Equities

Nuveen Floating Rate Income Fund

JFR:NYQ

Nuveen Floating Rate Income Fund

Actions
FinancialsClosed End Investments
  • Price (USD)8.73
  • Today's Change0.01 / 0.11%
  • Shares traded666.94k
  • 1 Year change+7.78%
  • Beta0.5728
Data delayed at least 15 minutes, as of Mar 28 2024 20:10 BST.
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About the company

Nuveen Floating Rate Income Fund (the Fund) is a closed-end management investment company. The Fund seeks to achieve a high level of current income by investing in secured senior loans and unsecured senior loans. The Company invests in adjustable-rate loans, which provide a potential hedge against rising short-term rates. Under normal market circumstances, the Fund will invest at least 80% of its managed assets in adjustable-rate loans. In addition, the Fund invests at least 65% of its managed assets in senior loans that are secured by specific collateral. Its other loans include unsecured senior loans and secured and unsecured subordinated loans. The sectors covered by the portfolio include hotels, restaurants and leisure; software; media; health care providers and services, and oil, gas and consumable fuels. It also invests in the United States, Canada, the United Kingdom, Luxembourg, and the Netherlands. Nuveen Fund Advisors, LLC, is the Fund’s investment adviser.

  • Revenue in USD (TTM)--
  • Net income in USD--
  • Incorporated2004
  • Employees0.00
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Invesco California Value Mncpl Incm Trst24.14m6.32m476.99m--75.440.9228--19.760.1320.1320.50410.790.0264--1.37--0.69060.59630.71940.601518.5364.9426.1916.51----0.396433.71-54.99-17.94-35,344.77-----6.57
Highland Opportunities and Income Fund55.78m-14.09m479.17m----0.5516--8.59-0.2054-0.20540.816714.790.0514--2.29---1.303.25-1.343.4077.3175.30-25.2554.33--0.71070.0267154.10-47.15---145.58------
Guggenheim Active Allocation Fund48.90m47.93m485.14m--10.120.9195--9.921.451.451.4816.000.0675--2.50--6.61--9.04--59.37--98.02------0.2055--183.02--89.63------
PGIM Global High Yield Fund Inc46.63m34.99m489.45m--13.990.944--10.500.8550.8551.1412.670.0714------5.362.525.422.5675.9877.2275.0440.96----0.2185227.51-2.44-1.27136.056.11--52.59
ALTC Acquisition Corp0.0012.08m492.21m2.0060.471.4652.97--0.18890.18890.007.820.00----0.002.35--2.36--------------0.00------471.51------
John Hancock Preferred Income Fund III-100.00bn-100.00bn492.59m--------------------------------------------------------------
Nuveen Floating Rate Income Fund-100.00bn-100.00bn496.90m0.00------------------------------------------------------------
Nuveen New Jersey Quality Mncpl Inc Fund-100.00bn-100.00bn498.48m--------------------------------------------------------------
BlackRock Ltd Duration Income Trust-100.00bn-100.00bn501.03m0.00------------------------------------------------------------
abrdn World Healthcare Fund12.78m37.62m502.72m--13.321.13--39.350.99320.99320.335211.730.0222--4.48--6.533.716.583.78-6.2819.07294.44180.74----0.2116215.115.47-1.33159.873.10---0.4599
Invesco Trst fr Invstmt Grd Nw Yrk Mncpl-100.00bn-100.00bn505.99m--------------------------------------------------------------
Gladstone Investment Corporation128.58m67.38m510.72m74.007.141.09--3.971.991.993.8013.010.1522--24.141,737,500.007.987.768.368.0348.5657.7252.4052.81--18.830.473471.136.099.11-65.26-10.15--3.74
Invesco Quality Municipal Income Trust41.17m-651.22k511.92m0.00--0.9109--12.43-0.0123-0.01230.778510.630.0443--3.36---0.07010.4582-0.07220.460757.7667.84-1.5811.44--0.97330.3409607.97-1.46-5.17-1,830.45-----5.40
BlackRock Debt Strategies Fund Inc-100.00bn-100.00bn515.51m--------------------------------------------------------------
BlackRock MuniYield Fund Inc36.90m-5.56m516.03m----0.911--13.99-0.1187-0.11870.79517.550.0405--2.85---0.61---0.6195--59.49---15.07----0.7950.019--------------
Thornburg Income Builder Opportunts Trst28.11m104.60m518.76m--4.960.9521--18.463.263.260.876216.980.0544--36.52--20.25--20.37--74.93--372.13------0.00--0.0323--192.83------
Data as of Mar 28 2024. Currency figures normalised to Nuveen Floating Rate Income Fund's reporting currency: US Dollar USD

Institutional shareholders

13.18%Per cent of shares held by top holders
HolderShares% Held
Morgan Stanley Smith Barney LLC (Investment Management)as of 31 Dec 20234.11m3.07%
LPL Financial LLCas of 31 Dec 20232.44m1.82%
Merrill Lynch, Pierce, Fenner & Smith, Inc. (Invt Mgmt)as of 31 Dec 20232.01m1.50%
Guggenheim Partners Investment Management LLCas of 31 Dec 20231.79m1.33%
Invesco Capital Management LLCas of 31 Dec 20231.62m1.21%
Sit Investment Associates, Inc.as of 31 Dec 20231.51m1.12%
Penserra Capital Management LLCas of 31 Dec 20231.47m1.10%
Goldman Sachs Asset Management LPas of 31 Dec 2023930.86k0.69%
Congress Park Capital LLCas of 31 Dec 2023929.04k0.69%
RBC Capital Markets LLC (Investment Management)as of 31 Dec 2023864.12k0.65%
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Data from 31 Dec 2023 - 31 Dec 2023Source: FactSet Research Systems Inc.
Data Provided by LSEG
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