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JFR

Nuveen Floating Rate Income Fund NYSE:JFR Stock Report

Last Price

US$8.21

Market Cap

US$1.1b

7D

-0.6%

1Y

1.2%

Updated

29 Sep, 2023

Data

Company Financials

Nuveen Floating Rate Income Fund

NYSE:JFR Stock Report

Mkt Cap: US$1.1b

JFR Stock Overview

Nuveen Floating Rate Income Fund is a close ended fixed income mutual fund launched by Nuveen Investments, Inc.

JFR fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends4/6

Nuveen Floating Rate Income Fund Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Nuveen Floating Rate Income Fund
Historical stock prices
Current Share PriceUS$8.21
52 Week HighUS$8.76
52 Week LowUS$7.69
Beta0.59
1 Month Change0.86%
3 Month Change4.06%
1 Year Change1.23%
3 Year Change-2.03%
5 Year Change-20.14%
Change since IPO-45.41%

Recent News & Updates

Recent updates

JFR: Merger Completed, Appealing Fund With A 12% Yield

Aug 02

Nuveen Senior Loan CEFs To Merge

Jul 11

Nuveen Floating Rate Income Fund declares $0.0745 dividend

Feb 07

JFR: The Thesis Is Holding True For This 10%-Yielding CEF

Jan 10

Nuveen Floating Rate Income Fund declares $0.0745 dividend

Dec 06

Nuveen Floating Rate Income Fund increases dividend by 776%

Nov 04

JFR: This Fund Should Benefit From Rising Interest Rates

Oct 19

Nuveen Floating Rate Income Fund declares $0.066 dividend

Oct 06

Nuveen Floating Rate Income Fund goes ex-dividend tomorrow

Sep 13

Nuveen Floating Rate Income Fund declares $0.066 dividend

Jul 07

JFR: Buying Opportunity Is Here

Mar 07

JFR - Leveraged Loan CEF, 6.9% Yield

Oct 03

Nuveen Floating Rate Income Fund declares $0.0485 dividend

Feb 04

Nuveen Floating Rate Income Fund declares $0.0485 dividend

Jan 05

The Nuveen Floating Rate Income Fund Trades At An Attractive 11% Discount With A Fresh Team At The Helm

Dec 12

Nuveen Floating Rate Income Fund declares $0.0485 dividend

Dec 02

Nuveen Floating Rate Income Fund declares $0.0485 dividend

Nov 03

Shareholder Returns

JFRUS Capital MarketsUS Market
7D-0.6%-1.2%-0.4%
1Y1.2%12.3%17.6%

Return vs Industry: JFR underperformed the US Capital Markets industry which returned 11.9% over the past year.

Return vs Market: JFR underperformed the US Market which returned 16.4% over the past year.

Price Volatility

Is JFR's price volatile compared to industry and market?
JFR volatility
JFR Average Weekly Movement1.3%
Capital Markets Industry Average Movement1.4%
Market Average Movement5.5%
10% most volatile stocks in US Market14.1%
10% least volatile stocks in US Market2.5%

Stable Share Price: JFR is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 1% a week.

Volatility Over Time: JFR's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2004n/an/ahttps://www.nuveen.com/CEF/Product/Overview.aspx?FundCode=JFR&refsrc=vu_nuveen.com/jfr

Nuveen Floating Rate Income Fund is a close ended fixed income mutual fund launched by Nuveen Investments, Inc. It is co-managed by Nuveen Fund Advisors LLC and Symphony Asset Management LLC. The fund invests in fixed income markets of the United States. It primarily invests in adjustable rate secured and unsecured senior loans.

Nuveen Floating Rate Income Fund Fundamentals Summary

How do Nuveen Floating Rate Income Fund's earnings and revenue compare to its market cap?
JFR fundamental statistics
Market CapUS$1.10b
Earnings (TTM)-US$16.62m
Revenue (TTM)US$57.62m

19.1x

P/S Ratio

-66.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
JFR income statement (TTM)
RevenueUS$57.62m
Cost of RevenueUS$0
Gross ProfitUS$57.62m
Other ExpensesUS$74.24m
Earnings-US$16.62m

Last Reported Earnings

Jan 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.12
Gross Margin100.00%
Net Profit Margin-28.84%
Debt/Equity Ratio44.7%

How did JFR perform over the long term?

See historical performance and comparison

Dividends

12.4%

Current Dividend Yield

-266%

Payout Ratio