JFR Stock Overview
Nuveen Floating Rate Income Fund is a close ended fixed income mutual fund launched by Nuveen Investments, Inc.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
Nuveen Floating Rate Income Fund Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$8.21 |
| 52 Week High | US$8.76 |
| 52 Week Low | US$7.69 |
| Beta | 0.59 |
| 1 Month Change | 0.86% |
| 3 Month Change | 4.06% |
| 1 Year Change | 1.23% |
| 3 Year Change | -2.03% |
| 5 Year Change | -20.14% |
| Change since IPO | -45.41% |
Recent News & Updates
JFR: Merger Completed, Appealing Fund With A 12% Yield
Aug 02Nuveen Senior Loan CEFs To Merge
Jul 11Nuveen Floating Rate Income Fund declares $0.0745 dividend
Feb 07JFR: The Thesis Is Holding True For This 10%-Yielding CEF
Jan 10Nuveen Floating Rate Income Fund declares $0.0745 dividend
Dec 06Recent updates
JFR: Merger Completed, Appealing Fund With A 12% Yield
Aug 02Nuveen Senior Loan CEFs To Merge
Jul 11Nuveen Floating Rate Income Fund declares $0.0745 dividend
Feb 07JFR: The Thesis Is Holding True For This 10%-Yielding CEF
Jan 10Nuveen Floating Rate Income Fund declares $0.0745 dividend
Dec 06Nuveen Floating Rate Income Fund increases dividend by 776%
Nov 04JFR: This Fund Should Benefit From Rising Interest Rates
Oct 19Nuveen Floating Rate Income Fund declares $0.066 dividend
Oct 06Nuveen Floating Rate Income Fund goes ex-dividend tomorrow
Sep 13Nuveen Floating Rate Income Fund declares $0.066 dividend
Jul 07JFR: Buying Opportunity Is Here
Mar 07JFR - Leveraged Loan CEF, 6.9% Yield
Oct 03Nuveen Floating Rate Income Fund declares $0.0485 dividend
Feb 04Nuveen Floating Rate Income Fund declares $0.0485 dividend
Jan 05The Nuveen Floating Rate Income Fund Trades At An Attractive 11% Discount With A Fresh Team At The Helm
Dec 12Nuveen Floating Rate Income Fund declares $0.0485 dividend
Dec 02Nuveen Floating Rate Income Fund declares $0.0485 dividend
Nov 03Shareholder Returns
| JFR | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -0.6% | -1.2% | -0.4% |
| 1Y | 1.2% | 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
| JFR volatility | |
|---|---|
| JFR Average Weekly Movement | 1.3% |
| Capital Markets Industry Average Movement | 1.4% |
| Market Average Movement | 5.5% |
| 10% most volatile stocks in US Market | 14.1% |
| 10% least volatile stocks in US Market | 2.5% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | n/a | n/a | https://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
| JFR fundamental statistics | |
|---|---|
| Market Cap | US$1.10b |
| Earnings (TTM) | -US$16.62m |
| Revenue (TTM) | US$57.62m |
19.1x
P/S Ratio-66.2x
P/E RatioIs JFR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| JFR income statement (TTM) | |
|---|---|
| Revenue | US$57.62m |
| Cost of Revenue | US$0 |
| Gross Profit | US$57.62m |
| Other Expenses | US$74.24m |
| Earnings | -US$16.62m |
Last Reported Earnings
Jan 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.12 |
| Gross Margin | 100.00% |
| Net Profit Margin | -28.84% |
| Debt/Equity Ratio | 44.7% |
How did JFR perform over the long term?
See historical performance and comparison