This company has been acquired
JRO Stock Overview
Nuveen Floating Rate Income Opportunity Fund is a closed-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 | 1/6 |
Dividends | 2/6 |
Nuveen Floating Rate Income Opportunity Fund Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$7.88 |
52 Week High | US$8.98 |
52 Week Low | US$7.45 |
Beta | 0.61 |
1 Month Change | 1.03% |
3 Month Change | 1.55% |
1 Year Change | -9.22% |
3 Year Change | -1.87% |
5 Year Change | -23.05% |
Change since IPO | -47.47% |
Recent News & Updates
JRO: Potential Merger Arbitrage Opportunities
Jun 28Nuveen Floating Rate Income Opportunity Fund declares $0.074 dividend
Feb 07Nuveen Floating Rate Income Opportunity Fund declares $0.074 dividend
Jan 11Nuveen Floating Rate Income Opportunity Fund declares $0.074 dividend
Dec 06Nuveen Floating Rate Income Opportunity Fund increases dividend by 770%
Nov 04Recent updates
JRO: Potential Merger Arbitrage Opportunities
Jun 28Nuveen Floating Rate Income Opportunity Fund declares $0.074 dividend
Feb 07Nuveen Floating Rate Income Opportunity Fund declares $0.074 dividend
Jan 11Nuveen Floating Rate Income Opportunity Fund declares $0.074 dividend
Dec 06Nuveen Floating Rate Income Opportunity Fund increases dividend by 770%
Nov 04Nuveen Floating Rate Income Opportunity Fund declares $0.0655 dividend
Oct 06Nuveen Floating Rate Income Opportunity Fund goes ex-dividend tomorrow
Sep 13Nuveen Floating Rate Income Opportunity Fund declares $0.0655 dividend
Jul 07JRO - 6.95% Yield From This Nuveen Loan Fund
Sep 25Nuveen Floating Rate Income Opportunity Fund declares $0.0475 dividend
Feb 04Nuveen Floating Rate Income Opportunity Fund declares $0.0475 dividend
Jan 05Nuveen Floating Rate Income Opportunity Fund declares $0.0475 dividend
Dec 02Shareholder Returns
JRO | US Capital Markets | US Market | |
---|---|---|---|
7D | 0.9% | -0.7% | -0.08% |
1Y | -9.2% | 26.7% | 27.7% |
Return vs Industry: JRO underperformed the US Capital Markets industry which returned 7.2% over the past year.
Return vs Market: JRO underperformed the US Market which returned 10.4% over the past year.
Price Volatility
JRO volatility | |
---|---|
JRO Average Weekly Movement | 1.5% |
Capital Markets Industry Average Movement | 3.3% |
Market Average Movement | 6.0% |
10% most volatile stocks in US Market | 16.8% |
10% least volatile stocks in US Market | 3.0% |
Stable Share Price: JRO has not had significant price volatility in the past 3 months.
Volatility Over Time: JRO'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=JRO |
Nuveen Floating Rate Income Opportunity Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Symphony Asset Management LLC. It invests in fixed income markets of the United States. The fund invests in adjustable rate loans, primarily in senior loans.
Nuveen Floating Rate Income Opportunity Fund Fundamentals Summary
JRO fundamental statistics | |
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Market cap | US$319.46m |
Earnings (TTM) | -US$12.03m |
Revenue (TTM) | US$41.00m |
7.8x
P/S Ratio-26.6x
P/E RatioIs JRO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
JRO income statement (TTM) | |
---|---|
Revenue | US$41.00m |
Cost of Revenue | US$0 |
Gross Profit | US$41.00m |
Other Expenses | US$53.04m |
Earnings | -US$12.03m |
Last Reported Earnings
Jan 31, 2023
Next Earnings Date
n/a
Earnings per share (EPS) | -0.30 |
Gross Margin | 100.00% |
Net Profit Margin | -29.34% |
Debt/Equity Ratio | 62.5% |
How did JRO perform over the long term?
See historical performance and comparison