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Name

As of 11/19/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Nuveen Floating Rate Income Fund

XJFRX | Fund

$9.21

$550 M

0.00%

2.20%

Vitals

YTD Return

-0.6%

1 yr return

1.2%

3 Yr Avg Return

-4.1%

5 Yr Avg Return

-3.0%

Net Assets

$550 M

Holdings in Top 10

11.9%

52 WEEK LOW AND HIGH

$9.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.20%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 43.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Closed-end mutual fund

Name

As of 11/19/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Nuveen Floating Rate Income Fund

XJFRX | Fund

$9.21

$550 M

0.00%

2.20%

XJFRX - Profile

Distributions

  • YTD Total Return -0.6%
  • 3 Yr Annualized Total Return -4.1%
  • 5 Yr Annualized Total Return -3.0%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 5.39%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Nuveen Floating Rate Income Fund
  • Fund Family Name
    Nuveen
  • Inception Date
    May 11, 2004
  • Shares Outstanding
    56918468
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Scott Caraher

Fund Description

XJFRX - Performance

Return Ranking - Trailing

Period XJFRX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.6% -4.1% 10.2% 96.99%
1 Yr 1.2% -3.7% 14.6% 96.24%
3 Yr -4.1%* -6.9% 8.3% 98.06%
5 Yr -3.0%* -6.2% 38.4% 98.73%
10 Yr 0.1%* -2.2% 19.7% 97.81%

* Annualized

Return Ranking - Calendar

Period XJFRX Return Category Return Low Category Return High Rank in Category (%)
2023 2.8% -12.0% 11.1% 61.28%
2022 -13.3% -22.9% 5.1% 93.05%
2021 3.6% -12.2% 11.1% 5.14%
2020 -8.6% -14.1% 289.8% 94.24%
2019 4.3% -8.1% 7.5% 4.66%

Total Return Ranking - Trailing

Period XJFRX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.6% -4.1% 10.2% 96.99%
1 Yr 1.2% -3.7% 14.6% 96.24%
3 Yr -4.1%* -6.9% 8.3% 98.06%
5 Yr -3.0%* -6.2% 38.4% 98.73%
10 Yr 0.1%* -2.2% 19.7% 97.81%

* Annualized

Total Return Ranking - Calendar

Period XJFRX Return Category Return Low Category Return High Rank in Category (%)
2023 2.8% -12.0% 22.1% 98.87%
2022 -13.3% -22.9% 5.1% 95.75%
2021 3.6% -10.2% 11.1% 80.24%
2020 -8.6% -14.1% 306.9% 99.18%
2019 7.8% -3.6% 10.5% 44.92%

NAV & Total Return History

XJFRX - Holdings

Concentration Analysis

XJFRX Category Low Category High XJFRX % Rank
Net Assets 550 M 29.9 M 13.5 B 55.38%
Number of Holdings 476 2 1977 25.97%
Net Assets in Top 10 114 M -191 M 2.37 B 44.19%
Weighting of Top 10 11.91% 5.2% 100.7% 63.04%

Top 10 Holdings

  1. Restaurant Brands International Inc 2.46%
  2. Restaurant Brands International Inc 2.46%
  3. Restaurant Brands International Inc 2.46%
  4. Restaurant Brands International Inc 2.46%
  5. Restaurant Brands International Inc 2.46%
  6. Restaurant Brands International Inc 2.46%
  7. Restaurant Brands International Inc 2.46%
  8. Restaurant Brands International Inc 2.46%
  9. Restaurant Brands International Inc 2.46%
  10. Restaurant Brands International Inc 2.46%

Asset Allocation

Weighting Return Low Return High XJFRX % Rank
Bonds 		95.58% 0.00% 161.82% 50.78%
Stocks 		2.79% 0.00% 100.74% 29.46%
Cash 		1.38% -61.90% 16.36% 66.67%
Other 		0.23% -52.39% 34.87% 33.72%
Preferred Stocks 		0.02% -3.99% 7.30% 22.48%
Convertible Bonds 		0.00% 0.00% 5.51% 70.31%

Stock Sector Breakdown

Weighting Return Low Return High XJFRX % Rank
Utilities 		0.00% 0.00% 100.00% 53.13%
Technology 		0.00% 0.00% 100.00% 7.42%
Real Estate 		0.00% 0.00% 48.61% 33.98%
Industrials 		0.00% 0.00% 100.00% 41.41%
Healthcare 		0.00% 0.00% 100.00% 5.86%
Financial Services 		0.00% 0.00% 89.61% 23.05%
Energy 		0.00% 0.00% 100.00% 69.14%
Communication Services 		0.00% 0.00% 100.00% 10.16%
Consumer Defense 		0.00% 0.00% 100.00% 33.20%
Consumer Cyclical 		0.00% 0.00% 97.66% 45.70%
Basic Materials 		0.00% 0.00% 1.36% 43.75%

Stock Geographic Breakdown

Weighting Return Low Return High XJFRX % Rank
US 		2.76% -0.01% 100.74% 29.46%
Non US 		0.03% 0.00% 0.68% 13.18%

Bond Sector Breakdown

Weighting Return Low Return High XJFRX % Rank
Corporate 		97.77% 0.00% 99.80% 11.72%
Cash & Equivalents 		1.43% 0.00% 25.03% 57.75%
Securitized 		0.81% 0.00% 91.68% 37.50%
Derivative 		0.00% -10.96% 0.59% 69.77%
Municipal 		0.00% 0.00% 0.47% 54.69%
Government 		0.00% 0.00% 3.18% 62.89%

Bond Geographic Breakdown

Weighting Return Low Return High XJFRX % Rank
US 		83.04% 0.00% 123.41% 76.74%
Non US 		12.54% 0.00% 63.23% 17.83%

XJFRX - Expenses

Operational Fees

XJFRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.20% 0.03% 5.51% 15.09%
Management Fee 0.65% 0.00% 1.89% 61.13%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.02% 0.27% N/A

Sales Fees

XJFRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

XJFRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

XJFRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 43.00% 4.00% 180.00% 30.86%

XJFRX - Distributions

Dividend Yield Analysis

XJFRX Category Low Category High XJFRX % Rank
Dividend Yield 0.00% 0.00% 11.13% 96.99%

Dividend Distribution Analysis

XJFRX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

XJFRX Category Low Category High XJFRX % Rank
Net Income Ratio 5.39% 1.77% 9.82% 6.69%

Capital Gain Distribution Analysis

XJFRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

XJFRX - Fund Manager Analysis

Managers

Scott Caraher

Start Date

Tenure

Tenure Rank

Oct 27, 2014

7.6

7.6%

Mr. Caraher is a Co-Head of Investments, a member of the Risk Committee and responsible for Symphony’s retail and institutional bank loan-focused portfolios, including credit trading related to bank loans. Mr. Caraher has served more than 15 years at Symphony. Prior to joining the firm in 2002, he was an Investment Banking Analyst in the industrial group at Deutsche Banc Alex Brown in New York.  Mr. Caraher received a BS in finance from Georgetown University.

Kevin Lorenz

Start Date

Tenure

Tenure Rank

Aug 17, 2020

1.79

1.8%

Kevin is a portfolio manager for Nuveen’s global fixed income team and heads the leveraged finance sector team, which selects high yield and leveraged loan securities for all portfolios. He is also the lead portfolio manager for the High Yield strategies, co-manager of the Multi-Sector Bond strategy and a member of the Investment Committee, which establishes investment policy for all global fixed income products. Kevin has served in a variety of roles since joining the firm in 1987. He has been investing in high yield over his entire career and has focused exclusively on high yield since 1995. He began his career at the firm as a generalist focusing on the private placement market. Kevin has been quoted in The New York Times, Barron’s, The Wall Street Journal, Reuters and other financial press as well as appearances on CNBC for his seasoned views on the high yield asset class. Kevin graduated with a B.S. in Accounting from Rider University and an M.B.A. in Finance from Indiana University. He holds the CFA designation and is a member of the New York Society of Security Analysts. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 21.18 6.07 3.25

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