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Nuveen Floating Rate Income Fund Announces Redemption of Preferred Shares

NEW YORK--(BUSINESS WIRE)--

The Nuveen Floating Rate Income Fund (JFR) today announced that the Fund has redeemed all of its outstanding Series 2019 Term Preferred Shares. The Series 2019 Term Preferred Share redemption price is the $1,000 liquidation preference per share, plus an additional amount representing the final accumulated distribution amounts owed. The fund financed the Series 2019 Term Preferred Share redemption with borrowings from a credit facility and cash on hand. Official notification of the redemption has been delivered to Series 2019 Term Preferred Share shareholders through The Depository Trust Company (DTC).

The redemption amount of the outstanding Series 2019 Term Preferred Shares is as follows:

Fund & Common Share Symbol       Share         Term         Redemption
Amount Preferred Date
CUSIP
Nuveen Floating Rate Income Fund (JFR) 10,200 67072TAA6 11/21/2018
 

The address of the redemption and paying agent, Computershare Inc., is as follows: 250 Royall Street, Canton, Massachusetts 02021.

About Nuveen

Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Nuveen has $988 billion in assets under management as of 9/30/18 and operations in 16 countries. Its affiliates offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information, please visit www.nuveen.com.

Nuveen Securities, LLC, member FINRA and SIPC.

The information contained on the Nuveen website is not a part of this press release.

670721-INV-O-11/20

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