|Bid||9.25 x 3100|
|Ask||9.56 x 3000|
|Day's Range||9.52 - 9.56|
|52 Week Range||8.85 - 10.47|
|Beta (3Y Monthly)||0.38|
|PE Ratio (TTM)||109.54|
|Forward Dividend & Yield||0.74 (7.73%)|
|1y Target Est||N/A|
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Nuveen Floating Rate Income Fund and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
The Nuveen Floating Rate Income Fund 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 Nuveen Floating Rate Income Fund has filed with the Securities and Exchange Commission a notice of intention to redeem all of the outstanding Series 2019 Term Preferred Shares.
Eight Nuveen closed-end funds sub-advised by Symphony Asset Management announced portfolio management updates as part of an orderly leadership succession in which Gunther Stein has stepped down as Chief Investment Officer and Chief Executive Officer at Symphony Asset Management.