Nuveen Floating Rate Income Fund Class C (NFFCX)
| Fund Assets | 2.00B |
| Expense Ratio | 1.74% |
| Min. Investment | $3,000 |
| Turnover | 49.00% |
| Dividend (ttm) | 1.17 |
| Dividend Yield | 6.64% |
| Dividend Growth | -14.26% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 17.65 |
| YTD Return | -0.48% |
| 1-Year Return | 4.35% |
| 5-Year Return | 26.95% |
| 52-Week Low | 16.54 |
| 52-Week High | 17.77 |
| Beta (5Y) | n/a |
| Holdings | 403 |
| Inception Date | May 2, 2011 |
About NFFCX
Nuveen Floating Rate Income Fund Class C is a mutual fund designed to deliver a high level of current income through strategic investments in below investment grade floating-rate loans and other floating-rate securities. Its primary focus is on generating steady income, while capital appreciation remains a secondary objective. By investing at least 80% of its net assets and any borrowings for investment purposes in these floating-rate instruments, the fund aims to offer a measure of protection against rising interest rates, as the yield on its underlying assets adjusts with market conditions. The fund’s holdings typically include loans extended to companies that are rated below investment grade, which allows for potentially higher yields in exchange for elevated credit risk. Serving investors looking for income solutions that may be less sensitive to interest rate changes, Nuveen Floating Rate Income Fund Class C plays a significant role in diversified portfolios seeking exposure to the leveraged loan market and alternative income sources.
Performance
NFFCX had a total return of 4.35% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.89%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FFHCX | Fidelity | Fidelity Series Floating Rate High Income Fund | n/a |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.082 | Apr 1, 2026 |
| Feb 27, 2026 | $0.082 | Mar 2, 2026 |
| Jan 30, 2026 | $0.082 | Feb 2, 2026 |
| Dec 31, 2025 | $0.092 | Dec 31, 2025 |
| Nov 28, 2025 | $0.092 | Dec 1, 2025 |
| Oct 31, 2025 | $0.103 | Nov 3, 2025 |