Nuveen Floating Rate Income Fund Class C (NFFCX)
| Fund Assets | 1.52B |
| Expense Ratio | 1.78% |
| Min. Investment | $3,000 |
| Turnover | 24.00% |
| Dividend (ttm) | 1.44 |
| Dividend Yield | 7.90% |
| Dividend Growth | 6.17% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 18.21 |
| YTD Return | 7.37% |
| 1-Year Return | 8.25% |
| 5-Year Return | 25.54% |
| 52-Week Low | 18.03 |
| 52-Week High | 18.27 |
| Beta (5Y) | 0.21 |
| Holdings | 381 |
| Inception Date | May 2, 2011 |
About NFFCX
The investment seeks a high level of current income; capital appreciation is a secondary consideration. Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in floating rate securities. Floating rate securities are defined to include floating rate loans, other floating rate debt securities including corporate debt securities and U.S. government securities, money market securities and shares of money market and short-term bond funds.
Performance
NFFCX had a total return of 8.25% in the past year. Since the fund's inception, the average annual return has been 3.71%, including dividends.
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 |
Top 10 Holdings
16.55% of assets| Name | Symbol | Weight |
|---|---|---|
| BlackRock Liquidity Funds - T-Fund | TSTXX | 6.00% |
| Invesco Senior Loan ETF | BKLN | 2.03% |
| ZAYO GROUP HOLDI | ZAYO L 03.09.27 1 | 1.28% |
| COMMSCOPE INC | COMM L 04.06.26 8 | 1.26% |
| SURGERY CENTER | SURCEN L 12.19.30 2 | 1.13% |
| Freeport Lng Inv | n/a | 1.04% |
| BROADSTREET PART | BROPAR L 06.16.31 16 | 0.98% |
| CLUBCORP HOLDING | MYCC L 09.18.26 4 | 0.97% |
| BOXER PARENT CO | BMC L 07.30.31 10 | 0.94% |
| MEDLINE BORROWER | MEDIND L 10.23.28 4 | 0.90% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 29, 2024 | $0.103 | Dec 2, 2024 |
| Oct 31, 2024 | $0.1085 | Nov 1, 2024 |
| Sep 30, 2024 | $0.1185 | Oct 1, 2024 |
| Aug 30, 2024 | $0.1185 | Sep 3, 2024 |
| Jul 31, 2024 | $0.1185 | Aug 1, 2024 |
| Jun 28, 2024 | $0.1185 | Jul 1, 2024 |