Nuveen Floating Rate Income Fund Class A (NFRAX)

Fund Assets	2.18B
Expense Ratio	1.00%
Min. Investment	$3,000
Turnover	49.00%
Dividend (ttm)	1.12
Dividend Yield	6.37%
Dividend Growth	-17.32%
Payout Frequency	Monthly
Ex-Dividend Date	Oct 30, 2026

Previous Close	17.52
YTD Return	2.07%
1-Year Return	4.02%
5-Year Return	31.00%
52-Week Low	17.52
52-Week High	17.94
Beta (5Y)	0.34
Holdings	462
Inception Date	May 2, 2011

About NFRAX

The Nuveen Floating Rate Income Fund Class A is a mutual fund focused on generating high current income for investors by predominantly investing in below investment grade floating-rate loans and related securities. Its primary mandate involves allocating at least 80% of its assets towards such floating-rate instruments, which typically adjust their interest payments in response to prevailing short-term rates, offering a measure of protection against rising interest rate environments. Unlike traditional fixed-rate bonds, these investments are linked to benchmarks such as SOFR or LIBOR, providing income that shifts with market fluctuations. The fund also holds a diversified portfolio of corporate and government debt, including money market securities and short-term bond funds, with exposure across various sectors and industries. Nuveen Floating Rate Income Fund Class A serves investors seeking regular monthly income streams and aims to maintain a lower correlation with broader fixed-income markets, making it a potential complement within diversified portfolios. The fund’s active management approach enables it to adapt to changing market conditions and credit opportunities.

• Fund Family: Nuveen
• Category: Bank Loan
• Performance Rating: Above Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: NFRAX
• Share Class: Class A
• Index: Index is not available on Lipper Database

Performance

NFRAX had a total return of 4.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.50%.

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

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
NFRFX	Class R6	0.68%
NFRIX	Class I	0.75%
NFFCX	Class C	1.75%

Dividend History

Ex-Dividend	Amount	Pay Date
Oct 30, 2026	$0.093	Nov 2, 2026
Sep 30, 2026	$0.093	Oct 1, 2026
Aug 31, 2026	$0.093	Sep 1, 2026
Jul 31, 2026	$0.093	Aug 3, 2026
Jun 30, 2026	$0.093	Jul 1, 2026
May 29, 2026	$0.093	Jun 1, 2026

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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