Nuveen Floating Rate Income R6 (NFRFX)
| Fund Assets | 2.02B |
| Expense Ratio | 0.68% |
| Min. Investment | $5,000,000 |
| Turnover | 49.00% |
| Dividend (ttm) | 1.31 |
| Dividend Yield | 7.37% |
| Dividend Growth | -13.67% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 17.77 |
| YTD Return | 0.87% |
| 1-Year Return | 4.93% |
| 5-Year Return | 33.74% |
| 52-Week Low | 17.67 |
| 52-Week High | 18.16 |
| Beta (5Y) | n/a |
| Holdings | 447 |
| Inception Date | Jan 28, 2015 |
About NFRFX
Nuveen Floating Rate Income Fund Class R6 is an open-end mutual fund focused on generating a high level of current income for investors. The fund principally invests in floating-rate loans and other floating-rate debt securities, with at least 80% of its assets typically allocated to these instruments. These securities are often considered below investment grade, targeting companies or issuers with higher credit risk in exchange for the potential of higher interest payments that adjust in line with prevailing short-term rates, such as SOFR or Libor. The fund’s portfolio primarily consists of senior secured loans and related securities, which are designed to offer protection through collateral backing, as well as diversification across sectors like financials, energy, and industrials, depending on market conditions. Capital appreciation is a secondary investment objective. Managed by an experienced team at Nuveen, this share class emphasizes competitive yields and risk-managed exposure to bank loan markets. Its structure is intended to help investors diversify fixed income holdings and potentially manage interest rate risk, as floating-rate instruments tend to be less sensitive to rate changes compared to traditional bonds.
Performance
NFRFX had a total return of 4.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.64%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.0985 | Jul 1, 2026 |
| May 29, 2026 | $0.0985 | Jun 1, 2026 |
| Apr 30, 2026 | $0.0985 | May 1, 2026 |
| Mar 31, 2026 | $0.0985 | Apr 1, 2026 |
| Feb 27, 2026 | $0.0985 | Mar 2, 2026 |
| Jan 30, 2026 | $0.0985 | Feb 2, 2026 |