Nuveen Floating Rate Income Fund Class I (NFRIX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
18.23
+0.01 (0.05%)
Dec 24, 2024, 8:00 PM EST
0.66% (1Y)
| Fund Assets | 1.52B |
| Expense Ratio | 0.78% |
| Min. Investment | $100,000 |
| Turnover | 24.00% |
| Dividend (ttm) | 1.62 |
| Dividend Yield | 8.91% |
| Dividend Growth | 5.77% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 18.22 |
| YTD Return | 8.25% |
| 1-Year Return | 9.21% |
| 5-Year Return | 32.31% |
| 52-Week Low | 18.05 |
| 52-Week High | 18.29 |
| Beta (5Y) | 0.21 |
| Holdings | 381 |
| Inception Date | May 2, 2011 |
About NFRIX
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.
Fund Family Nuveen
Category Loan Participation
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol NFRIX
Index Index is not available on Lipper Database
Performance
NFRIX had a total return of 9.21% in the past year. Since the fund's inception, the average annual return has been 4.72%, including dividends.
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 | $0.1185 | Dec 2, 2024 |
| Oct 31, 2024 | $0.124 | Nov 1, 2024 |
| Sep 30, 2024 | $0.134 | Oct 1, 2024 |
| Aug 30, 2024 | $0.134 | Sep 3, 2024 |
| Jul 31, 2024 | $0.134 | Aug 1, 2024 |
| Jun 28, 2024 | $0.134 | Jul 1, 2024 |