Nuveen Floating Rate Income Fund Class I (NFRIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
18.16
-0.01 (-0.06%)
Feb 18, 2025, 8:06 AM EST
0.28%
Fund Assets 1.61B
Expense Ratio 0.74%
Min. Investment $100,000
Turnover n/a
Dividend (ttm) 1.58
Dividend Yield 8.68%
Dividend Growth -3.75%
Payout Frequency Monthly
Ex-Dividend Date Feb 28, 2025
Previous Close 18.17
YTD Return 0.27%
1-Year Return 8.51%
5-Year Return 32.32%
52-Week Low 18.05
52-Week High 18.29
Beta (5Y) 0.24
Holdings 370
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.

Category Bank Loan
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol NFRIX
Share Class Class I
Index Index is not available on Lipper Database

Performance

NFRIX had a total return of 8.51% in the past year. Since the fund's inception, the average annual return has been 4.74%, including dividends.

Other Share Classes

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

Symbol Share Class Expense Ratio
NFRFX Class R6 0.67%
NFRAX Class A 0.99%
NFFCX Class C 1.74%

Top 10 Holdings

16.39% of assets
Name Symbol Weight
BlackRock Liquidity Funds - T-Fund TSTXX 5.41%
Invesco Senior Loan ETF BKLN 2.04%
COMMSCOPE INC COMM L 04.06.26 8 1.28%
ZAYO GROUP HOLDI ZAYO L 03.09.27 1 1.27%
BROADSTREET PART n/a 1.26%
SURGERY CENTER n/a 1.14%
Freeport Lng Inv n/a 1.05%
MEDLINE BORROWER n/a 1.02%
CLUBCORP HOLDING n/a 0.97%
BOXER PARENT CO n/a 0.95%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Feb 28, 2025 $0.1185 Mar 3, 2025
Jan 31, 2025 $0.1185 Feb 3, 2025
Dec 31, 2024 $0.1185 Dec 31, 2024
Nov 29, 2024 $0.1185 Dec 2, 2024
Oct 31, 2024 $0.124 Nov 1, 2024
Sep 30, 2024 $0.134 Oct 1, 2024
Full Dividend History