News headlines about Nuveen Floating Rate Income Fund (NYSE:JFR) have trended somewhat positive on Thursday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Nuveen Floating Rate Income Fund earned a news impact score of 0.04 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.9395243337397 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Nuveen Floating Rate Income Fund (NYSE JFR) opened at $11.12 on Thursday. Nuveen Floating Rate Income Fund has a 1-year low of $10.66 and a 1-year high of $12.34.
The firm also recently announced a monthly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be issued a dividend of $0.0675 per share. The ex-dividend date is Thursday, December 14th. This represents a $0.81 annualized dividend and a dividend yield of 7.28%.
About Nuveen Floating Rate Income Fund
Nuveen Floating Rate Income Fund is a diversified, closed-end management investment company. The Fund’s investment objective is to achieve a high level of current income. It invests approximately 80% of managed assets in adjustable rate loans, primarily secured senior loans. The Fund also may invest in unsecured senior loans and secured and unsecured subordinated loans.
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