Nuveen Floating Rate Income Fund (NYSE:JFR) Declares Monthly Dividend of $0.09

Nuveen Floating Rate Income Fund (NYSE:JFR) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Friday, February 14th will be given a dividend of 0.085 per share on Monday, March 3rd. This represents a $1.02 annualized dividend and a yield of 11.95%. The ex-dividend date of this dividend is Friday, February 14th.

Nuveen Floating Rate Income Fund Stock Performance

Shares of NYSE:JFR traded up $0.01 on Tuesday, hitting $8.54. The company’s stock had a trading volume of 792,819 shares, compared to its average volume of 1,215,287. Nuveen Floating Rate Income Fund has a 1 year low of $8.28 and a 1 year high of $9.24. The company has a 50-day simple moving average of $8.87 and a 200 day simple moving average of $8.85.

Nuveen Floating Rate Income Fund Company Profile

Nuveen Floating Rate Income Fund is a close ended fixed income mutual fund launched by Nuveen Investments, Inc It is co-managed by Nuveen Fund Advisors LLC and Symphony Asset Management LLC. The fund invests in fixed income markets of the United States. It primarily invests in adjustable rate secured and unsecured senior loans.