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Market Cap: $1.59B

NR

Nuveen Floating Rate Income Fund Class R6

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Company Profile

The Nuveen Floating Rate Income Fund Class R6 primarily aims to deliver substantial current income to investors. While some capital appreciation may occur, it is considered a secondary objective. Under typical market conditions, the fund commits a significant portion—at least 80%—of its total investment capital (derived from its net assets combined with any borrowed funds) to securities that feature variable interest rates. This category of floating-rate investments is broad, encompassing instruments such as floating rate loans, other types of variable-rate debt obligations (including those from corporations and the U.S. government), money market instruments, and shares in money market or short-term bond funds.

SectorFinancial Services
IndustryAsset Management - Income
IPO DateJan 28, 2015
ExchangeNASDAQ
Exchange NameNASDAQ

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Headquarters & Contact
Address333 West Wacker Drive
City / State / ZIPChicago, IL, 60606
CountryUnited States
Phone312-917-8146
Websitehttps://www.nuveen.com/en-us/mutual-funds/nuveen-floating-rate-income-fund?shareclass=R6