More about High-Yield Cash Accounts with M1
Brokerage Accounts
Retirement Accounts
Other Accounts
Quotes are delayed by 15 minutes.
1D
1W
1M
3M
6M
YTD
1Y
2Y
5Y
ALL
AUM
$445671604
P/E ratio
11.7
Dividend yield
11.7783%
Expense ratio
2.17%
Beta
0.415624
Previous close
$7.84
Today's open
$7.82
Day's range
$7.81 - $7.85
52 week range
$7.12 - $9.23
Bonds
Domestic
4.98%
JFR: Inconsistent Dividend Coverage (Rating Downgrade)
Nuveen Floating Rate Income Fund (JFR) is downgraded due to concerns over sustainability of its high 12.9% dividend yield. JFR's earnings have struggled to consistently cover distributions, with NAV and net investment income declining in recent years. The fund's aggressive leverage and high exposure to below-investment-grade credit increase risk, especially in a high-rate environment.
Seeking Alpha • Nov 2, 2025

Nuveen Floating Rate Income: Fed Outlook May Weaken Dividend
JFR's floating-rate loan portfolio faces income pressure if the Fed cuts rates, making dividend sustainability uncertain. Recent portfolio shifts to more defensive sectors reduce risk, but NAV per share continues to decline, raising valuation concerns. Current share price offers little discount to NAV, and the management fee above 1% further limits upside potential.
Seeking Alpha • Aug 26, 2025

Need $5,000 in Passive Income and Spooked By Stocks? Invest $10,000 in these 4 Funds
Although the US stock market is the largest in the world, with a market capitalization of roughly $49 trillion, the US bond market is larger, clocking in at $51 trillion.
24/7 Wall Street • Aug 11, 2025

Get Paid 10%+ a Year? These Monthly Dividend Stocks Actually Deliver
Although double-digit yields were normal during the 1980s, lower interest rates and a robust stock market have rendered yields of 10% or higher obscure.
24/7 Wall Street • Jun 17, 2025

JFR: Income Now, Price Recovery Later
JFR offers a high 12.2% yield, benefiting from the current elevated interest rate environment, making it attractive for income-focused investors. The fund is diversified across 384 positions, primarily in senior loans, but carries significant credit risk due to heavy exposure to below-investment-grade borrowers. JFR trades at a 5% discount-to-NAV, and while price appreciation is possible if rates fall, distributions may decrease in a lower-rate scenario.
Seeking Alpha • Jun 15, 2025

3 Cheap CEFs With Yields Up To 12%
We've got a rare “delayed reaction” income play on our hands right now. Thanks to the April stock-market plunge, we can now pick up 12%+ dividends at attractive discounts.
Forbes • Jun 3, 2025

JFR: Tactical Buy After The Storm (Rating Upgrade)
The Nuveen Floating Rate Income Fund is currently oversold due to market reactions, presenting a tactical 'Buy' opportunity with a potential +5% bounce. JFR's valuation has been impacted by tariff concerns, despite strong economic fundamentals and a stable NAV, leading to a -12% discount to NAV. The fund's yield is projected to adjust to around 10% due to anticipated Fed rate cuts, but defaults remain low and the economy robust.
Seeking Alpha • Apr 10, 2025

Nuveen Floating Rate Income Fund Announces the Preliminary Results of Rights Offering
NEW YORK--(BUSINESS WIRE)--Nuveen Floating Rate Income Fund (NYSE: JFR) (the “Fund”) today announced the preliminary results of its transferable rights offering (the “Offer”) which expired at 5:00 p.m., Eastern time, on February 19, 2025 (the “Expiration Date”). The Offer entitled the rights holders to subscribe for an aggregate of up to an additional 26,911,238 common shares of the Fund (“Common Shares”). The subscription price for the Common Shares to be issued was $8.20 per Common Share, whi.
Business Wire • Feb 20, 2025

CEF Insights: Finding Income & Stability With Senior Loans
U.S. senior floating rate loans offer unique protection against interest rate volatility along with high yield, making them a valuable diversifier in income-focused portfolios. Explore the benefits of senior loans and Nuveen's strategy and outlook with Nuveen Head of Senior Loans Scott Caraher. Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions including the Nuveen Floating Rate Income Fund.
Seeking Alpha • Feb 4, 2025

CEF Weekly Review: Dilution Dissection In Rights Offerings
We review the CEF market valuation and performance through the third week of January and highlight recent market action. CEFs had a strong week, driven by rallies in stocks and Treasuries, with higher-beta MLP and REIT sectors leading. Nuveen Floating Rate Income Fund's rights offering is discussed, emphasizing the importance of either selling or exercising the rights.
Seeking Alpha • Jan 26, 2025

¹ Disclosures

Open an M1 investment account to buy and sell Nuveen Floating Rate Income Fund commission-free¹. Build wealth for the long term using automated trading and transfers.