Nuveen Floating Rate Income Opportuntiy Fund Shares of Beneficial Interest

Symbol: JRO     Sector: Financial Services     Industry: Asset Management

Dividend Yield
Current Price

Dividend Data

Dividend Yield:7.52%
Dividend per Share:$ 0.7283
Next Ex-Div Date:2019-06-13
Next Div Payout:$ 0.0607
Payment Schedule:Monthly-
Payout Ratio (ttm)n.a.
Ø 3yr Growth Rate-1.93 %-1.21%
Ø 5yr Growth Rate-0.72 %-

Stock Data

Type:Common Stock
Exchange:New York Stock Exchange
Current Price (*):$ 9.69
Week 52 high:$ 10.63
Week 52 low:$ 8.69
Marketcap$ 393,249,815
Return on Equity0.00 %
P/E Ratio high0.00
P/E Ratio low0.00

General Info

About: The Fund seeks a high level of current income. It will invest at least 80% of its Managed Assets in adjustable rate loans, primarily secured senior loans, but also unsecured senior loans and secured and unsecured subordinated loans. It will invest at least 65% of its Managed Assets in adjustable senior loans that are secured by specific collateral. Adjustable rate loans pay interest at rates that are re-determined periodically at short-term intervals on the basis of an adjustable base lending rate plus a premium. It may invest a substantial portion of its Managed Assets in securities that are, at the time of investment, rated below investment grade or unrated but judged to be of comparable quality. Up to 20% of its Managed Assets may be invested in securities of non-US issuers that are US dollar or non-US dollar denominated.

Tags:  Asset Management    Financial Services