NFRAX – Nuveen Floating Rate Income A Investment Strategy | Morningstar

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Strategy

The investment seeks a high level of current income; capital appreciation is a secondary consideration. Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in floating rate securities. Floating rate securities are defined to include floating rate loans, other floating rate debt securities including corporate debt securities and U.S. government securities, money market securities and shares of money market and short-term bond funds.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
NFRIX	Nuveen Floating Rate Income Fund Class I	Institutional	Open			May 2, 2011	$1.19B	0.730%	Average	$100,000	$75.74M
NFRAX	Nuveen Floating Rate Income Fund Class A	Front Load	Open			May 2, 2011	$175.90M	0.980%	Below Average	$2,500	−$40.79M
NFFCX	Nuveen Floating Rate Income Fund Class C	Level Load	Open			May 2, 2011	$38.50M	1.730%	Below Average	$2,500	−$8.83M
NFRFX	Nuveen Floating Rate Income Fund Class R6	Retirement, Large	Open			Jan 28, 2015	$861.09M	0.660%	Average	$1M	$484.73M

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