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Nuveen Floating Rate Income I NFRIX

Medalist Rating as of | See Nuveen Investment Hub
  • NAV / 1-Day Return 18.17  /  +0.08 %
  • Total Assets 1.5 Bil
  • Adj. Expense Ratio
    0.720%
  • Expense Ratio 0.780%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 8.77%
  • Effective Duration 0.08 years

USD | NAV as of Feb 28, 2024 | 1-Day Return as of Feb 28, 2024, 11:17 PM GMT+0

Morningstar’s Analysis NFRIX

Will NFRIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

This fund has potential.

Analyst Chiayi Tsui

Chiayi Tsui

Analyst

Summary

A seasoned industry veteran leads Nuveen Floating Rate Income, and a sizable research and trading group serves as the engine that drives the fundamentals-rooted process. A readiness to exploit market dislocations can give the strategy an aggressive bent, but overall risk-taking has moderated under the leadership of Scott Caraher, who took over as lead in October 2018 but has been with this strategy since its inception in May 2011.

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Portfolio Holdings NFRIX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 12.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
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