Morningstar

Nuveen Floating Rate Income Fund Class I NFRIX

Morningstar Medalist Rating
Medalist Rating as of | See Nuveen Investment Hub
  • NAV / 1-Day Return 17.72  /  0.00
  • Total Assets 2.0B
  • Adj. Expense Ratio
    0.730%
  • Expense Ratio 0.650%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 7.18%
  • Effective Duration 0.59 years

USD | NAV as of Jul 14, 2026 | 1-Day Return as of Jul 14, 2026, 12:11 AM GMT+0

Morningstar’s Analysis NFRIX

Will NFRIX outperform in the future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable NFRIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the NFRIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of NFRIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Prudent bank-loan investing backed by an experienced leader.

Associate Analyst Joe Bullard

Joe Bullard

Associate Analyst

Summary

Nuveen’s leveraged-finance group brings significant depth, and senior loans head Scott Caraher drives a thoughtful, risk-aware investment approach that allows room for opportunistic positioning. Increased confidence in Caraher and the team’s capabilities supports a People upgrade to Above Average from Average.

by Joe Bullard
Rated on Published on

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Portfolio Holdings NFRIX

More NFRIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
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