Nuveen Floating Rate Fund Quote
| JFR Fund | USD 8.71 0.11 1.28% |
Performance13 of 100
| Odds Of DistressLess than 20
|
Nuveen Floating is selling at 8.71 as of the 2nd of May 2024; that is 1.28 percent up since the beginning of the trading day. The fund's lowest day price was 8.58. Nuveen Floating has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for Nuveen Floating Rate are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of April 2024 and ending today, the 2nd of May 2024. Click here to learn more.
Nuveen Floating Rate Income Fund is a close ended fixed income mutual fund launched by Nuveen Investments, Inc. Nuveen Floating Rate Income Fund was formed on March 24, 2004 and is domiciled in the United States. Nuveen Floating is traded on New York Stock Exchange in the United States.. The company has 56.92 M outstanding shares of which 23.1 K shares are currently shorted by investors with about 0.12 days to cover. More on Nuveen Floating Rate
Moving together with Nuveen Fund
| 0.9 | CLM | Cornerstone Strategic | PairCorr |
| 0.87 | CRF | Cornerstone Strategic | PairCorr |
| 0.66 | ETV | Eaton Vance Tax | PairCorr |
| 0.64 | DNP | Dnp Select Me | PairCorr |
| 0.8 | ETJ | Eaton Vance Risk | PairCorr |
| 0.71 | GAB | Gabelli Equity Trust | PairCorr |
| 0.9 | ETY | Eaton Vance Tax | PairCorr |
Moving against Nuveen Fund
| 0.79 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
| 0.7 | MCD | McDonalds Sell-off Trend | PairCorr |
| 0.49 | INTC | Intel Financial Report 25th of July 2024 | PairCorr |
Nuveen Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nuveen Floating's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nuveen Floating or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Terence Toth |
| Old Name | JFE HOLDINGS |
| Fund Concentration | Bank Loan Funds, Asset Management, Financial Services (View all Sectors) |
| Update Date | 31st of March 2024 |
Nuveen Floating Rate [JFR] is traded in USA and was established 2nd of May 2024. The fund is not classified under any group at the present time. Nuveen Floating Rate currently has in assets under management (AUM) with no minimum investment requirementsThe fund is currently generating return of 3.96% with the current yeild of 0.0%, while the total return for the last 3 years was 5.4%.
Nuveen Floating Rate has about 2.45 M in cash with 46.28 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
Check Nuveen Floating Probability Of Bankruptcy
Nuveen Floating Target Price Odds Analysis
In regard to a normal probability distribution, the odds of Nuveen Floating jumping above the current price in 90 days from now is about 7.12%. The Nuveen Floating Rate probability density function shows the probability of Nuveen Floating fund to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Nuveen Floating has a beta of 0.1857. This indicates as returns on the market go up, Nuveen Floating average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nuveen Floating Rate will be expected to be much smaller as well. Additionally, nuveen Floating Rate has an alpha of 0.0819, implying that it can generate a 0.0819 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Nuveen Floating to move above the current price in 90 days from now is about 7.12 (This Nuveen Floating Rate probability density function shows the probability of Nuveen Fund to fall within a particular range of prices over 90 days) .
Nuveen Floating Top Holders
| RDFI | Rareview Dynamic Fixed | Etf | Multisector Bond |
| YYY | Amplify High Income | Etf | Tactical Allocation |
| HIPS | GraniteShares HIPS High | Etf | Aggressive Allocation |
| RBNAX | Robinson Opportunistic Income | Mutual Fund | High Yield Bond |
| RBNCX | Robinson Opportunistic Income | Mutual Fund | High Yield Bond |
| RBNNX | Robinson Opportunistic Income | Mutual Fund | High Yield Bond |
Nuveen Floating Rate Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Nuveen Floating market risk premium is the additional return an investor will receive from holding Nuveen Floating long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Nuveen Floating. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Nuveen Floating's alpha and beta are two of the key measurements used to evaluate Nuveen Floating's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.1181 | |||
| Jensen Alpha | 0.0819 | |||
| Total Risk Alpha | 0.0526 | |||
| Sortino Ratio | 0.0703 |
Nuveen Floating Against Markets
Picking the right benchmark for Nuveen Floating fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nuveen Floating fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nuveen Floating is critical whether you are bullish or bearish towards Nuveen Floating Rate at a given time. Please also check how Nuveen Floating's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Nuveen Floating without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Theme RatingsDetermine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
| All Next | Launch Module |
How to buy Nuveen Fund?
Before investing in Nuveen Floating, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Nuveen Floating. To buy Nuveen Floating fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nuveen Floating. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Nuveen Floating fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Nuveen Floating Rate fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Nuveen Floating Rate fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Nuveen Floating Rate, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Nuveen Floating Rate?
The danger of trading Nuveen Floating Rate is mainly related to its market volatility and Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nuveen Floating is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nuveen Floating. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nuveen Floating Rate is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen Floating Rate. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Nuveen Floating Rate information on this page should be used as a complementary analysis to other Nuveen Floating's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.