Nasdaq - Delayed Quote
USD
Nuveen Floating Rate Income A (NFRAX)
17.49
+0.08
(+0.48%)
At close: October 30 at 8:03:30 PM EDT
Fund Summary
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.
Nuveen Floating Rate Income A
Chicago IL 60606
333 West Wacker Drive
Fund Overview
| Category | Bank Loan |
| Fund Family | Nuveen |
| Net Assets | 2.18B |
| YTD Return | 3.19% |
| Yield | 6.57% |
| Morningstar Rating | |
| Inception Date | Jan 28, 2015 |
Fund Operations
| Last Dividend | 0.93 |
| Last Cap Gain | -20.00 |
|---|---|
| Holdings Turnover | 49.00% |
| Average for Category | -- |
Fees & Expenses
| Expense | NFRAX | Category Average |
|---|---|---|
|
Annual Report Expense Ratio (net)
|
1.00% | 1.03% |
|
Prospectus Net Expense Ratio
|
1.00% | -- |
|
Prospectus Gross Expense Ratio
|
1.00% | -- |
|
Max 12b1 Fee
|
-- | -- |
|
Max Front End Sales Load
|
-- | 3.08% |
|
Max Deferred Sales Load
|
-- | 1.05% |
|
3 Yr Expense Projection
|
0 | -- |
|
5 Yr Expense Projection
|
0 | -- |
|
10 Yr Expense Projection
|
0 | -- |
Management Information
Coale W. Mechlin, Lead Manager since December 30, 2024
Coale Mechlin is a portfolio manager on the Leverage Finance investment team, focusing on the platform’s bank loan strategies. His responsibilities include supporting the day-to-day oversight and monitoring of the platform’s bank loan strategies. Coale joined the firm in 2017 as a research analyst covering the Technology sector. Prior to joining the firm, he was a high yield/senior loan capital markets associate for J.P. Morgan and an analyst for the UBS Investment Bank. Coale graduated with a B.A. in Economics from Wesleyan University.Morningstar Style Box
