Nuveen Floating Rate Income Fund (NYSE:JFR) Sees Large Drop in Short Interest

Posted by Brian Himes on Oct 10th, 2026

Nuveen Floating Rate Income Fund (NYSE:JFR – Get Free Report) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 88,566 shares, a decline of 83.1% from the September 15th total of 523,354 shares. Based on an average daily volume of 991,343 shares, the short-interest ratio is presently 0.1 days.

Nuveen Floating Rate Income Fund Stock Up 0.9%

Shares of JFR stock opened at $7.42 on Friday. The firm has a 50 day moving average of $7.55 and a 200-day moving average of $7.57. Nuveen Floating Rate Income Fund has a 52 week low of $7.16 and a 52 week high of $8.14.

Nuveen Floating Rate Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Thursday, October 15th will be issued a dividend of $0.0780 per share. This represents a $0.94 dividend on an annualized basis and a dividend yield of 12.6%. The ex-dividend date is Thursday, October 15th.

Insider Activity at Nuveen Floating Rate Income Fund

In other Nuveen Floating Rate Income Fund news, insider Terence J. Toth sold 4,464 shares of Nuveen Floating Rate Income Fund stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $7.65, for a total transaction of $34,149.60. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Institutional Trading of Nuveen Floating Rate Income Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cassaday & Co Wealth Management LLC purchased a new position in shares of Nuveen Floating Rate Income Fund during the first quarter valued at approximately $41,000. Asset Dedication LLC purchased a new stake in Nuveen Floating Rate Income Fund in the 1st quarter valued at $42,000. Axiom Investment Management LLC bought a new position in Nuveen Floating Rate Income Fund during the 1st quarter valued at $48,000. Northwestern Mutual Wealth Management Co. bought a new position in Nuveen Floating Rate Income Fund during the 2nd quarter valued at $79,000. Finally, Ieq Capital LLC purchased a new position in Nuveen Floating Rate Income Fund during the 2nd quarter worth $80,000.

About Nuveen Floating Rate Income Fund

(Get Free Report)

Nuveen Floating Rate Income Fund is a closed-end investment company listed on the New York Stock Exchange under the symbol JFR. The fund seeks to provide a high level of current income by investing primarily in floating-rate senior secured loans and other floating-rate debt instruments.

Its portfolio generally focuses on loans made to companies with below-investment-grade credit ratings or companies whose credit quality is comparable to below-investment-grade issuers. These investments may offer protection against rising interest rates because their interest payments typically adjust periodically based on changes in short-term reference rates.

The fund may invest across a range of industries and in issuers located in the United States and other countries.