Nuveen Floating Rate Income Fund (NYSE:JFR) to Issue $0.08 Monthly Dividend

Posted by Geri Gentry on Jun 3rd, 2026

Nuveen Floating Rate Income Fund (NYSE:JFR – Get Free Report) declared a monthly dividend on Monday, June 1st. Shareholders of record on Monday, June 15th will be paid a dividend of 0.078 per share on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 12.3%. The ex-dividend date is Monday, June 15th.

Nuveen Floating Rate Income Fund Price Performance

Shares of NYSE JFR opened at $7.62 on Tuesday. The business has a fifty day moving average of $7.49 and a two-hundred day moving average of $7.67. Nuveen Floating Rate Income Fund has a 52-week low of $7.16 and a 52-week high of $8.59.

Insider Activity

In related news, Portfolio Manager Scott C. Caraher acquired 7,000 shares of the business’s stock in a transaction on Monday, March 30th. The stock was bought at an average cost of $7.24 per share, with a total value of $50,680.00. Following the completion of the acquisition, the portfolio manager owned 52,440 shares in the company, valued at $379,665.60. The trade was a 15.40% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Asset Dedication LLC bought a new position in shares of Nuveen Floating Rate Income Fund during the first quarter valued at $42,000. Axiom Investment Management LLC acquired a new stake in shares of Nuveen Floating Rate Income Fund in the first quarter valued at $48,000. Arete Wealth Advisors LLC acquired a new stake in shares of Nuveen Floating Rate Income Fund in the first quarter valued at $178,000. Western Wealth Management LLC acquired a new stake in shares of Nuveen Floating Rate Income Fund in the first quarter valued at $90,000. Finally, Kanen Wealth Management LLC increased its stake in shares of Nuveen Floating Rate Income Fund by 6.0% in the first quarter. Kanen Wealth Management LLC now owns 813,234 shares of the company’s stock valued at $6,116,000 after buying an additional 45,800 shares in the last quarter.

About Nuveen Floating Rate Income Fund

(Get Free Report)

Nuveen Floating Rate Income Fund (NYSE: JFR) is a diversified, closed-end management investment company that seeks to provide current income by primarily investing in floating rate senior loans and other floating rate debt instruments. The fund focuses on senior secured loans issued by U.S. and non-U.S. corporations, aiming to benefit from variable interest payments that adjust with prevailing short-term rates and to help mitigate interest-rate risk. In pursuing its objective, the fund may also allocate assets to high-yield corporate debt, bank debt and other floating-rate instruments across a range of industries.

The fund employs leverage and a disciplined credit review process to enhance income generation.