Nuveen Floating Rate Income Fu (JFR)

About

Nuveen Floating Rate Income Fund is a diversified, closed-end management investment company. The Fund's investment objective is to achieve a high level of current income. It invests approximately 80% of managed assets in adjustable rate loans, primarily secured senior loans. The Fund also may invest in unsecured senior loans and secured and unsecured subordinated loans. The Fund invests over 65% of its managed assets in adjustable rate senior loans that are secured by specific collateral. The Fund may invest a substantial portion of its managed assets in senior loans and other debt instruments that are, at the time of investment, rated below investment grade or are unrated but judged to be of comparable quality by Symphony Asset Management LLC (Symphony). Its investment portfolio includes Media; Software; Health Care Providers and Services, and Food and Staples Retailing. Nuveen Fund Advisors, LLC is the investment advisor of the Fund. Symphony is the sub-advisor of the Fund.