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Financial ServicesNYQUSD

Nuveen Floating Rate Income Fund

$00123456789.00123456789001234567890.0%
52w low (est.) $6.31$9.53 52w high (est.)
Market data
Market cap
USD1.24B
52w range
USD7.16 - USD8.55
Beta
0.38
Sector
Financial Services
Data quality
100/100
Valuation
P/E ratio
22.6x
DCF fair value
USD8.52
Margin of safety
+10.8%
Dividend yield
12.19%
Quality & efficiency
Moat score
65/100
Return on equity
6.1%
Profit margin
44.5%
Debt / equity
0.38
Growth & analysts
Revenue growth
+4.3%
Run the 10-point checklist before you buy How these numbers are made

About Nuveen Floating Rate Income Fund

Nuveen Floating Rate Income Fund is a close ended fixed income mutual fund launched by Nuveen Investments, Inc. It is co-managed by Nuveen Fund Advisors LLC and Symphony Asset Management LLC. The fund invests in fixed income markets of the United States. It primarily invests in adjustable rate secured and unsecured senior loans. Nuveen Floating Rate Income Fund was formed on March 24, 2004 and is domiciled in the United States.

Valuation

ValueGrowthProfitHealthIncome70QUALITY
Overall Rating
59
Buy
Buy

Derived from filed metrics · High confidence (100% of the inputs available)

Moat Score65
DCF Intrinsic Value
USD8.52+10.8% upside

Moat, DCF and rating computed by our valuation engine (ported from the original Python model).

Fundamentals

Market Cap
USD1.24B
P/E Ratio
22.6
Dividend Yield
12.19%
Revenue Growth
+4.3%
Profit Margin
44.5%
ROE
6.1%
Debt / Equity
0.38
Beta
0.38
Dividend Aristocrats
vs Financial Services sector:P/E 23 vs 0 Moat 65 vs 0Yield 12.19% vs 0.0%

Statistics

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