Nuveen Floating Rate Income Fund (JFR) Stock 2026 Review

Mika L.
Written by Mika L.
Financial Content Writer

Nuveen Floating Rate Income Fund3.5/5

JFR (NYSE)

Dividend yield
12.94%
Distribution
Monthly
1-Year Return
-9.77%
5-Year Return
-12.84%

The Nuveen Floating Rate Income Fund (JFR) offers an attractive dividend yield of 12.94%, making it appealing for investors seeking reliable monthly income. With a focus on adjustable-rate loans, JFR reduces interest rate risk, thus providing a potential hedge against rising rates. Despite a 1-year return of -9.77% and a 5-year return of -12.84%, analyst ratings remain positive, indicating a buy signal for both short and long-term investments.

Pros:

  • High dividend yield
  • Monthly payouts

Cons:

  • Negative 1-year and 5-year returns
  • Market risk due to fixed income investments

The Nuveen Floating Rate Income Fund (JFR) may be suitable for income-focused investors who are willing to accept potential volatility and recent underperformance in exchange for a high dividend yield. While its returns over the last year and five years have been negative, the fund's structure may appeal to those seeking to hedge against rising interest rates.

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