JFR

Nuveen Floating Rate Income Fund

Fundamental data last updated:September 26, 2026

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company profile

SECTOR

Financial Services

industry

Asset Management - Income

Exchange

NYSE

County of HQ

US

Next Earnings Date

Not Scheduled

Business Summary

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

P/E

15.54

Market Cap ($M USD)

$1.02B

Forward P/E

N/A

PEG

N/A

PRICE TO SALES

7.20

PRICE TO BOOK

0.90

EV / EBITDA

33.66

5-Year Average P/E

Free Cash Flow Yield

-6.64%

DCF Value

$-1.87

Graham Number

$9.70

Price to FCF

-15.05

EV to FCF

-26.70

Earnings Yield

6.43%

FCF Yield

-6.64%

DIVIDEND

Yield

13.09%

Annual Payout

$1.00

Payout Ratio

202.06%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$0.49

Next Year EPS Growth Estimate

N/A

Next Year Revenue Growth Estimate

N/A

Return on Equity (ROE)

5.66%

FREE CASH FLOW

Operating Margin

91.86%

Debt-to-Equity

0.37

Piotroski F-Score

5

Altman Z-Score

1.41

Return on Invested Capital (ROIC)

5.51%

Current Ratio

0.00

Quick Ratio

0.00

Net Debt to EBITDA

14.69

Interest Coverage

6.15

Gross Profit margin

111.92%

FCF PER SHARE

$-0.42

REVENUE PER SHARE

$0.88

Gainseekers Quantitative Analysis

Summary

JFR’s valuation paints a complex picture. The stock has traded significantly below its DCF value, suggesting potential mispricing. However, the Altman Z-score of 1.40 raises red flags about financial distress. With a Price/Book ratio under 1, it might appear undervalued, yet the Earnings Yield of 6.52% and a high EV to EBITDA ratio of 33.41 indicate the market expects robust future growth. The absence of a Forward P/E further complicates the growth narrative, leaving investors questioning its future earnings potential.

AI Exposure / Tech Reliance

In the realm of asset management, JFR's ability to adapt to AI and tech shifts is crucial. As a player in financial services, leveraging AI for data analysis and customer insights could enhance its competitive edge. However, the industry's traditional nature may slow down rapid tech adoption.

The Bull Case

For value investors, JFR offers intriguing prospects. The robust operating margin of 91.86% highlights exceptional pricing power and operational efficiency. Despite a negative FCF yield, the Piotroski F-Score of 5 suggests moderate financial health. The ROIC of 5.51% indicates efficient capital allocation, making it a potential candidate for those seeking undervalued opportunities with strong institutional backing.

The Bear Case

Yet, the bear case is hard to ignore. The payout ratio exceeding 200% signals unsustainable dividend practices. Negative free cash flow and a Price to FCF ratio of -14.85 highlight severe cash flow issues. The stock's proximity to its 52-week low suggests market skepticism, compounded by a concerning net debt to EBITDA ratio of 14.69, indicating high leverage risk.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

N/A

Average Analyst Price Target

N/A

Institutional Ownership %

1-Year Beta

0.39

Insider Buying % (6 Mo)

Distance to 52-Week High

12.58%

Distance to 52-Week Low

6.16%

EARNINGS SURPRISE %

N/A

50-DAY SMA

$7.48

200-DAY SMA

$7.83

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.