JFR

Nuveen Floating Rate Income Fund is a diversified closed-end management investment company that seeks to provide a high level of current income. The fund invests primarily in floating rate loans and debt securities, including senior secured floating rate loans made to domestic and foreign corporate borrowers. It aims to benefit from rising interest rate environments where floating rate instruments typically reset their coupons periodically. The fund provides investors with exposure to below investment-grade corporate credit while seeking to minimize interest rate risk.