JFR Stock Recent News

Nuveen announced the merger of its senior loan funds: NSL, JRO, JSD and JFR. The merger is slated to close July 31, 2023. Currently, arbitrage opportunities are slim.

Investors desperately need income to maintain their lifestyles given today's incredibly high inflation rate. JFR invests in a portfolio of floating-rate securities that should hold their value more than traditional bonds during rising-rate environments.

Floating-rate fixed-income securities should hold their value better than traditional bonds during periods of rising interest rates. Nuveen Floating Rate Income Fund invests primarily in a portfolio of these securities, so it should be a reasonably good choice for income in today's environment.

The current rising interest-rate environment has had a devastating effect on most assets. JFR is a CEF that invests in a portfolio of adjustable-rate loans that should produce higher income as interest rates rise.