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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.