Nuveen Floating Rate Income Opps (NYSE:JRO)
- Market Cap$369.736m
- AIC sector-
- Manager GroupNuveen
The Fund's investment objective is to achieve a high level of current income. The Fund invests at least 80% of its managed assets in adjustable rate loans, primarily senior loans, though the loans may include unsecured senior loans and secured and unsecured subordinated loans. At least 65% of the Fund's managed assets must include adjustable rate senior loans that are secured by specific collateral. The Fund uses leverage.