Nuveen Floating Rate Income Fund Common Stock (JFR)

FairStock Score: 52/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

On 2026-10-13, Nuveen Floating Rate Income Fund closed at $7.32, giving it a $1.2 billion market cap. It is a closed-end fund that invests mainly in adjustable-rate secured and unsecured senior loans. As a fund, its edge is not a classic moat but manager skill, scale, and access to credit markets. The FairStock data show a mixed picture. Price sits below book value, with P/B at 0.86, and the Graham Number is $8.07, leaving a 9.29% margin of safety. The dividend yield is 12.43%, and beta is 0.38, so the income appeal is clear and the price has been less volatile than the market. But quality signals are weak. The Piotroski F-Score is only 1/9, and the Altman Z-Score of 0.44 suggests financial fragility. P/E is 21.53, ROE is 6.07%, ROCE is 4.39%, and D/E is 0.38. The FairStock Score is 52/100. Revenue and profit growth are not available, and no Lynch category can be assigned because there are only 0 years of filed results when 3 are needed. That limits my ability to judge consistency. The 52-week range of $7.16 to $8.00 shows the price near the low end. A high yield plus a discount to book can be attractive, but in a floating-rate loan fund it may also signal credit and leverage risk. I want more filed history and stronger health scores before treating the discount as a true margin of safety.

In plain English: This is a closed-end fund that invests mostly in adjustable-rate senior loans and pays out a high income. The numbers show it trades below its accounting value, but its profit measures and financial health look weak. At $7.32 on 2026-10-13, the price looks somewhat cheap versus book value, though the overall quality picture is just average.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer