Nuveen Floating Rate Income Fund (JFR) returned 5.82% at common-share NAV for the 12 months ended July 31, 2026, versus 4.27% for the S&P UBS Leveraged Loan Index. Its common-share price return was 2.53%; its five-year NAV return was 5.81%, compared with 6.10% for the index. NAV returns are net of fund expenses and assume reinvested distributions; past performance does not predict or guarantee future results.
As of July 31, 2026, effective and regulatory leverage were each 37.47%. Variable-rate senior loan interests represented 143.2% of net assets, and 81.6% of total investments were rated BB or lower. Leverage can increase price volatility, and common-share income in leveraged funds typically decreases relative to unleveraged funds when short-term interest rates rise.
The current-month distribution-source estimate as of July 31, 2026 attributed 71.80% to net investment income, 28.20% to return of capital and 0.00% to realized gains. A return of capital may erode NAV per share and does not necessarily reflect investment performance or yield. The board reauthorized an open-market repurchase program allowing each fund to repurchase and retire up to approximately 10% of its outstanding common shares.
NUVEEN FLOATING RATE INCOME FUND (JFR) had a Form 4 filed for Trustee Terence J. Toth, reporting a sale of 4,464 shares of Common Stock on September 8, 2026, at an average price of $7.6508 per share in an open market or private transaction. Following this sale, he reported holding no shares directly, and no Rule 10b5-1 trading plan is reported.
NUVEEN FLOATING RATE INCOME FUND (JFR) has a new initial ownership report from Parth Doshi. The Form 3 lists Doshi as a reporting person with the description "VP" but not as a director, officer, or ten percent owner. The filing reports no transactions and no reportable share holdings at this time.
Nuveen Floating Rate Income Fund portfolio manager Scott C. Caraher reported buying additional Common Stock of the fund in two open-market transactions. He purchased 7,000 shares on March 30, 2026 at $7.2401 per share and another 7,000 shares on March 31, 2026 at $7.4127 per share. In total he acquired 14,000 shares, bringing his directly held position to 59,440 shares after the most recent transaction.
Nuveen’s closed-end funds, including Nuveen Floating Rate Income Fund, are calling a fully virtual annual shareholder meeting for April 16, 2026 at 2:00 p.m. Central time. Shareholders of record as of February 9, 2026 can attend online, vote electronically and submit questions via webcast.
The main business is electing independent Board Members across the fund complex, with different classes and, for funds with preferred shares, separate elections by preferred holders. The proxy explains quorum rules, NYSE proportionate voting treatment for certain preferred series and that unmarked proxies will be voted for the listed nominees.
The statement details the unitary, all‑independent board structure, committee responsibilities for audit, compliance, investments and closed‑end fund oversight, and revised director compensation from January 1, 2025. For context, Nuveen Floating Rate Income Fund had 160,967,425 common shares and TFP Series A 170,000 and TFP Series B 115,000 preferred shares outstanding as of February 9, 2026.
NUVEEN FLOATING RATE INCOME FUND disclosed an initial ownership report for insider Joseph Castro, who serves as Executive Vice President and Chief Risk & Compliance Officer. This Form 3 does not list any share transactions, but formally registers his insider status for ongoing ownership reporting.
Nuveen Floating Rate Income Fund insider activity shows a company officer reporting a sale of common shares. On 12/30/2025, the reporting person sold 4,000 shares of common stock at a price of $7.84 per share, coded as an "S" transaction, which indicates a sale. After this trade, the officer beneficially owned 18,338 shares, held directly. The filer is identified as a Vice President of Nuveen Floating Rate Income Fund, and this Form 4 covers a single non-derivative transaction with no derivative securities reported.
Nuveen Floating Rate Income Fund (JFR) reported an initial insider ownership filing. A company officer listed as VP and Treasurer submitted a Form 3 with an event date of 09/10/2025, stating no securities are beneficially owned. The filing was made by one reporting person and signed under power of attorney. This is a routine disclosure establishing the officer’s baseline ownership as of the stated date.