Morningstar

Nuveen Floating Rate Income I NFRIX

Morningstar Medalist Rating
Medalist Rating as of | See Nuveen Investment Hub
  • NAV / 1-Day Return 18.15  /  −0.03 %
  • Total Assets 1.5 Bil
  • Adj. Expense Ratio
    0.720%
  • Expense Ratio 0.780%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 9.19%
  • Effective Duration 0.13 years

USD | NAV as of Sep 25, 2024 | 1-Day Return as of Sep 25, 2024, 10:14 PM GMT+0

Morningstar’s Analysis NFRIX

Will NFRIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable NFRIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the NFRIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of NFRIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

This fund has potential.

Analyst Chiayi Tsui

Chiayi Tsui

Analyst

Summary

A seasoned industry veteran leads Nuveen Floating Rate Income, and a sizable research and trading group serves as the engine that drives the fundamentals-rooted process. A readiness to exploit market dislocations can give the strategy an aggressive bent, but overall risk-taking has moderated under the leadership of Scott Caraher, who took over as lead in October 2018 but has been with this strategy since its inception in May 2011.

by Chiayi Tsui
Rated on Published on

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Portfolio Holdings NFRIX

More NFRIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
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