What does Nuveen Floating Rate Income Fund Class A do?

Nuveen Floating Rate Income Fund Class A (NFRAX) operates in the Asset Management - Income industry within the Financial Services sector. Full company description, peers, and segment breakdown are on the page above.

What is NFRAX's market cap?

Nuveen Floating Rate Income Fund Class A (NFRAX) has a market capitalization of approximately $1.59 billion, as of July 24, 2026, based on the most recent share price and shares outstanding.

Does NFRAX pay a dividend?

Yes — Nuveen Floating Rate Income Fund Class A (NFRAX) pays a dividend monthly, with a trailing-twelve-month yield of 6.91%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.

NFRAX

Nuveen Floating Rate Income Fund Class A

NASDAQ·Asset Management, Income · Financial Services

$17.69$0.01−0.06%

Market cap$1.59B·Market closed·Jul 24 12:07 PM UTC

Price Chart

$17.69−$0.01 (−0.06%)today

−6.45%CAGR −1.33%

Select date range

FromTo

May 2, 2011Jul 24, 2021 → Jul 24, 2026· 5.0 yrsJul 24, 2026

Key Metrics

DividendDividend Tab

Dividend Yield (FWD)6.31%

Annual Dividend (FWD)$1.12

Dividend Growth (5Y)+7.4%

Dividend Safety—

Payout Ratio—

FCF Payout Ratio—

Most Recent Dividend$0.093

Ex-Dividend DateJun 30

Payment DateJul 1

EarningsEarnings Tab

EPS (FWD)—

P/E Ratio (FWD)—

EPS Growth (1Y)—

EPS Growth (3Y)—

EPS Growth (5Y)—

Next Earnings Date—

Last Report Date—

Reported vs Estimate—

Earnings Surprise—

FinancialsFinancials Tab

Revenue$31.89M

Net Income$18.35M

Net Margin57.5%

Operating Cash Flow−$877.81M

Capital Expenditures$0.00

Free Cash Flow−$877.81M

Return on Equity3.8%

Return on Invested Capital1.1%

Net Debt$265.43M

Value Graph

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EPS · Price vs. Fair Value Price Fair

Income Statement Flow

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About Nuveen Floating Rate Income Fund Class A

The fund primarily seeks to generate a high level of current income, with capital appreciation being a secondary objective. Under typical market conditions, it commits at least 80% of its net assets, including any funds borrowed for investment, to floating rate securities. These variable-rate investments encompass floating rate loans, other floating rate debt instruments from corporations and the U.S. government, money market securities, and shares of money market and short-term bond funds.

Sector: Financial Services
Industry: Asset Management - Income
Exchange: NASDAQ
Website: www.nuveen.com/en-us/mutual-funds/nuveen-floating-rate-income-fund?shareclass=A

Peers

Peers Tab

NFFCX

Nuveen Floating Rate Income C

Cap

$1.6B

NFRFX

Nuveen Floating Rate Income Fund Class R6

Cap

$1.6B

NFRIX

Nuveen Floating Rate Income Fund Class I

Cap

$1.6B

Latest News

News Tab

No recent news available.

Frequently Asked Questions About NFRAX

What does Nuveen Floating Rate Income Fund Class A do?: Nuveen Floating Rate Income Fund Class A (NFRAX) operates in the Asset Management - Income industry within the Financial Services sector. Full company description, peers, and segment breakdown are on the page above.
What is NFRAX's market cap?: Nuveen Floating Rate Income Fund Class A (NFRAX) has a market capitalization of approximately $1.59 billion, as of July 24, 2026, based on the most recent share price and shares outstanding.
Does NFRAX pay a dividend?: Yes — Nuveen Floating Rate Income Fund Class A (NFRAX) pays a dividend monthly, with a trailing-twelve-month yield of 6.91%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.