Nuveen Floating Rate Income Fund Class I (NFRIX)
NFRIX Price Chart
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NFRIX Fund Profile
Key details and information about Nuveen Floating Rate Income Fund Class I (NFRIX).
Sector Focus
Financial Services
Industry
Asset Management - Income
Inception Date
2 May 2011
Country
US
Description
This fund aims to provide a high level of ongoing income, with capital growth considered a secondary objective. Under normal market conditions, at least 80% of the fund's combined net assets and borrowed capital designated for investment will be allocated to floating rate securities. These variable-rate investments include floating rate loans, other debt instruments with adjustable interest rates (such as corporate and U.S. government securities), money market securities, and shares of money market and short-term bond funds.
NFRIX Fund Performance
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