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NFRFX
Mutual Fund ticker: NASDAQ
AS OF
Apr 25 closing price
Price
$17.93
Change
+$0.01 (+0.06%)
Net Assets
1.48B

NFRFX Nuveen Floating Rate Income R6 Forecast, Technical & Fundamental Analysis

The investment seeks a high level of current income; capital appreciation is a secondary consideration... Show more

Category: #Bank Loan
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A.I.Advisor
published Highlights

Industry description

The investment seeks a high level of current income; capital appreciation is a secondary consideration. Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in floating rate securities. Floating rate securities are defined to include floating rate loans, other floating rate debt securities including corporate debt securities and U.S. government securities, money market securities and shares of money market and short-term bond funds.
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A.I. Advisor
published General Information

General Information

Category BankLoan

Profile
Fundamentals
Details
Category
Bank Loan
Address
C/O John Nuveen & Co Inc333 West Wacker DriveChicago
Phone
N/A
Web
www.nuveen.com
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NFRFX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, NFRFX has been closely correlated with PFFRX. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if NFRFX jumps, then PFFRX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NFRFX
1D Price
Change %
NFRFX100%
+0.06%
PFFRX - NFRFX
95%
Closely correlated
+0.11%
TRIZX - NFRFX
95%
Closely correlated
+0.11%
FIQSX - NFRFX
94%
Closely correlated
N/A
EVBLX - NFRFX
92%
Closely correlated
+0.12%
FFRTX - NFRFX
82%
Closely correlated
+0.11%
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