Nuveen Floating Rate Income Fund (NYSE:JFR): Institutional Investor Sentiment Up to 1.9

June 16, 2018 - By Marguerite Chambers

Sentiment for Nuveen Floating Rate Income Fund (NYSE:JFR)

Nuveen Floating Rate Income Fund (NYSE:JFR) institutional sentiment increased to 1.9 in Q1 2018. Its up 0.71, from 1.19 in 2017Q4. The ratio is better, as 40 hedge funds increased or started new stock positions, while 21 trimmed and sold holdings in Nuveen Floating Rate Income Fund. The hedge funds in our partner’s database now own: 11.57 million shares, up from 11.11 million shares in 2017Q4. Also, the number of hedge funds holding Nuveen Floating Rate Income Fund in their top 10 stock positions was flat from 1 to 1 for the same number . Sold All: 8 Reduced: 13 Increased: 28 New Position: 12.

The stock decreased 0.19% or $0.02 during the last trading session, reaching $10.61. About 184,264 shares traded or 25.27% up from the average. Nuveen Floating Rate Income Fund (NYSE:JFR) has declined 9.98% since June 16, 2017 and is downtrending. It has underperformed by 22.55% the S&P500.

Restructuring Capital Associates Lp holds 5.31% of its portfolio in Nuveen Floating Rate Income Fund for 859,199 shares. Livingston Group Asset Management Co (Operating As Southport Capital Management) owns 80,177 shares or 0.39% of their US portfolio. Moreover, Tiemann Investment Advisors Llc has 0.34% invested in the company for 39,147 shares. The Minnesota-based Cahill Financial Advisors Inc has invested 0.26% in the stock. Aviance Capital Partners Llc, a Florida-based fund reported 61,133 shares.

Since January 1, 0001, it had 1 insider purchase, and 0 selling transactions for $400,133 activity.

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