Nuveen Floating Rate Income Opportunity Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Symphony Asset Management LLC. It invests in fixed income markets of the United States. The fund invests in adjustable rate loans, primarily in senior loans. It benchmarks the performance of its portfolio against the Barclays U.S. Aggregate Bond Index and CSFB Leveraged Loan Index. Nuveen Floating Rate Income Opportunity Fund was formed on April 27, 2004 and is domiciled in the United States.
IPO Year: 2004
Exchange: NYSE
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Fund merger results in the largest listed senior loan closed-end fund Monthly distribution increased by 14% The mergers of Nuveen Senior Income Fund (NYSE:NSL), Nuveen Floating Rate Income Opportunity Fund (NYSE:JRO), and Nuveen Short Duration Credit Opportunities Fund (NYSE:JSD) into Nuveen Floating Rate Income Fund (NYSE:JFR) were successfully completed prior to the opening of the New York Stock Exchange on July 31, 2023. The fund's newly consolidated portfolio contains approximately $2 billion in investments—the largest among listed senior loan closed-end funds. Through the mergers, a wholly-owned subsidiary of JFR acquired approximately all of the assets and liabilities of NSL,
N-CEN - Nuveen Floating Rate Income Opportunity Fund (0001289213) (Filer)
N-PX - Nuveen Floating Rate Income Opportunity Fund (0001289213) (Filer)
25-NSE - Nuveen Floating Rate Income Opportunity Fund (0001289213) (Subject)
425 - Nuveen Floating Rate Income Opportunity Fund (0001289213) (Subject)
425 - Nuveen Floating Rate Income Opportunity Fund (0001289213) (Subject)
425 - Nuveen Floating Rate Income Opportunity Fund (0001289213) (Subject)
N-CSRS - Nuveen Floating Rate Income Opportunity Fund (0001289213) (Filer)
PRE 14A - Nuveen Floating Rate Income Opportunity Fund (0001289213) (Filer)
N-CEN - Nuveen Floating Rate Income Opportunity Fund (0001289213) (Filer)
N-CSR - Nuveen Floating Rate Income Opportunity Fund (0001289213) (Filer)
SC 13G/A - Nuveen Floating Rate Income Opportunity Fund (0001289213) (Subject)
SC 13G/A - Nuveen Floating Rate Income Opportunity Fund (0001289213) (Subject)
SC 13G - Nuveen Floating Rate Income Opportunity Fund (0001289213) (Subject)
SC 13G - Nuveen Floating Rate Income Opportunity Fund (0001289213) (Subject)
SC 13D/A - Nuveen Floating Rate Income Opportunity Fund (0001289213) (Subject)
SC 13D/A - Nuveen Floating Rate Income Opportunity Fund (0001289213) (Subject)
SC 13D/A - Nuveen Floating Rate Income Opportunity Fund (0001289213) (Subject)
SC 13D/A - Nuveen Floating Rate Income Opportunity Fund (0001289213) (Subject)
SC 13G/A - Nuveen Floating Rate Income Opportunity Fund (0001289213) (Subject)
3 - Nuveen Floating Rate Income Opportunity Fund (0001289213) (Issuer)
3 - Nuveen Floating Rate Income Opportunity Fund (0001289213) (Issuer)
4 - Nuveen Floating Rate Income Opportunity Fund (0001289213) (Issuer)
3 - Nuveen Floating Rate Income Opportunity Fund (0001289213) (Issuer)
4 - Nuveen Floating Rate Income Opportunity Fund (0001289213) (Issuer)
3 - Nuveen Floating Rate Income Opportunity Fund (0001289213) (Issuer)
3 - Nuveen Floating Rate Income Opportunity Fund (0001289213) (Issuer)
4 - Nuveen Floating Rate Income Opportunity Fund (0001289213) (Issuer)
4 - Nuveen Floating Rate Income Opportunity Fund (0001289213) (Issuer)
4 - Nuveen Floating Rate Income Opportunity Fund (0001289213) (Issuer)
Trustees Terence J. Toth, Jack B. Evans, William C. Hunter, Albin F. Moschner, John K. Nelson, Judith M. Stockdale, Carole E. Stone, Margaret L. Wolff, Robert L. Young and Matthew Thornton, III Violated Federal Law Saba Capital Management, L.P. (collectively with certain of its affiliates, "Saba" or "we") today commented on the outcome of the lawsuit brought in the United States Court of Appeals for the Second Circuit (the "Court") by five closed-end funds advised by Nuveen Fund Advisors, LLC and Nuveen Asset Management, LLC (collectively, "Nuveen") – the Nuveen Floating Rate Income Fund (NYSE:JFR), Nuveen Floating Rate Income Opportunity Fund (NYSE:JRO), Nuveen Short Duration Credit Oppo
Fund merger results in the largest listed senior loan closed-end fund Monthly distribution increased by 14% The mergers of Nuveen Senior Income Fund (NYSE:NSL), Nuveen Floating Rate Income Opportunity Fund (NYSE:JRO), and Nuveen Short Duration Credit Opportunities Fund (NYSE:JSD) into Nuveen Floating Rate Income Fund (NYSE:JFR) were successfully completed prior to the opening of the New York Stock Exchange on July 31, 2023. The fund's newly consolidated portfolio contains approximately $2 billion in investments—the largest among listed senior loan closed-end funds. Through the mergers, a wholly-owned subsidiary of JFR acquired approximately all of the assets and liabilities of NSL,
Common and preferred shareholders of Nuveen Senior Income Fund (NYSE:NSL), Nuveen Floating Rate Income Opportunity Fund (NYSE:JRO), Nuveen Short Duration Credit Opportunities Fund (NYSE:JSD), and Nuveen Floating Rate Income Fund (NYSE:JFR) have approved a proposal to merge the funds. The mergers will combine each of NSL, JRO, and JSD into JFR. Subject to the satisfaction of certain customary closing conditions, the mergers are expected to become effective before the market opens on July 31, 2023. Leading up to the mergers, NSL, JRO, JSD, and JFR are expected to follow their normal distribution schedules. Following the mergers, JFR is expected to declare its regular August distribution on J
The Boards of Trustees of Nuveen Senior Income Fund (NYSE:NSL), Nuveen Floating Rate Income Opportunity Fund (NYSE:JRO), Nuveen Short Duration Credit Opportunities Fund (NYSE:JSD), and Nuveen Floating Rate Income Fund (NSYE: JFR) have approved a proposal to merge the funds. The proposed mergers, if approved by shareholders, would combine each of NSL, JRO, and JSD into JFR. The mergers are intended to create a larger fund with lower net operating expenses, enhanced earnings potential, and increased trading volume on the exchange for common shares. The proposed mergers of the funds are subject to certain conditions, including necessary approval by the funds' shareholders. Detailed informatio