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

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,

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)

Wednesday marks the last chance for investors to receive the next dividend payout from Nuveen Floating Rate Inc (NYSE:JRO). What's Happening The company announced on Monday that it would pay shareholders a monthly dividend of 7.4 cents per share. On Thursday, Nuveen Floating Rate Inc will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 7.4 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own JRO as of the end of Wednesday's session are eligible to receive t

  On Wednesday, 479 stocks made new 52-week lows. Things to Consider About Today's 52-Week Lows: Bank of America (NYSE:BAC) was the largest firm by market cap to set a new 52-week low. Jaguar Health (NASDAQ:JAGX) was the smallest company when considering market cap to set a new 52-week low. Bellicum Pharmaceuticals (NASDAQ:BLCM) shares traded down 47.66% to reach its 52-week low, making it the biggest loser. Tyson Foods (NYSE:TSN) saw the sharpest rebound, as shares ascended 0.0%, reversing after hiting a new 52-week low. Stocks that set new 52-week lows on Wednesday are as follows: Bank of America (NYSE:BAC) stock achieved a new 52-week low on Wednesday morning, hitting $27.68

Wednesday marks the last chance for investors to receive the next dividend payout from Nuveen Floating Rate Inc (NYSE:JRO). What's Happening The company announced on Tuesday that it would pay shareholders a monthly dividend of 7.4 cents per share. On Thursday, Nuveen Floating Rate Inc will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 7.4 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own JRO as of the end of Wednesday's session are eligible to receive

  On Tuesday, 838 companies hit new 52-week lows. Noteworthy Highlights From Today's 52-Week Highs And Lows: The largest company by market cap to set a new 52-week low was Microsoft (NASDAQ:MSFT). The smallest company by market cap to set a new 52-week low was Mobilicom (NASDAQ:MOB). Happiness Development Gro (NASDAQ:HAPP) saw the most pronounced move, as shares traded down 1658.84% to hit its new 52-week low. SS&C Technologies Hldgs (NASDAQ:SSNC) was the biggest winner of the bunch, with shares actually trading up 0.0% after it rebounded from its new 52-week low. On Tuesday, the following stocks hit new 52-week lows: Microsoft (NASDAQ:MSFT) stock broke to a new 52-week low of $

  On Thursday, 930 stocks hit new 52-week lows. Interesting Points From Today's 52-Week Lows: The largest company in terms of market cap to set a new 52-week low was Microsoft (NASDAQ:MSFT). The smallest company by market cap to set a new 52-week low was FedNat Holding (NASDAQ:FNHC). Sunlight Finl Hldgs (NYSE:SUNL) saw the most pronounced move, as shares traded down 54.56% to hit its new 52-week low. Abbott Laboratories (NYSE:ABT)'s stock made the biggest bounce back, actually moving up 0.01% shortly after hitting a new 52-week low. Here are all the stocks that set new 52-week lows on Thursday: Microsoft (NASDAQ:MSFT) shares were down 2.37% for the day, having made a 52-week low

  Monday saw 825 companies set new 52-week lows. Key Facts About Today's 52-Week Lows: Visa (NYSE:V) was the largest firm on a market cap basis to set a new 52-week low. The company with the smallest market cap to set a new 52-week low was Mobilicom (NASDAQ:MOB). Color Star Technology (NASDAQ:CSCW) shares dropped the most, trading down 3070.81% to reach its new 52-week low. Skillsoft (NYSE:SKIL) was the biggest winner of the bunch, with shares actually trading up 0.0% after it rebounded from its new 52-week low. On Monday, the following stocks hit new 52-week lows: Visa (NYSE:V) shares made a new 52-week low of $181.63 on Monday. The stock was down 0.94% for the day. Oracle (NY

  On Tuesday, 540 companies set new 52-week lows. Interesting Highlights From Today's 52-Week Lows: The largest company by market cap to set a new 52-week low was Alphabet (NASDAQ:GOOG). The company with the smallest market cap to set a new 52-week low was Genocea Biosciences (NASDAQ:GNCA). Genocea Biosciences (NASDAQ:GNCA)'s stock traded down the lowest, falling 67.26% to reach a new 52-week low. Babylon Holdings (NYSE:BBLN)'s stock rebounded the most, as it traded up 0.0% after dropping to a new 52-week low. These stocks set new 52-week lows on Tuesday: Alphabet (NASDAQ:GOOG) shares set a new 52-week low of $2,044.16. The stock traded down 6.78%. Alphabet (NASDAQ:GOOGL) stock

  On Friday, 153 companies set new 52-week lows. Areas of Significance In Today's 52-Week Lows: Vodafone Group (NASDAQ:VOD) was the biggest company in terms of market cap to set a new 52-week low. Helius Medical Tech (NASDAQ:HSDT) was the smallest company by market cap to set a new 52-week low. LiqTech International (NASDAQ:LIQT)'s stock dropped the most, trading down 44.42% to reach a new 52-week low. GigaMedia (NASDAQ:GIGM) saw the biggest bounce back on, as shares traded up 0.0% to rebound after it hit its new 52-week low. On Friday, the following stocks hit new 52-week lows: Vodafone Group (NASDAQ:VOD) stock hit a new 52-week low of $14.42. The stock was down 0.61% on the se

  On Wednesday, 807 companies reached new 52-week lows. Things to Consider About Today's 52-Week Lows: Amazon.com (NASDAQ:AMZN) was the largest company by market cap to set a new 52-week low. Games & Esports (NASDAQ:GEEXW) was the smallest company by market cap to set a new 52-week low. View (NASDAQ:VIEW)'s stock made the biggest move downwards, diving 59.15% to reach a new 52-week low. N-able (NYSE:NABL) saw the biggest bounce back on, as shares traded up 0.0% to rebound after it hit its new 52-week low. The following stocks created new 52-week lows on Wednesday: Home Depot (NYSE:HD) shares hit a yearly low of $286.25. The stock was down 0.49% on the session. Starbucks (NASDAQ

  During Thursday, 351 stocks hit new 52-week lows. Noteworthy Highlights From Today's 52-Week Lows: The largest company in terms of market cap to set a new 52-week low was Amazon.com (NASDAQ:AMZN). ThermoGenesis Holdings (NASDAQ:THMO) was the smallest company in terms of market cap to set a new 52-week low. Nephros (NASDAQ:NEPH)'s stock traded down the lowest, falling 32.94% to reach a new 52-week low. Nuveen Inter Dur Quality (NYSE:NIQ)'s shares had the biggest turnaround, impressively rebounding 0.08% after reaching a new 52-week low. The stocks that set new 52-week lows on Thursday: Amazon.com (NASDAQ:AMZN) shares fell to $2,315.00 on Thursday, setting a new 52-week low with