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JRO / JRO: Floating Rate Loan Fund Offers Income Opportunity

JRO: Floating Rate Loan Fund Offers Income Opportunity
JRO offers income investors a level monthly distribution that yields 10.5% annually based on the recently raised distribution of $0.074. The JRO fund trades at a discount to NAV and benefits from rising interest rates due to its senior secured loans that are mostly floating rate. Read More
Posted: Dec 5 2022, 10:54
Author Name: Seeking Alpha
Views: 1023100

JRO News  

JRO: Potential Merger Arbitrage Opportunities

By Seeking Alpha
June 28, 2023

JRO: Potential Merger Arbitrage Opportunities

Nuveen is set to merge four of its floating rate loan funds: Nuveen Senior Income Fund, Nuveen Floating Rate Income Opportunity Fund, Nuveen Short Dur more_horizontal

JRO: Floating Rate Loan Fund Offers Income Opportunity

By Seeking Alpha
December 5, 2022

JRO: Floating Rate Loan Fund Offers Income Opportunity

JRO offers income investors a level monthly distribution that yields 10.5% annually based on the recently raised distribution of $0.074. The JRO fund more_horizontal


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