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JRO / 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 Duration Credit Opportunities Fund, and Nuveen Floating Rate Income Fund. This consolidation is seen as beneficial for both Nuveen and shareholders, as it will allow the fund manager to have a unique offering in the leveraged loan space and could result in tighter discounts to NAV. The article discusses potential merger arbitrage opportunities, and provides a roadmap for JRO shareholders in light of the upcoming merger. Read More

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Posted: Jun 28 2023, 16:50

Author Name: Seeking Alpha

JRO News

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

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

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