Restructuring Capital Associates Lp Lowers stake in Nuveen Floating Rate Income Fund (JFR)

Nuveen Floating Rate Income Fund (JFR) : Restructuring Capital Associates Lp reduced its stake in Nuveen Floating Rate Income Fund by 13.24% during the most recent quarter end. The investment management company now holds a total of 1,832,450 shares of Nuveen Floating Rate Income Fund which is valued at $19,533,917 after selling 279,655 shares in Nuveen Floating Rate Income Fund , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.Nuveen Floating Rate Income Fund makes up approximately 23.78% of Restructuring Capital Associates Lp’s portfolio.

Other Hedge Funds, Including , Yorktown Management Research Co Inc reduced its stake in JFR by selling 82,261 shares or 21.65% in the most recent quarter. The Hedge Fund company now holds 297,739 shares of JFR which is valued at $3,173,898. Nuveen Floating Rate Income Fund makes up approx 0.70% of Yorktown Management Research Co Inc’s portfolio.Tiemann Investment Advisors reduced its stake in JFR by selling 638 shares or 2.13% in the most recent quarter. The Hedge Fund company now holds 29,320 shares of JFR which is valued at $312,551. Nuveen Floating Rate Income Fund makes up approx 0.28% of Tiemann Investment Advisors’s portfolio.Baird Financial Group boosted its stake in JFR in the latest quarter, The investment management firm added 1,524 additional shares and now holds a total of 122,533 shares of Nuveen Floating Rate Income Fund which is valued at $1,306,202. Nuveen Floating Rate Income Fund makes up approx 0.01% of Baird Financial Group’s portfolio.Private Advisor Group boosted its stake in JFR in the latest quarter, The investment management firm added 6,268 additional shares and now holds a total of 41,103 shares of Nuveen Floating Rate Income Fund which is valued at $439,391. Nuveen Floating Rate Income Fund makes up approx 0.02% of Private Advisor Group’s portfolio.

Nuveen Floating Rate Income Fund is a diversified closed-end management investment company. The Fund’s investment objective is to achieve a high level of current income. It invests at least 80% of managed assets in adjustable rate loans primarily secured senior loans. As part of the 80% requirement it may invest in unsecured senior loans and secured and unsecured subordinated loans. It invests at least 65% of its managed assets in adjustable rate senior loans that are secured by specific collateral. It may invest a portion of its managed assets in senior loans and other debt instruments that are rated below investment grade or are unrated but judged to be of comparable quality. Its portfolio sectors include media; software; pharmaceuticals; diversified telecommunication services; diversified consumer services; food products; wireless telecommunication services; real estate investment trust; airlines and insurance among others. Its investment adviser is Nuveen Fund Advisors LLC.

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