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  • Writer's pictureJerremy Alexander Newsome

IncomeNOW JFR

Nuveen Floating Rate Income Fund  JFR In 1898 John Nuveen formed Nuveen and Company to conduct financial activities to include the underwriting of bond issues for roads, bridges, waterworks, transit systems, and other infrastructure projects. Over the years, Nuveen expanded into many types of financial operations which include asset management, trusts, and funds of various types including JFR which is the subject of this presentation. Somewhat as a boat floats above the prevailing water level ( this appears to be a primary objective for most boat owners and passengers) so do the assets in this fund (symbol JFR) earn an interest rate which is determined by, and floats abo