Nuveen Floating Rate Income Opportnty Fd (NYSE:JRO) insider Gifford R. Zimmerman sold 1,000 shares of the company’s stock in a transaction on Tuesday, October 4th. The shares were sold at an average price of $11.08, for a total transaction of $11,080.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of Nuveen Floating Rate Income Opportnty Fd (NYSE:JRO) traded up 0.18% on Friday, hitting $11.01. 59,704 shares of the stock traded hands. The stock has a 50-day moving average price of $10.88 and a 200 day moving average price of $10.43. Nuveen Floating Rate Income Opportnty Fd has a 12-month low of $8.80 and a 12-month high of $11.19.
About Nuveen Floating Rate Income Opportnty Fd
Nuveen Floating Rate Income Opportunity Fund is a diversified closed-end management investment company. The Fund’s investment objective is to achieve a high level of current income. The Fund invests at least 80% of its managed assets in adjustable rate loans, primarily secured senior loans. As part of the 80% requirement, the Fund also may invest in unsecured senior loans and secured and unsecured subordinated loans.
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