Somewhat Negative Press Coverage Somewhat Unlikely to Affect Nuveen Floating Rate Income Opportunity Fund (JRO) Stock Price

Press coverage about Nuveen Floating Rate Income Opportunity Fund (NYSE:JRO) has been trending somewhat negative this week, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Nuveen Floating Rate Income Opportunity Fund earned a coverage optimism score of -0.01 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 48.0021133261257 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Shares of Nuveen Floating Rate Income Opportunity Fund (NYSE JRO) opened at $11.05 on Thursday. Nuveen Floating Rate Income Opportunity Fund has a 12-month low of $10.55 and a 12-month high of $12.93.

The company also recently disclosed a monthly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be given a dividend of $0.0705 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $0.85 dividend on an annualized basis and a yield of 7.66%.

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Nuveen Floating Rate Income Opportunity Fund Company Profile

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 approximately 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.

Insider Buying and Selling by Quarter for Nuveen Floating Rate Income Opportunity Fund (NYSE:JRO)

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