Nuveen Floating Rate Income Opportnty Fd (JRO) Earning Somewhat Favorable Press Coverage, Report Finds

News articles about Nuveen Floating Rate Income Opportnty Fd (NYSE:JRO) have been trending somewhat positive this week, according to Accern. Accern ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Nuveen Floating Rate Income Opportnty Fd earned a daily sentiment score of 0.05 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 47.1203928998456 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Shares of Nuveen Floating Rate Income Opportnty Fd (NYSE JRO) traded up $0.01 during midday trading on Friday, reaching $11.08. 174,316 shares of the company’s stock were exchanged, compared to its average volume of 192,248. Nuveen Floating Rate Income Opportnty Fd has a twelve month low of $10.55 and a twelve month high of $12.93.

The firm also recently declared a monthly dividend, which will be paid on Thursday, February 1st. Shareholders of record on Friday, January 12th will be given a dividend of $0.0705 per share. This represents a $0.85 dividend on an annualized basis and a yield of 7.64%. The ex-dividend date of this dividend is Thursday, January 11th.

In other Nuveen Floating Rate Income Opportnty Fd news, insider William J. Schneider sold 38,600 shares of the stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $11.27, for a total transaction of $435,022.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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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 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 Opportnty Fd (NYSE:JRO)

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