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JFR Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: December 15, 2025

Report Source: 2025 Annual Report

Nuveen Floating Rate Income Fund

Nuveen Floating Rate Income Fund. Stock Analysis JFR

United States N/A Small Cap Report:
Nuveen Floating Rate Income Fund is a US-based company operating in industry. The company is headquartered in Chicago, Illinois. The company went IPO on 2004-03-26. Nuveen Floating Rate Income Fund (the Fund) is a 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 Assets in secured Senior Loans and unsecured Senior Loans, which unsecured Senior Loans will be, at the time of investment, investment grade quality. The Fund invests at least 65% of its Managed Assets in Senior Loans that are secured by specific collateral. The Fund may invest its Managed Assets without limit in Senior Loans and other debt instruments that are, at the time of investment, rated below investment grade or unrated but judged to be of comparable quality. The company may invest up to 20% of its Managed Assets in securities of non‑United States issuers (which includes borrowers) that are United States dollar or non-United States dollar denominated. The company may invest up to 5% of its Managed Assets in iBoxx Loan Total Return Swaps. Its investment adviser is Nuveen Fund Advisors, LLC.
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Nuveen Floating Rate Income Fund (JFR) Chart

Key Statistics of Nuveen Floating Rate Income Fund (JFR)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$7.60$7.65

Today's Open

$7.61

Volume

412.68K

P/E Ratio (TTM)

-

52 Week Range

$7.16$8.59

Market Cap

1.21B

Avg. Volume

677.78K

Dividend Yield

4.74%

Financial Metrics & Statements of Nuveen Floating Rate Income Fund (JFR)

FAQ's for Nuveen Floating Rate Income Fund (JFR)

  • According to Musaffa’s Shariah screening methodology, Nuveen Floating Rate Income Fund (JFR) is currently classified as NOT HALAL as of December 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.
  • A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Nuveen Floating Rate Income Fund using these criteria to determine its compliance status.
  • Muslim investors may consider investing in Nuveen Floating Rate Income Fund if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
  • Musaffa determines the Shariah status of Nuveen Floating Rate Income Fund by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
  • The Shariah compliance status of Nuveen Floating Rate Income Fund may be updated periodically when new financial statements, earnings reports, or business activity information become available.
  • Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
  • You can check the latest Shariah compliance status of Nuveen Floating Rate Income Fund on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

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