Nuveen Floating Rate Income Opportunity Fund (JRO) Getting Somewhat Negative Media Coverage, Study Shows

News headlines about Nuveen Floating Rate Income Opportunity Fund (NYSE:JRO) have been trending somewhat negative on Wednesday, Accern Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Nuveen Floating Rate Income Opportunity Fund earned a daily sentiment score of -0.10 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 47.6023064308348 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Shares of Nuveen Floating Rate Income Opportunity Fund (JRO) opened at $10.76 on Wednesday. Nuveen Floating Rate Income Opportunity Fund has a 1 year low of $10.55 and a 1 year high of $12.93.

The business also recently disclosed a monthly dividend, which will be paid on Friday, December 1st. Shareholders of record on Wednesday, November 15th will be issued a dividend of $0.0705 per share. This represents a $0.85 dividend on an annualized basis and a yield of 7.86%. The ex-dividend date is Tuesday, November 14th.

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About Nuveen Floating Rate Income Opportunity Fund

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.

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