Nuveen Floating Rate Income Opportunity Fund

Nuveen Floating Rate Income Opportunity Fundverified

JRO

Price:

$7.88

Market Cap:

$319.46M

Nuveen Floating Rate Income Opportunity Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Symphony Asset Management LLC. It invests in fixed income markets of the United States. The fund invests in adjustable rate loans, primarily in senior loans. It benchmarks the performance of its portfolio against the Barclays U.S. Aggregate Bond Index and CSFB Leveraged Loan Index. Nuveen Floating Rate Income Opportunity Fund was formed on April 27, 2004 and is domiciled in the United States.[Read more]

Industry

Asset Management - Income

IPO Date

2009-01-01

Stock Exchange

NYSE

Ticker

JRO

The PE Ratio as of September 2024 (TTM) for Nuveen Floating Rate Income Opportunity Fund (JRO) is -26.27

According to Nuveen Floating Rate Income Opportunity Fund’s latest financial reports and current stock price. The company's current PE Ratio is -26.27. This represents a change of -Infinity% compared to the average of 0 of the last 4 quarters.

Nuveen Floating Rate Income Opportunity Fund (JRO) Historical PE Ratio (quarterly & annually)

How has JRO PE Ratio performed in the past?

The mean historical PE Ratio of Nuveen Floating Rate Income Opportunity Fund over the last ten years is 5.44. The current -26.27 PE Ratio has changed -48357.23% with respect to the historical average. Over the past ten years (40 quarters), JRO's PE Ratio was at its highest in in the January 2018 quarter at 0. The PE Ratio was at its lowest in in the January 2018 quarter at 0.

Quarterly (TTM)
Annual

Average

5.44

Median

6.13

Minimum

-33.50

Maximum

46.19

Nuveen Floating Rate Income Opportunity Fund (JRO) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Nuveen Floating Rate Income Opportunity Fund PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = Infinity%

Maximum Annual PE Ratio = 46.19

Minimum Annual Increase = -646.23%

Minimum Annual PE Ratio = -33.50

Quarterly (TTM)
Annual
YearPE RatioChange
2022-33.50-646.23%
20216.13-172.33%
2020-8.48-118.36%
201946.19157.37%
201817.9582.96%
20179.81Infinity%

Nuveen Floating Rate Income Opportunity Fund (JRO) Average PE Ratio

How has JRO PE Ratio performed in the past?

The current PE Ratio of Nuveen Floating Rate Income Opportunity Fund (JRO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

-11.95

5-year avg

5.66

10-year avg

5.44

Nuveen Floating Rate Income Opportunity Fund (JRO) PE Ratio vs. Peers

How is JRO’s PE Ratio compared to its peers?

Nuveen Floating Rate Income Opportunity Fund’s PE Ratio is less than Nuveen Floating Rate Income Fund (8.23), greater than BlackRock Municipal Income Fund, Inc. (-843.89), less than Eaton Vance Senior Income Trust (3.54), less than Apollo Senior Floating Rate Fund Inc. (4.71), less than Nuveen Senior Income Fund (-16.65), less than BlackRock Floating Rate Income Strategies Fund, Inc. (4.75), less than Nuveen Credit Strategies Income Fund (6.63), less than BlackRock Floating Rate Income Trust (4.47), less than Blackstone / GSO Long-Short Credit Income Fund (6.78), less than First Trust Senior Floating Rate Income Fund II (5.61), less than Nuveen Mortgage and Income Fund (8.03), less than Pioneer Floating Rate Fund, Inc. (9.29), less than Eaton Vance Senior Floating-Rate Trust (8.74), less than BlackRock Debt Strategies Fund, Inc. (4.01),

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Frequently asked questions❓

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