{"id":773698,"date":"2023-07-31T08:30:13","date_gmt":"2023-07-31T12:30:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/nuveen-floating-rate-income-fund-announces-completion-of-mergers-and-distribution-increase\/"},"modified":"2023-07-31T08:30:13","modified_gmt":"2023-07-31T12:30:13","slug":"nuveen-floating-rate-income-fund-announces-completion-of-mergers-and-distribution-increase","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nuveen-floating-rate-income-fund-announces-completion-of-mergers-and-distribution-increase\/","title":{"rendered":"Nuveen Floating Rate Income Fund Announces Completion of Mergers and Distribution Increase"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwlistdisc { list-style-type: disc }\n.bwpadl0 { padding-left: 0px }\n.bwpadr0 { padding-right: 0px }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwuline { text-decoration: underline }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignt { vertical-align: top }\n.bwwidth12 { width: 12% }\n.bwwidth18 { width: 18% }\n.bwwidth20 { width: 20% }\n.bwwidth21 { width: 21% }\n.bwwidth3 { width: 3% }\n.bwwidth64 { width: 64% }\n.bwwidth65 { width: 65% }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Nuveen Floating Rate Income Fund Announces Completion of Mergers and Distribution Increase<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nFund merger results in the largest listed senior loan closed-end fund<\/p>\n<\/li>\n<li>\nMonthly distribution increased by 14%<\/p>\n<\/li>\n<\/ul>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nThe mergers of Nuveen Senior Income Fund (NYSE: NSL), Nuveen Floating Rate Income Opportunity Fund (NYSE: JRO), and Nuveen Short Duration Credit Opportunities Fund (NYSE: JSD) into <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.nuveen.com%2Fen-us%2Fclosed-end-funds%2Fjfr-nuveen-floating-rate-income-fund&amp;esheet=53489916&amp;newsitemid=20230731051404&amp;lan=en-US&amp;anchor=Nuveen+Floating+Rate+Income+Fund&amp;index=1&amp;md5=86fa59c01d4f7065a903241599baa896\">Nuveen Floating Rate Income Fund<\/a> (NYSE: JFR) were successfully completed prior to the opening of the New York Stock Exchange on July 31, 2023. The fund\u2019s newly consolidated portfolio contains approximately $2 billion in investments\u2014the largest among listed senior loan closed-end funds.<\/p>\n<p>\nThrough the mergers, a wholly-owned subsidiary of JFR acquired approximately all of the assets and liabilities of NSL, JRO, and JSD in tax-free transactions, and common shares of NSL, JRO, and JSD were converted to newly-issued common shares of JFR in an aggregate amount equal to the value of the net assets of NSL, JRO, and JSD. The transactions took place based upon NSL\u2019s, JRO\u2019s, JSD\u2019s, and JFR\u2019s closing net asset values on July 28, 2023. The exchange ratios at which common shares of NSL, JRO, and JSD were converted to common shares of JFR are listed below:<\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth65\">\n<tr>\n<td class=\"bwvertalignb bwsinglebottom bwpadl0 bwwidth12\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><b>Ticker<\/b><\/p>\n<\/td>\n<td class=\"bwvertalignb bwsinglebottom bwpadl0 bwwidth64\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><b>Fund Name<\/b><\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwpadl0 bwwidth3\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwvertalignb bwsinglebottom bwpadl0 bwwidth21\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\"><b>Exchange<\/b><\/p>\n<p class=\"bwalignr bwcellpmargin\"><b>Ratio<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwsinglebottom bwpadl0 bwwidth12\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nNSL<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwpadl0 bwwidth64\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nNuveen Senior Income Fund<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwpadl0 bwwidth3\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwwidth21\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n0.58066176<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwpadl0 bwsinglebottom bwwidth12\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nJRO<\/p>\n<\/td>\n<td class=\"bwpadl0 bwsinglebottom bwwidth64\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nNuveen Floating Rate Income Opportunity Fund<\/p>\n<\/td>\n<td class=\"bwpadl0 bwsinglebottom bwwidth3\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<td class=\"bwpadl0 bwsinglebottom bwpadr0 bwvertalignb bwwidth21\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n0.98666856<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwsinglebottom bwpadl0 bwwidth12\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nJSD<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwpadl0 bwwidth64\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nNuveen Short Duration Credit Opportunities Fund<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwpadl0 bwwidth3\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwwidth21\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n1.45917932<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p>\nIn addition, JFR has declared the following monthly distribution. The distribution represents an increase over the previous month of 14%. The following dates apply to today&#8217;s monthly distribution declaration for JFR:<\/p>\n<p><b>Record Date August 15, 2023<br \/>\n<br \/>Ex-Dividend Date August 14, 2023<br \/>\n<br \/>Payable Date September 1, 2023<\/b><\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth65\">\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth12\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><span class=\"bwuline\"><b>Ticker<\/b><\/span><\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth12\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><span class=\"bwuline\"><b>Exchange<\/b><\/span><\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth20\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><span class=\"bwuline\"><b>Fund Name<\/b><\/span><\/p>\n<\/td>\n<td class=\"bwvertalignb bwsinglebottom bwpadl0 bwwidth20\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>Monthly<br \/>\n<br \/>Distribution<br \/>\n<br \/>Per Share<br \/>\n<br \/>Amount<\/b><\/p>\n<\/td>\n<td class=\"bwvertalignb bwsinglebottom bwpadl0 bwwidth18\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>Change From<br \/>\n<br \/>Previous<br \/>\n<br \/>Month<\/b><\/p>\n<\/td>\n<td class=\"bwvertalignb bwsinglebottom bwpadl0 bwwidth18\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>Market<br \/>\n<br \/>Distribution<br \/>\n<br \/>Rate*<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth12\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nJFR<\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth12\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nNYSE<\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth20\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nNuveen Floating Rate Income Fund<\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0 bwpadr0 bwwidth20 bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n$0.0850<\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0 bwpadr0 bwwidth18 bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n$0.0105<\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0 bwpadr0 bwwidth18 bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n12.8%<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p>\n*Based on market price as of 28 Jul 2023<\/p>\n<p>\nThe goal of the fund\u2019s level distribution program is to provide shareholders with stable, but not guaranteed, cash flow, independent of the amount or timing of income earned or capital gains realized by the fund. The fund intends to distribute all or substantially all of its net investment income through its regular monthly distribution and to distribute realized capital gains at least annually. In any monthly period, in order to maintain its level distribution amount, the fund may pay out more or less than its net investment income during the period. As a result, regular distributions throughout the year are expected to include net investment income and potentially a return of capital and\/or capital gains for tax purposes. If a distribution includes anything other than net investment income, the fund provides a notice of the best estimate of its distribution sources at the time of the distribution which may be viewed at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.nuveen.com%2FCEFdistributions&amp;esheet=53489916&amp;newsitemid=20230731051404&amp;lan=en-US&amp;anchor=www.nuveen.com%2FCEFdistributions&amp;index=2&amp;md5=c0b2dc07b6001076b48060d3e7f6f61b\">www.nuveen.com\/CEFdistributions<\/a>. These estimates may not match the final tax characterization (for the full year\u2019s distributions) contained in shareholders\u2019 1099-DIV forms after the end of the year.<\/p>\n<p>\nYou should not draw any conclusions about the Fund\u2019s investment performance from the amount of the distribution. A return of capital is a non-taxable distribution of a portion of a Fund\u2019s capital. A distribution including return of capital does not necessarily reflect a Fund\u2019s investment performance and should not be confused with \u201cyield\u201d or \u201cincome.\u201d<\/p>\n<p>\nJFR seeks to achieve a high level of current income by investing in secured senior loans and unsecured senior loans, which unsecured senior loans will be, at the time of investment, investment grade quality. The fund\u2019s portfolio is managed by Nuveen\u2019s Leveraged Finance team, one of the industry\u2019s best resourced and tenured managers of senior loan portfolios. To learn more about Nuveen\u2019s strategy and outlook, please <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.nuveen.com%2Fsenior-loan-cefs&amp;esheet=53489916&amp;newsitemid=20230731051404&amp;lan=en-US&amp;anchor=click+here&amp;index=3&amp;md5=9be578fad42ede59be2af1973c4f7fff\">click here<\/a>.<\/p>\n<p>\nNuveen is a leading sponsor of closed-end funds (CEFs) with $53 billion of assets under management across 51 CEFs as of 30 Jun 2023. The funds offer exposure to a broad range of asset classes and are designed for income-focused investors seeking regular distributions. Nuveen has more than 35 years of experience managing CEFs.<\/p>\n<p><b>About Nuveen<\/b><\/p>\n<p>\nNuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Nuveen has $1.1 trillion in assets under management as of 30 Jun 2023 and operations in 27 countries. Its investment specialists offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.nuveen.com&amp;esheet=53489916&amp;newsitemid=20230731051404&amp;lan=en-US&amp;anchor=www.nuveen.com&amp;index=4&amp;md5=dcf23d84cbcfd6e2ec3cba9d11a3c811\">www.nuveen.com<\/a>.<\/p>\n<p>\nNuveen Securities, LLC, member FINRA and SIPC.<\/p>\n<p>\nThe information contained on the Nuveen website is not a part of this press release.<\/p>\n<p>\nFORWARD LOOKING STATEMENTS<\/p>\n<p>\nCertain statements made in this release are forward-looking statements. Actual future results or occurrences may differ significantly from those anticipated in any forward-looking statements due to numerous factors. These include, but are not limited to:<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nmarket developments; including the timing of distributions and other events identified in this press release;<\/p>\n<\/li>\n<li>\nlegal and regulatory developments; and<\/p>\n<\/li>\n<li>\nother additional risks and uncertainties.<\/p>\n<\/li>\n<\/ul>\n<p>\nEPS-3032088PR-E0723W<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230731051404r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230731051404\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230731051404\/en\/<\/a><\/span><\/p>\n<p>\nFor more information, please visit Nuveen\u2019s CEF homepage <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.nuveen.com%2Fclosed-end-funds&amp;esheet=53489916&amp;newsitemid=20230731051404&amp;lan=en-US&amp;anchor=www.nuveen.com%2Fclosed-end-funds&amp;index=5&amp;md5=b24acf77f3c821ae34f6bd3268dc388d\">www.nuveen.com\/closed-end-funds<\/a> or contact:<\/p>\n<p>\nFinancial Professionals:<br \/>\n<br \/>800-752-8700<\/p>\n<p>\nInvestors:<br \/>\n<br \/>800-257-8787<\/p>\n<p>\nMedia:<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:media-inquiries@nuveen.com\">media-inquiries@nuveen.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Asset Management Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Nuveen Floating Rate Income Fund Announces Completion of Mergers and Distribution Increase Fund merger results in the largest listed senior loan closed-end fund Monthly distribution increased by 14% NEW YORK&#8211;(BUSINESS WIRE)&#8211; The mergers of Nuveen Senior Income Fund (NYSE: NSL), Nuveen Floating Rate Income Opportunity Fund (NYSE: JRO), and Nuveen Short Duration Credit Opportunities Fund (NYSE: JSD) into Nuveen Floating Rate Income Fund (NYSE: JFR) were successfully completed prior to the opening of the New York Stock Exchange on July 31, 2023. The fund\u2019s newly consolidated portfolio contains approximately $2 billion in investments\u2014the largest among listed senior loan closed-end funds. Through the mergers, a wholly-owned subsidiary of JFR acquired approximately all of the assets and liabilities of NSL, JRO, and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nuveen-floating-rate-income-fund-announces-completion-of-mergers-and-distribution-increase\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Nuveen Floating Rate Income Fund Announces Completion of Mergers and Distribution Increase&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-773698","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Nuveen Floating Rate Income Fund Announces Completion of Mergers and Distribution Increase - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nuveen-floating-rate-income-fund-announces-completion-of-mergers-and-distribution-increase\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nuveen Floating Rate Income Fund Announces Completion of Mergers and Distribution Increase - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Nuveen Floating Rate Income Fund Announces Completion of Mergers and Distribution Increase Fund merger results in the largest listed senior loan closed-end fund Monthly distribution increased by 14% NEW YORK&#8211;(BUSINESS WIRE)&#8211; The mergers of Nuveen Senior Income Fund (NYSE: NSL), Nuveen Floating Rate Income Opportunity Fund (NYSE: JRO), and Nuveen Short Duration Credit Opportunities Fund (NYSE: JSD) into Nuveen Floating Rate Income Fund (NYSE: JFR) were successfully completed prior to the opening of the New York Stock Exchange on July 31, 2023. The fund\u2019s newly consolidated portfolio contains approximately $2 billion in investments\u2014the largest among listed senior loan closed-end funds. Through the mergers, a wholly-owned subsidiary of JFR acquired approximately all of the assets and liabilities of NSL, JRO, and &hellip; Continue reading &quot;Nuveen Floating Rate Income Fund Announces Completion of Mergers and Distribution Increase&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/nuveen-floating-rate-income-fund-announces-completion-of-mergers-and-distribution-increase\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-31T12:30:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230731051404r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nuveen-floating-rate-income-fund-announces-completion-of-mergers-and-distribution-increase\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nuveen-floating-rate-income-fund-announces-completion-of-mergers-and-distribution-increase\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Nuveen Floating Rate Income Fund Announces Completion of Mergers and Distribution Increase\",\"datePublished\":\"2023-07-31T12:30:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nuveen-floating-rate-income-fund-announces-completion-of-mergers-and-distribution-increase\\\/\"},\"wordCount\":884,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nuveen-floating-rate-income-fund-announces-completion-of-mergers-and-distribution-increase\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230731051404r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nuveen-floating-rate-income-fund-announces-completion-of-mergers-and-distribution-increase\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nuveen-floating-rate-income-fund-announces-completion-of-mergers-and-distribution-increase\\\/\",\"name\":\"Nuveen Floating Rate Income Fund Announces Completion of Mergers and Distribution Increase - 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The fund\u2019s newly consolidated portfolio contains approximately $2 billion in investments\u2014the largest among listed senior loan closed-end funds. 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