Nuveen Floating Rate Income Opportnty Fd (JRO) Insider William J. Schneider Purchases 8,600 Shares
Nuveen Floating Rate Income Opportnty Fd (NYSE:JRO) insider William J. Schneider acquired 8,600 shares of the stock in a transaction that occurred on Friday, June 30th. The stock was acquired at an average cost of $11.55 per share, for a total transaction of $99,330.00. Following the completion of the transaction, the insider now directly owns 47,400 shares in the company, valued at approximately $547,470. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Nuveen Floating Rate Income Opportnty Fd (NYSE JRO) traded down 0.903% during trading on Thursday, reaching $11.525. The company had a trading volume of 62,274 shares. Nuveen Floating Rate Income Opportnty Fd has a 12-month low of $10.25 and a 12-month high of $12.93. The stock has a 50 day moving average of $11.76 and a 200-day moving average of $12.01.
The company also recently declared a monthly dividend, which will be paid on Tuesday, August 1st. Shareholders of record on Friday, July 14th will be issued a $0.0705 dividend. This represents a $0.85 annualized dividend and a yield of 7.27%. The ex-dividend date of this dividend is Wednesday, July 12th.
TRADEMARK VIOLATION NOTICE: “Nuveen Floating Rate Income Opportnty Fd (JRO) Insider William J. Schneider Purchases 8,600 Shares” was posted by Watch List News and is owned by of Watch List News. If you are viewing this story on another site, it was copied illegally and republished in violation of US and international trademark & copyright law. The correct version of this story can be read at https://www.watchlistnews.com/nuveen-floating-rate-income-opportnty-fd-jro-insider-william-j-schneider-purchases-8600-shares/1418924.html.
Nuveen Floating Rate Income Opportnty Fd Company Profile
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.
Receive News & Ratings for Nuveen Floating Rate Income Opportnty Fd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Floating Rate Income Opportnty Fd and related companies with Analyst Ratings Network's FREE daily email newsletter.