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.

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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.

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