Nuveen Floating Rate Income Fund (JFR) Competitors

$8.76
-0.02 (-0.23%)
(As of 05/17/2024 08:53 PM ET)

JFR vs. AGD, AWP, THQ, ACP, THW, AVK, AFB, FINS, AFT, and AIF

Should you be buying Nuveen Floating Rate Income Fund stock or one of its competitors? The main competitors of Nuveen Floating Rate Income Fund include Abrdn Global Dynamic Dividend Fund (AGD), abrdn Global Premier Properties Fund (AWP), Abrdn Healthcare Opportunities Fund (THQ), Abrdn Income Credit Strategies Fund (ACP), Abrdn World Healthcare Fund (THW), Advent Convertible and Income Fund (AVK), AllianceBernstein National Municipal Income Fund (AFB), Angel Oak Financial Strategies Income Term Trust (FINS), Apollo Senior Floating Rate Fund (AFT), and Apollo Tactical Income Fund (AIF). These companies are all part of the "asset management" industry.

Nuveen Floating Rate Income Fund vs.

Abrdn Global Dynamic Dividend Fund (NYSE:AGD) and Nuveen Floating Rate Income Fund (NYSE:JFR) are both financial services companies, but which is the better investment? We will compare the two companies based on the strength of their risk, institutional ownership, analyst recommendations, media sentiment, earnings, profitability, valuation, dividends and community ranking.

Abrdn Global Dynamic Dividend Fund pays an annual dividend of $0.78 per share and has a dividend yield of 8.0%. Nuveen Floating Rate Income Fund pays an annual dividend of $0.99 per share and has a dividend yield of 11.3%. Nuveen Floating Rate Income Fund has raised its dividend for 3 consecutive years. Nuveen Floating Rate Income Fund is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Abrdn Global Dynamic Dividend Fund$9.11MN/AN/AN/AN/A
Nuveen Floating Rate Income Fund$103.98MN/AN/AN/AN/A

Company Net Margins Return on Equity Return on Assets
Abrdn Global Dynamic Dividend FundN/A N/A N/A
Nuveen Floating Rate Income Fund N/A N/A N/A

Nuveen Floating Rate Income Fund received 6 more outperform votes than Abrdn Global Dynamic Dividend Fund when rated by MarketBeat users. Likewise, 66.67% of users gave Nuveen Floating Rate Income Fund an outperform vote while only 62.79% of users gave Abrdn Global Dynamic Dividend Fund an outperform vote.

CompanyUnderperformOutperform
Abrdn Global Dynamic Dividend FundOutperform Votes
108
62.79%
Underperform Votes
64
37.21%
Nuveen Floating Rate Income FundOutperform Votes
114
66.67%
Underperform Votes
57
33.33%

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Abrdn Global Dynamic Dividend Fund
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Nuveen Floating Rate Income Fund
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

In the previous week, Abrdn Global Dynamic Dividend Fund's average media sentiment score of 0.98 beat Nuveen Floating Rate Income Fund's score of 0.00 indicating that Nuveen Floating Rate Income Fund is being referred to more favorably in the news media.

Company Overall Sentiment
Abrdn Global Dynamic Dividend Fund Neutral
Nuveen Floating Rate Income Fund Positive

Summary

Nuveen Floating Rate Income Fund beats Abrdn Global Dynamic Dividend Fund on 6 of the 6 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding JFR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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JFR vs. The Competition

MetricNuveen Floating Rate Income FundAsset Management IndustryFinancial SectorNYSE Exchange
Market CapN/A$889.28M$3.15B$18.08B
Dividend Yield0.07%5.16%4.50%3.44%
P/E RatioN/A975.39463.2626.21
Price / SalesN/A1,827.992,091.4010.64
Price / CashN/A60.7750.5819.24
Price / BookN/A1.321.566.00
Net IncomeN/A$52.21M$339.73M$966.17M
7 Day Performance0.23%0.57%0.86%1.85%
1 Month Performance2.16%3.99%16.63%6.59%
1 Year Performance10.89%5.87%16.98%23.69%

Nuveen Floating Rate Income Fund Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AGD
Abrdn Global Dynamic Dividend Fund
0 of 5 stars
$9.69
+0.3%
N/A+4.9%$0.00$9.11M0.00N/A
AWP
abrdn Global Premier Properties Fund
0 of 5 stars
$3.83
-0.5%
N/A+4.0%$0.00$-15,470,480.000.00N/ANews Coverage
THQ
Abrdn Healthcare Opportunities Fund
0 of 5 stars
$20.38
+0.4%
N/A+10.6%$0.00$54.68M0.00N/A
ACP
Abrdn Income Credit Strategies Fund
0 of 5 stars
$6.85
+1.2%
N/A+4.8%$0.00$31.54M0.00N/ANews Coverage
THW
Abrdn World Healthcare Fund
0 of 5 stars
$12.95
+0.2%
N/A-7.9%$0.00$39.01M0.00N/ANegative News
AVK
Advent Convertible and Income Fund
0 of 5 stars
$12.01
-0.7%
N/A+4.7%$0.00$-3,531,300.000.00N/AEx-Dividend
Positive News
AFB
AllianceBernstein National Municipal Income Fund
0 of 5 stars
$10.84
-0.3%
N/A+4.6%$0.00$-812,101.000.00N/AInsider Buying
News Coverage
FINS
Angel Oak Financial Strategies Income Term Trust
0 of 5 stars
$12.47
-0.3%
N/A+6.6%$0.00$8.53M0.00N/APositive News
AFT
Apollo Senior Floating Rate Fund
0 of 5 stars
$14.78
+1.0%
N/A+19.5%$0.00$38.20M0.00N/ADividend Announcement
AIF
Apollo Tactical Income Fund
2.713 of 5 stars
$14.67
+0.5%
$52.50
+257.9%
+19.7%$0.00$36.81M0.00N/ADividend Announcement

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This page (NYSE:JFR) was last updated on 5/20/2024 by MarketBeat.com Staff

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