Is Nuveen Floating Rate Income Fund overvalued?

Nuveen Floating Rate Income Fund (JFR) looks undervalued — trading about 73% below its fair value.

Undervalued

Price

$7.70

Fair value

$13.29

Current P/E

8.0

Normal P/E

13.9

Market cap

$1.03B

Dividend yield

10.6%

Return on equity

7.3%

Sector

Financial Services

Fair value compares JFR's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 1 Jul 2026.

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