Nuveen Floating Rate Income Fund Class R6
Why Is Nuveen Floating Rate Income Fund Class R6 (NFRFX) Stock Down Today?
Live update on NFRFX's stock movement with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.
Summary
The stock opened at $18.08 and has moved between $18.08 and $18.08 so far.
Technically, NFRFX is trading above its 50-day moving average of $17.96 and below its 200-day moving average of $18.20, indicating short-term strength but long-term weakness.
Meyka's AI assigns NFRFX a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of -102.43% in 1 month (-$0.44).
In context, the broader Financial Services sector is down -0.38% today, which may be contributing to the move.
View the full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement.
Stay informed and make better investment decisions.
NFRFX Technical Signals
Trading over 50-day moving average ($17.96)
Trading below 200-day moving average ($18.20)
Sector Context
The Financial Services sector is down -0.38% today, with the Asset Management - Income industry contributing to the decline. This broader context may be weighing on the stock's performance.
Price Forecast
1 Month
$-0.44
1 Year
N/A
3 Years
N/A
5 Years
N/A
Is this change significant?
5-Day:+0.28%
1-Month:-1.82%
3-Month:-2.79%
What's next?
Next earnings date: 7/30/2025