Nuveen Floating Rate Income Opportunity Fund Data Now Available
April 01 2008 - 4:30PM
Business Wire
Nuveen Investments, a leading provider of diversified investment
services, today announced that the latest fund data for the Nuveen
Floating Rate Income Opportunity Fund (NYSE:JRO) is now available.
The information is posted on Nuveen�s web site at
http://www.nuveen.com/ETF/products/fqf.aspx?fundid=JRO. For further
information, call 800-257-8787 or write to Nuveen Investments, 333
W. Wacker Drive, Chicago, IL 60606. Standard information available
for Nuveen closed-end funds includes pricing, performance, share
price, NAV, premium/discount history, distribution history and
expense ratios. Additional information is also available and
updated regularly, including: Quarterly Portfolio Holdings: A
complete list of the individual securities held in a fund�s
portfolio. This information is updated quarterly. Earnings Per
Share: Average monthly earnings per common share for each fund,
calculated using actual earnings over the previous three months.
Declared Distributions: The most recent previously declared monthly
distribution per common share. UNII Balance: Average undistributed
net investment income balance per common share, calculated using
the month-end balances of each of the previous three months. About
Nuveen Investments Nuveen Investments provides high-quality
investment services designed to help secure the long-term goals of
institutions and high-net-worth investors as well as the
consultants and financial advisors who serve them. Nuveen
Investments markets its growing range of specialized investment
solutions under the high-quality brands of NWQ, Santa Barbara,
Tradewinds, Rittenhouse, Symphony and Nuveen, including the Nuveen
HydePark Group. In total, the Company managed $164 billion in
assets as of December 31, 2007. About Nuveen Closed-End Funds
Nuveen funds strive to provide dependable distributions over time.
Generally, there will be a close relationship between what a fund
earns (net of expenses) and what it pays in distributions. However,
since net earnings rates will fluctuate from month to month while
distributions tend to remain relatively stable, there will be
periods when a fund may modestly overearn or underearn its
distribution. This results in additions to or draws from the fund�s
undistributed net investment income (UNII) balance. Just as
earnings rates may vary, the appropriate UNII balance for each fund
may vary over time because of fund activity or market factors. Fund
management looks at a fund�s current and anticipated net earnings
rates, as well as the fund�s current and desired amounts of UNII,
when setting distributions. More details about the estimated
composition of the distributions of Nuveen taxable funds are also
available on www.nuveen.com/cef.
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