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Nuveen Floating Rateome Fund (Nuveen Floating Rateome Fund) Net Margin %

: 97.42% (As of Jan. 2024)
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Net margin is calculated as Net Income divided by its Revenue. Nuveen Floating Rateome Fund's Net Income for the six months ended in Jan. 2024 was $85.3 Mil. Nuveen Floating Rateome Fund's Revenue for the six months ended in Jan. 2024 was $87.5 Mil. Therefore, Nuveen Floating Rateome Fund's net margin for the quarter that ended in Jan. 2024 was 97.42%.

The historical rank and industry rank for Nuveen Floating Rateome Fund's Net Margin % or its related term are showing as below:

JFR' s Net Margin % Range Over the Past 10 Years
Min: 94.77   Med: 98.4   Max: 112.32
Current: 96.8


JFR's Net Margin % is ranked better than
67.07% of 1670 companies
in the Asset Management industry
Industry Median: 86.315 vs JFR: 96.80

Nuveen Floating Rateome Fund Net Margin % Historical Data

The historical data trend for Nuveen Floating Rateome Fund's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nuveen Floating Rateome Fund Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Net Margin %
Premium Member Only Premium Member Only 95.85 101.14 98.40 112.32 94.77

Nuveen Floating Rateome Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 96.09 102.23 95.80 93.51 97.42

Competitive Comparison

For the Asset Management subindustry, Nuveen Floating Rateome Fund's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nuveen Floating Rateome Fund Net Margin % Distribution

For the Asset Management industry and Financial Services sector, Nuveen Floating Rateome Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where Nuveen Floating Rateome Fund's Net Margin % falls into.



Nuveen Floating Rateome Fund Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Nuveen Floating Rateome Fund's Net Margin for the fiscal year that ended in Jul. 2023 is calculated as

Net Margin=Net Income (A: Jul. 2023 )/Revenue (A: Jul. 2023 )
=34.841/36.762
=94.77 %

Nuveen Floating Rateome Fund's Net Margin for the quarter that ended in Jan. 2024 is calculated as

Net Margin=Net Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=85.263/87.522
=97.42 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nuveen Floating Rateome Fund  (NYSE:JFR) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Nuveen Floating Rateome Fund Net Margin % Related Terms

Thank you for viewing the detailed overview of Nuveen Floating Rateome Fund's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Nuveen Floating Rateome Fund (Nuveen Floating Rateome Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Floating Rate Income Fund is a diversified closed-end management investment company. Its investment objective is to achieve a high level of current income, consistent with the preservation of capital. It invests in adjustable-rate U.S. dollar-denominated secured Senior Loans.
Executives
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Nathaniel T. Jones officer: Vice President and Treasurer C/O NUVEEN 333 W. WACKER DRIVE, STE 3400, CHICAGO IL 60606
Scott C. Caraher other: Portfolio Manager C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, CHICAGO IL 60606
Albin F Moschner other: Trustee C/O LURIO & ASSOCIATES, P.C., 2005 MARKET STREET, SUITE 3120, PHILADELPHIA PA 19103
Brett Black officer: Chief Compliance Officer 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
John M. Mccann officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Joanne Medero other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Lancellotta Amy B.r. other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Knights Of Columbus 10 percent owner ONE COLUMBUS PLAZA, NEW HAVEN CT 06510
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Deann Morgan officer: Vice President TWO WORLD FINANCIAL CENTER, 7TH FLOOR, NEW YORK NY 10281
Jon Scott Meissner officer: Vice President 333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Jacques M Longerstaey officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brian J Lockhart officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606

Nuveen Floating Rateome Fund (Nuveen Floating Rateome Fund) Headlines

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