JFR (Nuveen Floating Rateome Fund) Scaled Net Operating Assets: 0.81 (As of Jan. 2026)


JFR Nuveen Floating Rate Income Fund JFR
41 GF Score
Price $7.65
GF Value $4.79
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Nuveen Floating Rateome Fund Scaled Net Operating Assets?

Nuveen Floating Rateome Fund JFR +0.53% 41 Scaled Net Operating Assets is 0.81 as of Jan. 2026. GuruFocus rates JFR with a GF Score™ of 41/100 and a GF Value™ of $4.79 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Nuveen Floating Rateome Fund's operating assets for the quarter that ended in Jan. 2026 was $2,357.27 Mil. Nuveen Floating Rateome Fund's operating liabilities for the quarter that ended in Jan. 2026 was $474.13 Mil. Nuveen Floating Rateome Fund's Total Assets for the quarter that ended in Jul. 2025 was $2,315.41 Mil. Therefore, Nuveen Floating Rateome Fund's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2026 was 0.81.

JFR
41GF Score
Nuveen Floating Rate Income Fund JFR
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen Floating Rateome Fund Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Nuveen Floating Rateome Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jul. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jul. 2025 )
=(Operating Assets (A: Jul. 2025 )-Operating Liabilities (A: Jul. 2025 ))/Total Assets (A: Jul. 2024 )
=(2310.939-374.877)/2066.47
=0.94

where

Operating Assets(A: Jul. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2315.406 - 4.467
=2310.939

Operating Liabilities(A: Jul. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=894.902 - 520.025 - 0
=374.877

Nuveen Floating Rateome Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2026 )
=(Operating Assets (Q: Jan. 2026 )-Operating Liabilities (Q: Jan. 2026 ))/Total Assets (Q: Jul. 2025 )
=(2357.271-474.132)/2315.406
=0.81

where

Operating Assets(Q: Jan. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2366.645 - 9.374
=2357.271

Operating Liabilities(Q: Jan. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=995.55 - 521.418 - 0
=474.132

* 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.

What does a Scaled Net Operating Assets of 0.81 mean?
Nuveen Floating Rateome Fund (JFR) has a Scaled Net Operating Assets of 0.81 as of Jan. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Nuveen Floating Rateome Fund and its competitors.
Is Nuveen Floating Rateome Fund's Scaled Net Operating Assets too high?
Nuveen Floating Rateome Fund's current Scaled Net Operating Assets is 0.81. Overall, Nuveen Floating Rateome Fund has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nuveen Floating Rateome Fund's Scaled Net Operating Assets compare to EOS and PSEC?
Nuveen Floating Rateome Fund's Scaled Net Operating Assets of 0.81 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Nuveen Floating Rateome Fund and its competitors. Nuveen Floating Rateome Fund's current Scaled Net Operating Assets is 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Floating Rateome Fund stock overvalued right now?
Based on GuruFocus' analysis, Nuveen Floating Rateome Fund (JFR) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.79, compared to a current price of $7.65 — trading 59.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.81. Nuveen Floating Rateome Fund's overall GF Score™ is 41/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Nuveen Floating Rateome Fund (JFR), the current Scaled Net Operating Assets is 0.81 as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nuveen Floating Rateome Fund (JFR) Overvalued in 2026?

Based on GuruFocus' analysis, Nuveen Floating Rateome Fund stock appears to be overvalued. The current stock price of $7.65 is trading 59.7% above its estimated GF Value™ of $4.79. GuruFocus considers Nuveen Floating Rateome Fund to be Significantly Overvalued.

Key valuation signals for JFR:

  • Scaled Net Operating Assets: 0.81
  • GF Value™: $4.79 vs. price of $7.65 (59.7% above fair value)
  • GF Score™: 41/100 with 5 warning signs

No single metric tells the full story. See the JFR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nuveen Floating Rateome Fund Business Description

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. The fund invests a majority of its managed assets in secured Senior Loans and unsecured Senior Loans, with an average duration of one year or less, in which unsecured Senior Loans will be, at the time of investment, investment grade quality.
41GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.65
Price
$4.79
GF Value