NFRAX : Nuveen Symphony Floating Rate Income Fund Class A

NFRAX is a Bond Market High Yield Bond with HIGH fees.

NFRAX

Nuveen Symphony Floating Rate Income Fund Class A

FI Score

35 /100

Expense Ratio Rating

4 /10

Expense Rating

0 /10

Market Score

6 /10

Category Score

0 /10

Market Size

6 /10

35% FI Score
  • nfrax
  • Mutual Fund
  • Bond
  • High Yield Bond

Nuveen Symphony Floating Rate Income Fund Class A

Expenses: 1.00% (Better than 0% of similar funds)

This is a bad choice for a High Yield Bond Bond fund. See why ยป

Fund Summary

The investment seeks a high level of current income; capital appreciation is a secondary consideration. Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in floating rate securities. Floating rate securities are defined to include floating rate loans, other floating rate debt securities including corporate debt securities and U.S. government securities, money market securities and shares of money market and short-term bond funds.

Largest Holdings

Amount Holding
1.57% IHEARTCOMMUNICATIONS INC 2020 TERM LOAN
1.37% INTELSAT JACKSON HOLDINGS S.A. 2017 TL
1.35% Pacific Gas and Electric Company 6.05%
1.28% CENTURYLINK INC 2020 TERM LOAN B
1.26% ALTICE FRANCE S.A 5.22%
1.19% CLEAR CHANNEL OUTDOOR TERM LOAN B
1.17% SEATTLE SPINCO TL B3 1L
1.15% STARS GROUP HOLDINGS BV TERM LOAN B
1.15% DELTA 2 (LUX) S.A.R.L. TERM LOAN B
1.07% DELL INTERNATIONAL LLC 2019 TERM LOAN B
1.06% 1011778 BC ULC TERM LOAN B
1.06% CAESARS ENTERTAINMENT OP COMP EXIT TERM
1.00% INFOR US INC TL B6 1L
0.99% ALTICE US FINANCE I CORP TERM LOAN B3
0.98% AVAYA INC TERM LOAN B
0.98% CENGAGE LEARNING ACQ. INC. 2016 TL B 1L
0.96% GENTIVA HEALTH SERVICES TERM LOAN
0.93% LIFE TIME FITNESS TL B 1L
0.92% CAESARS RESORT COLLECTION LLC 2017 1ST
0.87% CITYCENTER HLDGS LLC 2017 TL B 1L
0.86% Bausch Health Companies Inc 6.12%
0.84% REYNOLDS GROUP HOLDINGS INC TL 1L
0.83% iHeartCommunications Inc 8.38%
0.83% ENVISION HEALTHCARE CORP 1ST LIEN TL
0.79% Bausch Health Companies Inc 9%

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