Nuveen Floating Rate Income Opportnty Fd (NYSE:JRO) insider Scott C. Caraher sold 7,611 shares of the business’s stock in a transaction that occurred on Thursday, July 13th. The shares were sold at an average price of $11.67, for a total value of $88,820.37. Following the completion of the sale, the insider now owns 39,800 shares of the company’s stock, valued at $464,466. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Nuveen Floating Rate Income Opportnty Fd (NYSE JRO) traded down 0.51% during mid-day trading on Monday, hitting $11.62. The stock had a trading volume of 141,937 shares. The stock has a 50-day moving average price of $11.76 and a 200 day moving average price of $12.01. Nuveen Floating Rate Income Opportnty Fd has a 12-month low of $10.32 and a 12-month high of $12.93.

The firm also recently announced a monthly dividend, which will be paid on Tuesday, August 1st. Stockholders of record on Friday, July 14th will be paid a dividend of $0.0705 per share. This represents a $0.85 dividend on an annualized basis and a dividend yield of 7.28%. The ex-dividend date of this dividend is Wednesday, July 12th.

ILLEGAL ACTIVITY NOTICE: “Nuveen Floating Rate Income Opportnty Fd (NYSE:JRO) Insider Scott C. Caraher Sells 7,611 Shares” was originally reported by American Banking News and is owned by of American Banking News. If you are viewing this piece of content on another publication, it was illegally stolen and republished in violation of international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/07/17/nuveen-floating-rate-income-opportnty-fd-nysejro-insider-scott-c-caraher-sells-7611-shares.html.

Nuveen Floating Rate Income Opportnty Fd Company Profile

Nuveen Floating Rate Income Opportunity Fund is a diversified closed-end management investment company. The Fund’s investment objective is to achieve a high level of current income. The Fund invests approximately 80% of its managed assets in adjustable rate loans, primarily secured senior loans. As part of the 80% requirement, the Fund also may invest in unsecured senior loans and secured and unsecured subordinated loans.

Receive News & Ratings for Nuveen Floating Rate Income Opportnty Fd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Floating Rate Income Opportnty Fd and related companies with MarketBeat.com's FREE daily email newsletter.