NFFCX Fees and Costs — Nuveen Floating Rate Income Fund, Class C
Data updated: 2026-07-24
The net expense ratio is 1.75%. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2024 the fund paid $4K in broker commissions, 0.0002% of average net assets, and portfolio turnover was 49%.
NFFCX Fees and Expenses
Annual operating expenses and sales charges of NFFCX. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.57% |
| 12b-1 fee | 1.00% |
| Other expenses | — |
| Gross expense ratio | 1.75% |
| Fee waiver | — |
| Net expense ratio | 1.75% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
NFFCX Costs Over Time
On $10,000 invested in NFFCX, assuming 5% a year before costs, total costs come to $1,078 over 5 years, cutting the return by 1.84% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $103 | $0 | $0 |
| Fund expenses (net expense ratio 1.75%) | $184 | $569 | $979 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $28 | $100 |
| Total costs | $287 | $597 | $1,078 |
| Value after costs | $10,213 | $10,979 | $11,684 |
| Impact on return, per year | 2.87% | 1.84% | 1.84% |
NFFCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0002%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $1.2B
- Portfolio turnover (prospectus): 49%
- Securities on loan, average value: $4.2M
- Net income from securities lending: $35K (0.002% of average net assets)
NFFCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $2K | 47.72% |
| Bank of America, National Association | $1K | 34.19% |
| Wells Fargo Securities, LLC | $505 | 14.38% |
| Morgan Stanley | $130 | 3.70% |
NFFCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMorgan Securities LLC | $260.5M | 24.42% |
| Goldman Sachs & Co. LLC | $178.8M | 16.76% |
| Bank of America, National Association | $131.2M | 12.30% |
| Barclays Capital Inc. | $121.1M | 11.35% |
| Morgan Stanley | $102.0M | 9.56% |
| Wells Fargo Securities, LLC | $75.5M | 7.07% |
| Jefferies LLC | $54.9M | 5.14% |
| RBC Capital Markets, LLC | $53.7M | 5.04% |
| Deutsche Bank Securities Inc. | $45.7M | 4.28% |
| Citigroup | $43.5M | 4.08% |
Nuveen Floating Rate Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| NFRFX | Class R6 | 0.68% | none |
| NFRIX | Class I | 0.75% | none |
| NFRAX | Class A | 1.00% | 3.00% |
| NFFCX | Class C | 1.75% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.