NFRAX Performance — Nuveen Floating Rate Income Fund, Class A
Data updated: 2026-07-24
NFRAX returned +1.85% year to date and +5.64% over one year to May 2026. Annualised returns are +8.32% over 3 years and +5.72% over 5 years. Against its Ultrashort Corporate Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $127, against $124 for the category, and to $106 over one year, against $107. Volatility over the past three years was 1.82% a year. In the 12 months to May 2026 the fund took in a net $500.6M, and assets reached $2.02B.
NFRAX Growth of $100
What $100 invested in Nuveen Floating Rate Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Ultrashort Corporate Bond category average over the same months.
| Period | NFRAX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $106 | $107 |
| 3 years (Jun 2023 – May 2026) | $127 | $124 |
| 5 years (Jun 2021 – May 2026) | $132 | $126 |
| Since data start (Jul 2019 – May 2026) | $143 | $135 |
NFRAX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.85% |
| 1 year | +5.64% |
| 3 years (annualised) | +8.32% |
| 5 years (annualised) | +5.72% |
NFRAX Annual Returns
Calendar-year total returns of Nuveen Floating Rate Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.85% |
| 2025 | +5.82% |
| 2024 | +9.48% |
| 2023 | +10.98% |
| 2022 | −1.84% |
| 2021 | +6.77% |
| 2020 | +1.64% |
| 2019 (Jul–Dec) | +2.40% |
NFRAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.0% | −0.5% | +0.5% | +1.2% | +0.6% | — | — | — | — | — | — | — |
| 2025 | +0.6% | +0.1% | −0.4% | +0.1% | +1.6% | +0.8% | +0.6% | +0.4% | +0.6% | +0.3% | +0.4% | +0.6% |
| 2024 | +0.8% | +1.0% | +1.0% | +0.4% | +1.0% | +0.5% | +0.8% | +0.8% | +0.5% | +0.8% | +1.1% | +0.5% |
| 2023 | +2.4% | +0.5% | 0.0% | +0.5% | −0.3% | +1.7% | +0.9% | +1.2% | +0.7% | −0.2% | +1.5% | +1.7% |
| 2022 | −0.1% | −0.4% | +0.2% | −0.3% | −2.2% | −2.7% | +2.5% | +1.0% | −2.1% | +1.2% | +1.2% | +0.1% |
| 2021 | +1.2% | +0.9% | +0.4% | +0.6% | +0.7% | +0.8% | −0.2% | +1.2% | +0.3% | +0.2% | −0.4% | +0.7% |
| 2020 | +0.4% | −1.7% | −11.1% | +2.9% | +2.5% | +1.2% | +1.9% | +1.1% | +0.2% | +0.2% | +2.7% | +2.2% |
| 2019 | — | — | — | — | — | — | +0.5% | −0.3% | +0.5% | −0.6% | +0.5% | +1.6% |
NFRAX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 1.82%
- 3-year Sharpe ratio: 2.10 (vs 4.5% risk-free rate)
- Best month: +1.72% (Dec 2023)
- Worst month: −0.49% (Feb 2026)
NFRAX Fund Flows
Monthly money in and out of Nuveen Floating Rate Income Fund, from SEC Form N-PORT.
- 12-month net flow: $500.6M
- 12-month gross sales (incl. reinvestments): $1.3B
- Sales ÷ redemptions: 1.62×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $91.9M | $40.8M | $51.0M |
| Apr 2026 | $62.8M | $64.7M | −$1.9M |
| Mar 2026 | $56.9M | $100.0M | −$43.2M |
| Feb 2026 | $69.1M | $90.1M | −$20.9M |
| Jan 2026 | $59.2M | $45.5M | $13.7M |
| Dec 2025 | $75.1M | $68.4M | $6.7M |
| Nov 2025 | $97.3M | $57.3M | $40.0M |
| Oct 2025 | $563.4M | $166.5M | $396.9M |
| Sep 2025 | $68.4M | $51.4M | $16.9M |
| Aug 2025 | $49.8M | $51.2M | −$1.4M |
| Jul 2025 | $52.4M | $40.9M | $11.6M |
| Jun 2025 | $61.8M | $30.6M | $31.2M |
NFRAX Assets Under Management
Net assets of Nuveen Floating Rate Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $2.02B |
| 2026-02-28 | $2.00B |
| 2025-11-30 | $2.03B |
| 2025-08-31 | $1.59B |
| 2025-05-31 | $1.55B |
| 2025-02-28 | $1.66B |
| 2024-11-30 | $1.52B |
| 2024-08-31 | $1.52B |
| 2024-05-31 | $1.61B |
| 2024-02-29 | $1.52B |
| 2023-11-30 | $1.53B |
| 2023-08-31 | $1.53B |
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.