Form 4: Nuveen Floating Rate Income Fund: Portfolio Manager Scott C. Caraher Reports Acquisition of Common Stock
SEC Form 4 Filing
Portfolio Manager Scott C. Caraher reports the acquisition of 5,000 shares of Nuveen Floating Rate Income Fund common stock on April 9, 2025.
Summary
- On April 9, 2025, Scott C. Caraher, a Portfolio Manager at Nuveen Floating Rate Income Fund, acquired 5,000 shares of common stock.
- The shares were purchased at a price of $7.9485 per share.
- Following the transaction, Caraher directly owns 45,440 shares of the company's common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock purchase by a portfolio manager. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders of a company, such as officers or directors, trade the company's stock. These filings provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence, as it indicates that a portfolio manager is investing in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 2011-05-17 | Date of Power of Attorney execution. |
| 2025-04-09 | Date of transaction: Scott C. Caraher acquired common stock. |
| 2025-04-10 | Date of report. |
Keywords
Form 4, Beneficial Ownership, Nuveen Floating Rate Income Fund, JFR, Scott C. Caraher, Portfolio Manager, Common Stock, Acquisition
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