Is Nuveen Floating Rate Income Fund financially healthy?
Not really
Nuveen Floating Rate Income Fund carries heavy debt: it would take 14.7 years of earnings to pay it off.
The numbers behind it
Net debt / EBITDA14.7 years
Cash vs. debt$2M vs. $477M
Interest coverage6.1×How many times operating profit covers the interest bill
How we decide
We measure debt in years of earnings (net debt / EBITDA): under 1 is very comfortable, 1 to 3 is manageable, above 3 is heavy. A company that earns less than 3 times its interest bill also counts as weak.
More questions about Nuveen Floating Rate Income Fund
Data as of Nov 13, 2026.