Nuveen Floating Rate Income Fund vs ProAssurance

Nuveen Floating Rate Income Fund vs ProAssurance compares business models, financial performance, and market context for the two organisations. This page presents neutral, accessible analysis of operations, strategy, and market factors to help readers understand similarities and differences without endorsements. Educational content, not financial advice.

Comparison Snapshot

Key Financial Metrics

JFR

Metric

PRA

$1.27B

Market Cap

$1.24B

N/A

Potential Profit

3.31%

N/A

Analyst Rating

Hold

Investment Analysis

Nuveen Floating Rate Income Fund

JFR

Pros

The fund focuses on adjustable-rate senior loans, which can provide income that adjusts with interest rate changes, helping reduce interest rate risk.
Strong historical risk-adjusted returns with positive total returns over 1, 5, and 10 years, outpacing relevant bond indices over certain periods.
Managed by experienced professionals at Nuveen Fund Advisors with a diversified portfolio across multiple economic sectors.

Considerations

The reliance on below investment grade loans increases credit risk, potentially leading to higher default rates in economic downturns.
Distributions may include return of capital and capital gains, which can reduce the fund’s net asset value and complicate tax considerations.
Use of leverage can amplify both gains and losses, increasing overall volatility and risk especially in adverse market conditions.

ProAssurance

PRA

Pros

ProAssurance is a specialist insurer with a strong focus on medical professional liability, benefiting from expertise in a niche market with high barriers to entry.
Consistent underwriting discipline has historically contributed to stable profitability and controlled loss ratios.
The company has a solid capital position, supporting growth opportunities and regulatory capital requirements.

Considerations

Exposure to medical malpractice insurance markets subjects the company to long-tail liabilities and potential adverse claim development.
Regulatory changes and tort reform efforts could create uncertainty in pricing and claim settlements.
The insurance industry’s cyclicality and sensitivity to economic downturns could negatively affect premium growth and investment income.

About The Companies

Nuveen Floating Rate Income Fund (JFR)

The Nuveen Floating Rate Income Fund (JFR) is a type of investment known as a closed-end fund. Its main objective is to generate a high level of current income. To do this, it primarily invests in senior loans, which are a form of corporate debt. These loans are 'floating rate', meaning the interest they pay can adjust over time, often in line with broader market interest rates. The fund focuses heavily on 'secured' senior loans, which are backed by specific company assets, and also invests in some high-quality unsecured loans. It may also hold a smaller portion of its assets in other types of debt securities. As with any investment, it's important to remember that the value of the fund can go down as well as up, and past performance is not a reliable indicator of future results. The fund is managed by Nuveen Fund Advisors, LLC.

ProAssurance (PRA)

ProAssurance Corporation (PRA) is a US-focused specialty insurer best known for medical professional liability coverage for physicians, surgeons, and healthcare institutions. With a market capitalisation near $1.24bn, the company’s performance reflects underwriting results, claims development and investment income from its float. Key issues for investors include claims frequency and severity, reserve adequacy, and sensitivity to legal and regulatory environments that affect malpractice payouts. Earnings can be cyclical: underwriting profitability may improve in benign claim years but can reverse if loss trends worsen. The balance sheet and capital position, including reinsurance programme strength, are central to assessing resilience. For long-term investors, consider how management steers underwriting discipline, reserves and expense control alongside investment returns. This summary is educational only and not financial advice; stock values can rise or fall and past performance is no guarantee of future results. Consult a qualified adviser for decisions tailored to your circumstances.

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Trusted & Regulated

Part of Exinity Group 2015, serving over a million customers globally.

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6% Interest on Cash

Earn 6% AER on uninvested cash with daily interest payments.

Nuveen Floating Rate Income Fund vs ProAssurance

Comparison Snapshot

Investment Analysis

Nuveen Floating Rate Income Fund

Pros

Considerations

ProAssurance

Pros

Considerations

About The Companies

Which Baskets Do They Appear In?

Which Baskets Do They Appear In?

Buy JFR or PRA in Nemo

Zero Commission

Trusted & Regulated

6% Interest on Cash

Discover More Comparisons

Nuveen Floating Rate Income Fund vs Prospect Capital

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Nuveen Floating Rate Income Fund vs Root

Frequently asked questions

Comparison Snapshot

About The Companies

Nuveen Floating Rate Income Fund vs ProAssurance

Comparison Snapshot

Investment Analysis

Nuveen Floating Rate Income Fund

Pros

Considerations

ProAssurance

Pros

Considerations

About The Companies

Which Baskets Do They Appear In?

Which Baskets Do They Appear In?

Buy JFR or PRA in Nemo

Zero Commission

Trusted & Regulated

6% Interest on Cash

Discover More Comparisons

Nuveen Floating Rate Income Fund vs Prospect Capital

Nuveen Floating Rate Income Fund vs Guild Holdings

Nuveen Floating Rate Income Fund vs Root

Frequently asked questions

What is the basic difference between a fund like Nuveen Floating Rate Income Fund and a company like ProAssurance in terms of business model?

How do risk profiles differ between a floating‑rate loan fund and an insurance company?

What does it mean when a fund’s distributions include return of capital?

In what ways can leverage affect performance for Nuveen Floating Rate Income Fund?

What makes ProAssurance’ underwriting discipline relevant to its financial performance?

How could regulatory changes impact the two organisations differently?

What market factors influence the performance of a floating‑rate loan fund versus an insurer?

How does the historical performance of each organisation inform investor expectations?

What should a reader look for when comparing these two organisations’ financial statements?

Is there a single metric that best compares these two organisations?

Educational disclaimer: how should a reader interpret these analyses without professional advice?

Comparison Snapshot

About The Companies