Shares of Nuveen Senior Income Fund (NYSE:NSL) traded at a new 52-week high today of $5.96. Approximately 118,000 shares have changed hands today, as compared to an average 30-day volume of 314,000 shares.
Potential upside of 299.3% exists for Nuveen Senior Income Fund, based on a current level of $5.92 and analysts’ average consensus price target of $23.62.
Nuveen Senior Income Fund is a diversified closed-end investment company. Its investment objective is to achieve a high level of current income, consistent with capital preservation. The fund invests primarily in adjustable rate U.S. dollar-denominated secured Senior Loans.
Over the past year, Nuveen Senior Income Fund has traded in a range of $4.59 to $5.96 and is now at $5.92, 29% above that low.
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