Edgar Filing: NUVEEN FLOATING RATE INCOME FUND

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-21494

Nuveen Floating Rate Income Fund

(Exact name of registrant as specified in charter)

333 West Wacker Drive, Chicago, Illinois 60606

(Address of principal executive offices) (Zip code)

Kevin J. McCarthy—Vice President and Secretary
333 West Wacker Drive, Chicago, Illinois 60606

(Name and address of agent for service)

Registrant’s telephone number, including area code: 312-917-7700

Date of fiscal year end: 7/31

Date of reporting period: 4/30/13

Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

Item 1. Schedule of Investments

	Portfolio of Investments (Unaudited)

	Nuveen Floating Rate Income Fund (JFR)
	April 30, 2013

Principal
Amount (000)		Description (1)	Coupon	Maturity (2)	Ratings (3)	Value
		Variable Rate Senior Loan Interests – 114.5% (80.6% of Total Investments) (4)
		Aerospace & Defense – 0.7% (0.5% of Total Investments)
$	205	Hamilton Sundstrand, Term Loan, First Lien	4.000%	12/13/19	B1	$	206,451
2,024		Beechcraft Holdings LLC, Exit Term Loan B	5.750%	2/15/20	BB-	2,029,712
2,494		Sequa Corporation, Term Loan B	5.250%	6/19/17	B1	2,535,313
4,723		Total Aerospace & Defense				4,771,476
		Airlines – 3.2% (2.3% of Total Investments)
10,973		Delta Air Lines Inc., Term Loan B1	4.250%	10/24/18	Ba2	11,107,944
1,995		Delta Air Lines Inc., Term Loan B2	5.250%	4/24/16	Ba2	2,014,950
8,500		United Airlines Inc., Term Loan B	4.000%	4/01/19	Ba2	8,611,511
21,468		Total Airlines				21,734,405
		Auto Components – 2.4% (1.7% of Total Investments)
8,952		Federal-Mogul Corporation, Tranche B, Term Loan	2.138%	12/29/14	B1	8,505,962
4,992		Federal-Mogul Corporation, Tranche C, Term Loan	2.138%	12/28/15	B1	4,743,454
3,000		FleetPride Corporation, Term Loan, Second Lien	9.250%	5/01/20	CCC+	2,977,500
16,944		Total Auto Components				16,226,916
		Beverages – 0.4% (0.3% of Total Investments)
2,500		Constellation Brands, Inc., Term Loan, WI/DD	TBD	TBD	N/R	2,493,750
		Biotechnology – 1.7% (1.2% of Total Investments)
5,873		Grifols, Inc., Term Loan	4.250%	6/01/17	BB	5,953,663
5,597		Onex Carestream Finance LP, Term Loan	5.000%	2/25/17	BB-	5,647,418
11,470		Total Biotechnology				11,601,081
		Capital Markets – 1.3% (0.9% of Total Investments)
1,700		American Capital, LTD., Senior Secured Term Loan	5.500%	8/15/16	B+	1,728,688
6,874		Walter Investment Management Corporation, Tranche B, Term Loan	5.750%	11/28/17	B+	7,000,395
8,574		Total Capital Markets				8,729,083
		Chemicals – 2.1% (1.5% of Total Investments)
1,493		Houghton International, Inc., U.S. Term Loan, First Lien	5.250%	12/20/19	B1	1,517,375
2,970		Ineos US Finance LLC, Term Loan B	6.500%	5/04/18	B+	3,012,694
2,494		PQ Corporation, Term Loan, First Lien	4.500%	8/07/17	B+	2,526,259
6,952		Univar, Inc., Term Loan	5.000%	6/30/17	B+	7,004,329
13,909		Total Chemicals				14,060,657
		Commercial Services & Supplies – 3.7% (2.6% of Total Investments)
4,167		Aramark Corporation, Term Loan, Tranche D	4.000%	2/20/20	BB-	4,227,413
674		Brand Energy & Infrastructure Services, Inc., Canadian Tranche 1, Term Loan	6.250%	10/23/18	B	684,985
2,500		Brand Energy & Infrastructure Services, Inc., Term Loan, Second Lien	11.000%	10/23/19	CCC+	2,562,500
2,808		Brand Energy & Infrastructure Services, Inc., Term Loan	6.250%	10/23/18	B	2,854,105
2,341		CCS Income Trust, Term Loan, First Lien	6.250%	5/12/18	B2	2,379,005
3,299		Ceridian Corporation, Extended Term Loan	5.949%	5/09/17	B1	3,360,714
3,478		Harland Clarke Holdings Corporation, Term Loan B3, WI/DD	TBD	TBD	B+	3,473,253
990		Houghton Mifflin, Term Loan	7.250%	5/22/18	N/R	998,044
2,322		KAR Auction Services, Inc., Term Loan B	3.750%	5/19/17	BB-	2,356,362
1,965		SourceHov LLC, Term Loan B, First Lien	6.625%	4/28/17	B+	1,969,913
24,544		Total Commercial Services & Supplies				24,866,294
		Communications Equipment – 3.0% (2.1% of Total Investments)
3,243		Alcatel-Lucent, Term Loan C	7.250%	1/29/19	BB-	3,329,642
4,000		Arris Group, Inc., Term Loan B	3.500%	4/17/20	BB-	4,013,124
1,995		CompuCom Systems, Inc., Term Loan, First Lien	6.500%	10/04/18	B+	2,009,131
3,500		CompuCom Systems, Inc., Term Loan, Second Lien	10.250%	10/04/19	B-	3,578,750
2,168		Riverbed Technology, Inc., Term Loan	4.000%	12/18/19	BBB-	2,204,554
5,360		Zayo Group LLC, Term Loan B	4.500%	7/02/19	B1	5,429,007
20,266		Total Communications Equipment				20,564,208
		Computers & Peripherals – 0.4% (0.3% of Total Investments)
2,394		SunGard Data Systems, Inc., Term Loan D	4.500%	1/31/20	BB	2,431,018
		Consumer Finance – 1.2% (0.9% of Total Investments)
969		Jackson Hewitt Tax Service, Inc., Term Loan	10.000%	10/16/17	N/R	959,062
4,757		Royalty Pharma Finance Trust, Incremental Term Loan	4.000%	11/09/18	Baa2	4,802,947
2,428		Springleaf Financial Funding Company, Term Loan	5.500%	5/10/17	B	2,441,708
8,154		Total Consumer Finance				8,203,717
		Containers & Packaging – 0.4% (0.3% of Total Investments)
2,944		Reynolds Group Holdings, Inc., Term Loan	4.750%	9/28/18	B+	2,997,927
		Distributors – 1.5% (1.1% of Total Investments)
9,925		HD Supply, Inc., Term Loan B	4.500%	10/12/17	B+	10,066,124
		Diversified Consumer Services – 1.3% (0.9% of Total Investments)
4,405		Cengage Learning Acquisitions, Inc., Term Loan	2.700%	7/03/14	CCC	3,449,690
1,294		Brickman Group Holdings, Inc., Tranche B1, Term Loan	5.500%	10/14/16	B+	1,309,944
3,940		Laureate Education, Inc., Extended Term Loan	5.250%	6/15/18	B1	3,977,782
9,639		Total Diversified Consumer Services				8,737,416
		Diversified Financial Services – 3.1% (2.2% of Total Investments)
2,874		Citco III Limited, Term Loan B	4.250%	6/29/18	N/R	2,884,605
5,250		Ocwen Financial Corporation, Term Loan B	5.000%	1/23/18	B1	5,345,156
112		Vertrue Inc., Term Loan, First Lien	15.000%	2/04/18	N/R	111,027
12,576		WideOpenWest Finance LLC, Term Loan B	4.750%	4/01/19	B1	12,765,637
20,812		Total Diversified Financial Services				21,106,425
		Diversified Telecommunication Services – 2.0% (1.4% of Total Investments)
3,000		Charter Communications Operating Holdings LLC, Holdco Term Loan	2.698%	3/06/14	BB+	3,014,610
5,765		Intelsat Jackson Holdings, Ltd., Term Loan B1	4.250%	4/02/18	BB-	5,856,123
4,500		Level 3 Financing, Inc., Term Loan, Tranche B	5.250%	8/01/19	Ba2	4,558,500
13,265		Total Diversified Telecommunication Services				13,429,233
		Electric Utilities – 0.5% (0.4% of Total Investments)
4,781		TXU Corporation, 2014 Term Loan	3.731%	10/10/14	B2	3,601,474
		Electronic Equipment & Instruments – 0.7% (0.5% of Total Investments)
5,363		SMART Modular Technologies, Inc., Term Loan B	8.250%	8/26/17	B+	4,839,656
		Food & Staples Retailing – 1.6% (1.1% of Total Investments)
3,000		Albertson’s, Inc., Term Loan B	5.750%	3/21/16	BB-	3,041,484
1,500		Rite Aid Corporation, Tranche 1, Term Loan, Second Lien	5.750%	8/21/20	B-	1,559,374
5,850		Wilton Products, Inc., Tranche B, Term Loan	7.500%	8/30/18	B1	5,930,438
10,350		Total Food & Staples Retailing				10,531,296
		Food Products – 9.0% (6.3% of Total Investments)
3,990		AdvancePierre Foods, Inc., Term Loan, First Lien	5.750%	7/10/17	B1	4,052,344
1,800		AdvancePierre Foods, Inc., Term Loan, Second Lien	9.500%	10/10/17	CCC+	1,863,000
1,791		BJ’s Wholesale Club, Inc., Term Loan, First Lien	4.250%	9/26/19	B	1,809,419
2,500		Dole Food Company, Inc., Term Loan, WI/DD	TBD	TBD	Ba3	2,520,312
2,481		Ferrara Candy Company, Term Loan B	7.504%	6/18/18	B	2,533,977
19,400		H.J. Heinz Company, Term Loan B2, WI/DD	TBD	TBD	BB	19,600,674
4,477		Michael Foods Group, Inc., Term Loan	4.250%	2/25/18	Ba3	4,552,876
3,000		Pinnacle Foods Finance LLC, Term Loan G	3.250%	4/29/20	BB-	3,018,738
1,000		Sprouts Farmers Market Holdings LLC, Term Loan	4.500%	4/23/20	B+	1,005,625
2,000		Supervalu, Inc., New Term Loan	6.250%	3/13/19	B+	2,033,334
17,207		U.S. Foodservice, Inc., Extended Term Loan	5.750%	3/31/17	B2	17,457,010
59,646		Total Food Products				60,447,309
		Health Care Equipment & Supplies – 3.7% (2.6% of Total Investments)
1,750		Bausch & Lomb, Inc., Term Loan, (5)	6.250%	5/31/18	B+	1,764,219
1,995		Bausch & Lomb, Inc., Delayed Draw, Term Loan B, WI/DD	TBD	TBD	B+	2,022,431
8,933		Bausch & Lomb, Inc., Term Loan B	4.000%	4/25/19	B+	9,053,249
2,329		Hologic, Inc., Term Loan B	4.500%	8/01/19	BBB-	2,363,353
9,875		Kinetic Concepts, Inc., Term Loan C1	5.500%	5/04/18	Ba2	10,066,519
24,882		Total Health Care Equipment & Supplies				25,269,771
		Health Care Providers & Services – 12.3% (8.6% of Total Investments)
6,541		Vanguard Health Holding Company II LLC, Term Loan B	3.750%	1/29/16	Ba2	6,636,515
6,000		Apria Healthcare Group, Inc., Term Loan, First Lien	6.750%	4/06/20	BB-	6,017,814
1,410		Ardent Medical Services, Inc., Term Loan, First Lien	6.750%	7/02/18	B+	1,434,259
9,975		DaVita, Inc., New Term Loan B2	4.000%	11/01/19	Ba2	10,103,817
1,564		Genesis Healthcare LLC, Term Loan	10.002%	12/04/17	B+	1,559,810
4,852		Gentiva Health Services, Inc., Term Loan B	6.500%	8/17/16	B+	4,892,287
13,601		Golden Living, Term Loan	5.000%	5/04/18	B1	13,320,813
1,325		HCA, Inc., Tranche B2, Term Loan	3.534%	3/31/17	BB	1,330,424
2,917		Health Management Associates, Inc., Replacement Term Loan B	3.500%	11/16/18	BB-	2,949,480
2,993		Heartland Dental Care, Inc., Term Loan, First Lien	6.250%	12/21/18	Ba3	3,042,998
2,000		Heartland Dental Care, Inc., Term Loan, Second Lien	9.750%	6/20/19	CCC+	2,067,500
2,593		Kindred Healthcare, Term Loan	5.250%	6/01/18	Ba3	2,620,227
1,853		LHP Operations Co. LLC, Term Loan B	9.000%	7/03/18	B	1,901,299
776		LifeCare Holdings, Inc., Term Loan Add On, (6)	0.000%	2/01/16	N/R	725,893
4,304		LifeCare, Term Loan, (6)	0.000%	2/01/16	N/R	4,024,356
3,980		National Mentor Holdings, Inc., Term Loan B	6.500%	2/09/17	B+	4,039,401
6,906		Select Medical Corporation, Term Loan	5.500%	6/01/18	B+	6,992,171
993		Select Medical Corporation, Tranche B, Term Loan A	5.501%	6/01/18	BB-	1,004,906
4,963		Sheridan Holdings, Inc., Term Loan, First Lien	4.500%	2/13/18	B+	5,033,125
1,750		Sheridan Holdings, Inc., Term Loan, Second Lien	9.000%	7/01/19	B-	1,787,188
1,278		Skilled Healthcare Group, Inc., Term Loan	6.750%	4/09/16	B1	1,292,342
82,574		Total Health Care Providers & Services				82,776,625
		Hotels, Restaurants & Leisure – 4.5% (3.2% of Total Investments)
4,863		24 Hour Fitness Worldwide, Inc., Term Loan B	5.250%	4/22/16	Ba3	4,907,478
2,037		BLB Management Services, Inc., Term Loan, WI/DD	TBD	TBD	BB-	2,070,988
3,095		Caesars Entertainment Operating Company, Inc., Term Loan B6	5.450%	1/28/18	B	2,816,729
1,754		CCM Merger, Inc. Term Loan	6.000%	3/01/17	B+	1,774,071
4,950		Landry’s Restaurants, Inc., Term Loan B	4.750%	4/24/18	B+	5,027,344
2,993		MGM Resorts International, Term Loan B	4.250%	12/20/19	BB	3,043,414
3,427		SeaWorld Parks and Entertainment, Inc., Term Loan B	4.000%	8/17/17	BB-	3,462,601
1,351		Six Flags Theme Parks, Inc., Term Loan B, First Lien	4.001%	12/20/18	BB+	1,372,728
4,000		Station Casino LLC, Term Loan B	5.000%	3/02/20	B1	4,058,332
1,988		Wendy’s, Inc., Term Loan B	4.750%	5/15/19	BB-	2,000,673
30,458		Total Hotels, Restaurants & Leisure				30,534,358
		Household Durables – 1.3% (0.9% of Total Investments)
2,743		AOT Bedding Super Holdings LLC, Term Loan B	5.000%	10/01/19	B+	2,785,007
1,619		Spectrum Brands, Inc., Term Loan	4.500%	12/17/19	Ba3	1,646,218
4,000		Sun Products Corporation, Term Loan	5.500%	3/23/20	B1	4,045,000
8,362		Total Household Durables				8,476,225
		Household Products – 0.8% (0.5% of Total Investments)
5,000		American Builders & Contractors Supply Co., Inc., Term Loan B	3.500%	4/16/20	B1	5,046,335
		Industrial Conglomerates – 1.3% (0.9% of Total Investments)
8,000		DuPont Performance Coatings, Dollar Term Loan B	4.750%	1/17/20	B+	8,113,336
971		U.S. Foodservice, Inc., Term Loan, First Lien	5.750%	3/31/17	B2	982,939
8,971		Total Industrial Conglomerates				9,096,275
		Insurance – 1.2% (0.8% of Total Investments)
4,489		USI Holdings Corporation, Term Loan B	5.250%	12/27/19	B1	4,552,342
3,413		Vantage Drilling Company, Term Loan B	6.250%	10/25/17	B-	3,448,758
7,902		Total Insurance				8,001,100
		Internet & Catalog Retail – 0.8% (0.6% of Total Investments)
5,486		EIG Investors Corp., Term Loan, First Lien	6.250%	11/09/19	B1	5,534,255
		Internet Software & Services – 1.5% (1.0% of Total Investments)
3,491		Sabre, Inc., Term Loan B	5.250%	2/19/19	B1	3,547,965
2,406		Sabre, Inc., Term Loan C	4.000%	2/19/18	B1	2,427,906
3,880		SSI Investments II, Ltd., New Term Loan	5.000%	5/26/17	Ba3	3,957,867
9,777		Total Internet Software & Services				9,933,738
		IT Services – 1.7% (1.2% of Total Investments)
1,115		SunGard Data Systems, Inc., Term Loan B	1.949%	2/28/14	BB	1,119,867
2,500		EIG Investors Corp., Term Loan, Second Lien	10.250%	5/09/20	CCC+	2,512,500
1,493		Genpact International, Inc., Term Loan	4.250%	8/30/19	BB+	1,517,686
918		SRA International, Term Loan	6.500%	7/20/18	B1	920,485
3,000		SunGard Data Systems, Inc., Term Loan E	4.000%	3/07/20	BB	3,042,189
2,416		VFH Parent LLC, Term Loan B	5.805%	7/08/16	Ba2	2,447,517
11,442		Total IT Services				11,560,244
		Leisure Equipment & Products – 1.8% (1.3% of Total Investments)
9,000		Bombardier Recreational Products, Inc., Term Loan B	5.000%	1/30/19	B+	9,106,875
3,250		Equinox Holdings, Inc., Term Loan, First Lien	4.500%	1/31/20	B1	3,290,625
12,250		Total Leisure Equipment & Products				12,397,500
		Machinery – 0.3% (0.2% of Total Investments)
2,140		Rexnord Corporation, Inc., Term Loan B Refinancing	4.500%	4/01/18	BB	2,164,413
		Media – 9.1% (6.4% of Total Investments)
4,681		Yell Group PLC, Term Loan, (6)	0.000%	7/31/14	N/R	978,647
1,561		Atlantic Broadband Finance LLC, Term Loan B	4.500%	9/20/19	BB	1,587,875
821		Cengage Learning Acquisitions, Inc., Tranche B, Extended Term Loan	5.700%	7/04/17	CCC	615,557
5,244		Cumulus Media, Inc., Term Loan B, First Lien	4.500%	9/18/18	Ba2	5,344,458
4,503		Cumulus Media, Inc., Term Loan, Second Lien	7.500%	9/16/19	B3	4,692,691
995		FoxCo Acquisition Sub LLC, Initial Term Loan	5.500%	7/14/17	B	1,013,451
2,171		Interactive Data Corporation, Term Loan	3.750%	1/31/18	Ba3	2,197,737
3,000		Internet Brands, Inc., Term Loan B	6.250%	3/13/19	B+	3,020,625
4,000		McGraw-Hill Education Holdings LLC, Term Loan	9.000%	3/22/19	B2	3,994,000
1,990		Mediacom Broadband LLC, Tranche G, Term Loan	4.000%	1/20/20	Ba3	2,016,119
3,962		Radio One, Inc., Term Loan B, First Lien	7.500%	2/14/17	B+	4,070,492
5,985		Tribune Company, Exit Term Loan B	4.000%	12/17/19	BB+	6,065,767
17,983		Univision Communications, Inc., Term Loan C1	4.750%	2/14/20	B+	18,186,404
3,000		UPC Broadband Holding BV, Term Loan AF	4.000%	1/31/21	BB-	3,033,750
2,000		UPC Broadband Holding BV, Term Loan AH, WI/DD	TBD	TBD	BB-	1,998,126
1,000		Virgin Media Investment Holdings, Term Loan B, WI/DD	TBD	TBD	BB-	1,001,328
1,234		WMG Acquisition Corporation, New Term Loan, First Lien	5.250%	11/01/18	BB-	1,253,919
64,130		Total Media				61,070,946
		Metals & Mining – 0.2% (0.1% of Total Investments)
1,031		FMG Resources, Ltd., Term Loan B	5.250%	10/18/17	BB+	1,049,122
		Multiline Retail – 0.6% (0.4% of Total Investments)
2,177		99 Cents Only Stores, Term Loan B1	5.250%	1/11/19	B+	2,209,246
2,000		Neiman Marcus Group, Inc., Term Loan	4.000%	5/16/18	B+	2,018,906
4,177		Total Multiline Retail				4,228,152
		Multi-Utilities – 0.2% (0.2% of Total Investments)
1,496		ADS Waste Holdings, Inc., Term Loan B	4.250%	8/05/19	B+	1,516,506
		Oil, Gas & Consumable Fuels – 2.9% (2.1% of Total Investments)
1,880		Crestwood Holdings, Inc., Term Loan B	9.750%	3/26/18	CCC+	1,920,275
2,500		El Paso Corporation, Tranche B1, Term Loan	5.000%	5/24/18	Ba3	2,526,340
169		Energy Transfer Partners LP, Term Loan B	3.750%	3/24/17	BB	169,871
1,341		Frac Tech International LLC, Term Loan	8.500%	5/06/16	B+	1,324,850
1,472		Gibson Energy ULC, Term Loan B	4.750%	5/18/18	BB-	1,496,170
4,000		Plains Exploration and Production Company, Term Loan	4.000%	11/30/19	Ba1	4,016,000
2,750		Rice Drilling LLC., Term Loan, Second Lien, WI/DD	TBD	TBD	N/R	2,767,187
2,500		Samson Investment Company, Initial Term Loan, Second Lien	6.000%	9/25/18	B1	2,532,812
2,000		Saxon Energy Services, Inc., Term Loan	5.500%	2/13/19	Ba3	2,022,000
1,000		Vantage Drilling Company, Term Loan B	5.750%	3/28/19	B-	1,015,000
19,612		Total Oil, Gas & Consumable Fuels				19,790,505
		Personal Products – 0.2% (0.1% of Total Investments)
1,096		Prestige Brands, Inc., Term Loan B1	3.750%	1/31/19	BB-	1,114,544
		Pharmaceuticals – 6.3% (4.4% of Total Investments)
2,710		ConvaTec Healthcare, Incremental Term Loan B	5.000%	12/22/16	Ba3	2,762,923
1,730		Generic Drug Holdings, Inc., Term Loan B	5.000%	10/29/19	B+	1,748,821
69		Graceway Pharmaceuticals LLC, Term Loan, (6)	0.000%	5/03/12	N/R	75,675
5,625		Graceway Pharmaceuticals LLC, Second Lien Term Loan, (6)	0.000%	5/03/13	N/R	168,750
3,648		Par Pharmaceutical Companies, Inc., Additional Term Loan B1	4.250%	9/30/19	B+	3,686,143
5,921		Pharmaceutical Product Development, Inc., Term Loan B, First Lien	4.250%	12/01/18	Ba3	6,015,175
7,972		Quintiles Transnational Corp., Term Loan B2	4.500%	6/08/18	BB-	8,084,699
3,491		Therakos, Inc., Term Loan, First Lien	7.500%	12/27/17	B	3,469,430
4,925		Valeant Pharmaceuticals International, Inc., Series D, Term Loan	3.500%	2/19/19	BBB-	4,989,157
1,593		Warner Chilcott Company LLC, Term Loan B1 Additional	4.250%	3/15/18	BBB-	1,618,754
3,659		Warner Chilcott Corporation, Term Loan B1	4.250%	3/15/18	BBB-	3,718,648
1,296		Warner Chilcott Corporation, Term Loan B2	4.250%	3/15/18	BBB-	1,317,701
2,883		Warner Chilcott Corporation, Term Loan B3	4.250%	3/15/18	BBB-	2,930,339
1,583		Warner Chilcott Corporation, Term Loan B4	3.243%	8/15/17	BBB-	1,600,156
317		Warner Chilcott Corporation, Term Loan B5	3.243%	8/20/17	BBB-	320,031
47,422		Total Pharmaceuticals				42,506,402
		Real Estate Investment Trust – 1.6% (1.1% of Total Investments)
3,000		Capital Automotive LP, Term Loan, Second Lien, WI/DD	TBD	TBD	B1	3,105,000
201		iStar Financial, Inc., Term Loan, Tranche A1	5.250%	3/19/16	BB-	203,194
3,636		iStar Financial, Inc., Term Loan	4.500%	10/16/17	B+	3,678,788
4,000		Starwood Property Trust, Inc., Term Loan B	3.500%	4/11/20	BB+	4,020,000
10,837		Total Real Estate Investment Trust				11,006,982
		Real Estate Management & Development – 1.7% (1.2% of Total Investments)
6,146		Capital Automotive LP, Term Loan, Tranche B1	4.250%	4/10/19	Ba2	6,204,129
5,000		Realogy Corporation, Term Loan B	4.500%	3/01/20	BB-	5,068,125
11,146		Total Real Estate Management & Development				11,272,254
		Road & Rail – 0.6% (0.4% of Total Investments)
3,910		Swift Transportation Company, Inc., Term Loan B2	4.000%	12/01/17	BB	3,980,967
		Semiconductors & Equipment – 2.2% (1.5% of Total Investments)
4,000		Freescale Semiconductor, Inc., Term Loan, Tranche B4	5.000%	2/13/20	B1	4,054,376
2,993		NXP Semiconductor LLC, Incremental Term Loan C	4.750%	12/06/19	B+	3,069,805
5,875		NXP Semiconductor LLC, Term Loan	4.500%	3/03/17	B1	6,020,132
1,451		Spansion LLC, Term Loan B	5.250%	12/13/18	BB+	1,470,086
14,319		Total Semiconductors & Equipment				14,614,399
		Software – 9.3% (6.6% of Total Investments)
6,691		Attachmate Corporation, Term Loan, First Lien	7.250%	11/22/17	BB-	6,790,998
2,964		Blackboard, Inc., Term Loan B2	6.250%	10/04/18	B+	3,023,379
2,903		Datatel Parent Corp, Term Loan B	4.500%	7/19/18	B+	2,946,136
6,581		Emdeon Business Services LLC, Term Loan B2	3.750%	11/09/18	BB-	6,655,745
655		Epicor Software Corporation, Term Loan, B1	4.500%	5/16/18	Ba3	666,487
1,990		Explorer Holdings, Inc., Term Loan	6.000%	5/02/18	B+	2,007,425
1,756		Greeneden U.S. Holdings II LLC, Term Loan B	4.000%	2/01/20	B+	1,773,546
15,383		Infor Enterprise Applications, Term Loan B	5.250%	4/05/18	Ba3	15,659,516
4,207		IPC Systems, Inc., Extended Term Loan, Tranche B1, First Lien	7.750%	7/31/17	B1	4,185,950
8,500		IPC Systems, Inc., Term Loan, Second Lien	5.448%	6/01/15	CCC	7,692,500
6,468		Misys PLC, Term Loan, First Lien	7.250%	12/12/18	Ba3	6,594,832
1,995		RedPrairie Corporation, Term Loan, First Lien	6.750%	12/21/18	B+	2,044,564
2,539		SS&C Technologies, Inc./ Sunshine Acquisition II, Inc., Funded Term Loan B1	5.000%	6/07/19	BB	2,561,467
263		SS&C Technologies, Inc./ Sunshine Acquisition II, Inc., Funded Term Loan B2	5.000%	6/07/19	BB	264,979
62,895		Total Software				62,867,524
		Specialty Retail – 2.0% (1.4% of Total Investments)
3,648		Collective Brands, Inc., Term Loan B	7.250%	10/09/19	B	3,714,480
417		J Crew Group, Term Loan B1	4.000%	3/07/18	B1	421,261
3,811		Jo-Ann Stores, Inc., Term Loan, First Lien	4.000%	2/05/18	B+	3,855,858
868		Lord & Taylor Holdings LLC, Term Loan	6.750%	1/11/19	BB	879,085
2,199		Petco Animal Supplies, Inc., Term Loan B	4.000%	11/24/17	Ba3	2,233,054
2,482		Tempur-Pedic International, Inc., Term Loan B	5.000%	3/18/20	BB	2,526,085
13,425		Total Specialty Retail				13,629,823
		Textiles, Apparel & Luxury Goods – 0.5% (0.3% of Total Investments)
3,000		Philips-Van Heusen Corporation, Term Loan B	3.250%	12/19/19	BBB-	3,030,375
		Trading Companies & Distributors – 0.3% (0.2% of Total Investments)
1,688		Wesco Distribution, Inc., Term Loan B	4.500%	12/04/19	Ba3	1,707,243
		Transportation Infrastructure – 0.2% (0.2% of Total Investments)
1,500		American Commercial Lines LLC, Term Loan, First Lien	7.500%	9/22/19	B-	1,516,875
		Wireless Telecommunication Services – 5.3% (3.7% of Total Investments)
10,025		Asurion LLC, Term Loan B1	4.500%	5/24/19	Ba3	10,167,596
1,750		Charter Communications Operating Holdings LLC, Term Loan E, WI/DD	TBD	TBD	Baa3	1,748,588
12,685		Clear Channel Communications, Inc., Tranche B, Term Loan	3.848%	1/29/16	CCC+	11,655,482
4,000		Cricket Communications, Inc., Term Loan C	4.750%	3/08/20	Ba3	4,027,500
4,500		Fairpoint Communications, Inc., Term Loan B, DD1	7.500%	2/11/19	B	4,431,694
995		IPC Systems, Inc., Term Loan, Tranche C, First Lien	7.750%	7/31/17	B1	997,488
500		LTS Buyer LLC, Term Loan B, First Lien	4.500%	4/13/20	B1	506,038
1,859		Presidio, Inc., New Term Loan	5.750%	3/31/17	Ba3	1,889,534
36,314		Total Wireless Telecommunication Services				35,423,920
$	778,913	Total Variable Rate Senior Loan Interests (cost $765,758,906)				772,556,843

Shares		Description (1)				Value
		Common Stocks – 3.9% (2.7% of Total Investments)
		Building Products – 2.1% (1.5% of Total Investments)
301,905		Masonite Worldwide Holdings, (7)				$	14,038,583
		Hotels, Restaurants & Leisure – 0.1% (0.1% of Total Investments)
42,041		BLB Worldwide Holdings Inc., (7)				924,902
2,670		Buffets Term Loan, (7)				14,685
		Total Hotels, Restaurants & Leisure				939,587
		Media – 1.7% (1.1% of Total Investments)
203,449		Metro-Goldwyn-Mayer, (7)				7,985,373
57,088		Tribune Company, (7)				3,239,744
45,941		Tribune Company, (9)				-
		Total Media				11,225,117
		Professional Services – 0.0% (0.0% of Total Investments)
47,152		Vertrue, Inc., (7)				14,146
		Total Common Stocks (cost $30,871,781)				26,217,433

Principal
Amount (000)		Description (1)	Coupon	Maturity	Ratings (3)	Value
		Convertible Bonds – 0.3% (0.2% of Total Investments)
		Communications Equipment – 0.3% (0.2% of Total Investments)
$	850	Nortel Networks Corp., (6)	1.750%	4/15/12	N/R	$	824,500
1,000		Nortel Networks Corp., (6)	2.125%	4/15/14	N/R	973,125
$	1,850	Total Convertible Bonds (cost $1,563,750)				1,797,625

Principal
Amount (000)		Description (1)	Coupon	Maturity	Ratings (3)	Value
		Corporate Bonds – 9.9% (7.0% of Total Investments)
		Commercial Services & Supplies – 0.6% (0.4% of Total Investments)
$	1,000	Ceridian Corporation	11.250%	11/15/15	CCC	$	1,036,250
2,000		Harland Clarke Holdings	9.500%	5/15/15	B-	2,005,000
1,000		Tervita Corporation, 144A	8.000%	11/15/18	B2	1,047,500
4,000		Total Commercial Services & Supplies				4,088,750
		Communications Equipment – 1.5% (1.0% of Total Investments)
5,000		Avaya Inc., 144A	9.000%	4/01/19	B1	5,100,000
4,000		Nortel Networks Limited, (6)	0.000%	7/15/11	N/R	4,130,000
650		Nortel Networks Limited, (6)	10.750%	7/15/16	N/R	736,125
9,650		Total Communications Equipment				9,966,125
		Diversified Consumer Services – 0.1% (0.1% of Total Investments)
700		NES Rental Holdings Inc., 144A	7.875%	5/01/18	CCC+	721,000
		Diversified Telecommunication Services – 0.5% (0.4% of Total Investments)
1,500		Consolidated Communications Finance Company	10.875%	6/01/20	B-	1,726,875
1,501		IntelSat Limited	11.250%	2/04/17	CCC+	1,598,565
3,001		Total Diversified Telecommunication Services				3,325,440
		Health Care Equipment & Supplies – 0.6% (0.4% of Total Investments)
2,450		Kinetic Concepts	10.500%	11/01/18	B	2,750,125
1,455		Rotech Healthcare Inc.	10.750%	10/15/15	D	1,462,275
3,905		Total Health Care Equipment & Supplies				4,212,400
		Health Care Providers & Services – 1.1% (0.8% of Total Investments)
2,000		Aurora Diagnostics Holdings LLC	10.750%	1/15/18	Caa1	1,570,000
3,750		HCA Inc., (10)	8.500%	4/15/19	BB+	4,134,375
500		Vanguard Health Holding LLC/Inc.	8.000%	2/01/18	B-	541,250
1,000		Wolverine Healthcare Analytics, 144A	10.625%	6/01/20	CCC+	1,145,000
7,250		Total Health Care Providers & Services				7,390,625
		Household Products – 0.5% (0.3% of Total Investments)
2,750		Spectrum Brands Inc.	9.500%	6/15/18	Ba3	3,090,313
		IT Services – 0.5% (0.3% of Total Investments)
3,000		First Data Corporation, 144A	7.375%	6/15/19	BB-	3,262,500
		Machinery – 0.5% (0.4% of Total Investments)
2,000		HD Supply Inc.	8.125%	4/15/19	B+	2,262,500
1,025		NES Rental Holdings Inc., 144A	12.250%	4/15/15	CCC+	1,090,344
3,025		Total Machinery				3,352,844
		Media – 2.2% (1.6% of Total Investments)
2,706		Clear Channel Communications, Inc., 144A	9.000%	12/15/19	CCC+	2,706,000
2,250		Clear Channel Communications, Inc.	11.000%	8/01/16	CCC-	1,940,625
3,700		Clear Channel Communications, Inc.	5.500%	12/15/16	CCC-	2,719,500
5,500		Clear Channel Communications, Inc., DD1	9.000%	3/01/21	CCC+	5,376,250
1,875		McGraw-Hill Global Education Holdings, 144A	9.750%	4/01/21	BB	1,931,250
400		WMG Acquisition Group	11.500%	10/01/18	B	476,000
16,431		Total Media				15,149,625
		Pharmaceuticals – 0.5% (0.3% of Total Investments)
54		Angiotech Pharmaceuticals Inc.	5.000%	12/01/13	N/R	54,000
918		Angiotech Pharmaceuticals Inc.	9.000%	12/01/16	N/R	919,652
1,000		Valeant Pharmaceuticals International, 144A	7.000%	10/01/20	BB-	1,105,000
1,000		Valeant Pharmaceuticals International, 144A	7.250%	7/15/22	BB-	1,132,500
2,972		Total Pharmaceuticals				3,211,152
		Road & Rail – 0.6% (0.5% of Total Investments)
2,000		Avis Budget Car Rental	2.790%	5/15/14	B+	1,997,520
2,000		Swift Services Holdings Inc.	10.000%	11/15/18	B+	2,290,000
4,000		Total Road & Rail				4,287,520
		Software – 0.6% (0.4% of Total Investments)
1,700		Infor Us Inc.	11.500%	7/15/18	B-	2,006,000
1,875		Infor Us Inc.	9.375%	4/01/19	B-	2,137,500
3,575		Total Software				4,143,500
		Wireless Telecommunication Services – 0.1% (0.1% of Total Investments)
750		FairPoint Communications Inc., 144A, WI/DD	8.750%	8/15/19	B	761,250
$	65,009	Total Corporate Bonds (cost $62,392,273)				66,963,044

Principal
Amount (000)		Description (1)	Coupon	Maturity	Ratings (3)	Value
		Asset-Backed Securities – 5.5% (3.9% of Total Investments)
$	1,200	Bluemountain Collateralized Loan Obligation, Series 2012 2A E14	5.425%	11/20/24	BB	$	1,132,231
2,500		BlueMountain Collateralized Loan Obligations Limited 2012-1A, 144A	5.776%	7/20/23	BB	2,435,778
500		Carlyle Global Market Strategies Collateralized Loan Obligations, Series 2013-2A E	5.314%	4/18/25	BB	467,283
1,000		Dryden Senior Loan 2013-26A E, 144A	4.825%	7/15/25	BB	891,863
1,000		Finn Square Collateralized Loan Obligations Limited, Series 2012-1A, 144A	5.567%	12/24/23	BB	937,546
1,500		Flatiron Collateralized Loan Obligation Limited, Series 2011-1A	4.677%	1/15/23	BB	1,359,377
1,500		Fraser Sullivan Collateralized Loan Obligations Limited, Series 2011-6A, 144A	5.789%	11/22/22	BB	1,447,038
500		ING Investment Management, Collateralized Loan Obligation, 2013-1A D, 144A, (8), (9)	6.039%	4/15/24	BB	466,350
3,000		LCM Limited Partnership, Collateralized Loan Obligations, 144A	6.027%	4/15/22	BB	2,893,728
1,500		LCM Limited Partnership, Collateralized Loan Obligations	5.426%	4/19/22	BB	1,384,712
2,700		LCM Limited Partnership Series 2012A, 144A	6.026%	10/19/22	BB	2,667,800
1,500		Madison Park Funding Limited, Collateralized Loan Obligations, Series 2012-8A, 144A	5.626%	4/22/22	BB	1,445,251
1,000		Madison Park Funding Limited, Collateralized Loan Obligations, Series 2012-8A, 144A	4.626%	4/22/22	BBB	1,001,633
1,500		Madison Park Funding Limited, Series 2012-10A	5.526%	1/20/25	BB	1,460,324
2,300		Magnetite IV CLO Limited, Series 2012-6A E, 144A	6.030%	9/15/23	BB	2,234,349
1,000		Nomad CLO Ltd, Series 2013-1A D, 144A	5.030%	1/15/25	BB	901,510
750		Northwoods Capital Corporation, Collateralized Loan Obligations 2012-9A	5.377%	1/18/24	BB-	677,639
3,000		Oak Hill Credit Partners IV Limited, Collateralized Loan Obligation Series 2012-6A	5.790%	5/15/23	BB	3,007,589
3,360		Oak Hill Credit Partners, Series 2012-7A	5.289%	11/20/23	BB	3,137,631
750		Octagon Investment Partners, Series 2012-1A D, 144A	5.815%	1/15/24	BB-	703,659
1,000		Race Point Collateralized Loan Obligations, Series 2011-5A, 144A	6.780%	12/15/22	BB	1,001,577
3,000		Race Point Collateralized Loan Obligations, Series 2012-6A, 144A	5.788%	5/24/23	BB	2,861,553
3,000		Race Point Collateralized Loan Obligations, Series 2012-7A, 144A	5.293%	11/8/24	BB-	2,758,895
$	39,060	Total Asset-Backed Securities (cost $34,087,705)				37,275,316

Shares		Description (1)				Value
		Investment Companies – 2.0% (1.4% of Total Investments)
353,668		Eaton Vance Floating-Rate Income Trust Fund				$	6,100,773
963,820		Eaton Vance Senior Income Trust				7,296,117
		Total Investment Companies (cost $11,947,776)				13,396,890
Principal
Amount (000)		Description (1)	Coupon	Maturity		Value
		Short-Term Investments – 5.9% (4.2% of Total Investments)
$	39,778	Repurchase Agreement with Fixed Income Clearing Corporation, dated 4/30/13, repurchase price $39,777,743, collateralized by: $235,000 U.S. Treasury Notes, 1.375%, due 11/30/15, value $242,968, $26,640,000 U.S. Treasury Notes, 2.125%, due 2/29/16, value $28,105,200, $12,195,000 U.S. Treasury Notes, 0.375%, due 3/15/16, value $12,225,488	0.010%	5/01/13		$	39,777,732
		Total Short–Term Investments (cost $39,777,732)				39,777,732
		Total Investments (cost $946,399,923) – 142.0%				957,984,883
		Borrowings – (36.9)% (11), (12)				(249,200,000)
		Other Assets Less Liabilities – (5.1)% (13)				(34,059,988)
		Net Assets Applicable to Common Shares – 100%				$	674,724,895

Investments in Derivatives as of April 30, 2013

Interest Rate Swaps outstanding:

Fund

Fixed Rate

Unrealized

Notional

Pay/Receive

Fixed Rate

Payment

Termination

Appreciation

Counterparty

Amount

Floating Rate

Floating Rate Index

(Annualized)

Frequency

Date

(Depreciation) (13)

Goldman Sachs

$49,435,000

Receive

1-Month USD-LIBOR

1.300

Monthly

4/20/14

$ (541,490)

Morgan Stanley

49,435,000

Receive

1-Month USD-LIBOR

2.201

Monthly

4/20/16

(2,716,415)

$ (3,257,905)

Fair Value Measurements Fair value is defined as the price that the Funds would receive upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. A three-tier hierarchy is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels. Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities. Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.). Level 3 – Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments). The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:

	Level 1		Level 2			Level 3			Total
Long-Term Investments:
Variable Rate Senior Loan Interests	$	–	$	772,556,843		$	–		$	772,556,843
Common Stocks	26,217,433		–			–		**	26,217,433
Convertible Bonds	–		1,797,625			–			1,797,625
Corporate Bonds	–		66,963,044			–			66,963,044
Asset-Backed Securities	–		36,808,966			466,350			37,275,316
Investment Companies	13,396,890		–			–			13,396,890
Short-Term Investments:
Repurchase Agreements	–		39,777,732			–			39,777,732
Derivatives:
Interest Rate Swaps*	–		(3,257,905		)	–			(3,257,905		)
Total	$	39,614,323	$	914,646,305		$	466,350		$	954,726,978

*Represents net unrealized appreciation (depreciation).

**Value equals zero as of the end of the reporting period.

The table below presents the transfers in and out of the three valuation levels for the Fund as of the end of the reporting period when compared to the valuation levels as of the end of the previous fiscal year. Changes in valuation inputs or methodologies may result in transfers into or out of an assigned level within the fair value hierarchy. Transfers in or out of levels are generally due to the availability of publicly available information and to the significance or extent a manager determines that the valuation inputs or methodologies may impact the valuation of those securities.

Level 1

Level 2

Level 3

Transfers In

(Transfers Out)

Transfers In

(Transfers Out)

Transfers In

(Transfers Out)

22,948,858

–

(22,948,858

)

–

Income Tax Information

The following information is presented on an income tax basis. Differences between amounts for financial statement and federal income tax purposes are primarily due to the treatment of paydown gains and losses, timing differences in recognizing certain gains and losses on investment transactions, and recognition of premium amortization. To the extent that differences arise that are permanent in nature, such amounts are reclassified within the capital accounts on the Statement of Assets and Liabilities presented in the annual report, based on their federal tax basis treatment; temporary differences do not require reclassification. Temporary and permanent differences do not impact the net asset value of the Fund.

As of April 30, 2013, the cost of investments (excluding investments in derivatives) was $946,933,640.

Gross unrealized appreciation and gross unrealized depreciation of investments (excluding investments in derivatives) as of April 30, 2013, were as follows:

Gross unrealized:

Appreciation

29,512,657

Depreciation

(18,461,414

)

Net unrealized appreciation (depreciation) of investments

11,051,243

For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.

(1)

All percentages shown in the Portfolio of Investments are based on net assets applicable to Common shares unless otherwise noted.

(2)

Senior Loans generally are subject to mandatory and/or optional prepayment. Because of these mandatory prepayment conditions and because there may be significant economic incentives for a borrower to prepay, prepayments of Senior Loans may occur. As a result, the actual remaining maturity of Senior Loans held may be substantially less than the stated maturities shown.

(3)

Ratings: Using the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies.

(4)

Senior Loans generally pay interest at rates which are periodically adjusted by reference to a base short-term, floating lending rate plus an assigned fixed rate. These floating lending rates are generally (i) the lending rate referenced by the London Inter-Bank Offered Rate (“LIBOR”), or (ii) the prime rate offered by one or more major United States banks.

Senior Loans may be considered restricted in that the Fund ordinarily is contractually obligated to receive approval from the Agent Bank and/or borrower prior to the disposition of a Senior Loan.

(5)

Investment, or portion of investment, represents a participation of a Senior Loan commitment outstanding.

(6)

At or subsequent to the end of the reporting period, this security is non-income producing. Non-income producing security, in the case of a fixed-income security, generally denotes that the issuer has (1) defaulted on the payment of principal or interest, (2) is under the protection of the Federal Bankruptcy Court or (3) the Fund’s Adviser has concluded that the issue is not likely to meet its future interest payment obligations and has directed the Fund’s custodian to cease accruing additional income on the Fund’s records.

(7)

Non-income producing; issuer has not declared a dividend within the past twelve months.

(8)

For fair value measurement disclosure purposes, Asset-Backed Securities classified as Level 2.

(9)

Investment valued at fair value using methods determined in good faith by, or at the discretion of, the Board of Trustees. For fair value measurement disclosure purposes, investment classified as Level 3.

(10)

Investment, or portion of investment, has been pledged as collateral for investments in derivatives.

(11)

Borrowings as a percentage of Total Investments is 26.0%.

(12)

The Fund segregates 100% of its eligible investments in the Portfolio of Investments as collateral for Borrowings.

(13)

Other Assets Less Liabilities includes the Unrealized Appreciation (Depreciation) of derivative instruments as listed within Investments in Derivatives as of the end of the reporting period.

N/R

Not rated.

DD1

Portion of investment purchased on a delayed delivery basis.

WI/DD

Purchased on a when-issued or delayed delivery basis.

144A

Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers.

TBD

Senior Loan purchased on a when-issued or delayed-delivery basis. Certain details associated with this purchase are not known prior to the settlement date of the transaction. In addition, Senior Loans typically trade without accrued interest and therefore a coupon rate is not available prior to settlement. At settlement, if still unknown, the borrower or counterparty will provide the Fund with the final coupon rate and maturity date.

USD-LIBOR

United States Dollar—London Inter-Bank Offered Rate.

Item 2. Controls and Procedures.

a. The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”) (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)).

b. There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 3. Exhibits.

File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)), exactly as set forth below: EX-99 CERT Attached hereto.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant) Nuveen Floating Rate Income Fund


By (Signature and Title)	/s/ Kevin J. McCarthy
	Kevin J. McCarthy
	Vice President and Secretary

Date: June 28, 2013

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By (Signature and Title)	/s/ Gifford R. Zimmerman
	Gifford R. Zimmerman
	Chief Administrative Officer (principal executive officer)

Date: June 28, 2013

By (Signature and Title)	/s/ Stephen D. Foy
	Stephen D. Foy
	Vice President and Controller (principal financial officer)

Date: June 28, 2013