Nuveen Credit Strategies Income Fund (JQC)
| Market Value | 779.75M |
| Revenue (ttm) | 118.96M |
| Net Income (ttm) | 98.07M |
| Shares Out | 135.61M |
| EPS (ttm) | 0.72 |
| PE Ratio | 7.95 |
| Forward PE | n/a |
| Dividend | $0.65 (11.27%) |
| Ex-Dividend Date | Dec 13, 2024 |
| Volume | 387,560 |
| Open | 5.71 |
| Previous Close | 5.69 |
| Day's Range | 5.66 - 5.78 |
| 52-Week Range | 5.11 - 5.94 |
| Beta | 0.58 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About JQC
Nuveen Credit Strategies Income Fund is a closed-ended balanced mutual fund launched by Nuveen Investments, Inc. The fund is managed by Symphony Asset Management, LLC. It invests in the fixed income and public equity markets of the United States. The fund invests in senior secured and second lien loans, preferred securities, convertible securities and related instruments. It seeks to invest in investment grade securities. The fund employs fundamental analysis with a focus on bottom-up stock picking approach based on factors such as interest rat... [Read more]
News
JQC: The Golden Time For Entry Is Over, Distribution Cut Likely
Nuveen's Credit Strategies Income Fund offers high income through CLOs but carries elevated risk due to its significant exposure to below investment grade debt. JQC's current 11.1% dividend yield is a...
JQC: The Fund's Current Portfolio Positioning Appears Concerning
Nuveen Credit Strategies Income Fund offers a high level of current income with an attractive 11.47% yield. The fund invests in senior loans, high-yield corporate debt, and collateralized loan obligat...
Nuveen Closed-End Funds Declare Distributions
NEW YORK--(BUSINESS WIRE)--Several Nuveen closed-end funds have declared distributions. These funds represent investment strategies for investors seeking diversified sources of cash flow to prepare fo...
JQC: This Debt Fund Should Satisfy Most Income Seekers Today
Nuveen Credit Strategies Income Fund offers a high yield of 11.61%, outperforming the market indices. The JQC closed-end fund's high allocation to floating-rate securities is favorable in the current ...
JQC: 12% Yielding Fixed Income CEF, Currently Overpriced
Nuveen Credit Strategies Income Fund is a fixed income CEF focused on leveraged loans, with a high distribution rate of 12%.
Nuveen Closed-End Funds Declare Distributions and Updates to Distribution Policies
NEW YORK--(BUSINESS WIRE)--Nuveen Closed-End Funds today announced that the Board of Trustees of the Funds has approved the regular monthly and quarterly distributions. In addition, the Board of Trust...
JQC: A Tactical Bond Fund That Could Be Worth Considering
Nuveen Credit Strategies Income Fund offers a high level of current income with a yield of 13.42%. The JQC closed-end fund primarily invests in senior loans, high yield corporate debt, and collaterali...
JQC: New Investment Policies, New Increased Distribution And Tempting Discount
Nuveen Credit Strategies Income Fund (JQC) is undergoing a transition with a new portfolio manager and several investment policy changes. The fund's discount to NAV has been persistent, but the curren...
CEF Weekly Review: Distribution Changes And Discount Relationships
We review CEF market valuation and performance through the second week of August and highlight recent market action. CEFs rallied slightly on the week but remain in the hold in August. CEF distributio...
Nuveen Credit Strategies Income Fund Announces Update and Distribution Increase
NEW YORK--(BUSINESS WIRE)--Nuveen Credit Strategies Income Fund (NYSE: JQC) has announced an update to its portfolio management team. Effective immediately, Himani Trivedi, Head of Structured Credit, ...
JQC: Good Historical Performance, But Distribution May Be Strained
The high inflation rate in the U.S. has caused real wages and income to decline, putting pressure on people's budgets. Investors can mitigate the impact of inflation by investing in closed-end funds t...
CEF Weekly Review: (Some) CEF Net Income Turns Negative
We review CEF market valuation and performance through the second week of July and highlight recent market action. CEFs had a good week overall as NAVs gained, however, discounts remain sluggish. The ...
JQC: This High-Yielding Floating Rate CEF Could Be A Boon For A Portfolio
Investors are in desperate need of income today due to the rapidly rising cost of living. Nuveen Credit Strategies Income Fund invests in a portfolio of floating-rate securities, which are much better...
JQC: A High Yield Trap
The JQC fund invests primarily in senior secured and second lien loans. The fund pays a high monthly distribution, currently yielding 10.5%.
JQC: An Attractive Fixed-Income Fund For Today's World
JQC invests in a portfolio of fixed-income assets to provide its investors with a high yield. The majority of the fund's assets are invested in floating-rate bank loans, although the fund trades like ...
Junk-Bond Yields Top 8%. It Could Be a Good Time to Buy.
True, a recession could be coming. But the underlying math of low defaults, solid companies with cleaned-up balance sheets, and higher yields creates an opportunity for investors.
Income Opportunities: CEFs And Rising Rates
After the Fed hiked interest rates for the fourth time this year, closed-end fund investors may wonder how their income will be affected. Past cycles have shown that valuations fall ahead of time in a...
JQC: Discount Expands Further For This Senior Loan Fund
JQC's discount has expanded greatly since our previous update. This has been a combination of discount expansion more broadly in CEFs and risks rising.
JQC: An Interesting Idea For Higher Rates
JQC ended its capital return program early, announcing a new managed distribution plan in September. The fund has sunk to a significant discount but rebounded quite quickly - though still trading at a...
Closed-End Funds: Senior Loan Funds Q4 2021 Update
As we enter the fourth quarter of 2021, we are inching closer to the eventual rate hikes from the Fed. We've been continuing to monitor the senior loan fund space to find some opportunities worth expl...
CEF Weekly Market Review: Treasuries Remain In The Driver's Seat
CEF Weekly Market Review: Treasuries Remain In The Driver's Seat
Nuveen Credit Strategies Income Fund Announces Adoption of Level Distribution Policy
NEW YORK--(BUSINESS WIRE)--Nuveen Credit Strategies Income Fund (NYSE: JQC) today announced that the Board of Trustees of the Fund has approved the suspension of the Fund's previously announced capita...
CEF Weekly Commentary Sept. 5, 2021: Have Discounts Peaked?
Major indices hit record highs again this week with mid-caps joining large-cap at all-time highs. August was the seventh consecutive month of gains for the S&P. Discounts widened for the third straigh...
JQC: A High-Yielding Bond Fund With A Nice Discount
Investors continue to struggle with a marked inability to generate any significant income due to the longstanding policies of the Federal Reserve. JQC invests in a leveraged portfolio of high-yielding...