Nuveen Credit Strategies Income Fund (JQC)

NYSE: JQC · Real-Time Price · USD
5.79
+0.02 (0.34%)
Nov 8, 2024, 9:32 AM EST - Market open
0.34%
Market Value 785.16M
Revenue (ttm) 118.96M
Net Income (ttm) 98.07M
Shares Out 135.61M
EPS (ttm) 0.72
PE Ratio 7.98
Forward PE n/a
Dividend $0.65 (11.23%)
Ex-Dividend Date Nov 15, 2024
Volume 23,323
Open 5.80
Previous Close 5.77
Day's Range 5.78 - 5.80
52-Week Range 4.98 - 5.91
Beta 0.59
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]

Sector Financials
Founded 2003
Country United States
Stock Exchange NYSE
Ticker Symbol JQC
Full Company Profile

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...

23 days ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

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...

Other symbols: JFRJGHJLSJMMJPCJPIJRI
5 months ago - Business Wire

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 ...

6 months ago - Seeking Alpha

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%.

9 months ago - Seeking Alpha

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...

Other symbols: JFRJGHJLSJMMJPCJPIJRI
1 year ago - Business Wire

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...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

Other symbols: JAAAJBBBOXLC
1 year ago - Seeking Alpha

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, ...

1 year ago - Business Wire

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...

1 year ago - Seeking Alpha

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 ...

Other symbols: CHICSQEFREFTJFRUTG
1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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%.

1 year ago - Seeking Alpha

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 ...

2 years ago - Seeking Alpha

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.

Other symbols: HYGJNKANGLHYT
2 years ago - Barrons

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...

Other symbols: AWFBDJBSTBTZBXMXDSLETV
2 years ago - Seeking Alpha

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.

2 years ago - Seeking Alpha

The 10 Best Closed-End Funds (CEFs) for 2022

These high-yielding CEFs won't just significantly boost your portfolio income. They'll also allow you to buy their underlying stocks and bonds at a discount.

Other symbols: BTTEMOGDVJRSMFMTEAFVVR
3 years ago - Kiplinger

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...

3 years ago - Seeking Alpha

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...

Other symbols: BGBBNDBRWECCFCTFRAHFRO
3 years ago - Seeking Alpha

CEF Weekly Market Review: Treasuries Remain In The Driver's Seat

CEF Weekly Market Review: Treasuries Remain In The Driver's Seat

Other symbols: DTFMMUPDI
3 years ago - Seeking Alpha

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...

3 years ago - Business Wire

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...

Other symbols: CMUCXECXHJHIOIAPFLPFN
3 years ago - Seeking Alpha

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...

3 years ago - Seeking Alpha