Nuveen Credit Strategies Income Fund (NYSE:JQC – Get Free Report) announced a monthly dividend on Tuesday, September 1st. Investors of record on Tuesday, September 15th will be paid a dividend of 0.0495 per share by the investment management company on Thursday, October 1st. This represents a c) annualized dividend and a dividend yield of 12.6%. The ex-dividend date is Tuesday, September 15th.
Nuveen Credit Strategies Income Fund Stock Performance
Shares of JQC stock opened at $4.71 on Friday. Nuveen Credit Strategies Income Fund has a fifty-two week low of $4.62 and a fifty-two week high of $5.49. The stock’s fifty day moving average is $4.78 and its two-hundred day moving average is $4.80.
About Nuveen Credit Strategies Income Fund
Nuveen Credit Strategies Income Fund (NYSE: JQC) is a closed-end, diversified management investment company that seeks to provide current income while preserving capital. The fund pursues its objective by investing primarily in a broad range of credit instruments, including corporate debt obligations, bank loans, mortgage-related and asset-backed securities, and credit-linked notes. Through active portfolio management, JQC aims to capture income opportunities across different sectors and credit quality tiers.
JQC’s portfolio construction emphasizes flexibility, enabling the fund to shift allocations among investment-grade and below-investment-grade credit depending on market conditions.
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