Nuveen Credit Strategies Income Fund (JQC) To Go Ex-Dividend on October 15th

Nuveen Credit Strategies Income Fund (NYSE:JQC) announced a monthly dividend on Thursday, October 1st. Shareholders of record on Thursday, October 15th will be given a dividend of $0.0495 per share by the investment management company on Monday, November 2nd. This represents a $0.59 dividend on an annualized basis and a yield of 12.7%. The ex-dividend date is Thursday, October 15th.

Nuveen Credit Strategies Income Fund Trading Down 1.2%

JQC opened at $4.68 on Friday. The firm’s fifty day moving average price is $4.75 and its two-hundred day moving average price is $4.79. Nuveen Credit Strategies Income Fund has a fifty-two week low of $4.57 and a fifty-two week high of $5.31.

Nuveen Credit Strategies Income Fund Company Profile

Nuveen Credit Strategies Income Fund (NYSE: JQC) is a diversified, closed-end management investment company. The fund seeks to provide a high level of current income, with capital appreciation as a secondary objective, by investing in a portfolio of credit-related securities.

Its investments may include senior secured floating-rate loans, below-investment-grade corporate debt, high-yield bonds and other income-producing credit instruments. These securities are generally issued by companies across a range of industries and may include investments in structured credit markets, such as collateralized loan obligations.

JQC is managed by Nuveen Asset Management, LLC, an investment-management affiliate of Nuveen.