NYSE : JQC
$0.01 (0.21%)
NYSE
Gunther Maurice Stein
Asset Management - Income
Financial Services
JQC
N/A
US
USD
415-676-4000
67073D102
0001227476
0.61
0.29
0.29
0.00
1.94
$107.28M
7.40
0.87
7.66
0.62
$0.43
$63.99M
50.54%
50.54%
5.83%
3.42%
14.42
-0.31
-0.31
3/5
0 Analysts
%
0.76
7/9
-$320.9M
$1.41B
$592.91M
$232.49M
$1.2B
12.57
15.96
0.29
5.83%
5.73%
6.85%
13.08%
$6.34
-2942 days
| Name | Title |
|---|---|
| Gunther Maurice Stein | Portfolio Manager |
| Sutanto Widjaja | Portfolio Manager |
| Eric C. Olson | Portfolio Manager and Director of international equity strategies |
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About Nuveen Credit Strategies Income Fund (NYSE:JQC) Stock
The Nuveen Credit Strategies Income Fund, a closed-end balanced mutual fund, was established by Nuveen Investments, Inc. and is actively managed by Symphony Asset Management, LLC. This U.S.-domiciled fund, formed on June 25, 2003, and previously known as Nuveen Multi-Strategy Income & Growth Fund 2, strategically allocates capital within the fixed income and public equity markets of the United States. Its investment mandate specifically targets senior secured and second-lien loans, preferred securities, convertible securities, and other related instruments, with a primary objective to acquire investment-grade securities. Portfolio construction is grounded in a fundamental analysis approach, emphasizing bottom-up security selection. This analytical framework thoroughly considers elements su ... ch as prevailing interest rate levels, the evolving conditions and trends within both bond and equity markets, comparative valuations of preferred, convertible, and other debt instruments, alongside broader economic and market indicators like the overall economic outlook and inflation. The fund incorporates leverage into its operations and measures its performance against the Barclays Capital U.S. Aggregate Bond Index.
JQC: Rate Increase Can Erode The NAV Further
2026-06-01 10:08:29
Nuveen Credit Strategies Income Fund remains a sell due to persistent NAV erosion, unsustainable payouts, and heightened credit risk. JQC trades at a 10.89% discount to NAV, but this reflects ongoing challenges rather than a buying opportunity. The fund's 12.3% yield is likely unsustainable; a 30% dividend cut may be necessary to preserve NAV and future performance.
Frequently Asked Questions
What is the current Nuveen Credit Strategies Income Fund (JQC) stock price?
Nuveen Credit Strategies Income Fund(NYSE:JQC) stock price is $4.76 in the last trading session. During the trading session, JQC stock reached the peak price of $5.58 while $4.62 was the lowest point it dropped to. The percentage change in JQC stock occurred in the recent session was 0.21% while the dollar amount for the price change in JQC stock was $0.01.
JQC's industry and sector of operation?
The NYSE listed JQC is part of Asset Management - Income industry that operates in the broader Financial Services sector.
Who are the executives of JQC?
Gunther Maurice Stein
| Portfolio Manager
Sutanto Widjaja
| Portfolio Manager
Eric C. Olson
| Portfolio Manager and Director of international equity strategies
|
|
How many employees does JQC have?
Number of JQC employees currently stands at None. JQC operates from 555 California Street, San Francisco, CA 94104-1503, US.
Link for JQC official website?
Official Website of JQC is: https://www.nuveen.com/CEF/Product/Overview.aspx?FundCode=JQC&refsrc=vu_nuveen.com/jqc
How do I contact JQC?
JQC could be contacted at phone #415-676-4000 and can also be accessed through its website. JQC operates from 555 California Street, San Francisco, CA 94104-1503, US.
How many shares of JQC are traded daily?
The average number of JQC shares traded daily for last 3 months was 609.69K.
What is the market cap of JQC currently?
The market value of JQC currently stands at $703.61M with its latest stock price at $4.76