Nuveen Credit Strategies Income Fund (NYSE:JQC) Shares Set to Pay Monthly Dividend of $0.05

by · The Markets Daily

Nuveen Credit Strategies Income Fund (NYSE:JQC – Get Free Report) declared a monthly dividend on Thursday, October 1st. Shareholders of record on Thursday, October 15th will be paid 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 12.5%. The ex-dividend date is Thursday, October 15th.

Nuveen Credit Strategies Income Fund Price Performance

Nuveen Credit Strategies Income Fund stock opened at $4.75 on Friday. Nuveen Credit Strategies Income Fund has a 12 month low of $4.57 and a 12 month high of $5.33. The business’s fifty day simple moving average is $4.75 and its two-hundred day simple moving average is $4.79.

About Nuveen Credit Strategies Income Fund

(Get Free Report)

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.

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