Nuveen Credit Strategies Income FundJQC
Market Cap: $774M
About: Nuveen Credit Strategies Income Fund is a diversified closed-end management investment company. Its investment objective is to provide high current income and total return. The fund meets its investment objectives by investing its managed assets in senior secured and second lien loans, and its managed assets across the capital structure of companies (including equity securities) with a primary emphasis on high yield bonds, convertible securities and other forms of income-producing securities.
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
26% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 38
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
3% less funds holding
Funds holding: 146 [Q1] → 141 (-5) [Q2]
12.66% less ownership
Funds ownership: 43.66% [Q1] → 31.0% (-12.66%) [Q2]
22% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 23
29% less capital invested
Capital invested by funds: $330M [Q1] → $233M (-$96.9M) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for JQC.