Nuveen Credit Strategies Income FundJQC
JQC
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.
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]
2% less funds holding
Funds holding: 142 [Q2] → 139 (-3) [Q3]
10.68% less ownership
Funds ownership: 39.3% [Q2] → 28.62% (-10.68%) [Q3]
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
25% less capital invested
Capital invested by funds: $296M [Q2] → $222M (-$73.8M) [Q3]
33% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 55
Research analyst outlook
We haven’t received any recent analyst ratings for JQC.
Financial journalist opinion
Positive
Seeking Alpha
2 months ago
JQC: The Golden Time For Entry Is Over, Distribution Cut Likely
Nuveen's Credit Strategies Income Fund offers high income through CLOs but carries elevated risk due to its significant exposure to below investment grade debt. JQC's current 11.1% dividend yield is attractive, but its reliance on return of capital for distributions raises sustainability concerns, especially with potential interest rate cuts. The fund's valuation appears overvalued, trading at a higher discount to NAV than usual.
Positive
24/7 Wall Street
3 months ago
Need $15,000 Passive Income? Buy These Dividend Stocks
24/7 Wall Street Insights Closed-End Mutual Funds (CEF) trade like stocks but provide comparable performance to their Open-End Mutual Fund cousins and may have additional advantages.
Neutral
Seeking Alpha
4 months ago
JQC: The Fund's Current Portfolio Positioning Appears Concerning
Nuveen Credit Strategies Income Fund offers a high level of current income with an attractive 11.47% yield. The fund invests in senior loans, high-yield corporate debt, and collateralized loan obligation debt, with a focus on floating-rate securities. The fund increased its floating-rate assets during the three-month period through April, which is the wrong approach if interest rates are cut.
Neutral
Business Wire
6 months ago
Nuveen Closed-End Funds Declare Distributions
NEW YORK--(BUSINESS WIRE)--Several Nuveen closed-end funds have declared distributions. These funds represent investment strategies for investors seeking diversified sources of cash flow to prepare for and sustain their retirement income needs. For further information regarding fund distributions, including earnings, undistributed net investment income, and notices, please visit www.nuveen.com/cef. Additionally, several funds have announced distribution increases of up to 71%. The distribution.
Positive
24/7 Wall Street
7 months ago
Want $2000 Per Month In Passive Income? Invest $30,000 In These Stocks
Name: Yield: Monthly Dividend income Orchid Island Capital (NYSE: ORC) 17.06% $426.50 AGNC Investment Corp.
Positive
Seeking Alpha
7 months ago
JQC: This Debt Fund Should Satisfy Most Income Seekers Today
Nuveen Credit Strategies Income Fund offers a high yield of 11.61%, outperforming the market indices. The JQC closed-end fund's high allocation to floating-rate securities is favorable in the current interest rate environment. The fund's leverage is higher than its peers, which increases risk but also potential returns.
Positive
24/7 Wall Street
10 months ago
Want $5000 in Passive Income? Invest $5000 in These 7 Funds
Work smarter, not harder, the adage tells us. One way to do that is with passive income, which is derived from ownership rather than labor or active involvement in an enterprise.
Negative
Seeking Alpha
10 months ago
JQC: 12% Yielding Fixed Income CEF, Currently Overpriced
Nuveen Credit Strategies Income Fund is a fixed income CEF focused on leveraged loans, with a high distribution rate of 12%.
Neutral
Business Wire
1 year ago
Nuveen Closed-End Funds Declare Distributions and Updates to Distribution Policies
NEW YORK--(BUSINESS WIRE)--Nuveen Closed-End Funds today announced that the Board of Trustees of the Funds has approved the regular monthly and quarterly distributions. In addition, the Board of Trustees has approved updated distribution polices described below under “Monthly & Quarterly Distributions” for The Nuveen Preferred & Income Opportunities Fund (NYSE: JPC), Nuveen Preferred and Income Term Fund (NYSE: JPI), Nuveen Variable Rate Preferred & Income Fund (NYSE: NPFD), Nuveen.
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