Nuveen Credit Strategies Income FundJQC
JQC
0
Funds holding %
of 7,398 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
337% more capital invested
Capital invested by funds: $222M [Q3] → $971M (+$749M) [Q4]
71% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 14
4% more funds holding
Funds holding: 140 [Q3] → 146 (+6) [Q4]
1.0% less ownership
Funds ownership: 28.62% [Q3] → 27.62% (-1.0%) [Q4]
13% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 48
50% less funds holding in top 10
Funds holding in top 10: 2 [Q3] → 1 (-1) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for JQC.
Financial journalist opinion
Based on 5 articles about JQC published over the past 30 days
Negative
Seeking Alpha
6 days ago
CEF Weekly Review: Fixed Distribution Policies Can Get Unfixed
We review the CEF market valuation and performance through the third week of March and highlight recent market action. Nearly all CEF sectors were up, with MLPs rebounding and loan funds lagging; month-to-date, most sectors remain down due to lower equity prices and wider credit spreads. Invesco credit CEFs VLT and VVR cancelled their fixed managed distribution policies with VVR price falling hard on the news.
Negative
Seeking Alpha
2 weeks ago
JQC: Tempting Distribution Rate, But Lack Of Coverage And Narrow Discount
Nuveen Credit Strategies Income Fund offers a high distribution rate into the double digits, but its narrow discount and weak distribution coverage raise concerns. JQC primarily invests in senior loans, high-yield corporate debt, and CLOs, with a hefty amount of leverage increasing both risk and potential returns. JQC has put up relatively strong performance against the senior loan and high-yield bond ETF benchmarks since the 'transition' but has performed more in line with other hybrid CEFs.
Neutral
Business Wire
2 weeks ago
Nuveen Credit Strategies Income Fund Announces Terms of Rights Offering
NEW YORK--(BUSINESS WIRE)--Nuveen Credit Strategies Income Fund (NYSE: JQC) today announced that its Board of Trustees (the “Board”) has approved the terms of the issuance of transferable rights (“Rights”) to the holders of the Fund's common shares (par value $.01 per share) (“Common Shares”) as of March 31, 2025 (the “Record Date”). Holders of Rights will be entitled to subscribe for additional Common Shares (the “Offer”) at a discount to the market price of the Common Shares. After considerin.
Neutral
Seeking Alpha
2 weeks ago
JQC: Questionable Distribution Coverage (Rating Downgrade)
I am downgrading JQC to a sell due to disappointing NAV growth and reliance on positive market momentum despite a favorable interest rate environment. JQC's portfolio is heavily weighted towards high-risk, below-investment-grade borrowers, which contributes to its poor NAV health and inconsistent distribution coverage. The fund's dividend yield is attractive at 11.7%, but its history of frequent cuts makes it unreliable for long-term income seekers.
Positive
Seeking Alpha
2 weeks ago
JQC: Attractive Yield, But The Fund Cannot Sustain It (Rating Downgrade)
The Nuveen Credit Strategies Income Fund offers an 11.76% yield, significantly higher than major bond indices, appealing to income-focused investors. The JQC closed-end fund's high yield raises concerns about its sustainability, especially given the Federal Reserve's expected interest rate cuts affecting floating-rate securities. Despite a recent 3.16% decline, the fund outperformed some peers but still faces risks due to its heavy investment in floating-rate securities.
Neutral
Seeking Alpha
3 months ago
JQC: This CEF Could Struggle For A Year Or Two
The Nuveen Credit Strategies Income Fund offers a high yield of 11.29%, outperforming major fixed-income indices but facing potential distribution cuts due to declining investment income. The fund's leverage at 38.23% boosts returns but also increases risk and volatility, making it less suitable for risk-averse investors. The fund's current allocation to traditional bonds exceeds its mandate, but this is not too bad since they provide more stable income.
Positive
Seeking Alpha
5 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
7 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
8 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
10 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.
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