Nuveen Credit Strategies Income Fund logo

Nuveen Credit Strategies Income Fund (JQC)

Market Closed
17 Jul, 20:00
NYSE NYSE
$
4. 75
-0.03
-0.6276%
$
705.09M Market Cap
- Div Yield
826,400 Volume
$ 4.78
Previous Close
Add Transaction
Day Range
4.75 4.79
Year Range
4.62 5.58
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JQC: The Fund's Current Portfolio Positioning Appears Concerning

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.

Seekingalpha | 1 year ago