Nuveen Credit Strategies Income Fund (JQC) to Issue Monthly Dividend of $0.05 on February 2nd

Nuveen Credit Strategies Income Fund (NYSE:JQC) declared a monthly dividend on Friday, January 2nd. Stockholders of record on Thursday, January 15th will be paid a dividend of 0.054 per share by the investment management company on Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 12.6%. The ex-dividend date is Thursday, January 15th.

Nuveen Credit Strategies Income Fund Price Performance

JQC opened at $5.15 on Tuesday. The company’s 50 day moving average is $5.05 and its 200 day moving average is $5.26. Nuveen Credit Strategies Income Fund has a 12-month low of $4.60 and a 12-month high of $5.70.

About Nuveen Credit Strategies Income Fund

Nuveen Credit Strategies Income Fund (NYSE: JQC) is a closed-end, diversified management investment company that seeks to provide current income while preserving capital. The fund pursues its objective by investing primarily in a broad range of credit instruments, including corporate debt obligations, bank loans, mortgage-related and asset-backed securities, and credit-linked notes. Through active portfolio management, JQC aims to capture income opportunities across different sectors and credit quality tiers.

JQC’s portfolio construction emphasizes flexibility, enabling the fund to shift allocations among investment-grade and below-investment-grade credit depending on market conditions.