Nuveen Credit Strategies Income Fund (NYSE:JQC) to Issue $0.05 Monthly Dividend

Nuveen Credit Strategies Income Fund (NYSE:JQC) announced a monthly dividend on Monday, February 2nd. Investors of record on Friday, February 13th will be given a dividend of 0.054 per share by the investment management company on Monday, March 2nd. This represents a c) annualized dividend and a yield of 12.6%. The ex-dividend date of this dividend is Friday, February 13th.

Nuveen Credit Strategies Income Fund Stock Performance

Shares of Nuveen Credit Strategies Income Fund stock traded down $0.01 on Tuesday, hitting $5.13. The company had a trading volume of 327,090 shares, compared to its average volume of 929,426. Nuveen Credit Strategies Income Fund has a 1 year low of $4.60 and a 1 year high of $5.61. The stock has a 50 day moving average of $5.07 and a 200-day moving average of $5.23.

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.