Nuveen Credit Strategies Income Fund (NYSE:JQC – Get Free Report) shares passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $4.78 and traded as low as $4.64. Nuveen Credit Strategies Income Fund shares last traded at $4.6550, with a volume of 530,056 shares trading hands.
Nuveen Credit Strategies Income Fund Stock Performance
The business’s 50 day moving average price is $4.73 and its 200-day moving average price is $4.78.
Nuveen Credit Strategies Income Fund Announces Dividend
The business also recently declared a monthly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Thursday, October 15th will be issued a $0.0495 dividend. This represents a $0.59 annualized dividend and a yield of 12.8%. The ex-dividend date of this dividend is Thursday, October 15th.
Institutional Investors Weigh In On Nuveen Credit Strategies Income Fund
Nuveen Credit Strategies Income Fund Company Profile
Nuveen Credit Strategies Income Fund is a closed-end management investment company listed on the New York Stock Exchange under the symbol JQC. The fund seeks to provide current income and total return by investing in a diversified portfolio of credit-related securities.
Its investments may include senior secured loans, below-investment-grade corporate debt, high-yield bonds, collateralized loan obligations and other floating-rate or structured credit instruments. These securities are generally issued by companies across a range of industries and may include investments in U.S.
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