Nuveen Credit Strategies Price, Forecast, Insider, Ratings, Fundamentals & Signals

New york--(business wire)--nuveen closed-end funds today announced that the board of trustees of the funds has approved the regular monthly and quarterly distributions. in addition, the board of trustees has approved updated distribution polices described below under “monthly & quarterly distributions” for the nuveen preferred & income opportunities fund (nyse: jpc), nuveen preferred and income term fund (nyse: jpi), nuveen variable rate preferred & income fund (nyse: npfd), nuveen.

New york--(business wire)--nuveen credit strategies income fund (nyse: jqc) has announced an update to its portfolio management team. effective immediately, himani trivedi, head of structured credit, joins scott caraher, head of senior loans, and kevin lorenz, head of high yield, as portfolio managers of jqc. himani is head of structured credit at nuveen. she is responsible for managing loans and investments in structured credit across nuveen-managed collateralized loan obligations (clos) and v.

New york--(business wire)--nuveen credit strategies income fund (nyse: jqc) today announced that the board of trustees of the fund has approved the suspension of the fund's previously announced capital return plan and has approved the adoption of a new level distribution policy. under the new policy, the fund is declaring the distribution rate outlined below. the following dates apply to today's declaration: record date october 15, 2021 ex-dividend date october 14, 2021 payable date november 1,

New york--(business wire)--nuveen: nuveen amt-free municipal credit income fund (nyse: nvg), nuveen amt-free municipal value fund (nyse: nuw), nuveen amt-free quality municipal income fund (nyse: nea), nuveen arizona quality municipal income fund (nyse: naz), nuveen california amt-free quality municipal income fund (nyse: nkx), nuveen california municipal value fund 2 (nyse: ncb), nuveen california quality municipal income fund (nyse: nac), nuveen california select tax-free income portfolio (nyse: nxc), nuveen core equity alpha fund (nyse: jce), nuveen corporate income 2023 target term fund (nyse: jhaa), nuveen corporate income november 2021 target term fund (nyse: jhb), nuveen credit opportunities 2022 target term fund (nyse: jco), nuveen credit strategies income fund (nyse: jqc), nuveen diversified dividend and income fund (nyse: jdd), nuveen dow 30sm dynamic overwrite fund (nyse: diax), nuveen dynamic municipal opportunities fund (nyse: ndmo), nuveen emerging markets debt 2022 target term fund (nyse: jemd), nuveen enhanced municipal value fund (nyse: nev), nuveen floating rate income fund (nyse: jfr), nuveen floating rate income opportunity fund (nyse: jro), nuveen georgia quality municipal income fund (nyse: nkg), nuveen global high income fund (nyse: jgh), nuveen high income 2020 target term fund (nyse: jhy), nuveen intermediate duration municipal term fund (nyse: nid), nuveen intermediate duration quality municipal term fund (nyse: niq), nuveen maryland quality municipal income fund (nyse: nmy), nuveen massachusetts quality municipal income fund (nyse: nmt), nuveen michigan quality municipal income fund (nyse: num), nuveen minnesota quality municipal income fund (nyse: nms), nuveen missouri quality municipal income fund (nyse: nom), nuveen mortgage and income fund (nyse: jls), nuveen multi-market income fund (nyse: jmm), nuveen municipal 2021 target term fund (nyse: nha), nuveen municipal credit income fund (nyse: nzf), nuveen municipal credit opportunities fund (nyse: nmco), nuveen municipal high income opportunity fund (nyse: nmz), nuveen nasdaq 100 dynamic overwrite fund (nasdaq: qqqx), nuveen new jersey municipal value fund (nyse: njv), nuveen new jersey quality municipal income fund (nyse: nxj), nuveen new york amt-free quality municipal income fund (nyse: nrk), nuveen new york municipal value fund 2 (nyse: nyv), nuveen new york quality municipal income fund (nyse: nan), nuveen new york select tax-free income portfolio (nyse: nxn), nuveen ohio quality municipal income fund (nyse: nuo), nuveen pennsylvania municipal value fund (nyse: npn), nuveen pennsylvania quality municipal income fund (nyse: nqp), nuveen preferred & income opportunities fund (nyse: jpc), nuveen preferred & income securities fund (nyse: jps), nuveen preferred and income 2022 term fund (nyse: jpt), nuveen preferred and income term fund (nyse: jpi), nuveen quality municipal income fund (nyse: nad), nuveen real asset income and growth fund (nyse: jri), nuveen real estate income fund (nyse: jrs), nuveen s&p 500 buy-write income fund (nyse: bxmx), nuveen s&p 500 dynamic overwrite fund (nyse: spxx), nuveen select maturities municipal fund (nyse: nim), nuveen select tax-free income portfolio (nyse: nxp), nuveen select tax-free income portfolio 2 (nyse: nxq), nuveen select tax-free income portfolio 3 (nyse: nxr), nuveen senior income fund (nyse: nsl), nuveen short duration credit opportunities fund (nyse: jsd), nuveen taxable municipal income fund (nyse: nbb), nuveen tax-advantaged dividend growth fund (nyse: jtd), nuveen tax-advantaged total return strategy fund (nyse: jta), nuveen virginia quality municipal income fund (nyse: npv) (each a fund and together, the funds) after a rigorous and deliberative review, and consistent with the interests of the funds’ long-term shareholders, the board of trustees of each fund has adopted amended and restated by-laws (by-laws) for the funds...

New york--(business wire)--portfolio manager responsibilities for twelve closed-end funds have been updated. michael ainge, anders persson, bernard wong and jenny rhee are being removed as portfolio managers from several funds. jake fitzpatrick, chris williams and kevin lorenz are being added as portfolio managers to several funds. portfolio manager changes by fund are detailed in the table below. there will be no impact on the investment approach, investment strategies or any of the fund’s investment objectives or policies. ticker fund current portfolio management team portfolio management team as of 8/17/2020 portfolio management team as of 10/1/2020 jgh nuveen global high income fund kevin lorenz anders persson michael ainge kevin lorenz anders persson jake fitzpatrick no change jhy nuveen high income 2020 target term fund kevin lorenz anders persson michael ainge kevin lorenz anders persson no change jhb nuveen high income november 2021 target term fund kevin lorenz anders persson michael ainge kevin lorenz anders persson jake fitzpatrick chris williams kevin lorenz jake fitzpatrick chris williams jhaa nuveen high income 2023 target term fund kevin lorenz anders persson michael ainge kevin lorenz anders persson jake fitzpatrick chris williams kevin lorenz jake fitzpatrick chris williams jqc nuveen credit strategies income fund bernard wong scott caraher jenny rhee scott caraher jenny rhee kevin lorenz scott caraher kevin lorenz jfr nuveen floating rate income fund scott caraher jenny rhee scott caraher jenny rhee kevin lorenz scott caraher kevin lorenz jro nuveen floating rate income opportunity fund scott caraher jenny rhee scott caraher jenny rhee kevin lorenz scott caraher kevin lorenz nsl nuveen senior income fund scott caraher jenny rhee scott caraher jenny rhee kevin lorenz scott caraher kevin lorenz jsd nuveen short duration credit opportunities fund scott caraher jenny rhee scott caraher jenny rhee kevin lorenz scott caraher kevin lorenz jco nuveen credit opportunities 2022 target term fund jenny rhee scott caraher scott caraher jenny rhee kevin lorenz jake fitzpatrick scott caraher kevin lorenz jake fitzpatrick jdd nuveen diversified dividend and income fund james stephenson thomas ray susi budiman scott caraher jenny rhee anthony manno kenneth statz kevin bedell nathan gear james valone kevin murphy no change james stephenson thomas ray susi budiman scott caraher anthony manno kenneth statz kevin bedell nathan gear james valone kevin murphy jta nuveen tax-advantaged total return strategy fund james stephenson thomas ray susi budiman scott caraher jenny rhee no change james stephenson thomas ray susi budiman scott caraher the following provides information about each new portfolio manager’s business experience...

Nuveen Credit Strategies Income Fund offers a high yield of 11.61%, outperforming the market indices. The JQC closed-end fund's high allocation to floating-rate securities is favorable in the current interest rate environment. The fund's leverage is higher than its peers, which increases risk but also potential returns.

Work smarter, not harder, the adage tells us. One way to do that is with passive income, which is derived from ownership rather than labor or active involvement in an enterprise.

JQC: 12% Yielding Fixed Income CEF, Currently Overpriced

Nuveen Credit Strategies Income Fund offers a high level of current income with a yield of 13.42%. The JQC closed-end fund primarily invests in senior loans, high yield corporate debt, and collateralized loan obligation debt. The JQC fund employs leverage to boost its effective yield, but its leverage ratio is relatively high at 38.81% of its portfolio.

Nuveen Credit Strategies Income Fund (JQC) is undergoing a transition with a new portfolio manager and several investment policy changes. The fund's discount to NAV has been persistent, but the current discount may make it an attractive choice as it could suggest limited downside from further discount expansion. Along with the investment policy change of the fund, it will remain a primarily floating rate-focused CEF, and they also bumped up their monthly distribution.

We review CEF market valuation and performance through the second week of August and highlight recent market action. CEFs rallied slightly on the week but remain in the hold in August. CEF distribution changes may affect the historical relative value relationships of similar funds.

We review CEF market valuation and performance through the second week of July and highlight recent market action. CEFs had a good week overall as NAVs gained, however, discounts remain sluggish. The net income profile of some CEFs has turned negative, owing to a high cost of leverage.

Investors are in desperate need of income today due to the rapidly rising cost of living. Nuveen Credit Strategies Income Fund invests in a portfolio of floating-rate securities, which are much better than traditional bonds in a rising rate regime.

The JQC fund invests primarily in senior secured and second lien loans. The fund pays a high monthly distribution, currently yielding 10.5%.

JQC invests in a portfolio of fixed-income assets to provide its investors with a high yield. The majority of the fund's assets are invested in floating-rate bank loans, although the fund trades like a bond fund.