Somewhat Positive News Coverage Somewhat Unlikely to Impact Nuveen Credit Strategies Income Fund (NYSE:JQC) Stock Price
Headlines about Nuveen Credit Strategies Income Fund (NYSE:JQC) have been trending somewhat positive on Friday, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Nuveen Credit Strategies Income Fund earned a news impact score of 0.15 on Accern’s scale. Accern also assigned press coverage about the investment management company an impact score of 49.0728334656709 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of Nuveen Credit Strategies Income Fund (NYSE JQC) opened at 8.46 on Friday. Nuveen Credit Strategies Income Fund has a one year low of $8.12 and a one year high of $9.06. The company’s 50-day moving average is $8.57 and its 200-day moving average is $8.73.
The firm also recently declared a monthly dividend, which will be paid on Friday, September 1st. Stockholders of record on Tuesday, August 15th will be given a dividend of $0.052 per share. This represents a $0.62 annualized dividend and a dividend yield of 7.38%. The ex-dividend date of this dividend is Friday, August 11th.
Nuveen Credit Strategies Income Fund Company Profile
Nuveen Credit Strategies Income Fund is a diversified closed-end management investment company. The Fund’s investment objectives are high current income and total return. The Fund meets its investment objectives by investing approximately 70% of its managed assets in senior secured and second lien loans, and up to 30% of its managed assets across the capital structure of companies (including equity securities) with a primary focus on high yield bonds, convertible securities and other forms of income-producing securities.
Receive News & Stock Ratings for Nuveen Credit Strategies Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Credit Strategies Income Fund and related stocks with our FREE daily email newsletter.