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

Nuveen Credit Strategies Income Fund (NYSE:JQCGet Free Report) announced a monthly dividend on Monday, April 1st, Zacks reports. Shareholders of record on Monday, April 15th will be paid a dividend of 0.054 per share by the investment management company on Wednesday, May 1st. This represents a $0.65 dividend on an annualized basis and a yield of 11.59%. The ex-dividend date is Friday, April 12th.

Nuveen Credit Strategies Income Fund has raised its dividend by an average of 29.3% annually over the last three years and has raised its dividend annually for the last 2 consecutive years.

Nuveen Credit Strategies Income Fund Price Performance

Shares of NYSE JQC opened at $5.59 on Wednesday. The firm has a fifty day moving average price of $5.47 and a 200-day moving average price of $5.22. Nuveen Credit Strategies Income Fund has a 1 year low of $4.82 and a 1 year high of $5.65.

Hedge Funds Weigh In On Nuveen Credit Strategies Income Fund

Several institutional investors have recently bought and sold shares of the business. LM Advisors LLC purchased a new position in Nuveen Credit Strategies Income Fund during the 4th quarter valued at $34,000. US Bancorp DE increased its stake in Nuveen Credit Strategies Income Fund by 59.0% in the 4th quarter. US Bancorp DE now owns 7,018 shares of the investment management company’s stock worth $37,000 after buying an additional 2,603 shares during the period. Nomura Holdings Inc. bought a new stake in Nuveen Credit Strategies Income Fund during the 2nd quarter valued at about $52,000. Lido Advisors LLC bought a new position in Nuveen Credit Strategies Income Fund in the first quarter worth approximately $55,000. Finally, Kingsview Wealth Management LLC purchased a new position in Nuveen Credit Strategies Income Fund during the 2nd quarter worth $60,000.

Nuveen Credit Strategies Income Fund Company Profile

(Get Free Report)

Nuveen Credit Strategies Income Fund is a closed-ended balanced mutual fund launched by Nuveen Investments, Inc The fund is managed by Symphony Asset Management, LLC. It invests in the fixed income and public equity markets of the United States. The fund invests in senior secured and second lien loans, preferred securities, convertible securities and related instruments.

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Dividend History for Nuveen Credit Strategies Income Fund (NYSE:JQC)

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