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Nuveen Credit Strategies Income Fund NYSE:JQC Stock Report

Last Price

US$5.47

Market Cap

US$741.8m

7D

-2.0%

1Y

8.7%

Updated

14 Apr, 2024

Data

Company Financials

Nuveen Credit Strategies Income Fund

NYSE:JQC Stock Report

Market Cap: US$741.8m

JQC Stock Overview

Nuveen Credit Strategies Income Fund is a closed-ended balanced mutual fund launched by Nuveen Investments, Inc.

JQC fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health1/6
Dividends2/6

Nuveen Credit Strategies Income Fund Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Nuveen Credit Strategies Income Fund
Historical stock prices
Current Share PriceUS$5.47
52 Week HighUS$5.65
52 Week LowUS$4.82
Beta0.59
1 Month Change-1.44%
3 Month Change4.39%
1 Year Change8.75%
3 Year Change-16.74%
5 Year Change-31.37%
Change since IPO-63.70%

Recent News & Updates

JQC: 12% Yielding Fixed Income CEF, Currently Overpriced

Feb 16

JQC: A Tactical Bond Fund That Could Be Worth Considering

Oct 30

JQC: New Investment Policies, New Increased Distribution And Tempting Discount

Aug 24

Recent updates

JQC: 12% Yielding Fixed Income CEF, Currently Overpriced

Feb 16

JQC: A Tactical Bond Fund That Could Be Worth Considering

Oct 30

JQC: New Investment Policies, New Increased Distribution And Tempting Discount

Aug 24

JQC: Good Historical Performance, But Distribution May Be Strained

Aug 09

JQC: A High Yield Trap

Feb 03

Nuveen Credit Strategies Income Fund declares $0.0475 dividend

Jan 11

Nuveen Credit Strategies Income Fund declares $0.0475 dividend

Dec 06

JQC: An Attractive Fixed-Income Fund For Today's World

Nov 16

Nuveen Credit Strategies Income Fund increases dividend by 763%

Nov 04

Nuveen Credit Strategies Income Fund declares $0.042 dividend

Oct 06

Nuveen Credit Strategies Income Fund goes ex-dividend tomorrow

Sep 13

Nuveen Credit Strategies Income Fund declares $0.042 dividend

Aug 08

JQC: Discount Expands Further For This Senior Loan Fund

Jul 04

JQC: An Interesting Idea For Higher Rates

Jan 08

JQC: A High-Yielding Bond Fund With A Nice Discount

Sep 08

JQC: Beat The Fed With This High-Yield CEF

Jun 22

Nuveen Credit Strategies Income Fund declares $0.0724 dividend

Feb 04

Nuveen Credit Strategies Income Fund declares $0.0767 dividend

Jan 05

Nuveen Credit Strategies Income Fund declares $0.81 dividend

Dec 02

Shareholder Returns

JQCUS Capital MarketsUS Market
7D-2.0%-3.1%-1.7%
1Y8.7%25.4%22.9%

Return vs Industry: JQC underperformed the US Capital Markets industry which returned 25.4% over the past year.

Return vs Market: JQC underperformed the US Market which returned 22.9% over the past year.

Price Volatility

Is JQC's price volatile compared to industry and market?
JQC volatility
JQC Average Weekly Movement1.5%
Capital Markets Industry Average Movement3.3%
Market Average Movement6.1%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: JQC has not had significant price volatility in the past 3 months.

Volatility Over Time: JQC's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003n/an/awww.nuveen.com/CEF/Product/Overview.aspx?FundCode=JQC&refsrc=vu_nuveen.com/jqc

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.

Nuveen Credit Strategies Income Fund Fundamentals Summary

How do Nuveen Credit Strategies Income Fund's earnings and revenue compare to its market cap?
JQC fundamental statistics
Market capUS$741.78m
Earnings (TTM)US$77.54m
Revenue (TTM)US$117.54m

9.6x

P/E Ratio

6.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
JQC income statement (TTM)
RevenueUS$117.54m
Cost of RevenueUS$0
Gross ProfitUS$117.54m
Other ExpensesUS$40.00m
EarningsUS$77.54m

Last Reported Earnings

Jan 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.57
Gross Margin100.00%
Net Profit Margin65.97%
Debt/Equity Ratio61.6%

How did JQC perform over the long term?

See historical performance and comparison

Dividends

11.8%

Current Dividend Yield

96%

Payout Ratio
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