NYSE:JQC

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Nuveen Credit Strategies Income Fund

Executive Summary

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


Snowflake Analysis

Share Price & News

How has Nuveen Credit Strategies Income Fund's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: JQC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: JQC's weekly volatility (2%) has been stable over the past year.


Market Performance


7 Day Return

1.0%

JQC

0.2%

US Capital Markets

-1.4%

US Market


1 Year Return

-12.5%

JQC

33.4%

US Capital Markets

37.1%

US Market

Return vs Industry: JQC underperformed the US Capital Markets industry which returned 33.4% over the past year.

Return vs Market: JQC underperformed the US Market which returned 37.1% over the past year.


Shareholder returns

JQCIndustryMarket
7 Day1.0%0.2%-1.4%
30 Day-0.7%7.6%1.6%
90 Day3.0%18.4%7.3%
1 Year2.8%-12.5%36.8%33.4%40.2%37.1%
3 Year18.5%-20.8%41.4%30.9%62.5%52.1%
5 Year47.4%-14.9%152.2%120.9%133.9%108.0%

Long-Term Price Volatility Vs. Market

How volatile is Nuveen Credit Strategies Income Fund's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Nuveen Credit Strategies Income Fund undervalued compared to its fair value and its price relative to the market?

0.93x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: JQC ($6.41) is trading above our estimate of fair value ($2.51)

Significantly Below Fair Value: JQC is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: JQC is unprofitable, so we can't compare its PE Ratio to the US Capital Markets industry average.

PE vs Market: JQC is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate JQC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: JQC is good value based on its PB Ratio (0.9x) compared to the US Capital Markets industry average (10.7x).

Future Growth

How is Nuveen Credit Strategies Income Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.4%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Nuveen Credit Strategies Income Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Nuveen Credit Strategies Income Fund performed over the past 5 years?

5.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JQC is currently unprofitable.

Growing Profit Margin: JQC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: JQC is unprofitable, but has reduced losses over the past 5 years at a rate of 5.3% per year.

Accelerating Growth: Unable to compare JQC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: JQC is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (8%).


Return on Equity

High ROE: JQC has a negative Return on Equity (-7.01%), as it is currently unprofitable.

Financial Health

How is Nuveen Credit Strategies Income Fund's financial position?


Financial Position Analysis

Short Term Liabilities: JQC's short term assets ($39.7M) do not cover its short term liabilities ($580.9M).

Long Term Liabilities: JQC has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: JQC's debt to equity ratio (55.6%) is considered high.

Reducing Debt: JQC's debt to equity ratio has reduced from 59.5% to 55.6% over the past 5 years.

Debt Coverage: JQC's debt is well covered by operating cash flow (64.9%).

Interest Coverage: JQC is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet

Dividend

What is Nuveen Credit Strategies Income Fund current dividend yield, its reliability and sustainability?

17.64%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: JQC's dividend (17.64%) is higher than the bottom 25% of dividend payers in the US market (1.33%).

High Dividend: JQC's dividend (17.64%) is in the top 25% of dividend payers in the US market (3.7%)


Stability and Growth of Payments

Stable Dividend: JQC's dividends per share have been stable in the past 10 years.

Growing Dividend: JQC's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: JQC is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Management

How experienced are the management team and are they aligned to shareholders interests?

13.6yrs

Average board tenure


CEO

Nuveen Credit Strategies Income Fund has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
David Kundert
Independent Trustee16yrsUS$4.99kno data
William Adams
Interested Trustee7.42yrsno datano data
William Schneider
Independent Chairman7.58yrsUS$6.18kno data
Robert Bremner
Independent Trustee25.08yrsUS$7.08kno data
Judith Stockdale
Independent Trustee24.08yrsUS$4.83k0.0014%
$ 12.0k
Jack Evans
Independent Trustee22.08yrsUS$5.11kno data
Thomas Schreier
Interested Trustee7.42yrsno datano data
Virginia Stringer
Independent Trustee10.08yrsUS$4.53kno data
William Hunter
Independent Trustee17yrsUS$4.56kno data
Terence Toth
Independent Trustee13.08yrsUS$5.21kno data
John Nelson
Independent Trustee7.42yrsUS$3.71kno data
Carole Stone
Independent Trustee14.08yrsUS$5.04kno data

13.6yrs

Average Tenure

72.5yo

Average Age

Experienced Board: JQC's board of directors are seasoned and experienced ( 13.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Nuveen Credit Strategies Income Fund's company bio, employee growth, exchange listings and data sources


Key Information


Location

  • Nuveen Credit Strategies Income Fund
  • 555 California Street
  • Suite 2975
  • San Francisco
  • California
  • 94104-1503
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JQCNYSE (New York Stock Exchange)YesCommon SharesUSUSDJun 2003

Biography

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 pu...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/25 00:28
End of Day Share Price2021/02/24 00:00
Earnings2020/07/31
Annual Earnings2020/07/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.