Nuveen Credit Strategies Income Fund Past Earnings Performance
Past criteria checks 2/6
Nuveen Credit Strategies Income Fund's earnings have been declining at an average annual rate of -4.5%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 0.3% per year. Nuveen Credit Strategies Income Fund's return on equity is 9.7%, and it has net margins of 66%.
Key information
-4.5%
Earnings growth rate
-4.5%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 0.3% |
| Return on equity | 9.7% |
| Net Margin | 66.0% |
| Last Earnings Update | 31 Jan 2024 |
Recent past performance updates
No updates
Recent updates
JQC: 12% Yielding Fixed Income CEF, Currently Overpriced
Feb 16JQC: A Tactical Bond Fund That Could Be Worth Considering
Oct 30JQC: New Investment Policies, New Increased Distribution And Tempting Discount
Aug 24JQC: Good Historical Performance, But Distribution May Be Strained
Aug 09JQC: A High Yield Trap
Feb 03Nuveen Credit Strategies Income Fund declares $0.0475 dividend
Jan 11Nuveen Credit Strategies Income Fund declares $0.0475 dividend
Dec 06JQC: An Attractive Fixed-Income Fund For Today's World
Nov 16Nuveen Credit Strategies Income Fund increases dividend by 763%
Nov 04Nuveen Credit Strategies Income Fund declares $0.042 dividend
Oct 06Nuveen Credit Strategies Income Fund goes ex-dividend tomorrow
Sep 13Nuveen Credit Strategies Income Fund declares $0.042 dividend
Aug 08JQC: Discount Expands Further For This Senior Loan Fund
Jul 04JQC: An Interesting Idea For Higher Rates
Jan 08JQC: A High-Yielding Bond Fund With A Nice Discount
Sep 08JQC: Beat The Fed With This High-Yield CEF
Jun 22Nuveen Credit Strategies Income Fund declares $0.0724 dividend
Feb 04Nuveen Credit Strategies Income Fund declares $0.0767 dividend
Jan 05Nuveen Credit Strategies Income Fund declares $0.81 dividend
Dec 02Revenue & Expenses BreakdownBeta
How Nuveen Credit Strategies Income Fund makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Jan 24 | 118 | 78 | 13 | 0 |
| 31 Oct 23 | 113 | 58 | 13 | 0 |
| 31 Jul 23 | 109 | 38 | 13 | 0 |
| 30 Apr 23 | 99 | -7 | 13 | 0 |
| 31 Jan 23 | 88 | -52 | 13 | 0 |
| 31 Oct 22 | 78 | -49 | 13 | 0 |
| 31 Jul 22 | 68 | -46 | 13 | 0 |
| 30 Apr 22 | 66 | 3 | 13 | 0 |
| 31 Jan 22 | 64 | 52 | 14 | 0 |
| 31 Oct 21 | 64 | 86 | 14 | 0 |
| 31 Jul 21 | 65 | 120 | 13 | 0 |
| 30 Apr 21 | 68 | 57 | 13 | 0 |
| 31 Jan 21 | 72 | -6 | 13 | 0 |
| 31 Oct 20 | 78 | -36 | 14 | 0 |
| 31 Jul 20 | 85 | -65 | 14 | 0 |
| 30 Apr 20 | 92 | 11 | 15 | 0 |
| 31 Jan 20 | 99 | 88 | 16 | 0 |
| 31 Oct 19 | 101 | 63 | 16 | 0 |
| 31 Jul 19 | 103 | 39 | 16 | 0 |
| 30 Apr 19 | 102 | 28 | 16 | 0 |
| 31 Jan 19 | 100 | 16 | 16 | 0 |
| 31 Oct 18 | 98 | 30 | 16 | 0 |
| 31 Jul 18 | 97 | 44 | 17 | 0 |
| 30 Apr 18 | 98 | 45 | 17 | 0 |
| 31 Jan 18 | 98 | 45 | 17 | 0 |
| 31 Oct 17 | 101 | 70 | 17 | 0 |
| 31 Jul 17 | 103 | 95 | 17 | 0 |
| 30 Apr 17 | 104 | 131 | 17 | 0 |
| 31 Jan 17 | 106 | 168 | 17 | 0 |
| 31 Oct 16 | 107 | 82 | 17 | 0 |
| 31 Jul 16 | 108 | -4 | 17 | 0 |
| 30 Apr 16 | 111 | -46 | 18 | 0 |
| 31 Jan 16 | 113 | -87 | 18 | 0 |
| 31 Oct 15 | 112 | -31 | 18 | 0 |
| 31 Jul 15 | 112 | 25 | 18 | 0 |
| 30 Apr 15 | 107 | 35 | 18 | 0 |
| 31 Jan 15 | 103 | 46 | 18 | 0 |
| 31 Oct 14 | 104 | 75 | 17 | 0 |
| 31 Jul 14 | 106 | 104 | 17 | 0 |
| 31 Jul 13 | 123 | 166 | 17 | 0 |
Quality Earnings: JQC has high quality earnings.
Growing Profit Margin: JQC became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: JQC's earnings have declined by 4.5% per year over the past 5 years.
Accelerating Growth: JQC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: JQC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (3.3%).
Return on Equity
High ROE: JQC's Return on Equity (9.7%) is considered low.