Nuveen Credit Strategies Income Fund (NYSE:JQC) to Issue Monthly Dividend of $0.05

Nuveen Credit Strategies Income Fund (NYSE:JQC) declared a monthly dividend on Monday, June 1st. Stockholders of record on Monday, June 15th will be given a dividend of 0.0495 per share by the investment management company on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 12.3%. The ex-dividend date is Monday, June 15th.

Nuveen Credit Strategies Income Fund Stock Performance

JQC opened at $4.83 on Tuesday. The company has a fifty day moving average price of $4.81 and a 200-day moving average price of $4.94. Nuveen Credit Strategies Income Fund has a one year low of $4.62 and a one year high of $5.58.

About Nuveen Credit Strategies Income Fund

Nuveen Credit Strategies Income Fund (NYSE: JQC) is a closed-end, diversified management investment company that seeks to provide current income while preserving capital. The fund pursues its objective by investing primarily in a broad range of credit instruments, including corporate debt obligations, bank loans, mortgage-related and asset-backed securities, and credit-linked notes. Through active portfolio management, JQC aims to capture income opportunities across different sectors and credit quality tiers.

JQC’s portfolio construction emphasizes flexibility, enabling the fund to shift allocations among investment-grade and below-investment-grade credit depending on market conditions.