Somewhat Positive News Coverage Somewhat Unlikely to Impact Nuveen Credit Strategies Income Fund (JQC) Share Price
News coverage about Nuveen Credit Strategies Income Fund (NYSE:JQC) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Nuveen Credit Strategies Income Fund earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave news headlines about the investment management company an impact score of 47.7448894373572 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Shares of Nuveen Credit Strategies Income Fund (JQC) opened at 8.45 on Friday. The firm’s 50-day moving average is $8.57 and its 200 day moving average is $8.74. Nuveen Credit Strategies Income Fund has a 52 week low of $8.12 and a 52 week high of $9.06.
The firm also recently disclosed a monthly dividend, which will be paid on Friday, September 1st. Shareholders of record on Tuesday, August 15th will be given a $0.052 dividend. This represents a $0.62 annualized dividend and a yield of 7.38%. The ex-dividend date of this dividend is Friday, August 11th.
Nuveen Credit Strategies Income Fund Company Profile
Nuveen Credit Strategies Income Fund is a diversified closed-end management investment company. The Fund’s investment objectives are high current income and total return. The Fund meets its investment objectives by investing approximately 70% of its managed assets in senior secured and second lien loans, and up to 30% of its managed assets across the capital structure of companies (including equity securities) with a primary focus on high yield bonds, convertible securities and other forms of income-producing securities.
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