Nuveen Credit Strategies Income Fund (JQC) to Distribute Monthly Dividend of $0.05 on December 1st

Nuveen Credit Strategies Income Fund (NYSE:JQC) declared a monthly dividend on Monday, November 2nd. Stockholders of record on Friday, November 13th will be given a dividend of $0.0495 per share by the investment management company on Tuesday, December 1st. This represents a $0.59 dividend on an annualized basis and a dividend yield of 13.0%. The ex-dividend date is Friday, November 13th.

Nuveen Credit Strategies Income Fund Trading Up 0.8%

Shares of NYSE:JQC opened at $4.58 on Wednesday. Nuveen Credit Strategies Income Fund has a 1 year low of $4.45 and a 1 year high of $5.18. The business has a fifty day simple moving average of $4.65 and a 200 day simple moving average of $4.80.

About Nuveen Credit Strategies Income Fund

Nuveen Credit Strategies Income Fund (NYSE:JQC) is a closed-end investment company managed by Nuveen. The fund seeks to provide a high level of current income and, as a secondary objective, capital appreciation through a professionally managed portfolio of credit-related investments.

Its portfolio may include senior secured loans, below-investment-grade corporate debt, high-yield bonds and other fixed-income securities. These investments generally involve issuers with elevated credit risk, and the fund uses credit research and portfolio diversification to pursue its objectives.

JQC invests primarily in the U.S.