Nuveen Credit Strategies Income Fund (NYSE:JQC) declared a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Stockholders of record on Friday, December 13th will be given a dividend of 0.1035 per share by the investment management company on Tuesday, December 31st. This represents a $1.24 dividend on an annualized basis and a dividend yield of 16.58%. The ex-dividend date of this dividend is Thursday, December 12th.
Shares of NYSE JQC traded up $0.06 during midday trading on Wednesday, reaching $7.49. 1,029,200 shares of the stock traded hands, compared to its average volume of 661,678. Nuveen Credit Strategies Income Fund has a one year low of $6.98 and a one year high of $8.10. The company’s 50 day moving average is $7.36 and its 200 day moving average is $7.59.
Nuveen Credit Strategies Income Fund Company Profile
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 public equity markets of the United States. The fund invests in senior secured and second lien loans, preferred securities, convertible securities and related instruments.
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