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

Nuveen Credit Strategies Income Fund (NYSE:JQC) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, April 15th will be paid a dividend of 0.054 per share by the investment management company on Thursday, May 1st. This represents a $0.65 dividend on an annualized basis and a yield of 12.33%. The ex-dividend date of this dividend is Tuesday, April 15th.

Nuveen Credit Strategies Income Fund Price Performance

Shares of NYSE:JQC traded down $0.07 during mid-day trading on Thursday, reaching $5.26. The stock had a trading volume of 1,016,567 shares, compared to its average volume of 656,477. Nuveen Credit Strategies Income Fund has a 1 year low of $5.24 and a 1 year high of $5.94. The business’s 50 day moving average price is $5.50 and its 200 day moving average price is $5.66.

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.