Nuveen Credit Strategies Income Fund

Frequently Asked Questions About JQC

What does JQC invest in?

The Nuveen Credit Strategies Income Fund, a closed-end balanced mutual fund, was established by Nuveen Investments, Inc. and is actively managed by Symphony Asset Management, LLC. This U.S.-domiciled fund, formed on June 25, 2003, and previously known as Nuveen Multi-Strategy Income & Growth Fund 2, strategically allocates capital within the fixed income and public equity markets of the United States. Its investment mandate specifically targets senior secured and second-lien loans, preferred securities, convertible securities, and other related instruments, with a primary objective to acquire investment-grade securities. Portfolio construction is grounded in a fundamental analysis approach, emphasizing bottom-up security selection. This analytical framework thoroughly considers elements such as prevailing interest rate levels, the evolving conditions and trends within both bond and equity markets, comparative valuations of preferred, convertible, and other debt instruments, alongside broader economic and market indicators like the overall economic outlook and inflation. The fund incorporates leverage into its operations and measures its performance against the Barclays Capital U.S. Aggregate Bond Index.

What is the expense ratio of JQC?

An expense ratio for Nuveen Credit Strategies Income Fund (JQC) is not available from our data sources. Neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

What is JQC's dividend yield?

JQC's trailing-twelve-month yield is 13.66%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of JQC?

Effective duration measures JQC's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. JQC's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of JQC?

JQC's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of JQC?

Yield to maturity (YTM) is the total return you'd earn from JQC if every bond in the portfolio is held to maturity at the current price. JQC's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.