Nuveen Credit Strategies Income Fund (JQC) Getting Somewhat Favorable News Coverage, Analysis Finds

Media stories about Nuveen Credit Strategies Income Fund (NYSE:JQC) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Nuveen Credit Strategies Income Fund earned a daily sentiment score of 0.06 on Accern’s scale. Accern also assigned media headlines about the investment management company an impact score of 47.2511296735267 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Shares of NYSE JQC traded down $0.04 during mid-day trading on Tuesday, reaching $8.02. 2,300 shares of the company traded hands, compared to its average volume of 531,547. Nuveen Credit Strategies Income Fund has a fifty-two week low of $7.90 and a fifty-two week high of $8.76.

The firm also recently announced a monthly dividend, which will be paid on Monday, July 2nd. Investors of record on Friday, June 15th will be issued a dividend of $0.037 per share. This represents a $0.44 dividend on an annualized basis and a yield of 5.54%. The ex-dividend date is Thursday, June 14th.

About Nuveen Credit Strategies Income Fund

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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