JQC:NYE-Nuveen Credit Strategies Income Fund Shares of Beneficial Interest (USD)

ETF | Asset Management | New York Stock Exchange

Last Closing

USD 5.59

Change

0.00 (0.00)%

Market Cap

USD 1.16B

Volume

0.69M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Under normal circumstances, the Fund will invest at least 80% of its Managed Assets in preferred securities, convertible securities and related instruments, and it may invest up to 20% of its Managed Assets in other securities, including debt instruments and common stocks acquired upon conversion of a convertible security (such common stocks not normally to exceed 5% of the Managed Assets). Initially, approximately 60% of its Managed Assets will be allocated to preferred securities, 30% to convertible securities and 10% to other debt instruments. Thereafter the portions may vary from time to time, although the Fund will normally invest at least 50% of its Managed Assets in preferred securities and at least 20% in convertible securities. The Fund will invest at least 65% of its Managed Assets in securities that, at the time of investment, are investment grade quality, which includes securities that are unrated but judged to be of comparable quality. The Fund may invest up to 35% of its Managed Assets in securities that, at the time of investment, are not investment grade quality. The Fund may invest up to 5% in securities with a highest rating of CCC or that are unrated but judged to be of comparable quality.

Inception Date: 25/06/2003

Primary Benchmark: BofAML Pref Stck Hybrid Securty TR USD

Primary Index: BBgBarc US Agg Bond TR USD

Gross Expense Ratio: 2.41%

Management Expense Ratio:

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-06-15 )

Largest Industry Peers for Asset Management

Symbol Name Mer Price(Change) Market Cap
BX Blackstone Group Inc 0.00 %

+1.14 (+0.92%)

USD 146.15B
BLK BlackRock Inc 0.00 %

+11.35 (+1.44%)

USD 117.04B
KKR KKR & Co LP 0.00 %

-1.35 (-1.24%)

USD 100.08B
APO Apollo Global Management LLC C.. 0.00 %

+0.50 (+0.42%)

USD 67.11B
BN Brookfield Corp 0.00 %

+0.84 (+2.07%)

USD 62.98B
BK Bank of New York Mellon 0.00 %

+0.66 (+1.12%)

USD 43.99B
AMP Ameriprise Financial Inc 0.00 %

-0.53 (-0.12%)

USD 43.79B
ARES Ares Management LP 0.00 %

+2.06 (+1.56%)

USD 41.64B
OWL Blue Owl Capital Inc 0.00 %

+0.15 (+0.86%)

USD 25.46B
STT State Street Corp 0.00 %

+0.70 (+0.97%)

USD 21.76B

ETFs Containing JQC

HIPS GraniteShares HIPS US Hig.. 2.70 % 0.70 %

+0.12 (+0.70%)

USD 0.07B
CEFL 0.00 % 0.00 %

N/A

N/A
HYLD 0.00 % 1.28 %

N/A

N/A
YYY Amplify High Income ETF 0.00 % 0.50 %

+0.06 (+0.70%)

USD 0.46B
CEFD ETRACS Monthly Pay 1.5X L.. 0.00 % 0.00 %

+0.13 (+0.70%)

USD 0.02B

Market Performance

  Market Performance vs. Industry/Classification (Asset Management) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 7.09% 78% C+ 72% C
Dividend Return 6.21% 94% A 97% N/A
Total Return 13.30% 85% B 82% B
Trailing 12 Months  
Capital Gain 11.58% 77% C+ 68% D+
Dividend Return 10.52% 84% B 94% A
Total Return 22.10% 84% B 79% B-
Trailing 5 Years  
Capital Gain -28.52% 21% F 20% F
Dividend Return 44.66% 88% B+ 95% A
Total Return 16.15% 61% D- 44% F
Average Annual (5 Year Horizon)  
Capital Gain -6.11% 22% F 15% F
Dividend Return 4.73% 58% F 50% F
Total Return 10.83% 95% A 98% N/A
Risk Return Profile  
Volatility (Standard Deviation) 14.19% 69% C- 67% D+
Risk Adjusted Return 33.31% 65% D 56% F
Market Capitalization 1.16B 73% C 51% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

What to not like:
Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.