JQC:NYE-Nuveen Credit Strategies Income Closed Fund (USD)

FUND | Asset Management |

Last Closing

USD 5.76

Change

-0.01 (-0.17)%

Market Cap

USD 0.73B

Volume

0.51M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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. It seeks to invest in investment grade securities. The fund employs fundamental analysis with a focus on bottom-up stock picking approach based on factors such as interest rate levels, conditions and developing trends in the bond and equity markets, analysis of relative valuations for preferred, convertible and other debt instruments, and other economic and market factors, including the overall outlook for the economy and inflation to create its portfolio. The Fund uses leverage .It benchmarks the performance of its portfolio against Barclays Capital U.S. Aggregate Bond Index. The fund was formerly known as Nuveen Multi-Strategy Income & Growth Fund 2. Nuveen Credit Strategies Income Fund was formed on June 25, 2003 and is domiciled in the United States.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-14 )

Largest Industry Peers for Asset Management

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

-0.35 (-0.19%)

USD 213.93B
BLK BlackRock Inc

+16.10 (+1.56%)

USD 153.51B
KKR KKR & Co LP

-1.61 (-1.06%)

USD 140.51B
APO Apollo Global Management LLC C..

-0.03 (-0.02%)

USD 92.99B
BN Brookfield Corp

+0.19 (+0.33%)

USD 87.21B
AMP Ameriprise Financial Inc

+1.65 (+0.29%)

USD 54.32B
ARES Ares Management LP

+1.57 (+0.94%)

USD 52.42B
OWL Blue Owl Capital Inc

+0.25 (+1.11%)

USD 33.81B
RJF Raymond James Financial Inc.

-0.49 (-0.31%)

USD 30.30B
TPG TPG Inc

-0.01 (-0.02%)

USD 24.06B

ETFs Containing JQC

YYY Amplify High Income ETF 3.20 % 0.50 %

-0.08 (-1.19%)

USD 0.55B
CEFL 0.00 % 0.00 %

N/A

N/A
HYLD 0.00 % 1.28 %

N/A

N/A
CEFD ETRACS Monthly Pay 1.5X L.. 0.00 % 0.00 %

-0.24 (-1.19%)

USD 0.01B

Market Performance

  Market Performance vs. Industry/Classification (Asset Management) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 10.34% 68% D+ 57% F
Dividend Return 10.34% 90% A- 96% N/A
Total Return 20.69% 78% C+ 71% C-
Trailing 12 Months  
Capital Gain 15.43% 64% D 54% F
Dividend Return 11.90% 85% B 95% A
Total Return 27.33% 75% C 66% D+
Trailing 5 Years  
Capital Gain -21.74% 30% F 21% F
Dividend Return 46.39% 90% A- 95% A
Total Return 24.65% 65% D 47% F
Average Annual (5 Year Horizon)  
Capital Gain -2.70% 45% F 22% F
Dividend Return 3.92% 54% F 41% F
Total Return 6.62% 73% C 91% A-
Risk Return Profile  
Volatility (Standard Deviation) 35.49% 14% F 29% F
Risk Adjusted Return 11.05% 45% F 29% F
Market Capitalization 0.73B 66% D+ 53% 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.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

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.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.