Nuveen Credit Strategies Income Fund (JQC) Sets New 1-Year Low at $7.68

Shares of Nuveen Credit Strategies Income Fund (NYSE:JQC) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $7.68 and last traded at $7.68, with a volume of 14043 shares traded. The stock had previously closed at $7.72.

The firm also recently announced a monthly dividend, which will be paid on Thursday, November 1st. Stockholders of record on Monday, October 15th will be paid a $0.0385 dividend. The ex-dividend date is Friday, October 12th. This represents a $0.46 annualized dividend and a dividend yield of 6.01%.

Institutional investors and hedge funds have recently bought and sold shares of the company. Mutual Advisors LLC purchased a new position in shares of Nuveen Credit Strategies Income Fund in the second quarter worth about $115,000. Vident Investment Advisory LLC increased its stake in shares of Nuveen Credit Strategies Income Fund by 2.9% in the second quarter. Vident Investment Advisory LLC now owns 963,487 shares of the investment management company’s stock worth $7,660,000 after purchasing an additional 27,396 shares in the last quarter. Lido Advisors LLC increased its stake in shares of Nuveen Credit Strategies Income Fund by 20.9% in the second quarter. Lido Advisors LLC now owns 53,972 shares of the investment management company’s stock worth $429,000 after purchasing an additional 9,316 shares in the last quarter. Raymond James & Associates increased its stake in shares of Nuveen Credit Strategies Income Fund by 12.6% in the second quarter. Raymond James & Associates now owns 369,500 shares of the investment management company’s stock worth $2,938,000 after purchasing an additional 41,428 shares in the last quarter. Finally, Shepherd Kaplan Krochuk LLC increased its stake in shares of Nuveen Credit Strategies Income Fund by 30.6% in the second quarter. Shepherd Kaplan Krochuk LLC now owns 66,550 shares of the investment management company’s stock worth $529,000 after purchasing an additional 15,590 shares in the last quarter.

About Nuveen Credit Strategies Income Fund (NYSE:JQC)

There is no company description available for Nuveen Credit Strategies Income Fund.

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