Nuveen Preferred and Convertible 2 JQC

$5.06 +0.04 (0.80%)

Valuation

Market cap
—
Revenue TTM
$67,257,720
Net income TTM
$63,986,666
PE ratio
—
Forward PE
—
Profit margin
95.14%
Debt to equity
0.42

Trading

Volume
704,700
Avg volume
871,034
Day's range
$5.02 – $5.08
Shares out
—
Stochastic %K
67%
Beta
—
Analysts
—
Price target
—

Price

Company profile

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 securi...

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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.

Industry
Asset Management
Sector
Financial Services
Phone
415 676 4000
Website
https://www.nuveen.com/CEF/Product/Overview.aspx?FundCode=JQC&refsrc=vu_nuveen.com/jqc
Address
555 California Street, Suite 3100, San Francisco, United States

Stocktwits

JRMSoCal Oct 17, 8:19 PM
$JQC Whenever there's a crisis (2009, 2021) $JQC hits a low. When the crisis abates, it recovers. There have been several dividend adjustments (2023 raise, March 2026 cut) but the return has always been high. It's currently 13%. The lowest rate I could find was 6% in 2019. The monthly payment enhances the compounding effect. The fund has been going for over 20 years. The prime management company, Nuveen, is in charge, this looks like a good, long term investment, especially at this level. The monthly low ever recorded was 3 in 2009.
0 replies
Ali_G_and_Doge Oct 16, 11:20 AM
$JQC bullish here
0 replies
JRMSoCal Oct 5, 3:14 PM
$JQC Back toward the lows. Hoping to get more at $4.50 or less
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JRMSoCal Sep 30, 9:19 PM
$JQC Rally extends on volume. Dividend increase? Rates on private loans going up?
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JRMSoCal Sep 25, 3:54 PM
$JQC big jump today relative to usual daily move. Maybe more investors started looking at the yield and NAV discount and saying: "oh, yeah!"
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Ali_G_and_Doge Sep 4, 12:35 AM
$JQC this needs to break through $4.85 (I don’t think I will) before I am bullish
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ahulme Aug 7, 9:12 AM
$JLS $JPC $JQC https://documents.nuveen.com/Documents/Nuveen/Viewer.aspx?uniqueId=1bceac4a-3dcc-47de-97e3-0b3694c2e596
0 replies
JRMSoCal Aug 4, 2:49 PM
$JQC Nuveen’s first half 2026 Alternative Credit Insights Update: A cautious but opportunity-focused outlook as "U.S. exceptionalism" faces growing headwinds. Leading investments are Blackrock T-fund, a global private equity firm and a global clinical research co.
0 replies