JQC
Nuveen Credit Strategies Income Fund5.0000
-0.0300-0.6%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
739.08MP/E (TTM)
12.50Basic EPS (TTM)
0.40Dividend Yield
0.13%Recent Filings
8-K
New portfolio manager named
Nuveen Credit Strategies Income Fund named Coale Mechlin as portfolio manager, effective December 30, 2024. Mechlin, from Nuveen's Leveraged Finance team, focuses on bank loan strategies; he joined in 2017 after stints at J.P. Morgan and UBS. No changes to investment objectives. Fund continuity intact.
8-K
By-Laws drop control share
Nuveen Credit Strategies Income Fund eliminated its suspended 'control share' provisions from the By-Laws on February 28, 2024. Previously suspended since February 24, 2022, these changes leave the rest of the By-Laws unchanged. Board acted decisively. This simplifies governance amid shareholder dynamics.
8-K
Board consolidation announced
Nuveen Credit Strategies Income Fund announced board consolidation across its fund complex on October 13, 2023, effective January 1, 2024, shrinking the board to 10 members. Thomas J. Kenny and Loren M. Starr join as independent trustees from TC Funds boards, bringing fixed income and CFO expertise. Evans and Hunter retire December 31. Consolidation promises cost savings and unified operations.
8-K
Suspends control share by-law
Nuveen Credit Strategies Income Fund amended its by-laws on February 24, 2022, suspending the control share provision after a U.S. District Court ruled it violated the 1940 Act on February 18. The board, defending against Saba Capital's challenge, plans to appeal. Suspension holds until appeal resolves. Boards protect long-term shareholders from hedge fund takeovers.
8-K
Sub-adviser merger approved
Nuveen Credit Strategies Income Fund (JQC) approved a new sub-advisory agreement with Nuveen Asset Management (NAM) on December 1, 2020, ahead of Symphony Asset Management's merger into NAM on December 31. Terms match the current deal exactly. Same portfolio managers stay on. No changes to fees, objectives, or policies.
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