Zazove Associates Lowers stake in Nuveen Credit Strategies Income Fund (JQC)

Nuveen Credit Strategies Income Fund (JQC) : Zazove Associates reduced its stake in Nuveen Credit Strategies Income Fund by 13.71% during the most recent quarter end. The investment management company now holds a total of 214,018 shares of Nuveen Credit Strategies Income Fund which is valued at $1,806,312 after selling 34,006 shares in Nuveen Credit Strategies Income Fund , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.Nuveen Credit Strategies Income Fund makes up approximately 0.83% of Zazove Associates’s portfolio.

Other Hedge Funds, Including , Brick Kyle Associates reduced its stake in JQC by selling 1,350 shares or 3.89% in the most recent quarter. The Hedge Fund company now holds 33,355 shares of JQC which is valued at $281,183. Nuveen Credit Strategies Income Fund makes up approx 0.23% of Brick Kyle Associates’s portfolio. Shaker Financial Services sold out all of its stake in JQC during the most recent quarter. The investment firm sold 25,309 shares of JQC which is valued $212,343.Hilton Capital Management boosted its stake in JQC in the latest quarter, The investment management firm added 44,165 additional shares and now holds a total of 106,165 shares of Nuveen Credit Strategies Income Fund which is valued at $894,971. Nuveen Credit Strategies Income Fund makes up approx 0.29% of Hilton Capital Management’s portfolio.Cottage Street Advisors reduced its stake in JQC by selling 6,300 shares or 9.43% in the most recent quarter. The Hedge Fund company now holds 60,500 shares of JQC which is valued at $510,015. Nuveen Credit Strategies Income Fund makes up approx 0.40% of Cottage Street Advisors’s portfolio.

Nuveen Credit Strategies Income Fund (the Fund) is a diversified closed-end management investment company. The Fund’s investment objectives are high current income and total return. The Fund meets its investment objectives by investing approximately 70% of its managed assets in senior secured and second lien loans and around 30% of its managed assets across the capital structure of companies (including equity securities) with focus on high yield bonds convertible securities and other forms of income-producing securities. The Fund invests in sectors such as software media diversified telecommunication services pharmaceuticals healthcare equipment and supplies real estate investment trust chemicals semiconductors and semiconductor equipment healthcare providers and services wireless telecommunication services food and staples retailing specialty retail diversified consumer services and others. The Fund’s investment adviser and manager is Nuveen Fund Advisors LLC.

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