Nuveen Credit Strategies Income Fund (JQC) : Financial Investment Management Group Ltd reduced its stake in Nuveen Credit Strategies Income Fund by 1.1% during the most recent quarter end. The investment management company now holds a total of 1,558,875 shares of Nuveen Credit Strategies Income Fund which is valued at $13,203,671 after selling 17,297 shares in Nuveen Credit Strategies Income Fund , the firm said in a disclosure report filed with the SEC on Oct 17, 2016.Nuveen Credit Strategies Income Fund makes up approximately 4.48% of Financial Investment Management Group Ltd’s portfolio.
Other Hedge Funds, Including , Edge Wealth Management reduced its stake in JQC by selling 3,185 shares or 2.85% in the most recent quarter. The Hedge Fund company now holds 108,397 shares of JQC which is valued at $915,955. Nuveen Credit Strategies Income Fund makes up approx 0.39% of Edge Wealth Management’s portfolio.Creative Planning boosted its stake in JQC in the latest quarter, The investment management firm added 1,000 additional shares and now holds a total of 3,344 shares of Nuveen Credit Strategies Income Fund which is valued at $28,491.
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.