Nuveen Credit Strategies Income Fund (JQC)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Nuveen Credit Strategies Income Fund (JQC) is up 1.6% since the beginning of the year. JQC is currently trading at $5 per share. Investors who bought $1,000 worth of JQC shares 5 years ago would now be looking at an investment worth $1,238.

Nuveen Credit Strategies Income Fund (JQC) has returned 1.56% so far this year and 2.89% over the past 12 months. Over the last ten years, JQC has returned 6.09% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Jun 26, 2003, JQC's average daily return is +0.03%, while the average monthly return is +0.53%. At this rate, an investment would double in approximately 10.9 years.

Historically, 58% of months were positive and 42% were negative. The best month was Dec 2008 with a return of +26.8%, while the worst month was Sep 2008 at -31.6%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 10 months.

On a daily basis, JQC closed higher 49% of trading days. The best single day was Oct 13, 2008 with a return of +28.1%, while the worst single day was Mar 18, 2020 at -28.3%.

Nuveen Credit Strategies Income Fund has an annualized alpha of 0.23%, beta of 0.65, and R2 of 0.32 versus S&P 500 Index. Calculated based on daily prices since June 26, 2003.

• This fund participated in 74.03% of S&P 500 Index downside but only 59.70% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.65 may look defensive, but with R2 of 0.32 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.32 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.

JQC has a high expense ratio of 4.34%, indicating above-average management fees.

JQC ranks 4 for risk / return — in the bottom 4% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

Nuveen Credit Strategies Income Fund provided a 13.15% dividend yield over the last twelve months, with an annual payout of $0.63 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for Nuveen Credit Strategies Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Nuveen Credit Strategies Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Nuveen Credit Strategies Income Fund was 75.18%, occurring on Mar 9, 2009. Recovery took 538 trading sessions.

The current Nuveen Credit Strategies Income Fund drawdown is 4.56%.

The chart below shows the rolling one-month volatility.