JQC vs. XPTFX

Last updated Apr 2, 2026

Compare and contrast key facts about Nuveen Credit Strategies Income Fund (JQC) and Federated Hermes Project and Trade Finance Tender Fund (XPTFX).

JQC is managed by Nuveen. It was launched on Jun 26, 2003. XPTFX is managed by Federated. It was launched on Jan 31, 2017.

Performance

JQC vs. XPTFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen Credit Strategies Income Fund (JQC) and Federated Hermes Project and Trade Finance Tender Fund (XPTFX). The values are adjusted to include any dividend payments, if applicable.

JQC vs. XPTFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JQC Nuveen Credit Strategies Income Fund	-0.69%	-0.36%	22.29%	15.26%	-14.22%	13.29%	-2.96%	21.78%	-4.33%	-0.86%
XPTFX Federated Hermes Project and Trade Finance Tender Fund	1.41%	7.47%	8.62%	8.55%	3.74%	1.91%	2.18%	4.70%	4.47%	-0.10%

Returns By Period

In the year-to-date period, JQC achieves a -0.69% return, which is significantly lower than XPTFX's 1.41% return.

JQC

• 1D: -0.82%
• 1M: -0.39%
• YTD: -0.69%
• 6M: -3.79%
• 1Y: 2.42%
• 3Y*: 10.57%
• 5Y*: 4.84%
• 10Y*: 6.15%

XPTFX

• 1D: 0.00%
• 1M: 0.41%
• YTD: 1.41%
• 6M: 3.05%
• 1Y: 7.24%
• 3Y*: 8.09%
• 5Y*: 6.17%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

JQC vs. XPTFX - Expense Ratio Comparison

JQC has a 4.34% expense ratio, which is higher than XPTFX's 0.41% expense ratio.

JQC

Nuveen Credit Strategies Income Fund

XPTFX

Federated Hermes Project and Trade Finance Tender Fund

Return for Risk

JQC vs. XPTFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JQC

JQC Risk / Return Rank: 7
JQC Sharpe Ratio Rank: 7
JQC Sortino Ratio Rank: 7
JQC Omega Ratio Rank: 7
JQC Calmar Ratio Rank: 8
JQC Martin Ratio Rank: 7

XPTFX

XPTFX Risk / Return Rank: 90
XPTFX Sharpe Ratio Rank: 96
XPTFX Sortino Ratio Rank: 96
XPTFX Omega Ratio Rank: 99
XPTFX Calmar Ratio Rank: 88
XPTFX Martin Ratio Rank: 74

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JQC vs. XPTFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen Credit Strategies Income Fund (JQC) and Federated Hermes Project and Trade Finance Tender Fund (XPTFX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	JQC	XPTFX	Difference
Sharpe ratio Return per unit of total volatility	0.16	2.39	-2.24
Sortino ratio Return per unit of downside risk	0.33	3.44	-3.11
Omega ratio Gain probability vs. loss probability	1.05	2.98	-1.94
Calmar ratio Return relative to maximum drawdown	0.16	2.46	-2.30
Martin ratio Return relative to average drawdown	0.35	7.69	-7.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JQC vs. XPTFX - Sharpe Ratio Comparison

The current JQC Sharpe Ratio is 0.16, which is lower than the XPTFX Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of JQC and XPTFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	JQC	XPTFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.16	2.39	-2.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.37	2.46	-2.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.35	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	2.31	-2.08

Correlation

The correlation between JQC and XPTFX is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

JQC vs. XPTFX - Dividend Comparison

JQC's dividend yield for the trailing twelve months is around 13.32%, more than XPTFX's 6.12% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JQC Nuveen Credit Strategies Income Fund	13.32%	12.91%	11.39%	11.42%	9.71%	10.03%	16.11%	16.14%	6.53%	7.42%	6.99%	7.51%
XPTFX Federated Hermes Project and Trade Finance Tender Fund	6.12%	7.24%	6.78%	6.66%	5.70%	2.21%	2.74%	4.62%	4.60%	0.00%	0.00%	0.00%

Drawdowns

JQC vs. XPTFX - Drawdown Comparison

The maximum JQC drawdown since its inception was -75.18%, which is greater than XPTFX's maximum drawdown of -2.95%. Use the drawdown chart below to compare losses from any high point for JQC and XPTFX.

Drawdown Indicators

	JQC	XPTFX	Difference
Max Drawdown Largest peak-to-trough decline	-75.18%	-2.95%	-72.23%
Max Drawdown (1Y) Largest decline over 1 year	-10.15%	-1.96%	-8.19%
Max Drawdown (5Y) Largest decline over 5 years	-19.83%	-2.95%	-16.88%
Max Drawdown (10Y) Largest decline over 10 years	-47.99%	—	—
Current Drawdown Current decline from peak	-6.67%	-0.57%	-6.10%
Average Drawdown Average peak-to-trough decline	-8.84%	-0.27%	-8.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.67%	0.63%	+4.04%

Volatility

JQC vs. XPTFX - Volatility Comparison

Nuveen Credit Strategies Income Fund (JQC) has a higher volatility of 6.02% compared to Federated Hermes Project and Trade Finance Tender Fund (XPTFX) at 0.30%. This indicates that JQC's price experiences larger fluctuations and is considered to be riskier than XPTFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JQC	XPTFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.02%	0.30%	+5.72%
Volatility (6M) Calculated over the trailing 6-month period	9.36%	2.89%	+6.47%
Volatility (1Y) Calculated over the trailing 1-year period	15.57%	3.80%	+11.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.12%	2.52%	+10.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.56%	2.03%	+15.53%