Nuveen Credit Strategies Income Fund

$ 4.80 0.42 %

The Nuveen Credit Strategies Income Fund, a closed-end balanced mutual fund, was established by Nuveen Investments, Inc. and is actively managed by Symphony Asset Management, LLC. This U.S.-domiciled fund, formed on June 25, 2003, and previously known as Nuveen Multi-Strategy Income & Growth Fund 2, strategically allocates capital within the fixed income and public equity markets of the United States. Its investment mandate specifically targets senior secured and second-lien loans, preferred securities, convertible securities, and other related instruments, with a primary objective to acquire investment-grade securities. Portfolio construction is grounded in a fundamental analysis approach, emphasizing bottom-up security selection. This analytical framework thoroughly considers elements such as prevailing interest rate levels, the evolving conditions and trends within both bond and equity markets, comparative valuations of preferred, convertible, and other debt instruments, alongside broader economic and market indicators like the overall economic outlook and inflation. The fund incorporates leverage into its operations and measures its performance against the Barclays Capital U.S. Aggregate Bond Index.

CEO: Gunther Maurice Stein - https://www.nuveen.com/CEF/Product/Overview.aspx?FundCode=JQC&refsrc=vu_nuveen.com/jqc

Price objectif

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Recommandation

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DCF

$ 0.59

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JQC vs S&P500

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Quick ratio

0.55

indicates that the company may have difficulty covering its short-term debts with its readily available assets.

P/E ratio

17.14

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

0.28

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

5.83 %

indicates low profitability, suggesting that the company is not using equity efficiently to generate profits.

ROIC

6.41 %

generates a return higher than the cost of its capital, thereby creating value for its investors.

WACC

5.26

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.61

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

0.62

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

193.68 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
7 indicates good financial health
Altman score
0.95 indicates a high risk of bankruptcy
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Cash / Debt

Cash Ratio
0.00 indicates liquidity risk, as the company may not have enough cash to meet its immediate obligations
Debt Ratio
0.35 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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