Financial Investment Management Group Ltd buys $12,465,628 stake in Nuveen Credit Strategies Income Fund (JQC)

Nuveen Credit Strategies Income Fund (JQC) : Financial Investment Management Group Ltd scooped up 18,786 additional shares in Nuveen Credit Strategies Income Fund during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 12, 2016. The investment management firm now holds a total of 1,600,209 shares of Nuveen Credit Strategies Income Fund which is valued at $12,465,628.Nuveen Credit Strategies Income Fund makes up approximately 3.30% of Financial Investment Management Group Ltd’s portfolio.

Other Hedge Funds, Including , Integrated Investment Consultants added JQC to its portfolio by purchasing 979 company shares during the most recent quarter which is valued at $7,626.Edge Wealth Management boosted its stake in JQC in the latest quarter, The investment management firm added 13,000 additional shares and now holds a total of 19,525 shares of Nuveen Credit Strategies Income Fund which is valued at $153,076. Nuveen Credit Strategies Income Fund makes up approx 0.07% of Edge Wealth Management’s portfolio.Creative Planning reduced its stake in JQC by selling 5,568 shares or 64.84% in the most recent quarter. The Hedge Fund company now holds 3,019 shares of JQC which is valued at $23,669.Hollencrest Securities reduced its stake in JQC by selling 3,950 shares or 14.29% in the most recent quarter. The Hedge Fund company now holds 23,700 shares of JQC which is valued at $185,808. Nuveen Credit Strategies Income Fund makes up approx 0.03% of Hollencrest Securities’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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