First National Bank Trust Co Of Newtown Lowers stake in Nuveen Credit Strategies Income Fund (JQC)

Nuveen Credit Strategies Income Fund (JQC) : First National Bank Trust Co Of Newtown reduced its stake in Nuveen Credit Strategies Income Fund by 1.15% during the most recent quarter end. The investment management company now holds a total of 162,753 shares of Nuveen Credit Strategies Income Fund which is valued at $1,341,085 after selling 1,900 shares in Nuveen Credit Strategies Income Fund , the firm said in a disclosure report filed with the SEC on Jul 6, 2016.Nuveen Credit Strategies Income Fund makes up approximately 0.41% of First National Bank Trust Co Of Newtown’s portfolio.

Other Hedge Funds, Including , Iowa State Bank added JQC to its portfolio by purchasing 985 company shares during the most recent quarter which is valued at $8,116.

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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