Roumell Asset Management buys $3,131,831 stake in Nuveen Credit Strategies Income Fund (JQC)

Nuveen Credit Strategies Income Fund (JQC) : Roumell Asset Management scooped up 129,680 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 Aug 12, 2016. The investment management firm now holds a total of 371,070 shares of Nuveen Credit Strategies Income Fund which is valued at $3,131,831.Nuveen Credit Strategies Income Fund makes up approximately 6.35% of Roumell Asset Management’s portfolio.

Other Hedge Funds, Including , Cetera Advisors boosted its stake in JQC in the latest quarter, The investment management firm added 59 additional shares and now holds a total of 16,209 shares of Nuveen Credit Strategies Income Fund which is valued at $136,804. Nuveen Credit Strategies Income Fund makes up approx 0.01% of Cetera Advisors’s portfolio.Allegis Investment Advisors reduced its stake in JQC by selling 4,696 shares or 23.99% in the most recent quarter. The Hedge Fund company now holds 14,876 shares of JQC which is valued at $124,810. Nuveen Credit Strategies Income Fund makes up approx 0.06% of Allegis Investment Advisors’s portfolio. Shaker Financial Services sold out all of its stake in JQC during the most recent quarter. The investment firm sold 25,309 shares of JQC which is valued $212,343. Rehmann Capital Advisory Group sold out all of its stake in JQC during the most recent quarter. The investment firm sold 13,016 shares of JQC which is valued $109,725.

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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