JQC Stock Summary and Trading Ideas (Nuveen Credit Strat Income Co | NYSE:JQC)

JQC invests at least 70% of its assets in senior secured and second lien loans and up to 30% of its assets opportunistically over the credit cycle in other types of securities across a company's capital structures. These other securities primarily include income-oriented securities such as high yield corporate and convertible bonds as well as common stocks. The Fund maintained exposure to senior loans during the reporting period, while tactically allocating between high yield corporate bonds, equity securities and convertible bonds. Exposure consisted of mainly U.S. issuers and was focused on companies that had high levels of tangible assets, predictable revenue streams, significant market share within their respective industries and positive free cash flow.

Nuveen Credit Strat Income Co trades on the NYSE stock market under the symbol JQC.

As of April 17, 2024, JQC stock price climbed to $5.40 with 399,820 million shares trading.

JQC has a beta of 0.49, meaning it tends to be less sensitive to market movements. JQC has a correlation of 0.32 to the broad based SPY ETF.

JQC has a market cap of $732.29 million. This is considered a Small Cap stock.

In the last 3 years, JQC stock traded as high as $6.81 and as low as $4.82.

JQC stock has underperformed the market in the last year with a return of +19.7%, while SPY returned +23.0%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in JQC shares. However, JQC has outperformed the market in the last 3 month and 2 week periods, returning +6.6% and -1.9%, while SPY returned +5.7% and -3.5%, respectively. This indicates JQC has been having a stronger performance recently.

JQC support price is $5.32 and resistance is $5.40 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that JQC stock will trade within this expected range on the day.