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0 0 0 0 0.00268357810413888 0.00307076101468633 0.0026568758344459 0.00226969292389858
Stock impact report

Nuveen Announces Update to Portfolio Management Team

Nuveen Credit Strategies Income Fund Shares of Beneficial Interest (JQC) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--The Nuveen Credit Strategies Income Fund (NYSE: JQC) has updated its portfolio management team. Effective immediately, Bernard Wong is co-portfolio manager, along with current co-portfolio managers Scott Caraher and Jenny Rhee. The fund’s investment objectives, strategies and management philosophy remain unchanged. The capital return program implemented by the fund at the beginning of the year also is not affected by the change to the portfolio management team.The appointment of Wong as co-portfolio manager follows the decision by co-portfolio manager Sutanto Widjaja to leave Symphony Asset Management, which sub-advises JQC on behalf of Nuveen, to pursue his ambition of opening a multi-family investment office. Widjaja’s new venture in no way competes with Symphony or Nuveen. He will remain at the firm through September to support his colleagues through the transition but has relinquished his co-portfolio manager role on JQC and holds no other portfolio Show less Read more
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