Nuveen Shrt Duration Cred Opps (NYSE:JSD)
- Market Cap$147.856m
- AIC sector-
- Manager GroupNuveen
The Fund's investment objective is to provide current income and the potential for capital appreciation. Under normal circumstances, the Fund will invest at least 80% of assets at time of purchase, in loans or securities in the issuing company's capital structure that are senior to its common equitys. The Fund invests at least 70% of its managed assets in adjustable rate corporate debt instruments, including senior secured loans, second lien loans and other adjustable rate corporate debt instruments. The Fund maintains a portfolio with an average duration that does not exceed two years.