Nuveen Credit Opportunities 2022 Target Term Fund (JCO)
Nuveen Credit Opportunities 2022 Target Term Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $7.95, up 0.13% on the session, giving a market capitalisation of $220.8M. On trailing twelve-month figures it carries a trailing P/E of 24.84, a net margin of 97.9%. Its beta of 0.00 implies it has historically moved less than the broad market.
The Nuveen Credit Opportunities 2022 Target Term Fund (JCO) is structured as a closed-end mutual fund, focusing its investments within the fixed income sector. Established by Nuveen Investments, Inc., the fund receives joint oversight from Nuveen Fund Advisors, LLC, and Symphony Asset Management. Its investment strategy primarily targets the United States' fixed income landscape, concentrating on corporate debt instruments such as bonds and senior loans. A critical selection criterion for its holdings is an investment-grade credit rating of at least BBB- from S&P, alongside a specific maturity date of June 1, 2022. To build its portfolio, the fund utilizes a comprehensive fundamental analysis, employing a bottom-up stock-picking approach. This involves a thorough examination of factors like industry dynamics, the operational models of companies, the inherent quality of assets, and an assessment of relative value to inform investment decisions. This fund, domiciled in the United States, began its operations on September 28, 2016.
Nuveen Credit Opportunities 2022 Target Term Fund is most often compared with the following Financial Services names: