Kathleen Prudhomme - Nuveen Credit Vice President Assistant Secretary

JQC Fund  USD 5.51  0.05  0.92%   
Kathleen Prudhomme is Fund Manager at Nuveen Credit Strategies
Ms. Kathleen L. Prudhomme serves as Vice President and Assistant Secretary of Nuveen Credit Strategies Income Fund. She served as Managing Director and Assistant Secretary of Nuveen Securities, LLC Managing Director, Assistant Secretary and CoGeneral Counsel of Nuveen Fund Advisors, LLC Managing Director, Assistant Secretary and Associate General Counsel of Nuveen Asset Management, LLC formerly, Deputy General Counsel, FAF Advisors, Inc. .
Age 65
Tenure 13 years
Phone415-676-4000
Webhttps://www.nuveen.com/CEF/Product/Overview.aspx?FundCode=JQC&refsrc=vu_nuveen.com/jqc

Nuveen Credit Management Performance (%)

The company has Return on Asset of 2.3 % which means that on every $100 spent on assets, it made $2.3 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (5.21) %, meaning that it generated no profit with money invested by stockholders. Nuveen Credit's management efficiency ratios could be used to measure how well Nuveen Credit manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 388.98 M in debt with debt to equity (D/E) ratio of 0.47, which is OK given its current industry classification. Nuveen Credit Strategies has a current ratio of 0.09, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Nuveen Credit until it has trouble settling it off, either with new capital or with free cash flow. So, Nuveen Credit's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nuveen Credit Strategies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nuveen to invest in growth at high rates of return. When we think about Nuveen Credit's use of debt, we should always consider it together with cash and equity.

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Nuveen Credit Strategies Income Fund is a closed-ended balanced mutual fund launched by Nuveen Investments, Inc. Nuveen Credit Strategies Income Fund was formed on June 25, 2003 and is domiciled in the United States. Nuveen Preferred operates under Asset Management classification in the United States and is traded on New York Stock Exchange. The fund is not classified under any group at the present time.

Management Performance

Nuveen Credit Strategies Leadership Team

Elected by the shareholders, the Nuveen Credit's board of directors comprises two types of representatives: Nuveen Credit inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nuveen. The board's role is to monitor Nuveen Credit's management team and ensure that shareholders' interests are well served. Nuveen Credit's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nuveen Credit's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mark Winget, Vice President Assistant Secretary
Robert Young, Independent Director
E Wickerham, Vice President Controller
Deann Morgan, Vice President
Jack Evans, Independent Director
David Lamb, Chief Administrative Officer
Mark Czarniecki, Vice President Assistant Secretary
William Adams, Independent Director
David Kundert, Independent Director
Cedric Antosiewicz, Chief Administrative Officer
Judith Stockdale, Independent Director
William Siffermann, Vice President
William Meyers, Vice President
Michael Perry, Vice President
Jacques Longerstaey, Vice President
Matthew Thornton, Independent Director
Margaret Wolff, Independent Director
Brian Lockhart, Vice President
Stephen Foy, Vice President, Controller
Margo Cook, Vice President
Joel Slager, Vice President Assistant Secretary
Diana Gonzalez, Vice President Assistant Secretary
Gifford Zimmerman, Chief Compliance Officer, Vice President
Nathaniel Jones, Vice President Treasurer
Terence Toth, Independent Chairman of the Board
Carole Stone, Independent Director
Jon Meissner, Vice President
Christopher Rohrbacher, Vice President Assistant Secretary
Kathleen Prudhomme, Vice President Assistant Secretary
Thomas Schreier, Independent Director
Lorna Ferguson, Vice President
Walter Kelly, Vice President, Chief Compliance Officer
Virginia Stringer, Independent Director
William Schneider, Independent Chairman of the Board
John Nelson, Independent Director
Albin Moschner, Independent Director
Kevin McCarthy, Vice President, Assistant Secretary
Scott Grace, VP and Treasurer
William Hunter, Independent Director
Tina Lazar, Vice President

Nuveen Fund Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is Nuveen Credit a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen Credit Strategies. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Please note, there is a significant difference between Nuveen Credit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Credit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Credit's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.