BSL - A Time To Short Senior Loans Nuveen Credit Strategies Income Fund

Overview

First, we will discuss what are the senior loans and why it makes sense to short senior loans at this point of the economic cycle (namely, credit products tend to perform poorly at late cycle and recession). Afterward, we will discuss why using CEFs to short senior loans might be a better proposition than shorting ETFs (namely, high fees and leverage). And, we will conclude with the rationale for choosing JQC among available CEFs to short (relatively favorable z-score).

JQC is a ticker for Nuveen Credit Strategies Income Fund (JQC), which is