secwatch.observer — SEC 8-K summary
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Issuer:     Nuveen Credit Strategies Income Fund (JQC)
CIK:        0001227476
Form:       8-K
Filed at:   2022-02-25T23:59:59+00:00
Accession:  0001193125-22-053118
Event type: litigation
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nuveen CEFs suspend control share by-law after losing court case; appeal planned
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- Board suspends Control Share By-Law that limited voting rights of large shareholders.
- Action follows Feb. 18, 2022 District Court summary judgment in favor of Saba Capital.
- Control Share By-Law will be automatically reinstated if the judgment is reversed on appeal.
- Board and Funds intend to appeal the District Court's ruling.
- Chair Toth says by-law protected against 'predatory attacks' by hedge funds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1227476/000119312522053118/0001193125-22-053118-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1227476/000119312522053118/d90985d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-053118

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer