The acquisition of Downlink (DL) channel state information at the transmitter (CSIT) is known to be a challenging task in multiuser massive MIMO systems when uplink/downlink channel reciprocity does not hold (e.g., in frequency division duplexing systems). From a coding viewpoint, the DL channel state acquired at the users via DL training can be seen as an information source that must be conveyed to the base station via the UL communication channels. The transmission of a source through a channel can be accomplished either by separate or joint source-channel coding (SSCC or JSCC). In this work, using classical remote distortion-rate (DR) theory, we first provide a theoretical lower bound on the channel estimation mean-square-error (MSE) of both JSCC and SSCC-based feedback schemes, which however requires encoding of large blocks of successive channel states and thus cannot be used in practicesince it would incur in an extremely large feedback delay. We then focus on the relevant case of minimal (one slot) feedback delay and propose a practical JSCC-based feedback scheme that fully exploits the channel second-order statistics to optimize the dimension projection in the eigenspace. We analyze the large SNR behavior of the proposed JSCC-based scheme in terms of the quality scaling exponent (QSE). Given the second-order statistics of channel estimation of any feedback scheme, we further derive the closed-form of the lower bound to the ergodic sum-rate for DL data transmission under maximum ratio transmission and zero-forcing precoding. Via extensive numerical results, we show that our proposed JSCC-based scheme outperforms known JSCC, SSCC baseline and deep learning-based schemes and is able to approach the performance of the optimal DR scheme in the range of practical SNR.