Credit Suisse Asset Management Income Fund, Inc. (CIK) To Go Ex-Dividend on March 16th

Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) declared a monthly dividend on Monday, March 2nd. Investors of record on Monday, March 16th will be paid a dividend of 0.02 per share on Monday, March 23rd. This represents a c) annualized dividend and a yield of 9.2%. The ex-dividend date of this dividend is Monday, March 16th.

Credit Suisse Asset Management Income Fund Price Performance

Shares of NYSEAMERICAN:CIK opened at $2.60 on Friday. Credit Suisse Asset Management Income Fund has a 12-month low of $2.56 and a 12-month high of $3.04. The business has a 50 day moving average of $2.78 and a two-hundred day moving average of $2.85.

Hedge Funds Weigh In On Credit Suisse Asset Management Income Fund

Several large investors have recently made changes to their positions in CIK. Wedbush Securities Inc. boosted its holdings in Credit Suisse Asset Management Income Fund by 13.6% during the second quarter. Wedbush Securities Inc. now owns 51,585 shares of the company’s stock worth $153,000 after buying an additional 6,175 shares in the last quarter. Invesco Ltd. increased its holdings in Credit Suisse Asset Management Income Fund by 1.4% in the second quarter. Invesco Ltd. now owns 531,135 shares of the company’s stock valued at $1,572,000 after buying an additional 7,463 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Credit Suisse Asset Management Income Fund in the second quarter worth about $25,000. Jane Street Group LLC acquired a new position in shares of Credit Suisse Asset Management Income Fund in the second quarter worth about $59,000. Finally, Bank of America Corp DE boosted its stake in shares of Credit Suisse Asset Management Income Fund by 15.1% during the 2nd quarter. Bank of America Corp DE now owns 443,692 shares of the company’s stock worth $1,313,000 after acquiring an additional 58,250 shares in the last quarter. 29.49% of the stock is currently owned by institutional investors and hedge funds.

About Credit Suisse Asset Management Income Fund

Credit Suisse Asset Management Income Fund Inc (NYSE American: CIK) is a closed-end management investment company managed by Credit Suisse Asset Management, one of the world’s leading asset managers. The fund’s primary objective is to provide shareholders with a high level of current income, with a secondary objective of capital appreciation. It achieves this by investing in a diversified portfolio of income-producing securities across fixed-income and equity markets.

The fund typically allocates assets to a mix of investment-grade and below-investment-grade corporate bonds, bank loans, mortgage- and asset-backed securities, convertible securities and dividend-paying equities.