Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK – Get Free Report) declared a monthly dividend on Thursday, October 1st. Investors of record on Thursday, October 15th will be paid a dividend of $0.02 per share on Thursday, October 22nd. This represents a $0.24 annualized dividend and a yield of 10.3%. The ex-dividend date is Thursday, October 15th.
Credit Suisse Asset Management Income Fund Stock Up 0.6%
NYSEAMERICAN:CIK traded up $0.01 during mid-day trading on Friday, reaching $2.33. 20,394 shares of the company were exchanged, compared to its average volume of 507,129. Credit Suisse Asset Management Income Fund has a 12 month low of $2.30 and a 12 month high of $3.04. The company has a fifty day moving average of $2.41 and a 200 day moving average of $2.48.
About Credit Suisse Asset Management Income Fund
Credit Suisse Asset Management Income Fund is a closed-end investment company listed on the NYSE American under the symbol CIK. The fund is designed to provide investors with a high level of current income through a professionally managed portfolio of fixed-income securities.
The fund primarily invests in corporate bonds, loans and other debt instruments, including securities that may carry below-investment-grade ratings. Its portfolio may include obligations issued by companies and other borrowers in the United States and international markets, exposing investors to credit, interest-rate and foreign-market risks.
Credit Suisse Asset Management Income Fund was established as part of Credit Suisse Asset Management’s closed-end fund offerings.
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