Credit Suisse Asset Management Income Fund, Inc. (CIK)

NYSEAMERICAN: CIK · Real-Time Price · USD
3.095
+0.010 (0.32%)
Oct 9, 2024, 11:14 AM EDT - Market open
0.32%
Market Value 164.31M
Revenue (ttm) 18.01M
Net Income (ttm) 20.77M
Shares Out 53.09M
EPS (ttm) 0.39
PE Ratio 7.91
Forward PE n/a
Dividend $0.27 (8.78%)
Ex-Dividend Date Oct 16, 2024
Volume 209,037
Open 3.070
Previous Close 3.085
Day's Range 3.070 - 3.095
52-Week Range 2.500 - 3.190
Beta 0.70
Analysts n/a
Price Target n/a
Earnings Date n/a

About CIK

Credit Suisse Asset Management Income Fund, Inc. is a closed-ended fixed income mutual fund launched and managed by Credit Suisse Asset Management, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in high yield corporate debt such as bonds and debentures that are rated Baa or lower by Moody's or BBB or lower by S&P. The fund benchmarks the performance of its portfolio against the BofA Merrill Lynch US High Yield Master II Constrained Index. Credit Suisse Asset Management Income Fund, Inc. was formed o... [Read more]

Sector Financials
Founded 1987
Employees 6
Stock Exchange NYSEAMERICAN
Ticker Symbol CIK
Full Company Profile

News

CIK: A Good 9.17% Yielding Junk Bond Fund, But It Is Not Cheap

The Credit Suisse Asset Management Income Fund, Inc. offers a 9.17% yield, competitive with peers in the sector. The CIK closed-end fund's recent performance has been weaker than domestic investment-g...

3 months ago - Seeking Alpha

CIK: This High Yield CEF Is Now Too Expensive

Credit Suisse Asset Management Income Fund (CIK) has a large allocation to CCC-rated bonds and 27% leverage ratio, making it a risk-on vehicle. CIK is currently trading at a 3.69% premium to net asset...

7 months ago - Seeking Alpha

CEF Weekly Review: CEF Fees Remain Full Of Pitfalls

We review CEF market valuation and performance through the second week of February and highlight recent market action. CEF price action was mixed, with higher-quality fixed-income sectors and interest...

Other symbols: NPFDPFO
8 months ago - Seeking Alpha

CIK: Shares Of This Junk Bond CEF Are Trading At An Unjustifiable Price

The Credit Suisse Asset Management Income Fund has a yield of 8.71%, lower than some other funds investing in fixed-income securities. The fund's share price has increased by 19.69% since October 9, o...

10 months ago - Seeking Alpha

CEF Weekly Review: CEF Launch Date Doesn't Matter (For Income)

We review CEF market valuation and performance through the second week of November and highlight recent market action. Most CEF sectors struggled during the week, with only Muni sectors finishing in t...

Other symbols: DHY
11 months ago - Seeking Alpha

CEF Weekly Review: Performance Is The Distribution Anchor For Equity CEFs

We review CEF market valuation and performance through the second week of October and highlight recent market action. CEFs had a good week; however, discount action remains depressed. Equity CEFs have...

Other symbols: DHYMCIMPV
1 year ago - Seeking Alpha

CIK: Moving Back To This High-Yield CEF Outperformer

We discuss our move back to CIK - a mostly high-yield corporate bond CEF - that has been a strong performer in the sector. The fund's net income has been stable over the past two years due to a modest...

1 year ago - Seeking Alpha

CIK: This Underfollowed Junk Bond Fund Is Actually Pretty Good

Credit Suisse Asset Management Income Fund, Inc offers a high level of income with a 10.42% yield, but that yield is not impressive compared to other income-focused closed-end funds. The fund has outp...

1 year ago - Seeking Alpha

CIK: Just Vote 'Yes'

Credit Suisse Asset Management Income Fund is a fixed income closed end fund that has been affected by Credit Suisse's merger with UBS. The merger has voided the Investment Advisory Agreement, leading...

1 year ago - Seeking Alpha

CIK And DHY: Why These Corporate Bond CEFs Belong In Most Income Portfolios

We highlight our strategy of allocating to a pair of sister High Yield corporate bond CEFs Credit Suisse Asset Management Income Fund, Inc and Credit Suisse High Yield Bond across our portfolios. Spec...

Other symbols: DHY
1 year ago - Seeking Alpha

CEF Weekly Review: Term CEFs Continue To Be Misunderstood

We review CEF market valuation and performance through the third week of May and highlight recent market action. CEFs were mostly down on the week as rising Treasury yields were the key headwind.

Other symbols: BSLDHYDMOEADEODERHGDO
1 year ago - Seeking Alpha

CIK: Resilient HY CEF, Back To Normal

Credit Suisse Asset Management Income Fund is a fixed income CEF focused on the U.S. high yield market. The CEF experienced a significant 10% widening of the discount to NAV when questions were swirli...

1 year ago - Seeking Alpha

The Month In Closed-End Funds: April 2023

For the first month in three, equity CEFs (+0.67% on a NAV basis) on average witnessed plus-side performance. While their fixed-income CEF cohorts (+0.56%) posted gains for the second consecutive mont...

Other symbols: CEEGRXKIOSTEWSWZXFLT
1 year ago - Seeking Alpha

CEF Weekly Review: The Key Difference Between Accounting Income And Cash Flow

We review CEF market valuation and performance through the first week of April and highlight recent market action. CEFs had a fairly flat week with higher-quality / longer-duration sectors outperformi...

Other symbols: DHYLDPPTAWIA
1 year ago - Seeking Alpha

Market Volatility Opens Up More CEF Relative Value Opportunities

Recent market volatility has opened up valuation divergences between very similar CEFs, creating opportunities for switches or outright holds. This offers income investors an opportunity to pick up ad...

Other symbols: DHYLDPPCMPTA
1 year ago - Seeking Alpha

CIK: Remarkable Market Action In This Credit Suisse CEF

Credit Suisse Asset Management Income Fund is a high yield closed end fund. CDS levels spiked massively for Credit Suisse on March 15 saw a massive spike in, and the share price was pummeled.

1 year ago - Seeking Alpha

Checking In On CIK, A Monthly Pay 10% Yielding Fund

Credit Suisse Asset Management Income Fund is a U.S. HY closed end fund. The CEF has a 10% true dividend yield, with no ROC currently utilized.

1 year ago - Seeking Alpha

CEF Weekly Review: Distribution Cuts Pick Up Where 2022 Left Off

We review CEF market valuation and performance through the first week of January and highlight recent market action. The CEF market had a strong start to the year, supported by higher stocks and lower...

Other symbols: DHY
1 year ago - Seeking Alpha

CEF Weekly Review: High Yields Understate Bond Distribution Coverage

We review CEF market valuation and performance through the third week of October and highlight recent market action. The CEF space was fairly flat this week with Munis underperforming and Equity-linke...

Other symbols: JNK
2 years ago - Seeking Alpha

Why We Are Buying 7-10% Yielding Corporate Credit

High-yield corporate bond yields have nearly doubled this year on the back of the rise in Treasury yields and a back-up in credit spreads. At current yields, we find corporate bonds attractive in an e...

Other symbols: EADIBHFSJNKWDI
2 years ago - Seeking Alpha

CIK: This 9.7%-Yielding Bond CEF Is Cheaper Than It Looks

High-yield corporate bonds have seen their yields rise into a much more attractive territory this year. We highlight CIK - a CEF that holds primarily high-yield corporate bonds that has outperformed t...

2 years ago - Seeking Alpha

CIK: HY Fund From Credit Suisse, 8.68% Yield

CIK is a closed end fund focused on fixed income.

2 years ago - Seeking Alpha

'High-High-Low' Closed-End Fund Report, February 2022: ARDC, HYB, JRI Buy Ratings Affirmed

Only funds with yields over 6.5%, coverage higher than 85% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.

Other symbols: ARDCBGHBGXBLWBWGDBLDHF
2 years ago - Seeking Alpha

The 'High-High-Low' Closed-End Fund Report, August 2021

Only funds with yields over 7%, coverage higher than 85% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.

Other symbols: ACPAODBGHBGXBTZDBLDHF
3 years ago - Seeking Alpha

The 'High-High-Low' Closed-End Fund Report, July 2021

Only funds with yields over 6.50%, coverage higher than 80% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.

Other symbols: ACPAODARDCBGHBGXDBLDSL
3 years ago - Seeking Alpha