Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) Insider Laura A. Defelice Purchases 40,766 Shares

Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) insider Laura A. Defelice bought 40,766 shares of Credit Suisse Asset Management Income Fund stock in a transaction dated Tuesday, January 21st. The stock was acquired at an average cost of $2.92 per share, with a total value of $119,036.72. Following the completion of the acquisition, the insider now directly owns 47,402 shares of the company’s stock, valued at approximately $138,413.84. The trade was a 614.32 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.

Credit Suisse Asset Management Income Fund Stock Up 0.3 %

NYSEAMERICAN CIK opened at $2.94 on Wednesday. Credit Suisse Asset Management Income Fund, Inc. has a 52-week low of $2.82 and a 52-week high of $3.13.

Credit Suisse Asset Management Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, January 24th. Stockholders of record on Thursday, January 16th will be issued a $0.0225 dividend. This represents a $0.27 dividend on an annualized basis and a dividend yield of 9.18%. The ex-dividend date is Thursday, January 16th.

Institutional Investors Weigh In On Credit Suisse Asset Management Income Fund

Several large investors have recently modified their holdings of CIK. HighTower Advisors LLC purchased a new position in Credit Suisse Asset Management Income Fund in the 3rd quarter valued at $34,000. Jane Street Group LLC acquired a new stake in shares of Credit Suisse Asset Management Income Fund in the 3rd quarter worth $37,000. Fortis Group Advisors LLC purchased a new stake in shares of Credit Suisse Asset Management Income Fund in the third quarter valued at about $39,000. B. Riley Wealth Advisors Inc. increased its stake in shares of Credit Suisse Asset Management Income Fund by 14.2% during the second quarter. B. Riley Wealth Advisors Inc. now owns 26,905 shares of the company’s stock worth $80,000 after acquiring an additional 3,337 shares during the period. Finally, Dynamic Advisor Solutions LLC raised its holdings in Credit Suisse Asset Management Income Fund by 20.2% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 54,489 shares of the company’s stock worth $157,000 after purchasing an additional 9,150 shares in the last quarter. Hedge funds and other institutional investors own 29.49% of the company’s stock.

Credit Suisse Asset Management Income Fund Company Profile

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.