Wolverine Asset Management LLC Has $431,000 Stock Holdings in Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK)

Wolverine Asset Management LLC lifted its position in shares of Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) by 69.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 148,483 shares of the company’s stock after acquiring an additional 61,069 shares during the quarter. Wolverine Asset Management LLC’s holdings in Credit Suisse Asset Management Income Fund were worth $431,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Calamos Advisors LLC bought a new position in shares of Credit Suisse Asset Management Income Fund in the 1st quarter worth about $348,000. Citadel Advisors LLC bought a new stake in Credit Suisse Asset Management Income Fund during the 4th quarter worth approximately $74,000. Dynamic Advisor Solutions LLC increased its holdings in Credit Suisse Asset Management Income Fund by 15.3% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 62,826 shares of the company’s stock worth $182,000 after purchasing an additional 8,337 shares in the last quarter. Shaker Financial Services LLC increased its holdings in Credit Suisse Asset Management Income Fund by 130.1% during the 1st quarter. Shaker Financial Services LLC now owns 209,133 shares of the company’s stock worth $606,000 after purchasing an additional 118,247 shares in the last quarter. Finally, Stifel Financial Corp boosted its stake in shares of Credit Suisse Asset Management Income Fund by 103.5% in the 4th quarter. Stifel Financial Corp now owns 82,437 shares of the company’s stock worth $238,000 after buying an additional 41,937 shares during the last quarter. Institutional investors and hedge funds own 29.49% of the company’s stock.

Credit Suisse Asset Management Income Fund Trading Down 0.7%

Shares of NYSEAMERICAN CIK opened at $2.97 on Monday. Credit Suisse Asset Management Income Fund, Inc. has a twelve month low of $2.56 and a twelve month high of $3.13. The business has a 50 day simple moving average of $2.93.

Credit Suisse Asset Management Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, July 23rd. Stockholders of record on Wednesday, July 16th were paid a $0.0225 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 9.1%. The ex-dividend date was Wednesday, July 16th.

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.