90,886 Shares in Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) Acquired by Shaker Financial Services LLC

Shaker Financial Services LLC bought a new stake in shares of Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 90,886 shares of the company’s stock, valued at approximately $263,000. Shaker Financial Services LLC owned approximately 0.17% of Credit Suisse Asset Management Income Fund at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in CIK. HighTower Advisors LLC acquired a new stake in shares of Credit Suisse Asset Management Income Fund in the 3rd quarter worth approximately $34,000. Jane Street Group LLC bought a new position in Credit Suisse Asset Management Income Fund during the 3rd quarter valued at $37,000. Dynamic Advisor Solutions LLC increased its position in shares of Credit Suisse Asset Management Income Fund by 20.2% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 54,489 shares of the company’s stock valued at $157,000 after purchasing an additional 9,150 shares during the period. IMS Capital Management raised its stake in shares of Credit Suisse Asset Management Income Fund by 2.9% in the 4th quarter. IMS Capital Management now owns 201,321 shares of the company’s stock worth $582,000 after buying an additional 5,679 shares in the last quarter. Finally, Atria Wealth Solutions Inc. boosted its stake in Credit Suisse Asset Management Income Fund by 63.5% during the fourth quarter. Atria Wealth Solutions Inc. now owns 22,731 shares of the company’s stock valued at $66,000 after buying an additional 8,831 shares in the last quarter. Institutional investors and hedge funds own 29.49% of the company’s stock.

Credit Suisse Asset Management Income Fund Price Performance

NYSEAMERICAN:CIK opened at $2.66 on Tuesday. Credit Suisse Asset Management Income Fund, Inc. has a 52-week low of $2.56 and a 52-week high of $3.13.

Credit Suisse Asset Management Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, April 23rd. Investors of record on Tuesday, April 15th will be issued a $0.0225 dividend. The ex-dividend date is Tuesday, April 15th. This represents a $0.27 dividend on an annualized basis and a dividend yield of 10.15%.

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.