Investment Banking & Capital Markets
Closed End

Credit Suisse Asset Management Income Fund, Inc.

The High Yield team seeks to deliver attractive returns from U.S. high yield bond markets to investors. The platform offers access to a deep team of credit professionals, including sector analysts covering over 1,000 corporate issuers. The strategy aims to maximize total return from monetizing macro economic themes and exploiting sector and issuer performance and rating dispersion. The team’s proprietary credit ratings, trend outlook and spread volatility evaluation drive a disciplined portfolio construction process that has powered outperformance in the high yield bond asset class.

Fund Managers
Thomas J. Flannery
Managing Director
Senior Portfolio Manager

Wing Chan, CFA
Managing Director
US Portfolio Manager

David J. Mechlin, CFA
Managing Director
US Portfolio Manager

Joshua Shedroff
Director
Portfolio Manager

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The High Yield team seeks to deliver attractive returns from U.S. high yield bond markets to investors. The platform offers access to a deep team of credit professionals, including sector analysts covering over 1,000 corporate issuers. The strategy aims to maximize total return from monetizing macro economic themes and exploiting sector and issuer performance and rating dispersion. The team’s proprietary credit ratings, trend outlook and spread volatility evaluation drive a disciplined portfolio construction process that has powered outperformance in the high yield bond asset class.

Fund Details

Credit Suisse Asset Management Income Fund, Inc.

Advisor Credit Suisse Asset Management, LLC
Custodian State Street Bank & Trust Company
Inception Date 03-23-1987
Fund Domicile United States
Fund Structure Closed Ended Investment Company
Fund Strategy High Yield Bond

Share Class

Credit Suisse Asset Management Income Fund, Inc.

Ticker CIK
CUSIP 224916106
Currency USD
Gross Expense Ratio N/A
Net Expense Ratio N/A
Max initial sales charge N/A

Daily Prices

NAV 3.00
Daily Closing 2.95
Premium (Discount) -1.67
Net Assets $ 157,019,803
Outstanding Shares 52,338,992
Previous NAV 2.99
NAV change 0.01
NAV change in % 0.33%
Last Update: 08-11-2022

The performance data quoted represents past performance. Past performance does not guarantee future results. Investment return and principal value will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost; and that current performance may be lower or higher than the performance data quoted. 1 year, 3 years, 5 years, 10 years and since inception performance is annualized.


Monthly Performance Update as of 07-31-2022 Market Price

Period
YTD (13.86)%
1-Month 3.40%
3-Months (1.03)%
6-Months (10.25)%
1-Year (11.27)%
3-Years 4.62%
5-Years 4.87%
10-Years 5.12%
Since-Inception 04-15-1987 6.39%
Last Update: 07-31-2022

Quarterly Performance Update as of 06-30-2022 Market Price

Period
1-Year (15.60)%
3-Years 4.48%
5-Years 4.48%
10-Years 4.95%
Since-Inception 04-15-1987 6.30%
Last Update: 06-30-2022

Monthly Performance Update as of 07-31-2022 NAV

Period
YTD (10.17)%
1-Month 5.52%
3-Months (3.76)%
6-Months (8.91)%
1-Year (8.79)%
3-Years 3.15%
5-Years 4.55%
10-Years 6.20%
Since-Inception 04-15-1987 6.73%
Last Update: 07-31-2022

Quarterly Performance Update as of 06-30-2022 NAV

Period
1-Year (13.50)%
3-Years 1.56%
5-Years 3.68%
10-Years 5.82%
Since-Inception 04-15-1987 6.59%
Last Update: 06-30-2022

High yield bonds are lower-quality instruments also known as "junk" bonds. Such bonds entail greater risks than those found in higher-rated securities.

Seeks current income consistent with the preservation of capital by investing primarily in fixed-income securities.

Under normal circumstances, the Fund will invest at least 75% of its total assets in fixed-income securities, such as bonds, debentures, and preferred stock.

Most of the portfolio invested in U.S. high yield corporate debt, with some exposure to sovereign or corporate debt of developing nations.