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.
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 | UBS Asset Management (Americas) 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 | 2.97 |
| Daily Closing | 2.89 |
| Premium (Discount) | -2.69 |
| Net Assets | $ 162,619,625 |
| Outstanding Shares | 54,806,240 |
| Previous NAV | 2.96 |
| NAV change | 0.01 |
| NAV change in % | 0.34% |
| Last Update: | 12-27-2024 |
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 11-30-2024 Market Price
| Period | CIK |
|---|---|
| YTD | 3.44% |
| 1-Month | 1.43% |
| 3-Months | (1.69)% |
| 6-Months | 6.02% |
| 1-Year | 18.63% |
| 3-Years | 4.97% |
| 5-Years | 7.96% |
| 10-Years | 7.91% |
| Since-Inception 04-15-1987 | 6.78% |
| Last Update: 11-30-2024 | |
Quarterly Performance Update as of 09-30-2024 Market Price
| Period | CIK |
|---|---|
| 1-Year | 31.32% |
| 3-Years | 5.78% |
| 5-Years | 9.21% |
| 10-Years | 8.15% |
| Since-Inception 04-15-1987 | 6.89% |
| Last Update: 09-30-2024 | |
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.