Credit Suisse Asset Management Income Fund, Inc. (CIK) to Distribute Monthly Dividend of $0.02 on July 23rd

Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) declared a monthly dividend on Wednesday, July 1st. Shareholders of record on Thursday, July 16th will be given a dividend of 0.02 per share on Thursday, July 23rd. This represents a c) annualized dividend and a yield of 9.7%. The ex-dividend date is Thursday, July 16th.

Credit Suisse Asset Management Income Fund Trading Down 0.4%

CIK stock opened at $2.47 on Tuesday. Credit Suisse Asset Management Income Fund has a 12-month low of $2.43 and a 12-month high of $3.04. The business’s 50-day moving average is $2.50 and its 200 day moving average is $2.63.

About Credit Suisse Asset Management Income Fund

Credit Suisse Asset Management Income Fund Inc (NYSE American: CIK) is a closed-end management investment company managed by Credit Suisse Asset Management, one of the world’s leading asset managers. The fund’s primary objective is to provide shareholders with a high level of current income, with a secondary objective of capital appreciation. It achieves this by investing in a diversified portfolio of income-producing securities across fixed-income and equity markets.

The fund typically allocates assets to a mix of investment-grade and below-investment-grade corporate bonds, bank loans, mortgage- and asset-backed securities, convertible securities and dividend-paying equities.