Calamos Advisors LLC Buys Shares of 119,875 Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK)

Calamos Advisors LLC acquired a new stake in shares of Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 119,875 shares of the company's stock, valued at approximately $348,000. Calamos Advisors LLC owned approximately 0.23% of Credit Suisse Asset Management Income Fund at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the business. Dynamic Advisor Solutions LLC raised its position in Credit Suisse Asset Management Income Fund by 15.3% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 62,826 shares of the company's stock valued at $182,000 after buying an additional 8,337 shares during the last quarter. Strategic Advisors LLC bought a new position in shares of Credit Suisse Asset Management Income Fund during the 1st quarter worth approximately $42,000. Virtu Financial LLC bought a new stake in Credit Suisse Asset Management Income Fund in the 4th quarter valued at $45,000. Citadel Advisors LLC bought a new stake in Credit Suisse Asset Management Income Fund in the 4th quarter valued at $74,000. Finally, Stifel Financial Corp boosted its stake in 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 valued at $238,000 after purchasing an additional 41,937 shares during the period. Institutional investors own 29.49% of the company's stock.

Credit Suisse Asset Management Income Fund Price Performance

NYSEAMERICAN CIK traded up $0.01 during midday trading on Thursday, hitting $2.99. The company had a trading volume of 721,350 shares, compared to its average volume of 547,116. The business has a 50-day moving average of $2.88. Credit Suisse Asset Management Income Fund, Inc. has a twelve month low of $2.56 and a twelve month high of $3.13.

Credit Suisse Asset Management Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, July 23rd. Stockholders of record on Wednesday, July 16th will be issued a dividend of $0.0225 per share. The ex-dividend date of this dividend is Wednesday, July 16th. This represents a $0.27 dividend on an annualized basis and a dividend yield of 9.03%.

About Credit Suisse Asset Management Income Fund

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.