Calamos Advisors LLC Acquires New Stake in Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK)

Calamos Advisors LLC purchased a new position in Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK - Free Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 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 quarter.

Several other hedge funds have also modified their holdings of CIK. Strategic Advisors LLC bought a new position in shares of Credit Suisse Asset Management Income Fund during the 1st quarter worth $42,000. Virtu Financial LLC acquired a new stake in Credit Suisse Asset Management Income Fund during the fourth quarter worth about $45,000. Citadel Advisors LLC acquired a new stake in Credit Suisse Asset Management Income Fund during the fourth quarter worth about $74,000. Dynamic Advisor Solutions LLC grew its holdings in Credit Suisse Asset Management Income Fund by 15.3% during the first quarter. Dynamic Advisor Solutions LLC now owns 62,826 shares of the company's stock worth $182,000 after acquiring an additional 8,337 shares during the period. Finally, Stifel Financial Corp grew its holdings in Credit Suisse Asset Management Income Fund by 103.5% during the fourth quarter. Stifel Financial Corp now owns 82,437 shares of the company's stock worth $238,000 after acquiring an additional 41,937 shares during the period. 29.49% of the stock is owned by hedge funds and other institutional investors.

Credit Suisse Asset Management Income Fund Trading Down 0.3%

CIK traded down $0.01 during trading on Tuesday, hitting $2.97. The company's stock had a trading volume of 804,925 shares, compared to its average volume of 543,487. The business's fifty day moving average price is $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 company also recently declared a monthly dividend, which will be paid on Wednesday, July 23rd. Stockholders of record on Wednesday, July 16th will be paid a $0.0225 dividend. This represents a $0.27 dividend on an annualized basis and a dividend yield of 9.09%. The ex-dividend date of this dividend is Wednesday, July 16th.

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.