Calamos Advisors LLC Acquires 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 its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 119,875 shares of the company's stock, valued at approximately $348,000. Calamos Advisors LLC owned about 0.23% of Credit Suisse Asset Management Income Fund as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Landscape Capital Management L.L.C. purchased a new stake in shares of Credit Suisse Asset Management Income Fund in the fourth quarter worth about $409,000. LPL Financial LLC increased its position in shares of Credit Suisse Asset Management Income Fund by 8.8% in the fourth quarter. LPL Financial LLC now owns 1,624,704 shares of the company's stock worth $4,695,000 after purchasing an additional 131,598 shares during the last quarter. Shaker Financial Services LLC bought a new position in shares of Credit Suisse Asset Management Income Fund in the fourth quarter worth approximately $263,000. Invesco Ltd. increased its position in shares of Credit Suisse Asset Management Income Fund by 21.7% in the fourth quarter. Invesco Ltd. now owns 467,185 shares of the company's stock worth $1,350,000 after purchasing an additional 83,246 shares during the last quarter. Finally, Stifel Financial Corp increased its position in shares of Credit Suisse Asset Management Income Fund by 103.5% in the fourth quarter. Stifel Financial Corp now owns 82,437 shares of the company's stock worth $238,000 after purchasing an additional 41,937 shares during the last quarter. 29.49% of the stock is owned by hedge funds and other institutional investors.

Credit Suisse Asset Management Income Fund Trading Down 0.2%

Shares of CIK stock traded down $0.01 during trading on Wednesday, hitting $2.98. The company had a trading volume of 491,565 shares, compared to its average volume of 614,727. Credit Suisse Asset Management Income Fund, Inc. has a 52 week low of $2.56 and a 52 week high of $3.13. The business's 50-day simple moving average is $2.88.

Credit Suisse Asset Management Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, July 23rd. Shareholders of record on Wednesday, July 16th will be given a dividend of $0.0225 per share. This represents a $0.27 dividend on an annualized basis and a yield of 9.08%. 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.