Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) Position Decreased by Ameriprise Financial Inc.

Ameriprise Financial Inc. cut its position in Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK - Free Report) by 51.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 275,654 shares of the company's stock after selling 291,820 shares during the quarter. Ameriprise Financial Inc. owned 0.52% of Credit Suisse Asset Management Income Fund worth $797,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Virtu Financial LLC acquired a new stake in shares of Credit Suisse Asset Management Income Fund during the fourth quarter worth $45,000. Atria Wealth Solutions Inc. raised its holdings in shares of Credit Suisse Asset Management Income Fund by 63.5% during the fourth quarter. Atria Wealth Solutions Inc. now owns 22,731 shares of the company's stock worth $66,000 after purchasing an additional 8,831 shares during the period. Stifel Financial Corp raised its holdings in shares of 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 purchasing an additional 41,937 shares during the period. Wolverine Asset Management LLC acquired a new stake in shares of Credit Suisse Asset Management Income Fund during the fourth quarter worth $253,000. Finally, Shaker Financial Services LLC acquired a new stake in shares of Credit Suisse Asset Management Income Fund during the fourth quarter worth $263,000. 29.49% of the stock is currently owned by hedge funds and other institutional investors.

Credit Suisse Asset Management Income Fund Price Performance

Shares of NYSEAMERICAN:CIK remained flat at $2.87 on Wednesday. 637,456 shares of the company's stock were exchanged, compared to its average volume of 519,194. 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 has a fifty day simple moving average of $2.80.

Credit Suisse Asset Management Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, June 24th. Investors of record on Monday, June 16th will be issued a $0.0225 dividend. The ex-dividend date of this dividend is Monday, June 16th. This represents a $0.27 dividend on an annualized basis and a dividend yield of 9.41%.

Credit Suisse Asset Management Income Fund Profile

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.