Landscape Capital Management L.L.C. Grows Stock Holdings in Credit Suisse Asset Management Income Fund, Inc. $CIK

Key Points

• Landscape Capital Management L.L.C. increased its stake in Credit Suisse Asset Management Income Fund by 248.3% to own 492,844 shares, making its total investment worth approximately $1.43 million as of the latest SEC filing.
• Other institutional investors, including Stifel Financial Corp and Citadel Advisors LLC, have also adjusted their holdings in the fund, boosting institutional ownership to 29.49%.
• The Credit Suisse Asset Management Income Fund recently announced a monthly dividend of $0.0225 per share, providing a 9.2% dividend yield.

Landscape Capital Management L.L.C. boosted its position in shares of Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK - Free Report) by 248.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 492,844 shares of the company's stock after acquiring an additional 351,349 shares during the period. Landscape Capital Management L.L.C. owned about 0.93% of Credit Suisse Asset Management Income Fund worth $1,429,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of CIK. Calamos Advisors LLC purchased a new stake in shares of Credit Suisse Asset Management Income Fund during the 1st quarter worth $348,000. Shaker Financial Services LLC raised its stake in Credit Suisse Asset Management Income Fund by 130.1% in the first quarter. Shaker Financial Services LLC now owns 209,133 shares of the company's stock valued at $606,000 after buying an additional 118,247 shares in the last quarter. Chicago Partners Investment Group LLC acquired a new stake in Credit Suisse Asset Management Income Fund in the first quarter valued at $177,000. Wolverine Asset Management LLC lifted its holdings in Credit Suisse Asset Management Income Fund by 69.9% during the 1st quarter. Wolverine Asset Management LLC now owns 148,483 shares of the company's stock worth $431,000 after buying an additional 61,069 shares during the last quarter. Finally, Invesco Ltd. boosted its position in shares of Credit Suisse Asset Management Income Fund by 12.1% during the 1st quarter. Invesco Ltd. now owns 523,672 shares of the company's stock worth $1,519,000 after acquiring an additional 56,487 shares in the last quarter. 29.49% of the stock is owned by hedge funds and other institutional investors.

Credit Suisse Asset Management Income Fund Stock Performance

Shares of CIK traded up $0.01 during mid-day trading on Wednesday, reaching $2.97. The company's stock had a trading volume of 557,355 shares, compared to its average volume of 560,617. Credit Suisse Asset Management Income Fund, Inc. has a 12-month low of $2.56 and a 12-month high of $3.12. The firm's 50 day moving average price is $2.97.

Credit Suisse Asset Management Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, August 22nd. Shareholders of record on Friday, August 15th were issued a dividend of $0.0225 per share. The ex-dividend date of this dividend was Friday, August 15th. This represents a c) dividend on an annualized basis and a yield of 9.1%.

Credit Suisse Asset Management Income Fund Company 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.