Credit Suisse Asset Management Income Fund, Inc. (NYSE American: CIK) is a diversified, closed‐end management investment company established in December 2005. The Fund seeks to provide shareholders with a high level of current income, with the potential for capital appreciation, by investing primarily in income‐producing securities. Its investment objective reflects a commitment to delivering attractive yield opportunities through a broad range of global fixed‐income markets.
The Fund pursues its objective by allocating at least 80% of its assets to a diversified portfolio that includes mortgage‐backed securities, U.S. government and agency obligations, corporate debt, leveraged loans, and both investment‐grade and high‐yield instruments. Beyond U.S. markets, the Fund may invest in international debt markets, including emerging market sovereign and corporate bonds, to capture yield across developed and developing economies. To enhance income potential for common shareholders, the Fund may employ leverage through borrowing and the issuance of preferred shares.
Credit Suisse Asset Management (USA) Inc., a subsidiary of Credit Suisse Group AG, serves as the Fund’s investment advisor. The advisor’s fixed‐income team leverages decades of global bond market experience, applying fundamental credit analysis and sector rotation strategies to manage interest rate and credit risk. Portfolio decisions are guided by a research‐driven approach, emphasizing downside protection and capital preservation across varying market environments.
Over its history, the Fund has navigated changing interest rate cycles and credit conditions through proactive portfolio management. Headquartered in New York City, Credit Suisse Asset Management (USA) draws on a global network of investment offices in London, Hong Kong, and Zurich. The Fund is overseen by an independent board of trustees, ensuring governance in the best interests of its public shareholders.
AI Generated. May Contain Errors.
Free CIK Stock Alerts