Chicago Partners Investment Group LLC Purchases New Shares in Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK)

Chicago Partners Investment Group LLC acquired a new position in shares of Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 62,441 shares of the company’s stock, valued at approximately $177,000. Chicago Partners Investment Group LLC owned 0.12% of Credit Suisse Asset Management Income Fund at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of CIK. Strategic Advisors LLC acquired a new stake in Credit Suisse Asset Management Income Fund during the 1st quarter worth about $42,000. Citadel Advisors LLC acquired a new stake in shares of Credit Suisse Asset Management Income Fund during the 4th quarter valued at about $74,000. Atria Wealth Solutions Inc. lifted its holdings in shares of Credit Suisse Asset Management Income Fund by 118.0% during the 1st quarter. Atria Wealth Solutions Inc. now owns 49,550 shares of the company’s stock valued at $144,000 after buying an additional 26,819 shares during the last quarter. Dynamic Advisor Solutions LLC lifted its holdings in shares of Credit Suisse Asset Management Income Fund by 15.3% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 62,826 shares of the company’s stock valued at $182,000 after buying an additional 8,337 shares during the last quarter. Finally, Stifel Financial Corp lifted its holdings in shares of Credit Suisse Asset Management Income Fund by 103.5% during the 4th quarter. Stifel Financial Corp now owns 82,437 shares of the company’s stock valued at $238,000 after buying an additional 41,937 shares during the last quarter. 29.49% of the stock is currently owned by institutional investors and hedge funds.

Credit Suisse Asset Management Income Fund Price Performance

Shares of Credit Suisse Asset Management Income Fund stock opened at $2.99 on Wednesday. Credit Suisse Asset Management Income Fund, Inc. has a 52-week low of $2.56 and a 52-week high of $3.13. The firm’s 50-day moving average price is $2.94.

Credit Suisse Asset Management Income Fund Announces Dividend

The company also recently declared a dividend, which will be paid on Friday, August 22nd. Stockholders of record on Monday, August 18th will be issued a dividend of $0.0225 per share. This represents a dividend yield of 905.0%. The ex-dividend date is Friday, August 15th.

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.