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Credit Suisse Asset Management Income Fund, Inc.
CIKFinancial ServicesAMEXUS
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Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK - Get Free Report) shares crossed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $2.82 and traded as low as $2.46. Credit Suisse Asset Management Income Fund shares last traded at $2.46, with
Credit Suisse Asset Management Income Fund targets high-yield fixed income, with 80% in US high-yield bonds and 35% leverage. CIK recently cut its monthly distribution to $0.0220, with poor distribution coverage (~0.62x) and 11.7% return of capital in 2025 distributions. The fund trades at a 5.95% discount to NAV, deeper than its historical average, but has underperformed peers over most recent periods.
