May 16, 2016: CIK First Quarter Earnings Release (PDF)
May 17, 2016 at 08:32 am EDT
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FOR IMMEDIATE RELEASE
FOR IMMEDIATE RELEASE
Investor Relations: 1-800-293-1232
CREDIT SUISSE ASSET MANAGEMENT INCOME FUND, INC. REPORTS FIRST QUARTER EARNINGS
New York, New York - May 16, 2016: Credit Suisse Asset Management Income Fund, Inc. (NYSE Amex: CIK), a registered closed-end investment company, today announced earnings for the first quarter ended March 31, 2016.
Total net assets of the Fund on March 31, 2016 were $163,493,816 as compared with
$167,847,609 on December 31, 2015 and $190,107,872 on March 31, 2015. On March 31, 2016 the net asset value per share was $3.13 based on 52,275,901 shares outstanding.
March 31, 2016
December 31, 2015
March 31, 2015
Total Net Assets
$163,493,816
$167,847,609
$190,107,872
NAV Per Share
$3.13
$3.21
$3.64
Shares Outstanding
52,275,901
52,275,901
52,257,211
For the period January 1, 2016 through March 31, 2016, total net investment income was
$3,264,879 or $0.06 per share. The total net realized and unrealized loss was
$(34,479,591) or $(0.66) per share for the same period.
First Quarter
Ended March 31, 2016
Fourth Quarter
Ended December 31, 2015
First Quarter
Ended March 31, 2015
Total Net Investment Income
$3,264,879
$3,449,270
$3,325,279
Per Share
$0.06
$0.07
$0.06
Total Net Realized/ Unrealized Gain/(Loss)
$(34,479,591)
$(8,733,565)
$(7,188,903)
Per Share
$(0.66)
$(0.17)
$(0.14)
Credit Suisse Asset Management Income Fund, Inc. is managed by Credit Suisse Asset Management, LLC.
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Credit Suisse Asset Management Income Fund Inc. published this content on 16 May 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 17 May 2016 12:32:01 UTC.
Original documenthttps://www.credit-suisse.com/media/am/docs/us/asset-management/03-31-16-cik-earnings-release.pdf
Public permalinkhttp://www.publicnow.com/view/37BA30936F3BA0B00D8168F332624350D03F0E86
Credit Suisse Asset Management Income Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The investment objective of the Fund is to provide current income consistent with the preservation of capital. The Fund's investment portfolio will not be managed for capital appreciation. Under normal circumstances, the Fund invests at least 75% of its total assets in fixed income securities, such as bonds, convertible securities and preferred stocks. The Fund primarily invests in high yield fixed income securities that are in the lower rating categories of Moodyâs Investors Service, Inc. (Moody's), S&P Global Ratings (S&P) or another nationally recognized ratings service. The Fund may also invest in debt securities issued or guaranteed by the United States (U.S.) government, or by agencies or instrumentalities established or sponsored by the U.S. government, including mortgage-backed securities. The Fund's investment adviser is Credit Suisse Asset Management, LLC.
CREDIT SUISSE ASSET MANAGEMENT INCOME FUND, INC. 
