Credit Suisse Asset Management Income Fund : CIK Third Quarter Earnings Release (PDF)
November 17, 2020 at 08:33 am EST
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FOR IMMEDIATE RELEASE
Investor Relations:
1-800-293-1232
CREDIT SUISSE ASSET MANAGEMENT INCOME FUND, INC.
REPORTS THIRD QUARTER EARNINGS
New York, New York - November 13, 2020: Credit Suisse Asset Management Income Fund, Inc.
(NYSE Amex: CIK), a registered closed-end investment company, today announced earnings for the third quarter ended September 30, 2020.
Total net assets of the Fund on September 30, 2020 were $169,823,270 as compared with $160,940,056 on June 30, 2020 and $179,899,134 on September 30, 2019. On September 30, 2020, the net asset value per share was $3.25 based on 52,304,929 shares outstanding.
September 30, 2020
June 30, 2020
September 30, 2019
Total Net Assets
$169,823,270
$160,940,056
$179,899,134
NAV Per Share
$3.25
$3.08
$3.44
Shares
52,304,929
52,304,929
52,304,929
Outstanding
For the period July 1, 2020 through September 30, 2020, total net investment income was $3,608,979 or $0.07 per share. The total net realized and unrealized gain (loss) was $6,983,138 or $0.13 per share for the same period.
Third Quarter
Second Quarter
Third Quarter
Ended
Ended
Ended
September 30,
June 30, 2020
September 30,
2020
2019
Total Net Investment
Income
$3,608,979
$3,755,093
$3,395,994
Per Share
$0.07
$0.07
$0.06
Total Net Realized/
Unrealized Gain/(Loss)
$6,983,138
$17,321,361
$(920,275)
Per Share
$0.13
$0.33
$(0.02)
Credit Suisse Asset Management Income Fund, Inc. is managed by Credit Suisse Asset Management, LLC.
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Disclaimer
Credit Suisse Asset Management Income Fund Inc. published this content on 13 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 November 2020 13:32:02 UTC
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. 
