Jane Street Group LLC Makes New $37,000 Investment in Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK)

Jane Street Group LLC bought a new stake in Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 12,087 shares of the company’s stock, valued at approximately $37,000.

Several other hedge funds have also made changes to their positions in CIK. HighTower Advisors LLC purchased a new stake in shares of Credit Suisse Asset Management Income Fund during the third quarter worth approximately $34,000. Fiera Capital Corp raised its position in Credit Suisse Asset Management Income Fund by 555.2% during the 3rd quarter. Fiera Capital Corp now owns 166,450 shares of the company’s stock worth $514,000 after buying an additional 141,044 shares during the last quarter. Fortis Group Advisors LLC purchased a new position in Credit Suisse Asset Management Income Fund during the 3rd quarter worth $39,000. IMS Capital Management lifted its stake in shares of Credit Suisse Asset Management Income Fund by 63.3% in the 2nd quarter. IMS Capital Management now owns 194,581 shares of the company’s stock worth $597,000 after acquiring an additional 75,404 shares during the period. Finally, B. Riley Wealth Advisors Inc. boosted its holdings in shares of Credit Suisse Asset Management Income Fund by 14.2% in the second quarter. B. Riley Wealth Advisors Inc. now owns 26,905 shares of the company’s stock valued at $80,000 after acquiring an additional 3,337 shares in the last quarter. Institutional investors and hedge funds own 29.49% of the company’s stock.

Credit Suisse Asset Management Income Fund Price Performance

Shares of Credit Suisse Asset Management Income Fund stock opened at $2.91 on Friday. Credit Suisse Asset Management Income Fund, Inc. has a 52-week low of $2.82 and a 52-week high of $3.13.

Credit Suisse Asset Management Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, January 24th. Shareholders of record on Thursday, January 16th will be given a dividend of $0.0225 per share. This represents a $0.27 annualized dividend and a yield of 9.28%. The ex-dividend date of this dividend is Thursday, January 16th.

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.