Credit Suisse Asset Management Income Fund, Inc. (CIK)

Profile

https://us-fund.credit-suisse.com/index.cfm?nav=funds&fundid=4&tab=1

Credit Suisse Asset Management Income Fund, Inc. is a closed-end investment fund focused on the U.S. fixed-income market. Its principal objective is to generate current income while preserving capital by predominantly investing at least 75% of its assets in fixed-income securities, such as bonds, debentures, and preferred stock. The fund specializes in high yield corporate debt, often referred to as "junk bonds," which are typically rated Baa or lower by Moody’s or BBB or lower by S&P, and may also allocate a portion of its portfolio to debt issued by developing nations. Managed by Credit Suisse Asset Management, LLC, the fund benchmarks its performance against the BofA Merrill Lynch US High Yield Master II Constrained Index. Since its inception in 1987, it has provided investors with exposure to the high yield sector, delivering regular income through diverse interest payments and distributions. The fund plays a significant role in financial markets by enabling investors to tap into the risk-adjusted return potential of lower-quality corporate credits, contributing to portfolio diversification within the broader asset management and financial sectors.