Credit Suisse Asset Management Income Fund, Inc. (CIK) Shares Bought by Shaker Financial Services LLC

Shaker Financial Services LLC boosted its stake in shares of Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) by 49.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 529,962 shares of the company’s stock after buying an additional 174,600 shares during the period. Shaker Financial Services LLC owned approximately 1.01% of Credit Suisse Asset Management Income Fund worth $1,797,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Sigma Planning Corp raised its holdings in shares of Credit Suisse Asset Management Income Fund by 256.2% in the second quarter. Sigma Planning Corp now owns 246,198 shares of the company’s stock valued at $830,000 after purchasing an additional 177,080 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in shares of Credit Suisse Asset Management Income Fund by 0.6% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 50,672 shares of the company’s stock valued at $171,000 after purchasing an additional 312 shares during the last quarter. QCM Cayman Ltd. acquired a new stake in shares of Credit Suisse Asset Management Income Fund in the second quarter valued at approximately $275,000. Wedbush Securities Inc. raised its holdings in shares of Credit Suisse Asset Management Income Fund by 10.8% in the second quarter. Wedbush Securities Inc. now owns 385,147 shares of the company’s stock valued at $1,298,000 after purchasing an additional 37,695 shares during the last quarter. Finally, Wells Fargo & Company MN raised its holdings in shares of Credit Suisse Asset Management Income Fund by 50.5% in the second quarter. Wells Fargo & Company MN now owns 82,353 shares of the company’s stock valued at $277,000 after purchasing an additional 27,649 shares during the last quarter.

In related news, major shareholder Saba Capital Management, L.P. sold 16,186 shares of the firm’s stock in a transaction on Tuesday, August 29th. The shares were sold at an average price of $3.34, for a total value of $54,061.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Credit Suisse Asset Management Income Fund, Inc. (CIK) traded up $0.02 during midday trading on Friday, hitting $3.32. 43,907 shares of the stock were exchanged, compared to its average volume of 155,011. Credit Suisse Asset Management Income Fund, Inc. has a 12 month low of $3.08 and a 12 month high of $3.50.

The company also recently announced a monthly dividend, which was paid on Thursday, November 16th. Investors of record on Thursday, November 9th were paid a $0.022 dividend. The ex-dividend date of this dividend was Wednesday, November 8th. This represents a $0.26 annualized dividend and a dividend yield of 7.95%. Credit Suisse Asset Management Income Fund’s dividend payout ratio is presently 43.33%.

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About Credit Suisse Asset Management Income Fund

Credit Suisse Asset Management Income Fund, Inc is a diversified, closed-end management investment fund. The Fund’s investment objective is to provide current income consistent with the preservation of capital. The Fund invests in a range of sectors, which include advertising, auto parts and equipment, brokerage, building and construction, building materials, cable and satellite television, chemicals, consumer/commercial/lease financing, electronics, energy-exploration and production, food-wholesale, forestry and paper, gas distribution, health facilities, insurance brokerage, media-diversified, media content, medical products, metals and mining, oil field equipment and services, packaging, personal and household products, pharmaceuticals, software-services, real estate investment trusts, restaurants, specialty retail, and recreation and travel.

Institutional Ownership by Quarter for Credit Suisse Asset Management Income Fund (NYSEAMERICAN:CIK)

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