Wolverine Asset Management LLC Buys Shares of 87,414 Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK)

Wolverine Asset Management LLC purchased a new position in Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 87,414 shares of the company’s stock, valued at approximately $253,000. Wolverine Asset Management LLC owned about 0.16% of Credit Suisse Asset Management Income Fund at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of CIK. IMS Capital Management grew its position in Credit Suisse Asset Management Income Fund by 2.9% in the 4th quarter. IMS Capital Management now owns 201,321 shares of the company’s stock worth $582,000 after purchasing an additional 5,679 shares during the period. Atria Wealth Solutions Inc. grew its holdings in shares of Credit Suisse Asset Management Income Fund by 63.5% in the fourth quarter. Atria Wealth Solutions Inc. now owns 22,731 shares of the company’s stock worth $66,000 after acquiring an additional 8,831 shares during the period. Dynamic Advisor Solutions LLC increased its position in Credit Suisse Asset Management Income Fund by 20.2% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 54,489 shares of the company’s stock valued at $157,000 after acquiring an additional 9,150 shares during the last quarter. HighTower Advisors LLC bought a new position in Credit Suisse Asset Management Income Fund in the third quarter valued at about $34,000. Finally, Jane Street Group LLC purchased a new position in Credit Suisse Asset Management Income Fund in the third quarter worth about $37,000. 29.49% of the stock is owned by hedge funds and other institutional investors.

Credit Suisse Asset Management Income Fund Stock Down 0.7 %

Credit Suisse Asset Management Income Fund stock opened at $2.94 on Monday. 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 Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, February 25th. Investors of record on Tuesday, February 18th will be given a dividend of $0.0225 per share. The ex-dividend date is Tuesday, February 18th. This represents a $0.27 annualized dividend and a yield of 9.18%.

Insider Buying and Selling at Credit Suisse Asset Management Income Fund

In related news, insider Laura A. Defelice acquired 40,766 shares of the stock in a transaction dated Tuesday, January 21st. The shares were purchased at an average cost of $2.92 per share, with a total value of $119,036.72. Following the transaction, the insider now directly owns 47,402 shares in the company, valued at approximately $138,413.84. This represents a 614.32 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 18.63% of the stock is owned by corporate insiders.

About Credit Suisse Asset Management Income Fund

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.