August 15, 2023: CIK Announces Second Quarter Earnings
August 17, 2023 at 02:04 am EDT
Share
FOR IMMEDIATE RELEASE
Investor Relations:
1-800-293-1232
CREDIT SUISSE ASSET MANAGEMENT INCOME FUND, INC.
REPORTS SECOND QUARTER EARNINGS
New York, New York - August 15, 2023: Credit Suisse Asset Management Income Fund, Inc.
(NYSE Amex: CIK), a registered closed-end investment company, today announced earnings for the second quarter ended June 30, 2023.
Total net assets of the Fund on June 30, 2023 were $149,399,003 as compared with $147,349,410 on March 31, 2023 and $146,269,016 on June 30, 2022. On June 30, 2023, the net asset value per share was $2.84 based on 52,644,857 shares outstanding.
June 30, 2023
March 31, 2023
June 30, 2022
Total Net Assets
$149,399,003
$147,349,410
$146,269,016
NAV Per Share
$2.84
$2.80
$2.79
Shares Outstanding
52,644,857
52,639,142
52,338,992
For the period April 1, 2023 through June 30, 2023, total net investment income was $3,188,166 or $0.06 per share. The total net realized and change in unrealized gain (loss) was $2,398,397 or $0.06 per share for the same period.
Second Quarter
First Quarter
Second Quarter
Ended
Ended
Ended
June 30, 2023
March 31, 2023
June 30, 2022
Total Net Investment
Income
$3,188,166
$3,263,901
$3,004,816
Per Share
$0.06
$0.06
$0.06
Total Net Realized/
$2,398,397
$3,708,008
$(22,652,595)
Change in Unrealized
Gain/(Loss)
Per Share
$0.06
$0.07
$(0.43)
The financial information contained herein is solely based upon the data available at the time of publication of this press release, and there is no assurance that any future results will be the same or similar to the results reported herein. Information that was obtained from third party sources we believe to be reliable is not guaranteed as to its accuracy or completeness. This press release contains no recommendations to buy or sell any specific securities and should not be considered investment advice of any kind. Past performance is no guarantee of future results. There can be no assurance that the Fund will meet its stated objective. In making any investment decision, individuals should utilize other information sources and the advice of their own professional adviser.
Credit Suisse Asset Management Income Fund, Inc. is managed by Credit Suisse Asset Management, LLC."
with "Credit Suisse Asset Management, LLC, the Fund's investment adviser, is part of the Asset Management business of Credit Suisse AG, and an indirect subsidiary of UBS Group AG, a global financial services company
headquartered in Zurich.
Attachments
Original Link
Original Document
Permalink
Disclaimer
Credit Suisse Asset Management Income Fund Inc. published this content on 15 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 August 2023 06:03:03 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. 
