CIK: A Good 9.17% Yielding Junk Bond Fund, But It Is Not Cheap [Seeking Alpha]
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Credit Suisse Asset Management Income Fund, Inc. (CIK)
NASDAQ:AMEX Investor Relations:
credit-suisse.com/corporate/en/investor-relations.html
Company Research
Source: Seeking Alpha
The CIK closed-end fund's recent performance has been weaker than domestic investment-grade and junk bonds, but its distribution resulted in a better total return. The fund appears to have slightly reduced the portfolio's credit risk during the first half of 2024, which is probably due to analysts expecting an increase in defaults. The fund's leverage is quite reasonable compared to its peers, and it is covering its distribution, albeit barely. The price still seems a bit high, but the fund might be an okay choice if you can get it discounted. The Credit Suisse Asset Management Income Fund, Inc. NYSE: CIK ) is an under-followed closed-end fund, or CEF, that investors can employ as a method of boosting their incomes. That is a proposition that could prove very appealing to anyone who Recommended For You Recommended For You About CIK Ticker More on CIK Related Stocks Trending Analysis Trending News
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CIK
Sec Filings
- 6/21/24 - Form 8-K
- 5/29/24 - Form NPORT-P
- 5/2/24 - Form 8-K
- CIK's page on the SEC website