Credit Suisse Asset Management Income Fund

Credit Suisse Asset Management Income Fund, Inc. is a closed-ended fund, which engages in investing in the fixed income markets and companies operating across diversified industries. It seeks current income consistent with the preservation of capital by investing primarily in fixed-income securities. The company was founded on February 11, 1987 and is headquartered in New York, NY.

Blackstone/GSO Senior Floating Rate Term Fund

Credit Suisse High Yield Bond Fund

Western Asset Mortgage Opportunity Fund

Wells Fargo Income Opportunities Fund

Allspring Global Dividend Opportunity Fund

Wells Fargo Utilities and High Income Fund

Western Asset Global Corp Defined Opportunity Fund Inc

Invesco High Income 2023 Target Term Fund

Nuveen Preferred & Income Term Fund

Nuveen Preferred & Income 2022 Term Fund

We review CEF market valuation and performance through the third week of May and highlight recent market action. CEFs were mostly down on the week as rising Treasury yields were the key headwind.

CEF Weekly Review: Term CEFs Continue To Be Misunderstood

Credit Suisse Asset Management Income Fund is a fixed income CEF focused on the U.S. high yield market. The CEF experienced a significant 10% widening of the discount to NAV when questions were swirling regarding Credit Suisse's viability.

CIK: Resilient HY CEF, Back To Normal

Central and Eastern Europe Fund

First Trust Dynamic Europe Equity Income Fund

Gabelli Healthcare & Wellness Trust

KKR Income Opportunities Fund

SRH Total Return Fund Inc

Swiss Helvetia Fund

XAI Octagon Floating Rate & Alternative Income Term Trust

For the first month in three, equity CEFs (+0.67% on a NAV basis) on average witnessed plus-side performance. While their fixed-income CEF cohorts (+0.56%) posted gains for the second consecutive month.

The Month In Closed-End Funds: April 2023

Cohen & Steers Ltd. Duration Preferred & Income Fund, Inc.

Cohen & Steers Tax-Adv Pref Secs and Inc Fund

Western Asset/Claymore Inflation-Linked Securities & Income Fund

We review CEF market valuation and performance through the first week of April and highlight recent market action. CEFs had a fairly flat week with higher-quality / longer-duration sectors outperforming due to the continued drop in longer-term Treasury yields.

CEF Weekly Review: The Key Difference Between Accounting Income And Cash Flow

PCM Fund

Recent market volatility has opened up valuation divergences between very similar CEFs, creating opportunities for switches or outright holds. This offers income investors an opportunity to pick up additional yield, adopt a more defensive stance, and generate alpha in their portfolios.

Market Volatility Opens Up More CEF Relative Value Opportunities

Credit Suisse Asset Management Income Fund is a high yield closed end fund. CDS levels spiked massively for Credit Suisse on March 15 saw a massive spike in, and the share price was pummeled.

CIK: Remarkable Market Action In This Credit Suisse CEF

Credit Suisse Asset Management Income Fund is a U.S. HY closed end fund. The CEF has a 10% true dividend yield, with no ROC currently utilized.

Checking In On CIK, A Monthly Pay 10% Yielding Fund

We review CEF market valuation and performance through the first week of January and highlight recent market action. The CEF market had a strong start to the year, supported by higher stocks and lower Treasury yields.

CEF Weekly Review: Distribution Cuts Pick Up Where 2022 Left Off

SPDR Bloomberg High Yield Bond ETF

Nuveen Intermediate Duration Municipal Term Fund

Nuveen Intermediate Duration Quality Municipal Term Fund

We review CEF market valuation and performance through the third week of October and highlight recent market action. The CEF space was fairly flat this week with Munis underperforming and Equity-linked funds outperforming.

CEF Weekly Review: High Yields Understate Bond Distribution Coverage

iShares iBonds 2026 Term High Yield and Income ETF

SPDR Nuveen Bloomberg Short Term Municipal Bond ETF

Western Asset Diversified Income Fund

High-yield corporate bond yields have nearly doubled this year on the back of the rise in Treasury yields and a back-up in credit spreads. At current yields, we find corporate bonds attractive in an environment of low default rates, strong macro indicators and decent corporate fundamentals.

Why We Are Buying 7-10% Yielding Corporate Credit

High-yield corporate bonds have seen their yields rise into a much more attractive territory this year. We highlight CIK - a CEF that holds primarily high-yield corporate bonds that has outperformed the sector over various time periods.

CIK: This 9.7%-Yielding Bond CEF Is Cheaper Than It Looks

CIK is a closed end fund focused on fixed income.

CIK: HY Fund From Credit Suisse, 8.68% Yield

Apollo Tactical Income Fund, Inc.

Ares Dynamic Credit Allocation Fund

Barings Global Short Duration High Yield Fund

Blackstone Long-Short Credit Income Fund

Blackrock Limited Duration Income Trust

Brandywine Global Income Opportunities Fund Inc

Doubleline Opportunistic Credit Fund

Dreyfus High Yield Strategies Fund

DoubleLine Income Solutions Fund

Eagle Point Credit

Stone Harbor Emerging Markets Total Income Fund

Western Asset Global High Income Fund

Flaherty & Crumrine Total Return Fund Inc

First Trust Intermediate Duration Preferred & Income Fund

Western Asset High Income Opportunity Fund Inc

Western Asset High Income Fund

Pioneer Diversified High Income Trust

New American High Income Fund

Nuveen Preferred & Income Securities Fund

Nuveen Real Asset Income & Growth Fund

Only funds with yields over 6.5%, coverage higher than 85% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.

'High-High-Low' Closed-End Fund Report, February 2022: ARDC, HYB, JRI Buy Ratings Affirmed

Aberdeen Income Credit Strategies Fund

Alpine Total Dynamic Dividend Fund

BlackRock Credit Allocation Income Trust

DoubleLine Yield Opportunities Fund

Western Asset Emerging Markets Debt Fund

First Trust MLP & Energy Income Fund

PGIM Global High Yield Fund

John Hancock Preferred Income Fund

John Hancock Tax-Advantaged Dividend Income Fund

PGIM High Yield Bond Fund

RiverNorth Capital and Income Fund

Only funds with yields over 7%, coverage higher than 85% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.

The 'High-High-Low' Closed-End Fund Report, August 2021

Blackrock Debt Strategies Fund Inc

First Trust New Opportunities Mlp & Energy Fund

Pioneer Floating Rate Trust

Pioneer High Income Trust

Only funds with yields over 6.50%, coverage higher than 80% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.

The 'High-High-Low' Closed-End Fund Report, July 2021

MainStay MacKay DefinedTerm Municipal Opportunities Fund

Nuveen Municipal Credit Income Fund

Invesco Municipal Income Opportunities Trust

A lack of further yield compression and low yields suggest that future fixed-income returns are likely to be well below their historic levels. This suggests that investors should seek out funds that are able to deliver additional alpha through structural features or active management.

Double Down On Alpha In CEF Allocation

Eagle Point Income Company Inc

Virtus AllianzGI Convertible & Income Fund

With valuations tightening and a number of risks on the radar, it makes sense to take a margin-of-safety approach to income portfolios. In this margin-of-safety installment, we discuss allocating to fixed-income CEFs with a more stable historic income profile paired with a strong coverage level.

CEF Income Margin-Of-Safety Opportunities

BlackRock Municipal 2030 Target Term Trust

MFS Investment Grade Municipal Trust

Virtus AllianzGI Convertible & Income Fund II

Nuveen Select Tax-Free Income Portfolio 3

As Q1 comes to an end, we take a look at the performance of the CEF market year-to-date. We also take a look at the key drivers of CEF discounts going forward.

CEF Market Update

AllianceBernstein Global High Income Fund Inc

BlackRock 2022 Global Income Opportunity Trust

iShares Fallen Angels USD Bond ETF

Western Asset High Yield Defined Opportunity Fund Inc

BlackRock Corporate High Yield Fund

Nuveen Credit Opportunities 2022 Target Term Fund

MFS Charter Income Trust

Neuberger Berman High Yield Strategies Fund Inc

Brookfield Real Assets Income Fund

Invesco High Income Trust II

The high-yield CEF sector has done well though not as well as other sectors in terms of discount returns in the last month (+1.3%). The sector as a whole is near its long-term fair value with a discount of -5%. But with spreads near the pre-COVID tightest levels, there isn't much upside for NAVs.

CEF Analysis: High-Yield Sector Update

We take a look at the high-yield CEF sector which enjoys an above average yield across the CEF space and a still reasonable discount valuation.

High Yield CEF Sector Update

John Hancock Preferred Income Fund II

Ivy High Income Opportunities Fund

Only funds with yield over 7.5%, coverage higher than 90% and trading at a discount are considered. Top lists of discount, yield, DxY and DxYxZ are given. The top DxYxZ funds are DSL, HPI, and HPF.

'High-High-Low' Closed-End Fund Report, (Belated) January 2021

Apollo Senior Floating Rate Fund

Blackrock California Muni Income Trust

Dreyfus Alcentra Global Credit Income 2024 Target Term Fund, Inc.

Eagle Point Credit Company Inc 7.75 % Pfd Registered Shs 2016-30.10.26 Series B

Eagle Point Credit Company Inc - 6.6875% NT REDEEM 30/04/2028 USD 25

Eagle Point Cr 6.75 % Notes 2017-30.09.27

Nuveen Global High Income Fund

Nuveen Mortgage Opportunity Term Fund

Nuveen Multi-Market Income Fund

Nuveen Preferred & Income Opportunities Fund

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. The top DxY funds are NHF, ARDC and KIO.

The Quality Closed-End Fund Report, January 2021

CrowdStrike

Alphabet

Goldman Sachs

Microsoft

Palo Alto Networks

Shopify

Sony

Block

Twitter

Verizon

Zoom Video

Zscaler

Cybersecurity products are seeing rapid adoption and their stocks have also done well -- is this all sustainable?

How COVID-19 Has Changed Cybersecurity

Eaton Vance Senior Floating Rate Fund

MFS Multimarket Income Trust

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

Cohen & Steers Select Preferred and Income Fund

RiverNorth Opportunities Fund, Inc.

Just to be clear, these are not "buy" recommendations but considerations if you own the "sell" fund.

News for Credit Suisse Asset Management Income Fund ETF (CIK)