City of London Investment Management Co. Ltd. Purchases New Stake in Credit Suisse AM Inc Fund Inc. (NYSEAMERICAN:CIK)

City of London Investment Management Co. Ltd. acquired a new position in Credit Suisse AM Inc Fund Inc. (NYSEAMERICAN:CIK) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 28,596 shares of the company’s stock, valued at approximately $89,000. City of London Investment Management Co. Ltd. owned 0.05% of Credit Suisse AM Inc Fund as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. American Financial Advisors LLC bought a new position in shares of Credit Suisse AM Inc Fund during the 4th quarter valued at about $28,000. Integrated Capital Management Inc. acquired a new position in shares of Credit Suisse AM Inc Fund in the first quarter worth about $40,000. Two Sigma Securities LLC acquired a new position in shares of Credit Suisse AM Inc Fund in the fourth quarter worth about $44,000. FNY Investment Advisers LLC acquired a new position in shares of Credit Suisse AM Inc Fund in the first quarter worth about $52,000. Finally, Mutual Advisors LLC acquired a new position in shares of Credit Suisse AM Inc Fund in the fourth quarter worth about $54,000.

Shares of CIK stock traded up $0.01 during trading on Friday, hitting $3.11. 129,400 shares of the company were exchanged, compared to its average volume of 154,024. Credit Suisse AM Inc Fund Inc. has a twelve month low of $2.66 and a twelve month high of $3.23.

The company also recently declared a monthly dividend, which was paid on Monday, June 24th. Stockholders of record on Tuesday, June 18th were given a $0.0225 dividend. This represents a $0.27 dividend on an annualized basis and a dividend yield of 8.68%. The ex-dividend date was Monday, June 17th.

About Credit Suisse AM Inc 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.

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Institutional Ownership by Quarter for Credit Suisse AM Inc Fund (NYSEAMERICAN:CIK)

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