CIK News and Press, Credit Suisse Asset Management Income Fund Inc. From 09/03/22

Summary We review CEF market valuation and performance through the fourth week of August and highlight recent market action. CEFs had a second down week, after a solid rally over the previous month. We look at a liquidating term fund EFL to see how its NAV has performed over a...

The BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund (DCF) is a CEF with a December 2024 target maturity date. The fund's collateral has a short average effective duration of 1.47 years. The CEF has a high allocation to subordinated CLO tranches and generally ha...

How the market environment will develop in the medium term is highly uncertain due to an unusual post-pandemic recovery, an unusually high level of inflation, and Fed's hiking path. We revisit our All-Weather Income Portfolio, focusing on a fund version for investors who are less comf...

VLT is a fixed income CEF focusing on high yield bonds. The fund is trading at a -10% discount and has an 11% yield but exposes poor long term analytics. VLT has a high industry concentration with Consumer Cyclical, Communications and Energy representing the highest allocations. ...

The revised long-term outlook projects an annualized return of 4.9%. The current risk premium forecast for GMI suggests that multi-asset-class strategies overall will generate lower returns relative to results posted in recent years. Combining forecasts via several models may prov...

We review CEF market valuation and performance through the fourth week of June and highlight recent market action. CEFs had a good week on the back of a drop in Treasury yields and a rally in risky assets. A lot of CEF fee commentary doesn't provide the right kind of context for i...

The drop across the income investment space has been both broad and deep, hitting just about every type of asset. We take a look at which features have enabled some securities to weather the storm more successfully than others - we find these features more prevalent in shorter-maturit...

The current market sell-off has been unrelenting and broad-based, offering few respites for investors. We take a look at how the current drawdown compares to the other ones we have seen this century to gauge its likely extent. We also highlight a number of themes we are following ...

How the market environment will develop in the medium term is highly uncertain due to an unusual post-pandemic recovery, an unusually high level of inflation and a Fed hiking path. We discuss how income investors can aim to build an All-Weather portfolio - a portfolio that combines di...

FOF is a CEF that primarily holds other CEFs and trades at a 9% current yield. In this article we discuss some of the mechanics of the fund and address some of the misconceptions we keep seeing about it. Investors who like a hybrid Equity / Credit allocation have a number of other...