CIK: Don't Expect Rate Cuts To Cause Bonds To Surge
Source: SeekingAlpha
2025-09-18 17:47:02 ET
The Credit Suisse Asset Management Income Fund, Inc. ( CIK ) is a closed-end fund that aims to provide its investors with a very high level of current income by investing primarily in a portfolio of junk bonds. The fund manages to do fairly well at the provision of income, given that its 9.06% current yield is significantly higher than the 6.52% current yield of the Bloomberg High Yield Very Liquid Index ( JNK ). The fund has also substantially outperformed the index on a total return basis over the past ten years:
Read the full article on Seeking Alpha
For further details see:
CIK: Don't Expect Rate Cuts To Cause Bonds To Surge
Credit Suisse Asset Management Income Fund Inc.
NASDAQ: CIK
CIK Trading
0.77% G/L:
$2.605 Last:
114,356 Volume:
$2.60 Open:
