CIK: Don't Expect Rate Cuts To Cause Bonds To Surge

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:

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