News coverage about Credit Suisse AM Inc Fund (NYSE:CIK) has trended somewhat positive recently, according to Accern. The research group identifies negative and positive media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Credit Suisse AM Inc Fund earned a media sentiment score of 0.02 on Accern’s scale. Accern also gave media coverage about the company an impact score of 47.3009187967952 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Shares of Credit Suisse AM Inc Fund (CIK) opened at 3.34 on Friday. Credit Suisse AM Inc Fund has a 52 week low of $2.91 and a 52 week high of $3.50. The company has a 50 day moving average price of $3.36 and a 200 day moving average price of $3.34.

The firm also recently announced a monthly dividend, which will be paid on Monday, September 18th. Stockholders of record on Tuesday, September 12th will be paid a dividend of $0.022 per share. The ex-dividend date is Monday, September 11th. This represents a $0.26 annualized dividend and a dividend yield of 7.90%.

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In other news, major shareholder Saba Capital Management, L.P. sold 10,502 shares of Credit Suisse AM Inc Fund stock in a transaction that occurred on Friday, August 18th. The stock was sold at an average price of $3.33, for a total transaction of $34,971.66. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders have sold a total of 754,059 shares of company stock valued at $2,547,921 over the last quarter.

Credit Suisse AM Inc Fund Company Profile

Credit Suisse Asset Management Income Fund, Inc is a diversified, closed-end management investment fund. The Fund’s investment objective is to provide current income consistent with the preservation of capital. The Fund invests in a range of sectors, which include advertising, auto parts and equipment, brokerage, building and construction, building materials, cable and satellite television, chemicals, consumer/commercial/lease financing, electronics, energy-exploration and production, food-wholesale, forestry and paper, gas distribution, health facilities, insurance brokerage, media-diversified, media content, medical products, metals and mining, oil field equipment and services, packaging, personal and household products, pharmaceuticals, software-services, real estate investment trusts, restaurants, specialty retail, and recreation and travel.

Insider Buying and Selling by Quarter for Credit Suisse AM Inc Fund (NYSE:CIK)

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