Notable Insider Trading: Credit Suisse Asset Management Income Fund, Inc. $CIK

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Credit Suisse Asset Management Income Fund, Inc. (ARCA:CIK) insider have most recently took part in a trading activity. On Nov 30, 2017 Saba Capital Management, L.p., 10% Owner bought 71,791 shares having total worth of $859,338 at the price of $11.97 per share, following the transaction a total of 1,718,383 shares owned by Saba Capital Management, L.p..

Furthermore, over the past 12 months , the stock was traded 23 times by insiders. In 14 of these trades, the insider was a seller while an employee of the company was the buyer in 9 instances.

Shares of Credit Suisse Asset Management Income Fund, Inc. (ARCA:CIK) traded up 0.3% on Nov 30, 2017, hitting $3.3. 206,689 shares of the company’s stock traded hands. Credit Suisse Asset Management Income Fund, Inc. has a 52 week low of $2.88 and a 52 week high of $3.44. The company’s market cap is $164 million.

Credit Suisse Asset Mgmt Income Fund Inc is a closed-end management investment company. The investment objective of the Fund is to seek current income through investment primarily in debt securities.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.