CREDIT SUISSE ASSET MANAGEMENT INCOME FUND, INC. ANNOUNCES NAME CHANGE

Rhea-AI Summary

Credit Suisse Asset Management Income Fund (NYSE American: CIK) announced that its Board of Directors has approved a name change to “UBS Asset Management Income Fund, Inc.”, expected to be effective on or about September 4, 2026.

According to the fund, the name change does not require shareholder approval and will not alter the fund’s investment objective or strategies. The closed-end fund will continue to trade on the NYSE American under the existing ticker symbol “CIK” after the change becomes effective. The fund’s adviser is UBS Asset Management (Americas), part of the Asset Management business of UBS Group AG, headquartered in Zurich.

Market Context

Viewed against the latest N-CSR showing net assets of $156,026,635 and a 7.86% market total return, ...

Analysis

Viewed against the latest N-CSR showing net assets of $156,026,635 and a 7.86% market total return, this fund name change is largely cosmetic.

Key Figures

Effective date: September 4, 2026 Net assets: $156,026,635 NAV per share: $2.84 +5 more

8 metrics

Effective date September 4, 2026 Effective date of fund name change

Net assets $156,026,635 Net assets as of December 31, 2025 (N-CSR)

NAV per share $2.84 As of December 31, 2025 (N-CSR)

NAV total return 4.96% 12-month period ended December 31, 2025 (N-CSR)

Market total return 7.86% 12-month period ended December 31, 2025 (N-CSR)

Schedule 13G ownership 18.13% Beneficial ownership reported July 14, 2026

Schedule 13G ownership 20.77% Beneficial ownership as of March 31, 2026

Shares outstanding 54,859,559 Shares outstanding as of March 12, 2026 (DEF 14A)

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NEW YORK, July 16, 2026 /PRNewswire/ -- Credit Suisse Asset Management Income Fund, Inc. (the "Fund") announced today that the Fund's Board of Directors has approved changing the Fund's name to "UBS Asset Management Income Fund, Inc.", effective on or about September 4, 2026 (the "Name Change").

The Name Change does not require shareholder approval, and no changes are being made to the Fund's investment objective or strategies. The Fund will continue to trade on the NYSE American LLC under the trading symbol "CIK" after the Name Change takes effect.

UBS Asset Management (Americas) LLC, the Fund's investment adviser, is part of the Asset Management business of UBS Group AG, a leading global financial services organization headquartered in Zurich.

View original content:https://www.prnewswire.com/news-releases/credit-suisse-asset-management-income-fund-inc-announces-name-change-302828063.html

SOURCE UBS Asset Management (Americas) LLC

FAQ

What change did Credit Suisse Asset Management Income Fund (CIK) announce for 2026?

The fund announced a Board-approved name change to “UBS Asset Management Income Fund, Inc.”, effective on or about September 4, 2026. According to the fund, this is a rebranding action and does not alter its investment objective or strategies.

When will the CIK fund’s name change to UBS Asset Management Income Fund take effect?

The name change is expected to take effect on or about September 4, 2026. According to the fund, this effective date is approximate and does not require any shareholder vote to become operative.

Will the CIK ticker or exchange listing change after the 2026 fund name change?

No, the fund will continue to trade on the NYSE American under the ticker symbol CIK after the name change. According to the fund, only the corporate name is being updated, not its listing venue or trading symbol.

Does the UBS Asset Management Income Fund (CIK) name change affect its investment objective?

No, the fund’s investment objective and strategies will remain unchanged after the name change. According to the fund, the update is limited to the legal fund name and does not modify how the portfolio is managed.

Do CIK shareholders need to approve the UBS Asset Management Income Fund name change?

No shareholder approval is required for this name change, according to the fund. The Board of Directors has already approved the change, and it will take effect administratively around September 4, 2026 without a shareholder vote.

Who is the investment adviser to the UBS Asset Management Income Fund (CIK)?

The investment adviser is UBS Asset Management (Americas) LLC. According to the fund, this adviser is part of the Asset Management business of UBS Group AG, a global financial services organization headquartered in Zurich.