First Trust Group discloses 20.77% holding in Credit Suisse AM Income Fund (CIK)
Rhea-AI Filing Summary
Three affiliated filers — First Trust Portfolios L.P., First Trust Advisors L.P. and The Charger Corporation — report beneficial ownership of 11,393,328 shares of Common stock of Credit Suisse Asset Management Income Fund, Inc., representing 20.77% of the class as of 03/31/2026.
The filing explains the shares are held through unit investment trusts and pooled accounts, that the trustee typically votes those trust shares, and that the reporting persons disclaim beneficial ownership of certain shares described herein.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 11,393,328 shares
Percent of class: 20.77%
Reporting date: 03/31/2026
+2 more
5 metrics
Shares beneficially owned
11,393,328 shares
Amount reported in Item 4(a)
Percent of class
20.77%
Percent of class reported in Item 4(b)
Reporting date
03/31/2026
Date tied to ownership figures
CUSIP
224916106
Issuer common stock CUSIP on cover
Joint filing signature date
04/17/2026
Signature dates for the filing
Key Terms
beneficially owned, Rule 13d-1(k)(1), unit investment trusts
3 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 11,393,328"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Rule 13d-1(k)(1) regulatory
"This filing is jointly filed ... pursuant to Rule 13d-1(k)(1)."
unit investment trusts financial
"First Trust Portfolios L.P. acts as sponsor of certain unit investment trusts"
A unit investment trust (UIT) is a pooled investment that sells investors fixed “units” representing a pre-selected, unchanging bundle of stocks, bonds or other securities held for a set period. Think of it like buying a pre-packed grocery basket that won’t be rearranged — you know exactly what you own and roughly when it will end. UITs matter to investors because they offer predictable holdings and income patterns, lower active management, and clear tax and fee implications compared with regularly traded funds.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stake do First Trust entities report in Credit Suisse AM Income Fund (CIK)?
They report beneficial ownership of 11,393,328 shares, representing 20.77% of the common stock as of 03/31/2026. The amount is the aggregate held through unit investment trusts and other pooled accounts identified in the filing.
Who jointly filed the Schedule 13G/A for Credit Suisse AM Income Fund (CIK)?
The filing is jointly submitted by First Trust Portfolios L.P., First Trust Advisors L.P. and The Charger Corporation pursuant to Rule 13d-1(k)(1). The Charger Corporation is identified as general partner of the First Trust entities.
How are voting and dispositive powers described in the filing?
The filers state no sole voting or dispositive power and report 11,393,328 shares of shared dispositive power. The filing notes trustees of unit investment trusts ordinarily vote those shares to align with other holders.