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Form N-CSR/A CREDIT SUISSE ASSET MANA For: Dec 31

March 25, 2026 5:24 PM EDT
0000810766trueN-CSR/AAsset coverage means the ratio that the value of the Fund’s total assets (including amounts borrowed), minus liabilities other than borrowings, bears to the aggregate amount of all borrowings.The Fund may use leverage through borrowings, the costs of which are borne by holders of Common Shares of the Fund. The Fund currently borrows under a credit facility.Represents the estimated commission with respect to the Fund’s Common Shares sold in this offering, which the Fund paid to JonesTrading in connection with the sales of Common Shares effected by JonesTrading in the offering. While JonesTrading was entitled to a commission of between 1.50% and 3.00% of the gross sales price for Common Shares sold, with the exact amount to be agreed upon by the parties, the Fund has assumed, for purposes of this offering, that JonesTrading received a commission of 1.50% of such gross sales price. This is the only sales load to be paid in connection with this offering.The Fund bears ongoing expenses associated with the Plan which are included in “Other Expenses.” There is no service fee payable by Plan participants for dividend reinvestments; however, shareholders are subject to other transaction costs associated with the Plan. Actual costs will vary for each participant depending on the return and number of transactions made. For Plan participants that elect to make voluntary cash purchases, Plan participants must pay a service fee of $5.00 per transaction. Plan participants will also be charged a pro rata share of the brokerage commissions for all open market purchases ($0.03 per share as of December 2025). In addition, if a Plan participant elects by written notice to the Plan administrator to have the plan administrator sell part or all of the shares held by the Plan administrator in the participant’s account and remit the proceeds to the participant, the participant will also be charged a service fee of $5.00 for each sale and brokerage commissions of $0.03 per share (as of December 2025). See “Dividend Reinvestment and Cash Purchase Plan.”UBS AM receives from the Fund, as compensation for its advisory services, a fee, computed weekly and payable quarterly at an annual rate of 0.50% of an average weekly base amount which, with respect to each quarter, is the average of the lower of (i) the stock price (market value) of the Fund’s outstanding shares and (ii) the Fund’s net assets, in each case determined as of the last trading day for each week during the relevant quarter. 0000810766 2025-01-01 2025-12-31 0000810766 2022-12-31 0000810766 2023-12-31 0000810766 2024-12-31 0000810766 2025-12-31 0000810766 2016-12-31 0000810766 2017-12-31 0000810766 2018-12-31 0000810766 2019-12-31 0000810766 2020-12-31 0000810766 2021-12-31 0000810766 cik0000810766:CommonSharesMember 2025-12-31 0000810766 cik0000810766:CommonSharesMember 2024-04-01 2024-06-30 0000810766 cik0000810766:CommonSharesMember 2024-01-01 2024-03-31 0000810766 cik0000810766:CommonSharesMember 2024-07-01 2024-09-30 0000810766 cik0000810766:CommonSharesMember 2024-10-01 2024-12-31 0000810766 cik0000810766:CommonSharesMember 2025-10-01 2025-12-31 0000810766 cik0000810766:CommonSharesMember 2025-07-01 2025-09-30 0000810766 cik0000810766:CommonSharesMember 2025-04-01 2025-06-30 0000810766 cik0000810766:CommonSharesMember 2025-01-01 2025-03-31 0000810766 cik0000810766:AntiTakeoverProvisionsMember 2025-01-01 2025-12-31 0000810766 cik0000810766:MarketRiskMember 2025-01-01 2025-12-31 0000810766 cik0000810766:PotentialYieldReductionMember 2025-01-01 2025-12-31 0000810766 cik0000810766:CreditRisksMember 2025-01-01 2025-12-31 0000810766 cik0000810766:ValuationRiskMember 2025-01-01 2025-12-31 0000810766 cik0000810766:MortgageBackedSecuritiesRiskMember 2025-01-01 2025-12-31 0000810766 cik0000810766:EmergingMarketSecuritiesRiskMember 2025-01-01 2025-12-31 0000810766 cik0000810766:PrepaymentRisksMember 2025-01-01 2025-12-31 0000810766 cik0000810766:LeverageRiskMember 2025-01-01 2025-12-31 0000810766 cik0000810766:SeniorLoansRiskMember 2025-01-01 2025-12-31 0000810766 cik0000810766:PreferredStockRiskMember 2025-01-01 2025-12-31 0000810766 cik0000810766:IlliquidSecuritiesRiskMember 2025-01-01 2025-12-31 0000810766 cik0000810766:ForeignSecuritiesRiskMember 2025-01-01 2025-12-31 0000810766 cik0000810766:CorporateDebtRiskMember 2025-01-01 2025-12-31 0000810766 us-gaap:InterestRateRiskMember 2025-01-01 2025-12-31 0000810766 cik0000810766:MarketPriceDiscountAndNetAssetValueOfSharesMember 2025-01-01 2025-12-31 0000810766 cik0000810766:CounterpartyRiskMember 2025-01-01 2025-12-31 0000810766 cik0000810766:CreditDefaultSwapRiskMember 2025-01-01 2025-12-31 0000810766 cik0000810766:DerivativesRiskMember 2025-01-01 2025-12-31 0000810766 cik0000810766:ConflictOfInterestRiskMember 2025-01-01 2025-12-31 0000810766 cik0000810766:SecondLienAndOtherSecuredLoansRiskMember 2025-01-01 2025-12-31 0000810766 cik0000810766:LowerRatedSecuritiesRiskMember 2025-01-01 2025-12-31 0000810766 cik0000810766:InvestmentAndMarketRiskMember 2025-01-01 2025-12-31 0000810766 cik0000810766:CommonSharesMember 2025-01-01 2025-12-31 xbrli:pure iso4217:USD iso4217:USD xbrli:shares
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
FORM
N-CSR
 
 
CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act File
No. 811-05012
 
 
CREDIT SUISSE ASSET MANAGEMENT INCOME FUND, INC.
(Exact Name of Registrant as Specified in Charter)
 
 
1285 Avenue of the Americas, New York, New York 10019
(Address of Principal Executive Offices) (Zip Code)
 
 
Omar Tariq
Credit Suisse Asset Management Income Fund, Inc.
1285 Avenue of the Americas
New York, New York 10019
 
 
Registrant’s telephone number, including area code: (212)
325-2000
Date of fiscal year end: December 31st
Date of reporting period: January 1, 2025 to December 31, 2025
 
 
EXP
L
ANATORY NOTE
The Registrant is filing this amendment to its
Form N-CSR
(the “Amendment”) for the period ended December 31, 2025, originally filed with the Securities and Exchange Commission on March 6, 2026 (Accession
Number 0001193125-24-212169)
(the “Original Filing”). This Amendment is filed solely for the purpose of the removal of the heading of “unaudited” on pages 37 through 39 of the Report to Stockholders in Item 1. Except as set forth above (and the dates included on the signature page and the certifications required by Rule
30a-2(a)
and Rule
30a-2(b)),
the Amendment does not amend, update or change any other information or disclosures contained in the Original Filing. Items 2 through 19 of this Amendment to the Registrant’s Form
N-CSR
are incorporated by reference to the Original Filings.
 
 
 

Item 1. Reports to Stockholders.
 
2

Credit Suisse Asset Management Income Fund, Inc.
1285 Avenue of the Americas
New York, NY 10019
 
 
Directors
Laura A. DeFelice
Chair of the Board
Charles W. Gerber
Mahendra R. Gupta
Samantha Kappagoda
John G. Popp
Lee M. Shaiman
 
 
Officers
Omar Tariq
Chief Executive Officer and President
John G. Popp
Chief Investment Officer
Brandi Sinkovich
Chief Compliance Officer
Lou Anne McInnis
Chief Legal Officer
Rose Ann Bubloski
Chief Financial Officer and Treasurer
Karen Regan
Senior Vice President and Secretary
 
 
Investment Adviser
UBS Asset Management (Americas) LLC
1285 Avenue of the Americas
New York, NY 10019
 
 
Administrator and Custodian
State Street Bank and Trust Co.
One Congress Street, Suite 1
Boston, MA 02114-2016
 
 
Shareholder Servicing Agent
Computershare Trust Company, N.A.
P.O. Box 43006
Providence, RI 02940-3078
 
 
Legal Counsel
Simpson Thacher & Bartlett LLP
425 Lexington Avenue
New York, NY 10017
 
 
Independent Registered Public Accounting Firm
Ernst & Young LLP
One Manhattan West
New York, NY 10001
 
 
 
 
Credit Suisse
Asset Management Income Fund, Inc.
 
 
ANNUAL REPORT
December 31, 2025
 

Credit Suisse Asset Management Income Fund, Inc.
Annual Investment Adviser’s Report
December 31, 2025 (unaudited)
 
 
December 31, 2025
Dear Shareholder:
We are pleased to present this Annual Report covering the activities of the Credit Suisse Asset Management Income Fund, Inc. (the “Fund”) for the
12-month
period ended December 31, 2025 (the “Period”).
Performance Summary
1/1/2025 – 12/31/2025
 
Fund & Benchmark
  
Performance
 
Total Return (based on net asset value (“NAV”))
1
     4.96
Total Return (based on market value)
1
     7.86
ICE BofA US High Yield Constrained Index
2
     8.50
 
1
 
Assuming reinvestment of dividends
2
 
The ICE BofA US High Yield Constrained Index (the “Index”) is an unmanaged index that tracks the performance of below investment-grade U.S. dollar-denominated corporate bonds issued in the U.S. domestic market, where each issuer’s allocation is limited to 2% of the Index. The Index does not have transaction costs and investors cannot invest directly in the Index.
Market Review: A positive period for high yield assets
The Period was strong for the high yield asset class, with the Index, the Fund’s benchmark, gaining 8.5% over the Period. High yield returns benefited from declining U.S. treasury yields, a resilient U.S. economy and favorable market technicals. In fact, the Index only had one month of negative returns for 2025. The
5-year
U.S. treasury yield finished the Period at 3.7%—66 basis points tighter than December 31, 2024. Stable corporate fundamentals led to tighter spreads, with the Index’s
spread-to-worst
decreasing by 13 basis points to 295 by the end of the year. Yields followed spreads and treasuries lower, decreasing by 85 basis points to end the Period at 6.6%.
For the Period,
BB-rated
bonds outperformed the Index, gaining 9.0%, while
B-rated
bonds, returning 8.5%, were relatively in line with the Index, and
CCC-rated
bonds underperformed slightly, returning 8.2%.
From an industry perspective, telecom-satellite, media content, and pharmaceuticals were the best performing sectors, returning 21.0%, 14.5% and 14.2%, respectively. In contrast, the worst performing sectors included rail transportation, media-diversified, and forestry/paper, losing
-20.5%,
-16.5%
and
-8.7%,
respectively.
Although default rates increased for the Period, they remain well below long-term historical averages. According to JPMorgan, the trailing
12-month
default rate, including distressed exchanges, ended the Period at 1.9%, up 41 basis points from December 31, 2024. High yield default activity remains muted due to conservative balance sheets, active capital markets, and limited near-term maturities for stressed companies
.
Technicals in the high yield market have been favorable due to limited net new supply of bonds, a consistent reinvestment of coupons, and positive fund flows. For the Period, high yield retail funds saw inflows of $18.1 billion, entirely through ETFs (+$20.9 billion), while mutual funds saw a modest outflow of -$2.8 billion.
Capital markets have been open and busy, but refinancings account for the vast majority of issuances. In 2025, new issue volume totaled $332.0 billion, with a mere $98.3 billion (30%) in
non-refinancing
activity. The same period in 2024 had $288.8 billion of total volume, of which $70.9 billion (25%) was
non-refinancing
activity.
 
1

Credit Suisse Asset Management Income Fund, Inc.
Annual Investment Adviser’s Report
December 31, 2025 (unaudited)
 
 
Strategic Review and Outlook: A continued focus on underwriting and risk
For the Period, the Fund slightly underperformed the Index on a market price basis. Security selection detracted from relative performance. Negative selection from basic industry—chemicals, healthcare, and retail—detracted from relative performance, while positive selection in energy, technology, and services contributed. From a ratings perspective, CCC holdings detracted the most from relative performance, while positive selection within
BB-rated
investments contributed to it.
Moving forward, we expect positive returns to endure, supported by U.S. economic resilience, loosening monetary policy, and a favorable supply-demand imbalance in high yield capital markets. We believe the asset class offers attractive risk-adjusted opportunities with increasing carry return potential through higher coupons, with sound fundamentals, as demonstrated by stable credit metrics. Additionally, while spreads may look tight relative to historical standards, structural changes such as higher BB concentration and significantly higher secured bond issuance should be considered. As elevated costs of capital and geopolitical risks persist, we remain steadfast in our focus on underwriting and expect idiosyncratic credit selection will be the key driver of performance in 2026 and beyond.
 
John G. Popp    Omar Tariq
Chief Investment Officer*
  
Chief Executive Officer and President**
High yield bonds are lower-quality bonds that are also known as “junk bonds.” “High yield fixed-income securities” entail greater risks than those found in higher-rated securities.
In addition to historical information, this report contains forward-looking statements, which may concern, among other things, domestic and foreign markets, industry and economic trends and developments, and government regulation, and their potential impact on the Fund’s investments. These statements are subject to risks and uncertainties and actual trends, developments and regulations in the future, and their impact on the Fund could be materially different from those projected, anticipated or implied. The Fund has no obligation to update or revise forward-looking statements.
The views of the Fund’s management are as of the date of this letter and the Fund holdings described in this document are as of December 31, 2025; these views and Fund holdings may have changed subsequent to these dates. Nothing in this document is a recommendation to purchase or sell securities.
 
*
John G. Popp is a Managing Director of UBS Asset Management (Americas) LLC (“UBS AM (Americas)”) and Group Head and Chief Investment Officer of Credit Investments Group (“CIG”), with primary responsibility for making investment decisions and monitoring processes for CIG’s global investment strategies. Mr. Popp also serves as Trustee of the Credit Suisse
open-end
funds, as well as serving as Director and Chief Investment Officer for the Credit Suisse Asset Management Income Fund, Inc. and Trustee and Chief Investment Officer of the Credit Suisse High Yield Credit Fund.
**
Omar Tariq is an Executive Director of UBS AM (Americas). Mr. Tariq also serves as Chief Executive Officer and President of the Credit Suisse
open-end
funds, the Credit Suisse Asset Management Income Fund, Inc. and the Credit Suisse High Yield Credit Fund.
 
2

Credit Suisse Asset Management Income Fund, Inc.
Annual Investment Adviser’s Report (continued)
December 31, 2025 (unaudited)
 
 
Comparison of Change in Value of $10,000 Investment in the
Credit Suisse Asset Management Income Fund
1
and the
ICE BofA US High Yield Constrained Index
2
For Ten Years
 

 
 
1
 
Assuming reinvestment of distributions.
2
 
The ICE BofA US High Yield Constrained Index (the “Index”) is an unmanaged index that tracks the performance of below investment-grade U.S. dollar-denominated corporate bonds issued in the U.S. domestic market, where each issuer’s allocation is limited to 2% of the Index. The Index does not have transaction costs and investors cannot invest directly in the Index.
 
3

Credit Suisse Asset Management Income Fund, Inc.
Annual Investment Adviser’s Report (continued)
December 31, 2025 (unaudited)
 
 
Average Annual Returns
December 31, 2025 (unaudited)
 
 
      
1 Year
      
3 Years
      
5 Years
      
10 Years
 
Net Asset Value (NAV)
       4.96%          11.33%          5.56%          8.00%  
Market Value
       7.86%          14.20%          7.23%          9.52%  
UBS AM (Americas) may waive fees and/or reimburse expenses, without which performance would be lower. Returns represent past performance and do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the sale of Fund shares. Total investment return at NAV is based on the change in the NAV of Fund shares and assumes reinvestment of dividends, capital gains, and return of capital distributions, if any, at prices pursuant to the Fund’s dividend reinvestment program. Total investment return at market value is based on the change in the market price at which the Fund’s shares traded on the NYSE American during the period and assumes reinvestment of dividends, capital gains, and return of capital distributions, if any, at prices pursuant to the Fund’s dividend reinvestment program. Because the Fund’s shares trade in the stock market based on investor demand, the Fund may trade at a price higher or lower than its NAV. Therefore, returns are calculated based on NAV and share price.
Past performance is no guarantee of future results.
The current performance of the Fund may be lower or higher than the figures shown. The Fund’s yield, return, NAV and market price will fluctuate. Performance information current to the most recent month end is available by calling 1-800-293-1232.
The annualized gross and net expense ratios are 3.30%.
Credit Quality Breakdown*
(% of Total Investments as of December 31, 2025)
 
S&P Ratings**
 
BBB
     3.0
BB
     36.6  
B
     39.1  
CCC
     13.0  
D
     0.0
1
 
NR
     5.5  
  
 
 
 
Subtotal
     97.2  
Equity and Other
     2.8  
  
 
 
 
Total
     100.0
  
 
 
 
  
 
*
Expressed as a percentage of total investments (excluding securities lending collateral, if applicable) and may vary over time.
**
Credit Quality is based on ratings provided by the S&P Global Ratings Division of S&P Global Inc. (“S&P”). S&P is a main provider of ratings for credit assets classes and is widely used amongst industry participants. The NR category consists of securities that have not been rated by S&P.
1
This amount represents less than 0.1%.
Derivatives are not reflected in amounts reported above.
 
4

Credit Suisse Asset Management Income Fund, Inc.
Schedule of Investments
December 31, 2025
 
 
Par
(000)
        
Ratings†
(S&P/Moody’s)
  
Maturity
    
Rate%
    
Value
 
 
CORPORATE BONDS
(113.2%)
           
 
Aerospace & Defense
(4.0%)
           
$
478
 
 
AAR Escrow Issuer LLC, Rule 144A, Company Guaranteed Notes
(Callable 03/15/26 @ 103.38)
(1)
  
(BB, Ba2)
  
 
03/15/29
 
  
 
6.750
 
  
$
494,859
 
 
1,600
 
 
Amentum Holdings, Inc., Rule 144A, Company Guaranteed Notes
(Callable 08/01/27 @ 103.63)
(1)
  
(B, B2)
  
 
08/01/32
 
  
 
7.250
 
  
 
1,687,398
 
 
565
 
 
Bombardier, Inc., Rule 144A, Senior Unsecured Notes
(Callable 06/15/28 @ 103.38)
(1)
  
(BB-,
Ba3)
  
 
06/15/33
 
  
 
6.750
 
  
 
597,974
 
 
391
 
 
Bombardier, Inc., Rule 144A, Senior Unsecured Notes
(Callable 02/01/26 @ 103.75)
(1)
  
(BB-,
Ba3)
  
 
02/01/29
 
  
 
7.500
 
  
 
408,012
 
 
600
 
 
Bombardier, Inc., Rule 144A, Senior Unsecured Notes
(Callable 11/15/26 @ 104.38)
(1)
  
(BB-,
Ba3)
  
 
11/15/30
 
  
 
8.750
 
  
 
649,057
 
 
552
 
 
CACI International, Inc., Rule 144A, Company Guaranteed Notes
(Callable 06/15/28 @ 103.19)
(1)
  
(BB-,
Ba2)
  
 
06/15/33
 
  
 
6.375
 
  
 
571,833
 
 
469
 
 
Science Applications International Corp., Rule 144A, Company Guaranteed Notes
(Callable 11/01/28 @ 102.94)
(1)
  
(BB-,
Ba3)
  
 
11/01/33
 
  
 
5.875
 
  
 
475,775
 
 
840
 
 
TransDigm, Inc., Rule 144A, Senior Secured Notes
(Callable 03/01/26 @ 103.19)
(1)
  
(BB-,
Ba3)
  
 
03/01/29
 
  
 
6.375
 
  
 
867,316
 
 
440
 
 
TransDigm, Inc., Rule 144A, Senior Secured Notes
(Callable 03/01/27 @ 103.31)
(1)
  
(BB-,
Ba3)
  
 
03/01/32
 
  
 
6.625
 
  
 
458,360
 
             
 
 
 
             
 
6,210,584
 
             
 
 
 
 
Auto Parts & Equipment
(5.4%)
           
 
286
 
 
Adient Global Holdings Ltd., Rule 144A, Senior Secured Notes
(Callable 01/10/26 @ 103.50)
(1)
  
(BBB-,
Ba2)
  
 
04/15/28
 
  
 
7.000
 
  
 
294,982
 
 
362
 
 
Advance Auto Parts, Inc., Rule 144A, Company Guaranteed Notes
(Callable 08/01/27 @ 103.50)
(1)
  
(BB, Ba3)
  
 
08/01/30
 
  
 
7.000
 
  
 
365,366
 
 
410
 
 
Advance Auto Parts, Inc., Rule 144A, Company Guaranteed Notes
(Callable 08/01/28 @ 103.69)
(1),(2)
  
(BB, Ba3)
  
 
08/01/33
 
  
 
7.375
 
  
 
411,919
 
 
437
 
 
American Axle & Manufacturing, Inc., Rule 144A, Company Guaranteed Notes
(Callable 10/15/28 @ 103.88)
(1)
  
(B+, B3)
  
 
10/15/33
 
  
 
7.750
 
  
 
445,553
 
 
312
 
 
American Axle & Manufacturing, Inc., Rule 144A, Senior Secured Notes
(Callable 10/15/28 @ 103.19)
(1)
  
(BB, Ba2)
  
 
10/15/32
 
  
 
6.375
 
  
 
318,828
 
 
1,220
 
 
Clarios Global LP/Clarios U.S. Finance Co., Rule 144A, Company Guaranteed Notes
(Callable 09/15/28 @ 103.38)
(1)
  
(B, Caa1)
  
 
09/15/32
 
  
 
6.750
 
  
 
1,266,720
 
 
631
 
 
Cougar JV Subsidiary LLC, Rule 144A, Senior Unsecured Notes
(Callable 05/15/27 @ 104.00)
(1)
  
(B+, B2)
  
 
05/15/32
 
  
 
8.000
 
  
 
676,942
 
 
1,825
 
 
Dealer Tire LLC/DT Issuer LLC, Rule 144A, Senior Unsecured Notes
(Callable 01/30/26 @ 100.00)
(1)
  
(CCC, Caa1)
  
 
02/01/28
 
  
 
8.000
 
  
 
1,834,813
 
 
1,530
 
 
Garrett Motion Holdings, Inc./Garrett LX I SARL, Rule 144A, Company Guaranteed Notes (Callable 05/31/27 @ 103.88)
(1)
  
(B+, B1)
  
 
05/31/32
 
  
 
7.750
 
  
 
1,627,260
 
 
1,222
 
 
Phinia, Inc., Rule 144A, Senior Secured Notes
(Callable 04/15/26 @ 103.38)
(1)
  
(BB+, Baa3)
  
 
04/15/29
 
  
 
6.750
 
  
 
1,266,858
 
             
 
 
 
             
 
8,509,241
 
             
 
 
 
 
Brokerage
(0.6%)
           
 
945
 
 
StoneX Group, Inc., Rule 144A, Secured Notes
(Callable 03/01/27 @ 103.94)
(1)
  
(BB-,
Ba3)
  
 
03/01/31
 
  
 
7.875
 
  
 
1,007,604
 
             
 
 
 
 
See Accompanying Notes to Financial Statements.
 
5

Credit Suisse Asset Management Income Fund, Inc.
Schedule of Investments (continued)
December 31, 2025
 
 
Par
(000)
        
Ratings†
(S&P/Moody’s)
  
Maturity
    
Rate%
    
Value
 
 
CORPORATE BONDS
(continued)
           
 
Building & Construction
(2.3%)
           
$
1,000
 
 
Installed Building Products, Inc., Rule 144A, Company Guaranteed Notes
(Callable 01/15/26 @ 100.00)
(1)
  
(B+, Ba2)
  
 
02/01/28
 
  
 
5.750
 
  
$
1,004,486
 
 
1,442
 
 
MasTec, Inc., Rule 144A, Senior Unsecured Notes
(Callable 01/10/26 @ 101.66)
(1)
  
(BBB-,
NR)
  
 
08/15/29
 
  
 
6.625
 
  
 
1,458,936
 
 
434
 
 
Quikrete Holdings, Inc., Rule 144A, Senior Secured Notes
(Callable 03/01/28 @ 103.19)
(1)
  
(BB, Ba3)
  
 
03/01/32
 
  
 
6.375
 
  
 
452,035
 
 
723
 
 
Quikrete Holdings, Inc., Rule 144A, Senior Unsecured Notes
(Callable 03/01/28 @ 103.38)
(1)
  
(B+, B2)
  
 
03/01/33
 
  
 
6.750
 
  
 
755,521
 
             
 
 
 
             
 
3,670,978
 
             
 
 
 
 
Building Materials
(4.8%)
           
 
377
 
 
Advanced Drainage Systems, Inc., Rule 144A, Company Guaranteed Notes
(Callable 01/15/26 @ 103.19)
(1)
  
(BB-,
Ba2)
  
 
06/15/30
 
  
 
6.375
 
  
 
386,914
 
 
1,500
 
 
Arcosa, Inc., Rule 144A, Company Guaranteed Notes
(Callable 08/15/27 @ 103.44)
(1)
  
(B+, Ba3)
  
 
08/15/32
 
  
 
6.875
 
  
 
1,586,992
 
 
640
 
 
Builders FirstSource, Inc., Rule 144A, Company Guaranteed Notes
(Callable 05/15/30 @ 103.38)
(1)
  
(BB-,
Ba2)
  
 
05/15/35
 
  
 
6.750
 
  
 
669,929
 
 
142
 
 
Camelot Return Merger Sub, Inc., Rule 144A, Senior Secured Notes
(Callable 01/30/26 @ 103.28)
(1),(2)
  
(B-,
Caa1)
  
 
08/01/28
 
  
 
8.750
 
  
 
110,154
 
 
735
 
 
Cornerstone Building Brands, Inc., Rule 144A, Senior Secured Notes
(Callable 08/15/26 @ 104.75)
(1)
  
(B-,
Caa1)
  
 
08/15/29
 
  
 
9.500
 
  
 
544,503
 
 
800
 
 
James Hardie International Finance DAC, Rule 144A, Company Guaranteed Notes
(Callable 01/30/26 @ 100.00)
(1)
  
(BB, Ba1)
  
 
01/15/28
 
  
 
5.000
 
  
 
800,718
 
 
532
 
 
Masterbrand, Inc., Rule 144A, Company Guaranteed Notes
(Callable 07/15/27 @ 103.50)
(1),(2)
  
(BB, Ba3)
  
 
07/15/32
 
  
 
7.000
 
  
 
551,853
 
 
1,287
 
 
Miter Brands Acquisition Holdco, Inc./MIWD Borrower LLC, Rule 144A, Senior Secured Notes (Callable 04/01/27 @ 103.38)
(1)
  
(BB-,
B2)
  
 
04/01/32
 
  
 
6.750
 
  
 
1,320,224
 
 
1,819
 
 
Oscar AcquisitionCo LLC/Oscar Finance, Inc., Rule 144A, Senior Unsecured Notes
(Callable 01/30/26 @ 104.75)
(1),(2)
  
(CCC-,
Caa3)
  
 
04/15/30
 
  
 
9.500
 
  
 
823,622
 
 
687
 
 
White Cap Supply Holdings LLC, Rule 144A, Company Guaranteed Notes
(Callable 11/15/26 @ 103.69)
(1)
  
(NR, Caa1)
  
 
11/15/30
 
  
 
7.375
 
  
 
714,025
 
             
 
 
 
             
 
7,508,934
 
             
 
 
 
 
Cable & Satellite TV
(2.2%)
           
 
1,429
 
 
Altice France SA, Rule 144A, Senior Secured Notes
(Callable 10/01/26 @ 101.00)
(1)
  
(CCC+, Caa1)
  
 
10/15/31
 
  
 
6.500
 
  
 
1,358,405
 
 
154
 
 
Altice France SA, Rule 144A, Senior Secured Notes
(Callable 10/01/26 @ 101.00)
(1)
  
(CCC+, Caa1)
  
 
04/15/32
 
  
 
6.500
 
  
 
147,749
 
 
154
 
 
Altice France SA, Rule 144A, Senior Secured Notes
(Callable 10/15/26 @ 100.00)
(1)
  
(CCC+, Caa1)
  
 
07/15/32
 
  
 
6.875
 
  
 
147,798
 
 
331
 
 
CCO Holdings LLC / CCO Holdings Capital Corp., Rule 144A, Senior Unsecured Notes
(Callable 01/30/26 @ 100.00)
(1)
  
(BB-,
B1)
  
 
05/01/27
 
  
 
5.125
 
  
 
330,737
 
 
800
 
 
Sunrise FinCo I BV, Rule 144A, Senior Secured Notes
(Callable 07/15/26 @ 102.44)
(1)
  
(BB-,
B1)
  
 
07/15/31
 
  
 
4.875
 
  
 
762,640
 
 
200
 
 
Telenet Finance Luxembourg Notes SARL, Rule 144A, Senior Secured Notes
(Callable 01/10/26 @ 100.00)
(1)
  
(BB-,
B1)
  
 
03/01/28
 
  
 
5.500
 
  
 
199,358
 
 
581
 
 
VZ Secured Financing B.V., Rule 144A, Senior Secured Notes
(Callable 01/15/27 @ 102.50)
(1)
  
(B+, B1)
  
 
01/15/32
 
  
 
5.000
 
  
 
528,289
 
             
 
 
 
             
 
3,474,976
 
             
 
 
 
 
See Accompanying Notes to Financial Statements.
 
6

Credit Suisse Asset Management Income Fund, Inc.
Schedule of Investments (continued)
December 31, 2025
 
 
Par
(000)
        
Ratings†
(S&P/Moody’s)
  
Maturity
    
Rate%
    
Value
 
 
CORPORATE BONDS
(continued)
           
 
Chemicals
(3.4%)
           
$
477
 
 
Avient Corp., Rule 144A, Senior Unsecured Notes
(Callable 01/30/26 @ 103.56)
(1)
  
(BB-,
Ba3)
  
 
08/01/30
 
  
 
7.125
 
  
$
492,788
 
 
533
 
 
Avient Corp., Rule 144A, Senior Unsecured Notes
(Callable 09/15/27 @ 103.13)
(1)
  
(BB-,
Ba3)
  
 
11/01/31
 
  
 
6.250
 
  
 
548,202
 
 
515
 
 
Element Solutions, Inc., Rule 144A, Company Guaranteed Notes
(Callable 01/30/26 @ 100.00)
(1)
  
(BB, B1)
  
 
09/01/28
 
  
 
3.875
 
  
 
503,720
 
 
800
 
 
Herens Midco SARL, Rule 144A, Company Guaranteed Notes
(Callable 01/30/26 @ 101.31)
(1),(3)
  
(CCC, Caa2)
  
 
05/15/29
 
  
 
5.250
 
  
 
532,895
 
 
607
 
 
Methanex U.S. Operations, Inc., Rule 144A, Company Guaranteed Notes
(Callable 09/15/31 @ 100.00)
(1)
  
(BB, Ba2)
  
 
03/15/32
 
  
 
6.250
 
  
 
625,390
 
 
1,600
 
 
Tronox, Inc., Rule 144A, Company Guaranteed Notes
(Callable 01/30/26 @ 101.16)
(1),(2)
  
(CCC+, Caa1)
  
 
03/15/29
 
  
 
4.625
 
  
 
1,121,466
 
 
178
 
 
Tronox, Inc., Rule 144A, Senior Secured Notes
(Callable 09/30/27 @ 104.56)
(1),(2)
  
(B, B1)
  
 
09/30/30
 
  
 
9.125
 
  
 
177,867
 
 
1,915
 
 
Vibrantz Technologies, Inc., Rule 144A, Senior Unsecured Notes
(Callable 01/30/26 @ 104.50)
(1)
  
(CCC, Caa3)
  
 
02/15/30
 
  
 
9.000
 
  
 
655,023
 
 
690
 
 
WR Grace Holdings LLC, Rule 144A, Senior Secured Notes
(Callable 03/01/26 @ 103.69)
(1)
  
(B-,
B2)
  
 
03/01/31
 
  
 
7.375
 
  
 
709,189
 
             
 
 
 
             
 
5,366,540
 
             
 
 
 
 
Diversified Capital Goods
(2.6%)
           
 
762
 
 
Atkore, Inc., Rule 144A, Company Guaranteed Notes
(Callable 06/01/26 @ 102.13)
(1)
  
(BB+, Ba2)
  
 
06/01/31
 
  
 
4.250
 
  
 
732,177
 
 
1,400
 
 
Dornoch Debt Merger Sub, Inc., Rule 144A, Senior Unsecured Notes
(Callable 01/30/26 @ 101.66)
(1),(2)
  
(CCC, Caa2)
  
 
10/15/29
 
  
 
6.625
 
  
 
1,213,776
 
 
600
 
 
EnerSys, Rule 144A, Company Guaranteed Notes
(Callable 09/15/27 @ 100.00)
(1)
  
(BB+, Ba3)
  
 
12/15/27
 
  
 
4.375
 
  
 
598,347
 
 
500
 
 
EnerSys, Rule 144A, Company Guaranteed Notes
(Callable 01/15/27 @ 103.31)
(1)
  
(BB+, Ba3)
  
 
01/15/32
 
  
 
6.625
 
  
 
520,884
 
 
916
 
 
Maxam Prill SARL, Rule 144A, Senior Secured Notes
(Callable 07/02/27 @ 103.88)
(1)
  
(B+, NR)
  
 
07/15/30
 
  
 
7.750
 
  
 
951,694
 
             
 
 
 
             
 
4,016,878
 
             
 
 
 
 
Electronics
(1.7%)
           
 
1,015
 
 
Ellucian Holdings, Inc., Rule 144A, Senior Secured Notes
(Callable 12/01/26 @ 103.25)
(1)
  
(B-,
B2)
  
 
12/01/29
 
  
 
6.500
 
  
 
1,037,483
 
 
586
 
 
Imola Merger Corp., Rule 144A, Senior Secured Notes
(Callable 01/30/26 @ 101.19)
(1)
  
(BB, Ba3)
  
 
05/15/29
 
  
 
4.750
 
  
 
578,886
 
 
950
 
 
Sensata Technologies, Inc., Rule 144A, Company Guaranteed Notes
(Callable 07/15/27 @ 103.31)
(1)
  
(BB+, Ba2)
  
 
07/15/32
 
  
 
6.625
 
  
 
995,502
 
             
 
 
 
             
 
2,611,871
 
             
 
 
 
 
Energy - Exploration & Production
(5.2%)
           
 
425
 
 
Civitas Resources, Inc., Rule 144A, Company Guaranteed Notes
(Callable 01/10/26 @ 104.19)
(1)
  
(BB-,
B1)
  
 
07/01/28
 
  
 
8.375
 
  
 
438,427
 
 
879
 
 
Civitas Resources, Inc., Rule 144A, Company Guaranteed Notes
(Callable 07/01/26 @ 104.38)
(1),(2)
  
(BB-,
B1)
  
 
07/01/31
 
  
 
8.750
 
  
 
912,975
 
 
See Accompanying Notes to Financial Statements.
 
7

Credit Suisse Asset Management Income Fund, Inc.
Schedule of Investments (continued)
December 31, 2025
 
 
Par
(000)
        
Ratings†
(S&P/Moody’s)
  
Maturity
    
Rate%
    
Value
 
 
CORPORATE BONDS
(continued)
           
 
Energy - Exploration & Production
(continued)
           
$
1,477
 
 
CNX Midstream Partners LP, Rule 144A, Company Guaranteed Notes
(Callable 01/30/26 @ 102.38)
(1)
  
(BB, B1)
  
 
04/15/30
 
  
 
4.750
 
  
$
1,439,620
 
 
450
 
 
CNX Resources Corp., Rule 144A, Company Guaranteed Notes
(Callable 03/01/27 @ 103.63)
(1)
  
(BB, B1)
  
 
03/01/32
 
  
 
7.250
 
  
 
471,597
 
 
2,050
 
 
CQP Holdco
LP/BIP-V
Chinook Holdco LLC, Rule 144A, Senior Secured Notes (Callable 12/15/28 @ 103.75)
(1)
  
(BB, Ba2)
  
 
12/15/33
 
  
 
7.500
 
  
 
2,205,476
 
 
203
 
 
Excelerate Energy LP, Rule 144A, Company Guaranteed Notes
(Callable 05/15/27 @ 104.00)
(1)
  
(BB+, NR)
  
 
05/15/30
 
  
 
8.000
 
  
 
215,261
 
 
626
 
 
Matador Resources Co., Rule 144A, Company Guaranteed Notes
(Callable 04/15/27 @ 103.25)
(1)
  
(BB-,
B1)
  
 
04/15/32
 
  
 
6.500
 
  
 
635,274
 
 
775
 
 
Northern Oil & Gas, Inc., Rule 144A, Senior Unsecured Notes
(Callable 10/15/28 @ 103.94)
(1)
  
(B+, B1)
  
 
10/15/33
 
  
 
7.875
 
  
 
755,068
 
 
294
 
 
Northern Oil & Gas, Inc., Rule 144A, Senior Unsecured Notes
(Callable 06/15/26 @ 104.38)
(1)
  
(B+, B1)
  
 
06/15/31
 
  
 
8.750
 
  
 
297,159
 
 
720
 
 
TGNR Intermediate Holdings LLC, Rule 144A, Senior Unsecured Notes
(Callable 01/30/26 @ 101.38)
(1)
  
(B+, B3)
  
 
10/15/29
 
  
 
5.500
 
  
 
715,489
 
             
 
 
 
             
 
8,086,346
 
             
 
 
 
 
Environmental
(0.6%)
           
 
223
 
 
Clean Harbors, Inc., Rule 144A, Company Guaranteed Notes
(Callable 02/01/26 @ 103.19)
(1)
  
(BB+, Ba2)
  
 
02/01/31
 
  
 
6.375
 
  
 
229,882
 
 
340
 
 
Luna 1.5 SARL, Rule 144A, Senior Unsecured Notes
(Callable 07/01/28 @ 106.00)
(1)
  
(B-,
B3)
  
 
07/01/32
 
  
 
12.000
 
  
 
357,422
 
 
391
 
 
Waste Pro U.S.A., Inc., Rule 144A, Senior Unsecured Notes
(Callable 02/01/28 @ 103.50)
(1)
  
(B-,
Caa1)
  
 
02/01/33
 
  
 
7.000
 
  
 
403,604
 
             
 
 
 
             
 
990,908
 
             
 
 
 
 
Food - Wholesale
(1.9%)
           
 
500
 
 
Darling Ingredients, Inc., Rule 144A, Company Guaranteed Notes
(Callable 01/10/26 @ 100.00)
(1)
  
(BB+, Ba2)
  
 
04/15/27
 
  
 
5.250
 
  
 
501,345
 
 
1,133
 
 
Darling Ingredients, Inc., Rule 144A, Company Guaranteed Notes
(Callable 01/10/26 @ 103.00)
(1)
  
(BB+, Ba2)
  
 
06/15/30
 
  
 
6.000
 
  
 
1,152,274
 
 
885
 
 
Performance Food Group, Inc., Rule 144A, Company Guaranteed Notes
(Callable 09/15/27 @ 103.06)
(1)
  
(BB, B1)
  
 
09/15/32
 
  
 
6.125
 
  
 
913,476
 
 
394
 
 
Post Holdings, Inc., Rule 144A, Company Guaranteed Notes
(Callable 03/15/31 @ 103.25)
(1)
  
(B+, B2)
  
 
03/15/36
 
  
 
6.500
 
  
 
394,905
 
             
 
 
 
             
 
2,962,000
 
             
 
 
 
 
Gaming
(3.6%)
           
 
1,032
 
 
Caesars Entertainment, Inc., Rule 144A, Senior Secured Notes
(Callable 02/15/26 @ 103.50)
(1)
  
(BB-,
Ba3)
  
 
02/15/30
 
  
 
7.000
 
  
 
1,069,283
 
 
218
 
 
Caesars Entertainment, Inc., Rule 144A, Senior Secured Notes
(Callable 02/15/27 @ 103.25)
(1)
  
(BB-,
Ba3)
  
 
02/15/32
 
  
 
6.500
 
  
 
223,398
 
 
969
 
 
Light & Wonder International, Inc., Rule 144A, Company Guaranteed Notes
(Callable 10/01/28 @ 103.13)
(1)
  
(B+, B2)
  
 
10/01/33
 
  
 
6.250
 
  
 
981,161
 
 
1,737
 
 
Voyager Parent LLC, Rule 144A, Senior Secured Notes
(Callable 07/01/28 @ 104.63)
(1)
  
(B, B1)
  
 
07/01/32
 
  
 
9.250
 
  
 
1,844,083
 
 
1,500
 
 
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp., Rule 144A, Company Guaranteed Notes (Callable 02/15/27 @ 100.00)
(1)
  
(BB-,
B1)
  
 
05/15/27
 
  
 
5.250
 
  
 
1,506,430
 
             
 
 
 
             
 
5,624,355
 
             
 
 
 
 
See Accompanying Notes to Financial Statements.
 
8

Credit Suisse Asset Management Income Fund, Inc.
Schedule of Investments (continued)
December 31, 2025
 
 
Par
(000)
        
Ratings†
(S&P/Moody’s)
  
Maturity
    
Rate%
    
Value
 
 
CORPORATE BONDS
(continued)
           
 
Gas Distribution
(2.9%)
           
$
113
 
 
Antero Midstream Partners LP/Antero Midstream Finance Corp., Rule 144A, Senior Unsecured Notes (Callable 10/15/28 @ 102.88)
(1)
  
(BB+, Ba2)
  
 
10/15/33
 
  
 
5.750
 
  
$
113,743
 
 
272
 
 
Blue Racer Midstream LLC/Blue Racer Finance Corp., Rule 144A, Senior Unsecured Notes (Callable 01/30/26 @ 100.00)
(1)
  
(B+, B2)
  
 
07/15/26
 
  
 
6.625
 
  
 
273,264
 
 
200
 
 
Blue Racer Midstream LLC/Blue Racer Finance Corp., Rule 144A, Senior Unsecured Notes (Callable 07/15/27 @ 103.63)
(1)
  
(B+, B2)
  
 
07/15/32
 
  
 
7.250
 
  
 
212,374
 
 
286
 
 
Genesis Energy LP/Genesis Energy Finance Corp., Global Company Guaranteed Notes
(Callable 04/15/26 @ 104.44)
  
(B, B3)
  
 
04/15/30
 
  
 
8.875
 
  
 
301,892
 
 
400
 
 
Hess Midstream Operations LP, Rule 144A, Company Guaranteed Notes
(Callable 03/01/26 @ 102.94)
(1)
  
(BBB-,
Ba1)
  
 
03/01/28
 
  
 
5.875
 
  
 
408,514
 
 
373
 
 
Kinetik Holdings LP Rule 144A, Company Guaranteed Notes
(Callable 01/30/26 @ 102.94)
(1)
  
(BB+, Ba1)
  
 
06/15/30
 
  
 
5.875
 
  
 
376,522
 
 
692
 
 
Rockies Express Pipeline LLC, Rule 144A, Senior Unsecured Notes
(Callable 03/15/28 @ 103.38)
(1)
  
(BB, Ba2)
  
 
03/15/33
 
  
 
6.750
 
  
 
731,147
 
 
210
 
 
Rockies Express Pipeline LLC, Rule 144A, Senior Unsecured Notes
(Callable 02/15/30 @ 100.00)
(1)
  
(BB, Ba2)
  
 
05/15/30
 
  
 
4.800
 
  
 
207,408
 
 
600
 
 
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp., Rule 144A, Company Guaranteed Notes (Callable 01/30/26 @ 103.00)
(1)
  
(B+, B1)
  
 
12/31/30
 
  
 
6.000
 
  
 
605,197
 
 
1,300
 
 
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp., Rule 144A, Senior Unsecured Notes (Callable 02/15/26 @ 103.69)
(1)
  
(B+, B1)
  
 
02/15/29
 
  
 
7.375
 
  
 
1,349,635
 
             
 
 
 
             
 
4,579,696
 
             
 
 
 
 
Health Facilities
(0.7%)
           
 
364
 
 
Insulet Corp., Rule 144A, Senior Unsecured Notes
(Callable 04/01/28 @ 103.25)
(1)
  
(B+, B2)
  
 
04/01/33
 
  
 
6.500
 
  
 
380,820
 
 
263
 
 
Surgery Center Holdings, Inc., Rule 144A, Company Guaranteed Notes
(Callable 04/15/27 @ 103.63)
(1)
  
(CCC+, Caa1)
  
 
04/15/32
 
  
 
7.250
 
  
 
266,663
 
 
292
 
 
Tenet Healthcare Corp., Rule 144A, Senior Secured Notes
(Callable 11/15/28 @ 102.75)
(1)
  
(BB, Ba3)
  
 
11/15/32
 
  
 
5.500
 
  
 
296,177
 
 
117
 
 
Tenet Healthcare Corp., Rule 144A, Senior Unsecured Notes
(Callable 11/15/28 @ 103.00)
(1)
  
(B, B2)
  
 
11/15/33
 
  
 
6.000
 
  
 
120,536
 
             
 
 
 
             
 
1,064,196
 
             
 
 
 
 
Health Services
(3.4%)
           
 
1,742
 
 
AMN Healthcare, Inc., Rule 144A, Company Guaranteed Notes
(Callable 10/15/27 @ 103.25)
(1)
  
(BB-,
B1)
  
 
01/15/31
 
  
 
6.500
 
  
 
1,743,685
 
 
2,471
 
 
AthenaHealth Group, Inc., Rule 144A, Senior Unsecured Notes
(Callable 01/30/26 @ 103.25)
(1)
  
(CCC, Caa2)
  
 
02/15/30
 
  
 
6.500
 
  
 
2,465,664
 
 
1,046
 
 
Pediatrix Medical Group, Inc., Rule 144A, Company Guaranteed Notes
(Callable 01/30/26 @ 102.69)
(1)
  
(BB, Ba3)
  
 
02/15/30
 
  
 
5.375
 
  
 
1,046,953
 
             
 
 
 
 
Hotels
(1.1%)
           
 
5,256,302
 
             
 
 
 
 
330
 
 
Hilton Domestic Operating Co., Inc., Rule 144A, Company Guaranteed Notes
(Callable 07/01/28 @ 102.88)
(1)
  
(BB+, Ba2)
  
 
09/15/33
 
  
 
5.750
 
  
 
337,894
 
 
30
 
 
Hilton Domestic Operating Co., Inc., Rule 144A, Company Guaranteed Notes
(Callable 04/01/26 @ 102.94)
(1)
  
(BB+, Ba2)
  
 
04/01/29
 
  
 
5.875
 
  
 
30,779
 
 
1,063
 
 
RHP Hotel Properties LP/RHP Finance Corp., Rule 144A, Company Guaranteed Notes (Callable 06/15/28 @ 103.25)
(1)
  
(BB, Ba3)
  
 
06/15/33
 
  
 
6.500
 
  
 
1,109,274
 
 
181
 
 
RHP Hotel Properties LP/RHP Finance Corp., Rule 144A, Company Guaranteed Notes (Callable 04/01/27 @ 103.25)
(1)
  
(BB, Ba3)
  
 
04/01/32
 
  
 
6.500
 
  
 
187,836
 
             
 
 
 
             
 
1,665,783
 
             
 
 
 
 
See Accompanying Notes to Financial Statements.
 
9

Credit Suisse Asset Management Income Fund, Inc.
Schedule of Investments (continued)
December 31, 2025
 
 
Par
(000)
        
Ratings†
(S&P/Moody’s)
  
Maturity
    
Rate%
    
Value
 
 
CORPORATE BONDS
(continued)
           
 
Insurance Brokerage
(5.3%)
           
$
1,069
 
 
Alliant Holdings Intermediate LLC/Alliant Holdings
Co-Issuer,
Rule 144A, Senior Secured Notes (Callable 01/30/26 @ 103.38)
(1)
  
(B, B2)
  
 
04/15/28
 
  
 
6.750
 
  
$
1,093,271
 
 
333
 
 
Alliant Holdings Intermediate LLC/Alliant Holdings
Co-Issuer,
Rule 144A, Senior Secured Notes (Callable 10/01/27 @ 103.69)
(1)
  
(B, B2)
  
 
10/01/31
 
  
 
6.500
 
  
 
343,801
 
 
400
 
 
AmWINS Group, Inc., Rule 144A, Senior Secured Notes
(Callable 02/15/26 @ 103.19)
(1)
  
(B+, B1)
  
 
02/15/29
 
  
 
6.375
 
  
 
411,542
 
 
513
 
 
Ardonagh Group Finance Ltd., Rule 144A, Senior Unsecured Notes
(Callable 02/15/27 @ 104.44)
(1)
  
(CCC, Caa2)
  
 
02/15/32
 
  
 
8.875
 
  
 
535,236
 
 
1,675
 
 
Howden U.K. Refinance PLC/Howden U.K. Refinance 2 PLC/Howden U.S. Refinance LLC, Rule 144A, Senior Secured Notes (Callable 02/15/27 @ 103.63)
(1)
  
(B, B2)
  
 
02/15/31
 
  
 
7.250
 
  
 
1,725,994
 
 
800
 
 
HUB International Ltd., Rule 144A, Senior Secured Notes
(Callable 06/15/26 @ 103.63)
(1)
  
(B+, B1)
  
 
06/15/30
 
  
 
7.250
 
  
 
840,384
 
 
1,000
 
 
Jones Deslauriers Insurance Management, Inc., Rule 144A, Senior Secured Notes
(Callable 03/15/26 @ 104.25)
(1)
  
(B-,
B2)
  
 
03/15/30
 
  
 
8.500
 
  
 
1,048,577
 
 
942
 
 
Jones Deslauriers Insurance Management, Inc., Rule 144A, Senior Unsecured Notes
(Callable 10/01/28 @ 103.44)
(1)
  
(CCC, Caa2)
  
 
10/01/33
 
  
 
6.875
 
  
 
910,319
 
 
1,290
 
 
Panther Escrow Issuer LLC, Rule 144A, Senior Secured Notes
(Callable 06/01/27 @ 103.56)
(1)
  
(B, B2)
  
 
06/01/31
 
  
 
7.125
 
  
 
1,337,573
 
             
 
 
 
             
 
8,246,697
 
             
 
 
 
 
Investments & Misc. Financial Services
(8.6%)
           
 
2,100
 
 
Armor Holdco, Inc., Rule 144A, Company Guaranteed Notes
(Callable 01/30/26 @ 102.13)
(1)
  
(CCC+, B3)
  
 
11/15/29
 
  
 
8.500
 
  
 
2,124,921
 
 
600
 
 
Block, Inc., Global Senior Unsecured Notes
(Callable 05/15/27 @ 103.25)
  
(BB+, Ba1)
  
 
05/15/32
 
  
 
6.500
 
  
 
624,387
 
 
106
 
 
Block, Inc., Rule 144A, Senior Unsecured Notes
(Callable 08/15/27 @ 102.81)
(1)
  
(BB+, Ba1)
  
 
08/15/30
 
  
 
5.625
 
  
 
108,214
 
 
30
 
 
Block, Inc., Rule 144A, Senior Unsecured Notes
(Callable 08/15/28 @ 103.00)
(1)
  
(BB+, Ba1)
  
 
08/15/33
 
  
 
6.000
 
  
 
30,816
 
 
3,125
 
 
Boost Newco Borrower LLC, Rule 144A, Senior Secured Notes
(Callable 01/15/27 @ 103.75)
(1)
  
(BB, Ba3)
  
 
01/15/31
 
  
 
7.500
 
  
 
3,322,906
 
 
1,029
 
 
Compass Group Diversified Holdings LLC, Rule 144A, Company Guaranteed Notes
(Callable 01/15/26 @ 101.31)
(1),(2)
  
(B-,
B3)
  
 
04/15/29
 
  
 
5.250
 
  
 
955,654
 
 
868
 
 
Focus Financial Partners LLC, Rule 144A, Senior Secured Notes
(Callable 09/15/27 @ 103.38)
(1)
  
(B, B2)
  
 
09/15/31
 
  
 
6.750
 
  
 
894,244
 
 
1,309
 
 
Paysafe Finance PLC/Paysafe Holdings U.S. Corp., Rule 144A, Senior Secured Notes
(Callable 01/30/26 @ 101.00)
(1)
  
(B, B2)
  
 
06/15/29
 
  
 
4.000
 
  
 
1,205,385
 
 
1,389
 
 
Stonex Escrow Issuer LLC, Rule 144A, Secured Notes
(Callable 07/15/28 @ 103.44)
(1)
  
(BB-,
Ba3)
  
 
07/15/32
 
  
 
6.875
 
  
 
1,440,570
 
 
1,680
 
 
VFH Parent LLC/Valor
Co-Issuer,
Inc., Rule 144A, Senior Secured Notes
(Callable 06/15/27 @ 103.75)
(1)
  
(B+, B1)
  
 
06/15/31
 
  
 
7.500
 
  
 
1,763,825
 
 
858
 
 
Walker & Dunlop, Inc., Rule 144A, Company Guaranteed Notes
(Callable 04/01/28 @ 103.31)
(1)
  
(BB, Ba2)
  
 
04/01/33
 
  
 
6.625
 
  
 
884,124
 
             
 
 
 
             
 
13,355,046
 
             
 
 
 
 
See Accompanying Notes to Financial Statements.
 
10

Credit Suisse Asset Management Income Fund, Inc.
Schedule of Investments (continued)
December 31, 2025
 
 
Par
(000)
        
Ratings†
(S&P/Moody’s)
  
Maturity
    
Rate%
    
Value
 
 
CORPORATE BONDS
(continued)
           
 
Machinery
(4.3%)
           
$
815
 
 
Chart Industries, Inc., Rule 144A, Senior Secured Notes
(Callable 01/30/26 @ 103.75)
(1)
  
(BB-,
Ba2)
  
 
01/01/30
 
  
 
7.500
 
  
$
850,449
 
 
1,732
 
 
Enpro, Inc., Rule 144A, Company Guaranteed Notes
(Callable 06/01/28 @ 103.06)
(1)
  
(BB-,
Ba3)
  
 
06/01/33
 
  
 
6.125
 
  
 
1,791,451
 
 
1,992
 
 
Enviri Corp., Rule 144A, Company Guaranteed Notes
(Callable 01/30/26 @ 100.00)
(1)
  
(B, B3)
  
 
07/31/27
 
  
 
5.750
 
  
 
1,994,617
 
 
425
 
 
Goat Holdco LLC, Rule 144A, Senior Secured Notes
(Callable 02/01/28 @ 103.38)
(1)
  
(B, B2)
  
 
02/01/32
 
  
 
6.750
 
  
 
435,955
 
 
575
 
 
Griffon Corp., Global Company Guaranteed Notes
(Callable 01/30/26 @ 100.96)
  
(B+, B1)
  
 
03/01/28
 
  
 
5.750
 
  
 
576,470
 
 
800
 
 
Hillenbrand, Inc., Global Company Guaranteed Notes
(Callable 02/15/26 @ 103.13)
(2)
  
(BB, Ba1)
  
 
02/15/29
 
  
 
6.250
 
  
 
819,197
 
 
151
 
 
Regal Rexnord Corp., Global Company Guaranteed Notes
(Callable 01/15/33 @ 100.00)
  
(BB+, Baa3)
  
 
04/15/33
 
  
 
6.400
 
  
 
162,722
 
 
141
 
 
Synergy Infrastructure Holdings LLC, Rule 144A, Secured Notes
(Callable 12/01/27 @ 103.94)
(1)
  
(B, B3)
  
 
12/01/30
 
  
 
7.875
 
  
 
146,530
 
             
 
 
 
             
 
6,777,391
 
             
 
 
 
 
Media - Diversified
(0.0%)
           
 
28
 
 
Tech 7 SAS Super Senior
(3),(5),(6),(7),(8)
  
(NR, NR)
  
 
03/31/26
 
  
 
0.000
 
  
 
3
 
 
46
 
 
Tech 7 SAS Super Senior
(3),(5),(6),(7),(8)
  
(NR, NR)
  
 
03/31/26
 
  
 
0.000
 
  
 
5
 
 
14
 
 
Tech 7 SAS Technicolor Creative Studios Super Senior
(3),(5),(6),(7),(8)
  
(NR, NR)
  
 
03/01/26
 
  
 
0.000
 
  
 
2
 
 
14
 
 
Technicolor Creative Studios SA
(3),(5),(6),(7),(8)
  
(NR, NR)
  
 
04/01/26
 
  
 
0.000
 
  
 
2
 
             
 
 
 
             
 
12
 
             
 
 
 
 
Media Content
(0.2%)
           
 
400
 
 
Sirius XM Radio LLC, Rule 144A, Company Guaranteed Notes
(Callable 09/01/26 @ 101.94)
(1),(2)
  
(BB+, Ba3)
  
 
09/01/31
 
  
 
3.875
 
  
 
368,473
 
             
 
 
 
 
Metals & Mining - Excluding Steel
(4.9%)
           
 
689
 
 
Capstone Copper Corp., Rule 144A, Company Guaranteed Notes
(Callable 03/31/28 @ 103.38)
(1)
  
(BB-,
B1)
  
 
03/31/33
 
  
 
6.750
 
  
 
715,600
 
 
1,306
 
 
Constellium SE, Rule 144A, Company Guaranteed Notes
(Callable 08/15/27 @ 103.19)
(1)
  
(BB-,
Ba3)
  
 
08/15/32
 
  
 
6.375
 
  
 
1,354,322
 
 
1,800
 
 
ERO Copper Corp., Rule 144A, Company Guaranteed Notes
(Callable 01/30/26 @ 103.25)
(1)
  
(B+, B1)
  
 
02/15/30
 
  
 
6.500
 
  
 
1,803,372
 
 
200
 
 
First Quantum Minerals Ltd., Rule 144A, Company Guaranteed Notes
(Callable 02/15/29 @ 103.63)
(1)
  
(B, NR)
  
 
02/15/34
 
  
 
7.250
 
  
 
210,422
 
 
2,120
 
 
First Quantum Minerals Ltd., Rule 144A, Secured Notes
(Callable 03/01/26 @ 104.69)
(1)
  
(B, NR)
  
 
03/01/29
 
  
 
9.375
 
  
 
2,235,039
 
 
800
 
 
Kaiser Aluminum Corp., Rule 144A, Company Guaranteed Notes
(Callable 06/01/26 @ 102.25)
(1),(2)
  
(BB-,
B2)
  
 
06/01/31
 
  
 
4.500
 
  
 
776,135
 
 
206
 
 
Kaiser Aluminum Corp., Rule 144A, Senior Unsecured Notes
(Callable 03/01/29 @ 102.94)
(1)
  
(BB-,
B2)
  
 
03/01/34
 
  
 
5.875
 
  
 
206,863
 
 
348
 
 
Novelis Corp., Rule 144A, Company Guaranteed Notes
(Callable 08/15/28 @ 103.19)
(1)
  
(BB, B1)
  
 
08/15/33
 
  
 
6.375
 
  
 
353,071
 
             
 
 
 
             
 
7,654,824
 
             
 
 
 
 
See Accompanying Notes to Financial Statements.
 
11

Credit Suisse Asset Management Income Fund, Inc.
Schedule of Investments (continued)
December 31, 2025
 
 
Par
(000)
        
Ratings†
(S&P/Moody’s)
  
Maturity
    
Rate%
    
Value
 
 
CORPORATE BONDS
(continued)
           
 
Oil Field Equipment & Services
(0.1%)
           
$
225
 
 
USA Compression Partners LP/USA Compression Finance Corp., Rule 144A, Company Guaranteed Notes (Callable 10/01/28 @ 103.13)
(1)
  
(B+, B1)
  
 
10/01/33
 
  
 
6.250
 
  
$
227,854
 
             
 
 
 
 
Oil Refining & Marketing
(2.4%)
           
 
1,166
 
 
Global Partners LP/GLP Finance Corp., Rule 144A, Company Guaranteed Notes
(Callable 01/15/27 @ 104.13)
(1)
  
(B+, B1)
  
 
01/15/32
 
  
 
8.250
 
  
 
1,232,822
 
 
253
 
 
Sunoco LP, Rule 144A, Company Guaranteed Notes
(Callable 09/15/28 @ 102.94)
(1)
  
(BB+, Ba1)
  
 
03/15/34
 
  
 
5.875
 
  
 
253,096
 
 
600
 
 
Sunoco LP, Rule 144A, Company Guaranteed Notes
(Callable 05/01/27 @ 103.63)
(1)
  
(BB+, Ba1)
  
 
05/01/32
 
  
 
7.250
 
  
 
634,798
 
 
225
 
 
Sunoco LP, Rule 144A, Company Guaranteed Notes
(Callable 07/01/28 @ 103.13)
(1)
  
(BB+, Ba1)
  
 
07/01/33
 
  
 
6.250
 
  
 
230,683
 
 
750
 
 
Sunoco LP/Sunoco Finance Corp., Rule 144A, Company Guaranteed Notes
(Callable 01/10/26 @ 103.50)
(1)
  
(BB+, Ba1)
  
 
09/15/28
 
  
 
7.000
 
  
 
776,460
 
 
540
 
 
TransMontaigne Partners LLC, Rule 144A, Company Guaranteed Notes
(Callable 03/15/27 @ 104.25)
(1)
  
(CCC+, Caa1)
  
 
06/15/30
 
  
 
8.500
 
  
 
545,460
 
             
 
 
 
             
 
3,673,319
 
             
 
 
 
 
Packaging
(5.0%)
           
 
460
 
 
Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC, Rule 144A, Senior Unsecured Notes (Callable 01/30/26 @ 100.75)
(1),(3)
  
(CCC+, Caa2)
  
 
09/01/29
 
  
 
3.000
 
  
 
514,575
 
 
1,129
 
 
Cascades, Inc./Cascades USA, Inc., Rule 144A, Senior Unsecured Notes
(Callable 07/15/27 @ 103.38)
(1)
  
(BB-,
Ba3)
  
 
07/15/30
 
  
 
6.750
 
  
 
1,176,994
 
 
159
 
 
Crown Americas LLC, Rule 144A, Company Guaranteed Notes
(Callable 06/01/28 @ 102.94)
(1)
  
(BB+, Ba2)
  
 
06/01/33
 
  
 
5.875
 
  
 
162,762
 
 
1,010
 
 
Mauser Packaging Solutions Holding Co., Rule 144A, Secured Notes
(Callable 06/01/27 @ 104.63)
(1)
  
(CCC+, Caa2)
  
 
04/15/30
 
  
 
9.250
 
  
 
974,650
 
 
1,700
 
 
Mauser Packaging Solutions Holding Co., Rule 144A, Senior Secured Notes
(Callable 06/01/27 @ 103.94)
(1)
  
(B, B2)
  
 
04/15/30
 
  
 
7.875
 
  
 
1,696,490
 
 
279
 
 
Owens-Brockway Glass Container, Inc., Rule 144A, Company Guaranteed Notes
(Callable 05/15/26 @ 103.63)
(1)
  
(B+, B3)
  
 
05/15/31
 
  
 
7.250
 
  
 
285,149
 
 
544
 
 
Toucan FinCo Ltd./Toucan FinCo Can, Inc./Toucan FinCo U.S. LLC, Rule 144A, Senior Secured Notes (Callable 05/15/27 @ 104.75)
(1)
  
(B-,
B3)
  
 
05/15/30
 
  
 
9.500
 
  
 
543,688
 
 
1,718
 
 
Trident TPI Holdings, Inc., Rule 144A, Company Guaranteed Notes
(Callable 01/30/26 @ 106.38)
(1)
  
(CCC+, Caa3)
  
 
12/31/28
 
  
 
12.750
 
  
 
1,762,343
 
 
768
 
 
TriMas Corp., Rule 144A, Company Guaranteed Notes
(Callable 01/30/26 @ 101.03)
(1)
  
(BB-,
Ba3)
  
 
04/15/29
 
  
 
4.125
 
  
 
747,555
 
             
 
 
 
             
 
7,864,206
 
             
 
 
 
 
Personal & Household Products
(2.1%)
           
 
883
 
 
Acushnet Co., Rule 144A, Company Guaranteed Notes
(Callable 12/01/28 @ 102.81)
(1)
  
(BB, Ba3)
  
 
12/01/33
 
  
 
5.625
 
  
 
895,129
 
 
700
 
 
Amer Sports Co., Rule 144A, Senior Secured Notes
(Callable 02/16/27 @ 103.38)
(1)
  
(BBB-, Ba1)
  
 
02/16/31
 
  
 
6.750
 
  
 
734,487
 
 
1,156
 
 
Energizer Holdings, Inc., Rule 144A, Company Guaranteed Notes
(Callable 09/15/28 @ 103.00)
(1),(2)
  
(B, B2)
  
 
09/15/33
 
  
 
6.000
 
  
 
1,110,032
 
 
341
 
 
JH North America Holdings, Inc., Rule 144A, Senior Secured Notes
(Callable 07/31/27 @ 102.94)
(1)
  
(BBB-,
Ba1)
  
 
01/31/31
 
  
 
5.875
 
  
 
348,566
 
 
See Accompanying Notes to Financial Statements.
 
12

Credit Suisse Asset Management Income Fund, Inc.
Schedule of Investments (continued)
December 31, 2025
 
 
Par
(000)
        
Ratings†
(S&P/Moody’s)
  
Maturity
    
Rate%
    
Value
 
 
CORPORATE BONDS
(continued)
           
 
Personal & Household Products
(continued)
           
$
114
 
 
JH North America Holdings, Inc., Rule 144A, Senior Secured Notes
(Callable 07/31/28 @ 103.06)
(1)
  
(BBB-,
Ba1)
  
 
07/31/32
 
  
 
6.125
 
  
$
117,089
 
             
 
 
 
             
 
3,205,303
 
             
 
 
 
 
Pharmaceuticals
(0.3%)
           
 
400
 
 
IQVIA, Inc., Rule 144A, Company Guaranteed Notes
(Callable 06/01/28 @ 103.13)
(1)
  
(BB, Ba2)
  
 
06/01/32
 
  
 
6.250
 
  
 
418,467
 
             
 
 
 
 
Property & Casualty Insurance
(1.1%)
           
 
1,587
 
 
Ardonagh Finco Ltd., Rule 144A, Senior Secured Notes
(Callable 02/15/27 @ 103.88)
(1)
  
(B-,
B3)
  
 
02/15/31
 
  
 
7.750
 
  
 
1,664,882
 
             
 
 
 
 
Rail
(1.2%)
           
 
1,419
 
 
Genesee & Wyoming, Inc., Rule 144A, Senior Secured Notes
(Callable 04/15/27 @ 103.13)
(1)
  
(BB, Ba3)
  
 
04/15/32
 
  
 
6.250
 
  
 
1,465,122
 
 
415
 
 
Watco Cos. LLC/Watco Finance Corp., Rule 144A, Senior Unsecured Notes
(Callable 08/01/27 @ 103.56)
(1)
  
(B-,
B3)
  
 
08/01/32
 
  
 
7.125
 
  
 
434,675
 
             
 
 
 
             
 
1,899,797
 
             
 
 
 
 
Real Estate Investment Trusts
(1.2%)
           
 
323
 
 
Starwood Property Trust, Inc., Rule 144A, Company Guranteed Notes
(Callable 07/15/28 @ 100.00)
(1)
  
(BB-,
Ba3)
  
 
10/15/28
 
  
 
5.250
 
  
 
326,622
 
 
369
 
 
Starwood Property Trust, Inc., Rule 144A, Senior Unsecured Notes
(Callable 07/15/30 @ 100.00)
(1)
  
(BB-,
Ba3)
  
 
01/15/31
 
  
 
5.750
 
  
 
374,200
 
 
1,093
 
 
Starwood Property Trust, Inc., Rule 144A, Senior Unsecured Notes
(Callable 10/15/29 @ 100.00)
(1)
  
(BB-,
Ba3)
  
 
04/15/30
 
  
 
6.000
 
  
 
1,125,344
 
             
 
 
 
             
 
1,826,166
 
             
 
 
 
 
Recreation & Travel
(6.1%)
           
 
1,815
 
 
Motion Bondco DAC, Rule 144A, Company Guaranteed Notes
(Callable 01/30/26 @ 100.00)
(1),(2)
  
(CCC-,
Caa3)
  
 
11/15/27
 
  
 
6.625
 
  
 
1,763,549
 
 
2,350
 
 
SeaWorld Parks & Entertainment, Inc., Rule 144A, Company Guaranteed Notes
(Callable 01/10/26 @ 101.31)
(1),(2)
  
(B+, B2)
  
 
08/15/29
 
  
 
5.250
 
  
 
2,290,614
 
 
2,307
 
 
Six Flags Entertainment Corp., Rule 144A, Company Guaranteed Notes
(Callable 05/15/26 @ 103.63)
(1),(2)
  
(B+, Caa1)
  
 
05/15/31
 
  
 
7.250
 
  
 
2,215,383
 
 
1,815
 
 
Speedway Motorsports LLC/Speedway Funding II, Inc., Rule 144A, Senior Unsecured Notes (Callable 01/30/26 @ 100.00)
(1)
  
(BB+, B1)
  
 
11/01/27
 
  
 
4.875
 
  
 
1,814,009
 
 
1,318
 
 
Vail Resorts, Inc., Rule 144A, Company Guaranteed Notes
(Callable 05/15/27 @ 103.25)
(1)
  
(BB-,
Ba3)
  
 
05/15/32
 
  
 
6.500
 
  
 
1,368,880
 
             
 
 
 
             
 
9,452,435
 
             
 
 
 
 
Restaurants
(0.3%)
           
 
400
 
 
1011778 BC ULC/New Red Finance, Inc., Rule 144A, Senior Secured Notes
(Callable 06/15/26 @ 103.06)
(1)
  
(BB+, Ba2)
  
 
06/15/29
 
  
 
6.125
 
  
 
411,069
 
             
 
 
 
 
Software - Services
(7.9%)
           
 
434
 
 
AmeriTex HoldCo Intermediate LLC, Rule 144A, Senior Secured Notes
(Callable 08/15/28 @ 103.81)
(1)
  
(B, B2)
  
 
08/15/33
 
  
 
7.625
 
  
 
458,237
 
 
356
 
 
Brightstar Lottery PLC/Brightstar Global Solutions Corp., Rule 144A,
Senior Secured Notes (Callable 12/15/28 @ 102.88)
(1)
  
(BB+, NR)
  
 
01/15/33
 
  
 
5.750
 
  
 
353,632
 
 
See Accompanying Notes to Financial Statements.
 
13

Credit Suisse Asset Management Income Fund, Inc.
Schedule of Investments (continued)
December 31, 2025
 
 
Par
(000)
        
Ratings†
(S&P/Moody’s)
  
Maturity
    
Rate%
    
Value
 
 
CORPORATE BONDS
(continued)
           
 
Software - Services
(continued)
           
$
1,296
 
 
Cloud Software Group, Inc., Rule 144A, Secured Notes
(Callable 01/30/26 @ 104.50)
(1)
  
(B-,
Caa1)
  
 
09/30/29
 
  
 
9.000
 
  
$
1,350,281
 
 
900
 
 
Cloud Software Group, Inc., Rule 144A, Senior Secured Notes
(Callable 08/15/28 @ 103.31)
(1)
  
(B, B1)
  
 
08/15/33
 
  
 
6.625
 
  
 
892,510
 
 
362
 
 
CommScope LLC, Rule 144A, Senior Secured Notes
(Callable 06/15/26 @ 103.00)
(1),(2)
  
(B-,
B3)
  
 
12/15/31
 
  
 
9.500
 
  
 
365,946
 
 
2,150
 
 
Insight Enterprises, Inc., Rule 144A, Company Guaranteed Notes
(Callable 05/15/27 @ 103.31)
(1)
  
(BB+, Ba3)
  
 
05/15/32
 
  
 
6.625
 
  
 
2,210,499
 
 
800
 
 
Open Text Corp., Rule 144A, Senior Secured Notes
(Callable 11/01/27 @ 100.00)
(1)
  
(BBB-,
Ba1)
  
 
12/01/27
 
  
 
6.900
 
  
 
832,856
 
 
567
 
 
Open Text Holdings, Inc., Rule 144A, Company Guaranteed Notes
(Callable 12/01/26 @ 102.06)
(1)
  
(BB, Ba3)
  
 
12/01/31
 
  
 
4.125
 
  
 
529,679
 
 
1,040
 
 
UKG, Inc., Rule 144A, Senior Secured Notes (Callable 02/01/27 @ 103.44)
(1)
  
(B-,
B2)
  
 
02/01/31
 
  
 
6.875
 
  
 
1,070,429
 
 
2,298
 
 
Virtusa Corp., Rule 144A, Senior Unsecured Notes
(Callable 01/30/26 @ 100.00)
(1)
  
(B-,
Caa1)
  
 
12/15/28
 
  
 
7.125
 
  
 
2,266,626
 
 
1,516
 
 
WEX, Inc., Rule 144A, Company Guaranteed Notes
(Callable 03/15/28 @ 103.25)
(1)
  
(B, B1)
  
 
03/15/33
 
  
 
6.500
 
  
 
1,558,084
 
 
400
 
 
ZoomInfo Technologies LLC/ZoomInfo Finance Corp., Rule 144A, Company Guaranteed Notes (Callable 01/10/26 @ 100.97)
(1)
  
(B+, B1)
  
 
02/01/29
 
  
 
3.875
 
  
 
378,059
 
             
 
 
 
             
 
12,266,838
 
             
 
 
 
 
Specialty Retail
(2.4%)
           
 
331
 
 
Beach Acquisition Bidco LLC, Rule 144A, Senior Unsecured Notes, 10.000% Cash, 10.750% PIK (Callable 07/15/28 @ 103.00)
(1),(4)
  
(B+, Caa1)
  
 
07/15/33
 
  
 
10.000
 
  
 
365,602
 
 
1,991
 
 
Eagle Intermediate Global Holding BV/Eagle U.S. Finance LLC, Rule 144A, Senior Secured Notes, 7.500% Cash, 7.500% PIK
(1),(4),(9)
  
(NR, Ca)
  
 
03/31/26
 
  
 
7.500
 
  
 
1,045,459
 
 
55
 
 
Eagle Intermediate Global Holding BV/Eagle U.S. Finance LLC, Rule 144A, Senior Secured Notes, 7.500% Cash, 7.500% PIK
(1),(4),(7),(8)
  
(NR, Ca)
  
 
03/31/26
 
  
 
7.500
 
  
 
28,820
 
 
68
 
 
Eagle Intermediate Global Holding BV/Ruyi U.S. Finance LLC
(7),(9)
  
(NR, NR)
  
 
03/31/26
 
  
 
0.000
 
  
 
7
 
 
1,550
 
 
LCM Investments Holdings II LLC, Rule 144A, Senior Unsecured Notes
(Callable 08/01/26 @ 104.13)
(1)
  
(BB-,
B2)
  
 
08/01/31
 
  
 
8.250
 
  
 
1,640,363
 
 
763
 
 
Sonic Automotive, Inc., Rule 144A, Company Guaranteed Notes
(Callable 11/15/26 @ 102.44)
(1),(2)
  
(BB-,
B1)
  
 
11/15/31
 
  
 
4.875
 
  
 
740,203
 
             
 
 
 
             
 
3,820,454
 
             
 
 
 
 
Steel Producers/Products
(1.0%)
           
 
361
 
 
Carpenter Technology Corp., Rule 144A, Senior Unsecured Notes
(Callable 03/01/29 @ 102.81)
(1)
  
(BB+, Ba2)
  
 
03/01/34
 
  
 
5.625
 
  
 
367,008
 
 
346
 
 
Commercial Metals Co., Rule 144A, Senior Unsecured Notes
(Callable 11/15/28 @ 102.88)
(1)
  
(BB+, Ba2)
  
 
11/15/33
 
  
 
5.750
 
  
 
353,997
 
 
794
 
 
TMS International Corp., Rule 144A, Senior Unsecured Notes
(Callable 01/10/26 @ 101.56)
(1)
  
(B, Caa1)
  
 
04/15/29
 
  
 
6.250
 
  
 
770,467
 
             
 
 
 
             
 
1,491,472
 
             
 
 
 
 
See Accompanying Notes to Financial Statements.
 
14

Credit Suisse Asset Management Income Fund, Inc.
Schedule of Investments (continued)
December 31, 2025
 
 
Par
(000)
        
Ratings†
(S&P/Moody’s)
  
Maturity
    
Rate%
    
Value
 
 
CORPORATE BONDS
(continued)
           
 
Support - Services
(7.8%)
           
$
649
 
 
AECOM, Rule 144A, Company Guaranteed Notes
(Callable 08/01/28 @ 103.00)
(1)
  
(BB, Ba2)
  
 
08/01/33
 
  
 
6.000
 
  
$
665,504
 
 
2,614
 
 
Allied Universal Holdco LLC, Rule 144A, Senior Secured Notes
(Callable 02/15/27 @ 103.94)
(1)
  
(B, B3)
  
 
02/15/31
 
  
 
7.875
 
  
 
2,756,394
 
 
715
 
 
American Builders & Contractors Supply Co., Inc., Rule 144A, Senior Secured Notes
(Callable 01/30/26 @ 100.00)
(1)
  
(BBB-,
Ba2)
  
 
01/15/28
 
  
 
4.000
 
  
 
710,588
 
 
1,000
 
 
Belron U.K. Finance PLC, Rule 144A, Senior Secured Notes
(Callable 10/15/26 @ 102.88)
(1)
  
(BB-,
Ba3)
  
 
10/15/29
 
  
 
5.750
 
  
 
1,021,730
 
 
1,431
 
 
CoreLogic, Inc., Rule 144A, Senior Secured Notes
(Callable 01/30/26 @ 101.13)
(1)
  
(B-,
B2)
  
 
05/01/28
 
  
 
4.500
 
  
 
1,409,981
 
 
345
 
 
Herc Holdings, Inc., Rule 144A, Company Guaranteed Notes
(Callable 06/15/27 @ 103.50)
(1)
  
(BB-,
Ba3)
  
 
06/15/30
 
  
 
7.000
 
  
 
363,281
 
 
705
 
 
Herc Holdings, Inc., Rule 144A, Company Guaranteed Notes
(Callable 06/15/28 @ 103.63)
(1)
  
(BB-,
Ba3)
  
 
06/15/33
 
  
 
7.250
 
  
 
749,482
 
 
705
 
 
QXO Building Products, Inc., Rule 144A, Senior Secured Notes
(Callable 04/30/28 @ 103.38)
(1)
  
(BB-,
Ba3)
  
 
04/30/32
 
  
 
6.750
 
  
 
736,879
 
 
132
 
 
United Rentals North America, Inc., Rule 144A, Company
Guaranteed Notes (Callable 11/15/28 @ 102.69)
(1)
  
(BB+, Ba2)
  
 
11/15/33
 
  
 
5.375
 
  
 
131,988
 
 
500
 
 
WESCO Distribution, Inc., Rule 144A, Company Guaranteed Notes
(Callable 01/30/26 @ 101.21)
(1)
  
(BB, Ba3)
  
 
06/15/28
 
  
 
7.250
 
  
 
507,551
 
 
400
 
 
WESCO Distribution, Inc., Rule 144A, Company Guaranteed Notes
(Callable 03/15/26 @ 103.19)
(1)
  
(BB, Ba3)
  
 
03/15/29
 
  
 
6.375
 
  
 
413,568
 
 
330
 
 
WESCO Distribution, Inc., Rule 144A, Company Guaranteed Notes
(Callable 03/15/28 @ 103.19)
(1)
  
(BB, Ba3)
  
 
03/15/33
 
  
 
6.375
 
  
 
344,754
 
 
406
 
 
Williams Scotsman, Inc., Rule 144A, Senior Secured Notes
(Callable 04/15/27 @ 103.31)
(1)
  
(BB-,
B2)
  
 
04/15/30
 
  
 
6.625
 
  
 
421,079
 
 
1,372
 
 
Williams Scotsman, Inc., Rule 144A, Senior Secured Notes
(Callable 06/15/26 @ 103.31)
(1)
  
(BB-,
B2)
  
 
06/15/29
 
  
 
6.625
 
  
 
1,422,217
 
 
752
 
 
ZipRecruiter, Inc., Rule 144A, Senior Unsecured Notes
(Callable 01/10/26 @ 102.50)
(1)
  
(B, B3)
  
 
01/15/30
 
  
 
5.000
 
  
 
591,073
 
             
 
 
 
             
 
12,246,069
 
             
 
 
 
 
Tech Hardware & Equipment
(1.8%)
           
 
859
 
 
Ahead DB Holdings LLC, Rule 144A, Company Guaranteed Notes
(Callable 01/30/26 @ 101.66)
(1)
  
(CCC+, Caa1)
  
 
05/01/28
 
  
 
6.625
 
  
 
865,405
 
 
683
 
 
CommScope Technologies LLC, Rule 144A, Company Guaranteed Notes
(Callable 01/10/26 @ 100.00)
(1)
  
(CCC, Caa3)
  
 
03/15/27
 
  
 
5.000
 
  
 
681,933
 
 
1,150
 
 
Zebra Technologies Corp., Rule 144A, Company Guaranteed Notes
(Callable 06/01/27 @ 103.25)
(1)
  
(BB, Ba2)
  
 
06/01/32
 
  
 
6.500
 
  
 
1,192,242
 
             
 
 
 
             
 
2,739,580
 
             
 
 
 
 
Telecom - Wireline Integrated & Services
(1.5%)
           
 
1,000
 
 
Altice Financing SA, Rule 144A, Senior Secured Notes
(Callable 01/30/26 @ 100.00)
(1),(2)
  
(CCC, Caa2)
  
 
01/15/28
 
  
 
5.000
 
  
 
701,022
 
 
225
 
 
Level 3 Financing, Inc., Rule 144A, Company Guaranteed Notes
(Callable 01/15/31 @ 104.25)
(1)
  
(CCC, Caa1)
  
 
01/15/36
 
  
 
8.500
 
  
 
230,961
 
 
See Accompanying Notes to Financial Statements.
 
15

Credit Suisse Asset Management Income Fund, Inc.
Schedule of Investments (continued)
December 31, 2025
 
 
Par
(000)
        
Ratings†
(S&P/Moody’s)
  
Maturity
    
Rate%
    
Value
 
 
CORPORATE BONDS
(continued)
           
 
Telecom - Wireline Integrated & Services
(continued)
           
$
200
 
 
Virgin Media Secured Finance PLC, Rule 144A, Senior Secured Notes
(Callable 01/30/26 @ 102.25)
(1)
  
(B+, Ba3)
  
 
08/15/30
 
  
 
4.500
 
  
$
185,911
 
 
826
 
 
Vmed O2 U.K. Financing I PLC, Rule 144A, Senior Secured Notes
(Callable 01/31/26 @ 102.13)
(1)
  
(B+, Ba3)
  
 
01/31/31
 
  
 
4.250
 
  
 
754,105
 
 
550
 
 
Vmed O2 U.K. Financing I PLC, Rule 144A, Senior Secured Notes
(Callable 07/15/26 @ 102.38)
(1)
  
(B+, Ba3)
  
 
07/15/31
 
  
 
4.750
 
  
 
508,241
 
             
 
 
 
             
 
2,380,240
 
             
 
 
 
 
Theaters & Entertainment
(0.4%)
           
 
600
 
 
Live Nation Entertainment, Inc., Rule 144A, Senior Secured Notes
(Callable 01/30/26 @ 101.63)
(1)
  
(BB, Ba1)
  
 
05/15/27
 
  
 
6.500
 
  
 
605,794
 
             
 
 
 
 
Transport Infrastructure/Services
(0.9%)
           
 
200
 
 
XPO, Inc., Rule 144A, Company Guaranteed Notes
(Callable 06/01/26 @ 103.56)
(1)
  
(B+, Ba3)
  
 
06/01/31
 
  
 
7.125
 
  
 
209,417
 
 
400
 
 
XPO, Inc., Rule 144A, Company Guaranteed Notes
(Callable 02/01/27 @ 103.56)
(1)
  
(B+, Ba3)
  
 
02/01/32
 
  
 
7.125
 
  
 
422,066
 
 
694
 
 
XPO, Inc., Rule 144A, Senior Secured Notes (Callable 01/10/26 @ 103.13)
(1)
  
(BBB-,
Ba1)
  
 
06/01/28
 
  
 
6.250
 
  
 
708,888
 
             
 
 
 
             
 
1,340,371
 
             
 
 
 
 
TOTAL CORPORATE BONDS
(Cost $176,463,572)
           
 
176,543,951
 
             
 
 
 
 
BANK LOANS
(17.7%)
           
 
Advertising
(1.1%)
           
 
1,977
 
 
MH Sub I LLC, 1 mo. USD Term SOFR + 4.250%
(10)
  
(B, B1)
  
 
12/31/31
 
  
 
7.966
 
  
 
1,701,458
 
             
 
 
 
 
Aerospace & Defense
(0.4%)
           
 
889
 
 
Atlas CC Acquisition Corp. (2025 Second Out Term Loan B), 3 mo. USD Term SOFR + 4.250%
(10)
  
(CCC+, Caa2)
  
 
05/25/29
 
  
 
8.370
 
  
 
460,571
 
 
129
 
 
Atlas CC Acquisition Corp. (2025 Second Out Term Loan C), 3 mo. USD Term SOFR + 4.250%
(10)
  
(CCC+, Caa2)
  
 
05/25/29
 
  
 
8.370
 
  
 
66,841
 
 
109
 
 
Peraton Corp., 3 mo. USD Term SOFR + 7.750%
(10)
  
(NR, NR)
  
 
02/01/29
 
  
 
11.672
 
  
 
86,587
 
             
 
 
 
             
 
613,999
 
             
 
 
 
 
Auto Parts & Equipment
(0.2%)
           
 
325
 
 
Jason Group, Inc., 1 mo. USD Term SOFR + 6.000%
(8),(9),(10)
  
(NR, NR)
  
 
11/30/26
 
  
 
9.831
 
  
 
294,048
 
             
 
 
 
 
Building Materials
(0.4%)
           
 
414
 
 
ARAMSCO, Inc., 3 mo. USD Term SOFR + 4.750%
(10)
  
(CCC+, Caa1)
  
 
10/10/30
 
  
 
8.422
 
  
 
280,795
 
 
518
 
 
Cornerstone Building Brands, Inc., 1 mo. USD Term SOFR + 5.625%
(10)
  
(B-,
Caa1)
  
 
08/01/28
 
  
 
9.375
 
  
 
412,166
 
             
 
 
 
             
 
692,961
 
             
 
 
 
 
Chemicals
(0.8%)
           
 
605
 
 
Lonza Group AG
(10),(11)
  
(B-,
B2)
  
 
07/03/28
 
  
 
0.000
 
  
 
532,468
 
 
299
 
 
PMHC II, Inc., 3 mo. USD Term SOFR + 6.250%
(8),(10)
  
(CCC+, Caa1)
  
 
04/21/29
 
  
 
10.177
 
  
 
169,158
 
 
See Accompanying Notes to Financial Statements.
 
16

Credit Suisse Asset Management Income Fund, Inc.
Schedule of Investments (continued)
December 31, 2025
 
 
Par
(000)
        
Ratings†
(S&P/Moody’s)
  
Maturity
    
Rate%
    
Value
 
 
BANK LOANS
(continued)
           
 
Chemicals
(continued)
           
$
713
 
 
PMHC II, Inc., 3 mo. USD Term SOFR + 4.250%
(10)
  
(CCC+, Caa1)
  
 
04/23/29
 
  
 
8.327
 
  
$
399,616
 
 
72
 
 
SK Neptune Husky Finance SARL
(5),(6),(9)
  
(NR, WR)
  
 
04/30/26
 
  
 
0.000
 
  
 
10,316
 
 
745
 
 
SK Neptune Husky Group SARL
(5),(6),(9)
  
(NR, WR)
  
 
01/03/29
 
  
 
0.000
 
  
 
18,613
 
 
221
 
 
Tronox Finance LLC
(10),(11)
  
(B, B1)
  
 
04/04/29
 
  
 
0.000
 
  
 
182,136
 
             
 
 
 
             
 
1,312,307
 
             
 
 
 
 
Electronics
(0.5%)
           
 
792
 
 
Idemia Group, 3 mo. USD Term SOFR + 4.250%
(10)
  
(B, B2)
  
 
09/30/28
 
  
 
7.922
 
  
 
798,668
 
             
 
 
 
 
Energy - Exploration & Production
(0.4%)
           
 
594
 
 
Colossus Acquireco LLC, 3 mo. USD Term SOFR + 1.750%
(10)
  
(BB+, Ba1)
  
 
07/30/32
 
  
 
5.410
 
  
 
594,265
 
             
 
 
 
 
Food - Wholesale
(0.5%)
           
 
600
 
 
Quantum Bidco Ltd.
(10),(11),(12)
  
(B, B3)
  
 
01/25/28
 
  
 
0.000
 
  
 
809,047
 
 
300
 
 
WOOF Holdings, Inc., 3 mo. USD Term SOFR + 3.750%
(10)
  
(CCC-,
Ca)
  
 
12/31/29
 
  
 
7.684
 
  
 
38,250
 
             
 
 
 
             
 
847,297
 
             
 
 
 
 
Gas Distribution
(0.6%)
           
 
946
 
 
Traverse Midstream Partners LLC, 3 mo. USD Term SOFR + 2.500%
(10)
  
(B+, B2)
  
 
02/16/28
 
  
 
6.340
 
  
 
949,617
 
             
 
 
 
 
Health Facilities
(0.4%)
           
 
285
 
 
Carestream Health, Inc., 3 mo. USD Term SOFR + 7.500%
(9),(10)
  
(CCC+, Caa2)
  
 
09/30/27
 
  
 
11.272
 
  
 
146,460
 
 
210
 
 
Sonrava Health Holdings LLC
(5),(6),(8),(9)
  
(NR, B3)
  
 
05/18/28
 
  
 
0.000
 
  
 
141,913
 
 
880
 
 
Sonrava Health Holdings LLC, 5.500% PIK
(4),(5),(6),(8),(9)
  
(NR, Caa3)
  
 
08/18/28
 
  
 
5.500
 
  
 
66,010
 
 
39
 
 
Sonrava Health Holdings LLC
(8),(10),(11)
  
(NR, NR)
  
 
06/03/26
 
  
 
0.000
 
  
 
38,356
 
 
175
 
 
Zest Acquisition Corp.
(8),(10),(11)
  
(B, B3)
  
 
02/08/28
 
  
 
0.000
 
  
 
171,932
 
             
 
 
 
             
 
564,671
 
             
 
 
 
 
Health Services
(0.2%)
           
 
57
 
 
MedAssets Software Intermediate Holdings, Inc., 3 mo. USD Term SOFR + 4.000%
(10)
  
(B, Caa1)
  
 
12/15/28
 
  
 
7.695
 
  
 
51,378
 
 
279
 
 
MedAssets Software Intermediate Holdings, Inc., 1 mo. USD Term SOFR + 4.000%
(10)
  
(CCC, Ca)
  
 
12/15/28
 
  
 
7.845
 
  
 
193,151
 
 
25
 
 
MedAssets Software Intermediate Holdings, Inc., 3 mo. USD Term SOFR + 5.250%
(10)
  
(B, Caa1)
  
 
12/15/28
 
  
 
8.945
 
  
 
23,030
 
             
 
 
 
             
 
267,559
 
             
 
 
 
 
Hotels
(0.2%)
           
 
131
 
 
Aimbridge Acquisition Co., Inc., 1 mo. USD Term SOFR + 1.500% Cash, 6.000% PIK
(4),(10)
  
(B-,
Caa1)
  
 
03/11/30
 
  
 
11.350
 
  
 
130,624
 
 
144
 
 
Aimbridge Acquisition Co., Inc., 1 mo. USD Term SOFR + 5.500%
(10)
  
(B+, B2)
  
 
03/11/30
 
  
 
9.350
 
  
 
144,404
 
             
 
 
 
             
 
275,028
 
             
 
 
 
 
Insurance Brokerage
(0.6%)
           
 
137
 
 
Allied Benefit Systems Intermediate LLC
(8),(13)
  
(NR, NR)
  
 
10/31/30
 
  
 
1.000
 
  
 
136,659
 
 
860
 
 
Allied Benefit Systems Intermediate LLC, 3 mo. USD Term SOFR + 5.250%
(8),(10)
  
(NR, NR)
  
 
10/31/30
 
  
 
8.733
 
  
 
857,203
 
             
 
 
 
             
 
993,862
 
             
 
 
 
 
Machinery
(0.2%)
           
 
393
 
 
Madison IAQ LLC, 3 mo. USD Term SOFR + 2.750%
(10)
  
(B, B1)
  
 
11/08/32
 
  
 
6.637
 
  
 
396,102
 
             
 
 
 
 
See Accompanying Notes to Financial Statements.
 
17

Credit Suisse Asset Management Income Fund, Inc.
Schedule of Investments (continued)
December 31, 2025
 
 
Par
(000)
        
Ratings†
(S&P/Moody’s)
  
Maturity
    
Rate%
    
Value
 
 
BANK LOANS
(continued)
           
 
Media - Diversified
(0.7%)
           
$
790
 
 
Cast & Crew Payroll LLC, 1 mo. USD Term SOFR + 3.750%
(10)
  
(CCC+, Caa1)
  
 
12/29/28
 
  
 
7.466
 
  
$
476,940
 
 
216
 
 
Technicolor Creative Studios, 0.500% PIK
(3),(4),(5),(6),(7),(8)
  
(NR, NR)
  
 
08/06/33
 
  
 
0.500
 
  
 
0
 
 
618
 
 
X Corp.
  
(NR, NR)
  
 
10/26/29
 
  
 
9.500
 
  
 
617,045
 
             
 
 
 
             
 
1,093,985
 
             
 
 
 
 
Packaging
(0.8%)
           
 
1,231
 
 
Proampac PG Borrower LLC, 3 mo. USD Term SOFR + 4.000%
(10)
  
(B-,
B3)
  
 
09/15/28
 
  
 
7.898 - 7.905
 
  
 
1,235,382
 
             
 
 
 
 
Personal & Household Products
(0.9%)
           
 
1,264
 
 
Serta Simmons Bedding LLC, 3 mo. USD Term SOFR + 7.500%
(10)
  
(NR, NR)
  
 
06/29/28
 
  
 
11.286
 
  
 
1,195,497
 
 
138
 
 
Serta Simmons Bedding LLC, 3 mo. USD Term SOFR + 7.500%
(8),(9),(10)
  
(NR, NR)
  
 
06/29/28
 
  
 
11.484
 
  
 
138,138
 
             
 
 
 
             
 
1,333,635
 
             
 
 
 
 
Software - Services
(5.6%)
           
 
551
 
 
AQ Carver Buyer, Inc., 3 mo. USD Term SOFR + 5.500%
(10)
  
(B, B3)
  
 
08/02/29
 
  
 
9.272
 
  
 
528,593
 
 
282
 
 
Astra Acquisition Corp.
(5),(6),(9)
  
(D, WR)
  
 
02/25/28
 
  
 
0.000
 
  
 
59,126
 
 
834
 
 
Astra Acquisition Corp.
(5),(6),(9)
  
(D, WR)
  
 
10/25/28
 
  
 
0.000
 
  
 
3,520
 
 
23
 
 
Astra Acquisition Corp., 3 mo. USD Term SOFR + 8.750%
(8),(10)
  
(NR, NR)
  
 
04/01/26
 
  
 
12.627
 
  
 
23,579
 
 
10
 
 
Astra Acquisition Corp., 3 mo. USD Term SOFR + 8.750%
(8),(10)
  
(NR, NR)
  
 
04/01/26
 
  
 
12.735
 
  
 
10,063
 
 
127
 
 
CommScope, Inc., 1 mo. USD Term SOFR + 4.750%
(10)
  
(B-,
B3)
  
 
12/17/29
 
  
 
8.466
 
  
 
126,938
 
 
712
 
 
Corel Corp., 3 mo. USD Term SOFR + 5.000%
(9),(10)
  
(CCC+, B3)
  
 
07/02/26
 
  
 
8.922
 
  
 
672,857
 
 
1,386
 
 
EagleView Technology Corp., 3 mo. USD Term SOFR + 5.500%
(10)
  
(B-,
B3)
  
 
08/14/28
 
  
 
9.172
 
  
 
1,337,437
 
 
332
 
 
Javelin Buyer, Inc., 3 mo. USD Term SOFR + 5.000%
(9),(10)
  
(CCC+, Caa2)
  
 
12/06/32
 
  
 
8.822
 
  
 
330,188
 
 
1,124
 
 
OID-OL
Intermediate I LLC, 3 mo. USD Term SOFR + 4.250%
(10)
  
(CCC+, Caa1)
  
 
02/01/29
 
  
 
8.240
 
  
 
942,722
 
 
471
 
 
OID-OL
Intermediate I LLC, 3 mo. USD Term SOFR + 6.000%
(10)
  
(B, B1)
  
 
02/01/29
 
  
 
9.840
 
  
 
484,751
 
 
372
 
 
Polaris Newco LLC, 1 mo. GBP SONIA + 5.000%
(10),(12)
  
(CCC+, B3)
  
 
06/02/28
 
  
 
8.723
 
  
 
460,681
 
 
1,150
 
 
Project Alpha Intermediate Holding, Inc., 3 mo. USD Term SOFR + 5.000%
(10)
  
(B-,
Caa1)
  
 
05/09/33
 
  
 
8.672
 
  
 
1,105,800
 
 
1,573
 
 
RealPage, Inc., 3 mo. USD Term SOFR + 3.000%
(10)
  
(B-,
B3)
  
 
04/24/28
 
  
 
6.934
 
  
 
1,573,988
 
 
514
 
 
Redstone Holdco 2 LP, 3 mo. USD Term SOFR + 4.750%
(10)
  
(CCC-,
Caa2)
  
 
04/27/28
 
  
 
8.852
 
  
 
215,799
 
 
802
 
 
UKG, Inc., 3 mo. USD Term SOFR + 2.500%
(10)
  
(B-,
B2)
  
 
02/10/31
 
  
 
6.338
 
  
 
804,076
 
             
 
 
 
             
 
8,680,118
 
             
 
 
 
 
Steel Producers/Products
(0.6%)
           
 
1,001
 
 
OPTA, Inc., 1 mo. USD Term SOFR + 6.750%
(8),(9),(10)
  
(NR, NR)
  
 
11/09/28
 
  
 
10.581
 
  
 
980,958
 
             
 
 
 
 
Support - Services
(2.1%)
           
 
219
 
 
CoreLogic, Inc., 1 mo. USD Term SOFR + 6.500%
(10)
  
(CCC, Caa2)
  
 
06/04/29
 
  
 
10.331
 
  
 
221,510
 
 
823
 
 
CoreLogic, Inc., 1 mo. USD Term SOFR + 3.500%
(10)
  
(B-,
B2)
  
 
06/02/28
 
  
 
7.331
 
  
 
825,294
 
 
353
 
 
LaserShip, Inc., 3 mo. USD Term SOFR + 4.000%
(10)
  
(CCC-,
Caa2)
  
 
01/02/29
 
  
 
7.672
 
  
 
266,982
 
 
313
 
 
LaserShip, Inc., 3 mo. USD Term SOFR + 6.250%
(10)
  
(B, B2)
  
 
01/02/29
 
  
 
9.922
 
  
 
317,487
 
 
802
 
 
LaserShip, Inc., 3 mo. USD Term SOFR + 1.500%
(10)
  
(CCC, Caa2)
  
 
08/10/29
 
  
 
5.434
 
  
 
603,134
 
 
270
 
 
LaserShip, Inc., 3 mo. USD Term SOFR + 1.500%
(10)
  
(CCC-,
Caa3)
  
 
08/10/29
 
  
 
5.172
 
  
 
84,449
 
 
536
 
 
PODS LLC, 1 mo. USD Term SOFR + 3.000%
(10)
  
(B-,
B3)
  
 
03/31/28
 
  
 
6.831
 
  
 
530,790
 
 
400
 
 
TruGreen LP, 3 mo. USD Term SOFR + 8.500%
(9),(10)
  
(CCC, Caa3)
  
 
11/02/28
 
  
 
12.602
 
  
 
373,126
 
             
 
 
 
             
 
3,222,772
 
             
 
 
 
 
See Accompanying Notes to Financial Statements.
 
18

Credit Suisse Asset Management Income Fund, Inc.
Schedule of Investments (continued)
December 31, 2025
 
 
Par
(000)
        
Ratings†
(S&P/Moody’s)
  
Maturity
    
Rate%
    
Value
 
 
BANK LOANS
(continued)
           
 
Telecom - Wireline Integrated & Services
(0.5%)
           
$
968
 
 
Patagonia Holdco LLC, 3 mo. USD Term SOFR + 5.750%
(10)
  
(NR, B3)
  
 
08/01/29
 
  
 
9.620
 
  
$
721,405
 
             
 
 
 
 
TOTAL BANK LOANS
(Cost $31,313,145)
           
 
27,570,097
 
             
 
 
 
 
Collateralized Debt Obligations
(6.0%)
           
 
1,000
 
 
Anchorage Capital CLO 25 Ltd.,
2022-25A,
Rule 144A, 3 mo. USD Term SOFR + 7.170%
(1),(10)
  
(NR, Ba3)
  
 
04/20/35
 
  
 
11.054
 
  
 
987,023
 
 
780
 
 
Anchorage Capital Europe CLO 6 DAC, Rule 144A, 3 mo. EURIBOR + 3.400%
(1),(3),(10)
  
(BBB-,
NR)
  
 
10/22/38
 
  
 
5.437
 
  
 
922,569
 
 
500
 
 
Anchorage Credit Funding 4 Ltd.,
2016-4A,
Rule 144A
(1)
  
(NR, Ba1)
  
 
04/27/39
 
  
 
6.659
 
  
 
492,502
 
 
1,500
 
 
ARES LXIII CLO Ltd.,
2022-63A,
Rule 144A, 3 mo. USD Term SOFR +
3.000%
(1),(10)
  
(NR, NR)
  
 
10/15/38
 
  
 
7.283
 
  
 
1,501,981
 
 
750
 
 
Battalion CLO 18 Ltd.,
2020-18A,
Rule 144A, 3 mo. USD Term SOFR +
6.972%
(1),(10)
  
(B, NR)
  
 
10/15/36
 
  
 
10.876
 
  
 
628,222
 
 
1,000
 
 
Battalion CLO XV Ltd.,
2020-15A,
Rule 144A, 3 mo. USD Term SOFR +
6.612%
(1),(10)
  
(BB-,
NR)
  
 
01/17/33
 
  
 
10.493
 
  
 
897,886
 
 
1,000
 
 
Cedar Funding VI CLO Ltd.,
2016-6A,
Rule 144A, 3 mo. USD Term SOFR +
6.250%
(1),(10)
  
(BB-,
NR)
  
 
04/20/34
 
  
 
10.134
 
  
 
995,736
 
 
1,000
 
 
KKR CLO 14 Ltd., Rule 144A, 3 mo. USD Term SOFR + 6.412%
(1),(10)
  
(NR, B1)
  
 
07/15/31
 
  
 
10.316
 
  
 
984,547
 
 
1,000
 
 
KKR CLO 16 Ltd., Rule 144A, 3 mo. USD Term SOFR + 7.372%
(1),(10)
  
(B, NR)
  
 
10/20/34
 
  
 
11.256
 
  
 
959,549
 
 
1,000
 
 
Marble Point CLO XXIII Ltd.,
2021-4A,
Rule 144A, 3 mo. USD Term SOFR +
6.012%
(1),(10)
  
(NR, Ba1)
  
 
01/22/35
 
  
 
9.869
 
  
 
1,004,590
 
             
 
 
 
 
TOTAL ASSET BACKED SECURITIES
(Cost $9,587,225)
           
 
9,374,605
 
             
 
 
 
             
Shares
                               
 
COMMON STOCKS
(0.8%)
           
 
Auto Parts & Equipment
(0.1%)
           
 
38
 
 
Jason, Inc.
(6)
           
 
206,690
 
             
 
 
 
 
Chemicals
(0.3%)
           
 
34,560,048
 
 
Ascend Performance Litigation Trust Interest, Class A
(6),(7)
           
 
2,143
 
 
69,655,103
 
 
Ascend Performance Litigation Trust Interest, Class C
(6),(7)
           
 
4,319
 
 
7,652
 
 
Ascend Performance Materials Operations LLC
(6),(8)
           
 
17,217
 
 
46,574
 
 
Proppants Holdings LLC
(7),(8),(9)
           
 
931
 
 
12,633
 
 
SK Mohawk Holdings, SCS
(6),(8)
           
 
126,330
 
 
10,028
 
 
Utex Industries
(6)
           
 
270,756
 
             
 
 
 
             
 
421,696
 
             
 
 
 
 
Hotels
(0.2%)
           
 
4,671
 
 
Aimbridge Acquisition Co., Inc.
(6)
           
 
303,615
 
             
 
 
 
 
Personal & Household Products
(0.1%)
           
 
22,719
 
 
Dream Well, Inc.
(6)
           
 
210,151
 
 
22,719
 
 
Serta Simmons Bedding Equipment Co.
(6),(7),(8)
           
 
0
 
             
 
 
 
             
 
210,151
 
             
 
 
 
 
See Accompanying Notes to Financial Statements.
 
19

Credit Suisse Asset Management Income Fund, Inc.
Schedule of Investments (continued)
December 31, 2025
 
 
Shares
                           
Value
 
 
COMMON STOCKS
(continued)
           
 
Pharmaceuticals
(0.0%)
           
 
45,583
 
 
Akorn, Inc.
(6)
           
$
1,368
 
             
 
 
 
 
Private Placement
(0.0%)
           
 
69,511,940
 
 
Technicolor Creative Studios SA
(6),(7),(8),(14)
           
 
0
 
             
 
 
 
 
Support - Services
(0.0%)
           
 
800
 
 
LTR Holdings, Inc.
(6),(7),(8),(9)
           
 
1,185
 
             
 
 
 
 
Telecom - Wireline Integrated & Services
(0.1%)
           
 
10,212
 
 
Luxco Co. Ltd.
(3),(6)
           
 
179,734
 
             
 
 
 
 
TOTAL COMMON STOCKS
(Cost $3,668,565)
           
 
1,324,439
 
             
 
 
 
 
WARRANT
(0.0%)
           
 
Chemicals
(0.0%)
           
 
11,643
 
 
Project Investor Holdings LLC, expires 02/08/26
(6),(7),(8),(9)
(Cost $6,054)
           
 
0
 
             
 
 
 
 
SHORT-TERM INVESTMENTS
(13.5%)
           
 
4,797,320
 
 
State Street Institutional U.S. Government Money Market Fund - Premier Class, 3.745%
(15)
           
 
4,797,320
 
 
16,281,992
 
 
State Street Navigator Securities Lending Government Money Market Portfolio, 3.83%
(15),(16)
           
 
16,281,992
 
             
 
 
 
 
TOTAL SHORT-TERM INVESTMENTS
(Cost $21,079,312)
           
 
21,079,312
 
             
 
 
 
 
TOTAL INVESTMENTS AT VALUE (151.2%)
(Cost $242,117,873)
           
 
235,892,404
 
 
LIABILITIES IN EXCESS OF OTHER ASSETS
(-51.2%)
           
 
(79,865,769
             
 
 
 
 
NET ASSETS
(100.0%)
           
$
156,026,635
 
             
 
 
 
INVESTMENT ABBREVIATIONS
1 mo. = 1 month
3 mo. = 3 month
EURIBOR = Euro Interbank Offered Rate
NR = Not Rated
SARL = société à responsabilité limitée
SOFR = Secured Overnight Financing Rate
SONIA = Sterling Overnight Interbank Average Rate
WR = Withdrawn Rating
 
Credit ratings given by the S&P Global Ratings Division of S&P Global Inc. (“S&P”) and Moody’s Investors Service, Inc. (“Moody’s”) are unaudited.
 
(1)
 
Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At December 31, 2025, these securities amounted to a value of $183,433,869 or 117.6% of net assets.
 
(2)
 
Security or portion thereof is out on loan (See Note
2-K).
 
(3)
 
This security is denominated in Euro.
(4)
 
PIK: Payment-in-kind security for which part of the income earned may be paid as additional principal. PIK is on non-accrual.
 
(5)
 
Bond is currently in default.
 
(6)
 
Non-income
producing security.
 
See Accompanying Notes to Financial Statements.
 
20

Credit Suisse Asset Management Income Fund, Inc.
Schedule of Investments (continued)
December 31, 2025
 
 
(7)
 
Not readily marketable security; security is valued at fair value as determined in good faith by UBS Asset Management (Americas) LLC as the Fund’s valuation designee under the oversight of the Board of Directors (See Note
2-A).
 
(8)
 
Security is valued using significant unobservable inputs.
 
(9)
Illiquid security.
 
(10)
 
Variable rate obligation -The interest rate shown is the rate in effect as of December 31, 2025. The rate may be subject to a cap and floor.
 
(11)
 
Position is unsettled. Contract rate was not determined at December 31, 2025 and does not take effect until settlement.
 
(12)
 
This security is denominated in British Pound.
 
(13)
 
All or a portion is an unfunded loan commitment (See Note
2-J).
 
(14)
 
Security is held through holdings of 100 shares of the CIG Special Purpose SPC - Credit Suisse Asset Management Income Fund Segregated Portfolio, an affiliated entity.
 
(15)
 
Rate shown reflects yield at December 30, 2025.
 
(16)
 
Represents security purchased with cash collateral received for securities on loan.
Forward Foreign Currency Contracts
 
Forward
Currency to be
Purchased
    
Forward
Currency to be
Sold
    
Settlement
Date
    
Counterparty
  
Value on
Settlement Date
   
Current
Value/Notional
   
Unrealized
Appreciation
 
EUR
     50,254      USD      59,399        10/07/26      Deutsche Bank AG    $ 59,399     $ 59,707     $ 308  
USD
     2,210,804      EUR      1,852,077        10/07/26      Deutsche Bank AG      (2,210,804     (2,200,449     10,355  
                     
 
 
 
Total Unrealized Appreciation
 
  $ 10,663  
                     
 
 
 
Forward Foreign Currency Contracts
 
Forward
Currency to be
Purchased
    
Forward
Currency to be
Sold
    
Settlement
Date
    
Counterparty
  
Value on
Settlement Date
   
Current
Value/Notional
   
Unrealized
Depreciation
 
USD
     76,804      EUR      65,314        10/07/26      Barclays Bank PLC    $ (76,804   $ (77,600   $ (796
USD
     793,728      GBP      592,000        10/07/26      Deutsche Bank AG      (793,728     (795,509     (1,781
USD
     467,381      GBP      348,000        10/07/26      Morgan Stanley      (467,381     (467,630     (249
                     
 
 
 
Total Unrealized Depreciation
 
  $ (2,826
                     
 
 
 
Total Net Unrealized Appreciation/(Depreciation)
 
  $ 7,837  
                     
 
 
 
Currency Abbreviations:
EUR = Euro
GBP = British Pound
USD = United States Dollar
 
See Accompanying Notes to Financial Statements.
 
21

Credit Suisse Asset Management Income Fund, Inc.
Statement of Assets and Liabilities
December 31, 2025
 
 
Assets
  
Investments at value, including collateral for securities on loan of $16,281,992
(Cost $242,117,873) (Note 2)
  
$
  235,892,404
1
 
Foreign currency at value (Cost $832,729)
  
 
836,529
 
Interest receivable
  
 
3,836,609
 
Receivable for investments sold
  
 
915,013
 
Deferred offering costs (Note 7)
  
 
11,761
 
Unrealized appreciation on forward foreign currency contracts (Note 2)
  
 
10,663
 
Prepaid expenses and other assets
  
 
25,269
 
  
 
 
 
Total assets
  
 
241,528,248
 
  
 
 
 
Liabilities
  
Investment advisory fee payable (Note 3)
  
 
196,461
 
Administrative services fee payable
  
 
22,173
 
Loan payable (Note 4)
  
 
64,000,000
 
Payable upon return of securities loaned (Note 2)
  
 
16,281,992
 
Due to custodian
  
 
2,079,092
 
Payable for investments purchased
  
 
1,992,430
 
Interest payable (Note 4)
  
 
529,991
 
Unfunded loan commitments (Note 2)
  
 
137,173
 
Directors’ fee payable
  
 
60,723
 
Unrealized depreciation on forward foreign currency contracts (Note 2)
  
 
2,826
 
Commitment fees payable (Note 4)
  
 
12,990
 
Accrued expenses
  
 
185,762
 
  
 
 
 
Total liabilities
  
 
85,501,613
 
  
 
 
 
Net Assets
  
Applicable to 54,853,819 shares outstanding
  
$
156,026,635
 
  
 
 
 
Net Assets
  
Capital stock, $.001 par value (Note 6)
  
 
54,854
 
Paid-in
capital (Note 6)
  
 
195,562,670
 
Total distributable earnings (loss)
  
 
(39,590,889
  
 
 
 
Net assets
  
$
156,026,635
 
  
 
 
 
Net Asset Value Per Share
  
 
$2.84
 
  
 
 
 
Market Price Per Share
  
 
$2.83
 
  
 
 
 
 
 
1
 
Includes $15,958,962 of securities on loan.
 
See Accompanying Notes to Financial Statements.
 
22

Credit Suisse Asset Management Income Fund, Inc.
Statement of Operations
For the Year Ended December 31, 2025
 
 
Investment Income
  
Interest
  
$
17,653,426
 
Dividends
  
 
140,959
 
Securities lending (net of rebates)
  
 
74,532
 
  
 
 
 
Total investment income
  
 
17,868,917
 
  
 
 
 
Expenses
  
Investment advisory fees (Note 3)
  
 
790,268
 
Administrative services fees
  
 
76,080
 
Interest expense (Note 4)
  
 
3,276,786
 
Legal fees
  
 
422,819
 
Directors’ fees
  
 
271,055
 
Commitment fees (Note 4)
  
 
97,664
 
Printing fees
  
 
94,781
 
Audit and tax fees
  
 
82,833
 
Custodian fees
  
 
77,417
 
Transfer agent fees
  
 
58,730
 
Stock exchange listing fees
  
 
4,267
 
Insurance expense
  
 
4,257
 
Amortization of offering costs (Note 7)
  
 
647,278
 
Miscellaneous expense
  
 
12,113
 
  
 
 
 
Total expenses
  
 
5,916,348
 
  
 
 
 
Net investment income
  
 
11,952,569
 
  
 
 
 
Net Realized and Unrealized Gain (Loss) from Investments, Foreign Currency and Forward Foreign Currency Contracts
  
Net realized loss from investments
  
 
(2,709,089
Net realized loss from foreign currency transactions
  
 
(11,931
Net realized loss from forward foreign currency contracts
  
 
(111,077
Net change in unrealized appreciation (depreciation) from investments
  
 
(978,821
Net change in unrealized appreciation (depreciation) from foreign currency translations
  
 
3,590
 
Net change in unrealized appreciation (depreciation) from forward foreign currency contracts
  
 
(173,905
  
 
 
 
Net realized and unrealized loss from investments, foreign currency transactions and forward foreign currency contracts
  
 
(3,981,233
  
 
 
 
Net increase in net assets resulting from operations
  
$
7,971,336
 
  
 
 
 
 
See Accompanying Notes to Financial Statements.
 
23

Credit Suisse Asset Management Income Fund, Inc.
Statements of Changes in Net Assets
 
 
    
For the Year
Ended
 December 31, 2025 
    
For the Year
Ended
 December 31, 2024 
 
From Operations
     
Net investment income
  
$
11,952,569
 
  
$
13,245,221
 
Net realized loss from investments, foreign currency transactions and forward foreign currency contracts
  
 
(2,832,097
  
 
(3,128,338
Net change in unrealized appreciation (depreciation) from investments, foreign currency translations and forward foreign currency contracts
  
 
(1,149,136
  
 
4,865,930
 
  
 
 
    
 
 
 
Net increase in net assets resulting from operations
  
 
7,971,336
 
  
 
14,982,813
 
  
 
 
    
 
 
 
From Distributions
     
From distributable earnings
  
 
(12,420,712
  
 
(13,249,216
Return of capital
  
 
(2,382,127
  
 
(1,267,716
  
 
 
    
 
 
 
Net decrease in net assets resulting from distributions
  
 
(14,802,839
  
 
(14,516,932
  
 
 
    
 
 
 
From Capital Share Transactions
(Note 6)
     
Net proceeds from
at-the-market
offering (Note 7)
  
 
 
  
 
5,933,483
 
Reinvestment of distributions
  
 
138,452
 
  
 
165,706
 
  
 
 
    
 
 
 
Net increase (decrease) in net assets from capital share transactions
  
 
138,452
 
  
 
6,099,189
 
  
 
 
    
 
 
 
Net increase (decrease) in net assets
  
 
(6,693,051
  
 
6,565,070
 
Net Assets
     
Beginning of year
  
 
162,719,686
 
  
 
156,154,616
 
  
 
 
    
 
 
 
End of year
  
$
  156,026,635
 
  
$
  162,719,686
 
  
 
 
    
 
 
 
 
See Accompanying Notes to Financial Statements.
 
24

Credit Suisse Asset Management Income Fund, Inc.
Statement of Cash Flows
For the Year Ended December 31, 2025
 
 
Reconciliation of Net Increase in Net Assets from Operations to Net Cash Provided by Operating Activities
     
Net increase in net assets resulting from operations
     
$
  7,971,336
 
     
 
 
 
Adjustments to Reconcile Net Increase in Net Assets from Operations to Net Cash Provided by Operating Activities
     
Decrease in interest receivable
  
$
148,345
 
  
Increase in accrued expenses
  
 
86,802
 
  
Decrease in interest payable
  
 
(435,617
  
Decrease in commitment fees payable
  
 
(32,371
  
Decrease in prepaid expenses and other assets
  
 
35,701
 
  
Decrease in deferred offering costs
  
 
630,352
 
  
Increase in unfunded loan commitments
  
 
137,173
 
  
Decrease in advisory fees payable
  
 
(9,181
  
Net amortization of a premium or accretion of a discount on investments
  
 
(1,394,169
  
Purchases of long-term securities, net of change in payable for investments purchased
  
 
 (120,309,938
  
Sales of long-term securities, net of change in receivable for investments sold
  
 
117,797,790
 
  
Net proceeds from sales (purchases) of short-term securities
  
 
(2,098,835
  
Net change in unrealized (appreciation) depreciation from investments and forward foreign currency contracts
  
 
1,152,726
 
  
Net realized loss from investments
  
 
2,709,089
 
  
Total adjustments
     
 
(1,582,133
     
 
 
 
Net cash provided by operating activities
1
     
$
6,389,203
 
Cash Flows From Financing Activities
     
Borrowings on revolving credit facility
  
 
12,000,000
 
  
Repayments of credit facility
  
 
(5,000,000
  
Cash distributions paid
  
 
(14,664,387
  
  
 
 
    
Net cash used in financing activities
     
 
(7,664,387
     
 
 
 
Net decrease in cash
     
 
(1,275,184
Cash — beginning of year
     
 
32,621
 
     
 
 
 
Cash — end of year
     
$
(1,242,563
     
 
 
 
Non-Cash
Activity:
     
Issuance of shares through dividend reinvestments
     
$
138,452
 
     
 
 
 
 
 
 
1
 
Included in net cash provided by operating activities is cash of $3,712,403 paid for interest on borrowings.
 
See Accompanying Notes to Financial Statements.
 
25

Credit Suisse Asset Management Income Fund, Inc.
Financial Highlights
 
 
    
For the Year Ended December 31,
 
    
2025
    
2024
    
2023
    
2022
   
2021
 
Per share operating performance
             
Net asset value, beginning of year
  
$
2.97
 
  
$
2.96
 
  
$
2.73
 
  
$
3.43
 
 
$
3.42
 
  
 
 
    
 
 
    
 
 
    
 
 
   
 
 
 
INVESTMENT OPERATIONS
             
Net investment income
1
  
 
0.22
 
  
 
0.25
 
  
 
0.25
 
  
 
0.23
 
 
 
0.23
 
Net gain (loss) from investments, foreign currency transactions and forward foreign currency contracts(both realized and unrealized)
  
 
(0.08
  
 
0.03
 
  
 
0.25
 
  
 
(0.66
 
 
0.05
 
  
 
 
    
 
 
    
 
 
    
 
 
   
 
 
 
Total from investment activities
  
 
0.14
 
  
 
0.28
 
  
 
0.50
 
  
 
(0.43
 
 
0.28
 
  
 
 
    
 
 
    
 
 
    
 
 
   
 
 
 
LESS DIVIDENDS AND DISTRIBUTIONS
             
Dividends from net investment income
  
 
(0.23
  
 
(0.25
  
 
(0.25
  
 
(0.23
 
 
(0.24
Return of capital
  
 
(0.04
  
 
(0.02
  
 
(0.02
  
 
(0.04
 
 
(0.03
  
 
 
    
 
 
    
 
 
    
 
 
   
 
 
 
Total dividends and distributions
  
 
(0.27
  
 
(0.27
  
 
(0.27
  
 
(0.27
 
 
(0.27
  
 
 
    
 
 
    
 
 
    
 
 
   
 
 
 
Net asset value, end of year
  
$
2.84
 
  
$
2.97
 
  
$
2.96
 
  
$
2.73
 
 
$
3.43
 
  
 
 
    
 
 
    
 
 
    
 
 
   
 
 
 
Per share market value, end of year
  
$
2.83
 
  
$
2.89
 
  
$
3.13
 
  
$
2.52
 
 
$
3.43
 
  
 
 
    
 
 
    
 
 
    
 
 
   
 
 
 
TOTAL INVESTMENT RETURN 
2
             
Net asset value
  
 
4.96
  
 
9.86
  
 
19.65
  
 
(12.46
)% 
 
 
8.51
Market value
  
 
7.86
  
 
0.74
  
 
37.07
  
 
(19.19
)% 
 
 
17.82
RATIOS AND SUPPLEMENTAL DATA
             
Net assets, end of year (000s omitted)
  
$
156,027
 
  
$
162,720
 
  
$
156,155
 
  
$
143,914
 
 
$
179,614
 
Ratio of expenses to average net assets
  
 
3.70
  
 
2.96
  
 
3.10
  
 
1.91
 
 
1.07
Ratio of expenses to average net assets excluding interest expense
  
 
1.65
  
 
0.97
  
 
0.88
  
 
0.89
 
 
0.80
Ratio of net investment income to average net assets
  
 
7.48
  
 
8.28
  
 
8.79
  
 
7.79
 
 
6.70
Asset Coverage per $1,000 of Indebtedness
  
$
3,438
 
  
$
3,855
 
  
$
3,974
 
  
$
3,379
 
 
$
4,070
 
Outstanding senior securities (000s omitted)
  
$
64,000
 
  
$
57,000
 
  
$
52,500
 
  
$
60,500
 
 
$
58,500
 
Portfolio turnover rate
3
  
 
54
  
 
60
  
 
39
  
 
42
 
 
53
 
 
1
 
Per share information is calculated using the average shares outstanding method.
2
 
Total investment return at net asset value is based on changes in the net asset value of Fund shares and assumes reinvestment of distributions, if any, at actual prices pursuant to the Fund’s dividend reinvestment program. Total investment return at market value is based on changes in the market price at which the Fund’s shares traded on the stock exchange during the period and assumes reinvestment of distributions, if any, at actual prices pursuant to the Fund’s dividend reinvestment program. Because the Fund’s shares trade in the stock market based on investor demand, the Fund may trade at a price higher or lower than its NAV. Therefore, returns are calculated based on NAV and market price.
3
 
Portfolio turnover is calculated by dividing the lesser of total purchases or sales of portfolio securities for the reporting period by the monthly average of portfolio securities owned during the reporting period. Excluded from both the numerator and denominator are amounts relating to derivatives and securities whose maturities or expiration dates at the time of acquisition were one year or less.
 
See Accompanying Notes to Financial Statements.
 
26

Credit Suisse Asset Management Income Fund, Inc.
Financial Highlights
 
 
   
For the Year Ended December 31,
 
   
2020
   
2019
   
2018
   
2017
   
2016
 
Per share operating performance
         
Net asset value, beginning of year
 
$
3.48
 
 
$
3.21
 
 
$
3.58
 
 
$
3.48
 
 
$
3.21
 
 
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
INVESTMENT OPERATIONS
         
Net investment income
1
 
 
0.27
 
 
 
0.26
 
 
 
0.27
 
 
 
0.24
 
 
 
0.25
 
Net gain (loss) on investments, foreign currency transactions and forward foreign currency contracts (both realized and unrealized)
 
 
(0.06
 
 
0.28
 
 
 
(0.37
 
 
0.12
 
 
 
0.28
 
 
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Total from investment activities
 
 
0.21
 
 
 
0.54
 
 
 
(0.10
 
 
0.36
 
 
 
0.53
 
 
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
LESS DIVIDENDS AND DISTRIBUTIONS
         
Dividends from net investment income
 
 
(0.27
 
 
(0.27
 
 
(0.27
 
 
(0.24
 
 
(0.25
Return of capital
 
 
 
 
 
(0.00
)
2
 
 
 
 
 
 
(0.02
 
 
(0.01
 
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Total dividends and distributions
 
 
(0.27
 
 
(0.27
 
 
(0.27
 
 
(0.26
 
 
(0.26
 
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Net asset value, end of year
 
$
3.42
 
 
$
3.48
 
 
$
3.21
 
 
$
3.58
 
 
$
3.48
 
 
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Per share market value, end of year
 
$
3.15
 
 
$
3.22
 
 
$
2.77
 
 
$
3.31
 
 
$
3.16
 
 
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
TOTAL INVESTMENT RETURN 
3
         
Net asset value
 
 
8.08
 
 
18.17
 
 
(2.39
)% 
 
 
11.34
 
 
18.64
Market value
 
 
7.58
 
 
26.71
 
 
(8.89
)% 
 
 
13.37
 
 
24.39
RATIOS AND SUPPLEMENTAL DATA
         
Net assets, end of year (000s omitted)
 
$
178,641
 
 
$
182,030
 
 
$
167,897
 
 
$
187,472
 
 
$
182,019
 
Ratio of expenses to average net assets
 
 
1.25
 
 
1.92
 
 
1.82
 
 
1.06
 
 
0.74
Ratio of expenses to average net assets excluding interest expense
 
 
0.75
 
 
0.78
 
 
0.78
 
 
0.90
 
 
0.74
Ratio of net investment income to average net assets
 
 
8.55
 
 
7.59
 
 
7.83
 
 
6.75
 
 
7.66
Asset Coverage per $1,000 of Indebtedness
 
$
4,162
 
 
$
4,021
 
 
$
3,373
 
 
$
5,075
 
 
$
 
Outstanding senior securities (000s omitted)
 
$
56,500
 
 
$
60,250
 
 
$
70,750
 
 
$
46,000
 
 
$
 
Portfolio turnover rate
4
 
 
36
 
 
35
 
 
39
 
 
64
 
 
53
 
 
 
1
 
Per share information is calculated using the average shares outstanding method.
2
 
This amount represents less than $(0.01) per share.
3
 
Total investment return at net asset value is based on the change in the net asset value of Fund shares and assumes reinvestment of dividends and distributions, if any, at actual prices pursuant to the Fund’s dividend reinvestment program. Total investment return at market value is based on the change in the market price at which the Fund’s shares traded on the stock exchange during the period and assumes reinvestment of dividends and distributions, if any, at actual prices pursuant to the Fund’s dividend reinvestment program. Because the Fund’s shares trade in the stock market based on investor demand, the Fund may trade at a price higher or lower than its NAV. Therefore, returns are calculated based on NAV and share price.
4
 
Portfolio turnover is calculated by dividing the lesser of total purchases or sales of portfolio securities for the reporting period by the monthly average of portfolio securities owned during the reporting period. Excluded from both the numerator and denominator are amounts relating to derivatives and securities whose maturities or expiration dates at the time of acquisition were one year or less.
 
See Accompanying Notes to Financial Statements.
 
27

Credit Suisse Asset Management Income Fund, Inc.
Notes to Financial Statements
December 31, 2025
 
 
Note 1. Organization
Credit Suisse Asset Management Income Fund, Inc. (the “Fund”) was incorporated on February 11, 1987 and is registered as a diversified,
closed-end
management investment company under the Investment Company Act of 1940, as amended (the “1940 Act”). The investment objective of the Fund is to provide current income consistent with the preservation of capital.
UBS Asset Management (Americas) LLC (“UBS AM (Americas)” or the “Adviser”), the investment adviser to the Fund, is registered as an investment adviser with the Securities and Exchange Commission (“SEC”) and as a Commodity Pool Operator with the Commodity Futures Trading Commission. UBS AM (Americas) is an indirect wholly owned subsidiary of UBS Group AG. UBS Group AG is an internationally diversified organization with headquarters in Zurich, Switzerland. UBS Group AG operates in many areas of the financial services industry.
The Fund adopted Financial Accounting Standards Board (“FASB”) Accounting Standards Update
2023-07,
Segment Reporting
(“Topic 280”) — Improvements to Reportable Segment Disclosures
(“ASU
2023-07”).
Adoption of the new standard impacted financial statement disclosures only and did not affect the Fund’s financial position or the results of its operations. An operating segment is defined in Topic 280 as a component of a public entity that engages in business activities from which it may recognize revenues and incur expenses, has operating results that are regularly reviewed by the public entity’s chief operating decision maker (“CODM”) to make decisions about resources to be allocated to the segment and assess its performance, and has discrete financial information available. The Fund’s portfolio management team acts as the Fund’s CODM. The Fund represents a single operating segment, as the CODM monitors the operating results of the Fund as a whole and the Fund’s long-term strategic asset allocation is predetermined in accordance with the Fund’s single investment objective which is executed by the Fund’s portfolio managers as a team. The financial information in the form of the Fund’s portfolio composition, total returns, expense ratios and changes in net assets (i.e., changes in net assets resulting from operations, subscriptions and redemptions) which are used by the CODM to assess the Segment’s performance versus the Fund’s comparative benchmarks and to make resource allocation decisions for the Fund’s single segment, is consistent with that presented within the Fund’s financial statements. Segment assets are reflected on the accompanying statement of assets and liabilities as “total assets” and significant segment expenses are listed on the accompanying statement of operations.
Note 2. Significant Accounting Policies
The following is a summary of significant accounting policies followed by the Fund in the preparation of its financial statements. The policies are in accordance with generally accepted accounting principles in the United States of America (“GAAP”). The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts and disclosures in the financial statements. Actual results could differ from those estimates. The Fund is considered an investment company for financial reporting purposes under GAAP and follows the accounting and reporting guidance in FASB Accounting Standards Codification (“ASC”) Topic 946 —
Financial Services — Investment Companies.
A) SECURITY VALUATION — The Board of Directors (the “Board”) is responsible for the Fund’s valuation process. The Board has delegated the supervision of the daily valuation process to the Adviser, who has established a Pricing Committee and a Pricing Group, which, pursuant to the policies adopted by the Board, are responsible for making fair valuation determinations and overseeing the Fund’s pricing policies. The net asset value (“NAV”) of the Fund is determined daily as of the close of regular trading (normally 4:00 p.m. Eastern Time) on the New York Stock Exchange, Inc. (the “Exchange”) on each day the Exchange is open for business. The valuations for fixed income securities (which may include, but are not limited to, corporate, government,
 
28

Credit Suisse Asset Management Income Fund, Inc.
Notes to Financial Statements (continued)
December 31, 2025
 
 
Note 2. Significant Accounting Policies
 (continued)
 
municipal, mortgage-backed, collateralized mortgage obligations and asset-backed securities) and certain derivative instruments are typically the prices supplied by independent third party pricing services, which may use market prices or broker/dealer quotations or a variety of valuation techniques and methodologies. The independent third party pricing services use inputs that are observable such as issuer details, interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates and quoted prices for similar securities. These pricing services generally price fixed income securities assuming orderly transactions of an institutional “round lot” size, but some trades occur in smaller “odd lot” sizes which may be effected at lower prices than institutional round lot trades. Structured note agreements are valued in accordance with a dealer-supplied valuation based on changes in the value of the underlying index. Futures contracts are valued daily at the settlement price established by the board of trade or exchange on which they are traded. Forward contracts are valued at the London closing spot rates and the London closing forward point rates on a daily basis. The currency forward contract pricing model derives the differential in point rates to the expiration date of the forward and calculates its present value. Equity securities for which market quotations are available are valued at the last reported sales price or official closing price on the primary market or exchange on which they trade. Investments in open-ended mutual funds are valued at the NAV as reported on each business day and under normal circumstances. Securities for which market quotations are not readily available are valued at their fair value as determined in good faith by the Adviser, as the Board’s valuation designee (as defined in Rule
2a-5
under the 1940 Act), in accordance with the Adviser’s procedures. The Board oversees the Adviser in its role as valuation designee in accordance with the requirements of Rule
2a-5
under the 1940 Act. The Fund may utilize a service provided by an independent third party to fair value certain securities. When fair value pricing is employed, the prices of securities used by the Fund to calculate its NAV may differ from quoted or published prices for the same securities. If independent third party pricing services are unable to supply prices for a portfolio investment, or if the prices supplied are deemed by the Adviser to be unreliable, the market price may be determined by the Adviser using quotations from one or more brokers/dealers or at the transaction price if the security has recently been purchased and no value has yet been obtained from a pricing service or pricing broker. When reliable prices are not readily available, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded, but before the Fund calculates its NAV, these securities will be fair valued in good faith by the Pricing Group, in accordance with procedures established by the Adviser.
The Fund uses valuation techniques to measure fair value that are consistent with the market approach and/or income approach, depending on the type of security and the particular circumstance. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable securities. The income approach uses valuation techniques to discount estimated future cash flows to present value.
GAAP established a disclosure hierarchy that categorizes the inputs to valuation techniques used to value assets and liabilities at each measurement date. These inputs are summarized in the three broad levels listed below:
 
   
Level 1 — quoted prices in active markets for identical investments
 
   
Level 2 — other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)
 
   
Level 3 — significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)
 
29

Credit Suisse Asset Management Income Fund, Inc.
Notes to Financial Statements (continued)
December 31, 2025
 
 
Note 2. Significant Accounting Policies
 (continued)
 
The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.
The following is a summary of the inputs used as of December 31, 2025 in valuing the Fund’s assets and liabilities carried at fair value:
 
Assets
  
Level 1
    
Level 2
    
Level 3
    
Total
 
Investments in Securities
           
Corporate Bonds
   $      $ 176,515,112      $ 28,839      $ 176,543,951  
Bank Loans
            24,542,080        3,028,017
1
       27,570,097  
Asset Backed Securities
            9,374,605               9,374,605  
Common Stocks
            1,172,314        152,125
1
       1,324,439  
Warrants
                   0
1
       0  
Short-term Investments
     21,079,312                      21,079,312  
  
 
 
    
 
 
    
 
 
    
 
 
 
   $ 21,079,312      $ 211,604,111      $ 3,208,981      $ 235,892,404  
  
 
 
    
 
 
    
 
 
    
 
 
 
Other Financial Instruments*
           
Forward Foreign Currency Contracts
   $      $ 10,663      $      $ 10,663  
  
 
 
    
 
 
    
 
 
    
 
 
 
Liabilities
                           
Other Financial Instruments*
           
Forward Foreign Currency Contracts
   $      $ 2,826      $      $ 2,826  
  
 
 
    
 
 
    
 
 
    
 
 
 
 
 
1
 
Included a zero valued security.
  *
Other financial instruments include unrealized appreciation (depreciation) on forward foreign currency contracts.
The following is a reconciliation of investments as of December 31, 2025 for which significant unobservable inputs were used in determining fair value.
 
    
Corporate
Bonds
    
Bank
Loans
    
Common
Stocks
    
Warrants
   
Total
 
Balance as of December 31, 2024
   $ 202,210      $ 4,940,122      $ 2,117      $ 0
(1)
 
  $ 5,144,449  
Accrued discounts (premiums)
            54,214                     54,214  
Purchases
            1,916,077        203,863              2,119,940  
Sales
     (20,937      (2,387,142                   (2,408,079
Realized gain (loss)
            (122,538                   (122,538
Change in unrealized appreciation (depreciation)
     (152,434      (174,290      (53,855            (380,579
Transfers into Level 3
            207,923                     207,923  
Transfers out of Level 3
            (1,406,349                   (1,406,349
  
 
 
    
 
 
    
 
 
    
 
 
   
 
 
 
Balance as of December 31, 2025
   $ 28,839      $ 3,028,017      $ 152,125      $ 0
(1)
 
  $ 3,208,981  
  
 
 
    
 
 
    
 
 
    
 
 
   
 
 
 
Net change in unrealized appreciation (depreciation) from investments still held as of December 31, 2025
   $ (153,535    $ (158,555    $ (53,854    $     $ (365,944
 
 
(1)
Includes a zero valued security.
 
 
30

Credit Suisse Asset Management Income Fund, Inc.
Notes to Financial Statements (continued)
December 31, 2025
 
 
Note 2. Significant Accounting Policies
 (continued)
 
 
Quantitative Disclosure About Significant Unobservable Inputs
 
Asset Class
  
Fair Value
At December 31, 2025
    
Valuation
Technique
    
Unobservable Input
    
Price Range
(Weighted Average)*
 
Bank Loans
   $ 3,028,017        Vendor pricing        Single Broker Quote      $
0.07 - $1.01 ($0.92)
 
     0        Income Approach        Expected Remaining Distribution        0.00 (N/A)  
Corporate Bonds
     28,839        Income Approach        Expected Remaining Distribution        0.00 – 0.52 (0.52)  
Common Stocks
     150,009        Vendor pricing        Single Broker Quote       
0.00 - 10.00 (8.68)
 
     2,116        Income Approach        Expected Remaining Distribution       
0.00 - 1.48 (0.84)
 
Warrant
     0        Income Approach        Expected Remaining Distribution        0.00 (N/A)  
 
*
Weighted by relative fair value
Each fair value determination is based on a consideration of relevant factors, including both observable and unobservable inputs. Observable and unobservable inputs that UBS AM (Americas) considers may include (i) information obtained from the company, which may include an analysis of the company’s financial statements, the company’s products or intended markets or the company’s technologies; (ii) the price of the same or similar security negotiated at arm’s length in an issuer’s completed subsequent round of financing; (iii) the price and extent of public trading in similar securities of the issuer or of comparable companies; or (iv) a probability and time value adjusted analysis of contractual term. Where available and appropriate, multiple valuation methodologies are applied to confirm fair value. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, determining fair value requires more judgment. Because of the inherent uncertainty of valuation, those estimated values may be materially higher or lower than the values that would have been used had a ready market for the investments existed. Accordingly, the degree of judgment exercised by the Fund in determining fair value is greatest for investments categorized in Level 3. In some circumstances, the inputs used to measure fair value might be categorized within different levels of the fair value hierarchy. In those instances, the fair value measurement is categorized in its entirety in the fair value hierarchy based on the least observable input that is significant to the fair value measurement. Additionally, changes in the market environment and other events that may occur over the life of the investments may cause the gains or losses ultimately realized on these investments to be different from the valuations used at the date of these financial statements.
For the year ended December 31, 2025, $207,923 was transferred from Level 2 to Level 3 due to a lack of a pricing source supported by observable inputs and $1,406,349 was transferred from Level 3 to Level 2 as a result of the availability of a pricing source supported by observable inputs. All transfers, if any, are assumed to occur at the end of the reporting period.
B) DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES — The Fund adopted amendments to authoritative guidance on disclosures about derivative instruments and hedging activities which require that a fund disclose (a) how and why an entity uses derivative instruments, (b) how derivative instruments and hedging activities are accounted for and (c) how derivative instruments and related hedging activities affect a fund’s financial position, financial performance and cash flows.
The following table presents the fair value and the location of derivatives within the Statement of Assets and Liabilities at December 31, 2025 and the effect of these derivatives on the Statement of Operations for the year ended December 31, 2025.
 
31

Credit Suisse Asset Management Income Fund, Inc.
Notes to Financial Statements (continued)
December 31, 2025
 
 
Note 2. Significant Accounting Policies
 (continued)
 
Primary Underlying Risk
  
Derivative
Assets
    
Derivative
Liabilities
    
Net Realized
Gain
(Loss)
    
Net Change in
Unrealized
Appreciation
(Depreciation)
 
Foreign currency exchange rate contracts
   $ 10,663      $ 2,826      $ (111,077    $ (173,905
  
 
 
    
 
 
    
 
 
    
 
 
 
For the year ended December 31, 2025, the Fund held an average monthly value on a net basis of $3,934,031 in forward foreign currency contracts.
The Fund is a party to International Swap and Derivatives Association, Inc. (“ISDA”) Master Agreements (“Master Agreements”) with certain counterparties that govern
over-the-counter
derivative (including total return, credit default and interest rate swaps) and foreign exchange contracts entered into by the Fund. The Master Agreements may contain provisions regarding, among other things, the parties’ general obligations, representations, agreements, collateral requirements, events of default and early termination. Termination events applicable to the Fund may occur upon a decline in the Fund’s net assets below a specified threshold over a certain period of time.
The following table presents by counterparty the Fund’s derivative assets, net of related collateral held by the Fund, at December 31, 2025:
 
Counterparty
  
Gross Amount of Derivative
Assets Presented in the
Statement of Assets
and Liabilities
(a)
    
Financial
Instruments
and Derivatives
Available for Offset
    
Non-Cash

Collateral
Received
    
Cash
Collateral
Received
    
Net Amount
of Derivative
Assets
 
Deutsche Bank AG
   $ 10,663      $ (1,781    $      $      $ 8,882  
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
The following table presents by counterparty the Fund’s derivative liabilities, net of related collateral pledged by the Fund, at December 31, 2025:
 
Counterparty
  
Gross Amount of Derivative
Liabilities Presented in the
Statement of Assets
and Liabilities
(a)
    
Financial
Instruments
and Derivatives
Available for Offset
    
Non-Cash

Collateral
Pledged
    
Cash
Collateral
Pledged
    
Net Amount
of Derivative
Liabilities
 
Barclays Bank PLC
   $ 796      $      $      $      $ 796  
Deutsche Bank AG
     1,781        (1,781                     
Morgan Stanley
     249                             249  
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
   $ 2,826      $ (1,781    $      $      $ 1,045  
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
 
 
(a)
 
Forward foreign currency contracts are included.
C) FOREIGN CURRENCY TRANSACTIONS — The books and records of the Fund are maintained in U.S. dollars. Transactions denominated in foreign currencies are recorded at the current prevailing exchange rates. All assets and liabilities denominated in foreign currencies, including purchases and sales of investments, and income and expenses, are translated into U.S. dollar amounts on the date of those transactions.
Reported net realized gain (loss) from foreign currency transactions arises from sales of foreign currencies; currency gains or losses realized between the trade and settlement dates on securities transactions; and the difference between the amounts of dividends, interest, and foreign withholding taxes recorded on the Fund’s books and the U.S. dollar equivalent of the amounts actually received or paid. Net change in unrealized gains and losses on translation of assets and liabilities denominated in foreign currencies arises from changes in the fair values of assets and liabilities, other than investments, at the end of the period, resulting from changes in exchange rates.
 
32

Credit Suisse Asset Management Income Fund, Inc.
Notes to Financial Statements (continued)
December 31, 2025
 
 
Note 2. Significant Accounting Policies
 (continued)
 
The Fund does not isolate that portion of the results of operations resulting from fluctuations in foreign exchange rates on investments from the fluctuations arising from changes in market prices of investments held. Such fluctuations are included with net realized and unrealized gain or loss from investments in the Statement of Operations.
D) SECURITY TRANSACTIONS AND INVESTMENT INCOME/EXPENSE — Security transactions are accounted for on a trade date basis. Interest income/expense is recorded on the accrual basis. The Fund amortizes premiums and accretes discounts using the effective interest method. Dividend income/expense is recorded on the
ex-dividend
date. The cost of investments sold is determined by use of the specific identification method for both financial reporting and income tax purposes. To the extent any issuer defaults or a credit event occurs that impacts the issuer, the Fund may halt any additional interest income accruals and consider the realizability of interest accrued up to the date of default or credit event.
E) DIVIDENDS AND DISTRIBUTIONS TO SHAREHOLDERS — The Fund declares and pays dividends on a monthly basis. Distributions of net realized capital gains, if any, are declared and paid at least annually. However, to the extent that a net realized capital gain can be reduced by a capital loss carryforward, such gain will not be distributed. Dividends and distributions to shareholders of the Fund are recorded on the
ex-dividend
date and are determined in accordance with federal income tax regulations, which may differ from GAAP.
The Fund’s dividend policy is to distribute substantially all of its net investment income to its shareholders on a monthly basis. However, in order to provide shareholders with a more consistent yield to the current trading price of shares of common stock of the Fund, the Fund may at times pay out less than the entire amount of net investment income earned in any particular month and may at times in any month pay out such accumulated but undistributed income in addition to net investment income earned in that month. As a result, the dividends paid by the Fund for any particular month may be more or less than the amount of net investment income earned by the Fund during such month.
F) FEDERAL AND OTHER TAXES — No provision is made for federal taxes as it is the Fund’s intention to continue to qualify as a regulated investment company (“RIC”) under the Internal Revenue Code of 1986, as amended (the “Code”), and to make the requisite distributions to its shareholders, which will be sufficient to relieve it from federal income and excise taxes.
In order to qualify as a RIC under the Code, the Fund must meet certain requirements regarding the source of its income, the diversification of its assets and the distribution of its income. One of these requirements is that the Fund derive at least 90% of its gross income for each taxable year from dividends, interest, payments with respect to certain securities loans, gains from the sale or other disposition of stock, securities or foreign currencies, other income derived with respect to its business of investing in such stock, securities or currencies or net income derived from interests in certain publicly-traded partnerships (“Qualifying Income”).
The Fund adopted the authoritative guidance for uncertainty in income taxes and recognizes a tax benefit or liability from an uncertain position only if it is more likely than not that the position is sustainable based solely on its technical merits and consideration of the relevant taxing authority’s widely understood administrative practices and procedures.
The Fund has reviewed its current tax positions and has determined that no provision for income tax is required in the Fund’s financial statements. The Fund’s federal and state income and federal excise tax returns for each of the tax years in the four year period ended December 31, 2025, for which the applicable statutes of limitations have not expired are subject to examination by the Internal Revenue Service and state departments of revenue.
 
33

Credit Suisse Asset Management Income Fund, Inc.
Notes to Financial Statements (continued)
December 31, 2025
 
 
Note 2. Significant Accounting Policies
 (continued)
 
G) CASH — The Fund’s uninvested cash balance is held in an interest bearing variable rate demand deposit account at State Street Bank and Trust Company (“SSB”), the Fund’s custodian.
H) CASH FLOW INFORMATION — Cash, as used in the Statement of Cash Flows, is the amount reported in the Statement of Assets and Liabilities, including domestic and foreign currencies. The Fund invests in securities and distributes dividends from net investment income and net realized gains, if any (which are either paid in cash or reinvested at the discretion of shareholders). These activities are reported in the Statement of Changes in Net Assets. Information on cash payments is presented in the Statement of Cash Flows. Accounting practices that do not affect reporting activities on a cash basis include unrealized gain or loss on investment securities and accretion or amortization income/expense recognized on investment securities.
I) FORWARD FOREIGN CURRENCY CONTRACTS — A forward foreign currency exchange contract (“forward currency contract”) is a commitment to purchase or sell a foreign currency at the settlement date at a negotiated rate. The Fund will enter into forward currency contracts solely for hedging other appropriate risk management purposes as defined in regulations of the Commodities Futures Trading Commission. Forward currency contracts are valued at the prevailing forward exchange rate of the underlying currencies and unrealized gain/loss is recorded daily. On the settlement date of the forward currency contract, the Fund records a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value of the contract at the time it was closed. Certain risks may arise upon entering into forward currency contracts from the potential inability of counterparties to meet the terms of their contracts. The maximum counterparty credit risk to the Fund is measured by the unrealized gain on appreciated contracts. Additionally, when utilizing forward currency contracts to hedge, the Fund forgoes the opportunity to profit from favorable exchange rate movements during the term of the contract. The Fund’s open forward currency contracts at December 31, 2025 are disclosed in the Schedule of Investments.
J) UNFUNDED LOAN COMMITMENTS — The Fund enters into certain agreements, all or a portion of which may be unfunded. The Fund is obligated to fund these loan commitments at the borrowers’ discretion. Funded and unfunded portions of credit agreements are presented in the Schedule of Investments. As of December 31, 2025, unfunded commitments were as follows:
 
Borrower
  
Maturity
    
Rate
   
Unfunded

Commitment
 
Allied Benefit Systems Intermediate LLC
     10/31/30        1.000   $ 137,173  
Unfunded loan commitments and funded portions of credit agreements are marked to market daily and any unrealized appreciation or depreciation is included in the Statement of Assets and Liabilities and the Statement of Operations.
K) SECURITIES LENDING — The initial collateral received by the Fund is required to have a value of at least 102% of the market value of domestic securities on loan (including any accrued interest thereon) and 105% of the market value of foreign securities on loan (including any accrued interest thereon). The collateral is maintained thereafter at a value equal to at least 102% of the current market value of the securities on loan. The market value of loaned securities is determined at the close of each business day of the Fund and any additional required collateral is delivered to the Fund, or excess collateral returned by the Fund, on the next business day. Cash collateral received by the Fund in connection with securities lending activity may be pooled together with cash collateral for other funds/portfolios advised by UBS AM (Americas) and may be invested in a variety of investments, including funds advised by SSB or an affiliate, the Fund’s securities lending agent, or money market instruments. However, in the event of default or bankruptcy by the other party to the agreement, realization and/or retention of the collateral may be subject to legal proceedings. The remaining maturities of the securities
 
34

Credit Suisse Asset Management Income Fund, Inc.
Notes to Financial Statements (continued)
December 31, 2025
 
 
Note 2. Significant Accounting Policies
 (continued)
 
lending transactions are considered overnight and continuous. Loans are subject to termination by the Fund or the borrower at any time.
SSB has been engaged by the Fund to act as the Fund’s securities lending agent. As of December 31, 2025, the Fund had outstanding loans of securities to certain approved brokers for which the Fund received collateral:
 
Market Value of Loaned
Securities
   
Market Value of Cash
Collateral
 
$ 15,958,962     $ 16,281,992  
The following table presents financial instruments that are subject to enforceable netting arrangements as of December 31, 2025.
Gross Amounts Not Offset in the Statement of Assets and Liabilities
 
Gross Asset Amounts Presented
in the Statement of Assets and
Liabilities
(a)
   
Collateral Received
(b)
   
Net Amount
 
$ 15,958,962     $ (15,958,962   $  
 
 
(a)
 
Represents market value of loaned securities at year end.
 
(b)
 
The actual collateral received is greater than the amount shown here due to collateral requirements of the security lending agreement.
The Fund’s securities lending arrangement provides that the Fund and SSB will share the net income earned from securities lending activities. Securities lending income is accrued as earned. For the year ended December 31, 2025, total earnings received in connection with securities lending arrangements was $685,683, of which $587,012 was rebated to borrowers (brokers). The Fund retained $74,532 in income, and SSB, as lending agent, was paid $24,139.
L) OTHER — Lower-rated debt securities (commonly known as “junk bonds”) possess speculative characteristics and are subject to greater market fluctuations and risk of lost income and principal than higher-rated debt securities for a variety of reasons. Also, during an economic downturn or substantial period of rising interest rates, highly leveraged issuers may experience financial stress which would adversely affect their ability to service their principal and interest payment obligations, to meet projected business goals and to obtain additional financing.
In the normal course of business, the Fund trades financial instruments and enters into financial transactions for which risk of potential loss exists due to changes in the market (market risk) or failure of the other party to a transaction to perform (credit risk). Similar to credit risk, the Fund may be exposed to counterparty risk, including with respect to securities lending, or the risk that an institution or other entity with which the Fund has unsettled or open transactions will default. The potential loss could exceed the value of the financial assets recorded in the financial statements. Financial assets, which potentially expose the Fund to credit risk, consist principally of cash due from counterparties and investments. The extent of the Fund’s exposure to credit and counterparty risks in respect to these financial assets approximates their carrying value as recorded in the Fund’s Statement of Assets and Liabilities.
In addition, periods of economic uncertainty and changes can be expected to result in increased volatility of market prices of lower-rated debt securities and the Fund’s NAV.
 
35

Credit Suisse Asset Management Income Fund, Inc.
Notes to Financial Statements (continued)
December 31, 2025
 
 
Note 3. Transactions with Affiliates and Related Parties
UBS AM (Americas) serves as investment adviser for the Fund. For its investment advisory services, UBS AM (Americas) is entitled to receive a fee from the Fund at a rate per annum, computed weekly and paid quarterly as follows: 0.50% of an average weekly base amount which, with respect to each quarter, is the average of the lower of (i) the stock price (market value) of the Fund’s outstanding shares and (ii) the Fund’s net assets, in each case determined as of the last trading day for each week during the relevant quarter. For the year ended December 31, 2025, investment advisory fees earned were $790,268.
The Fund from time to time purchases or sells loan investments in the secondary market through UBS AM (Americas) or its affiliates acting in the capacity as broker-dealer. UBS AM (Americas) or its affiliates may have acted in some type of agent capacity to the initial loan offering prior to such loan trading in the secondary market.
Note 4. Line of Credit
The Fund has a line of credit subject to annual renewal provided by SSB primarily to leverage its investment portfolio (the “Agreement”). The Fund may borrow the lesser of: a) $85,000,000; b) an amount that is no greater than 33 1/3% of the Fund’s total assets minus the sum of liabilities (other than aggregate indebtedness constituting leverage); and c) the Borrowing Base as defined in the Agreement. Under the terms of the Agreement, the Fund pays a commitment fee of 0.25% on the unused amount. In addition, the Fund pays interest on borrowings at a designated reference rate plus a spread. At December 31, 2025, the Fund had loans outstanding under the Agreement of $64,000,000. Unless renewed, the Agreement will terminate on June 3, 2026. During the year ended December 31, 2025, the Fund had borrowings under the Agreement as follows:
 
Average Daily
Loan Balance
   
Weighted Average
Interest Rate %
   
Maximum Daily Loan
Outstanding
   
Interest
Expense
   
Number of Days
Outstanding
 
$ 62,506,849       5.168   $ 69,000,000     $ 3,276,786       365  
The use of leverage by the Fund creates an opportunity for increased net income and capital appreciation for the Fund, but, at the same time, creates special risks, and there can be no assurance that a leveraging strategy will be successful during any period in which it is employed. The Fund intends to utilize leverage to provide the shareholders with a potentially higher return. Leverage creates risks for shareholders including the likelihood of greater volatility of NAV and market price of the Fund’s shares and the risk that fluctuations in interest rates on borrowings and short-term debt may affect the return to shareholders. To the extent the income or capital appreciation derived from securities purchased with funds received from leverage exceeds the cost of leverage, the Fund’s return will be greater than if leverage had not been used. Conversely, if the income or capital appreciation from the securities purchased with such funds is not sufficient to cover the cost of leverage, the return to the Fund will be less than if leverage had not been used, and therefore the amount available for distribution to shareholders as dividends and other distributions will be reduced. In the latter case, UBS AM (Americas) in its best judgment nevertheless may determine to maintain the Fund’s leveraged position if it deems such action to be appropriate under the circumstances.
Certain types of borrowings by the Fund may result in the Fund being subject to covenants in credit agreements, including those relating to asset coverage and portfolio composition requirements. The securities held by the Fund are subject to a lien granted to the lender, to the extent of the borrowing outstanding and any additional expenses. The Fund’s lenders may establish guidelines for borrowing which may impose asset
 
36

Credit Suisse Asset Management Income Fund, Inc.
Notes to Financial Statements (continued)
December 31, 2025
 
 
Note 4. Line of Credit
 (continued)
 
coverage or portfolio composition requirements that are more stringent than those imposed by the 1940 Act. There is no guarantee that the Fund’s borrowing arrangements or other arrangements for obtaining leverage will continue to be available, or if available, will be available on terms and conditions acceptable to the Fund. Expiration or termination of available financing for leveraged positions can result in adverse effects to the Fund’s access to liquidity and its ability to maintain leverage positions, and may cause the Fund to incur losses. Unfavorable economic conditions also could increase funding costs, limit access to the capital markets or result in a decision by lenders not to extend credit to the Fund. In addition, a decline in market value of the Fund’s assets may have particular adverse consequences in instances where the Fund has borrowed money based on the market value of those assets. A decrease in market value of those assets may result in the lender requiring the Fund to sell assets at a time when it may not be in the Fund’s best interest to do so.
Note 5. Purchases and Sales of Securities
For the year ended December 31, 2025, purchases and sales of investment securities and U.S. Government and Agency Obligations (excluding short-term investments) were as follows:
 
Investment Securities
   
U.S. Government/

Agency Obligations
 
Purchases
   
Sales
   
Purchases
   
Sales
 
$ 119,823,727     $ 117,753,869     $ 0     $ 0  
Note 6. Fund Shares
The Fund offers a Dividend Reinvestment and Cash Purchase Plan (the “Plan”) to its common stockholders. By participating in the Plan, dividends and distributions will be promptly paid to stockholders in additional shares of common stock of the Fund. The number of shares to be issued will be determined by dividing the total amount of the distribution payable by the greater of (i) the NAV of the Fund’s common stock on the payment date, or (ii) 95% of the market price per share of the Fund’s common stock on the payment date. If the NAV of the Fund’s common stock is greater than the market price (plus estimated brokerage commissions) on the payment date, Computershare Trust Company, N.A. (“Computershare”) (or a broker-dealer selected by Computershare) shall endeavor to apply the amount of such distribution to purchase shares of Fund common stock in the open market.
The Fund has one class of shares of common stock, par value $0.001 per share; one hundred million shares are authorized. Transactions in shares of beneficial interest of the Fund were as follows:
 
    
For the Year Ended
December 31, 2025
    
For the Year Ended
December 31, 2024
 
Shares issued through
at-the-market
offerings
            1,966,284  
Shares issued through reinvestment of dividends
     47,579        55,585  
  
 
 
    
 
 
 
Net increase
     47,579        2,021,869  
  
 
 
    
 
 
 
Note 7. Shelf Offering
The Fund had an effective “shelf” registration statement during the reporting period, which became effective with the SEC on November 17, 2021. The Fund filed a new shelf registration statement on November 14, 2024 to permit the Fund to continue to make offerings under the prior shelf registration statement until the earlier of (i) the effective date of the new shelf registration statement and (ii) 180 days after the third anniversary of the initial effective date of the prior shelf registration statement. The Fund’s new shelf registration statement has not
 
37

Credit Suisse Asset Management Income Fund, Inc.
Notes to Financial Statements (continued)
December 31, 2025
 
 
Note 7. Shelf Offering
 (continued)
yet been declared effective, and its prior shelf registration statement expired on May 16, 2025. The shelf registration statement enabled the Fund to issue up to $250,000,000 in proceeds through one or more public offerings. Shares may be offered at prices and terms to be set forth in one or more supplements to the Fund’s prospectus included in the shelf registration statement. On November 19, 2021, the Fund filed a prospectus supplement relating to an
at-the-market
offering of the Fund’s shares of common stock. Any proceeds raised through such offering was used for investment purposes. For the year ended December 31, 2025, no common shares of beneficial interest were issued in the shelf offering.
Costs incurred by the Fund in connection with its shelf registration statement and prospectus supplement were recorded as a prepaid expense and recognized as “Deferred offering costs” on the Statement of Assets and Liabilities. These costs were amortized pro rata as common shares are sold and were recognized as a component of proceeds from the shelf offering on the Statement of Changes in Net Assets. The deferred offering costs remaining after the effectiveness of the shelf registration statement were expensed. Deferred offering costs expensed at the shelf’s expiration during the year ended December 31, 2025 were $647,278.
Note 8. Income Tax Information and Distributions to Shareholders
Income and capital gain distributions are determined in accordance with federal income tax regulations, which may differ from GAAP.
The tax character of dividends paid by the Fund during the fiscal years ended December 31, 2025 and 2024, respectively, was as follows:
 
Ordinary Income
   
Return of Capital
 
2025
   
2024
   
2025
   
2024
 
$ 12,420,712     $ 13,249,216     $ 2,382,127     $ 1,267,716  
The tax basis components of distributable earnings differ from book basis by temporary book/tax differences. These differences are primarily due to differing treatments of wash sales, forward contracts marked to market, premium amortization accruals, passive foreign investment companies, interest income written off, and defaulted bond income accruals.
At December 31, 2025, the components of distributable earnings on a tax basis were as follows:
 
Accumulated net realized loss
   $ (33,037,229
Unrealized depreciation
     (6,326,948
Other temporary differences
     (226,712
  
 
 
 
   $ (39,590,889
  
 
 
 
At December 31, 2025, the Fund had $1,080,062 of unlimited short-term capital loss carryforwards and $31,957,167 of unlimited long-term capital loss carryforwards available to offset possible future capital gains.
The fund did not utilize any capital loss carryforwards during the year.
 
38

Credit Suisse Asset Management Income Fund, Inc.
Notes to Financial Statements (continued)
December 31, 2025
 
 
Note 8. Income Tax Information and Distributions to Shareholders 
(continued)
 
At December 31, 2025, the cost and net unrealized appreciation (depreciation) of investments and derivatives for income tax purposes were as follows:
 
Cost of Investments
   $ 242,222,386  
  
 
 
 
Unrealized appreciation
   $ 5,336,105  
Unrealized depreciation
     (11,666,087)  
  
 
 
 
Net unrealized appreciation (depreciation)
   $ (6,329,982)  
  
 
 
 
Note 9. Contingencies
In the normal course of business, the Fund may provide general indemnifications pursuant to certain contracts and organizational documents. The Fund’s maximum exposure under these arrangements is dependent on future claims that may be made against the Fund and, therefore, cannot be estimated; however, based on experience, the risk of loss from such claims is considered remote.
Note 10. Subsequent Events
In preparing the financial statements as of December 31, 2025, management considered the impact of subsequent events for potential recognition or disclosure in these financial statements through the date of release of this report. No such events requiring recognition or disclosure were identified through the date of the release of this report.
 
39

Credit Suisse Asset Management Income Fund, Inc.
Report of Independent Registered Public Accounting Firm
 
 
To the Shareholders and the Board of Directors of Credit Suisse Asset Management Income Fund, Inc.
Opinion on the Financial Statements
We have audited the accompanying statement of assets and liabilities of Credit Suisse Asset Management Income Fund, Inc. (the “Fund”), including the schedule of investments, as of December 31, 2025, and the related statements of operations and cash flows for the year then ended, the changes in net assets and the financial highlights for each of the two years in the period then ended and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Fund at December 31, 2025, the results of its operations and its cash flows for the year then ended, and the changes in its net assets and its financial highlights for each of the two years in the period then ended, in conformity with U.S. generally accepted accounting principles.
The financial highlights for each of the four years in the period ended December 31, 2023, were audited by another independent registered public accounting firm whose report, dated February 26, 2024, expressed an unqualified opinion on those financial highlights. The financial highlights for each of the four years in the period ended December 31, 2019, were audited by another independent registered public accounting firm whose report, dated February 14, 2020, expressed an unqualified opinion on those financial highlights.
Basis for Opinion
These financial statements are the responsibility of the Fund’s management. Our responsibility is to express an opinion on the Fund’s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Fund in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Fund is not required to have, nor were we engaged to perform, an audit of the Fund’s internal control over financial reporting. As part of our audits, we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Fund’s internal control over financial reporting. Accordingly, we express no such opinion.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our procedures included confirmation of securities owned as of December 31, 2025, by correspondence with the custodian, brokers and others; when replies were not received from brokers and others, we performed other auditing procedures. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.
 

We have served as the auditor of one or more UBS
investment
companies since 1978.
New York, New York
February 27, 2026
 
40

Credit Suisse Asset Management Income Fund, Inc.
Board Approval of Advisory Agreement
 
 
In approving the renewal of the current investment advisory agreement (the “Advisory Agreement”) for the Credit Suisse Asset Management Income Fund, Inc. (the “Fund”), the Board of Directors of the Fund (the “Board”), including all of the directors who are not “interested persons” of the Fund as defined in the Investment Company Act of 1940 (the “Independent Directors”), at a special Microsoft Teams meeting held on November 5, 2025 where the Board discussed information and materials previously provided to them in connection with the renewal of the Advisory Agreement, and at an
in-person
meeting held on November 10 and 11, 2025, considered the following factors:
Investment Advisory Fee Rates and Expenses
The Board reviewed and considered the contractual investment advisory fee rate of 0.50% (the “Contractual Advisory Fee”) for the Fund in light of the extent and quality of the advisory services provided by UBS Asset Management (Americas) LLC (“UBS AM (Americas)”), the Fund’s investment adviser. The Board noted that UBS AM (Americas) had contractually agreed to base its current investment advisory fee on an average weekly base amount which, with respect to each quarter, is the average of the lesser of (i) the stock price (market value) of the Fund’s outstanding shares and (ii) the Fund’s net assets, in each case determined as of the last trading day for each week during that quarter (such average, the “Average Weekly Base Amount”). The Board also noted that the Fund does not pay UBS AM (Americas) an advisory fee on the Fund’s leveraged assets.
Additionally, the Board received and considered information set forth in a report provided by Broadridge, an independent provider of investment company data (the “Broadridge Report”), comparing the Fund’s Contractual Advisory Fee and overall expenses with those of funds in both the relevant expense group (“Expense Group”) and universe of funds (“Expense Universe”). The Board was provided with a description of the methodology used to arrive at the funds included in the Expense Group and the Expense Universe. Each fund in the Expense Group and Expense Universe was placed in one of five quintiles for each relevant comparison period, with the first quintile including the funds with the lowest relative expenses and the fifth quintile including funds with the highest relative expenses during the period. The Board noted that, with respect to the Fund’s fees and expenses compared to its peers as presented in the Broadridge Report, the Fund’s Contractual Advisory Fee ranked in the first quintile relative to its Expense Group, and the Fund’s actual advisory fees (including and excluding leveraged assets) and total expenses fees (including and excluding leveraged assets) ranked in the first quintile relative to its Expense Group and Expense Universe.
Nature, Extent and Quality of the Services under the Advisory Agreement
The Board received and considered information regarding the nature, extent and quality of services provided to the Fund by UBS AM (Americas) under the Advisory Agreement. The Board also noted information received at regular meetings throughout the year related to the services rendered by UBS AM (Americas) which, in addition to portfolio management and investment advisory services set forth in the Advisory Agreement, included credit analysis and research; supervising the
day-to-day
operations of the Fund’s
non-advisory
functions, which include accounting, administration, custody, transfer agent and other applicable third party service providers; overseeing and facilitating audits; overseeing the Fund’s credit facility; and supervising and/or preparing applicable Fund filings, disclosures and shareholder reports. The Board noted that the extensive investment advisory services provided by UBS AM (Americas) included broad supervisory responsibility and oversight over other service providers to the Fund. The Board also considered UBS AM (Americas)’s compliance program with respect to the Fund. The Board noted that UBS AM (Americas) reports to the Board about portfolio management and compliance matters on a periodic basis. The Board reviewed background information about UBS AM (Americas), including its Form ADV Part 2 – Disclosure Brochure and Brochure Supplement. The Board considered the
 
41

Credit Suisse Asset Management Income Fund, Inc.
Board Approval of Advisory Agreement (continued)
 
 
background and experience of UBS AM (Americas)’s senior management and the expertise of, and the amount of attention given to the Fund by, senior personnel of UBS AM (Americas). In addition, the Board reviewed the qualifications, backgrounds, and responsibilities of the portfolio management team primarily responsible for the
day-to-day
portfolio management of the Fund and the extent of the resources devoted to research and analysis of actual and potential investments, as well as the resources provided to them. The Board evaluated the ability of UBS AM (Americas), based on its resources, reputation, and other attributes, to attract and retain qualified investment professionals, including research, advisory, and supervisory personnel. The Board also received and considered information about the nature, extent and quality of services and fee rates offered to other UBS AM (Americas) clients for comparable services. The Board acknowledged UBS AM (Americas)’s representation that the services provided to the Fund are more extensive than the services provided in connection with other types of accounts, such as separate accounts, offered by UBS AM (Americas) and the services are also more extensive from those offered and provided to a
sub-advised
fund. The Board also considered that the services provided by UBS AM (Americas) have expanded over time as a result of regulatory and other developments.
Fund Performance
The Board received and considered performance results of the Fund over the previous year ended August 31, 2025 as well as over the
two-,
three-, four-, five- and
ten-year
periods ended August 31, 2025, along with comparisons both to the relevant performance group (“Performance Group”) and universe of funds (“Performance Universe”) for the Fund for the same time periods provided in the Broadridge Report. The Board was provided with a description of the methodology used to arrive at the funds included in the Performance Group and the Performance Universe. Each fund in the Performance Universe was placed in one of five quintiles for each relevant comparison period, with the first quintile including the best performing funds and the fifth quintile including the worst performing funds during the period. The Board noted that, with respect to the Fund’s performance compared to its peers as presented in the Broadridge Report, the Fund’s performance relative to its Performance Universe ranked in the first quintile for the four-, five-, and
ten-year
periods reported; ranked in the second quintile for the three-year period reported; ranked in the fourth quintile for the
two-year
period reported; and ranked in the fifth quintile for the
one-year
period reported. The Board considered that the Fund has continued to trade relatively well, at a small premium to net asset value, based on Lipper data provided by UBS AM (Americas) reflecting the Fund’s historical share price and net asset value. The Board also considered the investment performance of the Fund relative to its stated objectives.
Investment Adviser Profitability
The Board received and considered a profitability analysis of UBS AM (Americas), as the investment adviser to the Fund, based on the fees payable under the Advisory Agreement for the Fund, as well as other relationships between the Fund on the one hand and UBS AM (Americas) affiliates on the other. The Board deliberations also reflected, in the context of UBS AM (Americas)’s profitability, UBS AM (Americas)’s methodology for allocating costs to the Fund, recognizing that cost allocation methodologies are inherently subjective. The Board also received net profitability information for the other funds in the Credit Suisse family of funds, which include both
open-end
and
closed-end
funds. The Board also reviewed UBS AM (Americas)’s profit margin as reflected in the profitability analysis, as well as reviewing profitability in light of appropriate court cases and the services rendered to the Fund.
 
42

Credit Suisse Asset Management Income Fund, Inc.
Board Approval of Advisory Agreement (continued)
 
 
Economies of Scale
The Board considered information regarding whether there have been economies of scale with respect to the management of the Fund, whether the Fund has appropriately benefited from any economies of scale, and whether there is potential for realization of any further economies of scale for the Fund. The Board considered that, if the Fund’s asset levels grow, further economies of scale potentially could be realized (although this is not guaranteed). The Board noted the current advisory fee structure and the fact that the Fund does not pay advisory fees on the Fund’s leveraged assets. Additionally, the Board noted the Fund had an effective shelf registration statement that permitted it to conduct an
at-the-market
offering, whereby the Fund may issue additional shares when the Fund’s shares are trading at a premium to its net asset value, and noted that the new shelf registration statement has not yet been declared effective. The Board received information regarding UBS AM (Americas)’s profitability in connection with providing advisory services to the Fund, including UBS AM (Americas)’s costs in providing the services.
Other Benefits to UBS AM (Americas)
The Board considered other benefits received by UBS AM (Americas) and its affiliates as a result of their relationship with the Fund. Such benefits include, among others, benefits potentially derived from an increase in UBS AM (Americas)’s businesses and its reputation as a result of its relationship with the Fund (such as the ability to market its advisory services to other clients and investors including separate account or third party
sub-advised
mandates or other financial products offered by UBS AM (Americas) and its affiliates).
The Board considered the standards UBS AM (Americas) applied in seeking best execution and UBS AM (Americas)’s policies and practices regarding soft dollars and reviewed UBS AM (Americas)’s method for allocating portfolio investment opportunities among its advisory clients.
Other Factors and Broader Review
As discussed above, the Board reviewed detailed materials received from UBS AM (Americas) as part of the annual approval process. The Board also reviews and assesses the quality of the services that the Fund receives throughout the year and reviews reports of UBS AM (Americas) at least quarterly, which include, among other things, detailed portfolio and market reviews, detailed fund performance reports, and UBS AM (Americas)’s compliance policies and procedures.
Conclusions
In selecting UBS AM (Americas), and approving the renewal of the Advisory Agreement and the investment advisory fee under such agreement, the Board concluded that:
The Contractual Advisory Fee, reviewed along with information provided by Broadridge for the funds in the Fund’s Expense Group and Expense Universe, was reasonable in relation to the services provided by UBS AM (Americas).
 
   
The Board was satisfied with the nature, extent and quality of the investment advisory services provided to the Fund by UBS AM (Americas) and that, based on dialogue with management and counsel, the services provided by UBS AM (Americas) under the Advisory Agreement are typical of, and consistent with, those provided to similar funds by other investment advisers.
 
43

Credit Suisse Asset Management Income Fund, Inc.
Board Approval of Advisory Agreement (continued)
 
 
   
In light of the costs of providing investment advisory and other services to the Fund and UBS AM (Americas)’s ongoing commitment to the Fund and willingness to base the fee on the Average Weekly Base Amount, UBS AM (Americas)’s net profitability based on fees payable under the Advisory Agreement, as well as other ancillary benefits that UBS AM (Americas) and its affiliates received, were considered reasonable.
 
   
In light of the information received and considered by the Board, the Fund’s current fee structure was considered reasonable.
No single factor reviewed by the Board was identified by the Board as the principal factor in determining whether to approve the renewal of the Advisory Agreement. The Independent Directors were advised by separate independent legal counsel throughout the process.
 
44

Credit Suisse Asset Management Income Fund, Inc.
Fund Summary (unaudited)
December 31, 2025
 
 
Recent Changes
The following information is a summary of certain changes since that occurred since the close of the period covered by the previously transmitted annual shareholder report. This information may not reflect all of the changes that have occurred since you purchased the Fund.
During the Fund’s most recent fiscal year, there were no material changes in the Fund’s investment objective or policies that have not been approved by shareholders or in the principal risk factors associated with investment in the Fund.
Investment Objective and Policies
The investment objective of the Fund is to provide current income consistent with the preservation of capital. The Fund’s investment portfolio will not be managed for capital appreciation. The Fund’s investment objective is a fundamental policy and cannot be changed without the approval of the holders of a majority of the Fund’s outstanding voting securities. As used herein, a “majority of the Fund’s outstanding voting securities” means the lesser of (a) 67% of the shares represented at a meeting at which more than 50% of the outstanding shares are represented or (b) more than 50% of the outstanding shares. The Fund is not intended to be a complete investment program and there can be no assurance that the Fund will achieve its objectives.
Under normal circumstances, the Fund invests at least 75% of its total assets in fixed income securities, such as bonds, convertible securities and preferred stocks. The Fund’s investments in fixed income securities are not subject to any rating quality limitation. The Fund primarily invests in high yield fixed income securities that are in the lower rating categories of Moody’s Investors Service, Inc. (“Moody’s”), S&P Global Ratings (“S&P”), a division of S&P Global Inc., or another nationally recognized ratings service (commonly referred to as “junk bonds”). Lower-rated securities generally provide yields superior to those of more highly-rated securities, but involve greater risks and are speculative in nature. See “Risk Factors — Lower-Rated Securities.” The Fund may also invest in securities rated single A or higher by Moody’s or S&P and unrated corporate fixed income securities.
Differing yields on fixed income securities of the same maturity are a function of several factors. Higher yields are generally available from securities in the lower rating categories of recognized rating agencies, i.e., Baa or lower by Moody’s or BBB or lower by S&P. Securities ratings are based largely on the issuer’s historical financial information and the rating agencies’ investment analysis at the time of rating. Consequently, the rating assigned to any particular security is not necessarily a reflection of the issuer’s current financial condition, which may be better or worse than the rating would indicate. Although UBS AM considers security ratings when making investment decisions for high yield securities, it performs its own investment analysis and does not rely principally on the ratings assigned by the rating services. UBS AM’s analysis may include consideration of the issuer’s experience and managerial strength, changing financial condition, borrowing requirements or debt maturity schedules, and its responsiveness to changes in business conditions and interest rates. It also considers relative values based on anticipated cash flow, interest or dividend coverage, asset coverage and earnings prospects.
UBS AM bases its investment decisions in high yield securities on the results of issuer and security-specific credit analysis. UBS AM evaluates each issuer’s rating, cash flow, financial structure and business risk. UBS AM takes into account, among other things, the issuer’s financial resources, its sensitivity to economic conditions and trends, its operating history, the quality of the issuer’s management and regulatory matters. UBS AM evaluates the covenants of each security and pursues a strategy of broad issuer and industry diversification.
 
45

Credit Suisse Asset Management Income Fund, Inc.
Fund Summary (unaudited) (continued)
December 31, 2025
 
 
The Fund currently utilizes and in the future expects to continue to utilize leverage through borrowings, including the issuance of debt securities, or through other transactions, such as reverse repurchase agreements, which have the effect of leverage. The Fund currently is leveraged through borrowings from a credit facility with SSB. The Fund may use leverage up to 33 1/3% of its total assets (including the amount obtained through leverage). There can be no guarantee that the Fund will be able to accurately predict when the use of leverage will be beneficial. Use of leverage creates an opportunity for increased income and capital appreciation for shareholders but, at the same time, creates special risks, and there can be no assurance that a leveraging strategy will be successful during any period in which it is employed.
The Fund may also invest in debt securities issued or guaranteed by the U.S. government, or by agencies or instrumentalities established or sponsored by the U.S. government, including mortgage-backed securities. Depending on market conditions, the Fund may invest a substantial portion of its assets in mortgage-backed securities. Mortgage-backed securities are collateralized by mortgages or interests in mortgages and may be issued by government or
non-government
entities. Mortgage-backed securities issued by government entities typically provide a monthly payment consisting of interest and principal payments, and additional payments will be made out of unscheduled payments of principal.
Non-government
issued mortgage-backed securities may offer higher yields than those issued by government entities, but may be subject to greater price fluctuations. To the extent that the Fund invests in the mortgage market, UBS AM will evaluate relevant economic, environmental and security-specific variables such as housing starts, coupon and age trends.
The Fund may invest in loans and loan participations (collectively, “Loans”), including senior secured floating Loans (“Senior Loans”), “second lien” secured floating rate Loans (“Second Lien Loans”), and other types of secured Loans with fixed and variable interest rates.
UBS AM (Americas) may take full advantage of the entire range of maturities of fixed income securities and may adjust the average maturity of the investments held in the Fund’s portfolio from time to time, depending on its assessment of relative yields of securities of different maturities and its expectations of future changes in interest rates. It is expected that the average weighted maturity of the Fund’s investment portfolio will be 4 to 10 years.
The Fund invests in debt obligations and other fixed income securities denominated in U.S. dollars,
non-U.S.
currencies or composite currencies, including:
 
   
debt obligations issued or guaranteed by foreign national, provincial, state, municipal or other governments with taxing authority or by their agencies or instrumentalities;
 
   
debt obligations of supranational entities;
 
   
debt obligations of the U.S. government issued in
non-dollar
denominated securities; and
 
   
dollar and
non-dollar
denominated debt obligations and other fixed income securities of foreign and U.S. corporate issuers.
The Fund may invest a portion of its assets in the securities of issuers located in emerging markets. The Fund has a fundamental policy not to invest more than 5% of the value of its total assets in securities denominated in a currency other than the U.S. dollar.
In making investments in foreign and emerging market securities, UBS AM (Americas) considers the relative growth and inflation rates of different countries. UBS AM (Americas) considers expected changes in foreign currency exchange rates, including the prospects for central bank intervention, in determining the anticipated
 
46

Credit Suisse Asset Management Income Fund, Inc.
Fund Summary (unaudited) (continued)
December 31, 2025
 
 
returns of securities denominated in foreign currencies. UBS AM (Americas) further evaluates, among other things, foreign yield curves and regulatory and political factors, including the fiscal and monetary policies of such countries.
In the past, during periods of falling U.S. exchange rates, yields available from securities denominated in foreign currencies have often been higher, in U.S. dollar terms, than those of securities denominated in U.S. dollars. UBS AM considers expected changes in foreign currency exchange rates in determining the anticipated returns of securities denominated in foreign currencies. The obligations of foreign governmental entities, including supranational issuers, have various kinds of government support. Obligations of foreign governmental entities include obligations issued or guaranteed by national, provincial, state or other governments with taxing power or by their agencies. These obligations may or may not be supported by the full faith and credit of a foreign government.
The Fund may invest in credit default swap agreements. The Fund may enter into credit default swap agreements either as a buyer or a seller. The Fund may buy a credit default swap to attempt to mitigate the risk of default or credit quality deterioration in one or more individual holdings or in a segment of the fixed income securities market. The Fund may sell a credit default swap in an attempt to gain exposure to an underlying issuer’s credit quality characteristics without investing directly in that issuer. The “buyer” in a credit default swap is obligated to pay the “seller” an upfront payment or a periodic stream of payments over the term of the agreement, provided that no credit event on an underlying reference obligation has occurred. If a credit event occurs, the seller must pay the buyer the full notional value, or “par value,” of the reference obligation in exchange for the reference obligation. As a result of counterparty risk, certain credit default swap agreements may involve greater risks than if the Fund had invested in the reference obligation directly. There is no limit on the Fund’s ability to enter into credit default swap agreements.
Risk Factors
This section contains a discussion of the general risks of investing in the Fund. The net asset value and market price of, and dividends paid on, the Fund’s common shares of beneficial interest (the “Shares”) will fluctuate with and be affected by, among other things, the risks more fully described below. As with any fund, there can be no guarantee that the Fund will meet its investment objective or that the Fund’s performance will be positive for any period of time.
Investment and Market Risk.
An investment in the Shares is subject to investment risk, including the possible loss of the entire principal amount that you invest. Your investment in Shares represents an indirect investment in the securities owned by the Fund.
The value of these securities, like other market investments, may move up or down, sometimes rapidly and unpredictably, and these fluctuations are likely to have a greater impact on the value of the Shares during periods in which the Fund utilizes a leveraged capital structure. The value of the securities in which the Fund invests will affect the value of the Shares. Your Shares at any point in time may be worth less than your original investment, even after taking into account the reinvestment of Fund dividends and distributions.
Lower-Rated Securities Risk.
At any time, all or substantially all of the Fund’s portfolio may be invested in medium-grade or below investment grade fixed income securities (commonly referred to as “junk bonds”) as determined by a nationally recognized rating service and in unrated securities of comparable quality. Lower-rated securities are regarded as being predominantly speculative as to the issuer’s ability to make payments of principal and interest.
Investment
in such securities involves substantial risk. Issuers of lower-rated securities
 
47

Credit Suisse Asset Management Income Fund, Inc.
Fund Summary (unaudited) (continued)
December 31, 2025
 
 
may be highly leveraged and may not have available to them more traditional methods of financing. Therefore, the risks associated with acquiring the securities of such issuers generally are greater than is the
case
with higher-rated securities. For example, during an economic downturn or a sustained period of rising interest rates, issuers of lower-rated securities may be more likely to experience financial stress, especially if such issuers are highly leveraged. During periods of economic downturn, such issuers may not have sufficient revenues to meet their interest payment obligations. The issuer’s ability to service its debt obligations also may be adversely affected by specific issuer developments, the issuer’s inability to meet specific projected business forecasts or the unavailability of additional financing. The risk of loss due to default by the issuer is significantly greater for the holders of lower-rated securities because such securities may be unsecured and may be subordinate to other creditors of the issuer.
Credit Risk.
Credit risk is the risk that one or more of the Fund’s investments in debt securities or other instruments will decline in price, or fail to pay interest, liquidation value or principal when due, because the issuer of the obligation or the issuer of a reference security experiences an actual or perceived decline in its financial status. In addition to the credit risks associated with high yield securities, the Fund could also lose money if the issuer of other debt obligations, or the counterparty to a derivatives contract, repurchase agreement, loan of portfolio securities or other obligation, is, or is perceived to be, unable or unwilling to make timely principal and/or interest payments, or to otherwise honor its obligations. The downgrade of a security may further decrease its value.
Interest Rate Risk.
Generally, when market interest rates rise, the prices of debt obligations fall, and vice versa. Interest rate risk is the risk that debt obligations and other instruments in the Fund’s portfolio will decline in value because of increases in market interest rates. The Fund may be subject to a greater risk of rising interest rates due to the recent period of historically low rates. The prices of long-term debt obligations generally fluctuate more than prices of short-term debt obligations as interest rates change. During periods of rising interest rates, the average life of certain types of securities may be extended due to slower than expected payments. This may lock in a below market yield, increase the security’s duration and reduce the security’s value. The Fund’s use of leverage will tend to increase interest rate risk.
Investments in floating rate debt instruments, although generally less sensitive to interest rate changes than longer duration fixed rate instruments, may nevertheless decline in value in response to rising interest rates if, for example, the rates at which they pay interest do not rise as much, or as quickly, as market interest rates in general. Conversely, floating rate instruments will not generally increase in value if interest rates decline. Inverse floating rate debt securities also may exhibit greater price volatility than a fixed rate debt obligation with similar credit quality. To the extent the Fund holds floating rate instruments, a decrease (or, in the case of inverse floating rate securities, an increase) in market interest rates will adversely affect the income received from such securities and the net asset value of the Fund’s common shares.
Leverage Risk
. The Fund currently leverages through borrowings from a credit facility. The use of leverage, which can be described as exposure to changes in price at a ratio greater than the amount of equity invested, through borrowings or other forms of market exposure, magnifies both the favorable and unfavorable effects of price movements in the investments made by the Fund. Insofar as the Fund continues to employ leverage in its investment operations, the Fund will be subject to greater risk of loss than if it had not employed leverage.
Therefore, if the market value of the Fund’s investment portfolio declines, any leverage will result in a greater decrease in net asset
value
to common shareholders than if the Fund were not leveraged. Such greater net asset value decrease will also tend to cause a greater decline in the market price for the common shares.
 
48

Credit Suisse Asset Management Income Fund, Inc.
Fund Summary (unaudited) (continued)
December 31, 2025
 
 
The use of leverage may cause the Fund to liquidate portfolio positions when it may not be advantageous to do so to satisfy its obligations or to meet the applicable requirements of the 1940 Act and the rules thereunder. Further, if at any time while the Fund has leverage outstanding it does not meet applicable asset coverage requirements, it may be required to suspend distributions to common shareholders until the requisite asset coverage is restored. Any such suspension might impair the ability of the Fund to meet the regulated investment company distribution requirements and to avoid Fund-level U.S. federal income and/or excise taxes.
Under Rule
18f-4
under the 1940 Act, among other things, the Fund must either use derivatives in a limited manner or comply with an outer limit on fund leverage risk based on
value-at-risk.
Corporate Debt Risk.
The Fund may invest in debt securities of
non-governmental
issuers. Like all debt securities, corporate debt securities generally represent an issuer’s obligation to repay to the investor (or lender) the amount borrowed plus interest over a specified time period. A typical corporate bond specifies a fixed date when the amount borrowed (principal) is due in full, known as the maturity date, and specifies dates when periodic interest (coupon) payments will be made
over
the life of the security.
Prices of corporate debt securities fluctuate and, in particular, are subject to several key risks including, but not limited to, interest rate risk, credit risk and prepayment risk. The market value of a corporate bond may be affected by the credit rating of the corporation, the corporation’s performance and perceptions of the corporation in the market place. There is a risk that the issuers of the corporate debt securities in which the Fund may invest may not be able to meet their obligations on interest or principal payments at the time called for by an instrument.
Foreign Securities Risk.
Investing in securities of foreign entities and securities denominated in foreign currencies involves certain risks not involved in domestic investments, including, but not limited to, fluctuations in foreign exchange rates, future foreign political and economic developments, different legal and accounting systems and the possible imposition of exchange controls or other foreign governmental laws or restrictions. Securities prices in different countries are subject to different economic, financial, political and social factors. Since the Fund may invest in securities denominated or quoted in currencies other than the U.S. dollar, changes in foreign currency exchange rates may affect the value of securities in the Fund and the unrealized appreciation or depreciation of investments. Currencies of certain countries may be volatile and therefore may affect the value of securities denominated in such currencies. The Fund may, but is not obligated to, engage in certain transactions to hedge the currency-related risks of investing in
non-U.S.
dollar denominated securities. In addition, with respect to certain foreign countries, there is the possibility of expropriation of assets, confiscatory taxation, difficulty in obtaining or enforcing a court judgment, economic, political or social instability or diplomatic developments that could affect investments in those countries. Moreover, individual foreign economies may differ favorably or unfavorably from the U.S. economy in such respects as growth of gross domestic product, rates of inflation, capital reinvestment, resources, self-sufficiency and balance of payments position. Certain foreign investments also may be subject to foreign withholding taxes. These risks often are heightened for investments in smaller, emerging capital markets.
Emerging Market Securities Risk.
Investing in the securities of issuers located in emerging markets involves special considerations not typically associated with investing in the securities of U.S. issuers and other developed market issuers, including heightened risks of expropriation and/or nationalization, armed conflict, confiscatory taxation, restrictions on transfers of assets and market illiquidity, lack of uniform accounting and auditing standards, differences in regulatory and financial recordkeeping standards, difficulties in dividend withholding reclaims procedures, less publicly available financial and other information and potential difficulties in enforcing contractual obligations.
 
49

Credit Suisse Asset Management Income Fund, Inc.
Fund Summary (unaudited) (continued)
December 31, 2025
 
 
The economies of individual emerging market
countries
may differ favorably or unfavorably from the U.S. economy in such respects as growth of gross domestic product, rate of inflation, currency depreciation, capital reinvestment, resource self-sufficiency and balance of payments position. Governments of many developing and emerging market countries have exercised and continue to exercise substantial influence over many aspects of the private sector. In some cases, the government owns or controls many companies, including some of the largest in the country.
Accordingly, government actions could have a significant effect on economic conditions in an emerging market country and on market conditions, prices and yields of securities in the Fund’s portfolio. Moreover, the economies of emerging market countries generally are heavily dependent upon international trade and, accordingly, have been and may continue to be adversely affected by trade barriers, exchange controls, managed adjustments in relative currency values and other protectionist measures imposed or negotiated by the countries with which they trade.
Illiquid Securities Risk.
The Fund may invest in securities for which no readily available market exists or are otherwise considered illiquid. The Fund may not be able readily to dispose of such securities at prices that approximate those at which the Fund could sell such securities if they were more widely traded and, as result of such illiquidity, the Fund may have to sell other investments or engage in borrowing transactions if necessary to raise cash to meet its obligations. Liquid investments may become illiquid after purchase by the Fund, particularly during periods of market turmoil. There can be no assurance that a security or instrument that is deemed to be liquid when purchased will continue to be liquid for as long as it is held by the Fund. Regulatory changes have led to reduced liquidity in the marketplace, and the capacity of dealers to make markets in fixed income securities has been outpaced by the growth in the size of the fixed income markets. Liquidity risk may be magnified in a rising interest rate environment or when investor redemptions from fixed income funds may be higher than normal, due to the increased supply in the market that would result from selling activity. Illiquid securities generally trade at a discount.
Prepayment Risk.
If interest rates fall, the principal on bonds and loans held by the Fund may be paid earlier than expected. If this happens, the proceeds from a prepaid security may be reinvested by the Fund in securities bearing lower interest rates, resulting in a possible decline in the Fund’s income and distributions to shareholders.
Preferred Stock Risk.
Preferred stocks are unique securities that combine some of the characteristics of both common stocks and bonds. Preferred stocks generally pay a fixed rate of return and are sold on the basis of current yield, like bonds. However, because they are equity securities, preferred stocks provide equity ownership of a company, and the income is paid in the form of dividends. Preferred stocks typically have a yield advantage over common stocks as well as comparably-rated fixed income investments. Preferred stocks are typically subordinated to bonds and other debt instruments in a company’s capital structure, in terms of priority to corporate income, and therefore will be subject to greater credit risk than those debt instruments. Unlike interest payments on debt securities, preferred stock dividends are payable only if declared by the issuer’s board of directors. Preferred stock also may be subject to optional or mandatory redemption provisions.
Mortgage-Backed Securities Risk.
The Fund may invest a substantial portion of its total assets in mortgage-backed securities. The value of mortgage-backed securities is subject to change due to shifts in the market’s perception of issuers, and regulatory or tax changes may adversely affect the mortgage securities market as a whole. Foreclosures and prepayments, which occur when unscheduled or early payments are
made
on the underlying mortgages, may shorten the effective maturities on these securities. The Fund’s yield may be affected by reinvestment of prepayments at higher or lower rates than the original investment. Prepayments tend to increase
 
50

Credit Suisse Asset Management Income Fund, Inc.
Fund Summary (unaudited) (continued)
December 31, 2025
 
 
due to refinancing of mortgages as interest rates decline. In addition, like other debt securities, the values of mortgage-backed securities
will
generally fluctuate in response to changes in interest rates
Senior Loans Risk.
The Fund’s investments in Senior Loans are expected to typically be below investment grade. These investments are considered speculative because of the credit risk of their issuers. Such companies are more likely to default on their payments of interest and principal owed to the Fund, and such defaults could reduce the Fund’s net asset value and income distributions. An economic downturn generally leads to a higher
non-payment
rate, and a debt obligation may lose significant value before a default occurs. Moreover, any specific collateral used to secure a loan may decline in value or become illiquid, which would adversely affect the loan’s value.
Like other debt instruments, Senior Loans are subject to the risk of
non-payment
of scheduled interest or principal. Such
non-payment
would result in a reduction of income to the Fund, a reduction in the value of the investment and a potential decrease in the net asset value per share of the Fund. There can be no assurance that the liquidation of any collateral securing a loan would satisfy the borrower’s obligation in the event of
non-payment
of scheduled interest or principal payments, or that such collateral could be readily liquidated. This is particularly the case where a senior loan is not backed by collateral or sufficient collateral at the time such senior loan is issued. In the event of bankruptcy of a borrower, the Fund could experience delays or limitations with respect to its ability to realize the benefits of the collateral securing a senior loan. The collateral securing a senior loan may lose all or substantially all of its value in the event of bankruptcy of a borrower. Some Senior Loans are subject to the risk that a court, pursuant to fraudulent conveyance or other similar laws, could subordinate such Senior Loans to presently existing or future indebtedness of the borrower or take other action detrimental to the holders of Senior Loans including, in certain circumstances, invalidating such Senior Loans or causing interest previously paid to be refunded to the borrower. If interest were required to be refunded, it could negatively affect the Fund’s performance.
Transactions in Senior Loans may settle on a delayed basis, resulting in the proceeds from the sale of Senior Loans not being readily available to make additional investments or to meet the Fund’s redemption obligations. To the extent the extended settlement process gives rise to short-term liquidity needs, the Fund may hold cash, sell investments or temporarily borrow from banks or other lenders.
Second Lien and Other Secured Loans Risk
. Second Lien Loans and other secured Loans are subject to the same risks associated with investment in Senior Loans and bonds rated below investment grade. However, because Second Lien Loans are second in right of payment to one or more Senior Loans of the related borrower, and other secured Loans rank lower in right of payment to Second Lien Loans, they are subject to the additional risk that the cash flow of the borrower and any property securing the Loan may be insufficient to meet scheduled payments after giving effect to the more senior secured obligations of the borrower. This risk is generally higher for subordinated unsecured loans or debt, which are not backed by a security interest in any specific collateral. Second Lien Loans and other secured Loans are also expected to have greater price volatility than Senior Loans and may be less liquid. There is also a possibility that originators will not be able to sell participations in Second Lien Loans and other secured Loans, which would create greater credit risk exposure.
Conflict of Interest Risk.
Affiliates of UBS AM (Americas) may act as underwriter, lead agent or administrative agent for loans and participate in the secondary market for loans. Because of limitations imposed by applicable law, the presence of UBS affiliates in the primary and secondary markets for loans may restrict the fund’s ability to acquire some loans or affect the timing or price of such
acquisitions
.
 
51

Credit Suisse Asset Management Income Fund, Inc.
Fund Summary (unaudited) (continued)
December 31, 2025
 
 
Derivatives Risk.
The Fund may invest in derivatives, such as credit default swap agreements and interest rate futures and related options. The primary risk of derivatives is the same as the risk of the underlying asset, namely that the value of the underlying asset may increase or decrease. Adverse movements in the value of the underlying asset can expose the Fund to losses. In addition, risks in the use of derivatives include:
 
   
an imperfect correlation between the price of derivatives and the movement of the securities prices, interest rates or currency exchange rates being hedged or replicated;
 
   
the possible absence of a liquid secondary market for any particular derivative at any time;
 
   
the potential loss if the counterparty to the transaction does not perform as promised;
 
   
the possible need to defer closing out certain positions to avoid adverse tax consequences, as well as the possibility that derivative transactions may result in acceleration of gain, deferral of losses or a change in the character of gain realized;
 
   
the risk that the financial intermediary “manufacturing” the
over-the-counter
derivative, being the most active market maker and offering the best price for repurchase, will not continue to create a credible market in the derivative;
 
   
because certain derivatives are “manufactured” by financial institutions, the risk that the Fund may develop a substantial exposure to financial institution counterparties; and
 
   
the risk that a full and complete appreciation of the complexity of derivatives and how future value is affected by various factors including changing interest rates, exchange rates and credit quality is not attained.
There is no guarantee that derivatives will provide successful results and any success in their use depends on a variety of factors including the ability of UBS AM (Americas) to predict correctly the direction of interest rates, securities prices, currency exchange rates and other factors.
Credit Default Swap Risk.
Credit default swap contracts, a type of derivative instrument, involve special risks and may result in losses to the Fund. Credit default swaps may in some cases be illiquid, and they increase credit risk since the Fund has exposure to both the issuer of the referenced obligation and the counterparty to the credit default swap. Swaps may be difficult to unwind or terminate. The swap market could be disrupted or limited as a result of recent legislation, and these changes could adversely affect the Fund.
Counterparty Risk.
The Fund will be subject to credit risk with respect to the counterparties to the derivative contracts purchased or sold by the Fund. Recently, several broker-dealers and other financial institutions have experienced extreme financial difficulty, sometimes resulting in bankruptcy of the institution. Although the Investment Adviser monitors the creditworthiness of the Fund’s counterparties, there can be no assurance that the Fund’s counterparties will not experience similar difficulties, possibly resulting in losses to the Fund. If a counterparty becomes bankrupt, or otherwise fails to perform its obligations under a derivative contract due to financial difficulties, the Fund may experience significant delays in obtaining any recovery under the derivative contract in a bankruptcy or other reorganization proceeding. The Fund may obtain only a limited recovery or may obtain no recovery in such circumstances.
Valuation Risk.
Unlike publicly traded common stock which trades on national exchanges, there is no central place or exchange for bond trading. Bonds generally trade on an
“over-the-counter”
market which may be anywhere in the world where buyer and seller can settle on a price. Due to the lack of centralized information and
 
52

Credit Suisse Asset Management Income Fund, Inc.
Fund Summary (unaudited) (continued)
December 31, 2025
 
 
trading, the valuation of bonds may carry more risk than that of common stock. Uncertainties in the conditions of the financial market, unreliable reference data, lack of transparency and inconsistency of valuation models and processes may lead to inaccurate asset pricing. As a result, the Fund may be subject to the risk that when a security is sold in the market, the amount received by the Fund is less than the value of such security carried on the Fund’s
books
.
Market Price, Discount and Net Asset Value of Shares.
As with any stock, the price of the Fund’s Shares fluctuates with market conditions and other factors. Shares of the Fund, a
closed-end
investment company, may trade in the market at a discount from their net asset value.
Potential Yield Reduction.
An offering of Shares is expected to present the opportunity to invest in high yielding securities. This expectation is based on the current market environment for high yield debt securities, which could change in response to interest rate levels, general economic conditions, specific industry conditions and other factors. If the market environment for high yield debt securities changes in a manner that adversely affects the yield of such securities, the offering of Shares could cause the Fund to invest in securities that are lower yielding than those in which it is currently invested. In addition, even if the market for high yield debt securities continues to present attractive investment opportunities, there is no assurance that the Fund will be able to invest the proceeds of an offering of Shares in high yielding securities or that other potential benefits of the offering will be realized. An offering of Shares could reduce the Fund’s current dividend yield if the Fund is unable to invest the proceeds of the offering in securities that provide a yield at least equal to the current dividend yield.
Market Risk
. The market value of an instrument may fluctuate, sometimes rapidly and unpredictably. These fluctuations, which are often referred to as “volatility,” may cause an instrument to be worth less than it was worth at an earlier time. Market risk may affect a single issuer, industry, commodity, sector of the economy, or the market as a whole. Local, regional or global events such as war, acts of terrorism, the spread of infectious illness or other public health issues, recessions, or other events could have a significant impact on a fund and its investments. Market risk is common to most investments — including stocks, bonds and commodities — and the mutual funds that invest in them. The performance of “value” stocks and “growth” stocks may rise or decline under varying market conditions — for example, value stocks may perform well under circumstances in which growth stocks in general have fallen.
Bonds and other fixed income securities generally involve less market risk than stocks and commodities. However, the risk of bonds can vary significantly depending upon factors such as the issuer’s creditworthiness and a bond’s maturity. The bonds of some companies may be riskier than the stocks of others.
Pandemics and epidemics that may arise in the future, could affect, the economies of many nations, individual companies and the market in general in ways that cannot necessarily be foreseen at the present time. In addition, the effect of infectious diseases in developing or emerging market countries may be greater due to less established health care systems. Health crises caused by a pandemic may exacerbate other
pre-existing
political, social and economic risks in certain countries. As a result, the extent to which a pandemic may negatively affect a fund’s performance or the duration of any potential business disruption is uncertain.
Anti-Takeover Provisions.
The Charter and
By-laws
contain provisions limiting the ability of other entities or persons to acquire control of the Fund. These provisions may be regarded as “anti-takeover” provisions. These provisions could have the effect of depriving the shareholders of opportunities to sell their Shares at a
premium
over prevailing market prices by discouraging a third party from seeking to obtain control of the Fund in a tender offer or similar transaction.
 
53

Credit Suisse Asset Management Income Fund, Inc.
Fund Summary (unaudited) (continued)
December 31, 2025
 
 
Senior Securities
The following table sets forth information regarding the Fund’s outstanding senior securities as of the end of each of the Fund’s last ten fiscal years, as applicable.
 
Year Ended 12/31   Aggregate Amount Outstanding  
Asset Coverage per $1,000 of
Indebtedness
1
2025
  $64,000,000   $3,438
2024
  $57,000,000   $3,855
2023
  $52,500,000   $3,974
2022
  $60,500,000   $3,379
2021
  $58,500,000   $4,070
2020
  $56,500,000   $4,162
2019
  $60,250,000   $4,021
2018
  $70,750,000   $3,373
2017
  $46,000,000   $5,075
2016
   
 
 
1
 
Asset coverage means the ratio that the value of the Fund’s total assets (including amounts borrowed), minus liabilities other than borrowings, bears to the aggregate amount of all borrowings.
Trading and Net Asset Value Information
The following table shows for the quarters indicated: (1) the high and low sale prices of the Fund’ shares of common stock (“Common Shares”) at the close of trading on the NYSE American; (2) the high and low NAV per Common Share; and (3) the high and low premium/(discount) to NAV at which the Fund’s Common Shares were trading at the close of trading (as a percentage of NAV).
 
    
Price
    
Net Asset Value
    
 Premium/(Discount) To Net Asset Value 
 
Fiscal Quarter Ended
  
High
    
Low
    
High
    
Low
    
High
   
Low
 
March 31, 2024
   $ 3.09      $ 2.95      $ 2.98      $ 2.93        4.07     (1.01 )% 
June 30, 2024
   $ 3.09      $ 2.84      $ 2.98      $ 2.91        4.04     (3.14 )% 
September 30, 2024
   $ 3.12      $ 2.90      $ 3.03      $ 2.96        3.65     (2.03 )% 
December 31, 2024
   $ 3.09      $ 2.85      $ 3.03      $ 2.96        2.49     (3.72 )% 
March 31, 2025
   $ 2.99      $ 2.88      $ 3.01      $ 2.91        1.01     (2.76 )% 
June 30, 2025
   $ 2.96      $ 2.62      $ 2.94      $ 2.81        0.68     (7.25 )% 
September 30, 2025
   $ 3.01      $ 2.93      $ 2.95      $ 2.91        2.35     (0.17 )% 
December 31, 2025
   $ 3.04      $ 2.74      $ 2.91      $ 2.81        4.28     (2.92 )% 
On December 31, 2025, the per Common Share NAV was $2.84 and the per Common Share market price was $2.83, representing a 0.35% discount to such NAV.
Common Shares of the Fund have historically traded at both a premium and discount to NAV.
Shares of
closed-end
investment companies listed for trading on a securities exchange frequently trade at a discount from NAV, although in
some
cases they may trade at a premium. The market price may be affected by trading volume of the shares, general market and economic conditions and other factors beyond the control of the
closed-end
fund. The foregoing factors may result in the market price of the shares being greater than, less than or equal to NAV. The Board has reviewed the structure of the Fund in light of its investment objective and policies and has determined that the
closed-end
structure is in the best interests of the shareholders. As described above,
 
54

Credit Suisse Asset Management Income Fund, Inc.
Fund Summary (unaudited) (continued)
December 31, 2025
 
 
however, the Board will review periodically the trading range and activity of the Fund’s Common Shares with respect to its NAV and the Board may take certain actions to seek to reduce or eliminate any such discount. Such actions may include open market repurchases or tender offers for the Common Shares at NAV or the possible conversion of the Fund to an
open-end
investment company. There can be no assurance that the Board will decide to undertake any of these actions or that, if undertaken, such actions would result in the Common Shares trading at a price equal to or close to net asset value per share.
Summary of Fund Expenses
The following table and example are intended to assist you in understanding the various costs and expenses directly or indirectly associated with investing in Common Shares of the Fund. Some of the percentages indicated in the table below are estimates and may vary.
 
Shareholder Transaction Expenses
  
Sales Load (as a percentage of offering price)
     1.50 %
(1)
 
Offering Expenses (as a percentage of offering price)
     0.00
Dividend
Reinvestment Plan Fees
   $ 5.00
(2)
 
Annual Operating Expenses (as a percentage of average net assets attributable to the Fund’s Common Shares)
  
Management Fees
(3)
     0.50
Interest Expense on Borrowed Funds
(4)
     2.05
Other Expenses
     1.15
Total Annual Operating Expenses
  
 
3.70
 
 
(1)
 
Represents the estimated commission with respect to the Fund’s Common Shares sold in this offering, which the Fund paid to JonesTrading in connection with the sales of Common Shares effected by JonesTrading in the offering. While JonesTrading was entitled to a commission of between 1.50% and 3.00% of the gross sales price for Common Shares sold, with the exact amount to be agreed upon by the parties, the Fund has assumed, for purposes of this offering, that JonesTrading received a commission of 1.50% of such gross sales price. This is the only sales load to be paid in connection with this offering.
 
(2)
 
The Fund bears ongoing expenses associated with the Plan which are included in “Other Expenses.” There is no service fee payable by Plan participants for dividend reinvestments; however, shareholders are subject to other transaction costs associated with the Plan. Actual costs will vary for each participant depending on the return and number of transactions made. For Plan participants that elect to make voluntary cash purchases, Plan participants must pay a service fee of $5.00 per transaction. Plan participants will also be charged a pro rata share of the brokerage commissions for all open market purchases ($0.03 per share as of December 2025). In addition, if a Plan participant elects by written notice to the Plan administrator to have the plan administrator sell part or all of the shares held by the Plan administrator in the participant’s account and remit the proceeds to the participant, the participant will also be charged a service fee of $5.00 for each sale and brokerage commissions of $0.03 per share (as of December 2025). See “Dividend Reinvestment and Cash Purchase Plan.”
 
(3)
 
UBS AM receives from the Fund, as compensation for its advisory services, a fee, computed weekly and payable quarterly at an annual rate of 0.50% of an average weekly base amount which, with respect to each quarter, is the average of the lower of (i) the stock price (market value) of the Fund’s outstanding shares and (ii) the Fund’s net assets, in each case determined as of the last trading day for each week during the relevant quarter.
 
(4)
 
The Fund may use leverage through borrowings, the costs of which are borne by holders of Common Shares of the Fund. The Fund currently borrows under a credit facility.
 
55

Credit Suisse Asset Management Income Fund, Inc.
Fund Summary (unaudited) (continued)
December 31, 2025
 
 
Example
An investor would pay the following expenses on a $1,000 investment in the Fund, assuming (1) Total Annual Operating Expenses of 3.70%, (2) a Sales Load (commission) of $15 and (3) a 5% annual return:
 
One Year
   
Three Years
   
Five Years
   
Ten Years
 
$ 52     $ 126     $ 203     $ 404  
The “Example” assumes that all dividends and other distributions are reinvested at net asset value and that the percentage amounts listed in the table above under Total Annual Operating Expenses remain the same in the years shown. The above table and example and the assumption in the example of a 5% annual return are required by regulations of the SEC that are applicable to all investment companies; the assumed 5% annual return is not a prediction of, and does not represent, the projected or actual performance of the Fund’s Common Shares.
The example should not be considered a representation of past or future expenses, and the Fund’s actual expenses may be greater than or less than those shown. Moreover, the Fund’s actual rate of return may be greater or less than the hypothetical 5% return shown in the example.
 
56

Credit Suisse Asset Management Income Fund, Inc.
Information Concerning Directors and Officers (unaudited)
 
 
Name, Address
(Year of Birth)
  
Position(s)
Held with Fund
  
Term
of Office
1

and
Length
of Time
Served
  
Principal
Occupation(s)
During
Past Five Years
  
Number of
Portfolios in
Fund
Complex
Overseen by
Director
   
Other
Directorships
Held by Director
During Past Five Years
Independent Directors
             
Laura A. DeFelice
c/o UBS Asset Management (Americas) LLC
Attn: General Counsel
1285 Avenue of the Americas
New York, New York
10019
 
(1959)
   Chair of the Board (since November 14, 2023), Nominating Committee and Audit Committee Member    Since 2018; current term ends at the 2028 annual meeting    Managing Member and Founder of Acacia Properties LLC (multi- family and commercial real estate ownership and operation) from 2008 to present; Member and Founder of Stonegate Advisors LLC (renewable energy and energy efficiency) from 2007 to 2025      7     Director of the Lyric Opera of Chicago (performing arts) from December 2021 to present.
Charles W. Gerber
c/o UBS Asset Management (Americas) LLC
1285 Avenue of the Americas
New York, New York 10019
 
(1955)
   Director, Nominating Committee and Audit Committee Member    Since 2024; current term ends at the 2028 annual meeting    Consultant, Canadian Imperial Bank of Commerce (financial services) from 2016 to present; Senior Adviser, Stoneturn Group, LLP (consulting ) from 2016 to present.       2
2
    Director, MA Holdings, Inc. (real estate management) from 2023 to present.
 
1
 
Subject to the Fund’s retirement policy, no Director, Nominating Committee and Audit Committee Member shall be presented to shareholders of the Fund for election at any meeting that is scheduled to occur after he/she has reached the age of 74 and a Director shall automatically be deemed to retire from the Board at the next annual shareholders’ meeting following the date that he/she reaches the age of 75 years even if his/her term of office has not expired on that date. The requirements of the retirement policy may be waived with respect to an individual Director. Each Officer serves until his or her respective successor has been duly elected and qualified.
2
 
Mr. Gerber also serves on the advisory board of all of the open-end Credit Suisse Funds.
 
57

Credit Suisse Asset Management Income Fund, Inc.
Information Concerning Directors and Officers (unaudited) (continued)
 
 
Name, Address
(Year of Birth)
  
Position(s)
Held with Fund
  
Term
of Office 
1

and
Length
of Time
Served
  
Principal
Occupation(s)
During
Past Five Years
  
Number of
Portfolios in
Fund
Complex
Overseen by
Director
  
Other
Directorships
Held by Director
During Past Five Years
Mahendra R. Gupta
c/o UBS Asset Management (Americas) LLC
Attn: General Counsel
1285 Avenue of the Americas
New York, New York
10019
 
(1956)
   Director, Nominating Committee Member and Audit Committee Chairman    Since 2018 and Audit Committee Chairman since 2019; current term ends at the 2027 annual meeting    Professor, Washington University in St. Louis (education) from 1990 to present; Partner, R.J. Mithaiwala (food manufacturing and retail, India) from 1977 to present; Partner, F.F.B. Corporation (agriculture, India) from 1977 to present; Partner, RPMG Research Corporation (benchmark research) from 2001 to present.    7    Director of Caleres Inc. (footwear) from 2012 to present; Director and Board Chair at The Foundation for Barnes-Jewish Hospital (healthcare) from 2018 to present and 2024 to present, respectively; Director of First Bank (finance) from 2023 to present; Director of ENDI Corporation (finance) from 2023 to present; Director of The Oasis Institute
(not-for-profit)
from 2022 to present; Director of the Consortium for Graduate Study in Management from 2017 to 2023; Director of the Guardian Angels of St. Louis
(not-for-profit)
from 2015 to 2021.
Samantha Kappagoda
c/o UBS Asset Management (Americas) LLC
Attn: General Counsel
1285 Avenue of the Americas
New York, New York
10019
 
(1968)
   Director, Nominating Committee Chair and Audit Committee Member    Since 2023; current term ends at the 2026 annual meeting    Chief Economist, and Co-Founder Risk Economics, Inc. (economic analysis) from 2009 to present; Chief Data Scientist and
Co-Managing
Member, Numerati Partners LLC (research & development technology strategy) from 2012 to present; Affiliate of Analysis Group, Inc. (Economic Analysis) from 2023 to present.
   7    Member, Business Board of Governing Council at the University of Toronto from 2024 to present; Director of Girl Scouts of Greater New York (nonprofit) from 2014 to present; Visiting Scholar, Courant Institute of Mathematical Sciences, New York University (education) from 2011 to present; Member, Senior Editorial Advisory Board, Journal of Risk Finance, Emerald Publications (research) from 2005 to present.
 
58

Credit Suisse Asset Management Income Fund, Inc.
Information Concerning Directors and Officers (unaudited) (continued)
 
 
Name, Address
(Year of Birth)
  
Position(s)
Held with Fund
  
Term
of Office
1

and
Length
of Time
Served
  
Principal
Occupation(s)
During
Past Five Years
  
Number of
Portfolios in
Fund
Complex
Overseen by
Director
    
Other
Directorships
Held by Director
During Past Five Years
Lee M. Shaiman
c/o UBS Asset
Management
(Americas) LLC
Attn: General Counsel
1285 Avenue of the Americas
New York, New York
10019
 
(1956)
 
   Director, Nominating Committee and Audit Committee Member    Since 2024; current term ends at the 2026 annual
meeting
   Executive Director and Chief Executive Officer, Loan Syndications and Trading Association (financial trade association) from 2018 to 2024.      7      Director of Investcorp Credit Management BDC, Inc. (financial services) from 2019 to present.
Interested Director
              
John G. Popp
2
UBS Asset Management (Americas) LLC
1285 Avenue of the Americas
New York, New York
10019
 
(1956)
   Director and Chief Investment Officer; Chief Executive Officer and President (2010-2024).   
Director since
2013
 
Current term ends at the 2027 annual meeting
   Managing Director of UBS AM (Americas); Global Head and Chief Investment Officer of the Credit Investments Group; Associated with Credit Suisse Asset Management, LLC (Credit Suisse) or its predecessor and UBS AM (Americas) since 1997; Officer of other Credit Suisse Funds.      7      None.
 
1
 
Subject to the Fund’s retirement policy, no Director shall be presented to shareholders of the Fund for election at any meeting that is scheduled to occur after he/she has reached the age of 74 and a Director shall automatically be deemed to retire from the Board at the next annual shareholders’ meeting following the date that he/she reaches the age of 75 years even if his/her term of office has not expired on that date. The requirements of the retirement policy may be waived with respect to an individual Director.
2
 
Mr. Popp is an “interested person” of the Fund as defined in the 1940 Act, by virtue of his current position as an officer of UBS AM (Americas).
 
59

Credit Suisse Asset Management Income Fund, Inc.
Information Concerning Directors and Officers (unaudited) (continued)
 
 
Name, Address
(Year of Birth)
    
Position(s)
Held with Fund
    
Term
of Office
and Length
of Time
Served
    
Principal Occupation(s) During Past Five Years
Officers*
              
Omar Tariq
UBS Asset Management (Americas) LLC
1285 Avenue of the Americas
New York, New York
10019
 
(1983)
     Chief Executive Officer and President since 2024      Since 2024      Executive Director of UBS AM (Americas) since May 2024; Director of Credit Suisse from March 2019 to May 2024; Chief Financial Officer and Treasurer of the Credit Suisse Funds from 2019 to 2024; Associated with Credit Suisse and UBS AM (Americas) since May 2019; Senior Manager of PriceWaterhouseCoopers, LLP from September 2010 to March 2019; Officer of other Credit Suisse Funds.
Brandi Sinkovich
UBS Asset Management (Americas) LLC
1285 Avenue of the Americas
New York, New York
10019
 
(1979)
     Chief Compliance Officer      Since 2023      Executive Director of UBS AM (Americas) since May 2024; Director of Credit Suisse from January 2023 to May 2024; Vice President and Regulatory Counsel, Exos Financial from 2022 to 2023; Vice President and Compliance Officer, Neuberger Berman from 2019 to 2022; Vice President, Compliance, Goldman Sachs from 2017 to 2019; Associated with Credit Suisse and UBS AM (Americas) since January 2023; Officer of other Credit Suisse Funds.
Lou Anne McInnis
UBS Asset Management (Americas) LLC
Eleven Madison Avenue
New York, New York
10010
 
(1959)
     Chief Legal Officer      Since 2015      Executive Director of UBS AM (Americas) LLC since May 2024; Director of Credit Suisse from April 2015 to May 2024; Associated with Credit Suisse and UBS AM (Americas) since April 2015; Counsel at DLA Piper US LLP from 2011 to April 2015; Associated with Morgan Stanley Investment Management from 1997 to 2010; Officer of other Credit Suisse Funds.
Rose Ann Bubloski
UBS Asset Management (Americas) LLC
1285 Avenue of the Americas
New York, New York
10019
 
(1968)
     Chief Financial Officer and Treasurer      Since 2024      Director and Senior Manager of UBS Asset Management (Americas) LLC since 2011; Associated with UBS since March 1994; Officer of other Credit Suisse Funds.
Karen Regan
UBS Asset Management (Americas) LLC
Eleven Madison Avenue
New York, New York
10010
 
(1963)
     Senior Vice President and Secretary since 2024      Since 2010      Director of UBS AM (Americas) since May 2024; Vice President of Credit Suisse from January 2008 to May 2024; Associated with Credit Suisse and UBS AM (Americas) since December 2004; Officer of other Credit Suisse Funds.
The Statement of Additional Information includes additional information about the Directors and is available, without charge, upon request, by calling
877-870-2874.
 
*
The officers of the Fund shown are officers that make policy decisions.
 
60

Credit Suisse Asset Management Income Fund, Inc.
Proxy Voting and Portfolio Holdings Information (unaudited)
 
 
Information regarding how the Fund voted proxies related to its portfolio securities during the
12-month
period ended June 30 of each year, as well as the policies and procedures that the Fund uses to determine how to vote proxies relating to its portfolio securities are available:
 
   
By calling
1-800-293-1232
 
   
On the Fund’s website,
https://us-fund.ubs.com/en/home
 
   
On the website of the Securities and Exchange Commission (“SEC”) at www.sec.gov
The Fund files its complete schedule of portfolio holdings for the first and third quarters of its fiscal year with the SEC as an exhibit to its reports on Form
N-PORT.
The Fund’s Form
N-PORT
reports are available on the SEC’s website at www.sec.gov.
Funds Managed by UBS Asset Management (Americas) LLC
 
CLOSED-END
FUNDS
Fixed Income
Credit Suisse Asset Management Income Fund, Inc. (NYSE American: CIK)
Credit Suisse High Yield Credit Fund (NYSE American: DHY)
 
Literature Request
— Call today for free descriptive information on the closed-ended funds listed above at
1-800-293-1232
or visit our website at https://us-fund.ubs.com/en/home
OPEN-END
FUNDS
 
Credit Suisse Commodity Return Strategy Fund    Credit Suisse Strategic Income Fund
Credit Suisse Floating Rate High Income Fund    Credit Suisse Trust Commodity Return Strategy Portfolio
Fund shares are not deposits or other obligation of UBS Asset Management (Americas) LLC or any affiliate, are not FDIC-insured and are not guaranteed by UBS Asset Management (Americas) LLC or any affiliate. Fund investments are subject to investment risks, including loss of your investment. There are special risk considerations associated with international, global, emerging-markets, small-company, private equity, high-yield debt, single-industry, single-country and other special, aggressive or concentrated investment strategies. Past performance cannot guarantee future results.
More complete information about a fund, including charges and expenses, is provided in the Prospectus, which should be read carefully before investing. You may obtain copies by calling Credit Suisse Funds at
1-877-870-2874.
Performance information current to the most recent
month-end
is available at https://us-fund.ubs.com/en/home.
 
61

Credit Suisse Asset Management Income Fund, Inc.
Dividend Reinvestment and Cash Purchase Plan (unaudited)
 
 
Credit Suisse Asset Management Income Fund, Inc. (the “Fund”) offers a Dividend Reinvestment and Cash Purchase Plan (the “Plan”) to its common stockholders. The Plan offers common stockholders a prompt and simple way to reinvest net investment income dividends and capital gains and other periodic distributions in shares of the Fund’s common stock. Computershare Trust Company, N.A. (“Computershare”) acts as Plan Agent for stockholders in administering the Plan.
If your shares of common stock of the Fund are registered in your own name, you will automatically participate in the Plan, unless you have indicated that you do not wish to participate and instead wish to receive dividends and capital gains distributions in cash. If you are a beneficial owner of the Fund having your shares registered in the name of a bank, broker or other nominee, you must first make arrangements with the organization in whose name your shares are registered to have the shares transferred into your own name. Registered shareholders can join the Plan via the Internet by going to www.computershare.com, authenticating your online account, agreeing to the Terms and Conditions of online “Account Access” and completing an online Plan Enrollment Form. Alternatively, you can complete the Plan Enrollment Form and return it to Computershare at the address below.
By participating in the Plan, your dividends and distributions will be promptly paid to you in additional shares of common stock of the Fund. The number of shares to be issued to you will be determined by dividing the total amount of the distribution payable to you by the greater of (i) the net asset value per share (“NAV”) of the Fund’s common stock on the payment date, or (ii) 95% of the market price per share of the Fund’s common stock on the payment date. If the NAV of the Fund’s common stock is greater than the market price (plus estimated brokerage commissions) on the payment date, then Computershare (or a broker-dealer selected by Computershare) shall endeavor to apply the amount of such distribution on your shares to purchase shares of Fund common stock in the open market.
You should be aware that all net investment income dividends and capital gain distributions are taxable to you as ordinary income and capital gain, respectively, whether received in cash or reinvested in additional shares of the Fund’s common stock.
The Plan also permits participants to purchase shares of the Fund through Computershare. You may invest $100 or more monthly, with a maximum of $100,000 in any annual period. Computershare will purchase shares for you on the open market on the 25th of each month or the next trading day if the 25th is not a trading day.
There is no service fee payable by Plan participants for dividend reinvestment. For voluntary cash payments, Plan participants must pay a service fee of $5.00 per transaction. Plan participants will also be charged a pro rata share of the brokerage commissions for all open market purchases ($0.03 per share as of December 2025). Plan participants will also be charged a service fee of $5.00 for each sale and brokerage commissions of $0.03 per share (as of December 2025).
You may terminate your participation in the Plan at any time by notifying Computershare or requesting a sale of your shares held in the Plan. Your withdrawal will be effective immediately if your notice is received by Computershare prior to any dividend or distribution record date; otherwise, such termination will be effective only with respect to any subsequent dividend or distribution. Your dividend participation option will remain the same unless you withdraw all of your whole and fractional Plan shares, in which case your participation in the Plan will be terminated and you will receive subsequent dividends and capital gains distributions in cash instead of shares.
 
62

Credit Suisse Asset Management Income Fund, Inc.
Dividend Reinvestment and Cash Purchase Plan (unaudited) (continued)
 
 
If you want further information about the Plan, including a brochure describing the Plan in greater detail, please contact Computershare as follows:
 
  By Internet:
www.computershare.com
 
  By phone:
(800)
730-6001
(U.S. and Canada)
 
(781)
575-3100
(Outside U.S. and Canada)
Customer service associates are available from 9:00 a.m. to 5:00 p.m. Eastern time, Monday through Friday
 
  By mail:
Credit Suisse Asset Management Income Fund, Inc.
 
c/o Computershare
 
P.O. Box 43006
 
Providence, RI 02940-3006
Overnight correspondence should be sent to:
 
Computershare
 
150 Royall St., Suite 101
 
Canton, MA 02021
All notices, correspondence, questions or other communications sent by mail should be sent by registered or certified mail, return receipt requested.
The Plan may be terminated by the Fund or Computershare upon notice in writing mailed to each participant at least 30 days prior to any record date for the payment of any dividend or distribution.
 
63

This report, including the financial statements herein, is sent to the shareholders of the Fund for their information. It is not a prospectus, circular or representation intended for use in the purchase or sale of shares of the Fund or of any securities mentioned in this report.
 
 
CIK-AR-1225



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

CREDIT SUISSE ASSET MANAGEMENT INCOME FUND, INC.

 

 

/s/ Omar Tariq

 

Name:  Omar Tariq

 

Title:   Chief Executive Officer and President

 

Date:   March 25, 2026

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

 

/s/ Omar Tariq

 

Name:  Omar Tariq

 

Title:   Chief Executive Officer and President

 

Date:   March 25, 2026

 

/s/ Rose Ann Bubloski

 

Name:  Rose Ann Bubloski

 

Title:   Chief Financial Officer and Treasurer

 

Date:   March 25, 2026

 

3

ATTACHMENTS / EXHIBITS

CERTIFICATION PURSUANT TO SECTION 302

CERTIFICATION PURSUANT TO SECTION 906

XBRL TAXONOMY EXTENSION SCHEMA

IDEA: R1.htm

IDEA: FilingSummary.xml

IDEA: MetaLinks.json

IDEA: d126566dncsra_htm.xml



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