Credit Suisse Asset Management Income Fund Inc. Common Stock (CIK)

FairStock Score: 57/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

At $2.32 on 2026-10-13, this closed-end high-yield bond fund offers a 10.08% distribution yield and trades at 0.85 times book value, per FairStock. On the surface, that is a Graham-style bargain: paying less than book for a diversified pool of corporate credit. But the rest of the numbers counsel caution. FairStock's P/E is 58, and its Graham Number is only $1.60, leaving a negative 45% margin of safety. The fund's return on equity is 1.18% and return on capital employed is 3.97%; these are not the economics of a high-quality enterprise. The Piotroski F-Score is 0/9 and the Altman Z-Score is 0.76, both signaling financial fragility. A closed-end fund has no meaningful moat: it competes on distribution yield, credit selection, and expense ratio, none of which are visible here. Its high-yield mandate — debt rated Baa/BBB or lower — means credit risk is structural, not incidental. The low beta of 0.56 and 52-week range of $2.29 to $2.90 suggest the price is near its low, but that alone is not value. The Lynch category is 'none' because there are only 0 years of filed results, far short of the three needed; the historical evidence to judge consistency is lacking. The 57/100 FairStock Score reflects that mixed picture. A patient investor might see the discount to book and yield as compensation for credit and earnings risk. But with weak profitability, poor solvency scores, and price above the Graham Number, the evidence does not provide a clear margin of safety.

In plain English: This is a closed-end fund that invests in higher-risk U.S. corporate bonds. The business looks weak: profits are thin, financial health scores are poor, and there is little filed history. The price looks expensive compared with its earnings and a conservative value estimate, though it trades below book value and pays a very high dividend.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer