Credit Suisse asset management chair Laura DeFelice buys $119,036 in stock

Laura DeFelice, Chair of the Board astatine Credit Suisse Asset Management Income Fund Inc. (CIK), acquired a important fig of shares successful the company, according to a caller SEC filing. The fund, which boasts a notable 9.2% dividend output and has maintained dividend payments for 39 consecutive years according to InvestingPro, demonstrates beardown income-generating potential. On January 21, DeFelice purchased 40,766 shares of communal banal astatine a terms of $2.92 per share, totaling astir $119,036. Following this transaction, DeFelice present holds 47,402 shares directly. This acquisition reflects DeFelice's continued concern successful the institution and aligns with her relation arsenic a cardinal enforcement wrong the organization. The money maintains a GOOD fiscal wellness people and historically debased terms volatility with a beta of 0.7, arsenic revealed by InvestingPro data, which offers 4 further cardinal insights astir CIK's concern potential.

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