Credit Suisse Asset Management Income Fund (CIK) N-CSR Certified annual shareholder report (management investment company)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORMN-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

Investment Company Act FileNo. 811-05012

CREDIT SUISSE ASSET MANAGEMENT INCOME FUND, INC.

(Exact Name of Registrant as Specified in Charter)

Eleven Madison Avenue, New York, New York 10010

(Address of Principal Executive Offices) (Zip Code)

John G. Popp

Credit Suisse Asset Management Income Fund, Inc.

Eleven Madison Avenue

New York, New York 10010

Registrant’s telephone number, including area code: (212)325-2000

Date of fiscal year end: December 31st

Date of reporting period: January 1, 2019 to December 31, 2019

Item 1. Reports to Stockholders.

Credit Suisse Asset Management

Income Fund, Inc.

Eleven Madison Avenue

New York, NY 10010

Directors

Steven N. Rappaport

Chairman of the Board

Laura A. DeFelice

Jeffrey E. Garten

Mahendra R. Gupta

John G. Popp

Officers

John G. Popp

Chief Executive Officer and President

Thomas J. Flannery

Chief Investment Officer

Emidio Morizio

Chief Compliance Officer

Lou Anne McInnis

Chief Legal Officer

Omar Tariq

Chief Financial Officer and Treasurer

Karen Regan

Senior Vice President and Secretary

Investment Adviser

Credit Suisse Asset Management, LLC

Eleven Madison Avenue

New York, NY 10010

Administrator and Custodian

State Street Bank and Trust Co.

One Lincoln Street

Boston, MA 02111

Shareholder Servicing Agent

Computershare Trust Company, N.A.

P.O. Box 30170

College Station, TX 77842-3170

Legal Counsel

Willkie Farr & Gallagher LLP

787 7th Avenue

New York, NY 10019

Independent Registered Public Accounting Firm

KPMG LLP

345 Park Avenue

New York, NY 10154

Credit Suisse Asset Management

Income Fund, Inc.

ANNUAL REPORT

December 31, 2019

Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of the Fund’s shareholder reports will no longer be sent by mail, unless you specifically request paper copies of the reports from Credit Suisse Asset Management, LLC or from your financial intermediary, such as a broker-dealer or bank. Instead, the reports will be made available on a website, and you will be notified by mail each time a report is posted and provided with a website link to access the report.

You may elect to receive all future reports in paper free of charge. If you hold accounts directly with the Fund, you can call877-870-2874 to inform Credit Suisse Asset Management, LLC that you wish to continue receiving paper copies of your shareholder reports. If you hold accounts through a financial intermediary, you can contact your financial intermediary to request that you continue to receive paper copies of your shareholder reports. Please note that not all financial intermediaries may offer this service. Your election to receive reports in paper will apply to all funds advised by Credit Suisse Asset Management, LLC, or all funds held with your financial intermediary, as applicable.

If you already elected to receive shareholder reports electronically, you will not be affected by this change and you need not take any action. You may elect to receive electronic delivery of shareholder reports and other communications by: (i) accessing the Credit Suisse Asset Management, LLC website at www.credit-suisse.com/us/funds and logging into your accounts, if you hold accounts directly with the Fund, or (ii) contacting your financial intermediary, if you hold accounts through a financial intermediary. Please note that not all financial intermediaries may offer this service.

Credit Suisse Asset Management Income Fund, Inc.

Annual Investment Adviser’s Report

December 31, 2019 (unaudited)

January 15, 2020

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 the12-month period ended December 31, 2019.

Performance Summary

01/01/19 – 12/31/19

Fund & Benchmark	Performance
Total Return (based on NAV)1		18.17	%
Total Return (based on market value)1		26.71	%
ICE BofA US High Yield Constrained Index2		14.41	%

Market Review: A Positive Period for High Yield Assets

The12-month period ended December 31, 2019 was positive for the high yield asset class, with the ICE BofA US High Yield Constrained Index (the “Index”), the Fund’s benchmark, returning 14.41%. The high yield asset class exhibited strength in 2019, as market participants shook off economic growth concerns and the demand for yield increased as global interest rates declined. The asset class, in fact, had only one month of negative returns for the year. Momentum was fairly consistent throughout the period, although January was notably strong as investors looked to deploy cash at attractive spreads following the difficult trading environment of late 2018. Overall in 2019, yields declined, ending the period at 5.37%—256 basis points tighter than on December 31, 2018. Additionally, spreads tightened to +370 basis points, versus +537 basis points at the prior period end.

For the period,BB-rated bonds outperformed the Index, whileB-rated bonds performed in line with it, returning 15.73% and 14.36%, respectively. Conversely,CCC-rated bonds underperformed the Index with returns of 9.40%.

From an industry perspective, department stores, property and casualty, and integrated energy were the best performing sectors, returning 40.08%, 28.43% and 24.35%, respectively. In contrast, tobacco, energy—exploration and production, and oil field equipment & services were the worst performing sectors, returning 6.36%, 1.73% and-1.09%, respectively.

Default activity, as measured by JPMorgan and including distressed exchanges, ended the period at 2.86%—up 98 basis points due to an increase in energy and metals & mining-related defaults. It’s worth noting that current default rates, while elevated from 2018 levels, remain below long-term averages and distressed activity has been concentrated in secularly challenged sectors. Looking forward, JPMorgan expects default rates to remain stable over the next year.

During the12-month period, retail investors rushed back into the high yield asset class, driving positive fund flows in 9 months of the year. Additionally, actively managed mutual funds and ETFs saw $18.9 billion of inflows for the period—which compares to $46.9 billion of outflows in 2018.

New issuance activity was much stronger in 2019, as borrowers took advantage of lower long-term interest rates. In fact, with a total of $286.6 billion, new issuance had a 52% year-over-year increase, while net issuance (excluding volume associated with refinancing activity) was up 28%.

Strategic Review and Outlook: Promising Macro Indicators and Positive Market Fundamentals

For the12-month period ended December 31, 2019, the Fund outperformed the benchmark on both a market price and NAV basis. Allocations to high yield contributed to relative returns, while positioning in bank loans detracted.

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Credit Suisse Asset Management Income Fund, Inc.

Annual Investment Adviser’s Report (continued)

December 31, 2019 (unaudited)

From a sector perspective, an underweight to energy and positive security selection in services contributed the most to relative returns, while negative security selection in consumer goods sector detracted the most. Within ratings categories,B2- andC-rated positions were the greatest positive contributors to relative performance, while Caa2 was the most significant detractor. Leverage in the portfolio also contributed to overall returns.

By the end of 2019, market sentiment was in a much better place than at the start of the year. Monetary policy in the United States is expected to take a breather, as interest rates continue to decline globally. This should make U.S. credit markets a stable and attractive home for investor capital. We remain positive on underlying market fundamentals and continue to see promising macro indicators within our company analysis across industries. We do not expect a significant increase in distressed activity and believe that energy—the most challenged sector in 2019—seems to have found some relief in early 2020.

Thomas J. Flannery Chief Investment Officer*	John G. Popp Chief Executive Officer and President**

High yield bonds are lower-quality bonds that are also known as “junk bonds.” Such bonds 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, 2019; these views and Fund holdings may have changed subsequent to these dates. Nothing in this document is a recommendation to purchase or sell securities.

¹ Assuming reinvestment of dividends of $0.270 share.

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.

* Thomas J. Flannery, Managing Director, is the Head of the Credit Suisse U.S. High Yield Management Team. Mr. Flannery joined Credit Suisse Asset Management, LLC (“Credit Suisse”) in June 2010. He is a portfolio manager for the Credit Investments Group (“CIG”) with responsibility for trading, directing investment decisions, originating and analyzing investment opportunities. Mr. Flannery is also a member of the CIG Credit Committee and is currently a high yield bond portfolio manager and trader for CIG. Mr. Flannery joined Credit Suisse AG in 2000 from First Dominion Capital, LLC where he was an Associate. Mr. Flannery holds a B.S. in Finance from Georgetown University.

** John G. Popp is a Managing Director of Credit Suisse and Group Head and Chief Investment Officer of CIG, with primary responsibility for making investment decisions and monitoring processes for CIG’s global investment strategies. Mr. Popp also serves as Trustee, Chief Executive Officer and President of the Credit Suisse Funds, as well as serving as Director, Chief Executive Officer and President for the Credit Suisse Asset Management Income Fund, Inc. and Trustee, Chief Executive Officer and President of the Credit Suisse High Yield Bond Fund. Mr. Popp has been associated with Credit Suisse since 1997.

2

Credit Suisse Asset Management Income Fund, Inc.

Annual Investment Adviser’s Report (continued)

December 31, 2019 (unaudited)

Credit Quality Breakdown*

(% of Total Investments as of December 31, 2019)

S&P Ratings**

BBB	0.9	%
BB	27.8
B	42.2
CCC	25.3
CC	0.4
NR	2.3
Subtotal	98.9
Equity and Other	1.1
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 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.

Average Annual Returns

December 31, 2019 (unaudited)

	1 Year		3 Years		5 Years		10 Years
Net Asset Value (NAV)		18.17%		8.70%		8.05%		8.59%
Market Value		26.71%		9.38%		8.44%		8.37%

Credit Suisse may waive fees and/or reimburse expenses, without which performance would be lower. Waivers and/or reimbursements are subject to change and may be discontinued at any time. Returns represent past performance. 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.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 calling1-800-293-1232.

The annualized gross and net expense ratios are 1.92%.

3

Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments

December 31, 2019

Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value
	CORPORATE BONDS(94.0%)
	Aerospace and Defense(1.3%)
$	800	TransDigm, Inc., Global Company Guaranteed Notes (Callable 03/15/22 @ 103.75)	(B-, B3)		03/15/27		7.500	$	876,520
	1,250	TransDigm, Inc., Rule 144A, Senior Secured Notes (Callable 03/15/22 @ 103.13)(1)	(B+, Ba3)		03/15/26		6.250		1,355,605
	200	Triumph Group, Inc., Rule 144A, Secured Notes (Callable 09/15/20 @ 103.13)(1)	(B+, B3)		09/15/24		6.250		210,667
									2,442,792
	Auto Parts & Equipment(2.6%)
	1,300	Cooper-Standard Automotive, Inc., Rule 144A, Company Guaranteed Notes (Callable 11/15/21 @ 102.81)(1)	(B-, B2)		11/15/26		5.625		1,228,952
	625	Delphi Technologies PLC, Rule 144A, Company Guaranteed Notes(1),(2)	(BB-, B1)		10/01/25		5.000		579,688
	2,310	Panther Finance Co., Inc., Rule 144A, Company Guaranteed Notes (Callable 05/15/22 @ 104.25)(1)	(B, B3)		05/15/27		8.500		2,458,648
	350	Panther Finance Co., Inc., Rule 144A, Senior Secured Notes (Callable 05/15/22 @ 103.13)(1)	(B+, Ba3)		05/15/26		6.250		377,781
									4,645,069
	Brokerage(1.4%)
	2,375	LPL Holdings, Inc., Rule 144A, Company Guaranteed Notes (Callable 03/15/20 @ 104.31)(1)	(BB, B1)		09/15/25		5.750		2,490,757
	Building & Construction(0.6%)
	1,025	TopBuild Corp., Rule 144A, Company Guaranteed Notes (Callable 05/01/21 @ 102.81)(1)	(BB, B1)		05/01/26		5.625		1,074,044
	Building Materials(5.8%)
	1,455	BMC East LLC, Rule 144A, Senior Secured Notes (Callable 01/16/20 @ 104.13)(1)	(BB, B1)		10/01/24		5.500		1,517,441
	325	Core & Main LP, Rule 144A, Senior Unsecured Notes (Callable 08/15/20 @ 103.06)(1)	(B-, Caa2)		08/15/25		6.125		339,622
	1,050	Installed Building Products, Inc., Rule 144A, Company Guaranteed Notes (Callable 02/01/23 @ 102.88)(1)	(B+, B3)		02/01/28		5.750		1,125,177
	1,650	James Hardie International Finance DAC, Rule 144A, Company Guaranteed Notes (Callable 01/15/23 @ 102.50)(1)	(BB, Ba1)		01/15/28		5.000		1,737,199
	500	Jeld-Wen, Inc., Rule 144A, Company Guaranteed Notes (Callable 12/15/22 @ 102.44)(1)	(BB-, B1)		12/15/27		4.875		512,674
	2,950	Omnimax International, Inc., Rule 144A, Senior Secured Notes (Callable 01/16/20 @ 100.00)(1)	(CCC, Caa1)		08/15/20		12.000		2,929,018
	2,450	PriSo Acquisition Corp., Rule 144A, Senior Unsecured Notes (Callable 01/31/20 @ 102.25)(1),(2)	(CCC+, Caa1)		05/15/23		9.000		2,437,750
									10,598,881
	Cable & Satellite TV(4.6%)
	685	CSC Holdings LLC, Global Senior Unsecured Notes	(B, B3)		06/01/24		5.250		739,516
	594	CSC Holdings LLC, Rule 144A, Company Guaranteed Notes (Callable 01/13/20 @ 102.69)(1)	(BB, Ba3)		07/15/23		5.375		610,088
	850	CSC Holdings LLC, Rule 144A, Company Guaranteed Notes (Callable 02/01/23 @ 102.69)(1)	(BB, Ba3)		02/01/28		5.375		908,287	��
	50	CSC Holdings LLC, Rule 144A, Company Guaranteed Notes (Callable 04/15/22 @ 102.75)(1)	(BB, Ba3)		04/15/27		5.500		53,785

See Accompanying Notes to Financial Statements.

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Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

December 31, 2019

Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value
	CORPORATE BONDS(continued)
	Cable & Satellite TV
$	500	CSC Holdings LLC, Rule 144A, Company Guaranteed Notes (Callable 05/15/21 @ 102.75)(1)	(BB, Ba3)		05/15/26		5.500	$	530,531
	400	CSC Holdings LLC, Rule 144A, Company Guaranteed Notes (Callable 10/15/20 @ 103.31)(1)	(BB, Ba3)		10/15/25		6.625		426,496
	335	CSC Holdings LLC, Rule 144A, Senior Unsecured Notes (Callable 10/15/20 @ 105.44)(1)	(B, B3)		10/15/25		10.875		374,991
	1,023	Midcontinent Finance Corp., Rule 144A, Company Guaranteed Notes (Callable 08/15/22 @ 102.69)(1)	(B, B3)		08/15/27		5.375		1,084,735
	1,400	Telenet Finance Luxembourg Notes Sarl, Rule 144A, Senior Secured Notes (Callable 12/01/22 @ 102.75)(1)	(BB-, Ba3)		03/01/28		5.500		1,507,100
	500	Virgin Media Secured Finance PLC, Rule 144A, Senior Secured Notes (Callable 04/15/22 @ 102.50)(1),(3)	(BB-, Ba3)		04/15/27		5.000		703,288
	1,350	Ziggo B.V., Rule 144A, Senior Secured Notes (Callable 01/15/22 @ 102.75)(1)	(B+, B1)		01/15/27		5.500		1,436,873
									8,375,690
	Chemicals(6.3%)
	1,500	Alpha U.S. Bidco, Inc., Rule 144A, Company Guaranteed Notes (Callable 02/01/20 @ 103.13)(1)	(CCC+, Caa1)		02/01/25		6.250		1,545,000
	1,700	Atotech Alpha 2 B.V., 8.75% Cash, 9.50% PIK, Rule 144A, Senior Unsecured Notes (Callable 01/31/20 @ 102.00)(1),(4)	(CCC+, Caa1)		06/01/23		8.750		1,738,955
	500	GCP Applied Technologies, Inc. Rule 144A, Company Guaranteed Notes (Callable 04/15/21 @ 102.75)(1)	(BB, B1)		04/15/26		5.500		526,424
	1,440	Ingevity Corp., Rule 144A, Company Guaranteed Notes (Callable 02/01/21 @ 102.25)(1)	(NR, Ba3)		02/01/26		4.500		1,465,700
	1,000	Nufarm Americas, Inc., Rule 144A, Company Guaranteed Notes (Callable 04/30/21 @ 102.88)(1)	(BB-, B1)		04/30/26		5.750		987,847	��
	500	PQ Corp., Rule 144A, Senior Secured Notes (Callable 01/31/20 @ 103.38)(1)	(BB-, B1)		11/15/22		6.750		518,122
	276	Reichhold Industries, Inc., Rule 144A, Senior Secured Notes(1),(5),(6),(7),(8)	(NR, NR)		05/01/18		9.000		3,730
	575	Starfruit U.S. Holdco LLC, Rule 144A, Senior Unsecured Notes (Callable 10/01/21 @ 104.00)(1),(2)	(B-, Caa1)		10/01/26		8.000		610,952
	800	Starfruit U.S. Holdco LLC, Rule 144A, Senior Unsecured Notes (Callable 10/01/21 @ 103.25)(1),(9)	(B-, Caa1)		10/01/26		6.500		965,350
	1,500	Tronox, Inc., Rule 144A, Company Guaranteed Notes (Callable 04/15/21 @ 103.25)(1)	(B, B3)		04/15/26		6.500		1,549,087
	1,700	Venator Materials LLC, Rule 144A, Company Guaranteed Notes (Callable 07/15/20 @ 104.31)(1)	(BB-, B2)		07/15/25		5.750		1,572,500
									11,483,667
	Diversified Capital Goods(1.7%)
	900	Anixter, Inc., Global Company Guaranteed Notes	(BB, Ba3)		03/01/23		5.500		949,873
	500	Anixter, Inc., Global Company Guaranteed Notes (Callable 09/01/25 @ 100.00)	(BB, Ba3)		12/01/25		6.000		521,458
	470	EnerSys, Rule 144A, Company Guaranteed Notes (Callable 01/30/23 @ 100.00)(1)	(BB+, Ba3)		04/30/23		5.000		493,695
	1,000	Stevens Holding Co., Inc., Rule 144A, Company Guaranteed Notes (Callable 10/01/23 @ 101.53)(1)	(B+, B2)		10/01/26		6.125		1,095,347
									3,060,373

See Accompanying Notes to Financial Statements.

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Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

December 31, 2019

Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value
	CORPORATE BONDS(continued)
	Electronics(1.7%)
$	1,750	Entegris, Inc., Rule 144A, Company Guaranteed Notes (Callable 11/10/20 @ 103.47)(1)	(BB, Ba2)		02/10/26		4.625	$	1,814,487
	1,200	Sensata Technologies B.V., Rule 144A, Company Guaranteed Notes(1)	(BB+, Ba3)		10/01/25		5.000		1,306,002
									3,120,489
	Energy - Exploration & Production(1.9%)
	525	Aker BP ASA, Rule 144A, Senior Unsecured Notes (Callable 03/31/21 @ 102.94)(1)	(BBB-, Ba1)		03/31/25		5.875		559,125
	1,432	Talos Production Finance, Inc., Global Secured Notes (Callable 01/31/20 @ 105.50)	(NR, NR)		04/03/22		11.000		1,468,488
	1,500	W&T Offshore, Inc., Rule 144A, Secured Notes (Callable 11/01/20 @ 104.88)(1)	(B+, B3)		11/01/23		9.750		1,434,360
									3,461,973
	Environmental(0.2%)
	425	GFL Environmental, Inc., Rule 144A, Senior Secured Notes (Callable 12/15/22 @ 102.56)(1)	(B+, B1)		12/15/26		5.125		447,899
	Forestry & Paper(0.3%)
	525	Norbord, Inc., Rule 144A, Senior Secured Notes (Callable 07/15/22 @ 102.88)(1)	(BB+, Ba1)		07/15/27		5.750		546,182
	Gaming(3.9%)
	500	Boyd Gaming Corp., Global Company Guaranteed Notes (Callable 08/15/21 @ 103.00)	(B+, B3)		08/15/26		6.000		537,674
	1,750	Churchill Downs, Inc., Rule 144A, Company Guaranteed Notes (Callable 01/15/23 @ 102.38)(1)	(B+, Ba3)		01/15/28		4.750		1,810,112
	2,293	Gateway Casinos & Entertainment Ltd., Rule 144A, Secured Notes (Callable 03/01/20 @ 104.13)(1)	(CCC+, Caa1)		03/01/24		8.250		2,351,277
	1,469	Jacobs Entertainment, Inc., Rule 144A, Secured Notes (Callable 02/01/20 @ 105.91)(1)	(B, B2)		02/01/24		7.875		1,565,095
	750	MGP FinanceCo-Issuer, Inc., Rule 144A, Company Guaranteed Notes (Callable 11/01/26 @ 100.00)(1)	(BB-, B1)		02/01/27		5.750		837,187
									7,101,345
	Gas Distribution(1.6%)
	750	Genesis Energy Finance Corp., Company Guaranteed Notes (Callable 01/31/20 @ 102.81)	(B+, B1)		06/15/24		5.625		725,936
	164	Genesis Energy Finance Corp., Company Guaranteed Notes (Callable 01/31/20 @ 103.00)	(B+, B1)		05/15/23		6.000		162,838
	675	Genesis Energy Finance Corp., Company Guaranteed Notes (Callable 02/15/21 @ 104.69)	(B+, B1)		05/15/26		6.250		646,547
	425	Genesis Energy Finance Corp., Company Guaranteed Notes (Callable 10/01/20 @ 104.88)	(B+, B1)		10/01/25		6.500		412,246
	1,000	Holly Energy Finance Corp., Rule 144A, Company Guaranteed Notes (Callable 01/16/20 @ 104.50)(1)	(BB, B1)		08/01/24		6.000		1,044,990
									2,992,557
	Health Facilities(1.5%)
	750	HCA, Inc., Company Guaranteed Notes (Callable 03/01/28 @ 100.00)	(BB-, Ba2)		09/01/28		5.625		856,087
	1,263	Sabra Health Care LP, Global Company Guaranteed Notes (Callable 05/15/26 @ 100.00)	(BBB-, Ba1)		08/15/26		5.125		1,361,357
	500	Surgery Center Holdings, Inc., Rule 144A, Company Guaranteed Notes (Callable 04/15/22 @ 105.00)(1)	(CCC, Caa2)		04/15/27		10.000		550,174
									2,767,618

See Accompanying Notes to Financial Statements.

6

Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

December 31, 2019

Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value
	CORPORATE BONDS(continued)
	Health Services(0.5%)
$	925	AMN Healthcare, Inc., Rule 144A, Company Guaranteed Notes (Callable 02/14/20 @ 103.84)(1)	(BB-, Ba2)		10/01/24		5.125	$	960,071
	Insurance Brokerage(3.8%)
	1,000	Acrisure Finance, Inc., Rule 144A, Senior Unsecured Notes (Callable 08/01/22 @ 107.59)(1)	(CCC+, Caa2)		08/01/26		10.125		1,079,873
	2,000	Acrisure Finance, Inc., Rule 144A, Senior Unsecured Notes (Callable 11/15/20 @ 103.50)(1)	(CCC+, Caa2)		11/15/25		7.000		1,934,980
	780	GTCR AP Finance, Inc., Rule 144A, Senior Unsecured Notes (Callable 05/15/22 @ 104.00)(1)	(CCC+, Caa2)		05/15/27		8.000		813,421
	2,560	NFP Corp., Rule 144A, Senior Unsecured Notes (Callable 07/15/20 @ 103.44)(1)	(CCC+, Caa2)		07/15/25		6.875		2,572,774
	415	NFP Corp., Rule 144A, Senior Unsecured Notes (Callable 07/15/20 @ 104.00)(1)	(CCC+, Caa2)		07/15/25		8.000		424,510
									6,825,558
	Investments & Misc. Financial Services(1.4%)
	2,425	Compass Group Diversified Holdings LLC, Rule 144A, Senior Unsecured Notes (Callable 05/01/21 @ 104.00)(1)	(B, B3)		05/01/26		8.000		2,631,968
	Machinery(1.1%)
	100	Granite Holdings U.S. Acquisition Co., Rule 144A, Company Guaranteed Notes (Callable 10/01/22 @ 105.50)(1)	(B-, Caa1)		10/01/27		11.000		101,535
	225	Harsco Corp. Rule 144A, Company Guaranteed Notes (Callable 07/31/22 @ 102.88)(1)	(BB-, Ba2)		07/31/27		5.750		240,479
	1,600	Rexnord LLC, Rule 144A, Company Guaranteed Notes (Callable 12/15/20 @ 102.44)(1)	(BB-, B1)		12/15/25		4.875		1,655,984
									1,997,998
	Media - Diversified(0.4%)
	550	National CineMedia LLC, Global Senior Unsecured Notes (Callable 08/15/21 @ 102.88)	(B-, B3)		08/15/26		5.750		539,191
	250	National CineMedia LLC, Rule 144A, Senior Secured Notes (Callable 04/15/23 @ 102.94)(1)	(B+, Ba3)		04/15/28		5.875		266,337
									805,528
	Media Content(1.7%)
	900	Diamond Sports Finance Co., Rule 144A, Company Guaranteed Notes (Callable 08/15/22 @ 103.31)(1),(2)	(B, B2)		08/15/27		6.625		876,915
	615	Diamond Sports Finance Co., Rule 144A, Senior Secured Notes (Callable 08/15/22 @ 102.69)(1)	(BB, Ba2)		08/15/26		5.375		623,257
	925	Netflix, Inc., Global Senior Unsecured Notes	(BB-, Ba3)		11/15/28		5.875		1,027,129
	587	Sirius XM Radio, Inc., Rule 144A, Company Guaranteed Notes (Callable 07/01/24 @ 102.75)(1)	(BB, Ba3)		07/01/29		5.500		635,774
									3,163,075
	Metals & Mining - Excluding Steel(3.2%)
	1,550	Cleveland-Cliffs, Inc., Rule 144A, Senior Secured Notes (Callable 01/15/21 @ 102.44)(1)	(BB, Ba2)		01/15/24		4.875		1,587,378
	1,500	First Quantum Minerals Ltd., Rule 144A, Company Guaranteed Notes (Callable 03/01/21 @ 105.16)(1)	(B-, NR)		03/01/26		6.875		1,521,525

See Accompanying Notes to Financial Statements.

7

Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

December 31, 2019

Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value
	CORPORATE BONDS(continued)
	Metals & Mining - Excluding Steel
$	620	Kaiser Aluminum Corp., Rule 144A, Company Guaranteed Notes (Callable 03/01/23 @ 102.31)(1)	(BB+, Ba3)		03/01/28		4.625	$	637,267
	2,550	Taseko Mines Ltd., Rule 144A, Senior Secured Notes (Callable 01/31/20 @ 104.38)(1),(6)	(B-, B3)		06/15/22		8.750		2,123,671
									5,869,841
	Oil Field Equipment & Services(2.0%)
	200	KCA Deutag UK Finance PLC, Rule 144A, Senior Secured Notes (Callable 01/31/20 @ 100.00)(1)	(CCC+, Caa1)		05/15/21		7.250		136,580
	1,000	KCA Deutag UK Finance PLC, Rule 144A, Senior Secured Notes (Callable 04/01/20 @ 109.88)(1),(2)	(CCC+, Caa1)		04/01/22		9.875		682,812
	1,710	Pioneer Energy Services Corp., Global Company Guaranteed Notes (Callable 01/31/20 @ 101.53)	(CC, Caa2)		03/15/22		6.125		397,575
	2,500	Shelf Drilling Holdings Ltd., Rule 144A, Company Guaranteed Notes (Callable 02/15/21 @ 106.19)(1)	(B-, B3)		02/15/25		8.250		2,387,475
									3,604,442
	Oil Refining & Marketing(0.7%)
	1,250	Coffeyville Finance, Inc., Global Company Guaranteed Notes (Callable 01/31/20 @ 101.08)	(BB-, B1)		11/01/22		6.500		1,268,741
	Packaging(3.2%)
	1,050	Ardagh Holdings U.S.A., Inc., Rule 144A, Company Guaranteed Notes (Callable 02/15/20 @ 104.50)(1)	(B, B3)		02/15/25		6.000		1,103,813
	133	Crown Americas Capital Corp. VI, Global Company Guaranteed Notes (Callable 02/01/21 @ 103.56)	(BB-, Ba3)		02/01/26		4.750		140,860
	2,000	Flex Acquisition Co., Inc., Rule 144A, Senior Unsecured Notes (Callable 01/31/20 @ 103.44)(1)	(CCC+, Caa2)		01/15/25		6.875		2,019,980
	2,050	TriMas Corp., Rule 144A, Company Guaranteed Notes (Callable 10/15/20 @ 102.44)(1)	(BB-, Ba3)		10/15/25		4.875		2,115,344
	350	Trivium Packaging Finance B.V., Rule 144A, Senior Secured Notes (Callable 08/15/22 @ 102.75)(1)	(B+, B2)		08/15/26		5.500		369,468
									5,749,465
	Personal & Household Products(1.5%)
	1,350	High Ridge Brands Co., Rule 144A, Company Guaranteed Notes (Callable 03/15/20 @ 104.44)(1),(5)	(NR, NR)		03/15/25		8.875		10,125
	250	Mattel, Inc., Rule 144A, Company Guaranteed Notes (Callable 12/15/22 @ 104.41)(1)	(BB-, B1)		12/15/27		5.875		263,900
	1,174	Mattel, Inc., Rule 144A, Company Guaranteed Notes (Callable 12/31/20 @ 105.06)(1)	(BB-, B1)		12/31/25		6.750		1,264,263
	1,150	Prestige Brands, Inc., Rule 144A, Company Guaranteed Notes (Callable 01/31/20 @ 104.78)(1)	(B+, B3)		03/01/24		6.375		1,198,398
									2,736,686
	Pharmaceuticals(5.1%)
	500	Bausch Health Americas, Inc., Rule 144A, Company Guaranteed Notes (Callable 04/01/22 @ 104.63)(1)	(B, B3)		04/01/26		9.250		575,225
	1,100	Bausch Health Cos., Inc. Rule 144A, Company Guaranteed Notes (Callable 05/30/24 @ 103.63)(1)	(B, B3)		05/30/29		7.250		1,258,785

See Accompanying Notes to Financial Statements.

8

Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

December 31, 2019

Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value
	CORPORATE BONDS(continued)
	Pharmaceuticals
$	700	Bausch Health Cos., Inc. Rule 144A, Senior Unsecured Notes (Callable 01/30/25 @ 102.63)(1)	(B, B3)		01/30/30		5.250	$	727,650
	589	Bausch Health Cos., Inc., Rule 144A, Company Guaranteed Notes (Callable 01/31/20 @ 101.47)(1)	(B, B3)		05/15/23		5.875		594,522
	250	Bausch Health Cos., Inc., Rule 144A, Company Guaranteed Notes (Callable 12/15/21 @ 104.50)(1)	(B, B3)		12/15/25		9.000		284,925
	1,300	Bausch Health Cos., Inc., Rule 144A, Senior Secured Notes (Callable 03/15/20 @ 103.50)(1)	(BB, Ba2)		03/15/24		7.000		1,354,710
	1,000	Catalent Pharma Solutions, Inc., Rule 144A, Company Guaranteed Notes (Callable 10/15/20 @ 102.44)(1)	(B+, B3)		01/15/26		4.875		1,037,847
	410	Endo Finance LLC, Rule 144A, Company Guaranteed Notes (Callable 01/31/20 @ 103.00)(1)	(CCC+, Caa2)		07/15/23		6.000		297,246
	500	Endo Finance LLC, Rule 144A, Company Guaranteed Notes (Callable 02/01/20 @ 103.00)(1)	(CCC+, Caa2)		02/01/25		6.000		338,595
	650	Endo Finance LLC, Rule 144A, Senior Secured Notes (Callable 04/15/20 @ 102.94)(1)	(B+, B1)		10/15/24		5.875		632,395
	800	Horizon Therapeutics U.S.A., Inc., Rule 144A, Company Guaranteed Notes (Callable 08/01/22 @ 104.13)(1)	(BB-, B1)		08/01/27		5.500		865,560
	1,782	Owens & Minor, Inc., Global Senior Secured Notes (Callable 09/15/24 @ 100.00)	(B, B3)		12/15/24		4.375		1,359,515
									9,326,975
	Real Estate Development & Management(1.0%)
	1,645	Newmark Group, Inc., Global Senior Unsecured Notes (Callable 10/15/23 @ 100.00)	(BB+, NR)		11/15/23		6.125		1,815,230
	Real Estate Investment Trusts(1.9%)
	2,100	ESH Hospitality, Inc., Rule 144A, Company Guaranteed Notes (Callable 05/01/20 @ 102.63)(1)	(BB-, Ba3)		05/01/25		5.250		2,175,253
	1,000	iStar, Inc., Senior Unsecured Notes (Callable 01/31/20 @ 102.63)	(BB, Ba3)		09/15/22		5.250		1,029,062
	165	Starwood Property Trust, Inc., Global Senior Unsecured Notes (Callable 09/15/21 @ 100.00)	(BB-, Ba3)		12/15/21		5.000		171,559
									3,375,874
	Recreation & Travel(4.2%)
	1,250	Boyne U.S.A., Inc., Rule 144A, Secured Notes (Callable 05/01/21 @ 103.63)(1)	(B, B1)		05/01/25		7.250		1,363,019
	1,035	Canada’s Wonderland Co., Global Company Guaranteed Notes (Callable 04/15/22 @ 102.69)	(BB-, B1)		04/15/27		5.375		1,116,146
	1,325	Cedar Fair LP, Rule 144A, Company Guaranteed Notes (Callable 07/15/24 @ 102.63)(1)	(BB-, B1)		07/15/29		5.250		1,430,139
	750	Merlin Entertainments PLC, Rule 144A, Company Guaranteed Notes (Callable 03/17/26 @ 100.00)(1)	(B+, Ba3)		06/15/26		5.750		823,386
	500	Motion Bondco DAC, Rule 144A, Senior Secured Notes (Callable 11/15/22 @ 103.31)(1),(2)	(B-, B3)		11/15/27		6.625		530,625
	1,150	Six Flags Entertainment Corp., Rule 144A, Company Guaranteed Notes (Callable 01/31/20 @ 103.66)(1)	(BB-, B2)		07/31/24		4.875		1,194,085
	650	Six Flags Entertainment Corp., Rule 144A, Company Guaranteed Notes (Callable 04/15/22 @ 102.75)(1)	(BB-, B2)		04/15/27		5.500		694,265

See Accompanying Notes to Financial Statements.

9

Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

December 31, 2019

Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value
	CORPORATE BONDS(continued)
	Recreation & Travel
$	500	Speedway Funding II, Inc., Rule 144A, Senior Unsecured Notes (Callable 11/01/22 @ 102.44)(1)	(BB+, B1)		11/01/27		4.875	$	508,125
									7,659,790
	Restaurants(2.4%)
	2,100	Golden Nugget, Inc., Rule 144A, Senior Unsecured Notes (Callable 01/31/20 @ 103.38)(1)	(CCC+, B3)		10/15/24		6.750		2,178,729
	2,075	New Red Finance, Inc., Rule 144A, Secured Notes (Callable 10/15/20 @ 102.50)(1)	(B+, B2)		10/15/25		5.000		2,146,764
									4,325,493
	Software - Services (4.5%)
	1,000	CDK Global, Inc., Global Senior Unsecured Notes (Callable 06/01/22 @ 102.44)	(BB+, Ba1)		06/01/27		4.875		1,058,572
	937	Epicor Software Corp., Rule 144A, Secured Notes (Callable 01/31/20 @ 100.00), LIBOR 3M + 7.250%(1),(10)	(CCC, Caa2)		06/30/23		9.190		935,205
	1,416	GD Finance Co., Inc., Rule 144A, Company Guaranteed Notes (Callable 06/01/22 @ 102.63)(1)	(BB-, B1)		12/01/27		5.250		1,492,960
	900	Infor U.S., Inc., Company Guaranteed Notes (Callable 01/15/20 @ 101.44)(9)	(CCC+, Caa1)		05/15/22		5.750		1,027,121
	2,675	Solera Finance, Inc., Rule 144A, Senior Unsecured Notes (Callable 01/31/20 @ 107.88)(1)	(CCC+, Caa1)		03/01/24		10.500		2,843,913
	750	SS&C Technologies, Inc., Rule 144A, Company Guaranteed Notes (Callable 03/30/22 @ 104.13)(1)	(B+, B2)		09/30/27		5.500		802,031
									8,159,802
	Specialty Retail(3.1%)
	950	eG Global Finance PLC, Rule 144A, Senior Secured Notes (Callable 10/30/21 @ 104.25)(1)	(B, B2)		10/30/25		8.500		1,010,168
	500	GrubHub Holdings, Inc., Rule 144A, Company Guaranteed Notes (Callable 07/01/22 @ 102.75)(1)	(BB-, B1)		07/01/27		5.500		469,075
	1,000	Lithia Motors, Inc., Rule 144A, Company Guaranteed Notes (Callable 08/01/20 @ 103.94)(1)	(BB, Ba2)		08/01/25		5.250		1,049,165
	750	Penske Automotive Group, Inc., Company Guaranteed Notes (Callable 01/31/20 @ 102.69)	(B+, Ba3)		12/01/24		5.375		773,749
	1,000	Penske Automotive Group, Inc., Company Guaranteed Notes (Callable 05/15/21 @ 102.75)	(B+, Ba3)		05/15/26		5.500		1,049,350
	1,650	Ruyi U.S. Finance LLC, Rule 144A, Senior Secured Notes (Callable 05/01/21 @ 105.63)(1)	(CCC+, B3)		05/01/25		7.500		1,308,310
									5,659,817
	Steel Producers/Products(0.5%)
	500	Allegheny Technologies, Inc., Global Senior Unsecured Notes (Callable 12/01/22 @ 102.94)	(B, B2)		12/01/27		5.875		525,250
	400	Zekelman Industries, Inc., Rule 144A, Senior Secured Notes (Callable 01/31/20 @ 104.94)(1)	(B, B3)		06/15/23		9.875		420,750
									946,000

See Accompanying Notes to Financial Statements.

10

Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

December 31, 2019

Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value
	CORPORATE BONDS(continued)
	Support - Services(5.3%)
$	575	CoreCivic, Inc., Company Guaranteed Notes (Callable 07/15/27 @ 100.00)	(BB, Ba1)		10/15/27		4.750	$	498,827
	560	Gartner, Inc., Rule 144A, Company Guaranteed Notes (Callable 04/01/20 @ 103.84)(1)	(BB-, B1)		04/01/25		5.125		584,268
	1,635	Gems Education Delaware LLC, Rule 144A, Senior Secured Notes (Callable 07/31/22 @ 103.56)(1)	(B, B2)		07/31/26		7.125		1,723,838
	1,467	KAR Auction Services, Inc., Rule 144A, Company Guaranteed Notes (Callable 06/01/20 @ 103.84)(1)	(B+, B3)		06/01/25		5.125		1,528,739
	625	Korn Ferry, Rule 144A, Senior Unsecured Notes (Callable 12/15/22 @ 102.31)(1)	(BB, Ba3)		12/15/27		4.625		629,687
	663	Sabre GLBL, Inc. Rule 144A, Senior Secured Notes (Callable 01/31/20 @ 102.63)(1)	(BB, Ba2)		11/15/23		5.250		682,055
	1,112	Tempo Acquisition Finance Corp., Rule 144A, Senior Unsecured Notes (Callable 06/01/20 @ 103.38)(1)	(CCC+, Caa1)		06/01/25		6.750		1,150,909
	253	United Rentals North America, Inc., Company Guaranteed Notes (Callable 01/15/23 @ 102.44)	(BB-, Ba3)		01/15/28		4.875		263,899
	1,782	WeWork Cos., Inc., Rule 144A, Company Guaranteed Notes(1),(2)	(B, NR)		05/01/25		7.875		1,474,587
	1,100	Williams Scotsman International, Inc., Rule 144A, Senior Secured Notes (Callable 08/15/20 @ 103.44)(1)	(B, B3)		08/15/23		6.875		1,160,956
									9,697,765
	Tech Hardware & Equipment(1.6%)
	525	CommScope Technologies LLC, Rule 144A, Company Guaranteed Notes (Callable 03/15/22 @ 102.50)(1)	(B-, B3)		03/15/27		5.000		494,826
	875	CommScope Technologies LLC, Rule 144A, Company Guaranteed Notes (Callable 06/15/20 @ 103.00)(1)	(B-, B3)		06/15/25		6.000		878,176
	1,325	CommScope, Inc., Rule 144A, Company Guaranteed Notes (Callable 03/01/22 @ 104.13)(1),(2)	(B-, B3)		03/01/27		8.250		1,397,014
	150	CommScope, Inc., Rule 144A, Senior Secured Notes (Callable 03/01/22 @ 103.00)(1)	(B+, Ba3)		03/01/26		6.000		159,843
									2,929,859
	Telecom - Wireless (0.6%)
	950	T-Mobile U.S.A., Inc., Company Guaranteed Notes (Callable 02/01/23 @ 102.38)	(BB+, Ba2)		02/01/28		4.750		997,177
	Telecom - Wireline Integrated & Services(4.8%)
	825	Altice Financing S.A., Rule 144A, Senior Secured Notes (Callable 01/31/20 @ 103.31)(1)	(B+, B2)		02/15/23		6.625		841,158
	1,250	Altice Financing S.A., Rule 144A, Senior Secured Notes (Callable 05/15/21 @ 103.75)(1)	(B+, B2)		05/15/26		7.500		1,346,062
	550	Altice France S.A., Rule 144A, Senior Secured Notes (Callable 05/01/21 @ 103.69)(1)	(B, B2)		05/01/26		7.375		591,520
	205	Equinix, Inc., Senior Unsecured Notes (Callable 05/15/22 @ 102.69)	(BBB-, Ba1)		05/15/27		5.375		223,015
	500	GCI LLC, Rule 144A, Senior Unsecured Notes (Callable 06/15/21 @ 103.31)(1)	(B, B3)		06/15/24		6.625		542,708
	2,651	GTT Communications, Inc., Rule 144A, Company Guaranteed Notes (Callable 01/31/20 @ 105.91)(1)	(CCC, Caa1)		12/31/24		7.875		2,007,364
	1,325	LCPR Senior Secured Financing DAC, Rule 144A, Senior Secured Notes (Callable 10/15/22 @ 103.38)(1)	(B+, B1)		10/15/27		6.750		1,406,951
	1,650	QTS Finance Corp., Rule 144A, Company Guaranteed Notes (Callable 11/15/20 @ 103.56)(1)	(BB, B1)		11/15/25		4.750		1,714,622
									8,673,400

See Accompanying Notes to Financial Statements.

11

Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

December 31, 2019

Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value
	CORPORATE BONDS(continued)
	Theaters & Entertainment(3.3%)
$	2,055	AMC Entertainment Holdings, Inc., Global Company Guaranteed Notes (Callable 05/15/22 @ 103.06)(2)	(CCC+, B3)		05/15/27		6.125	$	1,880,377
	715	AMC Entertainment Holdings, Inc., Global Company Guaranteed Notes (Callable 11/15/21 @ 102.94)	(CCC+, B3)		11/15/26		5.875		646,054
	1,250	Cinemark U.S.A., Inc., Global Company Guaranteed Notes (Callable 01/31/20 @ 101.63)	(BB, B2)		06/01/23		4.875		1,273,425
	1,025	Live Nation Entertainment, Inc., Rule 144A, Company Guaranteed Notes (Callable 01/06/20 @ 103.66)(1)	(B+, Ba3)		11/01/24		4.875		1,063,427
	700	Live Nation Entertainment, Inc., Rule 144A, Company Guaranteed Notes (Callable 03/15/21 @ 104.22)(1)	(B+, Ba3)		03/15/26		5.625		747,493
	325	Live Nation Entertainment, Inc., Rule 144A, Company Guaranteed Notes (Callable 10/15/22 @ 103.56)(1)	(B+, Ba3)		10/15/27		4.750		336,976
									5,947,752
	Transport Infrastructure/Services(0.8%)
	2,110	Navios Maritime Finance II U.S., Inc., Rule 144A, Senior Secured Notes (Callable 01/31/20 @ 100.00)(1)	(B, Caa2)		08/15/22		11.250		1,432,821
	TOTAL CORPORATE BONDS(Cost $169,986,913)								171,170,464
	BANK LOANS(30.2%)
	Advertising(0.1%)
	399	Southern Graphics, Inc., LIBOR 1M + 3.250%(10)	(CCC+, B3)		12/31/22		5.049		249,687
	Aerospace & Defense(0.6%)
	1,045	Sequa Mezzanine Holdings LLC, LIBOR 3M + 5.000%(10)	(CCC+, B3)		11/28/21		6.904		1,047,655
	Auto Parts & Equipment(1.2%)
	741	Dayco Products LLC, LIBOR 3M + 4.250%(10)	(B-, B3)		05/19/23		6.159		653,933
	1,168	Jason, Inc., LIBOR 3M + 4.500%(6),(10)	(CCC+, Caa1)		06/30/21		6.445		939,013
	625	U.S. Farathane LLC, LIBOR 1M + 3.500%(7),(10)	(B+, B3)		12/23/21		5.299		571,933
									2,164,879
	Building Materials(1.3%)
	1,000	Airxcel, Inc., LIBOR 1M + 8.750%(6),(10)	(CCC+, Caa2)		04/27/26		10.549		905,000
	1,485	LBM Borrower LLC, LIBOR 1M + 3.750%(10)	(B+, B2)		08/20/22		5.549		1,496,443
									2,401,443
	Chemicals(4.4%)
	1,496	Ascend Performance Materials Operations LLC, LIBOR 3M + 5.250%(7),(10)	(BB-, B1)		08/27/26		7.195		1,511,213
	492	ASP Chromaflo Intermediate Holdings, Inc., LIBOR 1M + 8.000%(6),(7),(10)	(CCC, Caa2)		11/18/24		9.799		474,961
	994	PMHC II, Inc., LIBOR 3M + 3.500%(10)	(CCC+, Caa1)		03/31/25		5.445		891,828
	1,584	Polar U.S. Borrower LLC, LIBOR 3M + 4.750%(7),(10)	(B, B2)		10/15/25		6.791		1,580,040
	1,179	UTEX Industries, Inc., LIBOR 1M + 4.000%(10)	(CCC, Caa1)		05/22/21		5.799		865,884
	1,750	Vantage Specialty Chemicals, Inc., LIBOR 3M + 8.250%(6),(7),(10)	(CCC, Caa2)		10/27/25		10.159		1,526,875

See Accompanying Notes to Financial Statements.

12

Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

December 31, 2019

Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value
	BANK LOANS(continued)
	Chemicals
$	1,527	Zep, Inc., LIBOR 3M + 4.000%(10)	(CCC+, Caa1)		08/12/24		5.945	$	1,188,438
									8,039,239
	Diversified Capital Goods(1.9%)
	2,450	Cortes NP Acquisition Corp., LIBOR 3M + 4.000%(10)	(B, B2)		11/30/23		5.927		2,450,000
	1,005	Dynacast International LLC, LIBOR 3M + 8.500%(6),(10)	(CCC+, Caa2)		01/30/23		10.445		960,192
									3,410,192
	Electronics(1.4%)
	750	CPI International, Inc., LIBOR 1M + 7.250%(7),(10)	(CCC+, Caa2)		07/26/25		9.049		721,875
	500	EXC Holdings III Corp., LIBOR 3M + 7.500%(10)	(CCC+, Caa2)		12/01/25		9.589		485,000
	1,323	Oberthur Technologies S.A., LIBOR 3M + 3.750%(10)	(B-, B3)		01/10/24		5.695		1,311,298
									2,518,173
	Food - Wholesale(0.5%)
	1,154	United Natural Foods, Inc., LIBOR 1M + 4.250%(10)	(B, B3)		10/22/25		6.049		992,041
	Gas Distribution(1.4%)
	1,493	BCP Renaissance Parent LLC, LIBOR 3M + 3.500%(7),(10)	(B+, B1)		10/31/24		5.445		1,350,712
	1,241	Traverse Midstream Partners LLC, LIBOR 1M + 4.000%(10)	(B+, B2)		09/27/24		5.800		1,126,445
									2,477,157
	Health Facility(0.3%)
	490	Western Dental Services, Inc., LIBOR 1M + 5.250%(7),(10)	(B-, B3)		06/30/23		7.049		491,196
	Health Services (1.9%)
	1,191	Athenahealth, Inc., LIBOR 3M + 4.500%(10)	(B, B2)		02/11/26		6.401		1,198,938
	600	Carestream Health, Inc., LIBOR 1M + 5.500%(10)	(B, B1)		02/28/21		7.299		592,260
	996	NVA Holdings, Inc., LIBOR 3M + 1.750%(10)	(B, B2)		02/02/25		6.500		995,821
	599	Sotera Health Holdings LLC, LIBOR 3M + 4.500%(10)	(B, B2)		12/11/26		6.289		601,681
									3,388,700
	Insurance Brokerage(1.1%)
	1,945	Acrisure LLC, LIBOR 3M + 4.250%(10)	(B, B2)		11/22/23		6.195		1,953,735
	Investments & Misc. Financial Services(0.5%)
	859	Ditech Holding Corp., Prime + 7.000%(5),(10)	(NR, NR)		06/30/22		11.750		355,907
	592	Ocwen Loan Servicing LLC, LIBOR 1M + 5.000%(10)	(B+, B2)		12/07/20		6.799		589,172
									945,079
	Machinery(1.7%)
	499	Granite Holdings U.S. Acquisition Co., LIBOR 3M + 5.250%(7),(10)	(B, B1)		09/30/26		7.211		501,244
	798	LTI Holdings, Inc., LIBOR 1M + 6.750%(10)	(CCC+, Caa3)		09/06/26		8.549		610,672
	449	LTI Holdings, Inc., LIBOR 1M + 3.500%(10)	(B-, B3)		09/06/25		5.299		405,900
	650	MW Industries, Inc., LIBOR 3M + 8.000%(6),(7),(10)	(CCC, Caa2)		09/29/25		9.945		612,625
	1,125	WireCo WorldGroup, Inc., LIBOR 1M + 9.000%(7),(10)	(B-, Caa2)		09/30/24		10.799		1,023,750
									3,154,191

See Accompanying Notes to Financial Statements.

13

Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

December 31, 2019

Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value
	BANK LOANS(continued)
	Medical Products(1.0%)
$	882	ABB Concise Optical Group LLC, LIBOR 6M + 5.000%(10)	(CCC+, B3)		06/15/23		7.168	$	839,152
	995	Maravai Intermediate Holdings LLC, LIBOR 1M + 4.250%(10)	(B-, B2)		08/01/25		6.063		992,475
									1,831,627
	Metals & Mining - Excluding Steel(0.5%)
	891	GrafTech Finance, Inc., LIBOR 1M + 3.500%(7),(10)	(BB-, B1)		02/12/25		5.299		890,125
	Personal & Household Products(2.1%)
	981	ABG Intermediate Holdings 2 LLC, LIBOR 1M + 7.750%(10)	(CCC+, Caa1)		09/29/25		9.549		982,409
	1,828	Comfort Holding LLC, LIBOR 1M + 4.750%(10)	(CCC+, Caa1)		02/05/24		6.549		1,822,450
	1,950	Serta Simmons Bedding LLC, LIBOR 1M + 8.000%(10)	(CC, Caa3)		11/08/24		9.785		601,253
	489	TricorBraun Holdings, Inc., LIBOR 3M + 3.750%(10)	(B-, B2)		11/30/23		5.693		485,130
									3,891,242
	Pharmaceuticals(0.5%)
	1,009	Akorn, Inc., LIBOR 3M + 0.750%(10)	(B-, Caa1)		04/16/21		11.063		964,062
	Recreation & Travel(1.3%)
	1,613	Bulldog Purchaser, Inc., LIBOR 1M + 7.750%(6),(10)	(CCC+, Caa2)		09/04/26		9.549		1,597,327
	750	Bulldog Purchaser, Inc., LIBOR 1M + 3.750%(7),(10)	(B+, B2)		09/05/25		5.549		744,375
									2,341,702
	Software - Services(2.8%)
	500	Air Newco LLC, LIBOR 3M + 4.250%(10)	(B-, B2)		10/09/26		6.262		496,250
	2,003	Almonde, Inc., LIBOR 6M + 7.250%(10)	(CCC, Caa2)		06/13/25		9.446		1,965,463
	1,253	Flexera Software LLC, LIBOR 1M + 7.250%(10)	(CCC+, Caa1)		02/26/26		9.050		1,255,949
	500	Hyland Software, Inc., LIBOR 1M + 7.000%(10)	(CCC, Caa1)		07/07/25		8.799		507,812
	309	LDiscovery LLC, LIBOR 3M + 5.875%(7),(10)	(B-, B3)		12/09/22		7.931		309,846
	488	Project Leopard Holdings, Inc., LIBOR 1M + 4.250%(7),(10)	(B, B2)		07/07/23		6.049		491,175
									5,026,495
	Specialty Retail(0.9%)
	750	Boing U.S. Holdco, Inc., LIBOR 1M + 7.500%(10)	(CCC+, Caa2)		10/03/25		9.236		726,563
	1,000	Sally Holdings LLC	(BB+, Ba1)		07/05/24		4.500		989,375
									1,715,938
	Support - Services(0.7%)
	744	IG Investment Holdings LLC, LIBOR 1M + 4.000%(10)	(B-, B2)		05/23/25		5.799		750,194
	650	USS Ultimate Holdings, Inc., LIBOR 6M + 7.750%(10)	(CCC+, Caa2)		08/25/25		9.671		632,665
									1,382,859
	Telecom - Wireline Integrated & Services(0.5%)
	875	TVC Albany, Inc., LIBOR 1M + 7.500%(10)	(CCC, Caa2)		07/23/26		9.300		868,438

See Accompanying Notes to Financial Statements.

14

Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

December 31, 2019

Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value
	BANK LOANS(continued)
	Theaters & Entertainment(1.6%)
$	1,330	Metro-Goldwyn-Mayer, Inc., LIBOR 1M + 4.500%(7),(10)	(B-, B2)		07/03/26		6.300	$	1,325,293
	1,606	William Morris Endeavor Entertainment LLC, LIBOR 1M + 2.750%(10)	(B, B2)		05/18/25		4.606		1,601,814
									2,927,107
	TOTAL BANK LOANS(Cost $57,414,732)								55,072,962
	ASSET BACKED SECURITIES(1.6%)
	Collateralized Debt Obligations(1.6%)
	1,000	Anchorage Credit Opportunities CLO 1 Ltd.,2019-1A, Rule 144A, LIBOR 3M + 7.550%(1),(10),(11)	(NR, NR)		01/20/32		0.000		927,326
	1,000	JFIN CLO Ltd.,2013-1A, Rule 144A, LIBOR 3M + 4.750%(1),(10)	(BB, NR)		01/20/25		6.716		970,595
	1,000	Symphony Credit Opportunities Fund Ltd.,2015-2A, Rule 144A, LIBOR 3M + 3.060%(1),(10)	(NR, Baa3)		07/15/28		5.061		996,072
	TOTAL ASSET BACKED SECURITIES (Cost $2,857,418)								2,893,993
Number of Shares
	COMMON STOCKS(1.4%)
	Auto Parts & Equipment(0.6%)
	46,071	UCI International, Inc.(6),(7),(8),(12)							1,053,874
	Building & Construction(0.0%)
	5	White Forest Resources, Inc.(6),(7),(8),(12)							—
	Chemicals(0.2%)
	2,794	Project Investor Holdings LLC(6),(7),(8),(12)							28
	46,574	Proppants Holdings LLC(6),(7),(8),(12)							398,208
									398,236
	Energy - Exploration & Production(0.5%)
	347,803	Independence Contract Drilling, Inc.(12)							346,690
	17,289	Talos Energy, Inc.(12)							521,263
									867,953
	Support - Services(0.1%)
	800	LTR Holdings LLC(6),(7),(8),(12)							196,592
	433	Sprint Industrial Holdings LLC, Class G(6),(7),(8),(12)							—
	39	Sprint Industrial Holdings LLC, Class H(6),(7),(8),(12)							—
	96	Sprint Industrial Holdings LLC, Class I(6),(7),(8),(12)							1
									196,593

See Accompanying Notes to Financial Statements.

15

Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

December 31, 2019

Number of Shares			Value
	COMMON STOCKS(continued)
	Theaters & Entertainment (0.0%)
$	22	NEG Holdings LLC, Litigation Trust Units(6),(7),(8),(12)	$	—
	TOTAL COMMON STOCKS(Cost $3,034,688)			2,516,656
	WARRANT(0.0%)
	Chemicals(0.0%)
	11,643	Project Investor Holdings LLC, expires 02/20/2022(6),(7),(8),(12) (Cost $6,054)		—
	SHORT-TERM INVESTMENT (5.0%)
	9,039,748	State Street Navigator Securities Lending Government Money Market Portfolio, 1.58%(13) (Cost $9,039,748)		9,039,748
	TOTAL INVESTMENTS AT VALUE(132.2%) (Cost $242,339,553)			240,693,823
	LIABILITIES IN EXCESS OF OTHER ASSETS(-32.2%)			(58,664,233	)
	NET ASSETS(100.0%)		$	182,029,590

INVESTMENT ABBREVIATIONS

1M = 1 Month

3M = 3 Month

6M = 6 Month

LIBOR = London Interbank Offered Rate

NR = Not Rated

Sarl – société à responsabilité limitée

† 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, 2019, these securities amounted to a value of $145,724,093 or 80.1% of net assets.

⁽²⁾  Security or portion thereof is out on loan (See note2-K).

⁽³⁾  This security is denominated in British Pound.

⁽⁴⁾  PIK:Payment-in-kind security for which part of the income earned may be paid as additional principal.

⁽⁵⁾  Bond is currently in default.

⁽⁶⁾  Illiquid security (unaudited).

⁽⁷⁾  Security is valued using significant unobservable inputs.

⁽⁸⁾  Not readily marketable security; security is valued at fair value as determined in good faith by, or under the direction of, the Board of Directors.

⁽⁹⁾  This security is denominated in Euro.

⁽¹⁰⁾  Variable rate obligation - The interest rate shown is the rate in effect as of December 31, 2019.

⁽¹¹⁾  Zero coupon security.

⁽¹²⁾  Non-income producing security.

⁽¹³⁾  Represents security purchased with cash collateral received for securities on loan. The rate shown is the annualizedone-day yield at December 31, 2019.

See Accompanying Notes to Financial Statements.

16

Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

December 31, 2019

Forward Foreign Currency Contracts

Forward Currency to be Purchased (Local)		Forward Currency to be Sold (Local)		Expiration Date		Counterparty	Value on Settlement Date			Current Value/Notional			Net Unrealized Appreciation (Depreciation)
GBP	12,146	USD	15,734		10/13/20	Deutsche Bank AG	$	15,734		$	16,208		$	474
USD	1,951,639	EUR	1,736,952		10/13/20	Morgan Stanley		(1,951,639	)		(1,984,070	)		(32,431	)
USD	45,951	EUR	40,732		10/13/20	Deutsche Bank AG		(45,951	)		(46,527	)		(576	)
USD	665,333	GBP	538,587		10/13/20	Morgan Stanley		(665,333	)		(718,742	)		(53,409	)
													$	(85,942	)

Currency Abbreviations:

EUR = Euro

GBP = British Pound

USD = United States Dollar

See Accompanying Notes to Financial Statements.

17

Credit Suisse Asset Management Income Fund, Inc.

Statement of Assets and Liabilities

December 31, 2019

Assets
Investments at value, including collateral for securities on loan of $9,039,748 (Cost $242,339,553) (Note 2)	$	240,693,823	1
Cash		10,865,205
Foreign currency at value (Cost $5,543)		5,663
Interest receivable		3,214,258
Receivable for investments sold		137,292
Unrealized appreciation on forward foreign currency contracts (Note 2)		474
Prepaid expenses and other assets		5,713
Total assets		254,922,428
Liabilities
Investment advisory fee payable (Note 3)		209,220
Administrative services fee payable (Note 3)		20,499
Loan payable (Note 4)		60,250,000
Payable upon return of securities loaned (Note 2)		9,039,748
Payable for investments purchased		3,091,742
Unrealized depreciation on forward foreign currency contracts (Note 2)		86,416
Directors’ fee payable		4,455
Accrued expenses		190,758
Total liabilities		72,892,838
Net Assets
Applicable to 52,304,929 shares outstanding	$	182,029,590
Net Assets
Capital stock, $.001 par value (Note 6)		52,305
Paid-in capital (Note 6)		196,131,924
Total distributable earnings (loss)		(14,154,639	)
Net assets	$	182,029,590
Net Asset Value Per Share ($182,029,590 / 52,304,929)		$3.48
Market Price Per Share		$3.22

¹  Includes $8,852,325 of securities on loan.

See Accompanying Notes to Financial Statements.

18

Credit Suisse Asset Management Income Fund, Inc.

Statement of Operations

For the Year Ended December 31, 2019

Investment Income
Interest	$	16,858,652
Other Income		78,940
Securities lending (net of rebates)		48,941
Total investment income		16,986,533
Expenses
Investment advisory fees (Note 3)		809,594
Administrative services fees (Note 3)		60,499
Interest expense (Note 4)		2,033,957
Directors’ fees		125,706
Legal fees		107,358
Audit and tax fees		64,306
Printing fees		63,305
Commitment fees (Note 4)		55,960
Transfer agent fees (Note 3)		43,648
Custodian fees		40,933
Stock exchange listing fees		16,802
Insurance expense		3,997
Miscellaneous expense		7,540
Total expenses		3,433,605
Net investment income		13,552,928
Net Realized and Unrealized Gain (Loss) from Investments, Foreign Currency and Forward Foreign Currency Contracts
Net realized loss from investments		(942,798	)
Net realized gain from foreign currency transactions		26,871
Net realized gain from forward foreign currency contracts		235,368
Net change in unrealized appreciation (depreciation) from investments		15,541,079
Net change in unrealized appreciation (depreciation) from foreign currency translations		7,252
Net change in unrealized appreciation (depreciation) from forward foreign currency contracts		(165,604	)
Net realized and unrealized gain from investments, foreign currency and forward foreign currency contracts		14,702,168
Net increase in net assets resulting from operations	$	28,255,096

See Accompanying Notes to Financial Statements.

19

Credit Suisse Asset Management Income Fund, Inc.

Statements of Changes in Net Assets

	For the Year Ended   December 31, 2019			For the Year Ended   December 31, 2018
From Operations
Net investment income	$	13,552,928		$	14,186,785
Net realized gain (loss) from investments, foreign currency transactions and forward foreign currency contracts		(680,559	)		1,126,684
Net change in unrealized appreciation (depreciation) from investments, foreign currency translations and forward foreign currency contracts		15,382,727			(20,923,520	)
Net increase (decrease) in net assets resulting from operations		28,255,096			(5,610,051	)
From Distributions
From distributable earnings		(13,882,110	)		(13,965,416	)
Return of Capital		(240,221	)		—
Net decrease in net assets resulting from distributions		(14,122,331	)		(13,965,416	)
Net increase (decrease) in net assets		14,132,765			(19,575,467	)
Net Assets
Beginning of year		167,896,825			187,472,292
End of year	$	182,029,590		$	167,896,825

See Accompanying Notes to Financial Statements.

20

Credit Suisse Asset Management Income Fund, Inc.

Statement of Cash Flows

December 31, 2019

Reconciliation of Net Increase in Net Assets from Operations to Net Cash Provided by Operating Activities
Net increase in net assets resulting from operations				$	28,255,096
Adjustments to Reconcile Net Increase in Net Assets from Operations to Net Cash Provided by Operating Activities
Decrease in interest receivable	$	230,161
Increase in accrued expenses		38,445
Decrease in payable upon return of securities loaned		(2,019,122	)
Decrease in prepaid expenses and other assets		5,737
Decrease in unfunded loan commitments		(182,369	)
Increase in investment advisory fee payable		13,256
Net amortization of discount on investments		(597,515	)
Purchases of long-term securities, net of change in payable for investments purchased		(79,847,533	)
Sales of long-term securities, net of change in receivable for investments sold		97,241,242
Net proceeds from sales (purchases) of short-term securities		2,019,122
Net change in unrealized (appreciation) depreciation from investments and forward foreign currency contracts		(15,375,475	)
Net realized loss from investments		942,798
Total adjustments					2,468,747
Net cash provided by operating activities1				$	30,723,843
Cash Flows From Financing Activities
Borrowings on revolving credit facility		26,000,000
Repayments of credit facility		(36,500,000	)
Cash dividends paid		(14,122,331	)
Net cash provided by financing activities					(24,622,331	)
Net increase in cash					6,101,512
Cash — beginning of year					4,769,356
Cash — end of year				$	10,870,868

¹  Included in net cash provided by operating activities is cash of $2,033,957 paid for interest on borrowings.

See Accompanying Notes to Financial Statements.

21

Credit Suisse Asset Management Income Fund, Inc.

Financial Highlights

	For the Year Ended December 31,
	2019			2018			2017			2016			2015
Per share operating performance
Net asset value, beginning of year	$	3.21		$	3.58		$	3.48		$	3.21		$	3.62
INVESTMENT OPERATIONS
Net investment income1		0.26			0.27			0.24			0.25			0.25
Net gain (loss) on investments, foreign currency transactions and forward foreign currency contracts (both realized and unrealized)		0.28			(0.37	)		0.12			0.28			(0.40	)
Total from investment activities		0.54			(0.10	)		0.36			0.53			(0.15	)
LESS DIVIDENDS AND DISTRIBUTIONS
Dividends from net investment income		(0.27	)		(0.27	)		(0.24	)		(0.25	)		(0.26	)
Return of capital		(0.00	)3		—			(0.02	)		(0.01	)		—
Total dividends and distributions		(0.27	)		(0.27	)		(0.26	)		(0.26	)		(0.26	)
Net asset value, end of year	$	3.48		$	3.21		$	3.58		$	3.48		$	3.21
Per share market value, end of year	$	3.22		$	2.77		$	3.31		$	3.16		$	2.78
TOTAL INVESTMENT RETURN2
Net asset value		18.17	%		(2.39	)%		11.34	%		18.64	%		(3.35	)%
Market value		26.71	%		(8.89	)%		13.37	%		24.39	%		(7.90	)%
RATIOS AND SUPPLEMENTAL DATA
Net assets, end of year (000s omitted)	$	182,030		$	167,897		$	187,472		$	182,019		$	167,848
Ratio of expenses to average net assets		1.92	%		1.82	%		1.06	%		0.74	%		0.66	%
Ratio of expenses to average net assets excluding interest expense		0.78	%		0.78	%		0.90	%		0.74	%		0.66	%
Ratio of net investment income to average net assets		7.59	%		7.83	%		6.75	%		7.66	%		7.21	%
Asset Coverage per $1,000 of Indebtedness	$	4,021		$	3,373		$	5,075		$	—		$	—
Portfolio turnover rate		35	%		39	%		64	%		53	%		51	%

¹  Per share information is calculated using the average shares outstanding method.

²  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.

³  This amount represents less than $(0.01) per share.

See Accompanying Notes to Financial Statements.

22

Credit Suisse Asset Management Income Fund, Inc.

Notes to Financial Statements

December 31, 2019

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.

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 Financial Accounting Standards Board (“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 Credit Suisse Asset Management, LLC, the Fund’s investment adviser (“Credit Suisse” or the “Adviser”), who has established a Pricing Committee which, pursuant to the policies adopted by the Board, is responsible for making fair valuation determinations and overseeing the Fund’s pricing policies. The net asset value of the Fund is determined daily as of the close of regular trading 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, 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. The Fund may utilize a service provided by an independent third party which has been approved by the Board to fair value certain securities. When fair value pricing is employed, the prices of securities used by the Fund to calculate its net asset value 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 investment adviser to be unreliable, the market price may be determined by the investment 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

23

Credit Suisse Asset Management Income Fund, Inc.

Notes to Financial Statements (continued)

December 31, 2019

Note 2. Significant Accounting Policies (continued)

of the exchange or market on which the security is principally traded, but before the Fund calculates its net asset value, these securities will be fair valued in good faith by the Pricing Committee, in accordance with procedures adopted by the Board.

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)

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, 2019 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	$	—	$	171,166,734	$	3,730		$	171,170,464
Bank Loans		—		40,945,724		14,127,238			55,072,962
Asset Backed Securities		—		2,893,993		—			2,893,993
Common Stocks		867,953		—		1,648,703			2,516,656
Warrants		—		—		0	(1)		0	(1)
Short-term Investment		—		9,039,748		—			9,039,748
	$	867,953	$	224,046,199	$	15,779,671		$	240,693,823
Other Financial Instruments*
Forward Foreign Currency Contracts	$	—	$	474	$	—		$	474
Liabilities	Level 1		Level 2		Level 3			Total
Other Financial Instruments*
Forward Foreign Currency Contracts	$	—	$	86,416	$	—		$	86,416

⁽¹⁾ Includes zero valued securities.

* Other financial instruments include unrealized appreciation (depreciation) on forward foreign currency contracts.

24

Credit Suisse Asset Management Income Fund, Inc.

Notes to Financial Statements (continued)

December 31, 2019

Note 2. Significant Accounting Policies (continued)

The following is a reconciliation of investments as of December 31, 2019 for which significant unobservable inputs were used in determining fair value.

	Corporate Bonds			Bank Loans			Common Stocks			Preferred Stock			Warrant			Total
Balance as of December 31, 2018	$	921,990		$	12,855,455		$	1,002,107		$	0	(1)	$	—		$	14,779,552
Accrued discounts (premiums)		17,952			278,611			—			—			—			296,563
Purchases		—			6,208,580			334,633			—			6,054			6,549,267
Sales		—			(4,431,622	)		—			—			—			(4,431,622	)
Realized gain (loss)		—			(1,189,460	)		(144,000	)		(156,000	)		—			(1,489,460	)
Change in unrealized appreciation (depreciation)		(1,008	)		1,716,429			455,963			156,000			(6,054	)		2,321,330
Transfers into Level 3		—			2,924,307			—			—			—			2,924,307
Transfers out of Level 3		(935,204	)		(4,235,062	)		—			—			—			(5,170,266	)
Balance as of December 31, 2019	$	3,730		$	14,127,238		$	1,648,703		$	—		$	0	(1)	$	15,779,671
Net change in unrealized appreciation (depreciation) from investments still held as of December 31, 2019	$	(18,499	)	$	(23,380	)	$	311,963		$	—			(6,054	)	$	264,030

⁽¹⁾ Includes zero valued securities.

Quantitative Disclosure About Significant Unobservable Inputs

Asset Class	Fair Value At 12/31/2019		Valuation Techniques		Unobservable Input		Range (Weighted Average)*
Corporate Bonds	$	3,730		Income Approach		Expected remaining distribution		$0.01 (N/A)
Bank Loans	$	14,127,238		Vendor Pricing		Single Broker Quote		$0.87 - $1.01 ($0.96)
Common Stocks	$	1,053,874		Vendor Pricing		Single Broker Quote		$22.88 (N/A)
	$	594,828		Market Approach		EBITDA Multiples		3.0 - 7.9 (7.5)
	$	1		Income Approach		Expected remaining distribution		$0.00 - $0.01 ($0.01)
Warrants	$	0		Market Approach		EBITDA Multiples		5.1 (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 Credit Suisse considers may include (i) the existence of any contractual restrictions on the disposition of securities; (ii) 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; (iii) the price of the same or similar security negotiated at arm’s length in an issuer’s completed subsequent round of financing; (iv) the price and extent of public trading in similar securities of the issuer or of comparable companies; or (v) 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

25

Credit Suisse Asset Management Income Fund, Inc.

Notes to Financial Statements (continued)

December 31, 2019

Note 2. Significant Accounting Policies (continued)

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, 2019, $2,924,307 was transferred from Level 2 to Level 3 due to a lack of a pricing source supported by observable inputs and $5,170,266 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, 2019 and the effect of these derivatives on the Statement of Operations for the year ended December 31, 2019.

Primary Underlying Risk	Derivative Assets		Derivative Liabilities		Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)
Foreign currency exchange rate
forward contracts	$	474	$	86,416	$	235,368	$	(165,604	)

For the year ended December 31, 2019, the Fund held an average monthly value on a net basis of $4,072,279 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 governover-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, 2019:

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	$	474	$	(474	)	$	—	$	—	$	—
		474		(474	)		—		—		—

26

Credit Suisse Asset Management Income Fund, Inc.

Notes to Financial Statements (continued)

December 31, 2019

Note 2. Significant Accounting Policies (continued)

The following table presents by counterparty the Fund’s derivative liabilities, net of related collateral pledged by the Fund, at December 31, 2019:

Counterparty	Gross Amount of Derivative Liabilities Presented in 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
Deutsche Bank AG	$	576	$	(474	)	$	—	$	—	$	102
Morgan Stanley		85,840		—			—		—		85,840
		86,416		(474	)		—		—		85,942

^(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 US 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.

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 theex-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 and records them onex-date. 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 theex-dividend date and are determined in accordance with federal income tax regulations, which may differ from GAAP.

27

Credit Suisse Asset Management Income Fund, Inc.

Notes to Financial Statements (continued)

December 31, 2019

Note 2. Significant Accounting Policies (continued)

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 tax years for which the applicable statutes of limitations have not expired are subject to examination by the Internal Revenue Service and state departments of revenue.

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 primarily for hedging foreign currency risk. 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

28

Credit Suisse Asset Management Income Fund, Inc.

Notes to Financial Statements (continued)

December 31, 2019

Note 2. Significant Accounting Policies (continued)

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, 2019 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, 2019, the fund has no unfunded loan commitments.

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 Credit Suisse and may be invested in a variety of investments, including funds advised by SSB, 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.

SSB has been engaged by the Fund to act as the Fund’s securities lending agent. As of December 31, 2019, the Fund had investment securities on loan with a fair value of $8,852,325. Collateral received for securities loaned and a related liability of $9,039,748 are presented gross in the Statement of Assets and Liabilities. The collateral for securities loaned is valued consistently with the other investments held by the Fund and is included in Level 2 of the fair value hierarchy. As of December 31, 2019, the value of the related collateral exceeded the value of the securities loaned.

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. During the year ended December 31, 2019, total earnings from the Fund’s investment in cash collateral received in connection with securities lending arrangements was $219,994, of which $154,739 was rebated to borrowers (brokers). The Fund retained $48,941 in income from the cash collateral investment, and SSB, as lending agent, was paid $16,314.

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.

29

Credit Suisse Asset Management Income Fund, Inc.

Notes to Financial Statements (continued)

December 31, 2019

Note 2. Significant Accounting Policies (continued)

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 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 net asset value.

M) RECENT ACCOUNTING PRONOUNCEMENTS — In August 2018, the FASB issued Accounting Standards Update2018-13, Fair Value Measurement (Topic 820): Disclosure Framework — Changes to the Disclosure Requirements for Fair Value Measurement (“ASU2018-13”). The update provides guidance that eliminates, adds and modifies certain disclosure requirements for fair value measurements. ASU2018-13 will be effective for annual periods beginning after December 15, 2019. Management is currently assessing the potential impact of these changes to future financial statements.

N) SUBSEQUENT EVENTS — In preparing the financial statements as of December 31, 2019, 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.

Note 3. Transactions with Affiliates and Related Parties

Credit Suisse serves as investment adviser for the Fund. For its investment advisory services, Credit Suisse is entitled to receive a fee from the Fund at a rate per annum, computed weekly and paid quarterly as follows: 0.50% of the lower of the weekly stock price (market value) of the Fund’s outstanding shares or its average weekly net assets. For the year ended December 31, 2019, investment advisory fees earned were $809,594.

SSB serves as Accounting and Administrative Agent for the Fund. For its administrative services, SSB receives a fee, exclusive ofout-of-pocket expenses, calculated in total for all the Credit Suisse funds/portfoliosco-administered by SSB and allocated based upon the relative average net assets of each fund/portfolio, subject to an annual minimum fee. For the year ended December 31, 2019, administrative services fees earned by SSB (includingout-of-pocket expenses) with respect to the Fund were $60,499.

The Fund from time to time purchases or sells loan investments in the secondary market through Credit Suisse or its affiliates acting in the capacity as broker-dealer. Credit Suisse 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) $90,000,000; 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

30

Credit Suisse Asset Management Income Fund, Inc.

Notes to Financial Statements (continued)

December 31, 2019

Note 4. Line of Credit (continued)

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 LIBOR plus a spread. At December 31, 2019, the Fund had loans outstanding under the Agreement of $60,250,000. Unless renewed, the Agreement will terminate on June 10, 2020. During the year ended December 31, 2019, the Fund had borrowings under the Agreement as follows:

Average Daily Loan Balance		Weighted Average Interest Rate %			Maximum Daily Loan Outstanding		Interest Expense
$	66,169,178		3.03	%	$	71,750,000	$	2,033,957

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 net asset value 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, Credit Suisse 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 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, 2019, purchases and sales of investment securities (excluding short-term investments) were $82,107,404 and $95,845,776, respectively.

31

Credit Suisse Asset Management Income Fund, Inc.

Notes to Financial Statements (continued)

December 31, 2019

Note 6. Fund Shares

The Fund offers a Dividend Reinvestment 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 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, 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 $.001 per share; one hundred million shares are authorized.

There were no shares of common stock issued for the year ended December 31, 2019 and the year ended December 31, 2018.

Note 7. 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 and distributions paid by the Fund during the fiscal years ended December 31, 2019 and 2018, respectively, was as follows:

Ordinary Income				Return of Capital
2019		2018		2019		2018
$	13,882,110	$	13,965,416	$	240,221	$	—

The tax basis components of distributable earnings differ from the amounts reflected in the Statement of Assets and Liabilities by temporary book/tax differences. These differences are primarily due to differing treatments of wash sales, income from defaulted bonds and mark to market of forward contracts. At December 31, 2019, the components of distributable earnings on a tax basis were as follows:

Accumulated net realized loss	$	(12,271,531	)
Unrealized depreciation		(1,883,108	)
	$	(14,154,639	)

At December 31, 2019, the Fund had unlimited long-term capital loss carryforwards available to offset possible future capital gains as follows:

Unlimited Long-Term Loss Carryforwards
$	12,271,531

At December 31, 2019, the cost and net unrealized appreciation (depreciation) of investments and derivatives for income tax purposes were as follows:

Cost of Investments	$	242,491,565
Unrealized appreciation	$	8,469,236
Unrealized depreciation		(10,352,920	)
Appreciation (depreciation)	$	(1,883,684	)

32

Credit Suisse Asset Management Income Fund, Inc.

Notes to Financial Statements (continued)

December 31, 2019

Note 7. Income Tax Information and Distributions to Shareholders (continued)

To adjust for current period permanent book/tax differences which arose principally from differing book/tax treatment of foreign currency gain/loss and AICPA adjustments, net investment income was credited $78,411 and accumulated net realized gain was debited $78,411. Net assets were not affected by this reclassification.

Note 8. 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.

33

Credit Suisse Asset Management Income Fund, Inc.

Report of Independent Registered Public Accounting Firm

To the Shareholders and the Board of Directors

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, 2019, the related statement of operations and cash flows for the year then ended, the statements of changes in net assets for each of the years in thetwo-year period then ended, and the related notes (collectively, the financial statements) and the financial highlights for each of the years in thefive-year period then ended. In our opinion, the financial statements and financial highlights present fairly, in all material respects, the financial position of the Fund as of December 31, 2019, the results of its operations and cash flows for the year then ended, the changes in its net assets for each of the years in thetwo-year period then ended, and the financial highlights for each of the years in thefive-year period then ended, in conformity with U.S. generally accepted accounting principles.

Basis for Opinion

These financial statements and financial highlights are the responsibility of the Fund’s management. Our responsibility is to express an opinion on these financial statements and financial highlights 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 and financial highlights are free of material misstatement, whether due to error or fraud.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements and financial highlights, 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 and financial highlights. Such procedures also included confirmation of securities owned as of December 31, 2019, by correspondence with custodians and brokers or by other appropriate 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 and financial highlights. We believe that our audits provide a reasonable basis for our opinion.

We have served as the auditor of one or more Credit Suisse Asset Management, LLC investment companies since 2015.

New York, New York

February 14, 2020

34

Credit Suisse Asset Management Income Fund, Inc.

Board Approval of Investment Management Agreement (unaudited)

In approving the renewal of the current 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 Telephonic Meeting held on November 5, 2019 where the Board discussed information and materials previously provided to them in connection with the renewal of the Advisory Agreement, and at anin-person meeting held on November 11 and 12, 2019, 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 Credit Suisse Asset Management, LLC (“Credit Suisse”), the Fund’s investment adviser. The Board noted that Credit Suisse had contractually agreed to base its current investment advisory fee upon the lower of the Fund’s average weekly stock price or its average weekly net assets. The Board also noted that the Fund does not pay Credit Suisse an advisory fee on leveraged assets.

Additionally, the Board considered information comparing the Contractual Advisory Fee and the Fund’s overall expenses with those of funds in both the relevant expense group (“Expense Group”) and universe of funds (“Expense Universe”) provided by Broadridge, an independent provider of investment company data. The Board noted that the Fund’s advisory fees and overall expenses were within the top to middle ranges of its peers, as presented in the Broadridge report. 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.

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 Credit Suisse under the Advisory Agreement. The Board also noted information received at regular meetings throughout the year related to the services rendered by Credit Suisse which, in addition to portfolio management and investment advisory services set forth in the Advisory Agreement, included credit analysis and research, supervising theday-to-day operations of the Fund’snon-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 also considered Credit Suisse’s compliance program with respect to the Fund. The Board noted that Credit Suisse reports to the Board about portfolio management and compliance matters on a periodic basis. The Board reviewed background information about Credit Suisse including its Form ADV Part 2 – Disclosure Brochure and Brochure Supplement. The Board considered the background and experience of Credit Suisse’s senior management and the expertise of, and the amount of attention given to the Fund by, senior personnel of Credit Suisse. In addition, the Board reviewed the qualifications, backgrounds and responsibilities of the Fund management team primarily responsible for theday-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 Credit Suisse, 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 Credit Suisse clients for comparable services. The Board acknowledged Credit Suisse’s representation that the services provided to the Fund are more extensive than the services provided in connection with other types of accounts offered by Credit Suisse, such as separate

35

Credit Suisse Asset Management Income Fund, Inc.

Board Approval of Investment Management Agreement (unaudited) (continued)

accounts, as well as the services offered and provided to asub-advised fund. The Board also considered that the services provided by Credit Suisse have expanded over time as a result of regulatory and other developments.

Fund Performance

The Board considered the performance results of the Fund over the previous year as well as over longer time periods, along with comparison to both the relevant performance group (“Performance Group”) and a universe of funds (the “Performance Universe”) for the Fund provided in the Broadridge materials. 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. The Board noted that the Fund slightly outperformed its Performance Universe for theone-year period reported, and either outperformed or performed in line with its Performance Universe over various longer investment periods reported. The Board also considered the investment performance of the Fund over various investment periods relative to its stated objectives.

Credit Suisse Profitability

The Board received and considered a profitability analysis of Credit Suisse 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 Credit Suisse affiliates on the other. The Board deliberations also reflected Credit Suisse’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 bothopen-end andclosed-end funds. The Board also reviewed Credit Suisse’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.

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. The Board noted the current advisory fee structure and the fact that the Fund does not pay advisory fees on leveraged assets. The Board also noted that further economies of scale potentially could be realized if the Fund’s premium/discount ratios narrowed sufficiently to permit an additional offering to increase the Fund’s assets. The Board received information regarding Credit Suisse’s profitability in connection with providing advisory services to the Fund, including Credit Suisse’s costs in providing the services.

Other Benefits to Credit Suisse

The Board considered other benefits received by Credit Suisse and its affiliates as a result of their relationship with the Fund. Such benefits include, among others, benefits potentially derived from an increase in Credit Suisse’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 or investors including separate account or third partysub-advised mandates or other financial products offered by Credit Suisse and its affiliates).

The Board considered the standards applied in seeking best execution and their policies and practices regarding soft dollars and reviewed Credit Suisse’s method for allocating portfolio investment opportunities among its advisory clients.

36

Credit Suisse Asset Management Income Fund, Inc.

Board Approval of Investment Management Agreement (unaudited) (continued)

Other Factors and Broader Review

As discussed above, the Board reviewed detailed materials received from Credit Suisse 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. In this regard, the Board reviews reports of Credit Suisse at least quarterly, which include, among other things, detailed portfolio and market reviews, detailed fund performance reports and Credit Suisse’s compliance procedures.

Conclusions

In selecting Credit Suisse, 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 funds in the Fund’s Expense Group and Expense Universe, was reasonable in relation to the services provided by Credit Suisse.

• The Board was satisfied with the nature, extent and quality of the investment advisory services provided to the Fund by Credit Suisse and that, based on dialogue with management and counsel, the services provided by Credit Suisse under the Advisory Agreement are typical of, and consistent with, those provided to similar mutual funds by other investment advisers.

• In light of the costs of providing investment management and other services to the Fund and Credit Suisse’s ongoing commitment to the Fund and willingness to base the fee on the lower of the Fund’s average weekly stock price or its average weekly net assets, Credit Suisse’s net profitability based on fees payable under the Advisory Agreement, as well as other ancillary benefits that Credit Suisse 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.

37

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 Office1 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
Independent Directors
Laura A. DeFelice c/o Credit Suisse Asset Management, LLC Attn: General Counsel Eleven Madison Avenue New York, New York 10010 (1959)	Director, Nominating and Audit Committee member	Since 2018; current term ends at the 2022 annual meeting	Partner of Acacia Properties LLC (multi-family and commercial real estate ownership and operation) from 2008 to present; Stonegate Advisors LLC (renewable energy and energy efficiency) from 2007 to present.		9	None
Jeffrey E. Garten c/o Credit Suisse Asset Management, LLC Attn: General Counsel Eleven Madison Avenue New York, New York 10010 (1946)	Director, Nominating and Audit Committee member	Since 2018; current term ends at the 2020 annual meeting	Dean Emeritus of Yale School of Management from July 2015 to present; The Juan Trippe Professor in the Practice of International Trade, Finance and Business, Yale School of Management, from July 2005 to July 2015; Partner and Chairman of Garten Rothkopf (consulting firm) from October 2005 to June 2017.		9	Director of Aetna, Inc. (insurance company) from January 1999 to 2019; Director of CarMax Group (used car dealers) from January 2002 to 2019; Director of Miller Buckfire & Co., LLC (financial restructuring) from January 2008 to 2019.

¹  Each Director and Officer serves until his or her respective successor has been duly elected and qualified.

38

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 Office1 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
Independent Directors
Mahendra R. Gupta c/o Credit Suisse Asset Management, LLC Attn: General Counsel Eleven Madison Avenue New York, New York 10010 (1956)	Director, Nominating Committee member and Audit Committee Chairman	Director and Audit Committee Chairman since 2018; current term ends at the 2022 annual meeting	Professor, Washington University in St. Louis from July 1990 to present; Dean of Olin Business School at Washington University in St. Louis from July 2005 to July 2016; Partner, R.J. Mithaiwala (food manufacturing and retail, India) from March 1977 to present; Partner, F.F.B. Corporation (agriculture, India) from March 1977 to present; Partner, RPMG Research Corporation (benchmark research) from July 2001 to present.		9	Director of Caleres Inc. (footwear) from May 2012 to present; Director of Koch Development Corporation (real estate development) from November 2017 to present; Director of Supernova (fin-tech) from June 2014 to September 2018.
Steven N. Rappaport c/o Credit Suisse Asset Management, LLC Attn: General Counsel Eleven Madison Avenue New York, New York 10010 (1948)	Chairman of the Board, Nominating Committee Chairman and Audit Committee member	Chairman since 2012 and Director since 2005; current term ends at the 2020 annual meeting	Partner of Lehigh Court, LLC and RZ Capital (private investment firms) from July 2002 to present; Partner of Backstage Acquisition Holdings, LLC (publication job postings) from November 2013 to 2018.		9	Director of Aberdeen Emerging Market Equity Income Fund, Inc., (a closed-end investment company); Director of Aberdeen Funds (25 open-end portfolios); Director of iCAD, Inc. (surgical and medical instruments and apparatus company) from 2006 to 2018.

¹  Each Director and Officer serves until his or her respective successor has been duly elected and qualified.

39

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 Office1 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
Interested Director
John G. Popp* Credit Suisse Asset Management, LLC Eleven Madison Avenue New York, New York 10010 (1956)	Director, Chief Executive Officer and President	Director since 2013 Chief Executive Officer and President since 2010; current term ends at the 2021 annual meeting	Managing Director of Credit Suisse; Global Head and Chief Investment Officer of the Credit Investments Group; Associated with Credit Suisse or its predecessor since 1997; Officer of other Credit Suisse Funds.		9	None.

¹  Each Director and Officer serves until his or her respective successor has been duly elected and qualified.

* 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 Credit Suisse.

40

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 Office1 and Length of Time Served	Principal Occupation(s) During Past Five Years
Officers**
Thomas J. Flannery Credit Suisse Asset Management, LLC Eleven Madison Avenue New York, New York 10010 (1974)	Chief Investment Officer	Since 2010	Managing Director of Credit Suisse and Head of the Credit Suisse U.S. High Yield Management Team; Associated with Credit Suisse Group AG since 2000; Officer of other Credit Suisse Funds.
Emidio Morizio Credit Suisse Asset Management, LLC Eleven Madison Avenue New York, New York 10010 (1966)	Chief Compliance Officer	Since Fund Inception	Managing Director and Global Head of Compliance of Credit Suisse since 2010; Associated with Credit Suisse since July 2000; Officer of other Credit Suisse Funds.
Lou Anne McInnis Credit Suisse Asset Management, LLC Eleven Madison Avenue New York, New York 10010 (1959)	Chief Legal Officer	Since 2015	Director of Credit Suisse; Associated with Credit Suisse 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.
Omar Tariq Credit Suisse Asset Management, LLC Eleven Madison Avenue New York, New York 10010 (1983)	Chief Financial Officer and Treasurer	Since 2019	Director of Credit Suisse since March 2019; Senior Manager of PriceWaterhouseCoopers, LLP from September 2010 to March 2019; Officer of other Credit Suisse Funds.
Karen Regan Credit Suisse Asset Management, LLC Eleven Madison Avenue New York, New York 10010 (1963)	Senior Vice President and Secretary	Since 2010	Vice President of Credit Suisse; Associated with Credit Suisse 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.

¹  Each Director and Officer serves until his or her respective successor has been duly elected and qualified.

** The officers of the Fund shown are officers that make policy decisions.

41

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 the12-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 calling1-800-293-1232

• On the Fund’s website, www.credit-suisse.com/us/funds

• On the website of the Securities and Exchange Commission, www.sec.gov

The Fund files a complete schedule of its portfolio holdings for the first and third quarters of its fiscal year with the SEC as an exhibit to its reports on FormN-PORT, and for reporting periods ended prior to March 31, 2019, filed such information on FormN-Q. The Fund’s FormsN-PORT andN-Q are available on the SEC’s website at www.sec.gov.

Funds Managed by Credit Suisse Asset Management, LLC

CLOSED-END FUNDS

Fixed Income

Credit Suisse Asset Management Income Fund, Inc. (NYSE American: CIK)

Credit Suisse High Yield Bond Fund (NYSE American: DHY)

Literature Request— Call today for free descriptive information on the closed-ended funds listed above at1-800-293-1232 or visit our website at www.credit-suisse.com/us/funds

OPEN-END FUNDS

Credit Suisse Commodity Return Strategy Fund	Credit Suisse Strategic Income Fund
Credit Suisse Floating Rate High Income Fund	Credit Suisse Managed Futures Strategy Fund
Credit Suisse Multialternative Strategy Fund

Fund shares are not deposits or other obligation of Credit Suisse Asset Management, LLC or any affiliate, are not FDIC-insured and are not guaranteed by Credit Suisse Asset Management, 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 at1-877-870-2874. Performance information current to the most recentmonth-end is available atwww.credit-suisse.com/us/funds.

Credit Suisse Securities (USA) LLC, Distributor.

42

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 October 2006). Participants will also be charged a service fee of $5.00 for each sale and brokerage commissions of $0.03 per share (as of October 2006).

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.

43

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 30170

College Station, TX 77842-3170

Overnight correspondence should be sent to:

Computershare

211 Quality Circle, Suite 210

College Station, TX 77845

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.

44

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-1219

Item 2. Code of Ethics.

The registrant has adopted a code of ethics applicable to its Chief Executive Officer, President, Chief Financial Officer and Chief Accounting Officer, or persons performing similar functions. A copy of the code is filed as Exhibit 13(a)(1) to this Form. There were no amendments to the code during the fiscal year ended December 31, 2019. There were no waivers or implicit waivers from the code granted by the registrant during the fiscal year ended December 31, 2019.

Item 3. Audit Committee Financial Expert.

The registrant’s governing board has determined that it has two audit committee financial experts serving on its audit committee: Mahendra R. Gupta and Steven N. Rappaport. Each audit committee financial expert is “independent” for purposes of this item.

Item 4. Principal Accountant Fees and Services.

(a) through (d). The information in the table below is provided for services rendered to the registrant by its independent registered public accounting firm, KPMG LLP (“KPMG”), for its fiscal years ended December 31, 2018 and December 31, 2019.

	2018		2019
Audit Fees	$	46,300	$	47,900
Audit-Related Fees1	$	4,750	$	8,140
Tax Fees2	$	3,420	$	3,420
All Other Fees	$	4,970		—
Total	$	59,440	$	59,460

¹  Services include agreed-upon procedures in connection with the registrant’s semi-annual financial statements ($4,750 in 2018 and $8,140 in 2019).

²  Tax services in connection with the registrant’s excise tax calculations and review of the registrant’s applicable tax returns.

The information in the table below is provided with respect tonon-audit services that directly relate to the registrant’s operations and financial reporting and that were rendered by KPMG to the registrant’s investment adviser, Credit Suisse Asset Management, LLC (“Credit Suisse”), and any service provider to the registrant controlling, controlled by or under common control with Credit Suisse that provided ongoing services to the registrant (“Covered Services Provider”), for the registrant’s fiscal years ended December 31, 2018 and December 31, 2019.

	2018		2019
Audit-Related Fees		N/A		N/A
Tax Fees		N/A		N/A
All Other Fees		N/A		N/A
Total		N/A		N/A

2

(e)(1)Pre-Approval Policies and Procedures. The Audit Committee (“Committee”) of the registrant is responsible forpre-approving (i) all audit and permissiblenon-audit services to be provided by the independent registered public accounting firm to the registrant and (ii) all permissiblenon-audit services to be provided by the independent registered public accounting firm to Credit Suisse and any Covered Services Provider if the engagement relates directly to the operations and financial reporting of the registrant. The Committee may delegate its responsibility topre-approve any such audit and permissiblenon-audit services to the Chairperson of the Committee, and the Chairperson shall report to the Committee, at its next regularly scheduled meeting after the Chairperson’spre-approval of such services, his or her decision(s). The Committee may also establish detailedpre-approval policies and procedures forpre-approval of such services in accordance with applicable laws, including the delegation of some or all of the Committee’spre-approval responsibilities to other persons (other than Credit Suisse or the registrant’s officers).Pre-approval by the Committee of any permissiblenon-audit services shall not be required so long as: (i) the aggregate amount of all such permissiblenon-audit services provided to the registrant, Credit Suisse and any Covered Services Provider constitutes not more than 5% of the total amount of revenues paid by the registrant to its independent registered public accounting firm during the fiscal year in which the permissiblenon-audit services are provided; (ii) the permissiblenon-audit services were not recognized by the registrant at the time of the engagement to benon-audit services; and (iii) such services are promptly brought to the attention of the Committee and approved by the Committee (or its delegate(s)) prior to the completion of the audit.

(e)(2) The information in the table below sets forth the percentages of fees for services (other than audit, review or attest services) rendered by KPMG to the registrant for which thepre-approval requirement was waived pursuant to Rule2-01(c)(7)(i)(C) of RegulationS-X:

	2018		2019
Audit-Related Fees		N/A		N/A
Tax Fees		N/A		N/A
All Other Fees		N/A		N/A
Total		N/A		N/A

3

The information in the table below sets forth the percentages of fees for services (other than audit, review or attest services) rendered by KPMG to Credit Suisse and any Covered Services Provider required to be approved pursuant to Rule2-01(c)(7)(ii) of RegulationS-X, for the registrant’s fiscal years ended December 31, 2018 and December 31, 2019:

	2018		2019
Audit-Related Fees		N/A		N/A
Tax Fees		N/A		N/A
All Other Fees		N/A		N/A
Total		N/A		N/A

(f) Not Applicable.

(g) The aggregate fees billed by KPMG fornon-audit services rendered to the registrant, Credit Suisse and Covered Service Providers for the fiscal years ended December 31, 2018 and December 31, 2019 were $0 and $0, respectively.

(h) Not Applicable.

Item 5. Audit Committee of Listed Registrants.

The registrant has a separately designated standing audit committee established in accordance with Section 3(a)(58)(A) of the Securities Exchange Act of 1934, as amended. The members of the committee are Laura A. DeFelice, Jeffrey E. Garten, Mahendra R. Gupta and Steven N. Rappaport.

Item 6. Schedule of Investments.

Included as part of the report to shareholders filed under Item 1 of this Form.

Item 7. Disclosure of Proxy Voting Policies and Procedures forClosed-End Management Investment Companies.

4

CREDIT SUISSE ASSET MANAGEMENT, LLC

CREDIT SUISSE FUNDS

PROXY VOTING POLICY AND PROCEDURES

Introduction

Credit Suisse Asset Management, LLC (“Credit Suisse”) is a fiduciary that owes each of its client’s duties of care and loyalty with respect to proxy voting. The duty of care requires Credit Suisse to monitor corporate events and to vote proxies. To satisfy its duty of loyalty, Credit Suisse must cast proxy votes in the best interests of each of its clients.

The Credit Suisse Funds, and Credit SuisseClosed-End Funds (the “Funds”), which have engaged Credit Suisse Asset Management, LLC as their investment adviser, are of the belief that the proxy voting process is a means of addressing corporate governance issues and encouraging corporate actions both of which can enhance shareholder value.

Policy

The Proxy Voting Policy (the “Policy”) set forth below is designed to ensure that proxies are voted in the best interests of Credit Suisse’s clients. The Policy addresses particular issues and gives a general indication of how Credit Suisse will vote proxies. The Policy is not exhaustive and does not include all potential issues.

Proxy Voting Committee

The Proxy Voting Committee will consist of a member of a disinterested member of the Portfolio Management Department, a member of the General Counsel Department, a member of the Compliance Department (or their designees), and a member of Fund Administration. The purpose of the Proxy Voting Committee is to administer the voting of all clients’ proxies in accordance with the Policy. The Proxy Voting Committee will review the Policy annually to ensure that it is designed to promote the best interests of Credit Suisse’s clients.

For the reasons disclosed below under “Conflicts,” the Proxy Voting Committee has engaged the services of an independent third party (initially, Risk Metrics Group’s ISS Governance Services Unit (“ISS”)) to assist in issue analysis and vote recommendation for proxy proposals. Proxy proposals addressed by the Policy will be voted in accordance with the Policy. Proxy proposals addressed by the Policy that require acase-by-case analysis will be voted in accordance with the vote recommendation of ISS. Proxy proposals not addressed by the Policy will also be voted in accordance with the vote recommendation of ISS. To the extent that the Proxy Voting Committee proposes to deviate from the Policy or the ISS vote recommendation, the Committee shall obtain client consent as described below.

5

Credit Suisse investment professionals may submit a written recommendation to the Proxy Voting Committee to vote in a manner inconsistent with the Policy and/or the recommendation of ISS. Such recommendation will set forth its basis and rationale. In addition, the investment professional must confirm in writing that he/she is not aware of any conflicts of interest concerning the proxy matter or provide a full and complete description of the conflict.

In the event a Portfolio Manager (“PM”) desires to deviate from the stated voting parameters outlined in the Policy, the PM is required to submit a memo detailing the request and rationale for the deviation to the Chair of the Proxy Voting Committee. The Chair of the Proxy Voting Committee (“Committee”) will convene a meeting where the PM will present their recommendation. In the event an in person or telephonic meeting cannot be organized, the Chair of the Committee will circulate the PM’s request for an exception to the Proxy Voting Committee for consideration.

Should such Policy exception be approved by the Proxy Voting Committee, the Committee will forward the instructions to ISS for processing and will minute the meeting.

Conflicts

Credit Suisse is the part of the asset management business of Credit Suisse, one of the world’s leading banks. As part of a global, full service investment-bank, broker-dealer, and wealth-management organization, Credit Suisse and its affiliates and personnel may have multiple advisory, transactional, financial, and other interests in securities, instruments, and companies that may be purchased or sold by Credit Suisse for its clients’ accounts. The interests of Credit Suisse and/or its affiliates and personnel may conflict with the interests of Credit Suisse’s clients in connection with any proxy issue. In addition, Credit Suisse may not be able to identify all of the conflicts of interest relating to any proxy matter.

Consent

In each and every instance in which the Proxy Voting Committee favors voting in a manner that is inconsistent with the Policy or the vote recommendation of ISS (including proxy proposals addressed and not addressed by the Policy), it shall disclose to the client conflicts of interest information and obtain client consent to vote. Where the client is a Fund, disclosure shall be made to any one director who is not an “interested person,” as that term is defined under the Investment Company Act of 1940, as amended, of the Fund.

6

Recordkeeping

Credit Suisse is required to maintain in an easily accessible place for six years all records relating to proxy voting.

These records include the following:

• a copy of the Policy;

• a copy of each proxy statement received on behalf of Credit Suisse clients;

• a record of each vote cast on behalf of Credit Suisse clients;

• a copy of all documents created by Credit Suisse personnel that were material to making a decision on a vote or that memorializes the basis for the decision; and

• a copy of each written request by a client for information on how Credit Suisse voted proxies, as well as a copy of any written response.

Credit Suisse reserves the right to maintain certain required proxy records with ISS in accordance with all applicable regulations.

Disclosure

Credit Suisse will describe the Policy to each client. Upon request, Credit Suisse will provide any client with a copy of the Policy. Credit Suisse will also disclose to its clients how they can obtain information on their proxy votes.

ISS will capture data necessary for Funds to file FormN-PX on an annual basis concerning their proxy voting record in accordance with applicable law.

Procedures

The Proxy Voting Committee will administer the voting of all client proxies. Credit Suisse has engaged ISS as an independent third party proxy voting service to assist in the voting of client proxies. ISS will coordinate with each client’s custodian to ensure that proxy materials reviewed by the custodians are processed in a timely fashion. ISS will provide Credit Suisse with an analysis of proxy issues and a vote recommendation for proxy proposals. ISS will refer proxies to the Proxy Voting Committee for instructions when the application of the Policy is not clear. The Proxy Voting Committee will notify ISS of any changes to the Policy or deviating thereof.

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PROXY VOTING POLICY

Operational Items

Adjourn Meeting

Proposals to provide management with the authority to adjourn an annual or special meeting will be determined on acase-by-case basis.

Amend Quorum Requirements

Proposals to reduce quorum requirements for shareholder meetings below a majority of the shares outstanding will be determined on acase-by-case basis.

Amend Minor Bylaws

Generally vote for bylaw or charter changes that are of a housekeeping nature.

Change Date, Time, or Location of Annual Meeting

Generally vote for management proposals to change the date/time/location of the annual meeting unless the proposed change is unreasonable. Generally vote against shareholder proposals to change the date/time/location of the annual meeting unless the current scheduling or location is unreasonable.

Ratify Auditors

Generally vote for proposals to ratify auditors unless: (1) an auditor has a financial interest in or association with the company, and is therefore not independent; (2) fees fornon-audit services are excessive, or (3) there is reason to believe that the independent auditor has rendered an opinion, which is neither accurate nor indicative of the company’s financial position. Generally vote on acase-by-case basis on shareholder proposals asking companies to prohibit their auditors from engaging innon-audit services (or capping the level ofnon-audit services). Generally vote on acase-by-case basis on auditor rotation proposals taking into consideration: (1) tenure of audit firm; (2) establishment and disclosure of a renewal process whereby the auditor is regularly evaluated for both audit quality and competitive price; (3) length of the rotation period advocated in the proposal, and (4) significant audit related issues.

Board of Directors

Voting on Director Nominees in Uncontested Elections

Generally votes on director nominees on acase-by-case basis. Votes may be withheld: from directors who (1) attended less than 75% of the board and committee meetings without a valid reason for the absences; (2) implemented or renewed a dead-hand poison pill; (3) ignored a shareholder proposal that was approved by a majority of the votes cast for two consecutive years; (4) ignored a shareholder proposal approved by a majority of the shares outstanding; (5) have failed to act on takeover offers where the majority of the shareholders have tendered their

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shares; (6) are inside directors or affiliated outside directors and sit on the audit, compensation, or nominating committee; (7) are inside directors or affiliated outside directors and the full board serves as the audit, compensation, or nominating committee or the company does not have one of these committees; or (8) are audit committee members and thenon-audit fees paid to the auditor are excessive.

Cumulative Voting

Proposals to eliminate cumulative voting will be determined on acase-by-case basis. Proposals to restore or provide for cumulative voting in the absence of sufficient good governance provisions and/or poor relative shareholder returns will be determined on acase-by-case basis.

Director and Officer Indemnification and Liability Protection

Proposals on director and officer indemnification and liability protection generally evaluated on acase-by-case basis. Generally vote against proposals that would: (1) eliminate entirely directors’ and officers’ liability for monetary damages for violating the duty of care; or (2) expand coverage beyond just legal expenses to acts, such as negligence, that are more serious violations of fiduciary obligation than mere carelessness. Generally vote for only those proposals providing such expanded coverage in cases when a director’s or officer’s legal defense was unsuccessful if: (1) the director was found to have acted in good faith and in a manner that he reasonably believed was in the best interests of the company, and (2) only if the director’s legal expenses would be covered.

Filling Vacancies/Removal of Directors

Generally vote against proposals that provide that directors may be removed only for cause. Generally vote for proposals to restore shareholder ability to remove directors with or without cause. Proposals that provide that only continuing directors may elect replacements to fill board vacancies will be determined on acase-by-case basis. Generally vote for proposals that permit shareholders to elect directors to fill board vacancies.

Independent Chairman (Separate Chairman/CEO)

Generally vote for shareholder proposals requiring the position of chairman be filled by an independent director unless there are compelling reasons to recommend against the proposal, including: (1) designated lead director, elected by and from the independent board members with clearly delineated duties; (2) 2/3 independent board; (3) all independent key committees; or (4) established governance guidelines.

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Majority of Independent Directors

Generally vote for shareholder proposals requiring that the board consist of a majority or substantial majority(two-thirds) of independent directors unless the board composition already meets the adequate threshold. Generally vote for shareholder proposals requiring the board audit, compensation, and/or nominating committees be composed exclusively of independent directors if they currently do not meet that standard. Generally withhold votes from insiders and affiliated outsiders sitting on the audit, compensation, or nominating committees. Generally withhold votes from insiders and affiliated outsiders on boards that are lacking any of these three panels. Generally withhold votes from insiders and affiliated outsiders on boards that are not at least majority independent.

Term Limits

Generally vote against shareholder proposals to limit the tenure of outside directors.

Proxy Contests

Voting on Director Nominees in Contested Elections

Votes in a contested election of directors should be decided on acase-by-case basis, with shareholders determining which directors are best suited to add value for shareholders. The major decision factors are: (1) company performance relative to its peers; (2) strategy of the incumbents versus the dissidents; (3) independence of directors/nominees; (4) experience and skills of board candidates; (5) governance profile of the company; (6) evidence of management entrenchment; (7) responsiveness to shareholders; or (8) whether takeover offer has been rebuffed.

Amend Bylaws without Shareholder Consent

Proposals giving the board exclusive authority to amend the bylaws will be determined on acase-by-case basis. Proposals giving the board the ability to amend the bylaws in addition to shareholders will be determined on acase-by-case basis.

Confidential Voting

Generally vote for shareholder proposals requesting that corporations adopt confidential voting, use independent vote tabulators and use independent inspectors of election, as long as the proposal includes a provision for proxy contests as follows: In the case of a contested election, management should be permitted to request that the dissident group honor its confidential voting policy. If the dissidents agree, the policy may remain in place. If the dissidents will not agree, the confidential voting policy may be waived. Generally vote for management proposals to adopt confidential voting.

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Cumulative Voting

Proposals to eliminate cumulative voting will be determined on acase-by-case basis. Proposals to restore or provide for cumulative voting in the absence of sufficient good governance provisions and/or poor relative shareholder returns will be determined on acase-by-case basis.

Antitakeover Defenses and Voting Related Issues

Advance Notice Requirements for Shareholder Proposals/Nominations

Votes on advance notice proposals are determined on acase-by-case basis.

Amend Bylaws without Shareholder Consent

Proposals giving the board exclusive authority to amend the bylaws will be determined on acase-by-case basis. Generally vote for proposals giving the board the ability to amend the bylaws in addition to shareholders.

Poison Pills (Shareholder Rights Plans)

Generally vote for shareholder proposals requesting that the company submit its poison pill to a shareholder vote or redeem it. Votes regarding management proposals to ratify a poison pill should be determined on acase-by-case basis. Plans should embody the following attributes: (1) 20% or higherflip-in or flip-over; (2) two to three year sunset provision; (3) no dead-hand orno-hand features; or (4) shareholder redemption feature.

Shareholders’ Ability to Act by Written Consent

Generally vote against proposals to restrict or prohibit shareholders’ ability to take action by written consent. Generally vote for proposals to allow or make easier shareholder action by written consent.

Shareholders’ Ability to Call Special Meetings

Proposals to restrict or prohibit shareholders’ ability to call special meetings or that remove restrictions on the right of shareholders to act independently of management will be determined on acase-by-case basis.

Supermajority Vote Requirements

Proposals to require a supermajority shareholder vote will be determined on acase-by-case basis. Proposals to lower supermajority vote requirements will be determined on acase-by-case basis.

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Merger and Corporate Restructuring

Appraisal Rights

Generally vote for proposals to restore, or provide shareholders with, rights of appraisal.

Asset Purchases

Generally votecase-by-case on asset purchase proposals, taking into account: (1) purchase price, including earn out and contingent payments; (2) fairness opinion; (3) financial and strategic benefits; (4) how the deal was negotiated; (5) conflicts of interest; (6) other alternatives for the business; or (7) noncompletion risk (company’s going concern prospects, possible bankruptcy).

Asset Sales

Votes on asset sales should be determined on acase-by-case basis after considering: (1) impact on the balance sheet/working capital; (2) potential elimination of diseconomies; (3) anticipated financial and operating benefits; (4) anticipated use of funds; (5) value received for the asset; fairness opinion (if any); (6) how the deal was negotiated; or (6) conflicts of interest

Conversion of Securities

Votes on proposals regarding conversion of securities are determined on acase-by-case basis. When evaluating these proposals, should review (1) dilution to existing shareholders’ position; (2) conversion price relative to market value; (3) financial issues: company’s financial situation and degree of need for capital; effect of the transaction on the company’s cost of capital; (4) control issues: change in management; change in control; standstill provisions and voting agreements; guaranteed contractual board and committee seats for investor; veto power over certain corporate actions; (5) termination penalties; (6) conflict of interest: arm’s length transactions, managerial incentives. Generally vote for the conversion if it is expected that the company will be subject to onerous penalties or will be forced to file for bankruptcy if the transaction is not approved.

Corporate Reorganization

Votes on proposals to increase common and/or preferred shares and to issue shares as part of a debt restructuring plan are determined on acase-by-case basis, after evaluating: (1) dilution to existing shareholders’ position; (2) terms of the offer; (3) financial issues; (4) management’s efforts to pursue other alternatives; (5) control issues; (6) conflict of interest. Generally vote for the debt restructuring if it is expected that the company will file for bankruptcy if the transaction is not approved.

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Reverse Leveraged Buyouts

Votes on proposals to increase common and/or preferred shares and to issue shares as part of a debt restructuring plan are determined on acase-by-case basis, after evaluating: (1) dilution to existing shareholders’ position; (2) terms of the offer; (3) financial issues; (4) management’s efforts to pursue other alternatives; (5) control issues; (6) conflict of interest. Generally vote for the debt restructuring if it is expected that the company will file for bankruptcy if the transaction is not approved.

Formation of Holding Company

Votes on proposals regarding the formation of a holding company should be determined on acase-by-case basis taking into consideration: (1) the reasons for the change; (2) any financial or tax benefits; (3) regulatory benefits; (4) increases in capital structure; (5) changes to the articles of incorporation or bylaws of the company. Absent compelling financial reasons to recommend the transaction, generally vote against the formation of a holding company if the transaction would include either of the following: (1) increases in common or preferred stock in excess of the allowable maximum as calculated a model capital structure; (2) adverse changes in shareholder rights; (3) going private transactions; (4) votes going private transactions on acase-by-case basis, taking into account: (a) offer price/premium; (b) fairness opinion; (c) how the deal was negotiated; (d) conflicts of interest; (e) other alternatives/offers considered; (f) noncompletion risk.

Joint Ventures

Vote on acase-by-case basis on proposals to form joint ventures, taking into account: (1) percentage of assets/business contributed; (2) percentage ownership; (3) financial and strategic benefits; (4) governance structure; (5) conflicts of interest; (6) other alternatives; (7) noncompletion risk; (8) liquidations. Votes on liquidations should be determined on acase-by-case basis after reviewing: (1) management’s efforts to pursue other alternatives such as mergers; (2) appraisal value of the assets (including any fairness opinions); (3) compensation plan for executives managing the liquidation. Generally vote for the liquidation if the company will file for bankruptcy if the proposal is not approved.

Mergers and Acquisitions

Votes on mergers and acquisitions should be considered on acase-by-case basis, determining whether the transaction enhances shareholder value by giving consideration to: (1) prospects of the combined companies; (2) anticipated financial and operating benefits; (3) offer price; (4) fairness opinion; (5) how the deal was negotiated; (6) changes in corporate governance and their impact on shareholder rights; (7) change in the capital structure; (8) conflicts of interest.

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Private Placements

Votes on proposals regarding private placements should be determined on acase-by-case basis. When evaluating these proposals, should review: (1) dilution to existing shareholders’ position; (2) terms of the offer; (3) financial issues; (4) management’s efforts to pursue alternatives such as mergers; (5) control issues; (6) conflict of interest. Generally vote for the private placement if it is expected that the company will file for bankruptcy if the transaction is not approved.

Prepackaged Bankruptcy Plans

Votes on proposals to increase common and/or preferred shares and to issue shares as part of a debt restructuring plan are determined on acase-by-case basis, after evaluating: (1) dilution to existing shareholders’ position; (2) terms of the offer; (3) financial issues; (4) management’s efforts to pursue other alternatives; (5) control issues; (6) conflict of interest. Generally vote for the debt restructuring if it is expected that the company will file for bankruptcy if the transaction is not approved.

Recapitalization

Votescase-by-case on recapitalizations (reclassifications of securities), taking into account: (1) more simplified capital structure; (2) enhanced liquidity; (3) fairness of conversion terms, including fairness opinion; (4) impact on voting power and dividends; (5) reasons for the reclassification; (6) conflicts of interest; (7) other alternatives considered.

Reverse Stock Splits

Generally vote for management proposals to implement a reverse stock split when the number of authorized shares will be proportionately reduced. Generally vote for management proposals to implement a reverse stock split to avoid delisting. Votes on proposals to implement a reverse stock split that do not proportionately reduce the number of shares authorized for issue should be determined on acase-by-case basis.

Spinoffs

Votes on spinoffs should be considered on acase-by-case basis depending on: (1) tax and regulatory advantages; (2) planned use of the sale proceeds; (3) valuation of spinoff; fairness opinion; (3) benefits that the spinoff may have on the parent company including improved market focus; (4) conflicts of interest; managerial incentives; (5) any changes in corporate governance and their impact on shareholder rights; (6) change in the capital structure.

Value Maximization Proposals

Votecase-by-case on shareholder proposals seeking to maximize shareholder value.

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Capital Structure

Adjustments to Par Value of Common Stock

Generally vote for management proposals to reduce the par value of common stock unless the action is being taken to facilitate an antitakeover device or some other negative corporate governance action. Generally vote for management proposals to eliminate par value.

Common Stock Authorization

Votes on proposals to increase the number of shares of common stock authorized for issuance are determined on acase-by-case basis. Generally vote against proposals at companies with dual-class capital structures to increase the number of authorized shares of the class of stock that has superior voting rights. Generally vote for proposals to approve increases beyond the allowable increase when a company’s shares are in danger of being delisted or if a company’s ability to continue to operate as a going concern is uncertain.

Dual-class Stock

Generally vote against proposals to create a new class of common stock with superior voting rights. Generally vote for proposals to create a new class of nonvoting or subvoting common stock if: (1) it is intended for financing purposes with minimal or no dilution to current shareholders; (2) it is not designed to preserve the voting power of an insider or significant shareholder.

Issue Stock for Use with Rights Plan

Generally vote against proposals that increase authorized common stock for the explicit purpose of implementing a shareholder rights plan.

Preemptive Rights

Votes regarding shareholder proposals seeking preemptive rights should be determined on acase-by-case basis after evaluating: (1) the size of the company; (2) the shareholder base; (3) the liquidity of the stock

Preferred Stock

Generally vote against proposals authorizing the creation of new classes of preferred stock with unspecified voting, conversion, dividend distribution, and other rights (“blank check” preferred stock). Generally vote for proposals to create “declawed” blank check preferred stock (stock that cannot be used as a takeover defense). Generally vote for proposals to authorize preferred stock in cases where the company specifies the voting, dividend,

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conversion, and other rights of such stock and the terms of the preferred stock appear reasonable. Generally vote against proposals to increase the number of blank check preferred stock authorized for issuance when no shares have been issued or reserved for a specific purpose. Generally votecase-by-case on proposals to increase the number of blank check preferred shares after analyzing the number of preferred shares available for issue given a company’s industry and performance in terms of shareholder returns.

Recapitalization

Votecase-by-case on recapitalizations (reclassifications of securities), taking into account: (1) more simplified capital structure; (2) enhanced liquidity; (3) fairness of conversion terms, including fairness opinion; (4) impact on voting power and dividends; (5) reasons for the reclassification; (6) conflicts of interest; (7) other alternatives considered.

Reverse Stock Splits

Generally vote for management proposals to implement a reverse stock split when the number of authorized shares will be proportionately reduced. Generally vote for management proposals to implement a reverse stock split to avoid delisting. Votes on proposals to implement a reverse stock split that do not proportionately reduce the number of shares authorized for issue should be determined on acase-by-case basis.

Share Repurchase Programs

Generally vote for management proposals to institute open-market share repurchase plans in which all shareholders may participate on equal terms.

Stock Distributions: Splits and Dividends

Generally vote for management proposals to increase the common share authorization for a stock split or share dividend, provided that the increase in authorized shares would not result in an excessive number of shares available for issuance.

Tracking Stock

Votes on the creation of tracking stock are determined on acase-by-case basis, weighing the strategic value of the transaction against such factors as: (1) adverse governance changes; (2) excessive increases in authorized capital stock; (3) unfair method of distribution; (4) diminution of voting rights; (5) adverse conversion features; (6) negative impact on stock option plans; (7) other alternatives such as a spinoff.

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Executive and Director Compensation

Executive and Director Compensation

Votes on compensation plans for directors are determined on acase-by-case basis.

Stock Plans in Lieu of Cash

Votes for plans which provide participants with the option of taking all or a portion of their cash compensation in the form of stock are determined on acase-by-case basis. Generally vote for plans which provide adollar-for-dollar cash for stock exchange. Votes for plans which do not provide adollar-for-dollar cash for stock exchange should be determined on acase-by-case basis.

Director Retirement Plans

Generally vote against retirement plans for nonemployee directors. Generally vote for shareholder proposals to eliminate retirement plans for nonemployee directors.

Management Proposals Seeking Approval to Reprice Options

Votes on management proposals seeking approval to reprice options are evaluated on acase-by-case basis giving consideration to the following: (1) historic trading patterns; (2) rationale for the repricing;(3) value-for-value exchange; (4) option vesting; (5) term of the option; (6) exercise price; (7) participants; (8) employee stock purchase plans. Votes on employee stock purchase plans should be determined on acase-by-case basis. Generally vote for employee stock purchase plans where: (1) purchase price is at least 85 percent of fair market value; (2) offering period is 27 months or less, and (3) potential voting power dilution (VPD) is ten percent or less. Generally vote against employee stock purchase plans where either: (1) purchase price is less than 85 percent of fair market value; (2) Offering period is greater than 27 months, or (3) VPD is greater than ten percent

Incentive Bonus Plans and Tax Deductibility Proposals

Generally vote for proposals that simply amend shareholder-approved compensation plans to include administrative features or place a cap on the annual grants any one participant may receive. Generally vote for proposals to add performance goals to existing compensation plans. Votes to amend existing plans to increase shares reserved and to qualify for favorable tax treatment considered on acase-by-case basis. Generally vote for cash or cash and stock bonus plans that are submitted to shareholders for the purpose of exempting compensation from taxes if no increase in shares is requested.

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Employee Stock Ownership Plans (ESOPs)

Generally vote for proposals to implement an ESOP or increase authorized shares for existing ESOPs, unless the number of shares allocated to the ESOP is excessive (more than five percent of outstanding shares.)

401(k) Employee Benefit Plans

Generally vote for proposals to implement a 401(k) savings plan for employees.

Shareholder Proposals Regarding Executive and Director Pay

Generally vote for shareholder proposals seeking additional disclosure of executive and director pay information, provided the information requested is relevant to shareholders’ needs, would not put the company at a competitive disadvantage relative to its industry, and is not unduly burdensome to the company. Generally vote against shareholder proposals seeking to set absolute levels on compensation or otherwise dictate the amount or form of compensation. Generally vote against shareholder proposals requiring director fees be paid in stock only. Generally vote for shareholder proposals to put option repricings to a shareholder vote. Vote for shareholders proposals to exclude pension fund income in the calculation of earnings used in determining executive bonuses/compensation. Vote on acase-by-case basis for all other shareholder proposals regarding executive and director pay, taking into account company performance, pay level versus peers, pay level versus industry, and long term corporate outlook.

Performance-Based Option Proposals

Generally vote for shareholder proposals advocating the use of performance-based equity awards (indexed, premium-priced, and performance-vested options), unless: (1) the proposal is overly restrictive; or (2) the company demonstrates that it is using a substantial portion of performance-based awards for its top executives.

Stock Option Expensing

Generally vote for shareholder proposals asking the company to expense stock options unless the company has already publicly committed to start expensing by a specific date.

Golden and Tin Parachutes

Generally vote for shareholder proposals to require golden and tin parachutes to be submitted for shareholder ratification, unless the proposal requires shareholder approval prior to entering into employment contracts. Vote on acase-by-case basis on proposals to ratify or cancel golden or tin parachutes.

May 21, 2019

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Item 8. Portfolio Managers ofClosed-End Management Investment Companies.

Information pertaining to the Chief Investment Officer and Portfolio Manager of the Credit Suisse Asset Management Income Fund, as of December 31, 2019, is set forth below.

Thomas J. Flannery Chief Investment Officer Since 2010 Year of Birth: 1974	Managing Director of Credit Suisse and Head of the Credit Suisse US High Yield Management Team; Associated with Credit Suisse Group A.G. since 1998; Officer of other Credit Suisse Funds
Wing Chan Portfolio Manager Year of Birth: 1976	Managing Director of Credit Suisse and a member of the US High Yield Management Team; Associated with Credit Suisse since 2005

Registered Investment Companies, Pooled Investment Vehicles and Other Accounts Managed

As reported to the Registrant, the information in the following table reflects the number of registered investment companies, pooled investment vehicles and other accounts managed by Mr. Flannery and Ms. Chan and the total assets managed within each category as of December 31, 2019.

	Registered Investment Companies			Other Pooled Investment Vehicles			Other Accounts
Thomas J. Flannery*		5	$3,426 million		47	$36,796 million		33	$12,024 million
Wing Chan		5	$3,426 million		14	$12,114 million		33	$12,024 million

* As of December 31, 2019, Mr. Flannery manages 36 accounts which have total assets under management of $25,462 million, and which have additional fees based on the performance of the accounts.

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Potential Conflicts of Interest

It is possible that conflicts of interest may arise in connection with the portfolio managers’ management of the Funds’ investments on the one hand and the investments of other accounts on the other. For example, the portfolio managers may have conflicts of interest in allocating management time, resources and investment opportunities among the Funds and other accounts they advise. In addition due to differences in the investment strategies or restrictions between the Funds and the other accounts, the portfolio managers may take action with respect to another account that differs from the action taken with respect to the Funds. Credit Suisse has adopted policies and procedures that are designed to minimize the effects of these conflicts.

If Credit Suisse believes that the purchase or sale of a security is in the best interest of more than one client, it may (but is not obligated to) aggregate the orders to be sold or purchased to seek favorable execution or lower brokerage commissions, to the extent permitted by applicable laws and regulations. Credit Suisse may aggregate orders if all participating client accounts benefit equally (i.e., all receive an average price of the aggregated orders). In the event Credit Suisse aggregates an order for participating accounts, the method of allocation will generally be determined prior to the trade execution. Although no specific method of allocation of transactions (as well as expenses incurred in the transactions) is expected to be used, allocations will be designed to ensure that over time all clients receive fair treatment consistent with Credit Suisse’s fiduciary duty to its clients (including its duty to seek to obtain best execution of client trades). The accounts aggregated may include registered and unregistered investment companies managed by Credit Suisse’s affiliates and accounts in which Credit Suisse’s officers, directors, agents, employees or affiliates own interests. Credit Suisse may not be able to aggregate securities transactions for clients who direct the use of a particular broker-dealer, and the client also may not benefit from any improved execution or lower commissions that may be available for such transactions.

Compensation

Thomas J. Flannery and Wing Chan are compensated for their services by Credit Suisse. Their compensation consists of a fixed base salary and a discretionary bonus that is not tied by formula to the performance of any fund or account. The factors taken into account in determining each of their bonuses includes the Fund’s performance, assets held in the Fund and other accounts managed by each of them, business growth, team work, management, corporate citizenship, etc.

A portion of the bonus may be paid in phantom shares of Credit Suisse Group AG stock as deferred compensation. Phantom shares are shares representing an unsecured right to receive on a particular date a specified number of registered shares subject to certain terms and conditions. A portion of the bonus will receive the notional return of the fund(s) the portfolio manager manages and a portion of the bonus will receive the notional return of a basket of other Credit Suisse funds along the product line of the portfolio manager.

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Like all employees of Credit Suisse, portfolio managers participate in Credit Suisse Group AG’s profit sharing and 401 (k) plans.

Securities Ownership. The following table indicates the dollar range of equity securities in the Fund beneficially owned by the portfolio managers and the value of those shares as of December 31, 2019.

Name of Portfolio Manager(s)	Dollar Range of Equity Securities in the Fund managed by the named Portfolio  Manager*
Thomas J. Flannery	E
Wing Chan	A

Ranges:

A. None

B. $1 - $10,000

C. $10,001 - $50,000

D. $50,001 - $100,000

E. Over $100,000

Item 9. Purchases of Equity Securities byClosed-End Management Investment Company and Affiliated Purchasers.

None.

Item 10. Submission of Matters to a Vote of Security Holders.

There have been no material changes to the procedures by which shareholders may recommend nominees to the registrant’s board of directors since the registrant last provided disclosure in response to the requirements of Item 7(d)(2)(ii)(g) of Schedule 14A in its definitive proxy statement dated March 15, 2019.

Item 11. Controls and Procedures.

(a) As of a date within 90 days from the filing date of this report, the principal executive officer and principal financial officer concluded that the registrant’s disclosure controls and procedures (as defined in Rule30a-3(c) under the Investment Company Act of 1940 (the “Act”)) were effective based on their evaluation of the disclosure controls and procedures required by Rule30a-3(b) under the Act and Rules13a-15(b) or15d-15(b) under the Securities Exchange Act of 1934.

(b) There were no changes in registrant’s internal control over financial reporting (as defined in Rule30a-3(d) under the Act) that occurred during the most recent fiscal half-year covered by this report that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

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Item 12. Disclosure of Securities Lending Activities forClosed-End Management Investment Companies.

During Credit Suisse Asset Management Income Fund, Inc.’s (the “Fund”) most recent fiscal year ending December 31, 2019, State Street Bank and Trust Company (“State Street”) served as the Fund’s securities lending agent.

As a securities lending agent, State Street is responsible for the implementation and administration of a Fund’s securities lending program. Pursuant to its respective Securities Lending Authorization Agreement (“Securities Lending Agreement”) with the Fund, State Street, as a general matter, performs various services, including the following:

• lend available securities to institutions that are approved borrowers

• determine whether a loan shall be made and negotiate and establish the terms and conditions of the loan with the borrower

• ensure that all dividends and other distributions paid with respect to loaned securities are credited to the fund’s relevant account

• receive and hold, on the fund’s behalf, or transfer to a fund account, upon instruction by the fund, collateral from borrowers to secure obligations of borrowers with respect to any loan of available securities

• mark-to-market the market value of loaned securities relative to the market value of the collateral each business day

• obtain additional collateral, as needed, in order to maintain the value of the collateral relative to the market value of the loaned securities at the levels required by the Securities Lending Agreement

• at the termination of a loan, return the collateral to the borrower upon the return of the loaned securities

• in accordance with the terms of the Securities Lending Agreement, invest cash collateral in permitted investments, including investments managed by the fund’s investment adviser

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• maintain records relating to the fund’s securities lending activity and provide to the fund a monthly statement describing, among other things, the loans made during the period, the income derived from the loans (or losses incurred) and the amounts of any fees or payments paid with respect to each loan

State Street is compensated for the above-described services from its securities lending revenue split. The tables below show the Fund earned and the fees and compensation it paid to service providers in connections with its securities lending activities during its most recent fiscal year.

Credit Suisse Asset Management Income Fund, Inc. Securities Lending Activities Income and Fees for Fiscal Year 2019
Gross income from securities lending activities (including income from cash collateral reinvestment)	$	219,994
Fees and/or compensation for securities lending activities and related services
Fees paid to securities lending agent from a revenue split	$	16,314
Fees paid for any cash collateral management service (including fees deducted from a pooled cash collateral reinvestment vehicle) that are not included in the revenue split	$	—
Administrative fees not included in revenue split		—
Indemnification fee not included in revenue split		—
Rebate (paid to borrower)	$	154,739
Other fees not included in revenue split		—
Aggregate fees/compensation for securities lending activities and related services	$	65,255
Net income from securities lending activities	$	48,941

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Item 13. Exhibits.

(a)(1) Registrant’s Code of Ethics is an exhibit to this report.

(a)(2) The certifications of the registrant as required by Rule30a-2(a) under the Act are exhibits to this report.

(a)(3) Not applicable.

(b) The certifications of the registrant as required by Rule30a-2(b) under the Act are an exhibit to this report.

(other) Iran related activities disclosure requirement.

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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/ John G. Popp

Name: John G. Popp

Title:   Chief Executive Officer and President

Date:   March 2, 2020

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/ John G. Popp

Name: John G. Popp

Title:   Chief Executive Officer and President

Date:   March 2, 2020

/s/ Omar Tariq

Name: Omar Tariq

Title:   Chief Financial Officer and Treasurer

Date:   March 2, 2020

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