SCHEDULE 13G/A: First Trust Entities Maintain Significant Stake in Credit Suisse Asset Management Income Fund, Inc.

First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation collectively report a 20.80% beneficial ownership stake in Credit Suisse Asset Management Income Fund, Inc. as of March 31, 2025.

Summary

• First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation jointly filed an Amendment No. 26 to Schedule 13G.
• The filing reports beneficial ownership of 11,401,315 common shares of Credit Suisse Asset Management Income Fund, Inc.
• This aggregate amount represents 20.80% of the issuer's common stock.
• The reporting persons (First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation) have shared dispositive power over all 11,401,315 shares.
• They report having no sole or shared voting power over these shares, as the shares held in unit investment trusts are voted by the trustee.
• The Charger Corporation is the General Partner of both First Trust Portfolios L.P. and First Trust Advisors L.P.
• First Trust Portfolios L.P. acts as sponsor of unit investment trusts that hold shares of the issuer.
• First Trust Advisors L.P. acts as portfolio supervisor of these unit investment trusts and also advises other investment vehicles holding issuer shares.
• The reporting persons disclaim beneficial ownership of the shares identified in this filing.

Sentiment

Score: 5

Explanation: The document is a factual regulatory filing (Schedule 13G) reporting beneficial ownership, which inherently carries a neutral sentiment. It does not contain qualitative statements or performance data that would indicate positive or negative sentiment.

Future Outlook

This document is a beneficial ownership report and does not contain forward-looking statements or guidance regarding the issuer's future performance or outlook.

Industry Context

This filing reflects a significant passive institutional ownership stake in a closed-end fund. Such large holdings by investment management firms are common in the asset management industry, indicating a long-term investment or a position held within various investment products managed by the reporting entities.

Related Party Transactions

• The Charger Corporation is the General Partner of both First Trust Portfolios L.P. and First Trust Advisors L.P., establishing a control relationship among the reporting entities.
• First Trust Portfolios L.P. sponsors unit investment trusts that hold shares of the issuer.
• First Trust Advisors L.P. acts as portfolio supervisor for these unit investment trusts and as investment advisor/sub-advisor for other investment companies, pooled vehicles, and separately managed accounts that may hold issuer shares.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional holder (20.80%) provides transparency regarding the ownership structure. While the reporting persons disclaim voting power, their shared dispositive power indicates a substantial, albeit passive, investment interest in the fund.

Key Dates

Keywords

Credit Suisse Asset Management Income Fund, First Trust Portfolios, First Trust Advisors, The Charger Corporation, Beneficial Ownership, Schedule 13G, SEC Filing, Investment Fund, Common Stock, Institutional Ownership