In plain terms — UBS Asset Management Income Fund
Shares currently cost about 12.9% less than the value of the assets behind them (a discount).
Over the past year it has averaged a 5.5% discount, so today's level is somewhat wide for this fund (Z-score -1.5). That describes the past; it does not predict where the discount goes next.
It pays regular distributions worth about 10.5% a year of the share price (9.1% of the assets). That is a payout rate, not a return: part of it may be capital being handed back.
Because the shares trade below the value of their assets, each dollar of reinvested distributions buys about $1.15 of assets — a ReinvestCapture™ rate of 12.0%, more than the payout rate itself. That is buying power, not a return.
The assets themselves fell 0.3% over the past year including distributions (NAV total return).
Guided view hides the statistical panels. Switch to Expert view in the grey bar to see them. Nothing here is advice.
Price and NAV, past year
Snapshot
Valuation vs. history
| Window | Average prem/disc | Std. dev. | Z-score | Observations |
|---|---|---|---|---|
| 3 months | -10.67% | 0.91% | -1.23 | 64 |
| 6 months | -9.29% | 1.86% | -1.34 | 124 |
| 1 year | -5.52% | 4.32% | -1.45 | 247 |
| 3 years | -1.96% | — | — | — |
| 5 years | -2.39% | — | — | — |
Current contemporaneous premium/discount -11.79% (close Oct 14, 2026 vs NAV Oct 13, 2026). 1-year range -12.55% to +0.71%. A negative Z-score means a wider discount than the window average — not that the fund is undervalued.
Performance
| Series | 1M | 3M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) |
|---|---|---|---|---|---|---|
| Market price return | -3.36% | -7.26% | -18.73% | -20.96% | -3.75% | -7.79% |
| Market price total return | -2.54% | -4.92% | -12.63% | -12.99% | +5.65% | +1.31% |
| NAV return | -2.59% | -3.66% | -7.39% | -9.00% | -2.18% | -5.40% |
| NAV total return | -1.86% | -1.50% | -0.94% | -0.32% | +7.18% | +3.69% |
Through Oct 14, 2026. Total return reinvests distributions at the series value on the ex-date. Cumulative ≤ 1 year, annualised beyond.
About the fund
Managed by Credit Suisse Asset Management, LLC, the Credit Suisse Asset Management Income Fund, Inc. is a closed-ended mutual fund dedicated to fixed income investments. It primarily allocates capital within the United States fixed income markets, with a particular emphasis on high-yield corporate debt. The fund's holdings predominantly comprise bonds and debentures rated Baa or lower by Moody's, or BBB or lower by S&P. Its investment performance is measured against the BofA Merrill Lynch US High Yield Master II Constrained Index. The fund was established in the United States on February 11, 1987.
CEF Explorer research page for UBS Asset Management Income Fund, Inc.. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.