July 29, 2013

Dear Shareholder:

We are pleased to present this Semiannual Report covering the activities of the Credit Suisse Asset Management Income Fund, Inc. for the six month period ended June 30, 2013.

Performance Summary

01/01/13 – 06/30/13

Fund & Benchmark	Performance
Total Return (based on NAV)¹		3.53	%
Total Return (based on market value)¹		-1.61	%
BofA Merrill Lynch US High Yield Master II Constrained Index²		1.50	%

Market Review: A modestly positive period for high yield bonds

The semiannual period ended June 30, 2013 was modestly positive for high yield bonds, with the BofA Merrill Lynch High Yield Master II Constrained Index, the Fund's benchmark, registering a return of 1.50%. The Index saw positive returns in first four months of the year before entering a sell-off period in May and June, driven by outflows from high yield retail funds. Additionally, high yield spreads tightened by just one basis point versus Treasuries to end the period at +525 basis points, while yield for the High Yield market finished at 6.64%.

By credit quality, CCC-rated and CC-rated securities outperformed the Index, returning 5.43% and 9.53% for the period, respectively. Conversely, BB- and B-rated securities underperformed the Index with respective returns of 0.06% and 1.49%. Food & drug retail, insurance and broadcasting were the Index's best performers for the period, while cable TV, hotels and metals/mining were the lowest performers.

According to JP Morgan, the high yield default rate decreased in the first half, finishing the period at 1.09%, well below its historical average of 4.2%. Additionally, the percentage of U.S. high yield securities that are "distressed," defined as those trading at spreads of more than 1,000 basis points over Treasuries, fell to 7% in June (compared to 9.9% in December 2012).

JP Morgan reported that new issue volume for the six month period was $219.7 billion, compared with $161.7 billion for the first half of 2012. The first quarter new issue volume of $121.1 billion set new records, while the second quarter volume of $98.6 billion marked the first sub $100 billion quarter since 2Q of 2012. High-yield mutual funds saw outflows in three of the last six months and reported a total outflow of approximately $10.1 billion during the period, as reported by Lipper FMI.

Strategic Review and Outlook: Looking for pockets of opportunities

For the six month period ended June 30, 2013, the Fund outperformed its benchmark on an NAV basis, but underperformed on a market price basis. An allocation to CLOs and security selection in the energy exploration, metals/mining and building & construction sectors contributed positively to relative returns. Conversely, positions in electric generation detracted from returns.

As markets have become more volatile in the past two months, with increased rhetoric concerning the Fed's tapering of the quantitative easing program, we are maintaining our portfolio exposures and will continue to emphasize B-rated bonds that exhibit the most compelling risk-return profiles. Though we continue to focus on shorter duration bonds, recent weakness has improved some valuations and, subsequently, we have selectively added bonds with 8-10 year maturities. Additionally, we are maintaining an underweight to the most levered and aggressive CC-rated components of the Index, as they typically exhibit the most volatility and we do not believe current valuations adequately compensate investors on a relative basis. Lastly, we continue to focus on lower beta securities whose valuations are not as exposed to market fluctuations.

Par (000)			Ratings† (S&P/Moody's)	Maturity	Rate%		Value
CORPORATE BONDS (81.4%)
Aerospace & Defense (1.3%)
$	650	AAR Corp., Rule 144A, Company Guaranteed Notes (Callable 01/15/17@ 103.63) ‡	(BB, Ba3)	01/15/22		7.250	$	700,375
	1,750	Ducommun, Inc., Global Company Guaranteed Notes (Callable 07/15/15@ 104.88)	(B-, B3)	07/15/18		9.750		1,920,625
								2,621,000
Airlines (0.4%)
	500	Continental Airlines 2012-3 Class C Pass Thru Certificates	(B+, B1)	04/29/18		6.125		505,000
	200	United Continental Holdings, Inc., Company Guaranteed Notes	(B, B2)	06/01/18		6.375		197,500
								702,500
Auto Parts & Equipment (4.7%)
	500	IDQ Holdings, Inc., Rule 144A, Senior Secured Notes (Callable 10/01/14@ 108.63) ‡	(B, B3)	04/01/17		11.500		550,000
	363	Lear Corp., Company Guaranteed Notes (Callable 03/15/15@ 104.06)	(BB, Ba2)	03/15/20		8.125		399,300
	1,080	Mark IV USA SCA, Rule 144A, Senior Secured Notes (Callable 12/15/13@ 106.66) ‡€	(BB-, Ba3)	12/15/17		8.875		1,488,067
	675	Meritor, Inc., Company Guaranteed Notes (Callable 03/15/14@ 105.31)	(B-, B3)	03/15/18		10.625		734,063
	500	Meritor, Inc., Company Guaranteed Notes (Callable 06/15/16@ 105.06) §	(B-, B3)	06/15/21		6.750		480,000
	550	Schaeffler Finance BV, Rule 144A, Senior Secured Notes ‡	(B+, Ba3)	02/15/17		7.750		610,500
	1,000	Schaeffler Finance BV, Rule 144A, Senior Secured Notes (Callable 02/15/15@ 106.38) ‡	(B+, Ba3)	02/15/19		8.500		1,120,000
	1,575	Stoneridge, Inc., Rule 144A, Secured Notes (Callable 10/15/14@ 104.75) ‡	(BB-, B2)	10/15/17		9.500		1,693,125
	1,000	Tomkins, Inc., Global Secured Notes (Callable 10/01/14@ 104.50)	(BB-, B1)	10/01/18		9.000		1,095,000
	1,000	UCI International, Inc., Global Company Guaranteed Notes (Callable 02/15/15@ 104.31)	(CCC+, B3)	02/15/19		8.625		1,025,000
								9,195,055
Building & Construction (0.6%)
	500	K Hovnanian Enterprises, Inc., Global Senior Secured Notes	(CCC+, B3)	11/01/21		2.000		342,500
	750	RSI Home Products, Inc., Rule 144A, Secured Notes (Callable 03/01/15@ 105.16) ‡	(B+, B1)	03/01/18		6.875		770,625
								1,113,125
Building Materials (2.2%)
	1,525	Euramax International, Inc., Global Senior Secured Notes (Callable 04/01/14@ 107.13)	(B-, Caa2)	04/01/16		9.500		1,467,813
	1,850	Headwaters, Inc., Global Secured Notes (Callable 04/01/15@ 103.81)	(B+, B2)	04/01/19		7.625		1,942,500
	900	International Wire Group Holdings, Inc., Rule 144A, Senior Secured Notes (Callable 10/15/15@ 104.25) ‡	(B, B3)	10/15/17		8.500		918,000
								4,328,313
Chemicals (3.7%)
	1,000	GrafTech International Ltd., Rule 144A, Company Guaranteed Notes (Callable 11/15/16@ 103.19) ‡§	(BB+, Ba2)	11/15/20		6.375		1,012,500
	500	INEOS Finance PLC, Rule 144A, Senior Secured Notes (Callable 05/01/15@ 105.63) ‡	(BB-, B1)	05/01/20		7.500		533,750
	350	INEOS Group Holdings SA, Rule 144A, Company Guaranteed Notes (Callable 05/15/15@ 103.25) ‡	(B-, Caa1)	08/15/18		6.125		335,125
	600	JM Huber Corp., Rule 144A, Senior Notes (Callable 11/01/15@ 104.94) ‡	(BB, Ba3)	11/01/19		9.875		675,000
	1,814	OXEA Finance & Cy SCA, Rule 144A, Senior Secured Notes (Callable 07/15/13@ 107.13) ‡	(B+, B3)	07/15/17		9.500		1,951,954
	1,416	Reichhold Industries, Inc. PIK, Rule 144A, Senior Secured Notes ‡	(CCC+, NR)	05/08/17		11.000		1,090,485
	1,000	Taminco Global Chemical Corp., Rule 144A, Secured Notes (Callable 03/31/15@ 107.31) ‡	(B-, Caa1)	03/31/20		9.750		1,118,750
	600	US Coatings Acquisition, Inc., Rule 144A, Company Guaranteed Notes (Callable 02/04/16@ 105.53) ‡§	(B-, Caa1)	05/01/21		7.375		614,250
								7,331,814
Consumer Products (2.2%)
	895	Alphabet Holding Co., Inc. PIK, Global Senior Unsecured Notes (Callable 11/01/13@ 103.00) §	(B-, Caa1)	11/01/17		7.750		921,850
	1,375	NBTY, Inc., Global Company Guaranteed Notes (Callable 10/01/14@ 104.50) §	(B, B3)	10/01/18		9.000		1,502,188
	400	Prestige Brands, Inc., Global Company Guaranteed Notes (Callable 02/01/16@ 104.06)	(B-, B3)	02/01/20		8.125		439,000
	1,025	Prestige Brands, Inc., Global Senior Secured Notes (Callable 04/01/14@ 104.13) §	(BB-, Ba3)	04/01/18		8.250		1,096,750
	450	Wells Enterprises, Inc., Rule 144A, Senior Secured Notes (Callable 02/01/16@ 105.06) ‡	(B+, B2)	02/01/20		6.750		472,500
								4,432,288

Par (000)			Ratings† (S&P/Moody's)	Maturity	Rate%		Value
CORPORATE BONDS
Consumer/Commercial/Lease Financing (1.3%)
$	750	Cabot Financial Luxembourg SA, Rule 144A, Senior Secured Notes (Callable 10/01/15@ 107.78) ‡£	(BB, B1)	10/01/19		10.375	$	1,252,700
	450	CNG Holdings, Inc., Rule 144A, Senior Secured Notes (Callable 05/15/16@ 104.69) ‡	(B, B3)	05/15/20		9.375		434,250
	450	Milestone Aviation Group LLC, Rule 144A, Senior Unsecured Notes (Callable 12/15/15@ 104.31) ‡	(NR, NR)	12/15/17		8.625		469,125
	350	PFG Finance Corp., Rule 144A, Senior Notes (Callable 02/15/15@ 105.06) ‡	(B+, Ba3)	02/15/19		10.125		388,500
								2,544,575
Discount Stores (0.7%)
	1,300	99 Cents Only Stores, Global Company Guaranteed Notes (Callable 12/15/14@ 108.25)	(CCC+, Caa1)	12/15/19		11.000		1,475,500
Diversified Capital Goods (1.1%)
	600	AM Castle & Co., Global Secured Notes (Callable 12/15/14@ 106.38)	(B, B3)	12/15/16		12.750		693,000
	1,000	Belden, Inc., Rule 144A, Company Guaranteed Notes (Callable 09/01/17@ 102.75) ‡	(B+, Ba2)	09/01/22		5.500		987,500
	4	FCC Holdings, Inc., Rule 144A, Senior Unsecured Notes (Callable 12/15/13@ 105.00) ‡^	(CCC+, Caa3)	12/15/15		13.000		3,587
	509	Mueller Water Products, Inc., Global Company Guaranteed Notes (Callable 09/01/15@ 104.38)	(NR, B2)	09/01/20		8.750		557,355
								2,241,442
Electric - Generation (0.2%)
	2,200	TCEH Finance, Inc., LLC, Series A, Global Company Guaranteed Notes (Callable 11/01/13@ 100.00)	(D, C)	11/01/15		10.250		220,000
	1,275	TCEH Finance, Inc., LLC, Series B, Global Company Guaranteed Notes (Callable 11/01/13@ 100.00)	(D, C)	11/01/15		10.250		127,500
								347,500
Electronics (0.4%)
	500	CPI International, Inc., Global Company Guaranteed Notes (Callable 02/15/15@ 104.00)	(CCC+, B3)	02/15/18		8.000		517,500
	260	Freescale Semiconductor, Inc., Rule 144A, Senior Secured Notes (Callable 03/15/14@ 105.06) ‡§	(B, B1)	03/15/18		10.125		282,750
								800,250
Energy - Exploration & Production (9.0%)
	325	Bonanza Creek Energy, Inc., Global Senior Unsecured Notes (Callable 04/15/17@ 103.38)	(B-, B3)	04/15/21		6.750		325,000
	1,250	Comstock Resources, Inc., Company Guaranteed Notes (Callable 10/15/13@ 104.19) §	(B-, B3)	10/15/17		8.375		1,306,250
	600	Energy XXI Gulf Coast, Inc., Global Company Guaranteed Notes (Callable 12/15/14@ 104.63)	(B+, B3)	12/15/17		9.250		661,500
	1,400	EP Energy Finance, Inc., Global Senior Unsecured Notes (Callable 05/01/16@ 104.69)	(B, B2)	05/01/20		9.375		1,589,000
	1,725	EPL Oil & Gas, Inc., Global Company Guaranteed Notes (Callable 02/15/15@ 104.13)	(B-, Caa1)	02/15/18		8.250		1,785,375
	350	Everest Acquisition Finance, Inc., Global Senior Secured Notes (Callable 05/01/15@ 103.44)	(B+, Ba3)	05/01/19		6.875		376,250
	610	Halcon Resources Corp., Global Company Guaranteed Notes (Callable 07/15/16@ 104.88)	(CCC+, Caa1)	07/15/20		9.750		611,525
	725	Linn Energy Finance Corp., Global Company Guaranteed Notes (Callable 09/15/15@ 103.88)	(B, B2)	02/01/21		7.750		730,437
	2,100	McMoRan Exploration Co., Company Guaranteed Notes (Callable 11/15/13@ 100.00)	(BBB, Baa3)	11/15/14		11.875		2,184,225
	550	Oasis Petroleum, Inc., Global Company Guaranteed Notes (Callable 02/01/15@ 103.63) §	(B, B3)	02/01/19		7.250		576,125
	1,050	PDC Energy, Inc., Rule 144A, Company Guaranteed Notes (Callable 10/15/17@ 103.88) ‡	(B-, B3)	10/15/22		7.750		1,089,375
	950	Safway Finance Corp., Rule 144A, Secured Notes (Callable 05/15/15@ 103.50) ‡	(B, B3)	05/15/18		7.000		933,375
	1,000	Shelf Drilling Holdings Ltd., Rule 144A, Senior Secured Notes (Callable 05/01/15@ 104.31) ‡§	(B, B1)	11/01/18		8.625		1,045,000
	1,500	Sidewinder Drilling, Inc., Rule 144A, Senior Unsecured Notes (Callable 11/15/16@ 104.88) ‡	(B-, B3)	11/15/19		9.750		1,526,250
	700	Stone Energy Corp., Company Guaranteed Notes (Callable 02/01/14@ 104.31) §	(B-, B3)	02/01/17		8.625		733,250
	525	Swift Energy Co., Company Guaranteed Notes (Callable 06/01/14@ 101.19)	(B+, B3)	06/01/17		7.125		517,125
	500	Swift Energy Co., Global Company Guaranteed Notes (Callable 03/01/17@ 103.94)	(B+, B3)	03/01/22		7.875		500,000
	1,124	W&T Offshore, Inc., Global Company Guaranteed Notes (Callable 06/15/15@ 104.25)	(B, B3)	06/15/19		8.500		1,166,150
								17,656,212
Environmental (1.1%)
	1,000	EnergySolutions LLC, Global Company Guaranteed Notes (Callable 08/15/14@ 105.38) §	(B, Caa3)	08/15/18		10.750		1,082,500
	1,000	Nuverra Environmental Solutions, Inc., Global Company Guaranteed Notes (Callable 04/15/15@ 104.94) §	(B, B3)	04/15/18		9.875		1,055,000
								2,137,500
Forestry & Paper (0.2%)
	1,000	Stone & Webster, Inc.*	(NR, NR)	07/01/13		0.000		2,700
	850	Verso Paper, Inc., Global Secured Notes (Callable 02/01/15@ 104.38) §	(CCC, Caa2)	02/01/19		8.750		380,375
								383,075

Par (000)			Ratings† (S&P/Moody's)	Maturity	Rate%		Value
CORPORATE BONDS
Gaming (3.1%)
$	925	Affinity Gaming Finance Corp., Global Company Guaranteed Notes (Callable 05/15/15@ 104.50)	(B, B3)	05/15/18		9.000	$	959,687
	775	Buffalo Thunder Development Authority, Rule 144A, Senior Secured Notes ‡ø	(NR, NR)	12/15/14		9.375		249,938
	605	Choctaw Resort Development Enterprise, Rule 144A, Senior Notes (Callable 11/15/13@ 101.21) ‡	(B, Caa1)	11/15/19		7.250		589,875
	898	Chukchansi Economic Development Authority, Rule 144A, Secured Notes (Callable 05/30/16@ 104.88) ‡ø	(NR, Ca)	05/30/20		9.750		444,325
	375	Fontainebleau Las Vegas Holdings LLC, Rule 144A, Senior Secured Notes ‡ø	(NR, NR)	06/15/15		10.250		703
	1,300	Greektown Superholdings, Inc., Series B, Global Secured Notes (Callable 01/01/14@ 103.50)	(NR, NR)	07/01/15		13.000		1,384,500
	241	Majestic Star Casino LLC PIK, Rule 144A, Secured Notes ‡§	(NR, NR)	12/01/16		12.500		231,430
	1,600	Seminole Hard Rock International LLC, Rule 144A, Company Guaranteed Notes (Callable 05/15/16@ 104.41) ‡	(BB-, B2)	05/15/21		5.875		1,555,000
	435	Tropicana Finance Corp., Global Company Guaranteed Notes ø^	(NR, NR)	12/15/14		9.625		44
	775	Tunica-Biloxi Gaming Authority, Rule 144A, Senior Unsecured Notes (Callable 11/15/13@ 100.00) ‡	(B+, B3)	11/15/15		9.000		689,750
								6,105,252
Gas Distribution (1.7%)
	1,250	Energy Transfer Equity LP, Senior Secured Notes	(BB, Ba2)	10/15/20		7.500		1,371,875
	1,300	Genesis Energy LP, Global Company Guaranteed Notes (Callable 12/15/14@ 103.94)	(B, B1)	12/15/18		7.875		1,397,500
	500	Holly Energy Finance Corp., Global Company Guaranteed Notes (Callable 03/01/16@ 103.25)	(BB-, B1)	03/01/20		6.500		506,250
								3,275,625
Health Facilities (1.1%)
	277	Bausch & Lomb, Inc., Global Senior Unsecured Notes (Callable 11/01/13@ 100.00)	(B, Caa1)	11/01/15		9.875		286,003
	600	MPT Finance Corp., Global Company Guaranteed Notes (Callable 05/01/16@ 103.44)	(BB, Ba1)	05/01/21		6.875		639,000
	1,175	Symbion, Inc., Global Senior Secured Notes (Callable 06/15/14@ 104.00)	(B, B2)	06/15/16		8.000		1,227,875
								2,152,878
Health Services (1.6%)
	350	Capsugel FinanceCo SCA, Rule 144A, Company Guaranteed Notes (Callable 08/01/14@ 107.41) ‡€	(B, B3)	08/01/19		9.875		505,446
	400	inVentiv Health, Inc., Rule 144A, Company Guaranteed Notes (Callable 08/15/14@ 105.00) ‡	(CCC, Caa2)	08/15/18		11.000		336,000
	300	Medi-Partenaires SAS, Rule 144A, Senior Secured Notes (Callable 05/15/16@ 105.25) ‡€	(B, B3)	05/15/20		7.000		374,357
	550	Service Corp. International, Senior Unsecured Notes	(BB-, B1)	11/15/21		8.000		632,500
	1,250	STHI Holding Corp., Rule 144A, Secured Notes (Callable 03/15/14@ 106.00) ‡	(B, B2)	03/15/18		8.000		1,356,250
								3,204,553
Insurance Brokerage (1.6%)
	1,100	A-S Merger Sub LLC, Rule 144A, Senior Unsecured Notes (Callable 12/15/15@ 103.94) ‡§	(CCC, Caa2)	12/15/20		7.875		1,111,000
	1,500	Hub International Ltd., Rule 144A, Company Guaranteed Notes (Callable 10/15/14@ 104.06) ‡	(CCC+, Caa2)	10/15/18		8.125		1,567,500
	300	Towergate Finance PLC, Rule 144A, Senior Secured Notes (Callable 05/15/14@ 101.00) ‡£#	(NR, B1)	02/15/18		6.006		447,748
								3,126,248
Investments & Misc. Financial Services (0.7%)
	1,450	Jefferies Finance LLC, Rule 144A, Senior Unsecured Notes (Callable 04/01/16@ 105.53) ‡	(B+, B1)	04/01/20		7.375		1,413,750
Leisure (1.1%)
	1,000	Magnum Management Corp., Global Company Guaranteed Notes (Callable 08/01/14@ 104.56)	(B, B1)	08/01/18		9.125		1,095,000
	1,000	Palace Entertainment Holdings Corp., Rule 144A, Senior Secured Notes (Callable 04/15/14@ 104.44) ‡	(B-, B2)	04/15/17		8.875		1,035,000
								2,130,000
Media - Broadcast (0.9%)
	1,725	Mission Broadcasting, Inc., Global Secured Notes (Callable 04/15/14@ 104.44)	(B-, B3)	04/15/17		8.875		1,854,375
Media - Cable (2.9%)
	150	Cablevision Systems Corp., Senior Unsecured Notes	(B+, B1)	04/15/18		7.750		162,000
	600	Cablevision Systems Corp., Senior Unsecured Notes §	(B+, B1)	04/15/20		8.000		657,000
	1,450	CCO Holdings Capital Corp., Global Company Guaranteed Notes (Callable 04/30/15@ 104.06)	(BB-, B1)	04/30/20		8.125		1,591,375
	1,050	CSC Holdings LLC, Global Senior Unsecured Notes	(BB+, Ba3)	02/15/19		8.625		1,218,000

Par (000)			Ratings† (S&P/Moody's)	Maturity	Rate%		Value
CORPORATE BONDS
Media - Cable
$	500	Harron Finance Corp., Rule 144A, Senior Unsecured Notes (Callable 04/01/16@ 104.56) ‡	(B-, Caa1)	04/01/20		9.125	$	542,500
	1,200	Lynx II Corp., Rule 144A, Senior Unsecured Notes (Callable 04/15/18@ 103.19) ‡§	(B, B2)	04/15/23		6.375		1,215,000
	350	Unitymedia NRW GmbH, Rule 144A, Senior Secured Notes (Callable 03/15/15@ 103.75) ‡	(B+, Ba3)	03/15/19		7.500		370,125
								5,756,000
Media - Diversified (1.3%)
	1,500	Block Communications, Inc., Rule 144A, Senior Unsecured Notes (Callable 02/01/16@ 103.63) ‡	(BB-, Ba3)	02/01/20		7.250		1,582,500
	450	National CineMedia LLC, Global Senior Unsecured Notes (Callable 07/15/16@ 103.94)	(B, B2)	07/15/21		7.875		490,500
	421	Quebecor Media, Inc., Global Senior Unsecured Notes (Callable 03/15/14@ 100.00)	(B+, B2)	03/15/16		7.750		428,894
								2,501,894
Media - Services (0.8%)
	1,500	Clear Channel Worldwide Holdings, Inc., Rule 144A, Company Guaranteed Notes (Callable 11/15/17@ 103.25) ‡	(B, B1)	11/15/22		6.500		1,550,375
Medical Products (0.7%)
	1,250	Polymer Group, Inc., Global Senior Secured Notes (Callable 02/01/15@ 103.88)	(B, B1)	02/01/19		7.750		1,306,250
Metals & Mining - Excluding Steel (6.8%)
	1,350	Boart Longyear Management Pty Ltd., Rule 144A, Company Guaranteed Notes (Callable 04/01/16@ 103.50) ‡	(BB-, Ba2)	04/01/21		7.000		1,279,125
	1,600	Calcipar SA, Rule 144A, Senior Secured Notes (Callable 05/01/15@ 103.44) ‡§	(BB, Ba3)	05/01/18		6.875		1,648,000
	1,150	Eldorado Gold Corp., Rule 144A, Senior Unsecured Notes (Callable 12/15/16@ 103.06) ‡§	(BB, Ba3)	12/15/20		6.125		1,115,500
	400	FMG Resources August 2006 Pty Ltd., Rule 144A, Company Guaranteed Notes (Callable 11/01/15@ 104.13) ‡§	(B+, B1)	11/01/19		8.250		414,000
	1,100	Global Brass & Copper, Inc., Rule 144A, Senior Secured Notes (Callable 06/01/16@ 104.75) ‡	(B, B3)	06/01/19		9.500		1,182,500
	1,000	Kaiser Aluminum Corp., Global Company Guaranteed Notes (Callable 06/01/16@ 104.13)	(BB-, Ba3)	06/01/20		8.250		1,112,500
	1,000	Molycorp, Inc., Global Senior Secured Notes (Callable 06/01/16@ 105.00) §	(CCC+, B3)	06/01/20		10.000		975,000
	1,500	Noranda Aluminum Acquisition Corp., Rule 144A, Company Guaranteed Notes (Callable 03/01/16@ 105.50) ‡	(CCC+, Caa1)	06/01/19		11.000		1,432,500
	175	Old AII, Inc., Global Company Guaranteed Notes ø^	(NR, NR)	12/15/14		9.000		18
	675	Old AII, Inc., Global Company Guaranteed Notes (Callable 12/15/13@ 101.67) ø^	(NR, NR)	12/15/16		10.000		68
	1,841	Quadra FNX Mining Ltd., Rule 144A, Company Guaranteed Notes (Callable 06/15/15@ 103.88) ‡§	(BB-, B1)	06/15/19		7.750		1,877,820
	1,450	Taseko Mines Ltd., Company Guaranteed Notes (Callable 04/15/15@ 103.88)	(B, B3)	04/15/19		7.750		1,439,125
	1,500	Xinergy Corp., Rule 144A, Senior Secured Notes (Callable 05/15/15@ 104.63) ‡§	(NR, NR)	05/15/19		9.250		1,035,000
								13,511,156
Oil Field Equipment & Services (4.1%)
	1,650	Edgen Murray Corp., Rule 144A, Senior Secured Notes (Callable 11/01/15@ 106.56) ‡	(B+, Caa1)	11/01/20		8.750		1,650,000
	721	FTS International Bonds, Inc., Rule 144A, Company Guaranteed Notes (Callable 11/15/14@ 103.56) ‡	(B+, Ba3)	11/15/18		8.125		751,642
	420	Helix Energy Solutions Group, Inc., Rule 144A, Company Guaranteed Notes (Callable 01/15/14@ 100.00) ‡	(B, B3)	01/15/16		9.500		431,865
	1,750	Parker Drilling Co., Global Company Guaranteed Notes (Callable 04/01/14@ 104.56)	(B+, B1)	04/01/18		9.125		1,859,375
	650	Permian Holdings, Inc., Rule 144A, Senior Secured Notes (Callable 07/15/15@ 107.88) ‡	(B-, B3)	01/15/18		10.500		633,750
	1,620	Pioneer Energy Services Corp., Global Company Guaranteed Notes (Callable 03/15/14@ 104.94)	(B+, B2)	03/15/18		9.875		1,745,550
	1,000	Trinidad Drilling, Ltd., Rule 144A, Senior Unsecured Notes (Callable 01/15/15@ 103.94) ‡	(BB-, B1)	01/15/19		7.875		1,055,000
								8,127,182
Oil Refining & Marketing (1.9%)
	1,750	Coffeyville Finance, Inc., Rule 144A, Secured Notes (Callable 11/01/17@ 103.25) ‡	(B+, B2)	11/01/22		6.500		1,723,750
	600	Northern Tier Finance Corp., Rule 144A, Senior Secured Notes (Callable 11/15/15@ 105.34) ‡	(BB-, B1)	11/15/20		7.125		609,000
	1,350	PBF Finance Corp., Global Senior Secured Notes (Callable 02/15/16@ 104.13)	(BB+, Ba3)	02/15/20		8.250		1,420,875
								3,753,625

Par (000)			Ratings† (S&P/Moody's)	Maturity	Rate%		Value
CORPORATE BONDS
Packaging (1.9%)
$	500	Ardagh MP Holdings USA, Inc., Rule 144A, Senior Unsecured Notes (Callable 11/15/16@ 103.50) ‡§	(CCC+, B3)	11/15/20		7.000	$	483,125
	300	Ardagh Packaging Finance PLC, Rule 144A, Company Guaranteed Notes (Callable 10/15/15@ 104.63) ‡€	(CCC+, B3)	10/15/20		9.250		410,427
	1,000	BWAY Holding Co., Global Company Guaranteed Notes (Callable 06/15/14@ 105.00)	(CCC+, Caa1)	06/15/18		10.000		1,100,000
	850	Clondalkin Acquisition BV, Rule 144A, Secured Notes ‡#	(B-, B2)	12/15/13		2.273		847,875
	350	Reynolds Group Issuer LLC, Global Company Guaranteed Notes (Callable 10/15/14@ 104.50) §	(CCC+, Caa2)	04/15/19		9.000		363,125
	300	Reynolds Group Issuer LLC, Global Senior Secured Notes (Callable 10/15/14@ 103.56)	(B+, B1)	04/15/19		7.125		318,375
	250	Sealed Air Corp., Rule 144A, Company Guaranteed Notes (Callable 09/15/16@ 104.19) ‡	(BB-, B1)	09/15/21		8.375		283,750
								3,806,677
Pharmaceuticals (0.6%)
	1,125	Warner Chilcott Finance LLC, Global Company Guaranteed Notes (Callable 09/15/14@ 103.88)	(BB, B3)	09/15/18		7.750		1,220,625
Printing & Publishing (0.1%)
	683	The Reader's Digest Association, Inc., Global Senior Secured Notes (Callable 02/15/14@ 103.00) ø	(NR, NR)	02/15/17		0.000		280,030
Real Estate Investment Trusts (1.5%)
	1,000	CCRE Finance Corp., Rule 144A, Company Guaranteed Notes (Callable 02/15/15@ 105.81) ‡	(B, B1)	02/15/18		7.750		1,010,000
	1,850	CNL Lifestyle Properties, Inc., Global Company Guaranteed Notes (Callable 04/15/15@ 103.63) §	(B, Ba3)	04/15/19		7.250		1,854,625
								2,864,625
Restaurants (0.1%)
	128	CKE Restaurants, Inc., Global Secured Notes (Callable 07/15/14@ 105.69)	(B-, B2)	07/15/18		11.375		132,641
Software/Services (5.3%)
	1,850	Epicor Software Corp., Global Company Guaranteed Notes (Callable 05/01/15@ 104.31)	(CCC+, Caa1)	05/01/19		8.625		1,905,500
	1,125	First Data Corp., Rule 144A, Senior Secured Notes (Callable 06/15/15@ 103.69) ‡	(B+, B1)	06/15/19		7.375		1,161,563
	650	First Data Corp., Rule 144A, Senior Secured Notes (Callable 11/01/15@ 105.06) ‡	(B+, B1)	11/01/20		6.750		664,625
	400	Infor US, Inc., Global Company Guaranteed Notes (Callable 04/01/15@ 107.03)	(B-, Caa1)	04/01/19		9.375		435,500
	625	Infor US, Inc., Global Company Guaranteed Notes (Callable 04/01/15@ 107.50) €	(B-, Caa1)	04/01/19		10.000		883,491
	1,523	MedAssets, Inc., Global Company Guaranteed Notes (Callable 11/15/14@ 104.00)	(B-, B3)	11/15/18		8.000		1,621,995
	1,003	Serena Software, Inc., Global Company Guaranteed Notes (Callable 03/15/14@ 100.00)	(CCC+, Caa1)	03/15/16		10.375		992,970
	400	SSI Co-Issuer LLC, Global Company Guaranteed Notes (Callable 06/01/14@ 105.56)	(CCC+, Caa1)	06/01/18		11.125		440,500
	600	SunGard Data Systems, Inc., Global Company Guaranteed Notes (Callable 11/15/13@ 105.53)	(B, Caa1)	11/15/18		7.375		636,000
	1,598	Syniverse Holdings, Inc., Global Company Guaranteed Notes (Callable 01/15/15@ 104.56)	(B-, Caa1)	01/15/19		9.125		1,713,855
								10,455,999
Specialty Retail (2.2%)
	1,350	Brown Shoe Co., Inc., Global Company Guaranteed Notes (Callable 05/15/14@ 105.34)	(B, B3)	05/15/19		7.125		1,417,500
	1,000	Claire's Stores, Inc., Rule 144A, Senior Secured Notes (Callable 03/15/15@ 106.75) ‡§	(B-, B2)	03/15/19		9.000		1,105,000
	750	Ontex IV SA, Rule 144A, Senior Secured Notes (Callable 04/15/14@ 103.25) ‡€	(B, B1)	04/15/18		7.500		1,007,546
	750	Tempur-Pedic International, Inc., Rule 144A, Global Company Guaranteed Notes (Callable 12/15/16@ 103.44) ‡	(B+, B3)	12/15/20		6.875		795,000
								4,325,046
Steel Producers/Products (0.8%)
	550	JMC Steel Group, Rule 144A, Senior Notes (Callable 03/15/14@ 106.19) ‡§	(B-, B3)	03/15/18		8.250		540,375
	1,000	Tempel Steel Co., Rule 144A, Senior Secured Notes (Callable 02/15/14@ 109.00) ‡	(B-, Caa1)	08/15/16		12.000		955,000
								1,495,375
Support-Services (3.5%)
	500	BC Mountain Finance, Inc., Rule 144A, Company Guaranteed Notes (Callable 02/01/16@ 105.25) ‡	(B-, B3)	02/01/21		7.000		511,250
	1,100	CoreLogic, Inc., Global Company Guaranteed Notes (Callable 06/01/16@ 103.63)	(B+, Ba3)	06/01/21		7.250		1,177,000
	500	Emdeon, Inc., Global Company Guaranteed Notes (Callable 12/31/15@ 105.50)	(CCC+, Caa1)	12/31/19		11.000		566,250
	775	Garda World Security Corp., Rule 144A, Senior Unsecured Notes (Callable 03/15/14@ 104.88) ‡	(B, B2)	03/15/17		9.750		827,312
	459	H&E Equipment Services, Inc., Global Company Guaranteed Notes (Callable 09/01/17@ 103.50)	(B+, B3)	09/01/22		7.000		480,802
	650	NES Rentals Holdings, Inc., Rule 144A, Secured Notes (Callable 05/01/15@ 103.94) ‡§	(CCC+, Caa2)	05/01/18		7.875		643,500

Par (000)			Ratings† (S&P/Moody's)	Maturity	Rate%		Value
CORPORATE BONDS
Support-Services
	500	Sabre, Inc., Rule 144A, Senior Secured Notes (Callable 05/15/15@ 106.38) ‡	(B, B1)	05/15/19		8.500	$	534,375
	325	The Geo Group, Inc., Global Company Guaranteed Notes (Callable 02/15/16@ 103.31)	(B+, B1)	02/15/21		6.625		342,875
	475	The Geo Group, Inc., Rule 144A, Company Guaranteed Notes (Callable 04/01/18@ 102.56) ‡	(B+, B1)	04/01/23		5.125		454,813
	1,200	United Rentals North America, Inc., Global Company Guaranteed Notes (Callable 05/15/16@ 103.69)	(B+, B3)	05/15/20		7.375		1,287,000
								6,825,177
Telecom - Integrated/Services (1.8%)
	350	Hellas Telecommunications II S.C.A., Rule 144A, Subordinated Notes ‡ø^	(NR, NR)	01/15/15		0.000		—
	600	Intelsat Jackson Holdings SA, Global Company Guaranteed Notes (Callable 04/01/15@ 103.63)	(B, B3)	04/01/19		7.250		630,750
	750	Intelsat Jackson Holdings SA, Global Company Guaranteed Notes (Callable 04/01/16@ 103.75)	(B, B3)	04/01/21		7.500		791,250
	250	Intelsat Luxembourg SA, Rule 144A, Company Guaranteed Notes (Callable 06/01/15@ 103.38) ‡	(CCC+, Caa2)	06/01/18		6.750		253,125
	800	Intelsat Luxembourg SA, Rule 144A, Company Guaranteed Notes (Callable 06/01/17@ 103.88) ‡	(CCC+, Caa2)	06/01/21		7.750		811,000
	950	Zayo Capital, Inc., Global Senior Secured Notes (Callable 07/01/15@ 104.06) §	(B, B1)	01/01/20		8.125		1,035,500
								3,521,625
Telecom - Wireless (0.6%)
	400	Telesat LLC, Rule 144A, Senior Unsecured Notes (Callable 05/15/14@ 103.00) ‡	(B-, B3)	05/15/17		6.000		409,500
	600	Wind Acquisition Finance SA, Rule 144A, Secured Notes (Callable 07/15/13@ 105.88) ‡€	(B, B3)	07/15/17		11.750		735,531
								1,145,031
Telecommunications Equipment (1.4%)
	1,200	Avaya, Inc., Rule 144A, Senior Secured Notes (Callable 04/01/15@ 103.50) ‡§	(B, B1)	04/01/19		7.000		1,089,000
	1,700	Brightstar Corp., Rule 144A, Company Guaranteed Notes (Callable 12/01/14@ 104.75) ‡	(BB-, B1)	12/01/16		9.500		1,759,500
								2,848,500
Textiles & Apparel (0.3%)
	150	IT Holding Finance SA, Rule 144A, Company Guaranteed Notes ‡€ø	(NR, NR)	11/15/25		9.875		1,920
	500	Takko Luxembourg 2 S.C.A., Rule 144A, Senior Secured Notes (Callable 04/15/16@ 104.94) ‡€	(B-, B3)	04/15/19		9.875		597,931
								599,851
Theaters & Entertainment (1.4%)
	800	AMC Entertainment, Inc., Global Company Guaranteed Notes (Callable 06/01/14@ 104.38)	(B-, B2)	06/01/19		8.750		860,000
	857	AMC Entertainment, Inc., Global Company Guaranteed Notes (Callable 12/01/15@ 104.88)	(CCC+, Caa1)	12/01/20		9.750		974,838
	929	Regal Entertainment Group, Company Guaranteed Notes (Callable 08/15/14@ 104.56) §	(B-, B3)	08/15/18		9.125		1,026,545
								2,861,383
Tobacco (0.3%)
	650	Vector Group Ltd., Global Senior Secured Notes (Callable 02/15/16@ 105.81)	(B+, Ba3)	02/15/21		7.750		674,375
Transportation - Excluding Air/Rail (0.2%)
	400	Navios Maritime Holdings Finance II U.S., Inc., Global Company Guaranteed Notes (Callable 02/15/15@ 104.06)	(B+, Caa1)	02/15/19		8.125		381,000
TOTAL CORPORATE BONDS (Cost $162,661,045)								160,517,272
ASSET BACKED SECURITIES (9.5%)
Collateralized Debt Obligations (9.5%)
	1,000	ALM VI Ltd., Rule 144A ‡#	(B, NR)	06/14/23		6.273		899,323
	1,000	Anchorage Capital CLO Ltd., Rule 144A ‡#	(NR, Ba3)	07/13/25		5.076		918,750
	750	Apidos CDO, Rule 144A ‡#	(BB, NR)	04/15/25		4.675		674,400
	1,000	Carlyle Global Market Strategies CLO 2011-1 Ltd., Rule 144A ‡#	(BB, NR)	08/10/21		5.725		935,750
	1,000	Carlyle Global Market Strategies CLO 2012-4 Ltd., Rule 144A ‡	(NR, NR)	01/20/25		0.000		985,000
	1,000	CIFC Funding 2011-1A Ltd., Rule 144A ‡#	(BBB, NR)	01/19/23		3.376		933,814
	2,000	CIFC Funding 2012-2X Ltd. #	(BB-, NR)	12/05/24		6.273		1,976,348
	1,000	ECP CLO Ltd., Rule 144A ‡#	(BB, NR)	01/20/25		4.520		811,065
	1,000	Finn Square CLO Ltd., Rule 144A ‡#	(BB, NR)	12/24/23		5.323		900,472

Par (000)			Ratings† (S&P/Moody's)	Maturity	Rate%		Value
ASSET BACKED SECURITIES
Collateralized Debt Obligations
$	1,000	Gale Force 4 CLO Ltd., Rule 144A ‡#	(BBB, Ba1)	08/20/21		3.774	$	938,777
	1,000	Halcyon Loan Advisors Funding 2012-2 Ltd., Rule 144A ‡#	(BB, NR)	12/20/24		5.672		891,027
	1,000	ING Investment Management CLO 2011-1A Ltd., Rule 144A ‡#	(BB, NR)	06/22/21		4.773		879,482
	600	ING Investment Management CLO 2013-2A Ltd., Rule 144A ‡#	(B, NR)	04/25/25		5.776		503,615
	1,000	JFIN CLO 2013 Ltd., Rule 144A ‡#	(BB, NR)	01/20/25		5.070		858,703
	1,000	KVK CLO 2013-1 Ltd., Rule 144A ‡#	(BBB, NR)	04/14/25		4.654		978,700
	1,000	Shackleton I CLO Ltd., Rule 144A ‡#	(BBB, NR)	08/14/23		5.025		1,004,960
	1,000	Shackleton I CLO Ltd., Rule 144A ‡#	(BB, NR)	08/14/23		6.475		922,638
	1,000	Shackleton II CLO Ltd., Rule 144A ‡#	(BB, NR)	10/20/23		5.476		913,744
	1,000	Symphony CLO VII Ltd., Rule 144A ‡#	(BBB, NR)	07/28/21		3.476		965,409
	1,000	Venture X CLO Ltd., Rule 144A ‡#	(BB, NR)	02/28/24		5.573		897,616
TOTAL ASSET BACKED SECURITIES (Cost $19,100,304)								18,789,593
BANK LOANS (7.1%)
Aerospace & Defense (0.2%)
	466	Arinc, Inc. #	(B-, Caa1)	10/25/15		8.250		457,371
Consumer Products (0.8%)
	1,500	Ranpak Corp.#	(B-, Caa1)	04/23/20		8.500		1,515,000
Energy - Exploration & Production (0.6%)
	1,001	Delek Benelux BV€ #	(NR, NR)	02/08/17		5.253		1,254,355
Gaming (0.5%)
	1,000	CKX Entertainment, Inc.#	(B+, B1)	06/21/17		9.000		905,000
Health Services (0.5%)
	1,000	Catalent Pharma Solutions, Inc. #	(B, Caa1)	12/31/17		6.500		995,630
Hotels (0.6%)
	1,250	Four Seasons Holdings, Inc. #	(B-, Caa1)	12/27/20		5.250		1,265,625
Leisure (0.6%)
	253	Technicolor SA #	(B, NR)	03/31/16		9.350		290,776
	760	Technicolor SA #	(B, NR)	05/26/17		9.350		872,673
								1,163,449
Machinery (0.6%)
	1,250	CPM Acquisition Corp. #	(B, Caa1)	03/01/18		10.250		1,259,375
Media - Diversified (0.5%)
	584	Flint Group Holdings Sarl #	(NR, NR)	12/31/16		7.476		518,144
	432	Flint Group Holdings Sarl #	(NR, NR)	06/30/18		7.476		412,093
								930,237
Printing & Publishing (0.2%)
	1,207	Yell Group PLC #	(D, NR)	07/31/14		3.945		286,883
Software/Services (1.5%)
	1,000	Decision Insight Information Group #	(B, B1)	01/04/17		7.000		997,500
	980	SafeNet, Inc. #	(B, B3)	04/12/15		6.195		980,200
	20	SafeNet, Inc. #	(B-, Caa1)	04/12/15		6.195		19,800
	1,000	Wall Street Systems Delaware, Inc. #	(NR, Caa2)	10/25/20		9.250		1,008,750
								3,006,250
Telecom - Integrated/Services (0.5%)
	1,000	Sidera Networks, Inc. #	(CCC+, Caa1)	04/12/21		8.000		1,005,000
TOTAL BANK LOANS (Cost $13,745,298)								14,044,175

*Assets*
Investments at value, including collateral for securities on loan of $22,002,296 (Cost $220,784,519) (Note 2)	$	218,534,362¹
Cash		845
Foreign currency at value (cost $11,436)		11,396
Dividend and interest receivable		3,436,555
Receivable for investments sold		329,997
Unrealized appreciation on forward currency contracts (Note 2)		220,177
Prepaid expenses and other assets		25,267
Total Assets		222,558,599
*Liabilities*
Advisory fee payable (Note 3)		249,408
Administrative services fee payable (Note 3)		15,225
Payable upon return of securities loaned (Note 2)		22,002,296
Payable for investments purchased		3,027,750
Unrealized depreciation on forward currency contracts (Note 2)		44,851
Directors' fee payable		41,550
Accrued expenses		11,522
Total Liabilities		25,392,602
*Net Assets*
Applicable to 52,219,224 shares outstanding	$	197,165,997
*Net Assets*
Capital stock, $.001 par value (Note 6)		52,219
Paid-in capital (Note 6)		246,947,269
Accumulated net investment loss		(1,201,615	)
Accumulated net realized loss on investments and foreign currency transactions		(46,556,420	)
Net unrealized depreciation from investments and foreign currency translations		(2,075,456	)
Net Assets	$	197,165,997
*Net Asset Value Per Share ($197,165,997 / 52,219,224)*	$	3.78
*Market Price Per Share*	$	3.81

¹Including $21,611,589 of securities on loan.

*Investment Income* (Note 2)
Interest	$	8,072,984
Dividends		1,223
Securities lending		37,212
Total investment income		8,111,419
*Expenses*
Investment advisory fees (Note 3)		487,976
Administrative services fees (Note 3)		29,769
Directors' fees		60,517
Printing fees (Note 3)		38,024
Legal fees		25,331
Transfer agent fees		25,306
Audit and tax fees		25,229
Stock exchange listing fees		10,399
Custodian fees		9,079
Insurance expense		3,614
Commitment fees (Note 4)		329
Miscellaneous expense		16,147
Total expenses		731,720
Net investment income		7,379,699
*Net Realized and Unrealized Gain (Loss) from Investments and Foreign Currency Related Items*
Net realized gain from investments		1,806,384
Net realized gain from foreign currency transactions		71,764
Net change in unrealized appreciation (depreciation) from investments		(3,283,714	)
Net change in unrealized appreciation (depreciation) from foreign currency translations		224,145
Net realized and unrealized loss from investments and foreign currency related items		(1,181,421	)
*Net increase in net assets resulting from operations*	$	6,198,278

	For the Six Months Ended June 30, 2013 (unaudited)			For the Year Ended December 31, 2012
*From Operations*
Net investment income	$	7,379,699		$	15,805,731
Net realized gain from investments and foreign currency transactions		1,878,148			3,417,267
Net change in unrealized appreciation (depreciation) from investments and foreign currency translations		(3,059,569	)		6,997,579
Net increase in net assets resulting from operations		6,198,278			26,220,577
*From Dividends*
Dividends from net investment income		(7,989,031	)		(15,928,602	)
*From Capital Share Transactions* (Note 6)
Issuance of 0 shares and 14,744 shares through the directors compensation plan (Note 3)		—			55,281
Net proceeds from at-the-market offerings		8,135,803			—
Reinvestment of dividends		148,433			314,200
Net increase in net assets from capital share transactions		8,284,236			369,481
Net increase in net assets		6,493,483			10,661,456
*Net Assets*
Beginning of period		190,672,514			180,011,058
End of period	$	197,165,997		$	190,672,514
Accumulated net investment loss	$	(1,201,615	)	$	(592,283	)

	For the Year Ended
	12/31/12			12/31/11			12/31/10			12/31/09			12/31/08			12/31/07			12/31/06			12/31/05			12/31/04			12/31/03
*Per share operating performance*
Net asset value, beginning of period	$	3.60		$	3.70		$	3.56		$	2.52		$	4.06		$	4.34		$	4.24		$	4.56		$	4.41		$	3.91
*INVESTMENT OPERATIONS*
Net investment income		0.32			0.30			0.32			0.31			0.35			0.36			0.36			0.36			0.35			0.37
Net gain (loss) on investments, swap contracts, futures contracts and foreign currency related items (both realized and unrealized)		0.20			(0.11	)		0.17			1.07			(1.46	)		(0.31	)		0.14			(0.28	)		0.22			0.58
Total from investment activities		0.52			0.19			0.49			1.38			(1.11	)		0.05			0.50			0.08			0.57			0.95
*LESS DIVIDENDS AND DISTRIBUTIONS*
Dividends from net investment income		(0.32	)		(0.29	)		(0.35	)		(0.30	)		(0.43	)		(0.33	)		(0.40	)		(0.40	)		(0.40	)		(0.43	)
Return of capital		—			—			—			(0.04	)		—			—			—			(0.00	)¹		(0.02	)		(0.02	)
Total dividends and distributions		(0.32	)		(0.29	)		(0.35	)		(0.34	)		(0.43	)		(0.33	)		(0.40	)		(0.40	)		(0.42	)		(0.45	)
*CAPITAL SHARE TRANSACTIONS*
Increase to Net Asset Value due to Shares Issued through at-the-market offerings		—			—			—			—			—			—			—			—			—			—
Net asset value, end of period	$	3.80		$	3.60		$	3.70		$	3.56		$	2.52		$	4.06		$	4.34		$	4.24		$	4.56		$	4.41
Per share market value, end of period	$	4.03		$	3.65		$	3.56		$	3.36		$	2.30		$	3.58		$	4.38		$	3.67		$	4.45		$	4.50
*TOTAL INVESTMENT RETURN*²
Net asset value		14.95	%		5.35	%		14.71	%		58.07	%		(27.78	)%		1.59	%		12.73	%		1.74	%		13.55	%		24.59	%
Market value		20.24	%		11.02	%		16.94	%		63.46	%		(25.25	)%		(11.32	)%		31.44	%		(9.76	)%		8.60	%		28.11	%
*RATIOS AND SUPPLEMENTAL DATA*
Net assets, end of period (000s omitted)	$	190,673		$	180,011		$	184,943		$	177,654		$	125,688		$	202,914		$	216,318		$	211,536		$	227,374		$	219,864
Ratio of expenses to average net assets		0.75	%		0.73	%		0.76	%		0.73	%		0.73	%		0.78	%		0.74	%		0.82	%		0.78	%		0.78	%
Ratio of net investment income to average net assets		8.49	%		8.09	%		8.76	%		10.14	%		9.96	%		8.75	%		8.32	%		8.20	%		8.08	%		8.83	%
Portfolio turnover rate		67.0	%		57.0	%		86.0	%		54.0	%		32.1	%		49.7	%		58.0	%		61.5	%		57.8	%		77.8	%

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 seek current income through investment primarily in debt securities.

Note 2. Significant Accounting Policies

A) SECURITY VALUATION — 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. Short-term fixed income securities that will mature in 60 days or less are valued at amortized cost unless it is determined that using this method would not reflect an investment's fair value. 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. 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 of Trustees 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 broker/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 of the exchange or market on which the security is principally traded, but before the Fund calculates its net asset value, the Fund values these securities as determined in accordance with procedures approved by the Fund's Board of Directors. At June 30, 2013, the Fund held 0.05% of its net assets in securities valued at fair value as determined in good faith under procedures established by the Board of Directors with an aggregate cost of $1,938,240 and fair value of $194,085. The Fund's estimate of fair value assumes a willing buyer and a willing seller neither acting under the compulsion to buy or sell. Although these securities may be resold in privately negotiated transactions, the prices realized on such sales could differ from the prices originally paid by the Fund or the current carrying values, and the difference could be material.

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.

Accounting principles generally accepted in the United States of America ("GAAP") establishes a disclosure hierarchy that categorizes the inputs to valuation techniques used to value assets and liabilities at 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 June 30, 2013 in valuing the Fund's assets and liabilities carried at fair value:

	Level 1		Level 2		Level 3		Total
Investments in Securities
Corporate Bonds	$	—	$	160,513,555	$	3,717	$	160,517,272
Asset Backed Securities		—		18,789,593		—		18,789,593
Bank Loans		—		14,044,175		—		14,044,175
Common Stocks		211,789		29,453		190,368		431,610
Preferred Stock		—		—		—		—
Warrants		16,416		—		—		16,416
Short-Term Investments		22,002,296		2,733,000		—		24,735,296
Other Financial Instruments*
Forward Foreign Currency Contracts		—		175,326		—		175,326
	$	22,230,501	$	196,285,102	$	194,085	$	218,709,688

* Other financial instruments include forward foreign currency contracts.

The following is a reconciliation of investments as of June 30, 2013 in which significant unobservable inputs (Level 3) were used in determining value. Transfers in or out of Level 3 represent the beginning value of any security or instrument where a change in the level has occurred from the beginning to the end of the period.

	Corporate Bonds			Common Stocks		Preferred Stock		Warrants		Total
Balance as of December 31, 2012	$	130		$	108,720	$	0	$	0	$	108,850
Accrued discounts/premiums		845			—		—		—		845
Purchases		3,898			—		—		—		3,898
Sales		(735,212	)		—		—		—		(735,212	)
Realized Gain/(Loss)		(32,311	)		—		—		—		(32,311	)
Change in Unrealized Appreciation/(Depreciation)		122,329			81,648		—		—		203,977
Transfers Into Level 3		644,038			—		—		—		644,038
Transfers Out of Level 3		—			—		—		—		—
Balance as of June 30, 2013	$	3,717		$	190,368	$	0	$	0	$	194,085
Net change in unrealized Appreciation/(Depreciation) from investments still held as of June 30, 2013	$	—		$	190,368	$	0	$	0	$	194,085

The Fund adopted FASB amendments to authoritative guidance which require the Fund to disclose details of transfers in and out of Level 1 and Level 2 measurements and Level 2 and Level 3 measurements and the reasons for the transfers. For the six months ended June 30, 2013, there were no transfers in and out of Level 1, Level 2 and Level 3. All transfers 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 the 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. For the six months ended June 30, 2013, the Fund's derivatives did not qualify for hedge accounting as they are held at fair value.

Fair Values of Derivative Instruments as of June 30, 2013

Asset Derivatives

Liability Derivatives

Balance Sheet Location

Fair Value

Balance Sheet Location

Fair Value

Currency Contracts

Unrealized appreciation on
forward currency contracts

220,177

Unrealized depreciation on
forward currency contracts

44,851

Effect of Derivative Instruments on the Statement of Operations

Location

Realized
Gain/Loss

Location

Unrealized
Appreciation/
(Depreciation)

Currency Contracts

Net realized gain
from forward currency
contracts

145,239

Net change in unrealized
appreciation (depreciation)
from forward currency
contracts

228,181

The notional amount of forward foreign currency contracts at period ended are reflected in the Notes to Financial Statements. The notional amounts of forward foreign currency contracts at each month end throughout the reporting period averaged approximately 4.66% of net assets of the Fund.

The following table presents by counterparty, the Fund's derivative assets net of related collateral held by the Fund at June 30, 2013:

Counterparty				Gross Amounts of Assets Presented in the Statement of Assets and Liabilities^(a)				Financial Instruments and Derivatives Available for Offset				Collateral Received^(b)				Net Amount of Derivative Assets
Morgan Stanley				$	220,177			$	(44,851	)		$	—			$	175,326

The following table presents by counterparty, the Fund's derivative liabilities net of related collateral pledged by the Fund at June 30, 2013:

Counterparty				Gross Amounts of Liabilities Presented in the Statement of Assets and Liabilities^(a)				Financial Instruments and Derivatives Available for Offset				Collateral Pledged				Net Amount of Derivative Liabilities
Morgan Stanley				$	44,851			$	(44,851	)		$	—			$	—

(a) Forward foreign currency exchange contracts are netted.

(b) The actual collateral received and/or pledged may be more than the amounts shown.

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 are translated into U.S. dollar amounts at the current exchange rate at the end of the period. Translation gains or losses resulting from changes in the exchange rate during the reporting period and realized gains and losses on the settlement of foreign currency transactions are

reported in the results of operations for the current period. The Fund does not isolate that portion of realized gains and losses on investments in equity securities which is due to changes in the foreign exchange rate from that which is due to changes in market prices of equity securities. The Fund isolates that portion of realized gains and losses on investments in debt securities which is due to changes in the foreign exchange rate from that which is due to changes in market prices of debt securities.

D) SECURITY TRANSACTIONS AND INVESTMENT INCOME — Security transactions are accounted for on a trade date basis. Interest income is recorded on the accrual basis. The Fund amortizes premiums and accretes discounts using the effective interest method. Dividends are recorded on the ex-dividend date. The cost of investments sold is determined by use of the specific identification method for both financial reporting and income tax purposes.

E) DIVIDENDS AND DISTRIBUTIONS TO SHAREHOLDERS — The Fund declares and pays dividends on a monthly basis and records them on ex-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. Income and capital gain distributions are determined in accordance with federal income tax regulations, which may differ from GAAP.

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 beneficial interest 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 INCOME TAXES — No provision is made for federal taxes as it is the Fund's intention to continue to qualify for and elect the tax treatment applicable to regulated investment companies ("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 tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

G) USE OF ESTIMATES — The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and

disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of income and expenses during the reporting period. Actual results could differ from these estimates.

H) SHORT-TERM INVESTMENTS — The Fund, together with other funds/portfolios advised by Credit Suisse Asset Management, LLC ("Credit Suisse"), an indirect, wholly-owned subsidiary of Credit Suisse Group AG, pools available cash into a short-term variable rate time deposit issued by State Street Bank and Trust Company ("SSB"), the Fund's custodian. The short-term time deposit issued by SSB is a variable rate account classified as a short-term investment.

I) FORWARD FOREIGN CURRENCY CONTRACTS — The Fund may enter into forward foreign currency contracts for the purchase or sale of a specific foreign currency at a fixed price on a future date. Risks may arise upon entering into these contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of a foreign currency. The Fund will enter into forward foreign currency contracts primarily for hedging foreign currency risk. Forward foreign currency contracts are adjusted by the daily forward exchange rate of the underlying currency and any gains or losses are recorded for financial statement purposes as unrealized until the contract settlement date or an offsetting position is entered into. At June 30, 2013, the Fund had the following open forward foreign currency contracts:

Forward Foreign Currency to be Purchased (Local)		Forward Foreign Currency to be Sold (Local)		Expiration Date	Counterparties	Value on Settlement Date			Current Value			Unrealized Appreciation/ (Depreciation)
EUR	1,800,000	USD	2,378,763	07/15/13	Morgan Stanley	$	2,378,763		$	2,339,849		$	(38,914	)
GBP	650,000	USD	991,705	07/15/13	Morgan Stanley		991,705			985,768			(5,937	)
USD	1,608,421	EUR	1,200,000	07/15/13	Morgan Stanley		(1,608,421	)		(1,559,899	)		48,522
USD	8,580,000	EUR	6,500,000	07/15/13	Morgan Stanley		(8,580,000	)		(8,449,456	)		130,544
USD	391,965	EUR	300,000	07/15/13	Morgan Stanley		(391,965	)		(389,975	)		1,990
USD	2,302,950	GBP	1,500,000	07/15/13	Morgan Stanley		(2,302,950	)		(2,274,849	)		28,101
USD	465,990	GBP	300,000	07/15/13	Morgan Stanley		(465,990	)		(454,970	)		11,020
												$	175,326

Currency Abbreviations:

EUR = Euro

GBP = British Pound

USD = United States Dollar

J) SECURITIES LENDING — Loans of securities are required at all times to be secured by collateral at least equal to 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). 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 June 30, 2013, the Fund had investment securities on loan with a fair value of $21,611,589 and a related liability of $22,002,296 for collateral received on securities loaned, both of which are presented gross on the Statement of Assets and Liabilities. The carrying value of the collateral for securities loaned approximates fair value which would have been considered level 2 under the fair value hierarchy if the collateral for securities loaned were carried at fair value.

The Fund's securities lending arrangement provides that the Fund and SSB will share the net income earned from securities lending activities. During the six months ended June 30, 2013, total earnings from the Fund's investment in cash collateral received in connection with securities lending arrangements was $48,493, of which $4,668 was rebated to borrowers (brokers). The Fund retained $37,212 in income from the cash collateral investment, and SSB, as lending agent, was paid $6,613. Securities lending income is accrued as earned.

K) 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.

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.

L) SUBSEQUENT EVENTS — In preparing the financial statements as of June 30, 2013, 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 six months ended June 30, 2013, investment advisory fees earned were $487,976.

SSB serves as Accounting and Administrative Agent for the Fund. For its administrative services, SSB receives a fee, exclusive of out-of-pocket expenses, calculated in total for all the Credit Suisse funds/portfolios co-administered by SSB and allocated based upon the relative average net assets of each fund/portfolio, subject to an annual minimum fee. For the six months ended June 30, 2013, administrative services fees earned by SSB (including out-of-pocket expenses) with respect to the Fund were $29,769.

The Independent Directors have the option to elect 50% or 100% of their annual retainer in shares of the Fund. During the six months ended June 30, 2013, no shares were issued through the Directors's compensation plan. Directors as a group own less than 1% of the Fund's outstanding shares.

Merrill Corporation ("Merrill"), an affiliate of Credit Suisse, has been engaged by the Fund to provide certain financial printing services. For the six months ended June 30, 2013, Merrill was paid $13,905 for its services by the Fund.

Note 4. Line of Credit

The Fund, together with other funds/portfolios advised by Credit Suisse (collectively, the "Participating Funds"), participates in a committed, unsecured line of credit facility ("Credit Facility"), in an aggregated amount of $20 million for temporary or emergency purposes with SSB. Under the terms of the Credit Facility, the Participating Funds pay an aggregate commitment fee on the average unused amount of the Credit Facility, which is allocated among the Participating Funds in such manner as is determined by the governing Boards of the Participating Funds. In addition, the Participating Funds pay interest on borrowings at either the Overnight

Federal Funds rate or the Overnight LIBOR rate plus a spread. At June 30, 2013, and during the six months ended June 30, 2013, the Fund had no borrowings outstanding under the Credit Facility.

Note 5. Purchases and Sales of Securities

For the six months ended June 30, 2013, purchases and sales of investment securities (excluding short-term investments) were $79,519,533 and $67,938,904, respectively.

At June 30, 2013, the cost of investments (excluding foreign currency related transactions) and net unrealized appreciation (depreciation) for income tax purposes were as follows:

Cost of Investments	$	220,784,519
Unrealized appreciation	$	7,698,869
Unrealized depreciation		(9,949,026	)
Net unrealized appreciation (depreciation)	$	(2,250,157	)

Note 6. Fund Shares

The Fund has one class of shares of common stock, par value $.001 per share; one hundred million shares are authorized. Transactions in shares of common stock were as follows:

	For the Six Months Ended June 30, 2013 (unaudited)		For the Year Ended December 31, 2012
Shares issued through the Directors compensation plan		—		14,744
Shares issued through at-the-market offerings		2,034,748		—
Shares issued through reinvestment of dividends		38,117		84,475
Net increase		2,072,865		99,219

Note 7. Shelf Offering

On January 22, 2013, the Fund's "shelf" registration was declared effective by the SEC. The shelf registration statement enables the Fund to issue up to $40 million in shares of common stock through one or more public offerings. Shares may be offered at prices and terms to be set forth in one or more supplements to the Fund's prospectus included in the shelf registration statement. On February 1, 2013, the Fund filed a prospectus supplement relating to an at-the-market offering of the Fund's shares of common stock. Any proceeds raised through such offering will be used for investment purposes. As of June 30, 2013, the Fund had offered and sold 2,034,748 shares of common stock in at-the-market offerings, resulting in proceeds (net of all fees, commissions and offering costs) of $8,300,803.

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.

On May 9, 2013, the Annual Meeting of shareholders of the Fund was held.

Robert Wilson, in his capacity as Inspector, reported that, with respect to the proposal 1 relating to the election of three Directors, the following number of Shares were voted for Messrs. Arzac and Popp and Ms. Bovarnick:

Nominee	"For" Nominee		Withheld
Enrique R. Arzac		27,494,384		2,043,873
Terry F. Bovarnick		27,684,838		1,853,419
John G. Popp		27,649,065		1,889,192

Robert Wilson, in his capacity as Inspector, reported that, with respect to the proposal 2 relating to the approval of the amendment or elimination of certain of the Fund's fundamental investment restrictions, the number of shares set below were voted with respect to each of the following proposals:

2-A. To amend the fundamental investment restriction regarding diversification.

	Shares		% of total shares outstanding			% of total shares voted
For		20,857,167		40.88	%		70.61	%
Against		2,976,987		5.83	%		10.08	%
Abstain		1,060,942		2.08	%		3.59	%
Broker Non-votes		4,643,162		9.10	%		9.10	%

2-B. To amend the fundamental investment restriction regarding borrowing.

	Shares		% of total shares outstanding			% of total shares voted
For		20,114,456		39.42	%		68.10	%
Against		3,668,402		7.19	%		12,42	%
Abstain		1,112,236		2.18	%		3.77	%
Broker Non-votes		4,643,162		9.10	%		9.10	%

2-C. To amend the fundamental investment restriction regarding investing in commodities.

	Shares		% of total shares outstanding			% of total shares voted
For		20,200,171		39.59	%		68.39	%
Against		3,618,893		7.09	%		12.25	%
Abstain		1,076,030		2.11	%		3.64	%
Broker Non-votes		4,643,162		9.10	%		9.10	%

2-D. To amend the fundamental investment restriction regarding lending.

	Shares		% of total shares outstanding			% of total shares voted
For		20,221,186		39.63	%		68.46	%
Against		3,557,483		6.97	%		12.04	%
Abstain		1,116,425		2.19	%		3.78	%
Broker Non-votes		4,643,162		9.10	%		9.10	%

2-E. To amend the fundamental investment restriction regarding investing in real estate.

	Shares		% of total shares outstanding			% of total shares voted
For		20,775,391		40.72	%		70.33	%
Against		3,046,698		5.97	%		10.31	%
Abstain		1,073,006		2.10	%		3.63	%
Broker Non-votes		4,643,162		9.10	%		9.10	%

2-F. To amend the fundamental investment restriction regarding concentration.

	Shares		% of total shares outstanding			% of total shares voted
For		20,223,512		39.64	%		68.47	%
Against		3,527,346		6.91	%		11.94	%
Abstain		1,144,237		2.24	%		3.87	%
Broker Non-votes		4,643,162		9.10	%		9.10	%

2-G. To amend the fundamental investment restriction regarding the issuance of senior securities.

	Shares		% of total shares outstanding			% of total shares voted
For		20,288,414		39.76	%		68.69	%
Against		3,422,794		6.71	%		11.59	%
Abstain		1,183,884		2.32	%		4.01	%
Broker Non-votes		4,643,162		9.10	%		9.10	%

2-H. To eliminate the fundamental investment restriction regarding investing in other investment companies.

	Shares		% of total shares outstanding			% of total shares voted
For		20,385,865		39.96	%		69.02	%
Against		3,394,231		6.65	%		11.49	%
Abstain		1,114,998		2.19	%		3.77	%
Broker Non-votes		4,643,162		9.10	%		9.10	%

2-I. To eliminate the fundamental investment restriction regarding purchasing securities on margin.

	Shares		% of total shares outstanding			% of total shares voted
For		19,862,539		38.93	%		67.24	%
Against		3,936,991		7.72	%		13.33	%
Abstain		1,095,563		2.15	%		3.71	%
Broker Non-votes		4,643,162		9.10	%		9.10	%

2-J. To eliminate the fundamental investment restriction regarding short sales.

	Shares		% of total shares outstanding			% of total shares voted
For		20,154,522		39.50	%		68.23	%
Against		3,609,996		7.08	%		12.22	%
Abstain		1,130,574		2.22	%		3.83	%
Broker Non-votes		4,643,162		9.10	%		9.10	%

2-K. To eliminate the fundamental investment restriction regarding investing for the purpose of exercising control over management of a company.

	Shares		% of total shares outstanding			% of total shares voted
For		20,559,756		40.30	%		69.60	%
Against		3,133,025		6.14	%		10.61	%
Abstain		1,202,313		2.36	%		4.07	%
Broker Non-votes		4,643,162		9.10	%		9.10	%

2-L. To eliminate the fundamental investment restriction regarding investing in restricted securities.

	Shares		% of total shares outstanding			% of total shares voted
For		20,011,656		39.22	%		67.75	%
Against		3,695,228		7.24	%		12.51	%
Abstain		1,188,208		2.33	%		4.02	%
Broker Non-votes		4,643,162		9.10	%		9.10	%

2-M. To eliminate the fundamental investment restriction regarding investing in interests in oil, gas or other mineral exploration development programs.

	Shares		% of total shares outstanding			% of total shares voted
For		20,834,022		40.83	%		70.53	%
Against		2,945,770		5.77	%		9.97	%
Abstain		1,115,305		2.19	%		3.78	%
Broker Non-votes		4,643,162		9.10	%		9.10	%

2-N. To eliminate the fundamental investment restriction regarding investing in securities denominated in a foreign currency.

	Shares		% of total shares outstanding			% of total shares voted
For		20,828,714		40.82	%		70.51	%
Against		2,892,262		5.67	%		9.79	%
Abstain		1,174,118		2.30	%		3.97	%
Broker Non-votes		4,643,162		9.10	%		9.10	%

At Credit Suisse, we know that you are concerned with how we protect and handle nonpublic personal information that identifies you. This notice is designed to help you understand what nonpublic personal information we collect from you and from other sources, and how we use that information in connection with your investments and investment choices that may be available to you. Except where otherwise noted, this notice is applicable only to consumers who are current or former investors, meaning individual persons whose investments are primarily for household, family or personal use ("individual investors"). Specified sections of this notice, however, also apply to other types of investors (called "institutional investors"). Where the notice applies to institutional investors, the notice expressly states so. This notice is being provided by Credit Suisse Funds and Credit Suisse Closed-End Funds. This notice applies solely to U.S. registered investment companies advised by Credit Suisse Asset Management, LLC.

Categories of information we may collect:

We may collect information about you, including nonpublic personal information, such as

• Information we receive from you on applications, forms, agreements, questionnaires, Credit Suisse websites and other websites that are part of our investment program, or in the course of establishing or maintaining a customer relationship, such as your name, address, e-mail address, Social Security number, assets, income, financial situation; and

• Information we obtain from your transactions and experiences with us, our affiliates, or others, such as your account balances or other investment information, assets purchased and sold, and other parties to a transaction, where applicable.

Categories of information we disclose and parties to whom we disclose it:

• We do not disclose nonpublic personal information about our individual investors, except as permitted or required by law or regulation. Whether you are an individual investor or institutional investor, we may share the information described above with our affiliates that perform services on our behalf, and with our asset management and private banking affiliates; as well as with unaffiliated third parties that perform services on our behalf, such as our accountants, auditors, attorneys, broker-dealers, fund administrators, and other service providers.

• We want our investors to be informed about additional products or services. We do not disclose nonpublic personal information relating to individual investors to our affiliates for marketing purposes, nor do we use such information received from our affiliates to solicit individual investors for such purposes. Whether you are an individual investor or an institutional investor, we may disclose information, including nonpublic personal information, regarding our transactions and experiences with you to our affiliates.

• In addition, whether you are an individual investor or an institutional investor, we reserve the right to disclose information, including nonpublic personal information, about you to any person or entity, including without limitation any governmental agency, regulatory authority or self-regulatory organization having jurisdiction over us or our affiliates, if (i) we determine in our discretion that such disclosure is necessary or advisable pursuant to or in connection with any United States federal, state or local, or non-U.S., court order (or other legal process), law, rule, regulation, or executive order or policy, including without limitation any anti-money laundering law or the USA PATRIOT Act of 2001; and (ii) such disclosure is not otherwise prohibited by law, rule, regulation, or executive order or policy.

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.

Item 2. Code of Ethics.