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CREDIT SUISSE ASSET MANAGEMENT INCOME FUND, INC.

Regulatory Filings Sep 4, 2007

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N-CSRS 1 a07-20360_7ncsrs.htm N-CSRS

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

*FORM N-CSR*

*CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES*

| Investment
Company Act file number | |
| --- | --- |
| 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) |
| J. Kevin Gao,
Esq. Credit Suisse
Asset Management Income Fund, Inc. Eleven Madison
Avenue New York, New
York 10010 | |
| (Name and address of agent for service) | |
| Registrant’s
telephone number, including area code: | (212) 325-2000 |
| Date of fiscal year end: | December 31 |
| Date of reporting period: | January 1, 2007 to June 30, 2007 |

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*Item 1. Reports to Stockholders.*

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Document name: 07-20360-8.aa

Credit Suisse Asset Management Income Fund, Inc. Eleven Madison Avenue New York, NY 10010

Directors

Enrique R. Arzac

Chairman of the Board

Terry Fires Bovarnick

James J. Cattano

Lawrence J. Fox

Lawrence Haber

Steven N. Rappaport

Officers

Keith M. Schappert

Chief Executive Officer and President

Martha B. Metcalf

Chief Investment Officer

J. Kevin Gao

Chief Legal Officer, Senior Vice President and Secretary

Emidio Morizio

Chief Compliance Officer

Michael A. Pignataro

Chief Financial Officer

Robert Rizza

Treasurer

Investment Adviser

Credit Suisse Asset Management, LLC Eleven Madison Avenue New York, New York 10010

Investment Sub-Adviser

Credit Suisse Asset Management Limited One Cabot Square London, E14 4QJ

Administrator and Custodian

Brown Brothers Harriman & Co. 40 Water Street Boston, Massachusetts 02109

Shareholder Servicing Agent

Computershare Trust Company, N.A. P.O. Box 43010 Providence, RI 02940-3010

Legal Counsel

Willkie Farr & Gallagher 787 7th Avenue New York, New York 10019

Independent Registered Public Accounting Firm

PricewaterhouseCoopers LLP 100 East Pratt Street Baltimore, MD 21202

Credit Suisse Asset Management Income Fund, Inc.

SEMIANNUAL REPORT June 30, 2007 (unaudited)

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Document name: 07-20360-8.ba

Credit Suisse Asset Management Income Fund, Inc.

Semiannual Investment Adviser's Report

June 30, 2007 (unaudited)

July 26, 2007

Dear Shareholder:

Performance Summary

1/1/07 – 06/30/07

Fund and Benchmark
Total Return (based on NAV) 1 4.16 %
Total Return (based on market value) 1 1.32 %
Merrill Lynch US High Yield Master II Constrained Index 2 3.14 %

Market Review: Lower-rated issuers outperform the broad market

For the semiannual period ended June 30, 2007, the high yield market, as measured by the Merrill Lynch US High Yield Master II Constrained Index, returned 3.14%.

Lower-rated issuers outperformed the broader market for the period with CCC-rated securities returning 6.10%. Additionally, B-rated securities slightly outperformed the market at 3.39%, while BB-rated securities underperformed at 1.87%. High yield spreads widened 5 basis points relative to the Treasury market to end the period at 308 basis points.

Credit fundamentals continued to be firm as default rates, reported by Moody's Investor Services, continue to hover near 10-year lows at 1.38%. Equally supportive of fundamentals is the Merrill Lynch distress ratio, a leading indicator for future default rates, which has remained near 15 year-lows of 1.2% for the period.

Against this fundamental backdrop, the technical environment has been pressured the past few months as the new issue calendar continues to grow. Year-to-date, $95.3 billion in new issues came into the U.S. Dollar high yield market. This represents a 50% increase over the same period last year. Supply pressures are likely to remain near-term as the high yield market digests an estimated $80 billion in new issues through year-end. In addition, mutual fund outflows for the past four weeks have also strained market technicals.

Over the period, nearly all sectors in the broad market posted positive returns. Auto parts, transportation, and metals/mining outperformed the market while builders, auto loans and hotels underperformed.

Strategic Review and Outlook: High yield market is vulnerable to external shocks

For the six-month period ended June 30, 2007, the Fund returned 4.16% as compared to 3.14% for the benchmark. In terms of industry exposures, superior security selection in telecom-integrated, media-cable, media-broadcast and diversified capital contributed to performance. An underweight to metals/mining hurt relative returns.

The Fund continues to benefit from an underweight to BB-rated securities as the compression between lower rated securities and the broad market has persisted. We have, however, used the recent Treasury weakening as an opportunity to partially cover this underweight as the BB index now yields 7.25%.

At the sector level, we remain constructive on corporate spending and the commercial cycle broadly. In contrast, we have grown more cautious with respect to consumer driven sectors given high energy prices and weak housing data. Additionally, we are maintaining an overweight in the cable sector as we expect product bundling will continue to support subscriber and margin growth.

The recent equity volatility in February combined with fears from subprime lending in June has proven that the high yield market is vulnerable to external shocks. We believe it may display some volatility in the future. While

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Credit Suisse Asset Management Income Fund, Inc.

Semiannual Investment Adviser's Report (continued)

June 30, 2007 (unaudited)

the new issue calendar will continue to pressure in the near-term, the recent spread widening has brought valuations more in–line to fair value. We will look for opportunities to add exposure in new issues with cheaper pricing and better covenants as well as higher yielding BB-rated securities.

Martha Metcalf Chief Investment Officer Keith M. Schappert 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.

International investing entails special risk considerations, including currency fluctuations, lower liquidity, economic and political risks, and differences in accounting methods; these risks are generally heightened for emerging- market investments. The Fund may include a greater degree of risk than other funds that invest in larger, more-developed markets.

In addition to historical information, this report contains forward-looking statements, which may concern, among other things, domestic and foreign market, 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.

We wish to remind shareholders about the Fund's dividend reinvestment program known as the Investlink SM Program (the "Program"). The Program is sponsored and administered by Computershare Trust Company N.A. ("Computershare"), not by the Fund. Computershare will act as program administrator (the "Program Administrator") of the Program. The purpose of the Program is to provide existing shareholders with a simple and convenient way to invest additional funds and reinvest dividends in shares of the Fund's common stock. The enrollment form and information relating to the Program (including the terms and conditions) may be obtained by calling the Program Administrator at one of the following telephone numbers: (800) 730-6001 (U.S and Canada) or (781) 575-3100 (outside U.S. and Canada). All correspondence regarding the Program should be directed to: Computershare Trust Company, N.A., InvestLink SM Program, P.O. Box 43010, Providence, RI 02940-3010.

  • Martha B. Metcalf is a Managing Director of Credit Suisse Asset Management, LLC ("Credit Suisse") and head of the U.S. High Yield Management Team. She has served in these capacities since 2005. As of November 2005, she is primarily responsible for the management of the Fund's assets. From 2000 until 2005, she was a Managing Director and Portfolio Manager of Global High Yield bonds, and head of a global high yield business with responsibility for total return, as well as structured portfolios at Invesco. Prior to her tenure at Invesco, Ms. Metcalf served for over 10 years at JPMorgan Investment Management, where she was Vice President and Portfolio Manager for High Yield Corporate bonds.

** Keith M. Schappert is Executive Vice Chairman and Head of Asset Management for Americas of Credit Suisse and CEO/President of the Fund. Mr. Schappert joined Credit Suisse in 2006 from Federated Investment Advisory Companies, where he was CEO and President from 2002. Prior to Federated, Mr. Schappert was CEO and President of JP Morgan Investment Management from 1994 to 2001.

1 Assuming reinvestment of dividends of $0.15 per share.

2 The Merrill Lynch US High Yield Master II Constrained 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. Any individual issuer is capped at 2%. Investors cannot invest directly in an index.

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Credit Suisse Asset Management Income Fund, Inc.

Semiannual Investment Adviser's Report (continued)

June 30, 2007 (unaudited)

Top Ten Holdings

(% of net assets as of 6/30/07)

Security Description

1. HCA, Inc. 6.500 %, 02/15/16 1.25
2. SunGard Data Systems, Inc. 10.250 %, 08/15/15 0.85 %
3. General Motors Corp. 7.125 %, 07/15/13 0.84 %
4. CCH I LLC 11.000 %, 10/01/15 0.80 %
5. General Motors Acceptance Corp. 5.625 %, 05/15/09 0.76 %
6. Freescale Semiconductor, Inc. 10.125 %, 12/15/16 0.75 %
7. Smurfit-Stone Container 8.375 %, 07/01/12 0.74 %
8. General Motors Corp. 8.375 %, 07/15/33 0.74 %
9. Ford Motor Credit Co. 7.00 %, 10/1/13 0.73 %
10. Chesapeake Energy Corp. 6.875 %, 01/15/16 0.73 %

Credit Quality Breakdown

(% of total investments as of 6/30/07)

S&P Ratings

BBB 0.4
BB 11.5
B 49.6
CCC 35.0
CC 0.8
D 0.3
N/R 0.9
Subtotal 98.5
Time Deposit 0.5
Equities and Other 1.0
Total 100.0 %

1

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Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments

June 30, 2007 (unaudited)

Par (000) Ratings† (S&P/Moody's) Maturity Value
U.S. CORPORATE BONDS (88.0%)
Aerospace/Defense (1.6%)
$ 275 DRS Technologies, Inc., Company Guaranteed Notes (Callable 02/01/11 @ $103.81) (B , B3) 02 /01/18 7.625 $ 279,125
275 DRS Technologies, Inc., Global Senior Subordinated Notes (Callable 11/01/08 @ $103.44) (B , B3) 11 /01/13 6.875 268,125
200 Hawker Beechcraft Acquisition Company LLC, Rule 144A, Senior Notes (Callable 04/01/11 @ $104.25) ‡ (B- , B3) 04 /01/15 8.500 207,000
375 Hawker Beechcraft Acquisition Company LLC, Rule 144A, Senior Notes (Callable 04/01/11 @ $104.44) ‡ (B- , B3) 04 /01/15 8.875 387,187
775 Hawker Beechcraft Acquisition Company LLC, Rule 144A, Senior Subordinated Notes (Callable 04/01/12 @ $104.88) ‡ (B- , Caa1) 04 /01/17 9.750 811,812
475 K&F Acquisition, Inc., Global Company Guaranteed Notes (Callable 11/15/09 @ $103.88) (NR , Caa1) 11 /15/14 7.750 505,875
725 L-3 Communication Corp., Global Senior Subordinated Notes (Callable 01/15/10 @ $102.94) (BB+ , Ba3) 01 /15/15 5.875 676,062
150 TransDigm, Inc., Global Company Guaranteed Notes (Callable 07/15/09 @ $105.81) (B- , B3) 07 /15/14 7.750 152,250
300 TransDigm, Inc., Rule 144A, Senior Subordinated Notes (Callable 07/15/09 @ $105.81) ‡ (B- , B3) 07 /15/14 7.750 304,500
3,591,936
Agriculture (0.4%)
825 Southern States Cooperative, Inc., Rule 144A, Senior Notes (Callable 11/01/07 @ $108.00) ‡ (B , Caa1) 11 /01/10 10.500 874,500
Apparel/Textiles (0.7%)
675 Levi Strauss & Co., Global Senior Notes (Callable 01/15/10 @ $104.88) (B , B2) 01 /15/15 9.750 725,625
275 Levi Strauss & Co., Global Senior Notes (Callable 12/15/07 @ $106.13) (B , B2) 12 /15/12 12.250 299,062
500 Propex Fabrics, Inc., Global Company Guaranteed Notes (Callable 12/01/08 @ $105.00) (CCC , Caa1) 12 /01/12 10.000 450,000
1,474,687
Auto Loans (3.9%)
1,725 Ford Motor Credit Co., Global Notes (B , B1) 10 /01/13 7.000 1,600,167
750 Ford Motor Credit Co., Global Notes (B , B1) 06 /15/10 7.875 750,340
425 Ford Motor Credit Co., Senior Notes (B , B1) 08 /10/11 9.875 446,468
650 Ford Motor Credit Co., Senior Unsecured Notes (B , B1) 06 /16/08 6.625 649,708
1,300 Ford Motor Credit Co., US Domestic, Senior Unsecured Notes (B , B1) 12 /15/16 8.000 1,247,216
1,700 General Motors Acceptance Corp., Global Notes (BB+ , Ba1) 05 /15/09 5.625 1,662,867
1,480 General Motors Acceptance Corp., Global Notes (BB+ , Ba1) 12 /01/14 6.750 1,419,351
850 GMAC LLC, US Domestic, Senior Unsubordinated Notes (BB+ , Ba1) 12 /15/11 6.000 808,868
8,584,985
Automobile Parts & Equipment (2.1%)
650 Altra Industrial Motion, Inc., Global Secured Notes (Callable 12/01/08 @ $104.50) (CCC+ , B2) 12 /01/11 9.000 676,000
275 Altra Industrial Motion, Inc., Rule 144A, Secured Notes (Callable 12/01/08 @ $104.50) ‡ (CCC+ , B2) 12 /01/11 9.000 286,000
800 American Tire Distributors Holdings, Inc., Global Senior Notes (Callable 04/01/09 @ $105.38) § (CCC+ , Caa1) 04 /01/13 10.750 820,000
812 Goodyear Tire & Rubber Co., Global Senior Notes (Callable 07/01/10 @ $104.50) § (B , Ba3) 07 /01/15 9.000 878,990
75 Goodyear Tire & Rubber Co., Rule 144A, Senior Notes (Callable 08/13/07 @ $100.00) ‡ (B , Ba3) 12 /01/09 9.140 75,562
16 Goodyear Tire & Rubber Co., Rule 144A, Senior Notes (Callable 12/01/09 @ $104.31) ‡ (B , Ba3) 12 /01/11 8.625 16,920
450 Keystone Automotive Operations, Inc., Global Senior Subordinated Notes (Callable 11/01/08 @ $104.88) (CCC+ , Caa2) 11 /01/13 9.750 393,750
775 Stanadyne Corp., Global Senior Subordinated Notes (Callable 08/15/09 @ $105.00) (CCC+ , Caa1) 08 /15/14 10.000 823,437
600 Visteon Corp., Global Senior Notes (CCC+ , Caa2) 08 /01/10 8.250 598,500
4,569,159
Automotive (2.0%)
1,210 Ford Motor Co., Global Notes (CCC+ , Caa1) 07 /16/31 7.450 972,537
1,950 General Motors Corp., Global Senior Notes § (B- , Caa1) 07 /15/13 7.125 1,835,437
1,750 General Motors Corp., Global Senior Unsubordinated Notes § (B- , Caa1) 07 /15/33 8.375 1,605,625
4,413,599
Beverage (0.2%)
525 Constellation Brands, Inc., Company Guaranteed Notes (BB- , Ba3) 09 /01/16 7.250 514,500
Brokerage (0.2%)
175 E*TRADE Financial Corp., Global Senior Unsecured Notes (Callable 06/15/08 @ $104.00) (BB- , Ba2) 06 /15/11 8.000 180,250
315 E*TRADE Financial Corp., US Domestic, Senior Unsecured Notes (Callable 12/01/10 @ $103.94) (BB- , Ba2) 12 /01/15 7.875 329,569
509,819

See Accompanying Notes to Financial Statements. 2

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Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

June 30, 2007 (unaudited)

Par (000) Ratings† (S&P/Moody's) Maturity Value
U.S. CORPORATE BONDS
Building & Construction (1.8%)
$ 900 Ashton Woods, Global Senior Subordinated Notes (Callable 10/01/10 @ $104.75) (B- , B3) 10 /01/15 9.500 $ 837,000
500 K Hovnanian Enterprises, Inc., Global Company Guaranteed Notes (BB , Ba3) 01 /15/16 6.250 427,500
600 KB Home, Senior Notes § (BB+ , Ba1) 06 /15/15 6.250 531,000
625 Standard Pacific Corp., Global Senior Notes § (BB , Ba3) 08 /15/15 7.000 553,125
750 TOUSA, Inc., Global Senior Subordinated Notes § (CCC+ , Caa2) 01 /15/15 7.500 521,250
425 WCI Communities, Inc., Global Company Guaranteed Notes (Callable 03/15/10 @ $103.31) § (B+ , Caa1) 03 /15/15 6.625 384,625
250 William Lyon Homes, Inc., Global Senior Notes (Callable 02/15/09 @ $103.75) § (B , Caa1) 02 /15/14 7.500 211,250
500 William Lyon Homes, Inc., Global Senior Notes (Callable 12/15/08 @ $103.81) (B , Caa1) 12 /15/12 7.625 430,000
3,895,750
Building Materials (3.9%)
750 Associated Materials, Inc., Global Senior Discount Notes (Callable 03/01/09 @ $105.63) + (CCC , Caa2) 03 /01/14 0.000 562,500
825 Building Materials Corp. of America, Global Secured Notes (Callable 08/01/09 @ $103.88) (BB- , B2) 08 /01/14 7.750 804,375
1,000 Coleman Cable, Inc., Global Company Guaranteed Notes (Callable 10/01/08 @ $104.94) (B , B2) 10 /01/12 9.875 1,050,000
750 CPG International I, Inc., Global Senior Unsecured Notes (Callable 07/01/09 @ $105.25) (B- , B3) 07 /01/13 10.500 772,500
300 Dayton Superior Corp., Company Guaranteed Notes (Callable 08/13/07 @ $102.17) (CCC+ , Caa2) 06 /15/09 13.000 306,750
500 Dayton Superior Corp., Global Company Guaranteed Notes (Callable 08/13/07 @ $102.81) (B , B2) 09 /15/08 10.750 513,750
375 General Cable Corp., Rule 144A, Senior Notes (Callable 04/01/09 @ $102.00) ‡ (B+ , B1) 04 /01/15 7.725 376,875
175 General Cable Corp., Rule 144A, Senior Notes (Callable 04/01/12 @ $103.56) ‡ (B+ , B1) 04 /01/17 7.125 174,125
875 Goodman Global Holding Company, Inc., Global Senior Subordinated Notes (Callable 12/15/08 @ $103.94) § (B- , B3) 12 /15/12 7.875 870,625
400 Interface, Inc., Global Senior Subordinated Notes (Callable 02/01/09 @ $104.75) (CCC+ , B3) 02 /01/14 9.500 433,000
325 Norcraft Companies, Global Senior Subordinated Notes (Callable 11/01/07 @ $104.50) (B- , B1) 11 /01/11 9.000 337,187
250 Norcraft Holdings LP, Global Senior Discount Notes (Callable 09/01/08 @ $104.88) (B- , B3) 09 /01/12 9.750 230,000
700 Nortek, Inc., Global Senior Subordinated Notes (Callable 09/01/09 @ $104.25) (CCC+ , B3) 09 /01/14 8.500 670,250
750 NTK Holdings, Inc., Global Senior Discount Notes (Callable 09/01/09 @ $105.38) §+ (CCC+ , Caa1) 03 /01/14 0.000 547,500
1,025 Ply Gem Industries, Inc., Global Senior Subordinated Notes (Callable 02/15/08 @ $104.50) § (CCC+ , Caa1) 02 /15/12 9.000 926,344
8,575,781
Chemicals (2.5%)
650 Koppers Holdings, Inc., Global Senior Discount Notes (Callable 11/15/09 @ $104.94) + (B- , B3) 11 /15/14 0.000 559,000
375 Lyondell Chemical Co., Global Company Guaranteed Notes (Callable 06/01/08 @ $105.25) (BB+ , Ba2) 06 /01/13 10.500 406,875
675 Lyondell Chemical Co., Global Senior Unsecured Notes (Callable 09/15/10 @ $104.00) (B+ , B1) 09 /15/14 8.000 696,937
925 Lyondell Chemical Co., Global Senior Unsecured Notes (Callable 09/15/11 @ $104.13) (B+ , B1) 09 /15/16 8.250 971,250
250 Momentive Performance Materials, Inc., Rule 144A, Company Guaranteed Notes (Callable 12/01/10 @ $104.88) ‡ (B- , B3) 12 /01/14 9.750 253,750
625 Momentive Performance Materials, Inc., Rule 144A, Senior Subordinated Notes (Callable 12/01/11 @ $105.75) ‡ (CCC+ , Caa2) 12 /01/16 11.500 634,375
800 Nalco Finance Holdings, Inc., Global Senior Notes (Callable 02/01/09 @ $104.50) + (B- , B3) 02 /01/14 0.000 732,000
312 PolyOne Corp., Global Company Guaranteed Notes (Callable 08/13/07 @ $105.31) (B+ , B2) 05 /15/10 10.625 328,380
250 PolyOne Corp., Senior Notes § (B+ , B2) 05 /01/12 8.875 249,375
725 Terra Capital, Inc., Global Company Guaranteed Notes (Callable 02/01/12 @ $103.50) (BB- , B1) 02 /01/17 7.000 703,250
5,535,192
Computer Hardware (0.2%)
500 Activant Solutions, Inc., Senior Unsubordinated Notes (Callable 05/01/11 @ $104.75) (CCC+ , Caa1) 05 /01/16 9.500 493,750
Consumer - Products (2.3%)
1,175 AAC Group Holding Corp., Global Senior Discount Notes (Callable 10/01/08 @ $105.13) + (CCC+ , B3) 10 /01/12 0.000 1,063,375
1,000 Amscan Holdings, Inc., Global Senior Subordinated Notes (Callable 05/01/09 @ $104.38) (CCC+ , Caa1) 05 /01/14 8.750 992,500
825 Del Laboratories, Inc., Global Company Guaranteed Notes (Callable 02/01/08 @ $104.00) (CCC- , Caa2) 02 /01/12 8.000 796,125
550 Jarden Corp., Company Guaranteed Notes (Callable 05/01/12 @ $103.75) (B- , B3) 05 /01/17 7.500 545,875
525 Playtex Products, Inc., Global Company Guaranteed Notes (Callable 08/13/07 @ $103.13) (B- , Caa1) 06 /01/11 9.375 542,062
594 Prestige Brands, Inc., Global Senior Subordinated Notes (Callable 04/15/08 @ $104.63) (B- , B3) 04 /15/12 9.250 611,820
500 Revlon Consumer Products Corp., Global Senior Notes (Callable 04/01/08 @ $104.75) § (CCC- , Caa2) 04 /01/11 9.500 478,750
5,030,507

See Accompanying Notes to Financial Statements. 3

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Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

June 30, 2007 (unaudited)

Par (000) Ratings† (S&P/Moody's) Maturity Value
U.S. CORPORATE BONDS
Diversified Capital Goods (1.6%)
$ 575 Esco Corp., Rule 144A, Senior Notes (Callable 12/15/08 @ $102.00) ‡# (B , B2) 12 /15/13 9.235 $ 589,375
400 RBS Global, Inc., & Rexnord Corp., Global Company Guaranteed Notes (Callable 08/01/10 @ $104.75) (CCC+ , B3) 08 /01/14 9.500 412,000
500 RBS Global, Inc., & Rexnord Corp., Global Company Guaranteed Notes (Callable 08/01/11 @ $105.88) § (CCC+ , Caa1) 08 /01/16 11.750 540,000
575 Sensus Metering Systems, Inc., Global Senior Subordinated Notes (Callable 12/15/08 @ $104.31) (B- , B3) 12 /15/13 8.625 586,500
625 Titan International, Inc., Global Company Guaranteed Notes (B , B3) 01 /15/12 8.000 645,312
694 TriMas Corp., Global Company Guaranteed Notes (Callable 08/13/07 @ $104.94) (B1 , B3) 06 /15/12 9.875 716,555
3,489,742
Electric - Generation (2.4%)
450 AES Corp., Senior Notes (B , B1) 03 /01/14 7.750 453,375
800 Calpine Generating Co., Global Secured Notes (Callable 04/01/08 @ $103.50) Ø (D , NR) 04 /01/10 7.756 224,000
1,200 Dynegy Holdings, Inc., Global Senior Unsecured Notes (B- , B2) 05 /01/16 8.375 1,179,000
375 Dynegy Holdings, Inc., Rule 144A, Senior Notes ‡ (B- , B2) 06 /01/15 7.500 354,844
725 Dynegy Holdings, Inc., Rule 144A, Senior Unsecured Notes ‡ (B- , B2) 06 /01/19 7.750 677,875
350 Edison Mission Energy, Rule 144A, Senior Notes ‡ (BB- , B1) 05 /15/17 7.000 331,625
200 Edison Mission Energy, Rule 144A, Senior Notes ‡ (BB- , B1) 05 /15/19 7.200 189,000
271 Midwest Generation LLC, Series B, Global Pass Thru Certificates (BB+ , Ba2) 01 /02/16 8.560 289,454
25 NRG Energy, Inc., Company Guaranteed Notes (Callable 01/15/12 @ $103.69) (B , B1) 01 /15/17 7.375 25,156
425 NRG Energy, Inc., Senior Notes (Callable 2/01/11 @ $103.69) (B , B1) 02 /01/16 7.375 427,125
575 Reliant Energy, Inc., Senior Notes (B- , B3) 06 /15/14 7.625 563,500
575 Reliant Energy, Inc., Senior Notes (B- , B3) 06 /15/17 7.875 562,062
5,277,016
Electric - Integrated (0.2%)
500 Mirant Americas Generation LLC, Senior Notes Ø (NR , NR) 05 /01/06 7.625 0
300 Mirant Corp., Rule 144A, Senior Notes ‡Ø (B , NR) 07 /15/04 7.400 23,901
300 Sierra Pacific Resources, Global Senior Unsecured Notes (Callable 03/15/09 @ $104.31) (B , B1) 03 /15/14 8.625 323,494
347,395
Electronics (2.2%)
1,000 Amkor Technology, Inc., Global Senior Notes (Callable 05/15/08 @ $103.88) (B , B1) 05 /15/13 7.750 966,250
190 Ampex Corp., Secured Notes (Callable 08/13/07 @ $100.00) ^ (NR , NR) 08 /15/08 12.000 189,942
200 Freescale Semiconductor, Inc., Rule 144A, Senior Notes (Callable 12/15/10 @ $104.44) ‡ (B , B1) 12 /15/14 8.875 192,000
1,725 Freescale Semiconductor, Inc., Rule 144A, Senior Subordinated Notes (Callable 12/15/11 @ $105.06) ‡ (B , B2) 12 /15/16 10.125 1,630,125
258 GrafTech Finance, Inc., Global Company Guaranteed Notes (Callable 08/13/07 @ $105.13) (B , B2) 02 /15/12 10.250 271,545
775 Spansion, Inc., Rule 144A, Senior Notes (Callable 01/15/11 @ $105.63) ‡ (B , Caa1) 01 /15/16 11.250 802,125
750 Viasystems, Inc., Global Senior Subordinated Notes (Callable 01/15/08 @ $105.25) (B- , Caa1) 01 /15/11 10.500 768,750
4,820,737
Energy - Exploration & Production (2.4%)
775 Chaparral Energy, Inc., Rule 144A, Senior Notes (Callable 02/01/12 @ $104.44) ‡ (CCC+ , Caa1) 02 /01/17 8.875 769,187
1,611 Chesapeake Energy Corp., Senior Notes (Callable 01/15/09 @ $103.44) (BB , Ba2) 01 /15/16 6.875 1,582,807
650 Encore Acquisition Co., Company Guaranteed Notes (Callable 12/01/10 @ $103.63) (B , B1) 12 /01/17 7.250 601,250
100 Forest Oil Corp., Global Company Guaranteed Notes (Callable 08/13/07 @ $103.88) (B+ , B1) 05 /01/14 7.750 101,500
225 Forest Oil Corp., Rule 144A, Senior Notes (Callable 06/15/12 @ $103.63) ‡ (B+ , B1) 06 /15/19 7.250 219,375
600 Hilcorp Energy I LP/Hilcorp Finance Co., Rule 144A, Senior Notes (Callable 06/01/11 @ $104.50) ‡ (B , B3) 06 /01/16 9.000 624,000
800 PetroHawk Energy Corp., Global Company Guaranteed Notes (Callable 07/15/10 @ $104.56) (B- , B3) 07 /15/13 9.125 850,000
200 Plains Exploration & Production Co., Company Guaranteed (Callable 06/15/11 @ $103.88) (BB- , B1) 06 /15/15 7.750 199,500
375 Whiting Petroleum Corp., Global Senior Subordinated Notes (Callable 05/01/08 @ $103.63) (B , B1) 05 /01/12 7.250 358,125
5,305,744
Environmental (1.2%)
1,525 Allied Waste North America, Inc., Series B, Global Senior Notes (Callable 04/15/09 @ $103.69) § (B+ , B2) 04 /15/14 7.375 1,513,562
1,100 Waste Services, Inc., Global Senior Subordinated Notes (Callable 04/15/09 @ $104.75) (CCC+ , Caa1) 04 /15/14 9.500 1,161,875
2,675,437

See Accompanying Notes to Financial Statements. 4

SEQ.=8,FOLIO='4',FILE='07-20360-8.ca',USER='whazuka',CD='Aug 29 02:48 2007'

Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

June 30, 2007 (unaudited)

Par (000) Ratings† (S&P/Moody's) Maturity Value
U.S. CORPORATE BONDS
Food & Drug Retailers (1.1%)
$ 1,200 Duane Reade, Inc., Global Senior Subordinated Notes (Callable 08/01/08 @ $104.88) § (CC , Caa3) 08 /01/11 9.750 $ 1,179,000
150 Ingles Markets, Inc., Global Company Guaranteed Notes (Callable 08/13/07 @ $104.44) (B , B3) 12 /01/11 8.875 156,187
250 Rite Aid Corp., Rule 144A, Company Guaranteed (Callable 06/15/11 @ $104.69) ‡ (CCC+ , Caa1) 12 /15/15 9.375 241,250
750 Stater Brothers Holdings, Inc., Global Senior Notes (Callable 06/15/08 @ $104.06) (B+ , B2) 06 /15/12 8.125 759,375
50 Stater Brothers Holdings, Inc., Rule 144A, Senior Notes (Callable 04/15/11 @ $103.88) ‡ (B+ , B2) 04 /15/15 7.750 50,375
2,386,187
Food - Wholesale (1.1%)
525 Dole Foods Co., Inc., Debentures Notes § (B- , Caa1) 07 /15/13 8.750 514,500
550 National Beef Packing Company LLC, Global Senior Notes (Callable 08/01/07 @ $105.25) (B- , Caa1) 08 /01/11 10.500 574,750
675 Smithfield Foods, Inc., Senior Unsecured Notes (BB , Ba3) 07 /01/17 7.750 678,375
250 Swift & Co., Global Company Guaranteed Notes (Callable 08/13/07 @ $105.06) (B- , Caa1) 10 /01/09 10.125 259,282
300 Swift & Co., Global Senior Subordinated Notes (Callable 08/13/07 @ $106.25) § (CCC+ , Caa1) 01 /01/10 12.500 317,562
2,344,469
Forestry & Paper (3.4%)
525 Boise Cascade LLC, Global Company Guaranteed Notes (Callable 10/15/09 @ $103.56) (B+ , B2) 10 /15/14 7.125 501,375
1,150 Cellu Tissue Holdings, Inc., Global Secured Notes (Callable 08/13/07 @ $107.31) (B , B2) 03 /15/10 9.750 1,147,125
600 Georgia-Pacific Corp., Debentures Notes (B , B2) 06 /15/15 7.700 597,000
200 Georgia-Pacific Corp., Rule 144A, Company Guaranteed Notes (Callable 01/15/12 @ $103.56) ‡ (B , Ba3) 01 /15/17 7.125 193,000
775 Graphic Packaging International Corp., Global Senior Subordinated Notes (Callable 8/15/08 @ $104.75) (B- , B3) 08 /15/13 9.500 808,906
375 Newark Group, Inc., Global Senior Subordinated Notes (Callable 03/15/09 @ $104.88) (B- , B3) 03 /15/14 9.750 383,437
525 NewPage Corp., Global Secured Notes (Callable 05/01/09 @ $106.00) (B , B2) 05 /01/12 10.000 569,625
600 NewPage Corp., Global Senior Subordinated Notes (Callable 05/01/09 @ $106.00) § (CCC+ , B3) 05 /01/13 12.000 658,500
1,600 Smurfit-Stone Container Enterprises, Inc., Global Senior Notes (Callable 08/13/07 @ $104.19) (CCC+ , B3) 07 /01/12 8.375 1,610,000
675 Verso Paper Holdings LLC, Inc., Rule 144A, Senior Subordinated Notes (Callable 08/01/11 @ $105.69) ‡ (CCC+ , B3) 08 /01/16 11.375 723,937
125 Verso Paper Holdings LLC, Rule 144A, Secured Notes (Callable 08/01/10 @ $104.56) ‡ (B+ , B2) 08 /01/14 9.125 129,687
7,322,592
Gaming (4.6%)
725 Buffalo Thunder Development Authority, Rule 144A, Secured Notes (Callable 12/15/10 @ $104.69) ‡ (B , B2) 12 /15/14 9.375 728,625
1,000 CCM Merger, Inc., Rule 144A, Notes (Callable 08/01/09 @ $104.00) ‡ (CCC+ , B3) 08 /01/13 8.000 1,000,000
150 Choctaw Resort Development Enterprise, Rule 144A, Senior Notes (Callable 11/15/11 @ $103.63) ‡ (BB , Ba2) 11 /15/19 7.250 148,500
375 Fontainebleau Las Vegas Holdings LLC/Fontainebleau Las Vegas Capital Corp., Rule 144A, Mortgage Notes (Callable 06/15/11 @ $105.13) ‡ (CCC+ , Caa1) 06 /15/15 10.250 371,250
525 Herbst Gaming, Inc., Global Senior Subordinated Notes (Callable 06/01/08 @ $104.06) (B- , B3) 06 /01/12 8.125 532,875
475 Inn of the Mountain Gods, Global Senior Notes (Callable 11/15/07 @ $106.00) (B- , B3) 11 /15/10 12.000 511,812
1,100 Jacobs Entertainment, Inc., Global Company Guaranteed Notes (Callable 06/15/10 @ $104.88) (B- , B3) 06 /15/14 9.750 1,148,125
425 Majestic Star Casino LLC, Company Guaranteed Notes (Callable 10/15/07 @ $104.75) (B+ , B1) 10 /15/10 9.500 444,125
550 Majestic Star Casino LLC, Global Senior Unsecured Notes (Callable 10/15/08 @ $104.88) (CCC+ , Caa1) 01 /15/11 9.750 534,875
725 MGM Mirage, Inc., Company Guaranteed Notes (BB , Ba2) 06 /01/16 7.500 691,469
700 MGM Mirage, Inc., Company Guaranteed Notes (BB , Ba2) 01 /15/17 7.625 669,375
125 MGM Mirage, Inc., Global Company Guaranteed Notes (BB , Ba2) 04 /01/13 6.750 119,375
625 Trump Entertainment Resorts, Inc., Secured Notes (Callable 06/01/10 @ $104.25) (B- , Caa1) 06 /01/15 8.500 623,437
500 Turning Stone Resort Casino Enterprise, Rule 144A, Senior Notes (Callable 09/15/10 @ $104.56) ‡ (B+ , B1) 09 /15/14 9.125 511,250
175 Waterford Gaming LLC, Rule 144A, Senior Notes (Callable 09/15/08 @ $103.55) ‡ (BB- , B1) 09 /15/12 8.625 183,312
1,325 Wimar Opco LLC, Rule 144A, Senior Subordinated Notes (Callable 12/15/10 @ $104.81) ‡ (CCC+ , B3) 12 /15/14 9.625 1,281,937
500 Wynn Las Vegas LLC, Global First Mortgage Notes (Callable 12/01/09 @ $103.31) (BB+ , B1) 12 /01/14 6.625 484,375
9,984,717
Gas Distribution (1.4%)
1,150 El Paso Performance-Link, Rule 144A, Notes ‡ (NR , Ba3) 07 /15/11 7.750 1,190,250
525 Inergy LP/Inergy Finance Corp., Global Company Guaranteed Notes (Callable 03/01/11 @ $104.13) (B , B1) 03 /01/16 8.250 542,062
775 Williams Companies, Inc., Notes (BB , Ba2) 03 /15/12 8.125 826,344
400 Williams Partners LP/Williams Partners Finance Corp., Global Company Guaranteed Notes (BB+ , Ba3) 02 /01/17 7.250 404,000
2,962,656

See Accompanying Notes to Financial Statements. 5

SEQ.=9,FOLIO='5',FILE='07-20360-8.ca',USER='whazuka',CD='Aug 29 02:48 2007'

Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

June 30, 2007 (unaudited)

Par (000) Ratings† (S&P/Moody's) Maturity Value
U.S. CORPORATE BONDS
Health Services (5.3%)
$ 225 Community Health Systems, Inc., Rule 144A, Senior Notes (Callable 07/15/11 @ $104.44) ‡ (B- , B3) 07 /15/15 8.875 $ 229,219
700 HCA, Inc., Global Senior Unsecured Notes (B- , Caa1) 01 /15/15 6.375 596,750
3,200 HCA, Inc., Global Senior Unsecured Notes (B- , Caa1) 02 /15/16 6.500 2,724,000
1,225 HCA, Inc., Rule 144A, Secured Notes (Callable 11/15/11 @ $104.63) ‡ (BB- , B2) 11 /15/16 9.250 1,307,687
400 HCA, Inc., Senior Unsecured Notes (B- , Caa1) 02 /15/13 6.250 362,000
800 Healthsouth Corp., Global Company Guaranteed Notes (Callable 06/15/11 @ $105.38) (CCC+ , Caa1) 06 /15/16 10.750 872,000
650 Iasis Healthcare/Capital Corp., Global Senior Subordinated Notes (Callable 06/15/09 @ $104.38) (CCC+ , B3) 06 /15/14 8.750 653,250
100 Service Corp International, Rule 144A, Senior Notes ‡ (BB- , B1) 04 /01/15 6.750 96,875
550 Stewart Enterprises, Inc., Global Senior Notes (Callable 02/15/09 @ $103.13) (B+ , Ba3) 02 /15/13 6.250 532,125
1,500 Tenet Healthcare Corp., Global Senior Notes (CCC+ , Caa1) 07 /01/14 9.875 1,492,500
500 Tenet Healthcare Corp., Global Senior Notes (CCC+ , Caa1) 02 /01/15 9.250 477,500
650 Triad Hospitals, Inc., Senior Subordinated Notes (Callable 11/15/08 @ $103.50) (B+ , B2) 11 /15/13 7.000 684,904
275 Universal Hospital Services. Inc., Rule 144A, Secured Notes (Callable 06/01/09 @ $102.00) ‡# (B+ , B3) 06 /01/15 8.759 276,375
300 Universal Hospital Services. Inc., Rule 144A, Secured Notes (Callable 06/01/11 @ $104.25) ‡ (B+ , B3) 06 /01/15 8.500 298,500
950 Vanguard Health Holding Co., Global Senior Subordinated Notes (Callable 10/01/09 @ $104.50) (CCC+ , Caa1) 10 /01/14 9.000 945,250
11,548,935
Hotels (0.9%)
500 Bluegreen Corp., Series B, Company Guaranteed Notes (Callable 08/13/07 @ $100.00) (B- , B3) 04 /01/08 10.500 502,500
425 Felcor Lodging LP, Global Company Guaranteed Notes (B+ , Ba3) 06 /01/11 8.500 448,906
250 Host Hotels & Resorts LP, Company Guaranteed Notes (Callable 11/01/10 @ $103.44) (BB , Ba1) 11 /01/14 6.875 248,437
825 Host Marriott LP, Global Company Guaranteed Notes (Callable 06/01/11 @ $103.33) (BB , Ba1) 06 /01/16 6.750 812,625
2,012,468
Household & Leisure Products (1.0%)
650 ALH Finance LLC, Senior Subordinated Notes (Callable 01/15/09 @ $104.25) (CCC+ , B3) 01 /15/13 8.500 648,375
400 Ames True Temper, Inc., Global Company Guaranteed Notes (Callable 08/13/07 @ $103.00) (CCC+ , Caa1) 01 /15/12 7.141 405,000
600 Ames True Temper, Inc., Global Senior Subordinated Notes (Callable 07/15/08 @ $105.00) (CCC- , Caa3) 07 /15/12 10.000 570,000
325 Sealy Mattress Co., Global Senior Subordinated Notes (Callable 06/15/09 @ $104.13) (B , B2) 06 /15/14 8.250 334,750
225 Simmons Bedding Co., Global Senior Subordinated Notes (Callable 01/15/09 @ $103.94) (CCC+ , B2) 01 /15/14 7.875 225,000
2,183,125
Leisure (0.8%)
350 Bally Total Fitness Holding Corp., Global Senior Notes (Callable 08/13/07 @ $105.25) § (D , Ca) 07 /15/11 10.500 377,563
675 Six Flags, Inc., Global Senior Notes (Callable 04/15/08 @ $104.88) § (CCC , Caa1) 04 /15/13 9.750 638,719
700 Six Flags, Inc., Global Senior Notes (Callable 06/01/09 @ $104.81) § (CCC , Caa1) 06 /01/14 9.625 652,750
1,669,032
Machinery (0.5%)
525 Baldor Electric Co., Company Guaranteed Notes (Callable 02/15/12 @ $104.31) (B , B3) 02 /15/17 8.625 557,813
450 Case New Holland, Inc., Global Company Guaranteed Notes (Callable 08/01/07 @ $104.63) (BB+ , Ba3) 08 /01/11 9.250 473,940
1,031,753
Media - Broadcast (2.8%)
525 Allbritton Communications Co., Global Senior Subordinated Notes (Callable 12/15/07 @ $103.88) (B- , B1) 12 /15/12 7.750 530,250
525 Barrington Broadcasting Group LLC, Rule 144A, Senior Subordinated Notes (Callable 08/15/10 @ $105.25) ‡ (CCC+ , B3) 08 /15/14 10.500 549,938
575 CMP Susquehanna Corp., Rule 144A, Senior Subordinated Notes (Callable 05/15/10 @ $104.94) ‡ (CCC , B3) 05 /15/14 9.875 577,875
300 Fisher Communications, Inc., Global Senior Notes (Callable 09/15/09 @ $104.31) (B- , B2) 09 /15/14 8.625 321,000
850 ION Media Networks, Inc., Rule 144A, Secured Notes (Callable 01/15/08 @ $102.00) ‡ (CCC- , Caa2) 01 /15/13 10.777 881,875
575 Local TV Finance LLC, Rule 144A, Senior Unsecured Notes (Callable 06/15/11 @ $104.63) ‡ (CCC+ , Caa1) 06 /15/15 9.250 572,125
500 Sirius Satellite Radio, Inc., Global Senior Unsecured Notes (Callable 09/01/09 @ $104.81) (CCC , Caa2) 08 /01/13 9.625 492,500
985 Univision Communications, Inc., Rule 144A, Senior Notes (Callable 03/15/11 @ $104.88) ‡ (CCC+ , B3) 03 /15/15 9.750 977,613
400 XM Satellite Radio, Inc., Global Company Guaranteed Notes (Callable 05/01/08 @ $102.00) (CCC , Caa1) 05 /01/13 9.989 388,000
925 Young Broadcasting, Inc., Global Senior Subordinated Notes (Callable 01/15/09 @ $104.38) (CCC- , Caa1) 01 /15/14 8.750 878,750
6,169,926

See Accompanying Notes to Financial Statements. 6

SEQ.=10,FOLIO='6',FILE='07-20360-8.ca',USER='whazuka',CD='Aug 29 02:48 2007'

Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

June 30, 2007 (unaudited)

Par (000) Ratings† (S&P/Moody's) Maturity Value
U.S. CORPORATE BONDS
Media - Cable (5.5%)
$ 1,050 Atlantic Broadband Finance LLC, Global Company Guaranteed Notes (Callable 01/15/09 @ $104.69) (CCC+ , Caa1) 01 /15/14 9.375 $ 1,065,750
1,500 CCH I Holdings LLC, Global Company Guaranteed Notes (Callable 09/30/07 @ $100.00) § (CCC , Caa3) 04 /01/14 9.920 1,395,000
1,662 CCH I Holdings LLC, Global Secured Notes (Callable 10/01/10 @ $105.50) (CCC , Caa2) 10 /01/15 11.000 1,743,023
1,450 CCO Holdings LLC, Global Senior Notes (Callable 11/15/08 @ $104.38) (CCC , Caa1) 11 /15/13 8.750 1,482,625
495 Charter Communications Holdings LLC, Senior Discount Notes (Callable 08/13/07 @ $100.00) (CCC , Caa3) 04 /01/11 9.920 495,619
1,200 CSC Holdings, Inc., Global Senior Notes (B+ , B2) 04 /15/12 7.250 1,146,000
655 CSC Holdings, Inc., Senior Notes (B+ , B2) 04 /01/11 7.625 653,363
250 DirecTV Holdings LLC, Global Senior Notes (Callable 03/15/08 @ $104.19) (BB- , Ba3) 03 /15/13 8.375 262,813
750 Echostar DBS Corp., Global Company Guaranteed Notes (BB- , Ba3) 10 /01/14 6.625 718,125
300 GCI, Inc., Global Senior Unsecured Notes (Callable 02/15/09 @ $103.63) (B , B1) 02 /15/14 7.250 285,000
250 Insight Communications Co., Inc., Senior Discount Notes (Callable 08/13/07 @ $104.08) + (CCC+ , B3) 02 /15/11 0.000 261,875
259 Insight Midwest/Insight Capital, Senior Notes (Callable 08/13/07 @ $101.63) (B , B3) 10 /01/09 9.750 261,590
1,150 Mediacom Broadband LLC, Global Senior Notes (Callable 10/15/10 @ $104.25) (B , B3) 10 /15/15 8.500 1,161,500
525 Mediacom LLC/Capital Corp., Senior Notes (Callable 08/13/07 @ $101.97) (B , B3) 02 /15/11 7.875 525,000
600 TL Acquisitions, Inc., Rule 144A, Senior Notes (Callable 07/15/11 @ $105.25) ‡ (CCC , Caa1) 01 /15/15 10.500 592,344
12,049,627
Media - Services (0.2%)
475 WMG Holdings Corp., Global Company Guaranteed Notes (Callable 12/15/09 @ $104.75) + (B , B2) 12 /15/14 0.000 363,375
Metals & Mining Excluding Steel (2.0%)
125 Aleris International, Inc., Rule 144A, Senior Notes (Callable 12/15/10 @ $104.5) ‡ (B- , B3e) 12 /15/14 9.000 126,719
675 Aleris International, Inc., Rule 144A, Senior Subordinated Notes (Callable 12/15/11 @ $105.00) ‡ (B- , Caa1) 12 /15/16 10.000 673,313
500 Alpha Natural Resources, Global Company Guaranteed Notes (Callable 06/01/08 @ $105.00) (B- , B3) 06 /01/12 10.000 530,000
625 Freeport-McMoRan Copper & Gold, Inc., Senior Unsecured Notes (Callable 04/01/11 @ $104.13) (BB , Ba3) 04 /01/15 8.250 660,938
625 Freeport-McMoRan Copper & Gold, Inc., Senior Unsecured Notes (Callable 04/01/12 @ $104.19) (BB , Ba3) 04 /01/17 8.375 668,750
1,050 Noranda Aluminium Acquisition Corp., Rule 144A, Senior Unsecured Notes (Callable 05/15/08 @ $102.00) ‡# (CCC+ , B3) 05 /15/15 9.360 1,018,500
675 Southern Copper Corp., Global Senior Notes (BBB- , Baa2) 07 /27/35 7.500 726,325
4,404,545
Non-Food & Drug Retailers (4.1%)
250 Affinity Group, Inc., Global Senior Subordinated Notes (Callable 02/15/08 @ $104.50) (CCC+ , B3) 02 /15/12 9.000 267,500
855 Affinity Group, Inc., Global Senior Subordinated Notes (Callable 02/15/08 @ $105.44) (CCC+ , Caa1) 02 /15/12 10.875 915,337
525 Asbury Automotive Group, Inc., Rule 144A, Senior Subordinated Notes (Callable 03/15/12 @ $103.81) ‡ (B , B3) 03 /15/17 7.625 519,750
825 Brookstone Co., Inc., Global Secured Notes (Callable 10/15/09 @ $106.00) § (B , Caa1) 10 /15/12 12.000 849,750
825 Claire's Stores, Inc., Rule 144A, Senior Notes (Callable 06/01/11 @ $104.81) ‡ (CCC+ , Caa1) 06 /01/15 9.625 767,250
650 Finlay Fine Jewelry Corp., Global Senior Notes (Callable 06/01/08 @ $104.19) (B- , Caa1) 06 /01/12 8.375 578,500
703 Flooring America, Inc., Series B, Company Guaranteed Notes ^Ø (NR , NR) 10 /15/07 9.250 0
525 GSC Holdings Corp., Global Company Guaranteed Notes (Callable 10/01/09 @ $104.00) (BB- , Ba3) 10 /01/12 8.000 551,250
300 Michaels Stores, Inc., Rule 144A, Senior Notes (Callable 11/01/10 @ $105.00) ‡ (CCC , B2) 11 /01/14 10.000 309,000
700 Michaels Stores, Inc., Rule 144A, Senior Subordinated Notes (Callable 11/01/11 @ $105.69) ‡ (CCC , Caa1) 11 /01/16 11.375 735,000
500 Nebraska Book Co, Inc., Global Company Guaranteed Notes (Callable 03/15/08 @ $104.31) (CCC , B3) 03 /15/12 8.625 498,750
1,000 Neiman-Marcus Group, Inc., Global Company Guaranteed Notes (Callable 10/15/10 @ $105.19) (B- , B3) 10 /15/15 10.375 1,105,000
650 PCA LLC, Global Senior Notes Ø (NR , NR) 08 /01/09 11.875 37,375
400 SGS International, Inc., Global Company Guaranteed Notes (Callable 12/15/09 @ $106.00) (B- , B3) 12 /15/13 12.000 438,000
547 Susser Holdings LLC, Global Company Guaranteed Notes (Callable 12/15/09 @ $105.31) (B+ , B2) 12 /15/13 10.625 596,230
50 Yankee Acquisition Corp., Series B, Global Company Guaranteed Notes (Callable 02/15/11 @ $104.25) (CCC+ , B3) 02 /15/15 8.500 48,750
750 Yankee Acquisition Corp., Series B, Global Company Guaranteed Notes (Callable 02/15/12 @ $104.88) § (CCC+ , Caa1) 02 /15/17 9.750 729,375
8,946,817
Office Equipment (0.1%)
200 IKON Office Solutions, Inc., Global Senior Notes (Callable 09/15/10 @ $103.88) (BB , Ba3) 09 /15/15 7.750 204,543
Oil Refining & Marketing (0.1%)
200 Giant Industries, Inc., Company Guaranteed Notes (Callable 05/15/09 @ $104.00) (B , B2) 05 /15/14 8.000 216,460

See Accompanying Notes to Financial Statements. 7

SEQ.=11,FOLIO='7',FILE='07-20360-8.ca',USER='whazuka',CD='Aug 29 02:48 2007'

Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

June 30, 2007 (unaudited)

Par (000) Ratings† (S&P/Moody's) Maturity Value
U.S. CORPORATE BONDS
Packaging (2.9%)
$ 850 Berry Plastics Holding Corp., Global Company Guaranteed Notes (Callable 03/01/11 @ $105.13) (CCC+ , Caa2) 03 /01/16 10.250 $ 854,250
840 Berry Plastics Holding Corp., Global Secured Notes (Callable 09/15/10 @ $104.44) (B , B3) 09 /15/14 8.875 854,700
1,025 Constar International, Inc., Senior Subordinated Notes (Callable 12/01/07 @ $105.50) § (CCC , Caa2) 12 /01/12 11.000 937,875
410 Crown Americas LLC, Global Senior Notes (Callable 11/15/10 @ $103.88) (B , B1) 11 /15/15 7.750 414,100
25 Graham Packaging Co, Inc., Global Company Guaranteed Notes (Callable 10/15/08 @ $104.25) (CCC+ , Caa1) 10 /15/12 8.500 25,281
775 Graham Packaging Co, Inc., Global Company Guaranteed Notes (Callable 10/15/09 @ $104.94) § (CCC+ , Caa1) 10 /15/14 9.875 787,594
680 Owens Brockway Glass Container, Inc., Global Company Guaranteed Notes (Callable 05/15/08 @ $104.13) (B , B3) 05 /15/13 8.250 707,200
725 Pliant Corp., Global Secured Notes (Callable 08/13/07 @ $105.56) (CCC , Caa1) 09 /01/09 11.125 714,125
1,175 Solo Cup Co., Global Senior Subordinated Notes (Callable 02/15/09 @ $104.25) (CCC- , Caa2) 02 /15/14 8.500 1,034,000
6,329,125
Printing & Publishing (3.7%)
775 American Media Operations, Inc., Series B, Global Company Guaranteed Notes (Callable 08/13/07 @ $100.00) § (CCC- , Caa2) 05 /01/09 10.250 738,188
875 CBD Media Holdings Finance, Inc., Global Senior Subordinated Notes (Callable 07/15/08 @ $104.63) (CCC+ , Caa1) 07 /15/12 9.250 910,000
200 Deluxe Corp., Rule 144A, Senior Notes (Callable 06/01/11 @ $103.69) ‡ (BB- , Ba2) 06 /01/15 7.375 200,000
350 Dex Media, Inc., Global Discount Notes (Callable 11/15/08 @ $104.50) + (B , B3) 11 /15/13 0.000 331,188
750 Haights Cross Operating Co., Global Company Guaranteed Notes (Callable 08/15/08 @ $105.88) (CCC- , Caa2) 08 /15/11 11.750 797,813
525 Idearc, Inc., Global Company Guaranteed Notes (Callable 11/15/11 @ 104.00) (B+ , B2) 11 /15/16 8.000 532,875
2,000 Premier Graphics, Inc., Company Guaranteed Notes ^Ø (NR , NR) 12 /01/05 11.500 0
900 R.H. Donnelley Corp., Series A-2 Global Senior Discount Notes (Callable 01/15/09 @ $103.44) (B , B3) 01 /15/13 6.875 857,250
150 R.H. Donnelley Corp., Series A-3, Global Senior Notes (Callable 01/15/11 @ $104.44) (B , B3) 01 /15/16 8.875 156,750
1,600 R.H. Donnelley Corp., Global Senior Unsecured Notes (Callable 01/15/09 @ $103.44) (B , B3) 01 /15/13 6.875 1,524,000
850 Reader's Digest Association, Inc., Rule 144A, Senior Subordinated Notes (Callable 02/15/12 @ $104.50) ‡ (CCC+ , Caa1) 02 /15/17 9.000 799,000
775 Valassis Communications, Inc., Rule 144A, Senior Notes (Callable 03/01/11 @ $104.13) ‡ (B- , B3) 03 /01/15 8.250 759,500
400 Vertis, Inc., Global Company Guaranteed Notes (Callable 08/13/07 @ $102.72) § (CCC , Caa1) 06 /15/09 10.875 394,000
8,000,564
Restaurants (1.0%)
850 Buffets, Inc., Global Company Guaranteed Notes (Callable 11/01/10 @ $106.25) (CCC , Caa1) 11 /01/14 12.500 818,125
475 Denny's Corp., Global Company Guaranteed Notes (Callable 10/01/08 @ $105.00) (B- , B3) 10 /01/12 10.000 503,500
600 Friendly Ice Cream Corp., Global Senior Notes (Callable 06/15/08 @ $104.19) § (CCC+ , Caa1) 06 /15/12 8.375 630,000
275 OSI Restaurant Partners, Inc., Rule 144A, Senior Notes (Callable 06/15/11 @ $105.00) ‡ (CCC+ , Caa1) 06 /15/15 10.000 264,000
2,215,625
Software/Services (0.9%)
1,750 SunGard Data Systems, Inc., Global Company Guaranteed Notes (Callable 08/15/10 @ $105.13) (B- , Caa1) 08 /15/15 10.250 1,859,375
Steel Producers/Products (1.2%)
83 AK Steel Corp., Company Guaranteed Notes (Callable 08/13/07 @ $100.00) (B+ , B2) 02 /15/09 7.875 83,208
575 AK Steel Corp., Global Company Guaranteed Notes (Callable 08/13/07 @ $103.88) (B+ , B2) 06 /15/12 7.750 577,875
725 PNA Group, Inc., Rule 144A, Senior Notes (Callable 09/01/11 @ $105.38) ‡ (B- , B3) 09 /01/16 10.750 793,875
250 PNA Holding Corp., Rule 144A, Senior Notes (Callable 02/15/08 @ $102.00) ‡ (B- , Caa1) 02 /15/13 12.360 253,750
800 RathGibson, Inc., Global Company Guaranteed Notes (Callable 02/15/10 @ $105.63) (B- , B3) 02 /15/14 11.250 844,000
0 WCI Steel Acquisition, Inc., Senior Notes 1 (NR , NR) 05 /01/16 8.000 336
250 WCI Steel, Escrow Ø (NR , NR) 12 /01/04 10.000 9,678
2,562,722
Support - Services (5.4%)
400 Allied Security Escrow Corp., Global Senior Subordinated Notes (Callable 07/15/08 @ $105.69) (CCC+ , Caa1) 07 /15/11 11.375 404,000
200 Aramark Corp., Rule 144A, Senior Notes (Callable 02/01/09 @ $102.00) ‡ (B- , B3e) 02 /01/15 8.860 204,000
300 Aramark Corp., Rule 144A, Senior Notes (Callable 02/01/11 @ $104.25) ‡ (B- , B) 02 /01/15 8.500 306,750
200 Ashtead Capital, Inc., Rule 144A, Notes (Callable 08/15/11 @ $104.50) ‡ (B , B3) 08 /15/16 9.000 210,500
100 Education Management LLC, Senior Notes (Callable 06/01/10 @ $104.38) (CCC+ , B2) 06 /01/14 8.750 103,000
675 Education Management LLC, Senior Subordinated Notes (Callable 06/01/11 @ $105.13) (CCC+ , Caa1) 06 /01/16 10.250 713,813
300 Hertz Corp., Senior Notes (Callable 01/01/10 @ $104.44) (B , B1) 01 /01/14 8.875 314,250
400 Hertz Corp., Senior Subordinated Notes (Callable 01/01/11 @ $105.25) (B , B2) 01 /01/16 10.500 444,000

See Accompanying Notes to Financial Statements. 8

SEQ.=12,FOLIO='8',FILE='07-20360-8.ca',USER='whazuka',CD='Aug 29 02:48 2007'

Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

June 30, 2007 (unaudited)

Par (000) Ratings† (S&P/Moody's) Maturity Value
U.S. CORPORATE BONDS
Support - Services
$ 740 HydroChem Industrial Services, Rule 144A, Senior Subordinated Notes (Callable 02/15/09 @ $104.63) ‡ (CCC+ , Caa1) 02 /15/13 9.250 $ 765,900
250 Iron Mountain, Inc., Company Guaranteed Notes (Callable 07/01/08 @ $103.31) (B , B3) 01 /01/16 6.625 230,625
350 Iron Mountain, Inc., Company Guaranteed Notes (Callable 08/13/07 @ $102.88) (B , B3) 04 /01/13 8.625 352,625
1,100 Johnsondiversey Holdings, Inc., Global Discount Notes (Callable 08/13/07 @ $105.34) + (CCC+ , Caa1) 05 /15/13 0.000 1,144,000
475 KAR Holdings, Inc., Rule 144A, Senior Notes (Callable 05/01/10 @ $104.38) ‡ (CCC , B3) 05 /01/14 8.750 467,875
425 KAR Holdings, Inc., Rule 144A, Senior Subordinated Notes (Callable 04/01/11 @ $105.00) ‡ (CCC , Caa1) 05 /01/15 10.000 416,500
650 Mobile Services Group, Inc., Rule 144A, Senior Notes (Callable 08/01/10 @ $104.88) ‡ (B- , B3) 08 /01/14 9.750 695,500
800 Neff Corp., Rule 144A, Senior Notes (Callable 06/01/11 @ $105.00) ‡ (B- , Caa2) 06 /01/15 10.000 802,000
725 Rental Service Corp., Rule 144A, Bonds (Callable 12/01/10 @ $104.75) ‡ (B- , Caa1) 12 /01/14 9.500 743,125
1,175 Travelport LLC, Global Company Guaranteed Notes (Callable 09/01/11 @ $105.94) (CCC+ , Caa1) 09 /01/16 11.875 1,302,781
1,050 United Rentals North America, Inc., Global Senior Subordinated Notes (Callable 02/15/09 @ $103.50) § (B , B3) 02 /15/14 7.000 1,029,000
575 Varietal Distribution Merger Sub, Inc., Rule 144A, Senior Notes (Callable 07/15/11 @ $105.13) ‡ (CCC+ , Caa1) 07 /15/15 10.250 576,438
525 Williams Scotsman, Inc., Global Company Guaranteed Notes (Callable 10/01/10 @ $104.25) (B+ , B3) 10 /01/15 8.500 544,688
11,771,370
Telecom - Fixed Line (1.2%)
375 Level 3 Financing, Inc., Global Company Guaranteed Notes (Callable 11/01/10 @ $104.63) (CCC+ , B3) 11 /01/14 9.250 380,625
1,375 Level 3 Financing, Inc., Rule 144A, Senior Notes (Callable 02/15/09 @ $102.00) ‡# (CCC+ , B3) 02 /15/15 9.150 1,381,875
275 PAETEC Holding Corp., Rule 144A, Senior Notes (Callable 07/15/11 @ $104.75) ‡ (CCC+ , Caa1) 07 /15/15 9.500 275,000
500 Time Warner Telecom Holdings, Inc., Global Company Guaranteed Notes (Callable 02/15/09 @ $104.63) (CCC+ , B3) 02 /15/14 9.250 532,500
2,570,000
Telecom - Integrated/Services (2.0%)
650 Cincinnati Bell, Inc., Global Company Guaranteed Notes (Callable 01/15/09 @ $104.19) (B- , B2) 01 /15/14 8.375 659,750
425 Hawaiian Telcom Communications, Inc., Global Company Guaranteed Notes (Callable 05/01/10 @ $106.25) § (CCC , Caa1) 05 /01/15 12.500 484,500
525 Hughes Network Systems LLC, Global Company Guaranteed Notes (Callable 04/15/10 @ $104.75) (B- , B1) 04 /15/14 9.500 551,250
1,025 Qwest Communications International, Inc., Global Company Guaranteed Notes (Callable 02/15/08 @ $103.63) (B+ , Ba3) 02 /15/11 7.250 1,037,813
475 Qwest Communications International, Inc., Global Company Guaranteed Notes (Callable 02/15/09 @ $103.75) (B , Ba3) 02 /15/14 7.500 483,313
120 Qwest Corp., Global Senior Notes (BBB- , Ba1) 06 /15/15 7.625 124,500
75 Qwest Corp., Global Senior Unsecured Notes (BBB- , Ba1) 10 /01/14 7.500 77,250
225 Windstream Corp., Global Company Guaranteed Notes (BB- , Ba3) 08 /01/13 8.125 236,250
75 Windstream Corp., Global Company Guaranteed Notes (Callable 03/15/12 @ $103.50) (NR , Ba3) 03 /15/19 7.000 72,000
600 Windstream Corp., Global Company Guaranteed Notes (Callable 8/01/11 @ $104.31) (BB- , Ba3) 08 /01/16 8.625 637,500
4,364,126
Telecom - Wireless (2.0%)
375 Centennial Cellular Communications Corp., Global Company Guaranteed Notes (Callable 06/15/08 @ $105.06) (CCC , B2) 06 /15/13 10.125 404,063
925 Cricket Communications, Inc., Global Company Guaranteed Notes (Callable 11/01/10 @ $104.69) (CCC , Caa1) 11 /01/14 9.375 959,688
975 Dobson Communications Corp., Global Senior Notes (Callable 10/01/08 @ $104.44) § (CCC , Caa1) 10 /01/13 8.875 1,023,750
725 MetroPCS Wireless, Inc., Rule 144A, Senior Notes (Callable 11/01/10 @ $104.63) ‡ (CCC , Caa1) 11 /01/14 9.250 752,188
525 Rural Cellular Corp., Rule 144A, Senior Subordinated Notes (Callable 06/01/08 @ $102.00) ‡# (CCC , Caa2) 06 /01/13 8.360 525,000
625 Suncom Wireless, Inc., Global Company Guaranteed Notes (Callable 06/01/08 @ $104.25) (CCC- , Caa2) 06 /01/13 8.500 642,188
4,306,877
Theaters & Entertainment (0.7%)
775 AMC Entertainment, Inc., Global Senior Subordinated Notes (Callable 03/01/09 @ $104.00) (CCC+ , B2) 03 /01/14 8.000 763,375
750 Cinemark, Inc., Global Senior Discount Notes (Callable 03/15/09 @ $104.88) + (CCC+ , B3) 03 /15/14 0.000 686,250
1,449,625
Transportation Excluding Air/Rail (0.3%)
500 Bristow Group, Inc., Rule 144A, Senior Notes (Callable 09/15/12) @ $103.75) ‡ (BB , Ba2) 09 /15/17 7.500 503,750
195 H-Line Finance Holding Corp., Global Senior Discount Notes (Callable 04/01/08 @ $105.50) + (B , Caa1) 04 /01/13 0.000 192,075
695,825
TOTAL U.S. CORPORATE BONDS (Cost $190,832,048) 191,906,697

See Accompanying Notes to Financial Statements. 9

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Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

June 30, 2007 (unaudited)

Number of Shares
COMMON STOCKS (1.0%)
Automobile Parts & Equipment (0.0%)
774,557 Cambridge Industries Liquidating Trust ^* $ 0
1,219 Safelite Realty Corp. ^* 9,752
9,752
Chemicals (0.1%)
4,893 Huntsman Corp. 118,949
Consumer - Products (0.0%)
20,689 Indesco Liquid Dispensing Co. ^* 0
Electric - Integrated (0.3%)
14,300 Mirant Corp. * 609,895
Food - Wholesale (0.4%)
590 Crunch Equity Holdings LLC * 944,648
Gaming (0.0%)
12,000 Progressive Gaming International Corp. * 70,440
Media - Cable (0.0%)
750,000 Adelphia Recovery Trust ^* 0
Packaging (0.0%)
4 Pliant Corp. ^* 0
Printing & Publishing (0.1%)
10,652 Mail Well, Inc., Rule 144A ‡* 247,020
Restaurants (0.0%)
5 Roma Restaurant Holdings, Inc., ^* 90
Steel Producers/Products (0.1%)
2,787 WCI Steel Acquisition, Inc. * 98,939
TOTAL COMMON STOCKS (Cost $2,514,142) 2,099,733
PREFERRED STOCKS (0.0%)
Media - Cable (0.0%)
7,500 Adelphia Communications Corp., 13% cumulative Series B (Callable 07/15/07 @ $102.17) ^* (Cost $0) 0
WARRANTS (0.0%)
Building Materials (0.0%)
1,250 Dayton Superior Corp., strike price $0.01, Rule 144A, expires 06/15/09 ‡^* (Cost $25,000) 13
TOTAL U.S. SECURITIES (Cost $193,371,190) 194,006,443
Par (000) Ratings† (S&P/Moody's) Maturity Rate%
FOREIGN CORPORATE BONDS (8.8%)
Apparel/Textiles (0.1%)
$ 150 IT Holdings Finance SA, Rule 144A, Senior Notes (Luxembourg) ‡ (CCC+ , B3) 11 /15/12 9.875 220,308

See Accompanying Notes to Financial Statements. 10

SEQ.=14,FOLIO='10',FILE='07-20360-8.ca',USER='whazuka',CD='Aug 29 02:48 2007'

Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

June 30, 2007 (unaudited)

Par (000) Ratings† (S&P/Moody's) Maturity Value
FOREIGN CORPORATE BONDS
Building Materials (0.2%)
$ 750 MAAX Corp., Global Senior Subordinated Notes (Callable 06/15/08 @ $104.88) (Canada) (CC , Caa3) 06 /15/12 9.750 $ 495,000
Chemicals (0.7%)
775 Basell AF SCA, Rule 144A, Company Guaranteed Notes (Callable 08/15/10 @ $104.19) (Luxembourg) ‡ (B- , B2) 08 /15/15 8.375 745,938
850 Ineos Group Holdings PLC, Rule 144A, Senior Subordinated Notes (Callable 02/15/11 @ $104.25) (United Kingdom) ‡ (B- , B2) 02 /15/16 8.500 835,125
1,581,063
Electronics (1.1%)
300 Avago Technologies Finance PTE, Global Company Guaranteed Notes (Callable 12/01/09 @ $105.06) (Singapore) (B , B2) 12 /01/13 10.125 321,000
400 Avago Technologies Finance PTE, Global Company Guaranteed Notes (Callable 12/01/10 @ $105.94) (Singapore) § (CCC+ , Caa1) 12 /01/15 11.875 449,000
250 Magnachip Semiconductor, Senior Subordinated Notes (Callable 12/15/09 @ $104.00) (Luxembourg) (CCC+ , Caa1) 12 /15/14 8.000 183,750
1,150 NXP BV / NXP Funding LLC, Global Company Guaranteed Notes (Callable 10/15/11 @ $104.75) (Netherlands) (B+ , B2) 10 /15/15 9.500 1,138,500
225 NXP BV / NXP Funding LLC, Global Secured Notes (Callable 10/15/10 @ $103.94) (Netherlands) (BB+ , Ba2) 10 /15/14 7.875 222,750
2,315,000
Energy - Exploration & Production (0.2%)
325 OPTI Canada, Inc., Rule 144A, Company Guaranteed Notes (Callable 12/15/10 @ $104.13) (Canada) ‡ (BB+ , B1) 12 /15/14 8.250 331,500
Forestry & Paper (1.1%)
350 Abitibi-Consolidated, Inc., Global Notes (Canada) (B , B3) 06 /15/11 7.750 322,000
700 Abitibi-Consolidated, Inc., Yankee Senior Notes (Canada) (B , B3) 04 /01/15 8.375 616,000
550 Bowater Canada Finance Corp., Global Company Guaranteed Notes (Canada) (B , B3) 11 /15/11 7.950 520,438
46 Smurfit Kappa Funding PLC, Global Senior Notes (Callable 10/1/07 @ $104.81) (Ireland) (B , B2) 10 /01/12 9.625 48,415
750 Smurfit Kappa Funding PLC, Global Senior Subordinated Notes (Callable 01/31/10 @ $103.88) (Ireland) (B , B2) 04 /01/15 7.750 754,688
235 Tembec Industries, Inc., Global Company Guaranteed Notes (Canada) (CCC- , Ca) 03 /15/12 7.750 124,256
2,385,797
Health Services (0.2%)
400 FMC Finance III SA, Rule 144A, Senior Notes (Luxembourg) (BB- , Ba3) 07 /15/17 6.875 394,000
Leisure (0.3%)
750 NCL Corp., Global Senior Unsubordinated Notes (Callable 07/15/09 @ $105.31) (Bermuda) (B , B3) 07 /15/14 10.625 727,500
Media - Broadcast (0.0%)
4,600 Australis Holdings Pty. Ltd., Yankee Senior Discount Notes (Australia) ^Ø (NR , NR) 11 /01/02 15.000 0
Media - Cable (0.8%)
393 Telenet Group Holding NV, Rule 144A, Discount Notes (Callable 12/15/08 @ $105.75) (Belgium) ‡+ (CCC+ , B3) 06 /15/14 0.000 373,350
400 Unity Media GMBH, Rule 144A, Senior Notes (Callable 02/15/10 @ $105.06) ‡ (Germany) (CCC+ , Caa2) 02 /15/15 10.125 575,334
350 Virgin Media Finance PLC, Global Company Guaranteed Notes (Callable 04/15/09 @ $104.88) (United Kingdom) (B- , B2) 04 /15/14 9.750 726,800
150 Virgin Media Finance PLC, Global Company Guaranteed Notes (Callable 08/15/11 @ $104.56) (United Kingdom) (B- , B2) 08 /15/16 9.125 157,875
1,833,359
Metals & Mining Excluding Steel (0.0%)
800 International Utility Structures, Inc., Subordinated Notes (Callable 08/13/07 @ $100.00) (Canada) ^Ø (NR , NR) 02 /01/08 10.750 0
924 International Utility Structures, Inc., Yankee Senior Subordinated Notes (Callable 08/13/07 @ $100.00) (Canada) ^Ø (NR , NR) 02 /01/08 13.000 0
0
Packaging (0.2%)
227 Gerresheimer Holdings GMBH, Rule 144A, Company Guaranteed Notes (Callable 02/15/10 @ $103.94) (Germany) ‡ (B+ , B2) 03 /01/15 7.875 331,684
Pharmaceuticals (0.2%)
500 Elan Finance PLC/Elan Finance Corp., Global Company Guaranteed Notes (Callable 12/01/10 @ $104.44) (Ireland) (B , B3) 12 /01/13 8.875 525,000

See Accompanying Notes to Financial Statements. 11

SEQ.=15,FOLIO='11',FILE='07-20360-8.ca',USER='whazuka',CD='Aug 29 02:48 2007'

Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

June 30, 2007 (unaudited)

Par (000) Ratings† (S&P/Moody's) Maturity Value
FOREIGN CORPORATE BONDS
Printing & Publishing (0.3%)
$ 525 Quebecor World, Inc., Rule 144A, Senior Notes (Callable 01/15/11 @ $104.88) (Canada) ‡ (B+ , B2) 01 /15/15 9.750 $ 534,188
Support - Services (0.5%)
675 Ashtead Holdings PLC, Rule 144A, Secured Notes (Callable 08/01/10 @ $104.31) (United Kingdom) ‡ (B , B3) 08 /01/15 8.625 691,875
325 Carlson Wagonlit BV, Rule 144A, Bonds (Callable 11/01/07 @ $104.00) (Netherlands) ‡ (B- , B2) 05 /15/15 9.306 459,229
1,151,104
Telecom - Integrated/Services (2.2%)
825 Global Crossing UK Finance PLC, Global Company Guaranteed Notes (Callable 12/15/09 @ $105.38) (United Kingdom) (B- , B3) 12 /15/14 10.750 899,250
350 Hellas II, Rule 144A, Secured Notes (Callable 01/15/08 @ $102.00) (Luxembourg) ‡# (CCC+ , NR) 01 /15/15 11.110 362,250
500 Nordic Tel Co., Holdings, Rule 144A, Notes (Callable 08/13//07 @ $102.00) (Denmark) ‡# (B , B2) 05 /01/16 9.513 695,533
775 Intelsat Bermuda Ltd., Global Company Guaranteed Notes (Callable 01/15/08 @ $102.00) (Bermuda) # (B , Caa1) 01 /15/15 8.886 795,344
1,400 Intelsat Bermuda Ltd., Global Senior Unsecured Notes (Callable 06/15/11 @ $105.63) (Bermuda) (B- , Caa1) 06 /15/16 11.250 1,575,000
525 Intelsat Ltd., Global Senior Unsecured Notes (Bermuda) (B- , Caa1) 11 /01/13 6.500 423,938
4,751,315
Telecommunications Equipment (0.1%)
275 Nortel Networks Ltd., Rule 144A, Company Guaranteed Notes (Canada) ‡ (B- , B3) 07 /15/11 9.731 293,906
Transportation Excluding Air/Rail (0.6%)
1,100 Ship Finance International Ltd., Global Senior Notes (Callable 12/15/08 @ $104.25) (Bermuda) (B+ , B1) 12 /15/13 8.500 1,138,500
250 Stena AB, Global Senior Notes (Callable 12/01/09 @ $103.50) (Sweden) (BB- , Ba3) 12 /01/16 7.000 251,250
1,389,750
TOTAL FOREIGN CORPORATE BONDS (Cost $22,644,541) 19,260,474
SHORT-TERM INVESTMENTS (11.0%)
1,013,000 JP Morgan (Grand Cayman) overnight deposit (Cost $1,013,000) 07 /02/07 4.390 1,013,000
Number of Shares
23,010,634 Securities Lending Investment Fund, a series of the Brown Brothers Investment Trust §§ 23,010,634
TOTAL SHORT-TERM INVESTMENTS (Cost $24,023,634) 24,023,634
TOTAL INVESTMENTS AT VALUE (108.8%) (Cost $240,039,365) 237,290,551
LIABILITIES IN EXCESS OF OTHER ASSETS (-8.8%) (19,270,575 )
NET ASSETS (100.0%) $ 218,019,976

INVESTMENT ABBREVIATION

NR = Not Rated

† Credit ratings given by the Standard & Poor's Division of The McGraw-Hill Companies, Inc. ("S&P") and Moody's Investors Service, Inc. ("Moody's") are unaudited.

‡ Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At June 30, 2007 these securities amounted to a value of $47,922,899 or 22.0% of net assets.

^ 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.

  • Step Bond - The interest rate stated is the rate as of June 30, 2007 and will reset at a future date.

Ø Bond is currently in default.

Variable rate obligation - The interest rate shown are those in effect at June 30, 2007.

  • Non-income producing security.

§ Security or a portion therof is out on loan.

§§ Represents security purchased with cash collateral received for securities on loan.

1 Less than 1,000 par.

See Accompanying Notes to Financial Statements. 12

SEQ.=16,FOLIO='12',FILE='07-20360-8.ca',USER='whazuka',CD='Aug 29 02:48 2007'

Document name: 07-20360-8.da

Credit Suisse Asset Management Income Fund, Inc.

Statement of Assets and Liabilities

June 30, 2007 (unaudited)

Assets — Investments at value, including collateral for securities on loan of $23,010,634 (Cost $240,039,365) (Note 2) $ 237,290,551 1
Receivable for investments sold 1,365,518
Interest and dividends receivable 4,572,582
Prepaid expenses and other assets 46,084
Total Assets 243,274,735
Liabilities
Due to custodian 283,972
Investment advisory fees (Note 3) 273,662
Administrative fees (Note 3) 19,634
Payable upon return of securities loaned (Note 2) 23,010,634
Payable for investments purchased 1,483,882
Directors' fees (Note 3) 38,064
Unrealized depreciation on forward foreign currency contracts (Note 2) 10,226
Other accrued expenses payable 134,685
Total Liabilities 25,254,759
Net Assets
Applicable to 49,924,351 shares outstanding $ 218,019,976
Net Assets Consist of
Capital stock, $0.001 par value (Note 6) $ 49,918
Paid-in capital (Note 6) 386,663,507
Distributions in excess of net investment income (1,575,536 )
Accumulated net realized loss on investments and foreign currency transactions (164,369,099 )
Net unrealized depreciation on investments and foreign currency translations (2,748,814 )
Net Assets $ 218,019,976
Net Asset Value Per Share ($218,019,976 ÷ 49,924,351) $ 4.37
Market Price Per Share $ 4.29

1 Including $22,541,756 of securities on loan.

See Accompanying Notes to Financial Statements. 13

SEQ.=17,FOLIO='13',FILE='07-20360-8.da',USER='whazuka',CD='Aug 29 02:48 2007'

Credit Suisse Asset Management Income Fund, Inc.

Statement of Operations

For the Six Months Ended June 30, 2007 (unaudited)

Investment Income (Note 2) — Interest $ 9,545,332
Dividends 979
Securities lending 61,482
Total investment income 9,607,793
Expenses
Investment advisory fees (Note 3) 541,592
Administrative fees (Note 3) 47,399
Printing fees (Note 3) 92,638
Custodian fees 48,550
Directors' fees and expenses 45,621
Shareholder servicing fees 31,241
Legal fees 29,753
Audit and tax fees 22,934
Stock exchange listing fees 4,516
Miscellaneous expense 14,386
Total expenses 878,630
Net investment income 8,729,163
Net Realized and Unrealized Gain (Loss) from Investments and Foreign Currency Related Items
Net realized gain from investments 3,116,195
Net realized gain on foreign currency transactions 52,434
Net change in unrealized appreciation (depreciation) from investments (2,773,799 )
Net change in unrealized appreciation from foreign currency translations 25,180
Net realized and unrealized gain from investments and foreign currency related items 420,010
Net increase in net assets resulting from operations $ 9,149,173

See Accompanying Notes to Financial Statements. 14

SEQ.=18,FOLIO='14',FILE='07-20360-8.da',USER='whazuka',CD='Aug 29 02:48 2007'

Credit Suisse Asset Management Income Fund, Inc.

Statements of Changes in Net Assets

For the Six Months Ended June 30, 2007 (unaudited) For the Year Ended December 31, 2006
From Operations
Net investment income $ 8,729,163 $ 17,389,007
Net realized gain (loss) on investments and foreign currency transactions 3,168,629 (4,686,836 )
Net change in unrealized appreciation (depreciation) of investments and foreign currency translations (2,748,619 ) 12,037,635
Net increase in net assets resulting from operations 9,149,173 24,739,806
From Dividends
Dividends from net investment income (7,486,277 ) (19,958,235 )
Net decrease in net assets resulting from dividends (7,486,277 ) (19,958,235 )
From Capital Share Transactions (Note 6)
Reinvestment of dividends 39,256 —
Net increase in net assets from capital share transactions 39,256 —
Net increase in net assets 1,702,152 4,781,571
Net Assets
Beginning of period 216,317,824 211,536,253
End of period $ 218,019,976 $ 216,317,824
Distributions in excess of net investment income $ (1,575,536 ) $ (2,818,422 )

See Accompanying Notes to Financial Statements. 15

SEQ.=19,FOLIO='15',FILE='07-20360-8.da',USER='whazuka',CD='Aug 29 02:48 2007'

Document name: 07-20360-8.ea

Credit Suisse Asset Management Income Fund, Inc.

Financial Highlights

Per share operating performance For the Six Months Ended 6/30/07 — (unaudited)
Net asset value, beginning of period $ 4.34
INVESTMENT ACTIVITIES
Net investment income 0.17
Net realized and unrealized gain (loss) on investments and futures contracts 0.01
Total from investment activities 0.18
LESS DIVIDENDS
Net investment income (0.15 )
Return of capital —
Total dividends (0.15 )
Net asset value, end of period $ 4.37
Per share market value, end of period $ 4.29
TOTAL INVESTMENT RETURN
Net asset value 1 4.16 %
Market value 1.32 %
RATIOS AND SUPPLEMENTAL DATA
Net assets, end of period (000s omitted) $ 218,020
Ratio of expenses to average net assets including expense offsets 0.80 %*
Ratio of expenses to average net assets 0.80 %*
Ratio of net investment income to average net assets 7.98 %*
Portfolio turnover rate 25.2 %

† Calculated using the average share method.

  • Annualized.

1 Total investment return based on per share net asset value reflects the effects of change in net asset value on the performance of the Fund during each year, and assumes dividends and capital gains distributions, if any, were reinvested. These percentages are not an indication of the performance of a shareholder's investment in the Fund based on market value, due to differences between the market price of the stock and the net asset value of the Fund.

2 This amount represents less then $(0.01) per share.

3 As required, effective January 1, 2001 the Fund has adopted provisions of AICPA Audit and Accounting Guide for Investment Companies and has begun amortizing premium on debt securities. The effect of this change for the year ended December 31, 2001 was a decrease to net investment income per share by $0.004 and an increase to net realized and unrealized gains and losses per share by $0.004 and a decrease to the net ratio of net investment income to average net assets from 11.73% to 11.66%. Per share ratios and supplemental data for prior periods have not been restated to reflect this change.

4 Due to the realignment of the Fund's portfolio in connection with the combination with Credit Suisse Strategic Global Income Fund, Inc., the cost of purchases of $30,040,944 and proceeds from sales of $37,801,151 have been excluded from the Portfolio Turnover calculation.

Note: Current Year permanent book-tax differences, if any, are not included in the calculation of net investment income per share.

See Accompanying Notes to Financial Statements. 16

SEQ.=20,FOLIO='16',FILE='07-20360-8.ea',USER='whazuka',CD='Aug 29 02:48 2007'

Per share operating performance Year Ended — 12/31/06 12/31/05 12/31/04 12/31/03 12/31/02 12/31/01 3 12/31/00 12/31/99 12/31/98 12/31/97
Net asset value, beginning of period $ 4.24 $ 4.56 $ 4.41 $ 3.91 $ 4.74 $ 5.70 $ 7.34 $ 7.77 $ 8.44 $ 8.12
INVESTMENT ACTIVITIES
Net investment income 0.36 0.36 0.35 0.37 0.42 0.61 † 0.67 0.75 0.71 0.69
Net realized and unrealized gain (loss) on investments and futures contracts 0.14 (0.28 ) 0.22 0.58 (0.55 ) (0.85 ) (1.55 ) (0.46 ) (0.66 ) 0.39
Total from investment activities 0.50 0.08 0.57 0.95 (0.13 ) (0.24 ) (0.88 ) 0.29 0.05 1.08
LESS DIVIDENDS
Net investment income (0.40 ) (0.40 ) (0.40 ) (0.43 ) (0.62 ) (0.72 ) (0.76 ) (0.72 ) (0.72 ) (0.76 )
Return of capital — (0.00 ) 2 (0.02 ) (0.02 ) (0.08 ) — — — — —
Total dividends (0.40 ) (0.40 ) (0.42 ) (0.45 ) (0.70 ) (0.72 ) (0.76 ) (0.72 ) (0.72 ) (0.76 )
Net asset value, end of period $ 4.34 $ 4.24 $ 4.56 $ 4.41 $ 3.91 $ 4.74 $ 5.70 $ 7.34 $ 7.77 $ 8.44
Per share market value, end of period $ 4.38 $ 3.67 $ 4.45 $ 4.50 $ 3.88 $ 4.98 $ 5.56 $ 6.06 $ 7.56 $ 8.75
TOTAL INVESTMENT RETURN
Net asset value 1 12.73 % 1.74 % 13.55 % 24.59 % (5.26 )% (6.04 )% (12.37 )% 4.50 % 0.47 % 14.03 %
Market value 31.44 % (9.76 )% 8.60 % 28.11 % (10.52 )% 1.15 % 3.55 % (11.32 )% (5.68 )% 25.90 %
RATIOS AND SUPPLEMENTAL DATA
Net assets, end of period (000s omitted) $ 216,318 $ 211,536 $ 227,374 $ 219,864 $ 195,089 $ 236,652 $ 197,817 $ 254,857 $ 269,507 $ 291,959
Ratio of expenses to average net assets including expense offsets 0.74 % 0.82 % 0.78 % 0.78 % 0.79 % 1.07 % 0.78 % 0.78 % 0.81 % 0.84 %
Ratio of expenses to average net assets 0.74 % 0.82 % 0.78 % 0.78 % 0.79 % 1.07 % 0.78 % 0.78 % 0.81 % 0.84 %
Ratio of net investment income to average net assets 8.32 % 8.20 % 8.08 % 8.83 % 9.93 % 11.66 % 10.10 % 9.90 % 8.59 % 8.47 %
Portfolio turnover rate 58.0 % 61.5 % 57.8 % 77.8 % 61.1 % 50.1 % 4 39.1 % 43.5 % 84.7 % 97.7 %

See Accompanying Notes to Financial Statements. 17

SEQ.=21,FOLIO='17',FILE='07-20360-8.ea',USER='whazuka',CD='Aug 29 02:48 2007'

Document name: 07-20360-8.fa

Credit Suisse Asset Management Income Fund, Inc.

Notes to Financial Statements

June 30, 2007 (unaudited)

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 investment company under the Investment Company Act of 1940, as amended. The Fund's investment objective 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. Debt securities with a remaining maturity greater than 60 days are valued in accordance with the price supplied by a pricing service, which may use a matrix, formula or other objective method that takes into consideration market indices, yield curves and other specific adjustments. Debt obligations that will mature in 60 days or less are valued on the basis of amortized cost, which approximates market value, unless it is determined that using this method would not represent fair value. Equity investments are valued at market value, which is generally determined using the closing price on the exchange or market on which the security is primarily traded at the time of valuation ("Valuation Time"). If no sales are reported, equity investments are generally valued at the most recent bid quotation as of the Valuation Time or at the lowest asked quotation in the case of a short sale of securities. Investments in mutual funds are valued at the mutual fund's closing net asset value per share on the day of valuation. Securities and other assets for which market quotations are not readily available, or whose values have been materially affected by events occurring before the Fund's Valuation Time but after the close of the securities' primary markets, are valued at fair value as determined in good faith by, or under the direction of, the Board of Directors under procedures established by the Board of Directors.

The Fund may invest up to 10% of its total assets in securities which are not readily marketable, including those which are restricted as to disposition under securities law ("restricted securities") (excludes 144A securities that have been determined to be liquid under procedures established by the Board of Directors). These securities are valued pursuant to the valuation procedures noted above.

B) SECURITY TRANSACTIONS AND INVESTMENT INCOME — Security transactions are accounted for on a trade date basis. Interest income is accrued as earned. The Fund amortizes premium and accretes discount using the effective yield 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. Discount or premium on mortgage backed securities is recorded upon receipt of principal payments on the underlying mortgage pools.

C) DIVIDENDS AND DISTRIBUTIONS TO SHAREHOLDERS — Dividends from net investment income are declared and paid monthly. 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 carryover, such gain will not be distributed. Income and capital gains distributions are determined in accordance with federal income tax regulations, which may differ from generally accepted accounting principles in the United States of America ("GAAP").

D) 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 under the Internal Revenue Code of 1986, as amended, and to make the requisite distributions to its shareholders, which will be sufficient to relieve it from federal income and excise taxes.

18

SEQ.=22,FOLIO='18',FILE='07-20360-8.fa',USER='whazuka',CD='Aug 29 02:48 2007'

Credit Suisse Asset Management Income Fund, Inc.

Notes to Financial Statements (continued)

June 30, 2007 (unaudited)

E) 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 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.

F) SHORT-TERM INVESTMENTS — The Fund sweeps available cash into a short-term time deposit available through Brown Brothers Harriman & Co. ("BBH & Co"), the Fund's custodian. The short-term time deposit is a variable rate account classified as a short-term investment.

G) DELAYED DELIVERY COMMITMENTS — The Fund may purchase or sell securities on a when-issued or forward commitment basis. Payment and delivery may take place a month or more after the date of the transaction. The price of the underlying securities and the date when the securities will be delivered and paid for are fixed at the time the transaction is negotiated.

H) FUTURES CONTRACTS — The Fund may enter into futures contracts to the extent permitted by its investment policies and objectives. Upon entering into a futures contract, the Fund is required to deposit cash or pledge U.S. Government securities as initial margin. Subsequent payments, which are dependent on the daily fluctuations in the value of the underlying instrument, are made or received by the Fund each day (daily variation margin) and are recorded as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Fund records a realized gain or loss equal to the difference between the proceeds from (or cost of) the closing transactions and the Fund's basis in the contracts. Risks of entering into futures contracts for hedging purposes include the possibility that a change in the value of the contracts may not correlate with the changes in the value of the underlying instruments. In addition, the purchase of futures contracts involves the risk that the Fund could lose more than the original margin deposit and subsequent payments required for a futures transaction. At June 30, 2007, the Fund had no open futures contracts.

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 purposes. Forward foreign currency contracts are adjusted by the daily 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, 2007, the Fund had the following forward foreign currency contracts.

Forward Foreign Currency Contract Expiration Date Foreign Currency To Be Sold Contract Amount Contract Value Unrealized Loss
British Pound 9 /28/2007 £ 370,000 $ 738,624 $ 741,480 $ (2,856 )
European Economic Unit 9 /28/2007 1,880,000 $ 2,539,354 $ 2,546,723 $ (7,370 )
$ 3,277,978 $ 3,288,203 $ (10,226 )

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 invested in a variety of investments, including certain Credit Suisse advised funds, funds advised by BBH&Co., the Fund's securities lending agent, or money

19

SEQ.=23,FOLIO='19',FILE='07-20360-8.fa',USER='whazuka',CD='Aug 29 02:48 2007'

Credit Suisse Asset Management Income Fund, Inc.

Notes to Financial Statements (continued)

June 30, 2007 (unaudited)

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.

BBH&Co. has been engaged by the Fund to act as the Fund's securities lending agent. The Fund's securities lending arrangement provides that the Fund and BBH&Co. will share net income earned from the securities lending activities. During the six months ended June 30, 2007, total earnings from the Fund's investment in cash collateral received in connection with securities lending arrangements was $618,204 of which $541,351 was rebated to borrowers (brokers). The Fund retained $61,482 in income from the cash collateral investment and BBH&Co., as lending agent, was paid $15,371. The Fund may also be entitled to certain minimum amounts of income from its securities lending activities. Securities lending income is accrued as earned.

K) OTHER — The Fund may invest in securities of foreign countries and governments which involve certain risks in addition to those inherent in domestic investments. Such risks generally include, among others, currency risks (fluctuations in currency exchange rates), information risk (key information may be inaccurate or unavailable) and political risk (expropriation, nationalization or the imposition of capital or currency controls or punitive taxes). Other risks of investing in foreign securities include liquidity and valuation risks.

The Fund may be subject to taxes imposed by countries in which it invests with respect to its investments in issuers existing or operating in such countries. Such taxes are generally based on income earned or repatriated and capital gains realized on the sale of such investments. The Fund accrues such taxes when the related income is earned or gains are realized.

The Fund's investments in securities of issuers located in less developed countries considered to be "emerging markets" involve risks in addition to those generally applicable to foreign securities. Focusing on emerging (less developed) markets involves higher levels of risk, including increased currency, information, liquidity, market, political and valuation risks. Deficiencies in regulatory oversight, market infrastructure, shareholder protections and company laws could expose the Fund to operational and other risks as well. Some countries may have restrictions that could limit the Fund's access to attractive investment opportunities. Additionally, emerging markets often face serious economic problems (such as high external debt, inflation and unemployment) that could subject the portfolio to increased volatility or substantial declines in value.

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 effect 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 (to the extent the Fund invests in junk bonds) the Fund's net asset value.

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, 2007, investment advisory fees earned were $541,592.

20

SEQ.=24,FOLIO='20',FILE='07-20360-8.fa',USER='whazuka',CD='Aug 29 02:48 2007'

Credit Suisse Asset Management Income Fund, Inc.

Notes to Financial Statements (continued)

June 30, 2007 (unaudited)

Credit Suisse Asset Management Limited ("Credit Suisse U.K."), an affiliate of Credit Suisse, is sub-investment adviser to the Fund. Credit Suisse U.K.'s sub-investment advisory fees are paid by Credit Suisse out of Credit Suisse's net investment advisory fee and are not paid by the Fund.

BBH&Co. provides administrative and custodial services to the Fund. Under the Administration and Custody Agreements, BBH&Co. is paid a fee based on average net assets. For the six months ended June 30, 2007, BBH&Co. earned administrative service fees (including out-of-pocket expenses) of $47,399.

The Independent Directors receive fifty percent (50%) of their annual retainer in the form of shares purchased by the Fund's transfer agent in the open market.

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, 2007, Merrill was paid $32,779 for its services to 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 $50 million committed, unsecured line of credit facility ("Credit Facility") for temporary or emergency purposes with Deutsche Bank, A.G. as administrative agent and syndication agent and State Street Bank and Trust Company as operations agent. Under the terms of the Credit Facility, the Participating Funds pay an aggregate commitment fee at a rate of 0.10% per annum 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 the Federal Funds rate plus 0.50%. At June 30, 2007 and during the six months ended June 30, 2007, the Fund had no borrowings under the Credit Facility.

Note 5. Purchases and Sales of Securities

For the six months ended June 30, 2007, the Fund had no investments in U.S. Government and Agency Obligations. Purchases and sales of investment securities (excluding short-term investments) were $58,205,111 and $54,411,852, respectively.

At June 30, 2007, the identified cost for federal income tax purposes, as well as the gross unrealized appreciation from investments for those securities having an excess of value over cost, gross unrealized depreciation from investments for those securities having an excess of cost over value and the net unrealized depreciation from investments were $240,039,365, $6,761,243, $(9,510,057), and $(2,748,814), respectively.

Note 6. Fund Shares

The Fund has one class of shares of common stock, par value $0.001 per share; one hundred million shares are authorized. Transactions in shares of common stock were as follows:

Shares issued through reinvestment of dividends 28,763 —

21

SEQ.=25,FOLIO='21',FILE='07-20360-8.fa',USER='whazuka',CD='Aug 29 02:48 2007'

Credit Suisse Asset Management Income Fund, Inc.

Notes to Financial Statements (continued)

June 30, 2007 (unaudited)

Note 7. 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.

Note 8. Recent Accounting Pronouncements

In July 2006, the Financial Accounting Standards Board ("FASB") released FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes ("FIN 48"), an interpretation of FASB Statement No. 109. FIN 48 provides guidance for how uncertain tax positions should be recognized, measured, presented and disclosed in the financial statements. FIN 48 requires the accounting and disclosure of tax positions taken or expected to be taken in the course of preparing the Fund's tax returns to determine whether the tax positions are "more likely than not" of being sustained by the applicable tax authority. Tax positions not deemed to meet the more likely than not threshold would be recorded as a tax benefit or expense in the current year. Adoption of FIN 48 is effective during the first required financial reporting period for fiscal years beginning after December 15, 2006. Management adopted FIN 48 on June 29, 2007. There was no material impact to the financial statements or disclosures thereto as a result of the adoption of this pronouncement.

On September 20, 2006, the FASB released Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157"). FAS 157 establishes an authoritative definition of fair value, sets out a framework for measuring fair value, and requires additional disclosures about fair-value measurements. The application of FAS 157 is required for fiscal years, beginning after November 15, 2007 and interim periods within those fiscal years.

At this time, management is evaluating the implication of FAS 157 and its impact on the financial statements has not yet been determined.

22

SEQ.=26,FOLIO='22',FILE='07-20360-8.fa',USER='whazuka',CD='Aug 29 02:48 2007'

Credit Suisse Asset Management Income Fund, Inc.

Results of Annual Meeting of Shareholders (unaudited)

On April 26, 2007, the Annual Meeting of Shareholders of the Credit Suisse Asset Management Income Fund, Inc. (the "Fund") was held and the following matter was voted upon:

(1) To re-elect two directors to the Board of Directors of the Fund:

Name of Director — Enrique R. Arzac 43,946,120 704,853
Terry F. Bovarnick 43,919,587 731,386

In addition to the directors elected at the meeting, James J. Cattano, Lawrence J. Fox, Lawrence D. Haber and Steven N. Rappaport continue to serve as Directors of the Fund.

Notice is hereby given in accordance with Section 23(c) of the Investment Company Act of 1940, as amended, that the Credit Suisse Asset Management Income Fund, Inc. may from time to time purchase shares of its capital stock in the open market.

23

SEQ.=27,FOLIO='23',FILE='07-20360-8.fa',USER='whazuka',CD='Aug 29 02:48 2007'

Credit Suisse Asset Management Income Fund, Inc.

Privacy Policy Notice (unaudited)

Important Privacy Choices for Consumers

We are committed to maintaining the privacy of every current and prospective customer. We recognize that you entrust important personal information to us, and we wish to assure you that we take seriously our responsibilities in protecting and safeguarding this information.

In connection with making available investment products and services to current and potential customers, we may obtain nonpublic personal information about you. This information may include your name, address, e-mail address, social security number, account number, assets, income, financial situation, transaction history and other personal information.

We may collect nonpublic information about you from the following sources:

• Information we receive on applications, forms, questionnaires, web sites, agreements or in the course of establishing or maintaining a customer relationship; and

• Information about your transactions with us, our affiliates, or others.

We do not disclose any nonpublic personal information about our customers or former customers to anyone, except with your consent or as otherwise permitted by law.

In cases where we believe that additional products and services may be of interest to you, we may share the information described above with our affiliates.

We may also disclose this information to firms that perform services on our behalf. These agents and service providers are required to treat the information confidentially and use it only for the purpose for which it is provided.

We restrict access to nonpublic personal information about you to those employees, agents or other parties who need to know that information to provide products or services to you or in connection with your investments with or through us. We maintain physical, electronic and procedural safeguards that comply with federal standards to guard your nonpublic personal information.

Note: This Notice is provided to clients and prospective clients of Credit Suisse Asset Management, LLC, ("Credit Suisse"), and Credit Suisse Asset Management Securities, Inc., and shareholders and prospective shareholders in Credit Suisse-sponsored and advised investment companies, including Credit Suisse Funds, and other consumers and customers, as applicable. This Notice is not intended to be incorporated in any offering materials but is merely a statement of our current Privacy Policy, and may be amended from time to time upon notice to you. This Notice is dated as of May 17, 2007.

24

SEQ.=28,FOLIO='24',FILE='07-20360-8.fa',USER='whazuka',CD='Aug 29 02:48 2007'

Credit Suisse Asset Management Income Fund, Inc.

Proxy Voting and Portfolio Holdings Information (unaudited)

Information regarding how the Credit Suisse Asset Management Income Fund, Inc. (the "Fund") voted proxies related to its portfolio securities during the 12-month period ended June 30 of each year, as well as policies and procedures that the Fund uses to determine how to vote proxies relating to its portfolio securities are available:

• By calling 1-800-293-1232

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

• 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 on Form N-Q. The Fund's Forms N-Q are available on the SEC's website at www.sec.gov and may be reviewed and copied at the SEC's Public Reference Room in Washington, DC. Information on the operation of the SEC's Public Reference Room may be obtained by calling 1-202-551-8090.

25

SEQ.=29,FOLIO='25',FILE='07-20360-8.fa',USER='whazuka',CD='Aug 29 02:48 2007'

Credit Suisse Asset Management Income Fund, Inc.

Other Funds Managed by Credit Suisse Asset Management, LLC

CLOSED-END FUNDS

Single Country The Chile Fund, Inc. (AMEX: CH) The First Israel Fund, Inc. (AMEX: ISL) The Indonesia Fund, Inc. (AMEX: IF)

Multiple Country The Emerging Markets Telecommunications Fund, Inc. (AMEX: ETF) The Latin America Equity Fund, Inc. (AMEX: LAQ)

Fixed Income Credit Suisse Asset Management Income Fund, Inc. (AMEX: CIK) Credit Suisse High Yield Bond Fund (AMEX: DHY)

Literature Request — Call today for free descriptive information on the closed-end funds listed above at 1-800-293-1232 or visit our website on the Internet: www.credit-suisse.com/us.

OPEN-END FUNDS

Credit Suisse Absolute Return Fund

Credit Suisse Cash Reserve Fund

Credit Suisse Commodity Return Strategy Fund

Credit Suisse Emerging Markets Fund

Credit Suisse Global Fixed Income Fund

Credit Suisse Global Small Cap Fund

Credit Suisse High Income Fund

Credit Suisse International Focus Fund

Credit Suisse Japan Equity Fund

Credit Suisse Large Cap Blend Fund

Credit Suisse Large Cap Growth Fund

Credit Suisse Large Cap Value Fund

Credit Suisse Mid-Cap Core Fund

Credit Suisse Short Duration Bond Fund

Credit Suisse Small Cap Core Fund

Fund shares are not deposits or other obligations 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 at 800-927-2874. Performance information current to the most recent month-end is available at www.credit-suisse.com/us.

Credit Suisse Asset Management Securities, Inc., Distributor.

26

SEQ.=30,FOLIO='26',FILE='07-20360-8.fa',USER='whazuka',CD='Aug 29 02:48 2007'

CIK-SAR-0607

This report, including the financial statements herein, is sent to the shareholders of the Fund for their information. The financial information included herein is taken from the records of the Fund without examination by independent registered public accountants who do not express an opinion thereon. 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.

SEQ.=32,FOLIO='',FILE='07-20360-8.fa',USER='whazuka',CD='Aug 29 02:48 2007'

*Item 2. Code of Ethics.*

This item is inapplicable to a semi-annual report on Form N-CSR.

*Item 3. Audit Committee Financial Expert.*

This item is inapplicable to a semi-annual report on Form N-CSR.

*Item 4. Principal Accountant Fees and Services.*

This item is inapplicable to a semi-annual report on Form N-CSR.

*Item 5. Audit Committee of Listed Registrants.*

This item is inapplicable to a semi-annual report on Form N-CSR.

*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 for Closed-End Management Investment Companies.*

This item is inapplicable to a semi-annual report on Form N-CSR.

*Item 8. Portfolio Managers of Closed-End Management Investment Companies.*

This item is inapplicable to a semi-annual report on Form N-CSR.

*Item 9. Purchases of Equity Securities by Closed-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 2, 2007.

*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 Rule 30a-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 Rule 30a-3(b) under the Act and Rules 13a-15(b) or 15d-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 Rule 30a-3(d) under the Act) that occurred during the registrant’s last fiscal half-year that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

SEQ.=1,FOLIO='',FILE='C:\Fc\24193457947_P66491CHE_2381632\20360-7-ga.htm',USER='jmsproofassembler',CD='Aug 29 09:35 2007'

*Item 12. Exhibits.*

(a)(1) Not applicable.

(a)(2) The certifications of the registrant as required by Rule 30a-2(a) under the Act are exhibits to this report.

(a)(3) Not applicable.

(b) The certifications of the registrant as required by Rule 30a-2(b) under the Act are an exhibit to this report.

SEQ.=1,FOLIO='',FILE='C:\Fc\24193457947_P66491CHE_2381632\20360-7-ga.htm',USER='jmsproofassembler',CD='Aug 29 09:35 2007'

*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/Keith M. Schappert |
| Name: Keith
M. Schappert |
| Title: Chief
Executive Officer |
| Date: September
4, 2007 |

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/Keith M. Schappert
Name: Keith
M. Schappert
Title: Chief
Executive Officer
Date: September
4, 2007
/s/Michael A. Pignataro
Name: Michael A. Pignataro
Title: Chief Financial Officer
Date: September
4, 2007

SEQ.=1,FOLIO='',FILE='C:\Fc\24193543724_P66491CHE_2381632\20360-7-jc.htm',USER='jmsproofassembler',CD='Aug 29 09:35 2007'

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