Edgar Filing: CREDIT SUISSE ASSET MANAGEMENT INCOME FUND INC

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			811-05012

CREDIT SUISSE ASSET MANAGEMENT INCOME FUND, INC.
(Exact name of registrant as specified in charter)

Eleven Madison Avenue, New York, New York					10010
(Address of principal executive offices)					(Zip code)

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 31st

Date of reporting period:		January 1, 2008 to December 31, 2008

Item 1. Reports to Stockholders.

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 Cattano

Lawrence J. Fox

Steven Rappaport

Officers

George Hornig

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

Cecilia Chau

Treasurer

Investment Adviser

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

Administrator and Custodian

State Street Bank and Trust Co.
225 Franklin Street
Boston, MA 02110

Shareholder Servicing Agent

Computershare Trust Company, N.A.
P.O. Box 43078
Providence, RI 02940-3078

Legal Counsel

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

Independent Registered Public Accounting Firm

PricewaterhouseCoopers LLP
100 East Pratt St.
Baltimore, MD 21202

Credit Suisse Asset Management
Income Fund, Inc.

ANNUAL REPORT
December 31, 2008

Credit Suisse Asset Management Income Fund, Inc.

Annual Investment Adviser's Report

December 31, 2008 (unaudited)

January 30, 2009

Dear Shareholder:

Performance Summary

1/1/08 – 12/31/08

Fund & Benchmark	Performance
Total Return (based on NAV)¹		-27.78	%
Total Return (based on market value)¹		-25.25	%
Merrill Lynch US High Yield Master II Constrained Index²		-26.11	%

Market Review: Volatile Markets and Tighter Lending Standards

For the twelve months ending December 31, 2008, global financial markets remained volatile. Concerns over sub-prime mortgages and shelved leveraged buyout deals from 2007 broadened to include worry over tight credit conditions and a deteriorating macroeconomic backdrop.

The high yield market experienced significant sell-offs from September through November 2008 as financial market weakness deepened and losses were experienced across the board from equities to bonds. According to Merrill Lynch, roughly half of the global asset indexes they track posted their worst-ever returns during the month of October. Given that backdrop, Merrill Lynch US High Yield Master II Constrained Index, the Fund's benchmark, posted unprecedented total losses of -29.39% (the worst monthly returns in the history of the Index) for just the three months ended November. By mid-December, spreads on the Merrill Lynch US High Yield Master II Constrained Index reached an all-time wide of +2131 basis points versus the Treasury market. In the second half of the month, a series of government actions that included: additional rate cuts, the extension of emergency government loans to GM and Chrysler, and the Fed's approval of GMAC's application to become a bank holding company, all contributed to a reversal in credit market momentum. The ensuing rally resulted in a December gain of 7.11% for the Index — the best monthly performance in its history. However, despite the strong finish, spreads widened 1196 basis points versus the Treasury market for the twelve months ended December 31, 2008, to finish the period at +1783 basis points. For the same period, the Merrill Lynch US High Yield Master II Constrained benchmark posted returns of -26.11%.

All rating classes posted negative returns during the 12-months ending December 31, 2008, with CCC-rated securities continuing to underperform, returning -38.30% for the time period. Though BB-rated securities outperformed the broad market, this rating class still returned -19.00%.

Against this performance backdrop, a number of market indicators signaled that credit fundamentals may have peaked. Default rates, as reported by Moody's Investor Services, rose to 4.01% in December, from levels of 0.90% a year earlier. In conjunction with high yield spreads, Merrill Lynch's distress ratio (defined as a proportion of bonds trading over 1,000 bps) also rose to 82.3%. Finally, the most recent Federal Loan Officers Survey reflects continued tightening of lending standards among an increasing number of small, medium, and large companies.

Strategic Review and Outlook: Expecting Conditions to Remain Volatile for the Short-Term

For the year ended December 31, 2008, the Fund underperformed the benchmark on an NAV basis. Positive contributors to performance included an underweight in mortgage banks, and sector selection in consumer and commercial leasing, and in real estate development. Conversely, holdings in auto loans, chemicals, forestry/paper, broadcast, print-publishing and gaming hurt relative returns.

Credit Suisse Asset Management Income Fund, Inc.

Annual Investment Adviser's Report (continued)

December 31, 2008 (unaudited)

Given the volatile economic backdrop, we have continued the process, begun in 2007, of upgrading portfolio credit quality, conserving cash and opportunistically paring back exposures in riskier names. We have maintained core holdings in the more defensive industries and remain relatively constructive on several issuers in the industrial and commercial space. In contrast, we remain cautious with respect to consumer-driven and more cyclical industries, and have sought to limit exposures to these sectors.

Recent market conditions continue to be characterized by unprecedented volatility. December performance numbers highlighted the fact that high yield market valuations had reached extremely low levels with indications for default expectations of more than 20%. However, credit conditions remain tight and recent economic indicators have continued to weaken — pointing to a severe global recession. While we believe recent policy initiatives should ultimately stabilize the financial markets as well as the broader global economy, we expect conditions to stay volatile as liquidity remains limited and balance sheet repair continues. Going forward, our portfolio strategy will remain selective, paring back riskier credits where possible and emphasizing higher quality issuers.



Martha Metcalf Chief Investment Officer*				George Hornig 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 involve 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.

* 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.

** George Hornig is a Managing Director of Credit Suisse. He is the Co-Chief Operating Officer of Asset Management and Head of Asset Management Americas. Mr. Hornig has been associated with Credit Suisse since 1999.

¹ Assuming reinvestment of dividends of $0.43 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.

Credit Suisse Asset Management Income Fund, Inc.

Annual Investment Adviser's Report (continued)

December 31, 2008 (unaudited)

Top Ten Holdings

(% of net assets as of 12/31/08)

Security Description

1.	Texas Competitive Electric Holdings Co. 10.250% 11/01/15	1.79%
2.	General Motors Acceptance Corp. 7.250% 03/02/11	1.64%
3.	Sprint Nextel Corp. 6.000% 12/01/16	1.26%
4.	Intelsat Corp. 9.250% 08/15/14	1.13%
5.	Tenet Healthcare Corp. 9.875% 07/01/14	0.97%
6.	Ford Motor Credit Co. 7.000% 10/01/13	0.95%
7.	Community Health Systems, Inc 8.875% 07/15/15	0.90%
8.	HCA, Inc. 9.250% 11/15/16	0.90%
9.	El Paso Performance-Linked Trust 7.750% 07/15/11	0.80%
10.	HCA, Inc. 6.500% 02/15/16	0.79%

Credit Quality Breakdown*

(% of total investments as of 12/31/08)

S&P Ratings

BBB	2.9	%
BB	23.7
B	44.2
CCC	19.8
CC	0.2
C	0.5
D	0.3
NR	3.2
Subtotal	94.8
Equities and Other	5.2
Total	100.0	%

* Expressed as a percentage of total investments (excluding securities lending collateral if applicable) and may vary over time.

Credit Suisse Asset Management Income Fund, Inc.

Average Annual Returns

December 31, 2008 (unaudited)

	1 year			3 years			5 years			10 years
Net Asset Value (NAV)		(27.78	)%		(6.16	)%		(0.92	)%		(0.31	)%
Market Value		(25.25	)%		(4.49	)%		(3.11	)%		(0.95	)%

Credit Suisse may waive fees and/or reimburse expenses, without which performance would be lower. Waivers and/or reimbursements are subject to change and may be discontinued at any time. Returns represent past performance. Total investment return at net asset value is based on changes in the net asset value of fund shares and assumes reinvestment of dividends and distributions, if any. Total investment return at market value is based on changes in the market price at which the fund's shares traded on the stock exchange during the period and assumes reinvestment of dividends and distributions, if any, at actual prices pursuant to the fund's dividend reinvestment program. Because the fund's shares trade in the stock market based on investor demand, the fund may trade at a price higher or lower than its NAV. Therefore, returns are calculated based on share price and NAV. Past performance is no guarantee of future results. The current performance of the fund may be lower or higher than the figures shown. The fund's yield, return and market price and NAV will fluctuate. Performance information current to the most recent month-end is available by calling 800-293-1232.

The annualized gross and net expense ratios are 0.73%.

Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments

December 31, 2008

Par (000)			Ratings† (S&P/Moody's)	Maturity	Rate%		Value
U.S. CORPORATE BONDS (87.2%)
Aerospace & Defense (1.3%)
$	800	BE Aerospace, Inc., Senior Unsecured Notes (Callable 07/01/13 @ $104.25)	(BB+, Ba3)	07/01/18		8.500	$	722,000
	275	DRS Technologies, Inc., Company Guaranteed Notes (Callable 02/01/11 @ $103.81)	(BBB-, Baa1)	02/01/18		7.625		276,375
	375	Hawker Beechcraft Acquisition Co., Global Company Guaranteed Notes (Callable 04/01/11 @ $104.44)	(B-, B3)	04/01/15		8.875		129,375
	825	Hawker Beechcraft Acquisition Co., Global Company Guaranteed Notes (Callable 04/01/12 @ $104.88)	(B-, Caa1)	04/01/17		9.750		226,875
	400	TransDigm, Inc., Global Company Guaranteed Notes (Callable 07/15/09 @ $105.81)	(B-, B3)	07/15/14		7.750		330,000
								1,684,625
Agriculture (0.3%)
	500	Southern States Cooperative, Inc., Rule 144A, Senior Notes (Callable 11/01/09 @ $100.00) ‡	(B-, B3)	11/01/10		10.500		417,500
Auto Loans (4.8%)
	750	Ford Motor Credit Co. LLC, Global Senior Unsecured Notes	(CCC+, Caa1)	06/15/10		7.875		600,320
	1,725	Ford Motor Credit Co. LLC, Global Senior Unsecured Notes	(CCC+, Caa1)	10/01/13		7.000		1,192,941
	425	Ford Motor Credit Co. LLC, Senior Unsecured Notes	(CCC+, Caa1)	08/10/11		9.875		313,693
	850	Ford Motor Credit Co. LLC, Senior Unsecured Notes	(CCC+, Caa1)	12/15/16		8.000		554,367
	2,073	GMAC LLC, Rule 144A, Company Guaranteed Notes ‡	(NR, NR)	03/02/11		7.250		2,063,339
	474	GMAC LLC, Rule 144A, Company Guaranteed Notes ‡	(NR, NR)	04/01/11		6.000		436,835
	47	GMAC LLC, Rule 144A, Company Guaranteed Notes ‡	(NR, NR)	12/15/11		6.000		45,812
	65	GMAC LLC, Rule 144A, Company Guaranteed Notes ‡	(NR, NR)	12/31/13		7.500		52,245
	933	GMAC LLC, Rule 144A, Company Guaranteed Notes ‡	(NR, NR)	12/01/14		6.750		776,652
	78	GMAC LLC, Rule 144A, Subordinated Notes ‡	(NR, NR)	12/31/18		8.000		29,356
								6,065,560
Auto Parts & Equipment (2.4%)
	675	Altra Industrial Motion, Inc., Global Senior Secured Notes (Callable 12/01/09 @ $102.25)	(B+, B1)	12/01/11		9.000		641,250
	500	American Axle & Manufacturing, Inc., Company Guaranteed Notes (Callable 03/01/12 @ $103.94)	(CCC+, Caa2)	03/01/17		7.875		157,500
	800	American Tire Distributors Holdings, Inc., Global Senior Notes (Callable 04/01/09 @ $105.38)	(CCC+, Caa1)	04/01/13		10.750		604,000
	485	Lear Corp., Series B, Global Company Guaranteed Notes (Callable 12/01/10 @ $104.25)	(CCC+, Caa2)	12/01/13		8.500		152,775
	800	Stanadyne Corp., Series 1, Global Senior Subordinated Notes (Callable 08/15/09 @ $105.00)	(B-, B3)	08/15/14		10.000		548,000
	375	Tenneco, Inc., Global Company Guaranteed Notes (Callable 11/15/09 @ $104.31)	(B, B3)	11/15/14		8.625		144,375
	737	The Goodyear Tire & Rubber Co., Global Company Guaranteed Notes (Callable 07/01/10 @ $104.50)	(BB-, B1)	07/01/15		9.000		596,970
	127	Visteon Corp., Global Senior Unsecured Notes	(CCC-, Caa3)	08/01/10		8.250		40,005
	329	Visteon Corp., Rule 144A, Senior Unsecured Notes (Callable 12/31/13 @ $105.00) ‡	(CCC+, Caa2)	12/31/16		12.250		80,605
								2,965,480
Automotive (0.7%)
	1,260	Ford Motor Co., Global Senior Unsecured Notes	(CCC-, Ca)	07/16/31		7.450		359,100
	600	General Motors Corp., Global Senior Unsecured Notes	(C, C)	01/15/11		7.200		127,500
	1,750	General Motors Corp., Senior Unsecured Notes	(C, C)	07/15/13		7.125		328,125
	50	General Motors Corp., Senior Unsecured Notes	(C, C)	07/15/33		8.375		9,000
								823,725
Beverages (0.6%)
	225	Constellation Brands, Inc., Company Guaranteed Notes	(BB-, Ba3)	12/15/14		8.375		214,875
	525	Constellation Brands, Inc., Company Guaranteed Notes	(BB-, Ba3)	09/01/16		7.250		498,750
								713,625
Brokerage (0.2%)
	175	E*TRADE Financial Corp., Global Senior Notes (Callable 06/15/09 @ $102.00)	(B, B2)	06/15/11		8.000		80,500
	315	E*TRADE Financial Corp., Senior Unsecured Notes (Callable 12/01/10 @ $103.94)	(B, B2)	12/01/15		7.875		114,975
								195,475
Building & Construction (0.9%)
	900	Ashton Woods USA/Finance, Global Company Guaranteed Notes (Callable 10/01/10 @ $104.75) Ø	(D, C)	10/01/15		9.500		184,500
	500	K Hovnanian Enterprises, Inc., Global Company Guaranteed Notes	(CCC, Caa1)	01/15/16		6.250		135,000
	600	KB HOME, Company Guaranteed Notes	(BB-, Ba3)	06/15/15		6.250		369,000

See Accompanying Notes to Financial Statements.
3

Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

December 31, 2008

Par (000)			Ratings† (S&P/Moody's)	Maturity	Rate%		Value
U.S. CORPORATE BONDS
Building & Construction
$	625	Standard Pacific Corp., Global Company Guaranteed Notes	(B-, B2)	08/15/15		7.000	$	328,125
	350	William Lyon Homes, Inc., Global Company Guaranteed (Callable 12/15/09 @ 101.91)	(CCC-, Caa3)	12/15/12		7.625		92,750
	250	William Lyon Homes, Inc., Global Company Guaranteed Notes (Callable 02/15/09 @ $103.75)	(CCC-, Caa3)	02/15/14		7.500		61,250
								1,170,625
Building Materials (2.5%)
	750	Associated Materials, Inc., Global Senior Discount Notes (Callable 03/01/09 @ $105.62) +	(CCC, Caa2)	03/01/14		0.000		420,000
	575	Building Materials Corp. of America, Global Secured Notes (Callable 08/01/09 @ $103.88)	(B+, B3)	08/01/14		7.750		365,125
	725	Coleman Cable, Inc., Global Company Guaranteed Notes (Callable 10/01/09 @ $102.47)	(B+, B2)	10/01/12		9.875		461,281
	750	CPG International I, Inc., Global Company Guaranteed Notes (Callable 07/01/09 @ $105.25)	(B, B3)	07/01/13		10.500		423,750
	300	Dayton Superior Corp., Company Guaranteed Notes	(CCC-, Caa3)	06/15/09		13.000		177,750
	375	General Cable Corp., Global Company Guaranteed Notes (Callable 04/01/09 @ $102.00) #	(B+, B1)	04/01/15		6.258		177,188
	325	Norcraft Finance Corp., Global Company Guaranteed Notes (Callable 11/01/09 @ $100.00)	(B+, B1)	11/01/11		9.000		277,875
	250	Norcraft Holdings, Global Senior Discount Notes (Callable 09/01/09 @ $102.44)	(B-, B3)	09/01/12		9.750		187,500
	475	Nortek, Inc., Global Senior Subordinated Notes (Callable 09/01/09 @ $104.25)	(CCC, Caa1)	09/01/14		8.500		111,625
	750	NTK Holdings, Inc., Global Senior Discount Notes (Callable 09/01/09 @ $105.38) +	(CCC, Caa2)	03/01/14		0.000		165,000
	375	Ply Gem Industries, Inc., Global Company Guaranteed Notes (Callable 02/15/09 @ $102.25)	(CCC, Caa2)	02/15/12		9.000		91,875
	500	Ply Gem Industries, Inc., Global Senior Secured Notes (Callable 04/01/11 @ $105.88)	(B-, B2)	06/15/13		11.750		272,500
								3,131,469
Chemicals (2.8%)
	925	Chemtura Corp., Company Guaranteed Notes	(B, B2)	06/01/16		6.875		476,375
	650	Koppers Holdings, Inc., Global Senior Discount Notes (Callable 11/15/09 @ $104.94) +	(B-, B2)	11/15/14		0.000		507,000
	725	Momentive Performance Materials, Inc., Global Company Guaranteed Notes (Callable 12/01/10 @ $104.88)	(B-, B3)	12/01/14		9.750		311,750
	625	Momentive Performance Materials, Inc., Global Company Guaranteed Notes (Callable 12/01/11 @ $105.75)	(CCC, Caa2)	12/01/16		11.500		187,500
	175	Nalco Co., Global Company Guaranteed Notes (Callable 11/15/09 @ $103.00)	(BB-, B3)	11/15/13		9.000		178,795
	800	Nalco Finance Holdings, Inc., Global Senior Discounted Notes (Callable 02/01/09 @ $104.50) +	(B, B3)	02/01/14		0.000		580,000
	750	PolyOne Corp., Senior Unsecured Notes	(B, B1)	05/01/12		8.875		390,000
	750	Reichhold Industries, Inc., Rule 144A, Senior Notes (Callable 08/15/10 @ $104.50) ‡	(B-, B2)	08/15/14		9.000		498,750
	475	Terra Capital, Inc., Series B, Global Company Guaranteed Notes (Callable 02/01/12 @ $103.50)	(BB, B1)	02/01/17		7.000		351,500
								3,481,670
Computer Hardware (0.2%)
	500	Activant Solutions, Inc., Global Company Guaranteed Notes (Callable 05/01/11 @ $104.75)	(CCC+, Caa1)	05/01/16		9.500		235,000
Consumer Products (1.6%)
	650	AAC Group Holding Corp., Rule 144A, Senior Unsecured Notes (Callable 10/01/09 @ $102.56) ‡	(CCC+, Caa2)	10/01/12		10.250		432,250
	1,025	Amscan Holdings, Inc., Global Senior Subordinated Notes (Callable 05/01/09 @ $104.38)	(CCC+, Caa1)	05/01/14		8.750		604,750
	550	Jarden Corp., Company Guaranteed Notes (Callable 05/01/12 @ $103.75)	(B, B3)	05/01/17		7.500		378,125
	594	Prestige Brands, Inc., Global Senior Subordinated Notes (Callable 04/15/09 @ $102.31)	(B-, B3)	04/15/12		9.250		549,450
								1,964,575
Diversified Capital Goods (1.7%)
	575	Esco Corp., Rule 144A, Company Guaranteed Notes (Callable 12/15/09 @ $101.00) #‡	(B, B2)	12/15/13		5.871		370,875
	850	RBS Global & Rexnord Corp., Global Company Guaranteed Notes (Callable 08/01/10 @ $104.75)	(B-, B3)	08/01/14		9.500		637,500
	450	Sensus Metering Systems, Inc., Global Senior Subordinated Notes (Callable 12/15/09 @ $102.87)	(B-, B3)	12/15/13		8.625		330,750
	625	Titan International, Inc., Global Company Guaranteed Notes	(B-, Caa1)	01/15/12		8.000		465,625
	694	TriMas Corp., Global Company Guaranteed Notes (Callable 06/15/09 @ $101.65)	(B-, Caa1)	06/15/12		9.875		350,470
								2,155,220
Electric - Generation (7.7%)
	825	Dynegy Holdings, Inc., Global Senior Unsecured Notes	(B, B2)	06/01/15		7.500		581,625
	1,200	Dynegy Holdings, Inc., Global Senior Unsecured Notes	(B, B2)	05/01/16		8.375		858,000
	500	Dynegy Holdings, Inc., Global Senior Unsecured Notes	(B, B2)	06/01/19		7.750		347,500
	800	Edison Mission Energy, Global Senior Unsecured Notes	(BB-, B1)	05/15/17		7.000		700,000
	200	Edison Mission Energy, Global Senior Unsecured Notes	(BB-, B1)	05/15/19		7.200		165,000
	271	Midwest Generation LLC, Series B, Global Pass Thru Certificates	(BB+, Baa3)	01/02/16		8.560		259,101
	1,000	Mirant Americas Generation LLC, Senior Unsecured Notes	(B-, B3)	10/01/21		8.500		765,000
	268	Mirant Mid Atlantic LLC, Series B, Global Pass Thru Certificates	(BB, Ba1)	06/30/17		9.125		241,523

See Accompanying Notes to Financial Statements.
4

Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

December 31, 2008

Par (000)			Ratings† (S&P/Moody's)	Maturity	Rate%		Value
U.S. CORPORATE BONDS
Electric - Generation
$	200	NRG Energy, Inc., Company Guaranteed Notes (Callable 01/15/12 @ $103.69)	(B, B1)	01/15/17		7.375	$	184,500
	425	NRG Energy, Inc., Company Guaranteed Notes (Callable 02/01/11 @ $103.69)	(B, B1)	02/01/16		7.375		396,312
	550	Reliant Energy, Inc., Senior Unsecured Notes	(B+, B1)	06/15/14		7.625		459,250
	125	Reliant Energy, Inc., Senior Unsecured Notes	(B+, B1)	06/15/17		7.875		101,875
	3,150	Texas Competitive Electric Holdings Co. LLC, Series A, Rule 144A, Company Guaranteed Notes (Callable 11/01/11 @ $105.13) ‡+	(CCC, B3)	11/01/15		10.500		2,252,250
	1,300	Texas Competitive Electric Holdings Co. LLC, Series B, Rule 144A, Company Guaranteed Notes (Callable 11/01/11 @ $105.13) ‡+	(CCC, B3)	11/01/15		10.500		929,500
	1,150	The AES Corp., Global Senior Unsecured Notes	(BB-, B1)	10/15/17		8.000		948,750
	550	The AES Corp., Senior Unsecured Notes	(BB-, B1)	03/01/14		7.750		486,750
								9,676,936
Electric - Integrated (0.4%)
	625	PNM Resources, Inc., Unsecured Notes	(BB-, Ba2)	05/15/15		9.250		500,000
Electronics (1.8%)
	900	Amkor Technology, Inc., Global Senior Notes (Callable 05/15/09 @ $102.58)	(B+, B1)	05/15/13		7.750		516,375
	104	Ampex Corp., Rule 144A, Senior Secured Notes ^‡	(NR, NR)	09/30/09		12.000		84,541
	50	Freescale Semiconductor, Inc., Global Company Guaranteed Notes (Callable 12/15/10 @ $104.44)	(B-, B2)	12/15/14		8.875		22,250
	1,425	Freescale Semiconductor, Inc., Senior Subordinated Notes	(B-, B3)	12/15/16		10.125		591,375
	175	Jabil Circuit, Inc., Global Senior Unsecured Notes	(BB+, Ba1)	03/15/18		8.250		112,000
	675	Sanmina-SCI Corp., Global Company Guaranteed Notes (Callable 03/01/09 @ $103.38)	(B-, B3)	03/01/13		6.750		293,625
	150	Sanmina-SCI Corp., Senior Subordinated Notes (Callable 03/01/11 @ $104.06)	(B-, B3)	03/01/16		8.125		59,250
	775	Viasystems, Inc., Global Senior Unsecured Notes (Callable 01/15/09 @ $102.63)	(B+, Caa1)	01/15/11		10.500		565,750
								2,245,166
Energy - Exploration & Production (4.5%)
	750	Berry Petroleum Co., Senior Subordinated Notes (Callable 11/01/11 @ $104.13)	(B, B3)	11/01/16		8.250		408,750
	650	Chaparral Energy, Inc., Global Company Guaranteed Notes (Callable 02/01/12 @ $104.44)	(CCC, Caa3)	02/01/17		8.875		133,250
	600	Chesapeake Energy Corp., Company Guaranteed Notes	(BB, Ba3)	07/15/13		7.625		519,000
	325	Chesapeake Energy Corp., Company Guaranteed Notes	(BB, Ba3)	12/15/18		7.250		255,125
	975	Chesapeake Energy Corp., Global Company Guaranteed Notes (Callable 01/15/09 @ $103.44)	(BB, Ba3)	01/15/16		6.875		784,875
	650	Encore Acquisition Co., Company Guaranteed Notes (Callable 12/01/10 @ $103.63)	(B, B1)	12/01/17		7.250		422,500
	300	Forest Oil Corp., Rule 144A, Company Guaranteed Notes (Callable 06/15/12 @ $103.63) ‡	(B+, B1)	06/15/19		7.250		220,500
	600	Hilcorp Energy I, Rule 144A, Senior Unsecured Notes (Callable 06/01/11 @ $104.50) ‡	(BB-, B3)	06/01/16		9.000		432,000
	550	Mariner Energy, Inc., Company Guaranteed Notes (Callable 05/15/12 @ $104.00)	(B+, B3)	05/15/17		8.000		288,750
	900	Petrohawk Energy Corp., Global Company Guaranteed Notes (Callable 07/15/10 @ $104.56)	(B, B3)	07/15/13		9.125		733,500
	925	Plains Exploration & Production Co., Company Guaranteed Notes (Callable 06/15/11 @ $103.88)	(BB, B1)	06/15/15		7.750		703,000
	600	Range Resources Corp., Company Guaranteed Notes (Callable 10/01/12 @ $103.75)	(BB, Ba3)	10/01/17		7.500		513,000
	525	Swift Energy Co, Company Guaranteed Notes (Callable 06/01/12 @ $103.56)	(BB-, B1)	06/01/17		7.125		299,250
								5,713,500
Environmental (1.3%)
	975	Allied Waste North America, Inc., Global Senior Secured Notes (Callable 03/15/10 @ $103.63)	(BBB, Baa3)	03/15/15		7.250		907,849
	1,000	Waste Services, Inc., Global Senior Subordinated Notes (Callable 04/15/09 @ $104.75)	(B-, Caa1)	04/15/14		9.500		715,000
								1,622,849
Food & Drug Retailers (1.0%)
	1,200	Duane Reade, Inc., Global Company Guaranteed Notes (Callable 08/01/09 @ $102.44)	(CCC-, Caa3)	08/01/11		9.750		642,000
	50	Stater Brothers Holdings, Inc., Global Company Guaranteed Notes (Callable 04/15/11 @ $103.88)	(B+, B2)	04/15/15		7.750		42,250
	600	Stater Brothers Holdings, Inc., Global Company Guaranteed Notes (Callable 06/15/09 @ $102.03)	(B+, B2)	06/15/12		8.125		546,000
								1,230,250
Food - Wholesale (0.8%)
	450	Dole Food Co., Inc., Global Company Guaranteed Notes	(B-, Caa2)	05/01/09		8.625		409,500
	75	Dole Food Co., Inc., Global Company Guaranteed Notes (Callable 03/15/09 @ $100.00)	(B-, Caa2)	03/15/11		8.875		47,250
	900	Smithfield Foods, Inc., Senior Unsecured Notes	(B, B3)	07/01/17		7.750		517,500
								974,250

See Accompanying Notes to Financial Statements.
5

Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

December 31, 2008

Par (000)			Ratings† (S&P/Moody's)	Maturity	Rate%		Value
U.S. CORPORATE BONDS
Forestry & Paper (2.3%)
$	313	Boise Cascade LLC, Global Company Guaranteed Notes (Callable 10/15/09 @ $103.56)	(BB-, B2)	10/15/14		7.125	$	176,845
	1,075	Cellu Tissue Holdings, Inc., Global Secured Notes (Callable 03/15/09 @ $100.00)	(B, B2)	03/15/10		9.750		865,375
	600	Georgia-Pacific Corp., Debentures	(B+, B2)	06/15/15		7.700		459,000
	200	Georgia-Pacific Corp., Rule 144A, Company Guaranteed Notes (Callable 01/15/12 @ $103.56) ‡	(BB-, Ba3)	01/15/17		7.125		169,000
	525	Graphic Packaging International Corp., Global Senior Subordinated Notes (Callable 08/15/09 @ $103.17)	(B-, B3)	08/15/13		9.500		364,875
	375	Newark Group, Inc., Global Senior Subordinated Notes (Callable 03/15/09 @ $104.88)	(CCC+, Caa1)	03/15/14		9.750		37,500
	350	NewPage Corp., Global Company Guaranteed Notes (Callable 05/01/09 @ $106.00)	(B-, B2)	05/01/12		10.000		155,750
	450	NewPage Corp., Global Company Guaranteed Notes (Callable 05/01/09 @ $106.00)	(CCC+, B3)	05/01/13		12.000		130,500
	1,500	Smurfit-Stone Container Enterprises, Inc., Global Senior Unsecured Notes (Callable 07/01/09 @ $101.40)	(CCC+, Caa1)	07/01/12		8.375		255,000
	75	Verso Paper Holdings LLC, Series B, Global Senior Secured Notes (Callable 08/01/10 @ $104.56)	(B+, B2)	08/01/14		9.125		30,000
	675	Verso Paper, Inc., Series B, Global Company Guaranteed Notes (Callable 08/01/11 @ $105.69)	(CCC+, B3)	08/01/16		11.375		205,875
								2,849,720
Gaming (4.0%)
	775	Buffalo Thunder Development Authority, Rule 144A, Senior Secured Notes (Callable 12/15/10 @ $104.69) ‡	(B-, Caa3)	12/15/14		9.375		158,875
	125	Caesars Entertainment, Inc., Global Company Guaranteed Notes	(CCC, Caa3)	03/15/10		7.875		83,125
	1,325	Caesars Entertainment, Inc., Global Company Guaranteed Notes	(CCC, Caa3)	05/15/11		8.125		655,875
	775	CCM Merger, Inc., Rule 144A, Notes (Callable 08/01/09 @ $104.00) ‡	(CCC, Caa2)	08/01/13		8.000		403,000
	140	Choctaw Resort Development Enterprise, Rule 144A, Senior Notes (Callable 11/15/11 @ $103.63) ‡	(B+, B1)	11/15/19		7.250		73,500
	375	FireKeepers Development Authority, Rule 144A, Senior Secured Notes (Callable 05/01/12 @ $110.50) ‡	(B, B3)	05/01/15		13.875		234,375
	375	Fontainebleau Las Vegas Capital Corp., Rule 144A, Second Mortgage Notes (Callable 06/15/11 @ $105.13) ‡	(CCC, Caa3)	06/15/15		10.250		38,437
	125	Herbst Gaming, Inc., Global Company Guaranteed Notes (Callable 06/01/09 @ $102.03) Ø	(D, NR)	06/01/12		8.125		1,094
	475	Inn of the Mountain Gods Resort & Casino, Global Company Guaranteed Notes (Callable 11/15/09 @ $100.00)	(CCC, Caa2)	11/15/10		12.000		159,125
	825	Jacobs Entertainment, Inc., Global Company Guaranteed Notes (Callable 06/15/10 @ $104.88)	(B-, B3)	06/15/14		9.750		400,125
	625	Majestic Star Casino Capital Corp., Senior Secured Notes (Callable 10/15/09 @ $100.00) Ø	(D, Caa3)	10/15/10		9.500		178,125
	850	Mashantucket Western Pequot Tribe, Rule 144A, Bonds (Callable 11/15/11 @ $104.25) ‡	(BB-, B1)	11/15/15		8.500		337,875
	925	MGM Mirage, Inc., Company Guaranteed Notes	(BB-, Ba3)	04/01/16		6.875		589,687
	725	MGM Mirage, Inc., Company Guaranteed Notes	(BB-, Ba3)	06/01/16		7.500		463,094
	900	MGM Mirage, Inc., Company Guaranteed Notes	(BB-, Ba3)	01/15/17		7.625		585,000
	125	MGM Mirage, Inc., Global Company Guaranteed Notes	(BB-, Ba3)	04/01/13		6.750		84,375
	350	Peermont Global Proprietary Ltd., Rule 144A, Senior Secured Notes (Callable 04/30/10 @ $105.81) ‡	(B, B3)	04/30/14		7.750		260,287
	435	Tropicana Finance Corp., Global Senior Subordinated Notes (Callable 12/15/10 @ $104.81) Ø	(NR, NR)	12/15/14		9.625		6,525
	130	Trump Entertainment Resorts, Inc., Senior Secured Notes (Callable 06/01/10 @ $104.25) Ø	(D, Ca)	06/01/15		8.500		17,875
	475	Turning Stone Resort Casino Enterprise, Rule 144A, Senior Notes (Callable 09/15/10 @ $104.56) ‡	(B+, B1)	09/15/14		9.125		363,375
								5,093,749
Gas Distribution (2.8%)
	600	Amerigas Partners LP, Global Senior Unsecured Notes (Callable 05/20/10 @ $103.63)	(NR, Ba3)	05/20/15		7.250		492,000
	525	El Paso Corp., Senior Unsecured Notes	(BB-, Ba3)	06/01/18		7.250		419,303
	1,150	El Paso Performance-Linked Trust, Rule 144A, Senior Unsecured Notes ‡	(BB, Ba3)	07/15/11		7.750		1,001,363
	525	Inergy Finance Corp., Global Company Guaranteed Notes (Callable 03/01/11 @ $104.13)	(B+, B1)	03/01/16		8.250		412,125
	200	Inergy Finance Corp., Global Senior Unsecured Notes (Callable 12/15/09 @ $103.44)	(B+, B1)	12/15/14		6.875		157,000
	350	MarkWest Energy Finance Corp., Series B, Global Senior Notes (Callable 04/15/13 @ $104.38)	(B+, B2)	04/15/18		8.750		218,750
	650	Targa Resources Partners LP, Rule 144A, Senior Notes (Callable 07/01/12 @ $104.13) ‡	(B, B2)	07/01/16		8.250		406,250
	450	Williams Partners Finance Corp., Global Senior Unsecured Notes	(BBB-, Ba2)	02/01/17		7.250		356,004
								3,462,795
Health Services (8.0%)
	875	Bausch & Lomb, Inc., Rule 144A, Senior Unsecured Notes (Callable 11/01/11 @ $104.94) ‡	(B, Caa1)	11/01/15		9.875		658,437
	350	Biomet, Inc., Global Company Guaranteed Notes (Callable 10/15/12 @ $105.00)	(B-, B3)	10/15/17		10.000		337,750
	350	Biomet, Inc., Global Company Guaranteed Notes (Callable 10/15/12 @ $105.81)	(B-, Caa1)	10/15/17		11.625		301,000
	1,225	Community Health Systems, Inc., Global Company Guaranteed Notes (Callable 07/15/11 @ $104.44)	(B, B3)	07/15/15		8.875		1,133,125
	1,225	HCA, Inc., Global Secured Notes (Callable 11/15/11 @ $104.63)	(BB-, B2)	11/15/16		9.250		1,127,000
	700	HCA, Inc., Global Senior Unsecured Notes	(B-, Caa1)	01/15/15		6.375		430,500

See Accompanying Notes to Financial Statements.
6

Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

December 31, 2008

Par (000)			Ratings† (S&P/Moody's)	Maturity	Rate%		Value
U.S. CORPORATE BONDS
Health Services
$	1,600	HCA, Inc., Global Senior Unsecured Notes	(B-, Caa1)	02/15/16		6.500	$	992,000
	475	HCA, Inc., Senior Unsecured Notes	(B-, Caa1)	10/01/12		6.300		337,250
	400	HCA, Inc., Senior Unsecured Notes	(B-, Caa1)	02/15/13		6.250		252,000
	375	HCA, Inc., Senior Unsecured Notes	(B-, Caa1)	07/15/13		6.750		238,125
	625	Healthsouth Corp., Global Company Guaranteed Notes (Callable 06/15/11 @ $105.38)	(CCC+, Caa1)	06/15/16		10.750		576,563
	400	OMEGA Healthcare Investors, Inc., Global Company Guaranteed Notes (Callable 01/15/11 @ $103.50)	(BB+, Ba3)	01/15/16		7.000		302,000
	250	Service Corp International, Global Senior Notes	(BB-, B1)	06/15/17		7.000		188,750
	550	Stewart Enterprises, Inc., Global Company Guaranteed Notes (Callable 02/15/09 @ $103.13)	(BB-, Ba3)	02/15/13		6.250		429,000
	1,500	Tenet Healthcare Corp., Global Senior Unsecured Notes	(B, Caa1)	07/01/14		9.875		1,215,000
	275	Universal Hospital Services, Inc., Global Senior Secured Notes (Callable 06/01/09 @ $102.00) #	(B+, B3)	06/01/15		5.943		169,125
	225	Universal Hospital Services, Inc., Global Senior Secured Notes (Callable 06/01/11 @ $104.25)	(B+, B3)	06/01/15		8.500		160,875
	900	Vanguard Health Holding Co., Global Senior Subordinated Notes (Callable 10/01/09 @ $104.50)	(CCC+, Caa1)	10/01/14		9.000		756,000
	700	VWR Funding, Inc., Series B, Global Company Guaranteed Notes (Callable 07/15/11 @ $105.13)	(B-, Caa1)	07/15/15		10.250		444,500
								10,049,000
Hotels (0.6%)
	250	Host Hotels & Resorts LP, Global Senior Secured Notes (Callable 11/01/10 @ $103.44)	(BBB-, NR)	11/01/14		6.875		193,750
	750	Host Hotels & Resorts LP, Series Q, Global Company Guaranteed Notes (Callable 06/01/11 @ $103.33)	(BBB-, Ba1)	06/01/16		6.750		551,250
								745,000
Household & Leisure Products (0.5%)
	550	ALH Finance LLC/ALH Finance Corp., Global Senior Subordinated Notes (Callable 01/15/09 @ 104.25)	(CCC+, B3)	01/15/13		8.500		426,250
	400	Ames True Temper, Inc., Global Company Guaranteed Notes (Callable 01/15/09 @ $100.00) #	(CCC+, Caa1)	01/15/12		8.753		246,000
								672,250
lnvestments & Misc. Financial Services (0.1%)
	425	Nuveen Investments, Inc., Rule 144A, Senior Notes (Callable 11/15/11 @ $105.25) ‡	(CCC+, Caa1)	11/15/15		10.500		96,156
Leisure (0.2%)
	472	Six Flags Operations, Inc., Rule 144A, Company Guaranteed Notes (Callable 07/15/13 @ $106.12) ‡	(CCC, Caa2)	07/15/16		12.250		186,440
	600	Six Flags, Inc., Global Senior Unsecured Notes (Callable 06/01/09 @ $104.81)	(CCC-, Caa3)	06/01/14		9.625		93,000
								279,440
Machinery (0.6%)
	700	Baldor Electric Co., Company Guaranteed Notes (Callable 02/15/12 @ $104.31)	(B, B3)	02/15/17		8.625		525,000
	250	Terex Corp., Senior Subordinated Notes (Callable 11/15/12 @ $104.00)	(B+, Ba3)	11/15/17		8.000		213,750
								738,750
Media - Broadcast (1.0%)
	475	Allbritton Communications Co., Global Senior Subordinated Notes (Callable 12/15/09 @ $101.29)	(B, Caa1)	12/15/12		7.750		235,719
	975	Barrington Broadcasting Capital Corp., Global Company Guaranteed Notes (Callable 08/15/10 @ $105.25)	(CCC-, Caa3)	08/15/14		10.500		383,906
	775	Clear Channel Communications, Inc., Senior Unsecured Notes	(CCC+, Caa1)	09/15/14		5.500		96,875
	575	CMP Susquehanna Corp., Global Company Guaranteed Notes (Callable 05/15/10 @ $104.94)	(CCC, Ca)	05/15/14		9.875		25,875
	375	Fisher Communications, Inc., Global Company Guaranteed Notes (Callable 09/15/09 @ $104.31)	(B, B2)	09/15/14		8.625		290,625
	400	Local TV Finance LLC, Rule 144A, Senior Unsecured Notes (Callable 06/15/11 @ $104.63) ‡	(CCC+, Caa3)	06/15/15		9.250		90,000
	485	Univision Communications, Inc., Rule 144A, Company Guaranteed Notes (Callable 03/15/11 @ $104.88) ‡	(CCC, Caa2)	03/15/15		9.750		63,050
	925	Young Broadcasting, Inc., Global Senior Subordinated Notes (Callable 01/15/09 @ $104.38)	(CC, Ca)	01/15/14		8.750		13,875
								1,199,925
Media - Cable (5.0%)
	1,165	Atlantic Broadband Finance LLC, Global Company Guaranteed Notes (Callable 01/15/09 @ $104.69)	(CCC+, Caa1)	01/15/14		9.375		803,850
	1,250	CCH I LLC, Global Secured Notes (Callable 10/01/10 @ $105.50)	(CCC, Caa3)	10/01/15		11.000		225,000
	1,275	CCH II LLC, Series B, Global Company Guaranteed Notes (Callable 09/15/09 @ $100.00)	(CCC, Caa2)	09/15/10		10.250		567,375
	495	Charter Communications Holdings Capital, Senior Unsecured Notes	(CCC, Ca)	04/01/11		9.920		61,875
	325	Charter Communications Operating LLC, Rule 144A, Senior Secured Notes ‡	(B-, B3)	04/30/12		8.000		268,125
	825	CSC Holdings, Inc., Global Senior Unsecured Notes	(BB, B1)	04/15/12		6.750		759,000
	250	CSC Holdings, Inc., Rule 144A, Senior Unsecured Notes (Callable 06/15/12 @ $104.25) ‡	(BB, B1)	06/15/15		8.500		221,250
	430	CSC Holdings, Inc., Series B, Senior Unsecured Notes	(BB, B1)	04/01/11		7.625		407,425

See Accompanying Notes to Financial Statements.
7

Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

December 31, 2008

Par (000)			Ratings† (S&P/Moody's)	Maturity	Rate%		Value
U.S. CORPORATE BONDS
Media - Cable
$	650	DirecTV Financing Co., Global Company Guaranteed Notes (Callable 03/15/09 @ $102.79)	(BB, Ba3)	03/15/13		8.375	$	650,000
	350	DirecTV Financing Co., Global Company Guaranteed Notes (callable 05/15/12 @ $103.81)	(BB, Ba3)	05/15/16		7.625		341,250
	125	EchoStar DBS Corp., Global Company Guaranteed Notes	(BB-, Ba3)	10/01/13		7.000		109,063
	725	EchoStar DBS Corp., Global Company Guaranteed Notes	(BB-, Ba3)	10/01/14		6.625		607,187
	600	EchoStar DBS Corp., Global Company Guaranteed Notes	(BB-, Ba3)	05/31/15		7.750		513,000
	475	Mediacom Broadband Corp., Global Senior Unsecured Notes (Callable 10/15/10 @ $104.25)	(B-, B3)	10/15/15		8.500		311,719
	525	Mediacom Capital Corp., Global Senior Unsecured Notes	(B-, B3)	02/15/11		7.875		412,781
	25	Mediacom Capital Corp., Global Senior Unsecured Notes (Callable 01/15/09 @ $100.00)	(B-, B3)	01/15/13		9.500		19,000
								6,277,900
Media - Services (0.5%)
	250	Lamar Media Corp., Series C, Global Company Guaranteed Notes (Callable 08/15/10 @ $103.31)	(BB-, Ba3)	08/15/15		6.625		181,875
	750	WMG Acquisition Corp., Global Senior Subordinated Notes (Callable 04/15/09 @ $103.69)	(B, B3)	04/15/14		7.375		442,500
								624,375
Metals & Mining - Excluding Steel (1.2%)
	175	Aleris International, Inc., Global Company Guaranteed Notes (Callable 12/15/10 @ $104.50)	(CC, Caa2)	12/15/14		9.000		11,375
	675	Aleris International, Inc., Global Company Guaranteed Notes (Callable 12/15/11 @ $105.00)	(CC, Caa3)	12/15/16		10.000		113,062
	600	Freeport-McMoRan Copper & Gold, Inc., Senior Unsecured Notes (Callable 04/01/11 @ $104.13)	(BBB-, Ba2)	04/01/15		8.250		510,588
	625	Freeport-McMoRan Copper & Gold, Inc., Senior Unsecured Notes (Callable 04/01/12 @ $104.19)	(BBB-, Ba2)	04/01/17		8.375		513,210
	1,050	Noranda Aluminium Acquisition Corp., Global Company Guaranteed Notes (Callable 05/15/09 @ $101.00) #	(B-, B3)	05/15/15		6.595		362,250
								1,510,485
Non-Food & Drug Retailers (2.0%)
	525	Asbury Automotive Group, Inc., Global Company Guaranteed Notes (Callable 03/15/12 @ $103.81)	(B-, B3)	03/15/17		7.625		246,750
	825	Brookstone Company, Inc., Global Secured Notes (Callable 10/15/09 @ $106.00)	(B, Caa1)	10/15/12		12.000		474,375
	300	Michaels Stores, Inc., Global Company Guaranteed Notes (Callable 11/01/10 @ $105.00)	(CCC, Caa1)	11/01/14		10.000		138,000
	500	Michaels Stores, Inc., Global Company Guaranteed Notes (Callable 11/01/11 @ $105.69)	(CCC, Caa2)	11/01/16		11.375		165,000
	400	SGS International, Inc., Rule 144A, Global Senior Subordinated Notes (Callable 12/15/09 @ $106.00) ‡	(B-, B3)	12/15/13		12.000		202,500
	655	Susser Holdings LLC, Global Company Guaranteed Notes (Callable 12/15/09 @ $105.31)	(B+, B3)	12/15/13		10.625		576,400
	1,000	The Neiman Marcus Group, Inc., Global Company Guaranteed Notes (Callable 10/15/10 @ $105.19)	(B-, B3)	10/15/15		10.375		435,000
	50	Yankee Acquisition Corp., Series B, Global Company Guaranteed Notes (Callable 02/15/11 @ $104.25)	(B-, B3)	02/15/15		8.500		23,562
	750	Yankee Acquisition Corp., Series B, Global Company Guaranteed Notes (Callable 02/15/12 @ $104.88)	(CCC+, Caa1)	02/15/17		9.750		318,750
								2,580,337
Oil Field Equipment & Services (0.4%)
	525	Bristow Group, Inc., Global Company Guaranteed Notes (Callable 09/15/12 @ $103.75)	(BB, Ba2)	09/15/17		7.500		354,375
	300	Key Energy Services, Inc., Global Company Guaranteed Notes (Callable 12/01/11 @ $104.19)	(BB, B1)	12/01/14		8.375		199,500
								553,875
Oil Refining & Marketing (0.2%)
	350	Frontier Oil Corp., Company Guaranteed Notes (Callable 09/15/12 @ $104.25)	(BB, Ba3)	09/15/16		8.500		310,625
Packaging (1.5%)
	575	Berry Plastics Holding Corp., Global Company Guaranteed Notes (Callable 03/01/11 @ $105.13)	(CCC, Caa2)	03/01/16		10.250		207,000
	565	Berry Plastics Holding Corp., Global Senior Secured Notes (Callable 09/15/10 @ $104.44)	(CCC+, Caa1)	09/15/14		8.875		248,600
	500	Constar International, Inc., Company Guaranteed Notes (Callable 12/01/09 @ $101.83) Ø	(D, C)	12/01/12		11.000		15,000
	225	Crown Cork & Seal Co., Inc., Debentures (Callable 04/15/09 @ $101.53)	(B, B2)	04/15/23		8.000		177,750
	25	Graham Packaging Company, Inc., Global Company Guaranteed Notes (Callable 10/15/09 @ $102.13)	(CCC+, Caa1)	10/15/12		8.500		17,938
	825	Graham Packaging Company, Inc., Global Subordinated Notes (Callable 10/15/09 @ $104.94)	(CCC+, Caa1)	10/15/14		9.875		511,500
	533	Pliant Corp., Global Senior Secured Notes (Callable 06/15/09 @ $100.00)	(CCC-, NR)	06/15/09		11.850		287,795
	650	Solo Cup Co., Global Company Guaranteed Notes (Callable 02/15/09 @ $104.25)	(CCC, Caa2)	02/15/14		8.500		419,250
								1,884,833
Printing & Publishing (1.0%)
	500	Cenveo Corp., Global Senior Subordinated Notes (Callable 12/01/09 @ $102.63)	(B, B3)	12/01/13		7.875		263,750
	1,125	Idearc, Inc., Global Company Guaranteed Notes (Callable 11/15/11 @ $104.00)	(CCC, Caa2)	11/15/16		8.000		90,000
	2,000	Premier Graphics, Inc., Company Guaranteed Notes ^Ø	(NR, NR)	12/01/05		11.500		0

See Accompanying Notes to Financial Statements.
8

Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

December 31, 2008

Par (000)			Ratings† (S&P/Moody's)	Maturity	Rate%		Value
U.S. CORPORATE BONDS
Printing & Publishing
$	1,025	R.H. Donnelley, Inc., Rule 144A, Company Guaranteed Notes (Callable 05/15/12 @ $105.88) ‡	(B+, B1)	05/15/15		11.750	$	256,250
	1,215	The Reader's Digest Association, Inc., Global Company Guaranteed Notes (Callable 02/15/12 @ $104.50)	(CCC, Caa2)	02/15/17		9.000		110,869
	925	TL Acquisitions, Inc., Rule 144A, Senior Notes (Callable 07/15/11 @ $105.25) ‡	(CCC+, Caa1)	01/15/15		10.500		383,875
	525	Valassis Communications, Inc., Global Company Guaranteed Notes (Callable 03/01/11 @ $104.13)	(B-, B3)	03/01/15		8.250		139,125
								1,243,869
Railroads (0.3%)
	500	Kansas City Southern Railway, Company Guaranteed Notes (Callable 06/01/12 @ $104.00)	(BB-, B2)	06/01/15		8.000		397,500
Restaurants (0.3%)
	475	Denny's Holdings, Inc., Global Company Guaranteed Notes (Callable 10/01/09 @ $102.50)	(B-, B3)	10/01/12		10.000		331,313
Software/Services (1.2%)
	900	First Data Corp., Global Company Guaranteed Notes (Callable 09/30/11 @ $104.94)	(B, B3)	09/24/15		9.875		549,000
	1,075	SunGard Data Systems, Inc., Global Company Guaranteed Notes (Callable 08/15/10 @ $105.13)	(B-, Caa1)	08/15/15		10.250		714,875
	700	Unisys Corp., Senior Unsubordinated Notes (Callable 01/15/12 @ $106.25)	(B+, B2)	01/15/16		12.500		196,000
								1,459,875
Steel Producers/Products (1.2%)
	575	AK Steel Corp., Global Company Guaranteed Notes (Callable 06/15/09 @ $101.29)	(BB-, Ba3)	06/15/12		7.750		451,375
	800	Rathgibson, Inc., Global Company Guaranteed Notes (Callable 02/15/10 @ $105.62)	(B, B3)	02/15/14		11.250		182,000
	800	Ryerson, Inc., Rule 144A, Senior Secured Notes (Callable 11/01/11 @ $106.00) ‡	(B+, Caa1)	11/01/15		12.000		498,000
	550	Steel Dynamics, Inc., Rule 144A, Senior Notes (Callable 04/15/12 @ $103.88) ‡	(BB+, Ba2)	04/15/16		7.750		383,625
								1,515,000
Support - Services (3.9%)
	200	ARAMARK Corp., Global Company Guaranteed Notes (Callable 02/01/09 @ $102.00) #	(B, B3)	02/01/15		6.693		152,000
	450	ARAMARK Corp., Global Senior Unsecured Notes (Callable 02/01/11 @ $104.25)	(B, B3)	02/01/15		8.500		409,500
	750	Ashtead Capital, Inc., Rule 144A, Senior Secured Notes (Callable 08/15/11 @ $104.50) ‡	(B, B1)	08/15/16		9.000		390,000
	100	Education Management LLC, Global Company Guaranteed Notes (Callable 06/01/10 @ $104.38)	(CCC+, B2)	06/01/14		8.750		76,500
	675	Education Management LLC, Global Company Guaranteed Notes (Callable 06/01/11 @ $105.13)	(CCC+, Caa1)	06/01/16		10.250		492,750
	325	Hertz Corp., Global Company Guaranteed Notes (Callable 01/01/10 @ $104.44)	(B+, B1)	01/01/14		8.875		201,500
	400	Hertz Corp., Global Company Guaranteed Notes (Callable 01/01/11 @ $105.25)	(B, B2)	01/01/16		10.500		184,500
	350	Iron Mountain, Inc., Company Guaranteed Notes (Callable 04/01/09 @ $100.00)	(B+, B2)	04/01/13		8.625		330,750
	125	Iron Mountain, Inc., Company Guaranteed Notes (Callable 06/15/13 @104.00)	(B+, B2)	06/15/20		8.000		100,937
	50	Iron Mountain, Inc., Company Guaranteed Notes (Callable 07/01/09 @ $102.21)	(B+, B2)	01/01/16		6.625		40,875
	850	JohnsonDiversey Holdings, Inc., Series B, Global Discount Notes (Callable 05/15/09 @ $101.78)	(CCC+, Caa1)	05/15/13		10.670		599,250
	650	Mobile Services Group, Inc., Global Company Guaranteed Notes (Callable 08/01/10 @ $104.88)	(B+, B2)	08/01/14		9.750		464,750
	725	Rental Service Corp., Global Company Guaranteed Notes (Callable 12/01/10 @ $104.75)	(B-, Caa1)	12/01/14		9.500		402,375
	325	Sotheby's, Rule 144A, Senior Notes ‡	(BBB-, Ba3)	06/15/15		7.750		170,625
	650	Ticketmaster Entertainment,Inc., Rule 144A, Senior Notes (Callable 08/01/12 @ $105.38) ‡	(BB, Ba3)	08/01/16		10.750		354,250
	775	Travelport LLC, Global Company Guaranteed Notes (Callable 09/01/11 @ $105.94)	(CCC+, Caa1)	09/01/16		11.875		220,875
	75	United Rentals North America, Inc., Global Company Guaranteed Notes (Callable 02/15/09 @ $101.63)	(BB-, B1)	02/15/12		6.500		59,625
	500	United Rentals North America, Inc., Global Senior Subordinated Notes (Callable 02/15/09 @ $103.50)	(B, B2)	02/15/14		7.000		307,500
								4,958,562
Telecom - Integrated/Services (6.3%)
	975	Cincinnati Bell, Inc., Global Senior Subordinated Notes (Callable 01/15/09 @ $104.19)	(B-, B2)	01/15/14		8.375		755,625
	1,200	Frontier Communications Corp., Global Senior Unsecured Notes	(BB, Ba2)	03/15/15		6.625		882,000
	700	Hughes Network Systems LLC, Global Company Guaranteed Notes (Callable 04/15/10 @ $104.75)	(B, B1)	04/15/14		9.500		572,250
	1,525	Intelsat Corp., Rule 144A, Senior Unsecured Notes (Callable 08/15/09 @ $104.63) ‡	(BB-, B3)	08/15/14		9.250		1,425,875
	375	Intelsat Subsidiary Holding Co., Ltd., Rule 144A, Senior Unsecured Notes (Callable 01/15/10 @ $104.44) ‡	(BB-, B3)	01/15/15		8.875		343,125
	1,150	Level 3 Financing, Inc., Global Company Guaranteed Notes (Callable 02/17/09 @ $102.00) #	(CCC+, Caa1)	02/15/15		6.845		506,000
	525	Level 3 Financing, Inc., Global Company Guaranteed Notes (Callable 03/15/10 @ $106.13)	(CCC+, Caa1)	03/15/13		12.250		320,250
	950	Paetec Holding Corp., Series WI, Global Company Guaranteed Notes (Callable 07/15/11 @ $104.75)	(CCC+, Caa1)	07/15/15		9.500		570,000
	925	Qwest Communications International, Inc., Global Company Guaranteed Notes (Callable 02/15/09 @ $101.81)	(B+, Ba3)	02/15/11		7.250		809,375
	550	Qwest Communications International, Inc., Series B, Global Company Guaranteed Notes (Callable 02/15/09 @ $103.75)	(B+, Ba3)	02/15/14		7.500		396,000

See Accompanying Notes to Financial Statements.
9

Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

December 31, 2008

Par (000)			Ratings† (S&P/Moody's)	Maturity	Rate%		Value
U.S. CORPORATE BONDS
Telecom - Integrated/Services
$	150	Qwest Corp., Global Senior Unsecured Notes	(BBB-, Ba1)	06/15/15		7.625	$	123,750
	500	Time Warner Telecom Holdings, Inc., Global Company Guaranteed Notes (Callable 02/15/09 @ $104.62)	(CCC+, B3)	02/15/14		9.250		412,500
	225	Windstream Corp., Global Company Guaranteed Notes	(BB, Ba3)	08/01/13		8.125		208,125
	75	Windstream Corp., Global Company Guaranteed Notes (Callable 03/15/12 @ $103.50)	(BB, Ba3)	03/15/19		7.000		58,125
	675	Windstream Corp., Global Company Guaranteed Notes (Callable 08/01/11 @ $104.31)	(BB, Ba3)	08/01/16		8.625		600,750
								7,983,750
Telecom - Wireless (3.2%)
	375	Centennial Communications Corp., Global Company Guaranteed Notes (Callable 06/15/09 @ $103.38)	(B, B2)	06/15/13		10.125		380,625
	675	Cricket Communications, Inc., Global Company Guaranteed Notes (Callable 11/01/10 @ $104.69)	(B-, B3)	11/01/14		9.375		610,875
	640	MetroPCS Wireless, Inc., Global Company Guaranteed Notes (Callable 11/01/10 @ $104.63)	(B, Caa1)	11/01/14		9.250		576,000
	2,100	Nextel Communications, Inc., Series F, Company Guaranteed Notes (Callable 03/15/09 @ $102.98)	(BB, Ba2)	03/15/14		5.950		882,796
	2,250	Sprint Nextel Corp., Senior Unsecured Notes	(BB, Ba2)	12/01/16		6.000		1,588,522
								4,038,818
Textiles & Apparel (0.5%)
	825	Levi Strauss & Co., Global Senior Notes (Callable 01/15/10 @ $104.88)	(B+, B2)	01/15/15		9.750		614,625
Theaters & Entertainment (0.5%)
	1,025	AMC Entertainment, Inc., Global Senior Subordinated Notes (Callable 03/01/09 @ $104.00)	(CCC+, B2)	03/01/14		8.000		635,500
Transportation - Excluding Air/Rail (0.4%)
	900	Navios Maritime Holdings, Inc., Global Company Guaranteed Notes (Callable 12/15/10 @ $104.75)	(B+, B3)	12/15/14		9.500		504,000
TOTAL U.S. CORPORATE BONDS (Cost $173,564,554)								109,579,527
FOREIGN CORPORATE BONDS (6.4%)
Aerospace & Defense (0.3%)
	500	Bombardier, Inc., Rule 144A, Senior Unsecured Notes (Canada) ‡	(BB+, Ba2)	05/01/14		6.300		413,750
Chemicals (0.1%)
	600	Ineos Group Holdings PLC, Rule 144A, Company Guaranteed Notes (Callable 02/15/11 @ $104.25) (United Kingdom) ‡	(CC, Ca)	02/15/16		8.500		57,000
	1,000	LyondellBasell Industries AF SCA, Rule 144A, Senior Secured Notes (Callable 08/15/10 @ $104.19) (Luxembourg) ‡	(C, C)	08/15/15		8.375		30,000
								87,000
Electronics (0.8%)
	775	Avago Technologies Finance, Global Company Guaranteed Notes (Callable 12/01/10 @ $105.94) (Singapore)	(B, B3)	12/01/15		11.875		542,500
	375	Celestica, Inc., Senior Subordinated Notes (Callable 07/01/09 @ $103.81) (Canada)	(B, B3)	07/01/13		7.625		309,375
	550	NXP BV/NXP Funding LLC, Global Company Guaranteed Notes (Callable 10/15/11 @ $104.31) (Netherlands)	(CCC-, Caa3)	10/15/15		8.625		141,437
	75	NXP BV/NXP Funding LLC, Global Senior Secured Notes (Callable 10/15/10 @ $103.94) (Netherlands)	(CCC, Caa1)	10/15/14		7.875		29,625
								1,022,937
Energy - Exploration & Production (0.2%)
	550	OPTI Canada, Inc., Global Senior Secured Notes (Callable 12/15/10 @ $104.13) (Canada)	(BB, B2)	12/15/14		8.250		299,750
Forestry & Paper (0.4%)
	1,450	Abitibi-Consolidated Co. of Canada, Global Company Guaranteed Notes (Canada)	(CCC-, Caa2)	06/15/11		7.750		137,750
	750	Smurfit Kappa Funding PLC, Global Senior Subordinated Notes (Callable 01/31/10 @ $103.88) (Ireland)	(B+, B2)	04/01/15		7.750		412,500
								550,250
Gaming (0.2%)
	400	Codere Finance Luxembourg SA, Rule 144A, Senior Secured Notes (Callable 06/15/10 @ $104.13) (Luxembourg) ‡	(B+, B2)	06/15/15		8.250		275,230

See Accompanying Notes to Financial Statements.
10

Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

December 31, 2008

Par (000)			Ratings† (S&P/Moody's)	Maturity	Rate%		Value
FOREIGN CORPORATE BONDS
Media - Cable (0.8%)
$	150	NTL Cable PLC, Global Senior Notes (Callable 08/15/11 @ $104.56) (United Kingdom)	(B-, B2)	08/15/16		9.125	$	111,750
	400	Unitymedia GmbH, Rule 144A, Senior Secured Notes (Callable 02/15/10 @ $105.06) (Germany) ‡	(B, Caa1)	02/15/15		10.125		469,837
	350	Virgin Media Finance PLC, Global Company Guaranteed Notes (Callable 04/15/09 @ $104.88) (United Kingdom)	(B-, B2)	04/15/14		9.750		362,313
								943,900
Media - Diversified (0.4%)
	775	Quebecor Media, Inc., Global Senior Unsecured Notes (Callable 03/15/11 @ $103.88) (Canada)	(B, B2)	03/15/16		7.750		527,000
Oil Refining & Marketing (0.3%)
	525	Petroplus Finance, Ltd., Rule 144A, Company Guaranteed Notes (Callable 05/01/11 @ $103.38) (Bermuda) ‡	(BB-, B1)	05/01/14		6.750		336,000
	75	Petroplus Finance, Ltd., Rule 144A, Company Guaranteed Notes (Callable 05/01/12 @ $103.50) (Bermuda) ‡	(BB-, B1)	05/01/17		7.000		46,125
								382,125
Packaging (0.4%)
	240	Gerresheimer Holdings GmbH, Rule 144A, Company Guaranteed Notes (Callable 02/15/10 @ 103.94) (Germany) ‡	(BB, B1)	03/01/15		7.875		310,259
	175	Impress Holdings BV, Rule 144A, Company Guaranteed Notes (Callable 09/15/09 @ $109.25) (Netherlands) ‡	(B-, B3)	09/15/14		9.250		158,118
								468,377
Pharmaceuticals (0.3%)
	75	Elan Finance Corp., Global Company Guaranteed Notes (Callable 11/15/09 @ $101.94) (Ireland)	(B, B3)	11/15/11		7.750		44,625
	500	Elan Finance Corp., Global Company Guaranteed Notes (Callable 12/01/10 @ $104.44) (Ireland)	(B, B3)	12/01/13		8.875		262,500
								307,125
Support - Services (0.4%)
	325	Carlson Wagonlit BV, Rule 144A, Company Guaranteed Notes (Callable 11/01/09 @ $101.00) (Netherlands) #‡	(B-, B3)	05/01/15		10.544		178,447
	425	DynCorp. International, Rule 144A, Company Guaranteed Notes (Callable 02/15/09 @ $104.75) ‡	(B, B2)	02/15/13		9.500		373,469
								551,916
Telecom - Integrated/Services (1.0%)
	950	Global Crossing UK Finance, Global Company Guaranteed Notes (Callable 12/15/09 @ $105.38) (United Kingdom)	(B-, B3)	12/15/14		10.750		674,500
	350	Hellas Telecommunications II SCA, Rule 144A, Company Guaranteed Notes (Callable 01/15/09 @ $101.00) (Luxembourg) #‡	(CCC, Caa2)	01/15/15		10.503		71,750
	500	Nordic Telephone Co. Holdings ApS, Rule 144A, Senior Secured Notes (Callable 05/01/09 @ $100.00) (Denmark) #‡	(B+, B2)	05/01/16		10.294		472,617
								1,218,867
Telecommunication Services (0.1%)
	600	Nortel Networks, Ltd., Rule 144A, Company Guaranteed Notes (Callable 07/15/11 @ $105.38) (Canada) ‡	(B-, Caa2)	07/15/16		10.750		162,000
Textiles & Apparel (0.1%)
	150	IT Holding Finance SA, Rule 144A, Company Guaranteed Notes (Luxembourg) ‡	(C, Ca)	11/15/12		9.875		70,893
Transportation - Excluding Air/Rail (0.6%)
	975	Ship Finance International, Ltd., Global Company Guaranteed Notes (Callable 12/15/09 @ $102.83) (Bermuda)	(B+, B1)	12/15/13		8.500		697,125
TOTAL FOREIGN CORPORATE BONDS (Cost $15,206,033)								7,978,245

See Accompanying Notes to Financial Statements.
11

Credit Suisse Asset Management Income Fund, Inc.

Schedule of Investments (continued)

December 31, 2008

Number of Shares							Value
COMMON STOCKS (0.1%)
Automobile Parts & Equipment (0.0%)
		1,219	Safelite Realty Corp. *^				$	11,519
Chemicals (0.0%)
		4,893	Huntsman Corp.					16,832
Commingled Fund (0.0%)
		7,500	Adelphia (Escrow Holding) *^					0
		750,000	Adelphia Recovery Trust *^					0
								0
Gaming (0.0%)
		1,500	Progressive Gaming International Corp. *					137
Printing & Publishing (0.1%)
		10,652	Mail Well, Inc., Rule 144A *‡					48,147
TOTAL COMMON STOCKS (Cost $933,494)								76,635
PREFERRED STOCK (0.1%)
Diversified Financials (0.1%)
		782	Preferred Blocker, Inc., Rule 144A (Callable 12/31/11 @ $1,000) *‡ (Cost $183,869)					183,868
WARRANTS (0.0%)
Building Materials (0.0%)
		1,250	Dayton Superior Corp., Rule 144A, strike price $0.01, expires 06/15/09 *^‡ (Cost $25,000)					13
SHORT-TERM INVESTMENT (4.9%)
Par (000)				Maturity	Rate%
$	6,217	State Street Bank and Trust Co. Euro Time Deposit (Cost $6,217,000)		01/02/09		0.010		6,217,000
TOTAL INVESTMENTS AT VALUE (98.7%) (Cost $196,129,950)								124,035,288
OTHER ASSETS IN EXCESS OF LIABILITIES (1.3%)								1,652,446
NET ASSETS (100.0%)							$	125,687,734

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 December 31, 2008, these securities amounted to a value of $22,218,453 or 17.7% of net assets.

+ Step Bond - The interest rate is as of December 31, 2008 and will reset at a future date.

Ø Bond is currently in default.

* Non-income producing security.

^ 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.

# Variable rate obligations - The interest rate is the rate as of December 31, 2008.

See Accompanying Notes to Financial Statements.
12

Credit Suisse Asset Management Income Fund, Inc.

Statement of Assets and Liabilities

December 31, 2008

*Assets*
Investments at value (Cost $196,129,950) (Note 2)	$	124,035,288
Cash		109
Foreign currency at value (Cost $168,651)		163,004
Receivable for investments sold		4,329,506
Dividend and interest receivable		4,108,358
Unrealized appreciation on forward currency contracts (Note 2)		141,481
Prepaid expenses and other assets		2,926
Total Assets		132,780,672
*Liabilities*
Advisory fee payable (Note 3)		139,764
Administrative services fee payable (Note 3)		19,943
Dividend payable		3,620,558
Payable for investments purchased		3,094,332
Unrealized depreciation on forward currency contracts (Note 2)		58,360
Directors' fee payable		4,607
Other accrued expenses payable		155,374
Total Liabilities		7,092,938
*Net Assets*
Applicable to 49,938,727 shares outstanding	$	125,687,734
*Net Assets*
Capital stock, $.001 par value (Note 6)	$	49,939
Paid-in capital (Note 6)		378,175,157
Accumulated net investment loss		(3,162,198	)
Accumulated net realized loss on investments, swap contracts and foreign currency transactions		(177,359,846	)
Net unrealized depreciation on investments and foreign currency translations		(72,015,318	)
Net Assets	$	125,687,734
*Net Asset Value Per Share ($125,687,734 / 49,938,727)*	$	2.52
*Market Price Per Share*	$	2.30

See Accompanying Notes to Financial Statements.
13

Credit Suisse Asset Management Income Fund, Inc.

Statement of Operations

For the Year Ended December 31, 2008

*Investment Income* (Note 2)
Interest	$	18,128,159
Securities lending		609,416
Total investment income		18,737,575
*Expenses*
Investment advisory fees (Note 3)		769,962
Administrative services fees (Note 3)		79,264
Directors' fees		113,462
Printing fees (Note 3)		92,886
Custodian fees		54,245
Transfer agent fees		52,876
Audit and tax fees		47,887
Legal fees		43,581
Stock exchange listing fees		17,425
Insurance expense		5,571
Commitment fees (Note 4)		2,638
Miscellaneous expense		4,489
Total expenses		1,284,286
Net investment income		17,453,289
*Net Realized and Unrealized Gain (Loss) from Investments and Foreign Currency Related Items*
Net realized loss from investments		(16,711,150	)
Net realized gain from foreign currency transactions		359,674
Net change in unrealized appreciation (depreciation) from investments		(56,913,227	)
Net change in unrealized appreciation (depreciation) from foreign currency translations		136,877
Net realized and unrealized loss from investments and foreign currency related items		(73,127,826	)
*Net decrease in net assets resulting from operations*	$	(55,674,537	)

See Accompanying Notes to Financial Statements.
14

Credit Suisse Asset Management Income Fund, Inc.

Statements of Changes in Net Assets

	For the Year Ended December 31, 2008			For the Year Ended December 31, 2007
*From Operations*
Net investment income	$	17,453,289		$	18,264,125
Net realized loss from investments, swap contracts and foreign currency transactions		(16,351,476	)		(110,588	)
Net change in unrealized appreciation (depreciation) from investments and foreign currency translations		(56,776,350	)		(15,212,229	)
Net increase (decrease) in net assets resulting from operations		(55,674,537	)		2,941,308
*From Dividends*
Dividends from net investment income		(21,594,194	)		(16,472,660	)
Net decrease in net assets resulting from dividends		(21,594,194	)		(16,472,660	)
*From Capital Share Transactions* (Note 6)
Issuance of 14,376 and 0 shares through the directors compensation plan (Note 3)		42,895			—
Reinvestment of dividends		—			127,098
Net increase in net assets from capital share transactions		42,895			127,098
Net decrease in net assets		(77,225,836	)		(13,404,254	)
*Net Assets*
Beginning of year		202,913,570			216,317,824
End of year	$	125,687,734		$	202,913,570
Accumulated net investment loss	$	(3,162,198	)	$	(932,496	)

See Accompanying Notes to Financial Statements.
15

Credit Suisse Asset Management Income Fund, Inc.

Financial Highlights

	For the Year Ended
*Per share operating performance*	12/31/08			12/31/07			12/31/06			12/31/05			12/31/04
Net asset value, beginning of year	$	4.06		$	4.34		$	4.24		$	4.56		$	4.41
*INVESTMENT ACTIVITIES*
Net investment income		0.35			0.36			0.36			0.36			0.35
Net gain (loss) on investments, swap contracts, futures contracts and foreign currency related items (both realized and unrealized)		(1.46	)		(0.31	)		0.14			(0.28	)		0.22
Total from investment activities		(1.11	)		0.05			0.50			0.08			0.57
*LESS DIVIDENDS*
Dividends from net investment income		(0.43	)		(0.33	)		(0.40	)		(0.40	)		(0.40	)
Return of capital		—			—			—			(0.00	)³		(0.02	)
Total dividends and distributions		(0.43	)		(0.33	)		(0.40	)		(0.40	)		(0.42	)
*Net asset value, end of year*	$	2.52		$	4.06		$	4.34		$	4.24		$	4.56
*Per share market value, end of year*	$	2.30		$	3.58		$	4.38		$	3.67		$	4.45
*TOTAL INVESTMENT RETURN*
Net asset value⁴		(27.78	)%		1.59	%		12.73	%		1.74	%		13.55	%
Market value		(25.25	)%		(11.32	)%		31.44	%		(9.76	)%		8.60	%
*RATIOS AND SUPPLEMENTAL DATA*
Net assets, end of year (000s omitted)	$	125,688		$	202,914		$	216,318		$	211,536		$	227,374
Ratio of expenses to average net assets		0.73	%		0.78	%		0.74	%		0.82	%		0.78	%
Ratio of net investment income to average net assets		9.96	%		8.75	%		8.32	%		8.20	%		8.08	%
Portfolio turnover rate		32.1	%		49.7	%		58.0	%		61.5	%		57.8	%

¹ 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 increase to net realized and unrealized gains and losses per share by $0.004 and a decrease to the net ratio of investment income to average net assets from 11.73% to 11.66%. Per share ratio and supplemental data for prior periods have not been restated to reflect this change.

² Per share information is calculated using the average shares outstanding method.

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

⁴ 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.

⁵ 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 calculations.

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


*Per share operating performance*	12/31/03			12/31/02			12/31/01¹			12/31/00			12/31/99
Net asset value, beginning of year	$	3.91		$	4.74		$	5.70		$	7.34		$	7.77
*INVESTMENT ACTIVITIES*
Net investment income		0.37			0.42			0.61²			0.67			0.75
Net gain (loss) on investments, swap contracts, futures contracts and foreign currency related items (both realized and unrealized)		0.58			(0.55	)		(0.85	)		(1.55	)		(0.46	)
Total from investment activities		0.95			(0.13	)		(0.24	)		(0.88	)		0.29
*LESS DIVIDENDS*
Dividends from net investment income		(0.43	)		(0.62	)		(0.72	)		(0.76	)		(0.72	)
Return of capital		(0.02	)		(0.08	)		—			—			—
Total dividends and distributions		(0.45	)		(0.70	)		(0.72	)		(0.76	)		(0.72	)
*Net asset value, end of year*	$	4.41		$	3.91		$	4.74		$	5.70		$	7.34
*Per share market value, end of year*	$	4.50		$	3.88		$	4.98		$	5.56		$	6.06
*TOTAL INVESTMENT RETURN*
Net asset value⁴		24.59	%		(5.26	)%		(6.04	)%		(12.37	)%		4.50	%
Market value		28.11	%		(10.52	)%		1.15	%		3.55	%		(11.32	)%
*RATIOS AND SUPPLEMENTAL DATA*
Net assets, end of year (000s omitted)	$	219,864		$	195,089		$	236,652		$	197,817		$	254,857
Ratio of expenses to average net assets		0.78	%		0.79	%		1.07	%		0.78	%		0.78	%
Ratio of net investment income to average net assets		8.83	%		9.93	%		11.66	%		10.10	%		9.90	%
Portfolio turnover rate		77.8	%		61.1	%		50.1	%⁵		39.1	%		43.5	%

See Accompanying Notes to Financial Statements.
17

Credit Suisse Asset Management Income Fund, Inc.

Notes to Financial Statements

December 31, 2008

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 "1940 Act"). The investment objective of the Fund is to seek current income through investment primarily in debt securities.

Note 2. Significant Accounting Policies

A) SECURITY VALUATION — The net asset value of the Fund is determined daily as of the close of regular trading on the New York Stock Exchange, Inc. (the "Exchange") on each day the Exchange is open for business. 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 (the "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.

The Fund adopted Financial Accounting Standards Board Statement of Financial Accounting Standards No. 157, Fair Value Measurements ("FAS 157"), effective January 1, 2008. In accordance with FAS 157, fair value is defined as the price that the Fund would receive upon selling an investment in a timely transaction to an independent buyer in the principal or most advantageous market of the investment. FAS 157 established a three-tier hierarchy to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk, for example, the risk inherent in a particular valuation technique used to measure fair value including such a pricing model and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs are inputs that reflect the assumptions market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of the reporting entity. Unobservable inputs are inputs that reflect the reporting entity's own assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. The three-tier hierarchy of inputs is summarized in the three broad Levels listed below.

• Level 1 — quoted prices in active markets for identical investments

• Level 2 — other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 — significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)

Credit Suisse Asset Management Income Fund, Inc.

Notes to Financial Statements (continued)

December 31, 2008

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used as of December 31, 2008 in valuing the Fund's investments carried at value:

Valuation Inputs	Investments in Securities		Other Financial Instruments*
Level 1 — Quoted Prices	$	65,116	$	83,121
Level 2 — Other Significant Observable Inputs		123,874,100		—
Level 3 — Significant Unobservable Inputs		96,072		—
Total	$	124,035,288	$	83,121

* Other financial instruments include futures, forwards and swap contracts.

As of December 31, 2008, the amounts shown by the Fund as being Level 3 securities that were measured at fair value amounted to 0.08% of net assets.

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 premiums and accretes discounts 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 carryforward, such gain will not be distributed. Income and capital gain distributions are determined in accordance with federal income tax regulations, which may differ from accounting principles generally accepted in the United States of America ("GAAP").

The Fund's dividend policy is to distribute substantially all of its net investment income to its shareholders on a monthly basis. However, in order to provide shareholders with a more consistent yield to the current trading price of shares of common stock of the Fund, the Fund may at times pay out less than the entire amount of net investment income earned in any particular month and may at times in any month pay out such accumulated but undistributed income in addition to net investment income earned in that month. As a result, the dividends paid by the Fund for any particular month may be more or less than the amount of net investment income earned by the Fund during such month.

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.

During June 2006, the Financial Accounting Standards Board ("FASB") issued FASB Interpretation 48 ("FIN 48" or the "Interpretation"), Accounting for Uncertainty in Income Taxes — an interpretation of FASB statement 109. The Fund has reviewed its current tax positions and has determined that no provision for income tax is required in the Fund's financial statements. The Fund's federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

Credit Suisse Asset Management Income Fund, Inc.

Notes to Financial Statements (continued)

December 31, 2008

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

F) SHORT-TERM INVESTMENTS — The Fund, together with other funds/portfolios advised by Credit Suisse Asset Management, LLC ("Credit Suisse"), an indirect, wholly-owned subsidiary of Credit Suisse Group AG, pools available cash into either a short-term variable rate time deposit issued by State Street Bank and Trust Company ("SSB"), the Fund's custodian, or a money market fund advised by Credit Suisse. The short-term time deposit issued by SSB 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 — 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 and/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 contract. Risks of entering into futures contracts for hedging purposes include the possibility that a change in the value of the contract may not correlate with the changes in the value of the underlying instruments. In addition, the purchase of a futures contract involves the risk that the Fund could lose more than the original margin deposit and subsequent payments may be required for a futures transaction. At December 31, 2008, 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 forward exchange rate of the underlying currency and any gains or losses are recorded for financial statement purposes as unrealized until the contract settlement date or an offsetting position is entered into. At December 31, 2008, the Fund had the following open forward foreign currency contracts:

Forward Foreign Currency to be Purchased (Local)		Forward Foreign Currency to be Sold (Local)		Expiration Date	Value on Settlement Date			Current Value			Unrealized Appreciation/ (Depreciation)
Open Forward Foreign Currency Contracts with Unrealized appreciation
EUR	586,000	USD	753,432	1/9/09	$	753,432		$	814,422		$	60,990
USD	457,858	GBP	262,500	1/9/09		(457,858	)		(377,367	)		80,491
Total											$	141,481
Open Forward Foreign Currency Contracts with Unrealized depreciation
USD	3,160,414	EUR	2,316,000	1/9/09		(3,160,414	)		(3,218,774	)		(58,360	)
Total											$	(58,360	)

Currency Abbreviations:

EUR = Euro Currency

GBP = British Pound

USD = United States Dollar

Credit Suisse Asset Management Income Fund, Inc.

Notes to Financial Statements (continued)

December 31, 2008

J) SECURITIES LENDING — Loans of securities are required at all times to be secured by collateral at least equal to 102% of the market value of domestic securities on loan (including any accrued interest thereon) and 105% of the market value of foreign securities on loan (including any accrued interest thereon). Cash collateral received by the Fund in connection with securities lending activity may be pooled together with cash collateral for other funds/portfolios advised by Credit Suisse and may be invested in a variety of investments, including certain Credit Suisse-advised funds, funds advised by SSB, the Fund's securities lending agent, or money market instruments. However, in the event of default or bankruptcy by the other party to the agreement, realization and/or retention of the collateral may be subject to legal proceedings.

SSB has been engaged by the Fund to act as the Fund's securities lending agent. The Fund's securities lending arrangement provides that the Fund and SSB will share the net income earned from securities lending activities. During the year ended December 31, 2008, total earnings from the Fund's investment in cash collateral received in connection with securities lending arrangements was $1,350,434, of which $548,884 was rebated to borrowers (brokers). The Fund retained $609,416 in income from the cash collateral investment, and SSB, as lending agent, was paid $192,134. 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) CREDIT DEFAULT SWAPS — The Fund may enter into credit default swap agreements either as a buyer or seller. The Fund may buy a credit default swap to attempt to mitigate the risk of default or credit quality deterioration in one or more individual holdings or in a segment of the fixed income securities market. The Fund may sell a credit default swap in an attempt to gain exposure to an underlying issuer's credit quality characteristics without investing directly in that issuer.

The Fund bears the risk of loss of the amount expected to be received under a credit default swap agreement in the event of the default or bankruptcy of the counterparty. The Fund will enter into swap agreements only with counterparties that meet certain standards of creditworthiness (generally, such counterparties would have to be eligible counterparties under the terms of the Fund's repurchase agreement guidelines). Credit default swap agreements are generally valued at a price at which the counterparty to such agreement would terminate the agreement. At December 31, 2008, the Fund had no outstanding credit default swap contracts.

L) 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 risk (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.

Lower-rated debt securities (commonly known as "junk bonds") possess speculative characteristics and are subject to greater market fluctuations and risk of lost income and principal than higher-rated debt securities for a variety of reasons. Also, during an economic downturn or substantial period of rising interest rates, highly leveraged issuers may experience financial stress which would adversely affect their ability to service their principal and interest payment obligations, to meet projected business goals and to obtain additional financing.

In addition, periods of economic uncertainty and changes can be expected to result in increased volatility of market prices of lower-rated debt securities and (to the extent the Fund invests in junk bonds) the Fund's net asset value.

Credit Suisse Asset Management Income Fund, Inc.

Notes to Financial Statements (continued)

December 31, 2008

Note 3. Transactions with Affiliates and Related Parties

Credit Suisse serves as investment adviser for the Fund. For its investment advisory services, Credit Suisse is entitled to receive a fee from the Fund at a rate per annum, computed weekly and paid quarterly as follows: 0.50% of the lower of the weekly stock price (market value) of the Fund's outstanding shares or its average weekly net assets. For the year ended December 31, 2008, investment advisory fees earned were $769,962.

SSB serves as accounting and administrative agent to the Fund. For its administrative services, SSB receives a fee, exclusive of out-of-pocket expenses, calculated in total for all the Credit Suisse funds/portfolios co-administered by SSB and allocated based upon the relative average net assets of each fund/portfolio, subject to an annual minimum fee. For the year ended December 31, 2008, administrative services fees earned by SSB (including out-of-pocket expenses) were $79,264.

The Independent Directors receive fifty percent (50%) of their annual retainer in the form of shares. Beginning in 2008, the Independent Directors can elect to receive up to 100% of their annual retainer in shares of the Fund. Directors as a group own less than 1% of the Fund's outstanding shares.

Merrill Corporation ("Merrill"), an affiliate of Credit Suisse, has been engaged by the Fund to provide certain financial printing and fulfillment services. For the year ended December 31, 2008, Merrill was paid $42,773 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 SSB. 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 December 31, 2008, and during the year ended December 31, 2008, the Fund had no borrowings under the Credit Facility.

Note 5. Purchases and Sales of Securities

For the year ended December 31, 2008, purchases and sales of investment securities (excluding short-term investments) were $53,223,925 and $54,344,075, respectively.

Note 6. Fund Shares

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

	For the Year Ended December 31, 2008		For the Year Ended December 31, 2007
Shares issued through the directors compensation plan		14,376		—
Shares issued in reinvestment of dividends		—		28,763
Net increase		14,376		28,763

Credit Suisse Asset Management Income Fund, Inc.

Notes to Financial Statements (continued)

December 31, 2008

Note 7. Federal Income Taxes

Income and capital gain distributions are determined in accordance with federal income tax regulations, which may differ from GAAP.

The tax characteristics of dividends and distributions paid during the years ended December 31, 2008 and 2007, respectively, by the Fund were as follows:

Ordinary Income
2008		2007
$	21,594,194	$	17,921,950

The tax basis components of distributable earnings differ from the amounts reflected in the Statement of Assets and Liabilities by temporary book/tax differences. These differences are primarily due to differing treatments of losses deferred due to wash sales sales, foreign currency gain/(loss), income from defaulted bonds, mark to market of forward contracts, dividends payable and deferral of post-October losses.

At December 31, 2008, the components of distributable earnings on a tax basis were as follows:

Dividends payable	$	(2,676,737	)
Accumulated net realized loss		(172,585,583	)
Unrealized depreciation		(72,522,375	)
Deferral of post-October capital losses		(4,564,437	)
Deferral of post-October currency losses		(188,230	)
	$	(252,537,362	)

At December 31, 2008, the Fund had capital loss carryforwards available to offset possible future capital gains as follows:

Expires December 31,
2009		2010		2011		2012		2013		2014		2016
$	50,358,903	$	72,148,258	$	18,379,472	$	1,091,025	$	3,101,847	$	10,609,938	$	16,896,140

During the tax year ended December 31, 2008, the Fund did not utilize any of the capital loss carryforward.

During the tax year ended December 31, 2008, the Fund had $2,335,946 of the capital loss carryforward expire.

It is unlikely that the Fund will realize the full benefit of these losses prior to expiration.

At December 31, 2008, 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 $196,553,886, $79,134, $(72,597,732) and $(72,518,598), respectively.

At December 31, 2008, the Fund reclassified $1,911,203 to accumulated net investment loss and $424,743 to accumulated net realized loss from investments from paid in capital, to adjust for current period permanent book/tax differences which arose principally from differing book/tax treatments on sales of defaulted bonds, foreign currency gain/(loss), and expiring capital loss carryforwards. Net assets were not affected by these reclassifications.

Credit Suisse Asset Management Income Fund, Inc.

Notes to Financial Statements (continued)

December 31, 2008

Note 8. Contingencies

In the normal course of business, the Fund may provide general indemnifications pursuant to certain contracts and organizational documents. The Fund's maximum exposure under these arrangements is dependent on future claims that may be made against the Fund and, therefore, cannot be estimated; however, based on experience, the risk of loss from such claims is considered remote.

Note 9. Recent Accounting Pronouncements

In March 2008, FASB issued Statement of Financial Accounting Standards No. 161, Disclosures about Derivative Instruments and Hedging Activities ("FAS 161"), an amendment of FASB Statement No. 133. FAS 161 requires enhanced disclosures about (a) how and why an entity uses derivative instruments, (b) how derivative instruments and hedging activities are accounted for, and (c) how derivative instruments and related hedging activities affect a fund's financial position, financial performance, and cash flows. Management of the Fund does not believe the adoption of FAS 161 will materially impact the financial statement amounts, but will require additional disclosures. This will include qualitative and quantitative disclosures on derivative positions existing at period end and the effect of using derivatives during the reporting period. FAS 161 is effective for financial statements issued for fiscal years and interim periods beginning after November 15, 2008.

Credit Suisse Asset Management Income Fund, Inc.

Report of Independent Registered Public Accounting Firm

To the Board of Directors and Shareholders of
Credit Suisse Asset Management Income Fund, Inc.:

In our opinion, the accompanying statements of assets and liabilities, including the schedules of investments, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial positions of Credit Suisse Asset Management Income Fund, Inc. (the "Fund") at December 31, 2008, the results of its operations for the year then ended and the changes in its net assets and financial highlights for the periods presented, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as "financial statements") are the responsibility of the Fund's management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audit, which included confirmation of securities at December 31, 2008 by correspondence with the custodian and brokers, provides a reasonable basis for our opinion.

PricewaterhouseCoopers LLP

Baltimore, Maryland
February 24, 2009

Credit Suisse Asset Management Income Fund, Inc.

Board Consideration and Re-Approval of Investment Advisory Agreement (unaudited)

The Board of Directors (the "Board") of Credit Suisse Asset Management Income Fund, Inc. (the "Fund"), including a majority of the Directors who have no direct or indirect interest in the investment advisory agreement and are not "interested persons" of the Fund, as defined in the Investment Company Act of 1940 (the "Independent Directors"), is required annually to review and re-approve the terms of the Fund's investment advisory agreement. During the most recent six months covered by this report, the Board reviewed and re-approved an investment advisory agreement (the "Advisory Agreement") with Credit Suisse Asset Management, LLC ("Credit Suisse").

More specifically, at a meeting held on November 19-20, 2008, the Board, including the Independent Directors advised by their independent legal counsel, considered the factors and reached the conclusions described below relating to the selection of Credit Suisse and the re-approval of the Advisory Agreement.

Nature, Extent and Quality of Services

The Board received and considered various data and information regarding the nature, extent and quality of services provided to the Fund by Credit Suisse under the Advisory Agreement. The most recent investment adviser registration form for Credit Suisse was provided to the Board, as were responses of Credit Suisse to a detailed series of requests submitted by the Independent Directors' independent legal counsel on their behalf. The Board reviewed and analyzed these materials, which included, among other things, information about the background and experience of senior management and investment personnel of Credit Suisse. In this regard, the Board specifically reviewed the qualifications, background and responsibilities of the individual primarily responsible for day-to-day portfolio management services for the Fund.

In addition, the Board considered the investment and legal compliance programs of Credit Suisse, including their compliance policies and procedures and reports of the Fund's Chief Compliance Officer.

The Board also evaluated the ability of Credit Suisse, based on its resources, reputation and other attributes, to attract and retain qualified investment professionals, including research, advisory, and supervisory personnel.

Finally, the Board considered preliminary information from Credit Suisse's corporate parent about its search for a strategic partner for part of its asset management business. In reaching its determination to continue the agreements and arrangements, the Board relied upon Credit Suisse's undertaking and assurances to continue providing quality management, personnel and other resources necessary to continue providing advisory services of a nature, extent and quality at least comparable to those currently provided to the Funds.

Based on the above factors, together with those referenced below, the Board concluded that it was satisfied with the nature, extent and quality of the investment advisory services provided to the Fund by Credit Suisse.

Fund Performance and Expenses

The Board considered the performance results of the Fund in comparison to the performance of a universe of non-leveraged, closed-end high current yield funds (the "Performance Universe"). Lipper Inc. ("Lipper"), an independent provider of investment company data, determined the Performance Universe for the Fund and provided the comparative data. The Board noted that the Fund has performed better than the median in its Performance Universe for most periods.

The Board also considered information regarding the Fund's total expense ratio and its various components in comparison to expense information for a group of funds that was determined to be most similar to the Fund (the "Peer Group") and to the median expenses of a broader universe of relevant funds (the "Expense Universe"), which comparative data was provided by Lipper. The Board noted that the overall expense ratio of the Fund was

Credit Suisse Asset Management Income Fund, Inc.

Board Consideration and Re-Approval of Investment Advisory Agreement (unaudited) (continued)

lower than the median overall expense ratios of its Peer Group and Expense Universe, including and excluding investment-related expenses and taxes.

Based on the above-referenced considerations and other factors, the Board concluded that the overall performance results and expense comparisons supported the re-approval of the Advisory Agreement.

Investment Advisory Fee Rate

The Board reviewed the contractual investment advisory fee rate (the "Advisory Agreement Rate") payable by the Fund to Credit Suisse for investment advisory services. The Board noted that Credit Suisse had contractually agreed to base its current investment advisory fee upon the lower of the Fund's average weekly stock price or its average weekly net assets.

Additionally, the Board considered information comparing the Advisory Agreement Rate (both on a stand-alone basis and on a combined basis with the Fund's administration fee rate) with that of the other funds in its Peer Group and Expense Universe. The Board noted that the combined rate of investment advisory and administration fees for the Fund was lower than the median rate of the Fund's Peer Group and Expense Universe and was in fact ranked lowest in both its Peer Group and Expense Universe of six and nine funds, respectively. The Board noted that the Fund's administrator is not affiliated with Credit Suisse and that the Fund's administration agreement and corresponding fees were negotiated at arm's length. The Board concluded that these and other factors supported the Advisory Agreement Rate.

Profitability

The Board received and considered an estimated profitability analysis of Credit Suisse based on the Advisory Agreement Rate and on revenues earned from other relationships between the Fund and Credit Suisse and its affiliates. The Board concluded that, in light of the costs of providing investment management and other services to the Fund, the profits and other ancillary benefits that Credit Suisse and its affiliates derived from providing these services to the Fund were not excessive.

Economies of Scale

The Board considered information regarding whether there have been economies of scale with respect to the management of the Fund, whether the Fund has appropriately benefited from any economies of scale, and whether there is potential for realization of any further economies of scale.

The Board observed that the Advisory Agreement does not offer breakpoints, but considered the diminished impact of economies of scale in the context of closed-end funds.

Information about Services to Other Clients

The Board considered information about the nature and extent of services and fee rates offered by Credit Suisse to other clients, including other registered investment companies, separate accounts and institutional investors and investment companies to which Credit Suisse serves as an unaffiliated sub-adviser. The Board concluded that the Advisory Agreement Rate was not excessive, given the nature and extent of services offered and comparison with rates charged to other clients.

Other Benefits to Credit Suisse

The Board also considered information regarding potential "fall-out" or ancillary benefits received by Credit Suisse and its affiliates as a result of their relationship with the Fund. In particular, the Board considered that Credit Suisse may gain certain reputational benefits from managing the Fund.

Credit Suisse Asset Management Income Fund, Inc.

Board Consideration and Re-Approval of Investment Advisory Agreement (unaudited) (continued)

Other Factors and Broader Review

As discussed above, the Board reviews detailed materials received from Credit Suisse as part of the annual re-approval process. The Board also reviews and assesses the quality of the services that the Fund receives throughout the year. In this regard, the Board reviews reports of Credit Suisse at least quarterly, which include, among other things, detailed portfolio and market reviews and detailed fund performance reports.

After considering the above-described factors and based on its deliberations and its evaluation of the information provided to it, the Board concluded that re-approval of the Advisory Agreement for the Fund was in the best interest of the Fund and its shareholders. Accordingly, the Board members unanimously re-approved the Advisory Agreement.

Credit Suisse Asset Management Income Fund, Inc.

Information Concerning Directors and Officers (unaudited)

Name, Address
(Year of Birth)

Position(s)
Held with Fund

Term
of Office
and
Length
of Time
Served

Principal
Occupation(s) During
Past Five Years

Number of
Portfolios in
Fund
Complex
Overseen by
Director

Other
Directorships
Held by Director

Independent Directors

Enrique Arzac
c/o Credit Suisse Asset
Management, LLC
Attn: General Counsel
Eleven Madison Avenue
New York, New York
10010
(1941)

Chairman
of the Board of Directors;
Audit Committee Member and
Nominating
Committee
Chairman

Chairman
since
2005 and
Director since 1990; current term ends at the 2010 annual meeting

Professor of Finance and Economics, Graduate School of Business, Columbia University since 1971.

Director of Epoch Holding Corporation (an investment management and investment advisory services company); Director of The Adams Express Company (a closed-end investment company); Director of Petroleum and Resources Corporation (a closed-end investment company).

Terry Fires Bovarnick
c/o Credit Suisse Asset
Management, LLC
Attn: General Counsel
Eleven Madison Avenue
New York, New York 10010
(1958)

Director;
Audit and
Nominating
Committee
Member

Since 2006; current term ends at the 2010 annual meeting

Currently retired.

None

James Cattano
c/o Primary Resources, Inc. Executive Office
5100 Tamiami Trail N.
Naples, FL 34103
(1943)

Director; Audit and Nominating Committee Member

Since 2006; current term ends at the 2011 annual meeting

President, Primary Resouces, Inc. (an international trading and manufacturing company specializing in the sale of agricultural commodities throughout Latin American markets) since October 1996.

None

Lawrence J. Fox
One Logan Square
18th & Cherry Streets Philadelphia, Pennsylvania 19103
(1943)

Director; Audit Committee Chairman and Nominating Committee Member

Since 1990; current term ends at the 2009 annual meeting

Partner of Drinker Biddle & Reath (law firm) since 1972.

None

Steven N. Rappaport Lehigh Court, LLC
555 Madison Avenue
29th Floor
New York, New York
10022
(1948)

Director; Audit and Nominating Committee Member

Since 2005; current term ends at the 2011 annual meeting

Partner of Lehigh Court, LLC and RZ Capital (private investment firms) from July 2002 to present.

Director of iCAD, Inc. (surgical and medical instruments and apparatus company); Director of Presstek, Inc. (digital imaging technologies company); Director of Wood Resources, LLC. (plywood manufacturing company).

Credit Suisse Asset Management Income Fund, Inc.

Information Concerning Directors and Officers (unaudited) (continued)

Name, Address
(Year of Birth)

Position(s)
Held with Fund

Term
of Office
and
Length
of Time
Served

Principal Occupation(s) During Past Five Years

Officers**

George R. Hornig
Credit Suisse Asset
Management, LLC
Eleven Madison Avenue
New York, New York
10010
(1954)

Chief Executive Officer and President

Since 2008

Managing Director of Credit Suisse; Co-Chief Operating Officer of Asset Management and Head of Asset Management Americas; Associated with Credit Suisse since 1999; Officer of other Credit Suisse Funds.

Martha B. Metcalf
Credit Suisse Asset
Management, LLC
Eleven Madison Avenue
New York, New York
10010
(1965)

Chief Investment Officer

Since 2005

Managing Director of Credit Suisse; Associated with Credit Suisse since 2005; Managing Director and Portfolio Manager of Invesco from 2000 to 2005; Officer of other Credit Suisse Funds.

Emidio Morizio
Credit Suisse Asset
Management, LLC
Eleven Madison Avenue
New York, New York
10010
(1966)

Chief Compliance Officer

Since 2004

Director and Global Head of Compliance of Credit Suisse; Associated with Credit Suisse since July 2000; Officer of other Credit Suisse Funds.

Michael A. Pignataro
Credit Suisse Asset
Management, LLC
Eleven Madison Avenue
New York, New York
10010
(1959)

Chief Financial Officer

Since 1999

Director and Director of Fund Administration of Credit Suisse; Associated with Credit Suisse or its predecessor since 1984; Officer of other Credit Suisse Funds.

J. Kevin Gao
Credit Suisse Asset
Management, LLC
Eleven Madison Avenue
New York, New York
10010
(1967)

Chief Legal Officer since 2006, Vice President and Secretary since 2004

Since 2004

Director and Legal Counsel of Credit Suisse; Associated with Credit Suisse since July 2003; Associated with the law firm of Willkie Farr & Gallagher LLP from 1998 to 2003; Officer of other Credit Suisse Funds.

Cecilia Chau
Credit Suisse Asset
Management, LLC
Eleven Madison Avenue New York, New York 10010
(1973)

Treasurer

Since 2008

Assistant Vice President of Credit Suisse since June 2007; Associated with Alliance Bernstein L.P. from January 2007 to May 2007; Associated with Credit Suisse from August 2000 to December 2006; Officer of other Credit Suisse Funds.

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

Credit Suisse Asset Management Income Fund, Inc.

Proxy Voting and Portfolio Holdings Information (unaudited)

Information regarding how the Fund voted proxies related to its portfolio securities during the 12 month period ended June 30 of each year, as well as the policies and procedures that the Fund uses to determine how to vote proxies relating to its portfolio securities are available:

• By 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.

Credit Suisse Asset Management Income Fund, Inc.

Dividend Reinvestment and Cash Purchase Plan (unaudited)

Credit Suisse Asset Management Income Fund (the "Fund") offers a Dividend Reinvestment and Cash Purchase Plan (the "Plan") to its common stockholders. The Plan offers common stockholders a prompt and simple way to reinvest net investment income dividends and capital gains and other periodic distributions in shares of the Fund's common stock. Computershare Trust Company, N.A. ("Computershare") acts as Plan Agent for stockholders in administering the Plan.

Participation in the Plan is voluntary. In order to participate in the Plan, you must be a registered holder of at least one share of stock of the Fund. If you are a beneficial owner of the Fund having your shares registered in the name of a bank, broker or other nominee, you must first make arrangements with the organization in whose name your shares are registered to have the shares transferred into your own name. Registered shareholders can join the Plan via the Internet by going to www.computershare.com, authenticating your online account, agreeing to the Terms and Conditions of online "Account Access" and completing an online Plan Enrollment Form. Alternatively, you can complete the Plan Enrollment Form and return it to Computershare at the address below.

By participating in the Plan, your dividends and distributions will be promptly paid to you in additional shares of common stock of the Fund. The number of shares to be issued to you will be determined by dividing the total amount of the distribution payable to you by the greater of (i) the net asset value per share ("NAV") of the Fund's common stock on the payment date, or (ii) 95% of the market price per share of the Fund's common stock on the payment date. If the NAV of the Fund's common stock is greater than the market price (plus estimated brokerage commissions) on the payment date, then Computershare (or a broker-dealer selected by Computershare) shall endeavor to apply the amount of such distribution on your shares to purchase shares of Fund common stock in the open market.

You should be aware that all net investment income dividends and capital gain distributions are taxable to you as ordinary income and capital gain, respectively, whether received in cash or reinvested in additional shares of the Fund's common stock.

The Plan also permits participants to purchase shares of the Fund through Computershare. You may invest $100 or more monthly, with a maximum of $100,000 in any annual period. Computershare will purchase shares for you on the open market on the 25th of each month or the next trading day if the 25th is not a trading day.

There is no service fee payable by Plan participants for dividend reinvestment. For voluntary cash payments, Plan participants must pay a service fee of $5.00 per transaction. Plan participants will also be charged a pro rata share of the brokerage commissions for all open market purchases ($0.03 per share as of October 2006). Participants will also be charged a service fee of $5.00 for each sale and brokerage commissions of $0.03 per share (as of October 2006).

You may terminate your participation in the Plan at any time by requesting a certificate or a sale of your shares held in the Plan. Your withdrawal will be effective immediately if your notice is received by Computershare prior to any dividend or distribution record date; otherwise, such termination will be effective only with respect to any subsequent dividend or distribution. Your dividend participation option will remain the same unless you withdraw all of your whole and fractional Plan shares, in which case your participation in the Plan will be terminated and you will receive subsequent dividends and capital gains distributions in cash instead of shares.

Credit Suisse Asset Management Income Fund, Inc.

Dividend Reinvestment and Cash Purchase Plan (unaudited) (continued)

If you want further information about the Plan, including a brochure describing the Plan in greater detail, please contact Computershare as follows:

By Internet: www.computershare.com

By phone: (800) 730-6001 (U.S. and Canada)
(781) 575-3100 (Outside U.S. and Canada)

Customer service associates are available from 9:00 a.m. to 5:00 p.m. Eastern time, Monday through Friday

By mail:  Credit Suisse Asset Management Income Fund, Inc.
  c/o Computershare
  P.O. Box 43078
  Providence, Rhode Island 02940-3078

All notices, correspondence, questions or other communications sent by mail should be sent by registered or certified mail, return receipt requested.

The Plan may be terminated by the Fund or Computershare upon notice in writing mailed to each participant at least 30 days prior to any record date for the payment of any dividend or distribution.

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.

Credit Suisse Asset Management Income Fund, Inc.

Tax Information Letter

December 31, 2008 (unaudited)

Important Tax Information for Shareholders

In January 2009, the Fund will report on Form 1099-DIV the tax status of all distributions made during the calendar year 2008. Shareholders should use the information on Form 1099-DIV for their income tax returns.

Please consult your Tax Advisor if you have any questions concerning the above information.

Credit Suisse Asset Management Income Fund, Inc.

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 at www.credit-suisse.com/us.

OPEN-END FUNDS

Credit Suisse Commodity Return Strategy 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 Large Cap Blend Fund

Credit Suisse Large Cap Growth Fund

Credit Suisse Large Cap Value Fund

Credit Suisse Mid-Cap Core Fund

Credit Suisse Small Cap Core Fund

Fund shares are not deposits or other obligation of Credit Suisse Asset Management, LLC or any affiliate, are not FDIC-insured and are not guaranteed by Credit Suisse Asset Management, LLC or any affiliate. Fund investments are subject to investment risks, including loss of your investment. There are special risk considerations associated with international, global, emerging-market, 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.

This report, including the financial statements herein, is sent to the shareholders of the Fund for their information. It is not a prospectus, circular or representation intended for use in the purchase or sale of shares of the Fund or of any securities mentioned in this report.

CIK-AR-1208

Item 2. Code of Ethics.

The registrant has adopted a code of ethics applicable to its Chief Executive Officer, President, Chief Financial Officer and Chief Accounting Officer, or persons performing similar functions. A copy of the code is filed as Exhibit 12(a)(1) to this Form. There were no amendments to the code during the fiscal year ended December 31, 2008. There were no waivers or implicit waivers from the code granted by the registrant during the fiscal year ended December 31, 2008.

Item 3. Audit Committee Financial Expert.

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

Item 4. Principal Accountant Fees and Services.

(a) through (d). The information in the table below is provided for services rendered to the registrant by its independent registered public accounting firm, PricewaterhouseCoopers LLP (“PwC”), for its fiscal years ended December 31, 2007 and December 31, 2008.

	2007		2008
Audit Fees	$	41,700	$	42,530
Audit-Related Fees(1)	$	3,340	$	3,400
Tax Fees(2)	$	2,580	$	2,630
All Other Fees	—		—
Total	$	47,620	$	48,560

(1) Services include agreed-upon procedures in connection with the registrant’s semi-annual financial statements ($3,340 in 2007 and $3,400 in 2008).

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

The information in the table below is provided with respect to non-audit services that directly relate to the registrant’s operations and financial reporting and that were rendered by PwC to the registrant’s investment adviser, Credit Suisse Asset Management, LLC (“Credit Suisse”), and any service provider to the registrant controlling, controlled by or under common control with Credit Suisse that provided ongoing services to the registrant (“Covered Services Provider”), for the registrant’s fiscal years ended December 31, 2007 and December 31, 2008.

	2007	2008
Audit-Related Fees	N/A	N/A
Tax Fees	N/A	N/A
All Other Fees	N/A	N/A
Total	N/A	N/A

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

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

	2007	2008
Audit-Related Fees	N/A	N/A
Tax Fees	N/A	N/A
All Other Fees	N/A	N/A
Total	N/A	N/A

The information in the table below sets forth the percentages of fees for services (other than audit, review or attest services) rendered by PwC to Credit Suisse and any Covered Services Provider required to be approved pursuant to Rule 2-01(c)(7)(ii)of Regulation S-X, for the registrant’s fiscal years ended December 31, 2007 and December 31, 2008:

	2007	2008
Audit-Related Fees	N/A	N/A
Tax Fees	N/A	N/A
All Other Fees	N/A	N/A
Total	N/A	N/A

(f) Not Applicable.

(g) The aggregate fees billed by PwC for non-audit services rendered to the registrant, Credit Suisse and Covered Service Providers for the fiscal years ended December 31, 2007 and December 31, 2008 were $5,920 and $6,030, respectively.

(h) Not Applicable.

Item 5. Audit Committee of Listed Registrants.

The registrant has a separately designated standing audit committee established in accordance with Section 3(a)(58)(A) of the Securities Exchange Act of 1934, as amended. The members of the committee are Enrique R. Arzac, Terry Bovarnick, James Cattano, Lawrence Fox and Steven N. Rappaport.

Item 6. Schedule of Investments.

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

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

CREDIT SUISSE ASSET MANAGEMENT, LLC

CREDIT SUISSE FUNDS

CREDIT SUISSE INSTITUTIONAL FUNDS

CREDIT SUISSE CLOSED-END FUNDS

PROXY VOTING POLICY AND PROCEDURES

Introduction

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

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

Policy

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

Proxy Voting Committee

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

For the reasons disclosed below under “Conflicts,” the Proxy Voting Committee has engaged the services of an independent third party (initially, Risk Metrics Group’s ISS Governance Services Unite (“ISS”)) to assist in issue analysis and vote recommendation for proxy proposals. Proxy proposals addressed by the Policy will be voted in accordance with the Policy. Proxy proposals

addressed by the Policy that require a case-by-case analysis will be voted in accordance with the vote recommendation of ISS. Proxy proposals not addressed by the Policy will also be voted in accordance with the vote recommendation of ISS. To the extent that the Proxy Voting Committee proposes to deviate from the Policy or the ISS vote recommendation, the Committee shall obtain client consent as described below.

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

Conflicts

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

Consent

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

Recordkeeping

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

These records include the following:

· a copy of the Policy;

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

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

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

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

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

Disclosure

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

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

Procedures

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

PROXY VOTING POLICY

Operational Items

Adjourn Meeting

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

Amend Quorum Requirements

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

Amend Minor Bylaws

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

Change Date, Time, or Location of Annual Meeting

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

Ratify Auditors

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

Board of Directors

Voting on Director Nominees in Uncontested Elections

Generally votes on director nominees on a case-by-case basis. Votes may be withheld: (1) from directors who attended less than 75% of the board and committee meetings without a valid reason for the absences; (2) implemented or renewed a dead-hand poison pill; (3) ignored a shareholder proposal that was approved by a majority of the votes cast for two consecutive years; (4) ignored a shareholder proposal approved by a majority of the shares outstanding; (5) have failed to act on takeover offers where the majority of the shareholders have tendered their shares; (6) are inside directors or affiliated outside directors and sit on the audit, compensation, or nominating committee; (7) are inside directors or affiliated outside directors and the full board serves as the audit, compensation, or nominating committee or the company does not have one of these committees; or (8) are audit committee members and the non-audit fees paid to the auditor are excessive

Cumulative Voting

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

Director and Officer Indemnification and Liability Protection

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

Filling Vacancies/Removal of Directors

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

Independent Chairman (Separate Chairman/CEO)

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

Majority of Independent Directors

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

lacking any of these three panels. Generally withhold votes from insiders and affiliated outsiders on boards that are not at least majority independent.

Term Limits

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

Proxy Contests

Voting on Director Nominees in Contested Elections

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

Amend Bylaws without Shareholder Consent

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

Confidential Voting

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

Cumulative Voting

Antitakeover Defenses and Voting Related Issues

Advance Notice Requirements for Shareholder Proposals/Nominations

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

Amend Bylaws without Shareholder Consent

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

Poison Pills (Shareholder Rights Plans)

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

Shareholders’ Ability to Act by Written Consent

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

Shareholders’ Ability to Call Special Meetings

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

Supermajority Vote Requirements

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

Merger and Corporate Restructuring

Appraisal Rights

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

Asset Purchases

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

Asset Sales

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

Conversion of Securities

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

Corporate Reorganization

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

Reverse Leveraged Buyouts

for the debt restructuring if it is expected that the company will file for bankruptcy if the transaction is not approved.

Formation of Holding Company

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

Joint Ventures

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

Mergers and Acquisitions

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

Private Placements

Votes on proposals regarding private placements should be determined on a case-by-case basis. When evaluating these proposals, should review: (1) dilution to existing shareholders’ position; (2) terms of the offer; (3) financial issues; (4) management’s efforts to pursue alternatives such as mergers; (5) control issues; (6) conflict of interest. Generally vote for the

private placement if it is expected that the company will file for bankruptcy if the transaction is not approved.

Prepackaged Bankruptcy Plans

Recapitalization

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

Reverse Stock Splits

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

Spinoffs

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

Value Maximization Proposals

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

Capital Structure

Adjustments to Par Value of Common Stock

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

Common Stock Authorization

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

Dual-class Stock

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

Issue Stock for Use with Rights Plan

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

Preemptive Rights

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

Preferred Stock

Generally vote against proposals authorizing the creation of new classes of preferred stock with unspecified voting, conversion, dividend distribution, and other rights (“blank check” preferred stock). Generally vote for proposals to create “declawed” blank check preferred stock (stock that cannot be used as a takeover defense). Generally vote for proposals to authorize preferred stock in cases where the company specifies the voting, dividend, conversion, and other rights of such stock and the terms of the preferred stock appear reasonable. Generally vote against proposals to increase the number of blank check preferred stock authorized for issuance when no shares have been issued or reserved for a specific purpose. Generally vote case-by-case on proposals to increase the number of blank check

preferred shares after analyzing the number of preferred shares available for issue given a company’s industry and performance in terms of shareholder returns.

Recapitalization

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

Reverse Stock Splits

Share Repurchase Programs

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

Stock Distributions: Splits and Dividends

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

Tracking Stock

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

Executive and Director Compensation

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

Stock Plans in Lieu of Cash

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

Director Retirement Plans

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

Management Proposals Seeking Approval to Reprice Options

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

Incentive Bonus Plans and Tax Deductibility Proposals

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

Employee Stock Ownership Plans (ESOPs)

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

401(k) Employee Benefit Plans

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

Shareholder Proposals Regarding Executive and Director Pay

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

Performance-Based Option Proposals

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

Stock Option Expensing

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

Golden and Tin Parachutes

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

May 14, 2008

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

Information pertaining to the Chief Investment Officer of the Credit Suisse Asset Management Income Fund, as of December 31, 2008, is set forth below.

Martha B. Metcalf Chief Investment Officer Since 2005		Managing Director; Associated with Credit Suisse since 2005; Managing Director and Portfolio Manager of Invesco from 2000 to 2005; Officer of other Credit Suisse Funds

Year of Birth: 1965

Registered Investment Companies, Pooled Investment Vehicles and Other Accounts Managed

As reported to the Registrant, the information in the following table reflects the number of registered investment companies, pooled investment vehicles and other accounts managed by Ms. Metcalf and the total assets managed within each category as of December 31, 2008.

	Registered Investment Companies		Other Pooled Investment Vehicles		Other Accounts
Martha Metcalf	4	$289 million	3	$220 million	6	$1,232 million

No advisory fee is paid based on performance for any of the accounts listed above.

Potential Conflicts of Interest

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

If Credit Suisse believes that the purchase or sale of a security is in the best interest of more than one client, it may (but is not obligated to) aggregate the orders to be sold or purchased to seek favorable execution or lower brokerage commissions, to the extent permitted by applicable laws and regulations. Credit Suisse may aggregate orders if all participating client accounts benefit equally (i.e., all receive an average price of the aggregated orders). In the event Credit Suisse aggregates an order for participating accounts, the method of allocation will generally be determined prior to the trade execution. Although no specific method of allocation of transactions (as well as expenses incurred in the transactions) is expected to be used, allocations will be designed to ensure that over time all clients receive fair treatment consistent with Credit Suisse’s fiduciary duty to its clients (including its duty to seek to obtain best execution of client trades). The accounts aggregated may

include registered and unregistered investment companies managed by Credit Suisse’s affiliates and accounts in which Credit Suisse’s officers, directors, agents, employees or affiliates own interests. Applicant may not be able to aggregate securities transactions for clients who direct the use of a particular broker-dealer, and the client also may not benefit from any improved execution or lower commissions that may be available for such transactions.

Compensation

Ms. Metcalf is compensated for her services by Credit Suisse. Her compensation consists of a fixed base salary and a discretionary bonus that is not tied by formula to the performance of any fund or account. The factors taken into account in determining her bonus include the Fund’s performance, assets held in the Fund and other accounts managed by her, business growth, team work, management, corporate citizenship, etc.

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

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

Securities Ownership. As of December 31, 2008, Ms. Metcalf did not own any shares of the registrant.

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 3, 2008.

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 second fiscal quarter of the period covered by this report that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 12. Exhibits.

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

(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.

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/ George R. Hornig
	Name: George R. Hornig
	Title: Chief Executive Officer
	Date: March 6, 2009

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/ George R. Hornig
	Name: George R. Hornig
	Title: Chief Executive Officer
	Date: March 6, 2009

	/s/ Michael A. Pignataro
	Name: Michael A. Pignataro
	Title: Chief Financial Officer
	Date: March 6, 2009