	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549



	FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number:			811-05012
CREDIT SUISSE ASSET MANAGEMENT INCOME FUND, INC.
(Exact name of registrant as specified in charter)
c/o Credit Suisse Asset Management, LLC 466 Lexington Avenue New York, New York				10017
(Address of principal executive offices)				(Zip code)

J. Kevin Gao, Esq. 466 Lexington Avenue New York, New York 10017
(Name and address of agent for service)

Registrant's telephone number, including area code:			(212) 875-3500

Date of fiscal year end:	December 31st

Date of reporting period:		January 1, 2005 to March 31, 2005

Item 1: Schedule of Investments

Credit Suisse Asset Management Income Fund, Inc.

SCHEDULE OF INVESTMENTS (unaudited)

March 31, 2005

			Face
		Moody’s	Amount
		Ratings	(000)		Value
DOMESTIC SECURITIES (82.4%)

CORPORATE OBLIGATIONS (80.8%)

Aerospace (0.5%)
	BE Aerospace, Inc.
	Series B, Sr. Sub. Notes
	8.00%, 3/1/08	Caa2	$	300	$	299,250
	L-3 Communication Corp.
	Sr. Sub. Notes
	5.875%, 1/15/15	Ba3	650		627,250
	Sequa Corp.
	Sr. Notes
	9.00%, 8/1/09	B1	250		268,750
	Group Total				1,195,250

Airlines (0.4%)
	American Airlines, Inc.
	Series 01-2,
	Pass thru Certs
	7.80%, 10/1/06	B1	900		824,564
	Continental Airlines, Inc.
	Series 991C,
	Pass thru Certs
	6.954%, 8/2/09	B2	155		127,069
	Group Total				951,633

Automobile Manufacturing/Vehicle Parts (3.0%)
(1)	Accuride Corp.
	Sr. Sub. Notes
	8.50%, 2/1/15	Caa1	750		738,750
(2)	Aetna Industries, Inc.
	Sr. Notes
	11.875%, 10/1/06	N/R	1		30
	Autocam Corp.
	Sr. Sub. Notes
	10.875%, 6/15/14	Caa2	400		348,000
(3)	Cambridge Industries, Inc.
	Sr. Sub. Notes
	10.25%, 7/15/07	Aa2	775		7,746

			Face
		Moody’s	Amount
		Ratings	(000)		Value
(1)	Collins Aikman Products Co.
	Sr. Sub. Notes
	12.875%, 8/15/12	Caa2	$	1,350	$	614,250
(1)	Cooper-Standard Automotive, Inc.
	Notes
	8.375%, 12/15/14	B3	600		490,500
	Dura Operating Corp.
	Series D, Gtd.
	9.00%, 5/1/09	Caa1	800		636,000
(1)	Heafner Tire Group, Inc.
	Sr. Notes
	10.75%, 4/1/13	Caa2	800		788,000
	Holley Performance Products, Inc.
	Series B, Gtd.
	12.25%, 9/15/07	Caa3	365		293,825
(1)	J.B. Poindexter & Co., Inc.
	Sr. Notes
	8.75%, 3/15/14	B1	500		500,000
	Metaldyne Corp.
	Gtd.
	11.00%, 6/15/12	Caa1	800		652,000
	Motor Coach Industries International, Inc.
	Gtd.
	11.25%, 5/1/09	Ca	1,121		689,107
	Stanadyne Corp.
	Sr. Sub. Notes
	10.00%, 8/15/14	Caa1	400		414,000
(1)	Tenneco Automotive, Inc.
	Sr. Sub. Notes
	8.625%, 11/15/14	B3	350		342,125
	Group Total				6,514,333

Broadband (0.5%)
	Level 3 Communications, Inc.
	Sr. Notes
	9.125%, 5/1/08	Ca	750		628,125
(1)	Level 3 Financing, Inc.
	Sr. Notes
	10.75%, 10/15/11	Caa1	250		220,625

			Face
		Moody’s	Amount
		Ratings	(000)		Value
	Primus Telecommunications Group, Inc.
	Sr. Notes
	8.00%, 1/15/14	B3	$	250	$	181,250
	Group Total				1,030,000

Broadcast/Outdoor (0.6%)
	Emmis Operating, Co.
	Sr. Subordinated
	6.875%, 5/15/12	B2	250		246,250
	Interep National Radio Sales, Inc.
	Series B, Gtd.
	10.00%, 7/1/08	Ca	250		198,125
(4)	Paxson Communications Corp.
	Gtd.
	0.00%, 1/15/09	Caa1	500		467,500
	Sinclair Broadcast Group, Inc.
	Gtd.
	8.75%, 12/15/11	B2	450		474,750
	Group Total				1,386,625

Building Products (3.1%)
(4)	Associated Materials, Inc.
	Sr. Discount Notes
	0.00%, 3/1/14	Caa2	750		525,000
	Building Materials Corp. of America:
	Secured
	7.75%, 8/1/14	B2	300		301,500
	Series B, Sr. Notes
	7.75%, 7/15/05	B2	250		252,500
	Dayton Superior Corp.:
	Gtd.
	13.00%, 6/15/09	Caa2	720		651,600
	Secured
	10.75%, 9/15/08	B3	250		246,250
(1)	Goodman Global Holdings Co., Inc.
	Sr. Sub. Notes
	7.875%, 12/15/12	Caa1	750		690,000
	Interface, Inc.
	Sr. Sub. Notes
	9.50%, 2/1/14	Caa3	400		423,000

			Face
		Moody’s	Amount
		Ratings	(000)		Value
(1) (4)	NTK Holdings, Inc.
	Sr. Discount Notes
	0.00%, 3/1/14	Caa2	$	1,000	$	537,500
(4)	Norcraft Holdings/Capital
	Sr. Discount Notes
	0.00%, 9/1/12	Caa1	250		178,750
	Nortek, Inc.
	Sr. Sub. Notes
	8.50%, 9/1/14	Caa1	800		776,000
	Ply Gem Industries, Inc.
	Sr. Sub. Notes
	9.00%, 2/15/12	B3	900		855,000
(1)	RMCC Acquisition Co.
	Sr. Sub. Notes
	9.50%, 11/1/12	Caa1	500		492,500
	Texas Industries, Inc.
	Sr. Notes
	10.25%, 6/15/11	B1	250		284,375
	Werner Holdings Co., Inc.
	Series A, Gtd.
	10.00%, 11/15/07	B3	800		572,000
	Group Total				6,785,975

Cable (6.1%)
(2)	Adelphia Communications Corp.
	Series B, Sr. Notes
	8.375%, 2/1/08	N/R	800		680,000
(1)	Atlantic Broadband Finance LLC
	Sr. Sub. Notes
	9.375%, 1/15/14	Caa1	750		723,750
	CSC Holdings, Inc.:
	Series B, Debentures
	8.125%, 8/15/09	B1	150		159,000
	Series B, Sr. Notes
	7.625%, 4/1/11	B1	200		209,000
(1)	Cablevision Systems Corp.
	Sr. Notes
	8.00%, 4/15/12	B3	1,250		1,290,625
	Charter Communication Holdings LLC:
	Sr. Discount Notes
	9.92%, 4/1/11	Ca	1,200		927,000

			Face
		Moody’s	Amount
		Ratings	(000)		Value
	Sr. Notes
	8.625%, 4/1/09	Ca	$	750	$	583,125
	8.75%, 11/15/13	B3	500		502,500
	10.25%, 1/15/10	Ca	950		767,125
(2) (3)	DIVA Systems Corp.
	Series B, Sr. Discount Notes
	12.625%, 3/1/08	Caa1	3,014		7,536
(2)	Frontiervision Holdings LP
	Series B, Sr. Discount Notes
	11.875%, 9/15/07	Caa1	500		675,000
(4)	Insight Communications Co., Inc.
	Sr. Discount Notes
	0.00%, 2/15/11	Caa2	250		250,000
	Insight Midwest L.P./Insight Capital, Inc.:
	Sr. Notes
	9.75%, 10/1/09	B2	900		942,750
	10.50%, 11/1/10	B2	500		537,500
	Jones Intercable, Inc.
	Sr. Notes
	7.625%, 4/15/08	Baa3	450		482,657
	Mediacom LLC/Mediacom Capital Corp.:
	Series B, Sr. Notes
	8.50%, 4/15/08	B3	871		886,242
	Sr. Notes
	7.875%, 2/15/11	B3	850		824,500
	Northland Cable Television, Inc.
	Gtd.
	10.25%, 11/15/07	Caa3	750		748,125
(2)	Olympus Communications, L.P./Olympus Capital Corp.
	Series B, Sr. Notes
	10.625%, 11/15/06	N/R	892		1,186,360
	Renaissance Media Group LLC
	Gtd.
	10.00%, 4/15/08	B3	953		967,295
	Group Total				13,350,090

			Face
		Moody’s	Amount
		Ratings	(000)		Value
Capital Goods (1.0%)
	Blount, Inc.
	Sr. Sub. Notes
	8.875%, 8/1/12	Caa1	$	250	$	265,000
(1)	Case New Holland, Inc.
	Sr. Notes
	9.25%, 8/1/11	Ba3	350		374,500
	JII Holdings LLC
	Secured
	13.00%, 4/1/07	Caa2	760		714,776
	Motors & Gears, Inc.
	Series D, Sr. Notes
	10.75%, 11/15/06	Caa1	950		876,375
	Group Total				2,230,651

Chemicals (3.2%)
	Crompton Corp.
	Sr. Notes
	9.875%, 8/1/12	B1	350		402,500
(1) (4)	Crystal U.S. Holdings/U.S. Sub 3
	Sr. Discount Notes
	0.00%, 10/1/14	Caa2	545		384,225
	Equistar Chemicals L.P./Equistar Funding Corp.
	Sr. Notes
	10.625%, 5/1/11	B2	350		394,625
(1)	Huntsman LLC:
	Gtd.
	11.625%, 10/15/10	B1	325		381,875
	11.75%, 7/15/12	B2	264		310,200
	IMC Global, Inc.
	Sr. Notes
	10.875%, 8/1/13	Ba3	350		420,000
	ISP Chemco, Inc.
	Series B, Gtd.
	10.25%, 7/1/11	B1	250		271,875
(1) (4)	KI Holdings, Inc.
	Sr. Discount Notes
	0.00%, 11/15/14	Caa2	600		372,000
(1)	Kraton Polymers LLC/ Capital Corp.
	Sr. Sub. Notes
	8.125%, 1/15/14	Caa1	350		333,375

			Face
		Moody’s	Amount
		Ratings	(000)		Value
	Lyondell Chemical Co.:
	Gtd.
	10.50%, 6/1/13	B1	$	850	$	981,750
	Series B, Secured
	9.875%, 5/1/07	B1	294		302,820
	Millennium America, Inc.
	Gtd.
	9.25%, 6/15/08	B1	500		538,750
	Nalco Co.
	Sr. Sub. Notes
	8.875%, 11/15/13	Caa1	400		430,000
	Polyone Corp.
	Gtd.
	10.625%, 5/15/10	B3	400		446,000
	Radnor Holdings Corp.
	Sr. Notes
	11.00%, 3/15/10	Caa1	250		186,250
	Resolution Performance Products LLC
	Sr. Sub. Notes
	13.50%, 11/15/10	Caa2	500		542,500
	Terra Capital, Inc.
	Secured
	11.50%, 6/1/10	Caa1	357		412,335
	Group Total				7,111,080

Competitive Local Exchange Carrier (0.6%)
	Madison River Capital LLC/ Madison River Finance Corp.
	Sr. Notes
	13.25%, 3/1/10	B3	871		935,787
	Time Warner Telecom LLC
	Sr. Notes
	9.75%, 7/15/08	B3	400		392,000
	Group Total				1,327,787

Consumer Products/Tobacco (3.8%)
(1) (4)	AAC Group Holding Corp.
	Sr. Discount Notes
	0.00%, 10/1/12	Caa1	400		290,000
	ALH Finance LLC/ALH Finance Corp.
	Sr. Sub. Notes
	8.50%, 1/15/13	B3	650		637,000

			Face
		Moody’s	Amount
		Ratings	(000)		Value
	Ames True Temper, Inc.
(1) (5)	Notes
	6.64%, 1/15/12	B3	$	400	$	378,000
	Sr. Sub. Notes
	10.00%, 7/15/12	Caa1	600		513,000
	Amscan Holdings, Inc
	Sr. Sub. Notes
	8.75%, 5/1/14	B3	300		292,500
	DIMON, Inc.
	Sr. Notes
	7.75%, 6/1/13	B1	500		562,500
(1)	Del Laboratories, Inc.
	Sr. Sub. Notes
	8.00%, 2/1/12	B3	750		723,750
(2) (3)	Diamond Brands Operating Corp.
	Gtd.
	10.125%, 4/15/08	N/R	2,000		40,000
	General Binding Corp.
	Gtd.
	9.375%, 6/1/08	Caa1	700		707,000
(1)	Interactive Health LLC
	Sr. Notes
	7.25%, 4/1/11	B3	400		366,000
(4)	Johnsondiversey Holdings, Inc.
	Discount Notes
	0.00%, 5/15/13	B3	600		519,000
	Leiner Health Products, Inc.
	Sr. Sub. Notes
	11.00%, 6/1/12	B3	250		270,000
	PCA LLC/PCA Finance Corp.
	Sr. Notes
	11.875%, 8/1/09	Caa2	650		549,250
	Playtex Products, Inc.
	Gtd.
	9.375%, 6/1/11	Caa2	500		522,500
	Prestige Brands, Inc.
	Sr. Sub. Notes
	9.25%, 4/15/12	Caa1	299		316,940
	Rayovac Corp.
	Sr. Sub. Notes
	8.50%, 10/1/13	B3	250		258,750

			Face
		Moody’s	Amount
		Ratings	(000)		Value
	Remington Arms Co., Inc.
	Gtd.
	10.50%, 2/1/11	B3	$	115	$	113,850
(1)	Revlon Consumer Products Corp.
	Sr. Notes
	9.50%, 4/1/11	Caa2	500		493,750
	Samsonite Corp.
	Sr. Sub. Notes
	8.875%, 6/1/11	B3	250		263,125
	Sealy Mattress Co.
	Sr. Sub. Notes
	8.25%, 6/15/14	B2	400		419,000
	Group Total				8,235,915

Containers (2.1%)
	Berry Plastics Corp.
	Gtd.
	10.75%, 7/15/12	B3	600		679,500
(1)	Graham Packaging Co.
	Sub. Notes
	9.875%, 10/15/14	Caa2	350		351,750
	Graphic Packaging International Corp.
	Sr. Sub. Notes
	9.50%, 8/15/13	B3	250		266,250
	Intertape Polymer U.S., Inc.
	Sr. Sub. Notes
	8.50%, 8/1/14	B3	300		296,425
	Owens-Brockway Glass Container Corp.
	Gtd.
	8.25%, 5/15/13	B2	680		722,500
	Owens-Illinois, Inc.
	Sr. Notes
	8.10%, 5/15/07	B3	850		884,000
	Pliant Corp.
	Gtd.
	13.00%, 6/1/10	Caa2	850		722,500
	Solo Cup Co.
	Sr. Sub. Notes
	8.50%, 2/15/14	B3	500		502,500

			Face
		Moody’s	Amount
		Ratings	(000)		Value
	U.S. Can Corp.
	Gtd.
	10.875%, 7/15/10	Caa2	$	250	$	263,750
	Group Total				4,689,175

Diversified Telecommunications (1.0%)
	Cincinnati Bell, Inc.
	Sr. Sub. Notes
	8.375%, 1/15/14	B3	800		792,000
	Qwest Corp.:
	Notes
	6.625%, 9/15/05	Ba3	500		505,000
(1)	Sr. Notes
	7.875%, 9/1/11	Ba3	250		258,750
(1)	Qwest Services Corp.
	Notes
	13.50%, 12/15/10	Caa1	500		581,250
	Group Total				2,137,000

Energy/Other (2.2%)
	Dynegy Holdings, Inc.:
(1)	Secured
	10.125%, 7/15/13	B3	250		273,750
	Sr. Notes
	6.875%, 4/1/11	Caa2	250		223,125
	8.75%, 2/15/12	Caa2	600		577,500
	El Paso CGP Co.:
	Notes
	6.375%, 2/1/09	Caa1	250		241,250
	7.75%, 6/15/10	Caa1	250		251,250
	El Paso Corp.
	Sr. Notes
	7.00%, 5/15/11	Caa1	500		482,500
	El Paso Natural Gas Co.
	Series A, Sr. Notes
	7.625%, 8/1/10	B1	250		263,403
	El Paso Production Holding Co.
	Gtd.
	7.75%, 6/1/13	B3	750		763,125
	Giant Industries, Inc.:
	Gtd.
	8.00%, 5/15/14	B3	200		201,000
	11.00%, 5/15/12	B3	186		212,970

			Face
		Moody’s	Amount
		Ratings	(000)		Value
(1)	Gulfmark Offshore, Inc.
	Sr. Notes
	7.75%, 7/15/14	B2	$	250	$	258,750
(1)	Inergy LP/Inergy Finance Corp.
	Sr. Notes
	6.875%, 12/15/14	B1	250		241,250
	Reliant Energy, Inc.:
	Secured
	6.75%, 12/15/14	B1	250		234,375
	9.50%, 7/15/13	B1	500		546,250
	Group Total				4,770,498

Environmental Services (0.6%)
	Allied Waste North America, Inc.
	America, Inc.
	Series B, Sr. Notes
	7.375%, 4/15/14	Caa1	1,000		910,000
(1)	Waste Services, Inc.
	Sr. Sub. Notes
	9.50%, 4/15/14	Ca	400		406,000
	Group Total				1,316,000

Finance (0.6%)
	E*Trade Financial Corp.
	Sr. Notes
	8.00%, 6/15/11	B1	250		258,750
(1)	IAAI Finance Corp.
	Sr. Unsecured
	11.00%, 4/1/13	Caa1	750		749,003
(1)	Rainbow National Services LLC
	Sr. Notes
	8.75%, 9/1/12	B3	250		270,000
(3)	Westfed Holdings
	Sr. Debentures
	25.00%, 8/22/09	N/R	121		121,025
	Group Total				1,398,778

Food Processors/Beverage/Bottling (1.9%)
(1)	Bear Creek Corp.
	Sr. Notes
	9.00%, 3/1/09	B3	500		497,500
	Birds Eye Foods, Inc.
	Gtd.
	11.875%, 11/1/08	B3	100		104,250

			Face
		Moody’s	Amount
		Ratings	(000)		Value
	Eagle Family Foods, Inc.
	Series B, Gtd.
	8.75%, 1/15/08	Caa2	$	471	$	392,867
	Land O’Lakes, Inc.
	Sr. Notes
	8.75%, 11/15/11	B3	940		942,350
(1)	Le-Natures, Inc.
	Sr. Sub. Notes
	9.50%, 6/15/13	Caa1	250		273,750
	National Wine & Spirits, Inc.
	Gtd.
	10.125%, 1/15/09	B3	220		221,100
	Pinnacle Foods Holding Corp.
	Sr. Sub. Notes
	8.25%, 12/1/13	B3	750		645,000
	Swift & Co.:
	Gtd.
	10.125%, 10/1/09	B1	250		275,625
	Sr. Sub. Notes
	12.50%, 1/1/10	B2	300		339,750
	Wornick Co.
	Secured
	10.875%, 7/15/11	B2	400		420,000
	Group Total				4,112,192

Gaming (5.8%)
(1)	155 East Tropicana LLC/155 East
	Tropicana Finance Corp.
	Secured
	8.75%, 4/1/12	B3	750		744,375
	Ameristar Casinos, Inc.
	Gtd.
	10.75%, 2/15/09	B2	920		1,009,700
	Argosy Gaming Co.:
	Sr. Sub. Notes
	7.00%, 1/15/14	B1	250		271,562
	9.00%, 9/1/11	Ba3	250		274,687
	Aztar Corp.
	Sr. Sub. Notes
	7.875%, 6/15/14	Ba3	250		266,875
	Boyd Gaming Corp.
	Gtd.
	9.25%, 8/1/09	Ba3	600		638,250

			Face
		Moody’s	Amount
		Ratings	(000)		Value
(1)	Chukchansi Economic Development Authority
	Sr. Notes
	14.50%, 6/15/09	N/R	$	1,000	$	1,235,000
	Circus & Eldorado/Silver Legacy Capital Corp.
	First Mortgage Notes
	10.125%, 3/1/12	B1	500		538,750
	Hard Rock Hotel, Inc.
	Notes
	8.875%, 6/1/13	B3	1,800		1,948,500
	Herbst Gaming, Inc.
	Sr. Sub. Notes
	8.125%, 6/1/12	B3	300		313,500
	Inn of the Mountain Gods Resort and Casino
	Sr. Notes
	12.00%, 11/15/10	B3	400		472,000
	Isle of Capri Casinos, Inc.
	Sr. Sub. Notes
	7.00%, 3/1/14	B2	400		398,000
	MGM Mirage, Inc.:
	Gtd.
	9.75%, 6/1/07	Ba2	100		108,000
	Sr. Notes
	6.75%, 9/1/12	Ba2	250		253,125
	Majestic Star Casino LLC
	Gtd.
	9.50%, 10/15/10	B2	750		788,437
	Mohegan Tribal Gaming Authority
	Sr. Sub. Notes
	7.125%, 8/15/14	Ba3	350		352,625
	OED Corp./Diamond JO LLC
	Gtd.
	8.75%, 4/15/12	B2	500		473,750
	Park Place Entertainment Corp.:
	Sr. Sub. Notes
	7.875%, 12/15/05	Ba2	120		122,850
	9.375%, 2/15/07	Ba2	500		533,125
	River Rock Entertainment Authority
	Sr. Notes
	9.75%, 11/1/11	B2	400		440,000

			Face
		Moody’s	Amount
		Ratings	(000)		Value
	Riviera Holdings Corp.
	Gtd.
	11.00%, 6/15/10	B2	$	700	$	777,000
	Station Casinos, Inc.
	Sr. Sub. Notes
	6.875%, 3/1/16	B1	500		503,125
(1)	Waterford Gaming LLC
	Sr. Notes
	8.625%, 9/15/12	B1	219		231,045
(2)	Windsor Woodmont Black Hawk Resort Corp.
	Series B, First Mortgage
	Notes
	13.00%, 3/15/05	N/R	267		20,510
	Group Total				12,714,791

Healthcare Facilities/Supplies (2.6%)
	Ardent Health Services LLC
	Sr. Sub. Notes
	10.00%, 8/15/13	B3	250		297,500
	Beverly Enterprises, Inc.
	Sr. Sub. Notes
	7.875%, 6/15/14	B2	250		277,500
(1) (4)	CDRV Investors, Inc.
	Sr. Discount Notes
	0.00%, 1/1/15	Caa2	800		486,000
	Concentra Operating Corp.
	Gtd.
	9.50%, 8/15/10	B3	250		268,750
(1)	DaVita, Inc.
	Sr. Subordinated
	7.25%, 3/15/15	B3	200		197,000
	Fisher Scientific International, Inc.
	Sr. Sub. Notes
	8.125%, 5/1/12	Ba3	260		283,400
(4)	MQ Associates, Inc.
	Sr. Discount Notes
	0.00%, 8/15/12	Caa2	1,000		575,000
	Medquest, Inc.
	Series B, Gtd.
	11.875%, 8/15/12	Caa1	600		591,000

			Face
		Moody’s	Amount
		Ratings	(000)		Value
(1)	National Mentor, Inc.
	Sr. Sub. Notes
	9.625%, 12/1/12	B3	$	400	$	419,000
	Tenet Healthcare Corp.:
	Sr. Notes
(1)	9.25%, 2/1/15	B3	500		501,250
	9.875%, 7/1/14	B3	250		261,250
	Triad Hospitals, Inc.
	Sr. Sub. Notes
	7.00%, 11/15/13	B3	1,000		987,500
	Universal Hospital Services, Inc.
	Sr. Notes
	10.125%, 11/1/11	B3	250		257,500
	Vanguard Health Holding II
	Sr. Sub. Notes
	9.00%, 10/1/14	Caa1	350		370,125
	Group Total				5,772,775

Home Builders (0.8%)
	Tech Olympic USA, Inc.
	Gtd.
	9.00%, 7/1/10	Ba3	500		520,000
	Toll Corp.
	Sr. Sub. Notes
	8.25%, 12/1/11	Ba2	250		269,375
	WCI Communities, Inc.
	Gtd.
	10.625%, 2/15/11	Ba3	650		707,687
	William Lyon Homes, Inc.
	Sr. Notes
	7.50%, 2/15/14	B2	250		230,000
	Group Total				1,727,062

Industrial (2.1%)
(1)	Altra Industrial Motion
	Secured
	9.00%, 12/1/11	B3	400		398,000
(1)	Amsted Industries, Inc.
	Sr. Notes
	10.25%, 10/15/11	B3	250		273,750
	Amtrol, Inc.
	Sr. Sub. Notes
	10.625%, 12/31/06	Caa3	600		540,000

			Face
		Moody’s	Amount
		Ratings	(000)		Value
(1)	Coleman Cable, Inc.
	Sr. Notes
	9.875%, 10/1/12	B3	$	900	$	922,500
	Hawk Corp.
	Sr. Notes
	8.75%, 11/1/14	B2	650		669,500
	Polypore, Inc.
	Sr. Sub. Notes
	8.75%, 5/15/12	Caa1	400		376,000
	Poster Financial Group, Inc.
	Secured
	8.75%, 12/1/11	B2	500		522,500
	True Temper Sports, Inc.
	Gtd.
	8.375%, 9/15/11	Caa1	450		420,750
	Wolverine Tube, Inc.
	Gtd.
	10.50%, 4/1/09	B3	550		583,000
	Group Total				4,706,000

Leisure (3.0%)
	AMC Entertainment, Inc.:
	Sr. Sub. Notes
	8.00%, 3/1/14	B3	400		384,000
	9.875%, 2/1/12	B3	650		689,000
	Affinity Group, Inc.:
(1)	Sr. Notes
	10.875%, 2/15/12	Caa1	700		682,500
	Sr. Sub. Notes
	9.00%, 2/15/12	B3	250		263,750
	Bally Total Fitness Holding Corp.
	Sr. Notes
	10.50%, 7/15/11	B3	350		346,500
	Bluegreen Corp.
	Series B, Gtd.
	10.50%, 4/1/08	B3	1,000		1,015,000
	Booth Creek Ski Holdings, Inc.
	Series B, Gtd.
	12.50%, 3/15/07	Caa1	1,147		1,144,133
(4)	Cinemark, Inc.
	Sr. Discount Notes
	0.00%, 3/15/14	Caa1	400		286,000

			Face
		Moody’s	Amount
		Ratings	(000)		Value
	Cinemark USA, Inc.
	Sr. Sub. Notes
	9.00%, 2/1/13	B3	$	250	$	272,500
	Six Flags, Inc.:
	Sr. Notes
	9.625%, 6/1/14	Caa1	700		649,250
	9.75%, 4/15/13	Caa1	400		375,000
(1)	Worldspan LP/WS Financing Corp.
	Sr. Notes
	9.024%, 2/15/11	B3	500		487,500
	Group Total				6,595,133

Lodging (0.8%)
	CapStar Hotel Co.
	Sr. Sub. Notes
	8.75%, 8/15/07	Caa1	250		253,750
	Felcor Lodging LP
	Gtd.
	9.00%, 6/1/11	B1	425		459,000
	HMH Properties, Inc.
	Series B, Gtd.
	7.875%, 8/1/08	Ba3	126		129,150
	Host Marriot LP
	Series I, Gtd.
	9.50%, 1/15/07	Ba3	600		636,000
	John Q. Hammons Hotel LP
	Series B, First Mortgage Notes
	8.875%, 5/15/12	B2	300		323,250
	Group Total				1,801,150

Metals & Mining (2.9%)
	AK Steel Corp.:
	Gtd.
	7.75%, 6/15/12	B1	300		290,250
	7.875%, 2/15/09	B1	250		246,250
(1)	Alpha Natural Resources LLC
	Gtd.
	10.00%, 6/1/12	B3	500		562,500
	Amer Rock Salt Co. LLC
	Sr. Secured Notes
	9.50%, 3/15/14	B3	500		517,500

			Face
		Moody’s	Amount
		Ratings	(000)		Value
	Earle M. Jorgensen Co.
	Secured
	9.75%, 6/1/12	B2	$	500	$	542,500
(1)	Edgen Acquisition Corp.
	Secured
	9.875%, 2/1/11	B3	750		755,625
(1)	Imco Recycling Escrow
	Sr. Notes
	9.00%, 11/15/14	B3	900		949,500
	International Steel Group, Inc.
	Sr. Notes
	6.50%, 4/15/14	Ba3	1,000		1,025,000
	Ispat Inland ULC
	Secured
	9.75%, 4/1/14	Ba1	259		304,325
	Metallurg, Inc.
	Series B, Gtd.
	11.00%, 12/1/07	Ca	571		527,713
(2)	WCI Steel, Inc.
	Series B, Sr. Notes
	10.00%, 12/1/04	N/R	250		206,875
	Wise Metals Group LLC
	Secured
	10.25%, 5/15/12	B2	500		507,500
	Group Total				6,435,538

Oil Equipment (0.2%)
	Parker Drilling Co.
	Series B, Gtd.
	10.125%, 11/15/09	B2	316		332,590

Paper & Forest Products (2.9%)
	Appleton Papers, Inc.
	Series B, Sr. Sub. Notes
	9.75%, 6/15/14	B3	350		367,500
	Blue Ridge Paper Product, Inc.
	Secured
	9.50%, 12/15/08	B2	800		804,000
	Caraustar Industries, Inc.
	Gtd.
	9.875%, 4/1/11	Caa1	434		457,870

			Face
		Moody’s	Amount
		Ratings	(000)		Value
	Cellu Tissue Holdings, Inc.
	Secured
	9.75%, 3/15/10	B2	$	850	$	879,750
	Georgia-Pacific Corp.
	Gtd.
	9.375%, 2/1/13	Ba2	1,000		1,122,500
	Newark Group, Inc.
	Sr. Sub. Notes
	9.75%, 3/15/14	Caa1	2,000		2,040,000
	Smurfit-Stone Container Enterprises, Inc.
	Sr. Notes
	8.375%, 7/1/12	B2	600		622,500
	Group Total				6,294,120

Publishing (1.6%)
	CBD Media Holdings LLC/CBD Holdings Finance, Inc.
	Sr. Notes
	9.25%, 7/15/12	Caa2	500		512,500
	Dex Media East LLC
	Gtd.
	12.125%, 11/15/12	B2	200		238,000
	Dex Media, Inc.:
(4)	Discount Notes
	0.00%, 11/15/13	B3	500		382,500
	Notes
	8.00%, 11/15/13	B3	250		260,000
	Haights Cross Operating Co. :
	Gtd.
	11.75%, 8/15/11	Caa1	350		394,625
(1)	Sr. Notes
	11.75%, 8/15/11	Caa1	100		112,750
	Houghton Mifflin Co.:
(4)	Sr. Discount Notes
	0.00%, 10/15/13	Caa2	250		175,000
	Sr. Notes
	8.25%, 2/1/11	B3	300		307,500
	PRIMEDIA, Inc.
	Sr. Notes
	8.00%, 5/15/13	B3	350		358,750
(2) (3)	Premier Graphics, Inc.
	Gtd.
	11.50%, 12/1/05	N/R	2,000		0

			Face
		Moody’s	Amount
		Ratings	(000)		Value
	Sheridan Acquisition Corp.
	Secured
	10.25%, 8/15/11	B1	$	300	$	320,250
(1)	WDAC Subsidiary Corp.
	Sr. Notes
	8.375%, 12/1/14	Caa1	500		467,500
	Group Total				3,529,375

Restaurants (1.9%)
	Buffets, Inc.
	Sr. Sub. Notes
	11.25%, 7/15/10	B3	500		530,000
(1)	Carrols Corp.
	Sr. Sub. Notes
	9.00%, 1/15/13	B3	150		155,250
(1)	Denny’s Corp./ Denny’s Holdings, Inc.
	Sr. Notes
	10.00%, 10/1/12	Caa1	500		527,500
	El Pollo Loco, Inc.
	Secured
	9.25%, 12/15/09	B2	250		256,250
	Friendly Ice Cream Corp.
	Sr. Notes
	8.375%, 6/15/12	B2	500		477,500
(1)	Landry’s Restaurants, Inc.
	Sr. Notes
	7.50%, 12/15/14	B2	350		341,250
	O’ Charley’s, Inc.
	Sr. Sub. Notes
	9.00%, 11/1/13	Ba3	400		436,000
(3)	Romacorp, Inc.
	Sr. Notes
	10.50%, 12/31/08	N/R	1,202		787,572
	Sbarro, Inc.
	Gtd.
	11.00%, 9/15/09	Caa2	125		121,250
(1)	Uno Restaurant Corp.
	Sr. Notes
	10.00%, 2/15/11	B3	500		502,500
	Group Total				4,135,072

Retail- Food & Drug (1.4%)
(1)	AmeriQual Group LLC
	Secured
	9.00%, 4/1/12	B1	250		253,750

			Face
		Moody’s	Amount
		Ratings	(000)		Value
	Duane Reade, Inc.
	Sr. Sub. Notes
	9.75%, 8/1/11	Caa1	$	500	$	442,500
(1)	General Nutrition Centers, Inc.
	Sr. Notes
	8.625%, 1/15/11	B3	500		472,500
	Great Atlantic & Pacific Tea Company, Inc.
	Sr. Notes
	9.125%, 12/15/11	Caa1	400		395,000
(1)	Gregg Appliances, Inc.
	Sr. Notes
	9.00%, 2/1/13	B2	700		668,500
(1)	Rite Aid Corp.
	Notes
	6.125%, 12/15/08	Caa1	300		280,500
	Secured
	7.50%, 1/15/15	B2	250		241,250
	Roundy’s, Inc.
	Series B, Gtd.
	8.875%, 6/15/12	B2	200		215,000
	Stater Brothers Holdings, Inc.
	Sr. Notes
	8.125%, 6/15/12	B1	150		145,500
	Group Total				3,114,500

Retail Stores (1.8%)
	Asbury Automotive Group, Inc.
	Gtd.
	9.00%, 6/15/12	B3	400		410,000
	CSK Auto, Inc.
	Gtd.
	7.00%, 1/15/14	B2	500		474,375
	Finlay Fine Jewelry Corp.
	Sr. Notes
	8.375%, 6/1/12	B2	500		475,000
(2) (3)	Flooring America, Inc.
	Series B, Gtd.
	9.25%, 10/15/07	Caa1	703		0
	Michaels Stores, Inc.
	Sr. Notes
	9.25%, 7/1/09	Ba1	400		424,500

			Face
		Moody’s	Amount
		Ratings	(000)		Value
	NBTY, Inc.
	Series B, Sr. Sub. Notes
	8.625%, 9/15/07	B1	$	400	$	410,000
	Nebraska Book Co., Inc.
	Sr. Sub. Notes
	8.625%, 3/15/12	Caa1	500		486,250
	Perry Ellis International, Inc.
	Series B, Sr. Sub. Notes
	8.875%, 9/15/13	B3	250		258,750
(1)	Southern States Cooperative, Inc.
	Sr. Notes
	10.50%, 11/1/10	B3	750		781,875
	United Auto Group, Inc.
	Gtd.
	9.625%, 3/15/12	B3	250		265,000
	Group Total				3,985,750

Satellite (0.2%)
	Echostar DBS Corp.
	Sr. Notes
	9.125%, 1/15/09	Ba3	195		209,138
	PanAmSat Corp.
	Gtd.
	9.00%, 8/15/14	B1	300		318,000
	Group Total				527,138

Secondary Oil & Gas Producers (1.9%)
	Belden & Blake Corp.
	Secured
	8.75%, 7/15/12	B3	250		249,375
	Chesapeake Energy Corp.:
	Sr. Notes
	6.875%, 1/15/16	Ba3	602		611,030
	7.00%, 8/15/14	Ba3	250		258,750
	Forest Oil Corp.
	Sr. Notes
	8.00%, 6/15/08	Ba3	900		960,750
	Plains E&P Co.
	Series B, Sr. Sub. Notes
	8.75%, 7/1/12	Ba3	300		328,500
	Pogo Producing Co.
	Series B, Sr. Sub. Notes
	8.25%, 4/15/11	Ba3	550		588,500

			Face
		Moody’s	Amount
		Ratings	(000)		Value
(1)	Range Resources Corp.
	Sr. Sub. Notes
	6.375%, 3/15/15	B3	$	200	$	193,000
	Vintage Petroleum, Inc.
	Sr. Sub. Notes
	7.875%, 5/15/11	B1	700		745,500
	Whiting Petroleum Corp.
	Sr. Sub. Notes
	7.25%, 5/1/12	B2	300		304,500
	Group Total				4,239,905

Services (6.3%)
	Advanstar Communications, Inc.
	Secured
	10.75%, 8/15/10	B3	400		447,000
	Allied Security Escrow Corp.
	Sr. Sub. Notes
	11.375%, 7/15/11	Caa1	400		412,000
	American Color Graphics, Inc.
	Notes
	10.00%, 6/15/10	Caa3	800		524,000
	Brand Services, Inc.
	Gtd.
	12.00%, 10/15/12	B3	600		669,000
	Buhrmann U.S., Inc
	Sr. Sub. Notes
	8.25%, 7/1/14	B2	250		258,750
(1)	Di Finance/Dyncorp International
	Sr. Sub. Notes
	9.50%, 2/15/13	Caa1	750		732,188
	Diamond Triumph Auto Glass, Inc.
	Gtd.
	9.25%, 4/1/08	Caa1	500		415,000
	Great Lakes Dredge & Dock Co.
	Sr. Sub. Notes
	7.75%, 12/15/13	Caa3	850		709,750
(1)	HydroChem Industrial Services, Inc.
	Sr. Sub. Notes
	9.25%, 2/15/13	Caa1	800		788,000

			Face
		Moody’s	Amount
		Ratings	(000)		Value
(1)	Intergrated Alarm Services Group, Inc.
	Secured
	12.00%, 11/15/11	B3	$	400	$	400,000
	Integrated Electrical Services, Inc.
	Series C, Gtd.
	9.375%, 2/1/09	Caa1	625		603,125
	Iron Mountain, Inc.:
	Gtd.
	7.75%, 1/15/15	Caa1	250		248,125
	8.625%, 4/1/13	Caa1	450		456,750
(1)	Knowledge Learning Corp., Inc.
	Gtd.
	7.75%, 2/1/15	B3	500		485,000
	La Petite Academy, Inc.
	Series B, Gtd.
	10.00%, 5/15/08	Ca	1,300		1,274,000
	Language Line, Inc.
	Sr. Sub. Notes
	11.125%, 6/15/12	Caa1	250		261,875
	Morton’s Restaurant Group, Inc.
	Secured
	7.50%, 7/1/10	B2	300		291,000
	Muzak LLC/Muzak Finance Corp.:
	Gtd.
	9.875%, 3/15/09	Ca	650		295,750
	Sr. Notes
	10.00%, 2/15/09	Caa2	300		247,500
	National Beef Packing Co. LLC/NB Finance Corp.
	Sr. Notes
	10.50%, 8/1/11	B3	400		410,000
	Quintiles Transnational Corp.
	Sr. Sub. Notes
	10.00%, 10/1/13	B3	250		282,500
	Rent-Way, Inc.
	Secured
	11.875%, 6/15/10	B3	500		556,250

			Face
		Moody’s	Amount
		Ratings	(000)		Value
	Salton, Inc.
	Gtd.
	12.25%, 4/15/08	Ca	$	750	$	450,000
	United Rentals North America, Inc.:
	Sr. Sub. Notes
	7.00%, 2/15/14	B2	1,000		920,000
	7.75%, 11/15/13	B2	800		780,000
(1) (4)	WMG Holdings Corp.
	Sr. Discount Notes
	0.00%, 12/15/14	Caa2	1,250		868,750
	Group Total				13,786,313

Technology (2.9%)
	AMI Semiconductor, Inc.
	Gtd.
	10.75%, 2/1/13	B2	136		163,540
(1) (5)	Activant Solutions, Inc.
	Sr. Notes
	9.09%, 4/1/10	B2	500		512,500
(1)	Advanced Micro Devices, Inc.
	Sr. Notes
	7.75%, 11/1/12	B3	500		493,750
	Amkor Technology, Inc.:
	Sr. Notes
	7.75%, 5/15/13	B3	500		422,500
	9.25%, 2/15/08	B3	350		336,000
(2) (6)	Ampex Corp.
	Secured
	12.00%, 8/15/08	N/R	443		443,481
	Itron, Inc.
	Sr. Sub. Notes
	7.75%, 5/15/12	B2	250		250,000
	Lucent Technologies, Inc.:
	Notes
	5.50%, 11/15/08	B2	550		540,375
	7.25%, 7/15/06	B2	340		349,350
(1)	Magnachip Semiconductor
	Sr. Sub. Notes
	8.00%, 12/15/14	B2	400		411,000
	Sanmina-SCI Corp.
	Gtd.
	10.375%, 1/15/10	Ba2	800		900,000

			Face
		Moody’s	Amount
		Ratings	(000)		Value
	Unisys Corp.
	Sr. Notes
	7.875%, 4/1/08	Ba1	$	250	$	252,500
	Viasystems, Inc.
	Sr. Sub. Notes
	10.50%, 1/15/11	Caa2	600		597,000
	Xerox Corp.
	Sr. Notes
	7.625%, 6/15/13	Ba2	650		682,500
	Group Total				6,354,496

Textile/Apparel/Shoe Manufacturing (1.8%)
	BGF Industries, Inc.
	Series B, Sr. Sub. Notes
	10.25%, 1/15/09	Ca	250		250,000
	Levi Strauss & Co.:
	Sr. Notes
(1) (5)	7.73%, 4/1/12	Caa3	500		493,750
(1)	9.75%, 1/15/15	Caa3	1,600		1,580,000
	12.25%, 12/15/12	Caa3	735		804,825
	Phillips Van-Heusen Corp.
	Sr. Notes
	7.25%, 2/15/11	B2	400		408,000
	Propex Fabrics, Inc.
	Gtd.
	10.00%, 12/1/12	Caa1	500		497,500
	Group Total				4,034,075

Towers (0.8%)
	American Tower Corp.
	Sr. Notes
	7.125%, 10/15/12	B3	600		597,000
	Crown Castle International Corp.
	Sr. Notes
	7.50%, 12/1/13	B3	400		441,000
(4)	SBA Telecommunications, Inc./ SBA Telecommunications Corp.
	Sr. Discount Notes
	0.00%, 12/15/11	B3	750		650,625
	Group Total				1,688,625

			Face
		Moody’s	Amount
		Ratings	(000)		Value
Transportation (0.3%)
(1) (4)	H-Lines Finance Holding Corp.
	Sr. Discount Notes
	0.00%, 4/1/13	Caa2	$	300	$	235,500
(1)	Horizon Lines LLC
	Notes
	9.00%, 11/1/12	B3	300		321,000
	Group Total				556,500

Utilities (3.5%)
	AES Corp.:
	Sr. Notes
	7.75%, 3/1/14	B1	400		415,000
	9.50%, 6/1/09	B1	37		40,104
	Allegheny Energy Supply Co., LLC
	Notes
	7.80%, 3/15/11	B2	400		417,000
	Aquila, Inc.
	Sr. Notes
	7.625%, 11/15/09	B2	400		412,000
	CMS Energy Corp.:
	Sr. Notes
	7.50%, 1/15/09	B1	700		724,500
	7.75%, 8/1/10	B1	250		261,875
	Calpine Corp.:
(1)	Secured
	8.50%, 7/15/10	N/R	950		750,500
	Sr. Notes
	7.75%, 4/15/09	Caa1	800		556,000
	Calpine Generating Co.
	Secured
	9.14%, 4/1/10	B2	800		784,000
	Edison Mission Energy:
	Sr. Notes
	7.73%, 6/15/09	B1	500		523,750
	10.00%, 8/15/08	B1	500		558,125
	Midwest Generation LLC
	Secured
	8.75%, 5/1/34	B1	400		448,000
(2)	Mirant Americas Generation LLC
	Sr. Notes
	7.625%, 5/1/06	N/R	500		567,500

			Face
		Moody’s	Amount
		Ratings	(000)		Value
(1) (2)	Mirant Corp.
	Sr. Notes
	7.40%, 7/15/04	N/R	$	300	$	235,500
(1)	NRG Energy, Inc.
	Secured
	8.00%, 12/15/13	B1	313		332,563
	Sierra Pacific Resources
	Sr. Notes
	8.625%, 3/15/14	B2	300		321,000
	TNP Enterprises, Inc.
	Series B, Sr. Sub. Notes
	10.25%, 4/1/10	B2	350		370,125
	Group Total				7,717,542

Wireless (4.1%)
	Airgate PCS, Inc.:
	Secured
(1)	9.375%, 9/1/09	Caa1	50		53,250
	9.375%, 9/1/09	Caa1	350		372,750
	Alamosa PCS Holdings, Inc.
	Gtd.
	12.875%, 2/15/10	N/R	800		870,000
	American Cellular Corp.
	Series B, Sr. Notes
	10.00%, 8/1/11	Caa1	700		647,500
	Centennial Cellular Operating Co./Centennial Communication Corp.
	Gtd.
	10.125%, 6/15/13	Caa1	400		444,000
	Dobson Communications Corp.
	Sr. Notes
	8.875%, 10/1/13	Ca	600		474,000
(1)	Horizon PCS, Inc.
	Sr. Notes
	11.375%, 7/15/12	B3	350		399,000
	IPCS, Inc.
	Sr. Notes
	11.50%, 5/1/12	B3	250		282,500
(1) (4)	IWO Escrow Co.
	Sr. Discount Notes
	0.00%, 1/15/15	Caa2	250		161,250

			Face
		Moody’s	Amount
		Ratings	(000)		Value
	Nextel Communications, Inc.
	Sr. Notes
	7.375%, 8/1/15	Ba3	$	250	$	265,313
	Nextel Partners, Inc.
	Sr. Notes
	8.125%, 7/1/11	B3	750		800,625
	Rural Cellular Corp.
	Sr. Sub. Notes
	9.75%, 1/15/10	Caa2	2,100		1,932,000
	Triton PCS, Inc.
	Gtd.
	8.50%, 6/1/13	Caa1	750		693,750
	U.S. Unwired, Inc.
	Series B, Secured
	10.00%, 6/15/12	Caa1	400		445,000
	Ubiquitel Operating Co.:
	Sr. Notes
	9.875%, 3/1/11	Caa1	150		166,125
(1)	9.875%, 3/1/11	Caa1	350		387,625
	Western Wireless Corp.
	Sr. Notes
	9.25%, 7/15/13	Caa1	500		572,500
	Group Total				8,967,188

TOTAL CORPORATE OBLIGATIONS
(Cost $181,225,673)					177,558,620

			Shares/
			Units
COMMON STOCKS (1.3%)

Broadcast/Outdoor (0.1%)
(7)	Equinix, Inc.		5,567		235,707

Cable (0.0%)
(3) (7)	Digitalglobe, Inc.		69,987		69,987

Capital Goods (0.0%)
(3) (7)	Motels of America, Inc.		750		75

Containers (0.0%)
(3) (7)	Continental AFA Dispensing Co.		20,689		37,240

		Shares/
		Units	Value
Finance (0.0%)
(3) (7) (8)	Westfed Holdings, Inc.
	Class B (acquired 9/20/88, cost $510)	16,893	$	169

Food Processors/Beverage/Bottling (0.4%)
(7)	Crunch Equity Holdings LLC	703	913,722
(3) (7)	Specialty Foods Corp.	52,500	0
	Group Total		913,722

Industrial (0.1%)
(3) (7)	Doskocil Manufacturing Co.	36,000	126,000

Retail- Food & Drug (0.0%)
(3) (7)	Archibald Candy Corp.	2,030	0

Retail Stores (0.1%)
(3) (7)	Safelite Glass Corp.
	Class B	18,064	90,320
(3) (7)	Safelite Realty Corp.	1,219	12,190
	Group Total		102,510

Services (0.1%)
(1) (7)	Cenveo, Inc.	31,958	180,243

Textile/Apparel/Shoe Manufacturing (0.2%)
(7)	Safety Components International, Inc.	26,759	455,572

Wireless (0.3%)
(7)	Dobson Communications Corp.
	Class A	57,927	117,013
(7)	IWO Holdings, Inc.	17,187	532,797
	Group Total		649,810

TOTAL COMMON STOCKS
(Cost $2,959,560)			2,771,035

PREFERRED STOCKS (0.2%)

Cable (0.0%)
(7)	Adelphia Communications Corp.
	13% Cum. Exchangeable Series B	7,500	24,375

		Shares/
		Units	Value
Finance (0.0%)
(3) (7) (8)	Westfed Holdings, Inc.
	Class A (acquired 9/20/88-6/18/93, cost $4,815,472)	57,005	$	14,251

Restaurants (0.0%)
(3) (7) (9)	AmeriKing, Inc.
	13% Cum. Exchangeable	40,375	0

Wireless (0.2%)
(7)	Dobson Communications Corp.
	6% Conv. Preferred	900	69,660
(7) (9)	Rural Cellular Corp.
	11.375% Sr. Exchangeable	426	380,205
	Group Total		449,865

TOTAL PREFERRED STOCKS
(Cost $6,611,899)			488,491

WARRANTS (0.1%)

(7)	AGY Holding Corp., Strike $0.01,
	expiring 7/31/05	117	293
(7)	Colt Telecom Group Plc, Strike $75.625,
	expiring 12/31/06	400	6,120
(1) (7)	Dayton Superior Corp., Strike $0.01,
	expiring 6/15/09	1,250	169
(1) (3) (7)	Decrane Aircraft Holdings, Strike $35.65,
	expiring 9/30/08	800	8
(1) (7)	Huntsman Equity Holdings Corp., Strike $0.01,
	expiring 5/15/11	250	131,188
(7)	Loral Space & Communications, Strike $23.70,
	expiring 12/27/06	6,290	94
(7)	Mikohn Gaming Corp., Strike $7.70,
	expiring 8/15/08	3,000	180
(7)	NTL, Inc., Strike $262.93,
	expiring 1/13/11	4	7
(3) (7)	Pegasus Communications Corp., Strike $75.00,
	expiring 1/1/07	250	0
(1) (3) (7)	Pliant Corp., Strike $0.01,
	expiring 6/1/10	747	93
(3) (7)	Safelite Glass Corp.:
	Strike Price, $0.01, Class A expiring 9/29/06	44,271	443
	Strike Price, $0.01, Class B expiring 9/29/07	29,514	295

Shares/

Units

Value

(3) (7)

Star Choice Communications, Inc., Strike $0.01,

expiring 12/5/05

16,212

60,300

(7)

Windsor Woodmont Black Hawk, Strike $0.01,

expiring 3/15/10

100

TOTAL WARRANTS

(Cost $137,906)

199,190

TOTAL DOMESTIC SECURITIES

(Cost $190,935,038)

181,017,336

Face

Moody’s

Amount

Ratings

(000)

FOREIGN SECURITIES (14.7%)

CORPORATE OBLIGATIONS (8.7%)

Automobile Manufacturing /Vehicle Parts (0.1%)

Bombardier Recreational Products, Inc.

Sr. Sub. Notes (Canada)

8.375%, 12/15/13

USD

250

266,250

Broadband (0.5%)

Call Net Enterprises, Inc.

Yankee Gtd. (Canada)

10.625%, 12/31/08

Caa3

USD

400

422,000

(1)

Global Crossing Finance plc

Gtd. (United Kingdom)

10.75%, 12/15/14

Caa1

USD

750

695,625

Group Total

1,117,625

Broadcast/Outdoor (0.1%)

Corus Entertainment, Inc.

Global Sr. Sub. Notes

Sr. Sub. Notes (Canada)

8.75%, 3/1/12

USD

150

161,625

Building Products (0.5%)

MAAX Corp.

Sr. Sub. Notes (Canada)

9.75%, 6/15/12

USD

750

768,750

Face

Moody’s

Amount

Ratings

(000)

Value

(1) (4)

MAAX Holdings, Inc.

Sr. Discount Notes (Canada)

0.00%, 12/15/12

Caa1

USD

500

287,500

Group Total

1,056,250

Cable (0.7%)

(2) (3)

Australis Holdings Pty. Ltd.

Yankee Sr. Secured Discount Notes

Discount Notes (Australia)

15.00%, 11/1/02

N/R

USD

4,600

92,000

(1)

Kabel Deutschland GmbH

Sr. Notes (Germany)

10.625%, 7/1/14

USD

400

444,000

(1) (4)

Telenet Group Holding NV

Discount Notes (Belgium)

0.00%, 6/15/14

Caa2

USD

600

456,750

Videotron LTEE

Sr. Notes (Canada)

6.875%, 1/15/14

Ba3

USD

600

606,000

Group Total

1,598,750

Chemicals (0.6%)

Acetex Corp.

Global Sr. Notes (Canada)

10.875%, 8/1/09

USD

400

428,000

(1)

BCP Caylux Holdings

Sr. Sub. Notes (Luxembourg)

9.625%, 6/15/14

USD

260

297,700

Rhodia SA

Sr. Notes (France)

10.25%, 6/1/10

USD

600

657,000

Group Total

1,382,700

Containers (0.6%)

Crown Cork & Seal Finance

Finance plc

Yankee Gtd. (United Kingdom)

7.00%, 12/15/06

USD

300

308,250

Crown Euro Holdings SA

Secured (France)

9.50%, 3/1/11

USD

795

876,488

Group Total

1,184,738

Face

Moody’s

Amount

Ratings

(000)

Value

Industrial (0.1%)

(2) (3)

International Utility Structures, Inc.:

Sub. Notes (Canada)

13.00%, 2/1/08

N/R

USD

924

4,620

Yankee Sr. Sub. Notes (Canada)

10.75%, 2/1/08

N/R

USD

800

168,000

Group Total

172,620

Leisure (0.4%)

Intrawest Corp.

Sr. Notes (Canada)

7.50%, 10/15/13

USD

250

251,875

(1)

NCL Corp.

Sr. Notes (Bermuda)

10.625%, 7/15/14

USD

500

519,375

Group Total

771,250

Metals & Mining (0.1%)

Gerdau Ameristeel Corp.

Sr. Notes (Canada)

10.375%, 7/15/11

Ba3

USD

250

280,000

Paper/Forest Products (2.1%)

Abitibi-Consolidated, Inc.

Notes (Canada)

7.75%, 6/15/11

Ba3

USD

250

246,250

(1)

Ainsworth Lumber Co., Ltd.

Sr. Notes (Canada)

7.25%, 10/1/12

USD

250

246,250

(1)

Fraser Papers, Inc.

Sr. Notes (Canada)

8.75%, 3/15/15

USD

750

708,750

JSG Funding plc:

Global Sr. Notes (Ireland)

9.625%, 10/1/12

USD

500

540,000

(1)

Sr. Subordinated (Ireland)

7.75%, 4/1/15

Caa1

USD

1,750

1,636,250

Norkse Skog Canada Ltd.

Sr. Notes (Canada)

7.375%, 3/1/14

Ba3

USD

250

243,750

Paramount Resourses Ltd.

Sr. Notes (Canada)

8.50%, 1/31/13

USD

325

327,438

Face

Moody’s

Amount

Ratings

(000)

Value

Tembec Industries, Inc.:

Global Notes, Gtd. (Canada)

7.75%, 3/15/12

USD

250

228,750

Yankee Gtd. (Canada)

8.625%, 6/30/09

USD

400

388,000

Group Total

4,565,438

Ratail-Food & Drug (0.3%)

Jean Coutu Group (PJC), Inc.

Sr. Sub. Notes (Canada)

8.50%, 8/1/14

USD

700

683,375

Satellite (0.4%)

(1)

Intelsat Bermuda Ltd.:

Sr. Notes (Bermuda)

7.805%, 1/15/12

USD

300

306,000

8.25%, 1/15/13

USD

600

609,000

Group Total

915,000

Secondary Oil & Gas Producers (0.6%)

(1)

Petroliam Nasional

Berhad (Petronas)

Bonds (Malaysia)

7.75%, 8/15/15

USD

1,000

1,183,125

Technology (0.5%)

Celestica, Inc.

Sr. Sub. Notes (Canada)

7.875%, 7/1/11

USD

300

305,250

Flextronics International Ltd.

Sr. Sub. Notes (Singapore)

6.25%, 11/15/14

Ba2

USD

650

620,750

Danka Business Systems plc

Sr. Notes (United Kingdom)

11.00%, 6/15/10

USD

250

241,250

Group Total

1,167,250

Transportation (0.8%)

Sea Containers Ltd.

Series B, Yankee Sr. Notes (Bermuda)

10.75%, 10/15/06

USD

700

720,125

Face

Moody’s

Amount

Ratings

(000)

Value

Ship Finance International Ltd.

Sr. Notes (Bermuda)

8.50%, 12/15/13

USD

750

746,250

Stena AB

Sr. Notes (Sweden)

7.00%, 12/1/16

Ba3

USD

250

232,500

(1)

Titan Petrochemicals Group Ltd.

Gtd. (Bermuda)

8.50%, 3/18/12

USD

150

141,000

Group Total

1,839,875

Utilities (0.1%)

Calpine Canada Energy Finance LLC

Gtd. (Canada)

8.50%, 5/1/08

Caa1

USD

317

226,655

Wireless (0.2%)

(1)

Millicom International Cellular S.A.

Sr. Notes (Luxembourg)

10.00%, 12/1/13

USD

500

512,500

TOTAL FOREIGN CORPORATE OBLIGATIONS

(Cost $22,520,238)

19,085,026

GOVERNMENT OBLIGATIONS (6.0%)

Argentina (0.2%)

(5)

Bocon PRO 1

Bonds

.012%, 4/1/07

ARP

152

3,456

(7)

Republic of Argentina

Series 2031,

Unsubordinated

12.00%, 6/19/31

USD

1,060

328,600

Group Total

332,056

Brazil (1.8%)

Federal Republic of Brazil:

(5)

Series 30YR, Collateralized

2.0625%, 4/15/24

USD

1,680

1,520,536

Face

Moody’s

Amount

Ratings

(000)

Value

Unsubordinated

11.00%, 8/17/40

USD

2,260

2,518,205

Group Total

4,038,741

Colombia (0.4%)

Republic of Colombia

Global Bonds

11.75%, 2/25/20

Ba2

USD

715

854,425

Panama (0.3%)

Republic of Panama:

Bonds

9.375%, 1/16/23

Ba1

USD

375

421,875

Notes

7.25%, 3/15/15

Ba1

USD

300

299,250

Group Total

721,125

Philippines (0.6%)

Republic of Philippines

Bonds

8.375%, 2/15/11

USD

1,315

1,347,875

Russia (1.4%)

Ministry Finance of Russia

Series V, Debentures

3.00%, 5/14/08

Ba2

USD

3,255

3,000,459

Turkey (0.2%)

Republic of Turkey

Notes

11.50%, 1/23/12

USD

405

494,606

Ukraine (0.3%)

Ukraine Government

Bonds

7.65%, 6/11/13

USD

700

752,500

Uruguay (0.1%)

Republic of Uruguay

Bonds

7.25%, 2/15/11

USD

200

191,000

Face

Moody’s

Amount

Ratings

(000)

Value

Venezuela (0.7%)

Republic of Venezuela:

Bonds

9.25%, 9/15/27

USD

950

945,250

Sr. Unsub. Notes

11.00%, 3/5/08

EUR

360

531,707

Group Total

1,476,957

TOTAL GOVERNMENT OBLIGATIONS

(Cost $12,797,554)

13,209,744

TOTAL FOREIGN SECURITIES

(Cost $35,317,792)

32,294,770

TIME DEPOSIT (1.5%)

(10)

Wells Fargo (Grand Cayman), overnight deposit,

2.07%, 4/1/05

(Cost $3,197,000)

3,197

3,197,000

TOTAL INVESTMENTS (98.6%)

(Cost $229,449,830)

216,509,106

OTHER ASSETS IN EXCESS OF LIABILITIES (1.4%)

3,132,765

NET ASSETS (100%)

Applicable to 49,895,588 issued and outstanding $.001 par value shares (authorized 100,000,000 shares)

219,641,871

N/R-		Not Rated
ARP-		Argentine Peso
EUR-		Euro Dollar
(1)		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 instituitional buyers. At March 31, 2005, these securities amounted to $47,718,208 or 21.73% of net assets.
(2)		Defaulted security.
(3)		Not readily marketable security; securities are valued at fair value as determined in good faith by, or under the direction of, the Board of Directors.
(4)		Step Bond - The interest stated is as of March 31, 2005 and will reset at a future date.
(5)		Floating Rate - The interest rate changes on these instruments are based upon a designated base rate. The rates shown are those in effect at March 31, 2005.
(6)		Payment-in-kind bonds. Market value includes accrued dividend.
(7)		Non-income producing security.
(8)		Restricted as to private and public resale. Total cost of restricted securities at March 31, 2005 aggregated $4,815,982. Total market value of restricted securities owned at March 31, 2005 was $14,420 or 0.01% of net assets.
(9)		Payment-in-kind preferred stocks. Market value includes accrued dividend.
(10)		Variable rate account. Rate resets on a daily basis; amounts are available on the same business day.

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 then 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. The Fund’s equity investments are valued at market value, which is generally determined using the closing price on the exchange or market on which the security is primarily traded at the time of valuation (“Valuation Time”). If no sales are reported, equity investments are generally valued at the most recent bid quotation as of the Valuation Time or at the lowest asked quotation in the case of a short sale of securities. Securities and other assets for which market quotations are not readily available, or whose values have been materially affected by events occuring 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.

Restricted Securities - Certain investments of the are restricted as to resale and 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.

Security Description	Number of Shares	Acquisition Date	Cost		Fair Value		Value per Share		Percentage of Net Asset Value		Distributions Received
Westfed Holdings, Inc.	16,893	9/20/88	$	510	$	169	$	0.01	0.00	%	$	0
Westfed Holdings, Inc.	57,005	9/20/88-6/18/93	4,815,472		14,251		0.25		0.00	%	0

Federal Income Tax Cost - At March 31, 2005, 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 appreciation (depreciation) from investments were $229,449,830, 10,063,555, (23,004,279), and $(12,940,724), respectively.

Other information regarding the Fund is available in the Fund’s most recent Report to Shareholders. This information is also available on the Fund’s website at http://www.csam.com/us as well as on the website of the Securities and Exchange Commission - http://www.sec.gov.

Item 2: 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 and Exchange Act of 1934.

(b) There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Act) that occurred during the registrant’s last fiscal

quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 3: Exhibits

1. The certifications of the registrant as required by Rule 30a-2(a) under the Act are exhibits 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/ Michael E. Kenneally
	Name:	Michael E. Kenneally
	Title:	Chief Executive Officer
	Date:	May 26, 2005

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/ Michael E. Kenneally
	Name:	Michael E. Kenneally
	Title:	Chief Executive Officer
	Date:	May 26, 2005

	/s/ Michael A. Pignataro
	Name:	Michael A. Pignataro
	Title:	Chief Executive Officer
	Date:	May 26, 2005

Item 1: Schedule of Investments

Item 3: Exhibits

SIGNATURES

CREDIT SUISSE ASSET MANAGEMENT INCOME FUND, INC.