13D Filing: Saba Capital and Credit Suisse Asset Management Income Fund Inc (CIK)

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

SCHEDULE 13D/A

Under the Securities Exchange Act of 1934
(Amendment No. [ 3
])*

Credit Suisse Asset Management Income Fund

(Name of Issuer)

Common Shares, 0.001 par value
(Title of Class
of Securities)

224916106
(CUSIP Number)

Saba Capital Management, L.P.
405 Lexington
Avenue
58th Floor
New York, NY 10174
Attention:
Michael D’Angelo
(212) 542-4635
(Name, Address and
Telephone Number of Person
Authorized to Receive Notices and Communications)

October 31, 2017
(Date of Event Which Requires
Filing of This Statement)

If the filing person has previously filed a statement on
Schedule 13G to report the acquisition that is the subject of this Schedule 13D,
and is filing this schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule
13d-1(g), check the following box. [X]

(Page 1 of 6 Pages)

______________________________

* The remainder of this cover page shall be filled out for a
reporting person’s initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information which
would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page
shall not be deemed to be “filed” for the purpose of Section 18 of the
Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities
of that section of the Act but shall be subject to all other provisions of the
Act (however, see the Notes).

^{________________________________________
1} The
percentages used herein are calculated based upon 52,291,765 shares of common
stock outstanding as of 6/30/2017, as disclosed in the company’s Certified
Shareholder Report Form N-CSRS filed 8/24/2017.

____________________________
¹ The percentages
used herein are calculated based upon 52,291,765 shares of common stock
outstanding as of 6/30/2017, as disclosed in the company’s Certified Shareholder
Report Form N-CSRS filed 8/24/2017

This Amendment No. 3 amends and supplements the statement on
Schedule 13D filed with the Securities and Exchange Commission (the “SEC”) on
February 14, 2017 (the “Original Schedule 13D”). As amended by Amendment No. 1
and Amendment No. 2 both filed on August 18, 2017. With respect to the shares
(“Shares”) of common stock, par value $0.001 per share, of Credit Suisse Asset
Management Income Fund, Inc.(the “Issuer”). This Amendment No. 3 amends Items 3
and 5 as set forth below.

Item 3. SOURCE AND AMOUNT OF FUNDS
OR OTHER CONSIDERATION

Funds for the purchase of the Common Shares were derived from
the subscription proceeds from investors in SCMF, SCMF II, SCLMF, SCS, SCEF 1
and SCEF 2 and the capital appreciation thereon and margin account borrowings
made in the ordinary course of business. In such instances, the positions held
in the margin accounts are pledged as collateral security for the repayment of
debit balances in the account, which may exist from time to time. Since other
securities are held in the margin accounts, it is not possible to determine the
amounts, if any, of margin used to purchase the Common Shares reported herein. A
total of $13,903,725 was paid to acquire the Common Shares reported herein.

Item 5. Interest in Securities of
the Issuer

SIGNATURES

After reasonable inquiry and to the best of his or its
knowledge and belief, each of the undersigned certifies that the information set
forth in this statement is true, complete and correct.

Date: November 2, 2017

* Pursuant to a power of attorney dated as of November 16,
2015, which is incorporated herein by reference to Exhibit 2 to the Schedule 13G
filed by the Reporting Persons on December 28, 2015, accession number:
0001062993-15-006823

Schedule A

This Schedule sets forth information with respect to each
purchase and sale of Shares which were effectuated by a Reporting Person in the
last sixty days. All transactions were effectuated in the open market through a
broker.

SABA CAPITAL MANAGEMENT, L.P