Profile
Sector:
Financial ServicesIndustry:
Asset ManagementCountry:
United StatesIPO:
29 July 1998Next earnings report:
N/ALast dividends:
16 August 2024Next dividends:
18 September 2024Price
after hours | Thu, 12 Sep 2024 23:50:01 GMTAnalysts recommendations
Institutional Ownership
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DHY Latest News
The Credit Suisse High Yield Bond Fund offers a 9.07% distribution yield, comparable to other closed-end junk bond funds. The fund has outperformed both the Bloomberg U.S. Aggregate Bond Index and the Bloomberg High Yield Very Liquid Index over the past six months. The fund's leverage ratio is below one-third of assets, indicating a reasonable balance between risk and potential returns.
It's no secret that corporate bonds are booming. But what might come as a surprise to some folks is that we're not too late to get in.
The Credit Suisse High Yield Bond closed-end fund aims to provide a high yield to income-seeking investors through investments in speculative-grade bonds. The DHY fund's current yield of 9.64% is higher than the benchmark index, but it slightly underperformed the index over the past three months in terms of total returns. The fund's portfolio consists primarily of junk bonds, but it takes precautionary measures to mitigate default risks and has a diversified issuer base.
The Credit Suisse High Yield Bond Fund offers a high level of income with a current yield of 9.79%, higher than most other options in the market. The fund has underperformed the American high yield bond index in terms of price performance, but it actually delivers a much higher total return. The fund primarily invests in U.S. high-yield debt, with a small allocation to cash and common stock.
Credit Suisse High Yield Bond is a fixed-income closed-end fund. The CEF has a moderate 33% leverage ratio and a very large discount to NAV of -11%.
What type of business is Credit Suisse High Yield Bond Fund?
Credit Suisse High Yield Bond Fund, Inc. is a closed ended fixed income mutual fund launched and managed by Credit Suisse Asset Management, LLC. The fund invests in the fixed income markets of the United States. It invests in the securities of companies across diversified sectors. The fund primarily invests in below-investment-grade corporate bonds with an average credit quality lower than BBB by Standard & Poor's and an average duration of 5.07 years. It focuses factors like financial condition, cash flow and borrowing requirements, value of assets in relation to cost, strength of management, responsiveness to business conditions, credit standing and anticipated results of operations to make its investments. The fund benchmarks the performance of its portfolio against the BofA Merrill Lynch High Yield Master II Constrained Index. Credit Suisse High Yield Bond Fund, Inc. was formed on July 31, 1998 and is domiciled in the United States.
What sector is Credit Suisse High Yield Bond Fund in?
Credit Suisse High Yield Bond Fund is in the Financial Services sector
What industry is Credit Suisse High Yield Bond Fund in?
Credit Suisse High Yield Bond Fund is in the Asset Management industry
What country is Credit Suisse High Yield Bond Fund from?
Credit Suisse High Yield Bond Fund is headquartered in United States
When did Credit Suisse High Yield Bond Fund go public?
Credit Suisse High Yield Bond Fund initial public offering (IPO) was on 29 July 1998
What is Credit Suisse High Yield Bond Fund website?
https://www.us-fund.credit-suisse.com/index.cfm?nav=funds&fundid=5&tab=5
Is Credit Suisse High Yield Bond Fund in the S&P 500?
No, Credit Suisse High Yield Bond Fund is not included in the S&P 500 index
Is Credit Suisse High Yield Bond Fund in the NASDAQ 100?
No, Credit Suisse High Yield Bond Fund is not included in the NASDAQ 100 index
Is Credit Suisse High Yield Bond Fund in the Dow Jones?
No, Credit Suisse High Yield Bond Fund is not included in the Dow Jones index
When was Credit Suisse High Yield Bond Fund the previous earnings report?
No data
When does Credit Suisse High Yield Bond Fund earnings report?
Next earnings report date is not announced yet