Credit Suisse High Yield Bond Fund (DHY) Stock

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.