Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) Shareholders to Receive $0.15 Monthly Dividend

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) announced a monthly dividend on Thursday, October 1st. Shareholders of record on Thursday, October 15th will be given a dividend of $0.1550 per share by the real estate investment trust on Thursday, October 22nd. This represents a $1.86 annualized dividend and a yield of 11.6%. The ex-dividend date is Thursday, October 15th.

Credit Suisse High Yield Bond Fund Stock Performance

DHY stock traded up $0.04 during trading hours on Friday, reaching $16.09. The stock had a trading volume of 12,712 shares, compared to its average volume of 75,450. The stock has a 50-day simple moving average of $16.98 and a 200 day simple moving average of $17.59. Credit Suisse High Yield Bond Fund has a fifty-two week low of $15.00 and a fifty-two week high of $21.20.

Institutional Trading of Credit Suisse High Yield Bond Fund

A number of hedge funds have recently made changes to their positions in DHY. Rockefeller Capital Management L.P. bought a new position in Credit Suisse High Yield Bond Fund during the fourth quarter worth $40,000. WealthTrust Asset Management LLC acquired a new position in shares of Credit Suisse High Yield Bond Fund in the first quarter valued at approximately $41,000. World Investment Advisors acquired a new stake in Credit Suisse High Yield Bond Fund during the 4th quarter worth approximately $106,000. Integrated Advisors Network LLC grew its holdings in Credit Suisse High Yield Bond Fund by 129.4% in the 1st quarter. Integrated Advisors Network LLC now owns 97,380 shares of the real estate investment trust’s stock valued at $185,000 after buying an additional 54,926 shares in the last quarter. Finally, Integrated Wealth Concepts LLC lifted its holdings in shares of Credit Suisse High Yield Bond Fund by 533.1% during the second quarter. Integrated Wealth Concepts LLC now owns 141,972 shares of the real estate investment trust’s stock worth $253,000 after buying an additional 119,546 shares in the last quarter.

About Credit Suisse High Yield Bond Fund

Credit Suisse High Yield Bond Fund is a closed-end investment fund listed on the NYSE American under the symbol DHY. The fund is designed to provide investors with exposure to the high-yield bond market, commonly known as the below-investment-grade or “junk” bond market.

The fund invests primarily in a diversified portfolio of high-yield corporate debt securities. These holdings may include bonds and other fixed-income instruments issued by companies across a range of industries, with the portfolio focused on generating a high level of current income.