Credit Suisse High Yield Bond Fund, Inc. (DHY) to Issue Monthly Dividend of $0.15 on November 23rd

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) declared a monthly dividend on Monday, November 2nd. Investors of record on Monday, November 16th will be given a dividend of $0.1550 per share by the real estate investment trust on Monday, November 23rd. This represents a $1.86 dividend on an annualized basis and a yield of 11.2%. The ex-dividend date of this dividend is Monday, November 16th.

Credit Suisse High Yield Bond Fund Trading Up 0.2%

Shares of DHY stock opened at $16.68 on Wednesday. The business’s 50 day moving average is $16.47 and its two-hundred day moving average is $17.84. Credit Suisse High Yield Bond Fund has a 12-month low of $15.00 and a 12-month high of $20.80.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Integrated Wealth Concepts LLC increased its holdings in Credit Suisse High Yield Bond Fund by 533.1% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 141,972 shares of the real estate investment trust’s stock worth $253,000 after acquiring an additional 119,546 shares in the last quarter. Rareview Capital LLC purchased a new position in Credit Suisse High Yield Bond Fund during the second quarter valued at $1,861,000. WealthTrust Asset Management LLC acquired a new stake in shares of Credit Suisse High Yield Bond Fund in the first quarter valued at about $41,000. Integrated Advisors Network LLC grew its position in shares of Credit Suisse High Yield Bond Fund by 129.4% in the first quarter. Integrated Advisors Network LLC now owns 97,380 shares of the real estate investment trust’s stock valued at $185,000 after purchasing an additional 54,926 shares during the period. Finally, Janney Montgomery Scott LLC increased its stake in shares of Credit Suisse High Yield Bond Fund by 5.9% during the first quarter. Janney Montgomery Scott LLC now owns 158,866 shares of the real estate investment trust’s stock worth $302,000 after purchasing an additional 8,837 shares in the last quarter.

About Credit Suisse High Yield Bond Fund

Credit Suisse High Yield Bond Fund is a closed-end investment fund that seeks to provide a high level of current income, with capital appreciation as a secondary objective. The fund invests primarily in below-investment-grade corporate debt securities, commonly known as high-yield or “junk” bonds.

The fund’s portfolio may include bonds and other debt obligations issued by companies across a range of industries and geographic markets. These securities generally offer higher income potential than investment-grade bonds but also involve greater credit, interest-rate and market risks.

The fund was established to provide shareholders with professionally managed exposure to the high-yield bond market through a diversified portfolio.