Park Avenue Securities LLC grew its holdings in shares of Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY – Free Report) by 5.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 486,464 shares of the real estate investment trust’s stock after buying an additional 24,667 shares during the period. Park Avenue Securities LLC’s holdings in Credit Suisse High Yield Bond Fund were worth $1,041,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. D.A. Davidson & CO. bought a new position in Credit Suisse High Yield Bond Fund during the third quarter worth about $39,000. Truist Financial Corp bought a new position in Credit Suisse High Yield Bond Fund during the second quarter worth about $25,000. Finally, Integrated Advisors Network LLC bought a new position in Credit Suisse High Yield Bond Fund during the third quarter worth about $27,000.
Credit Suisse High Yield Bond Fund Price Performance
DHY stock opened at $2.13 on Tuesday. Credit Suisse High Yield Bond Fund, Inc. has a 12 month low of $1.93 and a 12 month high of $2.27.
Credit Suisse High Yield Bond Fund Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Friday, January 24th. Stockholders of record on Thursday, January 16th will be given a $0.0155 dividend. The ex-dividend date is Thursday, January 16th. This represents a $0.19 dividend on an annualized basis and a dividend yield of 8.73%.
Credit Suisse High Yield Bond Fund Profile
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.
Further Reading
Want to see what other hedge funds are holding DHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY – Free Report).
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