Park Avenue Securities LLC Acquires 24,667 Shares of Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY)

Posted by Defense World Staff on Jan 21st, 2025

Park Avenue Securities LLC raised its holdings in Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY – Free Report) by 5.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor 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 and Exchange Commission.

A number of other large investors have also recently made changes to their positions in DHY. Integrated Advisors Network LLC purchased a new stake in shares of Credit Suisse High Yield Bond Fund in the third quarter valued at about $27,000. D.A. Davidson & CO. purchased a new stake in shares of Credit Suisse High Yield Bond Fund in the third quarter valued at about $39,000. Finally, Truist Financial Corp purchased a new stake in shares of Credit Suisse High Yield Bond Fund in the second quarter valued at about $25,000.

Credit Suisse High Yield Bond Fund Trading Up 1.4 %

Shares of DHY stock opened at $2.13 on Tuesday. Credit Suisse High Yield Bond Fund, Inc. has a one year low of $1.93 and a one year high of $2.27.

Credit Suisse High Yield Bond Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, January 24th. Stockholders of record on Thursday, January 16th will be issued a $0.0155 dividend. The ex-dividend date is Thursday, January 16th. This represents a $0.19 annualized dividend and a dividend yield of 8.73%.

About Credit Suisse High Yield Bond Fund

(Free Report)

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.