DHY

Credit Suisse High Yield Bond Fund

2.18 USD
+0.01
0.46%
At close Jan 3, 4:00 PM EST
1 day
0.46%
5 days
0.00%
1 month
-0.91%
3 months
-0.91%
6 months
5.31%
Year to date
0.46%
1 year
8.46%
5 years
-12.45%
10 years
-21.30%
 

About: Credit Suisse High Yield Bond Fund is a non-diversified, closed-end management investment company with the objective to seek high current income and capital appreciation as a secondary objective.

0
Funds holding %
of 6,815 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

19% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 16

2.9% less ownership

Funds ownership: 12.19% [Q2] → 9.29% (-2.9%) [Q3]

7% less funds holding

Funds holding: 67 [Q2] → 62 (-5) [Q3]

14% less capital invested

Capital invested by funds: $25.5M [Q2] → $21.8M (-$3.68M) [Q3]

50% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 8

Research analyst outlook

We haven’t received any recent analyst ratings for DHY.

Financial journalist opinion

Positive
Seeking Alpha
6 months ago
DHY: Narrow Credit Spreads Could Pose A Risk To The Fund's Assets
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.
DHY: Narrow Credit Spreads Could Pose A Risk To The Fund's Assets
Positive
24/7 Wall Street
8 months ago
Want $2000 In Passive Income? Invest $1000 Into These Dividend Stocks
Naturally, one should monitor their portfolio on a regular basis in case there are any news events or market circumstances that can affect a stock price or its dividend adversely.
Positive
Forbes
8 months ago
How To Tap Steady 9%+ Payouts As The Bond Market Booms
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.
Positive
Seeking Alpha
11 months ago
DHF Vs. DHY: High Yield Plays At Attractive Discounts
Credit Suisse High Yield Bond Fund and BNY Mellon High Yield Strategies Fund offer high monthly distributions and are trading at attractive discounts. Both funds utilize leverage to increase their potential returns and income-generation, but this comes with increased volatility and now higher borrowing costs. DHY has a stronger performance track record, but DHF looks like the better value today with strong distribution coverage as well.
Positive
Seeking Alpha
1 year ago
DHY: There Could Be A Good Argument For Buying This Junk Bond CEF Today
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.
Neutral
Seeking Alpha
1 year ago
CEF Weekly Review: CEF Launch Date Doesn't Matter (For Income)
We review CEF market valuation and performance through the second week of November and highlight recent market action. Most CEF sectors struggled during the week, with only Muni sectors finishing in the green due to a reversal in Treasury yields. There is a misconception that the launch date of a fund gives it a locked-in yield position, but this is not true.
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