Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) Shares Sold by Invesco Ltd.

Invesco Ltd. decreased its stake in Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) by 26.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 875,369 shares of the real estate investment trust’s stock after selling 316,791 shares during the period. Invesco Ltd.’s holdings in Credit Suisse High Yield Bond Fund were worth $1,873,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Park Avenue Securities LLC boosted its holdings in shares of Credit Suisse High Yield Bond Fund by 5.3% in the fourth quarter. Park Avenue Securities LLC now owns 486,464 shares of the real estate investment trust’s stock valued at $1,041,000 after acquiring an additional 24,667 shares during the period. Apollon Wealth Management LLC acquired a new stake in Credit Suisse High Yield Bond Fund during the 4th quarter worth $92,000. Raymond James Financial Inc. purchased a new position in Credit Suisse High Yield Bond Fund during the 4th quarter worth $26,000. Avantax Advisory Services Inc. acquired a new position in Credit Suisse High Yield Bond Fund in the fourth quarter valued at $50,000. Finally, Commonwealth Equity Services LLC raised its holdings in shares of Credit Suisse High Yield Bond Fund by 7.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 96,527 shares of the real estate investment trust’s stock valued at $207,000 after buying an additional 6,476 shares during the last quarter.

Credit Suisse High Yield Bond Fund Price Performance

NYSEAMERICAN DHY opened at $2.01 on Wednesday. Credit Suisse High Yield Bond Fund, Inc. has a 52-week low of $1.82 and a 52-week high of $2.27. The business’s 50-day moving average price is $2.07 and its 200 day moving average price is $2.10.

Credit Suisse High Yield Bond Fund Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Wednesday, April 23rd. Stockholders of record on Tuesday, April 15th were issued a $0.0155 dividend. This represents a $0.19 dividend on an annualized basis and a dividend yield of 9.25%. The ex-dividend date of this dividend was Tuesday, April 15th.

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.