Bank of America Corp DE Grows Position in Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY)

Bank of America Corp DE lifted its holdings in shares of Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) by 13.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 52,595 shares of the real estate investment trust’s stock after buying an additional 6,100 shares during the period. Bank of America Corp DE’s holdings in Credit Suisse High Yield Bond Fund were worth $113,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Jane Street Group LLC purchased a new position in Credit Suisse High Yield Bond Fund in the fourth quarter worth about $197,000. LPL Financial LLC boosted its position in Credit Suisse High Yield Bond Fund by 10.0% in the fourth quarter. LPL Financial LLC now owns 811,454 shares of the real estate investment trust’s stock worth $1,737,000 after purchasing an additional 73,600 shares during the last quarter. Avantax Advisory Services Inc. purchased a new position in Credit Suisse High Yield Bond Fund in the fourth quarter worth about $50,000. Raymond James Financial Inc. purchased a new position in Credit Suisse High Yield Bond Fund in the fourth quarter worth about $26,000. Finally, Envestnet Asset Management Inc. boosted its position in Credit Suisse High Yield Bond Fund by 1.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 524,766 shares of the real estate investment trust’s stock worth $1,123,000 after purchasing an additional 10,015 shares during the last quarter.

Credit Suisse High Yield Bond Fund Price Performance

Shares of NYSEAMERICAN:DHY opened at $2.07 on Tuesday. The stock’s 50-day simple moving average is $2.03 and its two-hundred day simple moving average is $2.10. Credit Suisse High Yield Bond Fund, Inc. has a 52-week low of $1.82 and a 52-week 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 Tuesday, June 24th. Shareholders of record on Monday, June 16th will be given a $0.0155 dividend. The ex-dividend date is Monday, June 16th. This represents a $0.19 annualized dividend and a yield of 8.99%.

About Credit Suisse High Yield Bond Fund

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.