Insider Buying: Credit Suisse High Yield Bond Fund (NYSEAMERICAN:DHY) Insider Buys $30,080.00 in Stock

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) insider Charles Gerber purchased 16,000 shares of the company’s stock in a transaction that occurred on Thursday, April 16th. The stock was bought at an average price of $1.88 per share, with a total value of $30,080.00. Following the transaction, the insider owned 16,000 shares of the company’s stock, valued at $30,080. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.

Credit Suisse High Yield Bond Fund Stock Performance

Shares of NYSEAMERICAN:DHY opened at $1.85 on Monday. Credit Suisse High Yield Bond Fund, Inc. has a 1 year low of $1.82 and a 1 year high of $2.16. The business has a 50 day simple moving average of $1.91 and a two-hundred day simple moving average of $1.99.

Credit Suisse High Yield Bond Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, April 23rd. Shareholders of record on Thursday, April 16th will be given a dividend of $0.0155 per share. This represents a c) annualized dividend and a dividend yield of 10.1%. The ex-dividend date is Thursday, April 16th.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of DHY. Adapt Wealth Advisors LLC purchased a new position in shares of Credit Suisse High Yield Bond Fund during the third quarter valued at approximately $31,000. Rockefeller Capital Management L.P. purchased a new position in shares of Credit Suisse High Yield Bond Fund during the fourth quarter valued at approximately $40,000. Integrity Advisory Solutions LLC purchased a new position in shares of Credit Suisse High Yield Bond Fund during the third quarter valued at approximately $44,000. Landscape Capital Management L.L.C. purchased a new position in shares of Credit Suisse High Yield Bond Fund during the fourth quarter valued at approximately $51,000. Finally, Osaic Holdings Inc. boosted its position in shares of Credit Suisse High Yield Bond Fund by 227.2% during the second quarter. Osaic Holdings Inc. now owns 24,628 shares of the real estate investment trust’s stock valued at $52,000 after buying an additional 17,101 shares during the period.

Credit Suisse High Yield Bond Fund Company Profile

The Credit Suisse High Yield Bond Fund (NYSEAMERICAN:DHY) is a closed-end management investment company that seeks to provide investors with high current income by primarily investing in below-investment-grade, U.S. dollar-denominated corporate debt securities. The fund offers exposure to a broad array of high-yield bonds issued by companies across various sectors, including industrials, communications, and financial services. It is structured to trade on the NYSE American exchange, enabling investors to gain intraday access to a diversified high-yield portfolio.

In managing its portfolio, the fund adheres to a disciplined credit research process that evaluates issuers’ fundamentals, cash flow profiles, and relative valuations.