Credit Suisse High Yield Bond Fund:DHY

    Manage Alerts

    Overview

    As of 9/25/2020

     Share
    Price
    NAVPremium/
    Discount
    Current$2.11$2.39-11.72%
    52 Wk Avg$2.21$2.38-7.66%
    52 Wk High$2.58$2.620.79%
    52 Wk Low$1.28$1.87-25.12%
    Regular Distribution TypeIncome Only
    Distribution Rate9.38%
    Distribution Amount$0.0165
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund will invest at least 65% of its total assets in fixed income securities of US issuers rated below investment grade quality or in unrated income securities that are judged to be of comparable quality. The primary objective is to seek high current income with a secondary objective of capital appreciation. Up to 30% of its total assets may be invested in securities of issuers domiciled outside the US or that are denominated in various foreign currencies or multinational foreign currency units. It may use leverage and derivative financial instruments. Effective 01-May-07 the Fund may invest in and sell credit default swaps at the discretion of the portfolio manager.

    Capital Structure

    As of 9/25/2020

    Total Investment Exposure:$347.500M
    Total Common Assets:$247.383M
    Common Shares Outstanding:103,507,402
    Leverage

    As of 9/25/2020

    Preferred Share Assets:
    Total Debt (USD): $100.117M
    Regulatory Leverage (USD): $97.000M
    Effective Leverage (USD): $100.117M
    Effective Leverage (%): 28.81%
    Annual Expense Ratios

    As of 10/31/2019

      Per Common Share
    Management Fees1.30%
    Other Expenses:0.07%
    Baseline Expense: N/A
    Interest Expense:1.33%
    Total: 2.70%
    Fund Management

    Fund Sponsor
    Credit Suisse AG

    Portfolio Managers
    Thomas J. Flannery, Wing Chan

    Basics
    Category: Fixed Income - Taxable-High Yield
    Ticker: DHY
    NAV Ticker: XDHYX
    Average Daily Volume (shares): 1,249,985
    Average Daily Volume (USD): $2.561M
    Inception Date: 7/31/1998
    Inception Share Price: $10.00
    Inception NAV: $9.98
    Tender Offer: No
    Term: No
    Fiscal Year End: October 31
    Third Party Links & Reports

    Distributions

    As of 9/25/2020

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 4/30/2020
    $0.0944
    Annualized Distribution Rate on NAV:
    As of 9/25/2020
    8.28%
    Total Return on NAV (12 months):
    As of 9/25/2020
    2.21%
    Avg. Portfolio Coupon:
    As of 9/25/2020
    6.64%
    Total % Portfolio Effectively Leveraged:
    As of 9/25/2020
    28.81%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 9/25/2020

    PeriodAvg Discount
    6 Month-11.74%
    1 Year-7.66%
    3 Year-4.31%
    5 Year-3.73%
    Z-Score

    As of 9/25/2020

    PeriodZStat
    3 Month0.09
    6 Month0.02
    1 Year-0.77
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 8/31/2020
    Category: Morningstar US CEF High Yield

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-10.44%-1.45%-7.65%-3.50%
    201926.19%16.90%21.79%13.91%
    2018-16.08%-4.29%-5.54%-2.01%
    201717.16%13.79%9.77%9.23%
    201632.09%24.72%19.94%16.22%
    2015-8.86%-6.79%-4.93%-4.43%
    20140.20%1.34%2.04%2.36%
    20136.20%12.14%2.61%9.80%
    201223.75%22.99%16.41%20.47%
    201111.17%5.47%11.14%4.54%
    201013.88%19.41%19.84%18.51%
    2009119.82%81.45%72.15%54.64%
    2008-45.13%-46.19%-39.79%-40.39%
    2007-12.46%-1.41%  
    20067.24%15.03%  
    2005-4.41%-0.07%  
    20049.50%18.85%  
    200347.64%37.45%  
    2002-4.05%-1.79%  
    200112.72%0.44%  
    2000-6.07%-22.78%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 8/31/2020
    Category: Morningstar US CEF High Yield

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 9/25/2020
    6.64%
    Number of Holdings:
    As of 8/31/2020
    262
    Annual Portfolio Turnover:
    As of 10/31/2019
    32.00%
    Average Bond Price:
    As of 8/31/2020
    $99.43
    Asset Allocation

    As of 8/31/2020 reported by Fund Sponsor

    Top Sectors

    As of 8/31/2020 reported by Fund Sponsor

    Sector%Portfolio
    Corporate (Super Sector)90.06%
    Corporate Bond65.48%
    Bank Loan24.55%
    Cash Equivalents (Super Sector)7.04%
    Cash Equivalents7.04%
    Securitized (Super Sector)2.10%
    Asset Backed2.10%
    Sensitive (Super Sector)0.10%
    Energy0.08%
    Convertible0.04%
    Top Holdings

    As of 8/31/2020 reported by Fund Sponsor

    HoldingValue% Portfolio
    Solera, LLC / Solera Finance, Inc. 10.5%$4.17M1.21%
    Compass Group Diversified Holdings LLC 8%$3.93M1.14%
    Euramax International, Inc. 12%$3.83M1.11%
    Panther BF Aggregator 2 LP / Panther Finance Company Inc 8.5%$3.65M1.06%
    Taseko Mines Limited 8.75%$3.62M1.05%
    ACRISURE LLC / ACRISURE FIN INC 7%$3.59M1.04%
    Trimas Corporation 4.88%$3.46M1.00%
    PriSo Acquisition Corp. 9%$3.38M0.98%
    ZIGGO B.V. 5.5%$3.08M0.89%
    Speedway Motorsports LLC / Speedway Funding II Inc 4.88%$2.99M0.87%
    Maturity Breakdown

    As of 8/31/2020 reported by Fund Sponsor

    Country Allocation

    As of 8/31/2020 reported by Fund Sponsor

    Country% Portfolio
    United States - Fixed Income53.30%
    Others - Fixed Income3.89%
    Canada - Fixed Income3.32%
    United Kingdom - Fixed Income1.80%
    Netherlands - Fixed Income1.64%
    France - Fixed Income0.91%
    Greece - Fixed Income0.70%
    Ireland - Fixed Income0.69%
    Belgium - Fixed Income0.50%
    Germany - Fixed Income0.39%
    United States - Equity0.15%
    Others - Equity0.00%
    Hong Kong - Equity0.00%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    EWB-1014244PR-E1119W