1,045,398 Shares in Credit Suisse High Yield Bond Fund, Inc. $DHY Bought by Rareview Capital LLC

Rareview Capital LLC acquired a new position in Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 1,045,398 shares of the real estate investment trust’s stock, valued at approximately $1,861,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in DHY. Commonwealth Equity Services LLC grew its position in shares of Credit Suisse High Yield Bond Fund by 522.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 415,826 shares of the real estate investment trust’s stock worth $832,000 after buying an additional 349,002 shares during the period. Invesco Ltd. increased its stake in shares of Credit Suisse High Yield Bond Fund by 26.9% in the 2nd quarter. Invesco Ltd. now owns 1,248,454 shares of the real estate investment trust’s stock worth $2,659,000 after acquiring an additional 264,382 shares in the last quarter. Fiera Capital Corp lifted its position in Credit Suisse High Yield Bond Fund by 47.3% during the 4th quarter. Fiera Capital Corp now owns 611,983 shares of the real estate investment trust’s stock valued at $1,224,000 after acquiring an additional 196,469 shares during the period. Wells Fargo & Company MN lifted its position in Credit Suisse High Yield Bond Fund by 17.5% during the 4th quarter. Wells Fargo & Company MN now owns 608,262 shares of the real estate investment trust’s stock valued at $1,217,000 after acquiring an additional 90,611 shares during the period. Finally, Integrated Advisors Network LLC lifted its position in Credit Suisse High Yield Bond Fund by 129.4% during the 1st quarter. Integrated Advisors Network LLC now owns 97,380 shares of the real estate investment trust’s stock valued at $185,000 after acquiring an additional 54,926 shares during the period.

Credit Suisse High Yield Bond Fund Price Performance

NYSEAMERICAN:DHY opened at $1.69 on Friday. Credit Suisse High Yield Bond Fund, Inc. has a one year low of $1.69 and a one year high of $2.13. The company’s 50-day simple moving average is $1.74 and its 200 day simple moving average is $1.80.

Shares of Credit Suisse High Yield Bond Fund are scheduled to reverse split before the market opens on Wednesday, September 30th. The 1-10 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Tuesday, September 29th.

Credit Suisse High Yield Bond Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 16th will be given a $0.0155 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 11.0%. The ex-dividend date of this dividend is Wednesday, September 16th.

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.