Wolverine Asset Management LLC Purchases New Position in Credit Suisse High Yield Bond Fund, Inc. $DHY

Wolverine Asset Management LLC acquired a new position in Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 178,814 shares of the real estate investment trust’s stock, valued at approximately $381,000. Wolverine Asset Management LLC owned about 0.17% of Credit Suisse High Yield Bond Fund at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Sheaff Brock Investment Advisors LLC lifted its stake in Credit Suisse High Yield Bond Fund by 33.3% in the first quarter. Sheaff Brock Investment Advisors LLC now owns 20,000 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 5,000 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in Credit Suisse High Yield Bond Fund by 13.4% in the second quarter. Janney Montgomery Scott LLC now owns 141,929 shares of the real estate investment trust’s stock worth $302,000 after purchasing an additional 16,800 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in Credit Suisse High Yield Bond Fund in the first quarter worth about $54,000. Brookwood Investment Group LLC bought a new stake in Credit Suisse High Yield Bond Fund in the first quarter worth about $88,000. Finally, Invesco Ltd. lifted its stake in Credit Suisse High Yield Bond Fund by 12.4% in the first quarter. Invesco Ltd. now owns 984,072 shares of the real estate investment trust’s stock worth $2,086,000 after purchasing an additional 108,703 shares during the last quarter.

Credit Suisse High Yield Bond Fund Price Performance

Shares of NYSEAMERICAN DHY opened at $2.09 on Monday. Credit Suisse High Yield Bond Fund, Inc. has a 1 year low of $1.82 and a 1 year high of $2.24. The firm has a 50-day simple moving average of $2.09 and a two-hundred day simple moving average of $2.08.

Credit Suisse High Yield Bond Fund Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, October 22nd. Shareholders of record on Wednesday, October 15th were paid a $0.0155 dividend. The ex-dividend date of this dividend was Wednesday, October 15th. This represents a c) annualized dividend and a yield of 8.9%.

Credit Suisse High Yield Bond Fund Company 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.