Insider Buying: Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) Insider Purchases 56,801 Shares of Stock

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) insider Laura A. Defelice acquired 56,801 shares of Credit Suisse High Yield Bond Fund stock in a transaction that occurred on Tuesday, January 21st. The shares were purchased at an average price of $2.13 per share, for a total transaction of $120,986.13. Following the transaction, the insider now directly owns 66,653 shares in the company, valued at $141,970.89. The trade was a 576.54 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Credit Suisse High Yield Bond Fund Stock Performance

NYSEAMERICAN:DHY opened at $2.13 on Thursday. Credit Suisse High Yield Bond Fund, Inc. has a one year low of $1.93 and a one year high of $2.27.

Credit Suisse High Yield Bond Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 24th. Investors of record on Thursday, January 16th will be issued a $0.0155 dividend. The ex-dividend date is Thursday, January 16th. This represents a $0.19 dividend on an annualized basis and a yield of 8.73%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Truist Financial Corp bought a new position in Credit Suisse High Yield Bond Fund during the second quarter worth $25,000. Integrated Advisors Network LLC bought a new stake in Credit Suisse High Yield Bond Fund during the third quarter valued at $27,000. D.A. Davidson & CO. acquired a new stake in Credit Suisse High Yield Bond Fund during the 3rd quarter worth about $39,000. Finally, Park Avenue Securities LLC raised its position in shares of Credit Suisse High Yield Bond Fund by 5.3% in the 4th quarter. Park Avenue Securities LLC now owns 486,464 shares of the real estate investment trust’s stock worth $1,041,000 after acquiring an additional 24,667 shares in the last quarter.

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.