Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) Insider Laura A. Defelice Buys 56,801 Shares

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) insider Laura A. Defelice purchased 56,801 shares of the firm’s stock in a transaction on Tuesday, January 21st. The shares were acquired at an average price of $2.13 per share, with a total value of $120,986.13. Following the purchase, the insider now directly owns 66,653 shares in the company, valued at $141,970.89. This represents a 576.54 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Credit Suisse High Yield Bond Fund Stock Performance

Credit Suisse High Yield Bond Fund stock opened at $2.13 on Wednesday. Credit Suisse High Yield Bond Fund, Inc. has a fifty-two week low of $1.93 and a fifty-two week high of $2.27.

Credit Suisse High Yield Bond Fund Announces Dividend

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

Institutional Inflows and Outflows

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