Credit Suisse High Yield Bond Fund, Inc.

Frequently Asked Questions About DHY

What does DHY invest in?

Managed by Credit Suisse Asset Management, LLC, the Credit Suisse High Yield Bond Fund, Inc. is a closed-end mutual fund focused on fixed income investments. It primarily allocates capital within the U.S. fixed income markets, acquiring securities from companies across diverse sectors. A significant portion of its portfolio comprises below-investment-grade corporate bonds, characterized by an average credit quality lower than BBB as rated by Standard & Poor's, and an average duration of 5.07 years. The fund's investment selection process involves a thorough evaluation of factors including financial condition, cash flow generation, borrowing requirements, the value of assets relative to their cost, the strength of its management team, responsiveness to prevailing business conditions, overall credit standing, and anticipated operational results. Its performance is measured against the BofA Merrill Lynch High Yield Master II Constrained Index. The fund was established in the United States on July 31, 1998.

What is the expense ratio of DHY?

Credit Suisse High Yield Bond Fund, Inc. (DHY) charges an expense ratio of 3.80%. This is the annual fee deducted from fund assets to cover management and operations.

What is DHY's dividend yield?

DHY's trailing-twelve-month yield is 11.51%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of DHY?

Effective duration measures DHY's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. DHY's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of DHY?

DHY's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of DHY?

Yield to maturity (YTM) is the total return you'd earn from DHY if every bond in the portfolio is held to maturity at the current price. DHY's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.