Credit Suisse High Yield Bond Fund, Inc. (DHY)
| Market Value | 228.77M |
| Revenue (ttm) | 26.55M |
| Net Income (ttm) | 26.90M |
| Shares Out | 103.51M |
| EPS (ttm) | 0.26 |
| PE Ratio | 8.50 |
| Forward PE | n/a |
| Dividend | $0.19 (8.42%) |
| Ex-Dividend Date | Oct 16, 2024 |
| Volume | 315,866 |
| Open | 2.220 |
| Previous Close | 2.230 |
| Day's Range | 2.210 - 2.220 |
| 52-Week Range | 1.780 - 2.270 |
| Beta | 0.71 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About DHY
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. It focuses factors like financial condition, cash flow and borrowing requirements, value of a... [Read more]
News
DHY: Narrow Credit Spreads Could Pose A Risk To The Fund's Assets
The Credit Suisse High Yield Bond Fund offers a 9.07% distribution yield, comparable to other closed-end junk bond funds. The fund has outperformed both the Bloomberg U.S. Aggregate Bond Index and the...
How To Tap Steady 9%+ Payouts As The Bond Market Booms
It's no secret that corporate bonds are booming. But what might come as a surprise to some folks is that we're not too late to get in.
DHF Vs. DHY: High Yield Plays At Attractive Discounts
Credit Suisse High Yield Bond Fund and BNY Mellon High Yield Strategies Fund offer high monthly distributions and are trading at attractive discounts. Both funds utilize leverage to increase their pot...
DHY: There Could Be A Good Argument For Buying This Junk Bond CEF Today
The Credit Suisse High Yield Bond closed-end fund aims to provide a high yield to income-seeking investors through investments in speculative-grade bonds. The DHY fund's current yield of 9.64% is high...
CEF Weekly Review: CEF Launch Date Doesn't Matter (For Income)
We review CEF market valuation and performance through the second week of November and highlight recent market action. Most CEF sectors struggled during the week, with only Muni sectors finishing in t...
CEF Weekly Review: Performance Is The Distribution Anchor For Equity CEFs
We review CEF market valuation and performance through the second week of October and highlight recent market action. CEFs had a good week; however, discount action remains depressed. Equity CEFs have...
DHY: Junk Bonds Appear Overvalued, But This Fund Is A Good Way To Play Them
The Credit Suisse High Yield Bond Fund offers a high level of income with a current yield of 9.79%, higher than most other options in the market. The fund has underperformed the American high yield bo...
CIK And DHY: Why These Corporate Bond CEFs Belong In Most Income Portfolios
We highlight our strategy of allocating to a pair of sister High Yield corporate bond CEFs Credit Suisse Asset Management Income Fund, Inc and Credit Suisse High Yield Bond across our portfolios. Spec...
CEF Weekly Review: Term CEFs Continue To Be Misunderstood
We review CEF market valuation and performance through the third week of May and highlight recent market action. CEFs were mostly down on the week as rising Treasury yields were the key headwind.
CEF Weekly Review: The Key Difference Between Accounting Income And Cash Flow
We review CEF market valuation and performance through the first week of April and highlight recent market action. CEFs had a fairly flat week with higher-quality / longer-duration sectors outperformi...
Market Volatility Opens Up More CEF Relative Value Opportunities
Recent market volatility has opened up valuation divergences between very similar CEFs, creating opportunities for switches or outright holds. This offers income investors an opportunity to pick up ad...
DHY: High Yield CEF Surviving The Credit Suisse Association
Credit Suisse High Yield Bond is a fixed-income closed-end fund. The CEF has a moderate 33% leverage ratio and a very large discount to NAV of -11%.
DHY: This 9.8%-Yielding Bond CEF Is A Consistent Outperformer
Corporate bonds have performed strongly so far this year, outperforming bank loans, as Treasury yields continue to move lower. Credit Suisse High Yield Bond Fund allocates primarily to high-yield corp...
CEF Weekly Review: Distribution Cuts Pick Up Where 2022 Left Off
We review CEF market valuation and performance through the first week of January and highlight recent market action. The CEF market had a strong start to the year, supported by higher stocks and lower...
DHY: High Yield But High Return Variability
The DHY fund aims to provide high current income from junk bonds and loan investments. It has an attractive 9.9% current yield on market price.
DHY: Fixed Income CEF Overweight HY Bonds, 8.27% Yield
DHY is a fixed income CEF that is currently overweight HY bonds (more than 70% of holdings).
'High-High-Low' Closed-End Fund Report, February 2022: ARDC, HYB, JRI Buy Ratings Affirmed
Only funds with yields over 6.5%, coverage higher than 85% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.
CEF Weekly Market Review: Market Takes July Off
We review CEF market valuation and performance over the last week of July and highlight recent market events. July CEF returns were wrapped around zero in aggregate as higher NAVs were offset by wider...
CEF Income Margin-Of-Safety Opportunities
With valuations tightening and a number of risks on the radar, it makes sense to take a margin-of-safety approach to income portfolios. In this margin-of-safety installment, we discuss allocating to f...
CEF Analysis: High-Yield Sector Update
The high-yield CEF sector has done well though not as well as other sectors in terms of discount returns in the last month (+1.3%). The sector as a whole is near its long-term fair value with a discou...
High Yield CEF Sector Update
We take a look at the high-yield CEF sector which enjoys an above average yield across the CEF space and a still reasonable discount valuation.
'High-High-Low' Closed-End Fund Report, (Belated) January 2021
Only funds with yield over 7.5%, coverage higher than 90% and trading at a discount are considered. Top lists of discount, yield, DxY and DxYxZ are given. The top DxYxZ funds are DSL, HPI, and HPF.
Some Cheap 'Convergence Trade' Opportunities
Some Cheap 'Convergence Trade' Opportunities
5 Best CEFs To Buy This Month (June 2020)
During the last few months, most closed-end funds have been hit hard. Moreover, their recovery had lagged the broader market, but more recently, they have been catching up.