Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY - Get Free Report)'s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.83 and traded as low as $1.75. Credit Suisse High Yield Bond Fund shares last traded at $1.75, with a volume of 465,572 shares trading hands.
Credit Suisse High Yield Bond Fund Stock Performance
The company's 50-day moving average price is $1.75 and its 200 day moving average price is $1.83.
Credit Suisse High Yield Bond Fund Dividend Announcement
The firm also recently announced a monthly dividend, which will be paid on Monday, August 24th. Shareholders of record on Monday, August 17th will be issued a dividend of $0.0155 per share. This represents a c) dividend on an annualized basis and a yield of 10.6%. The ex-dividend date of this dividend is Monday, August 17th.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the business. Rockefeller Capital Management L.P. bought a new stake in shares of Credit Suisse High Yield Bond Fund during the 4th quarter valued at $40,000. WealthTrust Asset Management LLC bought a new position in Credit Suisse High Yield Bond Fund in the 1st quarter worth $41,000. Landscape Capital Management L.L.C. bought a new position in Credit Suisse High Yield Bond Fund in the 4th quarter worth $51,000. Osaic Holdings Inc. lifted its position in Credit Suisse High Yield Bond Fund by 227.2% during the second quarter. Osaic Holdings Inc. now owns 24,628 shares of the real estate investment trust's stock valued at $52,000 after purchasing an additional 17,101 shares in the last quarter. Finally, Winter & Associates Inc. purchased a new position in Credit Suisse High Yield Bond Fund during the fourth quarter valued at $53,000.
Credit Suisse High Yield Bond Fund Company Profile
(
Get Free Report)
The Credit Suisse High Yield Bond Fund NYSEAMERICAN: DHY is a closed-end management investment company that seeks to provide investors with high current income by primarily investing in below-investment-grade, U.S. dollar-denominated corporate debt securities. The fund offers exposure to a broad array of high-yield bonds issued by companies across various sectors, including industrials, communications, and financial services. It is structured to trade on the NYSE American exchange, enabling investors to gain intraday access to a diversified high-yield portfolio.
In managing its portfolio, the fund adheres to a disciplined credit research process that evaluates issuers' fundamentals, cash flow profiles, and relative valuations.
Further Reading
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