Lazard Asset Management LLC Acquires Shares of 100,000 Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY)

Lazard Asset Management LLC purchased a new stake in Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHYGet Rating) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 100,000 shares of the real estate investment trust’s stock, valued at approximately $247,000.

Several other large investors have also bought and sold shares of the company. Envestnet Asset Management Inc. raised its holdings in shares of Credit Suisse High Yield Bond Fund by 5.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 914,606 shares of the real estate investment trust’s stock valued at $2,259,000 after purchasing an additional 48,633 shares in the last quarter. LPL Financial LLC raised its holdings in shares of Credit Suisse High Yield Bond Fund by 14.6% in the 3rd quarter. LPL Financial LLC now owns 657,875 shares of the real estate investment trust’s stock valued at $1,625,000 after purchasing an additional 83,683 shares in the last quarter. FourThought Financial LLC raised its holdings in shares of Credit Suisse High Yield Bond Fund by 12.9% in the 3rd quarter. FourThought Financial LLC now owns 350,547 shares of the real estate investment trust’s stock valued at $865,000 after purchasing an additional 40,107 shares in the last quarter. Shaker Financial Services LLC raised its stake in shares of Credit Suisse High Yield Bond Fund by 28.8% during the 4th quarter. Shaker Financial Services LLC now owns 292,686 shares of the real estate investment trust’s stock worth $723,000 after acquiring an additional 65,372 shares in the last quarter. Finally, Fiera Capital Corp raised its stake in shares of Credit Suisse High Yield Bond Fund by 2.8% during the 4th quarter. Fiera Capital Corp now owns 247,143 shares of the real estate investment trust’s stock worth $610,000 after acquiring an additional 6,773 shares in the last quarter. Institutional investors and hedge funds own 25.19% of the company’s stock.

NYSEAMERICAN DHY opened at $1.94 on Friday. Credit Suisse High Yield Bond Fund, Inc. has a 52 week low of $1.94 and a 52 week high of $2.57.

The company also recently disclosed a monthly dividend, which will be paid on Monday, May 23rd. Investors of record on Tuesday, May 17th will be paid a dividend of $0.0155 per share. The ex-dividend date is Monday, May 16th. This represents a $0.19 annualized dividend and a dividend yield of 9.59%.

Credit Suisse High Yield Bond Fund Company Profile (Get Rating)

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.

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Institutional Ownership by Quarter for Credit Suisse High Yield Bond Fund (NYSEAMERICAN:DHY)

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