Credit Suisse High Yield Bond Fund Announces Annual Meeting of Shareholders
Ticker: DHY · Form: DEF 14A · Filed: Mar 15, 2024 · CIK: 1061353
| Field | Detail |
|---|---|
| Company | Credit Suisse High Yield Bond Fund (DHY) |
| Form Type | DEF 14A |
| Filed Date | Mar 15, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $1,500, $1, $10,000, $10,001, $50,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: Proxy Statement, Annual Meeting, Trustee Election, Credit Suisse, High Yield Bond Fund
TL;DR
<b>Credit Suisse High Yield Bond Fund will hold its Annual Shareholder Meeting on April 25, 2024, to elect two Trustees.</b>
AI Summary
CREDIT SUISSE HIGH YIELD BOND FUND (DHY) filed a Proxy Statement (DEF 14A) with the SEC on March 15, 2024. The Annual Meeting of Shareholders for Credit Suisse High Yield Bond Fund (DHY) will be held on April 25, 2024, at 4:00 p.m. ET. The meeting will take place at the offices of Credit Suisse Asset Management, LLC, Eleven Madison Avenue, New York. The primary purpose of the meeting is to elect two (2) Trustees of the Fund. The Board of Trustees recommends voting 'FOR' the election of the proposed Trustees. The record date for determining shareholders entitled to vote is March 14, 2024.
Why It Matters
For investors and stakeholders tracking CREDIT SUISSE HIGH YIELD BOND FUND, this filing contains several important signals. Shareholders have the opportunity to influence the governance of the fund by voting on the election of Trustees. The outcome of the Trustee election can impact the fund's future strategy and management.
Risk Assessment
Risk Level: low — CREDIT SUISSE HIGH YIELD BOND FUND shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting and does not contain significant new financial information or strategic shifts, indicating low immediate risk.
Analyst Insight
Shareholders should review the proxy materials and vote on the election of Trustees by the meeting date.
Key Numbers
- 2 — Trustees to be Elected (Proposal at the Annual Meeting)
- April 25, 2024 — Annual Meeting Date (Date of Shareholder Meeting)
- 4:00 p.m. ET — Meeting Time (Time of Shareholder Meeting)
- March 14, 2024 — Record Date (Date to determine shareholder eligibility to vote)
Key Players & Entities
- CREDIT SUISSE HIGH YIELD BOND FUND (company) — Registrant and Fund Name
- DHY (company) — Ticker Symbol
- April 25, 2024 (date) — Date of Annual Meeting
- Credit Suisse Asset Management, LLC (company) — Location of Meeting
- Eleven Madison Avenue (location) — Address of Meeting
- March 14, 2024 (date) — Record Date for Voting
FAQ
When did CREDIT SUISSE HIGH YIELD BOND FUND file this DEF 14A?
CREDIT SUISSE HIGH YIELD BOND FUND filed this Proxy Statement (DEF 14A) with the SEC on March 15, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by CREDIT SUISSE HIGH YIELD BOND FUND (DHY).
Where can I read the original DEF 14A filing from CREDIT SUISSE HIGH YIELD BOND FUND?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by CREDIT SUISSE HIGH YIELD BOND FUND.
What are the key takeaways from CREDIT SUISSE HIGH YIELD BOND FUND's DEF 14A?
CREDIT SUISSE HIGH YIELD BOND FUND filed this DEF 14A on March 15, 2024. Key takeaways: The Annual Meeting of Shareholders for Credit Suisse High Yield Bond Fund (DHY) will be held on April 25, 2024, at 4:00 p.m. ET.. The meeting will take place at the offices of Credit Suisse Asset Management, LLC, Eleven Madison Avenue, New York.. The primary purpose of the meeting is to elect two (2) Trustees of the Fund..
Is CREDIT SUISSE HIGH YIELD BOND FUND a risky investment based on this filing?
Based on this DEF 14A, CREDIT SUISSE HIGH YIELD BOND FUND presents a relatively low-risk profile. The filing is a routine proxy statement for an annual meeting and does not contain significant new financial information or strategic shifts, indicating low immediate risk.
What should investors do after reading CREDIT SUISSE HIGH YIELD BOND FUND's DEF 14A?
Shareholders should review the proxy materials and vote on the election of Trustees by the meeting date. The overall sentiment from this filing is neutral.
How does CREDIT SUISSE HIGH YIELD BOND FUND compare to its industry peers?
The Credit Suisse High Yield Bond Fund operates within the regulated investment company sector, focusing on high-yield debt instruments.
Are there regulatory concerns for CREDIT SUISSE HIGH YIELD BOND FUND?
The filing is made under the Securities Exchange Act of 1934, specifically Schedule 14A, governing proxy solicitations for public companies and registered investment companies.
Risk Factors
- Compliance with SEC Regulations [low — regulatory]: The fund must comply with all SEC regulations regarding proxy solicitations and shareholder meetings, including timely filing of this DEF 14A.
- Shareholder Participation [low — operational]: The effectiveness of the annual meeting depends on sufficient shareholder participation and voting on the proposed Trustee elections.
Industry Context
The Credit Suisse High Yield Bond Fund operates within the regulated investment company sector, focusing on high-yield debt instruments.
Regulatory Implications
The filing is made under the Securities Exchange Act of 1934, specifically Schedule 14A, governing proxy solicitations for public companies and registered investment companies.
What Investors Should Do
- Review the proxy statement for details on the Trustee candidates.
- Vote your shares by the deadline to ensure your voice is heard on Trustee elections.
- Confirm your shareholder status based on the March 14, 2024 record date.
Key Dates
- 2024-04-25: Annual Meeting of Shareholders — Election of Trustees and other business.
- 2024-03-14: Record Date — Determines shareholders eligible to vote at the Annual Meeting.
Year-Over-Year Comparison
This is a DEF 14A filing for the annual meeting, which is a standard procedural document. No prior filing details are provided for comparison.
Filing Stats: 4,810 words · 19 min read · ~16 pages · Grade level 13.1 · Accepted 2024-03-15 12:04:57
Key Financial Figures
- $1,500 — ned by the Fund for a fee not to exceed $1,500 plus all reasonable out of pocket expen
- $1 — to Dollar Ranges: 10 A. None B. $1- $10,000 C. $10,001 - $50,000 D.
- $10,000 — ollar Ranges: 10 A. None B. $1- $10,000 C. $10,001 - $50,000 D. $50,001 -
- $10,001 — 10 A. None B. $1- $10,000 C. $10,001 - $50,000 D. $50,001 - $100,000 E.
- $50,000 — None B. $1- $10,000 C. $10,001 - $50,000 D. $50,001 - $100,000 E. over $10
- $50,001 — - $10,000 C. $10,001 - $50,000 D. $50,001 - $100,000 E. over $100,000 (1) T
- $100,000 — C. $10,001 - $50,000 D. $50,001 - $100,000 E. over $100,000 (1) This informa
Filing Documents
- d750412ddef14a.htm (DEF 14A) — 244KB
- g750412dsp04.jpg (GRAPHIC) — 3KB
- g750412g0315051325128.jpg (GRAPHIC) — 3KB
- g750412g81f81.jpg (GRAPHIC) — 24KB
- 0001193125-24-068844.txt ( ) — 285KB
From the Filing
DEF 14A 1 d750412ddef14a.htm CREDIT SUISSE HIGH YIELD BOND FUND Credit Suisse High Yield Bond Fund UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to 240.14a-12 CREDIT SUISSE HIGH YIELD BOND FUND (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. (1) Title of each class of securities to which transaction applies: (2) Aggregate number of securities to which transaction applies: (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): (4) Proposed maximum aggregate value of transaction: (5) Total fee paid: Fee paid previously with preliminary materials. Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. (1) Amount Previously Paid: (2) Form, Schedule or Registration Statement No.: (3) Filing Party: (4) Date Filed: CREDIT SUISSE HIGH YIELD BOND FUND Eleven Madison Avenue New York, New York 10010 (800) 293-1232 NOTICE OF ANNUAL MEETING OF SHAREHOLDERS To Be Held on April 25, 2024 T O T HE S HAREHOLDERS O F C REDIT S UISSE H IGH Y IELD B OND F UND : NOTICE IS HEREBY GIVEN that the Annual Meeting of Shareholders (the Meeting) of Credit Suisse High Yield Bond Fund (NYSE American: DHY) (the Fund) will be held at the offices of Credit Suisse Asset Management, LLC (Credit Suisse), Eleven Madison Avenue (between East 24th and 25th Streets), Floor 2B, New York, New York 10010, on Thursday, April 25, 2024, commencing at 4:00 p.m. Eastern Time. The purpose of the Meeting is to consider and act upon the following proposal and to consider and act upon such other matters as may properly come before the Meeting or any adjournments thereof: (1) To elect two (2) Trustees of the Fund. This item is discussed in greater detail in the attached Proxy Statement. The Board of Trustees of the Fund has determined that it is in the best interest of shareholders and the Fund to vote FOR the proposal. The close of business on March 14, 2024 has been fixed as the record date (the Record Date) for the determination of the shareholders of the Fund entitled to notice of, and to vote at, the Meeting. This notice and related proxy materials are first being mailed to shareholders on or about March 20, 2024. By Order of the Board of Trustees, O MAR T ARIQ Chief Executive Officer and President WHETHER OR NOT YOU PLAN TO ATTEND THE MEETING, IT IS IMPORTANT THAT YOUR SHARES BE REPRESENTED AND VOTED AT THE MEETING. ACCORDINGLY, PLEASE DATE, SIGN AND RETURN THE ENCLOSED PROXY CARD PROMPTLY. NO POSTAGE IS REQUIRED IF MAILED IN THE UNITED STATES. IT IS IMPORTANT THAT YOUR PROXY CARD BE RETURNED PROMPTLY IN ORDER TO AVOID THE ADDITIONAL EXPENSE OF FURTHER SOLICITATION. Dated: March 20, 2024 New York, New York CREDIT SUISSE HIGH YIELD BOND FUND Eleven Madison Avenue New York, New York 10010 Proxy Annual Meeting of Shareholders To Be Held on Thursday, April 25, 2024 This Proxy Meeting of Shareholders of the Fund to be held at the offices of Credit Suisse Asset Managment, LLC (Credit Suisse), Eleven Madison Avenue (between East 24th and 25th Streets), Floor 2B, New York, New York 10010 on Thursday, April 25, 2024 (commencing at 4:00 p.m. Eastern time) and at any adjournments thereof (collectively, the Meeting). A Notice of Annual Meeting of Shareholders and a proxy card (the Proxy) accompany this Proxy Statement. Proxy solicitations will be made primarily by mail, but solicitations may also be made by telephone or personal interviews conducted by officers or employees of the Fund; Credit Suisse, the investment adviser to the Fund; State Street Bank and Trust Company, the administrator of the Fund (the Administrator); or AST Fund Solutions, LLC (AST), a professional proxy solicitation firm that has been retained by the Fund for a fee not to exceed $1,500 plus all reasonable out of pocket expenses (mailings, emails, and shareholder telephone calls) incurred on behalf of the Fund. All costs of solicitation, including (a) printing and mailing of