First Trust Amends Credit Suisse High Yield Bond Fund Stake
Ticker: DHY · Form: SC 13G/A · Filed: Jan 19, 2024 · CIK: 1061353
| Field | Detail |
|---|---|
| Company | Credit Suisse High Yield Bond Fund (DHY) |
| Form Type | SC 13G/A |
| Filed Date | Jan 19, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, fund-holdings
TL;DR
**First Trust just updated their stake in Credit Suisse High Yield Bond Fund.**
AI Summary
First Trust Portfolios L.P., along with First Trust Advisors L.P. and The Charger Corporation, filed an amended Schedule 13G/A on January 19, 2024, indicating their ownership of Common stock in the Credit Suisse High Yield Bond Fund. This filing, Amendment No. 18, updates their previous disclosures as of December 31, 2023. This matters to investors because it shows a significant institutional holder's continued, though potentially adjusted, stake in the fund, which can influence market perception and liquidity.
Why It Matters
This filing updates the public record on a major institutional investor's holdings, providing transparency on who owns a significant portion of the fund's shares.
Risk Assessment
Risk Level: low — This is a routine amendment filing by an institutional investor, not indicating any immediate or significant risk.
Analyst Insight
Investors should note that First Trust continues to hold a significant position in the Credit Suisse High Yield Bond Fund, indicating their ongoing confidence or strategic interest. While this filing doesn't detail specific changes in share count, it confirms their status as a major holder as of December 31, 2023.
Key Players & Entities
- First Trust Portfolios L.P. (company) — Reporting Person
- First Trust Advisors L.P. (company) — Reporting Person
- The Charger Corporation (company) — Reporting Person
- Credit Suisse High Yield Bond Fund (company) — Subject Company (Issuer)
- December 31, 2023 (date) — Date of event requiring filing
- January 19, 2024 (date) — Filing date
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amended Schedule 13G, specifically Amendment No. 18, filed under Rule 13d-1(b) of the Securities Exchange Act of 1934.
Who are the reporting persons in this filing?
The reporting persons are First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation, all based in Illinois.
What is the subject company of this filing?
The subject company, also known as the Issuer, is the Credit Suisse High Yield Bond Fund, with CIK 0001061353.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Common class of securities of the Credit Suisse High Yield Bond Fund is 22544F103.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 19, 2024 by First Trust Portfolios L.P. regarding CREDIT SUISSE HIGH YIELD BOND FUND (DHY).