Laura A. DeFelice, Trustee and Chair of the Board at Credit Suisse (SIX:CSGN) High Yield Bond Fund (NYSE:DHY), has acquired a significant number of common shares in the company. According to a recent SEC filing, DeFelice purchased 56,801 shares at a price of $2.13 per share, near the fund's 52-week trading range of $1.93 to $2.27. The total value of this transaction amounts to approximately $120,986. The fund, which boasts an impressive 8.7% dividend yield, has demonstrated strong performance with a 19.4% total return over the past year. Following this acquisition, DeFelice now owns a total of 66,653 shares directly. This transaction highlights a notable increase in her holdings in the fund, which maintains an excellent financial health score according to InvestingPro analysis. The fund has maintained dividend payments for 28 consecutive years, making it particularly attractive for income-focused investors. For more detailed insights and additional ProTips about DHY's performance and outlook, subscribers can access the full analysis on InvestingPro.
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