DHY - Credit Suisse High Yield Credit Fund
A closed-end fund run by UBS Asset Management (Americas). Invests in high-yield bonds. Listed on the New York Stock Exchange.
Is anyone targeting this fund?
Yes - one large investor holds a stake, but it has not asked for changes.
- Sit Investment owns 12.9% as a passive investor. On file since Feb 12, 2024.
Is the fund doing anything you need to act on?
Nothing right now.
What this means for you
One or more large investors own more than 5% of this fund but have told the regulator they are not seeking changes. That is common for banks, brokers and index funds that hold shares for their clients.
Nothing is required of you. If an investor changes its mind, it must file a new notice within days, and it will show up here.
What happened, and when
-
June 4, 2026
Sit Investment raised its stake to 12.9% (from 4.8%), as a passive investor.
Original document → -
April 21, 2026
The fund offered holders the right to buy more shares, until May 14, 2026.
Original document → -
April 2, 2026
The fund said it may sell new shares.
Original document → -
Dec 19, 2025
The fund said it may sell new shares.
Original document → -
March 5, 2024
Sit Investment sold down below 5% and stopped reporting.
Original document →
Show all 6 events
-
Feb 12, 2024
Sit Investment now owns 6.2%, as a passive investor.
Original document →
About this fund
- Run by UBS Asset Management (Americas) LLC. As of Oct 31, 2025, from the fund's yearly report. Original document →
- Size: about $211 million of holdings, as of April 30, 2026. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
- Borrowing: the fund borrows about 31% on top of its own money, as of April 30, 2026. Borrowed money makes gains and losses bigger. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
- Costs: 1.3% a year in management fees; 3.6% a year in total, including interest on borrowed money. Fiscal year ended Oct 31, 2025. As of Oct 31, 2025, from the fund's yearly report. Original document →
- Payouts: last fiscal year (ended Oct 31, 2025) the fund paid $0.19 a share. $0.18 of that was income; $0.01 was your own money back, not income. As of Oct 31, 2025, from the fund's annual report. Original document →
- Value of holdings per share at the last fiscal year end (Oct 31, 2025): $2.14. The shares traded at $2.09, about 2.3% below that. As of Oct 31, 2025, from the fund's yearly report. Original document →
- How the holdings did: down 10.2% over the last three months we have (Feb-April 2026), before the share price is taken into account. Over the last 12 months: -4.9%. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
- How the holdings did over the fiscal year (ended Oct 31, 2025): the value of the holdings returned +5.7%. How the share price did: the shares returned +6.6% over the same year, counting payouts and the change in the market price. As of Oct 31, 2025, from the fund's annual report. Original document →
- First reported to the regulator in 1998.
What the fund holds
Mostly bonds (78%), the rest loans, asset-backed bonds and cash and short-term holdings. About 80% issued in the U.S.
- Cash and short-term - 5.9%
- Allied Universal Holdco LLC - 1.9%
- AthenaHealth Group, Inc. - 1.6%
- SeaWorld Parks & Entertainment, Inc. - 1.5%
- Six Flags Entertainment Corp. - 1.5%
- Armor Holdco, Inc. - 1.5%
- ERO Copper Corp. - 1.4%
- CQP Holdco LP/BIP-V Chinook Holdco LLC - 1.4%
- Virtusa Corp. - 1.4%
- Ahead Db Holdings LLC - 1.3%
Show all 25
- Insight Enterprs, Insight Enterprises, Inc. - 1.3%
- Enviri Corp. - 1.3%
- AMN Healthcare, Inc. - 1.2%
- Dealer Tire Llc/Dt Issr, Dealer Tire LLC/DT Issuer LLC - 1.2%
- Trident TPI Holdings, Inc. - 1.2%
- Voyager Parent LLC - 1.2%
- Enpro, Inc. - 1.2%
- Amentum Holdings, Inc. - 1.2%
- Speedway Mot/Speedway Fd, Speedway Motorsports LLC/Speedway Funding II, Inc. - 1.1%
- Motion Bondco Dac - 1.1%
- LCM Investments Holdings II LLC - 1.1%
- TransDigm, Inc. - 1.1%
- Garrett Motion Hld/Sarl, Garrett Motion Holdings, Inc./Garrett LX I SARL - 1.1%
- MH Sub I LLC - 1%
- MasTec, Inc. - 1%
As of April 30, 2026, from the fund's quarterly holdings report. Original document →
Details: all notices, events and fund facts
| Date | Investor | Stake | Type of notice |
|---|---|---|---|
| June 4, 2026 | Sit Investment | 12.9% | Passive investor |
| March 5, 2024 | Sit Investment | 4.8% | Sold down below 5% |
| Feb 12, 2024 | Sit Investment | 6.2% | Passive investor |
| Date | What | Deadline | Document |
|---|---|---|---|
| April 21, 2026 | Offer to buy more shares | May 14, 2026 | Original document → |
| April 2, 2026 | May sell new shares | none | Original document → |
| Dec 19, 2025 | May sell new shares | none | Original document → |
- Run by
- UBS Asset Management (Americas) LLC
- Fund family
- UBSASSETMT
- Exchange
- New York Stock Exchange
- Regulator's file number
- 811-08777
- Auditor
- Ernst & Young LLP
- Fiscal year end
- Oct 31, 2025
- Number of holdings
- 338
- Preferred share classes
- none
Email me when something new is filed for DHY
Free. One email per notice or announcement, usually within a day. No password.