Laura A. DeFelice, Trustee and Chair of the Board at Credit score Suisse Excessive Yield Bond Fund (NYSE:DHY), has acquired a big variety of widespread shares within the firm. In accordance with a current SEC submitting, DeFelice bought 56,801 shares at a value of $2.13 per share, close to the fund’s 52-week buying and selling vary of $1.93 to $2.27. The whole worth of this transaction quantities to roughly $120,986. The fund, which boasts a powerful 8.7% dividend yield, has demonstrated sturdy efficiency with a 19.4% whole return over the previous yr. Following this acquisition, DeFelice now owns a complete of 66,653 shares straight. This transaction highlights a notable improve in her holdings within the fund, which maintains a wonderful monetary well being rating in keeping with InvestingPro evaluation. The fund has maintained dividend funds for 28 consecutive years, making it notably engaging for income-focused buyers. For extra detailed insights and extra ProTips about DHY’s efficiency and outlook, subscribers can entry the complete evaluation on InvestingPro.
This text was generated with the help of AI and reviewed by an editor. For extra data see our T&C.
Why California Fuel Costs Are the Highest in America By Vance Ginn, The Each day…
Within the US, nationwide safety has been cited by proponents of protectionism for all kinds…
Wall Avenue Journal editor Matthew Hennessey rightly criticized Vice President JD Vance’s assertion that the…
Co-blogger Jon Murphy, in “Why Should Individuals Pay Tariffs?” Could 29, 2025, factors out that…
Life is Product of Commerce With out commerce, life extra complicated than micro organism couldn't…
ECONLOG POST Jun 3 2025 homelessness, poverty Does Poverty Trigger Homelessness? I like wanting on…