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DHY: The High Yield Isn't Worth The Risk (Rating Downgrade)Seeking Alpha · Jul 28, 2026Managed by Credit Suisse Asset Management, LLC, the Credit Suisse High Yield Bond Fund, Inc. is a closed-end mutual fund focused on fixed income investments. It primarily allocates capital within the U.S. fixed income markets, acquiring securities from companies across diverse sectors. A significant portion of its portfolio comprises below-investment-grade corporate bonds, characterized by an average credit quality lower than BBB as rated by Standard & Poor's, and an average duration of 5.07 years.