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Credit Suisse High Yield Fund approves 1-for-10 reverse split

The fund, set to rename to UBS Asset Management High Yield Credit Fund, will implement a reverse share split effective September 2026. NYSE American ticker DHY to remain unchanged.

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Priya Anand · Equities & Earnings Desk · 20 Aug 2026 · 04:49 · 1 min read
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Credit Suisse High Yield Fund approves 1-for-10 reverse split

The Board of Trustees of the Credit Suisse High Yield Credit Fund has approved a 1-for-10 reverse share split of the fund’s common shares, with trading on a split-adjusted basis scheduled to begin prior to the open of trading on September 30, 2026.

Shareholders of record as of the close of business on September 29, 2026, will be eligible for the adjustment. The fund will continue trading on the NYSE American under its existing ticker symbol DHY, while its CUSIP number will change from 22544F103 to 22544F202. Fractional shares will not be issued; instead, they will be aggregated and sold on the NYSE American by the fund’s transfer agent, Computershare Trust Company, N.A., with proceeds distributed pro rata to eligible shareholders after deducting customary fees and expenses.

The fund also announced a name change to UBS Asset Management High Yield Credit Fund, effective September 4, 2026. UBS Asset Management (Americas) LLC serves as the fund’s investment adviser, operating within the Asset Management division of UBS Group AG.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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