Charles Gerber, serving as a trustee for the Credit Suisse High Yield Credit Fund (NYSE: DHY), executed a purchase of 16,000 common shares on April 16, 2026. The buy was completed at $1.88 per share, resulting in a total reported transaction value of $30,080.
At the time of the transaction the fund was trading roughly 3% above its 52-week low of $1.82. DHY carries a market capitalization near $195 million and offers a reported dividend yield of 9.89%.
Information from InvestingPro, which tracks the fund, indicates DHY has continued to pay dividends for 29 consecutive years. That metric was highlighted alongside the trustee purchase and the fund’s pricing and yield profile.
In related developments involving the broader Credit Suisse integration, UBS said it is nearing the final steps of migrating former Credit Suisse clients onto its own systems. Switzerland Country Head Sabine Keller-Busse was quoted as saying only one event remains in the migration process.
UBS plans to begin shutting down Credit Suisse systems at the end of March, with the full migration and shutdown process expected to be completed by the end of 2026. The bank has characterized the work as part of ongoing efforts to integrate Credit Suisse operations, streamline systems, and improve operational efficiency.
Those integration milestones and the size of the project have drawn investor attention because of the scale and potential impact on market participants connected to Credit Suisse and UBS operations.
The trustee purchase, the fund’s valuation metrics, its long dividend history as reported by InvestingPro, and the UBS migration timeline together form the factual basis for monitoring DHY and related market developments. Investors and market observers are noted in the reporting as closely watching these changes given their scale and potential market relevance.