-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WDLAX8NxENxlpfqfy4A93fR3ltW/uS1N1jmc8W9hZRK+2gTrgGZP+Z3xAckrNM/e 1qguHdLSYy1CcrbHFSVimQ== 0001115688-05-000045.txt : 20050629 0001115688-05-000045.hdr.sgml : 20050629 20050628175357 ACCESSION NUMBER: 0001115688-05-000045 CONFORMED SUBMISSION TYPE: NSAR-A PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20050430 FILED AS OF DATE: 20050629 DATE AS OF CHANGE: 20050628 EFFECTIVENESS DATE: 20050629 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CREDIT SUISSE HIGH YIELD BOND FUND CENTRAL INDEX KEY: 0001061353 IRS NUMBER: 134009166 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NSAR-A SEC ACT: 1940 Act SEC FILE NUMBER: 811-08777 FILM NUMBER: 05922191 BUSINESS ADDRESS: STREET 1: 277 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10172 BUSINESS PHONE: 2128926692 MAIL ADDRESS: STREET 1: 277 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10172 FORMER COMPANY: FORMER CONFORMED NAME: DLJ HIGH YIELD BOND FUND DATE OF NAME CHANGE: 19980508 NSAR-A 1 answer.fil ANSWER FILE PAGE 1 000 A000000 04/30/2005 000 C000000 0001061353 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 6.1 000 J000000 A 001 A000000 CREDIT SUISSE HIGH YIELD BOND FUND 001 B000000 811-8777 001 C000000 8002931232 002 A000000 466 LEXINGTON AVE. 002 B000000 NEW YORK 002 C000000 NY 002 D010000 10017 002 D020000 3140 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 N 007 B000000 0 007 C010100 1 007 C010200 2 007 C010300 3 007 C010400 4 007 C010500 5 007 C010600 6 007 C010700 7 007 C010800 8 007 C010900 9 007 C011000 10 008 A000001 CREDIT SUISSE ASSET MANAGEMENT, LLC 008 B000001 A 008 C000001 801-37170 008 D010001 NEW YORK 008 D020001 NY 008 D030001 10017 008 D040001 3140 010 A000001 STATE STREET BANK AND TRUST CO. 010 B000001 85-05003 010 C010001 BOSTON 010 C020001 MA 010 C030001 02110 010 A000002 DELETE 011 A000001 DELETE 012 A000001 FLEET NATIONAL BANK 012 B000001 84-00000 012 C010001 PROVIDENCE 012 C020001 RI PAGE 2 012 C030001 02940 012 C040001 3010 013 A000001 PRICEWATERHOUSECOOPERS LLP 013 B010001 PHILADELPHIA 013 B020001 PA 013 B030001 19103 014 A000001 CREDIT SUISSE ASSET MGMT SECURITIES, INC 014 B000001 8-032482 014 A000002 CREDIT SUISSE FIRST BOSTON CAPITAL, LLC 014 B000002 8-052352 014 A000003 CREDIT SUISSE FIRST BOSTON, LLC 014 B000003 8-000422 014 A000004 CREDIT SUISSE PRIVATE ADVISORS 014 B000004 8-053440 014 A000005 SWISS AMERICAN SECURITIES, INC. 014 B000005 8-017582 014 A000006 BANCO CREDIT SUISSE FIRST BOSTON (MEXICO), SA 014 B000006 8-00000 014 A000007 BANK CREDIT SUISSE FIRST BOSTON AO 014 B000007 8-00000 014 A000008 BANK HOFMANN (OVERSEAS) LIMITED 014 B000008 8-00000 014 A000009 BANK HOFMANN AG 014 B000009 8-00000 014 A000010 BANK LEU AG 014 B000010 8-00000 014 A000011 BGP BANCA DI GESTIONE PATRIMONIALE S.A. 014 B000011 8-00000 014 A000012 CASA DE BOLSA CSFB (MEXICO), S.A. 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2001 as Amended and Restated May 3, 2004 and February 14, 2005 CREDIT SUISSE HIGH YIELD BOND FUND Credit Suisse Asset Management, LLC 466 Lexington Avenue New York, New York 10017-3140 Dear Sirs: The Credit Suisse High Yield Bond Fund (the "Fund"), a Delaware business trust, herewith confirms its agreement with Credit Suisse Asset Management, LLC (the "Adviser") as follows: 1. Investment Description; Appointment The Fund desires to employ the capital of the Fund by investing and reinvesting in investments of the kind and in accordance with the limitations specified in its Agreement and Declaration of Trust, as may be amended from time to time, and in the Fund's Prospectus(es) and Statement(s) of Additional Information, if any, as from time to time in effect (the "Prospectus" and "SAI," respectively), and in such manner and to such extent as may from time to time be approved by the Board of Trustees of the Fund. Copies of the Fund's Prospectus and SAI have been or will be submitted to the Adviser. The Fund desires to employ and hereby appoint the Adviser to act as investment adviser to the Fund. The Adviser accepts the appointment and agrees to furnish the services for the compensation set forth below. 2. Services as Investment Adviser Subject to the supervision and direction of the Board of Trustees of the Fund, the Adviser will (a) act in strict conformity with the Fund's Agreement and Declaration of Trust, the Investment Company Act of 1940 (the "1940 Act") and the Investment Advisers Act of 1940, as the same may from time to time be amended, (b) manage the Fund's assets in accordance with the Fund's investment objective and policies as stated in the Fund's Prospectus and SAI, (c) make investment decisions for the Fund, (d) place purchase and sale orders for securities on behalf of the Fund, (e) exercise voting rights in respect of portfolio securities and other investments for the Fund, and (f) monitor and evaluate the services provided by the Fund's investment sub-adviser(s), if any, under the terms of the applicable investment sub-advisory agreement(s). In providing those services, the Adviser will provide investment research and supervision of the Fund's investments and conduct a continual program of investment, evaluation and, if appropriate, sale and reinvestment of the Fund's assets. In addition, the Adviser will furnish the Fund with whatever statistical information the Fund may reasonably request with respect to the securities that the Fund may hold or contemplate purchasing. 3. Brokerage In executing transactions for the Fund, selecting brokers or dealers and negotiating any brokerage commission rates, the Adviser will use its best efforts to seek the best overall terms available. In assessing the best overall terms available for any portfolio transaction, the Adviser will consider all factors it deems relevant including, but not limited to, breadth of the market in the security, the price of the security, the financial condition and execution capability of the broker or dealer and the reasonableness of any commission for the specific transaction and for transactions executed through the broker or dealer in the aggregate. In selecting brokers or dealers to execute a particular transaction and in evaluating the best overall terms available, the Adviser may consider the brokerage and research services (as those terms are defined in Section 28(e) of the Securities Exchange Act of 1934, as the same may from time to time be amended) provided to the Fund and/or other accounts over which the Adviser or an affiliate exercises investment discretion. 4. Information Provided to the Fund The Adviser will keep the Fund informed of developments materially affecting the Fund, and will, on its own initiative, furnish the Fund from time to time with whatever information the Adviser believes is appropriate for this purpose. 5. Standard of Care The Adviser shall exercise its best judgment in rendering the services listed in paragraphs 2, 3 and 4 above. The Adviser shall not be liable for any error of judgment or mistake of law or for any loss suffered by the Fund in connection with the matters to which this Agreement relates, provided that nothing herein shall be deemed to protect or purport to protect the Adviser against any liability to the Fund or to shareholders of the Fund to which the Adviser would otherwise be subject by reason of willful misfeasance, bad faith or gross negligence on its part in the performance of its duties or by reason of the Adviser's reckless disregard of its obligations and duties under this Agreement. 6. Compensation In consideration of the services rendered pursuant to this Agreement, the Fund will pay the Adviser an annual fee calculated at an annual rate of 1% of the first $250,000,000 of the average weekly value of the Fund's total assets minus the sum of accrued liabilities (other than aggregate indebtedness constituting leverage); and 0.75 of 1.00% over $250,000,000. The fee for the period from the date of this Agreement to the end of the year shall be prorated according to the proportion that such period bears to the full yearly period. Upon any termination of this Agreement before the end of a year, the fee for such part of that year shall be prorated according to the proportion that such period bears to the full yearly period and shall be payable upon the date of termination of this Agreement. For the purpose of determining fees payable to the Adviser, the value of the Fund's net assets shall be computed at the times and in the manner specified in the Fund's Prospectus or SAI. 7. Expenses The Adviser will bear all expenses in connection with the performance of its services under this Agreement, including the fees payable to any investment sub-adviser engaged pursuant to paragraph 2 of this Agreement. The Fund will bear its proportionate share of certain other expenses to be incurred in its operation, including: investment advisory and administration fees; taxes, interest, brokerage fees and commissions, if any; fees of Trustees of the Fund who are not officers, directors, or employees of the Adviser, any sub- adviser or any of their affiliates; fees of any pricing service employed to value shares of the Fund; Securities and Exchange Commission fees and state blue sky qualification fees; charges of custodians and transfer and dividend disbursing agents; the Fund's proportionate share of insurance premiums; outside auditing and legal expenses; costs of maintenance of the Fund's existence; costs attributable to investor services, including, without limitation, telephone and personnel expenses; costs of preparing and printing prospectuses and statements of additional information for regulatory purposes and for distribution to existing shareholders; costs of shareholders' reports and meetings of the shareholders of the Fund and of the officers or Board of Trustees of the Fund; and any extraordinary expenses. The Fund will be responsible for nonrecurring expenses which may arise, including costs of litigation to which the Fund is a party and of indemnifying officers and Trustees of the Fund with respect to such litigation and other expenses as determined by the Trustees. 8. Services to Other Companies or Accounts The Fund understands that the Adviser now acts, will continue to act and may act in the future as investment adviser to fiduciary and other managed accounts and to one or more other investment companies or series of investment companies, and the Fund has no objection to the Adviser so acting, provided that whenever the Fund and one or more other accounts or investment companies or portfolios advised by the Adviser have available funds for investment, investments suitable and appropriate for each will be allocated in accordance with a formula believed to be equitable to each entity. The Fund recognizes that in some cases this procedure may adversely affect the size of the position obtainable the Fund. In addition, the Fund understands that the persons employed by the Adviser to assist in the performance of the Adviser's duties hereunder will not devote their full time to such service and nothing contained herein shall be deemed to limit or restrict the right of the Adviser or any affiliate of the Adviser to engage in and devote time and attention to other businesses or to render services of whatever kind or nature, provided that doing so does not adversely affect the ability of the Adviser to perform its services under this Agreement. 9. Term of Agreement This Agreement shall continue for an initial two-year period commencing on the date first written above, and thereafter shall continue automatically for successive annual periods, provided such continuance is specifically approved at least annually by (a) the Board of Trustees of the Fund or (b) a vote of a "majority" (as defined in the 1940 Act) of the Fund's outstanding voting securities, provided that in either event the continuance is also approved by a majority of the Board of Trustees of the Fund, who are not "interested persons" (as defined in said Act) of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. This Agreement is terminable with respect to the Fund, without penalty, on 60 days' written notice, by the Board of Trustees of the Fund or by vote of holders of a majority of the Fund's shares, or upon 90 days' written notice, by the Adviser. This Agreement will also terminate automatically in the event of its assignment (as defined in said Act). 10. Representation by the Fund The Fund represents that copies of its Agreement and Declaration of Trust dated April 24, 1998, together with all amendments thereto, are on file in the State of Delaware. 11. Use of Names The Fund recognizes that directors, officers and employees of the Adviser may from time to time serve as directors, trustees, officers and employees of corporations and business trusts (including other investment companies) and that such other corporations and trusts may include the name "CS", "CSFB", "CSAM" or "Credit Suisse" as part of their names, and that the Adviser or its affiliates may enter into advisory or other agreements with such other corporations and trusts. If the Adviser ceases to act as the investment adviser the Fund, the Fund agrees that, at the Adviser's request, the Fund's license to use the words "CS", "CSFB", "CSAM" or "Credit Suisse" will terminate and that the Fund will take all necessary action to change the name of the Fund to names not including the words "CS", "CSFB", "CSAM", or "Credit Suisse". 12. Miscellaneous Notice is hereby given that this Agreement is entered into on behalf of the Fund by an officer of the Fund in his capacity as an officer and not individually. It is understood and expressly stipulated that none of the Trustees or shareholders of the Fund shall be personally liable hereunder. Neither the Trustees, officers, agents nor shareholders of the Fund assume any personal liability for obligations entered into on behalf of the Fund. All persons dealing with the Fund must look solely to the property of the Fund for the enforcement of any claims against the Fund. Please confirm that the foregoing is in accordance with your understanding by indicating your acceptance hereof at the place below indicated, whereupon it shall become a binding agreement between us. Very truly yours, CREDIT SUISSE HIGH YIELD BOND FUND By: /s/J. Kevin Gao Name: J. Kevin Gao Title: Senior Vice President Accepted: CREDIT SUISSE ASSET MANAGEMENT, LLC By: /s/ Ajay Mehra Name: Ajay Mehra Title: Director and Deputy General Counsel EX-99.77C VOTES 3 item77c.txt VOTES Exhibit 77c: Submission of Matters to a Vote of Security Holders The annual meeting (the "Meeting") of shareholders of Credit Suisse High Yield Bond Fund (the "Fund") was held on February 4, 2005 to vote on the following matter: (1) To re-elect one Trustee to the Board of Trustees of the Fund. The results of the votes tabulated at the Meeting are reported below. Name of Trustee For Withheld Enrique R. Arzac 51,333,927.208 606,770.515 EX-99.77O RULE 10F-3 4 exh10f3.txt 10F-3 SECURITIES Credit Suisse High Yield Bond Fund Securities Purchases during an Underwriting involving Credit Suisse Asset Management, LLC subject to Rule 10f-3 under the Investment Company Act of 1940. For the period ended April 30, 2005 Portfolio: Credit Suisse High Yield Bond Fund Security: Flextronics Intl Ltd 144A Date Purchased: 11/09/04 Price Per Share: $100.00 Shares Purchased by the Portfolio *: 2,000,000 Total Principal Purchased by the Portfolio *: $2,000,000 % of Offering Purchased by the Portfolio: .40000% Broker: Deutsche Bank Member: Joint Lead Manager Portfolio: Credit Suisse High Yield Bond Fund Security: Koppers Industry Inc 144A Date Purchased: 11/15/04 Price Per Share: $61.81 Shares Purchased by the Portfolio *: 1,200,000 Total Principal Purchased by the Portfolio *: $741,696 % of Offering Purchased by the Portfolio: .59000% Broker: UBS Warburg Member: Lead Manager Portfolio: Credit Suisse High Yield Bond Fund Security: Wdac Subsidiary Corp 144A Date Purchased: 11/30/04 Price Per Share: $100.00 Shares Purchased by the Portfolio *: 400,000 Total Principal Purchased by the Portfolio *: $400,000 % of Offering Purchased by the Portfolio: .20000% Broker: JP Morgan Member: Joint Lead Manager Portfolio: Credit Suisse High Yield Bond Fund Security: Goodman Glob Hldgs 144A Date Purchased: 12/15/04 Price Per Share: $100.00 Shares Purchased by the Portfolio *: 500,000 Total Principal Purchased by the Portfolio *: $500,000 % of Offering Purchased by the Portfolio: .13000% Broker: UBS Warburg Member: Joint Lead Manager Portfolio: Credit Suisse High Yield Bond Fund Security: Ames True Temper Inc 144A Date Purchased: 1/11/2005 Price Per Share: $99.50 Shares Purchased by the Portfolio *: 500,000 Total Principal Purchased by the Portfolio *: $497,500 % of Offering Purchased by the Portfolio: .33000% Broker: Banc of Amer Sec LLc Member: Joint Lead Manager Portfolio: Credit Suisse High Yield Bond Fund Security: NTK Holdings Inc 144A Date Purchased: 2/10/2005 Price Per Share: $62.14 Shares Purchased by the Portfolio *: 1,000,000 Total Principal Purchased by the Portfolio *: $621,360 % of Offering Purchased by the Portfolio: .25000% Broker: Banc of Amer Sec LLC Member: Joint Lead Manager Portfolio: Credit Suisse High Yield Bond Fund Security: Colorado Interstate Gas 144A Date Purchased: 3/2/2005 Price Per Share: $100.00 Shares Purchased by the Portfolio *: 210,000 Total Principal Purchased by the Portfolio *: $210,000 % of Offering Purchased by the Portfolio: .11000% Broker: Citigroup Member: Joint Lead Manager Portfolio: Credit Suisse High Yield Bond Fund Security: Range Resources Corp Date Purchased: 3/2/2005 Price Per Share: $100.00 Shares Purchased by the Portfolio *: 200,000 Total Principal Purchased by the Portfolio *: $200,000 % of Offering Purchased by the Portfolio: .13000% Broker: JP Morgan Member: Co-Manager Portfolio: Credit Suisse High Yield Bond Fund Security: Allied Waste North Amer 144A Date Purchased: 3/3/2005 Price Per Share: $100.00 Shares Purchased by the Portfolio *: 600,000 Total Principal Purchased by the Portfolio *: $600,000 % of Offering Purchased by the Portfolio: .10000% Broker: JP Morgan Member: Joint Lead Manager Portfolio: Credit Suisse High Yield Bond Fund Security: Fraser Papers Inc 144A Date Purchased: Citigroup Price Per Share: $100.00 Shares Purchased by the Portfolio *: 750,000 Total Principal Purchased by the Portfolio *: $750,000 % of Offering Purchased by the Portfolio: 1.33000% Broker: Citigroup Member: Lead Manager Portfolio: Credit Suisse High Yield Bond Fund Security: Trustreet Properties 144A Date Purchased: 3/17/2005 Price Per Share: $100.00 Shares Purchased by the Portfolio *: 1,000,000 Total Principal Purchased by the Portfolio *: $1,000,000 % of Offering Purchased by the Portfolio: .40000% Broker: Banc of Amer Sec LLC Member: Co-Manager Portfolio: Credit Suisse High Yield Bond Fund Security: Abitibi-Consolidated Inc Date Purchased: 3/22/2005 Price Per Share: $100.00 Shares Purchased by the Portfolio *: 400,000 Total Principal Purchased by the Portfolio *: $400,000 % of Offering Purchased by the Portfolio: .09000% Broker: Citigroup Global Advisors Member: Joint Lead Manager -----END PRIVACY-ENHANCED MESSAGE-----