N-CSR

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

Investment Company Act File No. 811-08777

CREDIT SUISSE HIGH YIELD BOND FUND

(Exact Name of Registrant as Specified in Charter)

Eleven Madison Avenue, New York, New York 10010

(Address of Principal Executive Offices) (Zip Code)

John G. Popp

Credit Suisse High Yield Bond Fund

Eleven Madison Avenue

New York, New York 10010

Registrant’s telephone number, including area code: (212) 325-2000

Date of fiscal year end: October 31st

Date of reporting period: November 1, 2017 to October 31, 2018

Item 1. Reports to Stockholders.

Credit Suisse High Yield Bond Fund

Eleven Madison Avenue

New York, NY 10010

Trustees

Steven N. Rappaport

Chairman of the Board

Terry Fires Bovarnick

James J. Cattano

Lawrence J. Fox

John G. Popp

Officers

John G. Popp

Chief Executive Officer and President

Thomas J. Flannery

Chief Investment Officer

Emidio Morizio

Chief Compliance Officer

Lou Anne McInnis

Chief Legal Officer

Laurie Pecha

Chief Financial Officer and Treasurer

Karen Regan

Senior Vice President and Secretary

Investment Adviser

Credit Suisse Asset Management, LLC

Eleven Madison Avenue

New York, NY 10010

Administrator and Custodian

State Street Bank and Trust Co.

One Lincoln Street

Boston, MA 02111

Shareholder Servicing Agent

Computershare Trust Company, N.A.

P.O. Box 30170

College Station, TX 77842-3170

Legal Counsel

Willkie Farr & Gallagher LLP

787 7th Avenue

New York, NY 10019

Independent Registered Public Accounting Firm

KPMG LLP

345 Park Avenue

New York, NY 10154

Credit Suisse

High Yield Bond Fund

ANNUAL REPORT

October 31, 2018

Credit Suisse High Yield Bond Fund

Annual Investment Adviser’s Report

October 31, 2018 (unaudited)

November 23, 2018

Dear Shareholder:

We are pleased to present this Annual Report covering the activities of the Credit Suisse High Yield Bond Fund (the “Fund”) for the 12-month period ended October 31, 2018.

Performance Summary

11/1/2017 – 10/31/2018

Fund & Benchmark	Performance
Total Return (based on net asset value (“NAV”))1		0.68	%
Total Return (based on market value)1		-9.23	%
ICE BofAML US High Yield Constrained Index2		0.81	%

Market Review: A positive period for high yield assets

The annual period ended October 31, 2018, was a positive one for the U.S. high yield asset class. The ICE BofAML US High Yield Constrained Index (the “Index”), the Fund’s benchmark, returned 0.81% for the period. However, yields widened by 137 basis points to 6.89% (yield-to-worst basis) and the Index spread to worst widened by 26 basis points to 390, as investors navigated tighter monetary policy in the United States and uneasiness in the global economy.

Looking at returns by credit quality, the lower-rated portion of the Index outperformed for the year. CCC and lower-rated bonds posted the highest returns, at 4.57%, followed by single B bonds, which returned 1.67% during the period. Conversely, BB high yield bonds returned -0.82% over the period.

From an industry perspective, healthcare, transportation and insurance were the top performers in the Index, with respective returns of 4.62%, 3.14% and 2.07%. Conversely, automotive, banking and consumer goods lagged with returns of -5.82%, -3.15% and -1.88%, respectively.

For the most part, supply and demand dynamics have been positive for the high yield asset class. Over the period, gross high yield bond issuance totaled $228 billion, which is down more than 40% from the prior reporting period.

Based on default activity, the current U.S. high yield credit cycle has likely not reached its final innings. On October 31, 2018, the trailing 12-month default rate (including distressed exchanges) was 2.04%, compared to a 25-year average of 2.88%, as measured by J.P. Morgan.

Strategic Review and Outlook: Conditions point to continued positive return potential

For the 12-month period ended October 31, 2018, the Fund slightly underperformed the benchmark on an NAV basis. Positive security selection within the high yield asset class and in the energy, technology and capital goods sectors all contributed to performance. Additionally, an underweight to BB-rated and an overweight to CCC-rated positions also contributed to relative performance. Given the muted returns for the overall asset class, the impact of leverage was a drag on NAV return.

In the near term, we expect favorable supply and demand technicals to continue. We also remain positive on underlying corporate fundamentals as well as solid domestic economic activity. We believe default rates will remain relatively unchanged outside of specific sectors. Longer term, we expect U.S. high yield outperformance to be driven by credit selection and well-managed industry exposures, as we expect sector returns to diverge.

1

Credit Suisse High Yield Bond Fund

Annual Investment Adviser’s Report (continued)

October 31, 2018 (unaudited)

Additionally, as the high yield asset class is likely to be more prone to interest rate volatility (though less so than longer-duration investment grade products), we will look to take advantage of investment opportunities that may be created by dislocations due to interest rate volatility.

Thomas J. Flannery	John G. Popp
Chief Investment Officer*	Chief Executive Officer and President**

High yield bonds are lower-quality bonds that are also known as “junk bonds.” Such bonds entail greater risks than those found in higher-rated securities.

The Fund is non-diversified, which means it may invest a greater proportion of its assets in securities of a smaller number of issuers than a diversified fund and may therefore be subject to greater volatility.

In addition to historical information, this report contains forward-looking statements, which may concern, among other things, domestic and foreign markets, industry and economic trends and developments and government regulation, and their potential impact on the Fund’s investments. These statements are subject to risks and uncertainties and actual trends, developments and regulations in the future, and their impact on the Fund, could be materially different from those projected, anticipated or implied. The Fund has no obligation to update or revise forward-looking statements.

The views of the Fund’s management are as of the date of this letter and the Fund holdings described in this document are as of October 31, 2018; these views and Fund holdings may have changed subsequent to these dates. Nothing in this document is a recommendation to purchase or sell securities.

¹ Assuming reinvestment of dividends of $0.248 per share.

²  The ICE BofAML US High Yield Constrained Index (the “Index”) is an unmanaged index that tracks the performance of below investment-grade U.S. dollar-denominated corporate bonds issued in the U.S. domestic market, where each issuer’s allocation is limited to 2% of the Index. The Index does not have transaction costs and investors cannot invest directly in the Index. The Index was previously known as The BofA Merrill Lynch US High Yield Master II Constrained Index.

* Thomas J. Flannery, Managing Director, is the Head of the Credit Suisse U.S. High Yield Management Team. Mr. Flannery joined Credit Suisse Asset Management, LLC (“Credit Suisse”) in June 2010. He is a portfolio manager for the Credit Investments Group (“CIG”) with responsibility for trading, directing investment decisions, originating and analyzing investment opportunities. Mr. Flannery is also a member of the CIG Credit Committee and is currently a high yield bond portfolio manager and trader for CIG. Mr. Flannery joined Credit Suisse AG in 2000 from First Dominion Capital, LLC where he was an Associate. Mr. Flannery holds a B.S. in Finance from Georgetown University.

** John G. Popp is a Managing Director of Credit Suisse and Group Head and Chief Investment Officer of CIG, with primary responsibility for making investment decisions and monitoring processes for CIG’s global investment strategies. Mr. Popp also serves as Trustee, Chief Executive Officer and President of the Credit Suisse Funds, as well as serving as Director, Chief Executive Officer and President for the Credit Suisse Asset Management Income Fund, Inc. and Trustee, Chief Executive Officer and President of the Credit Suisse High Yield Bond Fund. Mr. Popp has been associated with Credit Suisse since 1997.

2

Credit Suisse High Yield Bond Fund

Annual Investment Adviser’s Report (continued)

October 31, 2018 (unaudited)

Credit Quality Breakdown*

(% of Total Investments as of October 31, 2018)

S&P Ratings**

BBB	1.9	%
BB	34.5
B	37.4
CCC	20.0
CC	1.3
NR	2.9
Subtotal	98.0
Equity and Other	2.0
Total	100.0	%

* Expressed as a percentage of total investments (excluding securities lending collateral, if applicable) and may vary over time.

** Credit Quality is based on ratings provided by the Standard & Poor’s Division of The McGraw-Hill Companies, Inc. (“S&P”). S&P is a main provider of ratings for Credit Assets Classes and is widely used amongst industry participants. The NR category consists of securities that have not been rated by S&P.

Average Annual Returns

October 31, 2018 (unaudited)

	1 Year		3 Years		5 Years		10 Years
Net Asset Value (NAV)		0.68%		10.20%		6.56%		14.21%
Market Value		(9.23)%		10.14%		4.41%		13.86%

Credit Suisse may waive fees and/or reimburse expenses, without which performance would be lower. Waivers and/or reimbursements are subject to change and may be discontinued at any time. Returns represent past performance. Total investment return at net asset value is based on the change in the net asset value of Fund shares and assumes reinvestment of dividends and distributions, if any, at actual prices pursuant to the Fund’s dividend reinvestment program. Total investment return at market value is based on the change in the market price at which the Fund’s shares traded on the stock exchange during the period and assumes reinvestment of dividends and distributions, if any, at actual prices pursuant to the Fund’s dividend reinvestment program. Because the Fund’s shares trade in the stock market based on investor demand, the Fund may trade at a price higher or lower than its NAV. Therefore, returns are calculated based on NAV and share price. Past performance is no guarantee of future results. The current performance of the Fund may be lower or higher than the figures shown. The Fund’s yield, return, NAV and market price will fluctuate. Performance information current to the most recent month end is available by calling 1-800-293-1232.

The annualized gross and net expense ratios are 2.74% and 2.59%, respectively.

3

Credit Suisse High Yield Bond Fund

Schedule of Investments

October 31, 2018

Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value
	CORPORATE BONDS (114.3%)
	Air Transportation (0.4%)
$	1,150	United Continental Holdings, Inc., Company Guaranteed Notes(1)	(BB, Ba3)		02/01/24		5.000	$	1,131,313
	Auto Parts & Equipment (1.9%)
	2,650	Cooper-Standard Automotive, Inc., Rule 144A, Company Guaranteed Notes (Callable 11/15/21 @ 102.81)(2)	(B+, B1)		11/15/26		5.625		2,517,500
	1,000	Delphi Technologies PLC, Rule 144A, Company Guaranteed Notes(2)	(BB, B1)		10/01/25		5.000		905,000
	1,500	Stevens Holding Co., Inc., Rule 144A, Company Guaranteed Notes (Callable 10/01/23 @ 101.53)(2)	(B+, B2)		10/01/26		6.125		1,498,305
									4,920,805
	Brokerage (3.3%)
	1,400	Jefferies Finance LLC, Rule 144A, Senior Unsecured Notes (Callable 12/03/18 @ 103.44)(2)	(B+, B1)		04/15/22		6.875		1,410,500
	2,950	Jefferies Finance LLC, Rule 144A, Senior Unsecured Notes (Callable 12/03/18 @ 103.75)(2)	(B+, B1)		04/15/21		7.500		2,979,500
	4,450	LPL Holdings, Inc., Rule 144A, Company Guaranteed Notes (Callable 03/15/20 @ 104.31)(2)	(BB-, B2)		09/15/25		5.750		4,333,187
									8,723,187
	Building & Construction (0.8%)
	2,271	TopBuild Corp., Rule 144A, Company Guaranteed Notes (Callable 05/01/21 @ 102.81)(2)	(BB-, B1)		05/01/26		5.625		2,168,805
	Building Materials (10.7%)
	1,500	American Builders & Contractors Supply Co., Inc., Rule 144A, Company Guaranteed Notes (Callable 05/15/21 @ 102.94)(2)	(B+, B3)		05/15/26		5.875		1,460,625
	1,150	American Builders & Contractors Supply Co., Inc., Rule 144A, Senior Unsecured Notes (Callable 12/15/18 @ 104.31)(2)	(B+, B3)		12/15/23		5.750		1,138,500
	250	Anixter, Inc. Rule 144A, Company Guaranteed Notes (Callable 09/01/25 @ 100.00)(2)	(BB, Ba3)		12/01/25		6.000		251,250
	2,050	Anixter, Inc., Global Company Guaranteed Notes	(BB, Ba3)		03/01/23		5.500		2,073,062
	2,925	Beacon Roofing Supply, Inc., Rule 144A, Company Guaranteed Notes (Callable 11/01/20 @ 102.44)(2)	(B+, B3)		11/01/25		4.875		2,636,156
	1,550	BMC East LLC, Rule 144A, Senior Secured Notes (Callable 10/01/19 @ 104.13)(2)	(BB-, B2)		10/01/24		5.500		1,457,000
	675	Core & Main LP, Rule 144A, Senior Unsecured Notes (Callable 08/15/20 @ 103.06)(2)	(B-, Caa1)		08/15/25		6.125		636,188
	750	James Hardie International Finance DAC, Rule 144A, Company Guaranteed Notes (Callable 01/15/21 @ 102.38)(2)	(BB, Ba1)		01/15/25		4.750		699,375
	900	James Hardie International Finance DAC, Rule 144A, Company Guaranteed Notes (Callable 01/15/23 @ 102.50)(2)	(BB, Ba1)		01/15/28		5.000		820,125
	800	Jeld-Wen, Inc., Rule 144A, Company Guaranteed Notes (Callable 12/15/20 @ 102.31)(2)	(BB-, B1)		12/15/25		4.625		719,000
	2,500	Jeld-Wen, Inc., Rule 144A, Company Guaranteed Notes (Callable 12/15/22 @ 102.44)(1),(2)	(BB-, B1)		12/15/27		4.875		2,181,250
	1,130	Masonite International Corp., Rule 144A, Company Guaranteed Notes (Callable 09/15/21 @ 102.88)(2)	(BB+, Ba3)		09/15/26		5.750		1,076,325
	3,900	Omnimax International, Inc., Rule 144A, Senior Secured Notes (Callable 11/16/18 @ 104.50)(2)	(B-, Caa1)		08/15/20		12.000		4,051,125
	3,540	PriSo Acquisition Corp., Rule 144A, Senior Unsecured Notes (Callable 12/03/18 @ 104.50)(2)	(CCC+, Caa1)		05/15/23		9.000		3,641,775

See Accompanying Notes to Financial Statements.

4

Credit Suisse High Yield Bond Fund

Schedule of Investments (continued)

October 31, 2018

Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value
	CORPORATE BONDS (continued)
	Building Materials
$	1,185	Standard Industries, Inc. Rule 144A, Senior Unsecured Notes (Callable 01/15/23 @ 102.38)(2)	(BBB-, Ba2)		01/15/28		4.750	$	1,063,537
	1,000	Summit Materials Finance Corp., Global Company Guaranteed Notes (Callable 04/15/19 @ 104.25)	(BB, B3)		04/15/22		8.500		1,058,750
	1,075	Summit Materials Finance Corp., Global Company Guaranteed Notes (Callable 11/16/18 @ 103.06)	(BB, B3)		07/15/23		6.125		1,045,438
	975	U.S. Concrete, Inc., Global Company Guaranteed Notes (Callable 06/01/19 @ 104.78)	(BB-, B3)		06/01/24		6.375		912,844
	1,600	USG Corp., Rule 144A, Company Guaranteed Notes (Callable 06/01/22 @ 102.44)(2)	(BB+, Ba1)		06/01/27		4.875		1,607,500
									28,529,825
	Cable & Satellite TV (9.8%)
	2,300	Altice Financing S.A., Rule 144A, Senior Secured Notes (Callable 05/15/21 @ 103.75)(2)	(B+, B1)		05/15/26		7.500		2,167,750
	2,065	Altice Financing S.A., Rule 144A, Senior Secured Notes (Callable 12/03/18 @ 104.97)(2)	(B+, B1)		02/15/23		6.625		2,049,099
	650	Altice France S.A., Rule 144A, Senior Secured Notes (Callable 05/01/21 @ 103.69)(2)	(B, B1)		05/01/26		7.375		624,611
	2,800	Altice France S.A., Rule 144A, Senior Secured Notes (Callable 05/15/19 @ 103.13)(2)	(B, B1)		05/15/24		6.250		2,695,000
	2,200	Altice U.S. Finance I Corp. Rule 144A, Senior Secured Notes (Callable 11/13/18 @ 104.03)(2)	(BB, Ba3)		07/15/23		5.375		2,205,082
	4,000	Block Communications, Inc., Rule 144A, Senior Unsecured Notes (Callable 02/15/20 @ 103.44)(2)	(BB-, Ba3)		02/15/25		6.875		4,075,000
	1,315	CSC Holdings LLC, Global Senior Unsecured Notes	(B-, B2)		06/01/24		5.250		1,270,619
	750	CSC Holdings LLC, Rule 144A, Company Guaranteed Notes (Callable 02/01/23 @ 102.69)(2)	(BB-, Ba2)		02/01/28		5.375		708,750
	525	CSC Holdings LLC, Rule 144A, Company Guaranteed Notes (Callable 04/15/22 @ 102.75)(2)	(BB-, Ba2)		04/15/27		5.500		505,313
	800	CSC Holdings LLC, Rule 144A, Company Guaranteed Notes (Callable 10/15/20 @ 103.31)(2)	(BB-, Ba2)		10/15/25		6.625		840,000
	840	CSC Holdings LLC, Rule 144A, Senior Unsecured Notes (Callable 10/15/20 @ 105.44)(2)	(B-, B2)		10/15/25		10.875		971,250
	1,750	Midcontinent Finance Corp., Rule 144A, Company Guaranteed Notes (Callable 12/03/18 @ 105.16)(2)	(B, B3)		08/15/23		6.875		1,833,125
	2,000	Telenet Finance Luxembourg Notes Sarl, Rule 144A, Senior Secured Notes (Callable 12/01/22 @ 102.75)(2)	(BB-, Ba3)		03/01/28		5.500		1,865,000
	1,000	Virgin Media Secured Finance PLC, Rule 144A, Senior Secured Notes (Callable 04/15/22 @ 102.50)(2),(3)	(BB-, Ba3)		04/15/27		5.000		1,262,621
	3,250	Ziggo B.V., Rule 144A, Senior Secured Notes (Callable 01/15/22 @ 102.75)(2)	(BB-, B1)		01/15/27		5.500		2,990,000
									26,063,220
	Chemicals (5.6%)
	2,000	Alpha 2 B.V., 8.75% Cash, 9.50% PIK, Rule 144A, Senior Unsecured Notes (Callable 06/01/19 @ 102.00)(2),(4)	(CCC+, Caa1)		06/01/23		8.750		2,002,500

See Accompanying Notes to Financial Statements.

5

Credit Suisse High Yield Bond Fund

Schedule of Investments (continued)

October 31, 2018

Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value
	CORPORATE BONDS (continued)
	Chemicals
$	2,100	Alpha U.S. Bidco, Inc., Rule 144A, Company Guaranteed Notes (Callable 02/01/20 @ 103.13)(2)	(CCC+, Caa1)		02/01/25		6.250	$	2,013,375
	2,050	Ingevity Corp., Rule 144A, Senior Unsecured Notes (Callable 02/01/21 @ 102.25)(2)	(NR, Ba3)		02/01/26		4.500		1,916,750
	1,000	Nufarm Americas, Inc., Rule 144A, Company Guaranteed Notes (Callable 04/30/21 @ 102.88)(2)	(BB-, B1)		04/30/26		5.750		938,750
	272	Reichhold Industries, Inc., Rule 144A, Senior Secured Notes(2),(5),(6),(7),(8)	(NR, NR)		05/01/19		9.000		9,780
	2,150	Starfruit U.S. Holdco LLC, Rule 144A, Senior Unsecured Notes (Callable 10/01/21 @ 104.00)(1),(2)	(B-, Caa1)		10/01/26		8.000		2,090,875
	2,000	Trinseo Materials Finance, Inc., Rule 144A, Company Guaranteed Notes (Callable 09/01/20 @ 102.69)(2)	(BB-, B2)		09/01/25		5.375		1,858,600
	1,250	Tronox, Inc., Rule 144A, Company Guaranteed Notes (Callable 04/15/21 @ 103.25)(1),(2)	(B-, B3)		04/15/26		6.500		1,143,750
	2,625	Venator Materials LLC, Rule 144A, Company Guaranteed Notes (Callable 07/15/20 @ 104.31)(1),(2)	(BB-, B2)		07/15/25		5.750		2,250,937
	675	Versum Materials, Inc., Rule 144A, Company Guaranteed Notes (Callable 09/30/21 @ 102.75)(2)	(BB+, Ba3)		09/30/24		5.500		669,938
									14,895,255
	Consumer/Commercial/Lease Financing (0.3%)
	775	Lincoln Finance Ltd., Rule 144A, Senior Secured Notes (Callable 11/13/18 @ 103.69(2)	(BB+, B1)		04/15/21		7.375		789,531
	Diversified Capital Goods (0.1%)
	360	EnerSys, Rule 144A, Company Guaranteed Notes (Callable 01/30/23 @ 100.00)(2)	(BB+, Ba2)		04/30/23		5.000		357,300
	Electronics (1.7%)
	2,625	Entegris, Inc., Rule 144A, Company Guaranteed Notes (Callable 11/10/20 @ 103.47)(2)	(BB, Ba2)		02/10/26		4.625		2,451,908
	2,250	Sensata Technologies B.V., Rule 144A, Company Guaranteed Notes(2)	(BB+, Ba3)		10/01/25		5.000		2,182,500
									4,634,408
	Energy - Exploration & Production (2.8%)
	1,981	Talos Production Finance, Inc., Global Secured Notes (Callable 05/10/19 @ 105.50)	(NR, NR)		04/03/22		11.000		2,114,457
	3,000	W&T Offshore, Inc., Global Company Guaranteed Notes (Callable 11/17/18 @ 100.00)	(CC, NR)		06/15/19		8.500		3,016,500
	2,500	W&T Offshore, Inc., Rule 144A, Secured Notes (Callable 11/01/20 @ 104.88)(2)	(B, B3)		11/01/23		9.750		2,425,500
									7,556,457
	Food - Wholesale (1.7%)
	2,100	Clearwater Seafoods, Inc., Rule 144A, Senior Unsecured Notes (Callable 05/01/20 @ 105.16)(2)	(B+, B3)		05/01/25		6.875		2,016,000
	1,000	Lamb Weston Holdings, Inc., Rule 144A, Company Guaranteed Notes (Callable 11/01/21 @ 102.44)(2)	(BB, Ba2)		11/01/26		4.875		968,750
	1,550	U.S. Foods, Inc., Rule 144A, Company Guaranteed Notes (Callable 06/15/19 @ 102.94)(2)	(BB, B2)		06/15/24		5.875		1,542,250
									4,527,000

See Accompanying Notes to Financial Statements.

6

Credit Suisse High Yield Bond Fund

Schedule of Investments (continued)

October 31, 2018

Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value
	CORPORATE BONDS (continued)
	Gaming (2.8%)
$	825	Boyd Gaming Corp., Global Company Guaranteed Notes (Callable 08/15/21 @ 103.00)	(B, B3)		08/15/26		6.000	$	800,250
	2,500	Churchill Downs, Inc., Rule 144A, Company Guaranteed Notes (Callable 01/15/23 @ 102.38)(2)	(B+, Ba3)		01/15/28		4.750		2,287,500
	2,000	Gateway Casinos & Entertainment Ltd., Rule 144A, Secured Notes (Callable 03/01/20 @ 104.13)(2)	(CCC+, Caa1)		03/01/24		8.250		2,105,000
	2,200	Jacobs Entertainment, Inc., Rule 144A, Secured Notes (Callable 02/01/20 @ 105.91)(2)	(B, B2)		02/01/24		7.875		2,323,750
									7,516,500
	Gas Distribution (2.4%)
	800	CNX Midstream Finance Corp., Rule 144A, Senior Unsecured Notes (Callable 03/15/21 @ 104.88)(2)	(BB-, B3)		03/15/26		6.500		782,000
	1,250	Genesis Energy Finance Corp., Company Guaranteed Notes (Callable 02/15/21 @ 104.69)	(B+, B1)		05/15/26		6.250		1,131,250
	2,750	Genesis Energy Finance Corp., Company Guaranteed Notes (Callable 06/15/19 @ 102.81)	(B+, B1)		06/15/24		5.625		2,502,500
	2,000	Holly Energy Finance Corp., Rule 144A, Company Guaranteed Notes (Callable 08/01/19 @ 104.50)(2)	(BB, B2)		08/01/24		6.000		2,015,000
									6,430,750
	Health Facilities (2.4%)
	1,250	HCA, Inc., Company Guaranteed Notes (Callable 03/01/28 @ 100.00)	(BB-, Ba2)		09/01/28		5.625		1,240,625
	2,200	HCA, Inc., Senior Secured Notes	(BBB-, Ba1)		03/15/24		5.000		2,231,625
	500	MPT Finance Corp., Global Company Guaranteed Notes (Callable 05/01/19 @ 102.75)	(BBB-, Ba1)		05/01/24		5.500		507,500
	2,625	Sabra Health Care LP, Global Company Guaranteed Notes (Callable 05/15/26 @ 100.00)	(BBB-, Ba1)		08/15/26		5.125		2,517,156
									6,496,906
	Health Services (1.8%)
	2,500	AMN Healthcare, Inc., Rule 144A, Company Guaranteed Notes (Callable 10/01/19 @ 103.84)(2)	(BB-, Ba2)		10/01/24		5.125		2,415,625
	715	CareTrust Capital Corp., Company Guaranteed Notes (Callable 06/01/20 @ 103.94)	(BB, Ba3)		06/01/25		5.250		698,912
	1,700	Sotera Health Holdings LLC, Rule 144A, Senior Unsecured Notes (Callable 12/03/18 @ 104.88)(2)	(CCC+, Caa1)		05/15/23		6.500		1,666,000
									4,780,537
	Hotels (1.1%)
	3,000	ESH Hospitality, Inc., Rule 144A, Company Guaranteed Notes (Callable 05/01/20 @ 102.63)(2)	(BB-, Ba3)		05/01/25		5.250		2,846,250
	Insurance Brokerage (3.4%)
	3,530	Acrisure Finance, Inc., Rule 144A, Senior Unsecured Notes (Callable 11/15/20 @ 103.50)(2)	(CCC+, Caa2)		11/15/25		7.000		3,168,175
	2,500	HUB International Ltd., Rule 144A, Senior Unsecured Notes (Callable 05/01/21 @ 103.50)(2)	(CCC+, Caa2)		05/01/26		7.000		2,446,250

See Accompanying Notes to Financial Statements.

7

Credit Suisse High Yield Bond Fund

Schedule of Investments (continued)

October 31, 2018

Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value
	CORPORATE BONDS (continued)
	Insurance Brokerage
$	3,375	NFP Corp., Rule 144A, Senior Unsecured Notes (Callable 07/15/20 @ 103.44)(2)	(CCC+, Caa2)		07/15/25		6.875	$	3,290,625
									8,905,050
	Investments & Misc. Financial Services (2.6%)
	3,700	Compass Group Diversified Holdings LLC, Rule 144A, Senior Unsecured Notes (Callable 05/01/21 @ 104.00)(2)	(B-, B3)		05/01/26		8.000		3,792,500
	3,125	Orchestra Co-Issuer, Inc., Rule 144A, Secured Notes (Callable 06/15/19 @ 103.38)(2)	(B-, B1)		06/15/22		6.750		3,195,312
									6,987,812
	Machinery (1.8%)
	1,000	Itron, Inc., Rule 144A, Company Guaranteed Notes (Callable 01/15/21 @ 102.50)(1),(2)	(BB-, B2)		01/15/26		5.000		933,750
	2,485	Rexnord LLC, Rule 144A, Company Guaranteed Notes (Callable 12/15/20 @ 102.44)(2)	(B+, B1)		12/15/25		4.875		2,342,112
	1,575	Terex Corp., Rule 144A, Company Guaranteed Notes (Callable 02/01/20 @ 104.22)(2)	(BB, B2)		02/01/25		5.625		1,500,188
									4,776,050
	Media - Diversified (0.5%)
	500	National CineMedia LLC, Global Senior Secured Notes (Callable 12/03/18 @ 102.00)	(B+, Ba3)		04/15/22		6.000		507,500
	750	National CineMedia LLC, Global Senior Unsecured Notes (Callable 08/15/21 @ 102.88)	(B-, B3)		08/15/26		5.750		712,500
									1,220,000
	Media Content (2.2%)
	2,625	EMI Music Publishing Group North America Holdings, Inc., Rule 144A, Company Guaranteed Notes (Callable 06/15/19 @ 105.72)(2)	(B, B3)		06/15/24		7.625		2,825,156
	550	Netflix, Inc., Global Senior Unsecured Notes	(BB-, Ba3)		03/01/24		5.750		561,000
	750	Netflix, Inc., Global Senior Unsecured Notes	(BB-, Ba3)		02/15/25		5.875		764,138
	800	Netflix, Inc., Rule 144A, Senior Unsecured Notes(2)	(BB-, Ba3)		11/15/28		5.875		790,000
	1,000	WMG Acquisition Corp., Rule 144A, Senior Secured Notes (Callable 11/01/19 @ 103.66)(2)	(B+, Ba3)		11/01/24		4.875		980,000
									5,920,294
	Medical Products (0.7%)
	1,950	Sotera Health Topco, Inc., 8.125% Cash, 8.875% PIK, Rule 144A, Senior Unsecured Notes (Callable 12/03/18 @ 101.00)(2),(4)	(CCC+, Caa2)		11/01/21		8.125		1,920,750
	Metals & Mining - Excluding Steel (4.7%)
	2,200	Cleveland-Cliffs, Inc., Rule 144A, Senior Secured Notes (Callable 01/15/21 @ 102.44)(2)	(BB-, Ba2)		01/15/24		4.875		2,106,500
	2,950	Eldorado Gold Corp., Rule 144A, Company Guaranteed Notes (Callable 12/03/18 @ 101.53)(2)	(B, B2)		12/15/20		6.125		2,758,250
	2,150	First Quantum Minerals Ltd., Rule 144A, Company Guaranteed Notes (Callable 03/01/21 @ 105.16)(2)	(B, NR)		03/01/26		6.875		1,867,812
	2,000	Kaiser Aluminum Corp., Global Company Guaranteed Notes (Callable 05/15/19 @ 104.41)	(BB+, Ba3)		05/15/24		5.875		2,007,500
	4,525	Noranda Aluminum Acquisition Corp., Global Senior Unsecured Notes (Callable 12/10/18 @ 100.00)(5),(6),(8)	(NR, NR)		06/01/19		11.000		—
	3,750	Taseko Mines Ltd., Rule 144A, Senior Secured Notes (Callable 06/15/19 @ 104.38)(2)	(B, B3)		06/15/22		8.750		3,703,125
									12,443,187

See Accompanying Notes to Financial Statements.

8

Credit Suisse High Yield Bond Fund

Schedule of Investments (continued)

October 31, 2018

Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value
	CORPORATE BONDS (continued)
	Oil Field Equipment & Services (4.6%)
$	3,330	FTS International, Inc., Global Senior Secured Notes (Callable 12/03/18 @ 103.13)	(B, B3)		05/01/22		6.250	$	3,180,150
	2,000	KCA Deutag UK Finance PLC, Rule 144A, Senior Secured Notes (Callable 04/01/20 @ 109.88)(2)	(B-, B3)		04/01/22		9.875		1,940,000
	405	Nor Offshore SPV Ltd., PIK, Senior Secured Notes (Callable 11/30/18 @ 100.00)(4)	(NR, NR)		02/04/20		8.400		145,960
	2,050	Parker Drilling Co., Global Company Guaranteed Notes (Callable 12/03/18 @ 103.38)(1)	(B-, Caa2)		07/15/22		6.750		1,404,250
	1,105	Pioneer Energy Services Corp., Global Company Guaranteed Notes (Callable 12/03/18 @ 103.06)	(CCC, Caa2)		03/15/22		6.125		947,537
	3,500	Shelf Drilling Holdings Ltd., Rule 144A, Company Guaranteed Notes (Callable 02/15/21 @ 106.19)(2)	(B-, B2)		02/15/25		8.250		3,521,875
	250	Transocean, Inc., Global Company Guaranteed Notes (Callable 07/15/22 @ 100.00)	(B-, Caa2)		10/15/22		5.800		243,750
	850	Trinidad Drilling Ltd., Rule 144A, Company Guaranteed Notes (Callable 02/15/20 @ 104.97)(2)	(BB-, B3)		02/15/25		6.625		854,250
									12,237,772
	Oil Refining & Marketing (2.2%)
	1,000	CITGO Petroleum Corp., Rule 144A, Senior Secured Notes (Callable 12/03/18 @ 103.13)(2)	(B+, B3)		08/15/22		6.250		990,000
	4,100	Coffeyville Finance, Inc., Global Company Guaranteed Notes (Callable 12/03/18 @ 102.17)	(BB-, B1)		11/01/22		6.500		4,146,125
	675	Nine Energy Service, Inc. Rule 144A, Senior Unsecured Notes (Callable 11/01/20 @ 104.38)(2)	(B, B3)		11/01/23		8.750		688,500
									5,824,625
	Packaging (3.0%)
	1,000	Ardagh Holdings U.S.A., Inc., Rule 144A, Company Guaranteed Notes (Callable 02/15/20 @ 104.50)(2)	(B, B3)		02/15/25		6.000		940,000
	1,500	Crown Americas Capital Corp., VI, Rule 144A, Company Guaranteed Notes (Callable 02/01/21 @ 103.56)(1),(2)	(BB-, Ba3)		02/01/26		4.750		1,419,375
	2,500	Flex Acquisition Co., Inc., Rule 144A, Senior Unsecured Notes (Callable 01/15/20 @ 103.44)(2)	(CCC+, Caa1)		01/15/25		6.875		2,350,000
	3,400	TriMas Corp., Rule 144A, Company Guaranteed Notes (Callable 10/15/20 @ 102.44)(2)	(BB-, Ba3)		10/15/25		4.875		3,220,497
									7,929,872
	Personal & Household Products (1.2%)
	2,000	High Ridge Brands Co., Rule 144A, Company Guaranteed Notes (Callable 03/15/20 @ 104.44)(2)	(CC, Caa3)		03/15/25		8.875		890,000
	1,822	Mattel, Inc., Rule 144A, Company Guaranteed Notes (Callable 12/31/20 @ 105.06)(2)	(BB-, B1)		12/31/25		6.750		1,749,120
	550	Prestige Brands, Inc., Rule 144A, Company Guaranteed Notes (Callable 03/01/19 @ 104.78)(1),(2)	(B-, Caa1)		03/01/24		6.375		545,875
									3,184,995
	Pharmaceuticals (3.7%)
	3,050	Bausch Health Cos., Inc., Rule 144A, Company Guaranteed Notes (Callable 12/03/18 @ 102.94)(2)	(B-, B3)		05/15/23		5.875		2,920,375
	2,850	Bausch Health Cos., Inc., Rule 144A, Senior Secured Notes (Callable 03/15/20 @ 103.50)(2)	(BB-, Ba2)		03/15/24		7.000		2,991,617
	500	Endo Finance LLC, Rule 144A, Company Guaranteed Notes (Callable 12/03/18 @ 104.50)(2)	(CCC+, B3)		07/15/23		6.000		432,500

See Accompanying Notes to Financial Statements.

9

Credit Suisse High Yield Bond Fund

Schedule of Investments (continued)

October 31, 2018

Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value
	CORPORATE BONDS (continued)
	Pharmaceuticals
$	1,350	Endo Finance LLC, Rule 144A, Senior Secured Notes (Callable 04/15/20 @ 102.94)(1),(2)	(BB-, Ba2)		10/15/24		5.875	$	1,356,750
	2,619	Owens & Minor, Inc., Global Company Guaranteed Notes (Callable 09/15/24 @ 100.00)(1)	(BB, B1)		12/15/24		4.375		2,222,876
									9,924,118
	Real Estate Investment Trusts (2.3%)
	1,400	iStar, Inc., Senior Unsecured Notes (Callable 04/01/19 @ 103.00)	(BB-, B1)		04/01/22		6.000		1,403,500
	1,500	iStar, Inc., Senior Unsecured Notes (Callable 09/15/19 @ 102.63)	(BB-, B1)		09/15/22		5.250		1,455,000
	2,840	iStar, Inc., Senior Unsecured Notes (Callable 12/03/18 @ 100.00)	(BB-, B1)		07/01/19		5.000		2,843,550
	370	Starwood Property Trust, Inc., Global Senior Unsecured Notes (Callable 09/15/21 @ 100.00)	(BB-, Ba3)		12/15/21		5.000		369,075
									6,071,125
	Recreation & Travel (3.6%)
	1,950	Boyne U.S.A., Inc., Rule 144A, Secured Notes (Callable 05/01/21 @ 103.63)(2)	(B, B2)		05/01/25		7.250		2,042,625
	2,000	Canada’s Wonderland Co., Global Company Guaranteed Notes (Callable 04/15/22 @ 102.69)	(BB-, B1)		04/15/27		5.375		1,917,500
	1,300	Merlin Entertainments PLC, Rule 144A, Senior Unsecured Notes (Callable 03/17/26 @ 100.00)(2)	(BB, Ba2)		06/15/26		5.750		1,303,250
	600	Six Flags Entertainment Corp., Rule 144A, Company Guaranteed Notes (Callable 04/15/22 @ 102.75)(2)	(BB-, B2)		04/15/27		5.500		570,750
	2,650	Six Flags Entertainment Corp., Rule 144A, Company Guaranteed Notes (Callable 07/31/19 @ 103.66)(2)	(BB-, B2)		07/31/24		4.875		2,510,875
	1,320	Speedway Motorsports, Inc., Global Company Guaranteed Notes (Callable 12/03/18 @ 103.84)	(BB+, Ba2)		02/01/23		5.125		1,306,800
									9,651,800
	Restaurants (2.1%)
	2,900	Golden Nugget, Inc., Rule 144A, Senior Unsecured Notes (Callable 10/15/19 @ 103.38)(2)	(CCC+, B3)		10/15/24		6.750		2,900,000
	2,750	New Red Finance, Inc., Rule 144A, Secured Notes (Callable 10/15/20 @ 102.50)(2)	(B-, B3)		10/15/25		5.000		2,585,000
									5,485,000
	Software - Services (4.7%)
	2,250	CDK Global, Inc., Global Senior Unsecured Notes (Callable 06/01/22 @ 102.44)	(BB+, Ba1)		06/01/27		4.875		2,117,813
	1,529	Epicor Software Corp., Rule 144A, Secured Notes (Callable 12/03/18 @ 102.00), LIBOR 3M + 7.250%(2),(6),(8),(9)	(NR, NR)		06/30/23		9.650		1,544,290
	1,825	First Data Corp., Rule 144A, Secured Notes (Callable 01/15/19 @ 102.88)(2)	(B+, B2)		01/15/24		5.750		1,843,250
	1,450	Infor Software Parent, Inc., 7.125% Cash, 7.875% PIK, Rule 144A, Senior Unsecured Notes (Callable 12/03/18 @ 101.78)(2),(4)	(CCC, Caa2)		05/01/21		7.125		1,453,625
	1,800	Infor U.S., Inc., Company Guaranteed Notes (Callable 11/15/18 @ 102.88)(10)	(CCC+, Caa1)		05/15/22		5.750		2,098,634
	3,100	Solera Finance, Inc., Rule 144A, Senior Unsecured Notes (Callable 03/01/19 @ 107.88)(2)	(CCC+, Caa1)		03/01/24		10.500		3,379,093
									12,436,705

See Accompanying Notes to Financial Statements.

10

Credit Suisse High Yield Bond Fund

Schedule of Investments (continued)

October 31, 2018

Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value
	CORPORATE BONDS (continued)
	Specialty Retail (2.6%)
$	1,403	Lithia Motors, Inc., Rule 144A, Company Guaranteed Notes (Callable 08/01/20 @ 103.94)(2)	(BB, Ba2)		08/01/25		5.250	$	1,325,835
	3,564	Penske Automotive Group, Inc., Global Company Guaranteed Notes (Callable 12/03/18 @ 101.92)	(B+, Ba3)		10/01/22		5.750		3,615,232
	2,000	Ruyi U.S. Finance LLC, Rule 144A, Senior Secured Notes (Callable 05/01/21 @ 105.63)(2)	(B, B1)		05/01/25		7.500		1,940,000
									6,881,067
	Steel Producers/Products (1.3%)
	1,000	Commercial Metals Co., Rule 144A, Senior Unsecured Notes (Callable 04/15/21 @ 102.88)(2)	(BB+, Ba2)		04/15/26		5.750		962,500
	450	Commercial Metals Co., Senior Unsecured Notes (Callable 07/15/22 @ 102.69)	(BB+, Ba2)		07/15/27		5.375		417,938
	2,000	Zekelman Industries, Inc., Rule 144A, Senior Secured Notes (Callable 06/15/19 @ 104.94)(2)	(B, B3)		06/15/23		9.875		2,140,000
									3,520,438
	Support - Services (7.6%)
	3,250	Avison Young Canada, Inc., Rule 144A, Senior Secured Notes (Callable 12/15/19 @ 104.75)(2)	(B, B3)		12/15/21		9.500		3,412,500
	50	CoreCivic, Inc., Company Guaranteed Notes (Callable 07/15/27 @ 100.00)	(BB, Ba1)		10/15/27		4.750		42,813
	2,550	Gartner, Inc., Rule 144A, Company Guaranteed Notes (Callable 04/01/20 @ 103.84)(2)	(BB-, B1)		04/01/25		5.125		2,537,250
	3,000	H&E Equipment Services, Inc., Global Company Guaranteed Notes (Callable 09/01/20 @ 104.22)	(BB-, B2)		09/01/25		5.625		2,865,000
	1,450	KAR Auction Services, Inc., Rule 144A, Company Guaranteed Notes (Callable 06/01/20 @ 103.84)(2)	(B, B3)		06/01/25		5.125		1,366,625
	2,750	Sotheby’s, Rule 144A, Company Guaranteed Notes (Callable 12/15/20 @ 103.66)(2)	(BB-, Ba3)		12/15/25		4.875		2,554,062
	1,550	Tempo Acquisition Finance Corp., Rule 144A, Senior Unsecured Notes (Callable 06/01/20 @ 103.38)(2)	(CCC+, Caa1)		06/01/25		6.750		1,479,785
	1,900	United Rentals North America, Inc., Company Guaranteed Notes (Callable 01/15/23 @ 102.44)	(BB, Ba3)		01/15/28		4.875		1,716,555
	1,000	United Rentals North America, Inc., Company Guaranteed Notes (Callable 05/15/22 @ 102.75)	(BB, Ba3)		05/15/27		5.500		951,250
	150	United Rentals North America, Inc., Global Company Guaranteed Notes (Callable 12/15/21 @ 103.25)	(BB, Ba3)		12/15/26		6.500		152,023
	3,050	WeWork Cos., Inc., Rule 144A, Company Guaranteed Notes(1),(2)	(B+, NR)		05/01/25		7.875		2,813,625
	400	Williams Scotsman International, Inc., Rule 144A, Company Guaranteed Notes (Callable 08/15/20 @ 103.44)(2)	(B, B2)		08/15/23		6.875		398,000
									20,289,488
	Tech Hardware & Equipment (2.5%)
	3,091	CDW Finance Corp., Company Guaranteed Notes (Callable 03/01/20 @ 103.75)	(BB-, Ba2)		09/01/25		5.000		3,025,316
	1,750	CommScope Technologies LLC, Rule 144A, Company Guaranteed Notes (Callable 03/15/22 @ 102.50)(2)	(BB-, Ba3)		03/15/27		5.000		1,566,548
	1,950	CommScope Technologies LLC, Rule 144A, Company Guaranteed Notes (Callable 06/15/20 @ 103.00)(2)	(BB-, Ba3)		06/15/25		6.000		1,906,125
									6,497,989
	Telecom - Satellite (0.4%)
	1,000	Hughes Satellite Systems Corp., Global Senior Secured Notes	(BBB-, Ba2)		08/01/26		5.250		953,750

See Accompanying Notes to Financial Statements.

11

Credit Suisse High Yield Bond Fund

Schedule of Investments (continued)

October 31, 2018

Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value
	CORPORATE BONDS (continued)
	Telecom - Wireless (0.9%)
$	1,000	Sprint Spectrum Co. II LLC, Rule 144A, Senior Secured Notes(2)	(NR, Baa2)		03/20/28		5.152	$	1,002,500
	1,400	T-Mobile U.S.A., Inc., Global Company Guaranteed Notes (Callable 01/15/21 @ 103.25)	(BB+, Ba2)		01/15/26		6.500		1,477,000
									2,479,500
	Telecom - Wireline Integrated & Services (2.7%)
	725	Equinix, Inc., Senior Unsecured Notes (Callable 05/15/22 @ 102.69)	(BB+, B1)		05/15/27		5.375		719,562
	4,000	GTT Communications, Inc., Rule 144A, Company Guaranteed Notes (Callable 12/31/19 @ 105.91)(1),(2)	(CCC+, Caa1)		12/31/24		7.875		3,780,000
	2,550	QTS Finance Corp., Rule 144A, Company Guaranteed Notes (Callable 11/15/20 @ 103.56)(2)	(BB, B1)		11/15/25		4.750		2,390,625
	326	Syniverse Holdings, Inc., Global Company Guaranteed Notes (Callable 12/03/18 @ 100.00)	(CCC+, Caa2)		01/15/19		9.125		323,759
									7,213,946
	Theaters & Entertainment (2.4%)
	600	AMC Entertainment Holdings, Inc., Global Company Guaranteed Notes (Callable 05/15/22 @ 103.06)(1)	(B-, B3)		05/15/27		6.125		552,000
	855	AMC Entertainment Holdings, Inc., Global Company Guaranteed Notes (Callable 11/15/21 @ 102.94)(1)	(B-, B3)		11/15/26		5.875		786,600
	1,475	Carmike Cinemas, Inc., Rule 144A, Secured Notes (Callable 12/03/18 @ 104.50)(2)	(BB-, Ba2)		06/15/23		6.000		1,497,125
	1,000	Cinemark U.S.A., Inc., Global Company Guaranteed Notes (Callable 12/03/18 @ 102.44)	(BB, B2)		06/01/23		4.875		981,250
	400	Live Nation Entertainment, Inc., Rule 144A, Company Guaranteed Notes (Callable 03/15/21 @ 104.22)(2)	(B+, B1)		03/15/26		5.625		400,000
	2,200	Live Nation Entertainment, Inc., Rule 144A, Company Guaranteed Notes (Callable 11/01/19 @ 103.66)(2)	(B+, B1)		11/01/24		4.875		2,112,000
									6,328,975
	Transport Infrastructure/Services (1.0%)
	3,150	Navios Maritime Finance II U.S., Inc., Rule 144A, Senior Secured Notes (Callable 12/03/18 @ 104.22)(2)	(B, Caa2)		08/15/22		11.250		2,752,313
	TOTAL CORPORATE BONDS (Cost $312,529,989)								304,204,670
	BANK LOANS (25.2%)
	Aerospace & Defense (0.7%)
	1,926	Sequa Mezzanine Holdings LLC, LIBOR 3M + 5.000%(9)	(CCC+, B3)		11/28/21		7.408		1,905,512
	Auto Parts & Equipment (0.3%)
	725	Dayco Products LLC, LIBOR 3M + 4.250%(8),(9)	(B, B2)		05/19/23		6.563		726,623
	Beverages (0.6%)
	2,000	The Winebow Group, Inc., LIBOR 1M + 7.500%(7),(9)	(CCC-, Caa1)		12/31/21		9.802		1,452,500
	Building Materials (1.3%)
	2,000	Airxcel, Inc., LIBOR 1M + 8.750%(8),(9)	(CCC+, Caa2)		04/27/26		11.052		1,935,000
	1,634	Fastener Acquisition, Inc., LIBOR 3M + 8.750%(9)	(CCC+, Caa2)		03/30/26		11.136		1,570,455
									3,505,455

See Accompanying Notes to Financial Statements.

12

Credit Suisse High Yield Bond Fund

Schedule of Investments (continued)

October 31, 2018

Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value
	BANK LOANS (continued)
	Chemicals (5.3%)
$	1,000	Archroma Finance Sarl, LIBOR 3M + 8.250%(9)	(NR, Caa1)		07/28/25		10.670	$	987,500
	2,091	Ascend Performance Materials Operations LLC, LIBOR 3M + 5.250%(9)	(B+, B2)		08/12/22		7.636		2,100,476
	1,000	ASP Chromaflo Intermediate Holdings, Inc., LIBOR 1M + 8.000%(9)	(CCC, Caa2)		11/18/24		10.302		1,000,630
	3,251	Preferred Proppants LLC, LIBOR 3M + 7.750%(8),(9)	(NR, NR)		07/27/20		10.136		1,787,805
	2,500	Schenectady International Group, Inc., LIBOR 3M + 4.750%(9)	(B, B2)		10/15/25		7.186		2,492,187
	1,492	UTEX Industries, Inc., LIBOR 1M + 4.000%(9)	(CCC+, B3)		05/22/21		6.302		1,467,979
	2,000	Vantage Specialty Chemicals, Inc., LIBOR 3M + 8.250%(9)	(CCC, Caa2)		10/27/25		10.777		2,013,330
	2,494	Zep, Inc., LIBOR 3M + 4.000%(9)	(CCC+, B2)		08/12/24		6.386		2,354,991
									14,204,898
	Diversified Capital Goods (1.0%)
	750	Cortes NP Acquisition Corp., LIBOR 3M + 4.000%(9)	(B, B1)		11/30/23		6.313		743,437
	2,045	Dynacast International LLC, LIBOR 3M + 8.500%(8),(9)	(B-, Caa1)		01/30/23		10.886		2,024,550
									2,767,987
	Electronics (0.8%)
	1,000	CPI International, Inc., LIBOR 1M + 7.250%(8),(9)	(CCC+, Caa2)		07/26/25		9.552		991,250
	987	Oberthur Technologies S.A., LIBOR 3M + 3.750%(9)	(B-, B2)		01/10/24		5.992		994,258
									1,985,508
	Energy - Exploration & Production (0.7%)
	2,307	PES Holdings LLC, LIBOR 3M + 3.500%(8),(9)	(B-, B2)		12/31/22		8.886		1,926,743
	Gas Distribution (0.8%)
	2,105	BCP Renaissance Parent LLC, LIBOR 3M + 3.500%(9)	(B+, B1)		10/31/24		6.027		2,115,249
	Health Facilities (0.5%)
	249	Prospect Medical Holdings, Inc., LIBOR 1M + 5.500%(8),(9)	(B, B1)		02/22/24		7.813		250,927
	1,158	Western Dental Services, Inc., LIBOR 1M + 4.500%(9)	(B-, B3)		06/23/23		6.802		1,164,871
									1,415,798
	Insurance Brokerage (0.8%)
	1,970	Acrisure LLC, LIBOR 1M + 4.250%(9)	(B, B2)		11/22/23		6.552		1,978,315
	Investments & Misc. Financial Services (0.4%)
	232	Ditech Holding Corp., LIBOR 1M + 6.000%(9)	(CCC+, Caa2)		06/30/22		8.302		216,672
	914	Ocwen Financial Corp., LIBOR 1M + 5.000%(9)	(B+, B3)		12/05/20		7.280		916,554
									1,133,226
	Machinery (2.8%)
	2,725	CPM Acquisition Corp., LIBOR 1M + 8.250%(9)	(B-, NR)		04/10/23		10.552		2,747,783
	2,223	LTI Holdings, Inc., LIBOR 1M + 6.750%(9)	(CCC+, Caa2)		09/06/26		9.052		2,218,760
	2,475	WireCo WorldGroup, Inc., LIBOR 1M + 9.000%(8),(9)	(B-, Caa2)		09/30/24		11.302		2,499,750
									7,466,293
	Media Content (0.4%)
	1,000	DLG Acquisitions Ltd., EURIBOR 6M + 7.250%(9),(10)	(CCC+, Caa2)		06/30/22		8.250		1,141,723

See Accompanying Notes to Financial Statements.

13

Credit Suisse High Yield Bond Fund

Schedule of Investments (continued)

October 31, 2018

Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value
	BANK LOANS (continued)
	Medical Products (0.5%)
$	1,191	ABB Concise Optical Group LLC, LIBOR 1M + 5.000%(9)	(B-, B2)		06/15/23		7.280	$	1,197,835
	Personal & Household Products (2.6%)
	1,990	ABG Intermediate Holdings 2 LLC, LIBOR 1M + 7.750%(9)	(CCC+, Caa1)		09/29/25		10.045		2,002,437
	494	Comfort Holding LLC, LIBOR 1M + 4.750%(9)	(CCC+, Caa1)		02/05/24		7.052		468,226
	2,450	Comfort Holding LLC, LIBOR 1M + 10.000%(9)	(CCC-, Caa3)		02/03/25		12.302		2,321,375
	2,000	Serta Simmons Bedding LLC, LIBOR 3M + 8.000%(9)	(CCC, Caa2)		11/08/24		10.277		1,566,560
	45	TricorBraun Holdings, Inc., LIBOR 3M + 3.750%(9)	(B, B2)		11/30/23		6.103		45,546
	450	TricorBraun Holdings, Inc., LIBOR 3M + 3.750%(9)	(B, B2)		11/30/23		6.136		452,011
									6,856,155
	Recreation & Travel (0.2%)
	137	Bulldog Purchaser, Inc.(9),(11)	(CCC+, Caa2)		09/04/26		3.875		137,013
	263	Bulldog Purchaser, Inc., LIBOR 1M + 7.750%(9)	(CCC+, Caa2)		09/04/26		10.052		263,487
									400,500
	Software - Services (2.0%)
	1,309	Almonde, Inc., LIBOR 3M + 7.250%(9)	(CCC, Caa2)		06/13/25		9.636		1,293,002
	1,704	Flexera Software LLC, LIBOR 1M + 7.250%(9)	(CCC+, Caa1)		02/26/26		9.560		1,717,723
	657	LDiscovery LLC, LIBOR 2M + 5.875%(7),(9)	(B-, B3)		12/09/22		8.085		634,342
	1,750	TigerLuxOne Sarl, LIBOR 3M + 8.250%(9)	(CCC+, Caa2)		02/16/25		10.636		1,757,656
									5,402,723
	Specialty Retail (1.1%)
	2,000	Boing U.S. Holdco, Inc., LIBOR 3M + 7.500%(8),(9)	(CCC+, Caa1)		10/03/25		9.843		2,000,000
	1,000	Sally Holdings LLC	(BB+, Ba1)		07/05/24		4.500		956,250
									2,956,250
	Support - Services (1.5%)
	2,000	Sedgwick Claims Management Services, Inc., LIBOR 3M + 5.750%(9)	(CCC+, Caa2)		02/28/22		8.063		2,005,630
	3,152	Sprint Industrial Holdings LLC, LIBOR 3M + 12.250%(7),(8),(9)	(CC, Caa3)		11/14/19		13.500		1,087,416
	1,000	USS Ultimate Holdings, Inc., LIBOR 1M + 7.750%(9)	(CCC+, Caa2)		08/25/25		10.052		1,003,750
									4,096,796
	Theaters & Entertainment (0.9%)
	2,158	Metro-Goldwyn-Mayer, Inc., LIBOR 1M + 4.500%(9)	(B-, B2)		07/03/26		6.810		2,165,876
	324	NEG Holdings LLC, LIBOR 3M + 8.000%(6),(7),(8),(9)	(B-, B3)		10/17/22		10.386		302,127
									2,468,003
	TOTAL BANK LOANS (Cost $70,355,121)								67,104,092
	ASSET BACKED SECURITY (0.6%)
	Collateralized Debt Obligations (0.6%)
	1,500	Symphony CLO VIII LP, 2015-2A, Rule 144A, LIBOR 3M + 3.060%(2),(9) (Cost $1,498,127)	(NR, Baa3)		07/15/28		5.496		1,505,019

See Accompanying Notes to Financial Statements.

14

Credit Suisse High Yield Bond Fund

Schedule of Investments (continued)

October 31, 2018

Number of Shares			Value
	COMMON STOCKS (2.9%)
	Auto Parts & Equipment (0.9%)
	109,693	UCI International, Inc.(6),(7),(8),(12)		2,303,553
	Building & Construction (0.0%)
	10	White Forest Resources, Inc.(6),(7),(8),(12)		33
	Building Materials (0.0%)
	619	Dayton Superior Corp.(6),(7),(8),(12)		—
	Chemicals (0.0%)
	4,893	Huntsman Corp.(7)		107,059
	Energy - Exploration & Production (1.9%)
	777,123	Independence Contract Drilling, Inc.(12)		2,352,779
	111,570	PES Energy, Inc.(8),(12)		780,990
	71,901	Talos Energy, Inc.(12)		1,873,740
				5,007,509
	Support - Services (0.1%)
	2,100	LTR Holdings LLC(6),(7),(8),(12)		366,030
	865	Sprint Industrial Holdings LLC, Class G(6),(8),(12)		8
	78	Sprint Industrial Holdings LLC, Class H(6),(8),(12)		1
	192	Sprint Industrial Holdings LLC, Class I(6),(8),(12)		2
				366,041
	Theaters & Entertainment (0.0%)
	40	NEG Holdings LLC, Litigation Trust Units(6),(7),(8),(12)		40
	TOTAL COMMON STOCKS (Cost $8,811,263)			7,784,235
	PREFERRED STOCK (0.0%)
	Building Materials (0.0%)
	688	Dayton Superior Corp.(6),(7),(8),(12) (Cost $250,835)		—
	SHORT-TERM INVESTMENT (7.9%)
	21,168,568	State Street Navigator Securities Lending Government Money Market Portfolio, 2.22%(13) (Cost $21,168,568)		21,168,568
	TOTAL INVESTMENTS AT VALUE (150.9%) (Cost $414,613,903)			401,766,584
	LIABILITIES IN EXCESS OF OTHER ASSETS (-50.9%)			(135,534,366)
	NET ASSETS (100.0%)			$266,232,218

† Credit ratings given by the Standard & Poor’s Division of The McGraw-Hill Companies, Inc. (“S&P”) and Moody’s Investors Service, Inc. (“Moody’s”) are unaudited.

⁽¹⁾  Security or portion thereof is out on loan (See note 2-K).

See Accompanying Notes to Financial Statements.

15

Credit Suisse High Yield Bond Fund

Schedule of Investments (continued)

October 31, 2018

⁽²⁾  Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At October 31, 2018, these securities amounted to a value of $232,521,682 or 87.3% of net assets.

⁽³⁾  This security is denominated in British Pound.

⁽⁴⁾  PIK: Payment-in-kind security for which part of the income earned may be paid as additional principal.

⁽⁵⁾  Bond is currently in default.

⁽⁶⁾  Not readily marketable security; security is valued at fair value as determined in good faith by, or under the direction of, the Board of Trustees.

⁽⁷⁾  Illiquid security (unaudited).

⁽⁸⁾  Security is valued using significant unobservable inputs.

⁽⁹⁾  Variable rate obligation - The interest rate shown is the rate in effect as of October 31, 2018.

⁽¹⁰⁾  This security is denominated in Euro.

⁽¹¹⁾  Unfunded loan commitment (See note 2-J).

⁽¹²⁾  Non-income producing security.

⁽¹³⁾  Represents security purchased with cash collateral received for securities on loan. The rate shown is the annualized one-day yield at October 31, 2018.

INVESTMENT ABBREVIATIONS

1M = 1 Month

2M = 2 Month

3M = 3 Month

6M = 6 Month

EURIBOR = Euro Interbank Offered Rate

LIBOR = London Interbank Offered Rate

NR = Not Rated

Sarl = société à responsabilité limitée

Forward Foreign Currency Contracts

Forward Currency to be Purchased (Local)		Forward Currency to be Sold (Local)		Expiration Date		Counterparty	Value on Settlement Date			Current Value/Notional			Net Unrealized Appreciation (Depreciation)
USD	5,279,198	EUR	4,435,499		10/11/19	Morgan Stanley	$	(5,279,198	)	$	(5,187,575	)	$	91,623
USD	2,920,460	GBP	2,173,164		10/11/19	Morgan Stanley		(2,920,460	)		(2,826,680	)		93,780
													$	185,403

Currency Abbreviations:

EUR = Euro

GBP = British Pound

USD = United States Dollar

See Accompanying Notes to Financial Statements.

16

Credit Suisse High Yield Bond Fund

Statement of Assets and Liabilities

October 31, 2018

Assets
Investments at value, including collateral for securities on loan of $21,168,568 (Cost $414,613,903) (Note 2)	$	401,766,584	1
Cash		3,559,689
Foreign currency at value (Cost $3,319,489)		3,231,098
Dividend and interest receivable		6,314,576
Receivable for investments sold		398,175
Unrealized appreciation on forward foreign currency contracts (Note 2)		185,403
Prepaid expenses and other assets		19,454
Total assets		415,474,979
Liabilities
Investment advisory fee payable (Note 3)		267,708
Administrative services fee payable (Note 3)		17,762
Loan payable (Note 4)		124,000,000
Payable upon return of securities loaned (Note 2)		21,168,568
Payable for investments purchased		3,465,589
Unfunded loan commitments (Note 2)		135,474
Interest payable		53,351
Trustees’ fees payable		40,080
Accrued expenses		94,229
Total liabilities		149,242,761
Net Assets
Applicable to 103,477,771 shares outstanding	$	266,232,218
Net Assets
Capital stock, $.001 par value (Note 6)		103,478
Paid-in capital (Note 6)		302,195,421
Total distributable earnings (loss)		(36,066,681	)
Net assets	$	266,232,218
Net Asset Value Per Share ($266,232,218 / 103,477,771)		$2.57
Market Price Per Share		$2.35

¹  Includes $20,646,922 of securities on loan.

See Accompanying Notes to Financial Statements.

17

Credit Suisse High Yield Bond Fund

Statement of Operations

For the Year Ended October 31, 2018

Investment Income
Interest	$	29,034,412
Dividends		2,997
Securities lending (net of rebates)		88,551
Total investment income		29,125,960
Expenses
Investment advisory fees (Note 3)		3,670,574
Administrative services fees (Note 3)		72,934
Interest expense (Note 4)		3,300,558
Legal fees		157,790
Trustees’ fees		133,041
Audit and tax fees		81,549
Commitment fees (Note 4)		80,455
Printing fees		68,592
Custodian fees		45,060
Stock exchange listing fees		32,978
Transfer agent fees		26,776
Insurance expense		6,530
Miscellaneous expense		1,496
Total expenses		7,678,333
Less: fees waived (Note 3)		(424,999	)
Net expenses		7,253,334
Net investment income		21,872,626
Net Realized and Unrealized Gain (Loss) from Investments, Foreign Currency and Forward Foreign Currency Contracts
Net realized gain from investments		444,008
Net realized loss from foreign currency transactions		(6,784	)
Net realized gain from forward foreign currency contracts		234,019
Net change in unrealized appreciation (depreciation) from investments		(19,968,070	)
Net change in unrealized appreciation (depreciation) from foreign currency translations		(87,439	)
Net change in unrealized appreciation (depreciation) from forward foreign currency contracts		44,374
Net realized and unrealized loss from investments, foreign currency and forward foreign currency contracts		(19,339,892	)
Net increase in net assets resulting from operations	$	2,532,734

See Accompanying Notes to Financial Statements.

18

Credit Suisse High Yield Bond Fund

Statements of Changes in Net Assets

	For the Year Ended   October 31, 2018			For the Year Ended   October 31, 2017
From Operations
Net investment income	$	21,872,626		$	22,634,526
Net realized gain (loss) from investments, foreign currency transactions and forward foreign currency contracts		671,243			(7,225,814	)
Net change in unrealized appreciation (depreciation) from investments, foreign currency translations and forward foreign currency contracts		(20,011,135	)		29,739,540
Net increase in net assets resulting from operations		2,532,734			45,148,252
From Distributions
From distributable earnings		(21,867,417	)		(22,332,510	)1
Return of capital		(3,775,810	)		(4,663,429	)
Net decrease in net assets resulting from distributions and return of capital		(25,643,227	)		(26,995,939	)
From Capital Share Transactions (Note 6)
Issuance of 8,121 and 19,469 shares through the trustees compensation plan (Note 3)		22,495			53,210
Net proceeds from at-the-market offering (Note 7)		1,218,333			8,094,113
At-the-market offering costs		—			(205,804	)
Reinvestment of dividends		135,165			263,323
Net increase in net assets from capital share transactions		1,375,993			8,204,842
Net increase (decrease) in net assets		(21,734,500	)		26,357,155
Net Assets
Beginning of year		287,966,718			261,609,563
End of year	$	266,232,218		$	287,966,718	2

¹  Distributions include $(22,332,510) of dividends from net investment income. Prior year information has been conformed to current year presentation.

² Distributions in excess of net investment income as of October 31, 2017 were $(94,019).

See Accompanying Notes to Financial Statements.

19

Credit Suisse High Yield Bond Fund

Statement of Cash Flows

For the Year Ended October 31, 2018

Reconciliation of Net Increase in Net Assets from Operations to Net Cash Provided by Operating Activities
Net increase in net assets resulting from operations				$	2,532,734
Adjustments to Reconcile Net Increase in Net Assets from Operations to Net Cash Provided by Operating Activities
Increase in dividend and interest receivable	$	(38,320	)
Decrease in accrued expenses		(44,894	)
Increase in payable upon return of securities loaned		11,806,588
Decrease in interest payable		(8,487	)
Increase in prepaid expenses and other assets		(19,454	)
Increase in unfunded loan commitments		135,474
Decrease in advisory fees payable		(7,160	)
Net accretion of discount on investments		(1,356,128	)
Purchases of long-term securities		(202,201,302	)
Proceeds from sales of long-term securities		195,099,771
Purchase of short-term securities, net		(2,805,402	)
Net change in unrealized (appreciation) depreciation from investments and forward foreign currency contracts		19,923,696
Net realized gain from investments		(444,008	)
Total adjustments					20,040,374
Net cash provided by operating activities1				$	22,573,108
Cash Flows From Financing Activities
Borrowings on revolving credit facility		63,500,000
Repayments of credit facility		(55,500,000	)
Proceeds from issuance of shares through trustee compensation		22,495
Net proceeds from at-the-market offering		1,229,300
Cash dividends paid		(25,508,062	)
Net cash provided by financing activities					(16,256,267	)
Net increase in cash					6,316,841
Cash — beginning of year					473,946
Cash — end of year				$	6,790,787
Non-Cash Activity:
Issuance of shares through dividend reinvestments				$	96,127

¹  Included in net cash provided by operating activities is cash of $3,309,045 paid for interest on borrowings.

See Accompanying Notes to Financial Statements.

20

Credit Suisse High Yield Bond Fund

Financial Highlights

	For the Year Ended October 31,
	2018			2017			2016			2015			2014
Per share operating performance
Net asset value, beginning of year	$	2.80		$	2.62		$	2.62		$	3.04		$	3.12
INVESTMENT OPERATIONS
Net investment income1		0.21			0.23			0.25			0.26			0.28
Net gain (loss) on investments, foreign currency transactions and forward foreign currency contracts (both realized and unrealized)		(0.19	)		0.22			0.03			(0.39	)		(0.07	)
Total from investment activities		0.02			0.45			0.28			(0.13	)		0.21
LESS DIVIDENDS AND DISTRIBUTIONS
Dividends from net investment income		(0.21	)		(0.22	)		(0.24	)		(0.29	)		(0.29	)
Return of capital		(0.04	)		(0.05	)		(0.04	)		—			—
Total dividends and distributions		(0.25	)		(0.27	)		(0.28	)		(0.29	)		(0.29	)
CAPITAL SHARE TRANSACTIONS
Increase to net asset value due to shares issued through at-the-market offerings		—			0.00	2		—			0.00	2		0.00	2
Net asset value, end of year	$	2.57		$	2.80		$	2.62		$	2.62		$	3.04
Per share market value, end of year	$	2.35		$	2.84		$	2.44		$	2.40		$	3.12
TOTAL INVESTMENT RETURN3
Net asset value		0.68	%		17.90	%		12.75	%		(3.96	)%		6.91	%
Market value		(9.23	)%		28.40	%		14.63	%		(14.28	)%		8.33	%
RATIOS AND SUPPLEMENTAL DATA
Net assets, end of year (000s omitted)	$	266,232		$	287,967		$	261,610		$	262,119		$	302,738
Ratio of expenses to average net assets		2.59	%		2.14	%		2.04	%		1.87	%		1.82	%
Ratio of expenses to average net assets excluding interest expense		1.41	%		1.38	%		1.45	%		1.37	%		1.35	%
Ratio of net investment income to average net assets		7.81	%		8.19	%		10.07	%		9.28	%		8.85	%
Decrease reflected in above operating expense ratios due to waivers/reimbursements		0.15	%		0.15	%		0.17	%		0.15	%		0.13	%
Average debt per share	$	1.20		$	1.13		$	1.11		$	1.37		$	1.44
Asset coverage per $1,000 of indebtedness	$	3,147		$	3,482		$	3,567		$	3,070		$	3,102	4
Portfolio turnover rate		42	%		65	%		49	%		41	%		59	%

¹  Per share information is calculated using the average shares outstanding method.

²  This amount represents less than $0.01 per share.

³  Total investment return at net asset value is based on the change in the net asset value of Fund shares and assumes reinvestment of dividends and distributions, if any, at actual prices pursuant to the Fund’s dividend reinvestment program. Total investment return at market value is based on the change in the market price at which the Fund’s shares traded on the stock exchange during the period and assumes reinvestment of dividends and distributions, if any, at actual prices pursuant to the Fund’s dividend reinvestment program. Because the Fund’s shares trade in the stock market based on investor demand, the Fund may trade at a price higher or lower than its NAV. Therefore, returns are calculated based on NAV and market price.

⁴  Unaudited. Included to conform with current year presentation.

See Accompanying Notes to Financial Statements.

21

Credit Suisse High Yield Bond Fund

Notes to Financial Statements

October 31, 2018

Note 1. Organization

Credit Suisse High Yield Bond Fund (the “Fund”) is a business trust organized under the laws of the State of Delaware on April 30, 1998. The Fund is registered as a non-diversified, closed-end management investment company under the Investment Company Act of 1940, as amended (the “1940 Act”). The Fund’s principal investment objective is to seek high current income. The Fund also will seek capital appreciation as a secondary objective, to the extent consistent with its objective of seeking high current income.

Note 2. Significant Accounting Policies

The following is a summary of significant accounting policies followed by the Fund in the preparation of its financial statements. The policies are in accordance with generally accepted accounting principles in the United States of America (“GAAP”). The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts and disclosures in the financial statements. Actual results could differ from those estimates. The Fund is considered an investment company for financial reporting purposes under GAAP and follows the accounting and reporting guidance in Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”) Topic 946 — Financial Services — Investment Companies.

A) SECURITY VALUATION — The Board of Trustees (the “Board”) is responsible for the Fund’s valuation process. The Board has delegated the supervision of the daily valuation process to Credit Suisse who has established a Pricing Committee which, pursuant to the policies adopted by the Board, is responsible for making fair valuation determinations and overseeing the Fund’s pricing policies. The net asset value of the Fund is determined daily as of the close of regular trading on the New York Stock Exchange, Inc. (the “Exchange”) on each day the Exchange is open for business. The valuations for fixed income securities (which may include, but are not limited to, corporate, government, municipal, mortgage-backed, collateralized mortgage obligations and asset-backed securities) and certain derivative instruments are typically the prices supplied by independent third party pricing services, which may use market prices or broker/dealer quotations or a variety of valuation techniques and methodologies. The independent third party pricing services use inputs that are observable such as issuer details, interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates and quoted prices for similar securities. These pricing services generally price fixed income securities assuming orderly transactions of an institutional “round lot” size, but some trades occur in smaller “odd lot” sizes which may be effected at lower prices than institutional round lot trades. Structured note agreements are valued in accordance with a dealer-supplied valuation based on changes in the value of the underlying index. Futures contracts are valued daily at the settlement price established by the board of trade or exchange on which they are traded. Forward contracts are valued at the London closing spot rates and the London closing forward point rates on a daily basis. The currency forward contract pricing model derives the differential in point rates to the expiration date of the forward and calculates its present value. Equity securities for which market quotations are available are valued at the last reported sales price or official closing price on the primary market or exchange on which they trade. The Fund may utilize a service provided by an independent third party which has been approved by the Board to fair value certain securities. When fair value pricing is employed, the prices of securities used by the Fund to calculate its net asset value may differ from quoted or published prices for the same securities. If independent third party pricing services are unable to supply prices for a portfolio investment, or if the prices supplied are deemed by the investment adviser to be unreliable, the market price may be determined by the investment adviser using quotations from one or more brokers/dealers or at the transaction price if the security has recently been purchased and no value has yet been obtained from a pricing service or pricing broker. When reliable prices are not readily available, such as when the value of a security has been significantly affected by

22

Credit Suisse High Yield Bond Fund

Notes to Financial Statements (continued)

October 31, 2018

Note 2. Significant Accounting Policies (continued)

events after the close of the exchange or market on which the security is principally traded, but before the Fund calculates its net asset value, these securities will be fair valued in good faith by the Pricing Committee, in accordance with procedures adopted by the Board.

The Fund uses valuation techniques to measure fair value that are consistent with the market approach and/or income approach, depending on the type of security and the particular circumstance. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable securities. The income approach uses valuation techniques to discount estimated future cash flows to present value.

GAAP established a disclosure hierarchy that categorizes the inputs to valuation techniques used to value assets and liabilities at each measurement date. These inputs are summarized in the three broad levels listed below:

• Level 1 — quoted prices in active markets for identical investments

• Level 2 — other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 — significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used as of October 31, 2018 in valuing the Fund’s assets and liabilities carried at fair value:

Assets	Level 1		Level 2		Level 3			Total
Investments in Securities
Corporate Bonds	$	—	$	302,650,600	$	1,554,070	(1)	$	304,204,670	(1)
Bank Loans		—		51,571,902		15,532,190			67,104,092
Asset Backed Security		—		1,505,019		—			1,505,019
Common Stocks		4,333,578		—		3,450,657	(1)		7,784,235	(1)
Preferred Stock		—		—		0	(1)		0	(1)
Short-term Investment		—		21,168,568		—			21,168,568
	$	4,333,578	$	376,896,089	$	20,536,917	(1)	$	401,766,584	(1)
Other Financial Instruments*
Forward Foreign Currency Contracts	$	—	$	185,403	$	—		$	185,403

⁽¹⁾ Includes zero valued securities.

* Other financial instruments include unrealized appreciation (depreciation) on forward foreign currency contracts.

23

Credit Suisse High Yield Bond Fund

Notes to Financial Statements (continued)

October 31, 2018

Note 2. Significant Accounting Policies (continued)

The following is a reconciliation of investments as of October 31, 2018 for which significant unobservable inputs were used in determining fair value. All transfers, if any, are assumed to occur at the end of the reporting period.

	Corporate Bonds			Bank Loans			Common Stocks			Preferred Stock			Total
Balance as of October 31, 2017	$	2,852,603		$	13,055,574		$	3,243,069	(1)	$	0	(1)	$	19,151,246	(1)
Accrued discounts (premiums)		43,587			90,719			—			—			134,306
Purchases		2,481,149			11,676,450			1,004,130			—			15,161,729
Sales		(3,767,117	)		(6,625,018	)		(1,393,006	)		—			(11,785,141	)
Realized gain (loss)		(71,547	)		23,612			(770,279	)		—			(818,214	)
Change in unrealized appreciation (depreciation)		15,395			(2,000,104	)		1,366,743			—			(617,966	)
Transfers into Level 3		—			5,611,716			—			—			5,611,716
Transfers out of Level 3		—			(6,300,759	)		—			—			(6,300,759	)
Balance as of October 31, 2018	$	1,554,070	(1)	$	15,532,190		$	3,450,657	(1)	$	0	(1)	$	20,536,917	(1)
Net change in unrealized appreciation (depreciation) from investments still held as of October 31, 2018	$	4,924		$	(1,481,173	)	$	(246,199	)	$	—		$	(1,722,448	)

⁽¹⁾ Includes zero valued securities.

Quantitative Disclosure About Significant Unobservable Inputs

Asset Class	Fair Value At 10/31/2018		Valuation Techniques		Unobservable Input		Range (Weighted Average per share)
Corporate Bonds	$	9,780		Income Approach		Expected Remaining Distribution	$0.00-$0.04 ($0.00)
	$	1,544,290		Vendor Pricing		Single Broker Quote	NA
Bank Loans	$	302,127		Market Approach		Comparable Bond Price	NA
	$	15,230,063		Vendor Pricing		Single Broker Quote	$0.34-$1.01 ($0.79)
Common Stocks	$	11		Market Approach/ Income Approach		Comparable Bond Price, Discounted Cash Flows	NA
	$	366,103		Market Approach		Discount for Illiquidity and EBITDA Multiples	$0.00-$174.30 ($132.22)
	$	3,084,543		Vendor Pricing		Single Broker Quote	$7.00-$21.00 ($13.94)
Preferred Stock	$	0		Market Approach		Discount For Illiquidity	NA

Each fair value determination is based on a consideration of relevant factors, including both observable and unobservable inputs. Observable and unobservable inputs that Credit Suisse Asset Management, LLC, the Fund’s investment adviser (“Credit Suisse” or the “Adviser”) considers may include (i) the existence of any contractual restrictions on the disposition of securities; (ii) information obtained from the company, which may include an analysis of the company’s financial statements, the company’s products or intended markets or the company’s technologies; (iii) the price of the same or similar security negotiated at arm’s length in an issuer’s completed subsequent round of financing; (iv) the price and extent of public trading in similar securities of the issuer or of comparable companies; or (v) a probability and time value adjusted analysis of contractual term. Where available and appropriate, multiple valuation methodologies are applied to confirm fair value. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, determining fair value requires more judgment. Because of the inherent uncertainty of valuation, those estimated values may be materially higher or lower than the values that would have been used had a ready market for the investments existed. Accordingly, the degree of judgment exercised by the Fund in determining fair value is greatest for

24

Credit Suisse High Yield Bond Fund

Notes to Financial Statements (continued)

October 31, 2018

Note 2. Significant Accounting Policies (continued)

investments categorized in Level 3. In some circumstances, the inputs used to measure fair value might be categorized within different levels of the fair value hierarchy. In those instances, the fair value measurement is categorized in its entirety in the fair value hierarchy based on the least observable input that is significant to the fair value measurement. Additionally, changes in the market environment and other events that may occur over the life of the investments may cause the gains or losses ultimately realized on these investments to be different from the valuations used at the date of these financial statements.

For the year ended October 31, 2018, there were no transfers between Level 1 and Level 2, but there was $5,611,716 transferred from Level 2 to Level 3 due to a lack of a pricing source supported by observable inputs and $6,300,759 transferred from Level 3 to Level 2 as a result of the availability of a pricing source supported by observable inputs. All transfers, if any, are assumed to occur at the end of the reporting period.

B) DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES — The Fund adopted amendments to authoritative guidance on disclosures about derivative instruments and hedging activities which require that a fund disclose (a) how and why an entity uses derivative instruments, (b) how derivative instruments and hedging activities are accounted for and (c) how derivative instruments and related hedging activities affect a fund’s financial position, financial performance and cash flows.

The following table presents the fair value and the location of derivatives within the Statement of Assets and Liabilities at October 31, 2018 and the effect of these derivatives on the Statement of Operations for the year ended October 31, 2018.

Primary Underlying Risk	Derivative Assets		Derivative Liabilities		Realized Gain (Loss)		Change in Unrealized Appreciation(Depreciation)
Foreign currency exchange rate forward contracts	$	185,403	$	—	$	234,019	$	44,374

For the year ended October 31, 2018, the Fund held an average monthly value on a net basis of $21,341,873 in forward foreign currency contracts.

The Fund is a party to International Swap and Derivatives Association, Inc. (“ISDA”) Master Agreements (“Master Agreements”) with certain counterparties that govern over-the-counter derivative (including Total Return, Credit Default and Interest Rate Swaps) and foreign exchange contracts entered into by the Fund. The Master Agreements may contain provisions regarding, among other things, the parties’ general obligations, representations, agreements, collateral requirements, events of default and early termination. Termination events applicable to the Fund may occur upon a decline in the Fund’s net assets below a specified threshold over a certain period of time.

The following table presents by counterparty the Fund’s derivative assets, net of related collateral held by the Fund, at October 31, 2018:

Counterparty	Gross Amount of Derivative Assets Presented in the Statement of Assets and Liabilities(a)		Financial Instruments and Derivatives Available for Offset		Non-Cash Collateral Received		Cash Collateral Received		Net Amount of Derivative Assets
Morgan Stanley	$	185,403	$	—	$	—	$	—	$	185,403

^(a) Forward foreign currency contracts are included.

25

Credit Suisse High Yield Bond Fund

Notes to Financial Statements (continued)

October 31, 2018

Note 2. Significant Accounting Policies (continued)

C) FOREIGN CURRENCY TRANSACTIONS — The books and records of the Fund are maintained in U.S. dollars. Transactions denominated in foreign currencies are recorded at the current prevailing exchange rates. All assets and liabilities denominated in foreign currencies, including purchases and sales of investments, and income and expenses, are translated into US dollar amounts on the date of those transactions.

The Fund does not isolate that portion of the results of operations resulting from fluctuations in foreign exchange rates on investments from the fluctuations arising from changes in market prices of investments held. Such fluctuations are included with net realized and unrealized gain or loss from investments in the Statement of Operations.

Reported net realized gain (loss) from foreign currency transactions arises from sales of foreign currencies; currency gains or losses realized between the trade and settlement dates on securities transactions; and the difference between the amounts of dividends, interest, and foreign withholding taxes recorded on the Fund’s books and the U.S. dollar equivalent of the amounts actually received or paid. Net change in unrealized gains and losses on translation of assets and liabilities denominated in foreign currencies arises from changes in the fair values of assets and liabilities, other than investments, at the end of the period, resulting from changes in exchange rates.

D) SECURITY TRANSACTIONS AND INVESTMENT INCOME/EXPENSE — Security transactions are accounted for on a trade date basis. Interest income/expense is recorded on the accrual basis. The Fund amortizes premiums and accretes discounts using the effective interest method. Dividend income/expense is recorded on the ex-dividend date. The cost of investments sold is determined by use of the specific identification method for both financial reporting and income tax purposes. To the extent any issuer defaults or a credit event occurs that impacts the issuer, the Fund may halt any additional interest income accruals and consider the realizability of interest accrued up to the date of default or credit event.

E) DIVIDENDS AND DISTRIBUTIONS TO SHAREHOLDERS — The Fund declares and pays dividends on a monthly basis and records them on ex-date. Distributions of net realized capital gains, if any, are declared and paid at least annually. However, to the extent that a net realized capital gain can be reduced by a capital loss carryforward, such gain will not be distributed. Dividends and distributions to shareholders of the Fund are recorded on the ex-dividend date and are determined in accordance with federal income tax regulations, which may differ from GAAP.

The Fund’s dividend policy is to distribute substantially all of its net investment income to its shareholders on a monthly basis. However, in order to provide shareholders with a more consistent yield to the current trading price of shares of common stock of the Fund, the Fund may at times pay out less than the entire amount of net investment income earned in any particular month and may at times in any month pay out such accumulated but undistributed income in addition to net investment income earned in that month. As a result, the dividends paid by the Fund for any particular month may be more or less than the amount of net investment income earned by the Fund during such month.

F) FEDERAL AND OTHER TAXES — No provision is made for federal taxes as it is the Fund’s intention to continue to qualify as a regulated investment company (“RIC”) under the Internal Revenue Code of 1986, as amended (the “Code”), and to make the requisite distributions to its shareholders, which will be sufficient to relieve it from federal income and excise taxes.

In order to qualify as a RIC under the Code, the Fund must meet certain requirements regarding the source of its income, the diversification of its assets and the distribution of its income. One of these requirements is that the

26

Credit Suisse High Yield Bond Fund

Notes to Financial Statements (continued)

October 31, 2018

Note 2. Significant Accounting Policies (continued)

Fund derive at least 90% of its gross income for each taxable year from dividends, interest, payments with respect

to certain securities loans, gains from the sale or other disposition of stock, securities or foreign currencies, other income derived with respect to its business of investing in such stock, securities or currencies or net income derived from interests in certain publicly-traded partnerships (“Qualifying Income”).

The Fund adopted the authoritative guidance for uncertainty in income taxes and recognizes a tax benefit or liability from an uncertain position only if it is more likely than not that the position is sustainable based solely on its technical merits and consideration of the relevant taxing authority’s widely understood administrative practices and procedures. The Fund has reviewed its current tax positions and has determined that no provision for income tax is required in the Fund’s financial statements. The Fund’s federal and state income and federal excise tax returns for tax years for which the applicable statutes of limitations have not expired are subject to examination by the Internal Revenue Service and state departments of revenue.

G) CASH — The Fund’s uninvested cash balance is held in an interest bearing variable rate demand deposit account at State Street Bank and Trust Company (“SSB”), the Fund’s custodian.

H) CASH FLOW INFORMATION — Cash, as used in the Statement of Cash Flows, is the amount reported in the Statement of Assets and Liabilities, including domestic and foreign currencies. The Fund invests in securities and distributes dividends from net investment income and net realized gains, if any (which are either paid in cash or reinvested at the discretion of shareholders). These activities are reported in the Statement of Changes in Net Assets. Information on cash payments is presented in the Statement of Cash Flows. Accounting practices that do not affect reporting activities on a cash basis include unrealized gain or loss on investment securities and accretion or amortization income/expense recognized on investment securities.

I) FORWARD FOREIGN CURRENCY CONTRACTS — A forward foreign currency exchange contract (“forward currency contract”) is a commitment to purchase or sell a foreign currency at the settlement date at a negotiated rate. The Fund will enter into forward currency contracts primarily for hedging foreign currency risk. Forward currency contracts are valued at the prevailing forward exchange rate of the underlying currencies and unrealized gain/loss is recorded daily. On the settlement date of the forward currency contract, the Fund records a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value of the contract at the time it was closed. Certain risks may arise upon entering into forward currency contracts from the potential inability of counterparties to meet the terms of their contracts. The maximum counterparty credit risk to the Fund is measured by the unrealized gain on appreciated contracts. Additionally, when utilizing forward currency contracts to hedge, the Fund forgoes the opportunity to profit from favorable exchange rate movements during the term of the contract. The Fund’s open forward currency contracts at October 31, 2018 are disclosed in the Schedule of Investments.

J) UNFUNDED LOAN COMMITMENTS — The Fund enters into certain agreements, all or a portion of which may be unfunded. The Fund is obligated to fund these loan commitments at the borrowers’ discretion. Funded and unfunded portions of credit agreements are presented in the Schedule of Investments. As of October 31, 2018, unfunded commitments were as follows:

Borrower	Maturity		Rate		Unfunded Commitment
Bulldog Purchaser, Inc.		08/21/26		3.875	$	135,474

27

Credit Suisse High Yield Bond Fund

Notes to Financial Statements (continued)

October 31, 2018

Note 2. Significant Accounting Policies (continued)

Unfunded loan commitments and funded portions of credit agreements are marked to market daily and any unrealized appreciation or depreciation is included in the Statement of Assets and Liabilities and the Statement of Operations.

K) SECURITIES LENDING — The initial collateral received by the Fund is required to have a value of at least 102% of the market value of domestic securities on loan (including any accrued interest thereon) and 105% of the market value of foreign securities on loan (including any accrued interest thereon). The collateral is maintained thereafter at a value equal to at least 102% of the current market value of the securities on loan. The market value of loaned securities is determined at the close of each business day of the Fund and any additional required collateral is delivered to the Fund, or excess collateral returned by the Fund, on the next business day. Cash collateral received by the Fund in connection with securities lending activity may be pooled together with cash collateral for other funds/portfolios advised by Credit Suisse and may be invested in a variety of investments, including funds advised by SSB, the Fund’s securities lending agent, or money market instruments. However, in the event of default or bankruptcy by the other party to the agreement, realization and/or retention of the collateral may be subject to legal proceedings.

SSB has been engaged by the Fund to act as the Fund’s securities lending agent. As of October 31, 2018, the Fund had investment securities on loan with a fair value of $20,646,922. Collateral received for securities loaned and a related liability of $21,168,568 are presented gross in the Statement of Assets and Liabilities. The collateral for securities loaned is valued consistently with the other investments held by the Fund and is included in Level 2 of the fair value hierarchy. As of October 31, 2018, the value of the related collateral exceeded the value of the securities loaned.

The Fund’s securities lending arrangement provides that the Fund and SSB will share the net income earned from securities lending activities. Securities lending income is accrued as earned. During the year ended October 31, 2018, total earnings from the Fund’s investment in cash collateral received in connection with securities lending arrangements was $241,209, of which $123,083 was rebated to borrowers (brokers). The Fund retained $88,551 in income from the cash collateral investment, and SSB, as lending agent, was paid $29,575.

L) OTHER — Lower-rated debt securities (commonly known as “junk bonds”) possess speculative characteristics and are subject to greater market fluctuations and risk of lost income and principal than higher-rated debt securities for a variety of reasons. Also, during an economic downturn or substantial period of rising interest rates, highly leveraged issuers may experience financial stress which would adversely affect their ability to service their principal and interest payment obligations, to meet projected business goals and to obtain additional financing.

In the normal course of business the Fund trades financial instruments and enters into financial transactions for which risk of potential loss exists due to changes in the market (market risk) or failure of the other party to a transaction to perform (credit risk). Similar to credit risk, the Fund may be exposed to counterparty risk, including securities lending, or the risk that an institution or other entity with which the Fund has unsettled or open transactions will default. The potential loss could exceed the value of the financial assets recorded in the financial statements. Financial assets, which potentially expose the Fund to credit risk, consist principally of cash due from counterparties and investments. The extent of the Fund’s exposure to credit and counterparty risks in respect to these financial assets approximates their carrying value as recorded in the Fund’s Statement of Assets and Liabilities.

28

Credit Suisse High Yield Bond Fund

Notes to Financial Statements (continued)

October 31, 2018

Note 2. Significant Accounting Policies (continued)

In addition, periods of economic uncertainty and changes can be expected to result in increased volatility of market prices of lower-rated debt securities and the Fund’s net asset value.

M) RECENT ACCOUNTING PRONOUNCEMENTS — In March 2017, the FASB issued Accounting Standards Update 2017-08, Receivables—Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization On Purchased Callable Debt Securities (“ASU 2017-08”). The update shortens the amortization period for the premium on certain purchased callable debt securities to the earliest call date. ASU 2017-08 will be effective for annual periods beginning after December 15, 2018. Management is currently assessing the potential impact of these changes to future financial statements.

Also, in August 2018, the FASB issued Accounting Standards Update 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework—Changes to the Disclosure Requirements for Fair Value Measurement (“ASU 2018-13”). The update provides guidance that eliminates, adds and modifies certain disclosure requirements for fair value measurements. ASU 2018-13 will be effective for annual periods beginning after December 15, 2019. Management is currently assessing the potential impact of these changes to future financial statements.

N) SUBSEQUENT EVENTS — In preparing the financial statements as of October 31, 2018, management considered the impact of subsequent events for potential recognition or disclosure in these financial statements through the date of release of this report. No such events requiring recognition or disclosure were identified through the date of the release of this report.

Note 3. Transactions with Affiliates and Related Parties

Credit Suisse serves as investment adviser for the Fund. For its investment advisory services, Credit Suisse is entitled to receive a fee from the Fund at an annual rate of 1.00% of the first $250 million of the average weekly value of the Fund’s total assets minus the sum of liabilities (other than aggregate indebtedness constituting leverage) and 0.75% of the average weekly value of the Fund’s total assets minus the sum of liabilities (other than aggregate indebtedness constituting leverage) greater than $250 million. Effective January 1, 2011, Credit Suisse has agreed to waive 0.15% of the fees payable under the Advisory Agreement up to $200 million and 0.25% of the fees payable under the Advisory Agreement on the next $50 million. For the year ended October 31, 2018, investment advisory fees earned and voluntarily waived were $3,670,574 and $424,999, respectively. Fee waivers and expense reimbursements are voluntary and may be discontinued by Credit Suisse at any time.

SSB serves as Accounting and Administrative Agent for the Fund. For its administrative services, SSB receives a fee, exclusive of out-of-pocket expenses, calculated in total for all the Credit Suisse funds/portfolios co-administered by SSB and allocated based upon the relative average net assets of each fund/portfolio, subject to an annual minimum fee. For the year ended October 31, 2018, administrative services fees earned by SSB (including out-of-pocket expenses) with respect to the Fund were $72,934.

Prior to March 12, 2018, the Independent Trustees received a minimum of fifty percent (50%) of their annual retainer in the form of shares. During the year ended October 31, 2018 and 2017, 8,121 shares and 19,469 shares, respectively, were issued through the Trustees’ compensation plan. Trustees as a group own less than 1% of the Fund’s outstanding shares.

The Fund from time to time purchases or sells loan investments in the secondary market through Credit Suisse or its affiliates acting in the capacity as broker-dealer. Credit Suisse or its affiliates may have acted in some type of agent capacity to the initial loan offering prior to such loan trading in the secondary market.

29

Credit Suisse High Yield Bond Fund

Notes to Financial Statements (continued)

October 31, 2018

Note 4. Line of Credit

The Fund has a line of credit provided by SSB primarily to leverage its investment portfolio (the “Agreement”). The Fund may borrow the lesser of: a) $160,000,000; b) an amount that is no greater than 33 1/3% of the Fund’s total assets minus the sum of liabilities (other than aggregate indebtedness constituting leverage); and c) the Borrowing Base as defined in the Agreement. Under the terms of the Agreement, the Fund pays a commitment fee of 0.25% on the unused amount. In addition, the Fund pays interest on borrowings at LIBOR plus a spread. At October 31, 2018, the Fund had loans outstanding under the Agreement of $124,000,000. The Agreement was renewed on November 30, 2018 with a new termination date of November 29, 2019. During the year ended October 31, 2018, the Fund had borrowings under the Agreement as follows:

Average Daily Loan Balance		Weighted Average Interest Rate %			Maximum Daily Loan Outstanding		Interest Expense
$	126,126,027		2.58	%	$	134,000,000	$	3,300,558

The use of leverage by the Fund creates an opportunity for increased net income and capital appreciation for the Fund, but, at the same time, creates special risks, and there can be no assurance that a leveraging strategy will be successful during any period in which it is employed. The Fund intends to utilize leverage to provide the shareholders with a potentially higher return. Leverage creates risks for shareholders including the likelihood of greater volatility of net asset value and market price of the Fund’s shares and the risk that fluctuations in interest rates on borrowings and short-term debt may affect the return to shareholders. To the extent the income or capital appreciation derived from securities purchased with funds received from leverage exceeds the cost of leverage, the Fund’s return will be greater than if leverage had not been used. Conversely, if the income or capital appreciation from the securities purchased with such funds is not sufficient to cover the cost of leverage, the return to the Fund will be less than if leverage had not been used, and therefore the amount available for distribution to shareholders as dividends and other distributions will be reduced. In the latter case, Credit Suisse in its best judgment nevertheless may determine to maintain the Fund’s leveraged position if it deems such action to be appropriate under the circumstances. During periods in which the Fund is utilizing leverage, the management fee will be higher than if the Fund did not utilize a leveraged capital structure because the fee is calculated as a percentage of the managed assets including those purchased with leverage.

Certain types of borrowings by the Fund may result in the Fund being subject to covenants in credit agreements, including those relating to asset coverage and portfolio composition requirements. The securities held by the Fund are subject to a lien granted to the lender, to the extent of the borrowing outstanding and any additional expenses. The Fund’s lenders may establish guidelines for borrowing which may impose asset coverage or portfolio composition requirements that are more stringent than those imposed by the 1940 Act. There is no guarantee that the Fund’s borrowing arrangements or other arrangements for obtaining leverage will continue to be available, or if available, will be available on terms and conditions acceptable to the Fund. Expiration or termination of available financing for leveraged positions can result in adverse effects to the Fund’s access to liquidity and its ability to maintain leverage positions, and may cause the Fund to incur losses. Unfavorable economic conditions also could increase funding costs, limit access to the capital markets or result in a decision by lenders not to extend credit to the Fund. In addition, a decline in market value of the Fund’s assets may have particular adverse consequences in instances where the Fund has borrowed money based on the market value of those assets. A decrease in market value of those assets may result in the lender requiring the Fund to sell assets at a time when it may not be in the Fund’s best interest to do so.

30

Credit Suisse High Yield Bond Fund

Notes to Financial Statements (continued)

October 31, 2018

Note 5. Purchases and Sales of Securities

For the year ended October 31, 2018, purchases and sales of investment securities (excluding short-term investments) were $168,307,569 and $166,604,069 respectively.

Note 6. Fund Shares

The Fund offers a Dividend Reinvestment Plan (the “Plan”) to its common stockholders. By participating in the Plan, dividends and distributions will be promptly paid to stockholders in additional shares of common stock of the Fund. The number of shares to be issued will be determined by dividing the total amount of the distribution payable by the greater of (i) the net asset value per share (“NAV”) of the Fund’s common stock on the payment date, or (ii) 95% of the market price per share of the Fund’s common stock on the payment date. If the NAV of the Fund’s common stock is greater than the market price (plus estimated brokerage commissions) on the payment date, Computershare (or a broker-dealer selected by Computershare) shall endeavor to apply the amount of such distribution to purchase shares of Fund common stock in the open market.

The Fund has one class of shares of beneficial interest, par value $.001 per share; an unlimited number of shares are authorized. Transactions in shares of beneficial interest of the Fund were as follows:

	For the Year Ended October 31, 2018		For the Year Ended October 31, 2017
Shares issued through the Trustees compensation plan		8,121		19,469
Shares issued through at-the-market offerings		435,920		2,873,516
Shares issued through reinvestment of dividends		49,429		94,955
Net increase		493,470		2,987,940

Note 7. Shelf Offering

The Fund has an effective “shelf” registration statement. The shelf registration statement enables the Fund to issue up to $90,000,000 in proceeds through one or more public offerings. Shares may be offered at prices and terms to be set forth in one or more supplements to the Fund’s prospectus included in the shelf registration statement. On July 17, 2017, the Fund filed a prospectus supplement relating to an at-the-market offering of the Fund’s shares of common stock. Any proceeds raised through such offering will be used for investment purposes. Offering costs relating to the at-the-market offering of $205,804 were charged to capital during the fiscal year ended October 31, 2017. Transactions in shares of common stock in at-the-market offerings, resulting in proceeds (net of commissions) to the Fund were as follows:

	For the Year Ended October 31, 2018		For the Year Ended October 31, 2017
Shares issued through at-the-market offerings		435,920		2,873,516
Proceeds (net of commissions)	$	1,218,333	$	8,094,113

Note 8 . Income Tax Information and Distributions to Shareholders

Income and capital gain distributions are determined in accordance with federal income tax regulations, which may differ from GAAP.

31

Credit Suisse High Yield Bond Fund

Notes to Financial Statements (continued)

October 31, 2018

Note 8 . Income Tax Information and Distributions to Shareholders (continued)

The tax character of distributions paid by the Fund during the fiscal years ended October 31, 2018 and 2017, respectively, was as follows:

Ordinary Income				Return of Capital
2018		2017		2018		2017
$	21,867,417	$	22,332,510	$	3,775,810	$	4,663,429

The tax basis components of distributable earnings differ from the amounts reflected in the Statement of Assets and Liabilities by temporary book/tax differences. These differences are primarily due to differing treatments of wash sales and mark to market of forward contracts. At October 31, 2018, the components of distributable earnings on a tax basis were as follows:

Accumulated realized loss	$	(23,081,803	)
Unrealized depreciation		(12,984,878	)
	$	(36,066,681	)

At October 31, 2018, the Fund had unlimited long-term capital loss carryforwards available to offset possible future capital gains as follows:

Unlimited Long-Term
Loss Carryforwards

$23,081,803

During the tax year ended October 31, 2018, the Fund utilized $631,767 of capital loss carryforwards and $6,207,338 of capital loss carryforwards expired.

At October 31, 2018, the cost and net unrealized appreciation (depreciation) of investments and derivatives for income tax purposes were as follows:

Cost of Investments	$	414,847,013
Unrealized appreciation	$	5,581,320
Unrealized depreciation		(18,476,346	)
Net unrealized appreciation (depreciation)	$	(12,895,026	)

To adjust for current period permanent book/tax differences which arose principally from differing book/tax treatment of foreign currency gain/loss and defaulted bonds, paid-in capital was charged $6,207,499, and distributable earnings/loss was credited $6,207,499. Net assets were not affected by this reclassification.

Note 9. Contingencies

In the normal course of business, the Fund may provide general indemnifications pursuant to certain contracts and organizational documents. The Fund’s maximum exposure under these arrangements is dependent on future claims that may be made against the Fund and, therefore, cannot be estimated; however, based on experience, the risk of loss from such claims is considered remote.

32

Credit Suisse High Yield Bond Fund

Report of Independent Registered Public Accounting Firm

To the Board of Trustees and Shareholders

Credit Suisse High Yield Bond Fund:

Opinion on the Financial Statements

We have audited the accompanying statement of assets and liabilities of Credit Suisse High Yield Bond Fund (the “Fund”) including the schedule of investments, as of October 31, 2018, and the related statement of operations and cash flows for the year then ended, the statements of changes in net assets for each of the years in the two-year period then ended, and the related notes (collectively, the “financial statements”) and the financial highlights for each of the years in the four-year period then ended. In our opinion, the financial statements and financial highlights present fairly, in all material respects, the financial position of Credit Suisse High Yield Bond Fund as of October 31, 2018, the results of its operations and cash flows for the year then ended, the changes in its net assets for each of the years in the two-year period then ended, and the financial highlights for each of the years in the four-year period then ended, in conformity with U.S. generally accepted accounting principles. The financial highlights for the year ended October 31, 2014 were audited by other independent registered public accountants whose report, dated December 29, 2014, expressed an unqualified opinion on those financial highlights.

Basis for Opinion

These financial statements and financial highlights are the responsibility of the Fund’s management. Our responsibility is to express an opinion on these financial statements and financial highlights based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Fund in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements and financial highlights, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements and financial highlights. Such procedures also included confirmation of securities owned as of October 31, 2018, by correspondence with the custodian and brokers or by other appropriate auditing procedures. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements and financial highlights. We believe that our audits provide a reasonable basis for our opinion.

We have served as the auditor of one or more Credit Suisse Asset Management, LLC investment companies since 2015.

New York, New York

December 28, 2018

33

Credit Suisse High Yield Bond Fund

Information Concerning Trustees and Officers (unaudited)

Name, Address (Year of Birth)	Position(s) Held with Fund	Term of Office1 and Length of Time Served	Principal Occupation(s) During Past Five Years	Number of Portfolios in Fund Complex Overseen  by Trustee		Other Trusteeships Held by Trustee During Past Five Years
Independent Trustees
Terry F. Bovarnick c/o Credit Suisse Asset Management, LLC Attn: General Counsel Eleven Madison Avenue New York, New York 10010 (1958)	Trustee; Nominating Committee and Audit Committee member	Since 2006; current term ends at the 2020 annual meeting	Currently retired.		2	None.
James J. Cattano c/o Credit Suisse Asset Management, LLC Attn: General Counsel Eleven Madison Avenue New York, New York 10010 (1943)	Trustee; Nominating Committee member and Audit Committee Chairman	Since 2006; current term ends at the 2021 annual meeting	President of Coastal Trade Corporation from October 2009 to September 2013; President, Primary Resource, Inc. (an international trading and manufacturing company specializing in the sale of agricultural commodities throughout Latin American markets) from October 1996 to October 2011.		2	Director of Aberdeen Emerging Markets Equity Income Fund, Inc. (a closed-end investment company).
Lawrence J. Fox c/o Credit Suisse Asset Management, LLC Attn: General Counsel Eleven Madison Avenue New York, New York 10010 (1943)	Trustee; Nominating Committee member	Since 2001; current term ends at the 2021 annual meeting	Partner of Schoeman, Updike & Kaufman LLP (law firm) since February 2017; Partner of Drinker Biddle & Reath (law firm) from 1972 to January 2017, Lecturer at Yale Law School since 2009.		2	Director of Aberdeen Emerging Markets Equity Income Fund, Inc. (a closed-end investment company); Director of Dynasil Corporation of America (a manufacturing company).

¹  Each Trustee and Officer serves until his or her respective successor has been duly elected and qualified.

34

Credit Suisse High Yield Bond Fund

Information Concerning Trustees and Officers (unaudited) (continued)

Name, Address (Year of Birth)	Position(s) Held with Fund	Term of Office1 and Length of Time Served	Principal Occupation(s) During Past Five Years	Number of Portfolios in Fund Complex Overseen  by Trustee		Other Trusteeships Held by Trustee During Past Five Years
Steven N. Rappaport Lehigh Court, LLC 555 Madison Avenue 29th Floor New York, New York 10022 (1948)	Chairman of the Board, Nominating Committee Chairman and Audit Committee member	Chairman since 2012 and Trustee since 2005; current term ends at the 2018 annual meeting	Partner of Lehigh Court, LLC and RZ Capital (private investment firms) from July 2002 to present; Partner of Backstage Acquisition Holdings, LLC (publication job postings) from November 2013 to present.		9	Director of iCAD, Inc. (surgical and medical instruments and apparatus company); Director of Aberdeen Emerging Markets Equity Income Fund, Inc. (a closed-end investment company); Director of Aberdeen Funds (30 open-end portfolios); Director of Wood Resources, LLC (plywood manufacturing company) from 2003 to October 2013.
Interested Trustee
John G. Popp* Credit Suisse Asset Management, LLC Eleven Madison Avenue New York, New York 10010 (1956)	Trustee; Chief Executive Officer and President	Trustee since 2012; Chief Executive Officer and President since 2010; current term ends at the 2019 annual meeting	Managing Director of Credit Suisse Asset Management, LLC; Global Head and Chief Investment Officer of the Credit Suisse Investment Group; Associated with Credit Suisse Asset Management, LLC or its predecessor since 1997; President and Chief Executive Office of other Credit Suisse Funds.		9	None.

¹  Each Trustee and Officer serves until his or her respective successor has been duly elected and qualified.

* Mr. Popp is an “interested person” of the Fund as defined in the 1940 Act by virtue of his current position as an officer of Credit Suisse.

35

Credit Suisse High Yield Bond Fund

Information Concerning Trustees and Officers (unaudited) (continued)

Name, Address (Year of Birth)	Position(s) Held with Fund	Term of Office1 and Length of Time Served	Principal Occupation(s) During Past Five Years
Officers**
Thomas J. Flannery Credit Suisse Asset Management, LLC Eleven Madison Avenue New York, New York 10010 (1974)	Chief Investment Officer	Since 2010	Managing Director of Credit Suisse and Head of the Credit Suisse U.S. High Yield Management Team; Associated with Credit Suisse Group AG since 2000; Officer of other Credit Suisse Funds.
Emidio Morizio Credit Suisse Asset Management, LLC Eleven Madison Avenue New York, New York 10010 (1966)	Chief Compliance Officer	Since 2004	Managing Director and Global Head of Compliance of Credit Suisse since 2010; Associated with Credit Suisse since July 2000; Officer of other Credit Suisse Funds.
Lou Anne McInnis Credit Suisse Asset Management, LLC Eleven Madison Avenue New York, New York 10010 (1959)	Chief Legal Officer	Since 2015	Director of Credit Suisse; Associated with Credit Suisse since April 2015; Counsel at DLA Piper US LLP from 2011 to April 2015; Associated with Morgan Stanley Investment Management from 1997 to 2010; Officer of other Credit Suisse Funds.
Laurie Pecha Credit Suisse Asset Management, LLC Eleven Madison Avenue New York, New York 10010 (1961)	Chief Financial Officer and Treasurer	Chief Financial Officer since 2016 and Treasurer since 2018	Director of Credit Suisse since August 2016; Senior Consultant of Spectra Professional Services, LLC from January 2012 to July 2016; Vice President of Legg Mason & Co. from March 2007 to December 2011; Officer of other Credit Suisse Funds.
Karen Regan Credit Suisse Asset Management, LLC Eleven Madison Avenue New York, New York 10010 (1963)	Senior Vice President and Secretary	Since 2010	Vice President of Credit Suisse; Associated with Credit Suisse since December 2004; Officer of other Credit Suisse Funds.

¹  Each Trustee and Officer serves until his or her respective successor has been duly elected and qualified.

** The officers of the Fund shown are officers that make policy decisions.

36

Credit Suisse High Yield Bond Fund

Proxy Voting and Portfolio Holdings Information (unaudited)

Information regarding how the Fund voted proxies related to its portfolio securities during the 12-month period ended June 30 of each year, as well as the policies and procedures that the Fund uses to determine how to vote proxies relating to its portfolio securities are available:

• By calling 1-800-293-1232

• On the Fund’s website, www.credit-suisse.com/us/funds

• On the website of the Securities and Exchange Commission, www.sec.gov

The Fund files a complete schedule of its portfolio holdings for the first and third quarters of its fiscal year with the SEC on Form N-Q. The Fund’s Forms N-Q are available on the SEC’s website at www.sec.gov and may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information on the operation of the SEC’s Public Reference Room may be obtained by calling 1-202-551-8090.

Funds Managed by Credit Suisse Asset Management, LLC

CLOSED-END FUNDS

Fixed Income

Credit Suisse Asset Management Income Fund, Inc. (NYSE American: CIK)

Credit Suisse High Yield Bond Fund (NYSE American: DHY)

Literature Request — Call today for free descriptive information on the closed-ended funds listed above at 1-800-293-1232 or visit our website at www.credit-suisse.com/us/funds

OPEN-END FUNDS

Credit Suisse Commodity Return Strategy Fund	Credit Suisse Strategic Income Fund
Credit Suisse Floating Rate High Income Fund	Credit Suisse Managed Futures Strategy Fund
Credit Suisse Multialternative Strategy Fund

Fund shares are not deposits or other obligation of Credit Suisse Asset Management, LLC or any affiliate, are not FDIC-insured and are not guaranteed by Credit Suisse Asset Management, LLC or any affiliate. Fund investments are subject to investment risks, including loss of your investment. There are special risk considerations associated with international, global, emerging-markets, small-company, private equity, high-yield debt, single-industry, single-country and other special, aggressive or concentrated investment strategies. Past performance cannot guarantee future results.

More complete information about a fund, including charges and expenses, is provided in the Prospectus, which should be read carefully before investing. You may obtain copies by calling Credit Suisse Funds at 1-877-870-2874. Performance information current to the most recent month end is available at www.credit-suisse.com/us/funds.

Credit Suisse Securities (USA) LLC, Distributor.

37

Credit Suisse High Yield Bond Fund

Dividend Reinvestment and Cash Purchase Plan (unaudited)

Credit Suisse High Yield Bond Fund (the “Fund”) offers a Dividend Reinvestment and Cash Purchase Plan (the “Plan”) to its common stockholders. The Plan offers common stockholders a prompt and simple way to reinvest net investment income dividends and capital gains and other periodic distributions in shares of the Fund’s common stock. Computershare Trust Company, N.A. (“Computershare”) acts as Plan Agent for stockholders in administering the Plan.

If your shares of common stock of the Fund are registered in your own name, you will automatically participate in the Plan, unless you have indicated that you do not wish to participate and instead wish to receive dividends and capital gains distributions in cash. If you are a beneficial owner of the Fund having your shares registered in the name of a bank, broker or other nominee, you must first make arrangements with the organization in whose name your shares are registered to have the shares transferred into your own name. Registered shareholders can join the Plan via the Internet by going to www.computershare.com, authenticating your online account, agreeing to the Terms and Conditions of online “Account Access” and completing an online Plan Enrollment Form. Alternatively, you can complete the Plan Enrollment Form and return it to Computershare at the address below.

By participating in the Plan, your dividends and distributions will be promptly paid to you in additional shares of common stock of the Fund. The number of shares to be issued to you will be determined by dividing the total amount of the distribution payable to you by the greater of (i) the net asset value per share (“NAV”) of the Fund’s common stock on the payment date, or (ii) 95% of the market price per share of the Fund’s common stock on the payment date. If the NAV of the Fund’s common stock is greater than the market price (plus estimated brokerage commissions) on the payment date, then Computershare (or a broker-dealer selected by Computershare) shall endeavor to apply the amount of such distribution on your shares to purchase shares of Fund common stock in the open market.

You should be aware that all net investment income dividends and capital gain distributions are taxable to you as ordinary income and capital gain, respectively, whether received in cash or reinvested in additional shares of the Fund’s common stock.

The Plan also permits participants to purchase shares of the Fund through Computershare. You may invest $100 or more monthly, with a maximum of $100,000 in any annual period. Computershare will purchase shares for you on the open market on the 25th of each month or the next trading day if the 25th is not a trading day.

There is no service fee payable by Plan participants for dividend reinvestment. For voluntary cash payments, Plan participants must pay a service fee of $5.00 per transaction. Plan participants will also be charged a pro rata share of the brokerage commissions for all open market purchases ($0.03 per share as of October 2006). Participants will also be charged a service fee of $5.00 for each sale and brokerage commissions of $0.03 per share (as of October 2006).

You may terminate your participation in the Plan at any time by notifying Computershare or requesting a sale of your shares held in the Plan. Your withdrawal will be effective immediately if your notice is received by Computershare prior to any dividend or distribution record date; otherwise, such termination will be effective only with respect to any subsequent dividend or distribution. Your dividend participation option will remain the same unless you withdraw all of your whole and fractional Plan shares, in which case your participation in the Plan will be terminated and you will receive subsequent dividends and capital gains distributions in cash instead of shares.

38

Credit Suisse High Yield Bond Fund

Dividend Reinvestment and Cash Purchase Plan (unaudited) (continued)

If you want further information about the Plan, including a brochure describing the Plan in greater detail, please contact Computershare as follows:

By Internet: www.computershare.com

By phone: (800) 730-6001 (U.S. and Canada)

(781) 575-3100 (Outside U.S. and Canada)

Customer service associates are available from 9:00 a.m. to 5:00 p.m. Eastern time, Monday through Friday

By mail: Credit Suisse High Yield Bond Fund

c/o Computershare

P.O. Box 30170

College Station, TX 77842-3170

Overnight correspondence should be sent to:

Computershare

211 Quality Circle, Suite 210

College Station, TX 77845

All notices, correspondence, questions or other communications sent by mail should be sent by registered or certified mail, return receipt requested.

The Plan may be terminated by the Fund or Computershare upon notice in writing mailed to each participant at least 30 days prior to any record date for the payment of any dividend or distribution.

39

This report, including the financial statements herein, is sent to the shareholders of the Fund for their information. It is not a prospectus, circular or representation intended for use in the purchase or sale of shares of the Fund or of any securities mentioned in this report.

DHY-AR-1018

Item 2. Code of Ethics.

The registrant has adopted a code of ethics applicable to its Chief Executive Officer, President, Chief Financial Officer and Chief Accounting Officer, or persons performing similar functions. A copy of the code is filed as Exhibit 12(a)(1) to this Form. There were no amendments to the code during the fiscal year ended October 31, 2018. There were no waivers or implicit waivers from the code granted by the registrant during the fiscal year ended October 31, 2018.

Item 3. Audit Committee Financial Expert.

The registrant’s governing board has determined that it has one audit committee financial expert serving on its audit committee: Steven N. Rappaport. Each audit committee financial expert is “independent” for purposes of this item.

Item 4. Principal Accountant Fees and Services.

(a) through (d). The information in the table below is provided for services rendered to the registrant by its independent registered public accounting firm, KPMG LLP (“KPMG”), for its fiscal years ended October 31, 2017 and October 31, 2018.

	2017		2018
Audit Fees	$	36,400	$	38,875
Audit-Related Fees1	$	6,150	$	5,751
Tax Fees2	$	3,420	$	3,420
All Other Fees1	$	59,500	$	30,000
Total	$	105,470	$	78,046

¹  Services include agreed-upon procedures in connection with the registrant’s semi-annual financial statements $6,150 in 2017 and $5,751 in 2018. Also includes $59,500 in 2017 and $30,000 in 2018 paid to KPMG for the issuance of a comfort letter and consent letters in connection with the Fund’s registration statement on Form N-2.

²  Tax services in connection with the registrant’s excise tax calculations and review of the registrant’s applicable tax returns.

The information in the table below is provided with respect to non-audit services that directly relate to the registrant’s operations and financial reporting and that were rendered by KPMG to the registrant’s investment adviser, Credit Suisse Asset Management, LLC (“Credit Suisse”), and any service provider to the registrant controlling, controlled by or under common control with Credit Suisse that provided ongoing services to the registrant (“Covered Services Provider”), for the registrant’s fiscal years ended October 31, 2017 and October 31, 2018.

2

	2017		2018
Audit-Related Fees		N/A		N/A
Tax Fees		N/A		N/A
All Other Fees		N/A		N/A
Total		N/A		N/A

(e)(1) Pre-Approval Policies and Procedures. The Audit Committee (“Committee”) of the registrant is responsible for pre-approving (i) all audit and permissible non-audit services to be provided by the independent registered public accounting firm to the registrant and (ii) all permissible non-audit services to be provided by the independent registered public accounting firm to Credit Suisse and any Covered Services Provider if the engagement relates directly to the operations and financial reporting of the registrant. The Committee may delegate its responsibility to pre-approve any such audit and permissible non-audit services to the Chairperson of the Committee, and the Chairperson shall report to the Committee, at its next regularly scheduled meeting after the Chairperson’s pre-approval of such services, his or her decision(s). The Committee may also establish detailed pre-approval policies and procedures for pre-approval of such services in accordance with applicable laws, including the delegation of some or all of the Committee’s pre-approval responsibilities to other persons (other than Credit Suisse or the registrant’s officers). Pre-approval by the Committee of any permissible non-audit services shall not be required so long as: (i) the aggregate amount of all such permissible non-audit services provided to the registrant, Credit Suisse and any Covered Services Provider constitutes not more than 5% of the total amount of revenues paid by the registrant to its independent registered public accounting firm during the fiscal year in which the permissible non-audit services are provided; (ii) the permissible non-audit services were not recognized by the registrant at the time of the engagement to be non-audit services; and (iii) such services are promptly brought to the attention of the Committee and approved by the Committee (or its delegate(s)) prior to the completion of the audit.

(e)(2) The information in the table below sets forth the percentages of fees for services (other than audit, review or attest services) rendered by KPMG to the registrant for which the pre-approval requirement was waived pursuant to Rule 2-01(c)(7)(i)(C) of Regulation S-X:

	2017		2018
Audit-Related Fees		N/A		N/A
Tax Fees		N/A		N/A
All Other Fees		N/A		N/A
Total		N/A		N/A

3

The information in the table below sets forth the percentages of fees for services (other than audit, review or attest services) rendered by KPMG to Credit Suisse and any Covered Services Provider required to be approved pursuant to Rule 2-01(c)(7)(ii)of Regulation S-X, for the registrant’s fiscal years ended October 31, 2017 and October 31, 2018:

	2017		2018
Audit-Related Fees		N/A		N/A
Tax Fees		N/A		N/A
All Other Fees		N/A		N/A
Total		N/A		N/A

(f) Not Applicable.

(g) The aggregate fees billed by KPMG for non-audit services rendered to the registrant, Credit Suisse and Covered Service Providers for the fiscal years ended October 31, 2017 and October 31, 2018 were $0 and $0, respectively.

(h) Not Applicable.

Item 5. Audit Committee of Listed Registrants.

The registrant has a separately designated standing audit committee established in accordance with Section 3(a)(58)(A) of the Securities Exchange Act of 1934, as amended. The members of the committee are Terry Bovarnick, James Cattano, Lawrence Fox and Steven N. Rappaport.

Item 6. Schedule of Investments.

Included as part of the report to shareholders filed under Item 1 of this Form.

Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.

4

CREDIT SUISSE ASSET MANAGEMENT, LLC

CREDIT SUISSE FUNDS

CREDIT SUISSE CLOSED-END FUNDS

PROXY VOTING POLICY AND PROCEDURES

Introduction

Credit Suisse Asset Management, LLC (“Credit Suisse”) is a fiduciary that owes each of its client’s duties of care and loyalty with respect to proxy voting. The duty of care requires Credit Suisse to monitor corporate events and to vote proxies. To satisfy its duty of loyalty, Credit Suisse must cast proxy votes in the best interests of each of its clients.

The Credit Suisse Funds, and Credit Suisse Closed-End Funds (the “Funds”), which have engaged Credit Suisse Asset Management, LLC as their investment adviser, are of the belief that the proxy voting process is a means of addressing corporate governance issues and encouraging corporate actions both of which can enhance shareholder value.

Policy

The Proxy Voting Policy (the “Policy”) set forth below is designed to ensure that proxies are voted in the best interests of Credit Suisse’s clients. The Policy addresses particular issues and gives a general indication of how Credit Suisse will vote proxies. The Policy is not exhaustive and does not include all potential issues.

Proxy Voting Committee

The Proxy Voting Committee will consist of a member of a disinterested member of the Portfolio Management Department, a member of the Legal and Compliance Department, a member of the Operations Department (or their designees), and a member of Fund Administration. The purpose of the Proxy Voting Committee is to administer the voting of all clients’ proxies in accordance with the Policy. The Proxy Voting Committee will review the Policy annually to ensure that it is designed to promote the best interests of Credit Suisse’s clients.

For the reasons disclosed below under “Conflicts,” the Proxy Voting Committee has engaged the services of an independent third party (initially, Risk Metrics Group’s ISS Governance Services Unit (“ISS”)) to assist in issue analysis and vote recommendation for proxy proposals. Proxy proposals addressed by the Policy will be voted in accordance with the Policy. Proxy proposals addressed by the Policy that require a case-by-case analysis will be voted in accordance with the vote recommendation of ISS. Proxy proposals not addressed by the Policy will also be voted in accordance with the vote recommendation of ISS. To the extent that the Proxy Voting Committee proposes to deviate from the Policy or the ISS vote recommendation, the Committee shall obtain client consent as described below.

5

Credit Suisse investment professionals may submit a written recommendation to the Proxy Voting Committee to vote in a manner inconsistent with the Policy and/or the recommendation of ISS. Such recommendation will set forth its basis and rationale. In addition, the investment professional must confirm in writing that he/she is not aware of any conflicts of interest concerning the proxy matter or provide a full and complete description of the conflict.

In the event a Portfolio Manager (“PM”) desires to deviate from the stated voting parameters outlined in the Policy, the PM is required to submit a memo detailing the request and rationale for the deviation to the Chair of the Proxy Voting Committee. The Chair of the Proxy Voting Committee (“Committee”) will convene a meeting where the PM will present their recommendation. In the event an in person or telephonic meeting cannot be organized, the Chair of the Committee will circulate the PM’s request for an exception to the Proxy Voting Committee for consideration.

Should such Policy exception be approved by the Proxy Voting Committee, the Committee will forward the instructions to ISS for processing and will minute the meeting.

Conflicts

Credit Suisse is the part of the asset management business of Credit Suisse, one of the world’s leading banks. As part of a global, full service investment-bank, broker-dealer, and wealth-management organization, Credit Suisse and its affiliates and personnel may have multiple advisory, transactional, financial, and other interests in securities, instruments, and companies that may be purchased or sold by Credit Suisse for its clients’ accounts. The interests of Credit Suisse and/or its affiliates and personnel may conflict with the interests of Credit Suisse’s clients in connection with any proxy issue. In addition, Credit Suisse may not be able to identify all of the conflicts of interest relating to any proxy matter.

Consent

In each and every instance in which the Proxy Voting Committee favors voting in a manner that is inconsistent with the Policy or the vote recommendation of ISS (including proxy proposals addressed and not addressed by the Policy), it shall disclose to the client conflicts of interest information and obtain client consent to vote. Where the client is a Fund, disclosure shall be made to any one director who is not an “interested person,” as that term is defined under the Investment Company Act of 1940, as amended, of the Fund.

6

Recordkeeping

Credit Suisse is required to maintain in an easily accessible place for six years all records relating to proxy voting.

These records include the following:

• a copy of the Policy;

• a copy of each proxy statement received on behalf of Credit Suisse clients;

• a record of each vote cast on behalf of Credit Suisse clients;

• a copy of all documents created by Credit Suisse personnel that were material to making a decision on a vote or that memorializes the basis for the decision; and

• a copy of each written request by a client for information on how Credit Suisse voted proxies, as well as a copy of any written response.

Credit Suisse reserves the right to maintain certain required proxy records with ISS in accordance with all applicable regulations.

Disclosure

Credit Suisse will describe the Policy to each client. Upon request, Credit Suisse will provide any client with a copy of the Policy. Credit Suisse will also disclose to its clients how they can obtain information on their proxy votes.

ISS will capture data necessary for Funds to file Form N-PX on an annual basis concerning their proxy voting record in accordance with applicable law.

Procedures

The Proxy Voting Committee will administer the voting of all client proxies. Credit Suisse has engaged ISS as an independent third party proxy voting service to assist in the voting of client proxies. ISS will coordinate with each client’s custodian to ensure that proxy materials reviewed by the custodians are processed in a timely fashion. ISS will provide Credit Suisse with an analysis of proxy issues and a vote recommendation for proxy proposals. ISS will refer proxies to the Proxy Voting Committee for instructions when the application of the Policy is not clear. The Proxy Voting Committee will notify ISS of any changes to the Policy or deviating thereof.

PROXY VOTING POLICY

Operational Items

Adjourn Meeting

7

Proposals to provide management with the authority to adjourn an annual or special meeting will be determined on a case-by-case basis.

Amend Quorum Requirements

Proposals to reduce quorum requirements for shareholder meetings below a majority of the shares outstanding will be determined on a case-by-case basis.

Amend Minor Bylaws

Generally vote for bylaw or charter changes that are of a housekeeping nature.

Change Date, Time, or Location of Annual Meeting

Generally vote for management proposals to change the date/time/location of the annual meeting unless the proposed change is unreasonable. Generally vote against shareholder proposals to change the date/time/location of the annual meeting unless the current scheduling or location is unreasonable.

Ratify Auditors

Generally vote for proposals to ratify auditors unless: (1) an auditor has a financial interest in or association with the company, and is therefore not independent; (2) fees for non-audit services are excessive, or (3) there is reason to believe that the independent auditor has rendered an opinion, which is neither accurate nor indicative of the company’s financial position. Generally vote on a case-by-case basis on shareholder proposals asking companies to prohibit their auditors from engaging in non-audit services (or capping the level of non-audit services). Generally vote on a case-by-case basis on auditor rotation proposals taking into consideration: (1) tenure of audit firm; (2) establishment and disclosure of a renewal process whereby the auditor is regularly evaluated for both audit quality and competitive price; (3) length of the rotation period advocated in the proposal, and (4) significant audit related issues.

Board of Directors

Voting on Director Nominees in Uncontested Elections

Generally votes on director nominees on a case-by-case basis. Votes may be withheld: from directors who (1) attended less than 75% of the board and committee meetings without a valid reason for the absences; (2) implemented or renewed a dead-hand poison pill; (3) ignored a shareholder proposal that was approved by a majority of the votes cast for two consecutive years; (4) ignored a shareholder proposal approved by a majority of the shares outstanding; (5) have failed to act on takeover offers where the majority of the shareholders have tendered their

8

shares; (6) are inside directors or affiliated outside directors and sit on the audit, compensation, or nominating committee; (7) are inside directors or affiliated outside directors and the full board serves as the audit, compensation, or nominating committee or the company does not have one of these committees; or (8) are audit committee members and the non-audit fees paid to the auditor are excessive.

Cumulative Voting

Proposals to eliminate cumulative voting will be determined on a case-by-case basis. Proposals to restore or provide for cumulative voting in the absence of sufficient good governance provisions and/or poor relative shareholder returns will be determined on a case-by-case basis.

Director and Officer Indemnification and Liability Protection

Proposals on director and officer indemnification and liability protection generally evaluated on a case-by-case basis. Generally vote against proposals that would: (1) eliminate entirely directors’ and officers’ liability for monetary damages for violating the duty of care; or (2) expand coverage beyond just legal expenses to acts, such as negligence, that are more serious violations of fiduciary obligation than mere carelessness. Generally vote for only those proposals providing such expanded coverage in cases when a director’s or officer’s legal defense was unsuccessful if: (1) the director was found to have acted in good faith and in a manner that he reasonably believed was in the best interests of the company, and (2) only if the director’s legal expenses would be covered.

Filling Vacancies/Removal of Directors

Generally vote against proposals that provide that directors may be removed only for cause. Generally vote for proposals to restore shareholder ability to remove directors with or without cause. Proposals that provide that only continuing directors may elect replacements to fill board vacancies will be determined on a case-by-case basis. Generally vote for proposals that permit shareholders to elect directors to fill board vacancies.

Independent Chairman (Separate Chairman/CEO)

Generally vote for shareholder proposals requiring the position of chairman be filled by an independent director unless there are compelling reasons to recommend against the proposal, including: (1) designated lead director, elected by and from the independent board members with clearly delineated duties; (2) 2/3 independent board; (3) all independent key committees; or (4) established governance guidelines.

9

Majority of Independent Directors

Generally vote for shareholder proposals requiring that the board consist of a majority or substantial majority (two-thirds) of independent directors unless the board composition already meets the adequate threshold. Generally vote for shareholder proposals requiring the board audit, compensation, and/or nominating committees be composed exclusively of independent directors if they currently do not meet that standard. Generally withhold votes from insiders and affiliated outsiders sitting on the audit, compensation, or nominating committees. Generally withhold votes from insiders and affiliated outsiders on boards that are lacking any of these three panels. Generally withhold votes from insiders and affiliated outsiders on boards that are not at least majority independent.

Term Limits

Generally vote against shareholder proposals to limit the tenure of outside directors.

Proxy Contests

Voting on Director Nominees in Contested Elections

Votes in a contested election of directors should be decided on a case-by-case basis, with shareholders determining which directors are best suited to add value for shareholders. The major decision factors are: (1) company performance relative to its peers; (2) strategy of the incumbents versus the dissidents; (3) independence of directors/nominees; (4) experience and skills of board candidates; (5) governance profile of the company; (6) evidence of management entrenchment; (7) responsiveness to shareholders; or (8) whether takeover offer has been rebuffed.

Amend Bylaws without Shareholder Consent

Proposals giving the board exclusive authority to amend the bylaws will be determined on a case-by-case basis. Proposals giving the board the ability to amend the bylaws in addition to shareholders will be determined on a case-by-case basis.

Confidential Voting

Generally vote for shareholder proposals requesting that corporations adopt confidential voting, use independent vote tabulators and use independent inspectors of election, as long as the proposal includes a provision for proxy contests as follows: In the case of a contested election, management should be permitted to request that the dissident group honor its confidential voting policy. If the dissidents agree, the policy may remain in place. If the dissidents will not agree, the confidential voting policy may be waived. Generally vote for management proposals to adopt confidential voting.

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Cumulative Voting

Proposals to eliminate cumulative voting will be determined on a case-by-case basis. Proposals to restore or provide for cumulative voting in the absence of sufficient good governance provisions and/or poor relative shareholder returns will be determined on a case-by-case basis.

Antitakeover Defenses and Voting Related Issues

Advance Notice Requirements for Shareholder Proposals/Nominations

Votes on advance notice proposals are determined on a case-by-case basis.

Amend Bylaws without Shareholder Consent

Proposals giving the board exclusive authority to amend the bylaws will be determined on a case-by-case basis. Generally vote for proposals giving the board the ability to amend the bylaws in addition to shareholders.

Poison Pills (Shareholder Rights Plans)

Generally vote for shareholder proposals requesting that the company submit its poison pill to a shareholder vote or redeem it. Votes regarding management proposals to ratify a poison pill should be determined on a case-by-case basis. Plans should embody the following attributes: (1) 20% or higher flip-in or flip-over; (2) two to three year sunset provision; (3) no dead-hand or no-hand features; or (4) shareholder redemption feature.

Shareholders’ Ability to Act by Written Consent

Generally vote against proposals to restrict or prohibit shareholders’ ability to take action by written consent. Generally vote for proposals to allow or make easier shareholder action by written consent.

Shareholders’ Ability to Call Special Meetings

Proposals to restrict or prohibit shareholders’ ability to call special meetings or that remove restrictions on the right of shareholders to act independently of management will be determined on a case-by-case basis.

Supermajority Vote Requirements

Proposals to require a supermajority shareholder vote will be determined on a case-by-case basis. Proposals to lower supermajority vote requirements will be determined on a case-by-case basis.

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Merger and Corporate Restructuring

Appraisal Rights

Generally vote for proposals to restore, or provide shareholders with, rights of appraisal.

Asset Purchases

Generally vote case-by-case on asset purchase proposals, taking into account: (1) purchase price, including earn out and contingent payments; (2) fairness opinion; (3) financial and strategic benefits; (4) how the deal was negotiated; (5) conflicts of interest; (6) other alternatives for the business; or (7) noncompletion risk (company’s going concern prospects, possible bankruptcy).

Asset Sales

Votes on asset sales should be determined on a case-by-case basis after considering: (1) impact on the balance sheet/working capital; (2) potential elimination of diseconomies; (3) anticipated financial and operating benefits; (4) anticipated use of funds; (5) value received for the asset; fairness opinion (if any); (6) how the deal was negotiated; or (6) conflicts of interest

Conversion of Securities

Votes on proposals regarding conversion of securities are determined on a case-by-case basis. When evaluating these proposals, should review (1) dilution to existing shareholders’ position; (2) conversion price relative to market value; (3) financial issues: company’s financial situation and degree of need for capital; effect of the transaction on the company’s cost of capital; (4) control issues: change in management; change in control; standstill provisions and voting agreements; guaranteed contractual board and committee seats for investor; veto power over certain corporate actions; (5) termination penalties; (6) conflict of interest: arm’s length transactions, managerial incentives. Generally vote for the conversion if it is expected that the company will be subject to onerous penalties or will be forced to file for bankruptcy if the transaction is not approved.

Corporate Reorganization

Votes on proposals to increase common and/or preferred shares and to issue shares as part of a debt restructuring plan are determined on a case-by-case basis, after evaluating: (1) dilution to existing shareholders’ position; (2) terms of the offer; (3) financial issues; (4) management’s efforts to pursue other alternatives; (5) control issues; (6) conflict of interest. Generally vote for the debt restructuring if it is expected that the company will file for bankruptcy if the transaction is not approved.

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Reverse Leveraged Buyouts

Votes on proposals to increase common and/or preferred shares and to issue shares as part of a debt restructuring plan are determined on a case-by-case basis, after evaluating: (1) dilution to existing shareholders’ position; (2) terms of the offer; (3) financial issues; (4) management’s efforts to pursue other alternatives; (5) control issues; (6) conflict of interest. Generally vote for the debt restructuring if it is expected that the company will file for bankruptcy if the transaction is not approved.

Formation of Holding Company

Votes on proposals regarding the formation of a holding company should be determined on a case-by-case basis taking into consideration: (1) the reasons for the change; (2) any financial or tax benefits; (3) regulatory benefits; (4) increases in capital structure; (5) changes to the articles of incorporation or bylaws of the company. Absent compelling financial reasons to recommend the transaction, generally vote against the formation of a holding company if the transaction would include either of the following: (1) increases in common or preferred stock in excess of the allowable maximum as calculated a model capital structure; (2) adverse changes in shareholder rights; (3) going private transactions; (4) votes going private transactions on a case-by-case basis, taking into account: (a) offer price/premium; (b) fairness opinion; (c) how the deal was negotiated; (d) conflicts of interest; (e) other alternatives/offers considered; (f) noncompletion risk.

Joint Ventures

Vote on a case-by-case basis on proposals to form joint ventures, taking into account: (1) percentage of assets/business contributed; (2) percentage ownership; (3) financial and strategic benefits; (4) governance structure; (5) conflicts of interest; (6) other alternatives; (7) noncompletion risk; (8) liquidations. Votes on liquidations should be determined on a case-by-case basis after reviewing: (1) management’s efforts to pursue other alternatives such as mergers; (2) appraisal value of the assets (including any fairness opinions); (3) compensation plan for executives managing the liquidation. Generally vote for the liquidation if the company will file for bankruptcy if the proposal is not approved.

Mergers and Acquisitions

Votes on mergers and acquisitions should be considered on a case-by-case basis, determining whether the transaction enhances shareholder value by giving consideration to: (1) prospects of the combined companies; (2) anticipated financial and operating benefits; (3) offer price; (4) fairness opinion; (5) how the deal was negotiated; (6) changes in corporate governance and their impact on shareholder rights; (7) change in the capital structure; (8) conflicts of interest.

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Private Placements

Votes on proposals regarding private placements should be determined on a case-by-case basis. When evaluating these proposals, should review: (1) dilution to existing shareholders’ position; (2) terms of the offer; (3) financial issues; (4) management’s efforts to pursue alternatives such as mergers; (5) control issues; (6) conflict of interest. Generally vote for the private placement if it is expected that the company will file for bankruptcy if the transaction is not approved.

Prepackaged Bankruptcy Plans

Votes on proposals to increase common and/or preferred shares and to issue shares as part of a debt restructuring plan are determined on a case-by-case basis, after evaluating: (1) dilution to existing shareholders’ position; (2) terms of the offer; (3) financial issues; (4) management’s efforts to pursue other alternatives; (5) control issues; (6) conflict of interest. Generally vote for the debt restructuring if it is expected that the company will file for bankruptcy if the transaction is not approved.

Recapitalization

Votes case-by-case on recapitalizations (reclassifications of securities), taking into account: (1) more simplified capital structure; (2) enhanced liquidity; (3) fairness of conversion terms, including fairness opinion; (4) impact on voting power and dividends; (5) reasons for the reclassification; (6) conflicts of interest; (7) other alternatives considered.

Reverse Stock Splits

Generally vote for management proposals to implement a reverse stock split when the number of authorized shares will be proportionately reduced. Generally vote for management proposals to implement a reverse stock split to avoid delisting. Votes on proposals to implement a reverse stock split that do not proportionately reduce the number of shares authorized for issue should be determined on a case-by-case basis.

Spinoffs

Votes on spinoffs should be considered on a case-by-case basis depending on: (1) tax and regulatory advantages; (2) planned use of the sale proceeds; (3) valuation of spinoff; fairness opinion; (3) benefits that the spinoff may have on the parent company including improved market focus; (4) conflicts of interest; managerial incentives; (5) any changes in corporate governance and their impact on shareholder rights; (6) change in the capital structure.

Value Maximization Proposals

Vote case-by-case on shareholder proposals seeking to maximize shareholder value.

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Capital Structure

Adjustments to Par Value of Common Stock

Generally vote for management proposals to reduce the par value of common stock unless the action is being taken to facilitate an antitakeover device or some other negative corporate governance action. Generally vote for management proposals to eliminate par value.

Common Stock Authorization

Votes on proposals to increase the number of shares of common stock authorized for issuance are determined on a case-by-case basis. Generally vote against proposals at companies with dual-class capital structures to increase the number of authorized shares of the class of stock that has superior voting rights. Generally vote for proposals to approve increases beyond the allowable increase when a company’s shares are in danger of being delisted or if a company’s ability to continue to operate as a going concern is uncertain.

Dual-class Stock

Generally vote against proposals to create a new class of common stock with superior voting rights. Generally vote for proposals to create a new class of nonvoting or subvoting common stock if: (1) it is intended for financing purposes with minimal or no dilution to current shareholders; (2) it is not designed to preserve the voting power of an insider or significant shareholder.

Issue Stock for Use with Rights Plan

Generally vote against proposals that increase authorized common stock for the explicit purpose of implementing a shareholder rights plan.

Preemptive Rights

Votes regarding shareholder proposals seeking preemptive rights should be determined on a case-by-case basis after evaluating: (1) the size of the company; (2) the shareholder base; (3) the liquidity of the stock

Preferred Stock

Generally vote against proposals authorizing the creation of new classes of preferred stock with unspecified voting, conversion, dividend distribution, and other rights (“blank check” preferred stock). Generally vote for proposals to create “declawed” blank check preferred stock (stock that cannot be used as a takeover defense). Generally vote for proposals to authorize preferred stock in cases where the company specifies the voting, dividend,

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conversion, and other rights of such stock and the terms of the preferred stock appear reasonable. Generally vote against proposals to increase the number of blank check preferred stock authorized for issuance when no shares have been issued or reserved for a specific purpose. Generally vote case-by-case on proposals to increase the number of blank check preferred shares after analyzing the number of preferred shares available for issue given a company’s industry and performance in terms of shareholder returns.

Recapitalization

Vote case-by-case on recapitalizations (reclassifications of securities), taking into account: (1) more simplified capital structure; (2) enhanced liquidity; (3) fairness of conversion terms, including fairness opinion; (4) impact on voting power and dividends; (5) reasons for the reclassification; (6) conflicts of interest; (7) other alternatives considered.

Reverse Stock Splits

Generally vote for management proposals to implement a reverse stock split when the number of authorized shares will be proportionately reduced. Generally vote for management proposals to implement a reverse stock split to avoid delisting. Votes on proposals to implement a reverse stock split that do not proportionately reduce the number of shares authorized for issue should be determined on a case-by-case basis.

Share Repurchase Programs

Generally vote for management proposals to institute open-market share repurchase plans in which all shareholders may participate on equal terms.

Stock Distributions: Splits and Dividends

Generally vote for management proposals to increase the common share authorization for a stock split or share dividend, provided that the increase in authorized shares would not result in an excessive number of shares available for issuance.

Tracking Stock

Votes on the creation of tracking stock are determined on a case-by-case basis, weighing the strategic value of the transaction against such factors as: (1) adverse governance changes; (2) excessive increases in authorized capital stock; (3) unfair method of distribution; (4) diminution of voting rights; (5) adverse conversion features; (6) negative impact on stock option plans; (7) other alternatives such as a spinoff.

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Executive and Director Compensation

Executive and Director Compensation

Votes on compensation plans for directors are determined on a case-by-case basis.

Stock Plans in Lieu of Cash

Votes for plans which provide participants with the option of taking all or a portion of their cash compensation in the form of stock are determined on a case-by-case basis. Generally vote for plans which provide a dollar-for-dollar cash for stock exchange. Votes for plans which do not provide a dollar-for-dollar cash for stock exchange should be determined on a case-by-case basis.

Director Retirement Plans

Generally vote against retirement plans for nonemployee directors. Generally vote for shareholder proposals to eliminate retirement plans for nonemployee directors.

Management Proposals Seeking Approval to Reprice Options

Votes on management proposals seeking approval to reprice options are evaluated on a case-by-case basis giving consideration to the following: (1) historic trading patterns; (2) rationale for the repricing; (3) value-for-value exchange; (4) option vesting; (5) term of the option; (6) exercise price; (7) participants; (8) employee stock purchase plans. Votes on employee stock purchase plans should be determined on a case-by-case basis. Generally vote for employee stock purchase plans where: (1) purchase price is at least 85 percent of fair market value; (2) offering period is 27 months or less, and (3) potential voting power dilution (VPD) is ten percent or less. Generally vote against employee stock purchase plans where either: (1) purchase price is less than 85 percent of fair market value; (2) Offering period is greater than 27 months, or (3) VPD is greater than ten percent

Incentive Bonus Plans and Tax Deductibility Proposals

Generally vote for proposals that simply amend shareholder-approved compensation plans to include administrative features or place a cap on the annual grants any one participant may receive. Generally vote for proposals to add performance goals to existing compensation plans. Votes to amend existing plans to increase shares reserved and to qualify for favorable tax treatment considered on a case-by-case basis. Generally vote for cash or cash and stock bonus plans that are submitted to shareholders for the purpose of exempting compensation from taxes if no increase in shares is requested.

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Employee Stock Ownership Plans (ESOPs)

Generally vote for proposals to implement an ESOP or increase authorized shares for existing ESOPs, unless the number of shares allocated to the ESOP is excessive (more than five percent of outstanding shares.)

401(k) Employee Benefit Plans

Generally vote for proposals to implement a 401(k) savings plan for employees.

Shareholder Proposals Regarding Executive and Director Pay

Generally vote for shareholder proposals seeking additional disclosure of executive and director pay information, provided the information requested is relevant to shareholders’ needs, would not put the company at a competitive disadvantage relative to its industry, and is not unduly burdensome to the company. Generally vote against shareholder proposals seeking to set absolute levels on compensation or otherwise dictate the amount or form of compensation. Generally vote against shareholder proposals requiring director fees be paid in stock only. Generally vote for shareholder proposals to put option repricings to a shareholder vote. Vote for shareholders proposals to exclude pension fund income in the calculation of earnings used in determining executive bonuses/compensation. Vote on a case-by-case basis for all other shareholder proposals regarding executive and director pay, taking into account company performance, pay level versus peers, pay level versus industry, and long term corporate outlook.

Performance-Based Option Proposals

Generally vote for shareholder proposals advocating the use of performance-based equity awards (indexed, premium-priced, and performance-vested options), unless: (1) the proposal is overly restrictive; or (2) the company demonstrates that it is using a substantial portion of performance-based awards for its top executives.

Stock Option Expensing

Generally vote for shareholder proposals asking the company to expense stock options unless the company has already publicly committed to start expensing by a specific date.

Golden and Tin Parachutes

Generally vote for shareholder proposals to require golden and tin parachutes to be submitted for shareholder ratification, unless the proposal requires shareholder approval prior to entering into employment contracts. Vote on a case-by-case basis on proposals to ratify or cancel golden or tin parachutes.

May 22, 2018

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Item 8. Portfolio Managers of Closed-End Management Investment Companies.

Information pertaining to the Chief Investment Officer of the Credit Suisse High Yield Bond Fund, as of October 31, 2018, is set forth below.

Thomas J. Flannery Chief Investment Officer Since 2010 Year of Birth: 1974	Managing Director of Credit Suisse and Head of the Credit Suisse US High Yield Management Team; Associated with Credit Suisse Group A.G. since 1998; Officer of other Credit Suisse Funds
Wing Chan Portfolio Manager Year of Birth: 1976	Managing Director of Credit Suisse and a member of the US High Yield Management Team; Associated with Credit Suisse since 2005

Registered Investment Companies, Pooled Investment Vehicles and Other Accounts Managed

As reported to the Registrant, the information in the following table reflects the number of registered investment companies, pooled investment vehicles and other accounts managed by Mr. Flannery and Ms. Chan and the total assets managed within each category as of October 31, 2018.

	Registered Investment Companies			Other Pooled Investment Vehicles			Other Accounts
Thomas J. Flannery*		5	$5,222 million		38	$34,697 million		29	$9,136 million
Wing Chan		5	$5,222 million		13	$14,970 million		30	$9,136 million

* As of October 31, 2018, Mr. Flannery manages 28 accounts which have total assets under management of $20,291 million, and which have additional fees based on the performance of the accounts.

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Potential Conflicts of Interest

It is possible that conflicts of interest may arise in connection with the portfolio managers’ management of the Funds’ investments on the one hand and the investments of other accounts on the other. For example, the portfolio managers may have conflicts of interest in allocating management time, resources and investment opportunities among the Funds and other accounts they advise. In addition due to differences in the investment strategies or restrictions between the Funds and the other accounts, the portfolio managers may take action with respect to another account that differs from the action taken with respect to the Funds. Credit Suisse has adopted policies and procedures that are designed to minimize the effects of these conflicts.

If Credit Suisse believes that the purchase or sale of a security is in the best interest of more than one client, it may (but is not obligated to) aggregate the orders to be sold or purchased to seek favorable execution or lower brokerage commissions, to the extent permitted by applicable laws and regulations. Credit Suisse may aggregate orders if all participating client accounts benefit equally (i.e., all receive an average price of the aggregated orders). In the event Credit Suisse aggregates an order for participating accounts, the method of allocation will generally be determined prior to the trade execution. Although no specific method of allocation of transactions (as well as expenses incurred in the transactions) is expected to be used, allocations will be designed to ensure that over time all clients receive fair treatment consistent with Credit Suisse’s fiduciary duty to its clients (including its duty to seek to obtain best execution of client trades). The accounts aggregated may include registered and unregistered investment companies managed by Credit Suisse’s affiliates and accounts in which Credit Suisse’s officers, directors, agents, employees or affiliates own interests. Credit Suisse may not be able to aggregate securities transactions for clients who direct the use of a particular broker-dealer, and the client also may not benefit from any improved execution or lower commissions that may be available for such transactions.

Compensation

Thomas J. Flannery and Wing Chan are compensated for their services by Credit Suisse. Their compensation consists of a fixed base salary and a discretionary bonus that is not tied by formula to the performance of any fund or account. The factors taken into account in determining each of their bonuses includes the Fund’s performance, assets held in the Fund and other accounts managed by each of them, business growth, team work, management, corporate citizenship, etc.

A portion of the bonus may be paid in phantom shares of Credit Suisse Group AG stock as deferred compensation. Phantom shares are shares representing an unsecured right to receive on a particular date a specified number of registered shares subject to certain terms and conditions. A portion of the bonus will receive the notional return of the fund(s) the portfolio manager manages and a portion of the bonus will receive the notional return of a basket of other Credit Suisse funds along the product line of the portfolio manager.

Like all employees of Credit Suisse, portfolio managers participate in Credit Suisse Group AG’s profit sharing and 401 (k) plans.

Securities Ownership. The following table indicates the dollar range of equity securities in the Fund beneficially owned by the portfolio managers and the value of those shares as of October 31, 2018.

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Name of Portfolio Manager(s)	Dollar Range of Equity Securities in the Fund managed by the named Portfolio  Manager*
Thomas J. Flannery		E
Wing Chan		A

Ranges:

A. None

B. $1 - $10,000

C. $10,001 - $50,000

D. $50,001 - $100,000

E. Over $100,000

Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.

None.

Item 10. Submission of Matters to a Vote of Security Holders.

There have been no material changes to the procedures by which shareholders may recommend nominees to the registrant’s board of directors since the registrant last provided disclosure in response to the requirements of Item 7(d)(2)(ii)(g) of Schedule 14A in its definitive proxy statement dated December 28, 2018

Item 11. Controls and Procedures.

(a) As of a date within 90 days from the filing date of this report, the principal executive officer and principal financial officer concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940 (the “Act”)) were effective based on their evaluation of the disclosure controls and procedures required by Rule 30a-3(b) under the Act and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934.

(b) There were no changes in registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Act) that occurred during the second fiscal quarter of the period covered by this report that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 12. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies

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During Credit Suisse High Yield Bond Fund’s (the “Fund”) most recent fiscal year ending October 31, 2018, State Street Bank and Trust Company (“State Street”) served as the fund’s securities lending agent.

As a securities lending agent, State Street is responsible for the implementation and administration of a Fund’s securities lending program. Pursuant to its respective Securities Lending Authorization Agreement (“Securities Lending Agreement”) with the Fund, State Street, as a general matter, performs various services, including the following:

• lend available securities to institutions that are approved borrowers

• determine whether a loan shall be made and negotiate and establish the terms and conditions of the loan with the borrower

• ensure that all dividends and other distributions paid with respect to loaned securities are credited to the fund’s relevant account

• receive and hold, on the fund’s behalf, or transfer to a fund account, upon instruction by the fund, collateral from borrowers to secure obligations of borrowers with respect to any loan of available securities

• mark-to-market the market value of loaned securities relative to the market value of the collateral each business day

• obtain additional collateral, as needed, in order to maintain the value of the collateral relative to the market value of the loaned securities at the levels required by the Securities Lending Agreement

• at the termination of a loan, return the collateral to the borrower upon the return of the loaned securities

• in accordance with the terms of the Securities Lending Agreement, invest cash collateral in permitted investments, including investments managed by the fund’s investment adviser

• maintain records relating to the fund’s securities lending activity and provide to the fund a monthly statement describing, among other things, the loans made during the period, the income derived from the loans (or losses incurred) and the amounts of any fees or payments paid with respect to each loan

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State Street is compensated for the above-described services from its securities lending revenue split. The tables below show the Fund earned and the fees and compensation it paid to service providers in connections with its securities lending activities during its most recent fiscal year.

Credit Suisse High Yield Bond Fund

Securities Lending Activities Income and Fees for Fiscal Year 2018

Gross income from securities lending activities
(including income from cash collateral reinvestment)	$	241,209
Fees and/or compensation for securities lending activities and related services
Fees paid to securities lending agent from a revenue split	$	29,575
Fees paid for any cash collateral management service (including fees deducted from a pooled cash collateral reinvestment vehicle) that are not included in the revenue split		—
Administrative fees not included in revenue split		—
Indemnification fee not included in revenue split		—
Rebate (paid to borrower)	$	123,083
Other fees not included in revenue split		—
Aggregate fees/compensation for securities lending activities and related services	$	152,658
Net income from securities lending activities	$	88,551

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Item 13. Exhibits.

(a)(1) Registrant’s Code of Ethics is an exhibit to this report.

(a)(2) The certifications of the registrant as required by Rule 30a-2(a) under the Act are exhibits to this report.

(a)(3) Not applicable.

(b) The certifications of the registrant as required by Rule 30a-2(b) under the Act are an exhibit to this report.

(other) Iran related activities disclosure requirement.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

CREDIT SUISSE HIGH YIELD BOND FUND.

/s/ John G. Popp

Name:  John G. Popp

Title:   Chief Executive Officer and President

Date:   January 7, 2019

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

/s/ John G. Popp

Name:  John G. Popp

Title:   Chief Executive Officer and President

Date:   January 7, 2019

/s/ Laurie Pecha

Name:  Laurie Pecha

Title:   Chief Financial Officer and Treasurer

Date:   January 7, 2019

EX-99.(13)(A)(1)

EX-99.CODE ETHICS

EXHIBIT 13(a)(1)

CODE OF ETHICS

CREDIT SUISSE FUNDS

CREDIT SUISSE CLOSED-END FUNDS

CODE OF ETHICS FOR SENIOR OFFICERS

Preamble

Section 406 of the Sarbanes-Oxley Act of 2002 directs that rules be adopted disclosing whether a company has a code of ethics for senior financial officers. The Securities and Exchange Commission (the “SEC”) has adopted rules requiring annual disclosure of an investment company’s code of ethics applicable to the company’s principal executive as well as principal financial officers, if such a code has been adopted. In response, the above Funds (each a “Fund”, and together the “Funds”) have adopted this Code of Ethics.

Statement of Policy

It is the obligation of the senior officers of the Funds to provide full, fair, timely and comprehensible disclosure—financial and otherwise--to Fund shareholders, regulatory authorities and the general public. In fulfilling that obligation, senior officers must act ethically, honestly and diligently. This Code is intended to enunciate guidelines to be followed by persons who serve the Funds in senior officerships. No Code can address every situation that a senior officer might face; however, as a guiding principle, senior officers should strive to implement the spirit as well as the letter of applicable laws, rules and regulations, and to provide the type of clear and complete disclosure and information Fund shareholders have a right to expect.

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The purpose of this Code of Ethics is to promote high standards of ethical conduct by Covered Persons (as defined below) in their capacities as officers of the Funds, to instruct them as to what is considered to be inappropriate and unacceptable conduct or activities for officers and to prohibit such conduct or activities. This Code supplements other policies that the Funds and their adviser have adopted or may adopt in the future with which Fund officers are also required to comply (e.g., code of ethics relating to personal trading and conduct).

Covered Persons

This Code of Ethics applies to those persons appointed by the Fund’s Board of Directors as Chief Executive Officer, President, Chief Financial Officer and Chief Accounting Officer, or persons performing similar functions. It is recognized that each of such persons currently is a full-time employee of Credit Suisse Asset Management LLC (“Credit Suisse”), each Fund’s investment adviser.

Promotion of Honest and Ethical Conduct

In serving as an officer of the Funds, each Covered Person must maintain high standards of honesty and ethical conduct and must encourage his colleagues who provide services to the Funds, whether directly or indirectly, to do the same.

2

Each Covered Person understands that as an officer of a Fund, he has a duty to act in the best interests of the Fund and its shareholders. The interests of other Credit Suisse clients or Credit Suisse itself or the Covered Person’s personal interests should not be allowed to compromise the Covered Person’s fulfilling his duties as an officer of the Fund. The governing Boards of the Funds recognize that the Covered Persons are also officers or employees of Credit Suisse. Furthermore, the governing Boards of the Funds recognize that, subject to the Covered Person’s fiduciary duties to the Funds, the Covered Persons will in the normal course of their duties (whether formally for the Funds or for Credit Suisse, or for both) be involved in establishing policies and implementing decisions that will have different effects on Credit Suisse and the Funds. The governing Boards of the Funds recognize that the participation of the Covered Persons in such activities is inherent in the contractual relationship between the Funds and Credit Suisse and/or its affiliates, and is consistent with the expectation of the governing Boards of the performance by the Covered Persons of their duties as officers of the Funds.

If a Covered Person believes that his responsibilities as an officer or employee of Credit Suisse are likely to materially compromise his objectivity or his ability to perform the duties of his role as an officer of the Funds, he should consult with Credit Suisse’s general counsel, the Funds’ chief legal officer or outside counsel, or counsel to the independent Directors/Trustees of the relevant Fund or Funds. Under appropriate circumstances, a Covered Person should also consider whether to present the matter to the Directors/Trustees of the relevant Fund or Funds or a committee thereof.

No Covered Person shall suggest that any person providing, or soliciting to be retained to provide, services to a Fund give a gift or an economic benefit of any kind to him in connection with the person’s retention or the provision of services.

3

Promotion of Full, Fair, Accurate, Timely and Understandable Disclosure

No Covered Person shall create or further the creation of false or misleading information in any SEC filing or report to Fund shareholders. No Covered Person shall conceal or fail to disclose information within the Covered Person’s possession legally required to be disclosed or necessary to make the disclosure made not misleading. If a Covered Person shall become aware that information filed with the SEC or made available to the public contains any false or misleading information or omits to disclose necessary information, he shall promptly report it to Credit Suisse’s general counsel or Fund counsel, who shall advise such Covered Person whether corrective action is necessary or appropriate.

Each Covered Person, consistent with his responsibilities, shall exercise appropriate supervision over, and shall assist, relevant Fund service providers in developing financial information and other disclosure that complies with relevant law and presents information in a clear, comprehensible and complete manner. Each Covered Person shall use his best efforts within his area of expertise to assure that Fund reports reveal, rather than conceal, the relevant Fund’s financial condition.

Each Covered Person shall seek to obtain additional resources if he believes that available resources are inadequate to enable the Funds to provide full, fair and accurate financial information and other disclosure to regulators and Fund shareholders.

Each Covered Person shall inquire of other Fund officers and service providers, as appropriate, to assure that information provided is accurate and complete and presented in an understandable format using comprehensible language.

4

Each Covered Person shall diligently perform his services to the Funds, so that information can be gathered and assessed early enough to facilitate timely filings and issuance of reports and required certifications.

Promotion of Compliance with Applicable Government Laws, Rules and Regulations

Each Covered Person shall become and remain knowledgeable concerning the laws and regulations relating to the Funds and their operations and shall act with competence and due care in serving as an officer of the Funds. Each Covered Person with specific responsibility for financial statement disclosure will become and remain knowledgeable concerning relevant auditing standards, generally accepted accounting principles, FASB pronouncements and other accounting and tax literature and developments.

Each Covered Person shall devote sufficient time to fulfilling his responsibilities to the Funds, recognizing that he will devote substantial time to providing services to other Credit Suisse clients and will perform other activities as an employee of Credit Suisse.

Each Covered Person shall cooperate with a Fund’s independent auditors, regulatory agencies and internal auditors in their review or inspection of the Fund and its operations.

No Covered Person shall knowingly violate any law or regulation relating to the Funds or their operations or seek to illegally circumvent any such law or regulation.

No Covered Person shall engage in any conduct involving dishonesty, fraud, deceit or misrepresentation involving the Funds or their operations.

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Promoting Prompt Internal Reporting of Violations

Each Covered Person shall promptly report his own violations of this Code and violations by other Covered Persons of which he is aware to the Chairman of the relevant Fund’s Audit Committee.

Any requests for a waiver from or an amendment to this Code shall be made to the Chairman of the relevant Fund’s Audit Committee. All waivers and amendments shall be disclosed as required by law.

Sanctions

Failure to comply with this Code will subject the violator to appropriate sanctions, which will vary based on the nature and severity of the violation. Such sanctions may include censure, suspension or termination of position as an officer of the Fund. Sanctions shall be imposed by the relevant Fund’s Audit Committee, subject to review by the entire Board of Directors/Trustees of the Fund.

Each Covered Person shall be required to certify annually whether he has complied with this Code.

No Rights Created

This Code of Ethics is a statement of certain fundamental principles, policies and procedures that govern the Funds’ senior officers in the conduct of the Funds’ business. It is not intended to and does not create any rights in any employee, investor, supplier, competitor, shareholder or any other person or entity.

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Recordkeeping

The Funds will maintain and preserve for a period of not less than six (6) years from the date such action is taken, the first two (2) years in an easily accessible place, a copy of the information or materials supplied to the Board (1) that provided the basis for any amendment or waiver to this Code and (2) relating to any violation of the Code and sanctions imposed for such violation, together with a written record of the approval or action taken by the relevant Board.

Amendments

The Directors/Trustees will make and approve such changes to this Code of Ethics as they deem necessary or appropriate to effectuate the purposes of this Code.

Dated: May 22, 2018

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CODE OF ETHICS FOR SENIOR OFFICERS:

I HEREBY CERTIFY THAT:

(1) I have read and I understand the Code of Ethics for Senior Officers adopted by the Credit Suisse Funds and the Credit Suisse Closed-End Funds (the “Code of Ethics”);

(2) I recognize that I am subject to the Code of Ethics;

(3) I have complied with the requirements of the Code of Ethics during the calendar year ending December 31, _______; and

(4) I have reported all violations of the Code of Ethics required to be reported pursuant to the requirements of the Code during the calendar year ending December 31, _______.

Set forth below exceptions to items (3) and (4), if any:

Name:                     

Date:

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EX-99.(13)(A)(2)

EX-99.CERT

EXHIBIT 13(a)(2)

CERTIFICATIONS

I, Laurie Pecha, certify that:

1. I have reviewed this report on Form N-CSR of Credit Suisse High Yield Bond Fund;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

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5. The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: January 7, 2019

/s/ Laurie Pecha

Laurie Pecha

Chief Financial Officer and Treasurer

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I, John G. Popp, certify that:

1. I have reviewed this report on Form N-CSR of Credit Suisse High Yield Bond Fund;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

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(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: January 7, 2019

/s/ John G. Popp                                    

John G. Popp

Chief Executive Officer and President

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EX-99.(13)(B)

EX-99.906CERT

EXHIBIT 13(b)

SECTION 906 CERTIFICATIONS

SECTION 906 CERTIFICATION

John G. Popp, Chief Executive Officer and President, and Laurie Pecha, Chief Financial Officer and Treasurer, of Credit Suisse High Yield Bond Fund (the “Fund”), each certify to his or her knowledge that:

(1) The Fund’s periodic report on Form N-CSR for the period ended October 31, 2018 (the “Report”) fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Fund.

/s/ John G. Popp	/s/ Laurie Pecha
John G. Popp	Laurie Pecha
Chief Executive Officer and President	Chief Financial Officer and Treasurer
January 7, 2019	January 7, 2019

A signed original of this written statement required by Section 906, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to the Fund and will be retained by the Fund and furnished to the Securities and Exchange Commission or its staff upon request.

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EX-99.IRANNOTICE

Iran Related Activities Disclosure

Disclosure pursuant to Section 13(r) of the Securities Exchange Act of 1934

As stated in our Form 20-F for the year ended December 31, 2014, in 2005 and earlier, Credit Suisse AG, through a business line operating in Switzerland, entered into export finance credit facilities involving Iranian parties, through bilateral contracts and as a member of lending syndicates. Credit Suisse AG loaned funds under these credit facilities for project finance activities in Iran that did not support or facilitate Iran’s nuclear weapons proliferation efforts, its acquisition of other military items, or its support of terrorism. Our participation in these credit facilities was legal under applicable law. The Iranian parties involved in certain of these credit facilities entered into between 2001 and 2005 subsequently were designated Specially Designated Nationals or Blocked Persons pursuant to an Executive Order of the President of the United States, or fall within the US government’s definition of the government of Iran (which includes government -controlled entities). These credit facilities are supported by a guarantee of the Iranian Ministry of Economic Affairs and Finance and export financing insurance provided by European export credit agencies.

Credit Suisse AG does not generally calculate gross revenues or net profits from individual export finance credit facilities of this type; however, Credit Suisse AG estimates that it recognized approximately CHF 0.1 million in interest income in 2017 on these credit facilities and believes that it has not earned any related net profit over the life of these credit facilities. While Credit Suisse AG ceased providing funds to any Iranian parties pursuant to any of these credit facilities several years ago, it has continued, where possible, to receive repayment of funds owed to it. In 2017, Credit Suisse AG received payments totaling CHF 0.2 million from the Swiss governmental export credit agency, payments totaling CHF 0.8 million from financial institutions acting as agents of lending syndicates and payments totaling CHF 23.5 million from Iranian parties, all in payment under certain of these credit facilities. As of December 31, 2017, the foregoing credit facilities have been repaid, with no further amounts outstanding.

During 2017, Credit Suisse AG processed a small number of de minimis payments related to the operation of Iranian diplomatic missions in Switzerland and to fees for ministerial government functions such as issuing passports and visas. Processing these payments is permitted under Swiss law and is performed with the consent of Swiss authorities, and Credit Suisse AG intends to continue processing such payments. Revenues and profits from these activities are not calculated but would be negligible.

Credit Suisse AG also continues to hold funds from two wire transfers to non-Iranian customers which were blocked pursuant to Swiss sanctions because Iranian government-owned entities have an interest in such transfers. Such funds are maintained in blocked accounts opened in accordance with Swiss sanctions requirements. Credit Suisse AG derives no revenues or profits from maintenance of these blocked accounts.

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