0001410368-16-003573.txt : 20161230 0001410368-16-003573.hdr.sgml : 20161230 20161230130511 ACCESSION NUMBER: 0001410368-16-003573 CONFORMED SUBMISSION TYPE: NSAR-B PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20161031 FILED AS OF DATE: 20161230 DATE AS OF CHANGE: 20161230 EFFECTIVENESS DATE: 20161230 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CREDIT SUISSE HIGH YIELD BOND FUND CENTRAL INDEX KEY: 0001061353 IRS NUMBER: 134009166 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: NSAR-B SEC ACT: 1940 Act SEC FILE NUMBER: 811-08777 FILM NUMBER: 162077128 BUSINESS ADDRESS: STREET 1: ONE MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10010 BUSINESS PHONE: 2123252000 MAIL ADDRESS: STREET 1: ONE MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10010 FORMER COMPANY: FORMER CONFORMED NAME: DLJ HIGH YIELD BOND FUND DATE OF NAME CHANGE: 19980508 NSAR-B 1 th82answer.fil ANSWER FILE PAGE 1 000 B000000 10/31/2016 000 C000000 0001061353 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 6.1 000 J000000 A 001 A000000 CREDIT SUISSE HIGH YIELD BOND FUND 001 B000000 811-8777 001 C000000 8002931232 002 A000000 ONE MADISON AVENUE 002 B000000 NEW YORK 002 C000000 NY 002 D010000 10010 002 D020000 3629 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 N 007 B000000 0 007 C010100 1 008 A000001 CREDIT SUISSE ASSET MANAGEMENT, LLC 008 B000001 A 008 C000001 801-37170 008 D010001 NEW YORK 008 D020001 NY 008 D030001 10010 008 D040001 3629 010 A000001 STATE STREET BANK AND TRUST CO. 010 B000001 812-12992 010 C010001 BOSTON 010 C020001 MA 010 C030001 02111 012 A000001 COMPUTERSHARE TRUST COMPANY, N.A. 012 B000001 84-00000 012 C010001 College Station 012 C020001 TX 012 C030001 77842 012 C040001 3170 013 A000001 KPMG LLP 013 B010001 NEW YORK 013 B020001 NY 013 B030001 10154 014 A000001 CREDIT SUISSE SECURITIES (USA) LLC 014 B000001 8-000422 014 A000002 CREDIT SUISSE CAPITAL LLC 014 B000002 8-00000 014 A000003 WAKE USA LLC PAGE 2 014 B000003 8-00000 014 A000004 CS PRIME SECURITIES SERVICES (USA) LLC 014 B000004 8-800000 014 A000005 CREDIT SUISSE (AUSTRALIA), LTD. 014 B000005 8-00000 014 A000006 CREDIT SUISSE EQUITIES (AUSTRALIA), LTD. 014 B000006 8-00000 014 A000007 CS INVESTMENS SERVICES (AUSTRALIA), LTD. 014 B000007 8-00000 014 A000008 CS (BRASIL) DIST DE TITULO E VALORES MOBIL SA 014 B000008 8-00000 014 A000009 CS HEDGING-GRIFFO CORRETORA DE VALORES S.A. 014 B000009 8-00000 014 A000010 CREDIT SUISSE SECURITIES (CANADA), INC. 014 B000010 8-00000 014 A000011 CREDIT SUISSE FOUNDER SERVICES, LTD. 014 B000011 8-00000 014 A000012 CREDIT SUISSE (HONG KONG), LTD. 014 B000012 8-00000 014 A000013 CREDIT SUISSE SECURITIES (HONG KONG), LTD. 014 B000013 8-00000 014 A000014 CS SECURITIES (INDIA) PRIVATE, LTD. 014 B000014 8-00000 014 A000015 PT CREDIT SUISSE SECURITIES INDONESIA 014 B000015 8-00000 014 A000016 CREDIT SUISSE ISTANBUL MENKUL DEGERLER A.S. 014 B000016 8-00000 014 A000017 CREDIT SUISSE (ITALY) S.P.A. 014 B000017 8-00000 014 A000018 CREDIT SUISSE SECURITIES (JAPAN), LTD. 014 B000018 8-00000 014 A000019 CS FUND SERVICES (LUXEMBOURG) S.A. 014 B000019 8-00000 014 A000020 CREDIT SUISSE SECURITIES (MALAYSIA) SDN BHD 014 B000020 8-800000 014 A000021 CASA DE BOLSA CS (MEXICO), S.A. 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Fund Security: United States Steel Corp Date Purchased: 5/3/2016 Price per Share: $100 Shares Purchased by the Portfolio: 2425.00 Total Principal Purchased by the Portfolio: $2,425,000 % of Offering Purchased by the Portfolio: 0.25% Broker: JPMorgan Chase Bank, N.A. Member: Co-Manager Portfolio: Credit Suisse High Yield Bond Fund Security: NRG Energy Inc Date Purchased: 5/9/2016 Price per Share: $100 Shares Purchased by the Portfolio: 1075.00 Total Principal Purchased by the Portfolio: $1,075,000 % of Offering Purchased by the Portfolio: 0.11% Broker: Deutsche Bank Securities Member: Joint Lead Manager Portfolio: Credit Suisse High Yield Bond Fund Security: Albertsons Cos LLC/SAFEW Date Purchased: 5/25/2016 Price per Share: $100 Shares Purchased by the Portfolio: 1000.00 Total Principal Purchased by the Portfolio: $1,000,000 % of Offering Purchased by the Portfolio: 0.08% Broker: Banc of America Securities LLC Member: Joint Lead Manager Portfolio: Credit Suisse High Yield Bond Fund Security: Wesco Distribution Inc Date Purchased: 6/2/2016 Price per Share: $100 Shares Purchased by the Portfolio: 1800.00 Total Principal Purchased by the Portfolio: $1,800,000 % of Offering Purchased by the Portfolio: 0.51% Broker: Goldman Sachs Bank (Europe) PLC Member: Joint Lead Manager Portfolio: Credit Suisse High Yield Bond Fund Security: DIAMOND 1 FIN/DIAMOND 2 Date Purchased: 6/8/2016 Price per Share: $100 Shares Purchased by the Portfolio: 950.00 Total Principal Purchased by the Portfolio: $950,000 % of Offering Purchased by the Portfolio: 0.06% Broker: JPMorgan Chase Bank, N.A. Member: Joint Lead Manager Portfolio: Credit Suisse High Yield Bond Fund Security: DIAMOND 1 FIN/DIAMOND 2 Date Purchased: 6/8/2016 Price per Share: $100 Shares Purchased by the Portfolio: 825.00 Total Principal Purchased by the Portfolio: $825,000 % of Offering Purchased by the Portfolio: 0.05% Broker: JPMorgan Chase Bank, N.A. Member: Joint Lead Manager Portfolio: Credit Suisse High Yield Bond Fund Security: Nexstar Escrow Corp Date Purchased: 7/13/2016 Price per Share: $100 Shares Purchased by the Portfolio: 500.00 Total Principal Purchased by the Portfolio: $500,000 % of Offering Purchased by the Portfolio: 0.06% Broker: Banc of America Securities LLC Member: Joint Lead Manager Portfolio: Credit Suisse High Yield Bond Fund Security: Ineos Group Holdings SA Date Purchased: 7/26/2016 Price per Share: $100 Shares Purchased by the Portfolio: 1000.00 Total Principal Purchased by the Portfolio: $1,000,000 % of Offering Purchased by the Portfolio: 0.20% Broker: Banc of America Securities LLC Member: Joint Lead Manager Portfolio: Credit Suisse High Yield Bond Fund Security: FBM Finance Inc Date Purchased: 8/2/2016 Price per Share: $100 Shares Purchased by the Portfolio: 3250.00 Total Principal Purchased by the Portfolio: $3,250,000 % of Offering Purchased by the Portfolio: 0.57% Broker: Goldman Sachs Bank (Europe) PLC Member: Joint Lead Manager Portfolio: Credit Suisse High Yield Bond Fund Security: HCA Inc Date Purchased: 8/8/2016 Price per Share: $100 Shares Purchased by the Portfolio: 2700.00 Total Principal Purchased by the Portfolio: $2,700,000 % of Offering Purchased by the Portfolio: 0.23% Broker: JPMorgan Chase Bank, N.A. Member: Joint Lead Manager Portfolio: Credit Suisse High Yield Bond Fund Security: National CineMedia LLC Date Purchased: 8/16/2016 Price per Share: $100 Shares Purchased by the Portfolio: 670.00 Total Principal Purchased by the Portfolio: $670,000 % of Offering Purchased by the Portfolio: 0.27% Broker: JPMorgan Chase Bank, N.A. Member: Joint Lead Manager Portfolio: Credit Suisse High Yield Bond Fund Security: Camelot Finance SA Date Purchased: 9/15/2016 Price per Share: $100 Shares Purchased by the Portfolio: 1300.00 Total Principal Purchased by the Portfolio: $1,300,000 % of Offering Purchased by the Portfolio: 0.26% Broker: Banc of America Securities LLC Member: Joint Lead Manager Portfolio: Credit Suisse High Yield Bond Fund Security: Ziggo Secured Finance BV Date Purchased: 9/16/2016 Price per Share: $100 Shares Purchased by the Portfolio: 1800.00 Total Principal Purchased by the Portfolio: $1,800,000 % of Offering Purchased by the Portfolio: 0.09% Broker: Banc of America Securities LLC Member: Joint Lead Manager Portfolio: Credit Suisse High Yield Bond Fund Security: JDA Escrow LLC / JDA Bond Finance Inc Date Purchased: 9/22/2016 Price per Share: $100 Shares Purchased by the Portfolio: 1000.00 Total Principal Purchased by the Portfolio: $1,000,000 % of Offering Purchased by the Portfolio: 0.29% Broker: Banc of America Securities LLC Member: Joint Lead Manager Portfolio: Credit Suisse High Yield Bond Fund Security: QCP SNF West/Central/East/AL REIT LLC Date Purchased: 9/30/2016 Price per Share: $100 Shares Purchased by the Portfolio: 1250.00 Total Principal Purchased by the Portfolio: $1,250,000 % of Offering Purchased by the Portfolio: 0.17% Broker: Morgan Stanley & Co., Inc Member: Co-Manager Portfolio: Credit Suisse High Yield Bond Fund Security: LG FinanceCo Corp Date Purchased: 10/13/2016 Price per Share: $100 Shares Purchased by the Portfolio: 1750.00 Total Principal Purchased by the Portfolio: $1,750,000 % of Offering Purchased by the Portfolio: 0.34% Broker: JPMorgan Chase Bank, N.A. Member: Joint Lead Manager Portfolio: Credit Suisse High Yield Bond Fund Security: AMC Entertainment Inc Date Purchased: 10/28/2016 Price per Share: $100 Shares Purchased by the Portfolio: 930.00 Total Principal Purchased by the Portfolio: $930,000 % of Offering Purchased by the Portfolio: 0.16% Broker: Citigroup Global Markets Inc. Member: Joint Lead Manager EX-99.77B ACCT LTTR 3 th82.auditletter.txt AUDIT LETTER Report of Independent Registered Public Accounting Firm The Board of Trustees and Shareholders Credit Suisse High Yield Bond Fund: In planning and performing our audit of the financial statements of Credit Suisse High Yield Bond Fund (the "Fund"), as of and for the year ended October 31, 2016, in accordance with the standards of the Public Company Accounting Oversight Board (United States), we considered the Fund's internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-SAR, but not for the purpose of expressing an opinion on the effectiveness of the Fund's internal control over financial reporting. Accordingly, we express no such opinion. Management of the Fund is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A fund's internal control over financial reporting is a process designed 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. A fund's internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the fund; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the fund are being made only in accordance with authorizations of management and trustees of the fund; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the fund's assets that could have a material effect on the financial statements. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the Fund's annual or interim financial statements will not be prevented or detected on a timely basis. Our consideration of the Fund's internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be material weaknesses under standards established by the Public Company Accounting Oversight Board (United States). However, we noted no deficiencies in the Funds' internal control over financial reporting and their operation, including controls over safeguarding securities that we consider to be a material weakness as defined above as of October 31, 2016. This report is intended solely for the information and use of management and the Board of Trustees of Credit Suisse High Yield Bond Fund and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties. /s/KPMG LLP New York, New York December 28, 2016 EX-99.77Q1 OTHR EXHB 4 TH82.NSAR.77Q1.txt OTHER EXHIBIT Exhibit 77Q1(e) AMENDED AND RESTATED INVESTMENT ADVISORY AGREEMENT CREDIT SUISSE HIGH YIELD BOND FUND November 15, 2016 Credit Suisse Asset Management, LLC One Madison Avenue New York, New York 10010 Dear Sirs: Credit Suisse High Yield Bond Fund (the "Fund"), a Delaware business trust, herewith confirms its agreement with Credit Suisse Asset Management, LLC (the "Adviser") as follows: 1. Investment Description; Appointment The Fund desires to employ its capital by investing and reinvesting in investments of the kind and in accordance with the limitations specified in its Agreement and Declaration of Trust, as may be amended from time to time, and in its Prospectus and Statement of Additional Information, if any, as from time to time in effect (the "Prospectus" and "SAI," respectively), and in such manner and to such extent as may from time to time be approved by the Board of Trustees of the Fund (the "Board"). Copies of the Fund's Prospectus and SAI have been or will be submitted to the Adviser. The Fund desires to employ and hereby appoints the Adviser to act as investment adviser to the Fund. The Adviser accepts the appointment and agrees to furnish the services for the compensation set forth below. 2. Services as Investment Adviser Subject to the supervision and direction of the Board, the Adviser will: (a) act in strict conformity with the Fund's Agreement and Declaration of Trust, the Investment Company Act of 1940 (the "1940 Act") and the Investment Advisers Act of 1940, as the same may from time to time be amended; (b) manage and monitor the Fund's assets in accordance with the Fund's investment objective, policies and restrictions as stated in the Fund's Prospectus and SAI; (c) make investment decisions for the Fund and oversee risks of such investments; (d) place purchase and sale orders for securities and other investments on behalf of the Fund; (e) exercise voting rights in respect of portfolio securities and other investments for the Fund; (f) furnish such statistical information the Fund may reasonably request with respect to the investments that the Fund may hold or contemplate purchasing; (g) apprise the Board of important developments materially affecting the Fund; (h) furnish to third-party data reporting services all currently available standardized performance information and other customary data; (i) provide other information and services required in connection with the preparation and filing with regulatory authorities of all registration statements and Prospectuses, Prospectus supplements, SAIs, and annual, semi-annual and periodic reports to shareholders of the Fund; (j) assist in supervising all aspects of the Fund's operations, except those performed by other parties pursuant to written agreements with the Fund; (k) act as liaison between the Fund and the Fund's independent registered public accountants, counsel, custodian or custodians, transfer agent and administrator, and take all reasonable action to assure that all necessary and reasonably requested information is made available to each of them; make reports and recommendations to the Board regarding the performance of service providers; and actively participate with other relevant parties in the resolution of matters raised affecting the Fund and its operations; (l) act as liaison with the SEC and other regulators in relation to inquiries and inspections relating to the Fund; (m) perform certain legal duties for the Fund; retain and manage outside counsel as appropriate; (n) provide infrastructure and support services to the Fund; (o) perform valuation services with respect to investments held by the Funds to the extent not provided by other service providers; (p) respond to Fund shareholder complaints and shareholder inquiries as requested by the Fund's transfer agent; and (q) prepare reports and provide information regarding the Fund as reasonably requested by the Board or by other Fund service providers. In providing those services, the Adviser will provide investment research and supervision of the Fund's investments and conduct a continual program of investment, evaluation and, if appropriate, sale and reinvestment of the Fund's assets. 3. Brokerage In executing transactions for the Fund, selecting brokers or dealers and negotiating any brokerage commission rates, the Adviser will use its best efforts to seek the best overall terms available. In assessing the best overall terms available for any portfolio transaction, the Adviser will consider all factors it deems relevant including, but not limited to, breadth of the market in the security, the price of the security, the financial condition and execution capability of the broker or dealer and the reasonableness of any commission for the specific transaction and for transactions executed through the broker or dealer in the aggregate. In selecting brokers or dealers to execute a particular transaction and in evaluating the best overall terms available, the Adviser may consider the brokerage and research services (as those terms are defined in Section 28(e) of the Securities Exchange Act of 1934, as the same may from time to time be amended) provided to the Fund and/or other accounts over which the Adviser or an affiliate exercises investment discretion. 4. Information Provided to the Fund The Adviser will keep the Fund informed of developments materially affecting the Fund, and will, on its own initiative, furnish the Fund from time to time with whatever information the Adviser believes is appropriate for this purpose. 5. Standard of Care The Adviser shall exercise its best judgment in rendering the services listed in paragraphs 2, 3 and 4 above. The Adviser shall not be liable for any error of judgment or mistake of law or for any loss suffered by the Fund in connection with the matters to which this agreement ("Agreement") relates, provided that nothing herein shall be deemed to protect or purport to protect the Adviser against any liability to the Fund or to shareholders of the Fund to which the Adviser would otherwise be subject by reason of willful misfeasance, bad faith or gross negligence on its part in the performance of its duties or by reason of the Adviser's reckless disregard of its obligations and duties under this Agreement. 6. Compensation In consideration of the services rendered pursuant to this Agreement, the Fund will pay the Adviser an annual fee calculated at an annual rate of 1% of the first $250,000,000 and 0.75 of 1% over $250,000,000 of the average weekly value of the Fund's total assets minus the sum of accrued liabilities (other than aggregate indebtedness constituting leverage). The fee shall be computed and payable monthly. The fee for the period from the date of this Agreement to the end of the year shall be prorated according to the proportion that such period bears to the full yearly period. Upon any termination of this Agreement before the end of a year, the fee for such part of that year shall be prorated according to the proportion that such period bears to the full yearly period and shall be payable upon the date of termination of this Agreement. For the purpose of determining fees payable to the Adviser, the value of the Fund's net assets shall be computed at the times and in the manner specified in the Fund's Prospectus or SAI. 7. Expenses The Adviser will bear all expenses in connection with the performance of its services under this Agreement. The Fund will bear its proportionate share of certain other expenses to be incurred in its operation, including: investment advisory and administration fees; taxes, interest, brokerage fees and commissions, if any; fees of Trustees of the Fund who are not officers, directors, or employees of the Adviser, or any of their affiliates; fees of any pricing service employed to value shares of the Fund; Securities and Exchange Commission fees and state blue sky qualification fees; charges of custodians and transfer and dividend disbursing agents; the Fund's proportionate share of insurance premiums; outside auditing and legal expenses; costs of maintenance of the Fund's existence; costs attributable to investor services, including, without limitation, telephone and personnel expenses; costs of preparing and printing prospectuses and statements of additional information for regulatory purposes and for distribution to existing shareholders; costs of shareholders' reports and meetings of the shareholders of the Fund and of the officers or Board; and any extraordinary expenses. The Fund will be responsible for nonrecurring expenses which may arise, including costs of litigation to which the Fund is a party and of indemnifying officers and Trustees of the Fund with respect to such litigation and other expenses as determined by the Trustees. 8. Services to Other Companies or Accounts The Fund understands that the Adviser now acts, will continue to act and may act in the future as investment adviser to fiduciary and other managed accounts and to one or more other investment companies or series of investment companies, and the Fund has no objection to the Adviser so acting, provided that whenever the Fund and one or more other accounts or investment companies or portfolios advised by the Adviser have available funds for investment, investments suitable and appropriate for each will be allocated in accordance with a formula believed to be equitable to each entity. The Fund recognizes that in some cases this procedure may adversely affect the size of the position obtainable for the Fund. In addition, the Fund understands that the persons employed by the Adviser to assist in the performance of the Adviser's duties hereunder will not devote their full time to such service and nothing contained herein shall be deemed to limit or restrict the right of the Adviser or any affiliate of the Adviser to engage in and devote time and attention to other businesses or to render services of whatever kind or nature, provided that doing so does not adversely affect the ability of the Adviser to perform its services under this Agreement. 9. Term of Agreement With respect to the Fund, this Agreement shall continue for an initial period of one year commencing on the date first written above, and thereafter shall continue automatically for successive annual periods, provided such continuance is specifically approved at least annually by (a) the Board or (b) a vote of a "majority" (as defined in the 1940 Act) of the Fund's outstanding voting securities, provided that in either event the continuance is also approved by a majority of the Board, who are not "interested persons" (as defined in said Act) of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. This Agreement is terminable with respect to the Fund, without penalty, on 60 days' written notice, by the Board or by vote of holders of a majority of the Fund's shares, or upon 90 days' written notice, by the Adviser. This Agreement will also terminate automatically in the event of its assignment (as defined in said Act). 10. Representation by the Fund The Fund represents that a copy of its Agreement and Declaration of Trust, together with all amendments thereto, is on file in such state where the Fund is registered. 11. Use of Names The Fund recognizes that directors, officers and employees of the Adviser may from time to time serve as directors, trustees, officers and employees of corporations and business trusts (including other investment companies) and that such other corporations and trusts may include the name "CS" or "Credit Suisse" as part of their names, and that the Adviser or its affiliates may enter into advisory or other agreements with such other corporations and trusts. If the Adviser ceases to act as the investment adviser of the Fund, the Fund agrees that, at the Adviser's request, the Fund's license to use the words "CS" or "Credit Suisse" will terminate and that the Fund will take all necessary action to change the name of the Fund to names not including the words "CS" or "Credit Suisse". 12. Miscellaneous Notice is hereby given that this Agreement is entered into on behalf of the Fund by an officer of the Fund in his capacity as an officer and not individually. It is understood and expressly stipulated that none of the Trustees or shareholders of the Fund shall be personally liable hereunder. Neither the Trustees, officers, agents nor shareholders of the Fund assume any personal liability for obligations entered into on behalf of the Fund. All persons dealing with the Fund must look solely to the property of the Fund for the enforcement of any claims against the Fund. Please confirm that the foregoing is in accordance with your understanding by indicating your acceptance hereof at the place below indicated, whereupon it shall become a binding agreement between us. Very truly yours, CREDIT SUISSE HIGH YIELD BOND FUND By: /s/Karen Regan Name: Karen Regan Title: Senior Vice President and Secretary Accepted: CREDIT SUISSE ASSET MANAGEMENT, LLC By: /s/John Popp Name: John Popp Title: Managing Director