Credit Suisse High Yield Credit Fund
Credit Suisse High Yield Credit Fund is a closed-end fixed income investment fund focused on generating current income through a diversified portfolio of U.S. dollar-denominated, below-investment-grade corporate debt securities. The fund is designed to provide exposure to the high-yield credit market across a broad range of issuers and sectors, making it a vehicle for investors seeking access to speculative-grade bonds within a professionally managed structure. Its portfolio typically includes corporate issuers from industries such as industrials, communications, consumer sectors, energy, and financial services, with holdings selected for income potential and credit spread opportunities. Managed as a closed-end fund, it trades as common shares and uses active portfolio construction to navigate changing credit conditions, interest-rate sensitivity, and issuer-specific risk. Credit Suisse High Yield Credit Fund plays a role in the market as a diversified high-yield bond portfolio, offering a way to participate in the lower-rated corporate debt segment through a single listed investment fund.
$16.25
-$0.20 (-1.22%)
EOD Oct 22, 2026
Revenue declined 65.9% YoY. The question is whether this is cyclical or a structural shift.
At 135x earnings, the current multiple leaves limited room for execution misses or growth deceleration. Free cash flow declined 72% versus the prior year, cash generation momentum has weakened.
135.4x earnings, 324.6x FCF. The market is pricing in years of above-average growth. If that thesis breaks, downside from multiple compression alone could be 30%+. This is a stock where you're paying for the future, not the present.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$13M
▼ -65.9% YoY
Net Income (TTM)
$12M
▼ -67.0% YoY
Op. Margin
—
ROIC
—
Cash Flow & Balance Sheet
FCF (TTM)
$5M
▼ -71.6% YoY
Op. Cash Flow (TTM)
$5M
▼ -71.6% YoY
Net Debt
$95M
Cash & Equiv.
$199K
3Y CAGR: -17.7%
Continue Research
Is Credit Suisse High Yield Credit Fund (DHY) overvalued?
At a P/E of 135.4 and a price-to-free-cash-flow of 324.6, Credit Suisse High Yield Credit Fund (DHY) trades above a two-stage DCF intrinsic value of about $-0.05 per share, so at $16.25 the stock looks overvalued (100.3% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Credit Suisse High Yield Credit Fund scores 18/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 1.2%; see dividend safety for coverage and history. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is Credit Suisse High Yield Credit Fund's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $-0.05 per share for DHY, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $-0.04. At today's $16.25, that puts the stock about 100.3% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is Credit Suisse High Yield Credit Fund a high-quality business?+
Credit Suisse High Yield Credit Fund scores 18 out of 100 on Intrinsiqq's quality score, a weighted blend of 5 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Does Credit Suisse High Yield Credit Fund (DHY) pay a dividend, and how much?+
Yes, Credit Suisse High Yield Credit Fund pays a regular dividend of about $0.19 per share per year (typically in quarterly installments), a yield of roughly 1.2% at the current price. That is a payout ratio of about 157.9% of earnings, so the dividend is stretched at this level. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For DHY's full payout history, growth streak and dividend-safety score, see the dividends tab.
Is Credit Suisse High Yield Credit Fund a good stock to buy right now?+
That depends on valuation and quality together, not either alone. DHY currently trades above its estimated intrinsic value and scores 18/100 on quality (lower-quality). It also yields about 1.2%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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