Upcoming Name Change for Credit Suisse High Yield Credit Fund to UBS Asset Management

Credit Suisse High Yield Credit Fund Announces Name Change

In a significant shift within the financial services sector, the Credit Suisse High Yield Credit Fund has announced an upcoming change to its name. The Board of Trustees has approved changing the Fund's name to UBS Asset Management High Yield Credit Fund, with the effective date set for September 4, 2026.

This decision, while crucial, will not require any shareholder approval. Investors and stakeholders can rest assured that the underlying investment objective or strategies of the Fund will remain unchanged. Following the name change, the Fund will continue to be traded on NYSE American LLC under the trading symbol DHY.

UBS Asset Management (Americas) LLC, the managing advisor for the Fund, operates as a segment of the broader Asset Management business within UBS Group AG. This group stands as a notable player in global financial services, with its headquarters located in Zurich, Switzerland.

The upcoming name change aligns with UBS’s strategic focus on enhancing its presence in the asset management arena, particularly in high-yield credit investments. The Fund's new name reflects this affiliation and the expertise that UBS brings to its investment management processes.

Impact on Investors

For investors, this transition signifies a continuation of their investment through a well-respected asset management firm. UBS Asset Management leverages its global resources and expertise to help optimize the Fund’s performance, ensuring that the interests of its investors are at the forefront of their operations.

What’s Next?

As the date for the name change approaches, stakeholders are encouraged to stay informed about any additional updates regarding the Fund. Regular communications will be provided to ensure that all investors understand how the transition will affect their holdings and the management of their investments.

The Fund remains focused on offering quality investment opportunities within the high-yield market, and this name change is part of a broader strategy to reinforce its commitment to delivering value and sustainability in its operations.

Conclusion

Overall, this name change from Credit Suisse to UBS marks a significant milestone for the High Yield Credit Fund. It not only reflects the evolving landscape of asset management but also signifies UBS’s intent to enhance its service offerings in high-yield credit investments. As these changes take effect, both current and prospective investors can look forward to continued stewardship of their investments under the reputable UBS umbrella.

For further inquiries about the Fund or the upcoming name change, stakeholders are encouraged to contact UBS directly or visit their official website for more detailed information.