DHY to Undertake 1-for-10 Reverse Stock Split

Credit Suisse High Yield Credit Fund (NYSE American: $DHY+WL) announced its Board of Trustees has approved a 1-for-10 reverse share split. This action is slated to take effect prior to the opening of trading on the NYSE American on September 30, 2026. Shareholders of record as of the close of business on September 29, 2026, will be subject to the split. Trading on a split-adjusted basis is expected to commence on September 30, 2026. The fund will continue to trade under the ticker symbol $DHY+WL.

Prior to the reverse split, the fund's name is set to change from Credit Suisse High Yield Credit Fund to UBS Asset Management High Yield Credit Fund, effective September 4, 2026. The reverse split will consolidate every ten existing common shares into one new common share, aiming to elevate the share price without impacting the fund's net asset value or portfolio holdings. Management believes this strategy may attract a wider investor base and enhance market liquidity. Fractional shares resulting from the split will be sold, with proceeds distributed proportionally to affected shareholders after customary fees.

The Board and UBS Asset Management (Americas) LLC, the Adviser, anticipate that a higher per-share price will broaden the fund's investor reach and potentially improve the trading market and liquidity for its common shares.