DHY to Undertake 1-for-10 Reverse Stock Split
Credit Suisse High Yield Credit Fund (NYSE American: DHY) will execute a 1-for-10 reverse stock split, effective September 30, 2026. The move aims to increase the per-share market price, potentially broadening investor appeal and improving liquidity. The fund's name will change to UBS Asset Management High Yield Credit Fund on September 4, 2026.
Investors in high-yield credit funds should monitor the impact of reverse stock splits on liquidity and investor demand, particularly for funds managed by large asset managers like .