Edgar Filing: CREDIT SUISSE HIGH YIELD BOND FUND

Credit Suisse High Yield Bond Fund

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number: 811-08777

CREDIT SUISSE HIGH YIELD BOND FUND

(Exact name of registrant as specified in charter)

c/o Credit Suisse Asset Management, LLC

Eleven Madison Avenue

New York, New York 10010

(Address of principal executive offices) (Zip code)

John G. Popp

Eleven Madison Avenue

New York, New York 10010

(Name and address of agent for service)


Registrant’s telephone number, including area code: (212) 325-2000
Date of fiscal year-end:		October 31st
Date of reporting period:		November 1, 2018 to January 31, 2019

Item 1: Schedule of Investments

Credit Suisse High Yield Bond Fund

Schedule of Investments

January 31, 2019 (unaudited)


Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value

	CORPORATE BONDS (113.8%)
	Aerospace & Defense (0.8%)
$	1,940	TransDigm, Inc., Rule 144A, Senior Secured Notes (Callable 03/15/22 @ 103.13)⁽¹⁾	(B+, NR)		03/15/26		6.250	$	1,973,950


	Auto Parts & Equipment (1.3%)
	2,650	Cooper-Standard Automotive, Inc., Rule 144A, Company Guaranteed Notes (Callable 11/15/21 @ 102.81)⁽¹⁾	(B+, B1)		11/15/26		5.625		2,404,875
	1,000	Delphi Technologies PLC, Rule 144A, Company Guaranteed Notes⁽¹⁾	(BB, B1)		10/01/25		5.000		860,000

									3,264,875


	Brokerage (3.4%)
	1,400	Jefferies Finance LLC, Rule 144A, Senior Unsecured Notes (Callable 03/04/19 @ 103.44)⁽¹⁾	(B+, B1)		04/15/22		6.875		1,389,500
	2,950	Jefferies Finance LLC, Rule 144A, Senior Unsecured Notes (Callable 03/04/19 @ 103.75)⁽¹⁾	(B+, B1)		04/15/21		7.500		2,990,563
	4,450	LPL Holdings, Inc., Rule 144A, Company Guaranteed Notes (Callable 03/15/20 @ 104.31)⁽¹⁾	(BB-, B2)		09/15/25		5.750		4,386,810

									8,766,873


	Building & Construction (1.0%)
	2,771	TopBuild Corp., Rule 144A, Company Guaranteed Notes (Callable 05/01/21 @ 102.81)⁽¹⁾	(BB-, B1)		05/01/26		5.625		2,604,740


	Building Materials (10.7%)
	1,500	American Builders & Contractors Supply Co., Inc., Rule 144A, Company Guaranteed Notes (Callable 05/15/21 @ 102.94)⁽¹⁾	(B+, B3)		05/15/26		5.875		1,508,850
	1,150	American Builders & Contractors Supply Co., Inc., Rule 144A, Senior Unsecured Notes (Callable 03/04/19 @ 104.31)⁽¹⁾	(B+, B3)		12/15/23		5.750		1,184,500
	2,300	American Woodmark Corp., Rule 144A, Company Guaranteed Notes (Callable 03/15/21 @ 102.44)⁽¹⁾	(BB, Ba3)		03/15/26		4.875		2,144,750
	2,225	BMC East LLC, Rule 144A, Senior Secured Notes (Callable 10/01/19 @ 104.13)⁽¹⁾	(BB, B2)		10/01/24		5.500		2,130,437
	675	Core & Main LP, Rule 144A, Senior Unsecured Notes (Callable 08/15/20 @ 103.06)⁽¹⁾	(B-, Caa1)		08/15/25		6.125		646,313
	750	James Hardie International Finance DAC, Rule 144A, Company Guaranteed Notes (Callable 01/15/21 @ 102.38)⁽¹⁾	(BB, Ba1)		01/15/25		4.750		716,250
	1,970	James Hardie International Finance DAC, Rule 144A, Company Guaranteed Notes (Callable 01/15/23 @ 102.50)⁽¹⁾	(BB, Ba1)		01/15/28		5.000		1,782,850
	800	Jeld-Wen, Inc., Rule 144A, Company Guaranteed Notes (Callable 12/15/20 @ 102.31)⁽¹⁾	(BB-, B1)		12/15/25		4.625		728,000
	2,500	Jeld-Wen, Inc., Rule 144A, Company Guaranteed Notes (Callable 12/15/22 @ 102.44)⁽¹⁾	(BB-, B1)		12/15/27		4.875		2,218,750
	1,130	Masonite International Corp., Rule 144A, Company Guaranteed Notes (Callable 09/15/21 @ 102.88)⁽¹⁾	(BB+, Ba3)		09/15/26		5.750		1,101,750
	3,900	Omnimax International, Inc., Rule 144A, Senior Secured Notes (Callable 02/15/2019 @ 104.50)⁽¹⁾	(B-, Caa1)		08/15/20		12.000		3,943,875
	3,540	PriSo Acquisition Corp., Rule 144A, Senior Unsecured Notes (Callable 03/04/19 @ 104.50)^(1),⁽²⁾	(CCC+, Caa1)		05/15/23		9.000		3,553,275
	1,185	Standard Industries, Inc. Rule 144A, Senior Unsecured Notes (Callable 01/15/23 @ 102.38)⁽¹⁾	(BBB-, Ba2)		01/15/28		4.750		1,075,743
	1,500	Standard Industries, Inc., Rule 144A, Senior Unsecured Notes (Callable 02/15/22 @ 102.50)⁽¹⁾	(BBB-, Ba2)		02/15/27		5.000		1,406,250
	1,000	Summit Materials Finance Corp., Global Company Guaranteed Notes (Callable 04/15/19 @ 104.25)	(BB, B3)		04/15/22		8.500		1,050,000
	975	U.S. Concrete, Inc., Global Company Guaranteed Notes (Callable 06/01/19 @ 104.78)	(BB-, B3)		06/01/24		6.375		951,600
	1,600	USG Corp., Rule 144A, Company Guaranteed Notes (Callable 06/01/22 @ 102.44)⁽¹⁾	(BB+, Ba2)		06/01/27		4.875		1,630,560

									27,773,753


	Cable & Satellite TV (10.1%)
	2,065	Altice Financing S.A., Rule 144A, Senior Secured Notes (Callable 03/04/2019 @ 103.31)⁽¹⁾	(B+, B2)		02/15/23		6.625		2,081,107
	2,300	Altice Financing S.A., Rule 144A, Senior Secured Notes (Callable 05/15/21 @ 103.75)⁽¹⁾	(B+, B2)		05/15/26		7.500		2,185,000
	650	Altice France S.A., Rule 144A, Senior Secured Notes (Callable 05/01/21 @ 103.69)⁽¹⁾	(B, B2)		05/01/26		7.375		628,056
	2,800	Altice France S.A., Rule 144A, Senior Secured Notes (Callable 05/15/19 @ 103.13)⁽¹⁾	(B, B2)		05/15/24		6.250		2,755,340


Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value

	CORPORATE BONDS (continued)
	Cable & Satellite TV
$	4,000	Block Communications, Inc., Rule 144A, Senior Unsecured Notes (Callable 02/15/20 @ 103.44)⁽¹⁾	(BB-, Ba3)		02/15/25		6.875	$	4,120,000
	1,315	CSC Holdings LLC, Global Senior Unsecured Notes	(B-, B3)		06/01/24		5.250		1,265,687
	750	CSC Holdings LLC, Rule 144A, Company Guaranteed Notes (Callable 02/01/23 @ 102.69)⁽¹⁾	(BB-, Ba3)		02/01/28		5.375		722,812
	525	CSC Holdings LLC, Rule 144A, Company Guaranteed Notes (Callable 04/15/22 @ 102.75)⁽¹⁾	(BB-, Ba2)		04/15/27		5.500		514,490
	800	CSC Holdings LLC, Rule 144A, Company Guaranteed Notes (Callable 10/15/20 @ 103.31)⁽¹⁾	(BB-, Ba2)		10/15/25		6.625		839,000
	2,200	CSC Holdings LLC, Rule 144A, Senior Secured Notes (Callable 02/11/19 @ 104.03)⁽¹⁾	(BB-, Ba3)		07/15/23		5.375		2,229,590
	840	CSC Holdings LLC, Rule 144A, Senior Unsecured Notes (Callable 10/15/20 @ 105.44)⁽¹⁾	(B-, B3)		10/15/25		10.875		970,360
	1,750	Midcontinent Finance Corp., Rule 144A, Company Guaranteed Notes (Callable 03/04/19 @ 105.16)⁽¹⁾	(B, B3)		08/15/23		6.875		1,811,250
	2,000	Telenet Finance Luxembourg Notes Sarl, Rule 144A, Senior Secured Notes (Callable 12/01/22 @ 102.75)⁽¹⁾	(BB-, Ba3)		03/01/28		5.500		1,900,000
	1,000	Virgin Media Secured Finance PLC, Rule 144A, Senior Secured Notes (Callable 04/15/22 @ 102.50)^(1),(3)	(BB-, Ba3)		04/15/27		5.000		1,279,936
	3,250	Ziggo B.V., Rule 144A, Senior Secured Notes (Callable 01/15/22 @ 102.75)⁽¹⁾	(B+, B1)		01/15/27		5.500		3,079,375

									26,382,003


	Chemicals (5.7%)
	2,000	Alpha 2 B.V., 8.75% Cash, 9.50% PIK, Rule 144A, Senior Unsecured Notes (Callable 06/01/19 @ 102.00)^(1),(4)	(CCC+, Caa1)		06/01/23		8.750		1,945,000
	2,100	Alpha U.S. Bidco, Inc., Rule 144A, Company Guaranteed Notes (Callable 02/01/20 @ 103.13)⁽¹⁾	(CCC+, Caa1)		02/01/25		6.250		1,995,840
	2,200	Ingevity Corp., Rule 144A, Senior Unsecured Notes (Callable 02/01/21 @ 102.25)⁽¹⁾	(NR, Ba3)		02/01/26		4.500		2,018,500
	1,000	Nufarm Americas, Inc., Rule 144A, Company Guaranteed Notes (Callable 04/30/21 @ 102.88)⁽¹⁾	(BB-, B1)		04/30/26		5.750		930,000
	272	Reichhold Industries, Inc., Rule 144A, Senior Secured Notes^{(1),(5),(6),(7),(8)}	(NR, NR)		05/01/19		9.000		3,667
	950	Starfruit U.S. Holdco LLC, Rule 144A, Senior Unsecured Notes (Callable 10/01/21 @ 104.00)^(1),(2)	(B-, Caa1)		10/01/26		8.000		950,000
	1,200	Starfruit U.S. Holdco LLC, Rule 144A, Senior Unsecured Notes (Callable 10/01/21 @ 103.25)^(1),(9)	(B-, Caa1)		10/01/26		6.500		1,332,809
	2,000	Trinseo Materials Finance, Inc., Rule 144A, Company Guaranteed Notes (Callable 09/01/20 @ 102.69)⁽¹⁾	(BB-, B2)		09/01/25		5.375		1,820,600
	1,250	Tronox, Inc., Rule 144A, Company Guaranteed Notes (Callable 04/15/21 @ 103.25)^(1),(2)	(B-, B3)		04/15/26		6.500		1,098,437
	2,625	Venator Materials LLC, Rule 144A, Company Guaranteed Notes (Callable 07/15/20 @ 104.31)^(1),(2)	(BB-, B2)		07/15/25		5.750		2,185,312
	675	Versum Materials, Inc., Rule 144A, Company Guaranteed Notes (Callable 09/30/21 @ 102.75)⁽¹⁾	(BB+, Ba3)		09/30/24		5.500		686,813

									14,966,978


	Consumer/Commercial/Lease Financing (0.3%)
	775	Lincoln Finance Ltd., Rule 144A, Senior Secured Notes (Callable 02/11/2019 @ 103.69)⁽¹⁾	(BB+, B1)		04/15/21		7.375		785,656


	Diversified Capital Goods (1.6%)
	2,050	Anixter, Inc., Global Company Guaranteed Notes	(BB, Ba3)		03/01/23		5.500		2,101,250
	250	Anixter, Inc., Rule 144A, Company Guaranteed Notes (Callable 09/01/25 @ 100.00)⁽¹⁾	(BB, Ba3)		12/01/25		6.000		256,875
	360	EnerSys, Rule 144A, Company Guaranteed Notes (Callable 01/30/23 @ 100.00)⁽¹⁾	(BB+, Ba2)		04/30/23		5.000		359,100
	1,500	Stevens Holding Co., Inc., Rule 144A, Company Guaranteed Notes (Callable 10/01/23 @ 101.53)⁽¹⁾	(B+, B2)		10/01/26		6.125		1,523,070

									4,240,295


	Electronics (1.9%)
	2,625	Entegris, Inc., Rule 144A, Company Guaranteed Notes (Callable 11/10/20 @ 103.47)⁽¹⁾	(BB, Ba2)		02/10/26		4.625		2,559,375


Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value

	CORPORATE BONDS (continued)
	Electronics
$	2,250	Sensata Technologies B.V., Rule 144A, Company Guaranteed Notes⁽¹⁾	(BB+, Ba3)		10/01/25		5.000	$	2,272,500

									4,831,875


	Energy - Exploration & Production (1.7%)
	1,981	Talos Production Finance, Inc., Global Secured Notes (Callable 05/10/19 @ 105.50)⁽²⁾	(NR, NR)		04/03/22		11.000		2,052,558
	2,500	W&T Offshore, Inc., Rule 144A, Secured Notes (Callable 11/01/20 @ 104.88)⁽¹⁾	(B, B3)		11/01/23		9.750		2,443,750

									4,496,308


	Food - Wholesale (1.4%)
	2,100	Clearwater Seafoods, Inc., Rule 144A, Senior Unsecured Notes (Callable 05/01/20 @ 105.16)⁽¹⁾	(B+, B3)		05/01/25		6.875		2,029,125
	1,550	U.S. Foods, Inc., Rule 144A, Company Guaranteed Notes (Callable 06/15/19 @ 102.94)⁽¹⁾	(BB, B2)		06/15/24		5.875		1,582,612

									3,611,737


	Gaming (3.4%)
	825	Boyd Gaming Corp., Global Company Guaranteed Notes (Callable 08/15/21 @ 103.00)	(B, B3)		08/15/26		6.000		828,094
	2,500	Churchill Downs, Inc., Rule 144A, Company Guaranteed Notes (Callable 01/15/23 @ 102.38)⁽¹⁾	(B+, Ba3)		01/15/28		4.750		2,409,375
	2,000	Gateway Casinos & Entertainment Ltd., Rule 144A, Secured Notes (Callable 03/01/20 @ 104.13)⁽¹⁾	(CCC+, Caa1)		03/01/24		8.250		2,070,000
	2,200	Jacobs Entertainment, Inc., Rule 144A, Secured Notes (Callable 02/01/20 @ 105.91)⁽¹⁾	(B, B2)		02/01/24		7.875		2,316,160
	1,250	MGP Finance Co-Issuer, Inc. Rule 144A, Company Guaranteed Notes (Callable 11/01/26 @ 100.00)⁽¹⁾	(BB-, B1)		02/01/27		5.750		1,262,312

									8,885,941


	Gas Distribution (2.5%)
	800	CNX Midstream Finance Corp., Rule 144A, Senior Unsecured Notes (Callable 03/15/21 @ 104.88)⁽¹⁾	(BB-, B3)		03/15/26		6.500		791,000
	1,250	Genesis Energy Finance Corp., Company Guaranteed Notes (Callable 02/15/21 @ 104.69)	(B+, B1)		05/15/26		6.250		1,152,344
	2,750	Genesis Energy Finance Corp., Company Guaranteed Notes (Callable 06/15/19 @ 102.81)	(B+, B1)		06/15/24		5.625		2,543,750
	2,000	Holly Energy Finance Corp., Rule 144A, Company Guaranteed Notes (Callable 08/01/19 @ 104.50)⁽¹⁾	(BB, B2)		08/01/24		6.000		2,025,000

									6,512,094


	Health Facilities (2.3%)
	1,250	HCA, Inc., Company Guaranteed Notes (Callable 03/01/28 @ 100.00)	(BB-, Ba2)		09/01/28		5.625		1,295,700
	2,200	HCA, Inc., Senior Secured Notes	(BBB-, Baa3)		03/15/24		5.000		2,294,600
	2,625	Sabra Health Care LP, Global Company Guaranteed Notes (Callable 05/15/26 @ 100.00)	(BBB-, Ba1)		08/15/26		5.125		2,468,828

									6,059,128


	Health Services (2.6%)
	2,500	AMN Healthcare, Inc., Rule 144A, Company Guaranteed Notes (Callable 10/01/19 @ 103.84)⁽¹⁾	(BB-, Ba2)		10/01/24		5.125		2,487,500
	715	CareTrust Capital Corp., Company Guaranteed Notes (Callable 06/01/20 @ 103.94)	(BB, Ba3)		06/01/25		5.250		698,913
	1,700	Sotera Health Holdings LLC, Rule 144A, Senior Unsecured Notes (Callable 03/04/19 @ 104.88)⁽¹⁾	(CCC+, Caa1)		05/15/23		6.500		1,717,000
	1,950	Sotera Health Topco, Inc., 8.125% Cash, 8.875% PIK, Rule 144A, Senior Unsecured Notes (Callable 03/04/19 @ 101.00)^(1),(4)	(CCC+, Caa2)		11/01/21		8.125		1,950,000

									6,853,413


	Hotels (1.1%)
	3,000	ESH Hospitality, Inc., Rule 144A, Company Guaranteed Notes (Callable 05/01/20 @ 102.63)⁽¹⁾	(BB-, Ba3)		05/01/25		5.250		2,973,300


Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value

	CORPORATE BONDS (continued)
	Insurance Brokerage (3.6%)
$	500	Acrisure Finance, Inc., Rule 144A, Senior Secured Notes (Callable 02/15/21 @ 104.06)⁽¹⁾	(B, B2)		02/15/24		8.125	$	509,688
	3,530	Acrisure Finance, Inc., Rule 144A, Senior Unsecured Notes (Callable 11/15/20 @ 103.50)⁽¹⁾	(CCC+, Caa2)		11/15/25		7.000		3,088,750
	2,500	HUB International Ltd., Rule 144A, Senior Unsecured Notes (Callable 05/01/21 @ 103.50)⁽¹⁾	(CCC+, Caa2)		05/01/26		7.000		2,431,250
	3,375	NFP Corp., Rule 144A, Senior Unsecured Notes (Callable 07/15/20 @ 103.44)⁽¹⁾	(CCC+, Caa2)		07/15/25		6.875		3,223,125

									9,252,813


	Investments & Misc. Financial Services (2.7%)
	3,700	Compass Group Diversified Holdings LLC, Rule 144A, Senior Unsecured Notes (Callable 05/01/21 @ 104.00)⁽¹⁾	(B-, B3)		05/01/26		8.000		3,755,500
	3,125	Orchestra Co-Issuer, Inc., Rule 144A, Secured Notes (Callable 06/15/19 @ 103.38)⁽¹⁾	(B-, B1)		06/15/22		6.750		3,179,688

									6,935,188


	Machinery (1.9%)
	1,000	Itron, Inc., Rule 144A, Company Guaranteed Notes (Callable 01/15/21 @ 102.50)⁽¹⁾	(BB-, B2)		01/15/26		5.000		955,950
	2,485	Rexnord LLC, Rule 144A, Company Guaranteed Notes (Callable 12/15/20 @ 102.44)⁽¹⁾	(B+, B1)		12/15/25		4.875		2,410,450
	1,575	Terex Corp., Rule 144A, Company Guaranteed Notes (Callable 02/01/20 @ 104.22)⁽¹⁾	(BB, B2)		02/01/25		5.625		1,525,781

									4,892,181


	Media - Diversified (0.5%)
	500	National CineMedia LLC, Global Senior Secured Notes (Callable 03/04/19 @ 102.00)	(B+, Ba3)		04/15/22		6.000		506,250
	750	National CineMedia LLC, Global Senior Unsecured Notes (Callable 08/15/21 @ 102.88)	(B-, B3)		08/15/26		5.750		678,750

									1,185,000


	Media Content (2.1%)
	2,625	EMI Music Publishing Group North America Holdings, Inc., Rule 144A, Company Guaranteed Notes (Callable 06/15/19 @ 105.72)⁽¹⁾	(B, B3)		06/15/24		7.625		2,790,847
	750	Netflix, Inc., Global Senior Unsecured Notes	(BB-, Ba3)		02/15/25		5.875		778,838
	800	Netflix, Inc., Rule 144A, Senior Unsecured Notes⁽¹⁾	(BB-, Ba3)		11/15/28		5.875		813,000
	1,000	WMG Acquisition Corp., Rule 144A, Senior Secured Notes (Callable 11/01/19 @ 103.66)⁽¹⁾	(B+, Ba3)		11/01/24		4.875		985,000

									5,367,685


	Metals & Mining - Excluding Steel (4.8%)
	2,200	Cleveland-Cliffs, Inc., Rule 144A, Senior Secured Notes (Callable 01/15/21 @ 102.44)⁽¹⁾	(BB-, Ba2)		01/15/24		4.875		2,123,000
	2,950	Eldorado Gold Corp., Rule 144A, Company Guaranteed Notes (Callable 03/04/19 @ 100.00)⁽¹⁾	(B, B2)		12/15/20		6.125		2,817,250
	2,150	First Quantum Minerals Ltd., Rule 144A, Company Guaranteed Notes (Callable 03/01/21 @ 105.16)^(1),(2)	(B, NR)		03/01/26		6.875		1,956,500
	2,000	Kaiser Aluminum Corp., Global Company Guaranteed Notes (Callable 05/15/19 @ 104.41)	(BB+, Ba3)		05/15/24		5.875		2,035,000
	3,925	Taseko Mines Ltd., Rule 144A, Senior Secured Notes (Callable 06/15/19 @ 104.38)^(1),(7)	(B, B3)		06/15/22		8.750		3,503,063

									12,434,813


	Oil Field Equipment & Services (4.3%)
	3,330	FTS International, Inc., Global Senior Secured Notes (Callable 03/04/19 @ 103.13)	(B, B3)		05/01/22		6.250		3,130,200
	300	KCA Deutag UK Finance PLC, Rule 144A, Senior Secured Notes (Callable 03/04/19 @ 101.81)^(1),(2)	(B-, B3)		05/15/21		7.250		240,000
	2,000	KCA Deutag UK Finance PLC, Rule 144A, Senior Secured Notes (Callable 04/01/20 @ 109.88)⁽¹⁾	(B-, B3)		04/01/22		9.875		1,560,000
	675	Nine Energy Service, Inc., Rule 144A, Senior Unsecured Notes (Callable 11/01/20 @ 104.38)⁽¹⁾	(B, B3)		11/01/23		8.750		680,063
	414	Nor Offshore SPV Ltd., PIK, Senior Secured Notes (Callable 03/01/19 @ 100.00)⁽⁴⁾	(NR, NR)		02/04/20		8.400		149,025


Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value

	CORPORATE BONDS (continued)
	Oil Field Equipment & Services
$	2,130	Pioneer Energy Services Corp., Global Company Guaranteed Notes (Callable 03/04/19 @ 103.06)	(CCC, Caa2)		03/15/22		6.125	$	1,299,300
	3,750	Shelf Drilling Holdings Ltd., Rule 144A, Company Guaranteed Notes (Callable 02/15/21 @ 106.19)⁽¹⁾	(B-, B2)		02/15/25		8.250		3,417,187
	850	Trinidad Drilling Ltd., Rule 144A, Company Guaranteed Notes (Callable 02/15/20 @ 104.97)⁽¹⁾	(BB-, B3)		02/15/25		6.625		859,562

									11,335,337


	Oil Refining & Marketing (2.0%)
	1,000	CITGO Petroleum Corp., Rule 144A, Senior Secured Notes (Callable 03/04/2019 @ 103.13)⁽¹⁾	(B+, B3)		08/15/22		6.250		990,000
	4,100	Coffeyville Finance, Inc., Global Company Guaranteed Notes (Callable 03/04/19 @ 102.17)	(BB-, B1)		11/01/22		6.500		4,130,750

									5,120,750


	Packaging (3.1%)
	1,000	Ardagh Holdings U.S.A., Inc., Rule 144A, Company Guaranteed Notes (Callable 02/15/20 @ 104.50)⁽¹⁾	(B, B3)		02/15/25		6.000		975,000
	1,500	Crown Americas Capital Corp. VI, Global Company Guaranteed Notes (Callable 02/01/21 @ 103.56)⁽²⁾	(BB-, Ba3)		02/01/26		4.750		1,473,750
	2,500	Flex Acquisition Co., Inc., Rule 144A, Senior Unsecured Notes (Callable 01/15/20 @ 103.44)⁽¹⁾	(CCC+, Caa1)		01/15/25		6.875		2,350,000
	3,400	TriMas Corp., Rule 144A, Company Guaranteed Notes (Callable 10/15/20 @ 102.44)⁽¹⁾	(BB-, Ba3)		10/15/25		4.875		3,304,375

									8,103,125


	Personal & Household Products (1.2%)
	2,000	High Ridge Brands Co., Rule 144A, Company Guaranteed Notes (Callable 03/15/20 @ 104.44)⁽¹⁾	(CC, Caa3)		03/15/25		8.875		870,000
	1,822	Mattel, Inc., Rule 144A, Company Guaranteed Notes (Callable 12/31/20 @ 105.06)⁽¹⁾	(BB-, B1)		12/31/25		6.750		1,726,345
	550	Prestige Brands, Inc., Rule 144A, Company Guaranteed Notes (Callable 03/04/19 @ 104.78)^(1),(2)	(B, Caa1)		03/01/24		6.375		550,000

									3,146,345


	Pharmaceuticals (3.7%)
	3,050	Bausch Health Cos., Inc., Rule 144A, Company Guaranteed Notes (Callable 03/04/19 @ 102.94)⁽¹⁾	(B-, B3)		05/15/23		5.875		2,996,625
	2,850	Bausch Health Cos., Inc., Rule 144A, Senior Secured Notes (Callable 03/15/20 @ 103.50)⁽¹⁾	(BB-, Ba2)		03/15/24		7.000		3,001,335
	500	Endo Finance LLC, Rule 144A, Company Guaranteed Notes (Callable 03/04/2019 @ 104.50)⁽¹⁾	(CCC+, B3)		07/15/23		6.000		411,060
	1,350	Endo Finance LLC, Rule 144A, Senior Secured Notes (Callable 04/15/20 @ 102.94)^(1),(2)	(BB-, Ba2)		10/15/24		5.875		1,329,750
	2,619	Owens & Minor, Inc., Global Senior Secured Notes (Callable 09/15/24 @ 100.00)	(B, B1)		12/15/24		4.375		2,029,725

									9,768,495


	Real Estate Development & Management (0.4%)
	950	Newmark Group, Inc., Rule 144A, Senior Unsecured Notes (Callable 10/15/23 @ 100.00)⁽¹⁾	(BB+, NR)		11/15/23		6.125		948,748


	Real Estate Investment Trusts (2.7%)
	2,143	iStar, Inc., Senior Unsecured Notes (Callable 03/04/19 @ 100.00)	(BB-, Ba3)		07/01/19		5.000		2,147,018
	1,400	iStar, Inc., Senior Unsecured Notes (Callable 04/01/19 @ 103.00)	(BB-, Ba3)		04/01/22		6.000		1,400,000
	1,500	iStar, Inc., Senior Unsecured Notes (Callable 09/15/19 @ 102.63)	(BB-, Ba3)		09/15/22		5.250		1,480,500
	370	Starwood Property Trust, Inc., Global Senior Unsecured Notes (Callable 09/15/21 @ 100.00)	(BB-, Ba3)		12/15/21		5.000		374,625
	1,800	Starwood Property Trust, Inc., Global Senior Unsecured Notes (Callable 09/15/24 @ 100.00)	(BB-, Ba3)		03/15/25		4.750		1,732,500

									7,134,643


	Recreation & Travel (3.6%)
	1,950	Boyne U.S.A., Inc., Rule 144A, Secured Notes (Callable 05/01/21 @ 103.63)⁽¹⁾	(B, B2)		05/01/25		7.250		2,062,125
	2,000	Canada’s Wonderland Co., Global Company Guaranteed Notes (Callable 04/15/22 @ 102.69)⁽²⁾	(BB-, B1)		04/15/27		5.375		1,995,000


Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value

	CORPORATE BONDS (continued)
	Recreation & Travel
$	1,300	Merlin Entertainments PLC, Rule 144A, Senior Unsecured Notes (Callable 03/17/26 @ 100.00)⁽¹⁾	(BB, Ba2)		06/15/26		5.750	$	1,330,875
	600	Six Flags Entertainment Corp., Rule 144A, Company Guaranteed Notes (Callable 04/15/22 @ 102.75)⁽¹⁾	(BB-, B2)		04/15/27		5.500		597,000
	2,150	Six Flags Entertainment Corp., Rule 144A, Company Guaranteed Notes (Callable 07/31/19 @ 103.66)⁽¹⁾	(BB-, B2)		07/31/24		4.875		2,133,875
	1,320	Speedway Motorsports, Inc., Global Company Guaranteed Notes (Callable 03/04/19 @ 102.56)	(BB+, Ba2)		02/01/23		5.125		1,316,700

									9,435,575


	Restaurants (2.3%)
	3,250	Golden Nugget, Inc., Rule 144A, Senior Unsecured Notes (Callable 10/15/19 @ 103.38)⁽¹⁾	(CCC+, B3)		10/15/24		6.750		3,258,125
	2,750	New Red Finance, Inc., Rule 144A, Secured Notes (Callable 10/15/20 @ 102.50)⁽¹⁾	(B-, B3)		10/15/25		5.000		2,660,625

									5,918,750


	Software - Services (4.5%)
	1,000	CDK Global, Inc., Global Senior Unsecured Notes (Callable 06/01/22 @ 102.44)	(BB+, Ba1)		06/01/27		4.875		975,000
	1,529	Epicor Software Corp., Rule 144A, Secured Notes (Callable 03/04/19 @ 102.00), LIBOR 3M + 7.250%^{(1),(6),(8),(10)}	(NR, NR)		06/30/23		10.050		1,498,420
	1,825	First Data Corp., Rule 144A, Secured Notes (Callable 02/11/19 @ 102.88)⁽¹⁾	(B+, B2)		01/15/24		5.750		1,883,172
	1,450	Infor Software Parent, Inc., 7.125% Cash, 7.875% PIK, Rule 144A, Senior Unsecured Notes (Callable 03/04/19 @ 101.78)^(1),(4)	(CCC, Caa2)		05/01/21		7.125		1,466,312
	1,800	Infor U.S., Inc., Company Guaranteed Notes (Callable 02/14/19 @ 102.88)⁽⁹⁾	(CCC+, Caa1)		05/15/22		5.750		2,131,920
	3,350	Solera Finance, Inc., Rule 144A, Senior Unsecured Notes (Callable 03/04/19 @ 107.88)⁽¹⁾	(CCC+, Caa1)		03/01/24		10.500		3,651,433

									11,606,257


	Specialty Retail (1.4%)
	1,403	Lithia Motors, Inc., Rule 144A, Company Guaranteed Notes (Callable 08/01/20 @ 103.94)⁽¹⁾	(BB, Ba2)		08/01/25		5.250		1,359,156
	2,500	Ruyi U.S. Finance LLC, Rule 144A, Senior Secured Notes (Callable 05/01/21 @ 105.63)⁽¹⁾	(B, B1)		05/01/25		7.500		2,390,625

									3,749,781


	Steel Producers/Products (1.3%)
	1,000	Commercial Metals Co., Global Senior Unsecured Notes (Callable 04/15/21 @ 102.88)	(BB+, Ba2)		04/15/26		5.750		950,000
	450	Commercial Metals Co., Senior Unsecured Notes (Callable 07/15/22 @ 102.69)	(BB+, Ba2)		07/15/27		5.375		410,625
	2,000	Zekelman Industries, Inc., Rule 144A, Senior Secured Notes (Callable 06/15/19 @ 104.94)⁽¹⁾	(B, B3)		06/15/23		9.875		2,135,000

									3,495,625


	Support - Services (6.9%)
	50	CoreCivic, Inc., Company Guaranteed Notes (Callable 07/15/27 @ 100.00)	(BB, Ba1)		10/15/27		4.750		42,750
	2,550	Gartner, Inc., Rule 144A, Company Guaranteed Notes (Callable 04/01/20 @ 103.84)⁽¹⁾	(BB-, B1)		04/01/25		5.125		2,543,625
	3,000	H&E Equipment Services, Inc., Global Company Guaranteed Notes (Callable 09/01/20 @ 104.22)	(BB-, B2)		09/01/25		5.625		2,943,750
	1,950	KAR Auction Services, Inc., Rule 144A, Company Guaranteed Notes (Callable 06/01/20 @ 103.84)⁽¹⁾	(B, B3)		06/01/25		5.125		1,888,731
	2,750	Sotheby’s, Rule 144A, Company Guaranteed Notes (Callable 12/15/20 @ 103.66)⁽¹⁾	(BB-, Ba3)		12/15/25		4.875		2,654,575
	1,730	Tempo Acquisition Finance Corp., Rule 144A, Senior Unsecured Notes (Callable 06/01/20 @ 103.38)⁽¹⁾	(CCC+, Caa1)		06/01/25		6.750		1,717,025
	1,900	United Rentals North America, Inc., Company Guaranteed Notes (Callable 01/15/23 @ 102.44)	(BB, Ba3)		01/15/28		4.875		1,807,375
	1,000	United Rentals North America, Inc., Company Guaranteed Notes (Callable 05/15/22 @ 102.75)	(BB, Ba3)		05/15/27		5.500		987,800
	150	United Rentals North America, Inc., Global Company Guaranteed Notes (Callable 12/15/21 @ 103.25)	(BB, Ba3)		12/15/26		6.500		156,000


Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value

	CORPORATE BONDS (continued)
	Support - Services
$	3,050	WeWork Cos., Inc., Rule 144A, Company Guaranteed Notes^(1),(2)	(B+, NR)		05/01/25		7.875	$	2,775,866
	400	Williams Scotsman International, Inc., Rule 144A, Senior Secured Notes (Callable 08/15/20 @ 103.44)⁽¹⁾	(B, B3)		08/15/23		6.875		392,620

									17,910,117


	Tech Hardware & Equipment (2.2%)
	2,341	CDW Finance Corp., Company Guaranteed Notes (Callable 03/01/20 @ 103.75)	(BB-, Ba2)		09/01/25		5.000		2,332,221
	1,750	CommScope Technologies LLC, Rule 144A, Company Guaranteed Notes (Callable 03/15/22 @ 102.50)⁽¹⁾	(BB-, B1)		03/15/27		5.000		1,496,075
	1,950	CommScope Technologies LLC, Rule 144A, Company Guaranteed Notes (Callable 06/15/20 @ 103.00)⁽¹⁾	(BB-, B1)		06/15/25		6.000		1,847,625

									5,675,921


	Telecom - Satellite (0.4%)
	1,000	Hughes Satellite Systems Corp., Global Senior Secured Notes	(BBB-, Ba2)		08/01/26		5.250		961,250


	Telecom - Wireless (0.6%)
	1,400	T-Mobile U.S.A., Inc., Global Company Guaranteed Notes (Callable 01/15/21 @ 103.25)	(BB+, Ba2)		01/15/26		6.500		1,484,000


	Telecom - Wireline Integrated & Services (2.6%)
	725	Equinix, Inc., Senior Unsecured Notes (Callable 05/15/22 @ 102.69)	(BB+, B1)		05/15/27		5.375		728,625
	4,000	GTT Communications, Inc., Rule 144A, Company Guaranteed Notes (Callable 12/31/19 @ 105.91)^(1),(2)	(CCC, Caa1)		12/31/24		7.875		3,540,000
	2,550	QTS Finance Corp., Rule 144A, Company Guaranteed Notes (Callable 11/15/20 @ 103.56)⁽¹⁾	(BB, B1)		11/15/25		4.750		2,397,000

									6,665,625


	Theaters & Entertainment (2.4%)
	600	AMC Entertainment Holdings, Inc., Global Company Guaranteed Notes (Callable 05/15/22 @ 103.06)	(B-, B3)		05/15/27		6.125		537,000
	855	AMC Entertainment Holdings, Inc., Global Company Guaranteed Notes (Callable 11/15/21 @ 102.94)	(B-, B3)		11/15/26		5.875		771,637
	1,475	Carmike Cinemas, Inc., Rule 144A, Secured Notes (Callable 03/04/19 @ 104.50)⁽¹⁾	(BB-, Ba2)		06/15/23		6.000		1,506,344
	1,000	Cinemark U.S.A., Inc., Global Company Guaranteed Notes (Callable 03/04/19 @ 102.44)	(BB, B2)		06/01/23		4.875		992,500
	400	Live Nation Entertainment, Inc., Rule 144A, Company Guaranteed Notes (Callable 03/15/21 @ 104.22)⁽¹⁾	(B+, B1)		03/15/26		5.625		405,000
	2,200	Live Nation Entertainment, Inc., Rule 144A, Company Guaranteed Notes (Callable 11/01/19 @ 103.66)⁽¹⁾	(B+, B1)		11/01/24		4.875		2,172,500

									6,384,981


	Transport Infrastructure/Services (0.8%)
	3,150	Navios Maritime Finance II U.S., Inc., Rule 144A, Senior Secured Notes (Callable 03/04/19 @ 104.22)⁽¹⁾	(B, Caa1)		08/15/22		11.250		2,205,000

	TOTAL CORPORATE BONDS (Cost $303,811,316)								296,100,924


	BANK LOANS (23.6%)
	Aerospace & Defense (0.7%)
	1,921	Sequa Mezzanine Holdings LLC, LIBOR 1M + 5.000%⁽¹⁰⁾	(CCC+, B3)		11/28/21		7.516		1,892,283


	Auto Parts & Equipment (0.3%)
	725	Dayco Products LLC, LIBOR 3M + 4.250%^(8),(10)	(B, B2)		05/19/23		6.957		708,502


	Beverages (0.4%)
	2,000	The Winebow Group, Inc., LIBOR 1M + 7.500%^(7),(8),(10)	(CCC-, Caa1)		12/31/21		9.999		1,100,000


	Building Materials (1.3%)
	2,000	Airxcel, Inc., LIBOR 1M + 8.750%^(7),(10)	(CCC+, Caa2)		04/27/26		11.249		1,830,000
	1,634	Fastener Acquisition, Inc., LIBOR 3M + 8.750%^(7),(8),(10)	(CCC+, Caa2)		03/30/26		11.553		1,511,232

									3,341,232


	Chemicals (5.1%)
	1,000	Archroma Finance Sarl, LIBOR 3M + 8.250%^(7),(8),(10)	(NR, Caa1)		07/28/25		11.049		985,000
	2,086	Ascend Performance Materials Operations LLC, LIBOR 3M + 5.250%^(8),(10)	(B+, B2)		08/12/22		8.053		2,075,548


Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value

	BANK LOANS (continued)
	Chemicals
$	958	ASP Chromaflo Intermediate Holdings, Inc., LIBOR 1M + 8.000%^(7),(10)	(CCC, Caa2)		11/18/24		10.499	$	953,542
	500	Houghton International, Inc., LIBOR 1M + 8.500%^(8),(10)	(B-, Caa1)		12/20/20		10.999		500,000
	2,500	Polar US Borrower LLC, LIBOR 3M + 4.750%^(8),(10)	(B, B2)		10/15/25		7.537		2,481,250
	3,361	Preferred Proppants LLC, LIBOR 3M + 9.750%^{(5),(7),(8),(10)}	(NR, NR)		07/27/20		12.553		672,167
	1,488	UTEX Industries, Inc., LIBOR 1M + 4.000%⁽¹⁰⁾	(CCC+, B3)		05/22/21		6.499		1,406,473
	2,000	Vantage Specialty Chemicals, Inc., LIBOR 3M + 8.250%^(7),(10)	(CCC, Caa2)		10/27/25		10.884		1,937,500
	2,487	Zep, Inc., LIBOR 3M + 4.000%⁽¹⁰⁾	(CCC+, B2)		08/12/24		6.803		2,205,508

									13,216,988


	Diversified Capital Goods (1.3%)
	1,500	Cortes NP Acquisition Corp., LIBOR 3M + 4.000%⁽¹⁰⁾	(B, B1)		11/30/23		6.707		1,401,562
	2,045	Dynacast International LLC, LIBOR 3M + 8.500%^(7),(8),(10)	(B-, Caa2)		01/30/23		11.303		1,983,650

									3,385,212


	Electronics (0.8%)
	1,000	CPI International, Inc., LIBOR 1M + 7.250%^(8),(10)	(CCC+, Caa2)		07/26/25		9.752		985,000
	985	Oberthur Technologies S.A., LIBOR 3M + 3.750%⁽¹⁰⁾	(B-, B2)		01/10/24		6.553		967,110

									1,952,110


	Energy - Exploration & Production (0.7%)
	2,350	PES Holdings LLC, LIBOR 3M + 0.500%⁽¹⁰⁾	(B-, B2)		12/31/22		10.293		1,779,816


	Food - Wholesale (0.4%)
	1,250	United Natural Foods, Inc., LIBOR 1M + 4.250%⁽¹⁰⁾	(B+, B2)		10/22/25		6.749		1,077,500


	Gas Distribution (0.8%)
	2,099	BCP Renaissance Parent LLC, LIBOR 3M + 3.500%⁽¹⁰⁾	(B+, B1)		10/31/24		6.244		2,083,043


	Health Facilities (0.5%)
	248	Prospect Medical Holdings, Inc., LIBOR 1M + 5.500%^(8),(10)	(B, B1)		02/22/24		8.063		246,884
	1,155	Western Dental Services, Inc., LIBOR 1M + 5.250%⁽¹⁰⁾	(B-, B3)		06/30/23		7.749		1,124,741

									1,371,625


	Insurance Brokerage (0.7%)
	1,965	Acrisure LLC, LIBOR 1M + 4.250%⁽¹⁰⁾	(B, B2)		11/22/23		6.749		1,932,583


	Investments & Misc. Financial Services (0.4%)
	215	Ditech Holding Corp., LIBOR 1M + 6.000%⁽¹⁰⁾	(CC, Caa2)		06/30/22		8.499		146,051
	897	Ocwen Financial Corp., LIBOR 1M + 5.000%⁽¹⁰⁾	(B+, B2)		12/05/20		7.519		886,803

									1,032,854


	Machinery (1.8%)
	1,223	LTI Holdings, Inc., LIBOR 1M + 6.750%⁽¹⁰⁾	(CCC+, Caa2)		09/06/26		9.249		1,143,427
	1,000	MW Industries, Inc., LIBOR 3M + 8.000%^(7),(10)	(CCC+, Caa2)		09/28/25		10.803		985,000
	2,475	WireCo WorldGroup, Inc., LIBOR 1M + 9.000%^(8),(10)	(B-, Caa2)		09/30/24		11.499		2,475,000

									4,603,427


	Media Content (0.4%)
	1,000	DLG Acquisitions Ltd., EURIBOR 6M + 7.250%^(9),(10)	(CCC+, Caa2)		06/30/22		8.250		1,153,043


	Medical Products (0.4%)
	1,188	ABB Concise Optical Group LLC, LIBOR 1M + 5.000%⁽¹⁰⁾	(B-, B2)		06/15/23		7.519		1,150,728


	Personal & Household Products (2.6%)
	1,990	ABG Intermediate Holdings 2 LLC, LIBOR 1M + 7.750%⁽¹⁰⁾	(CCC+, Caa1)		09/29/25		10.249		1,962,638
	492	Comfort Holding LLC, LIBOR 1M + 4.750%⁽¹⁰⁾	(CCC+, Caa1)		02/05/24		7.249		465,190
	2,450	Comfort Holding LLC, LIBOR 1M + 10.000%^(7),(10)	(CCC-, Caa3)		02/03/25		12.499		2,315,250
	2,000	Serta Simmons Bedding LLC, LIBOR 1M + 8.000%⁽¹⁰⁾	(CCC, Caa2)		11/08/24		10.514		1,439,000
	494	TricorBraun Holdings, Inc., LIBOR 3M + 3.750%⁽¹⁰⁾	(B-, B2)		11/30/23		6.551		489,017

									6,671,095


	Recreation & Travel (0.2%)
	53	Bulldog Purchaser, Inc.^{(8),(10),(11),(12)}	(CCC+, Caa2)		09/04/26		3.880		51,579
	347	Bulldog Purchaser, Inc., LIBOR 1M + 7.750%^(8),(10)	(CCC+, Caa2)		09/04/26		10.249		340,421

									392,000


	Software - Services (2.0%)
	1,309	Almonde, Inc., LIBOR 3M + 7.250%⁽¹⁰⁾	(CCC, Caa2)		06/13/25		10.053		1,241,293


Par (000)			Ratings† (S&P/Moody’s)	Maturity		Rate%		Value

	BANK LOANS (continued)
	Software - Services
$	1,704	Flexera Software LLC, LIBOR 1M + 7.250%⁽¹⁰⁾	(CCC+, Caa1)		02/26/26		9.750	$	1,689,850
	652	LDiscovery LLC, LIBOR 3M + 5.875%^(7),(10)	(B-, B3)		12/09/22		8.490		579,628
	1,750	TigerLuxOne Sarl, LIBOR 3M + 8.250%^(8),(10)	(CCC+, Caa1)		02/16/25		11.053		1,752,187

									5,262,958


	Specialty Retail (1.1%)
	2,000	Boing U.S. Holdco, Inc., LIBOR 3M + 7.500%^(8),(10)	(CCC+, Caa1)		10/03/25		10.089		1,960,000
	1,000	Sally Holdings LLC	(BB+, Ba1)		07/05/24		4.500		948,750

									2,908,750


	Support - Services (0.8%)
	3,262	Sprint Industrial Holdings LLC, LIBOR 3M + 12.250%^(7),(8),(10)	(C, Caa3)		11/14/19		13.500		1,125,223
	1,000	USS Ultimate Holdings, Inc., LIBOR 1M + 7.750%⁽¹⁰⁾	(CCC+, Caa2)		08/25/25		10.249		970,000

									2,095,223


	Theaters & Entertainment (0.9%)
	2,158	Metro-Goldwyn-Mayer, Inc., LIBOR 1M + 4.500%⁽¹⁰⁾	(B-, B2)		07/03/26		7.000		2,088,312
	333	NEG Holdings LLC, LIBOR 3M + 8.000%^{(6),(7),(8),(10)}	(B-, B3)		10/17/22		10.803		298,110

									2,386,422

	TOTAL BANK LOANS (Cost $68,286,706)								61,497,394


	ASSET BACKED SECURITY (0.6%)
	Collateralized Debt Obligations (0.6%)
	1,500	Symphony Credit Opportunities Fund, Ltd., 2015-2A, Rule 144A, LIBOR 3M + 3.060%^(1),(10)(Cost $1,498,175)	(NR, Baa3)		07/15/28		5.847		1,496,293


Number of Shares

	COMMON STOCKS (2.5%)
	Auto Parts & Equipment (0.8%)
	109,693	UCI International, Inc.^{(6),(7),(8),(13)}							2,056,744


	Building & Construction (0.0%)
	10	White Forest Resources, Inc.^{(6),(7),(8),(13)}							37


	Building Materials (0.0%)
	619	Dayton Superior Corp.^{(6),(7),(8),(13)}							—


	Chemicals (0.0%)
	4,893	Huntsman Corp.⁽⁷⁾							107,499


	Energy - Exploration & Production (1.5%)
	777,123	Independence Contract Drilling, Inc.⁽¹³⁾							2,019,898
	111,570	PES Energy, Inc.⁽¹³⁾							446,280
	71,901	Talos Energy, Inc.⁽¹³⁾							1,373,309

									3,839,487


	Support - Services (0.2%)
	2,100	LTR Holdings LLC^{(6),(7),(8),(13)}							531,930
	865	Sprint Industrial Holdings LLC, Class G^{(6),(7),(8),(13)}							8
	78	Sprint Industrial Holdings LLC, Class H^{(6),(7),(8),(13)}							1
	192	Sprint Industrial Holdings LLC, Class I^{(6),(7),(8),(13)}							2

									531,941


	Theaters & Entertainment (0.0%)
	40	NEG Holdings LLC, Litigation Trust Units^{(6),(7),(8),(13)}							40

	TOTAL COMMON STOCKS (Cost $8,811,263)								6,535,748


	PREFERRED STOCK (0.0%)
	Building Materials (0.0%)
	688	Dayton Superior Corp.^{(6),(7),(8),(13)} (Cost $250,835)							—


	SHORT-TERM INVESTMENT (7.5%)
	19,565,655	State Street Navigator Securities Lending Government Money Market Portfolio, 2.46%⁽¹⁴⁾ (Cost $19,565,655)							19,565,655


	Value

TOTAL INVESTMENTS AT VALUE (148.0%) (Cost $402,223,950)	$	385,196,014

LIABILITIES IN EXCESS OF OTHER ASSETS (-48.0%)		(124,847,133	)


NET ASSETS (100.0%)	$	260,348,881

†	Credit ratings given by the S&P Global Ratings Division of S&P Global Inc. (“S&P”) and Moody’s Investors Service, Inc. (“Moody’s”) are unaudited.

⁽¹⁾

Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At January 31, 2019, these securities amounted to a value of $234,023,509 or 89.9% of net assets.

⁽²⁾	Security or portion thereof is out on loan.

⁽³⁾	This security is denominated in British Pound.

⁽⁴⁾	PIK: Payment-in-kind security for which part of the income earned may be paid as additional principal.

⁽⁵⁾	Bond is currently in default.

⁽⁶⁾	Not readily marketable security; security is valued at fair value as determined in good faith by, or under the direction of, the Board of Trustees.

⁽⁷⁾	Illiquid security (unaudited).

⁽⁸⁾	Security is valued using significant unobservable inputs.

⁽⁹⁾	This security is denominated in Euro.

⁽¹⁰⁾	Variable rate obligation — The interest rate shown is the rate in effect as of January 31, 2019.

⁽¹¹⁾	Unfunded loan commitment.

⁽¹²⁾

The rates on certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description above. The interest rate shown is the rate in effect as of January 31, 2019.

⁽¹³⁾	Non-income producing security.

⁽¹⁴⁾	Represents security purchased with cash collateral received for securities on loan. The rate shown is the annualized one-day yield at January 31, 2019.

INVESTMENT ABBREVIATIONS

1M = 1 Month

3M = 3 Month

6M = 6 Month

EURIBOR = Euro Interbank Offered Rate

LIBOR = London Interbank Offered Rate

NR = Not Rated

Sarl - société à responsabilité limitée

Forward Foreign Currency Contracts


Forward Currency to be Purchased (Local)		Forward Currency to be Sold (Local)		Expiration Date	Counterparty	Value on Settlement Date			Current Value/Notional			Net Unrealized Appreciation (Depreciation)
EUR	994,940	USD	1,170,209	10/11/19	Morgan Stanley	$	1,170,209		$	1,166,064		$	(4,145	)
GBP	1,052,529	USD	1,390,288	10/11/19	Morgan Stanley		1,390,288			1,401,388			11,100
USD	6,153,435	EUR	5,185,499	10/11/19	Morgan Stanley		(6,153,435	)		(6,077,374	)		76,061
USD	2,951,852	GBP	2,197,254	10/11/19	Morgan Stanley		(2,951,852	)		(2,925,527	)		26,325


												$	109,341

Currency Abbreviations:

EUR = Euro

GBP = British Pound

USD = United States Dollar

SECURITY VALUATION — The Board of Trustees (the “Board”) is responsible for the Fund’s valuation process. The Board has delegated the supervision of the daily valuation process to Credit Suisse Asset Management, LLC, the Fund’s investment adviser (“Credit Suisse” or the “Adviser”) who has established a Pricing Committee which, pursuant to the policies adopted by the Board, is responsible for making fair valuation determinations and overseeing the Fund’s pricing policies. The net asset value of the Fund is determined daily as of the close of regular trading on the New York Stock Exchange, Inc. (the “Exchange”) on each day the Exchange is open for business. The valuations for fixed income securities (which may include, but are not limited to, corporate, government, municipal, mortgage-backed, collateralized mortgage obligations and asset-backed securities) and certain derivative instruments are typically the prices supplied by independent third party pricing services, which may use market prices or broker/dealer quotations or a variety of valuation techniques and methodologies. The independent third party pricing services use inputs that are observable such as issuer details, interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates and quoted prices for similar securities. These pricing services generally price fixed income securities assuming orderly transactions of an institutional “round lot” size, but some trades occur in smaller “odd lot” sizes which may be effected at lower prices than institutional round lot trades. Structured note agreements are valued in accordance with a dealer-supplied valuation based on changes in the value of the underlying index. Futures contracts are valued daily at the settlement price established by the board of trade or exchange on which they are traded. Forward contracts are valued at the London closing spot rates and the London closing forward point rates on a daily basis. The currency forward contract pricing model derives the differential in point rates to the expiration date of the forward and calculates its present value. Equity securities for which market quotations are available are valued at the last reported sales price or official closing price on the primary market or exchange on which they trade. The Fund may utilize a service provided by an independent third party which has been approved by the Board to fair value certain securities. When fair value pricing is employed, the prices of securities used by the Fund to calculate its net asset value may differ from quoted or published prices for the same securities. If independent third party pricing services are unable to supply prices for a portfolio investment, or if the prices supplied are deemed by the investment adviser to be unreliable, the market price may be determined by the investment adviser using quotations from one or more brokers/dealers or at the transaction price if the security has recently been purchased and no value has yet been obtained from a pricing service or pricing broker. When reliable prices are not readily available, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded, but before the Fund calculates its net asset value, these securities will be fair valued in good faith by the Pricing Committee, in accordance with procedures adopted by the Board.

The Fund uses valuation techniques to measure fair value that are consistent with the market approach and/or income approach, depending on the type of security and the particular circumstance. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable securities. The income approach uses valuation techniques to discount estimated future cash flows to present value.

Generally accepted accounting principles in the United States of America (“GAAP”) established a disclosure hierarchy that categorizes the inputs to valuation techniques used to value assets and liabilities at each measurement date. These inputs are summarized in the three broad levels listed below:

Level 1–quoted prices in active markets for identical investments

Level 2–other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

Level 3–significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used as of January 31, 2019 in valuing the Fund’s assets and liabilities carried at fair value:


Assets	Level 1		Level 2		Level 3			Total
Investments in Securities
Corporate Bonds	$	—	$	294,598,837	$	1,502,087		$	296,100,924
Bank Loans		—		40,245,640		21,251,754			61,497,394
Asset Backed Security		—		1,496,293		—			1,496,293
Common Stocks		3,946,987		—		2,588,761	⁽¹⁾		6,535,748	⁽¹⁾
Preferred Stock		—		—		0	⁽¹⁾		0	⁽¹⁾
Short-term Investment		—		19,565,655		—			19,565,655

	$	3,946,987	$	355,906,425	$	25,342,602	⁽¹⁾	$	385,196,014	⁽¹⁾

Other Financial Instruments*
Forward Foreign Currency Contracts	$	—	$	113,486	$	—		$	113,486

Liabilities	Level 1		Level 2		Level 3			Total
Other Financial Instruments*
Forward Foreign Currency Contracts	$	—	$	4,145	$	—		$	4,145

⁽¹⁾	Includes zero valued securities.

*	Other financial instruments include unrealized appreciation (depreciation) on forward foreign currency contracts.

The following is a reconciliation of investments as of January 31, 2019 for which significant unobservable inputs were used in determining fair value. All transfers, if any, are assumed to occur at the end of the reporting period.


	Corporate Bonds			Bank Loans			Common Stocks			Preferred Stock			Total
Balance as of October 31, 2018	$	1,554,070	⁽¹⁾	$	15,532,190		$	3,450,657	⁽¹⁾	$	0	⁽¹⁾	$	20,536,917	⁽¹⁾
Accrued discounts (premiums)		4,107			220,577			—			—			224,684
Purchases		254,291			768,891			—			—			1,023,182
Sales		(266,817	)		(625	)		—			—			(267,442	)
Realized gain (loss)		8,192			(3	)		—			—			8,189
Change in unrealized appreciation (depreciation)		(51,756	)		(1,956,677	)		(415,616	)		—			(2,424,049	)
Transfers into Level 3		—			10,297,217			—			—			10,297,217
Transfers out of Level 3		—			(3,609,816	)		(446,280	)		—			(4,056,096	)

Balance as of January 31, 2019	$	1,502,087		$	21,251,754		$	2,588,761	⁽¹⁾	$	0	⁽¹⁾	$	25,342,602	⁽¹⁾


Net change in unrealized appreciation (depreciation) from investments still held as of January 31, 2019	$	(51,755	)	$	(1,650,551	)	$	(80,906	)	$	—		$	(1,783,212	)

⁽¹⁾	Includes zero valued securities.

Quantitative Disclosure About Significant Unobservable Inputs

Asset Class

Fair Value At
1/31/2019

Valuation
Techniques

Unobservable
Input

Range
(Weighted Average
per share)

Corporate Bonds

3,667

Income Approach

Expected Remaining Distribution

N/A

1,498,420

Vendor Pricing

Single Broker Quote

N/A

Bank Loans

298,110

Market Approach

Comparable Bond Price

N/A

20,953,644

Vendor Pricing

Single Broker Quote

$0.20 – $1.00 ($0.78)

Common Stocks

Market Approach/

Income Approach

Comparable Bond Price,
Discounted Cash Flows

N/A

532,006

Market Approach

Discount for Illiquidity and
EBITDA Multiples

$0.00 – $253.30 ($192.13)

2,056,744

Vendor Pricing

Single Broker Quote

N/A

Preferred Stock

Market Approach

Discount For Illiquidity

N/A

Each fair value determination is based on a consideration of relevant factors, including both observable and unobservable inputs. Observable and unobservable inputs that Credit Suisse considers may include (i) the existence of any contractual restrictions on the disposition of securities; (ii) information obtained from the company, which may include an analysis of the company’s financial statements, the company’s products or intended markets or the company’s technologies; (iii) the price of the same or similar security negotiated at arm’s length in an issuer’s completed subsequent round of financing; (iv) the price and extent of public trading in similar securities of the issuer or of comparable companies; or (v) a probability and time value adjusted analysis of contractual term. Where available and appropriate, multiple valuation methodologies are applied to confirm fair value. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, determining fair value requires more judgment. Because of the inherent uncertainty of valuation, those estimated values may be materially higher or lower than the values that would have been used had a ready market for the investments existed. Accordingly, the degree of judgment exercised by the Fund in determining fair value is greatest for investments categorized in Level 3. In some circumstances, the inputs used to measure fair value might be categorized within different levels of the fair value hierarchy. In those instances, the fair value measurement is categorized in its entirety in the fair value hierarchy based on the least observable input that is significant to the fair value measurement. Additionally, changes in the market environment and other events that may occur over the life of the investments may cause the gains or losses ultimately realized on these investments to be different from the valuations used at the date of these financial statements.

During the period ended January 31, 2019, there were no transfers between Level 1 and Level 2, but there was $446,280 transferred from Level 3 to Level 1 as a result of the availability of a pricing source supported by quoted prices in active markets, $3,609,816 transferred from Level 3 to Level 2 as a result of the availability of a pricing source supported by observable inputs and $10,297,217 transferred from Level 2 to Level 3 due to a lack of a pricing source supported by observable inputs. All transfers, if any, are assumed to occur at the end of the reporting period.

Other information regarding the Fund is available in the most recent Report to Shareholders. This information is also available on the Fund’s website at www.credit-suisse.com/us/funds, as well as on the website of the Securities and Exchange Commission at www.sec.gov.

Item 2: Controls and Procedures

(a) As of a date within 90 days from the filing date of this report, the principal executive officer and principal financial officer concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940 (the “Act”)), were effective based on their evaluation of the disclosure controls and procedures required by Rule 30a-3(b) under the Act and Rules 13a-15(b) or 15d-15(b) under the Securities and Exchange Act of 1934.

(b) There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Act) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 3: Exhibits

1. The certifications of the registrant as required by Rule 30a-2(a) under the Act are exhibits to this report.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

CREDIT SUISSE HIGH YIELD BOND FUND

/s/John G. Popp

Name: John G. Popp

Title: Chief Executive Officer and President

Date: March 28, 2019

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

/s/John G. Popp

Name: John G. Popp

Title: Chief Executive Officer and President

Date: March 28, 2019

/s/Laurie Pecha

Name: Laurie Pecha

Title: Chief Financial Officer and Treasurer

Date: March 28, 2019