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First Trust discloses 15.66% stake in Credit Suisse High Yield Fund (NYSE American: DHY)

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Credit Suisse High Yield Credit Fund common shares are reported as beneficially owned by First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation in Amendment No. 24 to Schedule 13G. They report beneficial ownership of 21,633,208 shares, representing 15.66% of the fund’s common share class as of June 30, 2026.

The shares are primarily held in unit investment trusts and other investment vehicles sponsored or advised by First Trust entities. The reporting persons have no power to vote these shares and only share dispositive power over 21,633,208 shares; voting is carried out by the unit investment trust trustee, generally in line with other shareholders. No single unit investment trust holds more than 3% of any registered investment company’s shares, and each reporting person disclaims beneficial ownership.

Positive

  • None.

Negative

  • None.
Beneficial ownership 21,633,208 shares Common shares of Credit Suisse High Yield Credit Fund beneficially owned as of June 30, 2026
Percent of class 15.66% Portion of DHY common share class reported as beneficially owned
Sole voting power 0 Number of DHY shares over which reporting persons have sole power to vote
Shared voting power 0 Number of DHY shares over which reporting persons have shared power to vote
Shared dispositive power 21,633,208 shares DHY shares over which reporting persons share power to dispose or direct disposition
beneficial ownership regulatory
"Each of First Trust Portfolios L.P., First Trust Advisors L.P. and The Charger Corporation disclaims beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
unit investment trusts financial
"First Trust Portfolios L.P. acts as sponsor of certain unit investment trusts which hold shares"
A unit investment trust (UIT) is a pooled investment that sells investors fixed “units” representing a pre-selected, unchanging bundle of stocks, bonds or other securities held for a set period. Think of it like buying a pre-packed grocery basket that won’t be rearranged — you know exactly what you own and roughly when it will end. UITs matter to investors because they offer predictable holdings and income patterns, lower active management, and clear tax and fee implications compared with regularly traded funds.
shared dispositive power regulatory
"Shared Dispositive Power 21,633,208.00"
Rule 13d-1(k)(1) regulatory
"jointly filed by The Charger Corporation, First Trust Portfolios L.P. and First Trust Advisors L.P. pursuant to Rule 13d-1(k)(1)"
Rule 12d1-4 regulatory
"Subject to the requirements of Rule 12d1-4 under the Investment Company Act of 1940"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What stake in DHY does First Trust report in this Schedule 13G/A?

First Trust entities report beneficial ownership of 21,633,208 DHY common shares, representing 15.66% of the outstanding class as of June 30, 2026, primarily held through unit investment trusts and other investment vehicles.

Who are the reporting persons for DHY in this amended Schedule 13G/A?

The reporting persons are First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation. The Charger Corporation is the general partner of both First Trust entities, which sponsor and supervise investment vehicles holding DHY shares.

Does First Trust have voting power over its DHY holdings?

The reporting persons state they have no sole or shared voting power over DHY shares. Voting is conducted by the trustee of the unit investment trusts, generally mirroring how shares are voted by other, non‑trust shareholders, subject to specified arrangements.

How are DHY shares held by First Trust investment vehicles structured?

DHY shares are held mainly in unit investment trusts sponsored by First Trust Portfolios L.P. and in other funds or accounts advised by First Trust Advisors L.P. No individual unit investment trust holds more than 3% of any registered investment company’s shares.

Do the reporting persons claim full beneficial ownership of DHY?

Each of First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation disclaims beneficial ownership of the DHY shares identified, even though they report them as beneficially owned for Schedule 13G purposes and have shared dispositive power over 21,633,208 shares.





22544F103

(CUSIP Number)
06/30/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



First Trust Portfolios L.P.
Signature:/s/ James M. Dykas
Name/Title:James M. Dykas, Chief Financial Officer
Date:07/14/2026
First Trust Advisors L.P.
Signature:/s/ James M. Dykas
Name/Title:James M. Dykas, Chief Financial Officer
Date:07/14/2026
The Charger Corporation
Signature:/s/ James M. Dykas
Name/Title:James M. Dykas, Chief Financial Officer and Treasurer
Date:07/14/2026
Exhibit Information

Please see Exhibit 99.1 for Joint Filing Agreement