Sit Investment Associates Inc. Increases Stake in Credit Suisse High Yield Credit Fund to 12.9%

On June 4, 2026, Sit Investment Associates, Inc. (SIA) and its subsidiary, Sit Fixed Income Advisors II, LLC (SFI), filed a Schedule 13G disclosing a significant increase in their holdings of Credit Suisse High Yield Credit Fund (DHY). The reporting persons now beneficially own 17,806,203 shares of common stock, representing a 12.9% ownership stake in the company. This marks a substantial rise from the previously reported 151,465 shares. The increase follows an event date of May 29, 2026, and accounts for the Issuer's rights offering completed on May 14, 2026. SIA and SFI provide investment management services to various client accounts and possess shared voting and dispositive power over these securities. The filing indicates that the shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. Both entities are registered investment advisers and have entered into a joint filing agreement for this disclosure.