Credit Suisse High Yield Bond Fund

Schedule of Investments

July 31, 2023 (unaudited)

 

Par
(000)
             

Ratings†
  (S&P/Moody’s)  

       Maturity            Rate%            Value    
                        
 

CORPORATE BONDS (95.9%)

 
 

Aerospace & Defense (0.6%)

 
$ 300       

Bombardier, Inc., Rule 144A, Senior Unsecured Notes (Callable 02/01/26 @ 103.75)(1),(2)

     (B, B2)        02/01/29          7.500        $ 297,492  
         1,055       

KBR, Inc., Rule 144A, Company Guaranteed Notes (Callable 09/30/23 @ 102.38)(1)

     (BB-, Ba3)        09/30/28          4.750          966,348  
                        

 

 

 
                               1,263,840  
                        

 

 

 
                        
 

Air Transportation (0.7%)

                   
  450       

VistaJet Malta Finance PLC/Vista Management Holding, Inc., Rule 144A, Senior Unsecured Notes (Callable 05/01/24 @ 103.94)(1),(2)

     (B-, B3)        05/01/27          7.875          417,797  
  1,200       

VistaJet Malta Finance PLC/Vista Management Holding, Inc., Rule 144A, Senior Unsecured Notes (Callable 02/01/25 @ 103.19)(1)

     (B-, B3)        02/01/30          6.375          1,017,258  
                        

 

 

 
                           1,435,055  
                        

 

 

 
                        
 

Auto Parts & Equipment (1.0%)

                   
  600       

Adient Global Holdings Ltd., Rule 144A, Senior Secured Notes
(Callable 04/15/25 @ 103.50)(1)

     (BB+, Ba3)        04/15/28          7.000          605,002  
  1,480       

Clarios Global LP/Clarios U.S. Finance Co., Rule 144A, Company Guaranteed Notes
(Callable 09/01/23 @ 102.13)(1)

     (B-, Caa1)        05/15/27          8.500          1,501,263  
                        

 

 

 
                           2,106,265  
                        

 

 

 
                        
 

Automakers (0.2%)

                   
  300       

Thor Industries, Inc., Rule 144A, Company Guaranteed Notes
(Callable 10/15/24 @ 102.00)(1)

     (BB-, B1)        10/15/29          4.000          258,083  
  198       

Winnebago Industries, Inc., Rule 144A, Senior Secured Notes
(Callable 08/31/23 @ 103.13)(1)

     (BB+, Ba3)        07/15/28          6.250          192,294  
                        

 

 

 
                           450,377  
                        

 

 

 
                        
 

Brokerage (1.2%)

                   
  2,520       

StoneX Group, Inc., Rule 144A, Senior Secured Notes (Callable 08/31/23 @ 102.16)(1)

     (BB-, Ba3)        06/15/25          8.625          2,550,329  
                        

 

 

 
                        
 

Building & Construction (2.5%)

                   
  2,010       

Adams Homes, Inc., Rule 144A, Company Guaranteed Notes
(Callable 08/16/23 @ 101.88)(1)

     (B+, B2)        02/15/25          7.500          1,982,848  
  1,000       

MasTec, Inc., Rule 144A, Senior Unsecured Notes (Callable 08/15/24 @ 103.31)(1)

     (BBB-, NR)        08/15/29          6.625          948,726  
  2,361       

Pike Corp., Rule 144A, Company Guaranteed Notes (Callable 09/01/23 @ 102.75)(1)

     (CCC+, B3)        09/01/28          5.500          2,127,202  
  525       

TopBuild Corp., Rule 144A, Company Guaranteed Notes (Callable 03/15/24 @ 101.81)(1)

     (BB+, Ba2)        03/15/29          3.625          460,922  
                        

 

 

 
                           5,519,698  
                        

 

 

 
                        
 

Building Materials (5.8%)

                   
  1,425       

Advanced Drainage Systems, Inc., Rule 144A, Company Guaranteed Notes
(Callable 07/15/25 @ 103.19)(1)

     (BB-, Ba2)        06/15/30          6.375          1,411,958  
  300       

Builders FirstSource, Inc., Rule 144A, Company Guaranteed Notes
(Callable 03/01/25 @ 102.50)(1)

     (BB-, Ba2)        03/01/30          5.000          280,800  
  1,500       

Builders FirstSource, Inc., Rule 144A, Company Guaranteed Notes
(Callable 06/15/27 @ 103.19)(1)

     (BB-, Ba2)        06/15/32          6.375          1,493,205  
  1,150       

Eco Material Technologies, Inc., Rule 144A, Senior Secured Notes
(Callable 01/31/24 @ 103.94)(1)

     (B, B2)        01/31/27          7.875          1,099,670  
  3,389       

Foundation Building Materials, Inc., Rule 144A, Company Guaranteed Notes
(Callable 03/01/24 @ 103.00)(1)

     (CCC+, Caa1)        03/01/29          6.000          2,939,950  
  1,000       

GYP Holdings III Corp., Rule 144A, Company Guaranteed Notes
(Callable 05/01/24 @ 102.31)(1)

     (B, B1)        05/01/29          4.625          894,305  
  2,797       

MIWD Holdco II LLC/MIWD Finance Corp., Rule 144A, Company Guaranteed Notes (Callable 02/01/25 @ 102.75)(1)

     (B, B3)        02/01/30          5.500          2,366,528  
  1,750       

Oscar AcquisitionCo LLC/Oscar Finance, Inc., Rule 144A, Senior Unsecured Notes
(Callable 04/15/25 @ 104.75)(1),(2)

     (CCC+, Caa1)        04/15/30          9.500          1,667,339  
  700       

Park River Holdings, Inc., Rule 144A, Senior Unsecured Notes
(Callable 08/01/24 @ 103.38)(1)

     (CCC, Caa1)        08/01/29          6.750          568,032  
                        

 

 

 
                           12,721,787  
                        

 

 

 

 

 

 

Credit Suisse High Yield Bond Fund

Schedule of Investments (continued)

July 31, 2023 (unaudited)

 

Par
(000)
             

Ratings†
  (S&P/Moody’s)  

       Maturity            Rate%            Value    
                        
 

CORPORATE BONDS (continued)

 
 

Cable & Satellite TV (3.9%)

 
$        1,200       

Altice Financing SA, Rule 144A, Senior Secured Notes (Callable 08/31/23 @ 102.50)(1)

     (B, B3)        01/15/28          5.000        $ 929,212  
  1,800       

CCO Holdings LLC/CCO Holdings Capital Corp., Rule 144A, Senior Unsecured Notes
(Callable 03/01/26 @ 103.69)(1)

     (BB-, B1)        03/01/31          7.375                 1,790,749  
  1,315       

CSC Holdings LLC, Global Senior Unsecured Notes

     (CCC+, Caa2)        06/01/24          5.250          1,227,603  
  525       

CSC Holdings LLC, Rule 144A, Company Guaranteed Notes
(Callable 08/31/23 @ 101.83)(1)

     (B, B2)        04/15/27          5.500          450,958  
  750       

CSC Holdings LLC, Rule 144A, Company Guaranteed Notes
(Callable 08/31/23 @ 102.69)(1)

     (B, B2)        02/01/28          5.375          627,168  
  900       

CSC Holdings LLC, Rule 144A, Company Guaranteed Notes
(Callable 11/15/26 @ 102.25)(1)

     (B, B2)        11/15/31          4.500          646,575  
  2,000       

Telenet Finance Luxembourg Notes Sarl, Rule 144A, Senior Secured Notes
(Callable 08/11/23 @ 102.75)(1)

     (BB-, Ba3)        03/01/28          5.500          1,842,700  
  1,200       

UPC Broadband Finco BV, Rule 144A, Senior Secured Notes
(Callable 07/15/26 @ 102.44)(1)

     (BB-, B1)        07/15/31          4.875          1,008,892  
                        

 

 

 
                           8,523,857  
                        

 

 

 
                        
 

Chemicals (4.9%)

                   
  300       

Avient Corp., Rule 144A, Senior Unsecured Notes (Callable 08/31/23 @ 101.44)(1)

     (BB-, Ba3)        05/15/25          5.750          296,065  
  715       

Avient Corp., Rule 144A, Senior Unsecured Notes (Callable 08/01/25 @ 103.56)(1)

     (BB-, Ba3)        08/01/30          7.125          721,428  
  950       

Herens Holdco Sarl, Rule 144A, Senior Secured Notes (Callable 05/15/24 @ 102.38)(1)

     (B-, B2)        05/15/28          4.750          723,986  
  1,200       

Herens Midco Sarl, Rule 144A, Company Guaranteed Notes
(Callable 05/15/24 @ 102.63)(1),(3)

     (CCC, Caa2)        05/15/29          5.250          716,053  
  1,950       

INEOS Finance PLC, Rule 144A, Senior Secured Notes
(Callable 02/15/25 @ 103.38)(1),(2)

     (BB, Ba2)        05/15/28          6.750          1,862,250  
  525       

Olympus Water U.S. Holding Corp., Rule 144A, Senior Unsecured Notes
(Callable 10/01/24 @ 103.13)(1),(2)

     (CCC+, Caa2)        10/01/29          6.250          387,521  
  2,100       

Polar U.S. Borrower LLC/Schenectady International Group, Inc., Rule 144A, Senior Unsecured Notes
(Callable 08/31/23 @ 103.38)(1)

     (CCC, Caa2)        05/15/26          6.750          1,226,389  
  1,200       

Tronox, Inc., Rule 144A, Company Guaranteed Notes (Callable 03/15/24 @ 102.31)(1)

     (BB-, B1)        03/15/29          4.625          996,958  
  3,335       

Vibrantz Technologies, Inc., Rule 144A, Senior Unsecured Notes
(Callable 02/15/25 @ 104.50)(1)

     (CCC+, Caa2)        02/15/30          9.000          2,722,294  
  1,100       

WR Grace Holdings LLC, Rule 144A, Senior Secured Notes
(Callable 03/01/26 @ 103.69)(1)

     (B, B1)        03/01/31          7.375          1,096,276  
                        

 

 

 
                           10,749,220  
                        

 

 

 
                        
 

Consumer/Commercial/Lease Financing (1.0%)

                   
  2,400       

Cargo Aircraft Management, Inc., Rule 144A, Company Guaranteed Notes
(Callable 08/16/23 @ 102.38)(1)

     (BB, Ba2)        02/01/28          4.750          2,136,930  
                        

 

 

 
                        
 

Diversified Capital Goods (0.8%)

                   
  2,025       

Atkore, Inc., Rule 144A, Senior Unsecured Notes (Callable 06/01/26 @ 102.13)(1)

     (BB, Ba2)        06/01/31          4.250          1,753,751  
                        

 

 

 
                        
 

Electronics (0.5%)

                   
  1,200       

Synaptics, Inc., Rule 144A, Company Guaranteed Notes
(Callable 06/15/24 @ 102.00)(1),(2)

     (B+, Ba3)        06/15/29          4.000          1,037,150  
                        

 

 

 
                        
 

Energy - Exploration & Production (2.6%)

                   
  650       

Civitas Resources, Inc., Rule 144A, Company Guaranteed Notes
(Callable 07/01/25 @ 104.19)(1)

     (BB-, B1)        07/01/28          8.375          669,377  
  650       

Civitas Resources, Inc., Rule 144A, Company Guaranteed Notes
(Callable 07/01/26 @ 104.38)(1)

     (BB-, B1)        07/01/31          8.750          673,562  
  62       

CNX Resources Corp., Rule 144A, Company Guaranteed Notes
(Callable 08/31/23 @ 103.63)(1)

     (BB, B1)        03/14/27          7.250          62,064  
  800       

CNX Resources Corp., Rule 144A, Company Guaranteed Notes
(Callable 01/15/24 @ 104.50)(1)

     (BB, B1)        01/15/29          6.000          748,881  
  2,515       

Northern Oil & Gas, Inc., Rule 144A, Senior Unsecured Notes
(Callable 03/01/24 @ 104.06)(1)

     (B+, B2)        03/01/28          8.125          2,498,539  
  1,080       

Rockcliff Energy II LLC, Rule 144A, Senior Unsecured Notes
(Callable 10/15/24 @ 102.75)(1)

     (B+, B3)        10/15/29          5.500          990,044  
                        

 

 

 
                           5,642,467  
                        

 

 

 

 

 

 

Credit Suisse High Yield Bond Fund

Schedule of Investments (continued)

July 31, 2023 (unaudited)

 

Par
(000)
             

Ratings†
  (S&P/Moody’s)  

       Maturity            Rate%            Value    
                        
 

CORPORATE BONDS (continued)

                   
 

Environmental (0.4%)

                   
$ 900       

Darling Ingredients, Inc., Rule 144A, Company Guaranteed Notes
(Callable 06/15/25 @ 103.00)(1)

     (BB+, Ba2)        06/15/30          6.000        $ 887,346  
                        

 

 

 
                        
 

Food - Wholesale (0.5%)

                   
         1,150       

U.S. Foods, Inc., Rule 144A, Company Guaranteed Notes
(Callable 06/01/25 @ 102.31)(1)

     (BB-, B2)        06/01/30          4.625              1,035,389  
                        

 

 

 
                        
 

Gaming (2.0%)

                   
  500       

Boyd Gaming Corp., Rule 144A, Company Guaranteed Notes
(Callable 06/15/26 @ 102.38)(1)

     (BB, B1)        06/15/31          4.750          447,838  
  1,200       

CDI Escrow Issuer, Inc., Rule 144A, Senior Unsecured Notes
(Callable 04/01/25 @ 102.88)(1)

     (B+, B1)        04/01/30          5.750          1,115,565  
  1,250       

Churchill Downs, Inc., Rule 144A, Company Guaranteed Notes
(Callable 05/01/26 @ 103.38)(1)

     (B+, B1)        05/01/31          6.750          1,223,313  
  332       

Churchill Downs, Inc., Rule 144A, Company Guaranteed Notes
(Callable 08/31/23 @ 102.38)(1)

     (B+, B1)        01/15/28          4.750          307,161  
  1,238       

Jacobs Entertainment, Inc., Rule 144A, Senior Unsecured Notes
(Callable 02/15/25 @ 103.38)(1)

     (B, B2)        02/15/29          6.750          1,126,648  
  300       

Jacobs Entertainment, Inc., Rule 144A, Senior Unsecured Notes
(Callable 02/15/25 @ 103.38)(1)

     (B, B2)        02/15/29          6.750          267,099  
                        

 

 

 
                           4,487,624  
                        

 

 

 
                        
 

Gas Distribution (5.2%)

                   
  1,500       

CNX Midstream Partners LP, Rule 144A, Company Guaranteed Notes
(Callable 04/15/25 @ 102.38)(1)

     (BB, B1)        04/15/30          4.750          1,302,064  
  1,125       

Genesis Energy LP/Genesis Energy Finance Corp., Company Guaranteed Notes
(Callable 08/31/23 @ 101.56)

     (B, B2)        05/15/26          6.250          1,074,383  
  429       

Genesis Energy LP/Genesis Energy Finance Corp., Global Company Guaranteed Notes
(Callable 04/15/26 @ 104.44)

     (B, B2)        04/15/30          8.875          428,411  
  1,800       

Hess Midstream Operations LP, Rule 144A, Company Guaranteed Notes
(Callable 08/31/23 @ 102.56)(1)

     (BB+, Ba2)        06/15/28          5.125          1,703,175  
  600       

Hess Midstream Operations LP, Rule 144A, Company Guaranteed Notes
(Callable 10/15/25 @ 102.75)(1)

     (BB+, Ba2)        10/15/30          5.500          563,444  
  600       

Holly Energy Partners LP/Holly Energy Finance Corp., Rule 144A, Company Guaranteed Notes (Callable 04/15/24 @ 103.19)(1)

     (BB+, Ba3)        04/15/27          6.375          596,719  
  300       

Matador Resources Co., Rule 144A, Company Guaranteed Notes
(Callable 04/15/25 @ 103.44)(1)

     (BB-, B1)        04/15/28          6.875          298,423  
  600       

New Fortress Energy, Inc., Rule 144A, Senior Secured Notes
(Callable 08/21/23 @ 103.38)(1)

     (BB, B1)        09/15/25          6.750          572,656  
  1,750       

New Fortress Energy, Inc., Rule 144A, Senior Secured Notes
(Callable 08/31/23 @ 103.25)(1)

     (BB, B1)        09/30/26          6.500          1,607,856  
  1,770       

Rockies Express Pipeline LLC, Rule 144A, Senior Unsecured Notes
(Callable 04/15/29 @ 100.00)(1)

     (BB+, Ba2)        07/15/29          4.950          1,625,196  
  915       

Rockies Express Pipeline LLC, Rule 144A, Senior Unsecured Notes
(Callable 02/15/30 @ 100.00)(1)

     (BB+, Ba2)        05/15/30          4.800          810,579  
  750       

Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp., Rule 144A, Company Guaranteed Notes
(Callable 08/31/23 @ 105.63)(1)

     (BB-, B1)        10/01/25          7.500          751,991  
                        

 

 

 
                           11,334,897  
                        

 

 

 
                        
 

Health Facility (0.5%)

                   
  1,200       

Option Care Health, Inc., Rule 144A, Company Guaranteed Notes
(Callable 10/31/24 @ 102.19)(1)

     (B-, B2)        10/31/29          4.375          1,068,108  
                        

 

 

 
                        
 

Health Services (1.8%)

                   
  1,560       

AMN Healthcare, Inc., Rule 144A, Company Guaranteed Notes
(Callable 04/15/24 @ 102.00)(1)

     (BB-, Ba3)        04/15/29          4.000          1,384,071  
  2,400       

AthenaHealth Group, Inc., Rule 144A, Senior Unsecured Notes
(Callable 02/15/25 @ 103.25)(1)

     (CCC, Caa2)        02/15/30          6.500          2,036,477  
  669       

Pediatrix Medical Group, Inc., Rule 144A, Company Guaranteed Notes
(Callable 02/15/25 @ 102.69)(1),(2)

     (BB-, Ba3)        02/15/30          5.375          604,377  
                        

 

 

 
                           4,024,925  
                        

 

 

 
                        
 

Insurance Brokerage (4.4%)

                   
  1,000       

Acrisure LLC/Acrisure Finance, Inc., Rule 144A, Senior Unsecured Notes
(Callable 08/31/23 @ 105.06)(1)

     (CCC+, Caa2)        08/01/26          10.125          1,024,630  
  893       

GTCR AP Finance, Inc., Rule 144A, Senior Unsecured Notes
(Callable 08/31/23 @ 102.00)(1)

     (CCC+, Caa2)        05/15/27          8.000          885,246  

 

 

 

Credit Suisse High Yield Bond Fund

Schedule of Investments (continued)

July 31, 2023 (unaudited)

 

Par
(000)
             

Ratings†
  (S&P/Moody’s)  

       Maturity            Rate%            Value    
                        
 

CORPORATE BONDS (continued)

                   
 

Insurance Brokerage (continued)

                   
$ 900       

Jones Deslauriers Insurance Management, Inc., Rule 144A, Senior Secured Notes
(Callable 03/15/26 @ 104.25)(1)

     (B-, B2)        03/15/30          8.500        $ 918,828  
         1,500       

Jones Deslauriers Insurance Management, Inc., Rule 144A, Senior Unsecured Notes
(Callable 12/15/25 @ 105.25)(1)

     (CCC, Caa2)        12/15/30          10.500              1,486,812  
  600       

NFP Corp., Rule 144A, Senior Secured Notes (Callable 10/01/25 @ 103.75)(1)

     (B, B1)        10/01/30          7.500          584,069  
  4,055       

NFP Corp., Rule 144A, Senior Unsecured Notes (Callable 08/31/23 @ 103.44)(1)

     (CCC+, Caa2)        08/15/28          6.875          3,594,568  
  1,200       

Ryan Specialty LLC, Rule 144A, Senior Secured Notes (Callable 02/01/25 @ 102.19)(1)

     (BB-, B1)        02/01/30          4.375          1,063,126  
                        

 

 

 
                           9,557,279  
                        

 

 

 
                        
 

Investments & Misc. Financial Services (3.0%)

                   
  2,850       

Armor Holdco, Inc., Rule 144A, Company Guaranteed Notes
(Callable 11/15/24 @ 104.25)(1)

     (CCC+, Caa1)        11/15/29          8.500          2,428,181  
  2,050       

Compass Group Diversified Holdings LLC, Rule 144A, Company Guaranteed Notes
(Callable 04/15/24 @ 102.63)(1)

     (B+, B1)        04/15/29          5.250          1,868,103  
  1,150       

Compass Group Diversified Holdings LLC, Rule 144A, Senior Unsecured Notes
(Callable 01/15/27 @ 102.50)(1)

     (B+, B1)        01/15/32          5.000          948,201  
  153       

Home Point Capital, Inc., Rule 144A, Company Guaranteed Notes
(Callable 08/31/23 @ 102.50)(1)

     (NR, Caa1)        02/01/26          5.000          142,939  
  900       

Paysafe Finance PLC/Paysafe Holdings U.S. Corp., Rule 144A, Senior Secured Notes
(Callable 06/15/24 @ 102.00)(1),(2)

     (B, B2)        06/15/29          4.000          733,364  
  600       

Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc., Rule 144A, Company Guaranteed Notes (Callable 08/31/23 @ 102.31)(1)

     (NR, Ba3)        11/01/26          4.625          566,040  
                        

 

 

 
                           6,686,828  
                        

 

 

 
                        
 

Machinery (4.3%)

                   
  2,150       

Arcosa, Inc., Rule 144A, Company Guaranteed Notes (Callable 04/15/24 @ 102.19)(1)

     (BB, Ba2)        04/15/29          4.375          1,937,332  
  1,595       

ATS Corp., Rule 144A, Company Guaranteed Notes (Callable 12/15/23 @ 102.06)(1)

     (BB-, B2)        12/15/28          4.125          1,428,178  
  2,100       

Dornoch Debt Merger Sub, Inc., Rule 144A, Senior Unsecured Notes
(Callable 10/15/24 @ 103.31)(1),(2)

     (CCC, Caa2)        10/15/29          6.625          1,803,198  
  2,435       

Enviri Corp., Rule 144A, Company Guaranteed Notes (Callable 08/31/23 @ 101.44)(1)

     (B, B3)        07/31/27          5.750          2,106,153  
  600       

Hillenbrand, Inc., Global Company Guaranteed Notes (Callable 08/11/23 @ 101.44)

     (BB+, Ba1)        06/15/25          5.750          594,374  
  600       

Interface, Inc., Rule 144A, Company Guaranteed Notes (Callable 12/01/23 @ 102.75)(1)

     (B+, B1)        12/01/28          5.500          503,994  
  500       

Regal Rexnord Corp., Rule 144A, Company Guaranteed Notes
(Callable 12/15/29 @ 100.00)(1)

     (BB+, Baa3)        02/15/30          6.300          498,715  
  500       

Regal Rexnord Corp., Rule 144A, Company Guaranteed Notes
(Callable 01/15/33 @ 100.00)(1)

     (BB+, Baa3)        04/15/33          6.400          498,669  
                        

 

 

 
                           9,370,613  
                        

 

 

 
                        
 

Managed Care (0.3%)

                   
  750       

HealthEquity, Inc., Rule 144A, Company Guaranteed Notes
(Callable 10/01/24 @ 102.25)(1)

     (B, B3)        10/01/29          4.500          672,627  
                        

 

 

 
                        
 

Media - Diversified (0.1%)

                   
  300       

News Corp., Rule 144A, Company Guaranteed Notes (Callable 02/15/27 @ 102.56)(1)

     (BB+, Ba1)        02/15/32          5.125          274,770  
                        

 

 

 
                        
 

Media Content (0.6%)

                   
  1,500       

Sirius XM Radio, Inc., Rule 144A, Company Guaranteed Notes
(Callable 07/01/24 @ 102.75)(1)

     (BB, Ba3)        07/01/29          5.500          1,366,089  
                        

 

 

 
                        
 

Metals & Mining - Excluding Steel (5.3%)

                   
  1,200       

Alcoa Nederland Holding BV, Rule 144A, Company Guaranteed Notes
(Callable 08/31/23 @ 102.75)(1)

     (BB+, Baa3)        12/15/27          5.500          1,165,192  
  375       

Canpack SA/Canpack U.S. LLC, Rule 144A, Company Guaranteed Notes
(Callable 11/15/24 @ 101.94)(1)

     (BB-, NR)        11/15/29          3.875          301,712  
  2,700       

ERO Copper Corp., Rule 144A, Company Guaranteed Notes
(Callable 02/15/25 @ 103.25)(1)

     (B, B1)        02/15/30          6.500          2,379,335  
  2,150       

First Quantum Minerals Ltd., Rule 144A, Company Guaranteed Notes
(Callable 08/11/23 @ 101.72)(1)

     (B+, NR)        03/01/26          6.875          2,122,985  

 

 

 

Credit Suisse High Yield Bond Fund

Schedule of Investments (continued)

July 31, 2023 (unaudited)

 

Par
(000)
             

Ratings†
  (S&P/Moody’s)  

       Maturity            Rate%            Value    
                        
 

CORPORATE BONDS (continued)

                   
 

Metals & Mining - Excluding Steel (continued)

                   
$ 600       

First Quantum Minerals Ltd., Rule 144A, Company Guaranteed Notes
(Callable 06/01/26 @ 104.31)(1)

     (B+, NR)        06/01/31          8.625        $ 615,000  
  600       

Kaiser Aluminum Corp., Rule 144A, Company Guaranteed Notes
(Callable 08/31/23 @ 102.31)(1)

     (BB-, B2)        03/01/28          4.625          539,346  
  900       

Kaiser Aluminum Corp., Rule 144A, Company Guaranteed Notes
(Callable 06/01/26 @ 102.25)(1)

     (BB-, B2)        06/01/31          4.500          738,000  
  182       

Novelis Corp., Rule 144A, Company Guaranteed Notes (Callable 01/30/25 @ 102.38)(1)

     (BB, Ba3)        01/30/30          4.750          163,734  
         1,692       

SunCoke Energy, Inc., Rule 144A, Senior Secured Notes (Callable 06/30/24 @ 102.44)(1)

     (BB, B1)        06/30/29          4.875          1,459,422  
  2,325       

Taseko Mines Ltd., Rule 144A, Senior Secured Notes (Callable 08/31/23 @ 103.50)(1)

     (B-, B3)        02/15/26          7.000          2,145,462  
                        

 

 

 
                             11,630,188  
                        

 

 

 
                        
 

Non - Electric Utilities (0.3%)

                   
  900       

Suburban Propane Partners LP/Suburban Energy Finance Corp., Rule 144A, Senior Unsecured Notes (Callable 06/01/26 @ 102.50)(1)

     (BB-, B1)        06/01/31          5.000          771,641  
                        

 

 

 
                        
 

Packaging (3.9%)

                   
  690       

Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC, Rule 144A, Senior Unsecured Notes
(Callable 05/15/24 @ 101.50)(1),(3)

     (B+, Caa1)        09/01/29          3.000          580,425  
  600       

Ball Corp., Global Company Guaranteed Notes (Callable 11/15/24 @ 103.44)

     (BB+, Ba1)        03/15/28          6.875          614,379  
  600       

Ball Corp., Global Company Guaranteed Notes (Callable 05/15/26 @ 103.00)

     (BB+, Ba1)        06/15/29          6.000          600,750  
  622       

Chart Industries, Inc., Rule 144A, Senior Secured Notes (Callable 01/01/26 @ 103.75)(1)

     (B+, Ba3)        01/01/30          7.500          635,930  
  600       

Intelligent Packaging Ltd. Finco, Inc./Intelligent Packaging Ltd. Co-Issuer LLC, Rule 144A, Senior Secured Notes
(Callable 08/31/23 @ 103.00)(1)

     (B-, B3)        09/15/28          6.000          532,458  
  750       

Mauser Packaging Solutions Holding Co., Rule 144A, Senior Secured Notes
(Callable 08/15/24 @ 103.94)(1)

     (B, B2)        08/15/26          7.875          746,428  
  600       

Owens-Brockway Glass Container, Inc., Rule 144A, Company Guaranteed Notes
(Callable 05/15/26 @ 103.63)(1)

     (B+, B2)        05/15/31          7.250          610,482  
  1,500       

Trident TPI Holdings, Inc., Rule 144A, Company Guaranteed Notes
(Callable 12/31/25 @ 106.38)(1)

     (CCC+, Caa2)        12/31/28          12.750          1,590,265  
  3,060       

TriMas Corp., Rule 144A, Company Guaranteed Notes (Callable 04/15/24 @ 102.06)(1)

     (BB-, Ba3)        04/15/29          4.125          2,712,839  
                        

 

 

 
                           8,623,956  
                        

 

 

 
                        
 

Personal & Household Products (0.9%)

                   
  2,000       

CB High Ridge, Rule 144A, Company Guaranteed Notes (1),(4),(5),(6),(7)

     (NR, NR)        03/15/25          0.000          25,000  
  2,400       

MajorDrive Holdings IV LLC, Rule 144A, Senior Unsecured Notes
(Callable 06/01/24 @ 103.19)(1)

     (CCC+, Caa2)        06/01/29          6.375          1,966,140  
                        

 

 

 
                           1,991,140  
                        

 

 

 
                        
 

Pharmaceuticals (0.9%)

                   
  1,064       

Emergent BioSolutions, Inc., Rule 144A, Company Guaranteed Notes
(Callable 08/31/23 @ 101.94)(1)

     (B, Caa2)        08/15/28          3.875          591,674  
  1,500       

Syneos Health, Inc., Rule 144A, Company Guaranteed Notes
(Callable 01/15/24 @ 101.81)(1)

     (BB-, B1)        01/15/29          3.625          1,486,364  
                        

 

 

 
                           2,078,038  
                        

 

 

 
                        
 

Real Estate Investment Trusts (1.5%)

                   
  2,206       

Global Net Lease, Inc./Global Net Lease Operating Partnership LP, Rule 144A, Company Guaranteed Notes
(Callable 09/15/27 @ 100.00)(1)

     (BBB-, WR)        12/15/27          3.750          1,761,199  
  600       

Starwood Property Trust, Inc., Rule 144A, Senior Unsecured Notes
(Callable 01/15/26 @ 100.00)(1)

     (BB-, Ba3)        07/15/26          3.625          532,899  
  1,200       

Starwood Property Trust, Inc., Rule 144A, Senior Unsecured Notes
(Callable 07/15/26 @ 100.00)(1)

     (BB-, Ba3)        01/15/27          4.375          1,066,230  
                        

 

 

 
                           3,360,328  
                        

 

 

 

 

 

 

Credit Suisse High Yield Bond Fund

Schedule of Investments (continued)

July 31, 2023 (unaudited)

 

Par
(000)
             

Ratings†
  (S&P/Moody’s)  

       Maturity            Rate%            Value    
                        
 

CORPORATE BONDS (continued)

                   
 

Recreation & Travel (4.8%)

                   
$ 2,400       

Boyne USA, Inc., Rule 144A, Senior Unsecured Notes (Callable 05/15/24 @ 102.38)(1)

     (B, B1)        05/15/29          4.750        $ 2,193,588  
         3,475       

SeaWorld Parks & Entertainment, Inc., Rule 144A, Company Guaranteed Notes
(Callable 08/15/24 @ 102.63)(1),(2)

     (B, B2)        08/15/29          5.250          3,130,628  
  450       

SeaWorld Parks & Entertainment, Inc., Rule 144A, Senior Secured Notes
(Callable 08/31/23 @ 102.19)(1)

     (BB, Ba2)        05/01/25          8.750          457,565  
  2,238       

Six Flags Entertainment Corp., Rule 144A, Company Guaranteed Notes
(Callable 05/15/26 @ 103.63)(1)

     (B, B3)        05/15/31          7.250          2,139,810  
  2,835       

Speedway Motorsports LLC/Speedway Funding II, Inc., Rule 144A, Senior Unsecured Notes (Callable 08/31/23 @ 102.44)(1)

     (BB, B2)        11/01/27          4.875          2,628,110  
                        

 

 

 
                             10,549,701  
                        

 

 

 
                        
 

Restaurants (0.2%)

                   
  376       

Yum! Brands, Inc., Global Senior Unsecured Notes (Callable 04/01/27 @ 102.69)

     (BB, Ba3)        04/01/32          5.375          356,242  
                        

 

 

 
                        
 

Software - Services (6.3%)

                   
  2,550       

Elastic NV, Rule 144A, Senior Unsecured Notes (Callable 07/15/24 @ 102.06)(1)

     (B+, B1)        07/15/29          4.125          2,214,697  
  2,675       

Newfold Digital Holdings Group, Inc., Rule 144A, Senior Unsecured Notes
(Callable 02/15/24 @ 103.00)(1)

     (CCC+, Caa2)        02/15/29          6.000          1,975,554  
  945       

Open Text Corp., Rule 144A, Company Guaranteed Notes
(Callable 12/01/24 @ 101.94)(1)

     (BB-, Ba3)        12/01/29          3.875          800,285  
  1,200       

Open Text Corp., Rule 144A, Senior Secured Notes (Callable 11/01/27 @ 100.00)(1)

     (BBB-, Ba1)        12/01/27          6.900          1,227,402  
  1,250       

Open Text Holdings, Inc., Rule 144A, Company Guaranteed Notes
(Callable 12/01/26 @ 102.06)(1)

     (BB-, Ba3)        12/01/31          4.125          1,037,397  
  2,962       

Presidio Holdings, Inc., Rule 144A, Company Guaranteed Notes
(Callable 08/31/23 @ 104.13)(1)

     (CCC+, Caa1)        02/01/28          8.250          2,876,006  
  4,060       

Virtusa Corp., Rule 144A, Senior Unsecured Notes (Callable 12/15/23 @ 103.56)(1)

     (CCC+, Caa1)        12/15/28          7.125          3,402,523  
  300       

ZoomInfo Technologies LLC/ZoomInfo Finance Corp., Rule 144A, Company Guaranteed Notes (Callable 02/01/24 @ 101.94)(1)

     (B+, B1)        02/01/29          3.875          258,142  
                        

 

 

 
                           13,792,006  
                        

 

 

 
                        
 

Specialty Retail (3.4%)

                   
  61       

Asbury Automotive Group, Inc., Global Company Guaranteed Notes
(Callable 08/11/23 @ 102.25)

     (BB, B1)        03/01/28          4.500          55,880  
  733       

Asbury Automotive Group, Inc., Global Company Guaranteed Notes
(Callable 03/01/25 @ 102.38)

     (BB, B1)        03/01/30          4.750          648,061  
  300       

Asbury Automotive Group, Inc., Rule 144A, Company Guaranteed Notes
(Callable 11/15/24 @ 102.31)(1)

     (BB, B1)        11/15/29          4.625          265,682  
  300       

Asbury Automotive Group, Inc., Rule 144A, Company Guaranteed Notes
(Callable 11/15/26 @ 102.50)(1)

     (BB, B1)        02/15/32          5.000          261,934  
  77       

Eagle Intermediate Global Holding BV/Eagle U.S. Finance LLC, Rule 144A, Senior Secured Notes (Callable 08/14/23 @ 101.88)(1),(4),(7)

     (NR, NR)        05/01/25          7.500          49,879  
  2,800       

Eagle Intermediate Global Holding BV/Eagle U.S. Finance LLC, Rule 144A, Senior Secured Notes (Callable 08/14/23 @ 101.88)(1)

     (NR, Caa3)        05/01/25          7.500          1,865,500  
  102       

Eagle Intermediate Global Holding BV/Ruyi U.S. Finance LLC (4),(7)

     (NR, NR)        05/01/25          0.000          54,008  
  900       

Group 1 Automotive, Inc., Rule 144A, Company Guaranteed Notes
(Callable 08/31/23 @ 102.00)(1)

     (BB+, Ba2)        08/15/28          4.000          797,865  
  600       

LCM Investments Holdings II LLC, Rule 144A, Senior Unsecured Notes (Callable 05/01/24 @ 102.44)(1)

     (B+, B2)        05/01/29          4.875          524,402  
  300       

LCM Investments Holdings II LLC, Rule 144A, Senior Unsecured Notes
(Callable 08/01/26 @ 104.13)(1)

     (B+, B2)        08/01/31          8.250          305,145  
  600       

Murphy Oil USA, Inc., Rule 144A, Company Guaranteed Notes
(Callable 02/15/26 @ 101.88)(1)

     (BB+, Ba2)        02/15/31          3.750          509,790  
  900       

Sonic Automotive, Inc., Rule 144A, Company Guaranteed Notes
(Callable 11/15/24 @ 102.31)(1)

     (BB-, B1)        11/15/29          4.625          772,638  
  1,725       

Sonic Automotive, Inc., Rule 144A, Company Guaranteed Notes
(Callable 11/15/26 @ 102.44)(1),(2)

     (BB-, B1)        11/15/31          4.875          1,435,259  
                        

 

 

 
                           7,546,043  
                        

 

 

 
                        
 

Steel Producers/Products (1.1%)

                   
  2,995       

TMS International Corp., Rule 144A, Senior Unsecured Notes
(Callable 04/15/24 @ 103.13)(1)

     (B, Caa1)        04/15/29          6.250          2,508,342  
                        

 

 

 

 

 

 

Credit Suisse High Yield Bond Fund

Schedule of Investments (continued)

July 31, 2023 (unaudited)

 

Par
(000)
             

Ratings†
  (S&P/Moody’s)  

       Maturity            Rate%            Value    
                        
 

CORPORATE BONDS (continued)

                   
 

Support - Services (8.6%)

                   
$ 1,821       

Allied Universal Holdco LLC/Allied Universal Finance Corp., Rule 144A, Senior Unsecured Notes
(Callable 08/31/23 @ 102.44)(1)

     (CCC+, Caa2)        07/15/27          9.750        $ 1,672,100  
  1,950       

Allied Universal Holdco LLC/Allied Universal Finance Corp., Rule 144A, Senior Unsecured Notes
(Callable 06/01/24 @ 103.00)(1),(2)

     (CCC+, Caa2)        06/01/29          6.000          1,489,745  
  602       

Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl, Rule 144A, Senior Secured Notes
(Callable 06/01/24 @ 102.31)(1)

     (B, B3)        06/01/28          4.625          511,131  
  600       

ASGN, Inc., Rule 144A, Company Guaranteed Notes (Callable 08/31/23 @ 102.31)(1)

     (BB-, Ba3)        05/15/28          4.625          550,728  
         3,600       

CoreLogic, Inc., Rule 144A, Senior Secured Notes (Callable 05/01/24 @ 102.25)(1)

     (B-, B2)        05/01/28          4.500          2,965,284  
  3,365       

GEMS MENASA Cayman Ltd./GEMS Education Delaware LLC, Rule 144A, Senior Secured Notes (Callable 09/01/23 @ 101.78)(1)

     (B, B2)        07/31/26          7.125          3,264,202  
  1,375       

H&E Equipment Services, Inc., Rule 144A, Company Guaranteed Notes
(Callable 12/15/23 @ 101.94)(1)

     (BB-, B1)        12/15/28          3.875          1,209,885  
  500       

TriNet Group, Inc., Rule 144A, Company Guaranteed Notes
(Callable 03/01/24 @ 101.75)(1)

     (BB, Ba2)        03/01/29          3.500          437,315  
  900       

United Rentals North America, Inc., Rule 144A, Senior Secured Notes
(Callable 12/15/25 @ 103.00)(1)

     (BBB-, Baa3)        12/15/29          6.000          899,907  
  750       

WESCO Distribution, Inc., Rule 144A, Company Guaranteed Notes
(Callable 08/31/23 @ 101.78)(1)

     (BB, Ba3)        06/15/25          7.125          759,297  
  750       

WESCO Distribution, Inc., Rule 144A, Company Guaranteed Notes
(Callable 08/31/23 @ 103.63)(1)

     (BB, Ba3)        06/15/28          7.250          765,341  
  1,821       

White Cap Buyer LLC, Rule 144A, Senior Unsecured Notes
(Callable 10/15/23 @ 103.44)(1)

     (CCC+, Caa1)        10/15/28          6.875          1,642,709  
  865       

Williams Scotsman International, Inc., Rule 144A, Senior Secured Notes
(Callable 08/31/23 @ 102.31)(1)

     (BB-, B2)        08/15/28          4.625          795,928  
  2,250       

ZipRecruiter, Inc., Rule 144A, Senior Unsecured Notes (Callable 01/15/25 @ 102.50)(1)

     (BB-, B2)        01/15/30          5.000          1,920,195  
                        

 

 

 
                             18,883,767  
                        

 

 

 
                        
 

Tech Hardware & Equipment (2.8%)

                   
  510       

CommScope Technologies LLC, Rule 144A, Company Guaranteed Notes
(Callable 08/11/23 @ 101.67)(1)

     (CCC+, Caa1)        03/15/27          5.000          340,760  
  2,000       

Entegris Escrow Corp., Rule 144A, Senior Secured Notes (Callable 01/15/29 @ 100.00)(1)

     (BB, Baa3)        04/15/29          4.750          1,867,698  
  2,400       

Imola Merger Corp., Rule 144A, Senior Secured Notes (Callable 05/15/24 @ 102.38)(1)

     (BB-, B1)        05/15/29          4.750          2,112,936  
  1,980       

Vertiv Group Corp., Rule 144A, Senior Secured Notes (Callable 11/15/24 @ 102.06)(1)

     (BB-, B1)        11/15/28          4.125          1,779,219  
                        

 

 

 
                           6,100,613  
                        

 

 

 
                        
 

Telecom - Wireline Integrated & Services (3.4%)

                   
  2,785       

Altice France SA, Rule 144A, Senior Secured Notes (Callable 09/15/23 @ 102.56)(1)

     (B-, B2)        01/15/29          5.125          1,943,851  
  300       

Altice France SA, Rule 144A, Senior Secured Notes (Callable 04/15/24 @ 102.56)(1)

     (B-, B2)        07/15/29          5.125          210,359  
  300       

Altice France SA, Rule 144A, Senior Secured Notes (Callable 10/15/24 @ 102.75)(1)

     (B-, B2)        10/15/29          5.500          213,380  
  405       

Ciena Corp., Rule 144A, Company Guaranteed Notes (Callable 01/31/25 @ 102.00)(1)

     (BB, Ba1)        01/31/30          4.000          354,780  
  1,800       

LCPR Senior Secured Financing DAC, Rule 144A, Senior Secured Notes
(Callable 08/31/23 @ 103.38)(1)

     (B+, B1)        10/15/27          6.750          1,685,323  
  300       

LCPR Senior Secured Financing DAC, Rule 144A, Senior Secured Notes
(Callable 07/15/24 @ 102.56)(1)

     (B+, B1)        07/15/29          5.125          248,409  
  600       

Level 3 Financing, Inc., Rule 144A, Company Guaranteed Notes
(Callable 08/31/23 @ 102.13)(1)

     (B, B1)        07/01/28          4.250          425,277  
  900       

Level 3 Financing, Inc., Rule 144A, Company Guaranteed Notes
(Callable 01/15/24 @ 101.81)(1)

     (B, B1)        01/15/29          3.625          594,692  
  1,000       

Virgin Media Secured Finance PLC, Rule 144A, Senior Secured Notes
(Callable 08/10/23 @ 101.25)(1),(8)

     (BB-, Ba3)        04/15/27          5.000          1,178,888  
  600       

Vmed O2 U.K. Financing I PLC, Rule 144A, Senior Secured Notes
(Callable 01/31/26 @ 102.13)(1)

     (BB-, Ba3)        01/31/31          4.250          497,296  
                        

 

 

 
                           7,352,255  
                        

 

 

 

 

 

 

Credit Suisse High Yield Bond Fund

Schedule of Investments (continued)

July 31, 2023 (unaudited)

 

Par
(000)
             

Ratings†
  (S&P/Moody’s)  

       Maturity            Rate%            Value    
                        
 

CORPORATE BONDS (continued)

                   
 

Theaters & Entertainment (2.1%)

                   
$        2,374       

AMC Entertainment Holdings, Inc.,10.00% Cash, 12.00% PIK, Rule 144A, Secured Notes
(Callable 08/11/23 @ 106.00)(1),(9)

     (CCC-, Caa3)        06/15/26          10.000        $ 1,638,806  
  2,200       

Live Nation Entertainment, Inc., Rule 144A, Company Guaranteed Notes
(Callable 08/31/23 @ 100.00)(1)

     (B+, B2)        11/01/24          4.875          2,169,020  
  400       

Live Nation Entertainment, Inc., Rule 144A, Company Guaranteed Notes
(Callable 08/31/23 @ 101.41)(1)

     (B+, B2)        03/15/26          5.625          390,075  
  500       

Live Nation Entertainment, Inc., Rule 144A, Company Guaranteed Notes
(Callable 08/31/23 @ 103.56)(1)

     (B+, B2)        10/15/27          4.750          464,710  
                        

 

 

 
                           4,662,611  
                        

 

 

 
                        
 

Transport Infrastructure/Services (1.6%)

                   
  2,100       

XPO Escrow Sub LLC, Rule 144A, Company Guaranteed Notes
(Callable 11/15/24 @ 103.75)(1)

     (BB+, Baa3)        11/15/27          7.500          2,172,880  
  300       

XPO, Inc., Rule 144A, Company Guaranteed Notes
(Callable 06/01/26 @ 103.56)(1)

     (BB-, Ba3)        06/01/31          7.125          303,842  
  955       

XPO, Inc., Rule 144A, Senior Secured Notes
(Callable 06/01/25 @ 103.13)(1)

     (BBB-, Ba1)        06/01/28          6.250          947,341  
                        

 

 

 
                           3,424,063  
                        

 

 

 
 

TOTAL CORPORATE BONDS (Cost $226,813,618)

                        210,288,155  
                        

 

 

 
                        
 

BANK LOANS (28.0%)

                   
 

Advertising (0.4%)

                   
  45       

MH Sub I LLC (1st Lien Term Loan), 1 mo. USD Term SOFR + 3.750%(10)

     (B, B1)        09/13/24          9.183          45,197  
  810       

MH Sub I LLC (Incremental Term Loan), 1 mo. USD Term SOFR + 3.750%(10)

     (B, B1)        09/13/24          9.183          811,175  
                        

 

 

 
                           856,372  
                        

 

 

 
                        
 

Aerospace & Defense (1.3%)

                   
  1,500       

Amentum Government Services Holdings LLC, 1 mo. USD Term SOFR + 8.750%(10)

     (NR, NR)        01/31/28          14.183          1,361,250  
  396       

Amentum Government Services Holdings LLC, 1 mo. USD Term SOFR + 4.000%(10)

     (B, B2)        02/15/29          9.222          384,120  
  1,214       

Peraton Corp., 3 mo. USD Term SOFR + 7.750%(10)

     (NR, NR)        02/01/29          12.979          1,186,583  
                        

 

 

 
                           2,931,953  
                        

 

 

 
                        
 

Auto Parts & Equipment (0.2%)

                   
  503       

Jason Group, Inc., 1 mo. USD LIBOR + 6.000%, 0.000% PIK(9),(10)

     (NR, WR)        08/28/25          11.433          429,664  
                        

 

 

 
                        
 

Building Materials (0.4%)

                   
  798       

Cornerstone Building Brands, Inc., 1 mo. USD Term SOFR + 5.625%(10)

     (B, B2)        08/01/28          10.847          784,254  
                        

 

 

 
                        
 

Chemicals (1.3%)

                   
  521       

Ascend Performance Materials Operations LLC, 3 mo. USD Term SOFR + 4.750%(10)

     (B+, Ba3)        08/27/26          9.715          505,376  
  1,080       

Luxembourg Investment Co. 428 Sarl, 3 mo. USD Term SOFR + 5.000%(10)

     (B-, B3)        01/03/29          10.392          800,890  
  841       

Polar U.S. Borrower LLC, 3 mo. USD Term SOFR + 4.750%(10)

     (CCC+, B3)        10/15/25          9.721 - 10.151          654,182  
  878       

Zep, Inc., 3 mo. USD LIBOR + 4.000%(10)

     (CCC+, B3)        08/12/24          9.538          787,766  
                        

 

 

 
                           2,748,214  
                        

 

 

 
                        
 

Diversified Capital Goods (1.0%)

                   
  895       

Dynacast International LLC, 3 mo. USD Term SOFR + 9.000%(10)

     (CCC, Caa2)        10/22/25          14.325          689,473  
  1,492       

Electrical Components International, Inc., U.S. (Fed) Prime Rate + 7.500%(4),(10)

     (B-, B2)        06/26/25          16.000          1,398,809  
                        

 

 

 
                           2,088,282  
                        

 

 

 
                        
 

Electronics (1.1%)

                   
  2,373       

Idemia Group, 3 mo. USD Term SOFR + 4.750%(10)

     (B, B2)        09/30/28          10.057          2,374,919  
                        

 

 

 
                        
 

Energy - Exploration & Production (0.0%)

                   
  2,704       

PES Holdings LLC, 3.000% PIK(6),(9),(10)

     (NR, WR)        12/31/24          3.000          54,071  
                        

 

 

 
                        

 

 

 

Credit Suisse High Yield Bond Fund

Schedule of Investments (continued)

July 31, 2023 (unaudited)

 

Par
(000)
             

Ratings†
  (S&P/Moody’s)  

       Maturity            Rate%            Value    
                        
 

BANK LOANS (continued)

                   
 

Food & Drug Retailers (0.6%)

                   
$        1,500       

WOOF Holdings, Inc., 3 mo. USD LIBOR + 7.250%(4),(10)

     (CCC, Caa2)        12/21/28          12.686        $     1,245,000  
                        

 

 

 
                        
 

Gas Distribution (1.2%)

                   
  1,066       

BCP Renaissance Parent LLC, 3 mo. USD Term SOFR + 3.500%(10)

     (B+, B2)        10/31/26          8.742          1,066,262  
  1,557       

Traverse Midstream Partners LLC, 3 mo. USD Term SOFR + 3.750%(10)

     (B+, B2)        02/16/28          9.216          1,553,094  
                        

 

 

 
                           2,619,356  
                        

 

 

 
                        
 

Health Facility (0.3%)

                   
  799       

Carestream Health, Inc., 3 mo. USD Term SOFR +
7.500%(10)

     (B-, Caa1)        09/30/27          12.842          602,422  
                        

 

 

 
                        
 

Health Services (0.8%)

                   
  1,230       

MedAssets Software Intermediate Holdings, Inc., 1 mo. USD Term SOFR + 6.750%(10)

     (CCC-, Caa3)        12/17/29          12.569          738,769  
  1,169       

U.S. Radiology Specialists, Inc., 1 mo. USD Term SOFR + 5.250%(10)

     (B-, B3)        12/15/27          10.669          1,121,956  
                        

 

 

 
                           1,860,725  
                        

 

 

 
                        
 

Hotels (0.6%)

                   
  1,351       

Aimbridge Acquisition Co., Inc., 1 mo. USD Term SOFR + 4.750%(10)

     (CCC+, B3)        02/02/26          10.170          1,319,894  
                        

 

 

 
 

Investments & Misc. Financial Services (1.5%)

                   
  2,329       

AqGen Ascensus, Inc., 3 mo. USD Term SOFR +
6.500%(10)

     (CCC, Caa2)        08/02/29          12.030          2,166,379  
  1,298       

Deerfield Dakota Holding LLC, 3 mo. USD LIBOR + 6.750%(10)

     (CCC, Caa2)        04/07/28          12.288          1,220,192  
  115       

Ditech Holding Corp.(4),(5),(6),(7)

     (NR, WR)        06/30/22          0.000          6,902  
                        

 

 

 
                           3,393,473  
                        

 

 

 
                        
 

Machinery (1.1%)

                   
  2,123       

LTI Holdings, Inc., 1 mo. USD Term SOFR +
6.750%(10),(11)

     (CCC+, Caa2)        09/06/26          12.183          1,868,177  
  577       

LTI Holdings, Inc., 1 mo. USD Term SOFR + 3.500%(10)

     (B-, B2)        09/06/25          8.933          557,611  
                        

 

 

 
                           2,425,788  
                        

 

 

 
                        
 

Media - Diversified (0.4%)

                   
  314       

Technicolor Creative Studios, 3 mo. EUR EURIBOR + 5.000%(3),(4),(10)

     (NR, NR)        06/05/30          8.476           
  149       

Technicolor Creative Studios, 6 mo. EUR EURIBOR + 0.500%(3),(10)

     (NR, NR)        07/31/26          15.335          162,112  
  139       

Technicolor Creative Studios, 6 mo. EUR EURIBOR + 0.500%(3),(10)

     (NR, NR)        07/31/26          4.472          151,661  
  776       

Technicolor Creative Studios, 3 mo. EUR EURIBOR + 0.500%(3),(4),(10)

     (NR, NR)        06/08/33          4.047          497,403  
                        

 

 

 
                           811,176  
                        

 

 

 
                        
 

Medical Products (1.4%)

                   
  937       

Femur Buyer, Inc., 3 mo. USD Term SOFR + 5.500%(4),(10)

     (CCC+, NR)        08/05/25          11.003          845,759  
  1,350       

Viant Medical Holdings, Inc., 1 mo. USD LIBOR + 7.750%(10),(11)

     (CCC-, Caa3)        07/02/26          13.183          1,217,538  
  975       

Viant Medical Holdings, Inc., 1 mo. USD LIBOR + 6.250%(4),(10)

     (CCC+, B3)        07/02/25          11.683          969,810  
                        

 

 

 
                           3,033,107  
                        

 

 

 
                        
 

Personal & Household Products (1.4%)

                   
  1,200       

ABG Intermediate Holdings 2 LLC, 1 mo. USD Term SOFR + 6.000%(10)

     (CCC+, Caa1)        12/20/29          11.419          1,178,250  
  1,988       

Serta Simmons Bedding LLC, 3 mo. USD Term SOFR + 7.500%(10)

     (NR, NR)        06/22/28          12.739          1,997,318  
                        

 

 

 
                           3,175,568  
                        

 

 

 
                        
 

Recreation & Travel (2.0%)

                   
  959       

Bulldog Purchaser, Inc., 1 mo. USD Term SOFR +
7.750%(10)

     (CCC-, Caa3)        09/04/26          13.169          773,793  
  1,807       

Bulldog Purchaser, Inc., 1 mo. USD Term SOFR +
3.750%(10)

     (B-, B3)        09/05/25          9.169          1,731,433  
  785       

Hornblower Sub LLC, 3 mo. USD LIBOR + 4.500%(10)

     (CCC-, Caa2)        04/27/25          10.481          406,723  
  1,082       

Hornblower Sub LLC, 3 mo. USD LIBOR + 8.125%(10)

     (NR, NR)        11/10/25          13.446          1,083,833  
  300       

Hornblower Sub LLC, 3 mo. USD LIBOR + 8.125%(10)

     (NR, NR)        11/20/25          13.446          300,376  
                        

 

 

 
                           4,296,158  
                        

 

 

 
                        
 

Restaurants (0.1%)

                   
  300       

Tacala LLC, 1 mo. USD Term SOFR + 7.500%(10)

     (CCC, Caa2)        02/04/28          12.933          286,749  
                        

 

 

 
                        
 

Software - Services (8.0%)

                   
  1,700       

Aston FinCo Sarl, 1 mo. USD Term SOFR + 4.250%(4),(10)

     (B-, B3)        10/09/26          9.569          1,487,881  
  893       

Astra Acquisition Corp., 1 mo. USD Term SOFR
+ 5.250%(10)

     (B-, B1)        10/25/28          10.683          675,708  
  900       

CommerceHub, Inc., 3 mo. USD Term SOFR + 7.000%(10)

     (CCC, Caa2)        12/29/28          12.217          705,601  
  1,810       

Epicor Software Corp., 1 mo. USD Term SOFR +
7.750%(10)

     (CCC, Caa2)        07/31/28          13.169          1,822,444  

 

 

 

Credit Suisse High Yield Bond Fund

Schedule of Investments (continued)

July 31, 2023 (unaudited)

 

Par
(000)
             

Ratings†
  (S&P/Moody’s)  

       Maturity            Rate%            Value    
                        
 

BANK LOANS (continued)

                   
 

Software - Services (continued)

                   
$ 678       

Finastra USA, Inc., 3 mo. USD LIBOR + 3.500%, 6 mo. USD LIBOR + 3.500%(10)

     (CCC+, B3)        06/13/24          9.038 - 9.231        $ 659,136  
         3,011       

Finastra USA, Inc., 6 mo. USD LIBOR + 7.250%(10)

     (CCC-, Caa3)        06/13/25          12.981          2,764,019  
  748       

Genuine Financial Holdings LLC, 1 mo. USD LIBOR + 3.750%(10)

     (B, B2)        07/11/25          9.183          747,987  
  2,885       

Hyland Software, Inc., 1 mo. USD Term SOFR + 3.500%(10)

     (B-, B2)        07/01/24          8.933          2,879,958  
  420       

Hyland Software, Inc., 1 mo. USD Term SOFR + 6.250%(10)

     (CCC, Caa2)        07/07/25          11.683          417,900  
  1,570       

Open Text Corp., 1 mo. USD Term SOFR +
3.500%(10)

     (BBB-, Ba1)        01/31/30          8.919          1,574,466  
  1,787       

Project Alpha Intermediate Holding, Inc., 1 mo. USD Term SOFR + 4.000%(10)

     (B-, B3)        04/26/24          9.319          1,788,136  
  1,487       

Quest Software U.S. Holdings, Inc., 3 mo. USD Term SOFR + 4.250%(10)

     (CCC+, B2)        02/01/29          9.769          1,215,769  
  200       

Redstone Holdco 2 LP, 1 mo. USD LIBOR + 7.750%(10)

     (CCC, Caa3)        04/27/29          13.180          126,571  
  833       

Redstone Holdco 2 LP, 1 mo. USD Term SOFR + 4.750%(10)

     (B-, B3)        04/27/28          10.162          642,484  
                        

 

 

 
                               17,508,060  
                        

 

 

 
                        
 

Support - Services (0.8%)

                   
  600       

LaserShip, Inc., 2 mo. USD Term SOFR +
7.500%(4),(10)

     (CCC-, Caa3)        05/07/29          13.131          471,000  
  1,193       

LaserShip, Inc., 2 mo. USD Term SOFR +
4.500%(10)

     (CCC+, B3)        05/07/28          10.131          1,027,320  
  600       

TruGreen Ltd. Partnership, 3 mo. USD LIBOR + 8.500%(10)

     (CCC, Caa3)        11/02/28          14.131          368,502  
                        

 

 

 
                           1,866,822  
                        

 

 

 
                        
 

Telecom - Wireline Integrated & Services (1.2%)

                   
  1,945       

Patagonia Holdco LLC, 3 mo. USD Term SOFR + 5.750%(10)

     (NR, B1)        08/01/29          10.789          1,681,046  
  1,125       

TVC Albany, Inc., 1 mo. USD Term SOFR +
7.500%(10),(11)

     (CCC, Caa2)        07/23/26          12.933          1,051,875  
                        

 

 

 
                           2,732,921  
                        

 

 

 
                        
 

Theaters & Entertainment (0.9%)

                   
  1,925       

William Morris Endeavor Entertainment LLC, 1 mo. USD Term SOFR + 2.750%(10)

     (B+, B3)        05/18/25          8.183          1,924,886  
                        

 

 

 
 

TOTAL BANK LOANS (Cost $67,073,700)

                      61,369,834  
                        

 

 

 
                        
 

ASSET BACKED SECURITIES (7.7%)

                   
 

Collateralized Debt Obligations (7.7%)

                   
  1,000       

Anchorage Capital CLO 15 Ltd., 2020-15A, Rule 144A, 3 mo. USD Term SOFR +
7.662% (1),(10)

     (NR, Ba3)        07/20/34          12.988          918,806  
  1,500       

Anchorage Capital CLO 25 Ltd., 2022-25A, Rule 144A, 3 mo. USD Term SOFR +
7.170% (1),(10)

     (NR, Ba3)        04/20/35          12.496          1,386,818  
  1,250       

Anchorage Credit Funding 4 Ltd., 2016-4A, Rule 144A (1)

     (NR, Ba3)        04/27/39          6.659          996,333  
  1,250       

Battalion CLO 18 Ltd., 2020-18A, Rule 144A, 3 mo. USD Term SOFR + 6.972% (1),(10)

     (BB-, NR)        10/15/36          12.280          1,065,008  
  1,250       

Benefit Street Partners CLO X Ltd., 2016-10A, Rule 144A, 3 mo. USD Term SOFR +
7.012% (1),(10)

     (BB-, NR)        04/20/34          12.338          1,157,734  
  1,500       

Cedar Funding VI CLO Ltd., 2016-6A, Rule 144A, 3 mo. USD Term SOFR +
6.982% (1),(10)

     (BB-, NR)        04/20/34          12.308          1,357,817  
  1,500       

CIFC Funding Ltd., 2017-1A, Rule 144A, 3 mo. USD Term SOFR + 3.762% (1),(10)

     (NR, Baa2)        04/23/29          9.095          1,519,546  
  1,500       

KKR CLO 14 Ltd., Rule 144A, 3 mo. USD Term SOFR + 6.412% (1),(10)

     (NR, B1)        07/15/31          11.720          1,364,689  
  1,500       

KKR CLO 16 Ltd., Rule 144A, 3 mo. USD Term SOFR + 7.372% (1),(10)

     (BB-, NR)        10/20/34          12.698          1,355,051  
  1,500       

Marble Point CLO XXIII Ltd., 2021-4A, Rule 144A, 3 mo. USD LIBOR + 5.750% (1),(10)

     (NR, Ba1)        01/22/35          11.357          1,373,729  
  600       

MP CLO III Ltd., 2013-1A, Rule 144A, 3 mo. USD Term SOFR + 3.312% (1),(10)

     (NR, Ba1)        10/20/30          8.638          530,341  
  1,000       

Oaktree CLO Ltd., 2019-4A, Rule 144A, 3 mo. USD Term SOFR + 7.492% (1),(10)

     (BB-, NR)        10/20/32          12.818          941,788  
  1,500       

Palmer Square Credit Funding Ltd., 2019-1A, Rule 144A (1)

     (NR, Baa2)        04/20/37          5.459          1,340,921  
  1,000       

Venture 41 CLO Ltd., 2021-41A, Rule 144A, 3 mo. USD Term SOFR + 7.972% (1),(10)

     (BB-, NR)        01/20/34          13.298          925,065  
  600       

Vibrant CLO VII Ltd., 2017-7A, Rule 144A, 3 mo. USD Term SOFR + 3.862% (1),(10)

     (NR, Baa3)        09/15/30          9.188          546,171  
                        

 

 

 
 

TOTAL ASSET BACKED SECURITIES (Cost $18,047,690)

                 16,779,817  
                        

 

 

 

 

 

 

Credit Suisse High Yield Bond Fund

Schedule of Investments (continued)

July 31, 2023 (unaudited)

 

Shares                                Value  
              
 

COMMON STOCKS (1.1%)

 
 

Auto Parts & Equipment (0.3%)

 
  56,742     

Jason, Inc.(5)

            $ 680,905  
              

 

 

 
              
 

Chemicals (0.5%)

 
  5,400     

Project Investor Holdings LLC(4),(5),(7),(11)

              54  
  89,998     

Proppants Holdings LLC(4),(5),(7),(11)

              1,800  
  15,074     

UTEX Industries, Inc.(5)

              974,790  
              

 

 

 
                 976,644  
              

 

 

 
              
 

Energy - Exploration & Production (0.0%)

 
  111,570     

PES Energy, Class A(4),(5),(7),(11)

              1,116  
              

 

 

 
              
 

Personal & Household Products (0.2%)

 
  32,039     

Serta Simmons Common(5)

              469,371  
              

 

 

 
              
 

Pharmaceuticals (0.0%)

 
  68,836     

Akorn, Inc.(4),(5)

              18,930  
              

 

 

 
              
 

Private Placement (0.1%)

 
  41,583     

Technicolor Creative Studios SA(5),(12)

              118,974  
              

 

 

 
              
 

Specialty Retail (0.0%)

 
  105     

Eagle Investments Holding Co. LLC, Class B(4),(5),(7)

              1  
              

 

 

 
              
 

Support - Services (0.0%)

 
  2,100     

LTR Holdings, Inc.(4),(5),(7),(11)

              3,111  
              

 

 

 
              
 

Theaters & Entertainment (0.0%)

 
  461,538     

Vantiva SA(3),(5)

              97,537  
              

 

 

 
              
 

TOTAL COMMON STOCKS (Cost $6,077,684)

              2,366,589  
              

 

 

 
              
 

WARRANTS (0.0%)

 
 

Chemicals (0.0%)

 
  22,499     

Project Investor Holdings LLC, expires 02/20/2022(4),(5),(7),(11)

               
              

 

 

 
              
 

Private Placement (0.0%)

 
  1,202,670     

Technicolor Creative Studios SA(5),(12)

              33,853  
              

 

 

 
              
 

TOTAL WARRANTS (Cost $11,700)

              33,853  
              

 

 

 
              
 

SHORT-TERM INVESTMENTS (7.2%)

 
  3,253,110     

State Street Institutional U.S. Government Money Market Fund - Premier Class, 5.26%

              3,253,110  
  12,562,330     

State Street Navigator Securities Lending Government Money Market Portfolio, 5.34%(13)

              12,562,330  
              

 

 

 
              
 

TOTAL SHORT-TERM INVESTMENTS (Cost $15,815,440)

              15,815,440  
              

 

 

 
              
 

TOTAL INVESTMENTS AT VALUE (139.9%) (Cost $333,839,832)

              306,653,688  
              
 

LIABILITIES IN EXCESS OF OTHER ASSETS (-39.9%)

              (87,406,498
              

 

 

 
              
 

NET ASSETS (100.0%)

            $   219,247,190  
              

 

 

 

 

 

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 July 31, 2023, these securities amounted to a value of $221,413,881 or 101.0% of net assets.

(2) 

Security or portion thereof is out on loan.

(3) 

This security is denominated in Euro.

(4) 

Security is valued using significant unobservable inputs.

(5) 

Non-income producing security.

(6) 

Bond is currently in default.

(7) 

Not readily marketable security; security is valued at fair value as determined in good faith by Credit Suisse Asset Management, LLC as the Fund’s valuation designee under the oversight of the Board of Trustees.

(8) 

This security is denominated in British Pound.

(9) 

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

(10) 

Variable rate obligation — The interest rate shown is the rate in effect as of July 31, 2023. The rate may be subject to a cap and floor.

(11) 

Illiquid security.

 

 

 

 

(12) 

Security is held through holdings of 100 shares of the CIG Special Purpose SPC - Credit Suisse High Yield Bond Fund Segregated Portfolio, an affiliated entity.

(13) 

Represents security purchased with cash collateral received for securities on loan.

Investment Abbreviations

1 mo. = 1 month

2 mo. = 2 month

3 mo. = 3 month

6 mo. = 6 month

EURIBOR = Euro Interbank Offered Rate

LIBOR = London Interbank Offered Rate

NR = Not Rated

Sarl = société à responsabilité limitée

SOFR = Secured Overnight Financing Rate

WR = Withdrawn Rating

Forward Foreign Currency Contracts

 

Forward
Currency to be
Purchased

    

Forward
Currency to be
Sold

    

    Expiration    
Date

  

Counterparty

   Value on
Settlement Date
     Current
Value/Notional
     Unrealized
Appreciation
 

EUR

    710,608     

USD

     755,626      10/11/23    Barclays Bank PLC    $ 755,626      $ 786,168      $ 30,542  

EUR

    606,440     

USD

     642,025      10/11/23    Deutsche Bank AG      642,025        670,923        28,898  

EUR

    109,046     

USD

     120,239      10/11/23    Deutsche Bank AG      120,239        120,641        402  

EUR

    60,385     

USD

     66,217      10/11/23    JPMorgan Chase      66,217        66,806        589  

EUR

    69,881     

USD

     77,255      10/11/23    JPMorgan Chase      77,255        77,311        56  

EUR

    768,633     

USD

     805,710      10/11/23    Morgan Stanley      805,710        850,363        44,653  

GBP

    25,000     

USD

     31,517      10/11/23    Barclays Bank PLC      31,517        32,174        657  

GBP

    50,783     

USD

     59,453      10/11/23    Deutsche Bank AG      59,453        65,356        5,903  

GBP

    6,553     

USD

     7,634      10/11/23    Morgan Stanley      7,634        8,434        800  
                      

 

 

 

Total Unrealized Appreciation

 

   $         112,500  
                      

 

 

 

Forward Foreign Currency Contracts

 

Forward
Currency to be
Purchased

    

Forward
Currency to be
Sold

    

Expiration
Date

  

Counterparty

   Value on
Settlement Date
    Current
Value/Notional
    Unrealized
Depreciation
 

USD

    4,353,530     

EUR

     4,288,402      10/11/23    Deutsche Bank AG    $ (4,353,530   $ (4,744,393   $ (390,863

USD

    66,853     

EUR

     60,542      10/11/23    JPMorgan Chase      (66,853     (66,979     (126

USD

    28,601     

GBP

     23,307      10/11/23    Barclays Bank PLC      (28,601     (29,995     (1,394

USD

    1,102,066     

GBP

     983,871      10/11/23    Deutsche Bank AG      (1,102,066     (1,266,187     (164,121
                    

 

 

 

Total Unrealized Depreciation

 

  $ (556,504
                    

 

 

 

Total Net Unrealized Appreciation/(Depreciation)

 

  $         (444,004
                    

 

 

 

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 and a Pricing Group, which, pursuant to the policies adopted by the Board, are 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. Investments in open-ended mutual funds are valued at the net asset value as reported on each business day and under normal circumstances. Securities for which market quotations are not readily available are valued at their fair value as determined in good faith by the Adviser, as the Board’s valuation designee (as defined in Rule 2a-5 under the 1940 Act), in accordance with the Adviser’s procedures. The Board oversees the Adviser in its role as valuation designee in accordance with the requirements of Rule 2a-5 under the 1940 Act. The Fund may utilize a service provided by an independent third party 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 Adviser to be unreliable, the market price may be determined by the 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 Group, in accordance with procedures established by the Adviser.

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 July 31, 2023 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

   $      $ 210,159,268      $ 128,887     $ 210,288,155  

Bank Loans

            54,447,270        6,922,564       61,369,834  

Asset Backed Securities

            16,779,817              16,779,817  

Common Stocks

     588,345        1,753,232        25,012       2,366,589  

Warrants

     33,853               0 1      33,853  

Short-term Investments

     15,815,440                     15,815,440  
  

 

 

    

 

 

    

 

 

   

 

 

 
   $ 16,437,638      $ 283,139,587      $ 7,076,463     $ 306,653,688  
  

 

 

    

 

 

    

 

 

   

 

 

 

Other Financial Instruments*

 

 

Forward Foreign Currency Contracts

   $      $ 112,500      $     $ 112,500  
          

Liabilities

                          

Other Financial Instruments*

 

 

Forward Foreign Currency Contracts

   $      $ 556,504      $     $ 556,504  

 

1 

Included a zero valued security.

*

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

The following is a reconciliation of investments as of July 31, 2023 for which significant unobservable inputs were used in determining fair value.

 

     Corporate
Bonds
    Bank
Loans
    Common
Stocks
    Warrants     Total  

Balance as of October 31, 2022

   $ 147,913     $ 8,741,291     $ 1,306,725     $ 0 (1)    $ 10,195,929  

Accrued discounts (premiums)

     (17,364     (46,739                 (64,103

Purchases

           556,640       384,771             941,411  

Sales

     (47,941     (2,942,519     (26,482           (3,016,942

Realized gain (loss)

     (206,350     (363,139     26,482             (543,007

Change in unrealized appreciation (depreciation)

     252,629       403,564       (29,719           626,474  

Transfers into Level 3

           2,732,882       18,930             2,751,812  

Transfers out of Level 3

           (2,159,416     (1,655,695           (3,815,111
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance as of July 31, 2023

   $ 128,887     $ 6,922,564     $ 25,012     $ 0 (1)    $ 7,076,463  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net change in unrealized appreciation (depreciation) from investments still held as of July 31, 2023

   $ (15,359   $ 107,303     $     $     —     $ 91,944  

 

(1) 

Includes zero valued securities.

Quantitative Disclosure About Significant Unobservable Inputs

 

Asset Class    

   Fair Value At
07/31/2023
    

Valuation
Technique

  

Unobservable
Input

  

Price Range
(Weighted Average)*

Corporate Bonds

   $ 103,887      Income Approach    Expected Remaining Distribution    $0.53 – $0.65 ($0.59)
     25,000      Vendor Pricing    Single Broker Quote    0.01 (N/A)

Bank Loans

     6,922,564      Vendor Pricing    Single Broker Quote    0.00 – 0.99 (0.88)

Common Stocks

     6,082      Income Approach    Expected Remaining Distribution    0.01 – 1.48 (0.77)
     18,930      Vendor Pricing    Single Broker Quote    0.28 (N/A)

Warrants

     0      Income Approach    Expected Remaining Distribution    0.00 (N/A)

 

*

Weighted by relative fair value

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 July 31, 2023, $2,751,812 was transferred from Level 2 to Level 3 due to a lack of a pricing source supported by observable inputs and $3,815,111 was transferred from Level 3 to Level 2 as a result of the availability 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.

 

 

 


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