Credit Suisse High Yield Credit Fund

Credit Suisse High Yield Credit Fund, formerly Credit Suisse High Yield Bond Fund (the Fund), is a diversified, closed-end management investment company. The Fund’s principal investment objective is to seek high current income. The Fund will also seek capital appreciation as a secondary objective, to the extent consistent with its objective of seeking high current income. The Fund invests primarily in bonds, debentures, notes, senior loans (sometimes referred to as bank loans), convertible bonds and preferred stocks. It invests in various sectors, including basic industry, technology and electronics, capital goods, leisure, financial services, energy, services, automotive, insurance and retail. The Fund’s investment adviser is UBS Asset Management (Americas) LLC.