N-CSR/A 1 a11-30384_5ncsra.htm N-CSR/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

*FORM N-CSR/A*

*CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES*

Investment Company Act file number
CREDIT SUISSE HIGH YIELD BOND FUND
(Exact name of registrant as specified in charter)
Eleven Madison Avenue, New York, New York	10010
(Address of principal executive offices)	(Zip code)
John G. Popp Credit Suisse High Yield Bond Fund Eleven Madison Avenue New York, New York 10010
(Name and address of agent for service)
Registrants telephone number, including area code:	(212) 325-2000
Date of fiscal year end:	October 31st
Date of reporting period:	November 1, 2010 to October 31, 2011

Explanatory Note:

The Registrant is filing this amendment to its Certified Shareholder Report on Form N-CSR for the period ended October 31, 2011, originally filed with the Securities and Exchange Commission on January 4, 2012 (Accession Number 0001104659-12-000250). The sole purpose of this amendment is to amend Item 1 Reports to Shareholders to file the Report of Independent Registered Public Accounting Firm with PricewaterhouseCoopers signature

Item 2 through 11 and Item 12(a)(1) to this Form N-CSR are incorporated by reference to the Form N-CSR filed on EDGAR on January 4, 2012 (Accession Number 0001104659-12-000250).

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*Item 1. Reports to Stockholders.*

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Document name: 11-30384-6.aa

Credit Suisse High Yield Bond Fund Eleven Madison Avenue New York, NY 10010

Trustees

Enrique R. Arzac

Chairman of the Board

Terry Fires Bovarnick

James Cattano

Lawrence J. Fox

Steven Rappaport

Officers

John Popp

Chief Executive Officer and President

Thomas J. Flannery

Chief Investment Officer

Emidio Morizio

Chief Compliance Officer

Roger Machlis

Chief Legal Officer

Michael A. Pignataro

Chief Financial Officer

Karen Regan

Senior Vice President and Secretary

Cecilia Chau

Treasurer

Investment Adviser

Credit Suisse Asset Management, LLC Eleven Madison Avenue New York, NY 10010

Administrator and Custodian

State Street Bank and Trust Co. One Lincoln Street Boston, MA 02111

Shareholder Servicing Agent

Computershare Trust Company, N.A. P.O. Box 43078 Providence, RI 02940-3078

Legal Counsel

Willkie Farr & Gallagher LLP 787 7th Avenue New York, NY 10019

Independent Registered Public Accounting Firm

PricewaterhouseCoopers LLP 125 High Street Boston, MA 02110

Credit Suisse High Yield Bond Fund

ANNUAL REPORT October 31, 2011

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Credit Suisse High Yield Bond Fund

Annual Investment Adviser's Report

October 31, 2011 (unaudited)

December 1, 2011

We are pleased to present this Annual Report which covers the activities of the Credit Suisse High Yield Bond Fund for the year ended October 31, 2011.

Dear Shareholder:

Performance Summary

11/1/10 10/31/11

Fund & Benchmark
Total Return (based on NAV) 1	6.84 %
Total Return (based on market value) 1	12.51 %
BofA Merrill Lynch US High Yield Master II Constrained Index 2	4.82 %

Market Review: Lowest default rates since 2008

The year ended October 31, 2011 was a volatile one for the high yield market. The BofA Merrill Lynch US High Yield Master II Constrained Index (the "Index"), the Fund's benchmark, registered a return of 4.82% for the period. Although there was optimism in the first half of the year, it was tempered by escalating concerns over systemic risks in Europe and the United States during the third quarter. As a result, high yield spreads widened to +836 basis points versus the Treasury market in September then tightened to end the year at +713 basis points. Yields ended the period at 8.24%.

From a quality point-of-view, CC-rated securities and C-rated underperformed, returning -3.5% and -17.0%, respectively. BB and B-rated securities posted the highest returns of 5.0% and 5.1%, respectively. On a sector basis, the top performers were software/services, food and drug retailers, and REITs. Conversely, electricity distribution/transportation, monoline insurance, and integrated energy were the biggest detractors from overall performance during the period.

High yield default rates have fallen to their lowest levels since early 2008 with the trailing 12-month issuer-weighted global default rate, as measured by Moody's, declining steadily from 3.8% in October 2010 to 1.9% in October 2011. This rate is well below the historical average of 4.45% and is forecasted to increase to 2.25% over the next 12 months. The percentage of U.S. high yield securities that are "distressed," defined as those trading at spreads of more than 1,000 basis points over Treasuries, fell to a low of 5.0% through May 2011, before rising again to finish October 2011 at 16.1% up from 10.5% year over year.

High yield issue volume for the period, according to JP Morgan, was more than $274 billion generally in line with last year's figure of nearly $284 billion. New issue activity was greatest during the second quarter of 2011, with over $92 billion in new issues. There was a considerable decrease in activity in the third quarter as issuance dropped to less than $26 billion. And according to Lipper, high-yield mutual funds saw eight months of positive flows during the year for a total net inflow of more than $9 billion it's worth noting that this figure includes a record monthly inflow of nearly $7 billion in October 2011.

Strategic Review and Outlook: Cautiously optimistic going forward

For the 12-month period ended October 31, 2011, the Fund outperformed the benchmark. An underweight to the banking and wireless sectors as well as superior credit selection in the gaming sector contributed positively to returns. Conversely, security selection in the restaurants and chemicals sectors hurt relative returns.

We believe recent dislocations in credit markets have presented opportunities for high yield portfolios to selectively purchase bonds at attractive yields. Our portfolio exposures remain defensive, with an emphasis on

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Credit Suisse High Yield Bond Fund

Annual Investment Adviser's Report (continued)

October 31, 2011 (unaudited)

senior secured bonds. In addition, we continue to maintain an overweight to B-rated bonds with the best risk-return profiles, while underweighting the most aggressive CC-rated components of the Index. The Fund has also focused on securities with less interest rate sensitivity and has maintained its exposure to shorter duration bonds. From a sector perspective, we have a positive view on energy, technology and media. We continue to remain cautious with respect to consumer-driven industries where asset quality is low.

The broad macroeconomic data, such as inconsistent U.S. economic trends and Eurozone concerns, cause us to remain cautious for the near-term. However, on a fundamental basis, high yield companies have focused on deleveraging and extending maturities since early 2009despite the volatility and negative sentiment that has dominated the landscape. These improved fundamentals continue to support the expectations that defaults will be lower than historical averages for 2012 and 2013.

Thomas J. Flannery Chief Investment Officer John Popp Chief Executive Officer and President*

High yield bonds are lower-quality bonds that are also known as "junk bonds." Such bonds entail greater risks than those found in higher-rated securities.

In addition to historical information, this report contains forward-looking statements, which may concern, among other things, domestic and foreign market, industry and economic trends and developments and government regulation and their potential impact on the Fund's investments. These statements are subject to risks and uncertainties and actual trends, developments and regulations in the future, and their impact on the Fund could be materially different from those projected, anticipated or implied. The Fund has no obligation to update or revise forward-looking statements.

The views of the Fund's management are as of the date of the letter and the Fund holdings described in this document are as of October 31, 2011; these views and Fund holdings may have changed subsequent to these dates. Nothing in this document is a recommendation to purchase or sell securities.

1 Assuming reinvestment of dividends of $0.32 per share.

2 The BofA Merrill Lynch US High Yield Master II Constrained Index is an unmanaged index that tracks the performance of below investment-grade U.S. dollar-denominated corporate bonds issued in the U.S. domestic market, where each issuer's allocation is limited to 2% of the index. An index does not have transaction costs; investors cannot invest directly in an index.

Thomas J. Flannery is a Managing Director of Credit Suisse Asset Management, LLC ("Credit Suisse") and Head of the Credit Suisse US High Yield Management Team. Mr. Flannery joined Credit Suisse in June 2010. He is a portfolio manager for the Performing Credit Strategies Group ("PCS") within the Asset Management business of Credit Suisse Group AG with responsibility for originating and analyzing investment opportunities. Mr. Flannery is also a member of the PCS Investment Committee and is currently a high yield bond portfolio manager and trader for PCS. Mr. Flannery joined Credit Suisse Group AG in 2000 from First Dominion Capital, LLC where he was an Associate. Mr. Flannery began his career with Houlihan Lokey Howard & Zukin, Inc.

** John Popp is a Managing Director of Credit Suisse. He is the Group Manager and Senior Portfolio Manager for Performing Credit Strategies. Mr. Popp has been associated with Credit Suisse since 1997.

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Credit Suisse High Yield Bond Fund

Annual Investment Adviser's Report (continued)

October 31, 2011 (unaudited)

Credit Quality Breakdown*

(% of total investments as of 10/31/11)

S&P Ratings

BBB	1.5
BB	23.7
B	58.1
CCC	11.2
CC	0.1
D	1.1
NR	2.5
Subtotal	98.2
Equity and Other	1.8
Total	100.0 %

Expressed as a percentage of total investments (excluding securities lending collateral if applicable) and may vary over time.

Average Annual Returns

October 31, 2011 (unaudited)

Net Asset Value (NAV)	6.84 %	25.69 %	4.23 %	8.75 %
Market Value	12.51 %	30.70 %	4.26 %	8.24 %

Credit Suisse currently waives fees and/or reimburses expenses, without which performance would be lower. Waivers and/or reimbursements are subject to change and may be discontinued at any time. Returns represent past performance. Total investment return at net asset value is based on changes in the net asset value of fund shares and assumes reinvestment of dividends and distributions, if any. Total investment return at market value is based on changes in the market price at which the fund's shares traded on the stock exchange during the period and assumes reinvestment of dividends and distributions, if any, at actual prices pursuant to the fund's dividend reinvestment program. Because the fund's shares trade in the stock market based on investor demand, the fund may trade at a price higher or lower than its NAV. Therefore, returns are calculated based on share price and NAV. Past performance is no guarantee of future results. The current performance of the fund may be lower or higher than the figures shown. The fund's yield, return and market price and NAV will fluctuate. Performance information current to the most recent month-end is available by calling 1-800-293-1232.

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Credit Suisse High Yield Bond Fund

Schedule of Investments

October 31, 2011

Par (000)		Ratings† (S&P/Moody's)	Maturity		Value
CORPORATE BONDS (126.5%)
Aerospace & Defense (0.5%)
$ 1,000	Ducommun, Inc., Rule 144A, Senior Notes (Callable 07/15/15 @ $104.88) ‡	(B-, B3)	07/15/18	9.750	$ 1,035,000
Auto Parts & Equipment (6.2%)
1,000	Affinia Group, Inc., Global Company Guaranteed Notes (Callable11/30/11 @ $101.50)	(CCC+, B3)	11/30/14	9.000	992,500
280	American Axle & Manufacturing Holdings, Inc., Rule 144A, Senior Secured Notes (Callable 01/15/14 @ $104.63) ‡§	(BB+, Ba1)	01/15/17	9.250	306,600
750	American Axle & Manufacturing, Inc., Company Guaranteed Notes (Callable 03/01/12 @ $103.94) §	(B, B2)	03/01/17	7.875	763,125
1,200	American Tire Distributors, Inc., Global Senior Secured Notes (Callable 06/01/13 @ $107.31)	(B-, B2)	06/01/17	9.750	1,215,000
750	Lear Corp., Company Guaranteed Notes (Callable 03/15/15 @ 104.06)	(BB, Ba2)	03/15/20	8.125	825,000
2,150	Mark IV USA SCA, Rule 144A, Senior Secured Notes (Callable 12/15/13 @ $106.66) ‡	(BB-, Ba3)	12/15/17	8.875	3,028,807
850	Meritor, Inc., Company Guaranteed Notes (Callable 03/15/14 @ $105.31)	(CCC+, B3)	03/15/18	10.625	881,875
1,950	Stanadyne Corp., Series 1, Global Senior Subordinated Notes (Callable 08/15/12 @ $100.00)	(CCC, Caa1)	08/15/14	10.000	1,857,375
2,100	Stoneridge, Inc., Rule 144A, Senior Secured Notes (Callable 10/15/14 @ $104.75) ‡	(BB-, B3)	10/15/17	9.500	2,168,250
1,175	UCI International, Inc., Global Company Guaranteed Notes (Callable 02/15/15 @ 104.31)	(CCC+, B3)	02/15/19	8.625	1,163,250
					13,201,782
Building & Construction (1.3%)
741	Ashton Woods Finance Co., Rule 144A, Company Guaranteed Notes (Callable 02/24/14 @ $105.50) *+‡	(NR, NR)	06/30/15	0.000	529,815
600	K Hovnanian Enterprises, Inc., Global Company Guaranteed Notes	(CC, Caa3)	01/15/16	6.250	243,000
1,900	Tutor Perini Corp., Global Company Guaranteed Notes (Callable 11/01/14 @ 103.81)	(BB-, Ba3)	11/01/18	7.625	1,781,250
1,000	William Lyon Homes, Inc., Company Guaranteed Notes ø§	(D, C)	04/01/13	10.750	185,000
					2,739,065
Building Materials (4.0%)
600	Associated Materials LLC, Global Senior Secured Notes (Callable 11/01/13 @ $106.84) §	(B, B3)	11/01/17	9.125	549,000
1,300	Euramax International, Inc., Rule 144A, Senior Secured Notes (Callable 04/01/13 @ $107.13) ‡	(B-, Caa1)	04/01/16	9.500	1,111,500
1,750	Headwaters, Inc., Global Secured Notes (Callable 04/01/15 @ 103.81)	(B+, B2)	04/01/19	7.625	1,531,250
3,000	International Wire Group, Inc., Rule 144A, Senior Secured Notes (Callable 10/15/12 @ $104.88) ‡	(B, B3)	04/15/15	9.750	3,075,000
1,000	USG Corp., Rule 144A, Company Guaranteed Notes (Callable 10/15/14 @ $104.19) ‡	(BB-, B2)	10/15/18	8.375	900,000
1,000	Xefin Lux SCA, Rule 144A, Senior Secured Notes (Callable 06/01/14 @ $106.00) ‡	(B+, Ba3)	06/01/18	8.000	1,316,342
					8,483,092
Chemicals (7.7%)
1,900	Ferro Corp., Senior Unsecured Notes (Callable 08/15/14 @ $103.94)	(B+, B1)	08/15/18	7.875	1,928,500
500	Hexion Nova Scotia Finance ULC, Secured Notes (Callable 11/15/15 @ $104.50)	(CCC+, NR)	11/15/20	9.000	438,750
400	Ineos Finance PLC, Rule 144A, Senior Secured Notes (Callable 05/15/13 @ $104.50) ‡	(B, Ba3)	05/15/15	9.000	413,000
1,675	Ineos Group Holdings PLC, Rule 144A, Company Guaranteed Notes (Callable 02/15/12 @ $102.83) ‡	(CCC, Caa1)	02/15/16	8.500	1,423,750
1,000	JM Huber Corp., Rule 144A, Senior Unsecured Notes (Callable 11/01/15 @ $104.94) ‡	(BB-, B2)	11/01/19	9.875	1,020,000
682	Momentive Performance Materials, Inc., Global Company Guaranteed Notes (Callable 12/15/11 @ $106.25)	(CCC, B2)	06/15/14	12.500	726,330
2,000	Momentive Performance Materials, Inc., Global Secured Notes (Callable 01/15/16 @ 104.50)	(CCC, Caa1)	01/15/21	9.000	1,700,000
300	Nexeo Solutions Finance Corp., Rule 144A, Senior Subordinated Notes (Callable 03/01/14 @ $104.19) ‡	(B-, B3)	03/01/18	8.375	301,500
2,100	Omnova Solutions, Inc., Global Company Guaranteed Notes (Callable 11/01/14 @ $103.94)	(B-, B2)	11/01/18	7.875	1,821,750
2,216	OXEA Finance & Cy SCA, Rule 144A, Senior Secured Notes (Callable 07/15/13 @ $107.13) ‡	(B+, B2)	07/15/17	9.500	2,238,160
1,800	Polymer Group, Inc., Rule 144A, Senior Secured Notes (Callable 02/01/15 @ $103.88) ‡	(B, B1)	02/01/19	7.750	1,876,500
1,175	Reichhold Industries, Inc., Rule 144A, Senior Notes (Callable 08/15/12 @ $100.00) ‡	(CCC+, Caa2)	08/15/14	9.000	710,875
750	Styrolution GmbH, Rule 144A, Senior Secured Notes (Callable 05/15/13 @ 105.72) ‡	(B+, B2)	05/15/16	7.625	831,649
950	TPC Group LLC, Global Senior Secured Notes (Callable 10/01/13 @ 106.19)	(NR, B1)	10/01/17	8.250	966,625
					16,397,389
Computer Hardware (1.8%)
3,750	Spansion LLC, Rule 144A, Company Guaranteed Notes (Callable 11/15/13 @ $103.94) ‡	(BB-, B3)	11/15/17	7.875	3,825,000

See Accompanying Notes to Financial Statements. 2

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Credit Suisse High Yield Bond Fund

Schedule of Investments (continued)

October 31, 2011

Par (000)		Ratings† (S&P/Moody's)	Maturity		Value
CORPORATE BONDS
Consumer Products (2.7%)
$ 2,000	NBTY, Inc., Global Company Guaranteed Notes (Callable 10/01/14 @ $104.50)	(B, B3)	10/01/18	9.000	$ 2,157,500
2,375	Prestige Brands, Inc., Global Company Guaranteed Notes (Callable 04/01/14 @ $104.13)	(B, B3)	04/01/18	8.250	2,434,375
1,100	Spectrum Brands Holdings, Inc., Global Senior Secured Notes (Callable 06/15/14 @ $104.75)	(B, B1)	06/15/18	9.500	1,226,500
					5,818,375
Consumer/Commercial/Lease Financing (3.2%)
822	CIT Group, Inc., Rule 144A, Secured Notes (Callable 01/01/12 @ 100.00) ‡	(B+, B2)	05/04/15	7.000	823,027
380	CIT Group, Inc., Rule 144A, Secured Notes (Callable 01/01/12 @ 100.00) ‡	(B+, B2)	05/02/16	7.000	380,000
512	CIT Group, Inc., Rule 144A, Secured Notes (Callable 01/01/12 @ 100.00) ‡	(B+, B2)	05/02/17	7.000	511,360
1,290	International Lease Finance Corp., Global Senior Unsecured Notes	(BBB-, B1)	09/15/15	8.625	1,359,337
675	International Lease Finance Corp., Global Senior Unsecured Notes	(BBB-, B1)	03/15/17	8.750	713,138
650	PFG Finance Corp., Rule 144A, Senior Notes (Callable 02/15/15 @ $105.06) ‡	(B, B2)	02/15/19	10.125	614,250
2,300	PFG Finance Corp., Rule 144A, Senior Secured Notes (Callable 04/15/14 @ $105.13) ‡	(BB, Ba3)	04/15/17	10.250	2,311,500
					6,712,612
Diversified Capital Goods (2.7%)
450	Belden, Inc., Global Company Guaranteed Notes (Callable 03/15/12 @ $103.50)	(B+, Ba2)	03/15/17	7.000	454,500
625	Belden, Inc., Global Company Guaranteed Notes (Callable 06/15/14 @ $104.63)	(B+, Ba2)	06/15/19	9.250	671,875
800	Coleman Cable, Inc., Global Company Guaranteed Notes (Callable 02/15/14 @ $104.50)	(B, B3)	02/15/18	9.000	796,000
1,500	FCC Holdings, Inc., Rule 144A, Notes (Callable 12/15/12 @ $106.00) ‡	(B-, Caa3)	12/15/15	12.000	1,305,000
950	Leucadia National Corp., Global Senior Unsecured Notes (Callable 03/15/12 @ $103.56)	(BB+, B1)	03/15/17	7.125	990,375
800	Mueller Water Products, Inc., Global Company Guaranteed Notes (Callable 09/01/15 @ $104.38)	(B+, B2)	09/01/20	8.750	856,000
575	Trimas Corp., Global Senior Secured Notes (Callable 12/15/13 @ $104.88)	(B-, B2)	12/15/17	9.750	618,125
					5,691,875
Electric - Generation (2.7%)
1,475	Edison Mission Energy, Global Senior Unsecured Notes	(B-, Caa1)	05/15/17	7.000	1,039,875
675	Edison Mission Energy, Global Senior Unsecured Notes	(B-, Caa1)	05/15/19	7.200	452,250
1,175	Mirant Americas Pass Through Generation LLC, Senior Unsecured Notes	(BB-, B3)	10/01/21	8.500	1,157,375
625	NRG Energy, Inc., Company Guaranteed Notes (Callable 06/15/14 @ $104.25)	(BB-, B1)	06/15/19	8.500	656,250
775	NRG Energy, Inc., Global Company Guaranteed Notes (Callable 09/01/15 @ 104.13)	(BB-, B1)	09/01/20	8.250	806,000
2,925	TCEH Finance, Inc., LLC, Series A, Global Company Guaranteed Notes (Callable 11/01/11 @ $105.13) §	(D, Caa3)	11/01/15	10.250	1,155,375
1,175	TCEH Finance, Inc., LLC, Series B, Global Company Guaranteed Notes (Callable 11/01/11 @ $105.13) §	(D, Caa3)	11/01/15	10.250	458,250
					5,725,375
Electric - Integrated (1.3%)
447	Mirant Mid Atlantic Pass Through Trust, Series B, Global Pass Thru Certificates	(BB-, Ba1)	06/30/17	9.125	460,577
550	The AES Corp., Global Senior Unsecured Notes	(BB-, B1)	04/15/16	9.750	627,000
675	The AES Corp., Global Senior Unsecured Notes	(BB-, B1)	10/15/17	8.000	744,188
900	The AES Corp., Rule 144A, Senior Notes ‡	(BB-, B1)	07/01/21	7.375	967,500
					2,799,265
Electronics (1.6%)
1,500	CPI International, Inc., Global Company Guaranteed Notes (Callable 02/15/15 @ $104.00)	(CCC+, B3)	02/15/18	8.000	1,335,000
928	Freescale Semiconductor, Inc., Rule 144A, Senior Secured Notes (Callable 03/15/14 @ $105.06) ‡§	(B, Ba3)	03/15/18	10.125	1,023,120
1,000	MEMC Electronic Materials, Inc., Global Company Guaranteed Notes (Callable 04/01/14 @ 105.81)	(BB, B1)	04/01/19	7.750	862,500
200	NXP Funding LLC, Rule 144A, Senior Secured Notes (Callable 08/01/14 @ $104.88) ‡	(B+, B2)	08/01/18	9.750	221,000
					3,441,620
Energy - Exploration & Production (11.0%)
1,000	Carrizo Oil & Gas, Inc., Global Company Guaranteed Notes (Callable 10/15/14 @ $104.31)	(B-, B3)	10/15/18	8.625	1,020,000
850	Comstock Resources, Inc., Company Guaranteed Notes (Callable 04/01/15 @ $103.88)	(B, B2)	04/01/19	7.750	837,250
2,350	Comstock Resources, Inc., Company Guaranteed Notes (Callable 10/15/13 @ $104.19)	(B, B2)	10/15/17	8.375	2,420,500
50	Denbury Resources, Inc., Company Guaranteed Notes (Callable 03/01/13 @ $104.88)	(BB-, B1)	03/01/16	9.750	55,625
2,200	Energy Partners Ltd., Global Company Guaranteed Notes (Callable 02/15/15 @ $104.13)	(B-, Caa1)	02/15/18	8.250	2,079,000
950	Energy XXI Gulf Coast, Inc., Company Guaranteed Notes (Callable 12/15/14 @ $104.63)	(B, Caa1)	12/15/17	9.250	1,016,500

See Accompanying Notes to Financial Statements. 3

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Credit Suisse High Yield Bond Fund

Schedule of Investments (continued)

October 31, 2011

Par (000)		Ratings† (S&P/Moody's)	Maturity		Value
CORPORATE BONDS
Energy - Exploration & Production
$ 1,025	EXCO Resources, Inc., Company Guaranteed Notes (Callable 09/15/14 @ $103.75)	(B, B3)	09/15/18	7.500	$ 1,019,875
900	Linn Energy Finance Corp., Global Company Guaranteed Notes (Callable 09/15/15 @ $103.88)	(B, B2)	02/01/21	7.750	965,250
3,500	McMoRan Exploration Co., Company Guaranteed Notes (Callable 11/15/11 @ $105.94)	(B, Caa1)	11/15/14	11.875	3,727,500
1,250	Oasis Petroleum, Inc., Rule 144A, Senior Notes (Callable 02/01/15 @ $103.63) ‡	(B-, Caa1)	02/01/19	7.250	1,325,000
450	Penn Virginia Corp., Senior Notes (Callable 06/15/13 @ $105.19)	(BB-, B2)	06/15/16	10.375	492,750
1,525	Petrohawk Energy Corp., Global Company Guaranteed Notes (Callable 08/15/14 @ $103.63)	(BBB+, Baa3)	08/15/18	7.250	1,753,750
2,475	Pioneer Natural Resources Co., Senior Unsecured Notes	(BB+, Ba1)	01/15/20	7.500	2,814,642
800	Stone Energy Corp., Company Guaranteed Notes (Callable 02/01/14 @ $104.31)	(B, Caa1)	02/01/17	8.625	812,000
1,525	Stone Energy Corp., Global Senior Subordinated Notes (Callable 12/15/11 @ $101.13)	(CCC+, Caa2)	12/15/14	6.750	1,517,375
475	Swift Energy Co., Company Guaranteed Notes (Callable 06/01/12 @ $103.56)	(BB-, B3)	06/01/17	7.125	484,500
1,000	W&T Offshore, Inc., Rule 144A, Senior Notes (Callable 06/15/15 @ 104.25) ‡	(B, Caa1)	06/15/19	8.500	1,025,000
					23,366,517
Environmental (2.4%)
1,000	ALBA Group PLC & Co. KG, Rule 144A, Senior Notes (Callable 05/15/14 @ 106.00) ‡	(B, B3)	05/15/18	8.000	1,374,269
1,100	Casella Waste Systems, Inc., Global Senior Secured Notes (Callable 07/15/12 @ $105.50)	(BB, B2)	07/15/14	11.000	1,193,500
900	Darling International, Inc., Global Company Guaranteed Notes (Callable 12/15/14 @ $104.25)	(BB, Ba3)	12/15/18	8.500	1,014,750
550	EnergySolutions LLC, Global Company Guaranteed Notes (Callable 08/15/14 @ 105.38)	(BB-, Caa1)	08/15/18	10.750	558,250
1,000	WCA Waste Corp., Rule 144A, Company Guaranteed Notes (Callable 06/15/14 @ 105.63) ‡	(B-, B3)	06/15/19	7.500	975,000
					5,115,769
Food & Drug Retailers (0.6%)
700	Rite Aid Corp., Global Company Guaranteed Notes (Callable 06/15/12 @ $104.69)	(CCC, Caa3)	12/15/15	9.375	661,500
475	Rite Aid Corp., Global Senior Secured Notes (Callable 06/12/13 @ $104.88)	(B+, B3)	06/12/16	9.750	522,500
					1,184,000
Food - Wholesale (2.2%)
2,650	Del Monte Foods Co., Inc., Rule 144A, Company Guaranteed Notes (Callable 02/15/14 @ $103.81) ‡	(CCC+, B3)	02/15/19	7.625	2,530,750
2,075	Southern States Cooperative, Inc., Rule 144A, Senior Notes (Callable 05/15/13 @ $105.63) ‡	(B+, B3)	05/15/15	11.250	2,178,750
					4,709,500
Forestry & Paper (1.6%)
628	Boise Cascade LLC, Global Company Guaranteed Notes (Callable 10/15/12 @ $100.00)	(B+, Caa1)	10/15/14	7.125	618,580
500	Smurfit Kappa Acquisitions, Rule 144A, Senior Secured Notes (Callable 11/15/13 @ $103.63) ‡	(BB, Ba2)	11/15/17	7.250	718,322
1,000	Smurfit Kappa Funding PLC, Global Senior Subordinated Notes (Callable 01/31/12 @ $101.29)	(B, B2)	04/01/15	7.750	1,005,000
950	Stone & Webster, Inc. *	(NR, NR)	07/01/12	0.000	26,125
300	Verso Paper, Inc., Global Secured Notes (Callable 02/01/15 @ $104.38)	(B, B2)	02/01/19	8.750	217,500
1,125	Verso Paper, Inc., Series B, Global Company Guaranteed Notes (Callable 08/01/12 @ $103.79) §	(CCC+, Caa1)	08/01/16	11.375	838,125
					3,423,652
Gaming (8.3%)
775	Buffalo Thunder Development Authority, Rule 144A, Senior Secured Notes (Callable 12/15/11 @ $102.34)ø ‡	(NR, NR)	12/15/14	9.375	275,125
2,000	CCM Merger, Inc., Rule 144A, Notes ‡	(CCC+, Caa3)	08/01/13	8.000	1,910,000
973	Choctaw Resort Development Enterprise, Rule 144A, Senior Notes (Callable 11/15/11 @ $103.63) ‡	(CCC+, Caa3)	11/15/19	7.250	612,990
1,590	Chukchansi Economic Development Authority, Rule 144A, Senior Unsecured Notes (Callable 11/15/11 @ $100.00) ‡	(B-, Caa2)	11/15/13	8.000	1,045,425
1,500	Cirsa Funding Luxembourg SA, Rule 144A, Company Guaranteed Notes (Callable 05/15/14 @ $104.38) ‡	(B+, B3)	05/15/18	8.750	1,859,442
625	Fontainebleau Las Vegas Holdings LLC, Rule 144A, Second Mortgage Notes (Callable 06/15/12 @ $105.13)ø ‡	(NR, NR)	06/15/15	10.250	781
1,950	Great Canadian Gaming Corp., Rule 144A, Company Guaranteed Notes (Callable 02/15/12 @ $101.81) ‡§	(BB-, B2)	02/15/15	7.250	1,959,750
1,700	Greektown Superholdings, Inc., Series B, Global Senior Secured Notes (Callable 01/01/13 @ $106.50)	(NR, NR)	07/01/15	13.000	1,755,250
369	Inn of the Mountain Gods Resort & Casino, Rule 144A, Senior Secured Notes ‡	(NR, NR)	11/30/20	1.250	212,132
3,025	Jacobs Entertainment, Inc., Global Company Guaranteed Notes (Callable 06/15/12 @ $100.00)	(B-, Caa1)	06/15/14	9.750	2,949,375
950	Majestic Star Casino Capital Corp., Senior Secured Notes ø	(NR, NR)	10/15/10	9.500	375,250
950	Peninsula Gaming LLC, Global Company Guaranteed Notes (Callable 08/15/13 @ $105.38)	(B, Caa1)	08/15/17	10.750	983,250

See Accompanying Notes to Financial Statements. 4

SEQ.=7,FOLIO='4',FILE='11-30384-6.ca',USER='105912',CD='Dec 30 12:10 2011'

Credit Suisse High Yield Bond Fund

Schedule of Investments (continued)

October 31, 2011

Par (000)		Ratings† (S&P/Moody's)	Maturity		Value
CORPORATE BONDS
Gaming
$ 1,425	Peninsula Gaming LLC, Global Senior Secured Notes (Callable 08/15/12 @ $104.19)	(BB, Ba3)	08/15/15	8.375	$ 1,471,313
670	Tropicana Finance Corp., Global Senior Subordinated Notes (Callable 12/15/11 @ $102.41) ø^	(NR, NR)	12/15/14	9.625	67
2,085	Tunica-Biloxi Gaming Authority, Rule 144A, Senior Unsecured Notes (Callable 11/15/11 @ $103.00) ‡	(B+, B2)	11/15/15	9.000	2,085,000
					17,495,150
Gas Distribution (1.7%)
2,200	Genesis Energy Finance Corp., Rule 144A, Company Guaranteed Notes (Callable 12/15/14 @ $103.94) ‡	(B, B3)	12/15/18	7.875	2,145,000
600	Targa Resources Partners Finance Corp., Global Company Guaranteed Notes (Callable 07/01/12 @ $104.13)	(BB, B1)	07/01/16	8.250	633,000
875	Targa Resources Partners Finance Corp., Rule 144A, Company Guaranteed Notes (Callable 02/01/16 @ $103.44) ‡	(BB, B1)	02/01/21	6.875	868,438
					3,646,438
Health Facilities (2.5%)
545	Bausch & Lomb, Inc., Global Senior Unsecured Notes (Callable 11/01/11 @ $104.94)	(B, Caa1)	11/01/15	9.875	574,975
450	Omega Healthcare Investors, Inc., Global Company Guaranteed Notes (Callable 10/15/15 @ $103.38)	(BB+, Ba2)	10/15/22	6.750	456,750
625	Radiation Therapy Services, Inc., Global Company Guaranteed Notes (Callable 04/15/14 @ $104.94)	(CCC+, B3)	04/15/17	9.875	523,438
1,950	Symbion, Inc., Rule 144A, Senior Secured Notes (Callable 06/15/14 @ 104.00) ‡	(B, B2)	06/15/16	8.000	1,828,125
900	Tenet Healthcare Corp., Global Senior Secured Notes (Callable 07/01/14 @ $104.44)	(BB-, B1)	07/01/19	8.875	1,021,500
250	Universal Hospital Services, Inc., Global Secured Notes (Callable 06/01/12 @ $102.13)	(B+, B3)	06/01/15	8.500	258,750
634	VWR Funding, Inc., Series B, Global Company Guaranteed Notes (Callable 07/15/12 @ $105.13)	(B-, Caa1)	07/15/15	10.250	665,437
					5,328,975
Health Services (2.9%)
650	Capsugel FinanceCo SCA, Rule 144A, Company Guaranteed Notes (Callable 08/01/14 @ $107.41) ‡	(B, Caa1)	08/01/19	9.875	933,818
500	Emdeon, Inc., Rule 144A, Company Guaranteed Notes (Callable 12/31/15 @ $105.50) ‡	(NR, Caa1)	12/31/19	11.000	522,500
675	inVentiv Health, Inc., Rule 144A, Company Guaranteed Notes (Callable 08/15/14 @ $105.00) ‡	(CCC+, Caa2)	08/15/18	10.000	651,375
425	Service Corp. International, Senior Unsecured Notes	(BB-, Ba3)	11/15/21	8.000	470,156
2,025	STHI Holding Corp., Rule 144A, Secured Notes (Callable 03/15/14 @ $106.00) ‡	(B, B2)	03/15/18	8.000	2,075,625
1,500	Warner Chilcott Finance LLC, Global Company Guaranteed Notes (Callable 09/15/14 @ $103.88)	(BB, B3)	09/15/18	7.750	1,571,250
					6,224,724
Leisure (1.5%)
400	Magnum Management Corp., Global Company Guaranteed Notes (Callable 08/01/14 @ 104.56)	(B-, B2)	08/01/18	9.125	436,000
2,000	Palace Entertainment Holdings Corp., Rule 144A, Senior Secured Notes (Callable 04/15/14 @ $104.44) ‡	(B-, B2)	04/15/17	8.875	1,970,000
650	Seven Seas Cruises S de RL LLC, Rule 144A, Secured Notes (Callable 05/15/15 @ $104.56) ‡	(B-, B3)	05/15/19	9.125	666,250
					3,072,250
Machinery (0.9%)
525	CPM Holdings, Inc., Global Senior Secured Notes (Callable 09/01/12 @ 105.31)	(B+, B2)	09/01/14	10.625	561,750
1,000	Dematic SA, Rule 144A, Senior Secured Notes (Callable 05/01/13 @ 104.38) ‡	(B, B3)	05/01/16	8.750	990,000
250	Terex Corp., Senior Subordinated Notes (Callable 11/15/12 @ $104.00) §	(B, Caa1)	11/15/17	8.000	246,875
					1,798,625
Media - Broadcast (2.9%)
795	Barrington Broadcasting Capital Corp., Global Company Guaranteed Notes (Callable 08/15/12 @ $100.00)	(CCC+, Caa1)	08/15/14	10.500	735,375
1,925	CCO Holdings Capital Corp., Global Company Guaranteed Notes (Callable 04/30/15 @ $104.06)	(BB-, B1)	04/30/20	8.125	2,093,438
350	Fisher Communications, Inc., Global Company Guaranteed Notes (Callable 09/15/12 @ $100.00)	(NR, B1)	09/15/14	8.625	351,750
2,900	Mission Broadcasting, Inc., Global Senior Secured Notes (Callable 04/15/14 @ $104.44)	(B, B3)	04/15/17	8.875	2,958,000
					6,138,563
Media - Cable (5.4%)
1,375	Atlantic Broadband Finance LLC, Global Company Guaranteed Notes (Callable 01/15/12 @ $100.00)	(B-, B3)	01/15/14	9.375	1,378,437
75	Cablevision Systems Corp., Senior Unsecured Notes	(B+, B1)	04/15/18	7.750	78,750
1,150	Cablevision Systems Corp., Senior Unsecured Notes §	(B+, B1)	04/15/20	8.000	1,219,000
723	CCH II Capital Corp., Global Senior Notes (Callable 11/30/12 @ $106.75)	(B, B2)	11/30/16	13.500	836,852
1,950	Cequel Capital Corp., Rule 144A, Senior Unsecured Notes (Callable 11/15/12 @ $106.47) ‡	(B-, B3)	11/15/17	8.625	2,047,500

See Accompanying Notes to Financial Statements. 5

SEQ.=8,FOLIO='5',FILE='11-30384-6.ca',USER='105912',CD='Dec 30 12:10 2011'

Credit Suisse High Yield Bond Fund

Schedule of Investments (continued)

October 31, 2011

Par (000)		Ratings† (S&P/Moody's)	Maturity		Value
CORPORATE BONDS
Media - Cable
$ 525	CSC Holdings LLC, Global Senior Unsecured Notes	(BB, Ba3)	02/15/19	8.625	$ 598,500
1,500	DISH DBS Corp., Global Company Guaranteed Notes	(BB-, Ba2)	09/01/19	7.875	1,653,750
1,425	Insight Communications Co., Inc., Rule 144A, Senior Notes (Callable 07/15/13 @ $107.03) ‡	(B-, B3)	07/15/18	9.375	1,624,500
600	Kabel Baden-Wurttemberg GmbH & Co. KG, Rule 144A, Senior Secured Notes (Callable 03/15/15 @ $103.75) ‡	(B+, B1)	03/15/19	7.500	627,000
200	Unitymedia NRW GmbH, Rule 144A, Senior Secured Notes (Callable 12/01/12 @ $108.22) ‡	(BB-, B1)	12/01/17	8.125	291,513
1,000	Virgin Media Finance PLC, Global Company Guaranteed Notes (Callable 10/15/14 @ $104.19)	(BB-, Ba2)	10/15/19	8.375	1,117,500
					11,473,302
Media - Diversified (1.4%)
2,225	Block Communications, Inc., Rule 144A, Senior Notes (Callable 12/15/11 @ $102.75) ‡	(B, B1)	12/15/15	8.250	2,258,375
600	Quebecor Media, Inc., Global Senior Unsecured Notes (Callable 03/15/12 @ $102.58)	(B+, B1)	03/15/16	7.750	622,500
					2,880,875
Media - Services (1.3%)
150	Clear Channel Worldwide Holdings, Inc., Global Company Guaranteed Notes (Callable 12/15/12 @ $106.94)	(B, B2)	12/15/17	9.250	162,750
1,500	Clear Channel Worldwide Holdings, Inc., Series B, Global Company Guaranteed Notes (Callable 12/15/12 @ $106.94)	(B, B2)	12/15/17	9.250	1,635,000
600	SGS International, Inc., Global Company Guaranteed Notes (Callable 12/15/11 @ $100.00)	(B, B2)	12/15/13	12.000	609,000
400	WMG Acquisition Corp., Global Senior Secured Notes (Callable 06/15/13 @ $104.75)	(BB-, Ba2)	06/15/16	9.500	426,000
					2,832,750
Medical Products (0.6%)
1,250	Giant Funding Corp., Rule 144A, Secured Notes (Callable 02/01/14 @ $106.19) ‡	(B, B3)	02/01/18	8.250	1,321,875
Metals & Mining - Excluding Steel (2.4%)
350	Calcipar SA, Rule 144A, Senior Secured Notes (Callable 05/01/15 @ 103.44) ‡	(BB-, B1)	05/01/18	6.875	327,250
600	FMG Resources August 2006 Pty Ltd., Rule 144A, Senior Notes (Callable 11/01/15 @ 104.13) ‡	(B+, B1)	11/01/19	8.250	609,000
1,630	Noranda Aluminium Acquisition Corp., Global Company Guaranteed Notes#	(B, B2)	05/15/15	4.417	1,515,959
225	Old AII, Inc., Global Company Guaranteed Notes (Callable 12/15/11 @ $102.25) ø	(NR, NR)	12/15/14	9.000	22
1,100	Old AII, Inc., Global Company Guaranteed Notes (Callable 12/15/11 @ $105.00) ø	(NR, NR)	12/15/16	10.000	110
1,400	Taseko Mines Ltd., Company Guaranteed Notes (Callable 04/15/15 @ 103.88)	(B, B3)	04/15/19	7.750	1,316,000
1,600	Xinergy Corp., Rule 144A, Senior Secured Notes (Callable 05/15/15 @ 104.63) ‡	(B-, Caa1)	05/15/19	9.250	1,352,000
					5,120,341
Oil Field Equipment & Services (6.2%)
900	Edgen Murray Corp., Global Senior Secured Notes (Callable 01/15/13 @ $106.13) §	(B-, Caa3)	01/15/15	12.250	855,000
2,325	Frac Tech Finance, Inc., Rule 144A, Company Guaranteed Notes (Callable 11/15/14 @ $103.56) ‡	(BB, Ba3)	11/15/18	7.625	2,441,250
1,300	Helix Energy Solutions Group, Inc., Rule 144A, Company Guaranteed Notes (Callable 01/15/12 @ $104.75) ‡	(B-, B3)	01/15/16	9.500	1,371,500
300	Hornbeck Offshore Services, Inc., Global Company Guaranteed Notes (Callable 09/01/13 @ $104.00)	(B+, Ba3)	09/01/17	8.000	304,500
350	Hornbeck Offshore Services, Inc., Series B, Global Company Guaranteed Notes (Callable 12/01/11 @ $101.02)	(B+, Ba3)	12/01/14	6.125	354,375
950	Offshore Group Investments, Ltd., Global Senior Secured Notes (Callable 02/01/13 @ $108.63)	(B-, B3)	08/01/15	11.500	1,040,250
700	Offshore Group Investments, Ltd., Rule 144A, Senior Secured Notes (Callable 02/01/13 @ $108.63) ‡	(B-, B3)	08/01/15	11.500	766,500
625	Parker Drilling Co., Global Company Guaranteed Notes (Callable 04/01/14 @ $104.56)	(B+, B1)	04/01/18	9.125	657,812
2,000	Pioneer Drilling Co., Global Company Guaranteed Notes (Callable 03/15/14 @ $104.94)	(B, NR)	03/15/18	9.875	2,090,000
505	Thermon Industries, Inc., Global Secured Notes (Callable 05/01/14 @ 104.75)	(B+, B1)	05/01/17	9.500	547,925
2,500	Trinidad Drilling, Ltd., Rule 144A, Senior Unsecured Notes (Callable 01/15/15 @ $103.94) ‡	(BB-, B2)	01/15/19	7.875	2,631,250
					13,060,362
Oil Refining & Marketing (3.0%)
183	Coffeyville Finance, Inc., Rule 144A, Senior Secured Notes (Callable 04/01/12 @ $106.75) ‡	(BB, Ba3)	04/01/15	9.000	198,097
2,600	Coffeyville Finance, Inc., Rule 144A, Senior Secured Notes (Callable 04/01/13 @ $108.16) ‡	(BB-, B3)	04/01/17	10.875	2,957,500
1,300	Northern Tier Finance Corp., Rule 144A, Senior Secured Notes (Callable 12/01/13 @ $107.88) ‡	(BB-, B1)	12/01/17	10.500	1,433,250
500	Tesoro Corp., Company Guaranteed Notes (Callable 06/01/14 @ $104.88)	(BB+, Ba1)	06/01/19	9.750	565,000
1,050	Western Refining, Inc., Rule 144A, Senior Secured Notes (Callable 12/15/11 @ $105.00) #‡	(B, B3)	06/15/14	10.750	1,113,000
					6,266,847

See Accompanying Notes to Financial Statements. 6

SEQ.=9,FOLIO='6',FILE='11-30384-6.ca',USER='105912',CD='Dec 30 12:10 2011'

Credit Suisse High Yield Bond Fund

Schedule of Investments (continued)

October 31, 2011

Par (000)		Ratings† (S&P/Moody's)	Maturity		Value
CORPORATE BONDS
Packaging (5.3%)
$ 850	Ardagh Glass Finance PLC, Rule 144A, Company Guaranteed Notes (Callable 06/15/12 @ $103.56) ‡	(B-, B3)	06/15/17	7.125	$ 1,087,769
700	Ardagh Packaging Finance PLC, Rule 144A, Company Guaranteed Notes (Callable 10/15/15 @ $104.63) ‡	(B-, B3)	10/15/20	9.250	921,439
825	Ardagh Packaging Finance PLC, Rule 144A, Senior Secured Notes (Callable 10/15/14 @ $103.69) ‡	(BB-, Ba3)	10/15/17	7.375	1,149,271
525	Berry Plastics Corp., Global Senior Secured Notes (Callable 11/15/12 @ $104.13)	(B, B1)	11/15/15	8.250	556,500
625	BWAY Holding Co., Global Company Guaranteed Notes (Callable 06/15/14 @ 105.00)	(CCC+, B3)	06/15/18	10.000	643,750
1,000	Pregis Corp., Global Secured Notes #	(B, B2)	04/15/13	6.572	1,366,904
1,135	Pregis Corp., Global Secured Notes #	(B, B2)	04/15/13	6.572	1,551,435
2,475	Reynolds Group Issuer LLC, Rule 144A, Senior Notes (Callable 10/15/14 @ $104.50) ‡	(B-, Caa1)	04/15/19	9.000	2,400,750
700	Reynolds Group Issuer LLC, Rule 144A, Senior Secured Notes (Callable 10/15/12 @ $103.88) ‡	(BB-, Ba3)	10/15/16	8.750	739,375
300	Reynolds Group Issuer LLC, Rule 144A, Senior Secured Notes (Callable 10/15/14 @ $103.56) ‡	(BB-, Ba3)	04/15/19	7.125	307,500
500	Sealed Air Corp., Rule 144A, Senior Unsecured Notes (Callable 09/15/16 @ $104.19) ‡	(BB, B1)	09/15/21	8.375	542,500
					11,267,193
Pharmaceuticals (0.6%)
1,000	ConvaTec Healthcare E SA, Rule 144A, Senior Unsecured Notes (Callable 12/15/14 @ $105.25) ‡	(B, Caa1)	12/15/18	10.500	967,500
211	QHP Royalty Sub LLC, Rule 144A, Senior Secured Notes ‡	(NR, NR)	03/15/15	10.250	214,868
					1,182,368
Printing & Publishing (0.7%)
1,000	Cenveo Corp., Global Senior Subordinated Notes (Callable 12/01/11 @ $100.00)	(CCC+, Caa2)	12/01/13	7.875	830,000
875	The Reader's Digest Association, Inc., Global Senior Secured Notes (Callable 02/15/13 @ $104.00) #	(CCC, B3)	02/15/17	9.500	704,375
					1,534,375
Real Estate Development & Management (0.6%)
1,300	Icahn Enterprises LP, Rule 144A, Senior Unsecured Notes #‡	(NR, NR)	08/15/13	4.000	1,222,000
Real Estate Investment Trusts (2.6%)
2,850	CNL Lifestyle Properties, Inc., Global Company Guaranteed Notes (Callable 04/15/15 @ $103.63)	(BB-, Ba3)	04/15/19	7.250	2,579,250
500	MPT Finance Corp., Rule 144A, Company Guaranteed Notes (Callable 05/01/16 @ 103.44) ‡	(BB, Ba2)	05/01/21	6.875	500,000
2,500	Sabra Capital Corp., Global Company Guaranteed Notes (Callable 11/01/14 @ $104.06)	(BB-, B2)	11/01/18	8.125	2,475,000
					5,554,250
Restaurants (3.1%)
1,867	CKE Restaurants, Inc., Global Senior Secured Notes (Callable 07/15/14 @ $105.69) §	(B-, B2)	07/15/18	11.375	2,016,360
2,050	HOA Finance Corp., Rule 144A, Senior Secured Notes (Callable 04/01/14 @ $105.63) ‡	(B, B3)	04/01/17	11.250	1,875,750
3,100	Real Mex Restaurants, Inc., Global Senior Secured Notes (Callable 07/01/12 @ $100.00) ø	(D, NR)	01/01/13	14.000	1,488,000
1,250	Sizzling Platter LLC, Rule 144A, Senior Secured Notes (Callable 04/15/14 @ 106.13) ‡	(B-, Caa1)	04/15/16	12.250	1,281,250
					6,661,360
Software/Services (2.1%)
1,600	Eagle Parent, Inc., Rule 144A, Senior Notes (Callable 05/01/15 @ 104.31) ‡	(CCC+, Caa1)	05/01/19	8.625	1,504,000
625	First Data Corp., Rule 144A, Senior Secured Notes (Callable 06/15/15 @ $103.69) ‡	(B+, B1)	06/15/19	7.375	621,875
600	SSI Co-Issuer LLC, Global Company Guaranteed Notes (Callable 06/01/14 @ $105.56)	(CCC+, Caa1)	06/01/18	11.125	636,000
1,600	SunGard Data Systems, Inc., Global Company Guaranteed Notes (Callable 11/15/13 @ 105.53)	(B, Caa1)	11/15/18	7.375	1,644,000
					4,405,875
Specialty Retail (1.6%)
500	Academy Finance Corp., Rule 144A, Company Guaranteed Notes (Callable 08/01/14 @ $106.94) ‡	(CCC+, Caa1)	08/01/19	9.250	505,000
1,300	Brown Shoe Co., Inc., Global Company Guaranteed Notes (Callable 05/15/14 @ $105.34)	(B+, B3)	05/15/19	7.125	1,196,000
1,250	Ontex IV SA, Rule 144A, Senior Secured Notes (Callable 04/15/14 @ $ 103.25) ‡	(B+, Ba3)	04/15/18	7.500	1,651,965
					3,352,965
Steel Producers/Products (1.0%)
900	JMC Steel Group, Rule 144A, Senior Notes (Callable 03/15/14 @ $ 106.19) ‡	(B, B3)	03/15/18	8.250	895,500
700	Ryerson, Inc., Global Senior Secured Notes (Callable 11/01/11 @ $106.00)	(CCC+, Caa1)	11/01/15	12.000	717,500
525	Tube City IMS Corp., Global Company Guaranteed Notes (Callable 02/01/12 @ $102.44)	(B-, Caa1)	02/01/15	9.750	525,000
					2,138,000

See Accompanying Notes to Financial Statements. 7

SEQ.=10,FOLIO='7',FILE='11-30384-6.ca',USER='105912',CD='Dec 30 12:10 2011'

Credit Suisse High Yield Bond Fund

Schedule of Investments (continued)

October 31, 2011

Par (000)		Ratings† (S&P/Moody's)	Maturity		Value
CORPORATE BONDS
Support - Services (4.7%)
$ 800	Ashtead Capital, Inc., Rule 144A, Secured Notes (Callable 08/15/12 @ $103.00) ‡	(B+, B2)	08/15/16	9.000	$ 836,000
250	Audatex North America, Inc., Rule 144A, Company Guaranteed Notes (Callable 06/15/14 @ 103.38) ‡	(BB-, Ba2)	06/15/18	6.750	255,000
1,700	Brickman Group Holdings, Inc., Rule 144A, Senior Notes (Callable 11/01/13 @ $106.84) ‡	(CCC+, B3)	11/01/18	9.125	1,555,500
1,850	CoreLogic, Inc., Rule 144A, Company Guaranteed Notes (Callable 06/01/16 @ $103.63) ‡	(B+, Ba3)	06/01/21	7.250	1,766,750
1,475	Garda World Security Corp., Rule 144A, Senior Unsecured Notes (Callable 03/15/14 @ $104.88) ‡	(B, B2)	03/15/17	9.750	1,504,500
1,975	Maxim Crane Works LP, Rule 144A, Senior Secured Notes (Callable 04/15/12 @ $109.19) ‡	(B, Caa1)	04/15/15	12.250	1,807,125
625	RSC Holdings III LLC, Global Company Guaranteed Notes (Callable 02/01/16 @ 104.13)	(B-, Caa1)	02/01/21	8.250	637,500
550	The Geo Group, Inc., Global Company Guaranteed Notes (Callable 10/15/13 @ $103.88)	(B+, B1)	10/15/17	7.750	580,250
625	The Geo Group, Inc., Global Company Guaranteed Notes (Callable 02/15/16 @ $103.31)	(B+, B1)	02/15/21	6.625	625,000
300	United Rentals North America, Inc., Global Company Guaranteed Notes (Callable 06/15/13 @ $105.44)	(B, B3)	06/15/16	10.875	340,500
					9,908,125
Telecom - Integrated/Services (1.1%)
550	Hellas Telecommunications II SCA, Rule 144A, Subordinated Notes ø#^‡	(NR, NR)	01/15/15	6.034	0
1,100	Intelsat Jackson Holdings SA, Rule 144A, Company Guaranteed Notes (Callable 04/01/15 @ $103.63) ‡	(B, B3)	04/01/19	7.250	1,108,250
1,250	Intelsat Jackson Holdings SA, Rule 144A, Company Guaranteed Notes (Callable 04/01/16 @ $103.75) ‡	(B, B3)	04/01/21	7.500	1,259,375
					2,367,625
Telecom - Wireless (1.1%)
250	Cricket Communications, Inc., Global Senior Secured Notes (Callable 05/15/12 @ $105.81)	(B+, Ba2)	05/15/16	7.750	260,625
800	GeoEye, Inc., Global Senior Secured Notes (Callable 10/01/13 @ $104.81)	(BB-, Ba3)	10/01/15	9.625	900,000
300	GeoEye, Inc., Senior Secured Notes (Callable 10/01/13 @ $104.31)	(B-, B3)	10/01/16	8.625	319,500
750	Wind Acquisition Finance SA, Rule 144A, Company Guaranteed Notes (Callable 07/15/13 @ $105.88) ‡	(BB-, B2)	07/15/17	11.750	906,170
					2,386,295
Telecommunications Equipment (1.7%)
1,950	Avaya, Inc., Rule 144A, Senior Secured Notes (Callable 04/01/15 @ $103.50) ‡	(B, B1)	04/01/19	7.000	1,881,750
1,700	Brightstar Corp., Rule 144A, Company Guaranteed Notes (Callable 12/01/14 @ $104.75) ‡	(BB-, B1)	12/01/16	9.500	1,725,500
					3,607,250
Textiles & Apparel (0.0%)
75	IT Holding Finance SA, Rule 144A, Company Guaranteed Notes ø‡	(NR, NR)	11/15/12	9.875	5,231
Theaters & Entertainment (3.5%)
3,365	AMC Entertainment, Inc., Global Company Guaranteed Notes (Callable 03/01/12 @ $100.00)	(CCC+, Caa1)	03/01/14	8.000	3,348,175
750	AMC Entertainment, Inc., Global Senior Unsecured Notes (Callable 06/01/14 @ $104.38)	(B-, B1)	06/01/19	8.750	796,875
600	National CineMedia LLC, Senior Unsecured Notes (Callable 07/15/16 @ $103.94)	(B, B2)	07/15/21	7.875	609,000
2,500	Regal Entertainment Group, Company Guaranteed Notes (Callable 08/15/14 @ $104.56)	(B-, B3)	08/15/18	9.125	2,687,500
					7,441,550
Tobacco (0.9%)
1,850	Vector Group, Ltd., Global Senior Secured Notes (Callable 08/15/12 @ $103.67)	(B+, B1)	08/15/15	11.000	1,914,750
Transportation - Excluding Air/Rail (1.4%)
650	Navios Maritime Holdings Finance II US, Inc., Global Company Guaranteed Notes (Callable 02/15/15 @ $104.06)	(B+, B3)	02/15/19	8.125	515,125
2,130	Ship Finance International, Ltd., Global Company Guaranteed Notes (Callable 12/15/11 @ $100.00)	(B+, B1)	12/15/13	8.500	2,044,800
500	Teekay Corp., Global Senior Unsecured Notes	(BB, B2)	01/15/20	8.500	485,000
					3,044,925
TOTAL CORPORATE BONDS (Cost $275,885,323)					268,325,102
BANK LOANS (9.7%)
Aerospace & Defense (1.3%)
2,047	London Acquisition Holdings B.V. #	(B, B1)	05/12/14	13.831	2,826,320
Chemicals (0.8%)
1,764	PQ Corp. #	(B+, B3)	07/30/14	3.680	1,673,638

See Accompanying Notes to Financial Statements. 8

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Credit Suisse High Yield Bond Fund

Schedule of Investments (continued)

October 31, 2011

Par (000)		Ratings† (S&P/Moody's)	Maturity		Value
BANK LOANS
Environmental (0.4%)
$ 941	EnviroSolutions Real Property Holdings, Inc. #	(CCC-, Caa1)	07/29/14	8.000	$ 916,861
Health Services (0.9%)
1,492	Onex Carestream Finance LP #	(BB-, B1)	02/25/17	5.000	1,348,468
157	Warner Chilcott Corp. #	(BBB-, Ba3)	03/15/18	4.250	155,854
114	Warner Chilcott Corp. #	(BBB-, Ba3)	03/15/18	4.250	113,349
228	Warner Chilcott Corp. #	(BBB-, Ba3)	03/15/18	4.250	226,698
					1,844,369
lnvestments & Misc. Financial Services (1.2%)
2,500	BNY Convergex Group LLC #	(B-, B2)	12/18/17	8.750	2,491,662
Media - Diversified (0.7%)
1,088	Flint Group Holdings Sarl #	(B-, B2)	12/31/14	6.926	854,255
859	Flint Group Holdings Sarl #	(B-, B2)	06/30/16	6.926	702,454
					1,556,709
Metals & Mining - Excluding Steel (1.2%)
498	American Rock Salt Co. LLC #	(B+, B3)	04/25/17	5.500	488,794
1,979	Global Brass & Copper, Inc. #	(B, B2)	08/18/15	10.250	1,979,047
					2,467,841
Oil Field Equipment & Services (0.4%)
1,200	Amtrol, Inc. #	(NR, NR)	12/05/14	4.896	906,000
Packaging (0.5%)
999	Hilex Poly Co. LLC #	(B, B3)	11/19/15	11.250	982,766
Printing & Publishing (0.2%)
1,750	Yell Group PLC #	(B-, B2)	07/31/14	3.996	515,708
Software/Services (0.9%)
2,000	SafeNet, Inc. #	(B-, Caa1)	04/12/15	6.246 6.249	1,898,760
Telecom - Integrated/Services (0.7%)
1,542	Mobsat Group Holding Sarl #	(B+, B1)	09/05/17	5.330 5.500	1,542,477
Telecommunications Equipment (0.5%)
349	Avaya, Inc. #	(B, B1)	10/24/14	3.064	334,008
701	Avaya, Inc. #	(B, B1)	10/26/17	4.814	642,437
					976,445
TOTAL BANK LOANS (Cost $21,303,778)					20,599,556
Number of Shares
COMMON STOCKS (0.4%)
Building Materials (0.0%)
619	Dayton Superior Corp. *^				0
437	Nortek, Inc. *				8,740
					8,740
Chemicals (0.0%)
4,893	Huntsman Corp.				57,444
Forestry & Paper (0.1%)
11,000	AbitibiBowater, Inc. *§				187,000

See Accompanying Notes to Financial Statements. 9

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Credit Suisse High Yield Bond Fund

Schedule of Investments (continued)

October 31, 2011

Number of Shares
COMMON STOCKS
Leisure (0.3%)
18,392	Six Flags Entertainment Corp. §		$	660,273
Printing & Publishing (0.0%)
1,322	SuperMedia, Inc. *§			2,287
TOTAL COMMON STOCKS (Cost $2,231,975)				915,744
PREFERRED STOCKS (0.2%)
Banks (0.2%)
473	Ally Financial, Inc., Rule 144A (Callable 12/31/11 @ $1,000) ‡			352,784
Building Materials (0.0%)
688	Dayton Superior Corp. *^			0
TOTAL PREFERRED STOCKS (Cost $347,106)				352,784
WARRANTS (0.1%)
Building Materials (0.0%)
1,152	Nortek, Inc., strike price $1.00, expires 12/07/14 *§			1,279
Media - Broadcast (0.1%)
19,721	CNB Capital Trust I, Rule 144A, strike price $0.00, expires 03/23/19 *^			118,523
Printing & Publishing (0.0%)
5,735	The Readers Digest Association, Inc., strike price $0.00, expires 02/19/14 *			0
TOTAL WARRANTS (Cost $1,152)				119,802
SHORT-TERM INVESTMENTS (5.7%)
7,653,298	State Street Navigator Prime Portfolio, 0.23% §§			7,653,298
Par (000)		Maturity	Rate%
$ 4,509	State Street Bank and Trust Co. Euro Time Deposit	11/01/11	0.010	4,509,000
TOTAL SHORT-TERM INVESTMENTS (Cost $12,162,298)				12,162,298
TOTAL INVESTMENTS AT VALUE (142.6%) (Cost $311,931,632)				302,475,286
LIABILITIES IN EXCESS OF OTHER ASSETS (-42.6%)				(90,350,864	)
NET ASSETS (100.0%)			$	212,124,422

INVESTMENT ABBREVIATION

NR = Not Rated

† Credit ratings given by the Standard & Poor's Division of The McGraw-Hill Companies, Inc. ("S&P") and Moody's Investors Service, Inc. ("Moody's") are unaudited.

‡ Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At October 31, 2011, these securities amounted to a value of $123,730,979 or 58.3% of net assets.

^ 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.

Variable rate obligations - The interest rate is the rate as of October 31, 2011.

Step Bond - The interest rate is as of October 31, 2011 and will reset at a future date.

ø Bond is currently in default.

Non-income producing security.

§ Security or portion thereof is out on loan.

§§ Represents security purchased with cash collateral received for securities on loan. The rate shown is the annualized one-day yield at October 31, 2011.

See Accompanying Notes to Financial Statements. 10

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Document name: 11-30384-6.da

Credit Suisse High Yield Bond Fund

Statement of Assets and Liabilities

October 31, 2011

Assets — Investments at value, including collateral for securities on loan of $7,653,298 (Cost $311,931,632) (Note 2)	$ 302,475,286	1
Cash	3,050,167
Foreign currency at value (Cost $142,514)	144,047
Dividend and interest receivable	6,503,124
Receivable for investments sold	530,086
Prepaid expenses and other assets	12,706
Total Assets	312,715,416
Liabilities
Advisory fee payable (Note 3)	202,675
Administrative services fee payable (Note 3)	24,529
Loan payable (Note 4)	89,000,000
Payable upon return of securities loaned (Note 2)	7,653,298
Payable for investments purchased	2,729,955
Unrealized depreciation on forward currency contracts (Note 2)	702,440
Interest payable	159,940
Trustees' fee payable	37,969
Other accrued expenses payable	80,188
Total Liabilities	100,590,994
Net Assets
Applicable to 75,228,035 shares outstanding	$ 212,124,422
Net Assets
Capital stock, $.001 par value (Note 6)	$ 75,228
Paid-in capital (Note 6)	310,295,893
Accumulated net investment loss	(1,041,808	)
Accumulated net realized loss on investments and foreign currency transactions	(87,043,502	)
Net unrealized depreciation from investments and foreign currency translations	(10,161,389	)
Net Assets	$ 212,124,422
Net Asset Value Per Share ($212,124,422 / 75,228,035)	$ 2.82
Market Price Per Share	$ 2.95

1 Including $7,465,858 of securities on loan.

See Accompanying Notes to Financial Statements. 11

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Credit Suisse High Yield Bond Fund

Statement of Operations

For the Year Ended October 31, 2011

Investment Income (Note 2) — Interest	$ 27,939,749
Dividends	83,371
Securities lending	87,169
Foreign taxes withheld	(41	)
Total investment income	28,110,248
Expenses
Investment advisory fees (Note 3)	2,974,576
Administrative services fees (Note 3)	141,111
Interest expense (Note 4)	1,202,016
Commitment fees (Note 4)	201,331
Trustees' fees	103,325
Printing fees (Note 3)	71,811
Legal fees	60,255
Audit and tax fees	40,700
Custodian fees	30,243
Transfer agent fees	21,971
Insurance expense	10,447
Miscellaneous expense	1,813
Total expenses	4,859,599
Less: fees waived (Note 3)	(428,509	)
Net expenses	4,431,090
Net investment income	23,679,158
Net Realized and Unrealized Gain (Loss) from Investments and Foreign Currency Related Items
Net realized gain from investments	5,142,740
Net realized gain from foreign currency transactions	89,695
Net change in unrealized appreciation (depreciation) from investments	(13,058,008	)
Net change in unrealized appreciation (depreciation) from foreign currency translations	(786,591	)
Net realized and unrealized loss from investments and foreign currency related items	(8,612,164	)
Net increase in net assets resulting from operations	$ 15,066,994

See Accompanying Notes to Financial Statements. 12

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Credit Suisse High Yield Bond Fund

Statements of Changes in Net Assets

	For the Year Ended October 31, 2011		For the Year Ended October 31, 2010
From Operations
Net investment income	$ 23,679,158		$ 16,713,278
Net realized gain (loss) from investments and foreign currency transactions	5,232,435		(2,784,642	)
Net change in unrealized appreciation (depreciation) from investments and foreign currency translations	(13,844,599	)	21,291,302
Net increase in net assets resulting from operations	15,066,994		35,219,938
From Dividends and Distributions
Dividends from net investment income	(23,874,498	)	(17,200,723	)
Distributions from return of capital			(631,150	)
Net decrease in net assets resulting from dividends and distributions	(23,874,498	)	(17,831,873	)
From Capital Share Transactions (Note 6)
Issuance of 16,879 shares and 38,696 shares through the directors compensation plan (Note 3)	50,035		109,406
Net proceeds from rights offering (Note 8)			50,932,277
Offering costs (Note 8)	(62,923	)	(485,000	)
Reinvestment of dividends	797,400		656,845
Net increase in net assets from capital share transactions	784,512		51,213,528
Net increase (decrease) in net assets	(8,022,992	)	68,601,593
Net Assets
Beginning of year	220,147,414		151,545,821
End of year	$ 212,124,422		$ 220,147,414
Accumulated net investment loss	$ (1,041,808	)	$ (1,241,251	)

See Accompanying Notes to Financial Statements. 13

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Credit Suisse High Yield Bond Fund

Statement of Cash Flows

For the Year Ended October 31, 2011

Cash flows from operating activities — Investment income received	$ 26,150,508
Operating expenses paid	(4,419,769	)
Purchases of long-term securities	(332,042,097	)
Proceeds from sales of long-term securities	292,925,118
Sales of short-term securities, net	14,861,000
Net cash used in operating activities		$ (2,525,240	)
Cash flows from financing activities
Increase in loan payable	28,500,000
Proceeds from issuance of shares	50,035
Offering costs	(62,923	)
Cash dividends paid	(23,077,098	)
Net cash provided by financing activities		5,410,014
Effect of exchange rate on cash		68,874
Net increase in cash		2,953,648
Cash beginning of year		240,566
Cash end of year		$ 3,194,214
RECONCILIATION OF NET INCREASE IN NET ASSETS FROM OPERATIONS TO NET CASH USED IN OPERATING ACTIVITIES
Net increase in net assets resulting from operations		$ 15,066,994
Adjustments to reconcile net increase in net assets from operations to net cash used in operating activities
Change in interest receivable	$ (1,042,502	)
Change in accrued expenses	(5,022	)
Change in interest payable	(11,463	)
Change in prepaid expenses and other assets	1,103
Change in advisory fees payable	26,703
Net amortization of discount on investments	(917,238	)
Purchases of long-term securities	(332,042,097	)
Proceeds from sales of long-term securities	292,925,118
Sales of short-term securities, net	14,861,000
Net change in unrealized depreciation from investments and foreign currency translations	13,844,599
Net realized gain from investments and foreign currency transactions	(5,232,435	)
Total adjustments		(17,592,234	)
Net cash used in operating activities		$ (2,525,240	)
Non-cash activity:
Issuance of shares through dividend reinvestments		$ 797,400

See Accompanying Notes to Financial Statements. 14

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Credit Suisse High Yield Bond Fund

Financial Highlights

Per share operating performance	For the Year Ended — 10/31/11	10/31/10		10/31/09		10/31/08		10/31/07
Net asset value, beginning of year	$ 2.94	$	2.71	$	2.09	$	4.10	$	4.18
INVESTMENT OPERATIONS
Net investment income	0.32		0.30		0.28		0.40 1		0.40 1
Net gain (loss) on investments, swap contracts and foreign currency related items (both realized and unrealized)	(0.12	)	0.32		0.68		(2.00	)	(0.08	)
Total from investment activities	0.20		0.62		0.96		(1.60	)	0.32
LESS DIVIDENDS AND DISTRIBUTIONS
Dividends from net investment income	(0.32	)	(0.31	)	(0.33	)	(0.41	)	(0.40	)
Return of capital			(0.01	)	(0.01	)
Total dividends and distributions	(0.32	)	(0.32	)	(0.34	)	(0.41	)	(0.40	)
CAPITAL SHARE TRANSACTIONS
Decrease to Net Asset Value due to Shares Issued through Rights Offering			(0.07	)
Net asset value, end of year	$ 2.82	$	2.94	$	2.71	$	2.09	$	4.10
Per share market value, end of year	$ 2.95	$	2.92	$	2.62	$	1.97	$	3.65
TOTAL INVESTMENT RETURN 2
Net asset value	6.84	%	21.32	%	53.12	%	(42.45	)%	7.65	%
Market value	12.51	%	24.11	%	59.92	%	(38.20	)%	(10.72	)%
RATIOS AND SUPPLEMENTAL DATA
Net assets, end of year (000s omitted)	$ 212,124	$	220,147	$	151,546	$	116,492	$	228,724
Average debt per share	$ 1.22	$	0.69	$	0.58	$	1.69	$	1.98
Ratio of expenses to average net assets	2.00	%	2.05	%	2.67	%	3.76	%	4.11	%
Ratio of expenses to average net assets excluding interest expense	1.46	%	1.52	%	1.80	%	1.50	%	1.37	%
Ratio of net investment income to average net assets	10.70	%	10.40	%	13.32	%	11.68	%	9.48	%
Decrease reflected in above operating expense ratios due to waivers/reimbursements	0.19	%	0.15	%	0.15	%	0.15	%	0.15	%
Portfolio turnover rate	66.00	%	62.00	%	49.00	%	32.01	%	49.18	%

1 Per share information is calculated using the average shares outstanding method.

2 Total investment return at net asset value is based on changes in the net asset value of fund shares and assumes reinvestment of dividends and distributions, if any. Total investment return at market value is based on changes in the market price at which the fund's shares traded on the stock exchange during the period and assumes reinvestment of dividends and distributions, if any, at actual prices pursuant to the fund's dividend reinvestment program. Because the fund's shares trade in the stock market based on investor demand, the fund may trade at a price higher or lower than its NAV. Therefore, returns are calculated based on share price and NAV.

3 Unaudited.

See Accompanying Notes to Financial Statements. 16

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Per share operating performance — Net asset value, beginning of year	10/31/06 — $ 4.12	$	4.53	$	4.34	$	3.53	$	4.49
INVESTMENT OPERATIONS
Net investment income	0.40		0.47		0.53		0.55		0.65 1
Net gain (loss) on investments, swap contracts and foreign currency related items (both realized and unrealized)	0.11		(0.35	)	0.24		0.87		(0.80	)
Total from investment activities	0.51		0.12		0.77		1.42		(0.15	)
LESS DIVIDENDS AND DISTRIBUTIONS
Dividends from net investment income	(0.42	)	(0.51	)	(0.58	)	(0.61	)	(0.71	)
Return of capital	(0.03	)	(0.02	)					(0.10	)
Total dividends and distributions	(0.45	)	(0.53	)	(0.58	)	(0.61	)	(0.81	)
CAPITAL SHARE TRANSACTIONS
Decrease to Net Asset Value due to Shares Issued through Rights Offering
Net asset value, end of year	$ 4.18	$	4.12	$	4.53	$	4.34	$	3.53
Per share market value, end of year	$ 4.50	$	4.77	$	5.24	$	4.76	$	4.10
TOTAL INVESTMENT RETURN 2
Net asset value	13.13	%	2.62	%	18.98	% 3	43.04	% 3	(4.99	)% 3
Market value	5.23	%	2.71	%	25.49	%	35.07	%	(2.15	)%
RATIOS AND SUPPLEMENTAL DATA
Net assets, end of year (000s omitted)	$ 231,765	$	255,760	$	244,523	$	229,255	$	180,889
Average debt per share	$ 1.96	$	2.05	$	2.05	$	1.81	$	1.99
Ratio of expenses to average net assets	4.20	%	3.27	%	2.51	%	2.57	%	2.91	%
Ratio of expenses to average net assets excluding interest expense	1.65	%	1.68	%	1.70	%	1.73	%	1.78	%
Ratio of net investment income to average net assets	9.67	%	10.72	%	11.99	%	13.85	%	15.17	%
Decrease reflected in above operating expense ratios due to waivers/reimbursements
Portfolio turnover rate	61.91	%	31.05	%	12.10	%	15.96	%	33.22	%

See Accompanying Notes to Financial Statements. 17

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Document name: 11-30384-6.ea

Credit Suisse High Yield Bond Fund

Notes to Financial Statements

October 31, 2011

Note 1. Organization

Credit Suisse High Yield Bond Fund (the "Fund") is a business trust organized under the laws of the State of Delaware on April 30, 1998. The Fund is registered with the Securities and Exchange Commission under the Investment Company Act of 1940, as amended (the "1940 Act"), as a non-diversified, closed-end management investment company. The Fund's primary objective is to seek high current income.

Note 2. Significant Accounting Policies

A) SECURITY VALUATION 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. Equity investments are valued at market value, which is generally determined using the closing price on the exchange or market on which the security is primarily traded at the time of valuation (the "Valuation Time"). If no sales are reported, equity investments are generally valued at the most recent bid quotation as of the Valuation Time or at the lowest asked quotation in the case of a short sale of securities. Equity investments are generally categorized as Level 1. Investments in open-end investment companies are valued at their net asset value each business day and are generally categorized as Level 1. Debt securities with a remaining maturity greater than 60 days are valued in accordance with the price supplied by a pricing service, which may use a matrix, formula or other objective method that takes into consideration market indices, yield curves and other specific adjustments. Debt obligations that will mature in 60 days or less are valued on the basis of amortized cost, which approximates market value, unless it is determined that using this method would not represent fair value. Debt securities are generally categorized as Level 2. Forward currency contracts are valued at the prevailing forward exchange rate of the underlying currencies and are generally categorized as Level 2. Securities and other assets for which market quotations are not readily available, or whose values have been materially affected by events occurring before the Fund's Valuation Time but after the close of the securities' primary markets, are valued at fair value as determined in good faith by, or under the direction of, the Board of Trustees under procedures established by the Board of Trustees and are generally categorized as Level 3. At October 31, 2011, the Fund held 0.06% of its net assets in securities valued at fair value as determined in good faith under procedures established by the Board of Trustees with an aggregate cost of $1,700,782 and fair value of $118,590. The Fund's estimate of fair value assumes a willing buyer and a willing seller neither acting under the compulsion to buy or sell. Although these securities may be resold in privately negotiated transactions, the prices realized on such sales could differ from the prices originally paid by the Fund or the current carrying values, and the difference could be material.

In accordance with the authoritative guidance on fair value measurements and disclosures under accounting principles generally accepted in the United States of America ("GAAP"), the Fund discloses the fair value of its investments in a hierarchy that prioritizes the inputs to valuation techniques used to measure the fair value. In accordance with GAAP, fair value is defined as the price that the Fund would receive upon selling an investment in a timely transaction to an independent buyer in the principal or most advantageous market of the investment. GAAP established a three-tier hierarchy to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk, for example, the risk inherent in a particular valuation technique used to measure fair value including such a pricing model and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs are inputs that reflect the assumptions market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of the reporting entity. Unobservable inputs are inputs that reflect the reporting entity's own assumptions about the

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Notes to Financial Statements (continued)

October 31, 2011

assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. In accordance with the Fund's valuation procedures, factors used in determining value may include, but are not limited to, the type of the security, the size of the holding, the initial cost of the security, the existence of any contractual restrictions on the security's disposition, the price and extent of public trading in similar securities of the issuer or of comparable companies, quotations or evaluated prices from broker-dealers and/or pricing services, information obtained from the issuer, analysts, and/or the appropriate stock exchange (for exchange-traded securities), an analysis of the company's or issuer's financial statements, an evaluation of the forces that influence the issuer and the market(s) in which the security is purchased and sold and with respect to debt securities, the maturity, coupon, creditworthiness, currency denomination, and the movement of the market in which the security is normally traded. The three-tier hierarchy of inputs is 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 methodology used for valuing 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 October 31, 2011 in valuing the Fund's investments carried at value:

	Level 1	Level 2			Total
Investments in Securities
Corporate Bonds	$	$ 268,325,035	$	67	$ 268,325,102
Bank Loans		20,599,556			20,599,556
Common Stocks	915,744				915,744
Preferred Stocks	352,784				352,784
Warrants	1,279			118,523	119,802
Short-Term Investments	7,653,298	4,509,000			12,162,298
Other Financial Instruments*
Forward Foreign Currency Contract		(702,440	)		(702,440	)
	$ 8,923,105	$ 292,731,151	$	118,590	$ 301,772,846

Other financial instruments include futures, forwards and swap contracts.

The following is a reconciliation of investments as of October 31, 2011 in which significant unobservable inputs (Level 3) were used in determining value. Transfers in or out of Level 3 represent the beginning value of any security or instrument where a change in the level has occurred from the beginning to the end of the period.

Balance as of October 31, 2010	Investments — $ 1,204
Accrued discounts/premiums	2,675
Purchases	2,890,251
Sales	(246,570	)
Realized Gain/(Loss)	183,625
Change in Unrealized Appreciation/(Depreciation)	54,956
Transfers Into Level 3	59,933
Transfers Out of Level 3	(2,827,484	)
Balance as of October 31, 2011	$ 118,590
Net change in unrealized Appreciation/(Depreciation) from investments still held as of October 31, 2011	$ 116,677

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Credit Suisse High Yield Bond Fund

Notes to Financial Statements (continued)

October 31, 2011

The Fund adopted FASB amendments to authoritative guidance which require the Fund to disclose details of significant transfers in and out of Level 1 and Level 2 measurements and the reasons for the transfers. For the year ended October 31, 2011, there were no significant transfers in and out of Level 1 and Level 2.

B) DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES The Fund adopted amendments to authoritative guidance on disclosures about derivative instruments and hedging activities which require that the Fund disclose (a) how and why an entity uses derivative instruments, (b) how derivative instruments and hedging activities are accounted for, and (c) how derivative instruments and related hedging activities affect a fund's financial position, financial performance, and cash flows.

Fair Values of Derivative Instruments as of October 31, 2011

	Asset Derivatives — Balance Sheet Location	Fair Value	Liability Derivatives — Balance Sheet Location	Fair Value
	Net Assets		Liabilities
Forward Foreign	Unrealized		Unrealized
Currency Contracts	Appreciation	$ 0	Depreciation	$ 702,440	*

Includes cumulative appreciation/depreciation of forward foreign currency contracts as reported in the Statement of Assets and Liabilities and Notes to Financial Statements.

Effect of Derivative Instruments on the Statement of Operations

Amount of Realized Gain (Loss) on Derivatives Recognized in Income Forward Foreign Currency Contracts	$
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income Forward Foreign Currency Contracts	$ (765,771	)

The notional amount of forward foreign currency contracts at period end are reflected in the Notes to Financial Statements. The notional amounts of forward foreign currency contracts at each month end throughout the reporting period averaged approximately 6.8% of net assets of the Fund.

C) FOREIGN CURRENCY TRANSACTIONS The books and records of the Fund are maintained in U.S. dollars. Transactions denominated in foreign currencies are recorded at the current prevailing exchange rates. All assets and liabilities denominated in foreign currencies are translated into U.S. dollar amounts at the current exchange rate at the end of the period. Translation gains or losses resulting from changes in the exchange rate during the reporting period and realized gains and losses on the settlement of foreign currency transactions are reported in the results of operations for the current period. The Fund does not isolate that portion of realized gains and losses on investments in equity securities which is due to changes in the foreign exchange rate from that which is due to changes in market prices of equity securities. The Fund isolates that portion of realized gains and losses on investments in debt securities which is due to changes in the foreign exchange rate from that which is due to changes in market prices of debt securities.

D) SECURITY TRANSACTIONS AND INVESTMENT INCOME Security transactions are accounted for on a trade date basis. Interest income is recorded on the accrual basis. The Fund amortizes premiums and accretes discounts using the effective interest method. Dividends are recorded on the ex-dividend date. The cost of investments sold is determined by use of the specific identification method for both financial reporting and income tax purposes.

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Credit Suisse High Yield Bond Fund

Notes to Financial Statements (continued)

October 31, 2011

E) DIVIDENDS AND DISTRIBUTIONS TO SHAREHOLDERS The Fund declares and pays dividends on a monthly basis. Distributions of net realized capital gains, if any, are declared and paid at least annually. However, to the extent that a net realized capital gain can be reduced by a capital loss carryforward, such gain will not be distributed. Income and capital gain distributions are determined in accordance with federal income tax regulations, which may differ from GAAP.

The Fund's dividend policy is to distribute substantially all of its net investment income to its shareholders on a monthly basis. However, in order to provide shareholders with a more consistent yield to the current trading price of shares of beneficial interest of the Fund, the Fund may at times pay out less than the entire amount of net investment income earned in any particular month and may at times in any month pay out such accumulated but undistributed income in addition to net investment income earned in that month. As a result, the dividends paid by the Fund for any particular month may be more or less than the amount of net investment income earned by the Fund during such month.

F) FEDERAL INCOME TAXES No provision is made for federal taxes as it is the Fund's intention to continue to qualify for and elect the tax treatment applicable to regulated investment companies under the Internal Revenue Code of 1986, as amended, and to make the requisite distributions to its shareholders, which will be sufficient to relieve it from federal income and excise taxes.

The Fund adopted the authoritative guidance for uncertainty in income taxes and recognizes a tax benefit or liability from an uncertain position only if it is more likely than not that the position is sustainable based solely on its technical merits and consideration of the relevant taxing authority's widely understood administrative practices and procedures. The Fund has reviewed its current tax positions and has determined that no provision for income tax is required in the Fund's financial statements. The Fund's federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

G) USE OF ESTIMATES The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of income and expenses during the reporting period. Actual results could differ from these estimates.

H) SHORT-TERM INVESTMENTS The Fund, together with other funds/portfolios advised by Credit Suisse Asset Management, LLC ("Credit Suisse"), an indirect, wholly-owned subsidiary of Credit Suisse Group AG, pools available cash into a short-term variable rate time deposit issued by State Street Bank and Trust Company ("SSB"), the Fund's custodian. The short-term time deposit issued by SSB is a variable rate account classified as a short-term investment.

I) CASH FLOW INFORMATION Cash, as used in the Statement of Cash Flows, is the amount reported in the Statement of Assets and Liabilities. The Fund invests in securities and distributes dividends from net investment income and net realized gains, if any (which are either paid in cash or reinvested at the discretion of shareholders). These activities are reported in the Statement of Changes in Net Assets. Information on cash payments is presented in the Statement of Cash Flows. Accounting practices that do not affect reporting activities on a cash basis include unrealized gain or loss on investment securities and accretion or amortization income recognized on investment securities.

J) FORWARD FOREIGN CURRENCY CONTRACTS The Fund may enter into forward foreign currency contracts for the purchase or sale of a specific foreign currency at a fixed price on a future date. Risks may arise upon entering into these contracts from the potential inability of counterparties to meet the terms of their

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Credit Suisse High Yield Bond Fund

Notes to Financial Statements (continued)

October 31, 2011

contracts and from unanticipated movements in the value of a foreign currency. The Fund will enter into forward foreign currency contracts primarily for hedging foreign currency risk. Forward foreign currency contracts are adjusted by the daily forward exchange rate of the underlying currency and any gains or losses are recorded for financial statement purposes as unrealized until the contract settlement date or an offsetting position is entered into. At October 31, 2011, the Fund had the following open forward foreign currency contract:

Forward Foreign Currency to be Purchased (Local)		Forward Foreign Currency to be Sold (Local)		Expiration Date	Counterparty	Value on Settlement Date		Current Value		Unrealized Appreciation/ (Depreciation)
USD	25,924,730	EUR	19,100,000	01/13/12	Morgan Stanley	$ (25,924,730	)	$ (26,627,170	)	$ (702,440	)

Currency Abbreviations:

EUR Euro Currency

USD United States Dollar

K) SECURITIES LENDING Loans of securities are required at all times to be secured by collateral at least equal to 102% of the market value of domestic securities on loan (including any accrued interest thereon) and 105% of the market value of foreign securities on loan (including any accrued interest thereon). Cash collateral received by the Fund in connection with securities lending activity may be pooled together with cash collateral for other funds/portfolios advised by Credit Suisse and may be invested in a variety of investments, including funds advised by SSB, the Fund's securities lending agent, or money market instruments. However, in the event of default or bankruptcy by the other party to the agreement, realization and/or retention of the collateral may be subject to legal proceedings.

SSB has been engaged by the Fund to act as the Fund's securities lending agent. The Fund's securities lending arrangement provides that the Fund and SSB will share the net income earned from securities lending activities. During the year ended October 31, 2011, total earnings from the Fund's investment in cash collateral received in connection with securities lending arrangements was $108,896 of which $43 was rebated to borrowers (brokers). The Fund retained $87,169 in income from the cash collateral investment, and SSB, as lending agent, was paid $21,684. Securities lending income is accrued as earned.

L) OTHER Lower-rated debt securities (commonly known as "junk bonds") possess speculative characteristics and are subject to greater market fluctuations and risk of lost income and principal than higher-rated debt securities for a variety of reasons. Also, during an economic downturn or substantial period of rising interest rates, highly leveraged issuers may experience financial stress which would adversely affect their ability to service their principal and interest payment obligations, to meet projected business goals and to obtain additional financing.

In addition, periods of economic uncertainty and changes can be expected to result in increased volatility of market prices of lower-rated debt securities and the Fund's net asset value.

M) SUBSEQUENT EVENTS In preparing the financial statements as of October 31, 2011, management considered the impact of subsequent events for potential recognition or disclosure in these financial statements through the date of release of this report.

On December 8, 2011, the Fund filed a "shelf" registration statement with the SEC, which would permit the Fund to issue up to $50 million in shares of common stock through one or more public offerings. Under the shelf registration statement, the Fund may sell the Fund's common shares in one or more at-the-market offerings when market conditions are considered favorable. Such shares would only be issued when the premium to net asset value is greater than the costs associated with the transaction. Any proceeds raised would be used for investment purposes.

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Credit Suisse High Yield Bond Fund

Notes to Financial Statements (continued)

October 31, 2011

Note 3. Transactions with Affiliates and Related Parties

The Fund has entered into an Investment Advisory Agreement (the "Advisory Agreement") with Credit Suisse. The Advisory Agreement provides for a fee at the annual rate of 1.00% of the first $250 million of the average weekly value of the Fund's total assets minus the sum of liabilities (other than aggregate indebtedness constituting leverage) and 0.75% of the average weekly value of the Fund's total assets minus the sum of liabilities (other than aggregate indebtedness constituting leverage) greater than $250 million. Effective January 1, 2007, Credit Suisse agreed to waive 0.15% of the fees payable under the Advisory Agreement. Effective January 1, 2011, Credit Suisse agreed to waive 0.15% of the fees payable under the Advisory Agreement up to $200 million and 0.25% of the fees payable under the Advisory Agreement on the next $50 million. For the year ended October 31, 2011, investment advisory fees earned and voluntarily waived were $2,974,576 and $428,509, respectively. Credit Suisse will not recapture from the Fund any fees it waived during the year ended October 31, 2011. Fee waivers and expense reimbursements are voluntary and may be discontinued by Credit Suisse at any time.

SSB serves as Accounting and Administrative Agent for the Fund. For its administrative services, SSB receives a fee, exclusive of out-of-pocket expenses, calculated in total for all the Credit Suisse funds/portfolios co-administered by SSB and allocated based upon the relative average net assets of each fund/portfolio, subject to an annual minimum fee. For the year ended October 31, 2011, administrative services fees earned by SSB (including out-of-pocket expenses) were $141,111.

The Independent Trustees receive fifty percent (50%) of their annual retainer in the form of shares. Since 2008, the Independent Trustees have been able to elect to receive up to 100% of their annual retainer in shares of the Fund. During the year ended October 31, 2011, 16,879 shares were issued through the trustees compensation plan. Trustees as a group own less than 1% of the Fund's outstanding shares.

Merrill Corporation ("Merrill"), an affiliate of Credit Suisse, has been engaged by the Fund to provide certain financial printing services. For the year ended October 31, 2011, Merrill was paid $31,780 for its services by the Fund.

Note 4. Line of Credit

The Fund has a line of credit provided by SSB primarily to leverage its investment portfolio (the "SSB Agreement"). At October 31, 2011, under the SSB Agreement, the Fund may borrow the least of: a) $100,000,000; b) an amount that is no greater than 31% of the Fund's total assets minus the sum of liabilities (other than aggregate indebtedness constituting leverage); and c) the Borrowing Base as defined in the SSB Agreement. Effective December 9, 2011, the Fund may borrow the least of: a) $140,000,000; b) an amount that is no greater than 33 1/3% of the Fund's total assets minus the sum of liabilities (other than aggregate indebtedness constituting leverage); and c) the Borrowing Base as defined in the SSB Agreement. At October 31, 2011, the Fund had loans outstanding under the Agreement of $89,000,000. During the year ended October 31, 2011, the Fund had borrowings under the Agreement as follows:

Average Daily Loan Balance		Maximum Daily Loan Outstanding
$ 91,963,014	1.289 %	$ 100,000,000

The use of leverage by the Fund creates an opportunity for increased net income and capital appreciation for the Fund, but, at the same time, creates special risks, and there can be no assurance that a leveraging strategy will be successful during any period in which it is employed. The Fund intends to utilize leverage to provide the shareholders with a potentially higher return. Leverage creates risks for shareholders including the likelihood of

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Credit Suisse High Yield Bond Fund

Notes to Financial Statements (continued)

October 31, 2011

greater volatility of net asset value and market price of the Fund's shares and the risk that fluctuations in interest rates on borrowings and short-term debt may affect the return to shareholders. To the extent the income or capital appreciation derived from securities purchased with funds received from leverage exceeds the cost of leverage, the Fund's return will be greater than if leverage had not been used. Conversely, if the income or capital appreciation from the securities purchased with such funds is not sufficient to cover the cost of leverage, the return to the Fund will be less than if leverage had not been used, and therefore the amount available for distribution to shareholders as dividends and other distributions will be reduced. In the latter case, Credit Suisse in its best judgment nevertheless may determine to maintain the Fund's leveraged position if it deems such action to be appropriate under the circumstances. During periods in which the Fund is utilizing leverage, the management fee will be higher than if the Fund did not utilize a leveraged capital structure because the fee is calculated as a percentage of the managed assets including those purchased with leverage.

Certain types of borrowings by the Fund may result in the Fund's being subject to covenants in credit agreements, including those relating to asset coverage and portfolio composition requirements. The Fund's lenders may establish guidelines for borrowing which may impose asset coverage or portfolio composition requirements that are more stringent than those imposed by the 1940 Act. There is no guarantee that the Fund's borrowing arrangements or other arrangements for obtaining leverage will continue to be available, or if available, will be available on terms and conditions acceptable to the Fund. Expiration or termination of available financing for leveraged positions can result in adverse effects to its access to liquidity and its ability to maintain leverage positions, and may cause the Fund to incur losses. Unfavorable economic conditions also could increase funding costs, limit access to the capital markets or result in a decision by lenders not to extend credit to the Fund. In addition, a decline in market value of the Fund's assets may have particular adverse consequences in instances where they have borrowed money based on the market value of those assets. A decrease in market value of those assets may result in the lender requiring the Fund to sell assets at a time when it may not be in the Fund's best interest to do so.

Note 5. Purchases and Sales of Securities

For the year ended October 31, 2011, purchases and sales of investment securities (excluding short-term investments) were $249,499,845 and $202,099,894, respectively.

Note 6. Fund Shares

The Fund has one class of shares of beneficial interest, par value $.001 per share; an unlimited number of shares are authorized. Transactions in shares of beneficial interest of the Fund were as follows:

Shares issued through the trustees compensation plan	16,879	38,696
Shares issued through rights offering		18,725,102
Shares issued through reinvestment of dividends	269,290	230,947
Net increase	286,169	18,994,745

Note 7. Federal Income Taxes

Income and capital gain distributions are determined in accordance with federal income tax regulations, which may differ from GAAP.

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Credit Suisse High Yield Bond Fund

Notes to Financial Statements (continued)

October 31, 2011

The tax characteristics of dividends and distributions paid during the years ended October 31, 2011 and 2010, respectively, by the Fund were as follows:

Ordinary Income — 2011	2010	Return of Capital — 2011	2010
$ 23,874,498	$ 17,200,723	$ 0	$ 631,150

The tax basis components of distributable earnings differ from the amounts reflected in the Statement of Assets and Liabilities by temporary book/tax differences. These differences are primarily due to losses deferred on wash sales, income from defaulted bonds and mark to market of forward contracts. At October 31, 2011, the components of distributable earnings on a tax basis were as follows:

Undistributed net investment income	47,843
Accumulated realized loss	(87,743,811	)
Unrealized depreciation	(10,550,731	)
$	(98,246,699	)

At October 31, 2011, the Fund had capital loss carryforwards available to offset possible future capital gains as follows:

Expires October 31, — 2012	2013	2014	2016	2017	2018
$ 6,096,544	$ 1,583,878	$ 8,944,708	$ 24,144,149	$ 40,767,194	$ 6,207,338

During the tax year ended October 31, 2011, the Fund utilized $3,455,175 of the capital loss carryforwards and $4,836,064 of the capital loss carryforwards expired.

Under the Regulated Investment Company Modernization Act of 2010, the Fund will be permitted to carry forward capital losses incurred in taxable years beginning after December 22, 2010 for an unlimited period. However, any losses incurred during those future taxable years will be required to be utilized prior to the losses incurred in pre-enactment taxable years. As a result of this ordering rule, pre-enactment capital loss carryforwards may be more likely to expire unused. Additionally, post-enactment capital losses that are carried forward will retain their character as either short-term or long-term capital losses rather than being considered all short-term as under previous law. It is uncertain whether the Fund will be able to realize the full benefits of the capital loss carryforwards before they expire.

At October 31, 2011, the identified cost for federal income tax purposes, as well as the gross unrealized appreciation from investments for those securities having an excess of value over cost, gross unrealized depreciation from investments for those securities having an excess of cost over value and the net unrealized depreciation from investments were $313,023,414, $10,303,645, $(20,851,773) and $(10,548,128), respectively.

At October 31, 2011, the Fund reclassified $394,783 to net investment loss and $4,441,281 to accumulated net realized loss from investments from paid in capital, to adjust for current period permanent book/tax differences. These permanent differences are due to differing book/tax treatments of foreign currency gain/(loss), defaulted bonds and expiration of capital loss carryforwards. Net assets were not affected by these reclassifications.

Note 8. Rights Offering

On August 25, 2010, the Board of Trustees of the Fund announced the approval of the transferable rights offering for the Fund. The Fund issued to its shareholders of record as of the close of business on September 13,

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Credit Suisse High Yield Bond Fund

Notes to Financial Statements (continued)

October 31, 2011

2010, transferable rights (with an expiration date of October 15, 2010) to subscribe for up to an aggregate of 18,725,102 Common Shares of Beneficial Interest ("Shares") of the Fund at a rate of one Share for three rights held at the subcription price of $2.72 per share. During October 2010, the Fund issued a total of 18,725,102 Shares upon the exercise of such rights. Rights' offering costs of $485,000 was charged to capital during the fiscal year ended October 31, 2010, and $62,923 was charged to capital during the year ended October 31, 2011. The net asset value of the Fund's Shares were reduced by $0.07 as a result of the Offer, which includes the effect of the offering costs.

Note 9. Contingencies

In the normal course of business, the Fund may provide general indemnifications pursuant to certain contracts and organizational documents. The Fund's maximum exposure under these arrangements is dependent on future claims that may be made against the Fund and, therefore, cannot be estimated; however, based on experience, the risk of loss from such claims is considered remote.

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Credit Suisse High Yield Bond Fund

Report of Independent Registered Public Accounting Firm

To the Board of Trustees and Shareholders of Credit Suisse High Yield Bond Fund:

In our opinion, the accompanying statement of assets and liabilities, including the schedule of investments, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of Credit Suisse High Yield Bond Fund (the "Fund"), at October 31, 2011, the results of its operations for the year then ended and the changes in its net assets and financial highlights for the periods presented, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as "financial statements") are the responsibility of the Fund's management. Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audit, which included confirmation of securities at October 31, 2011 by correspondence with the custodian, brokers, agent banks and the application of alternative auditing procedures where confirmations had not been received, provides a reasonable basis for our opinion.

PricewaterhouseCoopers LLP

Boston, Massachusetts December 21, 2011

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Credit Suisse High Yield Bond Fund

Information Concerning Trustees and Officers (unaudited)

Name, Address (Year of Birth)	Position(s) Held with Fund	Term of Office and Length of Time Served	Principal Occupation(s) During Past Five Years		Other Directorships Held by Trustee
Independent Trustees
Enrique Arzac c/o Credit Suisse Asset Management, LLC Attn: General Counsel Eleven Madison Avenue New York, New York 10010 (1941 )	Chairman of the Board of Trustees; Audit Committee Member and Nominating Committee Chairman	Chairman since 2005 and Trustee since 2001; current term ends at the 2014 annual meeting	Professor of Finance and Economics, Graduate School of Business, Columbia University since 1971.	6	Director of Epoch Holding Corporation (an investment management and investment advisory services company); Director of The Adams Express Company, Director of Petroleum and Resources Corporation, Director of Aberdeen Asset Management-advised Funds (six closed-end investment companies); Director of Mirae Asset Discovery Funds (open-end investment companies).
Terry F. Bovarnick c/o Credit Suisse Asset Management, LLC Attn: General Counsel Eleven Madison Avenue New York, New York 10010 (1958 )	Trustee; Audit and Nominating Committee Member	Since 2006; current term ends at the 2014 annual meeting	Currently retired.	2	None
James Cattano c/o Credit Suisse Asset Management, LLC Attn: General Counsel Eleven Madison Avenue New York, New York 10010 (1943 )	Trustee; Audit Committee Chairman and Nominating Committee Member	Since 2006; current term ends at the 2012 annual meeting	Currently retired. President, Primary Resources, Inc. (an international trading and manufacturing company specializing in the sale of agricultural commodities throughout Latin American markets) since October 1996.	2	Director of Aberdeen Asset Management-advised Funds (five closed-end investment companies).
Lawrence J. Fox One Logan Square 18th & Cherry Streets Philadelphia, Pennsylvania 19103 (1943 )	Trustee and Nominating Committee Member	Since 2001; current term ends at the 2013 annual meeting	Partner of Drinker Biddle & Reath (law firm) since 1972.	2	Director of Aberdeen Asset Management-advised Funds (four closed-end investment companies).

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Credit Suisse High Yield Bond Fund

Information Concerning Trustees and Officers (unaudited) (continued)

Name, Address (Year of Birth)	Position(s) Held with Fund	Term of Office and Length of Time Served	Principal Occupation(s) During Past Five Years		Other Directorships Held by Trustee
Independent Trustees
Steven N. Rappaport Lehigh Court, LLC 555 Madison Avenue 29th Floor New York, New York 10022 (1948 )	Trustee; Audit and Nominating Committee Member	Since 2005; current term ends at the 2012 annual meeting	Partner of Lehigh Court, LLC and RZ Capital (private investment firms) from July 2002 to present.	6	Director of iCAD, Inc. (surgical and medical instruments and apparatus company); Director of Presstek, Inc. (digital imaging technologies company); Director of Wood Resources, LLC. (plywood manufacturing company); Director of Aberdeen Asset Management-advised Funds (five closed-end investment companies).

SEQ.=32,FOLIO='29',FILE='11-30384-6.ea',USER='dbaker',CD='Jan 13 15:27 2012'

Credit Suisse High Yield Bond Fund

Information Concerning Trustees and Officers (unaudited) (continued)

Name, Address (Year of Birth)	Position(s) Held with Fund	Term of Office and Length of Time Served	Principal Occupation(s) During Past Five Years
Officers**
John Popp Credit Suisse Asset Management, LLC Eleven Madison Avenue New York, New York 10010 (1956 )	Chief Executive Officer and President	Since 2010	Managing Director of Credit Suisse; Group Manager and Senior Portfolio Manager for Performing Credit Strategies; Associated with Credit Suisse or its predecessor since 1997; Officer of other Credit Suisse Funds.
Thomas J. Flannery Credit Suisse Asset Management, LLC Eleven Madison Avenue New York, New York 10010 (1974 )	Chief Investment Officer	Since 2010	Managing Director of Credit Suisse and Head of the Credit Suisse US High Yield Management Team; Associated with Credit Suisse Group AG since 2000; Officer of other Credit Suisse Funds.
Emidio Morizio Credit Suisse Asset Management, LLC One Madison Avenue New York, New York 10010 (1966 )	Chief Compliance Officer	Since 2004	Managing Director and Global Head of Compliance of Credit Suisse; Associated with Credit Suisse since July 2000; Officer of other Credit Suisse Funds.
Michael A. Pignataro Credit Suisse Asset Management, LLC Eleven Madison Avenue New York, New York 10010 (1959 )	Chief Financial Officer	Since 2001	Director and Director of Fund Administration of Credit Suisse; Associated with Credit Suisse or its predecessor since 1984; Officer of other Credit Suisse Funds.
Roger Machlis Credit Suisse Asset Management, LLC One Madison Avenue New York, New York 10010 (1961 )	Chief Legal Officer	Since 2010	Managing Director and General Counsel for Credit Suisse; Associated with Credit Suisse Group AG since 1997; Officer of other Credit Suisse Funds.

SEQ.=33,FOLIO='30',FILE='11-30384-6.ea',USER='dbaker',CD='Jan 13 15:27 2012'

Credit Suisse High Yield Bond Fund

Information Concerning Trustees and Officers (unaudited) (continued)

Name, Address (Year of Birth)	Position(s) Held with Fund	Term of Office and Length of Time Served	Principal Occupation(s) During Past Five Years
Officers**
Cecilia Chau Credit Suisse Asset Management, LLC Eleven Madison Avenue New York, New York 10010 (1973 )	Treasurer	Since 2008	Vice President of Credit Suisse since 2009; Assistant Vice President of Credit Suisse from June 2007 to December 2008; Associated with Alliance Bernstein L.P. from January 2007 to May 2007; Associated with Credit Suisse from August 2000 to December 2006; Officer of other Credit Suisse Funds.
Karen Regan Credit Suisse Asset Management, LLC Eleven Madison Avenue New York, New York 10010 (1963 )	Senior Vice President and Secretary	Since 2010	Vice President of Credit Suisse; Associated with Credit Suisse since December 2004; Officer of other Credit Suisse Funds.

** The officers of the Fund shown are officers that make policy decisions.

SEQ.=34,FOLIO='31',FILE='11-30384-6.ea',USER='dbaker',CD='Jan 13 15:27 2012'

Credit Suisse High Yield Bond Fund

Proxy Voting and Portfolio Holdings Information (unaudited)

Information regarding how the Fund voted proxies related to its portfolio securities during the 12 month period ended June 30 of each year, as well as the policies and procedures that the Fund uses to determine how to vote proxies relating to its portfolio securities are available:

• By calling 1-800-293-1232

• On the Fund's website, www.credit-suisse.com/us

• On the website of the Securities and Exchange Commission, www.sec.gov.

The Fund files a complete schedule of its portfolio holdings for the first and third quarters of its fiscal year with the SEC on Form N-Q. The Fund's Forms N-Q are available on the SEC's website at www.sec.gov and may be reviewed and copied at the SEC's Public Reference Room in Washington, DC. Information on the operation of the SEC's Public Reference Room may be obtained by calling 1-202-551-8090.

Other Funds Managed by Credit Suisse Asset Management, LLC

CLOSED-ENDED FUNDS

Fixed Income

Credit Suisse Asset Management Income Fund, Inc. (NYSE Amex: CIK)

Credit Suisse High Yield Bond Fund (NYSE Amex: DHY)

Literature Request Call today for free descriptive information on the closed-ended funds listed above at 1-800-293-1232 or visit our website at www.credit-suisse.com/us.

OPEN-END FUNDS

Credit Suisse Commodity Return Strategy Fund

Credit Suisse Floating Rate High Income Fund

Fund shares are not deposits or other obligation of Credit Suisse Asset Management, LLC or any affiliate, are not FDIC-insured and are not guaranteed by Credit Suisse Asset Management, LLC or any affiliate. Fund investments are subject to investment risks, including loss of your investment. There are special risk considerations associated with international, global, emerging-markets, small-company, private equity, high-yield debt, single-industry, single-country and other special, aggressive or concentrated investment strategies. Past performance cannot guarantee future results.

More complete information about a fund, including charges and expenses, is provided in the Prospectus, which should be read carefully before investing. You may obtain copies by calling Credit Suisse Funds at 1-877-870-2874. Performance information current to the most recent month-end is available at www.credit-suisse.com/us.

Credit Suisse Asset Management Securities, Inc., Distributor.

SEQ.=35,FOLIO='32',FILE='11-30384-6.ea',USER='dbaker',CD='Jan 13 15:27 2012'

Credit Suisse High Yield Bond Fund

Dividend Reinvestment and Cash Purchase Plan (unaudited)

Credit Suisse High Yield Bond Fund (the "Fund") offers a Dividend Reinvestment and Cash Purchase Plan (the "Plan") to its common stockholders. The Plan offers common stockholders a prompt and simple way to reinvest net investment income dividends and capital gains and other periodic distributions in shares of the Fund's common stock. Computershare Trust Company, N.A. ("Computershare") acts as Plan Agent for stockholders in administering the Plan.

If your shares of common stock of the Fund are registered in your own name, you will automatically participate in the Plan, unless you have indicated that you do not wish to participate and instead wish to receive dividends and capital gains distributions in cash. If you are a beneficial owner of the Fund having your shares registered in the name of a bank, broker or other nominee, you must first make arrangements with the organization in whose name your shares are registered to have the shares transferred into your own name. Registered shareholders can join the Plan via the Internet by going to www.computershare.com, authenticating your online account, agreeing to the Terms and Conditions of online "Account Access" and completing an online Plan Enrollment Form. Alternatively, you can complete the Plan Enrollment Form and return it to Computershare at the address below.

By participating in the Plan, your dividends and distributions will be promptly paid to you in additional shares of common stock of the Fund. The number of shares to be issued to you will be determined by dividing the total amount of the distribution payable to you by the greater of (i) the net asset value per share ("NAV") of the Fund's common stock on the payment date, or (ii) 95% of the market price per share of the Fund's common stock on the payment date. If the NAV of the Fund's common stock is greater than the market price (plus estimated brokerage commissions) on the payment date, then Computershare (or a broker-dealer selected by Computershare) shall endeavor to apply the amount of such distribution on your shares to purchase shares of Fund common stock in the open market.

You should be aware that all net investment income dividends and capital gain distributions are taxable to you as ordinary income and capital gain, respectively, whether received in cash or reinvested in additional shares of the Fund's common stock.

The Plan also permits participants to purchase shares of the Fund through Computershare. You may invest $100 or more monthly, with a maximum of $100,000 in any annual period. Computershare will purchase shares for you on the open market on the 25th of each month or the next trading day if the 25th is not a trading day.

There is no service fee payable by Plan participants for dividend reinvestment. For voluntary cash payments, Plan participants must pay a service fee of $5.00 per transaction. Plan participants will also be charged a pro rata share of the brokerage commissions for all open market purchases ($0.03 per share as of October 2006). Participants will also be charged a service fee of $5.00 for each sale and brokerage commissions of $0.03 per share (as of October 2006).

You may terminate your participation in the Plan at any time by notifying Computershare or requesting a sale of your shares held in the Plan. Your withdrawal will be effective immediately if your notice is received by Computershare prior to any dividend or distribution record date; otherwise, such termination will be effective only with respect to any subsequent dividend or distribution. Your dividend participation option will remain the same unless you withdraw all of your whole and fractional Plan shares, in which case your participation in the Plan will be terminated and you will receive subsequent dividends and capital gains distributions in cash instead of shares.

SEQ.=36,FOLIO='33',FILE='11-30384-6.ea',USER='dbaker',CD='Jan 13 15:27 2012'

Credit Suisse High Yield Bond Fund

Dividend Reinvestment and Cash Purchase Plan (unaudited) (continued)

If you want further information about the Plan, including a brochure describing the Plan in greater detail, please contact Computershare as follows:

By Internet: www.computershare.com

By phone: (800) 730-6001 (U.S. and Canada) (781) 575-3100 (Outside U.S. and Canada)

Customer service associates are available from 9:00 a.m. to 5:00 p.m. Eastern time, Monday through Friday

By mail: Credit Suisse High Yield Bond Fund c/o Computershare P.O. Box 43078 Providence, Rhode Island 02940-3078

All notices, correspondence, questions or other communications sent by mail should be sent by registered or certified mail, return receipt requested.

The Plan may be terminated by the Fund or Computershare upon notice in writing mailed to each participant at least 30 days prior to any record date for the payment of any dividend or distribution.

SEQ.=37,FOLIO='34',FILE='11-30384-6.ea',USER='dbaker',CD='Jan 13 15:27 2012'

Document name: 11-30384-6.za

This report, including the financial statements herein, is sent to the shareholders of the Fund for their information. It is not a prospectus, circular or representation intended for use in the purchase or sale of shares of the Fund or of any securities mentioned in this report.

DHY-AR-1011

SEQ.=38,FOLIO='',FILE='11-30384-6.za',USER='105912',CD='Dec 30 12:10 2011'

*Item 12. Exhibits.*

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

SEQ.=1,FOLIO='',FILE='C:\JMS\106466\11-30384-5\task5046960\30384-5-gc.htm',USER='106466',CD='Jan 18 02:01 2012'

*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
Date:	January 18, 2012

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
Date:	January 18, 2012
/s/ Michael A. Pignataro
Name:	Michael A. Pignataro
Title:	Chief Financial Officer
Date:	January 18, 2012

SEQ.=1,FOLIO='',FILE='C:\JMS\106466\11-30384-5\task5046960\30384-5-jd.htm',USER='106466',CD='Jan 18 02:04 2012'

AI Terminal

CREDIT SUISSE HIGH YIELD CREDIT FUND

Variable rate obligations - The interest rate is the rate as of October 31, 2011.

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