Credit Suisse Floating Rate High Income Fund (CHIAX)
The investment seeks high current income; capital appreciation is a secondary consideration. The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in high yield, fixed income securities (commonly referred to as "junk bonds"). The high yield, fixed income securities in which the fund will invest for purposes of this 80% policy will consist entirely of senior secured floating rate loans ("Senior Loans") issued by non-investment grade companies. It may invest up to 30% of its total assets in securities of non-U.S. issuers.
Fund Info
US22540S8778
22540S877
Mar 7, 1999
$2,500
Expense Ratio
CHIAX has a high expense ratio of 0.95%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Credit Suisse Floating Rate High Income Fund (CHIAX) returned 0.59% year-to-date (YTD) and 5.83% over the past 12 months. Over the past 10 years, CHIAX returned 4.38% annually, underperforming the S&P 500 benchmark at 10.87%.
CHIAX
0.59%
1.77%
2.25%
5.83%
7.54%
4.38%
^GSPC (Benchmark)
1.30%
12.79%
1.49%
12.35%
15.37%
10.87%
Monthly Returns
The table below presents the monthly returns of CHIAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.67% | 0.10% | -0.65% | -0.01% | 0.48% | 0.59% | |||||||
| 2024 | 1.55% | 0.93% | -0.15% | 1.19% | 0.92% | -0.16% | 1.47% | -0.31% | 1.31% | 0.56% | 1.12% | 0.52% | 9.30% |
| 2023 | 3.50% | 0.46% | -0.07% | 0.64% | 0.51% | 2.20% | 1.44% | 1.10% | -0.16% | 0.59% | 1.22% | 0.63% | 12.69% |
| 2022 | 0.10% | -0.35% | -0.01% | -0.46% | -1.81% | -2.46% | 1.77% | 1.87% | -2.49% | 0.93% | 0.94% | -0.48% | -2.53% |
| 2021 | 0.92% | 0.62% | 0.57% | 0.44% | 0.30% | 0.70% | -0.30% | 0.59% | 0.59% | -0.30% | 0.07% | 0.74% | 5.04% |
| 2020 | 0.85% | -1.56% | -12.94% | 2.89% | 3.66% | 2.38% | 1.64% | 1.48% | 0.76% | 0.36% | 2.33% | 1.56% | 2.32% |
| 2019 | 1.96% | 1.29% | -0.31% | 1.45% | -0.46% | 0.12% | 0.57% | -0.18% | 0.25% | -0.48% | 0.68% | 1.62% | 6.68% |
| 2018 | 0.63% | 0.03% | 0.20% | 0.50% | 0.06% | 0.05% | 0.64% | 0.34% | 0.48% | 0.09% | -0.95% | -2.24% | -0.21% |
| 2017 | 0.79% | 0.45% | 0.05% | 0.47% | 0.45% | 0.02% | 0.49% | 0.00% | 0.48% | 0.61% | 0.14% | 0.32% | 4.35% |
| 2016 | -1.11% | -1.00% | 2.89% | 1.79% | 0.85% | 0.09% | 1.46% | 0.70% | 0.67% | 0.81% | 0.50% | 1.09% | 9.02% |
| 2015 | 0.19% | 1.51% | 0.50% | 1.21% | 0.35% | -0.36% | 0.20% | -0.57% | -0.41% | 0.22% | -0.56% | -1.09% | 1.17% |
| 2014 | 0.46% | 0.17% | 0.32% | 0.16% | 0.32% | 0.46% | 0.03% | 0.17% | -0.56% | 0.21% | 0.33% | -1.10% | 0.95% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 94, CHIAX is among the top 6% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Credit Suisse Floating Rate High Income Fund (CHIAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Credit Suisse Floating Rate High Income Fund provided a 8.30% dividend yield over the last twelve months, with an annual payout of $0.52 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.52 | $0.55 | $0.56 | $0.32 | $0.22 | $0.27 | $0.33 | $0.29 | $0.26 | $0.31 | $0.28 | $0.27 |
Dividend yield | 8.30% | 8.72% | 8.76% | 5.21% | 3.37% | 4.19% | 4.94% | 4.38% | 3.82% | 4.49% | 4.28% | 3.98% |
Monthly Dividends
The table displays the monthly dividend distributions for Credit Suisse Floating Rate High Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.04 | $0.04 | $0.04 | $0.04 | $0.00 | $0.16 | |||||||
| 2024 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.05 | $0.04 | $0.04 | $0.55 |
| 2023 | $0.04 | $0.04 | $0.05 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.56 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.32 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.22 |
| 2020 | $0.03 | $0.02 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.27 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.33 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.29 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.26 |
| 2016 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.31 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.28 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.27 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Credit Suisse Floating Rate High Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Credit Suisse Floating Rate High Income Fund was 39.31%, occurring on Dec 15, 2008. Recovery took 241 trading sessions.
The current Credit Suisse Floating Rate High Income Fund drawdown is 0.18%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -39.31% | Jun 6, 2007 | 387 | Dec 15, 2008 | 241 | Nov 30, 2009 | 628 |
| -19.94% | Feb 18, 2020 | 26 | Mar 24, 2020 | 175 | Dec 1, 2020 | 201 |
| -8.92% | Jun 1, 2001 | 79 | Sep 27, 2001 | 125 | Mar 28, 2002 | 204 |
| -8.59% | May 2, 2002 | 113 | Oct 10, 2002 | 64 | Jan 13, 2003 | 177 |
| -6.48% | Mar 8, 2005 | 50 | May 17, 2005 | 74 | Aug 31, 2005 | 124 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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