UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number:		811-08927
CREDIT SUISSE HIGH YIELD FUND, INC.
(Exact name of registrant as specified in charter)
c/o Credit Suisse Asset Management, LLC Eleven Madison Avenue New York, New York			10010
(Address of principal executive offices)			(Zip code)
J. Kevin Gao, Esq. Eleven Madison Avenue New York, New York 10010
(Name and address of agent for service)
Registrant’s telephone number, including area code:		(212) 325-2000
Date of fiscal year end:	December 31st
Date of reporting period:	January 1, 2010 to March 31, 2010

Item 1:                   Schedule of Investments

Credit Suisse High Yield Fund

Schedule of Investments

March 31, 2010 (unaudited)

Par (000)			Ratings† (S&P/Moody’s)	Maturity	Rate%	Value
U.S. CORPORATE BONDS (82.8%)
Aerospace & Defense (1.4%)
$	100	BE Aerospace, Inc., Senior Unsecured Notes (Callable 07/01/13 @ $104.25)	(BB, Ba3)	07/01/18	8.500	$	107,000
175		Hawker Beechcraft Notes Co., Global Company Guaranteed Notes (Callable 04/01/11 @ $104.25)§	(CCC-, Caa3)	04/01/15	8.500	136,062
70		Hexcel Corp., Global Senior Subordinated Notes (Callable 02/01/11 @ $102.25)§	(B+, B1)	02/01/15	6.750	69,650
100		Spirit Aerosystems, Inc., Rule 144A, Company Guaranteed Notes (Callable 10/01/13 @ $103.75)‡	(BB, B2)	10/01/17	7.500	103,000
						415,712
Auto Loans (1.1%)
150		Ford Motor Credit Co., LLC, Global Senior Unsecured Notes§	(B-, B1)	10/01/13	7.000	155,330
150		Ford Motor Credit Co., LLC, Senior Unsecured Notes§	(B-, B1)	12/15/16	8.000	158,248
						313,578
Auto Parts & Equipment (1.5%)
50		American Axle & Manufacturing Holdings, Inc., Rule 144A, Senior Secured Notes (Callable 01/15/14 @ $104.63)‡	(B, B1)	01/15/17	9.250	53,625
75		American Axle & Manufacturing, Inc., Company Guaranteed Notes (Callable 03/01/12 @ $103.94)§	(CCC, Caa2)	03/01/17	7.875	70,312
75		ArvinMeritor, Inc., Company Guaranteed Notes (Callable 03/15/14 @ $105.31)§	(CCC-, Caa2)	03/15/18	10.625	78,000
110		Stanadyne Corp., Series 1, Global Senior Subordinated Notes (Callable 08/15/10 @ $103.33)	(CCC, Caa1)	08/15/14	10.000	101,200
100		The Goodyear Tire & Rubber Co., Global Company Guaranteed Notes (Callable 07/01/10 @ $104.50)§	(B+, B1)	07/01/15	9.000	103,750
25		The Goodyear Tire & Rubber Co., Senior Unsecured Notes (Callable 05/15/12 @ $107.88)	(B+, B1)	05/15/16	10.500	27,125
						434,012
Banks (2.0%)
34		CIT Group, Inc., Senior Secured Notes (Callable 01/01/11 @ $102.00)§	(NR, NR)	05/01/13	7.000	32,955
50		CIT Group, Inc., Senior Secured Notes (Callable 01/01/11 @ $102.00)§	(NR, NR)	05/01/14	7.000	47,795
50		CIT Group, Inc., Senior Secured Notes (Callable 01/01/11 @ $102.00)§	(NR, NR)	05/01/15	7.000	47,164
84		CIT Group, Inc., Senior Secured Notes (Callable 01/01/11 @ $102.00)	(NR, NR)	05/01/16	7.000	77,768
118		CIT Group, Inc., Senior Secured Notes (Callable 01/01/11 @ $102.00)§	(NR, NR)	05/01/17	7.000	108,875
15		GMAC, Inc., Global Subordinated Notes§	(CCC+, B3)	12/31/18	8.000	14,925
250		GMAC, Inc., Rule 144A, Company Guaranteed Notes‡	(B, B3)	02/12/15	8.300	263,125
						592,607
Beverages (0.4%)
100		CEDC Finance Corp. International, Inc., Rule 144A, Senior Secured Notes (Callable 12/01/13 @ $104.56)‡	(B+, B1)	12/01/16	9.125	106,000
Building & Construction (1.4%)
52		Ashton Woods Finance Co., Rule 144A, Company Guaranteed Notes (Callable 02/24/14 @ $105.50)+‡	(NR, NR)	06/30/15	0.000	23,400
100		Beazer Homes USA, Inc., Global Company Guaranteed Notes (Callable 04/15/10 @ $100.00)	(CC, Caa2)	04/15/12	8.375	100,250
75		K Hovnanian Enterprises, Inc., Global Company Guaranteed Notes	(CCC-, Caa2)	01/15/16	6.250	58,125
175		Standard Pacific Corp., Company Guaranteed Notes§	(B-, Caa1)	04/01/14	6.250	162,313
75		William Lyon Homes, Inc., Global Company Guaranteed Notes (Callable 12/15/10 @ $100.00)	(CC, Caa3)	12/15/12	7.625	59,625
						403,713
Building Materials (2.2%)
125		AMH Holdings Inc., Global Senior Discount Notes (Callable 03/01/11 @ $101.88)	(CCC-, Caa2)	03/01/14	11.250	129,219
100		Building Materials Corp. of America, Rule 144A, Company Guaranteed Notes (Callable 03/15/15 @ $103.75)‡	(BB-, B3)	03/15/20	7.500	100,250
150		CPG International I, Inc., Global Company Guaranteed Notes (Callable 07/01/10 @ $102.63)	(B-, Caa1)	07/01/13	10.500	151,125

Par (000)			Ratings† (S&P/Moody’s)	Maturity	Rate%	Value
U.S. CORPORATE BONDS
Building Materials
$	150	Headwaters, Inc., Rule 144A, Senior Secured Notes (Callable 11/01/12 @ $105.69)‡§	(B+, B2)	11/01/14	11.375	$	157,312
100		Norcraft Finance Corp., Rule 144A, Senior Secured Notes (Callable 12/15/12 @ $105.25)‡	(B-, B2)	12/15/15	10.500	106,000
						643,906
Chemicals (3.1%)
75		Hexion Finance Escrow Corp., Rule 144A, Senior Secured Notes (Callable 02/01/14 @ $104.44)‡	(CCC+, B3)	02/01/18	8.875	74,250
125		Koppers, Inc., Rule 144A, Company Guaranteed Notes (Callable 12/01/14 @ $103.94)‡	(B, B1)	12/01/19	7.875	129,375
100		LBI Escrow Corp., Rule 144A, Senior Secured Notes (Callable 05/01/13 @ $106.00)‡	(NR, Ba3)	11/01/17	8.000	103,875
40		Momentive Performance Materials, Inc., Global Company Guaranteed Notes (Callable 12/01/10 @ $104.88)§	(CCC-, Caa2)	12/01/14	9.750	40,200
81		Momentive Performance Materials, Inc., Rule 144A, Company Guaranteed Notes (Callable 12/15/11 @ $106.25)‡	(CCC-, B3)	06/15/14	12.500	91,935
50		Nalco Co., Global Company Guaranteed Notes (Callable 11/15/10 @ $101.50)	(B, B2)	11/15/13	9.000	70,023
25		Nalco Co., Rule 144A, Senior Notes (Callable 05/15/13 @ $104.13)‡	(BB-, Ba2)	05/15/17	8.250	26,688
100		Nalco Finance Holdings, Inc., Global Senior Discount Notes (Callable 02/01/11 @ $101.50)§	(B, B2)	02/01/14	9.000	103,500
100		Reichhold Industries, Inc., Rule 144A, Senior Notes (Callable 08/15/10 @ $104.50)‡	(CCC+, Caa2)	08/15/14	9.000	95,250
75		Solutia, Inc., Company Guaranteed Notes (Callable 03/15/15 @ $103.94)	(B+, B2)	03/15/20	7.875	76,312
100		Solutia, Inc., Company Guaranteed Notes (Callable 11/01/13 @ $104.38)	(B+, B2)	11/01/17	8.750	106,000
						917,408
Computer Hardware (0.8%)
75		Activant Solutions, Inc., Global Company Guaranteed Notes (Callable 05/01/11 @ $104.75)	(CCC, Caa1)	05/01/16	9.500	72,375
75		Brocade Communications Systems, Inc., Rule 144A, Senior Secured Notes (Callable 01/15/13 @ $103.31)‡	(BBB-, Ba2)	01/15/18	6.625	76,688
75		Brocade Communications Systems, Inc., Rule 144A, Senior Secured Notes (Callable 01/15/15 @ $103.44)‡	(BBB-, Ba2)	01/15/20	6.875	76,875
						225,938
Consumer Products (0.8%)
125		AAC Group Holding Corp., Rule 144A, Senior Discount Notes (Callable 10/01/10 @ $100.00)‡	(CCC, Caa2)	10/01/12	10.250	125,469
25		Prestige Brands, Inc., Rule 144A, Company Guaranteed Notes (Callable 04/01/14 @ $104.13)‡	(B+, B3)	04/01/18	8.250	25,750
75		Terra Capital, Inc., Global Company Guaranteed Notes (Callable 11/01/14 @ $103.88)	(BB, B1)	11/01/19	7.750	90,937
						242,156
Consumer/Commercial/Lease Financing (0.8%)
150		International Lease Finance Corp., Rule 144A, Senior Unsecured Notes‡	(BB+, B1)	09/15/15	8.625	153,714
75		International Lease Finance Corp., Series MTN, Senior Unsecured Notes	(BB+, B1)	06/01/14	5.650	69,573
						223,287
Department Stores (0.2%)
50		The Neiman Marcus Group, Inc., Global Company Guaranteed Notes (Callable 10/15/10 @ $105.19)§	(CCC+, Caa3)	10/15/15	10.375	51,875
Diversified Capital Goods (2.5%)
75		Actuant Corp., Global Company Guaranteed Notes (Callable 06/15/12 @ $103.44)	(BB-, Ba2)	06/15/17	6.875	73,125
100		Belden, Inc., Rule 144A, Company Guaranteed Notes (Callable 06/15/14 @ $104.62)‡	(B+, Ba2)	06/15/19	9.250	107,250

Par (000)			Ratings† (S&P/Moody’s)	Maturity	Rate%	Value
U.S. CORPORATE BONDS
Diversified Capital Goods
$	75	Coleman Cable, Inc., Rule 144A, Senior Notes (Callable 02/15/14 @ $104.50)‡	(B, B3)	02/15/18	9.000	$	76,125
125		Esco Corp., Rule 144A, Company Guaranteed Notes (Callable 12/15/10 @ $104.31)‡	(B, B2)	12/15/13	8.625	126,250
100		Mueller Water Products, Inc., Global Company Guaranteed Notes (Callable 06/01/12 @ $103.69)§	(B-, B3)	06/01/17	7.375	90,750
75		Sensus USA Systems, Inc., Global Company Guaranteed Notes (Callable 12/15/10 @ $101.44)	(B-, B3)	12/15/13	8.625	76,875
100		Titan International, Inc., Global Company Guaranteed Notes	(B-, B2)	01/15/12	8.000	100,500
75		TriMas Corp., Rule 144A, Senior Secured Notes (Callable 12/15/13 @ $104.88)‡§	(B-, Caa1)	12/15/17	9.750	78,000
						728,875
Electric - Generation (4.6%)
200		Dynegy Holdings, Inc., Global Senior Unsecured Notes§	(B, B3)	05/01/16	8.375	167,000
25		Edison Mission Energy, Global Senior Unsecured Notes§	(B, B2)	05/15/17	7.000	17,563
250		Edison Mission Energy, Global Senior Unsecured Notes	(B, B2)	05/15/19	7.200	173,750
200		Mirant Americas Generation LLC, Senior Unsecured Notes§	(B-, B3)	10/01/21	8.500	189,000
175		NRG Energy, Inc., Company Guaranteed Notes (Callable 01/15/12 @ $103.69)	(BB-, B1)	01/15/17	7.375	173,687
50		NRG Energy, Inc., Company Guaranteed Notes (Callable 02/01/11 @ $103.69)	(BB-, B1)	02/01/16	7.375	49,750
625		Texas Competitive Electric Holdings Co., LLC, Series A, Global Company Guaranteed Notes (Callable 11/01/11 @ $105.13)§	(CCC, Caa2)	11/01/15	10.250	437,500
175		Texas Competitive Electric Holdings Co., LLC, Series B, Global Company Guaranteed Notes (Callable 11/01/11 @ $105.13)	(CCC, Caa2)	11/01/15	10.250	122,500
						1,330,750
Electric - Integrated (0.6%)
150		The AES Corp., Global Senior Unsecured Notes	(BB-, B1)	10/15/17	8.000	153,000
25		The AES Corp., Rule 144A, Senior Unsecured Notes‡§	(BB-, B1)	04/15/16	9.750	27,188
						180,188
Electronics (1.5%)
100		Freescale Semiconductor, Inc., Rule 144A, Senior Secured Notes (Callable 03/15/14 @ $105.06)‡§	(B-, B2)	03/15/18	10.125	108,125
40		Jabil Circuit, Inc., Global Senior Unsecured Notes	(BB+, Ba1)	03/15/18	8.250	43,400
75		Jabil Circuit, Inc., Senior Unsecured Notes	(BB+, Ba1)	07/15/16	7.750	79,313
75		Sanmina-SCI Corp., Company Guaranteed Notes (Callable 03/01/11 @ $104.06)§	(CCC, B2)	03/01/16	8.125	75,844
125		Viasystems, Inc., Rule 144A, Senior Secured Notes (Callable 07/15/12 @ $106.00)‡	(B+, B3)	01/15/15	12.000	135,937
						442,619
Energy - Exploration & Production (5.8%)
100		Berry Petroleum Co., Senior Subordinated Notes (Callable 11/01/11 @ $104.13)	(B, B3)	11/01/16	8.250	101,750
75		Bill Barrett Corp., Company Guaranteed Notes (Callable 07/15/13 @ $104.94)§	(BB-, B1)	07/15/16	9.875	81,188
75		Chesapeake Energy Corp., Company Guaranteed Notes§	(BB, Ba3)	12/15/18	7.250	75,375
200		Chesapeake Energy Corp., Global Company Guaranteed Notes (Callable 01/15/11 @ $101.15)	(BB, Ba3)	01/15/16	6.875	198,500
125		Comstock Resources, Inc., Company Guaranteed Notes (Callable 10/15/13 @ $104.19)§	(B, B2)	10/15/17	8.375	129,062
75		Concho Resources, Inc., Company Guaranteed Notes (Callable 10/01/13 @ $104.31)	(BB, B3)	10/01/17	8.625	79,875
100		Denbury Resources, Inc., Company Guaranteed Notes (Callable 02/15/15 @ $104.13)	(BB, B1)	02/15/20	8.250	106,500
75		Denbury Resources, Inc., Company Guaranteed Notes (Callable 03/01/13 @ $104.88)	(BB, B1)	03/01/16	9.750	82,875
100		Hilcorp Financial Co., Rule 144A, Senior Unsecured Notes (Callable 06/01/11 @ $104.50)‡	(BB-, B2)	06/01/16	9.000	104,500
75		Mariner Energy, Inc., Company Guaranteed Notes (Callable 05/15/12 @ $104.00)	(B+, B3)	05/15/17	8.000	74,063

Par (000)			Ratings† (S&P/Moody’s)	Maturity	Rate%	Value
U.S. CORPORATE BONDS
Energy - Exploration & Production
$	100	Penn Virginia Corp., Senior Notes (Callable 06/15/13 @ $105.19)	(BB-, B2)	06/15/16	10.375	$	109,000
175		PetroHawk Energy Corp., Global Company Guaranteed Notes (Callable 06/01/12 @ $103.94)	(B, B3)	06/01/15	7.875	179,156
75		Pioneer Natural Resources Co., Senior Unsecured Notes§	(BB+, Ba1)	01/15/20	7.500	77,542
75		Plains Exploration & Production Co., Company Guaranteed Notes (Callable 06/15/11 @ $103.88)	(BB-, B1)	06/15/15	7.750	76,406
100		Stone Energy Corp., Company Guaranteed Notes (Callable 02/01/14 @ $104.31)	(BB-, Caa1)	02/01/17	8.625	99,000
125		Whiting Petroleum Corp., Global Company Guaranteed Notes	(BB, B1)	02/01/14	7.000	128,594
						1,703,386
Environmental (0.5%)
75		Casella Waste Systems, Inc., Rule 144A, Senior Secured Notes (Callable 07/15/12 @ $105.50)‡	(B+, B2)	07/15/14	11.000	80,813
50		Clean Harbors, Inc., Global Senior Secured Notes (Callable 08/15/12 @ $103.81)	(BB-, Ba2)	08/15/16	7.625	51,000
						131,813
Food & Drug Retailers (1.5%)
100		Ingles Markets, Inc., Global Senior Unsecured Notes (Callable 05/15/13 @ $104.44)§	(BB-, B1)	05/15/17	8.875	105,000
200		Rite Aid Corp., Global Company Guaranteed Notes (Callable 06/15/11 @ $104.69)	(CCC, Caa3)	12/15/15	9.375	173,000
75		Rite Aid Corp., Global Senior Secured Notes (Callable 06/12/13 @ $104.88)	(B+, B3)	06/12/16	9.750	81,000
75		SUPERVALU, Inc., Senior Unsecured Notes§	(B+, Ba3)	05/01/16	8.000	76,312
						435,312
Food - Wholesale (0.8%)
100		Pinnacle Foods Finance Corp., Rule 144A, Senior Unsecured Notes (Callable 04/01/11 @ $104.63)‡	(CCC+, Caa2)	04/01/15	9.250	103,000
120		Southern States Cooperative, Inc., Rule 144A, Senior Notes‡	(B+, B3)	11/01/11	11.000	120,300
						223,300
Forestry & Paper (2.0%)
265		Boise Cascade LLC, Global Company Guaranteed Notes (Callable 10/15/10 @ $102.38)	(B+, Caa1)	10/15/14	7.125	246,450
175		NewPage Corp., Global Senior Secured Notes (Callable 03/31/12 @ $105.00)§	(CCC+, B2)	12/31/14	11.375	175,000
75		Smurfit-Stone Container Enterprises, Inc., Global Senior Unsecured Notes (Callable 07/01/10 @ $100.00)ø	(D, NR)	07/01/12	8.375	66,937
100		Verso Paper, Inc., Series B, Global Senior Secured Notes (Callable 08/01/10 @ $104.56)§	(B-, B2)	08/01/14	9.125	97,500
						585,887
Gaming (3.8%)
75		Buffalo Thunder Development Authority, Rule 144A, Senior Secured Notes (Callable 12/15/10 @ $104.69)ø‡	(NR, NR)	12/15/14	9.375	10,313
100		Caesars Entertainment, Inc., Global Company Guaranteed Notes	(CCC-, Ca)	05/15/11	8.125	100,625
100		CCM Merger, Inc., Rule 144A, Notes (Callable 08/01/10 @ $102.00)‡	(CCC+, Caa3)	08/01/13	8.000	87,500
23		Choctaw Resort Development Enterprise, Rule 144A, Senior Notes (Callable 11/15/11 @ $103.63)‡	(B, B2)	11/15/19	7.250	15,755
50		FireKeepers Development Authority, Rule 144A, Senior Secured Notes (Callable 05/01/12 @ $110.50)‡	(B, B3)	05/01/15	13.875	58,125
60		Fontainebleau Las Vegas Holdings LLC, Rule 144A, Second Mortgage Notes (Callable 06/15/11 @ $105.13)ø‡	(D, NR)	06/15/15	11.000	975
35		Harrah’s Operating Co., Inc., Global Senior Secured Notes (Callable 06/01/13 @ $105.63)	(B-, Caa1)	06/01/17	11.250	37,888
100		Inn of the Mountain Gods Resort & Casino, Global Company Guaranteed Notesø	(D, Ca)	11/15/10	12.000	48,500
100		Jacobs Entertainment, Inc., Global Company Guaranteed Notes (Callable 06/15/10 @ $104.88)	(B-, B3)	06/15/14	9.750	94,500
50		Majestic Star Casino Capital Corp., Senior Secured Notesø	(D, NR)	10/15/10	9.500	32,750

Par (000)			Ratings† (S&P/Moody’s)	Maturity	Rate%	Value
U.S. CORPORATE BONDS
Gaming
$	125	Mashantucket Western Pequot Tribe, Rule 144A, Bonds (Callable 11/15/11 @ $104.25)ø‡	(D, NR)	11/15/15	8.500	$	31,875
75		MGM Mirage, Inc., Company Guaranteed Notes§	(CCC+, Caa1)	06/01/16	7.500	62,812
25		MGM Mirage, Inc., Global Company Guaranteed Notes§	(CCC+, Caa1)	04/01/13	6.750	22,750
75		MGM Mirage, Inc., Rule 144A, Senior Secured Notes (Callable 05/15/13 @ $105.56)‡§	(B, B1)	11/15/17	11.125	84,750
175		MTR Gaming Group, Inc., Global Secured Notes (Callable 07/15/11 @ $106.31)	(B, B2)	07/15/14	12.625	173,687
75		Peninsula Gaming LLC, Rule 144A, Senior Secured Notes (Callable 08/15/12 @ $104.19)‡	(BB, Ba2)	08/15/15	8.375	75,187
75		Peninsula Gaming LLC, Rule 144A, Senior Unsecured Notes (Callable 08/15/13 @ $105.38)‡§	(B, B3)	08/15/17	10.750	72,000
60		Tropicana Finance Corp., Global Senior Subordinated Notes (Callable 12/15/10 @ $104.81)ø	(NR, NR)	12/15/14	9.625	90
100		Turning Stone Resort Casino Enterprise, Rule 144A, Senior Unsecured Notes (Callable 09/15/10 @ $104.56)‡	(B+, B1)	09/15/14	9.125	100,500
						1,110,582
Gas Distribution (2.1%)
125		AmeriGas Eagle Finance Corp., Senior Unsecured Notes (Callable 05/20/11 @ $103.56)	(NR, Ba3)	05/20/16	7.125	126,875
50		El Paso Corp., Senior Unsecured Notes	(BB-, Ba3)	06/01/18	7.250	51,845
100		Holly Energy Finance Corp., Rule 144A, Senior Unsecured Notes (Callable 03/15/14 @ $104.13)‡	(B+, B1)	03/15/18	8.250	101,500
125		Inergy Finance Corp., Global Company Guaranteed Notes (Callable 03/01/11 @ $104.13)	(B+, B1)	03/01/16	8.250	129,375
75		MarkWest Energy Finance Corp., Series B, Global Company Guaranteed Notes (Callable 04/15/13 @ $104.38)	(B+, B2)	04/15/18	8.750	77,344
125		Targa Resources Partners Finance Corp., Global Company Guaranteed Notes (Callable 07/01/12 @ $104.13)	(B, B2)	07/01/16	8.250	128,438
						615,377
Health Facilities (5.1%)
75		Alliance HealthCare Services, Inc., Rule 144A, Senior Notes (Callable 12/01/12 @ $104.00)‡	(B, B3)	12/01/16	8.000	70,125
75		Bausch & Lomb, Inc., Global Senior Unsecured Notes (Callable 11/01/11 @ $104.94)§	(B, Caa1)	11/01/15	9.875	79,688
125		Biomet, Inc., Global Company Guaranteed Notes (Callable 10/15/12 @ $105.81)§	(B-, Caa1)	10/15/17	11.625	140,625
50		Community Health Systems, Inc., Global Company Guaranteed Notes (Callable 07/15/11 @ $104.44)§	(B, B3)	07/15/15	8.875	51,875
75		DaVita, Inc., Global Company Guaranteed Notes (Callable 03/15/11 @ $102.42)	(B, B2)	03/15/15	7.250	76,875
375		HCA, Inc., Global Secured Notes (Callable 11/15/11 @ $104.63)	(BB-, B2)	11/15/16	9.250	399,609
100		Inverness Medical Innovations, Inc., Company Guaranteed Notes (Callable 05/15/13 @ $104.50)	(B-, B3)	05/15/16	9.000	102,250
75		Omega Healthcare Investors, Inc., Global Company Guaranteed Notes (Callable 01/15/11 @ $103.50)	(BB+, Ba3)	01/15/16	7.000	75,375
50		Omega Healthcare Investors, Inc., Rule 144A, Company Guaranteed Notes (Callable 02/15/15 @ $103.75)‡	(BB+, Ba3)	02/15/20	7.500	50,750
250		Tenet Healthcare Corp., Rule 144A, Senior Secured Notes (Callable 07/01/14 @ $ 104.44)‡§	(BB-, B2)	07/01/19	8.875	271,875
25		Universal Hospital Services, Inc., Global Senior Secured Notes (Callable 06/01/11 @ $101.00)	(B+, B3)	06/01/15	8.500	25,000
75		Vanguard Holding Co. II, Inc., Rule 144A, Company Guaranteed Notes (Callable 02/01/14 @ $104.00)‡	(CCC+, B3)	02/01/18	8.000	73,313
79		VWR Funding, Inc., Series B, Global Company Guaranteed Notes (Callable 07/15/11 @ $105.13)	(B-, Caa1)	07/15/15	10.250	84,367
						1,501,727
Health Services (1.4%)
75		Quintiles Transnational Corp., Rule 144A, Senior Notes (Callable 12/30/11 @ $102.00)‡	(B, B3)	12/30/14	9.500	76,687

Par (000)			Ratings† (S&P/Moody’s)	Maturity	Rate%	Value
U.S. CORPORATE BONDS
Health Services
$	150	Rural/Metro Corp., Global Senior Discount Notes (Callable 03/15/11 @ $104.25)	(B, Caa1)	03/15/16	12.750	$	159,750
75		Service Corp. International, Global Senior Unsecured Notes	(BB-, B1)	10/01/18	7.625	76,313
50		Service Corp. International, Senior Unsecured Notes§	(BB-, B1)	11/15/21	8.000	50,875
50		Universal Hospital Services, Inc., Global Senior Secured Notes (Callable 06/01/10 @ $101.00)#	(B+, B3)	06/01/15	3.859	42,875
						406,500
Hotels (0.6%)
75		Felcor Lodging LP, Global Senior Secured Notes§	(NR, B2)	10/01/14	10.000	77,625
100		Host Hotels & Resorts LP, Rule 144A, Senior Unsecured Notes (Callable 05/15/13 @ $104.50)‡§	(BB+, Ba1)	05/15/17	9.000	108,500
						186,125
Leisure (0.4%)
51		Six Flags Operations, Inc., Rule 144A, Company Guaranteed Notes (Callable 07/15/13 @ $106.12)ø‡	(D, NR)	07/15/16	12.250	59,925
150		Six Flags, Inc., Global Senior Unsecured Notes (Callable 06/01/10 @ $103.21)ø	(D, NR)	06/01/14	9.625	48,000
						107,925
Machinery (1.5%)
125		Altra Holdings, Inc., Rule 144A, Senior Secured Notes (Callable 12/01/12 @ $106.09)‡	(B+, B1)	12/01/16	8.125	127,656
100		Baldor Electric Co., Company Guaranteed Notes (Callable 02/15/12 @ $104.31)	(B, B3)	02/15/17	8.625	106,250
50		Case New Holland, Inc., Global Company Guaranteed Notes (Callable 03/01/11 @ $101.78)	(BB+, Ba3)	03/01/14	7.125	50,875
75		CPM Holdings, Inc., Rule 144A, Senior Secured Notes (Callable 09/01/12 @ $105.31)‡	(B+, B2)	09/01/14	10.625	80,250
75		Terex Corp., Senior Subordinated Notes (Callable 11/15/12 @ $104.00)§	(B, Caa1)	11/15/17	8.000	73,313
						438,344
Media - Broadcast (1.6%)
75		Allbritton Communications Co., Global Senior Subordinated Notes (Callable 12/15/10 @ $100.00)§	(B-, B3)	12/15/12	7.750	75,562
80		Barrington Broadcasting Capital Corp., Global Company Guaranteed Notes (Callable 08/15/10 @ $105.25)	(CCC-, Caa3)	08/15/14	10.500	70,800
50		Clear Channel Communications, Inc., Senior Unsecured Notes§	(CCC-, Ca)	09/15/14	5.500	32,000
125		Clear Channel Worldwide Holdings, Inc., Rule 144A, Company Guaranteed Notes (Callable 12/15/12 @ $106.94)‡	(B, B2)	12/15/17	9.250	131,250
100		Fisher Communications, Inc., Global Company Guaranteed Notes (Callable 09/15/10 @ $102.88)	(B-, B2)	09/15/14	8.625	98,750
66		Umbrella Acquisition, Inc., Rule 144A, Company Guaranteed Notes (Callable 03/15/11 @ $104.88)‡§	(CCC, Caa2)	03/15/15	9.750	57,658
100		Young Broadcasting, Inc., Global Company Guaranteed Notes (Callable 01/15/11 @ $101.46)ø	(D, NR)	01/15/14	8.750	700
						466,720
Media - Cable (3.7%)
200		Atlantic Broadband Finance LLC, Global Company Guaranteed Notes (Callable 01/15/11 @ $101.56)	(B-, Caa1)	01/15/14	9.375	201,000
91		CCH II Capital Corp., Global Senior Notes (Callable 11/30/12 @ $106.75)§	(B, B2)	11/30/16	13.500	110,289
175		Cequel Capital Corp., Rule 144A, Senior Unsecured Notes (Callable 11/15/12 @ $106.47)‡§	(B-, B3)	11/15/17	8.625	180,687
100		Charter Communications Operating Capital, Rule 144A, Secured Notes‡	(BB-, B1)	04/30/12	8.000	106,750
150		CSC Holdings, Inc., Rule 144A, Senior Unsecured Notes‡§	(BB, Ba3)	02/15/19	8.625	165,000
150		DISH DBS Corp., Global Company Guaranteed Notes	(BB-, Ba3)	10/01/14	6.625	151,500
50		DISH DBS Corp., Global Company Guaranteed Notes§	(BB-, Ba3)	05/31/15	7.750	52,500
50		Mediacom Broadband Corp., Global Senior Unsecured Notes (Callable 10/15/10 @ $104.25)§	(B-, B3)	10/15/15	8.500	51,375

Par (000)			Ratings† (S&P/Moody’s)	Maturity	Rate%	Value
U.S. CORPORATE BONDS
Media - Cable
$	50	Mediacom Capital Corp., Rule 144A, Senior Notes (Callable 08/15/14 @ $104.56)‡	(B-, B3)	08/15/19	9.125	$	51,813
						1,070,914
Media - Diversified (0.4%)
125		Block Communications, Inc., Rule 144A, Senior Notes (Callable 12/15/10 @ $104.13)‡	(B, B1)	12/15/15	8.250	125,625
Media - Services (0.8%)
100		Nielsen Finance Co., Global Company Guaranteed Notes (Callable 05/01/13 @ $105.75)	(B-, Caa1)	05/01/16	11.500	113,500
125		WMG Acquisition Corp., Rule 144A, Senior Secured Notes (Callable 06/15/13 @ $104.75)‡	(BB, Ba2)	06/15/16	9.500	134,219
						247,719
Metals & Mining - Excluding Steel (1.3%)
100		Aleris International, Inc., Global Company Guaranteed Notes (Callable 12/15/10 @ $104.50)ø	(D, NR)	12/15/14	9.000	1,125
25		Aleris International, Inc., Global Company Guaranteed Notes (Callable 12/15/11 @ $105.00)ø	(D, NR)	12/15/16	10.000	175
100		Cloud Peak Energy Finance Corp., Rule 144A, Company Guaranteed Notes (Callable 12/15/13 @ $104.13)‡	(BB-, B1)	12/15/17	8.250	102,500
175		Consol Energy, Inc., Rule 144A, Company Guaranteed Notes (Callable 04/01/14 @ $104.00)‡	(BB, B1)	04/01/17	8.000	180,688
135		Noranda Aluminium Acquisition Corp., Global Company Guaranteed Notes (Callable 05/15/10 @ $100.00)#	(CCC, Caa1)	05/15/15	5.274	107,623
						392,111
Oil Field Equipment & Services (2.8%)
100		Bristow Group, Inc., Global Company Guaranteed Notes (Callable 09/15/12 @ $103.75)§	(BB, Ba2)	09/15/17	7.500	101,500
100		Calfrac Holdings LP, Rule 144A, Company Guaranteed Notes (Callable 02/15/11 @ $103.88)‡	(B+, B2)	02/15/15	7.750	99,875
75		Edgen Murray Corp., Rule 144A, Senior Secured Notes (Callable 01/15/13 @ $106.13)‡	(B, Caa1)	01/15/15	12.250	70,594
75		Helix Energy Solutions Group, Inc., Rule 144A, Company Guaranteed Notes (Callable 01/15/12 @ $104.75)‡	(B, B3)	01/15/16	9.500	77,625
25		Hornbeck Offshore Services, Inc., Global Company Guaranteed Notes (Callable 09/01/13 @ $104.00)	(BB-, Ba3)	09/01/17	8.000	25,125
80		Hornbeck Offshore Services, Inc., Series B, Global Company Guaranteed Notes (Callable 12/01/10 @ $102.04)§	(BB-, Ba3)	12/01/14	6.125	77,200
75		Key Energy Services, Inc., Global Company Guaranteed Notes (Callable 12/01/11 @ $104.19)§	(BB-, B1)	12/01/14	8.375	76,219
75		McJunkin Red Man Corp., Rule 144A, Senior Secured Notes (Callable 12/15/12 @ $107.13)‡	(B, B3)	12/15/16	9.500	76,968
100		Parker Drilling Co., Rule 144A, Senior Notes (Callable 04/01/14 @ $104.56)‡§	(B+, B1)	04/01/18	9.125	102,875
125		Pioneer Drilling Co., Rule 144A, Senior Notes (Callable 03/15/14 @ $104.94)‡	(B, B3)	03/15/18	9.875	124,375
						832,356
Oil Refining & Marketing (1.1%)
75		Coffeyville Resources LLC, Rule 144A, Senior Secured Notes (Callable 04/01/12 @ $106.75)‡	(BB-, Ba3)	04/01/15	9.000	76,688
50		Coffeyville Resources LLC, Rule 144A, Senior Secured Notes (Callable 04/01/13 @ $108.16)‡	(BB-, B3)	04/01/17	10.875	49,875
75		Tesoro Corp., Company Guaranteed Notes (Callable 06/01/14 @ $104.88)	(BB+, Ba1)	06/01/19	9.750	78,750
125		Western Refining, Inc., Rule 144A, Senior Secured Notes (Callable 12/15/11 @ $105.00)#‡	(BB, B3)	06/15/14	10.750	113,125
						318,438

Par (000)			Ratings† (S&P/Moody’s)	Maturity	Rate%	Value
U.S. CORPORATE BONDS
Packaging (0.6%)
$	90	Berry Plastics Corp., Global Secured Notes (Callable 09/15/10 @ $104.44)§	(CCC, Caa1)	09/15/14	8.875	$	88,312
75		GPC Capital Corp. I, Global Company Guaranteed Notes (Callable 10/15/10 @ $103.29)§	(CCC+, Caa1)	10/15/14	9.875	78,188
						166,500
Printing & Publishing (1.1%)
85		Cengage Learning Acquisitions, Inc., Rule 144A, Senior Notes (Callable 07/15/11 @ $105.25)‡	(CCC+, Caa2)	01/15/15	10.500	82,025
200		The Reader’s Digest Association, Inc., Global Company Guaranteed Notes (Callable 02/15/12 @ $104.50)ø^	(NR, NR)	02/15/17	9.000	0
150		The Reader’s Digest Association, Inc., Rule 144A, Senior Secured Notes (Callable 02/15/13 @ $104.00)#‡§	(B, B1)	02/15/17	9.500	153,750
85		Valassis Communications, Inc., Global Company Guaranteed Notes (Callable 03/01/11 @ $104.13)	(B-, B3)	03/01/15	8.250	87,763
						323,538
Railroads (0.5%)
75		Kansas City Southern Railway, Company Guaranteed Notes (Callable 06/01/12 @ $104.00)	(B+, B2)	06/01/15	8.000	78,281
67		RailAmerica, Inc., Global Senior Secured Notes (Callable 07/01/13 @ $104.63)	(BB-, B1)	07/01/17	9.250	71,774
						150,055
Software/Services (1.7%)
75		JDA Software Group, Inc., Rule 144A, Senior Unsecured Notes (Callable 12/15/12 @ $104.00)‡	(BB-, B1)	12/15/14	8.000	78,375
25		Lender Processing Services, Inc., Global Company Guaranteed Notes (Callable 07/01/11 @ $106.09)	(BB+, Ba2)	07/01/16	8.125	26,938
100		SunGard Data Systems, Inc., Global Company Guaranteed Notes (Callable 08/15/10 @ $105.13)§	(B-, Caa1)	08/15/15	10.250	105,625
41		Unisys Corp., Rule 144A, Senior Secured Notes (Callable 09/15/12 @ $107.13)‡	(BB-, Ba3)	09/15/15	14.250	49,097
49		Unisys Corp., Rule 144A, Senior Secured Notes (Callable 10/15/12 @ $106.38)‡§	(BB-, Ba3)	10/15/14	12.750	57,391
200		Vangent, Inc., Global Company Guaranteed Notes (Callable 02/15/11 @ $104.81)	(CCC+, Caa2)	02/15/15	9.625	187,000
						504,426
Specialty Retail (1.4%)
75		Asbury Automotive Group, Inc., Global Company Guaranteed Notes (Callable 03/15/12 @ $103.81)	(B-, Caa1)	03/15/17	7.625	71,812
100		Brookstone Co., Inc., Global Senior Secured Notes (Callable 10/15/10 @ $103.00)	(CCC-, Caa3)	10/15/12	12.000	78,500
75		QVC, Inc., Rule 144A, Senior Secured Notes (Callable 10/01/14 @ $103.75)‡	(BB+, Ba2)	10/01/19	7.500	76,875
110		Susser Finance Corp., Global Company Guaranteed Notes (Callable 12/15/10 @ $102.66)	(B+, B3)	12/15/13	10.625	114,950
75		Yankee Acquisition Corp., Series B, Global Company Guaranteed Notes (Callable 02/15/11 @ $104.25)	(B-, B3)	02/15/15	8.500	77,625
						419,762
Steel Producers/Products (0.7%)
100		California Steel Industries, Inc., Global Senior Notes (Callable 03/15/11 @ $101.02)	(BB-, B1)	03/15/14	6.125	95,625
100		Ryerson, Inc., Global Senior Secured Notes (Callable 11/01/11 @ $106.00)	(CCC+, Caa1)	11/01/15	12.000	105,500
						201,125
Support-Services (3.2%)
100		Ashtead Capital, Inc., Rule 144A, Secured Notes (Callable 08/15/11 @ $104.50)‡	(B+, B2)	08/15/16	9.000	101,750
100		DynCorp International, Series B, Global Senior Subordinated Notes (Callable 02/15/11 @ $100.00)	(B+, B1)	02/15/13	9.500	101,750

Par (000)			Ratings† (S&P/Moody’s)	Maturity	Rate%	Value
U.S. CORPORATE BONDS
Support-Services
$	75	FTI Consulting, Inc., Global Company Guaranteed Notes (Callable 06/15/10 @ $101.91)	(BB, Ba2)	06/15/13	7.625	$	76,312
50		Iron Mountain, Inc., Company Guaranteed Notes (Callable 06/15/13 @ $104.00)	(B+, B2)	06/15/20	8.000	51,500
100		JohnsonDiversey Holdings, Inc., Rule 144A, Senior Unsecured Notes (Callable 11/15/14 @ $104.13)‡	(B-, B3)	11/15/19	8.250	104,000
75		Maxim Crane Works LP, Rule 144A, Senior Secured Notes (Callable 04/15/12 @ $109.19) ‡	(B, Caa1)	04/15/15	12.250	72,968
100		Sotheby’s, Global Company Guaranteed Notes	(B, B1)	06/15/15	7.750	102,125
150		The Geo Group, Inc., Rule 144A, Company Guaranteed Notes (Callable 10/15/13 @ $103.88)‡	(BB-, B1)	10/15/17	7.750	153,750
105		Travelport LLC, Global Company Guaranteed Notes (Callable 09/01/10 @ $104.94)	(CCC+, B3)	09/01/14	9.875	110,250
75		United Rentals North America, Inc., Global Company Guaranteed Notes (Callable 02/15/11 @ $101.17)§	(CCC+, Caa1)	02/15/14	7.000	69,750
						944,155
Telecom - Integrated/Services (5.3%)
125		Cincinnati Bell, Inc., Global Company Guaranteed Notes (Callable 02/15/11 @ $102.33)	(B+, Ba3)	02/15/15	7.000	122,187
75		Frontier Communications Corp., Global Senior Unsecured Notes	(BB, Ba2)	03/15/15	6.625	74,063
125		HNS Finance Corp., Global Company Guaranteed Notes (Callable 04/15/10 @ $104.75)	(B, B1)	04/15/14	9.500	129,062
325		Intelsat Corp., Global Senior Unsecured Notes (Callable 08/15/10 @ $103.13)	(BB-, B3)	08/15/14	9.250	334,750
125		Level 3 Financing, Inc., Global Company Guaranteed Notes (Callable 02/15/11 @ $100.00)#	(CCC, Caa1)	02/15/15	4.140	104,375
50		Level 3 Financing, Inc., Rule 144A, Company Guaranteed Notes (Callable 02/01/14 @ $105.00)‡	(CCC, Caa1)	02/01/18	10.000	48,000
75		New Communications Holdings, Inc., Rule 144A, Senior Notes‡	(BB, Ba2)	04/15/17	8.250	76,688
150		Paetec Holding Corp., Global Company Guaranteed Notes (Callable 07/15/11 @ $104.75)§	(CCC+, Caa1)	07/15/15	9.500	152,625
200		Qwest Communications International, Inc., Rule 144A, Company Guaranteed Notes (Callable 04/01/13 @ $103.56)‡§	(B+, Ba3)	04/01/18	7.125	207,500
175		Qwest Communications International, Inc., Rule 144A, Company Guaranteed Notes (Callable 10/01/12 @ $104.00)‡	(B+, Ba3)	10/01/15	8.000	187,250
100		Windstream Corp., Global Company Guaranteed Notes (Callable 08/01/11 @ $104.31)	(B+, Ba3)	08/01/16	8.625	102,750
						1,539,250
Telecom - Wireless (4.2%)
25		Cricket Communications, Inc., Global Company Guaranteed Notes (Callable 11/01/10 @ $104.69)§	(B-, B3)	11/01/14	9.375	25,563
75		Cricket Communications, Inc., Global Senior Secured Notes (Callable 05/15/12 @ $105.81)§	(B+, Ba2)	05/15/16	7.750	78,188
125		GeoEye, Inc., Rule 144A, Senior Secured Notes (Callable 10/01/13 @ $104.81)‡	(B, B1)	10/01/15	9.625	128,437
70		MetroPCS Wireless, Inc., Global Company Guaranteed Notes (Callable 11/01/10 @ $104.63)§	(B, B2)	11/01/14	9.250	71,925
450		Nextel Communications, Inc., Series F, Company Guaranteed Notes (Callable 03/15/11 @ $101.74)§	(BB-, Ba2)	03/15/14	5.950	421,875
75		SBA Telecommunications, Inc., Rule 144A, Company Guaranteed Notes (Callable 8/15/12 @ $106.00)‡	(BB-, Ba2)	08/15/16	8.000	79,312
50		SBA Telecommunications, Inc., Rule 144A, Company Guaranteed Notes (Callable 8/15/14 @ $104.13)‡	(BB-, Ba2)	08/15/19	8.250	53,500
250		Sprint Nextel Corp., Senior Unsecured Notes§	(BB-, Ba3)	12/01/16	6.000	226,875
125		Viasat, Inc., Rule 144A, Company Guaranteed Notes (Callable 09/15/12 @ $106.66)‡§	(B, B1)	09/15/16	8.875	128,437
						1,214,112
Telecommunications (0.3%)
75		Avaya, Inc., Global Company Guaranteed Notes (Callable 11/01/11 @ $104.88)	(CCC+, Caa2)	11/01/15	9.750	73,500

Par (000)			Ratings† (S&P/Moody’s)	Maturity	Rate%	Value
U.S. CORPORATE BONDS
Textiles & Apparel (0.8%)
$	150	Levi Strauss & Co., Global Senior Notes (Callable 01/15/11 @ $103.25)	(B+, B2)	01/15/15	9.750	$	157,875
75		Phillips-Van Heusen Corp., Global Senior Unsecured Notes (Callable 05/01/10 @ $101.35)§	(BB+, Ba3)	05/01/13	8.125	76,594
						234,469
Theaters & Entertainment (0.2%)
50		AMC Entertainment, Inc., Global Senior Unsecured Notes (Callable 06/01/14 @ $104.38)§	(B-, B1)	06/01/19	8.750	52,750
Tobacco (0.3%)
75		Alliance One International, Inc., Rule 144A, Senior Unsecured Notes (Callable 07/15/13 @ $105.00)‡	(B+, B2)	07/15/16	10.000	78,750
Transportation - Excluding Air/Rail (0.4%)
100		SEACOR Holdings, Inc., Senior Unsecured Notes	(BBB-, Ba1)	10/01/19	7.375	103,110
TOTAL U.S. CORPORATE BONDS (Cost $23,988,175)						24,158,287
FOREIGN CORPORATE BONDS (11.8%)
Aerospace & Defense (0.6%)
100		Bombardier, Inc., Rule 144A, Senior Notes (Canada)‡	(BB+, Ba2)	03/15/18	7.500	104,750
75		Bombardier, Inc., Rule 144A, Senior Notes (Canada)‡	(BB+, Ba2)	03/15/20	7.750	78,750
						183,500
Chemicals (1.3%)
225		Cognis GmbH, Rule 144A, Senior Secured Notes (Germany)#‡	(B-, B2)	09/15/13	2.257	217,125
200		Ineos Group Holdings PLC, Rule 144A, Secured Notes (Callable 02/15/11 @ $104.25) (United Kingdom)‡	(CCC-, Caa3)	02/15/16	8.500	166,000
						383,125
Electronics (0.5%)
150		NXP Funding LLC, Series EXCH, Global Senior Secured Notes (Callable 10/15/10 @ $103.94) (Netherlands)	(CCC+, C)	10/15/14	7.875	147,000
Energy - Exploration & Production (0.2%)
75		OPTI Canada, Inc., Global Senior Secured Notes (Callable 12/15/10 @ $104.13) (Canada)	(B, Caa3)	12/15/14	8.250	70,875
Forestry & Paper (0.8%)
250		Abitibi-Consolidated Co. of Canada, Global Company Guaranteed Notes (Canada)ø	(NR, NR)	06/15/11	7.750	63,125
50		Cascades, Inc., Rule 144A, Senior Notes (Callable 12/15/13 @ $103.88) (Canada)‡	(B+, Ba3)	12/15/17	7.750	50,625
125		Smurfit Kappa Funding PLC, Global Senior Subordinated Notes (Callable 01/31/11 @ $102.58) (Ireland)§	(B, B2)	04/01/15	7.750	123,125
						236,875
Gaming (1.4%)
100		Cirsa Finance Luxembourg SA, Company Guaranteed Notes (Callable 05/15/10 @ 102.92) (Luxembourg)	(B+, B2)	05/15/14	8.750	138,186
150		Codere Finance Luxembourg SA, Rule 144A, Senior Secured Notes (Callable 06/15/10 @ $104.13) (Luxembourg)‡	(B, B2)	06/15/15	8.250	200,935
50		Peermont Global Proprietary, Ltd., Rule 144A, Senior Secured Notes (Callable 04/30/10 @ $105.81) (South Africa)‡	(B, B3)	04/30/14	7.750	65,118
						404,239
Media - Cable (1.9%)
100		UPC Germany GmbH, Rule 144A, Senior Secured Notes (Callable 12/01/12 @ $108.22) (Germany)‡	(BB-, B1)	12/01/17	8.125	141,399
75		Videotron Ltee, Global Company Guaranteed Notes (Callable 04/15/13 @ $104.56) (Canada)	(BB-, Ba2)	04/15/18	9.125	83,719
175		Virgin Media Finance PLC, Company Guaranteed Notes (Callable 10/15/14 @ $104.44) (United Kingdom)	(B, B2)	10/15/19	8.875	281,411

Par (000)			Ratings† (S&P/Moody’s)	Maturity	Rate%	Value
FOREIGN CORPORATE BONDS
Media - Cable
$	26	Virgin Media Finance PLC, Global Company Guaranteed Notes (Callable 04/15/10 @ $103.25) (United Kingdom)	(B, NR)	04/15/14	9.750	$	40,916
						547,445
Media - Diversified (0.4%)
100		Quebecor Media, Inc., Global Senior Unsecured Notes (Callable 03/15/11 @ $103.88) (Canada)	(B, B2)	03/15/16	7.750	101,750
Metals & Mining (0.3%)
50		Teck Resources, Ltd., Global Senior Secured Notes (Callable 05/15/13 @ $105.13) (Canada)	(BB+, Ba1)	05/15/16	10.250	59,750
25		Teck Resources, Ltd., Global Senior Secured Notes (Callable 05/15/14 @ $105.38) (Canada)	(BB+, Ba1)	05/15/19	10.750	30,750
						90,500
Oil Field Equipment & Services (0.3%)
100		Cie Generale de Geophysique-Veritas, Global Company Guaranteed Notes (Callable 05/15/10 @ $103.75) (France)	(BB, Ba3)	05/15/15	7.500	100,750
Packaging (0.3%)
50		Impress Holdings BV, Rule 144A, Company Guaranteed Notes (Callable 09/15/10 @ $104.63) (Netherlands)‡	(B-, B3)	09/15/14	9.250	72,391
Support-Services (0.4%)
50		Garda World Security Corp., Rule 144A, Senior Unsecured Notes (Callable 03/15/14 @ $104.88) (Canada)‡	(B, B3)	03/15/17	9.750	51,438
50		ISS Financing PLC, Rule 144A, Senior Secured Notes (Callable 12/15/11 @ $105.50) (United Kingdom)‡	(B, NR)	06/15/14	11.000	75,604
						127,042
Telecom - Integrated/Services (1.3%)
150		ERC Ireland Finance, Ltd., Rule 144A, Senior Secured Notes (Ireland)#‡	(CCC, B3)	08/15/16	5.662	148,164
170		Global Crossing UK Finance PLC, Global Senior Secured Notes (Callable 12/15/10 @ $103.58) (United Kingdom)	(B-, B3)	12/15/14	10.750	179,350
100		Hellas Telecommunications II SCA, Rule 144A, Subordinated Notes (Luxembourg)ø#‡	(NR, NR)	01/15/15	6.034	4,500
50		Intelsat Subsidiary Holding Co., Ltd., Global Company Guaranteed Notes (Callable 01/15/11 @ $102.96) (Bermuda)	(B+, B3)	01/15/15	8.875	51,875
						383,889
Telecom - Wireless (0.5%)
50		Wind Acquisition Finance SA, Rule 144A, Company Guaranteed Notes (Callable 07/15/13 @ $105.88) (Luxembourg)‡	(B+, B2)	07/15/17	11.750	55,500
50		Wind Acquisition Finance SA, Rule 144A, Company Guaranteed Notes (Callable 07/15/13 @ $105.88) (Luxembourg)‡	(B+, B2)	07/15/17	11.750	75,435
						130,935
Textiles & Apparel (0.2%)
200		IT Holding Finance SA, Rule 144A, Company Guaranteed Notes (Luxembourg)ø‡	(NR, NR)	11/15/12	9.875	47,359
Transportation - Excluding Air/Rail (1.4%)
150		Navios Maritime Holdings, Inc., Global Company Guaranteed Notes (Callable 12/15/10 @ $104.75) (Marshall Islands)	(B+, B3)	12/15/14	9.500	151,875
150		Ship Finance International, Ltd., Global Company Guaranteed Notes (Callable 12/15/10 @ $102.83) (Bermuda)	(B+, B1)	12/15/13	8.500	149,250
100		Teekay Corp., Global Senior Unsecured Notes (Canada)	(BB, B1)	01/15/20	8.500	105,000
						406,125
TOTAL FOREIGN CORPORATE BONDS (Cost $3,681,484)						3,433,800

Par (000)			Ratings† (S&P/Moody’s)	Maturity	Rate%	Value
BANK LOAN (0.6%)
Energy - Exploration & Production (0.6%)
$	164	ATP Oil & Gas (Cost $135,300)	(NR, NR)	07/15/14	5.750	$	165,532

Number of Shares
COMMON STOCKS (0.4%)
Automobile Parts & Equipment (0.0%)
588	Safelite Realty Corp.*^	6,645
Banks (0.4%)
2,894	CIT Group, Inc.*	112,750
Printing & Publishing (0.0%)
118	SuperMedia, Inc.*§	4,826
TOTAL COMMON STOCKS (Cost $200,825)		124,221
PREFERRED STOCK (0.1%)
Banks (0.1%)
62	GMAC, Inc., Rule 144A (Callable 12/31/11 @ $1,000)‡ (Cost $11,884)	47,263

SHORT-TERM INVESTMENTS (28.2%)
7,778,559	State Street Navigator Prime Portfolio§§	7,778,559

Par (000)			Maturity	Rate%
$	459	State Street Bank and Trust Co. Euro Time Deposit	04/01/10	0.010	459,000
TOTAL SHORT-TERM INVESTMENTS (Cost $8,237,559)					8,237,559
TOTAL INVESTMENTS AT VALUE (123.9%) (Cost $36,255,227)					36,166,662
LIABILITIES IN EXCESS OF OTHER ASSETS (-23.9%)					(6,978,000		)
NET ASSETS (100.0%)					$	29,188,662

Forward Foreign Currency to be Purchased (Local)		Forward Foreign Currency to be Sold (Local)		Expiration Date	Value on Settlement Date			Current Value			Unrealized Appreciation
Open Forward Foreign Currency Contracts
USD	1,182,819	EUR	816,000	04/15/10	$	(1,182,819	)	$	(1,104,137	)	$	78,682
USD	346,086	GBP	212,000	04/15/10	(346,086		)	(321,566		)	24,520
Total											$	103,202

Currency Abbreviations:

EUR = Euro Currency

GBP = British Pound

USD = United States Dollar

INVESTMENT ABBREVIATIONS

MTN = Medium Term Note

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 March 31, 2010, these securities amounted to a value of $10,066,031 or 34.5% of net assets.
+	Step Bond — The interest rate is as of March 31, 2010 and will reset at a future date.
*	Non-income producing security.
ø	Bond is currently in default.
^	Not readily marketable security; security is valued at fair value as determined in good faith by, or under the direction of, the Board of Directors.
#	Variable rate obligations — The interest rate is the rate as of March 31, 2010.
§	Security or portion thereof is out on loan.
§§	Represents security purchased with cash collateral received for securities on loan.

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. 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. 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. Investments in mutual funds are valued at the mutual fund’s closing net asset value per share on the day of valuation. 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 Directors under procedures established by the Board of Directors. The Fund may utilize a service provided by an independent third party which has been approved by the Board of Directors to fair value certain securities. When fair-value pricing is employed, the prices of securities used by a fund to calculate its net asset value may differ from quoted or published prices for the same securities.

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 assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. 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 March 31, 2010 in valuing the Fund’s investments carried at value:

	Level 1		Level 2		Level 3		Total
Investments in Securities
U.S. Corporate Bonds
Aerospace & Defense	$	—	$	415,712	$	—	$	415,712
Auto Loans	—		313,578		—		313,578
Auto Parts & Equipment	—		434,012		—		434,012
Banks	—		592,607		—		592,607
Beverages	—		106,000		—		106,000
Building & Construction	—		403,713		—		403,713
Building Materials	—		643,906		—		643,906
Chemicals	—		917,408		—		917,408
Computer Hardware	—		225,938		—		225,938
Consumer Products	—		242,156		—		242,156
Consumer/Commercial/Lease Financing	—		223,287		—		223,287
Department Stores	—		51,875		—		51,875
Diversified Capital Goods	—		728,875		—		728,875
Electric - Generation	—		1,330,750		—		1,330,750
Electric - Integrated	—		180,188		—		180,188
Electronics	—		442,619		—		442,619
Energy - Exploration & Production	—		1,703,386		—		1,703,386
Environmental	—		131,813		—		131,813
Food & Drug Retailers	—		435,312		—		435,312
Food - Wholesale	—		223,300		—		223,300
Forestry & Paper	—		585,887		—		585,887
Gaming	—		1,110,582		—		1,110,582
Gas Distribution	—		615,377		—		615,377
Health Facilities	—		1,501,727		—		1,501,727
Health Services	—		406,500		—		406,500
Hotels	—		186,125		—		186,125
Leisure	—		107,925		—		107,925
Machinery	—		438,344		—		438,344
Media - Broadcast	—		466,720		—		466,720
Media - Cable	—		1,070,914		—		1,070,914
Media - Diversified	—		125,625		—		125,625
Media - Services	—		247,719		—		247,719
Metals & Mining - Excluding Steel	—		392,111		—		392,111
Oil Field Equipment & Services	—		832,356		—		832,356
Oil Refining & Marketing	—		318,438		—		318,438
Packaging	—		166,500		—		166,500
Printing & Publishing	—		323,538		—		323,538
Railroads	—		150,055		—		150,055
Software/Services	—		504,426		—		504,426
Specialty Retail	—		419,762		—		419,762
Steel Producers/Products	—		201,125		—		201,125
Support-Services	—		944,155		—		944,155
Telecom - Integrated/Services	—		1,539,250		—		1,539,250
Telecom - Wireless	—		1,214,112		—		1,214,112
Telecommunications Equipment	—		73,500		—		73,500
Textiles & Apparel	—		234,469		—		234,469
Theaters & Entertainment	—		52,750		—		52,750
Tobacco	—		78,750		—		78,750
Transportation - Excluding Air/Rail	—		103,110		—		103,110
Foreign Corporate Bonds
Aerospace & Defense	—		183,500		—		183,500
Chemicals	—		383,125		—		383,125
Electronics	—		147,000		—		147,000

Energy - Exploration & Production	—		70,875		—		70,875
Forestry & Paper	—		236,875		—		236,875
Gaming	—		404,239		—		404,239
Media - Cable	—		547,445		—		547,445
Media - Diversified	—		101,750		—		101,750
Metals & Mining	—		90,500		—		90,500
Oil Field Equipment & Services	—		100,750		—		100,750
Packaging	—		72,391		—		72,391
Support-Services	—		127,042		—		127,042
Telecom - Integrated/Services	—		383,889		—		383,889
Telecom - Wireless	—		130,935		—		130,935
Textiles & Apparel	—		47,359		—		47,359
Transportation - Excluding Air/Rail	—		406,125		—		406,125
Bank Loan
Energy - Exploration & Production	—		165,532		—		165,532
Common Stocks
Automobile Parts & Equipment	—		—		6,645		6,645
Banks	112,750		—		—		112,750
Printing & Publishing	4,826		—		—		4,826
Preferred Stock
Banks	47,263		—		—		47,263
Short-Term Investments	7,778,559		459,000		—		8,237,559
Other Financial Instruments*
Forward Foreign Currency Contracts	—		103,202		—		103,202
	$	7,943,398	$	28,319,821	$	6,645	$	36,269,864

*Other financial instruments include futures, forwards and swap contracts.

As of March 31, 2010, the amounts shown by the Fund as being Level 3 securities that were measured at fair value amounted to 0.02% of net assets.

The Fund adopted FASB Accounting Standards Update 2010-06 “Fair Value Measurements and Disclosures (ASU 820)” which requires 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 quarter ended March 31, 2010, there were no significant transfers in and out of Level 1 and Level 2.

Federal Income Tax Cost - At March 31, 2010, 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 $36,255,227, $1,863,032, $(1,951,597) and $(88,565), respectively.

Other information regarding the Fund is available in the most recent Report to Shareholders. This information is also available on the Fund’s website at www.credit-suisse.com/us as well as on the website of the Securities and Exchange Commission at www.sec.gov.

Item 2:                   Controls and Procedures

(a)           As of a date within 90 days from the filing date of this report, the principal executive officer and principal financial officer concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940 (the “Act”)), were effective based on their evaluation of the disclosure controls and procedures required by Rule 30a-3(b) under the Act and Rules 13a-15(b) or 15d-15(b) under the Securities and Exchange Act of 1934.

(b)           There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Act) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 3:                   Exhibits

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

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 FUND, INC.
/s/John G. Popp
Name:	John G. Popp
Title:	Chief Executive Officer
Date:	May 10, 2010

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:	May 10, 2010
/s/Michael A. Pignataro
Name:	Michael A. Pignataro
Title:	Chief Financial Officer
Date:	May 10, 2010