Brandi Sinkovich
About Brandi Sinkovich
Brandi Sinkovich serves as Chief Compliance Officer of Credit Suisse High Yield Bond Fund (DHY) and other Credit Suisse Funds, with a career spanning senior compliance roles at UBS Asset Management (Americas) LLC, Credit Suisse, Exos Financial, Neuberger Berman, and Goldman Sachs. Year of birth: 1979; tenure as DHY CCO since 2023; currently Executive Director at UBS AM (Americas) since May 2024 . The proxy filings do not disclose executive performance metrics (e.g., TSR) for officers; DHY officers are compensated by UBS AM and not by the Fund .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| UBS Asset Management (Americas) LLC | Executive Director | Since May 2024 | Senior compliance leadership supporting Credit Suisse Fund complex |
| Credit Suisse | Director | Jan 2023–May 2024 | Officer of Credit Suisse Funds; compliance oversight |
| Exos Financial | Vice President and Regulatory Counsel | May 2022–Jan 2023 | Regulatory counsel in capital markets/fintech context |
| Neuberger Berman | Vice President and Compliance Officer | Jun 2019–May 2022 | Investment adviser compliance |
| Goldman Sachs | Vice President, Compliance | 2017–2019 | Broker-dealer/asset management compliance |
External Roles
No external directorships or board committee roles for Ms. Sinkovich are mentioned in DHY’s proxy officer biographies .
Fixed Compensation
All DHY officers (including the CCO) are employees of and compensated by UBS Asset Management (Americas) LLC. DHY does not pay compensation to its executive officers; the Fund has no bonus, profit sharing, pension, or retirement plans .
| Component | Structure | Amount | Notes |
|---|---|---|---|
| Base salary | Paid by UBS AM (Americas) | Not disclosed | DHY provides no officer compensation |
| Cash bonus | Paid by UBS AM (Americas) | Not disclosed | DHY has no bonus plans; any bonus would be at UBS AM (Americas) |
| Benefits/pensions | Via UBS AM (Americas) | Not disclosed | DHY has no pension/retirement plans |
Performance Compensation
DHY does not report officer-specific incentive metrics, targets, or payouts because officers are compensated by UBS AM (Americas). The Fund does not have a Compensation Committee .
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| Not disclosed for DHY officers | — | — | — | — | — |
Equity Ownership & Alignment
The proxy does not disclose Ms. Sinkovich’s individual beneficial ownership. Trustees and officers, in aggregate, own less than 1% of DHY’s outstanding equity securities; DHY had 103,587,239 shares outstanding as of March 13, 2025 .
| Item | Detail |
|---|---|
| Individual beneficial ownership (shares/%) | Not disclosed |
| Aggregate officers+trustees ownership | <1% of outstanding shares |
| Options/RSUs/PSUs | Not disclosed for DHY officers |
| Pledging/hedging | No pledging or hedging disclosures for officers found; not disclosed |
| Ownership guidelines | Not disclosed for officers |
Employment Terms
| Provision | Term |
|---|---|
| Employment agreement | Not disclosed for DHY officers (employed by UBS AM (Americas)) |
| Severance | Not disclosed |
| Change-of-control | Not disclosed; DHY does not have a Compensation Committee |
| Vesting acceleration | Not disclosed |
| Clawbacks | Not disclosed |
| Non-compete/non-solicit | Not disclosed |
| Section 16 compliance | DHY reported a late Form 3 submission at the time of Ms. Sinkovich’s appointment, subsequently filed |
Performance & Track Record
- DHY officer biographies indicate a sustained career in compliance across top-tier financial institutions; no DHY officer-specific performance metrics (TSR, NAV) are disclosed in proxies .
- Auditor transition and governance context: DHY changed independent registered public accounting firm from PwC to EY in 2024; Audit Committee oversight documented (relevant to compliance environment) .
Governance Context
- DHY Board structure documented; DHY has Audit and Nominating Committees but no Compensation Committee; officers are not compensated by DHY .
- Trustees’ equity ownership ranges are disclosed; officers’ specific holdings are not disclosed .
Investment Implications
- Compensation alignment: DHY officers, including the CCO, are paid by UBS AM (Americas); lack of DHY-linked variable pay means no direct pay-for-performance linkage at the fund level for officers, limiting trading signals from compensation structures .
- Retention and selling pressure: With no disclosed officer equity awards or vesting schedules at DHY, there are no identifiable near-term insider selling pressures tied to DHY-specific grants; individual beneficial ownership for Ms. Sinkovich is not disclosed .
- Risk indicators: A late Form 3 at appointment was remedied, suggesting process correction; no broader legal or SEC investigations regarding the CCO are disclosed, reducing governance red flags from officer filings .
- Overall: For portfolio managers seeking signals, Ms. Sinkovich’s profile reflects professionalized compliance oversight rather than compensation-driven incentives at DHY. Monitoring UBS AM (Americas) employment disclosures and any future DHY Section 16 filings would be necessary to assess changes in alignment or potential selling overhangs .