Corporate Board Profile
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| Filing Date | Source Excerpt |
|---|---|
| 2018-03-13 | Laura A. DeFelice c/o Credit Suisse Asset Management, LLC Attn: General CounselOne Madison Avenue New York,New York 10010Year of Birth: 1959 None None Partner of Acacia Properties LLC (multi-family and commercial real estate ownership and operation) from 2008 to present; Stonegate Advisors LLC (renewable energy and energy efficiency) from 2007 to present. 8 None. |
| 2019-03-12 | Laura A. DeFelice c/o Credit Suisse Asset Management, LLC Attn: General CounselEleven Madison Avenue New York,New York 10010Year of Birth: 1959 Director,NominatingCommitteeand AuditCommitteeMember Director since 2018; current term ends at the 2019 annual meeting During the fiscal year ended December 31, 2018, each Non-Interested Director received an annual fee of $20,000 and $2,000 for each meeting of the Board attended by him or her and was reimbursed for expenses incurred in connection with his or her attendance at the Fund's Board meetings. The total remuneration paid by the Fund during the fiscal year ended December 31, 2018 to all such Non-Interested Directors was $184,110. |
| 2020-03-04 | Laura A. DeFelice Director, Nominating Committee and Audit Committee Member Director since 2018; current term ends at the 2022 annual meeting During the fiscal year ended December 31, 2019, each Non-Interested Director received an annual fee of $20,000 and $2,000 for each meeting of the Board attended by him or her and was reimbursed for expenses incurred in connection with his or her attendance at the Fund's Board meetings. The total remuneration paid by the Fund during the fiscal year ended December 31, 2019 to all such Non-Interested Directors was $130,748. The Chairman of the Board receives an additional annual fee of $5,000 and the Audit Committee Chairman receives an additional annual fee of $2,000. The following table shows certain compensation information for the Directors for the fiscal year ended December 31, 2019. Name of Director or Nominee Aggregate Compensation From the Fund Laura DeFelice $29,000 |
| 2021-03-15 | Laura A. DeFelice c/o Credit Suisse Asset Management, LLC Attn: General CounselEleven Madison Avenue New York,New York 10010Year of Birth: 1959 Director,NominatingCommitteeand AuditCommitteeMember Director since 2018; current term ends at the 2022 annual meeting During the fiscal year ended December 31, 2020, each Non-Interested Director received an annual fee of $20,000 and $2,000 for each meeting of the Board attended by him or her and was reimbursed for expenses incurred in connection with his or her attendance at the Fund's Board meetings. The following table shows certain compensation information for the Directors for the fiscal year ended December 31, 2020. Laura DeFelice $28,500 aggregate compensation from the Fund. |
| 2022-03-29 | Laura A. DeFelice c/o Credit Suisse Asset Management, LLC Attn: General CounselEleven Madison Avenue New York,New York 10010Year of Birth: 1959 Director,NominatingCommitteeand AuditCommitteeMember Director since 2018; current term ends at the 2022 annual meeting During the fiscal year ended December 31, 2021, each Non-Interested Director received an annual fee of $20,000 and $2,000 for each meeting of the Board attended by him or her and was reimbursed for expenses incurred in connection with his or her attendance at the Fund's Board meetings. The total remuneration paid by the Fund during the fiscal year ended December 31, 2021 to all such Non-Interested Directors was $135,000. |
| 2023-03-14 | Laura A. DeFelice has been a Director of the Fund since 2018. During the fiscal year ended December 31, 2022, each Non-Interested Director received an annual fee of $22,000 and $2,000 for each meeting of the Board attended by him or her. Total compensation from the Fund was $34,000. |
| 2024-03-15 | Laura A. DeFelice Chair of theBoard.Director,NominatingCommitteeand AuditCommitteeMember Chair since 2023 and Director since 2018; current term ends at the 2025 annual meeting During the fiscal year ended December 31, 2023, each Non-Interested Director received an annual fee of $23,100 and $2,100 for each meeting of the Board attended by him or her and was reimbursed for expenses incurred in connection with his or her attendance at the Fund's Board meetings. The total remuneration paid by the Fund during the fiscal year ended December 31, 2023 to all such Non-Interested Directors was $153,850. During the fiscal year ended December 31, 2023, the Chair of the Board received an additional annual fee of $5,250 and the Audit Committee Chair received an additional annual fee of $2,100. The Nominating Committee Chair received an additional annual fee of $2,000. Each Director also received a $25,000 fee from the the Credit Suisse Funds complex as compensation for the numerous formal and informal meetings held in 2023 to consider matters in connection with the merger of Credit Suisse Group AG with UBS Group AG. Effective January 1, 2024, the Chair of the Board's annual fee decreased to $4,764 from $5,250; the Audit Committee Chair's annual fee increased to $2,608.50; and the Nominating Committee Chair's annual fee decreased to $1,071.50. Total Compensation From Fund and Fund Complex Paid To Director or Nominee: $199,363. |
| 2025-03-17 | Laura A. DeFelice Chair of theBoard(sinceNovember14, 2023),NominatingCommitteeand AuditCommitteeMember During the fiscal year ended December 31, 2024, each Non-Interested Director received an annual fee of $23,100 and $2,100 for each meeting of the Board attended by him or her and was reimbursed for expenses incurred in connection with his or her attendance at the Fund's Board meetings. The total remuneration paid by the Fund during the fiscal year ended December 31, 2024 to all such Non-Interested Directors was $194,244. During the fiscal year ended December 31, 2024, the Chair of the Board received an additional annual fee of $4,764 and the Audit Committee Chair received an additional annual fee of $2,609. The Nominating Committee Chair received an additional annual fee of $1,072. Effective January 1, 2025, each Director will receive an annual retainer of $70,560 for four quarterly meetings and one special meeting. The following table shows certain compensation information for the Directors for the fiscal year ended December 31, 2024. All officers of the Fund are employees of and are compensated by UBS AM (Americas). None of the Fund's executive officers or Directors who are also officers or directors of UBS AM (Americas) received any compensation from the Fund for such period. Name of Director or Nominee Aggregate Compensation From the Fund Total Compensation From Fund and Fund Complex Paid To Director or Nominee* Laura A. DeFelice $44,664 $212,240 |
| Filing Date | Source Excerpt |
|---|---|
| 2018-12-17 | Laura A. DeFelice Year of Birth: 1959 Position(s)Held With Fund: None Non-Interested Nominees for Trustee Ms. DeFelice has been a trustee since 2017 of all of the open-end Credit Suisse Funds in the Fund Complex. Ms. DeFelice is the founding principal of two companies, one focusing on multi-family and commercial real estate ownership, leasing and management, and the other focusing on renewable energy project development. She has over 25 years of business experience in the financial services industry, including as a law firm partner specializing in structured finance. Ms. DeFelice also serves on the board of directors of another closed-end fund in the Fund Complex. The Nominating Committee met four times during the fiscal year ended October 31, 2018. All of the Trustees, except for John Popp, constitute the Fund’s Nominating Committee, which is composed of Trustees who are not interested persons of the Fund and who are independent (as such term is defined by the listing standards of NYSE American). |
| 2019-12-18 | Laura A. DeFelice Year of Birth: 1959 Trustee, Nominating Committee and Audit Committee Member Trustee since 2019; current term ends at the 2021 annual meeting During the fiscal year ended October 31, 2019, each Non-Interested Trustee received an annual fee of $20,000 and $2,000 for each meeting of the Board attended by him or her and was reimbursed for expenses incurred in connection with his or her attendance at the Fund's Board meetings. The total remuneration paid by the Fund during the fiscal year ended October 31, 2019 to all such Non-Interested Trustees was $115,851. Laura A. DeFelice compensation from the Fund was $12,180. |
| 2020-12-21 | Laura A. DeFelice c/o Credit Suisse Asset Management, LLC Attn: General Counsel Eleven Madison Avenue New York, New York 10010 Year of Birth: 1959 Trustee, Nominating Committee and Audit Committee Member Trustee since 2019; current term ends at the 2021 annual meeting During the fiscal year ended October 31, 2020, each Non-Interested Trustee received an annual fee of $20,000 and $2,000 for each meeting of the Board attended by him or her and was reimbursed for expenses incurred in connection with his or her attendance at the Fund's Board meetings. The total remuneration paid by the Fund during the fiscal year ended October 31, 2020 to all such Non-Interested Trustees was $119,000. The Chairman of the Board receives an additional annual fee of $5,000 and the Audit Committee Chairman receives an additional annual fee of $2,000. The following table shows certain compensation information for the Trustees for the fiscal year ended October 31, 2020. All officers of the Fund are employees of and are compensated by Credit Suisse. None of the Fund's executive officers or Trustees who are also officers or directors of Credit Suisse received any compensation from the Fund for such period. Name of Trustee or Nominee Aggregate Compensation From the Fund Laura A. DeFelice $ 28,500 |
| 2021-12-20 | Laura A. DeFelice Year of Birth: 1959 Position(s) Held With Fund: Trustee, Nominating Committee and Audit Committee Member During the fiscal year ended October 31, 2021, each Non-Interested Trustee received an annual fee of $20,000 and $2,000 for each meeting of the Board attended by him or her. Laura A. DeFelice received $30,000 in aggregate compensation from the Fund for the fiscal year ended October 31, 2021. |
| 2022-12-16 | Laura A. DeFelice, Trustee, Nominating Committee and Audit Committee Member, Trustee since 2019; current term ends at the 2024 annual meeting |
| 2024-03-15 | Laura A. DeFelice Year of Birth: 1959 Chair of the Board of Trustees since November 2023, Nominating Committee and Audit Committee Member Total Compensation From Fund and Fund Complex Paid to Trustee or Nominee: $174,350 |
| 2025-03-17 | Laura A. DeFelice Chair of the Board of Trustees, Nominating Committee and Audit Committee Member Chair of the Board since November 2023 During the fiscal year ended October 31, 2024, Ms. DeFelice received $38,688. |
Source material: SEC submissions metadata and DEF 14A proxy filings from EDGAR. Last updated: 2026-03-22