BlackRock Corporate High Yield Fund, Inc. (HYT)
| Market Value | 1.41B |
| Revenue (ttm) | 149.89M |
| Net Income (ttm) | 163.75M |
| Shares Out | 144.77M |
| EPS (ttm) | 1.13 |
| PE Ratio | 8.59 |
| Forward PE | n/a |
| Dividend | $0.94 (9.63%) |
| Ex-Dividend Date | Dec 16, 2024 |
| Volume | 1,008,802 |
| Open | 9.65 |
| Previous Close | 9.64 |
| Day's Range | 9.63 - 9.76 |
| 52-Week Range | 9.21 - 10.16 |
| Beta | 0.75 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About HYT
BlackRock Corporate High Yield Fund, Inc. is a close ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets across the globe. The fund invests in bonds of companies operating across diversified sectors. It primarily invests in bonds rated Ba or lower by Moody's Investors Service, Inc., or BB or lower by Standard & Poor's Corporation. The fund seeks to invest in domestic and foreign high yield securities, including high yield bonds, corporate loans, convertibl... [Read more]
News
HYT: Decreasing Exposure To Floating-Rate Securities Is The Correct Move Today
The BlackRock Corporate High Yield Fund offers a 9.48% yield, appealing to retirees seeking high income with reasonable capital preservation compared to peers. Despite recent bond market declines, the...
HYT: This Is A Decent Junk Bond Fund, But It Does Not Deserve Its Current Premium
BlackRock Corporate High Yield Fund offers a 9.44% yield, making it attractive for income-seeking investors, especially retirees needing regular monthly payments. Despite recent strong performance, HY...
Love the SCHD ETF? SCHK, SCHB, SCHX, and HYT are good too
The Schwab US Dividend Equity (SCHD) ETF has had robust inflows this year as it moved to its all-time high. Its total returns this year stood at almost 10%, meaning that it has lagged the performance ...
HYT: Leveraged High-Yield Bond Fund Faces Trifecta Of Headwinds
The BlackRock Corporate High Yield Fund invests in non-investment grade bonds as an actively managed closed-end fund. Climbing interest rates at a time when credit spreads are at a historically low le...
HYT: Wait For A Wider Discount To NAV Before Buying
Many CEFs are currently trading at historically wide discounts to NAV but HYT is not. The BlackRock Corporate High Yield Fund is currently trading at a 1.3% discount to NAV, lower than its historical ...
HYT: A Solid Junk Bond Fund With A Sustainable 10.70% Yield
BlackRock Corporate High Yield Fund, Inc offers a high level of income with a current yield of 10.70%, one of the highest in the market. The HYT closed-end fund has underperformed the Bloomberg U.S. A...
HYT: Surprisingly Strong Recent Performance And Improving Financials
BlackRock Corporate High Yield Fund offers a 10.13% yield, providing investors with extra income in an inflationary environment. The fund's recent performance has been surprising, with its share price...
HYT: Wait For Price To Drop Before Buying In Due To Risks
Investors are in desperate need of additional sources of income to cover the rapidly-rising cost of living. BlackRock Corporate High Yield Fund, Inc invests in a portfolio of corporate junk bonds with...
HYT: A Worthwhile CEF, But May Have To Cut The Distribution
Investors are desperately in need of income due to the rising cost of living. BlackRock Corporate High Yield Fund, Inc. invests in a portfolio consisting primarily of junk bonds and then applies a lay...
HYT: Moving From Buy To Hold On This High Yield CEF
BlackRock Corporate High Yield Fund is a fixed income closed end fund. We own the name and have put a Buy rating next to it in several past articles.
HYT: Very Attractive Portfolio But Distribution May Be At Risk
The incredibly high level of inflation has caused many investors to look for ways to increase their incomes in order to maintain their standard of living. BlackRock Corporate High Yield Fund, Inc inve...
Weekly Closed-End Fund Roundup: BlackRock CEFs Repurchasing Shares (October 16, 2022)
0 out of 23 CEF sectors are positive on price and 0 out of 23 sectors are positive on NAV over the last week. BlackRock CEFs are repurchasing their shares.
HYT: Rights Offering Results Quick Notes
HYT has announced its rights offering results. Subscribers received a slim discount to the market price.
HYT Rights Offering Results And Implications
HYT finalized its rights offering on October 13, 2022. The rights offering is expected to result in the issuance of more than 20.3 million new shares.
BlackRock Corporate High Yield Fund, Inc. Announces Results of Its Rights Offering
NEW YORK--(BUSINESS WIRE)--BlackRock Corporate High Yield Fund, Inc. (NYSE: HYT) (the "Fund") today announced the successful completion of its transferable rights offer (“the Offer”).
Credit Investing Looks More Attractive Than Ever (Turn Off CNBC!)
I have often compared CNBC to the ESPN sports network, with panels of experts giving non-stop commentary on the sports or financial worlds. Both have the same business model: get viewers addicted so t...
Junk-Bond Yields Top 8%. It Could Be a Good Time to Buy.
True, a recession could be coming. But the underlying math of low defaults, solid companies with cleaned-up balance sheets, and higher yields creates an opportunity for investors.
HYT: Rights Offering Quick Notes
HYT rights offering is announced. The subscription floor has a floor at a -10% discount.
Weekly Closed-End Fund Roundup: ZTR Offering Expires (September 11, 2022)
14 out of 23 CEF sectors were positive on price and 16 out of 23 sectors were positive on NAV last week. HYT conducts a rights offering.
Smart Rights Offering From HYT
BlackRock Corporate High Yield Fund is a closed end fund focused on high-yield debt. The fund came out yesterday with a rights offering announcement.
BlackRock Corporate High Yield Fund, Inc. Announces Terms of Rights Offering
NEW YORK--(BUSINESS WIRE)--BlackRock Corporate High Yield Fund, Inc. (NYSE: HYT) (the "Fund") today announced that its Board of Directors (the "Board") has approved the terms of the issuance of transf...
Early Declaration of Regular Distribution Announced for BlackRock Corporate High Yield Fund, Inc.
NEW YORK--(BUSINESS WIRE)--The Board of Directors of BlackRock Corporate High Yield Fund, Inc. (NYSE: HYT, CUSIP: 09255P107) (the “Fund”) today announced the early declaration of a regular monthly dis...