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HYT Overview

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Intellectia

Loading chart...

High
8.685
Open
8.650
VWAP
8.67
Vol
293.17K
Mkt Cap
--
Low
8.650
Amount
2.54M
EV/EBITDA(TTM)
--
Total Shares
--
EV
--
EV/OCF(TTM)
--
P/S(TTM)
--
BlackRock Corporate High Yield Fund, Inc. (the Trust) is a diversified, closed-end management investment company. The Trust's primary investment objective is to provide shareholders with current income. Its secondary investment objective is to provide shareholders with capital appreciation. The Trust seeks to achieve its objectives by investing primarily in a diversified portfolio of fixed income securities which are rated at the time of investment to be below investment grade or, if unrated, are considered by the investment adviser to be of comparable quality. It may invest directly in fixed income securities or synthetically through the use of derivatives. It invests at least 80% of its net assets (including assets acquired from the sale of preferred stock), plus the amount of any borrowings for investment purposes, in high yield securities, including high yield bonds, corporate loans, convertible debt securities and preferred securities. Its manager is BlackRock Advisors, LLC.
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Events Timeline

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News

Newsfilter
8.0
04-30Newsfilter
BlackRock Funds Announce 2026 Distribution Plans
  • Distribution Amounts Announced: BlackRock's various funds announced per-share distributions for April 30, 2026, with BCX at $0.069700 and BME at $0.262100, indicating the company's ongoing ability to distribute earnings and enhancing investor confidence.
  • Managed Distribution Plan: All funds have adopted a managed distribution plan to ensure stable monthly distributions, with BCAT and ECAT distributing based on 20% of their 12-month rolling average net asset value, aimed at attracting more investors and maintaining liquidity.
  • Transparent Sources of Income: As of April 30, 2026, the sources of distributions for each fund include net income, short-term, and long-term capital gains, with 87% of BCX's distributions coming from return of capital, reflecting the robustness of its investment strategy.
  • Annual Performance Data: As of March 31, 2026, BCX reported an average annual total return of 15.21%, showcasing its competitiveness in the market and further solidifying BlackRock's leadership position in investment management.
Fool
8.5
04-23Fool
Absolute Investment Advisers Acquires Stake in BlackRock High Yield Fund
  • New Investment Position: Absolute Investment Advisers, LLC disclosed in an SEC filing on April 22 that it purchased 1,191,864 shares of the BlackRock Corporate High Yield Fund, with an estimated transaction value of approximately $10.44 million, indicating confidence in the high-yield bond market.
  • Asset Allocation Shift: The new stake represents 1.19% of Absolute's 13F assets under management, highlighting its significance in a diversified investment strategy, particularly in the current market environment where there is a demand for yield.
  • Yield and Risk: The HYT fund currently offers a dividend yield of 10.8%, and although its share price is 12.1% below its 52-week high, it still provides relatively high income, attracting income-seeking investors.
  • Cost Consideration: The HYT fund's expense ratio of 2.35% is notably high, which may impact overall capital appreciation for investors, necessitating a careful evaluation of the trade-off between high yield and fees to optimize investment returns.
NASDAQ.COM
8.5
04-23NASDAQ.COM
Absolute Investment Advisers Initiates Position in HYT Fund
  • New Position Initiated: Absolute Investment Advisers has initiated a position in the BlackRock Corporate High Yield Fund (HYT) by purchasing 1,191,864 shares, with an estimated transaction value of approximately $10.44 million, indicating a strategic interest in high-yield debt investments.
  • Quarter-End Valuation: At the end of the quarter, the market value of this new position was $10.15 million, reflecting the impact of both the trade and market price fluctuations, which demonstrates the firm's active participation in the high-yield debt market.
  • Investment Strategy Context: The investment mission of Absolute Advisers is to provide strategies with low sensitivity to traditional stocks and bonds, and this new position aligns with their strategy of holding corporate bonds, emphasizing their focus on portfolio diversification.
  • High Yield Risks: The HYT fund invests at least 80% of its assets in high-yield debt, which, while offering yields above market standards, comes with a steep 2.35% expense ratio that can significantly affect overall capital appreciation from this investment.
Newsfilter
8.0
02-27Newsfilter
BlackRock Closed-End Funds Distribution Announcement
  • Distribution Frequency Change: Certain BlackRock closed-end funds have announced a shift from monthly to quarterly distributions to enhance visibility on future payouts, thereby boosting investor confidence and optimizing liquidity.
  • Distribution Amount Overview: For instance, the BlackRock Municipal 2030 Target Term Trust (BTT) has a monthly distribution of $0.046400, indicating stable cash flow that is expected to attract more investors seeking reliable income.
  • Managed Distribution Plan: The BlackRock Capital Allocation Term Trust (BCAT) and BlackRock ESG Capital Allocation Term Trust (ECAT) have adopted a managed distribution plan to ensure a monthly distribution rate of 20% of each fund's 12-month rolling average net asset value, maintaining investor yield expectations.
  • Tax Compliance Notices: All funds have sent Section 19 notices to shareholders to comply with the Investment Company Act of 1940, enhancing transparency and assisting investors in understanding the sources and tax characteristics of distributions.
Newsfilter
8.0
02-27Newsfilter
BlackRock Funds Announce 2026 Distribution Plans
  • Distribution Amounts Announced: BlackRock's various funds announced distributions for February 27, 2026, with BCX distributing $0.0697 per share and BME distributing $0.2621 per share, indicating the company's ongoing cash flow and profitability.
  • Managed Distribution Plan: All funds have adopted a managed distribution plan to ensure stable monthly distributions, with BCAT and ECAT's distributions based on 20% of their 12-month rolling average net asset value, reflecting the company's robust capital management strategy.
  • Transparent Sources of Income: The sources of distributions for each fund include net income, short-term, and long-term capital gains, with BCX's distribution being 100% return of capital, showcasing its adaptability in the current market environment.
  • Increased Investor Confidence: The distribution plans and transparent income sources of BlackRock funds are expected to enhance investor confidence, promote capital inflows, and further support the company's long-term growth strategy.
moomoo
8.0
02-27moomoo
Announcement of Distribution Dates and Amounts for Specific BlackRock Closed-End Funds
  • Distribution Dates Announced: Specific distribution dates for certain BlackRock closed-end funds have been announced.

  • Amounts Specified: The announcement includes details on the amounts to be distributed for these funds.

Wall Street analysts forecast HYT stock price to rise
0 Analyst Rating
Wall Street analysts forecast HYT stock price to rise
0 Buy
0 Hold
0 Sell
Current: 0.000
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Current: 0.000
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Valuation Metrics

The current forward P/E ratio for BlackRock Corporate High Yield Fund Inc (HYT.N) is --, compared to its 5-year average forward P/E of --. For a more detailed relative valuation and DCF analysis to assess BlackRock Corporate High Yield Fund Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
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5Y Average PE
Current PE
NaN
Overvalued PE
Undervalued PE

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
Current EV/EBITDA
NaN
Overvalued EV/EBITDA
Undervalued EV/EBITDA

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
Current PS
NaN
Overvalued PS
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Financials

AI Analysis
Annual
Quarterly

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Frequently Asked Questions

What is BlackRock Corporate High Yield Fund Inc (HYT) stock price today?

The current price of HYT is 8.675 USD — it has increased 0.06

What is BlackRock Corporate High Yield Fund Inc (HYT)'s business?

BlackRock Corporate High Yield Fund, Inc. (the Trust) is a diversified, closed-end management investment company. The Trust's primary investment objective is to provide shareholders with current income. Its secondary investment objective is to provide shareholders with capital appreciation. The Trust seeks to achieve its objectives by investing primarily in a diversified portfolio of fixed income securities which are rated at the time of investment to be below investment grade or, if unrated, are considered by the investment adviser to be of comparable quality. It may invest directly in fixed income securities or synthetically through the use of derivatives. It invests at least 80% of its net assets (including assets acquired from the sale of preferred stock), plus the amount of any borrowings for investment purposes, in high yield securities, including high yield bonds, corporate loans, convertible debt securities and preferred securities. Its manager is BlackRock Advisors, LLC.

What is the price predicton of HYT Stock?

Wall Street analysts forecast HYT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for HYT is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is BlackRock Corporate High Yield Fund Inc (HYT)'s revenue for the last quarter?

BlackRock Corporate High Yield Fund Inc revenue for the last quarter amounts to NaN USD, decreased

What is BlackRock Corporate High Yield Fund Inc (HYT)'s earnings per share (EPS) for the last quarter?

BlackRock Corporate High Yield Fund Inc. EPS for the last quarter amounts to USD, decreased

How many employees does BlackRock Corporate High Yield Fund Inc (HYT). have?

BlackRock Corporate High Yield Fund Inc (HYT) has 0 emplpoyees as of May 13 2026.

What is BlackRock Corporate High Yield Fund Inc (HYT) market cap?

Today HYT has the market capitalization of 0.00 USD.