HYT icon

BlackRock Corporate High Yield Fund

9.51 USD
+0.00
0.00%
At close Aug 25, 4:00 PM EDT
After hours
9.51
+0.00
0.00%
1 day
0.00%
5 days
-1.04%
1 month
-2.96%
3 months
-1.45%
6 months
-2.96%
Year to date
-3.94%
1 year
-4.33%
5 years
-13.62%
10 years
-3.06%
 

About: BlackRock Corporate High Yield Fund Inc is a diversified, closed-end management investment company. Its investment objective is to provide shareholders with current income and capital appreciation. The trust's secondary investment objective is to provide shareholders with capital appreciation. It seeks to achieve its objectives by investing in a diversified portfolio of fixed-income securities.

0
Funds holding %
of 7,429 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

183% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 6

29% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 41

4% more funds holding

Funds holding: 141 [Q1] → 147 (+6) [Q2]

1.35% more ownership

Funds ownership: 15.59% [Q1] → 16.94% (+1.35%) [Q2]

2% more capital invested

Capital invested by funds: $231M [Q1] → $236M (+$4.36M) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]

Research analyst outlook

We haven’t received any recent analyst ratings for HYT.

Financial journalist opinion

Positive
Seeking Alpha
3 weeks ago
HYT: Corporate Bond Fund Offering Income Stability
BlackRock Corporate High Yield Fund offers a compelling 9.5% yield and monthly payouts, making it ideal for income-focused investors seeking stability amid market volatility. The fund's diverse portfolio and consistent earnings history support reliable distributions, though capital appreciation is limited in bull markets. HYT is sensitive to interest rates and defaults due to its high leverage and below-investment-grade holdings, posing risks if rates remain high.
HYT: Corporate Bond Fund Offering Income Stability
Negative
Seeking Alpha
3 months ago
HYT: Risky And Expensive Compared To Peers
The BlackRock Corporate High Yield Fund offers a 9.76% yield, higher than major bond indices but lower than many peer funds. The fund's recent performance has been slightly disappointing, with a 2.84% decline since November 2024, partly due to leverage amplifying losses. The market appears to be doubting a recession, but if one occurs, then junk bonds appear overpriced.
HYT: Risky And Expensive Compared To Peers
Positive
Seeking Alpha
4 months ago
Dividend Harvesting Portfolio Week 212: $21,200 Allocated, $2,083.57 In Projected Dividends
The FOMC meeting provided clarity on future rate cuts, boosting market sentiment; the Dividend Harvesting Portfolio saw a 0.88% increase in profitability. The Dividend Harvesting Portfolio, with a 25.87% return on invested capital, generated $12.60 in week 212, raising forward annualized dividend income to $2,083.57. I added to NEOS NASDAQ-100 (R) High Income ETF and BlackRock Corporate High Yield Fund, anticipating bullish outcomes from Fed rate cuts and corporate debt appreciation.
Dividend Harvesting Portfolio Week 212: $21,200 Allocated, $2,083.57 In Projected Dividends
Positive
Seeking Alpha
5 months ago
Dividend Harvesting Portfolio Week 211: $21,100 Allocated, $2,070.78 In Projected Dividends
The Dividend Harvesting Portfolio faced a challenging week, declining by -2.43%, but still maintains a 24.99% return on invested capital and a 9.81% yield. I added to Enbridge, BlackRock Science and Technology Trust, and BlackRock Corporate High Yield Fund, capitalizing on market pullbacks and tariff talks. Despite market volatility, the portfolio continues to generate substantial dividend income, with a forward projected annualized dividend income of $2,070.78.
Dividend Harvesting Portfolio Week 211: $21,100 Allocated, $2,070.78 In Projected Dividends
Positive
Seeking Alpha
5 months ago
Dividend Harvesting Portfolio Week 210: $21,000 Allocated, $2,059.13 In Projected Dividends
Despite a tough week for the market, the Dividend Harvesting Portfolio declined by only -1.8%, outperforming the S&P 500's -3.27% drop. The portfolio's diversification and focus on recurring income and risk mitigation have proven effective, with a 27.42% return on invested capital. New additions, BlackRock Corporate High Yield Fund and BlackRock Resource & Commodities Strategic Trust, are expected to enhance income generation and portfolio stability.
Dividend Harvesting Portfolio Week 210: $21,000 Allocated, $2,059.13 In Projected Dividends
Positive
Seeking Alpha
9 months ago
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 fund's total return since September 2024 is 0.84%, outperforming investment-grade bonds but lagging junk bonds. The fund has been decreasing its exposure to floating-rate assets, which is the best move in the current monetary environment.
HYT: Decreasing Exposure To Floating-Rate Securities Is The Correct Move Today
Neutral
Seeking Alpha
11 months ago
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, HYT's future gains are limited due to already priced-in interest rate cuts. The fund's leverage is lower than peers, reducing risk, but its reliance on a revolving credit line for cash needs could be concerning.
HYT: This Is A Decent Junk Bond Fund, But It Does Not Deserve Its Current Premium
Positive
Invezz
1 year ago
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 of the mainstream funds that track the S&P 500 and Nasdaq 100 indices.
Love the SCHD ETF? SCHK, SCHB, SCHX, and HYT are good too
Neutral
Business Wire
1 year ago
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
NEW YORK--(BUSINESS WIRE)---- $BBN--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Certain BlackRock Funds previously declared their June distributions on May 20, 2024 BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT), BlackRock Capital Allocation Term Trust (NYSE: BCAT), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Science and Technology Term Trust (NYSE: BSTZ), and BlackRock Innovation and Growth Term Trust (NYSE: BIGZ) previous.
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
Negative
Seeking Alpha
1 year ago
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 level highlight key risks to consider. We expect to see high-yield bonds and the HYT fund to face rising levels of volatility amid a more uncertain macro backdrop.
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