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Blackrock Corporate High Yield Fund Inc. (HYT)

$9.35

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Key data on HYT

AUM

$1.33B

P/E ratio

16.2

Dividend yield

9.687%

Expense ratio

1.35%

Beta

0.642068

Price on HYT

Previous close

$9.41

Today's open

$9.43

Day's range

$9.35 - $9.43

52 week range

$7.84 - $10.02

Profile about HYT

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Headquarters

US

Exchange

New York Stock Exchange

Issue type

Common Stock

HYT industries and sectors

Bonds

Domestic

News on HYT

HYT: Attractive Growth Potential As Interest Rates Decline

BlackRock Corporate High Yield Fund (HYT) earns a buy rating for its attractive price-to-NAV, robust 9.8% yield, and consistent monthly distributions. HYT's diversified portfolio, moderate leverage, and resilience across market cycles support its income stability, despite limited NAV growth and price appreciation. The fund's performance is highly sensitive to interest rate trends; a downward rate environment could enhance HYT's operating spread and share price.

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Seeking Alpha • Dec 6, 2025

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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.

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Seeking Alpha • Jul 31, 2025

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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.

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Seeking Alpha • May 7, 2025

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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.

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Seeking Alpha • Mar 27, 2025

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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.

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Seeking Alpha • Mar 20, 2025

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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.

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Seeking Alpha • Mar 13, 2025

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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.

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Seeking Alpha • Nov 23, 2024

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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.

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Seeking Alpha • Sep 9, 2024

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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.

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Invezz • Aug 23, 2024

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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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Seeking Alpha • Apr 13, 2024

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