BlackRock Corporate High Yield Fund, Inc. (HYT) Stock
The BlackRock Corporate High Yield Fund, Inc. operates as a closed-end mutual fund with a focus on fixed income instruments.
Valuation
Financials & Margins
Annual Financials (USD)
Balance Sheet (USD)
Cash Flow (USD)
Valuation & Return Ratios
Ownership
Peer Comparison
About BlackRock Corporate High Yield Fund, Inc.
The BlackRock Corporate High Yield Fund, Inc. operates as a closed-end mutual fund with a focus on fixed income instruments. Managed by BlackRock Advisors, LLC, its investment strategy spans global fixed income markets. The fund primarily builds its portfolio with bonds issued by companies from a diverse range of sectors. A significant portion of its holdings consists of debt instruments rated Ba or lower by Moody's Investors Service, Inc., or BB or lower by Standard & Poor's Corporation, signifying a high-yield, below-investment-grade focus. Its mandate includes seeking out both domestic and international high-yield securities, such as corporate bonds, corporate loans, convertible debt, and preferred stocks, all characterized as below investment grade quality. Founded on May 30, 2003, this U.S.-domiciled fund was previously known as BlackRock Corporate High Yield Fund VI, Inc.
BlackRock Corporate High Yield Fund, Inc. is headquartered in US.
BlackRock Corporate High Yield Fund, Inc. (HYT) stock trades at $8.41 with a market capitalization of $1.37B. The stock is valued at a price-to-earnings (P/E) ratio of 17.52, price-to-book of 0.86, price-to-sales of 18.70. Over the past 52 weeks the stock has ranged between $8.22 and $9.88, and currently trades 14.9% below its 52-week high. It pays a dividend yielding 11.06%.
On profitability, BlackRock Corporate High Yield Fund, Inc. generates a return on equity (ROE) of 4.90%, return on capital employed of 3.33%, an operating margin of 91.61%, a net profit margin of 104.21%.
Official website: www.blackrock.com/investing/products/240182/blackrock-corporate-high-yield-fund-vi-inc-usd-fund