HYT
Corporate High Yield Fund
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HYT
Corporate High Yield Fund
- Market Price as of Dec 01, 2023 $8.83
- 1 Day Price Change as of Dec 01, 2023 0.10 (1.15%)
- Distribution Rate as of Dec 01, 2023 10.59%
- Premium Discount as of Dec 01, 2023 -6.36%
Overview
Investment Approach
BlackRock Corporate High Yield Fund, Inc.’s (HYT) (the 'Trust') primary investment objective is to provide shareholders with current income. The Trust’s
secondary investment objective is to provide shareholders with capital appreciation. The Trust seeks to achieve its objectives by investing, under normal
market conditions, at least 80% of its assets in domestic and foreign high yield securities, including high yield bonds (commonly referred to as 'junk'
bonds), corporate loans, convertible debt securities and preferred securities which are below investment grade quality. The Trust may invest directly in
such securities or synthetically through the use of derivatives.
No assurance can be given that the Trust’s investment objective will be achieved.
A SOURCE OF HIGH INCOME
High yield bonds have historically provided higher levels of income than core bonds*
FLEXIBILITY FOR CHANGING MARKETS
The fund seeks to prudently balance income, risk and return through diverse markets
PROVEN RECORD OF INCOME AND RETURNS
The fund has navigated diverse market conditions while delivering an attractive yield
Performance
Performance
Growth of Hypothetical $10,000
Source: Lipper. Data reflects different methodology from the BlackRock calculated returns in the Returns tab. The Growth of Hypothetical $10,000 chart reflects a hypothetical $10,000 investment in the fund. The chart uses NAV performance or market price performance and assumes reinvestment of dividends and capital gains. The chart assumes Fund expenses, including management fees and other expenses were deducted. The starting NAV for the NAV performance chart reflects a deduction of the sales charge from the initial public offering price.