BlackRock Corporate High Yield Fund, Inc. (HYT)

US — Financial Services Sector

Peers: BSTZ BME BMEZ RQI UTF BTZ BHK NIE BDJ BUI BLW BCAT DSL DLY EMD FFC FRA PHD EFR EVF DSU

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Key Metrics & Ratings

symbol HYT
Rev/Share 1.0231
Book/Share 10.2615
PB 0.954
Debt/Equity 0.2746
CurrentRatio 4.5741
ROIC 0.0718

MktCap 1512016472.0
FreeCF/Share 1.5252
PFCF 6.8477
PE 11.1524
Debt/Assets 0.214
DivYield 0.1034
ROE 0.0884

Rating B
Score 3
Recommendation Neutral
P/E Score 3
DCF Score 1
P/B Score 3
D/E Score 3

Recent Analyst Ratings

Type	Ticker	Analyst Firm	Previous Rating	Current Rating	Previous Price Target	Current Price Target	Date
No ratings available.

News

HYT: Risky And Expensive Compared To Peers

HYT
Published: May 07, 2025 by: Seeking Alpha
Sentiment: Negative

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.

image for news HYT: Risky And Expensive Compared To Peers

Dividend Harvesting Portfolio Week 212: $21,200 Allocated, $2,083.57 In Projected Dividends

BSTZ, CCI, HYT, MO, NVDA, O, QQQI, SLG
Published: March 27, 2025 by: Seeking Alpha
Sentiment: Positive

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.

image for news Dividend Harvesting Portfolio Week 212: $21,200 Allocated, $2,083.57 In Projected Dividends

Dividend Harvesting Portfolio Week 211: $21,100 Allocated, $2,070.78 In Projected Dividends

BST, ENB, HYT, NVDA, O, SLG
Published: March 20, 2025 by: Seeking Alpha
Sentiment: Positive

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.

image for news Dividend Harvesting Portfolio Week 211: $21,100 Allocated, $2,070.78 In Projected Dividends

Dividend Harvesting Portfolio Week 210: $21,000 Allocated, $2,059.13 In Projected Dividends

BCX, ENB, HYT, O, RC, SPG
Published: March 13, 2025 by: Seeking Alpha
Sentiment: Positive

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.

image for news Dividend Harvesting Portfolio Week 210: $21,000 Allocated, $2,059.13 In Projected Dividends

About BlackRock Corporate High Yield Fund, Inc. (HYT)

IPO Date 2003-05-29
Website https://www.blackrock.com/investing/products/240182/blackrock-corporate-high-yield-fund-vi-inc-usd-fund
Industry Asset Management
CEO Charles Choon Sik Park
Employees None

BlackRock Corporate High Yield Fund, Inc. is a close ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets across the globe. The fund invests in bonds of companies operating across diversified sectors. It primarily invests in bonds rated Ba or lower by Moody's Investors Service, Inc., or BB or lower by Standard & Poor's Corporation. The fund seeks to invest in domestic and foreign high yield securities, including high yield bonds, corporate loans, convertible debt securities, and preferred securities which are below investment grade quality. It was formerly known as BlackRock Corporate High Yield Fund VI, Inc. BlackRock Corporate High Yield Fund, Inc. was formed on May 30, 2003 and is domiciled in the United States.