HYT · CIK 0001222401 · other
BlackRock Corporate High Yield Fund, Inc. is a closed-end fixed income investment fund that provides exposure to high-yield debt securities. The fund invests primarily in bonds rated Ba or lower by Moody's Investors Service or BB or lower by Standard & Poor's Corporation, focusing on below-investment-grade corporate debt across global markets. Portfolio holdings include high-yield bonds, corporate loans, convertible debt securities, and preferred securities issued by companies across diversified industrial and commercial sectors. The fund was formed in May 2003 and is domiciled in the United States.
The fund is managed by BlackRock Advisors, LLC, a subsidiary of BlackRock, Inc., which serves as the investment advisor and primary operational function. Revenue is generated through management fees charged on fund assets under management. The fund trades on the New York Stock Exchange under the ticker HYT, operating as a publicly traded closed-end fund structure that allows shareholders to purchase and sell shares at market prices.
The fund maintains a globally diversified portfolio with exposure to both domestic and foreign high-yield securities, providing investors with income generation and credit risk exposure across the below-investment-grade corporate debt spectrum.
No 10-K filings found.