BlackRock Corporate High Yield FundHYT
Market Cap: $1.44B
About: BlackRock Corporate High Yield Fund Inc is a diversified, closed-end management investment company. Its investment objective is to provide shareholders with current income and capital appreciation. The trust's secondary investment objective is to provide shareholders with capital appreciation. It seeks to achieve its objectives by investing in a diversified portfolio of fixed-income securities.
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
76% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 29
0% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]
1% less funds holding
Funds holding: 145 [Q1] → 143 (-2) [Q2]
3.37% less ownership
Funds ownership: 19.79% [Q1] → 16.43% (-3.37%) [Q2]
11% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 19
17% less capital invested
Capital invested by funds: $277M [Q1] → $229M (-$47.9M) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for HYT.