BlackRock Corporate High Yield Fund

The BlackRock Corporate High Yield Fund offers a 9.48% yield, appealing to retirees seeking high income with reasonable capital preservation compared to peers. Despite recent bond market declines, the fund's total return since September 2024 is 0.84%, outperforming investment-grade bonds but lagging junk bonds. The fund has been decreasing its exposure to floating-rate assets, which is the best move in the current monetary environment.

HYT: Decreasing Exposure To Floating-Rate Securities Is The Correct Move Today

BlackRock Corporate High Yield Fund offers a 9.44% yield, making it attractive for income-seeking investors, especially retirees needing regular monthly payments. Despite recent strong performance, HYT's future gains are limited due to already priced-in interest rate cuts. The fund's leverage is lower than peers, reducing risk, but its reliance on a revolving credit line for cash needs could be concerning.

HYT: This Is A Decent Junk Bond Fund, But It Does Not Deserve Its Current Premium

Schwab U.S. Broad Market ETF

Schwab US Dividend Equity ETF

Schwab 1000 Index ETF

Schwab U.S. Large-Cap ETF

The Schwab US Dividend Equity (SCHD) ETF has had robust inflows this year as it moved to its all-time high. Its total returns this year stood at almost 10%, meaning that it has lagged the performance of the mainstream funds that track the S&P 500 and Nasdaq 100 indices.

Love the SCHD ETF? SCHK, SCHB, SCHX, and HYT are good too

The BlackRock Corporate High Yield Fund invests in non-investment grade bonds as an actively managed closed-end fund. Climbing interest rates at a time when credit spreads are at a historically low level highlight key risks to consider. We expect to see high-yield bonds and the HYT fund to face rising levels of volatility amid a more uncertain macro backdrop.

HYT: Leveraged High-Yield Bond Fund Faces Trifecta Of Headwinds

Many CEFs are currently trading at historically wide discounts to NAV but HYT is not. The BlackRock Corporate High Yield Fund is currently trading at a 1.3% discount to NAV, lower than its historical average of ~7.7%. HYT has a strong history of delivering solid results for shareholders on both an absolute and risk-adjusted basis.

HYT: Wait For A Wider Discount To NAV Before Buying

BlackRock Corporate High Yield Fund, Inc offers a high level of income with a current yield of 10.70%, one of the highest in the market. The HYT closed-end fund has underperformed the Bloomberg U.S. Aggregate Bond Index and the Bloomberg High Yield Very Liquid Index over the past two months. Despite the underperformance, the HYT fund has a diversified portfolio and a reasonable level of leverage, making it an attractive option for income-seeking investors.

HYT: A Solid Junk Bond Fund With A Sustainable 10.70% Yield

BlackRock Corporate High Yield Fund offers a 10.13% yield, providing investors with extra income in an inflationary environment. The fund's recent performance has been surprising, with its share price rising despite rising interest rates. The fund's focus on junk bonds and floating-rate assets may explain its strong recent performance as investors are fleeing into low-duration assets.

HYT: Surprisingly Strong Recent Performance And Improving Financials

Investors are in desperate need of additional sources of income to cover the rapidly-rising cost of living. BlackRock Corporate High Yield Fund, Inc invests in a portfolio of corporate junk bonds with the goal of providing its investors a high level of income, so it is understandably appealing. The market appears overly optimistic about interest rates, and the Federal Reserve could torpedo the fund by failing to cut near term.

HYT: Wait For Price To Drop Before Buying In Due To Risks

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PGIM High Yield Bond Fund

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Too many folks are letting so-called “safe” yields on Treasuries distract them from the real action these days: 10 “stealth” bond plays yielding way more!

10 Big 9%+ Dividends 'Basic' Investors Have Missed

Investors are desperately in need of income due to the rising cost of living. BlackRock Corporate High Yield Fund, Inc. invests in a portfolio consisting primarily of junk bonds and then applies a layer of leverage to boost the effective yield to provide this income.

HYT: A Worthwhile CEF, But May Have To Cut The Distribution

BlackRock Corporate High Yield Fund is a fixed income closed end fund. We own the name and have put a Buy rating next to it in several past articles.

HYT: Moving From Buy To Hold On This High Yield CEF

The incredibly high level of inflation has caused many investors to look for ways to increase their incomes in order to maintain their standard of living. BlackRock Corporate High Yield Fund, Inc invests in a portfolio of high-yield bonds in order to provide that income.

HYT: Very Attractive Portfolio But Distribution May Be At Risk

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Delaware Enhanced Global Dividend & Income Fund

Eaton Vance Enhanced Equity Income Fund

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Eagle Capital Growth Fund Inc

Gabelli Utility Trust

John Hancock Preferred Income Fund II

John Hancock Preferred Income Fund

New American High Income Fund

Ivy High Income Opportunities Fund

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Virtus AllianzGI Convertible & Income Fund II

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Pimco Municipal Income Fund II

Pimco California Municipal Income Fund III

RiverNorth Opportunities Fund, Inc.

Tortoise Power and Energy Infrastructure Fund

Tortoise Pipeline & Energy Fund

Tortoise Energy Infrastructure

Virtus Total Return Fund

12 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Tortoise offer tender results.

Weekly Closed-End Fund Roundup: Tortoise Tender Results, NCZ Resumes Distributions (November 6, 2022)

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Doubleline Opportunistic Credit Fund

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Eagle Point Income Company Inc

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Gabelli Convertible and Income Securities Fund

Gabelli Multimedia Trust

Gabelli Global Utility & Income Trust

John Hancock Hedged Equity & Income Fund

New Ireland Fund Inc

Madison Fund

Putnam Municipal Opportunities Trust

Cohen And Steers Total Return Realty Fund

Franklin Templeton Emerging Markets Income Fund

16 out of 23 CEF sectors positive on price and 12 out of 23 sectors positive on NAV last week. Watch for overvalued CEFs as market volatility rises.

Weekly Closed-End Fund Roundup: Tortoise Tender Offers Expiring (October 23, 2022)

John Hancock Financial Opportunities Fund

Virtus Stone Harbor Emerging Markets Income Fund 

Eaton Vance Tax-Advantaged Global Dividend Income Fund

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

Gabelli Equity Trust

Nuveen Arizona Quality Municipal Income Fund

Nuveen Municipal Credit Opportunities Fund

Putnam High Income Securities Fund

Columbia Seligman Premium Technology Growth Func Inc

Delaware Investments

0 out of 23 CEF sectors are positive on price and 0 out of 23 sectors are positive on NAV over the last week. BlackRock CEFs are repurchasing their shares.

Weekly Closed-End Fund Roundup: BlackRock CEFs Repurchasing Shares (October 16, 2022)

HYT has announced its rights offering results. Subscribers received a slim discount to the market price.

HYT: Rights Offering Results Quick Notes

HYT finalized its rights offering on October 13, 2022. The rights offering is expected to result in the issuance of more than 20.3 million new shares.

HYT Rights Offering Results And Implications

NEW YORK--(BUSINESS WIRE)--BlackRock Corporate High Yield Fund, Inc. (NYSE: HYT) (the "Fund") today announced the successful completion of its transferable rights offer (“the Offer”).

BlackRock Corporate High Yield Fund, Inc. Announces Results of Its Rights Offering

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TCG BDC

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PIMCO Income Strategy Fund II

Invesco Senior Income Trust

I have often compared CNBC to the ESPN sports network, with panels of experts giving non-stop commentary on the sports or financial worlds. Both have the same business model: get viewers addicted so they'll watch all the time, regardless of whatever is happening.

Credit Investing Looks More Attractive Than Ever (Turn Off CNBC!)

iShares iBoxx High Yield Corporate Bond ETF

SPDR Bloomberg High Yield Bond ETF

VanEck Fallen Angel High Yield Bond ETF

Nuveen Credit Strategies Income Fund

True, a recession could be coming. But the underlying math of low defaults, solid companies with cleaned-up balance sheets, and higher yields creates an opportunity for investors.

Junk-Bond Yields Top 8%. It Could Be a Good Time to Buy.

HYT rights offering is announced. The subscription floor has a floor at a -10% discount.

HYT: Rights Offering Quick Notes

14 out of 23 CEF sectors were positive on price and 16 out of 23 sectors were positive on NAV last week. HYT conducts a rights offering.

Weekly Closed-End Fund Roundup: ZTR Offering Expires (September 11, 2022)

BlackRock Corporate High Yield Fund is a closed end fund focused on high-yield debt. The fund came out yesterday with a rights offering announcement.

Smart Rights Offering From HYT

NEW YORK--(BUSINESS WIRE)--BlackRock Corporate High Yield Fund, Inc. (NYSE: HYT) (the "Fund") today announced that its Board of Directors (the "Board") has approved the terms of the issuance of transferable rights ("Rights") to the holders of shares of the Fund's common stock (par value $0.10 per share) ("Shares") as of September 20, 2022 (the "Record Date"). Holders of Rights will be entitled to subscribe for additional Shares (the "Offer") at a discount to the market price of the Shares. Afte

BlackRock Corporate High Yield Fund, Inc. Announces Terms of Rights Offering

NEW YORK--(BUSINESS WIRE)--The Board of Directors of BlackRock Corporate High Yield Fund, Inc. (NYSE: HYT, CUSIP: 09255P107) (the “Fund”) today announced the early declaration of a regular monthly distribution for October. Shares of the Fund acquired after October 3, 2022 will not be entitled to the distribution. We expect that the Fund will declare its November distribution on November 1, 2022. Declaration- 9/8/2022 Ex-Date- 10/4/2022 Record- 10/5/2022 Payable-10/31/2022 Fund Ticker Distributi

Early Declaration of Regular Distribution Announced for BlackRock Corporate High Yield Fund, Inc.

News for BlackRock Corporate High Yield Fund ETF (HYT)