Blackrock Corporate High Yield Fund, Inc.
Key Metrics
Market Snapshot
About
BlackRock Corporate High Yield Fund, Inc. is a closed-end investment fund managed by BlackRock, the world's largest asset manager, that invests primarily in high-yield corporate bonds and other fixed-income securities. The fund seeks high current income by investing in below-investment-grade debt instruments, commonly known as junk bonds, which offer higher yields to compensate for increased credit risk. The fund may employ leverage to enhance returns, though this strategy also amplifies both gains and losses. As a closed-end fund, HYT issues a fixed number of shares that trade on an exchange, and its market price may trade at a premium or discount to net asset value. BlackRock's extensive credit research and portfolio management capabilities support the fund's investment strategy.