HYT Company Profile and Key Details

BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) closed at $8.48 USD, losing -$0.17 (-1.91%) from the previous close of $8.65. The stock is currently within 5% of its 52-week low $8.22 and $9.88. With a market capitalization of about $1.38 billion, BlackRock Corporate High Yield Fund, Inc. is classified as a small-cap and shows lower-than-market volatility (beta ~0.60). Key stats such as the average daily volume over the past year has been around 881.70 thousand shares, in line with its 52-week average. Headquartered in New York City, NY, BlackRock Corporate High Yield Fund, Inc. operates in the Financial Services sector and the Asset Management industry. 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.

Short-term trend indicators are bullishly aligned (SMA20 0.0%, SMA50 -0.12%, SMA200 -5.21%). The stock’s 14-day RSI is 48.33 (neutral), while the ATR of 0.07 points to tighter daily ranges. The stock remains hovering near 52-week lows, trading -9.83% below its high and over 13.86% above its low. Average 10-day trading volume of 669.18 thousand shares is below the 3-month average of 886.78 thousand, indicating normal recent market interest.

BlackRock Corporate High Yield Fund, Inc. trades at a P/E ratio of 11.77, slightly below the S&P 500 average, with a price-to-sales ratio of 12.68 and a price-to-book ratio of 0.87 suggesting the stock is closer to book value. The P/FCF stands at -111.54, also below market averages.

BlackRock Corporate High Yield Fund, Inc. last paid a dividend of 0.93 per share, this equals a trailing yield of roughly 10.4%. Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around -$2.19. This means the shares are trading below this model’s fair value.