CEF Advisors

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

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BlackRock Corporate High Yield Fund (HYT)

Taxable Bond Funds - High Yield Bond Funds

Data as of Sept. 28, 2020
Market Price $10.56 (+ $0.05)
NAV (Sept. 28, 2020) $11.22 (+ $0.07)
Premium / Discount -5.88% (-0.14%)
Fund Info
Inception May 30, 2003
Sponsor BlackRock Advisors
Website www.blackrock.com/inve...
Phone 1-800-882-0052
Objective: Current income; US and foreign high yield securities including junk bonds
Related Indexes
12 Major CEF Sectors Index
High Yield Bond Index
60/40 Balanced (w/ BDCs) Index
Taxable Bond & BDC Index
US Bond Index
Capital & Leverage
Outstanding Shares 121,904,056
Total Assets (Reported: June 30, 2020) $1,976M
Estimated Total Assets $1,976M
Net Assets $1,368M
Market Cap $1,287M
Purchases Turnover 68.86%
Sales Turnover 65.60%
Total Leverage 30.79%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 1.64%
Non Lev Exp Ratio 0.93%
Rel Lev Cost 1.53%
Discount Data
Average Discount (3 Yr) -9.53%
Discount Low(3 Yr) -24.33%
Discount High(3 Yr) -2.10%
Discount Rel Range 82.99%
Comp Discount 1.64
Discount St Dev (1Yr) 2.66
Z-Stat (6mo) 0.12
Z-Stat (1Yr) 0.26
Z-Stat (3Yr) 1.28
Comp Z-Stat (6mo) -0.23
Comp Z-Stat (3Yr) 1.32
Distribution Data
Market Yield 8.85%
Income Yield 8.07%
Lev Adj NAV Yield 6.37%
Distribution Frequency M
Current Distribution $0.078
Current Income $0.071
Ex-Date 9/14/20
Payable Date 9/30/20
Div Growth (3yr) 11.29%
Dividend Change 8.2% on 10/1/19
Expected Div 10/1/20
RoC (1yr) 11.15%
RoC (3yr) 4.73%
Tax Dividend Data 2019 2017 - 2019
Income 96.4% 98.8%
ST Gains 0% 0%
QDI 3.5% 4.1%
LT Gains 0% 0%
RoC 3.6% 1.2%
Volume & Liquidity
Average Daily $ (M) $4,097
Avg Volume 30 day 406,382
Avg Volume 90 day 387,984
Volume Trend 4.74%
Comp Volume Trend -0.41%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's High Yield Bond Index
Most Correlated Peer (Mk Pr): EAD 96.0%
NAV - Price Correlation (30 d) 93.8%
NAV - Price Correlation (90 d) 82.3%
NAV - Price Correlation (1 Yr) 96.8%
Price St Dev (1Yr) 38.7%
NAV St Dev (1Yr) 17.5%
Earnings / Share (7/31/20) $0.069
Earn Coverage 88.83%
Earnings Trend Up
UNII / Share (7/31/20) $-0.052
Rel UNII -6.10
UNII Trend Down
Bond Specific Data
Maturity 7.94
Duration 4.82
Credit Rating (rbo) B
Investment Grade 9.14%
Non Investment Grade 86.38%
Unrated Bonds 4.49%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's High Yield Bond Index


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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