(HYT) BlackRock Corporate High - Ratings and Ratios

Exchange: NYSE • Country: USA • Currency: USD • Type: Fund • ISIN: US09255P1075 • High Yield Bond

HYT: Bonds, Loans, Debt Securities, Corporate Notes

The BlackRock Corporate High Yield Fund, traded on the New York Stock Exchange under the ticker HYT, is a type of investment fund that specifically focuses on high-yield bonds. With an ISIN of US09255P1075, this fund is designed to provide investors with a diversified portfolio of corporate bonds that offer higher yields compared to investment-grade bonds, albeit with a higher level of credit risk. The fund's style, categorized as high-yield bond, indicates its primary investment strategy is to generate income by investing in lower-rated corporate bonds that have the potential to provide higher returns.

As a high-yield bond fund, HYT invests in a broad range of corporate bonds that are rated below investment grade by major credit rating agencies. These bonds, often referred to as 'junk bonds,' are issued by companies that may have a higher risk of default, which is why they offer higher yields to attract investors. The fund's portfolio is managed by BlackRock, one of the world's largest asset managers, which uses its expertise and resources to select a diversified portfolio of high-yield bonds that aim to balance risk and return. By spreading investments across various sectors and issuers, the fund seeks to mitigate the risk associated with individual bond defaults, thereby providing a more stable source of income for its investors.

Investing in the BlackRock Corporate High Yield Fund can provide several benefits, including regular income, diversification, and the potential for long-term capital appreciation. However, it's essential for investors to understand that high-yield bond funds like HYT come with higher credit risk and the possibility of price volatility. As such, they are typically suited for investors with a medium to long-term investment horizon and a tolerance for higher risk. The fund's performance can be influenced by various market and economic factors, including interest rates, credit spreads, and the overall health of the corporate bond market, making it crucial for investors to monitor and adjust their investment strategies accordingly.

Additional Sources for HYT Fund

HYT Fund Overview

Market Cap in USD 1,253m
Style High Yield Bond
TER 1.51%
IPO / Inception 2003-05-30

HYT Fund Ratings

Growth 5y 47.8%
Fundamental -
Dividend 69.5%
Rel. Strength Industry 438
Analysts -
Fair Price Momentum 10.12 USD
Fair Price DCF -

HYT Dividends

Dividend Yield 12m 8.77%
Yield on Cost 5y 12.05%
Annual Growth 5y 0.00%
Payout Consistency 94.2%

HYT Growth Ratios

Growth Correlation 3m 44.3%
Growth Correlation 12m 95.7%
Growth Correlation 5y 54.5%
CAGR 5y 6.56%
CAGR/Mean DD 5y 0.72
Sharpe Ratio 12m 1.04
Alpha -6.48
Beta 0.80
Volatility 9.92%
Current Volume 1272.7k
Average Volume 20d 587.9k
What is the price of HYT stocks?
As of January 21, 2025, the stock is trading at USD 9.78 with a total of 1,272,689 shares traded.
Over the past week, the price has changed by +0.91%, over one month by +1.43%, over three months by +0.96% and over the past year by +13.85%.
Is BlackRock Corporate High a good stock to buy?
Partly, yes. Based on ValueRay Analyses, BlackRock Corporate High (NYSE:HYT) is currently (January 2025) ok to buy, but has to be watched. It has a Growth Technical Rating of 47.78 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of HYT as of January 2025 is 10.12. This means that HYT is currently overvalued and has a potential downside of 3.48%.
Is HYT a buy, sell or hold?
BlackRock Corporate High has no consensus analysts rating.
What are the forecast for HYT stock price target?
According to ValueRays Forecast Model, HYT BlackRock Corporate High will be worth about 11.2 in January 2026. The stock is currently trading at 9.78. This means that the stock has a potential upside of +14.31%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 11.2 14.3%