BlackRock Corporate High Yield Fund, Inc. $HYT Shares Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC increased its holdings in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 55.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 227,377 shares of the investment management company’s stock after buying an additional 80,800 shares during the quarter. International Assets Investment Management LLC’s holdings in BlackRock Corporate High Yield Fund were worth $1,944,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Polar Asset Management Partners Inc. acquired a new stake in BlackRock Corporate High Yield Fund during the 3rd quarter worth about $2,031,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of BlackRock Corporate High Yield Fund by 122.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 253,818 shares of the investment management company’s stock valued at $2,259,000 after buying an additional 139,603 shares during the period. Paller Financial Services Inc acquired a new position in shares of BlackRock Corporate High Yield Fund in the 4th quarter valued at about $1,384,000. TrueMark Investments LLC purchased a new stake in shares of BlackRock Corporate High Yield Fund in the first quarter worth about $1,158,000. Finally, Ionic Capital Management LLC purchased a new stake in shares of BlackRock Corporate High Yield Fund in the fourth quarter worth about $578,000.

BlackRock Corporate High Yield Fund Trading Down 0.1%

Shares of HYT stock opened at $8.52 on Monday. The stock has a 50 day moving average of $8.57 and a 200 day moving average of $8.68. BlackRock Corporate High Yield Fund, Inc. has a twelve month low of $8.22 and a twelve month high of $9.88.

BlackRock Corporate High Yield Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a dividend of $0.0779 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 11.0%.

BlackRock Corporate High Yield Fund Company Profile

BlackRock Corporate High Yield Fund (NYSE: HYT) is a diversified, closed-end management investment company designed to offer investors exposure to the credit market’s higher-yielding segment. The fund primarily seeks to generate high current income by investing in below-investment-grade corporate debt securities across a broad range of industries. It may also allocate a portion of its assets to investment-grade bonds and cash equivalents, allowing for flexible portfolio positioning in response to market conditions.

HYT’s investment strategy emphasizes bottom-up credit research, focusing on issuers with strong cash flow potential and sound balance sheets relative to their high-yield peers.