BlackRock Fund Quote

HYT Fund  USD 8.50  0.05  0.58%   

Market Performance

1 of 100

Odds Of Distress

Less than 41

BlackRock Corporate is selling for under 8.50 as of the 24th of March 2023; that is -0.58 percent decrease since the beginning of the trading day. The fund's last reported lowest price was 8.47. BlackRock Corporate has about a 41 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for BlackRock Corporate High are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of January 2023 and ending today, the 24th of March 2023. Click here to learn more.
BlackRock Corporate High Yield Fund, Inc. is a close ended fixed income mutual fund launched by BlackRock, Inc. BlackRock Corporate High Yield Fund, Inc. was formed on May 30, 2003 and is domiciled in the United States. Blackrock High is traded on New York Stock Exchange in the United States.. The company has 146.78 M outstanding shares of which 63.28 K shares are currently shorted by investors with about 0.11 days to cover. More on BlackRock Corporate High

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BlackRock Corporate Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. BlackRock Corporate's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding BlackRock Corporate or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOJohn Perlowski
Fama & French Classification
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of BlackRock Corporate's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
Last Dividend Date14th of November 2022
Next Fiscal Year End31st of December 2023
Most Recent Quarter30th of June 2022
Last Fiscal Year End31st of December 2021
Date Short Interest15th of November 2022
BlackRock Corporate High [HYT] is traded in USA and was established 24th of March 2023. The fund is not classified under any group at the present time. The fund currently has in assets under management (AUM) with no minimum investment requirements BlackRock Corporate High has about 947.86 K in cash with 275.37 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check BlackRock Corporate Probability Of Bankruptcy

BlackRock Corporate Target Price Odds Analysis

Attributed to a normal probability distribution, the odds of BlackRock Corporate jumping above the current price in 90 days from now is about 84.13%. The BlackRock Corporate High probability density function shows the probability of BlackRock Corporate fund to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon BlackRock Corporate has a beta of 0.7775. This usually indicates as returns on the market go up, BlackRock Corporate average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BlackRock Corporate High will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. BlackRock Corporate High is significantly underperforming NYSE Composite.
  Odds Below 8.5HorizonTargetOdds Above 8.5
15.65%90 days
Based on a normal probability distribution, the odds of BlackRock Corporate to move above the current price in 90 days from now is about 84.13 (This BlackRock Corporate High probability density function shows the probability of BlackRock Fund to fall within a particular range of prices over 90 days) .

BlackRock Corporate Top Holders

BlackRock Corporate High Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. BlackRock Corporate market risk premium is the additional return an investor will receive from holding BlackRock Corporate long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in BlackRock Corporate. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although BlackRock Corporate's alpha and beta are two of the key measurements used to evaluate BlackRock Corporate's performance over the market, the standard measures of volatility play an important role as well.

BlackRock Corporate Against Markets

Picking the right benchmark for BlackRock Corporate fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in BlackRock Corporate fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for BlackRock Corporate is critical whether you are bullish or bearish towards BlackRock Corporate High at a given time.