# Blackrock Corporate High Yield Fund Inc. (HYT) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Financial Services / Capital Markets. Price $8.24, market value $1.6 billion.

## Valuation
- **P/E (trailing): 13.7×** (5-yr avg 7.4×, 3-yr avg 7.4×). Blackrock Corporate High Yield Fund Inc. trades at 13.7× trailing earnings, well above its own five-year average of 7.4×: investors are paying up relative to the company's past. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 11.0×**. Each dollar of revenue is priced at 11.0×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 0.9×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Free-cash-flow yield: 1.3%** (5-yr avg 11.2%). Free cash flow equals 1.3% of the market value, below its five-year average of 11.2%, so the shares are pricier on cash than usual.
- **Earnings yield: 7.3%**. The inverse of the P/E: 7.3% of the price is earned each year.

## Profitability
- **Net margin: 99.4%**. 99.4% of each dollar of sales reaches the bottom line.
- **Return on equity: 9.3%**. 9.3% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: 7.2%**. Each dollar of assets produces 7.2% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 14.6%**. Revenue grew 14.6% over the last year.
- **Free-cash-flow growth (3 yr): -32.9%/yr**. Free cash flow has compounded at -32.9% a year over three years.

## Financial health
- **Cash and short-term investments: $449,241**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 11.34%** ($0.94 per share, trailing). Blackrock Corporate High Yield Fund Inc. yields 11.34%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 98%** (691% of free cash flow). 98% of earnings goes out as dividends, leaving a thin cushion.
- **Consecutive years of increases: 3**. 3 straight years of increases.
- **Dividend growth (5 yr): 0.0%/yr** (1-yr 0.0%). The dividend has not grown over five years.
- **Shareholder yield: 6.1%**. Dividends plus net buybacks return 6.1% of the market value a year.

## Price and momentum
- **Total return (1 yr): -4.7%** (YTD -1.4%, 3-mo -2.3%). The shares are down 4.7% over twelve months including dividends.
- **From 52-week high: -14.3%** (0.2% above the low). Trading 14% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 38**. An RSI of 38 is neutral.
- **Beta (1 yr): 0.39** (volatility 10%). Beta of 0.39 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=HYT · Page: https://foliofundamentals.com/stocks/hyt

Not investment advice.
