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HYT - HIPS: A High Yield With 3 Red Flags
March, 17 2022 12:51 AM
Blackrock Corporate High Yield Fund Inc.
HIPS is an income fund invested in CEFs, MLPs, REITs, and BDCs. The high yield comes with a high expense ratio and share price decay. The current distribution per share doesn’t look sustainable in the long term. An alternative high-yield strategy taking into account total return. For further details see:
HIPS: A High Yield With 3 Red Flags
Stock Information
Company Name:
Blackrock Corporate High Yield Fund Inc.
Stock Symbol:
HYT
Market:
NYSE
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