HYT - Shares of Blackrock Corporate High Yield Fund Inc. (HYT) Rise to a New 52-Week High
Shares of Blackrock Corporate High Yield Fund Inc. (NYSE:HYT) traded at a new 52-week high today of $12.09. So far today approximately 96,000 shares have been exchanged, as compared to an average 30-day volume of 308,000 shares.
BlackRock Corporate High Yield Fund Inc is a diversified, closed-end management investment company. Its investment objective is to provide shareholders with current income and capital appreciation. The trust's secondary investment objective is to provide shareholders with capital appreciation. It seeks to achieve its objectives by investing primarily in a diversified portfolio of fixed-income securities.
Based on a current price of $12.05, Blackrock Corporate High Yield Fund Inc. is currently 1.2% above its average consensus analyst price target of $11.90.
In the past 52 weeks, Blackrock Corporate High Yield Fund Inc. share prices are bracketed by a low of $9.11 and a high of $12.09 and is now at $12.05, 32% above that low price.
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