77,288 Shares in BlackRock Corporate High Yield Fund, Inc. $HYT Acquired by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. purchased a new stake in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) during the 2nd quarter, HoldingsChannel reports. The fund purchased 77,288 shares of the investment management company’s stock, valued at approximately $662,000.

A number of other large investors have also recently bought and sold shares of HYT. Newbridge Financial Services Group Inc. acquired a new position in BlackRock Corporate High Yield Fund during the third quarter worth $28,000. Kestra Advisory Services LLC bought a new position in shares of BlackRock Corporate High Yield Fund during the fourth quarter valued at $33,000. Main Street Group LTD acquired a new stake in shares of BlackRock Corporate High Yield Fund in the 1st quarter valued at $34,000. EverSource Wealth Advisors LLC boosted its stake in shares of BlackRock Corporate High Yield Fund by 47.3% in the 4th quarter. EverSource Wealth Advisors LLC now owns 4,354 shares of the investment management company’s stock valued at $39,000 after purchasing an additional 1,399 shares in the last quarter. Finally, Harbour Investments Inc. grew its holdings in shares of BlackRock Corporate High Yield Fund by 634.7% in the 4th quarter. Harbour Investments Inc. now owns 7,935 shares of the investment management company’s stock worth $71,000 after purchasing an additional 6,855 shares during the last quarter.

BlackRock Corporate High Yield Fund Trading Up 0.4%

Shares of BlackRock Corporate High Yield Fund stock opened at $8.26 on Monday. The company has a 50-day simple moving average of $8.44 and a 200 day simple moving average of $8.57. BlackRock Corporate High Yield Fund, Inc. has a 12-month low of $8.22 and a 12-month high of $9.61.

BlackRock Corporate High Yield Fund Announces Dividend

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 issued a dividend of $0.0779 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 11.3%.

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.