Welcome to our dedicated page for BlackRock High Yield news (Ticker: HYT), a resource for investors and traders seeking the latest updates and insights on BlackRock High Yield stock.
BlackRock Corporate High Yield Fund Inc. (NYSE: HYT) is a closed-end management investment company focused on generating current income, with capital appreciation as a secondary objective, through a diversified portfolio of fixed-income securities in the corporate high yield market. The HYT news page on Stock Titan highlights official announcements and market-moving updates that relate directly to this income-oriented fund.
Recent coverage includes the fund’s announcement of a transferable rights offering to holders of its common stock. In that announcement, the fund detailed how shareholders of record receive rights that allow them to subscribe for additional shares at a discount to the market price, subject to a subscription price formula based on recent New York Stock Exchange trading prices and the fund’s net asset value. The news also explains the rights ratio, the over-subscription privilege for fully participating shareholders, and the fact that the rights are expected to trade on the exchange under a separate symbol during the offering period.
News items for HYT often focus on topics such as capital-raising actions, distribution-related information, and communications from BlackRock Advisors, LLC as the fund’s investment adviser. In the rights offering announcement, the adviser described why it views the current environment as an attractive time to raise additional assets for the fund, citing factors like attractive yields and evolving market dynamics in the high yield segment, as well as the impact of lower financing costs on the fund’s earnings and monthly distribution rate.
Investors who follow HYT’s news stream can use these updates to understand changes in the fund’s capital structure, opportunities to participate in offerings, and other material developments disclosed through press releases and regulatory communications. Bookmark this page to quickly access the latest HYT-related announcements as they are released.
BlackRock Corporate High Yield Fund (NYSE: HYT) completed a transferable rights offering that expired on January 26, 2026, authorizing subscription for up to 32,609,596 common shares at a final subscription price of $8.68 per share (90% of NAV as of 1/26/2026).
The Offer was over-subscribed; the Fund will exercise the over-subscription privilege and expects to issue >32 million shares for anticipated proceeds of approximately $283 million. Shares from the Offer will be eligible for the expected February 2026 monthly distribution.
BlackRock Corporate High Yield Fund (NYSE: HYT) announced a transferable rights offering to holders of record as of January 2, 2026. Each Record Date shareholder will receive one Right per share and may subscribe for one new Share for every 5 Rights (1-for-5), with shareholders owning fewer than five Shares eligible to subscribe for one Share. The Subscription Price will be set on the expected Expiration Date of January 26, 2026, equal to 95% of the average NYSE sale price over the Expiration Date and four prior trading days, subject to adjustments tied to NAV (floor of 90% of NAV and cap to $0.01 below NAV if Formula Price ≥ NAV). Rights are expected to trade as HYT RT through January 23, 2026. All Offer expenses will be borne by the Adviser; Shares issued will receive the expected February 2026 distribution but not the January 2026 distribution. The Fund will terminate its at-the-market offering before the Offer begins.
BlackRock Corporate High Yield Fund (NYSE: HYT) has completed its transferable rights offer, which ran from September 20, 2022 to October 13, 2022. Rights holders could subscribe for up to 24,463,440 shares of common stock at a final subscription price of $8.23 per share. The offer is expected to yield gross proceeds of approximately $168 million and will lead to the issuance of over 20.3 million shares. BlackRock Advisors will cover all expenses related to the offer, and proceeds will be invested according to the Fund's objectives.
BlackRock Corporate High Yield Fund (NYSE: HYT) announced a rights offering, allowing shareholders as of September 20, 2022, to purchase additional shares at a discount. The Fund's Board approved this move to increase assets for investment opportunities, aiming to benefit shareholders through current income and potential capital appreciation. The Offer includes opportunities in the high yield market, enhanced liquidity, and reduced expense ratios, with the Advisor covering all Offer expenses. The subscription price will be determined on the expiration date of the Offer, expected October 13, 2022.
The Board of Directors of BlackRock Corporate High Yield Fund, Inc. (HYT) declared an early monthly distribution for October 2022 of $0.077900 per share. Shares purchased after October 3, 2022, will not receive this distribution. Key dates noted are: Declaration on 9/8/2022, Ex-Date on 10/4/2022, Record Date on 10/5/2022, and Payable Date on 10/31/2022. The Fund follows a managed distribution plan, aiming to distribute all available income while adhering to IRS regulations.