Apollo Management Holdings adds Blackrock Corporate High Yield Fund Inc (HYT) to its portfolio

Blackrock Corporate High Yield Fund Inc (HYT) : Apollo Management Holdings added new position in Blackrock Corporate High Yield Fund Inc during the most recent quarter end. The investment management firm now holds 743,560 shares of Blackrock Corporate High Yield Fund Inc which is valued at $7,472,778 , the company said in a statement filed on Nov 14, 2016 with the SEC.Blackrock Corporate High Yield Fund Inc makes up approximately 0.28% of Apollo Management Holdings’s portfolio.

Other Hedge Funds, Including , Baird Financial Group boosted its stake in HYT in the latest quarter, The investment management firm added 11,319 additional shares and now holds a total of 226,695 shares of Blackrock Corporate High Yield Fund Inc which is valued at $2,269,217. Blackrock Corporate High Yield Fund Inc makes up approx 0.02% of Baird Financial Group’s portfolio.Whittier Trust Co boosted its stake in HYT in the latest quarter, The investment management firm added 28 additional shares and now holds a total of 1,434 shares of Blackrock Corporate High Yield Fund Inc which is valued at $14,354. Granite Investment Partners added HYT to its portfolio by purchasing 28,488 company shares during the most recent quarter which is valued at $292,002. Blackrock Corporate High Yield Fund Inc makes up approx 0.02% of Granite Investment Partners’s portfolio.Ifc Holdings Incorporatedfl reduced its stake in HYT by selling 2,756 shares or 11.44% in the most recent quarter. The Hedge Fund company now holds 21,338 shares of HYT which is valued at $227,463. Blackrock Corporate High Yield Fund Inc makes up approx 0.02% of Ifc Holdings Incorporatedfl’s portfolio.

Blackrock Corporate High Yield Fund Inc opened for trading at $10.2 and hit $10.26 on the upside on Monday, eventually ending the session at $10.26, with a gain of 0.98% or 0.1 points. The heightened volatility saw the trading volume jump to 2,29,132 shares. Company has a market cap of $378 M.

BlackRock Corporate High Yield Fund Inc (the Trust) is a closed-end management investment company. The Trust’s primary investment objective is to provide shareholders with current income. The Trust’s secondary investment objective is to provide shareholders with capital appreciation. The Trust seeks to achieve its objectives by investing under normal market conditions at least 80% of its assets in domestic and foreign high yield securities including high yield bonds corporate loans convertible debt securities and preferred securities which are below investment grade quality. The Trust may invest directly in such securities or synthetically through the use of derivatives. BlackRock Advisors LLC is the manager of the Trust.

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