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BlackRockorate High Yield Fund (BlackRockorate High Yield Fund) FCF Yield % : 4.67 (As of Apr. 27, 2024)


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What is BlackRockorate High Yield Fund FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, BlackRockorate High Yield Fund's Trailing 12-Month Free Cash Flow is $64.6 Mil, and Market Cap is $1,381.3 Mil. Therefore, BlackRockorate High Yield Fund's FCF Yield % for today is 4.67%.

The historical rank and industry rank for BlackRockorate High Yield Fund's FCF Yield % or its related term are showing as below:

HYT' s FCF Yield % Range Over the Past 10 Years
Min: 2.18   Med: 9.85   Max: 34.11
Current: 4.67


During the past 7 years, the highest FCF Yield % of BlackRockorate High Yield Fund was 34.11%. The lowest was 2.18%. And the median was 9.85%.

HYT's FCF Yield % is ranked better than
57.11% of 1597 companies
in the Asset Management industry
Industry Median: 3.12 vs HYT: 4.67

BlackRockorate High Yield Fund's FCF Margin % for the quarter that ended in Dec. 2023 was 17.10%.


BlackRockorate High Yield Fund FCF Yield % Historical Data

The historical data trend for BlackRockorate High Yield Fund's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BlackRockorate High Yield Fund FCF Yield % Chart

BlackRockorate High Yield Fund Annual Data
Trend Aug17 Aug18 Aug19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial 22.92 2.41 9.86 5.47 4.80

BlackRockorate High Yield Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.47 36.29 -22.98 7.01 2.96

Competitive Comparison of BlackRockorate High Yield Fund's FCF Yield %

For the Asset Management subindustry, BlackRockorate High Yield Fund's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BlackRockorate High Yield Fund's FCF Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRockorate High Yield Fund's FCF Yield % distribution charts can be found below:

* The bar in red indicates where BlackRockorate High Yield Fund's FCF Yield % falls into.



BlackRockorate High Yield Fund FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

BlackRockorate High Yield Fund's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=64.56 / 1345.661
=4.80%

BlackRockorate High Yield Fund's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=19.92 * 2 / 1345.661
=2.96%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


BlackRockorate High Yield Fund FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


BlackRockorate High Yield Fund FCF Yield % Related Terms

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BlackRockorate High Yield Fund (BlackRockorate High Yield Fund) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
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.
Executives
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
David Delbos other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055
W Carl Kester director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Robert Glenn Hubbard director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Frank Fabozzi director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Richard Cavanagh director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
James Keenan other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Mitchell Garfin other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Blackrock Internationl, Ltd. other: Investment Adviser 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536