HYT (BlackRockorate High Yield Fund) Shares Outstanding (Basic Average): 164.6 Mil (As of Dec. 2025)


HYT BlackRock Corporate High Yield Fund Inc HYT
50 GF Score
Price $8.48
GF Value $8.05
Valuation Fairly Valued
! 2 Warning Signs
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What is BlackRockorate High Yield Fund Shares Outstanding (Basic Average)?

BlackRockorate High Yield Fund HYT -0.59% 50 Shares Outstanding (Basic Average) is 164.6 Mil as of Dec. 2025. GuruFocus rates HYT with a GF Score™ of 50/100 and a GF Value™ of $8.05 (Fairly Valued). The stock has 2 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. BlackRockorate High Yield Fund's average basic shares outstanding for the quarter that ended in Dec. 2025 was 164.6 Mil.


BlackRockorate High Yield Fund  (NYSE:HYT) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


BlackRockorate High Yield Fund Shares Outstanding (Basic Average) Related Terms


BlackRockorate High Yield Fund Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for BlackRockorate High Yield Fund's Shares Outstanding (Basic Average) 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.

BlackRockorate High Yield Fund Shares Outstanding (Basic Average) Chart

BlackRockorate High Yield Fund Annual Data
Trend Aug17 Aug18 Aug19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only 122.20 118.04 143.65 146.08 160.29

BlackRockorate High Yield Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 143.16 140.25 151.91 155.94 164.64
HYT
50GF Score
BlackRock Corporate High Yield Fund Inc HYT
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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BlackRockorate High Yield Fund Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 164.6 Mil mean?
BlackRockorate High Yield Fund (HYT) has a Shares Outstanding (Basic Average) of 164.6 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on BlackRockorate High Yield Fund and its competitors.
Is BlackRockorate High Yield Fund's Shares Outstanding (Basic Average) too high?
BlackRockorate High Yield Fund's current Shares Outstanding (Basic Average) is 164.6 Mil. Overall, BlackRockorate High Yield Fund has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BlackRockorate High Yield Fund's Shares Outstanding (Basic Average) compare to NFJ and CSWC?
BlackRockorate High Yield Fund's Shares Outstanding (Basic Average) of 164.6 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for an Asset Management company?
A good Shares Outstanding (Basic Average) depends on the Asset Management industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on BlackRockorate High Yield Fund and its competitors. BlackRockorate High Yield Fund's current Shares Outstanding (Basic Average) is 164.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRockorate High Yield Fund stock overvalued right now?
Based on GuruFocus' analysis, BlackRockorate High Yield Fund (HYT) is currently considered Fairly Valued. The stock's GF Value™ is $8.05, compared to a current price of $8.48 — trading 5.3% above its estimated fair value. The current Shares Outstanding (Basic Average) is 164.6 Mil. BlackRockorate High Yield Fund's overall GF Score™ is 50/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For BlackRockorate High Yield Fund (HYT), the current Shares Outstanding (Basic Average) is 164.6 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BlackRockorate High Yield Fund (HYT) Overvalued in 2026?

Based on GuruFocus' analysis, BlackRockorate High Yield Fund stock appears to be overvalued. The current stock price of $8.48 is trading 5.3% above its estimated GF Value™ of $8.05. GuruFocus considers BlackRockorate High Yield Fund to be Fairly Valued.

Key valuation signals for HYT:

  • Shares Outstanding (Basic Average): 164.6 Mil
  • GF Value™: $8.05 vs. price of $8.48 (5.3% above fair value)
  • GF Score™: 50/100 with 2 warning signs

No single metric tells the full story. See the HYT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BlackRockorate High Yield Fund Business Description

Address 100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock Corporate High Yield Fund Inc is a diversified, closed-end management investment company. Its primary investment objective is to provide shareholders with current income. The trust's secondary investment objective is to provide shareholders with capital appreciation. Under Normal market conditions, the fund invests at least 80% of its net assets in high-yield securities of corporate issuers and derivatives that provide exposure to those securities or related market risk factors.
50GF Score

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Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.48
Price
$8.05
GF Value