BlackRock Corporate High Yield Fund, Inc
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Company profile

BlackRock Corporate High Yield Fund, Inc. (the Trust) is a diversified closed-end management investment company. Its investment objective is to provide shareholders with current income. Its 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, which are rated at the time of investment to be below investment grade or, if unrated, are considered by the investment adviser to be of comparable quality. It may invest directly in fixed income securities or synthetically through the use of derivatives. It invests approximately 80% of its net assets (including assets acquired from the sale of preferred stock), plus the amount of any borrowings for investment purposes, in high yield securities, including high yield bonds, corporate loans, convertible debt securities and preferred securities. BlackRock Advisors, LLC is the investment advisor of the Trust.

Closing Price
$9.98
Day's Change
-0.07 (-0.70%)
Bid
--
Ask
--
B/A Size
--
Day's High
10.04
Day's Low
9.98
Volume
(Above Average)
Volume:
395,144

10-day average volume:
357,931
395,144

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Target Corporation - TGT

7:49 pm ET July 1, 2022 (Globe Newswire) Print

EQNX::TICKER_START (NYSE:TGT), EQNX::TICKER_END Pomerantz LLP is investigating claims on behalf of investors of Target Corporation ("Target" or the "Company") (NYSE: TGT). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.

The investigation concerns whether Target and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here for information about joining the class action]

On May 18, 2022, Target announced its first quarter 2022 financial results in a press release. The Company also provided guidance, expecting second quarter 2022 "operating income margin rate [to] be in a wide range centered around first quarter's operating margin rate of 5.3 percent." Just three weeks later, on June 7, 2022, Target revised its guidance, expecting the second quarter 2022 operating margin rate to "be in a range around 2%." The Company attributed the change to "a set of actions to right-size [Target's] inventory for the balance of the year[.]"

On this news, Target's stock price fell $3.69 per share, or 2.31%, to close at $155.98 per share on June 7, 2022.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com

CONTACT:

Robert S. Willoughby

Pomerantz LLP

rswilloughby@pomlaw.com

888-476-6529 ext. 7980

https://ml.globenewswire.com/media/ZmI0MzExMzgtMDE2ZC00ZWJlLTgzOTAtNDJjMWZhMjJkZjcwLTEwMjkyMTc=/tiny/Pomerantz-LLP.png

https://ml.globenewswire.com/media/ZmI0MzExMzgtMDE2ZC00ZWJlLTgzOTAtNDJjMWZhMjJkZjcwLTEwMjkyMTc=/tiny/Pomerantz-LLP.png

comtex tracking

COMTEX_409548266/2010/2022-07-01T19:49:22

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