- What does BRHYX invest in?
- The fund primarily dedicates at least 80% of its investable assets (including any borrowed capital) to high-yield debt instruments or other financial assets exhibiting comparable economic characteristics. Up to 30% of its holdings may consist of non-U.S. dollar denominated bonds issued by entities located outside the United States. The fund has the flexibility to either hedge or leave unhedged its exposure to the currencies of these international bonds. Additionally, the portfolio may also include investments in convertible and preferred securities.
- What is the expense ratio of BRHYX?
- An expense ratio for BlackRock High Yield K (BRHYX) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.
- What is BRHYX's dividend yield?
- BRHYX's trailing-twelve-month yield is 7.15%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of BRHYX?
- Effective duration measures BRHYX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. BRHYX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of BRHYX?
- BRHYX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of BRHYX?
- Yield to maturity (YTM) is the total return you'd earn from BRHYX if every bond in the portfolio is held to maturity at the current price. BRHYX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
