BlackRock’s HYT offers an 11.7% yield and is trading at its widest discount in a year. But roughly a quarter of each payout is return of capital, meaning part of the distribution is investors’ money being handed back.
published
BlackRock’s HYT offers an 11.7% yield and is trading at its widest discount in a year. But roughly a quarter of each payout is return of capital, meaning part of the distribution is investors’ money being handed back.
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