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Trending ETFs

BlackRock High Yield Portfolio

mutual fund
BHYCX
Payout Change
Pending
Price as of:
$7.11 -0.01 -0.14%
primary theme
High Yield Bond
share class
Instl (BHYIX) A (BHYAX) K (BRHYX) C (BHYCX) R (BHYRX) S (BHYSX)
BHYCX (Mutual Fund)

BlackRock High Yield Portfolio

Payout Change
Pending
Price as of:
$7.11 -0.01 -0.14%
primary theme
High Yield Bond
share class
Instl (BHYIX) A (BHYAX) K (BRHYX) C (BHYCX) R (BHYRX) S (BHYSX)
BHYCX (Mutual Fund)

BlackRock High Yield Portfolio

Payout Change
Pending
Price as of:
$7.11 -0.01 -0.14%
primary theme
High Yield Bond
share class
Instl (BHYIX) A (BHYAX) K (BRHYX) C (BHYCX) R (BHYRX) S (BHYSX)

Name

As of 07/22/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

BlackRock High Yield Portfolio

BHYCX | Fund

$7.11

$27.7 B

5.47%

$0.39

1.59%

Vitals

YTD Return

1.6%

1 yr return

4.7%

3 Yr Avg Return

7.7%

5 Yr Avg Return

3.3%

Net Assets

$27.7 B

Holdings in Top 10

10.0%

52 WEEK LOW AND HIGH

$7.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.59%

SALES FEES

Front Load N/A

Deferred Load 1.00%

TRADING FEES

Turnover 76.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 07/22/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

BlackRock High Yield Portfolio

BHYCX | Fund

$7.11

$27.7 B

5.47%

$0.39

1.59%

BHYCX - Profile

Distributions

  • YTD Total Return 1.6%
  • 3 Yr Annualized Total Return 7.7%
  • 5 Yr Annualized Total Return 3.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.74%
DIVIDENDS
  • Dividend Yield 5.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    BlackRock High Yield Portfolio
  • Fund Family Name
    BlackRock-advised Funds
  • Inception Date
    Sep 17, 2018
  • Shares Outstanding
    16293145
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    James Keenan

Fund Description

The High Yield Fund invests primarily in non‑investment grade bonds with maturities of ten years or less. The High Yield Fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in high yield investments and other financial instruments with economic characteristics similar to such investments. High yield investments include domestic and foreign bonds (including corporate bonds), convertible debt securities, mezzanine investments, collateralized debt obligations, bank loans, loan assignments and loan participations and mortgage-backed and asset-backed securities. Such high yield investments acquired by the High Yield Fund will generally be in the lower rating categories of the major rating agencies (BB or lower by S&P Global Ratings or Fitch Ratings, Inc. or Ba or lower by Moody’s Investor Services) or will be determined by the High Yield Fund management team to be of similar quality. The High Yield Fund may also invest in other investment companies, including affiliated investment companies such as affiliated exchange-traded funds, to gain exposure to such high yield investments. Split rated bonds and other fixed-income securities (securities that receive different ratings from two or more rating agencies) are valued as follows: if three agencies rate a security, the security will be considered to have the median credit rating; if two of the three agencies rate a security, the security will be considered to have the lower credit rating. The High Yield Fund may invest up to 30% of its assets in non‑dollar denominated bonds of issuers located outside of the United States. The High Yield Fund’s investment in non‑dollar denominated bonds may be on a currency hedged or unhedged basis. The High Yield Fund may also invest in convertible and preferred securities.
The High Yield Fund can also invest, to the extent consistent with its investment objective, in non-U.S. and emerging market securities and currencies. The High Yield Fund may invest in securities of any rating, and may invest up to 10% of its assets (measured at the time of investment) in distressed securities that are in default or the issuers of which are in bankruptcy.
The High Yield Fund may buy or sell options or futures on a security or an index of securities, or enter into swap agreements, including total return, interest rate and credit default swaps, or foreign currency transactions (collectively, commonly known as derivatives). The High Yield Fund may use derivative instruments to hedge its investments or to seek to enhance returns. The High Yield Fund may seek to obtain market exposure to the securities in which it primarily invests by entering into a series of purchase and sale contracts or by using other investment techniques (such as reverse repurchase agreements or dollar rolls).
The High Yield Fund may engage in active and frequent trading of portfolio securities to achieve its principal investment strategies.
Read More

BHYCX - Performance

Return Ranking - Trailing

Period BHYCX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.6% -4.4% 9.7% 66.16%
1 Yr 4.7% -3.2% 24.7% 67.18%
3 Yr 7.7%* -0.8% 19.3% 53.66%
5 Yr 3.3%* -4.0% 14.4% 66.67%
10 Yr N/A* 0.5% 20.5% 57.14%

* Annualized

Return Ranking - Calendar

Period BHYCX Return Category Return Low Category Return High Rank in Category (%)
2025 1.7% -9.4% 9.7% 40.54%
2024 0.7% -25.4% 11.8% 52.03%
2023 6.3% -4.7% 12.2% 18.27%
2022 -15.4% -33.4% 3.6% 48.29%
2021 0.6% -8.4% 9.8% 32.46%

Total Return Ranking - Trailing

Period BHYCX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.6% -4.4% 9.7% 66.16%
1 Yr 4.7% -3.2% 24.7% 67.18%
3 Yr 7.7%* -0.8% 19.3% 53.66%
5 Yr 3.3%* -4.0% 14.4% 66.67%
10 Yr N/A* 0.5% 20.5% 52.67%

* Annualized

Total Return Ranking - Calendar

Period BHYCX Return Category Return Low Category Return High Rank in Category (%)
2025 8.7% -2.1% 18.7% 44.93%
2024 8.0% -12.7% 18.9% 52.70%
2023 12.3% 3.5% 23.2% 50.08%
2022 -11.5% -29.1% 47.8% 68.66%
2021 5.2% -2.8% 16.2% 47.19%

NAV & Total Return History

BHYCX - Holdings

Concentration Analysis

BHYCX Category Low Category High BHYCX % Rank
Net Assets 27.7 B 3.13 M 31.3 B 4.22%
Number of Holdings 1548 2 7288 3.41%
Net Assets in Top 10 2.77 B -492 M 6.47 B 5.80%
Weighting of Top 10 10.01% 4.1% 144.2% 77.99%

Top 10 Holdings

  1. iShares Broad USD High Yield Corporate Bond ETF 2.19%
  2. BlackRock Liquidity Funds, T-Fund, Institutional Class 1.79%
  3. HUB International Ltd. 0.96%
  4. 1261229 BC Ltd. 0.86%
  5. HUB International Ltd. 0.73%
  6. AthenaHealth Group, Inc. 0.73%
  7. Venture Global LNG, Inc. 0.72%
  8. Cloud Software Group, Inc. 0.69%
  9. UKG, Inc. 0.69%
  10. Mauser Packaging Solutions Holding Co. 0.67%

Asset Allocation

Weighting Return Low Return High BHYCX % Rank
Bonds 		94.86% 0.00% 145.36% 53.38%
Cash 		2.19% -52.00% 49.12% 81.06%
Convertible Bonds 		1.43% 0.00% 17.89% 34.30%
Stocks 		0.67% 0.00% 99.76% 40.20%
Preferred Stocks 		0.20% 0.00% 4.59% 34.81%
Other 		0.20% -39.08% 96.21% 32.08%

Stock Sector Breakdown

Weighting Return Low Return High BHYCX % Rank
Energy 		44.14% 0.00% 100.00% 46.81%
Real Estate 		18.96% 0.00% 86.71% 3.95%
Basic Materials 		13.39% 0.00% 100.00% 13.68%
Technology 		10.70% 0.00% 33.17% 10.94%
Healthcare 		4.38% 0.00% 22.17% 8.21%
Communication Services 		3.45% 0.00% 99.99% 46.81%
Consumer Cyclical 		2.82% 0.00% 100.00% 29.48%
Industrials 		2.17% 0.00% 93.12% 20.97%
Utilities 		0.00% 0.00% 100.00% 81.46%
Financial Services 		0.00% 0.00% 100.00% 83.28%
Consumer Defense 		0.00% 0.00% 100.00% 79.64%

Stock Geographic Breakdown

Weighting Return Low Return High BHYCX % Rank
US 		0.67% 0.00% 99.76% 38.40%
Non US 		0.00% -0.01% 0.83% 51.37%

Bond Sector Breakdown

Weighting Return Low Return High BHYCX % Rank
Corporate 		96.49% 0.00% 100.00% 34.53%
Cash & Equivalents 		2.19% 0.00% 49.12% 67.75%
Securitized 		0.33% 0.00% 97.24% 30.94%
Derivative 		0.19% -20.24% 42.26% 16.21%
Government 		0.04% 0.00% 99.07% 32.48%
Municipal 		0.00% 0.00% 1.17% 75.90%

Bond Geographic Breakdown

Weighting Return Low Return High BHYCX % Rank
US 		91.18% 0.00% 126.57% 60.92%
Non US 		3.68% 0.00% 60.71% 24.57%

BHYCX - Expenses

Operational Fees

BHYCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.59% 0.04% 25.46% 19.46%
Management Fee 0.41% 0.00% 1.75% 17.09%
12b-1 Fee 1.00% 0.00% 1.00% 96.09%
Administrative Fee 0.06% 0.00% 0.50% 30.77%

Sales Fees

BHYCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load 1.00% 1.00% 4.00% 83.10%

Trading Fees

BHYCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

BHYCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 76.00% 1.00% 255.00% 74.14%

BHYCX - Distributions

Dividend Yield Analysis

BHYCX Category Low Category High BHYCX % Rank
Dividend Yield 5.47% 0.00% 11.76% 54.30%

Dividend Distribution Analysis

BHYCX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

BHYCX Category Low Category High BHYCX % Rank
Net Income Ratio 3.74% -2.39% 9.30% 81.79%

Capital Gain Distribution Analysis

BHYCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

BHYCX - Fund Manager Analysis

Managers

James Keenan

Start Date

Tenure

Tenure Rank

Dec 31, 2007

14.42

14.4%

Mr. Keenan is a Managing Director of BlackRock, Inc. since 2008 and Head of the Leveraged Finance Portfolio Team from 2006 to 2007;Prior to joining BlackRock in 2004, He was a senior high yield trader at Columbia Management Group from 2003 to 2004. Mr. Keenan began his investment career at UBS Global Asset Management where he held roles as a trader, research analyst and a portfolio analyst from 1998 through 2003. Mr. Keenan holds the Chartered Financial Analyst designation.

Mitchell Garfin

Start Date

Tenure

Tenure Rank

May 08, 2009

13.07

13.1%

Managing Director of BlackRock, Inc. since 2009 and Co-Head of U.S. Leveraged Finance; Director of BlackRock, Inc. from 2005 to 2008.

Derek Schoenhofen

Start Date

Tenure

Tenure Rank

May 08, 2009

13.07

13.1%

Derek Schoenhofen is a Managing Director of BlackRock, Inc. since 2019; Director of BlackRock, Inc. from 2006 to 2018; Vice President of BlackRock, Inc. from 2000 to 2005.

David Delbos

Start Date

Tenure

Tenure Rank

Mar 20, 2014

8.2

8.2%

Managing Director of BlackRock, Inc. since 2012; Director of BlackRock, Inc. from 2007 to 2011; Vice President of BlackRock, Inc. from 2005 to 2006.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.13 37.79 7.49 4.25

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