BHYCX Mutual Fund — BlackRock High Yield Portfolio Investor C Shares

BlackRock High Yield Portfolio Investor C Shares (BHYCX)

Updated October 15, 2026.

BHYCX is a Mutual Fund. its distribution rate is 5.61%, its trailing-12-month yield is 6.15%, its expense ratio is 1.57%. Dividend Vision Distribution Safety Score™ is 77/100 (Generally safe). Total return is 354.4% over the past 27.9 years, 627.5 points behind SPY at 981.9%.

BlackRock High Yield Portfolio Investor C Shares is a mutual fund that invests at least 80% of its assets in high-yield bonds and similar fixed-income instruments, with up to 30% allocated to non-dollar denominated bonds from issuers outside the United States on either a hedged or unhedged basis; the fund may also hold convertible and preferred securities. It carries a current high distribution rate, with an expense ratio of 1.57%. The fund appeals to income-focused investors seeking exposure to below-investment-grade fixed-income securities.

BHYCX performance versus SPY

Price and return data through 2026-10-15.

Total return is 354.4% over the past 27.9 years, 627.5 points behind SPY at 981.9%. Over the past year its total return — price change plus distributions reinvested — is 1.4%. Its deepest 1-year drawdown was 2.8%.

BHYCX key facts

Distribution Safety Score™

77 · Generally safe

Safety-Adjusted Yield

4.32%

Issuer

BlackRock

Asset type

Mutual Fund

Asset class

Fixed Income

Inception date

11/19/1998

Expense ratio

1.57%

Distribution rate

5.61%

Distribution frequency

Monthly

Trailing yield

6.15%

Last close

$6.91 (as of 2026-10-15)

NAV

$6.92 as of 2026-09-30; source eodhd (stale)

Premium / discount

N/A (price 2026-10-15, NAV 2026-09-30) (NAV stale)

AUM

$27,760,410,000

Average volume

0.0

Dividend

$0.033

Ex-dividend date

09/30/2026

Beta

0.63

How Dividend Vision calculates yield and returns

Distribution rate (5.61%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (6.15%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: BlackRock; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

BHYCX risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 2.8%.

Who may consider BHYCX — and who may not

BHYCX may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on BHYCX

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Tagged: Mutual Fund.

Frequently asked questions

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