BlackRock Announces Name Change for BlackRock Corporate High Yield Fund VI, Inc.
February 28 2014 - 4:30PM
Business Wire
BlackRock Advisors, LLC today announced that the Board of
Directors of BlackRock Corporate High Yield Fund VI, Inc.
(NYSE:HYT)(the “Fund”) has approved a name change for the Fund.
Effective March 3, 2014, HYT’s name will be “BlackRock Corporate
High Yield Fund, Inc.”
This change was made following the completion of the
reorganization of BlackRock High Yield Trust (formerly NYSE:BHY),
BlackRock Corporate High Yield Fund, Inc. (formerly NYSE:COY),
BlackRock Corporate High Yield Fund III, Inc. (formerly NYSE:CYE),
BlackRock High Income Shares (formerly NYSE:HIS) and BlackRock
Corporate High Yield Fund V, Inc. (formerly NYSE:HYV) with and into
HYT in November 2013. The change announced today relates only to
the Fund’s name and the Fund will continue to trade on the NYSE
under its current ticker symbol.
About BlackRock
BlackRock is a leader in investment management, risk management
and advisory services for institutional and retail clients
worldwide. At December 31, 2013, BlackRock’s AUM was $4.324
trillion. BlackRock helps clients meet their goals and overcome
challenges with a range of products that include separate accounts,
mutual funds, iShares® (exchange-traded funds), and other pooled
investment vehicles. BlackRock also offers risk management,
advisory and enterprise investment system services to a broad base
of institutional investors through BlackRock Solutions®.
Headquartered in New York City, as of December 31, 2013, the firm
had approximately 11,400 employees in more than 30 countries and a
major presence in key global markets, including North and South
America, Europe, Asia, Australia and the Middle East and Africa.
For additional information, please visit BlackRock’s website at
www.blackrock.com.
Forward-Looking Statements
This press release, and other statements that BlackRock or the
Fund may make, may contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act, with
respect to the Fund or BlackRock’s future financial or business
performance, strategies or expectations. Forward-looking statements
are typically identified by words or phrases such as “trend,”
“potential,” “opportunity,” “pipeline,” “believe,” “comfortable,”
“expect,” “anticipate,” “current,” “intention,” “estimate,”
“position,” “assume,” “outlook,” “continue,” “remain,” “maintain,”
“sustain,” “seek,” “achieve,” and similar expressions, or future or
conditional verbs such as “will,” “would,” “should,” “could,” “may”
or similar expressions.
BlackRock cautions that forward-looking statements are subject
to numerous assumptions, risks and uncertainties, which change over
time. Forward-looking statements speak only as of the date they are
made, and BlackRock assumes no duty to and does not undertake to
update forward-looking statements. Actual results could differ
materially from those anticipated in forward-looking statements and
future results could differ materially from historical
performance.
With respect to HYT, the following factors, among others, could
cause actual events to differ materially from forward-looking
statements or historical performance: (1) changes and volatility in
political, economic or industry conditions, the interest rate
environment, foreign exchange rates or financial and capital
markets, which could result in changes in demand for HYT or in
HYT’s net asset value; (2) the relative and absolute investment
performance of HYT and its investments; (3) the impact of increased
competition; (4) the unfavorable resolution of any legal
proceedings; (5) the extent and timing of any distributions or
share repurchases; (6) the impact, extent and timing of
technological changes; (7) the impact of legislative and regulatory
actions and reforms, including the Dodd-Frank Wall Street Reform
and Consumer Protection Act, and regulatory, supervisory or
enforcement actions of government agencies relating to HYT or
BlackRock, as applicable; (8) terrorist activities, international
hostilities and natural disasters, which may adversely affect the
general economy, domestic and local financial and capital markets,
specific industries or BlackRock; (9) BlackRock’s ability to
attract and retain highly talented professionals; (10) the impact
of BlackRock electing to provide support to its products from time
to time; and (11) the impact of problems at other financial
institutions or the failure or negative performance of products at
other financial institutions.
Annual and Semi-Annual Reports and other regulatory filings of
HYT with the Securities and Exchange Commission (“SEC”) are
accessible on the SEC's website at www.sec.gov and on
BlackRock’s website at www.blackrock.com, and may discuss
these or other factors that affect HYT. The information contained
on BlackRock’s website is not a part of this press release.
BlackRock1-800-882-0052
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