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Corporate High Yield Fund III, Inc. as a diversified, closed-end management investment company. It invests in a portfolio of fixed income securities. Thew companys investment portfolio comprises investments in utility, chemicals, cable, media, and gaming sectors located in the United States, Canada, Bahamas, Luxembourg, Bermuda, and the United Kingdom. Fund Asset Management, L.P. serves as the investment adviser of the fund. Corporate High Yield Fund is based in Princeton, New Jersey.
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