UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number 811-06414
Name of Fund: BlackRock MuniYield Fund, Inc. (MYD)
Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809
Name and address of agent for service: Anne F. Ackerley, Chief Executive Officer, BlackRock MuniYield Fund, Inc., 40 East 52nd Street, New York, NY 10022.
Registrant’s telephone number, including area code: (800) 882-0052, Option 4
Date of fiscal year end: 04/30/2010
Date of reporting period: 07/31/2009
Item 1 – Schedule of Investments
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BlackRock MuniYield Fund, Inc. |
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Schedule of Investments July 31, 2009 (Unaudited) |
(Percentages shown are based on Net Assets) |
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State |
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Municipal Bonds |
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Par |
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Value |
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Alabama - 1.3% |
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County of Jefferson Alabama, RB, Series A, 5.50%, 1/01/22 |
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$ |
5,250 |
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$ |
3,099,180 |
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Tuscaloosa Special Care Facilities Financing Authority, RB, Capstone Village, Series A, 5.63%, 8/01/25 (a)(b) |
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2,200 |
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1,048,828 |
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Tuscaloosa Special Care Facilities Financing Authority, RB, Capstone Village, Series A, 5.88%, 8/01/36 (a)(b) |
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6,425 |
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2,737,628 |
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6,885,636 |
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Arizona - 11.6% |
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Arizona State Transportation Board, RB, Sub-Series A, 5.00%, 7/01/21 |
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5,825 |
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6,263,855 |
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Arizona State Transportation Board, RB, Sub-Series A, 5.00%, 7/01/22 |
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7,030 |
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7,476,194 |
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Arizona State Transportation Board, RB, Sub-Series A, 5.00%, 7/01/23 |
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5,240 |
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5,532,654 |
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Maricopa County IDA, Arizona, RB, Arizona Charter Schools Project 1, Series A, 6.75%, 7/01/29 |
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3,300 |
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2,210,472 |
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Maricopa County IDA, Arizona, Refunding RB (GNMA) Collateral, Series A-1, 6.00%, 10/20/31 |
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5,000 |
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5,158,850 |
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Maricopa County IDA, Arizona, Refunding RB (GNMA) Collateral, Series A-1, 6.05%, 10/20/36 |
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5,000 |
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5,008,150 |
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Phoenix IDA, Arizona, RB, America West Airlines Inc. Project, AMT, 6.25%, 6/01/19 |
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3,000 |
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1,950,030 |
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Phoenix IDA, Arizona, Refunding RB, America West Airlines Inc., AMT, 6.30%, 4/01/23 |
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5,090 |
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3,053,949 |
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Pima County IDA, RB, Industrial Development, Tucson Electric Power, Series A, 6.38%, 9/01/29 |
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3,000 |
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2,902,950 |
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Pima County IDA, RB, Charter Schools, II, Series A, 6.75%, 7/01/11 (c) |
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565 |
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628,348 |
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Pima County IDA, RB, Charter Schools, II, Series A, 6.75%, 7/01/31 |
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765 |
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572,710 |
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Salt Verde Financial Corporation, RB, Senior, 5.00%, 12/01/32 |
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10,020 |
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7,884,738 |
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Salt Verde Financial Corporation, RB, Senior, 5.00%, 12/01/37 |
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7,900 |
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6,010,478 |
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Portfolio Abbreviations |
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The simplify the listings of portfolio holdings in the Schedule of Investments, the names and descriptions of many of the securities have been abbreviated according to the following list.
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ARB |
Airport Revenue Bonds |
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AGC |
Assured Guaranty Corp. |
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AMBAC |
American Municipal Bond Assurance Corp. |
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AMT |
Alternative Minimum Tax (subject to) |
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CAB |
Capital Appreciation Bonds |
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EDA |
Economic Development Authority |
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FGIC |
Financial Guaranty Insurance Co. |
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FHA |
Federal Housing Administration |
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FSA |
Financial Security Assurance Inc. |
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GNMA |
Government National Mortgage Association |
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GO |
General Obligation Bonds |
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HDA |
Housing Development Authority |
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HFA |
Housing Finance Agency |
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IDA |
Industrial Development Authority |
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IDRB |
Industrial Development Revenue Bonds |
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MBIA |
Municipal Bond Investors Assurance |
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(National Public Finance Guaranty Corp.) |
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PILOT |
Payment in Lieu of Taxes |
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RB |
Revenue Bonds |
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S/F |
Single-Family |
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SO |
Special Obligation |
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TAN |
Tax Anticipation Notes |
1
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BlackRock MuniYield Fund, Inc. |
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Schedule of Investments July 31, 2009 (Unaudited) |
(Percentages shown are based on Net Assets) |
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State |
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Municipal Bonds |
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Par |
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Value |
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Vistancia Community Facilities District, Arizona, GO, 5.50%, 7/15/20 |
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$ |
3,000 |
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$ |
2,769,570 |
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Vistancia Community Facilities District, Arizona, GO, 5.75%, 7/15/24 |
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2,125 |
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1,937,936 |
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Yavapai County IDA, Arizona, RB, Yavapai Regional Medical Center, Series A, 6.00%, 8/01/33 |
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3,900 |
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3,624,504 |
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62,985,388 |
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California - 10.1% |
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California Health Facilities Financing Authority, California, RB, Catholic Healthcare West, Series A, 6.00%, 7/01/34 |
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3,155 |
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3,067,449 |
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California State Public Works Board, RB, Department Corrections, Series C, 5.00%, 6/01/25 |
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2,000 |
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1,848,420 |
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California State Public Works Board, RB, Department Mental Health, Coalinga, Series A, 5.13%, 6/01/29 |
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4,500 |
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3,970,485 |
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Golden State Tobacco Securitization Corporation, California, RB, Asset Backed, Senior, Series A-1, 5.13%, 6/01/47 |
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2,090 |
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1,125,360 |
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Golden State Tobacco Securitization Corporation, California, RB, Series A-3, 7.88%, 6/01/13 (c) |
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5,500 |
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6,743,990 |
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Golden State Tobacco Securitization Corporation, California, RB, Series A-4, 7.80%, 6/01/13 (c) |
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7,500 |
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9,176,550 |
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State of California, GO (AMBAC), 5.00%, 4/01/31 |
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10 |
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9,407 |
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State of California, GO, Various Purpose, 5.25%, 11/01/25 |
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5,000 |
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5,053,400 |
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State of California, GO, Various Purpose, 5.00%, 6/01/32 |
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9,335 |
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8,697,139 |
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State of California, GO, Various Purpose, 6.50%, 4/01/33 |
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14,075 |
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15,216,764 |
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54,908,964 |
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Colorado - 6.7% |
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City & County of Denver Colorado, RB (AMBAC), AMT, 7.75%, 11/15/13 |
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6,195 |
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6,673,750 |
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Colorado Health Facilities Authority, RB, Series C (FSA), 5.25%, 3/01/40 |
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5,000 |
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4,882,950 |
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Colorado Housing & Finance Authority, Colorado, RB, Single Family Program, Senior, D-2, AMT, 6.90%, 4/01/29 |
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210 |
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224,255 |
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Colorado Educational & Cultural Facilities Authority, Colorado, RB, University Denver Project, Series B (FGIC), 5.25%, 3/01/16 (c) |
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3,245 |
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3,845,585 |
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Elk Valley Public Improvement, RB, Public Improvement Fee, Series A, 7.10%, 9/01/14 |
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1,105 |
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1,094,458 |
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Elk Valley Public Improvement, RB, Public Improvement Fee, Series A, 7.35%, 9/01/31 |
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5,065 |
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4,089,684 |
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Platte River Power Authority, Colorado, RB, Series HH, 5.00%, 6/01/26 |
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2,500 |
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2,657,550 |
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Platte River Power Authority, Colorado, RB, Series HH, 5.00%, 6/01/27 |
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1,130 |
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1,191,890 |
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Plaza Metropolitan District No. 1, Colorado, TAN, Public Improvement Fee, Tax Increment, 8.00%, 12/01/25 |
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6,850 |
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5,963,816 |
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Plaza Metropolitan District No. 1, Colorado, TAN, Public Improvement Fee, Tax Increment, 8.13%, 12/01/25 |
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1,885 |
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1,477,576 |
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2
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BlackRock MuniYield Fund, Inc. |
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Schedule of Investments July 31, 2009 (Unaudited) |
(Percentages shown are based on Net Assets) |
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State |
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Municipal Bonds |
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Par |
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Value |
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University of Colorado, RB, Series A, 5.25%, 6/01/30 |
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$ |
2,250 |
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$ |
2,337,413 |
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University of Colorado, RB, Series A, 5.38%, 6/01/32 |
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1,250 |
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1,295,800 |
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University of Colorado, RB, Series A, 5.38%, 6/01/38 |
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830 |
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851,937 |
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36,586,664 |
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Connecticut - 0.0% |
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Connecticut State Development Authority, RB, AFCO Cargo BDL, LLC Project, AMT, 7.35%, 4/01/10 |
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125 |
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123,699 |
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Florida - 5.8% |
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City of Clearwater Florida, RB, Series A, 5.25%, 12/01/39 |
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3,435 |
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3,354,758 |
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County of Broward Florida, RB, Series A, 5.25%, 10/01/34 |
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2,155 |
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2,175,925 |
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County of Lee Florida, RB (AMBAC), 5.00%, 10/01/22 |
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4,705 |
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4,706,788 |
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County of Miami-Dade Florida, RB, Miami International Airport, Series A (AGC), AMT, 5.25%, 10/01/38 |
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5,150 |
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4,493,375 |
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Greater Orlando Aviation Authority, Florida, RB, Special Purpose, JetBlue Airways Corporation, AMT, 6.50%, 11/15/36 |
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2,500 |
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1,605,450 |
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Hillsborough County IDA, RB, National Gypsum, Series A, AMT, 7.13%, 4/01/30 |
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11,500 |
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6,447,705 |
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Hillsborough County IDA, RB, National Gypsum, Series B, AMT, 7.13%, 4/01/30 |
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5,000 |
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2,803,350 |
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Midtown Miami Community Development District, Special Assessment, Series B, 6.50%, 5/01/37 |
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5,330 |
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3,716,396 |
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Santa Rosa Bay Bridge Authority, RB, 6.25%, 7/01/28 |
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4,620 |
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2,494,199 |
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31,797,946 |
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Guam - 1.2% |
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Territory of Guam, GO, Series A, 5.75%, 11/15/14 |
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1,000 |
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992,990 |
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Territory of Guam, GO, Series A, 6.00%, 11/15/19 |
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1,270 |
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1,245,362 |
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Territory of Guam, GO, Series A, 6.75%, 11/15/29 |
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2,225 |
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2,224,199 |
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Territory of Guam, GO, Series A, 7.00%, 11/15/39 |
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2,300 |
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2,291,053 |
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6,753,604 |
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Idaho - 1.7% |
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Idaho Housing & Finance Association, RB, S/F Mortgage, Senior, Series C-2, AMT, 7.15%, 7/01/23 |
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25 |
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25,036 |
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Power County Industrial Development Corp., RB, FMC Corp. Project, AMT, 6.45%, 8/01/32 |
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10,000 |
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9,211,300 |
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9,236,336 |
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Illinois - 1.5% |
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Illinois Finance Authority, RB, Friendship Village Schaumburg, Series A, 5.63%, 2/15/37 |
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1,750 |
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1,167,075 |
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Illinois Finance Authority, RB, Landing at Plymouth Place Project, Series A, 6.00%, 5/15/37 |
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2,155 |
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1,538,368 |
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Illinois Finance Authority, RB, Monarch Landing Inc. Facilities, Series A, 7.00%, 12/01/37 |
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1,445 |
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817,913 |
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Metropolitan Pier & Exposition Authority, Illinois, RB, McCormick Place Expansion, Series A (MBIA), 5.50%, 6/15/23 |
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4,000 |
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4,180,800 |
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Village of Bolingbrook Illinois, Special Tax, Forest City Project, 5.90%, 3/01/27 |
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1,000 |
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699,700 |
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8,403,856 |
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Indiana - 0.4% |
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Indiana Municipal Power Agency, Indiana, RB, Indiana Muni Power Agency Series B, 6.00%, 1/01/39 |
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2,230 |
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2,315,966 |
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3
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BlackRock MuniYield Fund, Inc. |
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Schedule of Investments July 31, 2009 (Unaudited) |
(Percentages shown are based on Net Assets) |
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State |
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Municipal Bonds |
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Par |
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Value |
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Kansas - 1.6% |
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City of Lenexa Kansas, RB, Lakeview Village Inc., Series C, 6.88%, 5/15/12 (c) |
|
$ |
1,250 |
|
$ |
1,455,487 |
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Kansas Development Finance Authority, RB, Adventist Health, 5.75%, 11/15/38 |
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|
7,100 |
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7,115,691 |
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8,571,178 |
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Kentucky - 0.7% |
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Kentucky Economic Development Finance Authority, Kentucky, RB, Louisville Arena, Sub-Series A-1 (AGC), 6.00%, 12/01/38 |
|
|
800 |
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|
821,984 |
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Kentucky Economic Development Finance Authority, Kentucky, RB, Norton Healthcare, Series A, 6.63%, 10/01/10 (c) |
|
|
2,350 |
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|
2,528,153 |
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Kentucky Economic Development Finance Authority, Kentucky, RB, Norton Healthcare, Series A, 6.63%, 10/01/28 |
|
|
650 |
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|
654,140 |
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4,004,277 |
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Louisiana - 6.8% |
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Louisiana Local Government Environmental Facilities & Community Development Authority, RB, Westlake Chemical Corp. Projects, 6.75%, 11/01/32 |
|
|
9,000 |
|
|
7,486,020 |
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Louisiana Public Facilities Authority, RB, Franciscan Missionaries, Series A, 5.25%, 8/15/36 |
|
|
2,795 |
|
|
2,343,468 |
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Louisiana State Citizens Property Insurance Corp., RB, Series B (AMBAC), 5.00%, 6/01/20 |
|
|
10,000 |
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|
9,259,800 |
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Parish of East Baton Rouge Louisiana, RB, Series A, 5.25%, 2/01/39 |
|
|
1,610 |
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|
1,599,728 |
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Port Lake Charles Louisiana, Refunding RB, Continental Grain Co. Project, 6.50%, 1/01/17 |
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|
19,000 |
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16,346,840 |
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37,035,856 |
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Maryland - 2.6% |
|
County of Prince George’s Maryland, SO, National Harbor Project, Remarketed, 5.20%, 7/01/34 |
|
|
1,500 |
|
|
1,052,940 |
|
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Maryland Community Development Administration, RB, Residential, Series A, AMT, 4.65%, 9/01/32 |
|
|
2,580 |
|
|
2,245,838 |
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Maryland Health & Higher Educational Facilities Authority, RB, Peninsula Regional Medical Center, 5.00%, 7/01/36 |
|
|
3,500 |
|
|
3,316,600 |
|
|
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Maryland Health & Higher Educational Facilities Authority, RB, University Maryland Medical System, 6.00%, 7/01/12 (c) |
|
|
4,000 |
|
|
4,548,640 |
|
|
|
|
Maryland Industrial Development Financing Authority, RB, Our Lady of Good Counsel School, Series A, 6.00%, 5/01/35 |
|
|
500 |
|
|
370,105 |
|
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|
Maryland State Energy Financing Administration, IDRB, Cogeneration, AES Warrior Run, AMT, 7.40%, 9/01/19 |
|
|
3,000 |
|
|
2,691,330 |
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|
|
|
|
|
|
|
14,225,453 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Massachusetts - 2.9% |
|
Commonwealth of Massachusetts, RB (FGIC), 5.25%, 1/01/14 (c) |
|
|
10,000 |
|
|
11,330,900 |
|
|
|
|
Massachusetts Development Finance Agency, RB, Seven Hills Foundation & Affiliates (Radian), 5.00%, 9/01/35 |
|
|
3,500 |
|
|
2,825,760 |
|
4
|
|
|
|
BlackRock MuniYield Fund, Inc. |
|
|
|
|
|
Schedule of Investments July 31, 2009 (Unaudited) |
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|||||||||
|
State |
|
Municipal Bonds |
|
Par |
|
Value |
|
||
|
|
|
|
|
|
|
|
|
||
|
|
|
Massachusetts Development Finance Agency, RB, Western New England, Series A (AGC), 5.00%, 9/01/33 |
|
$ |
1,500 |
|
$ |
1,452,990 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
15,609,650 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Michigan - 2.8% |
|
City of Detroit Michigan, RB, Senior Lien, Series B, Remarketed (FSA), 7.50%, 7/01/33 |
|
|
1,835 |
|
|
2,124,710 |
|
|
|
|
Macomb County Hospital Finance Authority, Michigan, RB, Mount Clemens General Hospital, Series B, 5.88%, 11/15/13 (c) |
|
|
3,015 |
|
|
3,548,504 |
|
|
|
|
Royal Oak Hospital Finance Authority, Michigan, RB, William Beaumont Hospital, 8.00%, 9/01/29 |
|
|
2,000 |
|
|
2,257,400 |
|
|
|
|
Royal Oak Hospital Finance Authority, Michigan, RB, William Beaumont Hospital, 8.25%, 9/01/39 |
|
|
6,365 |
|
|
7,180,166 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
15,110,780 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Minnesota - 0.6% |
|
City of Eden Prairie Minnesota, RB, Rolling Hills Project, Series A (GNMA), 6.00%, 8/20/21 |
|
|
420 |
|
|
450,820 |
|
|
|
|
City of Eden Prairie Minnesota, RB, Rolling Hills Project, Series A (GNMA), 6.20%, 2/20/43 |
|
|
2,000 |
|
|
2,121,080 |
|
|
|
|
City of Minneapolis Minnesota, RB, Housing, Gaar Scott Loft Project, AMT, 5.95%, 5/01/30 |
|
|
905 |
|
|
918,249 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3,490,149 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Mississippi - 0.1% |
|
University of Southern Mississippi, RB, Campus Facilities Improvement Project, 5.38%, 9/01/36 |
|
|
280 |
|
|
288,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Missouri - 3.0% |
|
Missouri State Highways & Transit Commission, Missouri, RB, First Lien, Series A, 5.00%, 5/01/21 |
|
|
15,000 |
|
|
16,407,450 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Nebraska - 0.3% |
|
City of Lincoln Nebraska, RB, 4.25%, 6/15/24 |
|
|
815 |
|
|
826,858 |
|
|
|
|
City of Lincoln Nebraska, RB, 4.25%, 6/15/25 |
|
|
905 |
|
|
915,516 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,742,374 |
|
|
|
|
|
|
|
|
|
|
|
|
|
New Hampshire - 0.6% |
|
New Hampshire Health & Education Facilities Authority, RB, Elliot Hospital, Series B, 5.60%, 10/01/22 |
|
|
3,425 |
|
|
3,424,692 |
|
|
|
|
|
|
|
|
|
|
|
|
|
New Jersey - 16.7% |
|
New Jersey EDA, RB, Cigarette Tax, 5.50%, 6/15/24 |
|
|
11,435 |
|
|
9,779,441 |
|
|
|
|
New Jersey EDA, RB, Continental Airlines Inc. Project, AMT, 6.25%, 9/15/19 |
|
|
3,905 |
|
|
3,009,232 |
|
|
|
|
New Jersey EDA, RB, Continental Airlines Inc. Project, AMT, 6.25%, 9/15/29 |
|
|
14,000 |
|
|
9,588,600 |
|
|
|
|
New Jersey EDA, RB, First Mortgage, Lions Gate Project, Series A, 5.75%, 1/01/25 |
|
|
710 |
|
|
586,794 |
|
|
|
|
New Jersey EDA, RB, First Mortgage, Lions Gate Project, Series A, 5.88%, 1/01/37 |
|
|
230 |
|
|
170,888 |
|
|
|
|
New Jersey EDA, RB, First Mortgage, Presbyterian, Series A, 6.38%, 11/01/31 |
|
|
3,000 |
|
|
2,287,380 |
|
|
|
|
New Jersey EDA, RB, Motor Vehicle Surcharge Revenue, Series A (MBIA), 5.00%, 7/01/29 |
|
|
20,000 |
|
|
19,555,200 |
|
|
|
|
New Jersey EDA, RB, School Facilities Construction, Series O, 5.25%, 3/01/23 |
|
|
8,825 |
|
|
9,187,972 |
|
5
|
|
|
|
BlackRock MuniYield Fund, Inc. |
|
|
|
|
|
Schedule of Investments July 31, 2009 (Unaudited) |
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|||||||||
|
State |
|
Municipal Bonds |
|
Par |
|
Value |
|
||
|
|
|
|
|
|
|
|
|
||
|
|
|
New Jersey Health Care Facilities Financing Authority, RB, Pascack Valley Hospital Association, 6.00%, 7/01/13 (a)(b) |
|
$ |
1,335 |
|
$ |
34,176 |
|
|
|
|
New Jersey Health Care Facilities Financing Authority, RB, Pascack Valley Hospital Association, 6.63%, 7/01/36 (a)(b) |
|
|
1,835 |
|
|
46,976 |
|
|
|
|
New Jersey Transportation Trust Fund Authority, New Jersey, RB, CAB, Transportation System, Series C (AMBAC), 5.05%, 12/15/35 (d) |
|
|
13,110 |
|
|
2,259,115 |
|
|
|
|
New Jersey Transportation Trust Fund Authority, New Jersey, RB, Transportation System, Series A, 5.50%, 12/15/21 |
|
|
3,975 |
|
|
4,334,141 |
|
|
|
|
New Jersey Transportation Trust Fund Authority, New Jersey, RB, Transportation System, Series A, 5.50%, 12/15/22 |
|
|
6,600 |
|
|
7,141,266 |
|
|
|
|
New Jersey Transportation Trust Fund Authority, New Jersey, RB, Transportation System, Series D, 5.00%, 6/15/20 |
|
|
9,410 |
|
|
9,760,052 |
|
|
|
|
New Jersey Transportation Trust Fund Authority, New Jersey, RB, Transportation System, Series D (FSA), 5.00%, 6/15/19 |
|
|
5,425 |
|
|
5,801,332 |
|
|
|
|
New Jersey Transportation Trust Fund Authority, New Jersey, RB, Transportation System, Series D (FSA), 5.00%, 6/15/20 |
|
|
7,000 |
|
|
7,420,700 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
90,963,265 |
|
|
|
|
|
|
|
|
|
|
|
|
|
New York - 9.2% |
|
City of New York New York, GO, Series A (MBIA), 6.38%, 5/15/14 |
|
|
1,020 |
|
|
1,069,990 |
|
|
|
|
City of New York New York, GO, Series A (MBIA), 6.38%, 5/15/15 |
|
|
95 |
|
|
99,656 |
|
|
|
|
City of New York New York, GO, Series O, 5.00%, 6/01/33 |
|
|
2,500 |
|
|
2,499,475 |
|
|
|
|
Dutchess County Industrial Development Agency, New York, Refunding RB, Saint Francis Hospital, Series A, 7.50%, 3/01/29 |
|
|
2,200 |
|
|
2,052,908 |
|
|
|
|
Metropolitan Transportation Authority, RB, Series B, 5.00%, 11/15/34 |
|
|
4,910 |
|
|
4,818,379 |
|
|
|
|
New York City Industrial Development Agency, RB, British Airways Plc Project, AMT, 7.63%, 12/01/32 |
|
|
1,250 |
|
|
963,450 |
|
|
|
|
New York City Industrial Development Agency, RB, Queens Baseball Stadium, PILOT (AMBAC), 5.00%, 1/01/22 |
|
|
2,000 |
|
|
1,864,700 |
|
|
|
|
New York City Industrial Development Agency, RB, Queens Baseball Stadium, PILOT (AMBAC), 5.00%, 1/01/23 |
|
|
2,175 |
|
|
1,997,063 |
|
|
|
|
New York City Transitional Finance Authority, RB, Fiscal 2008, Series S-1, 4.50%, 1/15/38 |
|
|
1,970 |
|
|
1,763,623 |
|
|
|
|
New York State Dormitory Authority, RB, Education, Series F, 5.00%, 3/15/35 |
|
|
5,000 |
|
|
5,002,150 |
|
|
|
|
New York State Dormitory Authority, RB, Mount Sinai Health, Series A, 6.75%, 7/01/20 |
|
|
1,855 |
|
|
1,903,712 |
|
6
|
|
|
|
BlackRock MuniYield Fund, Inc. |
|
|
|
|
|
Schedule of Investments July 31, 2009 (Unaudited) |
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|||||||||
|
State |
|
Municipal Bonds |
|
Par |
|
Value |
|
||
|
|
|
|
|
|
|
|
|
||
|
|
|
Tobacco Settlement Financing Corp., New York, RB, Series B-1C, 5.50%, 6/01/21 |
|
$ |
9,400 |
|
$ |
9,750,714 |
|
|
|
|
Triborough Bridge & Tunnel Authority, New York, RB, Subordinate Bonds, 5.25%, 11/15/30 |
|
|
10,000 |
|
|
10,175,700 |
|
|
|
|
Westchester County Industrial Development Agency, New York, RB, Mortgage, Kendal On Hudson Project, Series A, 6.50%, 1/01/13 (c) |
|
|
2,895 |
|
|
3,367,927 |
|
|
|
|
Westchester County Industrial Development Agency, New York, RB, Mortgage, Kendal On Hudson Project, Series A, 6.38%, 1/01/24 |
|
|
3,450 |
|
|
2,822,204 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
50,151,651 |
|
|
|
|
|
|
|
|
|
|
|
|
|
North Carolina - 2.0% |
|
North Carolina Eastern Municipal Power Agency, North Carolina, RB, Series D, 6.75%, 1/01/26 |
|
|
4,750 |
|
|
4,825,952 |
|
|
|
|
North Carolina HFA, North Carolina, RB, Home Ownership, Series 8, Series A, AMT, 6.20%, 7/01/16 |
|
|
145 |
|
|
145,799 |
|
|
|
|
North Carolina Housing Finance Agency, North Carolina, RB, Single Family, Series II (FHA), 6.20%, 3/01/16 |
|
|
525 |
|
|
526,039 |
|
|
|
|
North Carolina Medical Care Commission, North Carolina, RB, First Mortgage, Arbor Acres Community Project, 6.38%, 3/01/12 (c) |
|
|
1,000 |
|
|
1,135,700 |
|
|
|
|
North Carolina Medical Care Commission, North Carolina, RB, First Mortgage, Presbyterian Homes, 5.40%, 10/01/27 |
|
|
5,000 |
|
|
4,130,500 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10,763,990 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Ohio - 2.7% |
|
Buckeye Tobacco Settlement Financing Authority, RB, Asset Backed, Senior, Turbo, Series A-2, 6.50%, 6/01/47 |
|
|
7,460 |
|
|
4,744,635 |
|
|
|
|
County of Hamilton Ohio, RB, Improvement, Metropolitan Sewer District, Series B (MBIA), 5.00%, 12/01/28 |
|
|
5,065 |
|
|
5,169,339 |
|
|
|
|
County of Lucas Ohio, RB, Refunding & Improvement, Sunset Retirement, Series A, 6.63%, 8/15/30 |
|
|
2,175 |
|
|
2,090,414 |
|
|
|
|
Port of Greater Cincinnati Development Authority, Special Assessment, Coop Public Parking Infrastructure Project, 6.30%, 2/15/24 |
|
|
825 |
|
|
651,338 |
|
|
|
|
Toledo-Lucas County Port Authority, RB, Saint Mary Woods Project, Series A, 6.00%, 5/15/24 |
|
|
750 |
|
|
569,888 |
|
|
|
|
Toledo-Lucas County Port Authority, RB, Saint Mary Woods Project, Series A, 6.00%, 5/15/34 |
|
|
2,250 |
|
|
1,569,218 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
14,794,832 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Oregon - 0.6% |
|
Portland Housing Authority, RB, Housing, Pine Square & University Place, Series A, 5.88%, 1/01/22 |
|
|
1,610 |
|
|
1,308,689 |
|
|
|
|
State of Oregon, GO, Veterans Welfare, Series 80A, 5.70%, 10/01/32 |
|
|
2,170 |
|
|
2,192,438 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3,501,127 |
|
|
|
|
|
|
|
|
|
|
|
|
7
|
|
|
|
BlackRock MuniYield Fund, Inc. |
|
|
|
|
|
Schedule of Investments July 31, 2009 (Unaudited) |
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|||||||||
|
State |
|
Municipal Bonds |
|
Par |
|
Value |
|
||
|
|
|
|
|
|
|
|
|
||
|
Pennsylvania - 7.2% |
|
Pennsylvania Economic Development Financing Authority, RB, National Gypsum Co., Series A, Remarketed, AMT, 6.25%, 11/01/27 |
|
$ |
5,270 |
|
$ |
2,956,259 |
|
|
|
|
Pennsylvania HFA, RB, Series 97A, AMT, 4.60%, 10/01/27 |
|
|
2,450 |
|
|
2,188,169 |
|
|
|
|
Pennsylvania Higher Educational Facilities Authority, RB, Allegheny Delaware Valley Obligation, Series C (MBIA), 5.88%, 11/15/16 |
|
|
15,370 |
|
|
13,706,966 |
|
|
|
|
Pennsylvania Turnpike Commission, RB, Sub-Series B, 5.25%, 6/01/39 |
|
|
13,905 |
|
|
13,432,647 |
|
|
|
|
Philadelphia Authority for Industrial Development, RB, Commercial Development, Remarketed, AMT, 7.75%, 12/01/17 |
|
|
1,265 |
|
|
1,090,329 |
|
|
|
|
Sayre Health Care
Facilities Authority, RB, Guthrie Health Issue, Series B, 7.13%, |
|
|
5,000 |
|
|
6,070,600 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
39,444,970 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Puerto Rico - 2.4% |
|
Puerto Rico Electric Power Authority, Refunding RB, Series UU (FSA), 5.00%, 7/01/23 |
|
|
2,425 |
|
|
2,465,328 |
|
|
|
|
Puerto Rico Sales Tax Financing Corp., RB, First Sub-Series A, 6.50%, 8/01/44 |
|
|
10,120 |
|
|
10,597,158 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
13,062,486 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Rhode Island - 1.0% |
|
Central Falls Detention Facility Corp., Rhode Island, Refunding RB, 7.25%, 7/15/35 |
|
|
4,240 |
|
|
2,947,648 |
|
|
|
|
City of Woonsocket Rhode Island, GO (MBIA), 6.00%, 10/01/17 |
|
|
1,225 |
|
|
1,270,546 |
|
|
|
|
City of Woonsocket Rhode Island, GO (MBIA), 6.00%, 10/01/18 |
|
|
1,195 |
|
|
1,235,773 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5,453,967 |
|
|
|
|
|
|
|
|
|
|
|
|
|
South Dakota - 0.8% |
|
South Dakota Health & Educational Facilities Authority, South Dakota, RB, Sanford Health, 5.00%, 11/01/40 |
|
|
5,210 |
|
|
4,557,291 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Tennessee - 0.6% |
|
Hardeman County Correctional Facilities Corp., Tennessee, RB, 7.75%, 8/01/17 |
|
|
3,505 |
|
|
3,228,070 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Texas - 15.0% |
|
Alliance Airport Authority, Texas, Refunding RB, American Airlines Inc. Project, AMT, 5.75%, 12/01/29 |
|
|
3,500 |
|
|
1,225,910 |
|
|
|
|
Austin Texas Convention
Enterprises Inc., Texas, RB, First Tier, Series A, 6.70%, |
|
|
5,000 |
|
|
5,424,350 |
|
|
|
|
Bexar County Housing Finance Corp., RB, Waters at Northern Hills Apartments, Series A (MBIA), 5.80%, 8/01/21 |
|
|
1,300 |
|
|
919,022 |
|
|
|
|
Bexar County Housing Finance Corp., RB, Waters at Northern Hills Apartments, Series A (MBIA), 6.00%, 8/01/31 |
|
|
2,460 |
|
|
1,553,121 |
|
|
|
|
Bexar County Housing Finance Corp., RB, Waters at Northern Hills Apartments, Series A (MBIA), 6.05%, 8/01/36 |
|
|
1,000 |
|
|
613,580 |
|
8
|
|
|
|
BlackRock MuniYield Fund, Inc. |
|
|
|
|
|
Schedule of Investments July 31, 2009 (Unaudited) |
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
State |
|
Municipal Bonds |
|
Par |
|
Value |
|
||
|
|
|
|
|
|
|
|
|
||
|
|
|
Brazos River Authority, Refunding RB, TXU Electric Co. Project, Series C, AMT, 5.75%, 5/01/36 |
|
$ |
7,600 |
|
$ |
5,891,748 |
|
|
|
|
City of Houston Texas, RB, Special Facilities, Continental, Series E, AMT, 7.38%, 7/01/22 |
|
|
3,500 |
|
|
2,866,430 |
|
|
|
|
City of Houston Texas, RB, Special Facilities, Continental, Series E, AMT, 7.00%, 7/01/29 |
|
|
3,000 |
|
|
2,252,220 |
|
|
|
|
Dallas-Fort Worth International Airport Facilities Improvement Corp., Refunding RB, American Airlines Inc, AMT, 5.50%, 11/01/30 |
|
|
12,500 |
|
|
4,378,500 |
|
|
|
|
Gregg County Health Facilities Development Corp., Texas, RB, Good Shepherd Medical Center Project (Radian), 6.38%, 10/01/10 (c) |
|
|
2,000 |
|
|
2,136,080 |
|
|
|
|
Gregg County Health Facilities Development Corp., Texas, RB, Good Shepherd Medical Center Project (Radian), 6.88%, 10/01/10 (c) |
|
|
3,000 |
|
|
3,221,220 |
|
|
|
|
Guadalupe-Blanco River Authority, RB, E.I. du Pont de Nemours & Company Project, AMT, 6.40%, 4/01/26 |
|
|
5,000 |
|
|
5,000,100 |
|
|
|
|
Gulf Coast IDA, RB, Citgo Petroleum Corporation Project, AMT, 7.50%, 5/01/25 |
|
|
3,900 |
|
|
3,889,665 |
|
|
|
|
Houston Industrial Development Corp., RB, Senior, Air Cargo, AMT, 6.38%, 1/01/23 |
|
|
1,590 |
|
|
1,274,767 |
|
|
|
|
Houston Texas Airport Systems Revenue, ARB, Refunding, Senior Lien, Series A, 5.50%, 7/01/39 |
|
|
3,100 |
|
|
3,039,643 |
|
|
|
|
Lower Colorado River Authority, RB, Samsung Austin Semiconductor, AMT, 6.95%, 4/01/30 |
|
|
3,330 |
|
|
3,135,328 |
|
|
|
|
Matagorda County Navigation District No. 1, Texas, Refunding RB, Central Power & Light Company Project, Series A, Remarketed, 6.30%, 11/01/29 |
|
|
4,320 |
|
|
4,481,136 |
|
|
|
|
North Texas Tollway Authority, Refunding RB, Toll 2nd Tier, Series F, 6.13%, 1/01/31 |
|
|
12,140 |
|
|
12,231,900 |
|
|
|
|
SA Energy Acquisition Public Facility Corporation, RB, Gas Supply Revenue, 5.50%, 8/01/23 |
|
|
6,955 |
|
|
6,501,951 |
|
|
|
|
SA Energy Acquisition Public Facility Corporation, RB, Gas Supply Revenue, 5.50%, 8/01/25 |
|
|
6,365 |
|
|
5,874,449 |
|
|
|
|
Texas State Turnpike Authority, RB, First Tier, Series A (AMBAC), 5.50%, 8/15/39 |
|
|
6,500 |
|
|
5,900,310 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
81,811,430 |
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Virgin Islands - 1.1% |
|
Virgin Islands Public Finance Authority, RB, Senior Secured, Hovensa Refinery, AMT, 6.13%, 7/01/22 |
|
|
6,250 |
|
|
5,973,313 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Virginia - 0.6% |
|
James City County EDA, RB, First Mortgage, Williamsburg Lodge, Series A, 5.35%, 9/01/26 |
|
|
1,500 |
|
|
1,091,595 |
|
|
|
|
James City County EDA, RB, First Mortgage, Williamsburg Lodge, Series A, 5.50%, 9/01/34 |
|
|
2,000 |
|
|
1,352,580 |
|
9
|
|
|
|
BlackRock MuniYield Fund, Inc. |
|
|
|
|
|
Schedule of Investments July 31, 2009 (Unaudited) |
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
State |
|
Municipal Bonds |
|
Par |
|
Value |
|
||
|
|
|
|
|
|
|
|
|
||
|
|
|
Winchester IDA, Virginia, RB, Westminster, Canterbury, Series A, 5.20%, 1/01/27 |
|
$ |
1,000 |
|
$ |
765,270 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3,209,445 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Washington - 0.3% |
|
Vancouver Housing Authority, Washington, RB, Housing, Teal Pointe Apartments Project, AMT, 6.00%, 9/01/22 |
|
|
945 |
|
|
778,661 |
|
|
|
|
Vancouver Housing Authority, Washington, RB, Housing, Teal Pointe Apartments Project, AMT, 6.20%, 9/01/32 |
|
|
1,250 |
|
|
943,975 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,722,636 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Wisconsin - 4.0% |
|
City of Milwaukee Wisconsin, RB, Senior, Air Cargo, AMT, 6.50%, 1/01/25 |
|
|
660 |
|
|
526,574 |
|
|
|
|
State of Wisconsin, RB, Series A, 6.00%, 5/01/36 |
|
|
14,300 |
|
|
15,209,909 |
|
|
|
|
Wisconsin Health & Educational Facilities Authority, RB, Franciscan Sisters Healthcare, 5.00%, 9/01/26 |
|
|
7,425 |
|
|
6,028,061 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
21,764,544 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Wyoming - 0.9% |
|
Wyoming Community Development Authority, Wyoming, RB, Series 3, AMT, 4.75%, 12/01/37 |
|
|
5,315 |
|
|
4,602,312 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Municipal Bonds - 127.4% |
|
|
|
|
|
694,913,247 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||
|
|
|
Municipal Bonds
Transferred to Tender Option Bond |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Alabama - 0.8% |
|
Alabama Special Care Facilities Financing Authority, Refunding RB, Ascension Health, Senior Credit, Series C2, 5.00%, 11/15/36 |
|
|
4,538 |
|
|
4,374,179 |
|
|
|
|
|
|
|
|
|
|
|
|
|
California - 2.2% |
|
California Educational Facilities Authority, RB, University Southern California, Series A, 5.25%, 10/01/39 |
|
|
5,310 |
|
|
5,473,229 |
|
|
|
|
Los Angeles Community College District, California, GO, Election 2001, Series A (FSA), 5.00%, 8/01/32 |
|
|
4,650 |
|
|
4,447,958 |
|
|
|
|
San Diego Community College District, California, GO, Election of 2002, 5.25%, 8/01/33 |
|
|
2,154 |
|
|
2,188,946 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
12,110,133 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Colorado - 2.2% |
|
Colorado Health Facilities Authority, RB, Catholic Health, Series C3 (FSA), 5.10%, 10/01/41 |
|
|
7,490 |
|
|
7,304,473 |
|
|
|
|
Colorado Health Facilities Authority, RB, Catholic Health, Series C7 (FSA), 5.00%, 9/01/36 |
|
|
4,800 |
|
|
4,681,584 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11,986,057 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Connecticut - 3.4% |
|
Connecticut State Health & Educational Facility Authority, RB, Yale University, Series T1, 4.70%, 7/01/29 |
|
|
9,130 |
|
|
9,403,444 |
|
|
|
|
Connecticut State Health & Educational Facility Authority, RB, Yale University, Series X3, 4.85%, 7/01/37 |
|
|
9,270 |
|
|
9,367,984 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
18,771,428 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Georgia - 1.2% |
|
Private Colleges & Universities Authority, Refunding RB, Emory University, Series C, 5.00%, 9/01/38 |
|
|
6,398 |
|
|
6,448,739 |
|
|
|
|
|
|
|
|
|
|
|
|
|
New Hampshire - 0.8% |
|
New Hampshire Health & Education Facilities Authority, RB, Dartmouth College, 5.25%, 6/01/39 |
|
|
4,048 |
|
|
4,218,237 |
|
|
|
|
|
|
|
|
|
|
|
|
|
New York - 0.6% |
|
New York City Municipal Water Finance Authority, RB, Series FF-2, 5.50%, 6/15/40 |
|
|
3,194 |
|
|
3,356,580 |
|
|
|
|
|
|
|
|
|
|
|
|
10
|
|
|
|
BlackRock MuniYield Fund, Inc. |
|
|
|
|
|
Schedule of Investments July 31, 2009 (Unaudited) |
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
State |
|
Municipal
Bonds Transferred to |
|
Par |
|
Value |
|
||
|
|
|
|
|
|
|
|
|
||
|
North Carolina - 4.1% |
|
North Carolina Capital Facilities Finance Agency, Refunding RB, Duke University Project, Series A, 5.00%, 10/01/41 |
|
$ |
18,897 |
|
$ |
19,020,724 |
|
|
|
|
North Carolina Capital Facilities Finance Agency, Refunding RB, Wake Forest University, 5.00%, 1/01/38 |
|
|
3,120 |
|
|
3,157,253 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
22,177,977 |
|
|
|
|
|
|
|
|
|
|
|
|
|
South Carolina - 3.2% |
|
Charleston Educational Excellence Finance Corporation, RB, Charleston County School (AGC), 5.25%, 12/01/28 |
|
|
7,795 |
|
|
7,937,259 |
|
|
|
|
Charleston Educational Excellence Finance Corporation, RB, Charleston County School (AGC), 5.25%, 12/01/29 |
|
|
6,920 |
|
|
7,012,451 |
|
|
|
|
Charleston Educational Excellence Finance Corporation, RB, Charleston County School (AGC), 5.25%, 12/01/30 |
|
|
2,510 |
|
|
2,534,021 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
17,483,731 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Tennessee - 2.1% |
|
Shelby County Health Educational & Housing Facilities Board, Refunding RB, St. Jude’s Children’s Research Hospital, 5.00%, 7/01/31 |
|
|
11,240 |
|
|
11,265,627 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Virginia - 10.1% |
|
Fairfax County IDA, Virginia, RB, Health Care, Inova Health System, Series A, 5.50%, 5/15/35 |
|
|
6,266 |
|
|
6,374,214 |
|
|
|
|
University of Virginia, Refunding RB, 5.00%, 6/01/40 |
|
|
30,930 |
|
|
31,054,029 |
|
|
|
|
Virginia HDA, RB, Series H, Sub-Series H-1 (MBIA), 5.35%, 7/01/31 |
|
|
6,720 |
|
|
6,760,925 |
|
|
|
|
Virginia HDA, RB, Series H, Sub-Series H-1 (MBIA), 5.38%, 7/01/36 |
|
|
10,620 |
|
|
10,832,081 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
55,021,249 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Washington - 1.0% |
|
Central Puget Sound Regional Transportation Authority, Washington, RB, Series A (FSA), 5.00%, 11/01/32 |
|
|
5,384 |
|
|
5,419,672 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Municipal Bonds Transferred to Tender Option Bond Trusts - 31.7% |
|
|
|
|
|
172,633,609 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
Long-Term Investments |
|
|
|
|
|
867,546,856 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Short-Term Securities |
|
Shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FFI Institutional Tax-Exempt Fund, 0.42% (f)(g) |
|
|
13,000,000 |
|
|
13,000,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
Short-Term Securities |
|
|
|
|
|
13,000,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
Investments |
|
|
|
|
|
880,546,856 |
|
|
|
|
Other Assets Less Liabilities - 1.1% |
|
|
|
|
|
6,241,889 |
|
|
|
|
Liability for Trust Certificates, Including Interest Expense and Fees Payable - (16.5)% |
|
|
|
|
|
(90,201,173 |
) |
|
|
|
Preferred
Shares, at Redemption |
|
|
|
|
|
(251,492,249 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net
Assets Applicable to Common |
|
|
|
|
$ |
545,095,323 |
|
|
|
|
|
|
|
|
|
|
|
|
11
|
|
|
BlackRock MuniYield Fund, Inc. |
|
|
|
Schedule of Investments July 31, 2009 (Unaudited) |
|
|
|
|
|
|
* |
The cost and unrealized appreciation (depreciation) of investments as of July 31, 2009, as computed for federal income tax purposes, were as follows: |
|
|
|
|
|
|
|
Aggregate cost |
|
$ |
852,685,183 |
|
|
|
|
|
|
|
|
Gross unrealized appreciation |
|
$ |
20,920,082 |
|
|
Gross unrealized depreciation |
|
|
(83,209,640 |
) |
|
|
|
|
|
|
|
Net unrealized depreciation |
|
$ |
(62,289,558 |
) |
|
|
|
|
|
|
|
|
|
|
(a) |
Non-income producing security. |
|
|
|
|
(b) |
Issuer filed for bankruptcy and/or is in default of interest payments. |
|
|
|
|
(c) |
US government securities, held in escrow, are used to pay interest on this security as well as to retire the bond in full at the date indicated, typically at a premium to par. |
|
|
|
|
(d) |
Represents a zero coupon bond. Rate shown reflects the current yield as of report date. |
|
|
|
|
(e) |
Securities represent bonds transferred to a tender option bond trust in exchange for which the Fund acquired the residual interest certificates. These securities serve as collateral in a financing transaction. |
|
|
|
|
(f) |
Investments in companies considered to be an affiliate of the Fund, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, were as follows: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
Affiliate |
|
Net Activity |
|
Income |
|
||
|
|
|
|
|
|
|
||
|
FFI Institutional Tax-Exempt Fund |
|
10,894,968 |
|
$9,049 |
|
||
|
|
|
|
|
|
|
|
|
|
|
|
|
(g) |
Represents the current yield as of report date. |
12
|
|
|
BlackRock MuniYield Fund, Inc. |
|
|
|
Schedule of Investments July 31, 2009 (Unaudited) |
|
|
|
|
|
|
|
• |
Financial Accounting Standards Board Statement of Financial Accounting Standards No. 157, “Fair Value Measurements” clarifies the definition of fair value, establishes a framework for measuring fair values and requires additional disclosures about the use of fair value measurements. Various inputs are used in determining the fair value of investments, which are as follows: |
|
|
|
|
|
|
|
• |
Level 1 - price quotations in active markets/exchanges for identical securities |
|
|
|
|
|
|
• |
Level 2 - other observable inputs (including, but not limited to: quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs) |
|
|
|
|
|
|
• |
Level 3 - unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Fund’s own assumptions used in determining the fair value of investments) |
|
|
|
|
|
|
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For information about the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent financial statements as contained in its semi-annual report. |
|
|
|
|
|
|
|
The following table summarizes the inputs used as of July 31, 2009 in determining the fair valuation of the Fund’s investments: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Valuation |
|
|
|
Investments in |
|
|
|
|
|
|
|
|
|
|
|
|
Assets |
|
|
|
|
|
|
|
||
|
Level 1 - Short-Term Securities |
|
$ |
13,000,000 |
|
|
|
Level 2 - Long-Term Investments1 |
|
|
867,546,856 |
|
|
|
Level 3 |
|
|
— |
|
|
|
|
|
|
|
|
|
|
Total |
|
$ |
880,546,856 |
|
|
|
|
|
|
|
|
|
|
|
|
|
1 See above Schedule of Investments for values in each state or political classifications. |
|
13
|
Item 2 – |
Controls and Procedures |
||
|
2(a) – |
The registrant's principal executive and principal financial officers or persons performing similar functions have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”)) are effective as of a date within 90 days of the filing of this report based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rule 13(a)-15(b) under the Securities Exchange Act of 1934, as amended. |
||
|
2(b) – |
There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting. |
||
|
Item 3 – |
Exhibits |
||
|
|
Certifications – Attached hereto |
||
|
|
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. |
||
|
|
|
||
|
|
BlackRock MuniYield Fund, Inc. |
||
|
By: |
/s/ Anne F. Ackerley | ||
| Anne F. Ackerley | |||
| Chief Executive Officer of | |||
| BlackRock MuniYield Fund, Inc. | |||
| Date: September 22, 2009 | |||
| Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated. | |||
|
By: |
/s/ Anne F. Ackerley | ||
| Anne F. Ackerley | |||
| Chief Executive Officer (principal executive officer) of | |||
| BlackRock MuniYield Fund, Inc. | |||
| Date: September 22, 2009 | |||
|
By: |
/s/ Neal J. Andrews | ||
| Neal J. Andrews | |||
| Chief Financial Officer (principal financial officer) of | |||
| BlackRock MuniYield Fund, Inc. | |||
| Date: September 22, 2009 | |||