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., 55 East 52nd Street, New York, NY 10055.

 

Registrant’s telephone number, including area code: (800) 882-0052, Option 4

 

Date of fiscal year end: 04/30/2011

 

Date of reporting period: 07/31/2010

 

Item 1 – Schedule of Investments

 

 

 

 

 

Schedule of Investments July 31, 2010 (Unaudited)

BlackRock MuniYield Fund, Inc. (MYD)

(Percentages shown are based on Net Assets)

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

Alabama — 0.7%

 

 

 

 

 

 

 

County of Jefferson Alabama, RB,
Series A, 5.50%, 1/01/22

 

$

5,250

 

$

4,548,390

 

Arizona — 12.3%

 

 

 

 

 

 

 

Arizona State Transportation Board, RB,
Sub-Series A:

 

 

 

 

 

 

 

5.00%, 7/01/21

 

 

5,825

 

 

6,507,340

 

5.00%, 7/01/22

 

 

7,030

 

 

7,705,091

 

5.00%, 7/01/23

 

 

5,240

 

 

5,709,190

 

Maricopa County IDA Arizona, RB,
Arizona Charter Schools Project,
Series A, 6.75%, 7/01/29

 

 

3,300

 

 

2,280,927

 

Maricopa County IDA Arizona, Refunding
RB, Series A-1 (Ginnie Mae):

 

 

 

 

 

 

 

6.00%, 10/20/31

 

 

3,530

 

 

3,729,975

 

6.05%, 10/20/36

 

 

3,530

 

 

3,628,169

 

Maricopa County Pollution Control Corp.,
Refunding RB, Southern California
Edison Co., Series A, 5.00%, 6/01/35

 

 

3,450

 

 

3,471,080

 

Phoenix IDA Arizona, Refunding RB,
America West Airlines Inc. Project,
AMT:

 

 

 

 

 

 

 

6.25%, 6/01/19

 

 

3,000

 

 

2,501,580

 

6.30%, 4/01/23

 

 

5,090

 

 

4,057,850

 

Pima County IDA, IDRB, Tucson Electric
Power, Series A, 6.38%, 9/01/29

 

 

3,000

 

 

3,052,920

 

Pima County IDA, Refunding IDRB,
Tucson Electric Power, 5.75%,
9/01/29

 

 

2,240

 

 

2,288,317

 

Pima County IDA, Refunding RB, Charter
Schools II, Series A, 6.75%, 7/01/31

 

 

735

 

 

716,096

 

Salt River Project Agricultural
Improvement & Power District, RB,
Series A, 5.00%, 1/01/38

 

 

3,975

 

 

4,165,442

 

Salt Verde Financial Corp., RB, Senior:

 

 

 

 

 

 

 

5.00%, 12/01/32

 

 

7,365

 

 

6,691,765

 

5.00%, 12/01/37

 

 

14,190

 

 

12,588,658

 

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

Arizona (concluded)

 

 

 

 

 

 

 

Vistancia Community Facilities District
Arizona, GO:

 

 

 

 

 

 

 

5.50%, 7/15/20

 

$

3,000

 

$

3,188,040

 

5.75%, 7/15/24

 

 

2,125

 

 

2,246,656

 

Yavapai County IDA Arizona, RB, Yavapai
Regional Medical Center, Series A,
6.00%, 8/01/33

 

 

3,900

 

 

3,932,916

 

 

 

 

 

 

 

 

 

 

 

 

 

78,462,012

 

California — 12.4%

 

 

 

 

 

 

 

California Health Facilities Financing
Authority, RB, Cedars-Sinai Medical
Center, 5.00%, 8/15/39

 

 

1,200

 

 

1,153,788

 

California Health Facilities Financing
Authority, Refunding RB, Series A:

 

 

 

 

 

 

 

Catholic Healthcare West, 6.00%,
7/01/34

 

 

3,155

 

 

3,400,838

 

St. Joseph Health System, 5.75%,
7/01/39

 

 

4,425

 

 

4,628,860

 

California State Public Works Board, RB:

 

 

 

 

 

 

 

Department of Mental Health,
Coalinga, Series A, 5.13%, 6/01/29

 

 

1,455

 

 

1,433,306

 

Various Capital Projects,
Sub-Series I-1, 6.38%, 11/01/34

 

 

2,385

 

 

2,545,200

 

California Statewide Communities
Development Authority, RB, John Muir
Health, 5.13%, 7/01/39

 

 

4,375

 

 

4,306,706

 

Golden State Tobacco Securitization
Corp. California, Refunding RB,
Asset-Backed, Senior Series A-1,
5.13%, 6/01/47

 

 

2,090

 

 

1,342,825

 

Los Angeles Department of Airports, RB,
Series A, 5.25%, 5/15/39

 

 

1,605

 

 

1,677,273

 

Los Angeles Department of Airports,
Refunding RB, Senior, Los Angeles
International Airport, Series A, 5.00%,
5/15/40

 

 

11,970

 

 

12,173,131

 

San Francisco City & County Public
Utilities Commission, RB, Series B,
5.00%, 11/01/39

 

 

19,075

 

 

20,039,623

 

 

Portfolio Abbreviations

To 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:

 

 

AGC

Assured Guaranty Corp.

AGM

Assured Guaranty Municipal Corp.

AMBAC

American Municipal Bond Assurance Corp.

AMT

Alternative Minimum Tax (subject to)

CAB

Capital Appreciation Bonds

EDA

Economic Development Authority

EDC

Economic Development Corp.

ERB

Education Revenue Bonds

FHA

Federal Housing Administration

GO

General Obligation Bonds

HDA

Housing Development Authority

HFA

Housing Finance Agency

HRB

Housing Revenue Bonds

IDA

Industrial Development Authority

IDRB

Industrial Development Revenue Bonds

MRB

Mortgage Revenue Bonds

NPFGC

National Public Finance Guarantee Corp.

RB

Revenue Bonds

S/F

Single Family

SO

Special Obligation

 

 

 

BLACKROCK MUNIYIELD FUND, INC.

JULY 31, 2010

1


 

 

 

 

Schedule of Investments (continued)

BlackRock MuniYield Fund, Inc. (MYD)

(Percentages shown are based on Net Assets)

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

California (concluded)

 

 

 

 

 

 

 

State of California, GO:

 

 

 

 

 

 

 

(AMBAC), 5.00%, 4/01/31

 

$

10

 

$

9,910

 

Various Purpose, 5.25%, 11/01/25

 

 

5,000

 

 

5,213,450

 

Various Purpose, 6.00%, 3/01/33

 

 

5,085

 

 

5,504,512

 

Various Purpose, 6.50%, 4/01/33

 

 

14,075

 

 

15,828,886

 

 

 

 

 

 

 

 

 

 

 

 

 

79,258,308

 

Colorado — 4.6%

 

 

 

 

 

 

 

City & County of Denver Colorado, RB,
Series D, AMT (AMBAC), 7.75%,
11/15/13

 

 

5,065

 

 

5,539,236

 

Colorado Health Facilities Authority,
Refunding RB, Sisters of Leavenworth,
Series A, 5.00%, 1/01/40

 

 

4,435

 

 

4,438,104

 

Colorado Housing & Finance Authority,
Refunding RB, S/F Program, Senior
Series D-2, AMT, 6.90%, 4/01/29

 

 

155

 

 

167,476

 

Elk Valley Public Improvement Corp., RB,
Public Improvement Fee, Series A:

 

 

 

 

 

 

 

7.10%, 9/01/14

 

 

700

 

 

714,966

 

7.35%, 9/01/31

 

 

5,065

 

 

4,750,717

 

Plaza Metropolitan District No. 1
Colorado, Tax Allocation Bonds, Public
Improvement Fee, Tax Increment:

 

 

 

 

 

 

 

8.00%, 12/01/25

 

 

6,850

 

 

7,125,918

 

Subordinate, 8.13%, 12/01/25

 

 

1,885

 

 

1,725,416

 

University of Colorado, RB, Series A:

 

 

 

 

 

 

 

5.25%, 6/01/30

 

 

2,250

 

 

2,443,522

 

5.38%, 6/01/32

 

 

1,250

 

 

1,362,238

 

5.38%, 6/01/38

 

 

830

 

 

895,603

 

 

 

 

 

 

 

 

 

 

 

 

 

29,163,196

 

Connecticut — 1.7%

 

 

 

 

 

 

 

Connecticut State Health & Educational
Facility Authority, RB:

 

 

 

 

 

 

 

Ascension Health Senior Credit,
5.00%, 11/15/40

 

 

2,770

 

 

2,850,718

 

Wesleyan University, 5.00%,
7/01/35

 

 

2,225

 

 

2,381,173

 

Wesleyan University, 5.00%,
7/01/39

 

 

5,000

 

 

5,334,150

 

 

 

 

 

 

 

 

 

 

 

 

 

10,566,041

 

District of Columbia — 1.8%

 

 

 

 

 

 

 

Metropolitan Washington Airports
Authority, RB:

 

 

 

 

 

 

 

CAB, 2nd Senior Lien, Series B
(AGC), 7.00%, 10/01/31 (a)

 

 

10,000

 

 

2,849,100

 

CAB, 2nd Senior Lien, Series B
(AGC), 7.03%, 10/01/32 (a)

 

 

15,000

 

 

4,001,550

 

CAB, 2nd Senior Lien, Series B
(AGC), 7.05%, 10/01/33 (a)

 

 

13,410

 

 

3,355,316

 

First Senior Lien, Series A, 5.25%,
10/01/44

 

 

1,500

 

 

1,567,605

 

 

 

 

 

 

 

 

 

 

 

 

 

11,773,571

 

Florida — 7.9%

 

 

 

 

 

 

 

City of Clearwater Florida, RB, Series A,
5.25%, 12/01/39

 

 

3,435

 

 

3,624,062

 

County of Broward Florida, RB, Series
A, 5.25%, 10/01/34

 

 

2,155

 

 

2,255,337

 

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

Florida (concluded)

 

 

 

 

 

 

 

County of Miami-Dade Florida, RB,
Water & Sewer System, 5.00%,
10/01/34

 

$

11,450

 

$

11,752,394

 

County of Miami-Dade Florida,
Refunding RB, Miami International
Airport, Series A-1, 5.38%, 10/01/41

 

 

7,530

 

 

7,662,227

 

Greater Orlando Aviation Authority
Florida, RB, Special Purpose, JetBlue
Airways Corp., AMT, 6.50%, 11/15/36

 

 

2,500

 

 

2,265,925

 

Hillsborough County IDA, RB, AMT,
National Gypsum Co.:

 

 

 

 

 

 

 

Series A, 7.13%, 4/01/30

 

 

11,500

 

 

10,861,520

 

Series B, 7.13%, 4/01/30

 

 

5,000

 

 

4,722,400

 

Midtown Miami Community
Development District, Special
Assessment Bonds, Series B, 6.50%,
5/01/37

 

 

5,255

 

 

5,208,231

 

Santa Rosa Bay Bridge Authority, RB,
6.25%, 7/01/28

 

 

4,620

 

 

2,525,061

 

 

 

 

 

 

 

 

 

 

 

 

 

50,877,157

 

Georgia — 1.4%

 

 

 

 

 

 

 

De Kalb Private Hospital Authority,
Refunding RB, Children’s Healthcare,
5.25%, 11/15/39

 

 

1,700

 

 

1,759,262

 

Metropolitan Atlanta Rapid Transit
Authority, RB, Third Series, 5.00%,
7/01/39

 

 

6,945

 

 

7,307,043

 

 

 

 

 

 

 

 

 

 

 

 

 

9,066,305

 

Guam — 0.7%

 

 

 

 

 

 

 

Territory of Guam, GO, Series A:

 

 

 

 

 

 

 

6.00%, 11/15/19

 

 

1,270

 

 

1,318,870

 

6.75%, 11/15/29

 

 

1,815

 

 

1,946,061

 

7.00%, 11/15/39

 

 

1,200

 

 

1,297,704

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4,562,635

 

Idaho — 1.6%

 

 

 

 

 

 

 

Power County Industrial Development
Corp., RB, FMC Corp. Project, AMT,
6.45%, 8/01/32

 

 

10,000

 

 

10,060,000

 

Illinois — 1.4%

 

 

 

 

 

 

 

Bolingbrook Special Service Area No. 1,
Special Tax Bonds, Forest City
Project, 5.90%, 3/01/27

 

 

1,000

 

 

824,800

 

Illinois Finance Authority, Refunding RB:

 

 

 

 

 

 

 

Central DuPage Health, Series B,
5.50%, 11/01/39

 

 

3,235

 

 

3,375,302

 

Friendship Village Schaumburg,
Series A, 5.63%, 2/15/37

 

 

875

 

 

709,074

 

OSF Healthcare System, Series A,
6.00%, 5/15/39

 

 

2,650

 

 

2,675,095

 

State of Illinois, RB, Build Illinois,
Series B, 5.25%, 6/15/34

 

 

1,275

 

 

1,317,853

 

 

 

 

 

 

 

 

 

 

 

 

 

8,902,124

 

Indiana — 1.7%

 

 

 

 

 

 

 

Indiana Finance Authority, RB, Sisters of
St. Francis Health, 5.25%, 11/01/39

 

 

1,690

 

 

1,728,397

 

Indiana Finance Authority, Refunding
RB, Parkview Health System, Series A,
5.75%, 5/01/31

 

 

6,645

 

 

6,884,619

 

 

 

 

2

BLACKROCK MUNIYIELD FUND, INC.

JULY 31, 2010


 

 

 

 

Schedule of Investments (continued)

BlackRock MuniYield Fund, Inc. (MYD)

(Percentages shown are based on Net Assets)

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

Indiana (concluded)

 

 

 

 

 

 

 

Indiana Municipal Power Agency, RB,
Indiana Municipal Power Agency,
Series B, 6.00%, 1/01/39

 

$

2,230

 

$

2,426,329

 

 

 

 

 

 

 

 

 

 

 

 

 

11,039,345

 

Kansas — 2.0%

 

 

 

 

 

 

 

City of Lenexa Kansas, RB, Lakeview
Village Inc., Series C, 6.88%,
5/15/12 (b)

 

 

1,250

 

 

1,402,762

 

Kansas Development Finance
Authority, Refunding RB:

 

 

 

 

 

 

 

Adventist Health, 5.75%,
11/15/38

 

 

7,100

 

 

7,677,727

 

Sisters of Leavenworth, Series A,
5.00%, 1/01/40

 

 

3,365

 

 

3,405,212

 

 

 

 

 

 

 

 

 

 

 

 

 

12,485,701

 

Kentucky — 0.4%

 

 

 

 

 

 

 

Kentucky Economic Development
Finance Authority, Refunding RB,
Series A:

 

 

 

 

 

 

 

Norton, 6.63%, 10/01/28

 

 

650

 

 

657,963

 

Owensboro Medical Health System,
6.38%, 6/01/40

 

 

2,040

 

 

2,125,231

 

 

 

 

 

 

 

 

 

 

 

 

 

2,783,194

 

Louisiana — 4.9%

 

 

 

 

 

 

 

East Baton Rouge Sewerage
Commission, RB, Series A, 5.25%,
2/01/39

 

 

1,610

 

 

1,701,528

 

Louisiana Local Government
Environmental Facilities & Community
Development Authority, RB, Westlake
Chemical Corp. Projects, 6.75%,
11/01/32

 

 

9,000

 

 

9,308,340

 

New Orleans Aviation Board, Refunding
RB, Passenger Facility Charge,
Series A, 5.25%, 1/01/41

 

 

1,260

 

 

1,262,722

 

Port of New Orleans Louisiana,
Refunding RB, Continental Grain Co.
Project, 6.50%, 1/01/17

 

 

19,000

 

 

19,005,510

 

 

 

 

 

 

 

 

 

 

 

 

 

31,278,100

 

Maine — 0.5%

 

 

 

 

 

 

 

Maine Health & Higher Educational
Facilities Authority, RB, Series A,
5.00%, 7/01/39

 

 

3,140

 

 

3,233,258

 

Maryland — 1.5%

 

 

 

 

 

 

 

County of Prince George’s Maryland, SO,
National Harbor Project, 5.20%,
7/01/34

 

 

1,500

 

 

1,348,560

 

Maryland Community Development
Administration, Refunding RB,
Residential, Series A, AMT, 4.65%,
9/01/32

 

 

2,015

 

 

1,931,659

 

Maryland EDC, RB, Transportation
Facilities Project, Series A, 5.75%,
6/01/35

 

 

880

 

 

899,818

 

Maryland Health & Higher Educational
Facilities Authority, RB, Peninsula
Regional Medical Center, 5.00%,
7/01/36

 

 

2,000

 

 

2,028,560

 

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

Maryland (concluded)

 

 

 

 

 

 

 

Maryland Industrial Development
Financing Authority, RB, Our Lady of
Good Counsel School, Series A,
6.00%, 5/01/35

 

$

500

 

$

483,690

 

Maryland State Energy Financing
Administration, RB, Cogeneration, AES
Warrior Run, AMT, 7.40%, 9/01/19

 

 

3,000

 

 

3,001,200

 

 

 

 

 

 

 

 

 

 

 

 

 

9,693,487

 

Massachusetts — 1.0%

 

 

 

 

 

 

 

Massachusetts Development Finance
Agency, RB, Seven Hills Foundation &
Affiliates (Radian), 5.00%, 9/01/35

 

 

3,500

 

 

2,922,255

 

Massachusetts Health & Educational
Facilities Authority, Refunding RB,
Partners Healthcare, Series J1,
5.00%, 7/01/39

 

 

3,640

 

 

3,726,668

 

 

 

 

 

 

 

 

 

 

 

 

 

6,648,923

 

Michigan — 3.3%

 

 

 

 

 

 

 

City of Detroit Michigan, RB, Senior Lien,
Series B (AGM), 7.50%, 7/01/33

 

 

1,835

 

 

2,209,469

 

Michigan State Hospital Finance
Authority, Refunding RB, Hospital,
Henry Ford Health, 5.75%, 11/15/39

 

 

6,085

 

 

6,097,413

 

Michigan State University, Refunding
RB, General, Series C, 4.25%,
8/15/32

 

 

2,550

 

 

2,539,112

 

Royal Oak Hospital Finance Authority
Michigan, Refunding RB, William
Beaumont Hospital:

 

 

 

 

 

 

 

8.00%, 9/01/29

 

 

2,000

 

 

2,393,460

 

8.25%, 9/01/39

 

 

6,365

 

 

7,600,319

 

 

 

 

 

 

 

 

 

 

 

 

 

20,839,773

 

Minnesota — 0.5%

 

 

 

 

 

 

 

City of Eden Prairie Minnesota, RB,
Rolling Hills Project, Series A (Ginnie
Mae):

 

 

 

 

 

 

 

6.00%, 8/20/21

 

 

420

 

 

448,123

 

6.20%, 2/20/43

 

 

2,000

 

 

2,121,680

 

City of Minneapolis Minnesota, HRB,
Gaar Scott Loft Project, Mandatory
Put Bonds, AMT, 5.95%, 5/01/30 (c)

 

 

885

 

 

888,930

 

 

 

 

 

 

 

 

 

 

 

 

 

3,458,733

 

Mississippi — 0.0%

 

 

 

 

 

 

 

University of Southern Mississippi, RB,
Campus Facilities Improvements
Project, 5.38%, 9/01/36

 

 

280

 

 

301,123

 

Montana — 0.7%

 

 

 

 

 

 

 

Montana Facility Finance Authority,
Refunding RB, Sisters of Leavenworth,
Series A, 4.75%, 1/01/40

 

 

4,585

 

 

4,598,663

 

New Hampshire — 0.5%

 

 

 

 

 

 

 

New Hampshire Health & Education
Facilities Authority, Refunding RB,
Elliot Hospital, Series B, 5.60%,
10/01/22

 

 

3,285

 

 

3,313,612

 

 

 

 

BLACKROCK MUNIYIELD FUND, INC.

JULY 31, 2010

3


 

 

 

 

Schedule of Investments (continued)

BlackRock MuniYield Fund, Inc. (MYD)

(Percentages shown are based on Net Assets)

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

New Jersey — 8.5%

 

 

 

 

 

 

 

New Jersey EDA, RB:

 

 

 

 

 

 

 

Cigarette Tax, 5.50%, 6/15/24

 

$

10,000

 

$

9,891,400

 

Continental Airlines Inc. Project,
AMT, 6.25%, 9/15/19

 

 

3,905

 

 

3,833,226

 

Continental Airlines Inc. Project,
AMT, 6.25%, 9/15/29

 

 

14,000

 

 

13,332,200

 

First Mortgage, Lions Gate Project,
Series A, 5.75%, 1/01/25

 

 

710

 

 

657,474

 

First Mortgage, Lions Gate Project,
Series A, 5.88%, 1/01/37

 

 

230

 

 

196,583

 

First Mortgage, Presbyterian
Homes, Series A, 6.38%, 11/01/31

 

 

3,000

 

 

2,792,850

 

Motor Vehicle Surcharge, Series A
(NPFGC), 5.00%, 7/01/29

 

 

16,650

 

 

16,838,145

 

New Jersey Health Care Facilities
Financing Authority, RB, Pascack
Valley Hospital Association (d)(e):

 

 

 

 

 

 

 

6.00%, 7/01/13

 

 

1,335

 

 

14

 

6.63%, 7/01/36

 

 

1,835

 

 

19

 

New Jersey Transportation Trust Fund
Authority, RB, CAB, Transportation
System, Series C (AMBAC), 5.05%,
12/15/35 (a)

 

 

13,110

 

 

2,939,393

 

Tobacco Settlement Financing Corp.
New Jersey, Refunding RB, Series 1A,
5.00%, 6/01/41

 

 

5,845

 

 

3,833,443

 

 

 

 

 

 

 

 

 

 

 

 

 

54,314,747

 

New York — 5.5%

 

 

 

 

 

 

 

City of Troy New York, Refunding RB,
Rensselaer Polytechnic, Series A,
5.13%, 9/01/40

 

 

2,755

 

 

2,799,356

 

Dutchess County Industrial
Development Agency New York,
Refunding RB, St. Francis Hospital,
Series A, 7.50%, 3/01/29

 

 

2,200

 

 

2,194,544

 

Metropolitan Transportation Authority,
Refunding RB, Series B, 5.00%,
11/15/34

 

 

4,910

 

 

5,166,842

 

New York City Industrial Development
Agency, RB, British Airways Plc
Project, AMT, 7.63%, 12/01/32

 

 

1,250

 

 

1,263,675

 

New York Liberty Development Corp.,
Refunding RB, Second Priority, Bank
of America Tower at One Bryant Park
Project, 6.38%, 7/15/49

 

 

2,480

 

 

2,591,798

 

Tobacco Settlement Financing Corp.
New York, RB, Asset-Backed,
Series B-1C, 5.50%, 6/01/21

 

 

6,525

 

 

7,139,720

 

Triborough Bridge & Tunnel Authority,
RB, Subordinate Bonds, 5.25%,
11/15/30

 

 

10,000

 

 

10,592,100

 

Westchester County Industrial
Development Agency New York,
MRB, Kendal on Hudson Project,
Series A, 6.38%, 1/01/24

 

 

3,450

 

 

3,435,027

 

 

 

 

 

 

 

 

 

 

 

 

 

35,183,062

 

North Carolina — 2.0%

 

 

 

 

 

 

 

North Carolina HFA, RB:

 

 

 

 

 

 

 

Home Ownership, Series 8A, AMT,
6.20%, 7/01/16

 

 

105

 

 

105,168

 

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

North Carolina (concluded)

 

 

 

 

 

 

 

North Carolina HFA, RB (concluded):

 

 

 

 

 

 

 

S/F, Series II (FHA), 6.20%,
3/01/16

 

$

480

 

$

481,118

 

North Carolina Medical Care
Commission, RB:

 

 

 

 

 

 

 

Duke University Health System,
Series A, 5.00%, 6/01/39

 

 

1,270

 

 

1,304,608

 

Duke University Health System,
Series A, 5.00%, 6/01/42

 

 

2,805

 

 

2,871,226

 

First Mortgage, Arbor Acres
Community Project, 6.38%,
3/01/12 (b)

 

 

1,000

 

 

1,099,630

 

North Carolina Medical Care
Commission, Refunding RB, First
Mortgage, Presbyterian Homes,
5.40%, 10/01/27

 

 

5,000

 

 

4,820,800

 

North Carolina Municipal Power Agency
No. 1 Catawba, Refunding RB,
Series A, 5.00%, 1/01/30

 

 

2,145

 

 

2,216,364

 

 

 

 

 

 

 

 

 

 

 

 

 

12,898,914

 

Ohio — 2.0%

 

 

 

 

 

 

 

Buckeye Tobacco Settlement Financing
Authority, RB, Asset-Backed,
Senior Series A-2, 6.50%, 6/01/47

 

 

7,460

 

 

5,785,379

 

County of Lucas Ohio, Refunding RB,
Sunset Retirement, Series A, 6.63%,
8/15/30

 

 

2,175

 

 

2,191,291

 

County of Montgomery Ohio, Refunding
RB, Catholic Healthcare, Series A,
5.00%, 5/01/39

 

 

2,840

 

 

2,939,514

 

Toledo-Lucas County Port Authority, RB,
St. Mary Woods Project, Series A:

 

 

 

 

 

 

 

6.00%, 5/15/24

 

 

750

 

 

541,125

 

6.00%, 5/15/34

 

 

2,250

 

 

1,390,050

 

 

 

 

 

 

 

 

 

 

 

 

 

12,847,359

 

Oregon — 0.3%

 

 

 

 

 

 

 

State of Oregon, GO, Refunding,
Veterans Welfare, Series 80A, 5.70%,
10/01/32

 

 

1,725

 

 

1,742,854

 

Pennsylvania — 4.8%

 

 

 

 

 

 

 

Allegheny County Hospital Development
Authority, Refunding RB, Health
System, West Penn, Series A, 5.38%,
11/15/40

 

 

4,395

 

 

3,262,496

 

Montgomery County Higher Education &
Health Authority, Refunding RB,
Abington Memorial Hospital, Series A,
5.13%, 6/01/33

 

 

2,365

 

 

2,368,997

 

Pennsylvania Economic Development
Financing Authority, RB:

 

 

 

 

 

 

 

Aqua Pennsylvania Inc. Project,
5.00%, 11/15/40

 

 

3,805

 

 

3,910,056

 

National Gypsum Co., Series A,
AMT, 6.25%, 11/01/27

 

 

5,270

 

 

4,557,601

 

Pennsylvania Higher Educational
Facilities Authority, Refunding RB,
Allegheny Delaware Valley Obligation,
Series C (NPFGC), 5.88%, 11/15/16

 

 

2,245

 

 

2,232,563

 

Pennsylvania Turnpike Commission,
RB, Sub-Series B, 5.25%, 6/01/39

 

 

12,905

 

 

13,290,214

 

 

 

 

4

BLACKROCK MUNIYIELD FUND, INC.

JULY 31, 2010


 

 

 

 

Schedule of Investments (continued)

BlackRock MuniYield Fund, Inc. (MYD)

(Percentages shown are based on Net Assets)

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

Pennsylvania (concluded)

 

 

 

 

 

 

 

Philadelphia Authority for Industrial
Development, RB, Commercial
Development, AMT, 7.75%, 12/01/17

 

$

1,265

 

$

1,266,493

 

 

 

 

 

 

 

 

 

 

 

 

 

30,888,420

 

Puerto Rico — 3.4%

 

 

 

 

 

 

 

Commonwealth of Puerto Rico, GO,
Refunding, Public Improvement,
Series C, 6.00%, 7/01/39

 

 

6,000

 

 

6,360,780

 

Puerto Rico Sales Tax Financing Corp.,
RB, First Sub-Series A, 6.50%,
8/01/44

 

 

10,120

 

 

11,217,413

 

Puerto Rico Sales Tax Financing Corp.,
Refunding RB, CAB (a):

 

 

 

 

 

 

 

First Sub-Series C, 6.61%, 8/01/38

 

 

15,000

 

 

2,447,700

 

Series A (AMBAC), 6.50%, 8/01/47

 

 

14,900

 

 

1,463,329

 

 

 

 

 

 

 

 

 

 

 

 

 

21,489,222

 

Rhode Island — 1.0%

 

 

 

 

 

 

 

Central Falls Detention Facility Corp.,
Refunding RB, 7.25%, 7/15/35

 

 

4,240

 

 

3,651,700

 

City of Woonsocket Rhode Island, GO
(NPFGC):

 

 

 

 

 

 

 

6.00%, 10/01/17

 

 

1,200

 

 

1,218,288

 

6.00%, 10/01/18

 

 

1,195

 

 

1,212,674

 

 

 

 

 

 

 

 

 

 

 

 

 

6,082,662

 

Tennessee — 0.8%

 

 

 

 

 

 

 

Hardeman County Correctional Facilities
Corp. Tennessee, RB, 7.75%,
8/01/17

 

 

3,235

 

 

3,108,900

 

Rutherford County Health & Educational
Facilities Board, RB, Ascension Health
Senior Credit Group, 5.00%,
11/15/40

 

 

2,065

 

 

2,117,327

 

 

 

 

 

 

 

 

 

 

 

 

 

5,226,227

 

Texas — 14.8%

 

 

 

 

 

 

 

Alliance Airport Authority Texas,
Refunding RB, American Airlines Inc.
Project, AMT, 5.75%, 12/01/29

 

 

3,500

 

 

2,654,225

 

Bexar County Housing Finance Corp.,
RB, Waters at Northern Hills
Apartments, Series A (NPFGC):

 

 

 

 

 

 

 

6.00%, 8/01/31

 

 

1,745

 

 

1,575,718

 

6.05%, 8/01/36

 

 

1,000

 

 

889,140

 

Brazos River Authority, Refunding RB,
TXU Electric Co. Project, Series C,
Mandatory Put Bonds, AMT, 5.75%,
5/01/36 (c)

 

 

6,285

 

 

5,988,285

 

City of Dallas Texas, Refunding RB,
5.00%, 10/01/35

 

 

3,060

 

 

3,263,368

 

City of Houston Texas, RB:

 

 

 

 

 

 

 

Senior Lien, Series A, 5.50%,
7/01/39

 

 

3,100

 

 

3,327,974

 

Special Facilities, Continental
Airlines, Series E, AMT, 7.38%,
7/01/22

 

 

3,500

 

 

3,529,435

 

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

Texas (concluded)

 

 

 

 

 

 

 

City of Houston Texas, RB (concluded):

 

 

 

 

 

 

 

Special Facilities, Continental
Airlines, Series E, AMT, 7.00%,
7/01/29

 

$

3,000

 

$

3,010,650

 

Dallas-Fort Worth International Airport
Facilities Improvement Corp.,
Refunding RB, American Airlines Inc.
Project, AMT, 5.50%, 11/01/30

 

 

12,500

 

 

9,146,875

 

Guadalupe-Blanco River Authority, RB,
E.I. du Pont de Nemours & Co. Project,
AMT, 6.40%, 4/01/26

 

 

5,000

 

 

5,004,300

 

Gulf Coast IDA, RB, Citgo Petroleum
Corp. Project, Mandatory Put Bonds,
AMT, 7.50%, 5/01/25 (c)

 

 

3,900

 

 

4,010,877

 

Houston Industrial Development Corp.,
RB, Senior, Air Cargo, AMT, 6.38%,
1/01/23

 

 

1,585

 

 

1,559,577

 

La Vernia Higher Education Finance
Corp., RB, KIPP Inc., 6.38%, 8/15/44

 

 

2,360

 

 

2,429,290

 

Matagorda County Navigation District
No. 1 Texas, Refunding RB, Central
Power & Light Co. Project, Series A,
6.30%, 11/01/29

 

 

4,320

 

 

4,713,379

 

North Texas Tollway Authority, RB, Toll,
2nd Tier, Series F, 6.13%, 1/01/31

 

 

12,140

 

 

12,940,754

 

San Antonio Energy Acquisition Public
Facility Corp., RB, Gas Supply, 5.50%,
8/01/25

 

 

6,365

 

 

6,622,910

 

Texas Private Activity Bond Surface
Transportation Corp., RB, Senior LIen:

 

 

 

 

 

 

 

LBJ Infrastructure, 7.00%, 6/30/40

 

 

8,730

 

 

9,082,255

 

Note Mobility, 6.88%, 12/31/39

 

 

7,820

 

 

8,116,065

 

Texas State Turnpike Authority, RB, First
Tier, Series A (AMBAC), 5.50%,
8/15/39

 

 

6,500

 

 

6,565,910

 

 

 

 

 

 

 

 

 

 

 

 

 

94,430,987

 

U.S. Virgin Islands — 1.0%

 

 

 

 

 

 

 

Virgin Islands Public Finance Authority,
RB, Senior Secured, Hovensa
Refinery, AMT, 6.13%, 7/01/22

 

 

6,250

 

 

6,322,438

 

Utah — 1.2%

 

 

 

 

 

 

 

City of Riverton Utah, RB, IHC Health
Services Inc., 5.00%, 8/15/41

 

 

7,310

 

 

7,480,688

 

Virginia — 2.9%

 

 

 

 

 

 

 

James City County EDA, RB, First
Mortgage, Williamsburg Lodge,
Series A:

 

 

 

 

 

 

 

5.35%, 9/01/26

 

 

1,500

 

 

1,422,420

 

5.50%, 9/01/34

 

 

2,000

 

 

1,775,820

 

Tobacco Settlement Financing Corp.
Virginia, Refunding RB, Senior
Series B1, 5.00%, 6/01/47

 

 

13,755

 

 

8,904,574

 

Virginia HDA, RB, Sub-Series H-1
(NPFGC), 5.35%, 7/01/31

 

 

5,775

 

 

5,822,124

 

Winchester IDA Virginia, RB,
Westminster-Canterbury, Series A,
5.20%, 1/01/27

 

 

1,000

 

 

958,400

 

 

 

 

 

 

 

 

 

 

 

 

 

18,883,338

 

 

 

 

BLACKROCK MUNIYIELD FUND, INC.

JULY 31, 2010

5


 

 

 

 

Schedule of Investments (continued)

BlackRock MuniYield Fund, Inc. (MYD)

(Percentages shown are based on Net Assets)

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

Washington — 0.3%

 

 

 

 

 

 

 

Vancouver Housing Authority
Washington, HRB, Teal Pointe
Apartments Project, AMT:

 

 

 

 

 

 

 

6.00%, 9/01/22

 

$

945

 

$

867,983

 

6.20%, 9/01/32

 

 

1,250

 

 

1,081,862

 

 

 

 

 

 

 

 

 

 

 

 

 

1,949,845

 

Wisconsin — 4.4%

 

 

 

 

 

 

 

City of Milwaukee Wisconsin, RB,
Senior, Air Cargo, AMT, 6.50%,
1/01/25

 

 

600

 

 

592,512

 

State of Wisconsin, Refunding RB,
Series A, 6.00%, 5/01/36

 

 

14,300

 

 

15,891,304

 

Wisconsin Health & Educational
Facilities Authority, RB, Ascension
Health Senior Credit Group, 5.00%,
11/15/33

 

 

4,970

 

 

5,055,036

 

Wisconsin Health & Educational
Facilities Authority, Refunding RB,
Franciscan Sisters Healthcare,
5.00%, 9/01/26

 

 

7,220

 

 

6,824,994

 

 

 

 

 

 

 

 

 

 

 

 

 

28,363,846

 

Wyoming — 1.9%

 

 

 

 

 

 

 

County of Sweetwater Wyoming,
Refunding RB, Idaho Power Co.
Project, 5.25%, 7/15/26

 

 

6,195

 

 

6,594,267

 

Wyoming Community Development
Authority, RB, Series 3, AMT, 4.75%,
12/01/37

 

 

5,315

 

 

5,226,718

 

Wyoming Municipal Power Agency, RB,
Series A, 5.00%, 1/01/42

 

 

595

 

 

597,410

 

 

 

 

 

 

 

 

 

 

 

 

 

12,418,395

 

Total Municipal Bonds – 118.3%

 

 

 

 

 

757,436,655

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Municipal Bonds Transferred to Tender
Option Bond Trusts (f)

 

 

 

 

 

 

 

Alabama — 0.7%

 

 

 

 

 

 

 

Alabama Special Care Facilities
Financing Authority-Birmingham,
Refunding RB, Ascension Health
Senior Credit, Series C-2, 5.00%,
11/15/36

 

 

4,538

 

 

4,616,252

 

California — 3.1%

 

 

 

 

 

 

 

Bay Area Toll Authority, Refunding RB,
San Francisco Bay Area, Series F-1,
5.63%, 4/01/44

 

 

6,581

 

 

7,196,204

 

California Educational Facilities
Authority, RB, University of Southern
California, Series A, 5.25%, 10/01/18

 

 

5,310

 

 

5,707,082

 

Los Angeles Community College District
California, GO, Election of 2001,
Series A (AGM), 5.00%, 8/01/32

 

 

4,650

 

 

4,771,458

 

San Diego Community College District
California, GO, Election of 2002,
5.25%, 8/01/33

 

 

2,154

 

 

2,295,542

 

 

 

 

 

 

 

 

 

 

 

 

 

19,970,286

 

 

 

 

 

 

 

 

 

Municipal Bonds Transferred to Tender
Option Bond Trusts (f)

 

Par
(000)

 

Value

 

Colorado — 2.7%

 

 

 

 

 

 

 

Colorado Health Facilities Authority,
RB, Catholic Health (AGM):

 

 

 

 

 

 

 

Series C-3, 5.10%, 10/01/41

 

$

7,490

 

$

7,589,842

 

Series C-7, 5.00%, 9/01/36

 

 

4,800

 

 

4,861,200

 

Colorado Health Facilities Authority,
Refunding RB, Catholic Healthcare,
Series A, 5.50%, 7/01/34

 

 

4,299

 

 

4,585,711

 

 

 

 

 

 

 

 

 

 

 

 

 

17,036,753

 

Connecticut — 3.0%

 

 

 

 

 

 

 

Connecticut State Health & Educational
Facility Authority, RB, Yale University:

 

 

 

 

 

 

 

Series T-1, 4.70%, 7/01/29

 

 

9,130

 

 

9,642,649

 

Series X-3, 4.85%, 7/01/37

 

 

9,270

 

 

9,672,411

 

 

 

 

 

 

 

 

 

 

 

 

 

19,315,060

 

Georgia — 1.1%

 

 

 

 

 

 

 

Private Colleges & Universities
Authority, Refunding RB, Emory
University, Series C, 5.00%, 9/01/38

 

 

6,398

 

 

6,750,115

 

New Hampshire — 0.7%

 

 

 

 

 

 

 

New Hampshire Health & Education
Facilities Authority, Refunding RB,
Dartmouth College, 5.25%, 6/01/39

 

 

4,048

 

 

4,412,029

 

New York — 3.3%

 

 

 

 

 

 

 

New York City Municipal Water Finance
Authority, RB, Series FF-2, 5.50%,
6/15/40

 

 

3,194

 

 

3,566,747

 

New York State Dormitory Authority,
ERB, Series F, 5.00%, 3/15/35

 

 

16,724

 

 

17,279,863

 

 

 

 

 

 

 

 

 

 

 

 

 

20,846,610

 

North Carolina — 3.6%

 

 

 

 

 

 

 

North Carolina Capital Facilities
Finance Agency, Refunding RB:

 

 

 

 

 

 

 

Duke University Project, Series A,
5.00%, 10/01/41

 

 

18,897

 

 

19,741,948

 

Wake Forest University, 5.00%,
1/01/38

 

 

3,120

 

 

3,313,565

 

 

 

 

 

 

 

 

 

 

 

 

 

23,055,513

 

Ohio — 4.6%

 

 

 

 

 

 

 

State of Ohio, Refunding RB, Cleveland
Clinic Health, Series A, 5.50%,
1/01/39

 

 

27,900

 

 

29,595,483

 

South Carolina — 2.8%

 

 

 

 

 

 

 

Charleston Educational Excellence
Finance Corp., RB, Charleston County
School (AGC):

 

 

 

 

 

 

 

5.25%, 12/01/28

 

 

7,795

 

 

8,201,197

 

5.25%, 12/01/29

 

 

6,920

 

 

7,243,510

 

5.25%, 12/01/30

 

 

2,510

 

 

2,617,604

 

 

 

 

 

 

 

 

 

 

 

 

 

18,062,311

 

Tennessee — 1.8%

 

 

 

 

 

 

 

Shelby County Health Educational &
Housing Facilities Board, Refunding
RB, St. Jude’s Children’s Research
Hospital, 5.00%, 7/01/31

 

 

11,240

 

 

11,694,658

 

 

 

 

6

BLACKROCK MUNIYIELD FUND, INC.

JULY 31, 2010


 

 

 

 

Schedule of Investments (concluded)

BlackRock MuniYield Fund, Inc. (MYD)

(Percentages shown are based on Net Assets)

 

 

 

 

 

 

 

 

Municipal Bonds Transferred to Tender
Option Bond Trusts (f)

 

Par
(000)

 

Value

 

Virginia — 8.7%

 

 

 

 

 

 

 

Fairfax County IDA Virginia, Refunding
RB, Health Care, Inova Health
System, Series A, 5.50%, 5/15/35

 

$

6,266

 

$

6,674,045

 

University of Virginia, Refunding RB,
General, 5.00%, 6/01/40

 

 

10,620

 

 

11,305,733

 

Virginia HDA, RB, Sub-Series H-1
(NPFGC), 5.38%, 7/01/36

 

 

30,930

 

 

31,542,414

 

Virginia Small Business Financing
Authority, Refunding RB, Sentara
Healthcare, 5.00%, 11/01/40

 

 

6,075

 

 

6,239,616

 

 

 

 

 

 

 

 

 

 

 

 

 

55,761,808

 

Washington — 0.9%

 

 

 

 

 

 

 

Central Puget Sound Regional Transit
Authority, RB, Series A (AGM), 5.00%,
11/01/32

 

 

5,384

 

 

5,702,331

 

Wisconsin — 1.8%

 

 

 

 

 

 

 

Wisconsin Health & Educational
Facilities Authority, Refunding RB,
Froedtert & Community Health Inc.,
5.25%, 04/01/39

 

 

11,457

 

 

11,786,037

 

Total Municipal Bonds Transferred to
Tender Option Bond Trusts – 38.8%

 

 

 

 

 

248,605,246

 

Total Long-Term Investments
(Cost – $983,904,114) – 157.1%

 

 

 

 

 

1,006,041,901

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Short-Term Securities

 

Shares

 

 

 

 

FFI Institutional Tax-Exempt Fund,
0.21% (g)(h)

 

 

2,960,686

 

 

2,960,686

 

Total Short-Term Securities
(Cost – $2,960,686) – 0.5%

 

 

 

 

 

2,960,686

 

Total Investments
(Cost – $986,864,800*) – 157.6%

 

 

 

 

 

1,009,002,587

 

Other Assets Less Liabilities – 1.2%

 

 

 

 

 

7,778,417

 

Liability for Trust Certificates, Including Interest
Expense and Fees Payable – (19.5)%

 

 

 

 

 

(125,208,717

)

Preferred Shares, at Redemption Value – (39.3)%

 

 

 

 

 

(251,486,515

)

 

 

 

 

 

 

Net Assets Applicable to Common Shares – 100.0%

 

 

 

 

$

640,085,772

 

 

 

 

 

 

 

 

 

*

The cost and unrealized appreciation (depreciation) of investments as of July 31, 2010, as computed for federal income tax purposes, were as follows:

 

 

 

 

 

Aggregate cost

 

$

863,019,618

 

 

 

 

Gross unrealized appreciation

 

$

41,037,002

 

Gross unrealized depreciation

 

 

(20,151,191

)

 

 

 

Net unrealized appreciation

 

$

20,885,811

 

 

 

 

 

 

(a)

Represents a zero-coupon bond. Rate shown reflects the current yield as of report date.

 

 

(b)

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.

 

 

(c)

Variable rate security. Rate shown is as of report date.

 

 

(d)

Issuer filed for bankruptcy and/or is in default of interest payments.

 

 

(e)

Non-income producing security.

 

 

(f)

Securities represent bonds transferred to a tender option bond trust in exchange for which the Fund acquired residual interest certificates. These securities serve as collateral in a financing transaction.

 

 

(g)

Investments in companies considered to be an affiliate of the Fund during the period, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, are as follows:


 

 

 

 

 

 

 

 

 

 

 

 

 

 

Affiliate

 

Shares Held
at April 30,
2010

 

Net Activity

 

Shares Held
at July 30,
2010

 

Income

 

FFI Institutional Tax-Exempt Fund

 

 

2,366,896

 

 

593,790

 

 

2,960,686

 

$

2,591

 

 

 

 

(h)

Represents the current yield as of report date.

 

 

 

•

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 assets and liabilities

 

 

 

 

•

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 methodologies 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 annual report.

 

 

 

The following table summarizes the inputs used as of July 31, 2010 in determining the fair valuation of the Fund’s investments:


 

 

 

 

 

 

 

 

 

 

 

 

 

 

Valuation Inputs

 

Level 1

 

Level 2

 

Level 3

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Long Term Investments1

 

 

—

 

$

1,006,041,901

 

 

—

 

$

1,006,041,901

 

Short-Term Securities

 

$

2,960,686

 

 

—

 

 

—

 

 

2,960,686

 

Total

 

$

2,960,686

 

$

1,006,041,901

 

 

—

 

$

1,009,002,587

 

 

 

 

 

 

1 See above Schedule of Investments for values in each state or political subdivision.

 

 

 

BLACKROCK MUNIYIELD FUND, INC.

JULY 31, 2010

7

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 13a-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 27, 2010
   
  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 27, 2010
   
  By: /s/ Neal J. Andrews  
    Neal J. Andrews
    Chief Financial Officer (principal financial officer) of
    BlackRock MuniYield Fund, Inc.
     
  Date: September 27, 2010