NPORT-EX 2 NPORT_8986_25699473_0925.htm EDGAR HTML
September 30, 2025
2025 Quarterly Report
(Unaudited)
BlackRock Corporate High Yield Fund, Inc. (HYT)
Not FDIC Insured • May Lose Value • No Bank Guarantee

Consolidated Schedule of Investments (unaudited)
September 30, 2025
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Asset-Backed Securities
Arcano Euro CLO II DAC, Series 2X, Class D, (3-mo.
EURIBOR + 3.30%), 0.00%, 07/25/39(a)(b)
EUR
100
$ 118,468
Arini European CLO V DAC, Series 5X, Class D, (3-mo.
EURIBOR + 2.80%), 5.17%, 01/15/39(a)(b)
 
100
117,379
Aurium CLO VII DAC, Series 7X, Class DR, (3-mo.
EURIBOR + 3.15%), 5.28%, 10/15/38(a)(b)
 
100
118,770
Aurium CLO XIII DAC, Series 13X, Class D, (3-mo.
EURIBOR + 2.80%), 5.17%, 04/15/38(a)(b)
 
100
117,124
Avoca CLO XVIII DAC, Series 18X, Class DR, (3-mo.
EURIBOR + 3.05%), 5.08%, 01/15/38(a)(b)
 
110
129,875
CIFC European Funding CLO I DAC, Series 1X,
Class DR, (3-mo. EURIBOR + 3.20%), 5.23%,
07/15/32(a)(b)
 
100
118,023
Contego CLO V DAC, Series 5X, Class DR, (3-mo.
EURIBOR + 3.10%), 5.13%, 10/15/37(a)(b)
 
100
118,187
CVC Cordatus Loan Fund XXII DAC, Series 22X,
Class D, (3-mo. EURIBOR + 3.15%), 5.16%,
12/15/34(a)(b)
 
100
117,863
Fidelity Grand Harbour CLO DAC, Series 2023-1X,
Class DR, (3-mo. EURIBOR + 2.70%), 4.74%,
02/15/38(a)(b)
 
100
116,778
Greene King Finance PLC(b)
 
Series 06, Class B2, (1-day SONIA GBP 2.20%),
6.19%, 03/15/36(a)
GBP
100
124,980
Series B1, (1-day SONIA GBP 1.92%), 5.91%,
12/15/34
 
100
123,058
Hambridge Euro CLO 1 DAC, Series 1X, Class D,
10/20/38(a)(b)(c)
EUR
100
117,405
Henley CLO XI DAC, Series 11X, Class D, (3-mo.
EURIBOR + 2.60%), 4.96%, 04/25/39(a)(b)
 
100
118,142
Rockfield Park CLO DAC, Series 1X, Class C, (3-mo.
EURIBOR + 3.00%), 5.04%, 07/16/34(a)(b)
 
100
118,019
Rockford Tower Europe CLO DAC, Series 2025-1X,
Class D, (3-mo. EURIBOR + 3.00%), 5.21%,
10/25/37(a)(b)
 
100
118,088
Signal Harmonic CLO I DAC, Series 1X, Class DR, (3-
mo. EURIBOR + 3.50%), 5.42%, 07/15/38(a)(b)
 
100
118,755
Sona Fios CLO III DAC, Series 3X, Class D, (3-mo.
EURIBOR + 3.25%), 5.27%, 04/20/37(a)(b)
 
110
130,523
Sona Fios CLO V DAC, Series 5X, Class D, (3-mo.
EURIBOR + 3.30%), 5.33%, 08/25/38(a)(b)
 
100
118,741
Unique Pub Finance Co. PLC, Series 02, Class N,
6.46%, 03/30/32(a)
GBP
106
149,209
Total Asset-Backed Securities — 0.1%
(Cost: $2,137,106)
2,309,387
 
 

Shares
 
Common Stocks
Electrical Equipment — 0.0%
SunPower Corp.(d)(e)
 
1,025
Energy Equipment & Services — 0.0%
Nine Energy Service, Inc.(e)
 
2,390
1,510
Health Care Providers & Services — 0.0%
Quorum Restructuring Equity(e)
 
19,441
14,581
Hotels, Restaurants & Leisure — 0.1%
Churchill Downs, Inc.
 
11,153
1,081,953
Metals & Mining — 0.2%
Constellium SE, Class A(e)
 
159,448
2,372,586
Security
 
Shares
Value
Oil, Gas & Consumable Fuels — 0.5%
Energy Transfer LP
 
223,894
$ 3,842,021
Enterprise Products Partners LP
 
93,254
2,916,053
MPLX LP
 
28,832
1,440,158
Plains All American Pipeline LP
 
11,612
198,101
Western Midstream Partners LP
 
6,903
271,219
 
 
8,667,552
Real Estate Management & Development — 0.0%
ADLER Group SA(d)(e)
 
83,768
1
Semiconductors & Semiconductor Equipment — 0.0%
Maxeon Solar Technologies Ltd.(e)
 
1
3
Specialized REITs — 0.2%
VICI Properties, Inc.
 
116,779
3,808,163
Total Common Stocks — 1.0%
(Cost: $15,342,688)
15,946,349
 
 
Par
(000)
 
Corporate Bonds
Advertising Agencies — 2.4%
Clear Channel Outdoor Holdings, Inc.(f)
 
7.75%, 04/15/28
USD
1,262
1,259,705
7.50%, 06/01/29
 
8,007
7,776,506
7.88%, 04/01/30
 
6,875
7,218,929
7.13%, 02/15/31
 
4,799
4,960,496
7.50%, 03/15/33
 
5,577
5,831,138
CMG Media Corp., 8.88%, 06/18/29(f)
 
887
814,638
Lamar Media Corp., 5.38%, 11/01/33(f)
 
1,138
1,129,629
Neptune Bidco U.S., Inc., 9.29%, 04/15/29(f)
 
3,365
3,303,387
Outfront Media Capital LLC/Outfront Media Capital
Corp.(f)
 
5.00%, 08/15/27
 
500
497,487
4.25%, 01/15/29
 
1,152
1,106,486
4.63%, 03/15/30
 
1,550
1,489,691
7.38%, 02/15/31
 
1,309
1,380,920
Stagwell Global LLC, 5.63%, 08/15/29(f)
 
553
537,195
Summer BC Holdco B SARL, 5.88%, 02/15/30(a)
EUR
100
114,671
 
 
37,420,878
Aerospace & Defense — 3.4%
AAR Escrow Issuer LLC, 6.75%, 03/15/29(f)
USD
469
482,800
ATI, Inc.
 
5.88%, 12/01/27
 
886
887,694
7.25%, 08/15/30
 
2,612
2,741,777
5.13%, 10/01/31
 
1,063
1,046,124
Bombardier, Inc.(f)
 
7.88%, 04/15/27
 
67
67,293
6.00%, 02/15/28
 
2,891
2,898,308
8.75%, 11/15/30
 
1,926
2,076,983
7.25%, 07/01/31
 
376
398,572
7.00%, 06/01/32
 
1,497
1,564,639
6.75%, 06/15/33
 
1,847
1,927,452
Czechoslovak Group A/S, 5.25%, 01/10/31(a)
EUR
125
152,627
Efesto Bidco SpA Efesto U.S. LLC, Series XR, 7.50%,
02/15/32(f)
USD
6,646
6,762,970
Goat Holdco LLC, 6.75%, 02/01/32(f)
 
1,177
1,206,425
Spirit AeroSystems, Inc.(f)
 
9.38%, 11/30/29
 
2,617
2,756,274
9.75%, 11/15/30
 
2,077
2,284,272
TransDigm, Inc.(f)
 
6.63%, 03/01/32
 
9,978
10,272,800
2

Consolidated Schedule of Investments (unaudited)(continued)
September 30, 2025
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Aerospace & Defense (continued)
TransDigm, Inc.(f)(continued)
 
6.00%, 01/15/33
USD
179
$ 180,984
6.38%, 05/31/33
 
7,863
7,951,403
6.25%, 01/31/34
 
1,066
1,096,295
6.75%, 01/31/34
 
7,521
7,776,406
 
 
54,532,098
Air Freight & Logistics(f) — 0.1%
Rand Parent LLC, 8.50%, 02/15/30
 
1,223
1,270,776
Stonepeak Nile Parent LLC, 7.25%, 03/15/32
 
423
445,433
 
 
1,716,209
Automobile Components — 1.7%
American Axle & Manufacturing, Inc.(c)(f)
 
10/15/32
 
820
818,615
10/15/33
 
857
863,681
Clarios Global LP/Clarios U.S. Finance Co.
 
6.75%, 05/15/28(f)
 
7,384
7,547,088
6.75%, 02/15/30(f)
 
1,960
2,024,700
4.75%, 06/15/31(f)
EUR
1,555
1,860,048
4.75%, 06/15/31(a)
 
110
131,579
6.75%, 09/15/32(f)
USD
3,610
3,689,998
Dana, Inc.
 
4.25%, 09/01/30
 
481
476,355
4.50%, 02/15/32
 
733
721,756
Forvia SE, 5.50%, 06/15/31(a)
EUR
115
138,817
Garrett Motion Holdings, Inc./Garrett LX I SARL, 7.75%,
05/31/32(f)
USD
766
803,536
Gestamp Automocion SA, 10/15/30(a)(c)
EUR
100
117,869
Goodyear Tire & Rubber Co.
 
6.63%, 07/15/30
USD
897
910,149
5.25%, 04/30/31
 
75
70,875
5.63%, 04/30/33
 
311
289,360
IHO Verwaltungs GmbH(a)(g)
 
(7.00% PIK), 7.00%, 11/15/31
EUR
100
127,085
(8.75% Cash or 9.50% PIK), 8.75%, 05/15/28
 
116
142,639
Mahle GmbH, 6.50%, 05/02/31(a)
 
206
250,357
Qnity Electronics, Inc.(f)
 
5.75%, 08/15/32
USD
1,533
1,544,692
6.25%, 08/15/33
 
1,190
1,215,211
Schaeffler AG(a)
 
4.25%, 04/01/28
EUR
100
119,329
5.38%, 04/01/31
 
100
122,936
Tenneco, Inc., 8.00%, 11/17/28(f)
USD
2,029
2,032,704
ZF Europe Finance BV, 7.00%, 06/12/30(a)
EUR
100
121,870
ZF Finance GmbH(a)
 
2.00%, 05/06/27
 
200
228,349
2.75%, 05/25/27
 
100
114,970
 
 
26,484,568
Automobiles — 1.9%
Asbury Automotive Group, Inc., 5.00%, 02/15/32(f)
USD
306
293,831
Aston Martin Capital Holdings Ltd.
 
10.00%, 03/31/29(f)
 
767
750,936
10.38%, 03/31/29(a)
GBP
104
136,001
Carvana Co.(f)(g)
 
(9.00% PIK), 9.00%, 06/01/30
USD
3,641
3,809,487
(9.00% PIK), 9.00%, 06/01/31
 
7,575
8,576,318
Cougar JV Subsidiary LLC, 8.00%, 05/15/32(f)
 
1,059
1,125,927
Global Auto Holdings Ltd./AAG FH U.K. Ltd., 11.50%,
08/15/29(f)
 
639
674,145
Group 1 Automotive, Inc., 6.38%, 01/15/30(f)
 
775
792,851
Ken Garff Automotive LLC, 4.88%, 09/15/28(f)
 
381
373,036
Security
 
Par
(000)
Value
Automobiles (continued)
LCM Investments Holdings II LLC(f)
 
4.88%, 05/01/29
USD
805
$ 788,701
8.25%, 08/01/31
 
1,298
1,372,770
Lithia Motors, Inc., 5.50%, 10/01/30(f)
 
948
946,815
Nissan Motor Acceptance Co. LLC, 6.13%, 09/30/30(f)
 
2,430
2,430,830
Nissan Motor Co. Ltd.
 
5.25%, 07/17/29(a)
EUR
109
130,419
7.75%, 07/17/32(f)
USD
1,126
1,191,604
6.38%, 07/17/33(f)
EUR
795
960,954
6.38%, 07/17/33(a)
 
100
120,875
8.13%, 07/17/35(f)
USD
3,545
3,805,540
RCI Banque SA(a)(b)
 
(5-year EURIBOR ICE Swap + 2.20%), 4.75%,
03/24/37
EUR
100
119,454
(5-year EURIBOR ICE Swap + 2.75%), 5.50%,
10/09/34
 
100
123,496
Renault SA, 3.88%, 09/30/30(a)
 
100
117,227
Rivian Holdings LLC/Rivian LLC/Rivian Automotive LLC,
10.00%, 01/15/31(f)
USD
1,269
1,181,306
Wabash National Corp., 4.50%, 10/15/28(f)
 
681
631,843
 
 
30,454,366
Banks — 0.5%
Abanca Corp. Bancaria SA, (5-year EURIBOR ICE
Swap + 2.45%), 4.63%, 12/11/36(a)(b)
EUR
100
120,900
Banca Monte dei Paschi di Siena SpA, (5-year
EURIBOR ICE Swap + 2.15%), 4.38%, 10/02/35(a)(b)
 
200
239,459
Banco Bilbao Vizcaya Argentaria SA, (5-year EUR Swap
+ 4.27%), 6.88%(a)(b)(h)
 
200
253,496
Banco Espirito Santo SA(e)(i)
 
4.75%, 01/15/22
 
1,900
490,753
4.00%, 01/21/22
 
1,100
284,120
CaixaBank SA, (5-year EURIBOR ICE Swap + 3.94%),
6.25%(a)(b)(h)
 
200
245,636
Eurobank Ergasias Services and Holdings SA, (5-year
EURIBOR ICE Swap + 2.00%), 4.25%, 04/30/35(a)(b)
 
100
118,185
First-Citizens Bank & Trust Co., 6.00%, 04/01/36
USD
3,261
3,343,657
National Bank of Greece SA, (5-year EURIBOR ICE
Swap + 3.15%), 5.88%, 06/28/35(a)(b)
EUR
175
221,028
Toronto-Dominion Bank, (5-year CMT + 2.98%), 7.25%,
07/31/84(b)
USD
2,046
2,153,395
Walker & Dunlop, Inc., 6.63%, 04/01/33(f)
 
1,235
1,262,969
 
 
8,733,598
Building Materials — 3.4%
AmeriTex HoldCo Intermediate LLC, 7.63%, 08/15/33(f)
 
1,222
1,271,844
Builders FirstSource, Inc.(f)
 
6.38%, 03/01/34
 
819
843,657
6.75%, 05/15/35
 
2,262
2,361,828
CP Atlas Buyer, Inc., 9.75%, 07/15/30(f)
 
373
390,643
EMRLD Borrower LP/Emerald Co-Issuer, Inc.
 
6.38%, 12/15/30(f)
EUR
840
1,030,320
6.38%, 12/15/30(a)
 
200
245,314
6.63%, 12/15/30(f)
USD
14,187
14,583,512
6.75%, 07/15/31(f)
 
1,027
1,066,698
HT Troplast GmbH, 9.38%, 07/15/28(a)
EUR
124
152,041
Jeld-Wen, Inc.(f)
 
4.88%, 12/15/27
USD
2,293
2,237,640
7.00%, 09/01/32
 
1,044
881,635
JH North America Holdings, Inc.(f)
 
5.88%, 01/31/31
 
1,303
1,322,955
6.13%, 07/31/32
 
1,257
1,287,512
New Enterprise Stone & Lime Co., Inc.(f)
 
5.25%, 07/15/28
 
435
430,986
Consolidated Schedule of Investments
3

Consolidated Schedule of Investments (unaudited)(continued)
September 30, 2025
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Building Materials (continued)
New Enterprise Stone & Lime Co., Inc.(f)(continued)
 
9.75%, 07/15/28
USD
1,074
$ 1,076,384
Quikrete Holdings, Inc.(f)
 
6.38%, 03/01/32
 
6,577
6,812,746
6.75%, 03/01/33
 
1,920
1,996,212
Smyrna Ready Mix Concrete LLC(f)
 
6.00%, 11/01/28
 
1,644
1,644,523
8.88%, 11/15/31
 
1,138
1,201,663
Standard Building Solutions, Inc.(f)
 
6.50%, 08/15/32
 
3,006
3,084,219
6.25%, 08/01/33
 
3,437
3,483,005
Standard Industries, Inc.
 
2.25%, 11/21/26(a)
EUR
375
436,612
3.38%, 01/15/31(f)
USD
4,044
3,662,117
Wilsonart LLC, 11.00%, 08/15/32(f)
 
1,810
1,761,942
 
 
53,266,008
Building Products(f) — 1.0%
Foundation Building Materials, Inc., 6.00%, 03/01/29
 
89
90,211
Park River Holdings, Inc., 03/15/31(c)
 
898
909,382
QXO Building Products, Inc., 6.75%, 04/30/32
 
5,352
5,541,440
White Cap Buyer LLC, 6.88%, 10/15/28
 
8,805
8,778,845
 
 
15,319,878
Capital Markets — 1.6%
Apollo Debt Solutions BDC
 
5.88%, 08/30/30(f)
 
894
909,687
6.70%, 07/29/31
 
745
789,559
6.55%, 03/15/32(f)
 
207
217,223
ARES Strategic Income Fund(f)
 
5.80%, 09/09/30
 
1,005
1,021,294
5.15%, 01/15/31
 
973
961,413
Bain Capital Specialty Finance, Inc., 5.95%, 03/15/30
 
315
316,611
Blackstone Private Credit Fund, 6.00%, 11/22/34
 
2,937
3,007,626
Blue Owl Capital Corp., 6.20%, 07/15/30
 
2,275
2,339,386
Blue Owl Capital Corp. II, 8.45%, 11/15/26
 
545
564,598
Blue Owl Technology Finance Corp., 6.75%, 04/04/29
 
300
309,514
Compass Group Diversified Holdings LLC, 5.25%,
04/15/29(f)
 
1,149
1,061,255
Focus Financial Partners LLC, 6.75%, 09/15/31(f)
 
1,667
1,707,205
HA Sustainable Infrastructure Capital, Inc., 6.38%,
07/01/34
 
962
979,054
HAT Holdings I LLC/HAT Holdings II LLC, 8.00%,
06/15/27(f)
 
286
297,750
Icahn Enterprises LP/Icahn Enterprises Finance Corp.
 
5.25%, 05/15/27
 
4,260
4,187,351
9.75%, 01/15/29
 
876
884,103
4.38%, 02/01/29
 
1,179
1,017,724
10.00%, 11/15/29(f)
 
1,518
1,524,706
Jane Street Group/JSG Finance, Inc.(f)
 
6.13%, 11/01/32
 
416
421,641
6.75%, 05/01/33
 
716
743,662
Lehman Brothers Holdings, Inc.(e)(i)
 
5.38%, 10/17/18
EUR
350
1,233
4.75%, 01/16/19
 
1,890
6,657
Osaic Holdings, Inc.(f)
 
6.75%, 08/01/32
USD
697
719,887
8.00%, 08/01/33
 
1,169
1,211,548
 
 
25,200,687
Chemicals — 3.3%
Advancion Sciences, Inc., (9.25% Cash or 10.00% PIK),
9.25%, 11/01/26(f)(g)
 
1,638
1,450,073
Avient Corp., 6.25%, 11/01/31(f)
 
927
941,390
Security
 
Par
(000)
Value
Chemicals (continued)
Celanese U.S. Holdings LLC, 6.75%, 04/15/33
USD
990
$ 985,823
Chemours Co.
 
5.38%, 05/15/27
 
1,878
1,876,448
5.75%, 11/15/28(f)
 
2,642
2,576,940
8.00%, 01/15/33(f)
 
861
856,406
FIS Fabbrica Italiana Sintetici SpA, 5.63%, 08/01/27(a)
EUR
100
118,293
Herens Holdco SARL, 4.75%, 05/15/28(f)
USD
2,679
2,347,043
Ingevity Corp., 3.88%, 11/01/28(f)
 
494
474,649
Inversion Escrow Issuer LLC, 6.75%, 08/01/32(f)
 
2,891
2,847,964
Itelyum Regeneration SpA, 5.75%, 04/15/30(a)
EUR
100
119,447
Kronos International, Inc.(a)
 
9.50%, 03/15/29
 
170
210,331
Series SEP, 9.50%, 03/15/29
 
100
123,724
Lune Holdings SARL, 5.63%, 11/15/28(a)
 
125
45,331
Mativ Holdings, Inc., 8.00%, 10/01/29(f)
USD
823
814,819
Methanex U.S. Operations, Inc., 6.25%, 03/15/32(f)
 
775
788,538
Olympus Water U.S. Holding Corp.
 
9.63%, 11/15/28(a)
EUR
179
220,415
9.75%, 11/15/28(f)
USD
4,174
4,380,613
5.38%, 10/01/29(a)
EUR
100
111,349
6.25%, 10/01/29(f)
USD
1,600
1,553,593
7.25%, 06/15/31(f)
 
3,949
4,003,398
02/15/33(a)(c)
EUR
100
117,685
02/15/33(c)(f)
USD
5,167
5,172,382
SK Invictus Intermediate II SARL, 5.00%, 10/30/29(f)
 
3,950
3,866,092
Solstice Advanced Materials, Inc., 5.63%, 09/30/33(f)
 
2,248
2,255,427
WR Grace Holdings LLC(f)
 
4.88%, 06/15/27
 
162
160,995
5.63%, 08/15/29
 
8,156
7,580,984
7.38%, 03/01/31
 
3,532
3,601,965
6.63%, 08/15/32
 
3,208
3,172,006
 
 
52,774,123
Commercial Services & Supplies — 5.7%
ADT Security Corp.(f)
 
4.88%, 07/15/32
 
617
597,531
10/15/33(c)
 
2,463
2,463,000
Albion Financing 1 SARL/Aggreko Holdings, Inc.
 
5.38%, 05/21/30(a)
EUR
100
121,792
7.00%, 05/21/30(f)
USD
2,596
2,685,043
Allied Universal Holdco LLC, 7.88%, 02/15/31(f)
 
10,484
10,992,429
Allied Universal Holdco LLC/Allied Universal Finance
Corp.(f)
 
6.00%, 06/01/29
 
6,537
6,426,223
6.88%, 06/15/30
 
4,000
4,111,320
Allied Universal Holdco LLC/Allied Universal Finance
Corp./Atlas Luxco 4 SARL
 
4.63%, 06/01/28(f)
 
5,240
5,136,588
4.88%, 06/01/28(a)
GBP
300
394,436
BCP V Modular Services Finance II PLC(a)
 
4.75%, 11/30/28
EUR
200
224,787
6.13%, 11/30/28
GBP
100
125,558
6.50%, 07/10/31
EUR
100
109,762
Boels Topholding BV(a)
 
6.25%, 02/15/29
 
107
129,729
5.75%, 05/15/30
 
100
121,765
Brinks Co., 6.75%, 06/15/32(f)
USD
1,208
1,256,495
Deluxe Corp., 8.13%, 09/15/29(f)
 
639
667,254
EC Finance PLC, 3.25%, 10/15/26(a)
EUR
109
125,403
EquipmentShare.com, Inc., 8.00%, 03/15/33(f)
USD
677
723,538
FTAI Aviation Investors LLC(f)
 
5.50%, 05/01/28
 
4,130
4,130,657
7.88%, 12/01/30
 
3,628
3,855,283
4

Consolidated Schedule of Investments (unaudited)(continued)
September 30, 2025
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Commercial Services & Supplies (continued)
FTAI Aviation Investors LLC(f)(continued)
 
7.00%, 05/01/31
USD
5,157
$ 5,394,521
7.00%, 06/15/32
 
2,920
3,055,844
5.88%, 04/15/33
 
2,249
2,263,106
Garda World Security Corp.(f)
 
4.63%, 02/15/27
 
1,132
1,123,411
7.75%, 02/15/28
 
2,366
2,425,396
6.00%, 06/01/29
 
302
299,410
8.25%, 08/01/32
 
2,749
2,849,594
8.38%, 11/15/32
 
6,398
6,641,295
Herc Holdings, Inc.(f)
 
7.00%, 06/15/30
 
2,120
2,202,099
7.25%, 06/15/33
 
1,076
1,123,239
Hertz Corp., 12.63%, 07/15/29(f)
 
760
805,712
ION Platform Finance SARL, 09/30/30(c)
EUR
100
117,405
Kapla Holding SAS(a)
 
5.00%, 04/30/31
 
100
118,633
(3-mo. EURIBOR + 3.50%), 5.51%, 07/31/30(b)
 
100
117,866
Loxam SAS(a)
 
6.38%, 05/15/28
 
115
139,385
6.38%, 05/31/29
 
91
110,538
4.25%, 02/15/31
 
100
117,452
Pachelbel Bidco SpA(a)
 
7.13%, 05/17/31
 
100
126,495
(3-mo. EURIBOR + 4.25%), 6.27%, 05/17/31(b)
 
100
118,281
Prime Security Services Borrower LLC/Prime Finance,
Inc., 6.25%, 01/15/28(f)
USD
3,405
3,402,018
RR Donnelley & Sons Co., 9.50%, 08/01/29(f)
 
3,259
3,340,035
Sothebys, 7.38%, 10/15/27(f)
 
5,001
4,986,907
Sothebys/Bidfair Holdings, Inc., 5.88%, 06/01/29(f)
 
978
891,135
Verisure Holding AB(a)
 
3.88%, 07/15/26
EUR
140
164,269
9.25%, 10/15/27
 
80
96,338
7.13%, 02/01/28
 
100
121,358
Veritiv Operating Co., 10.50%, 11/30/30(f)
USD
819
878,974
Wand NewCo 3, Inc., 7.63%, 01/30/32(f)
 
2,092
2,204,173
 
 
89,633,482
Communications Equipment(f) — 0.3%
CommScope LLC, 4.75%, 09/01/29
 
4,757
4,726,460
Viavi Solutions, Inc., 3.75%, 10/01/29
 
528
497,814
 
 
5,224,274
Construction & Engineering — 0.6%
AECOM, 6.00%, 08/01/33(f)
 
3,852
3,938,246
Arcosa, Inc., 6.88%, 08/15/32(f)
 
144
150,407
Brand Industrial Services, Inc., 10.38%, 08/01/30(f)
 
4,619
4,604,279
Heathrow Finance PLC, 6.63%, 03/01/31(a)
GBP
100
135,133
 
 
8,828,065
Consumer Discretionary — 0.9%
Amber Finco PLC, 6.63%, 07/15/29(a)
EUR
165
203,609
APCOA Group GmbH, 6.00%, 04/15/31(a)
 
150
178,322
APi Group DE, Inc., 4.75%, 10/15/29(f)
USD
1,283
1,257,738
Arena Luxembourg Finance SARL, (3-mo. EURIBOR +
2.50%), 4.52%, 05/01/30(a)(b)
EUR
100
118,132
Clarivate Science Holdings Corp., 4.88%, 07/01/29(f)
USD
4,464
4,218,608
Currenta Group Holdings SARL, (3-mo. EURIBOR +
4.00%), 6.04%, 05/15/32(a)(b)
EUR
100
118,337
Raven Acquisition Holdings LLC, 6.88%, 11/15/31(f)
USD
2,198
2,258,814
Security
 
Par
(000)
Value
Consumer Discretionary (continued)
Williams Scotsman, Inc.(f)
 
6.63%, 06/15/29
USD
200
$ 204,571
6.63%, 04/15/30
 
1,691
1,740,487
7.38%, 10/01/31
 
3,156
3,295,943
 
 
13,594,561
Consumer Finance — 2.5%
Block, Inc.(f)
 
5.63%, 08/15/30
 
1,889
1,913,893
6.00%, 08/15/33
 
2,905
2,974,836
Boost Newco Borrower LLC, 7.50%, 01/15/31(f)
 
5,245
5,564,389
Bread Financial Holdings, Inc., (5-year CMT + 4.30%),
8.38%, 06/15/35(b)(f)
 
224
230,012
ION Platform Finance U.S., Inc., 09/30/32(c)(f)
 
5,395
5,362,123
Navient Corp.
 
9.38%, 07/25/30
 
626
691,898
7.88%, 06/15/32
 
1,274
1,340,577
OneMain Finance Corp.
 
6.63%, 05/15/29
 
1,432
1,471,911
5.38%, 11/15/29
 
1,200
1,186,395
7.88%, 03/15/30
 
1,538
1,627,442
6.13%, 05/15/30
 
1,803
1,825,871
4.00%, 09/15/30
 
451
419,230
7.50%, 05/15/31
 
575
601,083
7.13%, 11/15/31
 
527
546,490
6.75%, 03/15/32
 
1,693
1,724,356
7.13%, 09/15/32
 
1,239
1,279,934
6.50%, 03/15/33
 
2,346
2,349,707
Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc.
 
6.75%, 08/15/32(f)
 
4,762
4,923,389
5.50%, 05/15/33(f)
EUR
1,445
1,766,490
5.50%, 05/15/33(a)
 
100
122,248
WEX, Inc., 6.50%, 03/15/33(f)
USD
2,219
2,266,227
Worldline SA(a)
 
0.00%, 07/30/26(j)(k)
EUR
10
11,083
0.88%, 06/30/27
 
100
98,887
 
 
40,298,471
Consumer Staples Distribution & Retail — 0.5%
Albertsons Cos., Inc./Safeway, Inc./New Albertsons
LP/Albertsons LLC, 6.25%, 03/15/33(f)
USD
983
1,005,314
B&M European Value Retail SA, 6.50%, 11/27/31(a)
GBP
100
136,252
Bellis Acquisition Co. PLC(a)
 
8.13%, 05/14/30
 
128
164,742
8.00%, 07/01/31
EUR
200
238,303
Boots Group Finco LP
 
5.38%, 08/31/32(f)
 
1,980
2,391,464
5.38%, 08/31/32(a)
 
100
120,781
7.38%, 08/31/32(f)
GBP
865
1,185,119
KeHE Distributors LLC/KeHE Finance Corp./NextWave
Distribution, Inc., 9.00%, 02/15/29(f)
USD
850
894,330
Lion/Polaris Lux 4 SA, (3-mo. EURIBOR + 3.63%),
5.64%, 07/01/29(a)(b)
EUR
200
237,424
Market Bidco Finco PLC, 6.75%, 01/31/31(a)
 
105
121,732
Ocado Group PLC, 11.00%, 06/15/30(a)
GBP
100
135,122
Performance Food Group, Inc., 4.25%, 08/01/29(f)
USD
45
43,712
United Natural Foods, Inc., 6.75%, 10/15/28(f)
 
1,122
1,121,911
 
 
7,796,206
Consolidated Schedule of Investments
5

Consolidated Schedule of Investments (unaudited)(continued)
September 30, 2025
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Containers & Packaging — 4.1%
Ahlstrom Holding 3 OY, 3.63%, 02/04/28(a)
EUR
109
$ 126,848
Ardagh Metal Packaging Finance USA LLC/Ardagh
Metal Packaging Finance PLC
 
6.00%, 06/15/27(f)
USD
2,341
2,340,435
3.25%, 09/01/28(f)
 
1,508
1,432,627
3.00%, 09/01/29(a)
EUR
464
502,219
4.00%, 09/01/29(f)
USD
6,715
6,214,844
Ardagh Packaging Finance PLC/Ardagh Holdings USA,
Inc.
 
2.13%, 08/15/26(a)
EUR
1,470
1,679,138
4.13%, 08/15/26(d)(f)
 
3,678
3,530,880
Ball Corp.
 
4.25%, 07/01/32
EUR
875
1,050,734
5.50%, 09/15/33
USD
1,083
1,094,641
Clydesdale Acquisition Holdings, Inc.(f)
 
6.63%, 04/15/29
 
2,900
2,933,034
6.88%, 01/15/30
 
2,288
2,347,052
8.75%, 04/15/30
 
2,153
2,211,654
6.75%, 04/15/32
 
4,610
4,729,215
Crown Americas LLC, 5.88%, 06/01/33(f)
 
2,925
2,954,575
Fedrigoni SpA, 6.13%, 06/15/31(a)
EUR
100
116,702
Graphic Packaging International LLC, 2.63%,
02/01/29(a)
 
456
518,326
Kleopatra Finco SARL, 4.25%, 03/01/26(a)
 
100
66,089
LABL, Inc.(f)
 
5.88%, 11/01/28
USD
376
291,327
9.50%, 11/01/28
 
2,653
2,253,824
8.63%, 10/01/31
 
1,593
1,170,272
Magnera Corp., 7.25%, 11/15/31(f)
 
688
647,394
Mauser Packaging Solutions Holding Co.(f)
 
7.88%, 04/15/27
 
17,673
17,846,248
9.25%, 04/15/27
 
1,237
1,239,830
OI European Group BV
 
6.25%, 05/15/28(f)
EUR
394
477,418
6.25%, 05/15/28(a)
 
100
121,172
5.25%, 06/01/29(a)
 
100
120,847
Owens-Brockway Glass Container, Inc., 6.63%,
05/13/27(f)
USD
211
210,610
Sappi Papier Holding GmbH, 4.50%, 03/15/32(a)
EUR
115
133,187
Sealed Air Corp.(f)
 
4.00%, 12/01/27
USD
404
396,482
6.50%, 07/15/32
 
648
671,139
Sealed Air Corp./Sealed Air Corp. U.S., 7.25%,
02/15/31(f)
 
87
91,291
Silgan Holdings, Inc., 4.25%, 02/15/31(f)
EUR
1,670
1,968,574
Trivium Packaging Finance BV
 
6.63%, 07/15/30(a)
 
500
617,089
6.63%, 07/15/30(f)
 
445
549,209
8.25%, 07/15/30(f)
USD
995
1,061,410
12.25%, 01/15/31(f)
 
553
598,535
 
 
64,314,871
Distributors(f) — 0.2%
Gates Corp./DE, 6.88%, 07/01/29
 
1,519
1,576,190
Resideo Funding, Inc.
 
4.00%, 09/01/29
 
290
277,011
6.50%, 07/15/32
 
1,918
1,965,768
 
 
3,818,969
Diversified Consumer Services — 0.0%
La Financiere Atalian SAS, (3.50% Cash and 5.00%
PIK), 8.50%, 06/30/28(g)
EUR
155
63,710
Security
 
Par
(000)
Value
Diversified REITs — 1.3%
Digital Realty Trust LP, 1.88%, 11/15/29(f)(j)
USD
422
$ 443,100
Global Net Lease, Inc./Global Net Lease Operating
Partnership LP, 3.75%, 12/15/27(f)
 
590
572,656
Iron Mountain Information Management Services, Inc.,
5.00%, 07/15/32(f)
 
776
747,708
Iron Mountain, Inc.
 
5.25%, 07/15/30(f)
 
122
120,654
5.63%, 07/15/32(f)
 
3,252
3,234,641
6.25%, 01/15/33(f)
 
1,312
1,338,260
4.75%, 01/15/34(f)
EUR
1,165
1,370,786
4.75%, 01/15/34(a)
 
100
117,664
Millrose Properties, Inc.(f)
 
6.38%, 08/01/30
USD
2,994
3,044,868
6.25%, 09/15/32
 
1,518
1,521,967
Uniti Group LP/Uniti Group Finance 2019, Inc./CSL
Capital LLC, 10.50%, 02/15/28(f)
 
7,828
8,244,450
 
 
20,756,754
Diversified Telecommunication Services — 6.5%
Altice Financing SA(f)
 
5.00%, 01/15/28
 
3,474
2,701,035
5.75%, 08/15/29
 
600
451,500
Connect Finco SARL/Connect U.S. Finco LLC, 9.00%,
09/15/29(f)
 
800
841,124
EchoStar Corp.
 
(6.75% PIK), 6.75%, 11/30/30(g)
 
11,397
11,750,048
10.75%, 11/30/29
 
4,613
5,075,616
eircom Finance DAC, 5.00%, 04/30/31(a)
EUR
160
192,408
Eutelsat SA(a)
 
1.50%, 10/13/28
 
100
110,064
9.75%, 04/13/29
 
100
126,753
Fibercop SpA
 
4.75%, 06/30/30(a)
 
102
121,638
5.13%, 06/30/32(a)
 
100
119,332
6.00%, 09/30/34(f)
USD
2,917
2,780,373
7.20%, 07/18/36(f)
 
1,468
1,478,831
Series 2033, 6.38%, 11/15/33(f)
 
803
796,960
Frontier Communications Holdings LLC
 
5.88%, 10/15/27(f)
 
251
250,848
5.00%, 05/01/28(f)
 
345
344,224
6.75%, 05/01/29(f)
 
611
617,095
5.88%, 11/01/29
 
910
919,114
6.00%, 01/15/30(f)
 
1,055
1,067,410
8.75%, 05/15/30(f)
 
12,902
13,478,010
8.63%, 03/15/31(f)
 
1,334
1,406,384
Kaixo Bondco Telecom SA, 5.13%, 09/30/29(a)
EUR
100
118,836
Level 3 Financing, Inc.(f)
 
3.63%, 01/15/29
USD
343
296,850
4.88%, 06/15/29
 
4,905
4,611,190
4.50%, 04/01/30
 
2,636
2,408,906
3.88%, 10/15/30
 
715
624,262
4.00%, 04/15/31
 
304
261,447
6.88%, 06/30/33
 
10,765
10,971,982
7.00%, 03/31/34
 
10,182
10,358,241
Lorca Telecom Bondco SA(a)
 
4.00%, 09/18/27
EUR
174
204,268
5.75%, 04/30/29
 
196
239,483
Lumen Technologies, Inc.(f)
 
4.13%, 04/15/30
USD
841
824,131
10.00%, 10/15/32
 
1,155
1,167,984
Maya SAS/Paris France
 
7.00%, 10/15/28(f)
 
828
841,273
5.38%, 04/15/30(a)
EUR
169
202,652
6

Consolidated Schedule of Investments (unaudited)(continued)
September 30, 2025
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Diversified Telecommunication Services (continued)
Maya SAS/Paris France(continued)
 
6.88%, 04/15/31(a)
EUR
101
$ 125,958
8.50%, 04/15/31(f)
USD
2,625
2,815,294
7.00%, 04/15/32(f)
 
2,781
2,836,075
Sable International Finance Ltd., 7.13%, 10/15/32(f)
 
2,418
2,449,494
SES SA, 4.88%, 06/24/33(a)
EUR
100
122,238
SoftBank Group Corp.(a)
 
5.38%, 01/08/29
 
148
179,998
5.25%, 10/10/29
 
100
121,057
5.88%, 07/10/31
 
100
123,682
3.88%, 07/06/32
 
190
212,327
TalkTalk Telecom Group Ltd., (8.25% PIK), 8.25%,
09/01/27(a)(g)
GBP
55
54,337
Telecom Italia Capital SA, 7.72%, 06/04/38
USD
2,045
2,265,435
Windstream Services LLC, 10/15/33(c)(f)
 
1,911
1,910,484
Windstream Services LLC/Windstream Escrow Finance
Corp., 8.25%, 10/01/31(f)
 
6,717
6,957,982
Zayo Group Holdings, Inc.(c)(f)
 
03/09/30
 
3,678
3,521,546
09/09/30
 
1,400
1,326,110
 
 
102,782,289
Electric Utilities — 1.2%
Alpha Generation LLC, 6.75%, 10/15/32(f)
 
1,671
1,724,957
California Buyer Ltd./Atlantica Sustainable Infrastructure
PLC
 
5.63%, 02/15/32(a)
EUR
106
129,515
6.38%, 02/15/32(f)
USD
988
1,012,632
ContourGlobal Power Holdings SA
 
5.00%, 02/28/30(a)
EUR
100
120,180
6.75%, 02/28/30(f)
USD
2,613
2,714,228
Edison International, Series A, (5-year CMT + 4.70%),
5.38%(b)(h)
 
2,353
2,284,457
EDP SA, (5-year EUR Swap + 2.38%), 1.88%,
08/02/81(a)(b)
EUR
200
232,617
NextEra Energy Capital Holdings, Inc., (5-year CMT +
2.46%), 6.75%, 06/15/54(b)
USD
757
813,571
Pike Corp., 8.63%, 01/31/31(f)
 
461
494,536
Public Power Corp. SA, 4.63%, 10/31/31(a)
EUR
100
120,915
Vistra Operations Co. LLC(f)
 
7.75%, 10/15/31
USD
1,707
1,806,334
6.88%, 04/15/32
 
1,756
1,836,560
XPLR Infrastructure Operating Partners LP, 8.38%,
01/15/31(f)
 
5,300
5,554,400
 
 
18,844,902
Electronic Equipment, Instruments & Components(f) — 0.3%
Sensata Technologies, Inc., 6.63%, 07/15/32
 
1,981
2,049,895
WESCO Distribution, Inc.
 
6.63%, 03/15/32
 
800
831,376
6.38%, 03/15/33
 
1,031
1,068,764
Zebra Technologies Corp., 6.50%, 06/01/32
 
591
607,002
 
 
4,557,037
Energy Equipment & Services — 1.6%
Archrock Partners LP/Archrock Partners Finance Corp.(f)
 
6.88%, 04/01/27
 
1,223
1,223,056
6.25%, 04/01/28
 
560
560,775
6.63%, 09/01/32
 
2,256
2,314,164
Enerflex Ltd., 9.00%, 10/15/27(f)
 
475
483,634
Kodiak Gas Services LLC(f)
 
7.25%, 02/15/29
 
2,606
2,704,155
6.50%, 10/01/33
 
1,706
1,737,008
6.75%, 10/01/35
 
1,321
1,356,345
Oceaneering International, Inc., 6.00%, 02/01/28
 
369
373,564
Security
 
Par
(000)
Value
Energy Equipment & Services (continued)
OEG Finance PLC, 7.25%, 09/27/29(a)
EUR
200
$ 245,418
Star Holding LLC, 8.75%, 08/01/31(f)
USD
1,289
1,278,951
Tidewater, Inc., 9.13%, 07/15/30(f)
 
1,127
1,208,651
USA Compression Partners LP/USA Compression
Finance Corp.
 
6.88%, 09/01/27
 
1,112
1,111,750
7.13%, 03/15/29(f)
 
1,817
1,873,916
6.25%, 10/01/33(f)
 
3,055
3,066,686
Weatherford International Ltd.(f)
 
8.63%, 04/30/30
 
2,603
2,660,919
10/15/33(c)
 
2,729
2,730,898
 
 
24,929,890
Entertainment — 0.3%
Allwyn Entertainment Financing U.K. PLC, 7.25%,
04/30/30(a)
EUR
90
110,816
Flutter Treasury DAC
 
4.00%, 06/04/31(a)
 
101
118,828
5.88%, 06/04/31(f)
USD
2,307
2,341,651
Lottomatica Group SpA(a)
 
4.88%, 01/31/31
EUR
100
120,973
(3-mo. EURIBOR + 3.25%), 5.30%, 06/01/31(b)
 
100
118,104
Scientific Games Holdings LP/Scientific Games
U.S. FinCo, Inc., 6.63%, 03/01/30(f)
USD
1,917
1,782,260
 
 
4,592,632
Environmental, Maintenance & Security Service — 0.9%
GFL Environmental, Inc., 6.75%, 01/15/31(f)
 
173
181,031
Luna 1.5 SARL(g)
 
(10.50% PIK), 10.50%, 07/01/32(f)
EUR
585
711,734
(10.50% PIK), 10.50%, 07/01/32(a)
 
100
121,664
Madison IAQ LLC, 5.88%, 06/30/29(f)
USD
3,815
3,768,839
Reworld Holding Corp., 4.88%, 12/01/29(f)
 
2,689
2,528,917
Waste Pro USA, Inc., 7.00%, 02/01/33(f)
 
5,773
5,979,656
Wrangler Holdco Corp., 6.63%, 04/01/32(f)
 
752
784,110
 
 
14,075,951
Financial Services — 3.1%
Azorra Finance Ltd.(f)
 
7.75%, 04/15/30
 
2,259
2,369,126
7.25%, 01/15/31
 
621
646,642
Bracken MidCo1 PLC, (6.75% PIK), 6.75%,
11/01/27(a)(g)
GBP
100
133,963
CrossCountry Intermediate HoldCo LLC, 6.50%,
10/01/30(f)
USD
1,340
1,344,931
Deutsche Bank AG, (5-year EURIBOR ICE Swap +
5.26%), 8.13%(a)(b)(h)
EUR
200
256,434
Encore Issuances SA, Series 155, (3-mo. EURIBOR +
10.00%), 12.05%, 11/06/25(b)
 
12
13,552
Freedom Mortgage Holdings LLC(f)
 
9.25%, 02/01/29
USD
862
906,975
9.13%, 05/15/31
 
1,491
1,585,756
8.38%, 04/01/32
 
1,008
1,056,535
Garfunkelux Holdco 3 SA, 9.00%, 09/01/28(a)
EUR
85
101,616
GGAM Finance Ltd.(f)
 
8.00%, 06/15/28
USD
442
467,837
6.88%, 04/15/29
 
1,248
1,294,190
Global Aircraft Leasing Co. Ltd., 8.75%, 09/01/27(f)
 
1,913
1,972,533
Jefferies Finance LLC/JFIN Co-Issuer Corp.(f)
 
5.00%, 08/15/28
 
1,479
1,428,987
6.63%, 10/15/31
 
409
411,723
Lehman Brothers Holdings, Inc.(e)(i)
 
1.00%, 02/05/19
EUR
3,950
13,912
1.00%, 09/22/19
USD
430
387
1.00%, 12/31/49
 
1,535
1,382
Consolidated Schedule of Investments
7

Consolidated Schedule of Investments (unaudited)(continued)
September 30, 2025
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Financial Services (continued)
Midcap Financial Issuer Trust(f)
 
6.50%, 05/01/28
USD
1,978
$ 1,964,453
5.63%, 01/15/30
 
1,600
1,508,656
Nationstar Mortgage Holdings, Inc.(f)
 
6.00%, 01/15/27
 
2
2,000
6.50%, 08/01/29
 
2,646
2,714,500
5.13%, 12/15/30
 
433
436,810
5.75%, 11/15/31
 
1,505
1,520,807
7.13%, 02/01/32
 
3,608
3,766,041
PennyMac Financial Services, Inc.(f)
 
7.88%, 12/15/29
 
981
1,041,132
7.13%, 11/15/30
 
777
809,061
6.88%, 05/15/32
 
1,584
1,641,336
6.75%, 02/15/34
 
902
920,118
Phoenix Aviation Capital Ltd., 9.25%, 07/15/30(f)
 
2,368
2,519,348
PRA Group Europe Holding II SARL, 6.25%, 09/30/32(a)
EUR
154
178,137
Progroup AG, 5.38%, 04/15/31(a)
 
100
118,546
ProGroup AG, 5.13%, 04/15/29(a)
 
100
119,500
Rocket Cos., Inc.(f)
 
6.13%, 08/01/30
USD
6,513
6,684,422
6.38%, 08/01/33
 
5,438
5,612,636
Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc.(f)
 
3.88%, 03/01/31
 
225
210,115
4.00%, 10/15/33
 
142
129,686
Stena International SA, 7.25%, 01/15/31(f)
 
200
203,904
Titanium 2l Bondco SARL, (6.25% PIK), 6.25%,
01/14/31(g)
EUR
548
166,330
UWM Holdings LLC(f)
 
6.63%, 02/01/30
USD
1,954
1,987,771
6.25%, 03/15/31
 
967
962,395
 
 
49,224,185
Food Products — 1.2%
B&G Foods, Inc., 8.00%, 09/15/28(f)
 
452
437,948
Chobani Holdco II LLC, (8.75% in Cash or 9.5% in PIK),
8.75%, 10/01/29(f)(g)
 
7,053
7,474,369
Chobani LLC/Chobani Finance Corp., Inc., 7.63%,
07/01/29(f)
 
5,914
6,166,806
Darling Global Finance BV
 
4.50%, 07/15/32(f)
EUR
990
1,173,500
4.50%, 07/15/32(a)
 
100
118,535
Fiesta Purchaser, Inc.(f)
 
7.88%, 03/01/31
USD
104
109,755
9.63%, 09/15/32
 
450
485,816
Froneri Lux FinCo SARL, 4.75%, 08/01/32(a)
EUR
100
118,439
Irca SpA/Gallarate, (3-mo. EURIBOR + 3.75%), 5.76%,
12/15/29(a)(b)
 
104
122,981
Post Holdings, Inc.(f)
 
4.50%, 09/15/31
USD
215
200,864
6.38%, 03/01/33
 
1,550
1,564,429
6.25%, 10/15/34
 
183
184,523
Premier Foods Finance PLC, 3.50%, 10/15/26(a)
GBP
100
133,242
Simmons Foods, Inc./Simmons Prepared Foods,
Inc./Simmons Pet Food, Inc./Simmons Feed, 4.63%,
03/01/29(f)
USD
393
376,757
Tereos Finance Groupe I SA, 7.25%, 04/15/28(a)
EUR
100
120,799
 
 
18,788,763
Ground Transportation — 0.1%
Watco Cos. LLC/Watco Finance Corp., 7.13%,
08/01/32(f)
USD
1,136
1,175,840
Health Care Equipment & Supplies — 0.6%
Avantor Funding, Inc.(a)
 
2.63%, 11/01/25
EUR
203
237,864
Security
 
Par
(000)
Value
Health Care Equipment & Supplies (continued)
Avantor Funding, Inc.(a)(continued)
 
3.88%, 07/15/28
EUR
100
$ 117,182
Bausch & Lomb Corp., 8.38%, 10/01/28(f)
USD
6,265
6,529,304
Insulet Corp., 6.50%, 04/01/33(f)
 
1,316
1,368,156
Neogen Food Safety Corp., 8.63%, 07/20/30(f)
 
899
940,101
 
 
9,192,607
Health Care Providers & Services — 4.0%
Acadia Healthcare Co., Inc., 7.38%, 03/15/33(f)
 
1,017
1,055,838
AHP Health Partners, Inc., 5.75%, 07/15/29(f)
 
2,104
2,070,643
CHS/Community Health Systems, Inc.(f)
 
6.00%, 01/15/29
 
2,513
2,439,218
5.25%, 05/15/30
 
4,839
4,377,573
4.75%, 02/15/31
 
2,683
2,320,120
10.88%, 01/15/32
 
2,499
2,646,683
9.75%, 01/15/34
 
4,752
4,868,424
Clariane SE, 7.88%, 06/27/30(a)
EUR
100
120,625
Concentra Health Services, Inc., 6.88%, 07/15/32(f)
USD
2,252
2,338,436
DaVita, Inc.(f)
 
6.88%, 09/01/32
 
681
703,498
6.75%, 07/15/33
 
918
946,640
Ephios Subco 3 SARL, 7.88%, 01/31/31(a)
EUR
118
147,483
Fortrea Holdings, Inc., 7.50%, 07/01/30(f)
USD
500
473,470
HAH Group Holding Co. LLC, 9.75%, 10/01/31(f)
 
1,616
1,535,327
IQVIA, Inc.
 
1.75%, 03/15/26(a)
EUR
330
385,103
2.25%, 03/15/29(a)
 
100
113,426
6.25%, 06/01/32(f)
USD
4,888
5,025,553
LifePoint Health, Inc.(f)
 
9.88%, 08/15/30
 
231
250,159
11.00%, 10/15/30
 
2,861
3,153,271
8.38%, 02/15/32
 
3,458
3,685,219
10.00%, 06/01/32
 
1,578
1,656,835
Medline Borrower LP, 5.25%, 10/01/29(f)
 
7,075
7,013,824
Medline Borrower LP/Medline Co-Issuer, Inc., 6.25%,
04/01/29(f)
 
363
372,222
Mehilainen Yhtiot OYJ, 5.13%, 06/30/32(a)
EUR
100
119,895
Molina Healthcare, Inc., 6.25%, 01/15/33(f)
USD
1,285
1,299,275
Prime Healthcare Services, Inc., 9.38%, 09/01/29(f)
 
390
405,600
Sotera Health Holdings LLC, 7.38%, 06/01/31(f)
 
996
1,045,818
Star Parent, Inc., 9.00%, 10/01/30(f)
 
4,127
4,363,036
Surgery Center Holdings, Inc., 7.25%, 04/15/32(f)
 
5,247
5,389,960
U.S. Acute Care Solutions LLC, 9.75%, 05/15/29(f)
 
2,284
2,338,776
 
 
62,661,950
Health Care REITs — 0.5%
Diversified Healthcare Trust, 7.25%, 10/15/30(f)
 
729
740,904
MPT Operating Partnership LP/MPT Finance Corp.
 
7.00%, 02/15/32(f)
EUR
1,425
1,748,184
7.00%, 02/15/32(a)
 
152
186,473
8.50%, 02/15/32(f)
USD
4,784
5,083,297
 
 
7,758,858
Hotel & Resort REITs — 1.4%
Park Intermediate Holdings LLC/PK Domestic Property
LLC/PK Finance Co-Issuer, 7.00%, 02/01/30(f)
 
1,878
1,936,019
Pebblebrook Hotel LP/PEB Finance Corp., 6.38%,
10/15/29(f)
 
606
615,035
RHP Hotel Properties LP/RHP Finance Corp.(f)
 
6.50%, 04/01/32
 
5,475
5,628,795
6.50%, 06/15/33
 
1,478
1,522,177
RLJ Lodging Trust LP, 4.00%, 09/15/29(f)
 
749
707,292
Service Properties Trust
 
0.00%, 09/30/27(f)(k)
 
1,434
1,264,114
8.63%, 11/15/31(f)
 
6,051
6,442,463
8

Consolidated Schedule of Investments (unaudited)(continued)
September 30, 2025
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Hotel & Resort REITs (continued)
Service Properties Trust(continued)
 
8.88%, 06/15/32
USD
3,191
$ 3,208,930
XHR LP, 6.63%, 05/15/30(f)
 
592
608,264
 
 
21,933,089
Hotels, Restaurants & Leisure — 6.9%
Banijay Entertainment SAS, 7.00%, 05/01/29(a)
EUR
113
137,548
Bertrand Franchise Finance SAS, (3-mo. EURIBOR +
3.75%), 5.99%, 07/18/30(a)(b)
 
120
134,706
Boyne USA, Inc., 4.75%, 05/15/29(f)
USD
1,869
1,833,664
Burger King (Restaurant Brands International Inc.)/New
Red Finance, Inc., 5.63%, 09/15/29(f)
 
630
637,576
Caesars Entertainment, Inc.(f)
 
4.63%, 10/15/29
 
456
436,043
7.00%, 02/15/30
 
6,340
6,521,371
6.50%, 02/15/32
 
3,143
3,205,822
Carnival Corp.(f)
 
5.88%, 06/15/31
 
1,206
1,235,840
5.75%, 08/01/32
 
1,146
1,166,259
6.13%, 02/15/33
 
3,766
3,860,286
Carnival PLC, 4.13%, 07/15/31(f)
EUR
2,155
2,561,233
Churchill Downs, Inc.(f)
 
5.75%, 04/01/30
USD
1,065
1,064,040
6.75%, 05/01/31
 
10,273
10,528,337
Cirsa Finance International SARL, 6.50%, 03/15/29(a)
EUR
100
122,268
Essendi SA(a)
 
5.50%, 11/15/31
 
108
130,568
(3-mo. EURIBOR + 3.75%), 5.79%, 05/15/32(b)
 
100
118,412
Fertitta Entertainment LLC/Fertitta Entertainment
Finance Co., Inc.(f)
 
4.63%, 01/15/29
USD
4,391
4,179,082
6.75%, 01/15/30
 
671
629,688
Great Canadian Gaming Corp./Raptor LLC, 8.75%,
11/15/29(f)
 
1,987
1,964,818
Hilton Domestic Operating Co., Inc., 5.75%, 09/15/33(f)
 
798
808,653
Light & Wonder International, Inc.(f)
 
7.25%, 11/15/29
 
241
247,355
7.50%, 09/01/31
 
474
492,940
6.25%, 10/01/33
 
1,325
1,327,252
Lindblad Expeditions LLC, 7.00%, 09/15/30(f)
 
1,781
1,815,355
MajorDrive Holdings IV LLC, 6.38%, 06/01/29(f)
 
1,446
1,184,959
Melco Resorts Finance Ltd.(f)
 
5.63%, 07/17/27
 
200
199,950
5.75%, 07/21/28
 
600
599,700
5.38%, 12/04/29
 
2,083
2,034,987
7.63%, 04/17/32
 
1,534
1,606,865
6.50%, 09/24/33
 
270
271,342
Merlin Entertainments Group U.S. Holdings, Inc., 7.38%,
02/15/31(f)
 
2,000
1,723,404
MGM China Holdings Ltd., 7.13%, 06/26/31(f)
 
474
500,070
MGM Resorts International, 6.13%, 09/15/29
 
1,998
2,033,559
Midwest Gaming Borrower LLC/Midwest Gaming
Finance Corp., 4.88%, 05/01/29(f)
 
578
561,874
Mohegan Tribal Gaming Authority/MS Digital
Entertainment Holdings LLC, 8.25%, 04/15/30(f)
 
1,384
1,438,031
Motion Finco SARL, 7.38%, 06/15/30(a)
EUR
100
105,762
NCL Corp. Ltd.(f)
 
5.88%, 01/15/31
USD
2,397
2,396,910
6.75%, 02/01/32
 
1,832
1,884,087
6.25%, 09/15/33
 
3,818
3,837,761
Pinewood Finco PLC(a)
 
3.63%, 11/15/27
GBP
100
130,441
6.00%, 03/27/30
 
181
244,830
Security
 
Par
(000)
Value
Hotels, Restaurants & Leisure (continued)
Premier Entertainment Sub LLC/Premier Entertainment
Finance Corp.(f)
 
5.63%, 09/01/29
USD
1,188
$ 641,520
5.88%, 09/01/31
 
262
135,078
Rivers Enterprise Borrower LLC/Rivers Enterprise
Finance Corp., 6.63%, 02/01/33(f)
 
903
915,041
Rivers Enterprise Lender LLC/Rivers Enterprise Lender
Corp., 10/15/30(c)(f)
 
807
814,196
Sabre GLBL, Inc.(f)
 
8.63%, 06/01/27
 
715
725,239
10.75%, 11/15/29
 
2,092
2,021,706
11.13%, 07/15/30
 
2,112
2,045,366
Starz Capital Holdings 1, Inc., 6.00%, 04/15/30(f)
 
1,076
1,020,414
Station Casinos LLC(f)
 
4.63%, 12/01/31
 
2,431
2,293,199
6.63%, 03/15/32
 
889
913,220
Stonegate Pub Co. Financing PLC, (3-mo. EURIBOR +
6.63%), 8.66%, 07/31/29(a)(b)
EUR
100
115,698
TUI AG, 5.88%, 03/15/29(a)
 
120
146,367
TUI Cruises GmbH, 5.00%, 05/15/30(a)
 
106
127,771
Vail Resorts, Inc., 5.63%, 07/15/30(f)
USD
1,122
1,129,012
Viking Cruises Ltd.(f)
 
5.88%, 09/15/27
 
1,436
1,436,551
7.00%, 02/15/29
 
269
270,359
9.13%, 07/15/31
 
3,246
3,483,997
10/15/33(c)
 
3,297
3,299,314
Voyager Parent LLC, 9.25%, 07/01/32(f)
 
1,652
1,746,974
Warnermedia Holdings, Inc., 5.05%, 03/15/42
 
10,375
8,282,570
Wynn Macau Ltd.(f)
 
5.50%, 10/01/27
 
200
199,900
5.63%, 08/26/28
 
5,107
5,096,837
4.50%, 03/07/29(j)
 
200
215,400
5.13%, 12/15/29
 
1,358
1,328,328
Wynn Resorts Finance LLC/Wynn Resorts Capital
Corp.(f)
 
5.13%, 10/01/29
 
1,719
1,721,651
7.13%, 02/15/31
 
2,105
2,265,708
6.25%, 03/15/33
 
252
255,901
 
 
108,560,965
Household Durables — 1.3%
Ashton Woods USA LLC/Ashton Woods Finance Co.(f)
 
4.63%, 04/01/30
 
636
602,088
6.88%, 08/01/33
 
758
764,501
Beazer Homes USA, Inc., 5.88%, 10/15/27
 
306
305,809
Brookfield Residential Properties, Inc./Brookfield
Residential U.S. LLC, 5.00%, 06/15/29(f)
 
1,154
1,099,731
Century Communities, Inc., 6.63%, 09/15/33(f)
 
947
955,295
Dream Finders Homes, Inc., 8.25%, 08/15/28(f)
 
607
629,735
Empire Communities Corp., 9.75%, 05/01/29(f)
 
257
269,470
K Hovnanian Enterprises, Inc.(f)
 
8.00%, 04/01/31
 
1,637
1,678,634
8.38%, 10/01/33
 
1,785
1,830,075
LGI Homes, Inc.(f)
 
8.75%, 12/15/28
 
453
475,568
7.00%, 11/15/32
 
1,305
1,274,235
Meritage Homes Corp., 1.75%, 05/15/28(j)
 
2,135
2,185,092
New Home Co., Inc., 9.25%, 10/01/29(f)
 
1,145
1,202,289
Newell Brands, Inc., 8.50%, 06/01/28(f)
 
1,485
1,570,738
Scotts Miracle-Gro Co.
 
4.50%, 10/15/29
 
229
222,486
4.38%, 02/01/32
 
1,696
1,565,940
Somnigroup International, Inc., 3.88%, 10/15/31(f)
 
1,434
1,313,361
Consolidated Schedule of Investments
9

Consolidated Schedule of Investments (unaudited)(continued)
September 30, 2025
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Household Durables (continued)
STL Holding Co. LLC, 8.75%, 02/15/29(f)
USD
618
$ 647,612
Whirlpool Corp.
 
6.13%, 06/15/30
 
481
484,767
6.50%, 06/15/33
 
1,006
1,003,929
 
 
20,081,355
Independent Power and Renewable Electricity Producers(f) — 2.0%
Calpine Corp.
 
4.50%, 02/15/28
 
41
40,827
4.63%, 02/01/29
 
2,297
2,274,428
Clearway Energy Operating LLC, 3.75%, 01/15/32
 
53
47,575
Lightning Power LLC, 7.25%, 08/15/32
 
609
644,758
NRG Energy, Inc.
 
5.75%, 07/15/29
 
1,231
1,232,473
6.00%, 02/01/33
 
3,898
3,958,696
01/15/34(c)
 
3,288
3,284,644
6.25%, 11/01/34
 
3,303
3,385,875
01/15/36(c)
 
8,769
8,770,259
Vistra Corp., (5-year CMT + 6.93%), 8.00%(b)(h)
 
994
1,016,721
XPLR Infrastructure LP(j)
 
0.00%, 11/15/25(k)
 
3,512
3,485,660
2.50%, 06/15/26
 
3,214
3,133,650
 
 
31,275,566
Industrial Conglomerates — 0.2%
Amsted Industries, Inc., 6.38%, 03/15/33(f)
 
1,134
1,163,915
Axon Enterprise, Inc., 6.25%, 03/15/33(f)
 
630
648,456
Enpro, Inc., 6.13%, 06/01/33(f)
 
876
895,310
Maxam Prill SARL, 6.00%, 07/15/30(a)
EUR
154
183,555
 
 
2,891,236
Insurance — 7.7%
Acrisure LLC/Acrisure Finance, Inc., 6.75%, 07/01/32(f)
USD
652
671,354
Alliant Holdings Intermediate LLC/Alliant Holdings Co-
Issuer(f)
 
6.75%, 10/15/27
 
6,867
6,881,792
6.75%, 04/15/28
 
1,904
1,937,748
5.88%, 11/01/29
 
4,674
4,649,626
7.00%, 01/15/31
 
4,898
5,060,752
7.38%, 10/01/32
 
7,319
7,541,735
AmWINS Group, Inc., 4.88%, 06/30/29(f)
 
878
853,320
Amynta Agency Borrower, Inc. and Amynta Warranty
Borrower, Inc., 7.50%, 07/15/33(f)
 
1,855
1,898,863
APH Somerset Investor 2 LLC/APH2 Somerset Investor
2 LLC/APH3 Somerset Investor 2 LLC, 7.88%,
11/01/29(f)
 
1,293
1,349,401
Ardonagh Finco Ltd.
 
6.88%, 02/15/31(a)
EUR
1,289
1,564,230
7.75%, 02/15/31(f)
USD
7,009
7,334,141
Ardonagh Group Finance Ltd., 8.88%, 02/15/32(f)
 
6,836
7,186,648
Howden U.K. Refinance PLC/Howden U.K. Refinance
2 PLC/Howden U.S. Refinance LLC(f)
 
7.25%, 02/15/31
 
8,235
8,478,517
8.13%, 02/15/32
 
4,075
4,227,804
HUB International Ltd.(f)
 
7.25%, 06/15/30
 
17,624
18,380,160
7.38%, 01/31/32
 
20,576
21,426,591
Jones Deslauriers Insurance Management, Inc.(f)
 
8.50%, 03/15/30
 
2,854
2,998,441
6.88%, 10/01/33
 
1,923
1,912,920
Nassau Cos., of New York, 7.88%, 07/15/30(f)
 
528
539,254
Security
 
Par
(000)
Value
Insurance (continued)
Panther Escrow Issuer LLC, 7.13%, 06/01/31(f)
USD
13,111
$ 13,636,987
Unipol Assicurazioni SpA, 4.90%, 05/23/34(a)
EUR
100
123,629
USI, Inc., 7.50%, 01/15/32(f)
USD
2,420
2,537,802
 
 
121,191,715
Interactive Media & Services — 0.3%
iliad SA(a)
 
5.38%, 02/15/29
EUR
100
123,938
5.63%, 02/15/30
 
100
126,057
4.25%, 01/09/32
 
100
118,042
Snap, Inc.(f)
 
6.88%, 03/01/33
USD
3,239
3,310,578
6.88%, 03/15/34
 
1,651
1,671,029
United Group BV, 4.00%, 11/15/27(a)
EUR
32
37,102
 
 
5,386,746
Internet Software & Services — 1.0%
Acuris Finance U.S., Inc./Acuris Finance SARL(f)
 
5.00%, 05/01/28
USD
2,232
2,169,227
9.00%, 08/01/29
 
776
810,920
ANGI Group LLC, 3.88%, 08/15/28(f)
 
869
816,730
Cablevision Lightpath LLC(f)
 
3.88%, 09/15/27
 
600
582,505
5.63%, 09/15/28
 
1,201
1,181,393
Engineering - Ingegneria Informatica - SpA, 11.13%,
05/15/28(a)
EUR
122
152,634
Getty Images, Inc., 11.25%, 02/21/30(f)
USD
931
889,040
ION Trading Technologies SARL, 9.50%, 05/30/29(f)
 
757
799,524
Match Group Holdings II LLC(f)
 
4.63%, 06/01/28
 
2,149
2,111,025
4.13%, 08/01/30
 
872
823,597
3.63%, 10/01/31
 
723
655,272
6.13%, 09/15/33
 
1,891
1,907,612
Rakuten Group, Inc.(f)
 
11.25%, 02/15/27
 
1,108
1,200,900
9.75%, 04/15/29
 
2,200
2,473,823
 
 
16,574,202
IT Services — 1.4%
Almaviva-The Italian Innovation Co. SpA, 5.00%,
10/30/30(a)
EUR
162
193,208
Amentum Holdings, Inc., 7.25%, 08/01/32(f)
USD
1,301
1,350,914
Atos SE(a)(l)
 
5.20%, 12/18/30
EUR
237
262,497
1.04%, 12/18/32
 
152
91,908
9.36%, 12/18/29
 
197
266,777
CA Magnum Holdings, 5.38%, 10/31/26(f)
USD
3,306
3,289,883
CACI International, Inc., 6.38%, 06/15/33(f)
 
1,847
1,905,274
Cedacri SpA, (3-mo. EURIBOR + 5.50%), 7.54%,
05/15/28(a)(b)
EUR
100
118,610
Fair Isaac Corp., 6.00%, 05/15/33(f)
USD
6,342
6,420,915
Fortress Intermediate 3, Inc., 7.50%, 06/01/31(f)
 
2,815
2,947,420
KBR, Inc., 4.75%, 09/30/28(f)
 
1,213
1,199,621
McAfee Corp., 7.38%, 02/15/30(f)
 
2,071
1,921,042
Oracle Corp.
 
5.95%, 09/26/55
 
575
573,231
6.10%, 09/26/65
 
865
863,407
Science Applications International Corp., 5.88%,
11/01/33(f)
 
1,280
1,280,397
 
 
22,685,104
10

Consolidated Schedule of Investments (unaudited)(continued)
September 30, 2025
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Leisure Products(a) — 0.0%
Deuce Finco PLC, 5.50%, 06/15/27
GBP
100
$ 134,239
Dometic Group AB, 5.00%, 09/11/30
EUR
100
117,837
Pinnacle Bidco PLC
 
8.25%, 10/11/28
 
100
123,020
10.00%, 10/11/28
GBP
100
141,891
 
 
516,987
Machinery — 1.3%
Chart Industries, Inc.(f)
 
7.50%, 01/01/30
USD
3,377
3,514,562
9.50%, 01/01/31
 
537
575,319
GrafTech Global Enterprises, Inc., 9.88%, 12/23/29(f)
 
646
550,715
Husky Injection Molding Systems Ltd./Titan Co-Borrower
LLC, 9.00%, 02/15/29(f)
 
4,449
4,650,054
IMA Industria Macchine Automatiche SpA(a)
 
3.75%, 01/15/28
EUR
100
116,935
(3-mo. EURIBOR + 3.75%), 5.78%, 04/15/29(b)
 
200
236,984
Manitowoc Co., Inc., 9.25%, 10/01/31(f)
USD
668
700,874
Terex Corp.(f)
 
5.00%, 05/15/29
 
130
128,024
6.25%, 10/15/32
 
1,013
1,031,939
TK Elevator Midco GmbH, 4.38%, 07/15/27(a)
EUR
992
1,165,965
TK Elevator U.S. Newco, Inc., 5.25%, 07/15/27(f)
USD
8,479
8,449,021
 
 
21,120,392
Media — 6.4%
Allwyn Entertainment Financing U.K. PLC, 4.13%,
02/15/31(a)
EUR
100
114,035
Cable One, Inc.(j)
 
0.00%, 03/15/26(k)
USD
475
462,652
1.13%, 03/15/28
 
2,038
1,739,433
CCO Holdings LLC/CCO Holdings Capital Corp.
 
5.38%, 06/01/29(f)
 
91
90,393
4.75%, 03/01/30(f)
 
553
530,641
4.25%, 02/01/31(f)
 
451
415,475
7.38%, 03/01/31(f)
 
21,539
22,223,618
4.75%, 02/01/32(f)
 
2,067
1,911,483
4.50%, 05/01/32
 
167
151,981
4.50%, 06/01/33(f)
 
363
322,729
4.25%, 01/15/34(f)
 
1,938
1,675,523
Cinemark USA, Inc., 7.00%, 08/01/32(f)
 
383
398,072
CSC Holdings LLC(f)
 
5.50%, 04/15/27
 
1,956
1,856,495
5.38%, 02/01/28
 
2,028
1,777,916
11.25%, 05/15/28
 
5,967
5,523,997
11.75%, 01/31/29
 
3,593
3,021,512
Directv Financing LLC, 8.88%, 02/01/30(f)
 
2,632
2,599,682
Directv Financing LLC/Directv Financing Co-Obligor,
Inc., 5.88%, 08/15/27(f)
 
2,201
2,198,530
DISH DBS Corp.(f)
 
5.25%, 12/01/26
 
3,781
3,715,189
5.75%, 12/01/28
 
5,745
5,507,387
DISH Network Corp., 11.75%, 11/15/27(f)
 
7,733
8,183,501
Gray Media, Inc.(f)
 
10.50%, 07/15/29
 
2,097
2,267,384
9.63%, 07/15/32
 
2,314
2,364,070
7.25%, 08/15/33
 
3,030
3,002,587
LCPR Senior Secured Financing DAC, 6.75%,
10/15/27(f)
 
2,930
1,754,381
Live Nation Entertainment, Inc., 4.75%, 10/15/27(f)
 
335
332,783
Midcontinent Communications, 8.00%, 08/15/32(f)
 
1,269
1,307,455
Odeon Finco PLC, 12.75%, 11/01/27(f)
 
1,503
1,556,734
Security
 
Par
(000)
Value
Media (continued)
Sinclair Television Group, Inc., 8.13%, 02/15/33(f)
USD
3,592
$ 3,686,362
Sirius XM Radio LLC(f)
 
5.00%, 08/01/27
 
5,912
5,883,611
4.00%, 07/15/28
 
381
368,151
Sunrise FinCo I BV, 4.88%, 07/15/31(f)
 
1,470
1,400,395
Tele Columbus AG, (10.00% PIK), 10.00%,
01/01/29(a)(g)
EUR
109
85,905
Telenet Finance Luxembourg Notes SARL, 5.50%,
03/01/28(f)
USD
2,000
1,988,290
Univision Communications, Inc.(f)
 
8.00%, 08/15/28
 
3,668
3,800,855
8.50%, 07/31/31
 
1,877
1,938,269
9.38%, 08/01/32
 
2,249
2,396,685
Virgin Media O2 Vendor Financing Notes V DAC,
7.88%, 03/15/32(a)
GBP
100
138,994
Virgin Media Secured Finance PLC(a)
 
4.25%, 01/15/30
 
100
124,731
4.13%, 08/15/30
 
100
122,763
VZ Secured Financing BV(a)
 
3.50%, 01/15/32
EUR
170
188,302
5.25%, 01/15/33
 
130
152,620
Ziggo Bond Co. BV, 5.13%, 02/28/30(f)
USD
650
589,170
Ziggo BV, 4.88%, 01/15/30(f)
 
1,165
1,099,593
 
 
100,970,334
Metals & Mining — 3.6%
Aris Mining Corp., 8.00%, 10/31/29(f)
 
362
374,217
Arsenal AIC Parent LLC(f)
 
8.00%, 10/01/30
 
1,197
1,267,380
11.50%, 10/01/31
 
4,744
5,268,814
Carpenter Technology Corp., 7.63%, 03/15/30
 
1,314
1,350,301
Cleveland-Cliffs, Inc., 6.88%, 11/01/29(f)
 
2,230
2,272,517
Constellium SE(f)
 
5.63%, 06/15/28
 
4,620
4,613,060
3.75%, 04/15/29
 
2,133
2,029,515
6.38%, 08/15/32
 
1,591
1,626,319
ERO Copper Corp., 6.50%, 02/15/30(f)
 
1,752
1,741,751
First Quantum Minerals Ltd.(f)
 
9.38%, 03/01/29
 
3,448
3,647,294
8.00%, 03/01/33
 
865
912,917
7.25%, 02/15/34
 
1,022
1,052,915
Kaiser Aluminum Corp.(f)
 
4.63%, 03/01/28
 
5,712
5,648,035
4.50%, 06/01/31
 
4,136
3,898,306
New Gold, Inc., 6.88%, 04/01/32(f)
 
2,700
2,828,042
Novelis Corp.(f)
 
4.75%, 01/30/30
 
5,807
5,596,003
6.88%, 01/30/30
 
1,944
2,015,877
3.88%, 08/15/31
 
4,389
4,001,399
6.38%, 08/15/33
 
3,681
3,719,046
Novelis Sheet Ingot GmbH, 3.38%, 04/15/29(a)
EUR
1,029
1,176,190
Vallourec SACA, 7.50%, 04/15/32(f)
USD
1,440
1,534,270
 
 
56,574,168
Mortgage Real Estate Investment Trusts (REITs)(f) — 0.4%
Arbor Realty SR, Inc., 7.88%, 07/15/30
 
792
832,740
Blackstone Mortgage Trust, Inc., 3.75%, 01/15/27
 
1,284
1,253,519
Starwood Property Trust, Inc.
 
7.25%, 04/01/29
 
879
922,990
6.00%, 04/15/30
 
442
448,718
Consolidated Schedule of Investments
11

Consolidated Schedule of Investments (unaudited)(continued)
September 30, 2025
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Mortgage Real Estate Investment Trusts (REITs) (continued)
Starwood Property Trust, Inc.(continued)
 
6.50%, 07/01/30
USD
1,079
$ 1,116,056
6.50%, 10/15/30
 
1,964
2,028,747
 
 
6,602,770
Multi-Utilities — 0.0%
AmeriGas Partners LP/AmeriGas Finance Corp., 9.50%,
06/01/30(f)
 
672
703,502
Oil, Gas & Consumable Fuels — 9.6%
Aethon United BR LP/Aethon United Finance Corp.,
7.50%, 10/01/29(f)
 
1,728
1,802,124
Antero Midstream Partners LP/Antero Midstream
Finance Corp., 6.63%, 02/01/32(f)
 
1,514
1,559,317
Ascent Resources Utica Holdings LLC/ARU Finance
Corp.(f)
 
9.00%, 11/01/27
 
963
1,163,448
5.88%, 06/30/29
 
1,254
1,251,419
6.63%, 07/15/33
 
930
945,495
Blue Racer Midstream LLC/Blue Racer Finance Corp.(f)
 
7.00%, 07/15/29
 
1,140
1,182,103
7.25%, 07/15/32
 
918
965,428
Buckeye Partners LP
 
6.88%, 07/01/29(f)
 
103
106,746
6.75%, 02/01/30(f)
 
386
400,919
5.85%, 11/15/43
 
816
761,054
5.60%, 10/15/44
 
553
502,697
Caturus Energy LLC, 8.50%, 02/15/30(f)
 
3,430
3,571,208
CD&R Firefly Bidco PLC, 8.63%, 04/30/29(a)
GBP
224
316,511
Chord Energy Corp., 6.75%, 03/15/33(f)
USD
601
608,926
CITGO Petroleum Corp., 8.38%, 01/15/29(f)
 
2,678
2,782,956
Civitas Resources, Inc.(f)
 
8.38%, 07/01/28
 
1,478
1,532,019
8.75%, 07/01/31
 
649
664,908
CNX Midstream Partners LP, 4.75%, 04/15/30(f)
 
520
498,647
CNX Resources Corp., 7.25%, 03/01/32(f)
 
479
496,927
Comstock Resources, Inc.(f)
 
6.75%, 03/01/29
 
4,687
4,676,301
5.88%, 01/15/30
 
59
56,820
CQP Holdco LP/BIP-V Chinook Holdco LLC, 5.50%,
06/15/31(f)
 
6,898
6,833,878
Crescent Energy Finance LLC(f)
 
7.63%, 04/01/32
 
2,683
2,664,469
7.38%, 01/15/33
 
2,182
2,124,536
8.38%, 01/15/34
 
2,084
2,111,504
Delek Logistics Partners LP/Delek Logistics Finance
Corp., 7.38%, 06/30/33(f)
 
1,599
1,626,017
Diamond Foreign Asset Co./Diamond Finance LLC,
8.50%, 10/01/30(f)
 
772
818,078
eG Global Finance PLC, 12.00%, 11/30/28(f)
 
1,943
2,134,106
Enbridge, Inc.(b)
 
(5-year CMT + 2.97%), 7.20%, 06/27/54
 
810
858,947
(5-year CMT + 3.12%), 7.38%, 03/15/55
 
1,104
1,168,021
Energy Transfer LP(b)
 
(5-year CMT + 2.83%), 7.13%, 10/01/54
 
1,564
1,618,845
(5-year CMT + 4.02%), 8.00%, 05/15/54
 
2,594
2,772,005
Series H, (5-year CMT + 5.69%), 6.50%(h)
 
2,085
2,092,777
Excelerate Energy LP, 8.00%, 05/15/30(f)
 
1,054
1,121,950
Genesis Energy LP/Genesis Energy Finance Corp.
 
7.75%, 02/01/28
 
559
562,938
7.88%, 05/15/32
 
1,452
1,514,369
8.00%, 05/15/33
 
800
836,759
Security
 
Par
(000)
Value
Oil, Gas & Consumable Fuels (continued)
Global Partners LP/GLP Finance Corp., 7.13%,
07/01/33(f)
USD
685
$ 702,113
Gulfport Energy Operating Corp., 6.75%, 09/01/29(f)
 
773
793,248
Harvest Midstream I LP, 7.50%, 05/15/32(f)
 
502
512,796
Hilcorp Energy I LP/Hilcorp Finance Co.(f)
 
6.25%, 11/01/28
 
427
428,053
5.75%, 02/01/29
 
957
942,740
6.00%, 04/15/30
 
130
127,757
6.25%, 04/15/32
 
95
91,138
8.38%, 11/01/33
 
1,756
1,844,288
6.88%, 05/15/34
 
1,967
1,891,171
7.25%, 02/15/35
 
712
695,828
Howard Midstream Energy Partners LLC(f)
 
7.38%, 07/15/32
 
673
698,591
6.63%, 01/15/34
 
1,684
1,716,965
Ithaca Energy North Sea PLC, 5.50%, 10/01/31(a)
EUR
100
118,431
ITT Holdings LLC, 6.50%, 08/01/29(f)
USD
2,641
2,596,458
Magnolia Oil & Gas Operating LLC/Magnolia Oil & Gas
Finance Corp., 6.88%, 12/01/32(f)
 
740
759,399
Matador Resources Co., 6.50%, 04/15/32(f)
 
1,546
1,560,794
Murphy Oil Corp., 5.88%, 12/01/42
 
141
123,288
Nabors Industries, Inc., 7.38%, 05/15/27(f)
 
532
540,037
NGL Energy Operating LLC/NGL Energy Finance
Corp.(f)
 
8.13%, 02/15/29
 
1,410
1,445,698
8.38%, 02/15/32
 
3,960
4,057,598
Noble Finance II LLC, 8.00%, 04/15/30(f)
 
1,019
1,054,725
Northern Oil & Gas, Inc.(f)
 
8.13%, 03/01/28
 
5,973
6,057,333
10/15/33(c)
 
2,697
2,686,329
Northriver Midstream Finance LP, 6.75%, 07/15/32(f)
 
873
892,726
Parkland Corp., 6.63%, 08/15/32(f)
 
987
1,014,204
PBF Holding Co. LLC/PBF Finance Corp., 7.88%,
09/15/30(f)
 
809
798,741
Permian Resources Operating LLC, 6.25%, 02/01/33(f)
 
2,436
2,481,444
Prairie Acquiror LP, 9.00%, 08/01/29(f)
 
984
1,024,447
Sunoco LP(f)
 
5.63%, 03/15/31
 
675
670,021
6.25%, 07/01/33
 
1,313
1,336,427
5.88%, 03/15/34
 
685
679,069
Tallgrass Energy Partners LP/Tallgrass Energy Finance
Corp.(f)
 
5.50%, 01/15/28
 
1,497
1,489,384
7.38%, 02/15/29
 
2,434
2,506,638
6.00%, 12/31/30
 
66
65,177
6.00%, 09/01/31
 
522
510,736
TGNR Intermediate Holdings LLC, 5.50%, 10/15/29(f)
 
1,102
1,078,356
TransMontaigne Partners LLC, 8.50%, 06/15/30(f)
 
305
317,816
Transocean International Ltd.(f)
 
8.00%, 02/01/27
 
2,149
2,146,012
8.25%, 05/15/29
 
803
791,651
8.75%, 02/15/30
 
374
393,775
8.50%, 05/15/31
 
861
843,806
7.88%, 10/15/32
 
1,062
1,062,000
Transocean Titan Financing Ltd., 8.38%, 02/01/28(f)
 
127
130,222
Valaris Ltd., 8.38%, 04/30/30(f)
 
2,525
2,620,557
Venture Global LNG, Inc.(f)
 
9.50%, 02/01/29
 
9,631
10,613,603
8.38%, 06/01/31
 
4,772
5,010,458
9.88%, 02/01/32
 
3,892
4,237,311
Venture Global Plaquemines LNG LLC(f)
 
7.50%, 05/01/33
 
2,097
2,317,206
12

Consolidated Schedule of Investments (unaudited)(continued)
September 30, 2025
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Oil, Gas & Consumable Fuels (continued)
Venture Global Plaquemines LNG LLC(f)(continued)
 
6.50%, 01/15/34
USD
4,883
$ 5,140,126
7.75%, 05/01/35
 
2,871
3,240,521
6.75%, 01/15/36
 
5,096
5,412,854
Vital Energy, Inc.
 
7.75%, 07/31/29(f)
 
386
382,260
9.75%, 10/15/30
 
1,236
1,290,456
7.88%, 04/15/32(f)
 
2,339
2,270,555
Wildfire Intermediate Holdings LLC, 7.50%, 10/15/29(f)
 
1,366
1,380,172
Wintershall Dea Finance 2 BV, (5-year EURIBOR ICE
Swap + 3.94%), 6.12%(a)(b)(h)
EUR
176
215,931
 
 
152,514,612
Passenger Airlines — 0.5%
American Airlines, Inc., 8.50%, 05/15/29(f)
USD
1,813
1,891,236
American Airlines, Inc./AAdvantage Loyalty IP Ltd.,
5.75%, 04/20/29(f)
 
282
283,581
Deutsche Lufthansa AG, (5-year EURIBOR ICE Swap +
2.86%), 5.25%, 01/15/55(a)(b)
EUR
200
242,293
JetBlue Airways Corp./JetBlue Loyalty LP, 9.88%,
09/20/31(f)
USD
1,875
1,901,760
OneSky Flight LLC, 8.88%, 12/15/29(f)
 
1,239
1,302,874
United Airlines, Inc., 4.63%, 04/15/29(f)
 
2,214
2,180,101
 
 
7,801,845
Personal Care Products — 0.1%
Opal Bidco SAS
 
5.50%, 03/31/32(a)
EUR
100
121,513
6.50%, 03/31/32(f)
USD
1,724
1,766,662
Perrigo Finance Unlimited Co., 6.13%, 09/30/32
 
128
128,858
 
 
2,017,033
Pharmaceuticals — 2.0%
1261229 B.C. Ltd., 10.00%, 04/15/32(f)
 
18,200
18,655,947
Amneal Pharmaceuticals LLC, 6.88%, 08/01/32(f)
 
964
996,981
Bausch Health Cos., Inc.(f)
 
4.88%, 06/01/28
 
265
237,175
11.00%, 09/30/28
 
6,226
6,475,159
Dolcetto Holdco SpA, 5.63%, 07/14/32(a)
EUR
100
120,369
Grifols SA
 
2.25%, 11/15/27(a)
 
1,374
1,586,122
4.75%, 10/15/28(f)
USD
200
194,272
7.13%, 05/01/30(a)
EUR
141
174,377
Gruenenthal GmbH, 4.63%, 11/15/31(a)
 
136
163,025
Nidda Healthcare Holding GmbH(a)
 
7.00%, 02/21/30
 
215
263,138
(3-mo. EURIBOR + 3.75%), 5.79%, 10/23/30(b)
 
100
117,615
Organon & Co./Organon Foreign Debt Co-Issuer BV,
4.13%, 04/30/28(f)
USD
846
817,357
Rossini SARL(a)
 
6.75%, 12/31/29
EUR
121
149,872
(3-mo. EURIBOR + 3.88%), 5.88%, 12/31/29(b)
 
73
86,785
Teva Pharmaceutical Finance Netherlands II BV, 7.88%,
09/15/31
 
100
140,739
Teva Pharmaceutical Finance Netherlands III BV
 
3.15%, 10/01/26
USD
674
660,520
6.75%, 03/01/28
 
800
827,872
6.00%, 12/01/32
 
695
721,931
 
 
32,389,256
Real Estate Management & Development — 0.6%
Adler Financing SARL, Series 1L, (8.25% PIK), 8.25%,
12/31/28(g)
EUR
304
380,567
Security
 
Par
(000)
Value
Real Estate Management & Development (continued)
Alexandrite Lake Lux Holdings SARL, 6.75%,
07/30/30(a)
EUR
112
$ 134,521
Anywhere Real Estate Group LLC/Anywhere Co-Issuer
Corp.
 
7.00%, 04/15/30(f)
USD
988
999,428
Series AI, 7.00%, 04/15/30
 
1,009
1,020,908
Anywhere Real Estate Group LLC/Realogy Co-Issuer
Corp., 9.75%, 04/15/30(f)
 
725
791,216
Aroundtown Finance SARL, (5-year UK Government
Bond + 4.49%), 8.63%(b)(h)
GBP
215
297,766
Cushman & Wakefield U.S. Borrower LLC, 8.88%,
09/01/31(f)
USD
1,566
1,671,426
DEMIRE Deutsche Mittelstand Real Estate AG, 5.00%,
12/31/27(a)(l)
EUR
88
97,265
Five Point Operating Co. LP, 8.00%, 10/01/30(f)
USD
456
462,736
Grand City Properties SA, (5-year EUR Swap + 2.18%),
1.50%(a)(b)(h)
EUR
100
114,812
Howard Hughes Corp., 4.38%, 02/01/31(f)
USD
2,347
2,200,466
New Immo Holding SA(a)
 
3.25%, 07/23/27
EUR
200
231,373
5.88%, 04/17/28
 
100
121,225
Vivion Investments SARL, (6.50% PIK), 6.50%,
08/31/28(a)(g)
 
184
215,186
 
 
8,738,895
Retail REITs — 0.1%
Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR
Nimbus LLC/GGSI Sellco LLC, 4.50%, 04/01/27(f)
USD
1,801
1,768,855
Semiconductors & Semiconductor Equipment — 0.3%
Amkor Technology, Inc., 5.88%, 10/01/33(f)
 
416
420,236
Kioxia Holdings Corp., 6.63%, 07/24/33
 
800
822,424
MKS, Inc., 1.25%, 06/01/30(j)
 
2,480
2,715,600
ON Semiconductor Corp., 0.50%, 03/01/29(j)
 
1,259
1,161,643
 
 
5,119,903
Software — 5.8%
AthenaHealth Group, Inc., 6.50%, 02/15/30(f)
 
15,753
15,624,108
Camelot Finance SA, 4.50%, 11/01/26(f)
 
87
86,702
Capstone Borrower, Inc., 8.00%, 06/15/30(f)
 
4,225
4,418,467
Central Parent LLC/CDK Global II LLC/CDK Financing
Co., Inc., 8.00%, 06/15/29(f)
 
274
241,464
Central Parent, Inc./CDK Global, Inc., 7.25%,
06/15/29(f)
 
2,127
1,831,464
Cloud Software Group, Inc.(f)
 
6.50%, 03/31/29
 
10,725
10,821,743
9.00%, 09/30/29
 
15,261
15,828,807
8.25%, 06/30/32
 
8,563
9,083,231
CoreLogic, Inc., 4.50%, 05/01/28(f)
 
2,658
2,577,203
CoreWeave, Inc., 9.25%, 06/01/30(f)
 
1,553
1,603,929
Electronic Arts, Inc., 2.95%, 02/15/51
 
859
744,953
Ellucian Holdings, Inc., 6.50%, 12/01/29(f)
 
2,529
2,569,257
Helios Software Holdings, Inc./ION Corporate Solutions
Finance SARL
 
4.63%, 05/01/28(f)
 
400
386,861
7.88%, 05/01/29(a)
EUR
237
291,156
8.75%, 05/01/29(f)
USD
782
810,509
IPD 3 BV, 5.50%, 06/15/31(a)
EUR
200
238,456
Playtika Holding Corp., 4.25%, 03/15/29(f)
USD
421
386,507
SS&C Technologies, Inc., 6.50%, 06/01/32(f)
 
3,142
3,248,316
TeamSystem SpA(a)(b)
 
(3-mo. EURIBOR + 3.25%), 5.19%, 07/01/32
EUR
114
133,990
Consolidated Schedule of Investments
13

Consolidated Schedule of Investments (unaudited)(continued)
September 30, 2025
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Software (continued)
TeamSystem SpA(a)(b)(continued)
 
(3-mo. EURIBOR + 3.50%), 5.53%, 07/31/31
EUR
113
$ 133,053
UKG, Inc., 6.88%, 02/01/31(f)
USD
15,694
16,193,619
ZoomInfo Technologies LLC/ZoomInfo Finance Corp.,
3.88%, 02/01/29(f)
 
5,203
4,931,496
 
 
92,185,291
Specialty Retail — 0.2%
Advance Auto Parts, Inc., 7.00%, 08/01/30(f)
 
924
950,660
Afflelou SAS, 6.00%, 07/25/29(a)
EUR
152
186,148
Bubbles Bidco SpA(a)
 
6.50%, 09/30/31
 
123
147,908
(3-mo. EURIBOR + 4.25%), 6.25%, 09/30/31(b)
 
120
141,969
Duomo Bidco SpA, (3-mo. EURIBOR + 4.13%), 6.15%,
07/15/31(a)(b)
 
156
184,248
Goldstory SAS, 6.75%, 02/01/30(a)
 
100
121,908
PetSmart LLC/PetSmart Finance Corp., 7.50%,
09/15/32(f)
USD
906
907,346
Staples, Inc., 10.75%, 09/01/29(f)
 
915
904,724
Suburban Propane Partners LP/Suburban Energy
Finance Corp., 5.00%, 06/01/31(f)
 
418
397,723
 
 
3,942,634
Technology Hardware, Storage & Peripherals — 0.1%
Seagate Data Storage Technology Pte Ltd., 5.88%,
07/15/30(f)
 
1,355
1,378,599
Textiles, Apparel & Luxury Goods — 0.6%
Beach Acquisition Bidco LLC
 
5.25%, 07/15/32(f)
EUR
2,056
2,474,395
5.25%, 07/15/32(a)
 
100
120,350
(10.00% PIK), 10.00%, 07/15/33(f)(g)
USD
4,382
4,726,697
Crocs, Inc.(f)
 
4.25%, 03/15/29
 
217
207,958
4.13%, 08/15/31
 
282
258,354
European TopSoho SARL, 4.00%, 09/21/21(a)(e)(i)(j)
EUR
200
190,699
Hanesbrands, Inc., 9.00%, 02/15/31(f)
USD
80
84,671
Levi Strauss & Co., 4.00%, 08/15/30(f)
EUR
665
792,240
PrestigeBidCo GmbH, (3-mo. EURIBOR + 3.75%),
5.78%, 07/01/29(a)(b)
 
200
236,142
 
 
9,091,506
Transportation Infrastructure — 0.0%
Edge Finco PLC, 8.13%, 08/15/31(a)
GBP
206
295,404
Mobico Group PLC(a)
 
4.88%, 09/26/31
EUR
110
101,663
(5-year UK Government Bond + 4.14%), 4.25%(b)(h)
GBP
154
126,451
SGL Group ApS, (3-mo. EURIBOR + 4.75%), 6.75%,
04/22/30(b)
EUR
193
224,592
 
 
748,110
Wireless Telecommunication Services — 1.3%
Altice France SA
 
3.38%, 01/15/28(a)
 
200
201,937
5.13%, 01/15/29(f)
USD
1,981
1,703,660
5.13%, 07/15/29(f)
 
6,849
5,849,046
5.50%, 10/15/29(f)
 
1,800
1,556,885
Digicel International Finance Ltd./Difl U.S. LLC, 8.63%,
08/01/32(f)
 
4,709
4,831,199
Vmed O2 U.K. Financing I PLC
 
4.00%, 01/31/29(a)
GBP
200
256,165
4.25%, 01/31/31(f)
USD
4,972
4,609,868
4.50%, 07/15/31(a)
GBP
201
247,320
4.75%, 07/15/31(f)
USD
1,000
941,246
Security
 
Par
(000)
Value
Wireless Telecommunication Services (continued)
Vmed O2 U.K. Financing I PLC(continued)
 
5.63%, 04/15/32(a)
EUR
100
$ 120,353
7.75%, 04/15/32(f)
USD
400
420,255
Zegona Finance PLC, 6.75%, 07/15/29(a)
EUR
239
297,559
 
 
21,035,493
Total Corporate Bonds — 110.8%
(Cost: $1,700,216,829)
1,754,616,843
Fixed Rate Loan Interests
Diversified Consumer Services — 0.0%
Clover Holdings SPV III LLC, 2024 USD Term Loan,
15.00%, 12/09/27
USD
14
14,130
IT Services — 0.8%
Clover Holdings 2 LLC, Fixed Term Loan B, 7.75%,
12/09/31
 
8,969
9,020,018
X Corp., 2025 Fixed Term Loan, 9.50%, 10/26/29
 
3,043
3,050,182
 
 
12,070,200
Software — 0.8%
Cotiviti, Inc., 2024 Fixed Term Loan B, 7.63%, 05/01/31
 
12,701
12,736,286
Total Fixed Rate Loan Interests — 1.6%
(Cost: $24,732,548)
24,820,616
Floating Rate Loan Interests(b)
Advertising Agencies — 0.4%
Clear Channel Outdoor Holdings, Inc., 2024 Term Loan,
(1-mo. CME Term SOFR at 0.00% Floor + 4.11%),
8.28%, 08/23/28
 
4,263
4,266,380
Neptune Bidco U.S., Inc., 2022 USD Term Loan B, (3-
mo. CME Term SOFR + 5.10%), 9.43%, 04/11/29
 
1,700
1,616,718
Summer BC Holdco B SARL, 2024 USD Term Loan B,
(3-mo. CME Term SOFR at 0.00% Floor + 5.26%),
9.26%, 02/15/29
 
451
442,107
 
 
6,325,205
Aerospace & Defense — 0.3%
Atlas CC Acquisition Corp., 2025 Second Out Term Loan
C, 05/25/29(m)
 
89
65,495
Kaman Corp.
 
2025 Delayed Draw Term Loan, (3-mo. CME Term
SOFR at 0.50% Floor + 2.50%), 6.83%, 02/26/32
 
20
19,656
2025 Term Loan B, (3-mo. CME Term SOFR at
0.50% Floor + 2.75%), 6.90%, 02/26/32
 
1,801
1,794,363
Signia Aerospace LLC, 2025 Term Loan, (3-mo. CME
Term SOFR at 0.50% Floor + 2.75%), 6.91%,
12/11/31
 
737
736,639
TransDigm, Inc., 2025 Term Loan M, (1-mo. CME Term
SOFR at 0.00% Floor + 2.50%), 6.66%, 08/19/32
 
2,362
2,358,977
 
 
4,975,130
Automobile Components — 0.2%
Clarios Global LP, 2025 USD Term Loan B, (1-mo. CME
Term SOFR at 0.00% Floor + 2.75%), 6.91%,
01/28/32
 
2,217
2,215,580
14

Consolidated Schedule of Investments (unaudited)(continued)
September 30, 2025
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Automobile Components (continued)
Tenneco, Inc.
 
2022 Term Loan A, (3-mo. CME Term SOFR at 0.50%
Floor + 4.85%), 9.05%, 11/17/28
USD
163
$ 159,212
2022 Term Loan B, (3-mo. CME Term SOFR +
5.10%), 9.30%, 11/17/28
 
1,015
992,072
 
 
3,366,864
Beverages — 0.1%
Sazerac Co., Inc., Term Loan B, (1-mo. CME Term
SOFR at 0.00% Floor + 2.50%), 6.70%, 07/09/32
 
730
734,059
Building Products — 0.5%
Chariot Buyer LLC, 2025 Term Loan B, (1-mo. CME
Term SOFR at 0.00% Floor + 3.00%), 7.16%,
09/08/32
 
239
238,999
CP Atlas Buyer, Inc., 2025 Term Loan, (1-mo. CME Term
SOFR at 0.00% Floor + 5.25%), 9.41%, 07/08/30
 
530
518,075
Foundation Building Materials, Inc.
 
2021 Term Loan, (3-mo. CME Term SOFR at 0.50%
Floor + 3.51%), 7.82%, 01/31/28
 
759
759,480
2024 Term Loan B2, (3-mo. CME Term SOFR at
0.00% Floor + 4.00%), 8.31%, 01/29/31
 
2,441
2,443,520
2025 Term Loan, (Prime + 4.25%), 11.50%, 01/29/31
 
354
355,805
White Cap Supply Holdings LLC, 2024 Term Loan B,
(1-mo. CME Term SOFR at 0.00% Floor + 3.25%),
7.42%, 10/19/29
 
2,799
2,798,024
Wilsonart LLC, 2024 Term Loan B, (3-mo. CME Term
SOFR at 0.00% Floor + 4.25%), 8.25%, 08/05/31
 
813
784,915
 
 
7,898,818
Capital Markets — 0.3%
Acuren Delaware Holdco, Inc., 2025 Term Loan, (1-mo.
CME Term SOFR at 0.00% Floor + 2.75%), 6.91%,
07/30/31
 
242
242,571
Gryphon Acquire NewCo LLC, Term Loan B, (6-mo.
CME Term SOFR at 0.00% Floor + 3.00%), 6.88%,
09/13/32
 
1,600
1,603,504
Osaic Holdings, Inc., 2025 Term Loan, (1-mo. CME
Term SOFR at 0.00% Floor + 3.00%), 7.16%,
07/30/32
 
1,539
1,537,816
Summit Acquisition, Inc., 2025 Add-on Term Loan, (1-
mo. CME Term SOFR at 0.00% Floor + 3.50%),
7.66%, 10/16/31
 
702
703,626
 
 
4,087,517
Chemicals — 0.5%
Aruba Investments Holdings LLC, 2020 2nd Lien Term
Loan, (1-mo. CME Term SOFR + 7.85%), 12.01%,
11/24/28
 
443
401,449
Discovery Purchaser Corp., Term Loan, (3-mo. CME
Term SOFR at 0.50% Floor + 3.75%), 8.08%,
10/04/29
 
2,203
2,190,285
Lonza Group AG, USD Term Loan B, (3-mo. CME Term
SOFR at 0.75% Floor + 4.03%), 8.03%, 07/03/28
 
1,490
1,341,092
Momentive Performance Materials, Inc., 2023 Term
Loan, (1-mo. CME Term SOFR + 4.00%), 8.16%,
03/29/28
 
390
390,792
Olympus Water U.S. Holding Corp., 2025 USD Term
Loan B, 07/23/32(m)
 
1,134
1,124,690
Security
 
Par
(000)
Value
Chemicals (continued)
Oxea Holding Drei GmbH, 2017 USD Term Loan B2,
(3-mo. CME Term SOFR at 0.00% Floor + 4.35%),
8.64%, 04/08/31
USD
669
$ 614,826
Qnity Electronics, Inc., Term Loan B, 08/12/32(m)
 
1,680
1,677,900
WR Grace Holdings LLC, 2025 Term Loan B, (3-mo.
CME Term SOFR at 0.50% Floor + 3.00%), 7.00%,
08/19/32
 
781
782,304
 
 
8,523,338
Commercial Services & Supplies — 0.5%
AlixPartners LLP, 2025 USD Term Loan, (1-mo. CME
Term SOFR at 0.00% Floor + 2.00%), 6.16%,
08/12/32
 
648
643,328
Allied Universal Holdco LLC, 2025 USD Term Loan B,
(1-mo. CME Term SOFR at 0.00% Floor + 3.35%),
7.51%, 08/20/32
 
2,823
2,832,290
Champions Financing, Inc., 2024 Term Loan B, (3-mo.
CME Term SOFR at 0.00% Floor + 4.75%), 8.95%,
02/23/29
 
1,755
1,641,178
Galaxy U.S. Opco, Inc., Term Loan, (3-mo. CME Term
SOFR + 2.00%, 3.75% PIK), 10.06%, 07/31/30(g)
 
477
431,571
Garda World Security Corp., 2025 Term Loan B, (1-mo.
CME Term SOFR at 0.00% Floor + 3.00%), 7.17%,
02/01/29
 
801
800,418
Vortex Opco LLC, Second Out Term Loan, (3-mo. CME
Term SOFR at 0.50% Floor + 4.36%), 8.37%,
12/17/28
 
827
181,953
Wand NewCo 3, Inc., 2025 Repriced Term Loan B, (1-
mo. CME Term SOFR at 0.00% Floor + 2.50%),
6.66%, 01/30/31
 
1,879
1,871,901
 
 
8,402,639
Communications Equipment — 0.1%
COMMSCOPE, 2024 Term Loan, (1-mo. CME Term
SOFR at 2.00% Floor + 4.75%), 8.91%, 12/17/29
 
1,553
1,570,603
Construction & Engineering — 0.3%
Brand Industrial Services, Inc., 2024 Term Loan B, (3-
mo. CME Term SOFR at 0.50% Floor + 4.50%),
8.80%, 08/01/30
 
4,526
4,091,700
Consumer Discretionary — 0.1%
Camelot U.S. Acquisition LLC, 2025 Incremental Term
Loan B, (1-mo. CME Term SOFR at 0.00% Floor +
3.25%), 7.41%, 01/31/31
 
1,464
1,460,794
Jupiter Buyer, Inc., 2024 Term Loan B, (3-mo. CME
Term SOFR at 0.00% Floor + 4.25%), 8.25%,
11/01/31
 
349
351,618
 
 
1,812,412
Consumer Staples Distribution & Retail — 0.3%
Boots Group Finco LP, USD Term Loan, (3-mo. CME
Term SOFR at 0.00% Floor + 3.50%), 7.70%,
08/30/32
 
4,390
4,399,131
Containers & Packaging — 0.1%
LABL, Inc., 2021 USD 1st Lien Term Loan, (1-mo. CME
Term SOFR at 0.50% Floor + 5.10%), 9.26%,
10/30/28
 
2,779
2,271,588
Consolidated Schedule of Investments
15

Consolidated Schedule of Investments (unaudited)(continued)
September 30, 2025
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Diversified Telecommunication Services — 1.0%
Delta Topco, Inc., 2024 2nd Lien Term Loan, (1-mo.
CME Term SOFR at 0.00% Floor + 5.25%), 9.43%,
11/29/30
USD
299
$ 297,224
Frontier Communications Holdings LLC, 2025 Term
Loan B, (1-mo. CME Term SOFR at 0.00% Floor +
2.50%), 6.65%, 07/01/31
 
376
375,484
Level 3 Financing, Inc., 2025 Term Loan B, (1-mo. CME
Term SOFR at 0.00% Floor + 3.25%), 7.42%,
03/27/32
 
5,509
5,509,000
Lumen Technologies, Inc.
 
2024 Extended Term Loan B1, (1-mo. CME Term
SOFR at 2.00% Floor + 2.46%), 6.63%, 04/16/29
 
1,667
1,654,827
2024 Extended Term Loan B2, (1-mo. CME Term
SOFR at 2.00% Floor + 2.46%), 6.63%, 04/15/30
 
1,346
1,336,389
2024 Term Loan A, (1-mo. CME Term SOFR +
6.00%), 10.16%, 06/01/28
 
414
419,898
Windstream Services LLC, 2024 Term Loan B, (1-mo.
CME Term SOFR at 0.00% Floor + 4.85%), 9.01%,
10/01/31(d)
 
597
595,507
Zayo Group Holdings, Inc., 1st Lien Term Loan B, (1-mo.
CME Term SOFR at 0.00% Floor + 3.50%), 7.61%,
03/11/30
 
5,299
5,206,950
 
 
15,395,279
Electronic Equipment, Instruments & Components — 0.2%
Lsf12 Crown U.S. Commercial Bidco LLC, 2025 Term
Loan B, (1-mo. CME Term SOFR at 0.00% Floor +
3.50%), 7.66%, 12/02/31
 
1,554
1,555,076
Pinnacle Buyer LLC
 
Delayed Draw Term Loan, 0.00%, 09/10/32
 
126
125,931
Term Loan, 09/10/32(m)
 
654
654,839
 
 
2,335,846
Energy Equipment & Services — 0.0%
Star Holding LLC, 2024 1st Lien Term Loan B, (1-mo.
CME Term SOFR at 0.00% Floor + 4.50%), 8.66%,
07/31/31
 
362
358,559
Financial Services(m) — 0.1%
ION Platform Finance U.S., Inc., USD Term Loan,
09/30/32(d)
 
1,652
1,637,545
Orion U.S. Finco, Inc., 1st Lien Term Loan, 05/20/32
 
454
456,270
 
 
2,093,815
Food Products — 0.0%
Chobani LLC, 2025 Repriced Term Loan B, (1-mo. CME
Term SOFR at 0.00% Floor + 2.50%), 6.66%,
10/25/27
 
72
72,618
Health Care Equipment & Supplies — 0.2%
Bausch & Lomb Corp.
 
2023 Incremental Term Loan, (1-mo. CME Term
SOFR at 0.00% Floor + 4.00%), 8.17%, 09/29/28
 
1,050
1,049,247
2025 Term Loan B, (1-mo. CME Term SOFR at
0.00% Floor + 4.25%), 8.41%, 01/15/31
 
2,359
2,356,707
 
 
3,405,954
Health Care Providers & Services — 0.4%
LifePoint Health, Inc.
 
2024 1st Lien Term Loan B, (3-mo. CME Term SOFR
at 0.00% Floor + 3.75%), 8.07%, 05/19/31
 
1,717
1,712,518
Security
 
Par
(000)
Value
Health Care Providers & Services (continued)
LifePoint Health, Inc.(continued)
 
2024 Incremental Term Loan B1, (3-mo. CME Term
SOFR at 0.00% Floor + 3.50%), 7.66%, 05/19/31
USD
752
$ 748,250
Quorum Health Corp., 2020 Term Loan, (3-mo. CME
Term SOFR at 1.00% Floor + 6.60%), 10.60%,
01/28/28
 
1,638
1,171,480
Star Parent, Inc., Term Loan B, (3-mo. CME Term SOFR
at 0.00% Floor + 4.00%), 8.00%, 09/27/30
 
2,935
2,933,564
 
 
6,565,812
Hotels, Restaurants & Leisure — 0.1%
EOC Borrower LLC, Term Loan B, (1-mo. CME Term
SOFR at 0.00% Floor + 3.00%), 7.16%, 03/24/32
 
854
853,580
Great Canadian Gaming Corp., 2024 Term Loan B, (3-
mo. CME Term SOFR at 0.00% Floor + 4.75%),
8.75%, 11/01/29
 
532
510,941
Sabre GLBL, Inc.
 
2021 Term Loan B1, (1-mo. CME Term SOFR at
0.50% Floor + 3.61%), 7.78%, 12/17/27
 
120
113,225
2021 Term Loan B2, (1-mo. CME Term SOFR at
0.50% Floor + 3.61%), 7.78%, 12/17/27
 
39
37,253
2022 Term Loan B, (1-mo. CME Term SOFR +
4.35%), 8.51%, 06/30/28
 
18
16,363
2024 Term Loan B1, (1-mo. CME Term SOFR at
0.50% Floor + 6.10%), 10.26%, 11/15/29(d)
 
318
299,431
2024 Term Loan B2, (1-mo. CME Term SOFR at
0.50% Floor + 6.10%), 10.26%, 11/15/29(d)
 
167
156,930
 
 
1,987,723
Household Durables — 0.0%
Hunter Douglas, Inc., 2025 USD Term Loan B, (3-mo.
CME Term SOFR at 0.50% Floor + 3.25%), 7.25%,
01/20/32
 
469
468,727
Springs Windows Fashions LLC, 2024 FLFO A1 Term
Loan, (1-mo. CME Term SOFR at 1.00% Floor +
4.50%), 8.66%, 12/19/29
 
201
201,427
 
 
670,154
Insurance — 0.4%
Ardonagh Group Finco Pty. Ltd., 2024 USD Term Loan
B, (3-mo. CME Term SOFR at 0.00% Floor + 2.75%),
6.94%, 02/15/31
 
1,086
1,079,771
Asurion LLC, 2025 Term Loan B13, (1-mo. CME Term
SOFR at 0.00% Floor + 4.25%), 8.41%, 09/19/30
 
922
915,491
Howden Group Holdings Ltd., 2024 USD Term Loan B,
(1-mo. CME Term SOFR at 0.50% Floor + 3.50%),
7.66%, 04/18/30
 
167
166,986
OneDigital Borrower LLC, 2025 Repriced Term Loan,
(1-mo. CME Term SOFR at 0.50% Floor + 3.00%),
7.16%, 07/02/31
 
199
199,250
Truist Insurance Holdings LLC, 2nd Lien Term Loan,
(3-mo. CME Term SOFR at 0.00% Floor + 4.75%),
8.75%, 05/06/32
 
3,327
3,383,799
 
 
5,745,297
Interactive Media & Services — 0.1%
MH Sub I LLC, 2023 Term Loan, (3-mo. CME Term
SOFR at 0.50% Floor + 4.25%), 8.25%, 05/03/28
 
1,754
1,684,813
16

Consolidated Schedule of Investments (unaudited)(continued)
September 30, 2025
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Internet Software & Services — 0.1%
Proofpoint, Inc., 2025 Fungible Term Loan, 08/31/28(m)
USD
288
$ 288,752
StubHub Holdco Sub LLC, 2024 Extended Term Loan B,
(1-mo. CME Term SOFR + 4.75%), 8.91%, 03/15/30
 
1,856
1,836,193
 
 
2,124,945
IT Services — 0.4%
Amentum Holdings, Inc., 2024 Term Loan B, (1-mo.
CME Term SOFR at 0.00% Floor + 2.25%), 6.41%,
09/29/31
 
208
207,910
Finastra USA, Inc.
 
2025 1st Lien Term Loan, (3-mo. CME Term SOFR at
0.00% Floor + 4.00%), 8.04%, 07/30/32
 
4,095
4,075,999
2025 2nd Lien Term Loan, (3-mo. CME Term SOFR
at 0.00% Floor + 7.00%), 11.04%, 09/15/33
 
886
879,798
Fortress Intermediate 3, Inc., 2025 Term Loan B, (1-mo.
CME Term SOFR at 0.00% Floor + 3.00%), 7.25%,
06/27/31
 
577
578,230
 
 
5,741,937
Leisure Products — 0.1%
City Football Group Ltd., 2024 Term Loan, (1-mo. CME
Term SOFR at 0.50% Floor + 3.61%), 7.70%,
07/22/30
 
903
902,304
Machinery — 0.4%
GrafTech Global Enterprises, Inc., 2024 Term Loan,
(1-mo. CME Term SOFR at 2.00% Floor + 6.00%),
10.16%, 12/21/29
 
468
475,274
Husky Injection Molding Systems Ltd., 2024 Term Loan
B, (6-mo. CME Term SOFR at 0.00% Floor + 3.75%),
7.75%, 02/15/29
 
6,176
6,187,705
 
 
6,662,979
Media — 0.8%
Coral-U.S. Co-Borrower LLC, 2025 Term Loan B7, (3-
mo. CME Term SOFR at 0.00% Floor + 3.25%),
7.57%, 01/31/32
 
773
764,973
CSC Holdings LLC
 
2019 Term Loan B5, (Prime + 1.50%), 8.75%,
04/15/27
 
2,240
2,165,664
2022 Term Loan B6, (1-mo. CME Term SOFR at
0.00% Floor + 4.50%), 8.65%, 01/18/28
 
3,046
3,024,147
Directv Financing LLC, 2025 Term Loan B, (3-mo. CME
Term SOFR at 0.75% Floor + 5.50%), 9.81%,
02/17/31
 
3,401
3,320,792
Gray Television, Inc.
 
2021 Term Loan D, (1-mo. CME Term SOFR +
3.11%), 7.39%, 12/01/28
 
700
699,506
2024 Term Loan B, (1-mo. CME Term SOFR +
5.25%), 9.53%, 06/04/29
 
5
4,826
OVG Business Services LLC, 2024 Term Loan B, (1-mo.
CME Term SOFR + 3.00%), 7.16%, 06/25/31
 
62
61,439
Radiate Holdco LLC, 2025 FLFO Term Loan, (1-mo.
CME Term SOFR at 0.00% Floor + 3.61%, 1.50%
PIK), 9.28%, 09/25/29(g)
 
2,044
1,645,836
Virgin Media Bristol LLC, 2020 USD Term Loan Q, (1-
mo. CME Term SOFR + 3.36%), 7.51%, 01/31/29
 
200
199,808
 
 
11,886,991
Security
 
Par
(000)
Value
Oil, Gas & Consumable Fuels — 0.1%
Stakeholder Midstream LLC, Term Loan, (3-mo. CME
Term SOFR at 0.00% Floor + 4.00%), 8.04%,
01/01/31
USD
1,333
$ 1,334,326
Personal Care Products — 0.0%
ACP Tara Holdings, Inc., 2025 Term Loan B,
09/17/32(d)(m)
 
476
476,000
Pharmaceuticals — 0.3%
Amneal Pharmaceuticals LLC, 2025 Term Loan B, (1-
mo. CME Term SOFR at 0.50% Floor + 3.50%),
7.66%, 08/01/32
 
2,049
2,045,578
Endo Finance Holdings, Inc., 2024 1st Lien Term Loan,
(1-mo. CME Term SOFR at 0.50% Floor + 4.00%),
8.16%, 04/23/31
 
1,037
1,038,277
Gainwell Acquisition Corp., Term Loan B, (3-mo. CME
Term SOFR at 0.75% Floor + 4.10%), 8.10%,
10/01/27
 
1,773
1,742,362
 
 
4,826,217
Real Estate Management & Development — 0.2%
CoreLogic, Inc.
 
2nd Lien Term Loan, (1-mo. CME Term SOFR +
6.61%), 10.78%, 06/04/29
 
1,107
1,098,576
Term Loan, (1-mo. CME Term SOFR at 0.50% Floor +
3.61%), 7.78%, 06/02/28
 
2,442
2,439,126
 
 
3,537,702
Software — 1.2%
Applied Systems, Inc., 2024 2nd Lien Term Loan, (3-mo.
CME Term SOFR at 0.00% Floor + 4.50%), 8.50%,
02/23/32
 
787
804,129
Ascend Learning LLC, 2025 Repriced Term Loan B,
(1-mo. CME Term SOFR at 0.50% Floor + 3.00%),
7.16%, 12/11/28
 
192
192,045
AthenaHealth Group, Inc., 2022 Term Loan B, (1-mo.
CME Term SOFR at 0.50% Floor + 2.75%), 6.91%,
02/15/29
 
3,731
3,721,316
Boxer Parent Co., Inc.
 
2024 2nd Lien Term Loan, (3-mo. CME Term SOFR
at 0.00% Floor + 5.75%), 9.95%, 07/30/32
 
1,053
1,024,042
2025 USD Term Loan B, (3-mo. CME Term SOFR at
0.00% Floor + 3.00%), 7.20%, 07/30/31
 
1,810
1,805,752
Central Parent LLC, 2024 Term Loan B, (3-mo. CME
Term SOFR at 0.00% Floor + 3.25%), 7.25%,
07/06/29
 
369
318,007
Cloud Software Group, Inc.
 
2025 Term Loan B (2031), (3-mo. CME Term SOFR
at 0.00% Floor + 3.25%), 7.25%, 03/21/31
 
3,119
3,129,764
2025 Term Loan B (2032), (3-mo. CME Term SOFR
at 0.00% Floor + 3.25%), 7.25%, 08/13/32
 
811
813,097
Cloudera, Inc., 2021 Second Lien Term Loan, (1-mo.
CME Term SOFR at 0.50% Floor + 6.10%), 10.26%,
10/08/29
 
1,314
1,196,176
Ellucian Holdings, Inc.
 
2024 1st Lien Term Loan B, (1-mo. CME Term SOFR
at 0.50% Floor + 2.75%), 6.91%, 10/09/29
 
231
231,275
2024 2nd Lien Term Loan, (1-mo. CME Term SOFR
at 0.50% Floor + 4.75%), 8.91%, 11/22/32
 
3,414
3,485,114
Consolidated Schedule of Investments
17

Consolidated Schedule of Investments (unaudited)(continued)
September 30, 2025
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Software (continued)
Mitchell International, Inc., 2024 1st Lien Term Loan,
(1-mo. CME Term SOFR at 0.50% Floor + 3.25%),
7.41%, 06/17/31
USD
897
$ 895,339
RealPage, Inc., 2024 Incremental Term Loan, (3-mo.
CME Term SOFR at 0.50% Floor + 3.75%), 7.75%,
04/24/28
 
785
787,018
 
 
18,403,074
Technology Hardware, Storage & Peripherals — 0.0%
Cubic Corp.
 
2025 Second Out Term Loan B, (3-mo. CME Term
SOFR at 0.75% Floor + 4.51%), 8.83%, 05/25/29
 
727
413,978
2025 Second Out Term Loan C, (3-mo. CME Term
SOFR at 0.75% Floor + 4.51%), 8.57%, 05/25/29
 
104
59,273
 
 
473,251
Textiles, Apparel & Luxury Goods — 0.1%
Beach Acquisition Bidco LLC, USD Term Loan B, (3-mo.
CME Term SOFR at 0.00% Floor + 3.25%), 7.31%,
09/12/32
 
889
892,707
Wireless Telecommunication Services — 0.3%
Altice France SA, 2023 USD Term Loan B14, (3-mo.
CME Term SOFR at 0.00% Floor + 5.50%), 9.82%,
08/15/28(d)
 
1,552
1,497,892
Digicel International Finance Ltd., 2025 Term Loan B,
(3-mo. CME Term SOFR at 0.00% Floor + 5.25%),
9.49%, 08/06/32
 
1,555
1,553,056
Level 3 Financing, Inc., 2025 Repriced Term Loan B4,
03/29/32(m)
 
794
794,000
Windstream Services, LLC, 2025 Term Loan B,
09/24/32(d)(m)
 
1,157
1,145,430
 
 
4,990,378
Total Floating Rate Loan Interests — 10.2%
(Cost: $161,711,927)
161,027,685
 
 

Shares
 
Investment Companies
Fixed Income Funds — 1.1%
iShares Broad USD High Yield Corporate Bond
ETF(n)(o)
 
488,154
18,442,458
Total Investment Companies — 1.1%
(Cost: $17,754,161)
18,442,458
 
 
Par
(000)
 
Preferred Securities
Capital Trusts — 6.2%(b)
Automobiles(a)(h) — 0.0%
Volkswagen International Finance NV
 
5.49%
EUR
100
121,189
5.99%
 
100
121,839
 
 
243,028
Banks(h) — 1.9%
Bank of America Corp.
 
6.25%
USD
2,625
2,658,538
Security
 
Par
(000)
Value
Banks (continued)
Bank of America Corp.(continued)
 
6.63%
USD
6,140
$ 6,388,602
Barclays PLC
 
4.38%
 
2,490
2,388,736
7.63%
 
1,000
1,059,684
8.00%
 
400
423,419
9.63%
 
3,745
4,251,556
BPER Banca SpA, 6.50%(a)
EUR
200
245,694
CaixaBank SA, 7.50%(a)
 
200
261,321
Citigroup, Inc.
 
6.88%, 12/31/99
USD
1,020
1,051,168
Series CC, 7.13%
 
3,685
3,807,058
Series DD, 7.00%
 
860
913,449
Series EE, 6.75%
 
2,126
2,158,456
Series FF, 6.95%
 
856
879,118
NatWest Group PLC, 8.13%
 
1,115
1,255,217
PNC Financial Services Group, Inc., Series W, 6.25%
 
644
660,809
Wells Fargo & Co., 6.85%
 
876
920,580
 
 
29,323,405
Building Products — 0.0%
Nationwide Building Society, 7.50%(a)(h)
GBP
235
324,010
Diversified Telecommunication Services(a)(h) — 0.0%
Telefonica Europe BV
 
6.14%
EUR
200
253,306
6.75%
 
100
131,098
 
 
384,404
Electric Utilities — 0.3%
AES Corp., 7.60%, 01/15/55
USD
1,441
1,492,668
CenterPoint Energy, Inc., Series B, 6.85%, 02/15/55
 
482
511,259
Dominion Energy, Inc., 6.63%, 05/15/55
 
335
346,701
Duke Energy Corp., 6.45%, 09/01/54
 
916
967,551
EDP SA, 4.75%, 05/29/54(a)
EUR
100
121,485
Electricite de France SA, (a)(c)(h)
 
100
116,525
NextEra Energy Capital Holdings, Inc., 6.38%, 08/15/55
USD
1,275
1,323,910
 
 
4,880,099
Financial Services — 1.7%
Apollo Global Management, Inc., 6.00%, 12/15/54
 
1,767
1,755,347
Aptiv Swiss Holdings Ltd., 6.88%, 12/15/54
 
1,200
1,225,979
Brookfield Finance, Inc., 6.30%, 01/15/55
 
2,930
2,905,001
Corebridge Financial, Inc., 6.38%, 09/15/54
 
1,221
1,253,233
Credit Agricole SA, 5.88%(a)(h)
EUR
100
119,277
Deutsche Bank AG(a)(h)
 
7.13%
 
200
247,725
7.38%
 
200
253,069
Goldman Sachs Group, Inc., 6.85%(h)
USD
1,950
2,025,520
Societe Generale SA, 8.13%(f)(h)
 
482
504,901
UBS Group AG(f)(h)
 
6.60%
 
1,355
1,362,251
6.85%
 
775
799,167
7.00%
 
3,660
3,738,639
7.13%
 
1,615
1,661,764
7.75%
 
2,535
2,735,797
Series NC10, 9.25%
 
2,519
2,999,794
Series NC5, 9.25%
 
2,275
2,505,944
 
 
26,093,408
Independent Power and Renewable Electricity Producers(f)(h) — 0.5%
NRG Energy, Inc., 10.25%
 
2,614
2,850,217
Vistra Corp., 7.00%
 
4,073
4,135,194
 
 
6,985,411
18

Consolidated Schedule of Investments (unaudited)(continued)
September 30, 2025
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Insurance — 0.0%
NN Group NV, 5.75%(a)(h)
EUR
200
$ 237,914
Internet Software & Services — 0.0%
Rakuten Group, Inc., 8.13%(f)(h)
USD
505
524,945
Metals & Mining — 0.0%
Prysmian SpA, 5.25%(a)(h)
EUR
150
183,705
Multi-Utilities — 0.1%
AltaGas Ltd., 7.20%, 10/15/54(f)
USD
1,135
1,174,059
Centrica PLC, 6.50%, 05/21/55(a)
GBP
100
137,684
 
 
1,311,743
Oil, Gas & Consumable Fuels — 1.6%
Energy Transfer LP, Series G, 7.13%(h)
USD
1,280
1,322,620
Eni SpA, 4.50%(a)(h)
EUR
100
119,866
Sunoco LP, 7.88%(f)(h)
USD
8,323
8,453,754
Var Energi ASA, 7.86%, 11/15/83(a)
EUR
100
130,184
Venture Global LNG, Inc., 9.00%(f)(h)
USD
15,887
15,745,282
 
 
25,771,706
Passenger Airlines — 0.0%
Air France-KLM, 5.75%(a)(h)
EUR
100
119,803
Pharmaceuticals(a) — 0.0%
Bayer AG
 
Series NC5, 6.63%, 09/25/83
 
100
125,220
Series NC8, 7.00%, 09/25/83
 
100
128,725
 
 
253,945
Real Estate Management & Development — 0.0%
Heimstaden Bostad AB, 2.63%(a)(h)
 
375
423,707
Specialty Retail — 0.0%
Unibail-Rodamco-Westfield SE, 4.75%(a)(h)
 
200
238,510
Transportation Infrastructure — 0.0%
Poste Italiane SpA, 2.63%(a)(h)
 
100
113,002
Utilities(a) — 0.1%
Electricite de France SA(h)
 
3.00%
 
200
230,781
3.38%
 
200
225,121
5.13%
 
200
242,311
6.00%
GBP
100
134,902
Enel SpA, 4.25%(h)
EUR
125
148,919
Orsted A/S, 2.50%, 12/31/99
GBP
100
100,889
Veolia Environnement SA, 4.32%(h)
EUR
100
117,638
 
 
1,200,561
 
98,613,306
 
 

Shares
 
Preferred Stocks — 0.7%
Aerospace & Defense — 0.1%
Boeing Co.(e)(j)
 
23,397
1,627,729
Financial Services — 0.1%
Shift4 Payments, Inc.(e)(j)
 
6,896
654,224
Insurance — 0.4%
Alliant Cali, Inc., (Acquired 09/25/24, Cost: $5,947,430),
12/31/79(d)(p)
 
6,038
6,374,679
Security
 
Shares
Value
IT Services(d)(e) — 0.0%
Veritas Kapital Assurance PLC
 
Series G
 
374
$ 8,508
Series G-1
 
258
5,870
 
 
14,378
Semiconductors & Semiconductor Equipment — 0.1%
Microchip Technology, Inc.(e)(j)
 
32,100
1,894,863
 
10,565,873
Total Preferred Securities — 6.9%
(Cost: $104,524,356)
109,179,179
Total Long-Term Investments — 131.7%
(Cost: $2,026,419,615)
2,086,342,517
Short-Term Securities
Money Market Funds — 0.3%
BlackRock Liquidity Funds, T-Fund, Institutional Shares,
4.01%(n)(q)
 
4,779,728
4,779,728
Total Short-Term Securities — 0.3%
(Cost: $4,779,728)
4,779,728
Total Investments — 132.0%
(Cost: $2,031,199,343)
2,091,122,245
Liabilities in Excess of Other Assets — (32.0)%
(507,306,360
)
Net Assets — 100.0%
$ 1,583,815,885
(a)
This security may be resold to qualified foreign investors and foreign institutional buyers
under Regulation S of the Securities Act of 1933.
(b)
Variable rate security. Interest rate resets periodically. The rate shown is the effective
interest rate as of period end. Security description also includes the reference rate and
spread if published and available.
(c)
When-issued security.
(d)
Security is valued using significant unobservable inputs and is classified as Level 3 in the
fair value hierarchy.
(e)
Non-income producing security.
(f)
Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933,
as amended. These securities may be resold in transactions exempt from registration to
qualified institutional investors.
(g)
Payment-in-kind security which may pay interest/dividends in additional par/shares
and/or in cash. Rates shown are the current rate and possible payment rates.
(h)
Perpetual security with no stated maturity date.
(i)
Issuer filed for bankruptcy and/or is in default.
(j)
Convertible security.
(k)
Zero-coupon bond.
(l)
Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-
down bond) at regular intervals until maturity. Interest rate shown reflects the rate
currently in effect.
(m)
Represents an unsettled loan commitment at period end. Certain details associated with
this purchase are not known prior to the settlement date, including coupon rate.
(n)
Affiliate of the Trust.
(o)
All or a portion of the security has been pledged and/or segregated as collateral in
connection with outstanding exchange-traded options written.
(p)
Restricted security as to resale, excluding 144A securities. The Trust held restricted
securities with a current value of $6,374,679, representing 0.4% of its net assets as of
period end, and an original cost of $5,947,430.
(q)
Annualized 7-day yield as of period end.
For purposes of this report, industry and sector sub-classifications may differ from those utilized by the Trust for compliance purposes.
Consolidated Schedule of Investments
19

Consolidated Schedule of Investments (unaudited)(continued)
September 30, 2025
BlackRock Corporate High Yield Fund, Inc. (HYT)
Affiliates
Investments in issuers considered to be affiliate(s) of the Trust during the period ended September 30, 2025 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:
Affiliated Issuer
Value at
12/31/24
Purchases
at Cost
Proceeds
from Sales
Net
Realized
Gain (Loss)
Change in
Unrealized
Appreciation
(Depreciation)
Value at
09/30/25
Shares
Held at
09/30/25
Income
Capital Gain
Distributions
from
Underlying
Funds
BlackRock Liquidity Funds, T-Fund, Institutional Shares
$ 
$ 4,779,728
(a)
$ 
$ 
$ 
$ 4,779,728
4,779,728
$ 44,788
$ 
iShares Broad USD High Yield Corporate Bond ETF
32,859,136
(14,863,087
)
(58,113
)
504,522
18,442,458
488,154
994,260
 
$ (58,113
)
$ 504,522
$ 23,222,186
$ 1,039,048
$ 
(a)
Represents net amount purchased (sold).
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts
Description
Number of
Contracts
Expiration
Date
Notional
Amount (000)
Value/
Unrealized
Appreciation
(Depreciation)
Short Contracts
U.S. Long Bond
5
12/19/25
$ 583
$ (1,726
)
Ultra U.S. Treasury Bond
7
12/19/25
841
(4,167
)
 
$ (5,893
)
Forward Foreign Currency Exchange Contracts
Currency Purchased
Currency Sold
Counterparty
Settlement Date
Unrealized
Appreciation
(Depreciation)
USD
2,092,133
EUR
1,771,000
Deutsche Bank AG
12/17/25
$ 3,772
USD
62,484,377
EUR
52,841,000
Morgan Stanley & Co. International PLC
12/17/25
174,332
USD
40,113
EUR
34,000
UBS AG
12/17/25
20
USD
290,645
GBP
214,492
Morgan Stanley & Co. International PLC
12/17/25
2,146
USD
6,448,610
GBP
4,755,000
Morgan Stanley & Co. International PLC
12/17/25
52,966
 
 
 
 
 
 
233,236
USD
192,117
EUR
164,000
Deutsche Bank AG
12/17/25
(1,271
)
USD
292,681
EUR
249,000
Deutsche Bank AG
12/17/25
(939
)
USD
1,727,518
EUR
1,466,062
Morgan Stanley & Co. International PLC
12/17/25
(1,261
)
USD
274,179
EUR
233,000
State Street Bank and Trust Co.
12/17/25
(574
)
 
 
 
 
 
 
(4,045
)
 
$ 229,191
Centrally Cleared Credit Default Swaps — Sell Protection
Reference Obligation/Index
Financing
Rate Received
by the Trust
Payment
Frequency
Termination
Date
Credit
Rating(a)
Notional
Amount (000)(b)
Value
Upfront
Premium
Paid
(Received)
Unrealized
Appreciation
(Depreciation)
CDX.NA.HY.45.V1
5.00
% 
Quarterly
12/20/30
B
USD
30,003
$ 2,358,276
$ 2,282,560
$ 75,716
(a)
Using the rating of the issuer or the underlying securities of the index, as applicable, provided by S&P Global Ratings.
(b)
The maximum potential amount the Trust may pay should a negative credit event take place as defined under the terms of the agreement.
20

Consolidated Schedule of Investments (unaudited)(continued)
September 30, 2025
BlackRock Corporate High Yield Fund, Inc. (HYT)
OTC Credit Default Swaps — Sell Protection
Reference Obligation/Index
Financing
Rate Received
by the Trust
Payment
Frequency
Counterparty
Termination
Date
Credit
Rating(a)
Notional
Amount (000)(b)
Value
Upfront
Premium
Paid
(Received)
Unrealized
Appreciation
(Depreciation)
Virgin Media Finance PLC
5.00
% 
Quarterly
JPMorgan Chase Bank N.A.
12/20/25
B-
EUR
70
$ 865
$ 1,284
$ (419
)
CMA CGM SA
5.00
Quarterly
Morgan Stanley & Co.
International PLC
06/20/27
BB+
EUR
125
10,475
11,120
(645
)
Adler Real Estate AG
5.00
Quarterly
Bank of America N.A.
12/20/27
CCC
EUR
35
2,320
(3,361
)
5,681
Adler Real Estate AG
5.00
Quarterly
Barclays Bank PLC
12/20/27
CCC
EUR
21
1,395
(1,915
)
3,310
Adler Real Estate AG
5.00
Quarterly
Barclays Bank PLC
12/20/27
CCC
EUR
60
3,920
(5,383
)
9,303
Adler Real Estate AG
5.00
Quarterly
Citibank N.A.
12/20/27
CCC
EUR
17
1,138
(1,599
)
2,737
Adler Real Estate AG
5.00
Quarterly
JPMorgan Chase Bank N.A.
12/20/27
CCC
EUR
36
2,380
(3,526
)
5,906
Adler Real Estate AG
5.00
Quarterly
Morgan Stanley & Co.
International PLC
12/20/27
CCC
EUR
26
1,726
(2,475
)
4,201
Faurecia SE
5.00
Quarterly
Barclays Bank PLC
06/20/29
BB-
EUR
80
10,134
8,050
2,084
Faurecia SE
5.00
Quarterly
Goldman Sachs International
06/20/29
BB-
EUR
59
7,474
5,227
2,247
iTraxx.XO.42.V3 20-35%
5.00
Quarterly
BNP Paribas SA
12/20/29
B
EUR
109
17,886
13,126
4,760
iTraxx.XO.42.V3 20-35%
5.00
Quarterly
BNP Paribas SA
12/20/29
B
EUR
140
22,973
17,938
5,035
iTraxx.XO.42.V3 20-35%
5.00
Quarterly
Goldman Sachs International
12/20/29
B
EUR
76
12,471
11,991
480
Zegona Finance PLC
5.00
Quarterly
BNP Paribas SA
06/20/30
BB
EUR
32
5,803
5,353
450
Zegona Finance PLC
5.00
Quarterly
Deutsche Bank AG
06/20/30
BB
EUR
32
5,759
4,201
1,558
Virgin Media Finance PLC
5.00
Quarterly
Goldman Sachs International
12/20/30
B-
EUR
30
2,809
2,914
(105
)
 
 
 
 
 
 
$ 109,528
$ 62,945
$ 46,583
(a)
Using the rating of the issuer or the underlying securities of the index, as applicable, provided by S&P Global Ratings.
(b)
The maximum potential amount the Trust may pay should a negative credit event take place as defined under the terms of the agreement.
OTC Total Return Swaps
Paid by the Trust
Received by the Trust
 
 
 
 
 
 
 
 
Rate/Reference
Frequency
Rate/Reference
Frequency
Counterparty
Effective
Date
Termination
Date
Notional
Amount (000)
Value
Upfront
Premium
Paid
(Received)
Unrealized
Appreciation
(Depreciation)
1-day SOFR, 4.24%
Quarterly
Markit iBoxx $ Liquid
High Yield Index
At Termination
Morgan Stanley &
Co. International
PLC
N/A
12/20/25
USD
693
$ 42,844
$ (3,598
)
$ 46,442
1-day SOFR, 4.24%
Quarterly
Markit iBoxx $ Liquid
High Yield Index
At Termination
JPMorgan Chase
Bank N.A.
N/A
03/20/26
USD
631
27,116
(5,939
)
33,055
1-day SOFR, 4.24%
Quarterly
Markit iBoxx $ Liquid
High Yield Index
At Termination
JPMorgan Chase
Bank N.A.
N/A
03/20/26
USD
904
40,476
(9,378
)
49,854
1-day SOFR, 4.24%
Quarterly
Markit iBoxx $ Liquid
High Yield Index
At Termination
Morgan Stanley &
Co. International
PLC
N/A
03/20/26
USD
693
44,769
(3,514
)
48,283
1-day SOFR, 4.24%
Quarterly
Markit iBoxx $ Liquid
High Yield Index
At Termination
Morgan Stanley &
Co. International
PLC
N/A
03/20/26
USD
693
41,335
(3,684
)
45,019
1-day SOFR, 4.24%
Quarterly
Markit iBoxx USD
Liquid Leveraged
Loan Index
At Termination
Morgan Stanley &
Co. International
PLC
N/A
03/20/26
USD
1,875
49,473
(17,649
)
67,122
1-day SOFR, 4.24%
Quarterly
Markit iBoxx USD
Liquid Leveraged
Loan Index
Quarterly
Morgan Stanley &
Co. International
PLC
N/A
03/20/26
USD
3,750
95,468
(35,747
)
131,215
1-day SOFR, 4.24%
Quarterly
Markit iBoxx $ Liquid
High Yield Index
 
Morgan Stanley &
Co. International
PLC
N/A
06/20/26
USD
3,272
39,981
(29,711
)
69,692
1-day SOFR, 4.24%
Quarterly
Markit iBoxx $ Liquid
High Yield Index
 
Morgan Stanley &
Co. International
PLC
N/A
06/20/26
USD
4,576
30,848
(42,679
)
73,527
1-day SOFR, 4.24%
Quarterly
Markit iBoxx $ Liquid
High Yield Index
 
Morgan Stanley &
Co. International
PLC
N/A
06/20/26
USD
2,290
8,858
(22,478
)
31,336
Consolidated Schedule of Investments
21

Consolidated Schedule of Investments (unaudited)(continued)
September 30, 2025
BlackRock Corporate High Yield Fund, Inc. (HYT)
OTC Total Return Swaps (continued)
Paid by the Trust
Received by the Trust
 
 
 
 
 
 
 
 
Rate/Reference
Frequency
Rate/Reference
Frequency
Counterparty
Effective
Date
Termination
Date
Notional
Amount (000)
Value
Upfront
Premium
Paid
(Received)
Unrealized
Appreciation
(Depreciation)
1-day SOFR, 4.24%
Quarterly
Markit iBoxx $ Liquid
High Yield Index
 
Morgan Stanley &
Co. International
PLC
N/A
06/20/26
USD
262
$ 1,635
$ (2,606
)
$ 4,241
1-day SOFR, 4.24%
Quarterly
Markit iBoxx USD
Liquid Leveraged
Loan Index
 
Morgan Stanley &
Co. International
PLC
N/A
06/20/26
USD
19,659
82,238
(183,355
)
265,593
 
 
 
 
 
 
 
$ 505,041
$ (360,338
)
$ 865,379
Fair Value Hierarchy as of Period End
Various inputs are used in determining the fair value of financial instruments at the measurement date. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows: 
Level 1 – Unadjusted price quotations in active markets/exchanges that the Trust has the ability to access for identical assets or liabilities;
Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and
Level 3 – Inputs that are unobservable and significant to the  entire fair value measurement for the asset or liability (including the Valuation Committee’s assumptions used in determining the fair value of financial instruments).
The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy.  In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds that may not have a secondary market and/or may have a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Trust’s policy regarding valuation of financial instruments, refer to its most recent financial statements.
The following table summarizes the Trust’s financial instruments categorized in the fair value hierarchy.  The breakdown of the Trusts financial instruments into major categories is disclosed in the Consolidated Schedule of Investments above.
 
Level 1
Level 2
Level 3
Total
Assets
Investments
Long-Term Investments
Asset-Backed Securities
$ 
$ 2,309,387
$ 
$ 2,309,387
Common Stocks
Electrical Equipment
Energy Equipment & Services
1,510
1,510
Health Care Providers & Services
14,581
14,581
Hotels, Restaurants & Leisure
1,081,953
1,081,953
Metals & Mining
2,372,586
2,372,586
Oil, Gas & Consumable Fuels
8,667,552
8,667,552
Real Estate Management & Development
1
1
Semiconductors & Semiconductor Equipment
3
3
Specialized REITs
3,808,163
3,808,163
Corporate Bonds
Advertising Agencies
37,420,878
37,420,878
Aerospace & Defense
54,532,098
54,532,098
Air Freight & Logistics
1,716,209
1,716,209
Automobile Components
26,484,568
26,484,568
Automobiles
30,454,366
30,454,366
Banks
8,733,598
8,733,598
Building Materials
53,266,008
53,266,008
Building Products
15,319,878
15,319,878
Capital Markets
25,200,687
25,200,687
22

Consolidated Schedule of Investments (unaudited)(continued)
September 30, 2025
BlackRock Corporate High Yield Fund, Inc. (HYT)
Fair Value Hierarchy as of Period End (continued)
 
Level 1
Level 2
Level 3
Total
Corporate Bonds (continued)
Chemicals
$ 
$ 52,774,123
$ 
$ 52,774,123
Commercial Services & Supplies
89,633,482
89,633,482
Communications Equipment
5,224,274
5,224,274
Construction & Engineering
8,828,065
8,828,065
Consumer Discretionary
13,594,561
13,594,561
Consumer Finance
11,083
40,287,388
40,298,471
Consumer Staples Distribution & Retail
7,796,206
7,796,206
Containers & Packaging
60,783,991
3,530,880
64,314,871
Distributors
3,818,969
3,818,969
Diversified Consumer Services
63,710
63,710
Diversified REITs
20,756,754
20,756,754
Diversified Telecommunication Services
102,782,289
102,782,289
Electric Utilities
18,844,902
18,844,902
Electronic Equipment, Instruments & Components
4,557,037
4,557,037
Energy Equipment & Services
24,929,890
24,929,890
Entertainment
4,592,632
4,592,632
Environmental, Maintenance & Security Service
14,075,951
14,075,951
Financial Services
49,224,185
49,224,185
Food Products
18,788,763
18,788,763
Ground Transportation
1,175,840
1,175,840
Health Care Equipment & Supplies
9,192,607
9,192,607
Health Care Providers & Services
62,661,950
62,661,950
Health Care REITs
7,758,858
7,758,858
Hotel & Resort REITs
21,933,089
21,933,089
Hotels, Restaurants & Leisure
108,560,965
108,560,965
Household Durables
20,081,355
20,081,355
Independent Power and Renewable Electricity Producers
31,275,566
31,275,566
Industrial Conglomerates
2,891,236
2,891,236
Insurance
121,191,715
121,191,715
Interactive Media & Services
5,386,746
5,386,746
Internet Software & Services
16,574,202
16,574,202
IT Services
22,685,104
22,685,104
Leisure Products
516,987
516,987
Machinery
21,120,392
21,120,392
Media
100,970,334
100,970,334
Metals & Mining
56,574,168
56,574,168
Mortgage Real Estate Investment Trusts (REITs)
6,602,770
6,602,770
Multi-Utilities
703,502
703,502
Oil, Gas & Consumable Fuels
152,514,612
152,514,612
Passenger Airlines
7,801,845
7,801,845
Personal Care Products
2,017,033
2,017,033
Pharmaceuticals
32,389,256
32,389,256
Real Estate Management & Development
8,738,895
8,738,895
Retail REITs
1,768,855
1,768,855
Semiconductors & Semiconductor Equipment
5,119,903
5,119,903
Software
92,185,291
92,185,291
Specialty Retail
3,942,634
3,942,634
Technology Hardware, Storage & Peripherals
1,378,599
1,378,599
Textiles, Apparel & Luxury Goods
9,091,506
9,091,506
Transportation Infrastructure
748,110
748,110
Wireless Telecommunication Services
21,035,493
21,035,493
Fixed Rate Loan Interests
24,820,616
24,820,616
Floating Rate Loan Interests
155,218,950
5,808,735
161,027,685
Investment Companies
18,442,458
18,442,458
Preferred Securities
Capital Trusts
98,613,306
98,613,306
Preferred Stocks
4,176,816
6,389,057
10,565,873
Consolidated Schedule of Investments
23

Consolidated Schedule of Investments (unaudited)(continued)
September 30, 2025
BlackRock Corporate High Yield Fund, Inc. (HYT)
Fair Value Hierarchy as of Period End (continued)
 
Level 1
Level 2
Level 3
Total
Short-Term Securities
Money Market Funds
$ 4,779,728
$ 
$ 
$ 4,779,728
Unfunded Floating Rate Loan Interests(a)
5,017
5,017
Liabilities
Unfunded Floating Rate Loan Interests(a)
(441
)
(441
)
 
$43,341,852
$2,032,056,296
$15,728,673
$2,091,126,821
Derivative Financial Instruments(b)
Assets
Credit Contracts
$ 
$ 123,468
$ 
$ 123,468
Foreign Currency Exchange Contracts
233,236
233,236
Interest Rate Contracts
865,379
865,379
Liabilities
Credit Contracts
(1,169
)
(1,169
)
Foreign Currency Exchange Contracts
(4,045
)
(4,045
)
Interest Rate Contracts
(5,893
)
(5,893
)
 
$(5,893
)
$1,216,869
$
$1,210,976
(a)
Unfunded floating rate loan interests are valued at the unrealized appreciation (depreciation) on the commitment.
(b)
Derivative financial instruments are swaps, futures contracts and forward foreign currency exchange contracts. Swaps, futures contracts and forward foreign currency exchange
contracts are valued at the unrealized appreciation (depreciation) on the instrument.
The Trust may hold assets and/or liabilities in which the fair value approximates the carrying amount for financial reporting purposes. As of period end, bank borrowings payable of $504,000,000 are categorized as Level 2 within the fair value hierarchy.
A reconciliation of Level 3 financial instruments is presented when the Trust had a significant amount of Level 3 investments and derivative financial instruments at the beginning and/or end of the period in relation to net assets. The following table is a reconciliation of Level 3 investments for which significant unobservable inputs were used in determining fair value:
 
Common
Stocks
Corporate
Bonds
Fixed
Rate Loan
Interests
Floating
Rate Loan
Interests
Preferred
Stocks
Warrants
Total
Assets
Opening balance, as of December 31, 2024
$ 1
$ 56,972
$ 14,380,073
$ 7,404,381
$ 16,440,550
$ 30
$ 38,282,007
Transfers into Level 3
2,770,200
556,793
3,326,993
Transfers out of Level 3
(56,972
)
(12,882
)
(10,248,016
)
(10,317,870
)
Other(a)
(8,992,000
)
8,992,000
Accrued discounts/premiums
120,188
4,357
20,520
145,065
Net realized gain (loss)
39,137
(131,395
)
(1,397,111
)
(1,489,369
)
Net change in unrealized appreciation (depreciation)(b)
69,492
51,659
(113,133
)
1,134,899
(30
)
1,142,887
Purchases
571,000
470,588
5,067,855
6,109,443
Sales
(5,940,932
)
(5,740,270
)
(9,789,281
)
(21,470,483
)
Closing balance, as of September 30, 2025
$ 1
$ 3,530,880
$ 
$ 5,808,735
$ 6,389,057
$ 
$ 15,728,673
Net change in unrealized appreciation (depreciation) on investments still held at
September 30, 2025(b)
$ 
$ 69,492
$ 
$ 17,777
$ 404,895
$ 
$ 492,164
(a)
Certain Level 3 investments were re-classified between Fixed Rate Loan Interests and Floating Rate Loan Interests.
(b)
Any difference between net change in unrealized appreciation (depreciation) and net change in unrealized appreciation (depreciation) on investments still held at September 30, 2025 is
generally due to investments no longer held or categorized as Level 3 at period end.
Currency Abbreviation 
EUR
Euro
GBP
British Pound
Currency Abbreviation (continued)
USD
United States Dollar
24

Consolidated Schedule of Investments (unaudited)(continued)
September 30, 2025
BlackRock Corporate High Yield Fund, Inc. (HYT)
Portfolio Abbreviation 
CLO
Collateralized Loan Obligation
CME
Chicago Mercantile Exchange
CMT
Constant Maturity Treasury
DAC
Designated Activity Company
ETF
Exchange-Traded Fund
EURIBOR
Euro Interbank Offered Rate
PIK
Payment-in-Kind
REIT
Real Estate Investment Trust
SOFR
Secured Overnight Financing Rate
SONIA
Sterling Overnight Interbank Average Rate
Consolidated Schedule of Investments
25