NPORT-EX 2 NPORT_LCQR_99643709_1022.htm BlackRock MuniYield Fund

Schedule of Investments (unaudited)

October 31, 2022

   

BlackRock MuniYield Fund, Inc. (MYD)

(Percentages shown are based on Net Assets)

 

Security  

Par

(000)

     Value  

Municipal Bonds

    
Alabama — 2.9%            

Black Belt Energy Gas District, RB, Series F, 5.50%, 11/01/53

   $ 830     $ 839,316  

County of Jefferson Alabama Sewer Revenue, Refunding RB

    

Series A, Senior Lien, (AGM), 5.00%, 10/01/44

     1,665       1,678,284  

Series A, Senior Lien, (AGM), 5.25%, 10/01/48

     3,175       3,215,440  

Series D, Sub Lien, 6.00%, 10/01/42

         7,410       7,715,929  

Southeast Energy Authority A Cooperative District, RB, Series A-1, 5.50%, 01/01/53

     1,405       1,432,143  
   

 

 

  
          14,881,112  
Arizona — 3.2%            

Glendale Industrial Development Authority, RB

    

5.00%, 05/15/41

     190       168,492  

5.00%, 05/15/56

     750       617,376  

Industrial Development Authority of the City of Phoenix, RB, Series A, 5.00%, 07/01/46(a)

     3,575       3,134,785  

Salt Verde Financial Corp., RB

    

5.00%, 12/01/32

     7,365       7,261,809  

5.00%, 12/01/37

     5,000       4,913,225  
   

 

 

  
      16,095,687  
Arkansas(a) — 0.8%            

Arkansas Development Finance Authority, RB

    

Series A, AMT, 4.50%, 09/01/49

     3,330       2,612,055  

Series A, AMT, 4.75%, 09/01/49

     1,570       1,275,013  
   

 

 

  
      3,887,068  
California — 6.8%            

Bay Area Toll Authority, Refunding RB, 4.00%, 04/01/42

     6,490       5,945,132  

California Educational Facilities Authority, RB, Series V-1, 5.00%, 05/01/49

     2,010       2,111,077  

California Health Facilities Financing Authority, Refunding RB

    

Series A, 5.00%, 07/01/23(b)

     2,560       2,591,762  

Series A, 4.00%, 04/01/45

     820       668,976  

Series A, 4.00%, 08/15/48

     4,805       4,135,803  

California Municipal Finance Authority, RB, S/F Housing

    

Series A, 5.25%, 08/15/39

     305       305,560  

Series A, 5.25%, 08/15/49

     770       770,875  

California Pollution Control Financing Authority, RB, Series A, AMT, 5.00%, 11/21/45(a)

     1,650       1,560,621  

California State Public Works Board, RB, Series I, 5.00%, 11/01/38

     1,605       1,624,332  

California Statewide Financing Authority, RB, Series A, 6.00%, 05/01/43

     3,285       3,285,798  

City of Los Angeles Department of Airports, ARB, Series A, AMT, 4.00%, 05/15/49

     4,370       3,368,772  

City of Los Angeles Department of Airports, Refunding ARB, Series D, AMT, Subordinate, 5.00%, 05/15/46 .

     2,425       2,369,909  

CMFA Special Finance Agency XII, RB, M/F Housing, Series A, 3.25%, 02/01/57(a)

     500       308,711  

CSCDA Community Improvement Authority, RB, M/F Housing(a)

    

4.00%, 10/01/56

     235       172,009  

4.00%, 12/01/56

     340       217,492  

Series A, 4.00%, 06/01/58

     1,410       1,030,484  

Senior Lien, 3.13%, 06/01/57

     1,215       734,516  
Security  

Par

(000)

     Value  
California (continued)            

CSCDA Community Improvement Authority, RB, M/F Housing(a) (continued)

    

Series A, Senior Lien, 4.00%, 12/01/58

   $ 715     $ 485,547  

San Diego County Regional Airport Authority, ARB, Series B, AMT, Subordinate, 4.00%, 07/01/56

     1,215       932,076  

San Francisco City & County Airport Comm-San Francisco International Airport, Refunding RB, Series A, AMT, 4.00%, 05/01/52

     1,295       1,033,688  

State of California, GO, (AMBAC), 5.00%, 04/01/31

     10       10,014  

Stockton Public Financing Authority, RB, Series A, 6.25%, 10/01/23(b)

     740       760,716  
   

 

 

  
      34,423,870  
Colorado — 3.5%            

Arapahoe County School District No.6 Littleton, GO, Series A, (SAW), 5.50%, 12/01/43

         2,635       2,818,760  

Board of Governors of Colorado State University System, Refunding RB, Series C, (ST HGR ED INTERCEPT PROG), 4.00%, 03/01/47

     4,265       3,573,976  

City & County of Denver Colorado Airport System Revenue, Refunding ARB, Series A, AMT, 5.50%, 11/15/53

     3,580       3,633,918  

Colorado Health Facilities Authority, RB

    

5.50%, 11/01/47

     355       358,935  

5.25%, 11/01/52

     745       731,398  

Colorado Health Facilities Authority, Refunding RB, Series A, 4.00%, 08/01/44

     3,735       3,011,452  

Denver Connection West Metropolitan District, GO, Series A, 5.38%, 12/01/22(b)

     1,250       1,289,565  

State of Colorado, COP, BAB, Series O, 4.00%, 03/15/44

     2,695       2,387,878  
   

 

 

  
      17,805,882  
Connecticut — 0.2%            

Connecticut Housing Finance Authority, Refunding RB, M/F Housing, Series A-1, 3.50%, 11/15/51

     955       893,581  
   

 

 

  
Delaware — 0.5%            

Delaware Transportation Authority, RB, 5.00%, 06/01/55

     2,430       2,357,494  
   

 

 

  
District of Columbia — 7.9%            

District of Columbia, Refunding RB

    

5.00%, 04/01/35

     910       919,702  

Catholic Health Services, 5.00%, 10/01/48

     4,875       4,806,838  

District of Columbia, TA, 5.13%, 06/01/41

     4,440       4,440,861  

Metropolitan Washington Airports Authority Aviation Revenue, Refunding ARB

    

Series A, AMT, 4.00%, 10/01/40

     860       744,573  

Series A, AMT, 4.00%, 10/01/41

     1,855       1,587,034  

Metropolitan Washington Airports Authority Dulles Toll Road Revenue, Refunding RB

    

Series B, 2nd Senior Lien, (AGC), 0.00%, 10/01/31(c)

     8,350       5,625,370  

Series B, 2nd Senior Lien, (AGC), 0.00%, 10/01/32(c)

     15,000       9,574,500  

Series B, 2nd Senior Lien, (AGC), 0.00%, 10/01/33(c)

     13,410       8,053,080  

Class B, Subordinate, (AGM), 4.00%, 10/01/53

     3,790       2,996,382  

Series B, Subordinate, 4.00%, 10/01/49

     1,615       1,285,577  
   

 

 

  
      40,033,917  
 

 

 

1  

    

Schedule of Investments (unaudited) (continued)

October 31, 2022

   

BlackRock MuniYield Fund, Inc. (MYD)

(Percentages shown are based on Net Assets)

 

Security  

Par

(000)

      Value  
Florida — 3.6%             

Alachua County Health Facilities Authority, RB, Series A, 5.00%, 12/01/44

   $     4,825      $     4,596,932  

Broward County Florida Water & Sewer Utility Revenue, RB, Series A, 4.00%, 10/01/47

     445        394,255  

Capital Projects Finance Authority, Refunding RB

     

Series A-1, 5.00%, 10/01/32

     405        396,258  

Series A-1, 5.00%, 10/01/33

     455        440,537  

Series A-1, 5.00%, 10/01/34

     455        436,286  

Series A-1, 5.00%, 10/01/35

     150        142,336  

Collier County Health Facilities Authority, Refunding RB, Series A, 5.00%, 05/01/45

     2,790        2,793,103  

Florida Development Finance Corp., RB

     

Series A, 5.00%, 06/15/40

     455        427,733  

Series A, 5.00%, 06/15/50

     1,510        1,349,476  

Series A, 5.00%, 06/15/55

     905        795,040  

Florida Housing Finance Corp., RB, S/F Housing, Series 1, (FHLMC, FNMA, GNMA), 3.50%, 07/01/52

     2,665        2,536,515  

Volusia County Educational Facility Authority, Refunding RB, 5.00%, 10/15/49

     3,695        3,723,481  
    

 

 

  
       18,031,952  
Georgia — 4.1%             

Dalton Whitfield County Joint Development Authority, 4.00%, 08/15/48

     6,660        5,477,044  

Georgia Housing & Finance Authority, RB, S/F Housing

     

3.60%, 12/01/44

     3,030        2,400,090  

Series B, 2.50%, 06/01/50

     1,485        867,885  

Georgia Housing & Finance Authority, Refunding RB, S/F Housing, Series A, 4.00%, 06/01/49

     1,245        1,243,479  

Georgia Ports Authority, RB, 4.00%, 07/01/52

     1,450        1,208,242  

Main Street Natural Gas Inc., RB

     

Series A, 5.00%, 05/15/35

     1,040        1,011,693  

Series A, 5.00%, 05/15/36

     1,040        1,006,044  

Series A, 5.00%, 05/15/37

     1,145        1,096,779  

Series A, 5.00%, 05/15/38

     630        598,693  

Series A, 5.00%, 05/15/49

     2,100        1,906,223  

Municipal Electric Authority of Georgia, RB, 4.00%, 01/01/49

     3,290        2,555,899  

Municipal Electric Authority of Georgia, Refunding RB

     

Sub-Series A, 4.00%, 01/01/49

     1,285        1,032,397  

Series A, Subordinate, 4.00%, 01/01/51

     465        369,979  
    

 

 

  
       20,774,447  
Idaho — 2.0%             

Power County Industrial Development Corp., RB, AMT, 6.45%, 08/01/32

     10,000        10,012,690  
    

 

 

  
Illinois — 9.9%             

Chicago Board of Education, GO

     

Series A, 5.00%, 12/01/42

     1,115        984,305  

Series C, 5.25%, 12/01/35

     3,095        2,951,507  

Series D, 5.00%, 12/01/46

     4,040        3,505,107  

Series H, 5.00%, 12/01/36

     460        423,673  

Chicago Board of Education, Refunding GO

     

Series C, 5.00%, 12/01/25

     1,365        1,361,414  

Series D, 5.00%, 12/01/25

     1,735        1,730,442  

Series D, 5.00%, 12/01/31

     1,000        969,688  

Series G, 5.00%, 12/01/34

     455        432,019  

Chicago O’Hare International Airport, Refunding RB Series A, Senior Lien, 4.00%, 01/01/36

     460        424,703  
Security  

Par

(000)

      Value  
Illinois (continued)             

Chicago O’Hare International Airport, Refunding RB (continued)

     

Series A, Senior Lien, 4.00%, 01/01/38

   $     1,500      $     1,341,968  

Cook County Community College District No.508, GO, 5.50%, 12/01/38

     1,635        1,649,936  

Illinois Finance Authority, RB

     

Series A, 5.00%, 02/15/47

     500        416,419  

Series A, 5.00%, 02/15/50

     270        220,989  

Illinois State Toll Highway Authority, RB

     

Series A, 4.00%, 01/01/42

     1,925        1,684,163  

Series A, 4.00%, 01/01/46

     1,200        1,008,073  

Series C, 5.00%, 01/01/37

     5,815        5,920,659  

Metropolitan Pier & Exposition Authority, RB, Series A, 5.00%, 06/15/57

     1,835        1,656,412  

Metropolitan Pier & Exposition Authority, Refunding RB

     

4.00%, 06/15/50

     570        429,289  

Series B, (AGM), 0.00%, 06/15/44(c)

     10,925        3,351,626  

Series B, (AGM), 0.00%, 06/15/47(c)

     27,225        7,036,927  

State of Illinois, GO

     

5.50%, 07/01/38

     4,000        4,003,628  

5.00%, 02/01/39

     3,195        3,028,949  

Series A, 5.00%, 04/01/38

     2,510        2,387,387  

State of Illinois, Refunding GO, Series B, 5.00%, 10/01/28

     1,000        1,002,361  

University of Illinois, RB, Series A, 5.00%, 04/01/44

     2,045        2,053,798  
    

 

 

  
       49,975,442  
Indiana — 2.7%             

City of Valparaiso Indiana, RB

     

AMT, 6.75%, 01/01/34

     1,635        1,659,880  

AMT, 7.00%, 01/01/44

     3,950        4,011,553  

Indiana Finance Authority, RB(b)

     

Series A, AMT, 5.00%, 07/01/23

     3,925        3,953,979  

Series A, AMT, 5.25%, 07/01/23

     840        847,988  

Indiana Housing & Community Development Authority, RB, S/F Housing, Series A, (FHLMC, FNMA, GNMA), 3.00%, 07/01/52

     595        552,620  

Indianapolis Local Public Improvement Bond Bank, RB, Series A, 5.00%, 01/15/40

     2,580        2,586,643  
    

 

 

  
       13,612,663  
Kansas — 0.1%             

Ellis County Unified School District No.489 Hays, Refunding GO, Series B, (AGM), 4.00%, 09/01/52

     530        438,404  
    

 

 

  
Kentucky — 1.0%             

Kentucky Economic Development Finance Authority, Refunding RB, Series A, (AGM), 5.00%, 12/01/45

     2,625        2,493,587  

Kentucky Public Transportation Infrastructure Authority, RB, CAB, Series C, Convertible, 6.75%, 07/01/43

     2,485        2,592,911  
    

 

 

  
       5,086,498  
Louisiana — 1.3%             

Louisiana Public Facilities Authority, Refunding RB, 5.00%, 04/01/45

     5,500        5,416,147  

Tobacco Settlement Financing Corp., Refunding RB, Series A, 5.25%, 05/15/35

     1,025        1,030,055  
    

 

 

  
       6,446,202  
 

 

 

S C H E D U L E   O F   I N V E S T M E N T S

   2

Schedule of Investments (unaudited) (continued)

October 31, 2022

   

BlackRock MuniYield Fund, Inc. (MYD)

(Percentages shown are based on Net Assets)

 

Security  

Par

(000)

     Value  
Maryland — 0.6%            

Maryland Health & Higher Educational Facilities Authority, RB, Series 2017, 5.00%, 12/01/46

   $ 880     $ 874,328  

Maryland State Transportation Authority, Refunding RB, Series A, 2.50%, 07/01/47

         3,650       2,158,679  
   

 

 

  
      3,033,007  
Massachusetts — 1.9%            

Massachusetts Bay Transportation Authority Sales Tax Revenue, Refunding RB, Series A-1, 5.25%, 07/01/29

     3,250           3,611,221  

Massachusetts Housing Finance Agency, RB, M/F Housing

    

Series C-1, 3.15%, 12/01/49

     1,165       777,463  

Series C-1, 3.25%, 12/01/54

     4,280       2,772,070  

Massachusetts Port Authority, ARB, Series E, AMT, 5.00%, 07/01/51

     2,325       2,238,710  
   

 

 

  
      9,399,464  
Michigan — 3.7%            

Great Lakes Water Authority Sewage Disposal System Revenue, RB

    

Series B, 2nd Lien, 5.25%, 07/01/47

     1,125       1,147,062  

Series B, 2nd Lien, 5.50%, 07/01/52

     2,655       2,764,723  

Series A, Senior Lien, 5.25%, 07/01/52

     2,655       2,716,556  

Great Lakes Water Authority Water Supply System Revenue, RB

    

Series A, Senior Lien, 5.25%, 07/01/52

     2,655       2,684,208  

Series B, Senior Lien, 5.50%, 07/01/52

     2,655       2,768,177  

Michigan Finance Authority, RB, 4.00%, 02/15/44

     1,710       1,439,321  

Michigan State Housing Development Authority, RB, M/F Housing, Series A, 2.70%, 10/01/56

     1,995       1,166,776  

Michigan State University, Refunding RB, Series B, 5.00%, 02/15/48

     2,105       2,148,654  

Michigan Strategic Fund, RB, AMT, 5.00%, 12/31/43

     2,255       1,994,658  
   

 

 

  
      18,830,135  
Minnesota — 2.2%            

Duluth Economic Development Authority, Refunding RB

    

Series A, 4.25%, 02/15/48

     2,160       1,828,807  

Series A, 5.25%, 02/15/53

     1,190       1,190,242  

Series A, 5.25%, 02/15/58

     3,125       3,126,034  

Minnesota Housing Finance Agency, RB, Series H, (FHLMC, FNMA, GNMA), 3.00%, 07/01/52

     1,310       1,221,350  

Minnesota Housing Finance Agency, RB, S/F Housing

    

Series A, (FHLMC, FNMA, GNMA), 2.75%, 07/01/42

     710       503,879  

Series C, (FHLMC, FNMA, GNMA), 3.50%, 07/01/52

     3,665       3,485,213  
   

 

 

  
      11,355,525  
Missouri — 3.7%            

Health & Educational Facilities Authority of the State of Missouri, RB, 4.00%, 06/01/53

     6,030       4,851,388  

Health & Educational Facilities Authority of the State of Missouri, Refunding RB

    

5.50%, 05/01/43

     510       515,687  

Series A, 4.00%, 07/01/46

     1,250       1,078,564  
Security  

Par

(000)

     Value  
Missouri (continued)            

Health & Educational Facilities Authority of the State of Missouri, Refunding RB (continued)

    

Series C, 5.00%, 11/15/47

   $ 5,470     $ 5,284,293  

Kansas City Industrial Development Authority, ARB, Class B, AMT, 5.00%, 03/01/54

     2,680       2,491,031  

Missouri Housing Development Commission, RB, S/F Housing, Series A, (FHLMC, FNMA, GNMA), 3.50%, 05/01/52

         4,780       4,559,843  
   

 

 

  
      18,780,806  
New Hampshire(a) — 0.8%            

New Hampshire Business Finance Authority, Refunding RB

    

Series B, 4.63%, 11/01/42

     3,205           2,675,777  

Series C, AMT, 4.88%, 11/01/42

     1,665       1,401,384  
   

 

 

  
      4,077,161  
New Jersey — 13.0%            

Casino Reinvestment Development Authority, Inc., Refunding RB

    

Class D, 5.25%, 11/01/39

     3,490       3,504,456  

Class D, 5.25%, 11/01/44

     3,180       3,181,307  

Hudson County Improvement Authority, RB, 4.00%, 10/01/46

     3,470       3,042,101  

New Jersey Economic Development Authority, RB

    

4.00%, 11/01/38

     1,075       934,436  

4.00%, 11/01/39

     860       738,371  

5.00%, 06/15/49

     4,850       4,591,820  

Class A, 5.25%, 11/01/47

     3,565       3,514,947  

Series EEE, 5.00%, 06/15/48

     7,780       7,378,124  

Series B, AMT, 6.50%, 04/01/31

     2,005       2,001,022  

New Jersey Economic Development Authority, Refunding RB, AMT, 5.00%, 10/01/47

     3,040       2,826,145  

New Jersey Health Care Facilities Financing Authority, RB, 4.00%, 07/01/51

     9,540       7,790,803  

New Jersey Higher Education Student Assistance Authority, Refunding RB

    

Series B, AMT, 4.00%, 12/01/41

     2,570       2,313,609  

Series C, AMT, Subordinate, 5.00%, 12/01/52

     2,595       2,380,900  

New Jersey Transportation Trust Fund Authority, RB

    

Series BB, 5.00%, 06/15/50

     2,415       2,285,387  

Series C, (AMBAC), 0.00%, 12/15/35(c)

     7,395       3,672,150  

New Jersey Turnpike Authority, RB, Series E, 5.00%, 01/01/45

     5,425       5,463,664  

Tobacco Settlement Financing Corp., Refunding RB

    

Series A, 5.25%, 06/01/46

     5,120       4,910,351  

Sub-Series B, 5.00%, 06/01/46

     5,625       5,153,304  
   

 

 

  
      65,682,897  
New Mexico — 0.7%            

New Mexico Mortgage Finance Authority, RB, S/F Housing

    

Class A, (FHLMC, FNMA, GNMA), 3.00%, 03/01/53

     2,300       2,149,796  

Series C, (FHLMC, FNMA, GNMA), 4.25%, 03/01/53

     1,600       1,589,853  
   

 

 

  
      3,739,649  
 

 

 

3  

    

Schedule of Investments (unaudited) (continued)

October 31, 2022

   

BlackRock MuniYield Fund, Inc. (MYD)

(Percentages shown are based on Net Assets)

 

Security  

Par

(000)

     Value  
New York — 19.1%            

City of New York, GO

    

Series A-1, 4.00%, 09/01/46

   $     1,640     $     1,387,297  

Series C, 5.00%, 08/01/43

     2,330       2,382,204  

Erie Tobacco Asset Securitization Corp., Refunding RB, Series A, 5.00%, 06/01/45

     4,070       3,722,267  

Metropolitan Transportation Authority, RB

    

Series B, 5.25%, 11/15/38

     4,960       4,936,792  

Series B, 5.25%, 11/15/39

     1,765       1,751,353  

Metropolitan Transportation Authority, Refunding RB

    

Series C-1, 4.75%, 11/15/45

     3,335       2,946,446  

Series C-1, 5.00%, 11/15/50

     1,085       983,210  

Series C-1, 5.25%, 11/15/55

     1,605       1,507,207  

Monroe County Industrial Development Corp., Refunding RB

    

4.00%, 12/01/46

     1,090       832,279  

Series A, 4.00%, 07/01/50

     5,575       4,646,489  

New York City Housing Development Corp., RB, M/F Housing

    

Series A, 3.00%, 11/01/55

     2,220       1,341,817  

Series F-1, (FHA), 2.40%, 11/01/46

     5,310       3,106,632  

Series F-1, (FHA), 2.50%, 11/01/51

     3,660       2,184,746  

New York City Industrial Development Agency, Refunding RB

    

Series A, (AGM), 3.00%, 01/01/36

     180       144,125  

Series A, (AGM), 3.00%, 01/01/40

     685       494,961  

New York City Municipal Water Finance Authority, Refunding RB, Series BB-1, 4.00%, 06/15/45

     1,545       1,332,017  

New York City Transitional Finance Authority Future Tax Secured Revenue, RB

    

Series C, Subordinate, 4.00%, 05/01/45

     2,275       1,964,617  

Series F-1, Subordinate, 4.00%, 02/01/51

     840       706,226  

New York Counties Tobacco Trust IV, Refunding RB, Series A, 6.25%, 06/01/41(a)

     3,400       3,380,896  

New York Liberty Development Corp., Refunding RB

    

Series 1, 5.00%, 11/15/44(a)

     8,145       7,128,415  

Series 2, 5.15%, 11/15/34(a)

     705       679,179  

Series 2, 5.38%, 11/15/40(a)

     1,760       1,695,918  

Series A, 2.88%, 11/15/46

     7,060       4,429,388  

New York State Dormitory Authority, Refunding RB, Series D, 4.00%, 02/15/47

     12,585       10,781,947  

New York State Environmental Facilities Corp., RB, Series B, Subordinate, 5.00%, 06/15/48

     3,750       3,841,241  

New York State Thruway Authority, Series B, Subordinate, 4.00%, 01/01/50

     6,065       4,901,278  

New York State Urban Development Corp., RB, Series A, 4.00%, 03/15/49

     16,590       14,065,366  

New York Transportation Development Corp., ARB, Series A, AMT, 5.00%, 07/01/46

     1,525       1,383,692  

New York Transportation Development Corp., RB, AMT, 5.00%, 10/01/35

     2,230       2,159,991  

Triborough Bridge & Tunnel Authority, RB

    

Series A, 5.00%, 11/15/49

     1,790       1,810,764  

Series A, 4.00%, 11/15/54

     2,065       1,718,154  

Series A, 5.00%, 11/15/54

     1,725       1,739,280  

Westchester County Healthcare Corp., RB, Series A, Senior Lien, 5.00%, 11/01/44

     411       383,117  
   

 

 

  
      96,469,311  
Security  

Par

(000)

     Value  
North Carolina — 0.7%            

North Carolina Housing Finance Agency, RB, S/F Housing, (FHLMC, FNMA, GNMA), 3.75%, 07/01/52

   $     1,315     $     1,268,635  

North Carolina Medical Care Commission, RB

    

Series A, 4.00%, 10/01/40

     240       199,716  

Series A, 5.00%, 10/01/40

     360       340,306  

Series A, 4.00%, 10/01/45

     220       173,020  

Series A, 5.00%, 10/01/45

     640       584,800  

Series A, 4.00%, 10/01/50

     270       204,062  

Series A, 5.00%, 10/01/50

     720       643,431  
   

 

 

  
      3,413,970  
North Dakota — 0.6%            

County of Cass North Dakota, Refunding RB, Series B, 5.25%, 02/15/58

     2,000       1,957,204  

North Dakota Housing Finance Agency, RB, S/F Housing, Series B, 3.00%, 07/01/52

     1,330       1,232,812  
   

 

 

  
      3,190,016  
Ohio — 4.0%            

Buckeye Tobacco Settlement Financing Authority, Refunding RB

    

Series A-2, Class 1, 4.00%, 06/01/48

     3,375       2,687,533  

Series B-2, Class 2, 5.00%, 06/01/55

     5,365       4,503,580  

County of Allen Ohio Hospital Facilities Revenue, Refunding RB, Series A, 4.00%, 11/01/44

     4,160       3,427,083  

County of Franklin Ohio, RB

    

Series 2017, 5.00%, 12/01/46

     840       813,778  

Series A, 4.00%, 12/01/44

     1,060       886,689  

County of Hamilton Ohio, RB, Series CC, 5.00%, 11/15/49

     1,130       1,067,123  

County of Hamilton Ohio, Refunding RB

    

4.00%, 08/15/50

     1,245       978,467  

Series A, 3.75%, 08/15/50

     2,190       1,631,232  

County of Montgomery Ohio, Refunding RB, 4.00%, 08/01/46

     1,915       1,575,689  

Ohio Air Quality Development Authority, RB, AMT, 5.00%, 07/01/49(a)

     545       457,195  

State of Ohio, RB, AMT, 5.00%, 06/30/53

     1,685       1,520,827  

The Ohio State University, Series A, 4.00%, 12/01/48

     760       656,401  
   

 

 

  
      20,205,597  
Oklahoma — 1.9%            

Oklahoma Development Finance Authority, RB, Series B, 5.50%, 08/15/57

     2,460       1,969,734  

Oklahoma Turnpike Authority, RB

    

Series A, 4.00%, 01/01/48

     4,320       3,951,716  

Series C, 4.00%, 01/01/42

     4,115       3,827,160  
   

 

 

  
      9,748,610  
Oregon — 0.9%            

Port of Portland Oregon Airport Revenue, Refunding ARB, Series 27-A, AMT, 5.00%, 07/01/45

     3,755       3,642,158  

State of Oregon, GO, 3.00%, 12/01/51

     1,005       984,218  
   

 

 

  
      4,626,376  
Pennsylvania — 4.3%            

Montgomery County Higher Education and Health Authority, Refunding RB

    

Class B, 4.00%, 05/01/52

     4,450       3,559,987  

Series A, 5.00%, 09/01/43

     2,610       2,574,066  

Series A, 4.00%, 09/01/49

     1,185       958,904  
 

 

 

S C H E D U L E   O F   I N V E S T M E N T S

   4

Schedule of Investments (unaudited) (continued)

October 31, 2022

   

BlackRock MuniYield Fund, Inc. (MYD)

(Percentages shown are based on Net Assets)

 

Security  

Par

(000)

     Value  
Pennsylvania (continued)            

Pennsylvania Economic Development Financing Authority, RB, AMT, 5.00%, 06/30/42

   $     1,765     $     1,647,597  

Pennsylvania Economic Development Financing Authority, Refunding RB, AMT, 5.50%, 11/01/44

     3,210       3,061,172  

Pennsylvania Higher Educational Facilities Authority, RB, 4.00%, 08/15/49

     4,875       4,097,959  

Pennsylvania Housing Finance Agency, Refunding RB, S/F Housing, Series 2022, 4.25%, 10/01/52

     2,365       2,335,052  

Pennsylvania Turnpike Commission, RB, Series A, 5.00%, 12/01/44

     2,305       2,238,388  

School District of Philadelphia, GO, Series A, (SAW), 4.00%, 09/01/46

     1,415       1,173,625  
   

 

 

  
      21,646,750  
Puerto Rico — 4.7%            

Children’s Trust Fund, Refunding RB

    

5.50%, 05/15/39

     1,430       1,422,278  

5.63%, 05/15/43

     1,430       1,429,926  

Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, RB

    

Series A-1, Restructured, 4.75%, 07/01/53

     3,817       3,193,073  

Series A-1, Restructured, 5.00%, 07/01/58

     12,161       10,403,991  

Series A-2, Restructured, 4.78%, 07/01/58

     6,236       5,171,215  

Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, RB, CAB, Series A-1, Restructured, 0.00%, 07/01/46(c)

     9,662       2,096,867  
   

 

 

  
      23,717,350  
Rhode Island — 3.8%            

Central Falls Detention Facility Corp., Refunding RB, 7.25%, 07/15/35(d)(e)

     4,155       623,250  

Rhode Island Housing and Mortgage Finance Corp., RB, M/F Housing, Series 76-A, 3.00%, 10/01/51

     2,475       2,286,464  

Tobacco Settlement Financing Corp., Refunding RB

    

Series B, 4.50%, 06/01/45

     7,130       6,584,334  

Series B, 5.00%, 06/01/50

     9,875       9,607,467  
   

 

 

  
      19,101,515  
South Carolina — 4.7%            

South Carolina Jobs-Economic Development Authority, Refunding RB, Series A, 5.00%, 05/01/48

     4,160       3,952,836  

South Carolina Public Service Authority, RB, Series A, 5.50%, 12/01/54

     8,090       8,106,382  

South Carolina Public Service Authority, Refunding RB

    

Series A, 5.00%, 12/01/50

     5,000       4,662,310  

Series E, 5.25%, 12/01/55

     4,550       4,382,742  

South Carolina State Housing Finance & Development Authority, RB, S/F Housing

    

Series A, 3.00%, 01/01/52

     860       811,404  

Series A, 4.00%, 01/01/52

     1,815       1,775,246  
   

 

 

  
      23,690,920  
Tennessee — 1.4%            

Chattanooga Health Educational & Housing Facility Board, Refunding RB, Series A, 4.00%, 08/01/44

     330       265,757  

Memphis-Shelby County Airport Authority, ARB, Series A, AMT, 5.00%, 07/01/45

     2,665       2,520,954  
Security  

Par

(000)

     Value  
Tennessee (continued)            

Metropolitan Government Nashville & Davidson County Health & Educational Facilities Board, RB, Series A, 5.00%, 07/01/40

   $     1,440     $     1,407,668  

Metropolitan Government Nashville & Davidson County Health & Educational Facilities Board, Refunding RB, Series A, 5.25%, 10/01/58

     2,025       1,906,224  

Tennessee Housing Development Agency, Refunding RB, S/F Housing, Series 1, 3.75%, 07/01/52

     1,000       963,528  
   

 

 

  
      7,064,131  
Texas — 9.1%            

City of Houston Texas Airport System Revenue, ARB, Series B-1, AMT, 5.00%, 07/15/30

     3,600       3,505,021  

City of Houston Texas Airport System Revenue, Refunding RB, AMT, 5.00%, 07/01/29

     1,765       1,737,173  

City of San Antonio Texas Electric & Gas Systems Revenue, Refunding RB, Series A, 5.00%, 02/01/48

     2,440       2,464,075  

Clifton Higher Education Finance Corp., RB, 6.00%, 08/15/43

     1,525       1,536,553  

Harris County Cultural Education Facilities Finance Corp., RB

    

Series B, 7.00%, 01/01/23(b)

     485       487,951  

Series B, 6.38%, 01/01/33

     460       460,113  

North Texas Tollway Authority, RB, Series B, 0.00%, 09/01/31(b)(c)

     4,110       1,859,808  

San Antonio Public Facilities Corp., RB, Convertible, 4.00%, 09/15/42

     5,700       4,789,351  

San Antonio Water System, Refunding RB, Series A, Junior Lien, 5.00%, 05/15/48

     2,695       2,734,433  

Tarrant County Cultural Education Facilities Finance Corp., RB

    

Series A, 4.00%, 07/01/53

     1,280       997,647  

Series A, 5.00%, 07/01/53

     1,570       1,477,166  

Series B, 5.00%, 07/01/48

     9,585       9,151,720  

Texas Transportation Commission State Highway 249 System, RB, CAB, Series A, 5.00%, 08/01/57

     2,435       2,231,573  

Texas Water Development Board, RB, Series A, 4.00%, 10/15/49

     14,555       12,446,534  
   

 

 

  
      45,879,118  
Utah — 1.1%            

City of Salt Lake City Utah Airport Revenue, ARB

    

Series A, AMT, 5.00%, 07/01/47

     1,920       1,835,376  

Series A, AMT, 5.00%, 07/01/48

     1,845       1,751,907  

County of Utah, RB

    

Series A, 4.00%, 05/15/43

     450       413,777  

Series A, 3.00%, 05/15/50

     2,065       1,377,030  
   

 

 

  
      5,378,090  
Virginia — 1.8%            

Hampton Roads Transportation Accountability Commission, RB

    

Series A, 4.00%, 07/01/52

     3,050       2,623,854  

Series A, Senior Lien, 4.00%, 07/01/55

     4,950       4,188,289  

Series A, Senior Lien, 4.00%, 07/01/60

     3,110       2,547,370  
   

 

 

  
      9,359,513  
 

 

 

5  

    

Schedule of Investments (unaudited) (continued)

October 31, 2022

   

BlackRock MuniYield Fund, Inc. (MYD)

(Percentages shown are based on Net Assets)

 

Security  

Par

(000)

     Value  
Washington — 2.2%            

Port of Seattle Washington, ARB

    

Series A, AMT, 5.00%, 05/01/43

   $     3,120     $     3,008,248  

Series C, AMT, 5.00%, 04/01/40

     1,565       1,545,337  

Port of Seattle Washington, Refunding ARB, AMT, Intermediate Lien, 5.50%, 08/01/47

     1,330       1,339,137  

Washington Health Care Facilities Authority, RB, Series A, Catholic Health Services, 5.75%, 01/01/23(b)

     4,745       4,765,494  

Washington Health Care Facilities Authority, Refunding RB, Series A, 4.00%, 08/01/44

     715       575,807  
   

 

 

  
      11,234,023  
Wisconsin — 1.2%            

Public Finance Authority, RB(a)

    

Series A, 5.00%, 07/15/39

     190       163,371  

Series A, 5.00%, 07/15/49

     720       571,353  

Series A, 5.00%, 07/15/54

     345       266,110  

Wisconsin Health & Educational Facilities Authority, Refunding RB, 4.00%, 12/15/49

     6,205       4,897,755  
   

 

 

  
      5,898,589  
Wyoming — 0.6%            

Wyoming Community Development Authority, RB, S/F Housing, Series 1, (FHLMC, FNMA, GNMA), 3.50%, 06/01/52

     1,825       1,742,004  

Wyoming Community Development Authority, Refunding RB, Series 3, (GNMA/FHLMC/FNMA COLL), 3.00%, 06/01/50

     1,610       1,528,454  
   

 

 

  
      3,270,458  
   

 

 

  

Total Municipal Bonds — 139.2%
(Cost: $792,165,225)

       703,549,890  
   

 

 

  

Municipal Bonds Transferred to Tender Option Bond Trusts(f)

 

California — 1.3%            

Sacramento Area Flood Control Agency, Refunding SAB, 5.00%, 10/01/47

     6,494       6,570,736  
   

 

 

  
Colorado — 2.3%            

City & County of Denver Colorado Airport System Revenue, Refunding ARB, Series A, AMT, 5.25%, 12/01/48(g)

     4,775       4,625,684  

County of Adams Colorado, Refunding COP, 4.00%, 12/01/45

     7,820       6,796,671  
   

 

 

  
      11,422,355  
District of Columbia — 1.8%            

District of Columbia Housing Finance Agency, RB, M/F Housing, Series B-2, (FHA), 4.10%, 09/01/39

     10,265       9,132,498  
   

 

 

  
Georgia — 1.8%            

Main Street Natural Gas Inc., RB, Series B, 5.00%, 12/01/52

     8,998       8,883,288  
   

 

 

  
Illinois — 0.5%            

Illinois Finance Authority, Refunding RB

    

Series C, 4.00%, 02/15/27

     6       5,170  

Series C, 4.00%, 02/15/41

     2,994       2,673,141  
   

 

 

  
      2,678,311  
Security  

Par

(000)

     Value  
Massachusetts — 0.8%            

Commonwealth of Massachusetts Transportation Fund Revenue, RB, BAB, Series A, 4.00%, 06/01/45

   $     4,333     $     3,866,965  
   

 

 

  
Nebraska — 0.8%            

Central Plains Energy Project, RB, Series 1, 5.00%, 05/01/53

     4,303       4,214,932  
   

 

 

  
New York — 3.7%            

New York Power Authority, Refunding RB, Series A, 4.00%, 11/15/60

     2,760       2,280,086  

New York State Urban Development Corp., Refunding RB, Series A, 4.00%, 03/15/46

     13,980       11,000,910  

Port Authority of New York & New Jersey, Refunding ARB, 194th Series, 5.25%, 10/15/55

     5,400       5,472,551  
   

 

 

  
      18,753,547  
North Carolina — 1.1%            

Township of North Bergen New Jersey, Refunding GO, Series B, 5.00%, 10/01/25

     5,290       5,561,488  
   

 

 

  
Pennsylvania — 1.0%            

Pennsylvania Turnpike Commission, RB, Series A, 5.50%, 12/01/42

     4,877       4,962,381  
   

 

 

  
Texas — 1.0%            

City of San Antonio Texas Electric & Gas Systems Revenue, RB, Junior Lien, 5.00%, 02/01/23

     5,060       5,083,878  
   

 

 

  
Virginia — 2.3%            

Fairfax County Industrial Development Authority, Refunding RB, 4.00%, 05/15/42

     3,692       3,329,891  

Virginia Small Business Financing Authority, Refunding RB, Series A, 4.00%, 12/01/49

     10,088       8,236,327  
   

 

 

  
      11,566,218  
Wisconsin — 1.0%            

Wisconsin Health & Educational Facilities Authority, Refunding RB, 4.00%, 12/01/46

     5,950       4,988,664  
   

 

 

  

Total Municipal Bonds Transferred to Tender Option Bond Trusts — 19.4%
(Cost: $110,526,728)

       97,685,261  
   

 

 

  

Total Long-Term Investments — 158.6%
(Cost: $902,691,953)

       801,235,151  
   

 

 

  
 

 

 

S C H E D U L E   O F   I N V E S T M E N T S

   6

Schedule of Investments (unaudited) (continued)

October 31, 2022

   

BlackRock MuniYield Fund, Inc. (MYD)

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Short-Term Securities

    
Money Market Funds — 2.6%            

BlackRock Liquidity Funds, MuniCash, Institutional Class, 1.83%(h)(i)

     13,349,090     $ 13,347,755  
   

 

 

  

Total Short-Term Securities — 2.6%
(Cost: $13,347,755)

       13,347,755  
   

 

 

  

Total Investments — 161.2%
(Cost: $916,039,708)

       814,582,906  

Other Assets Less Liabilities — 1.4%

       7,118,920  

Liability for TOB Trust Certificates, Including Interest Expense and Fees Payable — (12.9)%

 

     (65,285,855 ) 

VRDP Shares at Liquidation Value, Net of Deferred Offering
Costs — (49.7)%

 

     (251,105,985 ) 
   

 

 

  

Net Assets Applicable to Common Shares — 100.0%

 

   $ 505,309,986  
   

 

 

  

 

(a) 

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.

(b) 

U.S. Government securities held in escrow, are used to pay interest on this security as well as to retire the bond in full at the date indicated, typically at a premium to par.

(c) 

Zero-coupon bond.

(d) 

Issuer filed for bankruptcy and/or is in default.

(e) 

Non-income producing security.

(f) 

Represent bonds transferred to a TOB Trust in exchange of cash and residual certificates received by the Fund. These bonds serve as collateral in a secured borrowing.

(g) 

All or a portion of the security is subject to a recourse agreement. The aggregate maximum potential amount the Fund could ultimately be required to pay under the agreement, which expires on June 1, 2026, is $3,313,957.

(h) 

Affiliate of the Fund.

(i) 

Annualized 7-day yield as of period end.

    

 

For Fund compliance purposes, the Fund’s sector classifications refer to one or more of the sector sub-classifications used by one or more widely recognized market indexes or rating group indexes, and/or as defined by the investment adviser. These definitions may not apply for purposes of this report, which may combine such sector sub-classifications for reporting ease.

Affiliates

Investments in issuers considered to be affiliate(s) of the Fund during the period ended October 31, 2022 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

                   
Affiliated
Issuer		    Value at
07/31/22		        Purchases
at Cost		      Proceeds
from Sales		        Net
Realized
Gain (Loss)		        Change in
Unrealized
Appreciation
(Depreciation)		        Value at
10/31/22		        Shares
Held at
10/31/22		        Income        Capital Gain
Distributions
from
Underlying
Funds		  

BlackRock Liquidity Funds, MuniCash, Institutional Class

    $ 12,963,148        $ 391,062 (a)     $ —        $ (4,383 )       $ (2,072 )       $ 13,347,755          13,349,090        $ 58,018        $ —  
               

 

 

       

 

 

       

 

 

            

 

 

       

 

 

  

 

  (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

                  

10-Year U.S. Treasury Note

      329          12/20/22        $ 36,416        $ 971,760  

U.S. Long Bond

      555          12/20/22          67,086          4,858,666  

5-Year U.S. Treasury Note

      222          12/30/22          23,674          373,605  
                 

 

 

  
                  $ 6,204,031  
                 

 

 

  

 

 

7  

    

Schedule of Investments (unaudited) (continued)

October 31, 2022

   

BlackRock MuniYield Fund, Inc. (MYD)

 

Fair Value Hierarchy as of Period End

Various inputs are used in determining the fair value of financial instruments. 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 for identical assets or liabilities that the Fund has the ability to access;

 

  •  

Level 2 – Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market–corroborated inputs); and

 

  •  

Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (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. There may not be a secondary market, and/or there are 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 Fund’s policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Fund’s financial instruments categorized in the fair value hierarchy. The breakdown of the Fund’s financial instruments into major categories is disclosed in the Schedule of Investments above.

 

                                                                                       

 

  
     Level 1        Level 2        Level 3        Total  

 

  

Assets

                  

Investments

                  

Long-Term Investments

                  

Municipal Bonds

    $ —        $ 703,549,890        $ —        $ 703,549,890  

Municipal Bonds Transferred to Tender Option Bond Trusts

      —          97,685,261          —          97,685,261  

Short-Term Securities

                  

Money Market Funds

      13,347,755          —          —          13,347,755  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 13,347,755        $ 801,235,151        $ —        $ 814,582,906  
  

 

 

       

 

 

       

 

 

       

 

 

  

Derivative Financial Instruments(a)

                  

Assets

                  

Interest Rate Contracts

    $ 6,204,031        $ —        $ —        $ 6,204,031  
  

 

 

       

 

 

       

 

 

       

 

 

  

 

  (a) 

Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.

 

The Fund may hold assets and/or liabilities in which the fair value approximates the carrying amount for financial reporting purposes. As of period end, such assets and/or liabilities are categorized within the fair value hierarchy as follows:

 

                                                                                               

 

  
     Level 1        Level 2        Level 3        Total  

 

  

Liabilities

                  

TOB Trust Certificates

    $ —        $ (65,019,975 )       $ —        $ (65,019,975 ) 

VRDP Shares at Liquidation Value

      —          (251,400,000 )         —          (251,400,000 ) 
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ —        $ (316,419,975 )       $ —        $ (316,419,975 ) 
  

 

 

       

 

 

       

 

 

       

 

 

  

 

Portfolio Abbreviation

AGC    Assured Guaranty Corp.
AGM    Assured Guaranty Municipal Corp.
AMBAC    AMBAC Assurance Corp.
AMT    Alternative Minimum Tax
ARB    Airport Revenue Bonds
BAB    Build America Bond
CAB    Capital Appreciation Bonds

 

Portfolio Abbreviation (continued)

COP    Certificates of Participation
FHA    Federal Housing Administration
FHLMC    Federal Home Loan Mortgage Corp.
FNMA    Federal National Mortgage Association
GNMA    Government National Mortgage Association
GO    General Obligation Bonds
M/F    Multi-Family
 

 

 

S C H E D U L E   O F   I N V E S T M E N T S

   8

Schedule of Investments (unaudited) (continued)

October 31, 2022

   

BlackRock MuniYield Fund, Inc. (MYD)

 

Portfolio Abbreviation (continued)
RB    Revenue Bond
S/F    Single-Family
SAB    Special Assessment Bonds
SAW    State Aid Withholding
ST    Special Tax
TA    Tax Allocation

 

 

9