AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

BLACKROCK CORPORATE HIGH YIELD FUND, INC.

Regulatory Filings Jan 22, 2015

Preview not available for this file type.

Download Source File

N-Q 1 e62256nq.htm FORM NQ

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number: 811-21318

Name of Fund: BlackRock Corporate High Yield Fund, Inc. (HYT)

Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809

Name and address of agent for service: John M. Perlowski, Chief Executive Officer, BlackRock Corporate High Yield Fund, Inc., 55 East 52 nd Street, New York, NY 10055

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

Date of fiscal year end: 08/31/2015

Date of reporting period: 11/30/2014

Item 1 – Schedule of Investments

Field: Page; Sequence: 1

Field: /Page

Schedule of Investments November 30, 2014 (Unaudited)
(Percentages shown are based on Net Assets)

MARKER FORMAT-SHEET="2 Column - 1st Div" FSL="Workstation"

Common Stocks
Auto Components — 1.2%
The Goodyear Tire & Rubber Co. 729,948 $ 20,007,875
Lear Corp. 1,032 98,979
20,106,854
Capital Markets — 2.1%
American Capital Ltd. (a) 1,875,455 28,113,070
Concrete Investments II S.C.A 4,997
E*Trade Financial Corp. (a) 246,100 5,613,541
Uranium Participation Corp. (a) 176,860 811,994
34,538,605
Chemicals — 0.8%
Advanced Emissions Solutions, Inc. (a) 168,580 3,371,600
Huntsman Corp. 373,192 9,523,860
LyondellBasell Industries NV, Class A 38 2,996
12,898,456
Communications Equipment — 0.4%
Nokia OYJ - ADR 877,870 7,233,649
Containers & Packaging — 0.0%
Smurfit Kappa Group PLC 12,980 299,249
Diversified Consumer Services — 0.6%
Cengage Thomson Learning (a) 211,142 5,510,806
Houghton Mifflin Harcourt Co. (a) 206,188 3,962,933
9,473,739
Diversified Financial Services — 2.7%
Ally Financial, Inc. 1,101,275 26,188,319
Ally Financial, Inc. (a) 142,289 3,383,633
Citigroup, Inc. 161,430 8,712,377
Kcad Holdings I Ltd. (a) 1,563,279,160 6,253,117
44,537,446
Diversified Telecommunication Services — 0.4%
Broadview Networks Holdings, Inc. (a) 192,400 365,559
Level 3 Communications, Inc. (a) 115,920 5,796,000
6,161,559
Electrical Equipment — 0.0%
Medis Technologies Ltd. (a) 365,353 4
Energy Equipment & Services (b) — 0.7%
Laricina Energy Ltd. (a) 211,764 6,290,882
Osum Oil Sands Corp. (a) 400,000 4,571,928
10,862,810
Health Care Providers & Services — 0.0%
HealthSouth Corp. 1,468 60,379

MARKER FORMAT-SHEET="2 Column - 2nd Div" FSL="Workstation"

Common Stocks Shares
Hotels, Restaurants & Leisure — 0.6%
Amaya Gaming Group, Inc. (a) 312,709 $ 10,621,441
Insurance — 1.0%
American International Group, Inc. 316,865 17,364,202
Media — 0.0%
Clear Channel Outdoor Holdings, Inc., Class A 47,653 369,787
Metals & Mining — 0.2%
African Minerals Ltd. (a) 225,302 35,192
Constellium NV, Class A (a) 195,574 3,080,291
Peninsula Energy Ltd. (a) 40,846,473 728,074
3,843,557
Oil, Gas & Consumable Fuels — 1.3%
African Petroleum Corp. Ltd. (a) 331,833 28,236
General Maritime Corp. 953,381 17,637,548
Seven Generations Energy Ltd. (a)(b) 216,000 3,050,634
20,716,418
Paper & Forest Products — 0.5%
Ainsworth Lumber Co. Ltd. (a) 2,147,503 4,894,952
Ainsworth Lumber Co. Ltd. (a)(c) 614,940 1,424,592
Western Forest Products, Inc. 621,145 1,298,604
7,618,148
Semiconductors & Semiconductor Equipment — 0.0%
SunPower Corp. (a) 1,025 28,864
Trading Companies & Distributors — 0.2%
HD Supply Holdings, Inc. (a) 115,400 3,355,832
Total Common Stocks — 12.7% 210,090,999
Asset-Backed Securities Par (000)
Adams Mill CLO Ltd., Series 2014-1A, Class D1, 3.70%, 7/15/26 (c)(d) USD 500 467,500
ALM Loan Funding, Series 2013-7RA (c)(d):
Class C, 3.68%, 4/24/24 2,840 2,672,408
Class D, 5.23%, 4/24/24 2,360 2,168,201
ALM XIV Ltd., Series 2014-14A (c)(d):
Class B, 3.18%, 7/28/26 1,069 1,031,719
Class C, 3.68%, 7/28/26 750 697,138
ALM XIV, Ltd., Series 2014-14A, Class D, 5.08%, 7/28/26 (c)(d) 250 223,269
AMMC CLO 15, Ltd., Series 2014-15A (c)(d)(e):
Class C1, 3.69%, 12/09/26 1,000 990,000

MARKER FORMAT-SHEET="2 Column - End of Div" FSL="Workstation"

Field: Page; Sequence: 1

BLACKROCK CORPORATE HIGH YIELD FUND, INC. NOVEMBER 30, 2014 1

Field: /Page

Schedule of Investments (continued)
(Percentages shown are based on Net Assets)

MARKER FORMAT-SHEET="2 Column - 1st Div" FSL="Workstation"

Asset-Backed Securities Par (000)
AMMC CLO 15, Ltd., Series 2014-15A (c)(d)(e)(concluded):
Class D, 4.44%, 12/09/26 USD 1,000 $ 955,000
Apidos CLO XVIII, Series 2014-18A, Class C, 3.88%, 7/22/26 (c)(d) 550 520,030
Ares CLO ltd., Series 2014-32A, Class C, 4.43%, 11/15/25 (c)(d) 1,250 1,214,500
Ares CLO, Ltd., 2.53%, 11/15/25 1,000 992,700
Atlas Senior Loan Fund V, Ltd., Series 2014-1A (c)(d):
Class C, 3.25%, 7/16/26 250 239,912
Class D, 3.70%, 7/16/26 250 228,892
Avalon IV Capital, Ltd., Series 2012-1AR, Class CR, 3.08%, 4/17/23 (c)(d) 850 839,052
Benefit Street Partners CLO, Ltd., Series 2014-IVA, Class C, 3.73%, 7/20/26 (c)(d) 500 460,075
Carlyle Global Market Strategies CLO 2012-2, Ltd., Series 2012-2AR, Class ER, 6.33%, 7/20/23 (c)(d) 580 575,603
Carlyle Global Market Strategies CLO 2014-5, Ltd., Series 2014-5A, Class C, 4.38%, 10/16/25 (c)(d)(e) 1,000 964,770
Cedar Funding, Ltd., Series 2014-3A (c)(d):
Class C, 3.03%, 5/20/26 800 757,147
Class D, 3.79%, 5/20/26 535 493,598
CIFC Funding 2014-II, Ltd., Series 2014-2A, Class A3L, 3.08%, 5/24/26 (c)(d) 500 475,225
CIFC Funding Ltd., Series 2014-3A (c)(d):
Class C1, 2.95%, 7/22/26 500 476,780
Class D, 3.55%, 7/22/26 250 230,840
Dryden Senior Loan Fund, Series 2014-36A, Class D, 3.98%, 11/09/25 (c)(d)(e) 1,000 949,850
Galaxy CLO Ltd., Series 2014-18A, Class C1, 3.23%, 10/15/26 (c)(d) 500 486,372
Gramercy Park CLO, Ltd., Series 2012-1AR, Class DR, 5.73%, 7/17/23 (c)(d) 500 489,791
ING IM CLO 2012-4, Ltd., Series 2012-4A, Class C, 4.73%, 10/15/23 (c)(d) 1,000 992,042
Jamestown CLO IV Ltd., Series 2014-4A, Class C, 3.73%, 7/15/26 (c)(d) 250 229,990
LCM X LP, Series 10AR, Class ER, 5.73%, 4/15/22 (c)(d) 1,000 977,820

MARKER FORMAT-SHEET="2 Column - 2nd Div" FSL="Workstation"

Asset-Backed Securities Par (000)
Madison Park Funding, Ltd. (c)(d):
3.83%, 7/20/26 USD 500 $ 473,014
Series 2012-8AR, Class CR, 3.03%, 4/22/22 500 496,333
Series 2012-8AR, Class DR, 4.08%, 4/22/22 250 245,573
Neuberger Berman CLO XVII, Ltd., Series 2014-17A, Class D, 3.71%, 8/04/25 (c)(d) 500 460,835
Neuberger Berman CLO XVIII Ltd., Series 2014-18A, Class C, 3.98%, 11/14/25 (c)(d)(e) 1,500 1,410,600
Neuberger Berman CLO XVIII, Ltd., Series 2014-18A, Class B, 3.38%, 11/14/25 (c)(d)(e) 1,250 1,213,525
Octagon Investment Partners XII, Ltd., Series 2012-1AR, Class ER, 5.73%, 5/05/23 (c)(d) 1,200 1,186,026
Octagon Investment Partners XX Ltd., Series 2014-1A (c)(d):
Class D, 3.89%, 8/12/26 250 235,724
Class E, 5.49%, 8/12/26 250 229,712
Octagon Investment Partners XXII Ltd., Series 2014-1A, Class C1, 3.54%, 11/22/25 (c)(d)(e) 1,000 984,100
Octagon Investment Partners XXII, Ltd., Series 2014-1A (c)(d)(e):
Class B2, 2.59%, 11/22/25 1,000 985,000
Class D1, 4.19%, 11/22/25 1,000 956,000
OZLM IX, Ltd., Series 2014-9A, Class C, 3.83%, 1/20/27 (c)(d)(e) 1,250 1,169,000
Palmer Square CLO, Ltd., Series 2014-1A (c)(d):
Class B, 2.82%, 10/17/22 1,100 1,071,272
Class C, 4.12%, 10/17/22 845 832,676
Class D, 6.02%, 10/17/22 590 584,274
Sound Point CLO, Ltd., Series 2014-3A, Class D, 3.89%, 1/23/27 (c)(d)(e) 1,500 1,353,750
Steele Creek CLO 2014-1, Ltd., Series 2014-1A, Class B, 2.48%, 8/21/26 (c)(d) 500 485,365
TICP CLO II, Ltd., Series 2014-2A, Class A1A, 1.68%, 7/20/26 (c)(d) 1,000 991,418
Venture CDO, Ltd., Series 2014-17A, Class C, 3.08%, 7/15/26 (c)(d) 500 476,940
Venture XIII CLO, Ltd., Series 2013-13A, Class D, 3.78%, 6/10/25 (c)(d) 1,000 937,189

MARKER FORMAT-SHEET="2 Column - End of Div" FSL="Workstation"

Field: Page; Sequence: 2

BLACKROCK CORPORATE HIGH YIELD FUND, INC. NOVEMBER 30, 2014 2

Field: /Page

Schedule of Investments (continued)
(Percentages shown are based on Net Assets)

MARKER FORMAT-SHEET="2 Column - 1st Div" FSL="Workstation"

Asset-Backed Securities Par (000)
Voya CLO, Ltd., Series 2014-4A (c)(d):
Class C, 4.23%, 10/14/26 USD 1,750 $ 1,688,225
Class D, 5.73%, 10/14/26 1,000 927,300
Washington Mill CLO, Ltd., Series 2014-1A (c)(d):
Class C, 3.23%, 4/20/26 515 497,155
Class D, 3.68%, 4/20/26 660 612,239
WhiteHorse IX, Ltd., Series 2014-9A, Class C, 2.92%, 7/17/26 (c)(d) 250 235,289
WhiteHorse, Ltd., Series 2014-1A, Class C, 2.98%, 5/01/26 (c)(d) 680 642,703
Total Asset-Backed Securities — 2.6% 43,181,461
Corporate Bonds
Aerospace — 0.1%
Telefonica SA, Series TIT, 6.00%, 7/24/17 (f) EUR 900 1,174,277
Aerospace & Defense — 1.5%
B/E Aerospace, Inc., 5.25%, 4/01/22 USD 2,106 2,337,660
CTP Transportation Products LLC/CTP Finance, Inc., 8.25%, 12/15/19 (c) 990 1,054,350
Huntington Ingalls Industries, Inc.:
7.13%, 3/15/21 1,405 1,526,181
5.00%, 12/15/21 (c)(e) 1,160 1,178,850
Meccanica Holdings USA, Inc., 6.25%, 7/15/19 (c) 1,140 1,234,050
TransDigm, Inc.:
5.50%, 10/15/20 2,490 2,458,875
6.00%, 7/15/22 (c) 9,680 9,776,800
6.50%, 7/15/24 (c) 6,048 6,168,960
25,735,726
Air Freight & Logistics — 0.3%
CEVA Group PLC, 9.00%, 9/01/21 (c) 844 810,240
National Air Cargo Group, Inc.:
12.38%, 8/16/15 1,118 1,118,191
12.38%, 9/02/15 1,100 1,099,583

MARKER FORMAT-SHEET="2 Column - 2nd Div" FSL="Workstation"

Corporate Bonds Par (000)
Air Freight & Logistics (concluded)
XPO Logistics, Inc., 7.88%, 9/01/19 (c) USD 1,400 $ 1,487,500
4,515,514
Airlines — 2.7%
American Airlines Pass-Through Trust, Series 2013-2, Class C, 6.00%, 1/15/17 (c) 6,420 6,612,600
Continental Airlines Pass-Through Trust:
Series 1997-4, Class B, 6.90%, 7/02/18 333 347,256
Series 2012-3, Class C, 6.13%, 4/29/18 5,145 5,466,562
Delta Air Lines Pass-Through Trust, Class B:
Series 2009-1, 9.75%, 6/17/18 864 976,092
Series 2010-1, 6.38%, 7/02/17 (c) 2,647 2,752,880
US Airways Pass-Through Trust:
Series 2012-1, Class C, 9.13%, 10/01/15 1,306 1,355,395
Series 2012-2, Class C, 5.45%, 6/03/18 5,720 5,791,500
Series 2013-1, Class B, 5.38%, 5/15/23 5,198 5,288,969
Virgin Australia Trust, Series 2013-1 (c):
Class C, 7.13%, 10/23/18 7,934 8,171,878
Class D, 8.50%, 10/23/16 7,417 7,602,360
44,365,492
Auto Components — 3.1%
Affinia Group, Inc., 7.75%, 5/01/21 3,109 3,194,498
Autodis SA, 6.50%, 2/01/19 EUR 265 333,468
CNH Industrial Finance Europe SA, 2.75%, 3/18/19 1,527 1,924,833
Dana Holding Corp., 6.75%, 2/15/21 USD 200 212,500
Delphi Corp., 6.13%, 5/15/21 420 456,750
Icahn Enterprises LP/Icahn Enterprises Finance Corp.:
3.50%, 3/15/17 352 348,040
4.88%, 3/15/19 8,850 8,960,625
6.00%, 8/01/20 2,973 3,095,488
5.88%, 2/01/22 2,797 2,852,940
IDQ Holdings, Inc., 11.50%, 4/01/17 (c) 2,155 2,295,075
Rhino Bondco SpA, 7.25%, 11/15/20 EUR 490 630,677

MARKER FORMAT-SHEET="2 Column - End of Div" FSL="Workstation"

Field: Page; Sequence: 3

BLACKROCK CORPORATE HIGH YIELD FUND, INC. NOVEMBER 30, 2014 3

Field: /Page

Schedule of Investments (continued)
(Percentages shown are based on Net Assets)

MARKER FORMAT-SHEET="2 Column - 1st Div" FSL="Workstation"

Corporate Bonds Par (000)
Auto Components (concluded)
Schaeffler Holding Finance BV:
2.75%, 5/15/19 USD 1,515 $ 1,900,348
5.75%, 11/15/21 (g) 800 1,048,228
(6.25% Cash or 0.00% PIK), 6.25%, 11/15/19 (c)(g) 2,860 2,992,275
(6.75% Cash or 0.00% PIK), 6.75%, 11/15/22 (c)(g) 5,351 5,645,305
(6.88% Cash or 7.63% PIK), 6.88%, 8/15/18 (c)(g) 2,400 2,511,000
(6.88% Cash), 6.88%, 8/15/18 (g) EUR 1,660 2,172,494
Servus Luxembourg Holding SCA, 7.75%, 6/15/18 719 942,733
Titan International, Inc., 6.88%, 10/01/20 USD 2,505 2,304,600
UCI International, Inc., 8.63%, 2/15/19 7,080 6,796,800
50,618,677
Automobiles — 1.0%
General Motors Co.:
4.88%, 10/02/23 940 996,400
6.25%, 10/02/43 3,705 4,307,062
5.20%, 4/01/45 4,015 4,127,019
Jaguar Land Rover Automotive PLC:
8.25%, 3/15/20 GBP 2,269 3,910,291
5.00%, 2/15/22 1,555 2,550,355
15,891,127
Banks — 1.2%
Banco Bilbao Vizcaya Argentaria SA, 7.00% (d)(h) EUR 1,000 1,272,858
Banco Espirito Santo SA:
4.75%, 1/15/18 1,900 2,256,240
4.00%, 1/21/19 100 115,983
CIT Group, Inc.:
5.25%, 3/15/18 USD 4,320 4,553,280
6.63%, 4/01/18 (c) 1,400 1,526,000
5.50%, 2/15/19 (c) 6,919 7,334,140
6.00%, 4/01/36 2,800 2,747,500
HSH Nordbank AG, 0.88%, 2/14/17 (d) EUR 665 696,443
20,502,444
Beverages — 0.1%
Hydra Dutch Holdings 2BV, 5.58%, 4/15/19 (d) 1,355 1,516,387
Building Products — 2.0%
American Builders & Contractors Supply Co., Inc., 5.63%, 4/15/21 (c) USD 1,715 1,732,150

MARKER FORMAT-SHEET="2 Column - 2nd Div" FSL="Workstation"

Corporate Bonds Par (000)
Building Products (concluded)
BMBG Bond Finance SCA, 5.08%, 10/15/20 (d) EUR 1,020 $ 1,270,856
Builders FirstSource, Inc., 7.63%, 6/01/21 (c) USD 1,503 1,555,605
Building Materials Corp. of America (c):
6.75%, 5/01/21 2,490 2,679,862
5.38%, 11/15/24 5,540 5,540,000
Cemex Finance LLC, 6.00%, 4/01/24 (c) USD 1,080 1,081,350
Cemex SAB de CV (c):
5.88%, 3/25/19 1,335 1,348,350
5.70%, 1/11/25 2,215 2,137,475
CPG Merger Sub LLC, 8.00%, 10/01/21 (c) 3,590 3,778,475
Momentive Performance Materials, Inc., 3.88%, 10/24/21 3,738 3,270,750
Ply Gem Industries, Inc., 6.50%, 2/01/22 (c) 3,550 3,434,625
USG Corp., 9.75%, 1/15/18 3,935 4,525,250
32,354,748
Capital Markets — 1.7%
American Capital Ltd., 6.50%, 9/15/18 (c) 3,840 4,051,200
Blackstone CQP Holdco LP, 9.30%, 3/18/19 17,779 17,957,116
E*Trade Financial Corp.:
0.00%, 8/31/19 (c)(f)(i) 1,206 2,659,984
5.38%, 11/15/22 2,857 2,885,570
Series A, 0.00%, 8/31/19 (f)(i) 373 822,698
28,376,568
Chemicals — 1.2%
Axalta Coating Systems US Holdings, Inc./Axalta Coating Systems Dutch Holding BV:
5.75%, 2/01/21 EUR 500 655,920
7.38%, 5/01/21 (c) USD 1,760 1,900,800
Axiall Corp., 4.88%, 5/15/23 629 608,558
Basell Finance Co. BV, 8.10%, 3/15/27 (c) 2,115 2,840,726
Celanese US Holdings LLC:
3.25%, 10/15/19 EUR 533 694,240
5.88%, 6/15/21 USD 1,848 1,991,220
4.63%, 11/15/22 1,565 1,568,912
Huntsman International LLC:
8.63%, 3/15/21 945 1,025,325
5.13%, 4/15/21 EUR 1,779 2,321,707
INEOS Finance PLC, 8.38%, 2/15/19 (c) USD 100 106,750
INEOS Group Holdings SA:
6.13%, 8/15/18 (c) 1,015 998,608

MARKER FORMAT-SHEET="2 Column - End of Div" FSL="Workstation"

Field: Page; Sequence: 4

BLACKROCK CORPORATE HIGH YIELD FUND, INC. NOVEMBER 30, 2014 4

Field: /Page

Schedule of Investments (continued)
(Percentages shown are based on Net Assets)

MARKER FORMAT-SHEET="2 Column - 1st Div" FSL="Workstation"

Corporate Bonds Par (000)
Chemicals (concluded)
INEOS Group Holdings SA (concluded):
6.50%, 8/15/18 EUR 378 $ 477,075
5.75%, 2/15/19 400 491,347
LSB Industries, Inc., 7.75%, 8/01/19 USD 728 771,680
Montichem Holdco SA, 5.25%, 6/15/21 EUR 311 383,890
Nexeo Solutions LLC/Nexeo Solutions Finance Corp., 8.38%, 3/01/18 USD 510 499,800
NOVA Chemicals Corp., 5.00%, 5/01/25 (c) 1,135 1,173,306
Rockwood Specialties Group, Inc., 4.63%, 10/15/20 1,501 1,568,545
20,078,409
Commercial Services & Supplies — 3.0%
AA Bond Co., Ltd., 9.50%, 7/31/43 GBP 996 1,713,888
Abengoa Greenfield SA, 6.50%, 10/01/19 (c) USD 3,326 2,926,880
ADS Waste Holdings, Inc., 8.25%, 10/01/20 1,546 1,623,300
ARAMARK Corp., 5.75%, 3/15/20 3,608 3,725,260
Aviation Capital Group Corp., 6.75%, 4/06/21 (c) 3,002 3,422,280
Avis Budget Car Rental LLC / Avis Budget Finance, Inc., 5.50%, 4/01/23 720 727,200
Bilbao Luxembourg SA, (10.5% Cash or 11.25% PIK), 10.50%, 12/01/18 (g) EUR 400 521,006
Brand Energy & Infrastructure Services, Inc., 8.50%, 12/01/21 (c) USD 1,558 1,558,000
Covanta Holding Corp.:
6.38%, 10/01/22 2,300 2,443,750
5.88%, 3/01/24 1,180 1,209,500
Jurassic Holdings III, Inc., 6.88%, 2/15/21 (c) 2,738 2,696,930
Mobile Mini, Inc., 7.88%, 12/01/20 2,040 2,182,800
Mustang Merger Corp., 8.50%, 8/15/21 (c) 2,688 2,661,120
United Rentals North America, Inc.:
7.38%, 5/15/20 1,890 2,041,200
8.25%, 2/01/21 2,168 2,357,700
7.63%, 4/15/22 9,095 10,049,975
6.13%, 6/15/23 1,055 1,115,662
5.75%, 11/15/24 3,826 3,969,475
Verisure Holding AB:
8.75%, 9/01/18 EUR 790 1,048,632

MARKER FORMAT-SHEET="2 Column - 2nd Div" FSL="Workstation"

Corporate Bonds Par (000)
Commercial Services & Supplies (concluded)
Verisure Holding AB (concluded):
8.75%, 12/01/18 EUR 378 $ 893,329
48,887,887
Communications Equipment — 2.0%
Alcatel-Lucent USA, Inc.:
4.63%, 7/01/17 (c) USD 1,735 1,748,013
6.75%, 11/15/20 (c) 3,755 3,895,812
6.45%, 3/15/29 4,078 3,970,952
Avaya, Inc. (c):
7.00%, 4/01/19 1,505 1,471,138
10.50%, 3/01/21 1,355 1,182,238
CommScope, Inc. (c):
5.00%, 6/15/21 1,475 1,475,000
5.50%, 6/15/24 1,413 1,405,935
Nokia OYJ:
5.00%, 10/26/17 EUR 800 2,759,663
6.63%, 5/15/39 USD 1,961 2,137,490
Zayo Group LLC/Zayo Capital, Inc.:
8.13%, 1/01/20 5,153 5,500,827
10.13%, 7/01/20 6,167 6,937,875
32,484,943
Construction & Engineering — 1.1%
AECOM Technology Corp. (c):
5.75%, 10/15/22 1,016 1,064,260
5.88%, 10/15/24 3,727 3,941,302
Aldesa Financial Services SA, 7.25%, 4/01/21 EUR 960 1,134,027
Astaldi SpA, 7.13%, 12/01/20 2,654 3,415,951
BlueLine Rental Finance Corp., 7.00%, 2/01/19 (c) USD 1,032 1,070,700
H&E Equipment Services, Inc., 7.00%, 9/01/22 2,462 2,615,875
Novafives SAS:
4.08%, 6/30/20 (d) EUR 455 564,072
4.50%, 6/30/21 320 395,218
Safway Group Holding LLC/Safway Finance Corp., 7.00%, 5/15/18 (c) USD 2,852 2,875,244
Weekley Homes LLC/Weekley Finance Corp., 6.00%, 2/01/23 862 846,053
17,922,702
Construction Materials — 2.2%
HD Supply, Inc.:
11.00%, 4/15/20 9,123 10,445,835
7.50%, 7/15/20 12,975 13,688,625
5.25%, 12/15/21 (c)(e) 9,862 10,071,567
Kerneos Tech Group SAS:
4.92%, 3/01/21 (d) EUR 194 238,093
5.75%, 3/01/21 262 325,784

MARKER FORMAT-SHEET="2 Column - End of Div" FSL="Workstation"

Field: Page; Sequence: 5

BLACKROCK CORPORATE HIGH YIELD FUND, INC. NOVEMBER 30, 2014 5

Field: /Page

Schedule of Investments (continued)
(Percentages shown are based on Net Assets)

MARKER FORMAT-SHEET="2 Column - 1st Div" FSL="Workstation"

Corporate Bonds Par (000)
Construction Materials (concluded)
Officine MaccaFerri SpA, 5.75%, 6/01/21 EUR 780 $ 955,828
35,725,732
Consumer Finance — 0.2%
Ford Motor Credit Co. LLC:
12.00%, 5/15/15 USD 1,120 1,176,472
6.63%, 8/15/17 361 405,955
8.13%, 1/15/20 500 625,764
IVS F. SpA, 7.13%, 4/01/20 EUR 1,029 1,289,879
Springleaf Finance Corp., 8.25%, 10/01/23 USD 449 511,860
4,009,930
Containers & Packaging — 1.4%
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.:
6.25%, 1/31/19 (c) 1,504 1,507,760
6.00%, 6/30/21 (c) 1,825 1,806,750
4.25%, 1/15/22 EUR 1,855 2,303,832
Ball Corp., 4.00%, 11/15/23 USD 1,129 1,083,840
Beverage Packaging Holdings Luxembourg II SA (c):
5.63%, 12/15/16 2,113 2,118,283
6.00%, 6/15/17 2,137 2,131,657
Crown Americas LLC/Crown Americas Capital Corp. III, 6.25%, 2/01/21 93 97,766
Crown European Holdings SA, 4.00%, 7/15/22 EUR 1,325 1,738,188
OI European Group BV, 4.88%, 3/31/21 1,057 1,437,492
Pactiv LLC:
7.95%, 12/15/25 USD 4,267 4,437,680
8.38%, 4/15/27 736 776,480
Sealed Air Corp. (c):
8.38%, 9/15/21 150 168,750
5.13%, 12/01/24 1,395 1,398,488
SGD Group SAS, 5.63%, 5/15/19 EUR 405 493,525
Tekni-Plex, Inc., 9.75%, 6/01/19 (c) USD 1,907 2,088,165
23,588,656
Distributors — 0.3%
VWR Funding, Inc., 7.25%, 9/15/17 4,254 4,456,576
Diversified Consumer Services — 0.3%
Laureate Education, Inc., 9.75%, 9/01/19 (c) 4,820 5,000,750
Diversified Financial Services — 5.0%
Ally Financial, Inc.:
5.13%, 9/30/24 1,141 1,163,820

MARKER FORMAT-SHEET="2 Column - 2nd Div" FSL="Workstation"

Corporate Bonds Par (000)
Diversified Financial Services (concluded)
Ally Financial, Inc. (concluded):
8.00%, 11/01/31 USD 20,579 $ 25,864,083
Bank of America Corp. (d)(h):
Series X, 6.25% 6,860 6,821,412
Series Z, 6.50% 2,445 2,515,294
CE Energy AS, 7.00%, 2/01/21 EUR 745 946,519
Co-Operative Group Holdings, 6.88%, 7/08/20 (j) GBP 730 1,168,766
DFC Finance Corp., 10.50%, 6/15/20 (c) USD 2,745 2,518,538
Ford Motor Credit Co. LLC, 5.88%, 8/02/21 200 232,536
Gala Group Finance PLC, 8.88%, 9/01/18 GBP 2,437 3,989,637
HSH Nordbank AG, 0.92%, 2/14/17 (d) EUR 313 328,640
Jarden Corp., 1.88%, 9/15/18 (f) USD 100 147,250
Jefferies Finance LLC/JFIN Co-Issuer Corp. (c):
7.38%, 4/01/20 3,410 3,290,650
6.88%, 4/15/22 2,987 2,792,845
JPMorgan Chase & Co., 6.75% (d)(h) 5,674 6,042,810
Lehman Brother Holding Escrow, 1.00%, 9/22/18 430 62,888
Lehman Brothers Holdings, Inc.:
4.75%, 1/16/15 EUR 1,890 399,521
1.00%, 2/05/15 3,950 798,140
5.38%, 10/17/15 350 73,985
1.00%, 12/31/49 USD 1,535 224,494
Leucadia National Corp., 8.13%, 9/15/15 4,503 4,743,910
MSCI, Inc., 5.25%, 11/15/24 (c) 3,204 3,324,150
Reynolds Group Issuer, Inc.:
9.00%, 4/15/19 3,405 3,549,712
7.88%, 8/15/19 728 775,320
9.88%, 8/15/19 3,015 3,248,662
5.75%, 10/15/20 7,182 7,388,482
82,412,064
Diversified Telecommunication Services — 3.3%
CenturyLink, Inc.:
6.45%, 6/15/21 1,125 1,226,250
Series V, 5.63%, 4/01/20 5,420 5,718,100
Cequel Communications Holdings I LLC/Cequel Capital Corp., 5.13%, 12/15/21 (c) 2,350 2,267,750
Frontier Communications Corp.:
8.50%, 4/15/20 1,805 2,066,725
6.25%, 9/15/21 2,935 2,997,516
Level 3 Communications, Inc., 8.88%, 6/01/19 1,780 1,904,600

MARKER FORMAT-SHEET="2 Column - End of Div" FSL="Workstation"

Field: Page; Sequence: 6

BLACKROCK CORPORATE HIGH YIELD FUND, INC. NOVEMBER 30, 2014 6

Field: /Page

Schedule of Investments (continued)
(Percentages shown are based on Net Assets)

MARKER FORMAT-SHEET="2 Column - 1st Div" FSL="Workstation"

Corporate Bonds Par (000)
Diversified Telecommunication Services (concluded)
Level 3 Financing, Inc.:
8.13%, 7/01/19 USD 5,885 $ 6,267,525
7.00%, 6/01/20 2,395 2,559,656
8.63%, 7/15/20 6,175 6,715,313
Telecom Italia Capital SA:
6.38%, 11/15/33 745 759,900
6.00%, 9/30/34 740 741,850
Telecom Italia SpA:
6.13%, 11/15/16 (f) EUR 1,400 2,093,348
6.38%, 6/24/19 GBP 900 1,537,644
4.88%, 9/25/20 EUR 870 1,190,640
4.50%, 1/25/21 1,350 1,820,796
5.88%, 5/19/23 GBP 1,900 3,182,383
Telenet Finance V Luxembourg SCA:
6.25%, 8/15/22 EUR 1,362 1,858,703
6.75%, 8/15/24 1,982 2,774,638
TW telecom holdings, Inc., 5.38%, 10/01/22 USD 2,236 2,532,270
Windstream Corp.:
7.75%, 10/15/20 1,648 1,729,576
7.75%, 10/01/21 1,720 1,799,550
6.38%, 8/01/23 315 303,975
54,048,708
Electric Utilities — 0.4%
Homer City Generation LP (g):
(8.14% Cash), 8.14%, 10/01/19 806 833,259
(8.73% Cash), 8.73%, 10/01/26 2,128 2,215,758
Mirant Mid Atlantic Pass-Through Trust:
Series B, 9.13%, 6/30/17 989 1,063,168
Series C, 10.06%, 12/30/28 2,237 2,449,493
6,561,678
Electrical Equipment — 0.4%
Belden, Inc., 5.50%, 4/15/23 EUR 1,602 2,035,445
International Wire Group Holdings, Inc., 8.50%, 10/15/17 (c) USD 1,421 1,506,260
Techem Energy Metering Service GmbH & Co., 7.88%, 10/01/20 EUR 210 288,778
Trionista Holdco GmbH, 5.00%, 4/30/20 1,405 1,812,562
Trionista TopCo GmbH, 6.88%, 4/30/21 418 552,247
6,195,292
Electronic Equipment, Instruments & Components — 0.1%
CDW LLC/CDW Finance Corp., 8.50%, 4/01/19 USD 102 108,248

MARKER FORMAT-SHEET="2 Column - 2nd Div" FSL="Workstation"

Corporate Bonds Par (000)
Electronic Equipment, Instruments & Components (concluded)
Jabil Circuit, Inc., 8.25%, 3/15/18 USD 1,310 $ 1,513,050
1,621,298
Energy Equipment & Services — 1.6%
Atwood Oceanics, Inc., 6.50%, 2/01/20 780 717,600
Calfrac Holdings LP, 7.50%, 12/01/20 (c) 3,978 3,580,200
CGG SA, 7.75%, 5/15/17 499 494,010
Gates Global LLC / Gates Global Co., 5.75%, 7/15/22 EUR 110 126,521
Genesis Energy LP/Genesis Energy Finance Corp., 5.75%, 2/15/21 USD 283 280,170
MEG Energy Corp. (c):
6.50%, 3/15/21 3,601 3,312,920
7.00%, 3/31/24 6,056 5,495,820
Peabody Energy Corp.:
6.00%, 11/15/18 3,526 3,358,515
6.25%, 11/15/21 2,174 2,038,125
7.88%, 11/01/26 2,795 2,585,375
Pioneer Energy Services Corp., 6.13%, 3/15/22 (c) 163 132,030
Precision Drilling Corp.:
6.63%, 11/15/20 425 412,250
5.25%, 11/15/24 (c) 4,147 3,524,950
26,058,486
Food & Staples Retailing — 0.6%
Bakkavor Finance 2 PLC:
8.25%, 2/15/18 GBP 1,427 2,311,624
8.75%, 6/15/20 795 1,303,979
Brakes Capital, 7.13%, 12/15/18 830 1,283,495
Labeyrie Fine Foods SAS, 5.63%, 3/15/21 EUR 250 315,525
Premier Foods Finance PLC, 6.50%, 3/15/21 GBP 159 221,466
R&R Ice Cream PLC:
4.75%, 5/15/20 EUR 745 914,791
5.50%, 5/15/20 GBP 200 304,602
(9.25% Cash or 10.00% PIK), 9.25%, 5/15/18 (g) EUR 823 1,034,274
Rite Aid Corp., 9.25%, 3/15/20 USD 2,080 2,293,200
9,982,956
Food Products — 0.6%
Anna Merger Sub, Inc., 7.75%, 10/01/22 (c) 2,155 2,208,875
Boparan Finance PLC:
5.25%, 7/15/19 GBP 165 233,122
4.38%, 7/15/21 EUR 440 478,728
5.50%, 7/15/21 GBP 625 842,113
Findus Bondco SA:
9.13%, 7/01/18 EUR 830 1,091,407

MARKER FORMAT-SHEET="2 Column - End of Div" FSL="Workstation"

Field: Page; Sequence: 7

BLACKROCK CORPORATE HIGH YIELD FUND, INC. NOVEMBER 30, 2014 7

Field: /Page

Schedule of Investments (continued)
(Percentages shown are based on Net Assets)

MARKER FORMAT-SHEET="2 Column - 1st Div" FSL="Workstation"

Corporate Bonds Par (000)
Food Products (concluded)
Findus Bondco SA (concluded):
9.50%, 7/01/18 GBP 465 $ 762,647
Smithfield Foods, Inc.:
5.88%, 8/01/21 (c) USD 891 944,460
6.63%, 8/15/22 1,516 1,641,070
Univeg Holding BV, 7.88%, 11/15/20 EUR 595 658,469
The WhiteWave Foods Co., 5.38%, 10/01/22 USD 950 997,500
9,858,391
Health Care Equipment & Supplies — 0.6%
3AB Optique Development SAS, 5.63%, 4/15/19 EUR 900 1,023,981
Biomet, Inc., 6.50%, 10/01/20 USD 2,801 2,966,259
DJO Finance LLC/DJO Finance Corp., 8.75%, 3/15/18 2,106 2,211,300
Fresenius Medical Care US Finance, Inc., 5.75%, 2/15/21 (c) 1,580 1,690,600
IDH Finance PLC:
6.00%, 12/01/18 GBP 614 957,150
6.00%, 12/01/18 (c) 200 311,775
Teleflex, Inc., 6.88%, 6/01/19 USD 1,635 1,712,662
10,873,727
Health Care Providers & Services — 5.5%
Acadia Healthcare Co., Inc., 5.13%, 7/01/22 (c) 1,145 1,147,863
Alere, Inc.:
7.25%, 7/01/18 802 848,115
8.63%, 10/01/18 2,834 2,940,275
Amsurg Corp., 5.63%, 7/15/22 (c) 3,928 4,026,200
Care UK Health & Social Care PLC, 5.56%, 7/15/19 (d) GBP 1,253 1,828,011
CHS/Community Health Systems, Inc.:
5.13%, 8/15/18 USD 2,125 2,186,094
6.88%, 2/01/22 (c) 3,948 4,179,945
ConvaTec Healthcare E SA, 7.38%, 12/15/17 (c) EUR 1,907 2,469,074
Crown Newco 3 PLC, 7.00%, 2/15/18 GBP 180 292,386
DaVita HealthCare Partners, Inc., 5.13%, 7/15/24 USD 5,166 5,298,379
HCA Holdings, Inc., 7.75%, 5/15/21 6,486 6,956,235
HCA, Inc.:
3.75%, 3/15/19 2,911 2,899,720
6.50%, 2/15/20 7,530 8,330,062
5.88%, 3/15/22 3,565 3,876,938
4.75%, 5/01/23 1,487 1,496,294
5.88%, 5/01/23 4,096 4,326,400

MARKER FORMAT-SHEET="2 Column - 2nd Div" FSL="Workstation"

Corporate Bonds Par (000)
Health Care Providers & Services (concluded)
HCA, Inc. (concluded):
5.00%, 3/15/24 USD 1,250 $ 1,265,625
Hologic, Inc., 6.25%, 8/01/20 6,719 6,958,364
Kindred Healthcare, Inc., 6.38%, 4/15/22 (c) 931 898,415
MPH Acquisition Holdings LLC, 6.63%, 4/01/22 (c) 1,280 1,334,400
Omnicare, Inc.:
4.75%, 12/01/22 793 804,895
5.00%, 12/01/24 501 511,020
Priory Group No. 3 PLC, 7.00%, 2/15/18 (c) GBP 1,235 2,005,929
Tenet Healthcare Corp.:
6.25%, 11/01/18 USD 1,308 1,415,910
5.00%, 3/01/19 (c) 4,753 4,681,705
4.75%, 6/01/20 2,575 2,607,188
6.00%, 10/01/20 3,835 4,079,481
4.50%, 4/01/21 74 72,705
4.38%, 10/01/21 4,005 3,914,887
8.13%, 4/01/22 4,692 5,243,310
Voyage Care Bondco PLC, 6.50%, 8/01/18 GBP 786 1,252,286
90,148,111
Health Care Technology — 0.0%
IMS Health, Inc., 6.00%, 11/01/20 (c) USD 795 816,863
Hotels, Restaurants & Leisure — 4.5%
Caesars Entertainment Operating Co., Inc., 9.00%, 2/15/20 30,210 23,949,562
Carlson Travel Holdings, Inc., (7.50% Cash or 8.25% PIK), 7.50%, 8/15/19 (c)(g) 654 658,905
CDW LLC/CDW Finance Corp.:
6.00%, 8/15/22 2,545 2,662,706
5.50%, 12/01/24 (e) 5,612 5,597,970
Cedar Funding Ltd., 5.38%, 6/01/24 (c) 1,070 1,067,325
Cirsa Funding Luxembourg SA, 8.75%, 5/15/18 EUR 3,103 4,003,503
Enterprise Funding Ltd., Series ETI, 3.50%, 9/10/20 (f) GBP 400 588,249
Enterprise Inns PLC, 6.50%, 12/06/18 1,598 2,574,702
Gamenet SpA, 7.25%, 8/01/18 EUR 1,255 1,360,002
Gategroup Finance Luxembourg SA, 6.75%, 3/01/19 2,164 2,832,094
GLP Capital LP/GLP Financing II, Inc., 4.38%, 11/01/18 USD 894 916,350
Greektown Holdings LLC/Greektown Mothership Corp., 8.88%, 3/15/19 (c) 1,220 1,241,350

MARKER FORMAT-SHEET="2 Column - End of Div" FSL="Workstation"

Field: Page; Sequence: 8

BLACKROCK CORPORATE HIGH YIELD FUND, INC. NOVEMBER 30, 2014 8

Field: /Page

Schedule of Investments (continued)
(Percentages shown are based on Net Assets)

MARKER FORMAT-SHEET="2 Column - 1st Div" FSL="Workstation"

Corporate Bonds Par (000)
Hotels, Restaurants & Leisure (concluded)
Intralot Capital Luxembourg SA, 6.00%, 5/15/21 EUR 613 $ 686,850
Intralot Finance Luxembourg SA, 9.75%, 8/15/18 2,140 2,804,011
MGM Resorts International, 6.00%, 3/15/23 USD 3,560 3,613,400
New Red Finance, Inc., 6.00%, 4/01/22 (c) 3,735 3,828,375
Regal Entertainment Group, 5.75%, 2/01/25 489 453,548
Six Flags Entertainment Corp., 5.25%, 1/15/21 (c) 3,247 3,255,117
Snai SpA, 7.63%, 6/15/18 EUR 1,025 1,294,177
Station Casinos LLC, 7.50%, 3/01/21 USD 5,095 5,375,225
Tropicana Entertainment LLC/Tropicana Finance Corp., 9.63%, 12/15/14 (a)(k) 1,850
The Unique Pub Finance Co. PLC, Series A3, 6.54%, 3/30/21 GBP 2,143 3,447,336
Vougeot Bidco PLC, 7.88%, 7/15/20 920 1,497,870
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp., 5.38%, 3/15/22 USD 689 699,335
74,407,962
Household Durables — 2.8%
Ashton Woods USA LLC/Ashton Woods Finance Co., 6.88%, 2/15/21 (c) 1,262 1,230,450
Beazer Homes USA, Inc.:
6.63%, 4/15/18 215 225,213
5.75%, 6/15/19 3,638 3,492,480
7.50%, 9/15/21 2,710 2,730,325
Brookfield Residential Properties, Inc., 6.50%, 12/15/20 (c) 2,275 2,411,500
Brookfield Residential Properties, Inc./Brookfield Residential US Corp., 6.13%, 7/01/22 (c) 1,604 1,684,200
K. Hovnanian Enterprises, Inc., 7.25%, 10/15/20 (c) 4,360 4,610,700
PulteGroup, Inc., 6.38%, 5/15/33 2,050 2,085,875
The Ryland Group, Inc., 6.63%, 5/01/20 1,900 2,028,250
Spie BondCo 3 SCA, 11.00%, 8/15/19 EUR 878 1,201,470
Standard Pacific Corp.:
10.75%, 9/15/16 USD 6,920 7,923,400
8.38%, 1/15/21 4,270 4,931,850

MARKER FORMAT-SHEET="2 Column - 2nd Div" FSL="Workstation"

Corporate Bonds Par (000)
Household Durables (concluded)
Taylor Morrison Communities, Inc./Monarch Communities, Inc. (c):
7.75%, 4/15/20 USD 1,650 $ 1,765,500
5.25%, 4/15/21 1,484 1,491,420
Tri Pointe Holdings, Inc. (c):
4.38%, 6/15/19 2,270 2,247,300
5.88%, 6/15/24 1,540 1,570,800
William Lyon Homes, Inc., 8.50%, 11/15/20 4,579 4,991,110
46,621,843
Household Products — 0.3%
Ontex IV SA, 9.00%, 4/15/19 EUR 1,163 1,552,423
Spectrum Brands, Inc.:
6.75%, 3/15/20 USD 535 565,094
6.38%, 11/15/20 2,125 2,247,188
6.63%, 11/15/22 1,385 1,475,025
5,839,730
Independent Power and Renewable Electricity Producers — 1.7%
Baytex Energy Corp. (c):
5.13%, 6/01/21 944 868,480
5.63%, 6/01/24 335 299,825
Calpine Corp.:
6.00%, 1/15/22 (c) 676 721,630
5.38%, 1/15/23 4,144 4,200,980
5.88%, 1/15/24 (c) 1,999 2,123,938
5.75%, 1/15/25 4,814 4,898,245
Dynegy Finance I, Inc. / Dynegy Finance II, Inc., 7.38%, 11/01/22 (c) 1,290 1,357,725
Dynegy Finance I, Inc./Dynegy Finance II, Inc., 6.75%, 11/01/19 (c) 5,520 5,740,800
MPM Escrow LLC, 8.88%, 10/15/20 3,738
NRG Energy, Inc.:
7.88%, 5/15/21 1,190 1,288,175
6.25%, 5/01/24 (c) 1,800 1,840,500
NRG REMA LLC:
Series B, 9.24%, 7/02/17 117 124,218
Series C, 9.68%, 7/02/26 1,400 1,512,000
QEP Resources, Inc.:
5.38%, 10/01/22 1,843 1,750,850
5.25%, 5/01/23 800 752,000
27,479,366
Insurance — 1.2%
A-S Co-Issuer Subsidiary, Inc./A-S Merger Sub LLC, 7.88%, 12/15/20 (c) 6,232 6,434,540

MARKER FORMAT-SHEET="2 Column - End of Div" FSL="Workstation"

Field: Page; Sequence: 9

BLACKROCK CORPORATE HIGH YIELD FUND, INC. NOVEMBER 30, 2014 9

Field: /Page

Schedule of Investments (continued)
(Percentages shown are based on Net Assets)

MARKER FORMAT-SHEET="2 Column - 1st Div" FSL="Workstation"

Corporate Bonds Par (000)
Insurance (concluded)
CNO Financial Group, Inc., 6.38%, 10/01/20 (c) USD 1,244 $ 1,324,860
Galaxy Bidco Ltd., 6.38%, 11/15/20 GBP 600 909,084
Genworth Holdings, Inc., 4.80%, 2/15/24 USD 1,120 978,032
Hockey Merger Sub 2, Inc., 7.88%, 10/01/21 (c) 3,920 4,067,000
MPL 2 Acquisition Canco, Inc., 9.88%, 8/15/18 (c) USD 3,650 3,905,500
Pension Insurance Corp. PLC, 6.50%, 7/03/24 GBP 775 1,236,044
TMF Group Holding BV, 9.88%, 12/01/19 EUR 1,140 1,460,343
20,315,403
Internet Software & Services — 0.5%
Cerved Group SpA:
6.38%, 1/15/20 601 795,889
8.00%, 1/15/21 400 540,988
Equinix, Inc.:
5.38%, 1/01/22 USD 1,110 1,115,550
5.75%, 1/01/25 1,172 1,180,790
Interactive Data Corp., 5.88%, 4/15/19 (c) 4,101 4,116,379
7,749,596
IT Services — 3.8%
Ceridian Corp., 8.88%, 7/15/19 (c) 10,750 11,932,500
Ceridian HCM Holding, Inc., 11.00%, 3/15/21 (c) 12,854 14,332,210
Epicor Software Corp., 8.63%, 5/01/19 3,077 3,238,543
First Data Corp.:
7.38%, 6/15/19 (c) 5,373 5,655,082
8.88%, 8/15/20 (c) 2,745 2,950,875
6.75%, 11/01/20 (c) 3,815 4,062,975
8.25%, 1/15/21 (c) 1,394 1,491,580
10.63%, 6/15/21 2,111 2,406,540
11.75%, 8/15/21 5,966 6,905,645
(8.75% Cash or 10.00% PIK), 8.75%, 1/15/22 (c)(g) 365 392,375
SunGard Data Systems, Inc., 6.63%, 11/01/19 6,865 7,002,300
WEX, Inc., 4.75%, 2/01/23 (c) 2,728 2,646,160
63,016,785
Machinery — 0.2%
Galapagos SA, 5.38%, 6/15/21 EUR 325 396,443
Selecta Group BV, 6.50%, 6/15/20 1,060 1,239,106

MARKER FORMAT-SHEET="2 Column - 2nd Div" FSL="Workstation"

Corporate Bonds Par (000)
Machinery (concluded)
SPX Corp., 6.88%, 9/01/17 USD 980 $ 1,076,775
2,712,324
Media — 11.9%
Adria Bidco BV, 7.88%, 11/15/20 EUR 600 789,342
Altice Financing SA, 6.50%, 1/15/22 (c) USD 2,410 2,434,100
Altice SA:
7.25%, 5/15/22 EUR 2,010 2,599,308
7.75%, 5/15/22 (c) USD 2,645 2,734,269
AMC Networks, Inc.:
7.75%, 7/15/21 480 522,000
4.75%, 12/15/22 1,613 1,592,838
Cablevision Systems Corp., 5.88%, 9/15/22 3,070 3,123,725
CBS Outdoor Americas Capital LLC/CBS Outdoor Americas Capital Corp. (c):
5.25%, 2/15/22 650 666,250
5.63%, 2/15/24 568 585,750
CCO Holdings LLC/CCO Holdings Capital Corp.:
5.25%, 9/30/22 3,986 3,966,070
5.13%, 2/15/23 3,015 2,954,700
CCOH Safari LLC:
5.50%, 12/01/22 5,024 5,080,520
5.75%, 12/01/24 9,936 9,998,100
Cengage Learning Acquisitions, Inc., 11.50%, 4/15/20 3,439
Clear Channel Worldwide Holdings, Inc.:
7.63%, 3/15/20 4,069 4,235,829
6.50%, 11/15/22 11,724 12,207,465
Clearwire Communications LLC / Clearwire Finance, Inc., 8.25%, 12/01/40 (c)(f) 4,706 5,176,600
Columbus International, Inc., 7.38%, 3/30/21 (c) 3,455 3,679,575
Consolidated Communications, Inc., 6.50%, 10/01/22 (c) 1,250 1,262,500
DISH DBS Corp.:
4.25%, 4/01/18 3,209 3,265,157
5.13%, 5/01/20 4,652 4,707,242
5.88%, 11/15/24 (c) 6,239 6,285,792
DreamWorks Animation SKG, Inc., 6.88%, 8/15/20 (c) 901 939,293
Gannett Co., Inc. (c):
5.13%, 10/15/19 857 890,209
5.13%, 7/15/20 506 522,445
4.88%, 9/15/21 1,827 1,836,135
6.38%, 10/15/23 1,314 1,414,193
5.50%, 9/15/24 1,308 1,325,985

MARKER FORMAT-SHEET="2 Column - End of Div" FSL="Workstation"

Field: Page; Sequence: 10

BLACKROCK CORPORATE HIGH YIELD FUND, INC. NOVEMBER 30, 2014 10

Field: /Page

Schedule of Investments (continued)
(Percentages shown are based on Net Assets)

MARKER FORMAT-SHEET="2 Column - 1st Div" FSL="Workstation"

Corporate Bonds Par (000)
Media (continued)
Gray Television, Inc., 7.50%, 10/01/20 USD 1,743 $ 1,804,005
Harron Communications LP/Harron Finance Corp., 9.13%, 4/01/20 (c) 4,510 4,961,000
iHeartCommunications, Inc.:
9.00%, 12/15/19 3,789 3,722,692
9.00%, 3/01/21 1,127 1,098,825
9.00%, 9/15/22 (c) 3,845 3,748,875
Inmarsat Finance PLC, 4.88%, 5/15/22 (c) 2,805 2,797,987
Intelsat Jackson Holdings SA:
6.63%, 12/15/22 1,040 1,084,200
5.50%, 8/01/23 5,015 4,939,775
Intelsat Luxembourg SA, 6.75%, 6/01/18 5,500 5,637,500
Live Nation Entertainment, Inc., 7.00%, 9/01/20 (c) 987 1,051,155
Media General Financing Sub, Inc., 5.88%, 11/15/22 (c) 1,292 1,298,460
Midcontinent Communications & Midcontinent Finance Corp., 6.25%, 8/01/21 (c) 3,901 4,018,030
NAI Entertainment Holdings/NAI Entertainment Holdings Finance Corp., 5.00%, 8/01/18 (c) 2,039 2,110,365
Nexstar Broadcasting, Inc., 6.88%, 11/15/20 1,023 1,063,920
Nielsen Finance LLC/Nielsen Finance Co., 5.00%, 4/15/22 (c) 1,545 1,556,588
Numericable Group SA:
5.38%, 5/15/22 EUR 890 1,162,004
6.00%, 5/15/22 (c) USD 7,205 7,318,623
5.63%, 5/15/24 EUR 1,785 2,336,085
6.25%, 5/15/24 (c) USD 4,285 4,365,344
Play Finance 2 SA, 5.25%, 2/01/19 EUR 1,070 1,387,038
Radio One, Inc., 9.25%, 2/15/20 (c) USD 2,686 2,565,130
RCN Telecom Services LLC/RCN Capital Corp., 8.50%, 8/15/20 (c) 2,020 2,161,400
Sinclair Television Group, Inc., 5.63%, 8/01/24 (c) 894 871,650
Sirius XM Radio, Inc. (c):
4.25%, 5/15/20 2,309 2,291,683
5.75%, 8/01/21 1,811 1,892,495
Sterling Entertainment Corp., 10.00%, 12/15/19 4,810 4,906,200
Unitymedia Hessen GmbH & Co. KG/Unitymedia NRW GmbH:
7.50%, 3/15/19 EUR 4,494 5,894,716
5.50%, 1/15/23 (c) USD 2,550 2,652,000

MARKER FORMAT-SHEET="2 Column - 2nd Div" FSL="Workstation"

Corporate Bonds Par (000)
Media (concluded)
Unitymedia Hessen GmbH & Co. KG/Unitymedia NRW GmbH (concluded):
5.63%, 4/15/23 EUR 208 $ 284,501
Unitymedia KabelBW GmbH, 9.50%, 3/15/21 2,061 2,882,890
Univision Communications, Inc. (c):
8.50%, 5/15/21 USD 1,597 1,716,775
5.13%, 5/15/23 3,720 3,896,700
UPCB Finance II Ltd., 6.38%, 7/01/20 (c) EUR 4,437 5,799,999
Virgin Media Secured Finance PLC, 6.00%, 4/15/21 GBP 5,502 9,070,752
VTR Finance BV, 6.88%, 1/15/24 (c) USD 1,727 1,817,668
Wave Holdco LLC / Wave Holdco Corp., 8.25%, 7/15/19 (c)(f) 2,710 2,804,850
WaveDivision Escrow LLC/WaveDivision Escrow Corp., 8.13%, 9/01/20 (c) 2,248 2,439,080
196,206,352
Metals & Mining — 4.0%
Alcoa, Inc.:
6.15%, 8/15/20 710 803,028
5.13%, 10/01/24 6,501 6,850,968
Arch Coal, Inc.:
7.00%, 6/15/19 1,614 649,635
7.25%, 10/01/20 678 294,930
7.25%, 6/15/21 500 182,500
Constellium NV:
4.63%, 5/15/21 EUR 1,270 1,543,650
5.75%, 5/15/24 (c) USD 3,385 3,249,600
Eco-Bat Finance PLC, 7.75%, 2/15/17 EUR 1,954 2,357,053
First Quantum Minerals Ltd. (c):
6.75%, 2/15/20 USD 1,954 1,875,840
7.25%, 5/15/22 583 562,595
Global Brass & Copper, Inc., 9.50%, 6/01/19 4,660 5,085,225
Imperial Metals Corp., 7.00%, 3/15/19 (c) 230 215,050
Kaiser Aluminum Corp., 8.25%, 6/01/20 1,240 1,360,900
Novelis, Inc., 8.75%, 12/15/20 12,130 13,161,050
Ovako AB, 6.50%, 6/01/19 EUR 606 742,228
Peabody Energy Corp., 6.50%, 9/15/20 USD 1,505 1,410,938
Peninsula Energy Ltd., 11.00%, 12/14/14 1,888 1,888,157
Perstorp Holding AB, 8.75%, 5/15/17 (c) 990 1,014,750
Ryerson, Inc./Joseph T Ryerson & Son, Inc., 9.00%, 10/15/17 1,740 1,774,800

MARKER FORMAT-SHEET="2 Column - End of Div" FSL="Workstation"

Field: Page; Sequence: 11

BLACKROCK CORPORATE HIGH YIELD FUND, INC. NOVEMBER 30, 2014 11

Field: /Page

Schedule of Investments (continued)
(Percentages shown are based on Net Assets)

MARKER FORMAT-SHEET="2 Column - 1st Div" FSL="Workstation"

Corporate Bonds Par (000)
Metals & Mining (concluded)
Steel Dynamics, Inc.:
5.13%, 10/01/21 (c) USD 3,085 $ 3,200,688
6.38%, 8/15/22 1,345 1,445,875
5.25%, 4/15/23 1,168 1,211,800
ThyssenKrupp AG, 3.13%, 10/25/19 EUR 2,040 2,668,584
Vedanta Resources PLC, 8.25%, 6/07/21 (c) USD 1,565 1,580,650
Wise Metals Group LLC/Wise Alloys Finance Corp., 8.75%, 12/15/18 (c) 10,804 11,560,280
66,690,774
Multiline Retail — 1.0%
CST Brands, Inc., 5.00%, 5/01/23 2,083 2,098,623
Debenhams PLC, 5.25%, 7/15/21 GBP 1,155 1,740,966
Dufry Finance SCA, 5.50%, 10/15/20 (c) USD 1,927 2,028,360
Hema Bondco I BV, 6.25%, 6/15/19 EUR 2,105 2,244,474
The Neiman Marcus Group Ltd., 8.00%, 10/15/21 (c) USD 7,817 8,325,105
16,437,528
Oil, Gas & Consumable Fuels — 11.2%
Access Midstream Partners LP/ACMP Finance Corp.:
5.88%, 4/15/21 1,325 1,381,312
6.13%, 7/15/22 1,520 1,611,200
4.88%, 3/15/24 1,861 1,898,220
Antero Resources Finance Corp., 5.38%, 11/01/21 1,942 1,917,725
Athlon Holdings LP/Athlon Finance Corp.:
7.38%, 4/15/21 684 782,325
6.00%, 5/01/22 (c) 1,314 1,422,405
Berry Petroleum Co., 6.38%, 9/15/22 1,755 1,509,300
Bonanza Creek Energy, Inc.:
6.75%, 4/15/21 637 605,150
5.75%, 2/01/23 3,254 2,863,520
California Resources Corp., 6.00%, 11/15/24 (c) 6,249 5,573,327
Carrizo Oil & Gas, Inc., 7.50%, 9/15/20 671 681,065
Chaparral Energy, Inc., 7.63%, 11/15/22 1,220 1,116,300
Chesapeake Energy Corp.:
6.63%, 8/15/20 1,632 1,799,280
6.88%, 11/15/20 1,641 1,837,920
6.13%, 2/15/21 524 567,230
4.88%, 4/15/22 3,240 3,207,600
5.75%, 3/15/23 2,223 2,356,380

MARKER FORMAT-SHEET="2 Column - 2nd Div" FSL="Workstation"

Corporate Bonds Par (000)
Oil, Gas & Consumable Fuels (continued)
Cimarex Energy Co., 4.38%, 6/01/24 USD 1,349 $ 1,332,137
Concho Resources, Inc.:
5.50%, 10/01/22 2,016 2,056,320
5.50%, 4/01/23 2,253 2,219,205
CONSOL Energy, Inc., 5.88%, 4/15/22 (c) 11,028 11,000,430
CrownRock LP/CrownRock Finance, Inc., 7.13%, 4/15/21 (c) 3,710 3,617,250
Denbury Resources, Inc., 5.50%, 5/01/22 1,481 1,388,437
Diamondback Energy, Inc., 7.63%, 10/01/21 (c) 2,877 2,992,080
El Paso LLC:
7.80%, 8/01/31 2,547 3,191,949
7.75%, 1/15/32 5,669 7,165,616
Energy Transfer Equity LP, 5.88%, 1/15/24 7,967 8,445,020
Energy XXI Gulf Coast, Inc.:
7.75%, 6/15/19 531 424,800
6.88%, 3/15/24 (c) 263 197,250
EnQuest PLC, 7.00%, 4/15/22 (c) 533 421,070
EV Energy Partners LP/EV Energy Finance Corp., 8.00%, 4/15/19 820 787,200
Halcon Resources Corp.:
9.75%, 7/15/20 2,146 1,641,690
8.88%, 5/15/21 4,236 3,261,720
9.25%, 2/15/22 1,257 993,030
Hilcorp Energy I LP/Hilcorp Finance Co. (c):
7.63%, 4/15/21 1,472 1,530,880
5.00%, 12/01/24 2,448 2,264,400
Jones Energy Holdings LLC/Jones Energy Finance Corp., 6.75%, 4/01/22 (c) 1,400 1,263,500
Kinder Morgan, Inc. (c):
5.00%, 2/15/21 1,130 1,206,275
5.63%, 11/15/23 1,146 1,256,303
Laredo Petroleum, Inc., 7.38%, 5/01/22 788 795,880
Legacy Reserves LP/Legacy Reserves Finance Corp.:
6.63%, 12/01/21 843 741,840
6.63%, 12/01/21 (c) 1,390 1,223,200
Linn Energy LLC/Linn Energy Finance Corp.:
6.25%, 11/01/19 1,628 1,456,042
8.63%, 4/15/20 4,840 4,380,200
7.75%, 2/01/21 365 324,850

MARKER FORMAT-SHEET="2 Column - End of Div" FSL="Workstation"

Field: Page; Sequence: 12

BLACKROCK CORPORATE HIGH YIELD FUND, INC. NOVEMBER 30, 2014 12

Field: /Page

Schedule of Investments (continued)
(Percentages shown are based on Net Assets)

MARKER FORMAT-SHEET="2 Column - 1st Div" FSL="Workstation"

Corporate Bonds Par (000)
Oil, Gas & Consumable Fuels (continued)
MarkWest Energy Partners LP/MarkWest Energy Finance Corp.:
6.25%, 6/15/22 USD 674 $ 707,700
4.50%, 7/15/23 1,720 1,677,000
Memorial Production Partners LP/Memorial Production Finance Corp., 7.63%, 5/01/21 1,091 981,900
Memorial Resource Development Corp., 5.88%, 7/01/22 (c) 4,971 4,722,450
Newfield Exploration Co., 6.88%, 2/01/20 4,325 4,470,969
NGPL PipeCo LLC (c):
7.12%, 12/15/17 3,130 3,239,550
9.63%, 6/01/19 891 955,598
Oasis Petroleum, Inc., 6.50%, 11/01/21 1,625 1,572,187
Offshore Group Investment Ltd., 7.50%, 11/01/19 1,370 1,027,500
Pacific Drilling SA, 5.38%, 6/01/20 (c) 2,069 1,634,510
Parsley Energy LLC / Parsley Finance Corp., 7.50%, 2/15/22 (c) 4,536 4,428,270
PDC Energy, Inc., 7.75%, 10/15/22 995 1,001,219
Penn Virginia Corp., 8.50%, 5/01/20 1,067 994,978
Penn Virginia Resource Partners LP / Penn Virginia Resource Finance Corp., 6.50%, 5/15/21 1,193 1,234,755
Petroleum Geo-Services ASA, 7.38%, 12/15/18 (c) 3,816 3,243,600
Range Resources Corp.:
5.75%, 6/01/21 568 596,400
5.00%, 8/15/22 530 547,225
5.00%, 3/15/23 1,193 1,186,289
Regency Energy Partners LP / Regency Energy Finance Corp.:
6.50%, 7/15/21 685 712,400
5.88%, 3/01/22 247 254,410
5.50%, 4/15/23 2,059 2,059,000
Regency Energy Partners LP/Regency Energy Finance Corp.:
5.75%, 9/01/20 628 646,840
4.50%, 11/01/23 2,835 2,664,900
RKI Exploration & Production LLC/RKI Finance Corp., 8.50%, 8/01/21 (c) 313 297,350
Rockies Express Pipeline LLC, 6.00%, 1/15/19 (c) 2,524 2,650,200

MARKER FORMAT-SHEET="2 Column - 2nd Div" FSL="Workstation"

Corporate Bonds Par (000)
Oil, Gas & Consumable Fuels (concluded)
Rose Rock Midstream LP/Rose Rock Finance Corp., 5.63%, 7/15/22 (c) USD 1,747 $ 1,703,325
Rosetta Resources, Inc., 5.88%, 6/01/24 1,007 946,580
RSP Permian, Inc., 6.63%, 10/01/22 (c) 1,756 1,707,710
Sabine Pass Liquefaction LLC (c):
5.63%, 4/15/23 3,087 3,148,740
5.75%, 5/15/24 5,085 5,142,206
Sanchez Energy Corp., 6.13%, 1/15/23 (c) 4,282 3,853,800
SandRidge Energy, Inc.:
8.75%, 1/15/20 141 117,030
7.50%, 2/15/23 1,378 1,061,060
Seven Generations Energy Ltd., 8.25%, 5/15/20 (c) 5,098 5,276,430
Seventy Seven Energy, Inc., 6.50%, 7/15/22 (c) 1,133 866,745
Seventy Seven Operating LLC, 6.63%, 11/15/19 1,112 995,240
SM Energy Co., 6.50%, 1/01/23 951 962,888
Summit Midstream Holdings LLC/Summit Midstream Finance Corp.:
7.50%, 7/01/21 1,566 1,691,280
5.50%, 8/15/22 1,711 1,693,890
Targa Resources Partners LP / Targa Resources Partners Finance Corp., 6.38%, 8/01/22 3,852 4,083,120
Tesoro Logistics LP/Tesoro Logistics Finance Corp., 6.25%, 10/15/22 (c) 3,154 3,217,080
Triangle USA Petroleum Corp., 6.75%, 7/15/22 (c) 1,057 861,455
Ultra Petroleum Corp., 5.75%, 12/15/18 (c) 979 950,854
Vanguard Natural Resources LLC/VNR Finance Corp., 7.88%, 4/01/20 1,500 1,432,500
Whiting Petroleum Corp.:
5.00%, 3/15/19 1,770 1,721,325
5.75%, 3/15/21 1,837 1,855,370
185,504,661
Paper & Forest Products — 0.1%
Clearwater Paper Corp., 4.50%, 2/01/23 245 239,488
Pfleiderer GmbH, 7.88%, 8/01/19 EUR 530 637,610

MARKER FORMAT-SHEET="2 Column - End of Div" FSL="Workstation"

Field: Page; Sequence: 13

BLACKROCK CORPORATE HIGH YIELD FUND, INC. NOVEMBER 30, 2014 13

Field: /Page

Schedule of Investments (continued)
(Percentages shown are based on Net Assets)

MARKER FORMAT-SHEET="2 Column - 1st Div" FSL="Workstation"

Corporate Bonds Par (000)
Paper & Forest Products (concluded)
Unifrax I LLC/Unifrax Holding Co., 7.50%, 2/15/19 (c) USD 1,335 $ 1,361,700
2,238,798
Pharmaceuticals — 1.7%
Endo Finance LLC/Endo Finco, Inc. (c):
7.00%, 12/15/20 628 657,830
7.25%, 1/15/22 696 744,720
Grifols Worldwide Operations Ltd., 5.25%, 4/01/22 (c) 4,047 4,168,410
Jaguar Holding Co. II/Jaguar Merger Sub, Inc., 9.50%, 12/01/19 (c) 3,596 3,865,700
Mallinckrodt International Finance SA, 5.75%, 8/01/22 (c) 1,280 1,308,800
Pinnacle Merger Sub, Inc., 9.50%, 10/01/23 (c) 453 497,168
Valeant Pharmaceuticals International, Inc. (c):
6.75%, 8/15/18 6,538 6,987,487
6.38%, 10/15/20 5,893 6,114,046
7.50%, 7/15/21 1,375 1,485,000
6.75%, 8/15/21 2,241 2,339,044
28,168,205
Professional Services — 0.2%
Truven Health Analytics, Inc., 10.63%, 6/01/20 2,840 2,896,800
Real Estate Investment Trusts (REITs) — 0.6%
Felcor Lodging LP:
6.75%, 6/01/19 5,386 5,601,440
5.63%, 3/01/23 1,422 1,418,445
Host Hotels & Resorts LP, 2.50%, 10/15/29 (c)(f) 815 1,459,869
iStar Financial, Inc.:
4.00%, 11/01/17 685 674,725
5.00%, 7/01/19 480 470,400
Rayonier AM Products, Inc., 5.50%, 6/01/24 (c) 414 385,020
10,009,899
Real Estate Management & Development — 1.8%
Crescent Resources LLC/Crescent Ventures, Inc., 10.25%, 8/15/17 (c) 4,515 4,876,200
Grand City Properties SA, Series D, 2.00%, 10/29/21 EUR 200 245,951
The Howard Hughes Corp., 6.88%, 10/01/21 (c) USD 1,369 1,444,295
Kennedy-Wilson, Inc., 5.88%, 4/01/24 1,364 1,367,410

MARKER FORMAT-SHEET="2 Column - 2nd Div" FSL="Workstation"

Corporate Bonds Par (000)
Real Estate Management & Development (concluded)
Punch Taverns Finance PLC, Series M3, 6.06%, 10/15/27 (c)(d) GBP 1,202 $ 1,821,198
Realogy Corp. (c):
7.63%, 1/15/20 USD 1,986 2,154,810
9.00%, 1/15/20 1,269 1,399,072
Realogy Group LLC/Realogy Co-Issuer Corp., 4.50%, 4/15/19 (c) 4,398 4,387,005
Rialto Holdings LLC/Rialto Corp., 7.00%, 12/01/18 (c) 1,065 1,088,963
RPG Byty Sro, 6.75%, 5/01/20 EUR 1,146 1,485,699
Shea Homes LP/Shea Homes Funding Corp., 8.63%, 5/15/19 USD 6,320 6,699,200
Woodside Homes Co. LLC/Woodside Homes Finance, Inc., 6.75%, 12/15/21 (c) 2,305 2,305,000
29,274,803
Road & Rail — 0.8%
EC Finance PLC, 5.13%, 7/15/21 EUR 675 864,475
Florida East Coast Holdings Corp., 6.75%, 5/01/19 (c) USD 3,372 3,447,870
The Hertz Corp.:
7.50%, 10/15/18 3,220 3,340,750
6.75%, 4/15/19 1,615 1,667,487
5.88%, 10/15/20 370 373,700
7.38%, 1/15/21 2,360 2,489,800
Watco Cos. LLC/Watco Finance Corp., 6.38%, 4/01/23 (c) 1,093 1,112,128
13,296,210
Semiconductors & Semiconductor Equipment — 0.5%
Micron Technology, Inc., 5.50%, 2/01/25 (c) 4,645 4,668,225
NXP BV/NXP Funding LLC, 5.75%, 2/15/21 (c) 2,065 2,183,737
Sensata Technologies BV, 5.63%, 11/01/24 (c) 903 958,309
7,810,271
Software — 1.4%
Audatex North America, Inc., 6.13%, 11/01/23 (c) 1,350 1,400,625
BMC Software Finance, Inc., 8.13%, 7/15/21 (c) 917 859,688
Igloo Holdings Corp., (8.25% Cash or 9.00% PIK), 8.25%, 12/15/17 (c)(g) 881 887,608
Infor Software Parent LLC/Infor Software Parent, Inc., (7.13% Cash or 7.88% PIK), 7.13%, 5/01/21 (c)(g) 4,891 4,878,772
Infor US, Inc., 9.38%, 4/01/19 9,815 10,615,413

MARKER FORMAT-SHEET="2 Column - End of Div" FSL="Workstation"

Field: Page; Sequence: 14

BLACKROCK CORPORATE HIGH YIELD FUND, INC. NOVEMBER 30, 2014 14

Field: /Page

Schedule of Investments (continued)
(Percentages shown are based on Net Assets)

MARKER FORMAT-SHEET="2 Column - 1st Div" FSL="Workstation"

Corporate Bonds Par (000)
Software (concluded)
Nuance Communications, Inc., 5.38%, 8/15/20 (c) USD 2,430 $ 2,448,225
Sophia LP/Sophia Finance, Inc., 9.75%, 1/15/19 (c) 2,437 2,619,775
23,710,106
Specialty Retail — 1.6%
Asbury Automotive Group, Inc.:
8.38%, 11/15/20 2,030 2,263,044
6.00%, 12/15/24 (c)(e) 1,168 1,185,520
The Hillman Group, Inc., 6.38%, 7/15/22 (c) 1,438 1,398,455
L Brands, Inc., 8.50%, 6/15/19 3,925 4,651,125
Magnolia BC SA, 9.00%, 8/01/20 EUR 752 897,672
New Look Bondco I PLC, 8.75%, 5/14/18 GBP 438 721,784
Party City Holdings, Inc., 8.88%, 8/01/20 USD 3,489 3,759,397
PC Nextco Holdings LLC/PC Nextco Finance, Inc., (8.75% Cash or 9.50% PIK), 8.75%, 8/15/19 (c)(g) 1,575 1,598,625
Penske Automotive Group, Inc.:
5.75%, 10/01/22 1,775 1,841,563
5.38%, 12/01/24 1,335 1,338,338
QVC, Inc., 7.38%, 10/15/20 (c) 1,640 1,728,150
Sally Holdings LLC/Sally Capital, Inc., 5.75%, 6/01/22 2,359 2,488,745
THOM Europe SAS, 7.38%, 7/15/19 EUR 1,190 1,372,427
TUI AG, 4.50%, 10/01/19 204 263,493
Twin Set-Simona Barbieri SpA, 5.96%, 7/15/19 (d) 649 694,019
26,202,357
Textiles, Apparel & Luxury Goods — 0.5%
Levi Strauss & Co., 6.88%, 5/01/22 USD 2,430 2,642,625
Polymer Group, Inc., 6.88%, 6/01/19 (c) 900 879,750
PVH Corp., 4.50%, 12/15/22 1,401 1,393,995
Springs Industries, Inc., 6.25%, 6/01/21 2,444 2,389,010
The William Carter Co., 5.25%, 8/15/21 1,398 1,450,425
8,755,805
Thrifts & Mortgage Finance — 0.2%
Radian Group, Inc.:
3.00%, 11/15/17 (f) 330 515,831
2.25%, 3/01/19 (f) 712 1,169,015

MARKER FORMAT-SHEET="2 Column - 2nd Div" FSL="Workstation"

Corporate Bonds Par (000)
Thrifts & Mortgage Finance (concluded)
5.50%, 6/01/19 USD 926 $ 953,780
2,638,626
Trading Companies & Distributors — 0.5%
Ashtead Capital, Inc. (c):
6.50%, 7/15/22 4,976 5,336,760
5.63%, 10/01/24 2,095 2,210,225
Travis Perkins PLC, 4.38%, 9/15/21 GBP 729 1,140,406
8,687,391
Transportation Infrastructure — 0.3%
Aguila 3 SA, 7.88%, 1/31/18 (c) USD 3,220 3,155,600
JCH Parent, Inc., (10.50% Cash or 11.25% PIK), 10.50%, 3/15/19 (c)(g) 2,553 2,412,585
5,568,185
Wireless Telecommunication Services — 5.4%
Crown Castle International Corp., 5.25%, 1/15/23 4,871 4,956,242
Digicel Group Ltd. (c):
8.25%, 9/30/20 3,495 3,582,375
7.13%, 4/01/22 6,215 6,075,162
Digicel Ltd., 6.00%, 4/15/21 (c) 7,619 7,466,620
The Geo Group, Inc.:
5.88%, 1/15/22 2,220 2,292,150
5.88%, 10/15/24 2,030 2,070,600
SBA Communications Corp., 4.88%, 7/15/22 (c) 3,775 3,671,188
Sprint Capital Corp., 8.75%, 3/15/32 1,330 1,398,163
Sprint Communications, Inc. (c):
9.00%, 11/15/18 13,529 15,659,817
7.00%, 3/01/20 6,812 7,497,457
Sprint Corp.:
7.88%, 9/15/23 6,044 6,331,090
7.13%, 6/15/24 4,742 4,688,653
T-Mobile USA, Inc.:
6.63%, 4/28/21 1,897 1,953,910
6.13%, 1/15/22 367 373,423
6.73%, 4/28/22 1,227 1,269,945
6.00%, 3/01/23 2,244 2,277,660
6.50%, 1/15/24 2,638 2,697,355
6.38%, 3/01/25 7,145 7,252,175
Wind Acquisition Finance SA:
4.00%, 7/15/20 EUR 4,549 5,653,502
4.08%, 7/15/20 (d) 2,115 2,588,208
89,755,695
Total Corporate Bonds — 102.2% 1,687,779,594

MARKER FORMAT-SHEET="2 Column - End of Div" FSL="Workstation"

Field: Page; Sequence: 15

BLACKROCK CORPORATE HIGH YIELD FUND, INC. NOVEMBER 30, 2014 15

Field: /Page

Schedule of Investments (continued)
(Percentages shown are based on Net Assets)

MARKER FORMAT-SHEET="2 Column - 1st Div" FSL="Workstation"

Floating Rate Loan Interests (d) Par (000)
Aerospace & Defense — 0.2%
BE Aerospace, Inc., 2014 Term Loan B, 5.25%, 11/19/21 USD 3,300 $ 3,303,432
Air Freight & Logistics — 0.2%
CEVA Group PLC, Synthetic LC, 6.50%, 3/19/21 1,149 1,085,283
CEVA Intercompany BV, Synthetic LC, 6.50%, 3/19/21 1,205 1,138,757
CEVA Logistics Canada ULC, Canadian Term Loan, 6.50%, 3/19/21 208 196,338
CEVA Logistics U.S. Holdings, Inc., Term Loan, 6.50%, 3/19/21 1,662 1,570,700
3,991,078
Airlines — 0.8%
Delta Air Lines, Inc., 2018 Term Loan B1, 3.25%, 10/18/18 2,349 2,318,300
Northwest Airlines, Inc.:
2.18%, 3/10/17 4,430 4,291,024
1.56%, 9/10/18 6,495 6,178,052
12,787,376
Auto Components — 0.7%
Gates Global, Inc., Term Loan B, 4.25%, 7/05/21 11,445 11,326,315
Building Products — 0.1%
Wilsonart LLC, Term Loan B, 4.00%, 10/31/19 2,309 2,269,926
Capital Markets — 0.3%
Affinion Group, Inc.:
2nd Lien Term Loan, 8.50%, 10/12/18 2,300 2,124,625
Term Loan B, 6.75%, 4/30/18 199 190,574
American Capital Holdings, Inc., 2017 Term Loan, 3.50%, 8/22/17 2,983 2,959,140
5,274,339
Chemicals — 0.2%
Axalta Coating Systems US Holdings, Inc., Term Loan, 3.75%, 2/01/20 1,348 1,328,900
OXEA Finance LLC, 2nd Lien Term Loan, 8.25%, 7/15/20 1,615 1,566,550
2,895,450
Commercial Services & Supplies — 0.3%
Brand Energy & Infrastructure Services, Inc., Term Loan B, 4.75%, 11/26/20 2,822 2,804,535
Catalent Pharma Solutions, Inc., Term Loan, 6.50%, 12/29/17 211 211,072

MARKER FORMAT-SHEET="2 Column - 2nd Div" FSL="Workstation"

Floating Rate Loan Interests (d) Par (000)
Commercial Services & Supplies (concluded)
Spin Holdco, Inc., Term Loan B, 4.25%, 11/14/19 USD 2,627 $ 2,607,993
5,623,600
Communications Equipment — 1.0%
Amaya Holdings BV:
1st Lien Term Loan, 5.00%, 8/01/21 2,310 2,306,398
2nd Lien Term Loan, 8.00%, 8/01/22 6,800 6,919,000
Zayo Group LLC/Zayo Capital, Inc., Term Loan B, 4.00%, 7/02/19 6,963 6,943,793
16,169,191
Construction Materials — 0.3%
HD Supply, Inc., Term Loan B, 4.00%, 6/28/18 4,814 4,796,416
Diversified Telecommunication Services — 0.3%
Hawaiian Telcom Communications, Inc., Term Loan B, 5.00%, 6/06/19 2,955 2,955,528
Level 3 Financing, Inc., 2019 Term Loan, 4.00%, 8/01/19 1,785 1,780,984
4,736,512
Electric Utilities — 0.7%
American Energy - Utica LLC, 2nd Lien Term Loan, 5.50%, 9/30/18 5,855 5,855,035
Energy Future Intermediate Holding Co LLC, DIP Term Loan, 4.25%, 6/19/16 5,103 5,106,102
10,961,137
Electrical Equipment — 0.3%
Texas Competitive Electric Holdings Co. LLC, DIP Term Loan, 3.75%, 5/05/16 5,613 5,644,123
Energy Equipment & Services — 0.1%
Dynegy Holdings, Inc., Term Loan B2, 4.00%, 4/23/20 992 988,557
Food & Staples Retailing — 0.0%
Rite Aid Corp., 2nd Lien Term Loan, 5.75%, 8/21/20 600 604,998
Health Care Providers & Services — 0.4%
CHS/Community Health Systems, Inc., Term Loan D, 4.25%, 1/27/21 3,607 3,612,444
Genesis HealthCare Corp., Term Loan B, 10.00%, 9/25/17 1,219 1,273,538

MARKER FORMAT-SHEET="2 Column - End of Div" FSL="Workstation"

Field: Page; Sequence: 16

BLACKROCK CORPORATE HIGH YIELD FUND, INC. NOVEMBER 30, 2014 16

Field: /Page

Schedule of Investments (continued)
(Percentages shown are based on Net Assets)

MARKER FORMAT-SHEET="2 Column - 1st Div" FSL="Workstation"

Floating Rate Loan Interests (d) Par (000)
Health Care Providers & Services (concluded)
Surgery Center Holdings, Inc., 1st Lien Term Loan, 5.25%, 11/03/20 USD 966 $ 964,926
5,850,908
Hotels, Restaurants & Leisure — 3.5%
Boyd Gaming Corp., Term Loan B, 4.00%, 8/14/20 2,261 2,238,642
Bronco Midstream Funding LLC, Term Loan B, 5.00%, 8/15/20 6,097 6,066,074
Caesars Entertainment Operating Co., Inc.:
Extended Term Loan B6, 6.99%, 3/01/17 6,405 5,830,371
Term Loan B7, 9.75%, 1/28/18 6,510 5,991,375
Caesars Entertainment Resort Properties LLC, Term Loan B, 7.00%, 10/11/20 8,376 7,972,275
Diamond Resorts Corp., Term Loan, 5.50%, 5/09/21 2,868 2,846,304
Hilton Worldwide Finance LLC, Term Loan B2, 3.50%, 10/26/20 3,061 3,032,616
La Quinta Intermediate Holdings LLC, Term Loan B, 4.00%, 4/14/21 5,326 5,302,172
MGM Resorts International, Term Loan B, 3.50%, 12/20/19 1,770 1,742,186
Pinnacle Entertainment, Inc., Term Loan B2, 3.75%, 8/13/20 2,317 2,295,042
Playa Resorts Holding BV, Term Loan B, 4.00%, 8/06/19 2,199 2,174,212
Station Casinos LLC, Term Loan B, 4.25%, 3/02/20 4,907 4,867,101
Travelport Finance (Luxembourg) Sarl, 2014 Term Loan B, 6.00%, 9/02/21 6,980 6,998,706
57,357,076
Independent Power and Renewable Electricity Producers — 0.0%
Calpine Corp., Term Loan B1, 4.00%, 4/01/18 222 221,654
Industrial Conglomerates — 0.4%
Sequa Corp., Term Loan B, 5.25%, 6/19/17 6,368 6,208,384
Insurance — 0.1%
Alliant Holdings I, Inc., Term Loan B, 4.25%, 12/20/19 1,650 1,642,106
Internet Software & Services — 0.2%
Interactive Data Corp., 2014 Term Loan, 4.50%, 5/02/21 3,641 3,656,349

MARKER FORMAT-SHEET="2 Column - 2nd Div" FSL="Workstation"

Floating Rate Loan Interests (d) Par (000)
IT Services — 1.0%
Ceridian LLC, Term Loan B2, 4.50%, 5/09/17 USD 841 $ 833,356
First Data Corp.:
2018 Extended Term Loan, 3.66%, 3/23/18 15,480 15,276,903
2018 Term Loan, 3.66%, 9/24/18 200 197,208
16,307,467
Machinery — 0.2%
Rexnord LLC, 1st Lien Term Loan B, 4.00%, 8/21/20 2,886 2,865,445
Silver II US Holdings LLC, Term Loan, 4.00%, 12/13/19 1,121 1,093,080
3,958,525
Media — 1.1%
Cengage Learning Acquisitions, Inc.:
0.00%, 7/03/15 (a)(k) 10,469 1
7.00%, 3/31/20 5,107 5,106,139
Charter Communications Operating LLC, Term Loan G, 4.25%, 9/12/21 4,030 4,056,114
Clear Channel Communications, Inc.:
Term Loan B, 3.81%, 1/29/16 362 358,028
Term Loan D, 6.91%, 1/30/19 4,098 3,850,737
Getty Images, Inc., Term Loan B, 4.75%, 10/18/19 75 70,802
Media General, Inc., Delayed Draw Term Loan B, 4.25%, 7/31/20 3,410 3,414,494
Tribune Co., 2013 Term Loan, 4.00%, 12/27/20 225 224,259
Univision Communications, Inc., Term Loan C4, 4.00%, 3/01/20 1,795 1,776,494
18,857,068
Metals & Mining — 0.1%
Novelis, Inc., Term Loan, 3.75%, 3/10/17 1,587 1,584,477
Multiline Retail — 0.2%
BJ's Wholesale Club, Inc., 2nd Lien Term Loan, 8.50%, 3/26/20 1,065 1,065,756
Neiman Marcus Group, Inc., 2020 Term Loan, 4.25%, 10/25/20 2,589 2,571,243
3,636,999
Oil, Gas & Consumable Fuels — 0.2%
American Energy - Marcellus LLC, 1st Lien Term Loan, 5.25%, 8/04/20 1,001 946,949

MARKER FORMAT-SHEET="2 Column - End of Div" FSL="Workstation"

Field: Page; Sequence: 17

BLACKROCK CORPORATE HIGH YIELD FUND, INC. NOVEMBER 30, 2014 17

Field: /Page

Schedule of Investments (continued)
(Percentages shown are based on Net Assets)

MARKER FORMAT-SHEET="2 Column - 1st Div" FSL="Workstation"

Floating Rate Loan Interests (d) Par (000)
Oil, Gas & Consumable Fuels (concluded)
Arch Coal, Inc., Term Loan B, 6.25%, 5/16/18 USD 1,436 $ 1,263,720
Obsidian Natural Gas Trust, Term Loan, 7.00%, 11/02/15 1,674 1,657,406
3,868,075
Pharmaceuticals — 0.8%
Grifols Worldwide Operations USA, Inc., Term Loan B, 3.16%, 2/27/21 4,761 4,714,940
Mallinckrodt International Finance SA, Term Loan B, 3.50%, 3/19/21 1,811 1,794,204
Par Pharmaceutical Cos., Inc., Term Loan B2, 4.00%, 9/30/19 4,624 4,555,964
Pharmaceutical Product Development LLC, Term Loan B, 4.00%, 12/05/18 1,373 1,369,257
12,434,365
Professional Services — 0.3%
Advantage Sales & Marketing, Inc.:
2014 1st Lien Term Loan, 4.25%, 7/23/21 1,645 1,631,112
2014 2nd Lien Term Loan, 7.50%, 7/25/22 2,495 2,476,288
Delayed Draw Term Loan, 4.25%, 7/23/21 55 54,370
4,161,770
Real Estate Management & Development — 0.0%
Realogy Corp., Extended Letter of Credit, 4.40%, 10/10/16 229 224,445
Road & Rail — 0.1%
Hertz Corp., Term Loan B2, 3.00%, 3/11/18 1,020 995,265
Semiconductors & Semiconductor Equipment — 0.4%
Avago Technologies Cayman Ltd., Term Loan B, 3.75%, 5/06/21 5,062 5,059,781
Freescale Semiconductor, Inc., Term Loan B4, 4.25%, 2/28/20 1,954 1,936,664
6,996,445
Software — 0.4%
GCA Services Group, Inc., 2nd Lien Term Loan, 9.25%, 10/22/20 260 259,350
Infor US, Inc., Term Loan B5, 3.75%, 6/03/20 2,713 2,672,567
Kronos, Inc., 2nd Lien Term Loan, 9.75%, 4/30/20 3,445 3,547,973

MARKER FORMAT-SHEET="2 Column - 2nd Div" FSL="Workstation"

Floating Rate Loan Interests (d) Par (000)
Software (concluded)
Tibco Software, Inc., Term Loan B, 6.50%, 11/04/20 USD 930 $ 910,628
7,390,518
Technology Hardware, Storage & Peripherals — 0.1%
Dell Inc., Term Loan C, 3.75%, 10/29/18 2,094 2,076,779
Textiles, Apparel & Luxury Goods — 0.4%
Ascend Performance Materials LLC, Term Loan B, 6.75%, 4/10/18 6,118 5,942,229
Total Floating Rate Loan Interests — 15.4% 254,743,354
Non-Agency Mortgage-Backed Securities
Collateralized Mortgage Obligations — 0.3%
Hilton USA Trust, Series 2013-HLT, Class EFX, 5.61%, 11/05/30 (c)(d) 3,829 3,931,682
Other Interests (l) Beneficial Interest (000)
Auto Components — 0.0%
Lear Corp. Escrow 1,250 10,938
Media — 0.0%
Adelphia Escrow (a) 4,000 40
Adelphia Recovery Trust (a) 5,017 1,003
1,043
Total Other Interests — 0.0% 11,981
Preferred Securities
Capital Trusts Par (000)
Banks — 0.4%
Wells Fargo & Co., Series S, 5.90% (d)(h) 6,425 6,609,719
Capital Markets — 0.4%
The Goldman Sachs Group, Inc., Series L, 5.70% (d)(h) 5,978 6,112,505
Diversified Financial Services — 1.4%
Bank of America Corp.:
Series U, 5.20% (d)(h) 795 729,015
Series V, 5.13% (d)(h) 5,620 5,437,350

MARKER FORMAT-SHEET="2 Column - End of Div" FSL="Workstation"

Field: Page; Sequence: 18

BLACKROCK CORPORATE HIGH YIELD FUND, INC. NOVEMBER 30, 2014 18

Field: /Page

Schedule of Investments (continued)
(Percentages shown are based on Net Assets)

MARKER FORMAT-SHEET="2 Column - 1st Div" FSL="Workstation"

Capital Trusts Par (000)
Diversified Financial Services (concluded)
Barclays PLC, 8.00% (d)(h) USD 985 $ 1,282,756
Citigroup, Inc., Series D, 5.35% (d)(h) 1,055 981,150
JPMorgan Chase & Co. (d)(h):
Series Q, 5.15% 850 813,875
Series U, 6.13% 4,228 4,275,565
Series V, 5.00% 5,615 5,513,930
Morgan Stanley, Series H, 5.45% (d)(h) 4,815 4,851,112
23,884,753
Diversified Telecommunication Services — 0.1%
Telefonica Europe BV, 4.38%, (d)(h) 700 875,551
Media — 0.0%
NBCUniversal Enterprise, Inc., 5.25% (c)(h) 400 416,500
Total Capital Trusts — 2.3% 37,899,028
Preferred Stocks Shares
Capital Markets — 0.5%
Orange SA, 4.00% (d)(h) 1,225,000 1,567,662
RBS Capital Funding Trust, Series F, 6.25% 93,975 2,321,089
RBS Capital Funding Trust VII, 6.08% 3,801,775 3,685,694
State Street Corp., Series D, 5.90% (d) 20,889 546,456
8,120,901
Diversified Financial Services — 0.1%
Ally Financial, Inc., Series A, 8.50% (d)(h) 41,694 1,106,559
Media — 0.0%
Emmis Communications Corp., Series A, 6.25% 10,300 128,750
Oil, Gas & Consumable Fuels — 0.3%
Chesapeake Energy Corp., 5.75% (f)(h) 4,151 4,713,959
Chesapeake Energy Corp., 5.75% (c) 1,182 1,272,127
5,986,086

MARKER FORMAT-SHEET="2 Column - 2nd Div" FSL="Workstation"

Preferred Stocks Shares
Real Estate Management & Development — 0.1%
Concrete Investments II, 0.00% 4,997 $ 863,679
Software — 1.8%
Amaya Gaming Group, Inc., 0.00% 19,851 29,598,561
Total Preferred Stocks — 2.8% 45,804,536
Trust Preferred Par (000)
Diversified Financial Services — 0.5%
GMAC Capital Trust I, Series 2, 8.13% (d) USD 7,537 7,943,546
Total Preferred Securities — 5.6% 91,647,110
Warrants (m) Shares
Media — 0.0%
New Vision Holdings LLC (Expires 12/31/14) 89,790 4,857
Metals & Mining — 0.0%
Peninsula Energy Ltd. (Expires 12/31/15) 31,614,557 258,195
Software — 0.0%
HMH Holdings/EduMedia (Issued/exercisable 3/09/10, 19 Shares for 1 Warrant, Expires 6/22/19, Strike Price $42.27) 6,494 31,587
Total Warrants — 0.0% 294,639
Total Long-Term Investments (Cost — $2,280,875,349) — 138.8% 2,291,680,820
Options Purchased (Cost — $464,170) — 0.0% 359,700
Total Investments (Cost — $2,281,339,519*) — 138.8% 2,292,040,520
Liabilities in Excess of Other Assets — (38.8)% (640,912,869)
Net Assets — 100.0% $ 1,651,127,651
* As of November 30, 2014, gross unrealized appreciation and depreciation based on cost for federal income tax purposes were as follows:
Tax cost $ 2,286,703,970
Gross unrealized appreciation $ 93,236,991
Gross unrealized depreciation (87,900,441)
Net unrealized appreciation $ 5,336,550

MARKER FORMAT-SHEET="2 Column - End of Div" FSL="Workstation"

Field: Page; Sequence: 20

BLACKROCK CORPORATE HIGH YIELD FUND, INC. NOVEMBER 30, 2014 19

Field: /Page Field: Split-Segment; Name: notes

Schedule of Investments (continued) BlackRock Corporate High Yield Fund, Inc. (HYT)

| Notes
to Schedule of Investments | |
| --- | --- |
| (a) | Non-income producing security. |
| (b) | Security is held by a wholly owned subsidiary. |
| (c) | 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. |
| (d) | Variable rate security. Rate shown is as of report date. |
| (e) | When-issued security. Unsettled when-issued transactions were as follows: |

Counterparty — Bank of America N.A. $ 11,257,087 $ 227,088
Barclays Capital Inc. $ 5,358,570 $ (13,430 )
Citigroup Global Markets Holdings, Inc. $ 3,588,895 $ —
Credit Suisse Securities (USA) LLC $ 3,701,600 $ 18,765
Goldman Sachs & Co. $ 949,850 $ —
Jefferies Co. $ 1,945,000 $ —
Morgan Stanley & Co. LLC $ 2,925,100 $ 470
Robert W. Bard Co., Inc. $ 239,400 $ (600 )
(f) Convertible security.
(g) Represents a 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) Security is perpetual in nature and has no stated maturity date.
(i) Zero-coupon bond.
(j) Represents a step-up bond that pays an initial coupon rate for the first period and then a higher coupon rate for the following periods. Rate shown is as of report date.
(k) Issuer filed for bankruptcy and/or is in default of principal and/or interest payments.
(l) Other interests represent beneficial interests in liquidation trusts and other reorganization or private entities.
(m) Warrants entitle the Trust to purchase a predetermined number of shares of common stock and are non-income producing. The purchase price and number of shares are subject to adjustment under certain conditions until the expiration date, if any.

| Portfolio
Abbreviations | |
| --- | --- |
| ADR | American Depositary Receipts |
| AUD | Australian Dollar |
| CAD | Canadian Dollar |
| CLO | Collateralized Loan Obligation |
| DIP | Debtor-In-Possession |
| EUR | Euro |
| GBP | British Pound |
| MSCI | Morgan Stanley Capital International |
| PIK | Payment-In-Kind. |
| USD | U.S. Dollar |

Field: Page; Sequence: 21

BLACKROCK CORPORATE HIGH YIELD FUND, INC. NOVEMBER 30, 2014 20

Field: /Page

Schedule of Investments (continued) BlackRock Corporate High Yield Fund, Inc. (HYT)

• Financial futures contracts outstanding as of November 30, 2014 were as follows:

Contracts Sold Issue Exchange Expiration Notional Value
(950) S&P 500 E-Mini Index Chicago Mercantile December 2014 USD 98,149,250 $ (4,894,221)
(146) Russell 2000 E-Mini Index Chicago Mercantile December 2014 USD 17,105,360 (448,459)
Total $ (5,342,680)

• Forward foreign currency exchange contracts outstanding as of November 30, 2014 were as follows:

Currency Purchased — CAD 910,000 Currency Sold — USD 810,106 Counterparty — Standard Chartered Bank Settlement Date — 1/21/15 $ (15,234 )
CAD 3,895,000 USD 3,438,508 State Street Bank and Trust Co. 1/21/15 (36,282 )
EUR 1,097,000 USD 1,376,108 Bank of America N.A. 1/21/15 (11,602 )
EUR 102,000 USD 127,652 Bank of America N.A. 1/21/15 (779 )
EUR 5,800,000 USD 7,207,917 BNP Paribas S.A. 1/21/15 6,427
EUR 380,000 USD 474,124 BNP Paribas S.A. 1/21/15 (1,460 )
EUR 1,041,000 USD 1,300,231 JPMorgan Chase Bank N.A. 1/21/15 (5,381 )
EUR 480,000 USD 612,600 State Street Bank and Trust Co. 1/21/15 (15,551 )
EUR 444,000 USD 552,576 State Street Bank and Trust Co. 1/21/15 (305 )
GBP 1,003,000 USD 1,571,579 Bank of America N.A. 1/21/15 (5,387 )
GBP 182,000 USD 293,514 State Street Bank and Trust Co. 1/21/15 (9,320 )
GBP 397,000 USD 634,731 The Bank of New York Mellon 1/21/15 (14,813 )
USD 675,444 AUD 781,000 UBS AG 1/21/15 13,251
USD 55,619,411 CAD 62,472,000 Barclays Bank PLC 1/21/15 1,051,025
USD 1,326,069 CAD 1,480,000 Citibank N.A. 1/21/15 33,310
USD 5,741,951 CAD 6,555,000 Toronto - Dominion Bank 1/21/15 16,254
USD 583,237 EUR 460,000 BNP Paribas S.A. 1/21/15 11,065
USD 998,448 EUR 789,000 Goldman Sachs International 1/21/15 17,048
USD 154,508,625 EUR 121,102,500 JPMorgan Chase Bank N.A. 1/21/15 3,874,994
USD 251,098 EUR 200,000 UBS AG 1/21/15 2,327
USD 63,255,417 GBP 39,672,000 Barclays Bank PLC 1/21/15 1,307,321
Total $ 6,216,908

• Exchange-traded options purchased as of November 30, 2014 were as follows:

Description — S&P 500 Index Counterparty — Merrill Lynch, Pierce, Fenner & Smith, Inc. Put/ Call — Put USD 206.00 12/20/14 1,650 $ 359,700

• OTC options purchased as of November 30, 2014 were as follows:

Description Counterparty Put/ Call Strike Price Expiration Date Contracts Market Value
Marsico Parent Superholdco LLC Goldman Sachs & Co. Call USD 942.86 12/21/19 39 $ —

Field: Page; Sequence: 22

BLACKROCK CORPORATE HIGH YIELD FUND, INC. NOVEMBER 30, 2014 21

Field: /Page

Schedule of Investments (continued) BlackRock Corporate High Yield Fund, Inc. (HYT)

• OTC credit default swaps – sold protection outstanding as of November 30, 2014 were as follows:

Issuer/Index — CCO Holdings LLC Receive Fixed Rate — 8.00% Counterparty — Deutsche Bank AG Expiration Date — 9/20/17 B+ USD 8,180 $ 1,532,438 $ 1,532,438
Trionista Holdco GmbH 5.00% Citibank N.A. 3/20/19 B+ EUR 340 54,755 $ 31,725 23,030
Trionista Holdco GmbH 5.00% Citibank N.A. 3/20/19 B+ EUR 363 58,500 34,413 24,087
Trionista Holdco GmbH 5.00% Citibank N.A. 3/20/19 B+ EUR 289 46,472 33,091 13,381
Level 3 Communications, Inc. 5.00% Goldman Sachs International 6/20/19 B USD 5,000 676,403 (350,002) 1,026,405
Total $ 2,368,568 $ (250,773) $ 2,619,341
For Trust compliance purposes, the Trust’s sector classifications refer to any 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 advisor. These definitions may not apply for purposes of this report, which may combine such sector sub-classifications for reporting ease.
Fair Value Measurements - Various inputs are used in determining the fair value of investments and derivative financial instruments. These inputs to valuation techniques are categorized into a disclosure hierarchy consisting of three broad levels for financial reporting] purposes. 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. The categorization of a value determined for investments and derivative financial instruments is based on the pricing transparency of the investment and derivative financial instrument and is not necessarily an indication of the risks associated with investing in those securities. The three levels of the fair value hierarchy are as follows:
Level 1 — unadjusted quoted prices in active markets/exchanges for identical assets or liabilities that the Trust 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)
Level 3 — unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Trust's own assumptions used in determining the fair value of investments and derivative financial instruments)
Changes in valuation techniques may result in transfers into or out of an
assigned level within the disclosure hierarchy. In accordance with the Trust policy, transfers between different levels of the
fair value disclosure hierarchy are deemed to have occurred as of the beginning of the reporting period. For information about
the Trust’s policy regarding valuation of investments and derivative financial instruments, please refer to the Trust’s
most recent financial statements as contained in its annual report.

Field: Page; Sequence: 23

BLACKROCK CORPORATE HIGH YIELD FUND, INC. NOVEMBER 30, 2014 22

Field: /Page

Schedule of Investments (continued) BlackRock Corporate High Yield Fund, Inc. (HYT)

The following tables summarize the Trust's investments and derivative financial instruments categorized in the disclosure hierarchy as of November 30, 2014:

Assets:
Investments:
Long-Term Investments:
Asset-Backed Securities $ — $ 31,866,534 $ 11,314,927 $ 43,181,461
Common Stocks 120,323,864 55,013,656 34,753,479 210,090,999
Corporate Bonds 1,660,810,346 26,969,248 1,687,779,594
Floating Rate Loan Interests 220,551,697 34,191,657 254,743,354
Non-Agency Mortgage-Backed Securities 3,931,682 3,931,682
Other Interests 1,003 10,978 11,981
Preferred Securities 20,317,302 40,867,567 30,462,241 91,647,110
Warrants 170,705 123,934 294,639
Options Purchased:
Equity Contracts 359,700 359,700
Total $ 141,171,571 $ 2,013,042,485 $ 137,826,464 $ 2,292,040,520
Level 1 Level 2 Level 3 Total
Derivative Financial Instruments 1
Assets:
Credit contracts $ 2,619,341 $ 2,619,341
Foreign currency exchange contracts 6,333,022 6,333,022
Liabilities:
Credit contracts
Equity contracts $ (5,342,680) (5,342,680 )
Foreign currency exchange contracts (116,114 ) (116,114 )
Total $ (5,342,680) $ 8,836,249 $ 3,493,569

1 Derivative financial instruments are swaps, financial futures contracts, and forward foreign currency exchange contracts, which are valued at the unrealized appreciation/depreciation on the instrument.

Field: Page; Sequence: 24

BLACKROCK CORPORATE HIGH YIELD FUND, INC. NOVEMBER 30, 2014 23

Field: /Page

Schedule of Investments (continued) BlackRock Corporate High Yield Fund, Inc. (HYT)

The Trust may hold assets and/or liabilities in which the fair value approximates the carrying amount for financial reporting purposes. As of November 30, 2014, such assets and/or liabilities are categorized within the disclosure hierarchy as follows:

Assets:
Cash $ 128,934 $ 128,934
Cash pledged for financial futures contracts 5,327,000 5,327,000
Liabilities:
Bank borrowings payable $ (656,000,000) (656,000,000)
Cash received as collateral for OTC swaps (2,700,000) (2,700,000)
Foreign currency overdraft (135,804) (135,804)
Total $ 5,455,934 $ (658,835,804) $ — $ (653,379,870)

| A reconciliation of Level 3 investments and derivative 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 year 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 | Asset-Backed Securities | Corporate Bonds | Floating Rate Loan Interests | Other Interests | Preferred Securities | Warrants | Total |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Assets: | | | | | | | | |
| Opening Balance, as of August 31, 2014 | $ 56,896,277 | $ 6,775,056 | $29,135,018 | $ 38,229,343 | $ 10,978 | $ 1,011,134 | $ 4,857 | $ 132,062,663 |
| Transfers into Level 3 1 | — | — | — | 9,982,501 | — | 22,866,140 | 118,682 | 32,967,323 |
| Transfers out of Level 3 2 | (16,930,672) | (5,448,731) | — | (8,954,880) | — | — | — | (31,334,283) |
| Accrued discounts/premiums | — | 62 | (3,623) | 71,676 | — | — | — | 68,115 |
| Net realized gain (loss) | — | — | 38,581 | 121,311 | — | — | — | 159,892 |
| Net change in unrealized appreciation/ depreciation 3,4 | (5,212,126) | (15,395) | (179,702) | (653,339) | — | 6,578,374 | 395 | 518,207 |
| Purchases | — | 10,003,935 | 1,671,484 | 80,285 | — | 1,028,592 | — | 12,784,296 |
| Sales | — | — | (3,692,510) | (4,685,240) | — | (1,021,999) | — | (9,399,749) |
| Closing Balance, as of November 30, 2014 | $ 34,753,479 | $11,314,927 | $26,969,248 | $ 34,191,657 | $ 10,978 | $ 30,462,241 | $ 123,934 | $ 137,826,464 |
| Net change in unrealized appreciation/depreciation on investments still held at November 30, 2014 4 | $ (5,212,126) | $ 88 (15,395) | $ 8 (153,402) | $ (652,060) | — | $ 6,574,102 | $ 395 | $ 541,514 |

1 As of August 31, 2014, the Trust used significant observable inputs in determining the value of certain investments. As of November 30, 2014, the Trust used unobservable inputs in determining the value of the same investments. As a result, investments with a beginning of period value of $32,967,323 transferred from Level 2 to Level 3 in the disclosure hierarchy.
2 As of August 31, 2014, the Trust used significant unobservable inputs in determining the value of certain investments. As of November 30, 2014, the Trust used observable inputs in determining the value of the same investments. As a result, investments with a beginning of period value of $32,967,323 transferred from Level 3 to Level 2 in the disclosure hierarchy.
3 Included in the related net change in unrealized appreciation/depreciation in the Consolidated Statements of Operations.
4 Any difference between Net change in unrealized appreciation/depreciation and Net change in unrealized appreciation/depreciation on investments held as of November 30, 2014 is generally due to investments no longer held or categorized as Level 3 at period end.

The Trust’s investments that are categorized as Level 3 were valued utilizing third party pricing information without adjustment. Such valuations are based on unobservable inputs. A significant change in third party information could results in a significantly lower or higher value of such Level 3 instruments.

Field: Page; Sequence: 25

BLACKROCK CORPORATE HIGH YIELD FUND, INC. NOVEMBER 30, 2014 24

Field: /Page

Schedule of Investments (concluded) BlackRock Corporate High Yield Fund, Inc. (HYT)

The following table summarizes the valuation techniques used and unobservable inputs developed by the Global Valuation Committee to determine the value of certain of the Trust’s Level 3 investments and derivative financial instruments as of November 30, 2014. The table does not include Level 3 investments and derivative financial instruments with values derived based upon unadjusted third party pricing information. A significant change in third party pricing information could result in a significantly lower or higher value of such Level 3 investments and derivative financial instruments. The value of Level 3 investments and derivative financial instruments derived using third party pricing information is $80,069,894.

Value Valuation Techniques Unobservable Inputs Range of Unobservable Inputs Utilized
Assets:
Common Stocks $ 10,862,810 Market Comparable Companies 2P (Proved and Probable) Reserves
+2C (Contingent) Resources Multiple 2 CAD $0.45x
PV-10 Multiple 2,3 0.19x
17,637,548 Market Comparable Companies Fleet Value Multiple 1.11x
2016E EBITDA Multiple 4.73x
6,253,117 Market Comparable Companies Last 12 Months EBITDA Multiple 2 5.13x-5.88x
Current Fiscal Year EBITDA Multiple 2 4.63x-6.25x
Discontinued Operations Expected Sales Proceeds $150 4
Corporate Bonds 1,888,157 Cost 1 N/A
17,957,116 Other Internal Rate of Return 3 9.50%
4,906,200 Discounted Cash Flow Internal Rate of Return 3 10.00%
2,217,774 Par Call Price 2
Preferred Stock 29,598,562 Last Dealer Mark - Adjusted Illiquidity Discount 1.67%
Warrants 4,857 Estimated Recovery Value Distribution Rate 3 $0.0541
31,587 Last Dealer Mark - Adjusted Delta Adjustment Based on Daily Movement in the Common Equity 120.00%
Total $ 91,357,728
1 The Trust fair values certain of its Level 3 investments using acquisition cost, although the transaction may not have occurred during the current reporting period. These investments are generally privately held investments. There may not be a secondary market, and/or there are a limited number of investors. The determination to fair value such investments at cost is based upon factors consistent with the principles of fair value measurement that are reasonably available to the Global Valuation Committee, or its delegate. Valuations are reviewed utilizing available market information to determine if the carrying value should be adjusted. Such market data may include, but is not limited to, observations of the trading multiples of public companies considered comparable to the private companies being valued, financial or operational information released by the company, and/or news or corporate events that affect the investment. Valuations may be adjusted to account for company-specific issues, the lack of liquidity inherent in a nonpublic investment and the fact that comparable public companies are not identical to the investments being fair valued by the Trust.
2 Increase in unobservable input may result in a significant increase to value, while a decrease in the unobservable input may result in a significant decrease to value.
3 Decrease in unobservable input may result in a significant increase to value, while an increase in the unobservable input may result in a significant decrease to value.
4 Amount is stated in millions.

Field: Page; Sequence: 26

BLACKROCK CORPORATE HIGH YIELD FUND, INC. NOVEMBER 30, 2014 25

Field: /Page

Item 2 – Controls and Procedures

2(a) – The registrant's principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the ″1940 Act″)) are effective as of a date within 90 days of the filing of this report based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rule 13a-15(b) under the Securities Exchange Act of 1934, as amended.
2(b) – There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.
Item 3 – Exhibits
Certifications – Attached hereto
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
BlackRock Corporate High Yield Fund, Inc.
By: /s/ John M. Perlowski
John M. Perlowski
Chief Executive Officer (principal executive officer) of
BlackRock Corporate High Yield Fund, Inc.
Date: January 22, 2015
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By: /s/ John M. Perlowski
John M. Perlowski
Chief Executive Officer (principal executive officer) of
BlackRock Corporate High Yield Fund, Inc.
Date: January 22, 2015
By: /s/ Neal J. Andrews
Neal J. Andrews
Chief Financial Officer (principal financial officer) of
BlackRock Corporate High Yield Fund, Inc.
Date: January 22, 2015

Field: Page; Sequence: 2; Options: Last

Field: /Page

Talk to a Data Expert

Have a question? We'll get back to you promptly.