BLACKROCK MUNIYIELD FUND, INC. — Director's Dealing 2011

May 13, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BLACKROCK MUNIYIELD FUND INC (MYD)
CIK: 0000879361
Period of Report: 2011-04-14

Reporting Person: BANK OF AMERICA CORP /DE/ (10% Owner)
Reporting Person: MERRILL LYNCH, PIERCE, FENNER & SMITH INC. (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-04-14	Common Stock	P	10	$12.88	Acquired	10	Indirect
2011-04-14	Common Stock	S	10	$12.86	Disposed	0	Indirect
2011-04-15	Common Stock	P	2875	$12.79	Acquired	2875	Indirect
2011-04-15	Common Stock	S	1435	$12.83	Disposed	1440	Indirect
2011-04-15	Common Stock	S	1440	$12.84	Disposed	0	Indirect
2011-04-26	Common Stock	P	80	$13.01	Acquired	80	Indirect
2011-04-26	Common Stock	S	80	$12.96	Disposed	0	Indirect
2011-04-27	Common Stock	P	20	$13.12	Acquired	20	Indirect
2011-04-27	Common Stock	S	20	$13.00	Disposed	0	Indirect