BlackRock Corporate High Yield Fund
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
52nd Street, New York, NY 10055
Registrants telephone number, including area code: (800) 882-0052, Option 4
Date of fiscal year end: 08/31/2019
Date of reporting period: 11/30/2018
Item 1 Schedule of Investments
|
|
|
Consolidated Schedule of Investments (unaudited)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
Security |
|
Shares |
|
|
Value |
|
|
Common Stocks 2.9% |
|
|
Chemicals 0.6% |
|
Advanced Emissions Solutions, Inc. |
|
|
168,580 |
|
|
$ |
1,815,607 |
|
Platform Specialty Products Corp.(a) |
|
|
568,647 |
|
|
|
6,692,975 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8,508,582 |
|
|
Consumer Finance 0.0% |
|
Ally Financial, Inc. |
|
|
2 |
|
|
|
53 |
|
|
|
|
|
|
|
|
|
|
|
Containers & Packaging 0.3% |
|
Crown Holdings, Inc.(a) |
|
|
91,567 |
|
|
|
4,695,556 |
|
|
|
|
|
|
|
|
|
|
|
Diversified Financial Services 0.3% |
|
Concrete Investments II S.C.A.(b) |
|
|
4,997 |
|
|
|
|
|
Kcad Holdings I Ltd.(a)(b) |
|
|
2,223,465,984 |
|
|
|
3,757,658 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3,757,658 |
|
|
Diversified Telecommunication Services 0.2% |
|
CenturyLink, Inc. |
|
|
109,245 |
|
|
|
2,053,806 |
|
|
|
|
|
|
|
|
|
|
|
Energy Equipment & Services 0.1% |
|
Osum Oil Sands Corp.(a)(b)(c) |
|
|
400,000 |
|
|
|
605,126 |
|
|
|
|
|
|
|
|
|
|
|
Equity Real Estate Investment Trusts (REITs) 0.1% |
|
Gaming and Leisure Properties, Inc. |
|
|
57,580 |
|
|
|
1,982,480 |
|
|
|
|
|
|
|
|
|
|
|
Hotels, Restaurants & Leisure 0.7% |
|
The Stars Group, Inc.(a) |
|
|
512,716 |
|
|
|
10,048,639 |
|
|
|
|
|
|
|
|
|
|
|
IT Services 0.2% |
|
First Data Corp., Class A(a) |
|
|
135,954 |
|
|
|
2,594,002 |
|
|
|
|
|
|
|
|
|
|
|
Machinery 0.0% |
|
Gates Industrial Corp. PLC(a) |
|
|
18,410 |
|
|
|
271,179 |
|
|
|
|
|
|
|
|
|
|
|
Media 0.1% |
|
Altice USA, Inc., Class A |
|
|
87,736 |
|
|
|
1,552,050 |
|
Emmis Communications Corp., Class A(a) |
|
|
7,210 |
|
|
|
27,254 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,579,304 |
|
|
Metals & Mining 0.2% |
|
Constellium NV, Class A(a) |
|
|
285,624 |
|
|
|
2,396,385 |
|
|
|
|
|
|
|
|
|
|
|
Semiconductors & Semiconductor Equipment 0.0% |
|
SunPower Corp.(a) |
|
|
1,025 |
|
|
|
7,021 |
|
|
|
|
|
|
|
|
|
|
|
Wireless Telecommunication Services 0.1% |
|
T-Mobile U.S.,
Inc.(a) |
|
|
26,989 |
|
|
|
1,847,397 |
|
|
|
|
|
|
|
|
|
|
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|
Total Common Stocks 2.9% (Cost $66,452,245) |
|
|
|
40,347,188 |
|
|
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|
|
|
|
|
|
|
|
|
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|
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|
Security |
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|
Par (000) |
|
|
Value |
|
|
Asset-Backed Securities 4.9% |
|
Accunia European CLO I BV, Series 1X, Class E, (3 mo. EURIBOR + 7.00%), 7.00%, 07/15/29(d) |
|
|
EUR |
|
|
|
1,400 |
|
|
$ |
1,583,774 |
|
Allegro CLO II-S Ltd., Series
2014-1RA, Class B, 4.30%, 10/21/28(e)(f) |
|
|
USD |
|
|
|
250 |
|
|
|
249,875 |
|
Allegro CLO VI Ltd., Series 2017-2A, Class D,
5.20%, 01/17/31(e)(f) |
|
|
|
|
|
|
450 |
|
|
|
443,278 |
|
Allegro CLO VIII Ltd., Series 2018-2A, Class C,
4.39%, 07/15/31(e)(f) |
|
|
|
|
|
|
250 |
|
|
|
248,640 |
|
ALM VII R Ltd.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
Series 2013-7R2A, Class A2R2,
4.09%, 10/15/27(f) |
|
|
|
|
|
|
250 |
|
|
|
249,940 |
|
Series 2013-7R2A, Class BR2,
4.64%, 10/15/27(f) |
|
|
|
|
|
|
250 |
|
|
|
249,820 |
|
Series 2013-7RA, Class BR, (3 mo. LIBOR US + 2.70%),
5.14%, 10/15/28(d) |
|
|
|
|
|
|
500 |
|
|
|
502,568 |
|
ALM VIII Ltd., Series 2013-8A, Class CR, (3 mo. LIBOR US +
3.95%), 6.39%, 10/15/28(d)(e) |
|
|
|
|
|
|
1,400 |
|
|
|
1,400,699 |
|
ALM XVI Ltd./ALM XVI LLC, Series 2015-16A(e)(f): |
|
|
|
|
|
|
|
|
|
|
|
|
Class BR2, 4.34%, 07/15/27 |
|
|
|
|
|
|
500 |
|
|
|
498,249 |
|
Class CR2, 5.14%, 07/15/27 |
|
|
|
|
|
|
743 |
|
|
|
730,111 |
|
AMMC CLO 19 Ltd., Series 2016-19A, Class C, (3 mo. LIBOR US
+ 2.80%), 5.24%, 10/15/28(d)(e) |
|
|
|
|
|
|
413 |
|
|
|
413,619 |
|
AMMC CLO 22 Ltd., Series 2018-22A, Class D, 5.19%, 04/25/31(e)(f) |
|
|
|
|
|
|
250 |
|
|
|
247,033 |
|
Anchorage Capital CLO Ltd.(f): |
|
|
|
|
|
|
|
|
|
|
|
|
5.66%, 05/15/31 |
|
|
EUR |
|
|
|
203 |
|
|
|
219,000 |
|
Series 2014-3RA, Class B, 4.01%, 01/28/31(e) |
|
|
USD |
|
|
|
250 |
|
|
|
248,386 |
|
Series 2014-3RA, Class D, 5.11%, 01/28/31(e) |
|
|
|
|
|
|
500 |
|
|
|
492,812 |
|
Series 2014-4RA, Class C, 4.36%, 01/28/31(e) |
|
|
|
|
|
|
500 |
|
|
|
491,878 |
|
Series 2014-4RA, Class D, 5.11%, 01/28/31(e) |
|
|
|
|
|
|
1,000 |
|
|
|
982,624 |
|
Series 2016-8A, Class DR, 5.51%, 07/28/28(e) |
|
|
|
|
|
|
1,000 |
|
|
|
998,552 |
|
Apidos CLO XV, Series 2013-15A, Class CRR, 4.32%, 04/20/31(e)(f) |
|
|
|
|
|
|
500 |
|
|
|
495,681 |
|
Apidos CLO XX, Series 2015-20A, Class BRR, 4.39%, 07/16/31(e)(f) |
|
|
|
|
|
|
250 |
|
|
|
247,956 |
|
Apidos CLO XXIII, Series 2015-23A, Class D2, (3 mo. LIBOR US
+ 5.95%), 8.39%, 01/15/27(d)(e) |
|
|
|
|
|
|
750 |
|
|
|
750,298 |
|
ARES XLV CLO Ltd., Series 2017-45A, Class D,
5.49%, 10/15/30(e)(f) |
|
|
|
|
|
|
250 |
|
|
|
250,480 |
|
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Par (000) |
|
|
Value |
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|
Asset-Backed Securities (continued) |
|
Ares XXVII CLO Ltd., Series 2013-2A, Class DR, (3 mo. LIBOR
US + 3.75%), 6.26%, 07/28/29(d)(e) |
|
|
USD |
|
|
|
500 |
|
|
$ |
503,731 |
|
Ares XXXIII CLO Ltd., Series 2015-1A, Class CR, (3 mo. LIBOR
US + 4.20%), 6.52%, 12/05/25(d)(e) |
|
|
|
|
|
|
1,000 |
|
|
|
1,008,348 |
|
Ares XXXIIR CLO Ltd., Series 2014-32RA(e)(f): |
|
|
|
|
|
|
|
|
|
|
|
|
Class B, 4.42%, 05/15/30 |
|
|
|
|
|
|
500 |
|
|
|
494,748 |
|
Class C, 5.52%, 05/15/30 |
|
|
|
|
|
|
500 |
|
|
|
494,411 |
|
Ares XXXVII CLO Ltd., Series 2015-4A(e)(f): |
|
|
|
|
|
|
|
|
|
|
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|
Class CR, 5.09%, 10/15/30 |
|
|
|
|
|
|
1,000 |
|
|
|
978,175 |
|
Class DR, 8.59%, 10/15/30 |
|
|
|
|
|
|
500 |
|
|
|
498,266 |
|
Atlas Senior Loan Fund VII Ltd., Series 2016-7A, Class B1R,
4.51%, 11/27/31(e)(f) |
|
|
|
|
|
|
1,000 |
|
|
|
1,000,000 |
|
Atlas Senior Loan Fund X Ltd., Series 2018-10A(e)(f): |
|
|
|
|
|
|
|
|
|
|
|
|
Class B, 3.94%, 01/15/31 |
|
|
|
|
|
|
400 |
|
|
|
394,836 |
|
Class D, 5.19%, 01/15/31 |
|
|
|
|
|
|
500 |
|
|
|
492,535 |
|
Atrium XIV LLC, Series 14A, Class C,
4.26%, 08/23/30(e)(f) |
|
|
|
|
|
|
266 |
|
|
|
264,573 |
|
Atrium XV, Series 15A(e)(f)(g): |
|
|
|
|
|
|
|
|
|
|
|
|
Class B, 4.53%, 01/23/31 |
|
|
|
|
|
|
500 |
|
|
|
500,000 |
|
Class C, 4.98%, 01/23/31 |
|
|
|
|
|
|
250 |
|
|
|
250,000 |
|
Class D, 5.78%, 01/23/31 |
|
|
|
|
|
|
250 |
|
|
|
250,000 |
|
Class E, 8.63%, 01/23/31 |
|
|
|
|
|
|
250 |
|
|
|
250,000 |
|
Ballyrock CLO Ltd., Series 2016-1A, Class C, (3 mo. LIBOR US
+ 2.70%), 5.14%, 10/15/28(d)(e) |
|
|
|
|
|
|
1,000 |
|
|
|
1,000,318 |
|
BlueMountain CLO Ltd., Series 2016-1A, Class BR,
3.82%, 04/20/27(e)(f) |
|
|
|
|
|
|
850 |
|
|
|
841,065 |
|
Cairn CLO VII BV, Series 2016-7X, Class E, (3 mo. EURIBOR +
6.35%), 6.35%, 01/31/30(d) |
|
|
EUR |
|
|
|
900 |
|
|
|
1,021,505 |
|
Carlyle Global Market Strategies CLO Ltd.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
Series 2012-4A, Class DR, (3 mo. LIBOR US + 4.10%),
6.57%, 01/20/29(d) |
|
|
USD |
|
|
|
500 |
|
|
|
501,767 |
|
Series 2016-1A, Class BR, 4.32%, 04/20/27(f) |
|
|
|
|
|
|
250 |
|
|
|
248,204 |
|
Series 2016-3A, Class D, (3 mo. LIBOR US + 7.00%),
9.47%, 10/20/29(d) |
|
|
|
|
|
|
500 |
|
|
|
501,069 |
|
Series 2017-1A, Class D, (3 mo. LIBOR US + 6.00%),
8.47%, 04/20/31(d) |
|
|
|
|
|
|
500 |
|
|
|
483,790 |
|
Carlyle Global Market Strategies Euro CLO Ltd., Series 2014-2X,
Class DRR, 5.70%, 11/17/31(f) |
|
|
EUR |
|
|
|
193 |
|
|
|
212,867 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Par (000) |
|
|
Value |
|
|
Asset-Backed Securities (continued) |
|
Carlyle US CLO Ltd.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
Series 2016-4A, Class BR, 4.57%, 10/20/27(f) |
|
|
USD |
|
|
|
250 |
|
|
$ |
249,813 |
|
Series 2017-2A, Class C, (3 mo. LIBOR US + 3.70%), 6.17%,
07/20/31(d) |
|
|
|
|
|
|
500 |
|
|
|
503,783 |
|
Cedar Funding Ltd., Series 2017-8A, Class D,
5.70%, 10/17/30(e) |
|
|
|
|
|
|
535 |
|
|
|
537,363 |
|
Cent CLO 17 Ltd., Series C17A(e)(f): |
|
|
|
|
|
|
|
|
|
|
|
|
Class BR, 4.37%, 04/30/31 |
|
|
|
|
|
|
500 |
|
|
|
496,125 |
|
Class DR, 8.52%, 04/30/31 |
|
|
|
|
|
|
750 |
|
|
|
717,041 |
|
CIFC Funding I Ltd., Series 2017-1A, Class D, (3 mo. LIBOR US
+ 3.50%), 5.97%, 04/23/29(d)(e) |
|
|
|
|
|
|
500 |
|
|
|
502,615 |
|
CIFC Funding Ltd.(e)(f): |
|
|
|
|
|
|
|
|
|
|
|
|
Series 2014-2RA, Class A3, 4.39%, 04/24/30 |
|
|
|
|
|
|
500 |
|
|
|
496,680 |
|
Series 2014-4RA, Class A2, 4.11%, 10/17/30 |
|
|
|
|
|
|
250 |
|
|
|
249,971 |
|
Series 2014-4RA, Class B, 4.66%, 10/17/30 |
|
|
|
|
|
|
250 |
|
|
|
249,846 |
|
Series 2014-4RA, Class C, 5.66%, 10/17/30 |
|
|
|
|
|
|
250 |
|
|
|
249,995 |
|
Series 2018-1A, Class C, 4.19%, 04/18/31 |
|
|
|
|
|
|
500 |
|
|
|
493,145 |
|
Series 2018-4A, Class B, 4.53%, 10/17/31 |
|
|
|
|
|
|
250 |
|
|
|
248,290 |
|
Dryden 37 Senior Loan Fund, Series 2015-37A, Class DR, 4.94%,
01/15/31(e)(f) |
|
|
|
|
|
|
500 |
|
|
|
487,983 |
|
Dryden Senior Loan Fund (d)(e): |
|
|
|
|
|
|
|
|
|
|
|
|
Series 2014-36A, Class DR, (3 mo. LIBOR US + 4.24%), 6.68%,
01/15/28 |
|
|
|
|
|
|
1,500 |
|
|
|
1,506,787 |
|
Series 2017-50A, Class C, (3 mo. LIBOR US + 2.25%), 4.69%,
07/15/30 |
|
|
|
|
|
|
500 |
|
|
|
500,436 |
|
Fillmore Park CLO Ltd., Series 2018-1A, Class D,
5.15%, 07/15/30(e)(f) |
|
|
|
|
|
|
500 |
|
|
|
495,420 |
|
Galaxy XV CLO Ltd., Series 2013-15A, Class BR,
4.04%, 10/15/30(e)(f) |
|
|
|
|
|
|
250 |
|
|
|
248,997 |
|
Galaxy XVIII CLO Ltd., Series 2018-28A, Class C,
4.29%, 07/15/31(e)(f) |
|
|
|
|
|
|
250 |
|
|
|
247,551 |
|
Galaxy XXIV CLO Ltd., Series 2017-24A, Class C,
4.14%, 01/15/31(e)(f) |
|
|
|
|
|
|
250 |
|
|
|
245,578 |
|
Galaxy XXV CLO Ltd., Series 2018-25A, Class D,
5.47%, 10/25/31(e)(f) |
|
|
|
|
|
|
250 |
|
|
|
250,052 |
|
Galaxy XXVI CLO Ltd., Series 2018-26A, Class B,
4.35%, 11/22/31(e)(f)(g) |
|
|
|
|
|
|
250 |
|
|
|
250,000 |
|
Galaxy XXVII CLO Ltd., Series 2018-27A, Class D,
5.38%, 05/16/31(e)(f) |
|
|
|
|
|
|
500 |
|
|
|
492,151 |
|
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Par (000) |
|
|
Value |
|
|
Asset-Backed Securities (continued) |
|
Goldentree Loan Management US CLO 3 Ltd., Series 2018-3A,
Class C, 4.37%, 04/20/30(e)(f) |
|
|
USD |
|
|
|
550 |
|
|
$ |
545,488 |
|
Greenwood Park CLO Ltd., Series 2018-1A, Class D,
4.94%, 04/15/31(e)(f) |
|
|
|
|
|
|
500 |
|
|
|
489,022 |
|
Harvest CLO XVI DAC, Series 16X, Class ER, 5.57%, 10/15/31(f) |
|
|
EUR |
|
|
|
530 |
|
|
|
567,188 |
|
Highbridge Loan Management Ltd. (e)(f): |
|
|
|
|
|
|
|
|
|
|
|
|
Series 12A-18, Class B, 4.22%, 07/18/31 |
|
|
USD |
|
|
|
750 |
|
|
|
740,968 |
|
Series 8A-2016, Class CR, 4.30%, 07/20/30 |
|
|
|
|
|
|
500 |
|
|
|
493,696 |
|
Jay Park CLO Ltd., Series 2016-1A, Class CR,
5.18%, 10/20/27(e)(f) |
|
|
|
|
|
|
276 |
|
|
|
275,942 |
|
LCM XV LP, Series 15A, Class CR, (3 mo. LIBOR US + 2.40%), 4.87%, 07/20/30(d)(e) |
|
|
|
|
|
|
500 |
|
|
|
501,658 |
|
LCM XXV Ltd., Series 25A, Class B2, (3 mo. LIBOR US + 1.65%), 4.12%, 07/20/30(d)(e) |
|
|
|
|
|
|
264 |
|
|
|
263,999 |
|
Madison Park Funding XIII Ltd., Series 2014-13A, Class CR2,
4.35%, 04/19/30(e)(f) |
|
|
|
|
|
|
500 |
|
|
|
499,415 |
|
Madison Park Funding XV Ltd., Series 2014-15A, Class CR, (3 mo.
LIBOR US + 3.45%), 5.96%, 01/27/26(d)(e) |
|
|
|
|
|
|
500 |
|
|
|
500,774 |
|
Madison Park Funding XVI Ltd., Series 2015-16A, Class D, (3 mo.
LIBOR US + 5.50%), 7.97%, 04/20/26(d)(e) |
|
|
|
|
|
|
500 |
|
|
|
489,609 |
|
Madison Park Funding XXV Ltd., Series 2017-25A, Class B, (3 mo.
LIBOR US + 2.35%), 4.84%, 04/25/29(d)(e) |
|
|
|
|
|
|
550 |
|
|
|
550,706 |
|
Madison Park Funding XXXI Ltd., Series 2018-31A(e)(f)(g): |
|
|
|
|
|
|
|
|
|
|
|
|
Class B, 4.48%, 01/23/31 |
|
|
|
|
|
|
250 |
|
|
|
250,000 |
|
Class C, 4.93%, 01/23/31 |
|
|
|
|
|
|
250 |
|
|
|
250,000 |
|
Class D, 5.78%, 01/23/31 |
|
|
|
|
|
|
250 |
|
|
|
250,000 |
|
Class E, 8.38%, 01/23/31 |
|
|
|
|
|
|
250 |
|
|
|
250,000 |
|
Mill Creek II CLO Ltd., Series 2016-1A, Class E, (3 mo. LIBOR US
+ 7.75%), 10.22%, 04/20/28(d)(e) |
|
|
|
|
|
|
500 |
|
|
|
500,034 |
|
Neuberger Berman CLO XVI-S Ltd., Series 2017-16SA, Class D,
4.94%, 01/15/28(e)(f) |
|
|
|
|
|
|
500 |
|
|
|
496,746 |
|
Neuberger Berman CLO XVII Ltd., Series 2014-17A, Class DR, (3
mo. LIBOR US + 3.65%), 6.12%, 04/22/29(d)(e) |
|
|
|
|
|
|
500 |
|
|
|
503,740 |
|
Neuberger Berman CLO XVIII Ltd., Series 2014-18A(e)(f): |
|
|
|
|
|
|
|
|
|
|
|
|
Class BR2, 4.64%, 10/21/30 |
|
|
|
|
|
|
500 |
|
|
|
499,565 |
|
Class CR2, 5.49%, 10/21/30 |
|
|
|
|
|
|
1,500 |
|
|
|
1,499,683 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Par (000) |
|
|
Value |
|
|
Asset-Backed Securities (continued) |
|
Neuberger Berman CLO XXII Ltd., Series 2016-22A, Class CR,
4.65%, 10/17/30(e)(f) |
|
|
USD |
|
|
|
250 |
|
|
$ |
249,759 |
|
Neuberger Berman CLO XXIII Ltd., Series 2016-23A(e)(f): |
|
|
|
|
|
|
|
|
|
|
|
|
Class CR, 4.60%, 10/17/27 |
|
|
|
|
|
|
500 |
|
|
|
499,644 |
|
Class DR, 5.35%, 10/17/27 |
|
|
|
|
|
|
280 |
|
|
|
279,942 |
|
Oak Hill Credit Partners, Series
2014-10RA(e)(f)(g): |
|
|
|
|
|
|
|
|
|
|
|
|
Class B, 1.00%, 12/12/30 |
|
|
|
|
|
|
1,000 |
|
|
|
1,000,000 |
|
Class C, 1.00%, 12/12/30 |
|
|
|
|
|
|
508 |
|
|
|
508,000 |
|
Octagon Investment Partners 37 Ltd., Series 2018-2A, Class B,
4.11%, 07/25/30(e)(f) |
|
|
|
|
|
|
250 |
|
|
|
246,399 |
|
Octagon Investment Partners Ltd., Series 2016-1A, Class DR,
5.29%, 07/15/30(e)(f) |
|
|
|
|
|
|
500 |
|
|
|
500,029 |
|
Octagon Investment Partners XVI Ltd., Series 2013-1A, Class CR,
4.19%, 07/17/30(e)(f) |
|
|
|
|
|
|
250 |
|
|
|
247,549 |
|
Octagon Investment Partners XVII Ltd., Series 2013-1A(e)(f): |
|
|
|
|
|
|
|
|
|
|
|
|
Class BR2, 3.89%, 01/25/31 |
|
|
|
|
|
|
500 |
|
|
|
496,577 |
|
Class CR2, 4.19%, 01/25/31 |
|
|
|
|
|
|
750 |
|
|
|
735,544 |
|
Octagon Investment Partners XXII Ltd., Series 2014-1A,
Class DRR, 5.22%, 01/22/30(e)(f) |
|
|
|
|
|
|
1,000 |
|
|
|
990,497 |
|
Octagon Investment Partners XXXII Ltd., Series 2017-1A, Class E,
8.64%, 07/15/29(e)(f) |
|
|
|
|
|
|
500 |
|
|
|
503,364 |
|
Octagon Loan Funding Ltd., Series 2014-1A, Class BRR, 4.34%,
11/18/31(e)(f) |
|
|
|
|
|
|
250 |
|
|
|
250,000 |
|
OHA Credit Partners XI Ltd., Series 2015-11A, Class DR, 5.45%,
01/20/32(e)(f) |
|
|
|
|
|
|
266 |
|
|
|
262,216 |
|
OZLM VI Ltd., Series 2014-6A(e)(f): |
|
|
|
|
|
|
|
|
|
|
|
|
Class B1S, 4.55%, 04/17/31 |
|
|
|
|
|
|
500 |
|
|
|
499,234 |
|
Class CS, 5.58%, 04/17/31 |
|
|
|
|
|
|
500 |
|
|
|
503,313 |
|
OZLM XIX Ltd., Series 2017-19A, Class C, 5.54%, 11/22/30(e)(f) |
|
|
|
|
|
|
500 |
|
|
|
502,491 |
|
OZLM XX Ltd., Series 2018-20A(e)(f): |
|
|
|
|
|
|
|
|
|
|
|
|
Class B, 4.42%, 04/20/31 |
|
|
|
|
|
|
500 |
|
|
|
495,866 |
|
Class C, 5.42%, 04/20/31 |
|
|
|
|
|
|
750 |
|
|
|
743,299 |
|
OZLME III DAC, Series 3X, Class E,
4.80%, 08/24/30(f) |
|
|
EUR |
|
|
|
100 |
|
|
|
105,534 |
|
Palmer Square CLO Ltd., Series 2013-2A(e)(f): |
|
|
|
|
|
|
|
|
|
|
|
|
Class A2RR, 4.20%, 10/17/31 |
|
|
USD |
|
|
|
250 |
|
|
|
249,914 |
|
Class BRR, 4.65%, 10/17/31 |
|
|
|
|
|
|
334 |
|
|
|
333,719 |
|
Class CRR, 5.65%, 10/17/31 |
|
|
|
|
|
|
334 |
|
|
|
333,952 |
|
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Par (000) |
|
|
Value |
|
|
Asset-Backed Securities (continued) |
|
Park Avenue Institutional Advisers CLO Ltd., Series 2016-1A,
Class A2R, 4.48%, 08/23/31(e)(f) |
|
|
USD |
|
|
|
500 |
|
|
$ |
500,247 |
|
Regatta VII Funding Ltd., Series 2016-1A(e)(f)(g): |
|
|
|
|
|
|
|
|
|
|
|
|
Class CR, 1.00%, 12/20/28 |
|
|
|
|
|
|
250 |
|
|
|
250,000 |
|
Class DR, 1.00%, 12/20/28 |
|
|
|
|
|
|
500 |
|
|
|
500,000 |
|
Rockford Tower CLO Ltd.(e)(f): |
|
|
|
|
|
|
|
|
|
|
|
|
Series 2018-1A, Class B, 4.36%, 05/20/31 |
|
|
|
|
|
|
600 |
|
|
|
598,491 |
|
Series 2018-1A, Class D, 5.64%, 05/20/31 |
|
|
|
|
|
|
500 |
|
|
|
497,192 |
|
Series 2018-2A, Class C, 4.63%, 10/20/31 |
|
|
|
|
|
|
250 |
|
|
|
247,361 |
|
RR 5 Ltd., Series 2018-5A, Class B, 4.68%, 10/15/31(e)(f) |
|
|
|
|
|
|
250 |
|
|
|
249,806 |
|
Sound Point CLO III Ltd., Series 2013-2RA, Class C,
4.34%, 04/15/29(e)(f) |
|
|
|
|
|
|
500 |
|
|
|
498,058 |
|
Stewart Park CLO Ltd., Series 2015-1A, Class DR,
5.04%, 01/15/30(e)(f) |
|
|
|
|
|
|
1,000 |
|
|
|
988,270 |
|
Symphony CLO XII Ltd., Series 2013-12A, Class DR, (3 mo. LIBOR
US + 3.25%), 5.69%, 10/15/25(d)(e) |
|
|
|
|
|
|
1,000 |
|
|
|
1,001,007 |
|
TIAA CLO IV Ltd., Series 2018-1A, Class A2, 1.00%, 01/20/32(e)(f)(g) |
|
|
|
|
|
|
500 |
|
|
|
500,000 |
|
TICP CLO XI Ltd., Series 2018-11A(e)(f): |
|
|
|
|
|
|
|
|
|
|
|
|
Class C, 4.59%, 10/20/31 |
|
|
|
|
|
|
250 |
|
|
|
249,544 |
|
Class D, 5.49%, 10/20/31 |
|
|
|
|
|
|
250 |
|
|
|
249,718 |
|
TICP CLO XII Ltd., Series 2018-12A(e)(f)(g): |
|
|
|
|
|
|
|
|
|
|
|
|
Class C, 1.00%, 01/15/31 |
|
|
|
|
|
|
250 |
|
|
|
250,000 |
|
Class D, 1.00%, 01/15/31 |
|
|
|
|
|
|
500 |
|
|
|
500,000 |
|
Treman Park CLO Ltd., Series 2015-1A, Class C3RR,
4.46%, 10/20/28(b)(e)(f) |
|
|
|
|
|
|
250 |
|
|
|
250,000 |
|
TRESTLES CLO II Ltd., Series 2018-2A, Class A2,
4.00%, 07/25/31(e)(f) |
|
|
|
|
|
|
250 |
|
|
|
249,872 |
|
Venture XXVI CLO Ltd., Series 2017-26A, Class D, (3 mo. LIBOR US
+ 4.25%), 6.72%, 01/20/29(d)(e) |
|
|
|
|
|
|
750 |
|
|
|
757,263 |
|
Voya CLO Ltd.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
Series 2014-1A, Class BR2, 4.34%, 04/18/31(f) |
|
|
|
|
|
|
500 |
|
|
|
501,449 |
|
Series 2014-2A, Class A2AR, (3 mo. LIBOR US + 1.65%),
4.10%, 04/17/30(d) |
|
|
|
|
|
|
250 |
|
|
|
250,187 |
|
Series 2014-4A, Class BR2, 4.53%, 07/14/31(f) |
|
|
|
|
|
|
366 |
|
|
|
364,349 |
|
Series 2017-1A, Class C, (3 mo. LIBOR US + 3.33%),
5.78%, 04/17/30(d) |
|
|
|
|
|
|
250 |
|
|
|
251,139 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Par (000) |
|
|
Value |
|
|
Asset-Backed Securities (continued) |
|
Webster Park CLO Ltd., Series 2015-1A, Class CR,
5.37%, 07/20/30(e)(f) |
|
|
USD |
|
|
|
500 |
|
|
$ |
498,913 |
|
Westcott Park CLO Ltd., Series 2016-1A(d)(e): |
|
|
|
|
|
|
|
|
|
|
|
|
Class D, (3 mo. LIBOR US + 4.35%), 6.82%, 07/20/28 |
|
|
|
|
|
|
500 |
|
|
|
505,197 |
|
Class E, (3 mo. LIBOR US + 7.20%), 9.67%, 07/20/28 |
|
|
|
|
|
|
500 |
|
|
|
508,772 |
|
York CLO 1 Ltd., Series 2014-1A(e)(f): |
|
|
|
|
|
|
|
|
|
|
|
|
Class BRR, 3.82%, 10/22/29 |
|
|
|
|
|
|
250 |
|
|
|
249,757 |
|
Class CRR, 4.27%, 10/22/29 |
|
|
|
|
|
|
500 |
|
|
|
499,951 |
|
York CLO Ltd., Series 2016-1A, Class DR, (3 mo. LIBOR US +
3.60%), 6.07%, 10/20/29(d)(e) |
|
|
|
|
|
|
500 |
|
|
|
499,653 |
|
York CLO-3 Ltd., Series
2016-1A, Class ER, (3 mo. LIBOR US + 6.40%), 8.87%, 10/20/29(d)(e) |
|
|
|
|
|
|
500 |
|
|
|
503,264 |
|
York CLO-5 Ltd., Series
2018-1A, Class E, 8.44%, 10/22/31(e)(f) |
|
|
|
|
|
|
250 |
|
|
|
239,355 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Asset-Backed Securities 4.9% (Cost $68,166,914) |
|
|
|
68,068,993 |
|
|
|
|
|
|
|
|
Corporate Bonds 111.1% |
|
|
Aerospace & Defense 3.3% |
|
Arconic, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
6.15%, 08/15/20 |
|
|
|
|
|
|
1,540 |
|
|
|
1,586,350 |
|
5.87%, 02/23/22 |
|
|
|
|
|
|
705 |
|
|
|
716,633 |
|
5.13%, 10/01/24 |
|
|
|
|
|
|
4,924 |
|
|
|
4,776,280 |
|
5.90%, 02/01/27 |
|
|
|
|
|
|
1,101 |
|
|
|
1,056,960 |
|
BBA US Holdings, Inc., 5.38%, 05/01/26(e) |
|
|
|
|
|
|
1,733 |
|
|
|
1,676,677 |
|
Bombardier, Inc.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
7.75%, 03/15/20 |
|
|
|
|
|
|
1,434 |
|
|
|
1,460,888 |
|
8.75%, 12/01/21 |
|
|
|
|
|
|
2,981 |
|
|
|
3,074,156 |
|
5.75%, 03/15/22 |
|
|
|
|
|
|
419 |
|
|
|
398,050 |
|
6.00%, 10/15/22 |
|
|
|
|
|
|
1,369 |
|
|
|
1,297,264 |
|
6.13%, 01/15/23 |
|
|
|
|
|
|
2,948 |
|
|
|
2,800,600 |
|
7.50%, 12/01/24 |
|
|
|
|
|
|
4,591 |
|
|
|
4,367,189 |
|
7.50%, 03/15/25 |
|
|
|
|
|
|
5,584 |
|
|
|
5,304,800 |
|
7.45%, 05/01/34 |
|
|
|
|
|
|
686 |
|
|
|
596,820 |
|
KLX, Inc., 5.88%, 12/01/22(e) |
|
|
|
|
|
|
4,175 |
|
|
|
4,297,641 |
|
Koppers, Inc., 6.00%, 02/15/25(e) |
|
|
|
|
|
|
771 |
|
|
|
690,045 |
|
Kratos Defense & Security Solutions, Inc., 6.50%, 11/30/25(e) |
|
|
|
|
|
|
1,357 |
|
|
|
1,397,710 |
|
Pioneer Holdings LLC/Pioneer Finance Corp.,
9.00%, 11/01/22(e) |
|
|
|
|
|
|
1,170 |
|
|
|
1,193,400 |
|
TDC A/S, 3.75%, 03/02/22 |
|
|
EUR |
|
|
|
290 |
|
|
|
361,532 |
|
TransDigm UK Holdings PLC, 6.88%,
05/15/26(e) |
|
|
USD |
|
|
|
2,699 |
|
|
|
2,665,262 |
|
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Par (000) |
|
|
Value |
|
|
Aerospace & Defense (continued) |
|
TransDigm, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
6.00%, 07/15/22 |
|
|
USD |
|
|
|
3,518 |
|
|
$ |
3,518,000 |
|
6.50%, 07/15/24 |
|
|
|
|
|
|
2,349 |
|
|
|
2,354,872 |
|
6.50%, 05/15/25 |
|
|
|
|
|
|
430 |
|
|
|
428,388 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
46,019,517 |
|
|
Air Freight & Logistics 0.2% |
|
XPO Logistics, Inc., 6.50%, 06/15/22(e) |
|
|
|
|
|
|
2,454 |
|
|
|
2,496,945 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Airlines 0.2% |
|
US Airways Pass-Through Trust, Series 2013-1, Class B, 5.38%,
05/15/23 |
|
|
|
|
|
|
2,697 |
|
|
|
2,764,159 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Auto Components 1.0% |
|
Adient Global Holdings Ltd., 3.50%, 08/15/24 |
|
|
EUR |
|
|
|
561 |
|
|
|
508,074 |
|
Allison Transmission, Inc., 5.00%, 10/01/24(e) |
|
|
USD |
|
|
|
827 |
|
|
|
795,988 |
|
Federal-Mogul LLC/Federal-Mogul Financing Corp., 5.00%, 07/15/24 |
|
|
EUR |
|
|
|
220 |
|
|
|
257,107 |
|
Fiat Chrysler Automobiles NV, 3.75%, 03/29/24 |
|
|
|
|
|
|
400 |
|
|
|
483,452 |
|
Fiat Chrysler Finance Europe, 4.75%, 07/15/22 |
|
|
|
|
|
|
367 |
|
|
|
457,029 |
|
Fiat Chrysler Finance Europe SA, 6.75%, 10/14/19 |
|
|
|
|
|
|
160 |
|
|
|
190,666 |
|
GKN Holdings PLC, 3.38%, 05/12/32 |
|
|
GBP |
|
|
|
405 |
|
|
|
485,347 |
|
Goodyear Tire & Rubber Co., 5.00%, 05/31/26 |
|
|
USD |
|
|
|
471 |
|
|
|
428,610 |
|
Icahn Enterprises LP/Icahn Enterprises Finance Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
6.00%, 08/01/20 |
|
|
|
|
|
|
140 |
|
|
|
141,050 |
|
6.25%, 02/01/22 |
|
|
|
|
|
|
1,452 |
|
|
|
1,475,595 |
|
6.75%, 02/01/24 |
|
|
|
|
|
|
1,586 |
|
|
|
1,595,912 |
|
6.38%, 12/15/25 |
|
|
|
|
|
|
982 |
|
|
|
969,725 |
|
IHO Verwaltungs GmbH(h): |
|
|
|
|
|
|
|
|
|
|
|
|
(2.75% Cash or 3.50% PIK), 2.75%, 09/15/21 |
|
|
EUR |
|
|
|
262 |
|
|
|
295,689 |
|
(3.25% Cash or 4.00% PIK), 3.25%, 09/15/23 |
|
|
|
|
|
|
615 |
|
|
|
678,077 |
|
(3.75% Cash or 4.50% PIK), 3.75%, 09/15/26 |
|
|
|
|
|
|
125 |
|
|
|
136,383 |
|
(4.50% Cash or 5.25% PIK), 4.50%, 09/15/23(e) |
|
|
USD |
|
|
|
1,367 |
|
|
|
1,271,310 |
|
Schaeffler Finance BV, 4.75%, 05/15/23(e) |
|
|
|
|
|
|
440 |
|
|
|
429,000 |
|
Tesla, Inc., 5.30%, 08/15/25(e) |
|
|
|
|
|
|
2,975 |
|
|
|
2,569,656 |
|
Volvo Car AB, 2.00%, 01/24/25 |
|
|
EUR |
|
|
|
400 |
|
|
|
422,373 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
13,591,043 |
|
|
Banks 1.1% |
|
Allied Irish Banks PLC(5 year EUR Swap + 3.95%), 4.13%, 11/26/25(i) |
|
|
|
|
|
|
710 |
|
|
|
824,050 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Par (000) |
|
|
Value |
|
|
Banks (continued) |
|
Banco BPM SpA: |
|
|
|
|
|
|
|
|
|
|
|
|
2.75%, 07/27/20 |
|
|
EUR |
|
|
|
800 |
|
|
$ |
907,664 |
|
1.75%, 04/24/23 |
|
|
|
|
|
|
280 |
|
|
|
291,423 |
|
Banco de Sabadell SA, 5.38%, 12/12/28(f) |
|
|
|
|
|
|
200 |
|
|
|
226,200 |
|
Banco Espirito Santo SA(a)(j): |
|
|
|
|
|
|
|
|
|
|
|
|
4.75%, 01/15/19 |
|
|
|
|
|
|
1,900 |
|
|
|
618,410 |
|
4.00%, 01/21/19 |
|
|
|
|
|
|
1,100 |
|
|
|
367,367 |
|
Banco Popolare di Milano Sarl, 4.25%, 01/30/19 |
|
|
|
|
|
|
200 |
|
|
|
227,458 |
|
Bank of Ireland(5 year EUR Swap + 3.55%), 4.25%, 06/11/24(i) |
|
|
|
|
|
|
540 |
|
|
|
616,754 |
|
Bank of Ireland Group PLC, 3.13%, 09/19/27(f) |
|
|
GBP |
|
|
|
100 |
|
|
|
120,145 |
|
Bankia SA(i): |
|
|
|
|
|
|
|
|
|
|
|
|
(5 year EUR Swap + 3.17%), 4.00%, 05/22/24 |
|
|
EUR |
|
|
|
700 |
|
|
|
798,017 |
|
(5 year EUR Swap + 3.35%), 3.38%, 03/15/27 |
|
|
|
|
|
|
200 |
|
|
|
228,254 |
|
Barclays PLC: |
|
|
|
|
|
|
|
|
|
|
|
|
4.38%, 09/11/24 |
|
|
USD |
|
|
|
3,020 |
|
|
|
2,803,796 |
|
5.20%, 05/12/26 |
|
|
|
|
|
|
800 |
|
|
|
761,780 |
|
CaixaBank SA(i): |
|
|
|
|
|
|
|
|
|
|
|
|
(5 year EUR Swap + 3.35%), 3.50%, 02/15/27 |
|
|
EUR |
|
|
|
200 |
|
|
|
232,949 |
|
(5 year EUR Swap + 2.35%), 2.75%, 07/14/28 |
|
|
|
|
|
|
100 |
|
|
|
111,132 |
|
CIT Group, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
5.00%, 08/15/22 |
|
|
USD |
|
|
|
278 |
|
|
|
279,051 |
|
5.00%, 08/01/23 |
|
|
|
|
|
|
404 |
|
|
|
405,010 |
|
5.25%, 03/07/25 |
|
|
|
|
|
|
902 |
|
|
|
906,330 |
|
6.13%, 03/09/28 |
|
|
|
|
|
|
634 |
|
|
|
649,850 |
|
6.00%, 04/01/36 |
|
|
|
|
|
|
2,800 |
|
|
|
2,583,000 |
|
Deutsche Pfandbriefbank AG, 4.60%, 02/22/27 |
|
|
EUR |
|
|
|
100 |
|
|
|
117,194 |
|
IKB Deutsche Industriebank AG, 4.00%,
01/31/28(f) |
|
|
|
|
|
|
200 |
|
|
|
220,469 |
|
Intesa Sanpaolo SpA: |
|
|
|
|
|
|
|
|
|
|
|
|
2.13%, 08/30/23 |
|
|
|
|
|
|
200 |
|
|
|
223,259 |
|
6.63%, 09/13/23 |
|
|
|
|
|
|
956 |
|
|
|
1,195,192 |
|
Swedbank AB(5 year USD Swap +
3.77%), 5.50%(i)(k) |
|
|
USD |
|
|
|
200 |
|
|
|
196,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
15,910,754 |
|
|
Beverages 0.2% |
|
BWAY Holding Co., 4.75%, 04/15/24 |
|
|
EUR |
|
|
|
423 |
|
|
|
462,285 |
|
Horizon Parent Holdings Sarl, (8.25% Cash or 9.00% PIK), 8.25%, 02/15/22(h) |
|
|
EUR |
|
|
|
350 |
|
|
|
403,760 |
|
OI European Group BV, 4.00%, 03/15/23(e) |
|
|
USD |
|
|
|
1,110 |
|
|
|
1,037,850 |
|
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
Par (000) |
|
|
Value |
|
|
Beverages (continued) |
|
Silgan Holdings, Inc., 3.25%, 03/15/25 |
|
|
EUR |
|
|
|
230 |
|
|
$ |
261,533 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,165,428 |
|
|
Building Materials 0.1% |
|
Jeld-Wen, Inc., 4.63%, 12/15/25(e) |
|
|
USD |
|
|
|
823 |
|
|
|
736,585 |
|
Titan Global Finance PLC, 2.38%, 11/16/24 |
|
|
EUR |
|
|
|
246 |
|
|
|
260,520 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
997,105 |
|
|
Building Products 1.1% |
|
American Builders & Contractors Supply Co., Inc., 5.75%, 12/15/23(e) |
|
|
USD |
|
|
|
860 |
|
|
|
858,882 |
|
BMBG Bond Finance SCA, 3.00%, 06/15/21 |
|
|
EUR |
|
|
|
225 |
|
|
|
255,037 |
|
CPG Merger Sub LLC, 8.00%, 10/01/21(e) |
|
|
USD |
|
|
|
2,165 |
|
|
|
2,143,350 |
|
Jeld-Wen, Inc., 4.88%, 12/15/27(e) |
|
|
|
|
|
|
129 |
|
|
|
112,553 |
|
Masonite International Corp.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
5.63%, 03/15/23 |
|
|
|
|
|
|
2,959 |
|
|
|
2,951,602 |
|
5.75%, 09/15/26 |
|
|
|
|
|
|
989 |
|
|
|
933,369 |
|
PGT Escrow Issuer, Inc.,
6.75%, 08/01/26(e) |
|
|
|
|
|
|
665 |
|
|
|
671,650 |
|
Standard Industries, Inc.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
5.50%, 02/15/23 |
|
|
|
|
|
|
768 |
|
|
|
753,600 |
|
5.38%, 11/15/24 |
|
|
|
|
|
|
1,239 |
|
|
|
1,177,050 |
|
6.00%, 10/15/25 |
|
|
|
|
|
|
2,308 |
|
|
|
2,250,300 |
|
USG Corp.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
5.50%, 03/01/25 |
|
|
|
|
|
|
904 |
|
|
|
910,780 |
|
4.88%, 06/01/27 |
|
|
|
|
|
|
1,586 |
|
|
|
1,587,982 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
14,606,155 |
|
|
Cable Television Services 0.0% |
|
CB Escrow Corp., 8.00%, 10/15/25(e) |
|
|
|
|
|
|
703 |
|
|
|
622,155 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Capital Markets 1.4% |
|
Blackstone CQP Holdco LP(e): |
|
|
|
|
|
|
|
|
|
|
|
|
6.50%, 03/20/21 |
|
|
|
|
|
|
13,913 |
|
|
|
13,496,931 |
|
6.00%, 08/18/21 |
|
|
|
|
|
|
2,265 |
|
|
|
2,261,954 |
|
Intertrust Group BV, 3.38%, 11/15/25 |
|
|
EUR |
|
|
|
581 |
|
|
|
650,633 |
|
Lions Gate Capital Holdings LLC,
5.88%, 11/01/24(e) |
|
|
USD |
|
|
|
598 |
|
|
|
602,485 |
|
LPL Holdings, Inc., 5.75%, 09/15/25(e) |
|
|
|
|
|
|
323 |
|
|
|
306,043 |
|
NFP Corp., 6.88%, 07/15/25(e) |
|
|
|
|
|
|
559 |
|
|
|
529,653 |
|
Stevens Holding Co.,
Inc., 6.13%, 10/01/26(e) |
|
|
|
|
|
|
1,161 |
|
|
|
1,146,487 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
18,994,186 |
|
|
Chemicals 3.7% |
|
Alpha 2 BV, (8.75% Cash or 9.50% PIK),
8.75%, 06/01/23(e)(h) |
|
|
|
|
|
|
1,632 |
|
|
|
1,583,040 |
|
Alpha 3 BV/Alpha US Bidco, Inc.,
6.25%, 02/01/25(e) |
|
|
|
|
|
|
4,500 |
|
|
|
4,320,000 |
|
Axalta Coating Systems Dutch Holding B BV, 3.75%, 01/15/25 |
|
|
EUR |
|
|
|
185 |
|
|
|
203,294 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
Par (000) |
|
|
Value |
|
|
Chemicals (continued) |
|
Axalta Coating Systems LLC,
4.88%, 08/15/24(e) |
|
|
USD |
|
|
|
1,451 |
|
|
$ |
1,404,858 |
|
Blue Cube Spinco, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
9.75%, 10/15/23 |
|
|
|
|
|
|
2,534 |
|
|
|
2,835,394 |
|
10.00%, 10/15/25 |
|
|
|
|
|
|
2,030 |
|
|
|
2,319,275 |
|
CF Industries, Inc., 4.95%, 06/01/43 |
|
|
|
|
|
|
412 |
|
|
|
319,040 |
|
Chemours Co.: |
|
|
|
|
|
|
|
|
|
|
|
|
6.63%, 05/15/23 |
|
|
|
|
|
|
194 |
|
|
|
196,910 |
|
7.00%, 05/15/25 |
|
|
|
|
|
|
1,387 |
|
|
|
1,404,338 |
|
4.00%, 05/15/26 |
|
|
EUR |
|
|
|
800 |
|
|
|
851,339 |
|
5.38%, 05/15/27 |
|
|
USD |
|
|
|
1,903 |
|
|
|
1,717,458 |
|
GCP Applied Technologies,
Inc., 5.50%, 04/15/26(e) |
|
|
|
|
|
|
1,186 |
|
|
|
1,135,595 |
|
Hexion, Inc., 10.38%, 02/01/22(e) |
|
|
|
|
|
|
768 |
|
|
|
639,360 |
|
Huntsman International LLC, 5.13%, 11/15/22 |
|
|
|
|
|
|
1,445 |
|
|
|
1,471,024 |
|
INEOS Finance PLC, 4.00%, 05/01/23 |
|
|
EUR |
|
|
|
448 |
|
|
|
512,196 |
|
INEOS Group Holdings SA, 5.38%, 08/01/24 |
|
|
|
|
|
|
350 |
|
|
|
395,945 |
|
Momentive Performance Materials, Inc., 3.88%, 10/24/21 |
|
|
USD |
|
|
|
1,941 |
|
|
|
2,079,296 |
|
NOVA Chemicals Corp., 4.88%, 06/01/24(e) |
|
|
|
|
|
|
1,815 |
|
|
|
1,687,950 |
|
OCI NV, 5.00%, 04/15/23 |
|
|
EUR |
|
|
|
290 |
|
|
|
339,390 |
|
Olin Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
5.13%, 09/15/27 |
|
|
USD |
|
|
|
530 |
|
|
|
497,697 |
|
5.00%, 02/01/30 |
|
|
|
|
|
|
109 |
|
|
|
97,010 |
|
Platform Specialty Products Corp.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
6.50%, 02/01/22 |
|
|
|
|
|
|
11,189 |
|
|
|
11,398,794 |
|
5.88%, 12/01/25 |
|
|
|
|
|
|
5,055 |
|
|
|
4,928,625 |
|
PQ Corp.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
6.75%, 11/15/22 |
|
|
|
|
|
|
2,337 |
|
|
|
2,424,637 |
|
5.75%, 12/15/25 |
|
|
|
|
|
|
3,056 |
|
|
|
2,855,465 |
|
PSPC Escrow Corp., 6.00%, 02/01/23 |
|
|
EUR |
|
|
|
594 |
|
|
|
691,841 |
|
Solvay SA, 4.50%(f)(k) |
|
|
|
|
|
|
100 |
|
|
|
112,836 |
|
Versum Materials, Inc., 5.50%, 09/30/24(e) |
|
|
USD |
|
|
|
543 |
|
|
|
536,213 |
|
WR Grace & Co-Conn, 5.13%, 10/01/21(e) |
|
|
|
|
|
|
2,483 |
|
|
|
2,500,878 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
51,459,698 |
|
|
Commercial Services & Supplies 2.5% |
|
ADT Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
3.50%, 07/15/22 |
|
|
|
|
|
|
2,256 |
|
|
|
2,112,180 |
|
4.13%, 06/15/23 |
|
|
|
|
|
|
1,553 |
|
|
|
1,448,172 |
|
4.88%, 07/15/32(e) |
|
|
|
|
|
|
3,265 |
|
|
|
2,579,350 |
|
Advanced Disposal Services, Inc.,
5.63%, 11/15/24(e) |
|
|
|
|
|
|
1,319 |
|
|
|
1,289,323 |
|
Avolon Holdings Funding Ltd.,
5.13%, 10/01/23(e) |
|
|
|
|
|
|
2,375 |
|
|
|
2,366,094 |
|
Booz Allen Hamilton, Inc.,
5.13%, 05/01/25(e) |
|
|
|
|
|
|
1,088 |
|
|
|
1,055,360 |
|
Core & Main LP,
6.13%, 08/15/25(e) |
|
|
|
|
|
|
2,913 |
|
|
|
2,658,112 |
|
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
Par (000) |
|
|
Value |
|
Commercial Services & Supplies (continued) |
|
Fortress Transportation & Infrastructure Investors
LLC(e): |
|
|
|
|
|
|
|
|
|
|
|
|
6.75%, 03/15/22 |
|
|
USD |
|
|
|
444 |
|
|
$ |
451,193 |
|
6.50%, 10/01/25 |
|
|
|
|
|
|
470 |
|
|
|
454,725 |
|
GFL Environmental, Inc.,
5.38%, 03/01/23(e) |
|
|
|
|
|
|
826 |
|
|
|
755,790 |
|
Harland Clarke Holdings Corp.,
8.38%, 08/15/22(e) |
|
|
|
|
|
|
2,752 |
|
|
|
2,545,600 |
|
KAR Auction Services,
Inc., 5.13%, 06/01/25(e) |
|
|
|
|
|
|
3,528 |
|
|
|
3,298,680 |
|
Mobile Mini, Inc., 5.88%, 07/01/24 |
|
|
|
|
|
|
3,503 |
|
|
|
3,520,480 |
|
Paprec Holding SA, 4.00%, 03/31/25 |
|
|
EUR |
|
|
|
187 |
|
|
|
185,748 |
|
Park Aerospace Holdings Ltd.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
3.63%, 03/15/21 |
|
|
USD |
|
|
|
1,473 |
|
|
|
1,436,175 |
|
5.25%, 08/15/22 |
|
|
|
|
|
|
2,560 |
|
|
|
2,560,000 |
|
5.50%, 02/15/24 |
|
|
|
|
|
|
15 |
|
|
|
15,092 |
|
Ritchie Bros Auctioneers, Inc.,
5.38%, 01/15/25(e) |
|
|
|
|
|
|
1,289 |
|
|
|
1,264,831 |
|
United Rentals North America, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
5.75%, 11/15/24 |
|
|
|
|
|
|
1,354 |
|
|
|
1,345,537 |
|
5.50%, 05/15/27 |
|
|
|
|
|
|
3,001 |
|
|
|
2,832,194 |
|
Waste Pro USA, Inc., 5.50%, 02/15/26(e) |
|
|
|
|
|
|
692 |
|
|
|
636,640 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
34,811,276 |
|
Communications Equipment 1.5% |
|
CommScope Technologies LLC(e): |
|
|
|
|
|
|
|
|
|
|
|
|
6.00%, 06/15/25 |
|
|
|
|
|
|
147 |
|
|
|
136,166 |
|
5.00%, 03/15/27 |
|
|
|
|
|
|
1,825 |
|
|
|
1,503,344 |
|
CommScope, Inc.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
5.00%, 06/15/21 |
|
|
|
|
|
|
2,278 |
|
|
|
2,258,637 |
|
5.50%, 06/15/24 |
|
|
|
|
|
|
1,804 |
|
|
|
1,664,009 |
|
Nokia OYJ: |
|
|
|
|
|
|
|
|
|
|
|
|
3.38%, 06/12/22 |
|
|
|
|
|
|
714 |
|
|
|
677,407 |
|
4.38%, 06/12/27 |
|
|
|
|
|
|
852 |
|
|
|
795,811 |
|
6.63%, 05/15/39 |
|
|
|
|
|
|
3,486 |
|
|
|
3,595,112 |
|
Zayo Group LLC/Zayo Capital, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
6.00%, 04/01/23 |
|
|
|
|
|
|
2,128 |
|
|
|
2,117,360 |
|
6.38%, 05/15/25 |
|
|
|
|
|
|
2,099 |
|
|
|
2,059,644 |
|
5.75%, 01/15/27(e) |
|
|
|
|
|
|
6,851 |
|
|
|
6,542,705 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
21,350,195 |
|
Construction & Engineering 0.6% |
|
Brand Industrial Services, Inc.,
8.50%, 07/15/25(e) |
|
|
|
|
|
|
1,899 |
|
|
|
1,675,867 |
|
Engility Corp., 8.88%, 09/01/24 |
|
|
|
|
|
|
1,728 |
|
|
|
1,864,080 |
|
frontdoor, Inc., 6.75%, 08/15/26(e) |
|
|
|
|
|
|
1,265 |
|
|
|
1,220,725 |
|
Pisces Midco, Inc., 8.00%, 04/15/26(e) |
|
|
|
|
|
|
715 |
|
|
|
679,250 |
|
SPIE SA, 3.13%, 03/22/24 |
|
|
EUR |
|
|
|
300 |
|
|
|
332,250 |
|
SRS Distribution, Inc., 8.25%, 07/01/26(e) |
|
|
USD |
|
|
|
1,500 |
|
|
|
1,410,000 |
|
Tutor Perini Corp., 6.88%, 05/01/25(e) |
|
|
|
|
|
|
1,357 |
|
|
|
1,302,720 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
Par (000) |
|
|
Value |
|
Construction & Engineering (continued) |
|
Weekley Homes LLC/Weekley Finance Corp., 6.63%, 08/15/25 |
|
|
USD |
|
|
|
474 |
|
|
$ |
439,635 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8,924,527 |
|
Construction Materials 1.3% |
|
American Builders & Contractors Supply Co., Inc., 5.88%, 05/15/26(e) |
|
|
|
|
|
|
1,737 |
|
|
|
1,682,719 |
|
Autodis SA: |
|
|
|
|
|
|
|
|
|
|
|
|
(3 mo. EURIBOR +
4.38%), 4.38%, 05/01/22(d) |
|
|
EUR |
|
|
|
247 |
|
|
|
273,687 |
|
4.38%, 05/01/22 |
|
|
|
|
|
|
150 |
|
|
|
163,871 |
|
HD Supply, Inc., 5.38%, 10/15/26(e) |
|
|
USD |
|
|
|
10,950 |
|
|
|
10,570,035 |
|
LKQ Italia Bondco SpA, 3.88%, 04/01/24 |
|
|
EUR |
|
|
|
220 |
|
|
|
255,289 |
|
Navistar International
Corp., 6.63%, 11/01/25(e) |
|
|
USD |
|
|
|
1,781 |
|
|
|
1,760,982 |
|
New Enterprise Stone & Lime Co., Inc., 10.13%, 04/01/22(e) |
|
|
|
|
|
|
1,106 |
|
|
|
1,139,180 |
|
Rexel SA, 3.50%, 06/15/23 |
|
|
EUR |
|
|
|
461 |
|
|
|
532,336 |
|
Williams Scotsman International, Inc.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
7.88%, 12/15/22 |
|
|
USD |
|
|
|
771 |
|
|
|
778,710 |
|
6.88%, 08/15/23 |
|
|
|
|
|
|
1,597 |
|
|
|
1,569,052 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
18,725,861 |
|
Consumer Discretionary 0.6% |
|
AA Bond Co. Ltd.: |
|
|
|
|
|
|
|
|
|
|
|
|
4.25%, 07/31/43 |
|
|
GBP |
|
|
|
100 |
|
|
|
130,175 |
|
4.88%, 07/31/43 |
|
|
|
|
|
|
280 |
|
|
|
342,968 |
|
Blitz F18-674 GmbH, 6.00%, 07/30/26 |
|
|
EUR |
|
|
|
280 |
|
|
|
309,257 |
|
Live Nation Entertainment, Inc.,
4.88%, 11/01/24(e) |
|
|
USD |
|
|
|
296 |
|
|
|
286,380 |
|
Nielsen Co. Luxembourg Sarl,
5.00%, 02/01/25(e) |
|
|
|
|
|
|
538 |
|
|
|
524,550 |
|
ServiceMaster Co. LLC, 5.13%, 11/15/24(e) |
|
|
|
|
|
|
606 |
|
|
|
583,275 |
|
Staples, Inc., 8.50%, 09/15/25(e) |
|
|
|
|
|
|
1,356 |
|
|
|
1,200,060 |
|
Viking Cruises Ltd.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
6.25%, 05/15/25 |
|
|
|
|
|
|
605 |
|
|
|
598,950 |
|
5.88%, 09/15/27 |
|
|
|
|
|
|
4,950 |
|
|
|
4,653,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8,628,615 |
|
Consumer Finance 3.4% |
|
Alliance Data Systems Corp.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
5.88%, 11/01/21 |
|
|
|
|
|
|
3,207 |
|
|
|
3,247,088 |
|
5.38%, 08/01/22 |
|
|
|
|
|
|
2,329 |
|
|
|
2,317,355 |
|
Ally Financial, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
5.13%, 09/30/24 |
|
|
|
|
|
|
1,230 |
|
|
|
1,245,744 |
|
8.00%, 11/01/31 |
|
|
|
|
|
|
11,400 |
|
|
|
13,311,780 |
|
Iron Mountain UK PLC, 3.88%, 11/15/25 |
|
|
GBP |
|
|
|
290 |
|
|
|
337,753 |
|
Mulhacen Pte Ltd., (6.5% Cash or 7.25% PIK), 6.50%, 08/01/23(h) |
|
|
EUR |
|
|
|
1,037 |
|
|
|
1,115,289 |
|
Navient Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
6.63%, 07/26/21 |
|
|
USD |
|
|
|
1,454 |
|
|
|
1,468,540 |
|
6.50%, 06/15/22 |
|
|
|
|
|
|
2,048 |
|
|
|
2,055,680 |
|
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
Par (000) |
|
|
Value |
|
|
Consumer Finance (continued) |
|
5.50%, 01/25/23 |
|
|
USD |
|
|
|
932 |
|
|
$ |
878,410 |
|
7.25%, 09/25/23 |
|
|
|
|
|
|
1,100 |
|
|
|
1,105,500 |
|
5.88%, 10/25/24 |
|
|
|
|
|
|
375 |
|
|
|
336,563 |
|
6.75%, 06/25/25 |
|
|
|
|
|
|
423 |
|
|
|
392,333 |
|
6.75%, 06/15/26 |
|
|
|
|
|
|
1,340 |
|
|
|
1,212,700 |
|
5.63%, 08/01/33 |
|
|
|
|
|
|
1,821 |
|
|
|
1,356,645 |
|
Nexi Capital SpA, 3.63%, 05/01/23(f) |
|
|
EUR |
|
|
|
317 |
|
|
|
357,081 |
|
Refinitiv US Holdings, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
4.50%, 05/15/26 |
|
|
|
|
|
|
545 |
|
|
|
609,282 |
|
4.50%, 05/15/26(e) |
|
|
|
|
|
|
2,465 |
|
|
|
2,755,744 |
|
6.25%, 05/15/26(e) |
|
|
USD |
|
|
|
619 |
|
|
|
610,876 |
|
6.88%, 11/15/26 |
|
|
EUR |
|
|
|
191 |
|
|
|
204,338 |
|
8.25%, 11/15/26(e) |
|
|
USD |
|
|
|
3,851 |
|
|
|
3,668,077 |
|
Springleaf Finance Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
6.13%, 05/15/22 |
|
|
|
|
|
|
490 |
|
|
|
490,000 |
|
6.88%, 03/15/25 |
|
|
|
|
|
|
2,211 |
|
|
|
2,081,104 |
|
7.13%, 03/15/26 |
|
|
|
|
|
|
1,814 |
|
|
|
1,705,160 |
|
Verscend Escrow Corp., 9.75%, 08/15/26(e) |
|
|
|
|
|
|
3,881 |
|
|
|
3,735,462 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
46,598,504 |
|
|
Containers & Packaging 2.5% |
|
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
4.13%, 05/15/23 |
|
|
EUR |
|
|
|
275 |
|
|
|
319,500 |
|
4.63%, 05/15/23(e) |
|
|
USD |
|
|
|
3,914 |
|
|
|
3,806,365 |
|
6.75%, 05/15/24 |
|
|
EUR |
|
|
|
450 |
|
|
|
538,254 |
|
7.25%, 05/15/24(e) |
|
|
USD |
|
|
|
5,058 |
|
|
|
5,108,580 |
|
4.75%, 07/15/27(e) |
|
|
GBP |
|
|
|
427 |
|
|
|
505,234 |
|
4.75%, 07/15/27 |
|
|
|
|
|
|
362 |
|
|
|
428,325 |
|
BWAY Holding Co., 5.50%, 04/15/24(e) |
|
|
USD |
|
|
|
4,925 |
|
|
|
4,715,688 |
|
Crown Americas LLC/Crown Americas Capital Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
4.75%, 02/01/26(e) |
|
|
|
|
|
|
2,134 |
|
|
|
2,056,749 |
|
Crown Americas LLC/Crown Americas Capital Corp. (continued): |
|
|
|
|
|
|
|
|
|
|
|
|
4.25%, 09/30/26 |
|
|
|
|
|
|
1,150 |
|
|
|
1,069,500 |
|
Crown European Holdings SA, 3.38%, 05/15/25 |
|
|
EUR |
|
|
|
303 |
|
|
|
347,674 |
|
Guala Closures SpA, 3.50%, 04/15/24(f) |
|
|
|
|
|
|
160 |
|
|
|
180,006 |
|
Intertape Polymer Group, Inc.,
7.00%, 10/15/26(e) |
|
|
USD |
|
|
|
788 |
|
|
|
789,970 |
|
Mercer International, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
6.50%, 02/01/24 |
|
|
|
|
|
|
1,446 |
|
|
|
1,438,770 |
|
5.50%, 01/15/26 |
|
|
|
|
|
|
767 |
|
|
|
697,970 |
|
Reynolds Group Issuer, Inc./Reynolds Group Issuer LLC/Reynolds Group Issuer Lu: |
|
|
|
|
|
|
|
|
|
|
|
|
5.75%, 10/15/20 |
|
|
|
|
|
|
6,255 |
|
|
|
6,246,803 |
|
5.13%, 07/15/23(e) |
|
|
|
|
|
|
292 |
|
|
|
285,065 |
|
7.00%, 07/15/24(e) |
|
|
|
|
|
|
4,356 |
|
|
|
4,345,110 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
Par (000) |
|
|
Value |
|
|
Containers & Packaging (continued) |
|
Sappi Papier Holding GmbH, 4.00%, 04/01/23 |
|
|
EUR |
|
|
|
150 |
|
|
$ |
172,829 |
|
Sealed Air Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
4.50%, 09/15/23 |
|
|
|
|
|
|
560 |
|
|
|
688,581 |
|
6.88%, 07/15/33(e) |
|
|
USD |
|
|
|
700 |
|
|
|
712,250 |
|
Smurfit Kappa Acquisitions ULC, 2.88%, 01/15/26 |
|
|
EUR |
|
|
|
526 |
|
|
|
597,899 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
35,051,122 |
|
|
County/City/Special District/School District 0.0% |
|
European TopSoho Sarl, Series SMCP,
4.00%, 09/21/21(l) |
|
|
|
|
|
|
200 |
|
|
|
218,269 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Diversified Consumer Services 1.5% |
|
APX Group, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
8.75%, 12/01/20 |
|
|
USD |
|
|
|
1,915 |
|
|
|
1,833,612 |
|
7.88%, 12/01/22 |
|
|
|
|
|
|
1,649 |
|
|
|
1,610,867 |
|
Ascend Learning LLC, 6.88%, 08/01/25(e) |
|
|
|
|
|
|
1,739 |
|
|
|
1,686,830 |
|
Graham Holdings Co., 5.75%, 06/01/26(e) |
|
|
|
|
|
|
1,087 |
|
|
|
1,100,587 |
|
Laureate Education, Inc.,
8.25%, 05/01/25(e) |
|
|
|
|
|
|
591 |
|
|
|
630,893 |
|
Matthews International Corp.,
5.25%, 12/01/25(e) |
|
|
|
|
|
|
132 |
|
|
|
122,760 |
|
Pinnacle Bidco PLC, 6.38%, 02/15/25 |
|
|
GBP |
|
|
|
292 |
|
|
|
373,942 |
|
Prime Security Services Borrower LLC/Prime Finance, Inc., 9.25%, 05/15/23(e) |
|
|
USD |
|
|
|
10,996 |
|
|
|
11,655,760 |
|
RBS Global, Inc./Rexnord LLC,
4.88%, 12/15/25(e) |
|
|
|
|
|
|
1,406 |
|
|
|
1,333,942 |
|
Verisure Holding AB, 3.50%, 05/15/23 |
|
|
EUR |
|
|
|
345 |
|
|
|
385,574 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
20,734,767 |
|
|
Diversified Financial Services 1.8% |
|
Arrow Global Finance PLC: |
|
|
|
|
|
|
|
|
|
|
|
|
5.13%, 09/15/24 |
|
|
GBP |
|
|
|
325 |
|
|
|
372,718 |
|
(3 mo. EURIBOR + 2.88%),
2.88%, 04/01/25(d) |
|
|
EUR |
|
|
|
254 |
|
|
|
264,670 |
|
3.75%, 03/01/26(f) |
|
|
|
|
|
|
117 |
|
|
|
126,018 |
|
Banca IFIS SpA: |
|
|
|
|
|
|
|
|
|
|
|
|
2.00%, 04/24/23 |
|
|
|
|
|
|
210 |
|
|
|
213,266 |
|
4.50%, 10/17/27(f) |
|
|
|
|
|
|
215 |
|
|
|
193,928 |
|
Barclays PLC(5 year EUR Swap + 2.45%),
2.63%, 11/11/25(i) |
|
|
|
|
|
|
200 |
|
|
|
225,363 |
|
Cabot Financial Luxembourg SA, 6.50%, 04/01/21 |
|
|
GBP |
|
|
|
100 |
|
|
|
126,137 |
|
Credit Suisse Group AG, 7.50%(e)(f)(k) |
|
|
USD |
|
|
|
1,075 |
|
|
|
1,057,531 |
|
DPL, Inc., 7.25%, 10/15/21 |
|
|
|
|
|
|
230 |
|
|
|
244,375 |
|
FS Energy & Power Fund,
7.50%, 08/15/23(e) |
|
|
|
|
|
|
1,622 |
|
|
|
1,589,560 |
|
Garfunkelux Holdco 3 SA: |
|
|
|
|
|
|
|
|
|
|
|
|
7.50%, 08/01/22 |
|
|
EUR |
|
|
|
230 |
|
|
|
230,913 |
|
4.50%, 09/01/23(f) |
|
|
|
|
|
|
220 |
|
|
|
211,583 |
|
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
Par (000) |
|
|
Value |
|
|
Diversified Financial Services (continued) |
|
HSBC Holdings PLC, 6.25%(f)(k) |
|
|
USD |
|
|
|
1,820 |
|
|
$ |
1,716,988 |
|
Intrum AB: |
|
|
|
|
|
|
|
|
|
|
|
|
2.75%, 07/15/22 |
|
|
EUR |
|
|
|
437 |
|
|
|
458,861 |
|
3.13%, 07/15/24 |
|
|
|
|
|
|
110 |
|
|
|
112,078 |
|
Jefferies Finance LLC/JFIN Co-Issuer Corp.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
7.38%, 04/01/20 |
|
|
USD |
|
|
|
2,695 |
|
|
|
2,705,106 |
|
6.88%, 04/15/22 |
|
|
|
|
|
|
2,552 |
|
|
|
2,546,386 |
|
Lehman Brother Holding Escrow,
1.00%, 09/22/19(b)(f) |
|
|
|
|
|
|
430 |
|
|
|
8,729 |
|
Lehman Brothers Holdings, Inc.(b)(f): |
|
|
|
|
|
|
|
|
|
|
|
|
4.75%, 01/16/19 |
|
|
EUR |
|
|
|
1,890 |
|
|
|
53,492 |
|
1.00%, 02/05/19 |
|
|
|
|
|
|
3,950 |
|
|
|
111,795 |
|
5.38%, 10/17/19 |
|
|
|
|
|
|
350 |
|
|
|
9,906 |
|
1.00%, 12/31/49 |
|
|
USD |
|
|
|
1,535 |
|
|
|
31,160 |
|
LHC3 PLC, (4.13% Cash or 4.88% PIK),
4.13%, 08/15/24(h) |
|
|
EUR |
|
|
|
584 |
|
|
|
638,006 |
|
Lincoln Finance Ltd., 6.88%, 04/15/21 |
|
|
|
|
|
|
100 |
|
|
|
116,054 |
|
MSCI, Inc., 5.25%, 11/15/24(e) |
|
|
USD |
|
|
|
683 |
|
|
|
684,707 |
|
Pershing Square Holdings
Ltd., 5.50%, 07/15/22(e) |
|
|
|
|
|
|
2,100 |
|
|
|
2,083,095 |
|
Tempo Acquisition LLC/Tempo Acquisition Finance Corp., 6.75%, 06/01/25(e) |
|
|
|
|
|
|
2,389 |
|
|
|
2,257,605 |
|
Travelport Corporate Finance PLC, 6.00%,
03/15/26(e) |
|
|
|
|
|
|
1,106 |
|
|
|
1,089,410 |
|
UniCredit SpA: |
|
|
|
|
|
|
|
|
|
|
|
|
6.95%, 10/31/22 |
|
|
EUR |
|
|
|
375 |
|
|
|
463,587 |
|
(5 year EUR Swap + 4.10%),
5.75%, 10/28/25(i) |
|
|
|
|
|
|
900 |
|
|
|
1,038,106 |
|
(5 year EUR Swap + 4.32%),
4.38%, 01/03/27(i) |
|
|
|
|
|
|
567 |
|
|
|
624,441 |
|
Vantiv LLC/Vanity Issuer Corp.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
3.88%, 11/15/25 |
|
|
GBP |
|
|
|
357 |
|
|
|
435,233 |
|
4.38%, 11/15/25 |
|
|
USD |
|
|
|
1,168 |
|
|
|
1,087,700 |
|
Verisure Midholding AB: |
|
|
|
|
|
|
|
|
|
|
|
|
5.75%, 12/01/23 |
|
|
EUR |
|
|
|
550 |
|
|
|
612,967 |
|
Series NOV, 5.75%, 12/01/23 |
|
|
|
|
|
|
100 |
|
|
|
110,946 |
|
WMG Acquisition Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
4.13%, 11/01/24 |
|
|
|
|
|
|
495 |
|
|
|
580,704 |
|
5.50%, 04/15/26(e) |
|
|
USD |
|
|
|
776 |
|
|
|
752,720 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
25,185,844 |
|
|
Diversified Telecommunication Services 3.1% |
|
CenturyLink, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
Series P, 7.60%, 09/15/39 |
|
|
|
|
|
|
54 |
|
|
|
44,820 |
|
Series S, 6.45%, 06/15/21 |
|
|
|
|
|
|
5,263 |
|
|
|
5,381,417 |
|
Series U, 7.65%, 03/15/42 |
|
|
|
|
|
|
2,110 |
|
|
|
1,753,516 |
|
Series W, 6.75%, 12/01/23 |
|
|
|
|
|
|
400 |
|
|
|
401,000 |
|
Series Y, 7.50%, 04/01/24 |
|
|
|
|
|
|
1,601 |
|
|
|
1,643,026 |
|
Cincinnati Bell, Inc., 7.00%, 07/15/24(e) |
|
|
|
|
|
|
2,236 |
|
|
|
1,960,693 |
|
Embarq Corp., 8.00%, 06/01/36 |
|
|
|
|
|
|
2,334 |
|
|
|
2,191,042 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
Par (000) |
|
|
Value |
|
|
Diversified Telecommunication Services (continued) |
|
Frontier Communications Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
7.13%, 03/15/19 |
|
|
USD |
|
|
|
1,445 |
|
|
$ |
1,443,194 |
|
10.50%, 09/15/22 |
|
|
|
|
|
|
908 |
|
|
|
726,400 |
|
11.00%, 09/15/25 |
|
|
|
|
|
|
7,041 |
|
|
|
4,963,905 |
|
Level 3 Financing, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
5.38%, 08/15/22 |
|
|
|
|
|
|
243 |
|
|
|
242,393 |
|
5.63%, 02/01/23 |
|
|
|
|
|
|
1,971 |
|
|
|
1,970,015 |
|
5.13%, 05/01/23 |
|
|
|
|
|
|
1,292 |
|
|
|
1,277,465 |
|
5.38%, 01/15/24 |
|
|
|
|
|
|
1,521 |
|
|
|
1,492,846 |
|
5.38%, 05/01/25 |
|
|
|
|
|
|
2,469 |
|
|
|
2,404,189 |
|
5.25%, 03/15/26 |
|
|
|
|
|
|
5,020 |
|
|
|
4,846,810 |
|
OTE PLC, 3.50%, 07/09/20 |
|
|
EUR |
|
|
|
370 |
|
|
|
430,903 |
|
Qwest Corp., 6.75%, 12/01/21 |
|
|
USD |
|
|
|
680 |
|
|
|
708,593 |
|
SoftBank Group Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
(5 year USD ICE Swap + 4.85%), 6.88%(i)(k) |
|
|
|
|
|
|
779 |
|
|
|
658,652 |
|
4.00%, 04/20/23 |
|
|
EUR |
|
|
|
947 |
|
|
|
1,100,424 |
|
4.75%, 07/30/25 |
|
|
|
|
|
|
315 |
|
|
|
363,744 |
|
Telecom Italia Capital SA: |
|
|
|
|
|
|
|
|
|
|
|
|
6.38%, 11/15/33 |
|
|
USD |
|
|
|
831 |
|
|
|
739,590 |
|
6.00%, 09/30/34 |
|
|
|
|
|
|
4,713 |
|
|
|
4,029,615 |
|
7.72%, 06/04/38 |
|
|
|
|
|
|
134 |
|
|
|
131,320 |
|
Telecom Italia Finance SA, 7.75%, 01/24/33 |
|
|
EUR |
|
|
|
140 |
|
|
|
193,764 |
|
Telecom Italia SpA: |
|
|
|
|
|
|
|
|
|
|
|
|
1.13%, 03/26/22(l) |
|
|
|
|
|
|
300 |
|
|
|
315,638 |
|
3.25%, 01/16/23 |
|
|
|
|
|
|
300 |
|
|
|
342,392 |
|
5.88%, 05/19/23 |
|
|
GBP |
|
|
|
400 |
|
|
|
530,432 |
|
Telecom Italia SpA/Milano, 2.88%, 01/28/26 |
|
|
EUR |
|
|
|
265 |
|
|
|
279,733 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
42,567,531 |
|
|
Electric Utilities 0.2% |
|
AES Corp., 5.50%, 04/15/25 |
|
|
USD |
|
|
|
628 |
|
|
|
632,710 |
|
NextEra Energy Operating Partners LP(e): |
|
|
|
|
|
|
|
|
|
|
|
|
4.25%, 09/15/24 |
|
|
|
|
|
|
617 |
|
|
|
581,522 |
|
4.50%, 09/15/27 |
|
|
|
|
|
|
67 |
|
|
|
61,473 |
|
Talen Energy Supply LLC, 6.50%, 06/01/25 |
|
|
|
|
|
|
1,782 |
|
|
|
1,287,495 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,563,200 |
|
|
Electrical Equipment 0.0% |
|
Orano SA, 4.88%, 09/23/24 |
|
|
EUR |
|
|
|
350 |
|
|
|
405,150 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Electronic Equipment, Instruments & Components 0.8% |
|
CDW LLC/CDW Finance Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
5.00%, 09/01/23 |
|
|
USD |
|
|
|
3,624 |
|
|
|
3,628,530 |
|
5.50%, 12/01/24 |
|
|
|
|
|
|
5,200 |
|
|
|
5,200,000 |
|
5.00%, 09/01/25 |
|
|
|
|
|
|
714 |
|
|
|
696,150 |
|
Energizer Gamma Acquisition BV, 4.63%, 07/15/26 |
|
|
EUR |
|
|
|
470 |
|
|
|
506,600 |
|
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
Par (000) |
|
|
Value |
|
|
Electronic Equipment, Instruments & Components (continued) |
|
Energizer Gamma Acquisition, Inc.,
6.38%, 07/15/26(e) |
|
|
USD |
|
|
|
365 |
|
|
$ |
343,100 |
|
Itron, Inc., 5.00%, 01/15/26(e) |
|
|
|
|
|
|
231 |
|
|
|
214,976 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10,589,356 |
|
|
Energy Equipment & Services 1.9% |
|
Calfrac Holdings LP, 8.50%, 06/15/26(e) |
|
|
|
|
|
|
951 |
|
|
|
786,953 |
|
CSI Compressco LP/CSI Compressco Finance, Inc., 7.50%, 04/01/25(e) |
|
|
|
|
|
|
2,137 |
|
|
|
2,088,917 |
|
Ensco PLC: |
|
|
|
|
|
|
|
|
|
|
|
|
4.50%, 10/01/24 |
|
|
|
|
|
|
336 |
|
|
|
248,640 |
|
5.20%, 03/15/25 |
|
|
|
|
|
|
2,379 |
|
|
|
1,779,777 |
|
Gates Global LLC/Gates Global Co.,
6.00%, 07/15/22(e) |
|
|
|
|
|
|
3,066 |
|
|
|
3,050,670 |
|
McDermott Technology Americas, Inc./McDermott Technology U.S., Inc., 10.63%, 05/01/24(e) |
|
|
|
|
|
|
307 |
|
|
|
263,253 |
|
Oceaneering International, Inc., 4.65%, 11/15/24 |
|
|
|
|
|
|
432 |
|
|
|
379,620 |
|
Pattern Energy Group,
Inc., 5.88%, 02/01/24(e) |
|
|
|
|
|
|
935 |
|
|
|
909,288 |
|
Pioneer Energy Services Corp., 6.13%, 03/15/22 |
|
|
|
|
|
|
1,431 |
|
|
|
1,141,222 |
|
Precision Drilling Corp., 6.50%, 12/15/21 |
|
|
|
|
|
|
423 |
|
|
|
419,180 |
|
SESI LLC, 7.75%, 09/15/24 |
|
|
|
|
|
|
1,389 |
|
|
|
1,239,682 |
|
Transocean, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
8.38%, 12/15/21 |
|
|
|
|
|
|
275 |
|
|
|
280,844 |
|
5.80%, 10/15/22 |
|
|
|
|
|
|
2,390 |
|
|
|
2,198,800 |
|
Transocean, Inc. (continued): |
|
|
|
|
|
|
|
|
|
|
|
|
9.00%, 07/15/23(e) |
|
|
|
|
|
|
5,675 |
|
|
|
5,816,875 |
|
Trinidad Drilling Ltd., 6.63%, 02/15/25(e) |
|
|
|
|
|
|
1,742 |
|
|
|
1,753,149 |
|
USA Compression Partners LP/USA Compression Finance Corp., 6.88%, 04/01/26(e) |
|
|
|
|
|
|
1,705 |
|
|
|
1,664,506 |
|
Weatherford International Ltd., 7.75%, 06/15/21 |
|
|
|
|
|
|
2,914 |
|
|
|
2,389,480 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
26,410,856 |
|
|
Environmental, Maintenance, & Security Service 0.2% |
|
Hulk Finance Corp., 7.00%, 06/01/26(e) |
|
|
|
|
|
|
828 |
|
|
|
741,060 |
|
Tervita Escrow Corp., 7.63%, 12/01/21(e) |
|
|
|
|
|
|
2,133 |
|
|
|
2,090,340 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,831,400 |
|
|
Equity Real Estate Investment Trusts (REITs) 1.6% |
|
Five Point Operating Co. LP/Five Point Capital Corp., 7.88%, 11/15/25(e) |
|
|
|
|
|
|
985 |
|
|
|
968,994 |
|
Hilton Domestic Operating Co., Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
4.25%, 09/01/24 |
|
|
|
|
|
|
1,684 |
|
|
|
1,605,947 |
|
5.13%, 05/01/26(e) |
|
|
|
|
|
|
2,130 |
|
|
|
2,082,075 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
Par (000) |
|
|
Value |
|
|
Equity Real Estate Investment Trusts (REITs) (continued) |
|
Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp., 4.63%, 04/01/25 |
|
|
USD |
|
|
|
350 |
|
|
$ |
337,750 |
|
iStar, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
4.63%, 09/15/20 |
|
|
|
|
|
|
221 |
|
|
|
219,066 |
|
6.00%, 04/01/22 |
|
|
|
|
|
|
529 |
|
|
|
521,885 |
|
5.25%, 09/15/22 |
|
|
|
|
|
|
596 |
|
|
|
569,180 |
|
MGM Growth Properties Operating Partnership LP/MGP Finance Co-Issuer,
Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
5.63%, 05/01/24 |
|
|
|
|
|
|
8,085 |
|
|
|
8,164,637 |
|
4.50%, 09/01/26 |
|
|
|
|
|
|
2,598 |
|
|
|
2,395,148 |
|
4.50%, 01/15/28 |
|
|
|
|
|
|
1,613 |
|
|
|
1,423,473 |
|
MPT Operating Partnership LP/MPT Finance Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
6.38%, 03/01/24 |
|
|
|
|
|
|
197 |
|
|
|
203,895 |
|
5.50%, 05/01/24 |
|
|
|
|
|
|
250 |
|
|
|
251,875 |
|
5.00%, 10/15/27 |
|
|
|
|
|
|
1,905 |
|
|
|
1,809,750 |
|
NH Hotel Group SA, 3.75%, 10/01/23 |
|
|
EUR |
|
|
|
262 |
|
|
|
302,928 |
|
Starwood Property Trust, Inc., 5.00%, 12/15/21 |
|
|
USD |
|
|
|
1,695 |
|
|
|
1,692,669 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
22,549,272 |
|
|
Food & Staples Retailing 0.3% |
|
Albertsons Cos. LLC/Safeway, Inc./New Albertsons, Inc./Albertsons LLC: |
|
|
|
|
|
|
|
|
|
|
|
|
6.63%, 06/15/24 |
|
|
|
|
|
|
874 |
|
|
|
842,318 |
|
5.75%, 03/15/25 |
|
|
|
|
|
|
1,011 |
|
|
|
902,317 |
|
B&M European Value Retail SA, 4.13%, 02/01/22 |
|
|
GBP |
|
|
|
225 |
|
|
|
282,405 |
|
Casino Guichard Perrachon SA: |
|
|
|
|
|
|
|
|
|
|
|
|
4.56%, 01/25/23 |
|
|
EUR |
|
|
|
400 |
|
|
|
422,298 |
|
4.50%, 03/07/24 |
|
|
|
|
|
|
400 |
|
|
|
415,491 |
|
Distribuidora Internacional de Alimentacion SA, 1.00%, 04/28/21 |
|
|
|
|
|
|
100 |
|
|
|
64,564 |
|
Nomad Foods Bondco PLC, 3.25%, 05/15/24 |
|
|
|
|
|
|
200 |
|
|
|
225,305 |
|
Post Holdings, Inc., 5.63%, 01/15/28(e) |
|
|
USD |
|
|
|
484 |
|
|
|
448,910 |
|
Rite Aid Corp., 6.13%, 04/01/23(e) |
|
|
|
|
|
|
943 |
|
|
|
810,980 |
|
Tesco PLC, 5.00%, 03/24/23 |
|
|
GBP |
|
|
|
100 |
|
|
|
139,153 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4,553,741 |
|
|
Food Products 1.2% |
|
Aramark Services, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
5.13%, 01/15/24 |
|
|
USD |
|
|
|
1,104 |
|
|
|
1,109,520 |
|
5.00%, 02/01/28(e) |
|
|
|
|
|
|
2,829 |
|
|
|
2,687,550 |
|
B&G Foods, Inc., 5.25%, 04/01/25 |
|
|
|
|
|
|
971 |
|
|
|
917,692 |
|
Boparan Finance PLC: |
|
|
|
|
|
|
|
|
|
|
|
|
5.25%, 07/15/19 |
|
|
GBP |
|
|
|
110 |
|
|
|
129,655 |
|
5.50%, 07/15/21 |
|
|
|
|
|
|
200 |
|
|
|
180,944 |
|
Chobani LLC/Chobani Finance Corp., Inc.,
7.50%, 04/15/25(e) |
|
|
USD |
|
|
|
1,818 |
|
|
|
1,490,760 |
|
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Par (000) |
|
|
Value |
|
Food Products (continued) |
|
JBS USA LUX SA/JBS USA Finance, Inc.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
5.88%, 07/15/24 |
|
|
USD |
|
|
|
1,140 |
|
|
$ |
1,120,050 |
|
5.75%, 06/15/25 |
|
|
|
|
|
|
5,217 |
|
|
|
5,047,447 |
|
Post Holdings, Inc.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
5.50%, 03/01/25 |
|
|
|
|
|
|
1,572 |
|
|
|
1,499,295 |
|
5.75%, 03/01/27 |
|
|
|
|
|
|
1,161 |
|
|
|
1,088,438 |
|
Simmons Foods, Inc., 7.75%, 01/15/24(e) |
|
|
|
|
|
|
784 |
|
|
|
799,680 |
|
|
|
|
|
|
|
|
|
|
|
|
16,071,031 |
|
Forest Products 0.2% |
|
JBS USA LUX SA/JBS USA Finance, Inc.,
6.75%, 02/15/28(e) |
|
|
|
|
|
|
2,106 |
|
|
|
2,042,820 |
|
Health Care Equipment & Supplies 2.6% |
|
Avantor, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
4.75%, 10/01/24 |
|
|
EUR |
|
|
|
126 |
|
|
|
144,591 |
|
6.00%, 10/01/24(e) |
|
|
USD |
|
|
|
8,278 |
|
|
|
8,205,567 |
|
9.00%, 10/01/25 (e) |
|
|
|
|
|
|
4,037 |
|
|
|
4,092,509 |
|
DJO Finance LLC/DJO Finance Corp.,
8.13%, 06/15/21(e) |
|
|
|
|
|
|
7,812 |
|
|
|
8,104,950 |
|
Immucor, Inc., 11.13%, 02/15/22(e) |
|
|
|
|
|
|
1,380 |
|
|
|
1,407,600 |
|
Mallinckrodt International Finance SA/Mallinckrodt CB
LLC(e): |
|
|
|
|
|
|
|
|
|
|
|
|
4.88%, 04/15/20 |
|
|
|
|
|
|
1,110 |
|
|
|
1,095,570 |
|
5.75%, 08/01/22 |
|
|
|
|
|
|
3,013 |
|
|
|
2,746,349 |
|
5.63%, 10/15/23 |
|
|
|
|
|
|
34 |
|
|
|
29,070 |
|
5.50%, 04/15/25 |
|
|
|
|
|
|
345 |
|
|
|
273,413 |
|
Ortho-Clinical Diagnostics, Inc./Ortho-Clinical Diagnostics SA, 6.63%, 05/15/22(e) |
|
|
|
|
|
|
9,808 |
|
|
|
9,440,200 |
|
Teleflex, Inc., 4.88%, 06/01/26 |
|
|
|
|
|
|
684 |
|
|
|
662,427 |
|
|
|
|
|
|
|
|
|
|
|
|
36,202,246 |
|
Health Care Providers & Services 6.7% |
|
Acadia Healthcare Co., Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
5.13%, 07/01/22 |
|
|
|
|
|
|
408 |
|
|
|
399,840 |
|
5.63%, 02/15/23 |
|
|
|
|
|
|
974 |
|
|
|
957,763 |
|
6.50%, 03/01/24 |
|
|
|
|
|
|
2,058 |
|
|
|
2,016,840 |
|
AHP Health Partners, Inc., 9.75%, 07/15/26(e) |
|
|
|
|
|
|
1,052 |
|
|
|
1,049,370 |
|
Centene Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
4.75%, 05/15/22 |
|
|
|
|
|
|
2,467 |
|
|
|
2,476,251 |
|
5.38%, 06/01/26(e) |
|
|
|
|
|
|
8,250 |
|
|
|
8,301,562 |
|
CHS/Community Health Systems, Inc.,
8.63%, 01/15/24(e) |
|
|
|
|
|
|
3,152 |
|
|
|
3,203,220 |
|
DaVita, Inc., 5.00%, 05/01/25 |
|
|
|
|
|
|
1,938 |
|
|
|
1,816,875 |
|
Eagle Holding Co. II LLC, (7.63% Cash or 8.38% PIK), 7.63%, 05/15/22(e)(h) |
|
|
|
|
|
|
1,255 |
|
|
|
1,253,431 |
|
Encompass Health Corp., 5.75%, 11/01/24 |
|
|
|
|
|
|
1,170 |
|
|
|
1,164,150 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Par (000) |
|
|
Value |
|
Health Care Providers & Services (continued) |
|
HCA, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
4.75%, 05/01/23 |
|
|
USD |
|
|
|
266 |
|
|
$ |
266,000 |
|
5.00%, 03/15/24 |
|
|
|
|
|
|
5,695 |
|
|
|
5,709,237 |
|
5.25%, 04/15/25 |
|
|
|
|
|
|
6,562 |
|
|
|
6,627,620 |
|
5.25%, 06/15/26 |
|
|
|
|
|
|
4,345 |
|
|
|
4,377,587 |
|
5.38%, 09/01/26 |
|
|
|
|
|
|
2,231 |
|
|
|
2,208,690 |
|
5.63%, 09/01/28 |
|
|
|
|
|
|
2,361 |
|
|
|
2,322,634 |
|
5.50%, 06/15/47 |
|
|
|
|
|
|
8,898 |
|
|
|
8,564,325 |
|
MEDNAX, Inc., 5.25%, 12/01/23(e) |
|
|
|
|
|
|
790 |
|
|
|
780,125 |
|
Molina Healthcare, Inc., 4.88%, 06/15/25(e) |
|
|
|
|
|
|
685 |
|
|
|
645,613 |
|
MPH Acquisition Holdings LLC, 7.13%,
06/01/24(e) |
|
|
|
|
|
|
3,886 |
|
|
|
3,876,285 |
|
NVA Holdings, Inc., 6.88%, 04/01/26(e) |
|
|
|
|
|
|
1,106 |
|
|
|
1,054,848 |
|
Polaris Intermediate Corp., (8.50% Cash),
8.50%, 12/01/22(e)(h) |
|
|
|
|
|
|
5,399 |
|
|
|
5,372,005 |
|
RegionalCare Hospital Partners Holdings, Inc., 8.25%, 05/01/23(e) |
|
|
|
|
|
|
1,470 |
|
|
|
1,533,386 |
|
Sotera Health Holdings LLC, 6.50%,
05/15/23(e) |
|
|
|
|
|
|
1,012 |
|
|
|
996,820 |
|
Surgery Center Holdings, Inc.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
8.88%, 04/15/21 |
|
|
|
|
|
|
1,066 |
|
|
|
1,081,990 |
|
6.75%, 07/01/25 |
|
|
|
|
|
|
1,254 |
|
|
|
1,161,518 |
|
Tenet Healthcare Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
6.00%, 10/01/20 |
|
|
|
|
|
|
3,950 |
|
|
|
4,029,988 |
|
7.50%, 01/01/22(e) |
|
|
|
|
|
|
1,284 |
|
|
|
1,332,150 |
|
8.13%, 04/01/22 |
|
|
|
|
|
|
5,090 |
|
|
|
5,293,600 |
|
6.75%, 06/15/23 |
|
|
|
|
|
|
615 |
|
|
|
607,313 |
|
4.63%, 07/15/24 |
|
|
|
|
|
|
5,982 |
|
|
|
5,705,332 |
|
6.88%, 11/15/31 |
|
|
|
|
|
|
1,608 |
|
|
|
1,411,020 |
|
Unilabs Subholding AB, 5.75%, 05/15/25 |
|
|
EUR |
|
|
|
173 |
|
|
|
181,152 |
|
Vizient, Inc., 10.38%, 03/01/24(e) |
|
|
USD |
|
|
|
1,875 |
|
|
|
2,039,063 |
|
WellCare Health Plans, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
5.25%, 04/01/25 |
|
|
|
|
|
|
706 |
|
|
|
699,823 |
|
5.38%, 08/15/26(e) |
|
|
|
|
|
|
1,959 |
|
|
|
1,944,660 |
|
|
|
|
|
|
|
|
|
|
|
|
92,462,086 |
|
Health Care Technology 0.2% |
|
Change Healthcare Holdings LLC/Change Healthcare Finance, Inc., 5.75%, 03/01/25(e) |
|
|
|
|
|
|
1,332 |
|
|
|
1,287,045 |
|
IQVIA, Inc., 3.25%, 03/15/25(e) |
|
|
EUR |
|
|
|
350 |
|
|
|
390,277 |
|
Quintiles IMS, Inc., 3.25%, 03/15/25 |
|
|
|
|
|
|
1,370 |
|
|
|
1,527,655 |
|
|
|
|
|
|
|
|
|
|
|
|
3,204,977 |
|
Hotels, Restaurants & Leisure 4.4% |
|
New Red Finance, Inc., 5.00%, 10/15/25(e) |
|
|
USD |
|
|
|
8,040 |
|
|
|
7,559,208 |
|
Boyd Gaming Corp., 6.00%, 08/15/26 |
|
|
|
|
|
|
1,225 |
|
|
|
1,185,187 |
|
Boyne USA, Inc., 7.25%, 05/01/25(e) |
|
|
|
|
|
|
508 |
|
|
|
528,320 |
|
Caesars Resort Collection LLC/CRC Finco, Inc., 5.25%, 10/15/25(e) |
|
|
|
|
|
|
2,647 |
|
|
|
2,428,622 |
|
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Par (000) |
|
|
Value |
|
Hotels, Restaurants & Leisure (continued) |
|
Churchill Downs, Inc., 4.75%, 01/15/28(e) |
|
|
USD |
|
|
|
630 |
|
|
$ |
573,300 |
|
Codere Finance 2 Luxembourg SA,
7.63%, 11/01/21(e) |
|
|
|
|
|
|
400 |
|
|
|
339,920 |
|
CPUK Finance Ltd., 4.25%, 02/28/47 |
|
|
GBP |
|
|
|
274 |
|
|
|
341,855 |
|
EI Group PLC, 6.38%, 02/15/22 |
|
|
|
|
|
|
110 |
|
|
|
142,883 |
|
Eldorado Resorts, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
6.00%, 04/01/25 |
|
|
USD |
|
|
|
812 |
|
|
|
791,700 |
|
6.00%, 09/15/26(e) |
|
|
|
|
|
|
717 |
|
|
|
693,698 |
|
ESH Hospitality, Inc., 5.25%, 05/01/25(e) |
|
|
|
|
|
|
1,918 |
|
|
|
1,834,087 |
|
GLP Capital LP/GLP Financing II, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
5.38%, 11/01/23 |
|
|
|
|
|
|
256 |
|
|
|
259,438 |
|
5.25%, 06/01/25 |
|
|
|
|
|
|
668 |
|
|
|
663,658 |
|
Golden Nugget, Inc., 6.75%, 10/15/24(e) |
|
|
|
|
|
|
3,326 |
|
|
|
3,267,795 |
|
Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp., 4.88%, 04/01/27 |
|
|
|
|
|
|
316 |
|
|
|
301,385 |
|
International Game Technology PLC: |
|
|
|
|
|
|
|
|
|
|
|
|
4.75%, 02/15/23 |
|
|
EUR |
|
|
|
110 |
|
|
|
132,221 |
|
3.50%, 07/15/24 |
|
|
|
|
|
|
296 |
|
|
|
331,332 |
|
KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of America
LLC(e): |
|
|
|
|
|
|
|
|
|
|
|
|
5.00%, 06/01/24 |
|
|
USD |
|
|
|
255 |
|
|
|
251,494 |
|
5.25%, 06/01/26 |
|
|
|
|
|
|
1,878 |
|
|
|
1,841,604 |
|
4.75%, 06/01/27 |
|
|
|
|
|
|
790 |
|
|
|
740,459 |
|
Ladbrokes Group Finance PLC, 5.13%, 09/08/23 |
|
|
GBP |
|
|
|
420 |
|
|
|
547,227 |
|
LHMC Finco Sarl, 6.25%, 12/20/23 |
|
|
EUR |
|
|
|
162 |
|
|
|
185,790 |
|
Melco Resorts Finance Ltd.,
4.88%, 06/06/25(e) |
|
|
USD |
|
|
|
1,847 |
|
|
|
1,639,978 |
|
MGM Resorts International: |
|
|
|
|
|
|
|
|
|
|
|
|
6.63%, 12/15/21 |
|
|
|
|
|
|
1,349 |
|
|
|
1,413,077 |
|
7.75%, 03/15/22 |
|
|
|
|
|
|
2,604 |
|
|
|
2,799,300 |
|
4.63%, 09/01/26 |
|
|
|
|
|
|
3,124 |
|
|
|
2,838,935 |
|
New Red Finance, Inc., 4.25%, 05/15/24(e) |
|
|
|
|
|
|
3,189 |
|
|
|
3,013,605 |
|
Sabre GLBL, Inc.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
5.38%, 04/15/23 |
|
|
|
|
|
|
1,516 |
|
|
|
1,508,420 |
|
5.25%, 11/15/23 |
|
|
|
|
|
|
745 |
|
|
|
739,413 |
|
Schumann SpA, 7.00%, 07/31/23 |
|
|
EUR |
|
|
|
510 |
|
|
|
587,022 |
|
Scientific Games International, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
10.00%, 12/01/22 |
|
|
USD |
|
|
|
6,527 |
|
|
|
6,762,951 |
|
5.00%, 10/15/25(e) |
|
|
|
|
|
|
2,619 |
|
|
|
2,451,777 |
|
3.38%, 02/15/26 |
|
|
EUR |
|
|
|
800 |
|
|
|
840,018 |
|
Six Flags Entertainment Corp.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
4.88%, 07/31/24 |
|
|
USD |
|
|
|
3,954 |
|
|
|
3,785,955 |
|
5.50%, 04/15/27 |
|
|
|
|
|
|
301 |
|
|
|
288,208 |
|
Stars Group Holdings BV/Stars Group US Co-Borrower LLC,
7.00%, 07/15/26(e) |
|
|
|
|
|
|
1,084 |
|
|
|
1,079,935 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Par (000) |
|
|
Value |
|
Hotels, Restaurants & Leisure (continued) |
|
Station Casinos LLC, 5.00%, 10/01/25(e) |
|
|
USD |
|
|
|
1,074 |
|
|
$ |
981,368 |
|
Stonegate Pub Co. Financing PLC: |
|
|
|
|
|
|
|
|
|
|
|
|
4.88%, 03/15/22 |
|
|
GBP |
|
|
|
187 |
|
|
|
231,982 |
|
(3 mo. LIBOR GBP +
4.38%), 5.17%, 03/15/22(d) |
|
|
|
|
|
|
150 |
|
|
|
189,226 |
|
Unique Pub Finance Co. PLC, Series N, 6.46%, 03/30/32 |
|
|
|
|
|
|
1,000 |
|
|
|
1,210,883 |
|
Vue International Bidco PLC, 7.88%, 07/15/20 |
|
|
|
|
|
|
520 |
|
|
|
662,396 |
|
Wyndham Destinations, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
5.40%, 04/01/24 |
|
|
USD |
|
|
|
100 |
|
|
|
97,670 |
|
5.75%, 04/01/27 |
|
|
|
|
|
|
306 |
|
|
|
282,316 |
|
Wyndham Hotels & Resorts,
Inc., 5.38%, 04/15/26(e) |
|
|
|
|
|
|
527 |
|
|
|
507,238 |
|
Wynn Macau Ltd.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
4.88%, 10/01/24 |
|
|
|
|
|
|
860 |
|
|
|
780,450 |
|
5.50%, 10/01/27 |
|
|
|
|
|
|
980 |
|
|
|
867,300 |
|
Yum! Brands, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
3.88%, 11/01/23 |
|
|
|
|
|
|
721 |
|
|
|
684,950 |
|
5.35%, 11/01/43 |
|
|
|
|
|
|
30 |
|
|
|
25,875 |
|
|
|
|
|
|
|
|
|
|
|
|
61,211,431 |
|
Household Durables 1.5% |
|
Algeco Scotsman Global Finance PLC,
8.00%, 02/15/23(e) |
|
|
|
|
|
|
3,607 |
|
|
|
3,534,860 |
|
K Hovnanian Enterprises, Inc.,
10.00%, 07/15/22(e) |
|
|
|
|
|
|
1,273 |
|
|
|
1,177,525 |
|
Lennar Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
6.63%, 05/01/20 |
|
|
|
|
|
|
1,160 |
|
|
|
1,199,150 |
|
Lennar Corp. (continued): |
|
|
|
|
|
|
|
|
|
|
|
|
8.38%, 01/15/21 |
|
|
|
|
|
|
2,810 |
|
|
|
3,024,262 |
|
4.88%, 12/15/23 |
|
|
|
|
|
|
968 |
|
|
|
946,220 |
|
5.25%, 06/01/26 |
|
|
|
|
|
|
302 |
|
|
|
289,165 |
|
4.75%, 11/29/27 |
|
|
|
|
|
|
2,510 |
|
|
|
2,309,200 |
|
Mattamy Group Corp.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
6.88%, 12/15/23 |
|
|
|
|
|
|
1,062 |
|
|
|
1,019,520 |
|
6.50%, 10/01/25 |
|
|
|
|
|
|
388 |
|
|
|
364,235 |
|
MDC Holdings, Inc., 6.00%, 01/15/43 |
|
|
|
|
|
|
716 |
|
|
|
555,795 |
|
Meritage Homes Corp., 5.13%, 06/06/27 |
|
|
|
|
|
|
404 |
|
|
|
355,520 |
|
PulteGroup, Inc., 6.38%, 05/15/33 |
|
|
|
|
|
|
2,805 |
|
|
|
2,573,587 |
|
Tempur Sealy International, Inc., 5.50%, 06/15/26 |
|
|
|
|
|
|
1,535 |
|
|
|
1,446,738 |
|
TRI Pointe Group, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
4.88%, 07/01/21 |
|
|
|
|
|
|
292 |
|
|
|
281,780 |
|
5.25%, 06/01/27 |
|
|
|
|
|
|
530 |
|
|
|
430,625 |
|
TRI Pointe Group, Inc./TRI Pointe Homes, Inc., 4.38%, 06/15/19 |
|
|
|
|
|
|
1,060 |
|
|
|
1,054,382 |
|
|
|
|
|
|
|
|
|
|
|
|
20,562,564 |
|
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Par (000) |
|
|
Value |
|
Independent Power and Renewable Electricity Producers 2.4% |
|
AES Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
4.50%, 03/15/23 |
|
|
USD |
|
|
|
1,021 |
|
|
$ |
1,012,066 |
|
4.88%, 05/15/23 |
|
|
|
|
|
|
79 |
|
|
|
78,506 |
|
6.00%, 05/15/26 |
|
|
|
|
|
|
1,880 |
|
|
|
1,936,400 |
|
5.13%, 09/01/27 |
|
|
|
|
|
|
2,351 |
|
|
|
2,315,735 |
|
Calpine Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
6.00%, 01/15/22(e) |
|
|
|
|
|
|
251 |
|
|
|
251,314 |
|
5.38%, 01/15/23 |
|
|
|
|
|
|
2,682 |
|
|
|
2,541,195 |
|
5.88%, 01/15/24(e) |
|
|
|
|
|
|
1,312 |
|
|
|
1,312,000 |
|
5.75%, 01/15/25 |
|
|
|
|
|
|
320 |
|
|
|
294,400 |
|
5.25%, 06/01/26(e) |
|
|
|
|
|
|
6,332 |
|
|
|
5,888,760 |
|
Clearway Energy Operating LLC: |
|
|
|
|
|
|
|
|
|
|
|
|
5.38%, 08/15/24 |
|
|
|
|
|
|
1,663 |
|
|
|
1,575,692 |
|
5.75%, 10/15/25(e) |
|
|
|
|
|
|
783 |
|
|
|
753,638 |
|
MPM Escrow LLC, 8.88%, 10/15/20(b)(f) |
|
|
|
|
|
|
3,738 |
|
|
|
|
|
NRG Energy, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
6.25%, 05/01/24 |
|
|
|
|
|
|
469 |
|
|
|
479,553 |
|
6.63%, 01/15/27 |
|
|
|
|
|
|
7,459 |
|
|
|
7,598,260 |
|
5.75%, 01/15/28 |
|
|
|
|
|
|
1,736 |
|
|
|
1,692,600 |
|
TerraForm Power Operating LLC(e): |
|
|
|
|
|
|
|
|
|
|
|
|
4.25%, 01/31/23 |
|
|
|
|
|
|
1,191 |
|
|
|
1,131,450 |
|
6.63%, 06/15/25(m) |
|
|
|
|
|
|
140 |
|
|
|
144,200 |
|
5.00%, 01/31/28 |
|
|
|
|
|
|
1,185 |
|
|
|
1,060,931 |
|
Vistra Energy Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
7.38%, 11/01/22 |
|
|
|
|
|
|
1,935 |
|
|
|
2,007,562 |
|
7.63%, 11/01/24 |
|
|
|
|
|
|
778 |
|
|
|
826,625 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
32,900,887 |
|
Industrial Conglomerates 0.4% |
|
Algeco Global Finance PLC, 6.50%, 02/15/23 |
|
|
EUR |
|
|
|
500 |
|
|
|
556,427 |
|
Apergy Corp., 6.38%, 05/01/26(e) |
|
|
USD |
|
|
|
641 |
|
|
|
634,590 |
|
BWX Technologies, Inc., 5.38%, 07/15/26(e) |
|
|
|
|
|
|
741 |
|
|
|
718,770 |
|
Colfax Corp., 3.25%, 05/15/25 |
|
|
EUR |
|
|
|
689 |
|
|
|
725,677 |
|
Vertiv Group Corp., 9.25%, 10/15/24(e) |
|
|
USD |
|
|
|
3,659 |
|
|
|
3,549,230 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6,184,694 |
|
Insurance 1.3% |
|
Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer, 8.25%,
08/01/23(e) |
|
|
|
|
|
|
7,033 |
|
|
|
7,151,717 |
|
AmWINS Group, Inc., 7.75%, 07/01/26(e) |
|
|
|
|
|
|
1,269 |
|
|
|
1,262,655 |
|
Ardonagh Midco 3 PLC: |
|
|
|
|
|
|
|
|
|
|
|
|
8.38%, 07/15/23 |
|
|
GBP |
|
|
|
300 |
|
|
|
332,569 |
|
8.63%, 07/15/23(e) |
|
|
USD |
|
|
|
950 |
|
|
|
862,125 |
|
Assicurazioni Generali SpA(i): |
|
|
|
|
|
|
|
|
|
|
|
|
(3 mo. EURIBOR + 7.11%), 7.75%, 12/12/42 |
|
|
EUR |
|
|
|
300 |
|
|
|
383,808 |
|
(3 mo. EURIBOR + 5.35%), 5.50%, 10/27/47 |
|
|
|
|
|
|
200 |
|
|
|
226,961 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Par (000) |
|
|
Value |
|
Insurance (continued) |
|
AssuredPartners, Inc., 7.00%, 08/15/25(e) |
|
|
USD |
|
|
|
131 |
|
|
$ |
123,631 |
|
BNP Paribas Cardif SA(3 mo. EURIBOR + 3.93%),
4.03%(i)(k) |
|
|
EUR |
|
|
|
100 |
|
|
|
113,069 |
|
Caisse Nationale de Reassurance Mutuelle Agricole Groupama, 6.00%, 01/23/27 |
|
|
|
|
|
|
300 |
|
|
|
380,725 |
|
Credit Agricole Assurances SA(5 year EUR Swap + 4.35%), 4.50%(i)(k) |
|
|
|
|
|
|
200 |
|
|
|
227,280 |
|
Delta Lloyd NV(3 mo. EURIBOR +
3.90%), 4.38%(i)(k) |
|
|
|
|
|
|
190 |
|
|
|
215,529 |
|
HUB International Ltd., 7.00%, 05/01/26 (e) |
|
|
USD |
|
|
|
3,533 |
|
|
|
3,365,183 |
|
Mapfre SA, 4.13%, 09/07/48(f) |
|
|
EUR |
|
|
|
300 |
|
|
|
335,881 |
|
Nationstar Mortgage Holdings, Inc.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
8.13%, 07/15/23 |
|
|
USD |
|
|
|
1,577 |
|
|
|
1,592,770 |
|
9.13%, 07/15/26 |
|
|
|
|
|
|
1,159 |
|
|
|
1,172,763 |
|
USIS Merger Sub, Inc., 6.88%, 05/01/25(e) |
|
|
|
|
|
|
544 |
|
|
|
516,800 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
18,263,466 |
|
Internet Software & Services 1.0% |
|
Equinix, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
5.38%, 01/01/22 |
|
|
|
|
|
|
1,110 |
|
|
|
1,124,918 |
|
2.88%, 03/15/24 |
|
|
EUR |
|
|
|
245 |
|
|
|
278,654 |
|
5.88%, 01/15/26 |
|
|
USD |
|
|
|
3,247 |
|
|
|
3,295,705 |
|
Netflix, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
5.50%, 02/15/22 |
|
|
|
|
|
|
2,087 |
|
|
|
2,128,740 |
|
4.38%, 11/15/26 |
|
|
|
|
|
|
473 |
|
|
|
435,217 |
|
5.88%, 11/15/28(e) |
|
|
|
|
|
|
3,183 |
|
|
|
3,138,120 |
|
4.63%, 05/15/29 |
|
|
EUR |
|
|
|
359 |
|
|
|
399,312 |
|
Symantec Corp., 5.00%, 04/15/25(e) |
|
|
USD |
|
|
|
1,596 |
|
|
|
1,544,507 |
|
Uber Technologies, Inc., 7.50%, 11/01/23(e) |
|
|
|
|
|
|
748 |
|
|
|
731,170 |
|
United Group BV: |
|
|
|
|
|
|
|
|
|
|
|
|
4.38%, 07/01/22 |
|
|
EUR |
|
|
|
458 |
|
|
|
514,394 |
|
(3 mo. EURIBOR + 4.38%), 4.38%,
07/01/23(d) |
|
|
|
|
|
|
595 |
|
|
|
666,837 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
14,257,574 |
|
IT Services 2.7% |
|
Banff Merger Sub, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
8.38%, 09/01/26 |
|
|
|
|
|
|
600 |
|
|
|
658,747 |
|
9.75%, 09/01/26(e) |
|
|
USD |
|
|
|
7,373 |
|
|
|
6,939,836 |
|
First Data Corp.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
7.00%, 12/01/23 |
|
|
|
|
|
|
5,337 |
|
|
|
5,523,795 |
|
5.75%, 01/15/24 |
|
|
|
|
|
|
18,156 |
|
|
|
18,224,085 |
|
Gartner, Inc., 5.13%, 04/01/25(e) |
|
|
|
|
|
|
1,176 |
|
|
|
1,159,830 |
|
InterXion Holding NV, 4.75%, 06/15/25 |
|
|
EUR |
|
|
|
464 |
|
|
|
540,799 |
|
WEX, Inc., 4.75%, 02/01/23(e) |
|
|
USD |
|
|
|
3,891 |
|
|
|
3,843,141 |
|
|
|
|
|
|
|
|
|
|
|
|
36,890,233 |
|
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Par (000) |
|
|
Value |
|
|
Leisure Products 0.2% |
|
Mattel, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
6.75%, 12/31/25(e) |
|
|
USD |
|
|
|
1,907 |
|
|
$ |
1,797,347 |
|
6.20%, 10/01/40 |
|
|
|
|
|
|
566 |
|
|
|
444,310 |
|
5.45%, 11/01/41 |
|
|
|
|
|
|
332 |
|
|
|
258,960 |
|
|
|
|
|
|
|
|
|
|
|
|
2,500,617 |
|
|
Machinery 0.8% |
|
Mueller Water Products, Inc., 5.50%,
06/15/26(e) |
|
|
|
|
|
|
1,072 |
|
|
|
1,061,280 |
|
Platin 1426 GmbH, 5.38%, 06/15/23 |
|
|
EUR |
|
|
|
258 |
|
|
|
273,987 |
|
SPX FLOW, Inc.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
5.63%, 08/15/24 |
|
|
USD |
|
|
|
922 |
|
|
|
889,730 |
|
5.88%, 08/15/26 |
|
|
|
|
|
|
993 |
|
|
|
948,315 |
|
Terex Corp., 5.63%, 02/01/25(e) |
|
|
|
|
|
|
4,399 |
|
|
|
4,048,400 |
|
Titan Acquisition Ltd./Titan Co-Borrower LLC, 7.75%, 04/15/26(e) |
|
|
|
|
|
|
3,160 |
|
|
|
2,591,200 |
|
Wabash National Corp., 5.50%, 10/01/25(e) |
|
|
|
|
|
|
1,510 |
|
|
|
1,343,900 |
|
|
|
|
|
|
|
|
|
|
|
|
11,156,812 |
|
|
Media 14.4% |
|
Altice Financing SA(e): |
|
|
|
|
|
|
|
|
|
|
|
|
6.63%, 02/15/23 |
|
|
|
|
|
|
3,093 |
|
|
|
3,054,337 |
|
7.50%, 05/15/26 |
|
|
|
|
|
|
3,099 |
|
|
|
2,913,060 |
|
Altice Finco SA: |
|
|
|
|
|
|
|
|
|
|
|
|
7.63%, 02/15/25(e) |
|
|
|
|
|
|
240 |
|
|
|
205,200 |
|
4.75%, 01/15/28 |
|
|
EUR |
|
|
|
200 |
|
|
|
182,255 |
|
Altice France SA(e): |
|
|
|
|
|
|
|
|
|
|
|
|
7.38%, 05/01/26 |
|
|
USD |
|
|
|
8,364 |
|
|
|
8,029,440 |
|
8.13%, 02/01/27 |
|
|
|
|
|
|
5,312 |
|
|
|
5,205,760 |
|
Altice Luxembourg SA, 7.75%, 05/15/22(e) |
|
|
|
|
|
|
7,862 |
|
|
|
7,488,555 |
|
AMC Networks, Inc., 4.75%, 08/01/25 |
|
|
|
|
|
|
3,317 |
|
|
|
3,084,943 |
|
Arqiva Broadcast Finance PLC, 6.75%, 09/30/23 |
|
|
GBP |
|
|
|
157 |
|
|
|
201,191 |
|
Block Communications, Inc.,
6.88%, 02/15/25(e) |
|
|
USD |
|
|
|
685 |
|
|
|
693,563 |
|
Cablevision Systems Corp., 8.00%, 04/15/20 |
|
|
|
|
|
|
2,224 |
|
|
|
2,312,960 |
|
Capital Stage Finance BV, 5.25%(f)(k)(l) |
|
|
EUR |
|
|
|
100 |
|
|
|
115,174 |
|
CBS Radio, Inc., 7.25%, 11/01/24(e) |
|
|
USD |
|
|
|
103 |
|
|
|
98,623 |
|
CCO Holdings
LLC/CCO Holdings Capital Corp.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
4.00%, 03/01/23 |
|
|
|
|
|
|
1,937 |
|
|
|
1,844,411 |
|
5.13%, 05/01/23 |
|
|
|
|
|
|
137 |
|
|
|
136,144 |
|
5.13%, 05/01/27 |
|
|
|
|
|
|
15,268 |
|
|
|
14,466,430 |
|
5.00%, 02/01/28 |
|
|
|
|
|
|
880 |
|
|
|
819,500 |
|
Clear Channel International BV, 8.75%,
12/15/20(e) |
|
|
|
|
|
|
4,201 |
|
|
|
4,295,522 |
|
Clear Channel Worldwide Holdings, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
6.50%, 11/15/22 |
|
|
|
|
|
|
15,259 |
|
|
|
15,463,839 |
|
Series B, 7.63%, 03/15/20 |
|
|
|
|
|
|
6,065 |
|
|
|
6,057,419 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Par (000) |
|
|
Value |
|
|
Media (continued) |
|
CSC Holdings LLC: |
|
|
|
|
|
|
|
|
|
|
|
|
10.13%, 01/15/23(e) |
|
|
USD |
|
|
|
3,536 |
|
|
$ |
3,828,074 |
|
5.38%, 07/15/23(e) |
|
|
|
|
|
|
5,009 |
|
|
|
4,971,432 |
|
5.25%, 06/01/24 |
|
|
|
|
|
|
4,789 |
|
|
|
4,549,550 |
|
7.75%, 07/15/25(e) |
|
|
|
|
|
|
4,974 |
|
|
|
5,210,166 |
|
6.63%, 10/15/25(e) |
|
|
|
|
|
|
1,611 |
|
|
|
1,675,247 |
|
10.88%, 10/15/25(e) |
|
|
|
|
|
|
11,138 |
|
|
|
12,836,545 |
|
5.50%, 05/15/26(e) |
|
|
|
|
|
|
4,501 |
|
|
|
4,358,937 |
|
7.50%, 04/01/28(e) |
|
|
|
|
|
|
3,490 |
|
|
|
3,594,630 |
|
Series 144#, 5.13%, 12/15/21(e) |
|
|
|
|
|
|
2,027 |
|
|
|
2,019,399 |
|
Series 144S, 5.13%, 12/15/21(e) |
|
|
|
|
|
|
4,398 |
|
|
|
4,381,507 |
|
DISH DBS Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
6.75%, 06/01/21 |
|
|
|
|
|
|
2,308 |
|
|
|
2,345,505 |
|
5.88%, 07/15/22 |
|
|
|
|
|
|
4,574 |
|
|
|
4,362,452 |
|
5.00%, 03/15/23 |
|
|
|
|
|
|
1,948 |
|
|
|
1,704,500 |
|
5.88%, 11/15/24 |
|
|
|
|
|
|
3,024 |
|
|
|
2,570,400 |
|
DKT Finance ApS, 7.00%, 06/17/23 |
|
|
EUR |
|
|
|
617 |
|
|
|
742,996 |
|
eircom Finance DAC, 4.50%, 05/31/22 |
|
|
|
|
|
|
300 |
|
|
|
345,233 |
|
Gray Escrow, Inc., 7.00%, 05/15/27(e) |
|
|
USD |
|
|
|
1,423 |
|
|
|
1,444,487 |
|
Hughes Satellite Systems Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
7.63%, 06/15/21 |
|
|
|
|
|
|
595 |
|
|
|
622,340 |
|
5.25%, 08/01/26 |
|
|
|
|
|
|
2,561 |
|
|
|
2,388,133 |
|
Inmarsat Finance PLC, 4.88%, 05/15/22(e) |
|
|
|
|
|
|
583 |
|
|
|
561,138 |
|
Intelsat Jackson Holdings SA: |
|
|
|
|
|
|
|
|
|
|
|
|
5.50%, 08/01/23 |
|
|
|
|
|
|
3,869 |
|
|
|
3,414,392 |
|
8.50%, 10/15/24(e) |
|
|
|
|
|
|
6,683 |
|
|
|
6,616,838 |
|
9.75%, 07/15/25(e) |
|
|
|
|
|
|
5,635 |
|
|
|
5,818,137 |
|
Level 3 Parent LLC, 5.75%, 12/01/22 |
|
|
|
|
|
|
1,939 |
|
|
|
1,939,000 |
|
MDC Partners, Inc., 6.50%, 05/01/24(e) |
|
|
|
|
|
|
2,003 |
|
|
|
1,702,550 |
|
Meredith Corp., 6.88%, 02/01/26(e) |
|
|
|
|
|
|
776 |
|
|
|
793,460 |
|
Midcontinent Communications/Midcontinent Finance Corp., 6.88%, 08/15/23(e) |
|
|
|
|
|
|
1,100 |
|
|
|
1,138,500 |
|
Nielsen Finance LLC/Nielsen Finance Co.,
5.00%, 04/15/22(e) |
|
|
|
|
|
|
2,343 |
|
|
|
2,291,220 |
|
Qualitytech LP/QTS Finance Corp.,
4.75%, 11/15/25(e) |
|
|
|
|
|
|
1,450 |
|
|
|
1,373,875 |
|
Radiate Holdco LLC/Radiate Finance, Inc.,
6.88%, 02/15/23(e) |
|
|
|
|
|
|
390 |
|
|
|
364,650 |
|
Sirius XM Radio, Inc.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
4.63%, 05/15/23 |
|
|
|
|
|
|
230 |
|
|
|
223,445 |
|
5.00%, 08/01/27 |
|
|
|
|
|
|
1,010 |
|
|
|
949,400 |
|
TEGNA, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
5.13%, 10/15/19 |
|
|
|
|
|
|
457 |
|
|
|
457,274 |
|
5.50%, 09/15/24(e) |
|
|
|
|
|
|
344 |
|
|
|
344,860 |
|
Telenet Finance Luxembourg Notes Sarl,
5.50%, 03/01/28(e) |
|
|
|
|
|
|
2,400 |
|
|
|
2,196,000 |
|
Telenet Finance VI Luxembourg SCA, 4.88%, 07/15/27 |
|
|
EUR |
|
|
|
585 |
|
|
|
708,832 |
|
Telesat Canada/Telesat LLC, 8.88%, 11/15/24(e) |
|
|
USD |
|
|
|
2,154 |
|
|
|
2,299,395 |
|
Tribune Media Co., 5.88%, 07/15/22 |
|
|
|
|
|
|
1,962 |
|
|
|
1,986,525 |
|
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Par (000) |
|
|
Value |
|
|
Media (continued) |
|
United Group BV, 4.88%, 07/01/24 |
|
|
EUR |
|
|
|
399 |
|
|
$ |
445,411 |
|
Unitymedia GmbH, 3.75%, 01/15/27 |
|
|
|
|
|
|
300 |
|
|
|
351,874 |
|
Unitymedia Hessen GmbH & Co. KG/Unitymedia NRW GmbH: |
|
|
|
|
|
|
|
|
|
|
|
|
4.00%, 01/15/25 |
|
|
|
|
|
|
300 |
|
|
|
352,332 |
|
3.50%, 01/15/27 |
|
|
|
|
|
|
200 |
|
|
|
234,743 |
|
6.25%, 01/15/29 |
|
|
|
|
|
|
720 |
|
|
|
899,634 |
|
Univision Communications, Inc.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
5.13%, 05/15/23 |
|
|
USD |
|
|
|
2,315 |
|
|
|
2,167,419 |
|
5.13%, 02/15/25 |
|
|
|
|
|
|
1,200 |
|
|
|
1,094,544 |
|
UPC Holding BV, 5.50%, 01/15/28(e) |
|
|
|
|
|
|
620 |
|
|
|
564,200 |
|
UPCB Finance IV Ltd.: |
|
|
|
|
|
|
|
|
|
|
|
|
5.38%, 01/15/25(e) |
|
|
|
|
|
|
992 |
|
|
|
951,705 |
|
4.00%, 01/15/27 |
|
|
EUR |
|
|
|
945 |
|
|
|
1,096,399 |
|
UPCB Finance VII Ltd., 3.63%, 06/15/29 |
|
|
|
|
|
|
160 |
|
|
|
176,303 |
|
Videotron Ltd., 5.13%, 04/15/27(e) |
|
|
USD |
|
|
|
2,383 |
|
|
|
2,257,893 |
|
Virgin Media Finance PLC: |
|
|
|
|
|
|
|
|
|
|
|
|
6.00%, 10/15/24(e) |
|
|
|
|
|
|
200 |
|
|
|
194,250 |
|
6.38%, 10/15/24 |
|
|
GBP |
|
|
|
240 |
|
|
|
311,570 |
|
4.50%, 01/15/25 |
|
|
EUR |
|
|
|
383 |
|
|
|
433,594 |
|
5.75%, 01/15/25(e) |
|
|
USD |
|
|
|
4,988 |
|
|
|
4,738,600 |
|
Virgin Media Receivables Financing Notes I DAC, 5.50%, 09/15/24 |
|
|
GBP |
|
|
|
678 |
|
|
|
834,777 |
|
Virgin Media Receivables Financing Notes II DAC, 5.75%, 04/15/23 |
|
|
|
|
|
|
250 |
|
|
|
317,862 |
|
Virgin Media Secured Finance PLC: |
|
|
|
|
|
|
|
|
|
|
|
|
5.13%, 01/15/25 |
|
|
|
|
|
|
210 |
|
|
|
268,262 |
|
5.50%, 01/15/25 |
|
|
|
|
|
|
180 |
|
|
|
230,512 |
|
4.88%, 01/15/27 |
|
|
|
|
|
|
309 |
|
|
|
376,222 |
|
Virgin Media Secured Finance PLC (continued): |
|
|
|
|
|
|
|
|
|
6.25%, 03/28/29 |
|
|
GBP |
|
|
|
829 |
|
|
|
1,082,256 |
|
Ziggo Bond Co. BV: |
|
|
|
|
|
|
|
|
|
|
|
|
7.13%, 05/15/24 |
|
|
EUR |
|
|
|
300 |
|
|
|
358,089 |
|
4.63%, 01/15/25 |
|
|
|
|
|
|
210 |
|
|
|
231,049 |
|
5.88%, 01/15/25(e) |
|
|
USD |
|
|
|
2,643 |
|
|
|
2,410,099 |
|
Ziggo BV: |
|
|
|
|
|
|
|
|
|
|
|
|
4.25%, 01/15/27 |
|
|
EUR |
|
|
|
260 |
|
|
|
291,069 |
|
5.50%, 01/15/27(e) |
|
|
USD |
|
|
|
1,587 |
|
|
|
1,477,894 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
199,947,912 |
|
|
Metals & Mining 4.3% |
|
Alcoa Nederland Holding BV(e): |
|
|
|
|
|
|
|
|
|
|
|
|
7.00%, 09/30/26 |
|
|
|
|
|
|
681 |
|
|
|
706,538 |
|
6.13%, 05/15/28 |
|
|
|
|
|
|
608 |
|
|
|
592,800 |
|
Big River Steel LLC/BRS Finance Corp.,
7.25%, 09/01/25(e) |
|
|
|
|
|
|
1,407 |
|
|
|
1,435,140 |
|
Cleveland-Cliffs, Inc., 4.88%, 01/15/24(e) |
|
|
|
|
|
|
1,222 |
|
|
|
1,142,570 |
|
CONSOL Energy, Inc., 11.00%, 11/15/25(e) |
|
|
|
|
|
|
2,829 |
|
|
|
3,161,407 |
|
Constellium NV(e): |
|
|
|
|
|
|
|
|
|
|
|
|
5.75%, 05/15/24 |
|
|
|
|
|
|
1,668 |
|
|
|
1,559,580 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Par (000) |
|
|
Value |
|
|
Metals & Mining (continued) |
|
6.63%, 03/01/25 |
|
|
USD |
|
|
|
941 |
|
|
$ |
901,008 |
|
5.88%, 02/15/26 |
|
|
|
|
|
|
3,427 |
|
|
|
3,110,002 |
|
First Quantum Minerals Ltd.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
7.25%, 05/15/22 |
|
|
|
|
|
|
791 |
|
|
|
764,304 |
|
6.50%, 03/01/24 |
|
|
|
|
|
|
413 |
|
|
|
362,924 |
|
Freeport-McMoRan, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
4.00%, 11/14/21 |
|
|
|
|
|
|
2,078 |
|
|
|
2,023,452 |
|
3.55%, 03/01/22 |
|
|
|
|
|
|
4,190 |
|
|
|
3,985,737 |
|
3.88%, 03/15/23 |
|
|
|
|
|
|
6,032 |
|
|
|
5,617,300 |
|
4.55%, 11/14/24 |
|
|
|
|
|
|
980 |
|
|
|
910,175 |
|
5.40%, 11/14/34 |
|
|
|
|
|
|
837 |
|
|
|
703,080 |
|
5.45%, 03/15/43 |
|
|
|
|
|
|
7,674 |
|
|
|
6,273,495 |
|
Grinding Media, Inc./Moly-Cop AltaSteel Ltd., 7.38%, 12/15/23(e) |
|
|
|
|
|
|
2,662 |
|
|
|
2,668,655 |
|
Joseph T Ryerson & Son, Inc.,
11.00%, 05/15/22(e) |
|
|
|
|
|
|
1,378 |
|
|
|
1,467,570 |
|
Kaiser Aluminum Corp., 5.88%, 05/15/24 |
|
|
|
|
|
|
773 |
|
|
|
769,135 |
|
Novelis Corp.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
6.25%, 08/15/24 |
|
|
|
|
|
|
7,541 |
|
|
|
7,465,590 |
|
5.88%, 09/30/26 |
|
|
|
|
|
|
1,665 |
|
|
|
1,552,612 |
|
Schmolz&Bickenbach Luxembourg Finance SA, 5.63%, 07/15/22 |
|
|
EUR |
|
|
|
111 |
|
|
|
124,153 |
|
Steel Dynamics, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
5.25%, 04/15/23 |
|
|
USD |
|
|
|
949 |
|
|
|
947,814 |
|
5.50%, 10/01/24 |
|
|
|
|
|
|
1,540 |
|
|
|
1,536,150 |
|
5.00%, 12/15/26 |
|
|
|
|
|
|
470 |
|
|
|
453,785 |
|
SunCoke Energy Partners LP/SunCoke Energy Partners Finance Corp., 7.50%, 06/15/25(e) |
|
|
|
|
|
|
1,660 |
|
|
|
1,630,950 |
|
Teck Resources Ltd.: |
|
|
|
|
|
|
|
|
|
|
|
|
4.50%, 01/15/21 |
|
|
|
|
|
|
217 |
|
|
|
218,085 |
|
5.20%, 03/01/42 |
|
|
|
|
|
|
2,547 |
|
|
|
2,244,824 |
|
5.40%, 02/01/43 |
|
|
|
|
|
|
2,262 |
|
|
|
2,013,180 |
|
United States Steel Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
6.88%, 08/15/25 |
|
|
|
|
|
|
1,912 |
|
|
|
1,805,827 |
|
6.25%, 03/15/26 |
|
|
|
|
|
|
2,091 |
|
|
|
1,911,948 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
60,059,790 |
|
|
Multi-Utilities 0.2% |
|
NGL Energy Partners LP/NGL Energy Finance Corp., 5.13%, 07/15/19 |
|
|
|
|
|
|
980 |
|
|
|
977,550 |
|
Superior Plus LP/Superior General Partner, Inc., 7.00%, 07/15/26(e) |
|
|
|
|
|
|
1,963 |
|
|
|
1,933,555 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,911,105 |
|
|
Multiline Retail 0.0% |
|
Neiman Marcus Group Ltd. LLC,
8.00%, 10/15/21(e) |
|
|
|
|
|
|
1,104 |
|
|
|
535,440 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Offshore Drilling & Other Services 0.1% |
|
Entegris, Inc., 4.63%, 02/10/26(e) |
|
|
|
|
|
|
1,250 |
|
|
|
1,156,737 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Par (000) |
|
|
Value |
|
|
Oil, Gas & Consumable Fuels 13.3% |
|
Antero Midstream Partners LP/Antero Midstream Finance Corp., 5.38%, 09/15/24 |
|
|
USD |
|
|
|
385 |
|
|
$ |
375,452 |
|
Antero Resources Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
5.13%, 12/01/22 |
|
|
|
|
|
|
744 |
|
|
|
729,120 |
|
5.63%, 06/01/23 |
|
|
|
|
|
|
784 |
|
|
|
778,120 |
|
5.00%, 03/01/25 |
|
|
|
|
|
|
1,964 |
|
|
|
1,865,800 |
|
Ascent Resources Utica Holdings LLC/ARU Finance Corp.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
10.00%, 04/01/22 |
|
|
|
|
|
|
956 |
|
|
|
1,010,970 |
|
7.00%, 11/01/26 |
|
|
|
|
|
|
1,262 |
|
|
|
1,183,125 |
|
Berry Petroleum Co. LLC, 7.00%, 02/15/26 (e) |
|
|
|
|
|
|
1,744 |
|
|
|
1,656,765 |
|
Bruin E&P Partners LLC, 8.88%, 08/01/23(e) |
|
|
|
|
|
|
2,204 |
|
|
|
2,049,720 |
|
California Resources Corp., 8.00%, 12/15/22(e) |
|
|
|
|
|
|
3,493 |
|
|
|
2,676,511 |
|
Callon Petroleum Co.: |
|
|
|
|
|
|
|
|
|
|
|
|
6.13%, 10/01/24 |
|
|
|
|
|
|
2,318 |
|
|
|
2,236,870 |
|
Series WI, 6.38%, 07/01/26 |
|
|
|
|
|
|
142 |
|
|
|
136,675 |
|
Carrizo Oil & Gas, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
6.25%, 04/15/23 |
|
|
|
|
|
|
1,544 |
|
|
|
1,470,660 |
|
8.25%, 07/15/25 |
|
|
|
|
|
|
1,435 |
|
|
|
1,460,112 |
|
Chaparral Energy, Inc., 8.75%, 07/15/23 (e) |
|
|
|
|
|
|
1,695 |
|
|
|
1,601,775 |
|
Cheniere Corpus Christi Holdings LLC: |
|
|
|
|
|
|
|
|
|
|
|
|
7.00%, 06/30/24 |
|
|
|
|
|
|
2,328 |
|
|
|
2,508,420 |
|
5.88%, 03/31/25 |
|
|
|
|
|
|
1,959 |
|
|
|
2,017,770 |
|
5.13%, 06/30/27 |
|
|
|
|
|
|
5,976 |
|
|
|
5,789,250 |
|
Cheniere Energy Partners LP, Series WI, 5.25%, 10/01/25 |
|
|
|
|
|
|
1,299 |
|
|
|
1,264,901 |
|
Chesapeake Energy Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
6.63%, 08/15/20 |
|
|
|
|
|
|
437 |
|
|
|
438,093 |
|
4.88%, 04/15/22 |
|
|
|
|
|
|
1,036 |
|
|
|
963,480 |
|
5.75%, 03/15/23 |
|
|
|
|
|
|
216 |
|
|
|
200,880 |
|
7.00%, 10/01/24 |
|
|
|
|
|
|
5,023 |
|
|
|
4,671,390 |
|
8.00%, 01/15/25 |
|
|
|
|
|
|
1,412 |
|
|
|
1,359,050 |
|
7.50%, 10/01/26 |
|
|
|
|
|
|
1,057 |
|
|
|
980,368 |
|
8.00%, 06/15/27 |
|
|
|
|
|
|
4,237 |
|
|
|
4,025,150 |
|
CNX Resources Corp., 5.88%, 04/15/22 |
|
|
|
|
|
|
8,723 |
|
|
|
8,537,636 |
|
Comstock Escrow Corp., 9.75%, 08/15/26(e) |
|
|
|
|
|
|
1,152 |
|
|
|
1,048,320 |
|
Covey Park Energy LLC/Covey Park Finance Corp., 7.50%,
05/15/25(e) |
|
|
|
|
|
|
1,570 |
|
|
|
1,483,650 |
|
Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp., 6.25%, 04/01/23 |
|
|
|
|
|
|
385 |
|
|
|
382,113 |
|
CrownRock LP/CrownRock Finance, Inc., 5.63%,
10/15/25(e) |
|
|
|
|
|
|
5,254 |
|
|
|
4,912,490 |
|
DCP Midstream Operating LP: |
|
|
|
|
|
|
|
|
|
|
|
|
5.38%, 07/15/25 |
|
|
|
|
|
|
858 |
|
|
|
859,073 |
|
6.45%, 11/03/36(e) |
|
|
|
|
|
|
1,282 |
|
|
|
1,282,000 |
|
6.75%, 09/15/37(e) |
|
|
|
|
|
|
2,344 |
|
|
|
2,361,580 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Par (000) |
|
|
Value |
|
|
Oil, Gas & Consumable Fuels (continued) |
|
DEA Finance SA, 7.50%, 10/15/22 |
|
|
EUR |
|
|
|
430 |
|
|
$ |
509,970 |
|
Denbury Resources, Inc.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
9.25%, 03/31/22 |
|
|
USD |
|
|
|
2,439 |
|
|
|
2,432,902 |
|
7.50%, 02/15/24 |
|
|
|
|
|
|
807 |
|
|
|
713,186 |
|
Diamond Offshore Drilling, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
7.88%, 08/15/25 |
|
|
|
|
|
|
1,220 |
|
|
|
1,088,850 |
|
5.70%, 10/15/39 |
|
|
|
|
|
|
111 |
|
|
|
71,040 |
|
4.88%, 11/01/43 |
|
|
|
|
|
|
1,852 |
|
|
|
1,092,680 |
|
Diamondback Energy, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
4.75%, 11/01/24(e) |
|
|
|
|
|
|
760 |
|
|
|
738,150 |
|
4.75%, 11/01/24 |
|
|
|
|
|
|
684 |
|
|
|
664,335 |
|
5.38%, 05/31/25 |
|
|
|
|
|
|
1,621 |
|
|
|
1,602,764 |
|
Endeavor Energy Resources LP/EER Finance, Inc.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
5.50%, 01/30/26 |
|
|
|
|
|
|
2,029 |
|
|
|
2,084,797 |
|
5.75%, 01/30/28 |
|
|
|
|
|
|
1,297 |
|
|
|
1,332,667 |
|
EnLink Midstream Partners LP: |
|
|
|
|
|
|
|
|
|
|
|
|
4.40%, 04/01/24 |
|
|
|
|
|
|
1,638 |
|
|
|
1,562,661 |
|
4.15%, 06/01/25 |
|
|
|
|
|
|
150 |
|
|
|
135,760 |
|
4.85%, 07/15/26 |
|
|
|
|
|
|
1,469 |
|
|
|
1,340,916 |
|
5.05%, 04/01/45 |
|
|
|
|
|
|
360 |
|
|
|
273,677 |
|
5.45%, 06/01/47 |
|
|
|
|
|
|
987 |
|
|
|
787,284 |
|
Ensco Jersey Finance Ltd., 3.00%, 01/31/24(l) |
|
|
|
|
|
|
1,561 |
|
|
|
1,230,775 |
|
Ensco PLC: |
|
|
|
|
|
|
|
|
|
|
|
|
7.75%, 02/01/26 |
|
|
|
|
|
|
1,354 |
|
|
|
1,117,050 |
|
5.75%, 10/01/44 |
|
|
|
|
|
|
526 |
|
|
|
323,490 |
|
EP Energy LLC/Everest Acquisition Finance, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
9.38%, 05/01/20 |
|
|
|
|
|
|
122 |
|
|
|
113,460 |
|
9.38%, 05/01/24(e) |
|
|
|
|
|
|
2,870 |
|
|
|
1,578,500 |
|
7.75%, 05/15/26(e) |
|
|
|
|
|
|
2,326 |
|
|
|
2,238,775 |
|
Extraction Oil & Gas, Inc.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
7.38%, 05/15/24 |
|
|
|
|
|
|
1,415 |
|
|
|
1,245,200 |
|
5.63%, 02/01/26 |
|
|
|
|
|
|
3,190 |
|
|
|
2,488,200 |
|
Genesis Energy LP/Genesis Energy Finance Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
6.50%, 10/01/25 |
|
|
|
|
|
|
716 |
|
|
|
647,980 |
|
6.25%, 05/15/26 |
|
|
|
|
|
|
1,040 |
|
|
|
915,200 |
|
Great Western Petroleum LLC/Great Western Finance, Inc., 9.00%, 09/30/21(e) |
|
|
|
|
|
|
1,860 |
|
|
|
1,711,200 |
|
Gulfport Energy Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
6.63%, 05/01/23 |
|
|
|
|
|
|
292 |
|
|
|
283,240 |
|
6.38%, 01/15/26 |
|
|
|
|
|
|
889 |
|
|
|
793,433 |
|
Halcon Resources Corp., 6.75%, 02/15/25 |
|
|
|
|
|
|
2,918 |
|
|
|
2,239,565 |
|
Hess Infrastructure Partners LP/Hess Infrastructure Partners Finance Corp., 5.63%, 02/15/26 (e) |
|
|
|
|
|
|
2,008 |
|
|
|
1,947,760 |
|
Jagged Peak Energy LLC, 5.88%, 05/01/26(e) |
|
|
|
|
|
|
86 |
|
|
|
82,345 |
|
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Par (000) |
|
|
Value |
|
|
Oil, Gas & Consumable Fuels (continued) |
|
Magnolia Oil & Gas Operating LLC/Magnolia Oil & Gas Finance Corp., 6.00%, 08/01/26(e) |
|
|
USD |
|
|
|
693 |
|
|
$ |
670,478 |
|
Matador Resources Co., 5.88%, 09/15/26(e) |
|
|
|
|
|
|
3,336 |
|
|
|
3,169,200 |
|
MEG Energy Corp.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
6.38%, 01/30/23 |
|
|
|
|
|
|
789 |
|
|
|
735,743 |
|
6.50%, 01/15/25 |
|
|
|
|
|
|
3,050 |
|
|
|
3,111,000 |
|
Nabors Industries, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
4.63%, 09/15/21 |
|
|
|
|
|
|
303 |
|
|
|
281,820 |
|
5.75%, 02/01/25 |
|
|
|
|
|
|
780 |
|
|
|
632,773 |
|
New Enterprise Stone & Lime Co., Inc., 6.25%, 03/15/26(e) |
|
|
|
|
|
|
480 |
|
|
|
442,800 |
|
Newfield Exploration Co., 5.38%, 01/01/26 |
|
|
|
|
|
|
1,103 |
|
|
|
1,098,864 |
|
NGPL PipeCo LLC(e): |
|
|
|
|
|
|
|
|
|
|
|
|
4.88%, 08/15/27 |
|
|
|
|
|
|
1,870 |
|
|
|
1,785,850 |
|
7.77%, 12/15/37 |
|
|
|
|
|
|
2,808 |
|
|
|
3,229,200 |
|
Noble Holding International Ltd.: |
|
|
|
|
|
|
|
|
|
|
|
|
7.75%, 01/15/24 |
|
|
|
|
|
|
1,118 |
|
|
|
978,250 |
|
7.88%, 02/01/26(e) |
|
|
|
|
|
|
5,616 |
|
|
|
5,236,920 |
|
5.25%, 03/15/42 |
|
|
|
|
|
|
686 |
|
|
|
439,040 |
|
Northern Oil and Gas, Inc., (8.75% Cash or 1.00% PIK), 9.50%, 05/15/23 (e)(h) |
|
|
|
|
|
|
1,759 |
|
|
|
1,728,217 |
|
Pacific Drilling First Lien Escrow Issuer Ltd., 8.38%, 10/01/23 |
|
|
|
|
|
|
3,248 |
|
|
|
3,199,280 |
|
Parsley Energy LLC/Parsley Finance Corp.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
6.25%, 06/01/24 |
|
|
|
|
|
|
458 |
|
|
|
456,855 |
|
5.38%, 01/15/25 |
|
|
|
|
|
|
2,170 |
|
|
|
2,077,775 |
|
5.25%, 08/15/25 |
|
|
|
|
|
|
532 |
|
|
|
502,740 |
|
5.63%, 10/15/27 |
|
|
|
|
|
|
1,353 |
|
|
|
1,285,350 |
|
PBF Holding Co. LLC/ PBF Finance Corp., 7.25%, 06/15/25 |
|
|
|
|
|
|
1,346 |
|
|
|
1,335,905 |
|
PDC Energy, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
1.13%, 09/15/21(l) |
|
|
|
|
|
|
40 |
|
|
|
36,772 |
|
6.13%, 09/15/24 |
|
|
|
|
|
|
250 |
|
|
|
240,000 |
|
5.75%, 05/15/26 |
|
|
|
|
|
|
1,405 |
|
|
|
1,310,162 |
|
Precision Drilling Corp., 7.13%, 01/15/26(e) |
|
|
|
|
|
|
324 |
|
|
|
303,750 |
|
QEP Resources, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
6.88%, 03/01/21 |
|
|
|
|
|
|
88 |
|
|
|
92,290 |
|
5.38%, 10/01/22 |
|
|
|
|
|
|
2,840 |
|
|
|
2,825,800 |
|
5.25%, 05/01/23 |
|
|
|
|
|
|
81 |
|
|
|
77,355 |
|
5.63%, 03/01/26 |
|
|
|
|
|
|
2,740 |
|
|
|
2,510,525 |
|
Range Resources Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
5.88%, 07/01/22 |
|
|
|
|
|
|
1,444 |
|
|
|
1,425,950 |
|
5.00%, 08/15/22 |
|
|
|
|
|
|
530 |
|
|
|
502,175 |
|
5.00%, 03/15/23 |
|
|
|
|
|
|
392 |
|
|
|
369,705 |
|
4.88%, 05/15/25 |
|
|
|
|
|
|
864 |
|
|
|
781,920 |
|
Resolute Energy Corp., 8.50%, 05/01/20 |
|
|
|
|
|
|
2,474 |
|
|
|
2,493,792 |
|
Rowan Cos., Inc., 4.88%, 06/01/22 |
|
|
|
|
|
|
985 |
|
|
|
886,500 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Par (000) |
|
|
Value |
|
Oil, Gas & Consumable Fuels (continued) |
|
Sanchez Energy Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
7.75%, 06/15/21 |
|
|
USD |
|
|
|
6,744 |
|
|
$ |
1,972,620 |
|
7.25%, 02/15/23(e) |
|
|
|
|
|
|
1,169 |
|
|
|
999,495 |
|
SESI LLC, 7.13%, 12/15/21 |
|
|
|
|
|
|
655 |
|
|
|
618,975 |
|
Seven Generations Energy Ltd.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
6.88%, 06/30/23 |
|
|
|
|
|
|
1,869 |
|
|
|
1,869,000 |
|
5.38%, 09/30/25 |
|
|
|
|
|
|
307 |
|
|
|
285,510 |
|
SM Energy Co.: |
|
|
|
|
|
|
|
|
|
|
|
|
6.13%, 11/15/22 |
|
|
|
|
|
|
1,211 |
|
|
|
1,189,807 |
|
5.00%, 01/15/24 |
|
|
|
|
|
|
867 |
|
|
|
805,226 |
|
5.63%, 06/01/25 |
|
|
|
|
|
|
385 |
|
|
|
353,238 |
|
6.75%, 09/15/26 |
|
|
|
|
|
|
24 |
|
|
|
23,040 |
|
6.63%, 01/15/27 |
|
|
|
|
|
|
239 |
|
|
|
228,245 |
|
Southwestern Energy Co.: |
|
|
|
|
|
|
|
|
|
|
|
|
6.20%, 01/23/25 |
|
|
|
|
|
|
891 |
|
|
|
854,246 |
|
7.50%, 04/01/26 |
|
|
|
|
|
|
1,171 |
|
|
|
1,179,783 |
|
7.75%, 10/01/27 |
|
|
|
|
|
|
2,137 |
|
|
|
2,160,934 |
|
Sunoco LP/Sunoco Finance Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
4.88%, 01/15/23 |
|
|
|
|
|
|
1,885 |
|
|
|
1,837,875 |
|
5.50%, 02/15/26 |
|
|
|
|
|
|
632 |
|
|
|
601,980 |
|
5.88%, 03/15/28 |
|
|
|
|
|
|
808 |
|
|
|
764,570 |
|
Tallgrass Energy Partners LP/Tallgrass Energy Finance
Corp.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
4.75%, 10/01/23 |
|
|
|
|
|
|
158 |
|
|
|
156,025 |
|
5.50%, 09/15/24 |
|
|
|
|
|
|
2,321 |
|
|
|
2,326,802 |
|
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(e)
(continued): |
|
|
|
|
|
|
|
|
|
|
|
|
5.50%, 01/15/28 |
|
|
|
|
|
|
5,237 |
|
|
|
5,145,352 |
|
Targa Resources Partners LP/Targa Resources Partners Finance Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
5.25%, 05/01/23 |
|
|
|
|
|
|
78 |
|
|
|
77,805 |
|
4.25%, 11/15/23 |
|
|
|
|
|
|
637 |
|
|
|
604,354 |
|
5.13%, 02/01/25 |
|
|
|
|
|
|
230 |
|
|
|
221,950 |
|
5.88%, 04/15/26(e) |
|
|
|
|
|
|
1,817 |
|
|
|
1,807,915 |
|
5.00%, 01/15/28 |
|
|
|
|
|
|
2,308 |
|
|
|
2,133,077 |
|
Transocean Guardian Ltd., 5.88%, 01/15/24(e) |
|
|
|
|
|
|
1,107 |
|
|
|
1,079,325 |
|
Transocean Pontus Ltd., 6.13%, 08/01/25(e) |
|
|
|
|
|
|
1,312 |
|
|
|
1,279,200 |
|
Transocean, Inc.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
7.25%, 11/01/25 |
|
|
|
|
|
|
1,938 |
|
|
|
1,792,650 |
|
7.50%, 01/15/26 |
|
|
|
|
|
|
397 |
|
|
|
369,210 |
|
Tullow Oil PLC: |
|
|
|
|
|
|
|
|
|
|
|
|
7.00%, 03/01/25(e) |
|
|
|
|
|
|
400 |
|
|
|
366,000 |
|
7.00%, 03/01/25 |
|
|
|
|
|
|
200 |
|
|
|
183,000 |
|
UGI International LLC, 3.25%, 11/01/25 |
|
|
EUR |
|
|
|
277 |
|
|
|
315,160 |
|
Vantage Drilling International, 9.25%,
11/15/23(e) |
|
|
USD |
|
|
|
822 |
|
|
|
819,945 |
|
W&T Offshore, Inc., 2018 Term Loan,
9.75%, 11/01/23(e) |
|
|
|
|
|
|
747 |
|
|
|
676,035 |
|
Weatherford International Ltd.: |
|
|
|
|
|
|
|
|
|
|
|
|
6.50%, 08/01/36 |
|
|
|
|
|
|
1,021 |
|
|
|
581,970 |
|
5.95%, 04/15/42 |
|
|
|
|
|
|
714 |
|
|
|
399,840 |
|
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Par (000) |
|
|
Value |
|
|
Oil, Gas & Consumable Fuels (continued) |
|
Whiting Petroleum Corp., 6.63%, 01/15/26 |
|
|
USD |
|
|
|
751 |
|
|
$ |
722,838 |
|
WildHorse Resource Development Corp., 6.88%, 02/01/25 |
|
|
|
|
|
|
1,138 |
|
|
|
1,109,550 |
|
WPX Energy, Inc., 8.25%, 08/01/23 |
|
|
|
|
|
|
1,275 |
|
|
|
1,392,937 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
185,265,341 |
|
Paper & Forest Products 0.1% |
|
Norbord, Inc., 6.25%, 04/15/23(e) |
|
|
|
|
|
|
1,566 |
|
|
|
1,567,957 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pharmaceuticals 3.6% |
|
Bausch Health Cos., Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
5.63%, 12/01/21(e) |
|
|
|
|
|
|
724 |
|
|
|
723,095 |
|
6.50%, 03/15/22(e) |
|
|
|
|
|
|
1,037 |
|
|
|
1,069,188 |
|
5.50%, 03/01/23(e) |
|
|
|
|
|
|
3,974 |
|
|
|
3,839,878 |
|
4.50%, 05/15/23 |
|
|
EUR |
|
|
|
2,115 |
|
|
|
2,346,504 |
|
5.88%, 05/15/23(e) |
|
|
USD |
|
|
|
4,358 |
|
|
|
4,243,602 |
|
7.00%, 03/15/24(e) |
|
|
|
|
|
|
3,210 |
|
|
|
3,358,463 |
|
6.13%, 04/15/25(e) |
|
|
|
|
|
|
6,059 |
|
|
|
5,687,583 |
|
5.50%, 11/01/25(e) |
|
|
|
|
|
|
3,365 |
|
|
|
3,306,113 |
|
9.00%, 12/15/25(e) |
|
|
|
|
|
|
88 |
|
|
|
92,840 |
|
Charles River Laboratories International, Inc., 5.50%, 04/01/26(e) |
|
|
|
|
|
|
809 |
|
|
|
809,000 |
|
Elanco Animal Health, Inc.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
4.27%, 08/28/23 |
|
|
|
|
|
|
811 |
|
|
|
804,860 |
|
4.90%, 08/28/28 |
|
|
|
|
|
|
871 |
|
|
|
876,163 |
|
Endo Dac/Endo Finance LLC/Endo Finco, Inc.,
6.00%, 07/15/23(e) |
|
|
|
|
|
|
1,797 |
|
|
|
1,491,762 |
|
Endo Finance LLC/Endo Finco, Inc.,
7.25%, 01/15/22(e) |
|
|
|
|
|
|
1,176 |
|
|
|
1,099,560 |
|
Jaguar Holding Co. II/Pharmaceutical Product Development LLC, 6.38%, 08/01/23(e) |
|
|
|
|
|
|
8,621 |
|
|
|
8,545,566 |
|
MEDNAX, Inc., 6.25%, 01/15/27(e) |
|
|
|
|
|
|
520 |
|
|
|
517,920 |
|
Nidda BondCo GmbH, 7.25%, 09/30/25 |
|
|
EUR |
|
|
|
437 |
|
|
|
481,885 |
|
Rossini Sarl, 6.75%, 10/30/25 |
|
|
|
|
|
|
1,167 |
|
|
|
1,321,557 |
|
Syneos Health, Inc./inVentiv Health, Inc./inVentiv Health Clinical, Inc., 7.50%, 10/01/24(e) |
|
|
USD |
|
|
|
878 |
|
|
|
921,900 |
|
Synlab Bondco PLC, 6.25%, 07/01/22 |
|
|
EUR |
|
|
|
885 |
|
|
|
1,027,037 |
|
Synlab Unsecured Bondco PLC, 8.25%, 07/01/23 |
|
|
|
|
|
|
159 |
|
|
|
190,113 |
|
Team Health Holdings, Inc.,
6.38%, 02/01/25(e) |
|
|
USD |
|
|
|
3,148 |
|
|
|
2,597,100 |
|
Valeant Pharmaceuticals International,
8.50%, 01/31/27(e) |
|
|
|
|
|
|
3,455 |
|
|
|
3,575,925 |
|
Valeant Pharmaceuticals International, Inc., 9.25%, 04/01/26(e) |
|
|
|
|
|
|
1,080 |
|
|
|
1,149,865 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
50,077,479 |
|
|
Real Estate Management & Development 0.4% |
|
ADLER Real Estate AG: |
|
|
|
|
|
|
|
|
|
|
|
|
4.75%, 04/08/20 |
|
|
EUR |
|
|
|
32 |
|
|
|
36,612 |
|
2.13%, 02/06/24 |
|
|
|
|
|
|
325 |
|
|
|
348,072 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Par (000) |
|
|
Value |
|
|
Real Estate Management & Development (continued) |
|
Akelius Residential Property AB,
3.88%, 10/05/78(f) |
|
|
EUR |
|
|
|
125 |
|
|
$ |
136,367 |
|
Greystar Real Estate Partners LLC,
5.75%, 12/01/25(e) |
|
|
USD |
|
|
|
1,158 |
|
|
|
1,100,100 |
|
Howard Hughes Corp., 5.38%, 03/15/25(e) |
|
|
|
|
|
|
1,568 |
|
|
|
1,485,680 |
|
Newmark Group, Inc., 6.13%, 11/15/23(e) |
|
|
|
|
|
|
642 |
|
|
|
630,879 |
|
Realogy Group LLC/Realogy Co-Issuer Corp., 4.50%, 04/15/19(e) |
|
|
|
|
|
|
806 |
|
|
|
804,993 |
|
Residomo SRO, 3.38%, 10/15/24 |
|
|
EUR |
|
|
|
420 |
|
|
|
470,444 |
|
Summit Germany Ltd., 2.00%, 01/31/25 |
|
|
|
|
|
|
145 |
|
|
|
153,815 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5,166,962 |
|
|
Restaurants 0.1% |
|
IRB Holding Corp., 6.75%, 02/15/26(e) |
|
|
USD |
|
|
|
937 |
|
|
|
864,382 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Road & Rail 0.9% |
|
Avis Budget Finance PLC, 4.75%, 01/30/26 |
|
|
EUR |
|
|
|
707 |
|
|
|
767,379 |
|
CMA CGM SA, 5.25%, 01/15/25 |
|
|
|
|
|
|
400 |
|
|
|
377,664 |
|
EC Finance PLC, 2.38%, 11/15/22 |
|
|
|
|
|
|
378 |
|
|
|
420,103 |
|
Europcar Mobility Group, 5.75%, 06/15/22 |
|
|
|
|
|
|
110 |
|
|
|
126,710 |
|
Flexi-Van Leasing, Inc., 10.00%, 02/15/23(e) |
|
|
USD |
|
|
|
1,094 |
|
|
|
899,815 |
|
Herc Rentals, Inc.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
7.50%, 06/01/22 |
|
|
|
|
|
|
1,230 |
|
|
|
1,288,425 |
|
7.75%, 06/01/24 |
|
|
|
|
|
|
1,051 |
|
|
|
1,110,718 |
|
Hertz Corp., 7.63%, 06/01/22(e) |
|
|
|
|
|
|
2,628 |
|
|
|
2,582,010 |
|
Hertz Holdings Netherlands BV, 5.50%, 03/30/23 |
|
|
EUR |
|
|
|
443 |
|
|
|
498,938 |
|
Loxam SAS: |
|
|
|
|
|
|
|
|
|
|
|
|
3.50%, 04/15/22 |
|
|
|
|
|
|
168 |
|
|
|
193,040 |
|
3.50%, 05/03/23 |
|
|
|
|
|
|
150 |
|
|
|
171,533 |
|
United Rentals North America, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
4.63%, 07/15/23 |
|
|
USD |
|
|
|
944 |
|
|
|
938,100 |
|
4.63%, 10/15/25 |
|
|
|
|
|
|
2,460 |
|
|
|
2,277,837 |
|
5.88%, 09/15/26 |
|
|
|
|
|
|
319 |
|
|
|
309,829 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11,962,101 |
|
|
Semiconductors & Semiconductor Equipment 0.5% |
|
Advanced Micro Devices, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
7.50%, 08/15/22 |
|
|
|
|
|
|
422 |
|
|
|
459,453 |
|
7.00%, 07/01/24 |
|
|
|
|
|
|
409 |
|
|
|
429,961 |
|
Qorvo, Inc., 5.50%, 07/15/26(e) |
|
|
|
|
|
|
2,652 |
|
|
|
2,572,440 |
|
Sensata Technologies BV(e): |
|
|
|
|
|
|
|
|
|
|
|
|
5.63%, 11/01/24 |
|
|
|
|
|
|
903 |
|
|
|
905,258 |
|
5.00%, 10/01/25 |
|
|
|
|
|
|
3,297 |
|
|
|
3,173,362 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
7,540,474 |
|
|
Software 4.7% |
|
ACI Worldwide, Inc., 5.75%, 08/15/26(e) |
|
|
|
|
|
|
3,459 |
|
|
|
3,433,058 |
|
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Par (000) |
|
|
Value |
|
Software (continued) |
|
CDK Global, Inc., 4.88%, 06/01/27 |
|
|
USD |
|
|
|
4,326 |
|
|
$ |
4,033,995 |
|
Genesys Telecommunications Laboratories, Inc./Greeneden Lux 3 Sarl/Greeneden US Ho, 10.00%, 11/30/24(e) |
|
|
|
|
|
|
3,875 |
|
|
|
4,185,000 |
|
Infor Software Parent LLC/Infor Software Parent, Inc., (7.13% Cash or 7.88% PIK), 7.13%, 05/01/21(e)(h) |
|
|
|
|
|
|
3,521 |
|
|
|
3,512,197 |
|
Infor US, Inc., 6.50%, 05/15/22 |
|
|
|
|
|
|
12,511 |
|
|
|
12,448,445 |
|
Informatica LLC, 7.13%, 07/15/23(e) |
|
|
|
|
|
|
5,308 |
|
|
|
5,321,270 |
|
Nuance Communications, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
5.38%, 08/15/20(e) |
|
|
|
|
|
|
237 |
|
|
|
237,444 |
|
6.00%, 07/01/24 |
|
|
|
|
|
|
1,630 |
|
|
|
1,621,850 |
|
5.63%, 12/15/26 |
|
|
|
|
|
|
1,410 |
|
|
|
1,354,023 |
|
PTC, Inc., 6.00%, 05/15/24 |
|
|
|
|
|
|
1,996 |
|
|
|
2,050,890 |
|
Rackspace Hosting, Inc., 8.63%, 11/15/24(e) |
|
|
|
|
|
|
1,189 |
|
|
|
1,004,705 |
|
RP Crown Parent LLC, 7.38%, 10/15/24 (e) |
|
|
|
|
|
|
2,705 |
|
|
|
2,742,194 |
|
Solera LLC/Solera Finance, Inc.,
10.50%, 03/01/24(e) |
|
|
|
|
|
|
10,971 |
|
|
|
11,821,252 |
|
Sophia LP/Sophia Finance, Inc.,
9.00%, 09/30/23(e) |
|
|
|
|
|
|
1,553 |
|
|
|
1,599,590 |
|
TIBCO Software, Inc., 11.38%, 12/01/21(e) |
|
|
|
|
|
|
7,252 |
|
|
|
7,678,055 |
|
Veritas US, Inc./Veritas Bermuda Ltd.,
7.50%, 02/01/23(e) |
|
|
|
|
|
|
1,938 |
|
|
|
1,733,643 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
64,777,611 |
|
Specialty Retail 0.7% |
|
Asbury Automotive Group, Inc., 6.00%, 12/15/24 |
|
|
|
|
|
|
2,505 |
|
|
|
2,439,244 |
|
Catalent Pharma Solutions, Inc.,
4.88%, 01/15/26(e) |
|
|
|
|
|
|
1,907 |
|
|
|
1,806,882 |
|
Group 1 Automotive, Inc., 5.25%, 12/15/23(e) |
|
|
|
|
|
|
264 |
|
|
|
255,420 |
|
Hexion, Inc., 6.63%, 04/15/20 |
|
|
|
|
|
|
670 |
|
|
|
553,587 |
|
L Brands, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
6.88%, 11/01/35 |
|
|
|
|
|
|
2,579 |
|
|
|
2,184,091 |
|
6.75%, 07/01/36 |
|
|
|
|
|
|
384 |
|
|
|
319,680 |
|
Penske Automotive Group, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
5.75%, 10/01/22 |
|
|
|
|
|
|
729 |
|
|
|
732,645 |
|
5.50%, 05/15/26 |
|
|
|
|
|
|
346 |
|
|
|
320,050 |
|
PVH Corp., 3.13%, 12/15/27 |
|
|
EUR |
|
|
|
542 |
|
|
|
585,748 |
|
Shop Direct Funding PLC, 7.75%, 11/15/22 |
|
|
GBP |
|
|
|
440 |
|
|
|
465,434 |
|
Tendam Brands SAU, 5.00%, 09/15/24 |
|
|
EUR |
|
|
|
186 |
|
|
|
194,251 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
9,857,032 |
|
Technology Hardware, Storage & Peripherals 0.9% |
|
Dell International LLC/EMC Corp.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
7.13%, 06/15/24 |
|
|
USD |
|
|
|
4,522 |
|
|
|
4,726,394 |
|
6.02%, 06/15/26 |
|
|
|
|
|
|
1,390 |
|
|
|
1,405,182 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Par (000) |
|
|
Value |
|
Technology Hardware, Storage & Peripherals (continued) |
|
Western Digital Corp., 4.75%, 02/15/26 |
|
|
USD |
|
|
|
6,939 |
|
|
|
$6,349,185 |
|
|
|
|
|
|
|
|
|
|
|
|
12,480,761 |
|
Textiles, Apparel & Luxury Goods 0.0% |
|
SMCP Group SAS, 5.88%, 05/01/23 |
|
|
EUR |
|
|
|
97 |
|
|
|
114,442 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Thrifts & Mortgage Finance 0.2% |
|
Bracken MidCo1 PLC, 8.88%, 10/15/23(h) |
|
|
GBP |
|
|
|
186 |
|
|
|
225,848 |
|
Jerrold Finco PLC: |
|
|
|
|
|
|
|
|
|
|
|
|
6.25%, 09/15/21 |
|
|
|
|
|
|
325 |
|
|
|
412,392 |
|
6.13%, 01/15/24 |
|
|
|
|
|
|
345 |
|
|
|
426,506 |
|
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.(e): |
|
|
|
|
|
|
|
|
|
|
|
|
5.25%, 03/15/22 |
|
|
USD |
|
|
|
264 |
|
|
|
261,360 |
|
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.(e) (continued): |
|
|
|
|
|
|
|
|
|
|
|
|
5.25%, 10/01/25 |
|
|
|
|
|
|
2,176 |
|
|
|
1,980,160 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3,306,266 |
|
Transportation Infrastructure 0.0% |
|
Ceva Logistics Finance BV, 5.25%, 08/01/25 |
|
|
EUR |
|
|
|
217 |
|
|
|
240,148 |
|
CMA CGM SA, 6.50%, 07/15/22 |
|
|
|
|
|
|
200 |
|
|
|
211,119 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
451,267 |
|
Utilities 0.1% |
|
ContourGlobal Power Holdings SA, 3.38%, 08/01/23 |
|
|
|
|
|
|
481 |
|
|
|
519,981 |
|
Vistra Operations Co. LLC, 5.50%, 09/01/26(e) |
|
|
USD |
|
|
|
1,310 |
|
|
|
1,288,713 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,808,694 |
|
Wireless Telecommunication Services 4.9% |
|
CoreCivic, Inc., 4.75%, 10/15/27 |
|
|
|
|
|
|
1,135 |
|
|
|
959,075 |
|
CyrusOne LP/CyrusOne Finance Corp., 5.38%, 03/15/27 |
|
|
|
|
|
|
472 |
|
|
|
462,560 |
|
Digicel Group Ltd., 8.25%, 09/30/20(e) |
|
|
|
|
|
|
1,222 |
|
|
|
812,630 |
|
Digicel Ltd., 6.00%, 04/15/21(e) |
|
|
|
|
|
|
5,564 |
|
|
|
4,951,960 |
|
Equinix, Inc., 2.88%, 10/01/25 |
|
|
EUR |
|
|
|
420 |
|
|
|
459,958 |
|
Frontier Communications Corp.,
8.50%, 04/01/26(e) |
|
|
USD |
|
|
|
2,254 |
|
|
|
2,045,663 |
|
GEO Group, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
5.88%, 01/15/22 |
|
|
|
|
|
|
350 |
|
|
|
343,266 |
|
5.13%, 04/01/23 |
|
|
|
|
|
|
184 |
|
|
|
166,060 |
|
5.88%, 10/15/24 |
|
|
|
|
|
|
2,472 |
|
|
|
2,224,800 |
|
6.00%, 04/15/26 |
|
|
|
|
|
|
304 |
|
|
|
269,800 |
|
Iron Mountain, Inc., 3.00%, 01/15/25 |
|
|
EUR |
|
|
|
150 |
|
|
|
163,965 |
|
Matterhorn Telecom SA, 3.88%, 05/01/22 |
|
|
|
|
|
|
835 |
|
|
|
927,197 |
|
Radiate Holdco LLC/Radiate Finance, Inc., 6.63%,
02/15/25(e) |
|
|
USD |
|
|
|
1,539 |
|
|
|
1,385,100 |
|
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Par (000) |
|
|
Value |
|
|
Wireless Telecommunication Services (continued) |
|
SBA Communications Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
4.00%, 10/01/22 |
|
|
USD |
|
|
|
2,644 |
|
|
$ |
2,551,460 |
|
4.88%, 09/01/24 |
|
|
|
|
|
|
5,079 |
|
|
|
4,927,392 |
|
Sprint Capital Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
6.90%, 05/01/19 |
|
|
|
|
|
|
640 |
|
|
|
647,200 |
|
8.75%, 03/15/32 |
|
|
|
|
|
|
427 |
|
|
|
463,829 |
|
Sprint Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
7.88%, 09/15/23 |
|
|
|
|
|
|
8,953 |
|
|
|
9,420,347 |
|
7.13%, 06/15/24 |
|
|
|
|
|
|
16,262 |
|
|
|
16,505,930 |
|
7.63%, 02/15/25 |
|
|
|
|
|
|
1,856 |
|
|
|
1,909,360 |
|
7.63%, 03/01/26 |
|
|
|
|
|
|
3,971 |
|
|
|
4,070,275 |
|
T-Mobile USA, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
4.00%, 04/15/22 |
|
|
|
|
|
|
591 |
|
|
|
581,396 |
|
6.50%, 01/15/24 |
|
|
|
|
|
|
2,638 |
|
|
|
2,717,140 |
|
6.38%, 03/01/25 |
|
|
|
|
|
|
994 |
|
|
|
1,022,578 |
|
6.50%, 01/15/26 |
|
|
|
|
|
|
1,549 |
|
|
|
1,607,087 |
|
4.50%, 02/01/26 |
|
|
|
|
|
|
1,630 |
|
|
|
1,529,673 |
|
4.75%, 02/01/28 |
|
|
|
|
|
|
3,329 |
|
|
|
3,082,820 |
|
VICI Properties 1 LLC/VICI FC, Inc., 8.00%, 10/15/23 |
|
|
|
|
|
|
1,327 |
|
|
|
1,443,211 |
|
Vodafone Group PLC, Series VOD,
0.00%, 11/26/20(l)(n) |
|
|
GBP |
|
|
|
200 |
|
|
|
246,470 |
|
Wind Tre SpA: |
|
|
|
|
|
|
|
|
|
|
|
|
2.63%, 01/20/23 |
|
|
EUR |
|
|
|
170 |
|
|
|
174,655 |
|
2.75%, 01/20/24(f) |
|
|
|
|
|
|
200 |
|
|
|
204,729 |
|
3.13%, 01/20/25 |
|
|
|
|
|
|
500 |
|
|
|
503,785 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
68,781,371 |
|
|
|
Total Corporate Bonds 111.1% (Cost $1,606,388,916) |
|
|
|
1,544,871,193 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Floating Rate Loan Interests (d) 19.1% |
|
|
Aerospace & Defense 0.3% |
|
Accudyne Industries LLC, 2017 Term Loan, (1 mo. LIBOR + 3.00%, 1.00% Floor),
5.34%, 08/18/24 |
|
|
USD |
|
|
|
2,540 |
|
|
|
2,498,108 |
|
Atlantic Aviation FBO, Inc., 2018 Term Loan B, 1.00%, 11/29/25(b) |
|
|
|
|
|
|
601 |
|
|
|
599,497 |
|
Sequa Mezzanine Holdings LLC, 2nd Lien Term Loan, (3 mo. LIBOR + 9.00%, 1.00% Floor), 11.52%,
04/28/22(b) |
|
|
|
|
|
|
385 |
|
|
|
370,563 |
|
WP CPP Holdings LLC, 2018 Term Loan, (1 mo. LIBOR + 3.75%, 1.00% Floor),
6.28%, 04/30/25 |
|
|
|
|
|
|
330 |
|
|
|
327,113 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3,795,281 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Par (000) |
|
|
Value |
|
|
Auto Components 0.1% |
|
USI, Inc., 2017 Repriced Term Loan, (3 mo. LIBOR + 3.00%), 5.39%, 05/16/24 |
|
|
USD |
|
|
|
1,078 |
|
|
$ |
1,049,311 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Auto Parts 0.0% |
|
Mavis Tire Express Services Corp.: |
|
|
|
|
|
|
|
|
|
|
|
|
2018 1st Lien Term Loan, (1 mo. LIBOR + 3.25%), 5.56%, 03/20/25 |
|
|
|
|
|
|
466 |
|
|
|
459,329 |
|
2018 Delayed Draw Term Loan, (1 mo. LIBOR + 3.25%), 2.41%, 03/20/25 |
|
|
|
|
|
|
75 |
|
|
|
8,608 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
467,937 |
|
|
Capital Markets 0.1% |
|
Horizon Holdings III SAS, EUR Term Loan B4, (EURIBOR + 2.75%), 2.75%, 10/29/22 |
|
|
EUR |
|
|
|
1,000 |
|
|
|
1,117,689 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Chemicals 1.3% |
|
Allnex (Luxembourg) & Cy S.C.A., 2016 EUR Term Loan B1, (EURIBOR + 3.25%),
3.25%, 09/13/23 |
|
|
|
|
|
|
995 |
|
|
|
1,118,295 |
|
Alpha 3 BV, 2017 Term Loan B1, 01/31/24(o) |
|
|
USD |
|
|
|
2,146 |
|
|
|
2,134,640 |
|
Element Materials Technology Group US Holdings, Inc., 2017 Term Loan B, (1 mo. LIBOR + 3.50%, 1.00%
Floor), 5.84%, 06/28/24 |
|
|
|
|
|
|
342 |
|
|
|
341,556 |
|
Invictus US LLC: |
|
|
|
|
|
|
|
|
|
|
|
|
1st Lien Term Loan, (2 mo. LIBOR + 3.00%), 5.50%, 03/28/25 |
|
|
|
|
|
|
681 |
|
|
|
676,057 |
|
2nd Lien Term Loan, (2 mo. LIBOR + 6.75%), 9.25%, 03/25/26 |
|
|
|
|
|
|
374 |
|
|
|
372,598 |
|
Messer Industries LLC, 2018 USD Term Loan,
10/01/25(o) |
|
|
|
|
|
|
5,219 |
|
|
|
5,137,479 |
|
Starfruit Finco BV: |
|
|
|
|
|
|
|
|
|
|
|
|
2018 EUR Term Loan B, (EURIBOR + 3.75%), 3.75%, 10/01/25 |
|
|
EUR |
|
|
|
1,000 |
|
|
|
1,130,470 |
|
2018 USD Term Loan B, (1 mo. LIBOR + 3.25%), 5.55%, 10/01/25 |
|
|
USD |
|
|
|
6,842 |
|
|
|
6,739,370 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
17,650,465 |
|
|
Commercial Services & Supplies 1.4% |
|
Asurion LLC, 2017 2nd Lien Term Loan, (1 mo. LIBOR + 6.50%), 8.84%, 08/04/25 |
|
|
|
|
|
|
2,868 |
|
|
|
2,920,571 |
|
GFL Environmental, Inc., 2018 USD Term Loan B, (3 mo. LIBOR + 3.00%, 1.00% Floor),
5.39%, 05/30/25 |
|
|
|
|
|
|
4,085 |
|
|
|
3,970,130 |
|
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
|
|
Par (000) |
|
|
Value |
|
Commercial Services & Supplies (continued) |
|
Silk Bidco AS, EUR Term Loan B, (EURIBOR + 3.75%), 3.75%, 02/07/25 |
|
|
EUR |
|
|
|
1,000 |
|
|
$ |
1,130,447 |
|
Verscend Holding Corp., 2018 Term Loan B, (1 mo. LIBOR + 4.50%), 6.84%, 08/27/25 |
|
|
USD |
|
|
|
8,263 |
|
|
|
8,249,381 |
|
West Corp., 2017 Term Loan, (3 mo. LIBOR + 4.00%, 1.00% Floor), 6.53%, 10/10/24 |
|
|
|
|
|
|
2,830 |
|
|
|
2,716,668 |
|
West Corporation, 2018 Term Loan B1, (3 mo. LIBOR + 3.50%, 1.00% Floor), 6.03%, 10/10/24 |
|
|
|
|
|
|
483 |
|
|
|
469,817 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
19,457,014 |
|
Construction & Engineering 1.0% |
|
Brand Energy & Infrastructure Services, Inc., 2017 Term Loan, (3 mo. LIBOR + 4.25%, 1.00%
Floor), 6.73%, 06/21/24 |
|
|
|
|
|
|
8,979 |
|
|
|
8,819,874 |
|
Ply Gem Midco, Inc., 2018 Term Loan, (3 mo. LIBOR + 3.75%), 6.18%, 04/12/25 |
|
|
|
|
|
|
2,804 |
|
|
|
2,741,378 |
|
SRS Distribution, Inc., 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.25%), 5.59%, 05/23/25 |
|
|
|
|
|
|
2,262 |
|
|
|
2,174,665 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
13,735,917 |
|
Construction Materials 0.1% |
|
Filtration Group Corp., 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.00%), 5.34%, 03/29/25 |
|
|
|
|
|
|
361 |
|
|
|
358,115 |
|
Xella International GmbH, 2017 EUR Term Loan B, (EURIBOR + 4.00%), 4.00%, 04/11/24 |
|
|
EUR |
|
|
|
1,000 |
|
|
|
1,124,741 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,482,856 |
|
Diversified Consumer Services 0.6% |
|
Ascend Learning LLC, 2017 Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 5.34%, 07/12/24 |
|
|
USD |
|
|
|
401 |
|
|
|
395,605 |
|
CHG PPC Parent LLC, 2018 Term Loan B, (1 mo. LIBOR + 2.75%), 5.09%, 03/31/25(b) |
|
|
|
|
|
|
691 |
|
|
|
681,763 |
|
Gol LuxCo SA, 1st Lien Term Loan, (Fixed + 6.50%), 6.50%, 08/31/20 |
|
|
|
|
|
|
3,885 |
|
|
|
3,972,413 |
|
Laureate Education, Inc., 2017 Term Loan B, (3 mo. LIBOR + 3.50%, 1.00% Floor),
6.03%, 04/26/24 |
|
|
|
|
|
|
598 |
|
|
|
596,013 |
|
Uber Technologies, 2018 Term Loan, (1 mo. LIBOR + 4.00%, 1.00% Floor), 6.32%, 04/04/25 |
|
|
|
|
|
|
2,881 |
|
|
|
2,844,770 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8,490,564 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
|
|
Par (000) |
|
|
Value |
|
Diversified Financial Services 0.1% |
|
LTI Holdings, Inc., 2018 Add On 1st Lien Term Loan, (1 mo. LIBOR + 3.50%), 5.84%, 09/06/25 |
|
|
USD |
|
|
|
845 |
|
|
$ |
831,269 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Diversified Telecommunication Services 0.8% |
|
CenturyLink, Inc., 2017 Term Loan B, (1 mo. LIBOR + 2.75%), 5.09%, 01/31/25 |
|
|
|
|
|
|
4,077 |
|
|
|
3,957,186 |
|
Eircom Finco Sarl, EUR Term Loan B6, (EURIBOR + 3.25%), 3.25%, 04/19/24 |
|
|
EUR |
|
|
|
1,000 |
|
|
|
1,127,617 |
|
Sprint Communications, Inc., 2018 Term Loan B,
02/02/24(o) |
|
|
USD |
|
|
|
4,234 |
|
|
|
4,194,328 |
|
TDC A/S, Term Loan, (EURIBOR + 3.50%), 3.50%, 06/04/25 |
|
|
EUR |
|
|
|
1,229 |
|
|
|
1,386,263 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10,665,394 |
|
Energy Equipment & Services 0.5% |
|
Gavilan Resources LLC, 2nd Lien Term Loan, (1 mo. LIBOR + 6.00%, 1.00% Floor),
8.31%, 03/01/24 |
|
|
USD |
|
|
|
699 |
|
|
|
591,882 |
|
Pioneer Energy Services Corp., Term Loan, (1 mo. LIBOR + 7.75%, 1.00% Floor), 10.06%, 11/08/22(b) |
|
|
|
|
|
|
4,819 |
|
|
|
4,903,333 |
|
Weatherford International Ltd., Term Loan, (1 mo. LIBOR + 1.42%), 3.78%, 07/13/20 |
|
|
|
|
|
|
1,582 |
|
|
|
1,547,415 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
7,042,630 |
|
Food Products 0.1% |
|
Chobani LLC, 2017 Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 5.84%, 10/10/23 |
|
|
|
|
|
|
394 |
|
|
|
370,117 |
|
Froneri International PLC, 2018 EUR Term Loan B, (EURIBOR + 2.62%), 2.63%, 01/22/25 |
|
|
EUR |
|
|
|
1,000 |
|
|
|
1,129,134 |
|
JBS USA LLC, 2017 Term Loan B, (3 mo. LIBOR + 2.50%), 4.84%, 10/30/22 |
|
|
USD |
|
|
|
447 |
|
|
|
440,708 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,939,959 |
|
Gas Utilities 0.1% |
|
AL Midcoast Holdings LLC, 2018 Term Loan B, (2 mo. LIBOR + 5.50%), 7.89%, 07/31/25 |
|
|
|
|
|
|
1,622 |
|
|
|
1,589,560 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Health Care Equipment & Supplies 0.7% |
|
CTC AcquiCo GmbH, EUR 2017 Term Loan B1, (EURIBOR + 3.00%), 3.00%, 03/07/25 |
|
|
EUR |
|
|
|
967 |
|
|
|
1,086,914 |
|
DJO Finance LLC, 2015 Term Loan, (3 mo. LIBOR + 3.25%, 1.00% Floor), 5.62%, 06/08/20 |
|
|
USD |
|
|
|
3,293 |
|
|
|
3,286,277 |
|
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
|
|
Par (000) |
|
|
Value |
|
Health Care Equipment & Supplies (continued) |
|
Immucor, Inc., Extended Term Loan B, (3 mo. LIBOR + 5.00%, 1.00% Floor), 7.39%, 06/15/21(b) |
|
|
USD |
|
|
|
4,303 |
|
|
$ |
4,313,561 |
|
Ortho-Clinical Diagnostics SA, 2018 Term Loan B, (3 mo. LIBOR + 3.25%), 5.58%, 06/30/25 |
|
|
|
|
|
|
1,111 |
|
|
|
1,082,296 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
9,769,048 |
|
Health Care Providers & Services 1.1% |
|
AHP Health Partners, Inc., 2018 Term Loan, (1 mo. LIBOR + 4.50%), 1.00% Floor),
6.84%, 06/30/25 |
|
|
|
|
|
|
974 |
|
|
|
967,884 |
|
Concentra, Inc., 2018 2nd Lien Term Loan, (1 mo. LIBOR + 6.50%), 1.00% Floor),
8.82%, 06/01/23 |
|
|
|
|
|
|
1,338 |
|
|
|
1,339,673 |
|
DentalCorp Perfect Smile ULC, 1.00% Floor): |
|
|
|
|
|
|
|
|
|
|
|
|
1st Lien Delayed Draw Term Loan, (1 mo. LIBOR + 3.75%), 4.82%, 06/06/25 |
|
|
|
|
|
|
151 |
|
|
|
68,496 |
|
1st Lien Term Loan, (1 mo. LIBOR + 3.75%), 6.09%, 06/06/25 |
|
|
|
|
|
|
604 |
|
|
|
600,167 |
|
Envision Healthcare Corp., 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.75%), 6.09%, 10/10/25 |
|
|
|
|
|
|
6,223 |
|
|
|
5,972,480 |
|
Gentiva Health Services, Inc.(b): |
|
|
|
|
|
|
|
|
|
|
|
|
2018 1st Lien Term Loan, (1 mo. LIBOR + 3.75%), 6.13%, 07/02/25 |
|
|
|
|
|
|
2,470 |
|
|
|
2,463,660 |
|
2018 2nd Lien Term Loan, (1 mo. LIBOR + 7.00%), 9.38%, 07/02/26 |
|
|
|
|
|
|
357 |
|
|
|
358,753 |
|
LGC Science Holdings Ltd., USD Term Loan B3,
03/08/23(o) |
|
|
|
|
|
|
1,000 |
|
|
|
990,000 |
|
Quorum Health Corporation, Term Loan B, (1 mo. LIBOR + 6.75%, 1.00% Floor),
9.09%, 04/29/22 |
|
|
|
|
|
|
1,359 |
|
|
|
1,363,421 |
|
Team Health Holdings, Inc., 1st Lien Term Loan, (1 mo. LIBOR + 2.75%, 1.00% Floor),
5.09%, 02/06/24 |
|
|
|
|
|
|
1,457 |
|
|
|
1,356,398 |
|
Universal Hospital Services, Inc., Term Loan,
10/18/25(b)(o) |
|
|
|
|
|
|
387 |
|
|
|
385,065 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
15,865,997 |
|
Health Care Technology 0.1% |
|
Change Healthcare Holdings, Inc., 2017 Term Loan B,
03/01/24(o) |
|
|
|
|
|
|
801 |
|
|
|
790,775 |
|
GoodRx, Inc., 1st Lien Term Loan, (1 mo. LIBOR + 3.00%), 5.32%, 10/10/25 |
|
|
|
|
|
|
535 |
|
|
|
531,431 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,322,206 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
|
|
Par (000) |
|
|
Value |
|
Hotels, Restaurants & Leisure 1.3% |
|
Bronco Midstream Funding LLC, Term Loan B, (1 mo. LIBOR + 3.50%), 5.82%, 08/14/23 |
|
|
USD |
|
|
|
1,649 |
|
|
$ |
1,630,987 |
|
GVC Holdings PLC, 2018 EUR Term Loan, (EURIBOR + 2.75%), 2.75%, 03/29/24 |
|
|
EUR |
|
|
|
1,000 |
|
|
|
1,127,696 |
|
IRB Holding Corp., 1st Lien Term Loan,
02/05/25(o) |
|
|
USD |
|
|
|
1,463 |
|
|
|
1,446,234 |
|
Las Vegas Sands LLC, 2018 Term Loan B, (1 mo. LIBOR + 1.75%), 4.09%, 03/27/25 |
|
|
|
|
|
|
3,771 |
|
|
|
3,709,393 |
|
Penn National Gaming, Inc., 2018 1st Lien Term Loan B, (3 mo. LIBOR + 2.25%),
4.58%, 10/15/25 |
|
|
|
|
|
|
442 |
|
|
|
437,766 |
|
Stars Group Holdings BV, 2018 Incremental Term Loan, (3 mo. LIBOR + 3.50%),
5.89%, 07/10/25 |
|
|
|
|
|
|
9,175 |
|
|
|
9,132,433 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
17,484,509 |
|
Household Products 0.0% |
|
Energizer Holdings, Inc., 2018 Term Loan B,
06/20/25(b)(o) |
|
|
|
|
|
|
296 |
|
|
|
288,600 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Industrial Conglomerates 0.2% |
|
|
|
|
|
|
|
|
|
Cortes NP Acquisition Corp., 2017 Term Loan B, (3 mo. LIBOR + 4.00%, 1.00% Floor), 6.71%, 11/30/23(b) |
|
|
|
|
|
|
1,985 |
|
|
|
1,920,909 |
|
Sequa Mezzanine Holdings LLC, 1st Lien Term Loan, (3 mo. LIBOR + 5.00%, 1.00% Floor),
7.41%, 11/28/21 |
|
|
|
|
|
|
1,154 |
|
|
|
1,126,971 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3,047,880 |
|
Insurance 0.5% |
|
Alliant Holdings I, Inc., 2018 Term Loan B, (1 mo. LIBOR + 2.75%), 5.06%, 05/09/25 |
|
|
|
|
|
|
326 |
|
|
|
319,975 |
|
Sedgwick Claims Management Services, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
1st Lien Term Loan, (1 mo. LIBOR + 2.75%, 1.00% Floor), 5.09%, 03/01/21 |
|
|
|
|
|
|
1,855 |
|
|
|
1,834,087 |
|
2018 Term Loan B, 12/31/25(o) |
|
|
|
|
|
|
4,284 |
|
|
|
4,235,805 |
|
2nd Lien Term Loan, (1 mo. LIBOR + 5.75%, 1.00% Floor), 8.09%, 02/28/22 |
|
|
|
|
|
|
445 |
|
|
|
444,444 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6,834,311 |
|
Internet Software & Services 0.2% |
|
TierPoint LLC, 2017 1st Lien Term Loan, (1 mo. LIBOR + 3.75%, 1.00% Floor),
6.09%, 05/06/24 |
|
|
|
|
|
|
929 |
|
|
|
902,345 |
|
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
|
|
Par (000) |
|
|
Value |
|
Internet Software & Services (continued) |
|
ZPG PLC, 2018 Term Loan B, (LIBOR - GBP + 4.75%), 5.49%, 06/30/25 |
|
|
GBP |
|
|
|
1,000 |
|
|
$ |
1,267,089 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,169,434 |
|
IT Services 0.1% |
|
Access CIG LLC: |
|
|
|
|
|
|
|
|
|
|
|
|
2018 1st Lien Term Loan, (3 mo. LIBOR + 3.75%), 6.46%, 02/27/25 |
|
|
USD |
|
|
|
402 |
|
|
|
401,480 |
|
2018 2nd Lien Delayed Draw Term Loan, (UNFND + 7.75%), 10.46%, 02/27/26 |
|
|
|
|
|
|
8 |
|
|
|
7,778 |
|
2018 2nd Lien Incremental Term Loan, (3 mo. LIBOR + 7.75%), 10.46%, 02/27/26 |
|
|
|
|
|
|
12 |
|
|
|
11,940 |
|
2018 2nd Lien Term Loan, (1 mo. LIBOR + 7.75%), 10.46%, 02/27/26 |
|
|
|
|
|
|
146 |
|
|
|
144,789 |
|
2018 Incremental Term Loan, (3 mo. LIBOR + 3.75%), 6.46%, 02/27/25 |
|
|
|
|
|
|
57 |
|
|
|
56,601 |
|
Flexential Intermediate Corp., 2017 1st Lien Term Loan, (3 mo. LIBOR + 3.50%),
5.89%, 08/01/24 |
|
|
|
|
|
|
887 |
|
|
|
856,786 |
|
Peak 10 Holding Corp., 2nd Lien Term Loan, (3 mo. LIBOR + 7.25%, 1.00% Floor),
9.79%, 08/01/25 |
|
|
|
|
|
|
420 |
|
|
|
402,570 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,881,944 |
|
Life Sciences Tools & Services 0.1% |
|
Albany Molecular Research, Inc., 2017 1st Lien Term Loan, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.59%,
08/30/24 |
|
|
|
|
|
|
728 |
|
|
|
718,880 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Machinery 0.3% |
|
Altra Industrial Motion Corp., 2018 Term Loan B, (1 mo. LIBOR + 2.00%), 4.34%, 10/01/25 |
|
|
|
|
|
|
1,116 |
|
|
|
1,102,050 |
|
Brookfield WEC Holdings, Inc., 2018 2nd Lien Term Loan, (1 mo. LIBOR + 6.75%),
9.09%, 08/03/26 |
|
|
|
|
|
|
552 |
|
|
|
555,450 |
|
Titan Acquisition Ltd., 2018 Term Loan B,
03/28/25(o) |
|
|
|
|
|
|
3,176 |
|
|
|
2,977,372 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4,634,872 |
|
Media 1.9% |
|
Altice France SA, 2018 Term Loan B13, (1 mo. LIBOR + 4.00%), 6.31%, 08/14/26 |
|
|
|
|
|
|
3,453 |
|
|
|
3,285,023 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
|
|
Par (000) |
|
|
Value |
|
Media (continued) |
|
Charter Communications Operating LLC, 2017 Term Loan A2, (1 mo. LIBOR + 1.50%),
3.85%, 03/31/23 |
|
|
USD |
|
|
|
8,508 |
|
|
$ |
8,465,000 |
|
Gray Television, Inc., 2018 Term Loan C,
10/30/25(o) |
|
|
|
|
|
|
523 |
|
|
|
517,990 |
|
Intelsat Jackson Holdings SA: |
|
|
|
|
|
|
|
|
|
|
|
|
2017 Term Loan B3, (1 mo. LIBOR + 3.75%, 1.00% Floor), 6.07%, 11/27/23 |
|
|
|
|
|
|
559 |
|
|
|
554,584 |
|
2017 Term Loan B4, (1 mo. LIBOR + 4.50%, 1.00% Floor), 6.82%, 01/02/24 |
|
|
|
|
|
|
1,820 |
|
|
|
1,851,510 |
|
2017 Term Loan B5, (Fixed + 6.62%), 6.63%, 01/02/24 |
|
|
|
|
|
|
10,040 |
|
|
|
10,054,793 |
|
PSAV Holdings LLC, 1.00% Floor): |
|
|
|
|
|
|
|
|
|
|
|
|
2018 1st Lien Term Loan, (3 mo. LIBOR + 3.25%, 5.70%, 03/01/25 |
|
|
|
|
|
|
819 |
|
|
|
801,828 |
|
2018 2nd Lien Term Loan, (3 mo. LIBOR + 7.25%, 9.78%, 09/01/25(b) |
|
|
|
|
|
|
666 |
|
|
|
649,350 |
|
Tele Columbus AG, 2018 EUR Term Loan A2, (EURIBOR + 3.00%), 3.00%, 10/15/24 |
|
|
EUR |
|
|
|
624 |
|
|
|
658,485 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
26,838,563 |
|
Multiline Retail 0.2% |
|
EG Group Ltd.: |
|
|
|
|
|
|
|
|
|
|
|
|
2018 EUR Delayed Draw Term Loan B, (UNFND + 4.00%), 4.00%, 02/06/25 |
|
|
|
|
|
|
336 |
|
|
|
377,736 |
|
2018 EUR Term Loan B, (EURIBOR + 4.00%), 4.00%, 02/06/25 |
|
|
|
|
|
|
660 |
|
|
|
738,792 |
|
Neiman Marcus Group, Inc., 2020 Term Loan, (1 mo. LIBOR + 3.25%, 1.00% Floor),
5.57%, 10/25/20 |
|
|
USD |
|
|
|
1,408 |
|
|
|
1,218,080 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,334,608 |
|
Oil & Gas Equipment & Services 0.7% |
|
McDermott Technology Americas, Inc., 2018 1st Lien Term Loan, 05/10/25(o) |
|
|
|
|
|
|
10,598 |
|
|
|
10,155,986 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Oil, Gas & Consumable Fuels 0.7% |
|
BCP Raptor II LLC, 1st Lien Term Loan, (2 mo. LIBOR + 4.75%), 7.14%, 11/03/25 |
|
|
|
|
|
|
530 |
|
|
|
515,425 |
|
California Resources Corp.,(o): |
|
|
|
|
|
|
|
|
|
|
|
|
2017 1st Lien Term Loan, 12/31/22 |
|
|
|
|
|
|
4,231 |
|
|
|
4,255,181 |
|
Second Out Term Loan, 12/31/21 |
|
|
|
|
|
|
2,616 |
|
|
|
2,784,226 |
|
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
|
|
Par (000) |
|
|
Value |
|
Oil, Gas & Consumable Fuels (continued) |
|
CONSOL Energy, Inc., 1st Lien Term Loan B, (1 mo. LIBOR + 6.00%, 1.00% Floor),
8.35%, 11/28/22 |
|
|
USD |
|
|
|
1,671 |
|
|
$ |
1,676,882 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
9,231,714 |
|
Pharmaceuticals 0.6% |
|
Amneal Pharmaceuticals LLC, 2018 Term Loan B, (1 mo. LIBOR + 3.50%), 5.88%, 05/04/25 |
|
|
|
|
|
|
1,495 |
|
|
|
1,488,955 |
|
Auris Luxembourg III Sarl, 2018 USD Term Loan B,
07/20/25(o) |
|
|
|
|
|
|
1,185 |
|
|
|
1,179,822 |
|
Ceva Sante Animale, EUR Term Loan B, (EURIBOR + 3.00%), 3.00%, 06/30/21 |
|
|
EUR |
|
|
|
1,000 |
|
|
|
1,127,617 |
|
Endo Luxembourg Finance Company I Sarl, 2017 Term Loan B, (1 mo. LIBOR + 4.25%),
6.63%, 04/29/24 |
|
|
USD |
|
|
|
1,866 |
|
|
|
1,855,199 |
|
Valeant Pharmaceuticals International, Inc., 2018 Term Loan B, 06/02/25(o) |
|
|
|
|
|
|
2,352 |
|
|
|
2,325,869 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
7,977,462 |
|
Real Estate Management & Development 0.0% |
|
Forest City Enterprises LP, Term Loan B,
10/24/25(o) |
|
|
|
|
|
|
527 |
|
|
|
527,659 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Software 2.8% |
|
Applied Systems, Inc., 2017 2nd Lien Term Loan, (3 mo. LIBOR + 7.00%, 1.00% Floor), 9.39%,
09/19/25 |
|
|
|
|
|
|
186 |
|
|
|
186,465 |
|
BMC Software Finance, Inc., 2017 Term Loan B, (3 mo. LIBOR + 4.25%), 6.65%, 10/02/25 |
|
|
|
|
|
|
2,911 |
|
|
|
2,870,974 |
|
Cypress Intermediate Holdings III, Inc., 1.00% Floor): |
|
|
|
|
|
|
|
|
|
|
|
|
2017 1st Lien Term Loan, (1 mo. LIBOR + 3.00%), 5.35%, 04/26/24 |
|
|
|
|
|
|
758 |
|
|
|
748,115 |
|
2017 2nd Lien Term Loan, (1 mo. LIBOR + 6.75%, 9.09%, 04/27/25 |
|
|
|
|
|
|
212 |
|
|
|
211,646 |
|
Digicel International Finance Ltd., 2017 Term Loan B, (3 mo. LIBOR + 3.25%),
5.96%, 05/28/24 |
|
|
|
|
|
|
306 |
|
|
|
286,198 |
|
Financial & Risk US Holdings, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
2018 EUR Term Loan, (EURIBOR + 4.00%), 4.00%, 10/01/25 |
|
|
EUR |
|
|
|
1,294 |
|
|
|
1,458,580 |
|
2018 USD Term Loan, 10/01/25(o) |
|
|
USD |
|
|
|
19,839 |
|
|
|
19,304,141 |
|
Infor (US), Inc., Term Loan B6, 02/01/22(o) |
|
|
|
|
|
|
311 |
|
|
|
306,125 |
|
Kronos, Inc., 2nd Lien Term Loan, (3 mo. LIBOR + 8.25%, 1.00% Floor), 10.79%, 11/01/24 |
|
|
|
|
|
|
3,635 |
|
|
|
3,647,003 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
|
|
Par (000) |
|
|
Value |
|
Software (continued) |
|
McAfee LLC, 2018 USD Term Loan B, (2 mo. LIBOR + 3.75%), 6.10%, 09/30/24 |
|
|
USD |
|
|
|
1,761 |
|
|
$ |
1,754,827 |
|
Mitchell International, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
2017 1st Lien Term Loan, 11/29/24(o) |
|
|
|
|
|
|
1,262 |
|
|
|
1,241,694 |
|
2017 2nd Lien Term Loan, (1 mo. LIBOR + 7.25%), 9.59%, 12/01/25 |
|
|
|
|
|
|
920 |
|
|
|
915,400 |
|
PowerSchool, 2018 Term Loan B, (1 mo. LIBOR + 3.25%), 5.56%, 08/01/25 |
|
|
|
|
|
|
448 |
|
|
|
440,160 |
|
Renaissance Learning, Inc., 2018 Add On Term Loan, (1 mo. LIBOR + 3.25%), 5.59%, 05/30/25 |
|
|
|
|
|
|
722 |
|
|
|
710,909 |
|
SS&C Technologies Holdings Europe Sarl, 2018 Term Loan B4, (1 mo. LIBOR + 2.25%),
4.59%, 04/16/25 |
|
|
|
|
|
|
775 |
|
|
|
755,299 |
|
SS&C Technologies, Inc.: |
|
|
|
|
|
|
|
|
|
|
|
|
2018 Term Loan B3, (1 mo. LIBOR + 2.25%), 4.59%, 04/16/25 |
|
|
|
|
|
|
2,212 |
|
|
|
2,156,664 |
|
2018 Term Loan B5, 04/16/25(o) |
|
|
|
|
|
|
1,377 |
|
|
|
1,339,559 |
|
Tempo Acquisition LLC, Term Loan, (1 mo. LIBOR + 3.00%), 5.34%, 05/01/24 |
|
|
|
|
|
|
638 |
|
|
|
631,647 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
38,965,406 |
|
Specialty Retail 0.1% |
|
Belron Finance US LLC, Term Loan B, (3 mo. LIBOR + 2.25%), 4.84%, 11/07/24 |
|
|
|
|
|
|
792 |
|
|
|
783,105 |
|
CD&R Firefly Bidco Ltd., 2018 Term Loan B1, (LIBOR - GBP + 4.50%), 5.32%, 06/23/25 |
|
|
GBP |
|
|
|
1,000 |
|
|
|
1,259,125 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,042,230 |
|
Textiles, Apparel & Luxury Goods 0.4% |
|
Ascend Performance Materials Operations LLC, Term Loan B, (3 mo. LIBOR + 5.25%, 1.00% Floor),
7.64%, 08/12/22 |
|
|
USD |
|
|
|
5,228 |
|
|
|
5,227,891 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Trading Companies & Distributors 0.1% |
|
Beacon Roofing Supply, Inc., 2017 Term Loan B, (1 mo. LIBOR + 2.25%), 4.57%, 01/02/25 |
|
|
|
|
|
|
854 |
|
|
|
829,166 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Transportation 0.0% |
|
Direct ChassisLink, Inc., 2017 2nd Lien Term Loan, (3 mo. LIBOR + 6.00%), 8.53%, 06/15/23(b) |
|
|
|
|
|
|
162 |
|
|
|
163,001 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
|
|
Par (000) |
|
|
Value |
|
|
Utilities 0.0% |
|
ExGen Renewables IV LLC, Term Loan B, (3 mo. LIBOR + 3.00%, 1.00% Floor), 5.71%, 11/28/24(b) |
|
|
USD |
|
|
|
501 |
|
|
$ |
476,080 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Wireless Telecommunication Services 0.5% |
|
Ligado Networks LLC, 2015 2nd Lien Term Loan, 0.00%, 12/07/20 |
|
|
|
|
|
|
29,094 |
|
|
|
5,471,349 |
|
Xplornet Communications, Inc., Term Loan B, (3 mo. LIBOR + 4.00%, 1.00% Floor), 6.39%, 09/09/21(b) |
|
|
|
|
|
|
1,860 |
|
|
|
1,855,295 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
7,326,644 |
|
|
|
|
Total Floating Rate Loan Interests 19.1% (Cost $291,464,321) |
|
|
|
|
|
|
|
265,429,937 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares |
|
|
|
|
|
Investment Companies 0.2% |
|
|
|
|
|
Energy Equipment & Services 0.2% |
|
|
|
|
|
|
|
|
|
SPDR S&P Oil & Gas Exploration & Production ETF |
|
|
|
|
|
|
79,711 |
|
|
|
2,615,318 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Investment Companies 0.2% (Cost $3,090,856) |
|
|
|
|
|
|
|
|
|
|
2,615,318 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Beneficial
Interest (000) |
|
|
|
|
|
|
|
|
Other Interests(p) 0.0% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
United States 0.0% |
|
|
|
|
|
|
|
|
|
Lear Corp. Escrow(b) |
|
|
|
|
|
|
1,250 |
|
|
|
12 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Other Interests 0.0% (Cost $) |
|
|
|
|
|
|
|
12 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Par (000) |
|
|
|
|
|
Preferred Securities 5.2% |
|
|
|
|
|
Capital Trusts 4.4% |
|
|
|
|
|
|
|
|
|
|
Banks 0.7% |
|
ABN AMRO Bank NV:(k) |
|
|
|
|
|
|
|
|
|
|
|
|
4.75%(f) |
|
|
EUR |
|
|
|
200 |
|
|
|
203,735 |
|
5.75%(i) |
|
|
|
|
|
|
500 |
|
|
|
585,154 |
|
Allied Irish Banks PLC, 7.38%(i)(k) |
|
|
|
|
|
|
210 |
|
|
|
249,426 |
|
Banco Bilbao Vizcaya Argentaria
SA, 8.88%(i)(k) |
|
|
|
|
|
|
200 |
|
|
|
246,628 |
|
Banco de Sabadell SA, 6.50%(i)(k) |
|
|
|
|
|
|
200 |
|
|
|
207,993 |
|
Bankia SA,(k) |
|
|
|
|
|
|
|
|
|
|
|
|
6.00%(i) |
|
|
|
|
|
|
200 |
|
|
|
216,928 |
|
6.38%(f) |
|
|
|
|
|
|
200 |
|
|
|
216,073 |
|
CaixaBank SA,(k) |
|
|
|
|
|
|
|
|
|
|
|
|
5.25%(f) |
|
|
|
|
|
|
200 |
|
|
|
196,985 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
|
|
Par (000) |
|
|
Value |
|
|
Banks (continued) |
|
(5 year EUR Swap + 6.50%),6.75%(i) |
|
|
EUR |
|
|
|
200 |
|
|
$ |
234,621 |
|
CIT Group, Inc., Series A, 5.80%(i)(k) |
|
|
USD |
|
|
|
1,647 |
|
|
|
1,584,282 |
|
Cooperative Rabobank UA,(i)(k) |
|
|
|
|
|
|
|
|
|
|
|
|
5.50% |
|
|
EUR |
|
|
|
200 |
|
|
|
233,496 |
|
6.63% |
|
|
|
|
|
|
400 |
|
|
|
493,913 |
|
Danske Bank A/S, 5.75%(i)(k) |
|
|
|
|
|
|
200 |
|
|
|
220,193 |
|
Erste Group Bank AG, 6.50%(i)(k) |
|
|
|
|
|
|
400 |
|
|
|
469,514 |
|
Hongkong & Shanghai Banking Corp. Ltd., Series 3H, 2.75%(d)(k) |
|
|
USD |
|
|
|
400 |
|
|
|
285,256 |
|
HSBC Holdings PLC, 6.38%(i)(k) |
|
|
|
|
|
|
210 |
|
|
|
200,550 |
|
Intesa Sanpaolo SpA, 7.00%(i)(k) |
|
|
EUR |
|
|
|
375 |
|
|
|
420,292 |
|
KBC Group NV, 5.63%(i)(k) |
|
|
|
|
|
|
200 |
|
|
|
225,983 |
|
National Westminster Bank PLC, Series C,
2.99%(f)(k) |
|
|
USD |
|
|
|
200 |
|
|
|
152,000 |
|
Swedbank AB, 6.00%(i)(k) |
|
|
|
|
|
|
200 |
|
|
|
192,047 |
|
Wells Fargo & Co.,(i)(k) |
|
|
|
|
|
|
|
|
|
|
|
|
Series S, 5.90% |
|
|
|
|
|
|
1,730 |
|
|
|
1,726,194 |
|
Series U, 5.88% |
|
|
|
|
|
|
1,115 |
|
|
|
1,135,650 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
9,696,913 |
|
|
Capital Markets 0.5% |
|
Goldman Sachs Group, Inc., Series P,
5.00%(f)(k) |
|
|
|
|
|
|
1,517 |
|
|
|
1,334,960 |
|
Morgan Stanley,(i)(k) |
|
|
|
|
|
|
|
|
|
|
|
|
Series H, 5.45% |
|
|
|
|
|
|
3,309 |
|
|
|
3,310,654 |
|
Series J, 5.55% |
|
|
|
|
|
|
440 |
|
|
|
443,850 |
|
UBS Group Funding Switzerland AG,(i)(k) |
|
|
|
|
|
|
|
|
|
|
|
|
5.75% |
|
|
EUR |
|
|
|
800 |
|
|
|
970,076 |
|
7.00% |
|
|
USD |
|
|
|
425 |
|
|
|
436,688 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6,496,228 |
|
|
Chemicals 0.1% |
|
Solvay Finance SA, 5.12%(i)(k) |
|
|
EUR |
|
|
|
730 |
|
|
|
876,070 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Diversified Financial Services 2.7% |
|
|
|
|
|
|
|
|
|
ATF Netherlands BV, 3.75%(i)(k) |
|
|
|
|
|
|
200 |
|
|
|
210,406 |
|
Banco Santander SA:(k) |
|
|
|
|
|
|
|
|
|
|
|
|
4.75%(f) |
|
|
|
|
|
|
200 |
|
|
|
183,920 |
|
6.25%(i) |
|
|
|
|
|
|
400 |
|
|
|
432,462 |
|
6.75%(i) |
|
|
|
|
|
|
300 |
|
|
|
349,819 |
|
Bank of America Corp.:(i)(k) |
|
|
|
|
|
|
|
|
|
|
|
|
Series AA, 6.10% |
|
|
USD |
|
|
|
7,807 |
|
|
|
7,929,336 |
|
Series V, 5.13% |
|
|
|
|
|
|
2,205 |
|
|
|
2,194,195 |
|
Series X, 6.25% |
|
|
|
|
|
|
2,874 |
|
|
|
2,938,665 |
|
Series Z, 6.50% |
|
|
|
|
|
|
1,816 |
|
|
|
1,897,720 |
|
BNP Paribas SA, 6.13%(i)(k) |
|
|
EUR |
|
|
|
620 |
|
|
|
740,823 |
|
Credit Agricole SA, 6.50%(i)(k) |
|
|
|
|
|
|
600 |
|
|
|
705,833 |
|
Credit Suisse Group AG, 6.25%(i)(k) |
|
|
USD |
|
|
|
300 |
|
|
|
285,237 |
|
HBOS Capital Funding LP, 6.85%(k) |
|
|
|
|
|
|
800 |
|
|
|
798,000 |
|
HSBC Holdings PLC,(k) |
|
|
|
|
|
|
|
|
|
|
|
|
5.25%(i) |
|
|
EUR |
|
|
|
200 |
|
|
|
227,439 |
|
6.00%(i) |
|
|
USD |
|
|
|
2,298 |
|
|
|
2,091,180 |
|
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Par
(000) |
|
|
Value |
|
Diversified Financial Services (continued) |
|
JPMorgan Chase & Co.,(i)(k) |
|
|
|
|
|
|
|
|
|
|
|
|
Series Q, 5.15% |
|
|
USD |
|
|
|
850 |
|
|
$ |
821,270 |
|
Series S, 6.75% |
|
|
|
|
|
|
5,324 |
|
|
|
5,631,461 |
|
Series U, 6.13% |
|
|
|
|
|
|
4,228 |
|
|
|
4,296,705 |
|
Series V, 5.00% |
|
|
|
|
|
|
3,075 |
|
|
|
3,064,545 |
|
Series X, 6.10% |
|
|
|
|
|
|
640 |
|
|
|
648,000 |
|
Royal Bank of Scotland Group PLC,
8.63%(i)(k) |
|
|
|
|
|
|
607 |
|
|
|
625,210 |
|
UBS Group Funding Switzerland AG,
5.00%(f)(k) |
|
|
|
|
|
|
375 |
|
|
|
310,781 |
|
UniCredit SpA,(i)(k) |
|
|
|
|
|
|
|
|
|
|
|
|
6.75% |
|
|
EUR |
|
|
|
200 |
|
|
|
206,042 |
|
9.25% |
|
|
|
|
|
|
425 |
|
|
|
502,794 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
37,091,843 |
|
Diversified Telecommunication Services 0.2% |
|
Koninklijke KPN NV, 6.88%, 03/14/73(i) |
|
|
GBP |
|
|
|
230 |
|
|
|
305,255 |
|
Telefonica Europe BV,(i)(k) |
|
|
|
|
|
|
|
|
|
|
|
|
2.63%(f) |
|
|
EUR |
|
|
|
300 |
|
|
|
312,453 |
|
3.75% |
|
|
|
|
|
|
200 |
|
|
|
226,714 |
|
4.20% |
|
|
|
|
|
|
1,500 |
|
|
|
1,733,961 |
|
5.88% |
|
|
|
|
|
|
200 |
|
|
|
242,274 |
|
6.75% |
|
|
GBP |
|
|
|
200 |
|
|
|
269,555 |
|
7.63% |
|
|
EUR |
|
|
|
300 |
|
|
|
385,980 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3,476,192 |
|
Electric Utilities 0.1% |
|
Origin Energy Finance Ltd., 4.00%, 09/16/74(i) |
|
|
|
|
|
|
410 |
|
|
|
469,708 |
|
RWE AG, 2.75%, 04/21/75(i) |
|
|
|
|
|
|
300 |
|
|
|
338,781 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
808,489 |
|
Electronic Equipment, Instruments & Components 0.0% |
|
Belden, Inc., 4.13%, 10/15/26 |
|
|
200 |
|
|
227,951 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Insurance 0.0% |
|
Caisse Nationale de Reassurance Mutuelle Agricole Groupama, 6.38%(i)(k) |
|
|
|
|
|
|
200 |
|
|
|
238,868 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Media 0.0% |
|
NBCUniversal Enterprise, Inc., 5.25%(e)(k) |
|
|
USD |
|
|
|
400 |
|
|
|
405,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Oil, Gas & Consumable Fuels 0.1% |
|
Naturgy Finance BV,(k) |
|
|
|
|
|
|
|
|
|
|
|
|
3.38%(f) |
|
|
EUR |
|
|
|
500 |
|
|
|
550,529 |
|
4.13%(i) |
|
|
|
|
|
|
100 |
|
|
|
116,322 |
|
Repsol International Finance BV,(i) |
|
|
|
|
|
|
|
|
|
|
|
|
3.88%(k) |
|
|
|
|
|
|
300 |
|
|
|
344,724 |
|
4.50% |
|
|
|
|
|
|
678 |
|
|
|
777,811 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,789,386 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Par
(000) |
|
|
Value |
|
Real Estate 0.0% |
|
AT Securities BV, 5.25%(i)(k) |
|
|
USD |
|
|
|
500 |
|
|
$ |
433,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Capital Trusts 4.4% (Cost $62,363,907) |
|
|
|
61,539,940 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares |
|
|
|
|
Preferred Stocks 0.3% |
|
|
Auto Components 0.2% |
|
UCI International, Inc., 0.00%(b) |
|
|
|
|
|
|
164,729 |
|
|
|
3,212,216 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Diversified Financial Services 0.0% |
|
Concrete Investments II, 0.00%(b) |
|
|
|
|
|
|
4,997 |
|
|
|
89,099 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Machinery 0.1% |
|
Rexnord Corp., Series A, 5.75%(l) |
|
|
|
|
|
|
15,537 |
|
|
|
926,471 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Wireless Telecommunication Services 0.0% |
|
CF-B L2 (D) LLC, (Aquired 04/08/15, cost $649,293), 0.00%(q) |
|
|
|
|
|
|
663,678 |
|
|
|
200,696 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Preferred Stocks 0.3% (Cost $8,984,452) |
|
|
|
4,428,482 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Trust Preferred 0.5% |
|
|
Diversified Financial Services 0.5% |
|
GMAC Capital Trust I, Series 2, 8.40%,
2/15/40(i) |
|
|
|
|
|
|
256,246 |
|
|
|
6,534,273 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Trust Preferreds 0.5% (Cost $6,729,957) |
|
|
|
6,534,273 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Preferred Securities 5.2% (Cost $78,078,316) |
|
|
|
72,502,695 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrants 0.0% |
|
|
Metals & Mining 0.0% |
|
Peninsula Energy Ltd. (Expires 12/31/18), (1 Share for 1 Warrant, Expires 12/31/18, Strike Price AUD
0.05) |
|
|
|
|
|
|
515,378 |
|
|
|
377 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Software 0.0% |
|
HMH Holdings/EduMedia (Issued/exercisable 03/09/10, 19 Shares for 1 Warrant, Expires 06/22/19, Strike Price
$42.27)(b) |
|
|
|
|
|
|
6,494 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Warrants 0.0% (Cost $65) |
|
|
|
377 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Long-Term Investments 143.4% (Cost $2,113,641,633) |
|
|
|
1,993,835,713 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Security |
|
|
Shares |
|
|
Value |
|
Short-Term Securities 0.1% |
|
BlackRock Liquidity Funds, T-Fund, Institutional Class, 2.12%(r)(s) |
|
|
|
|
|
|
1,451,224 |
|
|
$ |
1,451,224 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Short-Term Securities 0.1% (Cost $1,451,224) |
|
|
|
1,451,224 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Options Purchased 0.0% (Cost $953,384) |
|
|
|
460,111 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Value |
|
Total Investments Before Options Written 143.5% (Cost
$2,116,046,241) |
|
$ |
1,995,747,048 |
|
|
|
|
|
|
|
|
|
|
Options Written (0.0)% (Premiums Received $515,277) |
|
|
(273,329 |
) |
|
|
|
|
|
|
|
|
|
|
|
Total Investments, Net of Options Written 143.5% (Cost
$2,115,530,964) |
|
|
1,995,473,719 |
|
Liabilities in Excess of Other Assets (43.5)% |
|
|
(604,939,065 |
) |
|
|
|
|
|
|
|
|
|
Net Assets Applicable to Common Shares 100.0% |
|
$ |
1,390,534,654 |
|
|
|
|
|
|
|
|
|
|
(a) |
Non-income producing security. |
(b) |
Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
|
(c) |
All or a portion of the security is held by a wholly-owned subsidiary. |
(d) |
Variable rate security. Rate shown is the rate in effect as of period end. |
(e) |
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. |
(f) |
Variable or floating rate security, which interest rate adjusts periodically based on changes in current interest rates
and prepayments on the underlying pool of assets. Rate shown is the rate in effect as of period end. |
(g) |
When-issued security. |
(h) |
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. |
(i) |
Variable rate security. Security may be issued at a fixed coupon rate, which converts to a variable rate at a specified
date. Rate shown is the rate in effect as of period end. |
(j) |
Issuer filed for bankruptcy and/or is in default. |
(k) |
Perpetual security with no stated maturity date. |
(l) |
Convertible security. |
(m) |
Step-up bond that pays an initial coupon rate for the first period and then a
higher coupon rate for the following periods. Rate as of period end. |
(o) |
Represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior
to the settlement date, including coupon rate. |
(p) |
Other interests represent beneficial interests in liquidation trusts and other reorganization or private entities.
|
(q) |
Restricted security as to resale, excluding 144A securities. As of period end, the Trust held restricted securities with a
current value of $200,696 and an original cost of $649,293 which was less than 0.05% of its net assets. |
(r) |
Annualized 7-day yield as of period end. |
(s) |
During the period ended November 30, 2018, investments in issuers considered to be an affiliate of the Trust for
purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Affiliate |
|
Shares Held at
08/31/18 |
|
|
Net Activity |
|
|
Shares Held at 11/30/18 |
|
|
Value at 11/30/18 |
|
|
Income |
|
|
Net
Realized Gain (Loss)(a) |
|
|
Change in Unrealized Appreciation (Depreciation) |
|
BlackRock Liquidity Funds, T-Fund, Institutional Class |
|
|
|
|
|
|
1,451,224 |
|
|
|
1,451,224 |
|
|
$ |
1,451,224 |
|
|
$ |
21,953 |
|
|
$ |
|
|
|
$ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(a) |
Includes net capital gain distributions, if applicable. |
|
For Trust compliance purposes, the Trusts industry classifications refer to one or more of the industry 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 industry sub-classifications for reporting ease.
Portfolio Abbreviations
AUD Australian Dollar
CAD Canadian Dollar
CLO Collateralized Loan Obligation
ETF Exchange-Traded Fund
EUR Euro
GBP British Pound
LIBOR London Interbank Offered Rate
MSCI Morgan Stanley Capital
International
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT) |
Portfolio Abbreviations (continued)
OTC Over-the-Counter
CR Custodian Receipt
CRC Costa Rican Colon
PIK Payment-In-Kind
S&P S&P Global Ratings
SPDR Standard & Poors
Depository Receipts
USD United States Dollar
Derivative Financial
Instruments Outstanding as of Period End
Futures Contracts
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Description |
|
Number of Contracts |
|
|
Expiration Date |
|
|
Notional Amount (000) |
|
|
Value / Unrealized Appreciation (Depreciation) |
|
Long Contracts: |
|
Euro Stoxx 50 Index |
|
|
5 |
|
|
|
12/21/18 |
|
|
$ |
179 |
|
|
$ |
(8,898 |
) |
Euro Stoxx 600 Index |
|
|
9 |
|
|
|
12/21/18 |
|
|
|
73 |
|
|
|
(6,515 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(15,413 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Short Contracts: |
|
EURO-BOBL Future |
|
|
5 |
|
|
|
12/06/18 |
|
|
|
747 |
|
|
$ |
(2,212 |
) |
Euro Bund |
|
|
6 |
|
|
|
12/06/18 |
|
|
|
1,097 |
|
|
|
(7,907 |
) |
Long Gilt Future |
|
|
3 |
|
|
|
03/27/19 |
|
|
|
469 |
|
|
|
(2,296 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(12,415 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
(27,828 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Forward Foreign Currency Exchange Contracts
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Currency Purchased |
|
|
Currency Sold |
|
|
Counterparty |
|
Settlement Date |
|
|
Unrealized Appreciation (Depreciation) |
|
AUD |
|
|
957,000 |
|
|
USD |
|
|
698,489 |
|
|
National Australia Bank Ltd. |
|
|
12/05/18 |
|
|
$ |
995 |
|
CAD |
|
|
1,024,000 |
|
|
USD |
|
|
769,451 |
|
|
Morgan Stanley & Co. International PLC |
|
|
12/05/18 |
|
|
|
1,287 |
|
USD |
|
|
780,418 |
|
|
CAD |
|
|
1,024,000 |
|
|
Natwest Markets PLC |
|
|
12/05/18 |
|
|
|
9,680 |
|
USD |
|
|
136,176 |
|
|
EUR |
|
|
120,000 |
|
|
BNP Paribas S.A. |
|
|
12/05/18 |
|
|
|
314 |
|
USD |
|
|
64,859 |
|
|
EUR |
|
|
57,000 |
|
|
Citibank N.A. |
|
|
12/05/18 |
|
|
|
324 |
|
USD |
|
|
107,345,358 |
|
|
EUR |
|
|
94,609,000 |
|
|
JPMorgan Chase Bank N.A. |
|
|
12/05/18 |
|
|
|
230,380 |
|
USD |
|
|
323,124 |
|
|
EUR |
|
|
283,000 |
|
|
National Australia Bank Ltd. |
|
|
12/05/18 |
|
|
|
2,715 |
|
USD |
|
|
14,639,860 |
|
|
GBP |
|
|
11,464,000 |
|
|
Barclays Bank PLC |
|
|
12/05/18 |
|
|
|
31,230 |
|
USD |
|
|
61,572 |
|
|
GBP |
|
|
48,000 |
|
|
Citibank N.A. |
|
|
12/05/18 |
|
|
|
405 |
|
USD |
|
|
106,387,186 |
|
|
EUR |
|
|
93,318,000 |
|
|
UBS AG |
|
|
02/05/19 |
|
|
|
117,044 |
|
USD |
|
|
14,577,301 |
|
|
GBP |
|
|
11,398,000 |
|
|
JPMorgan Chase Bank N.A. |
|
|
02/05/19 |
|
|
|
2,091 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
396,465 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
EUR |
|
|
1,151,000 |
|
|
USD |
|
|
1,318,154 |
|
|
Australia and New Zealand Bank Group |
|
|
12/05/18 |
|
|
|
(15,008 |
) |
EUR |
|
|
405,000 |
|
|
USD |
|
|
459,468 |
|
|
Citibank N.A. |
|
|
12/05/18 |
|
|
|
(933 |
) |
EUR |
|
|
120,000 |
|
|
USD |
|
|
136,286 |
|
|
Goldman Sachs International |
|
|
12/05/18 |
|
|
|
(424 |
) |
EUR |
|
|
93,318,000 |
|
|
USD |
|
|
105,775,953 |
|
|
UBS AG |
|
|
12/05/18 |
|
|
|
(122,627 |
) |
GBP |
|
|
11,398,000 |
|
|
USD |
|
|
14,526,751 |
|
|
JPMorgan Chase Bank N.A. |
|
|
12/05/18 |
|
|
|
(2,224 |
) |
GBP |
|
|
114,000 |
|
|
USD |
|
|
148,990 |
|
|
State Street Bank and Trust Co. |
|
|
12/05/18 |
|
|
|
(3,719 |
) |
USD |
|
|
679,747 |
|
|
AUD |
|
|
957,000 |
|
|
Natwest Markets PLC |
|
|
12/05/18 |
|
|
|
(19,737 |
) |
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT) |
Forward Foreign Currency Exchange Contracts (continued)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Currency Purchased |
|
|
Currency
Sold |
|
|
Counterparty |
|
Settlement Date |
|
|
Unrealized Appreciation (Depreciation) |
|
USD |
|
|
484,411 |
|
|
EUR |
|
|
429,000 |
|
|
Citibank N.A. |
|
|
12/05/18 |
|
|
$ |
(1,296 |
) |
USD |
|
|
164,708 |
|
|
EUR |
|
|
146,000 |
|
|
Westpac Banking Corp. |
|
|
12/05/18 |
|
|
|
(591 |
) |
USD |
|
|
488,350 |
|
|
EUR |
|
|
433,000 |
|
|
Westpac Banking Corp. |
|
|
12/05/18 |
|
|
|
(1,887 |
) |
USD |
|
|
699,223 |
|
|
AUD |
|
|
957,000 |
|
|
National Australia Bank Ltd. |
|
|
02/05/19 |
|
|
|
(1,007 |
) |
USD |
|
|
770,603 |
|
|
CAD |
|
|
1,024,000 |
|
|
Morgan Stanley & Co.
International PLC |
|
|
02/05/19 |
|
|
|
(1,310 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(170,763 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Unrealized Appreciation |
|
|
|
|
|
|
|
|
$ |
225,702 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Exchange-Traded Options Purchased
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Description |
|
|
Number of Contracts |
|
|
Expiration Date |
|
Exercise Price |
|
|
Notional
Amount (000) |
|
|
Value |
|
Call |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
iShares Russell 2000 |
|
|
|
5,582 |
|
|
12/21/18 |
|
|
USD |
|
|
|
|
|
169.00 |
|
|
|
USD |
|
|
|
852 |
|
|
$ |
19,537 |
|
Put |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SPDR S&P 500 ETF Trust |
|
|
|
4,792 |
|
|
12/07/18 |
|
|
USD |
|
|
|
|
|
268.00 |
|
|
|
USD |
|
|
|
1,321 |
|
|
|
431,280 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
450,817 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
OTC Options Purchased
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Description |
|
Counterparty |
|
Number of Contracts |
|
|
Expiration Date |
|
|
Exercise Price |
|
|
Notional Amount (000) |
|
|
Value |
|
Call |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Marsico Parent Superholdco LLC |
|
Goldman Sachs & Co. |
|
|
39 |
|
|
|
12/14/19 |
|
|
|
USD |
|
|
|
942.86 |
|
|
|
USD |
|
|
|
|
|
|
$ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
OTC Credit Default Swaptions Purchased
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Paid by the Trust |
|
Received by the Trust |
|
Counterparty |
|
Expiration Date |
|
|
Exercise Rate |
|
|
Notional Amount (000) |
|
|
Value |
|
Description |
|
Rate |
|
|
Frequency |
|
Rate |
|
|
Frequency |
Call |
|
|
|
|
5-Year Interest Rate Swap, 12/20/23 |
|
$ |
106.00 |
|
|
Quarterly |
|
|
3-Month LIBOR, 2.74 |
% |
|
Quarterly |
|
Bank of America N.A. |
|
|
12/19/18 |
|
|
$ |
106.00 |
|
|
|
USD 25,000 |
|
|
$ |
9,294 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Exchange-Traded Options Written
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Description |
|
Number of Contracts |
|
|
Expiration Date |
|
|
Exercise Price |
|
|
Notional Amount (000) |
|
|
Value |
|
Call |
|
iShares Russell 2000 |
|
|
5,582 |
|
|
|
12/21/18 |
|
|
USD |
|
|
173.00 |
|
|
USD |
|
|
852 |
|
|
$ |
(11,164 |
) |
Put |
|
SPDR S&P 500 ETF Trust |
|
|
4,792 |
|
|
|
12/07/18 |
|
|
USD |
|
|
265.00 |
|
|
USD |
|
|
1,321 |
|
|
|
(253,976 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
(265,140 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT) |
OTC Credit Default Swaptions Written
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Description |
|
Paid by the Trust |
|
Received by the Trust |
|
Counterparty |
|
Expiration Date |
|
|
Exercise Rate |
|
|
Notional Amount(000) |
|
Value |
|
|
Rate |
|
|
Frequency |
|
Rate |
|
|
Frequency |
Put |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5-Year Interest Rate Swap, 12/20/23 |
|
$ |
99.00 |
|
|
Quarterly |
|
|
3-Month LIBOR, 2.74 |
% |
|
Quarterly |
|
Bank of America N.A. |
|
|
12/19/18 |
|
|
$ |
99.00 |
|
|
USD 25,000 |
|
$ |
(8,189 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Centrally Cleared Credit Default Swaps Sell Protection
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Reference Obligation/Index |
|
Financing
Rate Received by the Trust |
|
|
Payment Frequency |
|
|
Termination Date |
|
|
Credit Rating (a) |
|
|
Notional Amount (000) (b) |
|
|
Value |
|
|
Upfront Premium Paid (Received) |
|
|
Unrealized Appreciation (Depreciation) |
|
CDX.NA.HY.31.V1 |
|
|
5.00 |
% |
|
|
Quarterly |
|
|
|
12/20/23 |
|
|
|
B+ |
|
|
|
USD |
|
|
|
45,252 |
|
|
$ |
2,500,570 |
|
|
$ |
2,059,497 |
|
|
$ |
441,073 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(a) |
Using S&P/Standard & Poors rating of the issuer or the underlying securities of the index, as
applicable. |
|
|
(b) |
The maximum potential amount the Trust may pay should a negative credit event take place as defined under the terms of the
agreement. |
|
OTC Credit Default Swaps Sell Protection
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Reference Obligation/Index |
|
Financing Rate Received by the Trust |
|
|
Payment Frequency |
|
Counterparty |
|
Termination Date |
|
Credit Rating (a) |
|
Notional Amount (000) (b) |
|
|
Value |
|
|
Upfront Premium Paid (Received) |
|
|
Unrealized Appreciation (Depreciation) |
|
Casino Guichard Perrachon SA |
|
|
1.00 |
% |
|
Quarterly |
|
JPMorgan Chase Bank N.A. |
|
12/20/22 |
|
BB |
|
|
EUR |
|
|
|
150 |
|
|
$ |
(26,442 |
) |
|
$ |
(5,362 |
) |
|
$ |
(21,080 |
) |
Telecom Italia SpA/Milano |
|
|
1.00 |
|
|
Quarterly |
|
Citibank N.A. |
|
12/20/22 |
|
BB+ |
|
|
EUR |
|
|
|
170 |
|
|
|
(12,130 |
) |
|
|
(2,899 |
) |
|
|
(9,231 |
) |
Casino Guichard Perrachon SA |
|
|
1.00 |
|
|
Quarterly |
|
JPMorgan Chase Bank N.A. |
|
06/20/23 |
|
BB |
|
|
EUR |
|
|
|
90 |
|
|
|
(17,884 |
) |
|
|
(8,321 |
) |
|
|
(9,563 |
) |
Casino Guichard Perrachon SA |
|
|
1.00 |
|
|
Quarterly |
|
Goldman Sachs International |
|
06/20/23 |
|
BB |
|
|
EUR |
|
|
|
80 |
|
|
|
(15,896 |
) |
|
|
(7,553 |
) |
|
|
(8,343 |
) |
Casino Guichard Perrachon SA |
|
|
1.00 |
|
|
Quarterly |
|
Bank of America N.A. |
|
06/20/23 |
|
BB |
|
|
EUR |
|
|
|
62 |
|
|
|
(12,253 |
) |
|
|
(8,812 |
) |
|
|
(3,441 |
) |
Casino Guichard Perrachon SA |
|
|
1.00 |
|
|
Quarterly |
|
Citibank N.A. |
|
06/20/23 |
|
BB |
|
|
EUR |
|
|
|
138 |
|
|
|
(27,488 |
) |
|
|
(18,641 |
) |
|
|
(8,847 |
) |
Casino Guichard Perrachon SA |
|
|
1.00 |
|
|
Quarterly |
|
JPMorgan Chase Bank N.A. |
|
06/20/23 |
|
BB |
|
|
EUR |
|
|
|
36 |
|
|
|
(7,210 |
) |
|
|
(4,439 |
) |
|
|
(2,771 |
) |
Casino Guichard Perrachon SA |
|
|
1.00 |
|
|
Quarterly |
|
Citibank N.A. |
|
06/20/23 |
|
BB |
|
|
EUR |
|
|
|
60 |
|
|
|
(12,005 |
) |
|
|
(7,896 |
) |
|
|
(4,109 |
) |
Casino Guichard Perrachon SA |
|
|
1.00 |
|
|
Quarterly |
|
JPMorgan Chase Bank N.A. |
|
06/20/23 |
|
BB |
|
|
EUR |
|
|
|
60 |
|
|
|
(12,017 |
) |
|
|
(7,905 |
) |
|
|
(4,112 |
) |
Casino Guichard Perrachon SA |
|
|
1.00 |
|
|
Quarterly |
|
JPMorgan Chase Bank N.A. |
|
06/20/23 |
|
BB |
|
|
EUR |
|
|
|
24 |
|
|
|
(4,807 |
) |
|
|
(2,960 |
) |
|
|
(1,847 |
) |
Casino Guichard Perrachon SA |
|
|
1.00 |
|
|
Quarterly |
|
Barclays Bank PLC |
|
06/20/23 |
|
BB |
|
|
EUR |
|
|
|
226 |
|
|
|
(44,888 |
) |
|
|
(26,569 |
) |
|
|
(18,319 |
) |
Casino Guichard Perrachon SA |
|
|
1.00 |
|
|
Quarterly |
|
Barclays Bank PLC |
|
06/20/23 |
|
BB |
|
|
EUR |
|
|
|
124 |
|
|
|
(24,659 |
) |
|
|
(15,036 |
) |
|
|
(9,623 |
) |
Garfunkelux Holdco 2 SA |
|
|
5.00 |
|
|
Quarterly |
|
Credit Suisse International |
|
06/20/23 |
|
B- |
|
|
EUR |
|
|
|
200 |
|
|
|
(34,591 |
) |
|
|
2,504 |
|
|
|
(37,095 |
) |
Intesa Sanpaolo SpA |
|
|
1.00 |
|
|
Quarterly |
|
Citibank N.A. |
|
06/20/23 |
|
BB+ |
|
|
EUR |
|
|
|
290 |
|
|
|
(13,380 |
) |
|
|
(12,868 |
) |
|
|
(512 |
) |
Intrum Justitia AB |
|
|
5.00 |
|
|
Quarterly |
|
Credit Suisse International |
|
06/20/23 |
|
BB+ |
|
|
EUR |
|
|
|
110 |
|
|
|
5,976 |
|
|
|
10,237 |
|
|
|
(4,261 |
) |
Intrum Justitia AB |
|
|
5.00 |
|
|
Quarterly |
|
Credit Suisse International |
|
06/20/23 |
|
BB+ |
|
|
EUR |
|
|
|
150 |
|
|
|
8,149 |
|
|
|
14,784 |
|
|
|
(6,635 |
) |
Intrum Justitia AB |
|
|
5.00 |
|
|
Quarterly |
|
Morgan Stanley & Co. International PLC |
|
06/20/23 |
|
BB+ |
|
|
EUR |
|
|
|
200 |
|
|
|
10,865 |
|
|
|
21,457 |
|
|
|
(10,592 |
) |
Intrum Justitia AB |
|
|
5.00 |
|
|
Quarterly |
|
Credit Suisse International |
|
06/20/23 |
|
BB+ |
|
|
EUR |
|
|
|
39 |
|
|
|
2,111 |
|
|
|
4,278 |
|
|
|
(2,167 |
) |
Intrum Justitia AB |
|
|
5.00 |
|
|
Quarterly |
|
Morgan Stanley & Co. International PLC |
|
06/20/23 |
|
BB+ |
|
|
EUR |
|
|
|
131 |
|
|
|
7,124 |
|
|
|
14,422 |
|
|
|
(7,298 |
) |
Intrum Justitia AB |
|
|
5.00 |
|
|
Quarterly |
|
Citibank N.A. |
|
06/20/23 |
|
BB+ |
|
|
EUR |
|
|
|
56 |
|
|
|
3,040 |
|
|
|
2,597 |
|
|
|
443 |
|
Intrum Justitia AB |
|
|
5.00 |
|
|
Quarterly |
|
Citibank N.A. |
|
06/20/23 |
|
BB+ |
|
|
EUR |
|
|
|
124 |
|
|
|
6,739 |
|
|
|
5,751 |
|
|
|
988 |
|
Intrum Justitia AB |
|
|
5.00 |
|
|
Quarterly |
|
JPMorgan Chase Bank N.A. |
|
06/20/23 |
|
BB+ |
|
|
EUR |
|
|
|
220 |
|
|
|
11,952 |
|
|
|
10,174 |
|
|
|
1,778 |
|
Thomas Cook Finance 2 PLC |
|
|
5.00 |
|
|
Quarterly |
|
Goldman Sachs International |
|
06/20/23 |
|
B+ |
|
|
EUR |
|
|
|
97 |
|
|
|
(9,924 |
) |
|
|
11,879 |
|
|
|
(21,803 |
) |
Thomas Cook Finance 2 PLC |
|
|
5.00 |
|
|
Quarterly |
|
Citibank N.A. |
|
06/20/23 |
|
B+ |
|
|
EUR |
|
|
|
53 |
|
|
|
(5,359 |
) |
|
|
6,565 |
|
|
|
(11,924 |
) |
Thomas Cook Finance 2 PLC |
|
|
5.00 |
|
|
Quarterly |
|
Goldman Sachs International |
|
06/20/23 |
|
B+ |
|
|
EUR |
|
|
|
350 |
|
|
|
(35,661 |
) |
|
|
42,366 |
|
|
|
(78,027 |
) |
Casino Guichard Perrachon SA |
|
|
1.00 |
|
|
Quarterly |
|
Goldman Sachs International |
|
12/20/23 |
|
BB |
|
|
EUR |
|
|
|
430 |
|
|
|
(95,194 |
) |
|
|
(68,875 |
) |
|
|
(26,319 |
) |
CenturyLink, Inc. |
|
|
1.00 |
|
|
Quarterly |
|
Barclays Bank PLC |
|
12/20/23 |
|
B+ |
|
|
USD |
|
|
|
856 |
|
|
|
(106,157 |
) |
|
|
(66,504 |
) |
|
|
(39,653 |
) |
Chesapeake Energy Corp. |
|
|
5.00 |
|
|
Quarterly |
|
Barclays Bank PLC |
|
12/20/23 |
|
B- |
|
|
USD |
|
|
|
368 |
|
|
|
(13,284 |
) |
|
|
712 |
|
|
|
(13,996 |
) |
Chesapeake Energy Corp. |
|
|
5.00 |
|
|
Quarterly |
|
Barclays Bank PLC |
|
12/20/23 |
|
B- |
|
|
USD |
|
|
|
332 |
|
|
|
(11,985 |
) |
|
|
3,236 |
|
|
|
(15,221 |
) |
Garfunkelux Holdco 2 SA |
|
|
5.00 |
|
|
Quarterly |
|
JPMorgan Chase Bank N.A. |
|
12/20/23 |
|
B- |
|
|
EUR |
|
|
|
73 |
|
|
|
(13,898 |
) |
|
|
(528 |
) |
|
|
(13,370 |
) |
Garfunkelux Holdco 2 SA |
|
|
5.00 |
|
|
Quarterly |
|
Credit Suisse International |
|
12/20/23 |
|
B- |
|
|
EUR |
|
|
|
32 |
|
|
|
(6,056 |
) |
|
|
614 |
|
|
|
(6,670 |
) |
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT) |
OTC Credit Default Swaps Sell Protection (continued)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Reference Obligation/Index |
|
Financing Rate Received by the Trust |
|
|
Payment Frequency |
|
Counterparty |
|
Termination Date |
|
Credit Rating (a) |
|
Notional Amount (000) (b) |
|
|
Value |
|
|
Upfront Premium Paid (Received) |
|
|
Unrealized Appreciation (Depreciation) |
|
Garfunkelux Holdco 2 SA |
|
|
5.00 |
% |
|
Quarterly |
|
Credit Suisse International |
|
12/20/23 |
|
B- |
|
|
EUR |
|
|
|
138 |
|
|
$ |
(26,402 |
) |
|
$ |
2,681 |
|
|
$ |
(29,083 |
) |
Telecom Italia SpA/Milano |
|
|
1.00 |
|
|
Quarterly |
|
Barclays Bank PLC |
|
12/20/23 |
|
BB+ |
|
|
EUR |
|
|
|
361 |
|
|
|
(39,893 |
) |
|
|
(35,491 |
) |
|
|
(4,402 |
) |
Telecom Italia SpA/Milano |
|
|
1.00 |
|
|
Quarterly |
|
Barclays Bank PLC |
|
12/20/23 |
|
BB+ |
|
|
EUR |
|
|
|
100 |
|
|
|
(11,056 |
) |
|
|
(9,836 |
) |
|
|
(1,220 |
) |
Telecom Italia SpA/Milano |
|
|
1.00 |
|
|
Quarterly |
|
JPMorgan Chase Bank N.A. |
|
12/20/23 |
|
BB+ |
|
|
EUR |
|
|
|
239 |
|
|
|
(26,444 |
) |
|
|
(24,866 |
) |
|
|
(1,578 |
) |
Tesco PLC |
|
|
1.00 |
|
|
Quarterly |
|
Morgan Stanley & Co. International PLC |
|
12/20/23 |
|
BB+ |
|
|
EUR |
|
|
|
200 |
|
|
|
(3,058 |
) |
|
|
791 |
|
|
|
(3,849 |
) |
Vougeot Bidco PLC |
|
|
5.00 |
|
|
Quarterly |
|
Citibank N.A. |
|
12/20/23 |
|
B |
|
|
EUR |
|
|
|
46 |
|
|
|
6,001 |
|
|
|
4,654 |
|
|
|
1,347 |
|
Vougeot Bidco PLC |
|
|
5.00 |
|
|
Quarterly |
|
Citibank N.A. |
|
12/20/23 |
|
B |
|
|
EUR |
|
|
|
108 |
|
|
|
14,001 |
|
|
|
10,739 |
|
|
|
3,262 |
|
CenturyLink, Inc. |
|
|
1.00 |
|
|
Quarterly |
|
Barclays Bank PLC |
|
06/20/25 |
|
B+ |
|
|
USD |
|
|
|
1,221 |
|
|
|
(218,397 |
) |
|
|
(213,494 |
) |
|
|
(4,903 |
) |
Tesco PLC |
|
|
1.00 |
|
|
Quarterly |
|
Barclays Bank PLC |
|
12/20/25 |
|
BB+ |
|
|
EUR |
|
|
|
200 |
|
|
|
(10,948 |
) |
|
|
(6,000 |
) |
|
|
(4,948 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
(823,408 |
) |
|
$ |
(384,414 |
) |
|
$ |
(438,994 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(a) |
Using S&P/Standard & Poors rating of the issuer or the underlying securities of the index, as
applicable. |
|
|
(b) |
The maximum potential amount the Trust may pay should a negative credit event take place as defined under the terms of the
agreement. |
|
OTC Total Return Swaps
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Paid by the Trust |
|
Received by the Trust |
|
Counterparty |
|
Effective Date |
|
Termination Date |
|
|
Notional Amount (000) |
|
|
Value |
|
|
Upfront Premium Paid (Received) |
|
|
Unrealized Appreciation (Depreciation) |
|
Reference |
|
Frequency |
|
Rate |
|
|
Frequency |
iShares iBoxx $ High Yield Corporate Bond ETF |
|
Quarterly |
|
|
1-Month LIBOR minus 2.00 |
%, |
|
Quarterly |
|
Goldman Sachs International |
|
11/13/18 |
|
|
12/13/18 |
|
|
|
USD |
|
|
|
104 |
|
|
$ |
(11,534 |
) |
|
$ |
|
|
|
$ |
(11,534 |
) |
iBoxx USD Liquid High Yield Index |
|
Quarterly |
|
|
3-Month LIBOR, 2.74 |
% |
|
Quarterly |
|
JPMorgan Chase Bank N.A. |
|
02/07/18 |
|
|
12/20/18 |
|
|
|
USD |
|
|
|
4,000 |
|
|
|
(70,161 |
) |
|
|
|
|
|
|
(70,161 |
) |
iBoxx USD Liquid High Yield Index |
|
Quarterly |
|
|
3-Month LIBOR, 2.74 |
% |
|
Quarterly |
|
Goldman Sachs International |
|
09/12/18 |
|
|
12/20/18 |
|
|
|
USD |
|
|
|
9,800 |
|
|
|
(159,548 |
) |
|
|
|
|
|
|
(159,548 |
) |
iBoxx USD Liquid High Yield Index |
|
Quarterly |
|
|
3-Month LIBOR, 2.74 |
% |
|
Quarterly |
|
Goldman Sachs International |
|
06/13/18 |
|
|
12/20/18 |
|
|
|
USD |
|
|
|
3,700 |
|
|
|
(68,222 |
) |
|
|
|
|
|
|
(68,222 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
(309,465 |
) |
|
$ |
|
|
|
$ |
(309,465 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fair Value Hierarchy as of Period End
Various
inputs are used in determining the fair value of investments and derivative 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
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 marketcorroborated inputs) |
|
|
|
Level 3 Unobservable inputs based on the best information available in the circumstances, to the extent
observable inputs are not available (including the Trusts own assumptions used in determining the fair value of investments and derivative financial instruments) |
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT) |
Fair Value Hierarchy as of Period End (continued)
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 BlackRock Global Valuation Methodologies Committee (the Global 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. Level 3 investments may also be adjusted to reflect illiquidity and/or non-transferability, with the amount of such discount estimated by the Global Valuation Committee in the absence of market information.
Changes in valuation techniques may result in transfers into or out of an assigned level within the hierarchy. In accordance with the Trusts policy, transfers
between different levels of the fair value hierarchy are deemed to have occurred as of the beginning of the reporting period. The categorization of a value determined for investments and derivative financial instruments is based on the pricing
transparency of the investments and derivative financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Trusts policy regarding valuation of investments
and derivative financial instruments, refer to the Trusts most recent financial statements as contained in its annual report.
The following tables summarize
the Trusts investments and derivative financial instruments categorized in the disclosure hierarchy:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Level 1 |
|
|
Level 2 |
|
|
Level 3 |
|
|
Total |
|
Assets: |
|
Investments: |
|
Long-Term Investments: |
|
Asset-Backed Securities |
|
$ |
|
|
|
$ |
67,818,993 |
|
|
$ |
250,000 |
|
|
$ |
68,068,993 |
|
Common Stocks |
|
|
35,984,377 |
|
|
|
27 |
|
|
|
4,362,784 |
|
|
|
40,347,188 |
|
Corporate Bonds |
|
|
677,282 |
|
|
|
1,543,978,829 |
|
|
|
215,082 |
|
|
|
1,544,871,193 |
|
Floating Rate Loan Interests |
|
|
|
|
|
|
246,000,507 |
|
|
|
19,429,430 |
|
|
|
265,429,937 |
|
Investment Companies |
|
|
2,615,318 |
|
|
|
|
|
|
|
|
|
|
|
2,615,318 |
|
Other Interests |
|
|
|
|
|
|
|
|
|
|
12 |
|
|
|
12 |
|
Preferred Securities |
|
|
7,460,744 |
|
|
|
61,539,940 |
|
|
|
3,301,315 |
|
|
|
72,301,999 |
|
Warrants |
|
|
377 |
|
|
|
|
|
|
|
|
|
|
|
377 |
|
Options Purchased |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Equity contracts |
|
|
450,817 |
|
|
|
|
|
|
|
|
|
|
|
450,817 |
|
Credit contracts |
|
|
|
|
|
|
9,294 |
|
|
|
|
|
|
|
9,294 |
|
Short-Term Securities |
|
|
1,451,224 |
|
|
|
|
|
|
|
|
|
|
|
1,451,224 |
|
Liabilities: |
|
Unfunded Floating Rate Loan Interests(a) |
|
|
|
|
|
|
(1,661 |
) |
|
|
|
|
|
|
(1,661 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Subtotal |
|
$ |
48,640,139 |
|
|
$ |
1,919,345,929 |
|
|
$ |
27,558,623 |
|
|
$ |
1,995,544,691 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments Valued at NAV(b) |
|
|
|
200,696 |
|
|
|
|
|
|
|
Total Investments |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
1,995,745,387 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Derivative Financial
Instruments(c) |
|
Assets: |
|
Credit contracts |
|
$ |
|
|
|
$ |
448,891 |
|
|
$ |
|
|
|
$ |
448,891 |
|
Forward foreign currency contracts |
|
|
|
|
|
|
396,465 |
|
|
|
|
|
|
|
396,465 |
|
Interest rate contracts |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Liabilities: |
|
Credit contracts |
|
|
|
|
|
|
(455,001 |
) |
|
|
|
|
|
|
(455,001 |
) |
Equity contracts |
|
|
(280,553 |
) |
|
|
(11,534 |
) |
|
|
|
|
|
|
(292,087 |
) |
Forward foreign currency contracts |
|
|
|
|
|
|
(170,763 |
) |
|
|
|
|
|
|
(170,763 |
) |
Interest rate contracts |
|
|
(12,415 |
) |
|
|
(297,931 |
) |
|
|
|
|
|
|
(310,346 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
(292,968 |
) |
|
$ |
(89,873 |
) |
|
$ |
|
|
|
$ |
(382,841 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(a) |
Unfunded floating rate loan interests are valued at the unrealized appreciation (depreciation) on the commitment.
|
|
|
|
|
Consolidated Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock Corporate High Yield Fund, Inc. (HYT) |
|
(b) |
As of November 30, 2018, certain investments of the Trust were fair valued using net asset value (NAV)
per share as no quoted market value is available and therefore have been excluded from the fair value hierarchy. |
|
|
(c) |
Derivative financial instruments are swaps, futures contracts, forward foreign currency exchange contracts, and options
written. Swaps, futures contracts and forward foreign currency exchange contracts are valued at the unrealized appreciation (depreciation) on the instrument and options written are shown at value. |
|
During the year ended August 31, 2018, there were no transfers between Level 1 and Level 2.
The Trust may hold assets and/or liabilities in which the fair value approximates the carrying amount for financial statement purposes. As of period end, bank borrowings
payable of $603,000,000 are categorized as Level 2 within the disclosure hierarchy.
A reconciliation of Level 3 investments is presented when the Fund had
a significant amount of Level 3 investments at the beginning and/or end of the period in relation to net assets. The following table is a reconciliation of Level 3 investments for which significant unobservable inputs were used in
determining fair value:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common
Stocks |
|
|
Asset-Backed Securities |
|
|
Corporate
Bonds |
|
|
Floating Rate Loan Interests |
|
|
Other
Interests |
|
|
Preferred
Securities |
|
|
Total |
|
Assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Opening balance, as of August 31, 2018 |
|
$ |
9,168,699 |
|
|
$ |
1,000,000 |
|
|
$ |
|
|
|
$ |
14,287,373 |
|
|
$ |
12 |
|
|
$ |
94,980 |
|
|
$ |
24,551,064 |
|
Transfers into Level 3 |
|
|
|
|
|
|
|
|
|
|
302,455 |
|
|
|
7,297,691 |
|
|
|
|
|
|
|
2,697,437 |
|
|
|
10,297,583 |
|
Transfers out of Level 3 |
|
|
|
|
|
|
(1,000,000 |
) |
|
|
|
|
|
|
(1,134,164 |
) |
|
|
|
|
|
|
|
|
|
|
(2,134,164 |
) |
Accrued discounts/premiums |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(386 |
) |
|
|
|
|
|
|
|
|
|
|
(386 |
) |
Net realized gain (loss) |
|
|
|
|
|
|
|
|
|
|
81,577 |
|
|
|
15,495 |
|
|
|
|
|
|
|
|
|
|
|
97,072 |
|
Net change in unrealized
appreciation (depreciation) |
|
|
(4,805,915 |
) |
|
|
|
|
|
|
(87,373 |
) |
|
|
(213,896 |
) |
|
|
|
|
|
|
508,898 |
|
|
|
(4,598,286 |
) |
Purchases |
|
|
|
|
|
|
250,000 |
|
|
|
|
|
|
|
1,899,228 |
|
|
|
|
|
|
|
|
|
|
|
2,149,228 |
|
Sales |
|
|
|
|
|
|
|
|
|
|
(81,577 |
) |
|
|
(2,721,911 |
) |
|
|
|
|
|
|
|
|
|
|
(2,803,488 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Closing balance, as of November 30, 2018 |
|
$ |
4,362,784 |
|
|
$ |
250,000 |
|
|
$ |
215,082 |
|
|
$ |
19,429,430 |
|
|
$ |
12 |
|
|
$ |
3,301,315 |
|
|
$ |
27,558,623 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net change in unrealized appreciation (depreciation) on investments still held at November 30, 2018(a) |
|
$ |
(4,805,916 |
) |
|
$ |
|
|
|
$ |
(87,373 |
) |
|
$ |
(200,623 |
) |
|
$ |
|
|
|
$ |
508,898 |
|
|
$ |
(4,585,014 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(a) |
Any difference between net change in unrealized appreciation (depreciation) and net change in unrealized appreciation
(depreciation) on investments still held at November 30, 2018 is generally due to investments no longer held or categorized as Level 3 at period end. |
|
The Trusts 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 result in a significantly lower or higher value of such Level 3 investments.
Item 2 Controls and Procedures
2(a) |
The registrants principal executive and principal financial officers, or persons performing similar
functions, have concluded that the registrants 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 registrants internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrants last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrants 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 18, 2019
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 18, 2019
|
|
|
|
|
|
|
|
By: |
|
/s/ Neal J. Andrews |
|
|
|
|
Neal J. Andrews |
|
|
|
|
Chief Financial Officer (principal financial officer) of |
|
|
BlackRock Corporate High Yield Fund, Inc. |
Date: January 18, 2019