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 VI, Inc. (HYT)

 

Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809

 

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

 

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

 

Date of fiscal year end: 08/31/2010

 

Date of reporting period: 05/31/2010

 

Item 1 – Schedule of Investments

 

 

 

 

Schedule of Investments May 31, 2010 (Unaudited)

BlackRock Corporate High Yield Fund VI, Inc. (HYT)

 

(Percentages shown are based on Net Assets)

 

 

 

 

 

 

 

 

Common Stocks

 

Shares

 

Value

 

Auto Components — 0.3%

 

 

 

 

 

 

 

Lear Corp. (a)

 

 

14,706

 

$

995,155

 

Building Products — 0.3%

 

 

 

 

 

 

 

Masonite Worldwide Holdings (a)

 

 

24,163

 

 

1,081,294

 

Capital Markets — 0.2%

 

 

 

 

 

 

 

E*Trade Financial Corp. (a)

 

 

464,000

 

 

686,720

 

Chemicals — 0.0%

 

 

 

 

 

 

 

Wellman Holdings, Inc. (a)

 

 

2,616

 

 

131

 

Communications Equipment — 0.6%

 

 

 

 

 

 

 

Loral Space & Communications
Ltd. (a)

 

 

63,273

 

 

2,527,124

 

Construction Materials — 0.0%

 

 

 

 

 

 

 

Nortek, Inc. (a)

 

 

3,445

 

 

155,025

 

Electrical Equipment — 0.0%

 

 

 

 

 

 

 

Medis Technologies Ltd. (a)

 

 

116,910

 

 

4,676

 

SunPower Corp., Class B (a)

 

 

1,235

 

 

14,314

 

 

 

 

 

 

 

 

 

 

 

 

18,990

 

Hotels, Restaurants & Leisure — 0.0%

 

 

 

 

 

 

 

Buffets Restaurants Holdings,
Inc. (a)

 

 

1,816

 

 

11,259

 

Household Durables — 0.1%

 

 

 

 

 

 

 

Beazer Homes USA, Inc. (a)

 

 

94,000

 

 

467,180

 

Machinery — 0.1%

 

 

 

 

 

 

 

Accuride Corp. (a)

 

 

141,777

 

 

191,399

 

Media — 0.3%

 

 

 

 

 

 

 

Charter Communications, Inc. (a)

 

 

4,374

 

 

157,464

 

Gannett Co., Inc.

 

 

68,400

 

 

1,062,936

 

 

 

 

 

 

 

 

 

 

 

 

1,220,400

 

Paper & Forest Products — 0.4%

 

 

 

 

 

 

 

Ainsworth Lumber Co. Ltd. (a)

 

 

192,951

 

 

674,705

 

Ainsworth Lumber Co. Ltd. (a)(b)

 

 

221,591

 

 

774,853

 

Western Forest Products,
Inc. (a)(b)

 

 

78,039

 

 

25,212

 

 

 

 

 

 

 

 

 

 

 

 

1,474,770

 

Software — 0.4%

 

 

 

 

 

 

 

HMH Holdings/EduMedia (a)

 

 

224,420

 

 

1,402,627

 

Wireless Telecommunication
Services — 0.2%

 

 

 

 

 

 

 

FiberTower Corp. (a)

 

 

127,570

 

 

487,317

 

SBA Communications Corp.,
Class A (a)

 

 

14,205

 

 

469,191

 

 

 

 

 

 

 

 

 

 

 

 

956,508

 

Total Common Stocks – 2.9%

 

 

 

 

 

11,188,582

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate Bonds

 

Par
(000)

 

Value

 

Aerospace & Defense — 0.3%

 

 

 

 

 

 

 

Bombardier, Inc., 7.75%,
3/15/20 (b)

 

USD

300

 

$

303,750

 

Kratos Defense & Security
Solutions, Inc., 10.00%,
6/01/17 (b)

 

 

840

 

 

831,600

 

 

 

 

 

 

 

 

 

 

 

 

1,135,350

 

Airlines — 2.1%

 

 

 

 

 

 

 

American Airlines, Inc., 10.50%,
10/15/12 (b)

 

 

610

 

 

626,013

 

American Airlines Pass-Through
Trust, Series 2001-02, 7.86%,
4/01/13

 

 

510

 

 

515,100

 

Continental Airlines, Inc.:

 

 

 

 

 

 

 

Series 1997-4-B, 6.90%,
7/02/18

 

 

1,491

 

 

1,461,248

 

Series 2001-1-C, 7.03%,
12/15/12

 

 

432

 

 

427,822

 

Delta Air Lines, Inc., Series B,
9.75%, 12/17/16

 

 

1,600

 

 

1,732,000

 

United Air Lines, Inc., 12.75%,
7/15/12

 

 

3,120

 

 

3,315,000

 

 

 

 

 

 

 

 

 

 

 

 

8,077,183

 

Auto Components — 1.5%

 

 

 

 

 

 

 

Allison Transmission, Inc. (b):

 

 

 

 

 

 

 

11.00%, 11/01/15

 

 

360

 

 

376,200

 

11.25%, 11/01/15 (c)

 

 

284

 

 

293,940

 

Delphi International Holdings
Unsecured, 12.00%, 10/06/14

 

 

69

 

 

69,136

 

The Goodyear Tire & Rubber Co.,
8.63%, 12/01/11

 

 

1,195

 

 

1,227,862

 

Icahn Enterprises LP, 8.00%,
1/15/18 (b)

 

 

4,180

 

 

3,929,200

 

 

 

 

 

 

 

 

 

 

 

 

5,896,338

 

Biotechnology — 0.3%

 

 

 

 

 

 

 

QHP Pharma, 10.25%,
3/15/15 (b)

 

 

1,073

 

 

1,086,990

 

Building Products — 1.0%

 

 

 

 

 

 

 

Associated Materials LLC, 9.88%,
11/15/16

 

 

1,120

 

 

1,204,000

 

Building Materials Corp. of
America, 7.00%, 2/15/20 (b)

 

 

980

 

 

970,200

 

Ply Gem Industries, Inc., 11.75%,
6/15/13

 

 

1,730

 

 

1,773,250

 

 

 

 

 

 

 

 

 

 

 

 

3,947,450

 

Capital Markets — 0.1%

 

 

 

 

 

 

 

E*Trade Financial Corp., 3.45%,
8/31/19 (b)(d)(e)

 

 

380

 

 

543,875

 

 

Portfolio Abbreviations

To simplify the listings of portfolio holdings in the Schedule of Investments, the names and descriptions of many of the securities have been abbreviated according to the following list:

 

 

CAD

Canadian Dollar

EUR

Euro

FKA

Formerly Known As

GBP

British Pound

USD

US Dollar

 

 

 

 

 

BLACKROCK CORPORATE HIGH YIELD FUND VI, INC.

MAY 31, 2010

1


 

 

 

Schedule of Investments (continued)

BlackRock Corporate High Yield Fund VI, Inc. (HYT)

 

(Percentages shown are based on Net Assets)

 

 

 

 

 

 

 

 

Corporate Bonds

 

Par
(000)

 

Value

 

Chemicals — 4.2%

 

 

 

 

 

 

 

American Pacific Corp., 9.00%,
2/01/15

 

USD

1,400

 

$

1,370,250

 

CF Industries, Inc.:

 

 

 

 

 

 

 

6.88%, 5/01/18

 

 

685

 

 

685,856

 

7.13%, 5/01/20

 

 

1,205

 

 

1,215,544

 

Georgia Gulf Corp., 9.00%,
1/15/17 (b)

 

 

360

 

 

365,400

 

Hexion Finance Escrow LLC,
8.88%, 2/01/18 (b)

 

 

1,580

 

 

1,461,500

 

Hexion U.S. Finance Corp., 9.75%,
11/15/14

 

 

1,035

 

 

988,425

 

Huntsman International LLC (b):

 

 

 

 

 

 

 

6.88%, 11/15/13

 

EUR

440

 

 

507,547

 

5.50%, 6/30/16

 

USD

685

 

 

595,950

 

8.63%, 3/15/20

 

 

615

 

 

579,638

 

Ineos Finance Plc, 9.00%,
5/15/15 (b)

 

 

655

 

 

651,725

 

Innophos, Inc., 8.88%, 8/15/14

 

 

1,250

 

 

1,281,250

 

LBI Escrow Corp., 8.00%,
11/01/17 (b)

 

 

3,205

 

 

3,261,087

 

MacDermid, Inc., 9.50%,
4/15/17 (b)

 

 

1,985

 

 

1,989,962

 

Wellman Holdings, Inc., Subordinate
Note (d):

 

 

 

 

 

 

 

(Second Lien), 10.00%,
1/29/19

 

 

1,450

 

 

1,261,500

 

(Third Lien), 5.00%,
1/29/19 (c)

 

 

464

 

 

181,088

 

 

 

 

 

 

 

 

 

 

 

 

16,396,722

 

Commercial Services & Supplies — 2.6%

 

 

 

 

 

 

 

ACCO Brands Corp., 10.63%,
3/15/15

 

 

395

 

 

427,587

 

Garda World Security Corp.,
9.75%, 3/15/17 (b)

 

 

600

 

 

616,500

 

International Lease Finance Corp.,
8.63%, 9/15/15 (b)

 

 

380

 

 

349,600

 

RSC Equipment Rental, Inc.,
10.00%, 7/15/17 (b)

 

 

935

 

 

1,006,294

 

Scientific Games International,
Inc., 9.25%, 6/15/19

 

 

910

 

 

939,575

 

Waste Services, Inc., 9.50%,
4/15/14

 

 

4,775

 

 

4,894,375

 

West Corp., 11.00%, 10/15/16

 

 

2,050

 

 

2,070,500

 

 

 

 

 

 

 

 

 

 

 

 

10,304,431

 

Construction Materials — 0.9%

 

 

 

 

 

 

 

Nortek, Inc., 11.00%, 12/01/13

 

 

3,460

 

 

3,598,723

 

Consumer Finance — 0.5%

 

 

 

 

 

 

 

Credit Acceptance Corp., 9.13%,
2/01/17 (b)

 

 

1,080

 

 

1,090,800

 

Ford Motor Credit Co. LLC:

 

 

 

 

 

 

 

3.05%, 1/13/12 (f)

 

 

340

 

 

326,400

 

7.80%, 6/01/12

 

 

300

 

 

305,970

 

8.00%, 12/15/16

 

 

290

 

 

290,563

 

 

 

 

 

 

 

 

 

 

 

 

2,013,733

 

 

 

 

 

 

 

 

 

Corporate Bonds

 

Par
(000)

 

Value

 

Containers & Packaging — 4.7%

 

 

 

 

 

 

 

Ball Corp., 6.75%, 9/15/20

 

USD

785

 

$

763,413

 

Berry Plastics Corp.:

 

 

 

 

 

 

 

8.88%, 9/15/14

 

 

970

 

 

931,200

 

8.25%, 11/15/15

 

 

215

 

 

211,238

 

9.50%, 5/15/18 (b)

 

 

1,210

 

 

1,082,950

 

Berry Plastics Holding Corp.,
8.88%, 9/15/14

 

 

3,025

 

 

2,904,000

 

Crown European Holdings SA,
6.25%, 9/01/11

 

EUR

118

 

 

145,527

 

Graphic Packaging International,
Inc., 9.50%, 6/15/17

 

USD

1,245

 

 

1,294,800

 

Impress Holdings BV, 2.47%,
9/15/13 (b)(f)

 

 

595

 

 

550,375

 

Owens-Brockway Glass Container, Inc.:

 

 

 

 

 

 

 

8.25%, 5/15/13

 

 

1,575

 

 

1,594,687

 

6.75%, 12/01/14

 

EUR

254

 

 

313,253

 

Packaging Dynamics Finance
Corp., 10.00%, 5/01/16 (b)

 

USD

1,740

 

 

1,489,875

 

Pregis Corp., 12.38%, 10/15/13

 

 

1,920

 

 

1,891,200

 

Rock-Tenn Co., 8.20%, 8/15/11

 

 

3,175

 

 

3,302,000

 

Smurfit Kappa Acquisitions (b):

 

 

 

 

 

 

 

7.25%, 11/15/17

 

EUR

785

 

 

944,042

 

7.75%, 11/15/19

 

 

745

 

 

905,080

 

 

 

 

 

 

 

 

 

 

 

 

18,323,640

 

Diversified Consumer Services — 1.2%

 

 

 

 

 

 

 

Service Corp. International, 7.00%,
6/15/17

 

USD

4,775

 

 

4,631,750

 

Diversified Financial Services — 9.7%

 

 

 

 

 

 

 

Axcan Intermediate Holdings, Inc.,
12.75%, 3/01/16

 

 

620

 

 

626,200

 

CIT Group, Inc.:

 

 

 

 

 

 

 

7.00%, 5/01/16

 

 

2,145

 

 

1,946,587

 

7.00%, 5/01/17

 

 

10,860

 

 

9,801,150

 

Citigroup, Inc., 4.75%, 5/19/15

 

 

555

 

 

548,152

 

FCE Bank Plc:

 

 

 

 

 

 

 

7.88%, 2/15/11

 

GBP

1,050

 

 

1,529,849

 

7.13%, 1/16/12

 

EUR

3,000

 

 

3,663,026

 

7.13%, 1/15/13

 

 

1,450

 

 

1,752,669

 

GMAC, Inc.:

 

 

 

 

 

 

 

7.25%, 3/02/11

 

USD

461

 

 

462,729

 

6.88%, 9/15/11

 

 

900

 

 

900,000

 

6.88%, 8/28/12

 

 

1,000

 

 

987,500

 

7.50%, 12/31/13

 

 

700

 

 

682,500

 

2.74%, 12/01/14 (f)

 

 

635

 

 

521,646

 

6.75%, 12/01/14

 

 

1,550

 

 

1,476,375

 

8.30%, 2/12/15 (b)

 

 

3,810

 

 

3,824,287

 

8.00%, 3/15/20 (b)

 

 

2,380

 

 

2,308,600

 

Leucadia National Corp., 8.13%,
9/15/15

 

 

2,100

 

 

2,147,250

 

Reynolds Group DL Escrow, Inc.,
7.75%, 10/15/16 (b)

 

 

2,305

 

 

2,281,950

 

Reynolds Group Issuer, Inc. (b):

 

 

 

 

 

 

 

7.75%, 10/15/16

 

EUR

600

 

 

728,924

 

 

 

 

2

BLACKROCK CORPORATE HIGH YIELD FUND VI, INC.

MAY 31, 2010


 

 

 

 

Schedule of Investments (continued)

BlackRock Corporate High Yield Fund VI, Inc. (HYT)

 

(Percentages shown are based on Net Assets)


 

 

 

 

 

 

 

 

Corporate Bonds

 

Par
(000)

 

Value

 

Diversified Financial Services
(concluded)

 

 

 

 

 

 

 

Reynolds Group Issuer, Inc. (b) (concluded):

 

 

 

 

 

 

 

8.50%, 5/15/18

 

USD

2,125

 

$

2,018,750

 

 

 

 

 

 

 

 

 

 

 

 

38,208,144

 

Diversified Telecommunication Services — 4.4%

 

 

 

 

 

 

 

Broadview Networks Holdings, Inc.,
11.38%, 9/01/12

 

 

1,680

 

 

1,612,800

 

GCI, Inc., 8.63%, 11/15/19 (b)

 

 

1,700

 

 

1,649,000

 

ITC Deltacom, Inc., 10.50%,
4/01/16 (b)

 

 

840

 

 

806,400

 

New Communications Holdings, Inc. (b):

 

 

 

 

 

 

 

7.88%, 4/15/15

 

 

950

 

 

942,875

 

8.25%, 4/15/17

 

 

1,200

 

 

1,188,000

 

8.50%, 4/15/20

 

 

500

 

 

492,500

 

Nordic Telephone Co. Holdings
ApS, 8.88%, 5/01/16 (b)

 

 

340

 

 

348,500

 

Qwest Communications International,
Inc.:

 

 

 

 

 

 

 

7.50%, 2/15/14

 

 

3,190

 

 

3,142,150

 

8.00%, 10/01/15 (b)

 

 

900

 

 

902,250

 

Series B, 7.50%, 2/15/14

 

 

2,820

 

 

2,777,700

 

Qwest Corp.:

 

 

 

 

 

 

 

7.63%, 6/15/15

 

 

875

 

 

914,375

 

8.38%, 5/01/16

 

 

1,120

 

 

1,215,200

 

Windstream Corp., 8.13%,
8/01/13

 

 

1,210

 

 

1,222,100

 

 

 

 

 

 

 

 

 

 

 

 

17,213,850

 

Electric Utilities — 0.5%

 

 

 

 

 

 

 

Intergen NV, 9.00%, 6/30/17 (b)

 

 

645

 

 

645,000

 

NSG Holdings LLC, 7.75%,
12/15/25 (b)

 

 

1,630

 

 

1,458,850

 

 

 

 

 

 

 

 

 

 

 

 

2,103,850

 

Electronic Equipment, Instruments &
Components — 0.1%

 

 

 

 

 

 

 

Jabil Circuit, Inc., 7.75%, 7/15/16

 

 

470

 

 

480,575

 

Energy Equipment & Services — 1.6%

 

 

 

 

 

 

 

Compagnie Generale de Geophysique-
Veritas:

 

 

 

 

 

 

 

7.50%, 5/15/15

 

 

335

 

 

324,950

 

7.75%, 5/15/17

 

 

510

 

 

484,500

 

Expro Finance Luxembourg SCA,
8.50%, 12/15/16 (b)

 

 

2,890

 

 

2,803,300

 

Global Geophysical Services, Inc.,
10.50%, 5/01/17 (b)

 

 

480

 

 

460,800

 

North American Energy Alliance
LLC, 10.88%, 6/01/16 (b)

 

 

1,055

 

 

1,078,738

 

Parker Drilling Co., 9.13%,
4/01/18 (b)

 

 

330

 

 

313,500

 

Thermon Industries, Inc., 9.50%,
5/01/17 (b)

 

 

850

 

 

841,500

 

 

 

 

 

 

 

 

 

 

 

 

6,307,288

 

Food & Staples Retailing — 0.7%

 

 

 

 

 

 

 

AmeriQual Group LLC, 9.50%,
4/01/12 (b)

 

 

1,300

 

 

1,183,000

 

 

 

 

 

 

 

 

 

Corporate Bonds

 

Par
(000)

 

Value

 

Food & Staples Retailing (concluded)

 

 

 

 

 

 

 

Rite Aid Corp.:

 

 

 

 

 

 

 

9.75%, 6/12/16

 

USD

660

 

$

700,425

 

10.25%, 10/15/19

 

 

945

 

 

961,538

 

 

 

 

 

 

 

 

 

 

 

 

2,844,963

 

Food Products — 0.7%

 

 

 

 

 

 

 

B&G Foods, Inc., 7.63%, 1/15/18

 

 

340

 

 

339,150

 

Reddy Ice Corp., 11.25%,
3/15/15 (b)

 

 

690

 

 

696,900

 

Smithfield Foods, Inc., 10.00%,
7/15/14 (b)

 

 

1,240

 

 

1,327,575

 

TreeHouse Foods, Inc., 7.75%,
3/01/18

 

 

250

 

 

255,625

 

 

 

 

 

 

 

 

 

 

 

 

2,619,250

 

Health Care Equipment & Supplies — 1.3%

 

 

 

 

 

 

 

DJO Finance LLC:

 

 

 

 

 

 

 

10.88%, 11/15/14 (b)

 

 

940

 

 

977,600

 

10.88%, 11/15/14 (g)

 

 

2,720

 

 

2,828,800

 

Hologic, Inc., 2.00%,
12/15/37 (d)(h)

 

 

1,495

 

 

1,276,356

 

 

 

 

 

 

 

 

 

 

 

 

5,082,756

 

Health Care Providers & Services — 4.1%

 

 

 

 

 

 

 

American Renal Holdings, 8.38%,
5/15/18 (b)

 

 

435

 

 

423,038

 

HCA, Inc.:

 

 

 

 

 

 

 

9.13%, 11/15/14

 

 

2,745

 

 

2,889,112

 

8.50%, 4/15/19

 

 

1,550

 

 

1,619,750

 

7.25%, 9/15/20

 

 

3,605

 

 

3,595,987

 

Omnicare, Inc., 7.75%, 6/01/20

 

 

420

 

 

421,050

 

Tenet Healthcare Corp. (b):

 

 

 

 

 

 

 

9.00%, 5/01/15

 

 

2,935

 

 

3,081,750

 

10.00%, 5/01/18

 

 

1,050

 

 

1,151,063

 

8.88%, 7/01/19

 

 

2,950

 

 

3,093,812

 

 

 

 

 

 

 

 

 

 

 

 

16,275,562

 

Health Care Technology — 1.1%

 

 

 

 

 

 

 

IMS Health, Inc., 12.50%,
3/01/18 (b)

 

 

3,760

 

 

4,314,600

 

Hotels, Restaurants & Leisure — 2.0%

 

 

 

 

 

 

 

Harrah’s Operating Co., Inc.,
11.25%, 6/01/17

 

 

980

 

 

1,026,550

 

Inn of the Mountain Gods Resort &
Casino, 12.00%, 11/15/10 (a)(i)

 

 

2,575

 

 

1,236,000

 

Little Traverse Bay Bands of
Odawa Indians, 10.25%,
2/15/14 (a)(b)(i)

 

 

1,895

 

 

627,719

 

MGM Mirage:

 

 

 

 

 

 

 

13.00%, 11/15/13

 

 

130

 

 

148,200

 

10.38%, 5/15/14 (b)

 

 

415

 

 

440,938

 

11.13%, 11/15/17 (b)

 

 

1,310

 

 

1,418,075

 

San Pasqual Casino, 8.00%,
9/15/13 (b)

 

 

1,575

 

 

1,496,250

 

Scientific Games Corp., 0.75%,
12/01/24 (d)(h)

 

 

460

 

 

457,700

 

 

 

 

 

 

BLACKROCK CORPORATE HIGH YIELD FUND VI, INC.

MAY 31, 2010

3


 

 

 

 

Schedule of Investments (continued)

BlackRock Corporate High Yield Fund VI, Inc. (HYT)

 

(Percentages shown are based on Net Assets)


 

 

 

 

 

 

 

 

Corporate Bonds

 

Par
(000)

 

Value

 

Hotels, Restaurants & Leisure
(concluded)

 

 

 

 

 

 

 

Travelport LLC:

 

 

 

 

 

 

 

5.16%, 9/01/14 (f)

 

USD

195

 

$

181,350

 

9.88%, 9/01/14

 

 

320

 

 

319,200

 

Tropicana Entertainment LLC,
Series WI, 9.63%,
12/15/14 (a)(i)

 

 

515

 

 

695

 

Virgin River Casino Corp., 9.00%,
1/15/12 (a)(i)

 

 

1,500

 

 

675,000

 

 

 

 

 

 

 

 

 

 

 

 

8,027,677

 

Household Durables — 3.5%

 

 

 

 

 

 

 

Beazer Homes USA, Inc.:

 

 

 

 

 

 

 

6.88%, 7/15/15

 

 

585

 

 

513,337

 

8.13%, 6/15/16

 

 

495

 

 

452,925

 

12.00%, 10/15/17

 

 

2,080

 

 

2,308,800

 

9.13%, 6/15/18

 

 

3,240

 

 

3,045,600

 

K. Hovnanian Enterprises, Inc.,
10.63%, 10/15/16

 

 

2,730

 

 

2,791,425

 

KB Home, 9.10%, 9/15/17

 

 

345

 

 

349,313

 

Standard Pacific Corp.:

 

 

 

 

 

 

 

9.25%, 4/15/12

 

 

210

 

 

214,200

 

6.25%, 4/01/14

 

 

570

 

 

532,950

 

7.00%, 8/15/15

 

 

420

 

 

386,400

 

10.75%, 9/15/16

 

 

2,090

 

 

2,267,650

 

8.38%, 5/15/18

 

 

865

 

 

828,237

 

 

 

 

 

 

 

 

 

 

 

 

13,690,837

 

IT Services — 1.2%

 

 

 

 

 

 

 

Alliance Data Systems Corp.,
1.75%, 8/01/13 (d)

 

 

2,625

 

 

2,746,406

 

First Data Corp., 9.88%, 9/24/15

 

 

2,600

 

 

2,093,000

 

 

 

 

 

 

 

 

 

 

 

 

4,839,406

 

Independent Power Producers &
Energy Traders — 3.0%

 

 

 

 

 

 

 

The AES Corp., 8.75%,
5/15/13 (b)

 

 

21

 

 

21,315

 

AES Eastern Energy LP,
Series 99-B, 9.67%, 1/02/29

 

 

975

 

 

1,060,313

 

Calpine Construction Finance Co.
LP, 8.00%, 6/01/16 (b)

 

 

2,010

 

 

2,030,100

 

Energy Future Holdings Corp.:

 

 

 

 

 

 

 

10.88%, 11/01/17 (h)

 

 

1,495

 

 

1,098,825

 

12.00%, 11/01/17 (c)

 

 

1,388

 

 

884,604

 

10.00%, 1/15/20 (b)

 

 

3,690

 

 

3,671,550

 

NRG Energy, Inc., 7.25%, 2/01/14

 

 

3,240

 

 

3,199,500

 

 

 

 

 

 

 

 

 

 

 

 

11,966,207

 

Industrial Conglomerates — 2.6%

 

 

 

 

 

 

 

Sequa Corp. (b):

 

 

 

 

 

 

 

11.75%, 12/01/15

 

 

3,810

 

 

3,810,000

 

13.50%, 12/01/15 (c)

 

 

6,236

 

 

6,353,039

 

 

 

 

 

 

 

 

 

 

 

 

10,163,039

 

Insurance — 0.9%

 

 

 

 

 

 

 

Alliant Holdings I, Inc., 11.00%,
5/01/15 (b)

 

 

2,600

 

 

2,590,250

 

 

 

 

 

 

 

 

 

Corporate Bonds

 

Par
(000)

 

Value

 

Insurance (concluded)

 

 

 

 

 

 

 

USI Holdings Corp., 4.31%,
11/15/14 (b)(f)

 

USD

1,070

 

$

856,000

 

 

 

 

 

 

 

 

 

 

 

 

3,446,250

 

Internet & Catalog Retail — 0.1%

 

 

 

 

 

 

 

NetFlix, Inc., 8.50%, 11/15/17

 

 

330

 

 

340,725

 

Leisure Equipment & Products — 0.5%

 

 

 

 

 

 

 

Brunswick Corp., 11.25%,
11/01/16 (b)

 

 

1,185

 

 

1,327,200

 

Easton-Bell Sports, Inc., 9.75%,
12/01/16 (b)

 

 

435

 

 

449,138

 

 

 

 

 

 

 

 

 

 

 

 

1,776,338

 

Life Sciences Tools & Services — 0.3%

 

 

 

 

 

 

 

Bio-Rad Laboratories, Inc., 8.00%,
9/15/16

 

 

275

 

 

285,656

 

Patheon, Inc., 8.63%, 4/15/17 (b)

 

 

910

 

 

910,000

 

 

 

 

 

 

 

 

 

 

 

 

1,195,656

 

Machinery — 1.7%

 

 

 

 

 

 

 

AGY Holding Corp., 11.00%,
11/15/14

 

 

1,650

 

 

1,320,000

 

Accuride Corp., 7.50%,
2/26/20 (c)(d)

 

 

14

 

 

37,310

 

Navistar International Corp.:

 

 

 

 

 

 

 

3.00%, 10/15/14 (d)

 

 

2,960

 

 

3,655,600

 

8.25%, 11/01/21

 

 

1,500

 

 

1,500,000

 

 

 

 

 

 

 

 

 

 

 

 

6,512,910

 

Marine — 0.7%

 

 

 

 

 

 

 

Horizon Lines, Inc., 4.25%,
8/15/12 (d)

 

 

3,340

 

 

2,755,500

 

Media — 12.8%

 

 

 

 

 

 

 

Affinion Group, Inc.:

 

 

 

 

 

 

 

10.13%, 10/15/13

 

 

3,824

 

 

3,890,920

 

10.13%, 10/15/13

 

 

1,195

 

 

1,215,913

 

CCH II LLC, 13.50%, 11/30/16

 

 

876

 

 

1,004,557

 

CCO Holdings LLC (b):

 

 

 

 

 

 

 

7.88%, 4/30/18

 

 

730

 

 

716,313

 

8.13%, 4/30/20

 

 

730

 

 

722,700

 

CMP Susquehanna Corp., 3.20%,
5/15/14

 

 

254

 

 

5,080

 

CSC Holdings, Inc., 8.50%,
4/15/14 (b)

 

 

550

 

 

572,000

 

Catalina Marketing Corp., 10.50%,
10/01/15 (b)(c)(j)

 

 

935

 

 

972,400

 

Charter Communications
Operating, LLC, 10.00%,
4/30/12 (b)

 

 

730

 

 

761,938

 

Clear Channel Worldwide Holdings,
Inc. (b):

 

 

 

 

 

 

 

Series A, 9.25%, 12/15/17

 

 

1,313

 

 

1,329,413

 

Series B, 9.25%, 12/15/17

 

 

6,656

 

 

6,772,480

 

Cox Enterprises, Inc.:

 

 

 

 

 

 

 

Loan Close 2, 12.00%,
8/15/18

 

 

990

 

 

990,000

 

 

 

 

 

 

 

 

 

 

 

 

4

BLACKROCK CORPORATE HIGH YIELD FUND VI, INC.

MAY 31, 2010


 

 

 

 

Schedule of Investments (continued)

BlackRock Corporate High Yield Fund VI, Inc. (HYT)

 

(Percentages shown are based on Net Assets)


 

 

 

 

 

 

 

 

Corporate Bonds

 

 

Par
(000)

 

 

Value

 

Media (concluded)

 

 

 

 

 

 

 

Cox Enterprises, Inc. (concluded):

 

 

 

 

 

 

 

Loan Close 3, 8/15/18

 

USD

1,155

 

$

1,155,000

 

Shares Loan, 12.00%,
8/15/18

 

 

1,155

 

 

1,155,000

 

DISH DBS Corp., 7.00%, 10/01/13

 

 

150

 

 

152,250

 

Gannett Co., Inc., 8.75%,
11/15/14 (b)

 

 

945

 

 

992,250

 

Gray Television, Inc., 10.50%,
6/29/15 (b)

 

 

1,105

 

 

1,044,225

 

Harland Clarke Holdings Corp.:

 

 

 

 

 

 

 

6.00%, 5/15/15 (f)

 

 

550

 

 

438,625

 

9.50%, 5/15/15

 

 

660

 

 

589,050

 

Intelsat Corp., 9.25%, 6/15/16

 

 

3,930

 

 

4,028,250

 

Intelsat Subsidiary Holding Co.
Ltd., 8.88%, 1/15/15 (b)

 

 

420

 

 

422,100

 

Liberty Global, Inc., 4.50%,
11/15/16 (b)(d)

 

 

700

 

 

798,875

 

Liberty Media Corp., 3.13%,
3/30/23 (d)

 

 

1,748

 

 

1,846,325

 

Lighthouse International Co. SA:

 

 

 

 

 

 

 

8.00%, 4/30/14

 

EUR

822

 

 

635,489

 

8.00%, 4/30/14 (b)

 

 

280

 

 

216,468

 

Lions Gate Entertainment, Inc.,
10.25%, 11/01/16 (b)

 

USD

590

 

 

594,425

 

Live Nation Entertainment, Inc.,
8.13%, 5/15/18 (b)

 

 

235

 

 

232,650

 

McClatchy Co., 11.50%,
2/15/17 (b)

 

 

1,965

 

 

1,974,825

 

Nexstar Broadcasting, Inc., 8.88%,
4/15/17 (b)

 

 

680

 

 

673,200

 

Nielsen Finance LLC:

 

 

 

 

 

 

 

11.63%, 2/01/14

 

 

225

 

 

240,750

 

10.00%, 8/01/14

 

 

3,025

 

 

3,074,156

 

Rainbow National Services LLC,
10.38%, 9/01/14 (b)

 

 

2,570

 

 

2,685,650

 

Seat Pagine Gialle SpA, 10.50%,
1/31/17 (b)

 

EUR

1,011

 

 

1,166,204

 

TL Acquisitions, Inc., 10.50%,
1/15/15 (b)

 

USD

2,670

 

 

2,423,025

 

UPC Germany GmbH (b):

 

 

 

 

 

 

 

8.13%, 12/01/17

 

USD

900

 

 

882,000

 

8.13%, 12/01/17

 

EUR

901

 

 

1,091,836

 

9.63%, 12/01/19

 

 

900

 

 

1,093,386

 

UPC Holding BV, 9.88%,
4/15/18 (b)

 

USD

800

 

 

808,000

 

Unitymedia GmbH, 9.63%,
12/01/19

 

EUR

149

 

 

184,673

 

Ziggo Bond Co. BV, 8.00%,
5/15/18 (b)

 

 

782

 

 

922,873

 

 

 

 

 

 

 

 

 

 

 

 

50,475,274

 

Metals & Mining — 5.1%

 

 

 

 

 

 

 

AK Steel Corp., 7.63%, 5/15/20

 

USD

825

 

 

814,688

 

Aleris International, Inc. (a)(i):

 

 

 

 

 

 

 

9.00%, 12/15/14

 

 

1,625

 

 

4,063

 

10.00%, 12/15/16

 

 

1,300

 

 

8,905

 

 

 

 

 

 

 

 

 

Corporate Bonds

 

 

Par
(000)

 

Value

 

Metals & Mining (concluded)

 

 

 

 

 

 

 

Drummond Co., Inc.:

 

 

 

 

 

 

 

9.00%, 10/15/14 (b)

 

USD

1,250

 

$

1,243,750

 

7.38%, 2/15/16

 

 

360

 

 

342,900

 

FMG Finance Property Ltd. (b):

 

 

 

 

 

 

 

10.00%, 9/01/13

 

 

850

 

 

910,562

 

10.63%, 9/01/16

 

 

1,875

 

 

2,062,500

 

Foundation PA Coal Co., 7.25%,
8/01/14

 

 

3,250

 

 

3,290,625

 

GoldCorp., Inc., 2.00%,
8/01/14 (b)(d)

 

 

300

 

 

351,375

 

McJunkin Red Man Corp., 9.50%,
12/15/16 (b)

 

 

1,955

 

 

1,896,350

 

Murray Energy Corp., 10.25%,
10/15/15 (b)

 

 

1,345

 

 

1,338,275

 

New World Resources NV:

 

 

 

 

 

 

 

7.38%, 5/15/15

 

EUR

729

 

 

836,440

 

7.88%, 5/01/18 (b)

 

 

326

 

 

374,846

 

Novelis, Inc.:

 

 

 

 

 

 

 

7.25%, 2/15/15

 

USD

2,435

 

 

2,282,325

 

11.50%, 2/15/15

 

 

685

 

 

743,225

 

Ryerson, Inc.:

 

 

 

 

 

 

 

7.72%, 11/01/14 (f)

 

 

640

 

 

596,000

 

12.00%, 11/01/15

 

 

450

 

 

457,875

 

Steel Dynamics, Inc., 7.38%,
11/01/12

 

 

630

 

 

644,175

 

United States Steel Corp., 7.38%,
4/01/20

 

 

815

 

 

796,663

 

Vedanta Resources Plc, 9.50%,
7/18/18 (b)

 

 

1,015

 

 

1,035,300

 

 

 

 

 

 

 

 

 

 

 

 

20,030,842

 

Multiline Retail — 1.4%

 

 

 

 

 

 

 

Dollar General Corp.:

 

 

 

 

 

 

 

10.63%, 7/15/15

 

 

115

 

 

125,350

 

11.88%, 7/15/17 (c)

 

 

4,168

 

 

4,730,680

 

Saks, Inc., 9.88%, 10/01/11

 

 

470

 

 

493,500

 

 

 

 

 

 

 

 

 

 

 

 

5,349,530

 

Oil, Gas & Consumable Fuels — 6.2%

 

 

 

 

 

 

 

Arch Coal, Inc., 8.75%,
8/01/16 (b)

 

 

95

 

 

96,900

 

Atlas Energy Operating Co. LLC:

 

 

 

 

 

 

 

12.13%, 8/01/17

 

 

750

 

 

832,500

 

10.75%, 2/01/18

 

 

405

 

 

429,300

 

Berry Petroleum Co., 8.25%,
11/01/16

 

 

800

 

 

784,000

 

Bill Barrett Corp., 9.88%, 7/15/16

 

 

385

 

 

398,475

 

Chesapeake Energy Corp., 2.25%,
12/15/38 (d)

 

 

1,250

 

 

904,688

 

Coffeyville Resources LLC, 9.00%,
4/01/15 (b)

 

 

460

 

 

455,400

 

Connacher Oil and Gas Ltd. (b):

 

 

 

 

 

 

 

11.75%, 7/15/14

 

 

280

 

 

292,600

 

10.25%, 12/15/15

 

 

1,755

 

 

1,684,800

 

Consol Energy, Inc., 8.25%,
4/01/20 (b)

 

 

3,095

 

 

3,160,769

 

 

 

 

BLACKROCK CORPORATE HIGH YIELD FUND VI, INC.

MAY 31, 2010

5


 

 

 

Schedule of Investments (continued)

BlackRock Corporate High Yield Fund VI, Inc. (HYT)

 

(Percentages shown are based on Net Assets)

 

 

 

 

 

 

 

 

Corporate Bonds

 

Par
(000)

 

Value

 

Oil, Gas & Consumable Fuels (concluded)

 

 

 

 

 

 

 

Crosstex Energy LP, 8.88%,
2/15/18 (b)

 

USD

1,725

 

$

1,699,125

 

Denbury Resources, Inc., 8.25%,
2/15/20

 

 

1,335

 

 

1,378,387

 

Linn Energy LLC, 8.63%,
4/15/20 (b)

 

 

1,230

 

 

1,217,700

 

Massey Energy Co., 6.88%,
12/15/13

 

 

1,465

 

 

1,406,400

 

Niska Gas Storage US LLC, 8.88%,
3/15/18 (b)

 

 

2,930

 

 

2,944,650

 

OPTI Canada, Inc., 9.00%,
12/15/12 (b)

 

 

2,110

 

 

2,120,550

 

Patriot Coal Corp., 8.25%,
4/30/18

 

 

645

 

 

632,100

 

Petrohawk Energy Corp.:

 

 

 

 

 

 

 

10.50%, 8/01/14

 

 

895

 

 

946,462

 

7.88%, 6/01/15

 

 

680

 

 

658,750

 

Range Resources Corp., 8.00%,
5/15/19

 

 

700

 

 

721,000

 

Sabine Pass LNG LP, 7.50%,
11/30/16

 

 

610

 

 

506,300

 

Teekay Corp., 8.50%, 1/15/20

 

 

1,020

 

 

1,030,200

 

 

 

 

 

 

 

 

 

 

 

 

24,301,056

 

Paper & Forest Products — 3.8%

 

 

 

 

 

 

 

Ainsworth Lumber Co. Ltd.,
11.00%, 7/29/15 (b)(c)

 

 

1,746

 

 

1,610,804

 

Boise Paper Holdings LLC (b):

 

 

 

 

 

 

 

9.00%, 11/01/17

 

 

525

 

 

554,531

 

8.00%, 4/01/20

 

 

240

 

 

241,800

 

Clearwater Paper Corp., 10.63%,
6/15/16 (b)

 

 

625

 

 

685,938

 

Georgia-Pacific LLC, 8.25%,
5/01/16 (b)

 

 

2,570

 

 

2,672,800

 

Glatfelter, 7.13%, 5/01/16 (b)

 

 

330

 

 

313,500

 

NewPage Corp.:

 

 

 

 

 

 

 

10.00%, 5/01/12

 

 

1,265

 

 

735,281

 

11.38%, 12/31/14

 

 

7,095

 

 

6,633,825

 

Verso Paper Holdings LLC,
11.50%, 7/01/14 (b)

 

 

1,335

 

 

1,425,112

 

 

 

 

 

 

 

 

 

 

 

 

14,873,591

 

Pharmaceuticals — 0.7%

 

 

 

 

 

 

 

Angiotech Pharmaceuticals, Inc.,
4.29%, 12/01/13 (f)

 

 

1,696

 

 

1,322,880

 

Elan Finance Plc, 8.88%,
12/01/13

 

 

150

 

 

150,375

 

Novasep Holding SAS, 9.63%,
12/15/16 (b)

 

EUR

979

 

 

1,105,264

 

 

 

 

 

 

 

 

 

 

 

 

2,578,519

 

Real Estate Management & Development — 0.5%

 

 

 

 

 

 

 

Forest City Enterprises, Inc.,
7.63%, 6/01/15

 

USD

2,300

 

 

2,104,500

 

Road & Rail — 0.5%

 

 

 

 

 

 

 

Avis Budget Car Rental LLC,
9.63%, 3/15/18 (b)

 

 

800

 

 

800,000

 

 

 

 

 

 

 

 

 

Corporate Bonds

 

Par
(000)

 

Value

 

Road & Rail (concluded)

 

 

 

 

 

 

 

Syncreon Global Ireland Ltd.,
9.50%, 5/01/18 (b)

 

USD

1,260

 

$

1,209,600

 

 

 

 

 

 

 

 

 

 

 

 

2,009,600

 

Semiconductors & Semiconductor
Equipment — 0.2%

 

 

 

 

 

 

 

Advanced Micro Devices, Inc.,
8.13%, 12/15/17 (b)

 

 

680

 

 

667,250

 

Software — 0.0%

 

 

 

 

 

 

 

BMS Holdings, Inc., 7.89%,
2/15/12 (b)(c)

 

 

716

 

 

14,320

 

Specialty Retail — 1.8%

 

 

 

 

 

 

 

Asbury Automotive Group, Inc.,
7.63%, 3/15/17

 

 

560

 

 

520,800

 

General Nutrition Centers, Inc.,
10.75%, 3/15/15

 

 

920

 

 

926,900

 

Group 1 Automotive, Inc., 2.25%,
6/15/36 (d)(h)

 

 

1,685

 

 

1,373,275

 

Hillman Group, Inc., 10.88%,
6/01/18 (b)

 

 

830

 

 

830,000

 

Limited Brands, Inc., 8.50%,
6/15/19

 

 

1,255

 

 

1,336,575

 

Sonic Automotive, Inc., 9.00%,
3/15/18

 

 

580

 

 

584,350

 

United Auto Group, Inc., 7.75%,
12/15/16

 

 

1,670

 

 

1,573,975

 

 

 

 

 

 

 

 

 

 

 

 

7,145,875

 

Textiles, Apparel & Luxury Goods — 0.5%

 

 

 

 

 

 

 

Quiksilver, Inc., 6.88%, 4/15/15

 

 

2,100

 

 

1,837,500

 

Tobacco — 0.1%

 

 

 

 

 

 

 

Vector Group Ltd., 11.00%,
8/15/15 (b)

 

 

505

 

 

506,263

 

Wireless Telecommunication Services — 5.1%

 

 

 

 

 

 

 

Cricket Communications, Inc.:

 

 

 

 

 

 

 

10.00%, 7/15/15

 

 

2,870

 

 

2,941,750

 

7.75%, 5/15/16

 

 

1,080

 

 

1,096,200

 

Digicel Group Ltd. (b):

 

 

 

 

 

 

 

8.88%, 1/15/15

 

 

1,240

 

 

1,199,700

 

9.13%, 1/15/15 (c)

 

 

2,864

 

 

2,792,400

 

8.25%, 9/01/17

 

 

1,120

 

 

1,097,600

 

10.50%, 4/15/18

 

 

800

 

 

810,000

 

FiberTower Corp., 9.00%,
1/01/16 (c)

 

 

474

 

 

397,779

 

iPCS, Inc., 2.47%, 5/01/13 (f)

 

 

1,295

 

 

1,191,400

 

MetroPCS Wireless, Inc., 9.25%,
11/01/14

 

 

3,935

 

 

4,053,050

 

Nextel Communications, Inc.:

 

 

 

 

 

 

 

Series E, 6.88%, 10/31/13

 

 

1,880

 

 

1,800,100

 

Series F, 5.95%, 3/15/14

 

 

170

 

 

156,825

 

Orascom Telecom Finance SCA,
7.88%, 2/08/14 (b)

 

 

385

 

 

346,500

 

 

 

 

6

BLACKROCK CORPORATE HIGH YIELD FUND VI, INC.

MAY 31, 2010

 

 

 

 

Schedule of Investments (continued)

BlackRock Corporate High Yield Fund VI, Inc. (HYT)

 

(Percentages shown are based on Net Assets)

 

 

 

 

 

 

 

 

Corporate Bonds

 

Par
(000)

 

Value

 

Wireless Telecommunication Services (concluded)

 

 

 

 

 

 

 

Sprint Capital Corp., 6.88%,
11/15/28

 

USD

2,770

 

$

2,302,563

 

 

 

 

 

 

 

 

 

 

 

 

20,185,867

 

Total Corporate Bonds – 98.8%

 

 

 

 

 

388,201,555

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Floating Rate Loan Interests (f)

 

 

 

 

 

 

 

Aerospace & Defense — 0.0%

 

 

 

 

 

 

 

Pedalgreen Ltd., Loan Facility,
9.57%, 11/30/15 (c)

 

GBP

6

 

 

7,199

 

Auto Components — 1.1%

 

 

 

 

 

 

 

Affinion Group Holdings, Inc., Loan,
7.89%, 3/01/12 (c)

 

USD

709

 

 

667,332

 

Allison Transmission, Inc., Term
Loan, 3.01% - 3.10%, 8/07/14

 

 

3,619

 

 

3,281,164

 

Dana Holding Corp., Term
Advance, 4.53% - 4.73%,
1/30/15

 

 

290

 

 

278,397

 

 

 

 

 

 

 

 

 

 

 

 

4,226,893

 

Automobiles — 1.4%

 

 

 

 

 

 

 

Ford Motor Co., Tranche B-1 Term
Loan, 3.31% - 3.34%, 12/15/13

 

 

6,026

 

 

5,610,898

 

Building Products — 1.3%

 

 

 

 

 

 

 

CPG International I, Inc., Term
Loan, 5.30%, 2/28/11

 

 

4,924

 

 

4,924,340

 

Capital Markets — 0.1%

 

 

 

 

 

 

 

Marsico Parent Co., LLC, Term
Loan, 5.31% - 5.38%, 12/15/14

 

 

763

 

 

502,240

 

Chemicals — 0.2%

 

 

 

 

 

 

 

PQ Corp., Term Loan (First Lien),
3.59% - 3.61%, 7/30/14

 

 

983

 

 

892,847

 

Commercial Services & Supplies — 0.6%

 

 

 

 

 

 

 

International Lease Finance Corp.:

 

 

 

 

 

 

 

Term Loan 1, 6.75%, 2/23/15

 

 

1,350

 

 

1,318,275

 

Term Loan 2, 7.00%, 3/05/16

 

 

975

 

 

948,675

 

 

 

 

 

 

 

 

 

 

 

 

2,266,950

 

Construction & Engineering — 0.8%

 

 

 

 

 

 

 

Safway Services, LLC, Last Out
Term Loan, 15.63%, 12/14/17

 

 

3,250

 

 

3,250,000

 

Consumer Finance — 1.8%

 

 

 

 

 

 

 

American General Finance Corp.,
Term Loan, 7.25%, 4/16/16

 

 

6,500

 

 

6,292,000

 

Chrysler Financial Corp., Term
Loan (Second Lien), 6.76%,
8/02/13

 

 

750

 

 

740,223

 

 

 

 

 

 

 

 

 

 

 

 

7,032,223

 

 

 

 

 

 

 

 

 

Floating Rate Loan Interests (f)

 

Par
(000)

 

Value

 

Diversified Telecommunication Services — 1.6%

 

 

 

 

 

 

 

Wind Finance SL SA, Euro Facility
(Second Lien), 7.65%, 12/17/14

 

EUR

5,258

 

$

6,395,259

 

Food & Staples Retailing — 0.5%

 

 

 

 

 

 

 

Rite Aid Corp., Tranche 4 Term
Loan, 9.50%, 6/10/15

 

USD

2,043

 

 

2,071,556

 

Health Care Providers & Services — 0.2%

 

 

 

 

 

 

 

Harden Healthcare, Term Loan A,
8.50%, 2/22/15

 

 

697

 

 

682,882

 

Hotels, Restaurants & Leisure — 1.3%

 

 

 

 

 

 

 

Travelport LLC (FKA Travelport,
Inc.), Loan, 8.44%, 3/27/12 (c)

 

 

5,213

 

 

4,900,603

 

IT Services — 0.3%

 

 

 

 

 

 

 

First Data Corp.:

 

 

 

 

 

 

 

Initial Tranche B-1 Term Loan,
3.03% -3.09%, 9/24/14

 

 

346

 

 

291,882

 

Initial Tranche B-3 Term Loan,
3.03% - 3.04%, 9/24/14

 

 

885

 

 

744,998

 

 

 

 

 

 

 

 

 

 

 

 

1,036,880

 

Independent Power Producers & Energy Traders — 1.0%

 

 

 

 

 

 

 

Texas Competitive Electric Holdings Co.,
LLC (TXU):

 

 

 

 

 

 

 

Initial Tranche B-1 Term Loan,
3.79% - 3.80%, 10/10/14

 

 

343

 

 

263,470

 

Initial Tranche B-2 Term Loan,
3.79% - 4.07%, 10/10/14

 

 

215

 

 

165,314

 

Initial Tranche B-3 Term Loan,
3.79% - 3.80%, 10/10/14

 

 

4,553

 

 

3,477,602

 

 

 

 

 

 

 

 

 

 

 

 

3,906,386

 

Media — 1.8%

 

 

 

 

 

 

 

Cengage Learning Acquisitions,
Inc. (Thomson Learning),
Tranche 1 Incremental Term
Loan, 7.50%, 7/03/14

 

 

2,702

 

 

2,715,385

 

HMH Publishing Co., Ltd., Tranche
A Term Loan, 5.53%, 6/12/14

 

 

1,487

 

 

1,361,260

 

Newsday, LLC, Fixed Rate Term
Loan, 10.50%, 8/01/13

 

 

2,250

 

 

2,362,500

 

Worldcolor Press Inc. and
Worldcolor (USA) Corp. (FKA
Quebecor World, Inc.), Advance,
9.00%, 7/23/12

 

 

796

 

 

801,634

 

 

 

 

 

 

 

 

 

 

 

 

7,240,779

 

Multiline Retail — 0.5%

 

 

 

 

 

 

 

Hema Holding BV, Mezzanine,
8.92%, 1/29/17 (c)

 

EUR

1,545

 

 

1,611,264

 

The Neiman Marcus Group, Inc.,
Term Loan, 2.25% - 2.28%,
4/06/13

 

USD

412

 

 

375,377

 

 

 

 

 

 

 

 

 

 

 

 

1,986,641

 

 

 

 

 

 

BLACKROCK CORPORATE HIGH YIELD FUND VI, INC.

MAY 31, 2010

7


 

 

 

Schedule of Investments (continued)

BlackRock Corporate High Yield Fund VI, Inc. (HYT)

 

(Percentages shown are based on Net Assets)

 

 

 

 

 

 

 

 

Floating Rate Loan Interests (f)

 

 

Par
(000)

 

Value

 

 

Oil, Gas & Consumable Fuels — 1.5%

 

 

 

 

 

 

 

Tronox Worldwide LLC:

 

 

 

 

 

 

 

Tranche B-1 Term Loan,
9.00%, 6/24/10

 

USD

1,892

 

$

1,897,676

 

Tranche B-2 Term Loan,
9.00%, 6/24/10

 

 

508

 

 

509,824

 

Turbo Beta Ltd., Dollar Facility,
14.50%, 3/15/18 (c)

 

 

3,775

 

 

3,397,436

 

 

 

 

 

 

 

 

 

 

 

 

5,804,936

 

Paper & Forest Products — 0.3%

 

 

 

 

 

 

 

Verso Paper Finance Holdings LLC,
Loan, 6.60% - 7.35%,
2/01/13 (c)

 

 

1,986

 

 

1,291,224

 

Real Estate Management &
Development — 0.2%

 

 

 

 

 

 

 

Realogy Corp.:

 

 

 

 

 

 

 

Initial Term B Loan, 3.29%,
10/10/13

 

 

630

 

 

531,325

 

Synthetic Letter of Credit,
3.35%, 10/10/13

 

 

170

 

 

143,049

 

 

 

 

 

 

 

 

 

 

 

 

674,374

 

Specialty Retail — 0.2%

 

 

 

 

 

 

 

Claire’s Stores, Inc., Term Loan B,
3.04%, 5/29/14

 

 

237

 

 

198,486

 

Michaels Stores, Inc., Term Loan
B-1, 2.56% - 2.81%, 10/31/13

 

 

558

 

 

507,458

 

 

 

 

 

 

 

 

 

 

 

 

705,944

 

Total Floating Rate Loan Interests – 6.7%

 

 

 

 

 

65,411,054

 

 

 

Other Interests (k)

 

 

Beneficial
Interest
(000)

 

 

 

 

Auto Components — 1.6%

 

 

 

 

 

 

 

Delphi Debtor-in-Possession
Holding Co. LLP, Class B
Membership Interests

 

 

—

(l)

 

6,404,260

 

Media — 0.0%

 

 

 

 

 

 

 

Adelphia Escrow (a)

 

 

1,300

 

 

130

 

Adelphia Recovery Trust (a)

 

 

1,630

 

 

6,521

 

 

 

 

 

 

 

 

 

 

 

 

6,651

 

Specialty Retail — 0.0%

 

 

 

 

 

 

 

Buffets, Inc.

 

 

950

 

 

95

 

Total Other Interests – 1.6%

 

 

 

 

 

6,411,006

 

 

 

 

 

 

 

 

 

 

Preferred Securities

 

 

 

 

 

 

 

 

Preferred Stocks

 

Shares

 

Value

 

Diversified Financial Services — 0.5%

 

 

 

 

 

 

 

GMAC, Inc., 7.00%

 

 

2,821

 

$

2,121,921

 

Media — 0.0%

 

 

 

 

 

 

 

CMP Susquehanna Radio Holdings
Corp., 0.00% (a)(b)(f)

 

 

59,235

 

 

1

 

Thrifts & Mortgage Finance — 0.1%

 

 

 

 

 

 

 

Fannie Mae, Series O, 8.38% (a)

 

 

40,000

 

 

50,000

 

Freddie Mac, Series Z, 0.00% (a)

 

 

110,157

 

 

115,665

 

 

 

 

 

 

 

 

 

 

 

 

165,665

 

Total Preferred Securities – 0.6%

 

 

 

 

 

2,287,587

 

 

 

Warrants (m)

 

 

 

 

 

 

 

Health Care Providers & Services — 0.0%

 

 

 

 

 

 

 

HealthSouth Corp.
(expires 1/16/14)

 

 

54,577

 

 

1

 

Hotels, Restaurants & Leisure — 0.0%

 

 

 

 

 

 

 

Buffets Restaurants Holdings, Inc.
(expires 4/29/14)

 

 

802

 

 

8

 

Media — 0.0%

 

 

 

 

 

 

 

CMP Susquehanna Radio Holdings
Corp. (expires 3/26/19) (b)

 

 

67,691

 

 

1

 

New Vision Holdings LLC:

 

 

 

 

 

 

 

(expires 9/30/14)

 

 

4

 

 

40

 

(expires 9/30/14)

 

 

22

 

 

222

 

 

 

 

 

 

 

 

 

 

 

 

263

 

Oil, Gas & Consumable Fuels — 0.0%

 

 

 

 

 

 

 

Turbo Cayman Ltd. (no expiration)

 

 

2

 

 

—

 

Software — 0.0%

 

 

 

 

 

 

 

HMH Holdings/EduMedia
(expires 3/09/17)

 

 

22,578

 

 

—

 

Total Warrants – 0.0%

 

 

 

 

 

272

 

Total Long-Term Investments
(Cost – $487,278,710) – 120.6%

 

 

 

 

 

473,500,056

 

 

 

Short-Term Securities

 

 

 

 

 

 

 

BlackRock Liquidity Funds,
TempFund, Institutional Class,
0.16% (n)(o)

 

 

1,699,793

 

 

1,699,793

 

Total Short-Term Securities
(Cost – $1,699,793) – 0.4%

 

 

 

 

 

1,699,793

 

 

 

 

8

BLACKROCK CORPORATE HIGH YIELD FUND VI, INC.

MAY 31, 2010

 

 

 

Schedule of Investments (continued)

BlackRock Corporate High Yield Fund VI, Inc. (HYT)

 

(Percentages shown are based on Net Assets)

 

 

 

 

 

 

 

 

 

 

 

 

Value

 

Total Investments
(Cost – $488,978,503*) – 121.0%

 

 

 

 

$

475,199,849

 

Liabilities in Excess of Other Assets – (21.0)%

 

 

 

 

 

(82,325,104

)

 

 

 

 

 

Net Assets – 100.0%

 

 

 

 

$

392,874,745

 

 

 

 

 

 

 

 

*

The cost and unrealized appreciation (depreciation) of investments as of May 31, 2010, as computed for federal income tax purposes, were as follows:


 

 

 

 

 

Aggregate cost

 

$

490,637,336

 

 

 

Gross unrealized appreciation

 

$

16,763,861

 

Gross unrealized depreciation

 

 

(32,201,348

)

 

 

Net unrealized depreciation

 

$

(15,437,487

)

 

 

 

 

(a)

Non-income producing security.

 

 

(b)

Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional investors.

 

 

(c)

Represents a payment-in-kind security which may pay interest/dividends in additional face/shares.

 

 

(d)

Convertible security.

 

 

(e)

Represents a zero-coupon bond. Rate shown reflects the current yield as of report date.

 

 

(f)

Variable rate security. Rate shown is as of report date.

 

 

(g)

All or a portion of security has been pledged as collateral in connection with swaps.

 

 

(h)

Represents a step-down bond that pays an initial coupon rate for the first period and then a lower coupon rate for the following periods. Rate shown is as of report date.

 

 

(i)

Issuer filed for bankruptcy and/or is in default of interest payments.

 

 

(j)

Represents a step-up bond that pays an initial coupon rate for the first period and then a higher coupon rate for the following periods. Rate shown is as of report date.

 

 

(k)

Other interests represent beneficial interest in liquidation trusts and other reorganization entities and are non-income producing.

 

 

(l)

Amount is less than $1,000.

 

 

(m)

Warrants entitle the Fund to purchase a predetermined number of shares of common stock and are non-income producing. The purchase price and number of shares are subject to adjustment under certain conditions until the expiration date.

 

 

(n)

Investments in companies considered to be an affiliate of the Fund during the period, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Affiliate

 

Shares Held
at August
31, 2009

 

Net Activity

 

Shares Held
at May 31,
2010

 

Income

 

 

 

BlackRock
Liquidity Funds,
TempFund,
Institutional
Class

 

 

2,267,254

 

 

(567,461

)

 

1,699,793

 

$

3,303

 

 

 

 

(o)

Represents the current yield as of report date.

 

 

 

 

 

BLACKROCK CORPORATE HIGH YIELD FUND VI, INC.

MAY 31, 2010

9


 

 

 

Schedule of Investments (continued)

BlackRock Corporate High Yield Fund VI, Inc. (HYT)

 

 

•

Financial futures contracts sold as of May 31, 2010 were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

Contracts

 

Issue

 

Expiration
Date

 

Notional
Value

 

Unrealized
Appreciation

 

     30

 

S&P 500 Index

 

June 2010

 

$

8,168,546

 

$

4,796

 

 

 

•

Foreign currency exchange contracts as of May 31, 2010 were as follows:


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Currency
Purchased

 

Currency
Sold

 

Counterparty

 

Settlement
Date

 

Unrealized
Appreciation
(Depreciation)

 

EUR

 

630,000

 

USD

 

781,634

 

Citibank NA

 

7/14/10

 

$

(8,127

)

EUR

 

273,000

 

USD

 

343,695

 

Citigroup Global

 

7/14/10

 

 

(8,509

)

USD

 

26,364,581

 

EUR

 

21,007,500

 

BNP Paribas

 

7/14/10

 

 

571,817

 

GBP

 

1,871,000

 

USD

 

2,776,936

 

Citibank NA

 

7/28/10

 

 

(70,788

)

USD

 

344,274

 

CAD

 

345,000

 

Citibank NA

 

7/28/10

 

 

16,509

 

USD

 

4,736,790

 

GBP

 

3,061,500

 

Royal Bank of Scotland Plc

 

7/28/10

 

 

308,745

 

Total

 

 

 

 

 

 

 

 

 

 

 

$

809,647

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

•

Credit default swaps on single-name issues – buy protection outstanding as of May 31, 2010 were as follows:


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Issuer

 

Pay
Fixed
Rate

 

Counterparty

 

Expiration

 

Notional
Amount
(000)

 

Unrealized
Appreciation
(Depreciation)

 

Wells Fargo & Co.

 

1.00

%

 

JPMorgan Chase Bank NA

 

June 2011

 

USD

 

6,500

 

$

9

 

K. Hovnanian Enterprises, Inc.

 

5.00

%

 

Goldman Sachs International

 

December 2011

 

USD

 

805

 

 

8,736

 

K. Hovnanian Enterprises, Inc.

 

5.00

%

 

Goldman Sachs Bank USA

 

December 2013

 

USD

 

1,600

 

 

(17,809

)

Louisiana-Pacific Corp.

 

5.00

%

 

JPMorgan Chase Bank NA

 

March 2014

 

USD

 

500

 

 

(121,425

)

Macy’s, Inc.

 

8.05

%

 

Goldman Sachs Bank USA

 

March 2014

 

USD

 

900

 

 

(213,321

)

Brunswick Corp.

 

5.00

%

 

Goldman Sachs Bank USA

 

September 2014

 

USD

 

325

 

 

(28,949

)

Centex Corp.

 

1.00

%

 

Deutsche Bank AG

 

September 2014

 

USD

 

288

 

 

3,133

 

Boston Scientific Corp.

 

1.00

%

 

Goldman Sachs International

 

December 2014

 

 

 

900

 

 

30,590

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

$

(339,036

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

•

Credit default swaps on single-name issues – sold protection outstanding as May 31, 2010 were as follows:


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Issuer

 

Receive
Fixed
Rate

 

Counterparty

 

Expiration

 

Credit
Rating1

 

Notional
Amount
(000)2

 

Unrealized
Appreciation
(Depreciation)

 

Advanced Micro
Devices, Inc.

 

5.00%

 

JPMorgan Chase Bank NA

 

March 2015

 

B-

 

USD

 

1,150

 

$

98

 

Realogy Corp.

 

5.00%

 

Credit Suisse International

 

March 2015

 

C

 

USD

 

175

 

 

(887

)

Realogy Corp.

 

5.00%

 

JPMorgan Chase Bank NA

 

March 2015

 

C

 

USD

 

775

 

 

(37,331

)

AK Steel Corp.

 

5.00%

 

Credit Suisse International

 

June 2015

 

BB

 

USD

 

1,075

 

 

(110,816

)

AK Steel Corp.

 

5.00%

 

Goldman Sachs International

 

June 2015

 

BB

 

USD

 

950

 

 

(71,110

)

AK Steel Corp.

 

5.00%

 

JPMorgan Chase Bank NA

 

June 2015

 

BB

 

USD

 

200

 

 

(22,123

)

Levi Strauss & Co.

 

5.00%

 

Goldman Sachs International

 

June 2015

 

B+

 

USD

 

370

 

 

(4,764

)

NOVA Chemicals Corp.

 

5.00%

 

Goldman Sachs International

 

June 2015

 

B+

 

USD

 

575

 

 

(24,398

)

United Rentals (North America), Inc.

 

5.00%

 

Credit Suisse International

 

June 2015

 

B

 

USD

 

750

 

 

(35,189

)

United Rentals (North America), Inc.

 

5.00%

 

Goldman Sachs Bank USA

 

June 2015

 

B

 

USD

 

225

 

 

(8,669

)

United Rentals (North America), Inc.

 

5.00%

 

Goldman Sachs International

 

June 2015

 

B

 

USD

 

750

 

 

(22,392

)

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

$

(337,581

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1

Using Standard & Poor’s ratings of the issuer.

 

 

2

Using maximum potential amount the Fund may be required to pay should a negative credit event take place as defined under the terms of agreement.

 

 

•

For Fund compliance purposes, the Fund’s sector classifications refer to any one or more of the sector sub-classifications used by one or more widely recognized market indexes or ratings group indexes and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine sector sub-classifications for reporting ease.


 

 

 

10

BLACKROCK CORPORATE HIGH YIELD FUND VI, INC.

MAY 31, 2010


 

 

 

Schedule of Investments (continued)

BlackRock Corporate High Yield Fund VI, Inc. (HYT)

 

 

 

•

Fair Value Measurements - Various inputs are used in determining the fair value of investments, which are as follows:

 

 

 

 

•

Level 1 — price quotations in active markets/exchanges for identical assets and liabilities

 

 

 

 

•

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

 

 

 

 

•

Level 3 — unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Fund’s own assumptions used in determining the fair value of investments)

The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For information about the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent financial statements as contained in its semi-annual report.

The following tables summarize the inputs used as of May 31, 2010 in determining the fair valuation of the Fund’s investments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Securities

Valuation
Inputs

 

Level 1

 

Level 2

 

Level 3

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

Long-Term

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments:

 

 

 

 

 

 

 

 

 

 

 

 

 

Common

 

 

 

 

 

 

 

 

 

 

 

 

 

Stocks

 

$

8,664,547

 

$

1,121,277

 

$

1,402,758

 

$

11,188,582

 

Corporate

 

 

 

 

 

 

 

 

 

 

 

 

 

Bonds

 

 

—

 

 

382,986,973

 

 

5,214,582

 

 

388,201,555

 

Floating Rate

 

 

 

 

 

 

 

 

 

 

 

 

 

Loan Interests

 

 

—

 

 

44,652,579

 

 

20,758,475

 

 

65,411,054

 

Other Interests

 

 

—

 

 

—

 

 

6,411,006

 

 

6,411,006

 

Preferred

 

 

 

 

 

 

 

 

 

 

 

 

 

Stocks

 

 

115,665

 

 

2,171,921

 

 

1

 

 

2,287,587

 

Warrants

 

 

—

 

 

—

 

 

272

 

 

272

 

Short-Term

 

 

 

 

 

 

 

 

 

 

 

 

 

Securities

 

 

1,699,793

 

 

—

 

 

—

 

 

1,699,793

 

Total

 

$

10,480,005

 

$

430,932,750

 

$

33,787,094

 

$

475,199,849

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Financial Instruments1

Valuation
Inputs

 

Level 1

 

Level 2

 

Level 3

 

Total

 

Assets:

 

$

4,796

 

$

939,637

 

 

—

 

$

944,433

 

Liabilities:

 

 

—

 

 

(806,607

)

$

(36,123

)

 

(842,730

)

Total

 

$

4,796

 

$

133,030

 

$

(36,123

)

$

101,703

 

 

 

 

 

 

 

1

Other financial instruments are financial futures contracts, swaps, unfunded loan commitments and foreign currency exchange contracts which are shown at the unrealized appreciation/depreciation on the instrument.


 

 

 

 

 

BLACKROCK CORPORATE HIGH YIELD FUND VI, INC.

MAY 31, 2010

11


 

 

 

Schedule of Investments (concluded)

BlackRock Corporate High Yield Fund VI, Inc. (HYT)

 

 

 

The following table is a reconciliation of Level 3 investments for which significant unobservable inputs were used to determine fair value:


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common
Stocks

 

Corporate
Bonds

 

Floating Rate
Loan
Interests

 

Other
Interests

 

Preferred
Stocks

 

Warrants

 

Total

 

Balance, as of August 31, 2009

 

$

672

 

$

2,197,802

 

$

33,422,195

 

$

6,747

 

$

1

 

$

10

 

$

35,627,427

 

Accrued discounts/premiums

 

 

—

 

 

38,109

 

 

25,632

 

 

—

 

 

—

 

 

—

 

 

63,741

 

Realized gain (loss)

 

 

—

 

 

368,701

 

 

(7,320,268

)

 

—

 

 

—

 

 

—

 

 

(6,951,567

)

Change in unrealized appreciation/depreciation2

 

 

12,171

 

 

(365,494

)

 

18,759,009

 

 

(2,093

)

 

—

 

 

(8

)

 

18,403,585

 

Net purchases (sales)

 

 

—

 

 

(791,451

)

 

(17,182,530

)

 

—

 

 

—

 

 

—

 

 

(17,973,981

)

Net transfers in/out of Level 3

 

 

1,389,915

 

 

3,766,915

 

 

(6,945,563

)

 

6,406,352

 

 

—

 

 

270

 

 

4,617,889

 

Balance, as of May 31, 2010

 

$

1,402,758

 

$

5,214,582

 

$

20,758,475

 

$

6,411,006

 

$

1

 

$

272

 

$

33,787,094

 

 

 

 

 

 

 

2

The change in unrealized appreciation/depreciation on securities still held at May 31, 2010 was $3,868,782.


 

 

 

 

 

The following table is a reconciliation of Level 3 other financial instruments for which significant unobservable inputs were used to determine fair value:

 

 

Other Financial Instruments3

 

Balance, as of August 31, 2009

 

 

—

 

Accrued discounts/premiums

 

 

—

 

Realized gain (loss)

 

 

—

 

Change in unrealized appreciation/depreciation

 

$

(36,123

)

Net purchases (sales)

 

 

—

 

Net transfer in/out of Level 3

 

 

—

 

 

Balance, as of May 31, 2010

 

$

(36,123

)

 

 

 

3

Other financial instruments are unfunded loan commitments.

 

 

 

12

BLACKROCK CORPORATE HIGH YIELD FUND VI, INC.

MAY 31, 2010

Item 2 –

Controls and Procedures

 

 

2(a) –

The registrant's principal executive and principal financial officers or persons performing similar functions have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”)) are effective as of a date within 90 days of the filing of this report based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rule 13(a)-15(b) under the Securities Exchange Act of 1934, as amended.

 

 

2(b) –

There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.

 

 

Item 3 –

Exhibits

 

 

 

Certifications – Attached hereto

 

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

 

BlackRock Corporate High Yield Fund VI, Inc.
   
  By: /s/ Anne F. Ackerley  
    Anne F. Ackerley  
    Chief Executive Officer of
    BlackRock Corporate High Yield Fund VI, Inc.
   
  Date: July 23, 2010
   
  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/ Anne F. Ackerley  
    Anne F. Ackerley  
    Chief Executive Officer (principal executive officer) of
    BlackRock Corporate High Yield Fund VI, Inc.
   
  Date: July 23, 2010
   
  By: /s/ Neal J. Andrews  
    Neal J. Andrews  
    Chief Financial Officer (principal financial officer) of
    BlackRock Corporate High Yield Fund VI, Inc.
   
  Date: July 23, 2010