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: 08/31/2011

 

Date of reporting period: 11/30/2010

 

Item 1 – Schedule of Investments

 

 

 

 

Schedule of Investments November 30, 2010 (Unaudited)

BlackRock Corporate High Yield Fund VI, Inc. (HYT)
(Percentages shown are based on Net Assets)

 

 

 

 

 

 

 

 

Common Stocks

 

Shares

 

Value

 

Automobiles — 0.1%

 

 

 

 

 

 

 

General Motors Co. (a)

 

 

17,420

 

$

595,764

 

Building Products — 0.2%

 

 

 

 

 

 

 

Masonite Worldwide Holdings (a)

 

 

19,572

 

 

724,164

 

Nortek, Inc. (a)

 

 

3,445

 

 

141,245

 

 

 

 

 

 

 

 

 

 

 

 

865,409

 

Capital Markets — 0.2%

 

 

 

 

 

 

 

E*Trade Financial Corp. (a)

 

 

46,400

 

 

684,400

 

Chemicals — 0.0%

 

 

 

 

 

 

 

Wellman Holdings, Inc. (a)

 

 

2,616

 

 

131

 

Communications Equipment — 0.6%

 

 

 

 

 

 

 

Loral Space & Communications
Ltd. (a)

 

 

36,431

 

 

2,662,378

 

Diversified Financial Services — 0.2%

 

 

 

 

 

 

 

Bank of America Corp.

 

 

89,000

 

 

974,550

 

Electrical Equipment — 0.0%

 

 

 

 

 

 

 

Medis Technologies Ltd. (a)

 

 

116,910

 

 

2,338

 

Food Products — 0.1%

 

 

 

 

 

 

 

Zhongpin, Inc. (a)

 

 

11,050

 

 

211,166

 

Hotels, Restaurants & Leisure — 0.0%

 

 

 

 

 

 

 

Buffets Restaurants Holdings, Inc. (a)

 

 

1,816

 

 

6,628

 

Household Durables — 0.1%

 

 

 

 

 

 

 

Beazer Homes USA, Inc. (a)

 

 

68,300

 

 

284,128

 

Machinery — 0.0%

 

 

 

 

 

 

 

Accuride Corp. (a)

 

 

3,538

 

 

41,046

 

Media — 0.2%

 

 

 

 

 

 

 

Charter Communications, Inc. (a)

 

 

25,576

 

 

857,308

 

Paper & Forest Products — 0.3%

 

 

 

 

 

 

 

Ainsworth Lumber Co. Ltd. (a)

 

 

192,951

 

 

473,661

 

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

 

 

221,591

 

 

543,967

 

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

 

 

78,039

 

 

38,770

 

 

 

 

 

 

 

 

 

 

 

 

1,056,398

 

Road & Rail — 0.2%

 

 

 

 

 

 

 

Dollar Thrifty Automotive Group,
Inc. (a)

 

 

16,300

 

 

748,496

 

Semiconductors & Semiconductor
Equipment — 0.3%

 

 

 

 

 

 

 

Spansion, Inc., Class A (a)

 

 

73,658

 

 

1,456,219

 

SunPower Corp., Class B (a)

 

 

1,235

 

 

14,171

 

 

 

 

 

 

 

 

 

 

 

 

1,470,390

 

Software — 0.2%

 

 

 

 

 

 

 

Bankruptcy Management
Solutions, Inc. (a)

 

 

787

 

 

393

 

HMH Holdings/EduMedia (a)

 

 

144,404

 

 

722,020

 

 

 

 

 

 

 

 

 

 

 

 

722,413

 

 

 

 

 

 

 

 

 

Common Stocks

 

Shares

 

Value

 

Wireless Telecommunication
Services — 0.1%

 

 

 

 

 

 

 

FiberTower Corp. (a)

 

 

127,570

 

$

556,205

 

Total Common Stocks – 2.8%

 

 

 

 

 

11,739,148

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate Bonds

 

Par
(000)

 

 

 

 

Aerospace & Defense — 0.3%

 

 

 

 

 

 

 

DynCorp International, Inc.,
10.38%, 7/01/17 (b)

USD

440

 

 

446,600

 

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

 

 

840

 

 

937,650

 

 

 

 

 

 

 

 

 

 

 

 

1,384,250

 

Airlines — 3.0%

 

 

 

 

 

 

 

Air Canada, 9.25%, 8/01/15 (b)

 

 

1,640

 

 

1,713,800

 

American Airlines, Inc., 10.50%,
10/15/12

 

 

1,470

 

 

1,605,975

 

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

 

 

510

 

 

534,225

 

Continental Airlines, Inc.:

 

 

 

 

 

 

 

6.75%, 9/15/15 (b)

 

 

900

 

 

925,875

 

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

 

 

1,491

 

 

1,479,886

 

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

 

 

358

 

 

363,767

 

Series 2010-1-B, 6.00%,
7/12/20 (c)

 

 

700

 

 

707,000

 

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

 

 

1,520

 

 

1,653,415

 

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

 

 

3,093

 

 

3,471,381

 

 

 

 

 

 

 

 

 

 

 

 

12,455,324

 

Auto Components — 1.4%

 

 

 

 

 

 

 

Allison Transmission, Inc. (b):

 

 

 

 

 

 

 

11.00%, 11/01/15

 

 

360

 

 

389,700

 

11.25%, 11/01/15 (d)

 

 

284

 

 

308,140

 

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

 

 

69

 

 

71,555

 

Icahn Enterprises LP, 8.00%,
1/15/18

 

 

5,060

 

 

5,022,050

 

 

 

 

 

 

 

 

 

 

 

 

5,791,445

 

Beverages — 0.2%

 

 

 

 

 

 

 

Cott Beverages, Inc., 8.13%,
9/01/18

 

 

413

 

 

441,910

 

 

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.

NOVEMBER 30, 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

 

Beverages (concluded)

 

 

 

 

 

 

 

Crown European Holdings SA,
7.13%, 8/15/18 (b)

EUR

380

 

$

504,355

 

 

 

 

 

 

 

 

 

 

 

 

946,265

 

Biotechnology — 0.2%

 

 

 

 

 

 

 

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

USD

840

 

 

847,958

 

Building Products — 3.0%

 

 

 

 

 

 

 

Associated Materials LLC, 9.13%,
11/01/17 (b)

 

 

760

 

 

775,200

 

Building Materials Corp. of America (b):

 

 

 

 

 

 

 

6.88%, 8/15/18

 

 

825

 

 

808,500

 

7.00%, 2/15/20

 

 

980

 

 

1,009,400

 

Momentive Performance Materials,
Inc., 9.00%, 1/15/21 (b)

 

 

1,985

 

 

1,975,075

 

Nortek, Inc.:

 

 

 

 

 

 

 

11.00%, 12/01/13

 

 

3,460

 

 

3,641,977

 

10.00%, 12/01/18 (b)

 

 

1,640

 

 

1,640,000

 

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

 

 

2,370

 

 

2,512,200

 

 

 

 

 

 

 

 

 

 

 

 

12,362,352

 

Capital Markets — 0.6%

 

 

 

 

 

 

 

American Capital Ltd., 8.96%,
12/31/13

 

 

780

 

 

810,467

 

E*Trade Financial Corp., 3.43%,
8/31/19 (b)(e)(f)

 

 

380

 

 

541,975

 

KKR Group Finance Co., 6.38%,
9/29/20 (b)

 

 

1,020

 

 

1,036,997

 

 

 

 

 

 

 

 

 

 

 

 

2,389,439

 

Chemicals — 3.7%

 

 

 

 

 

 

 

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

 

 

1,400

 

 

1,401,750

 

CF Industries, Inc.:

 

 

 

 

 

 

 

6.88%, 5/01/18

 

 

685

 

 

751,787

 

7.13%, 5/01/20

 

 

1,205

 

 

1,348,094

 

Chemtura Corp., 7.88%, 9/01/18 (b)

 

 

825

 

 

872,437

 

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

 

 

260

 

 

275,600

 

Hexion U.S. Finance Corp.:

 

 

 

 

 

 

 

8.88%, 2/01/18

 

 

1,225

 

 

1,261,750

 

9.00%, 11/15/20 (b)

 

 

575

 

 

570,688

 

Huntsman International LLC (b):

 

 

 

 

 

 

 

6.88%, 11/15/13

EUR

440

 

 

576,851

 

8.63%, 3/15/21

USD

780

 

 

826,800

 

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

 

 

655

 

 

677,925

 

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

 

 

1,985

 

 

2,079,287

 

OXEA Finance/Cy SCA, 9.50%,
7/15/17 (b)

 

 

865

 

 

930,956

 

Omnova Solutions, Inc., 7.88%,
11/01/18 (b)

 

 

425

 

 

422,875

 

PolyOne Corp., 7.38%, 9/15/20

 

 

335

 

 

342,538

 

Rhodia SA, 6.88%, 9/15/20 (b)

 

 

1,135

 

 

1,157,700

 

TPC Group LLC, 8.25%, 10/01/17 (b)

 

 

520

 

 

534,300

 

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

 

 

 

 

 

 

 

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

 

 

1,450

 

 

1,261,500

 

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

 

 

476

 

 

185,615

 

 

 

 

 

 

 

 

 

 

 

 

15,478,453

 

 

 

 

 

 

 

 

 

Corporate Bonds

 

Par
(000)

 

Value

 

Commercial Banks — 2.9%

 

 

 

 

 

 

 

CIT Group, Inc.:

 

 

 

 

 

 

 

7.00%, 5/01/16

USD

2,425

 

$

2,382,562

 

7.00%, 5/01/17

 

 

9,845

 

 

9,598,875

 

 

 

 

 

 

 

 

 

 

 

 

11,981,437

 

Commercial Services & Supplies — 1.3%

 

 

 

 

 

 

 

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

 

 

1,170

 

 

1,301,625

 

Brickman Group Holdings, Inc.,
9.13%, 11/01/18 (b)

 

 

475

 

 

480,938

 

Mobile Mini, Inc., 7.88%,
12/01/20 (b)

 

 

360

 

 

368,550

 

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

 

 

935

 

 

1,033,175

 

West Corp. (b):

 

 

 

 

 

 

 

8.63%, 10/01/18

 

 

1,520

 

 

1,580,800

 

7.88%, 1/15/19

 

 

605

 

 

597,437

 

 

 

 

 

 

 

 

 

 

 

 

5,362,525

 

Computers & Peripherals — 0.1%

 

 

 

 

 

 

 

SanDisk Corp., 1.50%, 8/15/17 (e)

 

 

580

 

 

619,875

 

Consumer Finance — 0.7%

 

 

 

 

 

 

 

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

 

 

1,080

 

 

1,128,600

 

Ford Motor Credit Co. LLC:

 

 

 

 

 

 

 

3.04%, 1/13/12 (g)

 

 

340

 

 

340,000

 

7.80%, 6/01/12

 

 

300

 

 

318,036

 

6.63%, 8/15/17

 

 

1,140

 

 

1,175,022

 

 

 

 

 

 

 

 

 

 

 

 

2,961,658

 

Containers & Packaging — 2.5%

 

 

 

 

 

 

 

Ardagh Packaging Finance Plc,
7.38%, 10/15/17 (b)

EUR

680

 

 

869,430

 

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

USD

785

 

 

836,025

 

Berry Plastics Corp.:

 

 

 

 

 

 

 

8.25%, 11/15/15

 

 

215

 

 

223,600

 

9.75%, 1/15/21 (b)

 

 

1,090

 

 

1,043,675

 

Graham Packaging Co. LP, 8.25%,
10/01/18

 

 

390

 

 

395,850

 

Graphic Packaging International, Inc.:

 

 

 

 

 

 

 

9.50%, 6/15/17

 

 

1,245

 

 

1,350,825

 

7.88%, 10/01/18

 

 

620

 

 

643,250

 

Impress Holdings BV, 3.41%,
9/15/13 (b)(g)

 

 

595

 

 

590,538

 

OI European Group BV, 6.88%,
3/31/17

EUR

254

 

 

337,121

 

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

USD

1,920

 

 

1,910,400

 

Smurfit Kappa Acquisitions (b):

 

 

 

 

 

 

 

7.25%, 11/15/17

EUR

785

 

 

1,029,154

 

7.75%, 11/15/19

 

 

745

 

 

993,636

 

 

 

 

 

 

 

 

 

 

 

 

10,223,504

 

Diversified Consumer Services — 1.2%

 

 

 

 

 

 

 

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

USD

4,775

 

 

4,912,281

 

Diversified Financial Services — 5.9%

 

 

 

 

 

 

 

Ally Financial Inc.:

 

 

 

 

 

 

 

7.50%, 12/31/13

 

 

700

 

 

736,750

 

2.50%, 12/01/14 (g)

 

 

635

 

 

568,347

 

8.30%, 2/12/15

 

 

3,510

 

 

3,694,275

 

6.25%, 12/01/17 (b)

 

 

1,230

 

 

1,180,800

 

8.00%, 3/15/20 (b)

 

 

2,840

 

 

2,925,200

 

7.50%, 9/15/20 (b)

 

 

3,060

 

 

2,998,800

 

 

 

 

2

BLACKROCK CORPORATE HIGH YIELD FUND VI, INC.

NOVEMBER 30, 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)

 

 

 

 

 

 

 

Ally Financial Inc. (concluded):

 

 

 

 

 

 

 

8.00%, 11/01/31

USD

480

 

$

490,269

 

8.00%, 11/01/31

 

 

940

 

 

972,900

 

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

 

 

695

 

 

724,537

 

FCE Bank Plc, 7.13%, 1/15/13

EUR

1,450

 

 

1,933,923

 

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

USD

1,870

 

 

2,028,950

 

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

 

 

2,050

 

 

2,137,125

 

Reynolds Group Issuer, Inc. (b):

 

 

 

 

 

 

 

7.75%, 10/15/16

EUR

600

 

 

802,191

 

7.13%, 4/15/19

USD

910

 

 

925,925

 

9.00%, 4/15/19

 

 

2,260

 

 

2,299,550

 

 

 

 

 

 

 

 

 

 

 

 

24,419,542

 

Diversified Telecommunication Services — 3.7%

 

 

 

 

 

 

 

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

 

 

1,680

 

 

1,646,400

 

Frontier Communications Corp.:

 

 

 

 

 

 

 

8.25%, 4/15/17

 

 

748

 

 

822,800

 

8.50%, 4/15/20

 

 

500

 

 

550,000

 

GCI, Inc., 8.63%, 11/15/19

 

 

1,700

 

 

1,848,750

 

ITC Deltacom, Inc., 10.50%, 4/01/16

 

 

550

 

 

589,875

 

Level 3 Communications, Inc.,
6.50%, 10/01/16 (e)

 

 

210

 

 

229,163

 

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

 

 

340

 

 

362,100

 

Qwest Communications International, Inc.:

 

 

 

 

 

 

 

7.50%, 2/15/14

 

 

3,190

 

 

3,221,900

 

8.00%, 10/01/15

 

 

900

 

 

956,250

 

Series B, 7.50%, 2/15/14

 

 

2,370

 

 

2,393,700

 

Qwest Corp., 7.63%, 6/15/15

 

 

875

 

 

1,008,437

 

Windstream Corp.:

 

 

 

 

 

 

 

8.13%, 8/01/13

 

 

703

 

 

768,027

 

7.88%, 11/01/17

 

 

1,017

 

 

1,067,850

 

 

 

 

 

 

 

 

 

 

 

 

15,465,252

 

Electronic Equipment, Instruments
& Components — 0.2%

 

 

 

 

 

 

 

NXP BV, 3.05%, 10/15/13 (g)

 

 

680

 

 

642,600

 

Energy Equipment & Services — 1.7%

 

 

 

 

 

 

 

Calfrac Holdings LP, 7.50%,
12/01/20 (b)

 

 

380

 

 

378,100

 

Compagnie Generale de Geophysique-
Veritas:

 

 

 

 

 

 

 

7.50%, 5/15/15

 

 

1,535

 

 

1,573,375

 

7.75%, 5/15/17

 

 

395

 

 

414,750

 

Exterran Holdings, Inc., 7.25%,
12/01/18 (b)

 

 

685

 

 

685,000

 

Frac Tech Services LLC, 7.13%,
11/15/18 (b)

 

 

965

 

 

957,762

 

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

 

 

390

 

 

386,100

 

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

 

 

1,055

 

 

1,171,050

 

Precision Drilling Corp., 6.63%,
11/15/20 (b)

 

 

585

 

 

590,850

 

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

 

 

850

 

 

905,250

 

 

 

 

 

 

 

 

 

 

 

 

7,062,237

 

 

 

 

 

 

 

 

 

Corporate Bonds

 

Par
(000)

 

Value

 

Food & Staples Retailing — 0.8%

 

 

 

 

 

 

 

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

USD

910

 

$

891,800

 

Rite Aid Corp.:

 

 

 

 

 

 

 

9.75%, 6/12/16

 

 

660

 

 

708,675

 

7.50%, 3/01/17

 

 

945

 

 

890,663

 

8.00%, 8/15/20 (b)

 

 

820

 

 

844,600

 

 

 

 

 

 

 

 

 

 

 

 

3,335,738

 

Food Products — 0.4%

 

 

 

 

 

 

 

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

 

 

340

 

 

352,325

 

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

 

 

690

 

 

696,900

 

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

 

 

190

 

 

214,700

 

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

 

 

250

 

 

271,250

 

 

 

 

 

 

 

 

 

 

 

 

1,535,175

 

Health Care Equipment & Supplies — 1.5%

 

 

 

 

 

 

 

DJO Finance LLC, 10.88%, 11/15/14

 

 

3,810

 

 

4,152,900

 

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

 

 

2,150

 

 

1,994,125

 

 

 

 

 

 

 

 

 

 

 

 

6,147,025

 

Health Care Providers & Services — 5.0%

 

 

 

 

 

 

 

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

 

 

435

 

 

450,225

 

DaVita, Inc., 6.38%, 11/01/18

 

 

620

 

 

614,575

 

Gentiva Health Services, Inc.,
11.50%, 9/01/18 (b)

 

 

1,095

 

 

1,200,394

 

HCA, Inc.:

 

 

 

 

 

 

 

9.13%, 11/15/14

 

 

2,745

 

 

2,861,662

 

8.50%, 4/15/19

 

 

1,550

 

 

1,689,500

 

7.25%, 9/15/20

 

 

3,605

 

 

3,780,744

 

inVentiv Health, Inc., 10.00%,
8/15/18 (b)

 

 

1,020

 

 

1,002,150

 

Omnicare, Inc.:

 

 

 

 

 

 

 

6.13%, 6/01/13

 

 

395

 

 

392,038

 

7.75%, 6/01/20

 

 

980

 

 

1,004,500

 

Tenet Healthcare Corp.:

 

 

 

 

 

 

 

9.00%, 5/01/15

 

 

2,935

 

 

3,147,787

 

10.00%, 5/01/18

 

 

1,050

 

 

1,173,375

 

8.88%, 7/01/19

 

 

3,360

 

 

3,578,400

 

 

 

 

 

 

 

 

 

 

 

 

20,895,350

 

Health Care Technology — 1.1%

 

 

 

 

 

 

 

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

 

 

3,760

 

 

4,380,400

 

MedAssets, Inc., 8.00%, 11/15/18 (b)

 

 

255

 

 

256,912

 

 

 

 

 

 

 

 

 

 

 

 

4,637,312

 

Hotels, Restaurants & Leisure — 3.0%

 

 

 

 

 

 

 

Diamond Resorts Corp., 12.00%,
8/15/18 (b)

 

 

1,860

 

 

1,897,200

 

Dunkin Finance Corp., 9.63%,
12/01/18 (b)

 

 

805

 

 

810,031

 

Enterprise Inns Plc, 6.50%,
12/06/18

GBP

656

 

 

867,612

 

Harrah’s Operating Co., Inc.:

 

 

 

 

 

 

 

11.25%, 6/01/17

USD

980

 

 

1,068,200

 

10.00%, 12/15/18

 

 

3,095

 

 

2,615,275

 

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

 

 

2,575

 

 

1,039,656

 

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

 

 

621

 

 

512,325

 

 

 

 

BLACKROCK CORPORATE HIGH YIELD FUND VI, INC.

NOVEMBER 30, 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)

 

 

 

 

 

 

 

MGM Resorts International:

 

 

 

 

 

 

 

10.38%, 5/15/14

 

USD

415

 

$

460,650

 

11.13%, 11/15/17

 

 

1,310

 

 

1,480,300

 

Marina District Finance Co., Inc.,

 

 

 

 

 

 

 

9.88%, 8/15/18 (b)

 

 

360

 

 

344,700

 

Travelport LLC:

 

 

 

 

 

 

 

4.92%, 9/01/14 (g)

 

 

195

 

 

176,475

 

9.88%, 9/01/14

 

 

320

 

 

316,800

 

9.00%, 3/01/16 (b)

 

 

190

 

 

188,575

 

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

 

 

515

 

 

1,236

 

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

 

 

1,500

 

 

637,500

 

 

 

 

 

 

 

 

 

 

 

 

12,416,535

 

Household Durables — 3.6%

 

 

 

 

 

 

 

Beazer Homes USA, Inc.:

 

 

 

 

 

 

 

8.13%, 6/15/16

 

 

495

 

 

477,675

 

12.00%, 10/15/17

 

 

2,080

 

 

2,381,600

 

9.13%, 6/15/18

 

 

3,240

 

 

3,110,400

 

Jarden Corp., 7.50%, 1/15/20

 

EUR

455

 

 

606,852

 

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

 

USD

2,730

 

 

2,760,712

 

Ryland Group Inc., 6.63%,
5/01/20

 

 

1,045

 

 

1,008,425

 

Standard Pacific Corp.:

 

 

 

 

 

 

 

9.25%, 4/15/12

 

 

210

 

 

226,800

 

6.25%, 4/01/14

 

 

570

 

 

592,800

 

7.00%, 8/15/15

 

 

420

 

 

432,600

 

10.75%, 9/15/16

 

 

2,355

 

 

2,684,700

 

8.38%, 5/15/18

 

 

680

 

 

700,400

 

 

 

 

 

 

 

 

 

 

 

 

14,982,964

 

Household Products — 0.1%

 

 

 

 

 

 

 

Viking Acquisition, Inc., 9.25%,
11/01/18 (b)

 

 

390

 

 

389,025

 

IT Services — 1.3%

 

 

 

 

 

 

 

First Data Corp.:

 

 

 

 

 

 

 

9.88%, 9/24/15

 

 

175

 

 

148,750

 

10.55%, 9/24/15 (d)

 

 

1,760

 

 

1,486,588

 

8.88%, 8/15/20 (b)

 

 

1,980

 

 

2,059,200

 

SunGard Data Systems, Inc. (b):

 

 

 

 

 

 

 

7.38%, 11/15/18

 

 

740

 

 

732,600

 

7.63%, 11/15/20

 

 

930

 

 

930,000

 

 

 

 

 

 

 

 

 

 

 

 

5,357,138

 

Independent Power Producers &
Energy Traders — 2.8%

 

 

 

 

 

 

 

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

 

 

2,010

 

 

2,115,525

 

Calpine Corp., 7.50%, 2/15/21 (b)

 

 

730

 

 

717,225

 

Energy Future Holdings Corp.,
10.00%, 1/15/20 (b)

 

 

5,200

 

 

5,320,401

 

Energy Future Intermediate
Holding Co. LLC, 10.00%,
12/01/20

 

 

271

 

 

277,952

 

NRG Energy, Inc.:

 

 

 

 

 

 

 

7.25%, 2/01/14

 

 

1,960

 

 

1,999,200

 

7.38%, 2/01/16

 

 

1,020

 

 

1,025,100

 

 

 

 

 

 

 

 

 

 

 

 

11,455,403

 

 

 

 

 

 

 

 

 

Corporate Bonds

 

Par
(000)

 

Value

 

Industrial Conglomerates — 2.6%

 

 

 

 

 

 

 

Sequa Corp. (b):

 

 

 

 

 

 

 

11.75%, 12/01/15

 

USD

3,810

 

$

4,067,175

 

13.50%, 12/01/15 (d)

 

 

6,236

 

 

6,766,182

 

 

 

 

 

 

 

 

 

 

 

 

10,833,357

 

Insurance — 0.9%

 

 

 

 

 

 

 

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

 

 

2,600

 

 

2,684,500

 

USI Holdings Corp., 4.16%,
11/15/14 (b)(g)

 

 

1,070

 

 

914,850

 

 

 

 

 

 

 

 

 

 

 

 

3,599,350

 

Life Sciences Tools & Services — 0.2%

 

 

 

 

 

 

 

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

 

 

910

 

 

914,550

 

Machinery — 1.7%

 

 

 

 

 

 

 

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

 

 

1,650

 

 

1,487,062

 

Navistar International Corp.:

 

 

 

 

 

 

 

3.00%, 10/15/14 (e)

 

 

2,840

 

 

3,503,850

 

8.25%, 11/01/21

 

 

1,250

 

 

1,340,625

 

Oshkosh Corp., 8.25%, 3/01/17

 

 

220

 

 

236,500

 

Titan International, Inc., 7.88%,
10/01/17 (b)

 

 

620

 

 

644,800

 

 

 

 

 

 

 

 

 

 

 

 

7,212,837

 

Marine — 0.7%

 

 

 

 

 

 

 

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

 

 

3,340

 

 

3,043,575

 

Media — 10.6%

 

 

 

 

 

 

 

Affinion Group, Inc., 7.88%,
12/15/18 (b)

 

 

135

 

 

124,538

 

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

 

 

876

 

 

1,030,849

 

CCO Holdings LLC (b):

 

 

 

 

 

 

 

7.88%, 4/30/18

 

 

730

 

 

755,550

 

8.13%, 4/30/20

 

 

730

 

 

766,500

 

CMP Susquehanna Corp., 3.44%,
5/15/14 (b)

 

 

254

 

 

5,080

 

CSC Holdings, Inc., 8.50%,
4/15/14

 

 

550

 

 

602,938

 

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

 

 

935

 

 

995,775

 

Checkout Holding Corp., 10.99%,
11/15/15 (b)(f)

 

 

1,360

 

 

822,800

 

Clear Channel Worldwide Holdings, Inc.:

 

 

 

 

 

 

 

9.25%, 12/15/17

 

 

1,313

 

 

1,391,780

 

Series B, 9.25%, 12/15/17

 

 

6,656

 

 

7,105,280

 

Cox Enterprises, Inc.:

 

 

 

 

 

 

 

Loan Close 2, 4.00%, 8/15/18

 

 

999

 

 

998,690

 

Loan Close 3, 12.00%,

 

 

 

 

 

 

 

8/15/18

 

 

1,155

 

 

1,155,000

 

Shares Loan, 4.00%, 8/15/18

 

 

1,178

 

 

1,177,586

 

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

 

 

150

 

 

159,750

 

Gray Television, Inc., 10.50%,
6/29/15

 

 

715

 

 

715,000

 

Harland Clarke Holdings Corp.:

 

 

 

 

 

 

 

6.00%, 5/15/15 (g)

 

 

550

 

 

445,500

 

9.50%, 5/15/15

 

 

660

 

 

610,500

 

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

 

 

2,190

 

 

2,304,975

 

Interactive Data Corp., 10.25%,
8/01/18 (b)

 

 

1,600

 

 

1,728,000

 

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

 

 

580

 

 

858,400

 

 

 

 

4

BLACKROCK CORPORATE HIGH YIELD FUND VI, INC.

NOVEMBER 30, 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)

 

 

 

 

 

 

 

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

 

USD

1,748

 

$

1,922,800

 

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

 

 

1,640

 

 

1,656,400

 

The McClatchy Co., 11.50%,
2/15/17

 

 

575

 

 

602,313

 

Nielsen Finance LLC:

 

 

 

 

 

 

 

11.63%, 2/01/14

 

 

225

 

 

256,500

 

7.75%, 10/15/18 (b)

 

 

3,425

 

 

3,484,937

 

ProQuest LLC, 9.00%, 10/15/18 (b)

 

 

775

 

 

798,250

 

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

 

 

2,570

 

 

2,669,587

 

Regal Entertainment Group,
9.13%, 8/15/18

 

 

520

 

 

548,600

 

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

 

 

985

 

 

985,000

 

UPC Germany GmbH (b):

 

 

 

 

 

 

 

8.13%, 12/01/17

 

 

985

 

 

1,024,400

 

8.13%, 12/01/17

 

EUR

701

 

 

941,776

 

9.63%, 12/01/19

 

 

900

 

 

1,238,334

 

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

 

USD

800

 

 

860,000

 

Unitymedia GmbH, 9.63%,
12/01/19

 

EUR

244

 

 

335,726

 

Unitymedia Hessen GmbH & Co.
KG, 8.13%, 12/01/17

 

 

120

 

 

161,217

 

Univision Communications, Inc.,
7.88%, 11/01/20 (b)

 

USD

715

 

 

731,087

 

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

 

EUR

610

 

 

787,848

 

Ziggo Finance BV, 6.13%,
11/15/17 (b)

 

 

1,240

 

 

1,569,335

 

 

 

 

 

 

 

 

 

 

 

 

44,328,601

 

Metals & Mining — 3.5%

 

 

 

 

 

 

 

Drummond Co., Inc.:

 

 

 

 

 

 

 

9.00%, 10/15/14 (b)

 

 

1,250

 

 

1,318,763

 

7.38%, 2/15/16

 

 

360

 

 

367,200

 

FMG Resources August 2006
Property Ltd., 7.00%,
11/01/15 (b)

 

 

2,385

 

 

2,414,812

 

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

 

 

3,250

 

 

3,315,000

 

Goldcorp, Inc., 2.00%, 8/01/14 (e)

 

 

930

 

 

1,128,788

 

New World Resources NV:

 

 

 

 

 

 

 

7.38%, 5/15/15

 

EUR

439

 

 

562,718

 

7.88%, 5/01/18

 

 

616

 

 

803,673

 

Newmont Mining Corp., Series A,
1.25%, 7/15/14 (e)

 

USD

665

 

 

924,350

 

Novelis, Inc., 11.50%, 2/15/15

 

 

685

 

 

842,550

 

Ryerson, Inc.:

 

 

 

 

 

 

 

7.66%, 11/01/14 (g)

 

 

640

 

 

596,800

 

12.00%, 11/01/15

 

 

450

 

 

461,813

 

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

 

 

325

 

 

346,125

 

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

 

 

360

 

 

359,550

 

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

 

 

1,015

 

 

1,075,900

 

 

 

 

 

 

 

 

 

 

 

 

14,518,042

 

 

 

 

 

 

 

 

 

Corporate Bonds

 

Par
(000)

 

Value

 

Multiline Retail — 1.9%

 

 

 

 

 

 

 

Dollar General Corp., 11.88%,
7/15/17 (d)

 

USD

6,753

 

$

7,833,480

 

Oil, Gas & Consumable Fuels — 8.5%

 

 

 

 

 

 

 

Arch Coal, Inc., 7.25%, 10/01/20

 

 

1,335

 

 

1,461,825

 

Atlas Energy Operating Co. LLC:

 

 

 

 

 

 

 

12.13%, 8/01/17

 

 

750

 

 

982,500

 

10.75%, 2/01/18

 

 

155

 

 

188,906

 

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

 

 

800

 

 

830,000

 

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

 

 

70

 

 

76,300

 

Carrizo Oil & Gas, Inc., 8.63%,
10/15/18 (b)

 

 

355

 

 

353,225

 

Chesapeake Energy Corp.:

 

 

 

 

 

 

 

6.63%, 8/15/20

 

 

2,885

 

 

2,906,637

 

2.25%, 12/15/38 (e)

 

 

1,250

 

 

940,625

 

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

 

 

460

 

 

489,900

 

Connacher Oil and Gas Ltd. (b):

 

 

 

 

 

 

 

11.75%, 7/15/14

 

 

280

 

 

301,000

 

10.25%, 12/15/15

 

 

1,755

 

 

1,728,675

 

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

 

 

3,095

 

 

3,350,337

 

Continental Resources, Inc.,
7.13%, 4/01/21 (b)

 

 

575

 

 

603,750

 

Crosstex Energy LP, 8.88%,
2/15/18

 

 

280

 

 

291,900

 

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

 

 

1,095

 

 

1,193,550

 

Energy Transfer Equity LP, 7.50%,
10/15/20

 

 

1,050

 

 

1,086,750

 

Harvest Operations Corp., 6.88%,
10/01/17 (b)

 

 

160

 

 

165,200

 

Hilcorp Energy I LP, 7.63%,
4/15/21 (b)

 

 

1,200

 

 

1,230,000

 

Linn Energy LLC (b):

 

 

 

 

 

 

 

8.63%, 4/15/20

 

 

1,715

 

 

1,817,900

 

7.75%, 2/01/21

 

 

920

 

 

933,800

 

MarkWest Energy Partners LP,
6.75%, 11/01/20

 

 

405

 

 

403,988

 

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

 

 

1,465

 

 

1,475,988

 

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

 

 

2,930

 

 

3,076,500

 

OPTI Canada, Inc. (b):

 

 

 

 

 

 

 

9.00%, 12/15/12

 

 

2,715

 

 

2,701,425

 

9.75%, 8/15/13

 

 

1,500

 

 

1,492,500

 

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

 

 

355

 

 

355,000

 

Peabody Energy Corp., 6.50%,
9/15/20

 

 

1,600

 

 

1,728,000

 

Petrohawk Energy Corp.:

 

 

 

 

 

 

 

10.50%, 8/01/14

 

 

595

 

 

670,863

 

7.88%, 6/01/15

 

 

680

 

 

700,400

 

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

 

 

700

 

 

763,000

 

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

 

 

1,020

 

 

1,111,800

 

 

 

 

 

 

 

 

 

 

 

 

35,412,244

 

Paper & Forest Products — 3.2%

 

 

 

 

 

 

 

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

 

 

1,790

 

 

1,601,855

 

Boise Paper Holdings LLC:

 

 

 

 

 

 

 

9.00%, 11/01/17

 

 

525

 

 

578,813

 

8.00%, 4/01/20

 

 

240

 

 

259,800

 

 

 

 

BLACKROCK CORPORATE HIGH YIELD FUND VI, INC.

NOVEMBER 30, 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

 

Paper & Forest Products (concluded)

 

 

 

 

 

 

 

Clearwater Paper Corp.:

 

 

 

 

 

 

 

10.63%, 6/15/16

 

USD

625

 

$

717,187

 

7.13%, 11/01/18 (b)

 

 

885

 

 

900,487

 

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

 

 

2,570

 

 

2,839,850

 

NewPage Corp., 11.38%,
12/31/14

 

 

5,045

 

 

4,565,725

 

PH Glatfelter Co., 7.13%, 5/01/16

 

 

330

 

 

340,725

 

Verso Paper Holdings LLC,
11.50%, 7/01/14

 

 

1,335

 

 

1,448,475

 

 

 

 

 

 

 

 

 

 

 

 

13,252,917

 

Pharmaceuticals — 0.8%

 

 

 

 

 

 

 

Angiotech Pharmaceuticals, Inc.,
4.05%, 12/01/13 (g)

 

 

1,441

 

 

1,178,018

 

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

 

EUR

979

 

 

838,718

 

Valeant Pharmaceuticals
International (b):

 

 

 

 

 

 

 

6.75%, 10/01/17

 

USD

590

 

 

582,625

 

7.00%, 10/01/20

 

 

750

 

 

731,250

 

 

 

 

 

 

 

 

 

 

 

 

3,330,611

 

Professional Services — 0.3%

 

 

 

 

 

 

 

FTI Consulting, Inc., 6.75%,
10/01/20 (b)

 

 

1,450

 

 

1,464,500

 

Real Estate Investment Trusts (REITs) — 0.4%

 

 

 

 

 

 

 

Omega Healthcare Investors, Inc.,
6.75%, 10/15/22 (b)

 

 

830

 

 

827,925

 

The Rouse Co. LP, 6.75%,
11/09/15

 

 

805

 

 

825,125

 

 

 

 

 

 

 

 

 

 

 

 

1,653,050

 

Real Estate Management & Development — 0.6%

 

 

 

 

 

 

 

CB Richard Ellis Services, Inc.,
6.63%, 10/15/20 (b)

 

 

520

 

 

520,000

 

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

 

 

2,300

 

 

2,144,750

 

 

 

 

 

 

 

 

 

 

 

 

2,664,750

 

Road & Rail — 1.5%

 

 

 

 

 

 

 

Avis Budget Car Rental LLC:

 

 

 

 

 

 

 

9.63%, 3/15/18

 

 

800

 

 

838,000

 

8.25%, 1/15/19 (b)

 

 

890

 

 

869,975

 

The Hertz Corp., 7.50%,
10/15/18 (b)

 

 

1,620

 

 

1,636,200

 

Hertz Holdings Netherlands BV,
8.50%, 7/31/15 (b)

 

EUR

1,120

 

 

1,541,038

 

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

 

USD

1,260

 

 

1,288,350

 

 

 

 

 

 

 

 

 

 

 

 

6,173,563

 

Semiconductors & Semiconductor
Equipment — 0.2%

 

 

 

 

 

 

 

Advanced Micro Devices, Inc.,
7.75%, 8/01/20 (b)

 

 

445

 

 

456,125

 

Spansion LLC, 7.88%, 11/15/17 (b)

 

 

430

 

 

438,063

 

 

 

 

 

 

 

 

 

 

 

 

894,188

 

Specialty Retail — 2.1%

 

 

 

 

 

 

 

Asbury Automotive Group, Inc.,
8.38%, 11/15/20 (b)

 

 

515

 

 

520,150

 

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

 

 

1,685

 

 

1,539,669

 

 

 

 

 

 

 

 

 

Corporate Bonds

 

Par
(000)

 

Value

 

Specialty Retail (concluded)

 

 

 

 

 

 

 

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

 

USD

830

 

$

913,000

 

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

 

 

1,255

 

 

1,446,387

 

Michaels Stores, Inc., 7.75%,
11/01/18 (b)

 

 

445

 

 

432,763

 

Petco Animal Supplies, Inc.,
9.25%, 12/01/18 (b)

 

 

795

 

 

800,962

 

Rent-A-Center, Inc., 6.63%,
11/15/20 (b)

 

 

370

 

 

364,450

 

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

 

 

580

 

 

598,850

 

Toys ‘R’ US-Delaware, Inc., 7.38%,
9/01/16 (b)

 

 

660

 

 

688,875

 

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

 

 

1,670

 

 

1,640,775

 

 

 

 

 

 

 

 

 

 

 

 

8,945,881

 

Tobacco — 0.1%

 

 

 

 

 

 

 

Vector Group Ltd., 11.00%, 8/15/15

 

 

505

 

 

516,363

 

Wireless Telecommunication Services — 4.4%

 

 

 

 

 

 

 

Cricket Communications, Inc.:

 

 

 

 

 

 

 

10.00%, 7/15/15

 

 

1,910

 

 

2,015,050

 

7.75%, 5/15/16

 

 

1,080

 

 

1,104,300

 

Digicel Group Ltd. (b):

 

 

 

 

 

 

 

8.88%, 1/15/15

 

 

1,120

 

 

1,131,200

 

9.13%, 1/15/15 (d)

 

 

2,864

 

 

2,892,640

 

8.25%, 9/01/17

 

 

1,240

 

 

1,302,000

 

10.50%, 4/15/18

 

 

800

 

 

880,000

 

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

 

 

488

 

 

421,339

 

iPCS, Inc., 2.41%, 5/01/13 (g)

 

 

1,295

 

 

1,236,725

 

Intelsat Jackson Holdings SA,
7.25%, 10/15/20 (b)

 

 

1,015

 

 

1,012,462

 

MetroPCS Wireless, Inc.:

 

 

 

 

 

 

 

7.88%, 9/01/18

 

 

810

 

 

839,363

 

6.63%, 11/15/20

 

 

1,190

 

 

1,133,475

 

NII Holdings, Inc., 3.13%, 6/15/12 (e)

 

 

570

 

 

553,613

 

Nextel Communications, Inc.:

 

 

 

 

 

 

 

Series E, 6.88%, 10/31/13

 

 

1,880

 

 

1,877,650

 

Series F, 5.95%, 3/15/14

 

 

170

 

 

164,050

 

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

 

 

2,180

 

 

1,853,000

 

 

 

 

 

 

 

 

 

 

 

 

18,416,867

 

Total Corporate Bonds – 96.4%

 

 

 

 

 

401,466,788

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Floating Rate Loan Interests (g)

 

 

 

 

 

 

 

Building Products — 1.5%

 

 

 

 

 

 

 

CPG International I, Inc., Term
Loan, 7.25%, 2/28/11

 

 

4,899

 

 

4,899,152

 

Goodman Global, Inc., Term Loan
(Second Lien), 9.00%, 10/13/17

 

 

1,200

 

 

1,227,300

 

 

 

 

 

 

 

 

 

 

 

 

6,126,452

 

Capital Markets — 0.1%

 

 

 

 

 

 

 

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

 

 

757

 

 

561,271

 

 

 

 

6

BLACKROCK CORPORATE HIGH YIELD FUND VI, INC.

NOVEMBER 30, 2010


 

 

 

 

Schedule of Investments (continued)

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

(Percentages shown are based on Net Assets)

 

 

 

 

 

 

 

 

Floating Rate Loan Interests (g)

Par
(000)

 

Value

 

Chemicals — 0.1%

 

 

 

 

 

 

 

PQ Corp. (FKA Niagara Acquisition,
Inc.), Term Loan (First Lien),
3.51% - 3.54%, 7/30/14

USD

 

420

 

$

399,543

 

Commercial Services & Supplies — 1.3%

 

 

 

 

 

 

 

AWAS Finance Luxembourg Sarl,
Term Loan B, 7.75%, 6/10/16

 

 

1,500

 

 

1,527,499

 

Delos Aircraft, Inc., Term Loan 2,
7.00%, 3/17/16

 

 

975

 

 

989,800

 

International Lease Finance Corp.,
Term Loan 1, 6.75%, 3/17/15

 

 

1,350

 

 

1,367,357

 

Volume Services America, Inc.
(Centerplate), Term Loan B,
10.75%, 8/24/16

 

 

1,600

 

 

1,596,000

 

 

 

 

 

 

 

 

 

 

 

 

5,480,656

 

Construction & Engineering — 0.8%

 

 

 

 

 

 

 

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

 

 

3,250

 

 

3,250,000

 

Consumer Finance — 1.6%

 

 

 

 

 

 

 

AGFS Funding Co., Term Loan,
7.25%, 4/21/15

 

 

6,500

 

 

6,547,736

 

Electric Utilities — 0.5%

 

 

 

 

 

 

 

New Development Holdings LLC,
Term Loan, 7.00%, 7/03/17

 

 

2,020

 

 

2,052,014

 

Food Products — 0.3%

 

 

 

 

 

 

 

Advance Pierre Foods, Term Loan
(Second Lien), 11.25%, 9/29/17

 

 

1,300

 

 

1,309,750

 

Health Care Providers & Services — 0.7%

 

 

 

 

 

 

 

Harden Healthcare, Inc.:

 

 

 

 

 

 

 

Add-on Term Loan, 7.75%,
3/02/15

 

 

878

 

 

859,950

 

Tranche A Term Loan, 8.50%,
2/22/15

 

 

673

 

 

659,651

 

inVentiv Health, Inc. (FKA Ventive
Health, Inc.), Term Loan B,
6.50%, 7/31/16

 

 

1,397

 

 

1,403,483

 

 

 

 

 

 

 

 

 

 

 

 

2,923,084

 

Hotels, Restaurants & Leisure — 1.2%

 

 

 

 

 

 

 

Travelport LLC (FKA Travelport,
Inc.), Loan, 8.28%, 3/27/12 (d)

 

 

5,440

 

 

5,045,331

 

Household Durables — 0.4%

 

 

 

 

 

 

 

Visant Corp. (FKA Jostens), Term
Loan B, 7.00%, 12/20/16

 

 

1,600

 

 

1,613,000

 

IT Services — 0.4%

 

 

 

 

 

 

 

First Data Corp.:

 

 

 

 

 

 

 

Initial Tranche B-1 Term Loan,
3.00%, 9/24/14

 

 

254

 

 

228,999

 

Initial Tranche B-2 Term Loan,
3.00%, 9/24/14

 

 

642

 

 

577,615

 

Initial Tranche B-3 Term Loan,
3.00%, 9/24/14

 

 

1,162

 

 

1,047,621

 

 

 

 

 

 

 

 

 

 

 

 

1,854,235

 

Independent Power Producers &
Energy Traders — 0.9%

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

Initial Tranche B-1 Term Loan,
3.75% - 3.79%, 10/10/14

 

 

341

 

 

263,411

 

 

 

 

 

 

 

 

 

Floating Rate Loan Interests (g)

 

Par
(000)

 

Value

 

Independent Power Producers &
Energy Traders (concluded)

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

Initial Tranche B-2 Term Loan,
3.75% - 3.79%, 10/10/14

USD

 

214

 

$

165,335

 

Initial Tranche B-3 Term Loan,
3.75% - 3.79%,, 10/10/14

 

 

4,530

 

 

3,486,382

 

 

 

 

 

 

 

 

 

 

 

 

3,915,128

 

Media — 1.6%

 

 

 

 

 

 

 

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

 

 

2,688

 

 

2,694,845

 

HMH Publishing Co., Ltd., Tranche
A Term Loan, 5.75%, 6/12/14

 

 

1,487

 

 

1,373,166

 

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

 

 

2,450

 

 

2,597,000

 

 

 

 

 

 

 

 

 

 

 

 

6,665,011

 

Multiline Retail — 0.6%

 

 

 

 

 

 

 

Hema Holding BV, Mezzanine,
4.35% - 5.00%, 1/29/17 (d)

EUR

 

1,584

 

 

1,989,790

 

The Neiman Marcus Group, Inc.,
Term Loan B, 4.29%, 4/06/16

USD

 

388

 

 

379,682

 

 

 

 

 

 

 

 

 

 

 

 

2,369,472

 

Oil, Gas & Consumable Fuels — 1.6%

 

 

 

 

 

 

 

Obsidian Natural Gas Trust, Term
Loan, 7.00%, 11/30/15

 

 

3,797

 

 

3,872,940

 

Turbo Beta Ltd., Dollar Facility,
2.50% - 12.00%, 3/15/18 (d)

 

 

3,799

 

 

2,659,332

 

 

 

 

 

 

 

 

 

 

 

 

6,532,272

 

Paper & Forest Products — 0.4%

 

 

 

 

 

 

 

Verso Paper Finance Holdings LLC,
6.54% - 7.29%, 2/01/13 (d)

 

 

2,054

 

 

1,643,466

 

Real Estate Investment Trusts (REITs) — 0.1%

 

 

 

 

 

 

 

iStar Financial, Inc., Term Loan
(Second Lien), 1.75%, 6/28/11

 

 

350

 

 

334,930

 

Real Estate Management & Development — 0.8%

 

 

 

 

 

 

 

Realogy Corp.:

 

 

 

 

 

 

 

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

 

 

1,683

 

 

1,545,436

 

Synthetic Letter of Credit,
0.11% - 3.15%, 10/10/13

 

 

229

 

 

210,657

 

Term Loan (Second Lien),
13.50%, 10/15/17

 

 

1,575

 

 

1,706,906

 

 

 

 

 

 

 

 

 

 

 

 

3,462,999

 

Specialty Retail — 0.2%

 

 

 

 

 

 

 

Claire’s Stores, Inc., Term Loan B,
3.01% - 3.04%, 5/29/14

 

 

235

 

 

205,465

 

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

 

 

558

 

 

537,642

 

 

 

 

 

 

 

 

 

 

 

 

743,107

 

Total Floating Rate Loan Interests – 15.1%

 

 

 

 

 

62,829,457

 

 

 

 

 

 

 

 

 

 

 

 

BLACKROCK CORPORATE HIGH YIELD FUND VI, INC.

NOVEMBER 30, 2010

7


 

 

 

 

Schedule of Investments (continued)

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

(Percentages shown are based on Net Assets)

 

 

 

 

 

 

 

 

Investment Companies

 

Shares

 

Value

 

iPATH S&P 500 VIX Mid-Term
Futures ETN (a)

 

 

7,690

 

$

573,366

 

Total Investment Companies – 0.1%

 

 

 

 

 

573,366

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Interests (j)

 

Beneficial
Interest
(000)

 

 

 

 

Auto Components — 2.2%

 

 

 

 

 

 

 

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

USD

 

1

 

 

9,141,054

 

Hotels, Restaurants & Leisure — 0.0%

 

 

 

 

 

 

 

Buffets, Inc.

 

 

950

 

 

95

 

Media — 0.0%

 

 

 

 

 

 

 

Adelphia Escrow

 

 

1,300

 

 

130

 

Adelphia Recovery Trust

 

 

1,630

 

 

6,522

 

 

 

 

 

 

 

 

 

 

 

 

6,652

 

Total Other Interests – 2.2%

 

 

 

 

 

9,147,801

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Preferred Securities

 

 

 

 

 

 

 

Capital Trusts

 

Par
(000)

 

 

 

 

Commercial Banks — 0.1%

 

 

 

 

 

 

 

Royal Bank of Scotland Group Plc,
Series MTN, 7.64% (a)(i)(k)

 

 

500

 

 

330,000

 

Total Capital Trusts – 0.1%

 

 

 

 

 

330,000

 

 

 

 

 

 

 

 

 

Preferred Stocks

 

Shares

 

 

 

 

Automobiles — 1.1%

 

 

 

 

 

 

 

General Motors Co., 4.75% (a)

 

 

84,550

 

 

4,286,685

 

Media — 0.0%

 

 

 

 

 

 

 

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

 

 

59,235

 

 

1

 

Thrifts & Mortgage Finance — 0.0%

 

 

 

 

 

 

 

Fannie Mae, Series O, 0.00% (a)

 

 

40,000

 

 

23,000

 

Freddie Mac, Series Z, 8.38% (a)

 

 

110,157

 

 

59,484

 

 

 

 

 

 

 

 

 

 

 

 

82,484

 

Total Preferred Stocks – 1.1%

 

 

 

 

 

4,369,170

 

Total Preferred Securities – 1.2%

 

 

 

 

 

4,699,170

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Warrants (l)

 

 

 

 

 

 

 

Health Care Providers & Services — 0.0%

 

 

 

 

 

 

 

HealthSouth Corp.
(Expires 1/16/14)

 

 

54,577

 

 

1

 

 

 

 

 

 

 

 

 

Warrants (l)

 

Shares

 

Value

 

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

 

New Vision Holdings LLC
(Expires 9/30/14)

 

 

22

 

 

222

 

 

 

 

 

 

 

 

 

 

 

 

263

 

Oil, Gas & Consumable Fuels — 0.0%

 

 

 

 

 

 

 

Turbo Cayman Ltd. (No Expiration)

 

 

2

 

 

—

 

Software — 0.0%

 

 

 

 

 

 

 

Bankruptcy Management
Solutions, Inc. (Expires 9/29/17)

 

 

525

 

 

5

 

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

 

 

22,578

 

 

—

 

 

 

 

 

 

 

 

 

 

 

 

5

 

Total Warrants – 0.0%

 

 

 

 

 

277

 

Total Long-Term Investments
(Cost – $484,177,857) – 117.8%

 

 

 

 

 

490,456,007

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Short-Term Securities

 

 

 

 

 

 

 

BlackRock Liquidity Funds,
TempFund, Institutional Class,
0.18%, 12/31/99 (m)(n)

 

 

683,132

 

 

683,132

 

Total Short-Term Securities
(Cost – $683,132) – 0.2%

 

 

 

 

 

683,132

 

Total Investments
(Cost – $484,860,989*) – 118.0%

 

 

 

 

 

491,139,139

 

Liabilities in Excess of Other Assets – (18.0)%

 

 

 

 

 

(74,893,407

)

 

 

 

 

 

Net Assets – 100.0%

 

 

 

 

$

416,245,732

 

 

 

 

 

 

 

 

*

The cost and unrealized appreciation (depreciation) of investments as of November 30, 2010, as computed for federal income tax purposes were as follows:

 

 

 

 

 

 

 

 

Aggregate cost

 

 

 

 

$

484,929,902

 

 

 

 

 

 

Gross unrealized appreciation

 

 

 

 

$

28,365,732

 

Gross unrealized depreciation

 

 

 

 

 

(22,156,495

)

 

 

 

 

 

Net unrealized appreciation

 

 

 

 

$

6,209,237

 

 

 

 

 

 

 

 

(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)

When-issued security. Unsettled when-issued transactions were as follows:

 

 

 

 

 

 

 

 

 

 

Counterparty

 

Value

 

Unrealized
Appreciation

 

 

Morgan Stanley Capital
Services, Inc.

 

$

707,000

 

$

7,000

 

 

 

(d)

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

 

 

 

8

BLACKROCK CORPORATE HIGH YIELD FUND VI, INC.

NOVEMBER 30, 2010


 

 

 

 

Schedule of Investments (continued)

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

 

 

(e)

Convertible security.

 

 

(f)

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

 

 

(g)

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

 

 

(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)

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

 

 

(k)

Security is perpetual in nature and has no stated maturity date.

 

 

(l)

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, if any.

 

 

(m)

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,
2010

 

Net
Activity

 

Shares
Held at
November 30,
2010

 

Income

 

BlackRock
Liquidity
Funds,
TempFund,
Institutional
Class

 

 

1,808,758

 

 

(1,125,626

)

 

683,132

 

$

1,595

 

 

 

(n)

Represents the current yield as of report date.

 

 

•

Financial futures contracts sold as of November 30, 2010 were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contracts

 

Issue

 

Exchange

 

Expiration

 

 

Notional
Value

 

 

Unrealized
Appreciation

 

237

 

E-mini S&P 500

 

Chicago Mercantile

 

December
2010

 

$

14,015,078

 

$

36,818

 

 

 

•

Foreign currency exchange contracts as of November 30, 2010 were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Currency
Purchased

 

 

 

Currency
Sold

 

Counterparty

 

Settlement
Date

 

 

Unrealized
Appreciation
(Depreciation)

 

USD

 

542,659

 

CAD

 

547,000

 

Citibank NA

 

1/19/11

 

$

10,356

 

USD

 

1,719,166

 

EUR

 

1,240,000

 

Deutsche Bank AG

 

1/19/11

 

 

109,877

 

USD

 

857,755

 

GBP

 

540,000

 

Citibank NA

 

1/19/11

 

 

18,098

 

EUR

 

114,400

 

USD

 

155,995

 

Citibank NA

 

1/28/11

 

 

(7,531

)

USD

 

25,909,489

 

EUR

 

18,923,500

 

Deutsche Bank AG

 

1/28/11

 

 

1,351,268

 

Total

 

 

 

 

 

 

 

 

 

 

 

$

1,482,068

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BLACKROCK CORPORATE HIGH YIELD FUND VI, INC.

NOVEMBER 30, 2010

9


 

 

 

 

Schedule of Investments (continued)

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

 

 

•

Credit default swaps on single-name issuers - buy protection outstanding as of November 30, 2010 were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Issuer

 

Pay
Fixed
Rate

 

Counterparty

 

Expiration

 

Notional
Amount
(000)

 

Unrealized
Appreciation
(Depreciation)

 

K. Hovnanian
Enterprises, Inc.

 

5.00%

 

Goldman Sachs International

 

December 2011

 

$

805

 

$

10,971

 

K. Hovnanian
Enterprises, Inc.

 

5.00%

 

Goldman Sachs Bank USA

 

December 2013

 

$

1,600

 

 

187,780

 

Louisiana-Pacific Corp.

 

5.00%

 

JPMorgan Chase Bank NA

 

March 2014

 

$

500

 

 

(108,239

)

Harrah’s Operating
Company, Inc.

 

5.00%

 

Deutsche Bank AG

 

December 2015

 

$

2,025

 

 

(62,298

)

Republic of Hungary

 

1.00%

 

Deutsche Bank AG

 

December 2015

 

$

470

 

 

9,782

 

iStar Financial, Inc.

 

5.00%

 

Deutsche Bank AG

 

December 2016

 

$

375

 

 

(41,392

)

Total

 

 

 

 

 

 

 

 

 

 

$

(3,396

)

 

 

 

 

 

 

 

 

 

 

 

 

 

•

Credit default swaps on single-name issuers - sold protection outstanding as of November 30, 2010 were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Issuer

 

Receive
Fixed
Rate

 

Counterparty

 

Expiration

 

Credit
Rating1

 

Notional
Amount
(000)2

 

Unrealized
Appreciation
(Depreciation)

 

iStar Financial, Inc.

 

5.00%

 

Deutsche Bank AG

 

September 2011

 

CCC-

 

$

375

 

$

33,581

 

Texas Competitive
Electric Holdings Co.
LLC

 

5.00%

 

Goldman Sachs International

 

September 2012

 

CCC

 

$

775

 

 

(71,553

)

MBIA Insurance
Corp.

 

5.00%

 

Deutsche Bank AG

 

December 2012

 

BB+

 

$

105

 

 

(11,481

)

MBIA Insurance
Corp.

 

5.00%

 

Deutsche Bank AG

 

December 2012

 

BB+

 

$

260

 

 

(37,056

)

Advanced Micro
Devices, Inc.

 

5.00%

 

JPMorgan Chase Bank NA

 

March 2015

 

B+

 

$

1,150

 

 

48,091

 

Realogy Corp.

 

5.00%

 

Credit Suisse International

 

March 2015

 

C

 

$

175

 

 

4,555

 

Realogy Corp.

 

5.00%

 

JPMorgan Chase Bank NA

 

March 2015

 

C

 

$

250

 

 

(13,930

)

Realogy Corp.

 

5.00%

 

JPMorgan Chase Bank NA

 

March 2015

 

C

 

$

175

 

 

3,074

 

Realogy Corp.

 

5.00%

 

JPMorgan Chase Bank NA

 

March 2015

 

C

 

$

350

 

 

1,091

 

Levi Strauss & Co.

 

5.00%

 

Goldman Sachs International

 

June 2015

 

B+

 

$

370

 

 

14,707

 

Levi Strauss & Co.

 

5.00%

 

Goldman Sachs International

 

September 2015

 

B+

 

$

870

 

 

31,069

 

Realogy Corp.

 

5.00%

 

JPMorgan Chase Bank NA

 

September 2015

 

C

 

$

200

 

 

2,138

 

Assured Guaranty
Ltd.

 

5.00%

 

Deutsche Bank AG

 

December 2015

 

A+

 

$

105

 

 

(4,572

)

M.D.C. Holdings, Inc.

 

1.00%

 

Deutsche Bank AG

 

December 2015

 

BBB-

 

$

535

 

 

3,424

 

M.D.C. Holdings, Inc.

 

1.00%

 

JPMorgan Chase Bank NA

 

December 2015

 

BBB-

 

$

535

 

 

1,077

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

$

4,215

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1

Using Standard and Poor’s rating of the issuer.

 

 

 

 

2

The maximum potential amount the Trust may pay should a negative event take place as defined under the terms of the agreement.

 

 

•

For Fund compliance purposes, the Fund’s industry classifications refer to any 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 Fund management. This definition may not apply for purposes of this report, which may combine such industry sub-classifications for reporting ease.

 

 

 

10

BLACKROCK CORPORATE HIGH YIELD FUND VI, INC.

NOVEMBER 30, 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 and derivatives, 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 and derivatives)

 

 

 

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 annual report.

 

 

 

The following tables summarize the inputs used as of November 30, 2010 in determining the fair valuation of the Fund’s investments and derivatives:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Valuation Inputs

 

Level 1

 

Level 2

 

Level 3

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Long-Term Investments:

 

 

 

 

 

 

 

 

 

 

 

 

 

Common Stocks

 

$

10,472,637

 

$

544,360

 

$

722,151

 

$

11,739,148

 

Corporate Bonds

 

 

—

 

 

396,611,762

 

 

4,855,026

 

 

401,466,788

 

Floating Rate Loan Interests

 

 

—

 

 

34,652,647

 

 

28,176,810

 

 

62,829,457

 

Investment Companies

 

 

573,366

 

 

—

 

 

—

 

 

573,366

 

Other Interests

 

 

—

 

 

9,141,054

 

 

6,747

 

 

9,147,801

 

Preferred Securities

 

 

4,369,170

 

 

329,999

 

 

1

 

 

4,699,170

 

Warrants

 

 

—

 

 

—

 

 

277

 

 

277

 

Short-Term Securities

 

 

683,132

 

 

—

 

 

—

 

 

683,132

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Unfunded Loan

 

 

 

 

 

 

 

 

 

 

 

 

 

Commitments

 

 

—

 

 

—

 

 

(13,136

)

 

(13,136

)

Total

 

$

16,098,305

 

$

441,279,822

 

$

33,747,876

 

$

491,126,003

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative Financial Instruments1

 

Valuation Inputs

 

Level 1

 

Level 2

 

Level 3

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

Credit contracts

 

 

—

 

$

351,340

 

 

—

 

$

351,340

 

Foreign currency exchange contracts

 

 

—

 

 

1,489,599

 

 

—

 

 

1,489,599

 

Equity contract

 

$

36,818

 

 

—

 

 

—

 

 

36,818

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Credit contracts

 

 

 

 

 

(350,521

)

 

—

 

 

(350,521

)

Foreign currency exchange contracts

 

 

—

 

 

(7,531

)

 

—

 

 

(7,531

)

Total

 

$

36,818

 

$

1,482,887

 

 

—

 

$

1,519,705

 

 

 

 

 

1

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

 

 

 

BLACKROCK CORPORATE HIGH YIELD FUND VI, INC.

NOVEMBER 30, 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
Securities

 

Warrants

 

Unfunded Loan
Commitments

 

Total

 

Assets/Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, as of August 31, 2010

 

$

712,707

 

$

4,851,224

 

$

20,602,850

 

$

6,747

 

$

1

 

$

271

 

$

(36,123

)

$

26,137,677

 

Accrued discounts/premiums

 

 

—

 

 

8,268

 

 

74,030

 

 

—

 

 

—

 

 

—

 

 

—

 

 

82,298

 

Net realized gain (loss)

 

 

—

 

 

—

 

 

288,564

 

 

—

 

 

—

 

 

—

 

 

—

 

 

288,564

 

Net change in unrealized appreciation/depreciation2

 

 

834,860

 

 

(4,466

)

 

432,627

 

 

—

 

 

—

 

 

—

 

 

22,987

 

 

1,286,008

 

Purchases

 

 

(825,416

)

 

 

 

 

69,529

 

 

—

 

 

—

 

 

—

 

 

—

 

 

2,309,835

 

Sales

 

 

—

 

 

—

 

 

(6,025,688

)

 

—

 

 

—

 

 

—

 

 

—

 

 

(9,091,410

)

Transfers in3

 

 

—

 

 

—

 

 

14,724,688

 

 

—

 

 

—

 

 

6

 

 

—

 

 

14,724,694

 

Transfers out3

 

 

—

 

 

—

 

 

(1,989,790

)

 

—

 

 

—

 

 

—

 

 

—

 

 

(1,989,790

)

Balance as of November 30, 2010

 

$

722,151

 

$

4,855,026

 

$

28,176,810

 

$

6,747

 

$

1

 

$

277

 

$

(13,136

)

$

33,747,876

 

 

 

 

 

2

The net change in the unrealized appreciation/depreciation on the securities still held on November 30, 2010 was $1,236,000.

 

 

3

The Fund’s policy is to recognize transfers in and transfers out as of the end of the period of the event or the change in circumstances that caused the transfer.

 

 

 

12

BLACKROCK CORPORATE HIGH YIELD FUND VI, INC.

NOVEMBER 30, 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 13a-15(b) under the Securities Exchange Act of 1934, as amended.

 

 

2(b) –

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

 

 

Item 3 –

Exhibits

 

 

 

Certifications – Attached hereto

 

 

 

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

 

 

 

BlackRock Corporate High Yield Fund VI, Inc.
   
  By: /s/ Anne F. Ackerley  
    Anne F. Ackerley
    Chief Executive Officer (principal executive officer) of
    BlackRock Corporate High Yield Fund VI, Inc.
   
  Date: January 26, 2011
   
  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: January 26, 2011
   
  By: /s/ Neal J. Andrews  
    Neal J. Andrews
    Chief Financial Officer (principal financial officer) of
    BlackRock Corporate High Yield Fund VI, Inc.
     
  Date: January 26, 2011