Edgar Filing: BLACKROCK CORPORATE HIGH YIELD FUND, INC.

BLACKROCK CORPORATE HIGH YIELD FUND, INC.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number: 811-21318

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

Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809

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

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

Date of fiscal year end: 08/31/2016

Date of reporting period: 11/30/2015

Item 1 – Schedule of Investments

Consolidated Schedule of Investments November 30, 2015
(Unaudited)

BlackRock Corporate High Yield Fund, Inc. (HYT)

(Percentages shown are based on Net Assets)


Common Stocks	Shares		Value
Capital Markets — 1.8%
American Capital Ltd. (a)		1,522,327	$	23,824,418
E*Trade Financial Corp. (a)		52,950		1,611,268
Uranium Participation Corp. (a)		176,860		719,121

				26,154,807
Chemicals — 0.1%
Advanced Emissions Solutions, Inc. (a)		168,580		993,779
Communications Equipment — 0.3%
Nokia OYJ		334,728		2,414,051
Nokia OYJ — ADR		231,190		1,666,880

				4,080,931
Consumer Finance — 1.6%
Ally Financial, Inc.		1,101,275		21,981,449
Ally Financial, Inc. (a)		25,002		499,040

				22,480,489
Diversified Consumer Services — 0.1%
Houghton Mifflin Harcourt Co. (a)		64,068		1,265,984
Diversified Financial Services — 0.0%
Concrete Investments II S.C.A. (b)		4,997		—
Kcad Holdings I Ltd. (a)		2,223,465,984		177,877

				177,877
Diversified Telecommunication Services — 0.0%
Broadview Networks Holdings, Inc. (a)		192,400		288,599
Energy Equipment & Services (c) — 0.1%
Laricina Energy Ltd. (a)		211,764		19,029
Osum Oil Sands Corp. (a)		400,000		1,081,283

				1,100,312
Hotels, Restaurants & Leisure — 0.4%
Amaya, Inc. (a)		259,108		4,093,885
Amaya, Inc.		118,172		1,867,108

				5,960,993
Insurance — 0.2%
American International Group, Inc.		54,941		3,493,149
Media — 0.1%
Time Warner Cable, Inc.		7,968		1,472,247
Metals & Mining — 0.1%
African Minerals Ltd.		225,302		3
Peninsula Energy Ltd. (a)		2,051,920		1,751,060

				1,751,063


Common Stocks	Shares		Value
Oil, Gas & Consumable Fuels — 0.6%
General Maritime Corp. (Acquired 12/11/13,cost $17,637,549) (d)		965,338	$	8,886,419
Semiconductors & Semiconductor Equipment — 0.0%
SunPower Corp. (a)		1,025		24,559
Wireless Telecommunication Services — 0.2%
T-Mobile U.S., Inc. (a)		59,550		2,114,025
Total Common Stocks — 5.5%				80,245,233



Asset-Backed Securities	Par (000)
Asset-Backed Securities — 2.7%
ALM Loan Funding, Series 2013-7RA (e)(f):
Class C, 3.77%, 4/24/24	USD	2,840		2,774,929
Class D, 5.32%, 4/24/24		2,360		2,287,019
ALM XII, Ltd., Series 2015-12A, Class C1, 4.07%, 4/16/27 (e)(f)		1,500		1,381,875
ALM XIV Ltd., Series 2014-14A (e)(f):
Class C, 3.77%, 7/28/26		750		688,135
Class D, 5.17%, 7/28/26		250		202,999
AMMC CLO 15 Ltd., Series 2014-15A (e)(f):
Class C1, 3.74%, 12/09/26		1,000		1,002,500
Class D, 4.48%, 12/09/26		1,000		970,000
Apidos CLO XVIII, Series 2014-18A, Class C, 3.97%, 7/22/26 (e)(f)		550		514,767
Ares CLO Ltd., Series 2014-32A, Class C, 4.56%, 11/15/25 (e)(f)		1,250		1,193,875
Atlas Senior Loan Fund V, Ltd., Series 2014-1A (e)(f):
Class C, 3.32%, 7/16/26		250		249,285
Class D, 3.77%, 7/16/26		250		228,445
Avalon IV Capital, Ltd., Series 2012-1AR, Class CR, 3.14%, 4/17/23 (e)(f)		850		851,332
Benefit Street Partners CLO, Ltd., Series 2014-IVA, Class C, 3.82%, 7/20/26 (e)(f)		500		458,276
BlueMountain CLO 2014-1, Ltd., Series 2014-1A, Class C, 3.07%, 4/30/26 (e)(f)		1,000		966,558
Carlyle Global Market Strategies CLO Ltd., Series 2014-5A, Class C, 4.47%, 10/16/25 (e)(f)		1,000		994,245
Cedar Funding, Ltd., Series 2014-3A, Class D, 3.88%, 5/20/26 (e)(f)		535		485,465



BLACKROCK CORPORATE HIGH YIELD FUND, INC.	NOVEMBER 30, 2015	1


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


Asset-Backed Securities	Par (000)		Value
Asset-Backed Securities (continued)
CIFC Funding 2014-II, Ltd., Series 2014-2A, Class A3L, 3.23%, 5/24/26 (e)(f)	USD	500	$	480,346
CIFC Funding 2014-V, Ltd., Series 2014-5A, Class C, 3.67%, 1/17/27 (e)(f)		1,000		976,325
CIFC Funding Ltd., Series 2014-3A, Class C1, 3.12%, 7/22/26 (e)(f)		500		482,351
Dryden Senior Loan Fund, Series 2014-36A, Class D, 4.09%, 11/09/25 (e)(f)		1,000		936,209
Highbridge Loan Management 4-2014 Ltd., Series 4A-2014, Class B, 3.32%, 7/28/25 (e)(f)		820		789,585
ING IM CLO 2012-4, Ltd., Series 2012-4A, Class C, 4.82%, 10/15/23 (e)(f)		1,000		984,707
LCM X LP, Series 10AR, Class ER, 5.82%, 4/15/22 (e)(f)		1,000		979,737
Madison Park Funding, Ltd. (e)(f):
Series 2012-8AR, Class CR, 3.10%, 4/22/22		500		499,858
Series 2012-8AR, Class DR, 4.15%, 4/22/22		250		245,828
Series 2014-14A,Class D, 3.92%, 7/20/26		500		468,634
Neuberger Berman CLO XVII, Ltd., Series 2014-17A, Class D, 3.88%, 8/04/25 (e)(f)		500		444,389
Neuberger Berman CLO XVIII Ltd., Series 2014-18A, Class C, 4.11%, 11/14/25 (e)(f)		1,500		1,395,020
Neuberger Berman CLO XVIII, Ltd., Series 2014-18A, Class B, 3.51%, 11/14/25 (e)(f)		1,250		1,239,051
Oaktree EIF II Series A2, Ltd., Series 2014-A2, Class C, 3.56%, 11/15/25 (e)(f)		2,000		1,933,125
Octagon Investment Partners XII, Ltd., Series 2012-1AR, Class ER, 5.78%, 5/05/23 (e)(f)		1,200		1,163,691
Octagon Investment Partners XXII Ltd., Series 2014-1A, Class C1, 3.57%, 11/22/25 (e)(f)		1,000		981,818
Octagon Investment Partners XXII, Ltd., Series 2014-1A, Class D1, 4.22%, 11/22/25 (e)(f)		1,000		935,910
OneMain Financial Issuance Trust, Series 2015-2A (f):
Class C, 4.32%, 7/18/25		200		194,914
Class D, 5.64%, 7/18/25		200		196,336
OZLM IX, Ltd., Series 2014-9A, Class C, 3.89%, 1/20/27 (e)(f)		1,250		1,166,991


Asset-Backed Securities	Par (000)		Value
Asset-Backed Securities (continued)
Palmer Square CLO, Ltd., Series 2014-1A, Class C, 4.17%, 10/17/22 (e)(f)	USD	845	$	813,824
Sound Point CLO Ltd., Series 2014-3A, Class D, 3.92%, 1/23/27 (e)(f)		1,500		1,368,763
TICP CLO III, Ltd., Series 2014-3A, Class C, 3.55%, 1/20/27 (e)(f)		1,000		976,139
Venture CDO, Ltd., Series 2014-17A, Class C, 3.17%, 7/15/26 (e)(f)		500		473,648
Venture XIII CLO, Ltd., Series 2013-13A, Class D, 3.88%, 6/10/25 (e)(f)		1,000		937,229
Venture XIX CLO, Ltd., Series 2014-19A, Class C, 3.66%, 1/15/27 (e)(f)		1,000		991,280
Voya CLO Ltd., Series 2014-4A, Class C, 4.32%, 10/14/26 (e)(f)		1,750		1,648,168
WhiteHorse IX, Ltd., Series 2014-9A, Class C, 3.02%, 7/17/26 (e)(f)		250		223,536
Total Asset-Backed Securities — 2.7%				39,177,117


Corporate Bonds
Aerospace & Defense — 1.6%
Accudyne Industries Borrower/Accudyne Industries LLC, 7.75%, 12/15/20 (f)		2,285		1,708,038
Bombardier, Inc., 7.50%, 3/15/25 (f)		1,450		1,080,250
Meccanica Holdings USA, Inc., 6.25%, 7/15/19 (f)		1,140		1,241,414
TransDigm, Inc.:
5.50%, 10/15/20		2,490		2,459,248
6.00%, 7/15/22		9,680		9,510,600
6.50%, 7/15/24		7,588		7,474,180

				23,473,730
Air Freight & Logistics — 0.7%
Air Medical Merger Sub Corp., 6.38%, 5/15/23 (f)		1,321		1,183,946
National Air Cargo Group, Inc.:
11.88%, 5/02/18		776		776,052
11.88%, 5/08/18		795		794,660
WFS Global Holding SAS, 9.50%, 7/15/22	EUR	486		540,441
XPO Logistics, Inc.:
7.88%, 9/01/19 (f)	USD	2,958		2,998,673
5.75%, 6/15/21	EUR	250		252,957



2	BLACKROCK CORPORATE HIGH YIELD FUND, INC.	NOVEMBER 30, 2015


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


Corporate Bonds	Par (000)		Value
Air Freight & Logistics (continued)
XPO Logistics, Inc. (continued):
6.50%, 6/15/22 (f)	USD	4,105	$	3,776,600

				10,323,329
Airlines — 2.2%
American Airlines Pass-Through Trust, Series 2013-2, Class C, 6.00%, 1/15/17 (f)		6,336		6,501,920
Continental Airlines Pass-Through Trust, Series 1997-4, Class B, 6.90%, 7/02/18		222		226,986
Delta Air Lines Pass-Through Trust, Class B:
Series 2009-1, 9.75%, 6/17/18		785		836,105
Series 2010-1, 6.38%, 7/02/17 (f)		2,647		2,656,926
US Airways Pass-Through Trust:
Series 2012-2, Class C, 5.45%, 6/03/18		5,720		5,720,000
Series 2013-1, Class B, 5.38%, 5/15/23		4,917		4,953,908
Virgin Australia Trust, Series 2013-1 (f):
Class C, 7.13%, 10/23/18		5,965		6,054,622
Class D, 8.50%, 10/23/16		4,681		4,786,396

				31,736,863
Auto Components — 3.0%
Affinia Group, Inc., 7.75%, 5/01/21		3,109		3,217,815
Autodis SA, 6.50%, 2/01/19	EUR	147		161,100
CNH Industrial Finance Europe SA, 2.75%, 3/18/19		1,422		1,510,223
Dakar Finance SA, 9.00%, 11/15/20 (g)		525		549,142
Dana Holding Corp., 6.75%, 2/15/21	USD	200		206,500
Goodyear Tire & Rubber Co., 6.50%, 3/01/21		1,510		1,594,469
Icahn Enterprises LP/Icahn Enterprises Finance Corp.:
3.50%, 3/15/17		352		352,000
6.00%, 8/01/20		10,743		11,051,861
5.88%, 2/01/22		2,797		2,840,717
Jaguar Land Rover Automotive PLC, 5.00%, 2/15/22	GBP	1,053		1,633,500
Schaeffler Finance BV, 4.75%, 5/15/23 (f)	USD	1,440		1,429,200
Schaeffler Holding Finance BV (g):
(5.75% Cash or 6.50% PIK), 5.75%, 11/15/21	EUR	600		685,227


Corporate Bonds	Par (000)		Value
Auto Components (continued)
Schaeffler Holding Finance BV (g) (continued):
(6.25% Cash), 6.25%, 11/15/19 (f)	USD	2,130	$	2,252,475
(6.75% Cash), 6.75%, 11/15/22 (f)		6,753		7,310,123
(6.88% Cash or 7.63% PIK), 6.88%, 8/15/18 (f)		2,400		2,481,000
(6.88% Cash), 6.88%, 8/15/18	EUR	1,360		1,485,906
UCI International, Inc., 8.63%, 2/15/19	USD	7,080		3,540,000
ZF North America Capital, Inc.:
4.50%, 4/29/22 (f)		971		952,794
2.75%, 4/27/23	EUR	900		915,350

				44,169,402
Banks — 1.6%
Allied Irish Banks PLC, 4.13%, 11/26/25 (e)		325		348,701
Banca Monte dei Paschi di Siena SpA, 3.63%, 4/01/19		120		129,267
Banco Espirito Santo SA:
4.75%, 1/15/18		1,900		1,873,696
4.00%, 1/21/19		1,100		1,059,931
Banco Popolare, 2.75%, 7/27/20		275		296,891
Bankia SA, 4.00%, 5/22/24 (e)		1,000		1,054,120
CIT Group, Inc.:
5.25%, 3/15/18	USD	4,320		4,482,000
6.63%, 4/01/18 (f)		1,400		1,492,750
5.50%, 2/15/19 (f)		6,919		7,247,652
5.00%, 8/01/23		560		569,100
6.00%, 4/01/36		2,800		2,716,000
HSH Nordbank AG, 0.72%, 2/14/17 (e)	EUR	1,265		1,212,907
Ibercaja Banco SA, 5.00%, 7/28/25 (e)		600		617,988

				23,101,003
Beverages — 0.1%
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc., 6.75%, 1/31/21 (f)	USD	1,258		1,267,435
Horizon Holdings I SASU, 7.25%, 8/01/23	EUR	467		516,263
Hydra Dutch Holdings 2BV, 5.45%, 4/15/19 (e)		167		168,975

				1,952,673



BLACKROCK CORPORATE HIGH YIELD FUND, INC.	NOVEMBER 30, 2015	3


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


Corporate Bonds	Par (000)		Value
Biotechnology — 0.0%
Rapid Holding GmbH, 6.63%, 11/15/20	USD	300	$	329,707
Building Products — 1.9%
American Builders & Contractors Supply Co., Inc., 5.63%, 4/15/21 (f)		1,315		1,334,725
Builders FirstSource, Inc., 10.75%, 8/15/23 (f)		2,312		2,369,800
Building Materials Corp. of America, 6.00%, 10/15/25 (f)		5,704		5,882,250
Cemex SAB de CV, 4.38%, 3/05/23	EUR	345		341,254
CPG Merger Sub LLC, 8.00%, 10/01/21 (f)	USD	4,330		4,286,700
LSF9 Balta Issuer SA, 7.75%, 9/15/22	EUR	450		502,557
Masonite International Corp., 5.63%, 3/15/23 (f)	USD	2,950		3,082,750
Ply Gem Industries, Inc., 6.50%, 2/01/22		3,921		3,803,370
USG Corp.:
9.75%, 1/15/18		3,935		4,417,037
5.50%, 3/01/25 (f)		1,234		1,263,308

				27,283,751
Capital Markets — 2.3%
American Capital Ltd., 6.50%, 9/15/18 (f)		3,840		3,969,600
Blackstone CQP Holdco LP, 9.30%, 3/19/19		18,518		18,702,776
E*Trade Financial Corp.:
0.00%, 8/31/19 (f)(h)(i)		1,206		3,557,350
5.38%, 11/15/22		2,857		3,021,277
4.63%, 9/15/23		2,549		2,619,098
Series A, 0.00%, 8/31/19 (h)(i)		373		1,100,242

				32,970,343
Chemicals — 1.2%
Axalta Coating Systems US Holdings, Inc./Axalta Coating Systems Dutch Holding BV, 7.38%, 5/01/21 (f)		1,760		1,870,000
Chemours Co., 7.00%, 5/15/25 (f)		1,041		778,148
Huntsman International LLC:
4.88%, 11/15/20		1,055		991,700
5.13%, 4/15/21	EUR	1,779		1,846,709
5.13%, 11/15/22 (f)	USD	1,254		1,159,950
Ineos Finance PLC, 4.00%, 5/01/23	EUR	248		256,129


Corporate Bonds	Par (000)		Value
Chemicals (continued)
INEOS Group Holdings SA (f):
6.13%, 8/15/18	USD	1,015	$	1,022,612
5.88%, 2/15/19		413		410,935
Momentive Performance Materials, Inc., 3.88%, 10/24/21		3,738		2,392,320
Montichem Holdco 3 SA, 5.25%, 6/15/21	EUR	311		331,104
NOVA Chemicals Corp., 5.00%, 5/01/25 (f)	USD	415		406,700
Platform Specialty Products Corp., 6.50%, 2/01/22 (f)		5,892		5,126,040
PSPC Escrow Corp., 6.00%, 2/01/23	EUR	394		366,327
PSPC Escrow II Corp., 10.38%, 5/01/21 (f)	USD	468		477,360

				17,436,034
Commercial Services & Supplies — 2.1%
AA Bond Co., Ltd., 5.50%, 7/31/43	GBP	500		726,693
Abengoa Finance SAU, 7.00%, 4/15/20	EUR	187		31,118
Abengoa Greenfield SA, 6.50%, 10/01/19 (f)	USD	2,344		357,460
ADS Waste Holdings, Inc., 8.25%, 10/01/20		1,546		1,600,110
ARAMARK Corp., 5.75%, 3/15/20		3,123		3,247,920
Avis Budget Car Rental LLC/Avis Budget Finance, Inc., 5.50%, 4/01/23		720		734,400
Bilbao Luxembourg SA, (10.50% Cash or 11.25% PIK), 10.69%, 12/01/18 (g)	EUR	428		452,850
Brand Energy & Infrastructure Services, Inc., 8.50%, 12/01/21 (f)	USD	1,558		1,363,250
Covanta Holding Corp., 5.88%, 3/01/24		1,180		1,154,925
Mobile Mini, Inc., 7.88%, 12/01/20		2,040		2,111,400
Mustang Merger Corp., 8.50%, 8/15/21 (f)		2,688		2,824,013
Silk Bidco AS, 7.50%, 2/01/22	EUR	347		389,793
United Rentals North America, Inc.:
7.38%, 5/15/20	USD	1,890		1,996,312
8.25%, 2/01/21		1,001		1,049,799
7.63%, 4/15/22		5,555		5,971,625
6.13%, 6/15/23		1,055		1,099,838
5.75%, 11/15/24		3,826		3,866,632
Verisure Holding AB:
8.75%, 12/01/18	EUR	673		742,167
6.00%, 11/01/22		775		855,894

				30,576,199



4	BLACKROCK CORPORATE HIGH YIELD FUND, INC.	NOVEMBER 30, 2015


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


Corporate Bonds	Par (000)		Value
Communications Equipment — 2.6%
Alcatel-Lucent USA, Inc.:
6.75%, 11/15/20 (f)	USD	3,461	$	3,662,569
6.45%, 3/15/29		6,018		6,168,450
Avaya, Inc. (f):
7.00%, 4/01/19		1,594		1,255,275
10.50%, 3/01/21		1,175		387,750
CommScope Technologies Finance LLC, 6.00%, 6/15/25 (f)		2,742		2,625,465
CommScope, Inc. (f):
4.38%, 6/15/20		2,278		2,295,085
5.50%, 6/15/24		2,169		2,082,240
Nokia OYJ, 6.63%, 5/15/39		3,596		3,735,345
Zayo Group LLC/Zayo Capital, Inc.:
10.13%, 7/01/20		7,677		8,329,545
6.00%, 4/01/23 (f)		5,615		5,404,437
6.38%, 5/15/25 (f)		2,765		2,640,575

				38,586,736
Construction & Engineering — 0.7%
Abengoa Finance SAU, 7.75%, 2/01/20 (f)		234		35,100
AECOM:
5.75%, 10/15/22		716		738,819
5.88%, 10/15/24		2,662		2,695,275
Aldesa Financial Services SA, 7.25%, 4/01/21	EUR	960		834,252
BlueLine Rental Finance Corp., 7.00%, 2/01/19 (f)	USD	2,187		1,984,702
Novafives SAS, 4.50%, 6/30/21	EUR	320		289,072
Safway Group Holding LLC/Safway Finance Corp., 7.00%, 5/15/18 (f)	USD	2,412		2,436,120
Weekley Homes LLC/Weekley Finance Corp., 6.00%, 2/01/23		862		805,970

				9,819,310
Construction Materials — 2.4%
American Builders & Contractors Supply Co., Inc., 5.75%, 12/15/23 (f)		982		995,503
American Tire Distributors, Inc., 10.25%, 3/01/22 (f)		4,805		4,720,913
Beacon Roofing Supply, Inc., 6.38%, 10/01/23 (f)		566		590,055
HD Supply, Inc.:
7.50%, 7/15/20		15,985		16,864,175
5.25%, 12/15/21 (f)		10,967		11,391,971
Kerneos Tech Group SAS, 5.75%, 3/01/21	EUR	262		277,109
Officine MaccaFerri SpA, 5.75%, 6/01/21		780		766,491

				35,606,217


Corporate Bonds	Par (000)		Value
Consumer Finance — 1.9%
Ally Financial, Inc.:
5.13%, 9/30/24	USD	2,366	$	2,451,649
4.63%, 3/30/25		2,029		2,029,000
8.00%, 11/01/31		19,308		23,024,790
Navient Corp.:
5.50%, 1/25/23		165		141,900
6.13%, 3/25/24		165		142,313
5.88%, 10/25/24		280		238,700

				28,028,352
Containers & Packaging — 1.1%
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.:
6.25%, 1/31/19 (f)		1,504		1,500,240
6.00%, 6/30/21 (f)		2,027		1,996,595
4.25%, 1/15/22	EUR	1,855		2,006,447
Ball Corp., 4.00%, 11/15/23	USD	1,374		1,312,170
Beverage Packaging Holdings Luxembourg II SA (f):
5.63%, 12/15/16		978		973,110
6.00%, 6/15/17		1,642		1,633,790
Crown Americas LLC/Crown Americas Capital Corp. III, 6.25%, 2/01/21		93		96,139
Crown European Holdings SA, 4.00%, 7/15/22	EUR	758		838,906
JH-Holding Finance SA, (8.25% Cash), 8.25%, 12/01/22 (g)		300		331,480
Sealed Air Corp. (f):
4.88%, 12/01/22	USD	709		719,635
5.13%, 12/01/24		3,431		3,508,198
SGD Group SAS, 5.63%, 5/15/19	EUR	405		439,075

				15,355,785
Diversified Consumer Services — 0.2%
Cognita Financing PLC, 7.75%, 8/15/21	GBP	225		345,650
Laureate Education, Inc., 9.25%, 9/01/19 (f)	USD	1,205		921,825
Service Corp. International, 5.38%, 5/15/24		2,050		2,147,375

				3,414,850
Diversified Financial Services — 3.4%
AerCap Ireland Capital, Ltd./AerCap Global Aviation Trust:
4.63%, 10/30/20		3,053		3,136,957
4.50%, 5/15/21		780		796,575
5.00%, 10/01/21		4,340		4,502,750
4.63%, 7/01/22		691		698,774



BLACKROCK CORPORATE HIGH YIELD FUND, INC.	NOVEMBER 30, 2015	5


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


Corporate Bonds	Par (000)		Value
Diversified Financial Services (continued)
Aircastle, Ltd.:
7.63%, 4/15/20	GBP	128	$	145,280
5.13%, 3/15/21		1,387		1,444,214
5.50%, 2/15/22		880		921,800
DFC Finance Corp., 10.50%, 6/15/20 (f)		2,745		1,797,975
Gala Group Finance PLC, 8.88%, 9/01/18		2,437		3,841,350
Garfunkelux Holdco 3 SA, 8.50%, 11/01/22		325		504,167
HRG Group, Inc., 7.88%, 7/15/19 (f)	USD	2,745		2,912,802
HSH Nordbank AG, 0.76%, 2/14/17 (e)	EUR	313		300,176
International Lease Finance Corp.:
5.88%, 4/01/19	USD	160		170,000
8.25%, 12/15/20		150		178,875
4.63%, 4/15/21		687		707,610
5.88%, 8/15/22		4,010		4,333,807
Jarden Corp., 1.88%, 9/15/18 (i)		100		154,063
Jefferies Finance LLC/JFIN Co-Issuer Corp. (f):
7.38%, 4/01/20		2,695		2,610,781
6.88%, 4/15/22		2,987		2,718,170
Lehman Brothers Holdings Escrow, 1.00%, 9/22/18 (a)(j)		430		32,250
Lehman Brothers Holdings, Inc. (a)(j):
4.75%, 1/16/15	EUR	1,890		197,192
5.38%, 10/17/15		350		36,517
1.00%, 2/05/16		3,950		401,687
1.00%, 12/31/49		1,535		115,125
Mercury Bondco PLC, 8.25%, 5/30/21 (g)		1,803		1,923,771
MSCI, Inc., 5.75%, 8/15/25 (f)	USD	1,667		1,729,512
Pershing Square Holdings, Ltd., 5.50%, 7/15/22 (f)		2,100		1,981,770
ProGroup AG, 5.13%, 5/01/22	EUR	206		229,143
Reynolds Group Issuer, Inc.:
9.88%, 8/15/19	USD	899		932,713
5.75%, 10/15/20		5,521		5,659,025
8.25%, 2/15/21		3,706		3,715,265
UniCredit SpA, 6.95%, 10/31/22	EUR	275		348,901

				49,178,997
Diversified Telecommunication Services — 3.4%
CenturyLink, Inc.:
6.45%, 6/15/21	USD	2,678		2,612,443
Series V, 5.63%, 4/01/20		3,867		3,833,164
Cequel Communications Holdings I LLC/Cequel Capital Corp., 5.13%, 12/15/21 (f)		1,025		946,844


Corporate Bonds	Par (000)		Value
Diversified Telecommunication Services (continued)
Consolidated Communications, Inc., 6.50%, 10/01/22	USD	1,020	$	869,550
Frontier Communications Corp.:
8.50%, 4/15/20		2,275		2,277,844
6.25%, 9/15/21		3,005		2,573,031
7.13%, 1/15/23		955		804,587
7.63%, 4/15/24		1,177		994,565
6.88%, 1/15/25		2,902		2,379,640
11.00%, 9/15/25 (f)		4,017		3,936,660
Level 3 Financing, Inc.:
7.00%, 6/01/20		2,395		2,529,719
5.13%, 5/01/23 (f)		3,087		3,063,847
5.38%, 1/15/24 (f)		1,771		1,773,214
5.38%, 5/01/25 (f)		7,872		7,822,800
Telecom Italia Capital SA:
6.38%, 11/15/33		745		722,650
6.00%, 9/30/34		2,890		2,716,658
Telecom Italia Finance SA, 7.75%, 1/24/33	EUR	380		538,470
Telecom Italia SpA:
6.38%, 6/24/19	GBP	900		1,495,159
3.25%, 1/16/23	EUR	500		548,674
5.88%, 5/19/23	GBP	1,900		3,157,722
Telenet Finance V Luxembourg SCA:
6.25%, 8/15/22	EUR	1,362		1,561,337
6.75%, 8/15/24		1,982		2,313,960

				49,472,538
Electric Utilities — 0.3%
Enel SpA, 6.50%, 1/10/74 (e)		577		665,237
Homer City Generation LP (g):
(8.14% Cash), 8.14%, 10/01/19	USD	689		681,867
(8.73% Cash), 8.73%, 10/01/26		2,030		2,009,391
Viridian Group FundCo II Ltd., 7.50%, 3/01/20	EUR	624		674,121

				4,030,616
Electrical Equipment — 0.3%
Areva SA, 4.88%, 9/23/24		50		55,022
Belden, Inc., 5.50%, 4/15/23		1,372		1,473,504
International Wire Group Holdings, Inc., 8.50%, 10/15/17 (f)	USD	1,421		1,477,840
Trionista Holdco GmbH, 5.00%, 4/30/20	EUR	1,405		1,534,330
Trionista TopCo GmbH, 6.88%, 4/30/21		418		470,424

				5,011,120



6	BLACKROCK CORPORATE HIGH YIELD FUND, INC.	NOVEMBER 30, 2015


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


Corporate Bonds	Par (000)		Value
Electronic Equipment, Instruments & Components — 0.3%
CDW LLC/CDW Finance Corp., 5.00%, 9/01/23	USD	4,354	$	4,375,770
Energy Equipment & Services — 1.1%
Calfrac Holdings LP, 7.50%, 12/01/20 (f)		3,862		1,776,520
Gates Global LLC/Gates Global Co., 5.75%, 7/15/22	EUR	110		89,518
Genesis Energy LP/Genesis Energy Finance Corp.:
5.75%, 2/15/21	USD	283		257,530
6.75%, 8/01/22		811		754,230
Linn Energy LLC/Linn Energy Finance Corp., 12.00%, 12/15/20 (f)		522		321,030
MEG Energy Corp. (f):
6.50%, 3/15/21		4,781		4,111,660
6.38%, 1/30/23		575		477,250
Peabody Energy Corp., 6.00%, 11/15/18		1,000		231,300
Precision Drilling Corp., 5.25%, 11/15/24		4,147		3,234,660
Transocean, Inc.:
3.00%, 10/15/17		1,914		1,808,730
6.00%, 3/15/18		2,520		2,406,600
6.50%, 11/15/20		1,019		805,010
4.30%, 10/15/22		346		221,440

				16,495,478
Food & Staples Retailing — 2.4%
Bakkavor Finance 2 PLC:
8.25%, 2/15/18	GBP	825		1,279,978
8.75%, 6/15/20		665		1,091,696
Brakes Capital, 7.13%, 12/15/18		830		1,296,339
CVS Health Corp., 4.75%, 12/01/22 (f)	USD	793		856,527
Dollar Tree Inc. (f):
5.25%, 3/01/20		817		845,595
5.75%, 3/01/23		13,489		13,994,837
Family Dollar Stores, Inc., 5.00%, 2/01/21		1,344		1,383,354
R&R Ice Cream PLC:
4.75%, 5/15/20	EUR	745		810,956
(9.25% Cash or 10.00% PIK), 9.25%, 5/15/18 (g)		823		882,265
Rite Aid Corp.:
9.25%, 3/15/20	USD	2,080		2,223,000
6.75%, 6/15/21		1,091		1,161,915
6.13%, 4/01/23 (f)		9,022		9,563,320

				35,389,782
Food Products — 1.0%
Acosta Inc., 7.75%, 10/01/22 (f)		3,385		3,122,663


Corporate Bonds	Par (000)		Value
Food Products (continued)
Boparan Finance PLC:
4.38%, 7/15/21	EUR	249	$	238,088
5.50%, 7/15/21	GBP	422		575,194
Post Holdings, Inc. (f):
7.75%, 3/15/24	USD	4,599		4,771,462
8.00%, 7/15/25		1,826		1,912,735
Smithfield Foods, Inc.:
5.88%, 8/01/21 (f)		891		919,958
6.63%, 8/15/22		1,516		1,606,960
WhiteWave Foods Co., 5.38%, 10/01/22		1,255		1,335,006

				14,482,066
Forest Products — 0.1%
JBS USA LLC/JBS USA Finance, Inc., 5.75%, 6/15/25 (f)		1,280		1,220,480
Health Care Equipment & Supplies — 0.9%
3AB Optique Development SAS, 5.63%, 4/15/19	EUR	380		384,442
Crimson Merger Sub, Inc., 6.63%, 5/15/22 (f)	USD	3,373		2,757,427
DJO Finance LLC/DJO Finance Corp., 8.13%, 6/15/21 (f)		6,387		5,748,300
Fresenius Medical Care US Finance, Inc., 5.75%, 2/15/21 (f)		1,580		1,706,400
IDH Finance PLC:
6.00%, 12/01/18	GBP	414		627,578
6.00%, 12/01/18 (f)		200		303,178
Mallinckrodt International Finance SA/Mallinckrodt CB LLC (f):
4.88%, 4/15/20	USD	980		886,900
5.75%, 8/01/22		1,250		1,106,250

				13,520,475
Health Care Providers & Services — 6.9%
Acadia Healthcare Co., Inc.:
5.13%, 7/01/22		1,145		1,122,100
5.63%, 2/15/23		1,825		1,788,500
Alere, Inc.:
7.25%, 7/01/18		2,449		2,532,046
6.38%, 7/01/23 (f)		2,013		2,038,162
Amsurg Corp., 5.63%, 7/15/22		6,938		6,816,585
Care UK Health & Social Care PLC, 5.58%, 7/15/19 (e)	GBP	531		740,558
Centene Corp., 4.75%, 5/15/22	USD	2,427		2,369,359
CHS/Community Health Systems, Inc.:
5.13%, 8/15/18		2,125		2,167,500
6.88%, 2/01/22		3,948		3,819,690
DaVita HealthCare Partners, Inc.:
5.13%, 7/15/24		3,576		3,567,060



BLACKROCK CORPORATE HIGH YIELD FUND, INC.	NOVEMBER 30, 2015	7


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


Corporate Bonds	Par (000)		Value
Health Care Providers & Services (continued)
DaVita HealthCare Partners, Inc (concluded).:
5.00%, 5/01/25	USD	6,156	$	5,909,760
ExamWorks Group, Inc., 5.63%, 4/15/23		1,741		1,732,295
HCA Holdings, Inc., 6.25%, 2/15/21		1,390		1,476,875
HCA, Inc.:
3.75%, 3/15/19		2,911		2,940,110
6.50%, 2/15/20		4,735		5,238,094
7.50%, 2/15/22		4,261		4,761,667
5.88%, 3/15/22		2,105		2,257,612
4.75%, 5/01/23		1,487		1,475,848
5.88%, 5/01/23		4,096		4,229,120
5.00%, 3/15/24		1,955		1,969,663
5.38%, 2/01/25		8,136		7,993,620
HealthSouth Corp.:
5.13%, 3/15/23		2,840		2,733,500
5.75%, 11/01/24		2,014		1,943,510
5.75%, 11/01/24 (f)		1,428		1,378,020
5.75%, 9/15/25 (f)		2,065		1,977,237
Hologic, Inc., 5.25%, 7/15/22 (f)		2,620		2,724,800
MPH Acquisition Holdings LLC, 6.63%, 4/01/22 (f)		1,280		1,292,800
Sterigenics-Nordion Holdings LLC, 6.50%, 5/15/23 (f)		424		424,530
Surgical Care Affiliates, Inc., 6.00%, 4/01/23 (f)		2,641		2,594,782
Tenet Healthcare Corp.:
6.25%, 11/01/18		1,308		1,379,940
4.75%, 6/01/20		1,805		1,823,050
3.84%, 6/15/20 (e)(f)		1,432		1,412,310
6.00%, 10/01/20		3,835		4,074,687
4.50%, 4/01/21		74		73,075
4.38%, 10/01/21		2,030		1,994,475
8.13%, 4/01/22		3,258		3,247,819
6.75%, 6/15/23		1,898		1,774,630
Voyage Care Bondco PLC, 6.50%, 8/01/18	GBP	786		1,202,782
WellCare Health Plans, Inc., 5.75%, 11/15/20	USD	1,066		1,108,203

				100,106,374
Health Care Technology — 0.1%
IMS Health, Inc., 6.00%, 11/01/20 (f)		795		812,888
Hotels, Restaurants & Leisure — 4.6%
Boyd Gaming Corp., 6.88%, 5/15/23		4,396		4,599,315


Corporate Bonds	Par (000)		Value
Hotels, Restaurants & Leisure (continued)
Caesars Entertainment Resort Properties LLC/Caesars Entertainment Resort Property, 8.00%, 10/01/20	USD	5,870	$	5,693,900
Carlson Travel Holdings, Inc., (7.50% Cash or 8.25% PIK), 7.50%, 8/15/19 (f)(g)		654		652,365
CDW LLC/CDW Finance Corp., 5.50%, 12/01/24		6,477		6,509,385
Cedar Fair LP/Canada’s Wonderland Co., 5.38%, 6/01/24		1,070		1,086,050
Cirsa Funding Luxembourg SA, 5.88%, 5/15/23	EUR	966		1,000,214
CPUK Finance, Ltd., 7.00%, 2/28/42	GBP	375		581,962
Enterprise Funding Ltd., Series ETI, 3.50%, 9/10/20 (i)		400		514,483
ESH Hospitality, Inc., 5.25%, 5/01/25 (f)	USD	1,708		1,686,650
International Game Technology PLC:
4.13%, 2/15/20	EUR	255		272,788
6.25%, 2/15/22 (f)	USD	400		380,752
4.75%, 2/15/23	EUR	310		317,213
Intralot Capital Luxembourg SA, 6.00%, 5/15/21		303		297,700
Intralot Finance Luxembourg SA, 9.75%, 8/15/18		1,570		1,741,755
Jarden Corp., 5.00%, 11/15/23 (f)	USD	1,007		1,033,308
MGM Resorts International:
6.75%, 10/01/20		5,110		5,338,366
6.63%, 12/15/21		1,130		1,178,025
6.00%, 3/15/23		5,212		5,163,138
New Red Finance, Inc., 6.00%, 4/01/22 (f)		4,455		4,622,063
Pinnacle Entertainment, Inc., 6.38%, 8/01/21		2,405		2,549,300
PortAventura Entertainment Barcelona BV, 7.25%, 12/01/20	EUR	339		369,812
Regal Entertainment Group, 5.75%, 2/01/25	USD	489		476,775
RHP Hotel Properties LP/RHP Finance Corp., 5.00%, 4/15/23		1,534		1,549,340
Sabre GLBL, Inc. (f):
5.38%, 4/15/23		1,516		1,516,000
5.25%, 11/15/23		807		794,895
Six Flags Entertainment Corp., 5.25%, 1/15/21 (f)		3,247		3,323,954
Snai SpA, 7.63%, 6/15/18	EUR	866		896,746
Station Casinos LLC, 7.50%, 3/01/21	USD	6,110		6,476,600



8	BLACKROCK CORPORATE HIGH YIELD FUND, INC.	NOVEMBER 30, 2015


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


Corporate Bonds	Par (000)		Value
Hotels, Restaurants & Leisure (continued)
Tropicana Entertainment LLC/Tropicana Finance Corp., 9.63%, 12/15/15 (a)(j)	USD	1,850	$	—
Unique Pub Finance Co. PLC:
Series A3, 6.54%, 3/30/21	GBP	1,868		2,912,111
Series A4, 5.66%, 6/30/27		807		1,212,165
Series N, 6.46%, 3/30/32		1,000		1,285,455
Vougeot Bidco PLC, 7.88%, 7/15/20		320		510,869

				66,543,454
Household Durables — 3.3%
Ashton Woods USA LLC/Ashton Woods Finance Co., 6.88%, 2/15/21 (f)	USD	1,262		1,161,040
Beazer Homes USA, Inc.:
6.63%, 4/15/18		215		218,763
5.75%, 6/15/19		3,638		3,437,910
7.50%, 9/15/21		2,294		2,196,505
Brookfield Residential Properties, Inc./Brookfield Residential US Corp., 6.13%, 7/01/22 (f)		1,604		1,507,760
DR Horton, Inc., 4.00%, 2/15/20		2,408		2,447,732
K. Hovnanian Enterprises, Inc., 7.25%, 10/15/20 (f)		387		344,430
Lennar Corp.:
4.50%, 11/15/19		2,482		2,544,050
4.88%, 12/15/23		1,728		1,728,000
NCR Corp., 6.38%, 12/15/23		860		857,850
Project Homestake Merger Co., 8.88%, 3/01/23 (f)		3,574		3,399,767
PulteGroup, Inc., 6.38%, 5/15/33		2,805		2,875,125
Ryland Group, Inc., 6.63%, 5/01/20		1,160		1,278,900
Shea Homes LP/Shea Homes Funding Corp. (f):
5.88%, 4/01/23		2,283		2,357,197
6.13%, 4/01/25		2,308		2,383,010
Standard Pacific Corp.:
10.75%, 9/15/16		3,420		3,642,300
8.38%, 1/15/21		4,270		5,006,575
5.88%, 11/15/24		1,480		1,546,600
Taylor Morrison Communities, Inc./Monarch Communities, Inc., 5.25%, 4/15/21 (f)		744		745,860
TRI Pointe Holdings, Inc.:
4.38%, 6/15/19		2,270		2,252,975
5.88%, 6/15/24		1,540		1,528,450
William Lyon Homes, Inc., 8.50%, 11/15/20		4,579		4,876,635

				48,337,434


Corporate Bonds	Par (000)		Value
Household Products — 0.5%
Spectrum Brands, Inc.:
6.38%, 11/15/20	USD	2,125	$	2,273,750
6.63%, 11/15/22		1,385		1,478,488
6.13%, 12/15/24 (f)		1,290		1,344,825
5.75%, 7/15/25 (f)		2,521		2,599,781

				7,696,844
Independent Power and Renewable Electricity Producers — 1.7%
Abengoa Yield PLC, 7.00%, 11/15/19 (f)		200		174,500
Calpine Corp.:
6.00%, 1/15/22 (f)		1,321		1,370,538
5.38%, 1/15/23		2,089		1,947,993
5.88%, 1/15/24 (f)		1,999		2,063,968
5.50%, 2/01/24		2,344		2,176,990
5.75%, 1/15/25		2,301		2,154,311
Dynegy, Inc.:
6.75%, 11/01/19		4,785		4,674,371
7.38%, 11/01/22		560		539,806
MPM Escrow LLC, 8.88%, 10/15/20		3,738		—
NRG Energy, Inc.:
7.88%, 5/15/21		760		758,100
6.25%, 7/15/22		1,129		1,044,325
6.63%, 3/15/23		131		120,520
6.25%, 5/01/24		3,167		2,866,135
NRG Yield Operating LLC, 5.38%, 8/15/24		1,295		1,177,828
QEP Resources, Inc.:
5.38%, 10/01/22		1,843		1,658,700
5.25%, 5/01/23		2,200		1,963,500
TerraForm Power Operating LLC, 6.13%, 6/15/25 (f)		709		503,390

				25,194,975
Insurance — 0.9%
CNO Financial Group, Inc.:
4.50%, 5/30/20		593		604,860
5.25%, 5/30/25		1,470		1,495,725
Genworth Holdings, Inc., 4.80%, 2/15/24		1,120		823,200
HUB International Ltd., 7.88%, 10/01/21 (f)		3,920		3,763,200
Pension Insurance Corp. PLC, 6.50%, 7/03/24	GBP	775		1,144,480
TMF Group Holding BV, 9.88%, 12/01/19	EUR	570		644,390
Trader Corp., 9.88%, 8/15/18 (f)	USD	3,650		3,837,062
UNIQA Insurance Group AG, 6.00%, 7/27/46 (e)	EUR	200		222,307

				12,535,224



BLACKROCK CORPORATE HIGH YIELD FUND, INC.	NOVEMBER 30, 2015	9


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


Corporate Bonds	Par (000)		Value
Internet Software & Services — 0.9%
Blue Coat Holdings, Inc., 8.38%, 6/01/23 (f)	USD	2,418	$	2,466,360
Cerved Group SpA:
6.38%, 1/15/20	EUR	601		658,163
8.00%, 1/15/21		400		449,583
Equinix, Inc.:
5.38%, 1/01/22	USD	1,110		1,132,200
5.75%, 1/01/25		1,172		1,186,650
Interactive Data Corp., 5.88%, 4/15/19 (f)		5,276		5,381,520
Netflix, Inc., 5.50%, 2/15/22 (f)		1,992		2,061,720

				13,336,196
IT Services — 3.3%
Ceridian HCM Holding, Inc., 11.00%, 3/15/21 (f)		1,349		1,058,965
First Data Corp. (f):
5.38%, 8/15/23		6,630		6,758,489
7.00%, 12/01/23		15,597		15,733,474
5.00%, 1/15/24		4,285		4,285,000
5.75%, 1/15/24		15,680		15,680,000
WEX, Inc., 4.75%, 2/01/23 (f)		4,804		4,443,700

				47,959,628
Machinery — 0.1%
SPX FLOW Inc, 6.88%, 9/01/17		980		1,036,350
Trinseo Materials Operating SCA/Trinseo Materials Finance, Inc., 6.38%, 5/01/22	EUR	549		588,021

				1,624,371
Media — 14.8%
Altice Financing SA:
6.50%, 1/15/22 (f)	USD	1,945		1,954,725
5.25%, 2/15/23	EUR	585		630,443
6.63%, 2/15/23 (f)	USD	3,450		3,421,951
Altice SA:
7.25%, 5/15/22	EUR	1,958		2,006,911
7.75%, 5/15/22 (f)	USD	2,525		2,360,875
6.25%, 2/15/25	EUR	842		779,525
7.63%, 2/15/25 (f)	USD	2,576		2,254,000
Altice US Finance I Corp., 5.38%, 7/15/23 (f)		7,360		7,360,000
Altice US Finance II Corp., 7.75%, 7/15/25 (f)		2,704		2,602,600
Altice US Finance SA, 7.75%, 7/15/25 (f)		3,325		3,192,000
AMC Networks, Inc.:
7.75%, 7/15/21		480		510,259
4.75%, 12/15/22		1,613		1,602,919
CCO Holdings LLC/CCO Holdings Capital Corp., 5.88%, 5/01/27 (f)		6,267		6,219,997


Corporate Bonds	Par (000)		Value
Media (continued)
CCOH Safari LLC, 5.75%, 2/15/26 (f)	USD	6,249	$	6,280,245
Cengage Learning Acquisitions, Inc., 11.50%, 4/15/20 (a)(j)		3,439		—
Clear Channel Worldwide Holdings, Inc.:
7.63%, 3/15/20		5,090		4,937,300
6.50%, 11/15/22		13,134		12,920,002
Columbus International, Inc., 7.38%, 3/30/21 (f)		2,647		2,789,276
CSC Holdings LLC, 5.25%, 6/01/24		2,935		2,487,413
DISH DBS Corp.:
4.25%, 4/01/18		3,209		3,192,955
5.13%, 5/01/20		300		294,750
5.00%, 3/15/23		5,022		4,344,030
5.88%, 11/15/24		6,239		5,583,905
DreamWorks Animation SKG, Inc., 6.88%, 8/15/20 (f)		541		535,590
Gray Television, Inc., 7.50%, 10/01/20		1,318		1,367,425
Harron Communications LP/Harron Finance Corp., 9.13%, 4/01/20 (f)		4,510		4,774,962
iHeartCommunications, Inc.:
9.00%, 12/15/19		4,684		3,395,900
9.00%, 3/01/21		2,047		1,406,801
9.00%, 9/15/22		3,845		2,624,213
Inmarsat Finance PLC, 4.88%, 5/15/22 (f)		2,805		2,748,900
Intelsat Jackson Holdings SA:
6.63%, 12/15/22		595		359,975
5.50%, 8/01/23		7,130		5,311,850
LGE HoldCo VI BV, 7.13%, 5/15/24	EUR	300		346,284
LIN Television Corp., 6.38%, 1/15/21	USD	1,570		1,644,575
Live Nation Entertainment, Inc., 7.00%, 9/01/20 (f)		987		1,037,584
Midcontinent Communications & Midcontinent Finance Corp., 6.25%, 8/01/21 (f)		3,901		3,969,267
NAI Entertainment Holdings/NAI Entertainment Holdings Finance Corp., 5.00%, 8/01/18 (f)		2,039		2,061,939
Neptune Finco Corp. (f):
10.13%, 1/15/23		4,515		4,718,175
6.63%, 10/15/25		3,498		3,624,802
10.88%, 10/15/25		1,850		1,956,375
Nielsen Finance LLC/Nielsen Finance Co., 5.00%, 4/15/22 (f)		5,232		5,199,300
Numericable Group SA:
5.38%, 5/15/22	EUR	390		428,537



10	BLACKROCK CORPORATE HIGH YIELD FUND, INC.	NOVEMBER 30, 2015


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


Corporate Bonds	Par (000)		Value
Media (continued)
Numericable Group SA (continued):
6.00%, 5/15/22 (f)	USD	8,495	$	8,388,812
5.63%, 5/15/24	EUR	1,334		1,451,720
6.25%, 5/15/24 (f)	USD	2,275		2,240,875
Outfront Media Capital LLC/Outfront Media Capital Corp.:
5.25%, 2/15/22		650		667,063
5.63%, 2/15/24		568		585,040
5.63%, 2/15/24 (f)		496		512,120
Play Finance 2 SA, 5.25%, 2/01/19	EUR	1,070		1,162,502
Radio One, Inc., 7.38%, 4/15/22 (f)	USD	805		744,625
RCN Telecom Services LLC/RCN Capital Corp., 8.50%, 8/15/20 (f)		1,130		1,152,600
Sirius XM Radio, Inc. (f):
4.25%, 5/15/20		2,204		2,215,020
5.75%, 8/01/21		1,811		1,871,940
4.63%, 5/15/23		345		333,788
6.00%, 7/15/24		1,400		1,447,250
5.38%, 4/15/25		5,090		5,039,100
Sterling Entertainment Corp., 9.75%, 12/15/19		4,810		4,810,000
TEGNA, Inc.:
5.13%, 10/15/19		857		891,280
4.88%, 9/15/21 (f)		1,827		1,836,135
5.50%, 9/15/24 (f)		1,308		1,317,810
Townsquare Media, Inc., 6.50%, 4/01/23 (f)		517		487,273
Tribune Media Co., 5.88%, 7/15/22 (f)		3,694		3,694,000
Unitymedia Hessen GmbH & Co. KG/Unitymedia NRW GmbH:
5.50%, 1/15/23 (f)		2,757		2,770,785
5.63%, 4/15/23	EUR	187		211,631
4.00%, 1/15/25		2,711		2,857,145
5.00%, 1/15/25 (f)	USD	1,354		1,318,458
3.50%, 1/15/27	EUR	100		99,844
Univision Communications, Inc. (f):
8.50%, 5/15/21	USD	1,597		1,660,880
5.13%, 5/15/23		11,242		10,876,635
5.13%, 2/15/25		9,535		9,213,194
UPCB Finance IV Ltd., 4.00%, 1/15/27	EUR	400		401,573
Virgin Media Finance PLC, 5.75%, 1/15/25 (f)	USD	2,405		2,338,863
Virgin Media Secured Finance PLC:
6.00%, 4/15/21	GBP	4,935		7,778,306
6.25%, 3/28/29		829		1,267,284


Corporate Bonds	Par (000)		Value
Media (continued)
WaveDivision Escrow LLC/WaveDivision Escrow Corp., 8.13%, 9/01/20 (f)	USD	4,428	$	4,317,300
Wind Acquisition Finance SA, 7.00%, 4/23/21	EUR	100		107,108
Ziggo Bond Finance BV:
4.63%, 1/15/25	USD	902		909,646
5.88%, 1/15/25 (f)		3,773		3,546,620

				215,762,760
Metals & Mining — 3.6%
Alcoa, Inc.:
6.15%, 8/15/20		1,330		1,386,525
5.13%, 10/01/24		6,750		6,387,187
5.90%, 2/01/27		215		209,625
6.75%, 1/15/28		477		491,310
5.95%, 2/01/37		264		232,967
Constellium NV (f):
8.00%, 1/15/23		6,525		5,611,500
5.75%, 5/15/24		5,916		4,437,000
Eco-Bat Finance PLC, 7.75%, 2/15/17	EUR	1,354		1,394,117
First Quantum Minerals Ltd. (f):
7.00%, 2/15/21	USD	392		249,165
7.25%, 5/15/22		1,883		1,162,753
Glencore Finance Europe SA, 4.63%, 4/03/18	EUR	303		304,128
Global Brass & Copper, Inc., 9.50%, 6/01/19	USD	4,660		4,974,550
Kaiser Aluminum Corp., 8.25%, 6/01/20		1,240		1,312,850
Novelis, Inc., 8.75%, 12/15/20		12,437		12,094,982
Ovako AB, 6.50%, 6/01/19	EUR	396		330,620
Ryerson, Inc./Joseph T Ryerson & Son, Inc., 9.00%, 10/15/17	USD	1,070		901,347
Steel Dynamics, Inc.:
5.13%, 10/01/21		3,085		3,000,162
6.38%, 8/15/22		1,345		1,361,812
5.25%, 4/15/23		501		480,960
5.50%, 10/01/24		75		71,625
Teck Resources Ltd.:
3.00%, 3/01/19		1,213		816,501
5.20%, 3/01/42		810		374,625
5.40%, 2/01/43		367		168,820
Wise Metals Group LLC/Wise Alloys Finance Corp., 8.75%, 12/15/18 (f)		5,630		4,447,700

				52,202,831



BLACKROCK CORPORATE HIGH YIELD FUND, INC.	NOVEMBER 30, 2015	11


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


Corporate Bonds	Par (000)		Value
Multi-Utilities — 0.0%
CE Energy AS, 7.00%, 2/01/21	EUR	532	$	578,497
Multiline Retail — 0.8%
CST Brands, Inc., 5.00%, 5/01/23	USD	653		648,103
Debenhams PLC, 5.25%, 7/15/21	GBP	914		1,376,492
Dufry Finance SCA, 5.50%, 10/15/20 (f)	USD	1,927		1,994,445
Hema Bondco I BV, 6.25%, 6/15/19	EUR	992		775,592
Neiman Marcus Group Ltd., 8.00%, 10/15/21 (f)	USD	7,607		6,789,247

				11,583,879
Oil, Gas & Consumable Fuels — 10.9%
Antero Resources Corp.:
5.38%, 11/01/21		3,237		2,978,040
5.13%, 12/01/22		899		818,090
Berry Petroleum Co., 6.38%, 9/15/22		650		260,000
Bonanza Creek Energy, Inc.:
6.75%, 4/15/21		1,222		959,270
5.75%, 2/01/23		2,604		1,770,720
California Resources Corp.:
5.00%, 1/15/20		1,368		872,100
5.50%, 9/15/21		7,910		4,746,000
6.00%, 11/15/24		10,941		6,564,600
Carrizo Oil & Gas, Inc., 6.25%, 4/15/23		1,852		1,689,950
Concho Resources, Inc.:
6.50%, 1/15/22		222		226,440
5.50%, 10/01/22		1,501		1,455,970
5.50%, 4/01/23		1,902		1,854,450
CONSOL Energy, Inc., 5.88%, 4/15/22		11,028		7,223,340
CrownRock LP/CrownRock Finance, Inc. (f):
7.13%, 4/15/21		3,208		3,264,140
7.75%, 2/15/23		1,064		1,082,620
Denbury Resources, Inc.:
6.38%, 8/15/21		496		317,440
5.50%, 5/01/22		2,724		1,688,880
4.63%, 7/15/23		196		113,680
Diamondback Energy, Inc., 7.63%, 10/01/21		2,877		3,056,812
Energy Transfer Equity LP:
7.50%, 10/15/20		695		726,275
5.88%, 1/15/24		5,296		4,898,800
EP Energy LLC/Everest Acquisition Finance, Inc.:
9.38%, 5/01/20		2,290		1,946,500


Corporate Bonds	Par (000)		Value
Oil, Gas & Consumable Fuels (continued)
EP Energy LLC/Everest Acquisition Finance, Inc. (concluded):
6.38%, 6/15/23	USD	882	$	674,730
Genesis Energy LP/Genesis Energy Finance Corp., 6.00%, 5/15/23		1,906		1,672,515
Gulfport Energy Corp., 7.75%, 11/01/20		1,517		1,471,490
Halcon Resources Corp., 8.63%, 2/01/20 (f)		340		267,750
Hilcorp Energy I LP/Hilcorp Finance Co., 5.00%, 12/01/24 (f)		1,758		1,581,110
Jones Energy Holdings LLC/Jones Energy Finance Corp., 6.75%, 4/01/22		1,254		921,690
Laredo Petroleum, Inc., 7.38%, 5/01/22		813		792,675
Legacy Reserves LP/Legacy Reserves Finance Corp., 6.63%, 12/01/21		1,390		545,575
Linn Energy LLC/Linn Energy Finance Corp.:
8.63%, 4/15/20		58		14,790
7.75%, 2/01/21		1,971		413,910
MarkWest Energy Partners LP/MarkWest Energy Finance Corp.:
4.50%, 7/15/23		1,720		1,526,500
4.88%, 6/01/25		2,430		2,162,700
Matador Resources Co., 6.88%, 4/15/23		629		625,855
MEG Energy Corp., 7.00%, 3/31/24 (f)		8,520		7,220,700
Memorial Production Partners LP/Memorial Production Finance Corp.:
7.63%, 5/01/21		635		366,713
6.88%, 8/01/22		1,212		672,660
Memorial Resource Development Corp., 5.88%, 7/01/22		7,593		7,080,472
Newfield Exploration Co., 5.63%, 7/01/24		358		337,415
NGPL PipeCo LLC (f):
7.12%, 12/15/17		1,565		1,381,112
9.63%, 6/01/19		891		775,170
7.77%, 12/15/37		3,380		2,687,100
Oasis Petroleum, Inc.:
6.50%, 11/01/21		2,153		1,830,050
6.88%, 3/15/22		630		540,225
6.88%, 1/15/23		355		306,188
ONEOK, Inc., 7.50%, 9/01/23		1,215		1,166,400
Paramount Resources, Ltd., 6.88%, 6/30/23 (f)		1,612		1,386,320



12	BLACKROCK CORPORATE HIGH YIELD FUND, INC.	NOVEMBER 30, 2015


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


Corporate Bonds	Par (000)		Value
Oil, Gas & Consumable Fuels (continued)
Parsley Energy LLC/Parsley Finance Corp., 7.50%, 2/15/22 (f)	USD	3,361	$	3,411,415
PBF Logistics LP/PBF Logistics Finance Corp., 6.88%, 5/15/23 (f)		776		727,500
PDC Energy, Inc., 7.75%, 10/15/22		995		1,004,950
Petroleum Geo-Services ASA, 7.38%, 12/15/18 (f)		3,816		3,234,060
Range Resources Corp.:
5.75%, 6/01/21		568		529,660
5.00%, 8/15/22		530		469,050
5.00%, 3/15/23		1,193		1,055,805
Regency Energy Partners LP/Regency Energy Finance Corp., 5.50%, 4/15/23		2,059		1,954,763
Rockies Express Pipeline LLC (f):
6.00%, 1/15/19		2,524		2,498,760
6.88%, 4/15/40		2,350		2,185,500
Rose Rock Midstream LP/Rose Rock Finance Corp.:
5.63%, 7/15/22		1,287		1,081,080
5.63%, 11/15/23 (f)		781		644,325
RSP Permian, Inc.:
6.63%, 10/01/22		1,419		1,410,131
6.63%, 10/01/22 (f)		646		641,963
Sabine Pass Liquefaction LLC:
5.63%, 2/01/21		2,148		2,078,190
6.25%, 3/15/22		301		290,841
5.63%, 4/15/23		3,087		2,847,757
5.75%, 5/15/24		7,625		7,034,062
5.63%, 3/01/25 (f)		1,203		1,103,753
Sanchez Energy Corp.:
7.75%, 6/15/21		347		263,720
6.13%, 1/15/23		7,602		5,226,375
SandRidge Energy, Inc. (i):
8.13%, 10/16/22		141		32,959
7.50%, 2/16/23		655		146,966
Seven Generations Energy Ltd., (f):
8.25%, 5/15/20		6,541		6,344,770
6.75%, 5/01/23		995		878,088
SM Energy Co.:
6.50%, 11/15/21		1,365		1,327,463
6.13%, 11/15/22		5,570		5,333,275
6.50%, 1/01/23		951		910,583
5.00%, 1/15/24		135		118,463
5.63%, 6/01/25		324		289,170
Sunoco LP/Sunoco Finance Corp., 6.38%, 4/01/23 (f)		709		717,863
Targa Resources Partners LP/Targa Resources Partners Finance Corp., 6.38%, 8/01/22		3,593		3,494,192


Corporate Bonds	Par (000)		Value
Oil, Gas & Consumable Fuels (continued)
Tesoro Logistics LP/Tesoro Logistics Finance Corp., 6.25%, 10/15/22 (f)	USD	3,154	$	3,260,447
Williams Cos., Inc.:
3.70%, 1/15/23		538		432,764
4.55%, 6/24/24		1,868		1,532,262
Whiting Petroleum Corp.:
5.00%, 3/15/19		830		780,200
1.25%, 4/01/20 (f)(i)		4,172		3,671,360
5.75%, 3/15/21		458		416,780
6.25%, 4/01/23		3,023		2,811,390
WPX Energy, Inc., 5.25%, 9/15/24		380		314,450

				159,443,037
Paper & Forest Products — 0.3%
Clearwater Paper Corp., 4.50%, 2/01/23		151		144,205
Norbord, Inc., 6.25%, 4/15/23 (f)		1,605		1,600,988
Pfleiderer GmbH, 7.88%, 8/01/19	EUR	430		474,406
Unifrax I LLC/Unifrax Holding Co., 7.50%, 2/15/19 (f)	USD	2,865		2,707,425

				4,927,024
Pharmaceuticals — 4.7%
Concordia Healthcare Corp., 7.00%, 4/15/23 (f)		504		433,440
DPx Holdings BV, 7.50%, 2/01/22 (f)		2,050		2,070,500
Endo Finance LLC/Endo Finco, Inc. (f):
7.50%, 12/15/20		628		650,765
7.75%, 1/15/22		696		701,220
6.00%, 7/15/23		4,074		3,921,225
6.00%, 2/01/25		5,806		5,515,700
Ephios Bondco PLC, 6.25%, 7/01/22	EUR	1,185		1,323,626
Ephios Holdco II PLC, 8.25%, 7/01/23		259		282,540
Grifols Worldwide Operations, Ltd., 5.25%, 4/01/22	USD	4,047		4,107,705
Jaguar Holding Co. II/Pharmaceutical Product Development LLC, 6.38%, 8/01/23 (f)		6,076		5,832,960
PRA Holdings, Inc., 9.50%, 10/01/23 (f)		453		503,963
Valeant Pharmaceuticals International, Inc.:
6.75%, 8/15/18 (f)		1,443		1,406,925
5.38%, 3/15/20 (f)		5,597		5,009,315
7.00%, 10/01/20 (f)		4,393		4,085,490



BLACKROCK CORPORATE HIGH YIELD FUND, INC.	NOVEMBER 30, 2015	13


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


Corporate Bonds	Par (000)		Value
Valeant Pharmaceuticals International, Inc. (concluded):
6.38%, 10/15/20 (f)	USD	9,183	$	8,413,924
7.50%, 7/15/21 (f)		2,110		1,994,119
6.75%, 8/15/21 (f)		2,793		2,527,665
5.50%, 3/01/23 (f)		2,372		2,033,990
4.50%, 5/15/23	EUR	2,194		1,935,588
5.88%, 5/15/23 (f)	USD	9,073		7,848,145
6.13%, 4/15/25 (f)		8,725		7,547,125

				68,145,930
Professional Services — 0.2%
Truven Health Analytics, Inc., 10.63%, 6/01/20		2,840		2,939,400
Real Estate Investment Trusts (REITs) — 0.6%
Aroundtown Property Holdings PLC, 3.00%, 12/09/21	EUR	1,200		1,242,502
Corrections Corp. of America, 4.63%, 5/01/23	USD	1,550		1,470,563
FelCor Lodging LP, 6.00%, 6/01/25		2,396		2,467,880
Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp., 5.63%, 10/15/21		2,911		3,030,933
iStar Financial, Inc.:
4.00%, 11/01/17		685		666,163
5.00%, 7/01/19		480		465,600

				9,343,641
Real Estate Management & Development — 1.0%
Crescent Resources LLC/Crescent Ventures, Inc., 10.25%, 8/15/17 (f)		1,794		1,816,425
Lennar Corp., 4.75%, 11/15/22		158		157,605
Punch Taverns Finance B Ltd., Series A6, 5.94%, 9/30/22	GBP	532		781,214
Punch Taverns Finance PLC, Series M3, 6.08%, 10/15/27 (e)(f)		1,202		1,617,241
Realogy Group LLC/Realogy Co-Issuer Corp. (f):
4.50%, 4/15/19	USD	2,421		2,505,735
5.25%, 12/01/21		4,524		4,682,340
Rialto Holdings LLC/Rialto Corp., 7.00%, 12/01/18 (f)		1,065		1,086,300
Woodside Homes Co. LLC/Woodside Homes Finance, Inc., 6.75%, 12/15/21 (f)		2,305		2,034,162

				14,681,022
Road & Rail — 1.0%
Avis Budget Car Rental LLC/Avis Budget Finance, Inc., 5.25%, 3/15/25 (f)		1,810		1,742,125
EC Finance PLC, 5.13%, 7/15/21	EUR	675		749,079


Corporate Bonds	Par (000)		Value
Road & Rail (continued)
Florida East Coast Holdings Corp., 6.75%, 5/01/19 (f)	USD	2,037	$	1,996,260
Hertz Corp.:
7.50%, 10/15/18		3,220		3,284,400
5.88%, 10/15/20		370		381,100
7.38%, 1/15/21		2,360		2,455,604
6.25%, 10/15/22		1,490		1,549,600
United Rentals North America, Inc., 5.50%, 7/15/25		1,483		1,483,000
Watco Cos. LLC/Watco Finance Corp., 6.38%, 4/01/23 (f)		1,093		1,087,535

				14,728,703
Semiconductors & Semiconductor Equipment — 1.2%
Advanced Micro Devices, Inc.:
7.50%, 8/15/22		665		452,200
7.00%, 7/01/24		440		295,073
Micron Technology, Inc., 5.25%, 1/15/24 (f)		3,675		3,417,750
NXP BV/NXP Funding LLC (f):
4.13%, 6/15/20		2,975		2,963,844
5.75%, 2/15/21		2,065		2,157,925
4.63%, 6/15/22		1,319		1,302,512
5.75%, 3/15/23		2,180		2,253,575
Sensata Technologies BV (f):
5.63%, 11/01/24		903		916,545
5.00%, 10/01/25		3,923		3,707,235

				17,466,659
Software — 1.4%
Audatex North America, Inc., 6.13%, 11/01/23 (f)		3,360		3,385,200
Ensemble S Merger Sub, Inc., 9.00%, 9/30/23 (f)		1,553		1,541,352
Igloo Holdings Corp., (8.25% Cash or 9.00% PIK), 8.25%, 12/15/17 (f)(g)		881		884,260
Infor Software Parent LLC/Infor Software Parent, Inc., (7.13% Cash or 7.88% PIK), 7.13%, 5/01/21 (f)(g)		3,366		2,612,857
Infor US, Inc. (f):
5.75%, 8/15/20		931		933,328
6.50%, 5/15/22		5,288		4,693,100
Informatica LLC, 7.13%, 7/15/23 (f)		1,949		1,871,040
Nuance Communications, Inc., 5.38%, 8/15/20 (f)		2,430		2,466,450
SS&C Technologies Holdings, Inc., 5.88%, 7/15/23 (f)		1,472		1,527,200

				19,914,787



14	BLACKROCK CORPORATE HIGH YIELD FUND, INC.	NOVEMBER 30, 2015


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


Corporate Bonds	Par (000)		Value
Specialty Retail — 1.6%
Asbury Automotive Group, Inc., 6.00%, 12/15/24	USD	1,168	$	1,211,800
Hillman Group, Inc., 6.38%, 7/15/22 (f)		1,438		1,279,820
L Brands, Inc.:
8.50%, 6/15/19		3,925		4,592,250
6.88%, 11/01/35 (f)		3,749		3,842,725
Magnolia BC SA, 9.00%, 8/01/20	EUR	652		743,119
New Look Secured Issuer PLC, 6.50%, 7/01/22	GBP	1,070		1,620,857
Party City Holdings, Inc., 6.13%, 8/15/23 (f)	USD	1,020		971,550
Penske Automotive Group, Inc.:
5.75%, 10/01/22		3,575		3,691,187
5.38%, 12/01/24		2,475		2,505,937
Sally Holdings LLC/Sally Capital, Inc., 5.75%, 6/01/22		1,599		1,666,958
THOM Europe SAS, 7.38%, 7/15/19	EUR	1,190		1,331,223

				23,457,426
Textiles, Apparel & Luxury Goods — 0.5%
Levi Strauss & Co.:
6.88%, 5/01/22	USD	2,430		2,624,400
5.00%, 5/01/25		1,456		1,452,360
Springs Industries, Inc., 6.25%, 6/01/21		1,744		1,744,000
William Carter Co., 5.25%, 8/15/21		788		809,670

				6,630,430
Thrifts & Mortgage Finance — 0.2%
Radian Group, Inc.:
3.00%, 11/15/17 (i)		330		434,569
2.25%, 3/01/19 (i)		712		970,100
5.25%, 6/15/20		991		971,180

				2,375,849
Trading Companies & Distributors — 0.3%
Ashtead Capital, Inc. (f):
6.50%, 7/15/22		2,451		2,561,295
5.63%, 10/01/24		779		792,632
Travis Perkins PLC, 4.38%, 9/15/21	GBP	729		1,111,732

				4,465,659
Transportation Infrastructure — 0.3%
Aguila 3 SA, 7.88%, 1/31/18 (f)	USD	2,496		2,558,400
CEVA Group PLC, 7.00%, 3/01/21 (f)		550		475,750


Corporate Bonds	Par (000)		Value
JCH Parent, Inc., (10.50% Cash or 11.25% PIK), 10.50%, 3/15/19 (f)(g)	USD	2,663	$	1,677,971

				4,712,121
Wireless Telecommunication Services — 6.0%
Communications Sales & Leasing, Inc., 6.00%, 4/15/23 (f)		689		651,105
Communications Sales & Leasing, Inc./CSL Capital LLC, 8.25%, 10/15/23		3,115		2,772,350
Crown Castle International Corp.:
4.88%, 4/15/22		215		219,838
5.25%, 1/15/23		3,571		3,700,449
Digicel Group Ltd., 7.13%, 4/01/22 (f)		2,085		1,679,905
Digicel Ltd., 6.00%, 4/15/21 (f)		7,184		6,411,720
Equinix, Inc., 5.88%, 1/15/26 (k)		2,567		2,605,505
Geo Group, Inc.:
5.88%, 1/15/22		350		345,188
5.88%, 10/15/24		2,030		1,981,787
Level 3 Financing, Inc., 5.63%, 2/01/23		2,762		2,782,715
SBA Communications Corp., 4.88%, 7/15/22		4,749		4,719,319
Sprint Capital Corp., 8.75%, 3/15/32		1,330		1,039,063
Sprint Communications, Inc. (f):
9.00%, 11/15/18		17,517		18,918,360
7.00%, 3/01/20		6,812		6,952,497
Sprint Corp.:
7.88%, 9/15/23		6,369		5,127,045
7.13%, 6/15/24		5,862		4,484,430
7.63%, 2/15/25		1,620		1,272,712
T-Mobile USA, Inc.:
6.63%, 4/28/21		2,535		2,620,556
6.13%, 1/15/22		367		374,527
6.73%, 4/28/22		1,227		1,263,810
6.00%, 3/01/23		2,244		2,255,220
6.50%, 1/15/24		2,638		2,657,785
6.38%, 3/01/25		4,045		4,024,775
6.50%, 1/15/26		4,881		4,874,899
Wind Acquisition Finance SA, 4.00%, 7/15/20	EUR	3,799		4,064,005

				87,799,565
Total Corporate Bonds — 110.5%				1,612,648,214



BLACKROCK CORPORATE HIGH YIELD FUND, INC.	NOVEMBER 30, 2015	15


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


Floating Rate Loan Interests (e)	Par (000)		Value
Air Freight & Logistics — 0.2%
CEVA Group PLC, Synthetic LC, 6.50%, 3/19/21	USD	1,149	$	989,792
CEVA Intercompany BV, Dutch Term Loan, 6.50%, 3/19/21		1,193		1,028,124
CEVA Logistics Canada ULC, Canadian Term Loan, 6.50%, 3/19/21		206		177,263
CEVA Logistics US Holdings, Inc., Term Loan, 6.50%, 3/19/21		1,646		1,418,102

				3,613,281
Airlines — 0.9%
Delta Air Lines, Inc., 2018 Term Loan B1, 3.25%, 10/18/18		2,325		2,319,886
Gol LuxCo SA, 1st Lien Term Loan, 6.50%, 8/31/20		3,885		3,787,875
Northwest Airlines, Inc.:
2.39%, 3/10/17		2,658		2,631,090
1.77%, 9/10/18		4,871		4,724,870

				13,463,721
Auto Components — 0.5%
Gates Global, Inc., Term Loan B, 4.25%, 7/05/21		7,385		6,889,578
Building Products — 0.0%
Hanson Building Products Ltd., 1st Lien Term Loan, 6.50%, 3/13/22		521		505,473
Capital Markets — 0.2%
American Capital Holdings, Inc., 2017 Term Loan, 3.50%, 8/22/17		2,953		2,945,847
Chemicals — 0.2%
Axalta Coating Systems US Holdings, Inc., Term Loan, 3.75%, 2/01/20		224		221,454
MacDermid, Inc., Term Loan B3, 5.50%, 6/07/20		1,157		1,124,824
OXEA Finance LLC, 2nd Lien Term Loan, 9.50%, 7/15/20		1,615		1,456,197

				2,802,475
Commercial Services & Supplies — 0.2%
Brand Energy & Infrastructure Services, Inc., Term Loan B, 4.75%, 11/26/20		2,794		2,575,492


Floating Rate Loan Interests (e)	Par (000)		Value
Communications Equipment — 0.3%
Avaya, Inc., Term Loan B7, 6.25%, 5/29/20	USD	2,239	$	1,693,642
CommScope, Inc., Term Loan B5, 3.75%, 12/29/22		1,235		1,219,180
Riverbed Technology, Inc., Term Loan B, 6.00%, 4/24/22		1,295		1,291,050

				4,203,872
Diversified Financial Services — 0.1%
AssuredPartners, Inc., 2015 1st Lien Term Loan, 5.75%, 10/21/22		1,232		1,224,300
Diversified Telecommunication Services — 0.2%
Hawaiian Telcom Communications, Inc., Term Loan B, 5.00%, 6/06/19		1,417		1,405,551
Level 3 Financing, Inc., 2019 Term Loan, 4.00%, 8/01/19		1,785		1,781,430

				3,186,981
Electrical Equipment — 0.4%
Texas Competitive Electric Holdings Co. LLC, DIP Term Loan, 3.75%, 11/07/16		5,613		5,591,478
Energy Equipment & Services — 0.1%
Dynegy Holdings, Inc., Term Loan B2, 4.00%, 4/23/20		982		962,435
Food & Staples Retailing — 0.0%
Rite Aid Corp., 2nd Lien Term Loan, 5.75%, 8/21/20	USD	600	$	601,752
Health Care Equipment & Supplies — 0.2%
Alere, Inc., 2015 Term Loan B, 4.25%, 6/18/22		747		737,304
DJO Finance LLC, 2015 Term Loan, 4.25%, 6/08/20		2,105		2,053,854

				2,791,158
Health Care Providers & Services — 0.4%
Air Medical Group Holdings, Inc., Term Loan B, 4.50%, 4/28/22		1,666		1,627,927
Envision Healthcare Corp., Term Loan:
5.13%, 7/01/22 (f)		735		705,600
B2, 4.50%, 10/28/22		1,213		1,205,795
Genesis HealthCare Corp., Term Loan B, 10.00%, 12/04/17		1,082		1,092,645
Sterigenics-Nordion Holdings LLC, 2015 Term Loan B, 4.25%, 5/15/22		445		437,212



16	BLACKROCK CORPORATE HIGH YIELD FUND, INC.	NOVEMBER 30, 2015


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


Floating Rate Loan Interests (e)	Par (000)		Value
Health Care Providers & Services (continued)
Surgery Center Holdings, Inc., 1st Lien Term Loan, 5.25%, 11/03/20	USD	959	$	950,498

				6,019,677
Hotels, Restaurants & Leisure — 1.7%
Amaya Holdings BV:
1st Lien Term Loan, 5.00%, 8/01/21		2,421		2,317,248
2nd Lien Term Loan, 8.00%, 8/01/22		2,567		2,534,668
Boyd Gaming Corp., Term Loan B, 4.00%, 8/14/20		1,965		1,951,917
Bronco Midstream Funding LLC, Term Loan B, 5.00%, 8/15/20		5,667		5,128,782
Caesars Entertainment Resort Properties LLC, Term Loan B, 7.00%, 10/11/20		8,292		7,739,798
MGM Resorts International, Term Loan B, 3.50%, 12/20/19		1,752		1,740,501
Pinnacle Entertainment, Inc., Term Loan B2, 3.75%, 8/13/20		969		966,954
Station Casinos LLC, Term Loan B, 4.25%, 3/02/20		1,875		1,859,815

				24,239,683
Independent Power and Renewable Electricity Producers — 0.3%
Energy Future Intermediate Holding Co. LLC, DIP Term Loan, 4.25%, 6/19/16		5,103		5,081,200
Industrial Conglomerates — 0.0%
Sequa Corp., Term Loan B, 5.25%, 6/19/17		616		445,524
Internet Software & Services — 0.1%
Interactive Data Corp., 2014 Term Loan, 4.75%, 5/02/21		1,397		1,393,162
IT Services — 0.5%
Blue Coat Holdings Inc., 2015 Term Loan, 4.50%, 5/20/22		555		538,700
First Data Corp.:
2018 Extended Term Loan, 3.71%, 3/24/18		6,322		6,251,363
2018 Term Loan, 3.71%, 9/24/18		200		197,916

				6,987,979
Machinery — 0.4%
Rexnord LLC, 1st Lien Term Loan B, 4.00%, 8/21/20		2,857		2,789,470


Floating Rate Loan Interests (e)	Par (000)		Value
Machinery (continued)
Silver II US Holdings LLC, Term Loan, 4.00%, 12/13/19	USD	3,375	$	2,955,330

				5,744,800
Media — 0.8%
Cengage Learning Acquisitions, Inc.:
1st Lien Term Loan, 7.00%, 3/31/20		4,001		3,934,512
Term Loan, 0.00%, 7/03/16 (a)(j)		10,469		1
Clear Channel Communications, Inc., Term Loan D, 6.98%, 1/30/19		3,256		2,349,127
Houghton Mifflin Harcourt Publishing Co., 2015 Term Loan B, 4.00%, 5/31/21		3,382		3,237,810
Tribune Media Co., Term Loan, 3.75%, 12/27/20		225		223,418
Univision Communications, Inc., Term Loan C4, 4.00%, 3/01/20	USD	1,776	$	1,747,373

				11,492,241
Metals & Mining — 0.1%
Novelis, Inc., 2015 Term Loan B, 4.00%, 6/02/22		1,575		1,528,259
Multiline Retail — 0.1%
BJ’s Wholesale Club, Inc., 2nd Lien Term Loan, 8.50%, 3/26/20		1,065		1,016,191
Oil, Gas & Consumable Fuels — 0.2%
CITGO Holding, Inc., 2015 Term Loan B, 9.50%, 5/12/18		2,955		2,955,452
Pharmaceuticals — 0.6%
Jaguar Holding Co. II, 2015 Term Loan B, 4.25%, 8/18/22		4,201		4,085,105
Mallinckrodt International Finance SA, Term Loan B, 3.25%, 3/19/21		1,793		1,717,998
Valeant Pharmaceuticals International, Inc.:
Series E Term Loan B, 3.75%, 8/05/20		1,050		987,168
Term Loan B F1, 4.00%, 4/01/22		2,206		2,080,013

				8,870,284
Professional Services — 0.3%
Advantage Sales & Marketing, Inc.:
2014 1st Lien Term Loan, 4.25%, 7/23/21		1,683		1,627,141



BLACKROCK CORPORATE HIGH YIELD FUND, INC.	NOVEMBER 30, 2015	17


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


Floating Rate Loan Interests (e)	Par (000)		Value
Advantage Sales & Marketing, Inc. (continued):
2014 2nd Lien Term Loan, 7.50%, 7/25/22	USD	2,495	$	2,269,203

				3,896,344
Real Estate Management & Development — 0.0%
Realogy Corp., Extended Letter of Credit, 0.05%, 10/10/16		227		223,614
Road & Rail — 0.2%
Hertz Corp., Term Loan B2, 3.00%, 3/11/18		3,343		3,295,432
Semiconductors & Semiconductor Equipment — 0.9%
Avago Technologies Cayman Ltd., 2015 Term Loan B, 1.00%, 11/06/22		10,000		9,892,500
NXP BV, 2015 Term Loan B, 3.75%, 10/30/20		3,320		3,299,388

				13,191,888
Software — 0.8%
Epicor Software Corp., 1st Lien Term Loan, 4.75%, 6/01/22	USD	2,688	$	2,635,949
GCA Services Group, Inc., 2nd Lien Term Loan, 9.25%, 10/22/20		260		254,800
Infor US, Inc., Term Loan B5, 3.75%, 6/03/20		2,685		2,556,424
Informatica Corp., Term Loan, 4.50%, 8/05/22		3,033		2,944,709
Kronos, Inc., 2nd Lien Term Loan, 9.75%, 4/30/20		3,445		3,479,081
Tibco Software, Inc., Term Loan B, 6.50%, 12/04/20		394		360,836

				12,231,799
Specialty Retail — 0.1%
Party City Holdings, Inc., 2015 Term Loan B, 4.25%, 8/19/22		1,544		1,505,786
Textiles, Apparel & Luxury Goods — 0.4%
Ascend Performance Materials LLC, Term Loan B, 6.75%, 4/10/18		6,055		5,601,222
Wireless Telecommunication Services — 0.2%
Lightsquared LP, Term Loan B, 17.00%, 1/01/16		1,889		2,928,142
Total Floating Rate Loan Interests — 11.6%				170,006,522


Investment Companies	Shares		Value
United States — 5.8%
iShares iBoxx $ High Yield Corporate Bond ETF		899,991	$	74,744,253
SPDR Barclays High Yield Bond ETF		268,000		9,476,480
Total Investment Companies — 5.8%				84,220,733


Non-Agency Mortgage-Backed Securities	Par (000)
Collateralized Mortgage Obligations — 0.3%
Hilton USA Trust, Series 2013-HLT, Class EFX, 4.60%, 11/05/30 (e)(f)	USD	3,829		3,844,163

Other Interests — 0.0%
Commercial Mortgage-Backed Securities — 0.1%
GAHR Commericial Mortgage Trust 2015-NRF, Series 2015-NRF, Class FFX, 3.49%, 12/15/19 (e)(f)		1,925		1,787,489
Total Non-Agency Mortgage-Backed Securities — 0.4%				5,631,652


Other Interests — 0.0%	Beneficial Interest (000)
Auto Components — 0.0%
Lear Corp. Escrow		1,250		10,937


Preferred Securities
Capital Trusts	Par (000)
Banks — 4.2%
ABN AMRO Bank NV, 5.75% (e)(m)		700		743,039
Banco Bilbao Vizcaya Argentaria SA (e)(m):
6.75%		400		417,670
7.00%		1,000		1,056,550
Banco Popular Espanol SA, 8.25% (e)(m)		800		821,996
Bank of America Corp. (e)(m):
Series AA, 6.10%		5,579		5,610,382
Series V, 5.13%		3,440		3,293,800
Series X, 6.25%		6,416		6,510,315
Series Z, 6.50%		3,230		3,411,687



18	BLACKROCK CORPORATE HIGH YIELD FUND, INC.	NOVEMBER 30, 2015


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


Capital Trusts	Par (000)		Value
Banks (continued)
Bank of Ireland, 7.38% (e)(m)	USD	250	$	274,315
BNP Paribas SA, 7.38% (e)(f)(m)		725		744,938
Citigroup, Inc., (e)(m):
5.88%		2,405		2,374,817
5.95%		2,675		2,631,531
Series D, 5.95%		3,855		3,695,596
Series Q, 5.95%		1,165		1,155,243
Series R, 6.13%		1,015		1,030,859
Intesa Sanpaolo SpA, 7.70% (e)(f)(m)		200		203,500
JPMorgan Chase & Co., (e)(m):
6.75%		5,324		5,768,554
Series Q, 5.15%		850		816,000
Series U, 6.13%		4,228		4,275,269
Series V, 5.00%		4,555		4,372,800
RBS Capital Funding Trust VII, 6.08%, 0/ /0 (e)(m)		2,677		2,651,792
Santander UK Group Holdings PLC, 7.38% (e)(m)		450		692,866
Wells Fargo & Co., (e)(m):
Series S, 5.90%		2,615		2,664,031
Series U, 5.88%		5,215		5,495,306

				60,712,856
Capital Markets — 1.0%
Goldman Sachs Group, Inc., Series L, 5.70% (e)(m)		6,728		6,728,000
Morgan Stanley, Series H, 5.45% (e)(m)		3,810		3,752,850
Morgan Stanley, Series J, 5.55% (e)(m)		1,445		1,439,581
State Street Corp., Series F, 5.25% (e)(m)		184		184,911
UBS Group AG, 5.75% (e)(m)		800		883,276
UBS Group AG, 7.00% (e)(m)		725		765,436

				13,754,054
Consumer Finance — 0.3%
American Express Co., Series C, 4.90% (e)(m)		4,295		4,133,079
Diversified Financial Services — 0.2%
Barclays PLC, 7.88% (e)(m)		350		530,005
Orange SA, 4.00% (e)(m)		1,225		1,326,630
Telefonica Europe BV, 4.20% (e)(m)		1,500		1,600,673

				3,457,308
Food & Staples Retailing — 0.0%
Casino Guichard Perrachon SA, 4.87% (e)(m)		100		101,957


Capital Trusts	Par (000)		Value
Media — 0.0%
NBCUniversal Enterprise, Inc., 5.25% (f)(m)	USD	400	$	424,000
Total Capital Trusts — 5.7%				82,583,254

Preferred Stocks	Shares
Banks — 0.2%
RBS Capital Funding Trust, Series F, 6.25% (m)		93,975		2,378,507
Capital Markets — 0.0%
CF-B L2 LLC, 0.00% (Acquired 4/08/15, cost $551,905) (d)		578,503		589,089
Consumer Finance — 0.0%
Ally Financial, Inc., Series A, 8.50% (e)(m)		17,386		448,559
Diversified Financial Services — 0.0%
Concrete Investments II, 0.00%		4,997		596,592
Hotels, Restaurants & Leisure — 1.1%
Amaya, Inc., 0.00%		19,851		15,350,727
Media — 0.0%
Emmis Communications Corp., Series A, 6.25% (i)(m)		10,300		24,205
Total Preferred Stocks — 1.3%				19,387,679

Trust Preferred — 0.4%	Par (000)
Diversified Financial Services — 0.4%
GMAC Capital Trust I, Series 2, 2/15/40, 8.13%	USD	256,246		6,511,140
Total Preferred Securities - 7.4%				108,482,073


Warrants	Shares
Metals & Mining — 0.0%
Peninsula Energy Ltd. (Expires 12/31/15)		288,820		21,013
Peninsula Energy Ltd. (Expires 12/31/15)		501,544		7,254
Peninsula Energy Ltd. (Expires 12/31/18)		515,378		85,726

				113,993



BLACKROCK CORPORATE HIGH YIELD FUND, INC.	NOVEMBER 30, 2015	19


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


Warrants	Shares		Value
Software — 0.0%
HMH Holdings/EduMedia (Issued/exercisable 3/09/10, 19 Shares for 1 Warrant, Expires 6/22/19, Strike Price $42.27)		6,494	$	43,806
Total Warrants — 0.0%				157,799
Total Long-Term Investments (Cost — $2,249,843,117) — 143.9%				2,100,580,280


Short-Term Securities
BlackRock Liquidity Funds, TempFund, Institutional Class, 0.14% (n)(o)		3,305,595		3,305,595


	Value
Total Short-Term Securities (Cost — $3,305,595) — 0.2%	$	3,305,595
Options Purchased (Cost — $38,133) — 0.0%		—
Total Investments (Cost — $2,253,186,845*) — 144.1%		2,103,885,875
Liabilities in Excess of Other Assets — (44.1)%		(643,944,588	)

Net Assets — 100.0%	$	1,459,941,287

As of period end, gross unrealized appreciation and depreciation based on cost for federal income tax purposes were as follows:


Tax cost	$	2,259,745,099

Gross unrealized appreciation	$	28,363,784
Gross unrealized depreciation		(184,223,008	)

Net unrealized depreciation	$	(155,859,224	)

Notes to Schedule of Investments

(a)

Non-income producing security.

(b)

A security contractually bound to one or more other securities to form a single saleable unit which cannot be sold separately.

(c)

All or a portion of security is held by a wholly owned subsidiary.

(d)

Restricted security as to resale, excluding 144A securities. As of period end, the Trust held restricted securities with a current value of $9,475,508 and an original cost of $18,189,454 which were 0.7% and 1.3%, respectively of its net assets.

(e)

Variable rate security. Rate shown is as of period end.

(f)

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

(g)

Represents a payment-in-kind security which may pay interest/dividends in additional par/shares and/or in cash. Rates shown are the current rate and possible payment rates.

(h)

Zero-coupon bond.

(i)

Convertible security.

(j)

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

(k)

When-issued security.

(l)

Other interests represent beneficial interests in liquidation trusts and other reorganization or private entities.

(m)

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

(n)

Represents the current yield as of period end.

(o)

During the period ended November 30, 2015, investments in issuers considered to be an affiliate of the Trust for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:


Affiliate	Shares Held at August 31, 2015		Shares Purchased			Shares Sold		Shares Held at November 30, 2015		Value at November 30, 2015		Income		Realized Gain (Loss)
BlackRock Liquidity Funds, TempFund, Institutional Class		—		3,305,595	¹		—		3,305,595	$	3,305,595	$	242		—
iShares iBoxx $ High Yield Corporate Bond ETF		—		899,991			—		899,991	$	74,744,253	$	308,157		—

Represents net shares purchased.



20	BLACKROCK CORPORATE HIGH YIELD FUND, INC.	NOVEMBER 30, 2015


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

•

For Trust compliance purposes, the Trust’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 investment advisor. These definitions may not apply for purposes of this report, which may combine such industry sub-classifications for reporting ease.

Portfolio Abbreviations


ADR		American Depositary Receipts
ADS		American Depositary Shares
AUD		Australian Dollar
CAD		Canadian Dollar
CLO		Collateralized Loan Obligation
CR		Custodian Receipt
DIP		Debtor-In-Possession
ETF		Exchange-Traded Fund
EUR		Euro
GBP		British Pound
PIK		Payment-In-Kind
REIT		Real Estate Investment Trust
SGD		Singapore Dollar
S&P		Standard and Poor’s
SPDR		Standard & Poor’s Depository Receipts
USD		U.S. Dollar

Derivative Financial Instruments Outstanding as of Period End

Financial Futures Contracts


Contracts Short			Issue	Expiration	Notional Value		Unrealized Depreciation
	(46	)	German Euro BOBL Futures	December 2015	USD	6,319,625	$	(82,179	)
	(20	)	German Euro-Bund Futures	December 2015	EUR	3,345,248		(99,968	)
	(106	)	Russell 2000 Mini Index	December 2015	USD	12,676,540		(398,565	)
	(892	)	S&P 500 E-Mini Index	December 2015	USD	92,759,080		(5,206,314	)
	(12	)	10-Year U.S. Treasury Note	March 2016	USD	1,517,250		(3,640	)
	(34	)	Long Gilt Future	March 2016	GBP	6,028,643		(21,546	)
	Total						$	(5,812,212	)

Forward Foreign Currency Exchange Contracts


Currency Purchased		Currency Sold		Counterparty	Settlement Date		Unrealized Appreciation (Depreciation)
CAD	5,892,000	USD	4,449,143	Canadian Imperial Bank of Commerce		12/03/15	$	(37,194	)
CAD	491,000	USD	369,578	State Street Bank and Trust Co.		12/03/15		(1,916	)
GBP	165,000	USD	252,160	Morgan Stanley & Co. International PLC		12/03/15		(3,655	)
GBP	400,000	USD	608,496	Morgan Stanley & Co. International PLC		12/03/15		(6,060	)
GBP	300,000	USD	456,296	Morgan Stanley & Co. International PLC		12/03/15		(4,469	)
USD	1,138,212	AUD	1,605,000	Standard Chartered Bank		12/03/15		(22,458	)
USD	31,213,937	CAD	41,140,000	UBS AG		12/03/15		408,171
USD	84,532,032	EUR	76,493,000	Barclays Bank PLC		12/03/15		3,712,282



BLACKROCK CORPORATE HIGH YIELD FUND, INC.	NOVEMBER 30, 2015	21


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

Forward Foreign Currency Exchange Contracts (continued)


Currency Purchased		Currency Sold			Counterparty	Settlement Date		Unrealized Appreciation (Depreciation)
USD	105,535		EUR	97,000	Goldman Sachs International		12/03/15	$	3,049
USD	65,501		EUR	61,000	Goldman Sachs International		12/03/15		1,051
USD	426,438		EUR	394,000	Goldman Sachs International		12/03/15		10,152
USD	1,452,860		EUR	1,365,000	Goldman Sachs International		12/03/15		10,650
USD	558,400		EUR	519,000	Morgan Stanley & Co. International PLC		12/03/15		10,043
USD	1,418,700		EUR	1,321,000	Morgan Stanley & Co. International PLC		12/03/15		22,979
USD	28,664		EUR	27,000	Morgan Stanley & Co. International PLC		12/03/15		137
USD	1,438,295		EUR	1,342,000	State Street Bank and Trust Co.		12/03/15		20,386
USD	45,155,761		GBP	29,415,000	Morgan Stanley & Co. International PLC		12/03/15		854,154
USD	1,154,864		AUD	1,605,000	Standard Chartered Bank		1/06/16		(3,764	)
USD	26,004,818		CAD	34,757,000	HSBC Bank PLC		1/06/16		(21,406	)
USD	83,710,188		EUR	79,031,000	UBS AG		1/06/16		113,757
USD	42,898,374		GBP	28,550,000	BNP Paribas S.A.		1/06/16		(108,440	)
Total								$	4,957,449

OTC Options Purchased

Description

Put/

Call

Counterparty

Expiration
Date

Strike

Price

Contracts

Value

Marsico Parent Superholdco LLC

Call

Goldman Sachs & Co.

12/14/19

USD

942.86

—

Centrally Cleared Credit Default Swaps — Sell Protection

Issuer

Receive
Fixed

Rate

Expiration
Date

Credit
Rating¹

Notional
Amount
(000)²

Unrealized
Appreciation

Dow Jones CDX North America High Yield Index, Series 25, Version 1

5.00

12/20/20

50,208

54,795

¹ Using Standard & Poor’s (“S&P’s”) rating of the issuer or the underlying securities of the index, as applicable.

² The maximum potential amount the Trust may pay should a negative credit event take place as defined under the terms of the agreement.

OTC Credit Default Swaps — Sell Protection


Issuer/Index	Receive Fixed Rate			Counterparty	Expiration Date		Credit Rating¹		Notional Amount (000)²			Market Value			Premiums Paid (Received)			Unrealized Appreciation (Depreciation)
Astaldi SpA		5.00	%	Citibank N.A.		12/20/20		B+		EUR	140	$	(14,004	)	$	(12,185	)	$	(1,819	)
CCO Holdings LLC		8.00	%	Deutsche Bank AG		9/20/17		NR		USD	8,180		1,110,789			—			1,110,789
Total												$	1,096,785		$	(12,185	)	$	1,108,970

¹ Using S&P’s rating of the issuer or the underlying securities of the index, as applicable.
² The maximum potential amount the Trust may pay should a negative credit event take place as defined under the terms of the agreement.



22	BLACKROCK CORPORATE HIGH YIELD FUND, INC.	NOVEMBER 30, 2015


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

OTC Total Return Swaps


Reference Entity	Fixed Rate/ Floating Rate	Counterparty	Expiration Date	Notional Amount (000)		Value			Premiums Received		Unrealized Depreciation
IBoxx USD Liquid High Yield Index	3-month LIBOR¹	Morgan Stanley Capital Services LLC	12/21/15		2,298	$	(50,900	)		—	$	(50,900	)
IBoxx USD Liquid High Yield Index	3-month LIBOR¹	J.P. Morgan Chase Bank N.A	3/21/16		4,680		(186,800	)		—		(186,800	)
IBoxx USD Liquid High Yield Index	3-month LIBOR¹	J.P. Morgan Chase Bank N.A	3/21/16		4,668		(174,300	)		—		(174,300	)
IBoxx USD Liquid High Yield Index	3-month LIBOR¹	J.P. Morgan Chase Bank N.A	6/21/16		2,315		(68,400	)		—		(68,400	)
Total						$	(480,400	)		—	$	(480,400	)

Trust pays the floating rate and receives the total return of the reference entity.

Fair Value Hierarchy as of Period End

Various inputs are used in determining the fair value of investments and derivative financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

•

Level 1 — unadjusted price quotations in active markets/exchanges for identical assets or liabilities that Trust has the ability to access

•

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

•

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

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The significant unobservable inputs used by the Global Valuation Committee in determining the price for Fair Valued Investments are typically categorized as level 3.

Changes in valuation techniques may result in transfers into or out of an assigned level within the hierarchy. In accordance with the Trust’s policy, transfers between different levels of the fair value hierarchy are deemed to have occurred as of the beginning of the reporting period. The categorization of a value determined for investments and derivative financial instruments is based on the pricing transparency of the investments and derivative financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Trust’s policy regarding valuation of investments and derivative financial instruments, refer to the Trust’s most recent financial statements as contained in its annual report.



BLACKROCK CORPORATE HIGH YIELD FUND, INC.	NOVEMBER 30, 2015	23


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

The following tables summarize the Trust’s investments and derivative financial instruments categorized in the disclosure hierarchy:


	Level 1			Level 2			Level 3		Total
Assets:
Investments:
Long-Term Investments:
Asset-Backed Securities		—		$	33,343,126		$	5,833,991	$	39,177,117
Common Stocks	$	43,529,415			35,437,626			1,278,192		80,245,233
Corporate Bonds		—			1,587,564,726			25,083,488		1,612,648,214
Floating Rate Loan Interests		—			136,507,139			33,499,383		170,006,522
Investment Companies		84,220,733			—			—		84,220,733
Non-Agency Mortgage-Backed Securities		—			5,631,652			—		5,631,652
Other Interests		—			—			10,937		10,937
Preferred Securities		12,014,203			79,931,462			16,536,408		108,482,073
Warrants		85,726			7,254			64,819		157,799
Short-Term Securities		3,305,595			—			—		3,305,595

Total	$	143,155,672		$	1,878,422,985			$82,307,218	$	2,103,885,875


	Level 1			Level 2			Level 3		Total
Derivative Financial Instruments¹
Assets:
Credit contracts		—		$	1,165,584			—	$	1,165,584
Forward foreign currency contracts		—			5,166,811			—		5,166,811
Liabilities:
Credit contracts		—			(482,219	)		—		(482,219	)
Equity contracts	$	(5,604,879	)							(5,604,879	)
Interest rate contracts		(207,333	)							(207,333	)
Forward foreign currency contracts		—			(209,362	)		—		(209,362	)

Total	$	(5,812,212	)	$	5,640,814			—	$	(171,398	)

¹ Derivative financial instruments are swaps, financial futures contracts, forward foreign currency exchange contracts and options. Swaps, financial futures contracts and forward foreign currency exchange contracts are valued at the unrealized appreciation (depreciation) on the instrument and options written are shown at value.



24	BLACKROCK CORPORATE HIGH YIELD FUND, INC.	NOVEMBER 30, 2015


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

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


	Level 1		Level 2			Level 3	Total
Assets:
Cash pledged for financial futures contracts	$	4,915,150		—		—		4,915,150
Cash pledged for centrally cleared swaps		143,750		—		—		143,750
Foreign currency at value		2,202,879		—		—		2,202,879
Liabilities:
Cash received as collateral for OTC derivatives		—	$	(1,500,000	)	—		(1,500,000	)
Bank borrowings payable		—		(677,000,000	)	—		(677,000,000	)
Bank overdraft		—		(501,416	)	—		(501,416	)

Total	$	7,261,779	$	(679,001,416	)	—	$	(671,739,637	)

During the period ended November 30, 2015, there were no transfers between Level 1 and Level 2.

A reconciliation of Level 3 investments and derivative financial instruments is presented when the Trust had a significant amount of Level 3 investments and derivative financial instruments at the beginning and/or end of the period in relation to net assets. The following table is a reconciliation of Level 3 investments for which significant unobservable inputs were used in determining fair value:


	Asset-Backed Securities			Common Stocks			Corporate Bonds			Floating Rate Loan Interests			Other Interests			Preferred Securities			Warrants			Total
Assets:
Opening Balance, as of August 31, 2015	$	5,936,098			3,739,028		$	25,160,883		$	25,557,215		$	10,978		$	21,014,967		$	74,732		$	81,493,901
Transfers into Level 3¹		—			—			—			11,467,664			—			—			—			11,467,664
Transfers out of Level 3		—			—			—			—			—			—			—			—
Accrued discounts/premiums		2,789			—			(4,927	)		52,384			—			—			—			50,246
Net realized gain (loss)		—			—			9,728			90,831			(401	)		—			—			100,158
Net change in unrealized appreciation/depreciation^2,3		(104,896	)		(2,460,836	)		617,577			(319,962	)		360			(4,505,643	)		(9,913	)		(6,783,313	)
Purchases		—			—			442,819			—			—			27,084			—			469,903
Sales		—			—			(1,142,592	)		(3,348,749	)		—			—			—			(4,491,341	)

Closing Balance, as of November 30, 2015	$	5,833,991		$	1,278,192		$	25,083,488		$	33,499,383		$	10,937		$	16,536,408		$	64,819		$	82,307,218

Net change in unrealized appreciation/depreciation on investments still held at November 30, 2015⁴	$	(104,896	)	$	(2,460,836	)	$	617,577		$	(321,739	)		—		$	(4,505,643	)	$	(9,913	)	$	(6,785,450	)

As of August 31, 2015, the Trust used significant observable inputs in determining the value of certain investments. As of November 30, 2015, the Trust used unobservable inputs in determining the value of the same investments. As a result, investments with a beginning of period value of $11,467,664 transferred from Level 2 to Level 3 in the disclosure hierarchy.

Included in the related net change in unrealized appreciation/depreciation.

Any difference between net change in unrealized appreciation/depreciation and net change in unrealized appreciation/depreciation on investments held as of November 30, 2015 is generally due to investments no longer held or categorized as Level 3 at period end.



BLACKROCK CORPORATE HIGH YIELD FUND, INC.	NOVEMBER 30, 2015	25


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

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

The following table summarizes the valuation techniques used and unobservable inputs utilized by the BlackRock Global Valuation Methodologies Committee (the “Global Valuation Committee”) to determine the value of certain of the Trust’s Level 3 investments as of period end. The table does not include Level 3 investments with values derived based upon unadjusted third party pricing information in the amount of $55,899,751.


	Value		Valuation Techniques	Unobservable Inputs	Range of Unobservable Inputs Utilized
Assets:
Common Stocks	$	1,259,160	Market Comparable Companies	2P (Proved and Probable) Reserves + 2C (Contingent) Resources Multiple¹	$0.065 – $0.756
				Current Fiscal Year EBITDA Multiple¹	4.88x
				Discontinued Operations Expected Sale Proceeds¹	$20²
				Last 12 Months EBITDA Multiple¹	4.63x – 4.88x
				PV-10 Multiple^1,3	0.04x – 0.15x
Corporate Bonds⁴		25,083,488	Discounted Cash Flow	Internal Rate of Return⁵	10.32%
			Estimated Recovery Value	N/A	—
			Last Transaction Price	Transaction Price¹	$101.00
Warrants		64,819	Last Dealer Mark—Adjusted	Delta Adjustment Based on Daily Movement in the Common Equity⁵	120.00%
			Black-Scholes	Implied Volatility⁵	44.02%

Total	$	26,407,467

Increase in unobservable input may result in a significant increase to value, while a decrease in the unobservable input may result in a significant decrease to value.

Amount is stated in millions.

Present value of estimated future oil and gas revenues, net of estimated direct expenses discounted at an annual discount rate of 10%.

⁴

For the period ended November 30, 2015, the valuation technique for a certain investment classified as Corporate Bonds changed to Last Transaction Price. The investment was previously valued utilizing an income approach. Transaction Price was considered to be a more relevant measure of fair value for this investment which leverages the most recent market transactions.

⁵

Decrease in unobservable input may result in a significant increase to value, while an increase in the unobservable input may result in a significant decrease to value.



26	BLACKROCK CORPORATE HIGH YIELD FUND, INC.	NOVEMBER 30, 2015

Item 2 – Controls and Procedures

2(a) –

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

2(b) –

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

Item 3 – Exhibits

Certifications – Attached hereto

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

BlackRock Corporate High Yield Fund, Inc.


By:		/s/ John M. Perlowski
		John M. Perlowski
		Chief Executive Officer (principal executive officer) of
		BlackRock Corporate High Yield Fund, Inc.

Date:		January 22, 2016

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.


By:		/s/ John M. Perlowski
		John M. Perlowski
		Chief Executive Officer (principal executive officer) of
		BlackRock Corporate High Yield Fund, Inc.

Date:		January 22, 2016

By:		/s/ Neal J. Andrews
		Neal J. Andrews
		Chief Financial Officer (principal financial officer) of
		BlackRock Corporate High Yield Fund, Inc.

Date:		January 22, 2016