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: 08/31/2017

Date of reporting period: 05/31/2017

Item 1 – Schedule of Investments

Consolidated Schedule of Investments May 31, 2017 (Unaudited)

BlackRock Corporate High Yield Fund, Inc. (HYT)

(Percentages shown are based on Net Assets)


Common Stocks	Shares		Value
Capital Markets — 0.0%
Uranium Participation Corp. (a)		65,107	$	181,221
Chemicals — 0.1%
Advanced Emissions Solutions, Inc. (a)		168,580		1,581,280
Consumer Finance — 0.0%
Ally Financial, Inc.		2		37
Diversified Financial Services — 0.2%
Concrete Investments II S.C.A. (b)		4,997		—
Kcad Holdings I Ltd. (a)(b)		2,223,465,984		3,046,148

				3,046,148
Diversified Telecommunication Services — 0.1%
Broadview Networks Holdings, Inc. (a)		137,799		892,937
Energy Equipment & Services— 0.1%
Laricina Energy Ltd. (a)(b)(c)		211,764		2
Osum Oil Sands Corp. (a)(b)(c)		400,000		840,952

				840,954
Media — 0.0%
Emmis Communications Corp., Class A (a)		7,210		23,505
Metals & Mining — 0.1%
Peninsula Energy Ltd. (a)		2,051,920		541,261
Teck Resources Ltd., Class B		35,860		640,460

				1,181,721
Oil, Gas & Consumable Fuels — 0.5%
Gener8 Maritime Corp.		965,338		5,116,292
Halcon Resources Corp. (a)		350,000		2,128,000

				7,244,292
Real Estate Management & Development — 0.0%
Aroundtown Property Holdings PLC		88,854		460,143
Semiconductors & Semiconductor Equipment — 0.0%
SunPower Corp. (a)		1,025		8,067
Wireless Telecommunication Services — 0.2%
T-Mobile U.S., Inc. (a)		59,550		4,014,861
Total Common Stocks - 1.3%				19,475,166



Asset-Backed Securities	Par (000)
Asset-Backed Securities — 4.0%
Accunia European CLO I BV, Series 1X, Class E, 7.00%, 7/15/29 (d)	EUR	1,400		1,590,501


Asset-Backed Securities	Par (000)		Value
Asset-Backed Securities (continued)
Allegro CLO II Ltd., Series 2014-1A, Class CR, 5.01%, 1/21/27 (b)(d)(e)	USD	1,000	$	1,000,100
ALM Loan Funding (d)(e):
Series 2013-7R2A, Class BR, 3.91%, 10/15/27		500		503,977
Series 2013-8A, Class CR, 5.11%, 10/15/28		1,400		1,407,879
ALM VII R Ltd., Series 2013-7RA, Class BR, 3.86%, 10/15/28 (d)(e)		500		505,539
ALM XII Ltd., Series 2015-12A (d)(e):
Class C1, 4.91%, 4/16/27		1,500		1,502,709
Class D, 6.66%, 4/16/27		250		249,066
ALM XIV Ltd., Series 2014-14A, Class C, 4.62%, 7/28/26 (d)(e)		500		500,549
AMMC CLO 18 Ltd., Series 2016-18A, Class D, 6.20%, 5/26/28 (d)(e)		500		508,322
AMMC CLO 19 Ltd., Series 2016-19A, Class C, 3.96%, 10/15/28 (d)(e)		413		415,754
AMMC CLO IX Ltd., Series 2011-9A (d)(e):
Class DR, 6.81%, 1/15/22		1,000		1,001,092
Class ER, 8.81%, 1/15/22		1,000		1,001,967
Anchorage Capital CLO 3 Ltd., Series 2014-3A, Class C, 4.67%, 4/28/26 (d)(e)		500		499,898
Anchorage Capital CLO 8 Ltd., Series 2016-8A, Class D, 5.37%, 7/28/28 (d)(e)		1,000		1,007,886
Anchorage Capital CLO Ltd. (d)(e):
Series 2012-1A, Class DR, 8.41%, 1/13/27		600		605,445
Series 2014-4A, Class CR, 4.57%, 7/28/26 (b)		1,000		1,000,000
Apidos CLO XIX, Series 2014-19A, Class CR, 3.36%, 10/17/26 (d)(e)		500		500,781
Apidos CLO XVIII, Series 2014-18A, Class CR, 4.40%, 7/22/26 (d)(e)		550		550,280
Apidos CLO XX, Series 2015-20A, Class BR, 2.96%, 1/16/27 (d)(e)		250		250,151
Apidos CLO XXIII, Series 2015-23A, Class D2, 7.11%, 1/14/27 (d)(e)		750		758,432
Ares XXVIII CLO Ltd., Series 2013-3A, Class DR, 4.41%, 10/17/24 (d)(e)		350		351,056
Ares XXXII CLO Ltd., Series 2014-32A, Class CR, 4.63%, 11/15/25 (d)(e)		750		750,083



BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017	1


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


Asset-Backed Securities	Par (000)		Value
Asset-Backed Securities (continued)
Ares XXXIII CLO Ltd., Series 2015-1A, Class CR, 5.30%, 12/05/25 (d)(e)	USD	1,000	$	1,014,731
Ares XXXIX CLO Ltd., Series 2016-39A, Class E, 8.41%, 7/18/28 (d)(e)		1,000		1,021,637
Ares XXXVII CLO Ltd., Series 2015-4A (d)(e):
Class C, 5.41%, 10/15/26		1,000		1,004,460
Class D1, 7.96%, 10/15/26		500		502,097
Aurium CLO II DAC, Series 2X, Class E, 5.95%, 7/13/29 (d)	EUR	2,024		2,292,355
Ballyrock CLO Ltd., Series 2016-1A, Class C, 3.86%, 10/15/28 (d)(e)	USD	1,000		1,003,918
Betony CLO Ltd., Series 2015-1A, Class CR, 4.01%, 4/15/27 (d)(e)		250		250,292
BlueMountain CLO Ltd., Series 2012-2A, Class CR, 3.77%, 11/20/28 (d)(e)		500		503,052
Cairn CLO VII BV, Series 2016-7X, Class E, 6.35%, 1/31/30 (d)	EUR	900		1,018,909
Carlyle Global Market Strategies CLO Ltd. (d)(e):
Series 2012-4A, Class DR, 5.26%, 1/20/29	USD	500		506,219
Series 2013-3A, Class B, 3.81%, 7/15/25		500		500,235
Series 2014-1A, Class CR, 3.91%, 4/17/25		500		501,860
Series 2015-3A, Class D, 6.87%, 7/28/28		500		498,737
Series 2016-3A, Class D, 8.16%, 10/20/29		500		507,294
Cedar Funding Ltd., Series 2014-3A, Class D, 4.72%, 5/20/26 (d)(e)		535		530,544
CIFC Funding Ltd. (d)(e):
Series 2014-2A, Class A3LR, 3.44%, 5/24/26 (b)		500		500,015
Series 2014-3A, Class C1, 3.95%, 7/22/26		1,250		1,250,474
Series 2017-1A, Class D, 4.38%, 4/23/29		500		498,835
CIFC Funding III Ltd., Series 2015-3A, Class E, 7.21%, 10/19/27 (d)(e)		750		751,189
CIFC Funding V Ltd. (d)(e):
Series 2014-5A, Class CR, 3.86%, 1/17/27		750		753,526
Series 2015-5A, Class D, 7.46%, 10/25/27		500		497,755


Asset-Backed Securities	Par (000)		Value
Asset-Backed Securities (continued)
Dryden Senior Loan Fund (d)(e):
Series 2014-31A, Class DR, 4.51%, 4/18/26	USD	500	$	502,766
Series 2014-36A, Class CR, 3.96%, 1/15/28 (b)		250		251,750
Dryden XXXVI Senior Loan Fund, Series 2014-36A, Class DR, 5.40%, 1/15/28 (b)(d)(e)		1,500		1,515,000
HPS Loan Management Ltd., Series 9A-2016, Class D2, 7.61%, 7/19/27 (d)(e)		800		804,061
LCM XV LP, Series 15A, Class CR, 3.59%, 7/20/30 (d)(e)		500		500,000
Madison Park Funding XIV Ltd., Series 2014-14A, Class DR, 4.41%, 7/20/26 (d)(e)		500		500,004
Madison Park Funding XV Ltd., Series 2014-15A, Class CR, 4.62%, 1/27/26 (d)(e)		500		500,593
Mill Creek II CLO Ltd., Series 2016-1A, Class E, 8.91%, 4/20/28 (d)(e)		500		501,622
MP CLO VI Ltd., Series 2014-2A, Class DR, 4.66%, 1/15/27 (d)(e)		1,000		991,070
Neuberger Berman CLO XIII Ltd., Series 2012-13A, Class C, 4.00%, 1/23/24 (d)(e)		1,000		1,001,266
Neuberger Berman CLO XVII Ltd., Series 2014-17A, Class DR, 4.78%, 4/22/29 (d)(e)		500		499,869
Neuberger Berman CLO XVIII Ltd., Series 2014-18A (d)(e):
Class BR, 3.73%, 11/14/27		500		501,798
Class CR, 5.43%, 11/14/27		1,500		1,512,094
Neuberger Berman CLO XX Ltd., Series 2015-20A, Class E, 7.61%, 1/15/28 (d)(e)		500		500,562
Neuberger Berman CLO XXIII Ltd., Series 2016-23A, Class E, 7.74%, 10/17/27 (d)(e)		500		500,351
OCP CLO, Series 2014-7A, Class A1A, 2.76%, 10/20/26 (d)(e)		500		501,437
Octagon Investment Partners XVII Ltd., Series 2013-1A, Class A2R, 2.84%, 10/25/25 (b)(d)(e)		1,500		1,501,050
Octagon Investment Partners XX Ltd., Series 2014-1A, Class D1R, 1.00%, 11/25/25 (e)(f)		1,000		1,000,000
Octagon Investment Partners XXII Ltd., Series 2014-1A (d)(e):
Class C1, 4.40%, 11/25/25		1,000		999,996
Class D1, 5.05%, 11/25/25		1,000		1,000,098



2	BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017


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


Asset-Backed Securities	Par (000)		Value
Asset-Backed Securities (continued)
Octagon Investment Partners XXVI Ltd., Series 2016-1A, Class D, 6.11%, 4/15/27 (d)(e)	USD	500	$	507,388
Octagon Investment Partners XXVII Ltd., Series 2016-1A, Class E, 8.26%, 7/15/27 (d)(e)		1,000		1,016,678
OneMain Financial Issuance Trust, Series 2015-2A, Class C, 4.32%, 7/18/25 (e)		200		200,269
OZLM IX Ltd., Series 2014-9A Class CR, 4.71%, 1/20/27 (d)(e)		1,000		1,001,208
Race Point VII CLO Ltd., Series 2012-7A, Class CR, 3.83%, 11/08/24 (d)(e)		2,000		2,001,342
Race Point IX CLO Ltd., Series 2015-9A, Class A1, 2.67%, 4/15/27 (d)(e)		500		500,686
Sound Point CLO IV Ltd., Series 2013-3A, Class CR, 3.41%, 1/21/26 (b)(d)(e)		500		500,000
Symphony CLO Ltd., Series 2016-17A, Class D, 5.96%, 4/15/28 (d)(e)		250		253,937
Symphony CLO XI Ltd., Series 2013-11A, Class B1, 3.36%, 1/17/25 (d)(e)		500		501,797
Symphony CLO XII Ltd., Series 2013-12A, Class DR, 4.41%, 10/15/25 (d)(e)		1,000		1,000,228
Venture XIII CLO Ltd., Series 2013-13A, Class D, 4.66%, 6/10/25 (d)(e)		1,000		1,003,285
Venture XVII CLO Ltd., Series 2014-17A, Class B1, 3.26%, 7/15/26 (d)(e)		500		501,133
Venture XXVI CLO Ltd., Series 2017-26A, Class D, 5.29%, 1/20/29 (b)(d)(e)		750		755,625
Voya CLO Ltd. (d)(e):
Series 2014-4A, Class C, 5.16%, 10/14/26		1,750		1,756,262
Series 2016-3A, Class C, 5.01%, 10/18/27		1,000		1,003,955
Series 2016-3A, Class D, 8.01%, 10/18/27		500		507,997
Westcott Park CLO Ltd., Series 2016-1A (d)(e):
Class D, 5.51%, 7/20/28		500		506,930
Class E, 8.36%, 7/20/28		500		510,029
Total Asset-Backed Securities - 4.0%				61,983,737


Corporate Bonds	Par (000)		Value
Aerospace & Defense — 2.3%
Accudyne Industries Borrower/Accudyne Industries LLC, 7.75%, 12/15/20 (e)	USD	4,994	$	5,056,425
Bombardier, Inc. (e):
8.75%, 12/01/21		5,699		6,340,137
6.00%, 10/15/22		2,189		2,190,379
6.13%, 1/15/23		518		519,619
7.50%, 3/15/25		3,753		3,882,403
KLX, Inc., 5.88%, 12/01/22 (e)		4,084		4,308,947
Koppers, Inc., 6.00%, 2/15/25 (e)		1,190		1,249,500
Kratos Defense & Security Solutions, Inc., 7.00%, 5/15/19		621		634,973
Meccanica Holdings USA, Inc., 6.25%, 1/15/40 (e)		100		110,500
TransDigm, Inc.:
5.50%, 10/15/20		1,563		1,601,575
6.00%, 7/15/22		4,352		4,509,216
6.50%, 7/15/24		4,075		4,238,000
6.50%, 5/15/25 (e)		1,169		1,209,915
6.38%, 6/15/26		341		349,525

				36,201,114
Air Freight & Logistics — 0.5%
Air Medical Merger Sub Corp., 6.38%, 5/15/23 (e)		944		901,520
XPO Logistics, Inc.:
5.75%, 6/15/21	EUR	383		453,420
6.50%, 6/15/22 (e)	USD	4,805		5,101,468
6.13%, 9/01/23 (e)		1,317		1,389,435

				7,845,843
Airlines — 1.0%
Norwegian Air Shuttle ASA Pass-Through Trust, Series 2016-1, Class B, 7.50%, 5/10/25 (e)		1,557		1,659,162
US Airways Pass-Through Trust:
Series 2012-2, Class C, 5.45%, 6/03/18		5,720		5,848,700
Series 2013-1, Class B, 5.38%, 5/15/21		4,412		4,599,538
Virgin Australia Trust, Series 2013-1, Class C, 7.13%, 10/23/18 (e)		3,201		3,265,148

				15,372,548
Auto Components — 1.3%
Adient Global Holdings Ltd., 3.50%, 8/15/24	EUR	250		289,487
Allison Transmission, Inc., 5.00%, 10/01/24 (e)	USD	827		843,540
Aston Martin Capital Holdings Ltd., 5.75%, 4/15/22	GBP	164		224,248
Faurecia, 3.63%, 6/15/23	EUR	300		356,580



BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017	3


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


Corporate Bonds	Par (000)		Value
Auto Components (continued)
Federal-Mogul Holdings LLC, 4.88%, 4/15/24 (d)	EUR	230	$	259,171
Fiat Chrysler Finance Europe, 4.75%, 7/15/22		267		329,029
FTE Verwaltungs GmbH, 9.00%, 7/15/20		100		117,473
Goodyear Tire & Rubber Co., 5.00%, 5/31/26	USD	471		485,422
Grupo-Antolin Irausa SA, 3.25%, 4/30/24	EUR	316		363,853
Icahn Enterprises LP/Icahn Enterprises Finance Corp.:
4.88%, 3/15/19	USD	7,711		7,803,532
5.88%, 2/01/22		800		819,000
6.25%, 2/01/22		820		853,825
6.75%, 2/01/24		1,528		1,596,760
IHO Verwaltungs GmbH (g):
(2.75% Cash or 3.50% PIK), 2.75%, 9/15/21	EUR	600		697,600
(3.25% Cash or 4.00% PIK), 3.25%, 9/15/23		475		560,991
(3.75% Cash or 4.50% PIK), 3.75%, 9/15/26		225		268,611
(4.13% Cash or 4.88% PIK), 4.13%, 9/15/21 (e)	USD	1,280		1,307,200
(4.50% Cash or 5.25% PIK), 4.50%, 9/15/23 (e)		1,367		1,396,049
Schaeffler Finance BV, 4.75%, 5/15/23 (e)		1,440		1,503,000
ZF North America Capital, Inc., 4.75%, 4/29/25 (e)		291		306,278

				20,381,649
Banks — 1.0%
Allied Irish Banks PLC, 4.13%, 11/26/25 (d)	EUR	820		984,518
Banco Espirito Santo SA (a)(h):
4.75%, 1/15/18		1,900		597,622
4.00%, 1/21/19		1,100		345,991
Banco Popolare, 2.75%, 7/27/20		800		929,190
Banco Popolare di Milano Scarl, 4.25%, 1/30/19		200		235,881
Bank of Ireland, 4.25%, 6/11/24 (d)		540		640,894
Bankia SA (d):
4.00%, 5/22/24		1,200		1,401,940
3.38%, 3/15/27		200		230,637
BPE Financiaciones SA, 2.00%, 2/03/20		200		210,969
BPER Banca, 5.13%, 5/31/27 (d)		300		340,803
CaixaBank SA, 3.50%, 2/15/27 (d)		400		470,590
CIT Group, Inc.:
5.50%, 2/15/19 (e)		2,311		2,438,105


Corporate Bonds	Par (000)		Value
Banks (continued)
CIT Group, Inc. (continued):
5.00%, 8/01/23	USD	560	$	604,100
6.00%, 4/01/36		2,800		2,912,000
Deutsche Pfandbriefbank AG, 4.60%, 2/22/27	EUR	100		124,154
Ibercaja Banco SA, 5.00%, 7/28/25 (d)		300		345,194
Intesa Sanpaolo SpA:
6.63%, 9/13/23		1,100		1,503,104
3.93%, 9/15/26		200		234,469
Unione di Banche Italiane SpA, 4.45%, 9/15/27 (d)		200		230,576

				14,780,737
Beverages — 0.1%
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc., 4.13%, 5/15/23		275		329,387
Horizon Holdings I SASU, 7.25%, 8/01/23		100		121,286
Horizon Parent Holdings Sarl, (8.25% Cash), 8.25%, 2/15/22 (g)		550		662,636
OI European Group BV, 3.13%, 11/15/24		175		201,049
Silgan Holdings, Inc., 3.25%, 3/15/25		230		264,494

				1,578,852
Biotechnology — 0.0%
Senvion Holding GmbH, 3.88%, 10/25/22		301		342,527
Building Materials — 0.1%
Cemex Finance LLC, 4.63%, 6/15/24		400		483,085
Titan Global Finance PLC, 3.50%, 6/17/21		400		473,856

				956,941
Building Products — 1.0%
American Builders & Contractors Supply Co., Inc. (e):
5.63%, 4/15/21	USD	526		541,123
5.75%, 12/15/23		982		1,040,920
BMBG Bond Finance SCA, 3.00%, 6/15/21	EUR	225		260,968
Building Materials Corp. of America (e):
5.38%, 11/15/24	USD	299		314,324
6.00%, 10/15/25		2,308		2,492,640
CPG Merger Sub LLC, 8.00%, 10/01/21 (e)		2,715		2,837,175



4	BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017


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


Corporate Bonds	Par (000)		Value
Building Products (continued)
Masonite International Corp., 5.63%, 3/15/23 (e)	USD	2,950	$	3,097,500
Ply Gem Industries, Inc., 6.50%, 2/01/22		1,249		1,305,205
Standard Industries, Inc. (e):
5.13%, 2/15/21		284		296,070
5.50%, 2/15/23		1,278		1,346,692
USG Corp. (e):
5.50%, 3/01/25		1,314		1,392,840
4.88%, 6/01/27		1,176		1,187,760

				16,113,217
Capital Markets — 0.9%
Blackstone CQP Holdco LP, 6.50%, 3/20/21 (e)		13,968		14,095,402
LPL Holdings, Inc., 5.75%, 9/15/25 (e)		323		333,498

				14,428,900
Chemicals — 3.5%
Alpha 3 BV/Alpha US Bidco, Inc., 6.25%, 2/01/25 (e)		4,100		4,182,000
Axalta Coating Systems Dutch Holding B BV, 3.75%, 1/15/25	EUR	225		266,539
Axalta Coating Systems LLC, 4.88%, 8/15/24 (e)	USD	1,451		1,485,461
Blue Cube Spinco, Inc.:
9.75%, 10/15/23		1,012		1,234,640
10.00%, 10/15/25		745		923,800
CF Industries, Inc.:
7.13%, 5/01/20		860		950,300
5.15%, 3/15/34		540		499,500
4.95%, 6/01/43		1,231		1,086,358
Chemours Co.:
6.63%, 5/15/23		375		400,271
7.00%, 5/15/25		1,387		1,536,103
5.38%, 5/15/27		1,431		1,488,240
Hexion, Inc., 10.38%, 2/01/22 (e)		1,360		1,377,000
Huntsman International LLC:
4.88%, 11/15/20		1,450		1,537,000
5.13%, 4/15/21	EUR	379		482,251
5.13%, 11/15/22	USD	714		769,335
Ineos Finance PLC, 4.00%, 5/01/23	EUR	548		639,450
INEOS Group Holdings SA, 5.38%, 8/01/24		200		240,397
Inovyn Finance PLC, 6.25%, 5/15/21		160		235,903
Momentive Performance Materials, Inc., 3.88%, 10/24/21	USD	6,758		6,842,475
NOVA Chemicals Corp. (e)(f):
4.88%, 6/01/24		1,815		1,819,537


Corporate Bonds	Par (000)		Value
Chemicals (continued)
NOVA Chemicals Corp. (e)(f) (continued):
5.25%, 6/01/27	USD	4,575	$	4,580,719
Platform Specialty Products Corp. (e):
10.38%, 5/01/21		1,818		2,015,707
6.50%, 2/01/22		10,104		10,407,120
PQ Corp., 6.75%, 11/15/22 (e)		2,552		2,775,300
PSPC Escrow Corp., 6.00%, 2/01/23	EUR	394		464,862
Tronox Finance LLC:
6.38%, 8/15/20	USD	1,817		1,835,170
7.50%, 3/15/22 (e)		481		499,639
Versum Materials, Inc., 5.50%, 9/30/24 (e)		834		875,700
WR Grace & Co-Conn, 5.13%, 10/01/21 (e)		1,817		1,935,105

				53,385,882
Commercial Services & Supplies — 2.0%
ADT Corp.:
3.50%, 7/15/22		2,093		2,045,907
4.13%, 6/15/23		1,781		1,767,642
4.88%, 7/15/32 (e)		3,105		2,701,350
Advanced Disposal Services, Inc., 5.63%, 11/15/24 (e)		1,563		1,604,029
Bilbao Luxembourg SA, (10.50% Cash or 11.25% PIK), 10.50%, 12/01/18 (g)	EUR	428		493,398
Booz Allen Hamilton, Inc., 5.13%, 5/01/25 (e)	USD	2,772		2,834,370
Brand Energy & Infrastructure Services, Inc., 8.50%, 12/01/21 (e)		1,875		1,999,219
Covanta Holding Corp., 5.88%, 7/01/25		1,470		1,433,250
Harland Clarke Holdings Corp., 8.38%, 8/15/22 (e)		1,870		1,972,850
Iron Mountain Europe PLC, 6.13%, 9/15/22	GBP	100		136,254
KAR Auction Services, Inc., 5.13%, 6/01/25 (e)	USD	4,224		4,308,480
La Financiere Atalian SAS, 4.00%, 5/15/24	EUR	415		483,737
Mobile Mini, Inc., 5.88%, 7/01/24		2,683		2,790,320
Paprec Holding SA, 5.25%, 4/01/22		271		321,926
Park Aerospace Holdings Ltd., 5.25%, 8/15/22 (e)	USD	1,631		1,711,531
Ritchie Bros Auctioneers, Inc., 5.38%, 1/15/25 (e)		1,289		1,334,115
Silk Bidco AS, 7.50%, 2/01/22	EUR	247		297,922
United Rentals North America, Inc.:
7.63%, 4/15/22	USD	853		890,319



BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017	5


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


Corporate Bonds	Par (000)		Value
Commercial Services & Supplies (continued)
United Rentals North America, Inc (continued).:
5.75%, 11/15/24	USD	1,354	$	1,431,869
Verisure Holding AB, 6.00%, 11/01/22	EUR	167		202,670

				30,761,158
Communications Equipment — 1.5%
CommScope Technologies Finance LLC, 6.00%, 6/15/25 (e)	USD	147		156,217
CommScope Technologies LLC, 5.00%, 3/15/27 (e)		2,587		2,587,000
CommScope, Inc. (e):
5.00%, 6/15/21		2,278		2,336,362
5.50%, 6/15/24		1,804		1,891,945
Nokia OYJ, 6.63%, 5/15/39		3,513		3,967,512
Zayo Group LLC/Zayo Capital, Inc.:
6.00%, 4/01/23		4,466		4,722,795
6.38%, 5/15/25		3,763		4,045,225
5.75%, 1/15/27 (e)		3,110		3,280,708

				22,987,764
Construction & Engineering — 0.8%
BlueLine Rental Finance Corp., 9.25%, 3/15/24 (e)		7,401		7,734,045
Engility Corp., 8.88%, 9/01/24		1,728		1,857,600
SPIE SA, 3.13%, 3/22/24	EUR	300		350,485
Swissport Investments SA, 6.75%, 12/15/21		827		1,010,391
Tutor Perini Corp., 6.88%, 5/01/25 (e)	USD	937		980,336
Weekley Homes LLC/Weekley Finance Corp., 6.00%, 2/01/23		862		836,140

				12,768,997
Construction Materials — 1.4%
American Tire Distributors, Inc., 10.25%, 3/01/22 (e)		1,953		2,040,885
Autodis SA:
4.38%, 5/01/22 (d)	EUR	100		114,591
4.38%, 5/01/22		150		175,003
Beacon Roofing Supply, Inc., 6.38%, 10/01/23	USD	366		395,280
HD Supply, Inc. (e):
5.25%, 12/15/21		9,967		10,500,235
5.75%, 4/15/24		3,733		3,980,311
LKQ Italia Bondco SpA, 3.88%, 4/01/24	EUR	200		242,082
New Enterprise Stone & Lime Co., Inc., 10.13%, 4/01/22 (e)	USD	1,106		1,172,360
PulteGroup, Inc., 5.50%, 3/01/26		1,373		1,451,089
Rexel SA:
3.50%, 6/15/23	EUR	772		914,576


Corporate Bonds	Par (000)		Value
Rexel SA (continued):
2.63%, 6/15/24	EUR	250	$	283,682

				21,270,094
Consumer Discretionary — 0.1%
Nielsen Co. Luxembourg SARL, 5.00%, 2/01/25 (e)	USD	1,178		1,201,560
Consumer Finance — 2.2%
Alliance Data Systems Corp.:
5.25%, 12/01/17 (e)		150		151,500
5.88%, 11/01/21 (e)		3,207		3,319,245
4.50%, 3/15/22	EUR	150		176,532
5.38%, 8/01/22 (e)	USD	503		509,288
Ally Financial, Inc.:
5.13%, 9/30/24		1,230		1,276,900
4.63%, 3/30/25		904		906,441
8.00%, 11/01/31		12,826		15,487,395
Cardtronics, Inc./Cardtronics USA, Inc., 5.50%, 5/01/25 (e)		533		546,325
CDK Global, Inc., 4.88%, 6/01/27 (e)		2,140		2,162,748
Navient Corp.:
6.63%, 7/26/21		1,731		1,839,707
6.50%, 6/15/22		370		385,033
5.50%, 1/25/23		932		920,061
7.25%, 9/25/23		890		935,390
6.13%, 3/25/24		642		640,588
5.88%, 10/25/24		723		703,117
6.75%, 6/25/25		730		733,321
5.63%, 8/01/33		1,821		1,488,667
Nemean Bondco PLC, 7.38%, 2/01/24	GBP	100		131,028
OneMain Financial Holdings LLC (e):
6.75%, 12/15/19	USD	1,451		1,519,922
7.25%, 12/15/21		436		459,152
Springleaf Finance Corp., 6.13%, 5/15/22		490		506,121

				34,798,481
Containers & Packaging — 3.5%
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.:
4.43%, 5/15/21 (d)(e)		393		400,860
6.00%, 6/30/21 (e)		3,968		4,087,040
4.25%, 1/15/22	EUR	320		368,444
4.25%, 9/15/22 (e)	USD	627		638,756
4.63%, 5/15/23 (e)		1,738		1,777,105
2.75%, 3/15/24	EUR	675		771,257
6.75%, 5/15/24		450		563,009
7.25%, 5/15/24 (e)	USD	10,505		11,463,581
6.00%, 2/15/25 (e)		6,810		7,099,425
Ball Corp.:
5.00%, 3/15/22		710		758,813



6	BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017


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


Corporate Bonds	Par (000)		Value
Containers & Packaging (continued)
Ball Corp. (continued):
4.00%, 11/15/23	USD	1,374	$	1,399,763
4.38%, 12/15/23	EUR	100		126,517
BWAY Holding Co., Inc., 5.50%, 4/15/24 (e)	USD	2,550		2,607,375
Crown European Holdings SA:
4.00%, 7/15/22	EUR	200		252,136
3.38%, 5/15/25		303		354,943
Flex Acquisition Co., Inc., 6.88%, 1/15/25 (e)	USD	148		155,030
JH-Holding Finance SA, (8.25% PIK), 8.25%, 12/01/22 (g)	EUR	300		367,335
Norske Skog, 11.75%, 12/15/19		228		220,266
Reynolds Group Issuer, Inc./Reynolds Group Issuer LLC/Reynolds Group Issuer Lu:
5.75%, 10/15/20	USD	6,454		6,626,645
4.66%, 7/15/21 (d)(e)		3,894		3,971,880
5.13%, 7/15/23 (e)		1,259		1,309,360
7.00%, 7/15/24 (e)		3,953		4,254,396
Sappi Papier Holding GmbH, 4.00%, 4/01/23	EUR	150		178,613
Sealed Air Corp.:
4.88%, 12/01/22 (e)	USD	709		740,019
4.50%, 9/15/23	EUR	560		707,609
6.88%, 7/15/33 (e)	USD	700		770,000
Signode Industrial Group Lux SA/Signode Industrial Group US, Inc., 6.38%, 5/01/22 (e)		1,901		1,981,793
Smurfit Kappa Acquisitions Unltd Co., 2.38%, 2/01/24	EUR	100		115,531
Verallia Packaging SASU, 5.13%, 8/01/22		575		687,911

				54,755,412
Diversified Consumer Services — 1.4%
APX Group, Inc.:
6.38%, 12/01/19	USD	337		347,669
8.75%, 12/01/20		1,935		2,005,144
7.88%, 12/01/22		2,495		2,725,513
Cognita Financing PLC, 7.75%, 8/15/21	GBP	225		303,701
GW Honos Security Corp., 8.75%, 5/15/25 (e)	USD	586		603,580
Laureate Education, Inc., 8.25%, 5/01/25 (e)		591		622,028
Prime Security Services Borrower LLC/Prime Finance, Inc., 9.25%, 5/15/23 (e)		11,994		13,113,520
Sotheby’s, 5.25%, 10/01/22 (e)		906		924,120
Tereos Finance Groupe I SA, 4.13%, 6/16/23	EUR	300		341,217

				20,986,492


Corporate Bonds	Par (000)		Value
Diversified Financial Services — 1.8%
Aircastle Ltd.:
7.63%, 4/15/20	USD	128	$	144,960
5.13%, 3/15/21		643		688,814
5.50%, 2/15/22	USD	2,119		2,299,115
Arrow Global Finance PLC:
5.13%, 9/15/24	GBP	125		167,901
2.88%, 4/01/25 (d)	EUR	254		285,473
ASP AMC Merger Sub, Inc., 8.00%, 5/15/25 (e)	USD	833		816,340
Cabot Financial Luxembourg SA:
6.50%, 4/01/21	GBP	100		133,033
7.50%, 10/01/23		100		140,441
CNH Industrial Finance Europe SA, 1.38%, 5/23/22	EUR	401		448,211
DFC Finance Corp., (12.00% Cash or 11.00% PIK), 12.00%, 6/16/20 (e)(g)	USD	2,107		1,390,823
FBM Finance, Inc., 8.25%, 8/15/21 (e)		2,660		2,859,500
Garfunkelux Holdco 3 SA, 8.50%, 11/01/22	GBP	335		466,161
HRG Group, Inc., 7.88%, 7/15/19	USD	2,745		2,834,212
Jefferies Finance LLC/JFIN Co-Issuer Corp. (e):
7.38%, 4/01/20		2,695		2,785,956
6.88%, 4/15/22		2,552		2,564,760
Lehman Brother Holding Escrow, 1.00%, 9/22/18		430		28,165
Lehman Brothers Holdings, Inc.:
5.38%, 10/17/17	EUR	350		29,488
4.75%, 1/16/18		1,890		159,235
1.00%, 2/05/18		3,950		332,792
1.00%, 12/31/49	USD	1,535		100,543
Lincoln Finance Ltd., 6.88%, 4/15/21	EUR	100		120,620
Mercury Bondco PLC (g):
(7.13% Cash or 7.88% PIK), 7.13%, 5/30/21		1,125		1,317,478
(8.25% Cash or 9.00% PIK), 8.25%, 5/30/21		564		666,251
Pershing Square Holdings Ltd., 5.50%, 7/15/22 (e)	USD	2,100		2,178,960
ProGroup AG:
5.13%, 5/01/22	EUR	206		245,230
2.50%, 3/31/24 (d)		112		125,815
Remote Escrow Finance Vehicle LLC, 10.50%, 6/01/22 (e)	USD	1,126		1,171,040
Tempo Acquisition LLC/Tempo Acquisition Finance Corp., 6.75%, 6/01/25 (e)		1,295		1,324,138
UniCredit SpA:
6.95%, 10/31/22	EUR	375		506,686
5.75%, 10/28/25 (d)		700		864,790
4.38%, 1/03/27 (d)		675		801,965



BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017	7


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


Corporate Bonds	Par (000)		Value
Diversified Financial Services (continued)
WMG Acquisition Corp., 4.13%, 11/01/24	EUR	250	$	298,390

				28,297,286
Diversified Telecommunication Services — 3.9%
CenturyLink, Inc.:
5.63%, 4/01/25	USD	845		838,933
Series S, 6.45%, 6/15/21		6,956		7,521,175
Series T, 5.80%, 3/15/22		1,539		1,610,179
Series U, 7.65%, 3/15/42		503		474,706
Series Y, 7.50%, 4/01/24		1,881		2,059,695
Cincinnati Bell, Inc., 7.00%, 7/15/24 (e)		3,001		3,151,050
Consolidated Communications, Inc., 6.50%, 10/01/22		1,020		1,013,625
Frontier Communications Corp.:
8.13%, 10/01/18		1,470		1,554,525
7.13%, 3/15/19		1,445		1,528,087
8.50%, 4/15/20		4,373		4,635,380
8.88%, 9/15/20		292		310,615
6.25%, 9/15/21		2,265		2,123,437
7.13%, 1/15/23		1,765		1,528,931
7.63%, 4/15/24		1,542		1,295,280
6.88%, 1/15/25		4,856		3,906,069
Impera Holdings SA, (5.38% PIK), 5.38%, 9/15/22 (g)	EUR	583		679,210
Level 3 Financing, Inc.:
5.38%, 8/15/22	USD	315		324,450
5.63%, 2/01/23		1,551		1,618,856
5.13%, 5/01/23		1,292		1,344,494
5.38%, 1/15/24		1,771		1,856,238
5.38%, 5/01/25		2,692		2,829,104
5.25%, 3/15/26		3,736		3,884,282
OTE PLC, 3.50%, 7/09/20	EUR	700		806,003
Qwest Corp., 6.75%, 12/01/21	USD	486		543,463
SBA Communications Corp., 4.88%, 9/01/24 (e)		2,489		2,525,090
SoftBank Group Corp., 4.75%, 7/30/25	EUR	310		395,306
Telecom Italia Capital SA:
6.38%, 11/15/33	USD	831		892,536
6.00%, 9/30/34		4,609		4,872,543
7.20%, 7/18/36		958		1,101,700
7.72%, 6/04/38		134		160,800
Telecom Italia Finance SA, 7.75%, 1/24/33	EUR	280		427,709
Telecom Italia SpA:
1.13%, 3/26/22 (i)		100		112,455
3.25%, 1/16/23		300		370,719
5.88%, 5/19/23	GBP	400		595,562
5.30%, 5/30/24 (e)	USD	640		682,797


Corporate Bonds	Par (000)		Value
Diversified Telecommunication Services (continued)
Windstream Corp., 7.75%, 10/01/21	USD	964	$	932,670

				60,507,674
Electric Utilities — 0.1%
Talen Energy Supply LLC, 6.50%, 6/01/25		1,181		882,797
Viridian Group FundCo II Ltd., 7.50%, 3/01/20	EUR	454		534,945

				1,417,742
Electrical Equipment — 0.2%
Areva SA, 4.88%, 9/23/24		900		1,087,649
Belden, Inc., 5.50%, 4/15/23		472		562,034
Trionista Holdco GmbH, 5.00%, 4/30/20		1,405		1,603,351
Trionista TopCo GmbH, 6.88%, 4/30/21		418		488,929

				3,741,963
Electronic Equipment, Instruments & Components — 0.7%
CDW LLC/CDW Finance Corp.:
5.00%, 9/01/23	USD	3,414		3,524,955
5.50%, 12/01/24		5,857		6,325,560
5.00%, 9/01/25		714		735,420

				10,585,935
Energy Equipment & Services — 2.1%
Ensco PLC:
4.50%, 10/01/24		1,238		1,018,255
5.20%, 3/15/25		270		228,741
Gates Global LLC/Gates Global Co.:
5.75%, 7/15/22	EUR	310		356,805
6.00%, 7/15/22 (e)	USD	5,860		5,970,168
Genesis Energy LP/Genesis Energy Finance Corp.:
5.75%, 2/15/21		283		287,245
6.75%, 8/01/22		1,646		1,697,437
Noble Holding International Ltd., 4.63%, 3/01/21		61		54,900
Pattern Energy Group, Inc., 5.88%, 2/01/24 (e)		935		977,075
Pioneer Energy Services Corp., 6.13%, 3/15/22		2,090		1,818,300
Precision Drilling Corp.:
6.50%, 12/15/21		785		794,812
5.25%, 11/15/24		600		555,000
Saipem Finance International BV, 2.75%, 4/05/22	EUR	221		249,821
Transocean, Inc.:
4.50%, 10/15/17	USD	1,339		1,354,901
6.00%, 3/15/18		4,050		4,151,250
7.38%, 4/15/18		175		181,125



8	BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017


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


Corporate Bonds	Par (000)		Value
Energy Equipment & Services (continued)
Transocean, Inc. (continued):
5.80%, 10/15/22	USD	1,545	$	1,444,575
9.00%, 7/15/23 (e)		5,626		5,879,170
6.80%, 3/15/38		925		719,188
Trinidad Drilling Ltd., 6.63%, 2/15/25 (e)		2,272		2,260,640
Weatherford International Ltd.:
7.75%, 6/15/21		1,271		1,341,388
8.25%, 6/15/23		420		445,200
9.88%, 2/15/24 (e)		1,245		1,400,625

				33,186,621
Environmental, Maintenance, & Security Service — 0.2%
Befesa Zinc SAU Via Zinc Capital SA, 8.88%, 5/15/18	EUR	380		429,203
Tervita Escrow Corp., 7.63%, 12/01/21 (e)	USD	2,397		2,441,944

				2,871,147
Food & Staples Retailing — 1.1%
Albertsons Cos. LLC/Safeway, Inc./New Albertson’s, Inc./Albertson’s LLC (e):
6.63%, 6/15/24		1,082		1,119,870
5.75%, 3/15/25		1,631		1,622,845
B&M European Value Retail SA, 4.13%, 2/01/22	GBP	225		304,399
Casino Guichard Perrachon SA:
5.98%, 5/26/21	EUR	300		396,823
4.56%, 1/25/23		600		755,247
4.50%, 3/07/24		500		620,142
3.58%, 2/07/25		100		116,476
Dollar Tree, Inc.:
5.25%, 3/01/20	USD	262		269,860
5.75%, 3/01/23		5,504		5,828,736
Family Dollar Stores, Inc., 5.00%, 2/01/21		1,434		1,523,625
Rite Aid Corp.:
6.75%, 6/15/21		419		423,714
6.13%, 4/01/23 (e)		3,093		3,072,277
7.70%, 2/15/27		256		271,360

				16,325,374
Food Products — 1.2%
Acosta, Inc., 7.75%, 10/01/22 (e)		1,859		1,570,855
Aramark Services, Inc., 5.13%, 1/15/24		1,182		1,247,010
B&G Foods, Inc., 5.25%, 4/01/25		1,839		1,903,365
Chobani LLC/Chobani Finance Corp., Inc., 7.50%, 4/15/25 (e)		2,638		2,774,385
Clearwater Seafoods, Inc., 6.88%, 5/01/25 (e)		513		536,085


Corporate Bonds	Par (000)		Value
Food Products (continued)
Darling Global Finance BV, 4.75%, 5/30/22	EUR	100	$	118,793
FAGE International SA/FAGE USA Dairy Industry, Inc., 5.63%, 8/15/26 (e)	USD	560		571,200
JBS USA LLC/JBS USA Finance, Inc. (e):
7.25%, 6/01/21		340		339,150
5.88%, 7/15/24		737		718,575
5.75%, 6/15/25		3,775		3,664,109
Post Holdings, Inc. (e):
5.50%, 3/01/25		294		307,965
5.00%, 8/15/26		2,315		2,329,469
TreeHouse Foods, Inc., 6.00%, 2/15/24 (e)		976		1,041,880
WhiteWave Foods Co., 5.38%, 10/01/22		1,255		1,414,035

				18,536,876
Health Care Equipment & Supplies — 1.2%
Crimson Merger Sub, Inc., 6.63%, 5/15/22 (e)		6,008		5,722,620
DJO Finco, Inc./DJO Finance LLC/DJO Finance Corp., 8.13%, 6/15/21 (e)		5,381		5,004,330
Fresenius Medical Care US Finance, Inc., 5.75%, 2/15/21 (e)		1,055		1,164,456
IASIS Healthcare LLC/IASIS Capital Corp., 8.38%, 5/15/19		1,504		1,522,800
Mallinckrodt International Finance SA/Mallinckrodt CB LLC (e):
4.88%, 4/15/20		980		980,000
5.75%, 8/01/22		2,090		2,065,182
5.50%, 4/15/25		1,494		1,370,745
Teleflex, Inc., 4.88%, 6/01/26		684		701,100

				18,531,233
Health Care Providers & Services — 7.5%
Acadia Healthcare Co., Inc.:
5.13%, 7/01/22		502		512,040
5.63%, 2/15/23		1,992		2,069,190
6.50%, 3/01/24		1,734		1,851,045
Alere, Inc., 6.38%, 7/01/23 (e)		1,387		1,499,694
Amsurg Corp., 5.63%, 7/15/22		5,476		5,714,890
Centene Corp.:
5.63%, 2/15/21		2,516		2,627,660
4.75%, 5/15/22		2,467		2,573,081
6.13%, 2/15/24		391		424,845
4.75%, 1/15/25		1,775		1,832,687
CHS/Community Health Systems, Inc.:
8.00%, 11/15/19		993		997,965



BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017	9


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


Corporate Bonds	Par (000)		Value
Health Care Providers & Services (continued)
CHS/Community Health Systems, Inc. (continued):
7.13%, 7/15/20	USD	2,651	$	2,611,235
5.13%, 8/01/21		1,102		1,115,775
6.88%, 2/01/22		2,609		2,318,749
6.25%, 3/31/23		5,571		5,775,734
DaVita, Inc.:
5.13%, 7/15/24		1,598		1,625,965
5.00%, 5/01/25		4,219		4,192,631
Eagle Holding Co. II LLC, (7.63% Cash or 8.38% PIK), 7.63%, 5/15/22 (e)(g)		1,776		1,831,997
Envision Healthcare Corp., 5.13%, 7/01/22 (e)		835		855,875
HCA, Inc.:
6.50%, 2/15/20		7,646		8,401,042
5.88%, 3/15/22		1,245		1,381,950
4.75%, 5/01/23		512		546,125
5.88%, 5/01/23		2,271		2,479,659
5.00%, 3/15/24		4,905		5,255,217
5.38%, 2/01/25		5,456		5,735,620
5.25%, 4/15/25		841		918,271
5.88%, 2/15/26		3,125		3,394,531
5.25%, 6/15/26		4,611		5,008,929
4.50%, 2/15/27		2,237		2,301,426
HealthSouth Corp.:
5.13%, 3/15/23		1,040		1,060,800
5.75%, 11/01/24		1,170		1,208,025
5.75%, 9/15/25		465		483,600
Hologic, Inc., 5.25%, 7/15/22 (e)		1,930		2,026,500
HomeVi SAS, 6.88%, 8/15/21	EUR	141		165,811
Marcolin SpA, 4.13%, 2/15/23 (d)		125		143,227
MEDNAX, Inc., 5.25%, 12/01/23 (e)	USD	1,134		1,151,010
Molina Healthcare, Inc., 4.88%, 6/15/25 (e)(f)		685		690,138
MPH Acquisition Holdings LLC, 7.13%, 6/01/24 (e)		4,968		5,309,302
New Amethyst Corp., 6.25%, 12/01/24 (e)		2,308		2,469,560
NewCo SAB MidCo SASU, 5.38%, 4/15/25	EUR	130		150,061
RegionalCare Hospital Partners Holdings, Inc., 8.25%, 5/01/23 (e)	USD	2,189		2,342,230
Sterigenics-Nordion Holdings LLC, 6.50%, 5/15/23 (e)		424		436,720
Surgery Center Holdings, Inc., 8.88%, 4/15/21 (e)		388		414,675
Tenet Healthcare Corp.:
6.25%, 11/01/18		403		425,165
4.75%, 6/01/20		1,805		1,865,919


Corporate Bonds	Par (000)		Value
Health Care Providers & Services (continued)
Tenet Healthcare Corp. (continued):
4.63%, 6/15/20 (d)	USD	1,432	$	1,442,740
6.00%, 10/01/20		3,835		4,108,244
4.50%, 4/01/21		789		809,751
4.38%, 10/01/21		1,281		1,314,946
8.13%, 4/01/22		4,228		4,460,540
6.75%, 6/15/23		6,507		6,473,359
Unilabs Subholding AB, 5.75%, 5/15/25	EUR	251		285,856
Vizient, Inc., 10.38%, 3/01/24 (e)	USD	395		455,238
WellCare Health Plans, Inc., 5.25%, 4/01/25		576		606,960

				116,154,205
Health Care Technology — 0.1%
Change Healthcare Holdings LLC/Change Healthcare Finance, Inc., 5.75%, 3/01/25 (e)		1,375		1,412,812
Quintiles IMS, Inc.:
3.25%, 3/15/25	EUR	100		115,424
3.25%, 3/15/25 (e)		350		403,985

				1,932,221
Hotels, Restaurants & Leisure — 4.3%
Burger King France SAS:
5.25%, 5/01/23 (d)		419		486,263
6.00%, 5/01/24		325		386,994
Caesars Entertainment Resort Properties LLC/Caesars Entertainment Resort Property, 8.00%, 10/01/20	USD	4,753		4,925,296
Cirsa Funding Luxembourg SA:
5.75%, 5/15/21	EUR	100		119,370
5.88%, 5/15/23		100		118,935
Codere Finance 2 Luxembourg SA, 6.75%, 11/01/21		210		244,839
Eldorado Resorts, Inc., 6.00%, 4/01/25 (e)	USD	568		597,110
ESH Hospitality, Inc., 5.25%, 5/01/25 (e)		1,800		1,839,312
GLP Capital LP/GLP Financing II, Inc., 5.38%, 4/15/26		986		1,067,345
International Game Technology PLC:
6.25%, 2/15/22 (e)		400		432,600
4.75%, 2/15/23	EUR	310		381,328
Jacobs Entertainment, Inc., 7.88%, 2/01/24 (e)	USD	749		790,195
KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of America LLC (e):
5.00%, 6/01/24		255		265,277
5.25%, 6/01/26		1,176		1,233,918



10	BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017


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


Corporate Bonds	Par (000)		Value
Hotels, Restaurants & Leisure (continued)
Melco Resorts Finance Ltd., 4.88%, 6/06/25 (e)(f)	USD	2,475	$	2,485,731
MGM Resorts International:
5.25%, 3/31/20		790		840,829
6.75%, 10/01/20		2,998		3,331,528
6.63%, 12/15/21		1,810		2,031,725
7.75%, 3/15/22		610		715,225
4.63%, 9/01/26		4,962		4,968,202
New Red Finance, Inc. (e):
6.00%, 4/01/22		4,455		4,637,432
4.25%, 5/15/24		3,934		3,934,000
Pizzaexpress Financing 2 PLC, 6.63%, 8/01/21	GBP	300		397,656
PortAventura Entertainment Barcelona BV, 7.25%, 12/01/20	EUR	439		510,879
Sabre GLBL, Inc. (e):
5.38%, 4/15/23	USD	1,516		1,589,905
5.25%, 11/15/23		807		839,280
Scientific Games International, Inc.:
7.00%, 1/01/22 (e)		4,183		4,465,352
10.00%, 12/01/22		7,934		8,638,142
Six Flags Entertainment Corp. (e):
4.88%, 7/31/24		3,690		3,713,062
5.50%, 4/15/27		2,311		2,380,330
Snai SpA, 6.38%, 11/07/21	EUR	200		240,790
Station Casinos LLC, 7.50%, 3/01/21	USD	2,893		3,001,488
Stonegate Pub Co. Financing PLC:
4.72%, 3/15/22 (d)	GBP	150		194,814
4.88%, 3/15/22		325		425,480
Thomas Cook Group PLC, 6.25%, 6/15/22	EUR	540		659,990
Unique Pub Finance Co. PLC:
Series A3, 6.54%, 3/30/21	GBP	652		910,685
Series A4, 5.66%, 6/30/27		499		718,766
Series N, 6.46%, 3/30/32		1,000		1,263,679
Vue International Bidco PLC, 7.88%, 7/15/20		520		688,252
Yum! Brands, Inc., 3.88%, 11/01/23	USD	721		713,566

				67,185,570
Household Durables — 1.7%
AV Homes, Inc., 6.63%, 5/15/22 (e)		674		687,480
Brookfield Residential Properties, Inc./Brookfield Residential US Corp., 6.13%, 7/01/22 (e)		1,604		1,648,110
CalAtlantic Group, Inc.:
8.38%, 1/15/21		2,680		3,156,638
5.25%, 6/01/26		447		459,293


Corporate Bonds	Par (000)		Value
Household Durables (continued)
Lennar Corp.:
4.50%, 11/15/19	USD	2,482	$	2,584,382
4.75%, 4/01/21		314		331,270
4.13%, 1/15/22		884		906,100
4.75%, 11/15/22		1,300		1,357,083
4.88%, 12/15/23		968		1,011,560
Mattamy Group Corp., 6.88%, 12/15/23 (e)		708		716,850
Meritage Homes Corp., 5.13%, 6/06/27 (e)(f)		471		470,411
PulteGroup, Inc., 6.38%, 5/15/33		2,805		2,917,200
Ryland Group, Inc., 6.63%, 5/01/20		1,160		1,278,900
Standard Pacific Corp., 5.88%, 11/15/24		1,278		1,377,045
Tempur Sealy International, Inc., 5.50%, 6/15/26		2,812		2,823,810
TRI Pointe Group, Inc.:
4.38%, 6/15/19		1,060		1,086,500
4.88%, 7/01/21		1,275		1,326,000
5.88%, 6/15/24		770		806,575
VWR Funding, Inc., 4.63%, 4/15/22	EUR	100		116,753
William Lyon Homes, Inc., 5.88%, 1/31/25	USD	769		793,993

				25,855,953
Household Products — 0.3%
ACCO Brands Corp., 5.25%, 12/15/24 (e)		539		556,518
Prestige Brands, Inc., 6.38%, 3/01/24 (e)		2,176		2,301,120
Spectrum Brands, Inc., 6.63%, 11/15/22		1,385		1,457,712

				4,315,350
Independent Power and Renewable Electricity Producers — 1.2%
Calpine Corp.:
6.00%, 1/15/22 (e)		251		261,354
5.38%, 1/15/23		514		504,100
5.88%, 1/15/24 (e)		1,389		1,434,142
Dynegy, Inc.:
6.75%, 11/01/19		4,240		4,361,900
7.38%, 11/01/22		1,935		1,905,975
7.63%, 11/01/24		776		752,720
MPM Escrow LLC, 8.88%, 10/15/20 (b)(d)		3,738		—
NRG Energy, Inc.:
7.88%, 5/15/21		427		441,945
6.63%, 3/15/23		210		216,321
6.25%, 5/01/24		315		316,733
6.63%, 1/15/27		4,559		4,479,217



BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017	11


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


Corporate Bonds	Par (000)		Value
Independent Power and Renewable Electricity Producers (continued)
NRG Yield Operating LLC, 5.38%, 8/15/24	USD	645	$	665,963
QEP Resources, Inc., 5.38%, 10/01/22		1,287		1,258,043
TerraForm Power Operating LLC, 6.38%, 2/01/23 (e)(j)		1,301		1,346,535

				17,944,948
Industrial Conglomerates — 0.2%
Colfax Corp., 3.25%, 5/15/25	EUR	489	$	567,171
Vertiv Group Corp, 9.25%, 10/15/24 (e)	USD	2,430		2,624,400

				3,191,571
Insurance — 0.9%
Achmea BV, 6.00%, 4/04/43 (d)	EUR	100		126,914
Assicurazioni Generali SpA (d):
7.75%, 12/12/42		400		549,318
5.50%, 10/27/47		200		244,023
BNP Paribas Cardif SA, 4.03% (d)(k)		100		118,888
Credit Agricole Assurances SA, 4.50% (d)(k)		200		239,654
Groupama SA, 6.00%, 1/23/27		500		661,428
HUB International Ltd., 7.88%, 10/01/21 (e)	USD	5,484		5,730,780
Old Mutual PLC, 8.00%, 6/03/21	GBP	200		299,414
Pension Insurance Corp. PLC, 6.50%, 7/03/24		175		241,666
Radian Group, Inc.:
5.25%, 6/15/20	USD	706		748,360
7.00%, 3/15/21		366		410,835
USIS Merger Sub, Inc., 6.88%, 5/01/25 (e)		805		815,063
Wayne Merger Sub LLC, 8.25%, 8/01/23 (e)		4,208		4,449,960

				14,636,303
Internet Software & Services — 0.7%
Equinix, Inc.:
5.38%, 1/01/22		1,110		1,172,782
5.88%, 1/15/26		2,567		2,790,817
Netflix, Inc.:
5.50%, 2/15/22		2,087		2,266,743
4.38%, 11/15/26 (e)		2,326		2,329,024
3.63%, 5/15/27	EUR	215		247,618
Symantec Corp., 5.00%, 4/15/25 (e)	USD	1,596		1,655,850

				10,462,834
IT Services — 2.3%
Ceridian HCM Holding, Inc., 11.00%, 3/15/21 (e)		1,631		1,716,628


Corporate Bonds	Par (000)		Value
IT Services (continued)
First Data Corp. (e):
7.00%, 12/01/23	USD	7,593	$	8,200,440
5.75%, 1/15/24		18,210		19,234,312
Gartner, Inc., 5.13%, 4/01/25 (e)		1,772		1,851,740
WEX, Inc., 4.75%, 2/01/23 (e)		4,804		4,779,980

				35,783,100
Machinery — 0.5%
EnPro Industries, Inc., 5.88%, 9/15/22 (e)		848		886,160
Navistar International Corp., 8.25%, 11/01/21		830		839,852
SPX FLOW, Inc. (e):
5.63%, 8/15/24		993		1,017,825
5.88%, 8/15/26		993		1,025,888
Terex Corp., 5.63%, 2/01/25 (e)		3,529		3,617,225
Trinseo Materials Operating SCA/Trinseo Materials Finance, Inc., 6.38%, 5/01/22	EUR	490		589,704

				7,976,654
Media — 15.0%
Adria Bidco BV, 7.88%, 11/15/20		350		409,536
Altice Financing SA (e):
6.63%, 2/15/23	USD	945		1,005,480
7.50%, 5/15/26		7,087		7,804,559
Altice Finco SA, 8.13%, 1/15/24 (e)		500		543,750
Altice Luxembourg SA:
7.25%, 5/15/22	EUR	300		357,272
7.75%, 5/15/22 (e)	USD	2,649		2,814,562
6.25%, 2/15/25	EUR	660		816,182
Altice US Finance I Corp. (e):
5.38%, 7/15/23	USD	6,270		6,544,312
5.50%, 5/15/26		2,435		2,550,663
AMC Entertainment Holdings, Inc., 6.38%, 11/15/24	GBP	408		565,588
AMC Networks, Inc.:
4.75%, 12/15/22	USD	2,358		2,419,898
5.00%, 4/01/24		756		767,332
Block Communications, Inc., 6.88%, 2/15/25 (e)		1,500		1,614,375
Cablevision Systems Corp.:
8.63%, 9/15/17		550		559,625
7.75%, 4/15/18		1,393		1,451,757
8.00%, 4/15/20		2,224		2,496,440
CBS Radio, Inc., 7.25%, 11/01/24 (e)		643		678,365
CCO Holdings LLC/CCO Holdings Capital Corp.:
5.25%, 9/30/22		795		824,320
5.13%, 5/01/23 (e)		678		713,175
5.13%, 5/01/27 (e)		11,906		12,196,209



12	BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017


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


Corporate Bonds	Par (000)		Value
Media (continued)
CCO Holdings LLC/CCO Holdings Capital Corp. (continued):
5.88%, 5/01/27 (e)	USD	1,927	$	2,052,255
Cequel Communications Holdings I LLC/Cequel Capital Corp. (e):
5.13%, 12/15/21		7,150		7,296,227
7.75%, 7/15/25		6,629		7,374,762
Clear Channel International BV, 8.75%, 12/15/20 (e)		3,146		3,334,760
Clear Channel Worldwide Holdings, Inc.:
6.50%, 11/15/22		13,137		13,513,892
Series B, 7.63%, 3/15/20		6,295		6,326,475
Columbus Cable Barbados Ltd., 7.38%, 3/30/21 (e)		2,647		2,820,378
CSC Holdings LLC:
7.88%, 2/15/18		734		764,278
7.63%, 7/15/18		351		372,060
10.13%, 1/15/23 (e)		4,866		5,665,824
5.25%, 6/01/24		4,065		4,151,381
6.63%, 10/15/25 (e)		1,341		1,477,313
10.88%, 10/15/25 (e)		11,091		13,503,292
DISH DBS Corp.:
6.75%, 6/01/21		74		81,955
5.88%, 7/15/22		3,972		4,240,110
5.00%, 3/15/23		3,144		3,231,466
5.88%, 11/15/24		766		815,790
7.75%, 7/01/26		5,680		6,674,000
DISH Network Corp., 3.38%, 8/15/26 (e)(i)		1,894		2,302,394
eircom Finance DAC, 4.50%, 5/31/22	EUR	300		354,256
GTT Communications, Inc., 7.88%, 12/31/24 (e)(f)	USD	1,722		1,842,540
Hughes Satellite Systems Corp.:
7.63%, 6/15/21		595		675,325
5.25%, 8/01/26		3,678		3,783,742
6.63%, 8/01/26		801		849,060
iHeartCommunications, Inc.:
9.00%, 12/15/19		2,102		1,664,511
9.00%, 3/01/21		241		177,135
9.00%, 9/15/22		3,845		2,816,462
10.63%, 3/15/23		1,980		1,460,250
Intelsat Jackson Holdings SA:
7.25%, 4/01/19		2,984		2,857,180
7.25%, 10/15/20		2,603		2,342,700
5.50%, 8/01/23		2,439		2,006,078
LG Finance Co. Corp., 5.88%, 11/01/24 (e)		598		623,415
LGE HoldCo VI BV, 7.13%, 5/15/24	EUR	300		381,658
McGraw-Hill Global Education Holdings LLC/McGraw-Hill Global Education Finance, 7.88%, 5/15/24 (e)	USD	639		623,025


Corporate Bonds	Par (000)		Value
Media (continued)
MDC Partners, Inc., 6.50%, 5/01/24 (e)	USD	2,003	$	2,018,023
Midcontinent Communications/Midcontinent Finance Corp. (e):
6.25%, 8/01/21		3,901		4,037,535
6.88%, 8/15/23		296		319,310
NAI Entertainment Holdings/NAI Entertainment Holdings Finance Corp., 5.00%, 8/01/18 (e)		2,039		2,046,646
NBCUniversal Enterprise, Inc., 5.25% (e)(k)		400		424,000
Nexstar Broadcasting, Inc., 5.63%, 8/01/24 (e)		985		992,388
Numericable Group SA:
5.38%, 5/15/22	EUR	280		328,094
6.00%, 5/15/22	USD	200		209,250
Outfront Media Capital LLC/Outfront Media Capital Corp., 5.25%, 2/15/22		650		676,000
Radio One, Inc., 7.38%, 4/15/22 (e)		805		829,150
SFR Group SA (e):
6.00%, 5/15/22		5,089		5,324,366
7.38%, 5/01/26		10,740		11,619,284
Sirius XM Radio, Inc. (e):
4.25%, 5/15/20		2,204		2,234,856
5.75%, 8/01/21		1,811		1,874,385
4.63%, 5/15/23		230		233,595
Sterling Entertainment Corp., 9.75%, 12/15/19 (b)		4,810		4,761,900
TEGNA, Inc.:
5.13%, 10/15/19		857		877,354
5.50%, 9/15/24 (e)		275		284,625
Telenet Finance V Luxembourg SCA, 6.75%, 8/15/24	EUR	982		1,213,442
Telesat Canada/Telesat LLC, 8.88%, 11/15/24 (e)	USD	2,571		2,879,520
Townsquare Media, Inc., 6.50%, 4/01/23 (e)		517		520,878
Tribune Media Co., 5.88%, 7/15/22		1,679		1,769,246
Unitymedia Hessen GmbH & Co. KG/Unitymedia NRW GmbH:
5.63%, 4/15/23	EUR	166		198,847
4.00%, 1/15/25		1,111		1,319,804
5.00%, 1/15/25 (e)	USD	500		518,125
4.63%, 2/15/26	EUR	100		122,164
3.50%, 1/15/27		200		233,095
6.25%, 1/15/29		700		902,330
Univision Communications, Inc. (e):
5.13%, 5/15/23	USD	2,315		2,330,904
5.13%, 2/15/25		1,637		1,616,538



BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017	13


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


Corporate Bonds	Par (000)		Value
Media (continued)
UPC Holding BV, 6.75%, 3/15/23	EUR	200	$	242,363
UPCB Finance IV Ltd., 4.00%, 1/15/27		400		471,321
Videotron Ltd./Videotron Ltee, 5.13%, 4/15/27 (e)	USD	1,657		1,714,995
Virgin Media Finance PLC:
4.50%, 1/15/25	EUR	183		217,907
5.75%, 1/15/25 (e)	USD	3,518		3,597,155
Virgin Media Receivables Financing Notes I DAC, 5.50%, 9/15/24	GBP	300		408,979
Virgin Media Secured Finance PLC:
5.13%, 1/15/25		210		287,959
5.25%, 1/15/26 (e)	USD	1,439		1,464,183
5.50%, 8/15/26 (e)		1,144		1,178,320
4.88%, 1/15/27	GBP	200		267,998
6.25%, 3/28/29		829		1,177,395
WaveDivision Escrow LLC/WaveDivision Escrow Corp., 8.13%, 9/01/20 (e)	USD	4,428		4,605,120
Wind Acquisition Finance SA:
4.75%, 7/15/20 (e)		250		253,478
7.00%, 4/23/21	EUR	400		468,212
7.38%, 4/23/21 (e)	USD	3,885		4,048,170
Ziggo Bond Finance BV:
4.63%, 1/15/25	EUR	300		358,910
5.88%, 1/15/25 (e)	USD	2,643		2,702,467
Ziggo Secured Finance BV, 4.25%, 1/15/27	EUR	400		478,842

				232,248,777
Metal Fabricating — 0.0%
Park-Ohio Industries, Inc., 6.63%, 4/15/27 (e)	USD	380		396,625
Metals & Mining — 8.0%
Alcoa Nederland Holding BV, 7.00%, 9/30/26 (e)		681		745,695
Alcoa, Inc.:
6.15%, 8/15/20		1,330		1,460,211
5.13%, 10/01/24		3,854		4,096,802
5.90%, 2/01/27		760		830,300
6.75%, 1/15/28		477		536,067
5.95%, 2/01/37		674		694,220
Anglo American Capital PLC:
3.63%, 5/14/20 (e)		1,116		1,130,553
4.45%, 9/27/20 (e)		412		428,480
3.50%, 3/28/22	EUR	200		244,461
3.25%, 4/03/23		100		121,328
4.88%, 5/14/25 (e)	USD	2,578		2,673,206
ArcelorMittal:
7.50%, 10/15/39		400		447,920
7.25%, 3/01/41		1,498		1,655,290


Corporate Bonds	Par (000)		Value
Metals & Mining (continued)
Cliffs Natural Resources, Inc., 8.25%, 3/31/20 (e)	USD	1,158	$	1,273,800
Constellium NV:
7.00%, 1/15/23	EUR	200		237,058
8.00%, 1/15/23 (e)	USD	6,910		7,117,300
6.63%, 3/01/25 (e)		3,856		3,721,040
First Quantum Minerals Ltd. (e):
7.00%, 2/15/21		4,561		4,776,735
7.25%, 5/15/22		1,533		1,578,990
7.25%, 4/01/23		310		313,100
7.50%, 4/01/25		1,089		1,096,487
Freeport-McMoRan, Inc.:
2.30%, 11/14/17		1,337		1,333,658
2.38%, 3/15/18		15,430		15,414,570
3.10%, 3/15/20		2,080		2,046,907
4.00%, 11/14/21		2,078		2,028,544
3.55%, 3/01/22		3,507		3,279,045
3.88%, 3/15/23		8,801		8,179,649
5.40%, 11/14/34		689		609,765
5.45%, 3/15/43		8,404		7,106,590
Grinding Media, Inc./MC Grinding Media Canada, Inc., 7.38%, 12/15/23 (e)		2,402		2,591,158
Joseph T Ryerson & Son, Inc., 11.00%, 5/15/22 (e)		1,378		1,564,030
Kaiser Aluminum Corp., 5.88%, 5/15/24		773		815,515
Kinross Gold Corp.:
5.95%, 3/15/24		210		229,425
6.88%, 9/01/41		495		519,750
Novelis Corp. (e):
6.25%, 8/15/24		7,045		7,422,612
5.88%, 9/30/26		5,244		5,427,540
Nyrstar Netherlands Holdings BV, 6.88%, 3/15/24	EUR	200		231,950
Peabody Energy Corp. (e):
6.00%, 3/31/22	USD	490		492,450
6.38%, 3/31/25		536		536,000
Petra Diamonds US Treasury PLC, 7.25%, 5/01/22 (e)		906		939,522
Steel Dynamics, Inc.:
5.13%, 10/01/21		3,085		3,181,406
6.38%, 8/15/22		1,345		1,394,092
5.25%, 4/15/23		949		981,029
5.50%, 10/01/24		1,540		1,630,475
5.00%, 12/15/26		40		40,700
SunCoke Energy Partners LP/SunCoke Energy Partners Finance Corp., 7.50%, 6/15/25 (e)		1,525		1,497,367



14	BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017


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


Corporate Bonds	Par (000)		Value
Metals & Mining (continued)
Teck Resources Ltd.:
4.50%, 1/15/21	USD	902	$	942,590
3.75%, 2/01/23		2,129		2,094,404
8.50%, 6/01/24 (e)		2,795		3,228,225
6.13%, 10/01/35		502		522,080
6.00%, 8/15/40		3,304		3,353,560
5.20%, 3/01/42		3,303		3,071,790
5.40%, 2/01/43		2,441		2,282,335
ThyssenKrupp AG, 1.38%, 3/03/22	EUR	375		419,436
United States Steel Corp., 8.38%, 7/01/21 (e)	USD	2,224		2,440,840
				123,028,052
Multi-Utilities — 0.3%
NGL Energy Partners LP/NGL Energy Finance Corp.:
6.88%, 10/15/21		1,230		1,245,375
7.50%, 11/01/23 (e)		2,795		2,829,938
				4,075,313
Multiline Retail — 0.0%
Neiman Marcus Group Ltd., 8.00%, 10/15/21 (e)		1,214		628,245
Oil, Gas & Consumable Fuels — 13.4%
Alta Mesa Holdings LP/Alta Mesa Finance Services Corp., 7.88%, 12/15/24 (e)		801		839,048
Antero Midstream Partners LP/Antero Midstream Finance Corp., 5.38%, 9/15/24 (e)		385		394,144
Antero Resources Corp.:
5.13%, 12/01/22		744		752,370
5.63%, 6/01/23		644		660,100
Ascent Resources Utica Holdings LLC/ARU Finance Corp., 10.00%, 4/01/22 (e)		1,962		2,011,050
California Resources Corp., 8.00%, 12/15/22 (e)		1,148		859,565
Callon Petroleum Co.:
6.13%, 10/01/24		817		845,595
6.13%, 10/01/24 (e)		2,375		2,458,125
Carrizo Oil & Gas, Inc., 6.25%, 4/15/23		871		847,048
Cheniere Corpus Christi Holdings LLC:
7.00%, 6/30/24		3,143		3,520,160
5.88%, 3/31/25		3,040		3,264,200
5.13%, 6/30/27 (e)		3,501		3,549,139
Chesapeake Energy Corp.:
6.88%, 11/15/20		1,262		1,306,170
5.75%, 3/15/23		216		202,500
8.00%, 1/15/25 (e)		2,690		2,676,550


Corporate Bonds	Par (000)		Value
Oil, Gas & Consumable Fuels (continued)
Chesapeake Energy Corp. (continued):
8.00%, 6/15/27 (e)(f)	USD	1,619	$	1,586,620
CONSOL Energy, Inc.:
5.88%, 4/15/22		16,261		16,037,411
8.00%, 4/01/23		116		122,235
Continental Resources, Inc.:
4.50%, 4/15/23		132		129,030
3.80%, 6/01/24		3,669		3,428,314
4.90%, 6/01/44		1,060		906,957
Covey Park Energy LLC/Covey Park Finance Corp., 7.50%, 5/15/25 (e)		1,418		1,453,450
Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp., 6.25%, 4/01/23		175		181,452
CrownRock LP/CrownRock Finance, Inc. (e):
7.13%, 4/15/21		2,753		2,835,590
7.75%, 2/15/23		1,519		1,610,140
DCP Midstream LLC (e):
6.45%, 11/03/36		1,258		1,339,770
6.75%, 9/15/37		1,490		1,612,925
DEA Finance SA, 7.50%, 10/15/22	EUR	330		403,579
Denbury Resources, Inc.:
9.00%, 5/15/21 (e)	USD	2,046		2,097,150
5.50%, 5/01/22		2,602		1,886,450
4.63%, 7/15/23		1,278		853,065
Diamondback Energy, Inc., 5.38%, 5/31/25 (e)		1,071		1,103,130
Eclipse Resources Corp., 8.88%, 7/15/23		550		554,125
Energy Transfer Equity LP:
7.50%, 10/15/20		665		743,138
5.88%, 1/15/24		4,667		4,982,022
5.50%, 6/01/27		1,965		2,068,162
EP Energy LLC/Everest Acquisition Finance, Inc.:
9.38%, 5/01/20		1,802		1,648,830
8.00%, 11/29/24 (e)		3,215		3,319,487
Extraction Oil & Gas Holdings LLC/Extraction Finance Corp., 7.88%, 7/15/21 (e)		1,843		1,925,935
Great Western Petroleum LLC/Great Western Finance, Inc., 9.00%, 9/30/21 (e)		2,007		2,062,192
Gulfport Energy Corp.:
6.63%, 5/01/23		638		642,785
6.00%, 10/15/24 (e)		722		707,560
Halcon Resources Corp., 6.75%, 2/15/25 (e)		5,132		4,785,590
Hilcorp Energy I LP/Hilcorp Finance Co., 5.00%, 12/01/24 (e)		1,758		1,676,692



BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017	15


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


Corporate Bonds	Par (000)		Value
Oil, Gas & Consumable Fuels (continued)
Matador Resources Co., 6.88%, 4/15/23	USD	152	$	159,600
MEG Energy Corp. (e):
6.38%, 1/30/23		665		570,238
7.00%, 3/31/24		3,395		2,936,675
6.50%, 1/15/25		5,097		4,982,317
Murphy Oil Corp.:
6.88%, 8/15/24		2,221		2,326,497
6.13%, 12/01/42		353		336,233
Newfield Exploration Co., 5.63%, 7/01/24		872		924,320
NGPL PipeCo LLC (e):
7.12%, 12/15/17		5,652		5,779,170
7.77%, 12/15/37		3,006		3,569,625
Noble Holding International Ltd., 7.75%, 1/15/24		2,489		2,195,771
Noble Holding US Corp/Noble Drilling Services 6 LLC/Noble Drilling Holding LLC, 7.50%, 3/15/19		675		705,375
Oasis Petroleum, Inc., 6.50%, 11/01/21		2,648		2,687,720
ONEOK, Inc.:
7.50%, 9/01/23		1,400		1,668,625
6.00%, 6/15/35		260		275,600
Paramount Resources Ltd., 6.88%, 6/30/23 (e)		4,645		4,912,087
Parker Drilling Co.:
7.50%, 8/01/20		1,017		941,996
6.75%, 7/15/22		1,123		965,780
Parsley Energy LLC/Parsley Finance Corp. (e):
6.25%, 6/01/24		458		483,190
5.38%, 1/15/25		2,120		2,146,500
5.25%, 8/15/25		532		535,990
PBF Holding Co. LLC/PBF Finance Corp., 7.25%, 6/15/25 (e)		1,424		1,406,200
Petrobras International Finance Co., 5.38%, 1/27/21		200		203,910
Petroleos Mexicanos, 5.38%, 3/13/22 (e)		270		287,601
QEP Resources, Inc., 5.25%, 5/01/23		1,240		1,202,800
Range Resources Corp. (e):
5.88%, 7/01/22		3,456		3,533,760
5.00%, 8/15/22		530		520,725
5.00%, 3/15/23		1,058		1,031,550
Resolute Energy Corp.:
8.50%, 5/01/20		1,549		1,576,108
8.50%, 5/01/20 (e)		925		941,188
Rockies Express Pipeline LLC (e):
6.00%, 1/15/19		1,984		2,081,970
5.63%, 4/15/20		695		740,175
6.88%, 4/15/40		3,119		3,384,115


Corporate Bonds	Par (000)		Value
Oil, Gas & Consumable Fuels (continued)
Rowan Cos., Inc.:
4.88%, 6/01/22	USD	195	$	185,006
7.38%, 6/15/25		4,329		4,242,420
RSP Permian, Inc.:
6.63%, 10/01/22		2,065		2,175,994
5.25%, 1/15/25 (e)		1,046		1,059,075
Sanchez Energy Corp.:
7.75%, 6/15/21		138		130,065
6.13%, 1/15/23		6,955		6,120,400
SESI LLC:
6.38%, 5/01/19		480		472,800
7.13%, 12/15/21		655		653,363
Seven Generations Energy Ltd., 8.25%, 5/15/20 (e)		852		890,340
SM Energy Co.:
1.50%, 7/01/21 (i)		1,740		1,592,100
6.50%, 11/15/21		845		853,450
6.13%, 11/15/22		2,096		2,073,730
6.50%, 1/01/23		523		515,155
5.00%, 1/15/24		38		35,150
5.63%, 6/01/25		307		288,485
6.75%, 9/15/26		694		680,120
Southwestern Energy Co., 5.80%, 1/23/20		5,581		5,664,715
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp. (e):
5.50%, 9/15/24		1,206		1,224,090
5.13%, 2/01/25		548		567,180
5.38%, 2/01/27		401		418,043
Targa Resources Partners LP/Targa Resources Partners Finance Corp.:
6.38%, 8/01/22		4,053		4,184,722
5.25%, 5/01/23		78		80,438
Tesoro Corp. (e):
4.75%, 12/15/23		2,707		2,849,117
5.13%, 12/15/26		3,846		4,115,220
Tesoro Logistics LP/Tesoro Logistics Finance Corp.:
6.13%, 10/15/21		321		334,843
6.25%, 10/15/22		3,154		3,374,780
Tullow Oil PLC:
6.00%, 11/01/20		200		194,000
6.00%, 11/01/20 (e)		200		194,000
6.25%, 4/15/22 (e)		200		187,500
Ultra Resources, Inc., 6.88%, 4/15/22 (e)		624		629,460
Weatherford International LLC, 6.80%, 6/15/37		702		652,860
Weatherford International Ltd.:
6.50%, 8/01/36		1,505		1,391,553



16	BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017


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


Corporate Bonds	Par (000)		Value
Oil, Gas & Consumable Fuels (continued)
Weatherford International Ltd. (continued):
7.00%, 3/15/38	USD	1,693	$	1,582,955
5.95%, 4/15/42		1,186		1,016,995
Whiting Petroleum Corp.:
5.00%, 3/15/19		784		782,040
5.75%, 3/15/21		627		615,087
6.25%, 4/01/23		816		811,920
WildHorse Resource Development Corp., 6.88%, 2/01/25 (e)		1,088		1,055,360
Williams Cos., Inc.:
4.55%, 6/24/24		1,004		1,031,610
5.75%, 6/24/44		4,897		5,108,159
WPX Energy, Inc.:
7.50%, 8/01/20		385		406,175
6.00%, 1/15/22		1,950		1,969,500
8.25%, 8/01/23		1,115		1,220,925

				206,533,861
Paper & Forest Products — 0.3%
Mercer International, Inc., 6.50%, 2/01/24 (e)		1,446		1,503,840
Norbord, Inc., 6.25%, 4/15/23 (e)		1,605		1,709,325
Pfleiderer GmbH, 7.88%, 8/01/19	EUR	430		498,710
Stora Enso OYJ, 2.50%, 6/07/27		200		224,297

				3,936,172
Personal Products — 0.0%
Avon International Operations, Inc., 7.88%, 8/15/22 (e)	USD	569		591,760
Pharmaceuticals — 3.1%
Endo Finance LLC/Endo Finco, Inc. (e):
7.25%, 1/15/22		1,176		1,173,060
6.00%, 7/15/23		721		664,221
5.88%, 10/15/24		1,079		1,115,416
6.00%, 2/01/25		1,442		1,292,032
Ephios Bondco PLC, 6.25%, 7/01/22	EUR	675		823,661
Ephios Holdco II PLC, 8.25%, 7/01/23		159		199,990
Grifols SA, 3.20%, 5/01/25		200		227,287
inVentiv Group Holdings, Inc./inVentiv Health, Inc./inVentiv Health Clinical, Inc., 7.50%, 10/01/24 (e)	USD	2,183		2,376,741
Jaguar Holding Co. II/Pharmaceutical Product Development LLC, 6.38%, 8/01/23 (e)		6,851		7,244,933
NBTY, Inc., 7.63%, 5/15/21 (e)		2,704		2,825,680
Synlab Bondco PLC, 6.25%, 7/01/22	EUR	210		256,250


Corporate Bonds	Par (000)		Value
Pharmaceuticals (continued)
Tennessee Merger Sub, Inc., 6.38%, 2/01/25 (e)	USD	6,250	$	6,070,313
Valeant Pharmaceuticals International, Inc.:
6.75%, 8/15/18 (e)		237		238,926
7.00%, 10/01/20 (e)		4,843		4,625,065
6.38%, 10/15/20 (e)		2,696		2,534,240
7.50%, 7/15/21 (e)		1,660		1,538,621
6.75%, 8/15/21 (e)		3,813		3,412,635
5.63%, 12/01/21 (e)		620		531,650
6.50%, 3/15/22 (e)		2,043		2,144,741
5.50%, 3/01/23 (e)		77		62,194
4.50%, 5/15/23	EUR	226		196,163
5.88%, 5/15/23 (e)	USD	2,587		2,106,788
7.00%, 3/15/24 (e)		3,210		3,394,607
6.13%, 4/15/25 (e)		2,957		2,380,385

				47,435,599
Real Estate Investment Trusts (REITs) — 1.0%
Hilton Domestic Operating Co., Inc., 4.25%, 9/01/24 (e)		1,269		1,281,690
iStar, Inc.:
4.00%, 11/01/17		685		687,055
6.00%, 4/01/22		637		648,148
MGM Growth Properties Operating Partnership LP/MGP Finance Co-Issuer, Inc.:
5.63%, 5/01/24		7,691		8,296,666
4.50%, 9/01/26		2,305		2,305,000
MPT Operating Partnership LP/MPT Finance Corp., 3.33%, 3/24/25	EUR	243		280,622
NH Hotel Group SA, 3.75%, 10/01/23		372		438,780
Starwood Property Trust, Inc., 5.00%, 12/15/21 (e)	USD	1,695		1,767,038
TVL Finance PLC, 5.20%, 5/15/23 (d)	GBP	203		264,171

				15,969,170
Real Estate Management & Development — 0.9%
ADLER Real Estate AG, 4.75%, 4/08/20	EUR	134		159,681
Annington Finance No 5 PLC, 13.00%, 1/15/23 (g)	GBP	360		538,064
Aroundtown Property Holdings PLC, 1.50%, 1/18/21 (i)	EUR	100		123,692
Howard Hughes Corp., 5.38%, 3/15/25 (e)	USD	1,006		1,037,438
Punch Taverns Finance B Ltd., Series A6, 5.94%, 9/30/22	GBP	130		177,228
Punch Taverns Finance PLC, Series M3, 5.84%, 10/15/27 (d)		622		797,412



BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017	17


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


Corporate Bonds	Par (000)		Value
Real Estate Management & Development (continued)
Realogy Group LLC/Realogy Co-Issuer Corp. (e):
4.50%, 4/15/19	USD	806	$	836,225
5.25%, 12/01/21		2,166		2,274,300
4.88%, 6/01/23		6,115		6,160,862
Rialto Holdings LLC/Rialto Corp., 7.00%, 12/01/18 (e)		1,065		1,083,637

				13,188,539
Road & Rail — 1.1%
Avis Budget Car Rental LLC/Avis Budget Finance, Inc. (e):
5.13%, 6/01/22		1,355		1,316,044
6.38%, 4/01/24		355		349,675
5.25%, 3/15/25		1,185		1,095,384
Avis Budget Finance PLC:
4.13%, 11/15/24	EUR	350		379,411
4.50%, 5/15/25		430		466,134
Florida East Coast Holdings Corp., 6.75%, 5/01/19 (e)	USD	2,037		2,098,110
Herc Rentals, Inc. (e):
7.50%, 6/01/22		1,528		1,623,500
7.75%, 6/01/24		1,465		1,563,888
Hertz Corp.:
7.38%, 1/15/21		1,781		1,679,706
7.63%, 6/01/22 (e)		2,491		2,491,000
Hertz Holdings Netherlands BV:
4.38%, 1/15/19	EUR	100		113,177
4.13%, 10/15/21		525		557,174
Loxam SAS:
3.50%, 4/15/22		168		198,159
3.50%, 5/03/23		150		176,029
4.25%, 4/15/24		100		120,198
6.00%, 4/15/25		108		131,028
United Rentals North America, Inc., 6.13%, 6/15/23	USD	1,283		1,354,219
Watco Cos. LLC/Watco Finance Corp., 6.38%, 4/01/23 (e)		1,093		1,133,988

				16,846,824
Semiconductors & Semiconductor Equipment — 1.2%
Advanced Micro Devices, Inc.:
7.50%, 8/15/22		422		465,783
7.00%, 7/01/24		409		429,450
Micron Technology, Inc.:
5.25%, 8/01/23 (e)		1,989		2,043,697
5.50%, 2/01/25		58		60,502
Series G, 3.00%, 11/15/43 (i)		1,428		1,635,952
Microsemi Corp., 9.13%, 4/15/23 (e)		134		154,435
NXP BV/NXP Funding LLC (e):
4.13%, 6/15/20		2,409		2,535,472
4.13%, 6/01/21		1,448		1,527,640
4.63%, 6/15/22		1,319		1,424,520


Corporate Bonds	Par (000)		Value
Semiconductors & Semiconductor Equipment (continued)
NXP BV/NXP Funding LLC (e) (continued):
3.88%, 9/01/22	USD	1,422	$	1,484,213
5.75%, 3/15/23		1,070		1,131,867
4.63%, 6/01/23		1,145		1,236,600
Sensata Technologies BV (e):
5.63%, 11/01/24		903		971,854
5.00%, 10/01/25		3,923		4,072,545

				19,174,530
Software — 4.4%
BMC Software Finance, Inc., 8.13%, 7/15/21 (e)		10,787		11,016,763
Ensemble S Merger Sub, Inc., 9.00%, 9/30/23 (e)		1,553		1,619,002
Genesys Telecommunications Laboratories Inc/Greeneden Lux 3 Sarl/Greeneden US Ho, 10.00%, 11/30/24 (e)		1,055		1,181,600
Inception Merger Sub, Inc./Rackspace Hosting, Inc., 8.63%, 11/15/24 (e)		3,771		4,019,660
Infinity Acquisition LLC/Infinity Acquisition Finance Corp., 7.25%, 8/01/22 (e)		1,444		1,386,240
Infor Software Parent LLC/Infor Software Parent, Inc., (7.13% Cash or 7.88% PIK), 7.13%, 5/01/21 (e)(g)		3,521		3,635,432
Infor US, Inc., 6.50%, 5/15/22		7,829		8,151,946
Informatica LLC, 7.13%, 7/15/23 (e)		1,157		1,165,678
JDA Escrow LLC/JDA Bond Finance, Inc., 7.38%, 10/15/24 (e)		2,666		2,765,975
Nuance Communications, Inc. (e):
5.38%, 8/15/20		356		362,675
6.00%, 7/01/24		1,600		1,700,000
5.63%, 12/15/26		903		950,408
PTC, Inc., 6.00%, 5/15/24		722		769,378
Solera LLC/Solera Finance, Inc., 10.50%, 3/01/24 (e)		8,022		9,185,190
SS&C Technologies Holdings, Inc., 5.88%, 7/15/23		4,047		4,324,725
TIBCO Software, Inc., 11.38%, 12/01/21 (e)		7,216		7,973,680
Veritas US, Inc./Veritas Bermuda Ltd.:
7.50%, 2/01/23 (e)		2,376		2,542,320
7.50%, 2/01/23	EUR	300		360,595
10.50%, 2/01/24 (e)	USD	3,992		4,321,340

				67,432,607



18	BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017


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


Corporate Bonds	Par (000)		Value
Specialty Retail — 0.8%
Asbury Automotive Group, Inc., 6.00%, 12/15/24	USD	1,996	$	2,042,157
JC Penney Corp., Inc.:
8.13%, 10/01/19		218		241,708
6.38%, 10/15/36		554		404,420
7.40%, 4/01/37		304		234,080
L Brands, Inc.:
8.50%, 6/15/19		3,925		4,376,375
6.88%, 11/01/35		2,338		2,273,705
Penske Automotive Group, Inc.:
5.75%, 10/01/22		729		754,515
5.50%, 5/15/26		346		345,135
PetSmart, Inc. (e):
5.88%, 6/01/25		897		900,364
8.88%, 6/01/25		281		276,785
THOM Europe SAS, 7.38%, 7/15/19	EUR	100		115,451

				11,964,695
Technology Hardware, Storage & Peripherals — 0.9%
Diamond 1 Finance Corp./Diamond 2 Finance Corp. (e):
7.13%, 6/15/24	USD	4,522		5,039,561
6.02%, 6/15/26		1,390		1,534,328
Riverbed Technology, Inc., 8.88%, 3/01/23 (e)		2,192		2,197,480
Western Digital Corp.:
7.38%, 4/01/23 (e)		1,534		1,678,963
10.50%, 4/01/24		3,053		3,578,116

				14,028,448
Textiles, Apparel & Luxury Goods — 0.1%
BiSoho SAS, 5.88%, 5/01/23	EUR	360		440,827
Levi Strauss & Co., 3.38%, 3/15/27		225		257,960
Springs Industries, Inc., 6.25%, 6/01/21	USD	274		282,905

				981,692
Thrifts & Mortgage Finance — 0.3%
Amigo Luxembourg SA, 7.63%, 1/15/24	GBP	275		374,167
Jerrold Finco PLC:
6.25%, 9/15/21		225		305,904
6.13%, 1/15/24		225		297,163
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp., 5.25%, 3/15/22 (e)	USD	2,298		2,358,323
MGIC Investment Corp., 5.75%, 8/15/23		1,117		1,200,775

				4,536,332


Corporate Bonds	Par (000)		Value
Trading Companies & Distributors — 0.0%
Ashtead Capital, Inc., 5.63%, 10/01/24 (e)	USD	278	$	297,460
Transportation Infrastructure — 0.1%
CMA CGM SA, 7.75%, 1/15/21	EUR	200		234,668
Heathrow Finance PLC, 3.88%, 3/01/27 (f)	GBP	178		231,383
Onorato Armatori SpA, 7.75%, 2/15/23	EUR	145		168,342
WFS Global Holding SAS, 9.50%, 7/15/22		465		572,882

				1,207,275
Utilities — 0.0%
ContourGlobal Power Holdings SA, 5.13%, 6/15/21		300		355,860
Drax Finco PLC, 4.25%, 5/01/22	GBP	137		180,516

				536,376
Wireless Telecommunication Services — 5.4%
Communications Sales & Leasing, Inc./CSL Capital LLC:
6.00%, 4/15/23 (e)	USD	837		876,758
8.25%, 10/15/23		4,783		5,034,107
7.13%, 12/15/24 (e)		2,269		2,274,673
CyrusOne LP/CyrusOne Finance Corp. (e):
5.00%, 3/15/24		2,105		2,152,363
5.38%, 3/15/27		130		133,900
Digicel Group Ltd., 7.13%, 4/01/22 (e)		2,085		1,826,981
Digicel Ltd., 6.00%, 4/15/21 (e)		5,015		4,850,658
GEO Group, Inc.:
5.88%, 1/15/22		350		364,000
5.13%, 4/01/23		300		301,500
5.88%, 10/15/24		2,030		2,090,900
6.00%, 4/15/26		1,860		1,925,100
Matterhorn Telecom SA:
3.88%, 5/01/22	EUR	635		735,618
3.25%, 2/01/23 (d)		439		495,000
Radiate Holdco LLC/Radiate Finance, Inc., 6.63%, 2/15/25 (e)	USD	1,994		2,038,865
Sprint Capital Corp.:
6.90%, 5/01/19		640		690,400
6.88%, 11/15/28		8,312		9,215,930
8.75%, 3/15/32		408		514,335
Sprint Communications, Inc. (e):
9.00%, 11/15/18		6,496		7,129,360
7.00%, 3/01/20		1,270		1,409,700
Sprint Corp.:
7.25%, 9/15/21		922		1,046,756
7.88%, 9/15/23		4,787		5,528,985
7.13%, 6/15/24		17,610		19,809,049



BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017	19


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


Corporate Bonds	Par (000)		Value
Wireless Telecommunication Services (continued)
T-Mobile USA, Inc.:
6.13%, 1/15/22	USD	367	$	386,726
4.00%, 4/15/22		1,337		1,385,560
6.00%, 3/01/23		1,599		1,700,856
6.50%, 1/15/24		2,638		2,856,294
6.38%, 3/01/25		994		1,077,248
5.13%, 4/15/25		1,363		1,421,077
5.38%, 4/15/27		818		871,170
Trilogy International Partners LLC/Trilogy International Finance, Inc., 8.88%, 5/01/22 (e)		711		744,773
Uniti Group, Inc./Uniti Fiber Holdings, Inc./CSL Capital LLC, 7.13%, 12/15/24 (e)		1,032		1,039,740
Wind Acquisition Finance SA, 4.00%, 7/15/20	EUR	824		938,830
Xplornet Communications, Inc., (9.63% Cash or 10.63% PIK), 9.63%, 6/01/22 (e)(g)	USD	589		612,560

				83,479,772
Total Corporate Bonds - 113.1%				1,748,876,852



Floating Rate Loan Interests (d)
Air Freight & Logistics — 0.2%
CEVA Group PLC, Synthetic LOC, 6.50%, 3/19/21		916		805,929
CEVA Intercompany BV, Dutch Term Loan, 4.54%, 3/19/21		941		847,953
CEVA Logistics Canada ULC, Canadian Term Loan, 11.38%, 3/19/21		143		128,763
CEVA Logistics US Holdings, Inc., Term Loan, 4.04%, 3/19/21		1,340		1,207,364

				2,990,009
Airlines — 0.1%
Northwest Airlines, Inc., Term Loan (b):
6.50%, 9/10/18		806		792,939
7.25%, 9/10/18		812		798,597
7.79%, 9/10/18		818		804,749

				2,396,285
Commercial Services & Supplies — 0.3%
Brand Energy & Infrastructure Services, Inc., Term Loan B, 6.65%, 11/26/20		3,721		3,727,262


Floating Rate Loan Interests (d)	Par (000)		Value
Commercial Services & Supplies (continued)
Garda World Security Corp., 2017 Term Loan, 8.69%, 4/05/24	USD	1,262	$	1,264,195

				4,991,457
Diversified Consumer Services — 0.3%
Gol LuxCo S.A., 1st Lien Term Loan, 9.65%, 8/31/20		3,885		3,982,125
Laureate Education, Inc., 2017 Term Loan B, 4.15%, 4/26/24		765		766,369

				4,748,494
Diversified Telecommunication Services — 0.8%
CenturyLink, Inc., 2017 Term Loan B, 5.17%, 1/31/25		11,925		11,901,627
Electric Utilities — 0.1%
Energy Future Intermediate Holding Co. LLC, 2016 DIP Term Loan, 3.50%, 6/30/17		1,443		1,449,017
Energy Equipment & Services — 0.1%
Weatherford International Ltd., Term Loan, 2.65%, 7/13/20 (b)		1,934		1,904,978
Food & Staples Retailing — 0.1%
BJ’s Wholesale Club, Inc., 2017 1st Lien Term Loan, 4.65%, 2/03/24		1,369		1,366,153
Food Products — 0.0%
Chobani LLC, 1st Lien Term Loan, 6.00%, 10/07/23		400		405,252
Health Care Equipment & Supplies — 0.4%
DJO Finance LLC, 2015 Term Loan, 3.79%, 6/08/20		2,008		1,984,624
Immucor, Inc., Refinancing Term Loan B2, 5.00%, 8/17/18		3,859		3,842,003
Ortho-Clinical Diagnostics, Inc., Term Loan B, 5.26%, 6/30/21		239		240,127

				6,066,754
Health Care Providers & Services — 0.3%
Air Medical Group Holdings, Inc., Term Loan B, 3.25%, 4/28/22		1,641		1,618,214
Iasis Healthcare LLC, Term Loan B3, 3.80%, 2/16/21		446		449,903
Team Health Holdings, Inc., 1st Lien Term Loan, 8.49%, 2/06/24		1,569		1,559,680
Vizient, Inc., 2017 Term Loan B, 2.65%, 2/13/23		668		676,099

				4,303,896



20	BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017


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


Floating Rate Loan Interests (d)	Par (000)		Value
Hotels, Restaurants & Leisure — 1.5%
Amaya Holdings BV, 2nd Lien Term Loan, 4.29%, 8/01/22	USD	248	$	248,143
Bronco Midstream Funding LLC, Term Loan B, 4.49%, 8/15/20		5,041		5,091,845
Caesars Entertainment Operating Co., Term Loan B7, 3.65%, 3/01/22		3,447		4,281,850
Caesars Entertainment Resort Properties LLC, Term Loan B, 4.75%, 10/11/20		13,184		13,253,296

				22,875,134
Industrial Conglomerates — 0.3%
Cortes NP Acquisition Corp., 2017 Term Loan B, 6.67%, 11/30/23		2,577		2,599,800
Sequa Corp.:
1st Lien Term Loan, 4.40%, 11/26/21		1,169		1,175,581
2nd Lien Term Loan, 4.25%, 4/13/22 (b)		385		392,700

				4,168,081
Insurance — 0.2%
Alliant Holdings I, Inc., 2015 Term Loan B, 4.29%, 8/12/22		713		713,557
AssuredPartners, Inc., 2017 Term Loan, 4.15%, 10/21/22		1,217		1,217,172
USI, Inc., 2017 Term Loan B, 4.90%, 5/16/24		592		590,964

				2,521,693
IT Services — 0.1%
NeuStar, Inc., Term Loan B2, 3.25%, 2/28/24		838		845,923
Life Sciences Tools & Services — 0.1%
Patheon Holdings I BV, 2017 Term Loan, 3.89%, 4/20/24		1,468		1,473,697
Machinery — 0.3%
Silver II US Holdings LLC, Term Loan, 5.54%, 12/13/19		4,811		4,787,761
Media — 1.0%
CSC Holdings LLC, 2017 1st Lien Term Loan, 6.67%, 7/15/25		386		385,415
iHeartCommunications, Inc., Term Loan D, 3.75%, 1/30/19		6,888		5,659,983
Intelsat Jackson Holdings SA, Term Loan B2, 4.29%, 6/30/19		8,606		8,493,854
Ziggo Secured Finance Partnership, Term Loan E, 3.75%, 4/15/25		1,507		1,506,367

				16,045,619


Floating Rate Loan Interests (d)	Par (000)		Value
Multiline Retail — 0.1%
Neiman Marcus Group, Inc., 2020 Term Loan, 3.25%, 10/25/20	USD	1,430	$	1,110,259
Oil, Gas & Consumable Fuels — 1.6%
California Resources Corp.:
Second Out Term Loan, 5.00%, 12/31/21		2,924		3,233,252
Term Loan A, 4.93%, 10/01/19		3,394		3,278,143
Chesapeake Energy Corp., Term Loan, 7.79%, 8/23/21		13,950		15,031,473
CITGO Holding, Inc., 2015 Term Loan B, 6.50%, 5/12/18		2,496		2,525,539
EagleClaw Midstream Services LLC, Bridge Term Loan, 3.79%, 7/12/24 (b)		2,923		—

				24,068,407
Pharmaceuticals — 0.2%
Jaguar Holding Co. II, 2015 Term Loan B, 3.79%, 8/18/22		3,543		3,546,640
Professional Services — 0.1%
Advantage Sales & Marketing, Inc., 2014 1st Lien Term Loan, 3.40%, 7/23/21		1,657		1,638,555
Information Resources, Inc., 1st Lien Term Loan, 3.49%, 1/18/24		508		512,602

				2,151,157
Software — 1.5%
BMC Software Finance, Inc., 2017 Term Loan, 8.15%, 9/13/22		3,735		3,751,697
CCC Information Services, Inc.:
2017 1st Lien Term Loan, 4.91%, 4/27/24		768		765,648
2017 2nd Lien Term Loan, 4.90%, 4/27/25		212		216,571
Infor US, Inc., Term Loan B6, 3.25%, 2/01/22		1,970		1,965,471
Kronos, Inc., 2nd Lien Term Loan, 4.15%, 11/01/24		3,635		3,775,337
MA FinanceCo. LLC, Term Loan B3, 5.31%, 4/29/24		122		121,445
Misys Europe SA:
1st Lien Term Loan, 4.40%, 4/27/24		2,272		2,276,362
2nd Lien Term Loan, 4.15%, 4/27/25		496		505,548
Project Alpha Intermediate Holding, Inc., 2017 Term Loan B, 4.80%, 4/26/24		1,081		1,076,049
Seattle Spinco, Inc., Term Loan B3, 4.15%, 4/19/24		821		820,145



BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017	21


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


Floating Rate Loan Interests (d)	Par (000)		Value
Software (continued)
Veritas US, Inc., Term Loan B1, 2.65%, 1/27/23	USD	7,612	$	7,616,620

				22,890,893
Textiles, Apparel & Luxury Goods — 0.3%
Ascend Performance Materials Operations LLC, Term Loan B, 4.42%, 8/12/22		5,308		5,347,925
Wireless Telecommunication Services — 1.6%
Ligado Networks LLC, 2015 2nd Lien Term Loan, 4.15%, 12/07/20		38,295		25,593,539
Total Floating Rate Loan Interests - 11.6%				179,950,650



Investment Companies	Shares
Capital Markets — 0.8%
iShares iBoxx USD High Yield Corporate Bond ETF (l)		150,667		13,356,629
Energy Equipment & Services — 0.1%
SPDR S&P Oil & Gas Exploration & Production ETF		25,675		836,235
Total Investment Companies - 0.9%				14,192,864



Non-Agency Mortgage-Backed Securities — 0.1%	Par (000)
Commercial Mortgage-Backed Securities — 0.1%
GAHR Commercial Mortgage Trust NRF, Series 2015-NRF, Class FFX, 3.38%, 12/15/34 (d)(e)	USD	1,925		1,907,286



Other Interests — 0.0%	Beneficial Interest (000)
Auto Components — 0.0%
Lear Corp. Escrow (b)		1,250		12



Preferred Securities

Capital Trusts	Par (000)
Banks — 1.6%
Allied Irish Banks PLC, 7.38% (d)(k)		410		496,802
Banco Bilbao Vizcaya Argentaria SA (d)(k):
5.88%		400		444,285
7.00%		400		456,624
8.88%		200		253,034


Capital Trusts	Par (000)		Value
Banks (continued)
Banco Popular Espanol SA, 8.25% (d)(k)	USD	800	$	502,362
Banco Santander SA, 6.25% (d)(k)		500		562,377
BNP Paribas SA, 7.20%		100		113,625
CIT Group, Inc., 5.80% (d)(k)		3,292		3,353,725
Citigroup, Inc. (d)(k):
Series A, 5.95%		1,405		1,474,337
Series M, 5.95%		1,452		1,530,045
Series O, 5.88%		2,405		2,507,212
Series Q, 5.95%		1,165		1,228,347
Series R, 6.13%		615		658,819
Cooperatieve Rabobank UA (d)(k):
5.50%		200		238,195
6.63%		200		250,819
Danske Bank A/S, 5.75% (d)(k)		200		237,925
DNB Bank ASA, 6.50% (d)(k)		200		215,668
Erste Group Bank AG, 6.50% (d)(k)		400		483,265
Intesa Sanpaolo SpA (d)(k):
7.00%		375		438,106
7.70% (e)		200		202,500
National Westminster Bank PLC, Series C, 1.47% (d)(k)		200		164,563
RZB Finance Jersey IV Ltd., 1.62% (d)(k)		300		319,117
Santander UK Group Holdings PLC, 6.75% (d)(k)		275		372,600
Swedbank Hypotek AB, 6.00% (d)(k)		200		210,000
U.S. Bancorp, Series J, 5.30% (d)(k)		3,084		3,232,340
Wells Fargo & Co. (d)(k):
Series S, 5.90%		3,460		3,671,925
Series U, 5.88%		1,375		1,509,062

				25,127,679
Capital Markets — 0.7%
Goldman Sachs Group, Inc., Series L, 5.70% (d)(k)		5,218		5,387,585
Morgan Stanley (d)(k):
Series H, 5.45%		3,309		3,395,861
Series J, 5.55%		440		460,350
UBS Group AG (d)(k):
5.75%		800		996,618
7.00%		425		474,406

				10,714,820
Chemicals — 0.1%
Lanxess AG, 4.50% (d)		225		273,970
Solvay Finance SA, 5.12% (d)(k)		730		908,246

				1,182,216
Diversified Financial Services — 2.0%
Banco Santander SA, 6.75% (d)(k)		300		353,434



22	BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017


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


Capital Trusts	Par (000)		Value
Diversified Financial Services (continued)
Bank of America Corp. (d)(k):
Series AA, 6.10%	USD	3,011	$	3,233,061
Series V, 5.13%		2,205		2,232,563
Series X, 6.25%		2,874		3,086,676
Series Z, 6.50%		1,816		2,008,950
Barclays PLC, 7.25% (d)(k)		680		936,215
Credit Agricole SA, 6.50% (d)(k)		400		488,695
HBOS Capital Funding LP, 6.85% (k)		400		408,219
HSBC Holdings PLC, 6.00% (d)(k)		1,819		1,856,517
JPMorgan Chase & Co. (d)(k):
6.75%		5,324		6,030,021
Series Q, 5.15%		850		864,110
Series U, 6.13%		4,228		4,555,670
Series V, 5.00%		3,075		3,128,812
Royal Bank of Scotland Group PLC, 8.63% (d)(k)		982		1,075,290
Societe Generale SA, 8.88% (d)(k)		200		274,429
UniCredit SpA (d)(k):
6.75%		200		224,156
9.25%		425		539,489

				31,296,307
Diversified Telecommunication Services — 0.3%
Koninklijke KPN NV (d):
6.13% (k)		566		677,080
6.88%, 3/14/73		230		329,100
Orange SA (d)(k):
4.00%		600		725,148
5.75%		100		141,768
Telefonica Europe BV (d)(k):
3.75%		200		231,859
4.20%		1,500		1,780,177
6.50%		600		720,988
6.75%		200		283,480
7.63%		300		401,090

				5,290,690
Electric Utilities — 0.1%
Enel SpA (d):
6.50%, 1/10/74		489		593,922
7.75%, 9/10/75		105		153,220
Origin Energy Finance Ltd., 4.00% (d)(k)		410		471,288

				1,218,430
Insurance — 0.0%
Ethias SA, 5.00% (d)(k)		200		233,656
Groupama SA, 6.38% (d)(k)		200		248,957

				482,613


Capital Trusts	Par (000)		Value
Oil, Gas & Consumable Fuels — 0.2%
Gas Natural Fenosa Finance BV, 3.38% (d)(k)	USD	1,000	$	1,120,541
Repsol International Finance BV (d):
3.88% (k)		300		349,710
4.50%, 3/25/75		489		562,870
TOTAL SA, 3.88% (d)(k)		425		513,946

				2,547,067
Total Capital Trusts - 5.0%				77,859,822



Preferred Stocks	Shares
Auto Components — 0.1%
UCI International, Inc. (b)		164,729		1,805,430
Capital Markets — 0.3%
Morgan Stanley, Series K, 5.85% (d)(k)		171,786		4,579,815
Diversified Financial Services — 0.0%
Concrete Investments II (b)		4,997		127,704
Hotels, Restaurants & Leisure — 1.1%
Amaya, Inc. (b)(n)		17,786		17,270,531
Transportation Infrastructure — 0.0%
Turbo Cayman Ltd.		1		—
Wireless Telecommunication Services — 0.1%
CF-B L2 (D) LLC, (Aquired 4/08/15, cost $629,122) (o)		633,461		594,820
Total Preferred Stocks - 1.6%				24,378,300



Trust Preferred — 0.4%	Par (000)
Diversified Financial Services — 0.4%
GMAC Capital Trust I, Series 2, 6.82%, 2/15/40 (d)		USD 256,246		6,519,969
Total Preferred Securities - 7.0%				108,758,091



Warrants	Shares
Metals & Mining — 0.0%
Peninsula Energy Ltd. :
(1 Share for 1 Warrant, Expires 12/31/17, Strike Price AUD 0.08)		288,820		2
(1 Share for 1 Warrant, Expires 12/31/18, Strike Price AUD 0.05 )		515,378		19,148

				19,150



BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017	23


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) (b)		6,494	$	2,662
Transportation Infrastructure — 0.0%
Jack Cooper Enterprises, Inc. Class B (Issued/exercisable 4/26/17, 1 Share for 1 Warrant, Expires 4/26/27, Strike Price $0.01) (b)		10,633		68,264
Total Warrants - 0.0%				90,076
Total Long-Term Investments (Cost — $2,138,131,976) — 138.0%				2,135,234,734


	Value
Options Purchased (Cost — $447,534) — 0.0%	$	25,353
Total Investments (Cost — $2,138,579,510*) — 138.0%		2,135,260,087
Liabilities in Excess of Other Assets — (38.0)%		(588,279,214	)

Net Assets Applicable to Common Shares — 100.0%	$	1,546,980,873

As of May 31, 2017, gross unrealized appreciation and depreciation based on cost for U.S. federal income tax purposes were as follows:


Tax cost	$	2,141,816,162

Gross unrealized appreciation	$	81,623,487
Gross unrealized depreciation		(88,179,562	)

Net unrealized depreciation	$	(6,556,075	)



24	BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017


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

Notes to Schedule of Investments

(a)

Non-income producing security.

(b)

Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

(c)

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

(d)

Variable rate security. Rate as of period end.

(e)

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

(f)

When-issued security.

(g)

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)

Issuer filed for bankruptcy and/or is in default.

(i)

Convertible security.

(j)

Step-up bond that pays an initial coupon rate for the first period and then a higher coupon rate for the following periods. Rate as of period end.

(k)

Perpetual security with no stated maturity date.

(l)

During the period ended May 31, 2017, investments in issuers considered to be affiliates 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, 2016		Shares Purchased		Shares Sold			Shares Held at May 31, 2017		Value at May 31, 2017		Income		Net Realized Gain¹		Change in Unrealized Appreciation (Depreciation)
BlackRock Liquidity Funds, T-Fund, Institutional Class		—		—		—			—		—	$	7,319	$	5		—
iShares iBoxx USD High Yield Corporate Bond ETF		152,000		465,809		(467,142	)		150,667	$	13,356,629		172,128		31,448	$	(88,207	)
Total										$	13,356,629	$	179,447	$	31,453	$	(88,207	)

Includes net capital gain distributions.

(m)

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

(n)

Zero-coupon bond.

(o)

Restricted security as to resale, excluding 144A securities. As of period end, the Trust held restricted securities with a current value of $594,820 and an original cost of $629,122, which was 0.01% of its net assets.

For Trust compliance purposes, the Trust’s industry classifications refer to one or more of the industry sub-classifications used by one or more widely recognized market indexes or rating group indexes, and/or as defined by the investment adviser. These definitions may not apply for purposes of this report, which may combine such industry sub-classifications for reporting ease.


Portfolio Abbreviations
AUD		Australian Dollar
CAD		Canadian Dollar
CLO		Collateralized Loan Obligation
DIP		Debtor-In-Possession
ETF		Exchange-Traded Fund
EUR		Euro
GBP		British Pound
LOC		Letter of Credit
PIK		Payment-In-Kind
S&P		S&P Global Ratings
SPDR		Standard & Poor’s Depository Receipts
USD		U.S. Dollar



BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017	25


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


Derivative Financial Instruments Outstanding as of Period End

Futures Contracts


Contracts Short			Issue		Expiration		Notional Value		Unrealized Appreciation (Depreciation)
	(95	)		10-Year U.S. Treasury Note		September 2017	$	11,998,203	$	(28,455	)
	(9	)		Euro BOBL		June 2017	$	1,336,460		4,743
	(15	)		Euro Bund Future		June 2017	$	2,735,131		7,851
	(61	)		Russell 2000 Mini Index		June 2017	$	4,175,755		(6,506	)
	(93	)		S&P 500 E-Mini Index		June 2017	$	11,211,615		(169,983	)
	(4	)		UK Long Gilt Bond		September 2017	$	659,378		(828	)
	Total								$	(193,178	)

Forward Foreign Currency Exchange Contracts


Currency Purchased		Currency Sold			Counterparty	Settlement Date		Unrealized Appreciation (Depreciation)
CAD	391,000		USD	286,258	Barclays Bank PLC		6/06/17		3,209
EUR	1,500,000		USD	1,667,208	Barclays Bank PLC		6/06/17		18,125
EUR	200,000		USD	218,847	Goldman Sachs International		6/06/17		5,864
EUR	1,400,000		USD	1,524,491	Goldman Sachs International		6/06/17		48,486
USD	1,198,571		AUD	1,605,000	JPMorgan Chase Bank N.A.		6/06/17		6,067
USD	141,654		EUR	126,000	Barclays Bank PLC		6/06/17		86
USD	429,667		GBP	332,000	Barclays Bank PLC		6/06/17		1,858
USD	125,482		GBP	97,000	Goldman Sachs International		6/06/17		489
USD	613,937		GBP	476,000	Goldman Sachs International		6/06/17		572
USD	13,715,723		GBP	10,590,000	JPMorgan Chase Bank N.A.		6/06/17		69,640
USD	165,592		GBP	128,000	Northern Trust Co.		6/06/17		654
USD	1,196,009		AUD	1,605,000	JPMorgan Chase Bank N.A.		7/06/17		4,057
USD	17,277,434		CAD	23,241,000	Royal Bank of Scotland PLC		7/06/17		62,082

								$	221,189

GBP	210,000		USD	271,913	Commonwealth Bank of Australia		6/06/17		(1,310	)
GBP	135,000		USD	175,537	Goldman Sachs International		6/06/17		(1,579	)
USD	15,313,357		CAD	20,928,000	Goldman Sachs International		6/06/17		(180,175	)
USD	1,076,343		CAD	1,475,000	JPMorgan Chase Bank N.A.		6/06/17		(15,637	)
USD	286,623		CAD	391,000	Morgan Stanley & Co. International PLC		6/06/17		(2,845	)
USD	932,652		CAD	1,270,000	Northern Trust Corp.		6/06/17		(7,562	)
USD	1,331,124		EUR	1,225,000	Barclays Bank PLC		6/06/17		(45,231	)
USD	3,398,971		EUR	3,109,000	Barclays Bank PLC		6/06/17		(94,162	)
USD	6,708		EUR	6,000	Citibank N.A.		6/06/17		(33	)
USD	218,659		EUR	200,000	Citibank N.A.		6/06/17		(6,052	)
USD	88,134,755		EUR	80,658,000	Deutsche Bank AG		6/06/17		(2,488,950	)
USD	241,827		EUR	221,000	Goldman Sachs International		6/06/17		(6,479	)
USD	1,330,379		EUR	1,223,000	Goldman Sachs International		6/06/17		(43,728	)
USD	100,492		EUR	92,000	Northern Trust Corp.		6/06/17		(2,875	)
USD	93,750,582		EUR	83,322,000	Deutsche Bank AG		7/06/17		(20,259	)
USD	14,506,666		GBP	11,278,000	Deutsche Bank AG		7/06/17		(40,336	)

								$	(2,957,213	)

Net Unrealized Depreciation								$	(2,736,024	)



26	BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017


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

OTC Barrier Options Purchased

Description

Put/
Call

Type of
Option

Counterparty

Expiration
Date

Strike

Price

Barrier Price/
Range

Contracts

Value

S&P 500 Index

Put

Down-and-Out

Deutsche Bank AG

6/16/17

USD

2,350.00

USD

2,150.00

2,425

15,960

S&P 500 Index

Put

Down-and-Out

Deutsche Bank AG

6/16/17

USD

2,310.00

USD

2,110.00

2,425

9,308

Total

25,268

OTC Interest Rate Swaptions Purchased

Description

Counterparty

Put/
Call

Exercise
Rate

Pay/Receive
Exercise Rate

Floating Rate
Index

Expiration
Date

Notional

Amount

(000)

Value

10-Year Interest Rate Swap

Citibank N.A.

Put

2.75

Pay

3-Month LIBOR

6/26/17

USD

25,310

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—Buy Protection


Issuer / Index	Pay Fixed Rate			Expiration Date		Notional Amount (000)			Unrealized Depreciation
Markit iTraxx XO, Series 27, Version 1		5.00	%		6/20/22		EUR	880	$	(26,629	)

Centrally Cleared Credit Default Swaps—Sell Protection


Issuer / Index	Receive Fixed Rate			Expiration Date		Credit Rating¹		Notional Amount (000)²			Unrealized Appreciation
Chesapeake Energy Corp.		5.00	%		12/20/21		CCC		USD	425	$	4,972
Dow Jones CDX North America High Yield Index, Series 28, Version 1		5.00	%		6/20/22		B+		USD	65,362		429,890
Total											$	434,862

OTC Credit Default Swaps—Sell Protection

Issuer/Index

Receive
Fixed
Rate

Counterparty

Expiration
Date

Credit
Rating¹

Notional
Amount
(000)²

Value

Premiums
Paid
(Received)

Unrealized
Appreciation
(Depreciation)

CCO Holdings LLC

8.00

Deutsche Bank AG

9/20/17

B+

USD

8,180

329,607

—

329,607



BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017	27


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

OTC Credit Default Swaps—Sell Protection (continued)


Issuer/Index	Receive Fixed Rate			Counterparty		Expiration Date		Credit Rating¹		Notional Amount (000)²			Value			Premiums Paid (Received)			Unrealized Appreciation (Depreciation)
Hellenic Telecommunications Organization SA		5.00	%		Goldman Sachs International		12/20/21		B+		EUR	170		27,431		$	9,315			18,116
Avis Budget Car Rental LLC/Avis Budget Finance Inc.		5.00	%		Barclays Bank PLC		6/20/22		BB-		USD	20		(205	)		446			(651	)
GFKL Financial Services AG		5.00	%		Credit Suisse International		6/20/22		B-		EUR	69		(4,178	)		(4,431	)		253
Hertz Corp.		5.00	%		Barclays Bank PLC		6/20/22		B-		USD	750		(140,645	)		(76,526	)		(64,119	)
Hertz Corp.		5.00	%		Goldman Sachs International		6/20/22		B-		USD	903		(49,433	)		(59,025	)		9,592
International Game Technology		5.00	%		Credit Suisse International		6/20/22		BB+		EUR	110		13,916			11,449			2,467
International Game Technology		5.00	%		JPMorgan Chase Bank N.A.		6/20/22		BB+		EUR	180		23,056			19,419			3,637
Total													$	199,549		$	(99,353	)	$	298,902

Using S&P’s rating of the issuer or the underlying securities of the index, as applicable.

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



28	BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017


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

OTC Total Return Swaps


Reference Entity	Fixed Rate/ Floating Rate¹		Counterparty		Effective Date		Expiration Date		Notional Amount (000)			Value		Premiums Received			Unrealized Appreciation
iShares iBoxx USD High Yield Corporate Bond ETF		3-Month LIBOR minus 1.25%		Goldman Sachs International		N/A		6/16/17		USD	155	$	46,108		—		$	46,108
iBoxx USD Liquid High Yield Index		3-Month LIBOR		Goldman Sachs International		N/A		6/20/17		USD	3,700		60,838	$	(2,960	)		63,798
iBoxx USD Liquid High Yield Index		3-Month LIBOR		Goldman Sachs International		N/A		6/20/17		USD	1,800		123,452		—			123,452
iBoxx USD Liquid High Yield Index		3-Month LIBOR		Citibank N.A.		N/A		6/20/17		USD	2,000		122,079		—			122,079
iBoxx USD Liquid High Yield Index		3-Month LIBOR		Goldman Sachs International		N/A		6/20/17		USD	8,000		281,545		—			281,545
iBoxx USD Liquid High Yield Index		3-Month LIBOR		Goldman Sachs International		N/A		6/20/17		USD	5,800		158,666		—			158,666
iShares iBoxx USD High Yield Corporate Bond ETF		1-Month LIBOR minus 1.50%		Morgan Stanley & Co. International PLC		N/A		6/22/17		USD	36		10,693		—			10,693
iBoxx USD Liquid High Yield Index		3-Month LIBOR		JPMorgan Chase Bank N.A.		N/A		9/20/17		USD	2,700		70,073		—			70,073
iBoxx USD Liquid High Yield Index		3-Month LIBOR		Citibank N.A.		N/A		9/20/17		USD	3,800		32,846		(6,322	)		39,168
iBoxx USD Liquid High Yield Index		3-Month LIBOR		Citibank N.A.		N/A		12/20/17		USD	5,000		142,387		—			142,387
Morgan Stanley Energy Long Basket Index		FED Funds Effective Rate plus 0.25%		Morgan Stanley & Co. International PLC		N/A		12/29/17		USD	9		—		—			—
Morgan Stanley Energy Long Basket Index		FED Funds Effective Rate plus 0.25%		Morgan Stanley & Co. International PLC		N/A		12/29/17		USD	1		—		—			—
Total												$	1,048,687	$	(9,282	)	$	1,057,969

The Fund pays the the floating rate and recieves the total return of the reference entity.



BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017	29


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

Fair Value Hierarchy as of Period End

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

•

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

•

Level 2 – other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other 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 Trust’s 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. Investments classified within Level 3 have significant unobservable inputs used by the BlackRock Global Valuation Methodologies Committee (the “Global Valuation Committee”) in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. Level 3 investments may also be adjusted to reflect illiquidity and/or non-transferability, with the amount of such discount estimated by the Global Valuation Committee in the absence of market information.

Changes in valuation techniques may result in transfers into or out of an assigned level within the hierarchy. In accordance with the 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 semi-annual report.

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		—	$	54,960,197	$	7,023,540	$	61,983,737
Common Stocks	$	9,578,816		6,009,248		3,887,102		19,475,166
Corporate Bonds		236,147		1,743,878,805		4,761,900		1,748,876,852
Floating Rate Loan Interests		—		175,256,687		4,693,963		179,950,650
Investment Companies		14,192,864		—		—		14,192,864
Non-Agency Mortgage-Backed Securities		—		1,907,286		—		1,907,286
Other Interests		—		—		12		12
Preferred Securities		11,099,784		77,859,822		19,203,665		108,163,271
Warrants		19,148		2		70,926		90,076
Options Purchased
Equity contracts		—		25,268		—		25,268
Interest rate contracts		—		85		—		85

Subtotal	$	35,126,759	$	2,059,897,400	$	39,641,108	$	2,134,665,267

Investments Valued at NAV¹								594,820

Total							$	2,135,260,087



30	BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017


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


	Level 1			Level 2			Level 3		Total
Derivative Financial Instruments²
Assets:
Credit contracts		—		$	798,534			—	$	798,534
Foreign currency exchange contracts		—			221,189			—		221,189
Interest rate contracts	$	12,594			1,057,969			—		1,070,563
Liabilities:
Credit contracts		—			(91,399	)		—		(91,399	)
Equity Contracts		(176,489	)		—			—		(176,489	)
Foreign currency exchange contracts		—			(2,957,213	)		—		(2,957,213	)
Interest rate contracts		(29,283	)		—			—		(29,283	)

Total	$	(193,178	)	$	(970,920	)		—	$	(1,164,098	)

As of May 31, 2017, certain of the Trust’s Investments were fair valued using net asset value (“NAV”) per share and have been excluded from the fair value hierarchy.

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

The Trust may hold assets and/or liabilities in which the fair value approximates the carring amount for financial statement purposes. As of period end, bank borrowings payable of $599,000,000 are categorized as Level 2 within the disclosure hierarchy.



BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017	31


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

During the period ended May 31, 2017, there were no transfers between Level 1 and Level 2.

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


	Common Stocks			Asset-Backed Securities			Corporate Bonds			Floating Rate Loan Interests			Other Interests			Preferred Securities			Warrants			Total
Assets:
Opening balance, as of August 31, 2016¹	$	1,725,910		$	13,191,932		$	5,853,024		$	22,184,147		$	13		$	17,201,711		$	13,361		$	60,170,098
Transfers into Level 3		—			—			—			468,062			—			—			—			468,062
Transfers out of Level 3²		—			(8,991,932	)		—			(13,980,453	)		—			—			(130	)		(22,972,515	)
Accrued discounts/premiums		—			(30	)		1,725			95,754			—			—			—			97,449
Net realized gain (loss)		(162,612	)		25,342			(1,850,080	)		131,680			—			(4,488	)		—			(1,860,158	)
Net change in unrealized appreciation (depreciation)^3,4		2,348,655			(1,643	)		1,848,823			(12,101	)		(1	)		(2,600,307	)		57,695			1,641,121
Purchases		473			5,499,871			—			381,150			—			7,020,001			—			12,901,495
Sales		(25,324	)		(2,700,000	)		(1,091,592	)		(4,574,276	)		—			(2,413,252	)		—			(10,804,444	)

Closing balance, as of May 31, 2017	$	3,887,102		$	7,023,540		$	4,761,900		$	4,693,963		$	12		$	19,203,665		$	70,926		$	39,641,108

Net change in unrealized appreciation (depreciation) on investments still held at May 31, 2017⁴	$	2,173,367		$	23,699			—		$	(5,275	)		—		$	(2,600,307	)	$	(57,695	)	$	(350,821	)

¹	The opening balance of preferred securities has been restated to exclude certain investments in the amount of $523,176 that were valued using NAV per share as no quoted market value is available and therefore have been excluded from the fair value hierarchy.

As of August 31, 2016, the Trust used significant unobservable inputs in determining the value of certain investments. As of May 31, 2017, the Trust used observable inputs in determining the value of the same investments. As a result, investments at beginning of period value were transferred from Level 3 to Level 2 in the disclosure hierarchy.

³	Included in the related net change in unrealized appreciation (depreciation) in the Consolidated Statement of Operations.

⁴	Any difference between net change in unrealized appreciation (depreciation) and net change in unrealized appreciation (depreciation) on investments still held at May 31, 2017 is generally due to investments no longer held or categorized as Level 3 at period end.



32	BLACKROCK CORPORATE HIGH YIELD FUND, INC.	MAY 31, 2017



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: July 24, 2017

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: July 24, 2017


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

Date: July 24, 2017