Schedule of Investments (unaudited) October 31, 2023 BlackRock MuniYield Fund, Inc. (MYD) (Percentages shown are based on Net Assets)

Security	Par (000)		Value
Municipal Bonds
Alabama — 7.1%
Black Belt Energy Gas District, RB(a) 4.00%, 10/01/52	$	6,260	$	6,031,915
Series A, 5.25%, 01/01/54		4,665		4,657,140
Series F, 5.50%, 11/01/53		830		839,116
Black Belt Energy Gas District, Refunding RB, 4.00%, 06/01/51(a)		7,240		6,664,139
County of Jefferson Alabama Sewer Revenue, Refunding RB
Series A, Senior Lien, (AGM), 5.00%, 10/01/44		1,665		1,640,446
Series A, Senior Lien, (AGM), 5.25%, 10/01/48		3,175		3,177,713
Series D, Sub Lien, 6.00%, 10/01/42		7,410		7,566,866
Energy Southeast A Cooperative District, RB,
Series B-1, 5.75%, 04/01/54(a)		1,585		1,639,100
Southeast Energy Authority A Cooperative District, RB(a)
Series A-1, 5.50%, 01/01/53		1,405		1,418,196
Series B, 5.00%, 01/01/54		1,230		1,220,529
				34,855,160
Arizona — 3.6%
City of Phoenix Civic Improvement Corp., RB, 5.25%, 07/01/47(b)		1,665		1,727,999
Glendale Industrial Development Authority, RB, 5.00%, 05/15/56		940		700,065
Industrial Development Authority of the City of Phoenix Arizona, RB, Series A, 5.00%, 07/01/46(c)		3,575		3,038,241
Salt Verde Financial Corp., RB 5.00%, 12/01/32		7,365		7,267,057
5.00%, 12/01/37		5,000		4,845,403
				17,578,765
Arkansas — 1.1%
Arkansas Development Finance Authority, RB
AMT, 5.70%, 05/01/53		895		812,594
AMT, 4.75%, 09/01/49(c)		4,900		4,497,787
				5,310,381
California — 7.1%
Bay Area Toll Authority, Refunding RB, 4.00%, 04/01/47		6,490		5,690,302
California Enterprise Development Authority, RB, 8.00%, 11/15/62(c)		785		693,278
California Health Facilities Financing Authority, Refunding RB
Series A, 4.00%, 08/15/48		3,540		3,047,548
Series B, 5.00%, 11/15/46		6,025		5,918,922
California Municipal Finance Authority, RB, S/F Housing
Series A, 5.25%, 08/15/39		305		297,848
Series A, 5.25%, 08/15/49		770		750,050
California Pollution Control Financing Authority, RB, AMT, 5.00%, 11/21/45(c)		1,650		1,558,127
California State Public Works Board, RB, Series I, 5.00%, 11/01/38		1,605		1,606,874
California Statewide Financing Authority, RB, Series A, 6.00%, 05/01/43		3,285		3,284,755
City of Los Angeles Department of Airports, ARB, Series A, AMT, 4.00%, 05/15/42		2,815		2,424,959

Security	Par (000)		Value
California (continued)
City of Los Angeles Department of Airports, Refunding ARB
AMT, Subordinate, 5.00%, 05/15/46	$	2,415	$	2,366,425
Series D, AMT, Subordinate, 4.00%, 05/15/51		1,335		1,072,339
CSCDA Community Improvement Authority, RB, M/F Housing(c) 4.00%, 10/01/56		235		176,951
4.00%, 12/01/56		340		214,571
Series A, 4.00%, 06/01/58		1,150		784,516
Senior Lien, 3.13%, 06/01/57		1,215		695,151
Series A, Senior Lien, 4.00%, 12/01/58		615		415,915
San Diego County Regional Airport Authority, ARB, Series B, AMT, Subordinate, 5.00%, 07/01/56		3,145		2,932,012
San Diego Public Facilities Financing Authority, Refunding RB, Series A, AMT, 4.00%, 08/01/45		1,000		910,862
State of California, GO, (AMBAC), 5.00%, 04/01/31		10		10,010
				34,851,415
Colorado — 1.5%
Board of Governors of Colorado State University System, Refunding RB, Series C, 4.00%, 03/01/47		4,265		3,571,646
City & County of Denver Colorado Airport System Revenue, Refunding ARB, Series D, AMT, 5.75%, 11/15/45		870		906,199
Colorado Health Facilities Authority, RB 5.50%, 11/01/47		355		355,440
5.25%, 11/01/52		745		709,288
Colorado Health Facilities Authority, Refunding RB
Series A, 5.00%, 08/01/44		950		904,203
Series A, 4.00%, 11/15/50		1,125		896,328
				7,343,104
Connecticut — 0.1%
Connecticut State Health & Educational Facilities Authority, RB, 4.25%, 07/15/53		720		577,369
Delaware — 0.6%
Delaware River & Bay Authority, Refunding RB, 4.00%, 01/01/44		3,065		2,697,363
District of Columbia — 8.8%
District of Columbia Water & Sewer Authority, RB, Series A, 5.00%, 10/01/52		1,875		1,854,390
District of Columbia, Refunding RB, 5.00%, 10/01/48		4,875		4,616,128
District of Columbia, TA, 5.13%, 06/01/41		4,440		4,441,053
Metropolitan Washington Airports Authority Aviation Revenue, Refunding ARB, Series A, AMT, 4.00%, 10/01/39		795		681,246
Metropolitan Washington Airports Authority Dulles Toll Road Revenue, Refunding RB
Series B, 2nd Senior Lien, (AGC), 0.00%, 10/01/31(d)		8,350		5,845,212
Series B, 2nd Senior Lien, (AGC), 0.00%, 10/01/32(d)		15,000		10,005,180
Series B, 2nd Senior Lien, (AGC), 0.00%, 10/01/33(d)		13,410		8,497,273
Series B, Subordinate, 4.00%, 10/01/49		3,780		2,962,090

1

Schedule of Investments (unaudited) (continued) October 31, 2023 BlackRock MuniYield Fund, Inc. (MYD) (Percentages shown are based on Net Assets)

Security	Par (000)		Value
District of Columbia (continued)
Washington Metropolitan Area Transit Authority Dedicated Revenue, RB 5.00%, 07/15/48	$	1,965	$	1,981,428
Series A, 4.00%, 07/15/46		2,540		2,160,453
				43,044,453
Florida — 5.2%
Broward County Florida Water & Sewer Utility Revenue, RB, Series A, 4.00%, 10/01/45		445		384,393
County of Miami-Dade Florida Aviation Revenue, Refunding RB, Series A, AMT, 5.00%, 10/01/29		1,900		1,900,166
County of Miami-Dade Florida Transit System, RB, 5.00%, 07/01/50		10,000		9,950,900
County of Miami-Dade Florida Water & Sewer System Revenue, Refunding RB, Series B, 4.00%, 10/01/49		4,335		3,676,542
County of Miami-Dade Seaport Department, Refunding RB, Series A, AMT, 5.25%, 10/01/52		980		935,544
County of Pasco Florida, RB, (AGM), 5.00%, 09/01/48		5,000		4,978,112
Florida Development Finance Corp., RB, Series A, 5.00%, 06/15/56		220		191,931
Lakewood Ranch Stewardship District, SAB, 6.30%, 05/01/54		435		423,416
Tampa-Hillsborough County Expressway Authority, RB, 5.00%, 07/01/47		3,105		3,039,044
				25,480,048
Georgia — 3.6%
City of Atlanta Georgia Department of Aviation, ARB, Series B-1, 5.00%, 07/01/53		1,485		1,502,995
Cobb County Kennestone Hospital Authority, RB, 4.00%, 04/01/52		2,400		1,921,730
Gainesville & Hall County Hospital Authority, RB, Series A, 4.00%, 02/15/51		1,105		892,720
Main Street Natural Gas, Inc., RB
Series A, 5.00%, 05/15/38		630		600,279
Series A, 5.00%, 05/15/49		2,100		1,954,912
Series B, 5.00%, 12/01/52(a)		6,575		6,487,120
Main Street Natural Gas, Inc., Refunding RB,
Series E-1, 5.00%, 12/01/53(a)		1,655		1,642,294
Municipal Electric Authority of Georgia, RB, 4.00%, 01/01/49		3,290		2,731,254
				17,733,304
Idaho — 2.1%
Power County Industrial Development Corp., RB, AMT, 6.45%, 08/01/32		10,000		10,006,608
Illinois — 9.3%
Chicago Board of Education, GO
Series A, 5.00%, 12/01/42		1,115		996,592
Series C, 5.25%, 12/01/35		3,095		3,017,386
Series D, 5.00%, 12/01/46		4,040		3,569,677
Series H, 5.00%, 12/01/36		460		433,798
Chicago Board of Education, Refunding GO
Series D, 5.00%, 12/01/31		1,000		988,168
Series G, 5.00%, 12/01/34		455		442,454
Chicago O’Hare International Airport, Refunding ARB,
Series B, Senior Lien, 5.00%, 01/01/53		3,035		2,969,350

Security	Par (000)		Value
Illinois (continued)
City of Chicago Illinois Wastewater Transmission Revenue, RB, Series A, 2nd Lien, (AGM), 5.25%, 01/01/58	$	7,435	$	7,437,591
Cook County Community College District No. 508, GO, 5.50%, 12/01/38		1,635		1,595,419
Illinois Finance Authority, RB, Series A, 5.00%, 02/15/50		270		223,627
Illinois Finance Authority, Refunding RB, Series C, 4.00%, 02/15/41		2,860		2,478,653
Illinois Housing Development Authority, Refunding RB, S/F Housing, Series H, (FHLMC, FNMA, GNMA), 4.65%, 10/01/43		3,095		2,801,659
Metropolitan Pier & Exposition Authority, RB, 5.00%, 06/15/57		1,835		1,676,361
Metropolitan Pier & Exposition Authority, Refunding RB(d)
Series B, (AGM), 0.00%, 06/15/44		10,925		3,546,796
Series B, (AGM), 0.00%, 06/15/47		27,225		7,283,354
State of Illinois, GO, 5.00%, 02/01/39		3,195		3,125,787
State of Illinois, Refunding GO, Series B, 5.00%, 10/01/28		1,000		1,032,654
University of Illinois, RB, Series A, 5.00%, 04/01/44		2,045		2,047,552
				45,666,878
Indiana — 1.1%
City of Valparaiso Indiana, RB
AMT, 6.75%, 01/01/34		1,635		1,638,818
AMT, 7.00%, 01/01/44		3,950		3,958,556
				5,597,374
Kansas — 0.1%
Ellis County Unified School District No. 489 Hays, Refunding GO, Series B, (AGM), 4.00%, 09/01/52		530		429,320
Kentucky — 1.0%
Kentucky Economic Development Finance Authority, Refunding RB, Series A, 5.00%, 08/01/44		2,140		2,022,887
Kentucky Public Transportation Infrastructure Authority, RB, CAB, Convertible, 6.75%, 07/01/43(e)		2,485		2,722,205
				4,745,092
Louisiana — 1.2%
Lafayette Parish School Board Sale Tax Revenue, RB, 4.00%, 04/01/53		760		634,130
Louisiana Stadium & Exposition District, Refunding RB, Series A, 5.00%, 07/01/48		2,560		2,523,071
New Orleans Aviation Board, ARB, Series B, AMT, 5.00%, 01/01/48		1,920		1,743,137
Tobacco Settlement Financing Corp. Refunding RB, Series A, 5.25%, 05/15/35		835		835,347
				5,735,685
Maryland — 0.2%
Maryland Health & Higher Educational Facilities Authority, RB, Series B, 4.00%, 04/15/50		1,250		1,000,499
Massachusetts — 3.9%
Commonwealth of Massachusetts Transportation Fund Revenue, RB, Series B, 5.00%, 06/01/50		5,000		5,034,391
Commonwealth of Massachusetts, GO
Series C, 5.00%, 10/01/47		2,740		2,781,819
Series C, 5.00%, 10/01/52		2,835		2,871,464

S C H E D U L E    O F    I N V E S T M E N T S 2

Schedule of Investments (unaudited) (continued) October 31, 2023 BlackRock MuniYield Fund, Inc. (MYD) (Percentages shown are based on Net Assets)

Security	Par (000)		Value
Massachusetts (continued)
Massachusetts Bay Transportation Authority Sales Tax Revenue, Refunding RB, Series A-1, 5.25%, 07/01/29	$	3,250	$	3,540,156
Massachusetts Development Finance Agency, RB, Series A, 5.00%, 01/01/47		3,000		2,711,764
Massachusetts Port Authority, ARB, Series E, AMT, 5.00%, 07/01/46		2,325		2,252,204
				19,191,798
Michigan — 5.1%
Great Lakes Water Authority Sewage Disposal System Revenue, RB
Series B, 2nd Lien, 5.25%, 07/01/47		1,125		1,126,097
Series B, 2nd Lien, 5.50%, 07/01/52		2,655		2,714,789
Series A, Senior Lien, 5.25%, 07/01/52		2,655		2,663,982
Great Lakes Water Authority Water Supply System Revenue, RB
Series A, Senior Lien, 5.25%, 07/01/52		2,655		2,663,982
Series B, Senior Lien, 5.50%, 07/01/52		2,655		2,712,142
Michigan Finance Authority, RB 4.00%, 02/15/47		820		671,788
4.00%, 02/15/50		4,730		3,822,864
4.00%, 02/15/44		1,710		1,422,968
Michigan Finance Authority, Refunding RB, Series A, 4.00%, 12/01/49		3,110		2,479,265
Michigan State Building Authority, Refunding RB, Series II, 4.00%, 10/15/47		540		458,131
Michigan Strategic Fund, RB, AMT, 5.00%, 12/31/43		2,255		2,096,666
State of Michigan Trunk Line Revenue, RB, BAB, 5.50%, 11/15/49		1,855		1,946,539
				24,779,213
Minnesota — 1.0%
Duluth Economic Development Authority, Refunding RB
Series A, 4.25%, 02/15/48		2,160		1,798,895
Series A, 5.25%, 02/15/58		3,125		2,993,469
				4,792,364
Missouri — 2.5%
Health & Educational Facilities Authority of the State of Missouri, Refunding RB
Series A, 4.00%, 02/15/49		5,555		4,478,766
Series C, 5.00%, 11/15/42		5,470		5,355,665
Kansas City Industrial Development Authority, ARB, Class B, AMT, 5.00%, 03/01/54		2,680		2,474,803
				12,309,234
Nebraska — 2.7%
Central Plains Energy Project, RB, Series 1, 5.00%, 05/01/53(a)		4,300		4,239,581
Omaha Public Power District, RB
Series A, 5.25%, 02/01/48(b)		1,550		1,605,683
Series A, (AGM-CR), 4.00%, 02/01/51		8,700		7,131,210
				12,976,474

Security	Par (000)		Value
New Hampshire(c) — 0.8%
New Hampshire Business Finance Authority, Refunding RB
Series B, 4.63%, 11/01/42	$	3,205	$	2,528,224
Series C, AMT, 4.88%, 11/01/42		1,665		1,290,356
				3,818,580
New Jersey — 9.8%
Casino Reinvestment Development Authority, Inc., Refunding RB 5.25%, 11/01/39		3,490		3,373,444
5.25%, 11/01/44		3,180		2,960,405
New Jersey Economic Development Authority, RB Class A, 5.25%, 11/01/47		3,565		3,613,254
Series EEE, 5.00%, 06/15/48		12,340		12,063,523
Series B, AMT, 6.50%, 04/01/31		1,845		1,830,132
New Jersey Economic Development Authority, Refunding ARB, AMT, 5.00%, 10/01/47		3,040		2,770,409
New Jersey Higher Education Student Assistance Authority, Refunding RB
Series B, AMT, 4.00%, 12/01/41		2,570		2,333,365
Series C, AMT, Subordinate, 5.00%, 12/01/52		2,595		2,404,434
New Jersey Transportation Trust Fund Authority, RB Series C, (AMBAC), 0.00%, 12/15/35(d)		7,395		4,062,770
Series S, 5.00%, 06/15/46		2,415		2,345,888
Tobacco Settlement Financing Corp., Refunding RB
Series A, 5.00%, 06/01/46		2,435		2,295,098
Series A, 5.25%, 06/01/46		2,685		2,639,488
Sub-Series B, 5.00%, 06/01/46		5,670		5,265,252
				47,957,462
New York — 19.7%
City of New York, GO
Series A-1, 4.00%, 09/01/46		1,640		1,393,683
Series C, 5.00%, 08/01/43		2,330		2,347,477
Erie Tobacco Asset Securitization Corp., Refunding RB, Series A, 5.00%, 06/01/45		4,070		3,525,058
Metropolitan Transportation Authority, Refunding RB
Series C-1, 4.75%, 11/15/45		3,335		3,067,268
Series C-1, 5.00%, 11/15/50		1,085		1,023,570
Series C-1, 5.25%, 11/15/55		1,605		1,578,101
Monroe County Industrial Development Corp., Refunding RB, Series A, 4.00%, 07/01/50		3,335		2,789,807
New York City Municipal Water Finance Authority, Refunding RB
Series BB-1, 4.00%, 06/15/45		1,545		1,352,830
Series DD, 4.13%, 06/15/46		9,330		8,180,513
New York City Transitional Finance Authority Future Tax Secured Revenue, RB, Subordinate, 4.00%, 05/01/47		5,000		4,250,450
New York City Transitional Finance Authority, RB, Subordinate, 5.00%, 05/01/46		2,480		2,512,277
New York Counties Tobacco Trust IV, Refunding RB, Series A, 6.25%, 06/01/41(c)		3,300		3,299,898
New York Liberty Development Corp., Refunding RB(c)
Class 1, 5.00%, 11/15/44		8,145		7,268,266
Class 2, 5.38%, 11/15/40		1,760		1,626,744
New York Power Authority, Refunding RB, Series A, 4.00%, 11/15/55		2,765		2,246,137
New York State Dormitory Authority, RB, Series A, 4.00%, 03/15/47		1,575		1,319,081

3

Schedule of Investments (unaudited) (continued) October 31, 2023 BlackRock MuniYield Fund, Inc. (MYD) (Percentages shown are based on Net Assets)

Security	Par (000)		Value
New York (continued)
New York State Dormitory Authority, Refunding RB
Series A, 4.00%, 03/15/44	$	2,270	$	1,961,815
Series A, 4.00%, 03/15/47		7,890		6,747,041
Series A, 4.00%, 03/15/48		1,395		1,184,754
Series A-1, 5.00%, 03/15/45		5,610		5,688,964
Series D, 4.00%, 02/15/47		4,730		4,046,785
New York State Urban Development Corp., RB, Series A, 4.00%, 03/15/49		1,870		1,567,074
New York State Urban Development Corp., Refunding RB, 4.00%, 03/15/49		6,675		5,592,517
New York Transportation Development Corp., ARB, Series A, AMT, 5.00%, 07/01/46		1,525		1,405,677
New York Transportation Development Corp., RB 5.63%, 04/01/40(b)		965		954,888
AMT, 5.00%, 10/01/35		2,230		2,128,096
Triborough Bridge & Tunnel Authority Sales Tax Revenue, RB 5.00%, 11/15/46		8,760		8,726,622
Series A, 5.25%, 05/15/52		1,625		1,658,061
Series A, 4.13%, 05/15/53		3,275		2,767,019
Triborough Bridge & Tunnel Authority, RB, Series A, 5.00%, 11/15/56		2,230		2,178,507
Triborough Bridge & Tunnel Authority, Refunding RB, Series C, 5.25%, 11/15/40		1,640		1,727,352
				96,116,332
Ohio — 5.7%
Buckeye Tobacco Settlement Financing Authority, Refunding RB, Series B-2, 5.00%, 06/01/55		6,655		5,441,804
County of Allen Ohio Hospital Facilities Revenue, Refunding RB, Series A, 4.00%, 11/01/44		4,160		3,473,437
County of Franklin Ohio, RB Series A, 4.00%, 12/01/44		1,060		902,272
Series A, 5.00%, 12/01/47		840		815,879
County of Hamilton Ohio, RB Series A, 5.00%, 08/15/42		4,350		4,213,115
Series CC, 5.00%, 11/15/49		1,130		1,090,633
County of Hamilton Ohio, Refunding RB 4.00%, 08/15/50		1,245		1,004,966
Series A, 3.75%, 08/15/50		2,190		1,681,262
Northeast Ohio Regional Sewer District, Refunding RB, 4.00%, 11/15/43		8,435		7,368,921
Ohio Air Quality Development Authority, RB, AMT, 5.00%, 07/01/49(c)		545		434,423
State of Ohio, RB, AMT, 5.00%, 06/30/53		1,685		1,515,626
				27,942,338
Oklahoma — 1.4%
Oklahoma Turnpike Authority, RB 5.50%, 01/01/53		3,140		3,294,476
Series A, 4.00%, 01/01/48		4,320		3,673,500
				6,967,976
Oregon — 0.8%
Port of Portland Oregon Airport Revenue, Refunding ARB, 29th Series, AMT, 5.50%, 07/01/48		3,725		3,784,455
Pennsylvania — 5.3%
Allegheny County Airport Authority, ARB, Series A, AMT, (AGM-CR), 4.00%, 01/01/56		1,275		980,930

Security	Par (000)		Value
Pennsylvania (continued)
Commonwealth Financing Authority, RB, (AGM), 4.00%, 06/01/39	$	6,325	$	5,670,872
Montgomery County Higher Education and Health Authority, Refunding RB 4.00%, 09/01/51		1,115		871,419
5.00%, 09/01/48		740		692,303
Series A, 4.00%, 09/01/49		1,185		934,514
Pennsylvania Economic Development Financing Authority, RB, AMT, 5.00%, 06/30/42		1,765		1,622,017
Pennsylvania Economic Development Financing Authority, Refunding RB, AMT, 5.50%, 11/01/44		3,210		2,876,689
Pennsylvania Housing Finance Agency, RB, S/F Housing, Series 142-A, 5.00%, 10/01/43		3,105		3,073,885
Pennsylvania Turnpike Commission Oil Franchise Tax Revenue, Refunding RB, Series B, 4.00%, 12/01/53		2,290		1,824,570
Pennsylvania Turnpike Commission, RB Series A, 5.00%, 12/01/44		2,305		2,283,922
Series A, Subordinate, (BAM-TCRS), 4.00%, 12/01/50		1,550		1,281,033
Pennsylvania Turnpike Commission, Refunding RB, Series C, 4.00%, 12/01/51		4,515		3,667,676
				25,779,830
Puerto Rico — 5.5%
Commonwealth of Puerto Rico, GO
Series A-1, Restructured, 5.63%, 07/01/29		2,931		2,994,570
Series A-1, Restructured, 5.75%, 07/01/31		2,646		2,719,981
Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, RB
Series A-1, Restructured, 4.75%, 07/01/53		3,817		3,219,859
Series A-1, Restructured, 5.00%, 07/01/58		12,161		10,539,129
Series A-2, Restructured, 4.78%, 07/01/58		6,236		5,221,150
Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, RB, CAB, Series A-1, Restructured, 0.00%, 07/01/46(d)		9,662		2,388,335
				27,083,024
Rhode Island — 0.2%
Central Falls Detention Facility Corp., Refunding RB, 7.25%, 07/15/35(f)(g)		4,155		747,900
South Carolina — 3.3%
South Carolina Jobs-Economic Development Authority, Refunding RB 4.00%, 12/01/44		3,835		3,198,194
Series A, 5.00%, 05/01/48		3,030		2,873,564
South Carolina Ports Authority, ARB
AMT, 5.00%, 07/01/43		4,500		4,277,470
Series B, AMT, 4.00%, 07/01/49		1,330		1,034,857
South Carolina Public Service Authority, Refunding RB, Series A, 5.00%, 12/01/50		5,000		4,734,321
				16,118,406
Tennessee — 2.6%
Memphis-Shelby County Airport Authority, ARB, Series A, AMT, 5.00%, 07/01/45		2,665		2,556,702
Metropolitan Government Nashville & Davidson County Health & Educational Facilities Board, RB, Series A, 5.00%, 07/01/40		1,440		1,427,539

S C H E D U L E    O F    I N V E S T M E N T S 4

Schedule of Investments (unaudited) (continued) October 31, 2023 BlackRock MuniYield Fund, Inc. (MYD) (Percentages shown are based on Net Assets)

Security	Par (000)		Value
Tennessee (continued)
Metropolitan Government Nashville & Davidson County Health & Educational Facilities Board, Refunding RB, 5.25%, 10/01/58	$	1,505	$	1,360,362
Tennessee Energy Acquisition Corp., Refunding RB, Series A-1, 5.00%, 05/01/53(a)		7,270		7,192,841
				12,537,444
Texas — 14.4%
Arlington Higher Education Finance Corp., RB(c) 7.50%, 04/01/62		885		774,301
7.88%, 11/01/62		755		710,815
Austin Independent School District, GO, 4.00%, 08/01/48		1,500		1,248,929
City of Austin Texas Airport System Revenue, ARB
Series B, AMT, 5.00%, 11/15/44		5,755		5,489,574
Series A, RB, 5.00%, 11/15/41		3,250		3,262,009
City of Dallas Texas Waterworks & Sewer System Revenue, Refunding RB, Series A, 5.00%, 10/01/41		1,240		1,246,245
City of Houston Texas Airport System Revenue, ARB, Series B-1, AMT, 5.00%, 07/15/30		3,600		3,468,789
City of Houston Texas Airport System Revenue, Refunding ARB, Series A, AMT, 1st Lien, Subordinate, (AGM), 5.25%, 07/01/48		3,580		3,501,817
City of Houston Texas Airport System Revenue, Refunding RB, AMT, 5.00%, 07/01/29		1,765		1,717,116
City of San Antonio Texas Electric & Gas Systems Revenue, Refunding RB, 5.00%, 02/01/47		3,415		3,424,261
Clifton Higher Education Finance Corp., RB, 6.00%, 08/15/43		1,525		1,525,206
County of Harris Texas, Refunding GO, Series A, 4.25%, 09/15/48		560		484,033
Crowley Independent School District, GO (PSF), 5.00%, 02/01/48		515		523,077
(PSF), 4.25%, 02/01/53		190		168,249
Cypress-Fairbanks Independent School District, GO,
(PSF), 4.00%, 02/15/48		1,225		1,049,284
Denton Independent School District, GO, (PSF), 5.00%, 08/15/48		940		955,462
Harris County Cultural Education Facilities Finance Corp., RB, Series B, 6.38%, 01/01/33		40		38,518
Hutto Independent School District, GO, (PSF), 5.00%, 08/01/48		60		61,027
Leander Independent School District, Refunding GO, Series A, (PSF), 5.00%, 08/15/49		3,255		3,269,022
Marshall Independent School District, GO, (PSF), 4.00%, 02/15/45		620		551,334
North Texas Tollway Authority, RB, Series B, 0.00%, 09/01/31(d)(h)		4,110		1,906,728
North Texas Tollway Authority, Refunding RB, Series B, 5.00%, 01/01/43		6,205		6,213,896
Northwest Independent School District, GO, (PSF), 5.00%, 02/15/48		1,190		1,205,229
Plano Independent School District, GO, 5.00%, 02/15/42		1,540		1,584,540
Princeton Independent School District, GO, (PSF), 5.25%, 02/15/48		865		893,798
San Antonio Public Facilities Corp., Refunding RB, Convertible, 4.00%, 09/15/42		5,700		4,819,436

Security	Par (000)		Value
Texas (continued)
Tarrant County Cultural Education Facilities Finance Corp., RB
Series A, 4.00%, 07/01/53	$	1,280	$	993,100
Series A, 5.00%, 07/01/53		1,570		1,489,273
Series B, 5.00%, 07/01/43		4,080		3,967,701
Series B, 5.00%, 07/01/48		5,505		5,291,940
Texas Private Activity Bond Surface Transportation Corp., RB, AMT, 5.00%, 06/30/58		2,435		2,219,031
Texas Water Development Board, RB, 4.00%, 10/15/45		2,735		2,386,325
Waller Consolidated Independent School District, GO, (BAM), 4.00%, 02/15/48		5,000		4,018,411
				70,458,476
Utah — 0.4%
City of Salt Lake City Utah Airport Revenue, ARB, Series A, AMT, 5.00%, 07/01/48		1,845		1,745,146
Virginia — 1.0%
Hampton Roads Transportation Accountability Commission, RB
Series A, Senior Lien, 4.00%, 07/01/50		1,115		913,935
Series A, Senior Lien, 4.00%, 07/01/55		4,950		4,074,185
				4,988,120
Washington — 0.9%
Port of Seattle Washington, ARB
Series A, AMT, 5.00%, 05/01/43		3,120		2,996,394
Series C, AMT, 5.00%, 04/01/40		1,565		1,487,515
				4,483,909
Wisconsin — 0.3%
Public Finance Authority, RB(c)
Series A, 5.00%, 07/15/39		190		166,950
Series A, 5.00%, 07/15/49		720		596,954
Wisconsin Housing & Economic Development Authority Home Ownership Revenue, RB, S/F Housing, Series A, (FHLMC, FNMA, GNMA), 4.85%, 09/01/43		700		671,149
				1,435,053
Total Municipal Bonds — 141.0% (Cost: $733,323,008)				688,666,352
Municipal Bonds Transferred to Tender Option Bond Trusts(i)
Alabama — 1.9%
Southeast Energy Authority A Cooperative District, RB, Series A, 5.25%, 01/01/54(a)		9,350		9,327,664
District of Columbia — 1.8%
District of Columbia Housing Finance Agency, RB, M/F Housing, Series B-2, 4.10%, 09/01/39		10,265		8,817,172
Florida — 2.0%
City of Tampa Florida Water & Wastewater System Revenue, RB, Series A, 5.00%, 10/01/52		10,000		10,102,470
Nebraska — 2.5%
Omaha Public Power District, RB, Series A, 5.00%, 02/01/46		11,970		12,126,948

5

Schedule of Investments (unaudited) (continued) October 31, 2023 BlackRock MuniYield Fund, Inc. (MYD) (Percentages shown are based on Net Assets)

Security	Par (000)		Value
New York — 4.6%
Hudson Yards Infrastructure Corp., Refunding RB, Series A, 5.00%, 02/15/42	$	12,550	$	12,471,735
New York State Urban Development Corp., RB, Series A, 5.00%, 03/15/50		10,000		10,000,653
				22,472,388
Washington — 2.1%
State of Washington, GO, Series 2024-A, 5.00%, 08/01/48		10,000		10,142,177
Total Municipal Bonds Transferred to Tender Option Bond Trusts — 14.9% (Cost: $75,362,059)				72,988,819
Total Long-Term Investments — 155.9% (Cost: $808,685,067)				761,655,171
	Shares
Short-Term Securities
Money Market Funds — 5.0%
BlackRock Liquidity Funds, MuniCash, Institutional Class, 3.82%(j)(k)		24,512,867		24,512,867
Total Short-Term Securities — 5.0% (Cost: $24,512,762)				24,512,867
Total Investments — 160.9% (Cost: $833,197,829)				786,168,038
Liabilities in Excess of Other Assets — (0.8)%				(3,796,816	)
Liability for TOB Trust Certificates, Including Interest Expense and Fees Payable — (8.7)%				(42,625,280	)
VRDP Shares at Liquidation Value, Net of Deferred Offering Costs — (51.4)%				(251,124,258	)
Net Assets Applicable to Common Shares — 100.0%			$	488,621,684

^(a)  Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of period end. Security description also includes the reference rate and spread if published and available.

^(b)  When-issued security.

^(c)  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.

^(d)  Zero-coupon bond.

^(e)  Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect.

^(f)  Issuer filed for bankruptcy and/or is in default.

^(g)  Non-income producing security.

^(h)  U.S. Government securities held in escrow, are used to pay interest on this security as well as to retire the bond in full at the date indicated, typically at a premium to par.

⁽ⁱ⁾  Represent bonds transferred to a TOB Trust in exchange of cash and residual certificates received by the Fund. These bonds serve as collateral in a secured borrowing.

^(j)  Affiliate of the Fund.

^(k)  Annualized 7-day yield as of period end.

For Fund compliance purposes, the Fund’s sector classifications refer to one or more of the sector 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 sector sub-classifications for reporting ease.

Affiliates

Investments in issuers considered to be affiliate(s) of the Fund during the period ended October 31, 2023 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

Affiliated Issuer	Value at 07/31/23		Purchases at Cost		Proceeds from Sales			Net Realized Gain (Loss)			Change in Unrealized Appreciation (Depreciation)		Value at 10/31/23		Shares Held at 10/31/23		Income		Capital Gain Distributions from Underlying Funds
BlackRock Liquidity Funds, MuniCash, Institutional Class	$	25,211,856	$	—	$	(699,026	)(a)	$	(645	)	$	682	$	24,512,867		24,512,867	$	101,748	$	—

^(a)  Represents net amount purchased (sold).

S C H E D U L E    O F    I N V E S T M E N T S 6

Schedule of Investments (unaudited) (continued) October 31, 2023 BlackRock MuniYield Fund, Inc. (MYD)

Derivative Financial Instruments Outstanding as of Period End

Futures Contracts

Description	Number of Contracts		Expiration Date		Notional Amount (000)		Value/ Unrealized Appreciation (Depreciation)
Short Contracts
10-Year U.S. Treasury Note		143		12/19/23	$	15,162	$	23,847
U.S. Long Bond		188		12/19/23		20,480		98,624
5-Year U.S. Treasury Note		109		12/29/23		11,385		(7,980	)
							$	114,491

Fair Value Hierarchy as of Period End

Various inputs are used in determining the fair value of 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 Fund 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); and

• Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Valuation Committee’s assumptions used in determining the fair value of 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 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. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund’s policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Fund’s financial instruments categorized in the fair value hierarchy. The breakdown of the Fund’s financial instruments into major categories is disclosed in the Schedule of Investments above.

	Level 1			Level 2		Level 3		Total
Assets
Investments
Long-Term Investments
Municipal Bonds	$	—		$	688,666,352	$	—	$	688,666,352
Municipal Bonds Transferred to Tender Option Bond Trusts		—			72,988,819		—		72,988,819
Short-Term Securities
Money Market Funds		24,512,867			—		—		24,512,867
	$	24,512,867		$	761,655,171	$	—	$	786,168,038
Derivative Financial Instruments(a)
Assets
Interest Rate Contracts	$	122,471		$	—	$	—	$	122,471
Liabilities
Interest Rate Contracts		(7,980	)		—		—		(7,980	)
	$	114,491		$	—	$	—	$	114,491

^(a)  Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.

7

Schedule of Investments (unaudited) (continued) October 31, 2023 BlackRock MuniYield Fund, Inc. (MYD)

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

	Level 1		Level 2			Level 3		Total
Liabilities
TOB Trust Certificates	$	—	$	(42,534,993	)	$	—	$	(42,534,993	)
VRDP Shares at Liquidation Value		—		(251,400,000	)		—		(251,400,000	)
	$	—	$	(293,934,993	)	$	—	$	(293,934,993	)

Portfolio Abbreviation
AGC	Assured Guaranty Corp.
AGM	Assured Guaranty Municipal Corp.
AGM-CR	AGM Insured Custodial Receipt
AMBAC	AMBAC Assurance Corp.
AMT	Alternative Minimum Tax
ARB	Airport Revenue Bonds
BAB	Build America Bond
BAM	Build America Mutual Assurance Co.
BAM-TCRS	Build America Mutual Assurance Co.- Transferable     Custodial Receipts
CAB	Capital Appreciation Bonds
CR	Custodian Receipt
FHLMC	Federal Home Loan Mortgage Corp.
FNMA	Federal National Mortgage Association
GNMA	Government National Mortgage Association
GO	General Obligation Bonds
M/F	Multi-Family
PSF	Permanent School Fund
RB	Revenue Bond
S/F	Single-Family
SAB	Special Assessment Bonds
TA	Tax Allocation

S C H E D U L E   O F   I N V E S T M E N T S 8