-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
JLSvRbnW7m79f4zO0ZWCKcH9HCRRGyWM8rxiEcmdOk5WTsf71vI51GFesBx6qQVs
BGTPRbtyv3U3a8dEW4GVxA==
<SEC-DOCUMENT>0000914121-10-000242.txt : 20100120
<SEC-HEADER>0000914121-10-000242.hdr.sgml : 20100120
<ACCEPTANCE-DATETIME>20100119193629
ACCESSION NUMBER: 0000914121-10-000242
CONFORMED SUBMISSION TYPE: SC 13G/A
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20100120
DATE AS OF CHANGE: 20100119
GROUP MEMBERS: BANK OF AMERICA CORPORATION
GROUP MEMBERS: BANK OF AMERICA, N.A.
GROUP MEMBERS: MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: BLACKROCK MUNIYIELD INSURED FUND, INC
CENTRAL INDEX KEY: 0000883412
IRS NUMBER: 223165131
FISCAL YEAR END: 1031
FILING VALUES:
FORM TYPE: SC 13G/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-84462
FILM NUMBER: 10534502
BUSINESS ADDRESS:
STREET 1: 100 BELLEVUE PARKWAY
CITY: WILMINGTON
STATE: DE
ZIP: 19809
BUSINESS PHONE: 800-441-7762
MAIL ADDRESS:
STREET 1: 100 BELLEVUE PARKWAY
CITY: WILMINGTON
STATE: DE
ZIP: 19809
FORMER COMPANY:
FORMER CONFORMED NAME: MUNIYIELD INSURED FUND INC
DATE OF NAME CHANGE: 19920717
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: BANK OF AMERICA CORP /DE/
CENTRAL INDEX KEY: 0000070858
STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021]
IRS NUMBER: 560906609
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G/A
BUSINESS ADDRESS:
STREET 1: BANK OF AMERICA CORPORATE CENTER
STREET 2: 100 N TRYON ST
CITY: CHARLOTTE
STATE: NC
ZIP: 28255
BUSINESS PHONE: 7043868486
MAIL ADDRESS:
STREET 1: BANK OF AMERICA CORPORATE CENTER
STREET 2: 100 N TRYON ST
CITY: CHARLOTTE
STATE: NC
ZIP: 28255
FORMER COMPANY:
FORMER CONFORMED NAME: BANKAMERICA CORP/DE/
DATE OF NAME CHANGE: 19981022
FORMER COMPANY:
FORMER CONFORMED NAME: NATIONSBANK CORP
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: NCNB CORP
DATE OF NAME CHANGE: 19920107
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<FILENAME>ba18160827-13ga.txt
<DESCRIPTION>SCHEDULE 13G AMENDMENT NO. 2
<TEXT>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)
BlackRock MuniYield Insured Fund, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Auction Rate Preferred
- --------------------------------------------------------------------------------
(Title of Class of Securities)
09254E103
(See Item 2(e))
- --------------------------------------------------------------------------------
(CUSIP Number)
December 31, 2009
- --------------------------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[X] Rule 13d-1(b)
[_] Rule 13d-1(c)
[_] Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 or otherwise subject to the liabilities of that section of the Act but
shall be subject to all other provisions of the Act (however, see the Notes).
<PAGE>
CUSIP No. 09254E103
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Bank of America Corporation 56-0906609
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5. SOLE VOTING POWER
0
-----------------------------------------------------------------
NUMBER OF 6. SHARED VOTING POWER
SHARES
BENEFICIALLY 10,333
OWNED BY EACH
REPORTING -----------------------------------------------------------------
PERSON WITH 7. SOLE DISPOSITIVE POWER
0
-----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
10,333
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,333
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[_]
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
36.3%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON
HC
- --------------------------------------------------------------------------------
<PAGE>
CUSIP No. 09254E103
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Merrill Lynch, Pierce, Fenner & Smith, Inc. 13-5674085
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5. SOLE VOTING POWER
0
-----------------------------------------------------------------
NUMBER OF 6. SHARED VOTING POWER
SHARES
BENEFICIALLY 4,329
OWNED BY EACH
REPORTING -----------------------------------------------------------------
PERSON WITH 7. SOLE DISPOSITIVE POWER
0
-----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
4,329
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,329
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[_]
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
15.2%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON
BD, IA
- --------------------------------------------------------------------------------
<PAGE>
CUSIP No. 09254E103
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Bank of America, N.A. 94-1687665
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5. SOLE VOTING POWER
0
-----------------------------------------------------------------
NUMBER OF 6. SHARED VOTING POWER
SHARES
BENEFICIALLY 6,004
OWNED BY EACH
REPORTING -----------------------------------------------------------------
PERSON WITH 7. SOLE DISPOSITIVE POWER
0
-----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
6,004
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,004
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[_]
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
21.1%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON
BK
- --------------------------------------------------------------------------------
<PAGE>
CUSIP No. 09254E103
Item 1(a). Name of Issuer:
BlackRock MuniYield Insured Fund, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
100 Bellevue Parkway
Wilmington, DE 19809
Item 2(a). Name of Person Filing:
Bank of America Corporation ("Bank of America")
Merrill Lynch, Pierce, Fenner & Smith, Inc. ("MLPFS")
Bank of America, N.A. ("BANA")
Item 2(b). Address of Principal Business Office, or if None, Residence:
The address of the principal business office of Bank of America and BANA is:
Bank of America Corporate Center
100 North Tryon Street
Charlotte, North Carolina 28255
The address of the principal business office of MLPFS is:
4 World Financial Center
250 Vesey Street
New York, New York 10080
Item 2(c). Citizenship:
See Item 4 of Cover Pages
Item 2(d). Title of Class of Securities:
Auction Rate Preferred
Item 2(e). CUSIP Numbers:
09254E103, 09254E202, 09254E301, 09254E400, 09254E509,
09254E608, 09254E707, 09254E806, 09254E871, 09254E889
Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or
(c), Check Whether the Person Filing Is a:
(a) [_] Broker or dealer registered under Section 15 of the
Exchange Act;
(b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act;
(c) [_] Insurance company as defined in Section 3(a)(19) of the
Exchange Act;
(d) [_] Investment company registered under Section 8 of the
Investment Company Act;
(e) [_] An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E);
(f) [_] An employee benefit plan or endowment fund in accordance
with Rule 13d-1(b)(1)(ii)(F);
(g) [X] A parent holding company or control person in accordance
with Rule 13d-1(b)(1)(ii)(G);
(h) [_] A savings association as defined in Section 3(b) of the
Federal
<PAGE>
CUSIP No. 09254E103
Deposit Insurance Act;
(i) [_] A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act;
(j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
Item 4. Ownership.
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
With respect to the beneficial ownership of the reporting person, see Items 5
through 11 of the cover pages to this Schedule 13G, which are incorporated
herein by reference.
The number of shares reported herein represents combined holdings in multiple
series of auction rate preferred securities of the issuer, which are treated
herein as one class of securities in accordance with the Securities and Exchange
Commission's Auction Rate Securities Global Exemptive Relief no action letter
issued on September 22, 2008.
(a) Amount beneficially owned:
See Item 9 of Cover Pages
(b) Percent of class:
See Item 11 of Cover Pages
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
(ii) Shared power to vote or to direct the vote:
(iii) Sole power to dispose or to direct the disposition of:
(iv) Shared power to dispose or to direct the disposition of:
See Items 5-8 of Cover Pages
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial owner of more
than 5 percent of the class of securities, check the following [_]
Item 6. Ownership of More Than Five Percent on Behalf of Another Person.
Not Applicable
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company.
With respect to the beneficial ownership of the reporting person,
see Items 5 through 11 of the cover pages to this Schedule 13G, which are
incorporated herein by reference.
<PAGE>
CUSIP No. 09254E103
Item 8. Identification and Classification of Members of the Group.
Not Applicable
Item 9. Notice of Dissolution of Group.
Not Applicable
Item 10. Certifications.
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired and are held in the ordinary course
of business and were not acquired and are not held for the purpose of or with
the effect of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Dated: January 19, 2010
Bank of America Corporation
Bank of America, N.A.
By: /s/ Angelina L. Richardson
----------------------------------------
Name: Angelina L. Richardson
Title: Vice President
Merrill Lynch, Pierce, Fenner & Smith, Inc.
By: /s/ Robert M. Shine
----------------------------------------
Name: Robert M. Shine
Title: Attorney-In-Fact
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ba18160827-ex99_1.txt
<DESCRIPTION>JOINT FILING AGREEMENT
<TEXT>
EXHIBIT 99.1 - JOINT FILING AGREEMENT
The undersigned hereby agree that they are filing this statement jointly
pursuant to Rule 13d-1(k)(1). Each of them is responsible for the timely filing
of such Schedule 13G and any amendments thereto, and for the completeness and
accuracy of the information concerning such person contained therein; but none
of them is responsible for the completeness or accuracy of the information
concerning the other persons making the filing, unless such person knows or has
reason to believe that such information is inaccurate.
In accordance with Rule 13d-1(k)(1) promulgated under the Securities and
Exchange Act of 1934, as amended, the undersigned hereby agree to the joint
filing with each other on behalf of each of them to such a statement on Schedule
13G with respect to the common stock beneficially owned by each of them. This
Joint Filing Agreement shall be included as an exhibit to such Schedule 13G.
Dated: January 19, 2010
Bank of America Corporation
Bank of America, N.A.
By: /s/ Angelina L. Richardson
------------------------------------
Angelina L. Richardson
Vice President
Merrill Lynch, Pierce, Fenner & Smith, Inc.
By: /s/ Robert M. Shine
------------------------------------
Robert M. Shine
Attorney-In-Fact
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----