| Schedule of Investments (unaudited) October 31, 2022 |
BlackRock MuniYield Quality Fund, Inc. (MQY) (Percentages shown are based on Net Assets) |
| Security | Par (000) |
Value | ||||||
| Municipal Bonds |
||||||||
| Alabama — 1.5% | ||||||||
| Black Belt Energy Gas District, RB(a) |
||||||||
| 4.00%, 10/01/52 |
$ | 4,950 | $ | 4,765,320 | ||||
| Series F, 5.50%, 11/01/53 |
2,920 | 2,952,774 | ||||||
| Homewood Educational Building Authority, Refunding RB |
||||||||
| Series A, 5.00%, 12/01/34 |
1,145 | 1,162,839 | ||||||
| Series A, 5.00%, 12/01/47 |
1,010 | 1,004,505 | ||||||
| Southeast Energy Authority A Cooperative District, RB, Series A-1, 5.50%, 01/01/53(a)(b) |
2,665 | 2,716,485 | ||||||
|
|
|
|||||||
| 12,601,923 | ||||||||
| Arizona — 9.6% | ||||||||
| Arizona Board of Regents, RB, Series A, 4.00%, 07/01/42 |
1,000 | 902,703 | ||||||
| Arizona Health Facilities Authority, Refunding RB, Series A, 5.00%, 12/01/42 |
2,785 | 2,723,866 | ||||||
| Arizona Industrial Development Authority, RB |
||||||||
| 4.38%, 07/01/39(c) |
875 | 755,058 | ||||||
| 5.00%, 07/01/54(c) |
615 | 524,636 | ||||||
| 7.10%, 01/01/55(c) |
250 | 250,601 | ||||||
| Series A, 5.00%, 07/01/39(c) |
1,280 | 1,176,890 | ||||||
| Series A, (BAM), 5.00%, 06/01/49 |
2,500 | 2,537,942 | ||||||
| Series A, 5.00%, 07/01/49(c) |
1,445 | 1,244,761 | ||||||
| Series A, 5.00%, 07/15/49(c) |
1,000 | 853,784 | ||||||
| Series A, 5.00%, 12/15/49(c) |
250 | 215,603 | ||||||
| Series A, 5.00%, 07/01/54(c) |
1,110 | 932,991 | ||||||
| Arizona Industrial Development Authority, Refunding RB |
||||||||
| Series A, 5.13%, 07/01/37(c) |
500 | 470,183 | ||||||
| Series A, 5.38%, 07/01/50(c) |
1,645 | 1,497,294 | ||||||
| Series A, 5.50%, 07/01/52(c) |
600 | 557,857 | ||||||
| Series G, 5.00%, 07/01/47(c) |
2,360 | 2,060,183 | ||||||
| Series S, (SD CRED PROG), 5.00%, 07/01/37 |
750 | 756,475 | ||||||
| City of Buckeye Arizona Excise Tax Revenue, RB, 5.00%, 07/01/43 |
4,000 | 4,040,356 | ||||||
| City of Goodyear Arizona Water & Sewer Revenue, RB, 2nd Series, Subordinate, (AGM), 4.00%, 07/01/45 |
250 | 221,392 | ||||||
| City of Lake Havasu City Arizona Wastewater System Revenue, RB, Series B, (AGM), 5.00%, 07/01/40 |
3,500 | 3,526,698 | ||||||
| City of Phoenix Civic Improvement Corp., ARB, Series B, AMT, Junior Lien, 5.00%, 07/01/49 |
5,960 | 5,652,458 | ||||||
| City of Phoenix Civic Improvement Corp., RB |
||||||||
| Series B, (BHAC-CR FGIC), 5.50%, 07/01/41(d) |
100 | 112,623 | ||||||
| Series A, AMT, 5.00%, 07/01/42 |
3,000 | 2,967,816 | ||||||
| Series B, AMT, 5.00%, 07/01/44 |
4,515 | 4,270,725 | ||||||
| Series A, Junior Lien, 4.00%, 07/01/39 |
1,300 | 1,203,468 | ||||||
| City of Phoenix Civic Improvement Corp., Refunding RB |
||||||||
| AMT, Senior Lien, 5.00%, 07/01/32 |
700 | 701,124 | ||||||
| Series D, Junior Lien, 4.00%, 07/01/40 |
1,000 | 855,163 | ||||||
| Florence Town Inc Industrial Development Authority, RB, 6.00%, 07/01/23(c)(e) |
500 | 509,332 | ||||||
| Glendale Industrial Development Authority, RB, 5.00%, 05/15/56 |
825 | 679,114 | ||||||
| Industrial Development Authority of the City of Phoenix, RB |
||||||||
| 6.63%, 07/01/23(e) |
500 | 511,367 | ||||||
| Series A, 5.00%, 07/01/44 |
2,000 | 1,816,506 | ||||||
| Series A, 6.75%, 07/01/44(c) |
440 | 457,441 | ||||||
| Series A, 5.00%, 07/01/46(c) |
1,570 | 1,376,675 | ||||||
| Industrial Development Authority of the City of Phoenix, Refunding RB |
||||||||
| 5.00%, 07/01/45(c) |
500 | 440,560 | ||||||
| Security | Par (000) |
Value | ||||||
| Arizona (continued) | ||||||||
| Industrial Development Authority of the City of Phoenix, Refunding RB (continued) |
||||||||
| 5.00%, 07/01/46 |
$ | 500 | $ | 448,279 | ||||
| Industrial Development Authority of the County of Pima, RB, 5.00%, 07/01/49(c) |
1,150 | 994,150 | ||||||
| Industrial Development Authority of the County of Pima, Refunding RB |
||||||||
| 5.00%, 06/15/49(c) |
1,985 | 1,613,998 | ||||||
| 5.00%, 06/15/52(c) |
530 | 423,288 | ||||||
| Series A, 4.00%, 09/01/29 |
1,000 | 965,953 | ||||||
| Industrial Development Authority of the County of Yavapai, Refunding RB, 4.00%, 08/01/43 |
1,650 | 1,416,372 | ||||||
| Kyrene Elementary School District No.28, GO |
||||||||
| Series B, 5.50%, 07/01/29 |
480 | 487,446 | ||||||
| Series B, 5.50%, 07/01/30 |
400 | 406,164 | ||||||
| Maricopa County Industrial Development Authority, RB |
||||||||
| 5.00%, 07/01/47 |
1,000 | 891,787 | ||||||
| 4.00%, 07/01/50 |
1,500 | 1,210,341 | ||||||
| Maricopa County Industrial Development Authority, Refunding RB |
||||||||
| 5.00%, 07/01/39(c) |
545 | 498,458 | ||||||
| 5.00%, 07/01/47(c) |
1,000 | 860,078 | ||||||
| 5.00%, 07/01/54(c) |
1,500 | 1,271,272 | ||||||
| Series A, 5.00%, 09/01/37 |
1,525 | 1,531,878 | ||||||
| Series A, 5.00%, 01/01/38 |
500 | 509,127 | ||||||
| Series A, 4.13%, 09/01/38 |
550 | 491,538 | ||||||
| Series A, 4.13%, 09/01/42 |
750 | 648,949 | ||||||
| Series A, 5.00%, 09/01/42 |
1,000 | 984,771 | ||||||
| Maricopa County Unified School District No.11-Peoria, GO, (AGM), 5.00%, 07/01/35 |
1,250 | 1,276,712 | ||||||
| McAllister Academic Village LLC, Refunding RB, 5.00%, 07/01/39 |
500 | 512,702 | ||||||
| Phoenix-Mesa Gateway Airport Authority, ARB, AMT, 5.00%, 07/01/38 |
3,600 | 3,600,626 | ||||||
| Pinal County Industrial Development Authority, RB, AMT, 6.25%, 06/01/26 |
200 | 201,019 | ||||||
| Salt River Project Agricultural Improvement & Power District, Refunding RB, Series A, 5.00%, 12/01/41 |
2,000 | 2,081,726 | ||||||
| Salt Verde Financial Corp., RB |
||||||||
| 5.50%, 12/01/29 |
2,000 | 2,048,474 | ||||||
| 5.00%, 12/01/32 |
155 | 152,828 | ||||||
| 5.00%, 12/01/37 |
6,610 | 6,495,283 | ||||||
| Student & Academic Services LLC, RB, (BAM), 5.00%, 06/01/39 |
1,400 | 1,403,916 | ||||||
| Town of Queen Creek Arizona Excise Tax Revenue, RB, Series A, 5.00%, 08/01/42 |
750 | 780,894 | ||||||
| University of Arizona, Refunding RB, 5.00%, 06/01/39 |
2,050 | 2,103,320 | ||||||
|
|
|
|||||||
| 83,114,994 | ||||||||
| Arkansas(c) — 0.4% | ||||||||
| Arkansas Development Finance Authority, RB |
||||||||
| Series A, AMT, 4.50%, 09/01/49 |
3,785 | 2,968,958 | ||||||
| Series A, AMT, 4.75%, 09/01/49 |
800 | 649,688 | ||||||
|
|
|
|||||||
| 3,618,646 | ||||||||
| California — 14.9% | ||||||||
| ABC Unified School District, GO, Series C, (NPFGC-IBC FGIC), 0.00%, 08/01/34(f) |
1,215 | 743,561 | ||||||
| Alvord Unified School District, Refunding GO, Series B, Election 2007, (AGM), 0.00%, 08/01/41(f) |
1,175 | 430,478 | ||||||
| Anaheim Public Financing Authority, RB, Series A, (AGM), 6.00%, 09/01/24 |
2,430 | 2,509,264 | ||||||
| 1 |
|
| Schedule of Investments (unaudited) (continued) October 31, 2022 |
BlackRock MuniYield Quality Fund, Inc. (MQY) (Percentages shown are based on Net Assets) |
| Security | Par (000) |
Value | ||||||
| California (continued) | ||||||||
| California Community Housing Agency, RB, M/F Housing(c) |
||||||||
| 3.00%, 08/01/56 |
$ | 440 | $ | 257,987 | ||||
| Series A, 5.00%, 04/01/49 |
320 | 261,184 | ||||||
| Series A-2, 4.00%, 08/01/47 |
2,050 | 1,403,008 | ||||||
| California Health Facilities Financing Authority, Refunding RB, Sub-Series A-2, 5.00%, 11/01/47 |
1,770 | 1,799,486 | ||||||
| California Housing Finance Agency, RB, M/F Housing Class A, 3.25%, 08/20/36 |
3,066 | 2,509,713 | ||||||
| Series 2021-1, Class A, 3.50%, 11/20/35 |
1,242 | 1,055,199 | ||||||
| California State Public Works Board, RB |
||||||||
| Series F, 5.25%, 09/01/33 |
835 | 847,681 | ||||||
| Series I, 5.50%, 11/01/31 |
1,000 | 1,021,916 | ||||||
| California Statewide Communities Development Authority, Refunding RB(c) |
||||||||
| Series A, 5.00%, 06/01/36 |
1,360 | 1,270,160 | ||||||
| Series A, 5.00%, 06/01/46 |
1,680 | 1,433,042 | ||||||
| Carlsbad Unified School District, Refunding GO, Series B, 6.00%, 05/01/34(d) |
5,000 | 5,190,115 | ||||||
| City of Los Angeles Department of Airports, Refunding ARB, Series D, AMT, Subordinate, 4.00%, 05/15/51 |
8,175 | 6,633,187 | ||||||
| CMFA Special Finance Agency XII, RB, M/F Housing, Series A, 3.25%, 02/01/57(c) |
1,660 | 1,024,919 | ||||||
| CSCDA Community Improvement Authority, RB, M/F Housing(c) |
||||||||
| 5.00%, 09/01/37 |
375 | 327,976 | ||||||
| 4.00%, 10/01/56 |
590 | 431,851 | ||||||
| 4.00%, 12/01/56 |
575 | 367,818 | ||||||
| Series A, 4.00%, 06/01/58 |
3,700 | 2,704,108 | ||||||
| Senior Lien, 3.13%, 06/01/57 |
2,065 | 1,248,375 | ||||||
| Series A, Senior Lien, 4.00%, 12/01/58 |
4,840 | 3,286,776 | ||||||
| Golden State Tobacco Securitization Corp., Refunding RB, Series B-2, Subordinate, 0.00%, 06/01/66(f) |
2,130 | 175,450 | ||||||
| Grossmont Union High School District, GO, Election 2004, 0.00%, 08/01/31(f) |
5,000 | 3,589,245 | ||||||
| Grossmont-Cuyamaca Community College District, GO, CAB, Series C, Election 2002, (AGC), 0.00%, 08/01/30(f) |
10,030 | 7,414,146 | ||||||
| Hartnell Community College District, GO, CAB, Series D, 7.00%, 08/01/34(d) |
4,125 | 4,760,662 | ||||||
| Kern Community College District, GO, Series C, 5.50%, 11/01/23(e) |
1,620 | 1,656,912 | ||||||
| Los Angeles Unified School District, GO, Election of 2008, 5.25%, 07/01/42 |
3,555 | 3,729,287 | ||||||
| Mount San Antonio Community College District, Refunding GO, CAB, Series A, Convertiable, Election 2008, 6.25%, 08/01/28(d) |
4,445 | 3,780,090 | ||||||
| Norman Y Mineta San Jose International Airport SJC, Refunding RB, Series A, AMT, 5.00%, 03/01/41 |
2,050 | 2,019,982 | ||||||
| Poway Unified School District, Refunding GO, Series B, 0.00%, 08/01/36(f) |
8,750 | 4,748,065 | ||||||
| Regents of the University of California Medical Center Pooled Revenue, RB, Series P, 4.00%, 05/15/53 |
5,405 | 4,484,258 | ||||||
| Regents of the University of California Medical Center Pooled Revenue, Refunding RB |
||||||||
| Series J, 5.25%, 05/15/23(e) |
2,905 | 2,938,236 | ||||||
| Series J, 5.25%, 05/15/38 |
825 | 831,508 | ||||||
| Security | Par (000) |
Value | ||||||
| California (continued) | ||||||||
| Rio Hondo Community College District, GO, CAB(f) |
||||||||
| Series C, Election 2004, 0.00%, 08/01/37 |
$ | 4,005 | $ | 2,039,807 | ||||
| Series C, Election 2004, 0.00%, 08/01/38 |
5,000 | 2,403,600 | ||||||
| San Bernardino Community College District, GO, CAB, Series B, |
10,000 | 10,530,790 | ||||||
| San Diego Community College District, GO, CAB(f) |
||||||||
| Election 2006, 0.00%, 08/01/31 |
2,145 | 1,321,260 | ||||||
| Election 2006, 0.00%, 08/01/32 |
2,680 | 1,550,308 | ||||||
| San Diego County Regional Airport Authority, ARB, Series B, AMT, Subordinate, 4.00%, 07/01/56 |
935 | 717,277 | ||||||
| San Diego Unified School District, GO, CAB(f) |
||||||||
| Series C, Election 2008, 0.00%, 07/01/38 |
3,800 | 1,834,762 | ||||||
| Series G, Election 2008, 0.00%, 01/01/24(e) |
7,295 | 3,662,871 | ||||||
| San Diego Unified School District, Refunding GO, CAB(f) |
||||||||
| Series R-1, 0.00%, 07/01/30 |
5,000 | 3,764,070 | ||||||
| Series R-1, 0.00%, 07/01/31 |
3,005 | 2,114,925 | ||||||
| San Francisco City & County Airport Comm-San Francisco International Airport, Refunding ARB |
||||||||
| Series A, AMT, 5.50%, 05/01/28 |
1,065 | 1,074,368 | ||||||
| Series A, AMT, 5.25%, 05/01/33 |
830 | 831,976 | ||||||
| San Mateo County Community College District, GO, CAB, Series C, Series 2001, (NPFGC), 0.00%, 09/01/30(f) |
12,740 | 9,416,962 | ||||||
| State of California, GO, 5.50%, 04/01/28 |
5 | 5,009 | ||||||
| Walnut Valley Unified School District, GO, CAB, Series B, Election 2007, 0.00%, 08/01/36(f) |
5,500 | 2,939,508 | ||||||
| Washington Township Health Care District, GO, Series B, Election 2004, 5.50%, 08/01/40 |
625 | 633,374 | ||||||
| Yosemite Community College District, GO, Series D, Election 2004, 0.00%, 08/01/36(f) |
15,000 | 8,119,605 | ||||||
|
|
|
|||||||
| 129,846,117 | ||||||||
| Colorado — 1.4% | ||||||||
| Centerra Metropolitan District No.1, TA, 5.00%, 12/01/47(c) |
345 | 289,462 | ||||||
| City & County of Denver Colorado Airport System Revenue, ARB |
||||||||
| Series A, AMT, 5.50%, 11/15/28 |
1,000 | 1,015,501 | ||||||
| Series A, AMT, 5.50%, 11/15/30 |
330 | 334,985 | ||||||
| Series A, AMT, 5.50%, 11/15/31 |
400 | 405,991 | ||||||
| City & County of Denver Colorado Airport System Revenue, Refunding ARB, Series A, AMT, 5.50%, 11/15/53 |
2,955 | 2,999,505 | ||||||
| City & County of Denver Colorado Dedicated Excise Tax Revenue, RB, CAB, Series A-2, 0.00%, 08/01/37(f) |
1,760 | 878,399 | ||||||
| City & County of Denver Colorado, COP, Series A, 4.00%, 06/01/48 |
3,035 | 2,621,126 | ||||||
| Colorado Health Facilities Authority, RB, Series A, 4.00%, 11/15/46 |
2,555 | 2,091,109 | ||||||
| Colorado Health Facilities Authority, Refunding RB |
||||||||
| Series A, 4.00%, 08/01/44 |
1,060 | 854,656 | ||||||
| Series A, 3.25%, 08/01/49 |
1,610 | 1,075,699 | ||||||
|
|
|
|||||||
| 12,566,433 | ||||||||
| Connecticut — 0.8% | ||||||||
| Connecticut Housing Finance Authority, Refunding RB, S/F Housing, Series A-1, 3.80%, 11/15/39 |
260 | 228,165 | ||||||
| Connecticut State Health & Educational Facilities Authority, RB, Series A-1, 5.00%, 10/01/54(c) |
205 | 174,585 | ||||||
| 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, 2022 |
BlackRock MuniYield Quality Fund, Inc. (MQY) (Percentages shown are based on Net Assets) |
| Security | Par (000) |
Value | ||||||
| Connecticut (continued) | ||||||||
| Connecticut State Health & Educational Facilities Authority, Refunding RB |
||||||||
| 5.00%, 12/01/45(b) |
$ | 3,280 | $ | 3,143,998 | ||||
| Series A, 4.00%, 07/01/49 |
2,435 | 1,812,217 | ||||||
| State of Connecticut, GO, Series C, 5.00%, 06/15/32 |
1,455 | 1,538,073 | ||||||
|
|
|
|||||||
| 6,897,038 | ||||||||
| Delaware — 0.2% | ||||||||
| Delaware State Health Facilities Authority, RB, 5.00%, 06/01/48 |
1,605 | 1,518,149 | ||||||
|
|
|
|||||||
| District of Columbia — 0.8% | ||||||||
| District of Columbia, RB |
||||||||
| Series A, 5.00%, 07/01/47 |
3,755 | 3,921,227 | ||||||
| Series B-1, (NPFGC-IBC FGIC), 5.00%, 02/01/31 |
435 | 435,436 | ||||||
| Metropolitan Washington Airports Authority Dulles Toll Road Revenue, Refunding RB, Series B, Subordinate, 4.00%, 10/01/49 |
2,875 | 2,288,566 | ||||||
|
|
|
|||||||
| 6,645,229 | ||||||||
| Florida — 10.9% | ||||||||
| Brevard County Health Facilities Authority, Refunding RB, 5.00%, 04/01/39 |
3,775 | 3,864,241 | ||||||
| Capital Trust Agency, Inc., RB(c) |
||||||||
| 5.00%, 01/01/55 |
825 | 649,868 | ||||||
| Series A, 5.00%, 06/01/55 |
1,285 | 971,127 | ||||||
| Series A, 5.50%, 06/01/57 |
460 | 374,845 | ||||||
| City of Tampa Florida, RB, CAB(f) |
||||||||
| Series A, 0.00%, 09/01/49 |
1,725 | 366,799 | ||||||
| Series A, 0.00%, 09/01/53 |
1,840 | 312,355 | ||||||
| County of Broward Florida Airport System Revenue, ARB |
||||||||
| Series A, AMT, 5.00%, 10/01/45 |
1,005 | 953,576 | ||||||
| Series A, AMT, 4.00%, 10/01/49 |
3,315 | 2,642,678 | ||||||
| Series A, AMT, 5.00%, 10/01/49 |
300 | 282,936 | ||||||
| County of Broward Florida Port Facilities Revenue, ARB, AMT, 5.25%, 09/01/47 |
3,650 | 3,691,712 | ||||||
| County of Miami-Dade Florida Aviation Revenue, Refunding RB |
||||||||
| 5.00%, 10/01/41 |
3,800 | 3,789,809 | ||||||
| AMT, 5.00%, 10/01/34 |
450 | 446,541 | ||||||
| County of Miami-Dade Seaport Department, ARB(e) |
||||||||
| Series A, 5.38%, 10/01/23 |
1,170 | 1,192,369 | ||||||
| Series A, 6.00%, 10/01/23 |
4,780 | 4,898,061 | ||||||
| Series B, AMT, 6.00%, 10/01/23 |
3,765 | 3,847,542 | ||||||
| Series B, AMT, 6.25%, 10/01/23 |
1,500 | 1,536,195 | ||||||
| County of Osceola Florida Transportation Revenue, Refunding RB(f) |
||||||||
| Series A-2, 0.00%, 10/01/38 |
1,000 | 394,822 | ||||||
| Series A-2, 0.00%, 10/01/41 |
1,900 | 622,843 | ||||||
| Series A-2, 0.00%, 10/01/42 |
2,210 | 681,279 | ||||||
| Series A-2, 0.00%, 10/01/43 |
2,010 | 580,948 | ||||||
| Series A-2, 0.00%, 10/01/44 |
2,055 | 554,994 | ||||||
| Series A-2, 0.00%, 10/01/45 |
2,725 | 687,815 | ||||||
| Escambia County Health Facilities Authority, Refunding RB, 4.00%, 08/15/50 |
5,000 | 3,755,515 | ||||||
| Florida Development Finance Corp., RB(c) |
||||||||
| 6.50%, 06/30/57 |
1,230 | 1,125,070 | ||||||
| AMT, 5.00%, 05/01/29 |
1,275 | 1,194,225 | ||||||
| Florida Development Finance Corp., Refunding RB, 5.00%, 09/15/40(c) |
710 | 631,709 | ||||||
| Greater Orlando Aviation Authority, ARB |
2,370 | 1,950,316 | ||||||
| Security | Par (000) |
Value | ||||||
| Florida (continued) | ||||||||
| Greater Orlando Aviation Authority, ARB (continued) |
| |||||||
| Series A, AMT, 4.00%, 10/01/52 |
$ | 3,260 | $ | 2,551,094 | ||||
| Sub-Series A, AMT, 5.00%, 10/01/47 |
16,620 | 15,906,753 | ||||||
| Hillsborough County Aviation Authority, Refunding RB, Sub-Series A, AMT, 5.50%, 10/01/23(e) |
1,995 | 2,027,239 | ||||||
| Lakewood Ranch Stewardship District, SAB |
||||||||
| 5.25%, 05/01/37 |
240 | 230,079 | ||||||
| 3.85%, 05/01/39 |
450 | 361,311 | ||||||
| 5.38%, 05/01/47 |
260 | 242,611 | ||||||
| 4.00%, 05/01/49 |
675 | 502,329 | ||||||
| Lakewood Ranch Stewardship District, SAB, S/F Housing |
||||||||
| 4.00%, 05/01/40 |
365 | 302,124 | ||||||
| 4.00%, 05/01/50 |
605 | 452,268 | ||||||
| Lee County Housing Finance Authority, RB, S/F Housing, Series A-2, AMT, (FHLMC, FNMA, GNMA), 6.00%, 09/01/40 |
25 | 25,010 | ||||||
| Miami-Dade County Educational Facilities Authority, Refunding RB, Series A, 5.00%, 04/01/40 |
6,595 | 6,627,171 | ||||||
| Miami-Dade County Seaport Department, Refunding RB, Series A-1, AMT, (AGM), 4.00%, 10/01/45 |
2,885 | 2,413,646 | ||||||
| Orange County Health Facilities Authority, RB, 4.00%, 10/01/52 |
6,605 | 5,126,266 | ||||||
| Orange County Health Facilities Authority, Refunding RB |
||||||||
| 5.00%, 08/01/41 |
1,325 | 1,381,136 | ||||||
| 5.00%, 08/01/47 |
3,845 | 3,991,856 | ||||||
| Orange County Housing Finance Authority, RB, S/F Housing, Series A, (FHLMC, FNMA, GNMA), 3.75%, 09/01/47 |
335 | 288,779 | ||||||
| Palm Beach County Health Facilities Authority, RB |
||||||||
| Series B, 4.00%, 11/15/41 |
160 | 126,566 | ||||||
| Series B, 5.00%, 11/15/42 |
300 | 281,870 | ||||||
| Putnam County Development Authority, Refunding RB, Series A, 5.00%, 03/15/42 |
4,140 | 4,198,519 | ||||||
| Reedy Creek Improvement District, GO, Series A, 5.25%, 06/01/23(e) |
2,820 | 2,853,452 | ||||||
| Seminole Improvement District, RB |
||||||||
| 5.00%, 10/01/32 |
255 | 242,803 | ||||||
| 5.30%, 10/01/37 |
290 | 269,640 | ||||||
| Storey Creek Community Development District, SAB |
||||||||
| 4.00%, 12/15/39 |
415 | 337,488 | ||||||
| 4.13%, 12/15/49 |
350 | 265,179 | ||||||
| Village Community Development District No.14, SAB, 5.50%, 05/01/53 |
1,955 | 1,961,934 | ||||||
|
|
|
|||||||
| 94,967,313 | ||||||||
| Georgia — 3.7% | ||||||||
| Development Authority for Fulton County, RB, 4.00%, 07/01/49 |
1,855 | 1,522,504 | ||||||
| East Point Business & Industrial Development Authority, RB, Series A, 5.25%, 06/15/62(c) |
715 | 596,652 | ||||||
| Gainesville & Hall County Hospital Authority, RB, Class A, 4.00%, 02/15/51 |
2,875 | 2,289,541 | ||||||
| George L Smith II Congress Center Authority, RB, 4.00%, 01/01/54 |
430 | 319,198 | ||||||
| Georgia Housing & Finance Authority, RB, S/F Housing, 3.60%, 12/01/44 |
1,615 | 1,279,256 | ||||||
| Georgia Housing & Finance Authority, Refunding RB, S/F Housing, 3.70%, 06/01/49 |
1,435 | 1,169,290 | ||||||
| Georgia Ports Authority, RB, 4.00%, 07/01/52 |
1,345 | 1,120,748 | ||||||
| 3 |
|
| Schedule of Investments (unaudited) (continued) October 31, 2022 |
BlackRock MuniYield Quality Fund, Inc. (MQY) (Percentages shown are based on Net Assets) |
| Security | Par (000) |
Value | ||||||
| Georgia (continued) | ||||||||
| LaGrange-Troup County Hospital Authority, Refunding RB, 4.00%, 04/01/47 |
$ | 2,980 | $ | 2,425,610 | ||||
| Main Street Natural Gas Inc., RB |
||||||||
| Series A, 5.00%, 05/15/37 |
1,475 | 1,412,882 | ||||||
| Series A, 5.00%, 05/15/38 |
910 | 864,779 | ||||||
| Series A, 5.00%, 05/15/43 |
1,620 | 1,499,375 | ||||||
| Series A, 5.00%, 05/15/49 |
1,230 | 1,116,502 | ||||||
| Series B, 5.00%, 12/01/52(a) |
6,690 | 6,604,903 | ||||||
| Municipal Electric Authority of Georgia, RB |
||||||||
| 4.00%, 01/01/49 |
1,005 | 808,795 | ||||||
| 5.00%, 01/01/56 |
1,370 | 1,265,359 | ||||||
| Municipal Electric Authority of Georgia, Refunding RB, Series EE, (AMBAC), 7.00%, 01/01/25 |
7,475 | 7,895,222 | ||||||
| Private Colleges & Universities Authority, RB, 5.00%, 04/01/24(e) |
330 | 338,031 | ||||||
|
|
|
|||||||
| 32,528,647 | ||||||||
| Hawaii — 0.1% | ||||||||
| State of Hawaii Airports System Revenue, COP |
||||||||
| AMT, 5.25%, 08/01/25 |
485 | 490,766 | ||||||
| AMT, 5.25%, 08/01/26 |
525 | 531,148 | ||||||
|
|
|
|||||||
| 1,021,914 | ||||||||
| Illinois — 12.6% | ||||||||
| Chicago Board of Education, GO |
||||||||
| Series A, 5.00%, 12/01/34 |
3,665 | 3,484,447 | ||||||
| Series A, 5.00%, 12/01/40 |
4,090 | 3,712,955 | ||||||
| Series A, 5.00%, 12/01/47 |
1,265 | 1,090,372 | ||||||
| Series C, 5.25%, 12/01/35 |
970 | 925,028 | ||||||
| Series D, 5.00%, 12/01/46 |
1,230 | 1,067,150 | ||||||
| Series H, 5.00%, 12/01/36 |
295 | 271,704 | ||||||
| Chicago Board of Education, Refunding GO |
||||||||
| Series A, 0.00%, 12/01/25(f) |
590 | 515,608 | ||||||
| Series A, 5.00%, 12/01/30 |
2,225 | 2,169,942 | ||||||
| Series C, 5.00%, 12/01/25 |
415 | 413,910 | ||||||
| Series D, 5.00%, 12/01/25 |
530 | 528,608 | ||||||
| Series G, 5.00%, 12/01/34 |
290 | 275,353 | ||||||
| Chicago Midway International Airport, Refunding ARB |
||||||||
| Series A, AMT, 2nd Lien, 5.00%, 01/01/34 |
1,475 | 1,461,424 | ||||||
| Series A, AMT, 2nd Lien, 5.00%, 01/01/41 |
2,070 | 1,974,000 | ||||||
| Chicago Midway International Airport, Refunding RB, Series B, 5.00%, 01/01/46 |
7,060 | 6,873,694 | ||||||
| Chicago O’Hare International Airport, ARB |
||||||||
| Series A, AMT,Senior Lien, 4.38%, 01/01/53 |
2,780 | 2,370,156 | ||||||
| Series D, Senior Lien, 5.25%, 01/01/42 |
6,885 | 7,007,505 | ||||||
| Chicago O’Hare International Airport, Refunding ARB, Series C, AMT, Senior Lien, 5.38%, 01/01/39 |
4,090 | 4,096,544 | ||||||
| Chicago O’Hare International Airport, Refunding RB, Series B, AMT, 5.00%, 01/01/31 |
2,500 | 2,503,182 | ||||||
| Chicago Transit Authority Sales Tax Receipts Fund, RB, 5.25%, 12/01/49 |
1,610 | 1,629,186 | ||||||
| Chicago Transit Authority Sales Tax Receipts Fund, Refunding RB, Series A, 5.00%, 12/01/57 |
2,575 | 2,374,593 | ||||||
| Cook County Community College District No.508, GO |
||||||||
| 5.50%, 12/01/38 |
1,000 | 1,009,135 | ||||||
| 5.25%, 12/01/43 |
1,500 | 1,505,754 | ||||||
| Illinois Finance Authority, Refunding RB |
||||||||
| Series A, 5.00%, 11/15/45 |
2,945 | 2,805,687 | ||||||
| Series B, 4.00%, 08/15/41 |
1,100 | 926,370 | ||||||
| Series C, 4.13%, 08/15/37 |
2,430 | 2,123,446 | ||||||
| Security | Par (000) |
Value | ||||||
| Illinois (continued) | ||||||||
| Illinois Finance Authority, Refunding RB (continued) |
||||||||
| Series C, 5.00%, 08/15/44 |
$ | 820 | $ | 782,082 | ||||
| Illinois Housing Development Authority, RB, S/F Housing, Series A, (FHLMC, FNMA, GNMA), 4.13%, 10/01/38 |
320 | 295,399 | ||||||
| Kane McHenry Cook & De Kalb Counties Unit School District No.300, Refunding GO, 5.25%, 01/01/33 |
9,145 | 9,173,477 | ||||||
| Metropolitan Pier & Exposition Authority, RB |
||||||||
| Series A, (NPFGC), 0.00%, 12/15/26(f) |
5,000 | 4,100,250 | ||||||
| Series A, (NPFGC), 0.00%, 12/15/33(f) |
9,950 | 5,653,948 | ||||||
| Series A, 5.00%, 06/15/57 |
3,005 | 2,712,544 | ||||||
| Metropolitan Pier & Exposition Authority, RB, CAB(f) |
||||||||
| (BAM-TCRS), 0.00%, 12/15/56 |
2,965 | 448,590 | ||||||
| Series A, (NPFGC), 0.00%, 06/15/30 |
14,205 | 9,805,001 | ||||||
| Series A, (NPFGC), 0.00%, 06/15/30(g) |
800 | 587,964 | ||||||
| Metropolitan Pier & Exposition Authority, Refunding RB |
||||||||
| 4.00%, 06/15/50 |
1,690 | 1,272,803 | ||||||
| Series B, (AGM), 0.00%, 06/15/44(f) |
8,075 | 2,477,289 | ||||||
| Series B, (BAM-TCRS), 0.00%, 12/15/54(f) |
4,140 | 704,102 | ||||||
| Regional Transportation Authority, RB, Series B, (NPFGC), 5.75%, 06/01/33 |
3,200 | 3,533,325 | ||||||
| State of Illinois, GO |
||||||||
| 5.25%, 02/01/30 |
2,010 | 2,015,620 | ||||||
| 5.25%, 02/01/32 |
2,330 | 2,334,022 | ||||||
| 5.50%, 07/01/33 |
2,920 | 2,928,100 | ||||||
| 5.25%, 02/01/34 |
1,610 | 1,610,908 | ||||||
| 5.50%, 07/01/38 |
2,700 | 2,702,449 | ||||||
| 5.50%, 05/01/39 |
2,785 | 2,799,404 | ||||||
| Series D, 5.00%, 11/01/27 |
440 | 441,522 | ||||||
|
|
|
|||||||
| 109,494,552 | ||||||||
| Indiana — 0.5% | ||||||||
| City of Valparaiso Indiana, RB, AMT, 6.75%, 01/01/34 |
1,350 | 1,370,543 | ||||||
| Indiana Finance Authority, RB, Series A, AMT, 5.00%, 07/01/23(e) |
3,285 | 3,309,703 | ||||||
|
|
|
|||||||
| 4,680,246 | ||||||||
| Iowa — 0.1% | ||||||||
| Iowa Student Loan Liquidity Corp., Refunding RB, Series B, AMT, 3.00%, 12/01/39 |
345 | 270,924 | ||||||
| Iowa Tobacco Settlement Authority, Refunding RB, Series B2, Subordinate, 0.00%, 06/01/65(f) |
10,850 | 998,721 | ||||||
|
|
|
|||||||
| 1,269,645 | ||||||||
| Kansas — 0.1% | ||||||||
| City of Lenexa Kansas, Refunding RB, Series A, 5.00%, 05/15/43 |
550 | 509,603 | ||||||
|
|
|
|||||||
| Kentucky — 0.4% | ||||||||
| City of Henderson Kentucky, RB, Series SE, Class A, AMT, 4.70%, 01/01/52(c) |
1,575 | 1,271,157 | ||||||
| Kentucky Public Energy Authority, RB, Series A-1, 4.00%, 08/01/52(a) |
2,000 | 1,828,356 | ||||||
|
|
|
|||||||
| 3,099,513 | ||||||||
| Louisiana — 1.6% | ||||||||
| Jefferson Sales Tax District, RB |
||||||||
| Series B, (AGM), 5.00%, 12/01/34 |
330 | 344,407 | ||||||
| Series B, (AGM), 5.00%, 12/01/35 |
440 | 457,705 | ||||||
| Series B, (AGM), 5.00%, 12/01/36 |
395 | 409,835 | ||||||
| Series B, (AGM), 5.00%, 12/01/37 |
495 | 512,318 | ||||||
| Lake Charles Harbor & Terminal District, ARB, Series B, AMT, (AGM), 5.50%, 01/01/29 |
1,500 | 1,527,382 | ||||||
| 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, 2022 |
BlackRock MuniYield Quality Fund, Inc. (MQY) (Percentages shown are based on Net Assets) |
| Security | Par (000) |
Value | ||||||
| Louisiana (continued) | ||||||||
| Louisiana Public Facilities Authority, Refunding RB |
||||||||
| 5.00%, 05/15/42 |
$ | 4,600 | $ | 4,553,195 | ||||
| 5.00%, 05/15/47 |
1,895 | 1,840,039 | ||||||
| New Orleans Aviation Board, RB, Series B, AMT, 5.00%, 01/01/45 |
4,620 | 4,391,698 | ||||||
|
|
|
|||||||
| 14,036,579 | ||||||||
| Maine — 0.0% | ||||||||
| Maine State Housing Authority, RB, S/F Housing, Series B, 3.35%, 11/15/44 |
465 | 346,604 | ||||||
|
|
|
|||||||
| Maryland — 4.1% | ||||||||
| Anne Arundel County Consolidated Special Taxing District, Refunding ST, 5.00%, 07/01/32 |
500 | 506,299 | ||||||
| Anne Arundel County Consolidated Special Taxing District, ST, 5.25%, 07/01/44 |
250 | 234,620 | ||||||
| City of Baltimore Maryland, RB |
||||||||
| Series A, 5.00%, 01/01/24(e) |
1,000 | 1,019,906 | ||||||
| Series A, 5.00%, 07/01/41 |
100 | 101,066 | ||||||
| Series A, 5.00%, 07/01/46 |
3,040 | 3,047,697 | ||||||
| Series A, 4.00%, 07/01/49 |
3,380 | 2,915,987 | ||||||
| Series C, 5.00%, 01/01/24(e) |
1,000 | 1,020,078 | ||||||
| City of Baltimore Maryland, Refunding RB |
||||||||
| 5.00%, 09/01/46 |
750 | 605,875 | ||||||
| Series A, 4.50%, 09/01/33 |
185 | 174,169 | ||||||
| Series A, 5.00%, 09/01/38 |
250 | 239,113 | ||||||
| City of Baltimore Maryland, Refunding TA(c) |
||||||||
| Series A, Senior Lien, 3.50%, 06/01/39 |
650 | 508,572 | ||||||
| Series A, Senior Lien, 3.63%, 06/01/46 |
1,095 | 802,682 | ||||||
| City of Baltimore Maryland, TA(c) |
||||||||
| Series B, 3.70%, 06/01/39 |
200 | 160,792 | ||||||
| Series B, 3.88%, 06/01/46 |
300 | 229,577 | ||||||
| County of Anne Arundel Maryland, Refunding RB, 3.25%, 09/01/28 |
360 | 342,582 | ||||||
| County of Baltimore Maryland, Refunding RB, 4.00%, 01/01/50 |
500 | 422,768 | ||||||
| County of Frederick Maryland, Refunding TA, 4.63%, 07/01/43(c) |
235 | 208,870 | ||||||
| County of Howard Maryland, TA |
||||||||
| 6.10%, 02/15/44 |
250 | 251,224 | ||||||
| Series A, 4.50%, 02/15/47(c) |
500 | 414,018 | ||||||
| County of Montgomery Maryland, RB, 4.00%, 12/01/44 |
750 | 636,823 | ||||||
| County of Prince George’s Maryland, TA, 5.25%, 07/01/48(c) |
300 | 275,612 | ||||||
| Howard County Housing Commission, RB, M/F Housing |
||||||||
| 5.00%, 12/01/42 |
500 | 503,805 | ||||||
| 4.00%, 06/01/46 |
500 | 422,814 | ||||||
| Series A, 5.00%, 06/01/44 |
550 | 550,741 | ||||||
| Maryland Community Development Administration, RB, M/F Housing, Series D, 3.70%, 07/01/35 |
500 | 460,713 | ||||||
| Maryland Community Development Administration, Refunding RB, Series D, 3.25%, 09/01/50 |
445 | 427,044 | ||||||
| Maryland Economic Development Corp., ARB, AMT, 5.00%, 06/01/49 |
250 | 225,021 | ||||||
| Maryland Economic Development Corp., RB |
||||||||
| 5.00%, 07/01/56 |
390 | 340,825 | ||||||
| Class B, AMT, 5.25%, 06/30/55 |
2,920 | 2,792,367 | ||||||
| Maryland Economic Development Corp., Refunding RB |
||||||||
| 5.00%, 07/01/37 |
500 | 472,322 | ||||||
| 5.00%, 07/01/39 |
500 | 463,323 | ||||||
| (AGM), 5.00%, 06/01/43 |
1,350 | 1,404,667 | ||||||
| Security | Par (000) |
Value | ||||||
| Maryland (continued) | ||||||||
| Maryland Economic Development Corp., Refunding RB (continued) |
||||||||
| Series A, 5.00%, 06/01/35 |
$ | 100 | $ | 101,003 | ||||
| Maryland Health & Higher Educational Facilities Authority, RB |
||||||||
| 4.00%, 07/01/48 |
300 | 239,917 | ||||||
| Series 2017, 5.00%, 12/01/46 |
250 | 248,389 | ||||||
| Series A, 5.00%, 05/15/42 |
2,330 | 2,282,804 | ||||||
| Series B, 4.00%, 04/15/45 |
250 | 205,074 | ||||||
| Maryland Health & Higher Educational Facilities Authority, Refunding RB |
||||||||
| 4.00%, 07/01/24(e) |
100 | 101,183 | ||||||
| 5.00%, 07/01/24(e) |
700 | 719,520 | ||||||
| 5.00%, 06/01/29 |
500 | 500,313 | ||||||
| 5.00%, 07/01/34 |
510 | 520,990 | ||||||
| 5.00%, 07/01/35 |
200 | 201,305 | ||||||
| 5.00%, 07/01/40 |
1,000 | 955,927 | ||||||
| 4.00%, 07/01/41 |
500 | 426,853 | ||||||
| 5.00%, 08/15/42 |
1,000 | 979,050 | ||||||
| 4.13%, 07/01/47 |
500 | 414,024 | ||||||
| Series A, 5.00%, 01/01/28 |
100 | 100,821 | ||||||
| Series A, 5.00%, 01/01/45 |
500 | 470,513 | ||||||
| Maryland State Transportation Authority Passenger Facility Charge Revenue, ARB, AMT, 4.00%, 06/01/29 |
1,925 | 1,849,596 | ||||||
| Montgomery County Housing Opportunities Commission, Refunding RB, S/F Housing, Series C, AMT, 3.30%, 07/01/39 |
2,830 | 2,316,247 | ||||||
| Washington Suburban Sanitary Commission, RB, Second Series, (GTD), 4.00%, 06/01/41 |
875 | 817,342 | ||||||
|
|
|
|||||||
| 35,632,843 | ||||||||
| Massachusetts — 5.1% | ||||||||
| Commonwealth of Massachusetts, GO |
||||||||
| Series A, 5.00%, 03/01/46 |
4,495 | 4,529,405 | ||||||
| Series C, 5.00%, 07/01/45 |
1,000 | 1,015,302 | ||||||
| Massachusetts Bay Transportation Authority Sales Tax Revenue, Refunding RB, Series A, 5.25%, 07/01/29 |
730 | 811,136 | ||||||
| Massachusetts Development Finance Agency, RB |
||||||||
| 5.00%, 10/01/46 |
500 | 474,835 | ||||||
| 5.00%, 07/01/47 |
580 | 564,144 | ||||||
| 5.00%, 10/01/48 |
200 | 163,206 | ||||||
| Series A, 5.25%, 01/01/42 |
500 | 496,858 | ||||||
| Series A, (AMBAC), 5.75%, 01/01/42 |
650 | 749,053 | ||||||
| Series A, 5.00%, 01/01/47 |
5,945 | 5,582,658 | ||||||
| Massachusetts Development Finance Agency, Refunding RB |
||||||||
| 5.00%, 07/01/37 |
150 | 144,890 | ||||||
| 4.00%, 07/01/39 |
2,545 | 2,194,617 | ||||||
| 5.00%, 04/15/40 |
1,000 | 950,718 | ||||||
| 4.00%, 07/01/41 |
7,685 | 6,673,354 | ||||||
| 4.13%, 10/01/42(c) |
550 | 518,354 | ||||||
| 4.00%, 12/01/42 |
485 | 390,038 | ||||||
| 5.00%, 12/01/42 |
525 | 499,953 | ||||||
| 5.00%, 09/01/43 |
500 | 480,406 | ||||||
| 4.00%, 07/01/44 |
250 | 228,729 | ||||||
| Series A, 4.00%, 06/01/29(e) |
420 | 434,438 | ||||||
| Series A, 5.00%, 06/01/29(e) |
250 | 273,284 | ||||||
| Series A-2, 4.00%, 07/01/41 |
100 | 86,836 | ||||||
| Series E, 4.00%, 07/01/38 |
500 | 433,650 | ||||||
| Series P, 5.45%, 05/15/59 |
1,500 | 1,634,176 | ||||||
| 5 |
|
| Schedule of Investments (unaudited) (continued) October 31, 2022 |
BlackRock MuniYield Quality Fund, Inc. (MQY) (Percentages shown are based on Net Assets) |
| Security | Par (000) |
Value | ||||||
| Massachusetts (continued) | ||||||||
| Massachusetts Educational Financing Authority, RB |
||||||||
| AMT, 5.00%, 01/01/27 |
$ | 1,000 | $ | 1,020,697 | ||||
| Series B, AMT, 2.63%, 07/01/36 |
100 | 79,846 | ||||||
| AMT, Subordinate, 3.75%, 07/01/47 |
2,135 | 1,583,068 | ||||||
| Series C, AMT, Subordinate, 3.00%, 07/01/51 |
1,880 | 1,157,849 | ||||||
| Massachusetts Educational Financing Authority, Refunding RB, AMT, 3.50%, 07/01/33 |
90 | 83,137 | ||||||
| Massachusetts Health & Educational Facilities Authority, Refunding RB, Series M, 5.50%, 02/15/27 |
1,000 | 1,084,220 | ||||||
| Massachusetts Housing Finance Agency, RB, M/F Housing |
||||||||
| Series A, 3.80%, 12/01/43 |
500 | 403,156 | ||||||
| Series A, 3.85%, 06/01/46 |
130 | 101,974 | ||||||
| Series A-1, (FHA 542(C)), 3.10%, 06/01/60 |
1,245 | 751,735 | ||||||
| Series C-1, 3.15%, 12/01/49 |
1,000 | 667,350 | ||||||
| Series D-1, 2.55%, 12/01/50 |
295 | 182,500 | ||||||
| Massachusetts Housing Finance Agency, Refunding RB |
||||||||
| Series A, AMT, 4.45%, 12/01/42 |
1,470 | 1,278,565 | ||||||
| Series A, AMT, 4.50%, 12/01/47 |
395 | 349,065 | ||||||
| Massachusetts Housing Finance Agency, Refunding RB, S/F Housing, Series 214, (FHLMC, FNMA, GNMA), 2.95%, 12/01/44 |
465 | 348,608 | ||||||
| Massachusetts Port Authority, ARB, Series B, AMT, 5.00%, 07/01/45 |
1,750 | 1,699,887 | ||||||
| Massachusetts School Building Authority, RB |
||||||||
| Series A, 5.00%, 08/15/45 |
750 | 775,936 | ||||||
| Sub-Series B, 4.00%, 02/15/43 |
1,780 | 1,584,700 | ||||||
| Massachusetts State College Building Authority, Refunding RB, Series B, (AGC SAP), 5.50%, 05/01/39 |
825 | 930,305 | ||||||
| University of Massachusetts Building Authority, RB, Series 1, 5.00%, 11/01/39(e) |
500 | 500,000 | ||||||
|
|
|
|||||||
| 43,912,638 | ||||||||
| Michigan — 5.7% | ||||||||
| Eastern Michigan University, RB |
||||||||
| Series A, (AGM), 4.00%, 03/01/44 |
1,455 | 1,296,504 | ||||||
| Series A, 4.00%, 03/01/47 |
1,455 | 1,190,936 | ||||||
| Michigan Finance Authority, RB |
||||||||
| 4.00%, 02/15/47(b) |
5,510 | 4,425,792 | ||||||
| 4.00%, 02/15/50(b) |
6,975 | 5,463,936 | ||||||
| Series A, 4.00%, 11/15/50 |
5,680 | 4,460,640 | ||||||
| Michigan Finance Authority, Refunding RB |
||||||||
| 4.00%, 11/15/46 |
3,420 | 2,777,105 | ||||||
| Series A, 4.00%, 12/01/40 |
7,000 | 6,099,310 | ||||||
| Michigan State Building Authority, Refunding RB, 4.00%, 04/15/54 |
3,765 | 3,137,416 | ||||||
| Michigan State Housing Development Authority, RB, M/F Housing |
||||||||
| Series A, 2.45%, 10/01/46 |
2,275 | 1,418,058 | ||||||
| Series A, 4.05%, 10/01/48 |
1,855 | 1,537,630 | ||||||
| Series A, 4.15%, 10/01/53 |
1,885 | 1,549,928 | ||||||
| Series A, 2.70%, 10/01/56 |
8,210 | 4,801,618 | ||||||
| Series A-1, 3.35%, 10/01/49 |
3,465 | 2,519,318 | ||||||
| Michigan State Housing Development Authority, RB, S/F Housing, Series B, 2.95%, 12/01/39 |
675 | 520,239 | ||||||
| Michigan State University, Refunding RB, Series B, 5.00%, 02/15/48 |
1,505 | 1,536,211 | ||||||
| Michigan Strategic Fund, RB, AMT, 5.00%, 12/31/43 |
6,310 | 5,581,504 | ||||||
| Western Michigan University, Refunding RB, (AGM), 5.00%, 11/15/23(e) |
900 | 916,007 | ||||||
|
|
|
|||||||
| 49,232,152 | ||||||||
| Security | Par (000) |
Value | ||||||
| Minnesota — 0.2% | ||||||||
| Minnesota Higher Education Facilities Authority, RB, Series A, 5.00%, 10/01/47 |
$ | 1,615 | $ | 1,562,966 | ||||
|
|
|
|||||||
| Missouri — 0.3% | ||||||||
| Health & Educational Facilities Authority of the State of Missouri, RB, 4.00%, 11/15/42 |
1,015 | 869,772 | ||||||
| Missouri Housing Development Commission, RB, S/F Housing, Class B, (FHLMC, FNMA, GNMA), 2.20%, 11/01/46 |
2,635 | 1,718,054 | ||||||
|
|
|
|||||||
| 2,587,826 | ||||||||
| Montana — 0.0% | ||||||||
| City of Kalispell MT, Refunding RB, Series A, 5.25%, 05/15/37 |
170 | 155,914 | ||||||
|
|
|
|||||||
| Nebraska — 0.7% | ||||||||
| Central Plains Energy Project, RB, Series 1, 5.00%, 05/01/53(a) |
6,265 | 6,137,163 | ||||||
|
|
|
|||||||
| Nevada — 1.1% | ||||||||
| Las Vegas Convention & Visitors Authority, RB, Series B, 4.00%, 07/01/49 |
2,000 | 1,620,006 | ||||||
| Las Vegas Valley Water District Refunding GO, Series A, 5.00%, 06/01/46 |
8,185 | 8,341,227 | ||||||
|
|
|
|||||||
| 9,961,233 | ||||||||
| New Hampshire — 0.4% | ||||||||
| New Hampshire Business Finance Authority, Refunding RB(a)(c) |
||||||||
| Series A, 3.63%, 07/01/43 |
265 | 205,670 | ||||||
| Series B, AMT, 3.75%, 07/01/45 |
1,075 | 819,266 | ||||||
| New Hampshire Housing Finance Authority, RB, M/F Housing, Series 1, (FHA), 4.00%, 07/01/52 |
3,200 | 2,501,072 | ||||||
|
|
|
|||||||
| 3,526,008 | ||||||||
| New Jersey — 9.3% | ||||||||
| Hudson County Improvement Authority, RB, 5.00%, 05/01/46 |
1,930 | 1,957,435 | ||||||
| New Jersey Economic Development Authority, RB |
||||||||
| Series WW, 5.25%, 06/15/25(e) |
40 | 41,966 | ||||||
| Series WW, 5.25%, 06/15/33 |
370 | 375,084 | ||||||
| Series WW, 5.00%, 06/15/34 |
485 | 487,046 | ||||||
| Series WW, 5.00%, 06/15/36 |
2,205 | 2,203,461 | ||||||
| Series WW, 5.25%, 06/15/40 |
715 | 716,209 | ||||||
| AMT, (AGM), 5.00%, 01/01/31 |
900 | 899,448 | ||||||
| AMT, 5.13%, 01/01/34 |
1,620 | 1,575,798 | ||||||
| AMT, 5.38%, 01/01/43 |
2,115 | 2,000,750 | ||||||
| New Jersey Economic Development Authority, Refunding RB |
||||||||
| Series BBB, 5.50%, 12/15/26(e) |
5,360 | 5,806,627 | ||||||
| Sub-Series A, 4.00%, 07/01/32 |
1,510 | 1,407,621 | ||||||
| New Jersey Higher Education Student Assistance Authority, RB |
||||||||
| Series B, AMT, 3.50%, 12/01/39 |
755 | 642,664 | ||||||
| Series C, AMT, Subordinate, 4.25%, 12/01/50 |
2,135 | 1,684,519 | ||||||
| New Jersey Higher Education Student Assistance Authority, Refunding RB |
||||||||
| Series B, AMT, 3.25%, 12/01/39 |
5,985 | 5,000,982 | ||||||
| Series B, AMT, 4.00%, 12/01/41 |
3,180 | 2,862,754 | ||||||
| Sub-Series C, AMT, 3.63%, 12/01/49 |
1,725 | 1,296,313 | ||||||
| New Jersey Housing & Mortgage Finance Agency, Refunding RB, 2nd Series, AMT, 4.35%, 11/01/33 |
2,195 | 2,121,349 | ||||||
| New Jersey Transportation Trust Fund Authority, RB Series A, (NPFGC), 5.75%, 06/15/25 |
2,000 | 2,088,396 | ||||||
| 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, 2022 |
BlackRock MuniYield Quality Fund, Inc. (MQY) (Percentages shown are based on Net Assets) |
| Security | Par (000) |
Value | ||||||
| New Jersey (continued) | ||||||||
| New Jersey Transportation Trust Fund Authority, RB (continued) |
||||||||
| Series A, 0.00%, 12/15/29(f) |
$ | 7,530 | $ | 5,428,957 | ||||
| Series AA, 5.25%, 06/15/33 |
3,525 | 3,541,166 | ||||||
| Series AA, 5.00%, 06/15/38 |
4,325 | 4,255,973 | ||||||
| Series AA, 4.13%, 06/15/39 |
1,210 | 1,060,330 | ||||||
| Series AA, 5.50%, 06/15/39 |
7,190 | 7,206,530 | ||||||
| Series AA, 4.00%, 06/15/40 |
1,060 | 903,926 | ||||||
| Series AA, 3.00%, 06/15/50 |
775 | 483,697 | ||||||
| Series AA, 5.00%, 06/15/50 |
2,650 | 2,509,688 | ||||||
| Series BB, 4.00%, 06/15/50 |
4,900 | 3,876,787 | ||||||
| Series D, 5.00%, 06/15/32 |
1,610 | 1,620,700 | ||||||
| New Jersey Transportation Trust Fund Authority, Refunding RB, Series A, 5.00%, 12/15/36 |
180 | 178,632 | ||||||
| South Jersey Transportation Authority, RB, Series A, 4.00%, 11/01/50 |
1,675 | 1,306,009 | ||||||
| Tobacco Settlement Financing Corp., Refunding RB |
||||||||
| Series A, 5.00%, 06/01/34 |
2,180 | 2,189,978 | ||||||
| Series A, 5.00%, 06/01/36 |
3,220 | 3,204,576 | ||||||
| Series A, 4.00%, 06/01/37 |
2,020 | 1,791,756 | ||||||
| Sub-Series B, 5.00%, 06/01/46 |
8,970 | 8,217,803 | ||||||
|
|
|
|||||||
| 80,944,930 | ||||||||
| New Mexico — 0.0% | ||||||||
| City of Santa Fe New Mexico, RB |
||||||||
| Series A, 5.00%, 05/15/44 |
200 | 165,923 | ||||||
| Series A, 5.00%, 05/15/49 |
270 | 214,861 | ||||||
|
|
|
|||||||
| 380,784 | ||||||||
| New York — 10.4% | ||||||||
| City of New York, GO |
||||||||
| Series A-1, 5.00%, 08/01/47 |
930 | 947,934 | ||||||
| Series B, 5.25%, 10/01/41 |
1,955 | 2,068,134 | ||||||
| Metropolitan Transportation Authority, Refunding RB 5.00%, 11/15/29 |
540 | 543,623 | ||||||
| Series C-1, 5.00%, 11/15/56 |
6,550 | 5,906,816 | ||||||
| New York City Housing Development Corp., RB, M/F Housing |
||||||||
| Series A, 3.00%, 11/01/55 |
1,935 | 1,169,557 | ||||||
| Series I-1, (FHA), 2.55%, 11/01/45 |
6,665 | 4,332,817 | ||||||
| Series I-1, (FHA), 2.70%, 11/01/55 |
1,050 | 632,660 | ||||||
| New York City Municipal Water Finance Authority, RB, Series DD-1, 3.00%, 06/15/50 |
3,000 | 2,037,543 | ||||||
| New York City Transitional Finance Authority Building Aid Revenue, RB, Series S-3, Subordinate, (SAW), 4.00%, 07/15/46 |
2,680 | 2,217,499 | ||||||
| New York City Transitional Finance Authority Future Tax Secured Revenue, RB |
||||||||
| Series A-3, 5.00%, 08/01/40 |
7,285 | 7,429,432 | ||||||
| Subordinate, 3.00%, 05/01/46 |
1,495 | 1,050,921 | ||||||
| Series C, Subordinate, 4.00%, 05/01/45 |
935 | 807,436 | ||||||
| New York Counties Tobacco Trust IV, Refunding RB, Series A, 6.25%, 06/01/41(c) |
1,100 | 1,093,819 | ||||||
| New York Liberty Development Corp., Refunding RB |
||||||||
| Series 1, 5.00%, 11/15/44(c) |
2,630 | 2,301,747 | ||||||
| Series A, 2.88%, 11/15/46 |
14,350 | 9,003,075 | ||||||
| Series A, 3.00%, 11/15/51 |
425 | 263,968 | ||||||
| New York Power Authority, Refunding RB, Series A, 4.00%, 11/15/60 |
1,060 | 875,685 | ||||||
| Security | Par (000) |
Value | ||||||
| New York (continued) | ||||||||
| New York State Housing Finance Agency, RB, M/F Housing |
||||||||
| Series B, (SONYMA), 3.88%, 11/01/48 |
$ | 400 | $ | 310,848 | ||||
| Series L-1, (SONYMA), 2.50%, 11/01/45 |
1,760 | 1,087,694 | ||||||
| New York State Thruway Authority, Series B, Subordinate, 4.00%, 01/01/50 |
510 | 412,144 | ||||||
| New York State Thruway Authority, Refunding RB, Series B, Subordinate, 4.00%, 01/01/39 |
1,175 | 1,045,421 | ||||||
| New York State Urban Development Corp., Refunding RB |
||||||||
| 4.00%, 03/15/41 |
3,300 | 2,988,246 | ||||||
| 4.00%, 03/15/46 |
5,960 | 5,050,915 | ||||||
| New York Transportation Development Corp., ARB AMT, 5.00%, 12/01/36 |
1,650 | 1,557,341 | ||||||
| Series A, AMT, 5.25%, 01/01/50 |
6,045 | 5,565,940 | ||||||
| New York Transportation Development Corp., RB, AMT, 5.00%, 10/01/35 |
3,460 | 3,351,377 | ||||||
| Port Authority of New York & New Jersey RB, 5.25%, 10/15/57 |
5,090 | 5,185,285 | ||||||
| Port Authority of New York & New Jersey, ARB Consolidated, 221st Series, AMT, 4.00%, 07/15/40 |
1,000 | 882,193 | ||||||
| Series 221, AMT, 4.00%, 07/15/55 |
5,155 | 4,125,382 | ||||||
| Port Authority of New York & New Jersey, Refunding ARB Consolidated, 186th Series, AMT, 5.00%, 10/15/36 |
1,475 | 1,479,025 | ||||||
| Series 207, AMT, 4.00%, 09/15/43 |
1,090 | 930,303 | ||||||
| State of New York Mortgage Agency, RB, S/F Housing, Series 239, (SONYMA), 2.60%, 10/01/44 |
3,040 | 1,991,534 | ||||||
| Triborough Bridge & Tunnel Authority, RB, Series D-2, Senior Lien, 5.25%, 05/15/47 |
6,030 | 6,326,495 | ||||||
| Triborough Bridge & Tunnel Authority, Refunding RB |
||||||||
| Series A-1, 5.00%, 05/15/51 |
720 | 731,114 | ||||||
| Series C, 4.13%, 05/15/52 |
5,525 | 4,672,697 | ||||||
|
|
|
|||||||
| 90,376,620 | ||||||||
| North Carolina — 0.1% | ||||||||
| City of Charlotte North Carolina Airport Special Facilities Revenue, Refunding ARB, Series B, AMT, 4.00%, 07/01/51 |
790 | 629,032 | ||||||
| North Carolina Medical Care Commission, RB, 4.00%, 11/01/52 |
445 | 370,436 | ||||||
|
|
|
|||||||
| 999,468 | ||||||||
| Ohio — 2.4% | ||||||||
| Buckeye Tobacco Settlement Financing Authority, Refunding RB, Series B-2, Class 2, 5.00%, 06/01/55 |
11,685 | 9,808,821 | ||||||
| County of Butler Ohio, Refunding RB, 4.00%, 11/15/37 |
1,095 | 959,995 | ||||||
| County of Montgomery Ohio, Refunding RB, 4.00%, 11/15/42 |
715 | 584,159 | ||||||
| Ohio Air Quality Development Authority, RB, AMT, 5.00%, 07/01/49(c) |
260 | 218,111 | ||||||
| Ohio Housing Finance Agency, RB, S/F Housing, Series A, (FHLMC, FNMA, GNMA), 4.00%, 09/01/48 |
370 | 350,859 | ||||||
| Ohio Turnpike & Infrastructure Commission, RB |
||||||||
| Series A-1, Junior Lien, 5.25%, 02/15/31 |
1,000 | 1,006,095 | ||||||
| Series A-1, Junior Lien, 5.25%, 02/15/32 |
950 | 955,790 | ||||||
| Series A-1, Junior Lien, 5.25%, 02/15/33 |
1,325 | 1,333,076 | ||||||
| Ohio Turnpike & Infrastructure Commission, RB, CAB, Series A-2, Junior Lien, 0.00%, 02/15/37(f) |
10,040 | 5,056,164 | ||||||
| State of Ohio, Refunding RB, Series A, 4.00%, 01/15/50 |
1,055 | 819,187 | ||||||
|
|
|
|||||||
| 21,092,257 | ||||||||
| 7 |
|
| Schedule of Investments (unaudited) (continued) October 31, 2022 |
BlackRock MuniYield Quality Fund, Inc. (MQY) (Percentages shown are based on Net Assets) |
| Security | Par (000) |
Value | ||||||
| Oklahoma — 0.3% | ||||||||
| Oklahoma Development Finance Authority, RB, Series B, 5.50%, 08/15/52 |
$ | 760 | $ | 620,785 | ||||
| Oklahoma Turnpike Authority, RB, Series A, 4.00%, 01/01/48 |
1,640 | 1,500,188 | ||||||
| Tulsa County Industrial Authority, Refunding RB, 5.25%, 11/15/37 |
450 | 439,861 | ||||||
|
|
|
|||||||
| 2,560,834 | ||||||||
| Oregon — 0.4% | ||||||||
| Clackamas Community College District, GO(d) |
||||||||
| Series A, 5.00%, 06/15/39 |
605 | 624,691 | ||||||
| Series A, 5.00%, 06/15/40 |
440 | 453,623 | ||||||
| Clackamas County School District No.12 North Clackamas, GO, CAB, Series A, (GTD), 0.00%, 06/15/38(f) |
2,355 | 1,110,587 | ||||||
| Oregon State Facilities Authority, RB, Series A, 4.13%, 06/01/52 |
1,090 | 876,779 | ||||||
| State of Oregon Housing & Community Services Department, RB, S/F Housing, Series C, 3.95%, 07/01/43 |
640 | 521,606 | ||||||
|
|
|
|||||||
| 3,587,286 | ||||||||
| Pennsylvania — 10.1% | ||||||||
| Allegheny County Airport Authority, ARB, Series A, AMT, 5.00%, 01/01/56 |
3,925 | 3,673,368 | ||||||
| Bristol Township School District, GO, (SAW), 5.25%, 06/01/23(e) |
1,500 | 1,518,018 | ||||||
| Bucks County Industrial Development Authority, RB |
||||||||
| 4.00%, 07/01/46 |
225 | 158,207 | ||||||
| 4.00%, 07/01/51 |
200 | 131,091 | ||||||
| City of Philadelphia Pennsylvania Airport Revenue, Refunding ARB |
||||||||
| AMT, 5.00%, 07/01/51 |
3,600 | 3,338,982 | ||||||
| Series B, AMT, 5.00%, 07/01/35 |
755 | 755,979 | ||||||
| Commonwealth Financing Authority, RB, (AGM), 4.00%, 06/01/39 |
2,495 | 2,269,749 | ||||||
| Montgomery County Higher Education and Health |
||||||||
| Authority, Refunding RB |
||||||||
| Class B, 5.00%, 05/01/57 |
4,930 | 4,698,847 | ||||||
| Series A, 4.00%, 09/01/49 |
2,820 | 2,281,950 | ||||||
| Pennsylvania Economic Development Financing Authority, RB |
||||||||
| AMT, 5.00%, 12/31/34 |
10,710 | 10,529,772 | ||||||
| AMT, 5.00%, 12/31/38 |
13,195 | 12,554,924 | ||||||
| AMT, 5.00%, 06/30/42 |
2,455 | 2,291,701 | ||||||
| Pennsylvania Economic Development Financing Authority, Refunding RB |
||||||||
| Series A, 4.00%, 11/15/42 |
2,245 | 1,926,814 | ||||||
| AMT, 5.50%, 11/01/44 |
1,000 | 953,636 | ||||||
| Pennsylvania Higher Education Assistance Agency, RB, Series B, AMT, Subordinate, 3.00%, 06/01/47 |
575 | 373,494 | ||||||
| Pennsylvania Higher Educational Facilities Authority, RB, 4.00%, 08/15/44 |
1,000 | 861,121 | ||||||
| Pennsylvania Higher Educational Facilities Authority, Refunding RB, Series A, 5.00%, 09/01/45 |
6,850 | 6,722,391 | ||||||
| Pennsylvania Housing Finance Agency, Refunding RB, Series 129, 3.40%, 10/01/49 |
3,635 | 2,613,532 | ||||||
| Pennsylvania Housing Finance Agency, Refunding RB, S/F Housing, Series 119, AMT, 3.50%, 10/01/36 |
1,180 | 1,035,328 | ||||||
| Pennsylvania Turnpike Commission, RB Series A, 5.00%, 12/01/38 |
1,480 | 1,488,593 | ||||||
| Security | Par (000) |
Value | ||||||
| Pennsylvania (continued) | ||||||||
| Pennsylvania Turnpike Commission, RB (continued) |
| |||||||
| Series A-1, 5.00%, 12/01/41 |
$ | 3,510 | $ | 3,514,398 | ||||
| Series B, 5.00%, 12/01/40 |
1,375 | 1,379,861 | ||||||
| Series C, 5.50%, 12/01/23(e) |
1,315 | 1,346,339 | ||||||
| Series C, 5.00%, 12/01/39 |
4,775 | 4,801,377 | ||||||
| Series A, Subordinate, 4.00%, 12/01/49 |
1,215 | 971,526 | ||||||
| Series B, Subordinate, 4.00%, 12/01/51 |
665 | 529,135 | ||||||
| Sub-Series A-1, Subordinate, 5.00%, 12/01/41 |
5,155 | 5,144,427 | ||||||
| Pennsylvania Turnpike Commission, Refunding RB 3rd Series, 4.00%, 12/01/38 |
4,915 | 4,347,337 | ||||||
| Series A-1, 5.00%, 12/01/40 |
1,805 | 1,806,538 | ||||||
| School District of Philadelphia, GO, Series A, (SAW), 4.00%, 09/01/46 |
2,110 | 1,750,070 | ||||||
| Westmoreland County Municipal Authority, Refunding RB, (BAM), 5.00%, 08/15/42 |
2,130 | 2,151,673 | ||||||
|
|
|
|||||||
| 87,920,178 | ||||||||
| Puerto Rico — 5.0% | ||||||||
| Children’s Trust Fund, Refunding RB |
||||||||
| 5.50%, 05/15/39 |
430 | 427,678 | ||||||
| 5.63%, 05/15/43 |
1,320 | 1,319,931 | ||||||
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, RB |
||||||||
| Series A-1, Restructured, 4.75%, 07/01/53 |
2,864 | 2,395,851 | ||||||
| Series A-1, Restructured, 5.00%, 07/01/58 |
17,311 | 14,809,924 | ||||||
| Series A-2, Restructured, 4.54%, 07/01/53 |
500 | 401,033 | ||||||
| Series A-2, Restructured, 4.78%, 07/01/58 |
1,528 | 1,267,097 | ||||||
| Series A-2, Restructured, 4.33%, 07/01/40 |
19,762 | 16,768,650 | ||||||
| Series B-1, Restructured, 4.75%, 07/01/53 |
1,377 | 1,146,164 | ||||||
| Series B-2, Restructured, 4.78%, 07/01/58 |
1,335 | 1,101,244 | ||||||
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, RB, CAB, Series A-1, Restructured, 0.00%, 07/01/46(f) |
16,341 | 3,546,356 | ||||||
|
|
|
|||||||
| 43,183,928 | ||||||||
| Rhode Island — 2.1% | ||||||||
| Rhode Island Housing & Mortgage Finance Corp., Refunding RB, S/F Housing, Series 75-A, 2.35%, 10/01/44 |
3,925 | 2,468,311 | ||||||
| Rhode Island Student Loan Authority, RB, Series A, AMT, 3.63%, 12/01/37 |
850 | 740,350 | ||||||
| Rhode Island Turnpike & Bridge Authority, RB |
||||||||
| Series A, 3.00%, 10/01/38 |
375 | 304,675 | ||||||
| Series A, 3.00%, 10/01/39 |
535 | 425,268 | ||||||
| Rhode Island Turnpike & Bridge Authority, Refunding RB, Series A, 5.00%, 10/01/40 |
1,105 | 1,127,435 | ||||||
| Tobacco Settlement Financing Corp., Refunding RB |
||||||||
| Series A, 5.00%, 06/01/35 |
525 | 521,764 | ||||||
| Series B, 4.50%, 06/01/45 |
10,575 | 9,765,685 | ||||||
| Series B, 5.00%, 06/01/50 |
2,630 | 2,558,748 | ||||||
|
|
|
|||||||
| 17,912,236 | ||||||||
| South Carolina — 6.5% | ||||||||
| Charleston County Airport District, ARB(e) |
||||||||
| Series A, AMT, 5.50%, 07/01/23 |
5,225 | 5,293,255 | ||||||
| Series A, AMT, 6.00%, 07/01/23 |
1,955 | 1,985,527 | ||||||
| County of Berkeley South Carolina, SAB |
||||||||
| 4.25%, 11/01/40 |
485 | 379,202 | ||||||
| 4.38%, 11/01/49 |
715 | 524,788 | ||||||
| County of Charleston South Carolina, ARB, 5.25%, 12/01/23(e) |
2,505 | 2,559,093 | ||||||
| S C H E D U L E O F I N V E S T M E N T S |
8 |
| Schedule of Investments (unaudited) (continued) October 31, 2022 |
BlackRock MuniYield Quality Fund, Inc. (MQY) (Percentages shown are based on Net Assets) |
| Security | Par (000) |
Value | ||||||
| South Carolina (continued) | ||||||||
| South Carolina Jobs-Economic Development Authority, RB |
||||||||
| 5.00%, 11/01/43 |
$ | 3,090 | $ | 3,104,446 | ||||
| 5.00%, 01/01/55(c) |
2,290 | 1,792,159 | ||||||
| 7.50%, 08/15/62(c) |
1,455 | 1,313,014 | ||||||
| South Carolina Jobs-Economic Development Authority, Refunding RB |
||||||||
| Series A, 5.00%, 05/01/38 |
5,885 | 5,865,409 | ||||||
| Series A, 4.25%, 05/01/48 |
1,685 | 1,404,011 | ||||||
| South Carolina Ports Authority, ARB |
||||||||
| AMT, 5.00%, 07/01/48 |
530 | 509,577 | ||||||
| AMT, 5.00%, 07/01/55 |
2,790 | 2,647,537 | ||||||
| South Carolina Public Service Authority, RB |
||||||||
| Series A, 5.50%, 12/01/54 |
16,210 | 16,242,825 | ||||||
| Series A, 4.00%, 12/01/55 |
1,950 | 1,536,239 | ||||||
| Series E, 5.50%, 12/01/53 |
1,730 | 1,730,386 | ||||||
| South Carolina Public Service Authority, Refunding RB, 5.00%, 12/01/38 |
4,930 | 4,931,247 | ||||||
| South Carolina State Housing Finance & Development Authority, RB, S/F Housing |
||||||||
| Series A, 2.25%, 07/01/46 |
4,815 | 3,035,573 | ||||||
| Series B, 4.35%, 07/01/47 |
1,690 | 1,489,892 | ||||||
|
|
|
|||||||
| 56,344,180 | ||||||||
| South Dakota — 0.3% | ||||||||
| South Dakota Health & Educational Facilities Authority, Refunding RB, 4.00%, 07/01/42 |
3,000 | 2,564,295 | ||||||
|
|
|
|||||||
| Tennessee — 1.3% | ||||||||
| Greeneville Health & Educational Facilities Board, Refunding RB, Series A, 4.00%, 07/01/40 |
3,550 | 2,988,486 | ||||||
| Metropolitan Nashville Airport Authority, ARB |
||||||||
| Series B, AMT, 5.00%, 07/01/49 |
2,590 | 2,468,076 | ||||||
| Series B, AMT, Subordinate, 5.00%, 07/01/54 |
1,925 | 1,864,484 | ||||||
| Tennergy Corp., RB, Series A, 4.00%, 12/01/51(a) |
4,650 | 4,348,168 | ||||||
|
|
|
|||||||
| 11,669,214 | ||||||||
| Texas — 7.3% | ||||||||
| Brazos Higher Education Authority, Inc., RB, Series 1B, AMT, Subordinate, 3.00%, 04/01/40 |
385 | 262,990 | ||||||
| Central Texas Turnpike System, RB, Series C, 5.00%, 08/15/37 |
3,290 | 3,312,135 | ||||||
| City of Houston Texas Airport System Revenue, ARB, Series A, AMT, 6.63%, 07/15/38 |
1,330 | 1,330,122 | ||||||
| City of Houston Texas Airport System Revenue, Refunding ARB, AMT, 5.00%, 07/15/27 |
765 | 752,733 | ||||||
| City of Houston Texas Airport System Revenue, Refunding RB |
||||||||
| Series A, AMT, 5.00%, 07/01/27 |
740 | 731,520 | ||||||
| Series A, AMT, 4.00%, 07/01/46 |
2,780 | 2,282,811 | ||||||
| Series A, AMT, 4.00%, 07/01/48 |
11,670 | 9,441,123 | ||||||
| Dallas Fort Worth International Airport, Refunding RB, Series F, 5.25%, 11/01/33 |
2,300 | 2,327,823 | ||||||
| Harris County Toll Road Authority Refunding RB, Series A, Senior Lien, 5.00%, 08/15/43(b) |
2,910 | 3,008,862 | ||||||
| Leander Independent School District, Refunding GO, CAB, Series D, (PSF), |
8,085 | 3,906,543 | ||||||
| Midland County Fresh Water Supply District No.1, RB, CAB, Series A, 0.00%, 09/15/27(e)(f) |
5,000 | 2,681,795 | ||||||
| New Hope Cultural Education Facilities Finance Corp., RB, Series A, 5.00%, 08/15/50(c) |
1,210 | 1,034,550 | ||||||
| North Texas Tollway Authority, Refunding RB |
||||||||
| 4.25%, 01/01/49 |
3,620 | 3,109,428 | ||||||
| Series B, 5.00%, 01/01/40 |
1,375 | 1,378,898 | ||||||
| Security | Par (000) |
Value | ||||||
| Texas (continued) | ||||||||
| Port Authority of Houston of Harris County Texas, ARB, 4.00%, 10/01/46 |
$ | 1,575 | $ | 1,360,523 | ||||
| San Antonio Public Facilities Corp., RB, Convertible, 4.00%, 09/15/42 |
4,435 | 3,726,451 | ||||||
| San Antonio Water System, Refunding RB, Series A, Junior Lien, 5.00%, 05/15/48 |
1,355 | 1,374,826 | ||||||
| Tarrant County Cultural Education Facilities Finance Corp., RB |
||||||||
| Series A, 4.00%, 07/01/53 |
1,895 | 1,476,986 | ||||||
| Series A, 5.00%, 07/01/53 |
2,325 | 2,187,523 | ||||||
| Series B, 5.00%, 07/01/36 |
2,390 | 2,432,234 | ||||||
| Tarrant County Cultural Education Facilities Finance Corp., Refunding RB, 5.25%, 12/01/39 |
1,850 | 1,889,375 | ||||||
| Texas City Industrial Development Corp., RB, Series 2012, 4.13%, 12/01/45 |
690 | 574,894 | ||||||
| Texas Department of Housing & Community Affairs, RB, S/F Housing |
||||||||
| Series A, (GNMA), 4.25%, 09/01/43 |
755 | 734,977 | ||||||
| Series A, (GNMA), 3.63%, 09/01/44 |
415 | 348,409 | ||||||
| Series A, (GNMA), 3.75%, 09/01/49 |
220 | 181,024 | ||||||
| Texas Municipal Gas Acquisition & Supply Corp. III, Refunding RB, 5.00%, 12/15/32 |
5,395 | 5,335,828 | ||||||
| Texas Private Activity Bond Surface Transportation Corp., RB |
||||||||
| AMT, 5.00%, 06/30/58 |
1,795 | 1,589,261 | ||||||
| AMT, Senior Lien, 5.00%, 12/31/45 |
3,020 | 2,764,886 | ||||||
| Texas Transportation Commission, RB, CAB(f) |
||||||||
| 0.00%, 08/01/35 |
310 | 148,810 | ||||||
| 0.00%, 08/01/36 |
170 | 76,130 | ||||||
| 0.00%, 08/01/37 |
225 | 93,737 | ||||||
| 0.00%, 08/01/38 |
810 | 314,751 | ||||||
| 0.00%, 08/01/41 |
1,950 | 616,223 | ||||||
| 0.00%, 08/01/44 |
1,010 | 259,248 | ||||||
| 0.00%, 08/01/45 |
1,775 | 424,111 | ||||||
|
|
|
|||||||
| 63,471,540 | ||||||||
| Utah — 0.6% | ||||||||
| City of Salt Lake City Utah Airport Revenue, ARB |
||||||||
| Series A, AMT, 5.00%, 07/01/47 |
2,935 | 2,805,640 | ||||||
| Series A, AMT, 5.00%, 07/01/48 |
1,055 | 1,001,768 | ||||||
| Utah Charter School Finance Authority, RB, Series A, 5.00%, 06/15/49(c) |
485 | 411,260 | ||||||
| Utah Charter School Finance Authority, Refunding RB, 5.00%, 06/15/55(c) |
935 | 750,480 | ||||||
| Utah Housing Corp., RB, S/F Housing, Series D-2, Class III, (FHA), 4.00%, 01/01/36 |
455 | 442,099 | ||||||
|
|
|
|||||||
| 5,411,247 | ||||||||
| Virginia — 1.0% | ||||||||
| Lynchburg Economic Development Authority, Refunding RB, 4.00%, 01/01/55 |
395 | 304,921 | ||||||
| Tobacco Settlement Financing Corp., Refunding RB, Series B-1, 5.00%, 06/01/47 |
4,920 | 4,277,197 | ||||||
| Virginia Housing Development Authority, RB, M/F Housing |
||||||||
| Series E, 3.15%, 12/01/49 |
1,070 | 735,041 | ||||||
| Series I, (FHLMC, FNMA, GNMA), 2.63%, 11/01/53 |
1,190 | 691,584 | ||||||
| Virginia Housing Development Authority, RB, S/F Housing, Series C, 3.70%, 08/01/48 |
3,045 | 2,357,838 | ||||||
|
|
|
|||||||
| 8,366,581 | ||||||||
| Washington — 3.2% | ||||||||
| King County Housing Authority, Refunding RB, 3.00%, 06/01/40 |
490 | 363,775 | ||||||
| 9 |
|
| Schedule of Investments (unaudited) (continued) October 31, 2022 |
BlackRock MuniYield Quality Fund, Inc. (MQY) (Percentages shown are based on Net Assets) |
| Security | Par (000) |
Value | ||||||
| Washington (continued) | ||||||||
| Port of Seattle Washington, ARB |
||||||||
| Series A, AMT, 5.00%, 05/01/43 |
$ | 1,990 | $ | 1,918,722 | ||||
| Series C, AMT, 5.00%, 04/01/40 |
2,395 | 2,364,909 | ||||||
| Port of Seattle, Refunding RB, Series C, AMT, Intermediate Lien, 5.00%, 05/01/42 |
2,655 | 2,580,081 | ||||||
| Snohomish County Housing Authority, Refunding RB, 4.00%, 04/01/44 |
1,140 | 973,287 | ||||||
| Washington Health Care Facilities Authority, RB, 4.00%, 10/01/45 |
1,670 | 1,368,669 | ||||||
| Washington Health Care Facilities Authority, Refunding RB, 5.00%, 10/01/38(b) |
6,820 | 7,080,251 | ||||||
| Washington State Convention Center Public Facilities District, RB, 5.00%, 10/01/38 |
8,075 | 8,186,209 | ||||||
| Washington State Housing Finance Commission, RB, M/F Housing, Series A-1, 3.50%, 12/20/35 |
3,106 | 2,659,433 | ||||||
|
|
|
|||||||
| 27,495,336 | ||||||||
| West Virginia — 0.3% | ||||||||
| West Virginia Hospital Finance Authority, RB, Series A, 4.00%, 06/01/51 |
3,865 | 2,986,903 | ||||||
|
|
|
|||||||
| Wisconsin — 2.1% | ||||||||
| Public Finance Authority, RB |
||||||||
| 5.00%, 10/15/41(c) |
570 | 503,162 | ||||||
| 5.00%, 10/15/56(c) |
225 | 179,323 | ||||||
| Class A, 6.00%, 06/15/52 |
505 | 444,818 | ||||||
| Class A, 6.13%, 06/15/57 |
570 | 502,462 | ||||||
| Series A, 5.00%, 07/15/39(c) |
250 | 214,962 | ||||||
| Series A, 5.00%, 07/01/40(c) |
450 | 391,737 | ||||||
| Series A, 5.00%, 10/15/40(c) |
1,130 | 980,186 | ||||||
| Series A, 5.00%, 07/15/49(c) |
955 | 757,836 | ||||||
| Series A, 5.00%, 07/15/54(c) |
455 | 350,956 | ||||||
| Series A, 5.00%, 10/15/55(c) |
1,545 | 1,232,847 | ||||||
| Series A-1, 4.50%, 01/01/35(c) |
605 | 532,027 | ||||||
| Public Finance Authority, Refunding RB(c) |
||||||||
| 5.00%, 09/01/49 |
335 | 264,151 | ||||||
| 5.25%, 05/15/52 |
1,015 | 829,734 | ||||||
| 5.00%, 09/01/54 |
455 | 349,751 | ||||||
| Wisconsin Housing & Economic Development Authority, RB, M/F Housing |
||||||||
| Series A, 3.15%, 11/01/44 |
520 | 365,583 | ||||||
| Series A, 4.15%, 11/01/48 |
5,080 | 4,279,102 | ||||||
| Series A, 4.45%, 05/01/57 |
3,395 | 2,862,359 | ||||||
| Wisconsin Housing & Economic Development Authority, RB, S/F Housing |
||||||||
| Series A, 1.80%, 03/01/31 |
400 | 323,525 | ||||||
| Series A, 1.85%, 09/01/31 |
320 | 254,392 | ||||||
| Series A, 1.90%, 03/01/32 |
600 | 480,566 | ||||||
| Series A, 1.95%, 09/01/32 |
450 | 357,489 | ||||||
| Wisconsin Housing & Economic Development Authority, Refunding RB, M/F Housing Series A, (HUD SECT 8), 2.05%, 11/01/36 |
1,165 | 806,924 | ||||||
| Security | Par (000) |
Value | ||||||
| Wisconsin (continued) | ||||||||
| Wisconsin Housing & Economic Development Authority, Refunding RB, M/F Housing (continued) |
||||||||
| Series A, (HUD SECT 8), 2.25%, 11/01/41 |
$ | 805 | $ | 504,400 | ||||
| Series A, (HUD SECT 8), 2.45%, 11/01/46 |
1,210 | 714,589 | ||||||
|
|
|
|||||||
| 18,482,881 | ||||||||
|
|
|
|||||||
| Total Municipal Bonds — 139.9% |
|
1,217,222,586 | ||||||
|
|
|
|||||||
| Municipal Bonds Transferred to Tender Option Bond Trusts(h) |
| |||||||
| Arizona — 1.0% | ||||||||
| City of Phoenix Civic Improvement Corp., ARB, AMT, Senior Lien, 5.00%, 07/01/43(a) |
4,000 | 3,932,858 | ||||||
| Maricopa County Industrial Development Authority, RB, Series A, 4.00%, 01/01/41 |
5,085 | 4,570,988 | ||||||
|
|
|
|||||||
| 8,503,846 | ||||||||
| California — 1.4% | ||||||||
| Bay Area Toll Authority, Refunding RB(i) |
||||||||
| 4.00%, 04/01/42(a) |
2,000 | 1,832,091 | ||||||
| 4.00%, 04/01/47 |
9,108 | 8,001,611 | ||||||
| Sacramento Area Flood Control Agency, Refunding SAB, 5.00%, 10/01/47 |
1,980 | 2,003,088 | ||||||
|
|
|
|||||||
| 11,836,790 | ||||||||
| Colorado — 0.6% | ||||||||
| City & County of Denver Colorado Airport System Revenue, Refunding ARB, Series A, AMT, 5.25%, 12/01/48(a)(i) |
5,517 | 5,344,821 | ||||||
|
|
|
|||||||
| District of Columbia — 0.3% | ||||||||
| District of Columbia Housing Finance Agency, RB, M/F Housing, Series B-2, (FHA), 4.10%, 09/01/39 |
3,052 | 2,715,445 | ||||||
|
|
|
|||||||
| Florida — 1.4% | ||||||||
| City of South Miami Health Facilities Authority, Inc., Refunding RB, 5.00%, 08/15/47 |
4,215 | 4,016,631 | ||||||
| City of Tampa Florida, RB, Series A, 4.00%, 11/15/46 |
1,920 | 1,589,634 | ||||||
| County of Seminole Florida Sales Tax Revenue, Refunding RB, Series B, (NPFGC), 5.25%, 10/01/31 |
6,300 | 6,876,274 | ||||||
|
|
|
|||||||
| 12,482,539 | ||||||||
| Georgia — 0.5% | ||||||||
| Georgia Housing & Finance Authority, Refunding RB, Series A, 3.70%, 06/01/49(a) |
5,546 | 4,509,852 | ||||||
|
|
|
|||||||
| Illinois — 2.4% | ||||||||
| City of Chicago IIllinois Waterworks Revenue, Refunding RB, 2nd Lien, (AGM), 5.25%, 11/01/33 |
2,850 | 2,852,405 | ||||||
| Illinois Finance Authority, Refunding RB |
||||||||
| Series C, 4.00%, 02/15/27(e) |
3 | 2,042 | ||||||
| Series C, 4.00%, 02/15/41 |
912 | 814,231 | ||||||
| Illinois State Toll Highway Authority, RB |
||||||||
| Series A, 5.00%, 01/01/38 |
5,014 | 5,015,379 | ||||||
| Series A, 5.00%, 01/01/40 |
6,451 | 6,570,892 | ||||||
| Series B, 5.00%, 01/01/40 |
2,459 | 2,494,670 | ||||||
| Series C, 5.00%, 01/01/38 |
3,243 | 3,276,696 | ||||||
|
|
|
|||||||
| 21,026,315 | ||||||||
| S C H E D U L E O F I N V E S T M E N T S |
10 |
| Schedule of Investments (unaudited) (continued) October 31, 2022 |
BlackRock MuniYield Quality Fund, Inc. (MQY) (Percentages shown are based on Net Assets) |
| Security | Par (000) |
Value | ||||||
| Kansas — 1.4% | ||||||||
| Wyandotte County Unified School District No.500 Kansas City, GO, Series A, 5.50%, 09/01/47(e) |
$ | 11,167 | $ | 12,041,007 | ||||
|
|
|
|||||||
| Louisiana — 0.4% | ||||||||
| State of Louisiana Gasoline & Fuels Tax Revenue, Refunding RB, Series A, 1st Lien, 4.00%, 05/01/25(e) |
3,600 | 3,659,874 | ||||||
|
|
|
|||||||
| Maryland — 1.1% | ||||||||
| City of Baltimore Maryland, RB |
||||||||
| Series A, 5.00%, 07/01/41 |
6,653 | 6,724,042 | ||||||
| Series A, 5.00%, 07/01/46 |
1,270 | 1,272,590 | ||||||
| Maryland Stadium Authority, RB, 5.00%, 05/01/42 |
1,500 | 1,535,515 | ||||||
|
|
|
|||||||
| 9,532,147 | ||||||||
| Michigan — 1.0% | ||||||||
| Michigan Finance Authority, RB, Series A, 5.00%, 11/01/44 |
4,671 | 4,573,637 | ||||||
| Michigan State Building Authority, Refunding RB, Series I, 5.00%, 10/15/45 |
2,050 | 2,072,329 | ||||||
| Michigan State Housing Development Authority, RB, M/F Housing, Series A, 4.05%, 10/01/48 |
2,748 | 2,277,930 | ||||||
|
|
|
|||||||
| 8,923,896 | ||||||||
| Nevada — 1.2% | ||||||||
| County of Clark Nevada, GO |
||||||||
| Series A, 5.00%, 06/01/38 |
7,263 | 7,549,618 | ||||||
| Series A, 5.00%, 05/01/48 |
2,739 | 2,788,626 | ||||||
|
|
|
|||||||
| 10,338,244 | ||||||||
| New Jersey — 1.1% | ||||||||
| New Jersey Turnpike Authority, Refunding RB |
||||||||
| Series B, 4.00%, 01/01/37 |
5,501 | 5,159,161 | ||||||
| Series G, 4.00%, 01/01/43 |
5,103 | 4,481,719 | ||||||
|
|
|
|||||||
| 9,640,880 | ||||||||
| New York — 4.7% | ||||||||
| Metropolitan Transportation Authority, RB, Sub-Series D-1, 5.25%, 11/15/44 |
8,220 | 8,011,043 | ||||||
| New York City Housing Development Corp., Refunding RB, Series A, 4.15%, 11/01/38 |
6,314 | 5,728,029 | ||||||
| New York City Municipal Water Finance Authority, Refunding RB |
||||||||
| Series CC, 5.00%, 06/15/23(e) |
6,260 | 6,300,181 | ||||||
| Series CC, 5.00%, 06/15/47 |
7,060 | 7,105,050 | ||||||
| Series DD, 5.00%, 06/15/35 |
3,945 | 4,038,549 | ||||||
| New York City Transitional Finance Authority Building Aid Revenue, RB, Series S-1, Subordinate, (SAW), 4.00%, 07/15/42(i) |
2,903 | 2,528,565 | ||||||
| New York Power Authority, Refunding RB, Series A, 4.00%, 11/15/60(a) |
1,740 | 1,437,445 | ||||||
| New York State Dormitory Authority, Refunding RB, Series A, 4.00%, 03/15/49(a) |
6,520 | 5,527,796 | ||||||
|
|
|
|||||||
| 40,676,658 | ||||||||
| Ohio — 1.3% | ||||||||
| Northeast Ohio Regional Sewer District, Refunding RB |
||||||||
| 4.00%, 11/15/24(e)(i) |
5,325 | 5,399,411 | ||||||
| 4.00%, 11/15/43 |
6,919 | 6,256,579 | ||||||
|
|
|
|||||||
| 11,655,990 | ||||||||
| Security | Par (000) |
Value | ||||||
| Pennsylvania — 1.2% | ||||||||
| Commonwealth of Pennsylvania, GO, 1st Series, 4.00%, 03/01/36(i) |
$ | 6,042 | $ | 5,731,244 | ||||
| Pennsylvania Turnpike Commission, RB, Series A, 5.50%, 12/01/42 |
1,514 | 1,540,493 | ||||||
| Philadelphia Authority for Industrial Development, RB, Series A, 4.00%, 07/01/24 |
2,907 | 2,937,467 | ||||||
|
|
|
|||||||
| 10,209,204 | ||||||||
| Texas — 1.4% | ||||||||
| County of Hidalgo Texas, GO, Series A, 4.00%, 08/15/43 |
2,703 | 2,433,672 | ||||||
| Houston Community College System, GO, 4.00%, 02/15/23(a)(e) |
3,480 | 3,489,128 | ||||||
| Howe Independent School District, GO, (PSF-GTD), 4.00%, 08/15/43 |
2,985 | 2,772,424 | ||||||
| Tarrant County Cultural Education Facilities Finance Corp., RB, Series A, 5.00%, 05/15/23 |
879 | 889,934 | ||||||
| Texas Department of Housing & Community Affairs, RB, S/F Housing |
||||||||
| Series A, (GNMA), 3.63%, 09/01/44 |
1,677 | 1,390,731 | ||||||
| Series A, (GNMA), 3.75%, 09/01/49 |
1,193 | 989,842 | ||||||
|
|
|
|||||||
| 11,965,731 | ||||||||
| Virginia — 1.8% | ||||||||
| Hampton Roads Transportation Accountability Commission, RB |
||||||||
| Series A, 4.00%, 07/01/57 |
11,880 | 9,864,730 | ||||||
| Series A, Senior Lien, 5.50%, 01/01/28(e) |
5,313 | 5,865,209 | ||||||
|
|
|
|||||||
| 15,729,939 | ||||||||
| Wisconsin — 0.2% | ||||||||
| Wisconsin Housing & Economic Development Authority, RB, M/F Housing, Series A, 4.30%, 11/01/53 |
1,605 | 1,340,345 | ||||||
|
|
|
|||||||
| Total Municipal Bonds Transferred to Tender Option Bond Trusts — 24.4% |
|
212,133,523 | ||||||
|
|
|
|||||||
| Total Long-Term Investments — 164.3% |
|
1,429,356,109 | ||||||
|
|
|
|||||||
| Shares | ||||||||
| Short-Term Securities |
||||||||
| Money Market Funds — 0.0% | ||||||||
| BlackRock Liquidity Funds, MuniCash, Institutional Class, 1.83%(j)(k) |
1 | 1 | ||||||
|
|
|
|||||||
| Total Short-Term Securities — 0.0% |
|
1 | ||||||
|
|
|
|||||||
| Total Investments — 164.3% |
|
1,429,356,110 | ||||||
| Other Assets Less Liabilities — 3.2% |
|
28,597,724 | ||||||
| Liability for TOB Trust Certificates, Including Interest Expense and Fees Payable — (15.8)% |
|
(137,550,083 | ) | |||||
| VRDP Shares at Liquidation Value, Net of Deferred Offering Costs — (51.7)% |
|
(450,194,230 | ) | |||||
|
|
|
|||||||
| Net Assets Applicable to Common Shares — 100.0% |
|
$ | 870,209,521 | |||||
|
|
|
|||||||
| 11 |
|
| Schedule of Investments (unaudited) (continued) October 31, 2022 |
BlackRock MuniYield Quality Fund, Inc. (MQY) |
| (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) | 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. |
| (e) | 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. |
| (f) | Zero-coupon bond. |
| (g) | Security is collateralized by municipal bonds or U.S. Treasury obligations. |
| (h) | 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. |
| (i) | All or a portion of the security is subject to a recourse agreement. The aggregate maximum potential amount the Fund could ultimately be required to pay under the agreements, which expire between May 15, 2023 to July 15, 2042, is $20,932,057. |
| (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, 2022 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:
| Affiliated Issuer | Value at 07/31/22 |
Purchases at Cost |
Proceeds from Sales |
Net Realized Gain (Loss) |
Change in Unrealized Appreciation (Depreciation) |
Value at 10/31/22 |
Shares Held at 10/31/22 |
Income | Capital Gain Distributions from Underlying Funds |
|||||||||||||||||||||||||||
| BlackRock Liquidity Funds, MuniCash, Institutional Class |
$ | 1,416,913 | $ | — | $ | (1,410,933 | )(a) | $ | (5,980 | ) | $ | 1 | $ | 1 | 1 | $ | 39,002 | $ | — | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||||
| (a) | Represents net amount purchased (sold). |
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 |
331 | 12/20/22 | $ | 36,638 | $ | 992,975 | ||||||||||
| U.S. Long Bond |
506 | 12/20/22 | 61,163 | 2,813,672 | ||||||||||||
| 5-Year U.S. Treasury Note |
273 | 12/30/22 | 29,113 | 711,483 | ||||||||||||
|
|
|
|||||||||||||||
| $ | 4,518,130 | |||||||||||||||
|
|
|
|||||||||||||||
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
| S C H E D U L E O F I N V E S T M E N T S |
12 |
| Schedule of Investments (unaudited) (continued) October 31, 2022 |
BlackRock MuniYield Quality Fund, Inc. (MQY) |
Fair Value Hierarchy as of Period End (continued)
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 |
$ | — | $ | 1,217,222,586 | $ | — | $ | 1,217,222,586 | ||||||||
| Municipal Bonds Transferred to Tender Option Bond Trusts |
— | 212,133,523 | — | 212,133,523 | ||||||||||||
| Short-Term Securities |
||||||||||||||||
| Money Market Funds |
1 | — | — | 1 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
| $ | 1 | $ | 1,429,356,109 | $ | — | $ | 1,429,356,110 | |||||||||
|
|
|
|
|
|
|
|
|
|||||||||
| Derivative Financial Instruments(a) |
||||||||||||||||
| Assets |
||||||||||||||||
| Interest Rate Contracts |
$ | 4,518,130 | $ | — | $ | — | $ | 4,518,130 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
| (a) | Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument. |
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 |
$ | — | $ | (136,934,440 | ) | $ | — | $ | (136,934,440 | ) | ||||||
| VRDP Shares at Liquidation Value |
— | (450,300,000 | ) | — | (450,300,000 | ) | ||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
| $ | — | $ | (587,234,440 | ) | $ | — | $ | (587,234,440 | ) | |||||||
|
|
|
|
|
|
|
|
|
|||||||||
| Portfolio Abbreviation | ||
| AGC | Assured Guaranty Corp. | |
| AGM | Assured Guaranty Municipal Corp. | |
| AMBAC | AMBAC Assurance Corp. | |
| AMT | Alternative Minimum Tax | |
| ARB | Airport Revenue Bonds | |
| BAM | Build America Mutual Assurance Co. | |
| BAM-TCRS | Build America Mutual Assurance Co.- Transferable Custodial Receipts | |
| BHAC-CR | Berkshire Hathaway Assurance Corp. - Custodian Receipt | |
| CAB | Capital Appreciation Bonds | |
| COP | Certificates of Participation | |
| CR | Custodian Receipt | |
| FGIC | Financial Guaranty Insurance Co. | |
| FHA | Federal Housing Administration | |
| FHLMC | Federal Home Loan Mortgage Corp. | |
| FNMA | Federal National Mortgage Association | |
| GNMA | Government National Mortgage Association | |
| GO | General Obligation Bonds | |
| GTD | GTD Guaranteed | |
| Portfolio Abbreviation (continued) | ||
| HUD SECT 8 | U.S. Department of Housing and Urban Development Section 8 | |
| M/F | Multi-Family | |
| MT | Mandatory Tender | |
| NPFGC | National Public Finance Guarantee Corp. | |
| NPFGC-IBC | National Public Finance Guarantee Corp. — Insured Bond Certificate | |
| PSF | Permanent School Fund | |
| PSF-GTD | Permanent School Fund Guaranteed | |
| RB | Revenue Bond | |
| S/F | Single-Family | |
| SAB | Special Assessment Bonds | |
| SAP | Subject to Appropriations | |
| SAW | State Aid Withholding | |
| SONYMA | State of New York Mortgage Agency | |
| ST | Special Tax | |
| TA | Tax Allocation | |
| 13 |
|