br_myield.htm

 
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
 
RULE 23C-2 NOTICE OF INTENTION TO REDEEM SECURITIES
 
of
 
BlackRock MuniYield Fund, Inc.
100 Bellevue Parkway
Wilmington, DE 19809
(888) 825-2257
 
under the
 
Investment Company Act of 1940
 
Investment Company Act File No. 811-06414
 
_________________
 


1.
Title of the class of securities of BlackRock MuniYield Fund, Inc. (the "Fund") to be redeemed:
 
Auction Market Preferred Stock, liquidation preference $25,000 per share, as identified by series and CUSIP in Annex A hereto (the "Shares").
 
2.
The date on which the securities are to be called or redeemed:
 
See Annex A for the dates on which Shares of each series are to be redeemed (the "Redemption Date").
 
3.
The applicable provisions of the governing instrument pursuant to which the securities are to be called or redeemed:
 
The Shares are to be redeemed pursuant to Section 4(a)(i) of the Fund's Articles Supplementary.
 
4.
The principal amount or number of shares and the basis upon which the securities to be redeemed are to be selected:
 
The Fund will redeem all of its outstanding Shares of Series A, C, D, E, F and G.  See Annex A for information concerning the number of Shares of Series A, C, D, E, F and G and the aggregate principal amount of Shares of each such series to be redeemed.  

 
 
 
 
 

SIGNATURE

Pursuant to the requirement of Rule 23c-2 of the Investment Company Act of 1940, the Fund has duly caused this Notice of Intention to Redeem Securities to be signed on its behalf by the undersigned on this 1st day of July, 2011.

 
BLACKROCK MUNIYIELD FUND, INC.
  
       
       
 
By:
/s/ John Perlowski
  
   
Name:
John Perlowski
  
   
Title:
President
  


 
 
 

 
Annex A

Series
Cusip
 
Redemption Date
Total Shares to be Redeemed
Principal Amount to be Redeemed
A-28
09253W203
July 27, 2011
1,320
$33,000,000
C-28
09253W401
July 20, 2011
1,320
$33,000,000
D-28
09253W500
July 13, 2011
1,320
$33,000,000
E-7
09253W609
July 13, 2011
2,052
$51,300,000
F-7
09253W708
July 21, 2011
1,260
$31,500,000
G-7
09253W807
July 18, 2011
1,466
$36,650,000