UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT
INVESTMENT COMPANY
Investment Company Act File number 811-21318
Name of Fund: BlackRock Corporate High Yield Fund VI, Inc.
Fund Address: P.O. Box 9011
Princeton, NJ 08543-9011
Name and address of agent for service: Robert C. Doll, Jr., Chief Executive
Officer, BlackRock Corporate High Yield Fund VI, Inc., 800 Scudders Mill
Road, Plainsboro, NJ 08536. Mailing address: P.O. Box 9011, Princeton,
NJ 08543-9011
Registrant's telephone number, including area code: (609) 282-2800
Date of fiscal year end: 08/31/2007
Date of reporting period: 09/01/06 - 11/30/06
Item 1 - Schedule of Investments
BlackRock Corporate High Yield Fund VI, Inc.
Schedule of Investments as of November 30, 2006 (in U.S. dollars)
Face
Amount Corporate Bonds Value
-----------------------------------------------------------------------------------------------------------------------------------
Aerospace & Defense - 4.8% $ 3,089,000 Alliant Techsystems, Inc., 2.75% due 9/15/2011 (a)(h) $ 3,127,613
950,000 Alliant Techsystems, Inc., 6.75% due 4/01/2016 940,500
1,000,000 Argo-Tech Corp., 9.25% due 6/01/2011 1,037,500
900,000 Bombardier, Inc., 8% due 11/15/2014 (a) 904,500
2,325,000 DRS Technologies, Inc., 6.875% due 11/01/2013 2,342,437
1,600,000 Esterline Technologies Corp., 7.75% due 6/15/2013 1,640,000
2,200,000 L-3 Communications Corp., 7.625% due 6/15/2012 2,279,750
2,550,000 L-3 Communications Corp., 5.875% due 1/15/2015 2,473,500
2,200,000 L-3 Communications Corp., 6.375% due 10/15/2015 2,183,500
2,220,000 L-3 Communications Corp., 3% due 8/01/2035 (a)(h) 2,306,025
2,195,000 Standard Aero Holdings, Inc., 8.25% due 9/01/2014 2,195,000
3,200,000 Vought Aircraft Industries, Inc., 8% due 7/15/2011 3,072,000
--------------
24,502,325
-----------------------------------------------------------------------------------------------------------------------------------
Airlines - 0.8% 3,286,269 Continental Airlines, Inc Series 1997-4-B, 6.90% due 7/02/2018 3,277,109
39,269 Continental Airlines, Inc Series 1998-1-C, 6.541% due 9/15/2009 39,318
901,266 Continental Airlines, Inc Series 2001-1-C, 7.033% due 12/15/2012 897,886
--------------
4,214,313
-----------------------------------------------------------------------------------------------------------------------------------
Automotive - 2.6% 4,575,000 Autonation, Inc., 7.374% due 4/15/2013 (c) 4,575,000
2,400,000 Autonation, Inc., 7% due 4/15/2014 2,400,000
950,000 General Motors Acceptance Corp., 7.25% due 3/02/2011 989,074
110,000 The Goodyear Tire & Rubber Co., 7.857% due 8/15/2011 108,075
1,050,000 The Goodyear Tire & Rubber Co., 8.625% due 12/01/2011 (a) 1,065,750
2,540,000 Lear Corp., 8.75% due 12/01/2016 (a) 2,501,900
1,450,000 United Auto Group, Inc., 7.75% due 12/15/2016 (a) 1,450,000
--------------
13,089,799
-----------------------------------------------------------------------------------------------------------------------------------
Broadcasting - 4.7% 2,800,000 Allbritton Communications Co., 7.75% due 12/15/2012 2,835,000
1,850,000 Barrington Broadcasting Group LLC, 10.50% due 8/15/2014 (a) 1,840,750
3,175,000 CMP Susquehanna Corp., 9.875% due 5/15/2014 (a) 3,119,437
630,000 Nexstar Finance, Inc., 7% due 1/15/2014 585,900
4,750,000 Paxson Communications Corp., 8.624% due 1/15/2012 (a)(c) 4,797,500
4,075,000 Salem Communications Corp., 7.75% due 12/15/2010 4,110,656
2,550,000 Sinclair Broadcast Group, Inc., 8% due 3/15/2012 2,626,500
1,975,000 Sirius Satellite Radio, Inc., 9.625% due 8/01/2013 1,950,313
1,915,000 Young Broadcasting, Inc., 10% due 3/01/2011 1,809,675
--------------
23,675,731
-----------------------------------------------------------------------------------------------------------------------------------
Cable - U.S. - 7.4% 1,300,000 Adelphia Communications Corp., 6% due 2/15/2006 (b)(h)(j) 8,060
3,075,000 CCH I LLC, 11% due 10/01/2015 3,013,500
3,750,000 CSC Holdings, Inc. Series B, 7.625% due 4/01/2011 3,820,312
775,000 Cablevision Systems Corp. Series B, 8% due 4/15/2012 761,437
3,500,000 Charter Communications Holdings II LLC, 10.25% due 9/15/2010 3,657,500
3,090,000 Echostar DBS Corp., 7.125% due 2/01/2016 3,066,825
2,430,000 Intelsat Subsidiary Holding Co. Ltd., 10.484% due 1/15/2012 (c) 2,460,375
3,475,000 Intelsat Subsidiary Holding Co. Ltd., 8.625% due 1/15/2015 3,609,656
1,019,000 Loral Spacecom Corp., 14% due 11/15/2015 (f) 1,187,135
3,900,000 Mediacom LLC, 9.50% due 1/15/2013 4,007,250
3,459,000 PanAmSat Corp., 9% due 8/15/2014 3,631,950
1,770,000 PanAmSat Corp., 9% due 6/15/2016 (a) 1,860,713
3,150,000 Quebecor Media, Inc., 7.75% due 3/15/2016 3,189,375
3,100,000 Rainbow National Services LLC, 10.375% due 9/01/2014 (a) 3,441,000
--------------
37,715,088
-----------------------------------------------------------------------------------------------------------------------------------
Chemicals - 6.0% 2,459,000 BCP Crystal Holdings Corp., 9.625% due 6/15/2014 2,698,753
1,475,000 Innophos, Inc., 8.875% due 8/15/2014 1,478,687
1,260,000 Lyondell Chemical Co., 8.25% due 9/15/2016 1,310,400
BlackRock Corporate High Yield Fund VI, Inc.
Schedule of Investments as of November 30, 2006 (in U.S. dollars)
Face
Amount Corporate Bonds Value
-----------------------------------------------------------------------------------------------------------------------------------
$ 6,865,000 Millennium America, Inc., 9.25% due 6/15/2008 $ 7,105,275
3,170,000 Momentive Performance Materials, Inc., 10.125% due 12/01/2014 (a) 3,189,813
1,270,000 Momentive Performance Materials, Inc., 11.50% due 12/01/2016 (a) 1,254,125
410,000 Mosaic Global Holdings, Inc., 7.625% due 12/01/2016 (a) 419,225
1,900,000 Nalco Co., 7.75% due 11/15/2011 1,938,000
1,900,000 Nalco Co., 8.875% due 11/15/2013 2,009,250
1,168,000 Nalco Finance Holdings, Inc., 9.291% due 2/01/2014 (l) 922,720
3,610,000 Nova Chemicals Corp., 8.502% due 11/15/2013 (c) 3,619,025
3,750,000 Omnova Solutions, Inc., 11.25% due 6/01/2010 4,012,500
465,000 Reichhold Industries, Inc., 9% due 8/15/2014 (a) 455,700
--------------
30,413,473
-----------------------------------------------------------------------------------------------------------------------------------
Consumer - Durables - 0.9% 2,125,000 Sealy Mattress Co., 8.25% due 6/15/2014 2,207,344
2,200,000 Simmons Bedding Co., 7.875% due 1/15/2014 2,189,000
--------------
4,396,344
-----------------------------------------------------------------------------------------------------------------------------------
Consumer - Non-Durables - 6.3% 5,400,000 American Greetings Corp., 7.375% due 6/01/2016 5,521,500
3,825,000 Chattem, Inc., 7% due 3/01/2014 3,729,375
4,825,000 Church & Dwight Co., Inc., 6% due 12/15/2012 4,656,125
740,000 DI Finance Series B, 9.50% due 2/15/2013 777,000
5,725,000 Hines Nurseries, Inc., 10.25% due 10/01/2011 4,608,625
2,525,000 Levi Strauss & Co., 10.258% due 4/01/2012 (c) 2,600,750
3,200,000 Levi Strauss & Co., 8.875% due 4/01/2016 3,308,000
3,150,000 Quiksilver, Inc., 6.875% due 4/15/2015 3,075,188
3,475,000 Samsonite Corp., 8.875% due 6/01/2011 3,779,063
--------------
32,055,626
-----------------------------------------------------------------------------------------------------------------------------------
Diversified Media - 8.7% 1,689,000 Affinion Group, Inc., 11.50% due 10/15/2015 1,781,895
1,575,000 American Media Operations, Inc. Series B, 10.25% due 5/01/2009 1,531,687
540,000 CBD Media Holdings LLC, 9.25% due 7/15/2012 548,100
4,125,000 CBD Media, Inc., 8.625% due 6/01/2011 4,186,875
2,525,000 Cadmus Communications Corp., 8.375% due 6/15/2014 2,461,875
2,256,000 Dex Media West LLC, 9.875% due 8/15/2013 2,459,040
2,681,958 Houghton Mifflin Co., 12.127% due 5/15/2011 (a)(c) 2,715,482
3,190,000 Idearc, Inc., 8% due 11/15/2016 (a) 3,241,837
3,173,000 Liberty Media Corp., 0.75% due 3/30/2023 (h) 3,767,938
440,000 Network Communications, Inc., 10.75% due 12/01/2013 444,950
4,775,000 Nielsen Finance LLC, 10% due 8/01/2014 (a) 5,049,563
4,335,000 Primedia, Inc., 8% due 5/15/2013 4,053,225
5,050,000 Quebecor World Capital Corp., 8.75% due 3/15/2016 (a) 4,898,500
2,275,000 RH Donnelley Corp. Series A-2, 6.875% due 1/15/2013 2,178,313
2,040,000 RH Donnelley Corp. Series A-3, 8.875% due 1/15/2016 2,142,000
2,850,000 Universal City Florida Holding Co. I, 10.121% due 5/01/2010 (c) 2,928,375
--------------
44,389,655
-----------------------------------------------------------------------------------------------------------------------------------
Energy - Exploration & 800,000 Berry Petroleum Co., 8.25% due 11/01/2016 800,000
Production - 4.2% 2,500,000 Chaparral Energy, Inc., 8.50% due 12/01/2015 2,500,000
4,750,000 Compton Petroleum Finance Corp., 7.625% due 12/01/2013 4,512,500
3,150,000 Encore Acquisition Co., 6.25% due 4/15/2014 2,945,250
4,450,000 Exco Resources, Inc., 7.25% due 1/15/2011 4,405,500
2,560,000 Pogo Producing Co., 7.875% due 5/01/2013 (a) 2,624,000
1,690,000 Sabine Pass LNG LP, 7.50% due 11/30/2016 (a) 1,692,113
1,680,000 Stone Energy Corp., 8.124% due 7/15/2010 (a)(c) 1,667,400
--------------
21,146,763
-----------------------------------------------------------------------------------------------------------------------------------
Energy - Other - 2.1% 1,750,000 Copano Energy LLC, 8.125% due 3/01/2016 1,802,500
1,490,000 Ferrellgas Partners LP, 8.75% due 6/15/2012 1,530,975
425,000 MarkWest Energy Partners LP, 8.50% due 7/15/2016 (a) 429,250
3,200,000 Ocean RIG ASA, 9.37% due 4/04/2011 3,184,000
BlackRock Corporate High Yield Fund VI, Inc.
Schedule of Investments as of November 30, 2006 (in U.S. dollars)
Face
Amount Corporate Bonds Value
-----------------------------------------------------------------------------------------------------------------------------------
$ 3,930,000 SemGroup LP, 8.75% due 11/15/2015 (a) $ 3,969,300
--------------
10,916,025
-----------------------------------------------------------------------------------------------------------------------------------
Financial - 0.5% 595,000 NCO Group, Inc., 10.244% due 11/15/2013 (a)(c) 589,050
1,600,000 Saxon Capital, Inc., 12% due 5/01/2014 (a) 2,189,022
--------------
2,778,072
-----------------------------------------------------------------------------------------------------------------------------------
Food & Tobacco - 4.1% 1,300,000 AmeriQual Group LLC, 9.50% due 4/01/2012 (a) 1,352,000
3,800,000 Constellation Brands Inc., 8.125% due 1/15/2012 3,961,500
1,950,000 Constellation Brands Inc., 7.25% due 9/01/2016 1,996,312
4,800,000 Cott Beverages USA, Inc., 8% due 12/15/2011 4,896,000
4,791,000 Del Monte Corp., 8.625% due 12/15/2012 5,054,505
3,150,000 National Beef Packing Co. LLC, 10.50% due 8/01/2011 3,291,750
560,000 Swift & Co., 12.50% due 1/01/2010 574,000
--------------
21,126,067
-----------------------------------------------------------------------------------------------------------------------------------
Gaming - 8.8% 5,175,000 Boyd Gaming Corp., 8.75% due 4/15/2012 5,420,812
2,200,000 Caesars Entertainment, Inc., 7.875% due 3/15/2010 2,260,500
155,000 Caesars Entertainment, Inc., 8.125% due 5/15/2011 160,231
1,675,000 Galaxy Entertainment Finance Co. Ltd., 10.42% due 12/15/2010 (a)(c) 1,792,250
875,000 Galaxy Entertainment Finance Co. Ltd., 9.875% due 12/15/2012 (a) 934,062
950,000 Greektown Holdings,10.75% due 12/01/2013 (a) 995,125
2,775,000 Inn of the Mountain Gods Resort & Casino, 12% due 11/15/2010 2,955,375
1,875,000 Isle of Capri Casinos, Inc., 9% due 3/15/2012 1,961,719
625,000 Isle of Capri Casinos, Inc., 7% due 3/01/2014 611,719
1,895,000 Little Traverse Bay Bands of Odawa Indians, 10.25% due 2/15/2014
(a) 1,904,475
2,575,000 MGM Mirage, 9.75% due 6/01/2007 2,620,062
625,000 MGM Mirage, 6.75% due 4/01/2013 615,625
1,575,000 Mirage Resorts, Inc., 6.75% due 2/01/2008 1,586,813
3,150,000 Penn National Gaming, Inc., 6.875% due 12/01/2011 3,213,000
3,950,000 Poster Financial Group, Inc., 8.75% due 12/01/2011 4,108,000
1,800,000 Resorts International Hotel and Casino, Inc., 11.50% due 3/15/2009 1,836,000
1,575,000 San Pasqual Casino, 8% due 9/15/2013 (a) 1,614,375
1,900,000 Station Casinos, Inc., 6.50% due 2/01/2014 1,778,875
2,575,000 Station Casinos, Inc., 7.75% due 8/15/2016 2,649,031
2,225,000 Station Casinos, Inc., 6.625% due 3/15/2018 2,024,750
975,000 Turning Stone Resort Casino Enterprise, 9.125% due 9/15/2014 (a) 996,938
2,825,000 Wynn Las Vegas LLC, 6.625% due 12/01/2014 2,782,625
--------------
44,822,362
-----------------------------------------------------------------------------------------------------------------------------------
Health Care - 8.4% 300,000 Accellent, Inc., 10.50% due 12/01/2013 304,500
1,800,000 Angiotech Pharmaceuticals, Inc., 9.103% due 12/01/2013 (a) 1,800,000
1,925,000 Athena Neurosciences Finance LLC, 7.25% due 2/21/2008 1,963,500
3,175,000 Elan Finance Plc, 9.374% due 11/15/2011 (c) 3,159,125
4,750,000 HealthSouth Corp., 11.354% due 6/15/2014 (a)(c) 4,975,625
3,500,000 Mylan Laboratories, Inc., 5.75% due 8/15/2010 3,469,375
2,600,000 Mylan Laboratories, Inc., 6.375% due 8/15/2015 2,561,000
2,725,000 Omnicare, Inc., 6.75% due 12/15/2013 2,670,500
2,225,000 Select Medical Corp., 7.625% due 2/01/2015 1,857,875
2,115,000 Tenet Healthcare Corp., 9.875% due 7/01/2014 2,120,288
1,310,000 Triad Hospitals, Inc., 7% due 5/15/2012 1,323,100
4,775,000 U.S. Oncology, Inc., 9% due 8/15/2012 5,001,813
1,575,000 VWR International, Inc., 8% due 4/15/2014 1,606,500
3,175,000 Vanguard Health Holding Co. II, LLC, 9% due 10/01/2014 3,175,000
6,325,000 Ventas Realty, LP, 6.75% due 6/01/2010 6,483,125
--------------
42,471,326
-----------------------------------------------------------------------------------------------------------------------------------
Housing - 5.0% 2,350,000 Building Materials Corp. of America, 8% due 10/15/2007 2,364,687
BlackRock Corporate High Yield Fund VI, Inc.
Schedule of Investments as of November 30, 2006 (in U.S. dollars)
Face
Amount Corporate Bonds Value
-----------------------------------------------------------------------------------------------------------------------------------
$ 8,850,000 Building Materials Corp. of America, 8% due 12/01/2008 $ 8,783,625
4,750,000 Forest City Enterprises, Inc., 7.625% due 6/01/2015 4,845,000
1,147,000 Goodman Global Holding Co., Inc., 8.329% due 6/15/2012 (c) 1,169,940
2,225,000 Goodman Global Holding Co., Inc., 7.875% due 12/15/2012 2,147,125
470,000 Nortek, Inc., 8.50% due 9/01/2014 453,550
1,925,000 Ply Gem Industries, Inc., 9% due 2/15/2012 1,583,313
2,550,000 Standard-Pacific Corp., 9.25% due 4/15/2012 2,588,250
1,600,000 Texas Industries, Inc., 7.25% due 7/15/2013 1,616,000
--------------
25,551,490
-----------------------------------------------------------------------------------------------------------------------------------
Information Technology - 5.9% 970,000 Compagnie Generale de Geophysique SA, 7.50% due 5/15/2015 972,425
2,792,000 Cypress Semiconductor Corp., 1.25% due 6/15/2008 (h) 3,542,350
5,445,000 Freescale Semiconductor, Inc., 9.125% due 12/15/2014 (a)(f) 5,445,000
790,000 Freescale Semiconductor, Inc., 9.244% due 12/15/2014 (a)(c) 787,037
1,045,000 Freescale Semiconductor, Inc., 10.125% due 12/15/2016 (a) 1,056,756
2,050,000 MagnaChip Semiconductor SA, 8.579% due 12/15/2011 (c) 1,824,500
3,450,000 Sungard Data Systems, Inc., 9.125% due 8/15/2013 3,618,188
3,050,000 Sungard Data Systems, Inc., 9.973% due 8/15/2013 (c) 3,168,188
1,625,000 Sungard Data Systems, Inc., 10.25% due 8/15/2015 (a) 1,722,500
650,000 Telcordia Technologies, Inc., 10% due 3/15/2013 (a) 559,000
2,100,000 UGS Capital Corp. II, 10.348% due 6/01/2011 (a)(f) 2,215,500
2,225,000 UGS Corp., 10% due 6/01/2012 2,425,250
2,465,000 Viasystems, Inc., 10.50% due 1/15/2011 2,465,000
--------------
29,801,694
-----------------------------------------------------------------------------------------------------------------------------------
Leisure - 1.4% 2,425,000 FelCor Lodging LP, 8.50% due 6/01/2011 2,582,625
3,175,000 Host Marriott LP, 6.75% due 6/01/2016 3,186,906
550,000 Travelport, Inc., 9.875% due 9/01/2014 (a) 543,125
395,000 Travelport, Inc., 9.994% due 9/01/2014 (a)(c) 383,150
400,000 Travelport, Inc., 11.875% due 9/01/2016 (a) 393,000
--------------
7,088,806
-----------------------------------------------------------------------------------------------------------------------------------
Manufacturing - 2.3% 2,050,000 AGY Holding Corp., 11% due 11/15/2014 (a) 2,050,000
3,500,000 CPI Holdco, Inc., 11.298% due 2/01/2015 (c) 3,596,250
2,670,000 NXP B.V., 9.50% due 10/15/2015 (a) 2,740,088
3,435,000 Trimas Corp., 9.875% due 6/15/2012 3,297,600
--------------
11,683,938
-----------------------------------------------------------------------------------------------------------------------------------
Metal - Other - 2.0% 3,250,000 Foundation PA Coal Co., 7.25% due 8/01/2014 3,258,125
3,775,000 Indalex Holding Corp., 11.50% due 2/01/2014 (a) 3,935,437
3,175,000 Novelis, Inc., 8.25% due 2/15/2015 (a) 3,048,000
--------------
10,241,562
-----------------------------------------------------------------------------------------------------------------------------------
Packaging - 3.1% 1,235,000 Berry Plastics Holding Corp., 8.875% due 9/15/2014 (a) 1,245,806
3,015,000 Berry Plastics Holding Corp., 9.235% due 9/15/2014 (a)(c) 3,041,381
3,475,000 Graham Packing Co., Inc., 9.875% due 10/15/2014 3,440,250
4,175,000 Owens-Brockway, 8.875% due 2/15/2009 4,279,375
1,575,000 Owens-Brockway, 8.25% due 5/15/2013 1,622,250
2,165,000 Packaging Dynamics Finance Corp., 10% due 5/01/2016 (a) 2,175,825
--------------
15,804,887
-----------------------------------------------------------------------------------------------------------------------------------
Paper - 8.3% 3,200,000 Abitibi-Consolidated, Inc., 8.86% due 6/15/2011 (c) 3,040,000
1,145,000 Abitibi-Consolidated, Inc., 6% due 6/20/2013 910,275
1,575,000 Ainsworth Lumber Co. Ltd., 9.117% due 10/01/2010 (c) 1,330,875
3,175,000 Boise Cascade LLC, 8.249% due 10/15/2012 (c) 3,182,937
570,000 Bowater Canada Finance, 7.95% due 11/15/2011 547,200
4,475,000 Bowater, Inc., 8.36% due 3/15/2010 (c) 4,519,750
5,075,000 Domtar, Inc., 7.125% due 8/15/2015 4,859,312
1,675,000 Graphic Packaging International Corp., 8.50% due 8/15/2011 1,725,250
BlackRock Corporate High Yield Fund VI, Inc.
Schedule of Investments as of November 30, 2006 (in U.S. dollars)
Face
Amount Corporate Bonds Value
-----------------------------------------------------------------------------------------------------------------------------------
$ 2,200,000 Graphic Packaging International Corp., 9.50% due 8/15/2013 $ 2,266,000
2,400,000 NewPage Corp., 11.739% due 5/01/2012 (c) 2,598,000
1,600,000 NewPage Corp., 12% due 5/01/2013 1,688,000
5,400,000 Norske Skog Canada Ltd. Series D, 8.625% due 6/15/2011 5,454,000
3,175,000 Rock-Tenn Co., 8.20% due 8/15/2011 3,325,813
4,150,000 Smurfit Kappa Funding Plc, 9.625% due 10/01/2012 4,388,625
540,000 Smurfit-Stone Container Enterprises, Inc., 9.75% due 2/01/2011 557,550
1,525,000 Verso Paper Holdings LLC, 9.125% due 8/01/2014 (a) 1,586,000
310,000 Verso Paper Holdings LLC, 11.375% due 8/01/2016 (a) 322,400
--------------
42,301,987
-----------------------------------------------------------------------------------------------------------------------------------
Retail - 2.8% 4,150,000 Jean Coutu Group, Inc., 8.50% due 8/01/2014 4,150,000
2,650,000 Michaels Stores, Inc., 10% due 11/01/2014 (a) 2,706,313
3,350,000 Michaels Stores, Inc., 11.375% due 11/01/2016 (a) 3,433,750
2,225,000 Neiman-Marcus Group, Inc., 9% due 10/15/2015 2,411,344
1,575,000 Neiman-Marcus Group, Inc., 10.375% due 10/15/2015 1,742,344
--------------
14,443,751
-----------------------------------------------------------------------------------------------------------------------------------
Service - 7.2% 3,175,000 Ashtead Capital, Inc., 9% due 8/15/2016 (a) 3,397,250
950,000 Avis Budget Car Rental LLC, 7.625% due 5/15/2014 (a) 917,937
4,450,000 Avis Budget Car Rental LLC, 7.905% due 5/15/2014 (a)(c) 4,283,125
4,775,000 Corrections Corp. of America, 7.50% due 5/01/2011 4,906,312
2,825,000 Dycom Industries, Inc., 8.125% due 10/15/2015 2,923,875
1,875,000 MSW Energy Holdings LLC, 8.50% due 9/01/2010 1,950,000
750,000 MSW Energy Holdings II LLC, 7.375% due 9/01/2010 765,000
2,350,000 Mac-Gray Corp., 7.625% due 8/15/2015 2,385,250
4,775,000 Service Corp. International, 7% due 6/15/2017 4,751,125
5,400,000 United Rentals North America, Inc., 7.75% due 11/15/2013 5,400,000
4,775,000 Waste Services, Inc., 9.50% due 4/15/2014 4,966,000
--------------
36,645,874
-----------------------------------------------------------------------------------------------------------------------------------
Steel - 0.8% 3,175,000 Chaparral Steel Co., 10% due 7/15/2013 3,532,187
700,000 Ucar Finance, Inc., 10.25% due 2/15/2012 738,500
--------------
4,270,687
-----------------------------------------------------------------------------------------------------------------------------------
Telecommunications - 5.5% 2,226,000 ADC Telecommunications, Inc., 1% due 6/15/2008 (h) 2,086,875
1,025,000 ADC Telecommunications, Inc., 5.795% due 6/15/2013 (c)(h) 968,625
3,175,000 Inmarsat Finance Plc, 7.625% due 6/30/2012 3,282,156
4,900,000 LCI International, Inc., 7.25% due 6/15/2007 4,906,125
3,800,000 Nordic Telephone Co. Holdings ApS, 8.875% due 5/01/2016 (a) 4,018,500
3,045,000 Nortel Networks Ltd., 9.624% due 7/15/2011 (a)(c) 3,159,188
650,000 Qwest Communications International, Inc., 7.50% due 2/15/2014 669,500
2,300,000 Qwest Corp., 8.579% due 6/15/2013 (c) 2,492,625
875,000 Qwest Corp., 7.625% due 6/15/2015 934,063
4,800,000 Windstream Corp., 8.125% due 8/01/2013 (a) 5,196,000
--------------
27,713,657
-----------------------------------------------------------------------------------------------------------------------------------
Transportation - 1.0% 590,000 Britannia Bulk Plc, 11% due 12/01/2011 (a) 555,573
2,225,000 OMI Corp., 7.625% due 12/01/2013 2,272,281
2,250,000 Teekay Shipping Corp., 8.875% due 7/15/2011 2,421,563
--------------
5,249,417
-----------------------------------------------------------------------------------------------------------------------------------
Utility - 9.4% 4,000,000 The AES Corp., 9.375% due 9/15/2010 4,350,000
100,000 The AES Corp., 8.75% due 5/15/2013 (a) 107,000
2,124,000 Centerpoint Energy, Inc. Series B, 3.75% due 5/15/2023 (h) 3,055,905
860,000 Conexant Systems, Inc., 9.124% due 11/15/2010 (a)(c) 869,675
450,000 Dynegy Holdings, Inc., 8.375% due 5/01/2016 468,000
4,128,000 ESI Tractebel Acquisition Corp. Series B, 7.99% due 12/30/2011 4,268,521
BlackRock Corporate High Yield Fund VI, Inc.
Schedule of Investments as of November 30, 2006 (in U.S. dollars)
Face
Amount Corporate Bonds Value
-----------------------------------------------------------------------------------------------------------------------------------
$ 2,975,000 Edison Mission Energy, 7.50% due 6/15/2013 $ 3,086,562
2,825,000 El Paso Performance-Linked Trust, 7.75% due 7/15/2011 (a) 2,923,875
4,125,000 Mirant North America LLC, 7.375% due 12/31/2013 4,176,563
2,550,000 NRG Energy, Inc., 7.25% due 2/01/2014 2,550,000
2,350,000 NRG Energy, Inc., 7.375% due 2/01/2016 2,350,000
622,000 Nevada Power Co., 9% due 8/15/2013 675,085
2,400,000 Nevada Power Co., Series A, 8.25% due 6/01/2011 2,648,750
6,050,000 Reliant Energy, Inc., 9.50% due 7/15/2013 6,435,688
3,825,000 Sierra Pacific Power Co. Series A, 8% due 6/01/2008 3,949,125
775,000 Sierra Pacific Resources, 8.625% due 3/15/2014 836,871
1,650,000 Southern Natural Gas Co., 8.875% due 3/15/2010 1,734,353
3,295,278 Tenaska Alabama Partners LP, 7% due 6/30/2021 (a) 3,272,063
--------------
47,758,036
-----------------------------------------------------------------------------------------------------------------------------------
Wireless Communications - 5.6% 2,675,000 Centennial Cellular Operating Co. LLC, 10.125% due 6/15/2013 2,875,625
2,145,000 Cricket Communications, Inc., 9.375% due 11/01/2014 (a) 2,193,262
1,900,000 Dobson Communications Corp., 9.624% due 10/15/2012 (c) 1,935,625
3,800,000 IWO Holdings, Inc., 9.124% due 1/15/2012 (c) 3,876,000
1,405,000 MetroPCS Wireless, Inc., 9.25% due 11/01/2014 (a) 1,427,831
1,875,000 Rogers Wireless Communications, Inc., 8.454% due 12/15/2010 (c) 1,912,500
250,000 Rogers Wireless Communications, Inc., 8% due 12/15/2012 265,000
5,250,000 Rogers Wireless Communications, Inc., 6.375% due 3/01/2014 5,269,688
4,075,000 Rural Cellular Corp., 8.25% due 3/15/2012 4,227,813
520,000 West Corp., 9.50% due 10/15/2014 (a) 515,450
3,870,000 West Corp., 11% due 10/15/2016 (a) 3,845,813
--------------
28,344,607
-----------------------------------------------------------------------------------------------------------------------------------
Total Corporate Bonds
(Cost - $656,909,679) - 130.6% 664,613,362
-----------------------------------------------------------------------------------------------------------------------------------
Floating Rate Loan Interests (k)
-----------------------------------------------------------------------------------------------------------------------------------
Cable - U.S. - 1.6% 8,400,000 Century Cable Holdings LLC Discretionary Term Loan, 10.25%
due 12/31/2009 8,184,750
-----------------------------------------------------------------------------------------------------------------------------------
Chemicals - 0.8% 4,870,000 Wellman, Inc. Second Lien Term Loan, 12.121% due 2/10/2010 4,139,500
-----------------------------------------------------------------------------------------------------------------------------------
Total Floating Rate Loan Interests
(Cost - $12,801,580) - 2.4% 12,324,250
-----------------------------------------------------------------------------------------------------------------------------------
Foreign Government Obligations
-----------------------------------------------------------------------------------------------------------------------------------
Government - Foreign - 1.2% 4,800,000 Brazilian Government International Bond, 11% due 8/17/2040 6,384,000
-----------------------------------------------------------------------------------------------------------------------------------
Total Foreign Government Obligations
(Cost - $6,074,390) - 1.2% 6,384,000
-----------------------------------------------------------------------------------------------------------------------------------
Shares
Held Common Stocks
-----------------------------------------------------------------------------------------------------------------------------------
Cable - U.S. - 0.8% 133,742 Loral Space & Communications Ltd. (g) 4,109,892
-----------------------------------------------------------------------------------------------------------------------------------
Manufacturing - 0.5% 116,910 Medis Technologies Ltd. (g) 2,361,582
-----------------------------------------------------------------------------------------------------------------------------------
Paper - 0.0% 78,039 Western Forest Products, Inc. (g) 112,748
-----------------------------------------------------------------------------------------------------------------------------------
Total Common Stocks
(Cost - $6,714,108) - 1.3% 6,584,222
-----------------------------------------------------------------------------------------------------------------------------------
Preferred Securities
-----------------------------------------------------------------------------------------------------------------------------------
Face
Amount Capital Trusts
-----------------------------------------------------------------------------------------------------------------------------------
Health Care - 1.2% $ 5,975,000 Fresenius Medical Care Capital Trust II, 7.875% due 2/01/2008 6,124,375
-----------------------------------------------------------------------------------------------------------------------------------
Total Capital Trusts
(Cost - $6,090,290) - 1.2% 6,124,375
-----------------------------------------------------------------------------------------------------------------------------------
BlackRock Corporate High Yield Fund VI, Inc.
Schedule of Investments as of November 30, 2006 (in U.S. dollars)
Shares
Held Preferred Stocks Value
-----------------------------------------------------------------------------------------------------------------------------------
Cable - U.S. - 0.4% 9,781 Loral Spacecom Corp. Series A, 12% (f) $ 1,985,543
-----------------------------------------------------------------------------------------------------------------------------------
Total Preferred Stocks
(Cost - $1,931,430) - 0.4% 1,985,543
-----------------------------------------------------------------------------------------------------------------------------------
Total Preferred Securities (Cost - $8,021,720) - 1.6% 8,109,918
-----------------------------------------------------------------------------------------------------------------------------------
Warrants (d)
-----------------------------------------------------------------------------------------------------------------------------------
Health Care - 0.0% 54,577 HealthSouth Corp. (expires 1/16/2014) 43,662
-----------------------------------------------------------------------------------------------------------------------------------
Total Warrants (Cost - $0) - 0.0% 43,662
-----------------------------------------------------------------------------------------------------------------------------------
Beneficial
Interest Short-Term Securities
-----------------------------------------------------------------------------------------------------------------------------------
$ 23,308,588 BlackRock Liquidity Series, LLC
Cash Sweep Series I, 5.26% (e)(i) 23,308,588
-----------------------------------------------------------------------------------------------------------------------------------
Total Short-Term Securities
(Cost - $23,308,588) - 4.6% 23,308,588
-----------------------------------------------------------------------------------------------------------------------------------
Total Investments (Cost - $713,830,065*) - 141.7% 721,368,002
Liabilities in Excess of Other Assets - (41.7%) (212,304,445)
--------------
Net Assets - 100.0% $ 509,063,557
==============
* The cost and unrealized appreciation (depreciation) of investments as of
November 30, 2006, as computed for federal income tax purposes, were as
follows:
Aggregate cost $ 714,564,920
=============
Gross unrealized appreciation $ 15,912,928
Gross unrealized depreciation (9,109,846)
-------------
Net unrealized appreciation $ 6,803,082
=============
(a) The security may be offered and sold to "qualified institutional buyers"
under Rule 144A of the Securities Act of 1933.
(b) Non-income producing security; issuer filed for bankruptcy or is in
default of interest payments.
(c) Floating rate security.
(d) Warrants entitle the Fund to purchase a predetermined number of shares of
common stock and are non-income producing. The purchase price and number
of shares are subject to adjustment under certain conditions until the
expiration date.
(e) Represents the current yield as of November 30, 2006.
(f) Represents a pay-in-kind security which may pay interest/dividends in
additional face/shares.
(g) Non-income producing security.
(h) Convertible security.
(i) Investments in companies considered to be an affiliate of the Fund, for
purposes of Section 2(a)(3) of the Investment Company Act of 1940, were as
follows:
--------------------------------------------------------------------------
Net Interest
Affiliate Activity Income
--------------------------------------------------------------------------
BlackRock Liquidity Series, LLC
Cash Sweep Series I $ 23,241,147 $200,207
--------------------------------------------------------------------------
(j) As a result of bankruptcy proceedings, the company did not repay the
principal amount of the security upon maturity.
(k) Floating rate loan interests in which the Fund invests generally pay
interest at rates that are periodically redetermined by reference to a
base lending rate plus a premium. The base lending rates are generally (i)
the lending rate offered by one or more major European banks, such as
LIBOR (London InterBank Offered Rate), (ii) the prime rate offered by one
or more major U.S. banks or (iii) the certificate of deposit rate.
(l) Represents a step bond; the interest rate shown reflects the effective
yield at the time of purchase.
o For Fund compliance purposes, the Fund's industry classifications refer to
any one or more of the industry sub-classifications used by one or more
widely recognized market indexes or ratings group indexes, and/or as
defined by Fund management. This definition may not apply for purposes of
this report which may combine industry sub-classifications for reporting
ease. Industries are shown as a percent of net assets.
BlackRock Corporate High Yield Fund VI, Inc.
Schedule of Investments as of November 30, 2006 (in U.S. dollars)
o Swaps outstanding as of November 30, 2006 were as follows:
--------------------------------------------------------------------------
Notional Unrealized
Amount Appreciation
--------------------------------------------------------------------------
Sold credit default protection on General
Motors Acceptance Corp. and receive 3.50%
Broker, JPMorgan Chase
Expires March 2007 $ 1,250,000 $ 12,369
Sold credit default protection on General
Motors Acceptance Corp. and receive 4.50%
Broker, Morgan Stanley Capital Services, Inc.
Expires March 2007 $ 1,250,000 16,161
Sold credit default protection on General
Motors Corp. and receive 4.40%
Broker, Morgan Stanley Capital Services, Inc.
Expires June 2007 $ 625,000 11,143
Sold credit default protection on General
Motors Corp. and receive 8.00%
Broker, Morgan Stanley Capital Services, Inc.
Expires June 2007 $ 625,000 23,501
--------------------------------------------------------------------------
Total $ 63,174
============
Item 2 - Controls and Procedures
2(a) - The registrant's certifying officers have reasonably designed such
disclosure controls and procedures to ensure material information
relating to the registrant is made known to us by others particularly
during the period in which this report is being prepared. The
registrant's certifying officers have determined that the registrant's
disclosure controls and procedures are effective based on our evaluation
of these controls and procedures as of a date within 90 days prior to the
filing date of this report.
2(b) - There were no changes in the registrant's internal control over financial
reporting (as defined in Rule 30a-3(d) under the Act (17 CFR
270.30a-3(d)) that occurred during the last fiscal quarter of the period
covered by this report that has materially affected, or is reasonably
likely to materially affect, the registrant's internal control over
financial reporting.
Item 3 - Exhibits
Certifications - Attached hereto
Pursuant to the requirements of the Securities Exchange Act of 1934 and the
Investment Company Act of 1940, the registrant has duly caused this report to be
signed on its behalf by the undersigned, thereunto duly authorized.
BlackRock Corporate High Yield Fund VI, Inc.
By: /s/ Robert C. Doll, Jr.
------------------------------
Robert C. Doll, Jr.
Chief Executive Officer
BlackRock Corporate High Yield Fund VI, Inc.
Date: January 23, 2006
Pursuant to the requirements of the Securities Exchange Act of 1934 and the
Investment Company Act of 1940, this report has been signed below by the
following persons on behalf of the registrant and in the capacities and on the
dates indicated.
By: /s/ Robert C. Doll, Jr.
------------------------------
Robert C. Doll, Jr.
Chief Executive Officer
BlackRock Corporate High Yield Fund VI, Inc.
Date: January 23, 2006
By: /s/ Donald C. Burke
------------------------------
Donald C. Burke
Chief Financial Officer
BlackRock Corporate High Yield Fund VI, Inc.
Date: January 23, 2006