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. (HYT)
Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809
Name and address of agent for service: Donald C. Burke, 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: (800) 882-0052, Option 4
Date of fiscal year end: 08/31/2008
Date of reporting period: 03/01/2008 - 05/31/2008
Item 1 - Schedule of Investments
BlackRock Corporate High Yield Fund VI, Inc.
Schedule of Investments May 31, 2008 (Unaudited)
(Percentages shown are based on Net Assets)
Par
Corporate Bonds (000) Value
-----------------------------------------------------------------------------------------------------------------------------------
Aerospace & Defense Alliant Techsystems, Inc., 2.75%, 9/15/11 (a)(b) $ 3,089 $ 3,899,863
- 4.0% DRS Technologies, Inc., 6.875%, 11/01/13 2,325 2,377,313
Esterline Technologies Corp., 7.75%, 6/15/13 1,600 1,628,000
L-3 Communications Corp., 7.625%, 6/15/12 2,200 2,241,250
L-3 Communications Corp., 5.875%, 1/15/15 2,550 2,416,125
L-3 Communications Corp. Series B, 6.375%, 10/15/15 2,200 2,120,250
L-3 Communications Holdings, Inc., 3%, 8/01/35 (a) 2,220 2,725,050
TransDigm, Inc., 7.75%, 7/15/14 750 766,875
------------
18,174,726
-----------------------------------------------------------------------------------------------------------------------------------
Airlines - 0.6% Continental Airlines, Inc. Series 1997-4-B,
6.90%, 7/02/18 2,495 2,245,711
Continental Airlines, Inc. Series 1998-1-C,
6.541%, 9/15/09 10 10,035
Continental Airlines, Inc. Series 2001-1-C,
7.033%, 12/15/12 493 450,658
------------
2,706,404
-----------------------------------------------------------------------------------------------------------------------------------
Auto Components - 1.5% Allison Transmission, 11%, 11/01/15 (b) 455 428,837
Allison Transmission, 11.25%, 11/01/15 (b)(c) 3,025 2,752,750
The Goodyear Tire & Rubber Co., 7.857%, 8/15/11 450 461,250
The Goodyear Tire & Rubber Co., 8.625%, 12/01/11 955 1,007,525
Lear Corp., 8.75%, 12/01/16 2,090 1,896,675
------------
6,547,037
-----------------------------------------------------------------------------------------------------------------------------------
Automobiles - 0.4% Ford Capital BV, 9.50%, 6/01/10 1,192 1,150,280
Ford Motor Co., 8.90%, 1/15/32 1,100 825,000
------------
1,975,280
-----------------------------------------------------------------------------------------------------------------------------------
Building Products Momentive Performance Materials, Inc.,
- 0.6% 11.50%, 12/01/16 3,100 2,627,250
-----------------------------------------------------------------------------------------------------------------------------------
Capital Markets - 0.6% E*Trade Financial Corp., 12.50%, 11/30/17 (b) 2,400 2,616,000
-----------------------------------------------------------------------------------------------------------------------------------
Chemicals - 2.0% American Pacific Corp., 9%, 2/01/15 1,400 1,379,000
Hexion U.S. Finance Corp., 7.176%, 11/15/14 (d) 1,000 950,000
Hexion U.S. Finance Corp., 9.75%, 11/15/14 850 935,000
Innophos, Inc., 8.875%, 8/15/14 1,250 1,275,000
Key Plastics LLC, 11.75%, 3/15/13 (b) 720 324,000
MacDermid, Inc., 9.50%, 4/15/17 (b) 2,680 2,599,600
Nalco Finance Holdings, Inc., 10.078%, 2/01/14 (e) 1,168 1,115,440
Terra Capital, Inc. Series B, 7%, 2/01/17 450 447,188
------------
9,025,228
-----------------------------------------------------------------------------------------------------------------------------------
Commercial Services & ARAMARK Corp., 8.50%, 2/01/15 975 998,156
Supplies - 4.6% Ashtead Capital, Inc., 9%, 8/15/16 (b) 382 339,980
Corrections Corp. of America, 7.50%, 5/01/11 4,775 4,810,812
DI Finance Series B, 9.50%, 2/15/13 451 460,020
PNA Intermediate Holding Corp., 9.676%, 2/15/13 (c)(d) 2,190 1,888,875
Sally Holdings LLC, 9.25%, 11/15/14 350 348,250
Sally Holdings LLC, 10.50%, 11/15/16 1,201 1,170,975
US Investigations Services, Inc., 10.50%, 11/01/15 (b) 1,100 995,500
Waste Services, Inc., 9.50%, 4/15/14 4,775 4,786,938
BlackRock Corporate High Yield Fund VI, Inc.
Schedule of Investments May 31, 2008 (Unaudited)
(Percentages shown are based on Net Assets)
Par
Corporate Bonds (000) Value
-----------------------------------------------------------------------------------------------------------------------------------
West Corp., 9.50%, 10/15/14 $ 1,200 $ 1,122,000
West Corp., 11%, 10/15/16 4,470 3,955,950
------------
20,877,456
-----------------------------------------------------------------------------------------------------------------------------------
Communications Nortel Networks Ltd., 6.963%, 7/15/11 (d) 3,165 2,975,100
Equipment - 0.8% Nortel Networks Ltd., 10.75%, 7/15/16 (b) 670 661,625
------------
3,636,725
-----------------------------------------------------------------------------------------------------------------------------------
Construction & Dycom Industries, Inc., 8.125%, 10/15/15 2,825 2,712,000
Engineering - 0.6%
-----------------------------------------------------------------------------------------------------------------------------------
Construction Materials Nortek Holdings, Inc., 10%, 12/01/13 (b) 5,520 5,485,500
- 1.6% Texas Industries, Inc., 7.25%, 7/15/13 1,600 1,604,000
------------
7,089,500
-----------------------------------------------------------------------------------------------------------------------------------
Containers & Packaging Berry Plastics Holding Corp., 6.651%, 9/15/14 (d) 3,015 2,547,675
- 4.3% Berry Plastics Holding Corp., 8.875%, 9/15/14 2,335 2,136,525
Graphic Packaging International Corp., 8.50%, 8/15/11 1,675 1,691,750
Graphic Packaging International Corp., 9.50%, 8/15/13 1,000 1,007,500
Impress Holdings BV, 5.838%, 9/15/13 (b)(d) 670 577,038
Owens-Brockway Glass Container, Inc., 8.25%, 5/15/13 1,575 1,630,125
Packaging Dynamics Finance Corp., 10%, 5/01/16 (b) 2,165 1,428,900
Pregis Corp., 12.375%, 10/15/13 1,920 1,867,200
Rock-Tenn Co., 8.20%, 8/15/11 3,175 3,302,000
Smurfit-Stone Container Enterprises, Inc., 8%, 3/15/17 3,770 3,251,625
------------
19,440,338
-----------------------------------------------------------------------------------------------------------------------------------
Diversified Consumer Service Corp. International, 7%, 6/15/17 4,775 4,631,750
Services - 1.0%
-----------------------------------------------------------------------------------------------------------------------------------
Diversified Financial Axcan Intermediate Holdings, Inc., 12.75%, 3/01/16 (b) 820 828,200
Services - 1.5% Ford Motor Credit Co. LLC, 5.46%, 1/13/12 (d) 680 574,592
Ford Motor Credit Co. LLC, 7.80%, 6/01/12 300 265,421
GMAC LLC, 7.25%, 3/02/11 950 813,708
GMAC LLC, 6.75%, 12/01/14 1,140 882,611
GMAC LLC, 8%, 11/01/31 1,665 1,275,525
Leucadia National Corp., 8.125%, 9/15/15 2,100 2,149,875
------------
6,789,932
-----------------------------------------------------------------------------------------------------------------------------------
Diversified Qwest Communications International, Inc.,
Telecommunication 7.50%, 2/15/14 3,840 3,763,200
Services - 2.6% Qwest Corp., 6.05%, 6/15/13 (d) 2,300 2,231,000
Qwest Corp., 7.625%, 6/15/15 875 870,625
Windstream Corp., 8.125%, 8/01/13 4,800 4,908,000
------------
11,772,825
-----------------------------------------------------------------------------------------------------------------------------------
Electric Utilities Edison Mission Energy, 7.50%, 6/15/13 2,975 3,034,500
- 2.2% NSG Holdings LLC, 7.75%, 12/15/25 (b) 1,630 1,609,625
Nevada Power Co. Series A, 8.25%, 6/01/11 2,400 2,574,312
Tenaska Alabama Partners LP, 7%, 6/30/21 (b) 3,112 2,884,565
------------
10,103,002
-----------------------------------------------------------------------------------------------------------------------------------
Electrical Equipment Coleman Cable, Inc., 9.875%, 10/01/12 1,625 1,495,000
- 0.4% UCAR Finance, Inc., 10.25%, 2/15/12 120 124,800
------------
1,619,800
-----------------------------------------------------------------------------------------------------------------------------------
BlackRock Corporate High Yield Fund VI, Inc.
Schedule of Investments May 31, 2008 (Unaudited)
(Percentages shown are based on Net Assets)
Par
Corporate Bonds (000) Value
-----------------------------------------------------------------------------------------------------------------------------------
Electronic Equipment & NXP BV, 5.463%, 10/15/13 (d) $ 2,005 $ 1,834,575
Instruments - 0.9% Sanmina-SCI Corp., 6.75%, 3/01/13 240 221,400
Sanmina-SCI Corp., 8.125%, 3/01/16 1,945 1,828,300
------------
3,884,275
-----------------------------------------------------------------------------------------------------------------------------------
Energy Equipment & Compagnie Generale de Geophysique-Veritas,
Services - 2.0% 7.50%, 5/15/15 335 339,188
Compagnie Generale de Geophysique-Veritas,
7.75%, 5/15/17 510 520,200
North American Energy Partners, Inc., 8.75%, 12/01/11 1,140 1,151,400
Ocean RIG ASA, 6.70%, 4/04/11 (d) 3,200 3,200,000
SemGroup LP, 8.75%, 11/15/15 (b) 3,930 3,831,750
------------
9,042,538
-----------------------------------------------------------------------------------------------------------------------------------
Food & Staples AmeriQual Group LLC, 9%, 4/01/12 (b) 1,300 832,000
Retailing - 1.5% National Beef Packing Co. LLC, 10.50%, 8/01/11 3,150 2,929,500
Rite Aid Corp., 7.50%, 3/01/17 3,165 2,884,106
------------
6,645,606
-----------------------------------------------------------------------------------------------------------------------------------
Food Products - 1.1% Del Monte Corp., 8.625%, 12/15/12 4,791 4,910,775
-----------------------------------------------------------------------------------------------------------------------------------
Gas Utilities - 0.5% El Paso Performance-Linked Trust, 7.75%, 7/15/11 (b) 2,110 2,170,515
-----------------------------------------------------------------------------------------------------------------------------------
Health Care Equipment & Catalent Pharma Solutions, Inc., 9.50%, 4/15/15 1,500 1,361,250
Supplies - 2.6% Hologic, Inc., 2.31%, 12/15/37 (a)(e) 1,365 1,214,850
LVB Acquisition Merger Sub, Inc., 10.375%, 10/15/17 (b)(c) 430 456,875
LVB Acquisition Merger Sub, Inc., 11.625%, 10/15/17 (b) 430 455,800
ReAble Therapeutics Finance LLC, 10.875%, 11/15/14 (b) 8,140 8,140,000
------------
11,628,775
-----------------------------------------------------------------------------------------------------------------------------------
Health Care Providers & Community Health Systems, Inc. Series WI,
Services - 3.9% 8.875%, 7/15/15 395 407,344
Omnicare, Inc., 6.75%, 12/15/13 1,150 1,078,125
Omnicare, Inc. Series OCR, 3.25%, 12/15/35 (a) 1,250 910,938
Tenet Healthcare Corp., 6.375%, 12/01/11 435 412,163
Tenet Healthcare Corp., 6.50%, 6/01/12 6,795 6,319,350
US Oncology, Inc., 9%, 8/15/12 2,660 2,689,925
United Surgical Partners International, Inc.,
8.875%, 5/01/17 1,960 1,920,800
Universal Hospital Services, Inc., 6.303%, 6/01/15 (d) 490 464,275
Vanguard Health Holding Co. II, LLC, 9%, 10/01/14 3,175 3,262,313
------------
17,465,233
-----------------------------------------------------------------------------------------------------------------------------------
Hotels, Restaurants & American Real Estate Partners LP, 7.125%, 2/15/13 2,290 2,095,350
Leisure - 7.2% Caesars Entertainment, Inc., 7.875%, 3/15/10 2,200 2,084,500
Galaxy Entertainment Finance Co. Ltd.,
9.829%, 12/15/10 (b)(d) 450 443,250
Galaxy Entertainment Finance Co. Ltd.,
9.875%, 12/15/12 (b) 875 883,750
Great Canadian Gaming Corp., 7.25%, 2/15/15 (b) 3,180 3,084,600
Greektown Holdings, LLC, 10.75%, 12/01/13 (b)(f)(g) 893 616,170
Harrah's Operating Co., Inc., 10.75%, 2/01/18 (b)(c) 5,140 3,875,387
BlackRock Corporate High Yield Fund VI, Inc.
Schedule of Investments May 31, 2008 (Unaudited)
(Percentages shown are based on Net Assets)
Par
Corporate Bonds (000) Value
-----------------------------------------------------------------------------------------------------------------------------------
Inn of the Mountain Gods Resort & Casino,
12%, 11/15/10 $ 2,575 $ 2,240,250
Landry's Restaurants, Inc., 9.50%, 12/15/14 380 374,300
Little Traverse Bay Bands of Odawa Indians,
10.25%, 2/15/14 (b) 1,895 1,771,825
Penn National Gaming, Inc., 6.875%, 12/01/11 3,150 3,087,000
Pinnacle Entertainment, Inc., 7.50%, 6/15/15 (b) 1,270 1,047,750
San Pasqual Casino, 8%, 9/15/13 (b) 1,575 1,504,125
Shingle Springs Tribal Gaming Authority,
9.375%, 6/15/15 (b) 560 488,600
Station Casinos, Inc., 6.50%, 2/01/14 780 491,400
Station Casinos, Inc., 7.75%, 8/15/16 2,575 2,143,688
Station Casinos, Inc., 6.625%, 3/15/18 235 137,475
Travelport LLC, 7.307%, 9/01/14 (d) 530 450,500
Tropicana Entertainment LLC Series WI,
9.625%, 12/15/14 (f)(g) 1,015 568,400
Universal City Florida Holding Co. I, 7.623%, 5/01/10 (d) 2,100 2,063,250
Virgin River Casino Corp., 9%, 1/15/12 1,500 1,027,500
Wynn Las Vegas LLC, 6.625%, 12/01/14 1,975 1,905,875
------------
32,384,945
-----------------------------------------------------------------------------------------------------------------------------------
Household Durables American Greetings Corp., 7.375%, 6/01/16 2,675 2,668,312
- 1.0% Jarden Corp., 7.50%, 5/01/17 1,595 1,423,537
The Yankee Candle Co., Inc., 9.75%, 2/15/17 565 440,700
------------
4,532,549
-----------------------------------------------------------------------------------------------------------------------------------
IT Services - 1.2% First Data Corp., 9.875%, 9/24/15 (b) 1,745 1,579,225
SunGard Data Systems, Inc., 9.125%, 8/15/13 3,750 3,862,500
------------
5,441,725
-----------------------------------------------------------------------------------------------------------------------------------
Independent Power The AES Corp., 8.75%, 5/15/13 (b) 62 64,403
Producers & Energy Energy Future Holding Corp., 11.25%, 11/01/17 (b)(c) 5,575 5,742,250
Traders - 3.0% NRG Energy, Inc., 7.25%, 2/01/14 2,550 2,499,000
NRG Energy, Inc., 7.375%, 2/01/16 2,350 2,291,250
Texas Competitive Electric Holdings Co. LLC, 10.25%, 11/01/15 (b) 1,145 1,169,331
Texas Competitive Electric Holdings Co. LLC, 10.50%, 11/01/16 (b)(c) 1,575 1,598,625
------------
13,364,859
-----------------------------------------------------------------------------------------------------------------------------------
Insurance - 0.7% Alliant Holdings I, Inc., 11%, 5/01/15 (b) 2,600 2,249,000
USI Holdings Corp., 6.551%, 11/15/14 (b)(d) 1,070 861,350
------------
3,110,350
-----------------------------------------------------------------------------------------------------------------------------------
Leisure Equipment & Quiksilver, Inc., 6.875%, 4/15/15 2,725 2,234,500
Products - 0.5%
-----------------------------------------------------------------------------------------------------------------------------------
Machinery - 1.2% AGY Holding Corp., 11%, 11/15/14 (b) 2,050 1,886,000
Accuride Corp., 8.50%, 2/01/15 865 713,625
RBS Global, Inc., 8.875%, 9/01/16 885 854,025
Terex Corp., 8%, 11/15/17 1,935 1,978,538
------------
5,432,188
-----------------------------------------------------------------------------------------------------------------------------------
BlackRock Corporate High Yield Fund VI, Inc.
Schedule of Investments May 31, 2008 (Unaudited)
(Percentages shown are based on Net Assets)
Par
Corporate Bonds (000) Value
-----------------------------------------------------------------------------------------------------------------------------------
Marine - 0.2% Navios Maritime Holdings, Inc., 9.50%, 12/15/14 $ 743 $ 765,290
-----------------------------------------------------------------------------------------------------------------------------------
Media - 14.4% Affinion Group, Inc., 11.50%, 10/15/15 2,189 2,224,571
Allbritton Communications Co., 7.75%, 12/15/12 2,800 2,807,000
American Media Operations, Inc. Series B,
10.25%, 5/01/09 389 326,453
Barrington Broadcasting Group LLC, 10.50%, 8/15/14 1,850 1,618,750
CMP Susquehanna Corp., 9.875%, 5/15/14 3,175 2,238,375
CSC Holdings, Inc. Series B, 7.625%, 4/01/11 3,750 3,750,000
Cablevision Systems Corp. Series B, 8%, 4/15/12 775 753,687
Cadmus Communications Corp., 8.375%, 6/15/14 2,525 2,146,250
Charter Communications Holdings I, LLC, 11%, 10/01/15 5,025 4,266,200
Charter Communications Holdings II, LLC,
10.25%, 9/15/10 4,815 4,790,925
Dex Media West LLC, 9.875%, 8/15/13 2,256 2,174,220
DirecTV Holdings LLC, 7.625%, 5/15/16 (b) 3,600 3,586,500
EchoStar DBS Corp., 7.125%, 2/01/16 1,840 1,757,200
Harland Clarke Holdings Corp., 7.426%, 5/15/15 (d) 550 413,875
Harland Clarke Holdings Corp., 9.50%, 5/15/15 660 541,200
Liberty Media Corp., 3.125%, 3/30/23 (a) 1,748 1,879,100
Mediacom LLC, 9.50%, 1/15/13 3,900 3,724,500
Network Communications, Inc., 10.75%, 12/01/13 40 30,600
Nielsen Finance LLC, 10%, 8/01/14 2,990 3,083,437
Nielsen Finance LLC, 10%, 8/01/14 (b) 2,795 2,882,344
Paxson Communications Corp., 5.963%, 1/15/12 (b)(d) 4,750 3,966,250
R.H. Donnelley Corp., 8.875%, 10/15/17 (b) 720 482,400
R.H. Donnelley Corp. Series A-2, 6.875%, 1/15/13 1,950 1,306,500
R.H. Donnelley Corp. Series A-3, 8.875%, 1/15/16 1,215 832,275
Rainbow National Services LLC, 10.375%, 9/01/14 (b) 2,010 2,150,700
Salem Communications Corp., 7.75%, 12/15/10 4,075 3,815,219
Sirius Satellite Radio, Inc., 9.625%, 8/01/13 875 750,313
TL Acquisitions, Inc., 10.50%, 1/15/15 (b) 6,240 5,678,400
Windstream Regatta Holdings, Inc., 11%, 12/01/17 (b) 1,117 748,390
------------
64,725,634
-----------------------------------------------------------------------------------------------------------------------------------
Metals & Mining - 5.1% Aleris International, Inc., 9%, 12/15/14 (c) 2,215 1,810,762
Aleris International, Inc., 10%, 12/15/16 1,300 932,750
Blaze Recycling & Metals LLC, 10.875%, 7/15/12 (b) 320 304,000
FMG Finance Property Ltd., 10%, 9/01/13 (b) 850 939,250
FMG Finance Property Ltd., 10.625%, 9/01/16 (b) 2,060 2,389,600
Foundation PA Coal Co., 7.25%, 8/01/14 3,250 3,331,250
Freeport-McMoRan Copper & Gold, Inc.,
5.883%, 4/01/15 (d) 2,775 2,774,722
Freeport-McMoRan Copper & Gold, Inc.,
8.375%, 4/01/17 3,970 4,267,750
Indalex Holding Corp. Series B, 11.50%, 2/01/14 1,626 886,170
Novelis, Inc., 7.25%, 2/15/15 3,175 2,984,500
Ryerson, Inc., 10.248%, 11/01/14 (b)(d) 640 590,400
BlackRock Corporate High Yield Fund VI, Inc.
Schedule of Investments May 31, 2008 (Unaudited)
(Percentages shown are based on Net Assets)
Par
Corporate Bonds (000) Value
-----------------------------------------------------------------------------------------------------------------------------------
Ryerson, Inc., 12%, 11/01/15 (b) $ 910 $ 882,700
Steel Dynamics, Inc., 7.375%, 11/01/12 (b) 820 826,150
------------
22,920,004
-----------------------------------------------------------------------------------------------------------------------------------
Multiline Retail - 0.5% Neiman Marcus Group, Inc., 9%, 10/15/15 (c) 2,355 2,385,926
-----------------------------------------------------------------------------------------------------------------------------------
Oil, Gas & Consumable Atlas Energy Resources LLC, 10.75%, 2/01/18 (b) 2,005 2,125,300
Fuels - 7.8% Berry Petroleum Co., 8.25%, 11/01/16 800 820,000
Chaparral Energy, Inc., 8.50%, 12/01/15 1,070 946,950
Chesapeake Energy Corp., 7.25%, 12/15/18 4,000 3,970,000
Compton Petroleum Finance Corp., 7.625%, 12/01/13 2,555 2,500,706
Connacher Oil and Gas Ltd., 10.25%, 12/15/15 (b) 2,035 2,146,925
Copano Energy LLC, 8.125%, 3/01/16 1,100 1,130,250
EXCO Resources, Inc., 7.25%, 1/15/11 4,450 4,366,562
Encore Acquisition Co., 6.25%, 4/15/14 3,150 3,039,750
Forest Oil Corp., 7.25%, 6/15/19 1,920 1,886,400
Forest Oil Corp., 7.25%, 6/15/19 (b) 1,675 1,645,688
OPTI Canada, Inc., 8.25%, 12/15/14 2,710 2,791,300
Petrohawk Energy Corp., 7.875%, 6/01/15 (b) 975 973,781
Sabine Pass LNG LP, 7.50%, 11/30/16 610 557,388
SandRidge Energy, Inc., 6.323%, 4/01/14 (b)(d) 1,000 980,000
SandRidge Energy, Inc., 8.625%, 4/01/15 (b)(c) 1,100 1,130,250
SandRidge Energy, Inc., 8%, 6/01/18 (b) 1,570 1,589,625
Teekay Shipping Corp., 8.875%, 7/15/11 2,250 2,404,688
------------
35,005,563
-----------------------------------------------------------------------------------------------------------------------------------
Paper & Forest Products Abitibi-Consolidated, Inc., 6.30%, 6/15/11 (d) 3,200 1,440,000
- 4.9% Abitibi-Consolidated, Inc., 8.85%, 8/01/30 310 120,900
Ainsworth Lumber Co. Ltd., 6.446%, 10/01/10 (d) 2,145 1,029,600
Ainsworth Lumber Co. Ltd., 7.25%, 10/01/12 175 78,750
Ainsworth Lumber Co. Ltd., 6.696%, 4/01/13 (d) 1,215 619,650
Bowater Canada Finance Corp., 7.95%, 11/15/11 1,240 868,000
Bowater, Inc., 5.80%, 3/15/10 (d) 4,475 3,535,250
Domtar Corp., 7.125%, 8/15/15 4,300 4,106,500
NewPage Corp., 10%, 5/01/12 (b) 3,495 3,722,175
NewPage Corp., 12%, 5/01/13 1,930 2,040,975
Norske Skog Canada Ltd. Series D, 8.625%, 6/15/11 1,415 1,223,975
Verso Paper Holdings LLC Series B, 6.623%, 8/01/14 (d) 450 418,500
Verso Paper Holdings LLC Series B, 9.125%, 8/01/14 2,900 2,979,750
------------
22,184,025
-----------------------------------------------------------------------------------------------------------------------------------
Personal Products - 0.5% Chattem, Inc., 7%, 3/01/14 2,175 2,164,125
-----------------------------------------------------------------------------------------------------------------------------------
Pharmaceuticals - 1.1% Angiotech Pharmaceuticals, Inc., 6.432%, 12/01/13 (d) 2,225 1,924,625
Elan Finance Plc, 6.676%, 11/15/11 (d) 3,175 2,984,500
------------
4,909,125
-----------------------------------------------------------------------------------------------------------------------------------
Real Estate Investment FelCor Lodging LP, 8.50%, 6/01/11 1,875 1,907,812
Trusts (REITs) - 0.4%
-----------------------------------------------------------------------------------------------------------------------------------
Real Estate Management & Forest City Enterprises, Inc., 7.625%, 6/01/15 4,750 4,429,375
Development - 2.0% Realogy Corp., 10.50%, 4/15/14 2,040 1,530,000
Realogy Corp., 11%, 4/15/14 (c) 2,525 1,641,250
BlackRock Corporate High Yield Fund VI, Inc.
Schedule of Investments May 31, 2008 (Unaudited)
(Percentages shown are based on Net Assets)
Par
Corporate Bonds (000) Value
-----------------------------------------------------------------------------------------------------------------------------------
Realogy Corp., 12.375%, 4/15/15 $ 2,565 $ 1,397,925
------------
8,998,550
-----------------------------------------------------------------------------------------------------------------------------------
Road & Rail - 1.0% Avis Budget Car Rental LLC, 5.176%, 5/15/14 (d) 4,450 3,815,875
Avis Budget Car Rental LLC, 7.625%, 5/15/14 950 855,000
------------
4,670,875
-----------------------------------------------------------------------------------------------------------------------------------
Semiconductors & Amkor Technology, Inc., 7.75%, 5/15/13 450 432,000
Semiconductor Amkor Technology, Inc., 9.25%, 6/01/16 1,265 1,255,512
Equipment - 1.2% Freescale Semiconductor, Inc., 8.875%, 12/15/14 1,040 920,400
Freescale Semiconductor, Inc., 9.125%, 12/15/14 (c) 1,450 1,243,375
Spansion, Inc., 5.807%, 6/01/13 (b)(d) 1,920 1,401,600
------------
5,252,887
-----------------------------------------------------------------------------------------------------------------------------------
Software - 0.1% BMS Holdings, Inc., 9.954%, 2/15/12 (b)(c)(d) 1,072 643,079
-----------------------------------------------------------------------------------------------------------------------------------
Specialty Retail - 3.6% Asbury Automotive Group, Inc., 7.625%, 3/15/17 560 470,400
AutoNation, Inc., 4.713%, 4/15/13 (d) 4,575 4,043,156
AutoNation, Inc., 7%, 4/15/14 1,150 1,088,187
Buffets, Inc., 12.50%, 11/01/14 (f)(g) 950 19,000
General Nutrition Centers, Inc., 7.199%, 3/15/14 (c)(d) 2,800 2,433,764
General Nutrition Centers, Inc., 10.75%, 3/15/15 2,260 2,022,700
Group 1 Automotive, Inc., 2.25%, 6/15/36 (a)(e) 1,440 957,600
Michaels Stores, Inc., 10%, 11/01/14 2,375 2,196,875
Michaels Stores, Inc., 11.375%, 11/01/16 1,530 1,315,800
United Auto Group, Inc., 7.75%, 12/15/16 1,805 1,678,650
------------
16,226,132
-----------------------------------------------------------------------------------------------------------------------------------
Textiles, Apparel & Levi Strauss & Co., 8.875%, 4/01/16 3,200 3,240,000
Luxury Goods - 0.7%
-----------------------------------------------------------------------------------------------------------------------------------
Thrifts & Mortgage Residential Capital Corp., 7.625%, 11/21/08 1,630 1,499,600
Finance - 0.3%
-----------------------------------------------------------------------------------------------------------------------------------
Wireless Centennial Cellular Operating Co. LLC, 10.125%, 6/15/13 2,675 2,782,000
Telecommunication Centennial Communications Corp., 8.448%, 1/01/13 (d) 2,170 2,066,925
Services - 5.7% Cricket Communications, Inc., 9.375%, 11/01/14 (b)(e) 1,850 1,785,250
Digicel Group Ltd., 8.875%, 1/15/15 (b) 1,830 1,679,025
Digicel Group Ltd., 9.125%, 1/15/15 (b)(c) 3,064 2,570,404
FiberTower Corp., 9%, 11/15/12 (a) 1,000 765,000
iPCS, Inc., 4.998%, 5/01/13 (d) 990 851,400
MetroPCS Wireless, Inc., 9.25%, 11/01/14 5,090 4,892,762
Nordic Telephone Co. Holdings ApS, 8.875%, 5/01/16 (b) 3,800 3,743,000
Orascom Telecom Finance SCA, 7.875%, 2/08/14 (b) 385 368,638
Rural Cellular Corp., 8.25%, 3/15/12 1,425 1,474,875
Sprint Capital Corp., 7.625%, 1/30/11 2,910 2,815,425
------------
25,794,704
-----------------------------------------------------------------------------------------------------------------------------------
Total Corporate Bonds - 106.1% 477,887,417
-----------------------------------------------------------------------------------------------------------------------------------
Floating Rate Loan Interests
-----------------------------------------------------------------------------------------------------------------------------------
Auto Components - 0.2% Allison Transmission Term Loan B, 5.48% - 5.75%, 8/07/14 748 685,114
-----------------------------------------------------------------------------------------------------------------------------------
Building Products - 0.9% Building Material Corp. of America First Lien Term Loan, 5.687%, 2/22/14 750 670,313
BlackRock Corporate High Yield Fund VI, Inc.
Schedule of Investments May 31, 2008 (Unaudited)
(Percentages shown are based on Net Assets)
Par
Floating Rate Loan Interests (000) Value
-----------------------------------------------------------------------------------------------------------------------------------
Masonite International Term Loan, 5.046%, 4/06/13 $ 1,829 $ 1,733,303
Masonite International Term Loan B, 5.046%, 4/06/13 1,820 1,724,772
------------
4,128,388
-----------------------------------------------------------------------------------------------------------------------------------
Capital Markets - 0.2% Marsico Parent Company, LLC Term Loan B,
5.625% - 7.25%, 11/14/14 997 887,775
-----------------------------------------------------------------------------------------------------------------------------------
Chemicals - 1.5% PQ Corp. First Lien Term Loan, 8.203%, 5/29/15 1,000 937,500
PQ Corp. Second Lien Term Loan, 12.442%, 5/29/16 5,500 4,840,000
Wellman, Inc. Second Lien Term Loan,
9.989%, 2/10/10 (f)(g) 4,870 1,120,100
------------
6,897,600
-----------------------------------------------------------------------------------------------------------------------------------
Communications Alltel Corp. Term Loan B1, 5.248%, 5/16/15 2,625 2,424,844
Equipment - 0.5%
-----------------------------------------------------------------------------------------------------------------------------------
Containers & Packaging Berry Plastics Corp. Term Loan B, 9.728%, 6/15/14 1,449 1,014,562
- 0.2%
-----------------------------------------------------------------------------------------------------------------------------------
Diversified Wind Telecomunicazione SpA Second Lien Term
Telecommunication Loan, 10.92%, 12/17/14 EUR 1,500 2,344,220
Services - 0.5%
-----------------------------------------------------------------------------------------------------------------------------------
Health Care Providers & Rotech Healthcare, Inc. Term Loan B, 8.899%, 9/26/11 $ 2,584 2,248,440
Services - 0.5%
-----------------------------------------------------------------------------------------------------------------------------------
Hotels, Restaurants & Travelport, Inc. Term Loan, 9.913%, 3/22/12 4,359 3,399,656
Leisure - 0.8%
-----------------------------------------------------------------------------------------------------------------------------------
Household Products Spectrum Brands, Inc. Letter of Credit, 2.678%, 4/15/13 40 37,911
- 0.2% Spectrum Brands, Inc. Term Loan B-1, 6.59% - 6.734%,
4/15/13 792 752,652
------------
790,563
-----------------------------------------------------------------------------------------------------------------------------------
Independent Power TXU Corp. Term Loan B-1, 6.234%, 10/10/14 350 328,125
Producers & Energy TXU Corp. Term Loan B-2, 6.121% - 6.478%, 10/14/29 746 702,238
Traders - 1.5% TXU Corp. Term Loan B-3, 6.234% - 6.478%, 10/10/14 5,970 5,610,308
------------
6,640,671
-----------------------------------------------------------------------------------------------------------------------------------
Machinery - 0.1% Rexnord Corp. Payment In Kind Term Loan,
10.058%, 3/02/13 634 497,804
-----------------------------------------------------------------------------------------------------------------------------------
Media - 3.8% Affinion Group, Inc. Term Loan, 9.267%, 3/01/12 650 542,750
Catalina Marketing Group Term Loan, 6.938%, 10/09/17 4,250 3,750,625
Education Media and Publishing First Lien Term Loan B,
6.901%, 11/14/14 3,955 3,618,409
Education Media and Publishing Second Lien Term
Loan, 12.401%, 11/14/14 9,608 7,974,692
New Vision Television First Lien Term Loan,
9.58%, 10/26/14 1,750 1,382,500
------------
17,268,976
-----------------------------------------------------------------------------------------------------------------------------------
Paper & Forest Products NewPage Corp. Tem Loan B, 6.313%, 12/07/14 499 496,817
- 0.5% Verso Paper Holdings LLC Term Loan B, 9.078%, 2/01/13 1,763 1,660,046
------------
2,156,863
-----------------------------------------------------------------------------------------------------------------------------------
Total Floating Rate Loan Interests - 11.4% 51,385,476
-----------------------------------------------------------------------------------------------------------------------------------
BlackRock Corporate High Yield Fund VI, Inc.
Schedule of Investments May 31, 2008 (Unaudited)
(Percentages shown are based on Net Assets)
Industry Common Stocks Shares Value
-----------------------------------------------------------------------------------------------------------------------------------
Capital Markets - 0.1% E*Trade Financial Corp. (g) 116,170 $ 476,297
-----------------------------------------------------------------------------------------------------------------------------------
Communications Loral Space & Communications Ltd. (g) 134,482 2,607,606
Equipment - 0.6%
-----------------------------------------------------------------------------------------------------------------------------------
Electrical Equipment Medis Technologies Ltd. (g) 116,910 723,673
- 0.2%
-----------------------------------------------------------------------------------------------------------------------------------
Multi-Utilities - 0.7% CenterPoint Energy, Inc. 192,779 3,265,675
-----------------------------------------------------------------------------------------------------------------------------------
Paper & Forest Products Western Forest Products, Inc. Restricted Shares (g) 78,039 94,250
- 0.0%
-----------------------------------------------------------------------------------------------------------------------------------
Semiconductors & Cypress Semiconductor Corp. (g) 49,717 1,386,110
Semiconductor Equipment
- 0.3%
-----------------------------------------------------------------------------------------------------------------------------------
Total Common Stocks - 1.9% 8,553,611
-----------------------------------------------------------------------------------------------------------------------------------
Preferred Securities
-----------------------------------------------------------------------------------------------------------------------------------
Par
Capital Trusts (000)
-----------------------------------------------------------------------------------------------------------------------------------
Diversified Financial Citigroup, Inc., 8.40% (d)(h) $ 3,200 3,172,128
Services - 0.7%
-----------------------------------------------------------------------------------------------------------------------------------
Total Capital Trusts - 0.7% 3,172,128
-----------------------------------------------------------------------------------------------------------------------------------
Preferred Stocks Shares
-----------------------------------------------------------------------------------------------------------------------------------
Insurance - 0.3% American International Group, Inc., 8.50% (a) 20,000 1,479,800
-----------------------------------------------------------------------------------------------------------------------------------
Oil, Gas & Consumable EXCO Resources, Inc., 7% (a) 67 804,000
Fuels - 0.9% EXCO Resources, Inc., 11% 279 3,348,000
------------
4,152,000
-----------------------------------------------------------------------------------------------------------------------------------
Total Preferred Stocks - 1.2% 5,631,800
-----------------------------------------------------------------------------------------------------------------------------------
Total Preferred Securities - 1.9% 8,803,928
-----------------------------------------------------------------------------------------------------------------------------------
Warrants (i)
-----------------------------------------------------------------------------------------------------------------------------------
Health Care Providers & HealthSouth Corp. (expires 1/16/14) 54,577 13,644
Services - 0.0%
-----------------------------------------------------------------------------------------------------------------------------------
Total Warrants - 0.0% 13,644
-----------------------------------------------------------------------------------------------------------------------------------
Beneficial
Interest
Other Interests (j) (000)
-----------------------------------------------------------------------------------------------------------------------------------
Media - 0.0% Adelphia Escrow $ 1,300 130
Adelphia Recovery Trust 1,630 6,522
-----------------------------------------------------------------------------------------------------------------------------------
Total Other Interests - 0.0% 6,652
-----------------------------------------------------------------------------------------------------------------------------------
Total Long-Term Investments
(Cost - $586,419,959) - 121.4% 546,650,728
-----------------------------------------------------------------------------------------------------------------------------------
Short-Term Securities
-----------------------------------------------------------------------------------------------------------------------------------
BlackRock Liquidity Series, LLC
Cash Sweep Series, 2.63% (k)(l) 2,524 2,524,243
-----------------------------------------------------------------------------------------------------------------------------------
Total Short-Term Securities
(Cost - $2,524,243) - 0.6% 2,524,243
-----------------------------------------------------------------------------------------------------------------------------------
Total Investments (Cost - $588,944,202*) - 121.9% 549,174,971
Liabilities in Excess of Other Assets - (21.9%) (98,769,755)
------------
Net Assets - 100.0% $450,405,216
============
BlackRock Corporate High Yield Fund VI, Inc.
Schedule of Investments May 31, 2008 (Unaudited)
* The cost and unrealized appreciation (depreciation) of investments as of
May 31, 2008, as computed for federal income tax purposes, were as
follows:
Aggregate cost $ 589,722,594
=============
Gross unrealized appreciation $ 8,217,887
Gross unrealized depreciation (48,765,510)
-------------
Net unrealized depreciation $ (40,547,623)
=============
(a) Convertible security.
(b) Security exempt from registration under Rule 144A of the Securities Act of
1933. These securities may be resold in transactions exempt from
registration to qualified institutional investors. Unless otherwise
indicated, these securities are not considered to be illiquid.
(c) Represents a pay-in-kind security that may pay interest/dividends in
additional face/shares.
(d) Variable rate security. Rate shown is as of report date. Maturity shown is
the final maturity date.
(e) Represents a step bond; rate shown reflects the effective yield at the
time of purchase.
(f) Non-income producing security; issuer filed for bankruptcy or is in
default of interest payments.
(g) Non-income producing security.
(h) Security is perpetual in nature and has no stated maturity date. In
certain instances, a final maturity date may be extended and/or the final
payment may be deferred at the issuer's option for a specified tie without
default.
(i) 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.
(j) Other interests represent beneficial interest in liquidation trusts and
other reorganization entities and are non-income producing.
(k) 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 Activity Interest
Affiliate (000) Income
--------------------------------------------------------------------------
BlackRock Liquidity Series, LLC
Cash Sweep Series $ (294) $ 85,611
--------------------------------------------------------------------------
(l) Represents the current yield as of report date.
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.
o Forward foreign currency contracts as of May 31, 2008 were as follows:
--------------------------------------------------------------------------
Currency Currency Settlement Unrealized
Purchased Sold Date Depreciation
--------------------------------------------------------------------------
$ 2,266,636 EUR 1,462,000 7/23/08 $ (1,811)
--------------------------------------------------------------------------
BlackRock Corporate High Yield Fund VI, Inc.
Schedule of Investments May 31, 2008 (Unaudited)
o Swaps outstanding as of May 31, 2008 were as follows:
------------------------------------------------------------------------------------
Notional
Amount Unrealized
(000) Depreciation
------------------------------------------------------------------------------------
Sold credit default protection on Ford Motor
Company and receive 3.80%
Broker, JPMorgan Chase
Expires March 2010 $ 5,000 $ (480,855)
Sold credit default protection on Ford Motor Company
and receive 3.80%
Broker, UBS Warburg
Expires March 2010 $ 1,590 (152,912)
Sold credit default protection on Ford Motor Company
and receive 5%
Broker, Goldman Sachs
Expires June 2010 $ 6,330 (568,174)
------------------------------------------------------------------------------------
Total $ 1,201,941)
===========
o Currency Abbreviation:
EUR Euro
Item 2 - Controls and Procedures
2(a) - The registrant's principal executive and principal financial
officers or persons performing similar functions have concluded that
the registrant's disclosure controls and procedures (as defined in
Rule 30a-3(c) under the Investment Company Act of 1940, as amended
(the "1940 Act")) are effective as of a date within 90 days of the
filing of this report based on the evaluation of these controls and
procedures required by Rule 30a-3(b) under the 1940 Act and Rule
13a-15(b) under the Securities Exchange Act of 1934, as amended.
2(b) - There were no changes in the registrant's internal control over
financial reporting (as defined in Rule 30a-3(d) under the 1940 Act)
that occurred during the registrant's last fiscal quarter that have
materially affected, or are 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/ Donald C. Burke
-------------------
Donald C. Burke
Chief Executive Officer of
BlackRock Corporate High Yield Fund VI, Inc.
Date: July 18, 2008
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/ Donald C. Burke
-------------------
Donald C. Burke
Chief Executive Officer (principal executive officer) of
BlackRock Corporate High Yield Fund VI, Inc.
Date: July 18, 2008
By: /s/ Neal J. Andrews
-------------------
Neal J. Andrews
Chief Financial Officer (principal financial officer) of
BlackRock Corporate High Yield Fund VI, Inc.
Date: July 18, 2008