n_23c-2.htm

 
 
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
 
RULE 23C-2 NOTICE OF INTENTION TO REDEEM SECURITIES
 
of
 
BlackRock MuniYield California Fund, Inc.
100 Bellevue Parkway
Wilmington, DE 19809
(888) 825-2257
 
under the
 
Investment Company Act of 1940
 
Investment Company Act File No. 811-06499
 
_________________
 


1.
Title of the class of securities of BlackRock MuniYield California 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.  See Annex A for information concerning the number of Shares of each series and the aggregate principal amount of Shares of each series to be redeemed.  


 
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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 20th day of May, 2011.

 
BLACKROCK MUNIYIELD CALIFORNIA FUND, INC.
     
     
 
By:
/s/ Neal J. Andrews
 
   
Name:  Neal J. Andrews
   
Title:   Chief Financial Officer


 
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Annex A

Series
CUSIP
Redemption Date
Total Shares to be Redeemed
Aggregate
Principal Amount to be Redeemed
A28
09254M204
June 9, 2011
1,453
$36,325,000
B7
09254M303
June 2, 2011
1,453
$36,325,000
 C28   09254M402   June 30, 2011   484   $12,100,000 
D7
09254M501
June 7, 2011
848
$21,200,000

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