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 811-06499
Name of Fund: BlackRock MuniYield California Fund, Inc. (MYC)
Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809
Name and address of agent for service: John M. Perlowski, Chief Executive Officer, BlackRock MuniYield California Fund, Inc., 55 East 52nd Street, New York, NY 10055
Registrant’s telephone number, including area code: (800) 882-0052, Option 4
Date of fiscal year end: 07/31/2014
Date of reporting period: 04/30/2014
Item 1 – Schedule of Investments
| Schedule of Investments April 30, 2014 (Unaudited) | BlackRock MuniYield California Fund, Inc. (MYC) |
| (Percentages shown are based on Net Assets) |
| Municipal Bonds | Par (000) |
Value | ||||
California — 100.9% | ||||||
| Corporate — 1.6% | ||||||
| City of Chula Vista California, Refunding RB, San Diego Gas & Electric: | ||||||
| Series A, 5.88%, 2/15/34 | $ | 975 | $ | 1,118,393 | ||
| Series D, 5.88%, 1/01/34 | 4,000 | 4,588,280 | ||||
| 5,706,673 | ||||||
| County/City/Special District/School District — 31.7% | ||||||
| Campbell Union High School District, GO, Election of 2006, Series C, 5.75%, 8/01/40 | 4,000 | 4,649,400 | ||||
| City of Los Angeles California, COP, Senior, Sonnenblick Del Rio West Los Angeles (AMBAC), 6.20%, 11/01/31 | 2,000 | 2,009,020 | ||||
| City of San Jose California Hotel Tax, RB, Convention Center Expansion & Renovation Project: | ||||||
| 6.50%, 5/01/36 | 1,520 | 1,780,452 | ||||
| 6.50%, 5/01/42 | 1,860 | 2,173,708 | ||||
| County of San Joaquin California Transportation Authority, Refunding RB, Limited Tax, Measure K, Series A, 6.00%, 3/01/36 | 2,440 | 2,949,203 | ||||
| County of Santa Clara California Financing Authority, Refunding LRB, Series L, 5.25%, 5/15/36 | 16,000 | 17,761,760 | ||||
| El Monte Union High School District, GO, Election of 2002, Series C, 5.25%, 6/01/32 | 9,620 | 10,713,698 | ||||
| Garden Grove Unified School District, GO, Election of 2010, Series C, 5.25%, 8/01/40 | 5,500 | 6,116,935 | ||||
| Grossmont Healthcare District, GO, Election of 2006, Series B, 6.13%, 7/15/40 | 2,000 | 2,328,000 | ||||
| Los Angeles Community College District California, GO, Election of 2008, Series C, 5.25%, 8/01/39 | 7,335 | 8,340,188 | ||||
| Los Angeles Municipal Improvement Corp., RB, Real Property, Series E: | ||||||
| 5.75%, 9/01/34 | 1,215 | 1,402,960 | ||||
| 6.00%, 9/01/34 | 2,615 | 3,066,114 | ||||
| Los Rios Community College District, GO, Election of 2002, Series D, 5.38%, 8/01/34 | 4,625 | 5,276,986 | ||||
| Municipal Bonds | Par (000) |
Value | ||||
California (continued) | ||||||
| County/City/Special District/School District (concluded) | ||||||
| Mount San Antonio Community College District, GO, Refunding, Election of 2008, Series 2013 A, 5.00%, 8/01/34 | $ | 2,000 | $ | 2,220,240 | ||
| Oak Grove School District California, GO, Election of 2008, Series A, 5.50%, 8/01/33 | 4,000 | 4,613,920 | ||||
| Ohlone Community College District, GO, Election of 2010, Series A, 5.25%, 8/01/41 | 7,135 | 7,851,497 | ||||
| Pico Rivera Public Financing Authority, RB, 5.75%, 9/01/39 | 6,035 | 6,625,706 | ||||
| Riverside Community Properties Development, Inc., RB, Riverside County Law Building Project, 6.00%, 10/15/38 | 5,000 | 5,663,050 | ||||
| San Diego Regional Building Authority, RB, County Operations Center & Annex, Series A, 5.38%, 2/01/36 | 4,100 | 4,666,497 | ||||
| Santa Ana Unified School District, GO, Election of 2008, Series A, 5.13%, 8/01/33 | 6,205 | 6,969,394 | ||||
| West Contra Costa California Unified School District, GO, Election of 2012, Series A, 5.50%, 8/01/39 | 2,500 | 2,797,725 | ||||
| 109,976,453 | ||||||
| Education — 4.3% | ||||||
| California Educational Facilities Authority, Refunding RB: | ||||||
| Pitzer College, 6.00%, 4/01/40 | 2,500 | 2,916,475 | ||||
| San Francisco University, 6.13%, 10/01/36 | 1,745 | 2,055,872 | ||||
| California Municipal Finance Authority, RB, Emerson College, 6.00%, 1/01/42 | 2,750 | 3,117,785 | ||||
| California School Finance Authority, RB: | ||||||
| Alliance College-Ready Public Schools - 2023 Union LLC Project, Series A, 6.00%, 7/01/33 | 1,500 | 1,579,800 | ||||
| Alliance College-Ready Public Schools - 2023 Union LLC Project, Series A, 6.30%, 7/01/43 | 3,000 | 3,145,650 | ||||
| Value Schools, 6.65%, 7/01/33 | 595 | 618,122 | ||||
| BlackRock MuniYield California Fund, Inc. | April 30, 2014 | 1 | |||
| Schedule of Investments (continued) | BlackRock MuniYield California Fund, Inc. (MYC) |
| (Percentages shown are based on Net Assets) |
| Municipal Bonds | Par (000) |
Value | ||||
California (continued) | ||||||
| Education (concluded) | ||||||
| California School Finance Authority, RB (concluded): | ||||||
| Value Schools, 6.90%, 7/01/43 | $ | 1,330 | $ | 1,380,194 | ||
| 14,813,898 | ||||||
| Health — 19.5% | ||||||
| ABAG Finance Authority for Nonprofit Corps., Refunding RB, Sharp Healthcare: | ||||||
| 6.38%, 8/01/14 (a) | 2,000 | 2,031,320 | ||||
| Series A, 6.00%, 8/01/30 | 2,270 | 2,729,675 | ||||
| California Health Facilities Financing Authority, RB: | ||||||
| Children's Hospital, Series A, 5.25%, 11/01/41 | 11,090 | 11,847,447 | ||||
| St. Joseph Health System, Series A, 5.75%, 7/01/39 | 990 | 1,139,648 | ||||
| Sutter Health, Series A (BHAC), 5.00%, 11/15/42 | 10,000 | 10,356,400 | ||||
| Sutter Health, Series B, 6.00%, 8/15/42 | 7,530 | 8,919,887 | ||||
| California Health Facilities Financing Authority, Refunding RB: | ||||||
| Catholic Healthcare West, Series A, 6.00%, 7/01/39 | 10,000 | 11,107,400 | ||||
| Providence Health, 6.50%, 10/01/38 | 3,640 | 4,282,642 | ||||
| Series A, 6.50%, 11/01/38 | 1,090 | 1,268,379 | ||||
| California Statewide Communities Development Authority, RB: | ||||||
| Kaiser Permanente, Series B, 5.25%, 3/01/45 | 2,590 | 2,647,550 | ||||
| Sutter Health, Series A, 6.00%, 8/15/42 | 7,995 | 9,470,717 | ||||
| Washington Township Health Care District, GO, Series B, 5.50%, 8/01/38 | 1,625 | 1,875,591 | ||||
| 67,676,656 | ||||||
| Housing — 1.0% | ||||||
| County of Santa Clara California Housing Authority, RB, John Burns Gardens Apartments Project, Series A, AMT, 6.00%, 8/01/41 | 3,500 | 3,501,085 | ||||
| Municipal Bonds | Par (000) |
Value | ||||
California (continued) | ||||||
| State — 16.4% | ||||||
| California State Public Works Board, RB: | ||||||
| Department of Developmental Services, Poterville, Series C, 6.25%, 4/01/34 | $ | 1,475 | $ | 1,731,208 | ||
| Department of Education, Riverside Campus Project, Series B, 6.50%, 4/01/34 | 10,000 | 11,852,100 | ||||
| Series A, 5.00%, 9/01/39 | 10,000 | 10,734,100 | ||||
| Series B, 5.00%, 10/01/39 | 4,710 | 5,058,116 | ||||
| Trustees of the California State University, Series D, 6.00%, 4/01/27 | 215 | 253,216 | ||||
| Various Capital Projects, Series I, 5.50%, 11/01/33 | 1,510 | 1,751,026 | ||||
| Various Capital Projects, Sub-Series I-1, 6.38%, 11/01/34 | 4,400 | 5,275,996 | ||||
| State of California, GO, Various Purposes: | ||||||
| 6.00%, 4/01/38 | 13,905 | 16,348,526 | ||||
| 6.00%, 11/01/39 | 3,355 | 4,010,433 | ||||
| 57,014,721 | ||||||
| Tobacco — 1.8% | ||||||
| California Statewide Financing Authority, RB, Tobacco Settlement: | ||||||
| Series A, 6.00%, 5/01/43 | 1,300 | 1,299,103 | ||||
| Series B, 6.00%, 5/01/43 | 5,000 | 4,996,550 | ||||
| 6,295,653 | ||||||
| Transportation — 11.1% | ||||||
| City & County of San Francisco California Airports Commission, ARB, Series E, 6.00%, 5/01/39 | 5,065 | 5,975,687 | ||||
| City & County of San Francisco California Airports Commission, Refunding ARB, 2nd Series A, AMT, 5.25%, 5/01/33 | 1,440 | 1,592,165 | ||||
| City of Los Angeles California Department of Airports, Refunding ARB, Los Angeles International Airport, Series A: | ||||||
| 5.25%, 5/15/39 | 3,605 | 4,061,249 | ||||
| Senior, 5.00%, 5/15/40 | 3,750 | 4,041,863 | ||||
| City of San Jose California, RB, Series A-1, AMT (AGM): | ||||||
| 5.50%, 3/01/30 | 1,000 | 1,103,350 | ||||
| 5.75%, 3/01/34 | 1,000 | 1,103,810 | ||||
| City of San Jose California, Refunding ARB, Series A-1, AMT, 6.25%, 3/01/34 | 1,400 | 1,602,132 | ||||
| BlackRock MuniYield California Fund, Inc. | April 30, 2014 | 2 | |||
| Schedule of Investments (continued) | BlackRock MuniYield California Fund, Inc. (MYC) |
| (Percentages shown are based on Net Assets) |
| Municipal Bonds | Par (000) |
Value | ||||
California (continued) | ||||||
| Transportation (concluded) | ||||||
| County of Orange California, ARB, Series B, 5.75%, 7/01/34 | $ | 3,000 | $ | 3,401,160 | ||
| County of Sacramento California, ARB: | ||||||
| PFC/Grant, Sub-Series D, 6.00%, 7/01/35 | 3,000 | 3,445,950 | ||||
| Senior Series B, 5.75%, 7/01/39 | 900 | 1,026,423 | ||||
| San Francisco Bay Area Rapid Transit District, Refunding RB, Series A (NPFGC), 5.00%, 7/01/34 | 5,435 | 5,652,726 | ||||
| San Francisco Port Commission California, RB, Series A, 5.13%, 3/01/40 | 5,075 | 5,350,369 | ||||
| 38,356,884 | ||||||
| Utilities — 13.5% | ||||||
| City of Petaluma California Wastewater, Refunding RB, 6.00%, 5/01/36 | 2,645 | 3,072,141 | ||||
| Dublin-San Ramon Services District, Refunding RB, 6.00%, 8/01/41 | 2,420 | 2,925,901 | ||||
| Eastern Municipal Water District, COP, Series H, 5.00%, 7/01/35 | 8,430 | 9,407,037 | ||||
| Los Angeles Department of Water & Power, RB, Power System, Sub-Series A-1, 5.25%, 7/01/38 | 3,000 | 3,370,890 | ||||
| Los Angeles Department of Water & Power, Refunding RB, Series A, 5.25%, 7/01/39 | 4,000 | 4,398,000 | ||||
| Metropolitan Water District of Southern California, RB, Series A, 5.00%, 7/01/37 | 7,595 | 8,298,980 | ||||
| Oceanside Public Financing Authority, Refunding RB, Series A: | ||||||
| 5.25%, 5/01/30 | 1,245 | 1,434,850 | ||||
| 5.25%, 5/01/33 | 2,810 | 3,189,266 | ||||
| San Diego Public Facilities Financing Authority, Refunding RB, Senior Series A: | ||||||
| 5.25%, 5/15/34 | 3,070 | 3,495,563 | ||||
| 5.38%, 5/15/34 | 3,920 | 4,486,558 | ||||
| Municipal Bonds | Par (000) |
Value | ||||
California (concluded) | ||||||
| Utilities (concluded) | ||||||
| San Francisco City & County California Public Utilities Commission, Refunding RB, Series A, 5.13%, 11/01/39 | $ | 2,480 | $ | 2,663,917 | ||
| 46,743,103 | ||||||
| Total Municipal Bonds — 100.9% | 350,085,126 | |||||
|
|
| |||||
|
Municipal Bonds Transferred to Tender Option Bond (TOB) Trusts (b) |
||||||
California — 53.5% | ||||||
| County/City/Special District/School District — 22.8% | ||||||
| City of Los Angeles California, Refunding RB, Series A, 5.00%, 6/01/39 | 9,870 | 10,732,243 | ||||
| Los Angeles Community College District California, GO: | ||||||
| Election of 2001, Series E-1, 5.00%, 8/01/33 | 14,850 | 16,604,230 | ||||
| Election of 2003, Series E (AGM), 5.00%, 8/01/31 | 10,002 | 10,765,397 | ||||
| Election of 2008, Series C, 5.25%, 8/01/39 (c) | 9,680 | 11,006,741 | ||||
| Los Angeles Community College District California, GO, Refunding, Election of 2008, Series A, 6.00%, 8/01/33 | 3,828 | 4,547,363 | ||||
| San Diego Community College District California, GO, Election of 2002, 5.25%, 8/01/33 | 7,732 | 8,886,152 | ||||
| San Marcos Unified School District, GO, Election of 2010, Series A, 5.00%, 8/01/38 | 15,520 | 16,679,809 | ||||
| 79,221,935 | ||||||
| Education — 11.8% | ||||||
| California Educational Facilities Authority, RB, University of Southern California, Series B, 5.25%, 10/01/39 (c) | 13,845 | 15,696,630 | ||||
| University of California, RB: | ||||||
| Series L, 5.00%, 5/15/36 | 8,500 | 9,287,695 | ||||
| Series L, 5.00%, 5/15/40 | 11,597 | 12,619,832 | ||||
| Series O, 5.75%, 5/15/34 | 2,805 | 3,268,984 | ||||
| 40,873,141 | ||||||
| BlackRock MuniYield California Fund, Inc. | April 30, 2014 | 3 | |||
| Schedule of Investments (continued) | BlackRock MuniYield California Fund, Inc. (MYC) |
| (Percentages shown are based on Net Assets) |
|
Municipal Bonds Transferred to Tender Option Bond (TOB) Trusts (b) |
Par (000) |
Value | ||||
California (concluded) | ||||||
| Transportation — 1.8% | ||||||
| San Francisco Bay Area Rapid Transit District, Refunding RB, Drivers, Series 2641Z (NPFGC), 5.00%, 7/01/30 | $ | 6,000 | $ | 6,243,900 | ||
| Utilities — 17.1% | ||||||
| Eastern Municipal Water District, COP, Series H, 5.00%, 7/01/33 | 4,748 | 5,302,116 | ||||
| Los Angeles Department of Water & Power, RB, Power System: | ||||||
| Sub-Series A-1 (AMBAC), 5.00%, 7/01/37 | 15,098 | 16,697,678 | ||||
| Sub-Series A-2 (AGM), 5.00%, 7/01/35 | 7,250 | 7,850,373 | ||||
| Metropolitan Water District of Southern California, RB: | ||||||
| Series A, 5.00%, 7/01/37 | 20,000 | 21,853,800 | ||||
| Series C, 5.00%, 7/01/35 | 7,145 | 7,699,803 | ||||
| 59,403,770 | ||||||
|
Total Municipal Bonds Transferred to Option Bond (TOB) Trusts — 53.5% |
185,742,746 | |||||
| Total Long-Term Investments (Cost — $490,807,544) — 154.4% |
535,827,872 | |||||
| Short-Term Securities — 1.1% | Shares |
Value | ||||
| BIF California Municipal Money Fund, 0.00% (d)(e) | 3,607,440 | $ | 3,607,440 | |||
| Total Short-Term Securities (Cost — $3,607,440) — 1.1% |
3,607,440 | |||||
| Total Investments (Cost — $494,414,984*) — 155.5% | 539,435,312 | |||||
| Other Assets Less Liabilities — 0.9% | 3,407,683 | |||||
| Liability for TOB Trust Certificates, Including Interest Expense and Fees Payable — (25.9%) | (89,967,298 | ) | ||||
| VRDP Shares, at Liquidation Value — (30.5%) | (105,900,000 | ) | ||||
| Net Assets Applicable to Common Shares — 100.0% | $ | 346,975,697 | ||||
| * | As of April 30, 2014, gross unrealized appreciation and depreciation based on cost for federal income tax purposes were as follows: | |||
| Tax cost | $ | 404,503,497 | ||
| Gross unrealized appreciation | $ | 45,039,548 | ||
| Gross unrealized depreciation | (57,540 | ) | ||
| Net unrealized appreciation | $ | 44,982,008 | ||
|
Notes to Schedule of Investments | ||
| (a) | 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. | |
| (b) | Represent bonds transferred to a TOB. In exchange for which the Fund acquired residual interest certificates. These bonds serve as collateral in a financing transaction. | |
| (c) | All or a portion of security is subject to a recourse agreement, which may require the Fund to pay the liquidity provider in the event there is a shortfall between the TOB trust certificates and proceeds received from the sale of the security contributed to the TOB trust. In the case of a shortfall, the aggregate maximum potential amount the Fund could ultimately be required to pay under the agreements, which expire from October 1, 2016 to August 1, 2018 is $14,704,685. | |
| (d) | Investments in issuers considered to be an affiliate of the Fund during the period ended April 30, 2014, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows: | |
| Affiliate | Shares Held at July 31, 2013 |
Net Activity |
Shares Held at April 30, 2014 |
Income | |||||||||||||||||
| BIF California Municipal Money Fund | 4,979,601 | (1,372,161) | 3,607,440 | $ | 169 | ||||||||||||||||
| (e) | Represents the current yield as of report date. |
| BlackRock MuniYield California Fund, Inc. | April 30, 2014 | 4 | |||
| Schedule of Investments (continued) | BlackRock MuniYield California Fund, Inc. (MYC) |
|
Portfolio Abbreviations | ||
| AGM | Assured Guaranty Municipal Corp. | |
| AMBAC | American Municipal Bond Assurance Corp. | |
| AMT | Alternative Minimum Tax (subject to) | |
| ARB | Airport Revenue Bonds | |
| BHAC | Berkshire Hathaway Assurance Corp. | |
| COP | Certificates of Participation | |
| GO | General Obligation Bonds | |
| LRB | Lease Revenue Bonds | |
| NPFGC | National Public Finance Guarantee Corp. | |
| RB | Revenue Bonds | |
• |
Financial futures contracts outstanding as of April 30, 2014 were as follows: |
| Contracts Sold |
Issue | Exchange | Expiration | Notional Value |
Unrealized Appreciation |
| (300) | 10-Year U.S. Treasury Note | Chicago Board of Trade | June 2014 | $37,326,563 | $47,687 |
| For Fund compliance purposes, the Fund’s sector classifications refer to any 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 advisor. These definitions may not apply for purposes of this report, which may combine such sector sub-classifications for reporting ease. |
| • | Fair Value Measurements - Various inputs are used in determining the fair value of investments and derivative financial instruments. These inputs to valuation techniques are categorized into a disclosure 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) | |
| • | Level 3 — unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Fund's own assumptions used in determining the fair value of investments and derivative 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 determined based on the lowest level input that is significant
to the fair value measurement in its entirety.
| ||
| BlackRock MuniYield California Fund, Inc. | April 30, 2014 | 5 | |||
| Schedule of Investments (concluded) | BlackRock MuniYield California Fund, Inc. (MYC) |
| The following tables summarize the Fund's investments and derivative financial instruments categorized in the disclosure hierarchy as of April 30, 2014: |
| Level 1 | Level 2 | Level 3 | Total | |||||||||||||
| Assets: | ||||||||||||||||
| Investments: | ||||||||||||||||
| Long-Term Investments1 | — | $ | 535,827,872 | — | $ | 535,827,872 | ||||||||||
| Short-Term Securities | $ | 3,607,440 | — | — | 3,607,440 | |||||||||||
| Total | $ | 3,607,440 | $ | 535,827,872 | — | $ | 539,435,312 | |||||||||
| 1 | See above Schedule of Investments for values in each sector. |
| Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Derivative Financial Instruments2 | |||||||||||||||
| Assets: | |||||||||||||||
| Interest rate contracts | $ | 47,687 | — | — | $ | 47,687 | |||||||||
| 2 | Derivative financial instruments are financial futures contracts, which are valued at the unrealized appreciation/depreciation on the instrument. |
| The carrying amount for certain of the Fund's assets and/or liabilities approximates fair value for financial reporting purposes. As of April 30, 2014, such assets and/or liabilities are categorized within the disclosure hierarchy as follows: |
| Level 1 | Level 2 | Level 3 | Total | ||||||||||||||
| Assets: | |||||||||||||||||
| Cash pledged for financial futures contracts | $ | 394,000 | — | — | $ | 394,000 | |||||||||||
| Liabilities: | |||||||||||||||||
| TOB trust certificates | — | $ | (89,949,807) | — | (89,949,807) | ||||||||||||
| VRDP Shares | — | (105,900,000) | — | (105,900,000) | |||||||||||||
| Total | $ | 394,000 | $ | (195,849,807) | — | $ | (195,455,807) | ||||||||||
There were no transfers between levels during the period ended April 30, 2014. |
| BlackRock MuniYield California Fund, Inc. | April 30, 2014 | 6 | |||
| 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 MuniYield California Fund, Inc. | ||
| By: | /s/ John M. Perlowski | |
| John M. Perlowski | ||
| Chief Executive Officer (principal executive officer) of | ||
| BlackRock MuniYield California Fund, Inc. | ||
| Date: June 23, 2014 | ||
| 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/ John M. Perlowski | |
| John M. Perlowski | ||
| Chief Executive Officer (principal executive officer) of | ||
| BlackRock MuniYield California Fund, Inc. | ||
| Date: June 23, 2014 | ||
| By: | /s/ Neal J. Andrews | |
| Neal J. Andrews | ||
| Chief Financial Officer (principal financial officer) of | ||
| BlackRock MuniYield California Fund, Inc. | ||
| Date: June 23, 2014 | ||