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: 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, 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: 08/31/2006
Date of reporting period: 09/01/05 - 11/30/05
Item 1 - Schedule of Investments
Corporate High Yield Fund VI, Inc.
Schedule of Investments as of November 30, 2005 (in U.S. dollars)
Face
Amount Corporate Bonds Value
-----------------------------------------------------------------------------------------------------------------------------------
Aerospace & Defense - 4.8% $3,901,000 Alliant Techsystems, Inc., 3% due 8/15/2024 (a)(h) $ 4,554,418
2,950,000 DRS Technologies, Inc., 6.875% due 11/01/2013 2,802,500
1,600,000 Esterline Technologies Corp., 7.75% due 6/15/2013 1,672,000
1,300,000 K&F Acquisition, Inc., 7.75% due 11/15/2014 1,309,750
2,200,000 L-3 Communications Corp., 6.375% due 10/15/2015 (a) 2,167,000
2,220,000 L-3 Communications Corp., 3% due 8/01/2035 (a)(h) 2,158,950
2,875,000 Standard Aero Holdings, Inc., 8.25% due 9/01/2014 2,386,250
3,200,000 Transdigm, Inc., 8.375% due 7/15/2011 3,312,000
4,775,000 Vought Aircraft Industries, Inc., 8% due 7/15/2011 4,345,250
-------------
24,708,118
-----------------------------------------------------------------------------------------------------------------------------------
Airlines - 1.7% 4,325,000 American Airlines, Inc. Class C, 7.80% due 4/01/2008 4,269,624
3,454,647 Continental Airlines, Inc. Series 1997-4-B, 6.90%
due 7/02/2018 2,951,110
83,411 Continental Airlines, Inc. Series 1998-1-C, 6.541%
due 9/15/2009 78,929
1,553,930 Continental Airlines, Inc. Series 2001-1 Class C, 7.033%
due 12/15/2012 1,409,964
-------------
8,709,627
-----------------------------------------------------------------------------------------------------------------------------------
Automotive - 0.6% 1,275,000 General Motors Acceptance Corp., 7.25% due 3/02/2011 1,177,519
1,924,000 Metaldyne Corp., 11% due 11/01/2013 (a) 1,721,980
-------------
2,899,499
-----------------------------------------------------------------------------------------------------------------------------------
Broadcasting - 6.3% 3,475,000 Emmis Communications Corp., 10.366% due 6/15/2012 (c) 3,479,344
1,925,000 Granite Broadcasting Corp., 9.75% due 12/01/2010 1,790,250
825,000 LIN Television Corp., 6.50% due 5/15/2013 (a) 789,937
1,925,000 Nexstar Finance, Inc., 7% due 1/15/2014 1,722,875
3,425,000 Paxson Communications Corp., 10.75% due 7/15/2008 3,502,062
950,000 Paxson Communications Corp., 12.121%* due 1/15/2009 977,313
2,800,000 Radio One, Inc., 6.375% due 2/15/2013 2,702,000
5,250,000 Salem Communications Corp., 7.75% due 12/15/2010 5,414,063
650,000 Sinclair Broadcast Group, Inc., 8% due 3/15/2012 669,500
325,000 Sinclair Broadcast Group, Inc., 6% due 9/15/2012 (h) 284,375
5,030,000 Sinclair Broadcast Group, Inc. Class A, 4.875% due 7/15/2018 (h) 4,577,300
3,175,000 Sirius Satellite Radio, Inc., 9.625% due 8/01/2013 (a) 3,103,563
3,775,000 Young Broadcasting, Inc., 8.75% due 1/15/2014 3,312,563
-------------
32,325,145
-----------------------------------------------------------------------------------------------------------------------------------
Cable - International - 0.6% 1,325,000 New Skies Satellites NV, 9.573% due 11/01/2011 (a)(c) 1,361,437
1,600,000 New Skies Satellites NV, 9.125% due 11/01/2012 1,644,000
-------------
3,005,437
-----------------------------------------------------------------------------------------------------------------------------------
Cable - U.S. - 8.7% 1,300,000 Adelphia Communications Corp., 6% due 2/15/2006 (b)(h) 29,250
3,750,000 CSC Holdings, Inc. Series B, 7.625% due 4/01/2011 3,731,250
3,125,000 Century Communications Series B, 9.05%* due 1/15/2008 (b) 1,781,250
7,500,000 Charter Communications Holdings LLC, 10% due 4/01/2009 6,037,500
1,305,000 Charter Communications, Inc., 5.875% due 11/16/2009 (a)(h) 964,069
4,200,000 Intelsat Bermuda Ltd., 8.695% due 1/15/2012 (a)(c) 4,263,000
4,575,000 Intelsat Bermuda Ltd., 8.625% due 1/15/2015 (a) 4,586,437
6,500,000 Loral Cyberstar, Inc., 10% due 7/15/2006 (b) 6,158,750
6,225,000 Mediacom Broadband LLC, 11% due 7/15/2013 6,691,875
700,000 Mediacom LLC, 9.50% due 1/15/2013 687,750
1,875,000 PanAmSat Corp., 9% due 8/15/2014 1,968,750
2,875,000 Quebecor Media, Inc., 10.534%* due 7/15/2011 2,936,094
Corporate High Yield Fund VI, Inc.
Schedule of Investments as of November 30, 2005 (in U.S. dollars)
Face
Amount Corporate Bonds Value
-----------------------------------------------------------------------------------------------------------------------------------
$3,100,000 Rainbow National Services LLC, 10.375% due 9/01/2014 (a) $ 3,379,000
1,019,000 Skynet Senior Secured Note, 14% due 12/01/2015 1,192,230
-------------
44,407,205
-----------------------------------------------------------------------------------------------------------------------------------
Chemicals - 7.3% 2,434,000 BCP Caylux Holdings Luxembourg SCA, 9.625% due 6/15/2014 2,698,697
3,355,000 Huntsman International, LLC, 10.125% due 7/01/2009 3,455,650
3,575,000 ISP Holdings, Inc. Series B, 10.625% due 12/15/2009 3,744,812
3,225,000 Innophos, Inc., 9.625% due 8/15/2014 (a) 3,241,125
3,750,000 Millennium America, Inc., 7% due 11/15/2006 3,806,250
1,600,000 Millennium America, Inc., 9.25% due 6/15/2008 1,728,000
800,000 Nalco Co., 7.75% due 11/15/2011 822,000
1,825,000 Nalco Co., 8.875% due 11/15/2013 1,893,437
1,818,000 Nalco Finance Holdings, Inc., 10.010%* due 2/01/2014 1,349,865
1,825,000 Nova Chemical Corp., 7.561% due 11/15/2013 (a)(c) 1,861,500
3,750,000 Omnova Solutions, Inc., 11.25% due 6/01/2010 3,956,250
1,200,000 PCI Chemicals Canada, Inc., 10% due 12/31/2008 1,258,500
4,275,000 PolyOne Corp., 10.625% due 5/15/2010 4,403,250
3,175,000 Tronox Worldwide LLC, 9.50% due 12/01/2012 (a) 3,270,250
-------------
37,489,586
-----------------------------------------------------------------------------------------------------------------------------------
Consumer - Durables - 0.9% 2,275,000 Sealy Mattress Co., 8.25% due 6/15/2014 2,320,500
950,000 Simmons Bedding Co., 7.875% due 1/15/2014 859,750
1,300,000 Tempur-Pedic, Inc., 10.25% due 8/15/2010 1,399,125
-------------
4,579,375
-----------------------------------------------------------------------------------------------------------------------------------
Consumer - Non-Durables - 2.9% 2,875,000 Chattem, Inc., 7.41% due 3/01/2010 (c) 2,896,562
950,000 Chattem, Inc., 7% due 3/01/2014 960,687
1,925,000 Church & Dwight Co., Inc., 6% due 12/15/2012 1,896,125
5,725,000 Hines Nurseries, Inc., 10.25% due 10/01/2011 5,610,500
3,575,000 Samsonite Corp., 8.875% due 6/01/2011 3,655,438
-------------
15,019,312
-----------------------------------------------------------------------------------------------------------------------------------
Diversified Media - 8.0% 4,150,000 CBD Media, Inc., 8.625% due 6/01/2011 4,233,000
3,625,000 CanWest Media, Inc., 8% due 9/15/2012 3,715,625
2,856,000 Dex Media West LLC, 9.875% due 8/15/2013 3,159,450
4,300,000 Houghton Mifflin Co., 8.25% due 2/01/2011 4,455,875
2,825,000 Houghton Mifflin Co., 10.377%* due 10/15/2013 (a) 2,164,656
9,300,000 Liberty Media Corp., 0.75% due 3/30/2023 (h) 10,171,875
1,425,000 Primedia, Inc., 8.875% due 5/15/2011 1,364,437
1,250,000 Six Flags, Inc., 9.625% due 6/01/2014 1,228,125
2,225,000 Universal City Florida Holding Co. I, 8.375% due 5/01/2010 2,191,625
2,800,000 Universal City Florida Holding Co. I, 9% due 5/01/2010 (c) 2,835,000
5,474,000 Yell Finance BV, 9.788%* due 8/01/2011 5,610,850
-------------
41,130,518
-----------------------------------------------------------------------------------------------------------------------------------
Energy - Exploration & 2,575,000 Belden & Blake Corp., 8.75% due 7/15/2012 2,639,375
Production - 2.5% 2,500,000 Chaparral Energy, Inc., 8.50% due 12/01/2015 (a) 2,537,500
3,175,000 Compton Petroleum Corp., 7.625% due 12/01/2013 (a) 3,222,625
4,250,000 Plains Exploration & Production Co. Series B, 8.75% due 7/01/2012 4,558,125
-------------
12,957,625
-----------------------------------------------------------------------------------------------------------------------------------
Energy - Other - 2.6% 3,975,000 Dresser, Inc., 9.375% due 4/15/2011 4,183,688
275,000 Ferrellgas Escrow LLC, 6.75% due 5/01/2014 259,187
3,800,000 SemGroup LP, 8.75% due 11/15/2015 (a) 3,838,000
Corporate High Yield Fund VI, Inc.
Schedule of Investments as of November 30, 2005 (in U.S. dollars)
Face
Amount Corporate Bonds Value
-----------------------------------------------------------------------------------------------------------------------------------
$2,800,000 Star Gas Partners LP, 10.25% due 2/15/2013 $ 2,282,000
3,175,000 Suburban Propane Partners, LP, 6.875% due 12/15/2013 2,928,938
-------------
13,491,813
-----------------------------------------------------------------------------------------------------------------------------------
Financial - 0.4% 2,225,000 E*Trade Financial Corp., 7.375% due 9/15/2013 (a) 2,208,312
-----------------------------------------------------------------------------------------------------------------------------------
Food & Tobacco - 4.2% 1,300,000 AmeriQual Group LLC, 9% due 4/01/2012 (a) 1,345,500
1,000,000 Commonwealth Brands, Inc., 9.75% due 4/15/2008 (a) 1,106,250
4,750,000 Commonwealth Brands, Inc., 10.625% due 9/01/2008 (a) 5,420,937
4,800,000 Cott Beverages USA, Inc., 8% due 12/15/2011 4,920,000
1,950,000 Del Monte Corp., 8.625% due 12/15/2012 2,047,500
800,000 Del Monte Corp., 6.75% due 2/15/2015 (a) 764,000
1,600,000 Merisant Co., 9.50% due 7/15/2013 1,040,000
2,150,000 Merisant Worldwide, Inc., 12.25%* due 5/15/2014 338,625
650,000 Michael Foods, Inc., 8% due 11/15/2013 667,062
3,475,000 New World Pasta Co., 9.25% due 2/15/2009 (b) 208,500
3,550,000 Smithfield Foods, Inc. Series B, 8% due 10/15/2009 3,754,125
-------------
21,612,499
-----------------------------------------------------------------------------------------------------------------------------------
Gaming - 7.7% 5,275,000 Boyd Gaming Corp., 8.75% due 4/15/2012 5,657,437
1,475,000 CCM Merger, Inc., 8% due 8/01/2013 (a) 1,427,062
2,300,000 Caesars Entertainment, Inc., 7.875% due 3/15/2010 2,469,625
2,225,000 Greektown Holdings, 10.75% due 12/01/2013 (a) 2,238,906
2,775,000 Inn of the Mountain Gods Resort & Casino, 12% due 11/15/2010 2,886,000
1,600,000 Las Vegas Sands Corp., 6.375% due 2/15/2015 1,540,000
2,575,000 MGM Mirage, 9.75% due 6/01/2007 2,710,188
5,400,000 Majestic Star Casino LLC, 9.50% due 10/15/2010 5,298,750
1,308,000 Pinnacle Entertainment, Inc., 8.25% due 3/15/2012 1,334,160
4,350,000 Poster Financial Group, Inc., 8.75% due 12/01/2011 4,480,500
4,400,000 Resorts International Hotel and Casino, Inc., 11.50% due 3/15/2009 4,873,000
1,575,000 San Pasqual Casino, 8% due 9/15/2013 (a) 1,561,219
2,875,000 Tunica-Biloxi Gaming Authority, 9% due 11/15/2015 (a) 2,875,000
-------------
39,351,847
-----------------------------------------------------------------------------------------------------------------------------------
Health Care - 8.9% 4,775,000 Alpharma, Inc., 3% due 6/01/2006 (h) 6,308,969
3,500,000 Alpharma, Inc., 8.625% due 5/01/2011 3,745,000
1,250,000 Athena Neurosciences Finance LLC, 7.25% due 2/21/2008 1,215,625
4,400,000 DaVita, Inc., 7.25% due 3/15/2015 4,493,500
2,575,000 Elan Finance Plc, 8.34% due 11/15/2011 (c) 2,394,750
4,750,000 HCA, Inc., 5.50% due 12/01/2009 4,608,659
3,800,000 HealthSouth Corp., 8.375% due 10/01/2011 3,581,500
1,925,000 Mylan Laboratories, Inc., 5.75% due 8/15/2010 (a) 1,908,156
900,000 Mylan Laboratories, Inc., 6.375% due 8/15/2015 (a) 892,125
2,400,000 Select Medical Corp., 7.625% due 2/01/2015 2,280,000
3,175,000 Select Medical Corp., 9.933% due 9/15/2015 (a)(c) 3,167,063
1,575,000 Tenet Healthcare Corp., 9.875% due 7/01/2014 1,578,938
4,425,000 U.S. Oncology, Inc., 9% due 8/15/2012 4,723,688
1,575,000 Vanguard Health Holding Co. II, LLC, 9% due 10/01/2014 1,661,625
3,200,000 Ventas Realty LP, 6.75% due 6/01/2010 3,248,000
-------------
45,807,598
-----------------------------------------------------------------------------------------------------------------------------------
Housing - 3.4% 2,500,000 Building Materials Corp. of America, 8% due 10/15/2007 2,525,000
8,850,000 Building Materials Corp. of America, 8% due 12/01/2008 8,938,500
Corporate High Yield Fund VI, Inc.
Schedule of Investments as of November 30, 2005 (in U.S. dollars)
Face
Amount Corporate Bonds Value
-----------------------------------------------------------------------------------------------------------------------------------
$1,275,000 Forest City Enterprises, Inc., 7.625% due 6/01/2015 $ 1,338,750
775,000 Goodman Global Holding Co., Inc., 7.491% due 6/15/2012 (a)(c) 767,250
1,625,000 Goodman Global Holding Co., Inc., 7.875% due 12/15/2012 (a) 1,527,500
1,250,000 Standard-Pacific Corp., 6.50% due 8/15/2010 1,193,750
1,150,000 Texas Industries, Inc., 7.25% due 7/15/2013 (a) 1,190,250
-------------
17,481,000
-----------------------------------------------------------------------------------------------------------------------------------
Information Technology - 8.9% 1,625,000 Activant Solutions, Inc., 10.054% due 4/01/2010 (a)(c) 1,665,625
3,600,000 Advanced Micro Devices, Inc., 7.75% due 11/01/2012 3,627,000
1,300,000 Amkor Technology, Inc., 9.25% due 2/15/2008 1,254,500
2,225,000 Amkor Technology, Inc., 7.125% due 3/15/2011 1,946,875
5,275,000 Cypress Semiconductor Corp., 1.25% due 6/15/2008 (h) 6,158,563
3,200,000 Freescale Semiconductor, Inc., 6.90% due 7/15/2009 (c) 3,280,000
475,000 MagnaChip Semiconductor SA, 6.875% due 12/15/2011 458,375
2,700,000 MagnaChip Semiconductor SA, 7.741% due 12/15/2011 (c) 2,727,000
2,850,000 MagnaChip Semiconductor SA, 8% due 12/15/2014 2,636,250
3,130,000 Quantum Corp., 4.375% due 8/01/2010 (h) 2,969,588
2,625,000 Sungard Data Systems, Inc., 8.525% due 8/15/2013 (a)(c) 2,720,156
3,950,000 Sungard Data Systems, Inc., 9.125% due 8/15/2013 (a) 4,088,250
2,250,000 Sungard Data Systems, Inc., 10.25% due 8/15/2015 (a) 2,272,500
1,300,000 Telcordia Technologies Inc., 10% due 3/15/2013 (a) 1,131,000
1,925,000 UGS Corp., 10% due 6/01/2012 2,098,250
1,600,000 Unisys Corp., 8% due 10/15/2012 1,448,000
5,600,000 Viasystems, Inc., 10.50% due 1/15/2011 5,180,000
-------------
45,661,932
-----------------------------------------------------------------------------------------------------------------------------------
Leisure - 1.7% 4,850,000 Felcor Lodging LP, 8.83% due 6/01/2011 (c) 5,044,000
2,500,000 Felcor Lodging LP, 9% due 6/01/2011 2,737,500
975,000 True Temper Sports, Inc., 8.375% due 9/15/2011 877,500
-------------
8,659,000
-----------------------------------------------------------------------------------------------------------------------------------
Manufacturing - 5.6% 3,500,000 CPI Holdco, Inc., 9.672% due 2/01/2015 (a)(c) 3,409,112
1,275,000 Case New Holland, Inc., 9.25% due 8/01/2011 1,351,500
2,150,000 Caue Finance Ltd., 8.875% due 8/01/2015 (a) 2,279,000
1,425,000 Chart Industries, Inc., 9.125% due 10/15/2015 (a) 1,439,250
6,050,000 EaglePicher Inc., 9.75% due 9/01/2013 (b) 4,688,750
3,850,000 Invensys Plc, 9.875% due 3/15/2011 (a) 3,773,000
2,190,000 Medis Technologies Ltd., 6% due 7/15/2010 (a)(h) 1,971,000
1,600,000 Mueller Group, Inc., 10% due 5/01/2012 1,688,000
1,500,000 Rexnord Corp., 10.125% due 12/15/2012 1,620,000
1,575,000 Superior Essex Communications LLC, 9% due 4/15/2012 1,551,375
6,075,000 Trimas Corp., 9.875% due 6/15/2012 4,981,500
-------------
28,752,487
-----------------------------------------------------------------------------------------------------------------------------------
Metal - Other - 1.3% 3,250,000 Foundation PA Coal Co., 7.25% due 8/01/2014 3,315,000
3,450,000 Novelis, Inc., 7.25% due 2/15/2015 3,225,750
-------------
6,540,750
-----------------------------------------------------------------------------------------------------------------------------------
Packaging - 2.1% 2,250,000 Graham Packing Co., Inc., 9.875% due 10/15/2014 2,176,875
4,875,000 Owens-Brockway, 8.875% due 2/15/2009 5,118,750
625,000 Owens-Brockway, 8.25% due 5/15/2013 645,312
600,000 Pliant Corp., 13% due 6/01/2010 (b) 114,000
2,925,000 U.S. Can Corp., 12.375% due 10/01/2010 2,764,125
-------------
10,819,062
-----------------------------------------------------------------------------------------------------------------------------------
Paper - 5.7% 4,950,000 Abitibi-Consolidated, Inc., 7.991% due 6/15/2011 (c) 4,752,000
1,600,000 Boise Cascade LLC, 7.025% due 10/15/2012 (c) 1,552,000
Corporate High Yield Fund VI, Inc.
Schedule of Investments as of November 30, 2005 (in U.S. dollars)
Face
Amount Corporate Bonds Value
-----------------------------------------------------------------------------------------------------------------------------------
$5,425,000 Bowater, Inc., 7.491% due 3/15/2010 (c) $ 5,316,500
3,275,000 Domtar, Inc., 7.125% due 8/15/2015 2,898,375
1,875,000 Graphic Packaging International Corp., 8.50% due 8/15/2011 1,865,625
2,050,000 Graphic Packaging International Corp., 9.50% due 8/15/2013 1,937,250
1,500,000 JSG Funding Plc, 9.625% due 10/01/2012 1,485,000
2,400,000 NewPage Corp., 10.50% due 5/01/2012 (c) 2,376,000
2,400,000 NewPage Corp., 12% due 5/01/2013 2,160,000
3,250,000 Norske Skog Canada Ltd. Series D, 8.625% due 6/15/2011 3,176,875
1,716,000 Western Forest Products, Inc., 15% due 7/28/2009 (a)(f) 1,866,384
-------------
29,386,009
-----------------------------------------------------------------------------------------------------------------------------------
Retail - 1.9% 950,000 General Nutrition Centers, Inc., 8.625% due 1/15/2011 921,500
4,150,000 Jean Coutu Group, Inc., 8.50% due 8/01/2014 3,849,125
2,225,000 Neiman-Marcus Group, Inc., 9% due 10/15/2015 (a) 2,263,937
2,525,000 Neiman-Marcus Group, Inc., 10.375% due 10/15/2015 (a) 2,553,406
-------------
9,587,968
-----------------------------------------------------------------------------------------------------------------------------------
Service - 5.7% 4,325,000 Allied Waste North America, Inc. Series B, 8.875% due 4/01/2008 4,552,062
4,500,000 Corrections Corp. of America, 7.50% due 5/01/2011 4,680,000
2,825,000 Dycom Industries, Inc., 8.125% due 10/15/2015 (a) 2,825,000
750,000 MSW Energy Holdings II LLC, 7.375% due 9/01/2010 766,875
1,875,000 MSW Energy Holdings LLC, 8.50% due 9/01/2010 1,987,500
2,050,000 Mac-Gray Corp., 7.625% due 8/15/2015 2,085,875
1,900,000 Service Corp. International, 7% due 6/15/2017 (a) 1,878,625
5,450,000 United Rentals North America, Inc., 7.75% due 11/15/2013 (a) 5,245,625
5,150,000 Waste Services, Inc., 9.50% due 4/15/2014 5,150,000
-------------
29,171,562
-----------------------------------------------------------------------------------------------------------------------------------
Steel - 0.8% 3,175,000 Chaparral Steel Co., 10% due 7/15/2013 3,373,437
700,000 Ucar Finance, Inc., 10.25% due 2/15/2012 738,500
-------------
4,111,937
-----------------------------------------------------------------------------------------------------------------------------------
Telecommunications - 5.3% 4,000,000 ADC Telecommunications, Inc., 1% due 6/15/2008 (h) 3,855,000
1,025,000 ADC Telecommunications, Inc., 5.045% due 6/15/2013 (c)(h) 1,025,000
1,494,000 Alaska Communications Systems Holdings, Inc., 9.875%
due 8/15/2011 1,619,122
675,000 Cincinnati Bell, Inc., 8.375% due 1/15/2014 661,500
5,700,000 LCI International, Inc., 7.25% due 6/15/2007 5,685,750
650,000 Qwest Communications International, Inc., 7.50% due 2/15/2014 (a) 656,500
2,175,000 Qwest Corp., 7.741% due 6/15/2013 (a)(c) 2,343,562
875,000 Qwest Corp., 7.625% due 6/15/2015 (a) 930,781
1,600,000 Terremark Worldwide, Inc., 9% due 6/15/2009 (a)(h) 1,336,000
1,450,000 Time Warner Telecom Holdings, Inc., 8.34% due 2/15/2011 (c) 1,482,625
650,000 Time Warner Telecom, Inc., 9.75% due 7/15/2008 662,188
6,375,000 Time Warner Telecom, Inc., 10.125% due 2/01/2011 6,661,875
-------------
26,919,903
-----------------------------------------------------------------------------------------------------------------------------------
Transportation - 0.6% 2,500,000 Teekay Shipping Corp., 8.875% due 7/15/2011 2,821,875
-----------------------------------------------------------------------------------------------------------------------------------
Utility - 8.8% 4,000,000 The AES Corp., 9.375% due 9/15/2010 4,350,000
Corporate High Yield Fund VI, Inc.
Schedule of Investments as of November 30, 2005 (in U.S. dollars)
Face
Amount Corporate Bonds Value
-----------------------------------------------------------------------------------------------------------------------------------
$3,150,000 Aquila, Inc., 7.625% due 11/15/2009 $ 3,213,000
8,500,000 Calpine Canada Energy Finance Ulc, 8.50% due 5/01/2008 (b) 2,380,000
1,325,000 Calpine Corp., 8.75% due 7/15/2007 410,750
3,318,000 Centerpoint Energy, Inc. Series B, 3.75% due 5/15/2023 (h) 3,989,895
3,357,000 ESI Tractebel Acquisition Corp. Series B, 7.99% due 12/30/2011 3,518,895
3,125,000 Edison Mission Energy, 9.875% due 4/15/2011 3,636,719
747,000 Nevada Power Co., 9% due 8/15/2013 822,894
3,750,000 Nevada Power Co. Series A, 8.25% due 6/01/2011 4,143,750
1,024,000 Nevada Power Co. Series E, 10.875% due 10/15/2009 1,121,280
4,125,000 Reliant Energy, Inc., 6.75% due 12/15/2014 3,609,375
3,950,000 Sierra Pacific Power Co. Series A, 8% due 6/01/2008 4,137,625
875,000 Sierra Pacific Resources, 8.625% due 3/15/2014 955,938
1,650,000 Southern Natural Gas Co., 8.875% due 3/15/2010 1,764,444
3,463,332 Tenaska Alabama Partners LP, 7% due 6/30/2021 (a) 3,501,122
3,450,000 Texas Genco LLC, 6.875% due 12/15/2014 (a) 3,691,500
-------------
45,247,187
-----------------------------------------------------------------------------------------------------------------------------------
Wireless Communications - 5.0% 3,300,000 Centennial Cellular Operating Co. LLC, 10.125% due 6/15/2013 3,679,500
3,750,000 Digicel Ltd., 9.25% due 9/01/2012 (a) 3,862,500
1,575,000 Dobson Cellular Systems, 9% due 11/01/2011 (c) 1,634,062
1,400,000 Dobson Communications Corp., 8.40% due 10/15/2012 (a)(c) 1,379,000
2,875,000 IWO Holdings, Inc., 7.90% due 1/15/2012 (c) 2,975,625
1,425,000 Rogers Wireless Communications, Inc., 7.616% due 12/15/2010 (c) 1,471,313
250,000 Rogers Wireless Communications, Inc., 8% due 12/15/2012 264,688
5,600,000 Rogers Wireless Communications, Inc., 6.375% due 3/01/2014 5,565,000
1,075,000 Rural Cellular Corp., 8.991% due 3/15/2010 (c) 1,104,563
1,463,000 SBA Communications Corp., 8.50% due 12/01/2012 1,623,930
2,250,000 SBA Telecommunications, Inc., 14.408%* due 12/15/2011 2,058,750
-------------
25,618,931
-----------------------------------------------------------------------------------------------------------------------------------
Total Corporate Bonds
(Cost - $648,049,029) - 124.9% 640,483,119
-----------------------------------------------------------------------------------------------------------------------------------
Floating Rate Loan Interests (e)
-----------------------------------------------------------------------------------------------------------------------------------
Cable - U.S. - 1.6% 8,400,000 Century Cable Holdings LLC, Discretionary Term Loan, 10.25%
due 12/31/2009 8,261,400
-----------------------------------------------------------------------------------------------------------------------------------
Chemicals - 1.0% 4,870,000 Wellman, Inc. Second Lien Term Loan, 11% due 2/10/2010 4,959,282
-----------------------------------------------------------------------------------------------------------------------------------
Consumer - Durables - 0.4% 2,200,000 Simmons Co. Term Loan, 7% due 6/19/2012 2,226,814
-----------------------------------------------------------------------------------------------------------------------------------
Manufacturing - 0.3% 1,571,003 EaglePicher Holdings, Inc. Tranche B Term Loan, 10.75%
due 8/07/2009 (b) 1,564,830
-----------------------------------------------------------------------------------------------------------------------------------
Total Floating Rate Loan Interests
(Cost - $16,455,778) - 3.3% 17,012,326
-----------------------------------------------------------------------------------------------------------------------------------
Corporate High Yield Fund VI, Inc.
Schedule of Investments as of November 30, 2005 (in U.S. dollars)
Face
Amount Foreign Government Obligations Value
-----------------------------------------------------------------------------------------------------------------------------------
Government -Foreign- 2.1% $3,200,000 Brazilian Government International Bond, 8.75% due 2/04/2025 $ 3,334,400
3,200,000 Brazilian Government International Bond, 8.25% due 1/20/2034 3,190,400
1,925,000 Philippine Government International Bond, 8.375% due 2/15/2011 2,042,906
1,275,000 Turkey Government International Bond, 8% due 2/14/2034 1,351,500
625,000 Venezuela Government International Bond, 7.65% due 4/21/2025 613,437
-----------------------------------------------------------------------------------------------------------------------------------
Total Foreign Government Obligations
(Cost - $9,041,710) - 2.1% 10,532,643
-----------------------------------------------------------------------------------------------------------------------------------
Shares
Held Common Stocks
-----------------------------------------------------------------------------------------------------------------------------------
Airlines - 0.2% 133,624 ABX Air, Inc. (g) 1,002,180
-----------------------------------------------------------------------------------------------------------------------------------
Energy - Other - 0.6% 123,734 Trico Marine Services, Inc. (g) 3,082,214
-----------------------------------------------------------------------------------------------------------------------------------
Paper - 0.0% 78,039 Western Forest Products, Inc. Restricted Shares (g) 156,940
-----------------------------------------------------------------------------------------------------------------------------------
Total Common Stocks (Cost - $3,719,719) - 0.8% 4,241,334
-----------------------------------------------------------------------------------------------------------------------------------
Preferred Securities
-----------------------------------------------------------------------------------------------------------------------------------
Preferred Stocks
-----------------------------------------------------------------------------------------------------------------------------------
Automotive - 0.7% 230,000 General Motors Corp. Series C, 6.25% (h) 3,795,000
-----------------------------------------------------------------------------------------------------------------------------------
Total Preferred Stocks (Cost - $5,748,900) - 0.7% 3,795,000
-----------------------------------------------------------------------------------------------------------------------------------
Face
Amount Capital Trusts
-----------------------------------------------------------------------------------------------------------------------------------
Health Care - 1.3% $6,150,000 Fresenius Medical Care Capital Trust II, 7.875% due 2/01/2008 6,472,875
-----------------------------------------------------------------------------------------------------------------------------------
Total Capital Trusts (Cost - $6,326,974) - 1.3% 6,472,875
-----------------------------------------------------------------------------------------------------------------------------------
Total Preferred Securities (Cost - $12,075,874) - 2.0% 10,267,875
-----------------------------------------------------------------------------------------------------------------------------------
Shares
Held Warrants (d)
-----------------------------------------------------------------------------------------------------------------------------------
Health Care - 0.0% 54,577 HealthSouth Corp. (expires 1/16/2014) 136,442
-----------------------------------------------------------------------------------------------------------------------------------
Total Warrants (Cost - $0) - 0.0% 136,442
-----------------------------------------------------------------------------------------------------------------------------------
Beneficial
Interest Short-Term Securities
-----------------------------------------------------------------------------------------------------------------------------------
$1,106,782 Merrill Lynch Liquidity Series, LLC Cash Sweep Series I (i) 1,106,782
-----------------------------------------------------------------------------------------------------------------------------------
Total Short-Term Securities
(Cost - $1,106,782) - 0.2% 1,106,782
-----------------------------------------------------------------------------------------------------------------------------------
Total Investments (Cost - $690,448,892**) - 133.3% 683,780,521
Liabilities in Excess of Other Assets - (33.3%) (170,978,933)
-------------
Net Assets - 100.0% $ 512,801,588
=============
* Represents a zero coupon or a step bond; the interest rate shown reflects
the effective yield at the time of purchase by the Fund.
** The cost and unrealized appreciation (depreciation) of investments as of
November 30, 2005, as computed for federal income tax purposes, were as
follows:
Aggregate cost $ 692,563,325
=============
Gross unrealized appreciation $ 17,803,654
Gross unrealized depreciation (26,586,458)
-------------
Net unrealized depreciation $ (8,782,804)
=============
Corporate High Yield Fund VI, Inc.
Schedule of Investments as of November 30, 2005 (in U.S. dollars)
(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 note.
(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) Floating rate corporate debt in which the Fund invests generally pays
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.
(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:
--------------------------------------------------------------------------
Affiliate Net Interest
Activity Income
--------------------------------------------------------------------------
Merrill Lynch Liquidity Series, LLC Cash
Sweep Series I $1,106,782 $4,321
--------------------------------------------------------------------------
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.
Swaps outstanding as of November 30, 2005 were as follows:
----------------------------------------------------------------------------------------------------
Appreciation
Notional Unrealized
Amount (Depreciation)
----------------------------------------------------------------------------------------------------
Sold credit default protection on General Motors Corp. and receive 4.40%
Broker, Morgan Stanley Capital Services, Inc.
Expires June 2007 $ 625,000 $ (75,013)
Sold credit default protection on General Motors Corp. and receive 8.00%
Broker, Morgan Stanley Capital Services, Inc.
Expires June 2007 $ 625,000 (46,748)
Sold credit default protection on Russian Federation and receive 0.73%
Broker, UBS Warburg
Expires October 2010 $3,200,000 7,693
Sold credit default protection on Federative Republic of Brazil
and receive 3.44%
Broker, Morgan Stanley Capital Services, Inc.
Expires October 2010 $1,600,000 63,141
Corporate High Yield Fund VI, Inc.
Schedule of Investments as of November 30, 2005 (in U.S. dollars)
----------------------------------------------------------------------------------------------------
Appreciation
Notional Unrealized
Amount (Depreciation)
----------------------------------------------------------------------------------------------------
Bought credit default protection on Chemtura Corp. and pay 1.35%
Broker, Deutsche Bank AG
Expires December 2010 $ 950,000 $ 10,221
Bought credit default protection on Chemtura Corp. and pay 1.4286%
Broker, Morgan Stanley Capital Services, Inc.
Expires December 2010 $2,225,000 16,378
Bought credit default protection on Ford Motor Credit Co. and pay 4.37%
Broker, Morgan Stanley Capital Services, Inc.
Expires December 2010 $1,250,000 33,812
Sold credit default protection on Dow Jones CDX
Emerging Markets Index Series 4 and receive 1.80%
Broker, Morgan Stanley Capital Services, Inc.
Expires December 2010 $1,590,400 28,194
Sold credit default protection on Dow Jones CDX
Emerging Markets Index Series 4 and receive 1.80%
Broker, Morgan Stanley Capital Services, Inc.
Expires December 2010 $4,610,700 143,919
----------------------------------------------------------------------------------------------------
Total $ 181,597
=========
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.
Corporate High Yield Fund VI, Inc.
By: /s/ Robert C. Doll, Jr.
-----------------------
Robert C. Doll, Jr.
Chief Executive Officer
Corporate High Yield Fund VI, Inc.
Date: January 25, 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
Corporate High Yield Fund VI, Inc.
Date: January 25, 2006
By: /s/ Donald C. Burke
-----------------------
Donald C. Burke
Chief Financial Officer
Corporate High Yield Fund VI, Inc.
Date: January 25, 2006