BlackRock Corporate High Yield Fund V, Inc. (The Trust) is a diversified closed-end management investment company. The Trust's investment objective is to provide shareholders with current income by investing primarily in a diversified portfolio of fixed income securities that are rated in the lower rating categories of the rating services (BB or lower by Standard & Poor's (S&P) or Ba or lower by Moody's) or in unrated securities considered by the Trust's investment adviser to be of comparable quality. The Trust also seeks to provide shareholders with capital appreciation. The Trust will invest at least 80% of its assets in domestic and foreign high yield debt instruments, including high yield bonds and high yield corporate loans which are below investment grade quality. The Trust may invest directly in such securities or synthetically through the use of derivatives. BlackRock Advisors, LLC is the Trust's investment advisor. Its sub-advisor is BlackRock Financial Management, Inc.