Exhibit 1(b)


                             MUNIYIELD FUND, INC.

                             ARTICLES OF AMENDMENT


     MUNIYIELD FUND, INC., a Maryland corporation having its principal
office c/o The Corporation Trust Incorporated, 33South Street, Baltimore,
Maryland 21202 (hereinafter called the Corporation), hereby certifies to the
State Department of Assessments and Taxation of Maryland, that:

     FIRST: The charter of the Corporation is hereby amended by striking out
Section (6) of Article VI of the Articles of Incorporation and inserting in
lieu thereof the following:

          (6) A director elected by the holders of capital stock may be
     removed (with or without cause) but only by action taken by the holders
     of at least sixty-six and two-thirds percent (66 2/3%) of the shares of
     capital stock then entitled to vote in an election to fill that
     directorship.

     SECOND: The foregoing amendments do not increase the authorized capital
stock of the Corporation or alter the par value of such capital stock.

     THIRD: The foregoing amendments to the charter of the Corporation have
been duly approved by the entire Board of Directors at a meeting thereof held
on November 5, 1991, and at the time of the approval by the Directors there
were no shares of stock of the Corporation entitled to vote on the matter
either outstanding or subscribed for.






     IN WITNESS WHEREOF, MuniYield Fund, Inc. has caused these Articles to be
signed in its name and on its behalf by its President and attested by its
Secretary on November 5, 1991. The undersigned, Philip L. Kirstein, President
of MuniYield, Inc., who executed on behalf of said corporation these Articles
of Amendment, of which this certificate is made a part, hereby acknowledges in
the name of and on behalf of said corporation, these Articles of Amendment to
be the corporate act of said corporation; and further certifies that to the
best of his knowledge, information and belief, the matters and the facts set
forth herein, with respect to the authorization and approval hereof are true
in all material respects, under the penalties of perjury.

                                            MUNIYIELD FUND, INC.



                                            By: /s/ Philip L. Kirstein
                                                ----------------------------
                                                Philip L. Kirstein, President



Attest:



By: /s/ Mark B. Goldfus
    ---------------------------
     Mark B. Goldfus, Secretary