Company: MYI
Filing Date: 2025-09-05
Form Type: 424B3
Source: 0001193125-25-196285
Chunk: 295

Company: BLACKROCK MUNIYIELD QUALITY FUND III, INC.
Filing Date: 2025-09-05
Form: 424B3
Chunk 295
---
 Shareholders of all of the Funds should consult their own tax advisors in this regard.

For
five years beginning on the Closing Date of the Reorganizations, the Combined Fund will not be allowed to offset certain pre-Reorganization built-in gains attributable
to a Fund that is a gain corporation with capital loss carryforwards (and certain built-in losses) attributable to another Fund.

176

VOTING INFORMATION AND REQUIREMENTS Record Date The Funds’ have fixed the close of business on August 18, 2025 as the Record Date for the determination of shareholders entitled to notice of, and to vote at, the Special Meeting or any adjournment or postponement thereof. Shareholders on the Record Date will be entitled to one vote for each Share held, with no Shares having cumulative voting rights. A list of each Fund’s shareholders of record as of the Record Date will be available for inspection at the Special Meeting. As of the Record Date, the Funds had the following number of common shares and preferred shares outstanding:

| Title of Class   |     |        MVT |     |        MIY |     |        MVF |     | Acquiring Fund 
          (MYI) |
| Common Shares    |     | 20,861,423 |     | 28,964,750 |     | 57,335,699 |     |     66,467,251 |
| VMTP/VRDP Shares |     |        777 |     |      2,319 |     |      1,536 |     |          3,564 |

Proxies Shareholders may vote by participating at the Special Meeting remotely, by returning the enclosed proxy card or by casting their vote via telephone or the Internet using the instructions provided on the enclosed proxy card (described in greater detail below). Shareholders of each Fund have the opportunity to submit their voting instructions via the Internet or by “touch-tone” telephone voting. The giving of such a proxy will not affect your right to vote should you decide to attend the Special Meeting remotely. To use the Internet, please access the Internet address found on your proxy card. To record your voting instructions by automated telephone, please call the toll-free number listed on your proxy card. The Internet and automated telephone voting instructions are designed to authenticate shareholder identities, to allow shareholders to give their voting instructions, and to confirm that shareholders’ instructions have been recorded properly. Shareholders submitting their voting instructions via the Internet should understand that there may be costs associated with Internet access, such as usage charges