Company: MYI
Filing Date: 2025-10-03
Form Type: N-CSR
Source: 0001193125-25-230138
Chunk: 19

Company: BLACKROCK MUNIYIELD QUALITY FUND III, INC.
Filing Date: 2025-10-03
Form: N-CSR
Chunk 19
---
a) | Represents net amount purchased (sold). |

Schedule of Investments 43

Schedule of Investments (continued) July 31, 2025 BlackRock MuniYield Fund, Inc. (MYD)

Derivative Financial Instruments Categorized by Risk Exposure For the period ended July 31, 2025, the effect of derivative financial instruments in the Statements of Operations was as follows:

|                                                          | CommodityContracts | CreditContracts | EquityContracts | ForeignCurrencyExchangeContracts | InterestRateContracts | OtherContracts |        Total |
| Net Realized Gain (Loss) from:                           |                    |                 |                 |                                  |                       |                |              |
| Futures contracts                                        | $—                 | $—              | $—              | $—                               |          $(1,403,948) | $—             | $(1,403,948) |
| Net Change in Unrealized Appreciation (Depreciation) on: |                    |                 |                 |                                  |                       |                |              |
| Futures contracts                                        | $—                 | $—              | $—              | $—                               |              $709,550 | $—             |     $709,550 |

Average Quarterly Balances of Outstanding Derivative Financial Instruments

| Futures contracts:                          |       |
| Average notional value of contracts — short | $—(a) |

| (a) | Derivative financial instrument not held at any quarter-end. The risk exposure table serves as an 
 indicator of activity during the period.                                                          |

For more information about the Fund’s investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. Fair Value Hierarchy as of Period End Various inputs are used in determining the fair value of financial instruments at the measurement date. For a description of the input levels and information about the Fund’s policy regarding valuation of financial instruments, refer to the Notes to Financial Statements. The following table summarizes the Fund’s financial instruments categorized in the fair value hierarchy. The breakdown of the Fund ’ s financial instruments into major categories is disclosed in the Schedule of Investments above.

|                                                          |    Level 1 |      Level 2 | Level 3 |        Total |
| Assets                                                   |            |              |         |              |
| Investments                                              |            |              |         |              |
| Long-Term Investments                                    |            |              |         |              |
| Municipal Bonds                                          |         $— | $692,781,150 | $—      | $692,781,150 |
| Municipal Bonds