Company: MYI
Filing Date: 2025-09-02
Form Type: N-14 8C/A
Source: 0001193125-25-193985
Chunk: 121

Company: BLACKROCK MUNIYIELD QUALITY FUND III, INC.
Filing Date: 2025-09-02
Form: N-14 8C/A
Chunk 121
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 Holders or VRDP Holders of each Fund, as applicable, will be VRDP
Holders of the larger Combined Fund that will have a larger asset base and more preferred shares outstanding than any Fund individually before the Reorganizations. With respect to matters requiring all preferred shareholders to vote separately or
common and preferred shareholders to vote together as a single class, following the Reorganizations, VRDP Holders of the Combined Fund may hold a smaller percentage of the outstanding preferred shares of the Combined Fund as compared to their
percentage holdings of outstanding preferred shares of their respective Fund prior to the Reorganizations.

Please see “Information
about the Preferred Shares of the Funds” for additional information.

55

THE FUNDS

The Funds are each formed as a Maryland corporation and are each a diversified, closed-end management
investment company registered under the 1940 Act. Each Fund’s principal place of business is located at 100 Bellevue Parkway, Wilmington, Delaware 19809, and each Fund’s telephone number is (800)
882-0052.

MVT was incorporated as a Maryland corporation governed by the laws of the State of
Maryland on February 3, 1993, and commenced operations on March 29, 1993.

MIY was incorporated as a Maryland corporation
governed by the laws of the State of Maryland on June 30, 1992, and commenced operations on October 30, 1992.

MVF was
incorporated as a Maryland corporation governed by the laws of the State of Maryland on July 6, 1988, and commenced operations on September 29, 1988.

The Acquiring Fund was incorporated as a Maryland corporation governed by the laws of the State of Maryland on January 13, 1992, and
commenced operations on April 13, 1992.

The Acquiring Fund common shares are listed on the NYSE as “MYI.” MVT’s
common shares are listed on the NYSE as “MVT.” MIY’s common shares are listed on the NYSE as “MIY.” MVF’s common shares are listed on the NYSE as “MVF.”

Each of the Acquiring Fund, MVT, MIY and MVF have a July 31 fiscal year end.

Each of MVT and MVF has VMTP Shares outstanding, and each of the Acquiring Fund and MIY has VRDP Shares outstanding. Each Fund’s
preferred shares are not listed on a national stock exchange and have not been registered