Company: MYI
Filing Date: 2025-04-07
Form Type: N-CSRS
Source: 0001193125-25-074486
Chunk: 16

Company: BLACKROCK MUNIYIELD QUALITY FUND III, INC.
Filing Date: 2025-04-07
Form: N-CSRS
Chunk 16
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 which is the total assets of the Fund, including any assets attributable to VRDP Shares                                                         
 and TOBTrusts, minus the sum of its accrued liabilities. Does not reflect                                                                                                                                                      
 derivatives or other instruments that may give rise to economic leverage. For a discussion of leveraging techniquesutilized by the Fund, please see The Benefits and Risks of Leveraging and Derivative Financial Instruments. |

Market Price and Net Asset Value Per Share Summary

|                      | 01/31/25 | 07/31/24 |  Change |   High |    Low |
| Closing Market Price |   $11.20 |   $11.37 | (1.50)% | $12.01 | $10.88 |
| Net Asset Value      |    12.19 |    12.52 |   -2.64 |  12.81 |  11.96 |

Performance Returns for the period ended January 31, 2025 were as follows:

|                                            |         | Average Annual Total Returns |         |          |
|                                            | 6-month |                       1 Year | 5 Years | 10 Years |
| Fund at NAV(a)(b)                          |   0.22% |                        1.92% |   0.11% |    2.67% |
| Fund at Market Price(a)(b)                 |    1.40 |                         5.26 |    0.25 |     2.36 |
| National Customized Reference Benchmark(c) |    1.12 |                         2.62 |    0.90 |      N/A |
| Bloomberg Municipal Bond Index(d)          |    1.05 |                         2.08 |    0.73 |     2.12 |

| (a) 
 (b) 
 (c) | All returns reflect reinvestment of dividends and/or distributions at actual reinvestment prices. Performance results reflect the Fund’s use of leverage, if                                                                                     
 any.                                                                                                                                                                                                                                             
 TheFund’s discount to NAV narrowed during the period, which accounts for the difference between performance based on market price and performance based on NAV.                                                                                  
 The National Customized Reference Benchmark is comprised of the Bloomberg Municipal Bond Index Total Return Index Value Unhedged (90%) and the BloombergMunicipal Bond: High Yield (non-Investment Grade) Total Return Index (10%). The National 
 Customized Reference Benchmark commenced on September 30, 2016