Company: MYI
Filing Date: 2025-07-16
Form Type: N-14 8C
Source: 0001193125-25-159991
Chunk: 421

Company: BLACKROCK MUNIYIELD QUALITY FUND III, INC.
Filing Date: 2025-07-16
Form: N-14 8C
Chunk 421
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 June 30 is available (i) without charge, upon request, by calling (800) 882-0052, (ii) at www.blackrock.com and
(iii) on the SEC’s website at http://www.sec.gov.

FINANCIAL STATEMENTS

The financial statements of the Acquiring Fund for the fiscal year ended July 31, 2024 are incorporated by reference herein to the
Acquiring Fund’s annual report filed on Form N-CSR on October 3, 2024. The financial statements
of the Acquiring Fund for the six-month period ended January
31, 2025 are incorporated by reference herein to the Acquiring Fund’s semi-annual report filed on Form
N-CSR on April 7, 2025.

The financial statements of MVT for the fiscal year ended
July 31, 2024 are incorporated by reference herein to MVT’s filed on Form N-CSR on October 3, 2024. The financial statements of MVT for the six-month period ended January 31, 2025 are incorporated by reference herein to
MVT’s semi- filed on Form N-CSR on
April 7, 2025. The financial statements of MIY for the fiscal year ended July
31, 2024 are incorporated by reference herein to MIY’s annual report filed on Form N-CSR on
October 3, 2024. The financial statements of MIY for the six-month period ended January
31, 2025 are incorporated by reference herein to MIY’s semi-annual report filed on Form N-CSR on
April 7, 2025.

The financial statements of MVF for the fiscal year ended July 31, 2024 are incorporated by reference herein to
MVF’s filed on Form N-CSR on October 3,
2024. The financial statements of MVF for the six-month period ended January
31, 2025 are incorporated by reference herein to MVF’s semi- filed on Form N-CSR on April 7, 2025.

SUPPLEMENTAL FINANCIAL STATEMENTS

A table showing the fees of the Acquiring Fund and each Target Fund, and the fees and expenses of the Acquiring Fund on a pro forma basis after giving effect
to the proposed Reorganization, is included in the section entitled “Expense Table for Common Shareholders” of the Joint Proxy Statement/Prospectus.

48

[Each Reorganization will not result in a