Company: MYI
Filing Date: 2025-09-02
Form Type: N-14 8C/A
Source: 0001193125-25-193985
Chunk: 49

Company: BLACKROCK MUNIYIELD QUALITY FUND III, INC.
Filing Date: 2025-09-02
Form: N-14 8C/A
Chunk 49
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 MVF into MYI) |
| 0.86% |     | 0.89% |     | 0.84% |     | 0.87%          |     | 0.84%                   |     | 0.83%                       |

The following example is intended to help you compare the costs of investing in the common shares of the Combined Fund pro formaif (i) only the MVT Reorganization is completed (and (ii) all of the Reorganizations are completed with the costs of investing in MVT, MIY, MVF and the Acquiring Fund without the Reorganizations. An investor in common shares would pay the following expenses on a $1,000 investment, assuming (1) the “Total Annual Fund Operating Expenses” for each Fund set forth in the total expenses table above and (2) a 5% annual return throughout the period:

|     |     | 1 Year |    |     | 3 Years |    |     | 5 Years |     |     | 10 Years |     |
|:----|:----|:-------|---:|:----|:--------|---:|:----|:--------|----:|:----|:---------|----:|
| MVT |     | $      | 23 |     | $       | 71 |     | $       | 122 |     | $        | 262 |

16

|                                                     |     | 1 Year |     | 3 Years |     | 5 Years |     | 10 Years |
| MIY                                                 |     |    $35 |     |    $107 |     |    $181 |     |     $376 |
| MVF                                                 |     |    $23 |     |     $71 |     |    $122 |     |     $262 |
| Acquiring Fund (MYI)                                |     |    $27 |     |     $83 |     |    $142 |     |     $302 |
| Pro forma Combined Fund (MVT into MYI)              |     |    $26 |     |     $80 |     |    $136 |     |     $290 |
| Pro forma Combined Fund (MVT, MIY and MVF into MYI) |     |    $27 |     |     $82 |     |    $141 |     |     $298 |

The examples set forth above assume common shares of each Fund were owned as of the