Company: MYI
Filing Date: 2025-08-08
Form Type: PRE 14A
Source: 0001193125-25-176952
Chunk: 247

Company: BLACKROCK MUNIYIELD QUALITY FUND III, INC.
Filing Date: 2025-08-08
Form: PRE 14A
Chunk 247
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 a discount to NAV. The common shares of each Fund have historically traded at both a premium and a discount. The table below sets forth the market price, NAV, and the premium/discount to NAV of each Fund as of June 30, 2025.

| Fund                 |     | Market Price |       |   |     | NAV     |     | Premium/(Discount) to NAV |
|:---------------------|:----|:-------------|------:|:--|:----|:--------|:----|:--------------------------|
| MVT                  |     | $            | 10.32 | % |     | $11.29% |     | -8.59%                    |
| MIY                  |     | $            | 11.04 | % |     | $11.96% |     | -7.69%                    |
| MVF                  |     | $            |  6.58 | % |     | $7.25%  |     | -9.24%                    |
| Acquiring Fund (MYI) |     | $            | 10.49 | % |     | $11.46% |     | -8.46%                    |

To the extent MVT’s, MIY’s or MVF’s common shares are trading at a wider discount (or a narrower premium) than the Acquiring Fund at the time of its Reorganization, MVT’s, MIY’s or MVF’s common shareholders would have the potential for an economic benefit by the narrowing of the discount or widening of the premium. To the extent MVT’s, MIY’s or MVF’s common shares are trading at a narrower discount (or wider premium) than the Acquiring Fund at the time of its Reorganization, MVT’s, MIY’s or MVF’s common shareholders may be negatively impacted if its Reorganization is consummated. Acquiring Fund common shareholders would only benefit from a premium/discount perspective to the extent the post-Reorganization discount (or premium) of the Acquiring Fund common shares improves. There can be no assurance that, after the Reorganizations, common shares of the Combined Fund will trade at, above or below NAV. Upon consummation of the Reorganizations, the Combined Fund common shares may trade at a price that is less than the current market price of Acquiring Fund common shares. In the Reorganizations, common shareholders of MVT, MIY and MVF will receive Acquiring Fund common shares based