Company: MYI
Filing Date: 2025-09-02
Form Type: N-14 8C/A
Source: 0001193125-25-193985
Chunk: 271

Company: BLACKROCK MUNIYIELD QUALITY FUND III, INC.
Filing Date: 2025-09-02
Form: N-14 8C/A
Chunk 271
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003,621 |   |
| VRDP Shares outstanding at $100,000 liquidation value, end of year (000)                |     | $                   |   356,400 |   |     | $ | 356,400 |    |     | $ | 356,400 |    |     | $ |   356,400 |   |     | $ |   356,400 |   |
| Asset coverage per VRDP Shares at $100,000 liquidation value, end of year               |     | $                   |   383,214 |   |     | $ | 367,343 |    |     | $ | 376,541 |    |     | $ |   395,520 |   |     | $ |   381,600 |   |
| Borrowings outstanding, end of year (000)                                               |     | $                   |   246,471 |   |     | $ | 261,702 |    |     | $ | 252,930 |    |     | $ |   261,803 |   |     | $ |   244,245 |   |
| Portfolio turnover rate                                                                 |     |                     |        23 | % |     |   |      22 | %  |     |   |      16 | %  |     |   |        10 | % |     |   |        11 | % |

| (a) | Based on average Common Shares outstanding. |

| (b) | Distributions for annual periods determined in accordance with U.S. federal income tax regulations. |

| (c) | Total returns based on market price, which can be significantly greater or less than the net asset value, may                                                                       
 result in substantially different returns. Where applicable, excludes the effects of any sales charges and assumes the reinvestment of distributions at actual reinvestment prices. |

| (d) | Interest expense, fees and amortization of offering costs related to TOBs and/or VRDP Shares. See Note 4 and 
 Note 10 of the Notes to Financial Statements for details.                                                    |

144

DIVIDENDS AND DISTRIBUTIONS

General

The
Acquiring Fund’s dividend and distribution policy with respect to common shares will be the Combined Fund’s dividend and distribution policy with respect to common shares. MVT’s, MIY’s and MVF’s dividend and
distribution policy with respect to common shares is identical as that of the Acquiring Fund. The Ac