Company: MYI
Filing Date: 2025-10-03
Form Type: N-CSR
Source: 0001193125-25-230138
Chunk: 17

Company: BLACKROCK MUNIYIELD QUALITY FUND III, INC.
Filing Date: 2025-10-03
Form: N-CSR
Chunk 17
---
 of the Fund during the year ended July 31, 2025 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

| Affiliated Issuer                                         | Value at07/31/24 | Purchasesat Cost | Proceedsfrom Sales | NetRealizedGain (Loss) | Change inUnrealizedAppreciation(Depreciation) | Value at07/31/25 | SharesHeld at07/31/25 |  Income | Capital GainDistributionsfromUnderlyingFunds |
| BlackRock Liquidity Funds, MuniCash, Institutional Shares |       $3,173,120 | $—               | $(53,555)(a)       |                    $47 | $(47)                                         |       $3,119,565 |             3,119,253 | $47,023 | $—                                           |

| (a) | Represents net amount purchased (sold). |

26 2025 BlackRock Annual Report to Shareholders

Schedule of Investments (continued) July 31, 2025 BlackRock Long-Term Municipal Advantage Trust (BTA)

Fair Value Hierarchy as of Period End Various inputs are used in determining the fair value of financial instruments at the measurement date. For a description of the input levels and information about the Fund’s policy regarding valuation of financial instruments, refer to the Notes to Financial Statements. The following table summarizes the Fund’s financial instruments categorized in the fair value hierarchy. The breakdown of the Fund ’ s financial instruments into major categories is disclosed in the Schedule of Investments above.

|                                                          |    Level 1 |      Level 2 |  Level 3 |        Total |
| Assets                                                   |            |              |          |              |
| Investments                                              |            |              |          |              |
| Long-Term Investments                                    |            |              |          |              |
| Common Stocks                                            |         $— |           $— | $272,037 |     $272,037 |
| Municipal Bonds                                          |          — |  193,310,822 |        — |  193,310,822 |
| Municipal Bonds Transferred to Tender Option Bond Trusts |          — |   12,235,168 |        — |   12,235,168 |
| Short-Term Securities                                    |            |              |          |              |
| Money Market Funds                                       |  3,119,565 |            — |        — |    3,