Company: MYI
Filing Date: 2025-07-16
Form Type: N-14 8C
Source: 0001193125-25-159991
Chunk: 6

Company: BLACKROCK MUNIYIELD QUALITY FUND III, INC.
Filing Date: 2025-07-16
Form: N-14 8C
Chunk 6
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 distributed in lieu of fractional common shares) and the VMTP Holders of MVT in respect of their common shares and VMTP Shares of MVT,
respectively, and (ii) the termination by MVT of its registration under the Investment Company Act of 1940, as amended (the “1940 Act”), and the liquidation, dissolution and termination of MVT in accordance with its charter and
Maryland law (the “MVT Reorganization”).

MVT VMTP Holders are also being asked to vote as a separate class on a proposal to
approve the MVT Reorganization Agreement and the MVT Reorganization through a separate proxy statement.

Common Shareholders of BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE Ticker: MIY): You and the VRDP Holders of MIY are being asked to vote as a single class on a proposal to approve an Agreement and Plan of Reorganization between MIY and the Acquiring Fund
(the “MIY Reorganization Agreement”) and the transactions contemplated therein, including (i) the acquisition by the Acquiring Fund of substantially all of MIY’s assets and the assumption by the Acquiring Fund of substantially
all of MIY’s liabilities in exchange solely for newly issued common shares and VRDP Shares of the Acquiring Fund, which will be distributed to the common shareholders (although cash may be distributed in lieu of fractional common shares) and
VRDP Holders, respectively, of MIY, and which shall constitute the sole consideration to be distributed or paid to the common shareholders (although cash may be distributed in lieu of fractional common shares) and the VRDP Holders of MIY in respect
of their common shares and VRDP Shares of MIY, respectively, and (ii) the termination by MIY of its registration under the 1940 Act, and the liquidation, dissolution and termination of MIY in accordance with its charter and Maryland law (the
“MIY Reorganization”).

i

MIY VRDP Holders are also being asked to vote as a separate class on a proposal to approve the MIY Reorganization Agreement and the MIY Reorganization through a separate proxy statement. Common Shareholders of BlackRock MuniVest Fund, Inc. (NYSE Ticker: MVF): You and the VMTP Holders of MVF are being asked to vote as a single class on a proposal to approve an Agreement and Plan of Reorganization between MVF and the Acquiring Fund (the “MVF Re