Company: MYI
Filing Date: 2025-09-02
Form Type: N-14 8C/A
Source: 0001193125-25-193985
Chunk: 47

Company: BLACKROCK MUNIYIELD QUALITY FUND III, INC.
Filing Date: 2025-09-02
Form: N-14 8C/A
Chunk 47
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on Stevens & Young, LLP                       |

14

EXPENSE TABLE FOR COMMON SHAREHOLDERS The purpose of the comparative fee table below is to assist shareholders of each Fund in understanding the various costs and expenses of investing in common shares of each Fund and Combined Fund. The information in the table reflects (i) the fees and expenses of each of MVT, MIY, MVF and the Acquiring Fund (unaudited); (ii) the pro formaexpenses of the Combined Fund, assuming only the Reorganization of MVT into the Acquiring Fund had taken place on February 1, 2024, which represents the combination of completed Reorganizations presented in this Joint Proxy Statement/Prospectus that would result in the highest Total Expense Ratio for the Combined Fund; and (iii) the pro formaexpenses of the Combined Fund, assuming all Reorganizations had taken place on February 1, 2024, which represents, in the Investment Advisor’s view, the most likely combination of the Reorganizations and the combination of the Reorganizations that would result in the lowest Total Expense Ratio for the Combined Fund. The fees and expenses for the Funds are based on actual fees and expenses incurred by the Funds for the twelve-month period ended January 31, 2025. The level of expense savings (or increases) will vary depending upon the combination of the Funds in the Reorganizations and the resulting size of the Combined Fund, and furthermore, there can be no assurance that future expenses will not increase or that any expense savings for any Fund will be realized. Because each of the Reorganizations may occur whether or not the other Reorganization is approved, several combinations are possible, and the pro formaeffects on operating expenses for all possible combinations are not illustrated in the table below. As noted above, however, the scenarios presented below capture the high and low range of possible pro formaoutcomes for the Reorganizations presented in this Joint Proxy Statement/Prospectus.

|                                                                                                     |     |         MVT |     | MIY         |     | MVF         |     |   Acquiring 
  Fund (MYI) |     | Combined Fund 
     (MVT into 
          MYI) |     | Combined Fund 
 (MVT, MIY and 
 MVF into MYI) |
| Shareholder Transaction Expenses                                                                    |     |             |     |             |     |             |     |             |     |               |     |               |
| Maximum Sales Load (as a percentage of the offering price) imposed on purchases