Company: MYI
Filing Date: 2025-09-02
Form Type: N-14 8C/A
Source: 0001193125-25-193985
Chunk: 41

Company: BLACKROCK MUNIYIELD QUALITY FUND III, INC.
Filing Date: 2025-09-02
Form: N-14 8C/A
Chunk 41
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 this Joint Proxy Statement/Prospectus and the accompanying materials will commence on or about August
[●], 2025.

Shareholders of record of each Fund as of the close of business on August 18, 2025 (the “Record Date”)
are entitled to notice of and to vote at the Special Meeting or any adjournment or postponement thereof.

Shareholders of each Fund are
entitled to one vote for each common share or VMTP Share or VRDP Share, as applicable (each, a “Share”), held, with no Shares having cumulative voting rights. Preferred shareholders of each Fund will have equal voting rights with the
common shareholders of such Fund with respect to the proposals that require the vote of the Fund’s VMTP Shares or VRDP Shares, as applicable, and common shares as a single class. The quorum and voting requirements for each Fund are described
in the section herein entitled “Voting Information and Requirements.”

This Joint Proxy Statement/Prospectus is only being
delivered to the common shareholders of each Fund. Each Fund is separately soliciting the votes of its respective preferred shareholders on each of the foregoing proposals that require the vote of preferred shareholders through a separate proxy
statement and not through this Joint Proxy Statement/Prospectus.

MVT, MIY, MVF and the Acquiring Fund are each formed as a Maryland
corporation. Each of MVT, MIY, MVF and the Acquiring Fund is a diversified, closed-end management investment company registered under the 1940 Act. The Reorganizations seek to achieve certain economies of
scale and other operational efficiencies by combining four funds that have similar investment objectives and similar investment strategies, policies and restrictions.

Assuming each of the Reorganizations receives the necessary approvals, the Acquiring Fund will acquire substantially all of the assets and
assume substantially all of the liabilities of MVT, MIY and MVF in exchange solely for newly

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issued common shares and VRDP Shares of the Acquiring Fund in the form of book-entry interests. The Acquiring Fund will list the newly issued common shares on the New York Stock Exchange
(“NYSE”). Such newly issued Acquiring Fund Shares will be distributed to MVT, MIY and MVF shareholders (although cash may be distributed in lieu of fractional common shares) and each of MVT, MIY and MVF will terminate its registration
under the 1940 Act and liquidate, dissolve and terminate in accordance with its respective charter and Maryland law. The