Company: MYI
Filing Date: 2025-09-02
Form Type: N-14 8C/A
Source: 0001193125-25-193985
Chunk: 53

Company: BLACKROCK MUNIYIELD QUALITY FUND III, INC.
Filing Date: 2025-09-02
Form: N-14 8C/A
Chunk 53
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 the Code), the distribution may be taxable to shareholders for U.S. federal income tax purposes. Premium/Discount to NAV As with any capital stock, the price of each Fund’s common shares will fluctuate based on market conditions and other factors. If common shares are sold, the price received may be more or less than the original investment. Each Fund’s common shares are designed for long-term investors and should not be treated as trading vehicles. Shares of closed-endmanagement investment companies frequently trade at a discount from their NAV. This risk may be greater for investors who sell their common shares in a relatively short period of time after the completion of the Reorganizations. The common shares of each Fund have historically traded at both a premium and a discount. The table below sets forth the market price, NAV, and the premium/discount to NAV of each Fund as of July 31, 2025.

| Fund       |     | Market Price |     |      NAV |     | Premium/(Discount) to NAV |
| MVT        |     |     $  10.07 |     | $  11.03 |     | -8.70%                    |
| MIY        |     |     $  10.91 |     | $  11.73 |     | -6.99%                    |
| MVF        |     |      $  6.61 |     |  $  7.08 |     | -6.64%                    |
| Acquiring  
 Fund (MYI) |     |     $  10.38 |     | $  11.25 |     | -7.73%                    |

To the extent MVT’s, MIY’s or MVF’s common shares are trading at a wider discount (or a narrower premium) than the Acquiring Fund at the time of its Reorganization, MVT’s, MIY’s or MVF’s common shareholders would have the potential for an economic benefit by the narrowing of the discount or widening of the premium. To the extent MVT’s, MIY’s or MVF’s common shares are trading at a narrower discount (or wider premium) than the Acquiring Fund at the time of its Reorganization, MVT’s, MIY’s or MVF’s common shareholders may be negatively impacted if its Reorganization is consummated. Acquiring Fund common shareholders would only benefit from a premium/discount perspective to the