Company: MYI
Filing Date: 2025-09-02
Form Type: N-14 8C/A
Source: 0001193125-25-193985
Chunk: 419

Company: BLACKROCK MUNIYIELD QUALITY FUND III, INC.
Filing Date: 2025-09-02
Form: N-14 8C/A
Chunk 419
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 2024. The financial statements
of the Acquiring Fund for the six-month period ended January
31, 2025 are incorporated by reference herein to the Acquiring Fund’s filed on Form
N-CSR on April 7, 2025.

The financial statements of MVT for the fiscal year ended
July 31, 2024 are incorporated by reference herein to MVT’s annual report filed on
Form N-CSR on October 3, 2024. The financial statements of MVT for the six-month period ended January 31, 2025 are incorporated by reference herein to
MVT’s semi-annual report filed on Form N-CSR on April 7, 2025.

The financial statements of MIY for the fiscal year ended July
31, 2024 are incorporated by reference herein to MIY’s annual report filed on Form N-CSR on
October 3, 2024. The financial statements of MIY for the six-month period ended January
31, 2025 are incorporated by reference herein to MIY’s semi-annual report filed on Form N-CSR on
April 7, 2025.

The financial statements of MVF for the fiscal year ended July 31, 2024 are incorporated by reference herein to
MVF’s annual report filed on Form N-CSR on October 3, 2024. The financial statements of MVF
for the six-month period ended January
31, 2025 are incorporated by reference herein to MVF’s semi-annual report filed on Form N-CSR on
April 7, 2025.

SUPPLEMENTAL FINANCIAL STATEMENTS

A table showing the fees of the Acquiring Fund and each Target Fund, and the fees and expenses of the Acquiring Fund on a pro forma basis after giving effect
to the proposed Reorganization, is included in the section entitled “Expense Table for Common Shareholders” of the Joint Proxy Statement/Prospectus.

48

Each Reorganization will not result in a material change to the respective Target Fund’s investment
portfolio due to the investment restrictions of the Acquiring Fund. As a result, a schedule of investments of each Target Fund modified to show the effects of the change is not required and is not included. Notwithstanding the foregoing, changes may
be made to a Target Fund’s portfolio in advance of the Reorganization and/or the Acquiring Fund’s portfolio following the Reorganization.

There are no material differences in the accounting, taxation