Liquidation: BLACKROCK MUNIYIELD QUALITY FUND III, INC.

Form Type: N-23C-2

Filing Date: 2025-02-28

Corporate Action: Liquidation

Type: New

Accession Number: 000119312525042184

Filing Summary: BlackRock MuniYield Quality Fund III, Inc. has filed a Notification of Redemption of Securities pursuant to Rule 23c-2 under the Investment Company Act of 1940. This notification pertains to the redemption of its Series W-7 Variable Rate Demand Preferred Shares, which have a par value of $0.10 and a liquidation preference of $100,000 per share. The redemption period is set from April 1, 2025, to October 1, 2025. The fund plans to redeem up to 67% (2,387 shares) of the currently outstanding Series W-7 shares, following a pro rata method among the holders. Post-redemption, dividends on these shares will cease to accumulate. The redemption payments will be facilitated through The Bank of New York Mellon, acting as the tender and paying agent for these securities. This notification was duly authorized and signed on February 28, 2025.

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