Liquidation: BLACKROCK MUNIYIELD QUALITY FUND, INC.

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Form Type: N-23C-2

Filing Date: 2025-03-05

Corporate Action: Liquidation

Type: New

Accession Number: 000119312525047081

Filing Summary: BlackRock MuniYield Quality Fund, Inc. notifies the SEC about the redemption of Series W-7 Variable Rate Demand Preferred Shares. The redemption period is set from April 1, 2025, to October 1, 2025. The company may redeem up to 67% of the outstanding Series W-7 VRDP Shares, amounting to 1,508 shares, on a pro rata basis. Holders will receive a liquidation preference of $100,000 per share, alongside accrued and unpaid dividends up until the redemption date. The redeemed shares will be managed in book-entry form through the Depository Trust Company, and payment will be facilitated by The Bank of New York Mellon.

Document Link: View Document

Additional details:

Title Of Security: Series W-7 Variable Rate Demand Preferred Shares


Redemption Period Start: 2025-04-01


Redemption Period End: 2025-10-01


Percentage Of Redemption Allowed: 67%


Number Of Shares Redeemed: 1508


Liquidation Preference Per Share: 100000


Dividend Status: cease to accumulate after redemption


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