M&A - BLACKROCK MUNIYIELD QUALITY FUND III, INC.

Form Type: N-14 8C

Filing Date: 2025-07-16

Corporate Action: Merger

Type: New

Accession Number: 000119312525159991

Filing Summary: This Registration Statement relates to a joint reorganization involving BlackRock MuniVest Fund II, Inc., BlackRock MuniYield Michigan Quality Fund, Inc., BlackRock MuniVest Fund, Inc., and BlackRock MuniYield Quality Fund III, Inc. Three funds (MVT, MIY, and MVF) are to be reorganized into BlackRock MuniYield Quality Fund III, Inc. (the Acquiring Fund). Shareholders are being asked to approve various reorganization agreements that entail the termination and dissolution of the MVT and MIY funds under the Investment Company Act of 1940. Shareholders of each fund will vote on the proposed plans which aim to combine resources for potential economic and operational efficiencies. Each fund's reorganization seeks to provide benefits such as lower total expenses and enhanced trading opportunities. The projected completion date for the reorganizations is anticipated in the fourth quarter of 2025, with significant implications for shareholder structures and fund management efficiencies. The Board of Directors has unanimously recommended approval of the proposals, stating they serve the best interests of shareholders.