BLACKROCK MUNIYIELD QUALITY FUND III, INC. (MYI)
Established on April 13, 1992, the BlackRock MuniYield Quality Fund III, Inc. operates as a closed-end mutual fund, concentrating its investment efforts within the fixed income sector. While originally launched by BlackRock, Inc., its portfolio management is currently overseen by BlackRock Advisors, LLC. A primary component of the fund's strategy involves acquiring long-duration, high-quality municipal obligations that are legally exempt from federal income taxation. This investment vehicle maintains its legal domicile in the United States.
Industry: Asset Management
BlackRock MuniYield Quality Fund III, Inc.
NYSE:MYIFinancial Services · Asset Management
+0.00%$9.80
AH Close$9.80+0.00%vs close
AH Close$9.80+0.00%vs close
Mkt Cap$1.2B
Float122.29M
O/S122.29M
Inst Own33.4%
SI0.2%
Div Yield6.80%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$80.86M
Net Income$55.86M
Total Assets$2.42B
Free Cash Flow$48.94M
Debt & Equity
Debt 41%
Equity 59%
Total Debt$996.29M
Total Equity$1.41B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in MYI's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$2.42B
Liabilities$1.01B
Accounts Receivable$36.31M
Accounts Payable$0
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-07-31 | 2025-07-31 | 2024-07-31 | 2023-07-31 | 2022-07-31 | 2021-07-31 | 2020-07-31 | 2019-07-31 | 2018-07-31 | 2017-07-31 | 2016-07-31 | 2015-07-31 | 2014-07-31 | 2013-07-31 |
| Revenue | $80.86M | $42.7M | $38.59M | $58.4M | $55.76M | $57.97M | $58.96M | $62.74M | $66.93M | $70.74M | $72.01M | $73.34M | $74.51M | $74.88M |
| YoY Growth | 89.4% | 10.7% | -33.9% | 4.7% | -3.8% | -1.7% | -6.0% | -6.3% | -5.4% | -1.8% | -1.8% | -1.6% | -0.5% | - |
| Cost of Revenue | $9.37M | $6.41M | $697K | $7.2M | $8.14M | $8.64M | $8.31M | $8.22M | $8.2M | $8.36M | $8.44M | $0 | $0 | $0 |
| Gross Profit | $71.49M | $36.29M | $37.89M | $51.21M | $47.62M | $49.34M | $50.65M | $54.52M | $58.73M | $62.38M | $63.57M | $73.34M | $74.51M | $74.88M |
| Gross Margin | 88.4% | 85.0% | 98.2% | 87.7% | 85.4% | 85.1% | 85.9% | 86.9% | 87.7% | 88.2% | 88.3% | 100.0% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | -$0 | -$2 | $1 | $1 | $2 | $0 | -$0 | $2 | $0 | $0 | $0 |
| Selling, General, and Administrative | $0 | $6.97M | $471K | $462K | $11.13M | $11.94M | $3.16M | $1.96M | $615K | $726K | $706K | $683K | $8.71M | $9.17M |
| Other | -$9.03M | $0 | $0 | $17.58M | $60K | $69K | $59K | $66K | $59K | $71K | $87K | $96K | $0 | $0 |
| Total Operating Expenses | -$9.03M | $6.97M | $154K | $512K | $3.27M | $3.79M | $3.22M | $2.03M | $674K | $798K | $793K | $780K | $71.53M | $124.14M |
| Operating Income (EBIT) | $80.52M | -$20.62M | $38.44M | -$2.56M | -$131.13M | $82.66M | $51.55M | $97.47M | $28.36M | -$4.1M | $57.2M | $59.14M | $65.8M | $65.7M |
| Operating Margin | 99.6% | -48.3% | 99.6% | -4.4% | -235.1% | 142.6% | 87.4% | 155.4% | 42.4% | -5.8% | 79.4% | 80.6% | 88.3% | 87.7% |
| Interest Expense | $24.44M | $0 | $21.33M | $19M | $3.96M | $2.25M | $8.33M | $13.05M | $11.87M | $9.42M | $49.95M | $0 | $0 | $0 |
| Interest Income | $86.72M | -$18.94M | $58.15M | $58.04M | $55.76M | $57.97M | $58.86M | $62.61M | $66.77M | $70.67M | $0 | $5.21M | $5.25M | $5.6M |
| Other Income (Expense) | -$24.66M | -$19.19M | -$64K | -$19M | -$137.84M | -$5.34M | $0 | $0 | -$41.84M | $8.36M | $0 | -$7.68M | $74.99M | -$120.56M |
| Income Before Tax (EBT) | $55.86M | -$39.81M | $38.37M | -$2.56M | -$135.09M | $82.66M | $51.55M | $97.47M | $16.49M | -$13.52M | $107.15M | $56.67M | $140.79M | -$54.86M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$161K | $61.9M | $162.98M | $0 | $0 | $0 |
| Net Income | $55.86M | -$39.81M | $38.37M | -$2.56M | -$135.09M | $82.66M | $51.55M | $97.47M | $16.49M | -$13.52M | $107.15M | $56.67M | $140.79M | -$54.86M |
| Net Income Margin | 69.1% | -93.2% | 99.4% | -4.4% | -242.2% | 142.6% | 87.4% | 155.4% | 24.6% | -19.1% | 148.8% | 77.3% | 189.0% | -73.3% |
| Supplementary Data | ||||||||||||||
| EPS | 0.46 | -0.60 | 0.58 | -0.04 | -1.98 | 1.21 | 0.76 | 1.43 | 0.24 | -0.20 | 1.58 | 0.84 | 2.07 | -0.81 |
| Diluted EPS | 0.46 | -0.60 | 0.58 | -0.04 | -1.98 | 1.21 | 0.76 | 1.43 | 0.24 | -0.19 | 1.58 | 0.84 | 2.07 | -0.81 |
| Weighted Average OS | 122.29M | 66.47M | 66.47M | 67.51M | 68.15M | 68.15M | 68.15M | 68.43M | 68.15M | 68.08M | 67.99M | 67.86M | 67.86M | 67.86M |
| EBITDA | $80.29M | -$20.62M | $59.76M | $13.88M | -$128.37M | $88M | $62.54M | $111.9M | $16.49M | -$25.98M | $107.15M | $59.4M | $0 | $0 |
| EBITDA Margin | 99.3% | -48.3% | 154.9% | 23.8% | -230.2% | 151.8% | 106.1% | 178.4% | 24.6% | -36.7% | 148.8% | 81.0% | - | - |
Balance Sheet
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-07-31 | 2025-07-31 | 2024-07-31 | 2023-07-31 | 2022-07-31 | 2021-07-31 | 2020-07-31 | 2019-07-31 | 2018-07-31 | 2017-07-31 | 2016-07-31 | 2015-07-31 | 2014-07-31 | 2013-07-31 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $50.17M | $11.54M | $10.79M | $0 | $3.05M | $53K | -$3.68M | $75K | $0 | $0 | $20K | $0 | $302K | $0 |
| Short-Term Investments | $0 | $0 | $272.89M | $9.54M | $0 | $0 | $3.68M | $0 | $14.32M | $10.35M | $5.11M | $0 | $0 | $0 |
| Cash and Short-Term Investments | $50.17M | $3.48M | $272.89M | $9.54M | $3.05M | $53K | $3.68M | $75K | $14.32M | $10.35M | $5.13M | $0 | $302K | $0 |
| Accounts Receivable | $36.31M | $25.5M | $15.11M | $14.52M | $14.41M | $15.25M | $18.21M | $15.81M | $18.88M | $16.68M | $19.87M | $18.7M | $19.84M | $19M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $17.74M | $0 | $24.18M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | -$334K | -$37.03M | -$25.89M | -$24.05M | $1.39M | $1.67M | $0 | $1.1M | $866K | $1.24M | $688K | $760K | $870K | $17K |
| Total Current Assets | $86.48M | $29.28M | $288.34M | $14.52M | $14.41M | $15.31M | $18.21M | $15.89M | $18.88M | $16.75M | $20.63M | $19.51M | $21.05M | $19.01M |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $2.33B | $1.28B | $1.04B | $1.36B | $1.48B | $1.65B | $1.6B | $1.61B | $1.57B | $1.58B | $1.18B | $1.15B | $1.11B | $1.04B |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $334K | $310K | $272.89M | -$1.36B | -$1.48B | -$1.65B | -$1.6B | -$1.61B | -$1.57B | -$1.58B | $482.46M | $450.19M | $502.16M | $527.19M |
| Total Long-Term Assets | $2.34B | $1.28B | $1.32B | $1.36B | $1.48B | $1.65B | $1.6B | $1.61B | $1.57B | $1.58B | $1.66B | $1.6B | $1.61B | $1.56B |
| Other Assets | $0 | $1.31B | -$272.89M | $291K | $1.7M | $1.92M | $304K | $1.19M | $898K | $1.2M | $0 | $0 | $0 | $0 |
| Total Assets | $2.42B | $1.31B | $1.33B | $1.38B | $1.49B | $1.67B | $1.62B | $1.63B | $1.59B | $1.6B | $1.68B | $1.62B | $1.63B | $1.58B |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $0 | $27.62M | $3.6M | $4.39M | $4.31M | $3.56M | $3.36M | $11.95M | $15.68M | $5.24M | $4.68M | $6.63M | $0 | $6.53M |
| Short-Term Debt | $4.92M | $8.59M | $135.18M | $0 | $10K | $0 | $0 | $0 | $0 | $0 | $261.8M | $244.25M | $262.51M | $287.44M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $3.89M | $4.3M | -$235.61M | -$230.61M | -$234.52M | $15.21M | $4.75M | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $166.49M | $5.95M | -$6.01M | -$6.39M | -$5.58M | -$4.57M | -$13.56M | -$16.98M | -$7.09M | $4.84M | $5.35M | $5.02M | $6.18M |
| Total Current Liabilities | $4.92M | $204.99M | $144.73M | $4.39M | $4.31M | $3.56M | $3.36M | $11.95M | $15.68M | $5.24M | $273.04M | $257.6M | $268.88M | $300.16M |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $991.37M | $522.45M | $356.15M | $171K | $597.84M | $595.19M | $589.95M | $602.43M | $0 | $0 | $355.9M | $356.4M | $356.4M | $356.4M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $10.9M | $30.13M | -$356.15M | -$171K | $597.85M | -$595.19M | -$589.95M | -$602.43M | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $1B | $356.18M | $356.15M | $171K | $4.31M | $356.01M | $355.98M | $355.96M | $469K | $493K | $355.9M | $356.4M | $356.4M | $356.4M |
| Other Liabilities | $0 | $522.45M | $491.32M | $526.32M | $595.6M | -$356.01M | -$355.98M | -$355.96M | $619.3M | $611.14M | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.01B | $561.17M | $500.88M | $530.89M | $604.23M | $3.56M | $3.36M | $11.95M | $635.44M | $616.87M | $628.94M | $614M | $625.28M | $656.56M |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $1.62B | $847.1M | $861.24M | $877.88M | $885.28M | $885.31M | $885.34M | $885.36M | $885.38M | $903.7M | $923.53M | $946.93M | $952.92M | $954.29M |
| Retained Earnings | -$206.3M | -$99.09M | -$29.15M | -$33.28M | $3.53M | $180.7M | $139.18M | $124.02M | $4.98M | $9.04M | $12.35M | $56.69M | $54.37M | -$28.48M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $1.04M | $0 | $0 | $0 | $62.45M | $72.85M | $117.35M | $0 | $0 | $0 |
| Other Stockholders' Equity | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $62.45M | $72.85M | $117.35M | $0 | $0 | $0 |
| Total Equity | $1.41B | $748.01M | $832.09M | $844.6M | $888.81M | $1.07B | $1.02B | $1.01B | $952.81M | $985.59M | $1.05B | $1B | $1.01B | $925.81M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $2.42B | $1.31B | $1.33B | $1.38B | $1.49B | $1.07B | $1.03B | $1.02B | $1.59B | $1.6B | $1.68B | $1.62B | $1.63B | $1.58B |
| Supplementary Data | ||||||||||||||
| Total Debt | $996.29M | $531.04M | $491.33M | $171K | $597.85M | $595.19M | $589.95M | $602.43M | $469K | $493K | $617.71M | $600.65M | $618.91M | $643.84M |
| Net Debt | $946.12M | $518.97M | $480.55M | $171K | $594.8M | $595.14M | $593.64M | $602.36M | $469K | $493K | $617.69M | $600.65M | $618.61M | $643.84M |
Cash Flow Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-07-31 | 2025-07-31 | 2024-07-31 | 2023-07-31 | 2022-07-31 | 2021-07-31 | 2020-07-31 | 2019-07-31 | 2018-07-31 | 2017-07-31 | 2016-07-31 | 2015-07-31 | 2014-07-31 | 2013-07-31 |
| Operating Activities | ||||||||||||||
| Net Income | $55.86M | -$39.81M | $38.37M | -$2.56M | -$135.09M | $82.66M | $51.55M | $97.47M | $16.49M | -$13.52M | $107.15M | $56.67M | $140.79M | -$54.86M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | -$540K | $120K | $166K | $456K | $842K | -$281K | $596K | $1.23M | -$51K | $824K | -$268K | $389K | -$138K | -$494K |
| Inventory | $0 | $0 | $0 | -$4K | -$3K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $34K | $81K | -$117K | -$692K | $457K | $244K | -$7K | $20K | -$665K | $621K | $29K | $0 | $0 | $0 |
| Other Working Capital | $999K | -$33K | -$469K | $866K | -$383K | $122K | -$1.54M | $789K | $321K | -$118K | $277K | $455K | -$846K | $174K |
| Total Working Capital Change | $494K | $167K | -$303K | $627K | $913K | $86K | -$956K | $2.04M | -$395K | $1.33M | $38K | $844K | -$984K | -$320K |
| Other Non-Cash Items | -$7.42M | $51.15M | $43.13M | $118.2M | $173.31M | -$45.58M | -$2.87M | -$42.22M | $25.3M | $74.65M | -$55.03M | $20.77M | -$55.41M | $69.8M |
| Net Cash from Operating | $48.94M | $11.5M | $81.2M | $116.27M | $39.13M | $37.17M | $47.72M | $57.29M | $41.4M | $62.45M | $51.93M | $78.28M | $84.4M | $14.62M |
| Investing Activities | ||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | -$3 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$365.38M | -$611.9M | -$314.23M | -$669.48M | -$250.72M | -$101.29M | -$297.93M | -$371.91M | -$341.63M | -$261.71M | -$182M | $0 | $0 | $0 |
| Sales of Investments | $394.2M | $589.03M | $368.06M | $757.06M | $235.36M | $87.8M | $314M | $357.72M | $335.43M | $273.34M | $167.97M | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $28.38M | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $28.82M | -$22.86M | $53.83M | $87.58M | -$15.35M | -$13.49M | $16.06M | $14.19M | -$6.19M | $11.63M | -$14.03M | $0 | $0 | $0 |
| Financing Activities | ||||||||||||||
| Debt Repaid | $11.7M | -$39.69M | $156K | -$171K | - | - | $12.5M | - | - | -$493K | -$17.56M | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | -$10.81M | -$6.72M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | -$47.72M | -$36.86M | -$37.96M | -$42.12M | -$40.69M | -$36.41M | -$41.31M | -$50.46M | -$54.11M | -$57.94M | -$60.34M | -$59.18M | -$55.34M |
| Other Financing Activities | $29K | $26K | -$33.38M | -$73.14M | $2.65M | $5.24M | -$12.48M | -$15.68M | $8.77M | -$8.85M | $20K | -$18.24M | -$24.92M | $40.72M |
| Net Cash from Financing | -$67.99M | -$8.02M | -$81.2M | -$117.65M | -$39.47M | -$35.45M | -$48.89M | -$56.99M | -$41.7M | -$62.47M | -$40.36M | -$78.58M | -$84.1M | -$14.62M |
| Forex Effect | $28.87M | $0 | $0 | -$87.58M | $15.35M | $13.49M | -$16.06M | -$14.19M | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $38.63M | $3.48M | $1.25M | -$1.39M | -$334K | $1.72M | -$1.17M | $301K | -$301K | $11.61M | $20K | -$585K | $302K | $0 |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | $48.94M | $31.63M | $81.2M | $116.27M | $39.13M | $37.17M | $47.72M | $57.29M | $41.4M | $62.45M | $51.93M | $78.28M | $84.4M | $14.62M |
| Capital Expenditure | $3 | $0 | -$4 | -$3 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $48.94M | $31.63M | $81.2M | $116.27M | $39.13M | $37.17M | $47.72M | $57.29M | $41.4M | $62.45M | $51.93M | $78.28M | $84.4M | $14.62M |
| Cash at Beginning | $11.54M | $10.79M | $9.54M | $1.39M | $1.72M | $0 | $1.17M | $866K | $1.17M | $20K | $10 | $302K | $0 | $0 |
| Cash at End | $50.17M | $11.54M | $10.79M | $0 | $1.39M | $1.72M | $0 | $1.17M | $866K | $11.63M | $20K | -$283K | $302K | $0 |