BlackRock MuniYield Quality Fund III
MYI

$11.97

0.08%

Market Cap: $796M

About: BLACKROCK MUNIYIELD QUALITY FUND III, INC. is a diversified, closed-ended investment management company. Its investment objective is to provide shareholders with a high level of current income exempt from U.S. federal income taxes as is consistent with its investment policies and prudent investment management. The company invests in various sectors such as Transportation; Utilities; Health; Education; Tobacco and others.

0

Funds holding %

of 6,728 funds

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Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

36% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 11

4% more funds holding

Funds holding: 103 [Q1] → 107 (+4) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]

4.58% less ownership

Funds ownership: 34.56% [Q1] → 29.98% (-4.58%) [Q2]

13% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 31

17% less capital invested

Capital invested by funds: $270M [Q1] → $223M (-$47M) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for MYI.

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Financial journalist opinion

This Deeply Discounted CEF Mini-Portfolio Yields 9.2%

With the market at nosebleed valuations, where can we look for value and yield?

This Deeply Discounted CEF Mini-Portfolio Yields 9.2%

MYI: Buy The Discount For Rate-Cut Rally

MYI is a Muni CEF managed by BlackRock with AUM over $800M. It pays a high 5.95% dividend tax free. MYI has a deep NAV Discount at 10.18%, which could be narrowed significantly with the recovery of Muni bond market. The current macro conditions and the strong summer seasonality favor Muni fund like MYI. It is a good time to buy MYI for income investors.

MYI: Buy The Discount For Rate-Cut Rally

Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

NEW YORK--(BUSINESS WIRE)---- $BBN--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Certain BlackRock Funds previously declared their June distributions on May 20, 2024 BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT), BlackRock Capital Allocation Term Trust (NYSE: BCAT), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Science and Technology Term Trust (NYSE: BSTZ), and BlackRock Innovation and Growth Term Trust (NYSE: BIGZ) previous.

Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

Tax Day Blues? These 9%+ Dividends Can Slash Your Bill

It's Tax Day—the perfect time to talk about one of our favorite income plays: municipal bonds.

Tax Day Blues? These 9%+ Dividends Can Slash Your Bill

Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: Declaration- 3/1/2024 Ex-Date- 3/14/2024 Record- 3/15/2024 Payable- 4/1/2024 National Funds Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust* BYM $0.052500 - BlackRock Long-Term Municipal Advantage Trust* BTA $0.043500 - BlackRock MuniAssets Fund, Inc.* MUA $0.055500 - BlackRock Municipal Income Fund, Inc.

Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

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