BlackRock MuniYield Quality Fund III (MYI)

• Market cap: $731M
• 1 day: 0.36%
• 5 days: -1.70%
• 1 month: -3.00%
• 3 months: -8.18%
• 6 months: -0.99%
• Year to date: -5.09%
• 1 year: -4.93%
• 5 years: -18.28%
• 10 years: -22.04%

About: BLACKROCK MUNIYIELD QUALITY FUND III, INC. is a 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.

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

48% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 21

5.52% less ownership

Funds ownership: 33.41% [Q2] → 27.88% (-5.52%) [Q3]

7% less funds holding

Funds holding: 107 [Q2] → 99 (-8) [Q3]

11% less capital invested

Capital invested by funds: $248M [Q2] → $222M (-$26.6M) [Q3]

40% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 20

50% less funds holding in top 10

Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]