Overview
Description
BlackRock MuniYield Quality Fund III, Inc. is a closed-end investment fund specializing in the municipal bond market. Its primary objective is to provide shareholders with a high level of current income that is exempt from federal income taxes, achieved by investing at least 80% of its assets in tax-exempt municipal obligations. The fund emphasizes long-term, high-quality municipal bonds, primarily rated high-grade, which contributes to its income generation and risk management profile. Founded in 1992 and headquartered in Wilmington, Delaware, BlackRock MuniYield Quality Fund III, Inc. serves investors looking for a steady stream of tax-advantaged income. The fund is actively managed by BlackRock, one of the world’s leading asset management companies, and is notable for its focus on income stability through diversified exposure across municipalities. Its role in the financial markets centers on offering investors access to a professionally managed portfolio of municipal bonds, facilitating diversification and providing a tool for income generation within a tax-efficient framework.
About
CEO
Employees
0
Address
50 Hudson Yards
New York, 10001, NY
United States
New York, 10001, NY
United States
Phone
212 810 5300
Website
Instrument type
Closed-end fund
Sector
Financial Services
Industry
Asset Management
Country
United States
MIC code
XNYS