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BlackRock MuniYield Quality Fund III (MYI)

National Muni Bond Funds - National Municipal (tax-free) Bond

Data as of Feb. 23, 2024
Current
Market Price $11.39 (- $0.03)
NAV (Feb. 23, 2024) $12.60 (+ $0.02)
Fund Listed NYSE
Premium / Discount -9.60% (-0.38%)
Fund Info
Inception April 13, 1992
Sponsor BlackRock Advisors
Website www.blackrock.com/inve...
Phone 1-800-882-0052
NAV Symbol XMYIX
Location Delaware
Incorporated Maryland (Subject to the Maryland Act)
Staggered Board Yes
Term Date N/A
Objective: Current income exempt from federal income taxes; Long-term, investment grade municipal obligations
Related Indexes
National Municipal Bond Index
Tax-Sensitive Income Index
Capital & Leverage
Outstanding Shares 66,467,251
Total Assets (Reported: July 31, 2023) $1,375M
Estimated Total Assets $1,326M
Net Assets $837M
Market Cap $757M
Portfolio Turnover 49.00%
Total Leverage 36.86%
Structural Leverage (out of total) 72.87%
Portfolio Leverage (out of total) 27.13%
Expense Ratio 3.15%
Non Lev Exp Ratio 0.89%
Rel Lev Cost 3.76%
Discount Data
Average Discount (3 Yr) -8.88%
Discount Low(3 Yr) -16.40%
Discount High(3 Yr) -2.07%
Discount Rel Range (3 Yr) 50.10%
Comp Discount 0.57
Discount St Dev (1Yr) 1.65
Z-Stat
Z-Stat (6mo) 1.56
Z-Stat (1Yr) 1.95
Z-Stat (3Yr) -0.10
Comp Z-Stat (6mo) 0.23
Comp Z-Stat (3Yr) 0.65
Distribution Data
Market Yield 5.85%
Income Yield 4.56%
Lev Adj NAV Yield 3.86%
Distribution Frequency M
Current Distribution $0.056
Current Income $0.043
Ex-Date 2/14/24
Payable Date 3/1/24
Div Growth (3yr) 7.77%
Dividend Change 37.0% on 11/14/23
Expected Div 3/1/24
RoC (1yr) 11.32%
RoC (3yr) 4.88%
Volume & Liquidity
Average Daily $ (K) $3,423
Avg Volume 30 day 223,397
Avg Volume 90 day 300,518
Volume Trend -25.66%
Comp Volume Trend -3.38%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
54.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
67.0%
Price Correlation (1yr)
vs. CEFA's National Municipal Bond Index
91.0%
Most Correlated Peer (Mk Pr): VMO 91.0%
NAV - Price Correlation (30 d) 24.0%
NAV - Price Correlation (90 d) 86.4%
NAV - Price Correlation (1 Yr) 97.2%
Price St Dev (1Yr) 11.8%
NAV St Dev (1Yr) 7.1%
Earnings
Earnings / Share (12/29/23) $0.036
Earn Coverage 65.41%
Earnings Trend Up
UNII / Share (12/29/23) $-0.035
Rel UNII -6.64
UNII Trend Down
Bond Specific Data
Maturity 25.69
Duration 12.30
Credit Rating (rbo) AA
Investment Grade 89.43%
Non Investment Grade 2.35%
Unrated Bonds 8.22%
Average Bond Price 104.04
Discount vs Price -5.56
Coupon 4.05%
Zero Coupon 9.15%
AMT 12.60%
AMT Yield 5.64%
Bond Calls Risk 5.85%
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
1.02
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
0.62
NAV Beta (2yr)
vs. CEFA's National Municipal Bond Index
0.95

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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

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