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BlackRock MuniYield Quality Fund III, Inc. (MYI)

NYSE Financial Services Asset Management
$9.78 ▼ -0.10%
Market Cap
$649.9M
Sector
Financial Services
Industry
Asset Management
Beta
0.62
52-Wk Range
9.66-11.46
CEO
John Perlowski
Country
US
Currency
USD

BlackRock MuniYield Quality Fund III, Inc. operates in the Asset Management industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $9.78, down 0.10% on the session, giving a market capitalisation of $649.9M. On trailing twelve-month figures it carries a trailing P/E of 25.74, a net margin of 60.1%. Its beta of 0.62 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
25.74
Price / Sales
15.70
Price / Book
0.82
EV / EBITDA
27.70
Gross margin
131.4%
Operating margin
105.0%
Net margin
60.1%
Return on equity
—
Debt / equity
0.70
Current ratio
26.45
Dividend yield
6.8%
Payout ratio
177.9%
Company profile
Exchange
New York Stock Exchange
Employees
—
IPO date
1992-04-13
Headquarters
New York City, NY, US
About BlackRock MuniYield Quality Fund III, Inc.

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.

Comparable companies

BlackRock MuniYield Quality Fund III, Inc. is most often compared with the following Financial Services names:

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