Blackrock Muniyield Quality Fund IIIMYI.NValuation Analysis

As of Oct 16, 2026, Blackrock Muniyield Quality Fund III (MYI.N) trades at a P/E of 21.60x, P/B of 0.85x, P/S of 13.90x, and a dividend yield of 6.76%.
Longitudinal percentile comparison: P/E sits at the 52nd percentile over the trailing 10Y window (vs. 65th percentile over 3Y); P/B sits at the 6th percentile over the trailing 10Y window (vs. 6th percentile over 3Y); P/S sits at the 68th percentile over the trailing 10Y window (vs. 79th percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 77th percentile within its industry and the 56th percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 10.26%, ranking at the 98th percentile over the trailing 20Y window.
Notably, P/E and P/B aren't telling quite the same story, 46.3 points apart — worth checking the full percentile matrix on this page for the complete picture. The P/E percentile sits lower across the market than within its own industry — relatively cheaper next to the market as a whole. Of the 10.26% total shareholder yield, 6.76% is paid out as dividends and roughly 3.50% is implied to come from buybacks — both channels are meaningfully in play. Blackrock Muniyield Quality Fund III operates in the other sector. Data refreshes weekly and is for reference only, not investment advice.