<SEC-DOCUMENT>0001193125-17-306669-index.html : 20171010
<SEC-HEADER>0001193125-17-306669.hdr.sgml : 20171009
<ACCEPTANCE-DATETIME>20171010103138
ACCESSION NUMBER:		0001193125-17-306669
CONFORMED SUBMISSION TYPE:	N-CSR/A
PUBLIC DOCUMENT COUNT:		23
CONFORMED PERIOD OF REPORT:	20170731
FILED AS OF DATE:		20171010
DATE AS OF CHANGE:		20171010
EFFECTIVENESS DATE:		20171010

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK MUNIYIELD QUALITY FUND III, INC.
		CENTRAL INDEX KEY:			0000883412
		IRS NUMBER:				223165131
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		N-CSR/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-06540
		FILM NUMBER:		171129195

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		800-441-7762

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKROCK MUNIYIELD QUALITY FUND III, INC
		DATE OF NAME CHANGE:	20101109

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKROCK MUNIYIELD INSURED FUND, INC
		DATE OF NAME CHANGE:	20070612

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MUNIYIELD INSURED FUND INC
		DATE OF NAME CHANGE:	19920717
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-CSR/A
<SEQUENCE>1
<FILENAME>d392879dncsra.htm
<DESCRIPTION>BLACKROCK MUNIYIELD QUALITY FUND III, INC.
<TEXT>
Document 1 - file: d392879dncsra.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.CERT
<SEQUENCE>2
<FILENAME>d392879dex99cert.htm
<DESCRIPTION>CERTIFICATION PURSUANT TO SECTION 302
<TEXT>
Document 2 - file: d392879dex99cert.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.906CERT
<SEQUENCE>3
<FILENAME>d392879dex99906cert.htm
<DESCRIPTION>CERTIFICATION PURSUANT TO SECTION 906
<TEXT>
Document 3 - file: d392879dex99906cert.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.PROXY.POL
<SEQUENCE>4
<FILENAME>d392879dex99proxypol.htm
<DESCRIPTION>PROXY VOTING POLICY
<TEXT>
Document 4 - file: d392879dex99proxypol.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.CORP.GOV
<SEQUENCE>5
<FILENAME>d392879dex99corpgov.htm
<DESCRIPTION>GLOBAL CORPORATE GOVERNANCE AND ENGAGEMENT PRINCIPLES
<TEXT>
Document 5 - file: d392879dex99corpgov.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>g400152black3.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 6 - file: g400152black3.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>g400152covv.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 7 - file: g400152covv.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>g400152g1006075917814.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 8 - file: g400152g1006075917814.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>g400152g16z31.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 9 - file: g400152g16z31.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>g400152g32m54.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 10 - file: g400152g32m54.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>11
<FILENAME>g400152g46q71.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 11 - file: g400152g46q71.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>12
<FILENAME>g400152g57q86.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 12 - file: g400152g57q86.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>13
<FILENAME>g400152g87j32.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 13 - file: g400152g87j32.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>14
<FILENAME>g404790g03x32.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 14 - file: g404790g03x32.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>15
<FILENAME>g404790g12k03.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 15 - file: g404790g12k03.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>16
<FILENAME>g404790g26e41.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 16 - file: g404790g26e41.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>17
<FILENAME>g404790g29k39.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 17 - file: g404790g29k39.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>18
<FILENAME>g404790g65b16.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 18 - file: g404790g65b16.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>19
<FILENAME>g404790g74u80.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 19 - file: g404790g74u80.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>20
<FILENAME>g404790g98u13.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 20 - file: g404790g98u13.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>21
<FILENAME>g404790leaf.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 21 - file: g404790leaf.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>22
<FILENAME>g426951photo_01mips.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 22 - file: g426951photo_01mips.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>23
<FILENAME>g426951sig_01mips.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 23 - file: g426951sig_01mips.jpg

</DOCUMENT>
</SEC-DOCUMENT>