Is BlackRock MuniYield Quality Fund III, Inc. overvalued?

BlackRock MuniYield Quality Fund III, Inc. (MYI) looks overvalued — trading about 42% above its fair value.

Overvalued

Price

$11.11

Fair value

$6.48

Current P/E

29.6

Normal P/E

17.3

Market cap

$738.1M

Dividend yield

6.9%

Return on equity

-5.3%

Sector

Financial Services

Fair value compares MYI's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 1 Jul 2026.

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