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BLACKROCK MUNIYIELD QUALITY FUND III, (BLACKROCK MUNIYIELD QUALITY FUND III,) FCF Yield % : 15.12 (As of May. 16, 2024)


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What is BLACKROCK MUNIYIELD QUALITY FUND III, FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, BLACKROCK MUNIYIELD QUALITY FUND III,'s Trailing 12-Month Free Cash Flow is $112.13 Mil, and Market Cap is $741.77 Mil. Therefore, BLACKROCK MUNIYIELD QUALITY FUND III,'s FCF Yield % for today is 15.12%.

The historical rank and industry rank for BLACKROCK MUNIYIELD QUALITY FUND III,'s FCF Yield % or its related term are showing as below:

MYI' s FCF Yield % Range Over the Past 10 Years
Min: 3.59   Med: 5.2   Max: 18.32
Current: 15.12


During the past 7 years, the highest FCF Yield % of BLACKROCK MUNIYIELD QUALITY FUND III, was 18.32%. The lowest was 3.59%. And the median was 5.20%.

MYI's FCF Yield % is ranked better than
84.37% of 1593 companies
in the Asset Management industry
Industry Median: 3 vs MYI: 15.12

BLACKROCK MUNIYIELD QUALITY FUND III,'s FCF Margin % for the quarter that ended in Jan. 2024 was 224.21%.


BLACKROCK MUNIYIELD QUALITY FUND III, FCF Yield % Historical Data

The historical data trend for BLACKROCK MUNIYIELD QUALITY FUND III,'s FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BLACKROCK MUNIYIELD QUALITY FUND III, FCF Yield % Chart

BLACKROCK MUNIYIELD QUALITY FUND III, Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
FCF Yield %
Get a 7-Day Free Trial 6.25 5.17 3.61 4.69 15.47

BLACKROCK MUNIYIELD QUALITY FUND III, Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.47 4.45 16.72 13.48 16.41

Competitive Comparison of BLACKROCK MUNIYIELD QUALITY FUND III,'s FCF Yield %

For the Asset Management subindustry, BLACKROCK MUNIYIELD QUALITY FUND III,'s FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BLACKROCK MUNIYIELD QUALITY FUND III,'s FCF Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BLACKROCK MUNIYIELD QUALITY FUND III,'s FCF Yield % distribution charts can be found below:

* The bar in red indicates where BLACKROCK MUNIYIELD QUALITY FUND III,'s FCF Yield % falls into.



BLACKROCK MUNIYIELD QUALITY FUND III, FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

BLACKROCK MUNIYIELD QUALITY FUND III,'s FCF Yield % for the fiscal year that ended in Jul. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=116.269 / 751.339554
=15.47%

BLACKROCK MUNIYIELD QUALITY FUND III,'s annualized FCF Yield % for the quarter that ended in Jan. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=61.502 * 2 / 749.750016
=16.41%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


BLACKROCK MUNIYIELD QUALITY FUND III, FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


BLACKROCK MUNIYIELD QUALITY FUND III, FCF Yield % Related Terms

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BLACKROCK MUNIYIELD QUALITY FUND III, (BLACKROCK MUNIYIELD QUALITY FUND III,) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BLACKROCK MUNIYIELD QUALITY FUND III, INC. is a diversified, closed-ended investment management company. Its investment objective is to provide shareholders with a high level of current income exempt from U.S. federal income taxes as is consistent with its investment policies and prudent investment management. The company invests in various sectors such as Transportation; Utilities; Health; Education; Tobacco and others.
Executives
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Kristi Manidis Santiago other: Portfolio Manager 1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Kevin Maloney other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Walter Oconnor other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Td Securities (usa) Llc 10 percent owner ONE VANDERBILT AVENUE, NEW YORK NY 10017
Td Group Us Holdings Llc 10 percent owner 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Dominion Bank Toronto 10 percent owner 66 WELLINGTON STREET WEST, 12TH FLOOR, TD TOWER, TORONTO, ONTARIO A6 M5K 1A2
Toronto Dominion Holdings Usa Inc 10 percent owner 40 WALL STREET, NEW YORK NY 10003
Michael Kalinoski other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660