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BLACKROCK MUNIYIELD QUALITY FUND III, (BLACKROCK MUNIYIELD QUALITY FUND III,) Total Assets

: $1,337.88 Mil (As of Jan. 2024)
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BLACKROCK MUNIYIELD QUALITY FUND III,'s Total Assets for the quarter that ended in Jan. 2024 was $1,337.88 Mil.

During the past 12 months, BLACKROCK MUNIYIELD QUALITY FUND III,'s average Total Assets Growth Rate was -7.50% per year. During the past 3 years, the average Total Assets Growth Rate was -5.30% per year. During the past 5 years, the average Total Assets Growth Rate was -2.70% per year.

During the past 7 years, BLACKROCK MUNIYIELD QUALITY FUND III,'s highest 3-Year average Total Assets Growth Rate was 1.60%. The lowest was -5.30%. And the median was -1.20%.

Total Assets is connected with ROA %. BLACKROCK MUNIYIELD QUALITY FUND III,'s annualized ROA % for the quarter that ended in Jan. 2024 was 4.00%. Total Assets is also linked to Revenue through Asset Turnover. BLACKROCK MUNIYIELD QUALITY FUND III,'s Asset Turnover for the quarter that ended in Jan. 2024 was 0.02.


BLACKROCK MUNIYIELD QUALITY FUND III, Total Assets Historical Data

The historical data trend for BLACKROCK MUNIYIELD QUALITY FUND III,'s Total Assets 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, Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Total Assets
Premium Member Only Premium Member Only 1,626.14 1,619.58 1,667.11 1,493.04 1,375.49

BLACKROCK MUNIYIELD QUALITY FUND III, Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Total Assets Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,601.42 1,493.04 1,447.05 1,375.49 1,337.88

BLACKROCK MUNIYIELD QUALITY FUND III, Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

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

Total Assets=Total Equity (A: Jul. 2023 )+Total Liabilities (A: Jul. 2023 )
=844.604+530.885
=1,375.49

BLACKROCK MUNIYIELD QUALITY FUND III,'s Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets=Total Equity (Q: Jan. 2024 )+Total Liabilities (Q: Jan. 2024 )
=842.98+494.898
=1,337.88

* 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,  (NYSE:MYI) Total Assets Explanation

Total Assets is connected with ROA %.

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

ROA %=Net Income (Q: Jan. 2024 )/( (Total Assets (Q: Jul. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=54.25/( (1375.489+1337.878)/ 2 )
=54.25/1356.6835
=4.00 %

Note: The Net Income data used here is two times the semi-annual (Jan. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

BLACKROCK MUNIYIELD QUALITY FUND III,'s Asset Turnover for the quarter that ended in Jan. 2024 is

Asset Turnover
=Revenue (Q: Jan. 2024 )/( (Total Assets (Q: Jul. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=27.43/( (1375.489+1337.878)/ 2 )
=27.43/1356.6835
=0.02

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

BLACKROCK MUNIYIELD QUALITY FUND III, Total Assets 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