MYI (BLACKROCK MUNIYIELD QUALITY FUND III,) Effective Interest Rate on Debt %: 2,338.17% (As of Jan. 2026)

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MYI BLACKROCK MUNIYIELD QUALITY FUND III, INC. MYI
35 GF Score
Price $11.07
! 4 Warning Signs
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What is BLACKROCK MUNIYIELD QUALITY FUND III, Effective Interest Rate on Debt %?

BLACKROCK MUNIYIELD QUALITY FUND III, MYI +0.73% 35 Effective Interest Rate on Debt % is 2,338.17% as of Jan. 2026. GuruFocus rates MYI with a GF Score™ of 35/100. The stock has 4 warning signs investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. BLACKROCK MUNIYIELD QUALITY FUND III,'s annualized positive value of Interest Expense for the quarter that ended in Jan. 2026 was $18.38 Mil. BLACKROCK MUNIYIELD QUALITY FUND III,'s average total debt for the quarter that ended in Jan. 2026 was $0.79 Mil. Therefore, BLACKROCK MUNIYIELD QUALITY FUND III,'s annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2026 was 2,338.17%.


BLACKROCK MUNIYIELD QUALITY FUND III,  (NYSE:MYI) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


BLACKROCK MUNIYIELD QUALITY FUND III, Effective Interest Rate on Debt % Related Terms


BLACKROCK MUNIYIELD QUALITY FUND III, Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for BLACKROCK MUNIYIELD QUALITY FUND III,'s Effective Interest Rate on Debt % 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.

BLACKROCK MUNIYIELD QUALITY FUND III, Effective Interest Rate on Debt % Chart

BLACKROCK MUNIYIELD QUALITY FUND III, Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 11,110.53 22,930.11 126,240.00

BLACKROCK MUNIYIELD QUALITY FUND III, Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Effective Interest Rate on Debt % Get a 7-Day Free Trial 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 Premium Member Only 12,859.65 137,733.33 927.65 415.30 2,338.17

MYI vs PFLT, NIE, ACGP: Effective Interest Rate on Debt % Comparison

For the Asset Management subindustry, BLACKROCK MUNIYIELD QUALITY FUND III,'s Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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, Effective Interest Rate on Debt % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, BLACKROCK MUNIYIELD QUALITY FUND III,'s Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where BLACKROCK MUNIYIELD QUALITY FUND III,'s Effective Interest Rate on Debt % falls into.


MYI
35GF Score
BLACKROCK MUNIYIELD QUALITY FUND III, INC. MYI
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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BLACKROCK MUNIYIELD QUALITY FUND III, Effective Interest Rate on Debt % Calculation

BLACKROCK MUNIYIELD QUALITY FUND III,'s annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jul. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jul. 2024 )+Total Debt  (A: Jul. 2025 ))/ count )
=-1  *  -18.936/( (0.015+0)/ 1 )
=-1  *  -18.936/0.015
=126,240.00 %

where

BLACKROCK MUNIYIELD QUALITY FUND III,'s annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jul. 2025 )+Total Debt  (Q: Jan. 2026 ))/ count )
=-1  *  -18.378/( (0+0.786)/ 1 )
=-1  *  -18.378/0.786
=2,338.17 %

where

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is two times the semi-annual (Jan. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 2,338.17% mean?
BLACKROCK MUNIYIELD QUALITY FUND III, (MYI) has a Effective Interest Rate on Debt % of 2,338.17% as of Jan. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on BLACKROCK MUNIYIELD QUALITY FUND III, and its competitors.
Is BLACKROCK MUNIYIELD QUALITY FUND III,'s Effective Interest Rate on Debt % too high?
BLACKROCK MUNIYIELD QUALITY FUND III,'s current Effective Interest Rate on Debt % is 2,338.17%. Overall, BLACKROCK MUNIYIELD QUALITY FUND III, has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does BLACKROCK MUNIYIELD QUALITY FUND III,'s Effective Interest Rate on Debt % compare to PFLT and NIE?
BLACKROCK MUNIYIELD QUALITY FUND III,'s Effective Interest Rate on Debt % of 2,338.17% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for an Asset Management company?
A good Effective Interest Rate on Debt % depends on the Asset Management industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on BLACKROCK MUNIYIELD QUALITY FUND III, and its competitors. BLACKROCK MUNIYIELD QUALITY FUND III,'s current Effective Interest Rate on Debt % is 2,338.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BLACKROCK MUNIYIELD QUALITY FUND III, stock overvalued right now?
BLACKROCK MUNIYIELD QUALITY FUND III, (MYI) has a current Effective Interest Rate on Debt % of 2,338.17%. The current Effective Interest Rate on Debt % is 2,338.17%. BLACKROCK MUNIYIELD QUALITY FUND III,'s overall GF Score™ is 35/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For BLACKROCK MUNIYIELD QUALITY FUND III, (MYI), the current Effective Interest Rate on Debt % is 2,338.17% as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

BLACKROCK MUNIYIELD QUALITY FUND III, Business Description

Address 100 Bellevue Parkway, Wilmington, DE, USA, 19809
BLACKROCK MUNIYIELD QUALITY FUND III, INC. is an 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 fund invests a majority of its assets in municipal obligations exempt from U.S. federal income taxes (except that the interest may be subject to the U.S. federal alternative minimum tax). Under normal market conditions, the fund invests mainly in long-term municipal obligations that are investment-grade quality or are considered by the adviser to be of comparable quality at the time of investment. It can also invest directly in such securities or synthetically through the use of derivatives.
35GF Score

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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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