-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BLb7ZQdBi9QKXBbkEtfWIoDq60g0dJ2Qw0RGHywRDUYyvV1Dkn8k/DfzSKW7jVeo LSNADWrq0ajQZdnao2DYiw== 0001341004-08-001465.txt : 20080623 0001341004-08-001465.hdr.sgml : 20080623 20080623175126 ACCESSION NUMBER: 0001341004-08-001465 CONFORMED SUBMISSION TYPE: N-23C-2 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080623 FILED AS OF DATE: 20080623 DATE AS OF CHANGE: 20080623 EFFECTIVENESS DATE: 20080623 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BLACKROCK MUNIYIELD QUALITY FUND INC CENTRAL INDEX KEY: 0000890196 IRS NUMBER: 223170744 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: N-23C-2 SEC ACT: 1940 Act SEC FILE NUMBER: 817-00988 FILM NUMBER: 08913010 BUSINESS ADDRESS: STREET 1: 800 SCUDDER MILL ROAD CITY: PLAINSBORO STATE: NJ ZIP: 08536 BUSINESS PHONE: 6092822800 MAIL ADDRESS: STREET 1: P O BOX 9011 CITY: PRINCETON STATE: NJ ZIP: 08543-9011 FORMER COMPANY: FORMER CONFORMED NAME: MUNIYIELD QUALITY FUND INC DATE OF NAME CHANGE: 19920929 N-23C-2 1 nyc774362.htm nyc774362.htm

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
 
RULE 23C-2 NOTICE OF INTENTION TO REDEEM SECURITIES
 
of
 
BlackRock MuniYield Quality Fund, Inc.
100 Bellevue Parkway
Wilmington, DE 19809
(888) 825-2257
 
under the
 
Investment Company Act of 1940
 
Investment Company Act File No. 811-06660
 
________________


1.
Title of the class of securities of BlackRock MuniYield Quality Fund, Inc. (the "Fund") to be redeemed:
 
Auction Market Preferred Stock, liquidation preference $25,000 per share, as identified by series and CUSIP in Annex A hereto (the "Shares").
 
2.
The date on which the securities are to be called or redeemed:
 
See Annex A for the dates on which Shares of each series are to be redeemed (the "Redemption Date").
 
3.
The applicable provisions of the governing instrument pursuant to which the securities are to be called or redeemed:
 
The Shares are to be redeemed pursuant to Section 4(a)(i) of the Fund's Articles Supplementary.
 
4.
The principal amount or number of shares and the basis upon which the securities to be redeemed are to be selected:
 
See Annex A for information concerning the number of Shares of each series and the aggregate principal amount of Shares of each series to be redeemed.  The Depository Trust Company (DTC), holder of record of the Shares, determines by lottery how the redemption will be allocated among each participant broker-dealer account that holds Shares and each participant broker-dealer determines how to allocate each redemption among the holders of the Shares held by it.

 
 
 

SIGNATURE

Pursuant to the requirement of Rule 23c-2 of the Investment Company Act of 1940, the Fund has duly caused this Notice of Intention to Redeem Securities to be signed on its behalf by the undersigned on this 2nd day of June, 2008.

 
BLACKROCK MUNIYIELD QUALITY FUND, INC.
     
     
 
By:
/s/ Neal J. Andrews
  
 
Name:
Neal J. Andrews
 
Title:
Chief Financial Officer


 
 
 

Annex A

Series
CUSIP
Redemption Date
Total
Shares to
be
Redeemed
Aggregate Principal
Amount to be
Redeemed
C
09254F407
7/18/2008
464
$ 11,600,000




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