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        <city>Philadelphia</city>
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      <sevenDayNetYield>0.0181</sevenDayNetYield>
      <personPayForFundFlag>Y</personPayForFundFlag>
      <nameOfPersonDescExpensePay>BlackRock Advisors, LLC: Advisor Fee- $928</nameOfPersonDescExpensePay>
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    <scheduleOfPortfolioSecuritiesInfo>
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      <titleOfIssuer>Money Market Master Portfolio 0.000000%</titleOfIssuer>
      <cik>0000915092</cik>
      <investmentCategory>Investment Company</investmentCategory>
      <securityEligibilityFlag>Y</securityEligibilityFlag>
      <investmentMaturityDateWAM>2020-02-03</investmentMaturityDateWAM>
      <investmentMaturityDateWAL>2020-02-03</investmentMaturityDateWAL>
      <finalLegalInvestmentMaturityDate>2020-02-03</finalLegalInvestmentMaturityDate>
      <securityDemandFeatureFlag>N</securityDemandFeatureFlag>
      <securityGuaranteeFlag>N</securityGuaranteeFlag>
      <securityEnhancementsFlag>N</securityEnhancementsFlag>
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      <securityCategorizedAtLevel3Flag>N</securityCategorizedAtLevel3Flag>
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    </scheduleOfPortfolioSecuritiesInfo>
    <signature>
      <registrant>BlackRock Funds III</registrant>
      <signatureDate>2020-02-07</signatureDate>
      <signature>/s/ Neal J. Andrews</signature>
      <nameOfSigningOfficer>Neal J. Andrews</nameOfSigningOfficer>
      <titleOfSigningOfficer>Chief Financial Officer</titleOfSigningOfficer>
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