BLACKROCK MUNIYIELD QUALITY FUND, INC. — Director's Dealing 2012

Feb 29, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BLACKROCK MUNIYIELD QUALITY FUND INC (MQY)
CIK: 0000890196
Period of Report: 2012-02-27

Reporting Person: MORGAN STANLEY (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-27	Variable Rate Demand Preferred	P	264	$100000	Disposed	834	Indirect

Footnotes

F1: The reported securities were purchased by a wholly-owned subsidiary of the reporting person in its capacity as remarketing agent at a price equal to their liquidation preference ($100,000 per share).