BLACKROCK MUNIYIELD QUALITY FUND, INC. — Director's Dealing 2021

Apr 7, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: BLACKROCK MUNIYIELD QUALITY FUND, INC. (MQY)
CIK: 0000890196
Period of Report: 2021-03-30

Reporting Person: WELLS FARGO & COMPANY/MN (10% Owner)
Reporting Person: WELLS FARGO BANK N A (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Variable Rate Demand Preferred Shares	1766	Indirect

Footnotes

F1: The 1,766 variable rate demand preferred shares ("VRDP Shares") reported as acquired in Table I represent VRDP Shares of BlackRock MuniYield Quality Fund, Inc. (the "Issuer") beneficially owned by Wells Fargo Bank, N.A. ("WFBNA"). The VRDP Shares were acquired as a result of a purchase of the VRDP Shares in an open market transaction for a purchase price of $100,074.657537 per share (representing $100,000.00 per share liquidation preference and accrued dividends of $74.657537 per share). WFBNA is a wholly owned subsidiary of Wells Fargo & Company ("Wells Fargo").

F2: This statement is jointly filed by Wells Fargo and WFBNA. Wells Fargo holds an indirect interest in the VRDP Shares listed in Table I by virtue of its indirect ownership of its subsidiary WFBNA.

F3: Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) of the US Securities Exchange Act of 1934 or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate, or other group for the purpose of acquiring, holding or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer.