UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM N-Q

 

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

 

Investment Company Act file number 811-06660

 

Name of Fund: BlackRock MuniYield Quality Fund, Inc. (MQY)

 

Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809

 

Name and address of agent for service: John M. Perlowski, Chief Executive Officer, BlackRock MuniYield Quality Fund, Inc., 55 East 52nd Street, New York, NY 10055

 

Registrant’s telephone number, including area code: (800) 882-0052, Option 4

 

Date of fiscal year end: 04/30/2012

 

Date of reporting period: 01/31/2012

 

Item 1 – Schedule of Investments

 

 

 

 

 

Schedule of Investments January 31, 2012 (Unaudited)

BlackRock MuniYield Quality Fund, Inc. (MQY)

(Percentages shown are based on Net Assets)

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

Alabama — 2.0%

 

 

 

 

 

 

 

County of Jefferson Alabama, RB,
Series A, 4.75%, 1/01/25

 

$

3,000

 

$

2,646,600

 

University of Alabama, RB, Series A
(NPFGC), 5.00%, 7/01/34

 

 

7,125

 

 

7,405,654

 

 

 

 

 

 

 

10,052,254

 

Alaska — 1.5%

 

 

 

 

 

 

 

Alaska Housing Finance Corp., RB,
General Housing, Series B (NPFGC),
5.25%, 12/01/30

 

 

600

 

 

622,014

 

Alaska Industrial Development & Export
Authority, RB, Providence Health
Services, Series A, 5.50%, 10/01/41

 

 

1,400

 

 

1,576,484

 

Borough of Matanuska-Susitna Alaska,
RB, Goose Creek Correctional Center
(AGC), 6.00%, 9/01/32

 

 

4,425

 

 

5,214,155

 

 

 

 

 

 

 

7,412,653

 

Arizona — 0.8%

 

 

 

 

 

 

 

Greater Arizona Development Authority,
RB, Series B (NPFGC), 5.00%,
8/01/35

 

 

1,600

 

 

1,686,608

 

State of Arizona, COP, Department of
Administration, Series A (AGM):

 

 

 

 

 

 

 

5.00%, 10/01/27

 

 

1,850

 

 

2,098,547

 

5.25%, 10/01/28

 

 

250

 

 

286,233

 

 

 

 

 

 

 

4,071,388

 

California — 15.6%

 

 

 

 

 

 

 

Alameda Corridor Transportation
Authority, Refunding RB, CAB,
Subordinate Lien, Series A (AMBAC),
5.45%, 10/01/25 (a)

 

 

4,150

 

 

4,078,371

 

Cabrillo Community College District, GO,
CAB, Election of 2004, Series B
(NPFGC) (b):

 

 

 

 

 

 

 

5.18%, 8/01/37

 

 

3,250

 

 

809,673

 

4.87%, 8/01/38

 

 

7,405

 

 

1,734,843

 

California Health Facilities Financing
Authority, Refunding RB:

 

 

 

 

 

 

 

St. Joseph Health System,
Series A, 5.75%, 7/01/39

 

 

775

 

 

849,811

 

Sutter Health, Series B,
5.88%, 8/15/31

 

 

1,500

 

 

1,776,780

 

California State University, RB,
Systemwide, Series A (NPFGC),
5.00%, 11/01/35

 

 

1,680

 

 

1,749,031

 

Carlsbad Unified School District, GO,
Election of 2006, Series B, 6.00%,
5/01/34 (a)

 

 

5,000

 

 

3,727,900

 

City of San Jose California, RB, Series A-1,
AMT, 5.75%, 3/01/34

 

 

1,150

 

 

1,270,612

 

City of San Jose California, Refunding
RB, Series A, AMT (AMBAC), 5.50%,
3/01/32

 

 

5,100

 

 

5,398,044

 

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

California (continued)

 

 

 

 

 

 

 

Coast Community College District
California, GO, Refunding, CAB,
Election of 2002, Series C (AGM),
5.00%, 8/01/31 (a)

 

$

2,800

 

$

2,756,992

 

El Monte Union High School District
California, GO, Election of 2002,
Series C (AGM), 5.25%, 6/01/28

 

 

6,110

 

 

6,941,876

 

Grossmont-Cuyamaca Community
College District California, GO,
Refunding, CAB, Election of 2002,
Series C (AGC), 5.80%, 8/01/30 (b)

 

 

10,030

 

 

4,073,885

 

Hartnell Community College District
California, GO, CAB, Election of 2002,
Series D, 7.00%, 8/01/34 (a)

 

 

4,125

 

 

2,745,435

 

Los Angeles Community College District
California, GO, Election of 2001,
Series A (NPFGC), 5.00%, 8/01/32

 

 

770

 

 

842,234

 

Metropolitan Water District of Southern
California, RB, Series B-1 (NPFGC):

 

 

 

 

 

 

 

5.00%, 10/01/29

 

 

3,465

 

 

3,666,351

 

5.00%, 10/01/36

 

 

2,035

 

 

2,144,605

 

Mount Diablo Unified School District
California, GO, Election of 2002
(NPFGC), 5.00%, 7/01/27

 

 

525

 

 

547,974

 

Orange County Sanitation District, COP,
Series B (AGM):

 

 

 

 

 

 

 

5.00%, 2/01/30

 

 

3,500

 

 

3,875,900

 

5.00%, 2/01/31

 

 

1,200

 

 

1,322,376

 

Poway Unified School District, GO, CAB,
School Facilities Improvement,
Election of 2007-1, 6.27%,
8/01/36 (b)

 

 

5,000

 

 

1,418,100

 

San Bernardino Community College
District California, GO, CAB, Election of
2008, Series B, 6.42%, 8/01/34 (a)

 

 

10,000

 

 

7,570,600

 

San Diego County Water Authority, COP,
Refunding, Series 2008-A (AGM),
5.00%, 5/01/38

 

 

3,000

 

 

3,231,300

 

San Diego Unified School District
California, GO, CAB, Election of 2008,
Series C, 6.84%, 7/01/38 (b)

 

 

2,200

 

 

571,252

 

San Joaquin County Transportation
Authority, RB, Limited Tax, Measure K,
Series A, 6.00%, 3/01/36

 

 

900

 

 

1,080,738

 

San Jose Unified School District Santa
Clara County California, GO, Election
of 2002, Series B (NPFGC), 5.00%,
8/01/29

 

 

2,825

 

 

3,041,593

 

San Marcos Unified School District, GO,
Election of 2010, Series A:

 

 

 

 

 

 

 

5.00%, 8/01/34

 

 

900

 

 

999,090

 

5.00%, 8/01/38

 

 

760

 

 

833,431

 

State of California, GO:

 

 

 

 

 

 

 

5.13%, 6/01/27

 

 

30

 

 

30,069

 

5.50%, 4/01/28

 

 

5

 

 

5,337

 

 

 

 

 

 

 

 

 

 

BLACKROCK MUNIYIELD QUALITY FUND, INC.

JANUARY 31, 2012

1


 

 

 

 

Schedule of Investments (continued)

BlackRock MuniYield Quality Fund, Inc. (MQY)

(Percentages shown are based on Net Assets)

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

California (concluded)

 

 

 

 

 

 

 

Tamalpais Union High School District
California, GO, Election of 2001
(AGM), 5.00%, 8/01/13 (c)

 

$

1,950

 

$

2,087,768

 

Ventura County Community College
District, GO, Election of 2002, Series B
(NPFGC), 5.00%, 8/01/30

 

 

1,825

 

 

2,017,665

 

Yosemite Community College District,
GO, CAB, Election of 2004, Series D,
6.55%, 8/01/36 (b)

 

 

15,000

 

 

4,234,050

 

 

 

 

 

 

 

77,433,686

 

Colorado — 1.4%

 

 

 

 

 

 

 

Colorado Health Facilities Authority, RB,
Covenant Retirement Communities,
Series A (Radian), 5.50%, 12/01/27

 

 

1,600

 

 

1,617,024

 

E-470 Public Highway Authority Colorado,
Refunding RB, CAB, Series B (NPFGC),
5.63%, 9/01/29 (b)

 

 

9,000

 

 

3,188,160

 

Regional Transportation District, COP,
Series A, 5.38%, 6/01/31

 

 

1,885

 

 

2,122,510

 

 

 

 

 

 

 

6,927,694

 

Florida — 11.3%

 

 

 

 

 

 

 

County of Duval Florida, COP, Master
Lease Program (AGM), 5.00%,
7/01/33

 

 

6,750

 

 

7,173,562

 

County of Lee Florida, Refunding ARB,
Series A, AMT:

 

 

 

 

 

 

 

5.63%, 10/01/26

 

 

1,280

 

 

1,421,376

 

5.38%, 10/01/32

 

 

1,700

 

 

1,836,204

 

County of Miami-Dade Florida, GO,
Building Better Communities Program,
Series B, 6.38%, 7/01/28

 

 

3,300

 

 

4,003,956

 

County of Miami-Dade Florida, RB:

 

 

 

 

 

 

 

Series A, 5.50%, 10/01/36

 

 

6,490

 

 

7,194,749

 

Water and Sewer System (AGM),
5.00%, 10/01/39

 

 

4,000

 

 

4,354,480

 

County of Miami-Dade Florida,
Refunding RB, AMT (AGC), 5.00%,
10/01/40

 

 

8,200

 

 

8,402,540

 

Florida Ports Financing Commission,
Refunding RB, State Transportation
Trust Fund, Series B, AMT:

 

 

 

 

 

 

 

5.13%, 6/01/27

 

 

1,395

 

 

1,588,403

 

5.38%, 10/01/29

 

 

1,900

 

 

2,163,188

 

Florida State Department of
Environmental Protection, RB,
Series B (NPFGC), 5.00%, 7/01/27

 

 

1,350

 

 

1,508,450

 

Highlands County Health Facilities
Authority, RB, Adventist Health
System/Sunbelt, Series B, 6.00%,
11/15/36 (d)

 

 

1,250

 

 

1,430,200

 

Hillsborough County Aviation Authority
Florida, RB, Series A, AMT (AGC),
5.38%, 10/01/33

 

 

2,700

 

 

2,877,795

 

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

Florida (concluded)

 

 

 

 

 

 

 

Orange County School Board, COP,
Series A:

 

 

 

 

 

 

 

(AGC), 5.50%, 8/01/34

 

$

3,550

 

$

3,952,889

 

(NPFGC), 5.00%, 8/01/31

 

 

5,000

 

 

5,299,100

 

Sarasota County Public Hospital District,
RB, Sarasota Memorial Hospital
Project, Series A, 5.63%, 7/01/39

 

 

375

 

 

401,093

 

South Florida Water Management
District, COP:

 

 

 

 

 

 

 

(AGC), 5.00%, 10/01/22

 

 

700

 

 

782,103

 

(AMBAC), 5.00%, 10/01/36

 

 

1,500

 

 

1,580,175

 

 

 

 

 

 

 

55,970,263

 

Georgia — 0.9%

 

 

 

 

 

 

 

Burke County Development Authority,
RB, Oglethorpe Power, Vogtle Project,
Series C, 5.70%, 1/01/43

 

 

3,150

 

 

3,390,345

 

Gwinnett County Hospital Authority,
Refunding RB, Gwinnett Hospital
System, Series D (AGM), 5.50%,
7/01/41

 

 

1,125

 

 

1,230,075

 

 

 

 

 

 

 

4,620,420

 

Illinois — 20.2%

 

 

 

 

 

 

 

City of Chicago Illinois, ARB, General,
Third Lien, Series B-2, AMT:

 

 

 

 

 

 

 

(AGM), 5.75%, 1/01/23

 

 

3,400

 

 

3,598,254

 

(AGM), 5.75%, 1/01/24

 

 

4,000

 

 

4,220,920

 

(Syncora), 6.00%, 1/01/29

 

 

3,300

 

 

3,515,391

 

City of Chicago Illinois, Board of
Education, GO, Refunding, Chicago
School Reform Board, Series A
(NPFGC), 5.50%, 12/01/26

 

 

2,000

 

 

2,437,300

 

City of Chicago Illinois, Board of
Education, GO, Series A, 5.50%,
12/01/39

 

 

3,180

 

 

3,603,194

 

City of Chicago Illinois, GO, CAB, City
Colleges (NPFGC), 5.19%, 1/01/31 (b)

 

 

13,000

 

 

5,193,240

 

City of Chicago Illinois, Park District, GO,
Harbor Facilities, Series C, 5.25%,
1/01/40

 

 

750

 

 

827,400

 

City of Chicago Illinois, RB, Series A:

 

 

 

 

 

 

 

(AGC), 5.00%, 1/01/38

 

 

4,000

 

 

4,202,320

 

O’Hare International Airport,
General, Third Lien, 5.75%,
1/01/39

 

 

5,500

 

 

6,277,700

 

Waterworks Revenue, Second Lien
(AMBAC), 5.00%, 11/01/36

 

 

1,500

 

 

1,551,750

 

City of Chicago Illinois, Refunding ARB,
General, Third Lien, Series A-2, AMT
(AGM), 5.75%, 1/01/21

 

 

2,665

 

 

2,835,853

 

City of Chicago Illinois, Refunding GARB,
Third Lien, Series A, AMT (NPFGC):

 

 

 

 

 

 

 

5.75%, 1/01/21

 

 

5,500

 

 

5,516,775

 

5.38%, 1/01/32

 

 

5,000

 

 

5,006,300

 

 

 

 

 

 

 

 

 

 

BLACKROCK MUNIYIELD QUALITY FUND, INC.

JANUARY 31, 2012

2


 

 

 

 

Schedule of Investments (continued)

BlackRock MuniYield Quality Fund, Inc. (MQY)

(Percentages shown are based on Net Assets)

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

Illinois (concluded)

 

 

 

 

 

 

 

City of Chicago Illinois Transit Authority,
RB, Sales Tax Receipts, 5.25%,
12/01/36

 

$

840

 

$

939,120

 

County of Cook Illinois, GO, Capital
Improvement, Series C (AMBAC),
5.50%, 11/15/12 (c)

 

 

5,080

 

 

5,291,684

 

Illinois Finance Authority, RB, Carle
Foundation, Series A, 5.75%,
8/15/34

 

 

850

 

 

915,246

 

Illinois HDA, RB, Housing Bonds, Liberty
Arms Senior Apartments, Series D,
AMT (AMBAC), 4.88%, 7/01/47

 

 

2,800

 

 

2,774,212

 

Illinois Sports Facilities Authority, RB,
State Tax Supported (AMBAC), 5.50%,
6/15/30

 

 

26,525

 

 

29,053,098

 

Metropolitan Pier & Exposition Authority,
RB, CAB, McCormick Place Expansion
Project, Series A (NPFGC), 5.82%,
6/15/30 (b)

 

 

15,000

 

 

6,400,200

 

Metropolitan Pier & Exposition Authority,
Refunding RB, CAB, McCormick Place
Expansion Project, Series B (AGM),
6.25%, 6/15/44 (b)

 

 

4,625

 

 

798,552

 

Railsplitter Tobacco Settlement
Authority, RB, 6.00%, 6/01/28

 

 

900

 

 

1,009,188

 

Regional Transportation Authority, RB,
Series B (NPFGC), 5.75%, 6/01/33

 

 

3,200

 

 

4,084,416

 

 

 

 

 

 

 

100,052,113

 

Indiana — 1.5%

 

 

 

 

 

 

 

Indiana Finance Authority, RB,
Wastewater Utility, First Lien, CWA
Authority, Series A, 5.25%, 10/01/38

 

 

1,400

 

 

1,565,284

 

Indiana Municipal Power Agency, RB:

 

 

 

 

 

 

 

Series A (NPFGC), 5.00%, 1/01/37

 

 

1,150

 

 

1,216,079

 

Series B, 5.75%, 1/01/34

 

 

550

 

 

588,153

 

Indianapolis Local Public Improvement
Bond Bank, Refunding RB,
Waterworks Project, Series A:

 

 

 

 

 

 

 

5.75%, 1/01/38

 

 

1,300

 

 

1,468,051

 

(AGC), 5.25%, 1/01/29

 

 

2,350

 

 

2,657,615

 

 

 

 

 

 

 

7,495,182

 

Iowa — 3.5%

 

 

 

 

 

 

 

Iowa Finance Authority, RB, Series A
(AGC), 5.63%, 8/15/37

 

 

7,700

 

 

8,491,483

 

Iowa Student Loan Liquidity Corp., RB,
Senior, Series A-2, AMT:

 

 

 

 

 

 

 

5.60%, 12/01/26

 

 

2,360

 

 

2,527,466

 

5.70%, 12/01/27

 

 

2,360

 

 

2,507,642

 

5.80%, 12/01/29

 

 

1,595

 

 

1,685,420

 

5.85%, 12/01/30

 

 

2,150

 

 

2,266,508

 

 

 

 

 

 

 

17,478,519

 

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

Louisiana — 0.8%

 

 

 

 

 

 

 

Jefferson Parish Hospital Service District
No. 1, Refunding RB, Jefferson
Medical Center, Series A, 6.00%,
1/01/39

 

$

900

 

$

1,001,016

 

Louisiana Public Facilities Authority,
Refunding RB, Christus Health,
Series B (AGC), 6.50%, 7/01/30

 

 

1,800

 

 

2,125,476

 

Parish of Saint John the Baptist
Louisiana, RB, Marathon Oil Corp.,
Series A, 5.13%, 6/01/37

 

 

1,000

 

 

1,013,850

 

 

 

 

 

 

 

4,140,342

 

Massachusetts — 2.7%

 

 

 

 

 

 

 

Massachusetts HFA, RB, AMT:

 

 

 

 

 

 

 

Rental Mortgage, Series C (AGM),
5.60%, 1/01/45

 

 

4,000

 

 

4,012,880

 

S/F, Series 124, 5.00%,
12/01/31

 

 

2,770

 

 

2,816,148

 

Massachusetts HFA, Refunding RB,
Series C, AMT:

 

 

 

 

 

 

 

5.00%, 12/01/30

 

 

3,000

 

 

3,069,600

 

5.35%, 12/01/42

 

 

1,525

 

 

1,603,004

 

Massachusetts Water Resources
Authority, Refunding RB, General,
Series A (NPFGC), 5.00%, 8/01/34

 

 

1,800

 

 

1,971,720

 

 

 

 

 

 

 

13,473,352

 

Michigan — 10.7%

 

 

 

 

 

 

 

City of Detroit Michigan, Refunding RB:

 

 

 

 

 

 

 

Second Lien, Series E (BHAC),
5.75%, 7/01/31

 

 

8,300

 

 

9,446,479

 

Series D (NPFGC), 5.00%, 7/01/28

 

 

3,500

 

 

3,603,145

 

Series D (NPFGC), 5.00%, 7/01/33

 

 

1,000

 

 

1,021,800

 

Kalamazoo Hospital Finance Authority,
RB, Bronson Methodist Hospital
(AGM), 5.25%, 5/15/36

 

 

575

 

 

623,559

 

Lansing Board of Water & Light Utilities
System, RB, Series A, 5.50%,
7/01/41

 

 

2,500

 

 

2,902,450

 

Michigan Higher Education Student
Loan Authority, Refunding RB, Student
Loan, Series XVII-G, AMT (AMBAC),
5.20%, 9/01/20

 

 

2,140

 

 

2,159,239

 

Michigan State Building Authority,
Refunding RB, Facilities Program:

 

 

 

 

 

 

 

Series I-A, 5.38%, 10/15/36

 

 

1,200

 

 

1,354,740

 

Series I-A, 5.38%, 10/15/41

 

 

1,000

 

 

1,125,490

 

Series II-A (AGM), 5.25%, 10/15/36

 

 

4,270

 

 

4,790,513

 

Michigan State Finance Authority,
Refunding RB, Trinity Health, 5.00%,
12/01/39

 

 

8,100

 

 

8,590,374

 

Michigan State HDA, RB, Series C, AMT,
5.50%, 12/01/28

 

 

1,455

 

 

1,527,226

 

 

 

 

 

 

 

 

 

 

BLACKROCK MUNIYIELD QUALITY FUND, INC.

JANUARY 31, 2012

3


 

 

 

Schedule of Investments (continued)

BlackRock MuniYield Quality Fund, Inc. (MQY)

(Percentages shown are based on Net Assets)

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

Michigan (concluded)

 

 

 

 

 

 

 

Michigan Strategic Fund, Refunding RB,
Detroit Edison Co. Project, AMT
(Syncora):

 

 

 

 

 

 

 

Series A, 5.50%, 6/01/30

 

$

1,700

 

$

1,728,883

 

Series C, 5.45%, 12/15/32

 

 

5,800

 

 

5,842,340

 

Royal Oak Hospital Finance Authority
Michigan, Refunding RB, William
Beaumont Hospital, 8.25%, 9/01/39

 

 

3,510

 

 

4,340,536

 

State of Michigan, RB, GAN (AGM),
5.25%, 9/15/26

 

 

3,350

 

 

3,754,110

 

 

 

 

 

 

 

52,810,884

 

Minnesota — 0.7%

 

 

 

 

 

 

 

City of Minneapolis Minnesota,
Refunding RB, Series B (AGC), 6.50%,
11/15/38

 

 

2,700

 

 

3,187,296

 

Nevada — 3.2%

 

 

 

 

 

 

 

City of Carson City Nevada, RB, Carson-
Tahoe Hospital Project, Series A
(Radian), 5.50%, 9/01/33

 

 

2,900

 

 

2,981,983

 

City of Las Vegas Nevada, GO, Limited
Tax, Performing Arts Center, 6.00%,
4/01/34

 

 

1,150

 

 

1,341,877

 

County of Clark Nevada, RB,
Subordinate Lien, Series A-2 (NPFGC):

 

 

 

 

 

 

 

5.00%, 7/01/30

 

 

2,000

 

 

2,074,520

 

5.00%, 7/01/36

 

 

9,350

 

 

9,595,531

 

 

 

 

 

 

 

15,993,911

 

New Jersey — 4.9%

 

 

 

 

 

 

 

New Jersey EDA, RB:

 

 

 

 

 

 

 

Cigarette Tax (Radian), 5.50%,
6/15/31

 

 

1,285

 

 

1,331,980

 

Motor Vehicle Surcharge, Series A
(NPFGC), 5.25%, 7/01/31

 

 

12,375

 

 

13,276,519

 

New Jersey Higher Education Student
Assistance Authority, RB,
Series 1, AMT:

 

 

 

 

 

 

 

5.50%, 12/01/25

 

 

800

 

 

883,096

 

5.75%, 12/01/27

 

 

375

 

 

414,780

 

5.75%, 12/01/28

 

 

400

 

 

441,692

 

5.88%, 12/01/33

 

 

1,980

 

 

2,187,642

 

New Jersey Transportation Trust Fund
Authority, RB, Transportation System:

 

 

 

 

 

 

 

Series A (NPFGC), 5.75%, 6/15/25

 

 

2,000

 

 

2,608,560

 

Series B, 5.25%, 6/15/36

 

 

2,585

 

 

2,908,513

 

 

 

 

 

 

 

24,052,782

 

New York — 1.4%

 

 

 

 

 

 

 

Hudson New York Yards Infrastructure
Corp., RB, Series A, 5.75%, 2/15/47

 

 

1,000

 

 

1,130,010

 

New York HFA, RB, Affordable Housing,
Series B, 5.30%, 11/01/37

 

 

3,350

 

 

3,465,341

 

New York State Dormitory Authority,
ERB, Series B, 5.75%, 3/15/36

 

 

2,000

 

 

2,358,700

 

 

 

 

 

 

 

6,954,051

 

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

Ohio — 0.5%

 

 

 

 

 

 

 

County of Lucas Ohio, Refunding RB,
Promedica Healthcare, Series A,
6.50%, 11/15/37

 

$

725

 

$

883,717

 

Ohio Higher Educational Facility
Commission, Refunding RB, Summa
Health System, 2010 Project (AGC),
5.25%, 11/15/40

 

 

1,400

 

 

1,494,136

 

 

 

 

 

 

 

2,377,853

 

Pennsylvania — 2.0%

 

 

 

 

 

 

 

Pennsylvania HFA, Refunding RB, S/F,
Series 99A, AMT, 5.25%, 10/01/32

 

 

2,000

 

 

2,059,840

 

Pennsylvania Turnpike Commission, RB,
Subordinate, Special Motor License
Fund:

 

 

 

 

 

 

 

6.00%, 12/01/36

 

 

775

 

 

938,796

 

5.50%, 12/01/41

 

 

6,000

 

 

6,909,660

 

 

 

 

 

 

 

9,908,296

 

Puerto Rico — 4.0%

 

 

 

 

 

 

 

Puerto Rico Sales Tax Financing Corp.,
RB:

 

 

 

 

 

 

 

First Sub-Series A, 6.38%,
8/01/39

 

 

4,700

 

 

5,486,733

 

First Sub-Series A, 6.00%,
8/01/42

 

 

5,000

 

 

5,656,300

 

First Sub-Series C, 5.50%,
8/01/40

 

 

1,630

 

 

1,797,303

 

Puerto Rico Sales Tax Financing Corp.,
Refunding RB:

 

 

 

 

 

 

 

CAB, Series A (NPFGC), 5.71%,
8/01/41 (b)

 

 

28,000

 

 

5,585,160

 

First Sub-Series C, 6.00%,
8/01/39

 

 

1,050

 

 

1,203,321

 

 

 

 

 

 

 

19,728,817

 

South Carolina — 0.6%

 

 

 

 

 

 

 

South Carolina Jobs-EDA, Refunding RB,
Palmetto Health, Series A (AGM),
6.50%, 8/01/39

 

 

320

 

 

372,531

 

South Carolina Transportation
Infrastructure Bank, RB, Series A,
5.25%, 10/01/40

 

 

2,500

 

 

2,752,975

 

 

 

 

 

 

 

3,125,506

 

Tennessee — 0.8%

 

 

 

 

 

 

 

Memphis Center City Revenue Finance
Corp., RB, Subordinate, Pyramid &
Pinch District, Series B (AGM), 5.25%,
11/01/30

 

 

3,520

 

 

4,000,022

 

Texas — 9.9%

 

 

 

 

 

 

 

Bell County Health Facility Development
Corp. Texas, RB, Lutheran General
Health Care System, 6.50%,
7/01/19 (e)

 

 

1,000

 

 

1,268,410

 

 

 

 

 

 

 

 

 

 

BLACKROCK MUNIYIELD QUALITY FUND, INC.

JANUARY 31, 2012

4


 

 

 

 

Schedule of Investments (continued)

BlackRock MuniYield Quality Fund, Inc. (MQY)

(Percentages shown are based on Net Assets)

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

Texas (concluded)

 

 

 

 

 

 

 

City of Houston Texas, Refunding RB,
Combined, First Lien, Series A (AGC),
6.00%, 11/15/35

 

$

2,850

 

$

3,434,877

 

Comal ISD, GO, School Building (PSF-
GTD), 5.00%, 2/01/36

 

 

2,500

 

 

2,768,350

 

Dallas-Fort Worth International Airport
Facilities Improvement Corp.,
Refunding RB, Joint Series A, AMT
(NPFGC):

 

 

 

 

 

 

 

5.88%, 11/01/17

 

 

1,125

 

 

1,129,129

 

5.88%, 11/01/18

 

 

1,315

 

 

1,319,826

 

5.88%, 11/01/19

 

 

1,465

 

 

1,469,732

 

Lone Star College System, GO, 5.00%,
8/15/33

 

 

4,800

 

 

5,420,832

 

Mansfield ISD Texas, GO, School
Building (PSF-GTD), 5.00%, 2/15/33

 

 

2,300

 

 

2,574,091

 

North Texas Tollway Authority,
Refunding RB, First Tier:

 

 

 

 

 

 

 

Series A, 6.00%, 1/01/28

 

 

3,380

 

 

3,946,961

 

System (NPFGC), 5.75%, 1/01/40

 

 

12,300

 

 

13,342,794

 

Texas State Turnpike Authority, RB, First
Tier, Series A (AMBAC):

 

 

 

 

 

 

 

5.75%, 8/15/38

 

 

7,200

 

 

7,334,136

 

5.00%, 8/15/42

 

 

5,045

 

 

5,049,137

 

 

 

 

 

 

 

49,058,275

 

Utah — 3.4%

 

 

 

 

 

 

 

City of Salt Lake City Utah, Refunding
RB, IHC Hospitals Inc. (NPFGC),
6.30%, 2/15/15 (e)

 

 

15,000

 

 

16,667,700

 

Vermont — 0.0%

 

 

 

 

 

 

 

Vermont HFA, Refunding RB, Multiple
Purpose, Series C, AMT (AGM), 5.50%,
11/01/38 (d)

 

 

70

 

 

73,269

 

Washington — 1.0%

 

 

 

 

 

 

 

Central Puget Sound Regional Transit
Authority, RB, Series A,
5.00%, 11/01/36

 

 

2,000

 

 

2,182,120

 

Washington Health Care Facilities
Authority, RB, Providence Health &
Services, Series A:

 

 

 

 

 

 

 

5.00%, 10/01/39

 

 

1,525

 

 

1,619,352

 

5.25%, 10/01/39

 

 

850

 

 

920,278

 

 

 

 

 

 

 

4,721,750

 

Wisconsin — 0.8%

 

 

 

 

 

 

 

Wisconsin Health & Educational
Facilities Authority, RB, Ascension
Health Senior Credit Group, 5.00%,
11/15/33

 

 

1,850

 

 

2,007,454

 

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

Wisconsin (concluded)

 

 

 

 

 

 

 

Wisconsin Health & Educational
Facilities Authority, Refunding RB,
Froedtert & Community Health,
5.25%, 4/01/39

 

$

2,000

 

$

2,128,680

 

 

 

 

 

 

 

4,136,134

 

Total Municipal Bonds – 106.1%

 

 

 

 

 

525,924,412

 

 

 

 

 

 

 

 

 

 

 

Municipal Bonds Transferred to Tender Option Bond (TOB) Trusts (f)

 

 

 

 

 

Arizona — 2.3%

 

 

 

 

 

 

 

Phoenix Civic Improvement Corp., RB,
Subordinate, Civic Plaza Expansion
Project, Series A, 5.00%, 7/01/37

 

 

8,000

 

 

8,317,680

 

Salt River Project Agricultural
Improvement & Power District, RB,
Series A, 5.00%, 1/01/38

 

 

2,750

 

 

3,011,718

 

 

 

 

 

 

 

11,329,398

 

California — 5.4%

 

 

 

 

 

 

 

California State University, Refunding
RB, Systemwide, Series A (AGM),
5.00%, 11/01/32

 

 

7,000

 

 

7,969,500

 

Los Angeles Community College District
California, GO, Series A:

 

 

 

 

 

 

 

Election of 2001 (AGM), 5.00%,
8/01/32

 

 

6,120

 

 

6,694,117

 

Election of 2008, 6.00%,
8/01/33

 

 

2,639

 

 

3,172,875

 

Orange County Sanitation District, COP
(NPFGC), 5.00%, 2/01/33

 

 

2,749

 

 

2,829,423

 

San Diego Community College District
California, GO, Election of 2002,
5.25%, 8/01/33

 

 

509

 

 

583,748

 

San Diego County Water Authority, COP,
Refunding, Series 2008-A (AGM),
5.00%, 5/01/33

 

 

5,170

 

 

5,592,647

 

 

 

 

 

 

 

26,842,310

 

Colorado — 0.3%

 

 

 

 

 

 

 

Colorado Health Facilities Authority,
Refunding RB, Catholic Health,
Series A, 5.50%, 7/01/34

 

 

1,220

 

 

1,350,094

 

District of Columbia — 0.3%

 

 

 

 

 

 

 

District of Columbia, RB, Series A,
5.50%, 12/01/30

 

 

1,320

 

 

1,595,906

 

Florida — 11.1%

 

 

 

 

 

 

 

City of Tallahassee Florida, Energy
System, RB (NPFGC):

 

 

 

 

 

 

 

5.00%, 10/01/32

 

 

2,700

 

 

2,904,984

 

5.00%, 10/01/37

 

 

6,000

 

 

6,417,300

 

County of Miami-Dade Florida, RB,
Water & Sewer System (AGM), 5.00%,
10/01/39

 

 

8,728

 

 

9,501,618

 

 

 

 

 

 

 

 

 

 

BLACKROCK MUNIYIELD QUALITY FUND, INC.

JANUARY 31, 2012

5


 

 

 

Schedule of Investments (continued)

BlackRock MuniYield Quality Fund, Inc. (MQY)

(Percentages shown are based on Net Assets)

 

 

 

 

 

 

 

 

Municipal Bonds Transferred to Tender Option Bond (TOB) Trusts (f)

 

Par
(000)

 

Value

 

Florida (concluded)

 

 

 

 

 

 

 

County of Seminole Florida, Refunding
RB, Series B (NPFGC), 5.25%,
10/01/31

 

$

6,300

 

$

7,796,250

 

Florida State Board of Education, GO,
Series D, 5.00%, 6/01/37

 

 

2,399

 

 

2,614,548

 

Highlands County Health Facilities
Authority, RB, Adventist, Series C,
5.25%, 11/15/36

 

 

5,990

 

 

6,299,683

 

Jacksonville Electric Authority Florida,
RB, Sub-Series A, 5.63%, 10/01/32

 

 

4,310

 

 

4,882,756

 

Miami-Dade County School Board, COP,
Refunding, Series B (AGC), 5.25%,
5/01/27

 

 

11,350

 

 

12,666,827

 

Orange County School Board, COP,
Series A (NPFGC), 5.00%, 8/01/30

 

 

2,000

 

 

2,125,620

 

 

 

 

 

 

 

55,209,586

 

Georgia — 2.1%

 

 

 

 

 

 

 

Augusta-Richmond County Georgia, RB,
Water & Sewer (AGM), 5.25%,
10/01/34

 

 

5,000

 

 

5,427,950

 

City of Atlanta Georgia, RB, General,
Subordinate Lien, Series C (AGM),
5.00%, 1/01/33

 

 

5,000

 

 

5,206,400

 

 

 

 

 

 

 

10,634,350

 

Hawaii — 1.3%

 

 

 

 

 

 

 

Honolulu City & County Board of Water
Supply, RB, Series A (NPFGC), 5.00%,
7/01/33

 

 

6,000

 

 

6,253,320

 

Illinois — 5.2%

 

 

 

 

 

 

 

City of Chicago Illinois, RB, Sales Tax
Revenue, Series A, 5.00%, 1/01/41

 

 

1,140

 

 

1,262,048

 

City of Chicago Illinois, Refunding RB,
Second Lien (AGM), 5.25%, 11/01/33

 

 

14,429

 

 

15,672,318

 

Illinois State Toll Highway Authority, RB,
Series B, 5.50%, 1/01/33

 

 

2,000

 

 

2,201,593

 

State of Illinois, RB, Build Illinois,
Series B, 5.25%, 6/15/34

 

 

6,198

 

 

6,863,363

 

 

 

 

 

 

 

25,999,322

 

Massachusetts — 3.7%

 

 

 

 

 

 

 

Massachusetts School Building
Authority, RB, Series A (AGM), 5.00%,
8/15/30

 

 

16,500

 

 

18,422,157

 

Nevada — 1.7%

 

 

 

 

 

 

 

City of Las Vegas Nevada, GO, Limited
Tax, Performing Arts Center, 6.00%,
4/01/39

 

 

5,007

 

 

5,784,175

 

Clark County Water Reclamation
District, GO, Series B, 5.75%,
7/01/34

 

 

2,429

 

 

2,882,900

 

 

 

 

 

 

 

8,667,075

 

 

 

 

 

 

 

 

 

Municipal Bonds Transferred to Tender Option Bond (TOB) Trusts (f)

 

Par
(000)

 

Value

 

New York — 6.6%

 

 

 

 

 

 

 

Erie County Industrial Development
Agency, RB, City School District of
Buffalo Project, Series A (AGM),
5.75%, 5/01/28

 

$

2,007

 

$

2,285,553

 

New York City Municipal Water Finance
Authority, RB, Fiscal 2009, Series A,
5.75%, 6/15/40

 

 

3,509

 

 

4,100,518

 

New York State Dormitory Authority,
ERB, Series B, 5.75%, 3/15/36

 

 

1,545

 

 

1,822,096

 

New York State Thruway Authority, RB,
Series G (AGM), 5.00%, 1/01/32

 

 

10,000

 

 

10,932,100

 

Port Authority of New York & New Jersey,
RB, Consolidated, Series 169, 5.00%,
10/15/34

 

 

10,830

 

 

11,766,037

 

Triborough Bridge & Tunnel Authority,
RB, General, Series A-2, 5.25%,
11/15/34

 

 

1,500

 

 

1,711,770

 

 

 

 

 

 

 

32,618,074

 

North Carolina — 0.5%

 

 

 

 

 

 

 

North Carolina HFA, RB, Series 31-A,
AMT, 5.25%, 7/01/38

 

 

2,359

 

 

2,411,321

 

Ohio — 0.2%

 

 

 

 

 

 

 

State of Ohio, RB, Cleveland Clinic
Health, Series B, 5.50%, 1/01/34

 

 

780

 

 

862,961

 

South Carolina — 1.1%

 

 

 

 

 

 

 

South Carolina State Public Service
Authority, RB, Santee Cooper,
Series A, 5.50%, 1/01/38

 

 

4,695

 

 

5,338,309

 

South Dakota — 0.8%

 

 

 

 

 

 

 

South Dakota HDA, RB, Homeownership
Mortgage, Series K, 5.05%, 5/01/36

 

 

4,000

 

 

4,033,640

 

Texas — 2.9%

 

 

 

 

 

 

 

Clear Creek ISD Texas, GO, Refunding,
School Building (PSF-GTD), 5.00%,
2/15/33

 

 

5,900

 

 

6,954,655

 

Cypress-Fairbanks ISD, GO, Refunding,
Schoolhouse (PSF-GTD), 5.00%,
2/15/32

 

 

4,750

 

 

5,342,420

 

North East ISD Texas, GO, School
Building, Series A (PSF-GTD), 5.00%,
8/01/37

 

 

2,000

 

 

2,212,100

 

 

 

 

 

 

 

14,509,175

 

Virginia — 0.1%

 

 

 

 

 

 

 

Fairfax County IDA Virginia, Refunding
RB, Health Care, Inova Health System,
Series A, 5.50%, 5/15/35

 

 

450

 

 

503,123

 

Washington — 0.6%

 

 

 

 

 

 

 

Central Puget Sound Regional Transit
Authority, RB, Series A (AGM), 5.00%,
11/01/32

 

 

2,504

 

 

2,776,939

 

 

 

 

 

 

 

 

 

 

BLACKROCK MUNIYIELD QUALITY FUND, INC.

JANUARY 31, 2012

6


 

 

 

 

Schedule of Investments (continued)

BlackRock MuniYield Quality Fund, Inc. (MQY)

(Percentages shown are based on Net Assets)

 

 

 

 

 

 

 

 

Municipal Bonds Transferred to Tender Option Bond (TOB) Trusts (f)

 

 

 

 

 

 

 

Total Municipal Bonds Transferred to Tender Option
Bond (TOB) Trusts – 46.2%

 

 

 

 

$

229,357,060

 

Total Long-Term Investments
(Cost – $694,434,602) – 152.3%

 

 

 

 

 

755,281,472

 

 

 

 

 

 

 

 

 

 

 

Short-Term Securities

 

Shares

 

Value

 

FFI Institutional Tax-Exempt Fund,
0.01% (g)(h)

 

 

17,408,812

 

$

17,408,812

 

Total Short-Term Securities
(Cost – $17,408,812) – 3.5%

 

 

 

 

 

17,408,812

 

Total Investments (Cost - $711,843,414*) 155.8%

 

 

 

 

 

772,690,284

 

Other Assets Less Liabilities – 1.6%

 

 

 

 

 

8,043,497

 

Liability for TOB Trust Certificates, Including Interest
Expense and Fees Payable – (21.8)%

 

 

 

 

 

(108,202,190

)

VRDP Shares, at Redemption Value – (35.6)%

 

 

 

 

 

(176,600,000

)

Net Assets Applicable to Common Shareholders–100.0%

 

 

 

 

$

495,931,591

 

 

 

 

 

*

As of January 31, 2012, gross unrealized appreciation and gross unrealized depreciation based on cost for federal income tax purposes were as follows:


 

 

 

 

 

Tax cost

 

$

603,814,527

 

Gross unrealized appreciation

 

$

61,826,480

 

Gross unrealized depreciation

 

 

(1,106,151

)

Net unrealized appreciation

 

$

60,720,329

 

 

 

(a)

Represents a step-up bond that pays an initial coupon rate for the first period and then a higher coupon rate for the following periods. Rate shown is as of report date.

 

 

(b)

Represents a zero-coupon bond. Rate shown reflects the current yield as of report date.

 

 

(c)

US government securities, held in escrow, are used to pay interest on this security, as well as to retire the bond in full at the date indicated, typically at a premium to par.

 

 

(d)

Variable rate security. Rate shown is as of report date.

 

 

(e)

Security is collateralized by Municipal or US Treasury obligations.

 

 

(f)

Securities represent bonds transferred to a TOB in exchange for which the Fund acquired residual interest certificates. These securities serve as collateral in a financing transaction.

 

 

(g)

Investments in companies considered to be an affiliate of the Fund during the period, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:


 

 

 

 

 

 

 

 

 

 

 

 

 

 

Affiliate

 

Shares
Held at
April 30, 2011

 

Net
Activity

 

Shares
Held at
January 31,
2012

 

Income

 

FFI Institutional Tax-Exempt Fund

 

 

4,098,484

 

 

13,310,328

 

 

17,408,812

 

$

1,708

 

 

 

(h)

Represents the current yield as of report date.

 

 

 

 

Portfolio Abbreviations

To simplify the listings of portfolio holdings in the Schedule of Investments, the names and descriptions of many of the securities have been abbreviated according to the following list:

 

 

AGC

Assured Guaranty Corp.

AGM

Assured Guaranty Municipal Corp.

AMBAC

American Municipal Bond Assurance Corp.

AMT

Alternative Minimum Tax (subject to)

ARB

Airport Revenue Bonds

BHAC

Berkshire Hathaway Assurance Corp.

CAB

Capital Appreciation Bonds

COP

Certificates of Participation

EDA

Economic Development Authority

ERB

Education Revenue Bonds

GAN

Grant Anticipation Notes

GARB

General Airport Revenue Bonds

GO

General Obligation Bonds

HDA

Housing Development Authority

HFA

Housing Finance Agency

IDA

Industrial Development Authority

ISD

Independent School District

NPFGC

National Public Finance Guarantee Corp.

PSF-GTD

Permanent School Fund Guaranteed

Radian

Radian Financial Guaranty

RB

Revenue Bonds

S/F

Single-Family

Syncora

Syncora Guarantee

 

 

•

Financial futures contracts sold as of January 31, 2012 were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contracts

Issue

 

Exchange

 

Expiration

 

Notional
Value

 

Unrealized
Depreciation

 

 

60

 

10-Year US Treasury Note

 

 

Chicago Board of Trade

 

 

March 2012

 

$

7,935,000

 

$

(105,114

)

 

 

 

 

 

 

 

 

 

BLACKROCK MUNIYIELD QUALITY FUND, INC.

JANUARY 31, 2012

7


 

 

 

 

Schedule of Investments (concluded)

BlackRock MuniYield Quality Fund, Inc. (MQY)

 

 

 

•

Fair Value Measurements - Various inputs are used in determining the fair value of investments and derivative financial instruments. These inputs are categorized into a disclosure hierarchy consisting of three broad levels for financial reporting purposes as follows:

 

 

 

 

•

Level 1 — unadjusted price quotations in active markets/exchanges for identical assets and liabilities

 

 

 

 

•

Level 2 — other observable inputs (including, but not limited to: quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs)

 

 

 

 

•

Level 3 — unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Fund’s own assumptions used in determining the fair value of investments and derivative financial instruments)

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. The categorization of a value determined for investments and derivative financial instruments is based on the pricing transparency of the investment and derivative financial instrument and does not necessarily correspond to the Fund’s perceived risk of investing in those securities. For information about the Fund’s policy regarding valuation of investments and derivative financial instruments and other significant accounting policies, please refer to the Fund’s most recent financial statements as contained in its semi-annual report.

The following tables summarize the inputs used as of January 31, 2012 in determining the fair valuation of the Fund’s investments and derivative financial instruments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Valuation Inputs

 

Level 1

 

Level 2

 

Level 3

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments:

 

 

 

 

 

 

 

 

 

 

 

 

 

Long-Term Investments1

 

 

—

 

$

755,281,472

 

 

—

 

$

755,281,472

 

Short-Term Securities

 

$

17,408,812

 

 

—

 

 

—

 

 

17,408,812

 

Total

 

$

17,408,812

 

$

755,281,472

 

 

—

 

$

772,690,284

 

 

 

1

See above Schedule of Investments for values in each state or political subdivision.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Valuation Inputs

 

Level 1

 

Level 2

 

Level 3

 

Total

 

Derivative Financial Instruments2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate contracts

 

$

(105,114

)

 

—

 

 

—

 

$

(105,114

)

 

 

2

Derivative financial instruments are financial futures contracts, which are valued at the unrealized appreciation/depreciation on the instrument.


 

 

 

 

 

 

 

 

 

BLACKROCK MUNIYIELD QUALITY FUND, INC.

JANUARY 31, 2012

8

Item 2 –

Controls and Procedures

 

 

2(a) –

The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”)) are effective as of a date within 90 days of the filing of this report based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rule 13a-15(b) under the Securities Exchange Act of 1934, as amended.

 

 

2(b) –

There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

 

 

Item 3 –

Exhibits

 

 

 

Certifications – Attached hereto

 

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

 

BlackRock MuniYield Quality Fund, Inc.
   
  By: /s/ John M. Perlowski  
    John M. Perlowski
    Chief Executive Officer (principal executive officer) of
    BlackRock MuniYield Quality Fund, Inc.
   
  Date: March 23, 2012
   
  Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
   
  By: /s/ John M. Perlowski  
    John M. Perlowski
    Chief Executive Officer (principal executive officer) of
    BlackRock MuniYield Quality Fund, Inc.
   
  Date: March 23, 2012
   
  By: /s/ Neal J. Andrews  
    Neal J. Andrews
    Chief Financial Officer (principal financial officer) of
    BlackRock MuniYield Quality Fund, Inc.
     
  Date: March 23, 2012