UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
Investment Company Act File Number 811-08497
Name of Fund: BlackRock Corporate High Yield Fund III, Inc.
Fund Address: P.O. Box 9011
Princeton, NJ 08543-9011
Name and address of agent for service:
Robert C. Doll, Jr., Chief Executive Officer, BlackRock Corporate High
Yield Fund III, Inc., 800 Scudders Mill Road, Plainsboro, NJ, 08536.
Mailing address: P.O. Box 9011, Princeton, NJ, 08543-9011
Registrant's telephone number, including area code: (609) 282-2800
Date of fiscal year end: 05/31
Date of reporting period: 07/01/06 - 06/30/07
Item 1 - Proxy Voting Record
The information contained herein discloses the following information for each
matter relating to a portfolio security considered at any shareholder meeting
held during the period covered by the report and with respect to which the
registrant was entitled to vote:
(a) The name of the issuer of the portfolio security;
(b) The exchange ticker symbol of the portfolio security;
(c) The Council on Uniform Securities Identification Procedures ("CUSIP")
number for the portfolio security;
(d) The shareholder meeting date;
(e) A brief identification of the matter voted on;
(f) Whether the matter was proposed by the issuer or by a security holder;
(g) Whether the registrant cast its vote on the matter;
(h) How the registrant cast its vote; and
(i) Whether the registrant cast its vote for or against management.
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ICA File Number: 811-08497
Reporting Period: 07/01/2006 - 06/30/2007
BlackRock Corporate High Yield Fund III, Inc.
===================== BlackRock CORPORATE HIGH YIELD FUND III, INC.=============
GEO SPECIALTY CHEMICALS INC.
Ticker: GSCQ Security ID: 37246R205
Meeting Date: NOV 16, 2006 Meeting Type: Annual
Record Date: OCT 18, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Director David L. Eaton For For Management
2 Elect Director Charles Macaluso For For Management
3 Elect Director Michael Y. McGovern For For Management
4 Elect Director Kenneth A. Ghazey For For Management
5 Increase Authorized Common Stock For For Management
--------------------------------------------------------------------------------
LODGIAN, INC.
Ticker: LGN Security ID: 54021P403
Meeting Date: APR 24, 2007 Meeting Type: Annual
Record Date: MAR 9, 2007
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Stewart J. Brown For For Management
1.2 Elect Director Stephen P. Grathwohl For For Management
1.3 Elect Director Dr. Sheryl E. Kimes For Withhold Management
1.4 Elect Director Kevin C. Mctavish For For Management
1.5 Elect Director Edward J. Rohling For For Management
1.6 Elect Director Alex R. Lieblong For For Management
1.7 Elect Director Paul J. Garity For For Management
1.8 Elect Director Peter T. Cyrus For For Management
1.9 Elect Director Michael J. Grondahl For For Management
2 Amend Omnibus Stock Plan For For Management
3 Ratify Auditors For For Management
========== END NPX REPORT
Pursuant to the requirements of 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.
By: /s/ Robert C. Doll, Jr.
------------------------
Robert C. Doll, Jr.
Chief Executive Officer
BlackRock Corporate High Yield Fund III, Inc.
Date: August 15, 2007