<PAGE> PAGE 1
000 B000000 10/31/95
000 C000000 0000890196
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 MUNIYIELD QUALITY FUND, INC.
001 B000000 811-6660
001 C000000 6092827165
002 A000000 P.O. BOX 9066
002 B000000 PRINCETON
002 C000000 NJ
002 D010000 08543
002 D020000 9066
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A000001 FUND ASSET MANAGEMENT, L.P.
008 B000001 A
008 C000001 801-12485
008 D010001 PRINCETON
008 D020001 NJ
008 D030001 08543
008 D040001 9011
011 A000001 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
011 B000001 8-7221
011 C010001 NEW YORK
011 C020001 NY
011 C030001 10281
011 C040001 1201
012 A000001 STATE STREET BANK AND TRUST COMPANY (COMMON)
012 B000001 85-05003
012 C010001 BOSTON
012 C020001 MA
012 C030001 02110
<PAGE> PAGE 2
012 A000002 IBJ SCHRODER BANK & TRUST COMPANY (PREFERRED)
012 B000002 84-0
012 C010002 NEW YORK
012 C020002 NY
012 C030002 10004
013 A000001 DELOITTE & TOUCHE LLP
013 B010001 PRINCETON
013 B020001 NJ
013 B030001 08540
014 A000001 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
014 B000001 8-7221
015 A000001 STATE STREET BANK AND TRUST COMPANY
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02110
015 E010001 X
018 000000 Y
019 A000000 Y
019 B000000 180
019 C000000 MERRILLLYN
020 A000001 LEHMAN BROTHERS INC.
020 B000001 13-2518466
020 C000001 58
020 A000002 SMITH BARNEY INC.
020 B000002 13-1912900
020 C000002 14
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 72
022 A000001 GOLDMAN, SACHS & CO.
022 B000001 13-5108880
022 C000001 92292
022 D000001 64554
022 A000002 PAINEWEBBER INCORPORATED
022 B000002 13-2638166
022 C000002 78700
022 D000002 75504
022 A000003 MORGAN (J.P.) SECURITIES INC.
022 B000003 13-3224016
022 C000003 75002
022 D000003 52687
022 A000004 BEAR, STEARNS & CO. INC.
022 B000004 13-3299429
022 C000004 76146
<PAGE> PAGE 3
022 D000004 44773
022 A000005 LEHMAN BROTHERS INC.
022 B000005 13-2518466
022 C000005 88717
022 D000005 17096
022 A000006 CHEMICAL SECURITIES, INC.
022 B000006 13-3379014
022 C000006 55396
022 D000006 44151
022 A000007 SIMON (WILLIAM E.) & SONS MUNI. SEC. INC.
022 B000007 22-3017217
022 C000007 59030
022 D000007 37709
022 A000008 SMITH BARNEY INC.
022 B000008 13-1912900
022 C000008 42085
022 D000008 54026
022 A000009 MORGAN STANLEY & CO. INCORPORATED
022 B000009 13-2655998
022 C000009 43044
022 D000009 28768
022 A000010 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
022 B000010 13-2741729
022 C000010 18800
022 D000010 35498
023 C000000 810476
023 D000000 744065
024 000000 N
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 N
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.500
048 A010000 0
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
<PAGE> PAGE 4
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 0
048 K020000 0.000
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 N
054 A000000 Y
054 B000000 Y
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
055 A000000 Y
055 B000000 N
056 000000 Y
057 000000 Y
058 A000000 N
059 000000 Y
060 A000000 N
060 B000000 N
061 000000 0
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 4.4
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
<PAGE> PAGE 5
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 97.9
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 0
063 B000000 24.6
064 A000000 Y
064 B000000 N
066 A000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 N
070 B010000 N
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 Y
070 E020000 Y
070 F010000 N
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 Y
070 K020000 N
070 L010000 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 N
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 Y
070 Q010000 N
070 Q020000 N
<PAGE> PAGE 6
070 R010000 N
070 R020000 N
071 A000000 338523
071 B000000 334759
071 C000000 581561
071 D000000 58
072 A000000 12
072 B000000 39241
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 3111
072 G000000 65
072 H000000 0
072 I000000 115
072 J000000 34
072 K000000 0
072 L000000 59
072 M000000 24
072 N000000 0
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 51
072 S000000 30
072 T000000 0
072 U000000 8
072 V000000 0
072 W000000 624
072 X000000 4121
072 Y000000 0
072 Z000000 35120
072AA000000 5532
072BB000000 19636
072CC010000 57751
072CC020000 0
072DD010000 34775
072DD020000 0
072EE000000 661
073 A010000 0.8947
073 A020000 0.0000
073 B000000 0.0187
073 C000000 0.0000
074 A000000 0
074 B000000 0
074 C000000 28339
074 D000000 630278
074 E000000 0
074 F000000 0
074 G000000 0
074 H000000 0
<PAGE> PAGE 7
074 I000000 0
074 J000000 5834
074 K000000 0
074 L000000 11561
074 M000000 26
074 N000000 676038
074 O000000 21819
074 P000000 281
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 10220
074 S000000 200000
074 T000000 443718
074 U010000 30425
074 U020000 0
074 V010000 14.58
074 V020000 0.00
074 W000000 0.0000
074 X000000 16387
074 Y000000 0
075 A000000 0
075 B000000 621461
076 000000 12.63
077 A000000 Y
077 B000000 Y
077 Q020000 Y
080 A000000 ICI MUTUAL INSURANCE CO.
080 C000000 900
081 A000000 Y
081 B000000 110
082 A000000 N
082 B000000 0
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 4
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
<PAGE> PAGE 8
086 F020000 0
087 A010000 MUNIYIELD QUALITY FUND, INC.
087 A020000 626392103
087 A030000 MQY
088 A000000 N
088 B000000 N
088 C000000 N
088 D000000 Y
SIGNATURE GERALD M. RICHARD
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000890196
<NAME> MUNIYIELD QUALITY FUND, INC.
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-START> NOV-01-1994
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 631708589
<INVESTMENTS-AT-VALUE> 658617138
<RECEIVABLES> 17395358
<ASSETS-OTHER> 25522
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 676038018
<PAYABLE-FOR-SECURITIES> 21818875
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 10500892
<TOTAL-LIABILITIES> 32319767
<SENIOR-EQUITY> 200000000
<PAID-IN-CAPITAL-COMMON> 426909946
<SHARES-COMMON-STOCK> 30425258
<SHARES-COMMON-PRIOR> 30425258
<ACCUMULATED-NII-CURRENT> 4084082
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (14105440)
<OVERDISTRIBUTION-GAINS> 78886
<ACCUM-APPREC-OR-DEPREC> 26908549
<NET-ASSETS> 643718251
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 39240784
<OTHER-INCOME> 0
<EXPENSES-NET> 4120971
<NET-INVESTMENT-INCOME> 35119813
<REALIZED-GAINS-CURRENT> (14104541)
<APPREC-INCREASE-CURRENT> 57751325
<NET-CHANGE-FROM-OPS> 78766597
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 34774563
<DISTRIBUTIONS-OF-GAINS> 660867
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 43331167
<ACCUMULATED-NII-PRIOR> 3737933
<ACCUMULATED-GAINS-PRIOR> 581981
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3110934
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4120971
<AVERAGE-NET-ASSETS> 621460892
<PER-SHARE-NAV-BEGIN> 13.16
<PER-SHARE-NII> 1.15
<PER-SHARE-GAIN-APPREC> 1.43
<PER-SHARE-DIVIDEND> .89
<PER-SHARE-DISTRIBUTIONS> .02
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.58
<EXPENSE-RATIO> .66
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
