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 811-21280

Name of Fund: BlackRock Credit Allocation Income Trust III (BPP)

Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809

Name and address of agent for service: Anne Ackerley, Chief Executive Officer,

BlackRock Credit Allocation

Income Trust III, 55 East 52(nd) Street, New York City, NY 10055.

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

Date of fiscal year end: 10/31

Date of reporting period: 07/01/2009 -- 06/30/2010

Item 1 -- Proxy Voting Record -- Attached hereto.

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.

BlackRock Credit Allocation Income Trust III

By: /s/ Anne Ackerley

Anne Ackerley

Chief Executive Officer of

BlackRock Credit Allocation Income Trust III

Date: August 23, 2010

******************************* FORM N-Px REPORT *******************************

ICA File Number: 811-21280
Reporting Period: 07/01/2009 - 06/30/2010 BlackRock Credit Allocation Income Trust III

================= BLACKROCK CREDIT ALLOCATION INCOME TRUST III =================

BLACKROCK ENERGY AND RESOURCES TRUST

Ticker: BGR Security ID: 09250U101
Meeting Date: AUG 26, 2009 Meeting Type: Annual
Record Date: JUN 29, 2009

# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Trustee Richard S. Davis For For Management
1.2 Elect Trustee Frank J. Fabozzi For For Management
1.3 Elect Trustee James T. Flynn For For Management
1.4 Elect Trustee Karen P. Robards For For Management


BLACKROCK FLOATING RATE INCOME TRUST

Ticker: BGT Security ID: 091941104
Meeting Date: AUG 26, 2009 Meeting Type: Annual
Record Date: JUN 29, 2009

# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Trustee Richard S. Davis For For Management
1.2 Elect Trustee James T. Flynn For For Management
1.3 Elect Trustee Karen P. Robards For For Management


BLACKROCK CORPORATE HIGH YIELD FUND VI INC

Ticker: HYT Security ID: 09255P107
Meeting Date: AUG 26, 2009 Meeting Type: Annual
Record Date: JUN 29, 2009

# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Trustee G. Nicholas Beckwith, III For For Management
1.2 Elect Trustee Richard E. Cavanagh For For Management
1.3 Elect Trustee Richard S. Davis For For Management
1.4 Elect Trustee Kent Dixon For For Management
1.5 Elect Trustee Frank J. Fabozzi For For Management
1.6 Elect Trustee Kathleen F. Feldstein For For Management
1.7 Elect Trustee James T. Flynn For For Management
1.8 Elect Trustee Henry Gabbay For For Management
1.9 Elect Trustee Jerrold B. Harris For For Management
1.10 Elect Trustee R. Glenn Hubbard For For Management
1.11 Elect Trustee W. Carl Kester For For Management
1.12 Elect Trustee Karen P. Robards For For Management


BLACKROCK ENHANCED DIVIDEND ACHIEVERS TRUST

Ticker: BDJ Security ID: 09251A104
Meeting Date: AUG 26, 2009 Meeting Type: Annual
Record Date: JUN 29, 2009

# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Trustee Richard S. Davis For For Management
1.2 Elect Trustee Frank J. Fabozzi For For Management
1.3 Elect Trustee James T. Flynn For For Management
1.4 Elect Trustee Karen P. Robards For For Management


BLACKROCK INTERNATIONAL GROWTH AND INCOME TRUST

Ticker: BGY Security ID: 092524107
Meeting Date: AUG 26, 2009 Meeting Type: Annual
Record Date: JUN 29, 2009

# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Trustee Richard S. Davis For For Management
1.2 Elect Trustee Frank J. Fabozzi For For Management
1.3 Elect Trustee James T. Flynn For For Management
1.4 Elect Trustee Karen P. Robards For For Management


BLACKROCK LIMITED DURATION INCOME TRUST

Ticker: BLW Security ID: 09249W101
Meeting Date: AUG 26, 2009 Meeting Type: Annual
Record Date: JUN 29, 2009

# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Trustee Richard S. Davis For For Management
1.2 Elect Trustee Frank J. Fabozzi For For Management
1.3 Elect Trustee James T. Flynn For For Management
1.4 Elect Trustee Karen P. Robards For For Management


BLACKROCK PREFERRED & EQUITY ADVANTAGE TRUST

Ticker: BTZ Security ID: 092508100
Meeting Date: AUG 26, 2009 Meeting Type: Annual
Record Date: JUN 29, 2009

# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Trustee Richard S. Davis For For Management
1.2 Elect Trustee James T. Flynn For For Management
1.3 Elect Trustee Karen P. Robards For For Management


BLACKROCK PREFERRED INCOME STRATEGIES FUND INC

Ticker: PSY Security ID: 09255H105
Meeting Date: AUG 26, 2009 Meeting Type: Annual
Record Date: JUN 29, 2009

# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Trustee G. Nicholas Beckwith, III For For Management
1.2 Elect Trustee Richard E. Cavanagh For For Management
1.3 Elect Trustee Richard S. Davis For For Management
1.4 Elect Trustee Kent Dixon For For Management
1.5 Elect Trustee Kathleen F. Feldstein For For Management
1.6 Elect Trustee James T. Flynn For For Management
1.7 Elect Trustee Henry Gabbay For For Management
1.8 Elect Trustee Jerrold B. Harris For For Management
1.9 Elect Trustee R. Glenn Hubbard For For Management

1.10 Elect Trustee Karen P. Robards For For Management

========== END NPX REPORT

Blackrock Credit Allocation Income Trust Iii (NYSE:BPP)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Blackrock Credit Allocation Income Trust Iii Charts.
Blackrock Credit Allocation Income Trust Iii (NYSE:BPP)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Blackrock Credit Allocation Income Trust Iii Charts.