# EDGAR Filing Document

**Accession Number:** 0001761055
**File Stem:** 0001752724-25-165985
**Filing Date:** 2025-7
**Character Count:** 275119
**Document Hash:** 86b2b4b9c8c900db34e0199c094ec1b3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-165985.hdr.sgml**: 20250711

**ACCESSION NUMBER**: 0001752724-25-165985

**CONFORMED SUBMISSION TYPE**: N-CEN

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250711

**DATE AS OF CHANGE**: 20250711

**EFFECTIVENESS DATE**: 20250711

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock ETF Trust
- **CENTRAL INDEX KEY:** 0001761055

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** N-CEN
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23402
- **FILM NUMBER:** 251118612

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 8004417762

**MAIL ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

## Series and Classes Contracts Data

### iShares International Dividend Active ETF (Series ID: S000083238)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000246764 | iShares International Dividend Active ETF |  |

### iShares U.S. Select Equity Active ETF (Series ID: S000085065)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000249928 | iShares U.S. Select Equity Active ETF |  |

### iShares Large Cap Growth Active ETF (Series ID: S000085067)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000249930 | iShares Large Cap Growth Active ETF |  |

### iShares A.I. Innovation and Tech Active ETF (Series ID: S000086268)

| Class ID   | Class Name                                  | Ticker Symbol   |
|:---|:---|:---|
| C000251727 | iShares A.I. Innovation and Tech Active ETF |  |

### iShares Technology Opportunities Active ETF (Series ID: S000086269)

| Class ID   | Class Name                                  | Ticker Symbol   |
|:---|:---|:---|
| C000251728 | iShares Technology Opportunities Active ETF |  |

## Internal

## **Report of Independent Registered Public Accounting Firm** 
To the Board of Trustees of BlackRock ETF Trust and Shareholders of iShares A.I. Innovation and Tech Active ETF, iShares Large Cap Growth Active ETF, iShares Long-Term U.S. Equity Active ETF, iShares Technology Opportunities Active ETF and iShares International Dividend Active ETF

In planning and performing our audits of the financial statements of the funds listed in Appendix A (hereafter collectively referred to as the "Funds") as of and for the periods ended April 30, 2025, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), we considered the Funds' internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Funds' internal control over financial reporting. Accordingly, we do not express an opinion on the effectiveness of the Funds' internal control over financial reporting.

The management of the Funds is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company's internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a company's assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the company's annual or interim financial statements will not be prevented or detected on a timely basis.

Our consideration of the Funds' internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control over financial reporting that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies in the Funds' internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be material weaknesses as defined above as of April 30, 2025.

------

This report is intended solely for the information and use of the Board of Trustees of BlackRock ETF Trust and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.

/s/PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania

June 24, 2025 **<u>Appendix A</u>**

Information Classification: General<br>

------

**<u>BlackRock ETF Trust</u>** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. iShares A.I. Innovation and Tech Active ETF\*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. iShares Large Cap Growth Active ETF\*\*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. iShares Long-Term U.S. Equity Active ETF\*\*\*

* iShares
 Technology Opportunities Active ETF\*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. iShares International Dividend Active ETF\*\*\*\*

\*October 21, 2024 (commencement of operations) through April 30, 2025

\*\*June 4, 2024 (commencement of operations) through April 30, 2025

\*\*\*June 17, 2024 (commencement of operations) through April 30, 2025

\*\*\*\*June 1, 2024 through April 30, 2025

Information Classification: General<br>

# Form N-CEN: Annual Report for Registered Investment Companies

## N-CEN: Filer Information
**Submission Type:** N-CEN
**CIK:** 0001761055

## N-CEN: Series/Class (Contract) Information

**Series ID Record:1**
- **Series ID:** S000083238

**Series ID Record:2**
- **Series ID:** S000085065

**Series ID Record:3**
- **Series ID:** S000086269

**Series ID Record:4**
- **Series ID:** S000085067

**Series ID Record:5**
- **Series ID:** S000086268

**Class ID Record:1**
- **Class ID:** C000246764

**Class ID Record:2**
- **Class ID:** C000249928

**Class ID Record:3**
- **Class ID:** C000251728

**Class ID Record:4**
- **Class ID:** C000249930

**Class ID Record:5**
- **Class ID:** C000251727

### N-CEN: Part A: General Information

**Item A.1.a - Report for period ending:** 2025-04-30

**Item A.1.b - Does this report cover a period of less than 12 months?:** Yes

## N-CEN: Part B: Information About the Registrant

- **Item B.1.a - Full name of Registrant:** BlackRock ETF Trust

- **Item B.1.b - Investment Company Act file number:** 811-23402

- **Item B.1.c - CIK:** 0001761055

- **Item B.1.d - LEI:** 5493007WBHAKV9JVS642

- **Item B.2.a - Street 1:** 100 BELLEVUE PARKWAY

- **Item B.2.b - City:** WILMINGTON

- **Item B.2.c - State:** DE

- **Item B.2.e - Zip Code:** 19809

- **Item B.2.f - Telephone:** 800-441-7762

- **Item B.2.g - Public Website:** www.blackrock.com

### Item B.3 - Location of books and records

**Location books Record: 1**

- **a. Name of person (e.g., a custodian of records):** BlackRock Investments, LLC

- **b. Street 1:** 50 Hudson Yards

- **c. City:** New York

- **d. State, if applicable:** NY

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 10001

- **g. Telephone number:** 609-282-3046

- **h. Briefly describe the books and records kept at this location:** Records related to its functions as distributor

**Location books Record: 2**

- **a. Name of person (e.g., a custodian of records):** BlackRock Fund Advisors

- **b. Street 1:** 400 Howard Street

- **c. City:** San Francisco

- **d. State, if applicable:** CA

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 94105

- **g. Telephone number:** 415-670-2000

- **h. Briefly describe the books and records kept at this location:** Records related to its functions as advisor

**Location books Record: 3**

- **a. Name of person (e.g., a custodian of records):** State Street Bank and Trust Company

- **b. Street 1:** One Congress Street

- **Street 2:** Mail Stop SUM0703

- **c. City:** Boston

- **d. State, if applicable:** MA

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 02114

- **g. Telephone number:** 617-786-3000

- **h. Briefly describe the books and records kept at this location:** Records related to its functions as administrator, accounting agent, transfer agent and custodian

**Location books Record: 4**

- **a. Name of person (e.g., a custodian of records):** BlackRock International Limited

- **b. Street 1:** 1 Semple Street

- **c. City:** Edinburgh

- **f. Zip code and zip code extension, or foreign postal code:** EH3 8BL

- **g. Telephone number:** 44 131 472 7200

- **h. Briefly describe the books and records kept at this location:** Records related to its functions as sub-advisor

- **Item B.4.a - Is this the first filing by the Registrant?:** Yes

- **Item B.4.b - Is this the last filing by the Registrant?:** No

- **Item B.5.a - Is the Registrant part of a family of investment companies?:** Yes

- **Item B.5.a.i - Full name of family of investment companies:** BlackRock-advised Funds

### Item B.6 - Organization

- [x] a. Open-end management investment company registered under the Act on Form N-1A

- [ ] b. Closed-end management investment company registered under the Act on Form N-2

- [ ] c. Separate account offering variable annuity contracts which is registered under the Act as a management investment company on Form N-3

- [ ] d. Separate account offering variable annuity contracts which is registered under the Act as a unit investment trust on Form N-4

- [ ] e. Small business investment company registered under the Act on Form N-5

- [ ] f. Separate account offering variable insurance contracts which is registered under the Act as a unit investment trust on Form N-6

- [ ] g. Unit investment trust registered under the Act on Form N-8B-2

- **Item B.6.i - Total number of Series:** 20

- **Item B.7 - Is the Registrant the issuer of a class of securities registered under the Securities Act?:** Yes

### Item B.8 - Directors

| Name                  | Is Interested Person?   | Other Investment Company File Numbers                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|:---|:---|:---|
| Cynthia A. Montgomery | No                      | 811-05178, 811-07171, 811-04612, 811-03091, 811-05742, 811-04282, 811-02405, 811-22061, 811-02661, 811-08797, 811-02809, 811-07899, 811-07885, 811-21763, 811-03189, 811-05723, 811-07332, 811-02354, 811-05576, 811-09637, 811-07177, 811-06669, 811-09651, 811-02739, 811-21759, 811-03290, 811-08162                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| Kenneth L. Urish      | No                      | 811-09637, 811-21763, 811-05723, 811-04612, 811-21759, 811-06669, 811-02661, 811-03091, 811-04282, 811-02405, 811-05742, 811-03290, 811-02354, 811-02809, 811-07332, 811-07885, 811-22061, 811-03189, 811-07899, 811-08797, 811-07171, 811-07177, 811-05178, 811-08162, 811-05576, 811-09651, 811-02739                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| John M. Perlowski     | Yes                     | 811-02809, 811-22606, 811-06660, 811-21759, 811-06414, 811-05723, 811-23466, 811-10337, 811-08603, 811-23626, 811-10339, 811-03189, 811-03290, 811-02661, 811-09637, 811-22501, 811-07899, 811-22426, 811-21729, 811-21126, 811-22774, 811-05603, 811-23339, 811-22603, 811-22991, 811-08217, 811-21656, 811-07642, 811-09651, 811-21413, 811-04282, 811-21318, 811-02739, 811-21434, 811-07332, 811-07136, 811-21566, 811-21349, 811-09191, 811-21702, 811-23428, 811-06728, 811-03091, 811-07478, 811-06669, 811-21763, 811-05611, 811-04802, 811-23625, 811-02688, 811-21506, 811-04612, 811-23584, 811-10331, 811-06500, 811-08081, 811-04375, 811-05542, 811-08797, 811-21053, 811-21835, 811-07177, 811-23380, 811-23346, 811-05178, 811-21178, 811-23341, 811-08621, 811-23340, 811-07080, 811-07885, 811-22061, 811-07171, 811-23343, 811-23564, 811-02354, 811-21784, 811-08573, 811-05576, 811-21457, 811-23701, 811-02857, 811-23344, 811-21348, 811-23621, 811-04264, 811-07354, 811-05742, 811-10543, 811-22032, 811-08162, 811-06540, 811-02405, 811-23511, 811-23345, 811-21972 |
| Mark Stalnecker       | No                      | 811-08162, 811-02405, 811-02661, 811-08797, 811-05178, 811-03290, 811-07332, 811-04282, 811-04612, 811-09651, 811-02739, 811-03189, 811-02809, 811-21759, 811-21763, 811-07899, 811-05723, 811-06669, 811-03091, 811-07171, 811-02354, 811-07885, 811-05576, 811-22061, 811-09637, 811-05742, 811-07177                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| Susan J. Carter       | No                      | 811-05723, 811-02661, 811-05576, 811-09651, 811-02354, 811-03091, 811-05742, 811-04612, 811-07332, 811-09637, 811-05178, 811-21763, 811-03290, 811-02739, 811-07885, 811-08797, 811-06669, 811-08162, 811-07177, 811-21759, 811-03189, 811-04282, 811-07899, 811-07171, 811-22061, 811-02405, 811-02809                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| Donald C. Opatrny     | No                      | 811-09637, 811-02354, 811-03290, 811-05576, 811-07332, 811-04282, 811-02661, 811-08162, 811-21759, 811-07177, 811-07885, 811-05178, 811-03189, 811-05723, 811-22061, 811-02809, 811-06669, 811-05742, 811-02739, 811-02405, 811-04612, 811-07171, 811-07899, 811-08797, 811-09651, 811-03091, 811-21763                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| Henry R. Keizer       | No                      | 811-07332, 811-22061, 811-03189, 811-07899, 811-07171, 811-08162, 811-08797, 811-03290, 811-04612, 811-07885, 811-02354, 811-21759, 811-03091, 811-09637, 811-21763, 811-02405, 811-07177, 811-09651, 811-05576, 811-04282, 811-02661, 811-02739, 811-02809, 811-05723, 811-06669, 811-05178, 811-05742                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| Claire A. Walton      | No                      | 811-07899, 811-02739, 811-07885, 811-03290, 811-21763, 811-07332, 811-07171, 811-04612, 811-03091, 811-04282, 811-02354, 811-02405, 811-02809, 811-05178, 811-05576, 811-02661, 811-03189, 811-08162, 811-05742, 811-08797, 811-06669, 811-07177, 811-05723, 811-09651, 811-22061, 811-21759, 811-09637                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| Lori Richards         | No                      | 811-02809, 811-09651, 811-07171, 811-04282, 811-22061, 811-04612, 811-05723, 811-21763, 811-02739, 811-02405, 811-08797, 811-09637, 811-02354, 811-21759, 811-03189, 811-05576, 811-06669, 811-07885, 811-07899, 811-07332, 811-02661, 811-08162, 811-07177, 811-05178, 811-03290, 811-03091, 811-05742                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| Christopher J. Ailman | No                      | 811-02405, 811-03189, 811-05576, 811-22061, 811-07177, 811-07899, 811-07885, 811-02809, 811-05742, 811-05178, 811-02661, 811-09637, 811-04612, 811-03091, 811-02354, 811-07171, 811-05723, 811-04282, 811-08162, 811-02739, 811-06669, 811-03290, 811-09651, 811-21763, 811-21759, 811-07332, 811-08797                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| Collette Chilton      | No                      | 811-09651, 811-21759, 811-02809, 811-22061, 811-04282, 811-05723, 811-07177, 811-03091, 811-08797, 811-07171, 811-02661, 811-02354, 811-07899, 811-02739, 811-07885, 811-03290, 811-21763, 811-02405, 811-05576, 811-06669, 811-05178, 811-05742, 811-03189, 811-04612, 811-09637, 811-07332, 811-08162                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| Robert Fairbairn      | Yes                     | 811-21178, 811-06414, 811-04375, 811-03091, 811-04612, 811-21348, 811-23346, 811-21784, 811-21457, 811-02354, 811-07332, 811-22032, 811-07177, 811-07136, 811-07899, 811-07642, 811-04282, 811-02809, 811-05611, 811-23625, 811-23428, 811-08621, 811-22606, 811-05742, 811-23466, 811-09651, 811-21434, 811-23341, 811-06500, 811-23343, 811-23339, 811-21656, 811-10543, 811-22501, 811-21566, 811-02661, 811-09191, 811-23621, 811-07171, 811-21702, 811-06540, 811-07478, 811-07354, 811-10337, 811-05576, 811-09637, 811-21835, 811-07885, 811-08573, 811-23511, 811-21318, 811-10339, 811-21759, 811-22603, 811-05178, 811-21053, 811-23345, 811-21506, 811-05603, 811-21413, 811-08081, 811-23626, 811-21349, 811-05542, 811-02405, 811-04802, 811-02739, 811-23564, 811-23701, 811-21729, 811-06660, 811-03290, 811-22774, 811-22061, 811-22991, 811-07080, 811-21763, 811-08797, 811-23340, 811-02857, 811-22426, 811-04264, 811-02688, 811-05723, 811-08162, 811-06728, 811-23344, 811-21972, 811-21126, 811-08217, 811-06669, 811-08603, 811-10331, 811-03189                       |
| Neil A. Cotty         | No                      | 811-08797, 811-03290, 811-07332, 811-02661, 811-07899, 811-05723, 811-02739, 811-02405, 811-05178, 811-05576, 811-07885, 811-05742, 811-09637, 811-02809, 811-07171, 811-02354, 811-22061, 811-07177, 811-21759, 811-03091, 811-04612, 811-04282, 811-06669, 811-08162, 811-03189, 811-21763, 811-09651                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |

### Item B.9. Chief compliance officer.

**Chief compliance officer Record: 1**

- **a. Full Name:** Aaron Wasserman

- **b. CRD Number, if any:** N/A

- **c. Street Address 1:** 50 Hudson Yards

- **d. City:** New York

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Zip code:** 10001

- **h. Telephone number:** XXXXXX

- **i. Has the chief compliance officer changed since the last filing?:** No

If the chief compliance officer is compensated or employed by any person other than the Registrant, provide:

**CCO employer Record: 1**

- **i. Name of the person:** —

- **ii. Person’s IRS Employer Identification Number:** —

### Item B.10. Matters for security holder vote.

- **Were any matters submitted by the Registrant for its security holders’ vote during the reporting period?** No

- **Item B.11.a - Have there been any material legal proceedings?:** No

- **Item B.11.b - Has any proceeding previously reported been terminated?:** No

- **Item B.12.a - Were any claims with respect to the Registrant filed under a fidelity bond?:** No

- **Item B.13.a - Are the Registrant's officers or directors covered under any insurance policy?:** Yes

- **Item B.13.a.i - If yes, were any claims filed under the policy during the reporting period?:** No

- **Item B.14 - Did an affiliated person provide any form of financial support to the Registrant?:** No

- **Item B.15.a.i - Release numbers:**
  - IC-25878

### Item B.16. Principal underwriters.

**Principal underwriter Record: 1**

- **i. Full name:** BlackRock Investments, LLC

- **ii. SEC file number:** 8-48436

- **iii. CRD number:** 000038642

- **iv. LEI, if any:** 54930061FBHCKXL2G714

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Is the principal underwriter an affiliated person...?:** Yes

- **b. Have any principal underwriters been hired or terminated during the reporting period?** No

### Item B.17. Independent public accountant.

**Public accountant Record: 1**

- **a. Full Name:** PricewaterhouseCoopers LLP

- **b. PCAOB Number:** 238

- **c. LEI, if any:** 5493002GVO7EO8RNNS37

- **d. State, if applicable:** PA

- **e. Foreign country, if applicable:** US

- **f. Has the independent public accountant changed since the last filing?** No

- **Item B.18 - Did an independent public accountant's report on internal control note any material weaknesses?:** No

- **Item B.19 - Did an independent public accountant issue an opinion other than an unqualified opinion?:** No

- **Item B.20 - Have there been material changes in the method of valuation?:** No

- **Item B.21 - Have there been any changes in accounting principles or practices?:** No

- **Item B.22.a - Were any payments made to shareholders as a result of an error in calculating NAV?:** No

- **Item B.23 - Did the Registrant pay any dividend or make any distribution required to be accompanied by a written statement?:** No

## Part C: Additional Questions for Management Investment Companies

### Management Investment Record: 1 - iShares International Dividend Active ETF

**Item C.1. Background information.**

- **a. Full Name of the Fund:** iShares International Dividend Active ETF

- **b. Series identification number, if any:** S000083238

- **c. LEI:** 529900IZSQEB204AKT11

- **d. Is this the first filing on this form by the Fund?:** Yes

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 0

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class                | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | BlackRock International Dividend ETF | C000246764                                | BIDD                         |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [x] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [ ] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** No

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

**c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:**

**Securities Lending Record: 1**

- **i. Full name of securities lending agent:** BlackRock Institutional Trust Company, National Association

- **ii. LEI, if any:** 549300RK1FB0VMTPD087

- **iii. Is the securities lending agent an affiliated person...?** Yes

- **iv. Does the securities lending agent... indemnify the Fund against borrower default?** Yes

- **v. If the entity providing the indemnification is not the securities lending agent, provide the following information:**

  **Idemnity Providers Record: 1**

  - **1. Name of person providing indemnification:** —

  - **2. LEI, if any:** —

- **vi. Did the Fund exercise its indemnification rights during the reporting period?** No

**d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:**

**Collateral Managers Record: 1**

- **i. Full name of cash collateral manager:** BlackRock Fund Advisors

- **ii. LEI, if any:** 549300YOOGP0Y1M95C20

- **iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund??** Yes

- **iv. Is the cash collateral manager an affiliated person of the Fund?** Yes

**e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):**

- [x] Revenue sharing split

- [ ] Fee-based revenue split (other than administrative fee)

- [ ] Administrative fee

- [x] Cash collateral reinvestment fee

- [ ] Indemnification fee

- [x] Other

- [ ] N/A

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** —

- **g. Provide the net income from securities lending activities:** —

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 18f-4 (17 CFR 270.18f-4)

- Rule 6c-11 (17 CFR 270.6c-11)

- Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))

- Rule 32a-4 (17 CFR 270.32a-4)

- Rule 12d1-4 (17 CFR 270.12d1-4)

- Rule 12d1-1 (17 CFR 270.12d1-1)

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** Yes

- **b. Were any expenses reduced or waived?** Yes

- **c. Are the fees waived subject to recoupment?** No

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** BlackRock Fund Advisors

- **ii. SEC file number:** 801-22609

- **iii. CRD number:** 000105247

- **iv. LEI, if any:** 549300YOOGP0Y1M95C20

- **v. State, if applicable:** CA

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.9.b. Sub-advisers.**

**Sub-adviser Record: 1**

- **i. Full name:** BlackRock International Limited

- **ii. SEC file number:** 801-51087

- **iii. CRD number:** 000106843

- **iv. LEI, if any:** 5493008YUGP5E01IBD70

- **v. Is the sub-adviser an affiliated person?:** Yes

- **vi. Foreign country, if applicable:** GB

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. SEC file number:** 85-05003

- **iii. LEI, if any:** 571474TGEMMWANRLN572

- **iv. State, if applicable:** MA

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** No

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** ICE Data Services, Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** 13-3668779

- **Description of other identifying number:** Tax ID

- **iii. State, if applicable:** GA

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** S&P Global Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** Y6X4K52KMJMZE7I7MY94

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** Bloomberg L.P.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300B56MD0ZC402L06

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** London Stock Exchange Group PLC

- **ii. LEI, if any, or provide and describe other identifying number:** 213800QAUUUP6I445N30

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** State Street Trust Company Canada

- **ii. LEI, if any:** 549300L71XG2CTQ2V827

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 2**

- **i. Full name:** Deutsche Bank Aktiengesellschaft (Makati City, Metro Manila, PH, Branch)

- **ii. LEI, if any:** 7LTWFZYICNSX8D621K86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 3**

- **i. Full name:** Citibank del Peru S.A.

- **ii. LEI, if any:** MYTK5NHHP1G8TVFGT193

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 4**

- **i. Full name:** Skandinaviska Enskilda Banken AB (Helsinki, Uusimaa, FI, Branch)

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 5**

- **i. Full name:** BANCO CITI MEXICO S.A. INSTITUCION DE BANCA MULTIPLE, GRUPO FINANCIERO CITI MEXICO

- **ii. LEI, if any:** 529900H31AYI6WA1J534

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 6**

- **i. Full name:** UniCredit Bank Hungary Zrt.

- **ii. LEI, if any:** Y28RT6GGYJ696PMW8T44

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 7**

- **i. Full name:** UniCredit Bank Austria AG

- **ii. LEI, if any:** D1HEB8VEU6D9M8ZUXG17

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 8**

- **i. Full name:** Citibank, National Association (Mumbai, Maharashtra, IN, Branch)

- **ii. LEI, if any:** E57ODZWZ7FF32TWEFA76

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 9**

- **i. Full name:** Bank Hapoalim B.M.

- **ii. LEI, if any:** B6ARUI4946ST4S7WOU88

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 10**

- **i. Full name:** Citibank Europe Public Limited Company

- **ii. LEI, if any:** N1FBEDJ5J41VKZLO2475

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 11**

- **i. Full name:** Mizuho Bank, Ltd. (Minato ku, Tokyo, JP, Branch)

- **ii. LEI, if any:** RB0PEZSDGCO3JS6CEU02

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 12**

- **i. Full name:** Skandinaviska Enskilda Banken AB (Oslo, Oslo, NO, Branch)

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 13**

- **i. Full name:** BNP Paribas

- **ii. LEI, if any:** R0MUWSFPU8MPRO8K5P83

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 14**

- **i. Full name:** Deutsche Bank (Malaysia) Berhad

- **ii. LEI, if any:** 529900DLWFR8HK7DR278

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 15**

- **i. Full name:** Skandinaviska Enskilda Banken AB

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 16**

- **i. Full name:** UBS Switzerland AG

- **ii. LEI, if any:** 549300WOIFUSNYH0FL22

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 17**

- **i. Full name:** Citibank, National Association (Singapore, SG, Branch)

- **ii. LEI, if any:** E57ODZWZ7FF32TWEFA76

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 18**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 19**

- **i. Full name:** State Street Bank and Trust Company (Edinburgh, GB, Branch)

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 20**

- **i. Full name:** Standard Chartered Bank (Thai) Public Company Limited

- **ii. LEI, if any:** 549300O1LQYCQ7G1IM57

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 21**

- **i. Full name:** Royal Bank of Canada

- **ii. LEI, if any:** ES7IP3U3RHIGC71XBU11

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 22**

- **i. Full name:** First Abu Dhabi Bank P.J.S.C.

- **ii. LEI, if any:** 2138002Y3WMK6RZS8H90

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 23**

- **i. Full name:** State Street Bank International GmbH

- **ii. LEI, if any:** ZMHGNT7ZPKZ3UFZ8EO46

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 24**

- **i. Full name:** Euroclear Bank

- **ii. LEI, if any:** 549300OZ46BRLZ8Y6F65

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)

**Custodians Record: 25**

- **i. Full name:** UBS Securities LLC

- **ii. LEI, if any:** T6FIZBDPKLYJKFCRVK44

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6)

**Custodians Record: 26**

- **i. Full name:** Cititrust Colombia S A Sociedad Fiduciaria

- **ii. LEI, if any:** 549300242J3IJCOSGI49

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 27**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 28**

- **i. Full name:** Deutsche Bank Aktiengesellschaft (Taipei City, TW, Branch)

- **ii. LEI, if any:** 25490016G0WR60ANOK04

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 29**

- **i. Full name:** Bank Handlowy w Warszawie Spolka Akcyjna

- **ii. LEI, if any:** XLEZHWWOI4HFQDGL4793

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 30**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited (Jung-gu, Seoul, KR, Branch)

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 31**

- **i. Full name:** FirstRand Bank Limited

- **ii. LEI, if any:** ZAYQDKTCATIXF9OQY690

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 32**

- **i. Full name:** Citibank, National Association (Sao Paulo, Sao Paulo, BR, Branch)

- **ii. LEI, if any:** E57ODZWZ7FF32TWEFA76

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 33**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited (Auckland, Auckland, NZ, Branch)

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 34**

- **i. Full name:** Standard Chartered Bank (Hong Kong) Limited

- **ii. LEI, if any:** X5AV1MBDXGRPX5UGMX13

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 35**

- **i. Full name:** Intesa Sanpaolo S.p.A.

- **ii. LEI, if any:** 2W8N8UU78PMDQKZENC08

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 36**

- **i. Full name:** Skandinaviska Enskilda Banken AB (Copenhagen, Hovedstaden, DK, Branch)

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 37**

- **i. Full name:** BNP Paribas (Athens, Attica, GR, Branch)

- **ii. LEI, if any:** R0MUWSFPU8MPRO8K5P83

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 38**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited (Sydney, NSW, AU, Branch)

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 39**

- **i. Full name:** Deutsche Bank Aktiengesellschaft (Jakarta, Jakarta, ID, Branch)

- **ii. LEI, if any:** 7LTWFZYICNSX8D621K86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

No Shareholder Servicing Agents reported.

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any, or other identifying number:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the administrator a sub-administrator?:** No

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

**Broker Dealers Record: 1**

- **a. Full name:** BlackRock Execution Services

- **b. SEC file number:** 8-48719

- **c. CRD number:** 000039438

- **d. LEI, if any:** 549300HFCRQ0NT5KY652

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Broker Dealers Record: 2**

- **a. Full name:** BlackRock Investments, LLC

- **b. SEC file number:** 8-48436

- **c. CRD number:** 000038642

- **d. LEI, if any:** 54930061FBHCKXL2G714

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Item C.16. Brokers.**

**a. For each of the ten brokers that received the largest dollar amount of brokerage commissions...**

**Brokers Record: 1**

- **i. Full name of broker:** Winterflood Securities US Corporation

- **ii. SEC file number:** 8-70259

- **iii. CRD number:** 000299110

- **iv. LEI, if any:** N/A

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $3,319.36

**Brokers Record: 2**

- **i. Full name of broker:** SG Americas Securities, LLC

- **ii. SEC file number:** 8-66125

- **iii. CRD number:** 000128351

- **iv. LEI, if any:** 549300F35UE0BOM1WJ55

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $2,632.92

**Brokers Record: 3**

- **i. Full name of broker:** CLSA Americas, LLC

- **ii. SEC file number:** 8-69166

- **iii. CRD number:** 000165533

- **iv. LEI, if any:** 213800M2DXATWY7JMS07

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $9,363.51

**Brokers Record: 4**

- **i. Full name of broker:** UBS Securities LLC

- **ii. SEC file number:** 8-22651

- **iii. CRD number:** 000007654

- **iv. LEI, if any:** T6FIZBDPKLYJKFCRVK44

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $5,290.93

**Brokers Record: 5**

- **i. Full name of broker:** J.P. Morgan Securities LLC

- **ii. SEC file number:** 8-35008

- **iii. CRD number:** 000000079

- **iv. LEI, if any:** ZBUT11V806EZRVTWT807

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $3,611.41

**Brokers Record: 6**

- **i. Full name of broker:** CACEIS Bank Deutschland GmbH

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 529900803X38RSVQBK33

- **vii. Gross commissions paid by the Fund for the reporting period:** $3,604.92

**Brokers Record: 7**

- **i. Full name of broker:** Morgan Stanley & Co. LLC

- **ii. SEC file number:** 8-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $8,262.44

**Brokers Record: 8**

- **i. Full name of broker:** BofA Securities, Inc.

- **ii. SEC file number:** 8-69787

- **iii. CRD number:** 000283942

- **iv. LEI, if any:** 549300HN4UKV1E2R3U73

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $12,410.26

**Brokers Record: 9**

- **i. Full name of broker:** BMO Capital Markets Corp.

- **ii. SEC file number:** 8-34344

- **iii. CRD number:** 000016686

- **iv. LEI, if any:** RUC0QBLBRPRCU4W1NE59

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $4,476.79

**Brokers Record: 10**

- **i. Full name of broker:** Goldman Sachs & Co. LLC

- **ii. SEC file number:** 8-129

- **iii. CRD number:** 000000361

- **iv. LEI, if any:** FOR8UP27PHTHYVLBNG30

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $31,631.90

**Aggregate Commission:** $97,051.54

**Item C.17.a. Principal transaction counterparties.**

| Name                                                 | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | N/A               | N/A          | 5493005PQV5UQG4OSI49 | DE      | US        | $127,800,000.00           |
| Citigroup Global Markets Inc.                        | 8-8177            | 000007059    | MBNUM2BPBDO7JBLYG310 | NY      | US        | $601,039.64               |
| UBS Securities LLC                                   | 8-22651           | 000007654    | T6FIZBDPKLYJKFCRVK44 | NY      | US        | $18,474,887.48            |
| Mizuho Securities USA LLC                            | 8-37710           | 000019647    | 7TK5RJIZDFROZCA6XF66 | NY      | US        | $1,093,848.36             |
| BNP Paribas Securities Corp.                         | 8-32682           | 000015794    | RCNB6OTYUAMMP879YW96 | NY      | US        | $2,858,087.43             |
| J.P. Morgan Securities LLC                           | 8-35008           | 000000079    | ZBUT11V806EZRVTWT807 | NY      | US        | $48,167,367.13            |
| BofA Securities, Inc.                                | 8-69787           | 000283942    | 549300HN4UKV1E2R3U73 | NY      | US        | $11,521,904.67            |
| Virtu Americas LLC                                   | 8-68193           | 000149823    | 549300RA02N3BNSWBV74 | NY      | US        | $7,738,336.04             |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $218,255,470.75

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.a - Fund's monthly average net assets:** $731,437,171.66

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $1,750,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** Barclays Bank PLC

  - **Line Institutions Record: 2 Name of institution:** Banco Bilbao Vizcaya Argentaria, S.A. New York Branch

  - **Line Institutions Record: 3 Name of institution:** Royal Bank of Canada

  - **Line Institutions Record: 4 Name of institution:** Morgan Stanley Bank, N.A.

  - **Line Institutions Record: 5 Name of institution:** BNP Paribas

  - **Line Institutions Record: 6 Name of institution:** Brown Brothers Harriman & Co.

  - **Line Institutions Record: 7 Name of institution:** Mizuho Bank, Ltd.

  - **Line Institutions Record: 8 Name of institution:** Citibank, N.A.

  - **Line Institutions Record: 9 Name of institution:** Wells Fargo Bank, N.A.

  - **Line Institutions Record: 10 Name of institution:** The Northern Trust Co.

  - **Line Institutions Record: 11 Name of institution:** Goldman Sachs Bank USA

  - **Line Institutions Record: 12 Name of institution:** Bank of Montreal

  - **Line Institutions Record: 13 Name of institution:** Bank of America, N.A.

  - **Line Institutions Record: 14 Name of institution:** Deutsche Bank AG New York Branch

  - **Line Institutions Record: 15 Name of institution:** Societe Generale

  - **Line Institutions Record: 16 Name of institution:** The Bank of New York Mellon

  - **Line Institutions Record: 17 Name of institution:** Standard Chartered Bank

  - **Line Institutions Record: 18 Name of institution:** The Toronto-Dominion Bank, New York Branch

  - **Line Institutions Record: 19 Name of institution:** JPMorgan Chase Bank, N.A.

  - **Line Institutions Record: 20 Name of institution:** MUFG Bank, Ltd.

  - **Line Institutions Record: 21 Name of institution:** State Street Bank and Trust Company

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                                 | SEC File number   |
|:---|:---|
| BlackRock LifePath ESG Index 2050 Fund                       | 811-07332         |
| BlackRock Health Sciences Opportunities Portfolio            | 811-05742         |
| BlackRock Strategic Global Bond Fund, Inc.                   | 811-05603         |
| BlackRock Equity Dividend Fund                               | 811-05178         |
| BlackRock LifePath Index Retirement Fund                     | 811-07332         |
| iShares Enhanced Roll Yield Index Fund                       | 811-05742         |
| BlackRock 60/40 Target Allocation Fund                       | 811-22061         |
| BlackRock Advantage Large Cap Core Fund                      | 811-09637         |
| BlackRock Sustainable High Yield Bond Fund                   | 811-23339         |
| BlackRock Managed Income Fund                                | 811-22061         |
| iShares Health Innovation Active ETF                         | 811-23402         |
| iShares Floating Rate Loan Active ETF                        | 811-23511         |
| BlackRock Unconstrained Equity Fund                          | 811-21759         |
| BlackRock Sustainable Advantage Emerging Markets Equity Fund | 811-05742         |
| BATS: Series M Portfolio                                     | 811-21457         |
| iShares Total Return Active ETF                              | 811-23511         |
| BlackRock LifePath ESG Index 2040 Fund                       | 811-07332         |
| BlackRock S&P 500 Index V.I. Fund                            | 811-03290         |
| BlackRock Retirement Income 2040 Fund                        | 811-22061         |
| iShares Advantage Large Cap Income ETF                       | 811-23402         |
| Total International Ex U.S. Index Master Portfolio           | 811-08162         |
| BlackRock Floating Rate Income Portfolio                     | 811-23339         |
| BlackRock LifePath Index 2065 Fund                           | 811-07332         |
| BlackRock Advantage Small Cap Core Fund                      | 811-05742         |
| BlackRock Managed Volatility V.I. Fund                       | 811-03290         |
| BlackRock LifePath Index 2030 Fund                           | 811-07332         |
| BlackRock Sustainable Emerging Markets Equity Fund           | 811-02661         |
| iShares International Country Rotation Active ETF            | 811-23402         |
| iShares High Yield Active ETF                                | 811-23511         |
| BlackRock Mid-Cap Growth Equity Portfolio                    | 811-05742         |
| BlackRock International Index V.I. Fund                      | 811-03290         |
| S&P 500 Index Master Portfolio                               | 811-08162         |
| BlackRock LifePath Dynamic 2065 Fund                         | 811-07332         |
| BlackRock Retirement Income 2030 Fund                        | 811-22061         |
| BlackRock Emerging Markets ex-China Fund                     | 811-05742         |
| BlackRock LifePath Index 2060 Fund                           | 811-07332         |
| BATS: Series P Portfolio                                     | 811-21457         |
| BlackRock LifePath Dynamic 2040 Fund                         | 811-07332         |
| BlackRock Balanced Portfolio                                 | 811-03091         |
| BlackRock Large Cap Focus Growth Fund, Inc.                  | 811-09651         |
| BlackRock LifePath ESG Index 2045 Fund                       | 811-07332         |
| BlackRock High Yield Portfolio                               | 811-23345         |
| BlackRock Short Duration Muni Fund                           | 811-02688         |
| BlackRock Advantage Large Cap Value Fund                     | 811-09637         |
| BlackRock International V.I. Fund                            | 811-03290         |
| BlackRock Energy Opportunities Fund                          | 811-05742         |
| BlackRock Basic Value V.I. Fund                              | 811-03290         |
| BlackRock Global Dividend Portfolio                          | 811-22061         |
| BATS: Series C Portfolio                                     | 811-21457         |
| BlackRock Short Obligations Fund                             | 811-05742         |
| BlackRock New York Municipal Opportunities Fund              | 811-04375         |
| iShares Russell Mid-Cap Index Fund                           | 811-05742         |
| BlackRock Real Estate Securities Fund                        | 811-05742         |
| BlackRock Mid-Cap Value Fund                                 | 811-07177         |
| iShares U.S. Long Government Bond Index Fund                 | 811-05742         |
| iShares U.S. Equity Factor Rotation Active ETF               | 811-23402         |
| BlackRock Advantage Large Cap Value V.I. Fund                | 811-03290         |
| iShares U.S. Securitized Bond Index Fund                     | 811-05742         |
| iShares Flexible Income Active ETF                           | 811-23511         |
| BlackRock High Yield V.I. Fund                               | 811-23346         |
| Master Small Cap Index Series                                | 811-07885         |
| BlackRock Natural Resources Trust                            | 811-04282         |
| iShares Short-Term California Muni Active ETF                | 811-23511         |
| BlackRock California Municipal Opportunities Fund            | 811-04264         |
| iShares High Yield Muni Income Active ETF                    | 811-23511         |
| BlackRock Advantage Emerging Markets Fund                    | 811-05742         |
| BATS: Series E Portfolio                                     | 811-21457         |
| BlackRock LifePath Dynamic Retirement Fund                   | 811-07332         |
| iShares Large Cap Core Active ETF                            | 811-23402         |
| BlackRock Credit Relative Value Fund                         | 811-23341         |
| BlackRock Large Cap Focus Value Fund, Inc.                   | 811-02739         |
| BlackRock Global Equity Market Neutral Fund                  | 811-05742         |
| BlackRock Advantage Large Cap Core Portfolio                 | 811-03091         |
| BlackRock Strategic Municipal Opportunities Fund             | 811-04802         |
| BlackRock Advantage SMID Cap Fund, Inc.                      | 811-02809         |
| BlackRock International Select Equity Fund                   | 811-04612         |
| iShares U.S. Thematic Rotation Active ETF                    | 811-23402         |
| BlackRock LifePath Index 2035 Fund                           | 811-07332         |
| BlackRock LifePath Dynamic 2045 Fund                         | 811-07332         |
| iShares Developed Real Estate Index Fund                     | 811-05742         |
| BlackRock Global Allocation Fund, Inc.                       | 811-05576         |
| iShares High Yield Muni Active ETF                           | 811-23511         |
| BlackRock Defensive Advantage Emerging Markets Fund          | 811-05742         |
| BlackRock Advantage International Fund                       | 811-05742         |
| BlackRock Event Driven Equity Fund                           | 811-09637         |
| BlackRock New Jersey Municipal Bond Fund                     | 811-04375         |
| BlackRock Impact Municipal Fund                              | 811-02688         |
| BlackRock Advantage SMID Cap V.I. Fund                       | 811-03290         |
| iShares U.S. Industry Rotation Active ETF                    | 811-23402         |
| BATS: Series A Portfolio                                     | 811-21457         |
| BlackRock U.S. Carbon Transition Readiness ETF               | 811-23402         |
| iShares FinTech Active ETF                                   | 811-23402         |
| BlackRock GA Disciplined Volatility Equity Fund              | 811-21763         |
| iShares Enhanced Short-Term Bond Active ETF                  | 811-23402         |
| BlackRock Diversified Fixed Income Fund                      | 811-07332         |
| iShares Intermediate Muni Income Active ETF                  | 811-23511         |
| BlackRock LifePath Index 2070 Fund                           | 811-07332         |
| BlackRock Systematic Multi-Strategy Fund                     | 811-23341         |
| BlackRock World ex U.S. Carbon Transition Readiness ETF      | 811-23402         |
| BlackRock Allocation Target Shares: Series I Portfolio       | 811-21457         |
| BlackRock Mortgage-Backed Securities Fund                    | 811-23339         |
| BlackRock Global Allocation Portfolio                        | 811-03091         |
| iShares Large Cap Growth Active ETF                          | 811-23402         |
| BlackRock SMID-Cap Growth Equity Fund                        | 811-05742         |
| BlackRock Capital Appreciation V.I. Fund                     | 811-03290         |
| BlackRock Sustainable Advantage International Equity Fund    | 811-05742         |
| BlackRock Multi-Asset Income Portfolio                       | 811-22061         |
| BlackRock Sustainable Advantage Large Cap Core Fund          | 811-05742         |
| BlackRock Pennsylvania Municipal Bond Fund                   | 811-04375         |
| iShares Municipal Bond Index Fund                            | 811-05742         |
| BlackRock Small Cap Index V.I. Fund                          | 811-03290         |
| iShares U.S. Select Equity Active ETF                        | 811-23402         |
| BlackRock LifePath Index 2055 Fund                           | 811-07332         |
| BlackRock Advantage Global Fund, Inc.                        | 811-07171         |
| BlackRock LifePath Index 2050 Fund                           | 811-07332         |
| BlackRock High Equity Income Fund                            | 811-05742         |
| International Tilts Master Portfolio                         | 811-08162         |
| BlackRock 20/80 Target Allocation Fund                       | 811-22061         |
| iShares AAA CLO Active ETF                                   | 811-23511         |
| BlackRock LifePath ESG Index 2030 Fund                       | 811-07332         |
| iShares Large Cap Moderate Buffer ETF                        | 811-23511         |
| BlackRock Capital Appreciation Portfolio                     | 811-03091         |
| Diversified Equity Master Portfolio                          | 811-08162         |
| BlackRock 60/40 Target Allocation ETF V.I. Fund              | 811-03290         |
| iShares Large Cap Value Active ETF                           | 811-23402         |
| BlackRock LifePath ESG Index 2070 Fund                       | 811-07332         |
| BlackRock Emerging Markets Fund, Inc.                        | 811-05723         |
| iShares U.S. Intermediate Government Bond Index Fund         | 811-05742         |
| iShares U.S. Intermediate Credit Bond Index Fund             | 811-05742         |
| BlackRock Large Cap Focus Growth V.I. Fund                   | 811-03290         |
| iShares Large Cap Deep Buffer ETF                            | 811-23511         |
| BlackRock Technology Opportunities Fund                      | 811-05742         |
| BlackRock Total Return Fund                                  | 811-02857         |
| iShares Russell Small/Mid-Cap Index Fund                     | 811-05742         |
| BlackRock Sustainable Total Return Fund                      | 811-02857         |
| BlackRock U.S. Insights Long/Short Equity Fund               | 811-05742         |
| iShares FTSE NAREIT All Equity REIT Index Fund               | 811-05742         |
| BlackRock LifePath ESG Index 2060 Fund                       | 811-07332         |
| BlackRock LifePath Dynamic 2050 Fund                         | 811-07332         |
| Advantage CoreAlpha Bond Master Portfolio                    | 811-23343         |
| BlackRock LifePath Dynamic 2070 Fund                         | 811-07332         |
| BlackRock Advantage Large Cap Core V.I. Fund                 | 811-03290         |
| BlackRock LifePath Index 2040 Fund                           | 811-07332         |
| iShares U.S. Long Credit Bond Index Fund                     | 811-05742         |
| U.S. Total Bond Index Master Portfolio                       | 811-08162         |
| BlackRock Advantage Small Cap Growth Fund                    | 811-05742         |
| BlackRock LifePath ESG Index 2055 Fund                       | 811-07332         |
| iShares Short-Term TIPS Bond Index Fund                      | 811-05742         |
| BlackRock LifePath ESG Index 2035 Fund                       | 811-07332         |
| BlackRock LifePath Dynamic 2030 Fund                         | 811-07332         |
| BlackRock U.S. Mortgage Portfolio                            | 811-23340         |
| BlackRock LifePath Dynamic 2060 Fund                         | 811-07332         |
| iShares A.I. Innovation and Tech Active ETF                  | 811-23402         |
| BlackRock China A Opportunities Fund                         | 811-05742         |
| BlackRock Total Return V.I. Fund                             | 811-23346         |
| iShares Total U.S. Stock Market Index Fund                   | 811-05742         |
| iShares MSCI EAFE International Index Fund                   | 811-07899         |
| iShares BBB-B CLO Active ETF                                 | 811-23511         |
| BlackRock High Yield Portfolio                               | 811-23339         |
| iShares Technology Opportunities Active ETF                  | 811-23402         |
| BlackRock Strategic Income Opportunities Portfolio           | 811-23339         |
| BlackRock Global Allocation V.I. Fund                        | 811-03290         |
| BATS: Series S Portfolio                                     | 811-21457         |
| Large Cap Index Master Portfolio                             | 811-08162         |
| BlackRock LifePath Dynamic 2055 Fund                         | 811-07332         |
| BlackRock Exchange Portfolio                                 | 811-05742         |
| BlackRock Commodity Strategies Fund                          | 811-05742         |
| BlackRock LifePath ESG Index 2065 Fund                       | 811-07332         |
| BlackRock GA Dynamic Equity Fund                             | 811-21763         |
| BlackRock LifePath Dynamic 2035 Fund                         | 811-07332         |
| BlackRock 80/20 Target Allocation Fund                       | 811-22061         |
| BlackRock Inflation Protected Bond Portfolio                 | 811-23339         |
| BlackRock Balanced Fund, Inc.                                | 811-02405         |
| BATS: Series V Portfolio                                     | 811-21457         |
| iShares Managed Futures Active ETF                           | 811-23402         |
| BlackRock International Fund                                 | 811-08797         |
| BlackRock Income Fund                                        | 811-23339         |
| BlackRock Tactical Opportunities Fund                        | 811-05742         |
| BlackRock Impact Mortgage Fund                               | 811-23339         |
| BlackRock Core Bond Portfolio                                | 811-23339         |
| BlackRock National Municipal Fund                            | 811-02688         |
| BlackRock Sustainable Aware Advantage Global Equity Fund     | 811-05742         |
| BlackRock Advantage Large Cap Growth Fund                    | 811-05742         |
| BlackRock Dynamic High Income Portfolio                      | 811-22061         |
| BlackRock LifePath Index 2045 Fund                           | 811-07332         |
| BlackRock LifePath ESG Index Retirement Fund                 | 811-07332         |
| BlackRock Equity Dividend V.I. Fund                          | 811-03290         |
| BlackRock Low Duration Bond Portfolio                        | 811-23339         |
| BlackRock Capital Appreciation Fund, Inc.                    | 811-06669         |
| BlackRock 40/60 Target Allocation Fund                       | 811-22061         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

### Management Investment Record: 2 - iShares Long-Term U.S. Equity Active ETF

**Item C.1. Background information.**

- **a. Full Name of the Fund:** iShares Long-Term U.S. Equity Active ETF

- **b. Series identification number, if any:** S000085065

- **c. LEI:** 529900XFG2KU8PN55Z92

- **d. Is this the first filing on this form by the Fund?:** Yes

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 0

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class                    | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | iShares Long-Term U.S. Equity Active ETF | C000249928                                | N/A                          |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [x] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [ ] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** Yes

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

- **b. Did the Fund lend any of its securities during the reporting period?** Yes

  - **i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:**

    - **1. The Fund (or it securities lending agent) liquidated collateral pledged to secure the loaned securities?** No

    - **2. The Fund was otherwise adversely impacted?** No

**c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:**

**Securities Lending Record: 1**

- **i. Full name of securities lending agent:** BlackRock Institutional Trust Company, National Association

- **ii. LEI, if any:** 549300RK1FB0VMTPD087

- **iii. Is the securities lending agent an affiliated person...?** Yes

- **iv. Does the securities lending agent... indemnify the Fund against borrower default?** Yes

- **v. If the entity providing the indemnification is not the securities lending agent, provide the following information:**

  **Idemnity Providers Record: 1**

  - **1. Name of person providing indemnification:** —

  - **2. LEI, if any:** —

- **vi. Did the Fund exercise its indemnification rights during the reporting period?** No

**d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:**

**Collateral Managers Record: 1**

- **i. Full name of cash collateral manager:** BlackRock Fund Advisors

- **ii. LEI, if any:** 549300YOOGP0Y1M95C20

- **iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund??** Yes

- **iv. Is the cash collateral manager an affiliated person of the Fund?** Yes

**e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):**

- [x] Revenue sharing split

- [ ] Fee-based revenue split (other than administrative fee)

- [ ] Administrative fee

- [x] Cash collateral reinvestment fee

- [ ] Indemnification fee

- [x] Other

- [ ] N/A

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** $29,967.27

- **g. Provide the net income from securities lending activities:** $88.00

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 12d1-4 (17 CFR 270.12d1-4)

- Rule 18f-4 (17 CFR 270.18f-4)

- Rule 12d1-1 (17 CFR 270.12d1-1)

- Rule 6c-11 (17 CFR 270.6c-11)

- Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))

- Rule 32a-4 (17 CFR 270.32a-4)

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** Yes

- **b. Were any expenses reduced or waived?** Yes

- **c. Are the fees waived subject to recoupment?** No

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** BlackRock Fund Advisors

- **ii. SEC file number:** 801-22609

- **iii. CRD number:** 000105247

- **iv. LEI, if any:** 549300YOOGP0Y1M95C20

- **v. State, if applicable:** CA

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.9.b. Sub-advisers.**

**Sub-adviser Record: 1**

- **i. Full name:** BlackRock International Limited

- **ii. SEC file number:** 801-51087

- **iii. CRD number:** 000106843

- **iv. LEI, if any:** 5493008YUGP5E01IBD70

- **v. Is the sub-adviser an affiliated person?:** Yes

- **vi. Foreign country, if applicable:** GB

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. SEC file number:** 85-05003

- **iii. LEI, if any:** 571474TGEMMWANRLN572

- **iv. State, if applicable:** MA

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** No

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** Bloomberg L.P.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300B56MD0ZC402L06

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** S&P Global Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** Y6X4K52KMJMZE7I7MY94

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** ICE Data Services, Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** 13-3668779

- **Description of other identifying number:** Tax ID

- **iii. State, if applicable:** GA

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** London Stock Exchange Group PLC

- **ii. LEI, if any, or provide and describe other identifying number:** 213800QAUUUP6I445N30

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** State Street Trust Company Canada

- **ii. LEI, if any:** 549300L71XG2CTQ2V827

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 2**

- **i. Full name:** Intesa Sanpaolo S.p.A.

- **ii. LEI, if any:** 2W8N8UU78PMDQKZENC08

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 3**

- **i. Full name:** Skandinaviska Enskilda Banken AB

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 4**

- **i. Full name:** Bank Handlowy w Warszawie Spolka Akcyjna

- **ii. LEI, if any:** XLEZHWWOI4HFQDGL4793

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 5**

- **i. Full name:** BNP Paribas

- **ii. LEI, if any:** R0MUWSFPU8MPRO8K5P83

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 6**

- **i. Full name:** Skandinaviska Enskilda Banken AB (Copenhagen, Hovedstaden, DK, Branch)

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 7**

- **i. Full name:** State Street Bank International GmbH

- **ii. LEI, if any:** ZMHGNT7ZPKZ3UFZ8EO46

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 8**

- **i. Full name:** Royal Bank of Canada

- **ii. LEI, if any:** ES7IP3U3RHIGC71XBU11

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 9**

- **i. Full name:** BNP Paribas Securities Corp.

- **ii. LEI, if any:** RCNB6OTYUAMMP879YW96

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6)

**Custodians Record: 10**

- **i. Full name:** Citibank Europe Public Limited Company

- **ii. LEI, if any:** N1FBEDJ5J41VKZLO2475

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 11**

- **i. Full name:** UniCredit Bank Austria AG

- **ii. LEI, if any:** D1HEB8VEU6D9M8ZUXG17

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 12**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited (Sydney, NSW, AU, Branch)

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 13**

- **i. Full name:** State Street Bank and Trust Company (Edinburgh, GB, Branch)

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 14**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 15**

- **i. Full name:** Euroclear Bank

- **ii. LEI, if any:** 549300OZ46BRLZ8Y6F65

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)

**Custodians Record: 16**

- **i. Full name:** Mizuho Bank, Ltd. (Minato ku, Tokyo, JP, Branch)

- **ii. LEI, if any:** RB0PEZSDGCO3JS6CEU02

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 17**

- **i. Full name:** Skandinaviska Enskilda Banken AB (Helsinki, Uusimaa, FI, Branch)

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 18**

- **i. Full name:** UBS Switzerland AG

- **ii. LEI, if any:** 549300WOIFUSNYH0FL22

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 19**

- **i. Full name:** Skandinaviska Enskilda Banken AB (Oslo, Oslo, NO, Branch)

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

No Shareholder Servicing Agents reported.

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any, or other identifying number:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the administrator a sub-administrator?:** No

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

**Broker Dealers Record: 1**

- **a. Full name:** BlackRock Execution Services

- **b. SEC file number:** 8-48719

- **c. CRD number:** 000039438

- **d. LEI, if any:** 549300HFCRQ0NT5KY652

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Broker Dealers Record: 2**

- **a. Full name:** BlackRock Investments, LLC

- **b. SEC file number:** 8-48436

- **c. CRD number:** 000038642

- **d. LEI, if any:** 54930061FBHCKXL2G714

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Item C.16. Brokers.**

**a. For each of the ten brokers that received the largest dollar amount of brokerage commissions...**

**Brokers Record: 1**

- **i. Full name of broker:** BofA Securities, Inc.

- **ii. SEC file number:** 8-69787

- **iii. CRD number:** 000283942

- **iv. LEI, if any:** 549300HN4UKV1E2R3U73

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $36.03

**Brokers Record: 2**

- **i. Full name of broker:** Goldman Sachs & Co. LLC

- **ii. SEC file number:** 8-129

- **iii. CRD number:** 000000361

- **iv. LEI, if any:** FOR8UP27PHTHYVLBNG30

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $46.79

**Brokers Record: 3**

- **i. Full name of broker:** Morgan Stanley & Co. LLC

- **ii. SEC file number:** 8-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $105.70

**Brokers Record: 4**

- **i. Full name of broker:** Jefferies LLC

- **ii. SEC file number:** 8-15074

- **iii. CRD number:** 000002347

- **iv. LEI, if any:** 58PU97L1C0WSRCWADL48

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $9.10

**Brokers Record: 5**

- **i. Full name of broker:** Cowen and Company, LLC

- **ii. SEC file number:** 8-22522

- **iii. CRD number:** 000007616

- **iv. LEI, if any:** 549300WR155U7DVMIW58

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $1.24

**Brokers Record: 6**

- **i. Full name of broker:** BNP Paribas Securities Corp.

- **ii. SEC file number:** 8-32682

- **iii. CRD number:** 000015794

- **iv. LEI, if any:** RCNB6OTYUAMMP879YW96

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $9.60

**Brokers Record: 7**

- **i. Full name of broker:** J.P. Morgan Securities LLC

- **ii. SEC file number:** 8-35008

- **iii. CRD number:** 000000079

- **iv. LEI, if any:** ZBUT11V806EZRVTWT807

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $11.21

**Brokers Record: 8**

- **i. Full name of broker:** Citigroup Global Markets Inc.

- **ii. SEC file number:** 8-8177

- **iii. CRD number:** 000007059

- **iv. LEI, if any:** MBNUM2BPBDO7JBLYG310

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $61.83

**Aggregate Commission:** $281.50

**Item C.17.a. Principal transaction counterparties.**

| Name                                                 | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| BofA Securities, Inc.                                | 8-69787           | 000283942    | 549300HN4UKV1E2R3U73 | NY      | US        | $8,970,866.64             |
| Citadel Securities LLC                               | 8-53574           | 000116797    | 12UUJYTN7D3SW8KCSG25 | FL      | US        | $626,513.70               |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | N/A               | N/A          | 5493005PQV5UQG4OSI49 | DE      | US        | $1,480,000.00             |
| Virtu Americas LLC                                   | 8-68193           | 000149823    | 549300RA02N3BNSWBV74 | NY      | US        | $4,587,243.44             |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $15,664,623.78

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.a - Fund's monthly average net assets:** $9,357,459.29

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $1,750,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** Royal Bank of Canada

  - **Line Institutions Record: 2 Name of institution:** State Street Bank and Trust Company

  - **Line Institutions Record: 3 Name of institution:** Banco Bilbao Vizcaya Argentaria, S.A. New York Branch

  - **Line Institutions Record: 4 Name of institution:** Deutsche Bank AG New York Branch

  - **Line Institutions Record: 5 Name of institution:** JPMorgan Chase Bank, N.A.

  - **Line Institutions Record: 6 Name of institution:** Wells Fargo Bank, N.A.

  - **Line Institutions Record: 7 Name of institution:** Mizuho Bank, Ltd.

  - **Line Institutions Record: 8 Name of institution:** Morgan Stanley Bank, N.A.

  - **Line Institutions Record: 9 Name of institution:** The Northern Trust Co.

  - **Line Institutions Record: 10 Name of institution:** Barclays Bank PLC

  - **Line Institutions Record: 11 Name of institution:** Goldman Sachs Bank USA

  - **Line Institutions Record: 12 Name of institution:** MUFG Bank, Ltd.

  - **Line Institutions Record: 13 Name of institution:** Standard Chartered Bank

  - **Line Institutions Record: 14 Name of institution:** BNP Paribas

  - **Line Institutions Record: 15 Name of institution:** Bank of Montreal

  - **Line Institutions Record: 16 Name of institution:** Brown Brothers Harriman & Co.

  - **Line Institutions Record: 17 Name of institution:** The Toronto-Dominion Bank, New York Branch

  - **Line Institutions Record: 18 Name of institution:** Societe Generale

  - **Line Institutions Record: 19 Name of institution:** Bank of America, N.A.

  - **Line Institutions Record: 20 Name of institution:** The Bank of New York Mellon

  - **Line Institutions Record: 21 Name of institution:** Citibank, N.A.

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                                 | SEC File number   |
|:---|:---|
| BlackRock LifePath ESG Index 2070 Fund                       | 811-07332         |
| BlackRock High Yield Portfolio                               | 811-23345         |
| BlackRock 20/80 Target Allocation Fund                       | 811-22061         |
| BlackRock Pennsylvania Municipal Bond Fund                   | 811-04375         |
| BlackRock Advantage Emerging Markets Fund                    | 811-05742         |
| BlackRock Impact Mortgage Fund                               | 811-23339         |
| BlackRock International V.I. Fund                            | 811-03290         |
| BlackRock Mid-Cap Growth Equity Portfolio                    | 811-05742         |
| BlackRock Energy Opportunities Fund                          | 811-05742         |
| BlackRock 80/20 Target Allocation Fund                       | 811-22061         |
| BlackRock LifePath Index 2055 Fund                           | 811-07332         |
| BlackRock Capital Appreciation Portfolio                     | 811-03091         |
| BATS: Series A Portfolio                                     | 811-21457         |
| BlackRock Global Dividend Portfolio                          | 811-22061         |
| BlackRock Advantage Large Cap Core V.I. Fund                 | 811-03290         |
| BlackRock High Equity Income Fund                            | 811-05742         |
| iShares FinTech Active ETF                                   | 811-23402         |
| BlackRock Health Sciences Opportunities Portfolio            | 811-05742         |
| iShares High Yield Active ETF                                | 811-23511         |
| BlackRock Unconstrained Equity Fund                          | 811-21759         |
| BlackRock Exchange Portfolio                                 | 811-05742         |
| BlackRock Advantage Large Cap Value V.I. Fund                | 811-03290         |
| iShares Enhanced Roll Yield Index Fund                       | 811-05742         |
| iShares U.S. Intermediate Credit Bond Index Fund             | 811-05742         |
| iShares Russell Small/Mid-Cap Index Fund                     | 811-05742         |
| BlackRock LifePath Index 2060 Fund                           | 811-07332         |
| Advantage CoreAlpha Bond Master Portfolio                    | 811-23343         |
| BlackRock Dynamic High Income Portfolio                      | 811-22061         |
| BlackRock 60/40 Target Allocation ETF V.I. Fund              | 811-03290         |
| BlackRock High Yield V.I. Fund                               | 811-23346         |
| BlackRock Sustainable Aware Advantage Global Equity Fund     | 811-05742         |
| BATS: Series V Portfolio                                     | 811-21457         |
| BlackRock Strategic Income Opportunities Portfolio           | 811-23339         |
| Total International Ex U.S. Index Master Portfolio           | 811-08162         |
| BlackRock Event Driven Equity Fund                           | 811-09637         |
| BlackRock LifePath ESG Index 2050 Fund                       | 811-07332         |
| Large Cap Index Master Portfolio                             | 811-08162         |
| iShares Municipal Bond Index Fund                            | 811-05742         |
| BlackRock Equity Dividend Fund                               | 811-05178         |
| BlackRock International Select Equity Fund                   | 811-04612         |
| BlackRock Emerging Markets ex-China Fund                     | 811-05742         |
| BlackRock Total Return Fund                                  | 811-02857         |
| BlackRock 40/60 Target Allocation Fund                       | 811-22061         |
| iShares High Yield Muni Income Active ETF                    | 811-23511         |
| BlackRock World ex U.S. Carbon Transition Readiness ETF      | 811-23402         |
| iShares Short-Term California Muni Active ETF                | 811-23511         |
| BlackRock Advantage SMID Cap Fund, Inc.                      | 811-02809         |
| iShares Intermediate Muni Income Active ETF                  | 811-23511         |
| BlackRock Capital Appreciation Fund, Inc.                    | 811-06669         |
| BATS: Series P Portfolio                                     | 811-21457         |
| BlackRock Commodity Strategies Fund                          | 811-05742         |
| BlackRock LifePath ESG Index 2045 Fund                       | 811-07332         |
| Diversified Equity Master Portfolio                          | 811-08162         |
| BlackRock Emerging Markets Fund, Inc.                        | 811-05723         |
| BlackRock Total Return V.I. Fund                             | 811-23346         |
| S&P 500 Index Master Portfolio                               | 811-08162         |
| BlackRock High Yield Portfolio                               | 811-23339         |
| BlackRock Large Cap Focus Growth Fund, Inc.                  | 811-09651         |
| U.S. Total Bond Index Master Portfolio                       | 811-08162         |
| iShares Developed Real Estate Index Fund                     | 811-05742         |
| BlackRock LifePath Dynamic 2070 Fund                         | 811-07332         |
| BlackRock International Fund                                 | 811-08797         |
| iShares FTSE NAREIT All Equity REIT Index Fund               | 811-05742         |
| BlackRock LifePath ESG Index 2055 Fund                       | 811-07332         |
| BlackRock LifePath Dynamic 2065 Fund                         | 811-07332         |
| BlackRock LifePath Index 2050 Fund                           | 811-07332         |
| BlackRock U.S. Insights Long/Short Equity Fund               | 811-05742         |
| BlackRock Managed Income Fund                                | 811-22061         |
| BlackRock LifePath Dynamic 2040 Fund                         | 811-07332         |
| BlackRock Credit Relative Value Fund                         | 811-23341         |
| iShares BBB-B CLO Active ETF                                 | 811-23511         |
| BlackRock Global Equity Market Neutral Fund                  | 811-05742         |
| BlackRock Advantage Large Cap Growth Fund                    | 811-05742         |
| BlackRock LifePath ESG Index 2060 Fund                       | 811-07332         |
| BlackRock Large Cap Focus Growth V.I. Fund                   | 811-03290         |
| BlackRock Short Obligations Fund                             | 811-05742         |
| BlackRock Inflation Protected Bond Portfolio                 | 811-23339         |
| International Tilts Master Portfolio                         | 811-08162         |
| Master Small Cap Index Series                                | 811-07885         |
| iShares International Country Rotation Active ETF            | 811-23402         |
| BlackRock Advantage International Fund                       | 811-05742         |
| iShares High Yield Muni Active ETF                           | 811-23511         |
| BATS: Series S Portfolio                                     | 811-21457         |
| BlackRock Basic Value V.I. Fund                              | 811-03290         |
| BlackRock Sustainable Advantage Emerging Markets Equity Fund | 811-05742         |
| BlackRock LifePath Dynamic 2060 Fund                         | 811-07332         |
| iShares Flexible Income Active ETF                           | 811-23511         |
| BlackRock Advantage Large Cap Core Fund                      | 811-09637         |
| iShares Large Cap Growth Active ETF                          | 811-23402         |
| BlackRock Equity Dividend V.I. Fund                          | 811-03290         |
| iShares Advantage Large Cap Income ETF                       | 811-23402         |
| BlackRock Diversified Fixed Income Fund                      | 811-07332         |
| BlackRock Global Allocation Portfolio                        | 811-03091         |
| BlackRock LifePath ESG Index 2065 Fund                       | 811-07332         |
| BlackRock Sustainable Advantage Large Cap Core Fund          | 811-05742         |
| iShares U.S. Securitized Bond Index Fund                     | 811-05742         |
| BlackRock Global Allocation V.I. Fund                        | 811-03290         |
| BlackRock LifePath Dynamic Retirement Fund                   | 811-07332         |
| BlackRock Advantage Small Cap Growth Fund                    | 811-05742         |
| iShares Russell Mid-Cap Index Fund                           | 811-05742         |
| iShares U.S. Industry Rotation Active ETF                    | 811-23402         |
| iShares Enhanced Short-Term Bond Active ETF                  | 811-23402         |
| BlackRock Capital Appreciation V.I. Fund                     | 811-03290         |
| BlackRock Advantage Global Fund, Inc.                        | 811-07171         |
| BlackRock SMID-Cap Growth Equity Fund                        | 811-05742         |
| BlackRock Impact Municipal Fund                              | 811-02688         |
| BlackRock New Jersey Municipal Bond Fund                     | 811-04375         |
| BlackRock International Index V.I. Fund                      | 811-03290         |
| iShares Large Cap Value Active ETF                           | 811-23402         |
| BlackRock Strategic Global Bond Fund, Inc.                   | 811-05603         |
| BlackRock Core Bond Portfolio                                | 811-23339         |
| BlackRock New York Municipal Opportunities Fund              | 811-04375         |
| BlackRock LifePath Index 2040 Fund                           | 811-07332         |
| BlackRock LifePath Dynamic 2050 Fund                         | 811-07332         |
| BlackRock LifePath ESG Index 2040 Fund                       | 811-07332         |
| BlackRock Multi-Asset Income Portfolio                       | 811-22061         |
| BlackRock GA Disciplined Volatility Equity Fund              | 811-21763         |
| BlackRock Mid-Cap Value Fund                                 | 811-07177         |
| BlackRock Balanced Portfolio                                 | 811-03091         |
| BlackRock U.S. Mortgage Portfolio                            | 811-23340         |
| BATS: Series M Portfolio                                     | 811-21457         |
| iShares Total Return Active ETF                              | 811-23511         |
| BlackRock S&P 500 Index V.I. Fund                            | 811-03290         |
| BlackRock LifePath Index 2065 Fund                           | 811-07332         |
| BlackRock Income Fund                                        | 811-23339         |
| BlackRock Strategic Municipal Opportunities Fund             | 811-04802         |
| iShares Total U.S. Stock Market Index Fund                   | 811-05742         |
| BlackRock Defensive Advantage Emerging Markets Fund          | 811-05742         |
| BlackRock U.S. Carbon Transition Readiness ETF               | 811-23402         |
| BlackRock Managed Volatility V.I. Fund                       | 811-03290         |
| BlackRock Technology Opportunities Fund                      | 811-05742         |
| BlackRock Sustainable Total Return Fund                      | 811-02857         |
| BlackRock LifePath ESG Index 2035 Fund                       | 811-07332         |
| BlackRock LifePath Dynamic 2055 Fund                         | 811-07332         |
| BlackRock California Municipal Opportunities Fund            | 811-04264         |
| BlackRock Balanced Fund, Inc.                                | 811-02405         |
| BlackRock LifePath Index Retirement Fund                     | 811-07332         |
| BlackRock Advantage SMID Cap V.I. Fund                       | 811-03290         |
| BlackRock Global Allocation Fund, Inc.                       | 811-05576         |
| BlackRock Retirement Income 2030 Fund                        | 811-22061         |
| BlackRock National Municipal Fund                            | 811-02688         |
| BlackRock Sustainable Advantage International Equity Fund    | 811-05742         |
| BlackRock Sustainable High Yield Bond Fund                   | 811-23339         |
| iShares MSCI EAFE International Index Fund                   | 811-07899         |
| BlackRock Systematic Multi-Strategy Fund                     | 811-23341         |
| iShares Floating Rate Loan Active ETF                        | 811-23511         |
| BlackRock Allocation Target Shares: Series I Portfolio       | 811-21457         |
| BlackRock LifePath Index 2035 Fund                           | 811-07332         |
| BlackRock Advantage Large Cap Core Portfolio                 | 811-03091         |
| BlackRock Short Duration Muni Fund                           | 811-02688         |
| BlackRock LifePath Dynamic 2035 Fund                         | 811-07332         |
| BlackRock LifePath Dynamic 2030 Fund                         | 811-07332         |
| iShares Short-Term TIPS Bond Index Fund                      | 811-05742         |
| iShares U.S. Intermediate Government Bond Index Fund         | 811-05742         |
| iShares U.S. Equity Factor Rotation Active ETF               | 811-23402         |
| BlackRock Advantage Small Cap Core Fund                      | 811-05742         |
| BlackRock China A Opportunities Fund                         | 811-05742         |
| BlackRock Real Estate Securities Fund                        | 811-05742         |
| BlackRock Floating Rate Income Portfolio                     | 811-23339         |
| BlackRock Small Cap Index V.I. Fund                          | 811-03290         |
| iShares AAA CLO Active ETF                                   | 811-23511         |
| BATS: Series E Portfolio                                     | 811-21457         |
| iShares U.S. Long Credit Bond Index Fund                     | 811-05742         |
| iShares Large Cap Moderate Buffer ETF                        | 811-23511         |
| BlackRock LifePath Index 2070 Fund                           | 811-07332         |
| BATS: Series C Portfolio                                     | 811-21457         |
| iShares Managed Futures Active ETF                           | 811-23402         |
| BlackRock Mortgage-Backed Securities Fund                    | 811-23339         |
| BlackRock LifePath Index 2045 Fund                           | 811-07332         |
| BlackRock Tactical Opportunities Fund                        | 811-05742         |
| iShares Technology Opportunities Active ETF                  | 811-23402         |
| iShares Large Cap Core Active ETF                            | 811-23402         |
| iShares A.I. Innovation and Tech Active ETF                  | 811-23402         |
| BlackRock LifePath Dynamic 2045 Fund                         | 811-07332         |
| BlackRock LifePath Index 2030 Fund                           | 811-07332         |
| BlackRock LifePath ESG Index 2030 Fund                       | 811-07332         |
| BlackRock Low Duration Bond Portfolio                        | 811-23339         |
| BlackRock Large Cap Focus Value Fund, Inc.                   | 811-02739         |
| BlackRock LifePath ESG Index Retirement Fund                 | 811-07332         |
| iShares Large Cap Deep Buffer ETF                            | 811-23511         |
| BlackRock GA Dynamic Equity Fund                             | 811-21763         |
| BlackRock Advantage Large Cap Value Fund                     | 811-09637         |
| iShares Health Innovation Active ETF                         | 811-23402         |
| BlackRock Retirement Income 2040 Fund                        | 811-22061         |
| BlackRock Sustainable Emerging Markets Equity Fund           | 811-02661         |
| BlackRock 60/40 Target Allocation Fund                       | 811-22061         |
| iShares U.S. Long Government Bond Index Fund                 | 811-05742         |
| iShares U.S. Thematic Rotation Active ETF                    | 811-23402         |
| iShares International Dividend Active ETF                    | 811-23402         |
| BlackRock Natural Resources Trust                            | 811-04282         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

### Management Investment Record: 3 - iShares Technology Opportunities Active ETF

**Item C.1. Background information.**

- **a. Full Name of the Fund:** iShares Technology Opportunities Active ETF

- **b. Series identification number, if any:** S000086269

- **c. LEI:** 529900CP2ONU3P4MXJ42

- **d. Is this the first filing on this form by the Fund?:** Yes

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 0

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class                       | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | iShares Technology Opportunities Active ETF | C000251728                                | TEK                          |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [x] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [ ] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** Yes

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

- **b. Did the Fund lend any of its securities during the reporting period?** Yes

  - **i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:**

    - **1. The Fund (or it securities lending agent) liquidated collateral pledged to secure the loaned securities?** No

    - **2. The Fund was otherwise adversely impacted?** No

**c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:**

**Securities Lending Record: 1**

- **i. Full name of securities lending agent:** BlackRock Institutional Trust Company, National Association

- **ii. LEI, if any:** 549300RK1FB0VMTPD087

- **iii. Is the securities lending agent an affiliated person...?** Yes

- **iv. Does the securities lending agent... indemnify the Fund against borrower default?** Yes

- **v. If the entity providing the indemnification is not the securities lending agent, provide the following information:**

  **Idemnity Providers Record: 1**

  - **1. Name of person providing indemnification:** —

  - **2. LEI, if any:** —

- **vi. Did the Fund exercise its indemnification rights during the reporting period?** No

**d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:**

**Collateral Managers Record: 1**

- **i. Full name of cash collateral manager:** BlackRock Fund Advisors

- **ii. LEI, if any:** 549300YOOGP0Y1M95C20

- **iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund??** Yes

- **iv. Is the cash collateral manager an affiliated person of the Fund?** Yes

**e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):**

- [x] Revenue sharing split

- [ ] Fee-based revenue split (other than administrative fee)

- [ ] Administrative fee

- [x] Cash collateral reinvestment fee

- [ ] Indemnification fee

- [x] Other

- [ ] N/A

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** $231,444.43

- **g. Provide the net income from securities lending activities:** $292.00

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 32a-4 (17 CFR 270.32a-4)

- Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))

- Rule 18f-4 (17 CFR 270.18f-4)

- Rule 18f-4(f)(17 CFR 270.18f-4(f))

- Rule 12d1-4 (17 CFR 270.12d1-4)

- Rule 12d1-1 (17 CFR 270.12d1-1)

- Rule 6c-11 (17 CFR 270.6c-11)

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** Yes

- **b. Were any expenses reduced or waived?** Yes

- **c. Are the fees waived subject to recoupment?** No

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** BlackRock Fund Advisors

- **ii. SEC file number:** 801-22609

- **iii. CRD number:** 000105247

- **iv. LEI, if any:** 549300YOOGP0Y1M95C20

- **v. State, if applicable:** CA

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. SEC file number:** 85-05003

- **iii. LEI, if any:** 571474TGEMMWANRLN572

- **iv. State, if applicable:** MA

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** No

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** London Stock Exchange Group PLC

- **ii. LEI, if any, or provide and describe other identifying number:** 213800QAUUUP6I445N30

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** S&P Global Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** Y6X4K52KMJMZE7I7MY94

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** ICE Data Services, Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** 13-3668779

- **Description of other identifying number:** Tax ID

- **iii. State, if applicable:** GA

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** Bloomberg L.P.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300B56MD0ZC402L06

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** State Street Bank International GmbH

- **ii. LEI, if any:** ZMHGNT7ZPKZ3UFZ8EO46

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 2**

- **i. Full name:** State Street Bank and Trust Company (Edinburgh, GB, Branch)

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 3**

- **i. Full name:** FirstRand Bank Limited

- **ii. LEI, if any:** ZAYQDKTCATIXF9OQY690

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 4**

- **i. Full name:** BNP Paribas

- **ii. LEI, if any:** R0MUWSFPU8MPRO8K5P83

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 5**

- **i. Full name:** BANCO CITI MEXICO S.A. INSTITUCION DE BANCA MULTIPLE, GRUPO FINANCIERO CITI MEXICO

- **ii. LEI, if any:** 529900H31AYI6WA1J534

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 6**

- **i. Full name:** Euroclear Bank

- **ii. LEI, if any:** 549300OZ46BRLZ8Y6F65

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)

**Custodians Record: 7**

- **i. Full name:** Skandinaviska Enskilda Banken AB (Copenhagen, Hovedstaden, DK, Branch)

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 8**

- **i. Full name:** Deutsche Bank Aktiengesellschaft (Makati City, Metro Manila, PH, Branch)

- **ii. LEI, if any:** 7LTWFZYICNSX8D621K86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 9**

- **i. Full name:** Skandinaviska Enskilda Banken AB (Helsinki, Uusimaa, FI, Branch)

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 10**

- **i. Full name:** BNP Paribas (Athens, Attica, GR, Branch)

- **ii. LEI, if any:** R0MUWSFPU8MPRO8K5P83

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 11**

- **i. Full name:** Bank Hapoalim B.M.

- **ii. LEI, if any:** B6ARUI4946ST4S7WOU88

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 12**

- **i. Full name:** Skandinaviska Enskilda Banken AB (Oslo, Oslo, NO, Branch)

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 13**

- **i. Full name:** UBS Switzerland AG

- **ii. LEI, if any:** 549300WOIFUSNYH0FL22

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 14**

- **i. Full name:** Citibank, National Association (Ciudad Autonoma de Buenos Aires, Ciudad Autonoma de Buenos Aires, AR, Branch)

- **ii. LEI, if any:** 579100KKDGKCFFKKF005

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 15**

- **i. Full name:** UniCredit Bank Hungary Zrt.

- **ii. LEI, if any:** Y28RT6GGYJ696PMW8T44

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 16**

- **i. Full name:** UniCredit Bank Austria AG

- **ii. LEI, if any:** D1HEB8VEU6D9M8ZUXG17

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 17**

- **i. Full name:** Citibank Europe Public Limited Company

- **ii. LEI, if any:** N1FBEDJ5J41VKZLO2475

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 18**

- **i. Full name:** Intesa Sanpaolo S.p.A.

- **ii. LEI, if any:** 2W8N8UU78PMDQKZENC08

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 19**

- **i. Full name:** Bank Handlowy w Warszawie Spolka Akcyjna

- **ii. LEI, if any:** XLEZHWWOI4HFQDGL4793

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 20**

- **i. Full name:** Deutsche Bank Aktiengesellschaft (Jakarta, Jakarta, ID, Branch)

- **ii. LEI, if any:** 7LTWFZYICNSX8D621K86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 21**

- **i. Full name:** Deutsche Bank Aktiengesellschaft (Taipei City, TW, Branch)

- **ii. LEI, if any:** 25490016G0WR60ANOK04

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 22**

- **i. Full name:** Standard Chartered Bank (Thai) Public Company Limited

- **ii. LEI, if any:** 549300O1LQYCQ7G1IM57

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 23**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 24**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited (Jung-gu, Seoul, KR, Branch)

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 25**

- **i. Full name:** Royal Bank of Canada

- **ii. LEI, if any:** ES7IP3U3RHIGC71XBU11

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 26**

- **i. Full name:** Standard Chartered Bank (Hong Kong) Limited

- **ii. LEI, if any:** X5AV1MBDXGRPX5UGMX13

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 27**

- **i. Full name:** Skandinaviska Enskilda Banken AB

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 28**

- **i. Full name:** Citibank, National Association (Sao Paulo, Sao Paulo, BR, Branch)

- **ii. LEI, if any:** E57ODZWZ7FF32TWEFA76

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 29**

- **i. Full name:** Deutsche Bank (Malaysia) Berhad

- **ii. LEI, if any:** 529900DLWFR8HK7DR278

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 30**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited (Sydney, NSW, AU, Branch)

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 31**

- **i. Full name:** Mizuho Bank, Ltd. (Minato ku, Tokyo, JP, Branch)

- **ii. LEI, if any:** RB0PEZSDGCO3JS6CEU02

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 32**

- **i. Full name:** Citibank, National Association (Singapore, SG, Branch)

- **ii. LEI, if any:** E57ODZWZ7FF32TWEFA76

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 33**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 34**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited (Auckland, Auckland, NZ, Branch)

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 35**

- **i. Full name:** SG Americas Securities, LLC

- **ii. LEI, if any:** 549300F35UE0BOM1WJ55

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6)

**Custodians Record: 36**

- **i. Full name:** State Street Trust Company Canada

- **ii. LEI, if any:** 549300L71XG2CTQ2V827

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

No Shareholder Servicing Agents reported.

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any, or other identifying number:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the administrator a sub-administrator?:** No

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

**Broker Dealers Record: 1**

- **a. Full name:** BlackRock Investments, LLC

- **b. SEC file number:** 8-48436

- **c. CRD number:** 000038642

- **d. LEI, if any:** 54930061FBHCKXL2G714

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Broker Dealers Record: 2**

- **a. Full name:** BlackRock Execution Services

- **b. SEC file number:** 8-48719

- **c. CRD number:** 000039438

- **d. LEI, if any:** 549300HFCRQ0NT5KY652

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Item C.16. Brokers.**

**a. For each of the ten brokers that received the largest dollar amount of brokerage commissions...**

**Brokers Record: 1**

- **i. Full name of broker:** BofA Securities, Inc.

- **ii. SEC file number:** 8-69787

- **iii. CRD number:** 000283942

- **iv. LEI, if any:** 549300HN4UKV1E2R3U73

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $273.28

**Brokers Record: 2**

- **i. Full name of broker:** Jefferies LLC

- **ii. SEC file number:** 8-15074

- **iii. CRD number:** 000002347

- **iv. LEI, if any:** 58PU97L1C0WSRCWADL48

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $92.01

**Brokers Record: 3**

- **i. Full name of broker:** CLSA Americas, LLC

- **ii. SEC file number:** 8-69166

- **iii. CRD number:** 000165533

- **iv. LEI, if any:** 213800M2DXATWY7JMS07

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $98.06

**Brokers Record: 4**

- **i. Full name of broker:** Cowen and Company, LLC

- **ii. SEC file number:** 8-22522

- **iii. CRD number:** 000007616

- **iv. LEI, if any:** 549300WR155U7DVMIW58

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $123.13

**Brokers Record: 5**

- **i. Full name of broker:** Goldman Sachs & Co. LLC

- **ii. SEC file number:** 8-129

- **iii. CRD number:** 000000361

- **iv. LEI, if any:** FOR8UP27PHTHYVLBNG30

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $282.52

**Brokers Record: 6**

- **i. Full name of broker:** Citigroup Global Markets Inc.

- **ii. SEC file number:** 8-8177

- **iii. CRD number:** 000007059

- **iv. LEI, if any:** MBNUM2BPBDO7JBLYG310

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $174.71

**Brokers Record: 7**

- **i. Full name of broker:** RBC Capital Markets, LLC

- **ii. SEC file number:** 8-45411

- **iii. CRD number:** 000031194

- **iv. LEI, if any:** 549300LCO2FLSSVFFR64

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $91.45

**Brokers Record: 8**

- **i. Full name of broker:** Morgan Stanley & Co. LLC

- **ii. SEC file number:** 8-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $251.10

**Brokers Record: 9**

- **i. Full name of broker:** UBS Securities LLC

- **ii. SEC file number:** 8-22651

- **iii. CRD number:** 000007654

- **iv. LEI, if any:** T6FIZBDPKLYJKFCRVK44

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $91.39

**Brokers Record: 10**

- **i. Full name of broker:** J.P. Morgan Securities LLC

- **ii. SEC file number:** 8-35008

- **iii. CRD number:** 000000079

- **iv. LEI, if any:** ZBUT11V806EZRVTWT807

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $309.68

**Aggregate Commission:** $1,990.86

**Item C.17.a. Principal transaction counterparties.**

| Name                                                 | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| Goldman Sachs & Co. LLC                              | 8-129             | 000000361    | FOR8UP27PHTHYVLBNG30 | NY      | US        | $27,855.00                |
| Mizuho Securities USA LLC                            | 8-37710           | 000019647    | 7TK5RJIZDFROZCA6XF66 | NY      | US        | $790,824.43               |
| Citigroup Global Markets Inc.                        | 8-8177            | 000007059    | MBNUM2BPBDO7JBLYG310 | NY      | US        | $23,249.24                |
| J.P. Morgan Securities LLC                           | 8-35008           | 000000079    | ZBUT11V806EZRVTWT807 | NY      | US        | $2,098,181.47             |
| BofA Securities, Inc.                                | 8-69787           | 000283942    | 549300HN4UKV1E2R3U73 | NY      | US        | $9,749,110.05             |
| BNP Paribas Securities Corp.                         | 8-32682           | 000015794    | RCNB6OTYUAMMP879YW96 | NY      | US        | $90,595.00                |
| Virtu Americas LLC                                   | 8-68193           | 000149823    | 549300RA02N3BNSWBV74 | NY      | US        | $5,795,594.95             |
| Jane Street Capital, LLC                             | 8-52275           | 000103782    | 549300ZM16HMPEPNV857 | NY      | US        | $1,907,281.33             |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | N/A               | N/A          | 5493005PQV5UQG4OSI49 | DE      | US        | $4,030,000.00             |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $24,512,691.47

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** Yes

- **Item C.19.a - Fund's monthly average net assets:** $16,530,523.17

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $1,750,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** The Toronto-Dominion Bank, New York Branch

  - **Line Institutions Record: 2 Name of institution:** Bank of America, N.A.

  - **Line Institutions Record: 3 Name of institution:** Royal Bank of Canada

  - **Line Institutions Record: 4 Name of institution:** Morgan Stanley Bank, N.A.

  - **Line Institutions Record: 5 Name of institution:** Deutsche Bank AG New York Branch

  - **Line Institutions Record: 6 Name of institution:** State Street Bank and Trust Company

  - **Line Institutions Record: 7 Name of institution:** Wells Fargo Bank, N.A.

  - **Line Institutions Record: 8 Name of institution:** Mizuho Bank, Ltd.

  - **Line Institutions Record: 9 Name of institution:** Societe Generale

  - **Line Institutions Record: 10 Name of institution:** Brown Brothers Harriman & Co.

  - **Line Institutions Record: 11 Name of institution:** Banco Bilbao Vizcaya Argentaria, S.A. New York Branch

  - **Line Institutions Record: 12 Name of institution:** Goldman Sachs Bank USA

  - **Line Institutions Record: 13 Name of institution:** JPMorgan Chase Bank, N.A.

  - **Line Institutions Record: 14 Name of institution:** Barclays Bank PLC

  - **Line Institutions Record: 15 Name of institution:** BNP Paribas

  - **Line Institutions Record: 16 Name of institution:** The Bank of New York Mellon

  - **Line Institutions Record: 17 Name of institution:** The Northern Trust Co.

  - **Line Institutions Record: 18 Name of institution:** Bank of Montreal

  - **Line Institutions Record: 19 Name of institution:** Standard Chartered Bank

  - **Line Institutions Record: 20 Name of institution:** MUFG Bank, Ltd.

  - **Line Institutions Record: 21 Name of institution:** Citibank, N.A.

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                                 | SEC File number   |
|:---|:---|
| BlackRock Inflation Protected Bond Portfolio                 | 811-23339         |
| BlackRock Balanced Fund, Inc.                                | 811-02405         |
| BlackRock U.S. Carbon Transition Readiness ETF               | 811-23402         |
| BlackRock GA Disciplined Volatility Equity Fund              | 811-21763         |
| BlackRock Impact Municipal Fund                              | 811-02688         |
| iShares High Yield Muni Active ETF                           | 811-23511         |
| BlackRock 40/60 Target Allocation Fund                       | 811-22061         |
| BlackRock LifePath Index 2060 Fund                           | 811-07332         |
| BlackRock Dynamic High Income Portfolio                      | 811-22061         |
| BlackRock Sustainable High Yield Bond Fund                   | 811-23339         |
| BlackRock 80/20 Target Allocation Fund                       | 811-22061         |
| BlackRock LifePath Dynamic 2060 Fund                         | 811-07332         |
| BATS: Series A Portfolio                                     | 811-21457         |
| BlackRock LifePath Index 2050 Fund                           | 811-07332         |
| BlackRock High Yield V.I. Fund                               | 811-23346         |
| BlackRock Large Cap Focus Value Fund, Inc.                   | 811-02739         |
| BlackRock LifePath ESG Index 2035 Fund                       | 811-07332         |
| iShares Health Innovation Active ETF                         | 811-23402         |
| S&P 500 Index Master Portfolio                               | 811-08162         |
| BlackRock Global Dividend Portfolio                          | 811-22061         |
| BlackRock Large Cap Focus Growth Fund, Inc.                  | 811-09651         |
| BlackRock Basic Value V.I. Fund                              | 811-03290         |
| BlackRock High Yield Portfolio                               | 811-23339         |
| iShares U.S. Industry Rotation Active ETF                    | 811-23402         |
| iShares Short-Term California Muni Active ETF                | 811-23511         |
| iShares U.S. Intermediate Credit Bond Index Fund             | 811-05742         |
| BlackRock International Select Equity Fund                   | 811-04612         |
| iShares Flexible Income Active ETF                           | 811-23511         |
| iShares Short-Term TIPS Bond Index Fund                      | 811-05742         |
| BlackRock Advantage Small Cap Core Fund                      | 811-05742         |
| iShares U.S. Equity Factor Rotation Active ETF               | 811-23402         |
| iShares A.I. Innovation and Tech Active ETF                  | 811-23402         |
| BlackRock SMID-Cap Growth Equity Fund                        | 811-05742         |
| BlackRock New Jersey Municipal Bond Fund                     | 811-04375         |
| BlackRock Advantage SMID Cap Fund, Inc.                      | 811-02809         |
| iShares U.S. Long Government Bond Index Fund                 | 811-05742         |
| BlackRock LifePath Dynamic 2065 Fund                         | 811-07332         |
| BlackRock Emerging Markets Fund, Inc.                        | 811-05723         |
| BlackRock Advantage Large Cap Value V.I. Fund                | 811-03290         |
| BlackRock Advantage Small Cap Growth Fund                    | 811-05742         |
| iShares Municipal Bond Index Fund                            | 811-05742         |
| BlackRock Managed Volatility V.I. Fund                       | 811-03290         |
| BlackRock Advantage Large Cap Growth Fund                    | 811-05742         |
| BlackRock LifePath Index 2030 Fund                           | 811-07332         |
| BATS: Series M Portfolio                                     | 811-21457         |
| BlackRock Strategic Municipal Opportunities Fund             | 811-04802         |
| BlackRock Sustainable Aware Advantage Global Equity Fund     | 811-05742         |
| iShares Large Cap Core Active ETF                            | 811-23402         |
| BlackRock Small Cap Index V.I. Fund                          | 811-03290         |
| BlackRock LifePath ESG Index 2060 Fund                       | 811-07332         |
| BlackRock LifePath ESG Index 2070 Fund                       | 811-07332         |
| BlackRock 60/40 Target Allocation ETF V.I. Fund              | 811-03290         |
| BlackRock LifePath Index 2045 Fund                           | 811-07332         |
| Diversified Equity Master Portfolio                          | 811-08162         |
| BlackRock Retirement Income 2040 Fund                        | 811-22061         |
| BlackRock Multi-Asset Income Portfolio                       | 811-22061         |
| BlackRock Balanced Portfolio                                 | 811-03091         |
| BlackRock Diversified Fixed Income Fund                      | 811-07332         |
| BlackRock Advantage Global Fund, Inc.                        | 811-07171         |
| BlackRock International Index V.I. Fund                      | 811-03290         |
| iShares High Yield Muni Income Active ETF                    | 811-23511         |
| BlackRock Large Cap Focus Growth V.I. Fund                   | 811-03290         |
| BlackRock Sustainable Emerging Markets Equity Fund           | 811-02661         |
| BlackRock Mid-Cap Growth Equity Portfolio                    | 811-05742         |
| BlackRock Commodity Strategies Fund                          | 811-05742         |
| BlackRock High Equity Income Fund                            | 811-05742         |
| BlackRock U.S. Mortgage Portfolio                            | 811-23340         |
| BlackRock Equity Dividend V.I. Fund                          | 811-03290         |
| Master Small Cap Index Series                                | 811-07885         |
| BlackRock Mid-Cap Value Fund                                 | 811-07177         |
| iShares Large Cap Value Active ETF                           | 811-23402         |
| iShares U.S. Select Equity Active ETF                        | 811-23402         |
| BlackRock 60/40 Target Allocation Fund                       | 811-22061         |
| BlackRock Floating Rate Income Portfolio                     | 811-23339         |
| BlackRock Short Duration Muni Fund                           | 811-02688         |
| Advantage CoreAlpha Bond Master Portfolio                    | 811-23343         |
| BlackRock LifePath ESG Index 2030 Fund                       | 811-07332         |
| BlackRock Sustainable Advantage Large Cap Core Fund          | 811-05742         |
| BlackRock Technology Opportunities Fund                      | 811-05742         |
| BATS: Series S Portfolio                                     | 811-21457         |
| BlackRock Pennsylvania Municipal Bond Fund                   | 811-04375         |
| BlackRock Capital Appreciation Portfolio                     | 811-03091         |
| iShares Total Return Active ETF                              | 811-23511         |
| BlackRock LifePath ESG Index Retirement Fund                 | 811-07332         |
| BlackRock Capital Appreciation Fund, Inc.                    | 811-06669         |
| iShares High Yield Active ETF                                | 811-23511         |
| Total International Ex U.S. Index Master Portfolio           | 811-08162         |
| iShares Russell Mid-Cap Index Fund                           | 811-05742         |
| BlackRock High Yield Portfolio                               | 811-23345         |
| BlackRock Total Return V.I. Fund                             | 811-23346         |
| BlackRock Energy Opportunities Fund                          | 811-05742         |
| iShares Enhanced Roll Yield Index Fund                       | 811-05742         |
| BlackRock Global Allocation V.I. Fund                        | 811-03290         |
| iShares Russell Small/Mid-Cap Index Fund                     | 811-05742         |
| BlackRock 20/80 Target Allocation Fund                       | 811-22061         |
| BlackRock Event Driven Equity Fund                           | 811-09637         |
| BlackRock Exchange Portfolio                                 | 811-05742         |
| BlackRock LifePath Dynamic 2030 Fund                         | 811-07332         |
| BlackRock Global Allocation Portfolio                        | 811-03091         |
| BlackRock Global Equity Market Neutral Fund                  | 811-05742         |
| BlackRock LifePath Dynamic 2040 Fund                         | 811-07332         |
| BlackRock Mortgage-Backed Securities Fund                    | 811-23339         |
| BlackRock LifePath ESG Index 2045 Fund                       | 811-07332         |
| BlackRock Health Sciences Opportunities Portfolio            | 811-05742         |
| BATS: Series C Portfolio                                     | 811-21457         |
| BlackRock Advantage Large Cap Core Portfolio                 | 811-03091         |
| iShares Floating Rate Loan Active ETF                        | 811-23511         |
| BlackRock GA Dynamic Equity Fund                             | 811-21763         |
| iShares U.S. Securitized Bond Index Fund                     | 811-05742         |
| BATS: Series E Portfolio                                     | 811-21457         |
| BlackRock LifePath Index 2055 Fund                           | 811-07332         |
| iShares Enhanced Short-Term Bond Active ETF                  | 811-23402         |
| iShares International Dividend Active ETF                    | 811-23402         |
| BlackRock LifePath Dynamic 2045 Fund                         | 811-07332         |
| BlackRock Income Fund                                        | 811-23339         |
| BlackRock Global Allocation Fund, Inc.                       | 811-05576         |
| U.S. Total Bond Index Master Portfolio                       | 811-08162         |
| BlackRock Credit Relative Value Fund                         | 811-23341         |
| BlackRock LifePath Dynamic 2055 Fund                         | 811-07332         |
| BlackRock Advantage Large Cap Value Fund                     | 811-09637         |
| iShares U.S. Thematic Rotation Active ETF                    | 811-23402         |
| BlackRock International Fund                                 | 811-08797         |
| BlackRock Impact Mortgage Fund                               | 811-23339         |
| BlackRock Real Estate Securities Fund                        | 811-05742         |
| iShares Developed Real Estate Index Fund                     | 811-05742         |
| BlackRock LifePath Index Retirement Fund                     | 811-07332         |
| BlackRock Short Obligations Fund                             | 811-05742         |
| iShares FTSE NAREIT All Equity REIT Index Fund               | 811-05742         |
| BlackRock International V.I. Fund                            | 811-03290         |
| BlackRock Allocation Target Shares: Series I Portfolio       | 811-21457         |
| BlackRock China A Opportunities Fund                         | 811-05742         |
| BlackRock Advantage Large Cap Core V.I. Fund                 | 811-03290         |
| iShares Advantage Large Cap Income ETF                       | 811-23402         |
| BlackRock LifePath ESG Index 2065 Fund                       | 811-07332         |
| BlackRock World ex U.S. Carbon Transition Readiness ETF      | 811-23402         |
| BlackRock Sustainable Advantage International Equity Fund    | 811-05742         |
| iShares U.S. Intermediate Government Bond Index Fund         | 811-05742         |
| BlackRock Unconstrained Equity Fund                          | 811-21759         |
| iShares U.S. Long Credit Bond Index Fund                     | 811-05742         |
| BlackRock Capital Appreciation V.I. Fund                     | 811-03290         |
| BlackRock Advantage Emerging Markets Fund                    | 811-05742         |
| BlackRock LifePath Index 2065 Fund                           | 811-07332         |
| BlackRock Low Duration Bond Portfolio                        | 811-23339         |
| iShares AAA CLO Active ETF                                   | 811-23511         |
| BlackRock Core Bond Portfolio                                | 811-23339         |
| iShares MSCI EAFE International Index Fund                   | 811-07899         |
| BATS: Series P Portfolio                                     | 811-21457         |
| BlackRock Systematic Multi-Strategy Fund                     | 811-23341         |
| BlackRock Sustainable Total Return Fund                      | 811-02857         |
| BlackRock Strategic Income Opportunities Portfolio           | 811-23339         |
| BlackRock LifePath ESG Index 2055 Fund                       | 811-07332         |
| iShares Total U.S. Stock Market Index Fund                   | 811-05742         |
| BATS: Series V Portfolio                                     | 811-21457         |
| iShares International Country Rotation Active ETF            | 811-23402         |
| BlackRock Strategic Global Bond Fund, Inc.                   | 811-05603         |
| BlackRock Defensive Advantage Emerging Markets Fund          | 811-05742         |
| BlackRock Equity Dividend Fund                               | 811-05178         |
| iShares FinTech Active ETF                                   | 811-23402         |
| BlackRock Natural Resources Trust                            | 811-04282         |
| BlackRock Tactical Opportunities Fund                        | 811-05742         |
| iShares BBB-B CLO Active ETF                                 | 811-23511         |
| International Tilts Master Portfolio                         | 811-08162         |
| BlackRock LifePath Index 2035 Fund                           | 811-07332         |
| BlackRock LifePath Index 2040 Fund                           | 811-07332         |
| BlackRock Advantage SMID Cap V.I. Fund                       | 811-03290         |
| BlackRock National Municipal Fund                            | 811-02688         |
| iShares Large Cap Deep Buffer ETF                            | 811-23511         |
| BlackRock LifePath Index 2070 Fund                           | 811-07332         |
| BlackRock LifePath ESG Index 2040 Fund                       | 811-07332         |
| BlackRock LifePath Dynamic 2070 Fund                         | 811-07332         |
| BlackRock Managed Income Fund                                | 811-22061         |
| Large Cap Index Master Portfolio                             | 811-08162         |
| BlackRock Advantage International Fund                       | 811-05742         |
| BlackRock Emerging Markets ex-China Fund                     | 811-05742         |
| BlackRock Total Return Fund                                  | 811-02857         |
| BlackRock Retirement Income 2030 Fund                        | 811-22061         |
| iShares Large Cap Moderate Buffer ETF                        | 811-23511         |
| BlackRock S&P 500 Index V.I. Fund                            | 811-03290         |
| iShares Intermediate Muni Income Active ETF                  | 811-23511         |
| BlackRock LifePath Dynamic 2050 Fund                         | 811-07332         |
| BlackRock New York Municipal Opportunities Fund              | 811-04375         |
| BlackRock Sustainable Advantage Emerging Markets Equity Fund | 811-05742         |
| BlackRock LifePath Dynamic 2035 Fund                         | 811-07332         |
| iShares Large Cap Growth Active ETF                          | 811-23402         |
| BlackRock LifePath Dynamic Retirement Fund                   | 811-07332         |
| BlackRock Advantage Large Cap Core Fund                      | 811-09637         |
| iShares Managed Futures Active ETF                           | 811-23402         |
| BlackRock U.S. Insights Long/Short Equity Fund               | 811-05742         |
| BlackRock LifePath ESG Index 2050 Fund                       | 811-07332         |
| BlackRock California Municipal Opportunities Fund            | 811-04264         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

### Management Investment Record: 4 - iShares Large Cap Growth Active ETF

**Item C.1. Background information.**

- **a. Full Name of the Fund:** iShares Large Cap Growth Active ETF

- **b. Series identification number, if any:** S000085067

- **c. LEI:** 5299001NN9AMNTXUBG21

- **d. Is this the first filing on this form by the Fund?:** Yes

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 0

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class               | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | iShares Large Cap Growth Active ETF | C000249930                                | N/A                          |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [x] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [ ] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** Yes

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

- **b. Did the Fund lend any of its securities during the reporting period?** Yes

  - **i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:**

    - **1. The Fund (or it securities lending agent) liquidated collateral pledged to secure the loaned securities?** No

    - **2. The Fund was otherwise adversely impacted?** No

**c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:**

**Securities Lending Record: 1**

- **i. Full name of securities lending agent:** BlackRock Institutional Trust Company, National Association

- **ii. LEI, if any:** 549300RK1FB0VMTPD087

- **iii. Is the securities lending agent an affiliated person...?** Yes

- **iv. Does the securities lending agent... indemnify the Fund against borrower default?** Yes

- **v. If the entity providing the indemnification is not the securities lending agent, provide the following information:**

  **Idemnity Providers Record: 1**

  - **1. Name of person providing indemnification:** —

  - **2. LEI, if any:** —

- **vi. Did the Fund exercise its indemnification rights during the reporting period?** No

**d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:**

**Collateral Managers Record: 1**

- **i. Full name of cash collateral manager:** BlackRock Fund Advisors

- **ii. LEI, if any:** 549300YOOGP0Y1M95C20

- **iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund??** Yes

- **iv. Is the cash collateral manager an affiliated person of the Fund?** Yes

**e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):**

- [x] Revenue sharing split

- [ ] Fee-based revenue split (other than administrative fee)

- [ ] Administrative fee

- [x] Cash collateral reinvestment fee

- [ ] Indemnification fee

- [x] Other

- [ ] N/A

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** $136,359.19

- **g. Provide the net income from securities lending activities:** $138.00

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 32a-4 (17 CFR 270.32a-4)

- Rule 18f-4 (17 CFR 270.18f-4)

- Rule 12d1-1 (17 CFR 270.12d1-1)

- Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))

- Rule 6c-11 (17 CFR 270.6c-11)

- Rule 12d1-4 (17 CFR 270.12d1-4)

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** Yes

- **b. Were any expenses reduced or waived?** Yes

- **c. Are the fees waived subject to recoupment?** No

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** BlackRock Fund Advisors

- **ii. SEC file number:** 801-22609

- **iii. CRD number:** 000105247

- **iv. LEI, if any:** 549300YOOGP0Y1M95C20

- **v. State, if applicable:** CA

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. SEC file number:** 85-05003

- **iii. LEI, if any:** 571474TGEMMWANRLN572

- **iv. State, if applicable:** MA

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** No

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** ICE Data Services, Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** 13-3668779

- **Description of other identifying number:** Tax ID

- **iii. State, if applicable:** GA

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** Bloomberg L.P.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300B56MD0ZC402L06

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** S&P Global Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** Y6X4K52KMJMZE7I7MY94

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** London Stock Exchange Group PLC

- **ii. LEI, if any, or provide and describe other identifying number:** 213800QAUUUP6I445N30

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 2**

- **i. Full name:** BNP Paribas

- **ii. LEI, if any:** R0MUWSFPU8MPRO8K5P83

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 3**

- **i. Full name:** BNP Paribas Securities Corp.

- **ii. LEI, if any:** RCNB6OTYUAMMP879YW96

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6)

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

No Shareholder Servicing Agents reported.

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any, or other identifying number:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the administrator a sub-administrator?:** No

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

**Broker Dealers Record: 1**

- **a. Full name:** BlackRock Investments, LLC

- **b. SEC file number:** 8-48436

- **c. CRD number:** 000038642

- **d. LEI, if any:** 54930061FBHCKXL2G714

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Broker Dealers Record: 2**

- **a. Full name:** BlackRock Execution Services

- **b. SEC file number:** 8-48719

- **c. CRD number:** 000039438

- **d. LEI, if any:** 549300HFCRQ0NT5KY652

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Item C.16. Brokers.**

**a. For each of the ten brokers that received the largest dollar amount of brokerage commissions...**

**Brokers Record: 1**

- **i. Full name of broker:** Citigroup Global Markets Inc.

- **ii. SEC file number:** 8-8177

- **iii. CRD number:** 000007059

- **iv. LEI, if any:** MBNUM2BPBDO7JBLYG310

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $28.30

**Brokers Record: 2**

- **i. Full name of broker:** Cowen and Company, LLC

- **ii. SEC file number:** 8-22522

- **iii. CRD number:** 000007616

- **iv. LEI, if any:** 549300WR155U7DVMIW58

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $12.14

**Brokers Record: 3**

- **i. Full name of broker:** Barclays Capital Inc.

- **ii. SEC file number:** 8-41342

- **iii. CRD number:** 000019714

- **iv. LEI, if any:** AC28XWWI3WIBK2824319

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $11.53

**Brokers Record: 4**

- **i. Full name of broker:** UBS Securities LLC

- **ii. SEC file number:** 8-22651

- **iii. CRD number:** 000007654

- **iv. LEI, if any:** T6FIZBDPKLYJKFCRVK44

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $18.54

**Brokers Record: 5**

- **i. Full name of broker:** BofA Securities, Inc.

- **ii. SEC file number:** 8-69787

- **iii. CRD number:** 000283942

- **iv. LEI, if any:** 549300HN4UKV1E2R3U73

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $29.47

**Brokers Record: 6**

- **i. Full name of broker:** Jefferies LLC

- **ii. SEC file number:** 8-15074

- **iii. CRD number:** 000002347

- **iv. LEI, if any:** 58PU97L1C0WSRCWADL48

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $10.94

**Brokers Record: 7**

- **i. Full name of broker:** J.P. Morgan Securities LLC

- **ii. SEC file number:** 8-35008

- **iii. CRD number:** 000000079

- **iv. LEI, if any:** ZBUT11V806EZRVTWT807

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $9.70

**Brokers Record: 8**

- **i. Full name of broker:** Virtu Americas LLC

- **ii. SEC file number:** 8-68193

- **iii. CRD number:** 000149823

- **iv. LEI, if any:** 549300RA02N3BNSWBV74

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $18.22

**Brokers Record: 9**

- **i. Full name of broker:** Morgan Stanley & Co. LLC

- **ii. SEC file number:** 8-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $47.70

**Brokers Record: 10**

- **i. Full name of broker:** Goldman Sachs & Co. LLC

- **ii. SEC file number:** 8-129

- **iii. CRD number:** 000000361

- **iv. LEI, if any:** FOR8UP27PHTHYVLBNG30

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $47.31

**Aggregate Commission:** $239.29

**Item C.17.a. Principal transaction counterparties.**

| Name                                                 | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| National Securities Clearing Corporation             | 8-164             | 000007569    | 549300RYC9NELN2ICA34 | NJ      | US        | $5,886,699.95             |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | N/A               | N/A          | 5493005PQV5UQG4OSI49 | DE      | US        | $420,000.00               |
| BofA Securities, Inc.                                | 8-69787           | 000283942    | 549300HN4UKV1E2R3U73 | NY      | US        | $231,463.50               |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $6,538,163.45

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** Yes

- **Item C.19.a - Fund's monthly average net assets:** $6,242,990.64

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $1,750,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** Morgan Stanley Bank, N.A.

  - **Line Institutions Record: 2 Name of institution:** JPMorgan Chase Bank, N.A.

  - **Line Institutions Record: 3 Name of institution:** Mizuho Bank, Ltd.

  - **Line Institutions Record: 4 Name of institution:** BNP Paribas

  - **Line Institutions Record: 5 Name of institution:** The Bank of New York Mellon

  - **Line Institutions Record: 6 Name of institution:** Wells Fargo Bank, N.A.

  - **Line Institutions Record: 7 Name of institution:** Brown Brothers Harriman & Co.

  - **Line Institutions Record: 8 Name of institution:** Banco Bilbao Vizcaya Argentaria, S.A. New York Branch

  - **Line Institutions Record: 9 Name of institution:** Standard Chartered Bank

  - **Line Institutions Record: 10 Name of institution:** MUFG Bank, Ltd.

  - **Line Institutions Record: 11 Name of institution:** The Toronto-Dominion Bank, New York Branch

  - **Line Institutions Record: 12 Name of institution:** Deutsche Bank AG New York Branch

  - **Line Institutions Record: 13 Name of institution:** Royal Bank of Canada

  - **Line Institutions Record: 14 Name of institution:** Goldman Sachs Bank USA

  - **Line Institutions Record: 15 Name of institution:** Bank of America, N.A.

  - **Line Institutions Record: 16 Name of institution:** State Street Bank and Trust Company

  - **Line Institutions Record: 17 Name of institution:** The Northern Trust Co.

  - **Line Institutions Record: 18 Name of institution:** Citibank, N.A.

  - **Line Institutions Record: 19 Name of institution:** Bank of Montreal

  - **Line Institutions Record: 20 Name of institution:** Barclays Bank PLC

  - **Line Institutions Record: 21 Name of institution:** Societe Generale

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                                 | SEC File number   |
|:---|:---|
| BlackRock Advantage International Fund                       | 811-05742         |
| BlackRock LifePath ESG Index 2045 Fund                       | 811-07332         |
| iShares Short-Term TIPS Bond Index Fund                      | 811-05742         |
| iShares U.S. Select Equity Active ETF                        | 811-23402         |
| BlackRock LifePath ESG Index 2040 Fund                       | 811-07332         |
| BlackRock Large Cap Focus Value Fund, Inc.                   | 811-02739         |
| BlackRock Emerging Markets Fund, Inc.                        | 811-05723         |
| BlackRock LifePath ESG Index 2035 Fund                       | 811-07332         |
| BlackRock LifePath Dynamic 2060 Fund                         | 811-07332         |
| BlackRock LifePath Index 2060 Fund                           | 811-07332         |
| iShares Health Innovation Active ETF                         | 811-23402         |
| BlackRock LifePath Index 2055 Fund                           | 811-07332         |
| BlackRock Sustainable Advantage International Equity Fund    | 811-05742         |
| BlackRock Managed Income Fund                                | 811-22061         |
| iShares Russell Mid-Cap Index Fund                           | 811-05742         |
| Total International Ex U.S. Index Master Portfolio           | 811-08162         |
| BlackRock Multi-Asset Income Portfolio                       | 811-22061         |
| BlackRock GA Disciplined Volatility Equity Fund              | 811-21763         |
| iShares International Dividend Active ETF                    | 811-23402         |
| BlackRock Global Allocation Portfolio                        | 811-03091         |
| BlackRock Exchange Portfolio                                 | 811-05742         |
| iShares Total U.S. Stock Market Index Fund                   | 811-05742         |
| iShares Floating Rate Loan Active ETF                        | 811-23511         |
| BlackRock Advantage SMID Cap Fund, Inc.                      | 811-02809         |
| iShares Advantage Large Cap Income ETF                       | 811-23402         |
| iShares High Yield Active ETF                                | 811-23511         |
| BlackRock LifePath Index 2065 Fund                           | 811-07332         |
| BlackRock New Jersey Municipal Bond Fund                     | 811-04375         |
| BlackRock LifePath Index Retirement Fund                     | 811-07332         |
| BlackRock Strategic Global Bond Fund, Inc.                   | 811-05603         |
| iShares Technology Opportunities Active ETF                  | 811-23402         |
| iShares International Country Rotation Active ETF            | 811-23402         |
| BlackRock Basic Value V.I. Fund                              | 811-03290         |
| iShares Developed Real Estate Index Fund                     | 811-05742         |
| BlackRock Retirement Income 2030 Fund                        | 811-22061         |
| BATS: Series S Portfolio                                     | 811-21457         |
| BlackRock Strategic Income Opportunities Portfolio           | 811-23339         |
| BlackRock International Fund                                 | 811-08797         |
| U.S. Total Bond Index Master Portfolio                       | 811-08162         |
| BlackRock LifePath ESG Index 2030 Fund                       | 811-07332         |
| BlackRock International Select Equity Fund                   | 811-04612         |
| BATS: Series E Portfolio                                     | 811-21457         |
| BlackRock Strategic Municipal Opportunities Fund             | 811-04802         |
| BlackRock U.S. Mortgage Portfolio                            | 811-23340         |
| BlackRock Emerging Markets ex-China Fund                     | 811-05742         |
| BlackRock Retirement Income 2040 Fund                        | 811-22061         |
| BlackRock LifePath Dynamic Retirement Fund                   | 811-07332         |
| BlackRock Advantage Large Cap Growth Fund                    | 811-05742         |
| BlackRock Commodity Strategies Fund                          | 811-05742         |
| BlackRock New York Municipal Opportunities Fund              | 811-04375         |
| BlackRock LifePath Index 2040 Fund                           | 811-07332         |
| BlackRock High Yield V.I. Fund                               | 811-23346         |
| iShares Russell Small/Mid-Cap Index Fund                     | 811-05742         |
| BlackRock U.S. Insights Long/Short Equity Fund               | 811-05742         |
| BlackRock Tactical Opportunities Fund                        | 811-05742         |
| BlackRock 40/60 Target Allocation Fund                       | 811-22061         |
| BlackRock Sustainable High Yield Bond Fund                   | 811-23339         |
| BlackRock LifePath ESG Index 2070 Fund                       | 811-07332         |
| BlackRock California Municipal Opportunities Fund            | 811-04264         |
| BlackRock LifePath Dynamic 2040 Fund                         | 811-07332         |
| BlackRock Global Allocation Fund, Inc.                       | 811-05576         |
| BlackRock Global Equity Market Neutral Fund                  | 811-05742         |
| BlackRock Balanced Portfolio                                 | 811-03091         |
| BlackRock Dynamic High Income Portfolio                      | 811-22061         |
| BlackRock Real Estate Securities Fund                        | 811-05742         |
| BlackRock Short Duration Muni Fund                           | 811-02688         |
| BATS: Series M Portfolio                                     | 811-21457         |
| BlackRock LifePath Index 2050 Fund                           | 811-07332         |
| BlackRock Managed Volatility V.I. Fund                       | 811-03290         |
| iShares MSCI EAFE International Index Fund                   | 811-07899         |
| iShares A.I. Innovation and Tech Active ETF                  | 811-23402         |
| iShares U.S. Long Government Bond Index Fund                 | 811-05742         |
| BlackRock Impact Municipal Fund                              | 811-02688         |
| BlackRock Advantage Large Cap Core Portfolio                 | 811-03091         |
| iShares Large Cap Core Active ETF                            | 811-23402         |
| BlackRock Capital Appreciation V.I. Fund                     | 811-03290         |
| BlackRock LifePath ESG Index Retirement Fund                 | 811-07332         |
| International Tilts Master Portfolio                         | 811-08162         |
| iShares AAA CLO Active ETF                                   | 811-23511         |
| iShares U.S. Intermediate Government Bond Index Fund         | 811-05742         |
| BATS: Series P Portfolio                                     | 811-21457         |
| BlackRock Advantage Small Cap Growth Fund                    | 811-05742         |
| BlackRock Systematic Multi-Strategy Fund                     | 811-23341         |
| BlackRock Capital Appreciation Portfolio                     | 811-03091         |
| BlackRock SMID-Cap Growth Equity Fund                        | 811-05742         |
| BlackRock International V.I. Fund                            | 811-03290         |
| BlackRock LifePath Dynamic 2045 Fund                         | 811-07332         |
| iShares Large Cap Deep Buffer ETF                            | 811-23511         |
| BlackRock Advantage Large Cap Value Fund                     | 811-09637         |
| iShares Flexible Income Active ETF                           | 811-23511         |
| BlackRock Advantage Large Cap Value V.I. Fund                | 811-03290         |
| BlackRock Core Bond Portfolio                                | 811-23339         |
| BlackRock International Index V.I. Fund                      | 811-03290         |
| BlackRock LifePath ESG Index 2055 Fund                       | 811-07332         |
| BlackRock High Equity Income Fund                            | 811-05742         |
| BlackRock China A Opportunities Fund                         | 811-05742         |
| iShares U.S. Equity Factor Rotation Active ETF               | 811-23402         |
| BlackRock Sustainable Advantage Large Cap Core Fund          | 811-05742         |
| BlackRock Sustainable Advantage Emerging Markets Equity Fund | 811-05742         |
| iShares Intermediate Muni Income Active ETF                  | 811-23511         |
| BlackRock Technology Opportunities Fund                      | 811-05742         |
| BATS: Series V Portfolio                                     | 811-21457         |
| BlackRock GA Dynamic Equity Fund                             | 811-21763         |
| iShares U.S. Long Credit Bond Index Fund                     | 811-05742         |
| BlackRock 60/40 Target Allocation ETF V.I. Fund              | 811-03290         |
| BlackRock Low Duration Bond Portfolio                        | 811-23339         |
| BlackRock World ex U.S. Carbon Transition Readiness ETF      | 811-23402         |
| iShares Short-Term California Muni Active ETF                | 811-23511         |
| iShares Enhanced Short-Term Bond Active ETF                  | 811-23402         |
| iShares Enhanced Roll Yield Index Fund                       | 811-05742         |
| BlackRock Total Return V.I. Fund                             | 811-23346         |
| BlackRock Equity Dividend V.I. Fund                          | 811-03290         |
| BlackRock Large Cap Focus Growth Fund, Inc.                  | 811-09651         |
| BlackRock Advantage Global Fund, Inc.                        | 811-07171         |
| BlackRock Mid-Cap Value Fund                                 | 811-07177         |
| BlackRock High Yield Portfolio                               | 811-23345         |
| BlackRock Balanced Fund, Inc.                                | 811-02405         |
| BlackRock LifePath Dynamic 2030 Fund                         | 811-07332         |
| iShares Municipal Bond Index Fund                            | 811-05742         |
| BlackRock Large Cap Focus Growth V.I. Fund                   | 811-03290         |
| iShares Large Cap Moderate Buffer ETF                        | 811-23511         |
| BlackRock Mortgage-Backed Securities Fund                    | 811-23339         |
| BlackRock Advantage Emerging Markets Fund                    | 811-05742         |
| iShares U.S. Industry Rotation Active ETF                    | 811-23402         |
| iShares Total Return Active ETF                              | 811-23511         |
| BlackRock Health Sciences Opportunities Portfolio            | 811-05742         |
| BlackRock Advantage Small Cap Core Fund                      | 811-05742         |
| S&P 500 Index Master Portfolio                               | 811-08162         |
| BlackRock LifePath Index 2070 Fund                           | 811-07332         |
| BlackRock Capital Appreciation Fund, Inc.                    | 811-06669         |
| iShares Large Cap Value Active ETF                           | 811-23402         |
| BlackRock Advantage Large Cap Core Fund                      | 811-09637         |
| BlackRock LifePath Dynamic 2035 Fund                         | 811-07332         |
| BlackRock 60/40 Target Allocation Fund                       | 811-22061         |
| BlackRock Floating Rate Income Portfolio                     | 811-23339         |
| BlackRock Event Driven Equity Fund                           | 811-09637         |
| BlackRock U.S. Carbon Transition Readiness ETF               | 811-23402         |
| BlackRock LifePath ESG Index 2050 Fund                       | 811-07332         |
| BlackRock Allocation Target Shares: Series I Portfolio       | 811-21457         |
| iShares High Yield Muni Income Active ETF                    | 811-23511         |
| BlackRock Small Cap Index V.I. Fund                          | 811-03290         |
| iShares U.S. Intermediate Credit Bond Index Fund             | 811-05742         |
| BlackRock Advantage Large Cap Core V.I. Fund                 | 811-03290         |
| BlackRock LifePath ESG Index 2060 Fund                       | 811-07332         |
| BlackRock Total Return Fund                                  | 811-02857         |
| iShares High Yield Muni Active ETF                           | 811-23511         |
| BlackRock LifePath Index 2035 Fund                           | 811-07332         |
| BlackRock LifePath Dynamic 2050 Fund                         | 811-07332         |
| Large Cap Index Master Portfolio                             | 811-08162         |
| BlackRock LifePath Dynamic 2070 Fund                         | 811-07332         |
| Advantage CoreAlpha Bond Master Portfolio                    | 811-23343         |
| BlackRock National Municipal Fund                            | 811-02688         |
| BlackRock Pennsylvania Municipal Bond Fund                   | 811-04375         |
| Master Small Cap Index Series                                | 811-07885         |
| BlackRock Global Dividend Portfolio                          | 811-22061         |
| BlackRock Diversified Fixed Income Fund                      | 811-07332         |
| BlackRock Credit Relative Value Fund                         | 811-23341         |
| BlackRock Advantage SMID Cap V.I. Fund                       | 811-03290         |
| BlackRock LifePath Dynamic 2065 Fund                         | 811-07332         |
| BlackRock LifePath Dynamic 2055 Fund                         | 811-07332         |
| BlackRock High Yield Portfolio                               | 811-23339         |
| Diversified Equity Master Portfolio                          | 811-08162         |
| iShares FinTech Active ETF                                   | 811-23402         |
| BlackRock Unconstrained Equity Fund                          | 811-21759         |
| BlackRock LifePath Index 2030 Fund                           | 811-07332         |
| BlackRock Defensive Advantage Emerging Markets Fund          | 811-05742         |
| iShares FTSE NAREIT All Equity REIT Index Fund               | 811-05742         |
| iShares U.S. Thematic Rotation Active ETF                    | 811-23402         |
| BlackRock LifePath ESG Index 2065 Fund                       | 811-07332         |
| BlackRock Equity Dividend Fund                               | 811-05178         |
| BATS: Series C Portfolio                                     | 811-21457         |
| BlackRock Global Allocation V.I. Fund                        | 811-03290         |
| BlackRock Inflation Protected Bond Portfolio                 | 811-23339         |
| BlackRock Sustainable Total Return Fund                      | 811-02857         |
| BlackRock Mid-Cap Growth Equity Portfolio                    | 811-05742         |
| BlackRock Income Fund                                        | 811-23339         |
| iShares BBB-B CLO Active ETF                                 | 811-23511         |
| BlackRock Short Obligations Fund                             | 811-05742         |
| BlackRock Sustainable Emerging Markets Equity Fund           | 811-02661         |
| BlackRock Natural Resources Trust                            | 811-04282         |
| BlackRock Impact Mortgage Fund                               | 811-23339         |
| BATS: Series A Portfolio                                     | 811-21457         |
| BlackRock LifePath Index 2045 Fund                           | 811-07332         |
| iShares U.S. Securitized Bond Index Fund                     | 811-05742         |
| BlackRock 80/20 Target Allocation Fund                       | 811-22061         |
| iShares Managed Futures Active ETF                           | 811-23402         |
| BlackRock S&P 500 Index V.I. Fund                            | 811-03290         |
| BlackRock Energy Opportunities Fund                          | 811-05742         |
| BlackRock 20/80 Target Allocation Fund                       | 811-22061         |
| BlackRock Sustainable Aware Advantage Global Equity Fund     | 811-05742         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

### Management Investment Record: 5 - iShares A.I. Innovation and Tech Active ETF

**Item C.1. Background information.**

- **a. Full Name of the Fund:** iShares A.I. Innovation and Tech Active ETF

- **b. Series identification number, if any:** S000086268

- **c. LEI:** 529900A898KGKVGZQ177

- **d. Is this the first filing on this form by the Fund?:** Yes

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 0

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class                       | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | iShares A.I. Innovation and Tech Active ETF | C000251727                                | BAI                          |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [x] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [ ] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** Yes

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

- **b. Did the Fund lend any of its securities during the reporting period?** Yes

  - **i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:**

    - **1. The Fund (or it securities lending agent) liquidated collateral pledged to secure the loaned securities?** No

    - **2. The Fund was otherwise adversely impacted?** No

**c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:**

**Securities Lending Record: 1**

- **i. Full name of securities lending agent:** BlackRock Institutional Trust Company, National Association

- **ii. LEI, if any:** 549300RK1FB0VMTPD087

- **iii. Is the securities lending agent an affiliated person...?** Yes

- **iv. Does the securities lending agent... indemnify the Fund against borrower default?** Yes

- **v. If the entity providing the indemnification is not the securities lending agent, provide the following information:**

  **Idemnity Providers Record: 1**

  - **1. Name of person providing indemnification:** —

  - **2. LEI, if any:** —

- **vi. Did the Fund exercise its indemnification rights during the reporting period?** No

**d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:**

**Collateral Managers Record: 1**

- **i. Full name of cash collateral manager:** BlackRock Fund Advisors

- **ii. LEI, if any:** 549300YOOGP0Y1M95C20

- **iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund??** Yes

- **iv. Is the cash collateral manager an affiliated person of the Fund?** Yes

**e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):**

- [x] Revenue sharing split

- [ ] Fee-based revenue split (other than administrative fee)

- [ ] Administrative fee

- [x] Cash collateral reinvestment fee

- [ ] Indemnification fee

- [x] Other

- [ ] N/A

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** $4,763,396.20

- **g. Provide the net income from securities lending activities:** $9,226.00

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 32a-4 (17 CFR 270.32a-4)

- Rule 12d1-1 (17 CFR 270.12d1-1)

- Rule 12d1-4 (17 CFR 270.12d1-4)

- Rule 6c-11 (17 CFR 270.6c-11)

- Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))

- Rule 18f-4 (17 CFR 270.18f-4)

- Rule 18f-4(f)(17 CFR 270.18f-4(f))

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** Yes

- **b. Were any expenses reduced or waived?** Yes

- **c. Are the fees waived subject to recoupment?** No

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** BlackRock Fund Advisors

- **ii. SEC file number:** 801-22609

- **iii. CRD number:** 000105247

- **iv. LEI, if any:** 549300YOOGP0Y1M95C20

- **v. State, if applicable:** CA

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. SEC file number:** 85-05003

- **iii. LEI, if any:** 571474TGEMMWANRLN572

- **iv. State, if applicable:** MA

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** No

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** London Stock Exchange Group PLC

- **ii. LEI, if any, or provide and describe other identifying number:** 213800QAUUUP6I445N30

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** ICE Data Services, Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** 13-3668779

- **Description of other identifying number:** Tax ID

- **iii. State, if applicable:** GA

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** S&P Global Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** Y6X4K52KMJMZE7I7MY94

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** Bloomberg L.P.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300B56MD0ZC402L06

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** FirstRand Bank Limited

- **ii. LEI, if any:** ZAYQDKTCATIXF9OQY690

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 2**

- **i. Full name:** BNP Paribas (Athens, Attica, GR, Branch)

- **ii. LEI, if any:** R0MUWSFPU8MPRO8K5P83

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 3**

- **i. Full name:** State Street Bank International GmbH

- **ii. LEI, if any:** ZMHGNT7ZPKZ3UFZ8EO46

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 4**

- **i. Full name:** Royal Bank of Canada

- **ii. LEI, if any:** ES7IP3U3RHIGC71XBU11

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 5**

- **i. Full name:** UniCredit Bank Hungary Zrt.

- **ii. LEI, if any:** Y28RT6GGYJ696PMW8T44

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 6**

- **i. Full name:** BANCO CITI MEXICO S.A. INSTITUCION DE BANCA MULTIPLE, GRUPO FINANCIERO CITI MEXICO

- **ii. LEI, if any:** 529900H31AYI6WA1J534

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 7**

- **i. Full name:** Citibank, National Association (Singapore, SG, Branch)

- **ii. LEI, if any:** E57ODZWZ7FF32TWEFA76

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 8**

- **i. Full name:** Deutsche Bank (Malaysia) Berhad

- **ii. LEI, if any:** 529900DLWFR8HK7DR278

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 9**

- **i. Full name:** Skandinaviska Enskilda Banken AB (Oslo, Oslo, NO, Branch)

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 10**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 11**

- **i. Full name:** Deutsche Bank Aktiengesellschaft (Taipei City, TW, Branch)

- **ii. LEI, if any:** 25490016G0WR60ANOK04

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 12**

- **i. Full name:** Bank Hapoalim B.M.

- **ii. LEI, if any:** B6ARUI4946ST4S7WOU88

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 13**

- **i. Full name:** Standard Chartered Bank (Hong Kong) Limited

- **ii. LEI, if any:** X5AV1MBDXGRPX5UGMX13

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 14**

- **i. Full name:** Deutsche Bank Aktiengesellschaft (Makati City, Metro Manila, PH, Branch)

- **ii. LEI, if any:** 7LTWFZYICNSX8D621K86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 15**

- **i. Full name:** Citibank, National Association (Sao Paulo, Sao Paulo, BR, Branch)

- **ii. LEI, if any:** E57ODZWZ7FF32TWEFA76

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 16**

- **i. Full name:** Standard Chartered Bank (Thai) Public Company Limited

- **ii. LEI, if any:** 549300O1LQYCQ7G1IM57

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 17**

- **i. Full name:** Euroclear Bank

- **ii. LEI, if any:** 549300OZ46BRLZ8Y6F65

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)

**Custodians Record: 18**

- **i. Full name:** Skandinaviska Enskilda Banken AB (Helsinki, Uusimaa, FI, Branch)

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 19**

- **i. Full name:** UniCredit Bank Austria AG

- **ii. LEI, if any:** D1HEB8VEU6D9M8ZUXG17

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 20**

- **i. Full name:** Citibank Europe Public Limited Company

- **ii. LEI, if any:** N1FBEDJ5J41VKZLO2475

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 21**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited (Auckland, Auckland, NZ, Branch)

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 22**

- **i. Full name:** State Street Bank and Trust Company (Edinburgh, GB, Branch)

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 23**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited (Jung-gu, Seoul, KR, Branch)

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 24**

- **i. Full name:** Bank Handlowy w Warszawie Spolka Akcyjna

- **ii. LEI, if any:** XLEZHWWOI4HFQDGL4793

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 25**

- **i. Full name:** State Street Trust Company Canada

- **ii. LEI, if any:** 549300L71XG2CTQ2V827

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 26**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 27**

- **i. Full name:** Intesa Sanpaolo S.p.A.

- **ii. LEI, if any:** 2W8N8UU78PMDQKZENC08

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 28**

- **i. Full name:** Skandinaviska Enskilda Banken AB (Copenhagen, Hovedstaden, DK, Branch)

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 29**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited (Sydney, NSW, AU, Branch)

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 30**

- **i. Full name:** UBS Switzerland AG

- **ii. LEI, if any:** 549300WOIFUSNYH0FL22

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 31**

- **i. Full name:** Citibank, National Association (Ciudad Autonoma de Buenos Aires, Ciudad Autonoma de Buenos Aires, AR, Branch)

- **ii. LEI, if any:** 579100KKDGKCFFKKF005

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 32**

- **i. Full name:** Skandinaviska Enskilda Banken AB

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 33**

- **i. Full name:** BNP Paribas

- **ii. LEI, if any:** R0MUWSFPU8MPRO8K5P83

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 34**

- **i. Full name:** SG Americas Securities, LLC

- **ii. LEI, if any:** 549300F35UE0BOM1WJ55

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6)

**Custodians Record: 35**

- **i. Full name:** Mizuho Bank, Ltd. (Minato ku, Tokyo, JP, Branch)

- **ii. LEI, if any:** RB0PEZSDGCO3JS6CEU02

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 36**

- **i. Full name:** Deutsche Bank Aktiengesellschaft (Jakarta, Jakarta, ID, Branch)

- **ii. LEI, if any:** 7LTWFZYICNSX8D621K86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

No Shareholder Servicing Agents reported.

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any, or other identifying number:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the administrator a sub-administrator?:** No

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

**Broker Dealers Record: 1**

- **a. Full name:** BlackRock Investments, LLC

- **b. SEC file number:** 8-48436

- **c. CRD number:** 000038642

- **d. LEI, if any:** 54930061FBHCKXL2G714

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Broker Dealers Record: 2**

- **a. Full name:** BlackRock Execution Services

- **b. SEC file number:** 8-48719

- **c. CRD number:** 000039438

- **d. LEI, if any:** 549300HFCRQ0NT5KY652

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Item C.16. Brokers.**

**a. For each of the ten brokers that received the largest dollar amount of brokerage commissions...**

**Brokers Record: 1**

- **i. Full name of broker:** Cowen and Company, LLC

- **ii. SEC file number:** 8-22522

- **iii. CRD number:** 000007616

- **iv. LEI, if any:** 549300WR155U7DVMIW58

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $1,573.26

**Brokers Record: 2**

- **i. Full name of broker:** J.P. Morgan Securities LLC

- **ii. SEC file number:** 8-35008

- **iii. CRD number:** 000000079

- **iv. LEI, if any:** ZBUT11V806EZRVTWT807

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $1,535.84

**Brokers Record: 3**

- **i. Full name of broker:** RBC Capital Markets, LLC

- **ii. SEC file number:** 8-45411

- **iii. CRD number:** 000031194

- **iv. LEI, if any:** 549300LCO2FLSSVFFR64

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $490.23

**Brokers Record: 4**

- **i. Full name of broker:** CLSA Americas, LLC

- **ii. SEC file number:** 8-69166

- **iii. CRD number:** 000165533

- **iv. LEI, if any:** 213800M2DXATWY7JMS07

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $3,821.30

**Brokers Record: 5**

- **i. Full name of broker:** UBS Securities LLC

- **ii. SEC file number:** 8-22651

- **iii. CRD number:** 000007654

- **iv. LEI, if any:** T6FIZBDPKLYJKFCRVK44

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $5,430.75

**Brokers Record: 6**

- **i. Full name of broker:** Goldman Sachs & Co. LLC

- **ii. SEC file number:** 8-129

- **iii. CRD number:** 000000361

- **iv. LEI, if any:** FOR8UP27PHTHYVLBNG30

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $2,202.09

**Brokers Record: 7**

- **i. Full name of broker:** BofA Securities, Inc.

- **ii. SEC file number:** 8-69787

- **iii. CRD number:** 000283942

- **iv. LEI, if any:** 549300HN4UKV1E2R3U73

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $3,538.88

**Brokers Record: 8**

- **i. Full name of broker:** Morgan Stanley & Co. LLC

- **ii. SEC file number:** 8-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $3,861.47

**Brokers Record: 9**

- **i. Full name of broker:** Jefferies LLC

- **ii. SEC file number:** 8-15074

- **iii. CRD number:** 000002347

- **iv. LEI, if any:** 58PU97L1C0WSRCWADL48

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $722.44

**Brokers Record: 10**

- **i. Full name of broker:** Citigroup Global Markets Inc.

- **ii. SEC file number:** 8-8177

- **iii. CRD number:** 000007059

- **iv. LEI, if any:** MBNUM2BPBDO7JBLYG310

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $2,777.72

**Aggregate Commission:** $28,295.26

**Item C.17.a. Principal transaction counterparties.**

| Name                                                 | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| Mizuho Securities USA LLC                            | 8-37710           | 000019647    | 7TK5RJIZDFROZCA6XF66 | NY      | US        | $7,248,811.89             |
| Virtu Americas LLC                                   | 8-68193           | 000149823    | 549300RA02N3BNSWBV74 | NY      | US        | $29,390,801.29            |
| Goldman Sachs & Co. LLC                              | 8-129             | 000000361    | FOR8UP27PHTHYVLBNG30 | NY      | US        | $38,252,232.90            |
| BNP Paribas Securities Corp.                         | 8-32682           | 000015794    | RCNB6OTYUAMMP879YW96 | NY      | US        | $962,667.40               |
| BofA Securities, Inc.                                | 8-69787           | 000283942    | 549300HN4UKV1E2R3U73 | NY      | US        | $9,628,061.06             |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | N/A               | N/A          | 5493005PQV5UQG4OSI49 | DE      | US        | $24,320,000.00            |
| J.P. Morgan Securities LLC                           | 8-35008           | 000000079    | ZBUT11V806EZRVTWT807 | NY      | US        | $32,940,997.28            |
| UBS Securities LLC                                   | 8-22651           | 000007654    | T6FIZBDPKLYJKFCRVK44 | NY      | US        | $6,314,187.41             |
| Jane Street Capital, LLC                             | 8-52275           | 000103782    | 549300ZM16HMPEPNV857 | NY      | US        | $14,008,353.34            |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $163,066,112.57

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** Yes

- **Item C.19.a - Fund's monthly average net assets:** $68,908,517.53

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $1,750,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** Banco Bilbao Vizcaya Argentaria, S.A. New York Branch

  - **Line Institutions Record: 2 Name of institution:** Societe Generale

  - **Line Institutions Record: 3 Name of institution:** MUFG Bank, Ltd.

  - **Line Institutions Record: 4 Name of institution:** Brown Brothers Harriman & Co.

  - **Line Institutions Record: 5 Name of institution:** Standard Chartered Bank

  - **Line Institutions Record: 6 Name of institution:** JPMorgan Chase Bank, N.A.

  - **Line Institutions Record: 7 Name of institution:** Royal Bank of Canada

  - **Line Institutions Record: 8 Name of institution:** Barclays Bank PLC

  - **Line Institutions Record: 9 Name of institution:** Mizuho Bank, Ltd.

  - **Line Institutions Record: 10 Name of institution:** Deutsche Bank AG New York Branch

  - **Line Institutions Record: 11 Name of institution:** Bank of Montreal

  - **Line Institutions Record: 12 Name of institution:** State Street Bank and Trust Company

  - **Line Institutions Record: 13 Name of institution:** The Northern Trust Co.

  - **Line Institutions Record: 14 Name of institution:** Wells Fargo Bank, N.A.

  - **Line Institutions Record: 15 Name of institution:** Citibank, N.A.

  - **Line Institutions Record: 16 Name of institution:** The Bank of New York Mellon

  - **Line Institutions Record: 17 Name of institution:** Bank of America, N.A.

  - **Line Institutions Record: 18 Name of institution:** Goldman Sachs Bank USA

  - **Line Institutions Record: 19 Name of institution:** Morgan Stanley Bank, N.A.

  - **Line Institutions Record: 20 Name of institution:** BNP Paribas

  - **Line Institutions Record: 21 Name of institution:** The Toronto-Dominion Bank, New York Branch

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                                 | SEC File number   |
|:---|:---|
| BlackRock Defensive Advantage Emerging Markets Fund          | 811-05742         |
| iShares International Country Rotation Active ETF            | 811-23402         |
| BlackRock Global Allocation Fund, Inc.                       | 811-05576         |
| iShares FinTech Active ETF                                   | 811-23402         |
| BlackRock U.S. Insights Long/Short Equity Fund               | 811-05742         |
| BlackRock Retirement Income 2030 Fund                        | 811-22061         |
| BlackRock Mid-Cap Growth Equity Portfolio                    | 811-05742         |
| BlackRock Small Cap Index V.I. Fund                          | 811-03290         |
| iShares Managed Futures Active ETF                           | 811-23402         |
| iShares Large Cap Core Active ETF                            | 811-23402         |
| Master Small Cap Index Series                                | 811-07885         |
| iShares Total U.S. Stock Market Index Fund                   | 811-05742         |
| Total International Ex U.S. Index Master Portfolio           | 811-08162         |
| BATS: Series C Portfolio                                     | 811-21457         |
| BlackRock Large Cap Focus Growth Fund, Inc.                  | 811-09651         |
| BlackRock Real Estate Securities Fund                        | 811-05742         |
| BlackRock Total Return V.I. Fund                             | 811-23346         |
| BlackRock Sustainable Aware Advantage Global Equity Fund     | 811-05742         |
| BlackRock 60/40 Target Allocation ETF V.I. Fund              | 811-03290         |
| BlackRock Strategic Municipal Opportunities Fund             | 811-04802         |
| iShares U.S. Industry Rotation Active ETF                    | 811-23402         |
| BlackRock LifePath ESG Index 2065 Fund                       | 811-07332         |
| BlackRock 20/80 Target Allocation Fund                       | 811-22061         |
| BlackRock Balanced Portfolio                                 | 811-03091         |
| Large Cap Index Master Portfolio                             | 811-08162         |
| BlackRock High Yield Portfolio                               | 811-23339         |
| BlackRock LifePath Index 2040 Fund                           | 811-07332         |
| BlackRock 40/60 Target Allocation Fund                       | 811-22061         |
| BlackRock Advantage Global Fund, Inc.                        | 811-07171         |
| BlackRock Sustainable Emerging Markets Equity Fund           | 811-02661         |
| BlackRock Impact Mortgage Fund                               | 811-23339         |
| BlackRock Managed Volatility V.I. Fund                       | 811-03290         |
| BlackRock Systematic Multi-Strategy Fund                     | 811-23341         |
| BlackRock Advantage International Fund                       | 811-05742         |
| BlackRock Retirement Income 2040 Fund                        | 811-22061         |
| BlackRock Strategic Income Opportunities Portfolio           | 811-23339         |
| BlackRock Tactical Opportunities Fund                        | 811-05742         |
| BlackRock LifePath Dynamic Retirement Fund                   | 811-07332         |
| iShares High Yield Muni Active ETF                           | 811-23511         |
| iShares Short-Term California Muni Active ETF                | 811-23511         |
| BATS: Series P Portfolio                                     | 811-21457         |
| Diversified Equity Master Portfolio                          | 811-08162         |
| iShares International Dividend Active ETF                    | 811-23402         |
| BlackRock Advantage Large Cap Core Portfolio                 | 811-03091         |
| BlackRock LifePath Index 2055 Fund                           | 811-07332         |
| BlackRock LifePath Index 2030 Fund                           | 811-07332         |
| BlackRock Total Return Fund                                  | 811-02857         |
| BlackRock Advantage Large Cap Value Fund                     | 811-09637         |
| iShares Large Cap Value Active ETF                           | 811-23402         |
| iShares High Yield Active ETF                                | 811-23511         |
| BlackRock Income Fund                                        | 811-23339         |
| BlackRock LifePath Dynamic 2060 Fund                         | 811-07332         |
| BlackRock National Municipal Fund                            | 811-02688         |
| BlackRock International Index V.I. Fund                      | 811-03290         |
| BlackRock LifePath ESG Index 2050 Fund                       | 811-07332         |
| iShares Russell Small/Mid-Cap Index Fund                     | 811-05742         |
| iShares Russell Mid-Cap Index Fund                           | 811-05742         |
| U.S. Total Bond Index Master Portfolio                       | 811-08162         |
| BlackRock Sustainable High Yield Bond Fund                   | 811-23339         |
| BlackRock 80/20 Target Allocation Fund                       | 811-22061         |
| BlackRock Event Driven Equity Fund                           | 811-09637         |
| iShares U.S. Thematic Rotation Active ETF                    | 811-23402         |
| BlackRock LifePath Index 2035 Fund                           | 811-07332         |
| BlackRock Managed Income Fund                                | 811-22061         |
| BlackRock LifePath ESG Index 2040 Fund                       | 811-07332         |
| iShares Municipal Bond Index Fund                            | 811-05742         |
| iShares U.S. Select Equity Active ETF                        | 811-23402         |
| BlackRock Advantage Large Cap Growth Fund                    | 811-05742         |
| BlackRock Balanced Fund, Inc.                                | 811-02405         |
| BlackRock Short Obligations Fund                             | 811-05742         |
| BlackRock LifePath Dynamic 2045 Fund                         | 811-07332         |
| BlackRock Advantage SMID Cap V.I. Fund                       | 811-03290         |
| BlackRock World ex U.S. Carbon Transition Readiness ETF      | 811-23402         |
| BlackRock S&P 500 Index V.I. Fund                            | 811-03290         |
| BlackRock U.S. Mortgage Portfolio                            | 811-23340         |
| iShares FTSE NAREIT All Equity REIT Index Fund               | 811-05742         |
| BlackRock Advantage SMID Cap Fund, Inc.                      | 811-02809         |
| BlackRock High Yield V.I. Fund                               | 811-23346         |
| BlackRock Sustainable Advantage Emerging Markets Equity Fund | 811-05742         |
| BlackRock Basic Value V.I. Fund                              | 811-03290         |
| BlackRock High Equity Income Fund                            | 811-05742         |
| BlackRock Floating Rate Income Portfolio                     | 811-23339         |
| iShares Enhanced Short-Term Bond Active ETF                  | 811-23402         |
| BlackRock China A Opportunities Fund                         | 811-05742         |
| BlackRock GA Disciplined Volatility Equity Fund              | 811-21763         |
| iShares Flexible Income Active ETF                           | 811-23511         |
| BlackRock 60/40 Target Allocation Fund                       | 811-22061         |
| BlackRock LifePath Dynamic 2030 Fund                         | 811-07332         |
| BlackRock California Municipal Opportunities Fund            | 811-04264         |
| BlackRock Short Duration Muni Fund                           | 811-02688         |
| BlackRock SMID-Cap Growth Equity Fund                        | 811-05742         |
| BlackRock High Yield Portfolio                               | 811-23345         |
| BlackRock Advantage Small Cap Growth Fund                    | 811-05742         |
| BlackRock Credit Relative Value Fund                         | 811-23341         |
| BlackRock GA Dynamic Equity Fund                             | 811-21763         |
| BlackRock Commodity Strategies Fund                          | 811-05742         |
| BlackRock Pennsylvania Municipal Bond Fund                   | 811-04375         |
| BlackRock LifePath Index 2045 Fund                           | 811-07332         |
| BlackRock LifePath Index 2060 Fund                           | 811-07332         |
| iShares High Yield Muni Income Active ETF                    | 811-23511         |
| iShares Technology Opportunities Active ETF                  | 811-23402         |
| BlackRock Capital Appreciation V.I. Fund                     | 811-03290         |
| BlackRock LifePath ESG Index 2035 Fund                       | 811-07332         |
| BlackRock International Fund                                 | 811-08797         |
| iShares Developed Real Estate Index Fund                     | 811-05742         |
| BlackRock Equity Dividend V.I. Fund                          | 811-03290         |
| BlackRock Advantage Large Cap Value V.I. Fund                | 811-03290         |
| BlackRock LifePath Index 2070 Fund                           | 811-07332         |
| BlackRock International Select Equity Fund                   | 811-04612         |
| BlackRock LifePath Dynamic 2040 Fund                         | 811-07332         |
| BlackRock Global Equity Market Neutral Fund                  | 811-05742         |
| BlackRock LifePath ESG Index 2045 Fund                       | 811-07332         |
| BlackRock LifePath ESG Index 2070 Fund                       | 811-07332         |
| BlackRock Large Cap Focus Value Fund, Inc.                   | 811-02739         |
| BlackRock New York Municipal Opportunities Fund              | 811-04375         |
| iShares Short-Term TIPS Bond Index Fund                      | 811-05742         |
| BlackRock Natural Resources Trust                            | 811-04282         |
| BlackRock Sustainable Total Return Fund                      | 811-02857         |
| iShares BBB-B CLO Active ETF                                 | 811-23511         |
| International Tilts Master Portfolio                         | 811-08162         |
| iShares Intermediate Muni Income Active ETF                  | 811-23511         |
| BlackRock Exchange Portfolio                                 | 811-05742         |
| BlackRock Global Allocation Portfolio                        | 811-03091         |
| BlackRock LifePath Index 2065 Fund                           | 811-07332         |
| BlackRock Advantage Large Cap Core Fund                      | 811-09637         |
| iShares U.S. Equity Factor Rotation Active ETF               | 811-23402         |
| iShares Large Cap Growth Active ETF                          | 811-23402         |
| BlackRock Impact Municipal Fund                              | 811-02688         |
| Advantage CoreAlpha Bond Master Portfolio                    | 811-23343         |
| BlackRock LifePath Dynamic 2035 Fund                         | 811-07332         |
| BlackRock LifePath ESG Index 2060 Fund                       | 811-07332         |
| iShares Floating Rate Loan Active ETF                        | 811-23511         |
| BlackRock Capital Appreciation Portfolio                     | 811-03091         |
| BlackRock Advantage Large Cap Core V.I. Fund                 | 811-03290         |
| BlackRock Global Dividend Portfolio                          | 811-22061         |
| BlackRock Allocation Target Shares: Series I Portfolio       | 811-21457         |
| iShares AAA CLO Active ETF                                   | 811-23511         |
| BlackRock Global Allocation V.I. Fund                        | 811-03290         |
| S&P 500 Index Master Portfolio                               | 811-08162         |
| BlackRock Low Duration Bond Portfolio                        | 811-23339         |
| BlackRock LifePath Dynamic 2070 Fund                         | 811-07332         |
| iShares Enhanced Roll Yield Index Fund                       | 811-05742         |
| BlackRock Technology Opportunities Fund                      | 811-05742         |
| BlackRock Unconstrained Equity Fund                          | 811-21759         |
| iShares MSCI EAFE International Index Fund                   | 811-07899         |
| BlackRock Inflation Protected Bond Portfolio                 | 811-23339         |
| BlackRock LifePath Dynamic 2050 Fund                         | 811-07332         |
| BlackRock Energy Opportunities Fund                          | 811-05742         |
| iShares Total Return Active ETF                              | 811-23511         |
| BATS: Series A Portfolio                                     | 811-21457         |
| BlackRock Advantage Emerging Markets Fund                    | 811-05742         |
| BlackRock LifePath Index 2050 Fund                           | 811-07332         |
| BlackRock Emerging Markets Fund, Inc.                        | 811-05723         |
| BlackRock Core Bond Portfolio                                | 811-23339         |
| BlackRock LifePath Dynamic 2055 Fund                         | 811-07332         |
| iShares U.S. Securitized Bond Index Fund                     | 811-05742         |
| iShares Large Cap Deep Buffer ETF                            | 811-23511         |
| BlackRock U.S. Carbon Transition Readiness ETF               | 811-23402         |
| BlackRock LifePath Index Retirement Fund                     | 811-07332         |
| BlackRock Mid-Cap Value Fund                                 | 811-07177         |
| BlackRock Health Sciences Opportunities Portfolio            | 811-05742         |
| iShares U.S. Intermediate Credit Bond Index Fund             | 811-05742         |
| BlackRock LifePath ESG Index Retirement Fund                 | 811-07332         |
| BlackRock Emerging Markets ex-China Fund                     | 811-05742         |
| BlackRock Dynamic High Income Portfolio                      | 811-22061         |
| BlackRock LifePath ESG Index 2055 Fund                       | 811-07332         |
| iShares Advantage Large Cap Income ETF                       | 811-23402         |
| BlackRock Equity Dividend Fund                               | 811-05178         |
| BlackRock Multi-Asset Income Portfolio                       | 811-22061         |
| BlackRock Advantage Small Cap Core Fund                      | 811-05742         |
| iShares U.S. Long Credit Bond Index Fund                     | 811-05742         |
| BlackRock Diversified Fixed Income Fund                      | 811-07332         |
| iShares Health Innovation Active ETF                         | 811-23402         |
| BlackRock Sustainable Advantage Large Cap Core Fund          | 811-05742         |
| iShares Large Cap Moderate Buffer ETF                        | 811-23511         |
| BlackRock Strategic Global Bond Fund, Inc.                   | 811-05603         |
| BlackRock Large Cap Focus Growth V.I. Fund                   | 811-03290         |
| BlackRock Capital Appreciation Fund, Inc.                    | 811-06669         |
| BlackRock LifePath Dynamic 2065 Fund                         | 811-07332         |
| BlackRock New Jersey Municipal Bond Fund                     | 811-04375         |
| BATS: Series S Portfolio                                     | 811-21457         |
| BATS: Series V Portfolio                                     | 811-21457         |
| iShares U.S. Intermediate Government Bond Index Fund         | 811-05742         |
| BlackRock LifePath ESG Index 2030 Fund                       | 811-07332         |
| BlackRock International V.I. Fund                            | 811-03290         |
| BATS: Series M Portfolio                                     | 811-21457         |
| BlackRock Sustainable Advantage International Equity Fund    | 811-05742         |
| BATS: Series E Portfolio                                     | 811-21457         |
| iShares U.S. Long Government Bond Index Fund                 | 811-05742         |
| BlackRock Mortgage-Backed Securities Fund                    | 811-23339         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

## Part E: Additional Questions for ETFs and ETMFs

### iShares International Dividend Active ETF

**Item E.1 - Exchange**

- **Exchange:** ARCX

- **Ticker:** BIDD

**Item E.2 - Authorized Participants**

| Name                                      | Purchase Value   | Redeem Value   |
|:---|:---|:---|
| Morgan Stanley & Co. LLC                  | $0.00            | $0.00          |
| Macquarie Capital (USA) Inc.              | $0.00            | $0.00          |
| Citadel Securities LLC                    | $0.00            | $0.00          |
| BNP Paribas Securities Corp.              | $0.00            | $0.00          |
| Goldman Sachs & Co. LLC                   | $0.00            | $0.00          |
| Jefferies LLC                             | $0.00            | $0.00          |
| Mirae Asset Securities (USA) Inc.         | $0.00            | $0.00          |
| RBC Capital Markets, LLC                  | $0.00            | $0.00          |
| HRT Financial LP                          | $0.00            | $0.00          |
| Wedbush Securities Inc.                   | $0.00            | $0.00          |
| ABN AMRO Clearing USA LLC                 | $0.00            | $0.00          |
| TD Prime Services LLC                     | $0.00            | $0.00          |
| Jane Street Capital, LLC                  | $0.00            | $0.00          |
| Virtu Americas LLC                        | $0.00            | $12,472,396.24 |
| Merrill Lynch Professional Clearing Corp. | $0.00            | $0.00          |
| Deutsche Bank Securities Inc.             | $0.00            | $0.00          |
| UBS Securities LLC                        | $3,982,612.80    | $18,091,346.96 |
| Wells Fargo Securities, LLC               | $0.00            | $0.00          |
| Mizuho Securities USA LLC                 | $1,999,908.88    | $0.00          |
| Citigroup Global Markets Inc.             | $0.00            | $0.00          |
| J.P. Morgan Securities LLC                | $0.00            | $0.00          |
| Cantor Fitzgerald & Co.                   | $0.00            | $0.00          |
| Scotia Capital (USA) Inc.                 | $0.00            | $0.00          |
| BMO Capital Markets Corp.                 | $0.00            | $0.00          |
| Barclays Capital Inc.                     | $0.00            | $0.00          |
| Cowen and Company, LLC                    | $0.00            | $0.00          |
| Nomura Securities International, Inc.     | $0.00            | $0.00          |
| HSBC Securities (USA) Inc.                | $0.00            | $0.00          |
| CIBC World Markets Corp.                  | $0.00            | $0.00          |
| Interactive Brokers LLC                   | $0.00            | $0.00          |
| Natixis Securities Americas LLC           | $0.00            | $0.00          |
| Cowen Execution Services LLC              | $0.00            | $0.00          |
| SG Americas Securities, LLC               | $0.00            | $0.00          |
| BofA Securities, Inc.                     | $13,537,535.76   | $0.00          |
| State Street Global Markets, LLC          | $0.00            | $0.00          |
| J.P. Morgan Securities LLC/JPMC           | $1,991,306.40    | $55,039,460.16 |
| BNY Capital Markets, LLC                  | $0.00            | $0.00          |
| ITAU BBA USA Securities, Inc.             | $0.00            | $0.00          |
| Credit Suisse Securities (USA) LLC        | $0.00            | $0.00          |

**Item E.3 - Creation Units**

- **a. Number of Fund shares required to form a creation unit:** 80,000.00

- **b.i. Average percentage of value composed of cash (purchased):** 15.51%

- **c.i. Average percentage of value composed of cash (redeemed):** 15.60%

- **d.i.2. Average transaction fee (dollars for one or more units, purchased):** $200.00

- **d.i.3. Average transaction fee (percentage of value, purchased):** 0.00%

- **Item E.5 - Is the Fund an 'In-Kind Exchange-Traded Fund'?** No

### iShares Long-Term U.S. Equity Active ETF

**Item E.1 - Exchange**

- **Exchange:** XNAS

- **Ticker:** BELT

**Item E.2 - Authorized Participants**

| Name                                      | Purchase Value   | Redeem Value   |
|:---|:---|:---|
| State Street Global Markets, LLC          | $0.00            | $0.00          |
| Scotia Capital (USA) Inc.                 | $0.00            | $0.00          |
| Barclays Capital Inc.                     | $0.00            | $0.00          |
| Morgan Stanley & Co. LLC                  | $0.00            | $0.00          |
| Cantor Fitzgerald & Co.                   | $0.00            | $0.00          |
| Deutsche Bank Securities Inc.             | $0.00            | $0.00          |
| J.P. Morgan Securities LLC/JPMC           | $0.00            | $0.00          |
| ITAU BBA USA Securities, Inc.             | $0.00            | $0.00          |
| Wedbush Securities Inc.                   | $0.00            | $0.00          |
| Interactive Brokers LLC                   | $0.00            | $0.00          |
| HRT Financial LP                          | $0.00            | $0.00          |
| ABN AMRO Clearing USA LLC                 | $0.00            | $0.00          |
| Macquarie Capital (USA) Inc.              | $0.00            | $0.00          |
| Natixis Securities Americas LLC           | $0.00            | $0.00          |
| BNY Capital Markets, LLC                  | $0.00            | $0.00          |
| Nomura Securities International, Inc.     | $0.00            | $0.00          |
| BofA Securities, Inc.                     | $5,151,110.50    | $0.00          |
| Citigroup Global Markets Inc.             | $0.00            | $0.00          |
| Jefferies LLC                             | $0.00            | $0.00          |
| BNP Paribas Securities Corp.              | $0.00            | $0.00          |
| J.P. Morgan Securities LLC                | $0.00            | $0.00          |
| Cowen and Company, LLC                    | $0.00            | $0.00          |
| Wells Fargo Securities, LLC               | $0.00            | $0.00          |
| RBC Capital Markets, LLC                  | $0.00            | $0.00          |
| Citadel Securities LLC                    | $0.00            | $639,238.76    |
| Merrill Lynch Professional Clearing Corp. | $2,070,269.50    | $1,861,964.18  |
| Cowen Execution Services LLC              | $0.00            | $0.00          |
| Virtu Americas LLC                        | $3,841,860.77    | $797,622.84    |
| CIBC World Markets Corp.                  | $0.00            | $0.00          |
| TD Prime Services LLC                     | $0.00            | $0.00          |
| Mirae Asset Securities (USA) Inc.         | $0.00            | $0.00          |
| Credit Suisse Securities (USA) LLC        | $0.00            | $0.00          |
| SG Americas Securities, LLC               | $0.00            | $0.00          |
| UBS Securities LLC                        | $0.00            | $0.00          |
| Jane Street Capital, LLC                  | $0.00            | $0.00          |
| Mizuho Securities USA LLC                 | $0.00            | $0.00          |
| Goldman Sachs & Co. LLC                   | $0.00            | $0.00          |
| BMO Capital Markets Corp.                 | $0.00            | $0.00          |
| HSBC Securities (USA) Inc.                | $0.00            | $0.00          |

**Item E.3 - Creation Units**

- **a. Number of Fund shares required to form a creation unit:** 5,000.00

- **b.i. Average percentage of value composed of cash (purchased):** 1.06%

- **c.i. Average percentage of value composed of cash (redeemed):** 2.44%

- **d.i.2. Average transaction fee (dollars for one or more units, purchased):** $100.00

- **d.i.3. Average transaction fee (percentage of value, purchased):** 0.00%

- **Item E.5 - Is the Fund an 'In-Kind Exchange-Traded Fund'?** No

### iShares Technology Opportunities Active ETF

**Item E.1 - Exchange**

- **Exchange:** ARCX

- **Ticker:** TEK

**Item E.2 - Authorized Participants**

| Name                                      | Purchase Value   | Redeem Value   |
|:---|:---|:---|
| Wedbush Securities Inc.                   | $0.00            | $0.00          |
| Citigroup Global Markets Inc.             | $0.00            | $0.00          |
| Virtu Americas LLC                        | $6,071,991.88    | $0.00          |
| Jefferies LLC                             | $0.00            | $0.00          |
| Jane Street Capital, LLC                  | $2,073,707.76    | $0.00          |
| Merrill Lynch Professional Clearing Corp. | $0.00            | $0.00          |
| Mirae Asset Securities (USA) Inc.         | $0.00            | $0.00          |
| BMO Capital Markets Corp.                 | $0.00            | $0.00          |
| Cowen and Company, LLC                    | $0.00            | $0.00          |
| Natixis Securities Americas LLC           | $0.00            | $0.00          |
| HRT Financial LP                          | $0.00            | $0.00          |
| State Street Global Markets, LLC          | $0.00            | $0.00          |
| BNY Capital Markets, LLC                  | $0.00            | $0.00          |
| BNP Paribas Securities Corp.              | $0.00            | $0.00          |
| Mizuho Securities USA LLC                 | $854,683.72      | $0.00          |
| RBC Capital Markets, LLC                  | $0.00            | $0.00          |
| ITAU BBA USA Securities, Inc.             | $0.00            | $0.00          |
| TD Prime Services LLC                     | $0.00            | $0.00          |
| Citadel Securities LLC                    | $0.00            | $0.00          |
| Interactive Brokers LLC                   | $0.00            | $0.00          |
| ABN AMRO Clearing USA LLC                 | $0.00            | $0.00          |
| Goldman Sachs & Co. LLC                   | $0.00            | $0.00          |
| Morgan Stanley & Co. LLC                  | $0.00            | $0.00          |
| Deutsche Bank Securities Inc.             | $0.00            | $0.00          |
| Scotia Capital (USA) Inc.                 | $0.00            | $0.00          |
| CIBC World Markets Corp.                  | $0.00            | $0.00          |
| Cowen Execution Services LLC              | $0.00            | $0.00          |
| Cantor Fitzgerald & Co.                   | $0.00            | $0.00          |
| Credit Suisse Securities (USA) LLC        | $0.00            | $0.00          |
| J.P. Morgan Securities LLC/JPMC           | $2,045,301.84    | $0.00          |
| UBS Securities LLC                        | $0.00            | $0.00          |
| BofA Securities, Inc.                     | $10,040,380.80   | $0.00          |
| SG Americas Securities, LLC               | $0.00            | $0.00          |
| Macquarie Capital (USA) Inc.              | $0.00            | $0.00          |
| Nomura Securities International, Inc.     | $0.00            | $0.00          |
| J.P. Morgan Securities LLC                | $0.00            | $0.00          |
| HSBC Securities (USA) Inc.                | $0.00            | $0.00          |
| Barclays Capital Inc.                     | $0.00            | $0.00          |
| Wells Fargo Securities, LLC               | $0.00            | $0.00          |

**Item E.3 - Creation Units**

- **a. Number of Fund shares required to form a creation unit:** 40,000.00

- **b.i. Average percentage of value composed of cash (purchased):** 3.14%

- **c.i. Average percentage of value composed of cash (redeemed):** 0.00%

- **d.i.2. Average transaction fee (dollars for one or more units, purchased):** $100.00

- **d.i.3. Average transaction fee (percentage of value, purchased):** 0.00%

- **Item E.5 - Is the Fund an 'In-Kind Exchange-Traded Fund'?** No

### iShares Large Cap Growth Active ETF

**Item E.1 - Exchange**

- **Exchange:** XNAS

- **Ticker:** BGRO

**Item E.2 - Authorized Participants**

| Name                                      | Purchase Value   | Redeem Value   |
|:---|:---|:---|
| Citadel Securities LLC                    | $311,219.82      | $0.00          |
| Barclays Capital Inc.                     | $0.00            | $0.00          |
| Macquarie Capital (USA) Inc.              | $0.00            | $0.00          |
| ITAU BBA USA Securities, Inc.             | $0.00            | $0.00          |
| BNP Paribas Securities Corp.              | $0.00            | $0.00          |
| Wedbush Securities Inc.                   | $0.00            | $0.00          |
| Deutsche Bank Securities Inc.             | $0.00            | $0.00          |
| Credit Suisse Securities (USA) LLC        | $0.00            | $0.00          |
| TD Prime Services LLC                     | $0.00            | $0.00          |
| HRT Financial LP                          | $0.00            | $0.00          |
| Cowen and Company, LLC                    | $0.00            | $0.00          |
| Wells Fargo Securities, LLC               | $0.00            | $0.00          |
| Scotia Capital (USA) Inc.                 | $0.00            | $0.00          |
| Mizuho Securities USA LLC                 | $0.00            | $0.00          |
| Morgan Stanley & Co. LLC                  | $0.00            | $0.00          |
| Jefferies LLC                             | $0.00            | $0.00          |
| Goldman Sachs & Co. LLC                   | $0.00            | $0.00          |
| UBS Securities LLC                        | $0.00            | $0.00          |
| Virtu Americas LLC                        | $968,584.84      | $0.00          |
| State Street Global Markets, LLC          | $0.00            | $0.00          |
| J.P. Morgan Securities LLC                | $0.00            | $0.00          |
| Interactive Brokers LLC                   | $0.00            | $0.00          |
| RBC Capital Markets, LLC                  | $0.00            | $0.00          |
| Jane Street Capital, LLC                  | $0.00            | $0.00          |
| Merrill Lynch Professional Clearing Corp. | $0.00            | $0.00          |
| Nomura Securities International, Inc.     | $0.00            | $0.00          |
| CIBC World Markets Corp.                  | $0.00            | $0.00          |
| HSBC Securities (USA) Inc.                | $0.00            | $0.00          |
| Natixis Securities Americas LLC           | $0.00            | $0.00          |
| Citigroup Global Markets Inc.             | $0.00            | $0.00          |
| SG Americas Securities, LLC               | $0.00            | $0.00          |
| J.P. Morgan Securities LLC/JPMC           | $0.00            | $0.00          |
| Mirae Asset Securities (USA) Inc.         | $0.00            | $0.00          |
| ABN AMRO Clearing USA LLC                 | $0.00            | $0.00          |
| Cantor Fitzgerald & Co.                   | $0.00            | $0.00          |
| BNY Capital Markets, LLC                  | $0.00            | $0.00          |
| BofA Securities, Inc.                     | $5,100,000.00    | $0.00          |
| Cowen Execution Services LLC              | $0.00            | $0.00          |
| BMO Capital Markets Corp.                 | $0.00            | $0.00          |

**Item E.3 - Creation Units**

- **a. Number of Fund shares required to form a creation unit:** 5,000.00

- **b.i. Average percentage of value composed of cash (purchased):** 0.66%

- **c.i. Average percentage of value composed of cash (redeemed):** 0.00%

- **d.i.2. Average transaction fee (dollars for one or more units, purchased):** $191.46

- **d.i.3. Average transaction fee (percentage of value, purchased):** 0.00%

- **Item E.5 - Is the Fund an 'In-Kind Exchange-Traded Fund'?** No

### iShares A.I. Innovation and Tech Active ETF

**Item E.1 - Exchange**

- **Exchange:** ARCX

- **Ticker:** BAI

**Item E.2 - Authorized Participants**

| Name                                      | Purchase Value   | Redeem Value   |
|:---|:---|:---|
| Mirae Asset Securities (USA) Inc.         | $0.00            | $0.00          |
| Cowen Execution Services LLC              | $0.00            | $0.00          |
| BNY Capital Markets, LLC                  | $0.00            | $0.00          |
| Cantor Fitzgerald & Co.                   | $0.00            | $0.00          |
| Natixis Securities Americas LLC           | $0.00            | $0.00          |
| Merrill Lynch Professional Clearing Corp. | $0.00            | $0.00          |
| BNP Paribas Securities Corp.              | $0.00            | $0.00          |
| J.P. Morgan Securities LLC                | $0.00            | $0.00          |
| Cowen and Company, LLC                    | $0.00            | $0.00          |
| Credit Suisse Securities (USA) LLC        | $0.00            | $0.00          |
| CIBC World Markets Corp.                  | $0.00            | $0.00          |
| TD Prime Services LLC                     | $0.00            | $0.00          |
| Jefferies LLC                             | $0.00            | $0.00          |
| Nomura Securities International, Inc.     | $0.00            | $0.00          |
| Citigroup Global Markets Inc.             | $0.00            | $0.00          |
| State Street Global Markets, LLC          | $0.00            | $0.00          |
| Scotia Capital (USA) Inc.                 | $0.00            | $0.00          |
| Macquarie Capital (USA) Inc.              | $0.00            | $0.00          |
| UBS Securities LLC                        | $6,582,340.24    | $0.00          |
| BofA Securities, Inc.                     | $10,002,442.00   | $0.00          |
| Wedbush Securities Inc.                   | $0.00            | $0.00          |
| Mizuho Securities USA LLC                 | $7,524,048.12    | $0.00          |
| ITAU BBA USA Securities, Inc.             | $0.00            | $0.00          |
| Goldman Sachs & Co. LLC                   | $39,969,311.24   | $0.00          |
| Morgan Stanley & Co. LLC                  | $0.00            | $0.00          |
| Virtu Americas LLC                        | $31,581,667.16   | $0.00          |
| Barclays Capital Inc.                     | $0.00            | $0.00          |
| J.P. Morgan Securities LLC/JPMC           | $33,912,739.24   | $0.00          |
| RBC Capital Markets, LLC                  | $0.00            | $0.00          |
| Deutsche Bank Securities Inc.             | $0.00            | $0.00          |
| HRT Financial LP                          | $0.00            | $0.00          |
| ABN AMRO Clearing USA LLC                 | $0.00            | $0.00          |
| SG Americas Securities, LLC               | $0.00            | $0.00          |
| HSBC Securities (USA) Inc.                | $0.00            | $0.00          |
| Citadel Securities LLC                    | $0.00            | $0.00          |
| Jane Street Capital, LLC                  | $14,873,930.12   | $0.00          |
| BMO Capital Markets Corp.                 | $0.00            | $0.00          |
| Interactive Brokers LLC                   | $0.00            | $0.00          |
| Wells Fargo Securities, LLC               | $0.00            | $0.00          |

**Item E.3 - Creation Units**

- **a. Number of Fund shares required to form a creation unit:** 40,000.00

- **b.i. Average percentage of value composed of cash (purchased):** 3.86%

- **c.i. Average percentage of value composed of cash (redeemed):** 0.00%

- **d.i.2. Average transaction fee (dollars for one or more units, purchased):** $100.00

- **d.i.3. Average transaction fee (percentage of value, purchased):** 0.00%

- **Item E.5 - Is the Fund an 'In-Kind Exchange-Traded Fund'?** No

## N-CEN: Part G: Attachments

**Item G.1a. Attachments.**

Attachments applicable to all Registrants. All Registrants shall file the following attachments, as applicable, with the current report. Indicate the attachments filed with the current report by checking the applicable items below:

- [ ] i. Legal proceedings

- [ ] ii. Provision of financial support

- [x] iii. Independent public accountant's report on internal control (management investment companies other than small business investment companies only)

- [ ] iv. Change in accounting principles and practices

- [ ] v. Information required to be filed pursuant to exemptive orders

- [ ] vi. Other information required to be included as an attachment pursuant to Commission rules and regulations

## N-CEN: Signature

Pursuant to the requirements of the Investment Company Act of 1940, the Registrant has duly caused this report to a be signed on its behalf by the undersigned hereunto duly authorized.

**Registrant:** BlackRock ETF Trust

**Date:** 2025-07-11

**Signature:** Chuck Pulsfort

**Title:** Assistant Treasurer