# EDGAR Filing Document

**Accession Number:** 0001761055
**File Stem:** 0002071691-26-000173
**Filing Date:** 2026-1
**Character Count:** 152280
**Document Hash:** 3f88def9397af9f329ccea080f1e4c9d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-000173.hdr.sgml**: 20260114

**ACCESSION NUMBER**: 0002071691-26-000173

**CONFORMED SUBMISSION TYPE**: N-CEN

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20260114

**DATE AS OF CHANGE**: 20260114

**EFFECTIVENESS DATE**: 20260114

**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:** 26532666

**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 Enhanced Short-Term Bond Active ETF (Series ID: S000085056)

| Class ID   | Class Name                                  | Ticker Symbol   |
|:---|:---|:---|
| C000249919 | iShares Enhanced Short-Term Bond Active ETF |  |

### iShares Government Money Market ETF (Series ID: S000089874)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000256702 | iShares Government Money Market ETF |  |

### iShares Prime Money Market ETF (Series ID: S000089875)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000256703 | iShares Prime Money Market ETF |  |

### iShares Managed Futures Active ETF (Series ID: S000090448)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000257655 | iShares Managed Futures Active ETF |  |

## Internal

## **Report of Independent Registered Public Accounting Firm** 
To the Board of Trustees of BlackRock ETF Trust and Shareholders of each of the four funds listed in Appendix A

In planning and performing our audits of the financial statements of the funds listed in Appendix A (consolidated financial statements of iShares Managed Futures Active ETF) (hereafter collectively referred to as the "Funds") as of and for the periods ended October 31, 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 October 31, 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

December 22, 2025

------

**Appendix A**

**BlackRock ETF Trust**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. iShares Enhanced Short-Term Bond Active ETF

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. iShares Government Money Market ETF\*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. iShares Managed Futures Active ETF\*\*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. iShares Prime Money Market ETF\*

\*February 4, 2025 (commencement of operations) through October 31, 2025

\*\*March 12, 2025 (commencement of operations) through October 31, 2025

## Internal

```

Report of Independent Registered Public
Accounting Firm

To the Board of Trustees of BlackRock ETF Trust and
Shareholders of each of the four funds listed in Appendix
A

In planning and performing our audits of the financial
statements of the funds listed in Appendix A
(consolidated financial statements of iShares Managed
Futures Active ETF) (hereafter collectively referred to as
the "Funds") as of and for the periods ended October 31,
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 October 31, 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
December 22, 2025

Appendix A

BlackRock ETF Trust

1.	iShares Enhanced Short-Term Bond Active ETF
2.	iShares Government Money Market ETF*
3.	iShares Managed Futures Active ETF**
4.	iShares Prime Money Market ETF*

*February 4, 2025 (commencement of operations)
through October 31, 2025
**March 12, 2025 (commencement of operations)
through October 31, 2025

1

PricewaterhouseCoopers LLP, Two Commerce Square, Suite 1800,
2001 Market Street, Philadelphia, PA 19103-7042 T: (267) 330 3000,
www.pwc.com/us

```

# 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:** S000089875

**Series ID Record:2**
- **Series ID:** S000089874

**Series ID Record:3**
- **Series ID:** S000090448

**Series ID Record:4**
- **Series ID:** S000085056

**Class ID Record:1**
- **Class ID:** C000256703

**Class ID Record:2**
- **Class ID:** C000256702

**Class ID Record:3**
- **Class ID:** C000257655

**Class ID Record:4**
- **Class ID:** C000249919

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

**Item A.1.a - Report for period ending:** 2025-10-31

**Item A.1.b - Does this report cover a period of less than 12 months?:** No

## 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):** 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: 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):** 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: 4**

- **a. Name of person (e.g., a custodian of records):** JPMorgan Chase Bank, N.A.

- **b. Street 1:** 383 Madison Avenue

- **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:** 10179

- **g. Telephone number:** 212-648-0466

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

- **Item B.4.a - Is this the first filing by the Registrant?:** No

- **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:** 25

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

### 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

## Part C: Additional Questions for Management Investment Companies

### Management Investment Record: 1 - iShares Prime Money Market ETF

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

- **a. Full Name of the Fund:** iShares Prime Money Market ETF

- **b. Series identification number, if any:** S000089875

- **c. LEI:** 529900JZ3UGUPYZ23C81

- **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 Prime Money Market ETF | C000256703                                | PMMF                         |

**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

- [x] 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:** $0.00

- **g. Provide the net income from securities lending activities:** $0.00

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

Did the Fund rely on the following rules?

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

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

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

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

- **a. Did the Fund have an expense limitation arrangement?** No

- **b. Were any expenses reduced or waived?** No

- **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:** JPMorgan Chase Bank, N.A.

- **ii. SEC file number:** 85-11399

- **iii. LEI, if any:** 7H6GLXDRUGQFU57RNE97

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

- **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 Pricing & Reference Data, LLC

- **ii. LEI, if any, or provide and describe other identifying number:** 5493000NQ9LYLDBCTL34

- **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:** JPMorgan Chase Bank, N.A.

- **ii. LEI, if any:** 7H6GLXDRUGQFU57RNE97

- **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?:** 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))

- **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:** JPMorgan Chase Bank, N.A.

- **ii. LEI, if any, or other identifying number:** 7H6GLXDRUGQFU57RNE97

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

- **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:** HPS Securities, LLC

- **b. SEC file number:** 8-70910

- **c. CRD number:** 000319197

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

- **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

**Broker Dealers Record: 3**

- **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.**

No Brokers reported.

**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        | $3,812,982,556.44         |
| Barclays Capital, Inc.        | 8-41342           | 000019714    | AC28XWWI3WIBK2824319 | NY      | US        | $39,649,479.61            |
| Bankers Trust Company         | N/A               | N/A          | II61D6IY86YZ37HBBL25 | IA      | US        | $36,469,209.72            |
| Wells Fargo Securities, LLC   | 8-65876           | 000126292    | VYVVCKR63DVZZN70PB21 | NC      | US        | $29,714,124.95            |
| Citigroup Global Markets Inc. | 8-08177           | 000007059    | MBNUM2BPBDO7JBLYG310 | NY      | US        | $61,565,047.37            |
| BNP Paribas Securities Corp.  | 8-32682           | 000015794    | RCNB6OTYUAMMP879YW96 | NY      | US        | $3,619,900,000.00         |
| Goldman Sachs & Co. LLC       | 8-00129           | 000000361    | FOR8UP27PHTHYVLBNG30 | NY      | US        | $3,803,061,743.39         |
| Bank of New York Mellon Corp. | N/A               | N/A          | WFLLPEPC7FZXENRZV188 | NY      | US        | $3,906,550,000.00         |
| TD SECURITIES (USA) LLC       | 8-36747           | 000018476    | SUVUFHICNZMP2WKHG940 | NY      | US        | $77,489,054.71            |
| J.P. Morgan Securities LLC    | 8-35008           | 000000079    | ZBUT11V806EZRVTWT807 | NY      | US        | $6,124,681,276.26         |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $21,599,538,420.89

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

- **Item C.19.b - Money market fund's daily average net assets:** $238,181,901.01

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

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

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

### Management Investment Record: 2 - iShares Government Money Market ETF

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

- **a. Full Name of the Fund:** iShares Government Money Market ETF

- **b. Series identification number, if any:** S000089874

- **c. LEI:** 529900WFQ6QG1HXYO737

- **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 Government Money Market ETF | C000256702                                | GMMF                         |

**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

- [x] 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:** $0.00

- **g. Provide the net income from securities lending activities:** $0.00

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

Did the Fund rely on the following rules?

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

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

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

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

- **a. Did the Fund have an expense limitation arrangement?** No

- **b. Were any expenses reduced or waived?** No

- **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:** JPMorgan Chase Bank, N.A.

- **ii. SEC file number:** 85-11399

- **iii. LEI, if any:** 7H6GLXDRUGQFU57RNE97

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

- **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 Pricing & Reference Data, LLC

- **ii. LEI, if any, or provide and describe other identifying number:** 5493000NQ9LYLDBCTL34

- **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:** JPMorgan Chase Bank, N.A.

- **ii. LEI, if any:** 7H6GLXDRUGQFU57RNE97

- **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?:** 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))

- **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:** JPMorgan Chase Bank, N.A.

- **ii. LEI, if any, or other identifying number:** 7H6GLXDRUGQFU57RNE97

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

- **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:** HPS Securities, LLC

- **b. SEC file number:** 8-70910

- **c. CRD number:** 000319197

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

- **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: 3**

- **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.**

No Brokers reported.

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

| Name                          | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| Deutsche Bank Securities Inc. | 8-17822           | 000002525    | 9J6MBOOO7BECTDTUZW19 | NY      | US        | $3,050,011.82             |
| Goldman Sachs & Co. LLC       | 8-00129           | 000000361    | FOR8UP27PHTHYVLBNG30 | NY      | US        | $908,950,000.00           |
| J.P. Morgan Securities LLC    | 8-35008           | 000000079    | ZBUT11V806EZRVTWT807 | NY      | US        | $660,134,254.58           |
| Bank of New York Mellon Corp. | N/A               | N/A          | WFLLPEPC7FZXENRZV188 | NY      | US        | $658,400,000.00           |
| BofA Securities, Inc.         | 8-69787           | 000283942    | 549300HN4UKV1E2R3U73 | NY      | US        | $939,955,992.30           |
| Citigroup Global Markets Inc. | 8-08177           | 000007059    | MBNUM2BPBDO7JBLYG310 | NY      | US        | $12,405,488.71            |
| Barclays Capital, Inc.        | 8-41342           | 000019714    | AC28XWWI3WIBK2824319 | NY      | US        | $21,281,057.73            |
| BNP Paribas Securities Corp.  | 8-32682           | 000015794    | RCNB6OTYUAMMP879YW96 | NY      | US        | $907,000,000.00           |
| BMO Capital Markets Corp.     | 8-34344           | 000016686    | RUC0QBLBRPRCU4W1NE59 | NY      | US        | $8,974,874.56             |
| Pershing LLC                  | 8-17574           | 000007560    | ZI8Q1A8EI8LQFJNM0D94 | NJ      | US        | $16,035,413.12            |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $4,152,365,735.87

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

- **Item C.19.b - Money market fund's daily average net assets:** $52,130,587.49

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

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

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

### Management Investment Record: 3 - iShares Managed Futures Active ETF

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

- **a. Full Name of the Fund:** iShares Managed Futures Active ETF

- **b. Series identification number, if any:** S000090448

- **c. LEI:** 529900C7LH6OLSV03524

- **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 Managed Futures Active ETF | C000257655                                | ISMF                         |

**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?** —

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

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

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

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

- Rule 18f-4 (17 CFR 270.18f-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:** 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: 2**

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

- **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:** 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: 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:** 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: 2**

- **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: 3**

- **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: 4**

- **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: 5**

- **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: 6**

- **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: 7**

- **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: 8**

- **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: 9**

- **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: 10**

- **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: 11**

- **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: 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:** 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: 14**

- **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: 15**

- **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)

- **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:** HPS Securities, LLC

- **b. SEC file number:** 8-70910

- **c. CRD number:** 000319197

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

- **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

**Broker Dealers Record: 3**

- **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:** 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:** $8,626.99

**Aggregate Commission:** $8,626.99

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

| Name                                                 | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| J.P. Morgan Securities LLC                           | 8-35008           | 000000079    | ZBUT11V806EZRVTWT807 | NY      | US        | $10,486,948.48            |
| Deutsche Bank Securities Inc.                        | 8-17822           | 000002525    | 9J6MBOOO7BECTDTUZW19 | NY      | US        | $2,993,316.75             |
| Barclays Capital Inc.                                | 8-41342           | 000019714    | AC28XWWI3WIBK2824319 | NY      | US        | $2,990,878.33             |
| Citigroup Global Markets Inc.                        | 8-8177            | 000007059    | MBNUM2BPBDO7JBLYG310 | NY      | US        | $22,047,383.86            |
| Nomura Securities International, Inc.                | 8-15255           | 000004297    | OXTKY6Q8X53C9ILVV871 | NY      | US        | $11,382,688.73            |
| RBC Capital Markets, LLC                             | 8-45411           | 000031194    | 549300LCO2FLSSVFFR64 | NY      | US        | $113,600.73               |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | N/A               | N/A          | 5493005PQV5UQG4OSI49 | DE      | US        | $70,650,000.00            |
| BMO Capital Markets Corp.                            | 8-34344           | 000016686    | RUC0QBLBRPRCU4W1NE59 | NY      | US        | $5,403,057.25             |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $126,067,874.13

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

- **Item C.19.a - Fund's monthly average net assets:** $18,310,388.18

**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 Bank of New York Mellon

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

  - **Line Institutions Record: 3 Name of institution:** Barclays Bank PLC

  - **Line Institutions Record: 4 Name of institution:** State Street Bank and Trust Co.

  - **Line Institutions Record: 5 Name of institution:** Mizuho Bank, Ltd.

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

  - **Line Institutions Record: 7 Name of institution:** Royal Bank of Canada

  - **Line Institutions Record: 8 Name of institution:** The Toronto-Dominion Bank, New York Branch

  - **Line Institutions Record: 9 Name of institution:** Citibank, N.A.

  - **Line Institutions Record: 10 Name of institution:** Bank of America, N.A.

  - **Line Institutions Record: 11 Name of institution:** MUFG Bank, Ltd.

  - **Line Institutions Record: 12 Name of institution:** BNP Paribas

  - **Line Institutions Record: 13 Name of institution:** The Northern Trust Co.

  - **Line Institutions Record: 14 Name of institution:** Bank of Montreal

  - **Line Institutions Record: 15 Name of institution:** JPMorgan Chase Bank, N.A.

  - **Line Institutions Record: 16 Name of institution:** Deutsche Bank AG New York Branch

  - **Line Institutions Record: 17 Name of institution:** Societe Generale

  - **Line Institutions Record: 18 Name of institution:** Standard Chartered Bank

  - **Line Institutions Record: 19 Name of institution:** Morgan Stanley Bank, N.A.

  - **Line Institutions Record: 20 Name of institution:** Wells Fargo Bank, N.A.

  - **Line Institutions Record: 21 Name of institution:** Goldman Sachs Bank USA

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

- **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 Enhanced Short-Term Bond Active ETF

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

- **a. Full Name of the Fund:** iShares Enhanced Short-Term Bond Active ETF

- **b. Series identification number, if any:** S000085056

- **c. LEI:** 529900SE5I1LVO7LNN81

- **d. Is this the first filing on this form by the Fund?:** No

**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 Enhanced Short-Term Bond Active ETF | C000249919                                | CSHP                         |

**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:** $2,535,845.84

- **g. Provide the net income from securities lending activities:** $4,884.00

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

Did the Fund rely on the following rules?

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

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

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

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

- Rule 18f-4 (17 CFR 270.18f-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:** 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: 2**

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

- **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:** 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: 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:** 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: 2**

- **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: 3**

- **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: 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:** 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: 6**

- **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: 7**

- **i. Full name:** Deutsche Bank Aktiengesellschaft (Amsterdam, Noord Holland, NL, 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: 8**

- **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: 9**

- **i. Full name:** UniCredit Bank Czech Republic and Slovakia, a.s.

- **ii. LEI, if any:** KR6LSKV3BTSJRD41IF75

- **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:** 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: 11**

- **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: 12**

- **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: 13**

- **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: 14**

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

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

- **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: 15**

- **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: 16**

- **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: 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:** 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: 19**

- **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: 20**

- **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: 21**

- **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: 22**

- **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: 23**

- **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: 24**

- **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: 25**

- **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: 26**

- **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: 27**

- **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: 28**

- **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)

- **b. Was a custodian hired or terminated during the reporting period?** Yes

**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:** HPS Securities, LLC

- **b. SEC file number:** 8-70910

- **c. CRD number:** 000319197

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

- **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: 3**

- **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:** 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:** $1,988.65

**Aggregate Commission:** $1,988.65

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

| Name                                                 | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| CIBC World Markets Corp.                             | 8-18333           | 000000630    | 549300445CON3DBMU275 | NY      | US        | $35,011,590.70            |
| BofA Securities, Inc.                                | 8-69787           | 000283942    | 549300HN4UKV1E2R3U73 | NY      | US        | $831,126,847.60           |
| Wells Fargo Securities, LLC                          | 8-65876           | 000126292    | VYVVCKR63DVZZN70PB21 | NC      | US        | $18,776,220.14            |
| J.P. Morgan Securities LLC                           | 8-35008           | 000000079    | ZBUT11V806EZRVTWT807 | NY      | US        | $141,863,353.36           |
| Citigroup Global Markets Inc.                        | 8-8177            | 000007059    | MBNUM2BPBDO7JBLYG310 | NY      | US        | $34,082,515.25            |
| Barclays Capital Inc.                                | 8-41342           | 000019714    | AC28XWWI3WIBK2824319 | NY      | US        | $46,562,525.48            |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | N/A               | N/A          | 5493005PQV5UQG4OSI49 | DE      | US        | $157,940,000.00           |
| BMO Capital Markets Corp.                            | 8-34344           | 000016686    | RUC0QBLBRPRCU4W1NE59 | NY      | US        | $52,556,382.44            |
| Goldman Sachs & Co. LLC                              | 8-129             | 000000361    | FOR8UP27PHTHYVLBNG30 | NY      | US        | $212,118,137.73           |
| Citadel Securities LLC                               | 8-53574           | 000116797    | 12UUJYTN7D3SW8KCSG25 | FL      | US        | $97,498,877.83            |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $1,694,815,199.51

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

- **Item C.19.a - Fund's monthly average net assets:** $85,648,825.20

**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:** MUFG Bank, Ltd.

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

  - **Line Institutions Record: 3 Name of institution:** Bank of America, N.A.

  - **Line Institutions Record: 4 Name of institution:** The Toronto-Dominion Bank, New York Branch

  - **Line Institutions Record: 5 Name of institution:** The Northern Trust Co.

  - **Line Institutions Record: 6 Name of institution:** Barclays Bank PLC

  - **Line Institutions Record: 7 Name of institution:** Royal Bank of Canada

  - **Line Institutions Record: 8 Name of institution:** Societe Generale

  - **Line Institutions Record: 9 Name of institution:** Deutsche Bank AG New York Branch

  - **Line Institutions Record: 10 Name of institution:** The Bank of New York Mellon

  - **Line Institutions Record: 11 Name of institution:** Bank of Montreal

  - **Line Institutions Record: 12 Name of institution:** Wells Fargo Bank, N.A.

  - **Line Institutions Record: 13 Name of institution:** Brown Brothers Harriman & Co.

  - **Line Institutions Record: 14 Name of institution:** Mizuho Bank, Ltd.

  - **Line Institutions Record: 15 Name of institution:** BNP Paribas

  - **Line Institutions Record: 16 Name of institution:** Standard Chartered Bank

  - **Line Institutions Record: 17 Name of institution:** Citibank, N.A.

  - **Line Institutions Record: 18 Name of institution:** Goldman Sachs Bank USA

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

  - **Line Institutions Record: 20 Name of institution:** State Street Bank and Trust Co.

  - **Line Institutions Record: 21 Name of institution:** Morgan Stanley Bank, 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 Retirement Fund                       | 811-07332         |
| BlackRock Advantage Large Cap Core Portfolio                       | 811-03091         |
| BATS: Short Duration Taxable Total Return Series                   | 811-21457         |
| BlackRock Technology Opportunities Fund                            | 811-05742         |
| BlackRock Capital Appreciation Portfolio                           | 811-03091         |
| BlackRock Floating Rate Income Portfolio                           | 811-23339         |
| BlackRock National Municipal Fund                                  | 811-02688         |
| BlackRock Emerging Markets ex-China Fund                           | 811-05742         |
| BlackRock Advantage Small Cap Core Fund                            | 811-05742         |
| iShares U.S. Select Equity Active ETF                              | 811-23402         |
| BlackRock International Index V.I. Fund                            | 811-03290         |
| BlackRock Advantage International Fund                             | 811-05742         |
| BlackRock Real Estate Securities Fund                              | 811-05742         |
| BlackRock Diversified Fixed Income Fund                            | 811-07332         |
| BlackRock Global Allocation V.I. Fund                              | 811-03290         |
| BlackRock Income Fund                                              | 811-23339         |
| BlackRock LifePath Dynamic 2050 Fund                               | 811-07332         |
| BlackRock LifePath Dynamic 2040 Fund                               | 811-07332         |
| BlackRock Managed Volatility V.I. Fund                             | 811-03290         |
| BlackRock LifePath ESG Index 2045 Fund                             | 811-07332         |
| iShares Large Cap Growth Active ETF                                | 811-23402         |
| BlackRock Strategic Income Opportunities Portfolio                 | 811-23339         |
| BlackRock LifePath ESG Index 2035 Fund                             | 811-07332         |
| BlackRock Large Cap Focus Growth Fund, Inc.                        | 811-09651         |
| BlackRock LifePath ESG Index 2060 Fund                             | 811-07332         |
| BlackRock Strategic Global Bond Fund, Inc.                         | 811-05603         |
| BlackRock 20/80 Target Allocation Fund                             | 811-22061         |
| iShares FTSE NAREIT All Equity REIT Index Fund                     | 811-05742         |
| BlackRock Advantage Global Fund, Inc.                              | 811-07171         |
| BlackRock Advantage Large Cap Core Fund                            | 811-09637         |
| BlackRock LifePath Dynamic 2060 Fund                               | 811-07332         |
| BlackRock High Yield Portfolio                                     | 811-23339         |
| BlackRock LifePath Dynamic Retirement Fund                         | 811-07332         |
| iShares U.S. Securitized Bond Index Fund                           | 811-05742         |
| iShares High Yield Muni Active ETF                                 | 811-23511         |
| iShares Short-Term TIPS Bond Index Fund                            | 811-05742         |
| BATS: High Income Taxable Series                                   | 811-21457         |
| BlackRock China A Opportunities Fund                               | 811-05742         |
| BlackRock Global Dividend Portfolio                                | 811-22061         |
| BlackRock Energy Opportunities Fund                                | 811-05742         |
| BlackRock LifePath Dynamic 2055 Fund                               | 811-07332         |
| iShares Large Cap Deep Quarterly Laddered ETF                      | 811-23511         |
| iShares Large Cap Core Active ETF                                  | 811-23402         |
| iShares Intermediate Muni Income Active ETF                        | 811-23511         |
| BlackRock LifePath ESG Index 2055 Fund                             | 811-07332         |
| BlackRock LifePath Dynamic 2070 Fund                               | 811-07332         |
| Diversified Equity Master Portfolio                                | 811-08162         |
| BlackRock Strategic Municipal Opportunities Fund                   | 811-04802         |
| BlackRock Sustainable Aware Advantage International Equity Fund    | 811-05742         |
| BlackRock Retirement Income 2030 Fund                              | 811-22061         |
| BlackRock Natural Resources Trust                                  | 811-04282         |
| BlackRock Mid-Cap Value Fund                                       | 811-07177         |
| BlackRock Total Return Fund                                        | 811-02857         |
| iShares A.I. Innovation and Tech Active ETF                        | 811-23402         |
| iShares Russell Mid-Cap Index Fund                                 | 811-05742         |
| iShares U.S. Long Government Bond Index Fund                       | 811-05742         |
| iShares U.S. Long Credit Bond Index Fund                           | 811-05742         |
| Total International Ex U.S. Index Master Portfolio                 | 811-08162         |
| iShares Short Duration High Yield Muni Active ETF                  | 811-23511         |
| BlackRock High Equity Income Fund                                  | 811-05742         |
| BlackRock Low Duration Bond Portfolio                              | 811-23339         |
| BlackRock LifePath Index 2030 Fund                                 | 811-07332         |
| iShares International Country Rotation Active ETF                  | 811-23402         |
| BlackRock Exchange Portfolio                                       | 811-05742         |
| iShares U.S. Equity Factor Rotation Active ETF                     | 811-23402         |
| BlackRock Unconstrained Equity Fund                                | 811-21759         |
| BlackRock Tactical Opportunities Fund                              | 811-05742         |
| BlackRock Global Allocation Portfolio                              | 811-03091         |
| iShares Managed Futures Active ETF                                 | 811-23402         |
| BlackRock Advantage Large Cap Value Fund                           | 811-09637         |
| BlackRock LifePath Dynamic 2045 Fund                               | 811-07332         |
| iShares Technology Opportunities Active ETF                        | 811-23402         |
| BlackRock Advantage Large Cap Value V.I. Fund                      | 811-03290         |
| International Tilts Master Portfolio                               | 811-08162         |
| BlackRock LifePath ESG Index 2065 Fund                             | 811-07332         |
| BlackRock LifePath Index 2055 Fund                                 | 811-07332         |
| BlackRock LifePath Index 2045 Fund                                 | 811-07332         |
| iShares U.S. Large Cap Premium Income Active ETF                   | 811-23402         |
| BlackRock World ex U.S. Carbon Transition Readiness ETF            | 811-23402         |
| BlackRock Defensive Advantage Emerging Markets Fund                | 811-05742         |
| BATS: High Income Municipal Series                                 | 811-21457         |
| iShares Large Cap Value Active ETF                                 | 811-23402         |
| BlackRock 60/40 Target Allocation Fund                             | 811-22061         |
| BlackRock New York Municipal Opportunities Fund                    | 811-04375         |
| iShares BBB-B CLO Active ETF                                       | 811-23511         |
| BlackRock Advantage Small Cap Growth Fund                          | 811-05742         |
| BlackRock High Yield Portfolio                                     | 811-23345         |
| iShares Large Cap Moderate Quarterly Laddered ETF                  | 811-23511         |
| BlackRock Dynamic High Income Portfolio                            | 811-22061         |
| BlackRock Securitized Income Fund                                  | 811-23340         |
| BlackRock LifePath Index 2065 Fund                                 | 811-07332         |
| iShares Short-Term California Muni Active ETF                      | 811-23511         |
| BlackRock LifePath Index 2040 Fund                                 | 811-07332         |
| Master Small Cap Index Series                                      | 811-07885         |
| BlackRock Advantage Large Cap Growth Fund                          | 811-05742         |
| BlackRock Balanced Fund, Inc.                                      | 811-02405         |
| BlackRock International Select Equity Fund                         | 811-04612         |
| iShares Floating Rate Loan Active ETF                              | 811-23511         |
| Large Cap Index Master Portfolio                                   | 811-08162         |
| iShares International Dividend Active ETF                          | 811-23402         |
| BlackRock LifePath Index 2035 Fund                                 | 811-07332         |
| BlackRock Global Allocation Fund, Inc.                             | 811-05576         |
| BlackRock LifePath Index 2070 Fund                                 | 811-07332         |
| BlackRock Advantage SMID Cap V.I. Fund                             | 811-03290         |
| BlackRock Large Cap Focus Value Fund, Inc.                         | 811-02739         |
| iShares AAA CLO Active ETF                                         | 811-23511         |
| iShares Total U.S. Stock Market Index Fund                         | 811-05742         |
| iShares Flexible Income Active ETF                                 | 811-23511         |
| BlackRock LifePath Index 2060 Fund                                 | 811-07332         |
| iShares MSCI EAFE International Index Fund                         | 811-07899         |
| BlackRock International Fund                                       | 811-08797         |
| BlackRock High Yield V.I. Fund                                     | 811-23346         |
| BlackRock Short Duration Muni Fund                                 | 811-02688         |
| BlackRock Sustainable Aware Advantage Emerging Markets Equity Fund | 811-05742         |
| BlackRock Total Return V.I. Fund                                   | 811-23346         |
| BlackRock 60/40 Target Allocation ETF V.I. Fund                    | 811-03290         |
| iShares U.S. Intermediate Credit Bond Index Fund                   | 811-05742         |
| BlackRock Large Cap Focus Growth V.I. Fund                         | 811-03290         |
| BlackRock LifePath Index 2050 Fund                                 | 811-07332         |
| BlackRock U.S. Insights Long/Short Equity Fund                     | 811-05742         |
| iShares U.S. Thematic Rotation Active ETF                          | 811-23402         |
| BlackRock LifePath ESG Index 2040 Fund                             | 811-07332         |
| BlackRock Equity Dividend V.I. Fund                                | 811-03290         |
| BlackRock Sustainable High Yield Bond Fund                         | 811-23339         |
| BlackRock Pennsylvania Municipal Bond Fund                         | 811-04375         |
| BlackRock LifePath ESG Index 2050 Fund                             | 811-07332         |
| BlackRock Event Driven Equity Fund                                 | 811-09637         |
| iShares U.S. Intermediate Government Bond Index Fund               | 811-05742         |
| BlackRock Mid-Cap Growth Equity Portfolio                          | 811-05742         |
| BlackRock LifePath Dynamic 2035 Fund                               | 811-07332         |
| BlackRock International V.I. Fund                                  | 811-03290         |
| iShares Health Innovation Active ETF                               | 811-23402         |
| BlackRock 40/60 Target Allocation Fund                             | 811-22061         |
| BlackRock Sustainable Aware Advantage Large Cap Core Fund          | 811-05742         |
| Advantage CoreAlpha Bond Master Portfolio                          | 811-23343         |
| BlackRock California Municipal Opportunities Fund                  | 811-04264         |
| S&P 500 Index Master Portfolio                                     | 811-08162         |
| BlackRock Credit Relative Value Fund                               | 811-23341         |
| BlackRock Global Equity Market Neutral Fund                        | 811-05742         |
| BATS: Corporate Credit Total Return Series                         | 811-21457         |
| BlackRock LifePath Index Retirement Fund                           | 811-07332         |
| BlackRock LifePath Dynamic 2065 Fund                               | 811-07332         |
| BlackRock Core Bond Portfolio                                      | 811-23339         |
| BlackRock Equity Dividend Fund                                     | 811-05178         |
| iShares Developed Real Estate Index Fund                           | 811-05742         |
| BlackRock Inflation Protected Bond Portfolio                       | 811-23339         |
| U.S. Total Bond Index Master Portfolio                             | 811-08162         |
| iShares FinTech Active ETF                                         | 811-23402         |
| BlackRock S&P 500 Index V.I. Fund                                  | 811-03290         |
| BlackRock U.S. Carbon Transition Readiness ETF                     | 811-23402         |
| BlackRock Managed Income Fund                                      | 811-22061         |
| BlackRock Advantage SMID Cap Fund, Inc.                            | 811-02809         |
| BATS: Short Term Municipal Income Series                           | 811-21457         |
| BlackRock LifePath ESG Index 2030 Fund                             | 811-07332         |
| BlackRock Advantage Emerging Markets Fund                          | 811-05742         |
| BATS: Securitized Total Return Series                              | 811-21457         |
| BlackRock Multi-Asset Income Portfolio                             | 811-22061         |
| BlackRock Balanced Portfolio                                       | 811-03091         |
| BlackRock New Jersey Municipal Bond Fund                           | 811-04375         |
| BlackRock 80/20 Target Allocation Fund                             | 811-22061         |
| iShares High Yield Active ETF                                      | 811-23511         |
| BATS: Mortgage Total Return Series                                 | 811-21457         |
| iShares Municipal Bond Index Fund                                  | 811-05742         |
| BlackRock Short Obligations Fund                                   | 811-05742         |
| BlackRock Emerging Markets Fund, Inc.                              | 811-05723         |
| BlackRock Capital Appreciation V.I. Fund                           | 811-03290         |
| iShares Total Return Active ETF                                    | 811-23511         |
| BlackRock Advantage Large Cap Core V.I. Fund                       | 811-03290         |
| BlackRock LifePath ESG Index 2070 Fund                             | 811-07332         |
| BlackRock Health Sciences Opportunities Portfolio                  | 811-05742         |
| BATS: Interest Rate Hedge Series                                   | 811-21457         |
| BlackRock LifePath Dynamic 2030 Fund                               | 811-07332         |
| BlackRock Systematic Multi-Strategy Fund                           | 811-23341         |
| iShares Russell Small/Mid-Cap Index Fund                           | 811-05742         |
| BlackRock Mortgage-Backed Securities Fund                          | 811-23339         |
| BlackRock Commodity Strategies Fund                                | 811-05742         |
| iShares Enhanced Roll Yield Index Fund                             | 811-05742         |
| BlackRock Capital Appreciation Fund, Inc.                          | 811-06669         |
| BlackRock Basic Value V.I. Fund                                    | 811-03290         |
| iShares U.S. Industry Rotation Active ETF                          | 811-23402         |
| BlackRock Small Cap Index V.I. Fund                                | 811-03290         |

- **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 Prime Money Market ETF

**Item E.1 - Exchange**

- **Exchange:** ARCX

- **Ticker:** PMMF

**Item E.2 - Authorized Participants**

| Name                                    | Purchase Value   | Redeem Value   |
|:---|:---|:---|
| Cowen and Company, LLC                  | $0.00            | $0.00          |
| Morgan Stanley & Co. LLC                | $0.00            | $0.00          |
| Virtu Americas LLC                      | $9,017,343.04    | $9,028,911.06  |
| Deutsche Bank Securities Inc.           | $0.00            | $0.00          |
| Citigroup Global Markets Inc.           | $0.00            | $0.00          |
| SG Americas Securities, LLC             | $0.00            | $0.00          |
| BMO Capital Markets Corp.               | $0.00            | $0.00          |
| Goldman Sachs & Co. LLC                 | $189,581,998.77  | $63,218,882.39 |
| Truist Securities, Inc                  | $0.00            | $0.00          |
| ABN AMRO Clearing USA LLC               | $0.00            | $0.00          |
| Wedbush Securities Inc.                 | $0.00            | $0.00          |
| Nomura Securities International, Inc.   | $0.00            | $0.00          |
| Barclays Capital Inc.                   | $0.00            | $0.00          |
| National Bank of Canada Financial, Inc. | $0.00            | $0.00          |
| Macquarie Capital (USA) Inc.            | $0.00            | $0.00          |
| CIBC World Markets Corp.                | $0.00            | $0.00          |
| UBS Securities LLC                      | $0.00            | $0.00          |
| BNP Paribas Securities Corp.            | $0.00            | $0.00          |
| Mirae Asset Securities (USA) Inc.       | $0.00            | $0.00          |
| State Street Global Markets, LLC        | $0.00            | $0.00          |
| Wells Fargo Securities, LLC             | $0.00            | $0.00          |
| Jane Street Capital, LLC                | $132,397,203.26  | $17,052,855.18 |
| Cantor Fitzgerald & Co.                 | $0.00            | $0.00          |
| Natixis Securities Americas LLC         | $0.00            | $0.00          |
| Scotia Capital (USA) Inc.               | $0.00            | $0.00          |
| Interactive Brokers, LLC                | $0.00            | $0.00          |
| BNY Mellon Capital Markets, LLC         | $0.00            | $0.00          |
| Mizuho Securities USA LLC               | $0.00            | $0.00          |
| TD Prime Services LLC                   | $0.00            | $0.00          |
| BofA Securities Inc                     | $148,100,078.42  | $4,017,510.60  |
| HSBC Securities (USA) Inc.              | $0.00            | $0.00          |
| RBC Capital Markets, LLC                | $0.00            | $0.00          |
| Citadel Securities LLC                  | $0.00            | $0.00          |
| J.P. Morgan Securities LLC/JPMC         | $1,001,297.88    | $0.00          |
| HRT Financial LP                        | $0.00            | $0.00          |
| Jefferies LLC                           | $0.00            | $0.00          |

**Item E.3 - Creation Units**

- **a. Number of Fund shares required to form a creation unit:** 10,000.00

- **b.i. Average percentage of value composed of cash (purchased):** 100.00%

- **c.i. Average percentage of value composed of cash (redeemed):** 100.00%

- **d.i.2. Average transaction fee (dollars for one or more units, purchased):** $0.00

- **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 Government Money Market ETF

**Item E.1 - Exchange**

- **Exchange:** ARCX

- **Ticker:** GMMF

**Item E.2 - Authorized Participants**

| Name                                    | Purchase Value   | Redeem Value   |
|:---|:---|:---|
| Jefferies LLC                           | $0.00            | $0.00          |
| Macquarie Capital (USA) Inc.            | $0.00            | $0.00          |
| BofA Securities Inc                     | $41,031,451.81   | $0.00          |
| Scotia Capital (USA) Inc.               | $0.00            | $0.00          |
| CIBC World Markets Corp.                | $0.00            | $0.00          |
| Deutsche Bank Securities Inc.           | $0.00            | $0.00          |
| National Bank of Canada Financial, Inc. | $0.00            | $0.00          |
| Cowen and Company, LLC                  | $0.00            | $0.00          |
| RBC Capital Markets, LLC                | $0.00            | $0.00          |
| TD Prime Services LLC                   | $0.00            | $0.00          |
| Wedbush Securities Inc.                 | $0.00            | $0.00          |
| Nomura Securities International, Inc.   | $0.00            | $0.00          |
| State Street Global Markets, LLC        | $0.00            | $0.00          |
| Mizuho Securities USA LLC               | $0.00            | $0.00          |
| Wells Fargo Securities, LLC             | $0.00            | $0.00          |
| Goldman Sachs & Co. LLC                 | $22,073,725.18   | $5,021,251.65  |
| Morgan Stanley & Co. LLC                | $0.00            | $0.00          |
| Citigroup Global Markets Inc.           | $0.00            | $0.00          |
| SG Americas Securities, LLC             | $0.00            | $0.00          |
| Jane Street Capital, LLC                | $21,061,423.28   | $1,003,143.99  |
| Truist Securities, Inc                  | $0.00            | $0.00          |
| Virtu Americas LLC                      | $2,006,076.12    | $0.00          |
| Mirae Asset Securities (USA) Inc.       | $0.00            | $0.00          |
| BNP Paribas Securities Corp.            | $0.00            | $0.00          |
| Citadel Securities LLC                  | $0.00            | $0.00          |
| BNY Mellon Capital Markets, LLC         | $0.00            | $0.00          |
| J.P. Morgan Securities LLC/JPMC         | $0.00            | $0.00          |
| Cantor Fitzgerald & Co.                 | $0.00            | $0.00          |
| HRT Financial LP                        | $0.00            | $0.00          |
| Natixis Securities Americas LLC         | $0.00            | $0.00          |
| Interactive Brokers, LLC                | $0.00            | $0.00          |
| Barclays Capital Inc.                   | $0.00            | $0.00          |
| ABN AMRO Clearing USA LLC               | $0.00            | $0.00          |
| BMO Capital Markets Corp.               | $0.00            | $0.00          |
| UBS Securities LLC                      | $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:** 10,000.00

- **b.i. Average percentage of value composed of cash (purchased):** 100.00%

- **c.i. Average percentage of value composed of cash (redeemed):** 100.00%

- **d.i.2. Average transaction fee (dollars for one or more units, purchased):** $0.00

- **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 Managed Futures Active ETF

**Item E.1 - Exchange**

- **Exchange:** BATS

- **Ticker:** ISMF

**Item E.2 - Authorized Participants**

| Name                                      | Purchase Value   | Redeem Value   |
|:---|:---|:---|
| Jefferies LLC                             | $0.00            | $0.00          |
| BofA Securities, Inc.                     | $0.00            | $0.00          |
| Merrill Lynch Professional Clearing Corp. | $15,494,570.32   | $0.00          |
| Morgan Stanley & Co. LLC                  | $0.00            | $0.00          |
| Pershing LLC                              | $0.00            | $0.00          |
| Citadel Securities LLC                    | $0.00            | $0.00          |
| Macquarie Capital (USA) Inc.              | $0.00            | $0.00          |
| BMO Capital Markets Corp.                 | $0.00            | $0.00          |
| BNP Paribas Securities Corp.              | $0.00            | $0.00          |
| Wells Fargo Securities, LLC               | $0.00            | $0.00          |
| Barclays Capital Inc.                     | $0.00            | $0.00          |
| SG Americas Securities, LLC               | $0.00            | $0.00          |
| RBC Capital Markets, LLC                  | $0.00            | $0.00          |
| Credit Suisse Securities (USA) LLC        | $0.00            | $0.00          |
| CIBC World Markets Corp.                  | $0.00            | $0.00          |
| Cowen Execution Services LLC              | $0.00            | $0.00          |
| National Bank of Canada Financial Inc.    | $0.00            | $0.00          |
| HSBC Securities (USA) Inc.                | $0.00            | $0.00          |
| ABN AMRO Clearing USA LLC                 | $0.00            | $0.00          |
| ITAU BBA USA Securities, Inc.             | $0.00            | $0.00          |
| Virtu Americas LLC                        | $0.00            | $0.00          |
| Truist Securities, Inc.                   | $0.00            | $0.00          |
| J.P. Morgan Securities LLC                | $0.00            | $0.00          |
| Mizuho Securities USA LLC                 | $0.00            | $0.00          |
| Scotia Capital (USA) Inc.                 | $0.00            | $0.00          |
| Deutsche Bank Securities Inc.             | $0.00            | $0.00          |
| UBS Securities LLC                        | $0.00            | $0.00          |
| Goldman Sachs & Co. LLC                   | $0.00            | $0.00          |
| J.P. Morgan Securities LLC/JPMC           | $0.00            | $0.00          |
| Mirae Asset Securities (USA) Inc.         | $0.00            | $0.00          |
| BNY Capital Markets, LLC                  | $0.00            | $0.00          |
| State Street Global Markets, LLC          | $0.00            | $0.00          |
| Citigroup Global Markets Inc.             | $0.00            | $0.00          |
| Cowen and Company, LLC                    | $0.00            | $0.00          |
| Jane Street Capital, LLC                  | $4,600,205.18    | $0.00          |
| Nomura Securities International, Inc.     | $0.00            | $0.00          |
| HRT Financial LP                          | $0.00            | $0.00          |
| TD Prime Services LLC                     | $0.00            | $0.00          |

**Item E.3 - Creation Units**

- **a. Number of Fund shares required to form a creation unit:** 20,000.00

- **b.i. Average percentage of value composed of cash (purchased):** 100.00%

- **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):** $0.00

- **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 Enhanced Short-Term Bond Active ETF

**Item E.1 - Exchange**

- **Exchange:** ARCX

- **Ticker:** CSHP

**Item E.2 - Authorized Participants**

| Name                                      | Purchase Value   | Redeem Value    |
|:---|:---|:---|
| Merrill Lynch Professional Clearing Corp. | $0.00            | $0.00           |
| Deutsche Bank Securities Inc.             | $0.00            | $0.00           |
| J.P. Morgan Securities LLC                | $0.00            | $0.00           |
| BofA Securities, Inc.                     | $25,089,452.75   | $104,645,693.07 |
| Morgan Stanley & Co. LLC                  | $0.00            | $0.00           |
| Goldman Sachs & Co. LLC                   | $124,486,665.00  | $87,910,031.03  |
| National Bank of Canada Financial Inc.    | $0.00            | $0.00           |
| Macquarie Capital (USA) Inc.              | $0.00            | $0.00           |
| Cowen Execution Services LLC              | $0.00            | $0.00           |
| Jefferies LLC                             | $0.00            | $0.00           |
| Nomura Securities International, Inc.     | $0.00            | $0.00           |
| Mirae Asset Securities (USA) Inc.         | $0.00            | $0.00           |
| Pershing LLC                              | $0.00            | $0.00           |
| Virtu Americas LLC                        | $0.00            | $0.00           |
| TD Prime Services LLC                     | $0.00            | $0.00           |
| Credit Suisse Securities (USA) LLC        | $0.00            | $0.00           |
| BNY Capital Markets, LLC                  | $0.00            | $0.00           |
| HRT Financial LP                          | $0.00            | $0.00           |
| ITAU BBA USA Securities, Inc.             | $0.00            | $0.00           |
| Citadel Securities LLC                    | $0.00            | $0.00           |
| SG Americas Securities, LLC               | $0.00            | $0.00           |
| Citigroup Global Markets Inc.             | $0.00            | $0.00           |
| HSBC Securities (USA) Inc.                | $0.00            | $0.00           |
| Barclays Capital Inc.                     | $0.00            | $0.00           |
| Truist Securities, Inc.                   | $0.00            | $0.00           |
| CIBC World Markets Corp.                  | $0.00            | $0.00           |
| Scotia Capital (USA) Inc.                 | $0.00            | $0.00           |
| Jane Street Capital, LLC                  | $6,276,033.16    | $2,507,858.15   |
| State Street Global Markets, LLC          | $0.00            | $0.00           |
| Wells Fargo Securities, LLC               | $0.00            | $0.00           |
| UBS Securities LLC                        | $0.00            | $0.00           |
| ABN AMRO Clearing USA LLC                 | $0.00            | $0.00           |
| Mizuho Securities USA LLC                 | $0.00            | $0.00           |
| Cowen and Company, LLC                    | $0.00            | $0.00           |
| RBC Capital Markets, LLC                  | $0.00            | $0.00           |
| BNP Paribas Securities Corp.              | $0.00            | $0.00           |
| J.P. Morgan Securities LLC/JPMC           | $124,704,970.85  | $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:** 12,500.00

- **b.i. Average percentage of value composed of cash (purchased):** 6.32%

- **c.i. Average percentage of value composed of cash (redeemed):** 40.43%

- **d.i.2. Average transaction fee (dollars for one or more units, purchased):** $307.62

- **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:** 2025-10-31

**Signature:** Chuck Pulsfort

**Title:** Assistant Treasurer