# EDGAR Filing Document

**Accession Number:** 0001051004
**File Stem:** 0001410368-26-066740
**Filing Date:** 2026-6
**Character Count:** 185640
**Document Hash:** 72b8d74eabc5330c30e63de43aba90c1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-066740.hdr.sgml**: 20260625

**ACCESSION NUMBER**: 0001410368-26-066740

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260625

**DATE AS OF CHANGE**: 20260625

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK MUNIHOLDINGS CALIFORNIA QUALITY FUND, INC.
- **CENTRAL INDEX KEY:** 0001051004

**ORGANIZATION NAME:**
- **EIN:** 223559052
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08573
- **FILM NUMBER:** 261121660

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 800-441-7762

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BLACKROCK MUNIHOLDINGS CALIFORNIA INSURED FUND, INC.
- **DATE OF NAME CHANGE:** 20070611

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MUNIHOLDINGS CALIFORNIA INSURED FUND
- **DATE OF NAME CHANGE:** 20000828

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MUNIHOLDINGS CALIFORNIA INSURED FUND II INC/
- **DATE OF NAME CHANGE:** 19980120

## Nport-Ex

April 30, 2026

2026 Quarterly Report <br>&nbsp;&nbsp;&nbsp;&nbsp;(Unaudited)<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**BlackRock MuniHoldings California Quality Fund, Inc. (MUC)**<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**Not FDIC Insured • May Lose Value • No Bank Guarantee**<br>

------

Schedule of Investments (unaudited)

April 30, 2026

**BlackRock MuniHoldings California Quality Fund, Inc. (MUC)** 

**(Percentages shown are based on Net Assets)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br>*(000)*<br>| *Value* |
| **Municipal Bonds** | **Municipal Bonds** | **Municipal Bonds** |
| **California — 120.8%** | **California — 120.8%** |  |
| **Corporate — 22.6%** | **Corporate — 22.6%** |  |
| California Community Choice Financing Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Sustainability Bonds, 5.00%, 12/01/35 | $23975 | &nbsp;&nbsp; $26067068 |
| &nbsp;&nbsp;&nbsp; Sustainability Bonds, 5.00%, 07/01/53<sup>(a)</sup> | 57200 | &nbsp;&nbsp; 59684957 |
| &nbsp;&nbsp;&nbsp; Sustainability Bonds, 5.00%, 12/01/53<sup>(a)</sup> | 6020 | &nbsp;&nbsp; 6291490 |
| &nbsp;&nbsp;&nbsp; Sustainability Bonds, 5.50%, 10/01/54<sup>(a)</sup> | 49420 | &nbsp;&nbsp; 53952358 |
| &nbsp;&nbsp;&nbsp; Series B, Sustainability Bonds, 5.00%, 01/01/55<sup>(a)</sup> | 27495 | &nbsp;&nbsp; 28126783 |
| &nbsp;&nbsp;&nbsp; Series B, Sustainability Bonds, 5.00%, 03/01/56<sup>(a)</sup> | 23000 | &nbsp;&nbsp; 24537936 |
| &nbsp;&nbsp;&nbsp; Series E, Sustainability Bonds, 5.00%, 02/01/55<sup>(a)</sup> | 5000 | &nbsp;&nbsp; 5302616 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series E-1, Sustainability Bonds, 5.00%, <br> 02/01/54<sup>(a)</sup><br>| 18480 | &nbsp;&nbsp; 19516693 |
| &nbsp;&nbsp;&nbsp; Series G, Sustainability Bonds, 5.25%, 11/01/54<sup>(a)</sup> | 50000 | &nbsp;&nbsp; 52943230 |
| &nbsp;&nbsp;&nbsp; Series G, Sustainability Bonds, 5.00%, 11/01/55<sup>(a)</sup> | 25970 | &nbsp;&nbsp; 26639073 |
| &nbsp;&nbsp;&nbsp; California Municipal Finance Authority, RB, Series A, <br> AMT, 4.38%, 09/01/53<sup>(a)</sup><br>| 2935 | &nbsp;&nbsp; 3051924 |
| &nbsp;&nbsp;&nbsp; Central Valley Energy Authority, RB, 5.00%, <br> 12/01/55<sup>(a)</sup><br>| 20845 | &nbsp;&nbsp; 22238065 |
|  |  | &nbsp;&nbsp; 328352193 |
| **County/City/Special District/School District — 27.3%** | **County/City/Special District/School District — 27.3%** |  |
| Alvord Unified School District, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series B, Election 2022, (BAM), 5.00%, 08/01/51 | 900 | &nbsp;&nbsp; 949557 |
| &nbsp;&nbsp;&nbsp; Series B, Election 2022, (AGM), 5.00%, 08/01/55 | 3205 | &nbsp;&nbsp; 3355056 |
| &nbsp;&nbsp;&nbsp; Anaheim City School District, GO, (AGM), 5.00%, <br> 08/01/51<br>| 5615 | &nbsp;&nbsp; 5829019 |
| Antelope Valley Union High School District, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series A, Election 2024, 5.00%, 08/01/50 | 5000 | &nbsp;&nbsp; 5292723 |
| &nbsp;&nbsp;&nbsp; Series A, Election 2024, 5.00%, 08/01/54 | 2000 | &nbsp;&nbsp; 2101353 |
| &nbsp;&nbsp;&nbsp; Berkeley Unified School District, GO, Series F, <br> Election 2020, 5.00%, 08/01/54<br>| 10000 | &nbsp;&nbsp; 10514552 |
| &nbsp;&nbsp;&nbsp; Butte-Glenn Community College District, GO, <br> Series D, Election 2016, 5.00%, 08/01/50<br>| 2375 | &nbsp;&nbsp; 2515910 |
| &nbsp;&nbsp;&nbsp; California Municipal Finance Authority, ST, Series A, <br> 5.13%, 09/01/59<br>| 1250 | &nbsp;&nbsp; 1263625 |
| &nbsp;&nbsp;&nbsp; California Pollution Control Financing Authority, <br> Refunding RB, 5.00%, 11/21/45<sup>(b)</sup><br>| 2500 | &nbsp;&nbsp; 2542077 |
| &nbsp;&nbsp;&nbsp; California Statewide Communities Development <br> Authority, SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 09/02/52 | 2340 | &nbsp;&nbsp; 2342393 |
| &nbsp;&nbsp;&nbsp; Series C, 4.00%, 09/02/50 | 4985 | &nbsp;&nbsp; 4264101 |
| &nbsp;&nbsp;&nbsp; California Statewide Communities Development <br> Authority, SAB, M/F Housing, 5.00%, 09/02/39<br>| 1060 | &nbsp;&nbsp; 1100725 |
| &nbsp;&nbsp;&nbsp; Chabot-Las Positas Community College District, GO, <br> Series C, Election 2016, 5.25%, 08/01/48<br>| 20280 | &nbsp;&nbsp; 21649912 |
| Chaffey Joint Union High School District, GO, CAB<sup>(c)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series H, Election 2012, 0.00%, 08/01/48 | 4000 | &nbsp;&nbsp; 1406672 |
| &nbsp;&nbsp;&nbsp; Series H, Election 2012, 0.00%, 08/01/49 | 3750 | &nbsp;&nbsp; 1258246 |
| City of Los Angeles, COP, (AGM), 6.20%, 11/01/31 | 1200 | &nbsp;&nbsp; 1203657 |
| &nbsp;&nbsp;&nbsp; City of Oakland California, GO, Series D, 5.25%, <br> 07/15/48<br>| 3215 | &nbsp;&nbsp; 3420742 |
| Clovis Unified School District, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series C, Election 2020, 4.00%, 08/01/48 | 7275 | &nbsp;&nbsp; 6984129 |
| &nbsp;&nbsp;&nbsp; Series A, Election 2024, 5.00%, 08/01/50 | 2335 | &nbsp;&nbsp; 2441974 |
| &nbsp;&nbsp;&nbsp; Corona-Norco Unified School District, GO, Series D, <br> Election 2014, 5.00%, 08/01/49<br>| 4240 | &nbsp;&nbsp; 4496322 |
| &nbsp;&nbsp;&nbsp; Cupertino Union School District, GO, Series A, <br> Election 2024, 5.75%, 08/01/50<br>| 3775 | &nbsp;&nbsp; 4244713 |
| &nbsp;&nbsp;&nbsp; Downey Unified School District, GO, Series B, <br> 08/01/57<sup>(d)</sup><br>| 3500 | &nbsp;&nbsp; 3685269 |
| Dublin Unified School District, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series B, Election 2020, 4.00%, 08/01/45 | 4000 | &nbsp;&nbsp; 3978868 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **County/City/Special District/School District (continued)** | **County/City/Special District/School District (continued)** |  |
| Dublin Unified School District, GO (continued) |  |  |
| &nbsp;&nbsp;&nbsp; Series B, Election 2020, 4.25%, 08/01/53 | $5805 | &nbsp;&nbsp; $5673211 |
| &nbsp;&nbsp;&nbsp; El Rancho Unified School District, GO, Series D, <br> Election 2016, (SAW), 5.75%, 08/01/48<br>| 750 | &nbsp;&nbsp; 833137 |
| &nbsp;&nbsp;&nbsp; Elk Grove Unified School District, GO, Election 2024, <br> 5.25%, 08/01/52<br>| 5000 | &nbsp;&nbsp; 5386838 |
| &nbsp;&nbsp;&nbsp; Etiwanda School District, GO, Series C, 5.25%, <br> 08/01/52<br>| 7175 | &nbsp;&nbsp; 7500720 |
| &nbsp;&nbsp;&nbsp; Fremont Union High School District, GO, Election <br> 2022, 4.00%, 08/01/48<br>| 3685 | &nbsp;&nbsp; 3598712 |
| &nbsp;&nbsp;&nbsp; Grossmont-Cuyamaca Community College District, <br> GO, Series D, Election 2022, 5.00%, 08/01/56<br>| 10000 | &nbsp;&nbsp; 10546960 |
| &nbsp;&nbsp;&nbsp; Indio Finance Authority, Refunding RB, Series A, <br> (AGM), 5.25%, 11/01/52<br>| 7000 | &nbsp;&nbsp; 7333439 |
| &nbsp;&nbsp;&nbsp; Irvine Facilities Financing Authority, ST, Series A, <br> 5.00%, 09/01/43<br>| 1275 | &nbsp;&nbsp; 1391856 |
| &nbsp;&nbsp;&nbsp; Jurupa Unified School District, GO, Series A, Election <br> 2024, (BAM-TCRS), 5.25%, 08/01/50<br>| 10000 | &nbsp;&nbsp; 10672548 |
| &nbsp;&nbsp;&nbsp; La Canada Unified School District, GO, Series A, <br> Election 2017, 5.00%, 08/01/47<br>| 6945 | &nbsp;&nbsp; 7093570 |
| &nbsp;&nbsp;&nbsp; La Mesa-Spring Valley School District, GO, Series B, <br> 4.00%, 08/01/51<br>| 625 | &nbsp;&nbsp; 585550 |
| Las Virgenes Unified School District, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series B, Election 2022, 5.25%, 08/01/51 | 4500 | &nbsp;&nbsp; 4806515 |
| &nbsp;&nbsp;&nbsp; Series B, Election 2022, 5.00%, 08/01/54 | 10000 | &nbsp;&nbsp; 10436980 |
| &nbsp;&nbsp;&nbsp; Long Beach Community College District, GO, <br> Series E, 5.00%, 08/01/52<br>| 1500 | &nbsp;&nbsp; 1585241 |
| &nbsp;&nbsp;&nbsp; Los Altos Elementary School District, GO, Series A, <br> Election 2024, 5.00%, 08/01/55<br>| 10000 | &nbsp;&nbsp; 10516041 |
| &nbsp;&nbsp;&nbsp; Menlo Park City School District, GO, Series A, <br> Election 2024, 5.00%, 07/01/50<br>| 2700 | &nbsp;&nbsp; 2846780 |
| &nbsp;&nbsp;&nbsp; Modesto High School District, GO, Series B, Election <br> 2022, 5.25%, 08/01/50<br>| 4295 | &nbsp;&nbsp; 4658751 |
| Mt San Antonio Community College District, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series D, Election 2018, 4.00%, 08/01/49 | 3500 | &nbsp;&nbsp; 3364587 |
| &nbsp;&nbsp;&nbsp; Series A, Election 2024, 5.00%, 08/01/50 | 3600 | &nbsp;&nbsp; 3842018 |
| &nbsp;&nbsp;&nbsp; Municipal Improvement Corp of Los Angeles, RB, <br> 5.50%, 05/01/55<br>| 7000 | &nbsp;&nbsp; 7501145 |
| &nbsp;&nbsp;&nbsp; Napa Valley Unified School District, GO, Series A, <br> Election 2024, 5.25%, 08/01/50<br>| 3500 | &nbsp;&nbsp; 3757447 |
| &nbsp;&nbsp;&nbsp; New Haven Unified School District, GO, Series A, <br> Election 2024, 5.00%, 08/01/50<br>| 13225 | &nbsp;&nbsp; 13875263 |
| &nbsp;&nbsp;&nbsp; Oak Grove School District, GO, Series A-1, 5.00%, <br> 08/01/52<br>| 5835 | &nbsp;&nbsp; 6075757 |
| &nbsp;&nbsp;&nbsp; Ontario Montclair School District, GO, Series C, <br> Election 2016, 5.25%, 08/01/52<br>| 4000 | &nbsp;&nbsp; 4206355 |
| Ontario Public Financing Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 11/01/50 | 1525 | &nbsp;&nbsp; 1610238 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 11/01/55 | 2500 | &nbsp;&nbsp; 2669565 |
| &nbsp;&nbsp;&nbsp; Oxnard Union High School District, GO, Series B, <br> 5.00%, 08/01/45<br>| 6560 | &nbsp;&nbsp; 6742211 |
| &nbsp;&nbsp;&nbsp; Pajaro Valley Unified School District, GO, Series A, <br> Election 2024, 5.00%, 08/01/49<br>| 3445 | &nbsp;&nbsp; 3672303 |
| Peralta Community College District, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series B, 5.50%, 08/01/52 | 2500 | &nbsp;&nbsp; 2664163 |
| &nbsp;&nbsp;&nbsp; Series C-1, Election 2018, 5.00%, 08/01/50 | 4580 | &nbsp;&nbsp; 4833770 |
| &nbsp;&nbsp;&nbsp; Ravenswood City School District, GO, Election 2022, <br> (BAM), 5.25%, 08/01/53<br>| 7570 | &nbsp;&nbsp; 7924753 |
| &nbsp;&nbsp;&nbsp; Redwood City School District, GO, Series A, Election <br> 2022, 5.00%, 08/01/52<br>| 6000 | &nbsp;&nbsp; 6281785 |
| &nbsp;&nbsp;&nbsp; Sacramento Area Flood Control Agency, Refunding <br> SAB, 5.00%, 10/01/47<br>| 4000 | &nbsp;&nbsp; 4016089 |

---

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniHoldings California Quality Fund, Inc. (MUC)** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **County/City/Special District/School District (continued)** | **County/City/Special District/School District (continued)** |  |
| Salinas Union High School District, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series B, Election 2020, 5.00%, 08/01/48 | 7250 | &nbsp;&nbsp; $7718901 |
| &nbsp;&nbsp;&nbsp; Series A, Election 2024, 5.00%, 08/01/50 | 1500 | &nbsp;&nbsp; 1583113 |
| &nbsp;&nbsp;&nbsp; San Diego Public Facilities Financing Authority, <br> Refunding RB, Series A, 5.00%, 10/15/50<br>| 5000 | &nbsp;&nbsp; 5282282 |
| &nbsp;&nbsp;&nbsp; San Diego Unified School District GO, Sustainability <br> Bonds, 4.00%, 07/01/53<br>| 2550 | &nbsp;&nbsp; 2391679 |
| San Diego Unified School District, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series O-2, Election 2008, Sustainability Bonds, <br> 5.00%, 07/01/49<br>| 2375 | &nbsp;&nbsp; 2526427 |
| &nbsp;&nbsp;&nbsp; Series C-3, Election 2022, 5.00%, 07/01/50 | 11060 | &nbsp;&nbsp; 11728690 |
| &nbsp;&nbsp;&nbsp; Series A-3, Sustainability Bonds, 5.00%, 07/01/48 | 3000 | &nbsp;&nbsp; 3183240 |
| &nbsp;&nbsp;&nbsp; Series F-2, Sustainability Bonds, 4.25%, 07/01/52 | 6270 | &nbsp;&nbsp; 6134178 |
| San Francisco Bay Area Rapid Transit District, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series A, Election 2016, Sustainability Bonds, <br> 5.00%, 08/01/47<br>| 2290 | &nbsp;&nbsp; 2321326 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series D-1, Election 2016, Sustainability Bonds, <br> 4.00%, 08/01/47<br>| 9075 | &nbsp;&nbsp; 8779461 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series E-1, Election 2016, Sustainability Bonds, <br> 5.00%, 08/01/45<br>| 2500 | &nbsp;&nbsp; 2746446 |
| &nbsp;&nbsp;&nbsp; San Marcos Unified School District, GO, Series A, <br> Election 2024, 5.25%, 08/01/55<br>| 2700 | &nbsp;&nbsp; 2883258 |
| &nbsp;&nbsp;&nbsp; San Mateo Foster City School District, GO, Series C, <br> Election 2020, 5.00%, 08/01/51<br>| 1825 | &nbsp;&nbsp; 1913426 |
| San Mateo Joint Powers Financing Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/15/43 | 1965 | &nbsp;&nbsp; 2029652 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 07/15/52 | 8955 | &nbsp;&nbsp; 8414300 |
| &nbsp;&nbsp;&nbsp; Santa Rosa High School District, GO, Series A, <br> Election 2022, 4.00%, 08/01/49<br>| 4050 | &nbsp;&nbsp; 3893308 |
| &nbsp;&nbsp;&nbsp; Scotts Valley Unified School District, GO, Series A-1, <br> Election 2024, 5.25%, 08/01/50<br>| 1100 | &nbsp;&nbsp; 1177440 |
| Sequoia Union High School District, GO |  |  |
| &nbsp;&nbsp;&nbsp; Election 2022, 5.00%, 07/01/48 | 2195 | &nbsp;&nbsp; 2354792 |
| &nbsp;&nbsp;&nbsp; Election 2022, 5.00%, 07/01/50 | 5000 | &nbsp;&nbsp; 5313647 |
| &nbsp;&nbsp;&nbsp; South Orange County Public Financing Authority, RB, <br> 5.00%, 06/01/52<br>| 5000 | &nbsp;&nbsp; 5193633 |
| Sunnyvale School District, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series A, Election 2024, 5.00%, 09/01/50 | 3750 | &nbsp;&nbsp; 3982784 |
| &nbsp;&nbsp;&nbsp; Series A, Election 2024, 5.00%, 09/01/56 | 2500 | &nbsp;&nbsp; 2630552 |
| &nbsp;&nbsp;&nbsp; Sweetwater Union High School District, GO, <br> Series A-2, Election 2024, 4.00%, 02/01/55<br>| 3470 | &nbsp;&nbsp; 3212633 |
| Tamalpais Union High School District, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series A, Election 2024, 4.00%, 08/01/47 | 4670 | &nbsp;&nbsp; 4591694 |
| &nbsp;&nbsp;&nbsp; Series A, Election 2024, 4.13%, 08/01/49 | 2500 | &nbsp;&nbsp; 2466449 |
| &nbsp;&nbsp;&nbsp; Series A, Election 2024, 4.13%, 08/01/50 | 6605 | &nbsp;&nbsp; 6462121 |
| &nbsp;&nbsp;&nbsp; Val Verde Unified School District, GO, Series C, <br> Election 2020, (AGM), 4.00%, 08/01/49<br>| 5000 | &nbsp;&nbsp; 4778714 |
| &nbsp;&nbsp;&nbsp; Victor Valley Community College District, GO, <br> Series F, 08/01/52<sup>(d)</sup><br>| 3225 | &nbsp;&nbsp; 3410215 |
| &nbsp;&nbsp;&nbsp; Washington Township Health Care District, GO, <br> Series B, Election 2004, 5.50%, 08/01/38<br>| 3250 | &nbsp;&nbsp; 3272514 |
|  |  | &nbsp;&nbsp; 397722768 |
| **Education — 10.1%** | **Education — 10.1%** |  |
| California Educational Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 10/01/53 | 10000 | &nbsp;&nbsp; 9984072 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 10/01/55 | 11420 | &nbsp;&nbsp; 12024254 |
| &nbsp;&nbsp;&nbsp; Series U-7, 5.00%, 06/01/46 | 7525 | &nbsp;&nbsp; 8692951 |
| California Enterprise Development Authority, RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 8.00%, 11/15/62 | 2300 | &nbsp;&nbsp; 2029843 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/50 | 600 | &nbsp;&nbsp; 563624 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Education (continued)** | **Education (continued)** |  |
| &nbsp;&nbsp;&nbsp; California Infrastructure & Economic Development <br> Bank, RB, 5.00%, 05/15/50<br>| 5000 | &nbsp;&nbsp; $5264412 |
| &nbsp;&nbsp;&nbsp; California Municipal Finance Authority, Refunding <br> RB<sup>(b)(e)(f)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 08/01/39 | 615 | &nbsp;&nbsp; 462157 |
| &nbsp;&nbsp;&nbsp; 5.00%, 08/01/48 | 860 | &nbsp;&nbsp; 571393 |
| California School Finance Authority, RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 08/01/52 | 1875 | &nbsp;&nbsp; 1725974 |
| &nbsp;&nbsp;&nbsp; 5.00%, 08/01/61 | 2950 | &nbsp;&nbsp; 2707214 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/54 | 1150 | &nbsp;&nbsp; 1121341 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/58 | 8735 | &nbsp;&nbsp; 8113612 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/59 | 2565 | &nbsp;&nbsp; 2432732 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 08/01/59 | 2365 | &nbsp;&nbsp; 2157524 |
| &nbsp;&nbsp;&nbsp; Series B, 4.00%, 07/01/45 | 965 | &nbsp;&nbsp; 830839 |
| California School Finance Authority, Refunding RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.88%, 06/01/53 | 700 | &nbsp;&nbsp; 701727 |
| &nbsp;&nbsp;&nbsp; Sustainability Bonds, 5.50%, 08/01/43 | 550 | &nbsp;&nbsp; 557360 |
| &nbsp;&nbsp;&nbsp; Sustainability Bonds, 5.50%, 08/01/47 | 525 | &nbsp;&nbsp; 523010 |
| California State University, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 11/01/48 | 3010 | &nbsp;&nbsp; 3239599 |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 11/01/49 | 15745 | &nbsp;&nbsp; 17345001 |
| California State University, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 11/01/50 | 9260 | &nbsp;&nbsp; 9452189 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 11/01/50 | 18640 | &nbsp;&nbsp; 20254850 |
| &nbsp;&nbsp;&nbsp; Series A, 4.63%, 11/01/56 | 9500 | &nbsp;&nbsp; 9603678 |
| &nbsp;&nbsp;&nbsp; University of California, RB, Series CC, 5.00%, <br> 05/15/53<br>| 2140 | &nbsp;&nbsp; 2267070 |
| University of California, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series BE, 4.00%, 05/15/47 | 3160 | &nbsp;&nbsp; 3070720 |
| &nbsp;&nbsp;&nbsp; Series BW, 5.00%, 05/15/54 | 12500 | &nbsp;&nbsp; 13159975 |
| &nbsp;&nbsp;&nbsp; Series O, 5.00%, 05/15/48 | 2990 | &nbsp;&nbsp; 3057935 |
| &nbsp;&nbsp;&nbsp; Series Q, 3.00%, 05/15/51 | 6000 | &nbsp;&nbsp; 4469221 |
|  |  | &nbsp;&nbsp; 146384277 |
| **Health — 6.0%** | **Health — 6.0%** |  |
| California Health Facilities Financing Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 11/15/48 | 9190 | &nbsp;&nbsp; 9263285 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 11/01/49 | 2095 | &nbsp;&nbsp; 2206747 |
| &nbsp;&nbsp;&nbsp; California Health Facilities Financing Authority, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; (FHLMC, FNMA, GNMA), 4.00%, 08/15/48 | 5005 | &nbsp;&nbsp; 4784646 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 04/01/45 | 3570 | &nbsp;&nbsp; 3346265 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 11/15/48 | 19550 | &nbsp;&nbsp; 19705899 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 08/15/51 | 5000 | &nbsp;&nbsp; 5219286 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 08/15/54 | 11000 | &nbsp;&nbsp; 11809717 |
| &nbsp;&nbsp;&nbsp; California Municipal Finance Authority, Refunding RB, <br> Series A, 5.00%, 02/01/47<br>| 9250 | &nbsp;&nbsp; 9278673 |
| &nbsp;&nbsp;&nbsp; California Public Finance Authority, RB, Series A, <br> 6.38%, 06/01/59<sup>(b)</sup><br>| 9125 | &nbsp;&nbsp; 8445676 |
| &nbsp;&nbsp;&nbsp; California Statewide Communities Development <br> Authority, RB, Sustainability Bonds, 4.00%, <br> 08/01/45<br>| 5000 | &nbsp;&nbsp; 4524849 |
| &nbsp;&nbsp;&nbsp; California Statewide Communities Development <br> Authority, Refunding RB, Series A, 5.00%, <br> 08/15/51<br>| 250 | &nbsp;&nbsp; 250027 |
| &nbsp;&nbsp;&nbsp; Regents of the University of California Medical Center <br> Pooled Revenue, RB, Series P, 5.00%, 05/15/47<br>| 8410 | &nbsp;&nbsp; 8802506 |
|  |  | &nbsp;&nbsp; 87637576 |
| **Housing — 3.8%** | **Housing — 3.8%** |  |
| California Housing Finance Agency, RB, M/F Housing |  |  |
| &nbsp;&nbsp;&nbsp; Class 3, 5.80%, 04/01/36<sup>(b)</sup> | 2140 | &nbsp;&nbsp; 2122246 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniHoldings California Quality Fund, Inc. (MUC)** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Housing (continued)** | **Housing (continued)** |  |
| &nbsp;&nbsp;&nbsp; California Housing Finance Agency, RB, M/F <br> Housing (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.25%, 01/15/35 | 1 | &nbsp;&nbsp; $626 |
| &nbsp;&nbsp;&nbsp; Subordinate, 8.00%, 12/01/56<sup>(a)</sup> | 1900 | &nbsp;&nbsp; 1884304 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 2021-2, Class A, Sustainability Bonds, <br> (AGM), 3.75%, 03/25/35<br>| 12635 | &nbsp;&nbsp; 12782602 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series U, Sustainability Bonds, (AGM), 4.10%, <br> 09/01/40<br>| 10000 | &nbsp;&nbsp; 10014836 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series V, Sustainability Bonds, (FHLMC, FNMA, <br> GNMA), 4.10%, 09/01/40<br>| 10000 | &nbsp;&nbsp; 10014836 |
| &nbsp;&nbsp;&nbsp; California Municipal Finance Authority, RB, M/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, (AGM), 4.88%, 11/01/43 | 3100 | &nbsp;&nbsp; 3187657 |
| &nbsp;&nbsp;&nbsp; Subordinate, 8.00%, 02/01/57<sup>(a)(b)</sup> | 1125 | &nbsp;&nbsp; 1125000 |
| &nbsp;&nbsp;&nbsp; CSCDA Community Improvement Authority, RB, M/F <br> Housing<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 3.00%, 09/01/56 | 1475 | &nbsp;&nbsp; 1009436 |
| &nbsp;&nbsp;&nbsp; Mezzanine Lien, 4.00%, 05/01/57 | 7500 | &nbsp;&nbsp; 5032878 |
| &nbsp;&nbsp;&nbsp; San Diego Housing Authority, Inc., RB, M/F Housing, <br> Series E, (AGM), 4.20%, 06/01/40<br>| 3985 | &nbsp;&nbsp; 3989554 |
| &nbsp;&nbsp;&nbsp; Santa Clara County Housing Authority, RB, M/F <br> Housing, Series A, 6.00%, 08/01/41<br>| 3500 | &nbsp;&nbsp; 3565055 |
|  |  | &nbsp;&nbsp; 54729030 |
| **State — 9.1%** | **State — 9.1%** |  |
| California State Public Works Board, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 04/01/45 | 8670 | &nbsp;&nbsp; 9443275 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 04/01/46 | 14300 | &nbsp;&nbsp; 15418790 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 09/01/49 | 3050 | &nbsp;&nbsp; 3228277 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 04/01/50 | 19275 | &nbsp;&nbsp; 20266577 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 09/01/50 | 2075 | &nbsp;&nbsp; 2185768 |
| &nbsp;&nbsp;&nbsp; Series C, 5.00%, 11/01/50 | 5910 | &nbsp;&nbsp; 6230417 |
| &nbsp;&nbsp;&nbsp; Series D, 5.00%, 11/01/47 | 18275 | &nbsp;&nbsp; 19346471 |
| State of California, GO, Class C, 5.00%, 11/01/50 | 5985 | &nbsp;&nbsp; 6346776 |
| State of California, Refunding GO |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/01/45 | 5000 | &nbsp;&nbsp; 5383719 |
| &nbsp;&nbsp;&nbsp; 5.25%, 10/01/51 | 12500 | &nbsp;&nbsp; 13589106 |
| &nbsp;&nbsp;&nbsp; 5.00%, 09/01/52 | 5000 | &nbsp;&nbsp; 5214298 |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/01/56 | 6485 | &nbsp;&nbsp; 6862302 |
| &nbsp;&nbsp;&nbsp; Series CX, 4.50%, 12/01/50 | 19425 | &nbsp;&nbsp; 19230408 |
|  |  | &nbsp;&nbsp; 132746184 |
| **Tobacco — 5.5%** | **Tobacco — 5.5%** |  |
| &nbsp;&nbsp;&nbsp; California County Tobacco Securitization Agency, RB, <br> Series D, 0.00%, 06/01/55<sup>(c)</sup><br>| 5855 | &nbsp;&nbsp; 462022 |
| &nbsp;&nbsp;&nbsp; California County Tobacco Securitization Agency, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/01/50 | 4275 | &nbsp;&nbsp; 3962034 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 06/01/49 | 2755 | &nbsp;&nbsp; 2445487 |
| &nbsp;&nbsp;&nbsp; California County Tobacco Securitization Agency, <br> Refunding RB, CAB<sup>(c)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 0.00%, 06/01/55 | 10000 | &nbsp;&nbsp; 1995002 |
| &nbsp;&nbsp;&nbsp; Series B-2, Subordinate, 0.00%, 06/01/55 | 10650 | &nbsp;&nbsp; 1753433 |
| California Statewide Financing Authority, RB<sup>(b)(c)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series D, 0.00%, 06/01/55 | 5000 | &nbsp;&nbsp; 304648 |
| &nbsp;&nbsp;&nbsp; Series L, 0.00%, 06/01/55 | 57200 | &nbsp;&nbsp; 3526872 |
| &nbsp;&nbsp;&nbsp; Golden State Tobacco Securitization Corp., Refunding <br> RB, Series B, 5.00%, 06/01/51<br>| 39885 | &nbsp;&nbsp; 39747628 |
| &nbsp;&nbsp;&nbsp; Golden State Tobacco Securitization Corp., Refunding <br> RB, CAB, Series B-2, Subordinate, 0.00%, <br> 06/01/66<sup>(c)</sup><br>| 64965 | &nbsp;&nbsp; 6390081 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Tobacco (continued)** | **Tobacco (continued)** |  |
| &nbsp;&nbsp;&nbsp; Inland Empire Tobacco Securitization Corp., RB, <br> Series C-1, 0.00%, 06/01/36<sup>(c)</sup><br>| 2855 | &nbsp;&nbsp; $1421731 |
| &nbsp;&nbsp;&nbsp; Tobacco Securitization Authority of Southern <br> California, Refunding RB, 5.00%, 06/01/48<br>| 14070 | &nbsp;&nbsp; 14125933 |
| &nbsp;&nbsp;&nbsp; Tobacco Securitization Authority of Southern <br> California, Refunding RB, CAB, 0.00%, 06/01/54<sup>(c)</sup><br>| 22600 | &nbsp;&nbsp; 4124098 |
|  |  | &nbsp;&nbsp; 80258969 |
| **Transportation — 24.6%** | **Transportation — 24.6%** |  |
| &nbsp;&nbsp;&nbsp; Alameda Corridor Transportation Authority, Refunding <br> RB, Series B, Sub Lien, 5.00%, 10/01/37<br>| 3790 | &nbsp;&nbsp; 3812103 |
| &nbsp;&nbsp;&nbsp; Bay Area Toll Authority, RB, Series F2, Sustainability <br> Bonds, 5.00%, 04/01/47<br>| 5000 | &nbsp;&nbsp; 5393712 |
| &nbsp;&nbsp;&nbsp; Bay Area Toll Authority, Refunding RB, 4.00%, <br> 04/01/47<br>| 5000 | &nbsp;&nbsp; 4745584 |
| &nbsp;&nbsp;&nbsp; Burbank-Glendale-Pasadena Airport Authority Brick <br> Campaign, ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, AMT, (AGM), 4.38%, 07/01/49 | 2400 | &nbsp;&nbsp; 2269230 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 5.25%, 07/01/49 | 5385 | &nbsp;&nbsp; 5637301 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 5.25%, 07/01/54 | 10000 | &nbsp;&nbsp; 10341120 |
| &nbsp;&nbsp;&nbsp; California Infrastructure & Economic Development <br> Bank, Refunding RB, Class B, AMT, Sustainability <br> Bonds, 12.00%, 01/01/65<sup>(a)(b)</sup><br>| 42785 | &nbsp;&nbsp; 24815300 |
| &nbsp;&nbsp;&nbsp; California Municipal Finance Authority RB, <br> 01/01/55<sup>(d)</sup><br>| 1535 | &nbsp;&nbsp; 1542673 |
| &nbsp;&nbsp;&nbsp; California Municipal Finance Authority, ARB, AMT, <br> Senior Lien, 4.00%, 12/31/47<br>| 21415 | &nbsp;&nbsp; 18975191 |
| California Municipal Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 09/01/56 | 4065 | &nbsp;&nbsp; 4366312 |
| &nbsp;&nbsp;&nbsp; 5.50%, 09/01/60 | 8505 | &nbsp;&nbsp; 9072873 |
| &nbsp;&nbsp;&nbsp; City of Long Beach California Harbor Revenue, ARB, <br> Series A, AMT, 5.00%, 05/15/40<br>| 5000 | &nbsp;&nbsp; 5073039 |
| &nbsp;&nbsp;&nbsp; City of Long Beach California Harbor Revenue, <br> Refunding ARB, Series C, 5.00%, 05/15/47<br>| 1480 | &nbsp;&nbsp; 1498226 |
| City of Los Angeles Department of Airports, ARB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 05/15/44 | 8525 | &nbsp;&nbsp; 8654856 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 4.00%, 05/15/49 | 5000 | &nbsp;&nbsp; 4500453 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 5.00%, 05/15/36 | 1090 | &nbsp;&nbsp; 1091244 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 5.00%, 05/15/41 | 14500 | &nbsp;&nbsp; 14510022 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 5.00%, 05/15/46 | 7860 | &nbsp;&nbsp; 7861007 |
| &nbsp;&nbsp;&nbsp; Series C, AMT, Subordinate, 5.00%, 05/15/44 | 4130 | &nbsp;&nbsp; 4151658 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 5.00%, 05/15/47 | 7345 | &nbsp;&nbsp; 7524759 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 5.25%, 05/15/47 | 3900 | &nbsp;&nbsp; 4062180 |
| &nbsp;&nbsp;&nbsp; City of Los Angeles Department of Airports, Refunding <br> ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.50%, 05/15/40 | 3490 | &nbsp;&nbsp; 3804918 |
| &nbsp;&nbsp;&nbsp; AMT, 5.50%, 05/15/47 | 6700 | &nbsp;&nbsp; 7060168 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 05/15/48 | 1500 | &nbsp;&nbsp; 1513756 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 05/15/46 | 12500 | &nbsp;&nbsp; 12812147 |
| &nbsp;&nbsp;&nbsp; Series S, AMT, 5.00%, 05/15/40 | 4450 | &nbsp;&nbsp; 4685678 |
| &nbsp;&nbsp;&nbsp; AMT, Subordinate, 4.00%, 11/15/31<sup>(g)</sup> | 115 | &nbsp;&nbsp; 120918 |
| &nbsp;&nbsp;&nbsp; City of Los Angeles Department of Airports, Refunding <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Class D, Subordinate, 5.00%, 05/15/48 | 5000 | &nbsp;&nbsp; 5316734 |
| &nbsp;&nbsp;&nbsp; Series D, Subordinate, 5.25%, 05/15/51 | 5000 | &nbsp;&nbsp; 5372364 |
| &nbsp;&nbsp;&nbsp; County of Sacramento California Airport System <br> Revenue, ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/49 | 8000 | &nbsp;&nbsp; 8423692 |
| &nbsp;&nbsp;&nbsp; 5.25%, 07/01/49 | 1310 | &nbsp;&nbsp; 1407414 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.25%, 07/01/50 | 1300 | &nbsp;&nbsp; 1348760 |

---

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniHoldings California Quality Fund, Inc. (MUC)** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Transportation (continued)** | **Transportation (continued)** |  |
| &nbsp;&nbsp;&nbsp; County of Sacramento California Airport System <br> Revenue, Refunding RB, Series C, AMT, 5.00%, <br> 07/01/39<br>| 4000 | &nbsp;&nbsp; $4089345 |
| &nbsp;&nbsp;&nbsp; Foothill-Eastern Transportation Corridor Agency, <br> Refunding RB, Series B-2, 3.50%, 01/15/53<br>| 9000 | &nbsp;&nbsp; 7371869 |
| &nbsp;&nbsp;&nbsp; Norman Y Mineta San Jose International Airport SJC, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 03/01/33 | 2000 | &nbsp;&nbsp; 2145598 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 03/01/37 | 1280 | &nbsp;&nbsp; 1293403 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 03/01/41 | 11250 | &nbsp;&nbsp; 11335715 |
| San Diego County Regional Airport Authority, ARB |  |  |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 5.00%, 07/01/47 | 9485 | &nbsp;&nbsp; 9493337 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 5.00%, 07/01/48 | 6890 | &nbsp;&nbsp; 7025838 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 5.25%, 07/01/50 | 15750 | &nbsp;&nbsp; 16543932 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 5.00%, 07/01/53 | 6000 | &nbsp;&nbsp; 6080639 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, Subordinate, 5.00%, 07/01/51 | 11500 | &nbsp;&nbsp; 11603971 |
| &nbsp;&nbsp;&nbsp; San Francisco City & County Airport Comm-San <br> Francisco International Airport, Refunding ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series 2, Class A, AMT, 5.25%, 05/01/49 | 4050 | &nbsp;&nbsp; 4242330 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 05/01/49 | 4000 | &nbsp;&nbsp; 4003796 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.25%, 05/01/55 | 6595 | &nbsp;&nbsp; 6872549 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.50%, 05/01/55 | 16120 | &nbsp;&nbsp; 17128274 |
| &nbsp;&nbsp;&nbsp; Series D, AMT, 5.00%, 05/01/43 | 6130 | &nbsp;&nbsp; 6239888 |
| &nbsp;&nbsp;&nbsp; Series D, AMT, 5.50%, 05/01/55 | 8755 | &nbsp;&nbsp; 9295992 |
| &nbsp;&nbsp;&nbsp; Series E, AMT, 5.00%, 05/01/50 | 24865 | &nbsp;&nbsp; 24831074 |
| &nbsp;&nbsp;&nbsp; San Francisco City & County Airport Comm-San <br> Francisco International Airport, Refunding RB, <br> Series C, AMT, 5.75%, 05/01/48<br>| 6900 | &nbsp;&nbsp; 7446492 |
|  |  | &nbsp;&nbsp; 358809434 |
| **Utilities — 11.8%** | **Utilities — 11.8%** |  |
| &nbsp;&nbsp;&nbsp; California Infrastructure & Economic Development <br> Bank, RB, Sustainability Bonds, 5.00%, 10/01/48<br>| 10000 | &nbsp;&nbsp; 10188089 |
| &nbsp;&nbsp;&nbsp; California Pollution Control Financing Authority, <br> Refunding RB, 5.00%, 07/01/39<sup>(b)</sup><br>| 1000 | &nbsp;&nbsp; 1025014 |
| &nbsp;&nbsp;&nbsp; City of Los Angeles California Wastewater System <br> Revenue, Refunding RB, Series A, Subordinate, <br> 5.00%, 06/01/55<br>| 5000 | &nbsp;&nbsp; 5303201 |
| &nbsp;&nbsp;&nbsp; City of San Francisco California Public Utilities <br> Commission Water Revenue, RB, Series C, 4.00%, <br> 11/01/50<br>| 15000 | &nbsp;&nbsp; 14305381 |
| &nbsp;&nbsp;&nbsp; City of San Francisco California Public Utilities <br> Commission Water Revenue, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Class D, 5.00%, 11/01/51 | 5200 | &nbsp;&nbsp; 5507703 |
| &nbsp;&nbsp;&nbsp; Class D, 5.00%, 11/01/55 | 14550 | &nbsp;&nbsp; 15279620 |
| &nbsp;&nbsp;&nbsp; Coachella Valley Water District Stormwater System <br> Revenue, COP, Series A, 5.00%, 08/01/47<br>| 1250 | &nbsp;&nbsp; 1321029 |
| &nbsp;&nbsp;&nbsp; Contra Costa Water District, Refunding RB, Series V, <br> 5.00%, 10/01/44<br>| 3570 | &nbsp;&nbsp; 3737813 |
| &nbsp;&nbsp;&nbsp; East Bay Municipal Utility District Wastewater System <br> Revenue, RB, Series A, Sustainability Bonds, <br> 5.00%, 06/01/50<br>| 1435 | &nbsp;&nbsp; 1533328 |
| &nbsp;&nbsp;&nbsp; East Bay Municipal Utility District Water System <br> Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, 5.00%, 06/01/49 | 3835 | &nbsp;&nbsp; 3961099 |
| &nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, 5.00%, 06/01/55 | 8760 | &nbsp;&nbsp; 9297362 |
| &nbsp;&nbsp;&nbsp; EaSt. Bay Municipal Utility District Water System <br> Revenue, RB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 06/01/51 | 4500 | &nbsp;&nbsp; 4832052 |
| &nbsp;&nbsp;&nbsp; Series A, 06/01/56 | 11895 | &nbsp;&nbsp; 12675909 |
| Livermore Valley Water Financing Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/48 | 1795 | &nbsp;&nbsp; 1883203 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Utilities (continued)** | **Utilities (continued)** |  |
| &nbsp;&nbsp;&nbsp; Livermore Valley Water Financing Authority, <br> RB (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/53 | 2740 | &nbsp;&nbsp; $2844978 |
| &nbsp;&nbsp;&nbsp; Los Angeles County Public Works Financing <br> Authority, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 03/01/51 | 2625 | &nbsp;&nbsp; 2804189 |
| &nbsp;&nbsp;&nbsp; 5.00%, 03/01/56 | 4455 | &nbsp;&nbsp; 4716359 |
| &nbsp;&nbsp;&nbsp; Mountain House Financing Authority, RB, Series A, <br> Sustainability Bonds, (BAM), 4.00%, 12/01/50<br>| 4500 | &nbsp;&nbsp; 4288343 |
| &nbsp;&nbsp;&nbsp; Ontario Public Financing Authority, RB, Series A, <br> 5.00%, 08/01/49<br>| 1625 | &nbsp;&nbsp; 1716657 |
| &nbsp;&nbsp;&nbsp; Puente Basin Water Agency, RB, Series A, 5.00%, <br> 06/01/49<br>| 4490 | &nbsp;&nbsp; 4751701 |
| Sacramento Municipal Utility District, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series H, Sustainability Bonds, 5.00%, 08/15/50 | 3730 | &nbsp;&nbsp; 3868327 |
| &nbsp;&nbsp;&nbsp; Series K, Sustainability Bonds, 5.00%, 08/15/53 | 17000 | &nbsp;&nbsp; 17841629 |
| &nbsp;&nbsp;&nbsp; Series M, Sustainability Bonds, 5.00%, 11/15/45 | 1000 | &nbsp;&nbsp; 1086817 |
| &nbsp;&nbsp;&nbsp; Series M, Sustainability Bonds, 5.00%, 11/15/49 | 2770 | &nbsp;&nbsp; 2946329 |
| San Diego Public Facilities Financing Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 05/15/49 | 1160 | &nbsp;&nbsp; 1234660 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 05/15/54 | 10175 | &nbsp;&nbsp; 10690976 |
| &nbsp;&nbsp;&nbsp; Series A, Subordinate, 5.00%, 05/15/52 | 6970 | &nbsp;&nbsp; 7287376 |
| &nbsp;&nbsp;&nbsp; San Diego Public Facilities Financing Authority, <br> Refunding RB, Series A, 4.00%, 08/01/52<br>| 5000 | &nbsp;&nbsp; 4720164 |
| &nbsp;&nbsp;&nbsp; San Francisco City & County Public Utilities <br> Commission Wastewater Revenue, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series C, Sustainability Bonds, 5.00%, 10/01/49 | 1975 | &nbsp;&nbsp; 2099865 |
| &nbsp;&nbsp;&nbsp; Series C, Sustainability Bonds, 5.00%, 10/01/54 | 1200 | &nbsp;&nbsp; 1255434 |
| &nbsp;&nbsp;&nbsp; San Mateo Foster City Public Financing Authority, RB, <br> 5.00%, 08/01/49<br>| 4840 | &nbsp;&nbsp; 5060401 |
| &nbsp;&nbsp;&nbsp; Santa Ana Public Financing Authority, Refunding RB, <br> 5.00%, 09/01/49<br>| 1685 | &nbsp;&nbsp; 1778431 |
|  |  | &nbsp;&nbsp; 171843439 |
| **Total Municipal Bonds in California** | **Total Municipal Bonds in California** | &nbsp;&nbsp; 1758483870 |
| **Puerto Rico — 4.4%** | **Puerto Rico — 4.4%** |  |
| **State — 4.4%** | **State — 4.4%** |  |
| &nbsp;&nbsp;&nbsp; Puerto Rico Sales Tax Financing Corp. Sales Tax <br> Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 4.75%, 07/01/53 | 10122 | &nbsp;&nbsp; 9650626 |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 5.00%, 07/01/58 | 30227 | &nbsp;&nbsp; 29359636 |
| &nbsp;&nbsp;&nbsp; Series A-2, Restructured, 4.78%, 07/01/58 | 4946 | &nbsp;&nbsp; 4712004 |
| &nbsp;&nbsp;&nbsp; Series A-2, Restructured, 4.33%, 07/01/40 | 925 | &nbsp;&nbsp; 914520 |
| &nbsp;&nbsp;&nbsp; Series B-1, Restructured, 4.75%, 07/01/53 | 1063 | &nbsp;&nbsp; 1013497 |
| &nbsp;&nbsp;&nbsp; Series B-1, Restructured, 5.00%, 07/01/58 | 7714 | &nbsp;&nbsp; 7445859 |
| &nbsp;&nbsp;&nbsp; Series B-2, Restructured, 4.78%, 07/01/58 | 1535 | &nbsp;&nbsp; 1462379 |
| &nbsp;&nbsp;&nbsp; Puerto Rico Sales Tax Financing Corp. Sales Tax <br> Revenue, RB, CAB, Series A-1, Restructured, <br> 0.00%, 07/01/46<sup>(c)</sup><br>| 26761 | &nbsp;&nbsp; 9538784 |
| **Total Municipal Bonds in Puerto Rico** | **Total Municipal Bonds in Puerto Rico** | &nbsp;&nbsp; 64097305 |
| **Total Municipal Bonds — 125.2%** <br>**(Cost: $1,818,135,091)** | **Total Municipal Bonds — 125.2%** <br>**(Cost: $1,818,135,091)** | &nbsp;&nbsp; 1822581175 |
| **Municipal Bonds Transferred to Tender Option Bond Trusts**<sup>(h)</sup> | **Municipal Bonds Transferred to Tender Option Bond Trusts**<sup>(h)</sup> | **Municipal Bonds Transferred to Tender Option Bond Trusts**<sup>(h)</sup> |
| **California — 33.0%** | **California — 33.0%** | **California — 33.0%** |
| **County/City/Special District/School District — 9.4%** | **County/City/Special District/School District — 9.4%** |  |
| &nbsp;&nbsp;&nbsp; California Municipal Finance Authority, RB, 5.00%, <br> 06/01/48<br>| 15000 | &nbsp;&nbsp; 15276701 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniHoldings California Quality Fund, Inc. (MUC)** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **County/City/Special District/School District (continued)** | **County/City/Special District/School District (continued)** |  |
| &nbsp;&nbsp;&nbsp; Clovis Unified School District, GO, Election 2020, <br> Series B, 5.00%, 08/01/47<br>| 10000 | &nbsp;&nbsp; $10424989 |
| &nbsp;&nbsp;&nbsp; Irvine Facilities Financing Authority, ST, Series A, <br> 5.00%, 09/01/48<br>| 20000 | &nbsp;&nbsp; 21048699 |
| &nbsp;&nbsp;&nbsp; Los Angeles County Metropolitan Transportation <br> Authority Sales Tax Revenue, Refunding RB, <br> Sustainability Bonds, Series A, 5.00%, 07/01/44<br>| 11200 | &nbsp;&nbsp; 11658665 |
| Los Angeles Unified School District, GO |  |  |
| &nbsp;&nbsp;&nbsp; Sustainability Bonds, 5.25%, 07/01/48 | 25000 | &nbsp;&nbsp; 26890527 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series QRR, Sustainability Bonds, 5.25%, <br> 07/01/47<br>| 10000 | &nbsp;&nbsp; 10704339 |
| &nbsp;&nbsp;&nbsp; Mt San Antonio Community College District, GO, <br> Election 2024, Series A, 5.25%, 08/01/55<br>| 12000 | &nbsp;&nbsp; 12928189 |
| &nbsp;&nbsp;&nbsp; Murrieta Valley Unified School District, GO, <br> Series 2025-ZL, 5.25%, 09/01/51<sup>(a)</sup><br>| 11700 | &nbsp;&nbsp; 12252423 |
| &nbsp;&nbsp;&nbsp; Rio Hondo Community College District, GO, Election <br> 2024, Series A, 5.25%, 08/01/55<br>| 14000 | &nbsp;&nbsp; 14972241 |
|  |  | &nbsp;&nbsp; 136156773 |
| **Education — 7.2%** | **Education — 7.2%** |  |
| California State University, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 11/01/48 | 10070 | &nbsp;&nbsp; 10304904 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 11/01/50<sup>(i)</sup> | 20000 | &nbsp;&nbsp; 21732672 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 11/01/56<sup>(i)</sup> | 13000 | &nbsp;&nbsp; 13941606 |
| &nbsp;&nbsp;&nbsp; University of California, RB, Series BK, 5.00%, <br> 05/15/52<br>| 56410 | &nbsp;&nbsp; 58794956 |
|  |  | &nbsp;&nbsp; 104774138 |
| **Health — 1.9%** | **Health — 1.9%** |  |
| &nbsp;&nbsp;&nbsp; Regents of the University of California Medical Center <br> Pooled Revenue, RB, Series P, 5.00%, 05/15/47<br>| 25625 | &nbsp;&nbsp; 26820950 |
| **State — 0.6%** | **State — 0.6%** |  |
| State of California, Refunding GO, 5.00%, 03/01/49 | 8750 | &nbsp;&nbsp; 9338504 |
| **Transportation — 11.4%** | **Transportation — 11.4%** |  |
| &nbsp;&nbsp;&nbsp; City of Los Angeles Department of Airports, Refunding <br> ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series A, AMT, Sustainability Bonds, 5.25%, <br> 05/15/50<br>| 19365 | &nbsp;&nbsp; 20360282 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series A, AMT, Sustainability Bonds, 5.50%, <br> 05/15/55<br>| 25000 | &nbsp;&nbsp; 26644595 |
| &nbsp;&nbsp;&nbsp; Series S, AMT, 5.00%, 05/15/51<sup>(a)</sup> | 19235 | &nbsp;&nbsp; 19500410 |
| &nbsp;&nbsp;&nbsp; San Diego County Regional Airport Authority, ARB, <br> AMT, Series B, 5.00%, 07/01/48<br>| 20795 | &nbsp;&nbsp; 21204979 |
| &nbsp;&nbsp;&nbsp; San Francisco City & County Airport Comm-San <br> Francisco International Airport, Refunding ARB<sup>(i)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 2nd Series, Class D, AMT, 5.00%, 05/01/48 | 30660 | &nbsp;&nbsp; 30490498 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 05/01/47 | 16735 | &nbsp;&nbsp; 16637029 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.50%, 05/01/55 | 20000 | &nbsp;&nbsp; 21250959 |
| &nbsp;&nbsp;&nbsp; San Francisco City & County Airport Comm-San <br> Francisco International Airport, Refunding RB, <br> AMT, Series C, 5.75%, 05/01/48<sup>(i)</sup><br>| 9600 | &nbsp;&nbsp; 10360336 |
|  |  | &nbsp;&nbsp; 166449088 |
| **Utilities — 2.5%** | **Utilities — 2.5%** |  |
| &nbsp;&nbsp;&nbsp; City of San Francisco California Public Utilities <br> Commission Water Revenue, RB, Series B, 5.00%, <br> 11/01/50<br>| 11690 | &nbsp;&nbsp; 11828344 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Utilities (continued)** | **Utilities (continued)** |  |
| &nbsp;&nbsp;&nbsp; San Francisco City & County Public Utilities <br> Commission Wastewater Revenue, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, 4.00%, 10/01/49 | 12790 | &nbsp;&nbsp; $12311744 |
| &nbsp;&nbsp;&nbsp; Series F, 5.00%, 10/01/54 | 11865 | &nbsp;&nbsp; 12413102 |
|  |  | &nbsp;&nbsp; 36553190 |
| **Total Municipal Bonds in California** | **Total Municipal Bonds in California** | &nbsp;&nbsp; 480092643 |
| **Total Municipal Bonds Transferred to Tender Option Bond** <br>**Trusts — 33.0%** <br>**(Cost: $472,431,654)** | **Total Municipal Bonds Transferred to Tender Option Bond** <br>**Trusts — 33.0%** <br>**(Cost: $472,431,654)** | &nbsp;&nbsp; 480092643 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | <br>*Shares*<br>|  |
| **Warrants** | **Warrants** | **Warrants** |
| **Construction & Engineering — 0.1%** | **Construction & Engineering — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Brightline West, (Expires 11/26/35, Strike Price USD <br> 5.00)<sup>(f)(j)</sup><br>| 356356 | &nbsp;&nbsp; 623623 |
| **Total Warrants — 0.1%** <br>**(Cost: $—)** | **Total Warrants — 0.1%** <br>**(Cost: $—)** | &nbsp;&nbsp; 623623 |
| **Total Long-Term Investments — 158.3%** <br>**(Cost: $2,290,566,745)** | **Total Long-Term Investments — 158.3%** <br>**(Cost: $2,290,566,745)** | &nbsp;&nbsp; 2303297441 |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 9.4%** | **Money Market Funds — 9.4%** |  |
| &nbsp;&nbsp;&nbsp; BlackRock Liquidity Funds, MuniCash, Institutional <br> Shares, 3.31%<sup>(k)(l)</sup><br>| 136817167 | &nbsp;&nbsp; 136830849 |
| **Total Short-Term Securities — 9.4%** <br>**(Cost: $136,830,849)** | **Total Short-Term Securities — 9.4%** <br>**(Cost: $136,830,849)** | &nbsp;&nbsp; 136830849 |
| **Total Investments — 167.7%** <br>**(Cost: $2,427,397,594)** | **Total Investments — 167.7%** <br>**(Cost: $2,427,397,594)** | &nbsp;&nbsp; 2440128290 |
| **Liabilities in Excess of Other Assets — (11.3)%** | **Liabilities in Excess of Other Assets — (11.3)%** | &nbsp;&nbsp; (163659618)<br>|
| **Liability for TOB Trust Certificates, Including Interest Expense and** <br> **Fees Payable — (20.3)%** | **Liability for TOB Trust Certificates, Including Interest Expense and** <br> **Fees Payable — (20.3)%** | &nbsp;&nbsp; (295213290)<br>|
| **VRDP Shares at Liquidation Value, Net of Deferred Offering Costs —** <br> **(36.1)%** | **VRDP Shares at Liquidation Value, Net of Deferred Offering Costs —** <br> **(36.1)%** | &nbsp;&nbsp; (525872430)<br>|
| **Net Assets Applicable to Common Shares — 100.0%** | **Net Assets Applicable to Common Shares — 100.0%** | &nbsp;&nbsp; $1455382952 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of period end. Security description also includes the reference rate and spread if published and available. 

<sup>(b)</sup> Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors. 

<sup>(c)</sup> Zero-coupon bond.

<sup>(d)</sup> When-issued security.

<sup>(e)</sup> Issuer filed for bankruptcy and/or is in default.

<sup>(f)</sup> Non-income producing security.

<sup>(g)</sup> U.S. Government securities held in escrow, are used to pay interest on this security as well as to retire the bond in full at the date indicated, typically at a premium to par. 

<sup>(h)</sup> Represent bonds transferred to a TOB Trust in exchange of cash and residual certificates received by the Trust. These bonds serve as collateral in a secured borrowing. 

<sup>(i)</sup> All or a portion of the security is subject to a recourse agreement. The aggregate maximum potential amount the Trust could ultimately be required to pay under the agreements, which expire between November 1, 2026 to May 1, 2033, is $69,652,038. 

<sup>(j)</sup> Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. 

<sup>(k)</sup> Affiliate of the Trust.

<sup>(l)</sup> Annualized 7-day yield as of period end.

For purposes of this report, industry and sector sub-classifications may differ from those utilized by the Trust for compliance purposes.

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniHoldings California Quality Fund, Inc. (MUC)** 

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Trust during the period ended April 30, 2026 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at* <br>*07/31/25*<br>| *Proceeds* <br>*from Sales*<br>| *Net* <br>*Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*04/30/26*<br>| *Shares* <br>*Held at* <br>*04/30/26*<br>| *Income* | *Capital Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| &nbsp;&nbsp;&nbsp; BlackRock Liquidity Funds, MuniCash, Institutional <br> Shares<br>| $18804567<br> $118026282 <br><sup>(a)</sup><br>| &nbsp;&nbsp; $— | $— | $— | $136830849 | 136817167 | $1104625 | $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Represents net amount purchased (sold).

**Fair Value Hierarchy as of Period End**

Various inputs are used in determining the fair value of financial instruments at the measurement date. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – Unadjusted price quotations in active markets/exchanges that the Trust has the ability to access for identical assets or liabilities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – Inputs that are unobservable and significant to the entire fair value measurement for the asset or liability (including the Valuation Committee's assumptions used in determining the fair value of financial instruments).

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds that may not have a secondary market and/or may have a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Trust's policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Trust's financial instruments categorized in the fair value hierarchy. The breakdown of the Trust's financial instruments into major categories is disclosed in the Schedule of Investments above.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-Term Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $1822581175 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $1822581175 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds Transferred to Tender Option Bond Trusts | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 480092643 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 480092643 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Warrants | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 623623 | &nbsp;&nbsp;&nbsp;&nbsp; 623623 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-Term Securities  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp; 136830849 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 136830849 |
|  | &nbsp;&nbsp; $136830849 | &nbsp;&nbsp;&nbsp;&nbsp; $2302673818 | &nbsp;&nbsp;&nbsp;&nbsp; $623623 | &nbsp;&nbsp;&nbsp;&nbsp; $2440128290 |

---

The Trust may hold assets and/or liabilities in which the fair value approximates the carrying amount for financial reporting purposes. As of period end, such assets and/or liabilities are categorized within the fair value hierarchy as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Liabilities |  |  |  |  |
| &nbsp;&nbsp;&nbsp; TOB Trust Certificates | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(292429980)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(292429980)<br>|
| &nbsp;&nbsp;&nbsp; VRDP Shares at Liquidation Value | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (697700000)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (697700000)<br>|
|  | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(990129980)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(990129980)<br>|

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniHoldings California Quality Fund, Inc. (MUC)** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Portfolio Abbreviation**  | **Portfolio Abbreviation**  |
| AGM | Assured Guaranty Municipal Corp. |
| AMT | Alternative Minimum Tax |
| ARB | Airport Revenue Bonds  |
| BAM | Build America Mutual Assurance Co. |
| BAM-TCRS | &nbsp;&nbsp;&nbsp; Build America Mutual Assurance Co. - Transferable <br> Custodial Receipts<br>|
| CAB | Capital Appreciation Bonds |
| COP | Certificates of Participation |
| FHLMC | Federal Home Loan Mortgage Corp. |
| FNMA | Federal National Mortgage Association |
| GNMA | Government National Mortgage Association |
| GO | General Obligation Bonds |
| M/F | Multi-Family |
| MT | Mandatory Tender |
| RB | Revenue Bonds |
| SAB | Special Assessment Bonds |
| SAW | State Aid Withholding |
| ST | Special Tax |

---

------

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** BlackRock MuniHoldings California Quality Fund, Inc.

- **b. Investment Company Act file number:** 811-08573

- **c. CIK number of Registrant:** 0001051004

- **d. LEI of Registrant:** NKJSRCJXMS5PZYPXY795

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 100 Bellevue Parkway

  - **City:** Wilmington

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

  - **Telephone number:** 800-441-7762

**Item A.2. Information about the Series.**

- **a. Name of Series:** BlackRock MuniHoldings California Quality Fund, Inc.

- **c. LEI of Series:** NKJSRCJXMS5PZYPXY795

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2026-04-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $2485003685.40

**Total Liabilities:** $1029614620.59

**Net Assets:** $1455389064.81

**Delayed Delivery Securities:** $25878644.70

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 394118.06000000 | **1-Year:** 55254.95000000 | **5-Year:** 470752.13000000 | **10-Year:** 645378.98000000 | **30-Year:** 275664.84000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 60899.14000000 | **1-Year:** 1376.48000000 | **5-Year:** 4876.78000000 | **10-Year:** 14617.75000000 | **30-Year:** 155700.09000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 1.51%                | -3.12%               | 1.90%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1198481.99              | $20917086.82                               |
| Month 2  | $973402.79               | $-53548186.83                              |
| Month 3  | $147107.10               | $21684105.17                               |

**Designated Index Information**

- **Index Name:** Fund`s Designated Reference Portfolio is the Fund`s Securities Portfolio

- **Index Identifier:** Fund`s Designated Reference Portfolio is the Fund`s Securities Portfolio

### Schedule of Portfolio Investments

| Name                                                                         | Title                                                        | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Dublin Unified School District                                               | DUBLIN CA UNIF SCH DIST                                      | CUSIP: 26362VTG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5805000 | PA      | $5673210.83   | 0.39%             | 2053-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | CALIFORNIA ST STWD CMNTYS DEV AUTH STWD REVENUE              | CUSIP: 13078YUD5<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2340000 | PA      | $2342393.35   | 0.16%             | 2052-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco Bay Area Rapid Transit District                                | SAN FRANCISCO CA BAY AREA RAPID TRANSIT DIST                 | CUSIP: 797661F67<br>LEI: 549300Y3C3QUMLE3FY58 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2746445.75   | 0.19%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048V6R4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   4065000 | PA      | $4366312.03   | 0.30%             | 2056-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| El Rancho Unified School District                                            | EL RANCHO CA UNIF SCH DIST                                   | CUSIP: 283839F60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $833137.28    | 0.06%             | 2048-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Alvord Unified School District                                               | ALVORD CA UNIF SCH DIST                                      | CUSIP: 022555YP5<br>LEI: 549300Q9J0UCO75DL276 | Long             | DBT              | MUN               | US        |    900000 | PA      | $949557.60    | 0.07%             | 2051-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Valley Energy Authority                                              | CENTRL VLY CA ENERGY AUTH COMMODITY SPLY REVENUE             | CUSIP: 15569DAA0<br>LEI: 254900G5IPQ9MA3FRJ55 | Long             | DBT              | MUN               | US        |  20845000 | PA      | $22238065.10  | 1.53%             | 2055-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| La Mesa-Spring Valley School District                                        | LA MESA-SPRING VLY CA SCH DIST                               | CUSIP: 503678SF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $585550.19    | 0.04%             | 2051-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Francisco Bay Area Rapid Transit District                                | SAN FRANCISCO CA BAY AREA RAPID TRANSIT DIST                 | CUSIP: 797661WR2<br>LEI: 549300Y3C3QUMLE3FY58 | Long             | DBT              | MUN               | US        |   2290000 | PA      | $2321326.06   | 0.16%             | 2047-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                       | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JQL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1063000 | PA      | $1013496.83   | 0.07%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BRIGHTLINE WEST EQ WARRANTS                                                  | BRIGHTLINE WEST EQ WARRANTS                                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |    356356 | NS      | $623623.00    | 0.04%             |  |  |  | No            |                  3 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV        | CUSIP: 79766DXZ7<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   8755000 | PA      | $9295991.59   | 0.64%             | 2055-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Norman Y Mineta San Jose International Airport SJC                           | SAN JOSE CA ARPT REVENUE                                     | CUSIP: 798136XD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2145597.60   | 0.15%             | 2033-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                            | CALIFORNIA HSG FIN AGY LTD OBLIG MF HSG REVENUE              | CUSIP: 13034DBR4<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1884303.53   | 0.13%             | 2056-12-01      | Floating      | 8.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048VJF6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    860000 | PA      | $571393.03    | 0.04%             | 2048-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State University                                                  | CALIFORNIA ST UNIV REVENUE                                   | CUSIP: 13077DWF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20000000 | PA      | $21732672.00  | 1.49%             | 2050-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California State University                                                  | CALIFORNIA ST UNIV REVENUE                                   | CUSIP: 13077DEZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9260000 | PA      | $9452188.52   | 0.65%             | 2050-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445C64<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   7345000 | PA      | $7524758.59   | 0.52%             | 2047-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sacramento Municipal Utility District                                        | SACRAMENTO CA MUNI UTILITY DIST ELEC REVENUE                 | CUSIP: 786005K49<br>LEI: E3GSVR6ZOU1MX2V7HF33 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1086816.60   | 0.07%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                            | CALIFORNIA HSG FIN AGY LTD OBLIG MF HSG REVENUE              | CUSIP: 13034DAP9<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10014836.00  | 0.69%             | 2040-09-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| University of California                                                     | UNIV OF CALIFORNIA CA REVENUES                               | CUSIP: 91412HHG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3160000 | PA      | $3070719.57   | 0.21%             | 2047-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                              | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JCB0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  57200000 | PA      | $59684956.76  | 4.10%             | 2053-07-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                          | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                   | CUSIP: 13068XTJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2075000 | PA      | $2185768.27   | 0.15%             | 2050-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                  | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE             | CUSIP: 79739GNX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11500000 | PA      | $11603971.50  | 0.80%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV     | CUSIP: 79766DWA3<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |     20000 | PA      | $19889.56     | 0.00%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                  | CUSIP: 13058TSB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $701726.69    | 0.05%             | 2053-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445CB3<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |  14500000 | PA      | $14510022.40  | 1.00%             | 2041-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                      | BAY AREA CA TOLL AUTH TOLL BRIDGE REVENUE                    | CUSIP: 072024K35<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5393711.50   | 0.37%             | 2047-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                    | CUSIP: 13032UNY0<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |  19550000 | PA      | $19705899.52  | 1.35%             | 2048-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Las Virgenes Unified School District                                         | LAS VIRGENES CA UNIF SCH DIST                                | CUSIP: 518021ZN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4806514.80   | 0.33%             | 2051-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                       | LOS ANGELES CA UNIF SCH DIST                                 | CUSIP: 544647HB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2995000 | PA      | $3221485.19   | 0.22%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                          | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                   | CUSIP: 13068XTH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3050000 | PA      | $3228276.77   | 0.22%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                            | CALIFORNIA HSG FIN AGY LTD OBLIG MF HSG REVENUE              | CUSIP: 13034DBV5<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   2140000 | PA      | $2122246.35   | 0.15%             | 2036-04-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| East Bay Municipal Utility District Water System Revenue                     | EAST BAY CA MUNI UTILITY DIST WTR SYS REVENUE                | CUSIP: 271014J60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3835000 | PA      | $3961099.40   | 0.27%             | 2049-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Elk Grove Unified School District                                            | ELK GROVE CA UNIF SCH DIST                                   | CUSIP: 287281ZB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5386838.50   | 0.37%             | 2052-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                              | CALIFORNIA CNTY CA TOBACCO SECURITIZATION AGY TOBACCO SETTLE | CUSIP: 13016NHB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $1995002.00   | 0.14%             | 2055-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| San Diego Public Facilities Financing Authority                              | SAN DIEGO CA PUBLIC FACS FING AUTH SWR REVENUE               | CUSIP: 79730ALX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1234660.15   | 0.08%             | 2049-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048V6S2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   8505000 | PA      | $9072872.90   | 0.62%             | 2060-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                              | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JDD5<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  49420000 | PA      | $53952357.62  | 3.71%             | 2054-10-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| City of San Francisco CA Public Utilities Commission Water Revenue           | SAN FRANCISCO CITY & CNTY CA PUBLIC UTILITIES COMMISSION WTR | CUSIP: 79765R5L9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11689997 | PA      | $11828343.76  | 0.81%             | 2050-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Long Beach CA Harbor Revenue                                         | LONG BEACH CA HARBOR REVENUE                                 | CUSIP: 542424VC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5073038.50   | 0.35%             | 2040-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mt San Antonio Community College District                                    | MOUNT SAN ANTONIO CA CMNTY CLG DIST                          | CUSIP: 623040QK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3600000 | PA      | $3842017.92   | 0.26%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV     | CUSIP: 79766DRK7<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |  16734994 | PA      | $16637028.88  | 1.14%             | 2047-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445GB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4130000 | PA      | $4151658.13   | 0.29%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Public Utilities Commission Wastewater Revenue   | SAN FRANCISCO CITY & CNTY CA PUBLIC UTILS COMMISSION WSTWTR  | CUSIP: 79768HKN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1975000 | PA      | $2099865.03   | 0.14%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                         | SAN DIEGO CA UNIF SCH DIST                                   | CUSIP: 797356JN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3183239.70   | 0.22%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Coachella Valley Water District Stormwater System Revenue                    | COACHELLA VLY CA WTR DIST STORMWTR SYS REVENUE COPS          | CUSIP: 18985FAW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1321028.88   | 0.09%             | 2047-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                              | CALIFORNIA CNTY CA TOBACCO SECURITIZATION AGY TOBACCO SETTLE | CUSIP: 13016NEZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2755000 | PA      | $2445487.05   | 0.17%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Sacramento Area Flood Control Agency                                         | SACRAMENTO CA AREA FLOOD CONTROL AGY                         | CUSIP: 785840JQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4016088.80   | 0.28%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                      | CUSIP: 13080SMT8<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250027.43    | 0.02%             | 2051-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445E96<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   3490000 | PA      | $3804918.41   | 0.26%             | 2040-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445SX8<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |  12500000 | PA      | $12812147.50  | 0.88%             | 2046-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                       | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JRH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    925000 | PA      | $914520.49    | 0.06%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                  | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE             | CUSIP: 79739GRK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20795000 | PA      | $21204979.38  | 1.46%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                              | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JBL9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   6020000 | PA      | $6291489.96   | 0.43%             | 2053-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Anaheim City School District/CA                                              | ANAHEIM CA ELEM SCH DIST                                     | CUSIP: 032555RB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5615000 | PA      | $5829019.09   | 0.40%             | 2051-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tamalpais Union High School District                                         | TAMALPAIS CA UNION HIGH SCH DIST                             | CUSIP: 874857LR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4670000 | PA      | $4591693.91   | 0.32%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                     | UNIV OF CALIFORNIA CA REVENUES                               | CUSIP: 91412HND1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  56409998 | PA      | $58794956.29  | 4.04%             | 2052-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                       | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JPW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10122000 | PA      | $9650625.55   | 0.66%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                  | CUSIP: 13058TKD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2365000 | PA      | $2157524.23   | 0.15%             | 2059-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA Airport System Revenue                               | SACRAMENTO CNTY CA ARPT SYS REVENUE                          | CUSIP: 786107VA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1407414.22   | 0.10%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                       | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  30227000 | PA      | $29359636.24  | 2.02%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                              | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JFS0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  25970000 | PA      | $26639072.90  | 1.83%             | 2055-11-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| East Bay Municipal Utility District Water System Revenue                     | EAST BAY CA MUNI UTILITY DIST WTR SYS REVENUE                | CUSIP: 271014X98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11895000 | PA      | $12675909.13  | 0.87%             | 2056-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salinas Union High School District                                           | SALINAS CA UNION HIGH SCH DIST                               | CUSIP: 794896HH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1583112.60   | 0.11%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tamalpais Union High School District                                         | TAMALPAIS CA UNION HIGH SCH DIST                             | CUSIP: 874857LU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6605000 | PA      | $6462121.30   | 0.44%             | 2050-08-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| California Statewide Financing Authority                                     | CALIFORNIA ST STWD FING AUTH TOBACCO SETTLEMENT              | CUSIP: 130923BP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  57200000 | PA      | $3526871.92   | 0.24%             | 2055-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Cupertino Union School District                                              | CUPERTINO CA UNION SCH DIST                                  | CUSIP: 231237T99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3775000 | PA      | $4244712.68   | 0.29%             | 2050-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Pajaro Valley Unified School District                                        | PAJARO VLY CA UNIF SCH DIST                                  | CUSIP: 695802SE9<br>LEI: 549300WHZ2OWRXQ3OY05 | Long             | DBT              | MUN               | US        |   3445000 | PA      | $3672303.17   | 0.25%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Public Utilities Commission Wastewater Revenue   | SAN FRANCISCO CITY & CNTY CA PUBLIC UTILS COMMISSION WSTWTR  | CUSIP: 79768HKP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1255434.00   | 0.09%             | 2054-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Corona-Norco Unified School District                                         | CORONA-NORCO CA UNIF SCH DIST                                | CUSIP: 219764UR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4240000 | PA      | $4496321.99   | 0.31%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Haven Unified School District                                            | NEW HAVEN CA UNIF SCH DIST                                   | CUSIP: 645002M60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13225000 | PA      | $13875262.67  | 0.95%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Livermore Valley Water Financing Authority                                   | LIVERMORE VLY CA WTR FING AUTH WTR REVENUE                   | CUSIP: 53833PBW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1795000 | PA      | $1883203.43   | 0.13%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mt San Antonio Community College District                                    | MOUNT SAN ANTONIO CA CMNTY CLG DIST                          | CUSIP: 623040QL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12928189.20  | 0.89%             | 2055-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                          | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                   | CUSIP: 13068XKS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  18275000 | PA      | $19346470.56  | 1.33%             | 2047-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Val Verde Unified School District                                            | VAL VERDE CA UNIF SCH DIST                                   | CUSIP: 91882RKM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4778714.00   | 0.33%             | 2049-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                     | UNIV OF CALIFORNIA CA REVENUES                               | CUSIP: 91412HKU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $4469220.60   | 0.31%             | 2051-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                      | CUSIP: 13080SUG7<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4524849.00   | 0.31%             | 2045-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445CC1<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   7860000 | PA      | $7861006.87   | 0.54%             | 2046-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center Pooled Revenue        | UNIV OF CALIFORNIA CA RGTS MED CENTER POOLED REVENUE         | CUSIP: 913366KS8<br>LEI: RRR42I7GG51DB5HDQR14 | Long             | DBT              | MUN               | US        |  15624998 | PA      | $16354237.47  | 1.12%             | 2047-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Public Facilities Financing Authority                              | SAN DIEGO CA PUBLIC FACS FING AUTH SWR REVENUE               | CUSIP: 79730ALY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10175000 | PA      | $10690976.29  | 0.73%             | 2054-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | CALIFORNIA ST STWD CMNTYS DEV AUTH STWD REVENUE              | CUSIP: 13078YPW9<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1100724.56   | 0.08%             | 2039-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA Airport System Revenue                               | SACRAMENTO CNTY CA ARPT SYS REVENUE                          | CUSIP: 786107RY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4089344.80   | 0.28%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | CALIFORNIA ST                                                | CUSIP: 13063ESR8<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |  12500000 | PA      | $13589106.25  | 0.93%             | 2051-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Scotts Valley Unified School District                                        | SCOTTS VLY CA UNIFIED SCH DIST                               | CUSIP: 81023QEJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1177439.89   | 0.08%             | 2050-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048TS20<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   9250000 | PA      | $9278673.15   | 0.64%             | 2047-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Public Works Financing Authority                          | LOS ANGELES CNTY CA PUBLIC WKS FING AUTH                     | CUSIP: 544738KU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2625000 | PA      | $2804189.06   | 0.19%             | 2051-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV        | CUSIP: 79766DLF4<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   6130000 | PA      | $6239888.22   | 0.43%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE         | CUSIP: 13034A7E4<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |  42785000 | PA      | $24815300.00  | 1.71%             | 2065-01-01      | Floating      | 12.00%                | No            |                  2 | On Loan: No      |
| East Bay Municipal Utility District Water System Revenue                     | EAST BAY CA MUNI UTILITY DIST WTR SYS REVENUE                | CUSIP: 271014X80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4832051.85   | 0.33%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Public Utilities Commission Wastewater Revenue   | SAN FRANCISCO CITY & CNTY CA PUBLIC UTILS COMMISSION WSTWTR  | CUSIP: 79768HFU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12790000 | PA      | $12311743.53  | 0.85%             | 2049-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE             | CUSIP: 13048RAM9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2935000 | PA      | $3051924.24   | 0.21%             | 2053-09-01      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                         | SAN DIEGO CA UNIF SCH DIST                                   | CUSIP: 797356TV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11060000 | PA      | $11728689.81  | 0.81%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Francisco CA Public Utilities Commission Water Revenue           | SAN FRANCISCO CITY & CNTY CA PUBLIC UTILITIES COMMISSION WTR | CUSIP: 79765R5N5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $14305381.50  | 0.98%             | 2050-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                         | SAN DIEGO CA UNIF SCH DIST                                   | CUSIP: 797356JP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2550000 | PA      | $2391679.43   | 0.16%             | 2053-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California State University                                                  | CALIFORNIA ST UNIV REVENUE                                   | CUSIP: 13077DUS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15745000 | PA      | $17345000.60  | 1.19%             | 2049-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Sweetwater Union High School District                                        | SWEETWATER CA UNION HIGH SCH DIST                            | CUSIP: 870462WM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3470000 | PA      | $3212632.53   | 0.22%             | 2055-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                    | CUSIP: 13032UB49<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5219286.50   | 0.36%             | 2051-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clovis Unified School District                                               | CLOVIS CA UNIF SCH DIST                                      | CUSIP: 189342V47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2335000 | PA      | $2441974.06   | 0.17%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                  | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE             | CUSIP: 79739GGP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9485000 | PA      | $9493337.32   | 0.65%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                    | CUSIP: 13032UE38<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   5005000 | PA      | $4784645.87   | 0.33%             | 2048-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| East Bay Municipal Utility District Wastewater System Revenue                | E BAY CA MUNI UTILITY DIST WSTWTR SYS REVENUE                | CUSIP: 271012HN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1533327.92   | 0.11%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                          | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                   | CUSIP: 13068XPU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8670000 | PA      | $9443274.70   | 0.65%             | 2045-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV        | CUSIP: 79766DVY2<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   6900000 | PA      | $7446491.73   | 0.51%             | 2048-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Los Altos Elementary School District                                         | LOS ALTOS CA SCH DIST                                        | CUSIP: 544290KY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10516041.00  | 0.72%             | 2055-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State University                                                  | CALIFORNIA ST UNIV REVENUE                                   | CUSIP: 13077DWH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9500000 | PA      | $9603678.25   | 0.66%             | 2056-11-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| City of Long Beach CA Harbor Revenue                                         | LONG BEACH CA HARBOR REVENUE                                 | CUSIP: 542424VE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1480000 | PA      | $1498225.61   | 0.10%             | 2047-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antelope Valley Union High School District                                   | ANTELOPE VLY CA UNION HIGH SCH DIST                          | CUSIP: 036717ND4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5292723.50   | 0.36%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Las Virgenes Unified School District                                         | LAS VIRGENES CA UNIF SCH DIST                                | CUSIP: 518021ZR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10436980.00  | 0.72%             | 2054-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | CALIFORNIA ST                                                | CUSIP: 13063ERZ1<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   5985000 | PA      | $6346775.89   | 0.44%             | 2050-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                       | LOS ANGELES CA UNIF SCH DIST                                 | CUSIP: 544647HB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  24999999 | PA      | $26890526.53  | 1.85%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048V6W3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1535000 | PA      | $1542673.31   | 0.11%             | 2055-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                       | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JRL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4946000 | PA      | $4712003.75   | 0.32%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV        | CUSIP: 79766DXP9<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   6595000 | PA      | $6872548.60   | 0.47%             | 2055-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Livermore Valley Water Financing Authority                                   | LIVERMORE VLY CA WTR FING AUTH WTR REVENUE                   | CUSIP: 53833PBX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2740000 | PA      | $2844977.62   | 0.20%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                              | CALIFORNIA CNTY CA TOBACCO SECURITIZATION AGY TOBACCO SETTLE | CUSIP: 13016NCW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5855000 | PA      | $462022.15    | 0.03%             | 2055-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                  | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE             | CUSIP: 79739GTD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15750000 | PA      | $16543932.30  | 1.14%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | CALIFORNIA ST                                                | CUSIP: 13063DS82<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5214298.00   | 0.36%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV     | CUSIP: 79766DVY2<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   9600000 | PA      | $10360336.32  | 0.71%             | 2048-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445WS4<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4500452.50   | 0.31%             | 2049-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                  | CUSIP: 13058THG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8735000 | PA      | $8113612.19   | 0.56%             | 2058-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ravenswood City School District/CA                                           | RAVENSWOOD CA CITY SCH DIST                                  | CUSIP: 754405JN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7570000 | PA      | $7924752.91   | 0.54%             | 2053-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                              | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JDB9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  18480000 | PA      | $19516692.89  | 1.34%             | 2054-02-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Ana Public Financing Authority                                         | SANTA ANA CA PUBLIC FING AUTH WTR REVENUE                    | CUSIP: 801144AX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1685000 | PA      | $1778430.55   | 0.12%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alvord Unified School District                                               | ALVORD CA UNIF SCH DIST                                      | CUSIP: 022555YQ3<br>LEI: 549300Q9J0UCO75DL276 | Long             | DBT              | MUN               | US        |   3205000 | PA      | $3355056.18   | 0.23%             | 2055-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                       | Los Angeles Unified School District/CA                       | CUSIP: 544647GD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10704339.00  | 0.74%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| East Bay Municipal Utility District Water System Revenue                     | EAST BAY CA MUNI UTILITY DIST WTR SYS REVENUE                | CUSIP: 271014T44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8760000 | PA      | $9297362.05   | 0.64%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Peralta Community College District                                           | PERALTA CA CMNTY CLG DIST                                    | CUSIP: 713575YY8<br>LEI: 254900VWMA3IHACOBO19 | Long             | DBT              | MUN               | US        |   4580000 | PA      | $4833770.47   | 0.33%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Menlo Park City School District                                              | MENLO PARK CA CITY SCH DIST                                  | CUSIP: 586840QB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2846779.56   | 0.20%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV        | CUSIP: 79766DSA8<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |  24865000 | PA      | $24831074.19  | 1.71%             | 2050-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | CALIFORNIA ST                                                | CUSIP: 13063EST4<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   6485000 | PA      | $6862301.84   | 0.47%             | 2056-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Housing Authority Inc                                              | SAN DIEGO CA HSG AUTH MF HSG REVENUE                         | CUSIP: 79728FLL3<br>LEI: 549300X9H1ODNOOT1Q87 | Long             | DBT              | MUN               | US        |   3985000 | PA      | $3989554.46   | 0.27%             | 2040-06-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Irvine Facilities Financing Authority                                        | IRVINE CA FACS FING AUTH SPL TAX REVENUE                     | CUSIP: 46360WAU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  19999999 | PA      | $21048698.78  | 1.45%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                             | CALIFORNIA ST POLL CONTROL FING AUTH WTR FURNISHING REVENUE  | CUSIP: 13054WAQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2542077.00   | 0.17%             | 2045-11-21      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                        | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE               | CUSIP: 126292AY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1009435.57   | 0.07%             | 2056-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Mt San Antonio Community College District                                    | MOUNT SAN ANTONIO CA CMNTY CLG DIST                          | CUSIP: 623040PZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3364587.10   | 0.23%             | 2049-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Redwood City School District                                                 | REDWOOD CITY CA SCH DIST                                     | CUSIP: 757889FK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6281785.20   | 0.43%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Inland Empire Tobacco Securitization Corp                                    | INLAND EMPIRE CA TOBACCO SECURITIZATION AUTH TOB SETTLEMENT  | CUSIP: 45734TAD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2855000 | PA      | $1421730.62   | 0.10%             | 2036-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of San Francisco CA Public Utilities Commission Water Revenue           | SAN FRANCISCO CA CITY & CNTY PUB UTILS COMMN WTR REVENUE     | CUSIP: 79771FLK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14550000 | PA      | $15279619.94  | 1.05%             | 2055-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                    | CUSIP: 13032URP5<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   9190000 | PA      | $9263284.74   | 0.64%             | 2048-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Southern California                      | TOBACCO SECURITIZATION AUTH STHRN CA TOBACCO SETTLEMENT REVE | CUSIP: 888804CT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1820000 | PA      | $1789222.53   | 0.12%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                              | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JEA0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  27495000 | PA      | $28126782.86  | 1.93%             | 2055-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                       | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JQM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7714000 | PA      | $7445859.05   | 0.51%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA Airport System Revenue                               | SACRAMENTO CNTY CA ARPT SYS REVENUE                          | CUSIP: 786107UZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8423692.00   | 0.58%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Public Facilities Financing Authority                              | SAN DIEGO CA PUBLIC FACS FING AUTH LEASE REVENUE             | CUSIP: 797299SB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5282282.00   | 0.36%             | 2050-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Rosa High School District                                              | SANTA ROSA CA HIGH SCH DIST                                  | CUSIP: 802615Q49<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4050000 | PA      | $3893307.93   | 0.27%             | 2049-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ontario Public Financing Authority                                           | ONTARIO CA PUBLIC FING AUTH LEASE REVENUE                    | CUSIP: 68304REL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2669565.25   | 0.18%             | 2055-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445ER6<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   8525000 | PA      | $8654856.21   | 0.59%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                    | CUSIP: 13032U3Y2<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |  11000000 | PA      | $11809716.60  | 0.81%             | 2054-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445F46<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   6700000 | PA      | $7060167.88   | 0.49%             | 2047-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Oxnard Union High School District                                            | OXNARD CA UNION HIGH SCH DIST                                | CUSIP: 692039SA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6560000 | PA      | $6742210.56   | 0.46%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dublin Unified School District                                               | DUBLIN CA UNIF SCH DIST                                      | CUSIP: 26362VSY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3978867.60   | 0.27%             | 2045-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Sacramento Municipal Utility District                                        | SACRAMENTO CA MUNI UTILITY DIST ELEC REVENUE                 | CUSIP: 786005H92<br>LEI: E3GSVR6ZOU1MX2V7HF33 | Long             | DBT              | MUN               | US        |  17000000 | PA      | $17841629.20  | 1.23%             | 2053-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Improvement Corp of Los Angeles                                    | LOS ANGELES CA MUNI IMPT CORPLEASE REVENUE                   | CUSIP: 5445875X2<br>LEI: 549300ZJ0YLTZNSR8F57 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7501144.70   | 0.52%             | 2055-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445CA5<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1091244.13   | 0.07%             | 2036-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH MF HSG REVENUE                   | CUSIP: 130483LG3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1125000.00   | 0.08%             | 2057-02-01      | Floating      | 8.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | CALIFORNIA ST                                                | CUSIP: 13063ELM6<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   8750000 | PA      | $9338504.00   | 0.64%             | 2049-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | CALIFORNIA SCH FIN AUTH SCH FAC REVENUE                      | CUSIP: 13059TGQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    965000 | PA      | $830839.43    | 0.06%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                             | CALIFORNIA ST POLL CONTROL FING AUTH WTR FURNISHING REVENUE  | CUSIP: 13054WAP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025013.60   | 0.07%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sequoia Union High School District                                           | SEQUOIA CA UNION HIGH SCH DIST                               | CUSIP: 817409U78<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2195000 | PA      | $2354792.49   | 0.16%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                            | CALIFORNIA HSG FIN AGY MUNI CTFS                             | CUSIP: 13033DAG0<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |  12635472 | PA      | $12782601.73  | 0.88%             | 2035-03-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE         | CUSIP: 13034AZC7<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10188089.00  | 0.70%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center Pooled Revenue        | UNIV OF CALIFORNIA CA RGTS MED CENTER POOLED REVENUE         | CUSIP: 913366KS8<br>LEI: RRR42I7GG51DB5HDQR14 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10466713.00  | 0.72%             | 2047-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                     | UNIV OF CALIFORNIA CA REVENUES                               | CUSIP: 91412HVY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2140000 | PA      | $2267070.20   | 0.16%             | 2053-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Murrieta Valley Unified School District                                      | MURRIETA VLY CA UNIF SCH DIST                                | CUSIP: 626905QF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11700000 | PA      | $12252422.52  | 0.84%             | 2051-09-01      | Fixed         | 10.48%                | No            |                  2 | On Loan: No      |
| Norman Y Mineta San Jose International Airport SJC                           | SAN JOSE CA ARPT REVENUE                                     | CUSIP: 798136VS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11250000 | PA      | $11335714.88  | 0.78%             | 2041-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                              | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JDG8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  50000000 | PA      | $52943230.00  | 3.64%             | 2054-11-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                         | SAN DIEGO CA UNIF SCH DIST                                   | CUSIP: 797356FT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6270000 | PA      | $6134178.01   | 0.42%             | 2052-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign                   | BURBANK GLENDALE PASADENA CA ARPT AUTH ARPT REVENUE          | CUSIP: 120827EE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2269230.24   | 0.16%             | 2049-07-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Clovis Unified School District                                               | Clovis Unified School District                               | CUSIP: 189342Q68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10424989.00  | 0.72%             | 2047-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Mateo Joint Powers Financing Authority                                   | SAN MATEO CNTY CA JT PWRS FING AUTH LEASE REVENUE            | CUSIP: 79904NGP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1965000 | PA      | $2029652.43   | 0.14%             | 2043-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clovis Unified School District                                               | CLOVIS CA UNIF SCH DIST                                      | CUSIP: 189342T32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7275000 | PA      | $6984128.77   | 0.48%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chaffey Joint Union High School District                                     | CHAFFEY CA JT UNION HIGH SCH DIST                            | CUSIP: 157411XC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $1258246.50   | 0.09%             | 2049-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California State University                                                  | CALIFORNIA ST UNIV REVENUE                                   | CUSIP: 13077DWG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13000000 | PA      | $13941605.60  | 0.96%             | 2056-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Public Utilities Commission Wastewater Revenue   | SAN FRANCISCO CITY & CNTY CA PUBLIC UTILS COMMISSION WSTWTR  | CUSIP: 79768HLG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11864999 | PA      | $12413102.20  | 0.85%             | 2054-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                     | UNIV OF CALIFORNIA CA REVENUES                               | CUSIP: 91412HDB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2990000 | PA      | $3057934.89   | 0.21%             | 2048-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | CALIFORNIA SCH FIN AUTH SCH FAC REVENUE                      | CUSIP: 13059TFV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1121340.85   | 0.08%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | CALIFORNIA SCH FIN AUTH SCH FAC REVENUE                      | CUSIP: 13059TGP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2565000 | PA      | $2432731.93   | 0.17%             | 2059-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                                    | ALAMEDA CA CORRIDOR TRANSPRTN AUTH REVENUE                   | CUSIP: 010869HB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3790000 | PA      | $3812102.90   | 0.26%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles CA                                                       | LOS ANGELES CA COPS                                          | CUSIP: 544358WR1<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1203656.64   | 0.08%             | 2031-11-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445Q69<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |    115000 | PA      | $120918.18    | 0.01%             | 2041-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 5444456K0<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5372363.50   | 0.37%             | 2051-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE         | CUSIP: 13034A7A2<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5264412.50   | 0.36%             | 2050-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ontario Montclair School District                                            | ONTARIO CA MONTCLAIR SCH DIST                                | CUSIP: 683119GW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4206355.20   | 0.29%             | 2052-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | CALIFORNIA ST STWD CMNTYS DEV AUTH STWD REVENUE              | CUSIP: 13078YRM9<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   4985000 | PA      | $4264100.71   | 0.29%             | 2050-09-02      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA Airport System Revenue                               | SACRAMENTO CNTY CA ARPT SYS REVENUE                          | CUSIP: 786107XB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1348759.88   | 0.09%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Sacramento Municipal Utility District                                        | SACRAMENTO CA MUNI UTILITY DIST ELEC REVENUE                 | CUSIP: 786005C97<br>LEI: E3GSVR6ZOU1MX2V7HF33 | Long             | DBT              | MUN               | US        |   3730000 | PA      | $3868326.68   | 0.27%             | 2050-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chabot-Las Positas Community College District                                | CHABOT-LAS POSITAS CA CMNTY CLG DIST                         | CUSIP: 15722TKU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20280000 | PA      | $21649911.97  | 1.49%             | 2048-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                              | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JGF7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  23000000 | PA      | $24537936.40  | 1.69%             | 2056-03-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048VCA4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |  21415000 | PA      | $18975191.19  | 1.30%             | 2047-12-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign                   | BURBANK GLENDALE PASADENA CA ARPT AUTH ARPT REVENUE          | CUSIP: 120827EF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10341120.00  | 0.71%             | 2054-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Mateo Joint Powers Financing Authority                                   | SAN MATEO CNTY CA JT PWRS FING AUTH LEASE REVENUE            | CUSIP: 79904NGQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8955000 | PA      | $8414299.79   | 0.58%             | 2052-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                  | CALIFORNIA ST EDUCTNL FACS AUTH REVENUE                      | CUSIP: 130179RL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9984072.00   | 0.69%             | 2053-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign                   | BURBANK GLENDALE PASADENA CA ARPT AUTH ARPT REVENUE          | CUSIP: 120827ED8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5385000 | PA      | $5637301.25   | 0.39%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH SPL TAX REVENUE                  | CUSIP: 13051AHS0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1263625.25   | 0.09%             | 2059-09-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 5444453B3<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |  19365000 | PA      | $20360281.60  | 1.40%             | 2050-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445SY6<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |  19234998 | PA      | $19500409.84  | 1.34%             | 2051-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                       | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JRP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1535000 | PA      | $1462378.84   | 0.10%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Butte-Glenn Community College District                                       | BUTTE-GLENN CA CMNTY CLG DIST                                | CUSIP: 124110HK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2375000 | PA      | $2515910.18   | 0.17%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV     | CUSIP: 79766DXQ7<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |  19999999 | PA      | $21250958.73  | 1.46%             | 2055-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Rio Hondo Community College District/CA                                      | RIO HONDO CA CMNTY CLG DIST                                  | CUSIP: 767121FM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14000000 | PA      | $14972241.20  | 1.03%             | 2055-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                        | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE               | CUSIP: 126292BN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $5032878.00   | 0.35%             | 2057-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles CA Wastewater System Revenue                             | LOS ANGELES CA WSTWTR SYS REVENUE                            | CUSIP: 53945CMD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5303201.00   | 0.36%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Marcos Unified School District                                           | SAN MARCOS CA UNIF SCH DIST                                  | CUSIP: 798755HY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2883258.45   | 0.20%             | 2055-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                  | CALIFORNIA ST EDUCTNL FACS AUTH REVENUE                      | CUSIP: 130179GV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7525000 | PA      | $8692951.49   | 0.60%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Beach Community College District                                        | LONG BEACH CA CMNTY CLG DIST                                 | CUSIP: 542411QY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1585241.10   | 0.11%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                          | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                   | CUSIP: 13068XRR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5910000 | PA      | $6230416.56   | 0.43%             | 2050-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Clara County Housing Authority                                         | SANTA CLARA CNTY CA HSG AUTH                                 | CUSIP: 801617DZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3565054.85   | 0.24%             | 2041-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Antelope Valley Union High School District                                   | ANTELOPE VLY CA UNION HIGH SCH DIST                          | CUSIP: 036717NE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2101352.80   | 0.14%             | 2054-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH MF HSG REVENUE                   | CUSIP: 130483HW3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3100000 | PA      | $3187656.53   | 0.22%             | 2043-11-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| San Mateo Foster City Public Financing Authority                             | SAN MATEO FOSTER CITY CA PUBLIC FING AUTH WSTWTR REVENUE     | CUSIP: 79905VAX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4840000 | PA      | $5060400.53   | 0.35%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity Funds                                                    | BlackRock Liquidity Funds: MuniCash, Institutional Shares    | CUSIP: 09248U841<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        | 141534465 | NS      | $141548618.36 | 9.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Puente Basin Water Agency                                                    | PUENTE BASIN WTR AGY WTR REVENUE                             | CUSIP: 745056CS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4490000 | PA      | $4751701.00   | 0.33%             | 2049-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048VJE9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    615000 | PA      | $462156.69    | 0.03%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                          | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                   | CUSIP: 13068XPW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  19275000 | PA      | $20266577.32  | 1.39%             | 2050-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                     | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT  | CUSIP: 38122NB84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  64965000 | PA      | $6390080.83   | 0.44%             | 2066-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                  | CALIFORNIA ST ENTERPRISE DEV AUTH CHRT SCH REVENUE           | CUSIP: 13069AAB4<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |    600000 | PA      | $563623.80    | 0.04%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV        | CUSIP: 79766DXQ7<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |  16120000 | PA      | $17128273.76  | 1.18%             | 2055-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Downey Unified School District                                               | DOWNEY CA UNIF SCH DIST                                      | CUSIP: 261005TX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3685269.35   | 0.25%             | 2057-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445C80<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   3900000 | PA      | $4062180.33   | 0.28%             | 2047-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tamalpais Union High School District                                         | TAMALPAIS CA UNION HIGH SCH DIST                             | CUSIP: 874857LT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2466449.25   | 0.17%             | 2049-08-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Washington Township Health Care District                                     | WASHINGTON TWP CA HLTH CARE DIST                             | CUSIP: 940642CD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3272514.05   | 0.22%             | 2038-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                              | CALIFORNIA CNTY CA TOBACCO SECURITIZATION AGY TOBACCO SETTLE | CUSIP: 13016NGB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4275000 | PA      | $3962034.09   | 0.27%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                       | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  26761000 | PA      | $9538784.50   | 0.66%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                  | CUSIP: 13058TSG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $523009.99    | 0.04%             | 2047-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Norman Y Mineta San Jose International Airport SJC                           | SAN JOSE CA ARPT REVENUE                                     | CUSIP: 798136VR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1293403.01   | 0.09%             | 2037-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center Pooled Revenue        | UNIV OF CALIFORNIA CA RGTS MED CENTER POOLED REVENUE         | CUSIP: 913366KS8<br>LEI: RRR42I7GG51DB5HDQR14 | Long             | DBT              | MUN               | US        |   8410000 | PA      | $8802505.63   | 0.60%             | 2047-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                            | CALIFORNIA HSG FIN AGY MUNI CTFS                             | CUSIP: 13033DAA3<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |       604 | PA      | $626.35       | 0.00%             | 2035-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH LEASE REVENUE                    | CUSIP: 13049UEZ8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15276700.50  | 1.05%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ontario Public Financing Authority                                           | ONTARIO CA PUBLIC FING AUTH LEASE REVENUE                    | CUSIP: 68304REJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1610237.59   | 0.11%             | 2050-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                  | CALIFORNIA ST EDUCTNL FACS AUTH REVENUE                      | CUSIP: 130179YE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11420000 | PA      | $12024253.90  | 0.83%             | 2055-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                    | CUSIP: 13032UP77<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   2095000 | PA      | $2206746.88   | 0.15%             | 2049-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Peralta Community College District                                           | PERALTA CA CMNTY CLG DIST                                    | CUSIP: 713575YD4<br>LEI: 254900VWMA3IHACOBO19 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2664163.50   | 0.18%             | 2052-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Southern California                      | TOBACCO SECURITIZATION AUTH STHRN CA TOBACCO SETTLEMENT REVE | CUSIP: 888804CR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12250000 | PA      | $12336710.40  | 0.85%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Napa Valley Unified School District                                          | NAPA VLY CA UNIF SCH DIST                                    | CUSIP: 630362GV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3757446.70   | 0.26%             | 2050-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Indio Finance Authority                                                      | INDIO CA PUBLIC FING AUTH                                    | CUSIP: 45571LDR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7333438.70   | 0.50%             | 2052-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                    | CUSIP: 13032UXE3<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   3570000 | PA      | $3346264.53   | 0.23%             | 2045-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Foothill-Eastern Transportation Corridor Agency                              | FOOTHILL ESTRN TRANSPRTN CORRIDOR AGY CA TOLL ROAD REVENUE   | CUSIP: 345105GU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $7371868.50   | 0.51%             | 2053-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ontario Public Financing Authority                                           | ONTARIO CA PUBLIC FING AUTH WTR REVENUE                      | CUSIP: 68304SBV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1716656.66   | 0.12%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sunnyvale School District                                                    | SUNNYVALE CA SCH DIST                                        | CUSIP: 867578XZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2630551.75   | 0.18%             | 2056-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fremont Union High School District                                           | FREMONT CA UNION HIGH SCH DIST SANTA CLARA CNTY              | CUSIP: 357172L94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3685000 | PA      | $3598711.67   | 0.25%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Diego Public Facilities Financing Authority                              | SAN DIEGO CA PUBLIC FACS FING AUTH SWR REVENUE               | CUSIP: 79730AKY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6970000 | PA      | $7287376.16   | 0.50%             | 2052-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                     | UNIV OF CALIFORNIA CA REVENUES                               | CUSIP: 91412HTB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12500000 | PA      | $13159975.00  | 0.90%             | 2054-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Etiwanda School District                                                     | ETIWANDA CA SCH DIST                                         | CUSIP: 297667DE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7175000 | PA      | $7500719.89   | 0.52%             | 2052-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV        | CUSIP: 79766DMB2<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4003796.00   | 0.28%             | 2049-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mountain House Public Financing Authority                                    | MOUNTAIN HOUSE CA PUBLIC FING AUTH UTILITY SYS REVENUE       | CUSIP: 62412PBP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4288343.40   | 0.29%             | 2050-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Berkeley Unified School District/CA                                          | BERKELEY CA UNIF SCH DIST                                    | CUSIP: 084154N90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10514552.00  | 0.72%             | 2054-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sunnyvale School District                                                    | SUNNYVALE CA SCH DIST                                        | CUSIP: 867578XX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3982784.25   | 0.27%             | 2050-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                  | CUSIP: 13058TPW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2950000 | PA      | $2707214.41   | 0.19%             | 2061-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco Bay Area Rapid Transit District                                | SAN FRANCISCO CA BAY AREA RAPID TRANSIT DIST                 | CUSIP: 797661C52<br>LEI: 549300Y3C3QUMLE3FY58 | Long             | DBT              | MUN               | US        |   9075000 | PA      | $8779460.83   | 0.60%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445GY9<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1513756.05   | 0.10%             | 2048-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Public Facilities Financing Authority                              | SAN DIEGO CA PUBLIC FACS FING AUTH WTR REVENUE               | CUSIP: 79730CLN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4720164.50   | 0.32%             | 2052-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue   | LOS ANGELES CNTY CA MET TRANSPRTN AUTH SALES TAX REVENUE     | CUSIP: 54466HHF6<br>LEI: 54930051IHTXE1N9RB42 | Long             | DBT              | MUN               | US        |  11200000 | PA      | $11658664.64  | 0.80%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Victor Valley Community College District                                     | VICTOR VLY CA CMNTY CLG DIST                                 | CUSIP: 92603PGC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3225000 | PA      | $3410214.65   | 0.23%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                  | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE             | CUSIP: 79739GRK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6890000 | PA      | $7025838.42   | 0.48%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Modesto High School District                                                 | MODESTO CA HIGH SCH DIST STANISLAUS CNTY                     | CUSIP: 607743MB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4295000 | PA      | $4658751.28   | 0.32%             | 2050-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Sacramento Municipal Utility District                                        | SACRAMENTO CA MUNI UTILITY DIST ELEC REVENUE                 | CUSIP: 786005K56<br>LEI: E3GSVR6ZOU1MX2V7HF33 | Long             | DBT              | MUN               | US        |   2770000 | PA      | $2946328.78   | 0.20%             | 2049-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                  | CUSIP: 13058TPV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1725973.50   | 0.12%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grossmont-Cuyamaca Community College District                                | GROSSMONT-CUYAMACA CA CMNTY CLG DIST                         | CUSIP: 399267JT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10546960.00  | 0.72%             | 2056-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                  | CALIFORNIA ST ENTERPRISE DEV AUTH REVENUE                    | CUSIP: 13067RCZ4<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2029843.15   | 0.14%             | 2062-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| South Orange County Public Financing Authority                               | SOUTH ORANGE CNTY CA PUBLIC FING AUTH LEASE REVENUE          | CUSIP: 839097CH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5193633.50   | 0.36%             | 2052-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salinas Union High School District                                           | SALINAS CA UNION HIGH SCH DIST                               | CUSIP: 794896GT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7250000 | PA      | $7718901.00   | 0.53%             | 2048-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                            | CALIFORNIA HSG FIN AGY LTD OBLIG MF HSG REVENUE              | CUSIP: 13034DAR5<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10014836.00  | 0.69%             | 2040-09-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Contra Costa Water District                                                  | CONTRA COSTA CA WTR DIST                                     | CUSIP: 212218TY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3570000 | PA      | $3737812.85   | 0.26%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Public Works Financing Authority                          | LOS ANGELES CNTY CA PUBLIC WKS FING AUTH                     | CUSIP: 544738KV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4455000 | PA      | $4716358.81   | 0.32%             | 2056-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oak Grove School District                                                    | OAK GROVE CA SCH DIST                                        | CUSIP: 6712055K4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5835000 | PA      | $6075757.35   | 0.42%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                      | BAY AREA CA TOLL AUTH TOLL BRIDGE REVENUE                    | CUSIP: 072024VQ2<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4745583.50   | 0.33%             | 2047-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Irvine Facilities Financing Authority                                        | IRVINE CA FACS FING AUTH SPL TAX REVENUE                     | CUSIP: 46360WAT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1391856.05   | 0.10%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                              | CALIFORNIA CNTY CA TOBACCO SECURITIZATION AGY TOBACCO SETTLE | CUSIP: 13016NFC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10650000 | PA      | $1753433.04   | 0.12%             | 2055-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| La Canada Unified School District                                            | LA CANADA CA UNIF SCH DIST                                   | CUSIP: 502516PY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6945000 | PA      | $7093569.52   | 0.49%             | 2047-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                              | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JHJ8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  23975000 | PA      | $26067068.09  | 1.79%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                  | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE             | CUSIP: 79739GRL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6080639.40   | 0.42%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV     | CUSIP: 79766DWD7<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |  30640000 | PA      | $30470607.96  | 2.09%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sequoia Union High School District                                           | SEQUOIA CA UNION HIGH SCH DIST                               | CUSIP: 817409U86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5313647.00   | 0.37%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445SV2<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   4450000 | PA      | $4685678.23   | 0.32%             | 2040-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | CALIFORNIA ST                                                | CUSIP: 13063EJZ0<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |  19425000 | PA      | $19230408.12  | 1.32%             | 2050-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| San Mateo Foster City School District/CA                                     | SAN MATEO CA FOSTER CITY SCH DIST                            | CUSIP: 799055VP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1825000 | PA      | $1913426.18   | 0.13%             | 2051-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                          | CALIFORNIA PUBLIC FIN AUTH SENIOR LIVING REVENUE             | CUSIP: 13057GAQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9125000 | PA      | $8445675.69   | 0.58%             | 2059-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV        | CUSIP: 79766DWX3<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   4050000 | PA      | $4242330.05   | 0.29%             | 2049-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California State University                                                  | CALIFORNIA ST UNIV REVENUE                                   | CUSIP: 13077DWF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  18640000 | PA      | $20254850.30  | 1.39%             | 2050-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                  | CUSIP: 13058TSF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $557360.49    | 0.04%             | 2043-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California State University                                                  | CALIFORNIA ST UNIV REVENUE                                   | CUSIP: 13077DEY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10070000 | PA      | $10304903.90  | 0.71%             | 2048-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                              | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JEP7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5302616.50   | 0.36%             | 2055-02-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                          | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                   | CUSIP: 13068XPV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14300000 | PA      | $15418790.53  | 1.06%             | 2046-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jurupa Unified School District                                               | JURUPA CA UNIF SCH DIST                                      | CUSIP: 482124TY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10672548.00  | 0.73%             | 2050-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chaffey Joint Union High School District                                     | CHAFFEY CA JT UNION HIGH SCH DIST                            | CUSIP: 157411XB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $1406672.40   | 0.10%             | 2048-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of San Francisco CA Public Utilities Commission Water Revenue           | SAN FRANCISCO CA CITY & CNTY PUB UTILS COMMN WTR REVENUE     | CUSIP: 79771FLJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5200000 | PA      | $5507703.24   | 0.38%             | 2051-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | CALIFORNIA ST                                                | CUSIP: 13063D4D7<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5383719.50   | 0.37%             | 2045-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Oakland CA                                                           | OAKLAND CA                                                   | CUSIP: 672240YM4<br>LEI: 549300BRTTFKDQCGL048 | Long             | DBT              | MUN               | US        |   3215000 | PA      | $3420741.67   | 0.24%             | 2048-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 5444453D9<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |  25000000 | PA      | $26644597.50  | 1.83%             | 2055-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 5444456H7<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5316734.00   | 0.37%             | 2048-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                         | SAN DIEGO CA UNIF SCH DIST                                   | CUSIP: 797356PX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2375000 | PA      | $2526427.39   | 0.17%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Southern California                      | TOBACCO SECURITIZATION AUTH STHRN CA TOBACCO SETTLEMENT REVE | CUSIP: 888804CU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  22600000 | PA      | $4124097.72   | 0.28%             | 2054-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                     | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT  | CUSIP: 38122ND90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  39885000 | PA      | $39747628.08  | 2.73%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Financing Authority                                     | CALIFORNIA ST STWD FING AUTH TOBACCO SETTLEMENT              | CUSIP: 130923BQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $304648.50    | 0.02%             | 2055-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California State University                                                  | CALIFORNIA ST UNIV REVENUE                                   | CUSIP: 13077DSX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3010000 | PA      | $3239598.89   | 0.22%             | 2048-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-29

**Name of Applicant:** BlackRock MuniHoldings California Quality Fund, Inc.

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer