# EDGAR Filing Document

**Accession Number:** 0000890393
**File Stem:** 0001752724-23-071943
**Filing Date:** 2023-3
**Character Count:** 73347
**Document Hash:** 9468b9fcef5c2a7f612dd754e9c4398d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-071943.hdr.sgml**: 20230329

**ACCESSION NUMBER**: 0001752724-23-071943

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230329

**DATE AS OF CHANGE**: 20230329

**PERIOD START**: 20230731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK MUNIYIELD MICHIGAN QUALITY FUND, INC.
- **CENTRAL INDEX KEY:** 0000890393
- **IRS NUMBER:** 223196060
- **STATE OF INCORPORATION:** NJ
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07080
- **FILM NUMBER:** 23774060

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809-3700
- **BUSINESS PHONE:** (800) 882-0052

**MAIL ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809-3700

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MUNIYIELD MICHIGAN INSURED FUND INC
- **DATE OF NAME CHANGE:** 20020620

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MUNIYIELD MICHIGAN INSURED FUND II INC
- **DATE OF NAME CHANGE:** 20020620

## 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 MuniYield Michigan Quality Fund, Inc.

- **b. Investment Company Act file number:** 811-07080

- **c. CIK number of Registrant:** 0000890393

- **d. LEI of Registrant:** J3H1DOS8Q2FL9RVLS329

- **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 MuniYield Michigan Quality Fund, Inc.

- **c. LEI of Series:** J3H1DOS8Q2FL9RVLS329

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

- **a. Date of fiscal year-end:** 2023-07-31

- **b. Date as of which information is reported:** 2023-01-31

**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:** $644601541.67

**Total Liabilities:** $256506673.38

**Net Assets:** $388094868.29

**Delayed Delivery Securities:** $2771400.00

**Cash Not Reported:** $83444.53

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 38744.25000000 | **1-Year:** 28553.66000000 | **5-Year:** 226879.63000000 | **10-Year:** 128095.69000000 | **30-Year:** 69674.58000000

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

- **3-Month:** 6.79000000 | **1-Year:** 0.00000000 | **5-Year:** 1838.63000000 | **10-Year:** 8157.65000000 | **30-Year:** 34887.07000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 8.02%                | -0.04%               | 4.22%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2740560.55             | $30734092.23                               |
| Month 2  | $-1141806.11             | $-556681.90                                |
| Month 3  | $-427714.25              | $15508638.48                               |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Coopersville Area Public Schools                           | COOPERSVILLE MI AREA PUBLIC SCHS                          | CUSIP: 216876MQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $964518.00    | 0.25%             | 2052-05-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Kalamazoo Economic Development Corp                        | KALAMAZOO MI ECON DEV CORP                                | CUSIP: 483228DU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    805000 | PA      | $776295.31    | 0.20%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Western Michigan University                                | WSTRN MI UNIV                                             | CUSIP: 958638TW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8475000 | PA      | $8651983.43   | 2.23%             | 2043-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447TBT9<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   4945000 | PA      | $5178216.09   | 1.33%             | 2035-05-15      | 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: 74529JQL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    616000 | PA      | $587282.70    | 0.15%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority               | MICHIGAN ST HSG DEV AUTH RENTAL HSG REVENUE               | CUSIP: 59465MM28<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001665.00   | 0.26%             | 2034-10-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                    | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE               | CUSIP: 594698MQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3192258.00   | 0.82%             | 2040-10-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Mona Shores Public Schools                                 | MONA SHORES MI PUBLIC SCHS                                | CUSIP: 608804CP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1089681.00   | 0.28%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447TMQ3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   8500000 | PA      | $8160051.00   | 2.10%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oakland University                                         | OAKLAND UNIV MI REVENUE                                   | CUSIP: 673588HE2<br>LEI: 549300O12XLW6O082V10 | Long             | DBT              | MUN               | US        |   3635000 | PA      | $3777721.01   | 0.97%             | 2041-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Hospital Finance Authority                  | MICHIGAN ST HOSP FIN AUTH                                 | CUSIP: 59465HVU7<br>LEI: 54930011MIBQ2P7ZNM19 | Long             | DBT              | MUN               | US        |   4665000 | PA      | $4947596.37   | 1.27%             | 2047-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Traverse County Hospital Finance Authority           | GRAND TRAVERSE CNTY MI HOSP FIN AUTH                      | CUSIP: 386523GX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2610000 | PA      | $2685228.03   | 0.69%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Walled Lake Consolidated School District                   | WALLED LAKE MI CONSOL SCH DIST                            | CUSIP: 932423SW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2630000 | PA      | $2677213.76   | 0.69%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentwood Economic Development Corp                         | KENTWOOD MI ECON DEV CORP                                 | CUSIP: 491740EY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2335000 | PA      | $2276209.37   | 0.59%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447TFY4<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    750000 | PA      | $795828.75    | 0.21%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Royal Oak Hospital Finance Authority                       | ROYAL OAK MI HOSP FIN AUTH                                | CUSIP: 780486HD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  27365000 | PA      | $28098135.72  | 7.24%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447THF3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2043858.00   | 0.53%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447TSM6<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4275264.00   | 1.10%             | 2043-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State University                                  | MICHIGAN ST UNIV REVENUES                                 | CUSIP: 594712WH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7275000 | PA      | $7349743.35   | 1.89%             | 2044-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                             | WAYNE CNTY MI ARPT AUTH REVENUE                           | CUSIP: 944514RR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1499526.30   | 0.39%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jackson Public Schools/MI                                  | JACKSON MI PUBLIC SCHS                                    | CUSIP: 468312HS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4252952.00   | 1.10%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbia School District/MI                                | COLUMBIA MI SCH DIST                                      | CUSIP: 197810EA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5185000 | PA      | $5278081.12   | 1.36%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447PP96<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   6315000 | PA      | $6319104.75   | 1.63%             | 2028-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                    | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE               | CUSIP: 594698QS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14000000 | PA      | $13609764.00  | 3.51%             | 2038-12-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Farmington Public School District                          | FARMINGTON MI PUBLIC SCH DIST                             | CUSIP: 311261TB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1586118.00   | 0.41%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority               | MICHIGAN ST HSG DEV AUTH RENTAL HSG REVENUE               | CUSIP: 59465MM36<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   3490000 | PA      | $3492512.80   | 0.90%             | 2039-10-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Clarkston Community Schools                                | CLARKSTON MI CMNTY SCHS                                   | CUSIP: 182252YQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2767185.00   | 0.71%             | 2047-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Zeeland Public Schools                                     | ZEELAND MI PUBLIC SCHS                                    | CUSIP: 989258MU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1060555.00   | 0.27%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447PQ20<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   5480000 | PA      | $5484471.68   | 1.41%             | 2029-11-01      | Fixed         | 4.00%                 | 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        |   1109000 | PA      | $1060516.74   | 0.27%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447T3T8<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   3120000 | PA      | $3436430.40   | 0.89%             | 2038-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                     | US LONG BOND(CBT) MAR23                                   | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       -61 | NC      | $-256759.92   | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Farmington Public School District                          | FARMINGTON MI PUBLIC SCH DIST                             | CUSIP: 311261TD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057334.00   | 0.27%             | 2035-05-01      | 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: 74529JPW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    534000 | PA      | $508635.00    | 0.13%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Coopersville Area Public Schools                           | COOPERSVILLE MI AREA PUBLIC SCHS                          | CUSIP: 216876MM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $335287.04    | 0.09%             | 2043-05-01      | Fixed         | 4.50%                 | 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        |    825000 | PA      | $812831.25    | 0.21%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI Water Supply System Revenue             | DETROIT MI WTR SPLY SYS REVENUE                           | CUSIP: 251256CJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10021.58     | 0.00%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447TL68<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1185908.75   | 0.31%             | 2040-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                | PUERTO RICO CMWLTH                                        | CUSIP: 74514L3J4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1060985 | PA      | $1150659.45   | 0.30%             | 2031-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Western Michigan University                                | WSTRN MI UNIV                                             | CUSIP: 958638WP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17115000 | PA      | $18287000.97  | 4.71%             | 2049-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH LTD OBLIG REVENUE                    | CUSIP: 594479CV7<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2900000 | PA      | $2915094.50   | 0.75%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447TCT8<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3815493.75   | 0.98%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ludington Area School District                             | LUDINGTON MI AREA SCH DIST                                | CUSIP: 549637GB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1975000 | PA      | $2021062.93   | 0.52%             | 2040-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ludington Area School District                             | LUDINGTON MI AREA SCH DIST                                | CUSIP: 549637GA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1925000 | PA      | $1975411.90   | 0.51%             | 2039-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hudsonville Public Schools                                 | HUDSONVILLE MI PUBLIC SCHS                                | CUSIP: 444240UB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2040000 | PA      | $2035852.68   | 0.52%             | 2045-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                     | US 10YR NOTE (CBT)MAR23                                   | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       -33 | NC      | $-62480.95    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Michigan State Building Authority                          | MICHIGAN ST BLDG AUTH REVENUE                             | CUSIP: 594615GZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6857494.00   | 1.77%             | 2049-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lansing Board of Water & Light                             | LANSING MICH BRD WTR & LT UTIL SYS REV                    | CUSIP: 516391DD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14000000 | PA      | $14998312.00  | 3.86%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447TSL8<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2710195.00   | 0.70%             | 2038-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                             | WAYNE CNTY MI ARPT AUTH REVENUE                           | CUSIP: 944514WC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1054734.00   | 0.27%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447PZQ7<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3109089.00   | 0.80%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                          | MICHIGAN ST BLDG AUTH REVENUE                             | CUSIP: 594615KM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5536755.00   | 1.43%             | 2047-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                             | WAYNE CNTY MI ARPT AUTH REVENUE                           | CUSIP: 944514SX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7711410.00   | 1.99%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mona Shores Public Schools                                 | MONA SHORES MI PUBLIC SCHS                                | CUSIP: 608804CR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1653151.85   | 0.43%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ludington Area School District                             | LUDINGTON MI AREA SCH DIST                                | CUSIP: 549637GF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2015000 | PA      | $2033789.88   | 0.52%             | 2044-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447TBR3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2086966.00   | 0.54%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447PZN4<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1036355.00   | 0.27%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447PZP9<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   5250000 | PA      | $5440858.50   | 1.40%             | 2032-07-01      | 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: 74529JRL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    103000 | PA      | $98044.05     | 0.03%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Farmington Public School District                          | FARMINGTON MI PUBLIC SCH DIST                             | CUSIP: 311261TC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1586059.50   | 0.41%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Downriver Utility Wastewater Authority                     | DOWNRIVER UTILITY WSTWTR AUTH                             | CUSIP: 26111PAU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1064614.00   | 0.27%             | 2043-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447PL74<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   5400000 | PA      | $5525253.00   | 1.42%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447TAU7<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1570869.00   | 0.40%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dearborn School District                                   | DEARBORN MI SCH DIST                                      | CUSIP: 242595SW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1221542.40   | 0.31%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                             | WAYNE CNTY MI ARPT AUTH REVENUE                           | CUSIP: 944514XQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1280166.25   | 0.33%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447TMN0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033335.00   | 0.27%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447TM26<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |  50000000 | PA      | $5114650.00   | 1.32%             | 2065-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Lake Superior State University                             | LAKE SUPERIOR MI ST UNIV                                  | CUSIP: 511002FN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3953681.25   | 1.02%             | 2048-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentwood Public Schools                                    | KENTWOOD MI PUBLIC SCHS                                   | CUSIP: 491746RT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1815000 | PA      | $1890957.75   | 0.49%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Swartz Creek Community Schools                             | SWARTZ CREEK MI CMNTY SCHS                                | CUSIP: 870040BZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4270000 | PA      | $4640567.68   | 1.20%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Water Supply System Revenue    | GREAT LAKES MI WTR AUTH WTR SPLY SYS REVENUE              | CUSIP: 39081JCP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1871383.50   | 0.48%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                          | MICHIGAN ST BLDG AUTH REVENUE                             | CUSIP: 594615JW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3348962.10   | 0.86%             | 2040-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wayne State University                                     | WAYNE MI ST UNIV REVENUES                                 | CUSIP: 946303ZU1<br>LEI: 549300GWQMQVAS66E613 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1934286.00   | 0.50%             | 2048-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                          | Michigan State Building Authority                         | CUSIP: 594615BU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5150000 | PA      | $5356504.70   | 1.38%             | 2045-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Ottawa Public Schools                                 | WEST OTTAWA MI PUBLIC SCH DIST                            | CUSIP: 955023VY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3455000 | PA      | $3465067.87   | 0.89%             | 2046-11-01      | Fixed         | 4.00%                 | 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        |   7451000 | PA      | $7345903.65   | 1.89%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentwood Economic Development Corp                         | KENTWOOD MI ECON DEV CORP                                 | CUSIP: 491740EZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $603023.25    | 0.16%             | 2045-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447PQ46<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   3150000 | PA      | $3152220.75   | 0.81%             | 2031-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority               | MICHIGAN ST HSG DEV AUTH RENTAL HSG REVENUE               | CUSIP: 59465M4L6<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   7420000 | PA      | $7085053.78   | 1.83%             | 2043-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447T3V3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   3210000 | PA      | $3164337.75   | 0.82%             | 2042-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                             | WAYNE CNTY MI ARPT AUTH REVENUE                           | CUSIP: 944514SV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3850000 | PA      | $4098667.65   | 1.06%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dowagiac Union School District                             | DOWAGIAC MI SCH DIST                                      | CUSIP: 260633FZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1217278.32   | 0.31%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chippewa Valley Schools                                    | CHIPPEWA VLY MI SCHS                                      | CUSIP: 170016D55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4275000 | PA      | $4650075.68   | 1.20%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Battle Creek School District/MI                            | BATTLE CREEK MI SCH DIST                                  | CUSIP: 071446BT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1254582.81   | 0.32%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                    | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE               | CUSIP: 594698QT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15207030.00  | 3.92%             | 2043-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Coopersville Area Public Schools                           | COOPERSVILLE MI AREA PUBLIC SCHS                          | CUSIP: 216876ML3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $448649.13    | 0.12%             | 2041-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447TFX6<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2122654.00   | 0.55%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State University                                  | Michigan State University                                 | CUSIP: 594712VF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6160000 | PA      | $6669074.72   | 1.72%             | 2048-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Walled Lake Consolidated School District                   | WALLED LAKE MI CONSOL SCH DIST                            | CUSIP: 932423WT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4015000 | PA      | $4431684.73   | 1.14%             | 2047-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority               | MICHIGAN ST HSG DEV AUTH LTD OBLG MFH REVENUE             | CUSIP: 594600AJ7<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   2725000 | PA      | $2725114.45   | 0.70%             | 2037-04-20      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Mona Shores Public Schools                                 | MONA SHORES MI PUBLIC SCHS                                | CUSIP: 608804CQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1114604.48   | 0.29%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH LTD OBLIG REVENUE                    | CUSIP: 594479CX3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1720000 | PA      | $1720861.72   | 0.44%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Gull Lake Community School District                        | GULL LAKE MI CMNTY SCH DIST                               | CUSIP: 402748MC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4226576.00   | 1.09%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Michigan Trunk Line Revenue                       | MICHIGAN ST TRUNK LINE                                    | CUSIP: 5946952Z0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  25910000 | PA      | $26101189.89  | 6.73%             | 2044-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fraser Public School District                              | FRASER MI PUBLIC SCHS DIST                                | CUSIP: 355514NT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2128932.00   | 0.55%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Traverse County Hospital Finance Authority           | GRAND TRAVERSE CNTY MI HOSP FIN AUTH                      | CUSIP: 386523EH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2219947.40   | 0.57%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Western Michigan University                                | WSTRN MI UNIV                                             | CUSIP: 958638TX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1783166.00   | 0.46%             | 2039-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH LTD OBLIG REVENUE                    | CUSIP: 594479EM5<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    700000 | PA      | $680902.60    | 0.18%             | 2029-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Hospital Finance Authority                  | MICHIGAN ST HOSP FIN AUTH                                 | CUSIP: 59465HTZ9<br>LEI: 54930011MIBQ2P7ZNM19 | Long             | DBT              | MUN               | US        |   2235000 | PA      | $2312726.60   | 0.60%             | 2046-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Byron Center Public Schools                                | BYRON CENTER MI PUBLIC SCHS                               | CUSIP: 124511MR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4475000 | PA      | $4774601.25   | 1.23%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Valley State University                              | GRAND VLY MI ST UNIV REVENUE                              | CUSIP: 386545MT1<br>LEI: 5493004492FRREYG5M95 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1688656.00   | 0.44%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gerald R Ford International Airport Authority              | GERALD R FORD INTERNATIONAL ARPT AUTH MI REVENUE          | CUSIP: 373695AZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8435000 | PA      | $9105607.81   | 2.35%             | 2051-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority               | MICHIGAN ST HSG DEV AUTH RENTAL HSG REVENUE               | CUSIP: 59465PAX6<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3446080.00   | 0.89%             | 2046-10-01      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Eastern Michigan University                                | ESTRN MICHIGAN UNIV REVENUES                              | CUSIP: 276731ZX7<br>LEI: 549300K3C21R17LKDU63 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10016670.00  | 2.58%             | 2044-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wayne State University                                     | Wayne State University                                    | CUSIP: 946303ZT4<br>LEI: 549300GWQMQVAS66E613 | Long             | DBT              | MUN               | US        |   8529998 | PA      | $9102250.33   | 2.35%             | 2043-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | Michigan Finance Authority                                | CUSIP: 59447THF3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |  10002060 | PA      | $10221400.00  | 2.63%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lansing Board of Water & Light                             | LANSING MICH BRD WTR & LT UTIL SYS REV                    | CUSIP: 516391DC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1080798.00   | 0.28%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447PGV7<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002030.00   | 0.26%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447THE6<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1025000 | PA      | $974006.25    | 0.25%             | 2046-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447TAS2<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047219.00   | 0.27%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH LTD OBLIG REVENUE                    | CUSIP: 594479CY1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1562696.05   | 0.40%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Walled Lake Consolidated School District                   | WALLED LAKE MI CONSOL SCH DIST                            | CUSIP: 932423WU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2742215.00   | 0.71%             | 2049-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447T3S0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2223990.00   | 0.57%             | 2037-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447TMR1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3120645.00   | 0.80%             | 2037-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grandville Public Schools                                  | GRANDVILLE MI PUBLIC SCH DIST                             | CUSIP: 386892QJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3408466.75   | 0.88%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority               | Michigan State Housing Development Authority              | CUSIP: 594654SG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6580000 | PA      | $7187584.04   | 1.85%             | 2053-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Saginaw MI                                       | SAGINAW CNTY MI                                           | CUSIP: 7867025R7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1994430.00   | 0.51%             | 2042-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Novi Community School District                             | NOVI MI CMNTY SCH DIST                                    | CUSIP: 670029WV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1147612.60   | 0.30%             | 2047-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dearborn School District                                   | DEARBORN MI SCH DIST                                      | CUSIP: 242595SM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1628723.20   | 0.42%             | 2033-05-01      | 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: 74529JRP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    597000 | PA      | $567507.60    | 0.15%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue     | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE         | CUSIP: 74529JRM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5880000 | PA      | $5619298.44   | 1.45%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447TBS1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5236230.00   | 1.35%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lowell Area Schools                                        | LOWELL MI AREA SCHS                                       | CUSIP: 547694PK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1876133.00   | 0.48%             | 2049-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Western Michigan University                                | WSTRN MI UNIV                                             | CUSIP: 958638TV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020883.00   | 0.26%             | 2033-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Kentwood Public Schools                                    | KENTWOOD MI PUBLIC SCHS                                   | CUSIP: 491746RS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1178139.20   | 0.30%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Sewage Disposal System Revenue | GREAT LAKES MI WTR AUTH SEWAGE DISPOSAL SYS REVENUE       | CUSIP: 39081HDV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8788344.00   | 2.26%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity Funds                                  | BlackRock Liquidity Funds: MuniCash, Institutional Shares | CUSIP: 09248U841<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |   1799056 | NS      | $1799415.64   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Michigan State Housing Development Authority               | MICHIGAN ST HSG DEV AUTH RENTAL HSG REVENUE               | CUSIP: 59465MQ57<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   3320000 | PA      | $3328675.16   | 0.86%             | 2040-10-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Michigan Technological University                          | MICHIGAN ST TECH UNIV REVENUES                            | CUSIP: 594746QU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1821728.33   | 0.47%             | 2052-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447TYG2<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |  21445000 | PA      | $22087685.21  | 5.69%             | 2045-12-01      | 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        |   6202000 | PA      | $1722220.98   | 0.44%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447PGW5<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   8595000 | PA      | $8615258.42   | 2.22%             | 2041-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447TSG9<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    215000 | PA      | $240368.50    | 0.06%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                     | US 5YR NOTE (CBT) MAR23                                   | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       -41 | NC      | $-62760.18    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Karegnondi Water Authority                                 | KAREGNONDI WTR AUTH MI                                    | CUSIP: 48563UBZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2882541.75   | 0.74%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State University                                  | MICHIGAN ST UNIV REVENUES                                 | CUSIP: 594712VE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9570000 | PA      | $10481666.91  | 2.70%             | 2044-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Karegnondi Water Authority                                 | KAREGNONDI WTR AUTH MI                                    | CUSIP: 48563UCA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3111087.00   | 0.80%             | 2045-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kalamazoo Economic Development Corp                        | KALAMAZOO MI ECON DEV CORP                                | CUSIP: 483228DW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $387506.08    | 0.10%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Water Supply System Revenue    | GREAT LAKES MI WTR AUTH WTR SPLY SYS REVENUE              | CUSIP: 39081JAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10313160.00  | 2.66%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH LTD OBLIG REVENUE                    | CUSIP: 594479GJ0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1664582.50   | 0.43%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH LTD OBLIG REVENUE                    | CUSIP: 594479EN3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    830000 | PA      | $846809.16    | 0.22%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne State University                                     | WAYNE MI ST UNIV REVENUES                                 | CUSIP: 946303UB8<br>LEI: 549300GWQMQVAS66E613 | Long             | DBT              | MUN               | US        |  13000000 | PA      | $13254891.00  | 3.42%             | 2040-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Michigan Trunk Line Revenue                       | MICHIGAN ST TRUNK LINE                                    | CUSIP: 5946952G2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1990860.00   | 0.51%             | 2045-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan State University                                  | MICHIGAN ST UNIV REVENUES                                 | CUSIP: 594712VD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4022204.00   | 1.04%             | 2044-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Western Michigan University                                | WSTRN MI UNIV                                             | CUSIP: 958638YB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2215000 | PA      | $2404067.97   | 0.62%             | 2051-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447TXH1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1457337.00   | 0.38%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lowell Area Schools                                        | LOWELL MI AREA SCHS                                       | CUSIP: 547694PJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1614558.00   | 0.42%             | 2047-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Byron Center Public Schools                                | BYRON CENTER MI PUBLIC SCHS                               | CUSIP: 124511MS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    740000 | PA      | $779948.16    | 0.20%             | 2047-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Walled Lake Consolidated School District                   | WALLED LAKE MI CONSOL SCH DIST                            | CUSIP: 932423ST4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2850000 | PA      | $2901163.20   | 0.75%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Technological University                          | MICHIGAN ST TECH UNIV REVENUES                            | CUSIP: 594746PE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1847322.00   | 0.48%             | 2045-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447PQ38<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2645000 | PA      | $2646899.11   | 0.68%             | 2030-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                    | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE               | CUSIP: 594698RM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1182171.46   | 0.30%             | 2043-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                             | WAYNE CNTY MI ARPT AUTH REVENUE                           | CUSIP: 944514XP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1034633.00   | 0.27%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Coopersville Area Public Schools                           | COOPERSVILLE MI AREA PUBLIC SCHS                          | CUSIP: 216876MN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $834966.05    | 0.22%             | 2045-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Berkley School District                                    | BERKLEY MI SCH DIST                                       | CUSIP: 084482BL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2965000 | PA      | $3139940.93   | 0.81%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                              | CUSIP: 59447T2L6<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5752044.00   | 1.48%             | 2051-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority               | MICHIGAN ST HSG DEV AUTH RENTAL HSG REVENUE               | CUSIP: 59465MM44<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5002785.00   | 1.29%             | 2044-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH LTD OBLIG REVENUE                    | CUSIP: 594479FV4<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $993824.00    | 0.26%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fraser Public School District                              | FRASER MI PUBLIC SCHS DIST                                | CUSIP: 355514NU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3225000 | PA      | $3398440.50   | 0.88%             | 2047-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Traverse County Hospital Finance Authority           | GRAND TRAVERSE CNTY MI HOSP FIN AUTH                      | CUSIP: 386523EG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4230000 | PA      | $4276390.41   | 1.10%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH LTD OBLIG REVENUE                    | CUSIP: 594479CW5<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   4400000 | PA      | $4416178.80   | 1.14%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dearborn School District                                   | DEARBORN MI SCH DIST                                      | CUSIP: 242595SL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1526928.00   | 0.39%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                          | MICHIGAN ST BLDG AUTH REVENUE                             | CUSIP: 594615FY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4750000 | PA      | $5025609.25   | 1.29%             | 2041-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Coopersville Area Public Schools                           | COOPERSVILLE MI AREA PUBLIC SCHS                          | CUSIP: 216876MP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    745000 | PA      | $717218.95    | 0.18%             | 2048-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                             | WAYNE CNTY MI ARPT AUTH REVENUE                           | CUSIP: 944514C63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4310424.00   | 1.11%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                             | WAYNE CNTY MI ARPT AUTH REVENUE                           | CUSIP: 944514TL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8327120.00   | 2.15%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Traverse County Hospital Finance Authority           | GRAND TRAVERSE CNTY MI HOSP FIN AUTH                      | CUSIP: 386523HQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1847722.00   | 0.48%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-28

**Name of Applicant:** BlackRock MuniYield Michigan Quality Fund, Inc.

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer