# EDGAR Filing Document

**Accession Number:** 0000890393
**File Stem:** 0001410368-25-010165
**Filing Date:** 2025-9
**Character Count:** 64002
**Document Hash:** 057090d42d20f1062e89416b5a5f3037
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-010165.hdr.sgml**: 20250924

**ACCESSION NUMBER**: 0001410368-25-010165

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250924

**DATE AS OF CHANGE**: 20250924

**PERIOD START**: 20250731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK MUNIYIELD MICHIGAN QUALITY FUND, INC.
- **CENTRAL INDEX KEY:** 0000890393

**ORGANIZATION NAME:**
- **EIN:** 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:** 251338634

**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:** 2025-07-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $574287851.05

**Total Liabilities:** $234609035.62

**Net Assets:** $339678815.43

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 1251.55000000 | **1-Year:** 7018.03000000 | **5-Year:** 215204.09000000 | **10-Year:** 147564.53000000 | **30-Year:** 191395.62000000

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 547.56000000 | **10-Year:** 15682.71000000 | **30-Year:** 28895.22000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -0.93%               | 0.41%                | -1.44%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-640722.19              | $-3873407.84                               |
| Month 2  | $-1422817.32             | $1484473.95                                |
| Month 3  | $-1098917.12             | $-5373043.18                               |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Holly Area School District                                 | HOLLY MI AREA SCH DIST                                       | CUSIP: 435866TW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8235000 | PA      | $8414609.71   | 2.48%             | 2048-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Coopersville Area Public Schools                           | COOPERSVILLE MI AREA PUBLIC SCHS                             | CUSIP: 216876MQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $512689.45    | 0.15%             | 2052-05-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| City of Lansing MI                                         | LANSING MI                                                   | CUSIP: 516372UC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4290000 | PA      | $4298047.35   | 1.27%             | 2048-06-01      | 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: 74529JQL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    451000 | PA      | $396485.16    | 0.12%             | 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      | $1000079.19   | 0.29%             | 2034-10-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Michigan State University                                  | MICHIGAN ST UNIV REVENUES                                    | CUSIP: 594712C66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10309215.50  | 3.03%             | 2050-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                          | MICHIGAN ST BLDG AUTH REVENUE                                | CUSIP: 594615JY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3375000 | PA      | $2898652.03   | 0.85%             | 2046-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TMQ3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   8500000 | PA      | $7096795.69   | 2.09%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                    | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE                  | CUSIP: 594698QU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2694221.88   | 0.79%             | 2048-06-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Water Supply System Revenue    | GREAT LAKES MI WTR AUTH WTR SPLY SYS REVENUE                 | CUSIP: 39081JGP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10750000 | PA      | $11003851.79  | 3.24%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Michigan State Hospital Finance Authority                  | MICHIGAN ST HOSP FIN AUTH                                    | CUSIP: 59465HVU7<br>LEI: 54930011MIBQ2P7ZNM19 | Long             | DBT              | MUN               | US        |  13030000 | PA      | $12922268.35  | 3.80%             | 2047-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berkley School District                                    | BERKLEY MI SCH DIST                                          | CUSIP: 084482DN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7475000 | PA      | $7491691.45   | 2.21%             | 2049-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                             | WAYNE CNTY MI ARPT AUTH REVENUE                              | CUSIP: 944514S66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2082843.18   | 0.61%             | 2050-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Walled Lake Consolidated School District                   | WALLED LAKE MI CONSOL SCH DIST                               | CUSIP: 932423YN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1513775.25   | 0.45%             | 2050-05-01      | 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: 39081HDW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2048379.06   | 0.60%             | 2052-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority               | MICHIGAN ST HSG DEV AUTH RENTAL HSG REVENUE                  | CUSIP: 59465PEJ3<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6824802.39   | 2.01%             | 2048-10-01      | 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        |   1725000 | PA      | $1533873.00   | 0.45%             | 2044-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                             | WAYNE CNTY MI ARPT AUTH REVENUE                              | CUSIP: 944514ZZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2940000 | PA      | $3058909.27   | 0.90%             | 2032-12-01      | Fixed         | 5.00%                 | 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        |  12000000 | PA      | $11509110.72  | 3.39%             | 2038-12-31      | Fixed         | 4.25%                 | 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      | $3488430.90   | 1.03%             | 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        |   2000000 | PA      | $2012483.22   | 0.59%             | 2047-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentwood Public Schools                                    | KENTWOOD MI PUBLIC SCHS                                      | CUSIP: 491746UX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6705000 | PA      | $6756734.17   | 1.99%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TUH4<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1962388.92   | 0.58%             | 2048-11-15      | 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        |    277000 | PA      | $256475.45    | 0.08%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Western Michigan University                                | WSTRN MI UNIV                                                | CUSIP: 958638YC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5345000 | PA      | $5197198.56   | 1.53%             | 2053-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne-Westland Community Schools                           | WAYNE WESTLAND MI CMNTY SCHS                                 | CUSIP: 946498KR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5250000 | PA      | $4949704.36   | 1.46%             | 2046-11-01      | 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: 74529JPW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $469238.26    | 0.14%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority               | MICHIGAN ST HSG DEV AUTH SF MTGE REVENUE                     | CUSIP: 594654C60<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2461933.13   | 0.72%             | 2045-12-01      | Fixed         | 4.85%                 | 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        |    850000 | PA      | $773847.79    | 0.23%             | 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      | $10008.13     | 0.00%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3J4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1060985 | PA      | $1151068.19   | 0.34%             | 2031-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Troy School District/MI                                    | TROY MI CITY SCH DIST                                        | CUSIP: 897404UB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14710000 | PA      | $14761895.56  | 4.35%             | 2052-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Western Michigan University                                | WSTRN MI UNIV                                                | CUSIP: 958638B56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2533702.48   | 0.75%             | 2049-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Western Michigan University                                | WSTRN MI UNIV                                                | CUSIP: 958638WP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5650000 | PA      | $5521233.51   | 1.63%             | 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      | $2727888.39   | 0.80%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ferris State University                                    | FERRIS MI ST UNIV REVENUE                                    | CUSIP: 315361MY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1970135.34   | 0.58%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Rapids Public Schools                                | GRAND RAPIDS MI PUBLIC SCHS                                  | CUSIP: 386280SR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2012039.04   | 0.59%             | 2049-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Grand Rapids MI                                    | GRAND RAPIDS MI                                              | CUSIP: 386226P24<br>LEI: 254900GF6XDJ7XO6OR24 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3005793.90   | 0.88%             | 2050-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Michigan Trunk Line Revenue                       | MICHIGAN ST TRUNK LINE                                       | CUSIP: 5946953A4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1738827.66   | 0.51%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                          | MICHIGAN ST BLDG AUTH REVENUE                                | CUSIP: 594615GZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $5868686.53   | 1.73%             | 2049-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Water Supply System Revenue    | GREAT LAKES MI WTR AUTH WTR SPLY SYS REVENUE                 | CUSIP: 39081JEV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4610000 | PA      | $4693347.32   | 1.38%             | 2052-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Rockford Public Schools                                    | ROCKFORD MI PUBLIC SCH DIST                                  | CUSIP: 773318XA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1520657.75   | 0.45%             | 2046-05-01      | Fixed         | 5.00%                 | 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        |  20355000 | PA      | $20292300.70  | 5.97%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State University                                  | MICHIGAN ST UNIV REVENUES                                    | CUSIP: 594712ZG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5335000 | PA      | $5401703.77   | 1.59%             | 2049-08-15      | 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        |   6000000 | PA      | $6027637.02   | 1.77%             | 2047-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                             | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TEC7<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3152421.12   | 0.93%             | 2055-10-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Gerald R Ford International Airport Authority              | GERALD R FORD INTERNATIONAL ARPT AUTH MI REVENUE             | CUSIP: 373695CF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1918441.00   | 0.56%             | 2054-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Byron Center Public Schools                                | BYRON CENTER MI PUBLIC SCHS                                  | CUSIP: 124511QZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5075594.35   | 1.49%             | 2053-05-01      | 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: 74529JRL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    103000 | PA      | $91187.77     | 0.03%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Novi Community School District                             | NOVI MI CMNTY SCH DIST                                       | CUSIP: 670029WR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1320000 | PA      | $1188166.07   | 0.35%             | 2043-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Williamston Community Schools School District              | WILLIAMSTON MI CMNTY SCHS SCH DIST                           | CUSIP: 970294EE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2263793.67   | 0.67%             | 2051-05-01      | 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      | $5127238.00   | 1.51%             | 2065-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Wayne State University                                     | WAYNE MI ST UNIV REVENUES                                    | CUSIP: 946303ZU1<br>LEI: 549300GWQMQVAS66E613 | Long             | DBT              | MUN               | US        |   8385000 | PA      | $7100897.20   | 2.09%             | 2048-11-15      | Fixed         | 4.00%                 | 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        |   1730000 | PA      | $1541553.90   | 0.45%             | 2046-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hudsonville Public Schools                                 | HUDSONVILLE MI PUBLIC SCHS                                   | CUSIP: 444240VA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2526011.85   | 0.74%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southfield Public Schools                                  | SOUTHFIELD MI PUBLIC SCHS                                    | CUSIP: 844215SP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1289415.45   | 0.38%             | 2050-05-01      | Fixed         | 5.25%                 | 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        |  14470000 | PA      | $15063683.84  | 4.43%             | 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        |   7076000 | PA      | $6442053.66   | 1.90%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Novi Community School District                             | NOVI MI CMNTY SCH DIST                                       | CUSIP: 670029VU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1185869.15   | 0.35%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447T3V3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   3210000 | PA      | $2896874.64   | 0.85%             | 2042-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                             | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TEN3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2880000 | PA      | $3026015.11   | 0.89%             | 2055-03-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Hospital Finance Authority                  | MICHIGAN ST HOSP FIN AUTH                                    | CUSIP: 59465HXC5<br>LEI: 54930011MIBQ2P7ZNM19 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2528146.35   | 0.74%             | 2045-08-15      | 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      | $14043318.60  | 4.13%             | 2043-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Michigan Trunk Line Revenue                       | MICHIGAN ST TRUNK LINE                                       | CUSIP: 5946952F4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2830000 | PA      | $2856355.05   | 0.84%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                             | WAYNE CNTY MI ARPT AUTH REVENUE                              | CUSIP: 944514ZJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3814363.40   | 1.12%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority               | MICHIGAN ST HSG DEV AUTH RENTAL HSG REVENUE                  | CUSIP: 59465PAY4<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   5175000 | PA      | $3050857.18   | 0.90%             | 2051-10-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                   | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3110000 | PA      | $3056543.08   | 0.90%             | 2054-12-31      | Fixed         | 5.25%                 | 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        |   1000000 | PA      | $1010842.36   | 0.30%             | 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        |   2380000 | PA      | $2337536.71   | 0.69%             | 2037-04-20      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH LTD OBLIG REVENUE                       | CUSIP: 594479CX3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    485000 | PA      | $451212.99    | 0.13%             | 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      | $3957639.48   | 1.17%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cedar Springs Public School District/MI                    | CEDAR SPRINGS MI PUBLIC SCH DIST                             | CUSIP: 150609KR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1950000 | PA      | $1789871.25   | 0.53%             | 2049-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                           | KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE              | CUSIP: 74440DFC3<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   7315000 | PA      | $7736781.14   | 2.28%             | 2055-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                             | WAYNE CNTY MI ARPT AUTH REVENUE                              | CUSIP: 944514H76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3495000 | PA      | $3594492.27   | 1.06%             | 2048-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TQU0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2255445.09   | 0.66%             | 2042-12-01      | 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      | $1612875.62   | 0.47%             | 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        |   5435000 | PA      | $5317333.88   | 1.57%             | 2051-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State University                                  | MICHIGAN ST UNIV REVENUES                                    | CUSIP: 594712ZH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4525000 | PA      | $4643213.00   | 1.37%             | 2054-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Hudsonville Public Schools                                 | HUDSONVILLE MI PUBLIC SCHS                                   | CUSIP: 444240VB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2375000 | PA      | $2379033.46   | 0.70%             | 2049-05-01      | 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        |   1750000 | PA      | $1762393.61   | 0.52%             | 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      | $1000972.14   | 0.29%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority               | MICHIGAN ST HSG DEV AUTH SF MTGE REVENUE                     | CUSIP: 594654SG1<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   5195000 | PA      | $5500526.11   | 1.62%             | 2053-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Cedar Springs Public School District/MI                    | CEDAR SPRINGS MI PUBLIC SCH DIST                             | CUSIP: 150609KQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1111445.21   | 0.33%             | 2046-05-01      | 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      | $1531570.33   | 0.45%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TL76<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3049197.86   | 0.90%             | 2049-06-01      | Fixed         | 4.00%                 | 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      | $2516106.43   | 0.74%             | 2049-05-01      | 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      | $524223.36    | 0.15%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Clarkston Community Schools                                | CLARKSTON MI CMNTY SCHS                                      | CUSIP: 182252YP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6360000 | PA      | $6470739.05   | 1.90%             | 2045-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lansing Board of Water & Light                             | LANSING MICH BRD WTR & LT UTIL SYS REV                       | CUSIP: 516391FL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8775000 | PA      | $8850076.79   | 2.61%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                             | WAYNE CNTY MI ARPT AUTH REVENUE                              | CUSIP: 944514U89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1036838.84   | 0.31%             | 2050-12-01      | Fixed         | 5.75%                 | 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      | $8221411.76   | 2.42%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Sewage Disposal System Revenue | GREAT LAKES MI WTR AUTH SEWAGE DISPOSAL SYS REVENUE          | CUSIP: 39081HFF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4685000 | PA      | $4829179.80   | 1.42%             | 2048-07-01      | 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        |  10584535 | NS      | $10585593.53  | 3.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp V            | TEXAS ST MUNI GAS ACQUISITION & SPLY CORP V GAS SPLY REVENUE | CUSIP: 88256RAK2<br>LEI: 254900XZ4J30QIJO9G03 | Long             | DBT              | MUN               | US        |   2540000 | PA      | $2671200.53   | 0.79%             | 2055-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne-Westland Community Schools                           | WAYNE WESTLAND MI CMNTY SCHS                                 | CUSIP: 946498KQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2360000 | PA      | $2400650.20   | 0.71%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TAW3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   4890000 | PA      | $4888686.79   | 1.44%             | 2038-05-15      | Fixed         | 5.00%                 | No            |                  2 | 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      | $3168829.71   | 0.93%             | 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      | $1683858.69   | 0.50%             | 2052-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Kentwood Economic Development Corp                         | KENTWOOD MI ECON DEV CORP                                    | CUSIP: 491740FB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $601267.78    | 0.18%             | 2043-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                          | MICHIGAN ST BLDG AUTH REVENUE                                | CUSIP: 594615PE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4611237.26   | 1.36%             | 2050-10-15      | 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: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3368000 | PA      | $1039555.87   | 0.31%             | 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      | $8604337.87   | 2.53%             | 2041-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH ACT 38 FACS SENIOR REVEUE               | CUSIP: 59447NBC9<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   8985000 | PA      | $9151953.07   | 2.69%             | 2049-02-28      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| L'Anse Creuse Public Schools                               | L'ANSE CREUSE MI PUBLIC SCHS                                 | CUSIP: 516228TM5<br>LEI: 549300L3W88HP5QUMY54 | Long             | DBT              | MUN               | US        |   9205000 | PA      | $9240475.24   | 2.72%             | 2049-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentwood Public Schools                                    | KENTWOOD MI PUBLIC SCHS                                      | CUSIP: 491746UY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1295614.74   | 0.38%             | 2049-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Karegnondi Water Authority                                 | KAREGNONDI WTR AUTH MI                                       | CUSIP: 48563UBZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3950000 | PA      | $3967603.41   | 1.17%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Three Rivers Community Schools                             | THREE RIVERS MI CMNTY SCHS                                   | CUSIP: 88567AJL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1787255.40   | 0.53%             | 2046-05-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Michigan State University                                  | MICHIGAN ST UNIV REVENUES                                    | CUSIP: 594712VE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3820000 | PA      | $3837408.47   | 1.13%             | 2044-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Kalamazoo MI                                     | KALAMAZOO CNTY MI                                            | CUSIP: 483195D75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1218574.03   | 0.36%             | 2047-05-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| State of Michigan Trunk Line Revenue                       | MICHIGAN ST TRUNK LINE                                       | CUSIP: 5946954Q8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  18000000 | PA      | $18472631.76  | 5.44%             | 2049-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH LTD OBLIG REVENUE                       | CUSIP: 594479GL5<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1218844.31   | 0.36%             | 2050-09-01      | Fixed         | 4.00%                 | 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        |   3000000 | PA      | $3000914.61   | 0.88%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Walled Lake Consolidated School District                   | WALLED LAKE MI CONSOL SCH DIST                               | CUSIP: 932423VD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2321627.25   | 0.68%             | 2045-05-01      | Fixed         | 5.00%                 | 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      | $859125.42    | 0.25%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Okemos Public Schools                                      | OKEMOS MI PUBLIC SCH DIST                                    | CUSIP: 678467PG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2756126.40   | 0.81%             | 2049-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State University                                  | MICHIGAN ST UNIV REVENUES                                    | CUSIP: 594712VD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3527530.20   | 1.04%             | 2044-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oakland University                                         | OAKLAND UNIV MI REVENUE                                      | CUSIP: 673588HF9<br>LEI: 549300O12XLW6O082V10 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3450719.83   | 1.02%             | 2047-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                    | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE                  | CUSIP: 594698PM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3270999.31   | 0.96%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Troy School District/MI                                    | TROY MI CITY SCH DIST                                        | CUSIP: 897404TZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3360000 | PA      | $3386784.74   | 1.00%             | 2047-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Michigan University                               | NTHRN MI UNIV REVENUES                                       | CUSIP: 665398PS6<br>LEI: 549300Y2Q94GGNQC7X56 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020592.58   | 0.30%             | 2050-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Western Michigan University                                | WSTRN MI UNIV                                                | CUSIP: 958638YB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1815000 | PA      | $1769120.39   | 0.52%             | 2051-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lansing MI                                         | LANSING MI                                                   | CUSIP: 516372UA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1777755.58   | 0.52%             | 2043-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TXH1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $3690584.01   | 1.09%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority               | MICHIGAN ST HSG DEV AUTH SF MTGE REVENUE                     | CUSIP: 594654WT8<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   5705000 | PA      | $6204759.88   | 1.83%             | 2054-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Michigan Technological University                          | MICHIGAN ST TECH UNIV REVENUES                               | CUSIP: 594746SE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2533291.63   | 0.75%             | 2048-10-01      | Fixed         | 5.25%                 | 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      | $1743084.77   | 0.51%             | 2045-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank      | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE         | CUSIP: 13034A6B1<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1570850.00   | 0.46%             | 2065-01-01      | Floating      | 9.50%                 | No            |                  2 | On Loan: No      |
| Michigan State Hospital Finance Authority                  | MICHIGAN ST HOSP FIN AUTH                                    | CUSIP: 59465HXB7<br>LEI: 54930011MIBQ2P7ZNM19 | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2742708.03   | 0.81%             | 2044-08-15      | 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      | $967612.84    | 0.28%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lansing MI                                         | LANSING MI                                                   | CUSIP: 516372UB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5325000 | PA      | $4580039.90   | 1.35%             | 2048-06-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447T2L6<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3339099.72   | 0.98%             | 2051-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Michigan Trunk Line Revenue                       | MICHIGAN ST TRUNK LINE                                       | CUSIP: 5946954P0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3870000 | PA      | $3947885.10   | 1.16%             | 2046-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447T5L3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1269656.30   | 0.37%             | 2050-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Water Supply System Revenue    | GREAT LAKES MI WTR AUTH WTR SPLY SYS REVENUE                 | CUSIP: 39081JJR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3584109.80   | 1.06%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Three Rivers Community Schools                             | THREE RIVERS MI CMNTY SCHS                                   | CUSIP: 88567AJP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6224051.12   | 1.83%             | 2049-05-01      | Fixed         | 4.25%                 | 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      | $4800972.35   | 1.41%             | 2044-10-01      | Fixed         | 4.75%                 | 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      | $4020439.90   | 1.18%             | 2045-12-01      | 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        |    295000 | PA      | $252837.70    | 0.07%             | 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        |   6500000 | PA      | $6508092.76   | 1.92%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Alabama Gas Supply District/The                  | S E ALABAMA ST GAS SPLY DIST GAS SPLY REVENUE                | CUSIP: 84131TBT8<br>LEI: 549300BL04JIB2GJZ178 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2631012.35   | 0.77%             | 2049-06-01      | Floating      | 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      | $8028540.64   | 2.36%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                 | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TL50<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1155125.71   | 0.34%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Hospital Finance Authority                  | MICHIGAN ST HOSP FIN AUTH                                    | CUSIP: 59465HXD3<br>LEI: 54930011MIBQ2P7ZNM19 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2518399.80   | 0.74%             | 2046-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-29

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

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer