# EDGAR Filing Document

**Accession Number:** 0001809541
**File Stem:** 0001410368-26-054497
**Filing Date:** 2026-5
**Character Count:** 820130
**Document Hash:** fe4578729afe0ca28497201a685827ca
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-054497.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0001410368-26-054497

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock Capital Allocation Term Trust
- **CENTRAL INDEX KEY:** 0001809541

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23564
- **FILM NUMBER:** 261030913

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

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BlackRock Capital Allocation Trust
- **DATE OF NAME CHANGE:** 20200414

## Nport-Ex

March 31, 2026

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

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

**BlackRock Capital Allocation Term Trust (BCAT)**<br>

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

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

------

Consolidated Schedule of Investments (unaudited)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

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

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

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par* <br>*(000)*<br>| *Value* |
| **Asset-Backed Securities** | **Asset-Backed Securities** | **Asset-Backed Securities** | **Asset-Backed Securities** |
| **Cayman Islands**<sup>(a)(b)</sup> **— 1.2%** | **Cayman Islands**<sup>(a)(b)</sup> **— 1.2%** | **Cayman Islands**<sup>(a)(b)</sup> **— 1.2%** |  |
| &nbsp;&nbsp;&nbsp; Apidos CLO XXXV, Series 2021-35A, Class E, (3-mo. <br> CME Term SOFR + 6.01%), 9.68%, 04/20/34<br>| USD | 375 | &nbsp;&nbsp; $360700 |
| &nbsp;&nbsp;&nbsp; Apidos CLO XXXVII, Series 2021-37A, Class E, (3-mo. <br> CME Term SOFR + 6.56%), 10.23%, 10/22/34<br>|  | 250 | &nbsp;&nbsp; 248272 |
| ARES Loan Funding I Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 2021-ALFA, Class ER, (3-mo. CME Term <br> SOFR + 5.10%), 8.77%, 04/15/39<br>|  | 1250 | &nbsp;&nbsp; 1249978 |
| &nbsp;&nbsp;&nbsp; Series 2021-ALFA, Class SUB, 0.00%, 10/15/34 |  | 2150 | &nbsp;&nbsp; 735644 |
| &nbsp;&nbsp;&nbsp; Ballyrock CLO Ltd., Series 2019-1A, Class CR, (3-mo. <br> CME Term SOFR + 3.31%), 6.98%, 07/15/32<br>|  | 2700 | &nbsp;&nbsp; 2700967 |
| &nbsp;&nbsp;&nbsp; Canyon CLO Ltd., Series 2020-3A, Class BR, (3-mo. <br> CME Term SOFR + 1.95%), 5.62%, 10/15/37<br>|  | 750 | &nbsp;&nbsp; 750860 |
| &nbsp;&nbsp;&nbsp; CarVal CLO VC Ltd., Series 2021-2A, Class E, (3-mo. <br> CME Term SOFR + 7.01%), 10.68%, 10/15/34<br>|  | 500 | &nbsp;&nbsp; 463444 |
| &nbsp;&nbsp;&nbsp; Crown City CLO III, Series 2021-1A, Class C, (3-mo. <br> CME Term SOFR + 3.56%), 7.23%, 07/20/34<br>|  | 1250 | &nbsp;&nbsp; 1197799 |
| &nbsp;&nbsp;&nbsp; Crown Point CLO Ltd., Series 2020-9A, Class DR, <br> (3-mo. CME Term SOFR + 4.01%), 7.68%, <br> 07/14/34<br>|  | 500 | &nbsp;&nbsp; 492453 |
| OCP CLO Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 2020-18A, Class D1R2, (3-mo. CME Term <br> SOFR + 3.10%), 6.77%, 07/20/37<br>|  | 500 | &nbsp;&nbsp; 500509 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 2020-AR, Class D1R, (3-mo. CME Term <br> SOFR + 3.60%), 7.27%, 04/18/37<br>|  | 3500 | &nbsp;&nbsp; 3438530 |
| &nbsp;&nbsp;&nbsp; Regatta XX Funding Ltd., Series 2021-2A, Class D1R, <br> (3-mo. CME Term SOFR + 2.60%), 6.27%, <br> 01/15/38<br>|  | 1500 | &nbsp;&nbsp; 1471719 |
| &nbsp;&nbsp;&nbsp; Sound Point CLO XXVI Ltd., Series 2020-1A, <br> Class DR, (3-mo. CME Term SOFR + 3.61%), <br> 7.28%, 07/20/34<br>|  | 250 | &nbsp;&nbsp; 239306 |
| &nbsp;&nbsp;&nbsp; Stratus CLO Ltd., Series 2021-1A, Class SUB, 0.00%, <br> 12/29/29<sup>(c)</sup><br>|  | 1000 | &nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; Trestles CLO Ltd., Series 2017-1A, Class D1RR, (3-<br> mo. CME Term SOFR + 3.15%), 6.82%, 07/25/37<br>|  | 500 | &nbsp;&nbsp; 500542 |
| &nbsp;&nbsp;&nbsp; Whitebox CLO I Ltd., Series 2019-1A, Class SUB, <br> 0.00%, 01/24/37<br>|  | 1000 | &nbsp;&nbsp; 491870 |
| &nbsp;&nbsp;&nbsp; Whitebox CLO II Ltd., Series 2020-2A, Class D1R2, <br> (3-mo. CME Term SOFR + 2.90%), 6.57%, <br> 10/24/37<br>|  | 1750 | &nbsp;&nbsp; 1739167 |
| Whitebox CLO III Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 2021-3A, Class DR, (3-mo. CME Term SOFR <br> + 2.85%), 6.52%, 10/15/35<br>|  | 500 | &nbsp;&nbsp; 499982 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 2021-3A, Class ER, (3-mo. CME Term SOFR <br> + 5.65%), 9.32%, 10/15/35<br>|  | 500 | &nbsp;&nbsp; 486530 |
|  |  |  | &nbsp;&nbsp; 17568272 |
| **Ireland**<sup>(a)</sup> **— 0.9%** | **Ireland**<sup>(a)</sup> **— 0.9%** | **Ireland**<sup>(a)</sup> **— 0.9%** |  |
| &nbsp;&nbsp;&nbsp; Arbour CLO VI DAC, Series 6X, Class DR, (3-mo. <br> EURIBOR + 3.20%), 5.18%, 11/15/37<sup>(d)</sup><br>| EUR | 300 | &nbsp;&nbsp; 343469 |
| &nbsp;&nbsp;&nbsp; Arcano Euro CLO I DAC, Series 1X, Class D, (3-mo. <br> EURIBOR + 3.40%), 5.43%, 04/25/39<sup>(d)</sup><br>|  | 350 | &nbsp;&nbsp; 403772 |
| &nbsp;&nbsp;&nbsp; Arcano Euro CLO II DAC, Series 2X, Class D, (3-mo. <br> EURIBOR + 3.30%), 5.33%, 07/25/39<sup>(d)</sup><br>|  | 160 | &nbsp;&nbsp; 184033 |
| &nbsp;&nbsp;&nbsp; ARES European CLO XII DAC, Series 12A, Class DR, <br> (3-mo. EURIBOR + 3.00%), 5.03%, 04/20/32<sup>(b)</sup><br>|  | 875 | &nbsp;&nbsp; 1011148 |
| &nbsp;&nbsp;&nbsp; Arini European CLO IV DAC, Series 4X, Class D, (3-<br> mo. EURIBOR + 3.50%), 5.52%, 01/15/38<sup>(d)</sup><br>|  | 430 | &nbsp;&nbsp; 497738 |
| &nbsp;&nbsp;&nbsp; Aurium CLO XIII DAC, Series 13X, Class D, (3-mo. <br> EURIBOR + 2.80%), 4.82%, 04/15/38<sup>(d)</sup><br>|  | 160 | &nbsp;&nbsp; 180671 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Ireland (continued)** | **Ireland (continued)** | **Ireland (continued)** |  |
| &nbsp;&nbsp;&nbsp; Capital Four CLO VIII DAC, Series 8X, Class D, (3-mo. <br> EURIBOR + 3.25%), 5.28%, 10/25/37<sup>(d)</sup><br>| EUR | 350 | &nbsp;&nbsp; $400939 |
| &nbsp;&nbsp;&nbsp; CIFC European Funding CLO III DAC, Series 3X, <br> Class DR, (3-mo. EURIBOR + 2.55%), 4.54%, <br> 01/15/39<sup>(d)</sup><br>|  | 100 | &nbsp;&nbsp; 112686 |
| &nbsp;&nbsp;&nbsp; Contego CLO VII DAC, Series 7X, Class DR, (3-mo. <br> EURIBOR + 3.45%), 5.48%, 01/23/38<sup>(d)</sup><br>|  | 290 | &nbsp;&nbsp; 327587 |
| &nbsp;&nbsp;&nbsp; CVC Cordatus Loan Fund XIX DAC, Series 19A, <br> Class D, (3-mo. EURIBOR + 3.80%), 5.91%, <br> 12/23/33<sup>(b)</sup><br>|  | 2300 | &nbsp;&nbsp; 2662671 |
| &nbsp;&nbsp;&nbsp; CVC Cordatus Opportunity Loan Fund-R DAC, <br> Series 1X, Class DR, (3-mo. EURIBOR + 2.80%), <br> 4.78%, 08/15/33<sup>(d)</sup><br>|  | 700 | &nbsp;&nbsp; 795665 |
| &nbsp;&nbsp;&nbsp; Hambridge Euro CLO 1 DAC, Series 1X, Class D, (3-<br> mo. EURIBOR + 3.30%), 5.34%, 10/20/38<sup>(d)</sup><br>|  | 210 | &nbsp;&nbsp; 242039 |
| &nbsp;&nbsp;&nbsp; Henley CLO XII DAC, Series 12X, Class D, (3-mo. <br> EURIBOR + 3.10%), 5.12%, 01/15/38<sup>(d)</sup><br>|  | 220 | &nbsp;&nbsp; 252874 |
| &nbsp;&nbsp;&nbsp; Invesco Euro CLO V DAC, Series 5A, Class D, (3-mo. <br> EURIBOR + 3.80%), 5.82%, 01/15/34<sup>(b)</sup><br>|  | 3150 | &nbsp;&nbsp; 3587839 |
| &nbsp;&nbsp;&nbsp; Newbridge Park CLO DAC, Series 1X, Class D, (3-mo. <br> EURIBOR + 2.50%), 4.70%, 04/15/40<sup>(d)</sup><br>|  | 200 | &nbsp;&nbsp; 227072 |
| Palmer Square European Loan Funding DAC<sup>(d)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 2024-2X, Class D, (3-mo. EURIBOR + <br> 3.15%), 5.13%, 05/15/34<br>|  | 250 | &nbsp;&nbsp; 289235 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 2024-3X, Class D, (3-mo. EURIBOR + <br> 3.05%), 5.03%, 05/15/34<br>|  | 220 | &nbsp;&nbsp; 254694 |
| &nbsp;&nbsp;&nbsp; Penta CLO 17 DAC, Series 2024-17X, Class DR, (3-<br> mo. EURIBOR + 2.60%), 4.62%, 02/15/39<sup>(d)</sup><br>|  | 170 | &nbsp;&nbsp; 188146 |
| Prodigy Finance DAC<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 2021-1A, Class C, (1 mo. Term SOFR + <br> 3.86%), 7.54%, 07/25/51<br>| USD | 50 | &nbsp;&nbsp; 49254 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 2021-1A, Class D, (1 mo. Term SOFR + <br> 6.01%), 9.69%, 07/25/51<br>|  | 49 | &nbsp;&nbsp; 49518 |
| &nbsp;&nbsp;&nbsp; Providus Clo XIV DAC, Series 14X, Class D, (3-mo. <br> EURIBOR + 2.65%), 4.92%, 04/18/40<sup>(d)</sup><br>| EUR | 100 | &nbsp;&nbsp; 112319 |
| &nbsp;&nbsp;&nbsp; Signal Harmonic CLO I DAC, Series 1X, Class DR, <br> (3-mo. EURIBOR + 3.50%), 5.52%, 07/15/38<sup>(d)</sup><br>|  | 190 | &nbsp;&nbsp; 216527 |
| &nbsp;&nbsp;&nbsp; Sona Fios CLO V DAC, Series 5X, Class D, (3-mo. <br> EURIBOR + 3.30%), 5.33%, 08/25/38<sup>(d)</sup><br>|  | 170 | &nbsp;&nbsp; 195950 |
| &nbsp;&nbsp;&nbsp; Victory Street CLO I DAC, Series 1X, Class D, (3-mo. <br> EURIBOR + 3.45%), 5.47%, 01/15/38<sup>(d)</sup><br>|  | 320 | &nbsp;&nbsp; 369380 |
|  |  |  | &nbsp;&nbsp; 12955226 |
| **United Kingdom — 0.0%** | **United Kingdom — 0.0%** | **United Kingdom — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Unique Pub Finance Co. PLC, Series 02, Class N, <br> 6.46%, 03/30/32<sup>(d)</sup><br>| GBP | 267 | &nbsp;&nbsp; 362825 |
| **United States — 2.2%** | **United States — 2.2%** | **United States — 2.2%** |  |
| Ajax Mortgage Loan Trust<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2021-G, Class A, 5.88%, 06/25/61<sup>(a)</sup> | USD | 3012 | &nbsp;&nbsp; 3013389 |
| &nbsp;&nbsp;&nbsp; Series 2021-G, Class B, 6.75%, 06/25/61<sup>(a)</sup> |  | 748 | &nbsp;&nbsp; 747573 |
| &nbsp;&nbsp;&nbsp; Series 2021-G, Class C, 0.00%, 06/25/61 |  | 1258 | &nbsp;&nbsp; 1293521 |
| Citigroup Mortgage Loan Trust<sup>(a)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 2007-AHL2, Class A3B, (1 mo. Term SOFR + <br> 0.31%), 3.99%, 05/25/37<br>|  | 3792 | &nbsp;&nbsp; 2586774 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 2007-AHL3, Class A3B, (1 mo. Term SOFR + <br> 0.28%), 3.96%, 07/25/45<br>|  | 2764 | &nbsp;&nbsp; 1948198 |
| &nbsp;&nbsp;&nbsp; College Avenue Student Loans LLC, Series 2021-A, <br> Class D, 4.12%, 07/25/51<sup>(b)</sup><br>|  | 125 | &nbsp;&nbsp; 119249 |
| &nbsp;&nbsp;&nbsp; Credit Suisse ABS Repackaging Trust, Series 2013-A, <br> Class R1, 0.00%, 04/25/43<sup>(b)(c)</sup><br>|  | 5 | &nbsp;&nbsp; 1257160 |
| &nbsp;&nbsp;&nbsp; Home Partners of America Trust, Series 2021-2, <br> Class F, 3.80%, 12/17/26<sup>(b)</sup><br>|  | 2398 | &nbsp;&nbsp; 2363158 |

---

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

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

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **United States (continued)** | **United States (continued)** | **United States (continued)** |  |
| &nbsp;&nbsp;&nbsp; Lending Funding Trust, Series 2020-2A, Class D, <br> 6.77%, 04/21/31<sup>(b)</sup><br>| USD | 2830 | &nbsp;&nbsp; $2830120 |
| &nbsp;&nbsp;&nbsp; Lendmark Funding Trust, Series 2021-1A, Class D, <br> 5.05%, 11/20/31<sup>(b)</sup><br>|  | 2320 | &nbsp;&nbsp; 2199451 |
| Mariner Finance Issuance Trust<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2021-AA, Class E, 5.40%, 03/20/36 |  | 1420 | &nbsp;&nbsp; 1370073 |
| &nbsp;&nbsp;&nbsp; Series 2021-BA, Class E, 4.68%, 11/20/36 |  | 540 | &nbsp;&nbsp; 506758 |
| Nelnet Student Loan Trust<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2021-A, Class D, 4.93%, 04/20/62 |  | 1670 | &nbsp;&nbsp; 1522852 |
| &nbsp;&nbsp;&nbsp; Series 2021-BA, Class D, 4.75%, 04/20/62 |  | 340 | &nbsp;&nbsp; 306372 |
| &nbsp;&nbsp;&nbsp; Series 2021-CA, Class D, 4.44%, 04/20/62 |  | 110 | &nbsp;&nbsp; 97968 |
| &nbsp;&nbsp;&nbsp; Progress Residential, Series 2021-SFR3, Class H, <br> 4.75%, 05/17/26<sup>(b)</sup><br>|  | 1140 | &nbsp;&nbsp; 1135793 |
| &nbsp;&nbsp;&nbsp; Regional Management Issuance Trust, Series 2021-3, <br> Class A, 3.88%, 10/17/33<sup>(b)(c)</sup><br>|  | 4780 | &nbsp;&nbsp; 4696350 |
| &nbsp;&nbsp;&nbsp; Residential Mortgage Loan Trust, Series 2020-1, <br> Class B1, 3.95%, 01/26/60<sup>(a)(b)</sup><br>|  | 400 | &nbsp;&nbsp; 381236 |
| SMB Private Education Loan Trust<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2021-A, Class D1, 3.86%, 01/15/53 |  | 1186 | &nbsp;&nbsp; 1070987 |
| &nbsp;&nbsp;&nbsp; Series 2021-A, Class D2, 3.86%, 01/15/53 |  | 647 | &nbsp;&nbsp; 585955 |
| &nbsp;&nbsp;&nbsp; Series 2021-C, Class D, 3.93%, 01/15/53 |  | 260 | &nbsp;&nbsp; 233426 |
| &nbsp;&nbsp;&nbsp; Structured Asset Securities Corp. Mortgage Loan Trust, <br> Series 2005-WF2, Class M8, (1 mo. Term SOFR + <br> 1.91%), 5.59%, 05/25/35<sup>(a)</sup><br>|  | 182 | &nbsp;&nbsp; 180907 |
| Tricon Residential Trust<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2021-SFR1, Class F, 3.69%, 07/17/38 |  | 1375 | &nbsp;&nbsp; 1365376 |
| &nbsp;&nbsp;&nbsp; Series 2021-SFR1, Class G, 4.13%, 07/17/38 |  | 887 | &nbsp;&nbsp; 880063 |
|  |  |  | &nbsp;&nbsp; 32692709 |
| **Total Asset-Backed Securities — 4.3%** <br>**(Cost: $70,040,208)** | **Total Asset-Backed Securities — 4.3%** <br>**(Cost: $70,040,208)** | **Total Asset-Backed Securities — 4.3%** <br>**(Cost: $70,040,208)** | &nbsp;&nbsp; 63579032 |

---

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

---

| | | |
|:---|:---|:---|
|  | <br>*Shares*<br>|  |
| **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Brazil — 0.0%** | **Brazil — 0.0%** |  |
| MercadoLibre, Inc.<sup>(e)</sup> | 187 | &nbsp;&nbsp; 323327 |
| **Canada — 1.6%** | **Canada — 1.6%** |  |
| Algoma Steel Group, Inc. | 178901 | &nbsp;&nbsp; 738861 |
| Cameco Corp. | 108363 | &nbsp;&nbsp; 11769305 |
| Cenovus Energy, Inc. | 155826 | &nbsp;&nbsp; 4134064 |
| Methanex Corp. | 24733 | &nbsp;&nbsp; 1472603 |
| Suncor Energy, Inc. | 92109 | &nbsp;&nbsp; 6092265 |
|  |  | &nbsp;&nbsp; 24207098 |
| **Chile — 0.0%** | **Chile — 0.0%** |  |
| Wom New Holdco<sup>(c)(e)</sup> | 599 | &nbsp;&nbsp; 13777 |
| **China — 0.8%** | **China — 0.8%** |  |
| Alibaba Group Holding Ltd., ADR | 2883 | &nbsp;&nbsp; 361701 |
| BYD Co. Ltd., Class H | 293766 | &nbsp;&nbsp; 4016172 |
| Contemporary Amperex Technology Co. Ltd., Class H | 4853 | &nbsp;&nbsp; 386824 |
| Tencent Holdings Ltd. | 111204 | &nbsp;&nbsp; 7013896 |
|  |  | &nbsp;&nbsp; 11778593 |
| **Denmark — 0.4%** | **Denmark — 0.4%** |  |
| DSV A/S | 25329 | &nbsp;&nbsp; 6117158 |
| **France — 1.6%** | **France — 1.6%** |  |
| Airbus SE | 8611 | &nbsp;&nbsp; 1628106 |
| Arkema SA | 20692 | &nbsp;&nbsp; 1420668 |

---

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **France (continued)** | **France (continued)** |  |
| EssilorLuxottica SA | 14201 | &nbsp;&nbsp; $3309190 |
| Hermes International SCA | 2323 | &nbsp;&nbsp; 4400577 |
| LVMH Moet Hennessy Louis Vuitton SE | 3036 | &nbsp;&nbsp; 1659627 |
| Sanofi SA | 47334 | &nbsp;&nbsp; 4571034 |
| Societe Generale SA | 70076 | &nbsp;&nbsp; 5116732 |
| TotalEnergies SE | 20457 | &nbsp;&nbsp; 1877423 |
|  |  | &nbsp;&nbsp; 23983357 |
| **Germany — 0.2%** | **Germany — 0.2%** |  |
| Heidelberg Materials AG | 4811 | &nbsp;&nbsp; 1015297 |
| Siemens AG, Class N, Registered Shares | 6998 | &nbsp;&nbsp; 1704951 |
|  |  | &nbsp;&nbsp; 2720248 |
| **India — 0.3%** | **India — 0.3%** |  |
| LG Electronics India Ltd.<sup>(e)</sup> | 32166 | &nbsp;&nbsp; 495861 |
| Mahindra & Mahindra Ltd. | 69108 | &nbsp;&nbsp; 2167680 |
| SBI Life Insurance Co. Ltd.<sup>(b)</sup> | 86125 | &nbsp;&nbsp; 1629146 |
| &nbsp;&nbsp;&nbsp; Think & Learn Private Ltd., Class J-B, (Acquired <br> 12/11/20, Cost: $5,113,105)<sup>(c)(e)(f)</sup><br>| 2279 | &nbsp;&nbsp; — |
|  |  | &nbsp;&nbsp; 4292687 |
| **Israel — 0.0%** | **Israel — 0.0%** |  |
| Deep Instinct Ltd.<sup>(c)(e)</sup> | 66096 | &nbsp;&nbsp; 3966 |
| **Italy — 1.5%** | **Italy — 1.5%** |  |
| Intesa Sanpaolo SpA | 1784664 | &nbsp;&nbsp; 10793442 |
| Leonardo SpA | 11078 | &nbsp;&nbsp; 753519 |
| UniCredit SpA | 155517 | &nbsp;&nbsp; 11157378 |
|  |  | &nbsp;&nbsp; 22704339 |
| **Luxembourg — 0.0%** | **Luxembourg — 0.0%** |  |
| New Kleo Holdco<sup>(c)(e)</sup> | 33230 | &nbsp;&nbsp; 49932 |
| **Macau — 0.0%** | **Macau — 0.0%** |  |
| Wynn Macau Ltd. | 391268 | &nbsp;&nbsp; 275396 |
| **Netherlands — 1.5%** | **Netherlands — 1.5%** |  |
| ASML Holding NV | 13599 | &nbsp;&nbsp; 18083352 |
| ING Groep NV | 138665 | &nbsp;&nbsp; 3599282 |
|  |  | &nbsp;&nbsp; 21682634 |
| **South Korea — 0.6%** | **South Korea — 0.6%** |  |
| Samsung Electronics Co. Ltd. | 56436 | &nbsp;&nbsp; 6600827 |
| SK Hynix, Inc. | 2884 | &nbsp;&nbsp; 1636280 |
|  |  | &nbsp;&nbsp; 8237107 |
| **Spain — 0.0%** | **Spain — 0.0%** |  |
| CaixaBank SA | 36670 | &nbsp;&nbsp; 439587 |
| Industria de Diseno Textil SA | 3155 | &nbsp;&nbsp; 183649 |
|  |  | &nbsp;&nbsp; 623236 |
| **Sweden — 0.0%** | **Sweden — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Volta Trucks, Series C, (Acquired 02/22/22, Cost: <br> $322,253), Preference Shares<sup>(c)(e)(f)</sup><br>| 2732 | &nbsp;&nbsp; — |
| **Taiwan — 1.9%** | **Taiwan — 1.9%** |  |
| Taiwan Semiconductor Manufacturing Co. Ltd. | 58000 | &nbsp;&nbsp; 3354402 |
| Taiwan Semiconductor Manufacturing Co. Ltd., ADR | 74150 | &nbsp;&nbsp; 25058993 |
|  |  | &nbsp;&nbsp; 28413395 |
| **United Kingdom — 3.4%** | **United Kingdom — 3.4%** |  |
| AstraZeneca PLC | 25015 | &nbsp;&nbsp; 4891432 |
| BAE Systems PLC | 362817 | &nbsp;&nbsp; 10637251 |
| British American Tobacco PLC | 102754 | &nbsp;&nbsp; 5965774 |
| Compass Group PLC | 133455 | &nbsp;&nbsp; 3723516 |
| Genius Sports Ltd.<sup>(e)</sup> | 140437 | &nbsp;&nbsp; 622136 |
| National Grid PLC | 453162 | &nbsp;&nbsp; 7649420 |
| RELX PLC | 105760 | &nbsp;&nbsp; 3464946 |

---

Consolidated Schedule of Investments

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

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

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **United Kingdom (continued)** | **United Kingdom (continued)** |  |
| Rolls-Royce Holdings PLC | 180920 | &nbsp;&nbsp; $2748614 |
| Shell PLC | 227344 | &nbsp;&nbsp; 10630852 |
| &nbsp;&nbsp;&nbsp; Teya Services Ltd., Series C, (Acquired 11/16/21, Cost: <br> $2,398,802)<sup>(c)(e)(f)</sup><br>| 1235 | &nbsp;&nbsp; 279481 |
|  |  | &nbsp;&nbsp; 50613422 |
| **United States — 45.1%** | **United States — 45.1%** |  |
| Abbott Laboratories | 12568 | &nbsp;&nbsp; 1290357 |
| AbbVie, Inc. | 16432 | &nbsp;&nbsp; 3573796 |
| Advanced Drainage Systems, Inc. | 866 | &nbsp;&nbsp; 118755 |
| Alphabet, Inc., Class C | 126356 | &nbsp;&nbsp; 36246482 |
| Amazon.com, Inc.<sup>(e)(g)</sup> | 137651 | &nbsp;&nbsp; 28668574 |
| AMC Networks, Inc., Class A<sup>(e)</sup> | 9801 | &nbsp;&nbsp; 66549 |
| Amphenol Corp., Class A | 2216 | &nbsp;&nbsp; 279992 |
| Antero Resources Corp.<sup>(e)</sup> | 20766 | &nbsp;&nbsp; 881309 |
| APA Corp. | 63494 | &nbsp;&nbsp; 2694685 |
| Apple, Inc.<sup>(g)</sup> | 94946 | &nbsp;&nbsp; 24096345 |
| AppLovin Corp., Class A<sup>(e)</sup> | 1862 | &nbsp;&nbsp; 741076 |
| Arista Networks, Inc.<sup>(e)</sup> | 5155 | &nbsp;&nbsp; 632931 |
| Autodesk, Inc.<sup>(e)</sup> | 3355 | &nbsp;&nbsp; 803187 |
| AutoZone, Inc.<sup>(e)</sup> | 44 | &nbsp;&nbsp; 148622 |
| Bank of America Corp. | 176401 | &nbsp;&nbsp; 8599549 |
| Best Buy Co., Inc. | 2155 | &nbsp;&nbsp; 138351 |
| Boeing Co.<sup>(e)</sup> | 45015 | &nbsp;&nbsp; 8959335 |
| Booking Holdings, Inc. | 345 | &nbsp;&nbsp; 1452560 |
| Boston Scientific Corp.<sup>(e)</sup> | 90689 | &nbsp;&nbsp; 5690735 |
| BP PLC | 165913 | &nbsp;&nbsp; 1298569 |
| Broadcom, Inc.<sup>(g)</sup> | 64274 | &nbsp;&nbsp; 19893446 |
| Builders FirstSource, Inc.<sup>(e)</sup> | 1235 | &nbsp;&nbsp; 101678 |
| Burlington Stores, Inc.<sup>(e)</sup> | 986 | &nbsp;&nbsp; 320825 |
| Cadence Design Systems, Inc.<sup>(e)</sup> | 6348 | &nbsp;&nbsp; 1763919 |
| Caesars Entertainment, Inc.<sup>(e)</sup> | 19728 | &nbsp;&nbsp; 521411 |
| Caresyntax, Inc.<sup>(c)(e)</sup> | 15359 | &nbsp;&nbsp; — |
| Carrier Global Corp. | 2835 | &nbsp;&nbsp; 159639 |
| Caterpillar, Inc. | 3710 | &nbsp;&nbsp; 2628387 |
| Century Communities, Inc. | 15990 | &nbsp;&nbsp; 917506 |
| Cheniere Energy, Inc. | 3146 | &nbsp;&nbsp; 892709 |
| Cisco Systems, Inc. | 96422 | &nbsp;&nbsp; 7481383 |
| Citigroup, Inc. | 99902 | &nbsp;&nbsp; 11329886 |
| Citizens Financial Group, Inc. | 44959 | &nbsp;&nbsp; 2696191 |
| Coinbase Global, Inc., Class A<sup>(e)</sup> | 1640 | &nbsp;&nbsp; 286360 |
| Costco Wholesale Corp. | 16513 | &nbsp;&nbsp; 16454049 |
| CRH PLC | 50079 | &nbsp;&nbsp; 5264304 |
| Crown PropTech Acquisitions<sup>(c)(e)</sup> | 84264 | &nbsp;&nbsp; 66810 |
| Crown PropTech Acquisitions, Class A<sup>(e)</sup> | 29568 | &nbsp;&nbsp; 350085 |
| CSX Corp. | 120150 | &nbsp;&nbsp; 4932157 |
| D.R. Horton, Inc. | 24520 | &nbsp;&nbsp; 3364634 |
| Darden Restaurants, Inc. | 807 | &nbsp;&nbsp; 158204 |
| Datadog, Inc., Class A<sup>(e)</sup> | 5842 | &nbsp;&nbsp; 689648 |
| &nbsp;&nbsp;&nbsp; Davidson Kempner Merchant Co-Investment Fund LP, <br> (Acquired 03/31/22, Cost: $0)<sup>(e)(f)(h)</sup><br>| — <br><sup>(i)</sup><br>| &nbsp;&nbsp; 4015153 |
| Delta Air Lines, Inc. | 70365 | &nbsp;&nbsp; 4677865 |
| Dick's Sporting Goods, Inc. | 817 | &nbsp;&nbsp; 162003 |
| EchoStar Corp., Class A<sup>(e)</sup> | 25894 | &nbsp;&nbsp; 3031411 |
| Edwards Lifesciences Corp.<sup>(e)</sup> | 38112 | &nbsp;&nbsp; 3052009 |
| Eli Lilly & Co. | 19412 | &nbsp;&nbsp; 17854575 |
| &nbsp;&nbsp;&nbsp; Epic Games, Inc., (Acquired 03/29/21, Cost: <br> $2,499,240)<sup>(c)(e)(f)</sup><br>| 2824 | &nbsp;&nbsp; 1425047 |
| EQT Corp. | 65380 | &nbsp;&nbsp; 4160783 |
| Estee Lauder Cos., Inc., Class A | 7936 | &nbsp;&nbsp; 569567 |
| &nbsp;&nbsp;&nbsp; EXO Imaging, Inc., (Acquired 06/24/21, Cost: <br> $1,482,935)<sup>(c)(e)(f)</sup><br>| 2532 | &nbsp;&nbsp; 937 |

---

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **United States (continued)** | **United States (continued)** |  |
| Exxon Mobil Corp. | 69936 | &nbsp;&nbsp; $11865342 |
| &nbsp;&nbsp;&nbsp; Fanatics Holdings, Inc., (Acquired 12/15/21, Cost: <br> $8,566,971)<sup>(c)(e)(f)</sup><br>| 126282 | &nbsp;&nbsp; 11049675 |
| Fifth Third Bancorp | 128484 | &nbsp;&nbsp; 5969367 |
| First Citizens BancShares, Inc., Class A | 351 | &nbsp;&nbsp; 661516 |
| First Horizon Corp. | 36567 | &nbsp;&nbsp; 832265 |
| Flagstar Bank NA | 209364 | &nbsp;&nbsp; 2757324 |
| Flyr AS, Series D X<sup>(c)(e)</sup> | 421209 | &nbsp;&nbsp; 4 |
| Formentera Partners Fund II LP<sup>(c)(e)(h)</sup> | — <br><sup>(i)</sup><br>| &nbsp;&nbsp; 3598961 |
| Freeport-McMoRan, Inc. | 140514 | &nbsp;&nbsp; 8259413 |
| Freewire Equity<sup>(c)(e)</sup> | 45 | &nbsp;&nbsp; — |
| GE Vernova, Inc. | 3652 | &nbsp;&nbsp; 3187831 |
| General Electric Co. | 25042 | &nbsp;&nbsp; 7106168 |
| Gilead Sciences, Inc. | 15750 | &nbsp;&nbsp; 2195077 |
| Goldman Sachs Group, Inc. | 2162 | &nbsp;&nbsp; 1829030 |
| Hilton Worldwide Holdings, Inc. | 15558 | &nbsp;&nbsp; 4730877 |
| &nbsp;&nbsp;&nbsp; HNG Hospitality Offshore LP, (Acquired 02/16/24, <br> Cost: $2,660,000)<sup>(c)(e)(f)</sup><br>| 2660000 | &nbsp;&nbsp; 1596000 |
| Home Depot, Inc. | 27620 | &nbsp;&nbsp; 9083942 |
| Honeywell International, Inc. | 10167 | &nbsp;&nbsp; 2298047 |
| Intuit, Inc. | 7923 | &nbsp;&nbsp; 3425747 |
| Intuitive Surgical, Inc.<sup>(e)</sup> | 11613 | &nbsp;&nbsp; 5353477 |
| James Hardie Industries PLC<sup>(e)</sup> | 6191 | &nbsp;&nbsp; 117257 |
| Johnson & Johnson | 27177 | &nbsp;&nbsp; 6643146 |
| JPMorgan Chase & Co. | 42798 | &nbsp;&nbsp; 12589460 |
| KB Home | 8345 | &nbsp;&nbsp; 431854 |
| KLA Corp. | 186 | &nbsp;&nbsp; 273868 |
| Lam Research Corp. | 13114 | &nbsp;&nbsp; 2801937 |
| Latch, Inc.<sup>(e)</sup> | 142273 | &nbsp;&nbsp; 29877 |
| Lionsgate Studios Corp.<sup>(e)</sup> | 95306 | &nbsp;&nbsp; 913984 |
| Live Nation Entertainment, Inc.<sup>(e)</sup> | 32713 | &nbsp;&nbsp; 4989060 |
| Lowe's Cos., Inc. | 128 | &nbsp;&nbsp; 30244 |
| Lumen Technologies, Inc.<sup>(e)</sup> | 80398 | &nbsp;&nbsp; 558766 |
| Marathon Petroleum Corp. | 3528 | &nbsp;&nbsp; 861467 |
| Marsh & McLennan Cos., Inc. | 47625 | &nbsp;&nbsp; 8260556 |
| Mastercard, Inc., Class A | 17960 | &nbsp;&nbsp; 8973894 |
| McDonald's Corp. | 19580 | &nbsp;&nbsp; 6085268 |
| McKesson Corp. | 10195 | &nbsp;&nbsp; 8822345 |
| Merck & Co., Inc. | 34729 | &nbsp;&nbsp; 4177551 |
| Meritage Homes Corp. | 12647 | &nbsp;&nbsp; 782090 |
| Meta Platforms, Inc., Class A | 22409 | &nbsp;&nbsp; 12820861 |
| Micron Technology, Inc. | 57439 | &nbsp;&nbsp; 19405192 |
| Microsoft Corp.<sup>(g)</sup> | 71721 | &nbsp;&nbsp; 26548963 |
| MongoDB, Inc., Class A<sup>(e)</sup> | 6998 | &nbsp;&nbsp; 1712900 |
| &nbsp;&nbsp;&nbsp; Mythic AI, Inc., Series C, (Acquired 01/26/21, Cost: <br> $560,518)<sup>(c)(e)(f)</sup><br>| 816 | &nbsp;&nbsp; — |
| Netflix, Inc.<sup>(e)</sup> | 35002 | &nbsp;&nbsp; 3365442 |
| NextEra Energy, Inc. | 118465 | &nbsp;&nbsp; 11003029 |
| NRG Energy, Inc. | 2261 | &nbsp;&nbsp; 330422 |
| NVIDIA Corp.<sup>(g)</sup> | 184747 | &nbsp;&nbsp; 32219877 |
| OpenAI, Series C<sup>(c)(e)</sup> | 1184 | &nbsp;&nbsp; 814221 |
| Oracle Corp. | 14239 | &nbsp;&nbsp; 2094699 |
| Palantir Technologies, Inc., Class A<sup>(e)</sup> | 18710 | &nbsp;&nbsp; 2736899 |
| Palladyne AI Corp.<sup>(e)</sup> | 7517 | &nbsp;&nbsp; 45628 |
| Paramount Skydance Corp., Class B | 3734 | &nbsp;&nbsp; 33681 |
| Parker-Hannifin Corp. | 5245 | &nbsp;&nbsp; 4695534 |
| PBF Energy, Inc., Class A | 18408 | &nbsp;&nbsp; 876589 |
| PepsiCo, Inc. | 20404 | &nbsp;&nbsp; 3168537 |
| Philip Morris International, Inc. | 30063 | &nbsp;&nbsp; 4970616 |
| Playstudios, Inc., Class A<sup>(e)</sup> | 226924 | &nbsp;&nbsp; 106473 |
| Progressive Corp. | 36075 | &nbsp;&nbsp; 7151508 |
| QXO, Inc.<sup>(e)</sup> | 19226 | &nbsp;&nbsp; 373369 |

---

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

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

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **United States (continued)** | **United States (continued)** |  |
| Relativity Space, Inc.<sup>(c)(e)</sup> | 496 | &nbsp;&nbsp; $511 |
| RH<sup>(e)</sup> | 740 | &nbsp;&nbsp; 103467 |
| Roche Holding AG | 9635 | &nbsp;&nbsp; 3845240 |
| Rockwell Automation, Inc. | 5264 | &nbsp;&nbsp; 1889144 |
| Ross Stores, Inc. | 517 | &nbsp;&nbsp; 111998 |
| Rotor Acquisition Corp.<sup>(e)</sup> | 3978 | &nbsp;&nbsp; 24147 |
| Royal Caribbean Cruises Ltd. | 524 | &nbsp;&nbsp; 144194 |
| RSA Security LLC<sup>(c)(e)</sup> | 181891 | &nbsp;&nbsp; 1 |
| Sarcos Technology & Robotics Corp.<sup>(e)</sup> | 160743 | &nbsp;&nbsp; 975711 |
| &nbsp;&nbsp;&nbsp; Screaming Eagle Acquisition Crop., Pipe, (Acquired <br> 05/14/24, Cost: $1,168,975)<sup>(e)(f)</sup><br>| 115000 | &nbsp;&nbsp; 1091416 |
| ServiceNow, Inc.<sup>(e)</sup> | 6138 | &nbsp;&nbsp; 641728 |
| ServiceTitan, Inc., Class A<sup>(e)</sup> | 10149 | &nbsp;&nbsp; 644055 |
| Six Flags Entertainment Corp.<sup>(e)</sup> | 28907 | &nbsp;&nbsp; 513099 |
| SM Energy Co. | 45092 | &nbsp;&nbsp; 1405969 |
| &nbsp;&nbsp;&nbsp; Snorkel AI, Inc., (Acquired 06/30/21, Cost: <br> $189,563)<sup>(c)(e)(f)</sup><br>| 12621 | &nbsp;&nbsp; 91755 |
| Solaris Energy Infrastructure, Inc., Class A | 11857 | &nbsp;&nbsp; 670039 |
| Sonder Holdings, Inc., Class A<sup>(e)</sup> | 37498 | &nbsp;&nbsp; — |
| Source Global PBC<sup>(c)(e)</sup> | 4622 | &nbsp;&nbsp; 370 |
| &nbsp;&nbsp;&nbsp; Space Exploration Technologies Corp., Class A, <br> (Acquired 08/21/23, Cost: $1,663,335)<sup>(c)(e)(f)</sup><br>| 20535 | &nbsp;&nbsp; 10813526 |
| &nbsp;&nbsp;&nbsp; Space Exploration Technologies Corp., Class C, <br> (Acquired 08/21/23, Cost: $1,785,240)<sup>(c)(e)(f)</sup><br>| 22040 | &nbsp;&nbsp; 11606044 |
| Starbucks Corp. | 2070 | &nbsp;&nbsp; 185451 |
| Starz Entertainment Corp.<sup>(e)</sup> | 3086 | &nbsp;&nbsp; 35489 |
| Stryker Corp. | 24223 | &nbsp;&nbsp; 7959436 |
| Synopsys, Inc.<sup>(e)</sup> | 642 | &nbsp;&nbsp; 254540 |
| Targa Resources Corp. | 11063 | &nbsp;&nbsp; 2773826 |
| Tesla, Inc.<sup>(e)</sup> | 24905 | &nbsp;&nbsp; 9258434 |
| Thermo Fisher Scientific, Inc. | 9651 | &nbsp;&nbsp; 4743756 |
| TJX Cos., Inc. | 71791 | &nbsp;&nbsp; 11465023 |
| Toll Brothers, Inc. | 2006 | &nbsp;&nbsp; 273759 |
| TopBuild Corp.<sup>(e)</sup> | 214 | &nbsp;&nbsp; 75178 |
| Trane Technologies PLC | 15268 | &nbsp;&nbsp; 6362786 |
| Uber Technologies, Inc.<sup>(e)</sup> | 19844 | &nbsp;&nbsp; 1427379 |
| Ulta Beauty, Inc.<sup>(e)</sup> | 336 | &nbsp;&nbsp; 175631 |
| Union Pacific Corp. | 17730 | &nbsp;&nbsp; 4301653 |
| United Airlines Holdings, Inc.<sup>(e)</sup> | 12803 | &nbsp;&nbsp; 1178772 |
| UnitedHealth Group, Inc. | 6730 | &nbsp;&nbsp; 1821071 |
| Valero Energy Corp. | 13215 | &nbsp;&nbsp; 3265162 |
| Vertex Pharmaceuticals, Inc.<sup>(e)</sup> | 5181 | &nbsp;&nbsp; 2313524 |
| Vertiv Holdings Co., Class A | 10479 | &nbsp;&nbsp; 2625828 |
| Vistance Networks, Inc.<sup>(e)</sup> | 53631 | &nbsp;&nbsp; 976084 |
| Vistra Corp. | 28546 | &nbsp;&nbsp; 4291320 |
| Walmart, Inc. | 149866 | &nbsp;&nbsp; 18625346 |
| Walt Disney Co. | 81057 | &nbsp;&nbsp; 7812274 |
| Wealthfront Corp.<sup>(e)</sup> | 55831 | &nbsp;&nbsp; 516437 |
| Wells Fargo & Co. | 68032 | &nbsp;&nbsp; 5416027 |
| Williams Cos., Inc. | 99570 | &nbsp;&nbsp; 7246705 |
| Wolfspeed, Inc.<sup>(e)</sup> | 1112 | &nbsp;&nbsp; 18148 |

---

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **United States (continued)** | **United States (continued)** |  |
| Wynn Resorts Ltd. | 2780 | &nbsp;&nbsp; $282309 |
| Zeitview, Series E3<sup>(c)(e)</sup> | 664755 | &nbsp;&nbsp; 674454 |
|  |  | &nbsp;&nbsp; 674149683 |
| **Total Common Stocks — 58.9%** <br>**(Cost: $625,683,663)** | **Total Common Stocks — 58.9%** <br>**(Cost: $625,683,663)** | &nbsp;&nbsp; 880189355 |

---

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

---

| | | | |
|:---|:---|:---|:---|
|  |  | *Par* <br>*(000)*<br>|  |
| **Corporate Bonds** | **Corporate Bonds** | **Corporate Bonds** | **Corporate Bonds** |
| **Angola**<sup>(b)</sup> **— 0.1%** | **Angola**<sup>(b)</sup> **— 0.1%** | **Angola**<sup>(b)</sup> **— 0.1%** | **Angola**<sup>(b)</sup> **— 0.1%** |
| Azule Energy Finance PLC |  |  |  |
| &nbsp;&nbsp;&nbsp; 8.25%, 01/22/31 | USD | 350 | &nbsp;&nbsp; 353339 |
| &nbsp;&nbsp;&nbsp; 8.63%, 01/22/33 |  | 250 | &nbsp;&nbsp; 251877 |
|  |  |  | &nbsp;&nbsp; 605216 |
| **Argentina**<sup>(b)</sup> **— 0.0%** | **Argentina**<sup>(b)</sup> **— 0.0%** | **Argentina**<sup>(b)</sup> **— 0.0%** | **Argentina**<sup>(b)</sup> **— 0.0%** |
| Telecom Argentina SA, 9.25%, 05/28/33 |  | 93 | &nbsp;&nbsp; 96666 |
| Vista Energy Argentina SAU, 8.50%, 06/10/33 |  | 51 | &nbsp;&nbsp; 53339 |
|  |  |  | &nbsp;&nbsp; 150005 |
| **Australia — 0.5%** | **Australia — 0.5%** | **Australia — 0.5%** | **Australia — 0.5%** |
| AGL Energy Ltd., 5.77%, 09/30/35<sup>(d)</sup> | AUD | 200 | &nbsp;&nbsp; 131359 |
| &nbsp;&nbsp;&nbsp; Oceana Australian Fixed Income Trust, A Note <br> Upsize<sup>(c)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 10.50%, 07/31/28 |  | 1980 | &nbsp;&nbsp; 1347386 |
| &nbsp;&nbsp;&nbsp; Class A, 12.50%, 07/31/26 |  | 2822 | &nbsp;&nbsp; 1956775 |
| &nbsp;&nbsp;&nbsp; Class A, 12.50%, 07/31/27 |  | 4703 | &nbsp;&nbsp; 3297727 |
| Pacific National Finance Pty. Ltd., 7.75%, 12/11/54<sup>(a)(d)</sup> |  | 190 | &nbsp;&nbsp; 131110 |
| Tabcorp Finance Pty. Ltd., 5.99%, 05/28/31<sup>(d)</sup> |  | 250 | &nbsp;&nbsp; 167832 |
|  |  |  | &nbsp;&nbsp; 7032189 |
| **Belgium — 0.0%** | **Belgium — 0.0%** | **Belgium — 0.0%** | **Belgium — 0.0%** |
| &nbsp;&nbsp;&nbsp; Telenet Finance Luxembourg Notes SARL, 5.50%, <br> 03/01/28<sup>(b)</sup><br>| USD | 200 | &nbsp;&nbsp; 196262 |
| **Brazil — 0.1%** | **Brazil — 0.1%** | **Brazil — 0.1%** | **Brazil — 0.1%** |
| LD Celulose International GmbH, 7.95%, 01/26/32<sup>(b)</sup> |  | 200 | &nbsp;&nbsp; 205595 |
| &nbsp;&nbsp;&nbsp; MC Brazil Downstream Trading SARL, 7.25%, <br> 06/30/31<sup>(d)</sup><br>|  | 181 | &nbsp;&nbsp; 161987 |
| Petrobras Global Finance BV, 6.75%, 01/27/41 |  | 96 | &nbsp;&nbsp; 93485 |
| Samarco Mineracao SA<sup>(j)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; (9.00% Cash or 9.00% PIK), 9.50%, 06/30/31<sup>(d)</sup> |  | 159 | &nbsp;&nbsp; 156131 |
| &nbsp;&nbsp;&nbsp; (9.00% PIK), 9.50%, 06/30/31<sup>(b)</sup> |  | 34 | &nbsp;&nbsp; 33443 |
| Vale Overseas Ltd., 6.40%, 06/28/54 |  | 58 | &nbsp;&nbsp; 58358 |
|  |  |  | &nbsp;&nbsp; 708999 |
| **Canada**<sup>(b)</sup> **— 0.8%** | **Canada**<sup>(b)</sup> **— 0.8%** | **Canada**<sup>(b)</sup> **— 0.8%** | **Canada**<sup>(b)</sup> **— 0.8%** |
| &nbsp;&nbsp;&nbsp; Air Canada Pass-Through Trust, Series 2020-1, <br> Class C, 10.50%, 07/15/26<br>|  | 1769 | &nbsp;&nbsp; 1788506 |
| HR Ottawa LP, 11.00%, 03/31/31 |  | 9417 | &nbsp;&nbsp; 10464540 |
|  |  |  | &nbsp;&nbsp; 12253046 |
| **Chile**<sup>(b)</sup> **— 0.0%** | **Chile**<sup>(b)</sup> **— 0.0%** | **Chile**<sup>(b)</sup> **— 0.0%** | **Chile**<sup>(b)</sup> **— 0.0%** |
| &nbsp;&nbsp;&nbsp; AES Andes SA, (5-year CMT + 3.84%), 8.15%, <br> 06/10/55<sup>(a)</sup><br>|  | 285 | &nbsp;&nbsp; 298751 |

---

Consolidated Schedule of Investments

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

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

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Chile (continued)** | **Chile (continued)** | **Chile (continued)** | **Chile (continued)** |
| &nbsp;&nbsp;&nbsp; WOM Chile Holdco SpA, (5.00% PIK), 5.00%, <br> 04/01/32<sup>(j)(k)</sup><br>| USD | 195 | &nbsp;&nbsp; $177189 |
| &nbsp;&nbsp;&nbsp; WOM Mobile SA, (5.50% Cash and 6.25% PIK), <br> 11.00%, 04/01/31<sup>(j)</sup><br>|  | 14 | &nbsp;&nbsp; 13598 |
|  |  |  | &nbsp;&nbsp; 489538 |
| **China — 0.1%** | **China — 0.1%** | **China — 0.1%** | **China — 0.1%** |
| Alibaba Group Holding Ltd., 0.50%, 06/01/31<sup>(k)</sup> |  | 223 | &nbsp;&nbsp; 309301 |
| Fantasia Holdings Group Co. Ltd.<sup>(d)(e)(l)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.95%, 12/17/21 |  | 320 | &nbsp;&nbsp; 4480 |
| &nbsp;&nbsp;&nbsp; 11.75%, 04/17/22 |  | 520 | &nbsp;&nbsp; 5720 |
| &nbsp;&nbsp;&nbsp; 9.25%, 07/28/23 |  | 1200 | &nbsp;&nbsp; 13500 |
| Fortune Star BVI Ltd., 6.80%, 09/09/29<sup>(d)</sup> |  | 200 | &nbsp;&nbsp; 188985 |
| Prosus NV, 4.03%, 08/03/50<sup>(d)</sup> |  | 303 | &nbsp;&nbsp; 202177 |
|  |  |  | &nbsp;&nbsp; 724163 |
| **Colombia — 0.0%** | **Colombia — 0.0%** | **Colombia — 0.0%** | **Colombia — 0.0%** |
| &nbsp;&nbsp;&nbsp; ABRA Global Finance, (6.00% Cash + 8.00% PIK), <br> 14.00%, 10/22/29<sup>(b)(j)</sup><br>|  | 168 | &nbsp;&nbsp; 153818 |
| Ecopetrol SA, 8.88%, 01/13/33 |  | 228 | &nbsp;&nbsp; 240654 |
|  |  |  | &nbsp;&nbsp; 394472 |
| **Denmark — 0.0%** | **Denmark — 0.0%** | **Denmark — 0.0%** | **Denmark — 0.0%** |
| &nbsp;&nbsp;&nbsp; SGL Group ApS, (3-mo. EURIBOR + 4.25%), 6.27%, <br> 02/24/31<sup>(a)</sup><br>| EUR | 143 | &nbsp;&nbsp; 151922 |
| **Finland**<sup>(d)</sup> **— 0.0%** | **Finland**<sup>(d)</sup> **— 0.0%** | **Finland**<sup>(d)</sup> **— 0.0%** | **Finland**<sup>(d)</sup> **— 0.0%** |
| Citycon Treasury BV, 5.38%, 07/08/31 |  | 100 | &nbsp;&nbsp; 106491 |
| Mehilainen Yhtiot OYJ, 5.13%, 06/30/32 |  | 152 | &nbsp;&nbsp; 175077 |
|  |  |  | &nbsp;&nbsp; 281568 |
| **France — 0.7%** | **France — 0.7%** | **France — 0.7%** | **France — 0.7%** |
| Atos SE, 9.73%, 12/18/29<sup>(d)(m)</sup> |  | 208 | &nbsp;&nbsp; 271097 |
| &nbsp;&nbsp;&nbsp; Bertrand Franchise Finance SAS, (3-mo. EURIBOR + <br> 3.75%), 5.78%, 07/18/30<sup>(a)(d)</sup><br>|  | 100 | &nbsp;&nbsp; 112244 |
| Clariane SE, 0.88%, 03/06/27<sup>(d)(k)</sup> |  | 247 | &nbsp;&nbsp; 168137 |
| &nbsp;&nbsp;&nbsp; Figeac Aero SA, (Acquired 07/16/25, Cost: <br> $4,095,695), 7.79%, 07/23/30<sup>(c)(f)</sup><br>|  | 3520 | &nbsp;&nbsp; 3992510 |
| Forvia SE, 5.50%, 06/15/31<sup>(d)</sup> |  | 249 | &nbsp;&nbsp; 284956 |
| FR Bondco SAS, 6.88%, 10/31/32<sup>(d)</sup> |  | 113 | &nbsp;&nbsp; 124323 |
| Goldstory SAS, 6.75%, 02/01/30<sup>(d)</sup> |  | 317 | &nbsp;&nbsp; 358205 |
| Iliad Holding SAS, 6.88%, 04/15/31<sup>(d)</sup> |  | 100 | &nbsp;&nbsp; 120415 |
| IPD 3 BV, 5.50%, 06/15/31<sup>(d)</sup> |  | 182 | &nbsp;&nbsp; 197562 |
| Loxam SAS, 6.38%, 05/31/29<sup>(d)</sup> |  | 583 | &nbsp;&nbsp; 691551 |
| Lune Holdings SARL, 5.63%, 11/15/28<sup>(d)</sup> |  | 305 | &nbsp;&nbsp; 7533 |
| New Immo Holding SA, 4.88%, 12/08/28<sup>(d)</sup> |  | 200 | &nbsp;&nbsp; 225772 |
| RCI Banque SA<sup>(a)(d)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5-year EURIBOR ICE Swap + 2.20%), 4.75%, <br> 03/24/37<br>|  | 200 | &nbsp;&nbsp; 223755 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5-year EURIBOR ICE Swap + 2.75%), 5.50%, <br> 10/09/34<br>|  | 500 | &nbsp;&nbsp; 585768 |
| &nbsp;&nbsp;&nbsp; Sabena technics SAS, (3-mo. EURIBOR + 5.00%), <br> (Acquired 10/28/22, Cost: $2,059,466), 7.13%, <br> 09/30/29<sup>(c)(f)</sup><br>|  | 2085 | &nbsp;&nbsp; 2409655 |
| &nbsp;&nbsp;&nbsp; Schneider Electric SE, Series SUFP, 1.25%, <br> 09/23/33<sup>(d)(k)</sup><br>|  | 400 | &nbsp;&nbsp; 459339 |
|  |  |  | &nbsp;&nbsp; 10232822 |
| **Germany — 0.6%** | **Germany — 0.6%** | **Germany — 0.6%** | **Germany — 0.6%** |
| alstria SARL<sup>(d)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 10/15/29 |  | 200 | &nbsp;&nbsp; 220536 |
| &nbsp;&nbsp;&nbsp; 5.50%, 03/20/31 |  | 100 | &nbsp;&nbsp; 114447 |
| &nbsp;&nbsp;&nbsp; Aroundtown Finance SARL, (5-year EURIBOR ICE <br> Swap + 3.43%), 5.25%<sup>(a)(d)(n)</sup><br>|  | 611 | &nbsp;&nbsp; 642639 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Germany (continued)** | **Germany (continued)** | **Germany (continued)** | **Germany (continued)** |
| BRANICKS Group AG, 2.25%, 09/22/26<sup>(d)</sup> | EUR | 100 | &nbsp;&nbsp; $63717 |
| &nbsp;&nbsp;&nbsp; DEMIRE Deutsche Mittelstand Real Estate AG, 5.00%, <br> 12/31/27<sup>(d)(m)</sup><br>|  | 352 | &nbsp;&nbsp; 372156 |
| &nbsp;&nbsp;&nbsp; Deutsche Lufthansa AG, (5-year EURIBOR ICE Swap <br> + 2.86%), 5.25%, 01/15/55<sup>(a)(d)</sup><br>|  | 200 | &nbsp;&nbsp; 226335 |
| Dynamo Newco II GmbH, 6.25%, 10/15/31<sup>(d)</sup> |  | 118 | &nbsp;&nbsp; 120960 |
| Gruenenthal GmbH, 4.63%, 11/15/31<sup>(d)</sup> |  | 111 | &nbsp;&nbsp; 125730 |
| &nbsp;&nbsp;&nbsp; IHO Verwaltungs GmbH, (7.00% Cash or 7.75% PIK), <br> 7.00%, 11/15/31<sup>(d)(j)</sup><br>|  | 249 | &nbsp;&nbsp; 300903 |
| &nbsp;&nbsp;&nbsp; Lanxess AG, (6-mo. EURIBOR at 0.00% Floor + 9.50% <br> and 12.00% Cash or 12.00% PIK), 12.00%, <br> 04/01/31<sup>(c)(j)</sup><br>|  | 4051 | &nbsp;&nbsp; 3798695 |
| Mahle GmbH, 6.50%, 05/02/31<sup>(d)</sup> |  | 489 | &nbsp;&nbsp; 571507 |
| &nbsp;&nbsp;&nbsp; Nidda Healthcare Holding GmbH, (3-mo. EURIBOR + <br> 3.25%), 5.23%, 10/15/32<sup>(a)(d)</sup><br>|  | 284 | &nbsp;&nbsp; 325649 |
| &nbsp;&nbsp;&nbsp; PrestigeBidCo GmbH, (3-mo. EURIBOR + 3.75%), <br> 5.77%, 07/01/29<sup>(a)(d)</sup><br>|  | 236 | &nbsp;&nbsp; 272439 |
| Schaeffler AG<sup>(d)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 04/01/28 |  | 100 | &nbsp;&nbsp; 114232 |
| &nbsp;&nbsp;&nbsp; 5.38%, 04/01/31 |  | 100 | &nbsp;&nbsp; 116854 |
| TAG Immobilien AG, 0.63%, 03/11/31<sup>(d)(k)</sup> |  | 100 | &nbsp;&nbsp; 118796 |
| TUI Cruises GmbH, 5.00%, 05/15/30<sup>(d)</sup> |  | 104 | &nbsp;&nbsp; 117015 |
| Vonovia SE, Series B, 0.88%, 05/20/32<sup>(d)(k)</sup> |  | 100 | &nbsp;&nbsp; 109475 |
| &nbsp;&nbsp;&nbsp; Wintershall Dea Finance 2 BV, (5-year EURIBOR ICE <br> Swap + 3.94%), 6.12%<sup>(a)(d)(n)</sup><br>|  | 164 | &nbsp;&nbsp; 191562 |
| ZF Europe Finance BV<sup>(d)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 7.00%, 06/12/30 |  | 200 | &nbsp;&nbsp; 235810 |
| &nbsp;&nbsp;&nbsp; 5.50%, 02/17/32 |  | 100 | &nbsp;&nbsp; 109047 |
| ZF North America Capital, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.88%, 04/14/28 | USD | 150 | &nbsp;&nbsp; 152146 |
| &nbsp;&nbsp;&nbsp; 7.13%, 04/14/30 |  | 150 | &nbsp;&nbsp; 147894 |
|  |  |  | &nbsp;&nbsp; 8568544 |
| **India — 0.5%** | **India — 0.5%** | **India — 0.5%** | **India — 0.5%** |
| &nbsp;&nbsp;&nbsp; Acropolis Trade & Investments Ltd., (11.04% PIK), <br> 11.04%, 04/02/30<sup>(c)(j)</sup><br>|  | 2472 | &nbsp;&nbsp; 2536607 |
| &nbsp;&nbsp;&nbsp; Clean Renewable Power Mauritius Pte. Ltd., 4.25%, <br> 03/25/27<sup>(d)</sup><br>|  | 147 | &nbsp;&nbsp; 143398 |
| Continuum Energy Pte. Ltd., 5.00%, 09/11/27<sup>(b)(c)</sup> |  | 887 | &nbsp;&nbsp; 883300 |
| India Cleantech Energy, 4.70%, 08/10/26<sup>(d)</sup> |  | 185 | &nbsp;&nbsp; 183985 |
| Muthoot Finance Ltd.<sup>(d)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.38%, 03/02/30 |  | 415 | &nbsp;&nbsp; 408775 |
| &nbsp;&nbsp;&nbsp; 5.75%, 08/04/30 |  | 200 | &nbsp;&nbsp; 192100 |
| ReNew Pvt Ltd., 5.88%, 03/05/27<sup>(d)</sup> |  | 200 | &nbsp;&nbsp; 197292 |
| Resurgent Trade & Investment Ltd., 9.52%, 12/01/27<sup>(c)</sup> |  | 1799 | &nbsp;&nbsp; 1792344 |
| Vedanta Resources Finance II PLC |  |  |  |
| &nbsp;&nbsp;&nbsp; 10.88%, 09/17/29<sup>(b)</sup> |  | 389 | &nbsp;&nbsp; 407283 |
| &nbsp;&nbsp;&nbsp; 10.88%, 09/17/29<sup>(d)</sup> |  | 200 | &nbsp;&nbsp; 209400 |
|  |  |  | &nbsp;&nbsp; 6954484 |
| **Indonesia**<sup>(d)</sup> **— 0.0%** | **Indonesia**<sup>(d)</sup> **— 0.0%** | **Indonesia**<sup>(d)</sup> **— 0.0%** | **Indonesia**<sup>(d)</sup> **— 0.0%** |
| Freeport Indonesia PT, 6.20%, 04/14/52 |  | 200 | &nbsp;&nbsp; 193786 |
| &nbsp;&nbsp;&nbsp; Garuda Indonesia Persero Tbk PT, (6.50% Cash or <br> 7.25% PIK), 6.50%, 12/28/31<sup>(j)</sup><br>|  | 231 | &nbsp;&nbsp; 192928 |
|  |  |  | &nbsp;&nbsp; 386714 |
| **Ireland**<sup>(d)</sup> **— 0.0%** | **Ireland**<sup>(d)</sup> **— 0.0%** | **Ireland**<sup>(d)</sup> **— 0.0%** | **Ireland**<sup>(d)</sup> **— 0.0%** |
| &nbsp;&nbsp;&nbsp; Cedacri SpA, (3-mo. EURIBOR + 4.63%), 6.61%, <br> 05/15/28<sup>(a)</sup><br>| EUR | 102 | &nbsp;&nbsp; 114198 |

---

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

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

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Ireland (continued)** | **Ireland (continued)** | **Ireland (continued)** | **Ireland (continued)** |
| Flutter Treasury DAC, 4.00%, 06/04/31 | EUR | 211 | &nbsp;&nbsp; $235400 |
| &nbsp;&nbsp;&nbsp; Virgin Media O2 Vendor Financing Notes VII DAC, <br> 7.50%, 07/15/33<br>|  | 100 | &nbsp;&nbsp; 101292 |
|  |  |  | &nbsp;&nbsp; 450890 |
| **Israel — 0.0%** | **Israel — 0.0%** | **Israel — 0.0%** | **Israel — 0.0%** |
| Energean PLC, 5.63%, 05/12/31<sup>(d)</sup> |  | 100 | &nbsp;&nbsp; 112455 |
| **Italy — 0.3%** | **Italy — 0.3%** | **Italy — 0.3%** | **Italy — 0.3%** |
| Agrifarma SpA, 4.50%, 10/31/28<sup>(b)</sup> |  | 1382 | &nbsp;&nbsp; 1583556 |
| &nbsp;&nbsp;&nbsp; Almaviva-The Italian Innovation Co. SpA, 5.00%, <br> 10/30/30<sup>(d)</sup><br>|  | 109 | &nbsp;&nbsp; 119390 |
| Bubbles Bidco SpA<sup>(d)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 09/30/31 |  | 236 | &nbsp;&nbsp; 272608 |
| &nbsp;&nbsp;&nbsp; (3-mo. EURIBOR + 4.25%), 6.38%, 09/30/31<sup>(a)</sup> |  | 131 | &nbsp;&nbsp; 151473 |
| Dolcetto Holdco SpA<sup>(d)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 07/14/32 |  | 156 | &nbsp;&nbsp; 179103 |
| &nbsp;&nbsp;&nbsp; (3-mo. EURIBOR + 3.63%), 5.78%, 07/14/32<sup>(a)</sup> |  | 100 | &nbsp;&nbsp; 115477 |
| &nbsp;&nbsp;&nbsp; Duomo Bidco SpA, (3-mo. EURIBOR + 3.25%), 5.31%, <br> 01/15/32<sup>(a)(d)</sup><br>|  | 180 | &nbsp;&nbsp; 204635 |
| &nbsp;&nbsp;&nbsp; Engineering - Ingegneria Informatica - SpA, 11.13%, <br> 05/15/28<sup>(d)</sup><br>|  | 148 | &nbsp;&nbsp; 173477 |
| Eni SpA, (5-year EUR Swap + 2.40%), 4.88%<sup>(a)(d)(n)</sup> |  | 200 | &nbsp;&nbsp; 229033 |
| Fedrigoni SpA, 6.13%, 06/15/31<sup>(d)</sup> |  | 298 | &nbsp;&nbsp; 317330 |
| Fiber Midco SpA, (10.75% PIK), 10.75%, 06/15/29<sup>(d)(j)</sup> |  | 229 | &nbsp;&nbsp; 191748 |
| Fibercop SpA, 5.13%, 06/30/32<sup>(d)</sup> |  | 100 | &nbsp;&nbsp; 114430 |
| &nbsp;&nbsp;&nbsp; FIS Fabbrica Italiana Sintetici SpA, (3-mo. EURIBOR + <br> 3.25%), 5.28%, 02/05/31<sup>(a)(d)</sup><br>|  | 100 | &nbsp;&nbsp; 113323 |
| &nbsp;&nbsp;&nbsp; Italmatch Chemicals SpA, (3-mo. EURIBOR + 4.13%), <br> 6.15%, 02/05/31<sup>(a)(d)</sup><br>|  | 100 | &nbsp;&nbsp; 111460 |
| Itelyum Regeneration SpA, 5.75%, 04/15/30<sup>(d)</sup> |  | 100 | &nbsp;&nbsp; 114012 |
| Lottomatica Group SpA<sup>(d)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 01/31/31 |  | 148 | &nbsp;&nbsp; 172417 |
| &nbsp;&nbsp;&nbsp; (3-mo. EURIBOR + 3.25%), 5.26%, 06/01/31<sup>(a)</sup> |  | 142 | &nbsp;&nbsp; 164433 |
| Pachelbel Bidco SpA<sup>(d)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 7.13%, 05/17/31 |  | 137 | &nbsp;&nbsp; 158417 |
| &nbsp;&nbsp;&nbsp; (3-mo. EURIBOR + 4.25%), 6.28%, 05/17/31<sup>(a)</sup> |  | 126 | &nbsp;&nbsp; 145026 |
| &nbsp;&nbsp;&nbsp; Rossini SARL, (3-mo. EURIBOR + 3.88%), 6.00%, <br> 12/31/29<sup>(a)(d)</sup><br>|  | 89 | &nbsp;&nbsp; 102765 |
| Telecom Italia Capital SA, 7.72%, 06/04/38 | USD | 74 | &nbsp;&nbsp; 82413 |
|  |  |  | &nbsp;&nbsp; 4816526 |
| **Japan**<sup>(d)</sup> **— 0.1%** | **Japan**<sup>(d)</sup> **— 0.1%** | **Japan**<sup>(d)</sup> **— 0.1%** | **Japan**<sup>(d)</sup> **— 0.1%** |
| Nissan Motor Co. Ltd., 5.25%, 07/17/29 | EUR | 214 | &nbsp;&nbsp; 244851 |
| SoftBank Group Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp; 3.38%, 07/06/29 |  | 100 | &nbsp;&nbsp; 108830 |
| &nbsp;&nbsp;&nbsp; 5.25%, 10/10/29 |  | 100 | &nbsp;&nbsp; 113693 |
| &nbsp;&nbsp;&nbsp; 5.88%, 07/10/31 |  | 256 | &nbsp;&nbsp; 288224 |
| &nbsp;&nbsp;&nbsp; 5.75%, 07/08/32 |  | 249 | &nbsp;&nbsp; 273045 |
| &nbsp;&nbsp;&nbsp; 6.38%, 07/10/33 |  | 228 | &nbsp;&nbsp; 252853 |
|  |  |  | &nbsp;&nbsp; 1281496 |
| **Jersey**<sup>(d)</sup> **— 0.0%** | **Jersey**<sup>(d)</sup> **— 0.0%** | **Jersey**<sup>(d)</sup> **— 0.0%** | **Jersey**<sup>(d)</sup> **— 0.0%** |
| Aston Martin Capital Holdings Ltd., 10.38%, 03/31/29 | GBP | 285 | &nbsp;&nbsp; 289483 |
| Deepocean Ltd., 6.00%, 04/08/31 | EUR | 100 | &nbsp;&nbsp; 117556 |
|  |  |  | &nbsp;&nbsp; 407039 |
| **Kuwait — 0.0%** | **Kuwait — 0.0%** | **Kuwait — 0.0%** | **Kuwait — 0.0%** |
| EQUATE Petrochemical Co. KSC, 4.25%, 11/03/26<sup>(d)</sup> | USD | 297 | &nbsp;&nbsp; 293937 |
| **Luxembourg — 0.3%** | **Luxembourg — 0.3%** | **Luxembourg — 0.3%** | **Luxembourg — 0.3%** |
| &nbsp;&nbsp;&nbsp; Adler Financing SARL, Series 1L, (8.25% PIK), 8.25%, <br> 12/31/28<sup>(j)</sup><br>| EUR | 227 | &nbsp;&nbsp; 290304 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Luxembourg (continued)** | **Luxembourg (continued)** | **Luxembourg (continued)** | **Luxembourg (continued)** |
| &nbsp;&nbsp;&nbsp; Albion Financing 1 SARL/Aggreko Holdings, Inc., <br> 5.38%, 05/21/30<sup>(d)</sup><br>| EUR | 185 | &nbsp;&nbsp; $214304 |
| &nbsp;&nbsp;&nbsp; Alexandrite Lake Lux Holdings SARL, 6.75%, <br> 07/30/30<sup>(d)</sup><br>|  | 284 | &nbsp;&nbsp; 320876 |
| Breakwater Energy Holdings SARL, 9.25%, 11/15/30<sup>(b)</sup> | USD | 250 | &nbsp;&nbsp; 262546 |
| Garfunkelux Holdco 3 SA, 9.00%, 09/01/28<sup>(d)</sup> | EUR | 439 | &nbsp;&nbsp; 509613 |
| INEOS Finance PLC<sup>(d)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.38%, 04/15/29 |  | 384 | &nbsp;&nbsp; 417865 |
| &nbsp;&nbsp;&nbsp; 7.25%, 03/31/31 |  | 186 | &nbsp;&nbsp; 195420 |
| ION Platform Finance SARL<sup>(d)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 7.88%, 05/01/29 |  | 274 | &nbsp;&nbsp; 294233 |
| &nbsp;&nbsp;&nbsp; 6.50%, 09/30/30 |  | 119 | &nbsp;&nbsp; 113995 |
| &nbsp;&nbsp;&nbsp; 6.88%, 09/30/32 |  | 100 | &nbsp;&nbsp; 92204 |
| &nbsp;&nbsp;&nbsp; Kleopatra Finco SARL, (6.00% PIK), 6.00%, <br> 01/30/31<sup>(j)</sup><br>|  | 332 | &nbsp;&nbsp; 339247 |
| Luna 25 SARL, 5.50%, 07/01/32<sup>(d)</sup> |  | 100 | &nbsp;&nbsp; 113690 |
| Maxam Prill SARL, 6.00%, 07/15/30<sup>(d)</sup> |  | 452 | &nbsp;&nbsp; 516308 |
| Summer BC Holdco B SARL<sup>(d)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 02/15/30 |  | 200 | &nbsp;&nbsp; 198844 |
| &nbsp;&nbsp;&nbsp; (3-mo. EURIBOR + 4.25%), 6.23%, 02/15/30<sup>(a)</sup> |  | 127 | &nbsp;&nbsp; 127550 |
| Vivion Investments SARL<sup>(d)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 06/08/30 |  | 302 | &nbsp;&nbsp; 326249 |
| &nbsp;&nbsp;&nbsp; (6.50% Cash and 1.75% PIK), 8.25%, 08/31/28<sup>(j)</sup> |  | 73 | &nbsp;&nbsp; 84262 |
| &nbsp;&nbsp;&nbsp; (6.50% PIK), 6.50%, 02/28/29<sup>(j)</sup> |  | 252 | &nbsp;&nbsp; 291074 |
|  |  |  | &nbsp;&nbsp; 4708584 |
| **Macau**<sup>(d)</sup> **— 0.0%** | **Macau**<sup>(d)</sup> **— 0.0%** | **Macau**<sup>(d)</sup> **— 0.0%** | **Macau**<sup>(d)</sup> **— 0.0%** |
| SJM International Ltd., 6.50%, 01/15/31 | USD | 200 | &nbsp;&nbsp; 191154 |
| Studio City Finance Ltd., 5.00%, 01/15/29 |  | 200 | &nbsp;&nbsp; 187474 |
|  |  |  | &nbsp;&nbsp; 378628 |
| **Mexico — 0.0%** | **Mexico — 0.0%** | **Mexico — 0.0%** | **Mexico — 0.0%** |
| Petroleos Mexicanos |  |  |  |
| &nbsp;&nbsp;&nbsp; 8.75%, 06/02/29 |  | 207 | &nbsp;&nbsp; 217172 |
| &nbsp;&nbsp;&nbsp; 5.95%, 01/28/31 |  | 188 | &nbsp;&nbsp; 179812 |
|  |  |  | &nbsp;&nbsp; 396984 |
| **Morocco — 0.0%** | **Morocco — 0.0%** | **Morocco — 0.0%** | **Morocco — 0.0%** |
| OCP SA, 7.50%, 05/02/54<sup>(b)</sup> |  | 317 | &nbsp;&nbsp; 332316 |
| **Netherlands — 0.1%** | **Netherlands — 0.1%** | **Netherlands — 0.1%** | **Netherlands — 0.1%** |
| Boels Topholding BV, 5.75%, 05/15/30<sup>(d)</sup> | EUR | 328 | &nbsp;&nbsp; 380908 |
| VZ Secured Financing BV |  |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/15/32<sup>(b)</sup> | USD | 200 | &nbsp;&nbsp; 171439 |
| &nbsp;&nbsp;&nbsp; 5.25%, 01/15/33<sup>(d)</sup> | EUR | 341 | &nbsp;&nbsp; 363367 |
| Ziggo Bond Co. BV, 5.13%, 02/28/30<sup>(b)</sup> | USD | 602 | &nbsp;&nbsp; 516567 |
|  |  |  | &nbsp;&nbsp; 1432281 |
| **Panama — 0.0%** | **Panama — 0.0%** | **Panama — 0.0%** | **Panama — 0.0%** |
| &nbsp;&nbsp;&nbsp; AES Panama Generation Holdings SRL, 4.38%, <br> 05/31/30<sup>(d)</sup><br>|  | 237 | &nbsp;&nbsp; 219980 |
| **Peru**<sup>(b)</sup> **— 0.0%** | **Peru**<sup>(b)</sup> **— 0.0%** | **Peru**<sup>(b)</sup> **— 0.0%** | **Peru**<sup>(b)</sup> **— 0.0%** |
| Marcobre SAC, 5.75%, 01/22/36 |  | 200 | &nbsp;&nbsp; 193680 |
| &nbsp;&nbsp;&nbsp; Pluspetrol Camisea SA/Pluspetrol Lote 56 SA, 6.24%, <br> 07/03/36<br>|  | 155 | &nbsp;&nbsp; 160619 |
| Volcan Cia Minera SAA, 8.50%, 10/28/32 |  | 99 | &nbsp;&nbsp; 100722 |
|  |  |  | &nbsp;&nbsp; 455021 |
| **Philippines — 0.0%** | **Philippines — 0.0%** | **Philippines — 0.0%** | **Philippines — 0.0%** |
| &nbsp;&nbsp;&nbsp; San Miguel Global Power Holdings Corp., (5-year CMT <br> + 7.12%), 8.38%<sup>(a)(d)(n)</sup><br>|  | 200 | &nbsp;&nbsp; 195844 |
| **Singapore — 0.0%** | **Singapore — 0.0%** | **Singapore — 0.0%** | **Singapore — 0.0%** |
| GLP Pte. Ltd., 9.75%, 05/20/28<sup>(d)</sup> |  | 200 | &nbsp;&nbsp; 163500 |

---

Consolidated Schedule of Investments

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

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

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Slovenia — 0.0%** | **Slovenia — 0.0%** | **Slovenia — 0.0%** | **Slovenia — 0.0%** |
| United Group BV, 6.50%, 10/31/31<sup>(d)</sup> | EUR | 102 | &nbsp;&nbsp; $116136 |
| **South Africa — 0.0%** | **South Africa — 0.0%** | **South Africa — 0.0%** | **South Africa — 0.0%** |
| Sasol Financing USA LLC, 6.50%, 09/27/28 | USD | 200 | &nbsp;&nbsp; 201814 |
| Stillwater Mining Co., 4.50%, 11/16/29<sup>(b)</sup> |  | 200 | &nbsp;&nbsp; 188278 |
|  |  |  | &nbsp;&nbsp; 390092 |
| **Spain**<sup>(d)</sup> **— 0.1%** | **Spain**<sup>(d)</sup> **— 0.1%** | **Spain**<sup>(d)</sup> **— 0.1%** | **Spain**<sup>(d)</sup> **— 0.1%** |
| Cirsa Finance International SARL |  |  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 03/15/29 | EUR | 200 | &nbsp;&nbsp; 235229 |
| &nbsp;&nbsp;&nbsp; 4.88%, 10/15/31 |  | 100 | &nbsp;&nbsp; 113788 |
| &nbsp;&nbsp;&nbsp; (3-mo. EURIBOR + 3.00%), 5.15%, 10/15/32<sup>(a)</sup> |  | 100 | &nbsp;&nbsp; 115046 |
| Grifols SA, 7.50%, 05/01/30 |  | 100 | &nbsp;&nbsp; 119549 |
| Iberdrola Finanzas SA, Series IBE, 1.50%, 03/27/30<sup>(k)</sup> |  | 100 | &nbsp;&nbsp; 133577 |
|  |  |  | &nbsp;&nbsp; 717189 |
| **Sweden — 0.1%** | **Sweden — 0.1%** | **Sweden — 0.1%** | **Sweden — 0.1%** |
| Heimstaden AB, 7.36%, 01/24/31<sup>(d)</sup> |  | 107 | &nbsp;&nbsp; 120629 |
| &nbsp;&nbsp;&nbsp; Intrum Investments And Financing AB, 8.00%, <br> 09/11/27<sup>(d)</sup><br>|  | 210 | &nbsp;&nbsp; 241837 |
| Verisure Holding AB, 7.13%, 02/01/28<sup>(b)</sup> |  | 237 | &nbsp;&nbsp; 278575 |
| Verisure Midholding AB, 5.25%, 02/15/29<sup>(d)</sup> |  | 300 | &nbsp;&nbsp; 345256 |
|  |  |  | &nbsp;&nbsp; 986297 |
| **Switzerland**<sup>(d)</sup> **— 0.1%** | **Switzerland**<sup>(d)</sup> **— 0.1%** | **Switzerland**<sup>(d)</sup> **— 0.1%** | **Switzerland**<sup>(d)</sup> **— 0.1%** |
| &nbsp;&nbsp;&nbsp; Allwyn Entertainment Financing U.K. PLC, 4.63%, <br> 08/15/31<br>|  | 174 | &nbsp;&nbsp; 192754 |
| gategroup Finance Luxembourg SA, 3.00%, 02/28/27 | CHF | 255 | &nbsp;&nbsp; 320080 |
|  |  |  | &nbsp;&nbsp; 512834 |
| **Thailand**<sup>(d)</sup> **— 0.0%** | **Thailand**<sup>(d)</sup> **— 0.0%** | **Thailand**<sup>(d)</sup> **— 0.0%** | **Thailand**<sup>(d)</sup> **— 0.0%** |
| Muangthai Capital PCL |  |  |  |
| &nbsp;&nbsp;&nbsp; 6.88%, 09/30/28 | USD | 200 | &nbsp;&nbsp; 197844 |
| &nbsp;&nbsp;&nbsp; 7.55%, 07/21/30 |  | 250 | &nbsp;&nbsp; 247500 |
|  |  |  | &nbsp;&nbsp; 445344 |
| **Turkey — 0.0%** | **Turkey — 0.0%** | **Turkey — 0.0%** | **Turkey — 0.0%** |
| Turkcell Iletisim Hizmetleri A/S, 7.65%, 01/24/32<sup>(b)</sup> |  | 200 | &nbsp;&nbsp; 203252 |
| **Ukraine**<sup>(j)</sup> **— 0.0%** | **Ukraine**<sup>(j)</sup> **— 0.0%** | **Ukraine**<sup>(j)</sup> **— 0.0%** | **Ukraine**<sup>(j)</sup> **— 0.0%** |
| NAK Naftogaz Ukraine via Kondor Finance PLC |  |  |  |
| &nbsp;&nbsp;&nbsp; (7.13% PIK), 7.13%, 07/19/26<sup>(d)</sup> | EUR | 232 | &nbsp;&nbsp; 220556 |
| &nbsp;&nbsp;&nbsp; (7.63% PIK), 7.63%, 11/08/28<sup>(b)</sup> | USD | 270 | &nbsp;&nbsp; 210371 |
|  |  |  | &nbsp;&nbsp; 430927 |
| **United Kingdom — 0.7%** | **United Kingdom — 0.7%** | **United Kingdom — 0.7%** | **United Kingdom — 0.7%** |
| &nbsp;&nbsp;&nbsp; 10X Future Technologies Service Ltd., (Acquired <br> 12/19/23, Cost: $1,735,609), 06/19/26<sup>(c)(f)(j)(o)</sup><br>| GBP | 1355 | &nbsp;&nbsp; 1255518 |
| Amber Finco PLC, 6.63%, 07/15/29<sup>(d)</sup> | EUR | 100 | &nbsp;&nbsp; 118611 |
| Ardonagh Finco Ltd., 6.88%, 02/15/31<sup>(d)</sup> |  | 625 | &nbsp;&nbsp; 717423 |
| Avianca Midco 2 PLC, 9.00%, 12/01/28<sup>(d)</sup> | USD | 41 | &nbsp;&nbsp; 39538 |
| BCP V Modular Services Finance II PLC |  |  |  |
| &nbsp;&nbsp;&nbsp; 6.13%, 11/30/28<sup>(b)</sup> | GBP | 255 | &nbsp;&nbsp; 315537 |
| &nbsp;&nbsp;&nbsp; 6.50%, 07/10/31<sup>(d)</sup> | EUR | 382 | &nbsp;&nbsp; 375156 |
| &nbsp;&nbsp;&nbsp; BCP V Modular Services Finance PLC, 6.75%, <br> 11/30/29<sup>(b)</sup><br>|  | 200 | &nbsp;&nbsp; 158079 |
| Bellis Acquisition Co. PLC, 8.00%, 07/01/31<sup>(d)</sup> |  | 238 | &nbsp;&nbsp; 259187 |
| Biffa Group Holdings Ltd.<sup>(d)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 06/15/31 |  | 114 | &nbsp;&nbsp; 127469 |
| &nbsp;&nbsp;&nbsp; 7.38%, 06/15/31 | GBP | 200 | &nbsp;&nbsp; 258497 |
| &nbsp;&nbsp;&nbsp; Bracken MidCo1 PLC, (6.75% Cash or 7.50% PIK), <br> 6.75%, 11/01/27<sup>(d)(j)</sup><br>|  | 119 | &nbsp;&nbsp; 155465 |
| &nbsp;&nbsp;&nbsp; California Buyer Ltd./Atlantica Sustainable <br> Infrastructure PLC, 5.63%, 02/15/32<sup>(d)</sup><br>| EUR | 196 | &nbsp;&nbsp; 218986 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **United Kingdom (continued)** | **United Kingdom (continued)** | **United Kingdom (continued)** | **United Kingdom (continued)** |
| CD&R Firefly Bidco PLC, 8.63%, 04/30/29<sup>(d)</sup> | GBP | 100 | &nbsp;&nbsp; $134560 |
| ContourGlobal Power Holdings SA, 5.00%, 02/28/30<sup>(d)</sup> | EUR | 162 | &nbsp;&nbsp; 187238 |
| &nbsp;&nbsp;&nbsp; Deuce Finco PLC, (3-mo. EURIBOR + 3.50%), 5.65%, <br> 11/20/32<sup>(a)(d)</sup><br>|  | 126 | &nbsp;&nbsp; 145283 |
| Edge Finco PLC, 8.13%, 08/15/31<sup>(d)</sup> | GBP | 495 | &nbsp;&nbsp; 675847 |
| Entain PLC, 4.88%, 11/30/31<sup>(d)</sup> | EUR | 100 | &nbsp;&nbsp; 113460 |
| Froneri Lux FinCo SARL, 4.75%, 08/01/32<sup>(d)</sup> |  | 300 | &nbsp;&nbsp; 327554 |
| Heathrow Finance PLC, 6.63%, 03/01/31<sup>(d)</sup> | GBP | 298 | &nbsp;&nbsp; 391183 |
| INEOS Quattro Finance 2 PLC, 8.50%, 03/15/29<sup>(d)</sup> | EUR | 174 | &nbsp;&nbsp; 166155 |
| Ithaca Energy North Sea PLC, 8.13%, 10/15/29<sup>(b)</sup> | USD | 200 | &nbsp;&nbsp; 205079 |
| Mobico Group PLC, 4.88%, 09/26/31<sup>(d)</sup> | EUR | 302 | &nbsp;&nbsp; 270221 |
| Motion Finco SARL, 7.38%, 06/15/30<sup>(d)</sup> |  | 101 | &nbsp;&nbsp; 100814 |
| Ocado Group PLC, 11.00%, 06/15/30<sup>(d)</sup> | GBP | 146 | &nbsp;&nbsp; 192675 |
| OEG Finance PLC, 7.25%, 09/27/29<sup>(d)</sup> | EUR | 271 | &nbsp;&nbsp; 322628 |
| Stonegate Pub Co. Financing PLC<sup>(d)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 10.75%, 07/31/29 | GBP | 138 | &nbsp;&nbsp; 180849 |
| &nbsp;&nbsp;&nbsp; (3-mo. EURIBOR + 6.63%), 8.62%, 07/31/29<sup>(a)</sup> | EUR | 123 | &nbsp;&nbsp; 139073 |
| &nbsp;&nbsp;&nbsp; Thames Water Utilities Finance PLC, 4.00%, <br> 06/19/27<sup>(d)</sup><br>| GBP | 770 | &nbsp;&nbsp; 689804 |
| Vmed O2 U.K. Financing I PLC<sup>(d)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 01/31/29 |  | 100 | &nbsp;&nbsp; 123826 |
| &nbsp;&nbsp;&nbsp; 5.63%, 04/15/32 | EUR | 824 | &nbsp;&nbsp; 872487 |
| Zegona Finance PLC, 6.75%, 07/15/29<sup>(d)</sup> |  | 350 | &nbsp;&nbsp; 419849 |
|  |  |  | &nbsp;&nbsp; 9658051 |
| **United States — 6.2%** | **United States — 6.2%** | **United States — 6.2%** | **United States — 6.2%** |
| Alexander Funding Trust II, 7.47%, 07/31/28<sup>(b)</sup> | USD | 130 | &nbsp;&nbsp; 136882 |
| AMC Networks, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 02/15/29 |  | 1617 | &nbsp;&nbsp; 1362294 |
| &nbsp;&nbsp;&nbsp; 4.25%, 02/15/29<sup>(k)</sup> |  | 655 | &nbsp;&nbsp; 580494 |
| &nbsp;&nbsp;&nbsp; American Airlines Trust, Series 2025-1, Class B, <br> 5.65%, 05/11/36<br>|  | 579 | &nbsp;&nbsp; 581532 |
| Ardagh Group SA |  |  |  |
| &nbsp;&nbsp;&nbsp; 9.50%, 12/01/30<sup>(d)</sup> |  | 304 | &nbsp;&nbsp; 319006 |
| &nbsp;&nbsp;&nbsp; (4.50% Cash + 7.50% PIK), 12.00%, 12/01/30<sup>(d)(j)</sup> | EUR | 414 | &nbsp;&nbsp; 392890 |
| &nbsp;&nbsp;&nbsp; (5.50% Cash + 6.50% PIK), 12.00%, 12/01/30<sup>(b)(j)</sup> | USD | 3418 | &nbsp;&nbsp; 2872380 |
| Bausch & Lomb Corp., 8.38%, 10/01/28<sup>(b)</sup> |  | 40 | &nbsp;&nbsp; 41300 |
| &nbsp;&nbsp;&nbsp; Bausch & Lomb Netherlands BV & Bausch & Lomb, <br> Inc., (3-mo. EURIBOR + 3.88%), 5.89%, <br> 01/15/31<sup>(a)(d)</sup><br>| EUR | 100 | &nbsp;&nbsp; 115588 |
| &nbsp;&nbsp;&nbsp; BCPE Flavor Debt Merger Sub LLC and BCPE Flavor <br> Issuer, Inc., 9.50%, 07/01/32<sup>(b)</sup><br>| USD | 79 | &nbsp;&nbsp; 71639 |
| Beach Acquisition Bidco LLC, 5.25%, 07/15/32<sup>(d)</sup> | EUR | 128 | &nbsp;&nbsp; 141897 |
| Beignet Investor LLC, 6.58%, 05/30/49<sup>(b)</sup> | USD | 3027 | &nbsp;&nbsp; 3112229 |
| &nbsp;&nbsp;&nbsp; Breeze Aviation Group, Inc., (20.00% PIK), (Acquired <br> 01/26/24, Cost: $2,767,377), 20.00%, <br> 01/30/28<sup>(c)(f)(j)</sup><br>|  | 2767 | &nbsp;&nbsp; 2760459 |
| Centene Corp., 4.25%, 12/15/27 |  | 1085 | &nbsp;&nbsp; 1065811 |
| Cloud Software Group, Inc., 8.25%, 06/30/32<sup>(b)</sup> |  | 159 | &nbsp;&nbsp; 150801 |
| Core Scientific, Inc., 0.00%, 06/15/31<sup>(b)(k)(p)</sup> |  | 281 | &nbsp;&nbsp; 306993 |
| CSC Holdings LLC<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 04/15/27 |  | 2040 | &nbsp;&nbsp; 1769484 |
| &nbsp;&nbsp;&nbsp; 11.25%, 05/15/28 |  | 448 | &nbsp;&nbsp; 366081 |
| &nbsp;&nbsp;&nbsp; 11.75%, 01/31/29 |  | 985 | &nbsp;&nbsp; 712298 |
| Darling Global Finance BV, 4.50%, 07/15/32<sup>(d)</sup> | EUR | 196 | &nbsp;&nbsp; 225428 |
| Discovery Global Holdings, Inc., 3.76%, 03/15/27 | USD | 2631 | &nbsp;&nbsp; 2598744 |
| DISH Network Corp., 3.38%, 08/15/26<sup>(k)</sup> |  | 174 | &nbsp;&nbsp; 167736 |
| EchoStar Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp; (6.75% Cash or 6.75% PIK), 6.75%, 11/30/30<sup>(j)</sup> |  | 35 | &nbsp;&nbsp; 35342 |
| &nbsp;&nbsp;&nbsp; 10.75%, 11/30/29 |  | 35 | &nbsp;&nbsp; 37809 |

---

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

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

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **United States (continued)** | **United States (continued)** | **United States (continued)** | **United States (continued)** |
| &nbsp;&nbsp;&nbsp; First Citizens BancShares, Inc., (5-year CMT + 1.97%), <br> 6.25%, 03/12/40<sup>(a)</sup><br>| USD | 1202 | &nbsp;&nbsp; $1175320 |
| &nbsp;&nbsp;&nbsp; Flyr Secured Notes, (1-mo. CME Term SOFR at 0.50% <br> Floor + 5.00%, 9.44% Cash and 3.75% PIK), <br> 10.00%, 01/20/27<sup>(c)(j)</sup><br>|  | 1194 | &nbsp;&nbsp; 72605 |
| Ford Motor Credit Co. LLC |  |  |  |
| &nbsp;&nbsp;&nbsp; 6.95%, 06/10/26 |  | 1001 | &nbsp;&nbsp; 1003357 |
| &nbsp;&nbsp;&nbsp; 4.54%, 08/01/26 |  | 399 | &nbsp;&nbsp; 398441 |
| &nbsp;&nbsp;&nbsp; 5.13%, 11/05/26 |  | 806 | &nbsp;&nbsp; 807665 |
| &nbsp;&nbsp;&nbsp; 4.27%, 01/09/27 |  | 807 | &nbsp;&nbsp; 803312 |
| Forestar Group, Inc., 5.00%, 03/01/28<sup>(b)</sup> |  | 1950 | &nbsp;&nbsp; 1929065 |
| Frontier Communications Holdings LLC<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 05/01/29 |  | 660 | &nbsp;&nbsp; 660826 |
| &nbsp;&nbsp;&nbsp; 6.00%, 01/15/30 |  | 75 | &nbsp;&nbsp; 75449 |
| &nbsp;&nbsp;&nbsp; 8.75%, 05/15/30 |  | 1250 | &nbsp;&nbsp; 1282607 |
| Frontier Florida LLC, Series E, 6.86%, 02/01/28 |  | 845 | &nbsp;&nbsp; 872826 |
| GoTo Group, Inc., 5.50%, 05/01/28<sup>(b)</sup> |  | 1003 | &nbsp;&nbsp; 443294 |
| Granite Ridge Resources, Inc., 8.88%, 11/05/29<sup>(b)</sup> |  | 6280 | &nbsp;&nbsp; 6134381 |
| GS Finance Corp.<sup>(a)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.11%, 02/17/31 |  | 507 | &nbsp;&nbsp; 492449 |
| &nbsp;&nbsp;&nbsp; 7.35%, 02/17/31 |  | 1052 | &nbsp;&nbsp; 1023856 |
| &nbsp;&nbsp;&nbsp; ION Platform Finance U.S., Inc./ION Platform Finance <br> SARL, 5.75%, 05/15/28<sup>(b)</sup><br>|  | 400 | &nbsp;&nbsp; 379542 |
| Iron Mountain, Inc., 4.75%, 01/15/34<sup>(d)</sup> | EUR | 284 | &nbsp;&nbsp; 305453 |
| &nbsp;&nbsp;&nbsp; JetBlue Pass-Through Trust, Series 2019-1, Class AA, <br> 2.75%, 11/15/33<br>| USD | 316 | &nbsp;&nbsp; 280589 |
| &nbsp;&nbsp;&nbsp; King U.S. Bidco, Inc., (3-mo. EURIBOR + 3.25%), <br> 5.31%, 12/01/32<sup>(a)(d)</sup><br>| EUR | 179 | &nbsp;&nbsp; 205883 |
| Kronos International, Inc., 9.50%, 03/15/29<sup>(d)</sup> |  | 200 | &nbsp;&nbsp; 198596 |
| Lessen Holdings, Inc., 12.18%, 01/05/28<sup>(b)(c)</sup> | USD | 2041 | &nbsp;&nbsp; 1533211 |
| Level 3 Financing, Inc., 8.50%, 01/15/36<sup>(b)</sup> |  | 772 | &nbsp;&nbsp; 805514 |
| MKS, Inc., 4.25%, 02/15/34<sup>(d)</sup> | EUR | 378 | &nbsp;&nbsp; 417428 |
| &nbsp;&nbsp;&nbsp; MPT Operating Partnership LP/MPT Finance Corp., <br> 7.00%, 02/15/32<sup>(d)</sup><br>|  | 209 | &nbsp;&nbsp; 237735 |
| NCR Atleos Corp., 9.50%, 04/01/29<sup>(b)</sup> | USD | 430 | &nbsp;&nbsp; 460290 |
| OAK-Eagle Acquireco, Inc., 07/01/33<sup>(d)(o)</sup> | EUR | 356 | &nbsp;&nbsp; 420291 |
| Olympus Water U.S. Holding Corp., 6.13%, 02/15/33<sup>(d)</sup> |  | 224 | &nbsp;&nbsp; 248866 |
| &nbsp;&nbsp;&nbsp; Pioneer Midco LLC, (10.50% Cash or 11.63% PIK), <br> 10.50%, 11/18/30<sup>(b)(c)(j)</sup><br>| USD | 5527 | &nbsp;&nbsp; 5520124 |
| Pitney Bowes, Inc., 6.88%, 03/15/27<sup>(b)</sup> |  | 1822 | &nbsp;&nbsp; 1819595 |
| &nbsp;&nbsp;&nbsp; PRA Group Europe Holding II SARL, 6.25%, <br> 09/30/32<sup>(d)</sup><br>| EUR | 100 | &nbsp;&nbsp; 109320 |
| &nbsp;&nbsp;&nbsp; Resort Communities LoanCo LP, (13.00% PIK), <br> 13.00%, 11/21/28<sup>(b)(c)(j)</sup><br>| USD | 10343 | &nbsp;&nbsp; 10181321 |
| RingCentral, Inc., 8.50%, 08/15/30<sup>(b)</sup> |  | 1430 | &nbsp;&nbsp; 1496036 |
| Sabre Financial Borrower LLC, 11.13%, 06/15/29<sup>(b)</sup> |  | 595 | &nbsp;&nbsp; 608877 |
| Sabre GLBL, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 10.75%, 11/15/29 |  | 506 | &nbsp;&nbsp; 432248 |
| &nbsp;&nbsp;&nbsp; 10.75%, 03/15/30 |  | 635 | &nbsp;&nbsp; 533715 |
| Seagate Data Storage Technology Pte. Ltd.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 8.25%, 12/15/29 |  | 639 | &nbsp;&nbsp; 671070 |
| &nbsp;&nbsp;&nbsp; 5.88%, 07/15/30 |  | 55 | &nbsp;&nbsp; 55904 |
| &nbsp;&nbsp;&nbsp; 8.50%, 07/15/31 |  | 326 | &nbsp;&nbsp; 341793 |
| &nbsp;&nbsp;&nbsp; 9.63%, 12/01/32 |  | 550 | &nbsp;&nbsp; 611274 |
| Service Properties Trust, 0.00%, 09/30/28<sup>(b)(p)</sup> |  | 1185 | &nbsp;&nbsp; 1078107 |
| &nbsp;&nbsp;&nbsp; Shift4 Payments LLC/Shift4 Payments Finance Sub, <br> Inc., 5.50%, 05/15/33<sup>(d)</sup><br>| EUR | 300 | &nbsp;&nbsp; 326906 |
| &nbsp;&nbsp;&nbsp; Six Flags Entertainment Corp/Canada's Wonderland <br> Co/Millennium Operations LLC, 8.63%, 01/15/32<sup>(b)</sup><br>| USD | 235 | &nbsp;&nbsp; 235379 |
| SM Energy Co., 5.00%, 10/15/26<sup>(b)</sup> |  | 812 | &nbsp;&nbsp; 810676 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **United States (continued)** | **United States (continued)** | **United States (continued)** | **United States (continued)** |
| Solaris Energy Infrastructure, Inc.<sup>(k)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 05/01/30 | USD | 1454 | &nbsp;&nbsp; $3450342 |
| &nbsp;&nbsp;&nbsp; 0.25%, 10/01/31 |  | 3782 | &nbsp;&nbsp; 4722772 |
| &nbsp;&nbsp;&nbsp; Sonder Holdings, Inc., (7.00% PIK), 7.00%, <br> 12/10/27<sup>(c)(e)(j)(l)</sup><br>|  | 10938 | &nbsp;&nbsp; 1 |
| Spirit Airlines Pass-Through Trust |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2015-1A, Class A, 4.10%, 10/01/29 |  | 45 | &nbsp;&nbsp; 43973 |
| &nbsp;&nbsp;&nbsp; Series 2015-1A, Class A, 3.65%, 08/15/31<sup>(e)(l)</sup> |  | 1341 | &nbsp;&nbsp; 1225031 |
| &nbsp;&nbsp;&nbsp; Series 2017-1AA, Class AA, 3.38%, 08/15/31 |  | 511 | &nbsp;&nbsp; 477562 |
| Starz Capital Holdings 1, Inc., 6.00%, 04/15/30<sup>(b)</sup> |  | 2575 | &nbsp;&nbsp; 2362562 |
| Starz Capital Holdings LLC, 5.50%, 04/15/29<sup>(b)</sup> |  | 112 | &nbsp;&nbsp; 91280 |
| Stem, Inc., 0.50%, 12/01/28<sup>(b)(k)</sup> |  | 200 | &nbsp;&nbsp; 81887 |
| Talen Energy Supply LLC, 8.63%, 06/01/30<sup>(b)</sup> |  | 240 | &nbsp;&nbsp; 251778 |
| Texas Capital Bancshares, Inc.<sup>(a)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; (1-day SOFR + 1.94%), 5.30%, 02/27/32 |  | 456 | &nbsp;&nbsp; 449596 |
| &nbsp;&nbsp;&nbsp; (5-year CMT + 3.15%), 4.00%, 05/06/31 |  | 794 | &nbsp;&nbsp; 792688 |
| &nbsp;&nbsp;&nbsp; United Airlines Pass-Through Trust, Series 2019-2, <br> Class A, 2.90%, 11/01/29<br>|  | 211 | &nbsp;&nbsp; 202201 |
| Venture Global LNG, Inc., 8.13%, 06/01/28<sup>(b)</sup> |  | 45 | &nbsp;&nbsp; 46022 |
| Westbay, 11.00%, 02/06/30<sup>(c)</sup> |  | 9314 | &nbsp;&nbsp; 9197575 |
| Windstream Services LLC, 7.50%, 10/15/33<sup>(b)</sup> |  | 65 | &nbsp;&nbsp; 67577 |
| Wolfspeed, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 2.50%, 06/15/31<sup>(k)</sup> |  | 12 | &nbsp;&nbsp; 17115 |
| &nbsp;&nbsp;&nbsp; 2.50%, 06/15/31<sup>(b)(k)</sup> |  | 5 | &nbsp;&nbsp; 7131 |
| &nbsp;&nbsp;&nbsp; (7.00% Cash or 12.00% PIK), 7.00%, 06/15/31<sup>(j)</sup> |  | 13 | &nbsp;&nbsp; 10651 |
| Xerox Corp.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 10.25%, 10/15/30 |  | 1625 | &nbsp;&nbsp; 1218750 |
| &nbsp;&nbsp;&nbsp; 13.50%, 04/15/31 |  | 113 | &nbsp;&nbsp; 55653 |
|  |  |  | &nbsp;&nbsp; 92198460 |
| **Vietnam — 0.0%** | **Vietnam — 0.0%** | **Vietnam — 0.0%** | **Vietnam — 0.0%** |
| Mong Duong Finance Holdings BV, 5.13%, 05/07/29<sup>(d)</sup> |  | 145 | &nbsp;&nbsp; 142355 |
| **Total Corporate Bonds — 11.4%** <br>**(Cost: $182,761,198)** | **Total Corporate Bonds — 11.4%** <br>**(Cost: $182,761,198)** | **Total Corporate Bonds — 11.4%** <br>**(Cost: $182,761,198)** | &nbsp;&nbsp; 170576362 |
| **Fixed Rate Loan Interests** | **Fixed Rate Loan Interests** | **Fixed Rate Loan Interests** | **Fixed Rate Loan Interests** |
| **United States — 0.6%** | **United States — 0.6%** | **United States — 0.6%** | **United States — 0.6%** |
| AMF MF Portfolio, Term Loan, 7.89%, 11/01/28<sup>(c)</sup> |  | 1986 | &nbsp;&nbsp; 2062804 |
| CML ST Regis Aspen, Term Loan, 7.27%, 02/09/27<sup>(c)</sup> |  | 6479 | &nbsp;&nbsp; 6519002 |
| &nbsp;&nbsp;&nbsp; Redstone Holdco 2 LP, 2026 PIK Fixed Third Out Term <br> Loan B1, 12.00%, 12/31/30<sup>(j)</sup><br>|  | 149 | &nbsp;&nbsp; 49600 |
| **Total Fixed Rate Loan Interests — 0.6%** <br>**(Cost: $8,492,753)** | **Total Fixed Rate Loan Interests — 0.6%** <br>**(Cost: $8,492,753)** | **Total Fixed Rate Loan Interests — 0.6%** <br>**(Cost: $8,492,753)** | &nbsp;&nbsp; 8631406 |
| **Floating Rate Loan Interests**<sup>(a)</sup> | **Floating Rate Loan Interests**<sup>(a)</sup> | **Floating Rate Loan Interests**<sup>(a)</sup> | **Floating Rate Loan Interests**<sup>(a)</sup> |
| **France — 0.1%** | **France — 0.1%** | **France — 0.1%** | **France — 0.1%** |
| &nbsp;&nbsp;&nbsp; Kersia International SAS, 2026 EUR Term Loan, (3-mo. <br> EURIBOR at 0.00% Floor + 3.50%), 5.63%, <br> 12/18/30<br>| EUR | 1000 | &nbsp;&nbsp; 1142269 |
| **Germany — 0.2%** | **Germany — 0.2%** | **Germany — 0.2%** | **Germany — 0.2%** |
| &nbsp;&nbsp;&nbsp; Aviv Group GmbH, 2026 EUR Term Loan B, (3-mo. <br> EURIBOR at 0.00% Floor + 3.50%), 6.10%, <br> 04/23/32<br>|  | 288 | &nbsp;&nbsp; 313537 |

---

Consolidated Schedule of Investments

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

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

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Germany (continued)** | **Germany (continued)** | **Germany (continued)** | **Germany (continued)** |
| &nbsp;&nbsp;&nbsp; Nidda Healthcare Holding AG, 2025 EUR Repriced <br> Term Loan B, (3-mo. EURIBOR at 0.00% Floor + <br> 3.50%), 5.52%, 12/09/32<br>| EUR | 1439 | &nbsp;&nbsp; $1658533 |
| &nbsp;&nbsp;&nbsp; Node AcquiCo GmbH, EUR Term Loan, (1-mo. <br> EURIBOR at 0.00% Floor + 3.50%), 5.46%, <br> 12/08/32<br>|  | 1000 | &nbsp;&nbsp; 1149516 |
|  |  |  | &nbsp;&nbsp; 3121586 |
| **Ireland — 0.0%** | **Ireland — 0.0%** | **Ireland — 0.0%** | **Ireland — 0.0%** |
| &nbsp;&nbsp;&nbsp; Promontoria Beech Designated Activity Co., EUR Term <br> Loan, (1-mo. EURIBOR + 3.75%), 5.69%, <br> 05/17/27<sup>(c)</sup><br>|  | 691 | &nbsp;&nbsp; 798620 |
| **Jersey**<sup>(c)</sup> **— 0.5%** | **Jersey**<sup>(c)</sup> **— 0.5%** | **Jersey**<sup>(c)</sup> **— 0.5%** | **Jersey**<sup>(c)</sup> **— 0.5%** |
| Vita Global FinCo Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; EUR Term Loan B, (6-mo. EURIBOR at 0.00% Floor <br> + 8.00%), 10.17%, 06/08/29<br>|  | 5361 | &nbsp;&nbsp; 4733142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; GBP Incremental Term Loan, (6-mo. SONIA + <br> 8.00%), 11.73%, 06/08/29<br>| GBP | 3339 | &nbsp;&nbsp; 3237339 |
|  |  |  | &nbsp;&nbsp; 7970481 |
| **Luxembourg — 0.7%** | **Luxembourg — 0.7%** | **Luxembourg — 0.7%** | **Luxembourg — 0.7%** |
| &nbsp;&nbsp;&nbsp; Al Mansart (Luxembourg) Bidco SCS, Term Loan B, <br> (6-mo. CME Term SOFR + 5.25%), 8.99%, <br> 06/23/28<sup>(c)</sup><br>| USD | 510 | &nbsp;&nbsp; 508192 |
| &nbsp;&nbsp;&nbsp; Cobham Ultra SeniorCo SARL, EUR Term Loan B, <br> 08/06/29<sup>(q)</sup><br>| EUR | 1000 | &nbsp;&nbsp; 1150799 |
| &nbsp;&nbsp;&nbsp; Garfunkelux Holdco 3 SA, EUR Term Loan, (3-mo. <br> EURIBOR at 0.00% Floor + 4.75%), 6.88%, <br> 08/01/28<br>|  | 3515 | &nbsp;&nbsp; 3913830 |
| &nbsp;&nbsp;&nbsp; INEOS Finance PLC, 2024 EUR 1st Lien Term Loan B, <br> (1-mo. EURIBOR at 0.00% Floor + 3.50%), 5.39%, <br> 06/23/31<br>|  | 1000 | &nbsp;&nbsp; 1024372 |
| &nbsp;&nbsp;&nbsp; Speed Midco 3 SARL, 2025 EUR Term Loan, (6-mo. <br> EURIBOR at 0.00% Floor + 2.75%), 4.85%, <br> 10/07/32<br>|  | 1000 | &nbsp;&nbsp; 1117661 |
| &nbsp;&nbsp;&nbsp; Tackle SARL, 2025 EUR Repriced Term Loan B2, (1-<br> mo. EURIBOR at 0.00% Floor + 3.25%), 5.14%, <br> 05/22/28<br>|  | 1226 | &nbsp;&nbsp; 1413779 |
| &nbsp;&nbsp;&nbsp; Traviata BV, 2025 EUR PIK Term Loan, (1-mo. <br> EURIBOR at 0.00% Floor + 8.00%), 9.96%, <br> 04/22/33<sup>(c)(j)</sup><br>|  | 1098 | &nbsp;&nbsp; 1048520 |
|  |  |  | &nbsp;&nbsp; 10177153 |
| **Netherlands — 0.1%** | **Netherlands — 0.1%** | **Netherlands — 0.1%** | **Netherlands — 0.1%** |
| &nbsp;&nbsp;&nbsp; Median BV, 2026 EUR Term Loan B, (3-mo. EURIBOR <br> at 0.00% Floor + 5.25%), 7.39%, 10/14/30<br>|  | 982 | &nbsp;&nbsp; 1115327 |
| **New Zealand — 0.1%** | **New Zealand — 0.1%** | **New Zealand — 0.1%** | **New Zealand — 0.1%** |
| &nbsp;&nbsp;&nbsp; FNZ NZ Finco Ltd., 2024 GBP Term Loan B, (1-mo. <br> SONIA at 0.00% Floor + 6.00%), 9.73%, 11/05/31<br>| GBP | 1000 | &nbsp;&nbsp; 1072116 |
| **Norway — 0.0%** | **Norway — 0.0%** | **Norway — 0.0%** | **Norway — 0.0%** |
| &nbsp;&nbsp;&nbsp; Sector Alarm Holding AS, 2026 EUR Term Loan B, <br> (3-mo. EURIBOR at 0.00% Floor + 3.00%), 5.01%, <br> 06/14/32<br>| EUR | 407 | &nbsp;&nbsp; 465842 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Spain — 0.2%** | **Spain — 0.2%** | **Spain — 0.2%** | **Spain — 0.2%** |
| &nbsp;&nbsp;&nbsp; Aernnova Aerospace SAU, 2024 EUR Term Loan B, <br> (3-mo. EURIBOR at 0.00% Floor + 4.00%), 6.03%, <br> 02/27/30<br>| EUR | 1303 | &nbsp;&nbsp; $1454833 |
| &nbsp;&nbsp;&nbsp; Cervantes Bidco SL, 2026 EUR Term Loan B, (3-mo. <br> EURIBOR at 0.00% Floor + 3.00%), 5.02%, <br> 12/03/31<br>|  | 742 | &nbsp;&nbsp; 853106 |
|  |  |  | &nbsp;&nbsp; 2307939 |
| **Sweden — 0.1%** | **Sweden — 0.1%** | **Sweden — 0.1%** | **Sweden — 0.1%** |
| &nbsp;&nbsp;&nbsp; Quimper AB, 2026 EUR Term Loan B, (3-mo. <br> EURIBOR at 0.00% Floor + 3.00%), 4.99%, <br> 03/31/30<br>|  | 1009 | &nbsp;&nbsp; 1147107 |
| &nbsp;&nbsp;&nbsp; Verisure Holding AB, 2025 EUR Term Loan B, (3-mo. <br> EURIBOR at 0.00% Floor + 2.25%), 4.28%, <br> 11/03/32<br>|  | 1000 | &nbsp;&nbsp; 1151320 |
|  |  |  | &nbsp;&nbsp; 2298427 |
| **United Kingdom — 0.2%** | **United Kingdom — 0.2%** | **United Kingdom — 0.2%** | **United Kingdom — 0.2%** |
| &nbsp;&nbsp;&nbsp; Boots Group Bidco Ltd., GBP Term Loan B, (1-mo. <br> SONIA at 0.00% Floor + 4.50%), 8.23%, 08/30/32<br>| GBP | 1159 | &nbsp;&nbsp; 1531202 |
| &nbsp;&nbsp;&nbsp; CD&R Firefly Bidco PLC, 2025 GBP Term Loan, (3-mo. <br> SONIA at 0.00% Floor + 4.75%), 8.48%, 04/29/29<br>|  | 1000 | &nbsp;&nbsp; 1318491 |
|  |  |  | &nbsp;&nbsp; 2849693 |
| **United States — 3.4%** | **United States — 3.4%** | **United States — 3.4%** | **United States — 3.4%** |
| &nbsp;&nbsp;&nbsp; Alorica, Inc., 2022 Term Loan, (1-mo. CME Term SOFR <br> + 6.88%), 10.54%, 12/21/27<sup>(c)</sup><br>| USD | 3010 | &nbsp;&nbsp; 2934398 |
| &nbsp;&nbsp;&nbsp; Altar Bidco, Inc., 2021 2nd Lien Term Loan, (12-mo. <br> CME Term SOFR at 0.50% Floor + 5.60%), 9.11%, <br> 02/01/30<br>|  | 2548 | &nbsp;&nbsp; 2388973 |
| Argento LLC, Term Loan A, 04/30/31<sup>(q)</sup> |  | 1874 | &nbsp;&nbsp; 1799040 |
| &nbsp;&nbsp;&nbsp; Coreweave Compute Acquisition Co. II, LLC, Delayed <br> Draw Term Loan, (3-mo. CME Term SOFR at 0.00% <br> Floor + 9.62%), 13.47%, 07/31/28<sup>(c)</sup><br>|  | 4644 | &nbsp;&nbsp; 4632764 |
| Coreweave Compute Acquisition Co. IV, LLC<sup>(c)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 Delayed Draw Term Loan, (3-mo. CME Term <br> SOFR at 0.00% Floor + 6.00%), 9.70%, 05/16/29<br>|  | 333 | &nbsp;&nbsp; 333880 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 5th Amendment Delayed Draw Term Loan, <br> 7.95%, 09/30/30<br>|  | 226 | &nbsp;&nbsp; 219580 |
| &nbsp;&nbsp;&nbsp; Coreweave Compute Acquisition Co., IV, LLC, <br> 2026 Fixed Delayed Draw Term Loan, 12/31/31<sup>(q)</sup><br>|  | 4292 | &nbsp;&nbsp; 4281270 |
| &nbsp;&nbsp;&nbsp; CPV Fairview LLC, 2025 Term Loan, (3-mo. CME Term <br> SOFR at 0.00% Floor + 2.50%), 6.20%, 08/14/31<br>|  | 1281 | &nbsp;&nbsp; 1273834 |
| &nbsp;&nbsp;&nbsp; Crescent Midstream Operating LLC, Term Loan B, <br> (3-mo. CME Term SOFR at 0.00% Floor + 3.75%), <br> 7.42%, 02/18/33<br>|  | 2865 | &nbsp;&nbsp; 2870959 |
| &nbsp;&nbsp;&nbsp; CSC Holdings LLC, 2019 Term Loan B5, (Prime + <br> 1.50%), 8.25%, 04/15/27<br>|  | 570 | &nbsp;&nbsp; 501269 |
| EIS Group, Inc.<sup>(c)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Revolver, (1-mo. CME Term SOFR at 0.75% Floor + <br> 7.00%), 10.67%, 07/10/28<br>|  | 373 | &nbsp;&nbsp; 338385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Term Loan, (1-mo. CME Term SOFR at 0.75% Floor <br> + 7.00%), 10.67%, 07/10/28<br>|  | 3734 | &nbsp;&nbsp; 3383850 |
| Electronic Arts, Inc., EUR Term Loan B, 03/24/33<sup>(q)</sup> | EUR | 1000 | &nbsp;&nbsp; 1143899 |
| &nbsp;&nbsp;&nbsp; Galaxy Universal LLC, 1st Lien Term Loan, 10.05%, <br> 05/12/28<sup>(c)</sup><br>| USD | 13161 | &nbsp;&nbsp; 12289670 |
| GoTo Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 First Out Term Loan, (3-mo. CME Term SOFR <br> at 0.00% Floor + 4.90%), 8.57%, 04/28/28<br>|  | 204 | &nbsp;&nbsp; 167064 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 Second Out Term Loan, (3-mo. CME Term <br> SOFR + 4.90%), 8.57%, 04/28/28<br>|  | 459 | &nbsp;&nbsp; 136181 |

---

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

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

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **United States (continued)** | **United States (continued)** | **United States (continued)** | **United States (continued)** |
| &nbsp;&nbsp;&nbsp; Hydrofarm Holdings LLC, 2021 Term Loan, (3-mo. <br> CME Term SOFR at 1.00% Floor + 5.76%), 9.43%, <br> 10/25/28<sup>(c)</sup><br>| USD | 1772 | &nbsp;&nbsp; $885865 |
| &nbsp;&nbsp;&nbsp; Indy U.S. Bidco LLC, 2025 EUR Term Loan B, (1-mo. <br> EURIBOR at 0.00% Floor + 2.75%), 4.64%, <br> 10/31/30<br>| EUR | 884 | &nbsp;&nbsp; 1006949 |
| &nbsp;&nbsp;&nbsp; Kestrel Acquisition, LLC, 2025 Term Loan, (3-mo. CME <br> Term SOFR at 0.00% Floor + 3.00%), 6.76%, <br> 11/06/31<br>| USD | 1079 | &nbsp;&nbsp; 1078607 |
| &nbsp;&nbsp;&nbsp; Maverick Gaming LLC, 2024 Second Out Term Loan, <br> 0.00%, 04/01/28<sup>(c)(e)(l)</sup><br>|  | 907 | &nbsp;&nbsp; 35557 |
| &nbsp;&nbsp;&nbsp; Medical Solutions Holdings, Inc., 2021 2nd Lien Term <br> Loan, (3-mo. CME Term SOFR at 0.50% Floor + <br> 7.10%), 10.77%, 11/01/29<br>|  | 1052 | &nbsp;&nbsp; 84160 |
| Montage Hotels & Resorts LLC<sup>(c)(j)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; PIK Revolver, (3-mo. CME Term SOFR + 6.00%), <br> 9.71%, 02/16/29<br>|  | 443 | &nbsp;&nbsp; 418066 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; PIK Term Loan, (3-mo. CME Term SOFR at 0.00% <br> Floor + 6.00%), 9.65%, 02/16/29<br>|  | 1284 | &nbsp;&nbsp; 1212049 |
| &nbsp;&nbsp;&nbsp; Ohio Power Partners LLC, Term Loan, (1-mo. CME <br> Term SOFR at 0.00% Floor + 2.75%), 6.42%, <br> 11/12/32<sup>(c)</sup><br>|  | 1033 | &nbsp;&nbsp; 1035810 |
| Redstone Holdco 2 LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2026 Second Out Term Loan, (3-mo. CME Term <br> SOFR at 0.00% Floor + 5.50%), 9.17%, 12/31/30<br>|  | 1092 | &nbsp;&nbsp; 402017 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2026 Tranche A1 First Out Term Loan, (3-mo. CME <br> Term SOFR at 0.00% Floor + 5.50%), 9.14%, <br> 12/31/30<br>|  | 1500 | &nbsp;&nbsp; 1309995 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2026 Tranche A2 First Out Term Loan, (3-mo. CME <br> Term SOFR at 0.00% Floor + 5.25%), 8.92%, <br> 12/31/30<br>|  | 265 | &nbsp;&nbsp; 198327 |
| RunItOneTime LLC<sup>(c)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2nd Amendment Final New Money DIP Term Loan, <br> (1-mo. CME Term SOFR at 2.00% Floor + <br> 12.50%), 16.17%, 04/16/26<br>|  | 318 | &nbsp;&nbsp; 317118 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2nd Amendment Roll Up Term Loan, (1-mo. CME <br> Term SOFR at 2.00% Floor + 1.00% and 11.50% <br> PIK), 16.17%, 04/16/26<sup>(j)</sup><br>|  | 550 | &nbsp;&nbsp; 543260 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Roll-Up DIP Term Loan, (1-mo. CME Term SOFR at <br> 2.00% Floor + 1.00% and 11.50% PIK), 16.17%, <br> 04/16/26<sup>(j)</sup><br>|  | 27 | &nbsp;&nbsp; 26530 |
| &nbsp;&nbsp;&nbsp; Tenaska Westmoreland Management LLC, Term Loan <br> B, (3-mo. SOFR + 2.25%), 5.88%, 02/18/33<sup>(c)</sup><br>|  | 835 | &nbsp;&nbsp; 830825 |
| &nbsp;&nbsp;&nbsp; Verifone Systems, Inc., 2025 Term Loan, (3-mo. CME <br> Term SOFR at 0.00% Floor + 5.51%), 9.18%, <br> 08/18/28<br>|  | 1738 | &nbsp;&nbsp; 1632150 |
| &nbsp;&nbsp;&nbsp; West Deptford Energy Holdings LLC, 2025 Term Loan, <br> (1-mo. CME Term SOFR at 0.00% Floor + 4.00%), <br> 7.78%, 07/24/32<br>|  | 1008 | &nbsp;&nbsp; 1002078 |
| &nbsp;&nbsp;&nbsp; Xerox Corp., 2023 Non-CoOp Term Loan, (6-mo. CME <br> Term SOFR + 4.00%), 7.70%, 11/19/29<br>|  | 629 | &nbsp;&nbsp; 396502 |
|  |  |  | &nbsp;&nbsp; 51110881 |
| **Total Floating Rate Loan Interests — 5.6%** <br>**(Cost: $92,442,304)** | **Total Floating Rate Loan Interests — 5.6%** <br>**(Cost: $92,442,304)** | **Total Floating Rate Loan Interests — 5.6%** <br>**(Cost: $92,442,304)** | &nbsp;&nbsp; 84430334 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Foreign Agency Obligations** | **Foreign Agency Obligations** | **Foreign Agency Obligations** | **Foreign Agency Obligations** |
| **Angola — 0.0%** | **Angola — 0.0%** | **Angola — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Angola Government International Bonds, 8.75%, <br> 04/14/32<sup>(b)</sup><br>| USD | 227 | &nbsp;&nbsp; $220304 |
| **Argentina — 0.0%** | **Argentina — 0.0%** | **Argentina — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Argentine Republic Government International Bonds, <br> 1.75%, 07/09/30<sup>(m)</sup><br>|  | 109 | &nbsp;&nbsp; 91711 |
| **Bahrain — 0.0%** | **Bahrain — 0.0%** | **Bahrain — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Bahrain Government International Bonds, 5.45%, <br> 09/16/32<sup>(d)</sup><br>|  | 257 | &nbsp;&nbsp; 231011 |
| **Barbados — 0.0%** | **Barbados — 0.0%** | **Barbados — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Barbados Government International Bonds, 8.00%, <br> 06/26/35<sup>(b)</sup><br>|  | 196 | &nbsp;&nbsp; 200116 |
| **Chile — 0.0%** | **Chile — 0.0%** | **Chile — 0.0%** |  |
| Chile Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp; 3.75%, 01/14/32 | EUR | 111 | &nbsp;&nbsp; 127097 |
| &nbsp;&nbsp;&nbsp; 4.34%, 03/07/42 | USD | 278 | &nbsp;&nbsp; 243806 |
|  |  |  | &nbsp;&nbsp; 370903 |
| **Colombia — 0.0%** | **Colombia — 0.0%** | **Colombia — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Colombia Government International Bonds, 7.75%, <br> 11/07/36<br>|  | 243 | &nbsp;&nbsp; 248601 |
| **Costa Rica — 0.0%** | **Costa Rica — 0.0%** | **Costa Rica — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Costa Rica Government International Bonds, 7.30%, <br> 11/13/54<sup>(b)</sup><br>|  | 210 | &nbsp;&nbsp; 227850 |
| **Dominican Republic**<sup>(b)</sup> **— 0.1%** | **Dominican Republic**<sup>(b)</sup> **— 0.1%** | **Dominican Republic**<sup>(b)</sup> **— 0.1%** |  |
| Dominican Republic International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 01/30/30 |  | 420 | &nbsp;&nbsp; 399000 |
| &nbsp;&nbsp;&nbsp; 7.05%, 02/03/31 |  | 272 | &nbsp;&nbsp; 281248 |
| &nbsp;&nbsp;&nbsp; 6.95%, 03/15/37 |  | 233 | &nbsp;&nbsp; 236956 |
|  |  |  | &nbsp;&nbsp; 917204 |
| **Egypt — 0.0%** | **Egypt — 0.0%** | **Egypt — 0.0%** |  |
| Egypt Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 04/16/30<sup>(d)</sup> | EUR | 214 | &nbsp;&nbsp; 231039 |
| &nbsp;&nbsp;&nbsp; 8.50%, 01/31/47<sup>(b)</sup> | USD | 200 | &nbsp;&nbsp; 172375 |
|  |  |  | &nbsp;&nbsp; 403414 |
| **Gabon — 0.0%** | **Gabon — 0.0%** | **Gabon — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Gabon Government International Bonds, Series 4Y, <br> 9.50%, 02/18/29<sup>(d)</sup><br>|  | 248 | &nbsp;&nbsp; 232031 |
| **Guatemala**<sup>(b)</sup> **— 0.1%** | **Guatemala**<sup>(b)</sup> **— 0.1%** | **Guatemala**<sup>(b)</sup> **— 0.1%** |  |
| Guatemala Government Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp; 7.05%, 10/04/32 |  | 210 | &nbsp;&nbsp; 224700 |
| &nbsp;&nbsp;&nbsp; 6.60%, 06/13/36 |  | 230 | &nbsp;&nbsp; 240741 |
|  |  |  | &nbsp;&nbsp; 465441 |
| **Hungary — 0.1%** | **Hungary — 0.1%** | **Hungary — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Hungary Government International Bonds, 5.50%, <br> 03/26/36<sup>(b)</sup><br>|  | 200 | &nbsp;&nbsp; 194500 |
| Magyar Export-Import Bank Zrt, 6.00%, 05/16/29<sup>(d)</sup> | EUR | 254 | &nbsp;&nbsp; 307813 |
|  |  |  | &nbsp;&nbsp; 502313 |
| **Indonesia — 0.0%** | **Indonesia — 0.0%** | **Indonesia — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Indonesia Government International Bonds, 3.88%, <br> 01/15/33<br>|  | 110 | &nbsp;&nbsp; 123568 |

---

Consolidated Schedule of Investments

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

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

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Ivory Coast — 0.1%** | **Ivory Coast — 0.1%** | **Ivory Coast — 0.1%** |  |
| Ivory Coast Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 10/17/31<sup>(d)</sup> | EUR | 251 | &nbsp;&nbsp; $283011 |
| &nbsp;&nbsp;&nbsp; 8.08%, 04/01/36<sup>(b)</sup> | USD | 200 | &nbsp;&nbsp; 203217 |
|  |  |  | &nbsp;&nbsp; 486228 |
| **Kenya — 0.0%** | **Kenya — 0.0%** | **Kenya — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Republic of Kenya Government International Bonds, <br> 9.75%, 02/16/31<sup>(b)</sup><br>|  | 249 | &nbsp;&nbsp; 255462 |
| **Latvia — 0.0%** | **Latvia — 0.0%** | **Latvia — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Latvia Government International Bonds, 5.13%, <br> 07/30/34<sup>(b)</sup><br>|  | 201 | &nbsp;&nbsp; 201251 |
| **Mexico — 0.1%** | **Mexico — 0.1%** | **Mexico — 0.1%** |  |
| Eagle Funding Luxco SARL, 5.50%, 08/17/30<sup>(b)</sup> |  | 300 | &nbsp;&nbsp; 300750 |
| Mexico Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 09/22/35 |  | 321 | &nbsp;&nbsp; 310407 |
| &nbsp;&nbsp;&nbsp; 6.13%, 02/09/38 |  | 200 | &nbsp;&nbsp; 195400 |
| &nbsp;&nbsp;&nbsp; 5.13%, 03/19/38 | EUR | 100 | &nbsp;&nbsp; 111569 |
|  |  |  | &nbsp;&nbsp; 918126 |
| **Montenegro — 0.0%** | **Montenegro — 0.0%** | **Montenegro — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Montenegro Government International Bonds, 2.88%, <br> 12/16/27<sup>(d)</sup><br>|  | 186 | &nbsp;&nbsp; 209546 |
| **Morocco**<sup>(b)</sup> **— 0.0%** | **Morocco**<sup>(b)</sup> **— 0.0%** | **Morocco**<sup>(b)</sup> **— 0.0%** |  |
| Morocco Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp; 5.95%, 03/08/28 | USD | 200 | &nbsp;&nbsp; 203340 |
| &nbsp;&nbsp;&nbsp; 4.75%, 04/02/35 | EUR | 200 | &nbsp;&nbsp; 227471 |
|  |  |  | &nbsp;&nbsp; 430811 |
| **Nigeria — 0.0%** | **Nigeria — 0.0%** | **Nigeria — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Nigeria Government International Bonds, 10.38%, <br> 12/09/34<sup>(b)</sup><br>| USD | 200 | &nbsp;&nbsp; 228800 |
| **Oman — 0.0%** | **Oman — 0.0%** | **Oman — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Oman Government International Bonds, 6.75%, <br> 01/17/48<sup>(d)</sup><br>|  | 227 | &nbsp;&nbsp; 236708 |
| **Paraguay — 0.0%** | **Paraguay — 0.0%** | **Paraguay — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Paraguay Government International Bonds, 2.74%, <br> 01/29/33<sup>(d)</sup><br>|  | 395 | &nbsp;&nbsp; 347205 |
| **Peru — 0.1%** | **Peru — 0.1%** | **Peru — 0.1%** |  |
| Corp. Financiera de Desarrollo SA, 5.50%, 05/06/30<sup>(b)</sup> |  | 200 | &nbsp;&nbsp; 203055 |
| Peru Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp; 2.78%, 01/23/31 |  | 152 | &nbsp;&nbsp; 138772 |
| &nbsp;&nbsp;&nbsp; 1.86%, 12/01/32 |  | 142 | &nbsp;&nbsp; 117008 |
|  |  |  | &nbsp;&nbsp; 458835 |
| **Poland — 0.0%** | **Poland — 0.0%** | **Poland — 0.0%** |  |
| Republic of Poland Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 10Y, 4.88%, 10/04/33 |  | 48 | &nbsp;&nbsp; 47896 |
| &nbsp;&nbsp;&nbsp; Series 30Y, 5.50%, 04/04/53 |  | 149 | &nbsp;&nbsp; 136999 |
|  |  |  | &nbsp;&nbsp; 184895 |
| **Republic of North Macedonia — 0.0%** | **Republic of North Macedonia — 0.0%** | **Republic of North Macedonia — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; North Macedonia Government International Bonds, <br> 6.96%, 03/13/27<sup>(d)</sup><br>| EUR | 187 | &nbsp;&nbsp; 219293 |
| **Romania — 0.1%** | **Romania — 0.1%** | **Romania — 0.1%** |  |
| Romanian Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 11/25/27<sup>(b)</sup> | USD | 46 | &nbsp;&nbsp; 45965 |
| &nbsp;&nbsp;&nbsp; 2.12%, 07/16/31<sup>(d)</sup> | EUR | 224 | &nbsp;&nbsp; 222207 |
| &nbsp;&nbsp;&nbsp; 4.63%, 03/04/33<sup>(b)</sup> |  | 120 | &nbsp;&nbsp; 129426 |
| &nbsp;&nbsp;&nbsp; 6.25%, 09/10/34<sup>(b)</sup> |  | 215 | &nbsp;&nbsp; 251614 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Romania (continued)** | **Romania (continued)** | **Romania (continued)** |  |
| Romanian Government International Bonds (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 07/11/39<sup>(b)</sup> | EUR | 82 | &nbsp;&nbsp; $94437 |
| &nbsp;&nbsp;&nbsp; 6.50%, 10/07/45<sup>(b)</sup> |  | 108 | &nbsp;&nbsp; 119252 |
|  |  |  | &nbsp;&nbsp; 862901 |
| **Saudi Arabia — 0.1%** | **Saudi Arabia — 0.1%** | **Saudi Arabia — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Saudi Government International Bonds, 5.00%, <br> 01/18/53<sup>(b)</sup><br>| USD | 658 | &nbsp;&nbsp; 555675 |
| **Serbia — 0.0%** | **Serbia — 0.0%** | **Serbia — 0.0%** |  |
| Serbia International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 09/26/33<sup>(d)</sup> |  | 200 | &nbsp;&nbsp; 208442 |
| &nbsp;&nbsp;&nbsp; 6.00%, 06/12/34<sup>(b)</sup> |  | 236 | &nbsp;&nbsp; 236000 |
|  |  |  | &nbsp;&nbsp; 444442 |
| **South Africa — 0.0%** | **South Africa — 0.0%** | **South Africa — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Republic of South Africa Government International <br> Bonds, Series 30Y, 5.75%, 09/30/49<br>|  | 475 | &nbsp;&nbsp; 368125 |
| **Trinidad And Tobago — 0.0%** | **Trinidad And Tobago — 0.0%** | **Trinidad And Tobago — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Trinidad & Tobago Government International Bonds, <br> 6.50%, 01/28/36<sup>(b)</sup><br>|  | 200 | &nbsp;&nbsp; 198000 |
| **Turkey — 0.0%** | **Turkey — 0.0%** | **Turkey — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Turkiye Government International Bonds, Series 7Y, <br> 7.13%, 02/12/32<br>|  | 226 | &nbsp;&nbsp; 226339 |
| **Ukraine**<sup>(b)(m)</sup> **— 0.0%** | **Ukraine**<sup>(b)(m)</sup> **— 0.0%** | **Ukraine**<sup>(b)(m)</sup> **— 0.0%** |  |
| Ukraine Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 02/01/29 |  | 75 | &nbsp;&nbsp; 52698 |
| &nbsp;&nbsp;&nbsp; 3.00%, 02/01/30 |  | 7 | &nbsp;&nbsp; 4002 |
| &nbsp;&nbsp;&nbsp; 3.00%, 02/01/34 |  | 26 | &nbsp;&nbsp; 10910 |
| &nbsp;&nbsp;&nbsp; 6.00%, 02/01/34 |  | 50 | &nbsp;&nbsp; 26650 |
| &nbsp;&nbsp;&nbsp; 3.00%, 02/01/35 |  | 22 | &nbsp;&nbsp; 9913 |
| &nbsp;&nbsp;&nbsp; 3.00%, 02/01/36 |  | 18 | &nbsp;&nbsp; 8242 |
|  |  |  | &nbsp;&nbsp; 112415 |
| **Uruguay — 0.0%** | **Uruguay — 0.0%** | **Uruguay — 0.0%** |  |
| Oriental Republic of Uruguay, 5.25%, 09/10/60 |  | 216 | &nbsp;&nbsp; 195696 |
| **Uzbekistan — 0.0%** | **Uzbekistan — 0.0%** | **Uzbekistan — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Republic of Uzbekistan International Bonds, 5.38%, <br> 05/29/27<sup>(b)</sup><br>| EUR | 221 | &nbsp;&nbsp; 257044 |
| **Total Foreign Agency Obligations — 0.8%** <br>**(Cost: $11,431,160)** | **Total Foreign Agency Obligations — 0.8%** <br>**(Cost: $11,431,160)** | **Total Foreign Agency Obligations — 0.8%** <br>**(Cost: $11,431,160)** | &nbsp;&nbsp; 11632264 |

---

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

---

| | | |
|:---|:---|:---|
|  | <br>*Shares*<br>|  |
| **Grantor Trust** | **Grantor Trust** | **Grantor Trust** |
| **United States — 1.1%** | **United States — 1.1%** |  |
| SPDR Gold Shares<sup>(e)(g)(h)</sup> | 38130 | &nbsp;&nbsp; 16406958 |
| **Total Grantor Trust — 1.1%** <br>**(Cost: $14,689,286)** | **Total Grantor Trust — 1.1%** <br>**(Cost: $14,689,286)** | &nbsp;&nbsp; 16406958 |
| **Investment Companies** | **Investment Companies** | **Investment Companies** |
| **United States — 1.2%** | **United States — 1.2%** |  |
| iShares China Large-Cap ETF<sup>(r)</sup> | 77200 | &nbsp;&nbsp; 2771480 |
| iShares MSCI Brazil ETF<sup>(r)</sup> | 13963 | &nbsp;&nbsp; 536040 |
| iShares Russell 2000 ETF<sup>(r)</sup> | 13900 | &nbsp;&nbsp; 3447200 |
| KraneShares CSI China Internet ETF | 50850 | &nbsp;&nbsp; 1445665 |
| State Street SPDR S&P Biotech ETF | 45000 | &nbsp;&nbsp; 5747850 |
| State Street SPDR S&P Homebuilders ETF | 8193 | &nbsp;&nbsp; 808813 |

---

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

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

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **United States (continued)** | **United States (continued)** |  |
| State Street SPDR S&P Regional Banking ETF | 17277 | &nbsp;&nbsp; $1125597 |
| VanEck Semiconductor ETF | 3593 | &nbsp;&nbsp; 1377556 |
| **Total Investment Companies — 1.2%** <br>**(Cost: $15,052,361)** | **Total Investment Companies — 1.2%** <br>**(Cost: $15,052,361)** | &nbsp;&nbsp; 17260201 |

---

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

---

| | | | |
|:---|:---|:---|:---|
|  |  | *Par* <br>*(000)*<br>|  |
| **Municipal Bonds** | **Municipal Bonds** | **Municipal Bonds** | **Municipal Bonds** |
| **Arizona — 0.0%** | **Arizona — 0.0%** | **Arizona — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Maricopa County Industrial Development Authority, RB, <br> 7.38%, 10/01/29<sup>(b)</sup><br>| USD | 315 | &nbsp;&nbsp; 332084 |
| **Puerto Rico — 0.2%** | **Puerto Rico — 0.2%** | **Puerto Rico — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Commonwealth of Puerto Rico, Notes, 0.00%, <br> 11/01/51<sup>(a)(e)(l)</sup><br>|  | 4361 | &nbsp;&nbsp; 2660171 |
| **Texas — 0.0%** | **Texas — 0.0%** | **Texas — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Port of Beaumont Navigation District, Refunding ARB, <br> Series B, 10.00%, 07/01/26<sup>(b)</sup><br>|  | 520 | &nbsp;&nbsp; 520442 |
| **Total Municipal Bonds — 0.2%** <br>**(Cost: $2,841,174)** | **Total Municipal Bonds — 0.2%** <br>**(Cost: $2,841,174)** | **Total Municipal Bonds — 0.2%** <br>**(Cost: $2,841,174)** | &nbsp;&nbsp; 3512697 |
| **Non-Agency Mortgage-Backed Securities** | **Non-Agency Mortgage-Backed Securities** | **Non-Agency Mortgage-Backed Securities** | **Non-Agency Mortgage-Backed Securities** |
| **United States — 3.5%** | **United States — 3.5%** | **United States — 3.5%** | **United States — 3.5%** |
| Ajax Mortgage Loan Trust<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2020-C, Class C, 0.01%, 09/27/60 |  | 9 | &nbsp;&nbsp; 175 |
| &nbsp;&nbsp;&nbsp; Series 2021-E, Class B3, 3.82%, 12/25/60<sup>(a)</sup> |  | 945 | &nbsp;&nbsp; 508507 |
| &nbsp;&nbsp;&nbsp; Series 2021-E, Class SA, 0.00%, 12/25/60<sup>(a)</sup> |  | 2 | &nbsp;&nbsp; 744 |
| &nbsp;&nbsp;&nbsp; Series 2021-E, Class XS, 0.00%, 12/25/60<sup>(a)</sup> |  | 11286 | &nbsp;&nbsp; 352178 |
| &nbsp;&nbsp;&nbsp; BFLD Trust, Series 2021-EYP, Class E, (1 mo. Term <br> SOFR + 3.81%), 7.49%, 10/15/35<sup>(a)(b)</sup><br>|  | 790 | &nbsp;&nbsp; 5933 |
| CSMC<sup>(a)(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 2020-FACT, Class E, (1 mo. Term SOFR + <br> 5.48%), 9.15%, 10/15/37<br>|  | 730 | &nbsp;&nbsp; 662475 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 2022-LION, Class A, (1 mo. Term SOFR + <br> 3.44%), 7.11%, 02/15/27<sup>(c)</sup><br>|  | 3400 | &nbsp;&nbsp; 3384974 |
| &nbsp;&nbsp;&nbsp; Deephaven Residential Mortgage Trust, Series 2021-1, <br> Class B2, 3.96%, 05/25/65<sup>(a)(b)</sup><br>|  | 1550 | &nbsp;&nbsp; 1402751 |
| &nbsp;&nbsp;&nbsp; Freddie Mac Seasoned Credit Risk Transfer Trust, <br> Series 2020-3, Class BXS, 5.12%, 05/25/60<sup>(a)(b)</sup><br>|  | 7510 | &nbsp;&nbsp; 4351879 |
| &nbsp;&nbsp;&nbsp; FREMF Trust, Series 2018-W5FX, Class C, 3.42%, <br> 04/25/28<sup>(a)(b)</sup><br>|  | 437 | &nbsp;&nbsp; 410826 |
| &nbsp;&nbsp;&nbsp; Imperial Fund Mortgage Trust, Series 2020-NQM1, <br> Class B1, 4.00%, 10/25/55<sup>(a)(b)</sup><br>|  | 3602 | &nbsp;&nbsp; 3308233 |
| JP Morgan Mortgage Trust<sup>(a)(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2021-1, Class A3X, 0.50%, 06/25/51 |  | 41512 | &nbsp;&nbsp; 1197627 |
| &nbsp;&nbsp;&nbsp; Series 2021-1, Class AX1, 0.12%, 06/25/51 |  | 168456 | &nbsp;&nbsp; 1025728 |
| &nbsp;&nbsp;&nbsp; Series 2021-1, Class AX4, 0.40%, 06/25/51 |  | 10757 | &nbsp;&nbsp; 247853 |
| &nbsp;&nbsp;&nbsp; Series 2021-1, Class B4, 3.02%, 06/25/51 |  | 751 | &nbsp;&nbsp; 620321 |
| &nbsp;&nbsp;&nbsp; Series 2021-1, Class B5, 3.02%, 06/25/51 |  | 901 | &nbsp;&nbsp; 698040 |
| &nbsp;&nbsp;&nbsp; Series 2021-1, Class B6, 2.78%, 06/25/51 |  | 1534 | &nbsp;&nbsp; 724877 |
| &nbsp;&nbsp;&nbsp; Series 2021-4, Class B4, 2.90%, 08/25/51 |  | 1125 | &nbsp;&nbsp; 898115 |
| &nbsp;&nbsp;&nbsp; Series 2021-4, Class B5, 2.90%, 08/25/51 |  | 843 | &nbsp;&nbsp; 662062 |
| &nbsp;&nbsp;&nbsp; Series 2021-4, Class B6, 2.90%, 08/25/51 |  | 2209 | &nbsp;&nbsp; 957773 |
| &nbsp;&nbsp;&nbsp; Lehman Brothers Small Balance Commercial Mortgage <br> Trust, Series 2007-2A, Class M2, (1 mo. Term <br> SOFR + 0.71%), 4.39%, 06/25/37<sup>(a)(b)</sup><br>|  | 2535 | &nbsp;&nbsp; 2207453 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **United States (continued)** | **United States (continued)** | **United States (continued)** | **United States (continued)** |
| MCM Trust<sup>(c)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 0.00%, 09/25/31 | USD | 4375 | &nbsp;&nbsp; $3365942 |
| &nbsp;&nbsp;&nbsp; 2.50%, 09/25/31 |  | 6153 | &nbsp;&nbsp; 5912627 |
| New Residential Mortgage Loan Trust<sup>(a)(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2019-RPL2, Class B3, 3.95%, 02/25/59 |  | 9329 | &nbsp;&nbsp; 7526684 |
| &nbsp;&nbsp;&nbsp; Series 2021-NQ1R, Class B1, 3.53%, 07/25/55 |  | 1370 | &nbsp;&nbsp; 1192644 |
| &nbsp;&nbsp;&nbsp; Series 2021-NQ1R, Class B2, 4.33%, 07/25/55 |  | 1022 | &nbsp;&nbsp; 908509 |
| Seasoned Loans Structured Transaction Trust<sup>(a)(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2020-2, Class M1, 4.75%, 09/25/60 |  | 1398 | &nbsp;&nbsp; 1390645 |
| &nbsp;&nbsp;&nbsp; Series 2020-3, Class M1, 4.75%, 04/26/60 |  | 1394 | &nbsp;&nbsp; 1382122 |
| &nbsp;&nbsp;&nbsp; Starwood Mortgage Residential Trust, Series 2020-<br> INV, Class B2, 4.26%, 11/25/55<sup>(b)</sup><br>|  | 1225 | &nbsp;&nbsp; 1047584 |
| TVC DSCR<sup>(c)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2021-1, 0.00%, 03/25/28 |  | 1323 | &nbsp;&nbsp; 1007134 |
| &nbsp;&nbsp;&nbsp; Series 2021-1, Class A, 2.38%, 02/01/51 |  | 2034 | &nbsp;&nbsp; 1920083 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Series 2021-R2, Class B1, <br> 3.25%, 02/25/64<sup>(a)(b)</sup><br>|  | 2735 | &nbsp;&nbsp; 2336721 |
| &nbsp;&nbsp;&nbsp; WaMu Mortgage Pass-Through Certificates Trust, <br> Series 2007-OA6, Class 1A, (12-mo. MTA + 0.81%), <br> 4.67%, 07/25/47<sup>(a)</sup><br>|  | 902 | &nbsp;&nbsp; 768097 |
| &nbsp;&nbsp;&nbsp; Wells Fargo Commercial Mortgage Trust, Series 2019-<br> C50, Class XA, 1.39%, 05/15/52<sup>(a)</sup><br>|  | 21633 | &nbsp;&nbsp; 688928 |
| **Total Non-Agency Mortgage-Backed Securities — 3.5%** <br>**(Cost: $56,163,888)** | **Total Non-Agency Mortgage-Backed Securities — 3.5%** <br>**(Cost: $56,163,888)** | **Total Non-Agency Mortgage-Backed Securities — 3.5%** <br>**(Cost: $56,163,888)** | &nbsp;&nbsp; 53076244 |
| **Preferred Securities** | **Preferred Securities** | **Preferred Securities** | **Preferred Securities** |
| **Capital Trusts — 0.3%**<sup>(a)</sup> | **Capital Trusts — 0.3%**<sup>(a)</sup> | **Capital Trusts — 0.3%**<sup>(a)</sup> | **Capital Trusts — 0.3%**<sup>(a)</sup> |
| **France**<sup>(d)(n)</sup> **— 0.1%** | **France**<sup>(d)(n)</sup> **— 0.1%** | **France**<sup>(d)(n)</sup> **— 0.1%** |  |
| Air France-KLM, 5.75% | EUR | 100 | &nbsp;&nbsp; 112462 |
| Electricite de France SA, 5.63% |  | 200 | &nbsp;&nbsp; 236391 |
| Unibail-Rodamco-Westfield SE, 4.75% |  | 200 | &nbsp;&nbsp; 228673 |
| Veolia Environnement SA, 4.32% |  | 100 | &nbsp;&nbsp; 112118 |
|  |  |  | &nbsp;&nbsp; 689644 |
| **Germany**<sup>(d)</sup> **— 0.1%** | **Germany**<sup>(d)</sup> **— 0.1%** | **Germany**<sup>(d)</sup> **— 0.1%** |  |
| Bayer AG, 5.38%, 03/25/82 |  | 300 | &nbsp;&nbsp; 345061 |
| Volkswagen International Finance NV<sup>(n)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 5.49% |  | 100 | &nbsp;&nbsp; 115359 |
| &nbsp;&nbsp;&nbsp; 5.99% |  | 100 | &nbsp;&nbsp; 115528 |
|  |  |  | &nbsp;&nbsp; 575948 |
| **Hong Kong — 0.0%** | **Hong Kong — 0.0%** | **Hong Kong — 0.0%** |  |
| Cas Capital No. 2 Ltd., 6.25%<sup>(d)(n)</sup> | USD | 200 | &nbsp;&nbsp; 196720 |
| **Japan — 0.0%** | **Japan — 0.0%** | **Japan — 0.0%** |  |
| Rakuten Group, Inc., 4.25%<sup>(d)(n)</sup> | EUR | 200 | &nbsp;&nbsp; 224146 |
| **Luxembourg — 0.0%** | **Luxembourg — 0.0%** | **Luxembourg — 0.0%** |  |
| Vivion Investments SARL, 8.13%<sup>(d)(n)</sup> |  | 200 | &nbsp;&nbsp; 193457 |
| **Singapore — 0.0%** | **Singapore — 0.0%** | **Singapore — 0.0%** |  |
| Lendlease Asia Treasury Pte. Ltd., 3.90%<sup>(d)(n)</sup> | SGD | 250 | &nbsp;&nbsp; 192016 |
| **Spain — 0.0%** | **Spain — 0.0%** | **Spain — 0.0%** |  |
| Telefonica Emisiones SA, 4.88%<sup>(d)(n)</sup> | EUR | 200 | &nbsp;&nbsp; 219587 |
| **Thailand — 0.0%** | **Thailand — 0.0%** | **Thailand — 0.0%** |  |
| GC Treasury Center Co. Ltd., 6.50%<sup>(d)(n)</sup> | USD | 250 | &nbsp;&nbsp; 242075 |
| **United Kingdom — 0.0%** | **United Kingdom — 0.0%** | **United Kingdom — 0.0%** |  |
| Centrica PLC, 6.50%, 05/21/55<sup>(d)</sup> | GBP | 394 | &nbsp;&nbsp; 522802 |

---

Consolidated Schedule of Investments

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

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

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **United States**<sup>(n)</sup> **— 0.1%** | **United States**<sup>(n)</sup> **— 0.1%** | **United States**<sup>(n)</sup> **— 0.1%** |  |
| Stellantis NV<sup>(d)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.88% | EUR | 275 | &nbsp;&nbsp; $299631 |
| &nbsp;&nbsp;&nbsp; 8.25% | GBP | 250 | &nbsp;&nbsp; 316225 |
| Venture Global LNG, Inc., 9.00%<sup>(b)</sup> | USD | 953 | &nbsp;&nbsp; 949232 |
|  |  |  | &nbsp;&nbsp; 1565088 |
|  |  |  | &nbsp;&nbsp; 4621483 |

---

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

---

| | | |
|:---|:---|:---|
|  | <br>*Shares*<br>|  |
| **Preferred Stocks — 4.8%** | **Preferred Stocks — 4.8%** | **Preferred Stocks — 4.8%** |
| **China — 0.8%** | **China — 0.8%** |  |
| &nbsp;&nbsp;&nbsp; ByteDance Ltd., Series E-1, (Acquired 11/11/20, Cost: <br> $4,390,747)<sup>(c)(e)(f)</sup><br>| 40071 | &nbsp;&nbsp; 11581721 |
| **Finland — 0.1%** | **Finland — 0.1%** |  |
| Aiven, Series D<sup>(c)(e)</sup> | 37890 | &nbsp;&nbsp; 1883133 |
| **Germany — 0.0%** | **Germany — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Volocopter GmbH, Series D, (Acquired 03/03/21, Cost: <br> $4,145,649)<sup>(c)(e)(f)</sup><br>| 780 | &nbsp;&nbsp; — |
| **United Kingdom — 0.0%** | **United Kingdom — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; 10X Future Technologies Service Ltd., Series D, <br> (Acquired 12/19/23, Cost: $3,926,032)<sup>(c)(e)(f)</sup><br>| 114500 | &nbsp;&nbsp; 400098 |
| **United States — 3.9%** | **United States — 3.9%** |  |
| &nbsp;&nbsp;&nbsp; Breeze Aviation Group, Inc., Series B, (Acquired <br> 07/30/21, Cost: $1,800,187)<sup>(c)(e)(f)</sup><br>| 3333 | &nbsp;&nbsp; 410359 |
| Bright Machines, Inc.<sup>(c)(e)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series C | 472899 | &nbsp;&nbsp; 99309 |
| &nbsp;&nbsp;&nbsp; Series C-1 | 985059 | &nbsp;&nbsp; 78805 |
| Cap Hill Brands, Series B-2<sup>(c)(e)</sup> | 1185824 | &nbsp;&nbsp; 12 |
| Clarify Health, Series D-1<sup>(c)(e)</sup> | 345315 | &nbsp;&nbsp; 825303 |
| CoreWeave, Inc., Series C, 03/25/49<sup>(c)</sup> | 1579000 | &nbsp;&nbsp; 1500050 |
| &nbsp;&nbsp;&nbsp; Databricks, Inc., Series G, (Acquired 02/01/21, Cost: <br> $2,392,693)<sup>(c)(e)(f)</sup><br>| 40470 | &nbsp;&nbsp; 6535500 |
| Davidson Homes, Inc.<sup>(c)(e)</sup> | 7345 | &nbsp;&nbsp; 8100213 |
| Dream Finders Homes, Inc., Series A<sup>(c)</sup> | 10172 | &nbsp;&nbsp; 10082995 |
| &nbsp;&nbsp;&nbsp; EXO Imaging, Inc., Series D, (Acquired 08/14/24, Cost: <br> $71,814)<sup>(c)(e)(f)</sup><br>| 117667 | &nbsp;&nbsp; 87074 |
| HawkEye 360, Inc., Series D-1<sup>(c)(e)</sup> | 406081 | &nbsp;&nbsp; 9157127 |
| Jumpcloud, Inc.<sup>(c)(e)(f)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series E-1, (Acquired 10/30/20, Cost: $2,052,443) | 1125428 | &nbsp;&nbsp; 2059533 |
| &nbsp;&nbsp;&nbsp; Series F, (Acquired 09/03/21, Cost: $443,302) | 74023 | &nbsp;&nbsp; 180616 |
| Lessen Holdings, Inc.<sup>(c)(e)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series BX | 489075 | &nbsp;&nbsp; 5 |
| &nbsp;&nbsp;&nbsp; Series CX | 25831 | &nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; Noodle Partners, Inc., Series C, (Acquired 08/26/21, <br> Cost: $1,751,669)<sup>(c)(e)(f)</sup><br>| 196272 | &nbsp;&nbsp; 2 |
| &nbsp;&nbsp;&nbsp; PsiQuantum Corp., Series D, (Acquired 05/21/21, Cost: <br> $945,402)<sup>(c)(e)(f)</sup><br>| 36048 | &nbsp;&nbsp; 1490585 |
| RapidSOS, Series C-1<sup>(c)(e)</sup> | 1707127 | &nbsp;&nbsp; 1809555 |
| &nbsp;&nbsp;&nbsp; SambaNova Systems, Inc., Series D, (Acquired <br> 04/09/21, Cost: $1,250,247)<sup>(c)(e)(f)</sup><br>| 13158 | &nbsp;&nbsp; 485135 |
| &nbsp;&nbsp;&nbsp; SCI PH Parent, Inc., Series A, (Acquired 02/10/23, <br> Cost: $1,183,000), 12/31/79<sup>(c)(e)(f)</sup><br>| 1183 | &nbsp;&nbsp; 1608312 |
| &nbsp;&nbsp;&nbsp; Snorkel AI, Inc., Series C, (Acquired 06/30/21, Cost: <br> $678,934)<sup>(c)(e)(f)</sup><br>| 45203 | &nbsp;&nbsp; 395526 |
| Ursa Major Technologies, Inc.<sup>(c)(e)(f)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series C, (Acquired 09/13/21, Cost: $1,732,297) | 290420 | &nbsp;&nbsp; 1396920 |
| &nbsp;&nbsp;&nbsp; Series D, (Acquired 10/14/22, Cost: $235,803) | 35579 | &nbsp;&nbsp; 175760 |

---

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **United States (continued)** | **United States (continued)** |  |
| &nbsp;&nbsp;&nbsp; Usa Rare Earth, Inc., (Acquired 01/26/26, Cost: <br> $2,464,588)<sup>(e)(f)</sup><br>| 114632 | &nbsp;&nbsp; $1734956 |
| Verger Capital Fund LLC<sup>(c)(e)</sup> | 341505 | &nbsp;&nbsp; 54641 |
| Veritas Newco<sup>(c)(e)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series G | 8968 | &nbsp;&nbsp; 170392 |
| &nbsp;&nbsp;&nbsp; Series G-1 | 6197 | &nbsp;&nbsp; 117743 |
| &nbsp;&nbsp;&nbsp; Versa Networks, Inc., Series E, (Acquired 10/14/22, <br> Cost: $4,906,958), 10/07/32<sup>(c)(e)(f)</sup><br>| 1681498 | &nbsp;&nbsp; 8996014 |
|  |  | &nbsp;&nbsp; 57552442 |
|  |  | &nbsp;&nbsp; 71417394 |
| **Total Preferred Securities — 5.1%** <br>**(Cost: $84,188,831)** | **Total Preferred Securities — 5.1%** <br>**(Cost: $84,188,831)** | &nbsp;&nbsp; 76038877 |

---

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

---

| | | | |
|:---|:---|:---|:---|
|  |  | *Par* <br>*(000)*<br>|  |
| **U.S. Government Sponsored Agency Securities** | **U.S. Government Sponsored Agency Securities** | **U.S. Government Sponsored Agency Securities** | **U.S. Government Sponsored Agency Securities** |
| **Commercial Mortgage-Backed Securities — 0.1%** | **Commercial Mortgage-Backed Securities — 0.1%** | **Commercial Mortgage-Backed Securities — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Freddie Mac Multifamily Structured Pass Through <br> Certificates, Series KL06, Class XFX, 1.36%, <br> 12/25/29<sup>(a)</sup><br>| USD | 17820 | &nbsp;&nbsp; 748294 |
| **Mortgage-Backed Securities**<sup>(s)</sup> **— 14.8%** | **Mortgage-Backed Securities**<sup>(s)</sup> **— 14.8%** | **Mortgage-Backed Securities**<sup>(s)</sup> **— 14.8%** |  |
| Uniform Mortgage-Backed Securities |  |  |  |
| &nbsp;&nbsp;&nbsp; 2.50%, 04/13/56 |  | 1830 | &nbsp;&nbsp; 1538344 |
| &nbsp;&nbsp;&nbsp; 3.00%, 04/13/56 |  | 15100 | &nbsp;&nbsp; 13260510 |
| &nbsp;&nbsp;&nbsp; 3.50%, 04/13/56 - 05/13/56 |  | 124269 | &nbsp;&nbsp; 113878444 |
| &nbsp;&nbsp;&nbsp; 4.50%, 04/13/56 |  | 39577 | &nbsp;&nbsp; 38192029 |
| &nbsp;&nbsp;&nbsp; 5.50%, 04/13/56 |  | 24954 | &nbsp;&nbsp; 25068936 |
| &nbsp;&nbsp;&nbsp; 6.00%, 04/13/56 - 05/13/56 |  | 28977 | &nbsp;&nbsp; 29521446 |
|  |  |  | &nbsp;&nbsp; 221459709 |
| **Total U.S. Government Sponsored Agency Securities — 14.9%** <br>**(Cost: $224,321,016)** | **Total U.S. Government Sponsored Agency Securities — 14.9%** <br>**(Cost: $224,321,016)** | **Total U.S. Government Sponsored Agency Securities — 14.9%** <br>**(Cost: $224,321,016)** | &nbsp;&nbsp; 222208003 |

---

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

---

| | | |
|:---|:---|:---|
|  | <br>*Shares*<br>|  |
| **Warrants** | **Warrants** | **Warrants** |
| **Brazil — 0.0%** | **Brazil — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Lavoro Ltd., (Issued 12/27/22, Exercisable 12/27/23, <br> 1 Share for 1 Warrant, Expires 12/27/27, Strike <br> Price USD 11.50)<sup>(e)</sup><br>| 25681 | &nbsp;&nbsp; 20 |
| **Israel — 0.0%** | **Israel — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Deep Instinct Ltd., Series D, (Acquired 09/20/22, Cost: <br> $0), (Exercisable 09/20/22, 1 Share for 1 Warrant, <br> Expires 09/20/32, Strike Price USD 0.01)<sup>(c)(e)(f)</sup><br>| 21889 | &nbsp;&nbsp; 219 |
| **United Kingdom — 0.0%** | **United Kingdom — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; 10X Future Technologies Service Ltd., (Acquired <br> 12/19/23, Cost: $0), (Issued 12/19/23, Expires <br> 11/17/30, Strike Price GBP 0.01)<sup>(c)(e)(f)</sup><br>| 137950 | &nbsp;&nbsp; 7304 |
| **United States**<sup>(e)</sup> **— 0.5%** | **United States**<sup>(e)</sup> **— 0.5%** |  |
| Crown PropTech Acquisitions<sup>(c)</sup> | 74120 | &nbsp;&nbsp; 9161 |
| &nbsp;&nbsp;&nbsp; Crown PropTech Acquisitions, (Issued/Exercisable <br> 01/25/21, 1 Share for 1 Warrant, Expires 12/31/27, <br> Strike Price USD 11.50)<br>| 44352 | &nbsp;&nbsp; 2661 |
| &nbsp;&nbsp;&nbsp; Davidson Homes, Inc., Class A, (Issued 05/16/24, <br> Expires 05/16/34, Strike Price USD 8.47)<sup>(c)</sup><br>| 50977 | &nbsp;&nbsp; 34664 |

---

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

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

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **United States (continued)** | **United States (continued)** |  |
| EVgo, Inc., (Expires 06/28/26, Strike Price USD 11.50) | 40220 | &nbsp;&nbsp; $965 |
| Flyr AS, Series D, (Expires 12/31/49)<sup>(c)</sup> | 5990 | &nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; HawkEye 360, Inc., Series D-1, (Issued 07/07/23, <br> 1 Share for 1 Warrant, Expires 07/07/33, Strike <br> Price USD<sup>(c)</sup><br>| 173677 | &nbsp;&nbsp; 3610745 |
| &nbsp;&nbsp;&nbsp; HawkEye 360, Inc., Series D-1, (Issued 07/07/23, <br> 1 Share for 1 Warrant, Expires 07/07/33, Strike <br> Price USD 11.17)<sup>(c)</sup><br>| 19736 | &nbsp;&nbsp; 355051 |
| &nbsp;&nbsp;&nbsp; Hippo Holdings, Inc., (Issued/Exercisable 01/04/21, <br> 0.04 Shares for 1 Warrant, Expires 08/02/26, Strike <br> Price USD 287.50)<br>| 11689 | &nbsp;&nbsp; 63 |
| &nbsp;&nbsp;&nbsp; Latch, Inc., (Issued/Exercisable 12/29/20, 1 Share for <br> 1 Warrant, Expires 06/04/26, Strike Price USD <br> 11.50)<br>| 10196 | &nbsp;&nbsp; 4 |
| &nbsp;&nbsp;&nbsp; New York Community Bancorp, Inc., Series C, PIPE, <br> (Acquired 03/07/24, Cost: $0), (Issued/Exercisable <br> 03/11/24, 1,000 Shares for 1 Warrant, Expires <br> 03/11/31, Strike Price USD 2.50)<sup>(c)(f)</sup><br>| 550 | &nbsp;&nbsp; 1446929 |
| &nbsp;&nbsp;&nbsp; Offerpad Solutions, Inc., (Issued/Exercisable 10/13/20, <br> 1 Share for 1 Warrant, Expires 09/01/26, Strike <br> Price USD 11.50)<br>| 60706 | &nbsp;&nbsp; 468 |
| &nbsp;&nbsp;&nbsp; Palladyne AI Corp., (Issued/Exercisable 12/21/20, <br> 1 Share for 1 Warrant, Expires 09/24/26, Strike <br> Price USD 11.50)<br>| 68671 | &nbsp;&nbsp; 4306 |
| &nbsp;&nbsp;&nbsp; RapidSOS, Inc., Series C-1, (Issued 12/13/23, Expires <br> 12/13/33, Strike Price USD 0.01)<sup>(c)</sup><br>| 946544 | &nbsp;&nbsp; 993871 |
| &nbsp;&nbsp;&nbsp; Sarcos Technology & Robotics Corp., (Issued <br> 01/15/21, 1 Share for 1 Warrant, Expires 06/15/27, <br> Strike Price USD<br>| 25291 | &nbsp;&nbsp; 1586 |
| &nbsp;&nbsp;&nbsp; Sonder Holdings, Inc., (Expires 04/11/30, Strike Price <br> USD 1.00)<sup>(c)</sup><br>| 261005 | &nbsp;&nbsp; 3 |
| &nbsp;&nbsp;&nbsp; Sonder Holdings, Inc., (Expires 12/30/29, Strike Price <br> USD 0.01)<sup>(c)</sup><br>| 26165 | &nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; Versa Networks, Inc., Series E, (Acquired 10/14/22, <br> Cost: $0), (Exercisable 10/14/22, 1 Share for <br> 1 Warrant, Expires 10/07/32, Strike Price USD <br> 0.01)<sup>(c)(f)</sup><br>| 207248 | &nbsp;&nbsp; 816557 |
| &nbsp;&nbsp;&nbsp; Volato Group, Inc., (Acquired 12/03/23, Cost: $48,765), <br> (Issued 12/04/23, Expires 12/03/28, Strike Price <br> USD 11.50)<sup>(f)</sup><br>| 48765 | &nbsp;&nbsp; 390 |
|  |  | &nbsp;&nbsp; 7277424 |
| **Total Warrants — 0.5%** <br>**(Cost: $614,235)** | **Total Warrants — 0.5%** <br>**(Cost: $614,235)** | &nbsp;&nbsp; 7284967 |
| **Total Long-Term Investments — 108.1%** <br>**(Cost: $1,388,722,077)** | **Total Long-Term Investments — 108.1%** <br>**(Cost: $1,388,722,077)** | &nbsp;&nbsp; 1614826700 |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 2.0%** | **Money Market Funds — 2.0%** |  |
| &nbsp;&nbsp;&nbsp; BlackRock Liquidity Funds, T-Fund, Institutional <br> Shares, 3.55%<sup>(r)(t)</sup><br>| 29223021 | &nbsp;&nbsp; 29223021 |
| **Total Short-Term Securities — 2.0%** <br>**(Cost: $29,223,021)** | **Total Short-Term Securities — 2.0%** <br>**(Cost: $29,223,021)** | &nbsp;&nbsp; 29223021 |
| **Options Purchased — 0.2%** <br>**(Cost: $9,699,781)** | **Options Purchased — 0.2%** <br>**(Cost: $9,699,781)** | &nbsp;&nbsp; 3425655 |
| **Total Investments Before TBA Sale Commitments and** <br>**Options Written — 110.3%** <br>**(Cost: $1,427,644,879)** | **Total Investments Before TBA Sale Commitments and** <br>**Options Written — 110.3%** <br>**(Cost: $1,427,644,879)** | &nbsp;&nbsp; 1647475376 |

---

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

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par* <br>*(000)*<br>| *Value* |
| **TBA Sale Commitments**<sup>(s)</sup> | **TBA Sale Commitments**<sup>(s)</sup> | **TBA Sale Commitments**<sup>(s)</sup> | **TBA Sale Commitments**<sup>(s)</sup> |
| **United States — (3.1)%** | **United States — (3.1)%** | **United States — (3.1)%** |  |
| Uniform Mortgage-Backed Securities |  |  |  |
| &nbsp;&nbsp;&nbsp; 3.50%, 04/13/56 | USD | (35401)<br>| &nbsp;&nbsp; $(32450115)<br>|
| &nbsp;&nbsp;&nbsp; 6.00%, 04/13/56 |  | (12900)<br>| &nbsp;&nbsp; (13149331)<br>|
| **Total TBA Sale Commitments — (3.1)%** <br>**(Proceeds: $(45404462))** | **Total TBA Sale Commitments — (3.1)%** <br>**(Proceeds: $(45404462))** | **Total TBA Sale Commitments — (3.1)%** <br>**(Proceeds: $(45404462))** | &nbsp;&nbsp; (45599446)<br>|
| **Options Written — (0.7)%** <br>**(Premiums Received: $(10568534))** | **Options Written — (0.7)%** <br>**(Premiums Received: $(10568534))** | **Options Written — (0.7)%** <br>**(Premiums Received: $(10568534))** | &nbsp;&nbsp; (10815092)<br>|
| **Total Investments, Net of TBA Sale Commitments and** <br>**Options Written — 106.5%** <br>**(Cost: $1,371,671,883)** | **Total Investments, Net of TBA Sale Commitments and** <br>**Options Written — 106.5%** <br>**(Cost: $1,371,671,883)** | **Total Investments, Net of TBA Sale Commitments and** <br>**Options Written — 106.5%** <br>**(Cost: $1,371,671,883)** | &nbsp;&nbsp; 1591060838 |
| **Liabilities in Excess of Other Assets — (6.5)%** | **Liabilities in Excess of Other Assets — (6.5)%** | **Liabilities in Excess of Other Assets — (6.5)%** | &nbsp;&nbsp; (96833230)<br>|
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | **Net Assets — 100.0%** | &nbsp;&nbsp; $1494227608 |

---

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

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

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

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

<sup>(d)</sup> This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933. 

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

<sup>(f)</sup> Restricted security as to resale, excluding 144A securities. The Trust held restricted securities with a current value of $92,196,686, representing 6.2% of its net assets as of period end, and an original cost of $73,489,614. 

<sup>(g)</sup> All or a portion of the security has been pledged and/or segregated as collateral in connection with outstanding exchange-traded options written. 

<sup>(h)</sup> All or a portion of the security is held by a wholly-owned subsidiary.

<sup>(i)</sup> Investment does not issue shares.

<sup>(j)</sup> Payment-in-kind security which may pay interest/dividends in additional par/shares and/or in cash. Rates shown are the current rate and possible payment rates. 

<sup>(k)</sup> Convertible security.

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

<sup>(m)</sup> Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step- down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect. 

<sup>(n)</sup> Perpetual security with no stated maturity date.

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

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

<sup>(q)</sup> Represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate. 

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

<sup>(s)</sup> Represents or includes a TBA transaction.

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

Consolidated Schedule of Investments

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Trust during the period ended March 31, 2026 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at* <br>*12/31/25*<br>| *Purchases* <br>*at Cost*<br>| *Proceeds* <br>*from Sales*<br>| *Net* <br>*Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*03/31/26*<br>| *Shares* <br>*Held at* <br>*03/31/26*<br>| *Income* | *Capital Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| BlackRock Liquidity Funds, T-Fund, Institutional Shares | $19221797 | $10001224 <br><sup>(a)</sup><br>| &nbsp;&nbsp; $— | $— | $— | $29223021 | 29223021 | $243665 | $— |
| iShares China Large-Cap ETF | 2955988 |  | &nbsp;&nbsp; — |  | (184508)<br>| 2771480 | 77200 |  |  |
| iShares MSCI Brazil ETF | 443605 |  | &nbsp;&nbsp; — |  | 92435 | 536040 | 13963 |  |  |
| iShares Russell 2000 ETF |  | 3437112 | &nbsp;&nbsp; — |  | 10088 | 3447200 | 13900 |  |  |
|  |  |  |  | $— | $(81985)<br>| $35977741 |  | $243665 | $— |

---

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

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

**Derivative Financial Instruments Outstanding as of Period End**

**Futures Contracts** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| *Description* | *Number of* <br>*Contracts*<br>| &nbsp;&nbsp;&nbsp; *Expiration* <br>*Date*<br>| &nbsp;&nbsp;&nbsp; *Notional* <br>*Amount (000)*<br>| &nbsp;&nbsp;&nbsp; *Value/* <br>*Unrealized* <br>*Appreciation* <br>&nbsp;&nbsp;&nbsp;&nbsp;*(Depreciation)*<br>|
| Long Contracts  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; NSE IFSC Nifty 50 Index | &nbsp;&nbsp; 40 | &nbsp;&nbsp;&nbsp;&nbsp; 04/28/26 | &nbsp;&nbsp;&nbsp;&nbsp; $1820 | &nbsp;&nbsp;&nbsp;&nbsp; $(10816)<br>|
| &nbsp;&nbsp;&nbsp; Euro BOBL | &nbsp;&nbsp; 302 | &nbsp;&nbsp;&nbsp;&nbsp; 06/08/26 | &nbsp;&nbsp;&nbsp;&nbsp; 40293 | &nbsp;&nbsp;&nbsp;&nbsp; (604448)<br>|
| &nbsp;&nbsp;&nbsp; Euro Bund | &nbsp;&nbsp; 22 | &nbsp;&nbsp;&nbsp;&nbsp; 06/08/26 | &nbsp;&nbsp;&nbsp;&nbsp; 3189 | &nbsp;&nbsp;&nbsp;&nbsp; (65118)<br>|
| &nbsp;&nbsp;&nbsp; Euro-Schatz | &nbsp;&nbsp; 40 | &nbsp;&nbsp;&nbsp;&nbsp; 06/08/26 | &nbsp;&nbsp;&nbsp;&nbsp; 4889 | &nbsp;&nbsp;&nbsp;&nbsp; (41417)<br>|
| &nbsp;&nbsp;&nbsp; Short Term Euro BTP | &nbsp;&nbsp; 104 | &nbsp;&nbsp;&nbsp;&nbsp; 06/08/26 | &nbsp;&nbsp;&nbsp;&nbsp; 12724 | &nbsp;&nbsp;&nbsp;&nbsp; (116057)<br>|
| &nbsp;&nbsp;&nbsp; KOSPI 200 Index | &nbsp;&nbsp; 52 | &nbsp;&nbsp;&nbsp;&nbsp; 06/11/26 | &nbsp;&nbsp;&nbsp;&nbsp; 6359 | &nbsp;&nbsp;&nbsp;&nbsp; (668759)<br>|
| &nbsp;&nbsp;&nbsp; Nikkei 225 Index | &nbsp;&nbsp; 48 | &nbsp;&nbsp;&nbsp;&nbsp; 06/11/26 | &nbsp;&nbsp;&nbsp;&nbsp; 15965 | &nbsp;&nbsp;&nbsp;&nbsp; (412048)<br>|
| &nbsp;&nbsp;&nbsp; 10-Year Australian Treasury Bonds | &nbsp;&nbsp; 51 | &nbsp;&nbsp;&nbsp;&nbsp; 06/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 3792 | &nbsp;&nbsp;&nbsp;&nbsp; (37126)<br>|
| &nbsp;&nbsp;&nbsp; 3-Year Australian Treasury Bonds | &nbsp;&nbsp; 242 | &nbsp;&nbsp;&nbsp;&nbsp; 06/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 17307 | &nbsp;&nbsp;&nbsp;&nbsp; (89974)<br>|
| &nbsp;&nbsp;&nbsp; E-mini Russell 2000 Index | &nbsp;&nbsp; 68 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | &nbsp;&nbsp;&nbsp;&nbsp; 8541 | &nbsp;&nbsp;&nbsp;&nbsp; (34090)<br>|
| &nbsp;&nbsp;&nbsp; U.S. Long Bond | &nbsp;&nbsp; 170 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | &nbsp;&nbsp;&nbsp;&nbsp; 19316 | &nbsp;&nbsp;&nbsp;&nbsp; (573992)<br>|
| &nbsp;&nbsp;&nbsp; Ultra U.S. Treasury Bond | &nbsp;&nbsp; 171 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | &nbsp;&nbsp;&nbsp;&nbsp; 19889 | &nbsp;&nbsp;&nbsp;&nbsp; (332098)<br>|
| &nbsp;&nbsp;&nbsp; 10-Year Canadian Bond | &nbsp;&nbsp; 22 | &nbsp;&nbsp;&nbsp;&nbsp; 06/19/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1898 | &nbsp;&nbsp;&nbsp;&nbsp; (38171)<br>|
| &nbsp;&nbsp;&nbsp; Euro Stoxx Banks Index | &nbsp;&nbsp; 192 | &nbsp;&nbsp;&nbsp;&nbsp; 06/19/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2593 | &nbsp;&nbsp;&nbsp;&nbsp; (74416)<br>|
| &nbsp;&nbsp;&nbsp; Long Gilt | &nbsp;&nbsp; 26 | &nbsp;&nbsp;&nbsp;&nbsp; 06/26/26 | &nbsp;&nbsp;&nbsp;&nbsp; 3021 | &nbsp;&nbsp;&nbsp;&nbsp; (171585)<br>|
| &nbsp;&nbsp;&nbsp; 2-Year U.S. Treasury Note | &nbsp;&nbsp; 1656 | &nbsp;&nbsp;&nbsp;&nbsp; 06/30/26 | &nbsp;&nbsp;&nbsp;&nbsp; 343568 | &nbsp;&nbsp;&nbsp;&nbsp; (1468330)<br>|
| &nbsp;&nbsp;&nbsp; 3-Month SOFR | &nbsp;&nbsp; 88 | &nbsp;&nbsp;&nbsp;&nbsp; 03/14/28 | &nbsp;&nbsp;&nbsp;&nbsp; 21251 | &nbsp;&nbsp;&nbsp;&nbsp; (21985)<br>|
| &nbsp;&nbsp;&nbsp; 3-Month SOFR | &nbsp;&nbsp; 88 | &nbsp;&nbsp;&nbsp;&nbsp; 03/20/29 | &nbsp;&nbsp;&nbsp;&nbsp; 21229 | &nbsp;&nbsp;&nbsp;&nbsp; 4437 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; (4755993)<br>|
| Short Contracts  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; 30-Year Euro Buxl Bond | &nbsp;&nbsp; 19 | &nbsp;&nbsp;&nbsp;&nbsp; 06/08/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2421 | &nbsp;&nbsp;&nbsp;&nbsp; 28971 |
| &nbsp;&nbsp;&nbsp; Euro BTP | &nbsp;&nbsp; 18 | &nbsp;&nbsp;&nbsp;&nbsp; 06/08/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2419 | &nbsp;&nbsp;&nbsp;&nbsp; 83343 |
| &nbsp;&nbsp;&nbsp; Euro OAT | &nbsp;&nbsp; 7 | &nbsp;&nbsp;&nbsp;&nbsp; 06/08/26 | &nbsp;&nbsp;&nbsp;&nbsp; 960 | &nbsp;&nbsp;&nbsp;&nbsp; 23908 |
| &nbsp;&nbsp;&nbsp; 10-Year Japanese Government Treasury Bonds | &nbsp;&nbsp; 14 | &nbsp;&nbsp;&nbsp;&nbsp; 06/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 11495 | &nbsp;&nbsp;&nbsp;&nbsp; 146404 |
| &nbsp;&nbsp;&nbsp; 10-Year U.S. Treasury Note | &nbsp;&nbsp; 762 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | &nbsp;&nbsp;&nbsp;&nbsp; 84570 | &nbsp;&nbsp;&nbsp;&nbsp; 1469743 |
| &nbsp;&nbsp;&nbsp; 10-Year U.S. Ultra Long Treasury Note | &nbsp;&nbsp; 1543 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | &nbsp;&nbsp;&nbsp;&nbsp; 175034 | &nbsp;&nbsp;&nbsp;&nbsp; 3440866 |
| &nbsp;&nbsp;&nbsp; NASDAQ 100 E-Mini Index | &nbsp;&nbsp; 147 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | &nbsp;&nbsp;&nbsp;&nbsp; 70310 | &nbsp;&nbsp;&nbsp;&nbsp; 2874860 |
| &nbsp;&nbsp;&nbsp; S&P 500 E-Mini Index | &nbsp;&nbsp; 545 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | &nbsp;&nbsp;&nbsp;&nbsp; 179053 | &nbsp;&nbsp;&nbsp;&nbsp; 4598810 |
| &nbsp;&nbsp;&nbsp; Euro Stoxx 50 Index | &nbsp;&nbsp; 245 | &nbsp;&nbsp;&nbsp;&nbsp; 06/19/26 | &nbsp;&nbsp;&nbsp;&nbsp; 15561 | &nbsp;&nbsp;&nbsp;&nbsp; 411713 |
| &nbsp;&nbsp;&nbsp; 5-Year U.S. Treasury Note | &nbsp;&nbsp; 760 | &nbsp;&nbsp;&nbsp;&nbsp; 06/30/26 | &nbsp;&nbsp;&nbsp;&nbsp; 82211 | &nbsp;&nbsp;&nbsp;&nbsp; 178761 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; 13257379 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; $8501386 |

---

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

**Forward Foreign Currency Exchange Contracts** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| *Currency Purchased* | *Currency Purchased* | *Currency Sold* | *Currency Sold* | *Counterparty* | *Settlement Date* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Unrealized* <br>*Appreciation* <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(Depreciation)*<br>|
| USD | 200793 | EUR | 171331 | JPMorgan Chase Bank N.A. | 04/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $2629 |
| USD | 259004 | EUR | 221000 | JPMorgan Chase Bank N.A. | 04/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3392 |
| USD | 297437 | EUR | 253794 | JPMorgan Chase Bank N.A. | 04/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3895 |
| USD | 116826 | EUR | 99679 | Morgan Stanley & Co. International PLC | 04/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1536 |
| USD | 125525 | EUR | 107106 | Morgan Stanley & Co. International PLC | 04/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1645 |
| USD | 129648 | EUR | 110624 | Morgan Stanley & Co. International PLC | 04/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1699 |
| USD | 203573 | EUR | 173701 | Morgan Stanley & Co. International PLC | 04/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2668 |
| USD | 232697 | EUR | 198552 | Morgan Stanley & Co. International PLC | 04/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3049 |
| USD | 234324 | EUR | 199940 | Morgan Stanley & Co. International PLC | 04/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3070 |
| USD | 448345 | EUR | 382556 | Morgan Stanley & Co. International PLC | 04/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5875 |
| USD | 489645 | EUR | 417796 | Morgan Stanley & Co. International PLC | 04/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6416 |
| USD | 579795 | EUR | 494718 | Morgan Stanley & Co. International PLC | 04/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7597 |
| USD | 2014804 | EUR | 1719158 | Morgan Stanley & Co. International PLC | 04/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26401 |
| USD | 140572 | EUR | 119909 | State Street Bank and Trust Co. | 04/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1884 |
| BRL | 8340119 | USD | 1556457 | HSBC Bank PLC | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26822 |
| EUR | 3138800 | USD | 3629300 | Bank of America N.A. | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11289 |
| EUR | 1390464 | USD | 1605179 | Citibank N.A. | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7574 |
| EUR | 3302145 | USD | 3816067 | HSBC Bank PLC | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13981 |
| EUR | 4297240 | USD | 4972517 | Morgan Stanley & Co. International PLC | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11709 |
| EUR | 313796 | USD | 363646 | State Street Bank and Trust Co. | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 315 |
| EUR | 379799 | USD | 439732 | State Street Bank and Trust Co. | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 784 |
| EUR | 749889 | USD | 868110 | State Street Bank and Trust Co. | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1661 |
| JPY | 33233084 | USD | 210358 | Societe Generale | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 380 |
| JPY | 54325745 | USD | 343542 | Societe Generale | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 949 |
| JPY | 57269179 | USD | 361361 | Societe Generale | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1795 |
| USD | 240039 | AUD | 337505 | Deutsche Bank AG | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7436 |
| USD | 1199393 | AUD | 1683284 | Deutsche Bank AG | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 39301 |
| USD | 5847698 | AUD | 8206356 | Deutsche Bank AG | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 192008 |
| USD | 164725 | AUD | 233441 | JPMorgan Chase Bank N.A. | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3841 |
| USD | 10972008 | CAD | 14838101 | Societe Generale | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 270040 |
| USD | 204431 | CAD | 278430 | Toronto-Dominion Bank | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3614 |
| USD | 6825599 | CHF | 5255786 | UBS AG | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 197786 |
| USD | 3802822 | CNY | 26069071 | BNP Paribas SA | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8639 |
| USD | 9894684 | DKK | 63244277 | JPMorgan Chase Bank N.A. | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 73639 |
| USD | 2584661 | EUR | 2226122 | Bank of America N.A. | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2656 |
| USD | 5281040 | EUR | 4545000 | Bank of America N.A. | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9446 |
| USD | 85953235 | EUR | 73605179 | JPMorgan Chase Bank N.A. | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 581036 |
| USD | 147183460 | EUR | 126043970 | JPMorgan Chase Bank N.A. | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 989250 |
| USD | 1241197 | EUR | 1066992 | Morgan Stanley & Co. International PLC | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3629 |
| USD | 854958 | EUR | 735229 | Standard Chartered Bank | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2190 |
| USD | 195003 | EUR | 167376 | State Street Bank and Trust Co. | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 869 |
| USD | 892781 | EUR | 766181 | State Street Bank and Trust Co. | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4113 |
| USD | 1265199 | GBP | 951039 | Deutsche Bank AG | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6687 |
| USD | 1008838 | GBP | 755137 | JPMorgan Chase Bank N.A. | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9563 |
| USD | 8854327 | GBP | 6593745 | JPMorgan Chase Bank N.A. | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 128808 |
| USD | 42204648 | GBP | 31425699 | JPMorgan Chase Bank N.A. | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 618943 |
| USD | 259324 | GBP | 193596 | Morgan Stanley & Co. International PLC | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3137 |
| USD | 304431 | GBP | 228740 | Standard Chartered Bank | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1739 |
| USD | 409988 | GBP | 305457 | Standard Chartered Bank | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5776 |
| USD | 469220 | GBP | 350960 | State Street Bank and Trust Co. | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4793 |
| USD | 1133570 | GBP | 844317 | Toronto-Dominion Bank | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16283 |
| USD | 543812 | GBP | 410043 | UBS AG | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1201 |
| USD | 1046021 | GBP | 782717 | UBS AG | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10249 |
| USD | 1455811 | GBP | 1093456 | UBS AG | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8838 |
| USD | 12597542 | HKD | 98146050 | Goldman Sachs International | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31022 |
| USD | 298426 | JPY | 46686423 | BNP Paribas SA | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2378 |
| USD | 602150 | JPY | 94151766 | Deutsche Bank AG | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5114 |
| USD | 211262 | JPY | 33280913 | Societe Generale | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 221 |
| USD | 508937 | JPY | 79098588 | Societe Generale | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7356 |
| USD | 669095 | JPY | 105392912 | Societe Generale | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 776 |
| USD | 949530 | JPY | 148441206 | Societe Generale | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8233 |
| USD | 10248440 | JPY | 1604936109 | Toronto-Dominion Bank | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 71203 |

---

Consolidated Schedule of Investments

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

**Forward Foreign Currency Exchange Contracts (continued)**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| *Currency Purchased* | *Currency Purchased* | *Currency Sold* | *Currency Sold* | *Counterparty* | *Settlement Date* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Unrealized*<br> *Appreciation*<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(Depreciation)*<br>|
| USD | 15929766 | KRW | 23396365972 | BNP Paribas SA | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $343099 |
| USD | 1043613 | MXN | 18799123 | Citibank N.A. | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1174 |
| USD | 195295 | NOK | 1881150 | HSBC Bank PLC | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1129 |
| USD | 458563 | SEK | 4178345 | Barclays Bank PLC | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15495 |
| USD | 801226 | SEK | 7304357 | Morgan Stanley & Co. International PLC | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26678 |
| USD | 202704 | SGD | 256172 | State Street Bank and Trust Co. | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2396 |
| USD | 20676405 | TWD | 656889400 | UBS AG | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 235804 |
| USD | 765842 | ZAR | 12539216 | BNP Paribas SA | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29058 |
| USD | 771491 | AUD | 1080000 | Barclays Bank PLC | 06/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27186 |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4162847 |
| EUR | 13220 | USD | 15493 | Toronto-Dominion Bank | 04/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (203)<br>|
| AUD | 318906 | USD | 223875 | Toronto-Dominion Bank | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4090)<br>|
| AUD | 299396 | USD | 207067 | UBS AG | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (728)<br>|
| BRL | 44682511 | USD | 8483001 | Morgan Stanley & Co. International PLC | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (523)<br>|
| CAD | 11008077 | USD | 8141633 | BNP Paribas SA | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (202067)<br>|
| CHF | 12872 | USD | 16717 | Toronto-Dominion Bank | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (485)<br>|
| CHF | 69608 | USD | 89384 | UBS AG | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1604)<br>|
| CNH | 27643764 | USD | 4045325 | HSBC Bank PLC | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (10587)<br>|
| DKK | 6838535 | USD | 1069714 | Toronto-Dominion Bank | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7775)<br>|
| EUR | 16989301 | USD | 19838665 | JPMorgan Chase Bank N.A. | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (133340)<br>|
| EUR | 338536 | USD | 393983 | Morgan Stanley & Co. International PLC | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1326)<br>|
| EUR | 162951 | USD | 190619 | Toronto-Dominion Bank | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1618)<br>|
| EUR | 5934073 | USD | 6909062 | Toronto-Dominion Bank | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (26327)<br>|
| EUR | 893162 | USD | 1039647 | UBS AG | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3698)<br>|
| EUR | 932220 | USD | 1083956 | UBS AG | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2706)<br>|
| GBP | 140521 | USD | 187041 | HSBC Bank PLC | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1089)<br>|
| GBP | 4533864 | USD | 6089348 | JPMorgan Chase Bank N.A. | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (89675)<br>|
| GBP | 372262 | USD | 498292 | Societe Generale | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5676)<br>|
| GBP | 227696 | USD | 302972 | State Street Bank and Trust Co. | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1661)<br>|
| HKD | 872797 | USD | 111943 | HSBC Bank PLC | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (191)<br>|
| HKD | 1177793 | USD | 151199 | UBS AG | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (396)<br>|
| IDR | 7455623195 | USD | 441297 | Goldman Sachs International | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3066)<br>|
| INR | 74786626 | USD | 804668 | JPMorgan Chase Bank N.A. | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (15975)<br>|
| JPY | 3021780014 | USD | 19299860 | Deutsche Bank AG | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (138117)<br>|
| JPY | 49418668 | USD | 316095 | HSBC Bank PLC | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2721)<br>|
| JPY | 28059338 | USD | 178713 | Societe Generale | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (783)<br>|
| JPY | 88642212 | USD | 563096 | Societe Generale | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (998)<br>|
| MXN | 42036021 | USD | 2334686 | Bank of America N.A. | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3727)<br>|
| MXN | 109878455 | USD | 6200536 | State Street Bank and Trust Co. | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (107616)<br>|
| MXN | 28770585 | USD | 1622812 | Toronto-Dominion Bank | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (27442)<br>|
| TRY | 34066106 | USD | 708589 | Barclays Bank PLC | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4900)<br>|
| TRY | 34820842 | USD | 724287 | Barclays Bank PLC | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5009)<br>|
| USD | 3278000 | BRL | 17389790 | Citibank N.A. | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (23258)<br>|
| USD | 3377000 | BRL | 17953820 | UBS AG | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (31333)<br>|
| USD | 797181 | EUR | 691888 | Barclays Bank PLC | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5317)<br>|
| USD | 3717891 | EUR | 3218800 | BNP Paribas SA | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (15488)<br>|
| USD | 230499 | EUR | 199213 | Standard Chartered Bank | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (561)<br>|
| USD | 435618 | JPY | 68806804 | JPMorgan Chase Bank N.A. | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (700)<br>|
| USD | 246752 | JPY | 38941698 | Societe Generale | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (185)<br>|
| USD | 1043613 | ZAR | 17866341 | Morgan Stanley & Co. International PLC | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6184)<br>|
| ZAR | 39477206 | USD | 2334686 | Citibank N.A. | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (15070)<br>|
| ZAR | 30487406 | USD | 1859934 | State Street Bank and Trust Co. | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (68543)<br>|
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (972758)<br>|
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $3190089 |

---

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

**Exchange-Traded Options Purchased** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| *Description* | *Number of* <br>*Contracts*<br>| &nbsp;&nbsp; *Expiration* <br>*Date*<br>| *Exercise Price* | *Exercise Price* | &nbsp;&nbsp;&nbsp; *Notional* <br>*Amount (000)* | &nbsp;&nbsp;&nbsp; *Notional* <br>*Amount (000)* | *Value* |
| Call  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; InvesCo QQQ Trust, Series 1 | &nbsp;&nbsp; 153 | &nbsp;&nbsp;&nbsp;&nbsp; 04/10/26 | USD | 608.00 | USD | 8831 | &nbsp;&nbsp;&nbsp;&nbsp; $4966 |
| &nbsp;&nbsp;&nbsp; Amazon.com, Inc. | &nbsp;&nbsp; 277 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 215.00 | USD | 5769 | &nbsp;&nbsp;&nbsp;&nbsp; 92102 |
| &nbsp;&nbsp;&nbsp; Citizens Financial Group, Inc. | &nbsp;&nbsp; 58 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 65.00 | USD | 348 | &nbsp;&nbsp;&nbsp;&nbsp; 2030 |
| &nbsp;&nbsp;&nbsp; Delta Air Lines, Inc. | &nbsp;&nbsp; 371 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 75.00 | USD | 2466 | &nbsp;&nbsp;&nbsp;&nbsp; 31720 |
| &nbsp;&nbsp;&nbsp; EssilorLuxottica SA | &nbsp;&nbsp; 16 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | EUR | 280.00 | EUR | 323 | &nbsp;&nbsp;&nbsp;&nbsp; 277 |
| &nbsp;&nbsp;&nbsp; Home Depot, Inc. | &nbsp;&nbsp; 10 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 400.00 | USD | 329 | &nbsp;&nbsp;&nbsp;&nbsp; 105 |
| &nbsp;&nbsp;&nbsp; InvesCo QQQ Trust, Series 1 | &nbsp;&nbsp; 62 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 615.00 | USD | 3579 | &nbsp;&nbsp;&nbsp;&nbsp; 3319 |
| &nbsp;&nbsp;&nbsp; iShares Expanded Tech-Software Sector ETF | &nbsp;&nbsp; 210 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 90.00 | USD | 1681 | &nbsp;&nbsp;&nbsp;&nbsp; 2837 |
| &nbsp;&nbsp;&nbsp; iShares MSCI Emerging Markets ETF | &nbsp;&nbsp; 541 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 65.00 | USD | 3072 | &nbsp;&nbsp;&nbsp;&nbsp; 1399 |
| &nbsp;&nbsp;&nbsp; Lowe's Cos., Inc. | &nbsp;&nbsp; 17 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 300.00 | USD | 402 | &nbsp;&nbsp;&nbsp;&nbsp; 204 |
| &nbsp;&nbsp;&nbsp; Safran SA | &nbsp;&nbsp; 14 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | EUR | 350.00 | EUR | 391 | &nbsp;&nbsp;&nbsp;&nbsp; 251 |
| &nbsp;&nbsp;&nbsp; SPDR Gold Shares | &nbsp;&nbsp; 940 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 520.00 | USD | 40447 | &nbsp;&nbsp;&nbsp;&nbsp; 31837 |
| &nbsp;&nbsp;&nbsp; SPDR S&P 500 ETF Trust<sup>(a)</sup> | &nbsp;&nbsp; 171 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 700.00 | USD | 11121 | &nbsp;&nbsp;&nbsp;&nbsp; 1903 |
| &nbsp;&nbsp;&nbsp; United Airlines Holdings, Inc. | &nbsp;&nbsp; 13 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 115.00 | USD | 120 | &nbsp;&nbsp;&nbsp;&nbsp; 559 |
| &nbsp;&nbsp;&nbsp; Vertiv Holdings Co., Class A | &nbsp;&nbsp; 227 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 260.00 | USD | 5688 | &nbsp;&nbsp;&nbsp;&nbsp; 208840 |
| &nbsp;&nbsp;&nbsp; Walt Disney Co. | &nbsp;&nbsp; 232 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 110.00 | USD | 2236 | &nbsp;&nbsp;&nbsp;&nbsp; 2088 |
| &nbsp;&nbsp;&nbsp; Williams Cos., Inc. | &nbsp;&nbsp; 65 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 75.00 | USD | 473 | &nbsp;&nbsp;&nbsp;&nbsp; 6175 |
| &nbsp;&nbsp;&nbsp; Nikkei 225 Index | &nbsp;&nbsp; 5 | &nbsp;&nbsp;&nbsp;&nbsp; 05/08/26 | JPY | 56000.00 | JPY | 255319 | &nbsp;&nbsp;&nbsp;&nbsp; 18588 |
| &nbsp;&nbsp;&nbsp; Abbott Laboratories | &nbsp;&nbsp; 28 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 120.00 | USD | 287 | &nbsp;&nbsp;&nbsp;&nbsp; 686 |
| &nbsp;&nbsp;&nbsp; AbbVie, Inc. | &nbsp;&nbsp; 13 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 250.00 | USD | 283 | &nbsp;&nbsp;&nbsp;&nbsp; 1053 |
| &nbsp;&nbsp;&nbsp; Alphabet, Inc., Class C | &nbsp;&nbsp; 59 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 340.00 | USD | 1692 | &nbsp;&nbsp;&nbsp;&nbsp; 7051 |
| &nbsp;&nbsp;&nbsp; Amazon.com, Inc. | &nbsp;&nbsp; 33 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 235.00 | USD | 687 | &nbsp;&nbsp;&nbsp;&nbsp; 9883 |
| &nbsp;&nbsp;&nbsp; Apple, Inc. | &nbsp;&nbsp; 60 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 275.00 | USD | 1523 | &nbsp;&nbsp;&nbsp;&nbsp; 16650 |
| &nbsp;&nbsp;&nbsp; Bank of America Corp. | &nbsp;&nbsp; 63 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 50.00 | USD | 307 | &nbsp;&nbsp;&nbsp;&nbsp; 10836 |
| &nbsp;&nbsp;&nbsp; Boeing Co. | &nbsp;&nbsp; 14 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 235.00 | USD | 279 | &nbsp;&nbsp;&nbsp;&nbsp; 2177 |
| &nbsp;&nbsp;&nbsp; Broadcom, Inc. | &nbsp;&nbsp; 18 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 380.00 | USD | 557 | &nbsp;&nbsp;&nbsp;&nbsp; 3798 |
| &nbsp;&nbsp;&nbsp; Cameco Corp. | &nbsp;&nbsp; 27 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 125.00 | USD | 293 | &nbsp;&nbsp;&nbsp;&nbsp; 9720 |
| &nbsp;&nbsp;&nbsp; Caterpillar, Inc. | &nbsp;&nbsp; 4 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 780.00 | USD | 283 | &nbsp;&nbsp;&nbsp;&nbsp; 7330 |
| &nbsp;&nbsp;&nbsp; Cisco Systems, Inc. | &nbsp;&nbsp; 39 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 85.00 | USD | 303 | &nbsp;&nbsp;&nbsp;&nbsp; 4037 |
| &nbsp;&nbsp;&nbsp; CSX Corp. | &nbsp;&nbsp; 76 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 45.00 | USD | 312 | &nbsp;&nbsp;&nbsp;&nbsp; 3420 |
| &nbsp;&nbsp;&nbsp; Edwards Lifesciences Corp. | &nbsp;&nbsp; 36 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 95.00 | USD | 288 | &nbsp;&nbsp;&nbsp;&nbsp; 1890 |
| &nbsp;&nbsp;&nbsp; Eli Lilly & Co. | &nbsp;&nbsp; 7 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 1100.00 | USD | 644 | &nbsp;&nbsp;&nbsp;&nbsp; 5880 |
| &nbsp;&nbsp;&nbsp; Eli Lilly & Co. | &nbsp;&nbsp; 23 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 1000.00 | USD | 2115 | &nbsp;&nbsp;&nbsp;&nbsp; 62330 |
| &nbsp;&nbsp;&nbsp; GE Aerospace | &nbsp;&nbsp; 9 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 350.00 | USD | 255 | &nbsp;&nbsp;&nbsp;&nbsp; 1143 |
| &nbsp;&nbsp;&nbsp; GE Vernova, Inc. | &nbsp;&nbsp; 36 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 860.00 | USD | 3142 | &nbsp;&nbsp;&nbsp;&nbsp; 282060 |
| &nbsp;&nbsp;&nbsp; GE Vernova, Inc. | &nbsp;&nbsp; 4 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 930.00 | USD | 349 | &nbsp;&nbsp;&nbsp;&nbsp; 17940 |
| &nbsp;&nbsp;&nbsp; Home Depot, Inc. | &nbsp;&nbsp; 9 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 385.00 | USD | 296 | &nbsp;&nbsp;&nbsp;&nbsp; 572 |
| &nbsp;&nbsp;&nbsp; Honeywell International, Inc. | &nbsp;&nbsp; 13 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 260.00 | USD | 294 | &nbsp;&nbsp;&nbsp;&nbsp; 1170 |
| &nbsp;&nbsp;&nbsp; Intel Corp. | &nbsp;&nbsp; 64 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 52.50 | USD | 282 | &nbsp;&nbsp;&nbsp;&nbsp; 9472 |
| &nbsp;&nbsp;&nbsp; Intuitive Surgical, Inc. | &nbsp;&nbsp; 6 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 540.00 | USD | 277 | &nbsp;&nbsp;&nbsp;&nbsp; 2430 |
| &nbsp;&nbsp;&nbsp; iShares Expanded Tech-Software Sector ETF | &nbsp;&nbsp; 452 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 85.00 | USD | 3618 | &nbsp;&nbsp;&nbsp;&nbsp; 81549 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co. | &nbsp;&nbsp; 11 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 315.00 | USD | 324 | &nbsp;&nbsp;&nbsp;&nbsp; 4868 |
| &nbsp;&nbsp;&nbsp; Lam Research Corp. | &nbsp;&nbsp; 14 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 240.00 | USD | 299 | &nbsp;&nbsp;&nbsp;&nbsp; 14280 |
| &nbsp;&nbsp;&nbsp; Mastercard, Inc., Class A | &nbsp;&nbsp; 6 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 555.00 | USD | 300 | &nbsp;&nbsp;&nbsp;&nbsp; 2100 |
| &nbsp;&nbsp;&nbsp; McKesson Corp. | &nbsp;&nbsp; 3 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 1020.00 | USD | 260 | &nbsp;&nbsp;&nbsp;&nbsp; 1410 |
| &nbsp;&nbsp;&nbsp; Merck & Co., Inc. | &nbsp;&nbsp; 26 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 130.00 | USD | 313 | &nbsp;&nbsp;&nbsp;&nbsp; 5057 |
| &nbsp;&nbsp;&nbsp; Meta Platforms, Inc., Class A | &nbsp;&nbsp; 6 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 720.00 | USD | 343 | &nbsp;&nbsp;&nbsp;&nbsp; 1308 |
| &nbsp;&nbsp;&nbsp; Micron Technology, Inc. | &nbsp;&nbsp; 8 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 460.00 | USD | 270 | &nbsp;&nbsp;&nbsp;&nbsp; 3660 |
| &nbsp;&nbsp;&nbsp; Microsoft Corp. | &nbsp;&nbsp; 33 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 445.00 | USD | 1222 | &nbsp;&nbsp;&nbsp;&nbsp; 4125 |
| &nbsp;&nbsp;&nbsp; MongoDB, Inc., Class A | &nbsp;&nbsp; 11 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 300.00 | USD | 269 | &nbsp;&nbsp;&nbsp;&nbsp; 4730 |
| &nbsp;&nbsp;&nbsp; Netflix, Inc. | &nbsp;&nbsp; 32 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 105.00 | USD | 308 | &nbsp;&nbsp;&nbsp;&nbsp; 6912 |
| &nbsp;&nbsp;&nbsp; NVIDIA Corp. | &nbsp;&nbsp; 113 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 200.00 | USD | 1971 | &nbsp;&nbsp;&nbsp;&nbsp; 16441 |
| &nbsp;&nbsp;&nbsp; Oracle Corp. | &nbsp;&nbsp; 19 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 180.00 | USD | 280 | &nbsp;&nbsp;&nbsp;&nbsp; 3145 |
| &nbsp;&nbsp;&nbsp; Palantir Technologies Inc, Class A | &nbsp;&nbsp; 20 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 165.00 | USD | 293 | &nbsp;&nbsp;&nbsp;&nbsp; 10650 |
| &nbsp;&nbsp;&nbsp; Philip Morris International, Inc. | &nbsp;&nbsp; 18 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 185.00 | USD | 298 | &nbsp;&nbsp;&nbsp;&nbsp; 3285 |
| &nbsp;&nbsp;&nbsp; Rockwell Automation, Inc. | &nbsp;&nbsp; 37 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 370.00 | USD | 1328 | &nbsp;&nbsp;&nbsp;&nbsp; 61420 |
| &nbsp;&nbsp;&nbsp; SPDR Gold Shares | &nbsp;&nbsp; 1270 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 495.00 | USD | 54647 | &nbsp;&nbsp;&nbsp;&nbsp; 501367 |
| &nbsp;&nbsp;&nbsp; Tesla, Inc. | &nbsp;&nbsp; 9 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 450.00 | USD | 335 | &nbsp;&nbsp;&nbsp;&nbsp; 2880 |
| &nbsp;&nbsp;&nbsp; Thermo Fisher Scientific, Inc. | &nbsp;&nbsp; 6 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 540.00 | USD | 295 | &nbsp;&nbsp;&nbsp;&nbsp; 4620 |
| &nbsp;&nbsp;&nbsp; Trane Technologies PLC | &nbsp;&nbsp; 7 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 470.00 | USD | 292 | &nbsp;&nbsp;&nbsp;&nbsp; 2608 |
| &nbsp;&nbsp;&nbsp; UniCredit SpA | &nbsp;&nbsp; 9 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | EUR | 68.00 | EUR | 279 | &nbsp;&nbsp;&nbsp;&nbsp; 4668 |
| &nbsp;&nbsp;&nbsp; United Airlines Holdings, Inc. | &nbsp;&nbsp; 185 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 115.00 | USD | 1703 | &nbsp;&nbsp;&nbsp;&nbsp; 32837 |

---

Consolidated Schedule of Investments

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

**Exchange-Traded Options Purchased (continued)**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| *Description* | *Number of*<br> *Contracts*<br>| &nbsp;&nbsp; *Expiration*<br> *Date*<br>| *Exercise Price* | *Exercise Price* | &nbsp;&nbsp;&nbsp; *Notional*<br> *Amount (000)* | &nbsp;&nbsp;&nbsp; *Notional*<br> *Amount (000)* | *Value* |
| Call (continued) |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Vertiv Holdings Co., Class A | &nbsp;&nbsp; 11 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 300.00 | USD | 276 | &nbsp;&nbsp;&nbsp;&nbsp; $8662 |
| &nbsp;&nbsp;&nbsp; Vistra Corp. | &nbsp;&nbsp; 19 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 175.00 | USD | 286 | &nbsp;&nbsp;&nbsp;&nbsp; 8218 |
| &nbsp;&nbsp;&nbsp; Walmart, Inc. | &nbsp;&nbsp; 49 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 135.00 | USD | 609 | &nbsp;&nbsp;&nbsp;&nbsp; 5464 |
| &nbsp;&nbsp;&nbsp; Walt Disney Co. | &nbsp;&nbsp; 30 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 110.00 | USD | 289 | &nbsp;&nbsp;&nbsp;&nbsp; 2430 |
| &nbsp;&nbsp;&nbsp; Wells Fargo & Co. | &nbsp;&nbsp; 40 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 85.00 | USD | 318 | &nbsp;&nbsp;&nbsp;&nbsp; 7500 |
| &nbsp;&nbsp;&nbsp; Cheniere Energy, Inc. | &nbsp;&nbsp; 17 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 320.00 | USD | 482 | &nbsp;&nbsp;&nbsp;&nbsp; 15300 |
|  |  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1692222 |
| Put  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; SPDR Gold Shares | &nbsp;&nbsp; 752 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 380.00 | USD | 32358 | &nbsp;&nbsp;&nbsp;&nbsp; 141084 |
| &nbsp;&nbsp;&nbsp; Walmart, Inc. | &nbsp;&nbsp; 127 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 125.00 | USD | 1578 | &nbsp;&nbsp;&nbsp;&nbsp; 40322 |
| &nbsp;&nbsp;&nbsp; Micron Technology, Inc. | &nbsp;&nbsp; 45 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 380.00 | USD | 1520 | &nbsp;&nbsp;&nbsp;&nbsp; 260325 |
| &nbsp;&nbsp;&nbsp; NVIDIA Corp. | &nbsp;&nbsp; 317 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 170.00 | USD | 5528 | &nbsp;&nbsp;&nbsp;&nbsp; 336812 |
| &nbsp;&nbsp;&nbsp; ASML Holding NV | &nbsp;&nbsp; 23 | &nbsp;&nbsp;&nbsp;&nbsp; 06/19/26 | EUR | 1120.00 | EUR | 2574 | &nbsp;&nbsp;&nbsp;&nbsp; 281331 |
| &nbsp;&nbsp;&nbsp; NVIDIA Corp. | &nbsp;&nbsp; 363 | &nbsp;&nbsp;&nbsp;&nbsp; 07/17/26 | USD | 180.00 | USD | 6331 | &nbsp;&nbsp;&nbsp;&nbsp; 621637 |
|  |  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1681511 |
|  |  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; $3373733 |

---

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

<sup>(a)</sup> All or a portion of the security is held by a wholly-owned subsidiary.

**OTC Options Purchased** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Description* | *Counterparty* | *Number of* <br>*Contracts*<br>| *Expiration* <br>*Date*<br>| *Exercise Price* | *Exercise Price* | *Notional* <br>*Amount (000)* | *Notional* <br>*Amount (000)* | *Value* |
| Call  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; KOSPI 200 Index | JPMorgan Chase Bank N.A. | &nbsp;&nbsp; 12 | &nbsp;&nbsp; 05/14/26 | &nbsp;&nbsp; KRW | 870.00 | &nbsp;&nbsp; KRW | 2233710 | &nbsp;&nbsp; $31353 |
| Put  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; USD Currency | HSBC Bank PLC | &nbsp;&nbsp; — | &nbsp;&nbsp; 05/04/26 | &nbsp;&nbsp; IDR | 16400.00 | &nbsp;&nbsp; USD | 1270 | &nbsp;&nbsp; 202 |
|  |  |  |  |  |  |  |  | &nbsp;&nbsp; $31555 |

---

**OTC Interest Rate Swaptions Purchased** 

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Paid by the Trust | Paid by the Trust | Received by the Trust | Received by the Trust |  |  |  |  |  |  |
| *Description* | *Rate* | *Frequency* | *Rate* | *Frequency* | *Counterparty* | *Expiration* <br>*Date*<br>| *Exercise* <br>*Rate*<br>| &nbsp;&nbsp; *Notional* <br>*Amount (000)* | &nbsp;&nbsp; *Notional* <br>*Amount (000)* | *Value* |
| Call  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; 30-Year Interest Rate Swap, 05/02/56 | &nbsp;&nbsp; 1-day SOFR, <br> 3.68%<br>| Annual | 3.55% | Annual | Bank of America N.A. | 04/30/26 | 3.55<br> % <br>| USD | 13607 | $2228 |
| &nbsp;&nbsp;&nbsp; 1-Year Interest Rate Swap, 06/10/27 | &nbsp;&nbsp; 1-day SOFR, <br> 3.68%<br>| Annual | 3.00% | Annual | &nbsp;&nbsp;&nbsp; Goldman Sachs <br> International<br>| 06/08/26 | 3.00 | USD | 66223 | 18139 |
|  |  |  |  |  |  |  |  |  |  | $20367 |

---

**Exchange-Traded Options Written** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| *Description* | *Number of* <br>*Contracts*<br>| &nbsp;&nbsp; *Expiration* <br>*Date*<br>| *Exercise Price* | *Exercise Price* | &nbsp;&nbsp;&nbsp; *Notional* <br>*Amount (000)* | &nbsp;&nbsp;&nbsp; *Notional* <br>*Amount (000)* | *Value* |
| Call  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Delta Air Lines, Inc. | &nbsp;&nbsp; 371 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 90.00 | USD | 2466 | &nbsp;&nbsp;&nbsp;&nbsp; $(8904)<br>|
| &nbsp;&nbsp;&nbsp; iShares MSCI Emerging Markets ETF | &nbsp;&nbsp; 541 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 70.00 | USD | 3072 | &nbsp;&nbsp;&nbsp;&nbsp; (66)<br>|
| &nbsp;&nbsp;&nbsp; Safran SA | &nbsp;&nbsp; 14 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | EUR | 380.00 | EUR | 391 | &nbsp;&nbsp;&nbsp;&nbsp; (518)<br>|
| &nbsp;&nbsp;&nbsp; SPDR Gold Shares | &nbsp;&nbsp; 940 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 545.00 | USD | 40447 | &nbsp;&nbsp;&nbsp;&nbsp; (17062)<br>|
| &nbsp;&nbsp;&nbsp; Vertiv Holdings Co., Class A | &nbsp;&nbsp; 227 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 310.00 | USD | 5688 | &nbsp;&nbsp;&nbsp;&nbsp; (12826)<br>|
| &nbsp;&nbsp;&nbsp; Vertiv Holdings Co., Class A | &nbsp;&nbsp; 18 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 290.00 | USD | 451 | &nbsp;&nbsp;&nbsp;&nbsp; (4005)<br>|
| &nbsp;&nbsp;&nbsp; Walmart, Inc. | &nbsp;&nbsp; 127 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 140.00 | USD | 1578 | &nbsp;&nbsp;&nbsp;&nbsp; (889)<br>|
| &nbsp;&nbsp;&nbsp; Eli Lilly & Co. | &nbsp;&nbsp; 23 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 1080.00 | USD | 2115 | &nbsp;&nbsp;&nbsp;&nbsp; (24955)<br>|
| &nbsp;&nbsp;&nbsp; GE Vernova, Inc. | &nbsp;&nbsp; 30 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 1000.00 | USD | 2619 | &nbsp;&nbsp;&nbsp;&nbsp; (69750)<br>|
| &nbsp;&nbsp;&nbsp; SPDR Gold Shares | &nbsp;&nbsp; 1270 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 570.00 | USD | 54647 | &nbsp;&nbsp;&nbsp;&nbsp; (96012)<br>|
| &nbsp;&nbsp;&nbsp; NVIDIA Corp. | &nbsp;&nbsp; 317 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 210.00 | USD | 5528 | &nbsp;&nbsp;&nbsp;&nbsp; (81627)<br>|

---

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

**Exchange-Traded Options Written (continued)**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| *Description* | *Number of*<br> *Contracts*<br>| &nbsp;&nbsp; *Expiration*<br> *Date*<br>| *Exercise Price* | *Exercise Price* | &nbsp;&nbsp;&nbsp; *Notional*<br> *Amount (000)* | &nbsp;&nbsp;&nbsp; *Notional*<br> *Amount (000)* | *Value* |
| Call (continued) |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; ASML Holding NV | &nbsp;&nbsp; 34 | &nbsp;&nbsp;&nbsp;&nbsp; 06/19/26 | EUR | 1480.00 | EUR | 3805 | &nbsp;&nbsp;&nbsp;&nbsp; $(54232)<br>|
| &nbsp;&nbsp;&nbsp; NVIDIA Corp. | &nbsp;&nbsp; 330 | &nbsp;&nbsp;&nbsp;&nbsp; 09/18/26 | USD | 240.00 | USD | 5755 | &nbsp;&nbsp;&nbsp;&nbsp; (108075)<br>|
|  |  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; (478921)<br>|
| Put  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Boston Scientific Corp. | &nbsp;&nbsp; 102 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 75.00 | USD | 640 | &nbsp;&nbsp;&nbsp;&nbsp; (128010)<br>|
| &nbsp;&nbsp;&nbsp; Citizens Financial Group, Inc. | &nbsp;&nbsp; 58 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 57.50 | USD | 348 | &nbsp;&nbsp;&nbsp;&nbsp; (5945)<br>|
| &nbsp;&nbsp;&nbsp; Delta Air Lines, Inc. | &nbsp;&nbsp; 371 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 65.00 | USD | 2466 | &nbsp;&nbsp;&nbsp;&nbsp; (108146)<br>|
| &nbsp;&nbsp;&nbsp; EssilorLuxottica SA | &nbsp;&nbsp; 14 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | EUR | 240.00 | EUR | 278 | &nbsp;&nbsp;&nbsp;&nbsp; (66823)<br>|
| &nbsp;&nbsp;&nbsp; Home Depot, Inc. | &nbsp;&nbsp; 10 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 355.00 | USD | 329 | &nbsp;&nbsp;&nbsp;&nbsp; (27050)<br>|
| &nbsp;&nbsp;&nbsp; InvesCo QQQ Trust, Series 1 | &nbsp;&nbsp; 62 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 580.00 | USD | 3579 | &nbsp;&nbsp;&nbsp;&nbsp; (81600)<br>|
| &nbsp;&nbsp;&nbsp; iShares Expanded Tech-Software Sector ETF | &nbsp;&nbsp; 412 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 72.00 | USD | 3298 | &nbsp;&nbsp;&nbsp;&nbsp; (22237)<br>|
| &nbsp;&nbsp;&nbsp; iShares MSCI Emerging Markets ETF | &nbsp;&nbsp; 541 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 59.00 | USD | 3072 | &nbsp;&nbsp;&nbsp;&nbsp; (158476)<br>|
| &nbsp;&nbsp;&nbsp; Lowe's Cos., Inc. | &nbsp;&nbsp; 17 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 260.00 | USD | 402 | &nbsp;&nbsp;&nbsp;&nbsp; (40885)<br>|
| &nbsp;&nbsp;&nbsp; Safran SA | &nbsp;&nbsp; 14 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | EUR | 310.00 | EUR | 391 | &nbsp;&nbsp;&nbsp;&nbsp; (52235)<br>|
| &nbsp;&nbsp;&nbsp; SPDR S&P 500 ETF Trust<sup>(a)</sup> | &nbsp;&nbsp; 192 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 640.00 | USD | 12487 | &nbsp;&nbsp;&nbsp;&nbsp; (158063)<br>|
| &nbsp;&nbsp;&nbsp; SPDR S&P 500 ETF Trust<sup>(a)</sup> | &nbsp;&nbsp; 355 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 645.00 | USD | 23087 | &nbsp;&nbsp;&nbsp;&nbsp; (347966)<br>|
| &nbsp;&nbsp;&nbsp; United Airlines Holdings, Inc. | &nbsp;&nbsp; 13 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 95.00 | USD | 120 | &nbsp;&nbsp;&nbsp;&nbsp; (9425)<br>|
| &nbsp;&nbsp;&nbsp; Walt Disney Co. | &nbsp;&nbsp; 232 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 95.00 | USD | 2236 | &nbsp;&nbsp;&nbsp;&nbsp; (38976)<br>|
| &nbsp;&nbsp;&nbsp; Williams Cos., Inc. | &nbsp;&nbsp; 128 | &nbsp;&nbsp;&nbsp;&nbsp; 04/17/26 | USD | 65.00 | USD | 932 | &nbsp;&nbsp;&nbsp;&nbsp; (2560)<br>|
| &nbsp;&nbsp;&nbsp; Nikkei 225 Index | &nbsp;&nbsp; 5 | &nbsp;&nbsp;&nbsp;&nbsp; 05/08/26 | JPY | 50000.00 | JPY | 255319 | &nbsp;&nbsp;&nbsp;&nbsp; (63640)<br>|
| &nbsp;&nbsp;&nbsp; AbbVie, Inc. | &nbsp;&nbsp; 36 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 185.00 | USD | 783 | &nbsp;&nbsp;&nbsp;&nbsp; (6822)<br>|
| &nbsp;&nbsp;&nbsp; Alphabet, Inc., Class C | &nbsp;&nbsp; 48 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 260.00 | USD | 1377 | &nbsp;&nbsp;&nbsp;&nbsp; (25560)<br>|
| &nbsp;&nbsp;&nbsp; Alphabet, Inc., Class C | &nbsp;&nbsp; 39 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 265.00 | USD | 1119 | &nbsp;&nbsp;&nbsp;&nbsp; (25545)<br>|
| &nbsp;&nbsp;&nbsp; Amazon.com, Inc. | &nbsp;&nbsp; 108 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 185.00 | USD | 2249 | &nbsp;&nbsp;&nbsp;&nbsp; (44550)<br>|
| &nbsp;&nbsp;&nbsp; Apollo Global Management, Inc. | &nbsp;&nbsp; 59 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 105.00 | USD | 657 | &nbsp;&nbsp;&nbsp;&nbsp; (30090)<br>|
| &nbsp;&nbsp;&nbsp; Apple, Inc. | &nbsp;&nbsp; 44 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 235.00 | USD | 1117 | &nbsp;&nbsp;&nbsp;&nbsp; (19690)<br>|
| &nbsp;&nbsp;&nbsp; Boston Scientific Corp. | &nbsp;&nbsp; 99 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 65.00 | USD | 621 | &nbsp;&nbsp;&nbsp;&nbsp; (47025)<br>|
| &nbsp;&nbsp;&nbsp; Boston Scientific Corp. | &nbsp;&nbsp; 102 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 70.00 | USD | 640 | &nbsp;&nbsp;&nbsp;&nbsp; (84150)<br>|
| &nbsp;&nbsp;&nbsp; Broadcom, Inc. | &nbsp;&nbsp; 46 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 250.00 | USD | 1424 | &nbsp;&nbsp;&nbsp;&nbsp; (16560)<br>|
| &nbsp;&nbsp;&nbsp; Citigroup, Inc. | &nbsp;&nbsp; 66 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 100.00 | USD | 749 | &nbsp;&nbsp;&nbsp;&nbsp; (14619)<br>|
| &nbsp;&nbsp;&nbsp; Costco Wholesale Corp. | &nbsp;&nbsp; 8 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 860.00 | USD | 797 | &nbsp;&nbsp;&nbsp;&nbsp; (2700)<br>|
| &nbsp;&nbsp;&nbsp; CRH PLC | &nbsp;&nbsp; 65 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 105.00 | USD | 683 | &nbsp;&nbsp;&nbsp;&nbsp; (35425)<br>|
| &nbsp;&nbsp;&nbsp; D.R. Horton, Inc. | &nbsp;&nbsp; 49 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 135.00 | USD | 672 | &nbsp;&nbsp;&nbsp;&nbsp; (35525)<br>|
| &nbsp;&nbsp;&nbsp; Delta Air Lines, Inc. | &nbsp;&nbsp; 114 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 60.00 | USD | 758 | &nbsp;&nbsp;&nbsp;&nbsp; (26448)<br>|
| &nbsp;&nbsp;&nbsp; Edwards Lifesciences Corp. | &nbsp;&nbsp; 97 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 70.00 | USD | 777 | &nbsp;&nbsp;&nbsp;&nbsp; (10913)<br>|
| &nbsp;&nbsp;&nbsp; Eli Lilly & Co. | &nbsp;&nbsp; 23 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 840.00 | USD | 2115 | &nbsp;&nbsp;&nbsp;&nbsp; (61410)<br>|
| &nbsp;&nbsp;&nbsp; Exxon Mobil Corp. | &nbsp;&nbsp; 54 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 125.00 | USD | 916 | &nbsp;&nbsp;&nbsp;&nbsp; (1998)<br>|
| &nbsp;&nbsp;&nbsp; Fifth Third Bancorp | &nbsp;&nbsp; 143 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 45.00 | USD | 664 | &nbsp;&nbsp;&nbsp;&nbsp; (23953)<br>|
| &nbsp;&nbsp;&nbsp; Freeport-McMoRan, Inc. | &nbsp;&nbsp; 126 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 50.00 | USD | 741 | &nbsp;&nbsp;&nbsp;&nbsp; (18522)<br>|
| &nbsp;&nbsp;&nbsp; GE Aerospace | &nbsp;&nbsp; 26 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 260.00 | USD | 738 | &nbsp;&nbsp;&nbsp;&nbsp; (19695)<br>|
| &nbsp;&nbsp;&nbsp; GE Vernova, Inc. | &nbsp;&nbsp; 36 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 700.00 | USD | 3142 | &nbsp;&nbsp;&nbsp;&nbsp; (59760)<br>|
| &nbsp;&nbsp;&nbsp; GE Vernova, Inc. | &nbsp;&nbsp; 6 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 780.00 | USD | 524 | &nbsp;&nbsp;&nbsp;&nbsp; (19770)<br>|
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group, Inc. | &nbsp;&nbsp; 8 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 760.00 | USD | 677 | &nbsp;&nbsp;&nbsp;&nbsp; (14420)<br>|
| &nbsp;&nbsp;&nbsp; Home Depot, Inc. | &nbsp;&nbsp; 20 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 325.00 | USD | 658 | &nbsp;&nbsp;&nbsp;&nbsp; (23150)<br>|
| &nbsp;&nbsp;&nbsp; Intuitive Surgical, Inc. | &nbsp;&nbsp; 17 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 400.00 | USD | 784 | &nbsp;&nbsp;&nbsp;&nbsp; (11730)<br>|
| &nbsp;&nbsp;&nbsp; iShares Expanded Tech-Software Sector ETF | &nbsp;&nbsp; 452 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 70.00 | USD | 3618 | &nbsp;&nbsp;&nbsp;&nbsp; (53623)<br>|
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co. | &nbsp;&nbsp; 25 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 270.00 | USD | 735 | &nbsp;&nbsp;&nbsp;&nbsp; (13688)<br>|
| &nbsp;&nbsp;&nbsp; MercadoLibre, Inc. | &nbsp;&nbsp; 4 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 1700.00 | USD | 692 | &nbsp;&nbsp;&nbsp;&nbsp; (39120)<br>|
| &nbsp;&nbsp;&nbsp; Meta Platforms, Inc., Class A | &nbsp;&nbsp; 12 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 570.00 | USD | 687 | &nbsp;&nbsp;&nbsp;&nbsp; (39840)<br>|
| &nbsp;&nbsp;&nbsp; Micron Technology, Inc. | &nbsp;&nbsp; 68 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 270.00 | USD | 2297 | &nbsp;&nbsp;&nbsp;&nbsp; (57460)<br>|
| &nbsp;&nbsp;&nbsp; Microsoft Corp. | &nbsp;&nbsp; 24 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 350.00 | USD | 888 | &nbsp;&nbsp;&nbsp;&nbsp; (23400)<br>|
| &nbsp;&nbsp;&nbsp; MongoDB, Inc., Class A | &nbsp;&nbsp; 24 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 250.00 | USD | 587 | &nbsp;&nbsp;&nbsp;&nbsp; (50640)<br>|
| &nbsp;&nbsp;&nbsp; Rockwell Automation, Inc. | &nbsp;&nbsp; 69 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 320.00 | USD | 2476 | &nbsp;&nbsp;&nbsp;&nbsp; (58995)<br>|
| &nbsp;&nbsp;&nbsp; SPDR Gold Shares | &nbsp;&nbsp; 726 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 425.00 | USD | 31239 | &nbsp;&nbsp;&nbsp;&nbsp; (1242077)<br>|
| &nbsp;&nbsp;&nbsp; SPDR S&P 500 ETF Trust<sup>(a)</sup> | &nbsp;&nbsp; 52 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 635.00 | USD | 3382 | &nbsp;&nbsp;&nbsp;&nbsp; (67689)<br>|
| &nbsp;&nbsp;&nbsp; Tesla, Inc. | &nbsp;&nbsp; 37 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 330.00 | USD | 1375 | &nbsp;&nbsp;&nbsp;&nbsp; (33207)<br>|
| &nbsp;&nbsp;&nbsp; Tesla, Inc. | &nbsp;&nbsp; 19 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 320.00 | USD | 706 | &nbsp;&nbsp;&nbsp;&nbsp; (13348)<br>|
| &nbsp;&nbsp;&nbsp; Uber Technologies, Inc. | &nbsp;&nbsp; 104 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 60.00 | USD | 748 | &nbsp;&nbsp;&nbsp;&nbsp; (9984)<br>|
| &nbsp;&nbsp;&nbsp; UniCredit SpA | &nbsp;&nbsp; 9 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | EUR | 56.00 | EUR | 274 | &nbsp;&nbsp;&nbsp;&nbsp; (13133)<br>|
| &nbsp;&nbsp;&nbsp; United Airlines Holdings, Inc. | &nbsp;&nbsp; 185 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 100.00 | USD | 1703 | &nbsp;&nbsp;&nbsp;&nbsp; (232637)<br>|
| &nbsp;&nbsp;&nbsp; United Airlines Holdings, Inc. | &nbsp;&nbsp; 73 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 87.50 | USD | 672 | &nbsp;&nbsp;&nbsp;&nbsp; (43435)<br>|

---

Consolidated Schedule of Investments

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

**Exchange-Traded Options Written (continued)**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| *Description* | *Number of*<br> *Contracts*<br>| &nbsp;&nbsp; *Expiration*<br> *Date*<br>| *Exercise Price* | *Exercise Price* | &nbsp;&nbsp;&nbsp; *Notional*<br> *Amount (000)* | &nbsp;&nbsp;&nbsp; *Notional*<br> *Amount (000)* | *Value* |
| Put (continued) |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Walmart, Inc. | &nbsp;&nbsp; 61 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 110.00 | USD | 758 | &nbsp;&nbsp;&nbsp;&nbsp; $(6131)<br>|
| &nbsp;&nbsp;&nbsp; Walt Disney Co. | &nbsp;&nbsp; 73 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 95.00 | USD | 704 | &nbsp;&nbsp;&nbsp;&nbsp; (28288)<br>|
| &nbsp;&nbsp;&nbsp; Wells Fargo & Co. | &nbsp;&nbsp; 84 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | USD | 80.00 | USD | 669 | &nbsp;&nbsp;&nbsp;&nbsp; (36540)<br>|
| &nbsp;&nbsp;&nbsp; Abbott Laboratories | &nbsp;&nbsp; 28 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 95.00 | USD | 287 | &nbsp;&nbsp;&nbsp;&nbsp; (7462)<br>|
| &nbsp;&nbsp;&nbsp; AbbVie, Inc. | &nbsp;&nbsp; 13 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 195.00 | USD | 283 | &nbsp;&nbsp;&nbsp;&nbsp; (6305)<br>|
| &nbsp;&nbsp;&nbsp; Alphabet, Inc., Class C | &nbsp;&nbsp; 59 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 260.00 | USD | 1692 | &nbsp;&nbsp;&nbsp;&nbsp; (48085)<br>|
| &nbsp;&nbsp;&nbsp; Amazon.com, Inc. | &nbsp;&nbsp; 33 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 180.00 | USD | 687 | &nbsp;&nbsp;&nbsp;&nbsp; (16170)<br>|
| &nbsp;&nbsp;&nbsp; Apollo Global Management, Inc. | &nbsp;&nbsp; 219 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 105.00 | USD | 2440 | &nbsp;&nbsp;&nbsp;&nbsp; (152205)<br>|
| &nbsp;&nbsp;&nbsp; Apple, Inc. | &nbsp;&nbsp; 60 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 220.00 | USD | 1523 | &nbsp;&nbsp;&nbsp;&nbsp; (23850)<br>|
| &nbsp;&nbsp;&nbsp; Bank of America Corp. | &nbsp;&nbsp; 141 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 45.00 | USD | 687 | &nbsp;&nbsp;&nbsp;&nbsp; (20657)<br>|
| &nbsp;&nbsp;&nbsp; Bank of America Corp. | &nbsp;&nbsp; 63 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 40.00 | USD | 307 | &nbsp;&nbsp;&nbsp;&nbsp; (4032)<br>|
| &nbsp;&nbsp;&nbsp; Boeing Co. | &nbsp;&nbsp; 14 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 180.00 | USD | 279 | &nbsp;&nbsp;&nbsp;&nbsp; (9030)<br>|
| &nbsp;&nbsp;&nbsp; Broadcom, Inc. | &nbsp;&nbsp; 18 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 280.00 | USD | 557 | &nbsp;&nbsp;&nbsp;&nbsp; (27765)<br>|
| &nbsp;&nbsp;&nbsp; Cameco Corp. | &nbsp;&nbsp; 70 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 85.00 | USD | 760 | &nbsp;&nbsp;&nbsp;&nbsp; (20160)<br>|
| &nbsp;&nbsp;&nbsp; Cameco Corp. | &nbsp;&nbsp; 91 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 90.00 | USD | 988 | &nbsp;&nbsp;&nbsp;&nbsp; (37082)<br>|
| &nbsp;&nbsp;&nbsp; Cameco Corp. | &nbsp;&nbsp; 27 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 95.00 | USD | 293 | &nbsp;&nbsp;&nbsp;&nbsp; (14918)<br>|
| &nbsp;&nbsp;&nbsp; Cameco Corp. | &nbsp;&nbsp; 100 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 80.00 | USD | 1086 | &nbsp;&nbsp;&nbsp;&nbsp; (19800)<br>|
| &nbsp;&nbsp;&nbsp; Capital One Financial Corp. | &nbsp;&nbsp; 35 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 190.00 | USD | 639 | &nbsp;&nbsp;&nbsp;&nbsp; (62475)<br>|
| &nbsp;&nbsp;&nbsp; Caterpillar, Inc. | &nbsp;&nbsp; 4 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 600.00 | USD | 283 | &nbsp;&nbsp;&nbsp;&nbsp; (7670)<br>|
| &nbsp;&nbsp;&nbsp; Cheniere Energy, Inc. | &nbsp;&nbsp; 17 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 260.00 | USD | 482 | &nbsp;&nbsp;&nbsp;&nbsp; (17765)<br>|
| &nbsp;&nbsp;&nbsp; Cisco Systems, Inc. | &nbsp;&nbsp; 96 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 70.00 | USD | 745 | &nbsp;&nbsp;&nbsp;&nbsp; (19824)<br>|
| &nbsp;&nbsp;&nbsp; Cisco Systems, Inc. | &nbsp;&nbsp; 39 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 65.00 | USD | 303 | &nbsp;&nbsp;&nbsp;&nbsp; (4719)<br>|
| &nbsp;&nbsp;&nbsp; CSX Corp. | &nbsp;&nbsp; 76 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 35.00 | USD | 312 | &nbsp;&nbsp;&nbsp;&nbsp; (4370)<br>|
| &nbsp;&nbsp;&nbsp; Edwards Lifesciences Corp. | &nbsp;&nbsp; 36 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 70.00 | USD | 288 | &nbsp;&nbsp;&nbsp;&nbsp; (5760)<br>|
| &nbsp;&nbsp;&nbsp; Eli Lilly & Co. | &nbsp;&nbsp; 7 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 900.00 | USD | 644 | &nbsp;&nbsp;&nbsp;&nbsp; (41510)<br>|
| &nbsp;&nbsp;&nbsp; Eli Lilly & Co. | &nbsp;&nbsp; 7 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 850.00 | USD | 644 | &nbsp;&nbsp;&nbsp;&nbsp; (28367)<br>|
| &nbsp;&nbsp;&nbsp; Estee Lauder Cos., Inc., Class A | &nbsp;&nbsp; 184 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 85.00 | USD | 1321 | &nbsp;&nbsp;&nbsp;&nbsp; (299000)<br>|
| &nbsp;&nbsp;&nbsp; GE Aerospace | &nbsp;&nbsp; 9 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 260.00 | USD | 255 | &nbsp;&nbsp;&nbsp;&nbsp; (9900)<br>|
| &nbsp;&nbsp;&nbsp; GE Vernova, Inc. | &nbsp;&nbsp; 14 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 700.00 | USD | 1222 | &nbsp;&nbsp;&nbsp;&nbsp; (37450)<br>|
| &nbsp;&nbsp;&nbsp; Hilton Worldwide Holdings, Inc. | &nbsp;&nbsp; 26 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 260.00 | USD | 791 | &nbsp;&nbsp;&nbsp;&nbsp; (12870)<br>|
| &nbsp;&nbsp;&nbsp; Home Depot, Inc. | &nbsp;&nbsp; 9 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 300.00 | USD | 296 | &nbsp;&nbsp;&nbsp;&nbsp; (7943)<br>|
| &nbsp;&nbsp;&nbsp; Honeywell International, Inc. | &nbsp;&nbsp; 13 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 200.00 | USD | 294 | &nbsp;&nbsp;&nbsp;&nbsp; (4485)<br>|
| &nbsp;&nbsp;&nbsp; Intel Corp. | &nbsp;&nbsp; 64 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 36.00 | USD | 282 | &nbsp;&nbsp;&nbsp;&nbsp; (11296)<br>|
| &nbsp;&nbsp;&nbsp; Intel Corp. | &nbsp;&nbsp; 513 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 35.00 | USD | 2264 | &nbsp;&nbsp;&nbsp;&nbsp; (77463)<br>|
| &nbsp;&nbsp;&nbsp; Intuitive Surgical, Inc. | &nbsp;&nbsp; 6 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 420.00 | USD | 277 | &nbsp;&nbsp;&nbsp;&nbsp; (9000)<br>|
| &nbsp;&nbsp;&nbsp; iShares Expanded Tech-Software Sector ETF | &nbsp;&nbsp; 210 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 75.00 | USD | 1681 | &nbsp;&nbsp;&nbsp;&nbsp; (61212)<br>|
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co. | &nbsp;&nbsp; 11 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 245.00 | USD | 324 | &nbsp;&nbsp;&nbsp;&nbsp; (4235)<br>|
| &nbsp;&nbsp;&nbsp; Lam Research Corp. | &nbsp;&nbsp; 38 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 155.00 | USD | 812 | &nbsp;&nbsp;&nbsp;&nbsp; (23655)<br>|
| &nbsp;&nbsp;&nbsp; Lam Research Corp. | &nbsp;&nbsp; 14 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 170.00 | USD | 299 | &nbsp;&nbsp;&nbsp;&nbsp; (12740)<br>|
| &nbsp;&nbsp;&nbsp; Lam Research Corp. | &nbsp;&nbsp; 47 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 165.00 | USD | 1004 | &nbsp;&nbsp;&nbsp;&nbsp; (36895)<br>|
| &nbsp;&nbsp;&nbsp; Mastercard, Inc., Class A | &nbsp;&nbsp; 6 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 430.00 | USD | 300 | &nbsp;&nbsp;&nbsp;&nbsp; (4395)<br>|
| &nbsp;&nbsp;&nbsp; McKesson Corp. | &nbsp;&nbsp; 3 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 800.00 | USD | 260 | &nbsp;&nbsp;&nbsp;&nbsp; (6975)<br>|
| &nbsp;&nbsp;&nbsp; Merck & Co., Inc. | &nbsp;&nbsp; 26 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 100.00 | USD | 313 | &nbsp;&nbsp;&nbsp;&nbsp; (4017)<br>|
| &nbsp;&nbsp;&nbsp; Meta Platforms, Inc., Class A | &nbsp;&nbsp; 6 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 550.00 | USD | 343 | &nbsp;&nbsp;&nbsp;&nbsp; (18915)<br>|
| &nbsp;&nbsp;&nbsp; Micron Technology, Inc. | &nbsp;&nbsp; 8 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 320.00 | USD | 270 | &nbsp;&nbsp;&nbsp;&nbsp; (25960)<br>|
| &nbsp;&nbsp;&nbsp; Micron Technology, Inc. | &nbsp;&nbsp; 21 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 270.00 | USD | 709 | &nbsp;&nbsp;&nbsp;&nbsp; (30765)<br>|
| &nbsp;&nbsp;&nbsp; Microsoft Corp. | &nbsp;&nbsp; 33 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 345.00 | USD | 1222 | &nbsp;&nbsp;&nbsp;&nbsp; (39187)<br>|
| &nbsp;&nbsp;&nbsp; MongoDB, Inc., Class A | &nbsp;&nbsp; 11 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 210.00 | USD | 269 | &nbsp;&nbsp;&nbsp;&nbsp; (17325)<br>|
| &nbsp;&nbsp;&nbsp; Netflix, Inc. | &nbsp;&nbsp; 32 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 80.00 | USD | 308 | &nbsp;&nbsp;&nbsp;&nbsp; (5440)<br>|
| &nbsp;&nbsp;&nbsp; NVIDIA Corp. | &nbsp;&nbsp; 138 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 150.00 | USD | 2407 | &nbsp;&nbsp;&nbsp;&nbsp; (64170)<br>|
| &nbsp;&nbsp;&nbsp; NVIDIA Corp. | &nbsp;&nbsp; 317 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 140.00 | USD | 5528 | &nbsp;&nbsp;&nbsp;&nbsp; (92564)<br>|
| &nbsp;&nbsp;&nbsp; NVIDIA Corp. | &nbsp;&nbsp; 113 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 155.00 | USD | 1971 | &nbsp;&nbsp;&nbsp;&nbsp; (65257)<br>|
| &nbsp;&nbsp;&nbsp; Oracle Corp. | &nbsp;&nbsp; 19 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 130.00 | USD | 280 | &nbsp;&nbsp;&nbsp;&nbsp; (15865)<br>|
| &nbsp;&nbsp;&nbsp; Palantir Technologies Inc, Class A | &nbsp;&nbsp; 20 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 125.00 | USD | 293 | &nbsp;&nbsp;&nbsp;&nbsp; (12700)<br>|
| &nbsp;&nbsp;&nbsp; Philip Morris International, Inc. | &nbsp;&nbsp; 18 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 140.00 | USD | 298 | &nbsp;&nbsp;&nbsp;&nbsp; (4365)<br>|
| &nbsp;&nbsp;&nbsp; SPDR S&P 500 ETF Trust<sup>(a)</sup> | &nbsp;&nbsp; 166 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 625.00 | USD | 10796 | &nbsp;&nbsp;&nbsp;&nbsp; (260980)<br>|
| &nbsp;&nbsp;&nbsp; SPDR S&P 500 ETF Trust<sup>(a)</sup> | &nbsp;&nbsp; 144 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 610.00 | USD | 9365 | &nbsp;&nbsp;&nbsp;&nbsp; (178398)<br>|
| &nbsp;&nbsp;&nbsp; Tesla, Inc. | &nbsp;&nbsp; 9 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 335.00 | USD | 335 | &nbsp;&nbsp;&nbsp;&nbsp; (13883)<br>|
| &nbsp;&nbsp;&nbsp; Thermo Fisher Scientific, Inc. | &nbsp;&nbsp; 6 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 420.00 | USD | 295 | &nbsp;&nbsp;&nbsp;&nbsp; (4800)<br>|
| &nbsp;&nbsp;&nbsp; Trane Technologies PLC | &nbsp;&nbsp; 7 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 370.00 | USD | 292 | &nbsp;&nbsp;&nbsp;&nbsp; (6125)<br>|
| &nbsp;&nbsp;&nbsp; VanEck Vectors Semiconductor ETF | &nbsp;&nbsp; 63 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 320.00 | USD | 2415 | &nbsp;&nbsp;&nbsp;&nbsp; (53676)<br>|
| &nbsp;&nbsp;&nbsp; Vertex Pharmaceuticals, Inc. | &nbsp;&nbsp; 17 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 380.00 | USD | 759 | &nbsp;&nbsp;&nbsp;&nbsp; (11560)<br>|

---

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

**Exchange-Traded Options Written (continued)**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| *Description* | *Number of*<br> *Contracts*<br>| &nbsp;&nbsp; *Expiration*<br> *Date*<br>| *Exercise Price* | *Exercise Price* | &nbsp;&nbsp;&nbsp; *Notional*<br> *Amount (000)* | &nbsp;&nbsp;&nbsp; *Notional*<br> *Amount (000)* | *Value* |
| Put (continued) |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Vertiv Holdings Co., Class A | &nbsp;&nbsp; 11 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 220.00 | USD | 276 | &nbsp;&nbsp;&nbsp;&nbsp; $(18453)<br>|
| &nbsp;&nbsp;&nbsp; Vertiv Holdings Co., Class A | &nbsp;&nbsp; 31 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 200.00 | USD | 777 | &nbsp;&nbsp;&nbsp;&nbsp; (32472)<br>|
| &nbsp;&nbsp;&nbsp; Vistra Corp. | &nbsp;&nbsp; 19 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 130.00 | USD | 286 | &nbsp;&nbsp;&nbsp;&nbsp; (13633)<br>|
| &nbsp;&nbsp;&nbsp; Walmart, Inc. | &nbsp;&nbsp; 49 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 110.00 | USD | 609 | &nbsp;&nbsp;&nbsp;&nbsp; (10731)<br>|
| &nbsp;&nbsp;&nbsp; Walt Disney Co. | &nbsp;&nbsp; 30 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 85.00 | USD | 289 | &nbsp;&nbsp;&nbsp;&nbsp; (5760)<br>|
| &nbsp;&nbsp;&nbsp; Wells Fargo & Co. | &nbsp;&nbsp; 40 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | USD | 65.00 | USD | 318 | &nbsp;&nbsp;&nbsp;&nbsp; (5120)<br>|
| &nbsp;&nbsp;&nbsp; ASML Holding NV | &nbsp;&nbsp; 34 | &nbsp;&nbsp;&nbsp;&nbsp; 06/19/26 | EUR | 920.00 | EUR | 3805 | &nbsp;&nbsp;&nbsp;&nbsp; (130178)<br>|
| &nbsp;&nbsp;&nbsp; NVIDIA Corp. | &nbsp;&nbsp; 544 | &nbsp;&nbsp;&nbsp;&nbsp; 07/17/26 | USD | 140.00 | USD | 9487 | &nbsp;&nbsp;&nbsp;&nbsp; (212160)<br>|
| &nbsp;&nbsp;&nbsp; Alphabet, Inc., Class C | &nbsp;&nbsp; 55 | &nbsp;&nbsp;&nbsp;&nbsp; 09/18/26 | USD | 210.00 | USD | 1578 | &nbsp;&nbsp;&nbsp;&nbsp; (23650)<br>|
| &nbsp;&nbsp;&nbsp; Amazon.com, Inc. | &nbsp;&nbsp; 74 | &nbsp;&nbsp;&nbsp;&nbsp; 09/18/26 | USD | 155.00 | USD | 1541 | &nbsp;&nbsp;&nbsp;&nbsp; (31265)<br>|
| &nbsp;&nbsp;&nbsp; Broadcom, Inc. | &nbsp;&nbsp; 48 | &nbsp;&nbsp;&nbsp;&nbsp; 09/18/26 | USD | 280.00 | USD | 1486 | &nbsp;&nbsp;&nbsp;&nbsp; (121200)<br>|
| &nbsp;&nbsp;&nbsp; Broadcom, Inc. | &nbsp;&nbsp; 51 | &nbsp;&nbsp;&nbsp;&nbsp; 09/18/26 | USD | 210.00 | USD | 1579 | &nbsp;&nbsp;&nbsp;&nbsp; (36210)<br>|
| &nbsp;&nbsp;&nbsp; NVIDIA Corp. | &nbsp;&nbsp; 76 | &nbsp;&nbsp;&nbsp;&nbsp; 09/18/26 | USD | 150.00 | USD | 1325 | &nbsp;&nbsp;&nbsp;&nbsp; (68970)<br>|
| &nbsp;&nbsp;&nbsp; NVIDIA Corp. | &nbsp;&nbsp; 92 | &nbsp;&nbsp;&nbsp;&nbsp; 09/18/26 | USD | 125.00 | USD | 1604 | &nbsp;&nbsp;&nbsp;&nbsp; (34500)<br>|
| &nbsp;&nbsp;&nbsp; Taiwan Semiconductor Manufacturing Co., Ltd., ADR | &nbsp;&nbsp; 46 | &nbsp;&nbsp;&nbsp;&nbsp; 09/18/26 | USD | 240.00 | USD | 1555 | &nbsp;&nbsp;&nbsp;&nbsp; (37030)<br>|
|  |  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; (6982081)<br>|
|  |  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; $(7461002)<br>|

---

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

<sup>(a)</sup> All or a portion of the security is held by a wholly-owned subsidiary.

**OTC Options Written** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Description* | *Counterparty* | &nbsp;&nbsp; *Number of* <br>*Contracts*<br>| &nbsp;&nbsp; *Expiration* <br>*Date*<br>| *Exercise Price* | *Exercise Price* | *Notional* <br>*Amount (000)* | *Notional* <br>*Amount (000)* | *Value* |
| Call  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; USD Currency | Bank of America N.A. |  | 05/04/26 | ZAR | 16.74 | &nbsp;&nbsp; USD | 3388 | &nbsp;&nbsp; $(86360)<br>|
| &nbsp;&nbsp;&nbsp; USD Currency | Barclays Bank PLC |  | 05/04/26 | BRL | 5.65 | &nbsp;&nbsp; USD | 3386 | &nbsp;&nbsp; (9309)<br>|
| &nbsp;&nbsp;&nbsp; USD Currency | Morgan Stanley & Co. International PLC |  | 05/04/26 | MXN | 18.05 | &nbsp;&nbsp; USD | 3386 | &nbsp;&nbsp; (47176)<br>|
| &nbsp;&nbsp;&nbsp; EUR Currency | Deutsche Bank AG |  | 05/15/26 | MXN | 20.55 | &nbsp;&nbsp; EUR | 1639 | &nbsp;&nbsp; (37968)<br>|
| &nbsp;&nbsp;&nbsp; USD Currency | HSBC Bank PLC |  | 05/15/26 | ZAR | 17.50 | &nbsp;&nbsp; USD | 1230 | &nbsp;&nbsp; (15063)<br>|
| &nbsp;&nbsp;&nbsp; USD Currency | HSBC Bank PLC |  | 05/15/26 | CLP | 905.00 | &nbsp;&nbsp; USD | 820 | &nbsp;&nbsp; (28476)<br>|
| &nbsp;&nbsp;&nbsp; USD Currency | Morgan Stanley & Co. International PLC |  | 06/29/26 | BRL | 5.35 | &nbsp;&nbsp; USD | 2060 | &nbsp;&nbsp; (48832)<br>|
|  |  |  |  |  |  |  |  | &nbsp;&nbsp; (273184)<br>|
| Put  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; USD Currency | Barclays Bank PLC |  | 05/04/26 | BRL | 5.15 | &nbsp;&nbsp; USD | 3386 | &nbsp;&nbsp; (36261)<br>|
| &nbsp;&nbsp;&nbsp; USD Currency | Barclays Bank PLC |  | 05/04/26 | IDR | 16400.00 | &nbsp;&nbsp; USD | 1270 | &nbsp;&nbsp; (202)<br>|
| &nbsp;&nbsp;&nbsp; USD Currency | Barclays Bank PLC |  | 05/04/26 | COP | 3520.00 | &nbsp;&nbsp; USD | 847 | &nbsp;&nbsp; (1290)<br>|
| &nbsp;&nbsp;&nbsp; KOSPI 200 Index | JPMorgan Chase Bank N.A. | 12 | 05/14/26 | KRW | 750.00 | &nbsp;&nbsp; KRW | 2233710 | &nbsp;&nbsp; (114868)<br>|
| &nbsp;&nbsp;&nbsp; USD Currency | Morgan Stanley & Co. International PLC |  | 05/14/26 | ZAR | 16.30 | &nbsp;&nbsp; USD | 4107 | &nbsp;&nbsp; (21758)<br>|
| &nbsp;&nbsp;&nbsp; USD Currency | UBS AG |  | 05/14/26 | MXN | 17.55 | &nbsp;&nbsp; USD | 4098 | &nbsp;&nbsp; (25654)<br>|
| &nbsp;&nbsp;&nbsp; EUR Currency | Deutsche Bank AG |  | 05/15/26 | MXN | 20.55 | &nbsp;&nbsp; EUR | 1639 | &nbsp;&nbsp; (12498)<br>|
| &nbsp;&nbsp;&nbsp; USD Currency | HSBC Bank PLC |  | 05/15/26 | CLP | 905.00 | &nbsp;&nbsp; USD | 820 | &nbsp;&nbsp; (10273)<br>|
| &nbsp;&nbsp;&nbsp; USD Currency | Morgan Stanley & Co. International PLC |  | 06/29/26 | BRL | 5.35 | &nbsp;&nbsp; USD | 2060 | &nbsp;&nbsp; (73901)<br>|
| &nbsp;&nbsp;&nbsp; SK Hynix, Inc. | Morgan Stanley & Co. International PLC | 9044 | 09/10/26 | KRW | 800000.00 | &nbsp;&nbsp; KRW | 7298508 | &nbsp;&nbsp; (991895)<br>|
|  |  |  |  |  |  |  |  | &nbsp;&nbsp; (1288600)<br>|
|  |  |  |  |  |  |  |  | &nbsp;&nbsp; $(1561784)<br>|

---

Consolidated Schedule of Investments

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

**OTC Credit Default Swaptions Written** 

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | *Paid by the Trust* | *Received by the Trust* |  |  |  |  |  |  |  |  |
| *Description* | *Rate/Reference* | *Rate/Reference* | *Frequency* | *Counterparty* | *Expiration* <br>*Date*<br>| *Credit* <br>*Rating*<sup>(a)</sup> <br>| *Exercise* <br>*Price*<br>| *Notional* <br>*Amount (000)*<sup>(b)</sup>  | *Notional* <br>*Amount (000)*<sup>(b)</sup>  | *Value* |
| Call |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bought Protection on 5-Year <br> Credit Default Swap, <br> 12/20/30<br>| iTraxx.XO.44.V1 | 5.00% | Quarterly | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; JPMorgan Chase <br> Bank N.A.<br>| 06/17/26 |  | EUR 300.00 | EUR | 3209 | $(29831)<br>|
| Put |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sold Protection on 5-Year Credit <br> Default Swap, 12/20/30<br>| iTraxx.XO.44.V1 | 5.00% | Quarterly | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; JPMorgan Chase <br> Bank N.A.<br>| 06/17/26 | N/R | EUR 300.00 | EUR | 3209 | (83050)<br>|
|  |  |  |  |  |  |  |  |  |  | $(112881)<br>|

---

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

<sup>(a)</sup> Using the rating of the issuer or the underlying securities of the index, as applicable, provided by S&P Global Ratings.

<sup>(b)</sup> The maximum potential amount the Trust may pay should a negative credit event take place as defined under the terms of the agreement.

**OTC Interest Rate Swaptions Written** 

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Paid by the Trust | Paid by the Trust | Received by the Trust | Received by the Trust |  |  |  |  |  |  |
| *Description* | *Rate* | *Frequency* | *Rate* | *Frequency* | *Counterparty* | *Expiration* <br>*Date*<br>| *Exercise* <br>*Rate*<br>| &nbsp;&nbsp; *Notional* <br>*Amount (000)* | &nbsp;&nbsp; *Notional* <br>*Amount (000)* | *Value* |
| Call  |  |  |  |  |  |  |  |  |  |  |
| 30-Year Interest Rate Swap, 05/02/56 | 3.25% | Annual | 1-day SOFR, <br> 3.68%<br>| Annual | Bank of America N.A. | 04/30/26 | 3.25<br> % <br>| USD | 13607 | $(232)<br>|
| 1-Year Interest Rate Swap, 06/10/27 | 2.50% | Annual | 1-day SOFR, <br> 3.68%<br>| Annual | &nbsp;&nbsp; Goldman Sachs <br> International<br>| 06/08/26 | 2.50 | USD | 66223 | (5519)<br>|
| 10-Year Interest Rate Swap, 12/18/36 | 3.20% | Annual | 1-day SOFR, <br> 3.68%<br>| Annual | Citibank N.A. | 12/16/26 | 3.20 | USD | 5212 | (27515)<br>|
|  |  |  |  |  |  |  |  |  |  | (33266)<br>|
| Put  |  |  |  |  |  |  |  |  |  |  |
| 10-Year Interest Rate Swap, 04/25/36 | &nbsp;&nbsp; 6-mo. <br> EURIBOR, <br> 2.48%<br>| Semi-Annual | 2.94% | Annual | &nbsp;&nbsp; JPMorgan Chase <br> Bank N.A.<br>| 04/23/26 | 2.94 | EUR | 13198 | (220743)<br>|
| 1-Year Interest Rate Swap, 06/10/27 | &nbsp;&nbsp; 1-day SOFR, <br> 3.68%<br>| Annual | 3.50% | Annual | &nbsp;&nbsp; Goldman Sachs <br> International<br>| 06/08/26 | 3.50 | USD | 66223 | (194566)<br>|
| 2-Year Interest Rate Swap, 08/05/28 | &nbsp;&nbsp; 1-day SOFR, <br> 3.68%<br>| Annual | 3.70% | Annual | &nbsp;&nbsp; Morgan Stanley & Co. <br> International PLC<br>| 08/03/26 | 3.70 | USD | 50890 | (199310)<br>|
| 2-Year Interest Rate Swap, 09/16/28 | &nbsp;&nbsp; 1-day SOFR, <br> 3.68%<br>| Annual | 3.80% | Annual | Deutsche Bank AG | 09/14/26 | 3.80 | USD | 50220 | (187495)<br>|
| 2-Year Interest Rate Swap, 10/23/28 | &nbsp;&nbsp; 1-day SOFR, <br> 3.68%<br>| Annual | 3.85% | Annual | &nbsp;&nbsp; Goldman Sachs <br> International<br>| 10/21/26 | 3.85 | USD | 60310 | (229439)<br>|
| 10-Year Interest Rate Swap, 12/18/36 | &nbsp;&nbsp; 1-day SOFR, <br> 3.68%<br>| Annual | 4.60% | Annual | Citibank N.A. | 12/16/26 | 4.60 | USD | 2606 | (18048)<br>|
| 2-Year Interest Rate Swap, 09/22/29 | &nbsp;&nbsp; 1-day SOFR, <br> 3.68%<br>| Annual | 4.30% | Annual | &nbsp;&nbsp; Goldman Sachs <br> International<br>| 09/20/27 | 4.30 | USD | 72339 | (281676)<br>|
| 2-Year Interest Rate Swap, 12/10/29 | &nbsp;&nbsp; 1-day SOFR, <br> 3.68%<br>| Annual | 4.00% | Annual | &nbsp;&nbsp; Nomura International <br> PLC<br>| 12/08/27 | 4.00 | USD | 27884 | (164177)<br>|
| 2-Year Interest Rate Swap, 12/18/29 | &nbsp;&nbsp; 1-day SOFR, <br> 3.68%<br>| Annual | 4.50% | Annual | Deutsche Bank AG | 12/16/27 | 4.50 | USD | 42042 | (150705)<br>|
|  |  |  |  |  |  |  |  |  |  | (1646159)<br>|
|  |  |  |  |  |  |  |  |  |  | $(1679425)<br>|

---

**Centrally Cleared Credit Default Swaps — Buy Protection** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Reference Obligation/Index* | *Financing* <br>*Rate Paid* <br>*by the Trust*<br>| &nbsp;&nbsp; *Payment* <br>*Frequency*<br>| &nbsp;&nbsp; *Termination* <br>*Date*<br>| &nbsp;&nbsp;&nbsp; *Notional* <br>*Amount (000)* | &nbsp;&nbsp;&nbsp; *Notional* <br>*Amount (000)* | *Value* | &nbsp;&nbsp; *Upfront* <br>*Premium* <br>*Paid* <br>&nbsp;&nbsp;&nbsp;&nbsp;*(Received)*<br>| &nbsp;&nbsp; *Unrealized* <br>*Appreciation* <br>&nbsp;&nbsp;&nbsp;&nbsp;*(Depreciation)*<br>|
| CDX.NA.HY.44.V2 | 5.00<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; Quarterly | &nbsp;&nbsp;&nbsp;&nbsp; 06/20/30 | USD | 4174 | &nbsp;&nbsp;&nbsp;&nbsp; $(250483)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $(248120)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $(2363)<br>|
| CDX.NA.HY.45.V2 | 5.00 | &nbsp;&nbsp;&nbsp;&nbsp; Quarterly | &nbsp;&nbsp;&nbsp;&nbsp; 12/20/30 | USD | 1388 | &nbsp;&nbsp;&nbsp;&nbsp; (75494)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (87381)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 11887 |
| iTraxx.XO.45.V1 | 5.00 | &nbsp;&nbsp;&nbsp;&nbsp; Quarterly | &nbsp;&nbsp;&nbsp;&nbsp; 06/20/31 | EUR | 9079 | &nbsp;&nbsp;&nbsp;&nbsp; (673910)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (664733)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (9177)<br>|
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; $(999887)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $(1000234)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $347 |

---

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

**Centrally Cleared Credit Default Swaps — Sell Protection** 

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Reference Obligation/Index* | *Financing* <br>*Rate Received* <br>*by the Trust*<br>| &nbsp;&nbsp;&nbsp; *Payment* <br>*Frequency*<br>| &nbsp;&nbsp;&nbsp; *Termination* <br>*Date*<br>| &nbsp;&nbsp;&nbsp; *Credit* <br>*Rating*<sup>(a)</sup> <br>| &nbsp;&nbsp;&nbsp; *Notional* <br>*Amount (000)*<sup>(b)</sup>  | &nbsp;&nbsp;&nbsp; *Notional* <br>*Amount (000)*<sup>(b)</sup>  | *Value* | &nbsp;&nbsp; *Upfront* <br>*Premium* <br>*Paid* <br>*(Received)*<br>| &nbsp;&nbsp; *Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>|
| CDX.NA.HY.41.V2 | 5.00<br> % <br>| Quarterly | 12/20/28 | B- | USD | 3368 | &nbsp;&nbsp;&nbsp; $177648 | &nbsp;&nbsp;&nbsp; $58602 | &nbsp;&nbsp;&nbsp; $119046 |
| iTraxx.XO.42.V4 | 5.00 | Quarterly | 12/20/29 | CCC | EUR | 22763 | &nbsp;&nbsp;&nbsp; 1927961 | &nbsp;&nbsp;&nbsp; 1509189 | &nbsp;&nbsp;&nbsp; 418772 |
| iTraxx.XO.43.V3 | 5.00 | Quarterly | 06/20/30 | CCC+ | EUR | 938 | &nbsp;&nbsp;&nbsp; 86729 | &nbsp;&nbsp;&nbsp; 78470 | &nbsp;&nbsp;&nbsp; 8259 |
|  |  |  |  |  |  |  | &nbsp;&nbsp;&nbsp; $2192338 | &nbsp;&nbsp;&nbsp; $1646261 | &nbsp;&nbsp;&nbsp; $546077 |

---

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

<sup>(a)</sup> Using the rating of the issuer or the underlying securities of the index, as applicable, provided by S&P Global Ratings.

<sup>(b)</sup> The maximum potential amount the Trust may pay should a negative credit event take place as defined under the terms of the agreement.

**Centrally Cleared Interest Rate Swaps** 

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Paid by the Trust | Paid by the Trust | Received by the Trust | Received by the Trust | *Effective* <br>*Date* | &nbsp;&nbsp; *Termination* <br>*Date* | *Notional* <br>*Amount (000)* | *Notional* <br>*Amount (000)* | *Value* | *Upfront* <br>*Premium* <br>*Paid* <br>*(Received)* | *Unrealized* <br>*Appreciation* <br>*(Depreciation)* |
| *Rate* | *Frequency* | *Rate* | *Frequency* | *Effective* <br>*Date* | &nbsp;&nbsp; *Termination* <br>*Date* | *Notional* <br>*Amount (000)* | *Notional* <br>*Amount (000)* | *Value* | *Upfront* <br>*Premium* <br>*Paid* <br>*(Received)* | *Unrealized* <br>*Appreciation* <br>*(Depreciation)* |
| 1-day SOFR, 3.68% | Annual | 4.40% | Annual | N/A | 04/08/26 | USD | 43825 | $113067 | $2 | $113065 |
| 1-day SOFR, 3.68% | Annual | 4.45% | Annual | N/A | 04/09/26 | USD | 16044 | 49889 | 1 | 49888 |
| 1-day SOFR, 3.68% | Annual | 4.05% | Annual | N/A | 04/18/26 | USD | 25216 | (19590)<br>| 3 | (19593)<br>|
| 1-day SOFR, 3.68% | Annual | 4.30% | Annual | N/A | 04/24/26 | USD | 30249 | 56762 | 4 | 56758 |
| 1-day SOFR, 3.68% | Annual | 4.50% | Annual | N/A | 05/08/26 | USD | 25254 | 105489 | 6 | 105483 |
| 1-day SOFR, 3.68% | Annual | 4.35% | Annual | N/A | 07/22/26 | USD | 11267 | 45536 | 8 | 45528 |
| 4.69% | Annual | 1-day SOFR, 3.68% | Annual | N/A | 10/02/26 | USD | 115533 | (1010177)<br>| (4338)<br>| (1005839)<br>|
| 1-day SOFR, 3.68% | At Termination | 4.17% | At Termination | N/A | 10/23/26 | USD | 19696 | 76889 | 20 | 76869 |
| 1-day SOFR, 3.68% | At Termination | 4.21% | At Termination | N/A | 10/27/26 | USD | 39419 | 173181 | 41 | 173140 |
| 1-day SOFR, 3.68% | Annual | 4.00% | Annual | N/A | 10/28/26 | USD | 39747 | 91439 | 53 | 91386 |
| 1-day SOFR, 3.68% | Annual | 4.07% | Annual | N/A | 01/14/27 | USD | 36165 | 126345 | 66 | 126279 |
| 1-day SOFR, 3.68% | Annual | 3.47% | Annual | N/A | 03/10/27 | USD | 9910 | (23157)<br>| 21 | (23178)<br>|
| 1-day MIBOR, 6.98% | Semi-Annual | 6.34% | Semi-Annual | N/A | 03/20/27 | INR | 203365 | 5185 | 16 | 5169 |
| 1-day SOFR, 3.68% | Annual | 4.10% | Annual | N/A | 05/30/27 | USD | 30153 | 132044 | 79 | 131965 |
| 1-day SOFR, 3.68% | Annual | 4.15% | Annual | N/A | 05/30/27 | USD | 30153 | 161845 | 84 | 161761 |
| 1-day SOFR, 3.68% | Annual | 3.30% | Annual | N/A | 10/23/27 | USD | 7036 | (57024)<br>| 25 | (57049)<br>|
| 1-day SOFR, 3.68% | Annual | 4.20% | Annual | N/A | 10/23/27 | USD | 10250 | 97480 | 37 | 97443 |
| 1-day SOFR, 3.68% | Annual | 3.92% | Annual | N/A | 11/03/27 | USD | 4880 | 21078 | 18 | 21060 |
| 1-day SOFR, 3.68% | Annual | 3.95% | Annual | N/A | 11/03/27 | USD | 4880 | 23935 | 18 | 23917 |
| 1-day SOFR, 3.68% | Annual | 3.99% | Annual | N/A | 11/03/27 | USD | 9761 | 54535 | 36 | 54499 |
| 1-day SOFR, 3.68% | Annual | 4.07% | Annual | N/A | 11/03/27 | USD | 19787 | 143444 | 72 | 143372 |
| 1-day SOFR, 3.68% | Annual | 3.86% | Annual | N/A | 11/10/27 | USD | 20267 | 66608 | 75 | 66533 |
| 1-day SOFR, 3.68% | At Termination | 3.23% | At Termination | 12/11/26 <br><sup>(a)</sup><br>| 12/11/27 | USD | 32850 | (122799)<br>| 59 | (122858)<br>|
| 1-day SOFR, 3.68% | Annual | 3.48% | Annual | N/A | 01/23/28 | USD | 27289 | (91779)<br>| 107 | (91886)<br>|
| 3.45% | Annual | 1-day SOFR, 3.68% | Annual | N/A | 01/26/28 | USD | 24493 | 98439 | 97 | 98342 |
| 1-day SOFR, 3.68% | Annual | 4.00% | Annual | N/A | 01/26/28 | USD | 24493 | 162244 | 97 | 162147 |
| 3.27% | Annual | 1-day SOFR, 3.68% | Annual | N/A | 02/05/28 | USD | 24747 | 181922 | 99 | 181823 |
| 1-day SOFR, 3.68% | Annual | 3.87% | Annual | N/A | 02/05/28 | USD | 24747 | 105876 | 99 | 105777 |
| 1-day SONIA, 3.73% | At Termination | 3.18% | At Termination | 02/10/27 <br><sup>(a)</sup><br>| 02/10/28 | GBP | 42829 | (596575)<br>| 262 | (596837)<br>|
| 1.32% | Annual | &nbsp;&nbsp;&nbsp; Tokyo Overnight Average <br> Rate, 0.73%<br>| Annual | N/A | 03/30/28 | JPY | 491226 | 2187 | 15 | 2172 |
| 1.32% | Annual | &nbsp;&nbsp;&nbsp; Tokyo Overnight Average <br> Rate, 0.73%<br>| Annual | N/A | 03/30/28 | JPY | 483502 | 2286 | 14 | 2272 |
| 1.34% | Annual | &nbsp;&nbsp;&nbsp; Tokyo Overnight Average <br> Rate, 0.73%<br>| Annual | N/A | 03/30/28 | JPY | 486151 | 1108 | 14 | 1094 |
| 1.38% | Annual | &nbsp;&nbsp;&nbsp; Tokyo Overnight Average <br> Rate, 0.73%<br>| Annual | N/A | 03/30/28 | JPY | 448965 | (1428)<br>| 15 | (1443)<br>|
| 1.39% | Annual | &nbsp;&nbsp;&nbsp; Tokyo Overnight Average <br> Rate, 0.73%<br>| Annual | N/A | 03/30/28 | JPY | 486379 | (1907)<br>| 14 | (1921)<br>|
| 1-day SONIA, 3.73% | Annual | 4.86% | Annual | N/A | 06/20/28 | GBP | 6480 | 168000 | (10)<br>| 168010 |
| 1-day SOFR, 3.68% | Annual | 3.50% | Annual | N/A | 08/20/28 | USD | 22532 | (122422)<br>| 80 | (122502)<br>|
| 1-day SOFR, 3.68% | Annual | 4.42% | Annual | N/A | 10/02/28 | USD | 81301 | 1811251 | 10174 | 1801077 |
| 1-day SOFR, 3.68% | Annual | 4.40% | Annual | N/A | 10/31/28 | USD | 13191 | 292875 | 68 | 292807 |
| 1-day SONIA, 3.73% | Annual | 4.12% | Annual | N/A | 11/17/28 | GBP | 6091 | (12100)<br>| 157 | (12257)<br>|
| 1-day SONIA, 3.73% | Annual | 4.12% | Annual | N/A | 11/21/28 | GBP | 6085 | (11957)<br>| 160 | (12117)<br>|
| 1-day SOFR, 3.68% | Annual | 3.25% | Annual | 12/15/26 <br><sup>(a)</sup><br>| 12/15/28 | USD | 21232 | (117159)<br>| 97 | (117256)<br>|

---

Consolidated Schedule of Investments

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

**Centrally Cleared Interest Rate Swaps (continued)**

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Paid by the Trust | Paid by the Trust | Received by the Trust | Received by the Trust | *Effective*<br> *Date* | &nbsp;&nbsp; *Termination*<br> *Date* | *Notional*<br> *Amount (000)* | *Notional*<br> *Amount (000)* | *Value* | *Upfront*<br> *Premium*<br> *Paid*<br> *(Received)* | *Unrealized*<br> *Appreciation*<br> *(Depreciation)* |
| *Rate* | *Frequency* | *Rate* | *Frequency* | *Effective*<br> *Date* | &nbsp;&nbsp; *Termination*<br> *Date* | *Notional*<br> *Amount (000)* | *Notional*<br> *Amount (000)* | *Value* | *Upfront*<br> *Premium*<br> *Paid*<br> *(Received)* | *Unrealized*<br> *Appreciation*<br> *(Depreciation)* |
| 6-mo. EURIBOR, 2.48% | Semi-Annual | 3.00% | Annual | N/A | 03/05/29 | EUR | 15660 | $114855 | $100 | $114755 |
| 1-day MIBOR, 6.98% | Semi-Annual | 6.26% | Semi-Annual | N/A | 03/20/29 | INR | 62930 | (5552)<br>| 8 | (5560)<br>|
| 1-day MIBOR, 6.98% | Semi-Annual | 6.30% | Semi-Annual | N/A | 03/20/29 | INR | 76915 | (5969)<br>| 10 | (5979)<br>|
| 1-day SOFR, 3.68% | Annual | 3.79% | Annual | N/A | 03/29/29 | USD | 35313 | 204670 | 199 | 204471 |
| 1-day SOFR, 3.68% | Annual | 4.00% | Annual | N/A | 04/08/29 | USD | 21208 | 218461 | 124 | 218337 |
| 1-day SOFR, 3.68% | Annual | 4.05% | Annual | N/A | 04/09/29 | USD | 16044 | 196386 | 94 | 196292 |
| 1-day SOFR, 3.68% | Annual | 4.00% | Annual | N/A | 04/18/29 | USD | 25216 | 264970 | 149 | 264821 |
| 1-day SOFR, 3.68% | Annual | 4.00% | Annual | N/A | 04/24/29 | USD | 12604 | 134337 | 75 | 134262 |
| 6-mo. EURIBOR, 2.48% | Semi-Annual | 2.90% | Annual | N/A | 04/30/29 | EUR | 17653 | 398655 | 115 | 398540 |
| 1-day SOFR, 3.68% | Annual | 4.00% | Annual | N/A | 05/06/29 | USD | 25231 | 276212 | 151 | 276061 |
| 6-mo. EURIBOR, 2.48% | Semi-Annual | 2.87% | Annual | N/A | 06/11/29 | EUR | 12874 | 259495 | 90 | 259405 |
| 1-day SOFR, 3.68% | Annual | 3.66% | Annual | N/A | 10/10/29 | USD | 12616 | 17800 | 86 | 17714 |
| 1-day TIIEFONDEO, 6.94% | Monthly | 9.04% | Monthly | N/A | 11/14/29 | MXN | 81548 | 156903 | 28 | 156875 |
| 1-day SONIA, 3.73% | Annual | 4.00% | Annual | N/A | 01/16/30 | GBP | 6749 | (56544)<br>| 181 | (56725)<br>|
| 1-day SOFR, 3.68% | Annual | 4.00% | Annual | N/A | 01/23/30 | USD | 13498 | 204059 | 99 | 203960 |
| 1-day SOFR, 3.68% | Annual | 3.23% | Annual | N/A | 02/19/30 | USD | 14200 | (195649)<br>| 107 | (195756)<br>|
| 1-day SOFR, 3.68% | Annual | 3.90% | Annual | N/A | 02/24/30 | USD | 12058 | 137515 | 91 | 137424 |
| 6-mo. EURIBOR, 2.48% | Semi-Annual | 2.20% | Annual | N/A | 06/04/30 | EUR | 2989 | (50028)<br>| 29 | (50057)<br>|
| 0.02% | Annual | 6-mo. EURIBOR, 2.48% | Semi-Annual | N/A | 08/26/31 | EUR | 9317 | 1550855 | 113 | 1550742 |
| 1-day ESTR, 2,435.99% | Annual | 2.34% | Annual | 01/19/28 <br><sup>(a)</sup><br>| 01/19/33 | EUR | 7414 | (159495)<br>| 104 | (159599)<br>|
| 1-day SOFR, 3.68% | Annual | 3.14% | Annual | 05/12/28 <br><sup>(a)</sup><br>| 05/12/33 | USD | 13769 | (381427)<br>| 127 | (381554)<br>|
| 1-day SOFR, 3.68% | Annual | 4.31% | Annual | N/A | 09/29/33 | USD | 121626 | 4651401 | 8295 | 4643106 |
| 4.40% | Annual | 1-day SOFR, 3.68% | Annual | N/A | 11/01/33 | USD | 11317 | (504046)<br>| 150 | (504196)<br>|
| 1-day SOFR, 3.68% | Annual | 4.00% | Annual | N/A | 01/12/34 | USD | 9940 | 159527 | 128 | 159399 |
| 1-day SOFR, 3.68% | Annual | 4.00% | Annual | N/A | 01/17/34 | USD | 2863 | 45721 | 37 | 45684 |
| 1-day MIBOR, 6.98% | Semi-Annual | 6.34% | Semi-Annual | N/A | 03/20/34 | INR | 25865 | (9709)<br>| 5 | (9714)<br>|
| 1-day MIBOR, 6.98% | Semi-Annual | 6.35% | Semi-Annual | N/A | 03/20/34 | INR | 25865 | (9546)<br>| 5 | (9551)<br>|
| 1-day SOFR, 3.68% | Annual | 3.66% | Annual | N/A | 10/10/34 | USD | 8496 | (99809)<br>| 123 | (99932)<br>|
| 1-day SOFR, 3.68% | Annual | 3.67% | Annual | N/A | 12/26/34 | USD | 13998 | (155095)<br>| 207 | (155302)<br>|
| 1-day SOFR, 3.68% | Annual | 3.70% | Annual | N/A | 01/06/35 | USD | 10993 | (97678)<br>| 163 | (97841)<br>|
| 1-day SOFR, 3.68% | Annual | 3.75% | Annual | N/A | 03/27/35 | USD | 10876 | (58842)<br>| 165 | (59007)<br>|
| 1-day SOFR, 3.68% | Annual | 3.75% | Annual | N/A | 07/09/35 | USD | 5392 | (48160)<br>| 82 | (48242)<br>|
| 3.46% | Annual | 1-day SOFR, 3.68% | Annual | 12/15/26 <br><sup>(a)</sup><br>| 12/15/36 | USD | 4853 | 183818 | 80 | 183738 |
| 4.25% | Annual | 1-day SOFR, 3.68% | Annual | N/A | 09/29/43 | USD | 1467 | (21535)<br>| 918 | (22453)<br>|
| 3.65% | Annual | 1-day SOFR, 3.68% | Annual | N/A | 11/03/53 | USD | 5251 | 447384 | 162 | 447222 |
| 1-day SOFR, 3.68% | Annual | 4.00% | Annual | N/A | 11/03/53 | USD | 5251 | (136949)<br>| 162 | (137111)<br>|
| 3.65% | Annual | 1-day SOFR, 3.68% | Annual | N/A | 11/02/54 | USD | 31110 | 2659720 | 9650 | 2650070 |
| 1-day SONIA, 3.73% | Annual | 4.10% | Annual | N/A | 11/07/54 | GBP | 2400 | (347467)<br>| 11198 | (358665)<br>|
| 1-day SONIA, 3.73% | Annual | 4.45% | Annual | N/A | 12/04/55 | GBP | 2108 | (148847)<br>| 63 | (148910)<br>|
| &nbsp;&nbsp;&nbsp; Tokyo Overnight Average <br> Rate, 0.73%<br>| Annual | 2.87% | Annual | N/A | 03/30/56 | JPY | 138799 | (27044)<br>| 31 | (27075)<br>|
| &nbsp;&nbsp;&nbsp; Tokyo Overnight Average <br> Rate, 0.73%<br>| Annual | 2.88% | Annual | N/A | 03/30/56 | JPY | 138957 | (24229)<br>| 31 | (24260)<br>|
| &nbsp;&nbsp;&nbsp; Tokyo Overnight Average <br> Rate, 0.73%<br>| Annual | 2.89% | Annual | N/A | 03/30/56 | JPY | 139859 | (23223)<br>| 31 | (23254)<br>|
| &nbsp;&nbsp;&nbsp; Tokyo Overnight Average <br> Rate, 0.73%<br>| Annual | 2.95% | Annual | N/A | 03/30/56 | JPY | 138699 | (12821)<br>| 31 | (12852)<br>|
| &nbsp;&nbsp;&nbsp; Tokyo Overnight Average <br> Rate, 0.73%<br>| Annual | 2.98% | Annual | N/A | 03/30/56 | JPY | 163477 | (7787)<br>| 36 | (7823)<br>|
|  |  |  |  |  |  |  |  | $11878158 | $41798 | $11836360 |

---

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

<sup>(a)</sup> Forward Swap.

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

**Centrally Cleared Inflation Swaps** 

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Paid by the Trust | Paid by the Trust | Received by the Trust | Received by the Trust | &nbsp;&nbsp; *Termination* <br>*Date* | &nbsp;&nbsp; *Notional* <br>*Amount (000)* | &nbsp;&nbsp; *Notional* <br>*Amount (000)* | *Value* | *Upfront* <br>*Premium* <br>*Paid* <br>*(Received)* | *Unrealized* <br>*Appreciation* <br>*(Depreciation)* |
| *Reference* | *Frequency* | *Rate* | *Frequency* | &nbsp;&nbsp; *Termination* <br>*Date* | &nbsp;&nbsp; *Notional* <br>*Amount (000)* | &nbsp;&nbsp; *Notional* <br>*Amount (000)* | *Value* | *Upfront* <br>*Premium* <br>*Paid* <br>*(Received)* | *Unrealized* <br>*Appreciation* <br>*(Depreciation)* |
| &nbsp;&nbsp;&nbsp; Eurostat Eurozone HICP Ex <br> Tobacco Unrevised<br>| At Termination | 2.69% | At Termination | 08/15/32 | EUR | 1425 | &nbsp;&nbsp; $17241 | &nbsp;&nbsp; $30 | &nbsp;&nbsp; $17211 |

---

**OTC Credit Default Swaps — Buy Protection** 

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Reference Obligations/Index* | *Financing* <br>*Rate Paid* <br>*by the Trust*<br>| &nbsp;&nbsp; *Payment* <br>*Frequency*<br>| *Counterparty* | *Termination* <br>*Date*<br>| *Notional* <br>*Amount (000)* | *Notional* <br>*Amount (000)* | *Value* | *Upfront* <br>*Premium* <br>*Paid* <br>*(Received)*<br>| *Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>|
| UBS Group AG | 1.00<br> % <br>| Quarterly | JPMorgan Chase Bank N.A. | 06/20/28 | EUR | 3700 | $(65340)<br>| $60229 | $(125569)<br>|
| UBS Group AG | 1.00 | Quarterly | JPMorgan Chase Bank N.A. | 06/20/28 | EUR | 2160 | (38145)<br>| 33927 | (72072)<br>|
| Boeing, Co. | 1.00 | Quarterly | Deutsche Bank AG | 12/20/28 | USD | 800 | (11023)<br>| (2226)<br>| (8797)<br>|
| Boeing, Co. | 1.00 | Quarterly | JPMorgan Chase Bank N.A. | 06/20/29 | USD | 800 | (11830)<br>| 6429 | (18259)<br>|
|  |  |  |  |  |  |  | $(126338)<br>| $98359 | $(224697)<br>|

---

**OTC Credit Default Swaps — Sell Protection** 

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Reference Obligation/Index* | *Financing* <br>*Rate Received* <br>*by the Trust*<br>| &nbsp;&nbsp; *Payment* <br>*Frequency*<br>| *Counterparty* | *Termination* <br>*Date*<br>| *Credit* <br>*Rating*<sup>(a)</sup> <br>| *Notional* <br>*Amount (000)*<sup>(b)</sup>  | *Notional* <br>*Amount (000)*<sup>(b)</sup>  | *Value* | *Upfront* <br>*Premium* <br>*Paid* <br>*(Received)*<br>| *Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>|
| Altice France SA | 5.00<br> % <br>| Quarterly | JPMorgan Chase Bank N.A. | 06/20/27 | CCC+ | EUR | 332 | $12651 | $6699 | $5952 |
| Altice France SA | 5.00 | Quarterly | &nbsp;&nbsp;&nbsp; Morgan Stanley & Co. <br> International PLC<br>| 06/20/27 | CCC+ | EUR | 105 | 4001 | 2840 | 1161 |
| Altice France SA | 5.00 | Quarterly | JPMorgan Chase Bank N.A. | 12/20/27 | CCC+ | EUR | 130 | 6543 | 6199 | 344 |
| Altice France SA | 5.00 | Quarterly | &nbsp;&nbsp;&nbsp; Morgan Stanley & Co. <br> International PLC<br>| 12/20/27 | CCC+ | EUR | 82 | 4126 | 3118 | 1008 |
| Virgin Media Finance PLC | 5.00 | Quarterly | Goldman Sachs International | 12/20/28 | B- | EUR | 90 | 5445 | 7148 | (1703)<br>|
| Virgin Media Finance PLC | 5.00 | Quarterly | JPMorgan Chase Bank N.A. | 12/20/28 | B- | EUR | 148 | 8953 | 12186 | (3233)<br>|
| ZF Europe Finance B.V. | 5.00 | Quarterly | Deutsche Bank AG | 12/20/28 | BB- | EUR | 145 | 10868 | 9585 | 1283 |
| iTraxx.XO.42 10-20% | 5.00 | Quarterly | BNP Paribas SA | 12/20/29 | CCC | EUR | 290 | 2177 | 18461 | (16284)<br>|
| iTraxx.XO.42 10-20% | 5.00 | Quarterly | BNP Paribas SA | 12/20/29 | CCC | EUR | 290 | 2178 | 18900 | (16722)<br>|
| iTraxx.XO.42.V3 20-35% | 5.00 | Quarterly | BNP Paribas SA | 12/20/29 | CCC | EUR | 662 | 80062 | 82778 | (2716)<br>|
| Eutelsat S.A. | 5.00 | Quarterly | BNP Paribas SA | 12/20/30 | N/R | EUR | 143 | 23806 | 17577 | 6229 |
| Eutelsat S.A. | 5.00 | Quarterly | JPMorgan Chase Bank N.A. | 12/20/30 | N/R | EUR | 191 | 31720 | 24506 | 7214 |
| Faurecia SE | 5.00 | Quarterly | JPMorgan Chase Bank N.A. | 12/20/30 | BB- | EUR | 103 | 9873 | 9494 | 379 |
| Vistra Operations Company LLC | 5.00 | Quarterly | JPMorgan Chase Bank N.A. | 12/20/30 | N/R | USD | 80 | 13424 | 13921 | (497)<br>|
| Ziggo Bond Company B.V. | 5.00 | Quarterly | Deutsche Bank AG | 12/20/30 | B- | EUR | 169 | (5402)<br>| 4772 | (10174)<br>|
|  |  |  |  |  |  |  |  | $210425 | $238184 | $(27759)<br>|

---

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

<sup>(a)</sup> Using the rating of the issuer or the underlying securities of the index, as applicable, provided by S&P Global Ratings.

<sup>(b)</sup> The maximum potential amount the Trust may pay should a negative credit event take place as defined under the terms of the agreement.

**OTC Interest Rate Swaps** 

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Paid by the Trust | Paid by the Trust | Received by the Trust | Received by the Trust |  |  |  |  |  |  |  |  |
| *Rate* | *Frequency* | *Rate* | *Frequency* | *Counterparty* | *Effective* <br>*Date*<br>| *Termination* <br>*Date*<br>| *Notional* <br>*Amount (000)* | *Notional* <br>*Amount (000)* | *Value* | *Upfront* <br>*Premium* <br>*Paid* <br>*(Received)*<br>| *Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>|
| &nbsp;&nbsp;&nbsp; China Fixing Repo <br> Rates 7-day, <br> 1.49%<br>| Quarterly | 2.60% | Quarterly | &nbsp;&nbsp;&nbsp; Morgan Stanley & Co. <br> International PLC<br>| N/A | &nbsp;&nbsp; 09/15/26 | CNY | 157107 | $125035 | $— | $125035 |
| &nbsp;&nbsp;&nbsp; 1-day BZDIOVER, <br> 0.05%<br>| At Termination | 10.06% | At Termination | JPMorgan Chase Bank N.A. | N/A | &nbsp;&nbsp; 01/04/27 | BRL | 14158 | (329963)<br>|  | (329963)<br>|
| &nbsp;&nbsp;&nbsp; 1-day BZDIOVER, <br> 0.05%<br>| At Termination | 10.03% | At Termination | BNP Paribas SA | N/A | &nbsp;&nbsp; 01/04/27 | BRL | 12635 | (298029)<br>|  | (298029)<br>|

---

Consolidated Schedule of Investments

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

**OTC Interest Rate Swaps (continued)**

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Paid by the Trust | Paid by the Trust | Received by the Trust | Received by the Trust |  |  |  |  |  |  |  |  |
| *Rate* | *Frequency* | *Rate* | *Frequency* | *Counterparty* | *Effective*<br> *Date*<br>| *Termination*<br> *Date*<br>| *Notional*<br> *Amount (000)* | *Notional*<br> *Amount (000)* | *Value* | *Upfront*<br> *Premium*<br> *Paid*<br> *(Received)*<br>| *Unrealized*<br> *Appreciation*<br> *(Depreciation)*<br>|
| &nbsp;&nbsp;&nbsp; 1-day BZDIOVER, <br> 0.05%<br>| At Termination | 10.12% | At Termination | BNP Paribas SA | N/A | &nbsp;&nbsp; 01/04/27 | BRL | 96 | $(2202)<br>| $— | $(2202)<br>|
| &nbsp;&nbsp;&nbsp; 1-day BZDIOVER, <br> 0.05%<br>| At Termination | 10.16% | At Termination | Bank of America N.A. | N/A | &nbsp;&nbsp; 01/04/27 | BRL | 17910 | (411189)<br>|  | (411189)<br>|
| &nbsp;&nbsp;&nbsp; 1-day BZDIOVER, <br> 0.05%<br>| At Termination | 10.12% | At Termination | BNP Paribas SA | N/A | &nbsp;&nbsp; 01/04/27 | BRL | 17183 | (394185)<br>|  | (394185)<br>|
| &nbsp;&nbsp;&nbsp; 1-day BZDIOVER, <br> 0.05%<br>| At Termination | 10.35% | At Termination | Barclays Bank PLC | N/A | &nbsp;&nbsp; 01/04/27 | BRL | 29050 | (608652)<br>|  | (608652)<br>|
| &nbsp;&nbsp;&nbsp; 1-day BZDIOVER, <br> 0.05%<br>| At Termination | 9.99% | At Termination | Citibank N.A. | N/A | &nbsp;&nbsp; 01/04/27 | BRL | 14191 | (338652)<br>|  | (338652)<br>|
| &nbsp;&nbsp;&nbsp; 1-day BZDIOVER, <br> 0.05%<br>| At Termination | 10.00% | At Termination | Bank of America N.A. | N/A | &nbsp;&nbsp; 01/04/27 | BRL | 14578 | (342261)<br>|  | (342261)<br>|
| &nbsp;&nbsp;&nbsp; 1-day BZDIOVER, <br> 0.05%<br>| At Termination | 10.03% | At Termination | &nbsp;&nbsp;&nbsp; Morgan Stanley & Co. <br> International PLC<br>| N/A | &nbsp;&nbsp; 01/04/27 | BRL | 14173 | (334015)<br>|  | (334015)<br>|
| &nbsp;&nbsp;&nbsp; 1-day BZDIOVER, <br> 0.05%<br>| At Termination | 12.95% | At Termination | Bank of America N.A. | N/A | &nbsp;&nbsp; 01/02/29 | BRL | 6259 | (40309)<br>|  | (40309)<br>|
| &nbsp;&nbsp;&nbsp; 1-day BZDIOVER, <br> 0.05%<br>| At Termination | 13.00% | At Termination | Barclays Bank PLC | N/A | &nbsp;&nbsp; 01/02/29 | BRL | 11207 | (68071)<br>|  | (68071)<br>|
| &nbsp;&nbsp;&nbsp; 1-day BZDIOVER, <br> 0.05%<br>| At Termination | 13.00% | At Termination | Bank of America N.A. | N/A | &nbsp;&nbsp; 01/02/29 | BRL | 7285 | (44246)<br>|  | (44246)<br>|
| &nbsp;&nbsp;&nbsp; 1-day BZDIOVER, <br> 0.05%<br>| At Termination | 13.12% | At Termination | Bank of America N.A. | N/A | &nbsp;&nbsp; 01/02/29 | BRL | 29259 | (155264)<br>|  | (155264)<br>|
|  |  |  |  |  |  |  |  |  | $(3242003)<br>| $— | $(3242003)<br>|

---

**OTC Total Return Swaps** 

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Paid by the Trust | Paid by the Trust | Received by the Trust | Received by the Trust |  |  |  |  |  |  |  |  |
| *Rate/Reference* | *Frequency* | *Rate/Reference* | *Frequency* | *Counterparty* | *Effective* <br>*Date*<br>| *Termination* <br>*Date*<br>| *Notional* <br>*Amount (000)* | *Notional* <br>*Amount (000)* | *Value* | *Upfront* <br>*Premium* <br>*Paid* <br>*(Received)*<br>| *Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>|
| Microsoft Corp. | Quarterly | &nbsp;&nbsp;&nbsp; 1-day SOFR plus <br> 0.25%, 3.68%<br>| Quarterly | &nbsp;&nbsp;&nbsp; JPMorgan Chase <br> Bank N.A.<br>| N/A | 06/18/26 | USD | 226 | $12618 | $— | $12618 |
| Rheinmetall AG | At Termination | &nbsp;&nbsp;&nbsp; 1-day ESTR , <br> 2,435.99%<br>| At Termination | Citibank N.A. | N/A | 06/19/26 | EUR | 844 | 40859 | (52)<br>| 40911 |
| &nbsp;&nbsp;&nbsp; iShares iBoxx $ High Yield <br> Corporate Bond <br> ETF<br>| At Termination | &nbsp;&nbsp;&nbsp; 1-day SOFR minus <br> 1.35%, 3.68%<br>| At Termination | Citibank N.A. | N/A | 06/22/26 | USD | 2637 | (19870)<br>|  | (19870)<br>|
| &nbsp;&nbsp;&nbsp; 1-day SOFR minus <br> 1.00%, 3.68%<br>| At Termination | &nbsp;&nbsp;&nbsp; iShares iBoxx $ High Yield <br> Corporate Bond <br> ETF<br>| At Termination | &nbsp;&nbsp;&nbsp; Morgan Stanley & <br> Co. International <br> PLC<br>| N/A | 06/22/26 | USD | 1799 | 13270 | 131 | 13139 |
| &nbsp;&nbsp;&nbsp; 1-day SOFR minus <br> 0.80%, 3.68%<br>| At Termination | &nbsp;&nbsp;&nbsp; iShares iBoxx $ High Yield <br> Corporate Bond <br> ETF<br>| At Termination | BNP Paribas SA | N/A | 06/22/26 | USD | 4214 | 31181 |  | 31181 |
| &nbsp;&nbsp;&nbsp; 1-day SOFR minus <br> 0.70%, 3.68%<br>| At Termination | &nbsp;&nbsp;&nbsp; iShares iBoxx $ High Yield <br> Corporate Bond <br> ETF<br>| At Termination | &nbsp;&nbsp;&nbsp; JPMorgan Chase <br> Bank N.A.<br>| N/A | 06/22/26 | USD | 2280 | 16811 |  | 16811 |
| &nbsp;&nbsp;&nbsp; 1-day SOFR plus <br> 0.21%, 3.68%<br>| At Termination | &nbsp;&nbsp;&nbsp; iShares Broad USD <br> High Yield <br> Corporate Bond <br> ETF<br>| At Termination | BNP Paribas SA | N/A | 06/22/26 | USD | 2362 | 17117 |  | 17117 |
|  |  |  |  |  |  |  |  |  | $111986 | $79 | $111907 |

---

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

**Equity Swap Contracts** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| *Reference Entity* | *Counterparty* | *Notional Amount* | &nbsp;&nbsp; *Termination* <br>*Date*<br>| *Spread* | *Reference Rate* | &nbsp;&nbsp; *Payment* <br>*Frequency*<br>| *Value/ Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>|
| Long Contracts<sup>(a)</sup> | Long Contracts<sup>(a)</sup> | Long Contracts<sup>(a)</sup> | Long Contracts<sup>(a)</sup> | Long Contracts<sup>(a)</sup> | Long Contracts<sup>(a)</sup> | Long Contracts<sup>(a)</sup> | Long Contracts<sup>(a)</sup> |
| AMC Networks, Inc., Class A | Barclays Bank PLC | $188593 | 08/23/26 | 0.20% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; $(3810)<br>|
| AMC Networks, Inc., Class A | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 446735 | 02/09/27 | 0.20% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (69924)<br>|
| Eagle Bancorp, Inc. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 85332 | 02/09/27 | 0.20% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (376)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total long positions of equity swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total long positions of equity swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total long positions of equity swaps |  |  |  |  | &nbsp;&nbsp; (74110)<br>|
| Short Contracts<sup>(b)</sup> | Short Contracts<sup>(b)</sup> | Short Contracts<sup>(b)</sup> | Short Contracts<sup>(b)</sup> | Short Contracts<sup>(b)</sup> | Short Contracts<sup>(b)</sup> | Short Contracts<sup>(b)</sup> | Short Contracts<sup>(b)</sup> |
| Community Bank System, Inc. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (82553) | 02/09/27 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (495)<br>|
| CVB Financial Corp. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (71977) | 02/09/27 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (561)<br>|
| &nbsp;&nbsp;&nbsp; iShares iBoxx $ Investment Grade <br> Corporate Bond ETF<br>| JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2388503) | 02/09/27 | (3.27)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 39442 |
| LANXESS AG | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (460051) | 02/10/27 | 0.00% | 1D ESTR | Monthly  | &nbsp;&nbsp; (270388)<br>|
| Pagaya Technologies, Ltd., Class A | Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (492804) | 08/23/26 | (0.38)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 2106 |
| Pagaya Technologies, Ltd., Class A | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (240667) | 02/09/27 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (1455)<br>|
| &nbsp;&nbsp;&nbsp; SPDR Bloomberg High Yield Bond <br> ETF<br>| Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4749406) | 02/24/28 | (3.14)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (10941)<br>|
| &nbsp;&nbsp;&nbsp; Vanguard Intermediate-Term <br> Corporate Bond ETF<br>| JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1610641) | 02/09/27 | (0.47)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 22834 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total short positions of equity swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total short positions of equity swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total short positions of equity swaps |  |  |  |  | &nbsp;&nbsp; (219458)<br>|
| Total long and short positions of equity swaps | Total long and short positions of equity swaps | Total long and short positions of equity swaps |  |  |  |  | &nbsp;&nbsp; (293568)<br>|
| Net dividends and financing fees | Net dividends and financing fees | Net dividends and financing fees |  |  |  |  | &nbsp;&nbsp; (16647)<br>|
| Total equity swap contracts including dividends and financing fees | Total equity swap contracts including dividends and financing fees | Total equity swap contracts including dividends and financing fees |  |  |  |  | &nbsp;&nbsp; $(310215)<br>|

---

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

<sup>(a)</sup> The Trust receives the total return on a reference entity and pays a variable rate of interest, based on a specified benchmark. The benchmark and spread are determined based upon the country and/or currency of the individual underlying position. 

<sup>(b)</sup> The Trust pays the total return on a reference entity and receives a variable rate of interest, based on a specified benchmark. The benchmark and spread are determined based upon the country and/or currency of the individual underlying position. 

**Fair Value Hierarchy as of Period End**

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

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

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

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

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

Certain investments of the Trust were fair valued using net asset value ("NAV") as a practical expedient as no quoted market value is available and therefore have been excluded from the fair value hierarchy.

Consolidated Schedule of Investments

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

**Fair Value Hierarchy as of Period End (continued)**

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-Term Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Asset-Backed Securities | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $57625522 | &nbsp;&nbsp;&nbsp;&nbsp; $5953510 | &nbsp;&nbsp;&nbsp;&nbsp; $63579032 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common Stocks  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brazil | &nbsp;&nbsp; 323327 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 323327 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Canada | &nbsp;&nbsp; 24207098 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 24207098 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chile | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 13777 | &nbsp;&nbsp;&nbsp;&nbsp; 13777 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; China | &nbsp;&nbsp; 361701 | &nbsp;&nbsp;&nbsp;&nbsp; 11416892 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 11778593 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Denmark | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 6117158 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 6117158 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; France | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 23983357 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 23983357 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Germany | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2720248 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2720248 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; India | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 4292687 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 4292687 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Israel | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 3966 | &nbsp;&nbsp;&nbsp;&nbsp; 3966 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Italy | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 22704339 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 22704339 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Luxembourg | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 49932 | &nbsp;&nbsp;&nbsp;&nbsp; 49932 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Macau | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 275396 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 275396 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Netherlands | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 21682634 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 21682634 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Korea | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8237107 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8237107 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Spain | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 623236 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 623236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sweden | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Taiwan | &nbsp;&nbsp; 25058993 | &nbsp;&nbsp;&nbsp;&nbsp; 3354402 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 28413395 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United Kingdom | &nbsp;&nbsp; 622136 | &nbsp;&nbsp;&nbsp;&nbsp; 49711805 | &nbsp;&nbsp;&nbsp;&nbsp; 279481 | &nbsp;&nbsp;&nbsp;&nbsp; 50613422 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United States | &nbsp;&nbsp; 620674696 | &nbsp;&nbsp;&nbsp;&nbsp; 7721518 | &nbsp;&nbsp;&nbsp;&nbsp; 41738316 | &nbsp;&nbsp;&nbsp;&nbsp; 670134530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate Bonds  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Angola | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 605216 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 605216 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Argentina | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 150005 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 150005 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Australia | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 430301 | &nbsp;&nbsp;&nbsp;&nbsp; 6601888 | &nbsp;&nbsp;&nbsp;&nbsp; 7032189 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Belgium | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 196262 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 196262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brazil | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 708999 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 708999 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Canada | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 12253046 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 12253046 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chile | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 489538 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 489538 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; China | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 724163 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 724163 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Colombia | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 394472 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 394472 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Denmark | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 151922 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 151922 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Finland | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 281568 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 281568 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; France | &nbsp;&nbsp; 627476 | &nbsp;&nbsp;&nbsp;&nbsp; 3203181 | &nbsp;&nbsp;&nbsp;&nbsp; 6402165 | &nbsp;&nbsp;&nbsp;&nbsp; 10232822 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Germany | &nbsp;&nbsp; 228271 | &nbsp;&nbsp;&nbsp;&nbsp; 4541578 | &nbsp;&nbsp;&nbsp;&nbsp; 3798695 | &nbsp;&nbsp;&nbsp;&nbsp; 8568544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; India | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1742233 | &nbsp;&nbsp;&nbsp;&nbsp; 5212251 | &nbsp;&nbsp;&nbsp;&nbsp; 6954484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indonesia | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 386714 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 386714 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ireland | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 450890 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 450890 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Israel | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 112455 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 112455 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Italy | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 4816526 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 4816526 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Japan | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1281496 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1281496 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Jersey | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 407039 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 407039 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kuwait | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 293937 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 293937 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Luxembourg | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 4708584 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 4708584 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Macau | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 378628 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 378628 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mexico | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 396984 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 396984 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Morocco | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 332316 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 332316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Netherlands | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1432281 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1432281 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Panama | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 219980 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 219980 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Peru | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 455021 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 455021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Philippines | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 195844 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 195844 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Singapore | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 163500 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 163500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Slovenia | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 116136 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 116136 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Africa | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 390092 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 390092 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Spain | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 717189 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 717189 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sweden | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 986297 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 986297 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Switzerland | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 512834 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 512834 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Thailand | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 445344 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 445344 |

---

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

**Fair Value Hierarchy as of Period End (continued)**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate Bonds (continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Turkey | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $203252 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $203252 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ukraine | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 430927 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 430927 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United Kingdom | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8402533 | &nbsp;&nbsp;&nbsp;&nbsp; 1255518 | &nbsp;&nbsp;&nbsp;&nbsp; 9658051 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United States | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 62933164 | &nbsp;&nbsp;&nbsp;&nbsp; 29265296 | &nbsp;&nbsp;&nbsp;&nbsp; 92198460 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Vietnam | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 142355 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 142355 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fixed Rate Loan Interests | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 49600 | &nbsp;&nbsp;&nbsp;&nbsp; 8581806 | &nbsp;&nbsp;&nbsp;&nbsp; 8631406 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Floating Rate Loan Interests | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 44666914 | &nbsp;&nbsp;&nbsp;&nbsp; 39763420 | &nbsp;&nbsp;&nbsp;&nbsp; 84430334 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Agency Obligations | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 11632264 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 11632264 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grantor Trust | &nbsp;&nbsp; 16406958 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 16406958 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Companies | &nbsp;&nbsp; 17260201 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 17260201 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 3512697 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 3512697 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Non-Agency Mortgage-Backed Securities | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 37485484 | &nbsp;&nbsp;&nbsp;&nbsp; 15590760 | &nbsp;&nbsp;&nbsp;&nbsp; 53076244 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Preferred Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital Trusts | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 4621483 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 4621483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Preferred Stocks | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1734956 | &nbsp;&nbsp;&nbsp;&nbsp; 69682438 | &nbsp;&nbsp;&nbsp;&nbsp; 71417394 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Sponsored Agency Securities | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 222208003 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 222208003 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Warrants  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brazil | &nbsp;&nbsp; 20 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Israel | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 219 | &nbsp;&nbsp;&nbsp;&nbsp; 219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United Kingdom | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 7304 | &nbsp;&nbsp;&nbsp;&nbsp; 7304 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United States | &nbsp;&nbsp; 8467 | &nbsp;&nbsp;&nbsp;&nbsp; 1976 | &nbsp;&nbsp;&nbsp;&nbsp; 7266981 | &nbsp;&nbsp;&nbsp;&nbsp; 7277424 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-Term Securities  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp; 29223021 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 29223021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Options Purchased  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity Contracts | &nbsp;&nbsp; 3373733 | &nbsp;&nbsp;&nbsp;&nbsp; 31353 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 3405086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Exchange Contracts | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 202 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 202 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Contracts | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 20367 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 20367 |
| Liabilities |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Unfunded Floating Rate Loan Interests<sup>(a)</sup> | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (5178)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (5178)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; TBA Sale Commitments | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (45599446)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (45599446)<br>|
|  | &nbsp;&nbsp; $738376098 | &nbsp;&nbsp;&nbsp;&nbsp; $618016956 | &nbsp;&nbsp;&nbsp;&nbsp; $241462545 | &nbsp;&nbsp;&nbsp;&nbsp; 1597855599 |
| Investments Valued at NAV<sup>(b)</sup> |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; 4015153 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; $1601870752 |
| Derivative Financial Instruments<sup>(c)</sup> <br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Credit Contracts | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $581534 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $581534 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity Contracts | &nbsp;&nbsp; 7885383 | &nbsp;&nbsp;&nbsp;&nbsp; 196159 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8081542 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Exchange Contracts | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 4162847 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 4162847 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Contracts | &nbsp;&nbsp; 5376433 | &nbsp;&nbsp;&nbsp;&nbsp; 16747549 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 22123982 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Contracts | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 17211 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 17211 |
| &nbsp;&nbsp;&nbsp; Liabilities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Credit Contracts | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (400447)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (400447)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity Contracts | &nbsp;&nbsp; (8238267)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (1924094)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (10162361)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Exchange Contracts | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1427779)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1427779)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Contracts | &nbsp;&nbsp; (3560301)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (9832617)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (13392918)<br>|
|  | &nbsp;&nbsp; $1463248 | &nbsp;&nbsp;&nbsp;&nbsp; $8120363 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $9583611 |

---

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

<sup>(a)</sup> Unfunded floating rate loan interests are valued at the unrealized appreciation (depreciation) on the commitment.

<sup>(b)</sup> Certain investments of the Trust were fair valued using NAV as a practical expedient as no quoted market value is available and therefore have been excluded from the fair value hierarchy. 

<sup>(c)</sup> Derivative financial instruments are swaps, futures contracts, forward foreign currency exchange contracts and options written. Swaps, futures contracts and forward foreign currency exchange contracts are valued at the unrealized appreciation (depreciation) on the instrument and options written are shown at value. 

Consolidated Schedule of Investments

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

A reconciliation of Level 3 financial instruments is presented when the Trust had a significant amount of Level 3 investments and derivative financial instruments at the beginning and/or end of the period in relation to net assets. The following table is a reconciliation of Level 3 investments for which significant unobservable inputs were used in determining fair value:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | *Asset-Backed* <br>*Securities*<br>| *Common* <br>*Stocks*<br>| *Corporate* <br>*Bonds*<br>| *Fixed* <br>*Rate Loan* <br>*Interests*<br>| *Floating* <br>*Rate Loan* <br>*Interests*<br>| *Non-Agency* <br>*Mortgage-Backed* <br>*Securities* <br>| *Preferred* <br>*Stocks* <br>|
| **Assets** |  |  |  |  |  |  |  |
| Opening balance, as of December 31, 2025 | &nbsp;&nbsp; $6048210 | $30746323 | $57112667 | $8779441 | $42179586 | $15116399 | $72876415 |
| Transfers into Level 3<sup>(a)</sup> | &nbsp;&nbsp; — |  | 1799000 |  | 498880 |  |  |
| Transfers out of Level 3<sup>(b)</sup> | &nbsp;&nbsp; — |  | (6003510)<br>|  |  |  |  |
| Accrued discounts/premiums | &nbsp;&nbsp; 4020 |  | 31416 | 1295 | 38482 | 62798 |  |
| Net realized gain (loss) | &nbsp;&nbsp; — |  |  | 1479 | 19137 | 7900 |  |
| Net change in unrealized appreciation (depreciation)<sup>(c)</sup> | &nbsp;&nbsp; (98720)<br>| 9575312 | (1610305)<br>| (6763)<br>| (2048577)<br>| (467943)<br>| (2530976)<br>|
| Purchases | &nbsp;&nbsp; — | 1763837 | 1206545 |  | 2529460 | 1607772 |  |
| Sales | &nbsp;&nbsp; — |  |  | (193646)<br>| (3453548)<br>| (736166)<br>| (663001)<br>|
| Closing balance, as of March 31, 2026 | &nbsp;&nbsp; $5953510 | $42085472 | $52535813 | $8581806 | $39763420 | $15590760 | $69682438 |
| &nbsp;&nbsp;&nbsp; Net change in unrealized appreciation (depreciation) on investments still held at <br> March 31, 2026<sup>(c)</sup><br>| &nbsp;&nbsp; $(98720)<br>| $9575312 | $(1610305)<br>| $(6763)<br>| $(2025723)<br>| $(467943)<br>| $(2565932)<br>|

---

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

---

| | | | |
|:---|:---|:---|:---|
|  | *Unfunded* <br>*Floating Rate Loan* <br>*Interests*<br>| *Warrants* | *Total* |
| **Assets** |  |  |  |
| Opening balance, as of December 31, 2025 | &nbsp;&nbsp; $(5073)<br>| $6667515 | $239521483 |
| Transfers into Level 3<sup>(a)</sup> | &nbsp;&nbsp; — |  | 2297880 |
| Transfers out of Level 3<sup>(b)</sup> | &nbsp;&nbsp; — | (1)<br>| (6003511)<br>|
| Accrued discounts/premiums | &nbsp;&nbsp; — |  | 138011 |
| Net realized gain (loss) | &nbsp;&nbsp; — | (1)<br>| 28515 |
| Net change in unrealized appreciation (depreciation)<sup>(c)</sup> | &nbsp;&nbsp; (105)<br>| 606991 | 3418914 |
| Purchases | &nbsp;&nbsp; — |  | 7107614 |
| Sales | &nbsp;&nbsp; — |  | (5046361)<br>|
| Closing balance, as of March 31, 2026 | &nbsp;&nbsp; $(5178)<br>| $7274504 | $241462545 |
| Net change in unrealized appreciation (depreciation) on investments still held at March 31, 2026<sup>(c)</sup> | &nbsp;&nbsp; $4496 | $607010 | $3411432 |

---

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

<sup>(a)</sup> As of December 31, 2025, the Trust used observable inputs in determining the value of certain investments. As of March 31, 2026, the Trust used significant unobservable inputs in determining the value of the same investments. As a result, investments at beginning of period value were transferred from Level 2 to Level 3 in the disclosure hierarchy. 

<sup>(b)</sup> As of December 31, 2025, the Trust used observable inputs in determining the value of certain investments. As of March 31, 2026, the Trust used significant unobservable inputs in determining the value of the same investments. As a result, investments at beginning of period value were transferred from Level 3 to Level 2 in the disclosure hierarchy. 

<sup>(c)</sup> Any difference between net change in unrealized appreciation (depreciation) and net change in unrealized appreciation (depreciation) on investments still held at March 31, 2026 is generally due to investments no longer held or categorized as Level 3 at period end. 

The following table summarizes the valuation approaches used and unobservable inputs utilized by the Valuation Committee to determine the value of certain of the Trust's Level 3 financial instruments as of period end. The table does not include Level 3 financial instruments with values based upon unadjusted third-party pricing information in the amount of $16,571,303.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | *Value* | &nbsp;&nbsp;&nbsp; *Valuation* <br>*Approach*<br>| &nbsp;&nbsp;&nbsp; *Unobservable* <br>*Inputs*<br>| &nbsp;&nbsp;&nbsp; *Range of* <br>*Unobservable* <br>*Inputs* <br>*Utilized*<sup>(a)</sup> <br>| &nbsp;&nbsp;&nbsp; *Weighted* <br>*Average of* <br>*Unobservable* <br>*Inputs Based* <br>*on Fair Value* <br>|
| **Assets** |  |  |  |  |  |
| Common Stocks | &nbsp;&nbsp; $42021756 | Market | Revenue Multiple | 1.05x - 32.10x | 4.82x |
|  |  |  | Volatility | 49% - 80% | 67% |
|  |  |  | Time to Exit | 1.0 - 3.0 years | 2.2 years |
|  |  |  | EBITDA | 19.75x - 71.43x | 67.33x |
|  |  |  | Gross Profit Multiple | 5.25x |  |
|  |  |  | Discount for lack of marketability | 11% |  |
|  |  |  | Risk Free Rate | 4% |  |
|  |  | Income | Discount Rate | 10% |  |
| Asset Backed Securities | &nbsp;&nbsp; 4696350 | Income | Discount Rate | 7% |  |
| Non-Agency Mortgage-Backed Securities | &nbsp;&nbsp; 3384974 | Income | Discount Rate | 8% |  |

---

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | *Value* | &nbsp;&nbsp;&nbsp; *Valuation*<br> *Approach*<br>| &nbsp;&nbsp;&nbsp; *Unobservable*<br> *Inputs*<br>| &nbsp;&nbsp;&nbsp; *Range of*<br> *Unobservable*<br> *Inputs*<br> *Utilized*<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; *Weighted*<br> *Average of*<br> *Unobservable*<br> *Inputs Based*<br> *on Fair Value* <br>|
| Corporate Bonds | &nbsp;&nbsp; 52535811 | Income | Discount Rate | 7% - 34% | 13% |
|  |  | Market | Revenue Multiple | 0.60x |  |
|  |  |  | Volatility | 55% |  |
|  |  |  | Time to Exit | 0.2 - 1.8 years | 1.3 years |
|  |  |  | Direct Profit Multiple | 2.00x |  |
| Floating Rate Loan Interests | &nbsp;&nbsp; 37010921 | Income | Discount Rate | 6% - 21% | 15% |
| Fixed Rate Loan Interests | &nbsp;&nbsp; 8581806 | Income | Discount Rate | 7% - 8% | 7% |
| Preferred Stocks <sup>(b)</sup> | &nbsp;&nbsp; 69394284 | Market | Revenue Multiple | 1.60x - 20.0x | 7.8x |
|  |  |  | Volatility | 52% - 90% | 77% |
|  |  |  | Time to Exit | 1.0 - 4.0 years | 3.1 years |
|  |  |  | EBITDA Multiple | 8.50x |  |
|  |  |  | EBITDAR Multiple | 8.25x |  |
|  |  |  | Market Adjustment Multiple | 0.20x - 1.10x | 1.07x |
|  |  | Income | Discount Rate | 11% - 16% | 13% |
| Warrants | &nbsp;&nbsp; 7265340 | Market | Revenue Multiple | 5.0x -9.75x | 9.10x |
|  |  |  | Volatility | 50% - 80% | 72% |
|  |  |  | Time to Exit | 1.0 - 5.0 years | 3.5 years |
|  |  |  | Discount for lack of marketability |  |  |
|  | &nbsp;&nbsp; $224891242 |  |  |  |  |

---

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

<sup>(a)</sup> A significant change in unobservable input could result in a correlated or inverse change in value.

<sup>(b)</sup> The fund valued certain of its Level 3 Preferred Stock using recent transactions as the best approximation of fair value. The value of Level 3 investments obtained using recent prior transaction prices, for which inputs are unobservable, is $6,921,584 as of March 31, 2026. 

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

---

| | |
|:---|:---|
| **Currency Abbreviation**  | **Currency Abbreviation**  |
| AUD | Australian Dollar |
| BRL | Brazilian Real |
| CAD | Canadian Dollar |
| CHF | Swiss Franc |
| CLP | Chilean Peso |
| CNH | Chinese Yuan |
| CNY | Chinese Yuan |
| COP | Colombian Peso |
| DKK | Danish Krone |
| EUR | Euro |
| GBP | British Pound |
| HKD | Hong Kong Dollar |
| IDR | Indonesian Rupiah |
| INR | Indian Rupee |
| JPY | Japanese Yen |
| KRW | South Korean Won |
| MXN | Mexican Peso |
| NOK | Norwegian Krone |

---

---

| | |
|:---|:---|
| **Currency Abbreviation (continued)** | **Currency Abbreviation (continued)** |
| SEK | Swedish Krona |
| SGD | Singapore Dollar |
| TRY | Turkish Lira |
| TWD | New Taiwan Dollar |
| USD | United States Dollar |
| ZAR | South African Rand |

---

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

---

| | |
|:---|:---|
| **Portfolio Abbreviation**  | **Portfolio Abbreviation**  |
| 1D ESTR | EUR - 1D Euro Short Term Rate |
| 1D OBFR01 | USD - 1D Overnight Bank Funding Rate |
| ABS | Asset-Backed Security |
| ADR | American Depositary Receipt |
| ARB | Airport Revenue Bonds  |
| BZDIOVER | Overnight Brazil Interbank Deposit (CETIP) |
| CLO | Collateralized Loan Obligation |
| CME | Chicago Mercantile Exchange  |
| CMT | Constant Maturity Treasury |
| CR | Custodian Receipt |
| DAC | Designated Activity Company  |

---

Consolidated Schedule of Investments

------

Consolidated Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Capital Allocation Term Trust (BCAT)**

---

| | |
|:---|:---|
| **Portfolio Abbreviation (continued)** | **Portfolio Abbreviation (continued)** |
| DIP | Debtor-In-Possession |
| ESTR | Euro Short Term Rate |
| ETF | Exchange-Traded Fund |
| EURIBOR | Euro Interbank Offered Rate |
| FREMF | Freddie Mac Multifamily Securities |
| KOSPI | Korea Composite Stock Price Index |
| MIBOR | Mumbai Interbank Offered Rate |
| MSCI | Morgan Stanley Capital International |
| MTA | Month Treasury Average |
| PCL | Public Company Limited |
| PIK | Payment-in-Kind |
| PIPE | Private Investment in Public Equity |
| RB | Revenue Bonds |
| S&P | Standard & Poor's |
| SAN | State Aid Notes  |
| SCA | Societe en Commandite par Actions |
| SOFR | Secured Overnight Financing Rate  |
| SONIA | Sterling Overnight Interbank Average Rate |
| SPDR | Standard & Poor's Depository Receipt  |
| TBA | To-Be-Announced |
| TIIEFONDEO | MXN - Overnight TIIE Funding Rate |

---

------

## 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 Capital Allocation Term Trust

- **b. Investment Company Act file number:** 811-23564

- **c. CIK number of Registrant:** 0001809541

- **d. LEI of Registrant:** 5493007LDARS47M53X11

- **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 Capital Allocation Term Trust

- **c. LEI of Series:** 5493007LDARS47M53X11

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $1764009961.76

**Total Liabilities:** $269240907.77

**Net Assets:** $1494769053.99

**Amount of Assets Invested in Other Investment Companies:** $19758215.40

**Delayed Delivery Securities:** $93090662.37

**Cash Not Reported:** $33584660.77

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 10165.10000000 | **1-Year:** 1503.80000000 | **5-Year:** 40712.00000000 | **10-Year:** 71599.28000000 | **30-Year:** 4403.41000000

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

- **3-Month:** 63530.22000000 | **1-Year:** 66169.90000000 | **5-Year:** 242707.69000000 | **10-Year:** 33963.78000000 | **30-Year:** -13563.56000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 2.30%                | 1.06%                | -4.68%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $10212974.28             | $20507624.74                               |
| Month 2  | $23863006.30             | $-23033021.61                              |
| Month 3  | $1381978.33              | $-77717151.65                              |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| ABRA GLOBAL FINANCE                                     | ABRA Global Finance                                                               | CUSIP: 000852AC7<br>LEI: 2549007QS3P0D4KT9G26 | Long             | DBT              | CORP              | KY        |    168200 | PA      | $159091.97    | 0.01%             | 2029-10-22      | Fixed         | 14.00%                | No            | 2                  | On Loan: No      |
| AES ANDES SA                                            | AES Andes SA                                                                      | CUSIP: 00111VAC1<br>LEI: 549300IF4IFG0FS0RM26 | Long             | DBT              | CORP              | CL        |    285000 | PA      | $298751.25    | 0.02%             | 2055-06-10      | Fixed         | 8.15%                 | No            | 2                  | On Loan: No      |
| AMC Networks Inc                                        | AMC Networks Inc                                                                  | CUSIP: 00164V103<br>LEI: 549300VGG9K75226LR46 | Long             | EC               | CORP              | US        |      9801 | NS      | $66548.79     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| AMC NETWORKS INC                                        | AMC Networks Inc                                                                  | CUSIP: 00164VAF0<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |   1617000 | PA      | $1362294.04   | 0.09%             | 2029-02-15      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| AMC NETWORKS INC                                        | AMC Networks Inc                                                                  | CUSIP: 00164VAJ2<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |    655000 | PA      | $580493.75    | 0.04%             | 2029-02-15      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| Abbott Laboratories                                     | Abbott Laboratories                                                               | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     12568 | NS      | $1290356.56   | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| AbbVie Inc                                              | AbbVie Inc                                                                        | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     16432 | NS      | $3573795.68   | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| Advanced Drainage Systems Inc                           | Advanced Drainage Systems Inc                                                     | CUSIP: 00790R104<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | EC               | CORP              | US        |       866 | NS      | $118754.58    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| AIR CANADA 2020-1C PTT                                  | Air Canada 2020-1 Class C Pass Through Trust                                      | CUSIP: 008911BD0<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   1769000 | PA      | $1788506.06   | 0.12%             | 2026-07-15      | Fixed         | 10.50%                | No            | 2                  | On Loan: No      |
| Ajax Mortgage Loan Trust                                | Ajax Mortgage Loan Trust 2020-C                                                   | CUSIP: 00969HAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      8740 | PA      | $174.80       | 0.00%             | 2060-09-27      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Ajax Mortgage Loan Trust                                | Ajax Mortgage Loan Trust 2021-F                                                   | CUSIP: 009703AA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3012181 | PA      | $3013389.04   | 0.20%             | 2061-06-25      | Variable      | 5.88%                 | No            | 2                  | On Loan: No      |
| Ajax Mortgage Loan Trust                                | Ajax Mortgage Loan Trust 2021-F                                                   | CUSIP: 009703AB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    747606 | PA      | $747573.16    | 0.05%             | 2061-06-25      | Variable      | 6.75%                 | No            | 2                  | On Loan: No      |
| Ajax Mortgage Loan Trust                                | Ajax Mortgage Loan Trust 2021-F                                                   | CUSIP: 009703AC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1257625 | PA      | $1293521.11   | 0.09%             | 2061-06-25      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Ajax Mortgage Loan Trust                                | Ajax Mortgage Loan Trust 2021-E                                                   | CUSIP: 009740AF8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    944644 | PA      | $508507.06    | 0.03%             | 2060-12-25      | Variable      | 3.82%                 | No            | 2                  | On Loan: No      |
| Ajax Mortgage Loan Trust                                | Ajax Mortgage Loan Trust 2021-E                                                   | CUSIP: 009740AG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  11285939 | PA      | $352177.71    | 0.02%             | 2060-12-25      | Variable      | 0.00%                 | No            | 2                  | On Loan: No      |
| Ajax Mortgage Loan Trust                                | Ajax Mortgage Loan Trust 2021-E                                                   | CUSIP: 009740AH4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1596 | PA      | $744.58       | 0.00%             | 2060-12-25      | Variable      | 0.00%                 | No            | 2                  | On Loan: No      |
| ALEXANDER FUND TRUST II                                 | Alexander Funding Trust II                                                        | CUSIP: 014916AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    130000 | PA      | $136882.31    | 0.01%             | 2028-07-31      | Fixed         | 7.47%                 | No            | 2                  | On Loan: No      |
| Algoma Steel Group Inc                                  | Algoma Steel Group Inc                                                            | CUSIP: 015658107<br>LEI: 549300Q5EU337A1XCX27 | Long             | EC               | CORP              | CA        |    178901 | NS      | $738861.13    | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Alibaba Group Holding Ltd                               | Alibaba Group Holding Ltd                                                         | CUSIP: 01609W102<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |      2883 | NS      | $361701.18    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| ALIBABA GROUP HOLDING                                   | Alibaba Group Holding Ltd                                                         | CUSIP: 01609WBG6<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    223000 | PA      | $309301.00    | 0.02%             | 2031-06-01      | Fixed         | 0.50%                 | No            | 2                  | On Loan: No      |
| UMBS, TBA                                               | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F022642<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1830000 | PA      | $1538343.75   | 0.10%             | 2056-04-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| UMBS, TBA                                               | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F030645<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  15100000 | PA      | $13260509.70  | 0.89%             | 2056-04-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| UMBS, TBA                                               | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F032641<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  75468000 | PA      | $69177291.66  | 4.63%             | 2056-04-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| UMBS, TBA                                               | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F032658<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  13400000 | PA      | $12269420.56  | 0.82%             | 2056-05-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| UMBS, TBA                                               | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F042640<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  39577000 | PA      | $38192029.40  | 2.56%             | 2056-04-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| UMBS, TBA                                               | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F052649<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  24954000 | PA      | $25068935.88  | 1.68%             | 2056-04-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| UMBS, TBA                                               | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F060642<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3177000 | PA      | $3238405.06   | 0.22%             | 2056-04-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| UMBS, TBA                                               | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F060659<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  12900000 | PA      | $13133710.07  | 0.88%             | 2056-05-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Alphabet Inc                                            | Alphabet Inc                                                                      | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    126356 | NS      | $36246482.16  | 2.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Altar Bidco Inc                                         | Altar Bidco Inc 2021 2nd Lien Term Loan                                           | CUSIP: 02090CAB6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2548238 | PA      | $2388973.13   | 0.16%             | 2030-02-01      | Floating      | 9.11%                 | No            | 2                  | On Loan: No      |
| Amazon.com Inc                                          | Amazon.com Inc                                                                    | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    137651 | NS      | $28668573.77  | 1.92%             |  |  |  | No            | 1                  | On Loan: No      |
| AMER AIRLINE 25-1B PTT                                  | American Airlines 2025-1 Class B Pass Through Trust                               | CUSIP: 02377PAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    579000 | PA      | $581532.08    | 0.04%             | 2034-11-11      | Fixed         | 5.65%                 | No            | 2                  | On Loan: No      |
| BAE Systems PLC                                         | BAE Systems PLC                                                                   | CUSIP: 000000000<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | EC               | CORP              | GB        |    362817 | NS      | $10637250.92  | 0.71%             |  |  |  | No            | 2                  | On Loan: No      |
| British American Tobacco PLC                            | British American Tobacco PLC                                                      | CUSIP: 000000000<br>LEI: 213800FKA5MF17RJKT63 | Long             | EC               | CORP              | GB        |     95077 | NS      | $5520056.74   | 0.37%             |  |  |  | No            | 2                  | On Loan: No      |
| Amphenol Corp                                           | Amphenol Corp                                                                     | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |      2216 | NS      | $279991.60    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| REPUBLIC OF ANGOLA                                      | Angolan Government International Bond                                             | CUSIP: 035198AF7<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    227000 | PA      | $220303.50    | 0.01%             | 2032-04-14      | Fixed         | 8.75%                 | No            | 2                  | On Loan: No      |
| Antero Resources Corp                                   | Antero Resources Corp                                                             | CUSIP: 03674X106<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | EC               | CORP              | US        |     20766 | NS      | $881309.04    | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| APA Corp                                                | APA Corp                                                                          | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |     63494 | NS      | $2694685.36   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Apidos CLO                                              | Apidos CLO XXXV                                                                   | CUSIP: 03768TAA0<br>LEI: 549300KJKTO0Q1OATW69 | Long             | ABS-CBDO         | CORP              | KY        |    375000 | PA      | $360700.39    | 0.02%             | 2034-04-20      | Floating      | 9.68%                 | No            | 2                  | On Loan: No      |
| Apidos CLO                                              | Apidos CLO XXXVII                                                                 | CUSIP: 03769FAA9<br>LEI: 549300OGB01ASKLNI660 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $248271.90    | 0.02%             | 2034-10-22      | Floating      | 10.23%                | No            | 2                  | On Loan: No      |
| Apple Inc                                               | Apple Inc                                                                         | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     94946 | NS      | $24096345.34  | 1.61%             |  |  |  | No            | 1                  | On Loan: No      |
| AppLovin Corp                                           | AppLovin Corp                                                                     | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |      1862 | NS      | $741076.00    | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                                  | Egypt Government International Bond                                               | CUSIP: 038461AM1<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    200000 | PA      | $172375.26    | 0.01%             | 2047-01-31      | Fixed         | 8.50%                 | No            | 2                  | On Loan: No      |
| ARDAGH GROUP SA                                         | Ardagh Group SA                                                                   | CUSIP: 03969UAA4<br>LEI: 6354006L1NWUUOPYX274 | Long             | DBT              | CORP              | LU        |   3418076 | PA      | $2872380.17   | 0.19%             | 2030-12-01      | Fixed         | 12.00%                | No            | 2                  | On Loan: No      |
| Argentina Republic Government International Bonds       | Argentina Republic Government International Bonds                                 | CUSIP: 040114HS2<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    109440 | PA      | $91710.72     | 0.01%             | 2030-07-09      | Variable      | 0.75%                 | No            | 2                  | On Loan: No      |
| ARES CLO Ltd                                            | ARES Loan Funding I Ltd                                                           | CUSIP: 04018YAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2150000 | PA      | $735644.00    | 0.05%             | 2034-10-15      | Variable      | 0.00%                 | No            | 2                  | On Loan: No      |
| ARES CLO Ltd                                            | ARES Loan Funding I Ltd                                                           | CUSIP: 04018YAE7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1249978.25   | 0.08%             | 2039-04-15      | Floating      | 8.77%                 | No            | 2                  | On Loan: No      |
| Arista Networks Inc                                     | Arista Networks Inc                                                               | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |      5155 | NS      | $632930.90    | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Autodesk Inc                                            | Autodesk Inc                                                                      | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |      3355 | NS      | $803187.00    | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| AutoZone Inc                                            | AutoZone Inc                                                                      | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |        44 | NS      | $148622.32    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| BFLD Trust                                              | BFLD Trust 2020-EYP                                                               | CUSIP: 05493AAN0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    790000 | PA      | $5932.90      | 0.00%             | 2035-10-15      | Floating      | 7.49%                 | No            | 2                  | On Loan: No      |
| AZULE ENERGY FINANCE PLC                                | Azule Energy Finance Plc                                                          | CUSIP: 05501YAB4<br>LEI: 2138006X6O82RJSQDB63 | Long             | DBT              | CORP              | GB        |    350000 | PA      | $353339.00    | 0.02%             | 2031-01-22      | Fixed         | 8.25%                 | No            | 2                  | On Loan: No      |
| AZULE ENERGY FINANCE PLC                                | Azule Energy Finance Plc                                                          | CUSIP: 05501YAC2<br>LEI: 2138006X6O82RJSQDB63 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $251877.50    | 0.02%             | 2033-01-22      | Fixed         | 8.63%                 | No            | 2                  | On Loan: No      |
| Ballyrock Ltd                                           | Ballyrock CLO 2019-1 Ltd                                                          | CUSIP: 05875JAQ2<br>LEI: 254900EJNL3EAF77OS82 | Long             | ABS-CBDO         | CORP              | KY        |   2700000 | PA      | $2700966.87   | 0.18%             | 2032-07-15      | Floating      | 6.98%                 | No            | 2                  | On Loan: No      |
| Bank of America Corp                                    | Bank of America Corp                                                              | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    176401 | NS      | $8599548.75   | 0.58%             |  |  |  | No            | 1                  | On Loan: No      |
| BARBADOS GOVT OF                                        | Barbados Government International Bond                                            | CUSIP: 067070AK8<br>LEI: 529900UD1KUUS4SFD905 | Long             | DBT              | NUSS              | BB        |    196000 | PA      | $200116.00    | 0.01%             | 2035-06-26      | Fixed         | 8.00%                 | No            | 2                  | On Loan: No      |
| BAUSCH + LOMB CORP                                      | Bausch + Lomb Corp                                                                | CUSIP: 071705AA5<br>LEI: 549300NY6OZM39SO6475 | Long             | DBT              | CORP              | CA        |     40000 | PA      | $41300.00     | 0.00%             | 2028-10-01      | Fixed         | 8.38%                 | No            | 2                  | On Loan: No      |
| BCPE FLAVOR DEBT/ISSUER                                 | BCPE Flavor Debt Merger Sub LLC and BCPE Flavor Issuer Inc                        | CUSIP: 072933AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     79000 | PA      | $71638.53     | 0.00%             | 2032-07-01      | Fixed         | 9.50%                 | No            | 2                  | On Loan: No      |
| BEIGNET INVESTOR LLC                                    | Beignet Investor LLC                                                              | CUSIP: 076912AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3027000 | PA      | $3112228.67   | 0.21%             | 2049-05-30      | Fixed         | 6.58%                 | No            | 2                  | On Loan: No      |
| BP PLC                                                  | BP PLC                                                                            | CUSIP: 000000000<br>LEI: 213800LH1BZH3DI6G760 | Long             | EC               | CORP              | GB        |    165913 | NS      | $1298568.57   | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| Best Buy Co Inc                                         | Best Buy Co Inc                                                                   | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |      2155 | NS      | $138351.00    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Boeing Co/The                                           | Boeing Co/The                                                                     | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |     45015 | NS      | $8959335.45   | 0.60%             |  |  |  | No            | 1                  | On Loan: No      |
| SM ENERGY CO                                            | SM Energy Co                                                                      | CUSIP: 097793AE3<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    812000 | PA      | $810676.23    | 0.05%             | 2026-10-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Booking Holdings Inc                                    | Booking Holdings Inc                                                              | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       345 | NS      | $1452560.40   | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| AstraZeneca PLC                                         | AstraZeneca PLC                                                                   | CUSIP: 000000000<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |     22703 | NS      | $4439343.41   | 0.30%             |  |  |  | No            | 2                  | On Loan: No      |
| Boston Scientific Corp                                  | Boston Scientific Corp                                                            | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |     90689 | NS      | $5690734.75   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| BREAKWATER ENRGY HOLD                                   | Breakwater Energy Holdings Sarl                                                   | CUSIP: 10637BAA3<br>LEI: 984500969HAFA937F390 | Long             | DBT              | CORP              | LU        |    250000 | PA      | $262546.00    | 0.02%             | 2030-11-15      | Fixed         | 9.25%                 | No            | 2                  | On Loan: No      |
| BRITISH TELECOMMUNICATIO                                | British Telecommunications PLC                                                    | CUSIP: 11102AAG6<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |    369000 | PA      | $351749.88    | 0.02%             | 2081-11-23      | Fixed         | 4.88%                 | No            | 2                  | On Loan: No      |
| Broadcom Inc                                            | Broadcom Inc                                                                      | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     64274 | NS      | $19893445.74  | 1.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Builders FirstSource Inc                                | Builders FirstSource Inc                                                          | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |      1235 | NS      | $101677.55    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Burlington Stores Inc                                   | Burlington Stores Inc                                                             | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |       986 | NS      | $320824.68    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| CPV Fairview LLC                                        | CPV Fairview LLC 2025 Term Loan                                                   | CUSIP: 12620SAD5<br>LEI: 549300SLZ4P6TH9PTH93 | Long             | LON              | CORP              | US        |   1280776 | PA      | $1273833.70   | 0.09%             | 2031-08-14      | Floating      | 6.20%                 | No            | 2                  | On Loan: No      |
| CSC HOLDINGS LLC                                        | CSC Holdings LLC                                                                  | CUSIP: 126307AQ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   2040000 | PA      | $1769483.96   | 0.12%             | 2027-04-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| CSC HOLDINGS LLC                                        | CSC Holdings LLC                                                                  | CUSIP: 126307BM8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    448000 | PA      | $366080.51    | 0.02%             | 2028-05-15      | Fixed         | 11.25%                | No            | 2                  | On Loan: No      |
| CSC HOLDINGS LLC                                        | CSC Holdings LLC                                                                  | CUSIP: 126307BN6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    985000 | PA      | $712297.83    | 0.05%             | 2029-01-31      | Fixed         | 11.75%                | No            | 2                  | On Loan: No      |
| Credit Suisse Mortgage Trust                            | CSMC 2020-FACT                                                                    | CUSIP: 126395AN2<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |    730000 | PA      | $662475.00    | 0.04%             | 2037-10-15      | Floating      | 9.15%                 | No            | 2                  | On Loan: No      |
| CSX Corp                                                | CSX Corp                                                                          | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |    120150 | NS      | $4932157.50   | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Credit Suisse Mortgage Trust                            | CSMC 2022-LION                                                                    | CUSIP: 12660TAA0<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |   3400000 | PA      | $3384973.70   | 0.23%             | 2027-02-15      | Floating      | 7.11%                 | No            | 3                  | On Loan: No      |
| Cadence Design Systems Inc                              | Cadence Design Systems Inc                                                        | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |      6348 | NS      | $1763918.76   | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Caesars Entertainment Inc                               | Caesars Entertainment Inc                                                         | CUSIP: 12769G100<br>LEI: 549300FA4CTCW903Y781 | Long             | EC               | CORP              | US        |     19728 | NS      | $521411.04    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Cameco Corp                                             | Cameco Corp                                                                       | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |    129365 | NS      | $14050332.65  | 0.94%             |  |  |  | No            | 1                  | On Loan: No      |
| Canyon Capital CLO Ltd                                  | Canyon CLO 2020-3 Ltd                                                             | CUSIP: 13876RAS3<br>LEI: 25490032WO5XW3V7KL43 | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $750860.10    | 0.05%             | 2037-10-15      | Floating      | 5.62%                 | No            | 2                  | On Loan: No      |
| Carrier Global Corp                                     | Carrier Global Corp                                                               | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |      2835 | NS      | $159638.85    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Carval CLO LTD                                          | CarVal CLO VC Ltd                                                                 | CUSIP: 14687LAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $463443.70    | 0.03%             | 2034-10-15      | Floating      | 10.68%                | No            | 2                  | On Loan: No      |
| Caterpillar Inc                                         | Caterpillar Inc                                                                   | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      3710 | NS      | $2628386.60   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| CENTENE CORP                                            | Centene Corp                                                                      | CUSIP: 15135BAR2<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |   1085000 | PA      | $1065811.45   | 0.07%             | 2027-12-15      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| Cenovus Energy Inc                                      | Cenovus Energy Inc                                                                | CUSIP: 15135U109<br>LEI: 549300EIRQ0Z2B9C1W06 | Long             | EC               | CORP              | CA        |    155826 | NS      | $4134063.78   | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Century Communities Inc                                 | Century Communities Inc                                                           | CUSIP: 156504300<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | EC               | CORP              | US        |     15990 | NS      | $917506.20    | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Cheniere Energy Inc                                     | Cheniere Energy Inc                                                               | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |      3146 | NS      | $892708.96    | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Chile Government International Bonds                    | Chile Government International Bonds                                              | CUSIP: 168863DY1<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    278000 | PA      | $243806.00    | 0.02%             | 2042-03-07      | Fixed         | 4.34%                 | No            | 2                  | On Loan: No      |
| Cisco Systems Inc                                       | Cisco Systems Inc                                                                 | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     96422 | NS      | $7481382.98   | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Citigroup Inc                                           | Citigroup Inc                                                                     | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     99902 | NS      | $11329885.82  | 0.76%             |  |  |  | No            | 1                  | On Loan: No      |
| Citigroup Mortgage Loan Trust Inc                       | Citigroup Mortgage Loan Trust 2007-AHL3                                           | CUSIP: 17312GAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2763786 | PA      | $1948198.27   | 0.13%             | 2045-07-25      | Floating      | 3.96%                 | No            | 2                  | On Loan: No      |
| Citigroup Mortgage Loan Trust Inc                       | Citigroup Mortgage Loan Trust 2007-AHL2                                           | CUSIP: 17312TAJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3792127 | PA      | $2586773.74   | 0.17%             | 2037-05-25      | Floating      | 3.99%                 | No            | 2                  | On Loan: No      |
| Citizens Financial Group Inc                            | Citizens Financial Group Inc                                                      | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |     44959 | NS      | $2696191.23   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| CLOUD SOFTWARE GRP INC                                  | Cloud Software Group Inc                                                          | CUSIP: 18912UAC6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    159000 | PA      | $150801.15    | 0.01%             | 2032-06-30      | Fixed         | 8.25%                 | No            | 2                  | On Loan: No      |
| Coinbase Global Inc                                     | Coinbase Global Inc                                                               | CUSIP: 19260Q107<br>LEI: 5493004G3J2SC154DU06 | Long             | EC               | CORP              | US        |      1640 | NS      | $286360.40    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| College Ave Student Loans                               | College Ave Student Loans 2021-A LLC                                              | CUSIP: 19424KAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    125526 | PA      | $119249.37    | 0.01%             | 2051-07-25      | Fixed         | 4.12%                 | No            | 2                  | On Loan: No      |
| Colombia Government International Bonds                 | Colombia Government International Bonds                                           | CUSIP: 195325EF8<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    224000 | PA      | $236488.00    | 0.02%             | 2033-04-20      | Fixed         | 8.00%                 | No            | 2                  | On Loan: No      |
| Colombia Government International Bonds                 | Colombia Government International Bonds                                           | CUSIP: 195325EP6<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    243000 | PA      | $248601.15    | 0.02%             | 2036-11-07      | Fixed         | 7.75%                 | No            | 2                  | On Loan: No      |
| Vistance Networks Inc                                   | Vistance Networks Inc                                                             | CUSIP: 20337X109<br>LEI: 254900AW4CEPCQWSRI58 | Long             | EC               | CORP              | US        |     53631 | NS      | $976084.20    | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| ConnectWise LLC                                         | ConnectWise LLC 2021 Term Loan B                                                  | CUSIP: 20786NAC1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1193192 | PA      | $1098727.30   | 0.07%             | 2028-09-29      | Floating      | 7.46%                 | No            | 2                  | On Loan: No      |
| CONTINUUM ENERGY PTE LTD                                | CONTINUUM ENERGY PTE LTD                                                          | CUSIP: 211926AA8<br>LEI: 254900MLJ5CQ9QU8DV90 | Long             | DBT              | CORP              | SG        |    886580 | PA      | $883299.65    | 0.06%             | 2027-09-11      | Variable      | 12.85%                | No            | 3                  | On Loan: No      |
| CORE SCIENTIFIC INC                                     | Core Scientific Inc                                                               | CUSIP: 21874AAE6<br>LEI: 5299003RGB2LAZ65RK73 | Long             | DBT              | CORP              | US        |    281000 | PA      | $306992.50    | 0.02%             | 2031-06-15      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| CORP FINANCIERA DE DESAR                                | Corp Financiera de Desarrollo SA                                                  | CUSIP: 21987DAH7<br>LEI: 254900BOM7T4MG6T0J30 | Long             | DBT              | NUSS              | PE        |    200000 | PA      | $203055.00    | 0.01%             | 2030-05-06      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| COSTA RICA GOVERNMENT                                   | Costa Rica Government International Bond                                          | CUSIP: 221597CV7<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |    210000 | PA      | $227850.00    | 0.02%             | 2054-11-13      | Fixed         | 7.30%                 | No            | 2                  | On Loan: No      |
| Costco Wholesale Corp                                   | Costco Wholesale Corp                                                             | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |     16513 | NS      | $16454048.59  | 1.10%             |  |  |  | No            | 1                  | On Loan: No      |
| IVORY COAST                                             | Ivory Coast Government International Bond                                         | CUSIP: 221625AV8<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |    200000 | PA      | $203217.42    | 0.01%             | 2036-04-01      | Fixed         | 8.08%                 | No            | 2                  | On Loan: No      |
| Credit Suisse ABS Repackaging Trust                     | Credit Suisse ABS Repackaging Trust 2013-A                                        | CUSIP: 22546U108<br>LEI: 549300MV4IKF86LLTT11 | Long             | ABS-O            | CORP              | US        |      4744 | PA      | $1257160.00   | 0.08%             | 2043-04-25      | None          | 0.00%                 | No            | 3                  | On Loan: No      |
| Crown City CLO                                          | Crown City CLO III                                                                | CUSIP: 22824DAN9<br>LEI: 5493000O0QFX9SMPY639 | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1197799.13   | 0.08%             | 2034-07-20      | Floating      | 7.23%                 | No            | 2                  | On Loan: No      |
| Crown Point CLO Ltd                                     | Crown Point CLO 9 Ltd                                                             | CUSIP: 22846DAQ6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $492453.45    | 0.03%             | 2034-07-14      | Floating      | 7.68%                 | No            | 2                  | On Loan: No      |
| DR Horton Inc                                           | DR Horton Inc                                                                     | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |     24520 | NS      | $3364634.40   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Darden Restaurants Inc                                  | Darden Restaurants Inc                                                            | CUSIP: 237194105<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | EC               | CORP              | US        |       807 | NS      | $158204.28    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Datadog Inc                                             | Datadog Inc                                                                       | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |      5842 | NS      | $689648.10    | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Deephaven Residential Mortgage Trust                    | Deephaven Residential Mortgage Trust 2021-1                                       | CUSIP: 24380VAF8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1550000 | PA      | $1402751.24   | 0.09%             | 2065-05-25      | Variable      | 3.96%                 | No            | 2                  | On Loan: No      |
| Delta Air Lines Inc                                     | Delta Air Lines Inc                                                               | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |     70365 | NS      | $4677865.20   | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Dick's Sporting Goods Inc                               | Dick's Sporting Goods Inc                                                         | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Long             | EC               | CORP              | US        |       817 | NS      | $162002.93    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| DirecTV Financing LLC                                   | DirecTV Financing LLC 2025 Term Loan B                                            | CUSIP: 25460HAF9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1909950 | PA      | $1909300.62   | 0.13%             | 2031-02-17      | Floating      | 9.17%                 | No            | 2                  | On Loan: No      |
| Walt Disney Co/The                                      | Walt Disney Co/The                                                                | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |     81057 | NS      | $7812273.66   | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| DISH NETWORK CORP                                       | DISH Network Corp                                                                 | CUSIP: 25470MAB5<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |    174000 | PA      | $167736.00    | 0.01%             | 2026-08-15      | Fixed         | 3.38%                 | No            | 2                  | On Loan: No      |
| DOMINICAN REPUBLIC                                      | Dominican Republic International Bond                                             | CUSIP: 25714PED6<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    420000 | PA      | $399000.00    | 0.03%             | 2030-01-30      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| DOMINICAN REPUBLIC                                      | Dominican Republic International Bond                                             | CUSIP: 25714PET1<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    272000 | PA      | $281248.00    | 0.02%             | 2031-02-03      | Fixed         | 7.05%                 | No            | 2                  | On Loan: No      |
| DOMINICAN REPUBLIC                                      | Dominican Republic International Bond                                             | CUSIP: 25714PFB9<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    233000 | PA      | $236955.48    | 0.02%             | 2037-03-15      | Fixed         | 6.95%                 | No            | 2                  | On Loan: No      |
| ECL Entertainment LLC                                   | ECL Entertainment LLC 2025 Term Loan B                                            | CUSIP: 26826TAM5<br>LEI: 254900UPSGHOBB360Z85 | Long             | LON              | CORP              | US        |   2932747 | PA      | $2910751.63   | 0.19%             | 2030-08-30      | Floating      | 6.67%                 | No            | 2                  | On Loan: No      |
| EQT Corp                                                | EQT Corp                                                                          | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |     65380 | NS      | $4160783.20   | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| EAGLE FUNDING LUXCO SARL                                | Eagle Funding Luxco Sarl                                                          | CUSIP: 26951TAA8<br>LEI: 894500VDP08MVIZ6OA60 | Long             | DBT              | NUSS              | LU        |    300000 | PA      | $300750.00    | 0.02%             | 2030-08-17      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| JPMorgan Chase Bank NA                                  | PURCHASED USD / SOLD EUR                                                          | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $2629.46      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Morgan Stanley & Co. International PLC                  | PURCHASED USD / SOLD EUR                                                          | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $2667.53      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Morgan Stanley & Co. International PLC                  | PURCHASED USD / SOLD EUR                                                          | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $1698.84      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Morgan Stanley & Co. International PLC                  | PURCHASED USD / SOLD EUR                                                          | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $5874.83      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Morgan Stanley & Co. International PLC                  | PURCHASED USD / SOLD EUR                                                          | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $1535.77      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Morgan Stanley & Co. International PLC                  | PURCHASED USD / SOLD EUR                                                          | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $26400.76     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Morgan Stanley & Co. International PLC                  | PURCHASED USD / SOLD EUR                                                          | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $7597.28      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Morgan Stanley & Co. International PLC                  | PURCHASED USD / SOLD EUR                                                          | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $3049.13      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Toronto-Dominion Bank                                   | PURCHASED EUR / SOLD USD                                                          | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DFE              |  | XX        |         1 | NC      | $-202.84      | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Morgan Stanley & Co. International PLC                  | PURCHASED USD / SOLD EUR                                                          | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $1644.83      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| JPMorgan Chase Bank NA                                  | PURCHASED USD / SOLD EUR                                                          | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $3391.76      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| JPMorgan Chase Bank NA                                  | PURCHASED USD / SOLD EUR                                                          | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $3894.99      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Morgan Stanley & Co. International PLC                  | PURCHASED USD / SOLD EUR                                                          | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $6416.01      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Morgan Stanley & Co. International PLC                  | PURCHASED USD / SOLD EUR                                                          | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $3070.48      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| State Street Bank & Trust Co.                           | PURCHASED USD / SOLD EUR                                                          | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $1883.64      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| State Street Bank & Trust Co.                           | PURCHASED USD / SOLD EUR                                                          | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $869.07       | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Toronto-Dominion Bank                                   | PURCHASED USD / SOLD CAD                                                          | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DFE              |  | US        |         1 | NC      | $3613.96      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| BNP Paribas SA                                          | PURCHASED USD / SOLD JPY                                                          | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | US        |         1 | NC      | $2377.84      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Societe Generale SA                                     | PURCHASED USD / SOLD JPY                                                          | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | N/A              | DFE              |  | US        |         1 | NC      | $7355.86      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Toronto-Dominion Bank                                   | PURCHASED EUR / SOLD USD                                                          | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DFE              |  | XX        |         1 | NC      | $-1617.82     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| State Street Bank & Trust Co.                           | PURCHASED USD / SOLD GBP                                                          | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $4792.91      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Deutsche Bank AG                                        | PURCHASED USD / SOLD JPY                                                          | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DFE              |  | US        |         1 | NC      | $5114.27      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| UBS AG                                                  | PURCHASED EUR / SOLD USD                                                          | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | XX        |         1 | NC      | $-2705.54     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| HSBC Bank PLC                                           | PURCHASED GBP / SOLD USD                                                          | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | GB        |         1 | NC      | $-1089.23     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| HSBC Bank PLC                                           | PURCHASED JPY / SOLD USD                                                          | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | JP        |         1 | NC      | $-2720.65     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Morgan Stanley & Co. International PLC                  | PURCHASED EUR / SOLD USD                                                          | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | XX        |         1 | NC      | $-1325.89     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| UBS AG                                                  | PURCHASED USD / SOLD GBP                                                          | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $10249.33     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Bank of America NA                                      | PURCHASED USD / SOLD EUR                                                          | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $2656.33      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Morgan Stanley & Co. International PLC                  | PURCHASED USD / SOLD GBP                                                          | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $3137.43      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Societe Generale SA                                     | PURCHASED JPY / SOLD USD                                                          | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | N/A              | DFE              |  | JP        |         1 | NC      | $-783.02      | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| UBS AG                                                  | PURCHASED EUR / SOLD USD                                                          | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | XX        |         1 | NC      | $-3697.92     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Bank of America NA                                      | PURCHASED USD / SOLD EUR                                                          | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $9445.67      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Deutsche Bank AG                                        | PURCHASED USD / SOLD AUD                                                          | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DFE              |  | US        |         1 | NC      | $7435.63      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| UBS AG                                                  | PURCHASED HKD / SOLD USD                                                          | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | HK        |         1 | NC      | $-395.54      | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Societe Generale SA                                     | PURCHASED USD / SOLD JPY                                                          | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | N/A              | DFE              |  | US        |         1 | NC      | $8233.41      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| JPMorgan Chase Bank NA                                  | PURCHASED USD / SOLD GBP                                                          | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $128807.84    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| BNP Paribas SA                                          | PURCHASED USD / SOLD ZAR                                                          | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | US        |         1 | NC      | $29057.80     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Toronto-Dominion Bank                                   | PURCHASED DKK / SOLD USD                                                          | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DFE              |  | DK        |         1 | NC      | $-7774.86     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Toronto-Dominion Bank                                   | PURCHASED CHF / SOLD USD                                                          | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DFE              |  | CH        |         1 | NC      | $-484.57      | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Toronto-Dominion Bank                                   | PURCHASED USD / SOLD JPY                                                          | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DFE              |  | US        |         1 | NC      | $71202.92     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| HSBC Bank PLC                                           | PURCHASED CNH / SOLD USD                                                          | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | CN        |         1 | NC      | $-10587.37    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| JPMorgan Chase Bank NA                                  | PURCHASED GBP / SOLD USD                                                          | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | GB        |         1 | NC      | $-89674.64    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| JPMorgan Chase Bank NA                                  | PURCHASED USD / SOLD EUR                                                          | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $989250.42    | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| Societe Generale SA                                     | PURCHASED USD / SOLD CAD                                                          | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | N/A              | DFE              |  | US        |         1 | NC      | $270040.36    | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| Deutsche Bank AG                                        | PURCHASED USD / SOLD AUD                                                          | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DFE              |  | US        |         1 | NC      | $39300.58     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| BNP Paribas SA                                          | PURCHASED CAD / SOLD USD                                                          | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | CA        |         1 | NC      | $-202066.94   | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| Morgan Stanley & Co. International PLC                  | PURCHASED USD / SOLD SEK                                                          | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $26678.44     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| State Street Bank & Trust Co.                           | PURCHASED MXN / SOLD USD                                                          | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | MX        |         1 | NC      | $-107615.54   | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| JPMorgan Chase Bank NA                                  | PURCHASED USD / SOLD EUR                                                          | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $581035.96    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| Morgan Stanley & Co. International PLC                  | PURCHASED BRL / SOLD USD                                                          | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | BR        |         1 | NC      | $-523.38      | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| JPMorgan Chase Bank NA                                  | PURCHASED EUR / SOLD USD                                                          | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | XX        |         1 | NC      | $-133339.77   | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| Barclays Bank PLC                                       | PURCHASED USD / SOLD SEK                                                          | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | US        |         1 | NC      | $15495.06     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| UBS AG                                                  | PURCHASED USD / SOLD CHF                                                          | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $197785.75    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| HSBC Bank PLC                                           | PURCHASED USD / SOLD NOK                                                          | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | US        |         1 | NC      | $1128.72      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Deutsche Bank AG                                        | PURCHASED JPY / SOLD USD                                                          | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DFE              |  | JP        |         1 | NC      | $-138116.99   | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| State Street Bank & Trust Co.                           | PURCHASED USD / SOLD SGD                                                          | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $2395.64      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| State Street Bank & Trust Co.                           | PURCHASED ZAR / SOLD USD                                                          | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | ZA        |         1 | NC      | $-68543.49    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| JPMorgan Chase Bank NA                                  | PURCHASED USD / SOLD DKK                                                          | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $73638.86     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Toronto-Dominion Bank                                   | PURCHASED MXN / SOLD USD                                                          | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DFE              |  | MX        |         1 | NC      | $-27441.50    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Goldman Sachs International                             | PURCHASED USD / SOLD HKD                                                          | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |         1 | NC      | $31021.57     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Deutsche Bank AG                                        | PURCHASED USD / SOLD AUD                                                          | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DFE              |  | US        |         1 | NC      | $192007.94    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| JPMorgan Chase Bank NA                                  | PURCHASED USD / SOLD GBP                                                          | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $618943.38    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| JPMorgan Chase Bank NA                                  | PURCHASED INR / SOLD USD                                                          | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | IN        |         1 | NC      | $-15975.40    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| BNP Paribas SA                                          | PURCHASED USD / SOLD KRW                                                          | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | US        |         1 | NC      | $343099.39    | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| Goldman Sachs International                             | PURCHASED IDR / SOLD USD                                                          | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | ID        |         1 | NC      | $-3065.97     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| BNP Paribas SA                                          | PURCHASED USD / SOLD CNY                                                          | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | US        |         1 | NC      | $8638.82      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| UBS AG                                                  | PURCHASED USD / SOLD TWD                                                          | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $235803.60    | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| Societe Generale SA                                     | PURCHASED JPY / SOLD USD                                                          | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | N/A              | DFE              |  | JP        |         1 | NC      | $-997.55      | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Toronto-Dominion Bank                                   | PURCHASED EUR / SOLD USD                                                          | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DFE              |  | XX        |         1 | NC      | $-26327.43    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Toronto-Dominion Bank                                   | PURCHASED USD / SOLD GBP                                                          | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DFE              |  | US        |         1 | NC      | $16282.70     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Barclays Bank PLC                                       | PURCHASED TRY / SOLD USD                                                          | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | TR        |         1 | NC      | $-4900.08     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Barclays Bank PLC                                       | PURCHASED TRY / SOLD USD                                                          | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | TR        |         1 | NC      | $-5008.64     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Barclays Bank PLC                                       | PURCHASED USD / SOLD AUD                                                          | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | US        |         1 | NC      | $27185.65     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Citibank NA                                             | PURCHASED USD / SOLD BRL                                                          | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $-23258.16    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Societe Generale SA                                     | PURCHASED JPY / SOLD USD                                                          | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | N/A              | DFE              |  | JP        |         1 | NC      | $380.14       | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| JPMorgan Chase Bank NA                                  | PURCHASED USD / SOLD GBP                                                          | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $9563.02      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| HSBC Bank PLC                                           | PURCHASED BRL / SOLD USD                                                          | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | BR        |         1 | NC      | $26821.84     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Bank of America NA                                      | PURCHASED MXN / SOLD USD                                                          | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | MX        |         1 | NC      | $-3727.34     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Citibank NA                                             | PURCHASED ZAR / SOLD USD                                                          | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | ZA        |         1 | NC      | $-15069.96    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Barclays Bank PLC                                       | PURCHASED USD / SOLD EUR                                                          | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | US        |         1 | NC      | $-5316.70     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| UBS AG                                                  | PURCHASED USD / SOLD GBP                                                          | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $1200.83      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Societe Generale SA                                     | PURCHASED USD / SOLD JPY                                                          | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | N/A              | DFE              |  | US        |         1 | NC      | $-185.04      | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Citibank NA                                             | PURCHASED EUR / SOLD USD                                                          | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | XX        |         1 | NC      | $7574.19      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Deutsche Bank AG                                        | PURCHASED USD / SOLD GBP                                                          | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DFE              |  | US        |         1 | NC      | $6686.90      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Societe Generale SA                                     | PURCHASED USD / SOLD JPY                                                          | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | N/A              | DFE              |  | US        |         1 | NC      | $220.62       | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| HSBC Bank PLC                                           | PURCHASED HKD / SOLD USD                                                          | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | HK        |         1 | NC      | $-190.59      | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| UBS AG                                                  | PURCHASED CHF / SOLD USD                                                          | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | CH        |         1 | NC      | $-1604.48     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| State Street Bank & Trust Co.                           | PURCHASED EUR / SOLD USD                                                          | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | XX        |         1 | NC      | $1661.48      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| UBS AG                                                  | PURCHASED USD / SOLD BRL                                                          | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $-31333.07    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| JPMorgan Chase Bank NA                                  | PURCHASED USD / SOLD AUD                                                          | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $3841.27      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| HSBC Bank PLC                                           | PURCHASED EUR / SOLD USD                                                          | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | XX        |         1 | NC      | $13981.43     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| State Street Bank & Trust Co.                           | PURCHASED GBP / SOLD USD                                                          | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | GB        |         1 | NC      | $-1661.33     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Toronto-Dominion Bank                                   | PURCHASED AUD / SOLD USD                                                          | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DFE              |  | AU        |         1 | NC      | $-4090.40     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Morgan Stanley & Co. International PLC                  | PURCHASED USD / SOLD ZAR                                                          | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $-6184.01     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Citibank NA                                             | PURCHASED USD / SOLD MXN                                                          | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $1174.24      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| State Street Bank & Trust Co.                           | PURCHASED EUR / SOLD USD                                                          | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | XX        |         1 | NC      | $784.38       | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| UBS AG                                                  | PURCHASED USD / SOLD GBP                                                          | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $8837.92      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| State Street Bank & Trust Co.                           | PURCHASED USD / SOLD EUR                                                          | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $4112.98      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Standard Chartered Bank                                 | PURCHASED USD / SOLD GBP                                                          | CUSIP: 000000000<br>LEI: RILFO74KP1CM8P6PCT96 | N/A              | DFE              |  | US        |         1 | NC      | $5776.17      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Societe Generale SA                                     | PURCHASED USD / SOLD JPY                                                          | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | N/A              | DFE              |  | US        |         1 | NC      | $776.19       | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Societe Generale SA                                     | PURCHASED GBP / SOLD USD                                                          | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | N/A              | DFE              |  | GB        |         1 | NC      | $-5676.49     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Morgan Stanley & Co. International PLC                  | PURCHASED USD / SOLD EUR                                                          | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $3628.68      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Societe Generale SA                                     | PURCHASED JPY / SOLD USD                                                          | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | N/A              | DFE              |  | JP        |         1 | NC      | $948.94       | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Standard Chartered Bank                                 | PURCHASED USD / SOLD EUR                                                          | CUSIP: 000000000<br>LEI: RILFO74KP1CM8P6PCT96 | N/A              | DFE              |  | US        |         1 | NC      | $2189.92      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Societe Generale SA                                     | PURCHASED JPY / SOLD USD                                                          | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | N/A              | DFE              |  | JP        |         1 | NC      | $1795.38      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| UBS AG                                                  | PURCHASED AUD / SOLD USD                                                          | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | AU        |         1 | NC      | $-728.09      | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| State Street Bank & Trust Co.                           | PURCHASED EUR / SOLD USD                                                          | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | XX        |         1 | NC      | $315.26       | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| BNP Paribas SA                                          | PURCHASED USD / SOLD EUR                                                          | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | US        |         1 | NC      | $-15488.05    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Standard Chartered Bank                                 | PURCHASED USD / SOLD EUR                                                          | CUSIP: 000000000<br>LEI: RILFO74KP1CM8P6PCT96 | N/A              | DFE              |  | US        |         1 | NC      | $-561.43      | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Standard Chartered Bank                                 | PURCHASED USD / SOLD GBP                                                          | CUSIP: 000000000<br>LEI: RILFO74KP1CM8P6PCT96 | N/A              | DFE              |  | US        |         1 | NC      | $1738.58      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| EchoStar Corp                                           | EchoStar Corp                                                                     | CUSIP: 278768106<br>LEI: 549300EE20907QZ9GT38 | Long             | EC               | CORP              | US        |     25894 | NS      | $3031410.58   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| ECHOSTAR CORP                                           | EchoStar Corp                                                                     | CUSIP: 278768AA4<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35341.53     | 0.00%             | 2030-11-30      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| ECHOSTAR CORP                                           | EchoStar Corp                                                                     | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |     35000 | PA      | $37808.78     | 0.00%             | 2029-11-30      | Fixed         | 10.75%                | No            | 2                  | On Loan: No      |
| ECOPETROL SA                                            | Ecopetrol SA                                                                      | CUSIP: 279158AS8<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    228000 | PA      | $240654.00    | 0.02%             | 2033-01-13      | Fixed         | 8.88%                 | No            | 2                  | On Loan: No      |
| Edwards Lifesciences Corp                               | Edwards Lifesciences Corp                                                         | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |     38112 | NS      | $3052008.96   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| EVgo Inc                                                | EVgo Inc                                                                          | CUSIP: 30052F118<br>LEI: 254900NJU5Y3D9R42S26 | N/A              | DE               |  | US        |     40220 | NS      | $965.28       | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Exxon Mobil Corp                                        | Exxon Mobil Corp                                                                  | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     69936 | NS      | $11865341.76  | 0.79%             |  |  |  | No            | 1                  | On Loan: No      |
| Meta Platforms Inc                                      | Meta Platforms Inc                                                                | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     22409 | NS      | $12820861.17  | 0.86%             |  |  |  | No            | 1                  | On Loan: No      |
| FREMF Mortgage Trust                                    | FREMF 2018-KW05 Trust                                                             | CUSIP: 30307MAN8<br>LEI: 549300KQ08QVSM4XK212 | Long             | ABS-MBS          | USGSE             | US        |    437000 | PA      | $410825.89    | 0.03%             | 2028-04-25      | Variable      | 3.42%                 | No            | 2                  | On Loan: No      |
| FNZ Group Services Ltd                                  | FNZ Group Services Ltd 2024 GBP Term Loan B                                       | CUSIP: 30339HAC5<br>LEI: 254900MQTZKERVE6YB70 | Long             | LON              | CORP              | NZ        |   1000000 | PA      | $1072116.37   | 0.07%             | 2031-11-05      | Floating      | 9.73%                 | No            | 2                  | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.        | Freddie Mac Multifamily Structured Pass Through Certificates                      | CUSIP: 3137F84J9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  17820380 | PA      | $748293.78    | 0.05%             | 2029-12-25      | Variable      | 1.36%                 | No            | 2                  | On Loan: No      |
| Fifth Third Bancorp                                     | Fifth Third Bancorp                                                               | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |    128484 | NS      | $5969366.64   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| First Citizens BancShares Inc/NC                        | First Citizens BancShares Inc/NC                                                  | CUSIP: 31946M103<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EC               | CORP              | US        |       351 | NS      | $661515.66    | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| FIRST CITIZENS BANCSHARE                                | First Citizens BancShares Inc/NC                                                  | CUSIP: 31959XAF0<br>LEI: 549300N3Z00ZHE2XC526 | Long             | DBT              | CORP              | US        |   1202000 | PA      | $1175320.05   | 0.08%             | 2040-03-12      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| First Horizon Corp                                      | First Horizon Corp                                                                | CUSIP: 320517105<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | EC               | CORP              | US        |     36567 | NS      | $832264.92    | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| FLOURISHING TRADE + INVT LTD                            | FLOURISHING TRADE + INVT LTD                                                      | CUSIP: 343427AA8<br>LEI: 894500SZ5TN63ZJ0Y632 | Long             | DBT              | CORP              | MU        |   2471604 | PA      | $2536607.19   | 0.17%             | 2030-04-02      | Variable      | 11.04%                | No            | 3                  | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                | Ford Motor Credit Co LLC                                                          | CUSIP: 345397A45<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    807000 | PA      | $803312.02    | 0.05%             | 2027-01-09      | Fixed         | 4.27%                 | No            | 2                  | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                | Ford Motor Credit Co LLC                                                          | CUSIP: 345397D26<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1001000 | PA      | $1003356.75   | 0.07%             | 2026-06-10      | Fixed         | 6.95%                 | No            | 2                  | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                | Ford Motor Credit Co LLC                                                          | CUSIP: 345397F81<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    806000 | PA      | $807665.44    | 0.05%             | 2026-11-05      | Fixed         | 5.13%                 | No            | 2                  | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                | Ford Motor Credit Co LLC                                                          | CUSIP: 345397ZW6<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    399000 | PA      | $398441.30    | 0.03%             | 2026-08-01      | Fixed         | 4.54%                 | No            | 2                  | On Loan: No      |
| FORESTAR GROUP INC                                      | Forestar Group Inc                                                                | CUSIP: 346232AE1<br>LEI: 549300BC2UB0GHV60V70 | Long             | DBT              | CORP              | US        |   1950000 | PA      | $1929065.39   | 0.13%             | 2028-03-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac - SCRT                                      | Freddie Mac Seasoned Credit Risk Transfer Trust Series 2020-3                     | CUSIP: 35563PUB3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   7509905 | PA      | $4351878.67   | 0.29%             | 2060-05-25      | Variable      | 5.12%                 | No            | 2                  | On Loan: No      |
| Freddie Mac - SLST                                      | Seasoned Loans Structured Transaction Trust Series 2020-2                         | CUSIP: 35564CGD3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1398055 | PA      | $1390644.81   | 0.09%             | 2060-09-25      | Variable      | 4.75%                 | No            | 2                  | On Loan: No      |
| Freddie Mac - SLST                                      | Seasoned Loans Structured Transaction Trust Series 2020-3                         | CUSIP: 35564CHL4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1394064 | PA      | $1382122.06   | 0.09%             | 2060-04-26      | Variable      | 4.75%                 | No            | 2                  | On Loan: No      |
| Freeport-McMoRan Inc                                    | Freeport-McMoRan Inc                                                              | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |    140514 | NS      | $8259412.92   | 0.55%             |  |  |  | No            | 1                  | On Loan: No      |
| FRONTIER COMMUNICATIONS                                 | Frontier Communications Holdings LLC                                              | CUSIP: 35906ABG2<br>LEI: 549300ZCZ76HYCS0H445 | Long             | DBT              | CORP              | US        |    660000 | PA      | $660825.66    | 0.04%             | 2029-05-01      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| FRONTIER COMMUNICATIONS                                 | Frontier Communications Holdings LLC                                              | CUSIP: 35908MAB6<br>LEI: 549300ZCZ76HYCS0H445 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75448.65     | 0.01%             | 2030-01-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| FRONTIER COMMUNICATIONS                                 | Frontier Communications Holdings LLC                                              | CUSIP: 35908MAD2<br>LEI: 549300ZCZ76HYCS0H445 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1282607.50   | 0.09%             | 2030-05-15      | Fixed         | 8.75%                 | No            | 2                  | On Loan: No      |
| FRONTIER FLORIDA LLC                                    | Frontier Florida LLC                                                              | CUSIP: 362333AH9<br>LEI: 549300ZCZ76HYCS0H445 | Long             | DBT              | CORP              | US        |    845000 | PA      | $872825.85    | 0.06%             | 2028-02-01      | Fixed         | 6.86%                 | No            | 2                  | On Loan: No      |
| GE Vernova Inc                                          | GE Vernova Inc                                                                    | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      4965 | NS      | $4333948.50   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| General Electric Co                                     | General Electric Co                                                               | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |     25042 | NS      | $7106168.34   | 0.48%             |  |  |  | No            | 1                  | On Loan: No      |
| Gilead Sciences Inc                                     | Gilead Sciences Inc                                                               | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     15750 | NS      | $2195077.50   | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Goldman Sachs Group Inc/The                             | Goldman Sachs Group Inc/The                                                       | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      2162 | NS      | $1829030.38   | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| GoTo Group Inc                                          | GoTo Group Inc 2024 First Out Term Loan                                           | CUSIP: 38349FAC0<br>LEI: 549300D12V5KRBV00592 | Long             | LON              | CORP              | US        |    204882 | PA      | $167490.67    | 0.01%             | 2028-04-28      | Floating      | 8.57%                 | No            | 2                  | On Loan: No      |
| GoTo Group Inc                                          | GoTo Group Inc 2024 Second Out Term Loan                                          | CUSIP: 38349FAD8<br>LEI: 549300D12V5KRBV00592 | Long             | LON              | CORP              | US        |    460063 | PA      | $136528.26    | 0.01%             | 2028-04-28      | Floating      | 8.57%                 | No            | 2                  | On Loan: No      |
| GOTO GROUP INC                                          | GoTo Group Inc                                                                    | CUSIP: 38349YAA3<br>LEI: 549300D12V5KRBV00592 | Long             | DBT              | CORP              | US        |    323750 | PA      | $253243.73    | 0.02%             | 2028-05-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| GOTO GROUP INC                                          | GoTo Group Inc                                                                    | CUSIP: 38349YAB1<br>LEI: 549300D12V5KRBV00592 | Long             | DBT              | CORP              | US        |    678750 | PA      | $190050.00    | 0.01%             | 2028-05-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| GRANITE RIDGE RESOURCES                                 | Granite Ridge Resources Inc                                                       | CUSIP: 387432AA5<br>LEI: 254900CAHJQKOQ1YZC67 | Long             | DBT              | CORP              | US        |   6280000 | PA      | $6134381.24   | 0.41%             | 2029-11-05      | Fixed         | 8.88%                 | No            | 2                  | On Loan: No      |
| GS FINANCE CORP                                         | GS Finance Corp                                                                   | CUSIP: 40058XL51<br>LEI: 549300FR80KBVO6DRL61 | Long             | SN               | CORP              | US        |    507000 | PA      | $492448.59    | 0.03%             | 2031-02-17      | Fixed         | 6.11%                 | No            | 2                  | On Loan: No      |
| GS FINANCE CORP                                         | GS Finance Corp                                                                   | CUSIP: 40058XL69<br>LEI: 549300FR80KBVO6DRL61 | Long             | SN               | CORP              | US        |   1052000 | PA      | $1023855.84   | 0.07%             | 2031-02-17      | Variable      | 7.35%                 | No            | 2                  | On Loan: No      |
| Airbus SE                                               | Airbus SE                                                                         | CUSIP: 000000000<br>LEI: MINO79WLOO247M1IL051 | Long             | EC               | CORP              | NL        |      8611 | NS      | $1628106.35   | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| REPUBLIC OF GUATEMALA                                   | Guatemala Government Bond                                                         | CUSIP: 401494AW9<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |    230000 | PA      | $240741.00    | 0.02%             | 2036-06-13      | Fixed         | 6.60%                 | No            | 2                  | On Loan: No      |
| REPUBLIC OF GUATEMALA                                   | Guatemala Government Bond                                                         | CUSIP: 401494AX7<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |    210000 | PA      | $224700.00    | 0.02%             | 2032-10-04      | Fixed         | 7.05%                 | No            | 2                  | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitton SE                     | LVMH Moet Hennessy Louis Vuitton SE                                               | CUSIP: 000000000<br>LEI: IOG4E947OATN0KJYSD45 | Long             | EC               | CORP              | FR        |      3036 | NS      | $1659627.42   | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| Intesa Sanpaolo SpA                                     | Intesa Sanpaolo SpA                                                               | CUSIP: 000000000<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | EC               | CORP              | IT        |   1784664 | NS      | $10793441.86  | 0.72%             |  |  |  | No            | 2                  | On Loan: No      |
| Hilton Worldwide Holdings Inc                           | Hilton Worldwide Holdings Inc                                                     | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |     15558 | NS      | $4730876.64   | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Hippo Holdings Inc                                      | Hippo Holdings Inc                                                                | CUSIP: 433539111<br>LEI: N/A                  | N/A              | DE               |  | US        |     11689 | NS      | $63.12        | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Home Depot Inc/The                                      | Home Depot Inc/The                                                                | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     27620 | NS      | $9083941.80   | 0.61%             |  |  |  | No            | 1                  | On Loan: No      |
| Home Partners of America Trust                          | Home Partners of America 2021-2 Trust                                             | CUSIP: 43732VAL0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2398362 | PA      | $2363158.30   | 0.16%             | 2026-12-17      | Fixed         | 3.80%                 | No            | 2                  | On Loan: No      |
| Honeywell International Inc                             | Honeywell International Inc                                                       | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |     10167 | NS      | $2298047.01   | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| HR OTTAWA LP                                            | HR Ottawa LP                                                                      | CUSIP: 44331MAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   9416550 | PA      | $10464539.60  | 0.70%             | 2031-03-31      | Fixed         | 11.00%                | No            | 2                  | On Loan: No      |
| HUNGARY                                                 | Hungary Government International Bond                                             | CUSIP: 445545AU0<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |    200000 | PA      | $194500.00    | 0.01%             | 2036-03-26      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Kestrel Acquisition LLC                                 | Kestrel Acquisition LLC 2025 Term Loan                                            | CUSIP: 44579UAD4<br>LEI: 549300ER0JUHJLPPMH08 | Long             | LON              | CORP              | US        |   1078834 | PA      | $1078607.13   | 0.07%             | 2031-11-06      | Floating      | 8.75%                 | No            | 2                  | On Loan: No      |
| Imperial Fund LLC                                       | Imperial Fund Mortgage Trust 2020-NQM1                                            | CUSIP: 452760AE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3602500 | PA      | $3308232.67   | 0.22%             | 2055-10-25      | Variable      | 4.00%                 | No            | 2                  | On Loan: No      |
| Intuit Inc                                              | Intuit Inc                                                                        | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      7923 | NS      | $3425746.74   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Intuitive Surgical Inc                                  | Intuitive Surgical Inc                                                            | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |     11613 | NS      | $5353476.87   | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| ION PLAT FIN US/SARL                                    | ION Platform Finance US Inc / ION Platform Finance SARL                           | CUSIP: 46206AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $379541.88    | 0.03%             | 2028-05-15      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| iShares MSCI Brazil ETF                                 | iShares MSCI Brazil ETF                                                           | CUSIP: 464286400<br>LEI: 5493006D2L7KY3ZDF809 | Long             | EC               | RF                | US        |     13963 | NS      | $536039.57    | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares China Large-Cap ETF                             | iShares China Large-Cap ETF                                                       | CUSIP: 464287184<br>LEI: 5493001YVWPO25CNKN94 | Long             | EC               | RF                | US        |     77200 | NS      | $2771480.00   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares Russell 2000 ETF                                | iShares Russell 2000 ETF                                                          | CUSIP: 464287655<br>LEI: 549300O80OAR5VTWR172 | Long             | EC               | RF                | US        |     13900 | NS      | $3447200.00   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| ITHACA ENERGY NORTH                                     | Ithaca Energy North Sea PLC                                                       | CUSIP: 46567TAC8<br>LEI: 213800BMMUN3AKWBIO91 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $205079.20    | 0.01%             | 2029-10-15      | Fixed         | 8.13%                 | No            | 2                  | On Loan: No      |
| JP Morgan Mortgage Trust                                | JP Morgan Mortgage Trust 2021-1                                                   | CUSIP: 46592EAE6<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |  41512212 | PA      | $1197627.32   | 0.08%             | 2051-06-25      | Variable      | 0.50%                 | No            | 2                  | On Loan: No      |
| JP Morgan Mortgage Trust                                | JP Morgan Mortgage Trust 2021-1                                                   | CUSIP: 46592EBQ8<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        | 168455962 | PA      | $1025728.35   | 0.07%             | 2051-06-25      | Variable      | 0.12%                 | No            | 2                  | On Loan: No      |
| JP Morgan Mortgage Trust                                | JP Morgan Mortgage Trust 2021-1                                                   | CUSIP: 46592EBT2<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |  10757292 | PA      | $247853.38    | 0.02%             | 2051-06-25      | Variable      | 0.40%                 | No            | 2                  | On Loan: No      |
| JP Morgan Mortgage Trust                                | JP Morgan Mortgage Trust 2021-1                                                   | CUSIP: 46592ECB0<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |    751117 | PA      | $620320.80    | 0.04%             | 2051-06-25      | Variable      | 3.02%                 | No            | 2                  | On Loan: No      |
| JP Morgan Mortgage Trust                                | JP Morgan Mortgage Trust 2021-1                                                   | CUSIP: 46592ECC8<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |    901340 | PA      | $698040.18    | 0.05%             | 2051-06-25      | Variable      | 3.02%                 | No            | 2                  | On Loan: No      |
| JP Morgan Mortgage Trust                                | JP Morgan Mortgage Trust 2021-1                                                   | CUSIP: 46592ECD6<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |   1533533 | PA      | $724876.98    | 0.05%             | 2051-06-25      | Variable      | 2.78%                 | No            | 2                  | On Loan: No      |
| JPMorgan Chase & Co                                     | JPMorgan Chase & Co                                                               | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     42798 | NS      | $12589459.68  | 0.84%             |  |  |  | No            | 1                  | On Loan: No      |
| JP Morgan Mortgage Trust                                | JP Morgan Mortgage Trust 2021-4                                                   | CUSIP: 46652VCA1<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |   1124624 | PA      | $898115.18    | 0.06%             | 2051-08-25      | Variable      | 2.90%                 | No            | 2                  | On Loan: No      |
| JP Morgan Mortgage Trust                                | JP Morgan Mortgage Trust 2021-4                                                   | CUSIP: 46652VCB9<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |    843358 | PA      | $662062.16    | 0.04%             | 2051-08-25      | Variable      | 2.90%                 | No            | 2                  | On Loan: No      |
| JP Morgan Mortgage Trust                                | JP Morgan Mortgage Trust 2021-4                                                   | CUSIP: 46652VCC7<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |   2208660 | PA      | $957773.42    | 0.06%             | 2051-08-25      | Variable      | 2.90%                 | No            | 2                  | On Loan: No      |
| JETBLUE 2019-1 CLASS AA                                 | JetBlue 2019-1 Class AA Pass Through Trust                                        | CUSIP: 477143AH4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    316608 | PA      | $280588.94    | 0.02%             | 2032-05-15      | Fixed         | 2.75%                 | No            | 2                  | On Loan: No      |
| Johnson & Johnson                                       | Johnson & Johnson                                                                 | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     27177 | NS      | $6643145.88   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| KLA Corp                                                | KLA Corp                                                                          | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |       186 | NS      | $273868.26    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| KB Home                                                 | KB Home                                                                           | CUSIP: 48666K109<br>LEI: 549300LGUCWQURMWLG09 | Long             | EC               | CORP              | US        |      8345 | NS      | $431853.75    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| REPUBLIC OF KENYA                                       | Republic of Kenya Government International Bond                                   | CUSIP: 491798AM6<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |    249000 | PA      | $255461.55    | 0.02%             | 2031-02-16      | Fixed         | 9.75%                 | No            | 2                  | On Loan: No      |
| KONDOR FINANCE PLC (NAK)                                | NAK Naftogaz Ukraine via Kondor Finance PLC                                       | CUSIP: 50050MAB1<br>LEI: 213800PUC1T9GI6EIO63 | Long             | DBT              | CORP              | GB        |    269706 | PA      | $210370.95    | 0.01%             | 2028-11-08      | Fixed         | 7.63%                 | No            | 2                  | On Loan: No      |
| KraneShares CSI China Internet ETF                      | KraneShares CSI China Internet ETF                                                | CUSIP: 500767306<br>LEI: 549300URDNVSGEWBN526 | Long             | EC               | RF                | US        |     50850 | NS      | $1445665.50   | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| LD CELULOSE INTERNATIONA                                | LD Celulose International GmbH                                                    | CUSIP: 50206BAA0<br>LEI: 529900EHUSQJVOTP9J45 | Long             | DBT              | CORP              | AT        |    200000 | PA      | $205595.00    | 0.01%             | 2032-01-26      | Fixed         | 7.95%                 | No            | 2                  | On Loan: No      |
| Heidelberg Materials AG                                 | Heidelberg Materials AG                                                           | CUSIP: 000000000<br>LEI: LZ2C6E0W5W7LQMX5ZI37 | Long             | EC               | CORP              | DE        |      4811 | NS      | $1015296.56   | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| Lam Research Corp                                       | Lam Research Corp                                                                 | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |     13114 | NS      | $2801937.24   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Lendmark Funding Trust                                  | Lending Funding Trust 2020-2                                                      | CUSIP: 51507KAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2830000 | PA      | $2830119.71   | 0.19%             | 2031-04-21      | Fixed         | 6.77%                 | No            | 2                  | On Loan: No      |
| Latch Inc                                               | Latch Inc                                                                         | CUSIP: 51818V114<br>LEI: N/A                  | N/A              | DE               |  | US        |     10196 | NS      | $4.08         | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| REPUBLIC OF LATVIA                                      | Latvia Government International Bond                                              | CUSIP: 518417AD2<br>LEI: 25490002QDEB2KTLNK39 | Long             | DBT              | NUSS              | LV        |    201000 | PA      | $201251.25    | 0.01%             | 2034-07-30      | Fixed         | 5.13%                 | No            | 2                  | On Loan: No      |
| Estee Lauder Cos Inc/The                                | Estee Lauder Cos Inc/The                                                          | CUSIP: 518439104<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | EC               | CORP              | US        |      7936 | NS      | $569566.72    | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Lehman Brothers Small Balance Commercial                | Lehman Brothers Small Balance Commercial Mortgage Trust 2007-2                    | CUSIP: 52521VAH5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2535345 | PA      | $2207452.63   | 0.15%             | 2037-06-25      | Floating      | 4.39%                 | No            | 2                  | On Loan: No      |
| Hermes International SCA                                | Hermes International SCA                                                          | CUSIP: 000000000<br>LEI: 969500Y4IJGHJE2MTJ13 | Long             | EC               | CORP              | FR        |      2323 | NS      | $4400577.08   | 0.29%             |  |  |  | No            | 2                  | On Loan: No      |
| Lendmark Funding Trust                                  | Lendmark Funding Trust 2021-1                                                     | CUSIP: 52607MAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2320000 | PA      | $2199451.18   | 0.15%             | 2031-11-20      | Fixed         | 5.05%                 | No            | 2                  | On Loan: No      |
| LESSEN INC                                              | LESSEN INC                                                                        | CUSIP: 527083AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2041016 | PA      | $1533211.22   | 0.10%             | 2028-01-05      | Variable      | 12.44%                | No            | 3                  | On Loan: No      |
| LEVEL 3 FINANCING INC                                   | Level 3 Financing Inc                                                             | CUSIP: 527298CQ4<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    772000 | PA      | $805513.84    | 0.05%             | 2036-01-15      | Fixed         | 8.50%                 | No            | 2                  | On Loan: No      |
| LIBERTY COSTA RICA SR SF                                | Liberty Costa Rica Senior Secured Finance                                         | CUSIP: 530371AA1<br>LEI: 549300W6O2PHTPCYQ751 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $210500.00    | 0.01%             | 2031-01-15      | Fixed         | 10.88%                | No            | 2                  | On Loan: No      |
| Eli Lilly & Co                                          | Eli Lilly & Co                                                                    | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     19412 | NS      | $17854575.24  | 1.19%             |  |  |  | No            | 1                  | On Loan: No      |
| LIONS GATE CAPITAL HOL 1                                | Starz Capital Holdings 1 Inc                                                      | CUSIP: 535939AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2575000 | PA      | $2362562.50   | 0.16%             | 2030-04-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Lionsgate Studios Corp                                  | Lionsgate Studios Corp                                                            | CUSIP: 53626N102<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     95306 | NS      | $913984.54    | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| STARZ CAPITAL HOLDINGS                                  | Starz Capital Holdings LLC                                                        | CUSIP: 53627NAE1<br>LEI: 549300MWJHNLR35C0837 | Long             | DBT              | CORP              | US        |    112000 | PA      | $91280.00     | 0.01%             | 2029-04-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Live Nation Entertainment Inc                           | Live Nation Entertainment Inc                                                     | CUSIP: 538034109<br>LEI: 5493007B9BM9ZXJINO78 | Long             | EC               | CORP              | US        |     32713 | NS      | $4989059.63   | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Lowe's Cos Inc                                          | Lowe's Cos Inc                                                                    | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |       128 | NS      | $30243.84     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Lumen Technologies Inc                                  | Lumen Technologies Inc                                                            | CUSIP: 550241103<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | EC               | CORP              | US        |     80398 | NS      | $558766.10    | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| MCM TR 2021 VFN1                                        | MCM TR 2021 VFN1                                                                  | CUSIP: 55293CAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6152970 | PA      | $5912626.54   | 0.40%             | 2059-01-01      | Variable      | 2.50%                 | No            | 3                  | On Loan: No      |
| DISCOVERY HOLDINGS INC                                  | Discovery Global Holdings Inc                                                     | CUSIP: 55903VBL6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   2631000 | PA      | $2598743.94   | 0.17%             | 2027-03-15      | Fixed         | 3.76%                 | No            | 2                  | On Loan: No      |
| Marathon Petroleum Corp                                 | Marathon Petroleum Corp                                                           | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |      3528 | NS      | $861467.04    | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| MARCOBRE SAC                                            | Marcobre SAC                                                                      | CUSIP: 56625AAA2<br>LEI: 254900BORIUZFCM1XB72 | Long             | DBT              | CORP              | PE        |    200000 | PA      | $193680.00    | 0.01%             | 2036-01-22      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| Maricopa County Industrial Development Authority        | MARICOPA CNTY AZ INDL DEV AUTH EDU REVENUE                                        | CUSIP: 56681NJD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $332084.47    | 0.02%             | 2029-10-01      | Fixed         | 7.38%                 | No            | 2                  | On Loan: No      |
| Sanofi SA                                               | Sanofi SA                                                                         | CUSIP: 000000000<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |     47334 | NS      | $4571033.47   | 0.31%             |  |  |  | No            | 2                  | On Loan: No      |
| Mariner Finance Issuance Trust                          | Mariner Finance Issuance Trust 2021-B                                             | CUSIP: 56847JAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    540000 | PA      | $506757.55    | 0.03%             | 2036-11-20      | Fixed         | 4.68%                 | No            | 2                  | On Loan: No      |
| Mariner Finance Issuance Trust                          | Mariner Finance Issuance Trust 2021-A                                             | CUSIP: 56848DAE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1420000 | PA      | $1370072.52   | 0.09%             | 2036-03-20      | Fixed         | 5.40%                 | No            | 2                  | On Loan: No      |
| Marsh & McLennan Cos Inc                                | Marsh & McLennan Cos Inc                                                          | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |     47625 | NS      | $8260556.25   | 0.55%             |  |  |  | No            | 1                  | On Loan: No      |
| Siemens AG                                              | Siemens AG                                                                        | CUSIP: 000000000<br>LEI: W38RGI023J3WT1HWRP32 | Long             | EC               | CORP              | DE        |      6998 | NS      | $1704951.52   | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| Mastercard Inc                                          | Mastercard Inc                                                                    | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     17960 | NS      | $8973893.60   | 0.60%             |  |  |  | No            | 1                  | On Loan: No      |
| Maverick Gaming LLC                                     | Maverick Gaming LLC 2024 Second Out Term Loan                                     | CUSIP: 57770JAE6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    907055 | PA      | $35556.56     | 0.00%             | 2028-06-05      | Floating      | 11.19%                | No            | 3                  | On Loan: No      |
| McDonald's Corp                                         | McDonald's Corp                                                                   | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |     19580 | NS      | $6085268.20   | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| McKesson Corp                                           | McKesson Corp                                                                     | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |     10195 | NS      | $8822345.20   | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| Medical Solutions Holdings Inc                          | Medical Solutions Holdings Inc 2021 2nd Lien Term Loan                            | CUSIP: 58462QAM3<br>LEI: 549300JH2XHZ7TIKYR39 | Long             | LON              | CORP              | US        |   1052000 | PA      | $84160.00     | 0.01%             | 2029-11-01      | Floating      | 10.77%                | No            | 2                  | On Loan: No      |
| MercadoLibre Inc                                        | MercadoLibre Inc                                                                  | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |       187 | NS      | $323326.74    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Merck & Co Inc                                          | Merck & Co Inc                                                                    | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     34729 | NS      | $4177551.41   | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Meritage Homes Corp                                     | Meritage Homes Corp                                                               | CUSIP: 59001A102<br>LEI: 52990044W9UMFJO2FB97 | Long             | EC               | CORP              | US        |     12647 | NS      | $782090.48    | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Methanex Corp                                           | Methanex Corp                                                                     | CUSIP: 59151K108<br>LEI: 549300TSJHRXT9QXRD13 | Long             | EC               | CORP              | CA        |     24733 | NS      | $1472602.82   | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Microsoft Corp                                          | Microsoft Corp                                                                    | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     71721 | NS      | $26548962.57  | 1.78%             |  |  |  | No            | 1                  | On Loan: No      |
| Micron Technology Inc                                   | Micron Technology Inc                                                             | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     57439 | NS      | $19405191.76  | 1.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Societe Generale SA                                     | Societe Generale SA                                                               | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | EC               | CORP              | FR        |     70076 | NS      | $5116731.69   | 0.34%             |  |  |  | No            | 2                  | On Loan: No      |
| MongoDB Inc                                             | MongoDB Inc                                                                       | CUSIP: 60937P106<br>LEI: 549300TPTG69WKWE1Z37 | Long             | EC               | CORP              | US        |      6998 | NS      | $1712900.46   | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Mahindra & Mahindra Ltd                                 | Mahindra & Mahindra Ltd                                                           | CUSIP: 000000000<br>LEI: 3358003B573EV4KB4Z02 | Long             | EC               | CORP              | IN        |     69108 | NS      | $2167679.91   | 0.15%             |  |  |  | No            | 2                  | On Loan: No      |
| KINGDOM OF MOROCCO                                      | Morocco Government International Bond                                             | CUSIP: 617726AN4<br>LEI: 529900F3MBW9XY5K1X07 | Long             | DBT              | NUSS              | MA        |    200000 | PA      | $203340.00    | 0.01%             | 2028-03-08      | Fixed         | 5.95%                 | No            | 2                  | On Loan: No      |
| MUTHOOT FINANCE LTD                                     | Muthoot Finance Ltd                                                               | CUSIP: 62828M2E0<br>LEI: 335800HAMJMBFL4RRF02 | Long             | DBT              | CORP              | IN        |    415000 | PA      | $408775.00    | 0.03%             | 2030-03-02      | Fixed         | 6.38%                 | No            | 2                  | On Loan: No      |
| MUTHOOT FINANCE LTD                                     | Muthoot Finance Ltd                                                               | CUSIP: 62828M2F7<br>LEI: 335800HAMJMBFL4RRF02 | Long             | DBT              | CORP              | IN        |    200000 | PA      | $192100.00    | 0.01%             | 2030-08-04      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| NRG Energy Inc                                          | NRG Energy Inc                                                                    | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |      2261 | NS      | $330422.54    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| NAVOI MINING METALLURGIC                                | Navoi Mining & Metallurgical Combinat                                             | CUSIP: 63890CAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | UZ        |    200000 | PA      | $208000.00    | 0.01%             | 2031-10-17      | Fixed         | 6.95%                 | No            | 2                  | On Loan: No      |
| NCR ATLEOS LLC                                          | NCR Atleos Corp                                                                   | CUSIP: 638962AA8<br>LEI: 9845005FC3S0VA714741 | Long             | DBT              | CORP              | US        |    430000 | PA      | $460290.21    | 0.03%             | 2029-04-01      | Fixed         | 9.50%                 | No            | 2                  | On Loan: No      |
| Nelnet Student Loan Trust                               | Nelnet Student Loan Trust 2021-B                                                  | CUSIP: 64034QAE8<br>LEI: 5493000EBJ0T2MCM3713 | Long             | ABS-O            | CORP              | US        |    340000 | PA      | $306371.86    | 0.02%             | 2062-04-20      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| Nelnet Student Loan Trust                               | Nelnet Student Loan Trust 2021-A                                                  | CUSIP: 64035DAG1<br>LEI: 5493000EBJ0T2MCM3713 | Long             | ABS-O            | CORP              | US        |   1670000 | PA      | $1522852.29   | 0.10%             | 2062-04-20      | Fixed         | 4.93%                 | No            | 2                  | On Loan: No      |
| Nelnet Student Loan Trust                               | Nelnet Student Loan Trust 2021-C                                                  | CUSIP: 64035GAE9<br>LEI: 5493000EBJ0T2MCM3713 | Long             | ABS-O            | CORP              | US        |    110000 | PA      | $97967.82     | 0.01%             | 2062-04-20      | Fixed         | 4.44%                 | No            | 2                  | On Loan: No      |
| CSC Holdings LLC                                        | CSC Holdings LLC 2019 Term Loan B5                                                | CUSIP: 64072UAK8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | LON              | CORP              | US        |    570234 | PA      | $501269.48    | 0.03%             | 2027-04-15      | Floating      | 8.25%                 | No            | 2                  | On Loan: No      |
| Netflix Inc                                             | Netflix Inc                                                                       | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     35002 | NS      | $3365442.30   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| SK hynix Inc                                            | SK hynix Inc                                                                      | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |      2884 | NS      | $1636279.96   | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| New Residential Mortgage Loan Trust                     | New Residential Mortgage Loan Trust 2021-NQM1R                                    | CUSIP: 64828BAE1<br>LEI: 2138001CG5SYL78G3648 | Long             | ABS-MBS          | CORP              | US        |   1370000 | PA      | $1192644.46   | 0.08%             | 2055-07-25      | Variable      | 3.53%                 | No            | 2                  | On Loan: No      |
| New Residential Mortgage Loan Trust                     | New Residential Mortgage Loan Trust 2021-NQM1R                                    | CUSIP: 64828BAF8<br>LEI: 2138001CG5SYL78G3648 | Long             | ABS-MBS          | CORP              | US        |   1022000 | PA      | $908508.84    | 0.06%             | 2055-07-25      | Variable      | 4.33%                 | No            | 2                  | On Loan: No      |
| New Residential Mortgage Loan Trust                     | New Residential Mortgage Loan Trust 2019-RPL2                                     | CUSIP: 64830HAG9<br>LEI: 2138001CG5SYL78G3648 | Long             | ABS-MBS          | CORP              | US        |   9329000 | PA      | $7526683.85   | 0.50%             | 2059-02-25      | Variable      | 3.95%                 | No            | 2                  | On Loan: No      |
| Flagstar Bank NA                                        | Flagstar Bank NA                                                                  | CUSIP: 649445400<br>LEI: SS1TRMSN6BRNMOREEV51 | Long             | EC               | CORP              | US        |    209364 | NS      | $2757323.88   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| NextEra Energy Inc                                      | NextEra Energy Inc                                                                | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |    115207 | NS      | $10700426.16  | 0.72%             |  |  |  | No            | 1                  | On Loan: No      |
| BYD Co Ltd                                              | BYD Co Ltd                                                                        | CUSIP: 000000000<br>LEI: 5299005557VL7ULJ7A69 | Long             | EC               | CORP              | CN        |    297733 | NS      | $4070405.91   | 0.27%             |  |  |  | No            | 2                  | On Loan: No      |
| REPUBLIC OF NIGERIA                                     | Nigeria Government International Bond                                             | CUSIP: 65412AFD9<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    200000 | PA      | $228800.00    | 0.02%             | 2034-12-09      | Fixed         | 10.38%                | No            | 2                  | On Loan: No      |
| NVIDIA Corp                                             | NVIDIA Corp                                                                       | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    184747 | NS      | $32219876.80  | 2.16%             |  |  |  | No            | 1                  | On Loan: No      |
| OCP CLO Ltd                                             | OCP CLO 2020-20 Ltd                                                               | CUSIP: 670859AU1<br>LEI: 25490028U8Y2XMZWXO46 | Long             | ABS-CBDO         | CORP              | KY        |   3500000 | PA      | $3438529.85   | 0.23%             | 2037-04-18      | Floating      | 7.27%                 | No            | 2                  | On Loan: No      |
| OFFICE CHERIFIEN DES PHO                                | OCP SA                                                                            | CUSIP: 67091TAG0<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |    317000 | PA      | $332315.86    | 0.02%             | 2054-05-02      | Fixed         | 7.50%                 | No            | 2                  | On Loan: No      |
| OCP CLO Ltd                                             | OCP CLO 2020-18 Ltd                                                               | CUSIP: 671078BG7<br>LEI: 254900MN6N176YEZLX15 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $500508.50    | 0.03%             | 2037-07-20      | Floating      | 6.77%                 | No            | 2                  | On Loan: No      |
| Offerpad Solutions Inc                                  | Offerpad Solutions Inc                                                            | CUSIP: 67623L117<br>LEI: N/A                  | N/A              | DE               |  | US        |     60706 | NS      | $467.44       | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Samsung Electronics Co Ltd                              | Samsung Electronics Co Ltd                                                        | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |     56436 | NS      | $6600827.55   | 0.44%             |  |  |  | No            | 2                  | On Loan: No      |
| OH Partners LLC                                         | OH Partners LLC Term Loan                                                         | CUSIP: 67742MAB9<br>LEI: 549300Z0YR6RZJ5V9548 | Long             | LON              | CORP              | US        |   1033227 | PA      | $1035809.83   | 0.07%             | 2032-11-12      | Floating      | 6.42%                 | No            | 3                  | On Loan: No      |
| Oracle Corp                                             | Oracle Corp                                                                       | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     14239 | NS      | $2094699.29   | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd               | Taiwan Semiconductor Manufacturing Co Ltd                                         | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     58000 | NS      | $3354402.44   | 0.22%             |  |  |  | No            | 2                  | On Loan: No      |
| PBF Energy Inc                                          | PBF Energy Inc                                                                    | CUSIP: 69318G106<br>LEI: 2549003PBEDCSZMZIY02 | Long             | EC               | CORP              | US        |     18408 | NS      | $876588.96    | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Palantir Technologies Inc                               | Palantir Technologies Inc                                                         | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     18710 | NS      | $2736898.80   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Paramount Skydance Corp                                 | Paramount Skydance Corp                                                           | CUSIP: 69932A204<br>LEI: 529900B6VAJG54Y9QF02 | Long             | EC               | CORP              | US        |      3734 | NS      | $33680.68     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Parker-Hannifin Corp                                    | Parker-Hannifin Corp                                                              | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      5245 | NS      | $4695533.80   | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Peninsula Pacific Entertainment LLC                     | Peninsula Pacific Entertainment LLC 2025 Term Loan B                              | CUSIP: 70715SAB3<br>LEI: 549300LWV74H4IE3FG45 | Long             | LON              | CORP              | US        |   2374301 | PA      | $2362429.77   | 0.16%             | 2032-10-01      | Floating      | 8.45%                 | No            | 2                  | On Loan: No      |
| Peninsula Pacific Entertainment LLC                     | Peninsula Pacific Entertainment LLC 2025 Delayed Draw Term Loan                   | CUSIP: 70715SAD9<br>LEI: 549300LWV74H4IE3FG45 | Long             | LON              | CORP              | US        |    857016 | PA      | $852731.14    | 0.06%             | 2032-10-01      | Floating      | 8.42%                 | No            | 2                  | On Loan: No      |
| PepsiCo Inc                                             | PepsiCo Inc                                                                       | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     17531 | NS      | $2722388.99   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Peru Government International Bonds                     | Peru Government International Bonds                                               | CUSIP: 715638DF6<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    152000 | PA      | $138772.20    | 0.01%             | 2031-01-23      | Fixed         | 2.78%                 | No            | 2                  | On Loan: No      |
| Peru Government International Bonds                     | Peru Government International Bonds                                               | CUSIP: 715638DP4<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    142000 | PA      | $117008.00    | 0.01%             | 2032-12-01      | Fixed         | 1.86%                 | No            | 2                  | On Loan: No      |
| PETROBRAS GLOBAL FINANCE                                | Petrobras Global Finance BV                                                       | CUSIP: 71645WAS0<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |     96000 | PA      | $93484.80     | 0.01%             | 2041-01-27      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| PETROLEOS MEXICANOS                                     | Petroleos Mexicanos                                                               | CUSIP: 71654QDE9<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    188000 | PA      | $179812.60    | 0.01%             | 2031-01-28      | Fixed         | 5.95%                 | No            | 2                  | On Loan: No      |
| PETROLEOS MEXICANOS                                     | Petroleos Mexicanos                                                               | CUSIP: 71654QDL3<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    206555 | PA      | $217171.93    | 0.01%             | 2029-06-02      | Fixed         | 8.75%                 | No            | 2                  | On Loan: No      |
| Philip Morris International Inc                         | Philip Morris International Inc                                                   | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     30063 | NS      | $4970616.42   | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| EssilorLuxottica SA                                     | EssilorLuxottica SA                                                               | CUSIP: 000000000<br>LEI: 549300M3VH1A3ER1TB49 | Long             | EC               | CORP              | FR        |     14201 | NS      | $3309189.86   | 0.22%             |  |  |  | No            | 2                  | On Loan: No      |
| PITNEY BOWES INC                                        | Pitney Bowes Inc                                                                  | CUSIP: 724479AP5<br>LEI: 549300N2O26NW4ST6W55 | Long             | DBT              | CORP              | US        |   1822000 | PA      | $1819595.14   | 0.12%             | 2027-03-15      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| PLUSPETROL CAM/PLUS LOTE                                | Pluspetrol Camisea SA / Pluspetrol Lote 56 SA                                     | CUSIP: 72941KAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |    155000 | PA      | $160618.75    | 0.01%             | 2036-07-03      | Fixed         | 6.24%                 | No            | 2                  | On Loan: No      |
| Republic of Poland Government International Bonds       | Republic of Poland Government International Bonds                                 | CUSIP: 731011AV4<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |     48000 | PA      | $47895.84     | 0.00%             | 2033-10-04      | Fixed         | 4.88%                 | No            | 2                  | On Loan: No      |
| Republic of Poland Government International Bonds       | Republic of Poland Government International Bonds                                 | CUSIP: 731011AW2<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    149000 | PA      | $136999.54    | 0.01%             | 2053-04-04      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Port of Beaumont Navigation District                    | PORT BEAUMONT TX NAV DIST DOCK& WHARF FAC REVENUE                                 | CUSIP: 73360CAS3<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |    520000 | PA      | $520442.26    | 0.03%             | 2026-07-01      | Fixed         | 10.00%                | No            | 2                  | On Loan: No      |
| Prodigy Finance Designated Activity Co                  | Prodigy Finance CM2021-1 DAC                                                      | CUSIP: 742855AC3<br>LEI: 635400HTAZNW3LYYMQ40 | Long             | ABS-O            | CORP              | IE        |     49520 | PA      | $49254.27     | 0.00%             | 2051-07-25      | Floating      | 7.54%                 | No            | 2                  | On Loan: No      |
| Prodigy Finance Designated Activity Co                  | Prodigy Finance CM2021-1 DAC                                                      | CUSIP: 742857AA3<br>LEI: 635400HTAZNW3LYYMQ40 | Long             | ABS-O            | CORP              | IE        |     49501 | PA      | $49518.18     | 0.00%             | 2051-07-25      | Floating      | 9.69%                 | No            | 2                  | On Loan: No      |
| Progressive Corp/The                                    | Progressive Corp/The                                                              | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     36075 | NS      | $7151508.00   | 0.48%             |  |  |  | No            | 1                  | On Loan: No      |
| Progress Residential Trust                              | Progress Residential 2021-SFR3                                                    | CUSIP: 74333VAS3<br>LEI: 5493002EEQ4GX2578787 | Long             | ABS-O            | CORP              | US        |   1140000 | PA      | $1135792.49   | 0.08%             | 2026-05-17      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| UNIQUE PUB FINANCE CO                                   | Unique Pub Finance Co PLC/The                                                     | CUSIP: 000000000<br>LEI: 213800FOMWLKHQTI5562 | Long             | DBT              | CORP              | GB        |    266928 | PA      | $362825.38    | 0.02%             | 2032-03-30      | Fixed         | 6.46%                 | No            | 2                  | On Loan: No      |
| Commonwealth of Puerto Rico                             | PUERTO RICO CMWLTH                                                                | CUSIP: 74514L4G9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   4360935 | PA      | $2660170.56   | 0.18%             | 2051-11-01      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| RH                                                      | RH                                                                                | CUSIP: 74967X103<br>LEI: 5493008MTS3OGGMHGK69 | Long             | EC               | CORP              | US        |       740 | NS      | $103466.80    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Regatta XX Funding Ltd                                  | Regatta XX Funding Ltd                                                            | CUSIP: 75884YAN8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1471718.70   | 0.10%             | 2038-01-15      | Floating      | 6.27%                 | No            | 2                  | On Loan: No      |
| REGIONAL MGMT ISSUANCE                                  | REGIONAL MGMT ISSUANCE                                                            | CUSIP: 75907WAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4780000 | PA      | $4696350.00   | 0.31%             | 2033-10-17      | Fixed         | 3.88%                 | No            | 3                  | On Loan: No      |
| Oriental Republic of Uruguay                            | Oriental Republic of Uruguay                                                      | CUSIP: 760942BG6<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    216000 | PA      | $195696.00    | 0.01%             | 2060-09-10      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Residential Mortgage Loan Trust                         | Residential Mortgage Loan Trust 2020-1                                            | CUSIP: 76119CAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $381236.04    | 0.03%             | 2060-01-26      | Variable      | 3.95%                 | No            | 2                  | On Loan: No      |
| RESORT CMNTYS LOANCO LP                                 | RESORT CMNTYS LOANCO LP                                                           | CUSIP: 76125UAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |  10342667 | PA      | $10181321.39  | 0.68%             | 2028-11-21      | Fixed         | 12.00%                | No            | 3                  | On Loan: No      |
| RINGCENTRAL INC                                         | RingCentral Inc                                                                   | CUSIP: 76680RAJ6<br>LEI: 549300C8EH0H1614VE84 | Long             | DBT              | CORP              | US        |   1430000 | PA      | $1496035.97   | 0.10%             | 2030-08-15      | Fixed         | 8.50%                 | No            | 2                  | On Loan: No      |
| Rockwell Automation Inc                                 | Rockwell Automation Inc                                                           | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |      5264 | NS      | $1889144.32   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| ROMANIA                                                 | Romanian Government International Bond                                            | CUSIP: 77586RAN0<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     46000 | PA      | $45964.58     | 0.00%             | 2027-11-25      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Ross Stores Inc                                         | Ross Stores Inc                                                                   | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |       517 | NS      | $111997.71    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| SMB Private Education Loan Trust                        | SMB Private Education Loan Trust 2021-A                                           | CUSIP: 78448YAF8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1185673 | PA      | $1070986.69   | 0.07%             | 2053-01-15      | Fixed         | 3.86%                 | No            | 2                  | On Loan: No      |
| SMB Private Education Loan Trust                        | SMB Private Education Loan Trust 2021-A                                           | CUSIP: 78448YAL5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    647038 | PA      | $585954.78    | 0.04%             | 2053-01-15      | Fixed         | 3.86%                 | No            | 2                  | On Loan: No      |
| SM Energy Co                                            | SM Energy Co                                                                      | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |     45092 | NS      | $1405968.56   | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| SPDR Gold Shares                                        | SPDR Gold Shares                                                                  | CUSIP: 78463V107<br>LEI: 549300SMREV46EHBHL79 | Long             | EC               | RF                | US        |     38130 | NS      | $16406957.70  | 1.10%             |  |  |  | No            | 1                  | On Loan: No      |
| State Street SPDR S&P Regional Banking ETF              | State Street SPDR S&P Regional Banking ETF                                        | CUSIP: 78464A698<br>LEI: 549300EFWJBKUN6WJX52 | Long             | EC               | RF                | US        |     17277 | NS      | $1125596.55   | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| State Street SPDR S&P Biotech ETF                       | State Street SPDR S&P Biotech ETF                                                 | CUSIP: 78464A870<br>LEI: 549300Y3ODFMPD5XXL58 | Long             | EC               | RF                | US        |     45000 | NS      | $5747850.00   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| State Street SPDR S&P Homebuilders ETF                  | State Street SPDR S&P Homebuilders ETF                                            | CUSIP: 78464A888<br>LEI: 549300MSE80LL1UJS132 | Long             | EC               | RF                | US        |      8193 | NS      | $808812.96    | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| SABRE GLBL INC                                          | Sabre GLBL Inc                                                                    | CUSIP: 78573NAL6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    506000 | PA      | $432247.97    | 0.03%             | 2029-11-15      | Fixed         | 10.75%                | No            | 2                  | On Loan: No      |
| SABRE GLBL INC                                          | Sabre GLBL Inc                                                                    | CUSIP: 78573NAN2<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    635000 | PA      | $533714.92    | 0.04%             | 2030-03-15      | Fixed         | 10.75%                | No            | 2                  | On Loan: No      |
| SABRE FINANCIAL BORROWER                                | Sabre Financial Borrower LLC                                                      | CUSIP: 78573XAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    595000 | PA      | $608877.19    | 0.04%             | 2029-06-15      | Fixed         | 11.13%                | No            | 2                  | On Loan: No      |
| SAMARCO MINERACAO SA                                    | Samarco Mineracao SA                                                              | CUSIP: 79588YAA7<br>LEI: 529900U8HKV15GJC4O60 | Long             | DBT              | CORP              | BR        |     33952 | PA      | $33442.72     | 0.00%             | 2031-06-30      | Fixed         | 9.50%                 | No            | 2                  | On Loan: No      |
| Palladyne AI Corp                                       | Palladyne AI Corp                                                                 | CUSIP: 80359A114<br>LEI: N/A                  | N/A              | DE               |  | US        |     68671 | NS      | $4305.67      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Palladyne AI Corp                                       | Palladyne AI Corp                                                                 | CUSIP: 80359A205<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7517 | NS      | $45628.19     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| SASOL FINANCING USA LLC                                 | Sasol Financing USA LLC                                                           | CUSIP: 80386WAB1<br>LEI: 549300XRB1PFMESFEL85 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201814.00    | 0.01%             | 2028-09-27      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| SAUDI INTERNATIONAL BOND                                | Saudi Government International Bond                                               | CUSIP: 80413TBE8<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    658000 | PA      | $555674.42    | 0.04%             | 2053-01-18      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| SEAGATE DATA STOR                                       | Seagate Data Storage Technology Pte Ltd                                           | CUSIP: 81180LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |     55000 | PA      | $55904.20     | 0.00%             | 2030-07-15      | Fixed         | 5.88%                 | No            | 2                  | On Loan: No      |
| Seagate Data Storage Technology Pte Ltd                 | SEAGATE DATA STOR                                                                 | CUSIP: 81180LAM7<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |    639000 | PA      | $671070.13    | 0.04%             | 2029-12-15      | Fixed         | 8.25%                 | No            | 2                  | On Loan: No      |
| Seagate Data Storage Technology Pte Ltd                 | SEAGATE DATA STOR                                                                 | CUSIP: 81180LAQ8<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |    326000 | PA      | $341793.40    | 0.02%             | 2031-07-15      | Fixed         | 8.50%                 | No            | 2                  | On Loan: No      |
| Seagate Data Storage Technology Pte Ltd                 | SEAGATE DATA STORAGE TECH                                                         | CUSIP: 81180LAR6<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |    550000 | PA      | $611274.40    | 0.04%             | 2032-12-01      | Fixed         | 9.63%                 | No            | 2                  | On Loan: No      |
| REPUBLIC OF SERBIA                                      | Serbia International Bond                                                         | CUSIP: 817477AJ1<br>LEI: 254900W94OCY91V32O78 | Long             | DBT              | NUSS              | RS        |    236000 | PA      | $236000.00    | 0.02%             | 2034-06-12      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| SERVICE PROPERTIES TRUST                                | Service Properties Trust                                                          | CUSIP: 81761LAF9<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |   1185000 | PA      | $1078107.39   | 0.07%             | 2027-09-30      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| ServiceNow Inc                                          | ServiceNow Inc                                                                    | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      6138 | NS      | $641727.90    | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| ServiceTitan Inc                                        | ServiceTitan Inc                                                                  | CUSIP: 81764X103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10149 | NS      | $644055.54    | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| QXO Inc                                                 | QXO Inc                                                                           | CUSIP: 82846H405<br>LEI: 549300HDXQWWCBOYXP31 | Long             | EC               | CORP              | US        |     19226 | NS      | $373368.92    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Six Flags Entertainment Corp                            | Six Flags Entertainment Corp                                                      | CUSIP: 83001C108<br>LEI: 529900AS2CYWYFHRS781 | Long             | EC               | CORP              | US        |     28907 | NS      | $513099.25    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| SIX FLAGS/CAN WON/MILLEN                                | Six Flags Entertainment Corp/Canada's Wonderland Co/Millennium Operations LLC     | CUSIP: 83003AAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    235000 | PA      | $235379.13    | 0.02%             | 2032-01-15      | Fixed         | 8.63%                 | No            | 2                  | On Loan: No      |
| SMB Private Education Loan Trust                        | SMB Private Education Loan Trust 2021-C                                           | CUSIP: 83208AAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    260444 | PA      | $233426.37    | 0.02%             | 2053-01-15      | Fixed         | 3.93%                 | No            | 2                  | On Loan: No      |
| Solaris Energy Infrastructure Inc                       | Solaris Energy Infrastructure Inc                                                 | CUSIP: 83418M103<br>LEI: 529900MTK3C8Y8TIIC10 | Long             | EC               | CORP              | US        |      7693 | NS      | $434731.43    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| SOLARIS ENERGY INFRASTRU                                | Solaris Energy Infrastructure Inc                                                 | CUSIP: 83419XAA6<br>LEI: 529900MTK3C8Y8TIIC10 | Long             | DBT              | CORP              | US        |   1454000 | PA      | $3450342.00   | 0.23%             | 2030-05-01      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| SOLARIS ENERGY INFRASTRU                                | Solaris Energy Infrastructure Inc                                                 | CUSIP: 83419XAB4<br>LEI: 529900MTK3C8Y8TIIC10 | Long             | DBT              | CORP              | US        |   3782000 | PA      | $4722772.50   | 0.32%             | 2031-10-01      | Fixed         | 0.25%                 | No            | 2                  | On Loan: No      |
| Sound Point CLO LTD                                     | Sound Point CLO XXVI Ltd                                                          | CUSIP: 83614XAW1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $239305.53    | 0.02%             | 2034-07-20      | Floating      | 7.28%                 | No            | 2                  | On Loan: No      |
| Republic of South Africa Government International Bonds | Republic of South Africa Government International Bonds                           | CUSIP: 836205BB9<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    475000 | PA      | $368125.00    | 0.02%             | 2049-09-30      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| SPIRIT AIR 2015-1 PTT A                                 | Spirit Airlines Pass Through Trust 2015-1A                                        | CUSIP: 84858DAA6<br>LEI: 549300DCAFIXFNFR3304 | Long             | DBT              | CORP              | US        |     44800 | PA      | $43972.53     | 0.00%             | 2028-04-01      | Fixed         | 4.10%                 | No            | 2                  | On Loan: No      |
| SPIRIT AIR 2017-1 PTT AA                                | Spirit Airlines Pass Through Trust 2017-1AA                                       | CUSIP: 84858WAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    511036 | PA      | $477561.61    | 0.03%             | 2030-02-15      | Fixed         | 3.38%                 | No            | 2                  | On Loan: No      |
| SPIRIT AIR 2017-1 PTT A                                 | Spirit Airlines Pass Through Trust 2017-1A                                        | CUSIP: 84858XAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1340673 | PA      | $1225030.50   | 0.08%             | 2030-02-15      | Fixed         | 3.65%                 | No            | 2                  | On Loan: No      |
| Starbucks Corp                                          | Starbucks Corp                                                                    | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |      2070 | NS      | $185451.30    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Starwood Mortgage Residential Trust 2020-INV1           | Starwood Mortgage Residential Trust 2020-INV                                      | CUSIP: 85573EAF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1225000 | PA      | $1047583.74   | 0.07%             | 2055-11-25      | Fixed         | 4.26%                 | No            | 2                  | On Loan: No      |
| Starz Entertainment Corp                                | Starz Entertainment Corp                                                          | CUSIP: 855919106<br>LEI: 5493000JSMHPHZURLM72 | Long             | EC               | CORP              | CA        |      3086 | NS      | $35489.00     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| STEM INC                                                | Stem Inc                                                                          | CUSIP: 85859NAA0<br>LEI: 549300GVWIYFILN5V546 | Long             | DBT              | CORP              | US        |    200000 | PA      | $81886.99     | 0.01%             | 2028-12-01      | Fixed         | 0.50%                 | No            | 2                  | On Loan: No      |
| STILLWATER MINING CO                                    | Stillwater Mining Co                                                              | CUSIP: 86074QAQ5<br>LEI: 6354007DPCY4ZN2MRR73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $188278.00    | 0.01%             | 2029-11-16      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Stratus CLO                                             | Stratus CLO 2021-1 Ltd                                                            | CUSIP: 863171AE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $0.10         | 0.00%             | 2029-12-29      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| Structured Asset Securities Corporation                 | Structured Asset Securities Corp Mortgage Loan Trust 2005-WF2                     | CUSIP: 86359DDJ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    182214 | PA      | $180906.66    | 0.01%             | 2035-05-25      | Floating      | 5.59%                 | No            | 2                  | On Loan: No      |
| Stryker Corp                                            | Stryker Corp                                                                      | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |     24223 | NS      | $7959435.57   | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| Suncor Energy Inc                                       | Suncor Energy Inc                                                                 | CUSIP: 867224107<br>LEI: 894500XO86FKXQGPYV71 | Long             | EC               | CORP              | CA        |     92109 | NS      | $6092264.46   | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| Synopsys Inc                                            | Synopsys Inc                                                                      | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |       642 | NS      | $254540.16    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| TJX Cos Inc/The                                         | TJX Cos Inc/The                                                                   | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     71791 | NS      | $11465022.70  | 0.77%             |  |  |  | No            | 1                  | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd               | Taiwan Semiconductor Manufacturing Co Ltd                                         | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     74150 | NS      | $25058992.50  | 1.68%             |  |  |  | No            | 1                  | On Loan: No      |
| TALEN ENERGY SUPPLY LLC                                 | Talen Energy Supply LLC                                                           | CUSIP: 87422VAK4<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |    240000 | PA      | $251778.48    | 0.02%             | 2030-06-01      | Fixed         | 8.63%                 | No            | 2                  | On Loan: No      |
| Targa Resources Corp                                    | Targa Resources Corp                                                              | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |     11063 | NS      | $2773825.99   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| TELECOM ARGENTINA SA                                    | Telecom Argentina SA                                                              | CUSIP: 879273AV2<br>LEI: 549300MKPIRSJD8SB782 | Long             | DBT              | CORP              | AR        |     93362 | PA      | $96665.77     | 0.01%             | 2033-05-28      | Fixed         | 9.25%                 | No            | 2                  | On Loan: No      |
| TELECOM ITALIA CAPITAL                                  | Telecom Italia Capital SA                                                         | CUSIP: 87927VAV0<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |     74000 | PA      | $82412.84     | 0.01%             | 2038-06-04      | Fixed         | 7.72%                 | No            | 2                  | On Loan: No      |
| Tenaska Westmoreland Management LLC                     | Tenaska Westmoreland Management LLC Term Loan B                                   | CUSIP: 88032VAB4<br>LEI: 549300CB8VIHF2XGYM96 | Long             | LON              | CORP              | US        |    835000 | PA      | $830825.00    | 0.06%             | 2033-02-18      | Floating      | 5.88%                 | No            | 3                  | On Loan: No      |
| Tesla Inc                                               | Tesla Inc                                                                         | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     24905 | NS      | $9258433.75   | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| TEXAS CAPITAL BANCSHARES                                | Texas Capital Bancshares Inc                                                      | CUSIP: 88224QAA5<br>LEI: 549300466Q2SXRX0YM48 | Long             | DBT              | CORP              | US        |    794000 | PA      | $792687.59    | 0.05%             | 2031-05-06      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| TEXAS CAPITAL BANCSHARES                                | Texas Capital Bancshares Inc                                                      | CUSIP: 88224QAC1<br>LEI: 549300466Q2SXRX0YM48 | Long             | DBT              | CORP              | US        |    456000 | PA      | $449595.51    | 0.03%             | 2032-02-27      | Fixed         | 5.30%                 | No            | 2                  | On Loan: No      |
| Thermo Fisher Scientific Inc                            | Thermo Fisher Scientific Inc                                                      | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      9651 | NS      | $4743756.03   | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Toll Brothers Inc                                       | Toll Brothers Inc                                                                 | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               | CORP              | US        |      2006 | NS      | $273758.82    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| TopBuild Corp                                           | TopBuild Corp                                                                     | CUSIP: 89055F103<br>LEI: 5493007YSKHOL4RWII46 | Long             | EC               | CORP              | US        |       214 | NS      | $75178.20     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Trestles CLO LTD                                        | TRESTLES CLO 2017-1 Ltd                                                           | CUSIP: 89531FBG1<br>LEI: 254900QSBDX181YYBH38 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $500542.50    | 0.03%             | 2037-07-25      | Floating      | 6.82%                 | No            | 2                  | On Loan: No      |
| Tricon Residential                                      | Tricon Residential 2021-SFR1 Trust                                                | CUSIP: 89614YAG1<br>LEI: 549300Z2X1L1L3MID765 | Long             | ABS-O            | CORP              | US        |   1375000 | PA      | $1365376.24   | 0.09%             | 2038-07-17      | Fixed         | 3.69%                 | No            | 2                  | On Loan: No      |
| Tricon Residential                                      | Tricon Residential 2021-SFR1 Trust                                                | CUSIP: 89614YAH9<br>LEI: 549300Z2X1L1L3MID765 | Long             | ABS-O            | CORP              | US        |    887000 | PA      | $880063.48    | 0.06%             | 2038-07-17      | Fixed         | 4.13%                 | No            | 2                  | On Loan: No      |
| TRINIDAD & TOBAGO                                       | Trinidad & Tobago Government International Bond                                   | CUSIP: 896292AN9<br>LEI: N/A                  | Long             | DBT              | NUSS              | TT        |    200000 | PA      | $198000.00    | 0.01%             | 2036-01-28      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| TURKCELL ILETISIM HIZMET                                | Turkcell Iletisim Hizmetleri AS                                                   | CUSIP: 900111AD7<br>LEI: 7890003EX1LTLS2FFL84 | Long             | DBT              | CORP              | TR        |    200000 | PA      | $203252.00    | 0.01%             | 2032-01-24      | Fixed         | 7.65%                 | No            | 2                  | On Loan: No      |
| Turkiye Government International Bonds                  | Turkiye Government International Bonds                                            | CUSIP: 900123DP2<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    226000 | PA      | $226339.00    | 0.02%             | 2032-02-12      | Fixed         | 7.13%                 | No            | 2                  | On Loan: No      |
| HAWKEYE 360 MGR WTS                                     | HAWKEYE 360 MGR WTS                                                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |     49340 | NS      | $1025778.60   | 0.07%             |  |  |  | No            | 3                  | On Loan: No      |
| HAWKEYE 360 0.01 WTS                                    | HAWKEYE 360 0.01 WTS                                                              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |    124337 | NS      | $2584966.23   | 0.17%             |  |  |  | No            | 3                  | On Loan: No      |
| HAWKEYE 360 ATM WARRANTS                                | HAWKEYE 360 ATM WARRANTS                                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |     19736 | NS      | $355050.64    | 0.02%             |  |  |  | No            | 3                  | On Loan: No      |
| SPACE EXPLORATION TECHNOLOGIES CORP                     | SPACE EXPLORATION TECHNOLOGIES CORP                                               | CUSIP: 000000000<br>LEI: 549300B9WLO96RQCXP87 | Long             | STIV             | CORP              | US        |     20535 | NS      | $10813525.65  | 0.72%             |  |  |  | Yes           | 3                  | On Loan: No      |
| SPACE EXPLORATION TECHNOLOGIES CORP                     | SPACE EXPLORATION TECHNOLOGIES CORP                                               | CUSIP: 000000000<br>LEI: 549300B9WLO96RQCXP87 | Long             | STIV             | CORP              | US        |     22040 | NS      | $11606043.60  | 0.78%             |  |  |  | Yes           | 3                  | On Loan: No      |
| RAPIDSOS SERIES C 1 EQUITY                              | RAPIDSOS SERIES C 1 EQUITY                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1707127 | NS      | $1809554.62   | 0.12%             |  |  |  | No            | 3                  | On Loan: No      |
| LESSEN HOLDINGS INC PREF                                | LESSEN HOLDINGS INC PREF                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25831 | NS      | $0.26         | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| HNG HOSPITALITY OFFSHORE LP                             | HNG HOSPITALITY OFFSHORE LP                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   2660000 | NS      | $1596000.00   | 0.11%             |  |  |  | Yes           | 3                  | On Loan: No      |
| BRIGHT MACHINES SERIES C 1                              | BRIGHT MACHINES SERIES C 1                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    985059 | NS      | $78804.74     | 0.01%             |  |  |  | No            | 3                  | On Loan: No      |
| BRIGHT MACHINES SERIES C                                | BRIGHT MACHINES SERIES C                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    472899 | NS      | $99308.79     | 0.01%             |  |  |  | No            | 3                  | On Loan: No      |
| FREEWIRE EQUITY                                         | FREEWIRE EQUITY                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        45 | NS      | $0.00         | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| CROWN PROPTECH UNVESTED                                 | CROWN PROPTECH UNVESTED                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33264 | NS      | $0.33         | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| 10X FUTURE TECHNOLOGIES SERVICES LTD                    | 10X FUTURE TECHNOLOGIES SERVICES LTD                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |    114500 | NS      | $400097.95    | 0.03%             |  |  |  | Yes           | 3                  | On Loan: No      |
| RAPIDSOS WARRANTS                                       | RAPIDSOS WARRANTS                                                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |    946544 | NS      | $993871.20    | 0.07%             |  |  |  | No            | 3                  | On Loan: No      |
| 10X FUTURE TECHNOLOGIES SERVICES LTD                    | 10X FUTURE TECHNOLOGIES SERVICES LTD                                              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | GB        |    137950 | NS      | $7303.63      | 0.00%             |  |  |  | Yes           | 3                  | On Loan: No      |
| BREEZE AVIATION GROUP INC                               | BREEZE AVIATION GROUP INC                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1844918 | PA      | $1840305.91   | 0.12%             | 2028-01-30      | Fixed         | 20.00%                | Yes           | 3                  | On Loan: No      |
| WESTBAY 4A2 NOTES                                       | WESTBAY 4A2 NOTES                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9314000 | PA      | $9197575.00   | 0.62%             | 2030-02-06      | Fixed         | 11.00%                | No            | 3                  | On Loan: No      |
| Uber Technologies Inc                                   | Uber Technologies Inc                                                             | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     19844 | NS      | $1427378.92   | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| UKRAINE GOVERNMENT                                      | Ukraine Government International Bond                                             | CUSIP: 903724BZ4<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     75283 | PA      | $52698.10     | 0.00%             | 2029-02-01      | Variable      | 4.50%                 | No            | 2                  | On Loan: No      |
| UKRAINE GOVERNMENT                                      | Ukraine Government International Bond                                             | CUSIP: 903724CA8<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     50188 | PA      | $26649.83     | 0.00%             | 2034-02-01      | Variable      | 4.50%                 | No            | 2                  | On Loan: No      |
| UKRAINE GOVERNMENT                                      | Ukraine Government International Bond                                             | CUSIP: 903724CD2<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |      6853 | PA      | $4002.15      | 0.00%             | 2030-02-01      | Variable      | 0.00%                 | No            | 2                  | On Loan: No      |
| UKRAINE GOVERNMENT                                      | Ukraine Government International Bond                                             | CUSIP: 903724CE0<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     25611 | PA      | $10910.29     | 0.00%             | 2034-02-01      | Variable      | 0.00%                 | No            | 2                  | On Loan: No      |
| UKRAINE GOVERNMENT                                      | Ukraine Government International Bond                                             | CUSIP: 903724CF7<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     21643 | PA      | $9912.49      | 0.00%             | 2035-02-01      | Variable      | 0.00%                 | No            | 2                  | On Loan: No      |
| UKRAINE GOVERNMENT                                      | Ukraine Government International Bond                                             | CUSIP: 903724CG5<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     18036 | PA      | $8242.45      | 0.00%             | 2036-02-01      | Variable      | 0.00%                 | No            | 2                  | On Loan: No      |
| Ulta Beauty Inc                                         | Ulta Beauty Inc                                                                   | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |       336 | NS      | $175630.56    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Union Pacific Corp                                      | Union Pacific Corp                                                                | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     17730 | NS      | $4301652.60   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| UNITED AIR 2019-2 A PTT                                 | United Airlines 2019-2 Class A Pass Through Trust                                 | CUSIP: 90932MAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    211057 | PA      | $202200.88    | 0.01%             | 2028-05-01      | Fixed         | 2.90%                 | No            | 2                  | On Loan: No      |
| United Airlines Holdings Inc                            | United Airlines Holdings Inc                                                      | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |     12803 | NS      | $1178772.21   | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| UNITED MEXICAN STATES                                   | Mexico Government International Bond                                              | CUSIP: 91087BBL3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    321000 | PA      | $310407.00    | 0.02%             | 2035-09-22      | Fixed         | 5.63%                 | No            | 2                  | On Loan: No      |
| UNITED MEXICAN STATES                                   | Mexico Government International Bond                                              | CUSIP: 91087BBR0<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    200000 | PA      | $195400.00    | 0.01%             | 2038-02-09      | Fixed         | 6.13%                 | No            | 2                  | On Loan: No      |
| UnitedHealth Group Inc                                  | UnitedHealth Group Inc                                                            | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      6730 | NS      | $1821070.70   | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| VZ SECURED FINANCING BV                                 | VZ Secured Financing BV                                                           | CUSIP: 91845AAA3<br>LEI: 549300MG611MYCOWY949 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $171439.20    | 0.01%             | 2032-01-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| VALE OVERSEAS LIMITED                                   | Vale Overseas Ltd                                                                 | CUSIP: 91911TAS2<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | CORP              | KY        |     58000 | PA      | $58358.44     | 0.00%             | 2054-06-28      | Fixed         | 6.40%                 | No            | 2                  | On Loan: No      |
| Valero Energy Corp                                      | Valero Energy Corp                                                                | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |     13215 | NS      | $3265162.20   | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| VanEck Semiconductor ETF                                | VanEck Semiconductor ETF                                                          | CUSIP: 92189F676<br>LEI: 549300MJTG2N9QRH7I02 | Long             | EC               | RF                | US        |      3593 | NS      | $1377556.20   | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| VEDANTA RESOURCES                                       | Vedanta Resources Finance II PLC                                                  | CUSIP: 92243XAH4<br>LEI: 8945002DGA3BBXO3N634 | Long             | DBT              | CORP              | GB        |    389000 | PA      | $407283.00    | 0.03%             | 2029-09-17      | Fixed         | 10.88%                | No            | 2                  | On Loan: No      |
| VENTURE GLOBAL LNG INC                                  | Venture Global LNG Inc                                                            | CUSIP: 92332YAA9<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |     45000 | PA      | $46022.45     | 0.00%             | 2028-06-01      | Fixed         | 8.13%                 | No            | 2                  | On Loan: No      |
| VENTURE GLOBAL LNG INC                                  | Venture Global LNG Inc                                                            | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    953000 | PA      | $949232.00    | 0.06%             | 2029-09-30      | Fixed         | 9.00%                 | No            | 2                  | On Loan: No      |
| Verifone Systems Inc                                    | Verifone Systems Inc 2025 Term Loan                                               | CUSIP: 92346NAH2<br>LEI: 254900LTTVM8MM9RKV75 | Long             | LON              | CORP              | US        |   1738178 | PA      | $1632149.55   | 0.11%             | 2028-08-18      | Floating      | 9.18%                 | No            | 2                  | On Loan: No      |
| Vertex Pharmaceuticals Inc                              | Vertex Pharmaceuticals Inc                                                        | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |      5181 | NS      | $2313523.74   | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Vertiv Holdings Co                                      | Vertiv Holdings Co                                                                | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |     16589 | NS      | $4156871.62   | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Verus Securitization Trust                              | Verus Securitization Trust 2021-R2                                                | CUSIP: 92538DAF6<br>LEI: 213800278TKDEXPH6140 | Long             | ABS-MBS          | CORP              | US        |   2735000 | PA      | $2336720.82   | 0.16%             | 2064-02-25      | Variable      | 3.25%                 | No            | 2                  | On Loan: No      |
| Vistra Corp                                             | Vistra Corp                                                                       | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     28546 | NS      | $4291320.18   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| VISTA OIL & GAS ARGENTIN                                | Vista Energy Argentina SAU                                                        | CUSIP: 92841RAB6<br>LEI: 549300FE4UJNCG1DB123 | Long             | DBT              | CORP              | AR        |     51000 | PA      | $53338.86     | 0.00%             | 2033-06-10      | Fixed         | 8.50%                 | No            | 2                  | On Loan: No      |
| VODAFONE GROUP PLC                                      | Vodafone Group PLC                                                                | CUSIP: 92857WBW9<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |     59000 | PA      | $54003.40     | 0.00%             | 2081-06-04      | Fixed         | 4.13%                 | No            | 2                  | On Loan: No      |
| VOLCAN CIA MINERA SAA-CM                                | Volcan Cia Minera SAA                                                             | CUSIP: 92863UAD8<br>LEI: 549300XKJ91C4SZLG750 | Long             | DBT              | CORP              | PE        |     99000 | PA      | $100722.60    | 0.01%             | 2032-10-28      | Fixed         | 8.50%                 | No            | 2                  | On Loan: No      |
| WAMU Mortgage Pass-Through Certificates                 | WaMu Mortgage Pass-Through Certificates Series 2007-OA6 Trust                     | CUSIP: 92927BAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    901676 | PA      | $768096.80    | 0.05%             | 2047-07-25      | Floating      | 4.67%                 | No            | 2                  | On Loan: No      |
| Walmart Inc                                             | Walmart Inc                                                                       | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |    149866 | NS      | $18625346.48  | 1.25%             |  |  |  | No            | 1                  | On Loan: No      |
| BlackRock Liquidity Funds                               | BlackRock Liquidity Funds: T-Fund, Institutional Shares                           | CUSIP: 09248U718<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |  29223021 | NS      | $29223021.05  | 1.96%             |  |  |  | No            | 1                  | On Loan: No      |
| EQUATE PETROCHEMICAL CO                                 | Equate Petrochemical Co KSCC                                                      | CUSIP: 000000000<br>LEI: 635400J73BDO4TTGXD45 | Long             | DBT              | CORP              | KW        |    297000 | PA      | $293937.19    | 0.02%             | 2026-11-03      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| EPIC GAMES INC                                          | EPIC GAMES INC                                                                    | CUSIP: 000000000<br>LEI: 549300I2RHITL4UP9K78 | Long             | EC               | CORP              | US        |      2824 | NS      | $1425046.88   | 0.10%             |  |  |  | Yes           | 3                  | On Loan: No      |
| THINK & LEARN PVT LTD                                   | THINK & LEARN PVT LTD                                                             | CUSIP: 000000000<br>LEI: 2549006XBBGEQL8H6M81 | Long             | EC               | CORP              | IN        |      2279 | NS      | $0.00         | 0.00%             |  |  |  | Yes           | 3                  | On Loan: No      |
| MCM 2021 VFN1                                           | MCM 2021 VFN1                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4375234 | PA      | $3365942.04   | 0.23%             | 2028-08-25      | None          | 0.00%                 | No            | 3                  | On Loan: No      |
| FLYR SECURED NOTES WTS                                  | FLYR SECURED NOTES WTS                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1194158 | PA      | $72604.81     | 0.00%             | 2027-01-20      | Fixed         | 10.00%                | No            | 3                  | On Loan: No      |
| OCEANA A NOTE 4 YEAR                                    | OCEANA A NOTE 4 YEAR                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | AU        |   4703000 | PA      | $3297726.55   | 0.22%             | 2027-07-31      | Fixed         | 12.50%                | No            | 3                  | On Loan: No      |
| Bytedance Ltd                                           | Bytedance Ltd                                                                     | CUSIP: 000000000<br>LEI: 54930057HU24VGK3CO92 | Long             | EP               | CORP              | US        |     40071 | NS      | $11581721.13  | 0.77%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Rotor Acquisition Corp                                  | ROTOR ACQUI ROTOR ACQUISITION                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3978 | NS      | $24147.47     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| ROTOR ACQUI                                             | ROTOR ACQUI ROTOR ACQUISITION                                                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |     25291 | NS      | $1585.75      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| MYTHIC AI INC                                           | MYTHIC AI INC                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       816 | NS      | $0.01         | 0.00%             |  |  |  | Yes           | 3                  | On Loan: No      |
| DATABRICKS INC                                          | DATABRICKS INC                                                                    | CUSIP: 000000000<br>LEI: 984500FEDAC7FBD96273 | Long             | EP               | CORP              | US        |     40470 | NS      | $6921584.10   | 0.46%             |  |  |  | Yes           | 3                  | On Loan: No      |
| CROWN PROPTECH ACQUISITIONS                             | CROWN PROPTECH ACQUISITIONS                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     51000 | NS      | $66810.00     | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| CROWN PROPTECH ACQUISITIONS                             | CROWN PROPTECH ACQUISITIONS                                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |     74120 | NS      | $9161.23      | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| VOLOCOPTER GMBH                                         | VOLOCOPTER GMBH                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | DE        |       780 | NS      | $0.01         | 0.00%             |  |  |  | Yes           | 3                  | On Loan: No      |
| TVC DSCR 21 1 CERT                                      | TVC DSCR 21 1 CERT                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1322747 | PA      | $1007133.90   | 0.07%             | 2051-02-01      | None          | 0.00%                 | No            | 3                  | On Loan: No      |
| TVC DSCR 21 1 A                                         | TVC DSCR 21 1 A                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2034142 | PA      | $1920082.59   | 0.13%             | 2051-02-01      | Fixed         | 2.38%                 | No            | 3                  | On Loan: No      |
| DAVIDSON KEMPNER MERCHANT CO-INVEST FUND LP             | DAVIDSON KEMPNER MERCHANT CO-INVEST FUND LP                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   4015153 | NS      | $4015153.00   | 0.27%             |  |  |  | Yes           | N/A                | On Loan: No      |
| SAMBANOVA SYSTEMS INC                                   | SAMBANOVA SYSTEMS INC                                                             | CUSIP: 000000000<br>LEI: 2549002D18MMEIO51D20 | Long             | EC               | CORP              | US        |     13158 | NS      | $485135.46    | 0.03%             |  |  |  | Yes           | 3                  | On Loan: No      |
| PsiQuantum Corp                                         | PsiQuantum Corp                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     36048 | NS      | $1490584.80   | 0.10%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Vita Global FinCo Limited                               | Vita Global FinCo Limited EUR Term Loan B                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | JE        |   5361278 | PA      | $4733142.12   | 0.32%             | 2029-06-08      | Floating      | 10.17%                | No            | 3                  | On Loan: No      |
| SNORKEL AI INC                                          | SNORKEL AI INC                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45203 | NS      | $395526.25    | 0.03%             |  |  |  | Yes           | 3                  | On Loan: No      |
| BREEZE AVIATION GROUP INC                               | BREEZE AVIATION GROUP INC                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3333 | NS      | $410358.96    | 0.03%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Playstudios Inc                                         | Playstudios Inc                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    226924 | NS      | $106472.74    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| NOODLE INC                                              | NOODLE INC                                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    196272 | NS      | $1.96         | 0.00%             |  |  |  | Yes           | 3                  | On Loan: No      |
| JUMPCLOUD INC                                           | JUMPCLOUD INC                                                                     | CUSIP: 000000000<br>LEI: 254900Q8Q2TLW37CO742 | Long             | EC               | CORP              | US        |     74023 | NS      | $180616.12    | 0.01%             |  |  |  | Yes           | 3                  | On Loan: No      |
| URSA MAJOR TECHNOLOGIES INC                             | URSA MAJOR TECHNOLOGIES INC                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    290420 | NS      | $1396920.20   | 0.09%             |  |  |  | Yes           | 3                  | On Loan: No      |
| DREAM FINDERS HOMES INC                                 | DREAM FINDERS HOMES INC                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     10172 | NS      | $10082995.00  | 0.67%             |  |  |  | No            | 3                  | On Loan: No      |
| SARCOS TECHNOLOGY AND ROBOTICS                          | SARCOS TECHNOLOGY AND ROBOTICS                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    160743 | NS      | $975711.02    | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| LATCH INC                                               | LATCH INC                                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    142273 | NS      | $29877.33     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| CML ST Regis Aspen                                      | CML ST Regis Aspen Term Loan                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   6479771 | PA      | $6519002.12   | 0.44%             | 2027-02-09      | Fixed         | 7.27%                 | No            | 3                  | On Loan: No      |
| PROJECT MONTELENA                                       | PROJECT MONTELENA                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | DE        |   4050898 | PA      | $3798694.52   | 0.25%             | 2030-06-20      | Fixed         | 10.25%                | No            | 3                  | On Loan: No      |
| EIS Group Inc                                           | EIS Group Inc Term Loan                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3733697 | PA      | $3383849.59   | 0.23%             | 2028-07-10      | Floating      | 10.67%                | No            | 3                  | On Loan: No      |
| Vita Global FinCo Limited                               | Vita Global FinCo Limited GBP Incremental Term Loan                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | JE        |   3339056 | PA      | $3237339.23   | 0.22%             | 2029-06-08      | Floating      | 11.73%                | No            | 3                  | On Loan: No      |
| Hydrofarm Holdings LLC                                  | Hydrofarm Holdings LLC 2021 Term Loan                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1771730 | PA      | $885864.82    | 0.06%             | 2028-10-25      | Floating      | 9.43%                 | No            | 3                  | On Loan: No      |
| AMF MF Portfolio                                        | AMF MF Portfolio Term Loan                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1985852 | PA      | $2062804.19   | 0.14%             | 2028-11-01      | Fixed         | 7.89%                 | No            | 3                  | On Loan: No      |
| TEYA SERVICES LTD                                       | TEYA SERVICES LTD                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      1235 | NS      | $279480.50    | 0.02%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Fanatics Holdings Inc                                   | Fanatics Holdings Inc                                                             | CUSIP: 000000000<br>LEI: 254900SDMEGPMGGZLF87 | Long             | EC               | CORP              | US        |    126282 | NS      | $11049675.00  | 0.74%             |  |  |  | Yes           | 3                  | On Loan: No      |
| SONDER HOLDINGS INC                                     | SONDER HOLDINGS INC                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37498 | NS      | $0.04         | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Volta Trucks                                            | Volta Trucks                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SE        |      2732 | NS      | $0.03         | 0.00%             |  |  |  | Yes           | 3                  | On Loan: No      |
| CLARIFY HEALTH                                          | CLARIFY HEALTH                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    345315 | NS      | $825302.85    | 0.06%             |  |  |  | No            | 3                  | On Loan: No      |
| CAP HILL BRANDS PREF EQUITY                             | CAP HILL BRANDS PREF EQUITY                                                       | CUSIP: 000000000<br>LEI: U246OE781574J2BUD366 | Long             | EP               | CORP              | US        |   1185824 | NS      | $11.86        | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| AIVEN SERIES D PREFERRED                                | AIVEN SERIES D PREFERRED                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | FI        |     37890 | NS      | $1883133.00   | 0.13%             |  |  |  | No            | 3                  | On Loan: No      |
| DEEP INSTINCT LTD                                       | DEEP INSTINCT LTD                                                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | IL        |     21889 | NS      | $218.89       | 0.00%             |  |  |  | Yes           | 3                  | On Loan: No      |
| URSA MAJOR TECHNOLOGIES INC                             | URSA MAJOR TECHNOLOGIES INC                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     35579 | NS      | $175760.26    | 0.01%             |  |  |  | Yes           | 3                  | On Loan: No      |
| VERSA NETWORKS INC                                      | VERSA NETWORKS INC                                                                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |    207248 | NS      | $816557.12    | 0.05%             |  |  |  | Yes           | 3                  | On Loan: No      |
| SABENA TECHNICS SAS                                     | SABENA TECHNICS SAS                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | FR        |   2084747 | PA      | $2409655.42   | 0.16%             | 2029-09-30      | Variable      | 7.02%                 | Yes           | 3                  | On Loan: No      |
| VERSA NETWORKS INC                                      | VERSA NETWORKS INC                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1681498 | NS      | $8996014.30   | 0.60%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Wealthfront Corp                                        | Wealthfront Corp                                                                  | CUSIP: 947002101<br>LEI: 254900H4LJLUHGFJYM32 | Long             | EC               | CORP              | US        |     55831 | NS      | $516436.75    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| EIS Group Inc                                           | EIS Group Inc Revolver                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    373370 | PA      | $338384.96    | 0.02%             | 2028-07-10      | Floating      | 10.67%                | No            | 3                  | On Loan: No      |
| Alorica Inc                                             | Alorica Inc 2022 Term Loan                                                        | CUSIP: 000000000<br>LEI: 549300I7BKCLNE05U640 | Long             | LON              | CORP              | US        |   3009639 | PA      | $2934398.23   | 0.20%             | 2027-12-21      | Floating      | 10.54%                | No            | 3                  | On Loan: No      |
| Coreweave Compute Acquisition Co II LLC                 | Coreweave Compute Acquisition Co II LLC Delayed Draw Term Loan                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4644375 | PA      | $4632764.05   | 0.31%             | 2028-07-31      | Floating      | 14.25%                | No            | 3                  | On Loan: No      |
| Promontoria Beech Designated Activity Co                | Promontoria Beech Designated Activity Co EUR Term Loan                            | CUSIP: 000000000<br>LEI: 54930082UZ8R6QVSNJ70 | Long             | LON              | CORP              | IE        |    690937 | PA      | $798620.07    | 0.05%             | 2027-05-17      | Floating      | 5.69%                 | No            | 3                  | On Loan: No      |
| VOLATO GROUP INC                                        | VOLATO GROUP INC                                                                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |     48765 | NS      | $390.12       | 0.00%             |  |  |  | Yes           | 2                  | On Loan: No      |
| 10X FUTURE TECHNOLOGIES SERVICES LTD                    | 10X FUTURE TECHNOLOGIES SERVICES LTD                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |   1355090 | PA      | $1255518.04   | 0.08%             | 2026-06-19      | Fixed         | 15.00%                | Yes           | 3                  | On Loan: No      |
| BREEZE AVIATION GROUP INC                               | BREEZE AVIATION GROUP INC                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    922459 | PA      | $920152.95    | 0.06%             | 2028-01-30      | Fixed         | 20.00%                | Yes           | 3                  | On Loan: No      |
| Wells Fargo & Co                                        | Wells Fargo & Co                                                                  | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     68032 | NS      | $5416027.52   | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                   | Wells Fargo Commercial Mortgage Trust 2019-C50                                    | CUSIP: 95001XBF2<br>LEI: 549300PX4QZK7CUM8D08 | Long             | ABS-MBS          | CORP              | US        |  21633240 | PA      | $688927.83    | 0.05%             | 2052-05-15      | Variable      | 1.39%                 | No            | 2                  | On Loan: No      |
| West Deptford Energy Holdings, LLC                      | West Deptford Energy Holdings LLC 2025 Term Loan                                  | CUSIP: 95249CAF1<br>LEI: 549300HOEW2V8L64EU07 | Long             | LON              | CORP              | US        |   1008380 | PA      | $1002077.63   | 0.07%             | 2032-07-24      | Floating      | 9.75%                 | No            | 2                  | On Loan: No      |
| FORMENTERA PARTNERS FUND II                             | FORMENTERA PARTNERS FUND II                                                       | CUSIP: 000000000<br>LEI: 549300X3TYEO4J8HWR30 | Long             | EC               | CORP              | US        |   3869851 | NS      | $3598961.43   | 0.24%             |  |  |  | No            | 3                  | On Loan: No      |
| PIONEER MIDCO 144A NOTES                                | PIONEER MIDCO 144A NOTES                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5526756 | PA      | $5520124.07   | 0.37%             | 2030-11-18      | Fixed         | 10.50%                | No            | 3                  | On Loan: No      |
| SCI PH PARENT INC                                       | SCI PH PARENT INC                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1183 | NS      | $1608312.16   | 0.11%             |  |  |  | Yes           | 3                  | On Loan: No      |
| HAWKEYE 360 SERIES D1 CONVERT                           | HAWKEYE 360 SERIES D1 CONVERT                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    406081 | NS      | $9157126.55   | 0.61%             |  |  |  | No            | 3                  | On Loan: No      |
| Euro Parfums Fze                                        | Euro Parfums Fze Term Loan B                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |    510080 | PA      | $508192.26    | 0.03%             | 2028-06-23      | Floating      | 8.99%                 | No            | 3                  | On Loan: No      |
| OCEANA A NOTE 3 YEAR                                    | OCEANA A NOTE 3 YEAR                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | AU        |   2822000 | PA      | $1956774.62   | 0.13%             | 2026-07-31      | Fixed         | 12.50%                | No            | 3                  | On Loan: No      |
| NEW YORK COMMUNITY BANCORP INC                          | NEW YORK COMMUNITY BANCORP INC                                                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |       550 | NS      | $1446929.00   | 0.10%             |  |  |  | Yes           | 3                  | On Loan: No      |
| SCREAMING EAGLE ACQUISITION CORP                        | SCREAMING EAGLE ACQUISITION CORP                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    115000 | NS      | $1091415.55   | 0.07%             |  |  |  | Yes           | 2                  | On Loan: No      |
| DAVIDSON HOMES PREF EQIUTY/PFD                          | DAVIDSON HOMES PREF EQIUTY/PFD                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      7345 | NS      | $8100212.90   | 0.54%             |  |  |  | No            | 3                  | On Loan: No      |
| COREWEAVE CONVERTIBLE PREF EQ                           | COREWEAVE CONVERTIBLE PREF EQ                                                     | CUSIP: 000000000<br>LEI: 984500511DP2B6186053 | Long             | EP               | CORP              | US        |   1579000 | NS      | $1500050.00   | 0.10%             |  |  |  | No            | 3                  | On Loan: No      |
| DAVIDSON HOMES WARRANTS                                 | DAVIDSON HOMES WARRANTS                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |     50977 | NS      | $34664.36     | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| OCEANA A 4YR NOTE UPSIZE                                | OCEANA A 4YR NOTE UPSIZE                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | AU        |   1980000 | PA      | $1347385.78   | 0.09%             | 2028-07-31      | Fixed         | 10.50%                | No            | 3                  | On Loan: No      |
| EXO IMAGING INC                                         | EXO IMAGING INC                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    117667 | NS      | $87073.73     | 0.01%             |  |  |  | Yes           | 3                  | On Loan: No      |
| EXO IMAGING INC                                         | EXO IMAGING INC                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2531 | NS      | $936.64       | 0.00%             |  |  |  | Yes           | 3                  | On Loan: No      |
| SONDER WARRANTS DEC 30 2029                             | SONDER WARRANTS DEC 30 2029                                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |     26165 | NS      | $0.26         | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| WOM NEW HOLDCO COMMON                                   | WOM NEW HOLDCO COMMON                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       599 | NS      | $13777.00     | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| SOURCE GLOBAL PBC COMMON                                | SOURCE GLOBAL PBC COMMON                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4622 | NS      | $369.76       | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| DEEP INSTINCT ORDINARY                                  | DEEP INSTINCT ORDINARY                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     66096 | NS      | $3965.76      | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| SONDER WARRANTS 5 YR                                    | SONDER WARRANTS 5 YR                                                              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |    261005 | NS      | $2.61         | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| LESSEN HLDS SERIES BX                                   | LESSEN HLDS SERIES BX                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    489075 | NS      | $4.89         | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| SONDER 1L PIK NOTES 7 12/10/27                          | SONDER 1L PIK NOTES 7 12/10/27                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10937984 | PA      | $1.09         | 0.00%             | 2027-12-10      | None          | 0.00%                 | No            | 3                  | On Loan: No      |
| RSA SECURITY COMMON                                     | RSA SECURITY COMMON                                                               | CUSIP: 000000000<br>LEI: DDXF51QWGHQV97O29E54 | Long             | EC               | CORP              | US        |      3803 | NS      | $0.04         | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| VERITAS SERIES G 1 PREFERRED                            | VERITAS SERIES G 1 PREFERRED                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      6197 | NS      | $117743.00    | 0.01%             |  |  |  | No            | 3                  | On Loan: No      |
| Whitebox CLO I Ltd                                      | Whitebox Clo II Ltd                                                               | CUSIP: 96466CBE7<br>LEI: 549300C89ZJ5IWOT1F21 | Long             | ABS-CBDO         | CORP              | KY        |   1750000 | PA      | $1739167.50   | 0.12%             | 2037-10-24      | Floating      | 6.57%                 | No            | 2                  | On Loan: No      |
| Whitebox CLO I Ltd                                      | Whitebox Clo I Ltd                                                                | CUSIP: 96467CAC1<br>LEI: 549300E4AC0513DYO913 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $491870.00    | 0.03%             | 2037-01-24      | Variable      | 0.00%                 | No            | 2                  | On Loan: No      |
| Whitebox CLO I Ltd                                      | Whitebox CLO III Ltd                                                              | CUSIP: 96467HAU0<br>LEI: 549300JXCQSPB1A61C68 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $499981.60    | 0.03%             | 2035-10-15      | Floating      | 6.52%                 | No            | 2                  | On Loan: No      |
| Whitebox CLO I Ltd                                      | Whitebox CLO III Ltd                                                              | CUSIP: 96467JAE2<br>LEI: 549300JXCQSPB1A61C68 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $486530.10    | 0.03%             | 2035-10-15      | Floating      | 9.32%                 | No            | 2                  | On Loan: No      |
| Snorkel AI Inc                                          | Snorkel AI Inc                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12621 | NS      | $91754.67     | 0.01%             |  |  |  | Yes           | 3                  | On Loan: No      |
| JUMPCLOUD INC                                           | JUMPCLOUD INC                                                                     | CUSIP: 000000000<br>LEI: 254900Q8Q2TLW37CO742 | Long             | EC               | CORP              | US        |   1125428 | NS      | $2059533.24   | 0.14%             |  |  |  | Yes           | 3                  | On Loan: No      |
| VERITAS SERIES G PREFERRED STO                          | VERITAS SERIES G PREFERRED STO                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      8968 | NS      | $170392.00    | 0.01%             |  |  |  | No            | 3                  | On Loan: No      |
| Williams Cos Inc/The                                    | Williams Cos Inc/The                                                              | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |     99570 | NS      | $7246704.60   | 0.48%             |  |  |  | No            | 1                  | On Loan: No      |
| UNITI SERVICES LLC                                      | Uniti Services LLC                                                                | CUSIP: 97382BAB5<br>LEI: 549300KT9GVEBYCD2N29 | Long             | DBT              | CORP              | US        |     65000 | PA      | $67577.36     | 0.00%             | 2033-10-15      | Fixed         | 7.50%                 | No            | 2                  | On Loan: No      |
| WOLFSPEED INC                                           | Wolfspeed Inc                                                                     | CUSIP: 977852AP7<br>LEI: 549300OGU88P3AW3TO93 | Long             | DBT              | CORP              | US        |     12000 | PA      | $17115.00     | 0.00%             | 2031-06-15      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| WOLFSPEED INC                                           | Wolfspeed Inc                                                                     | CUSIP: 977852AQ5<br>LEI: 549300OGU88P3AW3TO93 | Long             | DBT              | CORP              | US        |      5000 | PA      | $7131.25      | 0.00%             | 2031-06-15      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| WOLFSPEED INC                                           | Wolfspeed Inc                                                                     | CUSIP: 977852AS1<br>LEI: 549300OGU88P3AW3TO93 | Long             | DBT              | CORP              | US        |     13440 | PA      | $10651.20     | 0.00%             | 2031-06-15      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Wolfspeed Inc                                           | Wolfspeed Inc                                                                     | CUSIP: 97785W106<br>LEI: 549300OGU88P3AW3TO93 | Long             | EC               | CORP              | US        |      1112 | NS      | $18147.84     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| WOM CHILE HOLDCO SPA                                    | WOM Chile Holdco SpA                                                              | CUSIP: 97810KAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | CL        |    195348 | PA      | $177188.45    | 0.01%             | 2032-04-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| WOM MOBILE SA                                           | WOM Mobile SA                                                                     | CUSIP: 97810LAA7<br>LEI: 549300T600VUO0QJ3063 | Long             | DBT              | CORP              | CL        |     13449 | PA      | $13598.28     | 0.00%             | 2031-04-01      | Fixed         | 11.00%                | No            | 2                  | On Loan: No      |
| Wynn Resorts Ltd                                        | Wynn Resorts Ltd                                                                  | CUSIP: 983134107<br>LEI: 254900CEKKWIHTEAB172 | Long             | EC               | CORP              | US        |      2780 | NS      | $282309.00    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| XEROX CORPORATION                                       | Xerox Corp                                                                        | CUSIP: 984121CS0<br>LEI: 4KF48RN45X1OO8UBLY20 | Long             | DBT              | CORP              | US        |   1625000 | PA      | $1218750.00   | 0.08%             | 2030-10-15      | Fixed         | 10.25%                | No            | 2                  | On Loan: No      |
| XEROX CORPORATION                                       | Xerox Corp                                                                        | CUSIP: 984121CT8<br>LEI: 4KF48RN45X1OO8UBLY20 | Long             | DBT              | CORP              | US        |    113000 | PA      | $55652.50     | 0.00%             | 2031-04-15      | Fixed         | 13.50%                | No            | 2                  | On Loan: No      |
| Xerox Holdings Corp                                     | Xerox Holdings Corp 2023 Non-CoOp Term Loan                                       | CUSIP: 98415LAY2<br>LEI: 4KF48RN45X1OO8UBLY20 | Long             | LON              | CORP              | US        |    629368 | PA      | $396501.68    | 0.03%             | 2029-11-19      | Floating      | 7.73%                 | No            | 2                  | On Loan: No      |
| ZF NA CAPITAL                                           | ZF North America Capital Inc                                                      | CUSIP: 98877DAD7<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152145.45    | 0.01%             | 2028-04-14      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| ZF NA CAPITAL                                           | ZF North America Capital Inc                                                      | CUSIP: 98877DAE5<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147894.32    | 0.01%             | 2030-04-14      | Fixed         | 7.13%                 | No            | 2                  | On Loan: No      |
| ZIGGO BOND CO BV                                        | Ziggo Bond Co BV                                                                  | CUSIP: 98953GAD7<br>LEI: 213800JYI4P7V5QDOG59 | Long             | DBT              | CORP              | NL        |    602000 | PA      | $516567.17    | 0.03%             | 2030-02-28      | Fixed         | 5.13%                 | No            | 2                  | On Loan: No      |
| VERGE COMMON EQ                                         | VERGE COMMON EQ                                                                   | CUSIP: 000000000<br>LEI: 549300Y1L2KQEZ7TU221 | Long             | EC               | CORP              | US        |    341505 | NS      | $54640.80     | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| RELSPACE COMMON EQ                                      | RELSPACE COMMON EQ                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       496 | NS      | $510.88       | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| FIGEAC AERO SA                                          | FIGEAC AERO SA                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | FR        |   3520000 | PA      | $3992510.09   | 0.27%             | 2030-07-23      | Fixed         | 7.79%                 | Yes           | 3                  | On Loan: No      |
| FLYR SERIES D X PREF EQ                                 | FLYR SERIES D X PREF EQ                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    421209 | NS      | $4.21         | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| CARESYNTAX COMMON EQ                                    | CARESYNTAX COMMON EQ                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15359 | NS      | $0.15         | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| FLYR SERIES D X WRNT 12/31/49                           | FLYR SERIES D X WRNT 12/31/49                                                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |      5990 | NS      | $0.06         | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| USA RARE EARTH INC                                      | USA RARE EARTH INC                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     94998 | NS      | $1437794.73   | 0.10%             |  |  |  | Yes           | 2                  | On Loan: No      |
| ZEITVIEW SERIES E 3 PREF EQ                             | ZEITVIEW SERIES E 3 PREF EQ                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    664755 | NS      | $674453.78    | 0.05%             |  |  |  | No            | 3                  | On Loan: No      |
| NEW KLEO HOLDCO                                         | NEW KLEO HOLDCO                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | LU        |     33230 | NS      | $49931.57     | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| RSA SECURITY PREF A                                     | RSA SECURITY PREF A                                                               | CUSIP: 000000000<br>LEI: DDXF51QWGHQV97O29E54 | Long             | EC               | CORP              | US        |     44522 | NS      | $0.45         | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| RSA SECURITY PREF B                                     | RSA SECURITY PREF B                                                               | CUSIP: 000000000<br>LEI: DDXF51QWGHQV97O29E54 | Long             | EC               | CORP              | US        |    133566 | NS      | $1.34         | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| ASML Holding NV                                         | ASML Holding NV                                                                   | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |     13599 | NS      | $18083351.79  | 1.21%             |  |  |  | No            | 2                  | On Loan: No      |
| Industria de Diseno Textil SA                           | Industria de Diseno Textil SA                                                     | CUSIP: 000000000<br>LEI: 549300TTCXZOGZM2EY83 | Long             | EC               | CORP              | ES        |      3155 | NS      | $183648.76    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| GATEGROUP FINANCE LUX SA                                | gategroup Finance Luxembourg SA                                                   | CUSIP: 000000000<br>LEI: 529900Q1OR7LI4GOGW68 | Long             | DBT              | CORP              | LU        |    255000 | PA      | $320079.99    | 0.02%             | 2027-02-28      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Oman Government International Bonds                     | Oman Government International Bonds                                               | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |    227000 | PA      | $236708.31    | 0.02%             | 2048-01-17      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                                  | Egypt Government International Bond                                               | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    214000 | PA      | $231039.09    | 0.02%             | 2030-04-16      | Fixed         | 5.63%                 | No            | 2                  | On Loan: No      |
| FANTASIA HOLDINGS GROUP                                 | Fantasia Holdings Group Co Ltd                                                    | CUSIP: 000000000<br>LEI: 5493005JQNLB3I01JW62 | Long             | DBT              | CORP              | KY        |    520000 | PA      | $5720.00      | 0.00%             | 2022-04-17      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| ROMANIA                                                 | Romanian Government International Bond                                            | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    224000 | PA      | $222207.30    | 0.01%             | 2031-07-16      | Fixed         | 2.12%                 | No            | 2                  | On Loan: No      |
| KONDOR FINANCE PLC (NAK)                                | NAK Naftogaz Ukraine via Kondor Finance PLC                                       | CUSIP: 000000000<br>LEI: 213800PUC1T9GI6EIO63 | Long             | DBT              | CORP              | GB        |    232704 | PA      | $220555.88    | 0.01%             | 2026-07-19      | Fixed         | 7.13%                 | No            | 2                  | On Loan: No      |
| IVORY COAST                                             | Ivory Coast Government International Bond                                         | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |    251000 | PA      | $283010.50    | 0.02%             | 2031-10-17      | Fixed         | 5.88%                 | No            | 2                  | On Loan: No      |
| FANTASIA HOLDINGS GROUP                                 | Fantasia Holdings Group Co Ltd                                                    | CUSIP: 000000000<br>LEI: 5493005JQNLB3I01JW62 | Long             | DBT              | CORP              | KY        |   1200000 | PA      | $13500.00     | 0.00%             | 2023-07-28      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Bahrain Government International Bonds                  | Bahrain Government International Bonds                                            | CUSIP: 000000000<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |    257000 | PA      | $231010.88    | 0.02%             | 2032-09-16      | Fixed         | 5.45%                 | No            | 2                  | On Loan: No      |
| VMED O2 UK FINAN                                        | Vmed O2 UK Financing I PLC                                                        | CUSIP: 000000000<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $123825.96    | 0.01%             | 2029-01-31      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Invesco Euro CLO                                        | Invesco Euro CLO V DAC                                                            | CUSIP: 000000000<br>LEI: 5493004UWK07M4U35L23 | Long             | ABS-CBDO         | CORP              | IE        |   3150000 | PA      | $3587839.09   | 0.24%             | 2034-01-15      | Floating      | 5.82%                 | No            | 2                  | On Loan: No      |
| FANTASIA HOLDINGS GROUP                                 | Fantasia Holdings Group Co Ltd                                                    | CUSIP: 000000000<br>LEI: 5493005JQNLB3I01JW62 | Long             | DBT              | CORP              | KY        |    320000 | PA      | $4480.00      | 0.00%             | 2021-12-17      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| VERISURE MIDHOLDING AB                                  | Verisure Midholding AB                                                            | CUSIP: 000000000<br>LEI: 549300496LYEZ55X1M49 | Long             | DBT              | CORP              | SE        |    553000 | PA      | $636421.57    | 0.04%             | 2029-02-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Cordatus CLO PLC                                        | CVC Cordatus Loan Fund XIX DAC                                                    | CUSIP: 000000000<br>LEI: 635400BFCX9PFNPQKM71 | Long             | ABS-CBDO         | CORP              | IE        |   2300000 | PA      | $2662670.75   | 0.18%             | 2033-12-23      | Floating      | 5.91%                 | No            | 2                  | On Loan: No      |
| RAKUTEN GROUP INC                                       | Rakuten Group Inc                                                                 | CUSIP: 000000000<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $224145.71    | 0.01%             | 2027-04-22      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| CEDACRI SPA                                             | Cedacri SpA                                                                       | CUSIP: 000000000<br>LEI: 815600E85FCD78B3EE61 | Long             | DBT              | CORP              | IT        |    102000 | PA      | $114197.79    | 0.01%             | 2028-05-15      | Floating      | 6.61%                 | No            | 2                  | On Loan: No      |
| SOFTBANK GROUP CORP                                     | SoftBank Group Corp                                                               | CUSIP: 000000000<br>LEI: 5493003BZYYYCDIO0R13 | Long             | DBT              | CORP              | JP        |    100000 | PA      | $108830.45    | 0.01%             | 2029-07-06      | Fixed         | 3.38%                 | No            | 2                  | On Loan: No      |
| BRANICKS GROUP AG                                       | BRANICKS Group AG                                                                 | CUSIP: 000000000<br>LEI: 52990044JL2ZPWONU738 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $63717.40     | 0.00%             | 2026-09-22      | Fixed         | 2.25%                 | No            | 2                  | On Loan: No      |
| Ares Euro CLO                                           | Ares European CLO XII DAC                                                         | CUSIP: 000000000<br>LEI: 635400XCOLUI5RNVIZ11 | Long             | ABS-CBDO         | CORP              | IE        |    875000 | PA      | $1011148.46   | 0.07%             | 2032-04-20      | Floating      | 5.03%                 | No            | 2                  | On Loan: No      |
| BCP MODULAR SERVICES                                    | BCP V Modular Services Finance II PLC                                             | CUSIP: 000000000<br>LEI: 213800227GGD6UI7PI97 | Long             | DBT              | CORP              | GB        |    255000 | PA      | $315536.86    | 0.02%             | 2028-11-30      | Fixed         | 6.13%                 | No            | 2                  | On Loan: No      |
| BCP V MODULAR SERVICES                                  | BCP V Modular Services Finance PLC                                                | CUSIP: 000000000<br>LEI: 213800K8U94KVZL98H64 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $158079.39    | 0.01%             | 2029-11-30      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| AGRIFARMA SPA                                           | Agrifarma SpA                                                                     | CUSIP: 000000000<br>LEI: 815600F89DA538E88804 | Long             | DBT              | CORP              | IT        |   1382000 | PA      | $1583556.00   | 0.11%             | 2028-10-31      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| LUNE HOLDINGS SARL                                      | Lune Holdings Sarl                                                                | CUSIP: 000000000<br>LEI: 54930003WQ56T0558M33 | Long             | DBT              | CORP              | LU        |    305000 | PA      | $7532.78      | 0.00%             | 2028-11-15      | Fixed         | 5.63%                 | No            | 2                  | On Loan: No      |
| BAYER AG                                                | Bayer AG                                                                          | CUSIP: 000000000<br>LEI: 549300J4U55H3WP1XT59 | Long             | DBT              | CORP              | DE        |    300000 | PA      | $345061.31    | 0.02%             | 2082-03-25      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| Serbia International Bonds                              | Serbia International Bonds                                                        | CUSIP: 000000000<br>LEI: 254900W94OCY91V32O78 | Long             | DBT              | NUSS              | RS        |    200000 | PA      | $208442.00    | 0.01%             | 2033-09-26      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| VERISURE HOLDING AB                                     | Verisure Holding AB                                                               | CUSIP: 000000000<br>LEI: 549300VQQCWGISM3N408 | Long             | DBT              | CORP              | SE        |    237000 | PA      | $278574.92    | 0.02%             | 2028-02-01      | Fixed         | 7.13%                 | No            | 2                  | On Loan: No      |
| NORTH MACEDONIA                                         | North Macedonia Government International Bond                                     | CUSIP: 000000000<br>LEI: 635400RD1N6RVNCE4958 | Long             | DBT              | NUSS              | MK        |    187000 | PA      | $219293.21    | 0.01%             | 2027-03-13      | Fixed         | 6.96%                 | No            | 2                  | On Loan: No      |
| ENGINEERING SPA                                         | Engineering - Ingegneria Informatica - SpA                                        | CUSIP: 000000000<br>LEI: 81560042F5E23EE61346 | Long             | DBT              | CORP              | IT        |    148000 | PA      | $173477.34    | 0.01%             | 2028-05-15      | Fixed         | 11.13%                | No            | 2                  | On Loan: No      |
| MOTION FINCO SARL                                       | Motion Finco Sarl                                                                 | CUSIP: 000000000<br>LEI: 2549002L1LBQZKA7UN30 | Long             | DBT              | CORP              | LU        |    101000 | PA      | $100813.78    | 0.01%             | 2030-06-15      | Fixed         | 7.38%                 | No            | 2                  | On Loan: No      |
| VIVION INVESTMENTS                                      | Vivion Investments Sarl                                                           | CUSIP: 000000000<br>LEI: 529900SJ7X71ESJK9N76 | Long             | DBT              | CORP              | LU        |    252187 | PA      | $291074.20    | 0.02%             | 2029-02-28      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| VIVION INVESTMENTS                                      | Vivion Investments Sarl                                                           | CUSIP: 000000000<br>LEI: 529900SJ7X71ESJK9N76 | Long             | DBT              | CORP              | LU        |     72996 | PA      | $84262.51     | 0.01%             | 2028-08-31      | Fixed         | 8.25%                 | No            | 2                  | On Loan: No      |
| MOBICO GROUP PLC                                        | Mobico Group PLC                                                                  | CUSIP: 000000000<br>LEI: 213800A8IQEMY8PA5X34 | Long             | DBT              | CORP              | GB        |    302000 | PA      | $270221.07    | 0.02%             | 2031-09-26      | Fixed         | 4.88%                 | No            | 2                  | On Loan: No      |
| PINNACLE BIDCO PLC                                      | Pinnacle Bidco PLC                                                                | CUSIP: 000000000<br>LEI: 2138006Z5V8OBL2A2Q06 | Long             | DBT              | CORP              | GB        |    177000 | PA      | $242951.93    | 0.02%             | 2028-10-11      | Fixed         | 10.00%                | No            | 2                  | On Loan: No      |
| MAGYAR EXPORT-IMPORT BAN                                | Magyar Export-Import Bank Zrt                                                     | CUSIP: 000000000<br>LEI: 529900O4UGETQ9Q3AA63 | Long             | DBT              | NUSS              | HU        |    254000 | PA      | $307813.13    | 0.02%             | 2029-05-16      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| INEOS QUATTRO FINANCE 2                                 | INEOS Quattro Finance 2 Plc                                                       | CUSIP: 000000000<br>LEI: 213800V48W4Y5MT5Q131 | Long             | DBT              | CORP              | GB        |    174000 | PA      | $166155.46    | 0.01%             | 2029-03-15      | Fixed         | 8.50%                 | No            | 2                  | On Loan: No      |
| LOXAM SAS                                               | Loxam SAS                                                                         | CUSIP: 000000000<br>LEI: 969500BNA2YRNE1R5K91 | Long             | DBT              | CORP              | FR        |    583200 | PA      | $691550.77    | 0.05%             | 2029-05-31      | Fixed         | 6.38%                 | No            | 2                  | On Loan: No      |
| CIRSA FINANCE INTER                                     | Cirsa Finance International Sarl                                                  | CUSIP: 000000000<br>LEI: 254900KUJN6DHWH2K029 | Long             | DBT              | CORP              | LU        |    432000 | PA      | $508094.15    | 0.03%             | 2029-03-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| INEOS FINANCE PLC                                       | INEOS Finance PLC                                                                 | CUSIP: 000000000<br>LEI: 2138002D68XDR4LZCG32 | Long             | DBT              | CORP              | GB        |    384000 | PA      | $417864.89    | 0.03%             | 2029-04-15      | Fixed         | 6.38%                 | No            | 2                  | On Loan: No      |
| GOLDSTORY SASU                                          | Goldstory SAS                                                                     | CUSIP: 000000000<br>LEI: 969500NWR67ONUJD4A26 | Long             | DBT              | CORP              | FR        |    317000 | PA      | $358204.91    | 0.02%             | 2030-02-01      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| KRONOS INTERNATIONAL INC                                | Kronos International Inc                                                          | CUSIP: 000000000<br>LEI: 529900NTVDLUSYY9F493 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198596.28    | 0.01%             | 2029-03-15      | Fixed         | 9.50%                 | No            | 2                  | On Loan: No      |
| ARDONAGH FINCO LTD                                      | Ardonagh Finco Ltd                                                                | CUSIP: 000000000<br>LEI: 254900D2T84O1K03BA28 | Long             | DBT              | CORP              | JE        |   1025000 | PA      | $1176573.72   | 0.08%             | 2031-02-15      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| FORVIA SE                                               | Forvia SE                                                                         | CUSIP: 000000000<br>LEI: 969500F0VMZLK2IULV85 | Long             | DBT              | CORP              | FR        |    349000 | PA      | $399395.77    | 0.03%             | 2031-06-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| GARUDA INDONESIA TBK PT                                 | Garuda Indonesia Persero Tbk PT                                                   | CUSIP: 000000000<br>LEI: 254900CUWPNFYKQUW656 | Long             | DBT              | CORP              | ID        |    230908 | PA      | $192928.17    | 0.01%             | 2031-12-28      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| HEATHROW FINANCE PLC                                    | Heathrow Finance PLC                                                              | CUSIP: 000000000<br>LEI: 549300F740QSGMPHQJ60 | Long             | DBT              | CORP              | GB        |    398000 | PA      | $522452.96    | 0.03%             | 2031-03-01      | Fixed         | 6.63%                 | No            | 2                  | On Loan: No      |
| ASTON MARTIN CAPITAL HOL                                | Aston Martin Capital Holdings Ltd                                                 | CUSIP: 000000000<br>LEI: 213800H4GKEF3CJ8C774 | Long             | DBT              | CORP              | JE        |    285000 | PA      | $289483.33    | 0.02%             | 2029-03-31      | Fixed         | 10.38%                | No            | 2                  | On Loan: No      |
| VMED O2 UK FINANCING I                                  | Vmed O2 UK Financing I PLC                                                        | CUSIP: 000000000<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |   1124000 | PA      | $1190139.67   | 0.08%             | 2032-04-15      | Fixed         | 5.63%                 | No            | 2                  | On Loan: No      |
| CD&R FIREFLY BIDCO LTD                                  | CD&R Firefly Bidco PLC                                                            | CUSIP: 000000000<br>LEI: 213800OAU5VX61DYZ558 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $134559.68    | 0.01%             | 2029-04-30      | Fixed         | 8.63%                 | No            | 2                  | On Loan: No      |
| NEW IMMO HOLDING SA                                     | New Immo Holding SA                                                               | CUSIP: 000000000<br>LEI: 5493007LOTJ0I8E94R81 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $115798.75    | 0.01%             | 2028-04-17      | Fixed         | 5.88%                 | No            | 2                  | On Loan: No      |
| BOELS TOPHOLDING BV                                     | Boels Topholding BV                                                               | CUSIP: 000000000<br>LEI: 724500V913SEHSEW2O75 | Long             | DBT              | CORP              | NL        |    328000 | PA      | $380908.23    | 0.03%             | 2030-05-15      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| MAHLE GMBH                                              | Mahle GmbH                                                                        | CUSIP: 000000000<br>LEI: 52990098TR1QJBWIYG58 | Long             | DBT              | CORP              | DE        |    489000 | PA      | $571506.65    | 0.04%             | 2031-05-02      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| GRIFOLS SA                                              | Grifols SA                                                                        | CUSIP: 000000000<br>LEI: 959800HSSNXWRKBK4N60 | Long             | DBT              | CORP              | ES        |    100000 | PA      | $119548.41    | 0.01%             | 2030-05-01      | Fixed         | 7.50%                 | No            | 2                  | On Loan: No      |
| ILIAD HOLDING SAS                                       | Iliad Holding SAS                                                                 | CUSIP: 000000000<br>LEI: 9695009BGMXB527HV965 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $120415.37    | 0.01%             | 2031-04-15      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| MULTIVERSITY SPA                                        | Multiversity SpA                                                                  | CUSIP: 000000000<br>LEI: 8945002RM8LY280ZUC12 | Long             | DBT              | CORP              | IT        |    137000 | PA      | $158416.96    | 0.01%             | 2031-05-17      | Fixed         | 7.13%                 | No            | 2                  | On Loan: No      |
| MULTIVERSITY SPA                                        | Multiversity SpA                                                                  | CUSIP: 000000000<br>LEI: 8945002RM8LY280ZUC12 | Long             | DBT              | CORP              | IT        |    126000 | PA      | $145026.06    | 0.01%             | 2031-05-17      | Floating      | 6.28%                 | No            | 2                  | On Loan: No      |
| FEDRIGONI SPA                                           | Fedrigoni SpA                                                                     | CUSIP: 000000000<br>LEI: 8156004CE82074779D19 | Long             | DBT              | CORP              | IT        |    298000 | PA      | $317329.54    | 0.02%             | 2031-06-15      | Fixed         | 6.13%                 | No            | 2                  | On Loan: No      |
| FIBER MIDCO SPA                                         | Fiber Midco Spa                                                                   | CUSIP: 000000000<br>LEI: 8156000AFE5C06C4D309 | Long             | DBT              | CORP              | IT        |    229334 | PA      | $191748.48    | 0.01%             | 2029-06-15      | Fixed         | 10.75%                | No            | 2                  | On Loan: No      |
| LOTTOMATICA GROUP SPA                                   | Lottomatica Group Spa                                                             | CUSIP: 000000000<br>LEI: 549300R72LKEGT4EX026 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $117715.13    | 0.01%             | 2030-06-01      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| CENTRICA PLC                                            | Centrica PLC                                                                      | CUSIP: 000000000<br>LEI: E26EDV109X6EEPBKVH76 | Long             | DBT              | CORP              | GB        |    494000 | PA      | $655493.27    | 0.04%             | 2055-05-21      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| LOTTOMATICA GROUP SPA                                   | Lottomatica Group Spa                                                             | CUSIP: 000000000<br>LEI: 549300R72LKEGT4EX026 | Long             | DBT              | CORP              | IT        |    142000 | PA      | $164433.04    | 0.01%             | 2031-06-01      | Floating      | 5.26%                 | No            | 2                  | On Loan: No      |
| UZBEKISTAN INTL BOND                                    | Republic of Uzbekistan International Bond                                         | CUSIP: 000000000<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |    221000 | PA      | $257043.68    | 0.02%             | 2027-05-29      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| BERTRAND FRANCHISE                                      | Bertrand Franchise Finance SAS                                                    | CUSIP: 000000000<br>LEI: 969500HGPPEHSTNJFW57 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $112244.38    | 0.01%             | 2030-07-18      | Floating      | 5.78%                 | No            | 2                  | On Loan: No      |
| PRESTIGEBIDCO GMBH                                      | PrestigeBidCo GmbH                                                                | CUSIP: 000000000<br>LEI: 529900CSF1DNOCHMI763 | Long             | DBT              | CORP              | DE        |    236000 | PA      | $272438.49    | 0.02%             | 2029-07-01      | Floating      | 5.77%                 | No            | 2                  | On Loan: No      |
| RCI BANQUE SA                                           | RCI Banque SA                                                                     | CUSIP: 000000000<br>LEI: 96950001WI712W7PQG45 | Long             | DBT              | CORP              | FR        |    500000 | PA      | $585768.06    | 0.04%             | 2034-10-09      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Tikehau                                                 | Tikehau CLO XII DAC                                                               | CUSIP: 000000000<br>LEI: 635400XEDWHMLUXZJY76 | Long             | ABS-CBDO         | CORP              | IE        |    340000 | PA      | $391024.41    | 0.03%             | 2038-10-20      | Floating      | 5.28%                 | No            | 2                  | On Loan: No      |
| SOFTBANK GROUP CORP                                     | SoftBank Group Corp                                                               | CUSIP: 000000000<br>LEI: 5493003BZYYYCDIO0R13 | Long             | DBT              | CORP              | JP        |    249000 | PA      | $273044.72    | 0.02%             | 2032-07-08      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| SOFTBANK GROUP CORP                                     | SoftBank Group Corp                                                               | CUSIP: 000000000<br>LEI: 5493003BZYYYCDIO0R13 | Long             | DBT              | CORP              | JP        |    176000 | PA      | $204218.97    | 0.01%             | 2029-01-08      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| AMBER FINCO PLC                                         | Amber Finco PLC                                                                   | CUSIP: 000000000<br>LEI: 9845004C0870D380O790 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $237221.80    | 0.02%             | 2029-07-15      | Fixed         | 6.63%                 | No            | 2                  | On Loan: No      |
| AB CarVal Euro CLO                                      | AB Carval Euro CLO II-C DAC                                                       | CUSIP: 000000000<br>LEI: 6354004BYSUDKD9P4215 | Long             | ABS-CBDO         | CORP              | IE        |    250000 | PA      | $290407.25    | 0.02%             | 2037-02-15      | Floating      | 5.73%                 | No            | 2                  | On Loan: No      |
| ZEGONA FINANCE PLC                                      | Zegona Finance PLC                                                                | CUSIP: 000000000<br>LEI: 254900B3KC1SS7T2TE92 | Long             | DBT              | CORP              | GB        |    654800 | PA      | $785476.53    | 0.05%             | 2029-07-15      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| ROSSINI SARL                                            | Rossini Sarl                                                                      | CUSIP: 000000000<br>LEI: 549300EC5JCCW6F83R11 | Long             | DBT              | CORP              | LU        |    147000 | PA      | $174626.67    | 0.01%             | 2029-12-31      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| ROSSINI SARL                                            | Rossini Sarl                                                                      | CUSIP: 000000000<br>LEI: 549300EC5JCCW6F83R11 | Long             | DBT              | CORP              | LU        |     88672 | PA      | $102764.83    | 0.01%             | 2029-12-31      | Floating      | 6.00%                 | No            | 2                  | On Loan: No      |
| Palmer Square European Loan Funding 2020-1 DAC          | Palmer Square European Loan Funding 2024-2 DAC                                    | CUSIP: 000000000<br>LEI: 254900G4AVDGFB7U1712 | Long             | ABS-CBDO         | CORP              | IE        |    250000 | PA      | $289235.22    | 0.02%             | 2034-05-15      | Floating      | 5.13%                 | No            | 2                  | On Loan: No      |
| AFFLELOU SAS                                            | Afflelou SAS                                                                      | CUSIP: 000000000<br>LEI: 969500I7CS80FNB7CZ43 | Long             | DBT              | CORP              | FR        |    192000 | PA      | $225621.47    | 0.02%             | 2029-07-25      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| STONEGATE PUB FIN                                       | Stonegate Pub Co Financing 2019 PLC                                               | CUSIP: 000000000<br>LEI: 254900L5266ML3505282 | Long             | DBT              | CORP              | GB        |    123000 | PA      | $139073.07    | 0.01%             | 2029-07-31      | Floating      | 8.62%                 | No            | 2                  | On Loan: No      |
| STONEGATE PUB FIN                                       | Stonegate Pub Co Financing 2019 PLC                                               | CUSIP: 000000000<br>LEI: 254900L5266ML3505282 | Long             | DBT              | CORP              | GB        |    138000 | PA      | $180849.01    | 0.01%             | 2029-07-31      | Fixed         | 10.75%                | No            | 2                  | On Loan: No      |
| SONA FIOS CLO                                           | Sona Fios Clo III DAC                                                             | CUSIP: 000000000<br>LEI: 635400CQGC8D7FRXGH67 | Long             | ABS-CBDO         | CORP              | IE        |    470000 | PA      | $540533.68    | 0.04%             | 2037-04-20      | Floating      | 5.28%                 | No            | 2                  | On Loan: No      |
| ELECTRICITE DE FRANCE SA                                | Electricite de France SA                                                          | CUSIP: 000000000<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $236391.00    | 0.02%             | 2032-06-17      | Fixed         | 5.63%                 | No            | 2                  | On Loan: No      |
| BUBBLES BIDCO SPA                                       | Bubbles Bidco SPA                                                                 | CUSIP: 000000000<br>LEI: 815600073942740CEB24 | Long             | DBT              | CORP              | IT        |    236000 | PA      | $272608.03    | 0.02%             | 2031-09-30      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| BUBBLES BIDCO SPA                                       | Bubbles Bidco SPA                                                                 | CUSIP: 000000000<br>LEI: 815600073942740CEB24 | Long             | DBT              | CORP              | IT        |    131000 | PA      | $151472.61    | 0.01%             | 2031-09-30      | Floating      | 6.38%                 | No            | 2                  | On Loan: No      |
| Providus CLO                                            | Providus CLO II DAC                                                               | CUSIP: 000000000<br>LEI: 635400JFBYET5G2XFP83 | Long             | ABS-CBDO         | CORP              | IE        |    238000 | PA      | $272527.36    | 0.02%             | 2038-10-15      | Floating      | 5.22%                 | No            | 2                  | On Loan: No      |
| Arbour CLO                                              | Arbour CLO VI DAC                                                                 | CUSIP: 000000000<br>LEI: 635400HEJB8VLV1GBH66 | Long             | ABS-CBDO         | CORP              | IE        |    300000 | PA      | $343468.52    | 0.02%             | 2037-11-15      | Floating      | 5.18%                 | No            | 2                  | On Loan: No      |
| Capital Four CLO                                        | Capital Four CLO VIII DAC                                                         | CUSIP: 000000000<br>LEI: 2549006Z0XBVN3OW8T93 | Long             | ABS-CBDO         | CORP              | IE        |    350000 | PA      | $400939.01    | 0.03%             | 2037-10-25      | Floating      | 5.28%                 | No            | 2                  | On Loan: No      |
| MUANGTHAI CAPITAL PCL                                   | Muangthai Capital PCL                                                             | CUSIP: 000000000<br>LEI: 254900ZI1FO2W9132C98 | Long             | DBT              | CORP              | TH        |    200000 | PA      | $197844.00    | 0.01%             | 2028-09-30      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| OEG FINANCE PLC                                         | OEG Finance PLC                                                                   | CUSIP: 000000000<br>LEI: 254900KMBHWF9UK63G44 | Long             | DBT              | CORP              | GB        |    271000 | PA      | $322627.76    | 0.02%             | 2029-09-27      | Fixed         | 7.25%                 | No            | 2                  | On Loan: No      |
| DYNAMO NEWCO II GMBH                                    | Dynamo Newco II GmbH                                                              | CUSIP: 000000000<br>LEI: 391200FDSPYB8FKV7F97 | Long             | DBT              | CORP              | DE        |    118000 | PA      | $120960.26    | 0.01%             | 2031-10-15      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| Jubilee CDO BV                                          | Jubilee CLO 2024-XXIX DAC                                                         | CUSIP: 000000000<br>LEI: 635400VFSWKTVSOVPY94 | Long             | ABS-CBDO         | CORP              | IE        |    370000 | PA      | $420992.84    | 0.03%             | 2039-01-15      | Floating      | 5.22%                 | No            | 2                  | On Loan: No      |
| EDGE FINCO PLC                                          | Edge Finco PLC                                                                    | CUSIP: 000000000<br>LEI: 648835NI8LJE5190NT73 | Long             | DBT              | CORP              | GB        |    495000 | PA      | $675847.08    | 0.05%             | 2031-08-15      | Fixed         | 8.13%                 | No            | 2                  | On Loan: No      |
| IHO VERWALTUNGS GMBH                                    | IHO Verwaltungs GmbH                                                              | CUSIP: 000000000<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |    249000 | PA      | $300902.71    | 0.02%             | 2031-11-15      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| UNITED GROUP BV                                         | United Group BV                                                                   | CUSIP: 000000000<br>LEI: 213800PC85O8BJ7DU398 | Long             | DBT              | CORP              | NL        |    102000 | PA      | $116135.55    | 0.01%             | 2031-10-31      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Palmer Square European Loan Funding 2020-1 DAC          | Palmer Square European Loan Funding 2024-3 DAC                                    | CUSIP: 000000000<br>LEI: 254900IYUKLJNYNCCC63 | Long             | ABS-CBDO         | CORP              | IE        |    220000 | PA      | $254693.63    | 0.02%             | 2034-05-15      | Floating      | 5.03%                 | No            | 2                  | On Loan: No      |
| Henley Funding Ltd.                                     | Henley CLO XII DAC                                                                | CUSIP: 000000000<br>LEI: 635400SQELBB2FR6QN30 | Long             | ABS-CBDO         | CORP              | IE        |    220000 | PA      | $252873.87    | 0.02%             | 2038-01-15      | Floating      | 5.12%                 | No            | 2                  | On Loan: No      |
| CALIFORNIA BUYER/ATLANTI                                | California Buyer Ltd / Atlantica Sustainable Infrastructure PLC                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    196000 | PA      | $218985.68    | 0.01%             | 2032-02-15      | Fixed         | 5.63%                 | No            | 2                  | On Loan: No      |
| ALMAVIVA THE ITALIAN INN                                | Almaviva-The Italian Innovation Co SpA                                            | CUSIP: 000000000<br>LEI: 815600A862DA4DD9E211 | Long             | DBT              | CORP              | IT        |    109000 | PA      | $119390.49    | 0.01%             | 2030-10-30      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Arini European CLO                                      | Arini European Clo IV DAC                                                         | CUSIP: 000000000<br>LEI: 635400S1CQWFRKNVAN93 | Long             | ABS-CBDO         | CORP              | IE        |    430000 | PA      | $497738.21    | 0.03%             | 2038-01-15      | Floating      | 5.52%                 | No            | 2                  | On Loan: No      |
| Contego CLO DAC                                         | Contego CLO XI DAC                                                                | CUSIP: 000000000<br>LEI: 6354008HTD4GEZHRKR02 | Long             | ABS-CBDO         | CORP              | IE        |    220000 | PA      | $250070.95    | 0.02%             | 2038-11-20      | Floating      | 5.21%                 | No            | 2                  | On Loan: No      |
| Victory Street CLO                                      | Victory Street CLO I DAC                                                          | CUSIP: 000000000<br>LEI: 635400D4KWYZ4IFHKI82 | Long             | ABS-CBDO         | CORP              | IE        |    320000 | PA      | $369380.18    | 0.02%             | 2038-01-15      | Floating      | 5.47%                 | No            | 2                  | On Loan: No      |
| TUI CRUISES GMBH                                        | TUI Cruises GmbH                                                                  | CUSIP: 000000000<br>LEI: 529900SVD83QUUIZYY18 | Long             | DBT              | CORP              | DE        |    104000 | PA      | $117015.40    | 0.01%             | 2030-05-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| GRUENENTHAL GMBH                                        | Gruenenthal GmbH                                                                  | CUSIP: 000000000<br>LEI: 529900SH895E31PGLA72 | Long             | DBT              | CORP              | DE        |    211000 | PA      | $239000.11    | 0.02%             | 2031-11-15      | Fixed         | 4.63%                 | No            | 2                  | On Loan: No      |
| PACIFIC NATIONAL FINANCE                                | Pacific National Finance Pty Ltd                                                  | CUSIP: 000000000<br>LEI: 213800SSTRDXLWWVF948 | Long             | DBT              | CORP              | AU        |    190000 | PA      | $131110.20    | 0.01%             | 2054-12-11      | Fixed         | 7.75%                 | No            | 2                  | On Loan: No      |
| Contego CLO DAC                                         | Contego CLO VII DAC                                                               | CUSIP: 000000000<br>LEI: 549300HTBV5M1YNUW859 | Long             | ABS-CBDO         | CORP              | IE        |    290000 | PA      | $327587.34    | 0.02%             | 2038-01-23      | Floating      | 5.48%                 | No            | 2                  | On Loan: No      |
| Avoca CLO                                               | Avoca CLO XVIII DAC                                                               | CUSIP: 000000000<br>LEI: 549300K6K5XESJRIKM24 | Long             | ABS-CBDO         | CORP              | IE        |    170000 | PA      | $193613.96    | 0.01%             | 2038-01-15      | Floating      | 5.07%                 | No            | 2                  | On Loan: No      |
| REPUBLIC OF CHILE                                       | Chile Government International Bond                                               | CUSIP: 000000000<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    111000 | PA      | $127097.21    | 0.01%             | 2032-01-14      | Fixed         | 3.75%                 | No            | 2                  | On Loan: No      |
| DEUTSCHE LUFTHANSA AG                                   | Deutsche Lufthansa AG                                                             | CUSIP: 000000000<br>LEI: 529900PH63HYJ86ASW55 | Long             | DBT              | CORP              | DE        |    200000 | PA      | $226335.12    | 0.02%             | 2055-01-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| REPUBLIC OF INDONESIA                                   | Indonesia Government International Bond                                           | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    110000 | PA      | $123568.25    | 0.01%             | 2033-01-15      | Fixed         | 3.88%                 | No            | 2                  | On Loan: No      |
| ENI SPA                                                 | Eni SpA                                                                           | CUSIP: 000000000<br>LEI: BUCRF72VH5RBN7X3VL35 | Long             | DBT              | CORP              | IT        |    200000 | PA      | $229033.27    | 0.02%             | 2034-01-21      | Fixed         | 4.88%                 | No            | 2                  | On Loan: No      |
| ADLER FINANCING SARL                                    | Adler Financing Sarl                                                              | CUSIP: 000000000<br>LEI: 213800BAQB59IVKP7S93 | Long             | DBT              | CORP              | LU        |    381355 | PA      | $487388.83    | 0.03%             | 2028-12-31      | Fixed         | 8.25%                 | No            | 2                  | On Loan: No      |
| CONTOURGLOBAL POWER HLDG                                | ContourGlobal Power Holdings SA                                                   | CUSIP: 000000000<br>LEI: 549300O5AGIFK0PQ1516 | Long             | DBT              | CORP              | LU        |    162000 | PA      | $187238.26    | 0.01%             | 2030-02-28      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| MPT OPER PARTNERSP/FINL                                 | MPT Operating Partnership LP / MPT Finance Corp                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              |  | US        |    209000 | PA      | $237735.45    | 0.02%             | 2032-02-15      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| SGL GROUP APS                                           | SGL Group ApS                                                                     | CUSIP: 000000000<br>LEI: 636700YQKGLXCPPUYE74 | Long             | DBT              | CORP              | DK        |    143000 | PA      | $151921.79    | 0.01%             | 2031-02-24      | Floating      | 6.27%                 | No            | 2                  | On Loan: No      |
| Aurium CLO                                              | Aurium Clo XIII DAC                                                               | CUSIP: 000000000<br>LEI: 635400NUJFLZMWBUGF89 | Long             | ABS-CBDO         | CORP              | IE        |    160000 | PA      | $180671.23    | 0.01%             | 2038-04-15      | Floating      | 4.82%                 | No            | 2                  | On Loan: No      |
| ROMANIA                                                 | Romanian Government International Bond                                            | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    215000 | PA      | $251614.14    | 0.02%             | 2034-09-10      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| SUMMER BC HOLDCO B SARL                                 | Summer BC Holdco B SARL                                                           | CUSIP: 000000000<br>LEI: 984500NRF59D5DB9B654 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $198843.81    | 0.01%             | 2030-02-15      | Fixed         | 5.88%                 | No            | 2                  | On Loan: No      |
| SUMMER BC HOLDCO B SARL                                 | Summer BC Holdco B SARL                                                           | CUSIP: 000000000<br>LEI: 984500NRF59D5DB9B654 | Long             | DBT              | CORP              | LU        |    127000 | PA      | $127550.27    | 0.01%             | 2030-02-15      | Floating      | 6.23%                 | No            | 2                  | On Loan: No      |
| REPUBLIC OF GABON                                       | Gabon Government International Bond                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | GA        |    248000 | PA      | $232031.28    | 0.02%             | 2029-02-18      | Fixed         | 9.50%                 | No            | 2                  | On Loan: No      |
| Fidelity Grand Harbour CLO                              | Fidelity Grand Harbour Clo 2023-1 DAC                                             | CUSIP: 000000000<br>LEI: 635400GMXFDXRDDHLG52 | Long             | ABS-CBDO         | CORP              | IE        |    300000 | PA      | $336308.20    | 0.02%             | 2038-02-15      | Floating      | 4.68%                 | No            | 2                  | On Loan: No      |
| Henley Funding Ltd.                                     | Henley Clo Xi DAC                                                                 | CUSIP: 000000000<br>LEI: 6354004ZEQIYPXESRG76 | Long             | ABS-CBDO         | CORP              | IE        |    330000 | PA      | $368083.90    | 0.02%             | 2039-04-25      | Floating      | 4.63%                 | No            | 2                  | On Loan: No      |
| Arini European CLO                                      | Arini European CLO V DAC                                                          | CUSIP: 000000000<br>LEI: 635400HVHHJPCXB66K47 | Long             | ABS-CBDO         | CORP              | IE        |    230000 | PA      | $260126.47    | 0.02%             | 2039-01-15      | Floating      | 4.82%                 | No            | 2                  | On Loan: No      |
| Contego CLO DAC                                         | Contego Clo V DAC                                                                 | CUSIP: 000000000<br>LEI: 549300RF10WJ1D9VYK55 | Long             | ABS-CBDO         | CORP              | IE        |    230000 | PA      | $263718.87    | 0.02%             | 2037-10-15      | Floating      | 5.12%                 | No            | 2                  | On Loan: No      |
| TAG IMMOBILIEN AG                                       | TAG Immobilien AG                                                                 | CUSIP: 000000000<br>LEI: 529900TAE68USJNXLR59 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $118795.97    | 0.01%             | 2031-03-11      | Fixed         | 0.63%                 | No            | 1                  | On Loan: No      |
| RCI BANQUE SA                                           | RCI Banque SA                                                                     | CUSIP: 000000000<br>LEI: 96950001WI712W7PQG45 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $223755.16    | 0.01%             | 2037-03-24      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| Rockford Tower Europe CLO                               | Rockford Tower Europe Clo 2025-1 DAC                                              | CUSIP: 000000000<br>LEI: 635400NARJYDXJRPGF02 | Long             | ABS-CBDO         | CORP              | IE        |    290000 | PA      | $332797.23    | 0.02%             | 2037-10-25      | Floating      | 5.03%                 | No            | 2                  | On Loan: No      |
| Arcano Euro CLO                                         | Arcano Euro CLO I DAC                                                             | CUSIP: 000000000<br>LEI: 635400KVFUOP733LMF93 | Long             | ABS-CBDO         | CORP              | IE        |    350000 | PA      | $403772.43    | 0.03%             | 2039-04-25      | Floating      | 5.43%                 | No            | 2                  | On Loan: No      |
| ALSTRIA S.A R.L.                                        | alstria Sarl                                                                      | CUSIP: 000000000<br>LEI: 529900QIJIGPI0DRL085 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $114447.39    | 0.01%             | 2031-03-20      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| CVC Cordatus Opportunity Loan Fund DAC                  | CVC Cordatus Opportunity Loan Fund-R DAC                                          | CUSIP: 000000000<br>LEI: 635400C8SJP8XE4FXA57 | Long             | ABS-CBDO         | CORP              | IE        |    700000 | PA      | $795664.90    | 0.05%             | 2033-08-15      | Floating      | 4.78%                 | No            | 2                  | On Loan: No      |
| Texas Debt Capital Euro CLO DAC                         | Texas Debt Capital Euro CLO 2025-I DAC                                            | CUSIP: 000000000<br>LEI: 6354005CUY8PX5XJT459 | Long             | ABS-CBDO         | CORP              | IE        |    350000 | PA      | $402012.65    | 0.03%             | 2039-04-16      | Floating      | 5.02%                 | No            | 2                  | On Loan: No      |
| IBERDROLA FINANZAS SAU                                  | Iberdrola Finanzas SA                                                             | CUSIP: 000000000<br>LEI: 5493004PZNZWWBOUV388 | Long             | DBT              | CORP              | ES        |    100000 | PA      | $133576.79    | 0.01%             | 2030-03-27      | Fixed         | 1.50%                 | No            | 2                  | On Loan: No      |
| SCHAEFFLER AG                                           | Schaeffler AG                                                                     | CUSIP: 000000000<br>LEI: 549300Q7E782X7GC1P43 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $116853.85    | 0.01%             | 2031-04-01      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| SCHAEFFLER AG                                           | Schaeffler AG                                                                     | CUSIP: 000000000<br>LEI: 549300Q7E782X7GC1P43 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $114232.31    | 0.01%             | 2028-04-01      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| KINGDOM OF MOROCCO                                      | Morocco Government International Bond                                             | CUSIP: 000000000<br>LEI: 529900F3MBW9XY5K1X07 | Long             | DBT              | NUSS              | MA        |    200000 | PA      | $227471.32    | 0.02%             | 2035-04-02      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| ITELYUM REGENERATION SPA                                | Itelyum Regeneration Spa                                                          | CUSIP: 000000000<br>LEI: 815600051FBC23AA8A45 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $114012.26    | 0.01%             | 2030-04-15      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| ROMANIA                                                 | Romanian Government International Bond                                            | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     82000 | PA      | $94436.62     | 0.01%             | 2039-07-11      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| CITYCON TREASURY BV                                     | Citycon Treasury BV                                                               | CUSIP: 000000000<br>LEI: 549300WAE0CGQ0IE1H63 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $106490.49    | 0.01%             | 2031-07-08      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| LOTTOMATICA GROUP SPA                                   | Lottomatica Group Spa                                                             | CUSIP: 000000000<br>LEI: 549300R72LKEGT4EX026 | Long             | DBT              | CORP              | IT        |    148000 | PA      | $172416.65    | 0.01%             | 2031-01-31      | Fixed         | 4.88%                 | No            | 2                  | On Loan: No      |
| WINTERSHALL DEA FIN 2BV                                 | Wintershall Dea Finance 2 BV                                                      | CUSIP: 000000000<br>LEI: 529900DV88FUQZSVVL48 | Long             | DBT              | CORP              | NL        |    164000 | PA      | $191562.13    | 0.01%             | 2030-05-08      | Fixed         | 6.12%                 | No            | 2                  | On Loan: No      |
| IPD 3 BV                                                | IPD 3 BV                                                                          | CUSIP: 000000000<br>LEI: 724500RBP2J59JMQB629 | Long             | DBT              | CORP              | NL        |    182000 | PA      | $197562.45    | 0.01%             | 2031-06-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| OCADO GROUP PLC                                         | Ocado Group PLC                                                                   | CUSIP: 000000000<br>LEI: 213800LO8F61YB8MBC74 | Long             | DBT              | CORP              | GB        |    146000 | PA      | $192675.39    | 0.01%             | 2030-06-15      | Fixed         | 11.00%                | No            | 2                  | On Loan: No      |
| GLP PTE LTD                                             | GLP Pte Ltd                                                                       | CUSIP: 000000000<br>LEI: 254900PC2NNG9BLIJO15 | Long             | DBT              | CORP              | SG        |    200000 | PA      | $163500.00    | 0.01%             | 2028-05-20      | Fixed         | 9.75%                 | No            | 2                  | On Loan: No      |
| SHIFT4 PAYMENTS LLC/FIN                                 | Shift4 Payments LLC / Shift4 Payments Finance Sub Inc                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $435874.07    | 0.03%             | 2033-05-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Contemporary Amperex Technology Co Ltd                  | Contemporary Amperex Technology Co Ltd                                            | CUSIP: 000000000<br>LEI: 300300KINDY1K0E9I032 | Long             | EC               | CORP              | CN        |      6066 | NS      | $483509.54    | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| VOLKSWAGEN INTL FIN NV                                  | Volkswagen International Finance NV                                               | CUSIP: 000000000<br>LEI: 5299004PWNHKYTR23649 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $115358.85    | 0.01%             | 2030-11-15      | Fixed         | 5.49%                 | No            | 2                  | On Loan: No      |
| VOLKSWAGEN INTL FIN NV                                  | Volkswagen International Finance NV                                               | CUSIP: 000000000<br>LEI: 5299004PWNHKYTR23649 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $115527.81    | 0.01%             | 2033-11-15      | Fixed         | 5.99%                 | No            | 2                  | On Loan: No      |
| PRYSMIAN SPA                                            | Prysmian SpA                                                                      | CUSIP: 000000000<br>LEI: 529900X0H1IO3RS1A464 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $117351.94    | 0.01%             | 2030-05-21      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| ALBION FINANCING 1SARL /                                | Albion Financing 1 SARL / Aggreko Holdings Inc                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    185000 | PA      | $214304.24    | 0.01%             | 2030-05-21      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| AIR FRANCE-KLM                                          | Air France-KLM                                                                    | CUSIP: 000000000<br>LEI: 969500AQW31GYO8JZD66 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $224924.25    | 0.02%             | 2030-05-21      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| FLUTTER TREASURY DAC                                    | Flutter Treasury DAC                                                              | CUSIP: 000000000<br>LEI: 635400JE8VLL9UFVIC38 | Long             | DBT              | CORP              | IE        |    211000 | PA      | $235400.10    | 0.02%             | 2031-06-04      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| ZF EUROPE FINANCE BV                                    | ZF Europe Finance BV                                                              | CUSIP: 000000000<br>LEI: 549300RI533US2G6G542 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $235810.22    | 0.02%             | 2030-06-12      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| MEHILAINEN YHTIOT OY                                    | Mehilainen Yhtiot Oy                                                              | CUSIP: 000000000<br>LEI: 2138006X78HGYRHS5865 | Long             | DBT              | CORP              | FI        |    152000 | PA      | $175077.41    | 0.01%             | 2032-06-30      | Fixed         | 5.13%                 | No            | 2                  | On Loan: No      |
| BAUSCH & LOMB NL BV/INC                                 | Bausch + Lomb Netherlands BV and Bausch & Lomb Inc                                | CUSIP: 000000000<br>LEI: 549300NY6OZM39SO6475 | Long             | DBT              | CORP              | XX        |    100000 | PA      | $115587.84    | 0.01%             | 2031-01-15      | Floating      | 5.89%                 | No            | 2                  | On Loan: No      |
| FIBERCOP SPA                                            | Fibercop SpA                                                                      | CUSIP: 000000000<br>LEI: 8156007022402E114A31 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $114429.54    | 0.01%             | 2032-06-30      | Fixed         | 5.13%                 | No            | 2                  | On Loan: No      |
| BELLIS ACQUISITION CO PL                                | Bellis Acquisition Co PLC                                                         | CUSIP: 000000000<br>LEI: 259400CYE2267UB4A481 | Long             | DBT              | CORP              | GB        |    238000 | PA      | $259186.92    | 0.02%             | 2031-07-01      | Fixed         | 8.00%                 | No            | 2                  | On Loan: No      |
| DARLING GLOBAL FINANCE                                  | Darling Global Finance BV                                                         | CUSIP: 000000000<br>LEI: 724500R2BQXOR6YG2Y67 | Long             | DBT              | CORP              | NL        |    196000 | PA      | $225428.16    | 0.02%             | 2032-07-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| LUNA 2 5SARL                                            | Luna 2 5SARL                                                                      | CUSIP: 000000000<br>LEI: 894500N8J2QVEYP0UI86 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $113690.18    | 0.01%             | 2032-07-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| GARFUNKELUX HOLDCO 3 SA                                 | Garfunkelux Holdco 3 SA                                                           | CUSIP: 000000000<br>LEI: 2221007QVSNJV7EWBX69 | Long             | DBT              | CORP              | LU        |    438720 | PA      | $509612.66    | 0.03%             | 2028-09-01      | Fixed         | 9.00%                 | No            | 2                  | On Loan: No      |
| DOLCETTO HOLDCO SPA                                     | Dolcetto Holdco SpA                                                               | CUSIP: 000000000<br>LEI: 81560029E819F2CE4A42 | Long             | DBT              | CORP              | IT        |    156000 | PA      | $179103.25    | 0.01%             | 2032-07-14      | Fixed         | 5.63%                 | No            | 2                  | On Loan: No      |
| DOLCETTO HOLDCO SPA                                     | Dolcetto Holdco SpA                                                               | CUSIP: 000000000<br>LEI: 81560029E819F2CE4A42 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $115476.55    | 0.01%             | 2032-07-14      | Floating      | 5.78%                 | No            | 2                  | On Loan: No      |
| MAXAM PRILL SARL                                        | Maxam Prill Sarl                                                                  | CUSIP: 000000000<br>LEI: 984500C4C5B820A6B691 | Long             | DBT              | CORP              | LU        |    452000 | PA      | $516308.05    | 0.03%             | 2030-07-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| BEACH ACQUISITION BIDCO                                 | Beach Acquisition Bidco LLC                                                       | CUSIP: 000000000<br>LEI: 254900F2FNX3GBTB6202 | Long             | DBT              | CORP              | US        |    128000 | PA      | $141896.51    | 0.01%             | 2032-07-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Arcano Euro CLO                                         | Arcano Euro Clo II DAC                                                            | CUSIP: 000000000<br>LEI: 635400HGPOTPFZDKOF20 | Long             | ABS-CBDO         | CORP              | IE        |    160000 | PA      | $184032.53    | 0.01%             | 2039-07-25      | Floating      | 5.33%                 | No            | 2                  | On Loan: No      |
| BCP MODULAR SERVICES                                    | BCP V Modular Services Finance II PLC                                             | CUSIP: 000000000<br>LEI: 213800227GGD6UI7PI97 | Long             | DBT              | CORP              | GB        |    382000 | PA      | $375156.18    | 0.03%             | 2031-07-10      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| SOFTBANK GROUP CORP                                     | SoftBank Group Corp                                                               | CUSIP: 000000000<br>LEI: 5493003BZYYYCDIO0R13 | Long             | DBT              | CORP              | JP        |    100000 | PA      | $113693.25    | 0.01%             | 2029-10-10      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| SOFTBANK GROUP CORP                                     | SoftBank Group Corp                                                               | CUSIP: 000000000<br>LEI: 5493003BZYYYCDIO0R13 | Long             | DBT              | CORP              | JP        |    228000 | PA      | $252852.45    | 0.02%             | 2033-07-10      | Fixed         | 6.38%                 | No            | 2                  | On Loan: No      |
| SOFTBANK GROUP CORP                                     | SoftBank Group Corp                                                               | CUSIP: 000000000<br>LEI: 5493003BZYYYCDIO0R13 | Long             | DBT              | CORP              | JP        |    256000 | PA      | $288224.13    | 0.02%             | 2031-07-10      | Fixed         | 5.88%                 | No            | 2                  | On Loan: No      |
| MUANGTHAI CAPITAL PCL                                   | Muangthai Capital PCL                                                             | CUSIP: 000000000<br>LEI: 254900ZI1FO2W9132C98 | Long             | DBT              | CORP              | TH        |    250000 | PA      | $247500.00    | 0.02%             | 2030-07-21      | Fixed         | 7.55%                 | No            | 2                  | On Loan: No      |
| SONA FIOS CLO                                           | Sona Fios CLO V DAC                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |    170000 | PA      | $195949.48    | 0.01%             | 2038-08-25      | Floating      | 5.33%                 | No            | 2                  | On Loan: No      |
| NISSAN MOTOR CO                                         | Nissan Motor Co Ltd                                                               | CUSIP: 000000000<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |    214000 | PA      | $244850.99    | 0.02%             | 2029-07-17      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| HEIMSTADEN AB                                           | Heimstaden AB                                                                     | CUSIP: 000000000<br>LEI: 549300WD2QBD89VBPV88 | Long             | DBT              | CORP              | SE        |    107000 | PA      | $120628.61    | 0.01%             | 2031-01-24      | Fixed         | 7.36%                 | No            | 2                  | On Loan: No      |
| FRONERI LUX FINCO SARL                                  | Froneri Lux FinCo SARL                                                            | CUSIP: 000000000<br>LEI: 9845005YBZ75E5AA3B94 | Long             | DBT              | CORP              | LU        |    300000 | PA      | $327553.85    | 0.02%             | 2032-08-01      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| INTRUM INV AND FIN                                      | Intrum Investments And Financing AB                                               | CUSIP: 000000000<br>LEI: 984500D7B1EFD7460452 | Long             | DBT              | CORP              | SE        |    210466 | PA      | $241837.25    | 0.02%             | 2027-09-11      | Fixed         | 8.00%                 | No            | 2                  | On Loan: No      |
| ALEXANDRITE LAKE LUX HOL                                | Alexandrite Lake Lux Holdings Sarl                                                | CUSIP: 000000000<br>LEI: 213800RY78YHYF5J8L55 | Long             | DBT              | CORP              | LU        |    284000 | PA      | $320875.58    | 0.02%             | 2030-07-30      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| Aurium CLO                                              | Aurium CLO VII DAC                                                                | CUSIP: 000000000<br>LEI: 549300V2IBKMYWMKX423 | Long             | ABS-CBDO         | CORP              | IE        |    100000 | PA      | $113677.75    | 0.01%             | 2038-10-15      | Floating      | 5.28%                 | No            | 2                  | On Loan: No      |
| Signal Harmonic CLO                                     | Signal Harmonic CLO I DAC                                                         | CUSIP: 000000000<br>LEI: 635400CPGNMPPUYRUY64 | Long             | ABS-CBDO         | CORP              | IE        |    190000 | PA      | $216527.27    | 0.01%             | 2038-07-15      | Floating      | 5.52%                 | No            | 2                  | On Loan: No      |
| FORTUNE STAR BVI LTD                                    | Fortune Star BVI Ltd                                                              | CUSIP: 000000000<br>LEI: 2549008CU8NYQQRSNU62 | Long             | DBT              | CORP              | VG        |    200000 | PA      | $188985.00    | 0.01%             | 2029-09-09      | Fixed         | 6.80%                 | No            | 2                  | On Loan: No      |
| UNIBAIL-RODAMCO-WESTFLD                                 | Unibail-Rodamco-Westfield SE                                                      | CUSIP: 000000000<br>LEI: 969500SHQITWXSIS7N89 | Long             | DBT              |  | FR        |    200000 | PA      | $228673.25    | 0.02%             | 2031-06-11      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| IRON MOUNTAIN INC                                       | Iron Mountain Inc                                                                 | CUSIP: 000000000<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    284000 | PA      | $305452.54    | 0.02%             | 2034-01-15      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| VZ SECURED FINANCING BV                                 | VZ Secured Financing BV                                                           | CUSIP: 000000000<br>LEI: 549300MG611MYCOWY949 | Long             | DBT              | CORP              | NL        |    341000 | PA      | $363366.39    | 0.02%             | 2033-01-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| UNITED MEXICAN STATES                                   | Mexico Government International Bond                                              | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    100000 | PA      | $111568.44    | 0.01%             | 2038-03-19      | Fixed         | 5.13%                 | No            | 2                  | On Loan: No      |
| SCHNEIDER ELECTRIC SE                                   | Schneider Electric SE                                                             | CUSIP: 000000000<br>LEI: 969500A1YF1XUYYXS284 | Long             | DBT              | CORP              | FR        |    400000 | PA      | $459338.62    | 0.03%             | 2033-09-23      | Fixed         | 1.25%                 | No            | 1                  | On Loan: No      |
| Hambridge Euro CLO DAC                                  | Hambridge Euro Clo 1 DAC                                                          | CUSIP: 000000000<br>LEI: 635400P8G4JAUUUQGV26 | Long             | ABS-CBDO         | CORP              | IE        |    210000 | PA      | $242038.67    | 0.02%             | 2038-10-20      | Floating      | 5.34%                 | No            | 2                  | On Loan: No      |
| VEOLIA ENVIRONNEMENT SA                                 | Veolia Environnement SA                                                           | CUSIP: 000000000<br>LEI: 969500LENY69X51OOT31 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $112117.47    | 0.01%             | 2032-10-24      | Fixed         | 4.32%                 | No            | 2                  | On Loan: No      |
| AGL ENERGY LTD                                          | AGL Energy Ltd                                                                    | CUSIP: 000000000<br>LEI: 549300QAZ8A74DEDXO80 | Long             | DBT              | CORP              | AU        |    200000 | PA      | $131358.24    | 0.01%             | 2035-09-30      | Fixed         | 5.77%                 | No            | 2                  | On Loan: No      |
| INEOS FINANCE PLC                                       | INEOS Finance PLC                                                                 | CUSIP: 000000000<br>LEI: 2138002D68XDR4LZCG32 | Long             | DBT              | CORP              | GB        |    186000 | PA      | $195420.41    | 0.01%             | 2031-03-31      | Fixed         | 7.25%                 | No            | 2                  | On Loan: No      |
| DEEPOCEAN LTD                                           | Deepocean Ltd                                                                     | CUSIP: 000000000<br>LEI: 213800OYKN2J6ZFIFU40 | Long             | DBT              | CORP              | JE        |    100000 | PA      | $117555.83    | 0.01%             | 2031-04-08      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| PRA GROUP EUROPE HOLDING                                | PRA Group Europe Holding II Sarl                                                  | CUSIP: 000000000<br>LEI: 635400CWOMLGBIP4GA24 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $109319.85    | 0.01%             | 2032-09-30      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| LENDLEASE ASIA TREASURY                                 | Lendlease Asia Treasury Pte Ltd                                                   | CUSIP: 000000000<br>LEI: 254900RDMI6PPK5EN222 | Long             | DBT              | CORP              | SG        |    250000 | PA      | $192016.02    | 0.01%             | 2030-09-30      | Fixed         | 3.90%                 | No            | 2                  | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                                | Olympus Water US Holding Corp                                                     | CUSIP: 000000000<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    224000 | PA      | $248866.48    | 0.02%             | 2033-02-15      | Fixed         | 6.13%                 | No            | 2                  | On Loan: No      |
| ELECTRICITE DE FRANCE SA                                | Electricite de France SA                                                          | CUSIP: 000000000<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $112039.80    | 0.01%             | 2031-01-06      | Fixed         | 4.38%                 | No            | 2                  | On Loan: No      |
| ION PLATFORM FINANCE SAR                                | ION Platform Finance SARL                                                         | CUSIP: 000000000<br>LEI: 6488IU1F9M51Z3P60R77 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $92204.10     | 0.01%             | 2032-09-30      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| ION PLATFORM FINANCE SAR                                | ION Platform Finance SARL                                                         | CUSIP: 000000000<br>LEI: 6488IU1F9M51Z3P60R77 | Long             | DBT              | CORP              | LU        |    119000 | PA      | $113994.76    | 0.01%             | 2030-09-30      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| NIDDA HEALTHCARE HOLDING                                | Nidda Healthcare Holding GmbH                                                     | CUSIP: 000000000<br>LEI: 549300Q89C4WAO6L0L19 | Long             | DBT              | CORP              | DE        |    384000 | PA      | $440313.63    | 0.03%             | 2032-10-15      | Floating      | 5.23%                 | No            | 2                  | On Loan: No      |
| ROMANIA                                                 | Romanian Government International Bond                                            | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    108000 | PA      | $119251.84    | 0.01%             | 2045-10-07      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| ION PLATFORM FINANCE SAR                                | ION Platform Finance SARL                                                         | CUSIP: 000000000<br>LEI: 6488IU1F9M51Z3P60R77 | Long             | DBT              | CORP              | LU        |    274000 | PA      | $294232.97    | 0.02%             | 2029-05-01      | Fixed         | 7.88%                 | No            | 2                  | On Loan: No      |
| ALSTRIA S.A R.L.                                        | alstria Sarl                                                                      | CUSIP: 000000000<br>LEI: 529900QIJIGPI0DRL085 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $220535.97    | 0.01%             | 2029-10-15      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| CIRSA FINANCE INTER                                     | Cirsa Finance International Sarl                                                  | CUSIP: 000000000<br>LEI: 254900KUJN6DHWH2K029 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $115046.29    | 0.01%             | 2032-10-15      | Floating      | 5.15%                 | No            | 2                  | On Loan: No      |
| CIRSA FINANCE INTER                                     | Cirsa Finance International Sarl                                                  | CUSIP: 000000000<br>LEI: 254900KUJN6DHWH2K029 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $113788.35    | 0.01%             | 2031-10-15      | Fixed         | 4.88%                 | No            | 2                  | On Loan: No      |
| CIFC European Funding                                   | CIFC European Funding CLO II DAC                                                  | CUSIP: 000000000<br>LEI: 549300NYQTL91Z5R9B69 | Long             | ABS-CBDO         | CORP              | IE        |    210000 | PA      | $240897.14    | 0.02%             | 2039-10-15      | Floating      | 5.02%                 | No            | 2                  | On Loan: No      |
| Silver Point Euro CLO Designated Activity Company       | Silver Point Euro Clo 1 DAC                                                       | CUSIP: 000000000<br>LEI: 254900E59SU5T0V8CI79 | Long             | ABS-CBDO         | CORP              | IE        |    110000 | PA      | $126209.87    | 0.01%             | 2039-01-15      | Floating      | 5.10%                 | No            | 2                  | On Loan: No      |
| AROUNDTOWN FINANCE SARL                                 | Aroundtown Finance Sarl                                                           | CUSIP: 000000000<br>LEI: 8945006LEXV2KWSWVP51 | Long             | DBT              | CORP              | LU        |    611000 | PA      | $642639.35    | 0.04%             | 2031-04-30      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| ENERGEAN PLC                                            | Energean PLC                                                                      | CUSIP: 000000000<br>LEI: 549300RVMKU0CYUZBB05 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $112454.74    | 0.01%             | 2031-05-12      | Fixed         | 5.63%                 | No            | 2                  | On Loan: No      |
| Victory Street CLO                                      | Victory Street Clo II DAC                                                         | CUSIP: 000000000<br>LEI: 635400ZBAAJJTSW7YN78 | Long             | ABS-CBDO         | CORP              | IE        |    250000 | PA      | $286637.39    | 0.02%             | 2039-01-15      | Floating      | 5.20%                 | No            | 2                  | On Loan: No      |
| FR BONDCO SAS                                           | FR Bondco SAS                                                                     | CUSIP: 000000000<br>LEI: 9695005XHXDZWSFICJ23 | Long             | DBT              | CORP              | FR        |    113000 | PA      | $124323.39    | 0.01%             | 2032-10-31      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| ARDAGH GROUP SA                                         | Ardagh Group SA                                                                   | CUSIP: 000000000<br>LEI: 6354006L1NWUUOPYX274 | Long             | DBT              | CORP              | LU        |    414000 | PA      | $392889.85    | 0.03%             | 2030-12-01      | Fixed         | 12.00%                | No            | 2                  | On Loan: No      |
| ENTAIN PLC                                              | Entain PLC                                                                        | CUSIP: 000000000<br>LEI: 213800GNI3K45LQR8L28 | Long             | DBT              | CORP              | IM        |    100000 | PA      | $113460.12    | 0.01%             | 2031-11-30      | Fixed         | 4.88%                 | No            | 2                  | On Loan: No      |
| KING US BIDCO INC                                       | King US Bidco Inc                                                                 | CUSIP: 000000000<br>LEI: 254900FMEU5P81WHKR41 | Long             | DBT              | CORP              | US        |    179000 | PA      | $205883.01    | 0.01%             | 2032-12-01      | Floating      | 5.31%                 | No            | 2                  | On Loan: No      |
| DEUCE FINCO                                             | Deuce Finco PLC                                                                   | CUSIP: 000000000<br>LEI: 9845007DA2BC863E8437 | Long             | DBT              | CORP              | GB        |    126000 | PA      | $145283.04    | 0.01%             | 2032-11-20      | Floating      | 5.65%                 | No            | 2                  | On Loan: No      |
| TABCORP FINANCE PTY LTD                                 | Tabcorp Finance Pty Ltd                                                           | CUSIP: 000000000<br>LEI: 213800DP7KVM374ANX97 | Long             | DBT              | CORP              | AU        |    250000 | PA      | $167832.11    | 0.01%             | 2031-05-28      | Fixed         | 5.99%                 | No            | 2                  | On Loan: No      |
| VIVION INVESTMENTS                                      | Vivion Investments Sarl                                                           | CUSIP: 000000000<br>LEI: 529900SJ7X71ESJK9N76 | Long             | DBT              | CORP              | LU        |    302000 | PA      | $326248.54    | 0.02%             | 2030-06-08      | Fixed         | 5.63%                 | No            | 2                  | On Loan: No      |
| Elm Park CLO                                            | Elm Park CLO DAC                                                                  | CUSIP: 000000000<br>LEI: 549300U4MCTO5672RE42 | Long             | ABS-CBDO         | CORP              | IE        |    100000 | PA      | $114322.85    | 0.01%             | 2038-01-15      | Floating      | 5.32%                 | No            | 2                  | On Loan: No      |
| VIVION INVESTMENTS                                      | Vivion Investments Sarl                                                           | CUSIP: 000000000<br>LEI: 529900SJ7X71ESJK9N76 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $193456.67    | 0.01%             | 2031-03-08      | Fixed         | 8.13%                 | No            | 2                  | On Loan: No      |
| DUOMO BIDCO SPA                                         | Duomo Bidco SpA                                                                   | CUSIP: 000000000<br>LEI: 8156008BEDB552B30829 | Long             | DBT              | CORP              | IT        |    180000 | PA      | $204635.17    | 0.01%             | 2032-01-15      | Floating      | 5.31%                 | No            | 2                  | On Loan: No      |
| BIFFA GROUP HOLDINGS LTD                                | Biffa Group Holdings Ltd                                                          | CUSIP: 000000000<br>LEI: 21380012LWLXNMXB8I44 | Long             | DBT              | CORP              | JE        |    114000 | PA      | $127469.21    | 0.01%             | 2031-06-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| BIFFA GROUP HOLDINGS LTD                                | Biffa Group Holdings Ltd                                                          | CUSIP: 000000000<br>LEI: 21380012LWLXNMXB8I44 | Long             | DBT              | CORP              | JE        |    200000 | PA      | $258497.17    | 0.02%             | 2031-06-15      | Fixed         | 7.38%                 | No            | 2                  | On Loan: No      |
| CAS CAPITAL NO2 LTD                                     | Cas Capital No 2 Ltd                                                              | CUSIP: 000000000<br>LEI: 2549007CLL9JS1Z83O04 | Long             | DBT              | CORP              | VG        |    200000 | PA      | $196720.00    | 0.01%             | 2031-01-13      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| SJM INTERNATIONAL LTD                                   | SJM International Ltd                                                             | CUSIP: 000000000<br>LEI: 254900D15HMHW0MJ6N62 | Long             | DBT              | CORP              | VG        |    200000 | PA      | $191154.00    | 0.01%             | 2031-01-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| SAN MIGUEL GLOBAL POWER                                 | San Miguel Global Power Holdings Corp                                             | CUSIP: 000000000<br>LEI: 549300HBCE80QXKII590 | Long             | DBT              | CORP              | PH        |    200000 | PA      | $195844.00    | 0.01%             | 2030-10-20      | Fixed         | 8.38%                 | No            | 2                  | On Loan: No      |
| TELEFONICA EMISIONES SAU                                | Telefonica Emisiones SA                                                           | CUSIP: 000000000<br>LEI: 549300Y5MFC4SW5Z3K71 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $219587.20    | 0.01%             | 2034-01-19      | Fixed         | 4.88%                 | No            | 2                  | On Loan: No      |
| Providus CLO                                            | Providus Clo XIV DAC                                                              | CUSIP: 000000000<br>LEI: 635400RHQLITOVVAUF62 | Long             | ABS-CBDO         | CORP              | IE        |    100000 | PA      | $112318.90    | 0.01%             | 2040-04-18      | Floating      | 4.92%                 | No            | 2                  | On Loan: No      |
| CIFC European Funding CLO                               | CIFC European Funding CLO III DAC                                                 | CUSIP: 000000000<br>LEI: 5493000EF0244RPYUG32 | Long             | ABS-CBDO         | CORP              | IE        |    100000 | PA      | $112685.59    | 0.01%             | 2039-01-15      | Floating      | 4.54%                 | No            | 2                  | On Loan: No      |
| VIRGIN MEDIA O2 VEND FIN                                | Virgin Media O2 Vendor Financing Notes VII DAC                                    | CUSIP: 000000000<br>LEI: 984500871CCF07442C21 | Long             | DBT              | CORP              | IE        |    100000 | PA      | $101292.37    | 0.01%             | 2033-07-15      | Fixed         | 7.50%                 | No            | 2                  | On Loan: No      |
| MKS INC                                                 | MKS Inc                                                                           | CUSIP: 000000000<br>LEI: 549300KEQATBHAGVF505 | Long             | DBT              | CORP              | US        |    378000 | PA      | $417428.29    | 0.03%             | 2034-02-15      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| FABBRICA ITA SINTETICI                                  | FIS Fabbrica Italiana Sintetici SpA                                               | CUSIP: 000000000<br>LEI: 8156004D7056C63EC525 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $113322.94    | 0.01%             | 2031-02-05      | Floating      | 5.28%                 | No            | 2                  | On Loan: No      |
| ITALMATCH CHEMICALS SPA                                 | Italmatch Chemicals SpA                                                           | CUSIP: 000000000<br>LEI: 815600E7294ACCE76074 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $111459.69    | 0.01%             | 2031-02-05      | Floating      | 6.15%                 | No            | 2                  | On Loan: No      |
| KLEOPATRA FINCO SARL                                    | Kleopatra Finco Sarl                                                              | CUSIP: 000000000<br>LEI: 222100M6T1N8VIC8M726 | Long             | DBT              | CORP              | LU        |    331442 | PA      | $339246.99    | 0.02%             | 2031-01-30      | Variable      | 6.00%                 | No            | 2                  | On Loan: No      |
| Penta CLO S.A.                                          | Penta CLO 17 DAC                                                                  | CUSIP: 000000000<br>LEI: 254900P6EQ7DE06DX267 | Long             | ABS-CBDO         | CORP              | IE        |    170000 | PA      | $188146.37    | 0.01%             | 2039-02-15      | Floating      | 4.62%                 | No            | 2                  | On Loan: No      |
| NEWBRIDGE PARK CLO                                      | Newbridge Park CLO DAC                                                            | CUSIP: 000000000<br>LEI: 635400MHBRLQFZ1CYD71 | Long             | ABS-CBDO         | CORP              | IE        |    200000 | PA      | $227072.09    | 0.02%             | 2040-04-15      | Floating      | 4.70%                 | No            | 2                  | On Loan: No      |
| ZF EUROPE FINANCE BV                                    | ZF Europe Finance BV                                                              | CUSIP: 000000000<br>LEI: 549300RI533US2G6G542 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $109047.39    | 0.01%             | 2032-02-17      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| ALLWYN ENTERTAINMENT FIN                                | Allwyn Entertainment Financing UK PLC                                             | CUSIP: 000000000<br>LEI: 315700J7ZTIN8XGCX365 | Long             | DBT              | CORP              | GB        |    174000 | PA      | $192754.09    | 0.01%             | 2031-08-15      | Fixed         | 4.63%                 | No            | 2                  | On Loan: No      |
| Roche Holding AG                                        | Roche Holding AG                                                                  | CUSIP: 000000000<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |      9635 | NS      | $3845240.27   | 0.26%             |  |  |  | No            | 2                  | On Loan: No      |
| ROMANIA                                                 | Romanian Government International Bond                                            | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    120000 | PA      | $129426.33    | 0.01%             | 2033-03-04      | Fixed         | 4.63%                 | No            | 2                  | On Loan: No      |
| STELLANTIS NV                                           | Stellantis NV                                                                     | CUSIP: 000000000<br>LEI: 549300LKT9PW7ZIBDF31 | Long             | DBT              | CORP              | NL        |    275000 | PA      | $299631.06    | 0.02%             | 2033-12-16      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| STELLANTIS NV                                           | Stellantis NV                                                                     | CUSIP: 000000000<br>LEI: 549300LKT9PW7ZIBDF31 | Long             | DBT              | CORP              | NL        |    250000 | PA      | $316225.34    | 0.02%             | 2032-06-16      | Fixed         | 8.25%                 | No            | 2                  | On Loan: No      |
| OAK-EAGLE ACQUIRECO INC                                 | OAK-Eagle Acquireco Inc                                                           | CUSIP: 000000000<br>LEI: 6488ICS9P20290MA1H31 | Long             | DBT              | CORP              | US        |    356000 | PA      | $420291.23    | 0.03%             | 2033-07-01      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | 3 MONTH SOFR FUT DEC27                                                            | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |        88 | NC      | $-21984.64    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Mercantile Exchange                             | S+P500 EMINI FUT JUN26                                                            | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |      -545 | NC      | $4598810.44   | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Osaka Exchange                                          | NIKKEI 225 (OSE) JUN26                                                            | CUSIP: 000000000<br>LEI: 3538001249AILNPRUX57 | N/A              | DE               |  | JP        |        48 | NC      | $-412047.61   | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| Eurex Deutschland                                       | EURO STOXX 50 JUN26                                                               | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DE               |  | DE        |      -245 | NC      | $411712.81    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Korea Exchange (Futures Market)                         | KOSPI2 INX FUT JUN26                                                              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | KR        |        52 | NC      | $-668759.18   | -0.04%            |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Mercantile Exchange                             | 3 MONTH SOFR FUT DEC28                                                            | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |        88 | NC      | $4437.20      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Mercantile Exchange                             | NASDAQ 100 E-MINI JUN26                                                           | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |      -147 | NC      | $2874859.77   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Mercantile Exchange                             | E-MINI RUSS 2000 JUN26                                                            | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |        68 | NC      | $-34090.11    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | NVIDIA CORP                                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -76 | NC      | $-68970.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | BROADCOM INC                                                                      | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -48 | NC      | $-121200.00   | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Eurex Deutschland                                       | EURO-BOBL FUTURE JUN26                                                            | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              |  | DE        |       302 | NC      | $-604447.55   | -0.04%            |  |  |  | No            | 1                  | On Loan: No      |
| Eurex Deutschland                                       | EURO-BUND FUTURE JUN26                                                            | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              |  | DE        |        22 | NC      | $-65118.34    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Eurex Deutschland                                       | EURO-OAT FUTURE JUN26                                                             | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              |  | DE        |        -7 | NC      | $23907.91     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Eurex Deutschland                                       | EURO-BTP FUTURE JUN26                                                             | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              |  | DE        |       -18 | NC      | $83342.85     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Eurex Deutschland                                       | EURO-SCHATZ FUT JUN26                                                             | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              |  | DE        |        40 | NC      | $-41417.35    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Eurex Deutschland                                       | SHORT EURO-BTP FU JUN26                                                           | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              |  | DE        |       104 | NC      | $-116057.22   | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Eurex Deutschland                                       | EURO-BUXL 30Y BND JUN26                                                           | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              |  | DE        |       -19 | NC      | $28970.72     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Board of Trade                                  | US LONG BOND(CBT) JUN26                                                           | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       170 | NC      | $-573992.08   | -0.04%            |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Board of Trade                                  | US ULTRA BOND CBT JUN26                                                           | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       171 | NC      | $-332097.60   | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Board of Trade                                  | US 10YR NOTE (CBT)JUN26                                                           | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      -762 | NC      | $1469742.55   | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| ASX Clear (Futures)                                     | AUST 10Y BOND FUT JUN26                                                           | CUSIP: 000000000<br>LEI: 549300ZD7BBOVZFVHK49 | N/A              | DIR              |  | AU        |        51 | NC      | $-37126.29    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| The Montreal Exchange/Bourse De Montreal                | CAN 10YR BOND FUT JUN26                                                           | CUSIP: 000000000<br>LEI: 549300DKBYNOI0B1NP44 | N/A              | DIR              |  | CA        |        22 | NC      | $-38170.86    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Eurex Deutschland                                       | EURO STOXX BANK JUN26                                                             | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DE               |  | DE        |       192 | NC      | $-74415.88    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Board of Trade                                  | US 5YR NOTE (CBT) JUN26                                                           | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      -760 | NC      | $178760.80    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Board of Trade                                  | US 2YR NOTE (CBT) JUN26                                                           | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      1656 | NC      | $-1468329.60  | -0.10%            |  |  |  | No            | 1                  | On Loan: No      |
| ICE Futures Europe - Financial Products Division        | LONG GILT FUTURE JUN26                                                            | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DIR              |  | GB        |        26 | NC      | $-171584.55   | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Board of Trade                                  | US 10YR ULTRA FUT JUN26                                                           | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |     -1543 | NC      | $3440866.35   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | SPDR GOLD SHARES                                                                  | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       752 | NC      | $141084.37    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | STATE STREET SPDR S+P 500 ETF                                                     | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -166 | NC      | $-260980.15   | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | AMAZON.COM INC                                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -108 | NC      | $-44550.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | TESLA INC                                                                         | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -37 | NC      | $-33207.50    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | ALPHABET INC                                                                      | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -48 | NC      | $-25560.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | BROADCOM INC                                                                      | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -46 | NC      | $-16560.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | SPDR GOLD SHARES                                                                  | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -940 | NC      | $-17061.85    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | SPDR GOLD SHARES                                                                  | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       940 | NC      | $31836.77     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | WALT DISNEY CO/THE                                                                | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -232 | NC      | $-38976.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | WALT DISNEY CO/THE                                                                | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       232 | NC      | $2088.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | STATE STREET SPDR S+P 500 ETF                                                     | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -192 | NC      | $-158062.56   | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | APOLLO GLOBAL MANAGEMENT INC                                                      | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -219 | NC      | $-152205.00   | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | UNITED AIRLINES HOLDINGS INC                                                      | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       185 | NC      | $32837.50     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | UNITED AIRLINES HOLDINGS INC                                                      | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -185 | NC      | $-232637.50   | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | DELTA AIR LINES INC                                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -371 | NC      | $-8904.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | DELTA AIR LINES INC                                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -371 | NC      | $-108146.50   | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | DELTA AIR LINES INC                                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       371 | NC      | $31720.50     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | UBER TECHNOLOGIES INC                                                             | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -104 | NC      | $-9984.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | BOSTON SCIENTIFIC CORP                                                            | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -99 | NC      | $-47025.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | APOLLO GLOBAL MANAGEMENT INC                                                      | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -59 | NC      | $-30090.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | HOME DEPOT INC/THE                                                                | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -20 | NC      | $-23150.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | GENERAL ELECTRIC CO                                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -26 | NC      | $-19695.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | ALPHABET INC                                                                      | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -39 | NC      | $-25545.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | DELTA AIR LINES INC                                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -114 | NC      | $-26448.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | BOSTON SCIENTIFIC CORP                                                            | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -102 | NC      | $-128010.00   | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | BOSTON SCIENTIFIC CORP                                                            | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -102 | NC      | $-84150.00    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | JPMORGAN CHASE + CO                                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -25 | NC      | $-13687.50    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | ELI LILLY + CO                                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        -7 | NC      | $-41510.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | FREEPORT-MCMORAN INC                                                              | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -126 | NC      | $-18522.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | CAPITAL ONE FINANCIAL CORP                                                        | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -35 | NC      | $-62475.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | UNITED AIRLINES HOLDINGS INC                                                      | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -73 | NC      | $-43435.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | GOLDMAN SACHS GROUP INC/THE                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        -8 | NC      | $-14420.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | APPLE INC                                                                         | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -44 | NC      | $-19690.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | ABBVIE INC                                                                        | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -36 | NC      | $-6822.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | HILTON WORLDWIDE HOLDINGS INC                                                     | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -26 | NC      | $-12870.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | WALMART INC                                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -61 | NC      | $-6130.50     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | CAMECO CORP                                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | CA        |       -70 | NC      | $-20160.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | COSTCO WHOLESALE CORP                                                             | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        -8 | NC      | $-2700.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | INTUITIVE SURGICAL INC                                                            | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -17 | NC      | $-11730.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | EXXON MOBIL CORP                                                                  | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -54 | NC      | $-1998.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | CISCO SYSTEMS INC                                                                 | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -96 | NC      | $-19824.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | VERTEX PHARMACEUTICALS INC                                                        | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -17 | NC      | $-11560.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | TESLA INC                                                                         | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -19 | NC      | $-13347.50    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | MONGODB INC                                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -24 | NC      | $-50640.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | MERCADOLIBRE INC                                                                  | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        -4 | NC      | $-39120.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | FIFTH THIRD BANCORP                                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -143 | NC      | $-23952.50    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | WALT DISNEY CO/THE                                                                | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -73 | NC      | $-28287.50    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | META PLATFORMS INC                                                                | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -12 | NC      | $-39840.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | DR HORTON INC                                                                     | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -49 | NC      | $-35525.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | MICROSOFT CORP                                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -24 | NC      | $-23400.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | LAM RESEARCH CORP                                                                 | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -38 | NC      | $-23655.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | CRH PLC                                                                           | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | IE        |       -65 | NC      | $-35425.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | EDWARDS LIFESCIENCES CORP                                                         | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -97 | NC      | $-10912.50    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | CITIGROUP INC                                                                     | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -66 | NC      | $-14619.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | WELLS FARGO + CO                                                                  | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -84 | NC      | $-36540.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | BANK OF AMERICA CORP                                                              | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -141 | NC      | $-20656.50    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | AMAZON.COM INC                                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       277 | NC      | $92102.50     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | META PLATFORMS INC                                                                | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |         6 | NC      | $1308.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | ISHARES EXPANDED TECH-SOFTWARE                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       210 | NC      | $2837.16      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | ESTEE LAUDER COS INC/THE                                                          | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -184 | NC      | $-299000.00   | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | LOWE'S COS INC                                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        17 | NC      | $204.00       | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | LOWE'S COS INC                                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -17 | NC      | $-40885.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | HOME DEPOT INC/THE                                                                | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        10 | NC      | $105.00       | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | HOME DEPOT INC/THE                                                                | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -10 | NC      | $-27050.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | NVIDIA CORP                                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -138 | NC      | $-64170.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| ASX Clear (Futures)                                     | AUST 3YR BOND FUT JUN26                                                           | CUSIP: 000000000<br>LEI: 549300ZD7BBOVZFVHK49 | N/A              | DIR              |  | AU        |       242 | NC      | $-89974.02    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Euronext NV                                             | ESSILORLUXOTTICA SA                                                               | CUSIP: 000000000<br>LEI: 724500QJ4QSZ3H9QU415 | N/A              | DE               |  | FR        |        16 | NC      | $277.40       | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Euronext NV                                             | ESSILORLUXOTTICA SA                                                               | CUSIP: 000000000<br>LEI: 724500QJ4QSZ3H9QU415 | N/A              | DE               |  | FR        |       -14 | NC      | $-66823.17    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | VERTIV HOLDINGS CO                                                                | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       227 | NC      | $208840.00    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | VERTIV HOLDINGS CO                                                                | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -227 | NC      | $-12825.50    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | GE VERNOVA INC                                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -36 | NC      | $-59760.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | NVIDIA CORP                                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       317 | NC      | $336812.50    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | NVIDIA CORP                                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -317 | NC      | $-92564.00    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | GE VERNOVA INC                                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        36 | NC      | $282060.00    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | NVIDIA CORP                                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -317 | NC      | $-81627.50    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | GE VERNOVA INC                                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -30 | NC      | $-69750.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | WALMART INC                                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       127 | NC      | $40322.50     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | WALMART INC                                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -127 | NC      | $-889.00      | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Osaka Exchange                                          | JPN 10Y BOND(OSE) JUN26                                                           | CUSIP: 000000000<br>LEI: 3538001249AILNPRUX57 | N/A              | DIR              |  | JP        |       -14 | NC      | $146403.89    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | CAMECO CORP                                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | CA        |       -91 | NC      | $-37082.50    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | UNITED AIRLINES HOLDINGS INC                                                      | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        13 | NC      | $559.00       | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | UNITED AIRLINES HOLDINGS INC                                                      | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -13 | NC      | $-9425.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | WILLIAMS COS INC/THE                                                              | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -128 | NC      | $-2560.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | WILLIAMS COS INC/THE                                                              | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        65 | NC      | $6175.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | VERTIV HOLDINGS CO                                                                | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -18 | NC      | $-4005.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | INVESCO QQQ TRUST SERIES 1                                                        | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -29 | NC      | $-18960.10    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Euronext NV                                             | SAFRAN SA                                                                         | CUSIP: 000000000<br>LEI: 724500QJ4QSZ3H9QU415 | N/A              | DE               |  | FR        |       -14 | NC      | $-517.82      | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Euronext NV                                             | SAFRAN SA                                                                         | CUSIP: 000000000<br>LEI: 724500QJ4QSZ3H9QU415 | N/A              | DE               |  | FR        |        14 | NC      | $250.82       | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Euronext NV                                             | SAFRAN SA                                                                         | CUSIP: 000000000<br>LEI: 724500QJ4QSZ3H9QU415 | N/A              | DE               |  | FR        |       -14 | NC      | $-52235.18    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | NETFLIX INC                                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        32 | NC      | $6912.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | ISHARES MSCI EMERGING MARKETS                                                     | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -541 | NC      | $-66.38       | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | NVIDIA CORP                                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       363 | NC      | $621637.50    | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | ISHARES MSCI EMERGING MARKETS                                                     | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -541 | NC      | $-158476.37   | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | ISHARES MSCI EMERGING MARKETS                                                     | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       541 | NC      | $1398.54      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | NVIDIA CORP                                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -544 | NC      | $-212160.00   | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | STATE STREET SPDR S+P 500 ETF                                                     | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -355 | NC      | $-347965.68   | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | SPDR GOLD SHARES                                                                  | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |     -1270 | NC      | $-96012.00    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | SPDR GOLD SHARES                                                                  | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -726 | NC      | $-1242077.32  | -0.08%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | SPDR GOLD SHARES                                                                  | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      1270 | NC      | $501366.54    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | CITIZENS FINANCIAL GROUP INC                                                      | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -58 | NC      | $-5945.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | CITIZENS FINANCIAL GROUP INC                                                      | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        58 | NC      | $2030.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | MICRON TECHNOLOGY INC                                                             | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -68 | NC      | $-57460.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | MICRON TECHNOLOGY INC                                                             | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        45 | NC      | $260325.00    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | ISHARES EXPANDED TECH-SOFTWARE                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       452 | NC      | $81548.94     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Eurex Deutschland                                       | ASML HOLDING NV                                                                   | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DE               |  | NL        |       -34 | NC      | $-130177.63   | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Eurex Deutschland                                       | ASML HOLDING NV                                                                   | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DE               |  | NL        |        23 | NC      | $281331.05    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Eurex Deutschland                                       | ASML HOLDING NV                                                                   | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DE               |  | NL        |       -34 | NC      | $-54232.49    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | STATE STREET SPDR S+P 500 ETF                                                     | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       171 | NC      | $1902.82      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | STATE STREET SPDR S+P 500 ETF                                                     | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -144 | NC      | $-178398.16   | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | ISHARES EXPANDED TECH-SOFTWARE                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -412 | NC      | $-22237.21    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | ISHARES EXPANDED TECH-SOFTWARE                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -452 | NC      | $-53623.43    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | ROCKWELL AUTOMATION INC                                                           | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -69 | NC      | $-58995.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | STATE STREET SPDR S+P 500 ETF                                                     | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -52 | NC      | $-67688.60    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | ISHARES EXPANDED TECH-SOFTWARE                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -210 | NC      | $-61212.10    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | MCKESSON CORP                                                                     | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        -3 | NC      | $-6975.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | AMAZON.COM INC                                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        33 | NC      | $9883.50      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | MICROSOFT CORP                                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        33 | NC      | $4125.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | AMAZON.COM INC                                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -33 | NC      | $-16170.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | ELI LILLY + CO                                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |         7 | NC      | $5880.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | MASTERCARD INC                                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        -6 | NC      | $-4395.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | MICROSOFT CORP                                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -33 | NC      | $-39187.50    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | WALMART INC                                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -49 | NC      | $-10731.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | APPLE INC                                                                         | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        60 | NC      | $16650.00     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | BROADCOM INC                                                                      | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        18 | NC      | $3798.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | PALANTIR TECHNOLOGIES INC                                                         | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        20 | NC      | $10650.00     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | WALT DISNEY CO/THE                                                                | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -30 | NC      | $-5760.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | PHILIP MORRIS INTERNATIONAL IN                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -18 | NC      | $-4365.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | GE VERNOVA INC                                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |         4 | NC      | $17940.00     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | VERTIV HOLDINGS CO                                                                | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -11 | NC      | $-18452.50    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | BOEING CO/THE                                                                     | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -14 | NC      | $-9030.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | NETFLIX INC                                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -32 | NC      | $-5440.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | MASTERCARD INC                                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |         6 | NC      | $2100.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | ABBVIE INC                                                                        | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        13 | NC      | $1053.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | ELI LILLY + CO                                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        -7 | NC      | $-28367.50    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | APPLE INC                                                                         | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -60 | NC      | $-23850.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | MONGODB INC                                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        11 | NC      | $4730.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | JPMORGAN CHASE + CO                                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -11 | NC      | $-4235.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | TRANE TECHNOLOGIES PLC                                                            | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | IE        |         7 | NC      | $2607.50      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | MCKESSON CORP                                                                     | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |         3 | NC      | $1410.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | LAM RESEARCH CORP                                                                 | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        14 | NC      | $14280.00     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | TRANE TECHNOLOGIES PLC                                                            | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | IE        |        -7 | NC      | $-6125.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | MONGODB INC                                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -11 | NC      | $-17325.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | JPMORGAN CHASE + CO                                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        11 | NC      | $4867.50      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | LAM RESEARCH CORP                                                                 | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -14 | NC      | $-12740.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | INTUITIVE SURGICAL INC                                                            | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        -6 | NC      | $-9000.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | ABBVIE INC                                                                        | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -13 | NC      | $-6305.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | INTUITIVE SURGICAL INC                                                            | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |         6 | NC      | $2430.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | WALMART INC                                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        49 | NC      | $5463.50      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | MICRON TECHNOLOGY INC                                                             | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        -8 | NC      | $-25960.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | ORACLE CORP                                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        19 | NC      | $3144.50      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | GENERAL ELECTRIC CO                                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        -9 | NC      | $-9900.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | ORACLE CORP                                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -19 | NC      | $-15865.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | BROADCOM INC                                                                      | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -18 | NC      | $-27765.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | PALANTIR TECHNOLOGIES INC                                                         | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -20 | NC      | $-12700.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | GE VERNOVA INC                                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -14 | NC      | $-37450.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | BOEING CO/THE                                                                     | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        14 | NC      | $2177.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | CSX CORP                                                                          | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -76 | NC      | $-4370.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | WALT DISNEY CO/THE                                                                | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        30 | NC      | $2430.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | CAMECO CORP                                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | CA        |       -27 | NC      | $-14917.50    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | GENERAL ELECTRIC CO                                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |         9 | NC      | $1143.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | MICRON TECHNOLOGY INC                                                             | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |         8 | NC      | $3660.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | HONEYWELL INTERNATIONAL INC                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -13 | NC      | $-4485.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | META PLATFORMS INC                                                                | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        -6 | NC      | $-18915.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | TESLA INC                                                                         | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        -9 | NC      | $-13882.50    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | VISTRA CORP                                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        19 | NC      | $8217.50      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | CSX CORP                                                                          | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        76 | NC      | $3420.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | HOME DEPOT INC/THE                                                                | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |         9 | NC      | $571.50       | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | THERMO FISHER SCIENTIFIC INC                                                      | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |         6 | NC      | $4620.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | THERMO FISHER SCIENTIFIC INC                                                      | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        -6 | NC      | $-4800.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | EDWARDS LIFESCIENCES CORP                                                         | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        36 | NC      | $1890.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | TESLA INC                                                                         | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |         9 | NC      | $2880.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | NVIDIA CORP                                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -113 | NC      | $-65257.50    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | CATERPILLAR INC                                                                   | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        -4 | NC      | $-7670.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | ALPHABET INC                                                                      | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -59 | NC      | $-48085.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | ALPHABET INC                                                                      | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        59 | NC      | $7050.50      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | PHILIP MORRIS INTERNATIONAL IN                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        18 | NC      | $3285.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | HOME DEPOT INC/THE                                                                | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        -9 | NC      | $-7942.50     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | CAMECO CORP                                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | CA        |        27 | NC      | $9720.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | CISCO SYSTEMS INC                                                                 | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -39 | NC      | $-4719.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | VERTIV HOLDINGS CO                                                                | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        11 | NC      | $8662.50      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | EDWARDS LIFESCIENCES CORP                                                         | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -36 | NC      | $-5760.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | VISTRA CORP                                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -19 | NC      | $-13632.50    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | NVIDIA CORP                                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       113 | NC      | $16441.50     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | HONEYWELL INTERNATIONAL INC                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        13 | NC      | $1170.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | CISCO SYSTEMS INC                                                                 | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        39 | NC      | $4036.50      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | ABBOTT LABORATORIES                                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -28 | NC      | $-7462.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | ABBOTT LABORATORIES                                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        28 | NC      | $686.00       | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | CATERPILLAR INC                                                                   | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |         4 | NC      | $7330.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | MERCK + CO INC                                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        26 | NC      | $5057.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | WELLS FARGO + CO                                                                  | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -40 | NC      | $-5120.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | INTEL CORP                                                                        | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        64 | NC      | $9472.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | BANK OF AMERICA CORP                                                              | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        63 | NC      | $10836.00     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | MERCK + CO INC                                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -26 | NC      | $-4017.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | WELLS FARGO + CO                                                                  | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        40 | NC      | $7500.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | BANK OF AMERICA CORP                                                              | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -63 | NC      | $-4032.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | INTEL CORP                                                                        | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -64 | NC      | $-11296.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Japan Exchange Group                                    | NIKKEI 225                                                                        | CUSIP: 000000000<br>LEI: 353800578ADEGIJTVW07 | N/A              | DE               |  | JP        |        -5 | NC      | $-63640.09    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Japan Exchange Group                                    | NIKKEI 225                                                                        | CUSIP: 000000000<br>LEI: 353800578ADEGIJTVW07 | N/A              | DE               |  | JP        |         5 | NC      | $18587.95     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | NVIDIA CORP                                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -330 | NC      | $-108075.00   | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | INVESCO QQQ TRUST SERIES 1                                                        | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        62 | NC      | $3319.19      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | INVESCO QQQ TRUST SERIES 1                                                        | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -62 | NC      | $-81600.00    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | ELI LILLY + CO                                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -23 | NC      | $-24955.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | ELI LILLY + CO                                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -23 | NC      | $-61410.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | ELI LILLY + CO                                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        23 | NC      | $62330.00     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| National Stock Exchange Of India                        | IFSC NIFTY 50 FUT APR26                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | IN        |        40 | NC      | $-10816.01    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Borsa Italiana SpA                                      | UNICREDIT SPA                                                                     | CUSIP: 000000000<br>LEI: 8156005391EE905D3124 | N/A              | DE               |  | IT        |         9 | NC      | $4668.19      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Borsa Italiana SpA                                      | UNICREDIT SPA                                                                     | CUSIP: 000000000<br>LEI: 8156005391EE905D3124 | N/A              | DE               |  | IT        |        -9 | NC      | $-13133.35    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | ROCKWELL AUTOMATION INC                                                           | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        37 | NC      | $61420.00     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | INVESCO QQQ TRUST SERIES 1                                                        | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       153 | NC      | $4965.66      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | GE VERNOVA INC MAY26 780 PUT                                                      | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        -6 | NC      | $-19770.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | MICRON TECHNOLOGY INC JUN26 270 PUT                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -21 | NC      | $-30765.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | CAMECO CORP JUN26 80 PUT                                                          | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | CA        |      -100 | NC      | $-19800.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | LAM RESEARCH CORP JUN26 165 PUT                                                   | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -47 | NC      | $-36895.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | VERTIV HOLDINGS CO JUN26 200 PUT                                                  | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -31 | NC      | $-32472.50    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | INTEL CORP JUN26 35 PUT                                                           | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -513 | NC      | $-77463.00    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | CHENIERE ENERGY INC                                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -17 | NC      | $-17765.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | VANECK SEMICONDUCTOR ETF                                                          | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -126 | NC      | $-107352.35   | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | CHENIERE ENERGY INC                                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        17 | NC      | $15300.00     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | AMAZON.COM INC                                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -74 | NC      | $-31265.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | BROADCOM INC                                                                      | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -51 | NC      | $-36210.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | TAIWAN SEMICONDUCTOR MANUFACTU                                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | TW        |       -46 | NC      | $-37030.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | ALPHABET INC                                                                      | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -55 | NC      | $-23650.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Options Clearing Corp.                                  | NVIDIA CORP                                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -92 | NC      | $-34500.00    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Leonardo SpA                                            | Leonardo SpA                                                                      | CUSIP: 000000000<br>LEI: 529900X4EEX1U9LN3U39 | Long             | EC               | CORP              | IT        |     11078 | NS      | $753519.40    | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| Arkema SA                                               | Arkema SA                                                                         | CUSIP: 000000000<br>LEI: 9695000EHMS84KKP2785 | Long             | EC               | CORP              | FR        |     20692 | NS      | $1420668.10   | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| TotalEnergies SE                                        | TotalEnergies SE                                                                  | CUSIP: 000000000<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |     20457 | NS      | $1877422.89   | 0.13%             |  |  |  | No            | 2                  | On Loan: No      |
| DSV A/S                                                 | DSV A/S                                                                           | CUSIP: 000000000<br>LEI: 529900X41C0BSLK67H70 | Long             | EC               | CORP              | DK        |     25329 | NS      | $6117158.03   | 0.41%             |  |  |  | No            | 2                  | On Loan: No      |
| CaixaBank SA                                            | CaixaBank SA                                                                      | CUSIP: 000000000<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | EC               | CORP              | ES        |     36670 | NS      | $439587.33    | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| RELX PLC                                                | RELX PLC                                                                          | CUSIP: 000000000<br>LEI: 549300WSX3VBUFFJOO66 | Long             | EC               | CORP              | GB        |    105760 | NS      | $3464946.29   | 0.23%             |  |  |  | No            | 2                  | On Loan: No      |
| Wynn Macau Ltd                                          | Wynn Macau Ltd                                                                    | CUSIP: 000000000<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | EC               | CORP              | KY        |    489085 | NS      | $344245.49    | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| Rolls-Royce Holdings PLC                                | Rolls-Royce Holdings PLC                                                          | CUSIP: 000000000<br>LEI: 213800EC7997ZBLZJH69 | Long             | EC               | CORP              | GB        |    180920 | NS      | $2748613.78   | 0.18%             |  |  |  | No            | 2                  | On Loan: No      |
| Project Montage                                         | Project Montage PIK Term Loan                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1284222 | PA      | $1212048.92   | 0.08%             | 2029-02-16      | Floating      | 9.65%                 | No            | 3                  | On Loan: No      |
| Coreweave Compute Acquisition Co., IV, LLC              | Coreweave Compute Acquisition Co IV LLC 2024 Delayed Draw Term Loan               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    333047 | PA      | $333879.96    | 0.02%             | 2029-05-16      | Floating      | 9.70%                 | No            | 3                  | On Loan: No      |
| AERNNOVA AEROSPACE SAU                                  | Aernnova Aerospace SAU 2024 EUR Term Loan B                                       | CUSIP: 000000000<br>LEI: 95980020140005473208 | Long             | LON              | CORP              | ES        |   1302916 | PA      | $1454832.81   | 0.10%             | 2030-02-27      | Floating      | 6.03%                 | No            | 2                  | On Loan: No      |
| Obol France 3 SAS                                       | Obol France 3 SAS 2024 EUR Term Loan B                                            | CUSIP: 000000000<br>LEI: 969500K3AWY66FOPOS97 | Long             | LON              | CORP              | FR        |    917230 | PA      | $1046483.34   | 0.07%             | 2028-12-31      | Floating      | 7.10%                 | No            | 2                  | On Loan: No      |
| Applegreen Ireland                                      | Applegreen Ireland 2025 EUR Term Loan B                                           | CUSIP: 000000000<br>LEI: 635400OPREBBJDTRR459 | Long             | LON              | CORP              | IE        |    569620 | PA      | $659547.60    | 0.04%             | 2032-01-30      | Floating      | 6.53%                 | No            | 2                  | On Loan: No      |
| Ramsay Generale de Sante SA                             | Ramsay Generale de Sante SA 2025 EUR Term Loan B4                                 | CUSIP: 000000000<br>LEI: 969500I1EJGUAT223F44 | Long             | LON              | CORP              | FR        |    900000 | PA      | $1029602.48   | 0.07%             | 2031-08-13      | Floating      | 5.28%                 | No            | 2                  | On Loan: No      |
| Tackle SARL                                             | Tackle SARL 2025 EUR Repriced Term Loan B2                                        | CUSIP: 000000000<br>LEI: 222100DLH8KKOD63ZQ23 | Long             | LON              | CORP              | LU        |   1226093 | PA      | $1413778.52   | 0.09%             | 2028-05-22      | Floating      | 5.14%                 | No            | 2                  | On Loan: No      |
| CD&R Firefly Bidco Limited                              | CD&R Firefly Bidco Limited 2025 GBP Term Loan                                     | CUSIP: 000000000<br>LEI: 213800OAU5VX61DYZ558 | Long             | LON              | CORP              | GB        |   1000000 | PA      | $1318491.36   | 0.09%             | 2029-04-29      | Floating      | 8.48%                 | No            | 2                  | On Loan: No      |
| TRAVIATA BV                                             | Traviata BV 2025 EUR PIK Term Loan                                                | CUSIP: 000000000<br>LEI: 529900TJUCAM0UQXSF21 | Long             | LON              | CORP              | DE        |   1097836 | PA      | $1048520.37   | 0.07%             | 2033-04-22      | Floating      | 9.96%                 | No            | 3                  | On Loan: No      |
| Garfunkelux Holdco 3 S.A.                               | Garfunkelux Holdco 3 SA EUR Term Loan                                             | CUSIP: 000000000<br>LEI: 2221007QVSNJV7EWBX69 | Long             | LON              | CORP              | LU        |   3515000 | PA      | $3913830.15   | 0.26%             | 2028-08-01      | Floating      | 6.88%                 | No            | 2                  | On Loan: No      |
| Boots Group Bidco Ltd                                   | Boots Group Bidco Ltd GBP Term Loan B                                             | CUSIP: 000000000<br>LEI: 254900Q2CMXV6QWMW891 | Long             | LON              | CORP              | GB        |   1159420 | PA      | $1531202.01   | 0.10%             | 2032-08-30      | Floating      | 8.23%                 | No            | 2                  | On Loan: No      |
| Node AcquiCo GmbH                                       | Node AcquiCo GmbH EUR Term Loan                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | DE        |   1000000 | PA      | $1149516.16   | 0.08%             | 2032-12-08      | Floating      | 5.46%                 | No            | 2                  | On Loan: No      |
| RUNITONETIME LLC                                        | RunItOneTime LLC Roll-Up DIP Term Loan                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     26866 | PA      | $26530.41     | 0.00%             | 2026-04-16      | Floating      | 11.50%                | No            | 3                  | On Loan: No      |
| Indy US Bidco LLC                                       | Indy US Bidco LLC 2025 EUR Term Loan B                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    883922 | PA      | $1006949.03   | 0.07%             | 2030-10-31      | Floating      | 4.64%                 | No            | 2                  | On Loan: No      |
| RUNITONETIME LLC                                        | RunItOneTime LLC 2nd Amendment Final New Money DIP Term Loan                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    317499 | PA      | $317118.23    | 0.02%             | 2026-04-16      | Floating      | 16.17%                | No            | 3                  | On Loan: No      |
| Speed Midco 3 S.a r.l.                                  | Speed Midco 3 Sa rl 2025 EUR Term Loan                                            | CUSIP: 000000000<br>LEI: 2549003UA52U0RYFOG67 | Long             | LON              | CORP              | LU        |   1000000 | PA      | $1117660.93   | 0.07%             | 2032-10-07      | Floating      | 4.85%                 | No            | 2                  | On Loan: No      |
| RUNITONETIME LLC                                        | RunItOneTime LLC 2nd Amendment Roll Up Term Loan                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    550136 | PA      | $543259.72    | 0.04%             | 2026-04-16      | Floating      | 11.50%                | No            | 3                  | On Loan: No      |
| Coreweave Compute Acquisition Co., IV, LLC              | Coreweave Compute Acquisition Co IV LLC 2025 5th Amendment Delayed Draw Term Loan | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    225789 | PA      | $219580.26    | 0.01%             | 2030-09-30      | Floating      | 7.97%                 | No            | 3                  | On Loan: No      |
| NIDDA HEALTHCARE HOLDING AG                             | Nidda Healthcare Holding AG 2025 EUR Repriced Term Loan B                         | CUSIP: 000000000<br>LEI: 549300Q89C4WAO6L0L19 | Long             | LON              | CORP              | DE        |   1439394 | PA      | $1658533.05   | 0.11%             | 2032-12-09      | Floating      | 5.52%                 | No            | 2                  | On Loan: No      |
| GALAXY UNIVERSAL LLC                                    | Galaxy Universal LLC 2025 PIK Term Loan                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  13160923 | PA      | $12289669.62  | 0.82%             | 2028-05-16      | Floating      | 10.05%                | No            | 3                  | On Loan: No      |
| Europa University Education Group, S.L                  | Europa University Education Group SL 2026 EUR Term Loan B                         | CUSIP: 000000000<br>LEI: 2549009PF73QPWLZWG67 | Long             | LON              | CORP              | ES        |    741599 | PA      | $853105.77    | 0.06%             | 2031-12-03      | Floating      | 5.02%                 | No            | 2                  | On Loan: No      |
| AVIV GROUP GMBH                                         | Aviv Group GmbH 2026 EUR Term Loan B                                              | CUSIP: 000000000<br>LEI: 529900ACQ8JBRCMB0082 | Long             | LON              | CORP              | DE        |    288064 | PA      | $313537.12    | 0.02%             | 2032-04-23      | Floating      | 6.10%                 | No            | 2                  | On Loan: No      |
| Redstone Holdco 2 LP                                    | Redstone Holdco 2 LP 2026 Tranche A2 First Out Term Loan                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    264436 | PA      | $198326.66    | 0.01%             | 2030-12-31      | Floating      | 8.92%                 | No            | 2                  | On Loan: No      |
| Redstone Holdco 2 LP                                    | Redstone Holdco 2 LP 2026 Second Out Term Loan                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1091460 | PA      | $402017.38    | 0.03%             | 2030-12-31      | Floating      | 9.17%                 | No            | 2                  | On Loan: No      |
| HESTIAFLOOR 2                                           | Hestiafloor 2 2026 EUR Repriced Term Loan B                                       | CUSIP: 000000000<br>LEI: 969500P2FDMGGWHDLV86 | Long             | LON              | CORP              | FR        |    588236 | PA      | $671182.63    | 0.04%             | 2030-02-27      | Floating      | 5.13%                 | No            | 2                  | On Loan: No      |
| Quimper AB                                              | Quimper AB 2026 EUR Term Loan B                                                   | CUSIP: 000000000<br>LEI: 549300EI2YNCQDXVO313 | Long             | LON              | CORP              | SE        |   1008696 | PA      | $1147107.16   | 0.08%             | 2030-03-31      | Floating      | 4.99%                 | No            | 2                  | On Loan: No      |
| Crescent Midstream Operating LLC                        | CRESCENT MIDSTREAM OPERAT LLC TERM LOAN B                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2865000 | PA      | $2870959.20   | 0.19%             | 2033-02-18      | Floating      | 7.42%                 | No            | 2                  | On Loan: No      |
| REDSTONE HOLDCO 2 LP                                    | Redstone Holdco 2 LP 2026 Tranche A1 First Out Term Loan                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1500000 | PA      | $1309995.00   | 0.09%             | 2030-12-31      | Floating      | 9.14%                 | No            | 2                  | On Loan: No      |
| KERSIA INTERNATIONAL                                    | Kersia International 2026 EUR Term Loan                                           | CUSIP: 000000000<br>LEI: 969500J08NJW6YSO2H50 | Long             | LON              | CORP              | FR        |   1000000 | PA      | $1142268.98   | 0.08%             | 2030-12-18      | Floating      | 5.50%                 | No            | 2                  | On Loan: No      |
| ARGENTO LLC                                             | ARGENTO LLC TERM LOAN A                                                           | CUSIP: 04021RAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1874000 | PA      | $1799040.00   | 0.12%             | 2031-04-30      | Floating      | 7.68%                 | No            | 2                  | On Loan: No      |
| MEDIAN B V                                              | MEDIAN B V 2026 EUR TERM LOAN B                                                   | CUSIP: 000000000<br>LEI: 724500RPUQI0L3Z5NX16 | Long             | LON              | CORP              | NL        |    981818 | PA      | $1115326.75   | 0.07%             | 2030-10-14      | Floating      | 7.39%                 | No            | 2                  | On Loan: No      |
| ELECTRONIC ARTS INC                                     | ELECTRONIC ARTS INC EUR TERM LOAN B                                               | CUSIP: 000000000<br>LEI: 6488ICS9P20290MA1H31 | Long             | LON              | CORP              | US        |   1000000 | PA      | $1143898.73   | 0.08%             | 2033-03-24      | Floating      | 5.66%                 | No            | 2                  | On Loan: No      |
| Redstone Holdco 2 LP                                    | Redstone Holdco 2 LP 2026 PIK Fixed Third Out Term Loan B1                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    148800 | PA      | $49599.50     | 0.00%             | 2030-12-31      | Floating      | 17.75%                | No            | 2                  | On Loan: No      |
| Compass Group PLC                                       | Compass Group PLC                                                                 | CUSIP: 000000000<br>LEI: 2138008M6MH9OZ6U2T68 | Long             | EC               | CORP              | GB        |    133455 | NS      | $3723516.29   | 0.25%             |  |  |  | No            | 2                  | On Loan: No      |
| National Grid PLC                                       | National Grid PLC                                                                 | CUSIP: 000000000<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | EC               | CORP              | GB        |    453162 | NS      | $7649419.43   | 0.51%             |  |  |  | No            | 2                  | On Loan: No      |
| TELENET FINANCE LUX NOTE                                | Telenet Finance Luxembourg Notes Sarl                                             | CUSIP: 000000000<br>LEI: 2138007RI9GLJPCC3E25 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $196262.49    | 0.01%             | 2028-03-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| CLARIANE SE                                             | Clariane SE                                                                       | CUSIP: 000000000<br>LEI: 969500WEPS61H6TJM037 | Long             | DBT              | CORP              | FR        |    247000 | PA      | $168136.67    | 0.01%             | 2027-03-06      | Fixed         | 0.88%                 | No            | 1                  | On Loan: No      |
| DEMIRE REAL ESTATE AG                                   | DEMIRE Deutsche Mittelstand Real Estate AG                                        | CUSIP: 000000000<br>LEI: 391200FHEFGXUKL2BO93 | Long             | DBT              | CORP              | DE        |    352303 | PA      | $372155.63    | 0.02%             | 2027-12-31      | Variable      | 5.00%                 | No            | 2                  | On Loan: No      |
| Tencent Holdings Ltd                                    | Tencent Holdings Ltd                                                              | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |    111683 | NS      | $7044107.91   | 0.47%             |  |  |  | No            | 2                  | On Loan: No      |
| REPUBLIC OF MONTENEGRO                                  | Montenegro Government International Bond                                          | CUSIP: 000000000<br>LEI: 747800V014106FYLL014 | Long             | DBT              | NUSS              | ME        |    186000 | PA      | $209546.26    | 0.01%             | 2027-12-16      | Fixed         | 2.88%                 | No            | 2                  | On Loan: No      |
| THAMES WATER UTILITIES FINANCE PLC                      | Thames Water Utilities Finance PLC                                                | CUSIP: 000000000<br>LEI: 213800ESMPQ4RQ7G8351 | Long             | DBT              | CORP              | GB        |    770000 | PA      | $689804.25    | 0.05%             | 2027-06-19      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| BRACKEN MIDCO ONE                                       | Bracken MidCo1 PLC                                                                | CUSIP: 000000000<br>LEI: 213800AFGHKES7J58805 | Long             | DBT              | CORP              | GB        |    119000 | PA      | $155464.66    | 0.01%             | 2027-11-01      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| Shell PLC                                               | Shell PLC                                                                         | CUSIP: 000000000<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |    227344 | NS      | $10630852.02  | 0.71%             |  |  |  | No            | 2                  | On Loan: No      |
| NEW IMMO HOLDING SA                                     | New Immo Holding SA                                                               | CUSIP: 000000000<br>LEI: 5493007LOTJ0I8E94R81 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $225771.74    | 0.02%             | 2028-12-08      | Fixed         | 4.88%                 | No            | 2                  | On Loan: No      |
| MORGAN STANLEY & CO. INTERNATIONAL                      | FSWP: CNY 2.595000 15-SEP-2026                                                    | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DIR              |  | US        | 157107000 | OU      | $125035.48    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| LCH Ltd.                                                | SWP: EUR 0.020000 26-AUG-2031                                                     | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | XX        |   9317157 | OU      | $1550854.56   | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| LCH Ltd.                                                | SWP: IFS 2.693000 15-AUG-2032                                                     | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DO               |  | XX        |   1425000 | OU      | $17240.63     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| LCH Ltd.                                                | FSWP: OIS 2.340000 19-JAN-2033                                                    | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | XX        |   7414000 | OU      | $-159495.03   | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| LCH Ltd.                                                | FSWP: GBP 3.180000 10-FEB-2028                                                    | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | GB        |  42828500 | OU      | $-596574.80   | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | FSWP: OIS 3.470500 10-MAR-2027                                                    | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |   9910000 | OU      | $-23156.48    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | FSWP: OIS 3.137500 12-MAY-2033                                                    | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  13768825 | OU      | $-381427.45   | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| JP MORGAN CHASE BANK                                    | SWAP/CDSWAP/SCDS: (CS)                                                            | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              |  | XX        |   3700000 | OU      | $-65340.58    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| JP MORGAN CHASE BANK                                    | SWAP/CDSWAP/SCDS: (CS)                                                            | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              |  | XX        |   2160000 | OU      | $-38144.75    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| LCH Ltd.                                                | SWP: GBP 4.860000 20-JUN-2028 SON                                                 | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | GB        |   6480000 | OU      | $167999.87    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| BANK OF AMERICA NA                                      | SWP: OIS 10.120000 04-JAN-2027 BZD                                                | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DIR              |  | US        |  17909747 | OU      | $-411189.20   | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| BNP PARIBAS SA                                          | SWP: OIS 10.122500 04-JAN-2027 BZD                                                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |  17183520 | OU      | $-394185.25   | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| BNP PARIBAS SA                                          | SWP: OIS 10.120000 04-JAN-2027 BZD                                                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |     95905 | OU      | $-2201.88     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| BNP PARIBAS SA                                          | SWP: OIS 10.032500 04-JAN-2027 BZD                                                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |  12634804 | OU      | $-298028.77   | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| BANK OF AMERICA NA                                      | SWP: OIS 9.965000 04-JAN-2027 BZD                                                 | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DIR              |  | US        |  14577981 | OU      | $-342260.80   | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| CITIBANK NA                                             | SWP: OIS 9.950000 04-JAN-2027 BZD                                                 | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DIR              |  | US        |  14190595 | OU      | $-338651.76   | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| JP MORGAN CHASE BANK                                    | SWP: OIS 10.025000 04-JAN-2027 BZD                                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DIR              |  | US        |  14157917 | OU      | $-329963.08   | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| MORGAN STANLEY & CO. INTERNATIONAL                      | SWP: OIS 9.990000 04-JAN-2027 BZD                                                 | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DIR              |  | US        |  14173155 | OU      | $-334014.57   | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| BARCLAYS BANK PLC                                       | SWP: OIS 10.316400 04-JAN-2027 BZD                                                | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DIR              |  | US        |  29050000 | OU      | $-608651.88   | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 4.245000 29-SEP-2043 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |   1466800 | OU      | $-21535.55    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 4.311000 29-SEP-2033 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        | 121626100 | OU      | $4651401.14   | 0.31%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 4.422000 02-OCT-2028 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  81301300 | OU      | $1811250.59   | 0.12%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 4.685000 02-OCT-2026 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        | 115532900 | OU      | $-1010177.41  | -0.07%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 3.299000 23-OCT-2027 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |   7036073 | OU      | $-57024.11    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | FSWP: OIS 4.169300 23-OCT-2026 SOF                                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  19696200 | OU      | $76888.67     | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | FSWP: OIS 4.198500 23-OCT-2027 SOF                                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  10250000 | OU      | $97480.10     | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | FSWP: OIS 4.212000 27-OCT-2026 SOF                                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  39419300 | OU      | $173181.25    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 4.400000 31-OCT-2028 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  13191416 | OU      | $292874.53    | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 4.400000 01-NOV-2033 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  11316932 | OU      | $-504046.17   | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 3.65000 03-NOV-2053 SOF                                                  | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |   5250777 | OU      | $447383.91    | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | FSWP: OIS 4.072500 03-NOV-2027 SOF                                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  19787130 | OU      | $143444.13    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 4.000000 03-NOV-2053 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |   5250777 | OU      | $-136949.14   | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | FSWP: USD 3.270000 05-FEB-2028 SOF                                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  24746900 | OU      | $181921.73    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | FSWP: USD 3.870000 05-FEB-2028 SOF                                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  24746900 | OU      | $105876.50    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | FSWP: OIS 3.952300 03-NOV-2027 SOF                                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |   4880425 | OU      | $23934.25     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | FSWP: OIS 3.922300 03-NOV-2027 SOF                                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |   4880425 | OU      | $21077.58     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | FSWP: OIS 3.987300 03-NOV-2027 SOF                                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |   9760850 | OU      | $54534.08     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | FSWP: OIS 3.864300 10-NOV-2027 SOF                                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  20266800 | OU      | $66607.50     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| LCH Ltd.                                                | SWP: GBP 4.122440 17-NOV-2028 SON                                                 | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | GB        |   6090535 | OU      | $-12100.22    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| LCH Ltd.                                                | SWP: GBP 4.123300 21-NOV-2028 SON                                                 | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | GB        |   6085000 | OU      | $-11956.75    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | FSWP: OIS 3.460130 15-DEC-2036 SOF                                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |   4852643 | OU      | $183818.17    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | FSWP: OIS 3.250130 15-DEC-2028 SOF                                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  21231788 | OU      | $-117159.30   | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 4.000000 12-JAN-2034 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |   9940000 | OU      | $159527.65    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 4.000000 17-JAN-2034 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |   2862750 | OU      | $45720.75     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| DEUTSCHE BANK AG                                        | SWAP/CDSWAP/SCDS: (BA)                                                            | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DCR              |  | US        |    800000 | OU      | $-11023.25    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | FSWP: OIS 3.481000 23-JAN-2028                                                    | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  27288744 | OU      | $-91778.93    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: USD 3.995900 26-JAN-2028 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  24492745 | OU      | $162244.13    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: USD 3.4459 26-JAN-2028 SOF                                                   | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  24492745 | OU      | $98439.01     | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | FSWP: USD 4.1485 30-MAY-2027 SOF                                                  | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  30152868 | OU      | $161845.56    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| LCH Ltd.                                                | SWP: EUR 3.000000 05-MAR-2029 EUR                                                 | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  15660022 | OU      | $114854.77    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| LCH Ltd.                                                | FSWP: OIS 6.336374 20-MAR-2027 INR                                                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        | 203365371 | OU      | $5185.44      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| LCH Ltd.                                                | FSWP: OIS 6.300000 20-MAR-2029 INR                                                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  76914964 | OU      | $-5968.89     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| LCH Ltd.                                                | FSWP: OIS 6.262000 20-MAR-2029 INR                                                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  62930425 | OU      | $-5551.87     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| LCH Ltd.                                                | FSWP: OIS 6.337000 20-MAR-2034 INR                                                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  25865376 | OU      | $-9708.62     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| LCH Ltd.                                                | FSWP: OIS 6.347000 20-MAR-2034 INR                                                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  25865376 | OU      | $-9546.01     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 3.790000 29-MAR-2029 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  35313143 | OU      | $204669.98    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 4.00000 08-APR-2029 SOF                                                  | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  21208316 | OU      | $218461.24    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 4.400000 08-APR-2026 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  43825033 | OU      | $113067.35    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 4.052000 09-APR-2029 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  16044184 | OU      | $196385.66    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 4.450000 09-APR-2026 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  16044184 | OU      | $49888.37     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| LG Electronics India Ltd                                | LG Electronics India Ltd                                                          | CUSIP: 000000000<br>LEI: 3358001R8E6IU2XJFQ88 | Long             | EC               | CORP              | IN        |     32166 | NS      | $495861.33    | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| ATOS SE                                                 | Atos SE                                                                           | CUSIP: 000000000<br>LEI: 5493001EZOOA66PTBR68 | Long             | SN               | CORP              | FR        |    208040 | PA      | $271097.02    | 0.02%             | 2029-12-18      | Variable      | 9.36%                 | No            | 2                  | On Loan: No      |
| VONOVIA SE                                              | Vonovia SE                                                                        | CUSIP: 000000000<br>LEI: 5299005A2ZEP6AP7KM81 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $109474.45    | 0.01%             | 2032-05-20      | Fixed         | 0.88%                 | No            | 1                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 4.000000 18-APR-2029 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  25216354 | OU      | $264969.87    | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 4.050000 18-APR-2026 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  25216354 | OU      | $-19590.21    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 4.000000 24-APR-2029 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  12603836 | OU      | $134336.43    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 4.300000 24-APR-2026 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  30249206 | OU      | $56762.67     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| LCH Ltd.                                                | SWP: EUR 2.900000 30-APR-2029 EUR                                                 | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  17652653 | OU      | $398655.44    | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 4.000000 06-MAY-2029 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  25231100 | OU      | $276212.06    | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 4.500000 08-MAY-2026 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  25254000 | OU      | $105488.46    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| JP MORGAN CHASE BANK                                    | SWAP/CDSWAP/SCDS: (BA)                                                            | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              |  | US        |    800000 | OU      | $-11829.77    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | FSWP: USD 4.098500 30-MAY-2027 SOF                                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  30152868 | OU      | $132044.10    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| LCH Ltd.                                                | SWP: EUR 2.870000 11-JUN-2029 EUR                                                 | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  12873713 | OU      | $259494.84    | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 4.350000 22-JUL-2026 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  11266808 | OU      | $45535.59     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| GOLDMAN SACHS INTERNATIONAL                             | SWAP/CDSWAP/SCDS: (TITIM)                                                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DCR              |  | DE        |    190000 | OU      | $-1657.37     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 3.660000 10-OCT-2029 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  12615468 | OU      | $17799.46     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 3.660000 10-OCT-2034 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |   8495750 | OU      | $-99809.51    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 4.000000 28-OCT-2026 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  39746816 | OU      | $91438.82     | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 3.650000 02-NOV-2054 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  31109500 | OU      | $2659719.43   | 0.18%             |  |  |  | No            | 2                  | On Loan: No      |
| LCH Ltd.                                                | SWP: GBP 4.095000 07-NOV-2054 SON                                                 | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   2400000 | OU      | $-347467.48   | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | FSWP: OIS 9.040000 14-NOV-2029 TII                                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  81547600 | OU      | $156903.05    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 3.670000 26-DEC-2034 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  13998101 | OU      | $-155094.87   | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 3.700000 06-JAN-2035 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  10993000 | OU      | $-97677.89    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 4.070000 14-JAN-2027 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  36165000 | OU      | $126345.54    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| LCH Ltd.                                                | SWP: GBP 4.000000 16-JAN-2030 SON                                                 | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   6749100 | OU      | $-56543.56    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 4.000000 23-JAN-2030 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  13498200 | OU      | $204059.23    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| BNP PARIBAS SA                                          | SWAP/CDSWAP/CDS: (ITRAXX.XO.42.V2 20-35%)                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | DE        |    662000 | OU      | $80062.35     | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 3.225000 19-FEB-2030 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  14200344 | OU      | $-195649.69   | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 3.900000 24-FEB-2030 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  12058170 | OU      | $137514.61    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 3.750000 27-MAR-2035 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  10876000 | OU      | $-58841.33    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| LCH Ltd.                                                | SWP: EUR 2.200000 04-JUN-2030 EUR                                                 | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   2989315 | OU      | $-50027.94    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| BANK OF AMERICA NA                                      | SWP: OIS 13.115000 02-JAN-2029 BZD                                                | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DIR              |  | US        |  29258759 | OU      | $-155263.86   | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| BARCLAYS BANK PLC                                       | SWP: OIS 13.000000 02-JAN-2029 BZD                                                | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DIR              |  | US        |  11207158 | OU      | $-68070.53    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| BANK OF AMERICA NA                                      | SWP: OIS 13.000000 02-JAN-2029 BZD                                                | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DIR              |  | US        |   7284652 | OU      | $-44245.84    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| BANK OF AMERICA NA                                      | SWP: OIS 12.945000 02-JAN-2029 BZD                                                | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DIR              |  | US        |   6259431 | OU      | $-40311.43    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 3.750000 09-JUL-2035 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |   5391854 | OU      | $-48159.55    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | SWP: OIS 3.500000 20-AUG-2028 SOF                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  22531815 | OU      | $-122421.64   | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| BNP PARIBAS SA                                          | SWAP/CDSWAP/CDS: (ITRAXX.XO.42 10-20%)                                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | DE        |    290000 | OU      | $2177.55      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| BNP PARIBAS SA                                          | SWAP/CDSWAP/CDS: (ITRAXX.XO.42 10-20%)                                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | DE        |    290000 | OU      | $2177.55      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| BNP PARIBAS SA                                          | SWAP/CDSWAP/SCDS: (ETLFP)                                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | DE        |    143000 | OU      | $23806.00     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| DEUTSCHE BANK AG                                        | SWAP/CDSWAP/SCDS: (ZFFNGR)                                                        | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DCR              |  | DE        |    145000 | OU      | $10868.26     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| JP MORGAN CHASE BANK                                    | SWAP/CDSWAP/SCDS: (VST)                                                           | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              |  | US        |     80000 | OU      | $13423.73     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| JP MORGAN CHASE BANK                                    | SWAP/CDSWAP/SCDS: (ETLFP)                                                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              |  | DE        |    190541 | OU      | $31720.41     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| JP MORGAN CHASE BANK                                    | SWAP/CDSWAP/SCDS: (EOFP)                                                          | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              |  | DE        |    103000 | OU      | $9872.74      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| JP MORGAN CHASE BANK                                    | SWAP/CDSWAP/SCDS: (SFRFP)                                                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              |  | DE        |    332000 | OU      | $12651.38     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| LCH Ltd.                                                | SWP: GBP 4.450000 04-DEC-2055 SON                                                 | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   2108000 | OU      | $-148846.30   | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | FSWP: OIS 3.228000 11-DEC-2027 SOF                                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  32850000 | OU      | $-122798.91   | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| DEUTSCHE BANK AG                                        | SWAP/CDSWAP/SCDS: (ZIGGO)                                                         | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DCR              |  | DE        |    169000 | OU      | $-5401.86     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| MORGAN STANLEY & CO. INTERNATIONAL                      | SWAP/CDSWAP/SCDS: (SFRFP)                                                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DCR              |  | DE        |    105000 | OU      | $4001.19      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| JP MORGAN CHASE BANK                                    | SWAP/CDSWAP/SCDS: (VMED)                                                          | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              |  | DE        |    148000 | OU      | $8953.70      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| MORGAN STANLEY & CO. INTERNATIONAL                      | SWAP/CDSWAP/SCDS: (SFRFP)                                                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DCR              |  | DE        |     82000 | OU      | $4126.29      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| GOLDMAN SACHS INTERNATIONAL                             | SWAP/CDSWAP/SCDS: (VMED)                                                          | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DCR              |  | DE        |     90000 | OU      | $5444.80      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| JP MORGAN CHASE BANK                                    | TRSWAP: MSFT US EQUITY                                                            | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | US        |    226455 | OU      | $-12374.74    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| JP MORGAN CHASE BANK                                    | SWAP/CDSWAP/SCDS: (SFRFP)                                                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              |  | DE        |    130000 | OU      | $6541.67      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| CITIBANK NA                                             | SWAP/TRSWAP/TRSWAP: RHM DE EQUITY                                                 | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | DE        |    843920 | OU      | $-40050.38    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| CITIBANK NA                                             | TRSWAP: HYG US EQUITY                                                             | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | US        |   2636559 | OU      | $22892.17     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| BNP PARIBAS SA                                          | TRSWAP: HYG US EQUITY                                                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |   4214328 | OU      | $31181.24     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| MORGAN STANLEY & CO. INTERNATIONAL                      | TRSWAP: HYG US EQUITY                                                             | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DE               |  | US        |   1799060 | OU      | $13270.01     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| BNP PARIBAS SA                                          | TRSWAP: USHY US EQUITY                                                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |   2361909 | OU      | $17116.89     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| JP MORGAN CHASE BANK                                    | TRSWAP: HYG US EQUITY                                                             | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | US        |   2279762 | OU      | $16810.65     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| LCH Ltd.                                                | SWP: OIS 2.887500 30-MAR-2056 FTO                                                 | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        | 139858571 | OU      | $-23222.45    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| LCH Ltd.                                                | SWP: OIS 1.318500 30-MAR-2028 FTO                                                 | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        | 491225715 | OU      | $2186.14      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| LCH Ltd.                                                | SWP: OIS 1.316250 30-MAR-2028 FTO                                                 | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        | 483501849 | OU      | $2286.65      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| LCH Ltd.                                                | SWP: OIS 2.865000 30-MAR-2056 FTO                                                 | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        | 138799325 | OU      | $-27044.40    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| LCH Ltd.                                                | SWP: OIS 1.336000 30-MAR-2028 FTO                                                 | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        | 486151439 | OU      | $1108.52      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| LCH Ltd.                                                | SWP: OIS 2.881000 30-MAR-2056 FTO                                                 | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        | 138956928 | OU      | $-24229.00    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| LCH Ltd.                                                | SWP: OIS 1.386000 30-MAR-2028 FTO                                                 | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        | 486378878 | OU      | $-1906.73     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| LCH Ltd.                                                | SWP: OIS 2.945000 30-MAR-2056 FTO                                                 | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        | 138698865 | OU      | $-12820.66    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| LCH Ltd.                                                | SWP: OIS 2.980000 30-MAR-2056 FTO                                                 | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        | 163477311 | OU      | $-7786.58     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| LCH Ltd.                                                | SWP: OIS 1.380000 30-MAR-2028 FTO                                                 | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        | 448965119 | OU      | $-1426.02     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| UniCredit SpA                                           | UniCredit SpA                                                                     | CUSIP: 000000000<br>LEI: 549300TRUWO2CD2G5692 | Long             | EC               | CORP              | IT        |    155517 | NS      | $11157378.21  | 0.75%             |  |  |  | No            | 2                  | On Loan: No      |
| ING Groep NV                                            | ING Groep NV                                                                      | CUSIP: 000000000<br>LEI: 549300NYKK9MWM7GGW15 | Long             | EC               | CORP              | NL        |    138665 | NS      | $3599281.89   | 0.24%             |  |  |  | No            | 2                  | On Loan: No      |
| SBI Life Insurance Co Ltd                               | SBI Life Insurance Co Ltd                                                         | CUSIP: 000000000<br>LEI: 335800WMVIESQUO95586 | Long             | EC               | CORP              | IN        |     86125 | NS      | $1629145.81   | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| JPMorgan Chase Bank NA                                  | LANXESS AG                                                                        | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | DE        |     33038 | OU      | $-730438.37   | -0.05%            |  |  |  | No            | 2                  | On Loan: No      |
| CRH PLC                                                 | CRH PLC                                                                           | CUSIP: 000000000<br>LEI: 549300MIDJNNTH068E74 | Long             | EC               | CORP              | IE        |     50079 | NS      | $5264304.48   | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Crown PropTech Acquisitions                             | Crown PropTech Acquisitions                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     29568 | NS      | $350085.12    | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| Crown PropTech Acquisitions                             | Crown PropTech Acquisitions                                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | KY        |     44352 | NS      | $2661.12      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| AVIANCA MIDCO 2 PLC                                     | Avianca Midco 2 PLC                                                               | CUSIP: 000000000<br>LEI: 213800AMPX5VKH9AMX10 | Long             | DBT              | CORP              | GB        |     40993 | PA      | $39537.75     | 0.00%             | 2028-12-01      | Fixed         | 9.00%                 | No            | 2                  | On Loan: No      |
| Genius Sports Ltd                                       | Genius Sports Ltd                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | GG        |    140437 | NS      | $622135.91    | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| James Hardie Industries PLC                             | James Hardie Industries PLC                                                       | CUSIP: 000000000<br>LEI: 635400NSGXKTVOO7JU45 | Long             | EC               | CORP              | IE        |      6191 | NS      | $117257.54    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Ineos Finance PLC                                       | Ineos Finance PLC 2024 EUR 1st Lien Term Loan B                                   | CUSIP: 000000000<br>LEI: 2138002D68XDR4LZCG32 | Long             | LON              | CORP              | GB        |   1000000 | PA      | $1024372.26   | 0.07%             | 2031-06-23      | Floating      | 5.39%                 | No            | 2                  | On Loan: No      |
| Lavoro Ltd                                              | Lavoro Ltd                                                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | KY        |     25681 | NS      | $20.54        | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| STUDIO CITY FINANCE LTD                                 | Studio City Finance Ltd                                                           | CUSIP: 000000000<br>LEI: 254900D6R731QAUIG324 | Long             | DBT              | CORP              | VG        |    200000 | PA      | $187474.00    | 0.01%             | 2029-01-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Trane Technologies PLC                                  | Trane Technologies PLC                                                            | CUSIP: 000000000<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |     15268 | NS      | $6362786.32   | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| VEDANTA RESOURCES                                       | Vedanta Resources Finance II PLC                                                  | CUSIP: 000000000<br>LEI: 8945002DGA3BBXO3N634 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $209400.00    | 0.01%             | 2029-09-17      | Fixed         | 10.88%                | No            | 2                  | On Loan: No      |
| ARDAGH GROUP SA                                         | Ardagh Group SA                                                                   | CUSIP: 000000000<br>LEI: 6354006L1NWUUOPYX274 | Long             | DBT              | CORP              | LU        |    304233 | PA      | $319006.25    | 0.02%             | 2030-12-01      | Fixed         | 9.50%                 | No            | 2                  | On Loan: No      |
| Cobham Ultra SeniorCo Sarl                              | Cobham Ultra SeniorCo Sarl EUR Term Loan B                                        | CUSIP: 000000000<br>LEI: 254900L6IKLPZKIC4F32 | Long             | LON              | CORP              | LU        |   1000000 | PA      | $1150799.15   | 0.08%             | 2029-08-06      | Floating      | 5.77%                 | No            | 2                  | On Loan: No      |
| MC BRAZIL DWNSTRM                                       | MC Brazil Downstream Trading SARL                                                 | CUSIP: 000000000<br>LEI: 213800T2A7R9TYNXZI63 | Long             | DBT              | CORP              | LU        |    181234 | PA      | $161986.70    | 0.01%             | 2031-06-30      | Fixed         | 7.25%                 | No            | 2                  | On Loan: No      |
| STENA INTERNATIONAL SA                                  | Stena International SA                                                            | CUSIP: 000000000<br>LEI: 213800A4LTGG4W55QP46 | Long             | DBT              | CORP              | LU        |    300000 | PA      | $303158.70    | 0.02%             | 2031-01-15      | Fixed         | 7.25%                 | No            | 2                  | On Loan: No      |
| MONG DUONG FIN HLDGS BV                                 | Mong Duong Finance Holdings BV                                                    | CUSIP: 000000000<br>LEI: 549300995KGQFMWSV879 | Long             | DBT              | CORP              | NL        |    144845 | PA      | $142355.03    | 0.01%             | 2029-05-07      | Fixed         | 5.13%                 | No            | 2                  | On Loan: No      |
| PROSUS NV                                               | Prosus NV                                                                         | CUSIP: 000000000<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |    303000 | PA      | $202176.75    | 0.01%             | 2050-08-03      | Fixed         | 4.03%                 | No            | 2                  | On Loan: No      |
| GOLDMAN SACHS INTERNATIONAL                             | 2Y RTP 4.300000 20-SEP-2027                                                       | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DIR              |  | US        | -72339000 | OU      | $-281675.77   | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| JP MORGAN CHASE BANK                                    | 10Y RTP 2.940000 23-APR-2026                                                      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DIR              |  | US        | -13198000 | OU      | $-220742.99   | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| BANK OF AMERICA NA                                      | 30Y RTR 3.550000 30-APR-2026                                                      | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DIR              |  | US        |  13607000 | OU      | $2227.87      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| BANK OF AMERICA NA                                      | 30Y RTR 3.250000 30-APR-2026                                                      | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DIR              |  | US        | -13607000 | OU      | $-232.00      | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| NOMURA INTERNATIONAL PLC                                | 2Y RTP 4.000000 08-DEC-2027                                                       | CUSIP: 000000000<br>LEI: DGQCSV2PHVF7I2743539 | N/A              | DIR              |  | US        | -27883548 | OU      | $-164176.66   | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| GOLDMAN SACHS INTERNATIONAL                             | 1Y RTP 3.500000 08-JUN-2026                                                       | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DIR              |  | US        | -66223428 | OU      | $-194566.42   | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| GOLDMAN SACHS INTERNATIONAL                             | 1Y RTR 3.000000 08-JUN-2026                                                       | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DIR              |  | US        |  66223428 | OU      | $18138.60     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| GOLDMAN SACHS INTERNATIONAL                             | 1Y RTR 2.500000 08-JUN-2026                                                       | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DIR              |  | US        | -66223428 | OU      | $-5519.06     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| DEUTSCHE BANK AG                                        | 2Y RTP 4.500000 16-DEC-2027                                                       | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DIR              |  | US        | -42042000 | OU      | $-150705.01   | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| CITIBANK NA                                             | 10Y RTP 4.600000 16-DEC-2026                                                      | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DIR              |  | US        |  -2606000 | OU      | $-18047.88    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| CITIBANK NA                                             | 10Y RTR 3.200000 16-DEC-2026                                                      | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DIR              |  | US        |  -5212000 | OU      | $-27515.09    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| GOLDMAN SACHS INTERNATIONAL                             | 2Y RTP 3.850000 21-OCT-2026                                                       | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DIR              |  | KY        | -60310000 | OU      | $-229439.14   | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| MORGAN STANLEY & CO. INTERNATIONAL                      | 2Y RTP 3.700000 03-AUG-2026                                                       | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DIR              |  | US        | -50890000 | OU      | $-199309.67   | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| MORGAN STANLEY & CO. INTERNATIONAL                      | USD C MXN P @18.05000 EO                                                          | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | KY        |  -3386365 | OU      | $-47175.45    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| BANK OF AMERICA NA                                      | USD C ZAR P @16.74000 EO                                                          | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |  -3388000 | OU      | $-86360.12    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| BARCLAYS BANK PLC                                       | USD P COP C @3520.00 EO                                                           | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | US        |   -846500 | OU      | $-1290.07     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| BARCLAYS BANK PLC                                       | USD C BRL P @5.650000 EO                                                          | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | US        |  -3386365 | OU      | $-9309.12     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| BARCLAYS BANK PLC                                       | USD P BRL C @5.150000 EO                                                          | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | US        |  -3386365 | OU      | $-36261.20    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| BARCLAYS BANK PLC                                       | USD P IDR C @16400.00 EO                                                          | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | US        |  -1270000 | OU      | $-201.93      | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| HSBC BANK PLC                                           | USD P IDR C @16400.00 EO                                                          | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | US        |   1270000 | OU      | $201.93       | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| MORGAN STANLEY & CO. INTERNATIONAL                      | USD P ZAR C @16.30000 EO                                                          | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |  -4106908 | OU      | $-21758.40    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| DEUTSCHE BANK AG                                        | 2Y RTP 3.800000 14-SEP-2026                                                       | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DIR              |  | KY        | -50220000 | OU      | $-187495.37   | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| UBS AG                                                  | USD P MXN C @17.55000 EO                                                          | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |  -4097465 | OU      | $-25654.23    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| JP MORGAN CHASE BANK                                    | MAY26 KOSPI2  P @ 750                                                             | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | US        |       -12 | NC      | $-114868.15   | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| JP MORGAN CHASE BANK                                    | MAY26 KOSPI2  C @ 870                                                             | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | US        |        12 | NC      | $31353.20     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| HSBC BANK PLC                                           | USD C CLP P @905.00 EO                                                            | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | US        |   -820000 | OU      | $-28476.14    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| HSBC BANK PLC                                           | USD P CLP C @905.00 EO                                                            | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | US        |   -820000 | OU      | $-10272.96    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| HSBC BANK PLC                                           | USD C ZAR P @17.50000 EO                                                          | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | KY        |  -1230000 | OU      | $-15062.58    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| DEUTSCHE BANK AG                                        | EUR C MXN P @20.55000 EO                                                          | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DFE              |  | US        |  -1639000 | OU      | $-37968.34    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| DEUTSCHE BANK AG                                        | EUR P MXN C @20.55000 EO                                                          | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DFE              |  | US        |  -1639000 | OU      | $-12497.61    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| JP MORGAN CHASE BANK                                    | ITRAXX.XO.44.V1 5YR RTR @ 300.0000                                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              |  | KY        |  -3209000 | OU      | $-29830.59    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| JP MORGAN CHASE BANK                                    | ITRAXX.XO.44.V1 5YR RTP @ 300.0000                                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              |  | KY        |  -3209000 | OU      | $-83050.13    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| MORGAN STANLEY & CO. INTERNATIONAL                      | SEP26 000660 KS P @ 800000                                                        | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DE               |  | US        |     -9044 | NC      | $-991895.25   | -0.07%            |  |  |  | No            | 2                  | On Loan: No      |
| MORGAN STANLEY & CO. INTERNATIONAL                      | USD P BRL C @5.350000 EO                                                          | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |  -2060000 | OU      | $-73900.44    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| MORGAN STANLEY & CO. INTERNATIONAL                      | USD C BRL P @5.350000 EO                                                          | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |  -2060000 | OU      | $-48832.30    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| AES PANAMA GENERATION HL                                | AES Panama Generation Holdings SRL                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | PA        |    237111 | PA      | $219980.02    | 0.01%             | 2030-05-31      | Fixed         | 4.38%                 | No            | 2                  | On Loan: No      |
| REPUBLIC OF PARAGUAY                                    | Paraguay Government International Bond                                            | CUSIP: 000000000<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |    395000 | PA      | $347205.00    | 0.02%             | 2033-01-29      | Fixed         | 2.74%                 | No            | 2                  | On Loan: No      |
| SAMARCO MINERACAO SA                                    | Samarco Mineracao SA                                                              | CUSIP: 000000000<br>LEI: 529900U8HKV15GJC4O60 | Long             | DBT              | CORP              | BR        |    158509 | PA      | $156131.37    | 0.01%             | 2031-06-30      | Fixed         | 9.50%                 | No            | 2                  | On Loan: No      |
| SECTOR ALARM HOLDING AS                                 | SECTOR ALARM HOLDING AS 2026 EUR TERM LOAN B                                      | CUSIP: 000000000<br>LEI: 549300YUOBFVB7TE8510 | Long             | LON              | CORP              | NO        |    406916 | PA      | $465842.26    | 0.03%             | 2032-06-14      | Floating      | 5.01%                 | No            | 2                  | On Loan: No      |
| JPMorgan Chase Bank NA                                  | CVB FINANCIAL CORP                                                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | US        |      3741 | OU      | $-72537.99    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| JPMorgan Chase Bank NA                                  | COMMUNITY BANK SYSTEM INC                                                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | US        |      1416 | OU      | $-83048.40    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| JPMorgan Chase Bank NA                                  | EAGLE BANCORP INC                                                                 | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | US        |      3416 | OU      | $84955.92     | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| JPMorgan Chase Bank NA                                  | ISHARES IBOXX $ INV GRADE CORPORAT                                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DIR              |  | US        |     21553 | OU      | $-2349061.47  | -0.16%            |  |  |  | No            | 2                  | On Loan: No      |
| JPMorgan Chase Bank NA                                  | VANGUARD INTERMEDIATE-TERM CORP BO                                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | US        |     19188 | OU      | $-1587807.00  | -0.11%            |  |  |  | No            | 2                  | On Loan: No      |
| JPMorgan Chase Bank NA                                  | AMC NETWORKS CLASS A INC                                                          | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | US        |     55495 | OU      | $376811.05    | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| Barclays Bank PLC                                       | AMC NETWORKS CLASS A INC                                                          | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DE               |  | US        |     27214 | OU      | $184783.06    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Citibank NA                                             | SPDR BLOOMBERG HIGH YIELD BOND ETF                                                | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | US        |     49732 | OU      | $-4760347.04  | -0.32%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. MORGAN SECURITIES LLC                              | PAGAYA TECHNOLOGIES LTD CLASS A                                                   | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DE               |  | US        |     20783 | OU      | $-242121.95   | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| Barclays Bank PLC                                       | PAGAYA TECHNOLOGIES LTD CLASS A                                                   | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DE               |  | US        |     42120 | OU      | $-490698.00   | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| CLEAN RENEWABLE POWER                                   | Clean Renewable Power Mauritius Pte Ltd                                           | CUSIP: 000000000<br>LEI: 2138003P9CSDW7P4MT75 | Long             | DBT              | CORP              | MU        |    147000 | PA      | $143398.50    | 0.01%             | 2027-03-25      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| INDIA CLEANTECH ENERGY                                  | India Cleantech Energy                                                            | CUSIP: 000000000<br>LEI: 254900DGTS4HHR3Q6F66 | Long             | DBT              | CORP              | MU        |    185375 | PA      | $183984.69    | 0.01%             | 2026-08-10      | Fixed         | 4.70%                 | No            | 2                  | On Loan: No      |
| RESURGENT TRADE + INVT LTD                              | RESURGENT TRADE + INVT LTD                                                        | CUSIP: 000000000<br>LEI: 89450041TCNTI3YL5A08 | Long             | DBT              | CORP              | MU        |   1799000 | PA      | $1792343.70   | 0.12%             | 2027-12-01      | Fixed         | 9.52%                 | No            | 3                  | On Loan: No      |
| Royal Caribbean Cruises Ltd                             | Royal Caribbean Cruises Ltd                                                       | CUSIP: 000000000<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | EC               | CORP              | LR        |       524 | NS      | $144194.32    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Verisure Holding AB                                     | Verisure Holding AB 2025 EUR Term Loan B                                          | CUSIP: 000000000<br>LEI: 549300VQQCWGISM3N408 | Long             | LON              | CORP              | SE        |   1000000 | PA      | $1151319.29   | 0.08%             | 2032-11-03      | Floating      | 4.28%                 | No            | 2                  | On Loan: No      |
| GC TREASURY CENTRE CO                                   | GC Treasury Center Co Ltd                                                         | CUSIP: 000000000<br>LEI: 549300LUFQBC2EQNAR40 | Long             | DBT              | CORP              | TH        |    250000 | PA      | $242075.00    | 0.02%             | 2030-09-10      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| FREEPORT INDONESIA PT                                   | Freeport Indonesia PT                                                             | CUSIP: 000000000<br>LEI: 549300T4HTQHRKLNE619 | Long             | DBT              | CORP              | ID        |    200000 | PA      | $193786.24    | 0.01%             | 2052-04-14      | Fixed         | 6.20%                 | No            | 2                  | On Loan: No      |
| RENEW POWER PVT LTD                                     | ReNew Pvt Ltd                                                                     | CUSIP: 000000000<br>LEI: 335800BITJZHVZ1CN475 | Long             | DBT              | CORP              | IN        |    200000 | PA      | $197292.00    | 0.01%             | 2027-03-05      | Fixed         | 5.88%                 | No            | 2                  | On Loan: No      |
| Intercontinental Exchange, Inc.                         | SWAP/CDSWAP/ICE: (CDX.NA.HY.41.V2)                                                | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |   3367485 | OU      | $177647.65    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Intercontinental Exchange, Inc.                         | SWAP/CDSWAP/ICE: (ITRAXX.XO.42.V1)                                                | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |  22763094 | OU      | $1927961.42   | 0.13%             |  |  |  | No            | 2                  | On Loan: No      |
| Intercontinental Exchange, Inc.                         | SWAP/CDSWAP/ICE: (ITRAXX.XO.43.V1)                                                | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |    938447 | OU      | $86729.34     | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Intercontinental Exchange, Inc.                         | SWAP/CDSWAP/ICE: (CDX.NA.HY.44.V1)                                                | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |   4173840 | OU      | $-250483.28   | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| Intercontinental Exchange, Inc.                         | SWAP/CDSWAP/ICE: (CDX.NA.HY.45.V1)                                                | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |   1387980 | OU      | $-75494.08    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| Intercontinental Exchange, Inc.                         | SWAP/CDSWAP/ICE: (ITRAXX.XO.45.V1)                                                | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |   9078700 | OU      | $-673909.81   | -0.05%            |  |  |  | No            | 2                  | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** BlackRock Capital Allocation Term Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer