# EDGAR Filing Document

**Accession Number:** 0001528437
**File Stem:** 0001410368-25-043457
**Filing Date:** 2025-12
**Character Count:** 335130
**Document Hash:** b375cf167806423349ba1bdadf4d612d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-043457.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0001410368-25-043457

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock Municipal 2030 Target Term Trust
- **CENTRAL INDEX KEY:** 0001528437

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22603
- **FILM NUMBER:** 251606875

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

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BlackRock Municipal Target Term Trust
- **DATE OF NAME CHANGE:** 20120625

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BlackRock Municipal 2027 Term Trust
- **DATE OF NAME CHANGE:** 20110823

## Nport-Ex

October 31, 2025

2025 Quarterly Report <br>&nbsp;&nbsp;&nbsp;&nbsp;(Unaudited)<br>

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

**BlackRock Municipal 2030 Target Term Trust (BTT)**<br>

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

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

------

Schedule of Investments (unaudited)

October 31, 2025

**BlackRock Municipal 2030 Target Term Trust (BTT)** 

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

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br>*(000)*<br>| *Value* |
| **Municipal Bonds** | **Municipal Bonds** | **Municipal Bonds** |
| **Alabama — 9.2%** | **Alabama — 9.2%** |  |
| &nbsp;&nbsp;&nbsp; Alabama Economic Settlement Authority, RB, Series A, <br> 4.00%, 09/15/33<br>| $5000 | &nbsp;&nbsp; $5004987 |
| &nbsp;&nbsp;&nbsp; Alabama Public School and College Authority, <br> Refunding RB, Series A, Sustainability Bonds, <br> 5.00%, 11/01/30<br>| 11900 | &nbsp;&nbsp; 13276367 |
| &nbsp;&nbsp;&nbsp; Alabama Special Care Facilities Financing Authority-<br> Birmingham Alabama, Refunding RB, 5.00%, <br> 06/01/30<br>| 10000 | &nbsp;&nbsp; 10006244 |
| &nbsp;&nbsp;&nbsp; Baldwin County Industrial Development Authority, RB, <br> Series A, AMT, 5.00%, 06/01/55<sup>(a)(b)</sup><br>| 5000 | &nbsp;&nbsp; 5146808 |
| Birmingham-Jefferson Civic Center Authority, ST |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/31 | 1100 | &nbsp;&nbsp; 1153813 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/32 | 1150 | &nbsp;&nbsp; 1205148 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/33 | 1600 | &nbsp;&nbsp; 1673999 |
| Black Belt Energy Gas District, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 05/01/30 | 4380 | &nbsp;&nbsp; 4501124 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 01/01/54<sup>(a)</sup> | 10000 | &nbsp;&nbsp; 10770905 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 05/01/55<sup>(a)</sup> | 2005 | &nbsp;&nbsp; 2200350 |
| &nbsp;&nbsp;&nbsp; Series A-1, 4.00%, 12/01/49<sup>(a)</sup> | 900 | &nbsp;&nbsp; 901875 |
| &nbsp;&nbsp;&nbsp; Series B, 5.25%, 12/01/53<sup>(a)</sup> | 3500 | &nbsp;&nbsp; 3800044 |
| &nbsp;&nbsp;&nbsp; Series D, 5.00%, 03/01/55<sup>(a)</sup> | 6245 | &nbsp;&nbsp; 6771735 |
| &nbsp;&nbsp;&nbsp; Series E, 5.00%, 05/01/30 | 1675 | &nbsp;&nbsp; 1788963 |
| &nbsp;&nbsp;&nbsp; County of Jefferson Alabama Sewer Revenue, <br> Refunding RB, 5.00%, 10/01/30<br>| 2500 | &nbsp;&nbsp; 2738446 |
| &nbsp;&nbsp;&nbsp; Energy Southeast A Cooperative District, RB, Series B, <br> 5.25%, 07/01/54<sup>(a)</sup><br>| 3095 | &nbsp;&nbsp; 3398695 |
| &nbsp;&nbsp;&nbsp; Health Care Authority of the City of Huntsville, <br> Refunding RB, Series A, 5.00%, 06/01/53<sup>(a)</sup><br>| 20000 | &nbsp;&nbsp; 21608216 |
| &nbsp;&nbsp;&nbsp; Homewood Educational Building Authority, Refunding <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 12/01/33 | 1010 | &nbsp;&nbsp; 1022396 |
| &nbsp;&nbsp;&nbsp; 5.00%, 12/01/34 | 1380 | &nbsp;&nbsp; 1394079 |
| &nbsp;&nbsp;&nbsp; Hoover Industrial Development Board, RB, AMT, <br> Sustainability Bonds, 6.38%, 11/01/50<sup>(a)</sup><br>| 1965 | &nbsp;&nbsp; 2167262 |
| &nbsp;&nbsp;&nbsp; Orange Beach Water Sewer & Fire <br> Protection Authority, RB, 4.00%, 05/15/30<br>| 510 | &nbsp;&nbsp; 537608 |
| &nbsp;&nbsp;&nbsp; Southeast Energy Authority A Cooperative District, <br> RB<sup>(a)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/56 | 1230 | &nbsp;&nbsp; 1316733 |
| &nbsp;&nbsp;&nbsp; Series A-2, 5.31%, 01/01/53 | 30265 | &nbsp;&nbsp; 31761017 |
| &nbsp;&nbsp;&nbsp; Series B-1, 5.00%, 05/01/53 | 9375 | &nbsp;&nbsp; 9759633 |
|  |  | &nbsp;&nbsp; 143906447 |
| **Arizona — 1.2%** | **Arizona — 1.2%** |  |
| Arizona Industrial Development Authority, RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 07/01/29 | 465 | &nbsp;&nbsp; 460297 |
| &nbsp;&nbsp;&nbsp; 4.50%, 07/01/29 | 555 | &nbsp;&nbsp; 555256 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 07/01/29 | 2935 | &nbsp;&nbsp; 2914141 |
| &nbsp;&nbsp;&nbsp; Sustainability Bonds, 4.00%, 07/01/30 | 410 | &nbsp;&nbsp; 397974 |
| Chandler Industrial Development Authority, RB<sup>(a)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; AMT, 4.10%, 12/01/37 | 3570 | &nbsp;&nbsp; 3576670 |
| &nbsp;&nbsp;&nbsp; AMT, 4.00%, 06/01/49 | 5000 | &nbsp;&nbsp; 5096789 |
| &nbsp;&nbsp;&nbsp; Maricopa County Industrial Development Authority, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 07/01/29<sup>(b)</sup> | 820 | &nbsp;&nbsp; 824777 |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/01/31 | 4280 | &nbsp;&nbsp; 4385949 |
|  |  | &nbsp;&nbsp; 18211853 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **California — 13.0%** | **California — 13.0%** |  |
| &nbsp;&nbsp;&nbsp; Alameda Corridor Transportation Authority, Refunding <br> RB, Series A, Sub Lien, (AMBAC), 0.00%, <br> 10/01/30<sup>(c)</sup><br>| $10530 | &nbsp;&nbsp; $9032117 |
| &nbsp;&nbsp;&nbsp; Bay Area Toll Authority, RB, Class A, 4.47%, <br> 04/01/36<sup>(a)</sup><br>| 3000 | &nbsp;&nbsp; 2982449 |
| &nbsp;&nbsp;&nbsp; Bay Area Toll Authority, Refunding RB, Series E, <br> 3.63%, 04/01/56<sup>(a)</sup><br>| 3250 | &nbsp;&nbsp; 3147332 |
| California Community Choice Financing Authority, RB<sup>(a)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Sustainability Bonds, 4.84%, 12/01/53 | 6750 | &nbsp;&nbsp; 6842919 |
| &nbsp;&nbsp;&nbsp; Sustainability Bonds, 5.50%, 10/01/54 | 2465 | &nbsp;&nbsp; 2711433 |
| &nbsp;&nbsp;&nbsp; Series E-2, Sustainability Bonds, 4.56%, 02/01/54 | 9780 | &nbsp;&nbsp; 9826222 |
| &nbsp;&nbsp;&nbsp; Series G, Sustainability Bonds, 5.25%, 11/01/54 | 1785 | &nbsp;&nbsp; 1917658 |
| California Health Facilities Financing Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 11/15/32 | 1600 | &nbsp;&nbsp; 1673459 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 11/15/33 | 1855 | &nbsp;&nbsp; 1936980 |
| &nbsp;&nbsp;&nbsp; California Housing Finance Agency, RB, M/F Housing, <br> Series 2021-1, Class A, 3.50%, 11/20/35<br>| 3487 | &nbsp;&nbsp; 3466173 |
| &nbsp;&nbsp;&nbsp; California Infrastructure & Economic Development <br> Bank, Refunding RB, Series A, Class B, AMT, <br> Sustainability Bonds, 9.50%, 01/01/65<sup>(a)(b)</sup><br>| 5725 | &nbsp;&nbsp; 4580000 |
| &nbsp;&nbsp;&nbsp; California Municipal Finance Authority, ARB, AMT, <br> Senior Lien, 5.00%, 12/31/33<br>| 4000 | &nbsp;&nbsp; 4102807 |
| California Municipal Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 4.00%, 07/15/29 | 3900 | &nbsp;&nbsp; 3941892 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 3.85%, 07/01/51<sup>(a)</sup> | 6625 | &nbsp;&nbsp; 6620318 |
| California Municipal Finance Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/30 | 1200 | &nbsp;&nbsp; 1226461 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/31 | 1050 | &nbsp;&nbsp; 1072990 |
| &nbsp;&nbsp;&nbsp; California Pollution Control Financing Authority, RB, <br> Series A, AMT, 4.25%, 11/01/38<sup>(a)</sup><br>| 8350 | &nbsp;&nbsp; 8612577 |
| California School Finance Authority, RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/01/30 | 565 | &nbsp;&nbsp; 562610 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/29 | 195 | &nbsp;&nbsp; 196000 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 06/01/31 | 240 | &nbsp;&nbsp; 132000 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/32 | 985 | &nbsp;&nbsp; 995695 |
| &nbsp;&nbsp;&nbsp; City of Long Beach California Harbor Revenue, ARB, <br> Series A, AMT, 5.00%, 05/15/34<br>| 1650 | &nbsp;&nbsp; 1696896 |
| &nbsp;&nbsp;&nbsp; City of Los Angeles Department of Airports, ARB, AMT, <br> Sustainability Bonds, 5.00%, 05/15/30<br>| 18250 | &nbsp;&nbsp; 19933902 |
| Compton Unified School District, GO, CAB<sup>(c)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, (BAM), 0.00%, 06/01/33 | 1000 | &nbsp;&nbsp; 769416 |
| &nbsp;&nbsp;&nbsp; Series B, (BAM), 0.00%, 06/01/34 | 1125 | &nbsp;&nbsp; 829219 |
| &nbsp;&nbsp;&nbsp; Series B, (BAM), 0.00%, 06/01/35 | 1000 | &nbsp;&nbsp; 703219 |
| &nbsp;&nbsp;&nbsp; Series B, (BAM), 0.00%, 06/01/36 | 1000 | &nbsp;&nbsp; 667877 |
| &nbsp;&nbsp;&nbsp; El Camino Community College District Fountation, GO, <br> CAB<sup>(c)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series C, Election 2002, 0.00%, 08/01/30 | 9090 | &nbsp;&nbsp; 8029457 |
| &nbsp;&nbsp;&nbsp; Series C, Election 2002, 0.00%, 08/01/31 | 12465 | &nbsp;&nbsp; 10710480 |
| &nbsp;&nbsp;&nbsp; Series C, Election 2002, 0.00%, 08/01/32 | 17435 | &nbsp;&nbsp; 14538583 |
| &nbsp;&nbsp;&nbsp; Monterey Peninsula Community College District, <br> Refunding GO, CAB<sup>(c)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 0.00%, 08/01/30 | 3500 | &nbsp;&nbsp; 3027253 |
| &nbsp;&nbsp;&nbsp; 0.00%, 08/01/31 | 5940 | &nbsp;&nbsp; 4961211 |
| &nbsp;&nbsp;&nbsp; M-S-R Energy Authority, RB, Series C, 6.13%, <br> 11/01/29<br>| 1640 | &nbsp;&nbsp; 1728883 |
| &nbsp;&nbsp;&nbsp; Norman Y Mineta San Jose International Airport SJC, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 03/01/30 | 500 | &nbsp;&nbsp; 511996 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 03/01/31 | 1500 | &nbsp;&nbsp; 1533938 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 03/01/32 | 1000 | &nbsp;&nbsp; 1021236 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 03/01/33 | 975 | &nbsp;&nbsp; 994345 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 03/01/34 | 1250 | &nbsp;&nbsp; 1273486 |

---

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**BlackRock Municipal 2030 Target Term Trust (BTT)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **California (continued)** | **California (continued)** |  |
| &nbsp;&nbsp;&nbsp; Norman Y Mineta San Jose International Airport SJC, <br> Refunding RB (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 03/01/35 | 2000 | &nbsp;&nbsp; $2035151 |
| &nbsp;&nbsp;&nbsp; Northern California Energy Authority, Refunding RB, <br> 5.00%, 12/01/54<sup>(a)</sup><br>| 23035 | &nbsp;&nbsp; 24932911 |
| Poway Unified School District, GO<sup>(c)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series 1-A, Election 2008, 0.00%, 08/01/30 | 10000 | &nbsp;&nbsp; 8840274 |
| &nbsp;&nbsp;&nbsp; Series 1-A, Election 2008, 0.00%, 08/01/32 | 7500 | &nbsp;&nbsp; 6248275 |
| &nbsp;&nbsp;&nbsp; San Diego County Regional Airport Authority, ARB, <br> Sub-Series B, AMT, 5.00%, 07/01/33<br>| 1000 | &nbsp;&nbsp; 1027556 |
| &nbsp;&nbsp;&nbsp; San Rafael City Elementary School District, GO, <br> Series C, Election 2002, (NPFGC), 0.00%, <br> 08/01/30<sup>(c)</sup><br>| 6350 | &nbsp;&nbsp; 5577714 |
| &nbsp;&nbsp;&nbsp; Washington Township Health Care District, Refunding <br> RB, Series B, 3.00%, 07/01/28<br>| 750 | &nbsp;&nbsp; 736687 |
| &nbsp;&nbsp;&nbsp; Wiseburn School District, GO, Series A, Election 2007, <br> (NPFGC), 0.00%, 08/01/30<sup>(c)</sup><br>| 7505 | &nbsp;&nbsp; 6613879 |
|  |  | &nbsp;&nbsp; 204523936 |
| **Colorado — 5.2%** | **Colorado — 5.2%** |  |
| &nbsp;&nbsp;&nbsp; City & County of Denver Colorado Airport System <br> Revenue, Refunding ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 12/01/30 | 12780 | &nbsp;&nbsp; 13963906 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 12/01/33 | 25000 | &nbsp;&nbsp; 26224705 |
| &nbsp;&nbsp;&nbsp; City & County of Denver Colorado Pledged Excise Tax <br> Revenue, RB, CAB, Series A-2, 0.00%, 08/01/30<sup>(c)</sup><br>| 1000 | &nbsp;&nbsp; 835681 |
| &nbsp;&nbsp;&nbsp; City & County of Denver Colorado, Refunding RB, <br> AMT, 5.00%, 10/01/32<br>| 2500 | &nbsp;&nbsp; 2500015 |
| &nbsp;&nbsp;&nbsp; Colorado Educational & Cultural Facilities Authority, <br> Refunding RB, 4.00%, 12/01/30<sup>(b)</sup><br>| 830 | &nbsp;&nbsp; 800596 |
| Colorado Health Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 11/01/30 | 1000 | &nbsp;&nbsp; 1092717 |
| &nbsp;&nbsp;&nbsp; Class A, 5.00%, 11/15/60<sup>(a)</sup> | 9560 | &nbsp;&nbsp; 10452759 |
| &nbsp;&nbsp;&nbsp; Series B, 2.63%, 05/15/29 | 1875 | &nbsp;&nbsp; 1787071 |
| &nbsp;&nbsp;&nbsp; Series D, 3.77%, 05/15/61<sup>(a)</sup> | 7000 | &nbsp;&nbsp; 6961653 |
| &nbsp;&nbsp;&nbsp; Colorado Health Facilities Authority, Refunding RB, <br> Series A, 4.00%, 08/01/37<br>| 3000 | &nbsp;&nbsp; 3018534 |
| &nbsp;&nbsp;&nbsp; E-470 Public Highway Authority, Refunding RB, <br> Series B, 3.61%, 09/01/39<sup>(a)</sup><br>| 3160 | &nbsp;&nbsp; 3152995 |
| Park Creek Metropolitan District, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 12/01/27 | 1500 | &nbsp;&nbsp; 1502389 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 12/01/28 | 1500 | &nbsp;&nbsp; 1502389 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 12/01/30 | 1350 | &nbsp;&nbsp; 1352151 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 12/01/31 | 1500 | &nbsp;&nbsp; 1502390 |
| &nbsp;&nbsp;&nbsp; Plaza Metropolitan District No. 1, Refunding TA, <br> 4.20%, 12/01/25<sup>(b)</sup><br>| 5280 | &nbsp;&nbsp; 5280727 |
|  |  | &nbsp;&nbsp; 81930678 |
| **Connecticut — 0.4%** | **Connecticut — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; Capital Region Development Authority, Refunding RB, <br> (SAP), 5.00%, 06/15/31<br>| 1125 | &nbsp;&nbsp; 1189454 |
| &nbsp;&nbsp;&nbsp; Connecticut State Health & Educational Facilities <br> Authority, RB, Series A, 5.00%, 01/01/30<sup>(b)</sup><br>| 305 | &nbsp;&nbsp; 305136 |
| &nbsp;&nbsp;&nbsp; Connecticut State Health & Educational Facilities <br> Authority, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series G-1, 5.00%, 07/01/27<sup>(b)</sup> | 225 | &nbsp;&nbsp; 227999 |
| &nbsp;&nbsp;&nbsp; Series G-1, 5.00%, 07/01/28<sup>(b)</sup> | 300 | &nbsp;&nbsp; 306684 |
| &nbsp;&nbsp;&nbsp; Series G-1, 5.00%, 07/01/29<sup>(b)</sup> | 300 | &nbsp;&nbsp; 309313 |
| &nbsp;&nbsp;&nbsp; Series G-1, 5.00%, 07/01/34<sup>(b)</sup> | 355 | &nbsp;&nbsp; 363721 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Connecticut (continued)** | **Connecticut (continued)** |  |
| &nbsp;&nbsp;&nbsp; Connecticut State Health & Educational Facilities <br> Authority, Refunding RB (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series I-1, 5.00%, 07/01/35 | 400 | &nbsp;&nbsp; $410868 |
| State of Connecticut, GO, Series A, 5.00%, 04/15/33 | 3600 | &nbsp;&nbsp; 3795779 |
|  |  | &nbsp;&nbsp; 6908954 |
| **Delaware — 0.4%** | **Delaware — 0.4%** |  |
| County of Kent Delaware, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/26 | 850 | &nbsp;&nbsp; 853752 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/27 | 890 | &nbsp;&nbsp; 901643 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/28 | 935 | &nbsp;&nbsp; 951372 |
| &nbsp;&nbsp;&nbsp; Delaware State Health Facilities Authority, RB, 4.00%, <br> 06/01/35<br>| 1370 | &nbsp;&nbsp; 1359338 |
| &nbsp;&nbsp;&nbsp; Delaware Transportation Authority, Refunding RB, <br> 5.00%, 09/01/30<br>| 2000 | &nbsp;&nbsp; 2218117 |
|  |  | &nbsp;&nbsp; 6284222 |
| **District of Columbia — 1.6%** | **District of Columbia — 1.6%** |  |
| &nbsp;&nbsp;&nbsp; District of Columbia Housing Finance Agency, RB, M/F <br> Housing, Series A-2, 3.60%, 03/01/46<sup>(a)</sup><br>| 5500 | &nbsp;&nbsp; 5537192 |
| &nbsp;&nbsp;&nbsp; Metropolitan Washington Airports Authority Aviation <br> Revenue, Refunding ARB, Series A, AMT, 5.00%, <br> 10/01/30<br>| 18325 | &nbsp;&nbsp; 20015576 |
|  |  | &nbsp;&nbsp; 25552768 |
| **Florida — 8.6%** | **Florida — 8.6%** |  |
| &nbsp;&nbsp;&nbsp; Bella Tara Community Development District, SAB, <br> 5.00%, 05/01/30<br>| 885 | &nbsp;&nbsp; 883746 |
| &nbsp;&nbsp;&nbsp; Capital Projects Finance Authority, RB, Series A-1, <br> 5.00%, 10/01/30<br>| 1000 | &nbsp;&nbsp; 1067075 |
| Capital Trust Agency, Inc., RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 06/15/29 | 1070 | &nbsp;&nbsp; 1049181 |
| &nbsp;&nbsp;&nbsp; Series A-1, 3.38%, 07/01/31 | 1520 | &nbsp;&nbsp; 1473000 |
| &nbsp;&nbsp;&nbsp; Capital Trust Authority, Refunding RB, Series A, <br> (AGM), 5.00%, 12/01/30<br>| 12000 | &nbsp;&nbsp; 13182198 |
| &nbsp;&nbsp;&nbsp; City of Lakeland Florida, Refunding RB, 5.00%, <br> 11/15/30<br>| 3750 | &nbsp;&nbsp; 3814224 |
| &nbsp;&nbsp;&nbsp; City Of South Miami Health Facilities Authority, Inc., <br> RB, 5.00%, 08/15/65<sup>(a)</sup><br>| 3000 | &nbsp;&nbsp; 3277868 |
| &nbsp;&nbsp;&nbsp; City Of South Miami Health Facilities Authority, Inc., <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 08/15/30 | 3245 | &nbsp;&nbsp; 3363725 |
| &nbsp;&nbsp;&nbsp; 5.00%, 08/15/31 | 3130 | &nbsp;&nbsp; 3244121 |
| &nbsp;&nbsp;&nbsp; 5.00%, 08/15/34 | 6475 | &nbsp;&nbsp; 6686900 |
| &nbsp;&nbsp;&nbsp; County of Miami-Dade Florida Aviation Revenue, <br> Refunding RB, Series A, AMT, 5.00%, 10/01/30<br>| 4285 | &nbsp;&nbsp; 4659882 |
| County of Miami-Dade Florida, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series B, 4.00%, 04/01/30 | 12305 | &nbsp;&nbsp; 12354311 |
| &nbsp;&nbsp;&nbsp; Series B, 4.00%, 04/01/32 | 6690 | &nbsp;&nbsp; 6715597 |
| &nbsp;&nbsp;&nbsp; County of St. Johns Florida Water & Sewer Revenue, <br> Refunding RB, CAB<sup>(c)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, 0.00%, 06/01/30 | 2000 | &nbsp;&nbsp; 1732180 |
| &nbsp;&nbsp;&nbsp; Series B, 0.00%, 06/01/31 | 1295 | &nbsp;&nbsp; 1083440 |
| &nbsp;&nbsp;&nbsp; Series B, 0.00%, 06/01/32 | 2495 | &nbsp;&nbsp; 2012011 |
| &nbsp;&nbsp;&nbsp; Double Branch Community Development District, <br> Refunding SAB, Series A-1, Senior Lien, 4.13%, <br> 05/01/31<br>| 1200 | &nbsp;&nbsp; 1200213 |
| Florida Development Finance Corp., RB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 05/01/29<sup>(b)</sup> | 1500 | &nbsp;&nbsp; 1514916 |
| &nbsp;&nbsp;&nbsp; AMT, 3.00%, 06/01/32 | 2665 | &nbsp;&nbsp; 2436702 |
| Florida Development Finance Corp., Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 06/01/26<sup>(b)</sup> | 110 | &nbsp;&nbsp; 109874 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**BlackRock Municipal 2030 Target Term Trust (BTT)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Florida (continued)** | **Florida (continued)** |  |
| &nbsp;&nbsp;&nbsp; Florida Development Finance Corp., Refunding <br> RB (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/15/30<sup>(b)</sup> | 470 | &nbsp;&nbsp; $455515 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 07/01/34 | 2500 | &nbsp;&nbsp; 2087500 |
| &nbsp;&nbsp;&nbsp; AMT, (AGM), 5.00%, 07/01/44 | 4685 | &nbsp;&nbsp; 4664324 |
| Hillsborough County Aviation Authority, ARB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 10/01/30 | 2325 | &nbsp;&nbsp; 2533943 |
| &nbsp;&nbsp;&nbsp; Class B, AMT, 5.00%, 10/01/30 | 9145 | &nbsp;&nbsp; 9966844 |
| &nbsp;&nbsp;&nbsp; Lakewood Ranch Stewardship District, Refunding SAB, <br> 3.20%, 05/01/30<sup>(b)</sup><br>| 540 | &nbsp;&nbsp; 525954 |
| &nbsp;&nbsp;&nbsp; Lakewood Ranch Stewardship District, SAB, 5.40%, <br> 05/01/28<br>| 780 | &nbsp;&nbsp; 796466 |
| &nbsp;&nbsp;&nbsp; Lakewood Ranch Stewardship District, SAB, S/F <br> Housing, 3.40%, 05/01/30<br>| 375 | &nbsp;&nbsp; 369990 |
| &nbsp;&nbsp;&nbsp; Lee County Industrial Development Authority, RB, <br> Series B-3, 4.13%, 11/15/29<br>| 3415 | &nbsp;&nbsp; 3432649 |
| &nbsp;&nbsp;&nbsp; LT Ranch Community Development District, SAB, <br> 3.40%, 05/01/30<br>| 985 | &nbsp;&nbsp; 963461 |
| &nbsp;&nbsp;&nbsp; Miami Beach Health Facilities Authority, Refunding RB, <br> 5.00%, 11/15/30<br>| 1000 | &nbsp;&nbsp; 1001138 |
| &nbsp;&nbsp;&nbsp; Palm Beach County Health Facilities Authority, <br> Refunding RB, 5.00%, 11/15/32<br>| 18130 | &nbsp;&nbsp; 18360412 |
| &nbsp;&nbsp;&nbsp; Sarasota National Community Development District, <br> Refunding SAB, 3.50%, 05/01/31<br>| 1000 | &nbsp;&nbsp; 1008835 |
| &nbsp;&nbsp;&nbsp; School Board of Miami-Dade County, Refunding COP, <br> Series A, 5.00%, 05/01/32<br>| 9000 | &nbsp;&nbsp; 9077614 |
| &nbsp;&nbsp;&nbsp; St. Johns County Industrial Development Authority, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 12/15/25 | 180 | &nbsp;&nbsp; 179814 |
| &nbsp;&nbsp;&nbsp; 4.00%, 12/15/28 | 200 | &nbsp;&nbsp; 196948 |
| &nbsp;&nbsp;&nbsp; 4.00%, 12/15/29 | 215 | &nbsp;&nbsp; 210969 |
| &nbsp;&nbsp;&nbsp; 4.00%, 12/15/30 | 195 | &nbsp;&nbsp; 190820 |
| &nbsp;&nbsp;&nbsp; 4.00%, 12/15/31 | 205 | &nbsp;&nbsp; 200002 |
| &nbsp;&nbsp;&nbsp; Tolomato Community Development District, Refunding <br> SAB, Sub-Series A-2, 3.85%, 05/01/29<br>| 410 | &nbsp;&nbsp; 412805 |
| &nbsp;&nbsp;&nbsp; Village Community Development District No. 15, SAB, <br> 4.25%, 05/01/28<sup>(b)</sup><br>| 560 | &nbsp;&nbsp; 566065 |
| &nbsp;&nbsp;&nbsp; Village Community Development District No. 16, SAB, <br> 05/01/30<sup>(d)</sup><br>| 1050 | &nbsp;&nbsp; 1050427 |
| &nbsp;&nbsp;&nbsp; Village Community Development District No. 5, <br> Refunding SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.50%, 05/01/28 | 2645 | &nbsp;&nbsp; 2629033 |
| &nbsp;&nbsp;&nbsp; 4.00%, 05/01/33 | 810 | &nbsp;&nbsp; 809995 |
| &nbsp;&nbsp;&nbsp; 4.00%, 05/01/34 | 1825 | &nbsp;&nbsp; 1824245 |
|  |  | &nbsp;&nbsp; 135376932 |
| **Georgia — 7.6%** | **Georgia — 7.6%** |  |
| &nbsp;&nbsp;&nbsp; DeKalb County Housing Authority, RB, M/F Housing, <br> Series A, 4.00%, 12/01/33<br>| 6870 | &nbsp;&nbsp; 7008786 |
| &nbsp;&nbsp;&nbsp; DeKalb County Housing Authority, Refunding RB, <br> 4.13%, 12/01/34<br>| 1460 | &nbsp;&nbsp; 1467869 |
| Georgia Ports Authority, ARB, 5.00%, 07/01/30 | 1175 | &nbsp;&nbsp; 1303382 |
| Main Street Natural Gas, Inc., RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 05/15/29 | 1250 | &nbsp;&nbsp; 1312245 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 05/15/30 | 8000 | &nbsp;&nbsp; 8415494 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 09/01/52<sup>(a)</sup> | 15000 | &nbsp;&nbsp; 15419097 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/53<sup>(a)</sup> | 31375 | &nbsp;&nbsp; 33262073 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 07/01/53<sup>(a)</sup> | 8910 | &nbsp;&nbsp; 9549129 |
| &nbsp;&nbsp;&nbsp; Series C, 5.00%, 09/01/53<sup>(a)</sup> | 6290 | &nbsp;&nbsp; 6729118 |
| &nbsp;&nbsp;&nbsp; Series D, 5.00%, 05/01/54<sup>(a)</sup> | 9325 | &nbsp;&nbsp; 9932978 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Georgia (continued)** | **Georgia (continued)** |  |
| &nbsp;&nbsp;&nbsp; Main Street Natural Gas, Inc., Refunding RB, <br> Series E-1, 5.00%, 12/01/53<sup>(a)</sup><br>| 9865 | &nbsp;&nbsp; $10623498 |
| &nbsp;&nbsp;&nbsp; Municipal Electric Authority of Georgia, RB, Series A, <br> 5.00%, 01/01/34<br>| 8000 | &nbsp;&nbsp; 8390793 |
| Municipal Electric Authority of Georgia, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/01/29 | 2000 | &nbsp;&nbsp; 2135695 |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/01/30 | 1905 | &nbsp;&nbsp; 2066837 |
| &nbsp;&nbsp;&nbsp; Series A-R, Subordinate, 5.00%, 01/01/30 | 1250 | &nbsp;&nbsp; 1356192 |
|  |  | &nbsp;&nbsp; 118973186 |
| **Guam — 0.2%** | **Guam — 0.2%** |  |
| Territory of Guam, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series F, 5.00%, 01/01/30 | 1160 | &nbsp;&nbsp; 1237634 |
| &nbsp;&nbsp;&nbsp; Series F, 5.00%, 01/01/31 | 1250 | &nbsp;&nbsp; 1351549 |
|  |  | &nbsp;&nbsp; 2589183 |
| **Idaho — 0.0%** | **Idaho — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Idaho Housing & Finance Association, RB, Series A, <br> 4.63%, 07/01/29<sup>(b)</sup><br>| 115 | &nbsp;&nbsp; 115292 |
| **Illinois — 7.7%** | **Illinois — 7.7%** |  |
| Chicago Board of Education, Refunding GO<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, 12/01/30 | 515 | &nbsp;&nbsp; 537265 |
| &nbsp;&nbsp;&nbsp; Series C, 12/01/30 | 810 | &nbsp;&nbsp; 845019 |
| Chicago Housing Authority, RB, M/F Housing |  |  |
| &nbsp;&nbsp;&nbsp; Series A, (HUD SEC 8), 5.00%, 01/01/33 | 3000 | &nbsp;&nbsp; 3106856 |
| &nbsp;&nbsp;&nbsp; Series A, (HUD SEC 8), 5.00%, 01/01/35 | 1500 | &nbsp;&nbsp; 1550707 |
| &nbsp;&nbsp;&nbsp; Chicago Midway International Airport, Refunding ARB, <br> Series A, AMT, Senior Lien, 5.00%, 01/01/30<br>| 2500 | &nbsp;&nbsp; 2675131 |
| &nbsp;&nbsp;&nbsp; Chicago O'Hare International Airport, Refunding RB, <br> Series B, Senior Lien, 5.00%, 01/01/33<br>| 6000 | &nbsp;&nbsp; 6146620 |
| &nbsp;&nbsp;&nbsp; City of Chicago Illinois, Refunding GO, Series B, <br> 4.00%, 01/01/30<br>| 1053 | &nbsp;&nbsp; 1060481 |
| Illinois Finance Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 11/01/24 | 425 | &nbsp;&nbsp; 294312 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 11/01/26<sup>(e)(f)</sup> | 460 | &nbsp;&nbsp; 318550 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 11/01/28<sup>(e)(f)</sup> | 1745 | &nbsp;&nbsp; 1208412 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 11/01/29<sup>(e)(f)</sup> | 1840 | &nbsp;&nbsp; 1274200 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 11/01/30<sup>(e)(f)</sup> | 1935 | &nbsp;&nbsp; 1339987 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 11/15/31 | 8415 | &nbsp;&nbsp; 8421806 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 10/01/32 | 1000 | &nbsp;&nbsp; 1004280 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 11/15/32 | 2075 | &nbsp;&nbsp; 2076648 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 02/01/33 | 12850 | &nbsp;&nbsp; 12857660 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 11/15/33 | 2125 | &nbsp;&nbsp; 2126617 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 08/15/30 | 3205 | &nbsp;&nbsp; 3291018 |
| &nbsp;&nbsp;&nbsp; Series B, 3.92%, 05/01/42<sup>(a)</sup> | 1750 | &nbsp;&nbsp; 1742302 |
| &nbsp;&nbsp;&nbsp; Series C, 5.00%, 02/15/30 | 12000 | &nbsp;&nbsp; 12313822 |
| &nbsp;&nbsp;&nbsp; Illinois State Toll Highway Authority, Refunding RB, <br> Series A, 4.00%, 12/01/31<br>| 20000 | &nbsp;&nbsp; 20028576 |
| &nbsp;&nbsp;&nbsp; Kane McHenry Cook & De Kalb Counties Unit School <br> District No. 300, Refunding GO, Series A, 5.00%, <br> 01/01/30<br>| 6350 | &nbsp;&nbsp; 6529003 |
| Metropolitan Pier & Exposition Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 12/15/28 | 1200 | &nbsp;&nbsp; 1245160 |
| &nbsp;&nbsp;&nbsp; 5.00%, 12/15/30 | 1385 | &nbsp;&nbsp; 1437205 |
| &nbsp;&nbsp;&nbsp; Sales Tax Securitization Corp., Refunding RB, <br> Series A, 2nd Lien, 5.00%, 01/01/30<br>| 10000 | &nbsp;&nbsp; 10803803 |
| State of Illinois, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 12/01/28 | 7450 | &nbsp;&nbsp; 7742958 |

---

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**BlackRock Municipal 2030 Target Term Trust (BTT)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Illinois (continued)** | **Illinois (continued)** |  |
| State of Illinois, GO (continued) |  |  |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 09/01/30 | 7500 | &nbsp;&nbsp; $8202520 |
| &nbsp;&nbsp;&nbsp; Upper Illinois River Valley Development Authority, <br> Refunding RB, 4.00%, 01/01/31<sup>(b)</sup><br>| 255 | &nbsp;&nbsp; 250239 |
|  |  | &nbsp;&nbsp; 120431157 |
| **Indiana — 1.2%** | **Indiana — 1.2%** |  |
| Indiana Finance Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.13%, 12/01/26 | 3665 | &nbsp;&nbsp; 3662501 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 09/15/29 | 1165 | &nbsp;&nbsp; 1220272 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 09/15/30 | 1220 | &nbsp;&nbsp; 1289049 |
| &nbsp;&nbsp;&nbsp; Series B, 3.52%, 03/01/39<sup>(a)</sup> | 920 | &nbsp;&nbsp; 912670 |
| &nbsp;&nbsp;&nbsp; Series C, 5.00%, 10/01/64<sup>(a)</sup> | 8335 | &nbsp;&nbsp; 8982402 |
| Northern Indiana Commuter Transportation District, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/32 | 1000 | &nbsp;&nbsp; 1009632 |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/33 | 1400 | &nbsp;&nbsp; 1412110 |
|  |  | &nbsp;&nbsp; 18488636 |
| **Kansas — 0.1%** | **Kansas — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; City of Manhattan Kansas, Refunding RB, Series A, <br> 4.00%, 06/01/26<br>| 315 | &nbsp;&nbsp; 314355 |
| City of Shawnee Kansas, RB, 4.00%, 08/01/31<sup>(b)</sup> | 400 | &nbsp;&nbsp; 382881 |
| &nbsp;&nbsp;&nbsp; Wyandotte County-Kansas City Unified Government <br> Utility System Revenue, RB, Series A, 5.00%, <br> 09/01/33<br>| 1370 | &nbsp;&nbsp; 1371863 |
|  |  | &nbsp;&nbsp; 2069099 |
| **Kentucky — 1.0%** | **Kentucky — 1.0%** |  |
| &nbsp;&nbsp;&nbsp; Kentucky Public Energy Authority, RB, Series A-1, <br> 4.00%, 08/01/52<sup>(a)</sup><br>| 6545 | &nbsp;&nbsp; 6726409 |
| &nbsp;&nbsp;&nbsp; Kentucky Public Transportation Infrastructure Authority, <br> RB, CAB, 0.00%, 07/01/30<sup>(c)</sup><br>| 1230 | &nbsp;&nbsp; 987477 |
| &nbsp;&nbsp;&nbsp; Louisville/Jefferson County Metropolitan Government, <br> Refunding RB, Series A, 5.00%, 10/01/32<br>| 7300 | &nbsp;&nbsp; 7414490 |
|  |  | &nbsp;&nbsp; 15128376 |
| **Louisiana — 1.2%** | **Louisiana — 1.2%** |  |
| &nbsp;&nbsp;&nbsp; Louisiana Local Government Environmental Facilities & <br> Community Development Authority, RB, 5.00%, <br> 08/15/30<br>| 4700 | &nbsp;&nbsp; 4859687 |
| &nbsp;&nbsp;&nbsp; Louisiana Local Government Environmental Facilities & <br> Community Development Authority, Refunding RB, <br> Series A, 2.00%, 06/01/30<br>| 1250 | &nbsp;&nbsp; 1159562 |
| Louisiana Public Facilities Authority, RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/29 | 465 | &nbsp;&nbsp; 470058 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 04/01/30 | 375 | &nbsp;&nbsp; 376669 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/31 | 500 | &nbsp;&nbsp; 484006 |
| Parish of st. James Louisiana, RB<sup>(a)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.10%, 06/01/38<sup>(b)</sup> | 9875 | &nbsp;&nbsp; 10855254 |
| &nbsp;&nbsp;&nbsp; 3.70%, 08/01/41 | 1000 | &nbsp;&nbsp; 1009748 |
|  |  | &nbsp;&nbsp; 19214984 |
| **Maine — 0.1%** | **Maine — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; City of Portland Maine General Airport Revenue, <br> Refunding RB, Sustainability Bonds, 4.00%, <br> 01/01/35<br>| 1000 | &nbsp;&nbsp; 1018083 |
| **Maryland — 1.9%** | **Maryland — 1.9%** |  |
| &nbsp;&nbsp;&nbsp; City of Baltimore Maryland, Refunding RB, Convertible, <br> 5.00%, 09/01/31<br>| 1250 | &nbsp;&nbsp; 1271148 |
| &nbsp;&nbsp;&nbsp; County of Prince George's Maryland, TA, 5.00%, <br> 07/01/30<sup>(b)</sup><br>| 585 | &nbsp;&nbsp; 592370 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Maryland (continued)** | **Maryland (continued)** |  |
| &nbsp;&nbsp;&nbsp; Howard County Housing Commission, RB, M/F <br> Housing, 5.00%, 12/01/33<br>| 1765 | &nbsp;&nbsp; $1831629 |
| &nbsp;&nbsp;&nbsp; Maryland Health & Higher Educational Facilities <br> Authority, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/30 | 3525 | &nbsp;&nbsp; 3842507 |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/33 | 1385 | &nbsp;&nbsp; 1423652 |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/34 | 775 | &nbsp;&nbsp; 799384 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/31 | 2865 | &nbsp;&nbsp; 2899226 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/32 | 3010 | &nbsp;&nbsp; 3045749 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/33 | 3165 | &nbsp;&nbsp; 3201919 |
| &nbsp;&nbsp;&nbsp; State of Maryland Department of Transportation, ARB, <br> 5.00%, 09/01/29<br>| 5470 | &nbsp;&nbsp; 5709802 |
| State of Maryland, GO, Series 1, 3.00%, 03/15/34 | 5000 | &nbsp;&nbsp; 4947301 |
|  |  | &nbsp;&nbsp; 29564687 |
| **Massachusetts — 1.2%** | **Massachusetts — 1.2%** |  |
| &nbsp;&nbsp;&nbsp; Commonwealth of Massachusetts, GOL, Series I, <br> 5.00%, 12/01/33<br>| 5000 | &nbsp;&nbsp; 5122814 |
| &nbsp;&nbsp;&nbsp; Massachusetts Bay Transportation Authority Sales Tax <br> Revenue, Refunding RB, Series B, 5.25%, 07/01/30<br>| 1900 | &nbsp;&nbsp; 2062819 |
| &nbsp;&nbsp;&nbsp; Massachusetts Bay Transportation Authority Sales Tax <br> Revenue, Refunding RB, CAB, Series A, 0.00%, <br> 07/01/32<sup>(c)</sup><br>| 4000 | &nbsp;&nbsp; 3228721 |
| &nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency, RB, <br> Series A, 5.00%, 01/01/33<br>| 1070 | &nbsp;&nbsp; 1084808 |
| &nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/32 | 2020 | &nbsp;&nbsp; 2076337 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/33 | 1500 | &nbsp;&nbsp; 1539562 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/34 | 2085 | &nbsp;&nbsp; 2135309 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/35 | 2000 | &nbsp;&nbsp; 2043323 |
|  |  | &nbsp;&nbsp; 19293693 |
| **Michigan — 3.3%** | **Michigan — 3.3%** |  |
| City of Detroit Michigan, GO |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 04/01/27 | 580 | &nbsp;&nbsp; 593169 |
| &nbsp;&nbsp;&nbsp; 5.00%, 04/01/28 | 665 | &nbsp;&nbsp; 691582 |
| &nbsp;&nbsp;&nbsp; 5.00%, 04/01/29 | 665 | &nbsp;&nbsp; 691512 |
| &nbsp;&nbsp;&nbsp; 5.00%, 04/01/30 | 510 | &nbsp;&nbsp; 530507 |
| &nbsp;&nbsp;&nbsp; 5.00%, 04/01/31 | 735 | &nbsp;&nbsp; 764358 |
| &nbsp;&nbsp;&nbsp; 5.00%, 04/01/32 | 625 | &nbsp;&nbsp; 649516 |
| &nbsp;&nbsp;&nbsp; 5.00%, 04/01/33 | 830 | &nbsp;&nbsp; 861407 |
| &nbsp;&nbsp;&nbsp; Kalamazoo Hospital Finance Authority, Refunding RB, <br> 5.00%, 05/15/28<br>| 5655 | &nbsp;&nbsp; 5716208 |
| &nbsp;&nbsp;&nbsp; Michigan Finance Authority, Refunding RB, 3.97%, <br> 04/15/47<sup>(a)</sup><br>| 16595 | &nbsp;&nbsp; 16544905 |
| Michigan Strategic Fund, RB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 06/30/30 | 1325 | &nbsp;&nbsp; 1381894 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 12/31/32 | 2000 | &nbsp;&nbsp; 2078296 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 4.00%, 10/01/61<sup>(a)</sup> | 3690 | &nbsp;&nbsp; 3687387 |
| Saginaw Valley State University, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/31 | 2070 | &nbsp;&nbsp; 2097510 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/32 | 1430 | &nbsp;&nbsp; 1448719 |
| &nbsp;&nbsp;&nbsp; Wayne County Airport Authority, Refunding RB, <br> Class G, AMT, 12/01/30<sup>(d)</sup><br>| 12500 | &nbsp;&nbsp; 13552740 |
|  |  | &nbsp;&nbsp; 51289710 |
| **Minnesota — 0.5%** | **Minnesota — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; City of Spring Lake Park Minnesota, RB, 4.00%, <br> 06/15/29<br>| 820 | &nbsp;&nbsp; 812385 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**BlackRock Municipal 2030 Target Term Trust (BTT)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Minnesota (continued)** | **Minnesota (continued)** |  |
| Minnesota Housing Finance Agency, RB, S/F Housing |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series L, AMT, Sustainability Bonds, (FHLMC, <br> FNMA, GNMA), 4.90%, 01/01/30<br>| 455 | &nbsp;&nbsp; $473737 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series L, AMT, Sustainability Bonds, (FHLMC, <br> FNMA, GNMA), 4.95%, 07/01/30<br>| 480 | &nbsp;&nbsp; 502763 |
| &nbsp;&nbsp;&nbsp; Sartell-St Stephen Independent School District No. <br> 748, GO, CAB<sup>(c)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, (SD CRED PROG), 0.00%, 02/01/30 | 3915 | &nbsp;&nbsp; 3347225 |
| &nbsp;&nbsp;&nbsp; Series B, (SD CRED PROG), 0.00%, 02/01/31 | 2190 | &nbsp;&nbsp; 1801494 |
| &nbsp;&nbsp;&nbsp; Series B, (SD CRED PROG), 0.00%, 02/01/32 | 1450 | &nbsp;&nbsp; 1145423 |
|  |  | &nbsp;&nbsp; 8083027 |
| **Mississippi — 1.2%** | **Mississippi — 1.2%** |  |
| Mississippi Development Bank, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, (AGM), 5.00%, 03/01/30 | 2280 | &nbsp;&nbsp; 2293306 |
| &nbsp;&nbsp;&nbsp; Series A, (AGM), 5.00%, 03/01/31 | 1595 | &nbsp;&nbsp; 1603762 |
| &nbsp;&nbsp;&nbsp; Series A, (AGM), 5.00%, 03/01/32 | 2000 | &nbsp;&nbsp; 2010487 |
| &nbsp;&nbsp;&nbsp; Series A, (AGM), 5.00%, 03/01/33 | 1275 | &nbsp;&nbsp; 1281239 |
| &nbsp;&nbsp;&nbsp; State of Mississippi Gaming Tax Revenue, RB, <br> Series E, 5.00%, 10/15/33<br>| 12225 | &nbsp;&nbsp; 12238748 |
|  |  | &nbsp;&nbsp; 19427542 |
| **Missouri — 0.8%** | **Missouri — 0.8%** |  |
| &nbsp;&nbsp;&nbsp; Health & Educational Facilities Authority of the State of <br> Missouri, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 11/15/30 | 5000 | &nbsp;&nbsp; 5054312 |
| &nbsp;&nbsp;&nbsp; 4.00%, 05/15/32 | 1680 | &nbsp;&nbsp; 1686894 |
| &nbsp;&nbsp;&nbsp; 4.00%, 05/15/33 | 2000 | &nbsp;&nbsp; 2006500 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 02/01/30 | 485 | &nbsp;&nbsp; 508986 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 11/15/33 | 2010 | &nbsp;&nbsp; 2010453 |
| &nbsp;&nbsp;&nbsp; Industrial Development Authority of the City of St. Louis <br> Missouri, Refunding RB, Series A, 3.88%, 11/15/29<br>| 635 | &nbsp;&nbsp; 612781 |
| &nbsp;&nbsp;&nbsp; St. Louis Land Clearance for Redevelopment Authority, <br> Refunding RB, 3.88%, 10/01/35<br>| 270 | &nbsp;&nbsp; 271684 |
|  |  | &nbsp;&nbsp; 12151610 |
| **Montana — 0.6%** | **Montana — 0.6%** |  |
| &nbsp;&nbsp;&nbsp; City of Forsyth Montana, Refunding RB, Series A, <br> 3.90%, 03/01/31<sup>(a)</sup><br>| 10050 | &nbsp;&nbsp; 10053346 |
| **Nebraska — 0.0%** | **Nebraska — 0.0%** |  |
| Elkhorn School District, GO, 4.00%, 12/15/33 | 375 | &nbsp;&nbsp; 388710 |
| **Nevada — 0.4%** | **Nevada — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; County of Clark Nevada, Refunding GOL, Series B, <br> 4.00%, 11/01/34<br>| 5000 | &nbsp;&nbsp; 5038264 |
| &nbsp;&nbsp;&nbsp; State of Nevada Department of Business & Industry, <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/15/27 | 150 | &nbsp;&nbsp; 150064 |
| &nbsp;&nbsp;&nbsp; Series A, 4.50%, 12/15/29<sup>(b)</sup> | 365 | &nbsp;&nbsp; 365120 |
|  |  | &nbsp;&nbsp; 5553448 |
| **New Hampshire — 1.5%** | **New Hampshire — 1.5%** |  |
| &nbsp;&nbsp;&nbsp; National Finance Authority Affordable Housing <br> Certificates, RB, Series 2024-1, Class A, 4.15%, <br> 10/20/40<br>| 19129 | &nbsp;&nbsp; 19084676 |
| &nbsp;&nbsp;&nbsp; New Hampshire Business Finance Authority, RB, <br> Series A, Sustainability Bonds, 5.00%, 06/01/30<br>| 400 | &nbsp;&nbsp; 431656 |
| &nbsp;&nbsp;&nbsp; New Hampshire Business Finance Authority, Refunding <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 01/01/28 | 285 | &nbsp;&nbsp; 286338 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **New Hampshire (continued)** | **New Hampshire (continued)** |  |
| &nbsp;&nbsp;&nbsp; New Hampshire Business Finance Authority, Refunding <br> RB (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 01/01/29 | 300 | &nbsp;&nbsp; $302199 |
| &nbsp;&nbsp;&nbsp; Class A, AMT, 4.00%, 10/01/33<sup>(a)</sup> | 3895 | &nbsp;&nbsp; 3899350 |
|  |  | &nbsp;&nbsp; 24004219 |
| **New Jersey — 13.3%** | **New Jersey — 13.3%** |  |
| New Jersey Economic Development Authority, ARB |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 09/15/29 | 4590 | &nbsp;&nbsp; 4590028 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.63%, 11/15/30 | 1740 | &nbsp;&nbsp; 1740010 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 5.63%, 11/15/30 | 1315 | &nbsp;&nbsp; 1315008 |
| New Jersey Economic Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 07/01/29 | 235 | &nbsp;&nbsp; 234039 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/15/32 | 4500 | &nbsp;&nbsp; 4708495 |
| &nbsp;&nbsp;&nbsp; Series C, 5.00%, 06/15/32 | 3600 | &nbsp;&nbsp; 3766796 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 01/01/28 | 4705 | &nbsp;&nbsp; 4712928 |
| &nbsp;&nbsp;&nbsp; New Jersey Economic Development Authority, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; (AGM), 5.00%, 06/01/28 | 1000 | &nbsp;&nbsp; 1032745 |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/01/29 | 1595 | &nbsp;&nbsp; 1632291 |
| &nbsp;&nbsp;&nbsp; (AGM), 5.00%, 06/01/30 | 1500 | &nbsp;&nbsp; 1547727 |
| &nbsp;&nbsp;&nbsp; (AGM), 5.00%, 06/01/31 | 1750 | &nbsp;&nbsp; 1805456 |
| &nbsp;&nbsp;&nbsp; (AGM), 4.00%, 06/01/32 | 2125 | &nbsp;&nbsp; 2150491 |
| &nbsp;&nbsp;&nbsp; Series MMM, 4.00%, 06/15/35 | 5000 | &nbsp;&nbsp; 5139757 |
| &nbsp;&nbsp;&nbsp; Sub-Series A, 4.00%, 07/01/32 | 9855 | &nbsp;&nbsp; 9904540 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 2.20%, 10/01/39<sup>(a)</sup> | 4000 | &nbsp;&nbsp; 3760341 |
| &nbsp;&nbsp;&nbsp; New Jersey Economic Development Authority, <br> Refunding SAB, 5.75%, 04/01/31<br>| 5000 | &nbsp;&nbsp; 5029300 |
| &nbsp;&nbsp;&nbsp; New Jersey Educational Facilities Authority, Refunding <br> RB, Series C, 5.00%, 07/01/32<br>| 1500 | &nbsp;&nbsp; 1558483 |
| &nbsp;&nbsp;&nbsp; New Jersey Health Care Facilities Financing Authority, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/29 | 2900 | &nbsp;&nbsp; 2938988 |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/30 | 2400 | &nbsp;&nbsp; 2432791 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/30 | 11245 | &nbsp;&nbsp; 11405314 |
| &nbsp;&nbsp;&nbsp; New Jersey Higher Education Student Assistance <br> Authority, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 4.00%, 12/01/32 | 360 | &nbsp;&nbsp; 359962 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 4.00%, 12/01/33 | 295 | &nbsp;&nbsp; 294948 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 4.00%, 12/01/34 | 145 | &nbsp;&nbsp; 144964 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 4.00%, 12/01/35 | 145 | &nbsp;&nbsp; 144952 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 5.00%, 12/01/30 | 10000 | &nbsp;&nbsp; 10702084 |
| &nbsp;&nbsp;&nbsp; New Jersey Higher Education Student Assistance <br> Authority, Refunding RB, Series A, AMT, 5.00%, <br> 12/01/30<br>| 1875 | &nbsp;&nbsp; 2006641 |
| &nbsp;&nbsp;&nbsp; New Jersey Housing & Mortgage Finance Agency, RB, <br> M/F Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, Sustainability Bonds, 3.05%, 11/01/29 | 7000 | &nbsp;&nbsp; 7035875 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series D-1, Sustainability Bonds, (FHLMC, FNMA, <br> GNMA), 3.05%, 11/01/29<br>| 485 | &nbsp;&nbsp; 483136 |
| &nbsp;&nbsp;&nbsp; New Jersey Housing & Mortgage Finance Agency, RB, <br> S/F Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series M, Sustainability Bonds, 3.55%, 04/01/30 | 250 | &nbsp;&nbsp; 253069 |
| &nbsp;&nbsp;&nbsp; Series M, Sustainability Bonds, 3.60%, 10/01/30 | 425 | &nbsp;&nbsp; 430384 |
| &nbsp;&nbsp;&nbsp; New Jersey Housing & Mortgage Finance Agency, <br> Refunding RB, Series A, AMT, 3.80%, 10/01/32<br>| 10165 | &nbsp;&nbsp; 10178950 |
| New Jersey Transportation Trust Fund Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/15/30 | 2550 | &nbsp;&nbsp; 2582472 |
| &nbsp;&nbsp;&nbsp; Series A, 0.00%, 12/15/30<sup>(c)</sup> | 2150 | &nbsp;&nbsp; 1851133 |
| &nbsp;&nbsp;&nbsp; Series BB, 5.00%, 12/15/28<sup>(g)</sup> | 230 | &nbsp;&nbsp; 247113 |
| &nbsp;&nbsp;&nbsp; Series BB, 5.00%, 06/15/30 | 1270 | &nbsp;&nbsp; 1357647 |

---

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**BlackRock Municipal 2030 Target Term Trust (BTT)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **New Jersey (continued)** | **New Jersey (continued)** |  |
| &nbsp;&nbsp;&nbsp; New Jersey Transportation Trust Fund Authority, <br> RB (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series C, (NPFGC), 0.00%, 12/15/30<sup>(c)</sup> | 35000 | &nbsp;&nbsp; $30134716 |
| &nbsp;&nbsp;&nbsp; New Jersey Transportation Trust Fund Authority, <br> Refunding RB, Series A, 5.00%, 06/15/30<br>| 11600 | &nbsp;&nbsp; 11747004 |
| &nbsp;&nbsp;&nbsp; Newark Housing Authority, Refunding RB, (NPFGC), <br> 5.25%, 01/01/27<br>| 5000 | &nbsp;&nbsp; 5101172 |
| State of New Jersey, GO, Series A, 4.00%, 06/01/30 | 24000 | &nbsp;&nbsp; 25445899 |
| Tobacco Settlement Financing Corp., Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/30 | 16740 | &nbsp;&nbsp; 17563320 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/32 | 8270 | &nbsp;&nbsp; 8630726 |
|  |  | &nbsp;&nbsp; 208101695 |
| **New Mexico — 0.8%** | **New Mexico — 0.8%** |  |
| &nbsp;&nbsp;&nbsp; City of Santa Fe New Mexico, Refunding RB, 5.00%, <br> 05/15/32<br>| 1000 | &nbsp;&nbsp; 1000660 |
| New Mexico Educational Assistance Foundation, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, AMT, (GTD STD LNS), 3.75%, 09/01/31 | 100 | &nbsp;&nbsp; 100018 |
| &nbsp;&nbsp;&nbsp; Series A-1, AMT, (GTD STD LNS), 3.88%, 04/01/34 | 20 | &nbsp;&nbsp; 19951 |
| &nbsp;&nbsp;&nbsp; Series A-2, AMT, (GTD STD LNS), 3.80%, 11/01/32 | 100 | &nbsp;&nbsp; 100012 |
| &nbsp;&nbsp;&nbsp; Series A-2, AMT, (GTD STD LNS), 3.80%, 09/01/33 | 100 | &nbsp;&nbsp; 99711 |
| &nbsp;&nbsp;&nbsp; New Mexico Municipal Energy Acquisition Authority, <br> Refunding RB, 5.00%, 06/01/54<sup>(a)</sup><br>| 10000 | &nbsp;&nbsp; 10733378 |
|  |  | &nbsp;&nbsp; 12053730 |
| **New York — 9.3%** | **New York — 9.3%** |  |
| City of New York, GO, Series B-1, 5.00%, 12/01/33 | 4000 | &nbsp;&nbsp; 4080817 |
| &nbsp;&nbsp;&nbsp; Genesee County Funding Corp., Refunding RB, <br> Series A, 5.00%, 12/01/30<br>| 500 | &nbsp;&nbsp; 541176 |
| &nbsp;&nbsp;&nbsp; Metropolitan Transportation Authority Dedicated Tax <br> Fund, Refunding RB, CAB, Series A, 0.00%, <br> 11/15/30<sup>(c)</sup><br>| 13000 | &nbsp;&nbsp; 11187557 |
| Metropolitan Transportation Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 2nd Sub Series, (AGM), 3.66%, 11/01/32<sup>(a)</sup> | 2875 | &nbsp;&nbsp; 2875591 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sub-Series C-1, Sustainability Bonds, 5.00%, <br> 11/15/34<br>| 10000 | &nbsp;&nbsp; 10463437 |
| &nbsp;&nbsp;&nbsp; New York City Housing Development Corp., RB, M/F <br> Housing, Series C-2, Sustainability Bonds, 3.75%, <br> 05/01/65<sup>(a)</sup><br>| 12075 | &nbsp;&nbsp; 12253555 |
| &nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future <br> Tax Secured Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Sub-Series B-1, 5.00%, 08/01/30 | 4980 | &nbsp;&nbsp; 5167542 |
| &nbsp;&nbsp;&nbsp; Series H-1, Subordinate, 5.00%, 11/01/30 | 1400 | &nbsp;&nbsp; 1557408 |
| New York State Environmental Facilities Corp., RB<sup>(a)(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; AMT, 3.13%, 12/01/44 | 3000 | &nbsp;&nbsp; 2983357 |
| &nbsp;&nbsp;&nbsp; AMT, 4.25%, 09/01/50 | 2000 | &nbsp;&nbsp; 2024062 |
| &nbsp;&nbsp;&nbsp; AMT, 5.13%, 09/01/50 | 2250 | &nbsp;&nbsp; 2358840 |
| &nbsp;&nbsp;&nbsp; New York State Housing Finance Agency, RB, M/F <br> Housing, Series A-2, Sustainability Bonds, 3.45%, <br> 06/15/54<sup>(a)</sup><br>| 5580 | &nbsp;&nbsp; 5621828 |
| New York Transportation Development Corp., ARB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 01/01/30 | 2590 | &nbsp;&nbsp; 2680261 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 01/01/31 | 7595 | &nbsp;&nbsp; 7839087 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 4.00%, 07/01/32 | 5500 | &nbsp;&nbsp; 5472796 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 4.00%, 07/01/33 | 6000 | &nbsp;&nbsp; 5983973 |
| New York Transportation Development Corp., RB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, 4.00%, 10/01/30 | 15090 | &nbsp;&nbsp; 15378863 |
| &nbsp;&nbsp;&nbsp; AMT, 4.00%, 10/31/34 | 350 | &nbsp;&nbsp; 352798 |
| &nbsp;&nbsp;&nbsp; New York Transportation Development Corp., <br> Refunding ARB, AMT, 3.00%, 08/01/31<br>| 2775 | &nbsp;&nbsp; 2626173 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **New York (continued)** | **New York (continued)** |  |
| &nbsp;&nbsp;&nbsp; New York Transportation Development Corp., <br> Refunding RB, AMT, 5.00%, 08/01/31<br>| 5000 | &nbsp;&nbsp; $5001116 |
| &nbsp;&nbsp;&nbsp; Port Authority of New York & New Jersey, Refunding <br> ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series 207, AMT, 4.00%, 03/15/30 | 10445 | &nbsp;&nbsp; 10653916 |
| &nbsp;&nbsp;&nbsp; Series 223, AMT, 5.00%, 07/15/30 | 3730 | &nbsp;&nbsp; 4051841 |
| &nbsp;&nbsp;&nbsp; Series 246, AMT, 5.00%, 09/01/30 | 10000 | &nbsp;&nbsp; 10884769 |
| &nbsp;&nbsp;&nbsp; Port Authority of New York & New Jersey, Refunding <br> RB, Series 227, AMT, 3.00%, 10/01/30<br>| 13990 | &nbsp;&nbsp; 13853575 |
|  |  | &nbsp;&nbsp; 145894338 |
| **North Carolina — 2.3%** | **North Carolina — 2.3%** |  |
| &nbsp;&nbsp;&nbsp; City of Raleigh North Carolina Combined Enterprise <br> System Revenue, Refunding RB, Series A, 4.00%, <br> 12/01/35<br>| 7315 | &nbsp;&nbsp; 7317830 |
| North Carolina Medical Care Commission, RB |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/01/33 | 180 | &nbsp;&nbsp; 180923 |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/01/34 | 185 | &nbsp;&nbsp; 185084 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 06/01/55<sup>(a)</sup> | 23900 | &nbsp;&nbsp; 26226034 |
| &nbsp;&nbsp;&nbsp; North Carolina Turnpike Authority, Refunding RB, CAB, <br> Series C, (SAP), 0.00%, 07/01/30<sup>(c)</sup><br>| 550 | &nbsp;&nbsp; 449453 |
| State of North Carolina, RB, Series A, 3.00%, 05/01/29 | 1565 | &nbsp;&nbsp; 1539656 |
|  |  | &nbsp;&nbsp; 35898980 |
| **Ohio — 1.3%** | **Ohio — 1.3%** |  |
| &nbsp;&nbsp;&nbsp; Allen County Port Authority, Refunding RB, Series A, <br> 4.00%, 12/01/31<br>| 460 | &nbsp;&nbsp; 456561 |
| Ohio Air Quality Development Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 3.25%, 09/01/29 | 4450 | &nbsp;&nbsp; 4382784 |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/01/30<sup>(a)</sup> | 1650 | &nbsp;&nbsp; 1675181 |
| &nbsp;&nbsp;&nbsp; AMT, 4.25%, 11/01/40<sup>(a)</sup> | 2150 | &nbsp;&nbsp; 2183717 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 4.25%, 11/01/39<sup>(a)</sup> | 1525 | &nbsp;&nbsp; 1549386 |
| &nbsp;&nbsp;&nbsp; Ohio State University, RB, Class A, Sustainability <br> Bonds, 5.00%, 12/01/30<br>| 3320 | &nbsp;&nbsp; 3713593 |
| State of Ohio, RB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, (AGM), 5.00%, 12/31/29 | 1625 | &nbsp;&nbsp; 1627953 |
| &nbsp;&nbsp;&nbsp; AMT, (AGM), 5.00%, 12/31/30 | 4585 | &nbsp;&nbsp; 4592858 |
|  |  | &nbsp;&nbsp; 20182033 |
| **Oklahoma — 0.1%** | **Oklahoma — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Oklahoma Capitol Improvement Authority, RB, <br> Series B, 5.00%, 07/01/30<br>| 2150 | &nbsp;&nbsp; 2385712 |
| **Oregon — 2.1%** | **Oregon — 2.1%** |  |
| &nbsp;&nbsp;&nbsp; Oregon Health & Science University, Refunding RB, <br> Series B, 5.00%, 07/01/35<br>| 7390 | &nbsp;&nbsp; 7468392 |
| &nbsp;&nbsp;&nbsp; Port of Morrow Oregon, ARB, Series A, 5.15%, <br> 10/01/26<sup>(b)</sup><br>| 17000 | &nbsp;&nbsp; 16999558 |
| &nbsp;&nbsp;&nbsp; Port of Morrow Oregon, Refunding ARB, Series A, <br> 4.00%, 06/01/30<br>| 1205 | &nbsp;&nbsp; 1222097 |
| &nbsp;&nbsp;&nbsp; Port of Morrow Oregon, Refunding GOL, Series D, <br> 4.00%, 12/01/30<br>| 880 | &nbsp;&nbsp; 894086 |
| &nbsp;&nbsp;&nbsp; State of Oregon Housing & Community Services <br> Department, RB, M/F Housing, Class R, 4.00%, <br> 01/10/48<sup>(a)</sup><br>| 6000 | &nbsp;&nbsp; 6098926 |
|  |  | &nbsp;&nbsp; 32683059 |
| **Pennsylvania — 16.2%** | **Pennsylvania — 16.2%** |  |
| &nbsp;&nbsp;&nbsp; Allegheny County Higher Education Building Authority, <br> Refunding RB, 3.28%, 02/01/33<sup>(a)</sup><br>| 5485 | &nbsp;&nbsp; 5460484 |
| &nbsp;&nbsp;&nbsp; Allegheny County Hospital Development Authority, RB, <br> Series D2, 3.92%, 11/15/47<sup>(a)</sup><br>| 5205 | &nbsp;&nbsp; 5153538 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**BlackRock Municipal 2030 Target Term Trust (BTT)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Pennsylvania (continued)** | **Pennsylvania (continued)** |  |
| &nbsp;&nbsp;&nbsp; Allegheny County Hospital Development Authority, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 04/01/31 | $3075 | &nbsp;&nbsp; $3209466 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 04/01/34 | 3345 | &nbsp;&nbsp; 3474231 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 04/01/35 | 1000 | &nbsp;&nbsp; 1035920 |
| &nbsp;&nbsp;&nbsp; Allentown City School District, Refunding GOL, <br> Series B, (BAM SAW), 5.00%, 02/01/31<br>| 4000 | &nbsp;&nbsp; 4265927 |
| &nbsp;&nbsp;&nbsp; Allentown Neighborhood Improvement Zone <br> Development Authority, RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/28 | 520 | &nbsp;&nbsp; 533571 |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/32 | 9310 | &nbsp;&nbsp; 9480728 |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/33 | 1900 | &nbsp;&nbsp; 1956148 |
| &nbsp;&nbsp;&nbsp; Chester County Health and Education Facilities <br> Authority, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/01/30 | 550 | &nbsp;&nbsp; 586502 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 12/01/30 | 2180 | &nbsp;&nbsp; 2052483 |
| &nbsp;&nbsp;&nbsp; Chester County Industrial Development Authority, SAB, <br> 4.38%, 03/01/28<sup>(b)</sup><br>| 96 | &nbsp;&nbsp; 95966 |
| &nbsp;&nbsp;&nbsp; City of Philadelphia Pennsylvania Airport Revenue, <br> Refunding RB, Series A, 5.00%, 07/01/30<br>| 5000 | &nbsp;&nbsp; 5540269 |
| &nbsp;&nbsp;&nbsp; City of Philadelphia Pennsylvania, Refunding GO, <br> (AGM), 4.00%, 08/01/32<br>| 6000 | &nbsp;&nbsp; 6112667 |
| &nbsp;&nbsp;&nbsp; Clarion County Industrial Development Authority, <br> Refunding RB, AMT, 2.45%, 12/01/39<sup>(a)</sup><br>| 4200 | &nbsp;&nbsp; 3863238 |
| Commonwealth Financing Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/01/32 | 8055 | &nbsp;&nbsp; 8465528 |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/01/33 | 3560 | &nbsp;&nbsp; 3733913 |
| &nbsp;&nbsp;&nbsp; Commonwealth of Pennsylvania, GO, 1st Series, <br> 5.00%, 08/15/30<br>| 7500 | &nbsp;&nbsp; 8321155 |
| &nbsp;&nbsp;&nbsp; Commonwealth of Pennsylvania, Refunding GO, 1st <br> Series, 4.00%, 01/01/29<br>| 1525 | &nbsp;&nbsp; 1547413 |
| Cumberland County Municipal Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/01/29 | 385 | &nbsp;&nbsp; 385218 |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/01/30 | 875 | &nbsp;&nbsp; 875514 |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/01/32 | 1510 | &nbsp;&nbsp; 1511807 |
| &nbsp;&nbsp;&nbsp; Dauphin County General Authority, Refunding RB, <br> Series A, 4.00%, 06/01/31<br>| 2275 | &nbsp;&nbsp; 2284564 |
| &nbsp;&nbsp;&nbsp; East Hempfield Township Industrial Development <br> Authority, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 12/01/28 | 370 | &nbsp;&nbsp; 370173 |
| &nbsp;&nbsp;&nbsp; 5.00%, 12/01/30 | 135 | &nbsp;&nbsp; 135070 |
| Geisinger Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 04/01/43<sup>(a)</sup> | 2000 | &nbsp;&nbsp; 2142230 |
| &nbsp;&nbsp;&nbsp; Series A-2, 5.00%, 02/15/32 | 4000 | &nbsp;&nbsp; 4100465 |
| &nbsp;&nbsp;&nbsp; Series A-2, 5.00%, 02/15/34 | 1750 | &nbsp;&nbsp; 1788336 |
| &nbsp;&nbsp;&nbsp; Lancaster County Hospital Authority, Refunding RB, <br> 3.00%, 08/15/30<br>| 2535 | &nbsp;&nbsp; 2538707 |
| Lancaster Municipal Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 05/01/29 | 190 | &nbsp;&nbsp; 199926 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 05/01/30 | 195 | &nbsp;&nbsp; 208006 |
| &nbsp;&nbsp;&nbsp; Lehigh County Industrial Development Authority, <br> Refunding RB, Series A, 3.00%, 09/01/29<br>| 13500 | &nbsp;&nbsp; 13500379 |
| &nbsp;&nbsp;&nbsp; Montgomery County Higher Education and Health <br> Authority, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/01/35 | 1735 | &nbsp;&nbsp; 1756732 |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/01/36 | 1500 | &nbsp;&nbsp; 1507571 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 09/01/31 | 1750 | &nbsp;&nbsp; 1850625 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 09/01/32 | 1315 | &nbsp;&nbsp; 1387163 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Pennsylvania (continued)** | **Pennsylvania (continued)** |  |
| &nbsp;&nbsp;&nbsp; Montgomery County Industrial Development Authority, <br> Refunding RB, 5.00%, 01/01/30<br>| $2000 | &nbsp;&nbsp; $2000731 |
| &nbsp;&nbsp;&nbsp; Northampton County General Purpose Authority, <br> Refunding RB, 5.00%, 11/01/34<br>| 1400 | &nbsp;&nbsp; 1451923 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Economic Development Financing <br> Authority, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 12/31/29 | 5000 | &nbsp;&nbsp; 5045881 |
| &nbsp;&nbsp;&nbsp; 5.00%, 12/31/30 | 13100 | &nbsp;&nbsp; 13215821 |
| &nbsp;&nbsp;&nbsp; 5.00%, 12/31/34 | 16500 | &nbsp;&nbsp; 16613847 |
| &nbsp;&nbsp;&nbsp; Series A-1, 5.00%, 04/15/30 | 2500 | &nbsp;&nbsp; 2720006 |
| &nbsp;&nbsp;&nbsp; Series A-1, 5.00%, 05/15/31 | 5715 | &nbsp;&nbsp; 6290095 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 12/31/29 | 3750 | &nbsp;&nbsp; 4003641 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 06/30/30 | 3500 | &nbsp;&nbsp; 3758545 |
| &nbsp;&nbsp;&nbsp; Class A, AMT, 4.00%, 06/01/41<sup>(a)</sup> | 3795 | &nbsp;&nbsp; 3798754 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Economic Development Financing <br> Authority, Refunding RB, 5.00%, 03/15/60<sup>(a)</sup><br>| 3500 | &nbsp;&nbsp; 3801703 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Higher Education Assistance Agency, <br> RB, Series 1A, AMT, 5.00%, 06/01/30<br>| 3500 | &nbsp;&nbsp; 3699206 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Higher Educational Facilities Authority, <br> RB, Series AT-1, 5.00%, 06/15/30<br>| 6625 | &nbsp;&nbsp; 6700377 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Higher Educational Facilities Authority, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/31 | 275 | &nbsp;&nbsp; 276643 |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/33 | 3320 | &nbsp;&nbsp; 3337522 |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/35 | 1000 | &nbsp;&nbsp; 1004295 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Housing Finance Agency, RB, S/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series 137, Sustainability Bonds, 1.90%, 04/01/30 | 1625 | &nbsp;&nbsp; 1517910 |
| &nbsp;&nbsp;&nbsp; Series 137, Sustainability Bonds, 1.95%, 10/01/30 | 875 | &nbsp;&nbsp; 814553 |
| &nbsp;&nbsp;&nbsp; Series 149A, Sustainability Bonds, 5.25%, 04/01/30 | 200 | &nbsp;&nbsp; 217952 |
| &nbsp;&nbsp;&nbsp; Series 149A, Sustainability Bonds, 5.25%, 10/01/30 | 500 | &nbsp;&nbsp; 547944 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Housing Finance Agency, Refunding RB, <br> Series 125A, AMT, 3.40%, 10/01/32<br>| 8890 | &nbsp;&nbsp; 8689429 |
| Pennsylvania Turnpike Commission, RB |  |  |
| &nbsp;&nbsp;&nbsp; Sub-Series B-1, 5.00%, 06/01/31 | 3000 | &nbsp;&nbsp; 3106361 |
| &nbsp;&nbsp;&nbsp; Sub-Series B-1, 5.00%, 06/01/32 | 4075 | &nbsp;&nbsp; 4215956 |
| Pennsylvania Turnpike Commission, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 2nd Sub Series, 5.00%, 12/01/32 | 1000 | &nbsp;&nbsp; 1046692 |
| &nbsp;&nbsp;&nbsp; 2nd Sub Series, 5.00%, 12/01/33 | 1815 | &nbsp;&nbsp; 1893911 |
| &nbsp;&nbsp;&nbsp; 2nd Sub Series, 5.00%, 12/01/34 | 1500 | &nbsp;&nbsp; 1561998 |
| &nbsp;&nbsp;&nbsp; 2nd Sub Series, 5.00%, 12/01/35 | 2005 | &nbsp;&nbsp; 2083734 |
| &nbsp;&nbsp;&nbsp; Philadelphia Authority for Industrial Development, RB, <br> 4.00%, 06/15/29<br>| 200 | &nbsp;&nbsp; 195913 |
| &nbsp;&nbsp;&nbsp; Philadelphia Gas Works Co., Refunding RB, <br> Series 14-T, 5.00%, 10/01/30<br>| 425 | &nbsp;&nbsp; 432164 |
| School District of Philadelphia, GOL |  |  |
| &nbsp;&nbsp;&nbsp; Series A, (SAW), 5.00%, 09/01/26 | 3250 | &nbsp;&nbsp; 3308925 |
| &nbsp;&nbsp;&nbsp; Series A, (SAW), 5.00%, 09/01/27 | 2675 | &nbsp;&nbsp; 2775670 |
| &nbsp;&nbsp;&nbsp; Series A, (SAW), 5.00%, 09/01/28 | 1630 | &nbsp;&nbsp; 1725589 |
| &nbsp;&nbsp;&nbsp; Southeastern Pennsylvania Transportation Authority, <br> RB, 5.00%, 06/01/30<br>| 5000 | &nbsp;&nbsp; 5486717 |
| &nbsp;&nbsp;&nbsp; Wayne County Hospital & Health Facilities Authority, <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, (GTD), 5.00%, 07/01/31 | 105 | &nbsp;&nbsp; 108130 |
| &nbsp;&nbsp;&nbsp; Series A, (GTD), 4.00%, 07/01/33 | 440 | &nbsp;&nbsp; 443525 |
| &nbsp;&nbsp;&nbsp; West Cornwall Township Municipal Authority, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 11/15/27 | 130 | &nbsp;&nbsp; 129478 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 11/15/28 | 105 | &nbsp;&nbsp; 104506 |

---

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**BlackRock Municipal 2030 Target Term Trust (BTT)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Pennsylvania (continued)** | **Pennsylvania (continued)** |  |
| &nbsp;&nbsp;&nbsp; West Cornwall Township Municipal Authority, <br> Refunding RB (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 11/15/29 | 140 | &nbsp;&nbsp; $139329 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 11/15/31 | 200 | &nbsp;&nbsp; 198998 |
| &nbsp;&nbsp;&nbsp; Westmoreland County Municipal Authority, Refunding <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; (BAM), 5.00%, 08/15/31 | 5000 | &nbsp;&nbsp; 5196032 |
| &nbsp;&nbsp;&nbsp; (BAM), 5.00%, 08/15/32 | 17945 | &nbsp;&nbsp; 18643613 |
|  |  | &nbsp;&nbsp; 253735652 |
| **Puerto Rico — 3.7%** | **Puerto Rico — 3.7%** |  |
| Commonwealth of Puerto Rico, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 5.63%, 07/01/27 | 6990 | &nbsp;&nbsp; 7186367 |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 5.63%, 07/01/29 | 1534 | &nbsp;&nbsp; 1637755 |
| &nbsp;&nbsp;&nbsp; Puerto Rico Sales Tax Financing Corp. Sales Tax <br> Revenue, RB, CAB<sup>(c)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 0.00%, 07/01/29 | 14055 | &nbsp;&nbsp; 12425136 |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 0.00%, 07/01/31 | 33523 | &nbsp;&nbsp; 27414841 |
| &nbsp;&nbsp;&nbsp; Series B-1, Restructured, 0.00%, 07/01/31 | 5755 | &nbsp;&nbsp; 4706393 |
| &nbsp;&nbsp;&nbsp; Series B-1, Restructured, 0.00%, 07/01/33 | 6477 | &nbsp;&nbsp; 4904245 |
|  |  | &nbsp;&nbsp; 58274737 |
| **Rhode Island — 0.9%** | **Rhode Island — 0.9%** |  |
| Rhode Island Student Loan Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 12/01/29 | 1950 | &nbsp;&nbsp; 2061038 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 12/01/30 | 1300 | &nbsp;&nbsp; 1380078 |
| Tobacco Settlement Financing Corp., Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/28 | 2750 | &nbsp;&nbsp; 2762443 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/29 | 4500 | &nbsp;&nbsp; 4520361 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/30 | 4215 | &nbsp;&nbsp; 4234097 |
|  |  | &nbsp;&nbsp; 14958017 |
| **South Carolina — 1.2%** | **South Carolina — 1.2%** |  |
| &nbsp;&nbsp;&nbsp; County of Charleston South Carolina, GO, Series A, <br> (SAW), 4.00%, 11/01/30<br>| 4885 | &nbsp;&nbsp; 5000726 |
| &nbsp;&nbsp;&nbsp; South Carolina Jobs-Economic Development Authority, <br> Refunding RB, Series A, 5.00%, 05/01/35<br>| 10000 | &nbsp;&nbsp; 10432005 |
| &nbsp;&nbsp;&nbsp; South Carolina Public Service Authority, Refunding RB, <br> Series A, 5.00%, 12/01/31<br>| 2800 | &nbsp;&nbsp; 3085598 |
|  |  | &nbsp;&nbsp; 18518329 |
| **Tennessee — 1.6%** | **Tennessee — 1.6%** |  |
| &nbsp;&nbsp;&nbsp; Chattanooga Health Educational & Housing Facility <br> Board, Refunding RB, Series A, 4.00%, 08/01/36<br>| 2000 | &nbsp;&nbsp; 2025939 |
| &nbsp;&nbsp;&nbsp; Metropolitan Government Nashville & Davidson County <br> Health & Educational Fcilities Board, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Class A, 5.00%, 07/01/29 | 10000 | &nbsp;&nbsp; 10706823 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/31 | 1300 | &nbsp;&nbsp; 1316232 |
| Tennergy Corp., RB, Series A, 4.00%, 12/01/51<sup>(a)</sup> | 6000 | &nbsp;&nbsp; 6126599 |
| &nbsp;&nbsp;&nbsp; Tennessee Energy Acquisition Corp., RB, Series A, <br> 5.00%, 05/01/52<sup>(a)</sup><br>| 5000 | &nbsp;&nbsp; 5393379 |
|  |  | &nbsp;&nbsp; 25568972 |
| **Texas — 11.7%** | **Texas — 11.7%** |  |
| &nbsp;&nbsp;&nbsp; City of Austin Texas Airport System Revenue, ARB, <br> AMT, 5.00%, 11/15/30<br>| 2000 | &nbsp;&nbsp; 2183859 |
| City of Houston Texas Airport System Revenue, ARB |  |  |
| &nbsp;&nbsp;&nbsp; Series B-1, AMT, 5.00%, 07/15/30 | 1900 | &nbsp;&nbsp; 1900012 |
| &nbsp;&nbsp;&nbsp; Series C, AMT, 5.00%, 07/15/28 | 3000 | &nbsp;&nbsp; 3086612 |
| &nbsp;&nbsp;&nbsp; City of Houston Texas Airport System Revenue, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Sub-Series D, 5.00%, 07/01/33 | 7000 | &nbsp;&nbsp; 7381097 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 07/01/29 | 11490 | &nbsp;&nbsp; 11490070 |
| &nbsp;&nbsp;&nbsp; Series C, AMT, 5.00%, 07/15/27 | 5150 | &nbsp;&nbsp; 5252991 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Texas (continued)** | **Texas (continued)** |  |
| &nbsp;&nbsp;&nbsp; City of Houston Texas Airport System Revenue, <br> Refunding RB (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; Sub-Series A, AMT, 5.00%, 07/01/30 | 1200 | &nbsp;&nbsp; $1300517 |
| &nbsp;&nbsp;&nbsp; City of Houston Texas Combined Utility System <br> Revenue, Refunding RB, Series B, 1st Lien, <br> Subordinate, 5.00%, 11/15/34<br>| 7315 | &nbsp;&nbsp; 7465666 |
| &nbsp;&nbsp;&nbsp; Clifton Higher Education Finance Corp., Refunding RB, <br> Series A, 3.95%, 12/01/32<br>| 1495 | &nbsp;&nbsp; 1495230 |
| &nbsp;&nbsp;&nbsp; Dallas Fort Worth International Airport, ARB, <br> Series A-2, AMT, 5.00%, 11/01/50<sup>(a)</sup><br>| 7500 | &nbsp;&nbsp; 7931783 |
| &nbsp;&nbsp;&nbsp; Dallas Fort Worth International Airport, Refunding RB, <br> 5.00%, 11/01/32<br>| 2500 | &nbsp;&nbsp; 2763305 |
| &nbsp;&nbsp;&nbsp; Harris County Cultural Education Facilities Finance <br> Corp., RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/38 | 2275 | &nbsp;&nbsp; 2295921 |
| &nbsp;&nbsp;&nbsp; Series B, 5.75%, 01/01/28 | 460 | &nbsp;&nbsp; 460688 |
| &nbsp;&nbsp;&nbsp; Series B, 6.38%, 01/01/33 | 40 | &nbsp;&nbsp; 40080 |
| &nbsp;&nbsp;&nbsp; Harris County Cultural Education Facilities Finance <br> Corp., Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/28 | 735 | &nbsp;&nbsp; 729871 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/33 | 600 | &nbsp;&nbsp; 600500 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/33 | 3000 | &nbsp;&nbsp; 2940106 |
| &nbsp;&nbsp;&nbsp; Love Field Airport Modernization Corp., ARB, AMT, <br> 5.00%, 11/01/26<br>| 430 | &nbsp;&nbsp; 437660 |
| &nbsp;&nbsp;&nbsp; Lower Colorado River Authority, Refunding RB, <br> Series A, 5.00%, 05/15/30<br>| 3415 | &nbsp;&nbsp; 3750847 |
| &nbsp;&nbsp;&nbsp; Matagorda County Navigation District No. 1, Refunding <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, (AMBAC), 4.40%, 05/01/30 | 7885 | &nbsp;&nbsp; 8227597 |
| &nbsp;&nbsp;&nbsp; Series B, (AMBAC), 4.55%, 05/01/30 | 12055 | &nbsp;&nbsp; 12592203 |
| &nbsp;&nbsp;&nbsp; Series B-2, 4.00%, 06/01/30 | 10100 | &nbsp;&nbsp; 10103344 |
| &nbsp;&nbsp;&nbsp; AMT, 4.25%, 05/01/30 | 6855 | &nbsp;&nbsp; 7139336 |
| &nbsp;&nbsp;&nbsp; Midland County Fresh Water Supply District No. 1, RB, <br> CAB, Series A, 0.00%, 09/15/27<sup>(c)(g)</sup><br>| 20370 | &nbsp;&nbsp; 15504097 |
| &nbsp;&nbsp;&nbsp; New Hope Cultural Education Facilities Finance Corp., <br> RB, Series A, 4.00%, 08/15/29<sup>(b)</sup><br>| 225 | &nbsp;&nbsp; 224929 |
| &nbsp;&nbsp;&nbsp; Port Authority of Houston of Harris County Texas, ARB, <br> 1st Lien, 5.00%, 10/01/30<br>| 2000 | &nbsp;&nbsp; 2213999 |
| &nbsp;&nbsp;&nbsp; Socorro Independent School District, Refunding GO, <br> Series B, (PSF), 4.00%, 08/15/34<br>| 2275 | &nbsp;&nbsp; 2298894 |
| &nbsp;&nbsp;&nbsp; Spring Branch Independent School District, GO, (PSF), <br> 3.00%, 02/01/33<br>| 5000 | &nbsp;&nbsp; 5015253 |
| &nbsp;&nbsp;&nbsp; Tarrant County Cultural Education Facilities Finance <br> Corp., RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Class F, 5.00%, 11/15/52<sup>(a)</sup> | 3585 | &nbsp;&nbsp; 3891260 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 07/01/35 | 9435 | &nbsp;&nbsp; 9941374 |
| &nbsp;&nbsp;&nbsp; Texas Municipal Gas Acquisition & Supply Corp. III, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 12/15/30 | 8935 | &nbsp;&nbsp; 9575876 |
| &nbsp;&nbsp;&nbsp; 5.00%, 12/15/32 | 9080 | &nbsp;&nbsp; 9914379 |
| &nbsp;&nbsp;&nbsp; Texas Municipal Gas Acquisition & Supply Corp. IV, <br> RB, Series A, 5.50%, 01/01/54<sup>(a)</sup><br>| 13000 | &nbsp;&nbsp; 13936121 |
| &nbsp;&nbsp;&nbsp; Texas Municipal Gas Acquisition & Supply Corp. V, RB, <br> 5.00%, 01/01/55<sup>(a)</sup><br>| 8100 | &nbsp;&nbsp; 8915386 |
|  |  | &nbsp;&nbsp; 183000863 |
| **Utah — 0.5%** | **Utah — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; City of Salt Lake City Utah Airport Revenue, ARB, <br> Series A, AMT, 5.00%, 07/01/30<br>| 6475 | &nbsp;&nbsp; 7029098 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**BlackRock Municipal 2030 Target Term Trust (BTT)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Utah (continued)** | **Utah (continued)** |  |
| &nbsp;&nbsp;&nbsp; Downtown Revitalization Public Infrastructure District, <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 1st Lien, (AGM), 5.00%, 06/01/30 | 700 | &nbsp;&nbsp; $767508 |
| &nbsp;&nbsp;&nbsp; Series B, 2nd Lien, (AGM), 5.00%, 06/01/30 | 760 | &nbsp;&nbsp; 830557 |
|  |  | &nbsp;&nbsp; 8627163 |
| **Vermont — 0.3%** | **Vermont — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; Vermont Economic Development Authority, RB, AMT, <br> 5.00%, 06/01/52<sup>(a)(b)</sup><br>| 4000 | &nbsp;&nbsp; 4051644 |
| **Virginia — 1.3%** | **Virginia — 1.3%** |  |
| &nbsp;&nbsp;&nbsp; Hanover County Economic Development Authority, <br> Refunding RB, 4.00%, 07/01/30<sup>(b)</sup><br>| 1000 | &nbsp;&nbsp; 998947 |
| &nbsp;&nbsp;&nbsp; Roanoke Economic Development Authority, RB, <br> 5.00%, 07/01/30<br>| 4665 | &nbsp;&nbsp; 5125535 |
| &nbsp;&nbsp;&nbsp; Roanoke Economic Development Authority, Refunding <br> RB, 5.00%, 07/01/53<sup>(a)</sup><br>| 7960 | &nbsp;&nbsp; 8580076 |
| &nbsp;&nbsp;&nbsp; Virginia Commonwealth Transportation Board, RB, <br> 5.00%, 09/15/30<br>| 5000 | &nbsp;&nbsp; 5090557 |
|  |  | &nbsp;&nbsp; 19795115 |
| **Washington — 3.2%** | **Washington — 3.2%** |  |
| &nbsp;&nbsp;&nbsp; County of King Washington Sewer Revenue, <br> Refunding RB, Series A, Junior Lien, 3.45%, <br> 01/01/40<sup>(a)</sup><br>| 4050 | &nbsp;&nbsp; 4011524 |
| Port of Seattle Washington, ARB |  |  |
| &nbsp;&nbsp;&nbsp; Series C, AMT, Intermediate Lien, 5.00%, 05/01/33 | 6695 | &nbsp;&nbsp; 6846679 |
| &nbsp;&nbsp;&nbsp; Series C, AMT, Intermediate Lien, 5.00%, 05/01/34 | 6000 | &nbsp;&nbsp; 6125384 |
| Port of Seattle Washington, Refunding ARB |  |  |
| &nbsp;&nbsp;&nbsp; Series C, AMT, 5.00%, 08/01/30 | 1000 | &nbsp;&nbsp; 1092086 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, Intermediate Lien, 5.00%, 07/01/30 | 3000 | &nbsp;&nbsp; 3271723 |
| &nbsp;&nbsp;&nbsp; Washington Health Care Facilities Authority, RB, <br> Class B, 5.00%, 10/01/30<br>| 10000 | &nbsp;&nbsp; 10946006 |
| &nbsp;&nbsp;&nbsp; Washington Health Care Facilities Authority, Refunding <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 09/01/30 | 1600 | &nbsp;&nbsp; 1743666 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 08/15/35 | 9485 | &nbsp;&nbsp; 9732636 |
| &nbsp;&nbsp;&nbsp; Washington State Convention Center Public Facilities <br> District, RB, Sustainability Bonds, 4.00%, 07/01/31<br>| 4240 | &nbsp;&nbsp; 4367670 |
| &nbsp;&nbsp;&nbsp; Washington State Housing Finance Commission, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/26 | 285 | &nbsp;&nbsp; 287526 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/27 | 350 | &nbsp;&nbsp; 358213 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/28 | 550 | &nbsp;&nbsp; 570780 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/29 | 775 | &nbsp;&nbsp; 815208 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/30 | 815 | &nbsp;&nbsp; 867697 |
|  |  | &nbsp;&nbsp; 51036798 |
| **West Virginia — 0.2%** | **West Virginia — 0.2%** |  |
| West Virginia Hospital Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/31 | 1950 | &nbsp;&nbsp; 2013476 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/33 | 1100 | &nbsp;&nbsp; 1131643 |
|  |  | &nbsp;&nbsp; 3145119 |
| **Wisconsin — 2.7%** | **Wisconsin — 2.7%** |  |
| Public Finance Authority, RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 06/15/30 | 1500 | &nbsp;&nbsp; 1416565 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Wisconsin (continued)** | **Wisconsin (continued)** |  |
| Public Finance Authority, RB<sup>(b)</sup> (continued) |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/15/30 | 2173 | &nbsp;&nbsp; $2177641 |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/01/31 | 650 | &nbsp;&nbsp; 655951 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 07/15/29 | 395 | &nbsp;&nbsp; 393215 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 03/01/30 | 970 | &nbsp;&nbsp; 949910 |
| &nbsp;&nbsp;&nbsp; Series A, 3.75%, 06/01/30 | 335 | &nbsp;&nbsp; 317469 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/15/31 | 695 | &nbsp;&nbsp; 701640 |
| Public Finance Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 11/15/30 | 240 | &nbsp;&nbsp; 258329 |
| &nbsp;&nbsp;&nbsp; Class A, 3.00%, 12/01/26<sup>(b)</sup> | 125 | &nbsp;&nbsp; 121934 |
| &nbsp;&nbsp;&nbsp; Class C, 4.00%, 10/01/30<sup>(a)(g)</sup> | 2770 | &nbsp;&nbsp; 2957307 |
| &nbsp;&nbsp;&nbsp; Class C, 4.00%, 10/01/41<sup>(a)</sup> | 4230 | &nbsp;&nbsp; 4358708 |
| &nbsp;&nbsp;&nbsp; AMT, 2.63%, 11/01/25 | 3000 | &nbsp;&nbsp; 3000000 |
| &nbsp;&nbsp;&nbsp; Class B, AMT, 4.00%, 10/01/46<sup>(a)</sup> | 1750 | &nbsp;&nbsp; 1792155 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 5.25%, 07/01/28 | 755 | &nbsp;&nbsp; 755615 |
| &nbsp;&nbsp;&nbsp; Waunakee Community School District, RB, 3.63%, <br> 04/01/30<br>| 11820 | &nbsp;&nbsp; 11995957 |
| &nbsp;&nbsp;&nbsp; Wisconsin Health & Educational Facilities Authority, <br> RB, Series B-2, 4.20%, 08/15/28<br>| 1085 | &nbsp;&nbsp; 1080404 |
| &nbsp;&nbsp;&nbsp; Wisconsin Health & Educational Facilities Authority, <br> Refunding RB, 5.00%, 04/01/35<br>| 2500 | &nbsp;&nbsp; 2621906 |
| &nbsp;&nbsp;&nbsp; Wisconsin Housing & Economic Development Authority <br> Home Ownership Revenue, RB, S/F Housing, <br> Series D, (FNMA), 3.00%, 09/01/32<br>| 7265 | &nbsp;&nbsp; 7208823 |
|  |  | &nbsp;&nbsp; 42763529 |
| **Total Municipal Bonds — 142.8%** <br>**(Cost: $2,231,727,659)** | **Total Municipal Bonds — 142.8%** <br>**(Cost: $2,231,727,659)** | &nbsp;&nbsp; 2241209263 |
| **Municipal Bonds Transferred to Tender Option Bond Trusts**<sup>(h)</sup> | **Municipal Bonds Transferred to Tender Option Bond Trusts**<sup>(h)</sup> | **Municipal Bonds Transferred to Tender Option Bond Trusts**<sup>(h)</sup> |
| **Colorado**<sup>(i)</sup> **— 0.6%** | **Colorado**<sup>(i)</sup> **— 0.6%** |  |
| &nbsp;&nbsp;&nbsp; City & County of Denver Colorado Airport System <br> Revenue, Refunding ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.25%, 11/15/31 | 8085 | &nbsp;&nbsp; 8089063 |
| &nbsp;&nbsp;&nbsp; Series A, 4.25%, 11/15/32 | 2230 | &nbsp;&nbsp; 2231252 |
|  |  | &nbsp;&nbsp; 10320315 |
| **Florida**<sup>(i)</sup> **— 6.0%** | **Florida**<sup>(i)</sup> **— 6.0%** |  |
| &nbsp;&nbsp;&nbsp; County of Broward Florida Airport System Revenue, <br> ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series Q-1, 4.00%, 10/01/29 | 17200 | &nbsp;&nbsp; 17208210 |
| &nbsp;&nbsp;&nbsp; Series Q-1, 4.00%, 10/01/30 | 18095 | &nbsp;&nbsp; 18103664 |
| &nbsp;&nbsp;&nbsp; Series Q-1, 4.00%, 10/01/31 | 18820 | &nbsp;&nbsp; 18829004 |
| &nbsp;&nbsp;&nbsp; Series Q-1, 4.00%, 10/01/32 | 19575 | &nbsp;&nbsp; 19584358 |
| &nbsp;&nbsp;&nbsp; Series Q-1, 4.00%, 10/01/33 | 20355 | &nbsp;&nbsp; 20364740 |
|  |  | &nbsp;&nbsp; 94089976 |

---

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**BlackRock Municipal 2030 Target Term Trust (BTT)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Georgia — 1.3%** | **Georgia — 1.3%** |  |
| &nbsp;&nbsp;&nbsp; Main Street Natural Gas, Inc., RB, Series C, 5.00%, <br> 09/01/53<sup>(a)</sup><br>| $18465 | &nbsp;&nbsp; $19754079 |
| **Total Municipal Bonds Transferred to Tender Option Bond** <br>**Trusts — 7.9%** <br>**(Cost: $123,617,815)** | **Total Municipal Bonds Transferred to Tender Option Bond** <br>**Trusts — 7.9%** <br>**(Cost: $123,617,815)** | &nbsp;&nbsp; 124164370 |
| **Total Long-Term Investments — 150.7%** <br>**(Cost: $2,355,345,474)** | **Total Long-Term Investments — 150.7%** <br>**(Cost: $2,355,345,474)** | &nbsp;&nbsp; 2365373633 |

---

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

---

| | | |
|:---|:---|:---|
|  | <br>*Shares*<br>|  |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 1.7%** | **Money Market Funds — 1.7%** |  |
| &nbsp;&nbsp;&nbsp; BlackRock Liquidity Funds, MuniCash, Institutional <br> Shares, 3.01%<sup>(j)(k)</sup><br>| 27755194 | &nbsp;&nbsp; 27757970 |
| **Total Short-Term Securities — 1.7%** <br>**(Cost: $27,757,970)** | **Total Short-Term Securities — 1.7%** <br>**(Cost: $27,757,970)** | &nbsp;&nbsp; 27757970 |
| **Total Investments — 152.4%** <br>**(Cost: $2,383,103,444)** | **Total Investments — 152.4%** <br>**(Cost: $2,383,103,444)** | &nbsp;&nbsp; 2393131603 |
| **Other Assets Less Liabilities — 0.6%** | **Other Assets Less Liabilities — 0.6%** | &nbsp;&nbsp; 9500400 |
| **Liability for TOB Trust Certificates, Including Interest Expense and** <br> **Fees Payable — (5.3)%** | **Liability for TOB Trust Certificates, Including Interest Expense and** <br> **Fees Payable — (5.3)%** | &nbsp;&nbsp; (83530691)<br>|
| **VRDP Shares at Liquidation Value, Net of Deferred Offering Costs —** <br> **(47.7)%** | **VRDP Shares at Liquidation Value, Net of Deferred Offering Costs —** <br> **(47.7)%** | &nbsp;&nbsp; (749287101)<br>|
| **Net Assets Applicable to Common Shares — 100.0%** | **Net Assets Applicable to Common Shares — 100.0%** | &nbsp;&nbsp; $1569814211 |

---

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

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

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

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

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

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

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

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

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

<sup>(i)</sup> All or a portion of the security is subject to a recourse agreement. The aggregate maximum potential amount the Trust could ultimately be required to pay under the agreements, which expire between October 1, 2029 to November 15, 2032, is $71,728,412. 

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

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

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Trust during the period ended October 31, 2025 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at* <br>*07/31/25*<br>| *Proceeds* <br>*from Sales*<br>| *Net* <br>*Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*10/31/25*<br>| *Shares* <br>*Held at* <br>*10/31/25*<br>| *Income* | *Capital Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| BlackRock Liquidity Funds, MuniCash, Institutional Shares | $19711831<br> $8046139 <br><sup>(a)</sup><br>| &nbsp;&nbsp; $— | $— | $— | $27757970 | 27755194 | $86814 | $— |

---

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

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

**Fair Value Hierarchy as of Period End**

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

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

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

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

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds that may not have a secondary market and/or may have a limited number of investors. The categorization of a value determined for financial instruments is based on the

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**BlackRock Municipal 2030 Target Term Trust (BTT)** 

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

pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Trust's policy regarding valuation of financial instruments, refer to its most recent financial statements.

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-Term Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $2241209263 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $2241209263 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds Transferred to Tender Option Bond Trusts | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 124164370 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 124164370 |
| &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; 27757970 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 27757970 |
|  | &nbsp;&nbsp; $27757970 | &nbsp;&nbsp;&nbsp;&nbsp; $2365373633 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $2393131603 |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Liabilities |  |  |  |  |
| &nbsp;&nbsp;&nbsp; TOB Trust Certificates | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(83414981)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(83414981)<br>|
| &nbsp;&nbsp;&nbsp; VRDP Shares at Liquidation Value | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (750000000)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (750000000)<br>|
|  | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(833414981)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(833414981)<br>|

---

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

---

| | |
|:---|:---|
| **Portfolio Abbreviation**  | **Portfolio Abbreviation**  |
| AGM | Assured Guaranty Municipal Corp. |
| AMBAC | AMBAC Assurance Corp. |
| AMT | Alternative Minimum Tax |
| ARB | Airport Revenue Bonds  |
| BAM | Build America Mutual Assurance Co. |
| CAB | Capital Appreciation Bonds |
| COP | Certificates of Participation |
| FHLMC | Federal Home Loan Mortgage Corp. |
| FNMA | Federal National Mortgage Association |
| GNMA | Government National Mortgage Association |
| GO | General Obligation Bonds |
| GOL | General Obligation Ltd. |
| GTD | GTD Guaranteed |
| M/F | Multi-Family |
| NPFGC | National Public Finance Guarantee Corp. |
| PSF | Permanent School Fund |
| RB | Revenue Bonds |
| S/F | Single-Family |
| SAB | Special Assessment Bonds |
| SAP | Subject to Appropriations |
| SAW | State Aid Withholding |
| ST | Special Tax |
| TA | Tax Allocation |

---

------

## 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 Municipal 2030 Target Term Trust

- **b. Investment Company Act file number:** 811-22603

- **c. CIK number of Registrant:** 0001528437

- **d. LEI of Registrant:** 549300TDIJ2J8F6X3N04

- **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 Municipal 2030 Target Term Trust

- **c. LEI of Series:** 549300TDIJ2J8F6X3N04

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

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

- **b. Date as of which information is reported:** 2025-10-31

**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:** $2423398893.70

**Total Liabilities:** $853303128.67

**Net Assets:** $1570095765.03

**Delayed Delivery Securities:** $16027669.25

**Cash Not Reported:** $21468651.34

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -352895.10000000 | **1-Year:** 95402.72000000 | **5-Year:** 491662.54000000 | **10-Year:** 25789.27000000 | **30-Year:** 0.00000000

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

- **3-Month:** 9693.63000000 | **1-Year:** 11714.11000000 | **5-Year:** 52075.59000000 | **10-Year:** 4138.76000000 | **30-Year:** 4379.15000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 1.07%                | 0.82%                | 0.25%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-101450.57              | $12887749.04                               |
| Month 2  | $1050642.20              | $7859406.67                                |
| Month 3  | $-2773937.72             | $2746066.33                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Alabama Economic Settlement Authority                                            | ALABAMA ECON SETTLEMENT AUTH BP SETTLEMENT REVENUE           | CUSIP: 01026CAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5004986.50   | 0.32%             | 2033-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Alabama Public School and College Authority                                      | ALABAMA ST PUBLIC SCH & CLG AUTH                             | CUSIP: 010609FJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11900000 | PA      | $13276367.09  | 0.85%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                                        | ALAMEDA CA CORRIDOR TRANSPRTN AUTH REVENUE                   | CUSIP: 010869DV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10530000 | PA      | $9032116.98   | 0.58%             | 2030-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Hospital Development Authority                                  | ALLEGHENY CNTY PA HOSP DEV AUTH                              | CUSIP: 01728A3R5<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |   3075000 | PA      | $3209466.37   | 0.20%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Hospital Development Authority                                  | ALLEGHENY CNTY PA HOSP DEV AUTH                              | CUSIP: 01728A3U8<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |   3345000 | PA      | $3474231.40   | 0.22%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Hospital Development Authority                                  | ALLEGHENY CNTY PA HOSP DEV AUTH                              | CUSIP: 01728A3V6<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1035920.20   | 0.07%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Hospital Development Authority                                  | ALLEGHENY CNTY PA HOSP DEV AUTH                              | CUSIP: 01728A5V4<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |   5205000 | PA      | $5153537.64   | 0.33%             | 2047-11-15      | Floating      | 3.92%                 | No            |                  2 | On Loan: No      |
| Allegheny County Higher Education Building Authority                             | ALLEGHENY CNTY PA HGR EDU BLDG AUTH CLG REVENUE              | CUSIP: 01729EKZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5485000 | PA      | $5460483.70   | 0.35%             | 2033-02-01      | Floating      | 3.28%                 | No            |                  2 | On Loan: No      |
| Allen County Port Authority                                                      | ALLEN CNTY OHIO PORT AUTH     ECONOMIC DEV REV               | CUSIP: 01757TAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $456560.81    | 0.03%             | 2031-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allentown City School District                                                   | ALLENTOWN PA CITY SCH DIST                                   | CUSIP: 018411UC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4265926.80   | 0.27%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority                    | ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REVENUE     | CUSIP: 018444AX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9310000 | PA      | $9480727.71   | 0.60%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority                    | ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REVENUE     | CUSIP: 018444BA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $533571.48    | 0.03%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority                    | ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REVENUE     | CUSIP: 018444BB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1956148.04   | 0.12%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BJL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2935000 | PA      | $2914140.96   | 0.19%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BJR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    555000 | PA      | $555255.80    | 0.04%             | 2029-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BJW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $460296.90    | 0.03%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BLX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $397973.63    | 0.03%             | 2030-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Airport System Revenue                                         | AUSTIN TX ARPT SYS REVENUE                                   | CUSIP: 052398HF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2183859.00   | 0.14%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Baldwin County Industrial Development Authority                                  | BALDWIN CNTY AL INDL DEV AUTH SOL WST DISP REVENUE           | CUSIP: 05786PAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5146808.00   | 0.33%             | 2055-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Baltimore MD                                                             | BALTIMORE MD CONVENTION CENTER HOTEL REVENUE                 | CUSIP: 05921PBX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1271147.75   | 0.08%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                          | BAY AREA CA TOLL AUTH TOLL BRIDGE REVENUE                    | CUSIP: 072024ST0<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2982449.40   | 0.19%             | 2036-04-01      | Floating      | 4.47%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                          | BAY AREA CA TOLL AUTH TOLL BRIDGE REVENUE                    | CUSIP: 072024XU1<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3147332.18   | 0.20%             | 2056-04-01      | Floating      | 3.63%                 | No            |                  2 | On Loan: No      |
| Bella Tara Community Development District                                        | BELLA TARA CDD FL SPL ASSMNT                                 | CUSIP: 07820BAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    885000 | PA      | $883745.78    | 0.06%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Special Care Facilities Financing Authority-Birmingham AL                | BIRMINGHAM AL SPL CARE FACS FING AUTH HLTH CARE FAC          | CUSIP: 090929GK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10006244.00  | 0.64%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Birmingham-Jefferson Civic Center Authority                                      | BIRMINGHAM JEFFERSON AL CIVIC CTR AUTH SPL TAX               | CUSIP: 091156MG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1153813.32   | 0.07%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Birmingham-Jefferson Civic Center Authority                                      | BIRMINGHAM JEFFERSON AL CIVIC CTR AUTH SPL TAX               | CUSIP: 091156MH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1205148.25   | 0.08%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Birmingham-Jefferson Civic Center Authority                                      | BIRMINGHAM JEFFERSON AL CIVIC CTR AUTH SPL TAX               | CUSIP: 091156MJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1673998.40   | 0.11%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS SPLY REVENUE               | CUSIP: 09182NCT5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3800043.45   | 0.24%             | 2053-12-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST ALGAS PREPAY REVENUE              | CUSIP: 09182RAR2<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    900000 | PA      | $901875.24    | 0.06%             | 2049-12-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TCQ8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10770905.00  | 0.69%             | 2054-01-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TDL8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2005000 | PA      | $2200350.16   | 0.14%             | 2055-05-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TEN3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   6245000 | PA      | $6771734.53   | 0.43%             | 2055-03-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TES2<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   4380000 | PA      | $4501123.64   | 0.29%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TFW2<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1788963.15   | 0.11%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JBM7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   6750000 | PA      | $6842918.48   | 0.44%             | 2053-12-01      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JDC7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   9780000 | PA      | $9826222.24   | 0.63%             | 2054-02-01      | Floating      | 4.56%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JDD5<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2465000 | PA      | $2711433.20   | 0.17%             | 2054-10-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JDG8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1785000 | PA      | $1917658.34   | 0.12%             | 2054-11-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                 | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                    | CUSIP: 13032URF7<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1673458.56   | 0.11%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                 | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                    | CUSIP: 13032URG5<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1855000 | PA      | $1936979.50   | 0.12%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                | CALIFORNIA HSG FIN AGY MUNI CTFS                             | CUSIP: 13033DAE5<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   3486875 | PA      | $3466173.09   | 0.22%             | 2035-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                            | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE         | CUSIP: 13034A6B1<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   5725000 | PA      | $4580000.00   | 0.29%             | 2065-01-01      | Floating      | 9.50%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE             | CUSIP: 13048RAK3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   6625000 | PA      | $6620318.11   | 0.42%             | 2051-07-01      | Floating      | 3.85%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048T4C4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1226461.20   | 0.08%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048T4D2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1072989.96   | 0.07%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048VBT4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4102807.20   | 0.26%             | 2033-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH SPL FAC REVENUE                  | CUSIP: 13050RAA0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3900000 | PA      | $3941892.24   | 0.25%             | 2029-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                 | CALIFORNIA ST POLL CONTROL FIN AUTH SOL WST DISP REVENUE     | CUSIP: 130536LT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8350000 | PA      | $8612577.44   | 0.55%             | 2038-11-01      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                              | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                  | CUSIP: 13058THE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    985000 | PA      | $995695.33    | 0.06%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                              | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                  | CUSIP: 13058THJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $195999.57    | 0.01%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                              | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                  | CUSIP: 13058TJB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $562609.94    | 0.04%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                              | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                  | CUSIP: 13058TME7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $132000.00    | 0.01%             | 2031-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Capital Projects Finance Authority/FL                                            | CAPITAL PROJS FL FIN AUTH STUDENT HSG REVENUE                | CUSIP: 140427BL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1067074.70   | 0.07%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Region Development Authority                                             | CAPITAL REGION DEV AUTH                                      | CUSIP: 14044WAN8<br>LEI: 5493005AW0WUFPOYTH81 | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1189453.95   | 0.08%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL REVENUE                                 | CUSIP: 14052WDM6<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1472999.93   | 0.09%             | 2031-07-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL EDUCTNL FACS REVENUE                    | CUSIP: 14054CBT5<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1049181.01   | 0.07%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                          | CAPITAL TRUST AUTH FL HLTH CARE FACS REVENUE                 | CUSIP: 14055GAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12000000 | PA      | $13182198.00  | 0.84%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chandler Industrial Development Authority                                        | CHANDLER AZ INDL DEV AUTH INDL DEV REVENUE                   | CUSIP: 158862CD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3570000 | PA      | $3576670.19   | 0.23%             | 2037-12-01      | Floating      | 4.10%                 | No            |                  2 | On Loan: No      |
| Chandler Industrial Development Authority                                        | CHANDLER AZ INDL DEV AUTH INDL DEV REVENUE                   | CUSIP: 158862CE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5096789.50   | 0.32%             | 2049-06-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Charleston SC                                                          | CHARLESTON CNTY SC                                           | CUSIP: 160069YR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4885000 | PA      | $5000726.14   | 0.32%             | 2030-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chattanooga Health Educational & Housing Facility Board                          | CHATTANOOGA TN HLTH EDUCTNL &HSG FAC BRD REVENUE             | CUSIP: 162410EH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2025939.40   | 0.13%             | 2036-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chester County Health and Education Facilities Authority                         | CHESTER CNTY PA HLTH & EDU FACS AUTH REVENUE                 | CUSIP: 165579EU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2180000 | PA      | $2052483.30   | 0.13%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester County Health and Education Facilities Authority                         | CHESTER CNTY PA HLTH & EDU FACS AUTH REVENUE                 | CUSIP: 165579HK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $586501.80    | 0.04%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester County Industrial Development Authority                                  | CHESTER CNTY PA INDL DEV AUTH SPL OBLIG REVENUE              | CUSIP: 16559WAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     96000 | PA      | $95965.80     | 0.01%             | 2028-03-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486H85<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1053000 | PA      | $1060480.62   | 0.07%             | 2030-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505B39<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    810000 | PA      | $845018.97    | 0.05%             | 2030-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505ZR0<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    515000 | PA      | $537265.15    | 0.03%             | 2030-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago Housing Authority                                                        | CHICAGO IL HSG AUTH                                          | CUSIP: 16753QAN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3106856.40   | 0.20%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Housing Authority                                                        | CHICAGO IL HSG AUTH                                          | CUSIP: 16753QAQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1550706.75   | 0.10%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                                             | CHICAGO IL MIDWAY ARPT REVENUE                               | CUSIP: 167562UP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2675130.75   | 0.17%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 167593A28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6146620.20   | 0.39%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clarion County Industrial Development Authority                                  | CLARION CNTY PA INDL DEV AUTH REVENUE                        | CUSIP: 18051VBJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4200000 | PA      | $3863237.70   | 0.25%             | 2039-12-01      | Floating      | 2.45%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | CLARK CNTY NV                                                | CUSIP: 180848SE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5038264.50   | 0.32%             | 2034-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp                                            | CLIFTON TX HGR EDU FIN CORP EDU REVENUE                      | CUSIP: 187145BP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1495000 | PA      | $1495230.08   | 0.10%             | 2032-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO EDUCTNL & CULTURAL AUTH REVENUE                     | CUSIP: 19645UEP5<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    830000 | PA      | $800595.76    | 0.05%             | 2030-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FJX3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3018534.00   | 0.19%             | 2037-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FTL8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1787070.56   | 0.11%             | 2029-05-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FVM3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6961653.30   | 0.44%             | 2061-05-15      | Floating      | 3.77%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FWE0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1092717.30   | 0.07%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FZQ0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   9560000 | PA      | $10452758.69  | 0.67%             | 2060-11-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth Financing Authority                                                 | CMWLTH FING AUTH PA TOBACCO MASTER SETTLEMENT PAYMENT REV    | CUSIP: 20282EAN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8055000 | PA      | $8465527.91   | 0.54%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth Financing Authority                                                 | CMWLTH FING AUTH PA TOBACCO MASTER SETTLEMENT PAYMENT REV    | CUSIP: 20282EAP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3560000 | PA      | $3733912.76   | 0.24%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Compton Unified School District/CA                                               | COMPTON CA UNIF SCH DIST                                     | CUSIP: 204736FE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $769415.70    | 0.05%             | 2033-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Compton Unified School District/CA                                               | COMPTON CA UNIF SCH DIST                                     | CUSIP: 204736FF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $829218.49    | 0.05%             | 2034-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Compton Unified School District/CA                                               | COMPTON CA UNIF SCH DIST                                     | CUSIP: 204736FG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $703218.60    | 0.04%             | 2035-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Compton Unified School District/CA                                               | COMPTON CA UNIF SCH DIST                                     | CUSIP: 204736FH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $667876.90    | 0.04%             | 2036-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | CONNECTICUT ST                                               | CUSIP: 20772KBA6<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   3600000 | PA      | $3795779.16   | 0.24%             | 2033-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REV                  | CUSIP: 20774YZ91<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    400000 | PA      | $410867.52    | 0.03%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DEA6<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    225000 | PA      | $227999.39    | 0.01%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DEB4<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    300000 | PA      | $306683.97    | 0.02%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DEC2<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    300000 | PA      | $309313.14    | 0.02%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DEH1<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    355000 | PA      | $363721.43    | 0.02%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DHG0<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    305000 | PA      | $305135.97    | 0.02%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cumberland County Municipal Authority                                            | CUMBERLAND CNTY PA MUNI AUTH                                 | CUSIP: 230614LD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1510000 | PA      | $1511806.56   | 0.10%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cumberland County Municipal Authority                                            | CUMBERLAND CNTY PA MUNI AUTH                                 | CUSIP: 230614TF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $385218.26    | 0.02%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cumberland County Municipal Authority                                            | CUMBERLAND CNTY PA MUNI AUTH                                 | CUSIP: 230614TG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $875513.98    | 0.06%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | DALLAS-FORT WORTH TX INTERNATIONAL ARPT REVENUE              | CUSIP: 2350365Z9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2763305.00   | 0.18%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | DALLAS-FORT WORTH TX INTERNATIONAL ARPT REVENUE              | CUSIP: 23503CFK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7931783.25   | 0.51%             | 2050-11-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Dauphin County General Authority                                                 | DAUPHIN CNTY PA GEN AUTH HLTHSYS REVENUE                     | CUSIP: 23825EDT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2275000 | PA      | $2284564.33   | 0.15%             | 2031-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DeKalb County Housing Authority                                                  | DEKALB CNTY GA HSG AUTH MF HSG                               | CUSIP: 240471PD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6870000 | PA      | $7008785.68   | 0.45%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DeKalb County Housing Authority                                                  | DEKALB CNTY GA HSG AUTH MF HSG                               | CUSIP: 240471PH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1460000 | PA      | $1467868.96   | 0.09%             | 2034-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Delaware State Health Facilities Authority                                       | DELAWARE ST HLTH FACS AUTH REVENUE                           | CUSIP: 246388TG7<br>LEI: 549300RXU7M05ZYSJG42 | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1359337.70   | 0.09%             | 2035-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Delaware Transportation Authority                                                | DELAWARE ST TRANSPRTN AUTH GRANT ANTICIPATION BONDS          | CUSIP: 246419BQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2218116.80   | 0.14%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Pledged Excise Tax Revenue                            | DENVER CO CITY & CNTY DEDICATED TAX REVENUE                  | CUSIP: 24917DBM4<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $835681.30    | 0.05%             | 2030-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                           | CUSIP: 249182LD6<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |  12780000 | PA      | $13963905.97  | 0.89%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                           | CUSIP: 249182LQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  25000000 | PA      | $26224705.00  | 1.67%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO                                                       | DENVER CITY & CNTY CO SPL FACS ARPT REVENUE                  | CUSIP: 249271GV3<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2500015.25   | 0.16%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                               | DETROIT MI                                                   | CUSIP: 2510933F5<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |    580000 | PA      | $593169.07    | 0.04%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                               | DETROIT MI                                                   | CUSIP: 2510933G3<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |    665000 | PA      | $691582.05    | 0.04%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                               | DETROIT MI                                                   | CUSIP: 2510933H1<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |    665000 | PA      | $691511.56    | 0.04%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                               | DETROIT MI                                                   | CUSIP: 2510933J7<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |    510000 | PA      | $530506.69    | 0.03%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                               | DETROIT MI                                                   | CUSIP: 2510933K4<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |    735000 | PA      | $764357.74    | 0.05%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                               | DETROIT MI                                                   | CUSIP: 2510933L2<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |    625000 | PA      | $649516.19    | 0.04%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                               | DETROIT MI                                                   | CUSIP: 2510933M0<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |    830000 | PA      | $861407.45    | 0.05%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Housing Finance Agency                                      | DISTRICT OF COLUMBIA HSG FIN AGY                             | CUSIP: 254768ZK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5537191.55   | 0.35%             | 2046-03-01      | Floating      | 3.60%                 | No            |                  2 | On Loan: No      |
| State of Nevada Department of Business & Industry                                | DIRECTOR OF THE ST OF NEVADA DEPT OF BUSINESS & INDUSTRIAL   | CUSIP: 25490LAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $365119.72    | 0.02%             | 2029-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Double Branch Community Development District                                     | DOUBLE BRANCH FL CDD SPL ASSMNT                              | CUSIP: 25856MAU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1200213.12   | 0.08%             | 2031-05-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Elkhorn School District                                                          | DOUGLAS CNTY NE SCH DIST #10                                 | CUSIP: 259309M74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $388709.74    | 0.02%             | 2033-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Downtown Revitalization Public Infrastructure District                           | DOWNTOWN REVITALIZATION PUBLIC INFRASTRUCTURE DIST UT SALES  | CUSIP: 26118TAE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $767508.35    | 0.05%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Downtown Revitalization Public Infrastructure District                           | DOWNTOWN REVITALIZATION PUBLIC INFRASTRUCTURE DIST UT SALES  | CUSIP: 26118TBC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    760000 | PA      | $830556.50    | 0.05%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| E-470 Public Highway Authority                                                   | E-470 CO PUBLIC HIGHWAY AUTH                                 | CUSIP: 26822LMX9<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | MUN               | US        |   3160000 | PA      | $3152995.23   | 0.20%             | 2039-09-01      | Floating      | 3.61%                 | No            |                  2 | On Loan: No      |
| East Hempfield Township Industrial Development Authority                         | E HEMPFIELD TWP PA INDL DEV AUTH                             | CUSIP: 273007CJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $370172.79    | 0.02%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| East Hempfield Township Industrial Development Authority                         | E HEMPFIELD TWP PA INDL DEV AUTH                             | CUSIP: 273007CL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $135069.96    | 0.01%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| El Camino Community College District Fountation/The                              | EL CAMINO CA CMNTY CLG DIST                                  | CUSIP: 282726DS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9090000 | PA      | $8029456.97   | 0.51%             | 2030-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| El Camino Community College District Fountation/The                              | EL CAMINO CA CMNTY CLG DIST                                  | CUSIP: 282726DT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12465000 | PA      | $10710480.20  | 0.68%             | 2031-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| El Camino Community College District Fountation/The                              | EL CAMINO CA CMNTY CLG DIST                                  | CUSIP: 282726DU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17435000 | PA      | $14538582.73  | 0.93%             | 2032-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                                          | ENERGY S E AL A COOPERATIVE DIST ENERGY SPLY REVENUE         | CUSIP: 292723BN2<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |   3095000 | PA      | $3398695.33   | 0.22%             | 2054-07-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP                                      | CUSIP: 340618DR5<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   4685000 | PA      | $4664323.69   | 0.30%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP                                      | CUSIP: 340618DS3<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2087500.00   | 0.13%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UFA1<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    470000 | PA      | $455515.49    | 0.03%             | 2030-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP SENIOR LIVING REVENUE                | CUSIP: 34061WAV6<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    110000 | PA      | $109874.14    | 0.01%             | 2026-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP SOL WST DISP REVENUE                 | CUSIP: 34061XAB8<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1514916.45   | 0.10%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP SOL WST DISP REVENUE                 | CUSIP: 34061XAD4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2665000 | PA      | $2436701.98   | 0.16%             | 2032-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Forsyth MT                                                               | FORSYTH MT POLL CONTROL REVENUE                              | CUSIP: 346668DH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10050000 | PA      | $10053345.65  | 0.64%             | 2031-03-01      | Floating      | 3.90%                 | No            |                  2 | On Loan: No      |
| Geisinger Authority                                                              | GEISINGER PA AUTH HLTH SYS REVENUE                           | CUSIP: 368497JC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4100464.80   | 0.26%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Geisinger Authority                                                              | GEISINGER PA AUTH HLTH SYS REVENUE                           | CUSIP: 368497JF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1788335.50   | 0.11%             | 2034-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Geisinger Authority                                                              | GEISINGER PA AUTH HLTH SYS REVENUE                           | CUSIP: 368497JY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2142230.00   | 0.14%             | 2043-04-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Genesee County Funding Corp/The                                                  | GENESEE CNTY NY FUNDING CORP                                 | CUSIP: 371669AJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $541176.25    | 0.03%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Georgia Ports Authority                                                          | GEORGIA ST PORTS AUTH                                        | CUSIP: 373586GC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1303382.50   | 0.08%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                | GUAM GOVT BUSINESS PRIVILEGE TAX REVENUE                     | CUSIP: 40065NCN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1237633.46   | 0.08%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                | GUAM GOVT BUSINESS PRIVILEGE TAX REVENUE                     | CUSIP: 40065NCP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1351549.13   | 0.09%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hanover County Economic Development Authority                                    | HANOVER CNTY VA ECON DEV AUTHRSDL CARE FAC REVENUE           | CUSIP: 41077CAZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $998946.50    | 0.06%             | 2030-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp                         | HARRIS CNTY TX CULTURAL EDU FACS FIN CORP REVENUE            | CUSIP: 414009EZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    735000 | PA      | $729870.51    | 0.05%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp                         | HARRIS CNTY TX CULTURAL EDU FACS FIN CORP REVENUE            | CUSIP: 414009FA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2940105.90   | 0.19%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp                         | HARRIS CNTY TX CULTURAL EDU FACS FIN CORP REVENUE            | CUSIP: 414009FF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $600500.16    | 0.04%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp                         | HARRIS CNTY TX CULTURAL EDU FACS FIN CORP REVENUE            | CUSIP: 414009HG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $460688.39    | 0.03%             | 2028-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp                         | HARRIS CNTY TX CULTURAL EDU FACS FIN CORP REVENUE            | CUSIP: 414009HH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40080.09     | 0.00%             | 2033-01-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp                         | HARRIS CNTY TX CULTURAL EDU FACS FIN CORP REVENUE            | CUSIP: 414009KN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2275000 | PA      | $2295920.67   | 0.15%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Aviation Authority                                           | HILLSBOROUGH CNTY FL AVIATION AUTH                           | CUSIP: 432308N26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2325000 | PA      | $2533943.33   | 0.16%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Aviation Authority                                           | HILLSBOROUGH CNTY FL AVIATION AUTH                           | CUSIP: 432308V27<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9145000 | PA      | $9966843.77   | 0.63%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Homewood Educational Building Authority                                          | HOMEWOOD AL EDUCTNL BLDG AUTH REVENUE                        | CUSIP: 437887FY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1022396.24   | 0.07%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Homewood Educational Building Authority                                          | HOMEWOOD AL EDUCTNL BLDG AUTH REVENUE                        | CUSIP: 437887FZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1394079.31   | 0.09%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hoover Industrial Development Board                                              | HOOVER AL INDL DEV BRD ENVNMNTL IMPT REVENUE                 | CUSIP: 439241AB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1965000 | PA      | $2167261.97   | 0.14%             | 2050-11-01      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 4423487H5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11490000 | PA      | $11490070.09  | 0.73%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 4423487R3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1900011.59   | 0.12%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 4423487W2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3086611.80   | 0.20%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349CY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7381097.50   | 0.47%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349DJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5150000 | PA      | $5252990.73   | 0.33%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349FK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1300516.56   | 0.08%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Combined Utility System Revenue                               | HOUSTON TX UTILITY SYS REVENUE                               | CUSIP: 44244CGS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7315000 | PA      | $7465666.32   | 0.48%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Howard County Housing Commission                                                 | HOWARD CO MD HSG COMMN                                       | CUSIP: 442577DW9<br>LEI: 5493007CCS6UI1IIE878 | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1831629.10   | 0.12%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health Care Authority of the City of Huntsville/The                              | HUNTSVILLE AL HLTH CARE AUTH REVENUE                         | CUSIP: 44706HDX2<br>LEI: 254900QP8DQFH746YJ31 | Long             | DBT              | MUN               | US        |  20000000 | PA      | $21608216.00  | 1.38%             | 2053-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | IDAHO ST HSG & FIN ASSN NONPROFIT FACS REVENUE               | CUSIP: 45129GDD4<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    115000 | PA      | $115292.46    | 0.01%             | 2029-07-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH GAS SPLY REVENUE                        | CUSIP: 45202WAG5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |  12850000 | PA      | $12857659.89  | 0.82%             | 2033-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45203HP30<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   8415000 | PA      | $8421806.05   | 0.54%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45203HP48<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2075000 | PA      | $2076647.55   | 0.13%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45203HP55<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2126616.70   | 0.14%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204E5W4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    425000 | PA      | $294312.50    | 0.02%             | 2024-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204E5Y0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    460000 | PA      | $318550.00    | 0.02%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204E6A1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1745000 | PA      | $1208412.50   | 0.08%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204E6B9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1840000 | PA      | $1274200.00   | 0.08%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204E6C7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1935000 | PA      | $1339987.50   | 0.09%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204EEW4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12313821.60  | 0.78%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204EHS0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004279.70   | 0.06%             | 2032-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204ENP9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   3205000 | PA      | $3291018.03   | 0.21%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FHM0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1742301.93   | 0.11%             | 2042-05-01      | Floating      | 3.92%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452152S77<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   7450000 | PA      | $7742957.84   | 0.49%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153NQ8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $8202520.50   | 0.52%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                | CUSIP: 452252LF4<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |  20000000 | PA      | $20028576.00  | 1.28%             | 2031-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH SYS REVENUE                         | CUSIP: 45470YGD7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   8335000 | PA      | $8982401.95   | 0.57%             | 2064-10-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HOSP REVENUE                             | CUSIP: 45471AUL4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1165000 | PA      | $1220272.14   | 0.08%             | 2029-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HOSP REVENUE                             | CUSIP: 45471AUM2<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1289049.32   | 0.08%             | 2030-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH ENVRNMNTL REVENUE                        | CUSIP: 455054BE5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   3665000 | PA      | $3662501.20   | 0.23%             | 2026-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH REVENUE                                  | CUSIP: 45506EDH3<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    920000 | PA      | $912669.99    | 0.06%             | 2039-03-01      | Floating      | 3.52%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                             | JEFFERSON CNTY AL SWR REVENUE WARRANTS                       | CUSIP: 472682YZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2738446.00   | 0.17%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kalamazoo Hospital Finance Authority                                             | KALAMAZOO MI HOSP FIN AUTH                                   | CUSIP: 483233RD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5655000 | PA      | $5716208.02   | 0.36%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kane McHenry Cook & De Kalb Counties Unit School District No 300/IL              | KANE MCHENRY COOK & DEKALB CNTYS IL UNIT SCH DIST #300       | CUSIP: 484080UD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6350000 | PA      | $6529002.69   | 0.42%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Kent DE                                                                | KENT CNTY DE STUDENT HSG & DINING FAC REVENUE                | CUSIP: 490237AE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $853752.16    | 0.05%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Kent DE                                                                | KENT CNTY DE STUDENT HSG & DINING FAC REVENUE                | CUSIP: 490237AF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    890000 | PA      | $901643.34    | 0.06%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Kent DE                                                                | KENT CNTY DE STUDENT HSG & DINING FAC REVENUE                | CUSIP: 490237AG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    935000 | PA      | $951371.57    | 0.06%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Transportation Infrastructure Authority                          | KENTUCKY PUB TRANSPRTN INFRASTRUCTURE AUTH TOLL REVENUE      | CUSIP: 491397AM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1230000 | PA      | $987476.35    | 0.06%             | 2030-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of King WA Sewer Revenue                                                  | KING CNTY WA SWR REVENUE                                     | CUSIP: 495290EF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4050000 | PA      | $4011524.19   | 0.26%             | 2040-01-01      | Floating      | 3.45%                 | No            |                  2 | On Loan: No      |
| City of Lakeland FL                                                              | LAKELAND FL HOSP SYS REVENUE                                 | CUSIP: 511665KD2<br>LEI: XRPK4ZALF4437WO3JQ94 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3814223.63   | 0.24%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KCV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $369990.08    | 0.02%             | 2030-05-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KEL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $525953.74    | 0.03%             | 2030-05-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KFF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $796465.64    | 0.05%             | 2028-05-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Lancaster County Hospital Authority/PA                                           | LANCASTER CNTY PA HOSP AUTH                                  | CUSIP: 514045L35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2535000 | PA      | $2538706.93   | 0.16%             | 2030-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Lancaster Municipal Authority                                                    | LANCASTER PA MUNI AUTH HLTHCARE FACS REVENUE                 | CUSIP: 514350AE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $199926.28    | 0.01%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster Municipal Authority                                                    | LANCASTER PA MUNI AUTH HLTHCARE FACS REVENUE                 | CUSIP: 514350AF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $208006.48    | 0.01%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority/FL                                   | LEE CNTY FL INDL DEV AUTH HLTHCR FACS REVENUE                | CUSIP: 52349EET3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3415000 | PA      | $3432648.72   | 0.22%             | 2029-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Lehigh County Industrial Development Authority                                   | LEHIGH CNTY PA INDL DEV AUTH                                 | CUSIP: 524808BY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13500000 | PA      | $13500379.35  | 0.86%             | 2029-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Long Beach CA Harbor Revenue                                             | LONG BEACH CA HARBOR REVENUE                                 | CUSIP: 542424UY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1696896.30   | 0.11%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445A90<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |  18250000 | PA      | $19933901.95  | 1.27%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH INS  | CUSIP: 546275AF5<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   4700000 | PA      | $4859687.20   | 0.31%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH REVE | CUSIP: 54628CUG5<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1159562.13   | 0.07%             | 2030-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA PUB FACS AUTH REVENUE                              | CUSIP: 546399HS8<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    375000 | PA      | $376668.98    | 0.02%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA PUB FACS AUTH REVENUE                              | CUSIP: 546399HX7<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    465000 | PA      | $470058.27    | 0.03%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA PUB FACS AUTH REVENUE                              | CUSIP: 546399KV7<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    500000 | PA      | $484005.45    | 0.03%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisville/Jefferson County Metropolitan Government                              | LOUISVILLE & JEFFERSON CNTY KY MET GOVT HLTH SYS REVENUE     | CUSIP: 54659LBQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7300000 | PA      | $7414490.28   | 0.47%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Love Field Airport Modernization Corp                                            | LOVE FIELD TX ARPT MODERNIZATION CORP GEN ARPT REVENUE       | CUSIP: 54714CBB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $437660.24    | 0.03%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | LOWER COLORADO RIVER TX AUTH REVENUE                         | CUSIP: 54811GQ60<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   3415000 | PA      | $3750846.81   | 0.24%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LT Ranch Community Development District                                          | LT RANCH CDD FL CAPITAL IMPT REVENUE                         | CUSIP: 54912EAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    985000 | PA      | $963461.10    | 0.06%             | 2030-05-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| M-S-R Energy Authority                                                           | M-S-R CA ENERGY AUTH GAS REVENUE                             | CUSIP: 55374SAG5<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1728883.41   | 0.11%             | 2029-11-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DBJ0<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1312245.25   | 0.08%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DBK7<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8415494.40   | 0.54%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DDX7<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15419097.00  | 0.98%             | 2052-09-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DEN8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |  31375000 | PA      | $33262074.48  | 2.12%             | 2053-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DFC1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   8910000 | PA      | $9549128.56   | 0.61%             | 2053-07-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DFK3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   6290000 | PA      | $6729118.11   | 0.43%             | 2053-09-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DFT4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   9325000 | PA      | $9932977.88   | 0.63%             | 2054-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DGB2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   9865000 | PA      | $10623498.15  | 0.68%             | 2053-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Manhattan KS                                                             | MANHATTAN KS HLTH CARE FAC REVENUE                           | CUSIP: 563017DX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $314355.04    | 0.02%             | 2026-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH EDU REVENUE                   | CUSIP: 56681NEL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    820000 | PA      | $824776.75    | 0.05%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH                               | CUSIP: 56682HBV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4280000 | PA      | $4385948.83   | 0.28%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                                | MARYLAND ST                                                  | CUSIP: 574193RK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4947301.00   | 0.32%             | 2034-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                                   | MARYLAND ST DEPT OF TRANSPRTN CONSOL TRANSPRTN               | CUSIP: 574204H89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5470000 | PA      | $5709801.52   | 0.36%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE             | CUSIP: 5742184B6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033224.90   | 0.07%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE             | CUSIP: 5742184C4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $799383.83    | 0.05%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE             | CUSIP: 574218L92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2865000 | PA      | $2899226.44   | 0.18%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE             | CUSIP: 574218M67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3010000 | PA      | $3045749.17   | 0.19%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE             | CUSIP: 574218M75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3165000 | PA      | $3201918.46   | 0.20%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE             | CUSIP: 574218P80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $390426.96    | 0.02%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE             | CUSIP: 57421CJH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3525000 | PA      | $3842507.33   | 0.24%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Bay Transportation Authority Sales Tax Revenue                     | MASSACHUSETTS ST BAY TRANSPRTN AUTH SALES TAX REVENUE        | CUSIP: 575579FJ1<br>LEI: 549300D2U0XBUXGX8P68 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $2062819.17   | 0.13%             | 2030-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Bay Transportation Authority Sales Tax Revenue                     | MASSACHUSETTS ST BAY TRANSPRTN AUTH SALES TAX REVENUE        | CUSIP: 575579ZS9<br>LEI: 549300D2U0XBUXGX8P68 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3228720.40   | 0.21%             | 2032-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                             | CUSIP: 57582RLY0<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5122814.00   | 0.33%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584XC90<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1084807.62   | 0.07%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584XT92<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2020000 | PA      | $2076337.40   | 0.13%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584XU25<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1539562.20   | 0.10%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584XU33<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2085000 | PA      | $2135309.38   | 0.14%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584XU41<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2043322.60   | 0.13%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Matagorda County Navigation District No 1                                        | MATAGORDA CNTY TX NAV DIST #1                                | CUSIP: 576528CY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7885000 | PA      | $8227596.94   | 0.52%             | 2030-05-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Matagorda County Navigation District No 1                                        | MATAGORDA CNTY TX NAV DIST #1                                | CUSIP: 576528CZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12055000 | PA      | $12592203.35  | 0.80%             | 2030-05-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Matagorda County Navigation District No 1                                        | MATAGORDA CNTY TX NAV DIST #1                                | CUSIP: 576528DQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10100000 | PA      | $10103344.11  | 0.64%             | 2030-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Matagorda County Navigation District No 1                                        | MATAGORDA CNTY TX NAV DIST #1                                | CUSIP: 576528DV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6855000 | PA      | $7139336.49   | 0.45%             | 2030-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | MET GOVT NASHVILLE & DAVIDSONCNTY TN HLTH & EDUCTNL FAC BRD  | CUSIP: 592041A23<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10706823.00  | 0.68%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | MET GOVT NASHVILLE & DAVIDSONCNTY TN HLTH & EDUCTNL FAC BRD  | CUSIP: 592041WE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1316232.19   | 0.08%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL REVENUE                        | CUSIP: 592250CQ5<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1245160.20   | 0.08%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL REVENUE                        | CUSIP: 592250CR3<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1437204.94   | 0.09%             | 2030-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority Dedicated Tax Fund                         | MET TRANSPRTN AUTH NY DEDICATED TAX FUND                     | CUSIP: 59259NT29<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |  13000000 | PA      | $11187556.90  | 0.71%             | 2030-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261AL54<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2875000 | PA      | $2875591.10   | 0.18%             | 2032-11-01      | Floating      | 3.66%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261AQG5<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10463437.00  | 0.67%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647JZ5<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |  12325000 | PA      | $13462045.34  | 0.86%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647MN8<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6553531.20   | 0.42%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami Beach Health Facilities Authority                                          | MIAMI BEACH FL HLTH FACS AUTH                                | CUSIP: 593211ET8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001138.50   | 0.06%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School Board of Miami-Dade County/The                                            | MIAMI-DADE CNTY FL SCH BRD COPS                              | CUSIP: 59333MQ81<br>LEI: 549300J3U4QVT6U3O129 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9077614.20   | 0.58%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL                                                          | MIAMI-DADE CNTY FL SPL OBLIG                                 | CUSIP: 59333ND67<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |  12305000 | PA      | $12354311.06  | 0.79%             | 2030-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL                                                          | MIAMI-DADE CNTY FL SPL OBLIG                                 | CUSIP: 59333ND83<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   6690000 | PA      | $6715597.28   | 0.43%             | 2032-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | MIAMI-DADE CNTY FL AVIATION REVENUE                          | CUSIP: 59333P7G7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4285000 | PA      | $4659881.80   | 0.30%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447T3W1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |  16595000 | PA      | $16544904.67  | 1.05%             | 2047-04-15      | Floating      | 3.97%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                          | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE                  | CUSIP: 594698QH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1381894.44   | 0.09%             | 2030-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                          | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE                  | CUSIP: 594698QN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2078296.20   | 0.13%             | 2032-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                          | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE                  | CUSIP: 594698SR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3690000 | PA      | $3687387.48   | 0.23%             | 2061-10-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Midland County Fresh Water Supply District No 1                                  | MIDLAND CNTY TX FRESH WTR SPLY DIST #1 REVENUE               | CUSIP: 597495AU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6235000 | PA      | $4904215.32   | 0.31%             | 2031-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Midland County Fresh Water Supply District No 1                                  | MIDLAND CNTY TX FRESH WTR SPLY DIST #1 REVENUE               | CUSIP: 597495AV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14135000 | PA      | $10599881.73  | 0.68%             | 2032-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                 | MINNESOTA ST HSG FIN AGY                                     | CUSIP: 60416TXN3<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    455000 | PA      | $473737.40    | 0.03%             | 2030-01-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                 | MINNESOTA ST HSG FIN AGY                                     | CUSIP: 60416TXP8<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    480000 | PA      | $502763.38    | 0.03%             | 2030-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Mississippi Development Bank                                                     | MISSISSIPPI ST DEV BANK SPL OBLG                             | CUSIP: 60534T2L8<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   2280000 | PA      | $2293306.08   | 0.15%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Development Bank                                                     | MISSISSIPPI ST DEV BANK SPL OBLG                             | CUSIP: 60534T2M6<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1603762.13   | 0.10%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Development Bank                                                     | MISSISSIPPI ST DEV BANK SPL OBLG                             | CUSIP: 60534T2N4<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2010486.80   | 0.13%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Development Bank                                                     | MISSISSIPPI ST DEV BANK SPL OBLG                             | CUSIP: 60534T2P9<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1281238.45   | 0.08%             | 2033-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi Gaming Tax Revenue                                          | MISSISSIPPI ST GAMING TAX REVENUE                            | CUSIP: 605638AT2<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |  12225000 | PA      | $12238748.24  | 0.78%             | 2033-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH                         | CUSIP: 60635H3V9<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    485000 | PA      | $508986.50    | 0.03%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE       | CUSIP: 60637ADZ2<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2010000 | PA      | $2010453.05   | 0.13%             | 2033-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE       | CUSIP: 60637AKU5<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5054312.00   | 0.32%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE       | CUSIP: 60637ALS9<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1680000 | PA      | $1686893.88   | 0.11%             | 2032-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE       | CUSIP: 60637ALT7<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2006499.80   | 0.13%             | 2033-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Monterey Peninsula Community College District                                    | MONTEREY PENINSULA CA CMNTY CLG DIST                         | CUSIP: 612574EH2<br>LEI: 549300C8NLDKBLGMK366 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3027252.90   | 0.19%             | 2030-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Monterey Peninsula Community College District                                    | MONTEREY PENINSULA CA CMNTY CLG DIST                         | CUSIP: 612574EJ8<br>LEI: 549300C8NLDKBLGMK366 | Long             | DBT              | MUN               | US        |   5940000 | PA      | $4961210.96   | 0.32%             | 2031-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                          | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                       | CUSIP: 613603A66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1735000 | PA      | $1756732.44   | 0.11%             | 2035-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                          | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                       | CUSIP: 613603A74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1507570.95   | 0.10%             | 2036-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                          | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                       | CUSIP: 613603YN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1850625.35   | 0.12%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                          | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                       | CUSIP: 613603YP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1387162.60   | 0.09%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                            | MONTGOMERY CNTY PA INDL DEV AUTH                             | CUSIP: 613609B70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000731.20   | 0.13%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GEORGIA                                    | CUSIP: 6262074T8<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1356192.13   | 0.09%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GEORGIA                                    | CUSIP: 6262075P5<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2135694.80   | 0.14%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GEORGIA                                    | CUSIP: 6262075Q3<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1905000 | PA      | $2066836.80   | 0.13%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GEORGIA                                    | CUSIP: 626207W83<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8390792.80   | 0.53%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH AFFORDABLE HSG CTFS                     | CUSIP: 63607DAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  19129568 | PA      | $19084676.28  | 1.22%             | 2040-10-20      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH REVENUE                                 | CUSIP: 63607YCJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $431655.96    | 0.03%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SOL WST DISP REVENUE                    | CUSIP: 63608RAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3895000 | PA      | $3899349.55   | 0.25%             | 2033-10-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SENIOR LIVING REVENUE                   | CUSIP: 63608SAG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $286337.85    | 0.02%             | 2028-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SENIOR LIVING REVENUE                   | CUSIP: 63608SAH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $302199.33    | 0.02%             | 2029-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Nevada Department of Business & Industry                                | NEVADA DEPT OF BUSINESS & INDUSTRY NV                        | CUSIP: 641454AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150063.98    | 0.01%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL EDU FACS FINCORP TX EDU REVENUE            | CUSIP: 64542QBH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $224929.06    | 0.01%             | 2029-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 64577B4E1<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1032745.30   | 0.07%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 64577B4G6<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1547726.70   | 0.10%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 64577B4H4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1805455.75   | 0.11%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 64577B4J0<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2150490.86   | 0.14%             | 2032-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 64577B5V2<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1632291.26   | 0.10%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 64577B7W8<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5139757.00   | 0.33%             | 2035-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH ECON DEV REVENUE                 | CUSIP: 64577HMH1<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5029299.50   | 0.32%             | 2031-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH WTR FACS REVENUE                 | CUSIP: 645780FL6<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3760340.80   | 0.24%             | 2039-10-01      | Floating      | 2.20%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH SPL FAC REVENUE                  | CUSIP: 64578CAH4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   4590000 | PA      | $4590027.54   | 0.29%             | 2029-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH SPL FAC REVENUE                  | CUSIP: 64578CBV2<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1740000 | PA      | $1740010.09   | 0.11%             | 2030-11-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH SPL FAC REVENUE                  | CUSIP: 64578CBW0<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1315007.63   | 0.08%             | 2030-11-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH                                  | CUSIP: 64578EJU2<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4708494.90   | 0.30%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH                                  | CUSIP: 64578EKS5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   3600000 | PA      | $3766795.92   | 0.24%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH MTR VEHCL SURCHARGE REVENUE      | CUSIP: 64578JBC9<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   9855000 | PA      | $9904540.10   | 0.63%             | 2032-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                            | NEW JERSEY ST HLTH CARE FACS FING AUTH REVENUE               | CUSIP: 645790FJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11245000 | PA      | $11405314.34  | 0.73%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                            | NEW JERSEY ST HLTH CARE FACS FING AUTH REVENUE               | CUSIP: 64579F8E6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2900000 | PA      | $2938988.18   | 0.19%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                            | NEW JERSEY ST HLTH CARE FACS FING AUTH REVENUE               | CUSIP: 64579F8F3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2432790.72   | 0.15%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH SCH REVENUE                      | CUSIP: 645912EF9<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    235000 | PA      | $234039.09    | 0.01%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 645918Z89<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   4705000 | PA      | $4712928.40   | 0.30%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of New Jersey                                                              | NEW JERSEY ST                                                | CUSIP: 646039YP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  24000000 | PA      | $25445899.20  | 1.62%             | 2030-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Educational Facilities Authority                                      | NEW JERSEY ST EDUCTNL FACS AUTH REVENUE                      | CUSIP: 646066R44<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1558483.05   | 0.10%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                         | NEW JERSEY ST HGR EDU ASSISTANCE AUTH STUDENT LOAN REVENUE   | CUSIP: 646080TF8<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    360000 | PA      | $359962.06    | 0.02%             | 2032-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                         | NEW JERSEY ST HGR EDU ASSISTANCE AUTH STUDENT LOAN REVENUE   | CUSIP: 646080TG6<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    295000 | PA      | $294947.96    | 0.02%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                         | NEW JERSEY ST HGR EDU ASSISTANCE AUTH STUDENT LOAN REVENUE   | CUSIP: 646080TH4<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    145000 | PA      | $144964.14    | 0.01%             | 2034-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                         | NEW JERSEY ST HGR EDU ASSISTANCE AUTH STUDENT LOAN REVENUE   | CUSIP: 646080TJ0<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    145000 | PA      | $144951.57    | 0.01%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                         | NEW JERSEY ST HGR EDU ASSISTANCE AUTH STUDENT LOAN REVENUE   | CUSIP: 646080XF3<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5351042.50   | 0.34%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                         | NEW JERSEY ST HGR EDU ASSISTANCE AUTH STUDENT LOAN REVENUE   | CUSIP: 646080XQ9<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   1875000 | PA      | $2006640.94   | 0.13%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                         | NEW JERSEY ST HGR EDU ASSISTANCE AUTH STUDENT LOAN REVENUE   | CUSIP: 646080XX4<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5351042.50   | 0.34%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Housing & Mortgage Finance Agency                                     | NEW JERSEY ST HSG & MTGE FIN AGY MF REVENUE                  | CUSIP: 6461086P0<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |    485000 | PA      | $483136.00    | 0.03%             | 2029-11-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| New Jersey Housing & Mortgage Finance Agency                                     | NEW JERSEY ST HSG & MTGE FIN AGY MF REVENUE                  | CUSIP: 64610ABH7<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7035875.00   | 0.45%             | 2029-11-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 6461362E0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2550000 | PA      | $2582472.47   | 0.16%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 6461363N9<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |  11600000 | PA      | $11747004.48  | 0.75%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 646136ET4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |  35000000 | PA      | $30134716.50  | 1.92%             | 2030-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 646136XH9<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2150000 | PA      | $1851132.59   | 0.12%             | 2030-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Housing & Mortgage Finance Agency                                     | NEW JERSEY ST HSG & MTGE FIN AGY REVENUE                     | CUSIP: 64613ABC5<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |  10165000 | PA      | $10178950.45  | 0.65%             | 2032-10-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| New Jersey Housing & Mortgage Finance Agency                                     | NEW JERSEY ST HSG & MTGE FIN AGY REVENUE                     | CUSIP: 64613AKY7<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |    250000 | PA      | $253068.78    | 0.02%             | 2030-04-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| New Jersey Housing & Mortgage Finance Agency                                     | NEW JERSEY ST HSG & MTGE FIN AGY REVENUE                     | CUSIP: 64613AKZ4<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |    425000 | PA      | $430383.94    | 0.03%             | 2030-10-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUSTFUND AUTH                       | CUSIP: 64613CFE3<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    230000 | PA      | $247112.74    | 0.02%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUSTFUND AUTH                       | CUSIP: 64613CFJ2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1357647.02   | 0.09%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Educational Assistance Foundation                                     | NEW MEXICO ST EDUCTNL ASSISTANCE FNDTN                       | CUSIP: 647110FH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100018.46    | 0.01%             | 2031-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| New Mexico Educational Assistance Foundation                                     | NEW MEXICO ST EDUCTNL ASSISTANCE FNDTN                       | CUSIP: 647110FJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100012.03    | 0.01%             | 2032-11-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| New Mexico Educational Assistance Foundation                                     | NEW MEXICO ST EDUCTNL ASSISTANCE FNDTN                       | CUSIP: 647110FK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $99710.50     | 0.01%             | 2033-09-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| New Mexico Educational Assistance Foundation                                     | NEW MEXICO ST EDUCTNL ASSISTANCE FNDTN                       | CUSIP: 647110FL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $19951.01     | 0.00%             | 2034-04-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| New Mexico Municipal Energy Acquisition Authority                                | NEW MEXICO ST MUNI ENERGY ACQUISITION AUTH GAS SPLY          | CUSIP: 647207BL2<br>LEI: 549300KZGG2YNDKKCE92 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10733378.00  | 0.68%             | 2054-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966MHF9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4080816.80   | 0.26%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971XCL0<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   4980000 | PA      | $5167541.82   | 0.33%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JSN9<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1557407.60   | 0.10%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF HSG REV                     | CUSIP: 64972KLH6<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |  12075000 | PA      | $12253555.44  | 0.78%             | 2065-05-01      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp                                     | NEW YORK ST ENVRNMNTL FACS CORP SOL WST DISP REVENUE         | CUSIP: 649852AR1<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2983357.50   | 0.19%             | 2044-12-01      | Floating      | 3.13%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp                                     | NEW YORK ST ENVRNMNTL FACS CORP SOL WST DISP REVENUE         | CUSIP: 649852AS9<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2024061.60   | 0.13%             | 2050-09-01      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp                                     | NEW YORK ST ENVRNMNTL FACS CORP SOL WST DISP REVENUE         | CUSIP: 649852AT7<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2358839.93   | 0.15%             | 2050-09-01      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                            | NEW YORK ST HSG FIN AGY ST PERSONAL INCOME TAX REVENUE       | CUSIP: 649870NF5<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |   5580000 | PA      | $5621827.68   | 0.36%             | 2054-06-15      | Floating      | 3.45%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP EXEMPT FAC REVENUE            | CUSIP: 650110AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $352797.59    | 0.02%             | 2034-10-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116AJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5472796.45   | 0.35%             | 2032-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116AK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5983973.40   | 0.38%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116BP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5001116.00   | 0.32%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116CJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2590000 | PA      | $2680260.98   | 0.17%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116CK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7595000 | PA      | $7839086.59   | 0.50%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116CX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15090000 | PA      | $15378863.34  | 0.98%             | 2030-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116EZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2775000 | PA      | $2626173.42   | 0.17%             | 2031-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Newark Housing Authority                                                         | NEWARK NJ HSG AUTH PORT NEWARK MARINE TERMINAL RENTAL REVENU | CUSIP: 65037RCH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5101171.50   | 0.32%             | 2027-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YSH0<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    180000 | PA      | $180923.09    | 0.01%             | 2033-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YSJ6<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    185000 | PA      | $185084.12    | 0.01%             | 2034-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION HLTH CARE FACS REVENUE | CUSIP: 65821DZV6<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |  23900000 | PA      | $26226034.04  | 1.67%             | 2055-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of North Carolina                                                          | NORTH CAROLINA ST LTD OBLIG                                  | CUSIP: 65829QBC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1565000 | PA      | $1539656.23   | 0.10%             | 2029-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Turnpike Authority                                                | NORTH CAROLINA ST TURNPIKE AUTH MONROE EXPRESSWAY TOLL REV   | CUSIP: 65830UAK8<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |    550000 | PA      | $449453.13    | 0.03%             | 2030-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Northampton County General Purpose Authority                                     | NORTHAMPTON CNTY PA GEN PURPOSE AUTH CLG REVENUE             | CUSIP: 66353LDG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1451922.92   | 0.09%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern California Energy Authority                                             | NRTHRN CA ENERGY AUTH COMMODITY SPLY REVENUE                 | CUSIP: 664840AL9<br>LEI: 5493001ZIJGWU7HYLH34 | Long             | DBT              | MUN               | US        |  23035000 | PA      | $24932911.24  | 1.59%             | 2054-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Indiana Commuter Transportation District                                | NORTHERN INDIANA COMMUTER TRANSPRTN DIST INDL REVENUE        | CUSIP: 66528PAX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009631.40   | 0.06%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Indiana Commuter Transportation District                                | NORTHERN INDIANA COMMUTER TRANSPRTN DIST INDL REVENUE        | CUSIP: 66528PAY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1412110.00   | 0.09%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                           | OHIO ST AIR QUALITY DEV AUTH                                 | CUSIP: 677525WB9<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   4450000 | PA      | $4382784.53   | 0.28%             | 2029-09-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                           | OHIO ST AIR QUALITY DEV AUTH                                 | CUSIP: 677525WS2<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2183716.73   | 0.14%             | 2040-11-01      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                           | OHIO ST AIR QUALITY DEV AUTH                                 | CUSIP: 677525WU7<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1675180.98   | 0.11%             | 2030-09-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                           | OHIO ST AIR QUALITY DEV AUTH                                 | CUSIP: 677525WV5<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1549386.12   | 0.10%             | 2039-11-01      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | OHIO ST PRIVATE ACTIVITY REVENUE                             | CUSIP: 67759YAL1<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1627952.63   | 0.10%             | 2029-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | OHIO ST PRIVATE ACTIVITY REVENUE                             | CUSIP: 67759YAM9<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   4585000 | PA      | $4592857.77   | 0.29%             | 2030-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio State University/The                                                        | OHIO ST UNIV                                                 | CUSIP: 677632L82<br>LEI: JFC10ZULKO4X2E3HBY86 | Long             | DBT              | MUN               | US        |   3320000 | PA      | $3713593.30   | 0.24%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Capitol Improvement Authority                                           | OKLAHOMA ST CAPITOL IMPT AUTH ST HIGHWAY CAP IMPT REVENUE    | CUSIP: 678514CU2<br>LEI: 549300LYHYBINTZ5AY71 | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2385712.46   | 0.15%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange Beach Water Sewer & Fire Protection Authority                             | ORANGE BEACH AL WTR SWR & FIREFIRE PROTN AUTH WTR REV        | CUSIP: 68407MAR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $537608.14    | 0.03%             | 2030-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oregon Health & Science University                                               | OREGON ST HLTH & SCIENCE UNIV REVENUE                        | CUSIP: 685869EP0<br>LEI: 549300XTWOAGON8L2G98 | Long             | DBT              | MUN               | US        |   7390000 | PA      | $7468391.64   | 0.48%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon Housing & Community Services Department                          | OREGON ST HSG & CMNTY SVCS DEPT MF REVENUE                   | CUSIP: 68608ENL2<br>LEI: 549300N3PYWYJ0Z8N757 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6098926.20   | 0.39%             | 2048-01-10      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                    | PALM BEACH CNTY FL HLTH FACS AUTH                            | CUSIP: 69650MAV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  18130000 | PA      | $18360412.36  | 1.17%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Park Creek Metropolitan District                                                 | PARK CREEK CO MET DIST REVENUE                               | CUSIP: 700387DB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1502389.50   | 0.10%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Park Creek Metropolitan District                                                 | PARK CREEK CO MET DIST REVENUE                               | CUSIP: 700387DC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1502389.50   | 0.10%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Park Creek Metropolitan District                                                 | PARK CREEK CO MET DIST REVENUE                               | CUSIP: 700387DE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1352150.55   | 0.09%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Park Creek Metropolitan District                                                 | PARK CREEK CO MET DIST REVENUE                               | CUSIP: 700387DF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1502389.50   | 0.10%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV  | CUSIP: 70868YAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $4003640.63   | 0.25%             | 2029-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV  | CUSIP: 70868YAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3758545.00   | 0.24%             | 2030-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH SOLID WASTE DISPOSAL REV  | CUSIP: 708692BT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3795000 | PA      | $3798754.39   | 0.24%             | 2041-06-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                   | CUSIP: 70869PHU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13100000 | PA      | $13215821.03  | 0.84%             | 2030-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                   | CUSIP: 70869PHV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16500000 | PA      | $16613846.70  | 1.06%             | 2034-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                   | CUSIP: 70869PJX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5045880.50   | 0.32%             | 2029-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH UPMC REVENUE              | CUSIP: 70870JBX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2720006.25   | 0.17%             | 2030-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH UPMC REVENUE              | CUSIP: 70870JEQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5715000 | PA      | $6290094.74   | 0.40%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH UPMC REVENUE              | CUSIP: 70870JGZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3801703.15   | 0.24%             | 2060-03-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                  | PENNSYLVANIA HGR EDU ASSISTANCE AGY LOAN REVENUE             | CUSIP: 70878CBM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3699206.00   | 0.24%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 7087968D2<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   8890000 | PA      | $8689429.15   | 0.55%             | 2032-10-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QPP2<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1517909.90   | 0.10%             | 2030-04-01      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QPQ0<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    875000 | PA      | $814552.90    | 0.05%             | 2030-10-01      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QT60<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    200000 | PA      | $217952.26    | 0.01%             | 2030-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QT78<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    500000 | PA      | $547944.35    | 0.03%             | 2030-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                     | PENNSYLVANIA ST                                              | CUSIP: 70914P3U4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $8321154.75   | 0.53%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                     | PENNSYLVANIA ST                                              | CUSIP: 70914PK43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1547413.08   | 0.10%             | 2029-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917SXN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $276642.74    | 0.02%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917SXQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3320000 | PA      | $3337521.96   | 0.21%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917SXS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004294.90   | 0.06%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917TNR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6625000 | PA      | $6700376.60   | 0.43%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709224WH8<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3106361.10   | 0.20%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709224WJ4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   4075000 | PA      | $4215956.29   | 0.27%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709224ZT9<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046692.10   | 0.07%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709224ZU6<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1815000 | PA      | $1893910.94   | 0.12%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709224ZV4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1561997.55   | 0.10%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709224ZW2<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   2005000 | PA      | $2083733.94   | 0.13%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA                                                          | PHILADELPHIA PA                                              | CUSIP: 717813TN9<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6112666.80   | 0.39%             | 2032-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Airport Revenue                                          | PHILADELPHIA PA ARPT REVENUE                                 | CUSIP: 717817UU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5540269.00   | 0.35%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | PHILADELPHIA PA AUTH FOR INDL DEV REVENUES                   | CUSIP: 71781XFY4<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    200000 | PA      | $195913.08    | 0.01%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Gas Works Co                                                        | PHILADELPHIA PA GAS WKS REVENUE                              | CUSIP: 7178238H4<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |    425000 | PA      | $432163.89    | 0.03%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia/The                                              | PHILADELPHIA PA SCH DIST                                     | CUSIP: 717883ZM7<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3308925.10   | 0.21%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia/The                                              | PHILADELPHIA PA SCH DIST                                     | CUSIP: 717883ZN5<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   2675000 | PA      | $2775670.42   | 0.18%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia/The                                              | PHILADELPHIA PA SCH DIST                                     | CUSIP: 717883ZP0<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   1630000 | PA      | $1725589.23   | 0.11%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Plaza Metropolitan District No 1                                                 | PLAZA CO MET DIST #1 REVENUE                                 | CUSIP: 72818QAV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5280000 | PA      | $5280727.06   | 0.34%             | 2025-12-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                        | CUSIP: 73358WS21<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |  10445000 | PA      | $10653915.67  | 0.68%             | 2030-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                        | CUSIP: 73358XAK8<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   3730000 | PA      | $4051840.81   | 0.26%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                        | CUSIP: 73358XCS9<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |  13990000 | PA      | $13853575.12  | 0.88%             | 2030-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                        | CUSIP: 73358XNJ7<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10884769.00  | 0.69%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of Houston of Harris County Texas                                 | PORT HOUSTON TX AUTH                                         | CUSIP: 734262GF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2213998.80   | 0.14%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Morrow OR                                                                | PORT OF MORROW OR                                            | CUSIP: 73473RDA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1222096.78   | 0.08%             | 2030-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port of Morrow OR                                                                | PORT OF MORROW OR                                            | CUSIP: 73473REW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    880000 | PA      | $894086.42    | 0.06%             | 2030-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port of Morrow OR                                                                | PORT OF MORROW OR                                            | CUSIP: 73473RFG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17000000 | PA      | $16999558.00  | 1.08%             | 2026-10-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 7353892B3<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3271722.60   | 0.21%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 735389P69<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1092085.50   | 0.07%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 735389ZV3<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   6695000 | PA      | $6846679.24   | 0.44%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 735389ZW1<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6125384.40   | 0.39%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Portland ME General Airport Revenue                                      | PORTLAND ME ARPT REVENUE                                     | CUSIP: 736564EL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018083.00   | 0.06%             | 2035-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Poway Unified School District                                                    | POWAY CA UNIF SCH DIST                                       | CUSIP: 738850QN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $8840274.00   | 0.56%             | 2030-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Poway Unified School District                                                    | POWAY CA UNIF SCH DIST                                       | CUSIP: 738850QQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $6248274.75   | 0.40%             | 2032-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Prince George's MD                                                     | PRINCE GEORGES CNTY MD SPL OBLG                              | CUSIP: 74172RBN6<br>LEI: 549300NSQ1W50I0VU811 | Long             | DBT              | MUN               | US        |    585000 | PA      | $592370.24    | 0.04%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                          | CUSIP: 744396EY4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    395000 | PA      | $393215.47    | 0.03%             | 2029-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                          | CUSIP: 744396FZ0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    650000 | PA      | $655951.14    | 0.04%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                 | KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE              | CUSIP: 74440DDS0<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   6545000 | PA      | $6726409.07   | 0.43%             | 2052-08-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI HOSP REVENUE                              | CUSIP: 74442CDE1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    125000 | PA      | $121933.76    | 0.01%             | 2026-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EGA2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1416565.20   | 0.09%             | 2030-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EHA1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    695000 | PA      | $701640.45    | 0.04%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PD51<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2173080 | PA      | $2177640.58   | 0.14%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PH99<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    240000 | PA      | $258329.11    | 0.02%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PL52<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2770000 | PA      | $2957306.85   | 0.19%             | 2041-10-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PL60<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4230000 | PA      | $4358707.48   | 0.28%             | 2041-10-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI ARPT FACS REVENUE                         | CUSIP: 74443CAB9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    755000 | PA      | $755614.95    | 0.05%             | 2028-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI RETMNT FAC REVENUE                        | CUSIP: 74444VAU4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    970000 | PA      | $949910.04    | 0.06%             | 2030-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI SOL WST DISP REVENUE                      | CUSIP: 74445MAA7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3000000.00   | 0.19%             | 2025-11-01      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH LESE REVENUE                     | CUSIP: 74446LAA8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    335000 | PA      | $317468.68    | 0.02%             | 2030-06-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI POLL CONTROL REVENUE                      | CUSIP: 74447HAC2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1792154.53   | 0.11%             | 2046-10-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3G0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   6990000 | PA      | $7186367.27   | 0.46%             | 2027-07-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1533577 | PA      | $1637754.57   | 0.10%             | 2029-07-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JQD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14055000 | PA      | $12425135.82  | 0.79%             | 2029-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JQE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  33523000 | PA      | $27414841.22  | 1.75%             | 2031-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JQU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5755000 | PA      | $4706392.96   | 0.30%             | 2031-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JQV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6477000 | PA      | $4904245.14   | 0.31%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Raleigh NC Combined Enterprise System Revenue                            | RALEIGH NC COMB ENTERPRISE SYS REVENUE                       | CUSIP: 751100KB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7315000 | PA      | $7317829.44   | 0.47%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                              | RHODE ISLAND ST STUDENT LOAN AUTH LOAN REVENUE               | CUSIP: 762323BY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1950000 | PA      | $2061038.66   | 0.13%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                              | RHODE ISLAND ST STUDENT LOAN AUTH LOAN REVENUE               | CUSIP: 762323BZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1380077.79   | 0.09%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Roanoke Economic Development Authority                                           | ROANOKE VA ECON DEV AUTH HOSPREVENUE                         | CUSIP: 770082CB9<br>LEI: 549300P5QQORJY0U4T83 | Long             | DBT              | MUN               | US        |   7960000 | PA      | $8580076.04   | 0.55%             | 2053-07-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Roanoke Economic Development Authority                                           | ROANOKE VA ECON DEV AUTH HOSPREVENUE                         | CUSIP: 770082CJ2<br>LEI: 549300P5QQORJY0U4T83 | Long             | DBT              | MUN               | US        |   4665000 | PA      | $5125534.86   | 0.33%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saginaw Valley State University                                                  | SAGINAW VLY MI ST UNIV REVENUE                               | CUSIP: 78689HKU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2070000 | PA      | $2097509.68   | 0.13%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saginaw Valley State University                                                  | SAGINAW VLY MI ST UNIV REVENUE                               | CUSIP: 78689HKV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1448718.84   | 0.09%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Parish of St James LA                                                            | SAINT JAMES PARISH LA REVENUE                                | CUSIP: 790103AU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9875000 | PA      | $10855253.73  | 0.69%             | 2038-06-01      | Floating      | 6.10%                 | No            |                  2 | On Loan: No      |
| Parish of St James LA                                                            | SAINT JAMES PARISH LA REVENUE                                | CUSIP: 790103AZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009748.40   | 0.06%             | 2041-08-01      | Floating      | 3.70%                 | No            |                  2 | On Loan: No      |
| St Johns County Industrial Development Authority                                 | SAINT JOHNS CNTY FL INDL DEV AUTH SENIOR LIVING REVENUE      | CUSIP: 79041LAE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $179813.63    | 0.01%             | 2025-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| St Johns County Industrial Development Authority                                 | SAINT JOHNS CNTY FL INDL DEV AUTH SENIOR LIVING REVENUE      | CUSIP: 79041LAH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $196948.10    | 0.01%             | 2028-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| St Johns County Industrial Development Authority                                 | SAINT JOHNS CNTY FL INDL DEV AUTH SENIOR LIVING REVENUE      | CUSIP: 79041LAJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $210968.71    | 0.01%             | 2029-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| St Johns County Industrial Development Authority                                 | SAINT JOHNS CNTY FL INDL DEV AUTH SENIOR LIVING REVENUE      | CUSIP: 79041LAK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $190820.33    | 0.01%             | 2030-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| St Johns County Industrial Development Authority                                 | SAINT JOHNS CNTY FL INDL DEV AUTH SENIOR LIVING REVENUE      | CUSIP: 79041LAL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $200001.81    | 0.01%             | 2031-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of St Johns FL Water & Sewer Revenue                                      | SAINT JOHNS CNTY FL WTR & SWR REVENUE                        | CUSIP: 790420LA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1732179.80   | 0.11%             | 2030-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of St Johns FL Water & Sewer Revenue                                      | SAINT JOHNS CNTY FL WTR & SWR REVENUE                        | CUSIP: 790420LB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1083440.51   | 0.07%             | 2031-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of St Johns FL Water & Sewer Revenue                                      | SAINT JOHNS CNTY FL WTR & SWR REVENUE                        | CUSIP: 790420LC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2495000 | PA      | $2012011.41   | 0.13%             | 2032-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| St Louis Land Clearance for Redevelopment Authority                              | SAINT LOUIS MO LAND CLEARANCEREDEV AUTH SPL REVENUE          | CUSIP: 79165YAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $271683.72    | 0.02%             | 2035-10-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp                                                    | SALES TAX SECURITIZATION CORP IL                             | CUSIP: 79467BEF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10803803.00  | 0.69%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                               | CUSIP: 795576JN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3495000 | PA      | $3794084.63   | 0.24%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                               | CUSIP: 795576LM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2980000 | PA      | $3235013.50   | 0.21%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                      | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE             | CUSIP: 79739GGH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027555.50   | 0.07%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Norman Y Mineta San Jose International Airport SJC                               | SAN JOSE CA ARPT REVENUE                                     | CUSIP: 798136VJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $511995.80    | 0.03%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Norman Y Mineta San Jose International Airport SJC                               | SAN JOSE CA ARPT REVENUE                                     | CUSIP: 798136VK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1533937.65   | 0.10%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Norman Y Mineta San Jose International Airport SJC                               | SAN JOSE CA ARPT REVENUE                                     | CUSIP: 798136VL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021235.90   | 0.07%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Norman Y Mineta San Jose International Airport SJC                               | SAN JOSE CA ARPT REVENUE                                     | CUSIP: 798136VM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    975000 | PA      | $994345.37    | 0.06%             | 2033-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Norman Y Mineta San Jose International Airport SJC                               | SAN JOSE CA ARPT REVENUE                                     | CUSIP: 798136VN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1273486.00   | 0.08%             | 2034-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Norman Y Mineta San Jose International Airport SJC                               | SAN JOSE CA ARPT REVENUE                                     | CUSIP: 798136VP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2035151.40   | 0.13%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Rafael City Elementary School District                                       | SAN RAFAEL CA ELEM SCH DIST                                  | CUSIP: 799306ME2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6350000 | PA      | $5577714.27   | 0.36%             | 2030-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Santa Fe NM                                                              | SANTA FE NM RETMNT FAC REVENUE                               | CUSIP: 802170AH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000659.80   | 0.06%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sarasota National Community Development District                                 | SARASOTA NATIONAL FL CDD SPL ASSMNT                          | CUSIP: 80342PAG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008834.60   | 0.06%             | 2031-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Sartell-St Stephen Independent School District No 748                            | SARTELL MN INDEP SCH DIST #748                               | CUSIP: 803820KY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3915000 | PA      | $3347225.17   | 0.21%             | 2030-02-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Sartell-St Stephen Independent School District No 748                            | SARTELL MN INDEP SCH DIST #748                               | CUSIP: 803820KZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2190000 | PA      | $1801493.56   | 0.11%             | 2031-02-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Sartell-St Stephen Independent School District No 748                            | SARTELL MN INDEP SCH DIST #748                               | CUSIP: 803820LA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1145422.57   | 0.07%             | 2032-02-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Shawnee KS                                                               | SHAWNEE KS EDU FACS REVENUE                                  | CUSIP: 820668AA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $382881.04    | 0.02%             | 2031-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Socorro Independent School District                                              | SOCORRO TX INDEP SCH DIST                                    | CUSIP: 833715KC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2275000 | PA      | $2298894.33   | 0.15%             | 2034-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HOSP REVENUE            | CUSIP: 83703FLJ9<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10432005.00  | 0.66%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 837151WT2<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   2800000 | PA      | $3085598.32   | 0.20%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City Of South Miami Health Facilities Authority Inc                              | S MIAMI FL HLTH FACS AUTH                                    | CUSIP: 838810DU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3245000 | PA      | $3363724.82   | 0.21%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City Of South Miami Health Facilities Authority Inc                              | S MIAMI FL HLTH FACS AUTH                                    | CUSIP: 838810DV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3130000 | PA      | $3244121.37   | 0.21%             | 2031-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City Of South Miami Health Facilities Authority Inc                              | S MIAMI FL HLTH FACS AUTH                                    | CUSIP: 838810DY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6475000 | PA      | $6686900.20   | 0.43%             | 2034-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City Of South Miami Health Facilities Authority Inc                              | S MIAMI FL HLTH FACS AUTH                                    | CUSIP: 838810EM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3277868.10   | 0.21%             | 2065-08-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COMMODITY SPLY REVENUE              | CUSIP: 84136FBB2<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   9375000 | PA      | $9759632.81   | 0.62%             | 2053-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COMMODITY SPLY REVENUE              | CUSIP: 84136FBM8<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |  30265000 | PA      | $31761017.11  | 2.02%             | 2053-01-01      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                     | CUSIP: 84136HBC6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1316733.08   | 0.08%             | 2056-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeastern Pennsylvania Transportation Authority                               | S ESTRN PA TRANSPRTN AUTH                                    | CUSIP: 842039ER6<br>LEI: 98450061A2F3FD36E493 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5486717.00   | 0.35%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Spring Branch Independent School District                                        | SPRING BRANCH TX INDEP SCH DIST                              | CUSIP: 849476TJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5015252.50   | 0.32%             | 2033-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Spring Lake Park MN                                                      | SPRING LAKE PARK MN CHRT SCH LEASE REVENUE                   | CUSIP: 849824AA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    820000 | PA      | $812384.50    | 0.05%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of St Louis Missouri/The            | SAINT LOUIS MO INDL DEV AUTH FING REVENUE                    | CUSIP: 85236BAA0<br>LEI: 549300WTUL8KX1FOUZ40 | Long             | DBT              | MUN               | US        |    635000 | PA      | $612780.72    | 0.04%             | 2029-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP HOSP REVENUE      | CUSIP: 87638QSG5<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   3585000 | PA      | $3891260.10   | 0.25%             | 2052-11-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP REVENUE           | CUSIP: 87638TGK3<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   9435000 | PA      | $9941373.62   | 0.63%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Airport System Revenue                                      | County of Broward FL Airport System Revenue                  | CUSIP: 114894RB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  18095007 | PA      | $18103663.97  | 1.15%             | 2033-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Airport System Revenue                                      | County of Broward FL Airport System Revenue                  | CUSIP: 114894RC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  18820000 | PA      | $18829003.59  | 1.20%             | 2033-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Airport System Revenue                                      | County of Broward FL Airport System Revenue                  | CUSIP: 114894RD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  19574993 | PA      | $19584357.91  | 1.25%             | 2033-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Airport System Revenue                                      | County of Broward FL Airport System Revenue                  | CUSIP: 114894RR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20355002 | PA      | $20364740.17  | 1.30%             | 2033-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Airport System Revenue                                      | County of Broward FL Airport System Revenue                  | CUSIP: 114894RA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17199981 | PA      | $17208209.68  | 1.10%             | 2033-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | City & County of Denver CO Airport System Revenue            | CUSIP: 249182FL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2230103 | PA      | $2231252.06   | 0.14%             | 2032-11-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | City & County of Denver CO Airport System Revenue            | CUSIP: 249182FH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8084896 | PA      | $8089062.73   | 0.52%             | 2032-11-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DFK3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |  18464999 | PA      | $19754079.30  | 1.26%             | 2053-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennergy Corp/TN                                                                 | TENNERGY CORP TN GAS REVENUE                                 | CUSIP: 880397BW3<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6126599.40   | 0.39%             | 2051-12-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp                                                | TENNESSEE ENERGY ACQUISITION CORP COMMODITY PROJECT REVENUE  | CUSIP: 88044TAL3<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5393378.50   | 0.34%             | 2052-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp III                                | TEXAS ST MUNI GAS ACQUISITION& SPLY CORP III GAS SPLY REVEN  | CUSIP: 88256HBF4<br>LEI: 0UDITKOYW0YKG3BBP242 | Long             | DBT              | MUN               | US        |   8935000 | PA      | $9575876.28   | 0.61%             | 2030-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp III                                | TEXAS ST MUNI GAS ACQUISITION& SPLY CORP III GAS SPLY REVEN  | CUSIP: 88256HBH0<br>LEI: 0UDITKOYW0YKG3BBP242 | Long             | DBT              | MUN               | US        |   9080000 | PA      | $9914379.36   | 0.63%             | 2032-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp IV                                 | TEXAS ST MUNI GAS ACQUISITION& SPLY CORP IV                  | CUSIP: 88256PAG5<br>LEI: 549300PTUE847QDBBW22 | Long             | DBT              | MUN               | US        |  13000000 | PA      | $13936120.90  | 0.89%             | 2054-01-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp V                                  | TEXAS ST MUNI GAS ACQUISITION & SPLY CORP V GAS SPLY REVENUE | CUSIP: 88256RAK2<br>LEI: 254900XZ4J30QIJO9G03 | Long             | DBT              | MUN               | US        |   8100000 | PA      | $8915385.69   | 0.57%             | 2055-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                                | TOBACCO SETTLEMENT FING CORP NJ                              | CUSIP: 888808HF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16740000 | PA      | $17563320.07  | 1.12%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                                | TOBACCO SETTLEMENT FING CORP NJ                              | CUSIP: 888808HH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8270000 | PA      | $8630725.82   | 0.55%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp/RI                                             | TOBACCO SETTLEMENT FING CORP RI                              | CUSIP: 888809BA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2762442.93   | 0.18%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp/RI                                             | TOBACCO SETTLEMENT FING CORP RI                              | CUSIP: 888809BB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4520361.15   | 0.29%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp/RI                                             | TOBACCO SETTLEMENT FING CORP RI                              | CUSIP: 888809BC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4215000 | PA      | $4234096.90   | 0.27%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tolomato Community Development District                                          | TOLOMATO FL CDD                                              | CUSIP: 889560DF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $412805.26    | 0.03%             | 2029-05-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Upper Illinois River Valley Development Authority                                | UPPER IL RIVER VLY DEV AUTH                                  | CUSIP: 91588XAF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $250238.92    | 0.02%             | 2031-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Vermont Economic Development Authority                                           | VERMONT ST ECON DEV AUTH SOLID WST DISP REVENUE              | CUSIP: 924157AC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4051644.00   | 0.26%             | 2052-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 5                                      | VLG FL CDD #5 SPL ASSMNT REVENUE                             | CUSIP: 92707SAQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    810000 | PA      | $809994.74    | 0.05%             | 2033-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 5                                      | VLG FL CDD #5 SPL ASSMNT REVENUE                             | CUSIP: 92707SAR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    880000 | PA      | $874687.53    | 0.06%             | 2028-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 5                                      | VLG FL CDD #5 SPL ASSMNT REVENUE                             | CUSIP: 92707SBB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1825000 | PA      | $1824245.36   | 0.12%             | 2034-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 5                                      | VLG FL CDD #5 SPL ASSMNT REVENUE                             | CUSIP: 92707SBC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1754344.87   | 0.11%             | 2028-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 15                                     | VILLAGE CDD NO 15 SPL ASSMNT REVENUE                         | CUSIP: 92708KAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    560000 | PA      | $566064.52    | 0.04%             | 2028-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 16                                     | VLG CDD #16 FL SPL ASSMNT REVENUE                            | CUSIP: 92708MAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1050427.14   | 0.07%             | 2030-05-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Virginia Commonwealth Transportation Board                                       | VIRGINIA ST CMWLTH TRANSPRTN BRD FEDERAL TRANSPRTRN GRANT    | CUSIP: 92778UBC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5090557.50   | 0.32%             | 2030-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Convention Center Public Facilities District                    | WASHINGTON ST CONVENTION CENTER PUBLIC FACS DIST             | CUSIP: 93976ACR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4240000 | PA      | $4367670.22   | 0.28%             | 2031-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783P59<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    285000 | PA      | $287525.98    | 0.02%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783P67<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    350000 | PA      | $358213.17    | 0.02%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783P75<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    550000 | PA      | $570779.44    | 0.04%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783P83<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    775000 | PA      | $815208.16    | 0.05%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783P91<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    815000 | PA      | $867697.41    | 0.06%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                            | CUSIP: 93978HC86<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10946006.00  | 0.70%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                            | CUSIP: 93978HD69<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1743665.76   | 0.11%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                            | CUSIP: 93978HTN5<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   9485000 | PA      | $9732636.28   | 0.62%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Township Health Care District                                         | WASHINGTON TWP CA HLTH CARE DIST REVENUE                     | CUSIP: 940204ER7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $736687.20    | 0.05%             | 2028-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Waunakee Community School District                                               | WAUNAKEE WI CMNTY SCH DIST                                   | CUSIP: 943186PX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11820000 | PA      | $11995957.25  | 0.76%             | 2030-04-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                                                   | WAYNE CNTY MI ARPT AUTH REVENUE                              | CUSIP: 9445142U1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12500000 | PA      | $13552740.00  | 0.86%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Hospital & Health Facilities Authority                              | WAYNE CNTY PA HOSP & HLTH FACS AUTH CNTY GTD HOSP REVENUE    | CUSIP: 946016JT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $108130.26    | 0.01%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Hospital & Health Facilities Authority                              | WAYNE CNTY PA HOSP & HLTH FACS AUTH CNTY GTD HOSP REVENUE    | CUSIP: 946016JV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $443525.02    | 0.03%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| West Cornwall Township Municipal Authority                                       | W CORNWALL TWP PA MUNI AUTH                                  | CUSIP: 95235TAL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $129477.79    | 0.01%             | 2027-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| West Cornwall Township Municipal Authority                                       | W CORNWALL TWP PA MUNI AUTH                                  | CUSIP: 95235TAM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $104505.67    | 0.01%             | 2028-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| West Cornwall Township Municipal Authority                                       | W CORNWALL TWP PA MUNI AUTH                                  | CUSIP: 95235TAN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $139329.16    | 0.01%             | 2029-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| West Cornwall Township Municipal Authority                                       | W CORNWALL TWP PA MUNI AUTH                                  | CUSIP: 95235TAQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $198997.74    | 0.01%             | 2031-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Hospital Finance Authority                                         | WEST VIRGINIA ST HOSP FIN AUTH                               | CUSIP: 956622M76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1950000 | PA      | $2013475.43   | 0.13%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Hospital Finance Authority                                         | WEST VIRGINIA ST HOSP FIN AUTH                               | CUSIP: 956622M92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1131643.15   | 0.07%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westmoreland County Municipal Authority                                          | WESTMORELAND CNTY PA MUNI AUTH                               | CUSIP: 961017RG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5196032.00   | 0.33%             | 2031-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westmoreland County Municipal Authority                                          | WESTMORELAND CNTY PA MUNI AUTH                               | CUSIP: 961017RH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17945000 | PA      | $18643613.21  | 1.19%             | 2032-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity Funds                                                        | BlackRock Liquidity Funds: MuniCash, Institutional Shares    | CUSIP: 09248U841<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |   6288690 | NS      | $6289318.37   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Home Ownership Revenue        | WISCONSIN ST HSG & ECON DEV AUTH HOME OWNERSHIP REVENUE      | CUSIP: 97689QEK8<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |   7265000 | PA      | $7208823.39   | 0.46%             | 2032-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712DT63<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2621906.25   | 0.17%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JJH7<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1085000 | PA      | $1080403.61   | 0.07%             | 2028-08-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Wiseburn School District                                                         | WISEBURN CA SCH DIST                                         | CUSIP: 977266FN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7505000 | PA      | $6613878.82   | 0.42%             | 2030-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Wyandotte County-Kansas City Unified Government Utility System Revenue           | WYANDOTTE CNTY/KANSAS CITY KS UNIF GOVT UTILITY SYS REVENUE  | CUSIP: 982674KV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1371863.34   | 0.09%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-28

**Name of Applicant:** BlackRock Municipal 2030 Target Term Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer