# EDGAR Filing Document

**Accession Number:** 0000897269
**File Stem:** 0001752724-25-157887
**Filing Date:** 2025-6
**Character Count:** 147923
**Document Hash:** 2f115c30430d743799088ccc4d468424
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-157887.hdr.sgml**: 20250626

**ACCESSION NUMBER**: 0001752724-25-157887

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250626

**DATE AS OF CHANGE**: 20250626

**PERIOD START**: 20250731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK MUNIVEST FUND II, INC.
- **CENTRAL INDEX KEY:** 0000897269

**ORGANIZATION NAME:**
- **EIN:** 223220659
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07478
- **FILM NUMBER:** 251076948

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

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BLACKROCK MUNIVEST FUND II INC
- **DATE OF NAME CHANGE:** 20061026

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MUNIVEST FUND II INC
- **DATE OF NAME CHANGE:** 19930714

## Nport-Ex

April 30, 2025

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

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

**BlackRock MuniVest Fund II, Inc. (MVT)**<br>

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

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

------

Schedule of Investments (unaudited)

April 30, 2025

**BlackRock MuniVest Fund II, Inc. (MVT)** 

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br>*(000)*<br>| *Value* |
| **Municipal Bonds** | **Municipal Bonds** | **Municipal Bonds** |
| **Alabama — 1.7%** | **Alabama — 1.7%** |  |
| &nbsp;&nbsp;&nbsp; Black Belt Energy Gas District, RB, Series F, 5.50%, <br> 11/01/53<sup>(a)</sup><br>| $405 | &nbsp;&nbsp; $423649 |
| &nbsp;&nbsp;&nbsp; County of Jefferson Alabama Sewer Revenue, Refunding <br> RB, 5.25%, 10/01/49<br>| 2035 | &nbsp;&nbsp; 2045991 |
| Southeast Energy Authority A Cooperative District, RB<sup>(a)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/56 | 770 | &nbsp;&nbsp; 788799 |
| &nbsp;&nbsp;&nbsp; Series A-1, 5.50%, 01/01/53 | 685 | &nbsp;&nbsp; 725886 |
|  |  | &nbsp;&nbsp; 3984325 |
| **Arizona — 1.0%** | **Arizona — 1.0%** |  |
| &nbsp;&nbsp;&nbsp; City of Phoenix Civic Improvement Corp., RB, Junior Lien, <br> 5.25%, 07/01/47<br>| 760 | &nbsp;&nbsp; 804979 |
| &nbsp;&nbsp;&nbsp; Glendale Industrial Development Authority, RB, 5.00%, <br> 05/15/56<br>| 90 | &nbsp;&nbsp; 81100 |
| &nbsp;&nbsp;&nbsp; Industrial Development Authority of the City of Phoenix <br> Arizona, RB, Series A, 5.00%, 07/01/46<sup>(b)</sup><br>| 1685 | &nbsp;&nbsp; 1573139 |
|  |  | &nbsp;&nbsp; 2459218 |
| **Arkansas — 1.1%** | **Arkansas — 1.1%** |  |
| Arkansas Development Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, 4.75%, 09/01/49<sup>(b)</sup> | 2305 | &nbsp;&nbsp; 2102920 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 5.70%, 05/01/53 | 435 | &nbsp;&nbsp; 437688 |
|  |  | &nbsp;&nbsp; 2540608 |
| **California — 4.5%** | **California — 4.5%** |  |
| &nbsp;&nbsp;&nbsp; California Educational Facilities Authority, RB, Series U-7, <br> 5.00%, 06/01/46<br>| 920 | &nbsp;&nbsp; 997563 |
| &nbsp;&nbsp;&nbsp; California Infrastructure & Economic Development Bank, <br> Refunding RB, Series A, Class B, AMT, Sustainability <br> Bonds, 9.50%, 01/01/65<sup>(a)(b)</sup><br>| 1135 | &nbsp;&nbsp; 1091636 |
| &nbsp;&nbsp;&nbsp; California Municipal Finance Authority, ARB, AMT, Senior <br> Lien, 4.00%, 12/31/47<br>| 1475 | &nbsp;&nbsp; 1249538 |
| &nbsp;&nbsp;&nbsp; California Pollution Control Financing Authority, RB, AMT, <br> 5.00%, 11/21/45<sup>(b)</sup><br>| 1495 | &nbsp;&nbsp; 1466511 |
| Central Valley Energy Authority, RB, 5.00%, 12/01/55<sup>(a)</sup> | 475 | &nbsp;&nbsp; 510376 |
| &nbsp;&nbsp;&nbsp; City of Los Angeles Department of Airports, ARB, <br> Series A, AMT, 4.00%, 05/15/42<br>| 1345 | &nbsp;&nbsp; 1219215 |
| &nbsp;&nbsp;&nbsp; City of Los Angeles Department of Airports, Refunding <br> ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp; AMT, Subordinate, 5.00%, 05/15/46 | 1155 | &nbsp;&nbsp; 1165958 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, Sustainability Bonds, 5.50%, 05/15/55 | 1035 | &nbsp;&nbsp; 1082002 |
| &nbsp;&nbsp;&nbsp; San Marcos Unified School District, GO, CAB, Series B, <br> Election 2010, 0.00%, 08/01/42<sup>(c)</sup><br>| 2000 | &nbsp;&nbsp; 884428 |
| &nbsp;&nbsp;&nbsp; Val Verde Unified School District, GO, Series G, Election <br> 2012, (AGM), 4.00%, 08/01/48<br>| 1170 | &nbsp;&nbsp; 1060384 |
|  |  | &nbsp;&nbsp; 10727611 |
| **Colorado — 0.4%** | **Colorado — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; City & County of Denver Colorado Airport System <br> Revenue, Refunding ARB, Series D, AMT, 5.75%, <br> 11/15/45<br>| 425 | &nbsp;&nbsp; 452674 |
| Colorado Health Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 11/01/47 | 175 | &nbsp;&nbsp; 181884 |
| &nbsp;&nbsp;&nbsp; 5.25%, 11/01/52 | 360 | &nbsp;&nbsp; 369752 |
|  |  | &nbsp;&nbsp; 1004310 |
| **Delaware — 0.6%** | **Delaware — 0.6%** |  |
| &nbsp;&nbsp;&nbsp; Delaware River & Bay Authority, Refunding RB, 4.00%, <br> 01/01/44<br>| 1500 | &nbsp;&nbsp; 1382666 |
| **District of Columbia — 7.4%** | **District of Columbia — 7.4%** |  |
| &nbsp;&nbsp;&nbsp; District of Columbia Income Tax Revenue, RB, Series A, <br> 5.25%, 05/01/48<br>| 380 | &nbsp;&nbsp; 400489 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **District of Columbia (continued)** | **District of Columbia (continued)** |  |
| &nbsp;&nbsp;&nbsp; District of Columbia, Refunding GO, Series A, 5.25%, <br> 01/01/48<br>| 730 | &nbsp;&nbsp; $765841 |
| District of Columbia, Refunding RB, 5.00%, 10/01/48 | 2315 | &nbsp;&nbsp; 2197931 |
| &nbsp;&nbsp;&nbsp; Metropolitan Washington Airports Authority Dulles Toll <br> Road Revenue, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, 2nd Senior Lien, (AGC), 0.00%, 10/01/33<sup>(c)</sup> | 6590 | &nbsp;&nbsp; 4695092 |
| &nbsp;&nbsp;&nbsp; Series B, 2nd Senior Lien, (AGC), 0.00%, 10/01/34<sup>(c)</sup> | 4830 | &nbsp;&nbsp; 3279097 |
| &nbsp;&nbsp;&nbsp; Series B, 2nd Senior Lien, (AGC), 0.00%, 10/01/35<sup>(c)</sup> | 6515 | &nbsp;&nbsp; 4208598 |
| &nbsp;&nbsp;&nbsp; Series B, Subordinate, 4.00%, 10/01/49 | 1790 | &nbsp;&nbsp; 1541962 |
| &nbsp;&nbsp;&nbsp; Washington Metropolitan Area Transit Authority Dedicated <br> Revenue, RB, Series A, Sustainability Bonds, 4.13%, <br> 07/15/47<br>| 575 | &nbsp;&nbsp; 522663 |
|  |  | &nbsp;&nbsp; 17611673 |
| **Florida — 5.5%** | **Florida — 5.5%** |  |
| &nbsp;&nbsp;&nbsp; Celebration Pointe Community Development District No. <br> 1, SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/32 | 340 | &nbsp;&nbsp; 336600 |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/48 | 1120 | &nbsp;&nbsp; 1108800 |
| &nbsp;&nbsp;&nbsp; City of Fort Lauderdale Florida Water & Sewer Revenue, <br> RB, Series B, 5.50%, 09/01/48<br>| 1280 | &nbsp;&nbsp; 1380933 |
| &nbsp;&nbsp;&nbsp; County of Broward Florida Water & Sewer Utility Revenue, <br> RB, Series A, 4.00%, 10/01/45<br>| 210 | &nbsp;&nbsp; 193957 |
| &nbsp;&nbsp;&nbsp; County of Lee Florida Airport Revenue, ARB, Series B, <br> AMT, 5.00%, 10/01/46<br>| 995 | &nbsp;&nbsp; 994631 |
| &nbsp;&nbsp;&nbsp; County of Miami-Dade Seaport Department, Refunding <br> RB, Series A, AMT, 5.25%, 10/01/52<br>| 2680 | &nbsp;&nbsp; 2715460 |
| County of Pasco Florida, RB |  |  |
| &nbsp;&nbsp;&nbsp; (AGM), 5.00%, 09/01/48 | 3805 | &nbsp;&nbsp; 3876033 |
| &nbsp;&nbsp;&nbsp; (AGM), 5.75%, 09/01/54 | 425 | &nbsp;&nbsp; 451210 |
| &nbsp;&nbsp;&nbsp; Florida Development Finance Corp., RB, Series A, 5.00%, <br> 06/15/56<br>| 105 | &nbsp;&nbsp; 95725 |
| &nbsp;&nbsp;&nbsp; Hillsborough County Industrial Development Authority, <br> Refunding RB, Series C, 5.25%, 11/15/49<br>| 205 | &nbsp;&nbsp; 214994 |
| &nbsp;&nbsp;&nbsp; Lakewood Ranch Stewardship District, SAB, 6.30%, <br> 05/01/54<br>| 212 | &nbsp;&nbsp; 220064 |
| &nbsp;&nbsp;&nbsp; Orange County Health Facilities Authority, RB, Series A, <br> 5.00%, 10/01/53<br>| 1495 | &nbsp;&nbsp; 1519688 |
|  |  | &nbsp;&nbsp; 13108095 |
| **Georgia — 2.2%** | **Georgia — 2.2%** |  |
| &nbsp;&nbsp;&nbsp; County of DeKalb Georgia Water & Sewerage Revenue, <br> Refunding RB, 5.00%, 10/01/48<br>| 1145 | &nbsp;&nbsp; 1184814 |
| &nbsp;&nbsp;&nbsp; Gainesville & Hall County Hospital Authority, RB, Series A, <br> 4.00%, 02/15/51<br>| 530 | &nbsp;&nbsp; 449039 |
| Main Street Natural Gas, Inc., RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 05/15/38 | 295 | &nbsp;&nbsp; 310061 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 05/15/49 | 985 | &nbsp;&nbsp; 990675 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/53<sup>(a)</sup> | 2185 | &nbsp;&nbsp; 2256479 |
|  |  | &nbsp;&nbsp; 5191068 |
| **Idaho — 0.7%** | **Idaho — 0.7%** |  |
| &nbsp;&nbsp;&nbsp; Idaho Housing & Finance Association, RB, Series A, <br> 5.25%, 08/15/48<br>| 1550 | &nbsp;&nbsp; 1636095 |
| **Illinois — 7.8%** | **Illinois — 7.8%** |  |
| Chicago Board of Education, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 12/01/42 | 540 | &nbsp;&nbsp; 520284 |
| &nbsp;&nbsp;&nbsp; Series C, 5.25%, 12/01/35 | 1465 | &nbsp;&nbsp; 1465135 |
| &nbsp;&nbsp;&nbsp; Series D, 5.00%, 12/01/46 | 1915 | &nbsp;&nbsp; 1811983 |
| &nbsp;&nbsp;&nbsp; Series H, 5.00%, 12/01/36 | 450 | &nbsp;&nbsp; 424764 |
| &nbsp;&nbsp;&nbsp; Chicago Board of Education, Refunding GO, Series G, <br> 5.00%, 12/01/34<br>| 450 | &nbsp;&nbsp; 449948 |
| &nbsp;&nbsp;&nbsp; Chicago Transit Authority Sales Tax Receipts Fund, RB, <br> 2nd Lien, 5.00%, 12/01/46<br>| 615 | &nbsp;&nbsp; 615902 |

---

------

Schedule of Investments (unaudited)(continued)

April 30, 2025

**BlackRock MuniVest Fund II, Inc. (MVT)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Illinois (continued)** | **Illinois (continued)** |  |
| &nbsp;&nbsp;&nbsp; City of Chicago Illinois Wastewater Transmission <br> Revenue, RB, Series A, 2nd Lien, 5.00%, 01/01/47<br>| 2500 | &nbsp;&nbsp; $2492867 |
| &nbsp;&nbsp;&nbsp; City of Chicago Illinois Waterworks Revenue, RB, <br> Series A, 2nd Lien, (AGM), 5.25%, 11/01/48<br>| 1655 | &nbsp;&nbsp; 1715837 |
| Illinois Finance Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 02/15/27<sup>(d)</sup> | 90 | &nbsp;&nbsp; 91278 |
| &nbsp;&nbsp;&nbsp; 4.00%, 02/15/41 | 2850 | &nbsp;&nbsp; 2622548 |
| &nbsp;&nbsp;&nbsp; Illinois Housing Development Authority, RB, S/F Housing, <br> Series N, Sustainability Bonds, (FHLMC, FNMA, <br> GNMA), 6.25%, 04/01/54<br>| 780 | &nbsp;&nbsp; 837148 |
| &nbsp;&nbsp;&nbsp; Illinois State Toll Highway Authority, RB, Series A, 4.00%, <br> 01/01/46<br>| 2500 | &nbsp;&nbsp; 2267332 |
| &nbsp;&nbsp;&nbsp; Metropolitan Pier & Exposition Authority, RB, 5.00%, <br> 06/15/57<br>| 870 | &nbsp;&nbsp; 825702 |
| &nbsp;&nbsp;&nbsp; Metropolitan Pier & Exposition Authority, Refunding RB, <br> Series B, (AGM), 0.00%, 06/15/44<sup>(c)</sup><br>| 5175 | &nbsp;&nbsp; 2018093 |
| State of Illinois, GO, Series B, 5.25%, 05/01/43 | 500 | &nbsp;&nbsp; 515794 |
|  |  | &nbsp;&nbsp; 18674615 |
| **Kansas — 0.1%** | **Kansas — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Ellis County Unified School District No. 489 Hays, <br> Refunding GO, Series B, (AGM), 4.00%, 09/01/52<br>| 260 | &nbsp;&nbsp; 237652 |
| **Kentucky — 1.0%** | **Kentucky — 1.0%** |  |
| &nbsp;&nbsp;&nbsp; Kentucky Economic Development Finance Authority, <br> Refunding RB, Series A, 5.00%, 08/01/44<br>| 1010 | &nbsp;&nbsp; 991094 |
| &nbsp;&nbsp;&nbsp; Kentucky Public Transportation Infrastructure Authority, <br> RB, CAB, Convertible, 6.75%, 07/01/43<sup>(e)</sup><br>| 1200 | &nbsp;&nbsp; 1359795 |
|  |  | &nbsp;&nbsp; 2350889 |
| **Louisiana — 0.9%** | **Louisiana — 0.9%** |  |
| &nbsp;&nbsp;&nbsp; City of Lafayette Louisiana Utilities Revenue, RB, (AGC), <br> 5.00%, 11/01/49<br>| 345 | &nbsp;&nbsp; 352330 |
| Louisiana Public Facilities Authority, RB, 5.25%, 10/01/53 | 1200 | &nbsp;&nbsp; 1193339 |
| &nbsp;&nbsp;&nbsp; Louisiana Public Facilities Authority, Refunding RB, <br> Series A, Class A, 4.00%, 12/15/27<sup>(d)</sup><br>| 60 | &nbsp;&nbsp; 61293 |
| &nbsp;&nbsp;&nbsp; Parish of East Baton Rouge Capital Improvements <br> District, RB, 5.00%, 08/01/46<br>| 610 | &nbsp;&nbsp; 634082 |
|  |  | &nbsp;&nbsp; 2241044 |
| **Maryland — 0.2%** | **Maryland — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Maryland Health & Higher Educational Facilities Authority, <br> RB, Series B, 4.00%, 04/15/50<br>| 595 | &nbsp;&nbsp; 515199 |
| **Massachusetts — 2.2%** | **Massachusetts — 2.2%** |  |
| Commonwealth of Massachusetts, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series C, 5.00%, 10/01/47 | 1285 | &nbsp;&nbsp; 1327557 |
| &nbsp;&nbsp;&nbsp; Series C, 5.00%, 10/01/52 | 1335 | &nbsp;&nbsp; 1368603 |
| &nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency, RB, <br> Series A, 5.00%, 01/01/47<br>| 1150 | &nbsp;&nbsp; 1092013 |
| &nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency, Refunding <br> RB, 4.13%, 10/01/42<sup>(b)</sup><br>| 470 | &nbsp;&nbsp; 414821 |
| &nbsp;&nbsp;&nbsp; Massachusetts Port Authority, ARB, Series E, AMT, <br> 5.00%, 07/01/46<br>| 1110 | &nbsp;&nbsp; 1114064 |
|  |  | &nbsp;&nbsp; 5317058 |
| **Michigan — 2.5%** | **Michigan — 2.5%** |  |
| &nbsp;&nbsp;&nbsp; Great Lakes Water Authority Sewage Disposal System <br> Revenue, RB, Series B, 2nd Lien, 5.25%, 07/01/47<br>| 545 | &nbsp;&nbsp; 571608 |
| &nbsp;&nbsp;&nbsp; Great Lakes Water Authority Water Supply System <br> Revenue, RB, Series A, Senior Lien, 5.25%, 07/01/52<br>| 1290 | &nbsp;&nbsp; 1340688 |
| Michigan Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 02/15/47 | 395 | &nbsp;&nbsp; 351925 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Michigan (continued)** | **Michigan (continued)** |  |
| Michigan Finance Authority, RB (continued) |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 02/15/50 | 2235 | &nbsp;&nbsp; $1970663 |
| &nbsp;&nbsp;&nbsp; 4.00%, 02/15/44 | 810 | &nbsp;&nbsp; 730553 |
| Michigan Strategic Fund, RB, AMT, 5.00%, 12/31/43 | 1070 | &nbsp;&nbsp; 1069998 |
|  |  | &nbsp;&nbsp; 6035435 |
| **Minnesota — 1.6%** | **Minnesota — 1.6%** |  |
| Duluth Economic Development Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.25%, 02/15/48 | 1995 | &nbsp;&nbsp; 1772906 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 02/15/53 | 565 | &nbsp;&nbsp; 566513 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 02/15/58 | 1480 | &nbsp;&nbsp; 1480407 |
|  |  | &nbsp;&nbsp; 3819826 |
| **Missouri — 2.6%** | **Missouri — 2.6%** |  |
| &nbsp;&nbsp;&nbsp; Health & Educational Facilities Authority of the State of <br> Missouri, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 02/15/49 | 2630 | &nbsp;&nbsp; 2269237 |
| &nbsp;&nbsp;&nbsp; Series C, 5.00%, 11/15/42 | 2570 | &nbsp;&nbsp; 2579021 |
| Kansas City Industrial Development Authority, ARB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, (AGM), 5.00%, 03/01/49 | 640 | &nbsp;&nbsp; 634858 |
| &nbsp;&nbsp;&nbsp; AMT, (AGM), 5.00%, 03/01/55 | 640 | &nbsp;&nbsp; 634723 |
|  |  | &nbsp;&nbsp; 6117839 |
| **New Hampshire — 0.3%** | **New Hampshire — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; New Hampshire Business Finance Authority, <br> Series 2025-1, Class A1, 4.17%, 01/20/41<sup>(a)</sup><br>| 370 | &nbsp;&nbsp; 351054 |
| &nbsp;&nbsp;&nbsp; New Hampshire Business Finance Authority, RB, M/F <br> Housing, Class B, 5.75%, 04/28/42<br>| 470 | &nbsp;&nbsp; 473671 |
|  |  | &nbsp;&nbsp; 824725 |
| **New Jersey — 9.9%** | **New Jersey — 9.9%** |  |
| New Jersey Economic Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Class A, 5.25%, 11/01/47 | 1740 | &nbsp;&nbsp; 1795731 |
| &nbsp;&nbsp;&nbsp; Series EEE, 5.00%, 06/15/48 | 5845 | &nbsp;&nbsp; 5876527 |
| &nbsp;&nbsp;&nbsp; New Jersey Economic Development Authority, Refunding <br> SAB, 5.75%, 04/01/31<br>| 2240 | &nbsp;&nbsp; 2291361 |
| &nbsp;&nbsp;&nbsp; New Jersey Higher Education Student Assistance <br> Authority, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 4.00%, 12/01/41 | 965 | &nbsp;&nbsp; 933180 |
| &nbsp;&nbsp;&nbsp; Series C, AMT, Subordinate, 5.00%, 12/01/52 | 1245 | &nbsp;&nbsp; 1181028 |
| New Jersey Transportation Trust Fund Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 12/15/28<sup>(d)</sup> | 430 | &nbsp;&nbsp; 458078 |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/15/46 | 795 | &nbsp;&nbsp; 799552 |
| &nbsp;&nbsp;&nbsp; Series BB, 5.00%, 06/15/46 | 1485 | &nbsp;&nbsp; 1512308 |
| &nbsp;&nbsp;&nbsp; New Jersey Transportation Trust Fund Authority, <br> Refunding RB, Series A, 4.25%, 06/15/40<br>| 3225 | &nbsp;&nbsp; 3128737 |
| Tobacco Settlement Financing Corp., Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/46 | 255 | &nbsp;&nbsp; 253399 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 06/01/46 | 270 | &nbsp;&nbsp; 271174 |
| &nbsp;&nbsp;&nbsp; Sub-Series B, 5.00%, 06/01/46 | 5280 | &nbsp;&nbsp; 5055116 |
|  |  | &nbsp;&nbsp; 23556191 |
| **New York — 18.4%** | **New York — 18.4%** |  |
| City of New York, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, 4.00%, 09/01/46 | 800 | &nbsp;&nbsp; 727728 |
| &nbsp;&nbsp;&nbsp; Series - G-1, 5.25%, 02/01/53 | 200 | &nbsp;&nbsp; 210879 |
| &nbsp;&nbsp;&nbsp; Empire State Development Corp., RB, Series A, 4.00%, <br> 03/15/49<br>| 545 | &nbsp;&nbsp; 488421 |
| &nbsp;&nbsp;&nbsp; Erie Tobacco Asset Securitization Corp., Refunding RB, <br> Series A, 5.00%, 06/01/45<br>| 1960 | &nbsp;&nbsp; 1754979 |
| Metropolitan Transportation Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series C-1, Sustainability Bonds, 4.75%, 11/15/45 | 1585 | &nbsp;&nbsp; 1578137 |
| &nbsp;&nbsp;&nbsp; Series C-1, Sustainability Bonds, 5.00%, 11/15/50 | 515 | &nbsp;&nbsp; 517334 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

April 30, 2025

**BlackRock MuniVest Fund II, Inc. (MVT)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **New York (continued)** | **New York (continued)** |  |
| &nbsp;&nbsp;&nbsp; Metropolitan Transportation Authority, Refunding <br> RB (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series C-1, Sustainability Bonds, 5.25%, 11/15/55 | 760 | &nbsp;&nbsp; $772919 |
| &nbsp;&nbsp;&nbsp; New York City Housing Development Corp., RB, M/F <br> Housing, Sustainability Bonds, (HUD SECT 8), 4.80%, <br> 02/01/53<br>| 5000 | &nbsp;&nbsp; 4850363 |
| &nbsp;&nbsp;&nbsp; New York City Municipal Water Finance Authority, RB, <br> Series BB, 5.25%, 06/15/55<br>| 475 | &nbsp;&nbsp; 504638 |
| &nbsp;&nbsp;&nbsp; New York City Municipal Water Finance Authority, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series DD, 4.13%, 06/15/46 | 4410 | &nbsp;&nbsp; 4180123 |
| &nbsp;&nbsp;&nbsp; Series DD, 4.13%, 06/15/47 | 4185 | &nbsp;&nbsp; 3925965 |
| &nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority, RB, <br> Series H-1, 5.00%, 11/01/50<br>| 1370 | &nbsp;&nbsp; 1410721 |
| New York Counties Tobacco Trust IV, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/38 | 1845 | &nbsp;&nbsp; 1675401 |
| &nbsp;&nbsp;&nbsp; Series A, 6.25%, 06/01/41<sup>(b)</sup> | 1700 | &nbsp;&nbsp; 1699967 |
| New York Liberty Development Corp., Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 3.13%, 09/15/50 | 315 | &nbsp;&nbsp; 227716 |
| &nbsp;&nbsp;&nbsp; Class 1, 5.00%, 11/15/44<sup>(b)</sup> | 2260 | &nbsp;&nbsp; 2245957 |
| &nbsp;&nbsp;&nbsp; Class 2, 5.38%, 11/15/40<sup>(b)</sup> | 850 | &nbsp;&nbsp; 849968 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, (BAM-TCRS), 3.00%, <br> 11/15/51<br>| 2370 | &nbsp;&nbsp; 1573465 |
| New York State Dormitory Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 03/15/44 | 1080 | &nbsp;&nbsp; 1009713 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 03/15/47 | 3855 | &nbsp;&nbsp; 3504362 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 03/15/55 | 760 | &nbsp;&nbsp; 778938 |
| &nbsp;&nbsp;&nbsp; New York Transportation Development Corp., ARB, AMT, <br> 5.63%, 04/01/40<br>| 470 | &nbsp;&nbsp; 487003 |
| New York Transportation Development Corp., RB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 10/01/35 | 1050 | &nbsp;&nbsp; 1064669 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, (AGM), 5.00%, 06/30/49 | 835 | &nbsp;&nbsp; 828052 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, (AGM), 5.25%, 06/30/60 | 1950 | &nbsp;&nbsp; 1964021 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 5.50%, 06/30/60 | 1120 | &nbsp;&nbsp; 1129218 |
| &nbsp;&nbsp;&nbsp; Triborough Bridge & Tunnel Authority Sales Tax Revenue, <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 05/15/48 | 3055 | &nbsp;&nbsp; 2750235 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 05/15/52 | 400 | &nbsp;&nbsp; 416898 |
| &nbsp;&nbsp;&nbsp; Triborough Bridge & Tunnel Authority, RB, Series A, <br> 5.00%, 11/15/56<br>| 825 | &nbsp;&nbsp; 848416 |
|  |  | &nbsp;&nbsp; 43976206 |
| **North Dakota — 0.7%** | **North Dakota — 0.7%** |  |
| &nbsp;&nbsp;&nbsp; North Dakota Housing Finance Agency, RB, S/F Housing, <br> Series C, Sustainability Bonds, 4.75%, 07/01/49<br>| 1770 | &nbsp;&nbsp; 1741854 |
| **Ohio — 1.3%** | **Ohio — 1.3%** |  |
| &nbsp;&nbsp;&nbsp; Buckeye Tobacco Settlement Financing Authority, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-2, Class 1, 4.00%, 06/01/48 | 830 | &nbsp;&nbsp; 698409 |
| &nbsp;&nbsp;&nbsp; Series B-2, Class 2, 5.00%, 06/01/55 | 1855 | &nbsp;&nbsp; 1597011 |
| County of Franklin Ohio, RB, Series A, 5.00%, 12/01/47 | 400 | &nbsp;&nbsp; 400929 |
| &nbsp;&nbsp;&nbsp; County of Hamilton Ohio, RB, Series CC, 5.00%, <br> 11/15/49<br>| 530 | &nbsp;&nbsp; 547114 |
|  |  | &nbsp;&nbsp; 3243463 |
| **Pennsylvania — 3.3%** | **Pennsylvania — 3.3%** |  |
| Allegheny County Airport Authority, ARB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, (AGM), 5.50%, 01/01/48 | 235 | &nbsp;&nbsp; 243966 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, (AGM-CR), 4.00%, 01/01/56 | 605 | &nbsp;&nbsp; 498064 |
| &nbsp;&nbsp;&nbsp; City of Philadelphia Pennsylvania Water & Wastewater <br> Revenue, RB, Series C, (AGC), 5.25%, 09/01/49<br>| 690 | &nbsp;&nbsp; 722421 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Pennsylvania (continued)** | **Pennsylvania (continued)** |  |
| &nbsp;&nbsp;&nbsp; City of Philadelphia Pennsylvania Water & Wastewater <br> Revenue, Refunding RB, Series B, (AGM), 5.50%, <br> 09/01/53<br>| 2305 | &nbsp;&nbsp; $2434968 |
| &nbsp;&nbsp;&nbsp; Montgomery County Higher Education and Health <br> Authority, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/01/51 | 510 | &nbsp;&nbsp; 418635 |
| &nbsp;&nbsp;&nbsp; 5.00%, 09/01/48 | 345 | &nbsp;&nbsp; 336867 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Economic Development Financing Authority, <br> RB, 5.00%, 06/30/42<br>| 850 | &nbsp;&nbsp; 837151 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Economic Development Financing Authority, <br> Refunding RB, AMT, 5.50%, 11/01/44<br>| 1035 | &nbsp;&nbsp; 1028410 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Higher Educational Facilities Authority, <br> Refunding RB, Series B-1, (AGC), 5.25%, 11/01/48<br>| 480 | &nbsp;&nbsp; 495807 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Turnpike Commission Oil Franchise Tax <br> Revenue, Refunding RB, Series B, 4.00%, 12/01/53<br>| 1065 | &nbsp;&nbsp; 907707 |
|  |  | &nbsp;&nbsp; 7923996 |
| **Puerto Rico — 5.9%** | **Puerto Rico — 5.9%** |  |
| Commonwealth of Puerto Rico, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 5.63%, 07/01/29 | 1435 | &nbsp;&nbsp; 1479293 |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 5.75%, 07/01/31 | 1295 | &nbsp;&nbsp; 1363153 |
| &nbsp;&nbsp;&nbsp; Puerto Rico Sales Tax Financing Corp. Sales Tax <br> Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 4.75%, 07/01/53 | 1835 | &nbsp;&nbsp; 1691089 |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 5.00%, 07/01/58 | 5562 | &nbsp;&nbsp; 5285550 |
| &nbsp;&nbsp;&nbsp; Series A-2, Restructured, 4.78%, 07/01/58 | 2941 | &nbsp;&nbsp; 2687346 |
| &nbsp;&nbsp;&nbsp; Puerto Rico Sales Tax Financing Corp. Sales Tax <br> Revenue, RB, CAB, Series A-1, Restructured, 0.00%, <br> 07/01/46<sup>(c)</sup><br>| 5051 | &nbsp;&nbsp; 1619264 |
|  |  | &nbsp;&nbsp; 14125695 |
| **South Carolina — 3.0%** | **South Carolina — 3.0%** |  |
| &nbsp;&nbsp;&nbsp; South Carolina Jobs-Economic Development Authority, <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 11/01/46 | 1175 | &nbsp;&nbsp; 1263992 |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 11/01/48 | 835 | &nbsp;&nbsp; 896911 |
| &nbsp;&nbsp;&nbsp; South Carolina Jobs-Economic Development Authority, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 12/01/44 | 1820 | &nbsp;&nbsp; 1588466 |
| &nbsp;&nbsp;&nbsp; 5.00%, 11/15/47 | 1350 | &nbsp;&nbsp; 1304950 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 05/01/48 | 1505 | &nbsp;&nbsp; 1510768 |
| &nbsp;&nbsp;&nbsp; South Carolina Ports Authority, ARB, Series B, AMT, <br> 4.00%, 07/01/49<br>| 650 | &nbsp;&nbsp; 559760 |
|  |  | &nbsp;&nbsp; 7124847 |
| **South Dakota — 0.5%** | **South Dakota — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; South Dakota Housing Development Authority, Refunding <br> RB, S/F Housing, Series C, (FHLMC, FNMA, GNMA), <br> 4.70%, 11/01/49<br>| 1310 | &nbsp;&nbsp; 1282553 |
| **Tennessee — 1.2%** | **Tennessee — 1.2%** |  |
| &nbsp;&nbsp;&nbsp; Memphis-Shelby County Airport Authority, ARB, Series A, <br> AMT, 5.00%, 07/01/45<br>| 1275 | &nbsp;&nbsp; 1272215 |
| Tennergy Corp., RB, Series A, 5.50%, 10/01/53<sup>(a)</sup> | 1640 | &nbsp;&nbsp; 1718155 |
|  |  | &nbsp;&nbsp; 2990370 |
| **Texas — 13.7%** | **Texas — 13.7%** |  |
| Arlington Higher Education Finance Corp., RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 7.50%, 04/01/62 | 435 | &nbsp;&nbsp; 417833 |
| &nbsp;&nbsp;&nbsp; 7.88%, 11/01/62 | 370 | &nbsp;&nbsp; 374942 |
| &nbsp;&nbsp;&nbsp; City of Austin Texas Airport System Revenue, ARB, <br> Series B, AMT, 5.00%, 11/15/44<br>| 1795 | &nbsp;&nbsp; 1800810 |
| &nbsp;&nbsp;&nbsp; City of Garland Texas Electric Utility System Revenue, <br> Refunding RB, (AGM), 4.25%, 03/01/48<br>| 190 | &nbsp;&nbsp; 177535 |
| &nbsp;&nbsp;&nbsp; City of Houston Texas Airport System Revenue, ARB, <br> Series B, AMT, 5.50%, 07/15/38<br>| 310 | &nbsp;&nbsp; 311465 |

---

------

Schedule of Investments (unaudited)(continued)

April 30, 2025

**BlackRock MuniVest Fund II, Inc. (MVT)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Texas (continued)** | **Texas (continued)** |  |
| &nbsp;&nbsp;&nbsp; City of Houston Texas Airport System Revenue, Refunding <br> ARB, Series A, AMT, 1st Lien, Subordinate, (AGM), <br> 5.25%, 07/01/48<br>| 1745 | &nbsp;&nbsp; $1789977 |
| &nbsp;&nbsp;&nbsp; City of Houston Texas Airport System Revenue, Refunding <br> RB, AMT, 5.00%, 07/01/29<br>| 775 | &nbsp;&nbsp; 775284 |
| City of Houston Texas, GOL, Series A, 5.25%, 03/01/49 | 1375 | &nbsp;&nbsp; 1443527 |
| &nbsp;&nbsp;&nbsp; City of Houston Texas, Refunding GOL, Series A, 5.25%, <br> 03/01/42<br>| 210 | &nbsp;&nbsp; 224326 |
| City of Hutto Texas, GOL, (BAM), 4.13%, 08/01/49 | 470 | &nbsp;&nbsp; 425215 |
| &nbsp;&nbsp;&nbsp; City of San Antonio Texas Electric & Gas Systems <br> Revenue, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 02/01/50 | 2465 | &nbsp;&nbsp; 2645166 |
| &nbsp;&nbsp;&nbsp; Series E, 5.25%, 02/01/49 | 4500 | &nbsp;&nbsp; 4754966 |
| &nbsp;&nbsp;&nbsp; Clifton Higher Education Finance Corp., Refunding RB, <br> Series A, (PSF-GTD), 4.13%, 08/15/49<br>| 1155 | &nbsp;&nbsp; 1037357 |
| &nbsp;&nbsp;&nbsp; County of Harris Texas, Refunding GO, Series A, 4.25%, <br> 09/15/48<br>| 390 | &nbsp;&nbsp; 364559 |
| &nbsp;&nbsp;&nbsp; Fort Bend County Industrial Development Corp., RB, <br> Series B, 4.75%, 11/01/42<br>| 670 | &nbsp;&nbsp; 651568 |
| &nbsp;&nbsp;&nbsp; Hutto Independent School District, GO, (PSF), 5.00%, <br> 08/01/48<br>| 90 | &nbsp;&nbsp; 93165 |
| &nbsp;&nbsp;&nbsp; New Caney Independent School District, GO, (PSF), <br> 4.00%, 02/15/49<br>| 700 | &nbsp;&nbsp; 623784 |
| &nbsp;&nbsp;&nbsp; Permanent University Fund - Texas A&M University <br> System, Refunding RB, Series A, 5.00%, 07/01/54<br>| 640 | &nbsp;&nbsp; 664332 |
| &nbsp;&nbsp;&nbsp; Permanent University Fund - University of Texas System, <br> Refunding RB, Series A, 5.00%, 07/01/50<br>| 1550 | &nbsp;&nbsp; 1606345 |
| &nbsp;&nbsp;&nbsp; Port Authority of Houston of Harris County Texas, ARB, <br> 1st Lien, 5.00%, 10/01/48<br>| 645 | &nbsp;&nbsp; 666321 |
| &nbsp;&nbsp;&nbsp; Sulphur Springs Independent School District, GO, (PSF-<br> GTD), 4.13%, 02/15/49<br>| 2500 | &nbsp;&nbsp; 2280985 |
| &nbsp;&nbsp;&nbsp; Tarrant County Cultural Education Facilities Finance <br> Corp., RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 07/01/53 | 620 | &nbsp;&nbsp; 547591 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 07/01/48 | 4545 | &nbsp;&nbsp; 4554308 |
| &nbsp;&nbsp;&nbsp; Texas Department of Housing & Community Affairs, RB, <br> S/F Housing, Series C, (GNMA), 5.00%, 09/01/48<br>| 1620 | &nbsp;&nbsp; 1622939 |
| &nbsp;&nbsp;&nbsp; Texas Private Activity Bond Surface Transportation Corp., <br> RB, AMT, 5.00%, 06/30/58<br>| 1140 | &nbsp;&nbsp; 1116735 |
| &nbsp;&nbsp;&nbsp; Waller Consolidated Independent School District, GO, <br> Series A, (PSF), 4.00%, 02/15/48<br>| 750 | &nbsp;&nbsp; 676854 |
| &nbsp;&nbsp;&nbsp; Waxahachie Independent School District, GO, (PSF), <br> 4.00%, 02/15/49<br>| 1120 | &nbsp;&nbsp; 1021860 |
|  |  | &nbsp;&nbsp; 32669749 |
| **Utah — 0.9%** | **Utah — 0.9%** |  |
| &nbsp;&nbsp;&nbsp; Black Desert Public Infrastructure District, SAB, 5.63%, <br> 12/01/53<sup>(b)</sup><br>| 135 | &nbsp;&nbsp; 131384 |
| &nbsp;&nbsp;&nbsp; City of Salt Lake City Utah Airport Revenue, ARB, <br> Series A, AMT, 5.00%, 07/01/46<br>| 1950 | &nbsp;&nbsp; 1950187 |
|  |  | &nbsp;&nbsp; 2081571 |
| **Virginia — 0.7%** | **Virginia — 0.7%** |  |
| &nbsp;&nbsp;&nbsp; Henrico County Economic Development Authority, RB, <br> 11/01/48<sup>(f)</sup><br>| 665 | &nbsp;&nbsp; 666603 |
| &nbsp;&nbsp;&nbsp; Virginia Housing Development Authority, RB, M/F <br> Housing, Series A, 4.60%, 09/01/49<br>| 1035 | &nbsp;&nbsp; 995460 |
|  |  | &nbsp;&nbsp; 1662063 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Washington — 0.7%** | **Washington — 0.7%** |  |
| State of Washington, GO, Series C, 5.00%, 02/01/47 | $1545 | &nbsp;&nbsp; $1592853 |
| **Wisconsin — 0.5%** | **Wisconsin — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; Wisconsin Housing & Economic Development Authority <br> Home Ownership Revenue, RB, S/F Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, (FHLMC, FNMA, <br> GNMA), 4.85%, 09/01/43<br>| 320 | &nbsp;&nbsp; 323436 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series C, Sustainability Bonds, (FHLMC, FNMA, <br> GNMA), 4.75%, 03/01/51<br>| 925 | &nbsp;&nbsp; 880815 |
|  |  | &nbsp;&nbsp; 1204251 |
| **Total Municipal Bonds — 105.0%** <br>**(Cost: $252,970,934)** | **Total Municipal Bonds — 105.0%** <br>**(Cost: $252,970,934)** | &nbsp;&nbsp; 250955613 |
| **Municipal Bonds Transferred to Tender Option Bond Trusts**<sup>(g)</sup> | **Municipal Bonds Transferred to Tender Option Bond Trusts**<sup>(g)</sup> | **Municipal Bonds Transferred to Tender Option Bond Trusts**<sup>(g)</sup> |
| **Alabama**<sup>(a)</sup> **— 8.9%** | **Alabama**<sup>(a)</sup> **— 8.9%** |  |
| &nbsp;&nbsp;&nbsp; Energy Southeast A Cooperative District, RB, Series B-1, <br> 5.75%, 04/01/54<br>| 10000 | &nbsp;&nbsp; 10906772 |
| &nbsp;&nbsp;&nbsp; Southeast Energy Authority A Cooperative District, RB, <br> Series A, 5.25%, 01/01/54<br>| 10000 | &nbsp;&nbsp; 10456983 |
|  |  | &nbsp;&nbsp; 21363755 |
| **District of Columbia — 2.2%** | **District of Columbia — 2.2%** |  |
| &nbsp;&nbsp;&nbsp; Metropolitan Washington Airports Authority Aviation <br> Revenue, Refunding ARB, Series A, AMT, 5.50%, <br> 10/01/54<br>| 5180 | &nbsp;&nbsp; 5337190 |
| **Florida — 5.7%** | **Florida — 5.7%** |  |
| &nbsp;&nbsp;&nbsp; City of Melbourne Florida Water & Sewer Revenue, RB, <br> 5.00%, 11/15/50<br>| 3090 | &nbsp;&nbsp; 3163714 |
| Greater Orlando Aviation Authority, RB, 5.25%, 10/01/49 | 3840 | &nbsp;&nbsp; 3941197 |
| Hillsborough County Aviation Authority, ARB |  |  |
| &nbsp;&nbsp;&nbsp; Class B, AMT, 5.50%, 10/01/54 | 3080 | &nbsp;&nbsp; 3192549 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 5.50%, 10/01/49 | 3080 | &nbsp;&nbsp; 3218635 |
|  |  | &nbsp;&nbsp; 13516095 |
| **Illinois — 0.9%** | **Illinois — 0.9%** |  |
| &nbsp;&nbsp;&nbsp; Chicago Transit Authority Sales Tax Receipts Fund, <br> Refunding RB, Series A, 5.00%, 12/01/49<br>| 2055 | &nbsp;&nbsp; 2084993 |
| **Michigan — 1.1%** | **Michigan — 1.1%** |  |
| &nbsp;&nbsp;&nbsp; Michigan State Housing Development Authority, RB, M/F <br> Housing, Series A, 5.00%, 10/01/48<br>| 2551 | &nbsp;&nbsp; 2594558 |
| **Missouri — 1.2%** | **Missouri — 1.2%** |  |
| &nbsp;&nbsp;&nbsp; Missouri Housing Development Commission, RB, <br> Series E, (FHLMC, FNMA, GNMA), 4.60%, 11/01/49<br>| 3080 | &nbsp;&nbsp; 2963162 |
| **New York — 11.1%** | **New York — 11.1%** |  |
| &nbsp;&nbsp;&nbsp; New York City Housing Development Corp., RB, M/F <br> Housing, Series E-1, Sustainability Bonds, 4.70%, <br> 11/01/48<sup>(h)</sup><br>| 2460 | &nbsp;&nbsp; 2383349 |
| &nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority, RB, <br> Series C, 5.25%, 05/01/48<br>| 4240 | &nbsp;&nbsp; 4482098 |
| &nbsp;&nbsp;&nbsp; New York State Dormitory Authority, RB, Series E, 5.00%, <br> 03/15/46<br>| 3940 | &nbsp;&nbsp; 4005746 |
| New York State Dormitory Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 03/15/47 | 4630 | &nbsp;&nbsp; 4817142 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 03/15/53 | 3118 | &nbsp;&nbsp; 3204026 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

April 30, 2025

**BlackRock MuniVest Fund II, Inc. (MVT)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **New York (continued)** | **New York (continued)** |  |
| &nbsp;&nbsp;&nbsp; Port Authority of New York & New Jersey, Refunding ARB, <br> Series 234, AMT, 5.25%, 08/01/47<br>| 3947 | &nbsp;&nbsp; $4026145 |
| &nbsp;&nbsp;&nbsp; Triborough Bridge & Tunnel Authority, Refunding RB, <br> Series B-1, Sustainability Bonds, 5.25%, 05/15/54<br>| 3537 | &nbsp;&nbsp; 3711366 |
|  |  | &nbsp;&nbsp; 26629872 |
| **Oregon — 3.2%** | **Oregon — 3.2%** |  |
| &nbsp;&nbsp;&nbsp; Port of Portland Oregon Airport Revenue, Refunding ARB, <br> Series 29, AMT, Sustainability Bonds, 5.50%, 07/01/48<br>| 7232 | &nbsp;&nbsp; 7553329 |
| **Pennsylvania — 6.4%** | **Pennsylvania — 6.4%** |  |
| &nbsp;&nbsp;&nbsp; Pennsylvania Housing Finance Agency, RB, Series 147 A, <br> Sustainability Bonds, 4.70%, 10/01/49<br>| 3000 | &nbsp;&nbsp; 2928582 |
| Pennsylvania Housing Finance Agency, RB, S/F Housing |  |  |
| &nbsp;&nbsp;&nbsp; Series 143A, Sustainability Bonds, 6.25%, 10/01/53 | 4754 | &nbsp;&nbsp; 5136144 |
| &nbsp;&nbsp;&nbsp; Series 145A, Sustainability Bonds, 4.75%, 10/01/49 | 3830 | &nbsp;&nbsp; 3827031 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Turnpike Commission, Refunding RB, <br> Series B, 5.25%, 12/01/47<br>| 3178 | &nbsp;&nbsp; 3341052 |
|  |  | &nbsp;&nbsp; 15232809 |
| **South Carolina — 2.9%** | **South Carolina — 2.9%** |  |
| &nbsp;&nbsp;&nbsp; Patriots Energy Group Financing Agency, Refunding RB, <br> Series B-1, 5.25%, 02/01/54<sup>(a)</sup><br>| 6463 | &nbsp;&nbsp; 6827116 |
| **Texas — 3.6%** | **Texas — 3.6%** |  |
| &nbsp;&nbsp;&nbsp; City of San Antonio Texas Electric & Gas Systems <br> Revenue, Refunding RB, Series A, 5.25%, 02/01/49<br>| 2968 | &nbsp;&nbsp; 3129690 |
| &nbsp;&nbsp;&nbsp; Lamar Consolidated Independent School District, GO, <br> (AGM), 5.50%, 02/15/58<br>| 5240 | &nbsp;&nbsp; 5511508 |
|  |  | &nbsp;&nbsp; 8641198 |
| **Utah — 1.8%** | **Utah — 1.8%** |  |
| &nbsp;&nbsp;&nbsp; City of Salt Lake City Utah Airport Revenue, ARB, <br> Series A, AMT, 5.50%, 07/01/53<br>| 4062 | &nbsp;&nbsp; 4218406 |
| **Washington — 3.5%** | **Washington — 3.5%** |  |
| Port of Seattle Washington, Refunding ARB |  |  |
| &nbsp;&nbsp;&nbsp; Series B, AMT, Intermediate Lien, 5.25%, 07/01/49 | 3088 | &nbsp;&nbsp; 3132565 |
| &nbsp;&nbsp;&nbsp; Series C, AMT, 5.00%, 08/01/46 | 5390 | &nbsp;&nbsp; 5356563 |
|  |  | &nbsp;&nbsp; 8489128 |
| **Total Municipal Bonds Transferred to Tender Option Bond** <br>**Trusts — 52.5%** <br>**(Cost: $125,774,703)** | **Total Municipal Bonds Transferred to Tender Option Bond** <br>**Trusts — 52.5%** <br>**(Cost: $125,774,703)** | &nbsp;&nbsp; 125451611 |
| **Total Long-Term Investments — 157.5%** <br>**(Cost: $378,745,637)** | **Total Long-Term Investments — 157.5%** <br>**(Cost: $378,745,637)** | &nbsp;&nbsp; 376407224 |

---

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

---

| | | |
|:---|:---|:---|
| *Security* | <br>*Shares*<br>| *Value* |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 3.4%** | **Money Market Funds — 3.4%** |  |
| &nbsp;&nbsp;&nbsp; BlackRock Liquidity Funds, MuniCash, Institutional <br> Shares, 3.05%<sup>(i)(j)</sup><br>| 8024614 | &nbsp;&nbsp; $8025416 |
| **Total Short-Term Securities — 3.4%** <br>**(Cost: $8,025,024)** | **Total Short-Term Securities — 3.4%** <br>**(Cost: $8,025,024)** | &nbsp;&nbsp; 8025416 |
| **Total Investments — 160.9%** <br>**(Cost: $386,770,661)** | **Total Investments — 160.9%** <br>**(Cost: $386,770,661)** | &nbsp;&nbsp; 384432640 |
| **Other Assets Less Liabilities — 2.2%** | **Other Assets Less Liabilities — 2.2%** | &nbsp;&nbsp; 5237006 |
| **Liability for TOB Trust Certificates, Including Interest Expense and** <br> **Fees Payable — (30.6)%** | **Liability for TOB Trust Certificates, Including Interest Expense and** <br> **Fees Payable — (30.6)%** | &nbsp;&nbsp; (73057464)<br>|
| **VMTP Shares at Liquidation Value, Net of Deferred Offering Costs —** <br> **(32.5)%** | **VMTP Shares at Liquidation Value, Net of Deferred Offering Costs —** <br> **(32.5)%** | &nbsp;&nbsp; (77700000)<br>|
| **Net Assets Applicable to Common Shares — 100.0%** | **Net Assets Applicable to Common Shares — 100.0%** | &nbsp;&nbsp; $238912182 |

---

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

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

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

<sup>(h)</sup> All or a portion of the security is subject to a recourse agreement. The aggregate maximum potential amount the Fund could ultimately be required to pay under the agreement, which expires on July 1, 2031 to October 1, 2042, is $17,169,611. 

<sup>(i)</sup> Affiliate of the Fund.

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

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended April 30, 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>*07/31/24*<br>| *Proceeds* <br>*from Sales*<br>| *Net* <br>*Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*04/30/25*<br>| *Shares* <br>*Held at* <br>*04/30/25*<br>| *Income* | *Capital Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| BlackRock Liquidity Funds, MuniCash, Institutional Shares | $6544928<br> $1480488 <br><sup>(a)</sup><br>| &nbsp;&nbsp; $— | $224 | $(224)<br>| $8025416 | 8024614 | $110602 | $— |

---

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

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

------

Schedule of Investments (unaudited)(continued)

April 30, 2025

**BlackRock MuniVest Fund II, Inc. (MVT)** 

**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 Fund has the ability to access for identical assets or liabilities;

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

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

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

The following table summarizes the Fund's financial instruments categorized in the fair value hierarchy. The breakdown of the Fund'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; $250955613 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $250955613 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds Transferred to Tender Option Bond Trusts | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 125451611 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 125451611 |
| &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; 8025416 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8025416 |
|  | &nbsp;&nbsp; $8025416 | &nbsp;&nbsp;&nbsp;&nbsp; $376407224 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $384432640 |

---

The Fund 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; $(72579201)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(72579201)<br>|
| &nbsp;&nbsp;&nbsp; VMTP Shares at Liquidation Value | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (77700000)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (77700000)<br>|
|  | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(150279201)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(150279201)<br>|

---

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

---

| | |
|:---|:---|
| **Portfolio Abbreviation**  | **Portfolio Abbreviation**  |
| AGC | Assured Guaranty Corp. |
| AGM | Assured Guaranty Municipal Corp. |
| AGM-CR | AGM Insured Custodial Receipt |
| AMT | Alternative Minimum Tax |
| ARB | Airport Revenue Bonds  |
| BAM | Build America Mutual Assurance Co. |
| BAM-TCRS | &nbsp;&nbsp;&nbsp; Build America Mutual Assurance Co. - Transferable <br> Custodial Receipts<br>|
| CAB | Capital Appreciation Bonds |
| CR | Custodian Receipt |
| FHLMC | Federal Home Loan Mortgage Corp. |
| FNMA | Federal National Mortgage Association |
| GNMA | Government National Mortgage Association |

---

---

| | |
|:---|:---|
| **Portfolio Abbreviation (continued)** | **Portfolio Abbreviation (continued)** |
| GO | General Obligation Bonds |
| GOL | General Obligation Ltd. |
| GTD | GTD Guaranteed |
| HUD SECT 8 | &nbsp;&nbsp;&nbsp; U.S. Department of Housing and Urban Development <br> Section 8<br>|
| M/F | Multi-Family |
| PSF | Permanent School Fund |
| PSF-GTD | Permanent School Fund Guaranteed |
| RB | Revenue Bonds |
| S/F | Single-Family |
| SAB | Special Assessment Bonds |
| SAN | State Aid Notes |

---

Schedule of Investments

------

## 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 MuniVest Fund II, Inc.

- **b. Investment Company Act file number:** 811-07478

- **c. CIK number of Registrant:** 0000897269

- **d. LEI of Registrant:** TC1SINW7C50S8NN8GU32

- **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 MuniVest Fund II, Inc.

- **c. LEI of Series:** TC1SINW7C50S8NN8GU32

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

- **a. Date of fiscal year-end:** 2025-07-31

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $390800297.11

**Total Liabilities:** $151883071.22

**Net Assets:** $238917225.89

**Delayed Delivery Securities:** $1115580.92

**Cash Not Reported:** $4216370.71

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 109767.21000000 | **1-Year:** 380.78000000 | **5-Year:** 85960.21000000 | **10-Year:** 47843.37000000 | **30-Year:** 91408.05000000

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

- **3-Month:** 309.69000000 | **1-Year:** 16.03000000 | **5-Year:** 7383.37000000 | **10-Year:** 4398.88000000 | **30-Year:** 36222.15000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 1.16%                | -3.13%               | -1.79%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $11852.96                | $1727611.13                                |
| Month 2  | $-895207.52              | $-7927705.54                               |
| Month 3  | $-1869032.51             | $-3344187.52                               |

**Designated Index Information**

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

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

### Schedule of Portfolio Investments

| Name                                                                      | Title                                                        | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Patriots Energy Group Financing Agency                                    | PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE           | CUSIP: 70342PAR5<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   6462855 | PA      | $6827115.99   | 2.86%             | 2054-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                  | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WBD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    369742 | PA      | $351053.72    | 0.15%             | 2041-01-20      | Fixed         | 4.17%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                  | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1129217.92   | 0.47%             | 2060-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                   | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                       | CUSIP: 613603YY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    345000 | PA      | $336867.50    | 0.14%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp                                     | CLIFTON TX HGR EDU FIN CORP EDU REVENUE                      | CUSIP: 187145SU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1037357.11   | 0.43%             | 2049-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Central Valley Energy Authority                                           | CENTRL VLY CA ENERGY AUTH COMMODITY SPLY REVENUE             | CUSIP: 15569DAA0<br>LEI: 254900G5IPQ9MA3FRJ55 | Long             | DBT              | MUN               | US        |    475000 | PA      | $510376.00    | 0.21%             | 2055-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Airport System Revenue                                  | AUSTIN TX ARPT SYS REVENUE                                   | CUSIP: 052398GY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1795000 | PA      | $1800809.86   | 0.75%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                  | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1950000 | PA      | $1964020.54   | 0.82%             | 2060-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445WQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1219214.91   | 0.51%             | 2042-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                     | PENNSYLVANIA ST ECON DEV FINGAUTH EXEMPT FACS REVENUE        | CUSIP: 708686DZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1028410.28   | 0.43%             | 2044-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Fort Lauderdale FL Water & Sewer Revenue                          | FORT LAUDERDALE FL WTR & SWR REVENUE                         | CUSIP: 347658ZX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1380933.40   | 0.58%             | 2048-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Lafayette LA Utilities Revenue                                    | LAFAYETTE LA UTILITIES REVENUE                               | CUSIP: 506498F41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    345000 | PA      | $352329.80    | 0.15%             | 2049-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                         | SOUTHEAST ENERGY AUTH COOPERATIVE DIST AL ENERGY SUPPLY REVE | CUSIP: 84136HBC6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    770000 | PA      | $788799.18    | 0.33%             | 2056-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                    | NEW YORK CITY NY HSG DEV CORP MF HSG REV                     | CUSIP: 64972KBB0<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   2460000 | PA      | $2383349.48   | 1.00%             | 2048-11-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                           | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GE42<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   4410000 | PA      | $4180123.28   | 1.75%             | 2046-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                        | NEW YORK ST DORM AUTH SALES TAX REVENUE                      | CUSIP: 64990AQM0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3940000 | PA      | $4005746.23   | 1.68%             | 2046-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Port Authority                                              | MASSACHUSETTS ST PORT AUTH                                   | CUSIP: 575896YJ8<br>LEI: 254900JRR8IDSSKWCL90 | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1114064.10   | 0.47%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                            | BUCKEYE OH TOBACCO SETTLEMENT FING AUTH                      | CUSIP: 118217CX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    830000 | PA      | $698408.47    | 0.29%             | 2048-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                        | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990KHC0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    760000 | PA      | $778938.19    | 0.33%             | 2055-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp                                             | NEW YORK ST URBAN DEV CORP REVENUE                           | CUSIP: 650036AP1<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |    545000 | PA      | $488420.83    | 0.20%             | 2049-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                        | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HOSP FACS REVENUE       | CUSIP: 83703EMQ5<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1820000 | PA      | $1588466.41   | 0.66%             | 2044-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Garland TX Electric Utility System Revenue                        | GARLAND TX ELEC UTILITY SYS REVENUE                          | CUSIP: 366133TJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $177534.54    | 0.07%             | 2048-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                     | SAN ANTONIO TX ELEC & GAS REVENUE                            | CUSIP: 79625GGS6<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4758553.62   | 1.99%             | 2046-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                            | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 64613CCU0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   3225000 | PA      | $3128736.94   | 1.31%             | 2040-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TVD2<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    395000 | PA      | $351925.01    | 0.15%             | 2047-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                             | MASSACHUSETTS ST                                             | CUSIP: 57582RY59<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1368602.95   | 0.57%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                 | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349HY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $311465.09    | 0.13%             | 2038-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                            | BUCKEYE OH TOBACCO SETTLEMENT FING AUTH                      | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1855000 | PA      | $1597010.90   | 0.67%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Aviation Authority                                    | HILLSBOROUGH CNTY FL AVIATION AUTH                           | CUSIP: 432308X25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3080000 | PA      | $3192548.82   | 1.34%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| South Dakota Housing Development Authority                                | SOUTH DAKOTA ST HSG DEV AUTH                                 | CUSIP: 83756LBG9<br>LEI: 549300G853EK61667C18 | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1282553.29   | 0.54%             | 2049-11-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Black Desert Public Infrastructure District                               | BLACK DESERT PUB INFRASTRUCTURE DIST UT SPL ASSMNT           | CUSIP: 09204TAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $131384.32    | 0.05%             | 2053-12-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                       | NEW YORK NY                                                  | CUSIP: 64966SMF0<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    200000 | PA      | $210879.10    | 0.09%             | 2053-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                     | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                   | CUSIP: 70869PHX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $837151.04    | 0.35%             | 2042-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Dulles Toll Road Revenue       | MET WASHINGTON DC ARPTS AUTH DULLES TOLL ROAD REVENUE        | CUSIP: 592643BD1<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   6515000 | PA      | $4208598.46   | 1.76%             | 2035-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Duluth Economic Development Authority                                     | DULUTH MN ECON DEV AUTH HLTH CARE FACS REVENUE               | CUSIP: 26444CHB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1995000 | PA      | $1772906.33   | 0.74%             | 2048-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505TG1<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    450000 | PA      | $449948.23    | 0.19%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue          | WASHINGTON DC MET AREA TRANSIT AUTH DEDICATED REVENUE        | CUSIP: 93878YCS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $522663.43    | 0.22%             | 2047-07-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                 | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP REVENUE           | CUSIP: 87638TGQ0<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   4545000 | PA      | $4554307.98   | 1.91%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                  | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    835000 | PA      | $828052.28    | 0.35%             | 2049-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Dakota Housing Finance Agency                                       | NORTH DAKOTA ST HSG FIN AGY                                  | CUSIP: 6589098A7<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |   1770000 | PA      | $1741854.36   | 0.73%             | 2049-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                           | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GL85<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |    475000 | PA      | $504637.85    | 0.21%             | 2055-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona/The       | PHOENIX AZ INDL DEV AUTH EDU REVENUE                         | CUSIP: 71885FFG7<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   1685000 | PA      | $1573138.51   | 0.66%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                                   | ENERGY S E AL A COOPERATIVE DIST ENERGY SPLY REVENUE         | CUSIP: 292723AY9<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10906774.15  | 4.57%             | 2054-04-01      | Fixed         | 5.75%                 | 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        |    775000 | PA      | $775284.11    | 0.32%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                    | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JPW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1835000 | PA      | $1691089.17   | 0.71%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                         | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                 | CUSIP: 649519DC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $849967.51    | 0.36%             | 2040-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                    | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5562000 | PA      | $5285549.41   | 2.21%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                 | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE             | CUSIP: 5742187N7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $515198.86    | 0.22%             | 2050-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Caney Independent School District                                     | NEW CANEY TX INDEP SCH DIST                                  | CUSIP: 643154KZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $623783.84    | 0.26%             | 2049-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                 | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP REVENUE           | CUSIP: 87638TGV9<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    620000 | PA      | $547590.53    | 0.23%             | 2053-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                               | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3J4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1294889 | PA      | $1363153.32   | 0.57%             | 2031-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| County of Pasco FL                                                        | PASCO CNTY FL CAPITAL IMPT CIGARETTE TAX ALLOCATION          | CUSIP: 70252AAW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3805000 | PA      | $3876033.15   | 1.62%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hutto Independent School District                                         | HUTTO TX INDEP SCH DIST                                      | CUSIP: 4484924U9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $93164.86     | 0.04%             | 2048-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Waterworks Revenue                                     | CHICAGO IL WTRWKS REVENUE                                    | CUSIP: 167736U88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1655000 | PA      | $1715836.96   | 0.72%             | 2048-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                         | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                 | CUSIP: 649519EZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $227716.41    | 0.10%             | 2050-09-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Water & Wastewater Revenue                        | PHILADELPHIA PA WTR & WSTWTR REVENUE                         | CUSIP: 7178932Y6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2305000 | PA      | $2434967.86   | 1.02%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Hutto TX                                                          | HUTTO TX                                                     | CUSIP: 448474ZR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $425215.07    | 0.18%             | 2049-08-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                        | SOUTH CAROLINA JOBS-ECON DEV AUTH                            | CUSIP: 83704EAA2<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1304950.12   | 0.55%             | 2047-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Transportation Infrastructure Authority                   | KENTUCKY PUB TRANSPRTN INFRASTRUCTURE AUTH TOLL REVENUE      | CUSIP: 491397AU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1359795.23   | 0.57%             | 2043-07-01      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                          | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709225GJ9<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   3178455 | PA      | $3341051.61   | 1.40%             | 2047-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                  | NEW JERSEY ST HGR EDU ASSISTANCE AUTH STUDENT LOAN REVENUE   | CUSIP: 646080WP2<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    965000 | PA      | $933179.78    | 0.39%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HSG FIN AGY SF                                            | PENNSYLVANIA ST HSG FIN AGY SF                               | CUSIP: 70879QWL3<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   3830000 | PA      | $3827030.60   | 1.60%             | 2049-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                           | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GE59<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   4185000 | PA      | $3925965.32   | 1.64%             | 2047-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority                           | KENTUCKY ST ECON DEV FIN AUTH                                | CUSIP: 49126PGE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1010000 | PA      | $991094.24    | 0.41%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Water Supply System Revenue                   | GREAT LAKES MI WTR AUTH WTR SPLY SYS REVENUE                 | CUSIP: 39081JEV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1340687.45   | 0.56%             | 2052-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                 | SALT LAKE CITY UT ARPT REVENUE                               | CUSIP: 795576KB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1950000 | PA      | $1950187.01   | 0.82%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                         | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                 | CUSIP: 649519EH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2370000 | PA      | $1573464.88   | 0.66%             | 2051-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Ports Authority                                            | SOUTH CAROLINA ST PORTS AUTH PORTS REVENUE                   | CUSIP: 837123KH0<br>LEI: 5493001YXW15H9J1M026 | Long             | DBT              | MUN               | US        |    650000 | PA      | $559759.64    | 0.23%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                    | TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE         | CUSIP: 896035BZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3055000 | PA      | $2750235.12   | 1.15%             | 2048-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                     | SAN ANTONIO TX ELEC & GAS REVENUE                            | CUSIP: 79625GJR5<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   2968515 | PA      | $3129690.24   | 1.31%             | 2049-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Permanent University Fund - Texas A&M University System                   | TEXAS ST A & M UNIV PERM UNIV FUND                           | CUSIP: 8821178Q0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $664332.33    | 0.28%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Water & Sewer Utility Revenue                        | BROWARD CNTY FL WTR & SWR UTILITY REVENUE                    | CUSIP: 115117NH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $193956.77    | 0.08%             | 2045-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                        | ALLEGHENY CNTY PA ARPT AUTH ARPT REVENUE                     | CUSIP: 01728LGH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    605000 | PA      | $498063.92    | 0.21%             | 2056-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Duluth Economic Development Authority                                     | DULUTH MN ECON DEV AUTH HLTH CARE FACS REVENUE               | CUSIP: 26444CHD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $566512.42    | 0.24%             | 2053-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                        | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE       | CUSIP: 837032BZ3<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1263991.87   | 0.53%             | 2046-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Sales Tax Receipts Fund                         | CHICAGO IL TRANSIT AUTH SALES TAX RECPTS REVENUE             | CUSIP: 16772PBU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $615901.77    | 0.26%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of Houston of Harris County Texas                          | PORT HOUSTON TX AUTH                                         | CUSIP: 734262GV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $666321.29    | 0.28%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                         | SOUTHEAST ENERGY AUTH AL COMMODITY SPLY REVENUE              | CUSIP: 84136FBL0<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    685000 | PA      | $725886.25    | 0.30%             | 2053-01-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                     | HAMILTON CNTY OH HOSP FACS REVENUE                           | CUSIP: 407272W25<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |    530000 | PA      | $547114.25    | 0.23%             | 2049-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                        | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 735389R26<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   5390000 | PA      | $5356562.52   | 2.24%             | 2046-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                   | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 041807BH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $374941.95    | 0.16%             | 2062-11-01      | Fixed         | 7.88%                 | 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        |   2240000 | PA      | $2291361.65   | 0.96%             | 2031-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                       | WASHINGTON ST                                                | CUSIP: 93974EVQ6<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1592853.13   | 0.67%             | 2047-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                    | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JRL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2941000 | PA      | $2687346.37   | 1.12%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                     | LOUISIANA PUB FACS AUTH REVENUE                              | CUSIP: 546399RQ1<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1193339.54   | 0.50%             | 2053-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                              | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JTG3<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1410720.80   | 0.59%             | 2050-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                            | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TBT3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    405000 | PA      | $423648.66    | 0.18%             | 2053-11-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Texas Private Activity Bond Surface Transportation Corp                   | TEXAS ST PRIV ACTIVITY BOND SURFACE TRANSPRTN CORP REVENUE   | CUSIP: 882667AN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1116734.77   | 0.47%             | 2058-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust IV                                        | NEW YORK CNTYS NY TOBACCO TRUST IV                           | CUSIP: 62947YAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1845000 | PA      | $1675400.96   | 0.70%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                      | JEFFERSON CNTY AL SWR REVENUE WARRANTS                       | CUSIP: 472682ZR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2035000 | PA      | $2045990.57   | 0.86%             | 2049-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                       | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QC35<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2928582.23   | 1.23%             | 2049-10-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TVA8<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    810000 | PA      | $730552.86    | 0.31%             | 2044-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                      | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                  | CUSIP: 89602RGQ2<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    825000 | PA      | $848416.37    | 0.36%             | 2056-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                     | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261AG50<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    760000 | PA      | $772918.53    | 0.32%             | 2055-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FYG4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2850000 | PA      | $2622548.17   | 1.10%             | 2041-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                  | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584XD57<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1092012.88   | 0.46%             | 2047-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                            | NEW JERSEY ST TRANSPRTN TRUSTFUND AUTH                       | CUSIP: 64613CFC7<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    430000 | PA      | $458077.65    | 0.19%             | 2046-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                      | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917TRU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $495806.76    | 0.21%             | 2048-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505QP4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1465135.01   | 0.61%             | 2035-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                             | MASSACHUSETTS ST                                             | CUSIP: 57582RY26<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1327556.90   | 0.56%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Sewage Disposal System Revenue                | GREAT LAKES MI WTR AUTH SEWAGE DISPOSAL SYS REVENUE          | CUSIP: 39081HEL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $571607.75    | 0.24%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                               | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DBW1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    985000 | PA      | $990675.44    | 0.41%             | 2049-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Parish of East Baton Rouge Capital Improvements District                  | EAST BATON ROUGE PARISH LA CAPITAL IMPTS DIST MOVEBR SALES T | CUSIP: 270773BU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    610000 | PA      | $634081.72    | 0.27%             | 2046-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                   | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                       | CUSIP: 613603B65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $418634.59    | 0.18%             | 2051-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                        | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990KHA4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3118180 | PA      | $3204025.62   | 1.34%             | 2053-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                 | NEW JERSEY ST ECON DEV AUTH REV                              | CUSIP: 64577XED4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1740000 | PA      | $1795730.93   | 0.75%             | 2047-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505PL4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    540000 | PA      | $520284.18    | 0.22%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                              | KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG                  | CUSIP: 48504NBF5<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |    640000 | PA      | $634722.51    | 0.27%             | 2055-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                         | DENVER CITY & CNTY CO ARPT REVENUE                           | CUSIP: 249182TM8<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |    425000 | PA      | $452673.51    | 0.19%             | 2045-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                 | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349GV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1745000 | PA      | $1789977.10   | 0.75%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                  | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116CY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1064669.33   | 0.45%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445S67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1165958.36   | 0.49%             | 2046-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                 | SALT LAKE CITY UT ARPT REVENUE                               | CUSIP: 795576MC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4061547 | PA      | $4218406.30   | 1.77%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Lamar Consolidated Independent School District                            | LAMAR TX CONSOL INDEP SCH DIST                               | CUSIP: 513174J29<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5240000 | PA      | $5511507.57   | 2.31%             | 2058-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                   | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE                  | CUSIP: 594698QT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1069998.45   | 0.45%             | 2043-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennergy Corp/TN                                                          | TENNERGY CORP TN GAS REVENUE                                 | CUSIP: 880397CF9<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1718155.74   | 0.72%             | 2053-10-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Home Ownership Revenue | WISCONSIN ST HSG & ECON DEV AUTH HOME OWNERSHIP REVENUE      | CUSIP: 97689QWC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    925000 | PA      | $880814.79    | 0.37%             | 2051-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                          | CALIFORNIA ST POLL CONTROL FING AUTH WTR FURNISHING REVENUE  | CUSIP: 13054WAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1495000 | PA      | $1466510.92   | 0.61%             | 2045-11-21      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Department of Housing & Community Affairs                           | TEXAS ST DEPT OF HSG & CMNTY AFFAIRS                         | CUSIP: 88275FYX1<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |   1620000 | PA      | $1622939.36   | 0.68%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust IV                                        | NEW YORK CNTYS NY TOBACCO TRUST IV                           | CUSIP: 62947YAL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1699967.19   | 0.71%             | 2041-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Dulles Toll Road Revenue       | MET WASHINGTON DC ARPTS AUTH DULLES TOLL ROAD REVENUE        | CUSIP: 592643DF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1790000 | PA      | $1541961.85   | 0.65%             | 2049-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Industrial Development Authority                      | HILLSBOROUGH CNTY FLA INDL DEVAUTH HEALTH SYS REVENUE        | CUSIP: 43233KAU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $214993.62    | 0.09%             | 2049-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                    | TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE         | CUSIP: 896035BD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $416897.86    | 0.17%             | 2052-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri        | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE       | CUSIP: 60637APW6<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2630000 | PA      | $2269237.22   | 0.95%             | 2049-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Duluth Economic Development Authority                                     | DULUTH MN ECON DEV AUTH HLTH CARE FACS REVENUE               | CUSIP: 26444CHF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1480000 | PA      | $1480407.40   | 0.62%             | 2058-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                                    | VIRGINIA ST HSG DEV AUTH                                     | CUSIP: 92812WNV2<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |   1035000 | PA      | $995460.40    | 0.42%             | 2049-09-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505WB8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    535000 | PA      | $501557.27    | 0.21%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                    | ARKANSAS ST DEV FIN AUTH INDL DEV REVENUE                    | CUSIP: 04108WCD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2305000 | PA      | $2102919.29   | 0.88%             | 2049-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                   | PORT AUTH OF NEW YORK & NEW JERSEY NY                        | CUSIP: 73358XGM8<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   3946542 | PA      | $4026144.79   | 1.69%             | 2047-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                   | DIST OF COLUMBIA INCOME TAX SECURED REVENUE                  | CUSIP: 25477GWB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $400488.72    | 0.17%             | 2048-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                  | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584X4M0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    470000 | PA      | $414821.65    | 0.17%             | 2042-10-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Gainesville & Hall County Hospital Authority                              | GAINESVILLE & HALL CNTY GA HOSP AUTH                         | CUSIP: 362762QR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $449038.57    | 0.19%             | 2051-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Aviation Authority                                    | HILLSBOROUGH CNTY FL AVIATION AUTH                           | CUSIP: 432308W91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3080000 | PA      | $3218635.25   | 1.35%             | 2049-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                         | TOBACCO SETTLEMENT FING CORP NJ                              | CUSIP: 888808HQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $253398.93    | 0.11%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                         | TOBACCO SETTLEMENT FING CORP NJ                              | CUSIP: 888808HT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5280000 | PA      | $5055115.77   | 2.12%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Permanent University Fund - University of Texas System                    | UNIV OF TEXAS TX PERMANENT UNIV FND                          | CUSIP: 915130CH9<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1606345.14   | 0.67%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                              | MICHIGAN ST HSG DEV AUTH RENTAL HSG REVENUE                  | CUSIP: 59465PEJ3<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   2550821 | PA      | $2594557.69   | 1.09%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ellis County Unified School District No 489 Hays                          | ELLIS CNTY KS UNIF SCH DIST #489 HAYS                        | CUSIP: 288695EX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $237651.51    | 0.10%             | 2052-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                      | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FWU4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    360000 | PA      | $369752.37    | 0.15%             | 2052-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Glendale Industrial Development Authority                                 | GLENDALE AZ INDL DEV AUTH SENIOR LIVING FACS REVENUE         | CUSIP: 378287BA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $81099.55     | 0.03%             | 2056-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend County Industrial Development Corp                              | FORT BEND CNTY TX INDL DEV CORP                              | CUSIP: 346786AH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    670000 | PA      | $651567.90    | 0.27%             | 2042-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                    | ARKANSAS DEV FIN AUTH ENVIRONMENTAL REVENUE                  | CUSIP: 04110FAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $437688.22    | 0.18%             | 2053-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| County of Franklin OH                                                     | FRANKLIN CNTY OH REVENUE                                     | CUSIP: 353202FP4<br>LEI: 549300VCBUC1RZE7KL42 | Long             | DBT              | MUN               | US        |    400000 | PA      | $400929.47    | 0.17%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Waller Consolidated Independent School District                           | WALLER TX INDEP SCH DIST                                     | CUSIP: 932493LX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $676854.29    | 0.28%             | 2048-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                       | NEW YORK NY                                                  | CUSIP: 64966QG79<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    800000 | PA      | $727727.42    | 0.30%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                              | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JCD8<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   4240000 | PA      | $4482098.47   | 1.88%             | 2048-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                              | KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG                  | CUSIP: 48504NBD0<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |    640000 | PA      | $634857.81    | 0.27%             | 2049-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                         | ILLINOIS ST                                                  | CUSIP: 452153FK0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    500000 | PA      | $515794.11    | 0.22%             | 2043-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                    | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048VCA4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1249538.31   | 0.52%             | 2047-12-31      | 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: 60637AMF6<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2570000 | PA      | $2579021.03   | 1.08%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                               | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1434839 | PA      | $1479292.94   | 0.62%             | 2029-07-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Waxahachie Independent School District                                    | WAXAHACHIE TX INDEP SCH DIST                                 | CUSIP: 944097A61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1021860.29   | 0.43%             | 2049-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                               | CALIFORNIA ST EDUCTNL FACS AUTH REVENUE                      | CUSIP: 130179GV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    920000 | PA      | $997562.74    | 0.42%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                  | MET PIER & EXPOSITION AUTH IL REVENUE                        | CUSIP: 592250CL6<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |    870000 | PA      | $825701.77    | 0.35%             | 2057-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                       | IDAHO ST HSG & FIN ASSN SALES TAX REVENUE                    | CUSIP: 45130ABT1<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1636095.06   | 0.68%             | 2048-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Water & Wastewater Revenue                        | PHILADELPHIA PA WTR & WSTWTR REVENUE                         | CUSIP: 7178933W9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $722421.09    | 0.30%             | 2049-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                  | NATIONAL FIN AUTH NH MF AFFORDABLE HSG                       | CUSIP: 63610CAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $473671.22    | 0.20%             | 2042-04-28      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                        | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990FYQ1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3855000 | PA      | $3504362.11   | 1.47%             | 2047-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                        | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE       | CUSIP: 837032CB5<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    835000 | PA      | $896911.12    | 0.38%             | 2048-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TVE0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2235000 | PA      | $1970663.24   | 0.82%             | 2050-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Dulles Toll Road Revenue       | MET WASHINGTON DC ARPTS AUTH DULLES TOLL ROAD REVENUE        | CUSIP: 592643BC3<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   4830000 | PA      | $3279096.90   | 1.37%             | 2034-10-01      | None          | 0.00%                 | 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        |   2185000 | PA      | $2256478.60   | 0.94%             | 2053-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                      | DIST OF COLUMBIA                                             | CUSIP: 25476FA57<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    730000 | PA      | $765840.74    | 0.32%             | 2048-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity Funds                                                 | BlackRock Liquidity Funds: MuniCash, Institutional Shares    | CUSIP: 09248U841<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |   3805671 | NS      | $3806051.35   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Education                                                | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505TJ5<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    450000 | PA      | $424764.44    | 0.18%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of DeKalb GA Water & Sewerage Revenue                              | DE KALB CNTY GA WTR & SWR REVENUE                            | CUSIP: 240523A34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1184814.24   | 0.50%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                      | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX      | CUSIP: 89602HHH3<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   3537379 | PA      | $3711365.82   | 1.55%             | 2054-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Marcos Unified School District                                        | SAN MARCOS CA UNIF SCH DIST                                  | CUSIP: 798755DL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $884428.18    | 0.37%             | 2042-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FYF6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     90000 | PA      | $91278.39     | 0.04%             | 2041-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                        | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HOSP REVENUE            | CUSIP: 83703FLP5<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1510767.99   | 0.63%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                   | MISSOURI ST HSG DEV COMMISSION SF MTGE REVENUE               | CUSIP: 60637GDE6<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   3080000 | PA      | $2963161.52   | 1.24%             | 2049-11-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                            | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 64613CEG9<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1485000 | PA      | $1512308.30   | 0.63%             | 2046-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Dulles Toll Road Revenue       | MET WASHINGTON DC ARPTS AUTH DULLES TOLL ROAD REVENUE        | CUSIP: 592643BB5<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   6590000 | PA      | $4695091.96   | 1.97%             | 2033-10-01      | 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: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5051000 | PA      | $1619263.57   | 0.68%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                      | DIST OF COLUMBIA REVENUE                                     | CUSIP: 25483VUQ5<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   2315000 | PA      | $2197931.35   | 0.92%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 5444453D9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1082002.11   | 0.45%             | 2055-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                       | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KFJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    212500 | PA      | $220064.31    | 0.09%             | 2054-05-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| County of Harris TX                                                       | HARRIS CNTY TX                                               | CUSIP: 414005Y85<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |    390000 | PA      | $364559.04    | 0.15%             | 2048-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission Oil Franchise Tax Revenue                | PENNSYLVANIA ST TURNPIKE COMMISSION OIL FRANCHISE TAX REVENU | CUSIP: 709221WV3<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1065000 | PA      | $907706.60    | 0.38%             | 2053-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp                                    | PHOENIX AZ CIVIC IMPT CORP WSTWTR SYS REVENUE                | CUSIP: 71883PMN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    760000 | PA      | $804979.46    | 0.34%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Wastewater Transmission Revenue                        | CHICAGO IL WSTWTR TRANSMISSION REVENUE                       | CUSIP: 167727YK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2492866.70   | 1.04%             | 2047-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Celebration Pointe Community Development District No 1                    | CELEBRATION POINTE CMNTY DEV DIST NO 1 FL SPL ASSMNT REVENUE | CUSIP: 15102HAF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1108800.00   | 0.46%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Memphis-Shelby County Airport Authority                                   | MEMPHIS-SHELBY CNTY TN ARPT AUTH ARPT REVENUE                | CUSIP: 586111PM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1272214.74   | 0.53%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                     | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261AG43<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    515000 | PA      | $517333.87    | 0.22%             | 2050-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Celebration Pointe Community Development District No 1                    | CELEBRATION POINTE CMNTY DEV DIST NO 1 FL SPL ASSMNT REVENUE | CUSIP: 15102HAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $336600.00    | 0.14%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                        | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990KGU1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   4630000 | PA      | $4817141.78   | 2.02%             | 2047-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                 | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 64577B5G5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   5845000 | PA      | $5876526.94   | 2.46%             | 2048-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                        | HOUSTON TX                                                   | CUSIP: 442332ED0<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1443526.98   | 0.60%             | 2049-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505WC6<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1310425.77   | 0.55%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                         | TOBACCO SETTLEMENT FING CORP NJ                              | CUSIP: 888808HR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $271174.02    | 0.11%             | 2046-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Erie Tobacco Asset Securitization Corp                                    | ERIE CNTY NY TOBACCO ASSET SECURITIZATION CORP TOBACCO SETTL | CUSIP: 295095BB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1960000 | PA      | $1754978.79   | 0.73%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                      | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FWT7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    175000 | PA      | $181883.96    | 0.08%             | 2047-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                          | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UKQ0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    105000 | PA      | $95725.29     | 0.04%             | 2056-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                     | SAN ANTONIO TX ELEC & GAS REVENUE                            | CUSIP: 79625GGT4<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   2465000 | PA      | $2645165.86   | 1.11%             | 2050-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Home Ownership Revenue | WISCONSIN ST HSG & ECON DEV AUTH HOME OWNERSHIP REVENUE      | CUSIP: 97689QSN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $323436.20    | 0.14%             | 2043-09-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade Seaport Department                                   | MIAMI-DADE CNTY FL SEAPORT REVENUE                           | CUSIP: 59335KFB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2680000 | PA      | $2715459.40   | 1.14%             | 2052-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Sulphur Springs Independent School District                               | SULPHUR SPRINGS TX INDEP SCH DIST                            | CUSIP: 865542QZ0<br>LEI: 549300J6W88JCWPP5293 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2280985.08   | 0.95%             | 2049-02-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                        | ALLEGHENY CNTY PA ARPT AUTH ARPT REVENUE                     | CUSIP: 01728LHD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $243965.92    | 0.10%             | 2048-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                        | HOUSTON TX                                                   | CUSIP: 442332DF6<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |    210000 | PA      | $224326.39    | 0.09%             | 2042-03-01      | Fixed         | 5.25%                 | 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        |   1135000 | PA      | $1091635.47   | 0.46%             | 2065-01-01      | Floating      | 9.50%                 | No            |                  2 | On Loan: No      |
| Val Verde Unified School District                                         | VAL VERDE CA UNIF SCH DIST                                   | CUSIP: 91882RKZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1060383.65   | 0.44%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Delaware River & Bay Authority                                            | DELAWARE RIVER & BAY AUTH DE REVENUE                         | CUSIP: 246317GV7<br>LEI: 549300DIIIT0MBXYHJ34 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1382665.56   | 0.58%             | 2044-01-01      | 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: 646080WQ0<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1181028.29   | 0.49%             | 2052-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                    | ILLINOIS ST HSG DEV AUTH REVENUE                             | CUSIP: 45203MUH2<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |    780000 | PA      | $837148.07    | 0.35%             | 2054-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| County of Pasco FL                                                        | PASCO CNTY FL CAPITAL IMPT CIGARETTE TAX ALLOCATION          | CUSIP: 70252AAX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $451210.37    | 0.19%             | 2054-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                    | NEW YORK CITY NY HSG DEV CORP REVENUE                        | CUSIP: 64966WHK6<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4850362.80   | 2.03%             | 2053-02-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                     | LOUISIANA PUB FACS AUTH REVENUE                              | CUSIP: 546399NZ5<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |     60000 | PA      | $61293.25     | 0.03%             | 2050-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                  | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116GP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $487002.61    | 0.20%             | 2040-04-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                     | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261AG35<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1585000 | PA      | $1578137.09   | 0.66%             | 2045-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                     | ILLINOIS ST TOLL HIGHWAY AUTH                                | CUSIP: 452252PY9<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2267331.50   | 0.95%             | 2046-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                   | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 041807CF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $417832.58    | 0.17%             | 2062-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                        | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 7353892S6<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   3088455 | PA      | $3132564.76   | 1.31%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                            | NEW JERSEY ST TRANSPRTN TRUSTFUND AUTH                       | CUSIP: 64613CFG8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    795000 | PA      | $799551.69    | 0.33%             | 2046-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                         | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                 | CUSIP: 649519DA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2260000 | PA      | $2245957.24   | 0.94%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                               | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DBT8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    295000 | PA      | $310061.36    | 0.13%             | 2038-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                        | GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE               | CUSIP: 392275EN9<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   3840000 | PA      | $3941196.68   | 1.65%             | 2049-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                 | ORANGE CNTY FL HLTH FACS AUTH REVENUE                        | CUSIP: 68450LHL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1495000 | PA      | $1519687.71   | 0.64%             | 2053-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                  | MET PIER & EXPOSITION AUTH IL DEDICATED ST TAX REVENUE       | CUSIP: 592248BB3<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   5175000 | PA      | $2018092.68   | 0.84%             | 2044-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                         | SOUTHEAST ENERGY AUTH AL COMMODITY SPLY REVENUE              | CUSIP: 84136FBT3<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10456983.20  | 4.38%             | 2054-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Melbourne FL Water & Sewer Revenue                                | MELBOURNE FL WTR & SWR REVENUE                               | CUSIP: 5853953N4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3090000 | PA      | $3163714.00   | 1.32%             | 2050-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue               | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647NG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5180000 | PA      | $5337189.87   | 2.23%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                       | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QUM3<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   4753536 | PA      | $5136143.81   | 2.15%             | 2053-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                        | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990FYM0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1009713.32   | 0.42%             | 2044-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                       | PORT OF PORTLAND OR ARPT REVENUE                             | CUSIP: 7352403J0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7231916 | PA      | $7553328.78   | 3.16%             | 2048-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Lee FL Airport Revenue                                          | LEE CNTY FL ARPT REVENUE                                     | CUSIP: 523470HH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    995000 | PA      | $994631.29    | 0.42%             | 2046-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Sales Tax Receipts Fund                         | CHICAGO IL TRANSIT AUTH SALES TAX RECPTS REVENUE             | CUSIP: 16772PEP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2055000 | PA      | $2084993.10   | 0.87%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-30

**Name of Applicant:** BlackRock MuniVest Fund II, Inc.

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer