# EDGAR Filing Document

**Accession Number:** 0000883412
**File Stem:** 0001410368-26-066761
**Filing Date:** 2026-6
**Character Count:** 361072
**Document Hash:** 88365441f97d0763c1cb571047f9e44f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-066761.hdr.sgml**: 20260625

**ACCESSION NUMBER**: 0001410368-26-066761

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260625

**DATE AS OF CHANGE**: 20260625

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK MUNIYIELD QUALITY FUND III, INC.
- **CENTRAL INDEX KEY:** 0000883412

**ORGANIZATION NAME:**
- **EIN:** 223165131
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06540
- **FILM NUMBER:** 261121685

**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 MUNIYIELD QUALITY FUND III, INC
- **DATE OF NAME CHANGE:** 20101109

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BLACKROCK MUNIYIELD INSURED FUND, INC
- **DATE OF NAME CHANGE:** 20070612

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MUNIYIELD INSURED FUND INC
- **DATE OF NAME CHANGE:** 19920717

## Nport-Ex

April 30, 2026

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

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

**BlackRock MuniYield Quality Fund III, Inc. (MYI)**<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, 2026

**BlackRock MuniYield Quality Fund III, Inc. (MYI)** 

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

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br>*(000)*<br>| *Value* |
| **Municipal Bonds** | **Municipal Bonds** | **Municipal Bonds** |
| **Alabama — 5.8%** | **Alabama — 5.8%** |  |
| Black Belt Energy Gas District, RB<sup>(a)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 01/01/54 | $4765 | &nbsp;&nbsp; $5065398 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 05/01/56 | 6555 | &nbsp;&nbsp; 6661223 |
| &nbsp;&nbsp;&nbsp; Series D, 5.00%, 03/01/55 | 15340 | &nbsp;&nbsp; 16339691 |
| &nbsp;&nbsp;&nbsp; Series F, 5.50%, 11/01/53 | 1995 | &nbsp;&nbsp; 2085906 |
| &nbsp;&nbsp;&nbsp; County of Jefferson AL Sewer Revenue, Refunding RB, <br> 5.50%, 10/01/53<br>| 1060 | &nbsp;&nbsp; 1106491 |
| &nbsp;&nbsp;&nbsp; County of Jefferson Alabama Sewer Revenue, <br> Refunding RB, 5.25%, 10/01/49<br>| 8990 | &nbsp;&nbsp; 9295343 |
| &nbsp;&nbsp;&nbsp; Energy Southeast A Cooperative District, RB, <br> Series B-1, 5.75%, 04/01/54<sup>(a)</sup><br>| 3960 | &nbsp;&nbsp; 4320852 |
| &nbsp;&nbsp;&nbsp; Lower Alabama Gas District, RB, Series A, 5.00%, <br> 09/01/46<br>| 1755 | &nbsp;&nbsp; 1811693 |
| Mobile County Industrial Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 06/01/54 | 5325 | &nbsp;&nbsp; 5160453 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 4.75%, 12/01/54 | 2140 | &nbsp;&nbsp; 1995561 |
| &nbsp;&nbsp;&nbsp; Southeast Alabama Gas Supply District, Refunding RB, <br> Series B, 5.00%, 06/01/49<sup>(a)</sup><br>| 7520 | &nbsp;&nbsp; 7914505 |
| &nbsp;&nbsp;&nbsp; Southeast Energy Authority A Cooperative District, <br> RB<sup>(a)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, 5.50%, 01/01/53 | 685 | &nbsp;&nbsp; 728236 |
| &nbsp;&nbsp;&nbsp; Series A-2, 4.85%, 01/01/53 | 9645 | &nbsp;&nbsp; 10036380 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 01/01/54 | 9000 | &nbsp;&nbsp; 9491321 |
| &nbsp;&nbsp;&nbsp; Tuscaloosa County Industrial Development Authority, <br> Refunding RB, Series A, 5.25%, 05/01/44<sup>(b)</sup><br>| 1610 | &nbsp;&nbsp; 1621263 |
|  |  | &nbsp;&nbsp; 83634316 |
| **Alaska — 0.1%** | **Alaska — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Municipality of Anchorage, RB, Series A, 4.50%, <br> 02/01/60<br>| 1330 | &nbsp;&nbsp; 1181189 |
| **Arizona — 2.4%** | **Arizona — 2.4%** |  |
| Arizona Industrial Development Authority, RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 07/01/39 | 810 | &nbsp;&nbsp; 748813 |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/54 | 945 | &nbsp;&nbsp; 814882 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/49 | 1675 | &nbsp;&nbsp; 1531036 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/54 | 1290 | &nbsp;&nbsp; 1149085 |
| &nbsp;&nbsp;&nbsp; Arizona Industrial Development Authority, Refunding <br> RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.38%, 07/01/50 | 2500 | &nbsp;&nbsp; 2434211 |
| &nbsp;&nbsp;&nbsp; Series G, 5.00%, 07/01/47 | 715 | &nbsp;&nbsp; 672752 |
| &nbsp;&nbsp;&nbsp; City of Phoenix Civic Improvement Corp., ARB, Junior <br> Lien, 5.00%, 07/01/49<br>| 2060 | &nbsp;&nbsp; 2103642 |
| &nbsp;&nbsp;&nbsp; City of Phoenix Civic Improvement Corp., RB, Junior <br> Lien, 5.25%, 07/01/47<br>| 760 | &nbsp;&nbsp; 815424 |
| &nbsp;&nbsp;&nbsp; Glendale Industrial Development Authority, RB, 5.00%, <br> 05/15/56<br>| 90 | &nbsp;&nbsp; 77291 |
| &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; 1598909 |
| &nbsp;&nbsp;&nbsp; Industrial Development Authority of the City of Phoenix <br> Arizona, Refunding RB, 5.00%, 07/01/45<sup>(b)</sup><br>| 700 | &nbsp;&nbsp; 674916 |
| &nbsp;&nbsp;&nbsp; Industrial Development Authority of the County of <br> Pima, Refunding RB, 5.00%, 06/15/52<sup>(b)</sup><br>| 1620 | &nbsp;&nbsp; 1403421 |
| &nbsp;&nbsp;&nbsp; Maricopa County Industrial Development Authority, <br> Refunding RB, 5.00%, 07/01/54<sup>(b)</sup><br>| 855 | &nbsp;&nbsp; 783965 |
| &nbsp;&nbsp;&nbsp; Salt River Project Agricultural Improvement & Power <br> District, RB, Series A, 5.00%, 01/01/47<br>| 5000 | &nbsp;&nbsp; 5247000 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Arizona (continued)** | **Arizona (continued)** |  |
| &nbsp;&nbsp;&nbsp; Sierra Vista Industrial Development Authority, RB, <br> 5.75%, 06/15/53<sup>(b)</sup><br>| 2500 | &nbsp;&nbsp; $2414884 |
| Town of Queen Creek, COP, 5.50%, 10/01/65 | 11975 | &nbsp;&nbsp; 12683966 |
|  |  | &nbsp;&nbsp; 35154197 |
| **Arkansas — 0.2%** | **Arkansas — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Arkansas Development Finance Authority, RB, AMT, <br> Sustainability Bonds, 5.70%, 05/01/53<br>| 2675 | &nbsp;&nbsp; 2739129 |
| **California — 9.0%** | **California — 9.0%** |  |
| California Community Choice Financing Authority, RB<sup>(a)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Sustainability Bonds, 5.00%, 07/01/53 | 2900 | &nbsp;&nbsp; 3025986 |
| &nbsp;&nbsp;&nbsp; Sustainability Bonds, 5.50%, 10/01/54 | 4935 | &nbsp;&nbsp; 5387594 |
| &nbsp;&nbsp;&nbsp; Series B, Sustainability Bonds, 5.00%, 03/01/56 | 3040 | &nbsp;&nbsp; 3243275 |
| &nbsp;&nbsp;&nbsp; Series B-2, Sustainability Bonds, 3.54%, 02/01/52 | 3500 | &nbsp;&nbsp; 3347147 |
| &nbsp;&nbsp;&nbsp; Series G, Sustainability Bonds, 5.00%, 11/01/55 | 6125 | &nbsp;&nbsp; 6282800 |
| &nbsp;&nbsp;&nbsp; California Educational Facilities Authority, RB, <br> Series U-7, 5.00%, 06/01/46<br>| 920 | &nbsp;&nbsp; 1062793 |
| &nbsp;&nbsp;&nbsp; California Enterprise Development Authority, RB, <br> 8.00%, 11/15/62<sup>(b)</sup><br>| 1965 | &nbsp;&nbsp; 1734192 |
| &nbsp;&nbsp;&nbsp; California Housing Finance Agency, RB, M/F Housing, <br> Class 3, 5.80%, 04/01/36<sup>(b)</sup><br>| 2120 | &nbsp;&nbsp; 2102412 |
| &nbsp;&nbsp;&nbsp; California Infrastructure & Economic Development <br> Bank, Refunding RB, Class B, AMT, Sustainability <br> Bonds, 12.00%, 01/01/65<sup>(a)(b)</sup><br>| 5205 | &nbsp;&nbsp; 3018900 |
| &nbsp;&nbsp;&nbsp; California Municipal Finance Authority, ARB, AMT, <br> Senior Lien, 4.00%, 12/31/47<br>| 1475 | &nbsp;&nbsp; 1306953 |
| &nbsp;&nbsp;&nbsp; California Municipal Finance Authority, RB, M/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 02/01/38<sup>(a)</sup> | 2400 | &nbsp;&nbsp; 2379832 |
| &nbsp;&nbsp;&nbsp; Series A, 6.10%, 12/01/37 | 2400 | &nbsp;&nbsp; 2408106 |
| &nbsp;&nbsp;&nbsp; California Public Finance Authority, RB, Series A, <br> 6.38%, 06/01/59<sup>(b)</sup><br>| 2735 | &nbsp;&nbsp; 2531389 |
| &nbsp;&nbsp;&nbsp; California State University, Refunding RB, Series A, <br> 4.63%, 11/01/56<br>| 7040 | &nbsp;&nbsp; 7116831 |
| &nbsp;&nbsp;&nbsp; City of Los Angeles Department of Airports, ARB, AMT, <br> Sustainability Bonds, 5.00%, 05/15/47<br>| 1155 | &nbsp;&nbsp; 1183267 |
| &nbsp;&nbsp;&nbsp; City of Los Angeles Department of Airports, Refunding <br> ARB, Series A, AMT, Sustainability Bonds, 5.50%, <br> 05/15/55<br>| 4520 | &nbsp;&nbsp; 4817343 |
| &nbsp;&nbsp;&nbsp; CSCDA Community Improvement Authority, RB, M/F <br> Housing, Sustainability Bonds, 5.00%, 09/01/37<sup>(b)</sup><br>| 230 | &nbsp;&nbsp; 234252 |
| &nbsp;&nbsp;&nbsp; Grossmont Union High School District, GO, Election <br> 2004, 0.00%, 08/01/31<sup>(c)</sup><br>| 5110 | &nbsp;&nbsp; 4410015 |
| &nbsp;&nbsp;&nbsp; Long Beach Unified School District, GO, Series B, <br> Election 2008, 0.00%, 08/01/34<sup>(c)</sup><br>| 5000 | &nbsp;&nbsp; 3861178 |
| &nbsp;&nbsp;&nbsp; Mt San Antonio Community College District, Refunding <br> GO, CAB, Series A, Convertible, Election 2008, <br> 6.25%, 08/01/43<sup>(d)</sup><br>| 3975 | &nbsp;&nbsp; 4099984 |
| &nbsp;&nbsp;&nbsp; Norwalk-La Mirada Unified School District, Refunding <br> GO, Series E, Election 2002, (AGM), 0.00%, <br> 08/01/38<sup>(c)</sup><br>| 7620 | &nbsp;&nbsp; 4637885 |
| &nbsp;&nbsp;&nbsp; Pleasanton Unified School District, GO, Election 2022, <br> 4.25%, 08/01/50<br>| 2370 | &nbsp;&nbsp; 2311030 |
| Poway Unified School District, Refunding GO<sup>(c)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 0.00%, 08/01/35 | 7820 | &nbsp;&nbsp; 5822395 |
| &nbsp;&nbsp;&nbsp; 0.00%, 08/01/36 | 10000 | &nbsp;&nbsp; 7141815 |
| &nbsp;&nbsp;&nbsp; 0.00%, 08/01/46 | 10000 | &nbsp;&nbsp; 4083703 |
| Rio Hondo Community College District, GO<sup>(c)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series C, Election 2004, 0.00%, 08/01/37 | 8000 | &nbsp;&nbsp; 5442971 |
| &nbsp;&nbsp;&nbsp; Series C, Election 2004, 0.00%, 08/01/38 | 12940 | &nbsp;&nbsp; 8398754 |

---

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniYield Quality Fund III, Inc. (MYI)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **California (continued)** | **California (continued)** |  |
| &nbsp;&nbsp;&nbsp; Sacramento Metropolitan Fire District, GO, Series A, <br> Election 2024, 4.00%, 08/01/55<br>| 1485 | &nbsp;&nbsp; $1362560 |
| &nbsp;&nbsp;&nbsp; San Diego County Regional Airport Authority, ARB, <br> Series B, AMT, Subordinate, 4.00%, 07/01/51<br>| 2880 | &nbsp;&nbsp; 2545758 |
| &nbsp;&nbsp;&nbsp; San Diego Unified School District, Refunding GO, <br> CAB, Series R-1, 0.00%, 07/01/31<sup>(c)</sup><br>| 3485 | &nbsp;&nbsp; 3004563 |
| &nbsp;&nbsp;&nbsp; San Francisco City & County Airport Comm-San <br> Francisco International Airport, Refunding ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 05/01/44 | 14215 | &nbsp;&nbsp; 14527774 |
| &nbsp;&nbsp;&nbsp; Series D, AMT, 5.25%, 05/01/55 | 1595 | &nbsp;&nbsp; 1655002 |
| &nbsp;&nbsp;&nbsp; San Marcos Unified School District, GO, CAB, <br> Series B, Election 2010, 0.00%, 08/01/42<sup>(c)</sup><br>| 2000 | &nbsp;&nbsp; 1026640 |
| &nbsp;&nbsp;&nbsp; State of California, GO, Series 2007-2, (NPFGC-IBC), <br> 5.50%, 04/01/30<br>| 10 | &nbsp;&nbsp; 10023 |
| &nbsp;&nbsp;&nbsp; Walnut Valley Unified School District, GO, Series B, <br> Election 2007, 0.00%, 08/01/36<sup>(c)</sup><br>| 6545 | &nbsp;&nbsp; 4417496 |
|  |  | &nbsp;&nbsp; 129942618 |
| **Colorado — 1.6%** | **Colorado — 1.6%** |  |
| &nbsp;&nbsp;&nbsp; Centerra Metropolitan District No. 1, TA, 5.00%, <br> 12/01/47<sup>(b)</sup><br>| 1025 | &nbsp;&nbsp; 1024920 |
| &nbsp;&nbsp;&nbsp; City & County of Denver Colorado Airport System <br> Revenue, Refunding ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 12/01/48 | 1800 | &nbsp;&nbsp; 1803289 |
| &nbsp;&nbsp;&nbsp; Series D, AMT, 5.75%, 11/15/37 | 5000 | &nbsp;&nbsp; 5647739 |
| &nbsp;&nbsp;&nbsp; Series D, AMT, 5.75%, 11/15/45 | 425 | &nbsp;&nbsp; 461019 |
| Colorado Health Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 11/01/42 | 2500 | &nbsp;&nbsp; 2625359 |
| &nbsp;&nbsp;&nbsp; 5.50%, 11/01/47 | 570 | &nbsp;&nbsp; 601817 |
| &nbsp;&nbsp;&nbsp; 5.25%, 11/01/52 | 3110 | &nbsp;&nbsp; 3204957 |
| &nbsp;&nbsp;&nbsp; Colorado Housing and Finance Authority, RB, M/F <br> Housing, Series A-1, 4.70%, 10/01/54<br>| 3425 | &nbsp;&nbsp; 3375799 |
| &nbsp;&nbsp;&nbsp; Denver Convention Center Hotel Authority, Refunding <br> RB, Series A, 5.00%, 12/01/40<br>| 3605 | &nbsp;&nbsp; 3608022 |
|  |  | &nbsp;&nbsp; 22352921 |
| **Connecticut — 0.4%** | **Connecticut — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; Connecticut Housing Finance Authority, Refunding RB, <br> S/F Housing, Series D, Sustainability Bonds, 6.25%, <br> 05/15/54<br>| 2295 | &nbsp;&nbsp; 2476752 |
| &nbsp;&nbsp;&nbsp; Connecticut State Health & Educational Facilities <br> Authority, Refunding RB, 5.50%, 07/01/55<br>| 3230 | &nbsp;&nbsp; 3427396 |
|  |  | &nbsp;&nbsp; 5904148 |
| **District of Columbia — 2.1%** | **District of Columbia — 2.1%** |  |
| &nbsp;&nbsp;&nbsp; District of Columbia, Refunding GO, Series A, 5.25%, <br> 01/01/48<br>| 1190 | &nbsp;&nbsp; 1257978 |
| District of Columbia, Refunding RB, 5.00%, 10/01/48 | 105 | &nbsp;&nbsp; 104746 |
| &nbsp;&nbsp;&nbsp; Metropolitan Washington Airports Authority Aviation <br> Revenue, Refunding ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.25%, 10/01/49 | 1430 | &nbsp;&nbsp; 1480926 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.50%, 10/01/55 | 4800 | &nbsp;&nbsp; 5066151 |
| &nbsp;&nbsp;&nbsp; Metropolitan Washington Airports Authority Dulles Toll <br> Road Revenue, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series B, 2nd Senior Lien, (AGM), 0.00%, <br> 10/01/33<sup>(c)</sup><br>| 6590 | &nbsp;&nbsp; 5070397 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series B, 2nd Senior Lien, (AGM), 0.00%, <br> 10/01/34<sup>(c)</sup><br>| 4830 | &nbsp;&nbsp; 3554260 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series B, 2nd Senior Lien, (PSF), 0.00%, <br> 10/01/35<sup>(c)</sup><br>| 6515 | &nbsp;&nbsp; 4582797 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **District of Columbia (continued)** | **District of Columbia (continued)** |  |
| &nbsp;&nbsp;&nbsp; Metropolitan Washington Airports Authority Dulles Toll <br> Road Revenue, Refunding RB (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, Subordinate, 4.00%, 10/01/49 | 1790 | &nbsp;&nbsp; $1584117 |
| &nbsp;&nbsp;&nbsp; Washington Metropolitan Area Transit Authority <br> Dedicated Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series A, 2nd Lien, Sustainability Bonds, 4.38%, <br> 07/15/59<br>| 5195 | &nbsp;&nbsp; 4934337 |
| &nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, 4.13%, 07/15/47 | 2465 | &nbsp;&nbsp; 2357499 |
|  |  | &nbsp;&nbsp; 29993208 |
| **Florida — 9.4%** | **Florida — 9.4%** |  |
| Capital Trust Agency, Inc., RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/01/55 | 1640 | &nbsp;&nbsp; 1405570 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/55 | 1475 | &nbsp;&nbsp; 1237603 |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 06/01/57 | 500 | &nbsp;&nbsp; 448662 |
| &nbsp;&nbsp;&nbsp; Celebration Pointe Community Development District <br> No. 1, SAB<sup>(e)(f)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/32 | 1100 | &nbsp;&nbsp; 880000 |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/48 | 3280 | &nbsp;&nbsp; 2624000 |
| &nbsp;&nbsp;&nbsp; City of Fort Lauderdale Florida Water & Sewer <br> Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, 5.50%, 09/01/48 | 5595 | &nbsp;&nbsp; 6113982 |
| &nbsp;&nbsp;&nbsp; Series B, 5.50%, 09/01/53 | 3370 | &nbsp;&nbsp; 3628560 |
| &nbsp;&nbsp;&nbsp; City of Lakeland Florida Department of Electric Utilities, <br> Refunding RB, 4.25%, 10/01/48<br>| 5000 | &nbsp;&nbsp; 4851368 |
| &nbsp;&nbsp;&nbsp; City of Tampa Florida, RB, CAB, Series A, 0.00%, <br> 09/01/40<sup>(c)</sup><br>| 2290 | &nbsp;&nbsp; 1215988 |
| &nbsp;&nbsp;&nbsp; Collier County Health Facilities Authority, RB, 4.00%, <br> 05/01/52<br>| 2115 | &nbsp;&nbsp; 1768604 |
| &nbsp;&nbsp;&nbsp; County of Broward Florida Airport System Revenue, <br> ARB, Series A, AMT, 5.00%, 10/01/44<br>| 545 | &nbsp;&nbsp; 556608 |
| &nbsp;&nbsp;&nbsp; County of Broward Florida Tourist Development Tax <br> Revenue, Refunding RB, Convertible, 4.00%, <br> 09/01/51<br>| 3300 | &nbsp;&nbsp; 2896577 |
| &nbsp;&nbsp;&nbsp; County of Broward Florida Water & Sewer Utility <br> Revenue, RB, Series A, 4.00%, 10/01/45<br>| 210 | &nbsp;&nbsp; 206038 |
| &nbsp;&nbsp;&nbsp; County of Lee Florida Airport Revenue, ARB, AMT, <br> 5.25%, 10/01/49<br>| 2950 | &nbsp;&nbsp; 3058364 |
| &nbsp;&nbsp;&nbsp; County of Miami-Dade Florida Aviation Revenue, <br> Refunding ARB, Series A, AMT, 5.50%, 10/01/55<br>| 10825 | &nbsp;&nbsp; 11365659 |
| &nbsp;&nbsp;&nbsp; County of Miami-Dade Florida Aviation Revenue, <br> Refunding RB, Series B, AMT, 5.00%, 10/01/40<br>| 6430 | &nbsp;&nbsp; 6507281 |
| &nbsp;&nbsp;&nbsp; County of Miami-Dade Florida Water & Sewer System <br> Revenue, RB, Series A, 5.00%, 10/01/55<br>| 3740 | &nbsp;&nbsp; 3858656 |
| &nbsp;&nbsp;&nbsp; County of Miami-Dade Seaport Department, Refunding <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 10/01/38 | 1800 | &nbsp;&nbsp; 1909904 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.25%, 10/01/52 | 5980 | &nbsp;&nbsp; 6081811 |
| &nbsp;&nbsp;&nbsp; Series B-2, AMT, Subordinate, 4.00%, 10/01/50 | 3500 | &nbsp;&nbsp; 3042497 |
| County of Pasco Florida, RB |  |  |
| &nbsp;&nbsp;&nbsp; (AGM), 5.00%, 09/01/48 | 9915 | &nbsp;&nbsp; 10100618 |
| &nbsp;&nbsp;&nbsp; (AGM), 5.75%, 09/01/54 | 1825 | &nbsp;&nbsp; 1958541 |
| &nbsp;&nbsp;&nbsp; East Central Regional Wastewater Treatment Facilities <br> Operation Board, Refunding RB, 5.00%, 10/01/44<br>| 13925 | &nbsp;&nbsp; 14133512 |
| Florida Development Finance Corp., RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/15/56 | 105 | &nbsp;&nbsp; 96838 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 05/01/29<sup>(b)</sup> | 1500 | &nbsp;&nbsp; 1511257 |
| Florida Development Finance Corp., Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, (PSF), 5.00%, 07/01/44 | 3560 | &nbsp;&nbsp; 3464097 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniYield Quality Fund III, Inc. (MYI)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Florida (continued)** | **Florida (continued)** |  |
| &nbsp;&nbsp;&nbsp; Florida Development Finance Corp., Refunding <br> RB (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; AMT, (PSF), 5.25%, 07/01/47 | 800 | &nbsp;&nbsp; $799445 |
| Florida Housing Finance Corp., RB, S/F Housing |  |  |
| &nbsp;&nbsp;&nbsp; Series 5, (BAM), 5.00%, 07/01/50 | 2585 | &nbsp;&nbsp; 2617095 |
| &nbsp;&nbsp;&nbsp; Series 5, (PSF), 5.05%, 01/01/56 | 1665 | &nbsp;&nbsp; 1684084 |
| &nbsp;&nbsp;&nbsp; Greater Orlando Aviation Authority, ARB, Series A, <br> AMT, 5.00%, 10/01/34<br>| 5060 | &nbsp;&nbsp; 5328897 |
| &nbsp;&nbsp;&nbsp; Hillsborough County Industrial Development Authority, <br> Refunding RB, Series C, 4.13%, 11/15/51<br>| 2950 | &nbsp;&nbsp; 2696700 |
| &nbsp;&nbsp;&nbsp; Kindred Community Development District II, SAB, <br> 5.88%, 05/01/54<br>| 500 | &nbsp;&nbsp; 513681 |
| Lakewood Ranch Stewardship District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 05/01/27 | 100 | &nbsp;&nbsp; 100560 |
| &nbsp;&nbsp;&nbsp; 5.25%, 05/01/37 | 470 | &nbsp;&nbsp; 475055 |
| &nbsp;&nbsp;&nbsp; 5.38%, 05/01/47 | 770 | &nbsp;&nbsp; 772150 |
| &nbsp;&nbsp;&nbsp; 6.30%, 05/01/54 | 1323 | &nbsp;&nbsp; 1395028 |
| Lee County Industrial Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series B-2, 4.38%, 11/15/29 | 1020 | &nbsp;&nbsp; 1022909 |
| &nbsp;&nbsp;&nbsp; Series B-3, 4.13%, 11/15/29 | 1060 | &nbsp;&nbsp; 1061063 |
| &nbsp;&nbsp;&nbsp; Miami-Dade County Educational Facilities Authority, <br> RB, Series C, 5.25%, 11/15/49<br>| 920 | &nbsp;&nbsp; 971147 |
| &nbsp;&nbsp;&nbsp; Miami-Dade County Expressway Authority, Refunding <br> RB, Series A, (FHLMC, FNMA, GNMA), 5.00%, <br> 07/01/35<br>| 8900 | &nbsp;&nbsp; 8908359 |
| Orange County Health Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 10/01/52 | 2000 | &nbsp;&nbsp; 1720493 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 10/01/53 | 1495 | &nbsp;&nbsp; 1525363 |
| &nbsp;&nbsp;&nbsp; Orange County Health Facilities Authority, Refunding <br> RB, Series A, 5.25%, 10/01/56<br>| 1925 | &nbsp;&nbsp; 1999113 |
| &nbsp;&nbsp;&nbsp; Parker Road Community Development District, <br> Refunding SAB, 3.88%, 05/01/40<br>| 900 | &nbsp;&nbsp; 801402 |
| &nbsp;&nbsp;&nbsp; Sarasota County Health Facilities Authority, RB, 5.00%, <br> 05/15/48<br>| 605 | &nbsp;&nbsp; 592259 |
| Seminole Improvement District, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/01/32 | 230 | &nbsp;&nbsp; 236750 |
| &nbsp;&nbsp;&nbsp; 5.30%, 10/01/37 | 260 | &nbsp;&nbsp; 270165 |
| &nbsp;&nbsp;&nbsp; University of Florida Department of Housing & <br> Residence Education Hsg Sys Rev, RB, Series A, <br> (PSF), 3.00%, 07/01/51<br>| 1000 | &nbsp;&nbsp; 711824 |
| &nbsp;&nbsp;&nbsp; Viera Stewardship District, SAB, Series 2023, 5.50%, <br> 05/01/54<br>| 790 | &nbsp;&nbsp; 791800 |
| &nbsp;&nbsp;&nbsp; Village Community Development District No. 14, SAB, <br> 5.50%, 05/01/53<br>| 1605 | &nbsp;&nbsp; 1627661 |
| &nbsp;&nbsp;&nbsp; Village Community Development District No. 15, SAB, <br> 5.25%, 05/01/54<sup>(b)</sup><br>| 700 | &nbsp;&nbsp; 695894 |
| &nbsp;&nbsp;&nbsp; Westside Community Development District, Refunding <br> SAB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.10%, 05/01/37 | 640 | &nbsp;&nbsp; 623889 |
| &nbsp;&nbsp;&nbsp; 4.13%, 05/01/38 | 630 | &nbsp;&nbsp; 608725 |
|  |  | &nbsp;&nbsp; 135474106 |
| **Georgia — 2.5%** | **Georgia — 2.5%** |  |
| &nbsp;&nbsp;&nbsp; County of DeKalb Georgia Water & Sewerage <br> Revenue, Refunding RB, 5.00%, 10/01/48<br>| 1145 | &nbsp;&nbsp; 1193331 |
| &nbsp;&nbsp;&nbsp; DeKalb County Housing Authority, Refunding RB, <br> 4.13%, 12/01/34<br>| 1820 | &nbsp;&nbsp; 1813966 |
| &nbsp;&nbsp;&nbsp; East Point Business & Industrial Development <br> Authority, RB, Series A, 5.25%, 06/15/62<sup>(b)(e)(f)</sup><br>| 1005 | &nbsp;&nbsp; 603000 |
| &nbsp;&nbsp;&nbsp; Gainesville & Hall County Hospital Authority, RB, <br> Series A, 4.00%, 02/15/51<br>| 530 | &nbsp;&nbsp; 460294 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Georgia (continued)** | **Georgia (continued)** |  |
| &nbsp;&nbsp;&nbsp; Georgia Housing & Finance Authority, RB, S/F <br> Housing, Series G, (GTD), 4.90%, 12/01/50<br>| 4350 | &nbsp;&nbsp; $4391048 |
| Main Street Natural Gas, Inc., RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 05/15/37 | 1500 | &nbsp;&nbsp; 1619819 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/53<sup>(a)</sup> | 10510 | &nbsp;&nbsp; 11040665 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 07/01/53<sup>(a)</sup> | 2915 | &nbsp;&nbsp; 3081699 |
| &nbsp;&nbsp;&nbsp; Series C, 5.00%, 09/01/53<sup>(a)</sup> | 2445 | &nbsp;&nbsp; 2589073 |
| Main Street Natural Gas, Inc., Refunding RB<sup>(a)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series E-1, 5.00%, 12/01/53 | 3000 | &nbsp;&nbsp; 3199853 |
| &nbsp;&nbsp;&nbsp; Series E-2, 4.14%, 12/01/53 | 5565 | &nbsp;&nbsp; 5716508 |
|  |  | &nbsp;&nbsp; 35709256 |
| **Idaho — 0.7%** | **Idaho — 0.7%** |  |
| &nbsp;&nbsp;&nbsp; Idaho Health Facilities Authority, Refunding RB, <br> Series A, 4.38%, 03/01/53<br>| 1360 | &nbsp;&nbsp; 1287835 |
| &nbsp;&nbsp;&nbsp; Idaho Housing & Finance Association, RB, Series A, <br> 5.25%, 08/15/48<br>| 8410 | &nbsp;&nbsp; 8929796 |
|  |  | &nbsp;&nbsp; 10217631 |
| **Illinois — 10.6%** | **Illinois — 10.6%** |  |
| Chicago Board of Education, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 12/01/40 | 1000 | &nbsp;&nbsp; 988419 |
| &nbsp;&nbsp;&nbsp; Series A, 5.75%, 12/01/50 | 3000 | &nbsp;&nbsp; 2976533 |
| &nbsp;&nbsp;&nbsp; Series A, 6.25%, 12/01/50 | 3320 | &nbsp;&nbsp; 3485777 |
| &nbsp;&nbsp;&nbsp; Series C, 5.25%, 12/01/35 | 1440 | &nbsp;&nbsp; 1434093 |
| &nbsp;&nbsp;&nbsp; Series D, 5.00%, 12/01/46 | 5485 | &nbsp;&nbsp; 5046436 |
| Chicago Board of Education, Refunding GO |  |  |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 12/01/36 | 1300 | &nbsp;&nbsp; 1312245 |
| &nbsp;&nbsp;&nbsp; Series B, 6.00%, 12/01/43 | 2275 | &nbsp;&nbsp; 2426541 |
| &nbsp;&nbsp;&nbsp; Series G, 5.00%, 12/01/34 | 1315 | &nbsp;&nbsp; 1317734 |
| Chicago O'Hare International Airport, ARB |  |  |
| &nbsp;&nbsp;&nbsp; Class A, AMT, Senior Lien, 4.50%, 01/01/48 | 7000 | &nbsp;&nbsp; 6735018 |
| &nbsp;&nbsp;&nbsp; Class A, AMT, Senior Lien, (BAM), 5.50%, 01/01/53 | 6900 | &nbsp;&nbsp; 7109408 |
| &nbsp;&nbsp;&nbsp; Series E, AMT, Senior Lien, 5.50%, 01/01/60 | 11020 | &nbsp;&nbsp; 11407134 |
| &nbsp;&nbsp;&nbsp; Series A, Senior Lien, 5.25%, 01/01/61 | 6530 | &nbsp;&nbsp; 6762774 |
| &nbsp;&nbsp;&nbsp; Series B, Senior Lien, 4.50%, 01/01/56 | 2420 | &nbsp;&nbsp; 2296630 |
| Chicago O'Hare International Airport, Refunding ARB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, Senior Lien, 5.00%, 01/01/48 | 4250 | &nbsp;&nbsp; 4215247 |
| &nbsp;&nbsp;&nbsp; Series B, Senior Lien, 5.50%, 01/01/59 | 3990 | &nbsp;&nbsp; 4207778 |
| &nbsp;&nbsp;&nbsp; Chicago Transit Authority Sales Tax Receipts Fund, <br> RB, 2nd Lien, (SAP), 5.00%, 12/01/46<br>| 4565 | &nbsp;&nbsp; 4582573 |
| Illinois Finance Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series C, 4.00%, 02/15/27<sup>(g)</sup> | 1585 | &nbsp;&nbsp; 1600336 |
| &nbsp;&nbsp;&nbsp; Series C, 4.00%, 02/15/41 | 15 | &nbsp;&nbsp; 14734 |
| &nbsp;&nbsp;&nbsp; Illinois Housing Development Authority, RB, S/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series G, Sustainability Bonds, (PSF), 4.85%, <br> 10/01/42<br>| 985 | &nbsp;&nbsp; 1024412 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series N, Sustainability Bonds, (PSF), 6.25%, <br> 04/01/54<br>| 2985 | &nbsp;&nbsp; 3240432 |
| Illinois State Toll Highway Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/45 | 1000 | &nbsp;&nbsp; 1041624 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 01/01/46 | 1105 | &nbsp;&nbsp; 1043266 |
| Metropolitan Pier & Exposition Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/15/57 | 870 | &nbsp;&nbsp; 858827 |
| &nbsp;&nbsp;&nbsp; Series A, (BAM), 0.00%, 12/15/33<sup>(c)</sup> | 20000 | &nbsp;&nbsp; 15293150 |
| &nbsp;&nbsp;&nbsp; Series A, (FNMA, GNMA), 0.00%, 12/15/34<sup>(c)</sup> | 41880 | &nbsp;&nbsp; 30695917 |
| &nbsp;&nbsp;&nbsp; Metropolitan Pier & Exposition Authority, RB, CAB, <br> (BAM), 0.00%, 12/15/56<sup>(c)</sup><br>| 8755 | &nbsp;&nbsp; 1888473 |
| &nbsp;&nbsp;&nbsp; Metropolitan Pier & Exposition Authority, Refunding <br> RB<sup>(c)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, (FNMA), 0.00%, 06/15/44 | 14605 | &nbsp;&nbsp; 6579900 |
| &nbsp;&nbsp;&nbsp; Series B, (BAM), 0.00%, 06/15/47 | 8000 | &nbsp;&nbsp; 2935945 |

---

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniYield Quality Fund III, Inc. (MYI)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Illinois (continued)** | **Illinois (continued)** |  |
| State of Illinois, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series B, 5.25%, 05/01/43 | 2140 | &nbsp;&nbsp; $2257823 |
| &nbsp;&nbsp;&nbsp; Series C, 5.50%, 04/01/51 | 6800 | &nbsp;&nbsp; 7110325 |
| &nbsp;&nbsp;&nbsp; Series D, 5.00%, 11/01/27 | 6965 | &nbsp;&nbsp; 7182825 |
| &nbsp;&nbsp;&nbsp; Series E, 5.00%, 09/01/43 | 3245 | &nbsp;&nbsp; 3416393 |
|  |  | &nbsp;&nbsp; 152488722 |
| **Indiana — 1.0%** | **Indiana — 1.0%** |  |
| &nbsp;&nbsp;&nbsp; Avon Community School Building Corp., RB, (ST <br> INTERCEPT), 5.50%, 01/15/43<br>| 1500 | &nbsp;&nbsp; 1648736 |
| &nbsp;&nbsp;&nbsp; Indiana Finance Authority, RB, Series A, 1st Lien, <br> Sustainability Bonds, 4.00%, 10/01/51<br>| 2025 | &nbsp;&nbsp; 1833375 |
| Indiana Finance Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Class A, 5.50%, 10/01/50 | 2180 | &nbsp;&nbsp; 2309878 |
| &nbsp;&nbsp;&nbsp; Series C, 5.25%, 10/01/46 | 3910 | &nbsp;&nbsp; 4182184 |
| &nbsp;&nbsp;&nbsp; Series C, 5.25%, 10/01/47 | 1350 | &nbsp;&nbsp; 1434906 |
| &nbsp;&nbsp;&nbsp; Indianapolis Local Public Improvement Bond Bank, <br> Refunding ARB, Series B1, 5.25%, 01/01/55<br>| 3315 | &nbsp;&nbsp; 3442903 |
|  |  | &nbsp;&nbsp; 14851982 |
| **Iowa — 0.1%** | **Iowa — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Iowa Finance Authority, Refunding RB, Series A, <br> 5.13%, 05/15/59<br>| 850 | &nbsp;&nbsp; 797723 |
| **Kansas — 0.5%** | **Kansas — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; City of Lenexa Kansas, Refunding RB, Series A, <br> 5.00%, 05/15/43<br>| 1530 | &nbsp;&nbsp; 1531963 |
| &nbsp;&nbsp;&nbsp; Ellis County Unified School District No. 489 Hays, <br> Refunding GO, Series B, (NPFGC-IBC), 4.00%, <br> 09/01/52<br>| 260 | &nbsp;&nbsp; 232019 |
| &nbsp;&nbsp;&nbsp; Kansas Development Finance Authority, RB, Series A, <br> 4.13%, 05/01/41<br>| 3610 | &nbsp;&nbsp; 3645648 |
| &nbsp;&nbsp;&nbsp; University of Kansas Hospital Authority, Refunding RB, <br> 5.50%, 03/01/54<br>| 1830 | &nbsp;&nbsp; 1951467 |
|  |  | &nbsp;&nbsp; 7361097 |
| **Kentucky — 2.3%** | **Kentucky — 2.3%** |  |
| &nbsp;&nbsp;&nbsp; City of Henderson Kentucky, RB, Series A, AMT, <br> 4.70%, 01/01/52<sup>(b)</sup><br>| 475 | &nbsp;&nbsp; 440553 |
| Kentucky Public Energy Authority, Refunding RB<sup>(a)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, 5.25%, 04/01/54 | 11055 | &nbsp;&nbsp; 11792356 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 01/01/55 | 8285 | &nbsp;&nbsp; 8781960 |
| &nbsp;&nbsp;&nbsp; Kentucky Public Transportation Infrastructure Authority, <br> RB, CAB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Convertible, 6.60%, 07/01/39 | 8225 | &nbsp;&nbsp; 9334346 |
| &nbsp;&nbsp;&nbsp; Convertible, 6.75%, 07/01/43 | 1200 | &nbsp;&nbsp; 1347760 |
| University of Kentucky, RB, Class A, 5.00%, 04/01/55 | 1610 | &nbsp;&nbsp; 1637751 |
|  |  | &nbsp;&nbsp; 33334726 |
| **Louisiana — 0.6%** | **Louisiana — 0.6%** |  |
| Louisiana Public Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.75%, 09/01/64 | 2075 | &nbsp;&nbsp; 2131680 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 09/01/66 | 3070 | &nbsp;&nbsp; 2937529 |
| &nbsp;&nbsp;&nbsp; Louisiana Public Facilities Authority, Refunding RB, <br> Series A, 4.00%, 12/15/27<sup>(g)</sup><br>| 60 | &nbsp;&nbsp; 61195 |
| &nbsp;&nbsp;&nbsp; Parish of East Baton Rouge Capital Improvements <br> District, RB, 5.00%, 08/01/46<br>| 2630 | &nbsp;&nbsp; 2788433 |
| &nbsp;&nbsp;&nbsp; Port New Orleans Board of Commissioners, ARB, <br> Series E, AMT, 5.00%, 04/01/44<br>| 1345 | &nbsp;&nbsp; 1365929 |
|  |  | &nbsp;&nbsp; 9284766 |
| **Maryland — 0.5%** | **Maryland — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; City of Baltimore Maryland, Refunding RB, Series A, <br> 4.50%, 09/01/33<br>| 545 | &nbsp;&nbsp; 547457 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Maryland (continued)** | **Maryland (continued)** |  |
| &nbsp;&nbsp;&nbsp; Maryland Economic Development Corp., RB, Class B, <br> AMT, Sustainability Bonds, 5.25%, 06/30/55<br>| 4165 | &nbsp;&nbsp; $4145058 |
| &nbsp;&nbsp;&nbsp; Maryland Health & Higher Educational Facilities <br> Authority, Refunding RB, 5.25%, 07/01/50<br>| 2000 | &nbsp;&nbsp; 2072363 |
| Maryland Stadium Authority, RB, 5.00%, 06/01/54 | 1050 | &nbsp;&nbsp; 1083096 |
|  |  | &nbsp;&nbsp; 7847974 |
| **Massachusetts — 1.5%** | **Massachusetts — 1.5%** |  |
| &nbsp;&nbsp;&nbsp; Commonwealth of Massachusetts Transportation Fund <br> Revenue, RB, Series B, 5.00%, 06/01/52<br>| 1335 | &nbsp;&nbsp; 1372226 |
| Commonwealth of Massachusetts, GOL |  |  |
| &nbsp;&nbsp;&nbsp; Series D, 5.00%, 10/01/50 | 6285 | &nbsp;&nbsp; 6538214 |
| &nbsp;&nbsp;&nbsp; Series E, 5.00%, 11/01/49 | 3790 | &nbsp;&nbsp; 3936105 |
| &nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency, RB, <br> Series A, 5.00%, 01/01/47<br>| 4920 | &nbsp;&nbsp; 4919869 |
| &nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 10/01/42<sup>(b)</sup> | 470 | &nbsp;&nbsp; 444387 |
| &nbsp;&nbsp;&nbsp; 5.50%, 07/01/55 | 3435 | &nbsp;&nbsp; 3641464 |
| &nbsp;&nbsp;&nbsp; Massachusetts Housing Finance Agency, Refunding <br> RB, Series A, AMT, 4.45%, 12/01/42<br>| 350 | &nbsp;&nbsp; 346933 |
| &nbsp;&nbsp;&nbsp; Massachusetts Port Authority, ARB, Series E, AMT, <br> 5.00%, 07/01/46<br>| 1110 | &nbsp;&nbsp; 1136807 |
|  |  | &nbsp;&nbsp; 22336005 |
| **Michigan — 3.4%** | **Michigan — 3.4%** |  |
| &nbsp;&nbsp;&nbsp; Great Lakes Water Authority Water Supply System <br> Revenue, RB, Series D, 2nd Lien, 5.50%, 07/01/55<br>| 11740 | &nbsp;&nbsp; 12459562 |
| &nbsp;&nbsp;&nbsp; Michigan Finance Authority, RB, Sustainability Bonds, <br> 5.50%, 02/28/57<br>| 7065 | &nbsp;&nbsp; 7260737 |
| Michigan Finance Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/01/46 | 1200 | &nbsp;&nbsp; 1038659 |
| &nbsp;&nbsp;&nbsp; 4.00%, 11/15/46 | 2640 | &nbsp;&nbsp; 2363212 |
| &nbsp;&nbsp;&nbsp; Michigan State Housing Development Authority, RB, <br> M/F Housing, Series A, 5.00%, 10/01/48<br>| 8405 | &nbsp;&nbsp; 8600295 |
| &nbsp;&nbsp;&nbsp; Michigan State Housing Development Authority, RB, <br> S/F Housing, Series D, Sustainability Bonds, 5.50%, <br> 06/01/53<br>| 3760 | &nbsp;&nbsp; 3960094 |
| Michigan Strategic Fund, RB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 12/31/43 | 2845 | &nbsp;&nbsp; 2868286 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 06/30/48 | 10080 | &nbsp;&nbsp; 9970935 |
|  |  | &nbsp;&nbsp; 48521780 |
| **Minnesota — 0.6%** | **Minnesota — 0.6%** |  |
| &nbsp;&nbsp;&nbsp; Duluth Economic Development Authority, Refunding <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.25%, 02/15/48 | 1995 | &nbsp;&nbsp; 1792883 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 02/15/58 | 1480 | &nbsp;&nbsp; 1483242 |
| &nbsp;&nbsp;&nbsp; Housing & Redevelopment Authority of The City of St. <br> Paul Minnesota, RB, Series A, 5.50%, 07/01/52<sup>(b)</sup><br>| 695 | &nbsp;&nbsp; 656165 |
| Minnesota Housing Finance Agency, RB, S/F Housing |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series M, Sustainability Bonds, (AGM), 5.10%, <br> 07/01/42<br>| 2760 | &nbsp;&nbsp; 2931357 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series M, Sustainability Bonds, (GNMA), 6.00%, <br> 01/01/53<br>| 2310 | &nbsp;&nbsp; 2451693 |
|  |  | &nbsp;&nbsp; 9315340 |
| **Missouri — 1.5%** | **Missouri — 1.5%** |  |
| &nbsp;&nbsp;&nbsp; Health & Educational Facilities Authority of the State of <br> Missouri, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 04/01/45 | 7465 | &nbsp;&nbsp; 7044302 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 02/15/49 | 2630 | &nbsp;&nbsp; 2283647 |
| &nbsp;&nbsp;&nbsp; Series A, 4.25%, 04/01/55 | 4390 | &nbsp;&nbsp; 4137642 |
| &nbsp;&nbsp;&nbsp; Series A, Class P, 5.25%, 02/01/54 | 665 | &nbsp;&nbsp; 665603 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniYield Quality Fund III, Inc. (MYI)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Missouri (continued)** | **Missouri (continued)** |  |
| Kansas City Industrial Development Authority, ARB |  |  |
| &nbsp;&nbsp;&nbsp; Class B, AMT, (NPFGC), 5.00%, 03/01/49 | 640 | &nbsp;&nbsp; $644734 |
| &nbsp;&nbsp;&nbsp; Class B, AMT, (AGM), 5.00%, 03/01/55 | 640 | &nbsp;&nbsp; 641768 |
| &nbsp;&nbsp;&nbsp; Missouri Housing Development Commission, RB, S/F <br> Housing, Series C, (PSF), 4.70%, 11/01/54<br>| 5870 | &nbsp;&nbsp; 5884319 |
|  |  | &nbsp;&nbsp; 21302015 |
| **Montana — 0.0%** | **Montana — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Montana Board of Housing, RB, S/F Housing, <br> Series B-2, 3.60%, 12/01/47<br>| 295 | &nbsp;&nbsp; 262142 |
| **Nebraska — 0.2%** | **Nebraska — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Nebraska Investment Finance Authority, RB, S/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series E, Sustainability Bonds, (AGM), 4.70%, <br> 09/01/49<br>| 1000 | &nbsp;&nbsp; 992364 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series G, Sustainability Bonds, (NPFGC), 4.70%, <br> 09/01/51<br>| 1450 | &nbsp;&nbsp; 1446982 |
|  |  | &nbsp;&nbsp; 2439346 |
| **Nevada — 0.3%** | **Nevada — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; City of Las Vegas Nevada Special Improvement District <br> No. 814, SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 06/01/39 | 360 | &nbsp;&nbsp; 345886 |
| &nbsp;&nbsp;&nbsp; 4.00%, 06/01/44 | 960 | &nbsp;&nbsp; 875462 |
| &nbsp;&nbsp;&nbsp; Las Vegas Valley Water District, GOL, Series A, 5.25%, <br> 06/01/55<br>| 1405 | &nbsp;&nbsp; 1485928 |
| Tahoe-Douglas Visitors Authority, RB, 5.00%, 07/01/51 | 1610 | &nbsp;&nbsp; 1593231 |
|  |  | &nbsp;&nbsp; 4300507 |
| **New Hampshire — 2.3%** | **New Hampshire — 2.3%** |  |
| &nbsp;&nbsp;&nbsp; New Hampshire Business Finance Authority, RB, <br> Series A, Sustainability Bonds, 5.50%, 06/01/55<br>| 12955 | &nbsp;&nbsp; 13402542 |
| &nbsp;&nbsp;&nbsp; New Hampshire Business Finance Authority, RB, M/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; 1st Series, Class B, 5.75%, 04/28/42 | 3395 | &nbsp;&nbsp; 3490700 |
| &nbsp;&nbsp;&nbsp; 1st Series, Subordinate, 5.13%, 01/28/43<sup>(a)</sup> | 1840 | &nbsp;&nbsp; 1853192 |
| &nbsp;&nbsp;&nbsp; Series 2025, Subordinate, 5.15%, 09/28/37 | 5250 | &nbsp;&nbsp; 5241094 |
| &nbsp;&nbsp;&nbsp; Class A-1, Sustainability Bonds, 0.00%, 11/20/42<sup>(a)</sup> | 7194 | &nbsp;&nbsp; 7010097 |
| &nbsp;&nbsp;&nbsp; Series 2, Sustainability Bonds, 4.25%, 07/20/41 | 1996 | &nbsp;&nbsp; 1991023 |
|  |  | &nbsp;&nbsp; 32988648 |
| **New Jersey — 6.9%** | **New Jersey — 6.9%** |  |
| &nbsp;&nbsp;&nbsp; Garden State Preservation Trust, RB, Series A, (AGM), <br> 5.75%, 11/01/28<br>| 6340 | &nbsp;&nbsp; 6635014 |
| &nbsp;&nbsp;&nbsp; New Jersey Economic Development Authority, ARB, <br> Series A, AMT, 5.63%, 11/15/30<br>| 1530 | &nbsp;&nbsp; 1532244 |
| New Jersey Economic Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Class A, 5.25%, 11/01/47 | 1740 | &nbsp;&nbsp; 1833075 |
| &nbsp;&nbsp;&nbsp; Series EEE, 5.00%, 06/15/48 | 3815 | &nbsp;&nbsp; 3878324 |
| &nbsp;&nbsp;&nbsp; AMT, 5.13%, 01/01/34 | 2980 | &nbsp;&nbsp; 2985200 |
| &nbsp;&nbsp;&nbsp; AMT, 5.38%, 01/01/43 | 14920 | &nbsp;&nbsp; 14936730 |
| &nbsp;&nbsp;&nbsp; New Jersey Economic Development Authority, <br> Refunding RB, Series N-1, (NPFGC), 5.50%, <br> 09/01/28<br>| 1685 | &nbsp;&nbsp; 1792086 |
| &nbsp;&nbsp;&nbsp; New Jersey Economic Development Authority, <br> Refunding SAB, 5.75%, 04/01/31<br>| 2240 | &nbsp;&nbsp; 2251317 |
| &nbsp;&nbsp;&nbsp; New Jersey Higher Education Student Assistance <br> Authority, Refunding RB, Series 1-B, AMT, 4.50%, <br> 12/01/45<br>| 305 | &nbsp;&nbsp; 308077 |
| &nbsp;&nbsp;&nbsp; New Jersey Housing & Mortgage Finance Agency, RB, <br> S/F Housing, Series M, Sustainability Bonds, 5.10%, <br> 10/01/50<br>| 6220 | &nbsp;&nbsp; 6345632 |
| New Jersey Transportation Trust Fund Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series AA, 5.25%, 06/15/41 | 780 | &nbsp;&nbsp; 780749 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **New Jersey (continued)** | **New Jersey (continued)** |  |
| &nbsp;&nbsp;&nbsp; New Jersey Transportation Trust Fund Authority, <br> RB (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series AA, 5.00%, 06/15/50 | 1765 | &nbsp;&nbsp; $1831705 |
| &nbsp;&nbsp;&nbsp; Series BB, 5.00%, 06/15/46 | 7310 | &nbsp;&nbsp; 7672166 |
| &nbsp;&nbsp;&nbsp; New Jersey Transportation Trust Fund Authority, RB, <br> CAB<sup>(c)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 0.00%, 12/15/35 | 10000 | &nbsp;&nbsp; 7146905 |
| &nbsp;&nbsp;&nbsp; Series A, 0.00%, 12/15/38 | 7260 | &nbsp;&nbsp; 4520966 |
| &nbsp;&nbsp;&nbsp; New Jersey Transportation Trust Fund Authority, <br> Refunding RB, Series A, 4.25%, 06/15/40<br>| 14170 | &nbsp;&nbsp; 14281178 |
| &nbsp;&nbsp;&nbsp; New Jersey Turnpike Authority, RB, Series A, 5.25%, <br> 01/01/55<br>| 6605 | &nbsp;&nbsp; 7051037 |
| Tobacco Settlement Financing Corp., Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/46 | 3565 | &nbsp;&nbsp; 3531859 |
| &nbsp;&nbsp;&nbsp; Sub-Series B, 5.00%, 06/01/46 | 10330 | &nbsp;&nbsp; 10042581 |
|  |  | &nbsp;&nbsp; 99356845 |
| **New Mexico — 0.0%** | **New Mexico — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; City of Santa Fe New Mexico, RB, Series A, 5.00%, <br> 05/15/44<br>| 425 | &nbsp;&nbsp; 421316 |
| **New York — 12.0%** | **New York — 12.0%** |  |
| &nbsp;&nbsp;&nbsp; Build NYC Resource Corp., Refunding RB, AMT, <br> 5.00%, 01/01/35<sup>(b)</sup><br>| 1970 | &nbsp;&nbsp; 1972687 |
| City of New York, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series D, 4.00%, 04/01/50 | 2525 | &nbsp;&nbsp; 2310043 |
| &nbsp;&nbsp;&nbsp; Series G-1, 5.25%, 02/01/53 | 1230 | &nbsp;&nbsp; 1285325 |
| &nbsp;&nbsp;&nbsp; Erie Tobacco Asset Securitization Corp., Refunding <br> RB, Series A, 5.00%, 06/01/45<br>| 6395 | &nbsp;&nbsp; 5198039 |
| Metropolitan Transportation Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, Sustainability Bonds, 5.25%, 11/15/57 | 3050 | &nbsp;&nbsp; 3058305 |
| &nbsp;&nbsp;&nbsp; Series C-1, Sustainability Bonds, 5.00%, 11/15/50 | 515 | &nbsp;&nbsp; 519655 |
| &nbsp;&nbsp;&nbsp; Series C-1, Sustainability Bonds, 5.25%, 11/15/55 | 760 | &nbsp;&nbsp; 771491 |
| &nbsp;&nbsp;&nbsp; New York City Housing Development Corp., RB, M/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, Sustainability Bonds, 5.00%, 11/01/60 | 4120 | &nbsp;&nbsp; 4153501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series D, Sustainability Bonds, (FHLMC), 5.00%, <br> 05/01/56<br>| 12555 | &nbsp;&nbsp; 12598738 |
| &nbsp;&nbsp;&nbsp; New York City Municipal Water Finance Authority, RB, <br> Series BB, 5.25%, 06/15/55<br>| 2175 | &nbsp;&nbsp; 2290923 |
| &nbsp;&nbsp;&nbsp; New York City Municipal Water Finance Authority, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series DD, 4.13%, 06/15/46 | 370 | &nbsp;&nbsp; 359377 |
| &nbsp;&nbsp;&nbsp; Series DD, 4.13%, 06/15/47 | 3310 | &nbsp;&nbsp; 3172964 |
| &nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future <br> Tax Secured Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, Subordinate, 5.25%, 05/01/52 | 2280 | &nbsp;&nbsp; 2394948 |
| &nbsp;&nbsp;&nbsp; Series C-1, Subordinate, 4.00%, 02/01/43 | 20 | &nbsp;&nbsp; 19464 |
| &nbsp;&nbsp;&nbsp; Series E, Subordinate, 5.00%, 11/01/53 | 725 | &nbsp;&nbsp; 742624 |
| &nbsp;&nbsp;&nbsp; Series F-1, Subordinate, 4.00%, 02/01/51 | 3200 | &nbsp;&nbsp; 2922844 |
| &nbsp;&nbsp;&nbsp; Series H-1, Subordinate, 5.00%, 11/01/50 | 1370 | &nbsp;&nbsp; 1411356 |
| New York Counties Tobacco Trust IV, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/38 | 5325 | &nbsp;&nbsp; 4943466 |
| &nbsp;&nbsp;&nbsp; Series A, 6.25%, 06/01/41<sup>(b)</sup> | 4715 | &nbsp;&nbsp; 4629900 |
| New York Liberty Development Corp., Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 3.13%, 09/15/50 | 315 | &nbsp;&nbsp; 235717 |
| &nbsp;&nbsp;&nbsp; Class 2, 5.38%, 11/15/40<sup>(b)</sup> | 1995 | &nbsp;&nbsp; 1996301 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, (BAM), 3.00%, <br> 11/15/51<br>| 9800 | &nbsp;&nbsp; 7138102 |
| &nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, 3.00%, 11/15/51 | 415 | &nbsp;&nbsp; 303414 |
| New York State Dormitory Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Class A, 5.25%, 05/01/54 | 2150 | &nbsp;&nbsp; 2223556 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 03/15/54 | 4050 | &nbsp;&nbsp; 3636603 |

---

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniYield Quality Fund III, Inc. (MYI)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **New York (continued)** | **New York (continued)** |  |
| &nbsp;&nbsp;&nbsp; New York State Thruway Authority, RB, Sustainability <br> Bonds, 4.13%, 03/15/56<br>| 3325 | &nbsp;&nbsp; $3059310 |
| New York Transportation Development Corp., ARB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.63%, 04/01/40 | 2930 | &nbsp;&nbsp; 3102259 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.25%, 01/01/50 | 2360 | &nbsp;&nbsp; 2360165 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 6.00%, 06/30/55 | 8790 | &nbsp;&nbsp; 9300176 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 6.00%, 06/30/59 | 4940 | &nbsp;&nbsp; 5208956 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, (FHLMC, FNMA, <br> GNMA), 6.00%, 06/30/60<br>| 4395 | &nbsp;&nbsp; 4694596 |
| New York Transportation Development Corp., RB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 10/01/35 | 4180 | &nbsp;&nbsp; 4365435 |
| &nbsp;&nbsp;&nbsp; AMT, 4.00%, 04/30/53 | 1175 | &nbsp;&nbsp; 1019930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, (FHLMC, FNMA, <br> GNMA), 5.25%, 06/30/60<br>| 12830 | &nbsp;&nbsp; 12995061 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 5.38%, 06/30/60 | 9950 | &nbsp;&nbsp; 10102481 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 5.50%, 06/30/60 | 5070 | &nbsp;&nbsp; 5101576 |
| &nbsp;&nbsp;&nbsp; New York Transportation Development Corp., <br> Refunding RB, Series A, AMT, Sustainability Bonds, <br> (Q-SBLF), 5.25%, 12/31/54<br>| 6730 | &nbsp;&nbsp; 6809625 |
| &nbsp;&nbsp;&nbsp; Port Authority of New York & New Jersey, Refunding <br> RB, Series 226, AMT, 5.00%, 10/15/39<br>| 2500 | &nbsp;&nbsp; 2632684 |
| &nbsp;&nbsp;&nbsp; Triborough Bridge & Tunnel Authority Sales Tax <br> Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 05/15/48 | 13145 | &nbsp;&nbsp; 12110817 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 05/15/52 | 1725 | &nbsp;&nbsp; 1808513 |
| &nbsp;&nbsp;&nbsp; Series A, 4.13%, 05/15/53 | 2770 | &nbsp;&nbsp; 2562255 |
| Triborough Bridge & Tunnel Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Class A, 5.25%, 12/01/48 | 5125 | &nbsp;&nbsp; 5481144 |
| &nbsp;&nbsp;&nbsp; Series A-1, 4.00%, 11/15/54 | 1415 | &nbsp;&nbsp; 1264529 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series D-2, Senior Lien, Sustainability Bonds, <br> 5.50%, 05/15/52<br>| 6500 | &nbsp;&nbsp; 6902392 |
| &nbsp;&nbsp;&nbsp; Westchester Tobacco Asset Securitization Corp., <br> Refunding RB, Sub-Series C, 5.13%, 06/01/51<br>| 2740 | &nbsp;&nbsp; 2379410 |
|  |  | &nbsp;&nbsp; 173550657 |
| **North Carolina — 0.2%** | **North Carolina — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; North Carolina Medical Care Commission, RB, 5.25%, <br> 11/01/56<br>| 3015 | &nbsp;&nbsp; 3028772 |
| **North Dakota — 0.9%** | **North Dakota — 0.9%** |  |
| City of Grand Forks North Dakota, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, (AGM), 5.00%, 12/01/48 | 640 | &nbsp;&nbsp; 650877 |
| &nbsp;&nbsp;&nbsp; Series A, (HUD SEC 8), 5.00%, 12/01/53 | 1125 | &nbsp;&nbsp; 1138124 |
| &nbsp;&nbsp;&nbsp; North Dakota Housing Finance Agency, RB, S/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, 4.70%, 07/01/49 | 3030 | &nbsp;&nbsp; 3010069 |
| &nbsp;&nbsp;&nbsp; Series C, Sustainability Bonds, 4.75%, 07/01/49 | 8015 | &nbsp;&nbsp; 8019295 |
|  |  | &nbsp;&nbsp; 12818365 |
| **Ohio — 1.0%** | **Ohio — 1.0%** |  |
| &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; 720342 |
| &nbsp;&nbsp;&nbsp; Series B-2, Class 2, 5.00%, 06/01/55 | 11975 | &nbsp;&nbsp; 9497623 |
| &nbsp;&nbsp;&nbsp; County of Hamilton Ohio, RB, Series CC, 5.00%, <br> 11/15/49<br>| 530 | &nbsp;&nbsp; 577500 |
| &nbsp;&nbsp;&nbsp; State of Ohio, Refunding RB, Series A, (BAM-TCRS), <br> 4.00%, 01/15/50<br>| 4420 | &nbsp;&nbsp; 3903062 |
|  |  | &nbsp;&nbsp; 14698527 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Oklahoma — 0.7%** | **Oklahoma — 0.7%** |  |
| &nbsp;&nbsp;&nbsp; Oklahoma Development Finance Authority, RB, <br> Series B, 5.50%, 08/15/52<br>| $1625 | &nbsp;&nbsp; $1620434 |
| &nbsp;&nbsp;&nbsp; Oklahoma Municipal Power Authority, Refunding RB, <br> Series A, (BAM-TCRS), 5.25%, 01/01/56<br>| 3760 | &nbsp;&nbsp; 3975016 |
| Oklahoma Turnpike Authority, RB, 5.50%, 01/01/53 | 4070 | &nbsp;&nbsp; 4294453 |
|  |  | &nbsp;&nbsp; 9889903 |
| **Oregon — 0.4%** | **Oregon — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; Clackamas County School District No. 12 North <br> Clackamas, GO, CAB<sup>(c)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, (HUD SECT 8), 0.00%, 06/15/27<sup>(g)</sup> | 300 | &nbsp;&nbsp; 178115 |
| &nbsp;&nbsp;&nbsp; Series A, (AGM), 0.00%, 06/15/38 | 2500 | &nbsp;&nbsp; 1463052 |
| &nbsp;&nbsp;&nbsp; Port of Portland Oregon Airport Revenue, Refunding <br> ARB, series 29, AMT, Sustainability Bonds, 5.50%, <br> 07/01/53<br>| 3495 | &nbsp;&nbsp; 3655590 |
|  |  | &nbsp;&nbsp; 5296757 |
| **Pennsylvania — 9.5%** | **Pennsylvania — 9.5%** |  |
| Allegheny County Airport Authority, ARB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, (FNMA), 5.50%, 01/01/48 | 1020 | &nbsp;&nbsp; 1071405 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, (FNMA), 5.50%, 01/01/53 | 1330 | &nbsp;&nbsp; 1385161 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, (FNMA), 4.00%, 01/01/56 | 605 | &nbsp;&nbsp; 520733 |
| &nbsp;&nbsp;&nbsp; Allentown Neighborhood Improvement Zone <br> Development Authority, RB, 5.00%, 05/01/42<sup>(b)</sup><br>| 3965 | &nbsp;&nbsp; 4108506 |
| &nbsp;&nbsp;&nbsp; City of Philadelphia Pennsylvania Water & Wastewater <br> Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 10/01/47 | 3650 | &nbsp;&nbsp; 3688902 |
| &nbsp;&nbsp;&nbsp; Series C, (PSF), 5.25%, 09/01/54 | 7835 | &nbsp;&nbsp; 8241788 |
| &nbsp;&nbsp;&nbsp; City of Philadelphia Pennsylvania Water & Wastewater <br> Revenue, Refunding RB, Series B, (FHLMC, FNMA, <br> GNMA), 4.50%, 09/01/48<br>| 2785 | &nbsp;&nbsp; 2803716 |
| Geisinger Authority, Refunding RB, 4.00%, 04/01/50 | 5000 | &nbsp;&nbsp; 4370713 |
| &nbsp;&nbsp;&nbsp; Lancaster County Hospital Authority, RB, 5.00%, <br> 11/01/51<br>| 2940 | &nbsp;&nbsp; 2962817 |
| &nbsp;&nbsp;&nbsp; Lancaster Industrial Development Authority, RB, <br> 5.00%, 12/01/44<br>| 1000 | &nbsp;&nbsp; 1001651 |
| &nbsp;&nbsp;&nbsp; Montgomery County Higher Education and Health <br> Authority, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/01/51 | 4510 | &nbsp;&nbsp; 3834589 |
| &nbsp;&nbsp;&nbsp; Class B, 5.00%, 05/01/57 | 5000 | &nbsp;&nbsp; 4972282 |
| &nbsp;&nbsp;&nbsp; 5.00%, 09/01/48 | 345 | &nbsp;&nbsp; 346577 |
| &nbsp;&nbsp;&nbsp; Series B, (AGM), 4.00%, 05/01/52 | 4585 | &nbsp;&nbsp; 4054298 |
| &nbsp;&nbsp;&nbsp; Montgomery County Industrial Development Authority, <br> RB, Series C, 5.00%, 11/15/45<br>| 1545 | &nbsp;&nbsp; 1560352 |
| &nbsp;&nbsp;&nbsp; Montgomery County Industrial Development Authority, <br> Refunding RB, 5.25%, 01/01/40<br>| 4170 | &nbsp;&nbsp; 4172069 |
| &nbsp;&nbsp;&nbsp; New York Energy Finance Development Corp., RB, <br> Series B, 5.25%, 12/01/44<br>| 1500 | &nbsp;&nbsp; 1624422 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Economic Development Financing <br> Authority, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/30/42 | 9320 | &nbsp;&nbsp; 9323426 |
| &nbsp;&nbsp;&nbsp; AMT, 5.50%, 06/30/43 | 985 | &nbsp;&nbsp; 1044543 |
| &nbsp;&nbsp;&nbsp; AMT, 5.75%, 06/30/48 | 1645 | &nbsp;&nbsp; 1721159 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Economic Development Financing <br> Authority, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.50%, 12/15/51 | 5015 | &nbsp;&nbsp; 4723229 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 12/15/51 | 4600 | &nbsp;&nbsp; 4797613 |
| &nbsp;&nbsp;&nbsp; AMT, 5.50%, 11/01/44 | 1035 | &nbsp;&nbsp; 1035625 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Higher Educational Facilities Authority, <br> RB, 4.00%, 06/15/55<br>| 2140 | &nbsp;&nbsp; 1915565 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniYield Quality Fund III, Inc. (MYI)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Pennsylvania (continued)** | **Pennsylvania (continued)** |  |
| &nbsp;&nbsp;&nbsp; Pennsylvania Higher Educational Facilities Authority, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B-1, (AGM), 5.00%, 11/01/51 | 2155 | &nbsp;&nbsp; $2195841 |
| &nbsp;&nbsp;&nbsp; Series B2, 4.38%, 11/01/54 | 4875 | &nbsp;&nbsp; 4444345 |
| &nbsp;&nbsp;&nbsp; Series B2, 5.50%, 11/01/54 | 2490 | &nbsp;&nbsp; 2579354 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Housing Finance Agency, RB, S/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series 143A, Sustainability Bonds, 5.45%, 04/01/51 | 6555 | &nbsp;&nbsp; 6774639 |
| &nbsp;&nbsp;&nbsp; Series 143A, Sustainability Bonds, 6.25%, 10/01/53 | 8170 | &nbsp;&nbsp; 8838038 |
| &nbsp;&nbsp;&nbsp; Series 148A, Sustainability Bonds, 4.75%, 10/01/50 | 10000 | &nbsp;&nbsp; 10044558 |
| Pennsylvania Turnpike Commission, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, 5.00%, 12/01/41 | 4740 | &nbsp;&nbsp; 4748774 |
| &nbsp;&nbsp;&nbsp; Series C, 5.25%, 12/01/54 | 8000 | &nbsp;&nbsp; 8465001 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Turnpike Commission, Refunding RB, <br> Series 2017-3, Subordinate, 5.00%, 12/01/40<br>| 2330 | &nbsp;&nbsp; 2381129 |
| Philadelphia Authority for Industrial Development, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 11/01/52 | 2440 | &nbsp;&nbsp; 2499792 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 07/01/49 | 4315 | &nbsp;&nbsp; 3954153 |
| &nbsp;&nbsp;&nbsp; Philadelphia Gas Works Co., Refunding RB, Series A, <br> 5.25%, 08/01/49<br>| 4580 | &nbsp;&nbsp; 4808508 |
| &nbsp;&nbsp;&nbsp; School District of Philadelphia, GOL, Series A, (AGM), <br> 5.50%, 09/01/48<br>| 710 | &nbsp;&nbsp; 753990 |
|  |  | &nbsp;&nbsp; 137769263 |
| **Puerto Rico — 3.5%** | **Puerto Rico — 3.5%** |  |
| Commonwealth of Puerto Rico, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 5.63%, 07/01/29 | 1435 | &nbsp;&nbsp; 1510201 |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 5.75%, 07/01/31 | 1295 | &nbsp;&nbsp; 1399692 |
| &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 | 3122 | &nbsp;&nbsp; 2976611 |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 5.00%, 07/01/58 | 20922 | &nbsp;&nbsp; 20321643 |
| &nbsp;&nbsp;&nbsp; Series A-2, Restructured, 4.78%, 07/01/58 | 6288 | &nbsp;&nbsp; 5990513 |
| &nbsp;&nbsp;&nbsp; Series A-2, Restructured, 4.33%, 07/01/40 | 152 | &nbsp;&nbsp; 150278 |
| &nbsp;&nbsp;&nbsp; Series B-1, Restructured, 4.75%, 07/01/53 | 937 | &nbsp;&nbsp; 893365 |
| &nbsp;&nbsp;&nbsp; Series B-1, Restructured, 5.00%, 07/01/58 | 6927 | &nbsp;&nbsp; 6686215 |
| &nbsp;&nbsp;&nbsp; Series B-2, Restructured, 4.78%, 07/01/58 | 1261 | &nbsp;&nbsp; 1201342 |
| &nbsp;&nbsp;&nbsp; Puerto Rico Sales Tax Financing Corp. Sales Tax <br> Revenue, RB, CAB, Series A-1, Restructured, <br> 0.00%, 07/01/46<sup>(c)</sup><br>| 24961 | &nbsp;&nbsp; 8897186 |
|  |  | &nbsp;&nbsp; 50027046 |
| **Rhode Island — 0.4%** | **Rhode Island — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; Rhode Island Health and Educational Building Corp., <br> RB, 5.00%, 11/01/53<br>| 6170 | &nbsp;&nbsp; 6289401 |
| **South Carolina — 3.1%** | **South Carolina — 3.1%** |  |
| &nbsp;&nbsp;&nbsp; Patriots Energy Group Financing Agency, RB, <br> Series A1, 5.25%, 10/01/54<sup>(a)</sup><br>| 3235 | &nbsp;&nbsp; 3468456 |
| &nbsp;&nbsp;&nbsp; Patriots Energy Group Financing Agency, Refunding <br> RB, Series B-1, 5.25%, 02/01/54<sup>(a)</sup><br>| 7215 | &nbsp;&nbsp; 7743964 |
| &nbsp;&nbsp;&nbsp; South Carolina Jobs-Economic Development Authority, <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 7.50%, 08/15/62<sup>(b)</sup> | 1290 | &nbsp;&nbsp; 1154203 |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 11/01/48 | 1420 | &nbsp;&nbsp; 1515117 |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 11/01/49 | 8520 | &nbsp;&nbsp; 9064859 |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 11/01/50 | 670 | &nbsp;&nbsp; 709545 |
| &nbsp;&nbsp;&nbsp; South Carolina Jobs-Economic Development Authority, <br> Refunding RB, 5.00%, 11/15/47<br>| 1050 | &nbsp;&nbsp; 1048767 |
| &nbsp;&nbsp;&nbsp; South Carolina Ports Authority, ARB, Series B, AMT, <br> 4.00%, 07/01/49<br>| 650 | &nbsp;&nbsp; 585770 |
| South Carolina Public Service Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 12/01/50 | 6455 | &nbsp;&nbsp; 6833070 |
| &nbsp;&nbsp;&nbsp; Series A, (AGM), 5.00%, 12/01/55 | 3465 | &nbsp;&nbsp; 3540765 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **South Carolina (continued)** | **South Carolina (continued)** |  |
| &nbsp;&nbsp;&nbsp; South Carolina Public Service Authority, Refunding <br> RB (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 12/01/46 | 5920 | &nbsp;&nbsp; $6206199 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 12/01/51 | 2110 | &nbsp;&nbsp; 2147185 |
|  |  | &nbsp;&nbsp; 44017900 |
| **South Dakota — 0.2%** | **South Dakota — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; South Dakota Housing Development Authority, <br> Refunding RB, S/F Housing, Series A, (AGM), <br> 4.70%, 05/01/50<br>| 3410 | &nbsp;&nbsp; 3387216 |
| **Tennessee — 1.2%** | **Tennessee — 1.2%** |  |
| &nbsp;&nbsp;&nbsp; Metropolitan Government Nashville & Davidson County <br> Health & Educational Fcilities Board, Refunding RB, <br> 4.00%, 10/01/54<br>| 7775 | &nbsp;&nbsp; 6989879 |
| &nbsp;&nbsp;&nbsp; Metropolitan Government Nashville & Davidson County <br> Sports Authority, RB, Series A, Senior Lien, (AGM), <br> 5.25%, 07/01/48<br>| 2010 | &nbsp;&nbsp; 2127943 |
| &nbsp;&nbsp;&nbsp; Metropolitan Government of Nashville & Davidson <br> County TN Water & Sewer Revenue, Refunding RB, <br> 5.25%, 07/01/55<br>| 3830 | &nbsp;&nbsp; 4053531 |
| &nbsp;&nbsp;&nbsp; Metropolitan Nashville Airport Authority, ARB, Series B, <br> AMT, 5.50%, 07/01/42<br>| 2000 | &nbsp;&nbsp; 2170851 |
| Tennergy Corp., RB, Series A, 5.50%, 10/01/53<sup>(a)</sup> | 1640 | &nbsp;&nbsp; 1742758 |
|  |  | &nbsp;&nbsp; 17084962 |
| **Texas — 11.4%** | **Texas — 11.4%** |  |
| &nbsp;&nbsp;&nbsp; Alamo Heights Independent School District, GO, (BAM-<br> TCRS), 4.00%, 02/01/51<br>| 2415 | &nbsp;&nbsp; 2212349 |
| Arlington Higher Education Finance Corp., RB<sup>(b)(e)(f)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 7.50%, 04/01/62 | 2645 | &nbsp;&nbsp; 1322500 |
| &nbsp;&nbsp;&nbsp; 7.88%, 11/01/62 | 2250 | &nbsp;&nbsp; 1350000 |
| &nbsp;&nbsp;&nbsp; Aubrey Independent School District, GO, (BAM), <br> 4.00%, 02/15/52<br>| 1500 | &nbsp;&nbsp; 1346652 |
| &nbsp;&nbsp;&nbsp; City of Austin Texas Airport System Revenue, <br> Refunding ARB, Series B, 11/15/56<sup>(h)</sup><br>| 9040 | &nbsp;&nbsp; 9282201 |
| &nbsp;&nbsp;&nbsp; City of Austin Texas Water & Wastewater System <br> Revenue, Refunding RB, 5.00%, 11/15/53<br>| 3935 | &nbsp;&nbsp; 4059268 |
| &nbsp;&nbsp;&nbsp; City of Corpus Christi Texas Utility System Revenue, <br> Refunding RB, 4.13%, 07/15/53<br>| 8025 | &nbsp;&nbsp; 7340625 |
| &nbsp;&nbsp;&nbsp; City of El Paso Texas Water & Sewer Revenue, <br> Refunding RB, 5.25%, 03/01/49<br>| 3410 | &nbsp;&nbsp; 3583181 |
| City of Houston Texas Airport System Revenue, ARB |  |  |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 5.50%, 07/15/36 | 300 | &nbsp;&nbsp; 322127 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 5.50%, 07/15/37 | 1035 | &nbsp;&nbsp; 1106906 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 5.50%, 07/15/38 | 310 | &nbsp;&nbsp; 330088 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 5.50%, 07/15/39 | 600 | &nbsp;&nbsp; 634332 |
| &nbsp;&nbsp;&nbsp; City of Houston Texas Airport System Revenue, <br> Refunding ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series A, AMT, Subordinate Lien, (SAW), 5.25%, <br> 07/01/48<br>| 1745 | &nbsp;&nbsp; 1812168 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, Subordinate Lien, 5.50%, 07/01/55 | 9770 | &nbsp;&nbsp; 10299956 |
| &nbsp;&nbsp;&nbsp; City of Houston Texas Airport System Revenue, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 07/01/29 | 2385 | &nbsp;&nbsp; 2387525 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 07/01/27 | 690 | &nbsp;&nbsp; 700532 |
| &nbsp;&nbsp;&nbsp; City of Houston Texas Hotel Occupancy Tax & Special <br> Revenue, Refunding RB, Series C, 1st Lien, 5.50%, <br> 09/01/58<br>| 6495 | &nbsp;&nbsp; 6818565 |
| City of Houston Texas, GOL |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 03/01/49 | 6090 | &nbsp;&nbsp; 6466429 |
| &nbsp;&nbsp;&nbsp; Series A, 4.13%, 03/01/51 | 2000 | &nbsp;&nbsp; 1835463 |
| &nbsp;&nbsp;&nbsp; City of Houston Texas, Refunding GOL, Series A, <br> 5.25%, 03/01/42<br>| 905 | &nbsp;&nbsp; 986458 |

---

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniYield Quality Fund III, Inc. (MYI)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Texas (continued)** | **Texas (continued)** |  |
| &nbsp;&nbsp;&nbsp; City of Hutto Texas, GOL, (FHLMC, FNMA, GNMA), <br> 4.13%, 08/01/49<br>| 2135 | &nbsp;&nbsp; $2002886 |
| &nbsp;&nbsp;&nbsp; City of San Antonio Texas Electric & Gas Systems <br> Revenue, Refunding RB, Series E, 5.25%, 02/01/49<br>| 4500 | &nbsp;&nbsp; 4759904 |
| &nbsp;&nbsp;&nbsp; Clifton Higher Education Finance Corp., Refunding RB, <br> Series A, (PSF), 4.13%, 08/15/49<br>| 1155 | &nbsp;&nbsp; 1065276 |
| &nbsp;&nbsp;&nbsp; Conroe Independent School District, GO, (PSF), <br> 4.00%, 02/15/50<br>| 13865 | &nbsp;&nbsp; 12742416 |
| County of Harris Texas, GOL, 4.00%, 09/15/49 | 3480 | &nbsp;&nbsp; 3213149 |
| &nbsp;&nbsp;&nbsp; Dallas Independent School District, Refunding GO, <br> (AGM), 4.00%, 02/15/53<br>| 1600 | &nbsp;&nbsp; 1458789 |
| &nbsp;&nbsp;&nbsp; Del Valle Independent School District Texas, GO, <br> (GTD), 4.00%, 06/15/47<br>| 2795 | &nbsp;&nbsp; 2633771 |
| &nbsp;&nbsp;&nbsp; Eagle Mountain & Saginaw Independent School <br> District, GO, (FNMA), 4.00%, 08/15/54<br>| 850 | &nbsp;&nbsp; 763045 |
| &nbsp;&nbsp;&nbsp; EP Royal Estates PFC, RB, M/F Housing, 4.25%, <br> 10/01/39<br>| 665 | &nbsp;&nbsp; 665913 |
| &nbsp;&nbsp;&nbsp; Fort Bend Independent School District, Refunding GO, <br> Series A, (PSF), 4.00%, 08/15/49<br>| 6600 | &nbsp;&nbsp; 6049997 |
| &nbsp;&nbsp;&nbsp; Hurst-Euless-Bedford Independent School District, GO, <br> (AGM), 4.00%, 08/15/50<br>| 6475 | &nbsp;&nbsp; 5864760 |
| &nbsp;&nbsp;&nbsp; Leander Independent School District, Refunding GO, <br> Series A, (AGM-CR), 5.00%, 08/15/50<br>| 1345 | &nbsp;&nbsp; 1403833 |
| &nbsp;&nbsp;&nbsp; Longview Independent School District, GO, (GTD), <br> 4.00%, 02/15/49<br>| 1120 | &nbsp;&nbsp; 1033300 |
| &nbsp;&nbsp;&nbsp; Midland County Fresh Water Supply District No. 1, <br> Refunding RB, Series A, 0.00%, 09/15/27<sup>(c)(g)</sup><br>| 5810 | &nbsp;&nbsp; 3608096 |
| &nbsp;&nbsp;&nbsp; New Hope Cultural Education Facilities Finance Corp., <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 08/15/49 | 6420 | &nbsp;&nbsp; 6955523 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 08/15/50<sup>(b)</sup> | 1385 | &nbsp;&nbsp; 1187110 |
| Northwest Independent School District, GO |  |  |
| &nbsp;&nbsp;&nbsp; (FHLMC, FNMA, GNMA), 5.00%, 02/15/49 | 7635 | &nbsp;&nbsp; 7906845 |
| &nbsp;&nbsp;&nbsp; (AGM), 5.25%, 02/15/55 | 4225 | &nbsp;&nbsp; 4437133 |
| &nbsp;&nbsp;&nbsp; Tarrant County Cultural Education Facilities Finance <br> Corp., RB, 5.00%, 11/15/51<br>| 3070 | &nbsp;&nbsp; 3157373 |
| &nbsp;&nbsp;&nbsp; Tarrant County Cultural Education Facilities Finance <br> Corp., Refunding RB, 5.00%, 11/15/40<br>| 3250 | &nbsp;&nbsp; 3250980 |
| Tarrant Regional Water District, RB, 4.25%, 09/01/55 | 2855 | &nbsp;&nbsp; 2611634 |
| &nbsp;&nbsp;&nbsp; Texas City Industrial Development Corp., RB, <br> Series 2012, 4.13%, 12/01/45<br>| 820 | &nbsp;&nbsp; 735828 |
| &nbsp;&nbsp;&nbsp; Texas Department of Housing & Community Affairs, <br> RB, S/F Housing, Series C, (SAW), 5.00%, <br> 09/01/48<br>| 1620 | &nbsp;&nbsp; 1649479 |
| &nbsp;&nbsp;&nbsp; Texas Municipal Gas Acquisition & Supply Corp. III, <br> Refunding RB, 5.00%, 12/15/32<br>| 5740 | &nbsp;&nbsp; 6154228 |
| &nbsp;&nbsp;&nbsp; Texas State Technical College, RB, (PSF), 5.50%, <br> 08/01/42<br>| 3335 | &nbsp;&nbsp; 3693224 |
| &nbsp;&nbsp;&nbsp; Waller Consolidated Independent School District, GO, <br> Series A, (FHLMC, FNMA, GNMA), 4.00%, <br> 02/15/53<br>| 3300 | &nbsp;&nbsp; 2980418 |
| &nbsp;&nbsp;&nbsp; Ysleta Independent School District, GO, (NPFGC), <br> 4.25%, 08/15/56<br>| 9670 | &nbsp;&nbsp; 8978267 |
|  |  | &nbsp;&nbsp; 165160502 |
| **Utah — 1.9%** | **Utah — 1.9%** |  |
| &nbsp;&nbsp;&nbsp; Black Desert Public Infrastructure District, SAB, 5.63%, <br> 12/01/53<sup>(b)</sup><br>| 885 | &nbsp;&nbsp; 900088 |
| City of Salt Lake City Utah Airport Revenue, ARB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 07/01/43 | 6100 | &nbsp;&nbsp; 6196202 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.25%, 07/01/48 | 5780 | &nbsp;&nbsp; 5824003 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.50%, 07/01/55 | 4685 | &nbsp;&nbsp; 4935571 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Utah (continued)** | **Utah (continued)** |  |
| County of Utah, RB, Series B, 4.00%, 05/15/47 | 2650 | &nbsp;&nbsp; $2398018 |
| &nbsp;&nbsp;&nbsp; Downtown Revitalization Public Infrastructure District, <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 1st Lien, (AGM), 5.50%, 06/01/55 | 3960 | &nbsp;&nbsp; 4239627 |
| &nbsp;&nbsp;&nbsp; Series B, 2nd Lien, (Remove), 5.50%, 06/01/50 | 1550 | &nbsp;&nbsp; 1682249 |
| &nbsp;&nbsp;&nbsp; Series B, 2nd Lien, (FNMA), 5.50%, 06/01/55 | 1405 | &nbsp;&nbsp; 1504211 |
| &nbsp;&nbsp;&nbsp; Utah Charter School Finance Authority, RB, 5.00%, <br> 06/15/39<sup>(b)</sup><br>| 190 | &nbsp;&nbsp; 186420 |
|  |  | &nbsp;&nbsp; 27866389 |
| **Virginia — 1.0%** | **Virginia — 1.0%** |  |
| &nbsp;&nbsp;&nbsp; Ballston Quarter Community Development Authority, <br> TA, Series A-1, 5.50%, 03/01/46<br>| 724 | &nbsp;&nbsp; 716077 |
| &nbsp;&nbsp;&nbsp; Ballston Quarter Community Development Authority, <br> TA, CAB, Series A-2, 7.13%, 03/01/59<sup>(d)</sup><br>| 1739 | &nbsp;&nbsp; 1612977 |
| &nbsp;&nbsp;&nbsp; Henrico County Economic Development Authority, <br> Refunding RB, Series A, 5.00%, 11/01/48<br>| 2845 | &nbsp;&nbsp; 2899981 |
| &nbsp;&nbsp;&nbsp; Tobacco Settlement Financing Corp., Refunding RB, <br> Series B-1, 5.00%, 06/01/47<br>| 6320 | &nbsp;&nbsp; 5287292 |
| &nbsp;&nbsp;&nbsp; Virginia Housing Development Authority, RB, M/F <br> Housing, Series A, 4.60%, 09/01/49<br>| 1035 | &nbsp;&nbsp; 1036171 |
| &nbsp;&nbsp;&nbsp; Virginia Small Business Financing Authority, RB, AMT, <br> 5.00%, 12/31/56<br>| 2555 | &nbsp;&nbsp; 2469933 |
|  |  | &nbsp;&nbsp; 14022431 |
| **Washington — 2.4%** | **Washington — 2.4%** |  |
| &nbsp;&nbsp;&nbsp; County of King Washington Sewer Revenue, <br> Refunding RB, Series A, Junior Lien, 3.32%, <br> 01/01/40<sup>(a)</sup><br>| 1325 | &nbsp;&nbsp; 1317898 |
| Port of Seattle Washington, ARB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 05/01/43 | 15500 | &nbsp;&nbsp; 15570032 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, Intermediate Lien, 5.50%, 10/01/50 | 2525 | &nbsp;&nbsp; 2697020 |
| &nbsp;&nbsp;&nbsp; Port of Seattle Washington, Refunding ARB, AMT, <br> Intermediate Lien, 5.00%, 08/01/47<br>| 4350 | &nbsp;&nbsp; 4453990 |
| &nbsp;&nbsp;&nbsp; Vancouver Housing Authority, RB, M/F Housing, <br> 5.00%, 08/01/40<br>| 1040 | &nbsp;&nbsp; 1071031 |
| &nbsp;&nbsp;&nbsp; Washington Health Care Facilities Authority, Refunding <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/01/50 | 2000 | &nbsp;&nbsp; 1709959 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 08/01/44 | 1750 | &nbsp;&nbsp; 1786655 |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 09/01/55 | 1285 | &nbsp;&nbsp; 1352228 |
| &nbsp;&nbsp;&nbsp; Washington State Housing Finance Commission, RB, <br> M/F Housing<sup>(a)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, 0.00%, 11/20/41 | 2022 | &nbsp;&nbsp; 1949456 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 2, Class 1, Sustainability Bonds, 4.22%, <br> 03/01/50<br>| 1758 | &nbsp;&nbsp; 1714311 |
| &nbsp;&nbsp;&nbsp; Washington State Housing Finance Commission, <br> Refunding RB, Series A, 5.00%, 07/01/48<br>| 400 | &nbsp;&nbsp; 395933 |
|  |  | &nbsp;&nbsp; 34018513 |
| **Wisconsin — 2.4%** | **Wisconsin — 2.4%** |  |
| Public Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Class A, 4.25%, 06/15/31<sup>(b)</sup> | 270 | &nbsp;&nbsp; 258669 |
| &nbsp;&nbsp;&nbsp; Class A, 5.00%, 06/15/41<sup>(b)</sup> | 895 | &nbsp;&nbsp; 817900 |
| &nbsp;&nbsp;&nbsp; Class A, 5.00%, 06/15/51<sup>(b)</sup> | 590 | &nbsp;&nbsp; 489286 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/36<sup>(b)</sup> | 200 | &nbsp;&nbsp; 185618 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/51<sup>(b)</sup> | 680 | &nbsp;&nbsp; 523601 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/61<sup>(b)</sup> | 870 | &nbsp;&nbsp; 639864 |
| &nbsp;&nbsp;&nbsp; AMT, 5.75%, 06/30/60 | 205 | &nbsp;&nbsp; 209991 |
| &nbsp;&nbsp;&nbsp; AMT, 6.50%, 06/30/60 | 1240 | &nbsp;&nbsp; 1364920 |
| &nbsp;&nbsp;&nbsp; AMT, 5.75%, 12/31/65 | 10320 | &nbsp;&nbsp; 10548820 |
| &nbsp;&nbsp;&nbsp; AMT, 6.50%, 12/31/65 | 5880 | &nbsp;&nbsp; 6467845 |
| Public Finance Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 09/01/49<sup>(b)</sup> | 845 | &nbsp;&nbsp; 792156 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniYield Quality Fund III, Inc. (MYI)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Wisconsin (continued)** | **Wisconsin (continued)** |  |
| Public Finance Authority, Refunding RB (continued) |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 11/15/55 | 925 | &nbsp;&nbsp; $937271 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 5.00%, 07/01/42 | 1000 | &nbsp;&nbsp; 1000251 |
| &nbsp;&nbsp;&nbsp; Wisconsin Health & Educational Facilities Authority, <br> RB, Class A, 5.50%, 02/15/54<br>| 6120 | &nbsp;&nbsp; 6362411 |
| &nbsp;&nbsp;&nbsp; Wisconsin Health & Educational Facilities Authority, <br> Refunding RB, 4.00%, 12/01/51<br>| 3000 | &nbsp;&nbsp; 2619503 |
| &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, (AGM), 4.85%, <br> 09/01/43<br>| 1400 | &nbsp;&nbsp; 1441717 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series C, Sustainability Bonds, (PSF), 4.75%, <br> 03/01/51<br>| 305 | &nbsp;&nbsp; 306116 |
|  |  | &nbsp;&nbsp; 34965939 |
| **Wyoming — 0.1%** | **Wyoming — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; University of Wyoming, RB, Series C, (GNMA), 4.00%, <br> 06/01/51<br>| 1690 | &nbsp;&nbsp; 1514258 |
| &nbsp;&nbsp;&nbsp; Wyoming Community Development Authority, <br> Refunding RB, S/F Housing, Series 1, 4.40%, <br> 12/01/43<br>| 500 | &nbsp;&nbsp; 503818 |
|  |  | &nbsp;&nbsp; 2018076 |
| **Total Municipal Bonds — 118.8%** <br>**(Cost: $1,670,376,413)** | **Total Municipal Bonds — 118.8%** <br>**(Cost: $1,670,376,413)** | &nbsp;&nbsp; 1715424272 |
| **Municipal Bonds Transferred to Tender Option Bond Trusts**<sup>(i)</sup> | **Municipal Bonds Transferred to Tender Option Bond Trusts**<sup>(i)</sup> | **Municipal Bonds Transferred to Tender Option Bond Trusts**<sup>(i)</sup> |
| **Alabama — 2.3%** | **Alabama — 2.3%** |  |
| &nbsp;&nbsp;&nbsp; Alabama Special Care Facilities Financing Authority-<br> Birmingham Alabama, Refunding RB, Series B, <br> 5.00%, 11/15/46<br>| 11790 | &nbsp;&nbsp; 11792792 |
| &nbsp;&nbsp;&nbsp; Energy Southeast A Cooperative District, RB, <br> Series B-1, 5.75%, 04/01/54<br>| 10000 | &nbsp;&nbsp; 10911243 |
| &nbsp;&nbsp;&nbsp; Southeast Energy Authority A Cooperative District, RB, <br> Series A, 5.25%, 01/01/54<br>| 10000 | &nbsp;&nbsp; 10514570 |
|  |  | &nbsp;&nbsp; 33218605 |
| **California — 0.7%** | **California — 0.7%** |  |
| &nbsp;&nbsp;&nbsp; Los Angeles Unified School District, GO, Series QRR, <br> Sustainability Bonds, 5.25%, 07/01/47<br>| 9750 | &nbsp;&nbsp; 10436731 |
| **Colorado — 0.6%** | **Colorado — 0.6%** |  |
| &nbsp;&nbsp;&nbsp; City & County of Denver Colorado Airport System <br> Revenue, Refunding ARB, Series A, AMT, 4.13%, <br> 11/15/47<br>| 10300 | &nbsp;&nbsp; 9365694 |
| **District of Columbia — 3.2%** | **District of Columbia — 3.2%** |  |
| &nbsp;&nbsp;&nbsp; District of Columbia Income Tax Revenue, Refunding <br> RB, Series A, 5.00%, 06/01/50<br>| 4560 | &nbsp;&nbsp; 4766759 |
| &nbsp;&nbsp;&nbsp; Metropolitan Washington Airports Authority Aviation <br> Revenue, Refunding ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 10/01/50 | 12097 | &nbsp;&nbsp; 12314634 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.50%, 10/01/54 | 5180 | &nbsp;&nbsp; 5423427 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.50%, 10/01/55 | 8340 | &nbsp;&nbsp; 8802437 |
| &nbsp;&nbsp;&nbsp; Washington Metropolitan Area Transit Authority <br> Dedicated Revenue, RB, Series A, 2nd Lien, 5.50%, <br> 07/15/60<br>| 13660 | &nbsp;&nbsp; 14590512 |
|  |  | &nbsp;&nbsp; 45897769 |
| **Florida — 4.2%** | **Florida — 4.2%** |  |
| &nbsp;&nbsp;&nbsp; Central Florida Expressway Authority, RB, Series B, <br> Senior Lien, 5.00%, 07/01/49<br>| 14090 | &nbsp;&nbsp; 14389963 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Florida (continued)** | **Florida (continued)** |  |
| &nbsp;&nbsp;&nbsp; City of Melbourne Florida Water & Sewer Revenue, <br> RB, Series 2023-ZF, 5.00%, 11/15/50<br>| 3090 | &nbsp;&nbsp; $3205776 |
| &nbsp;&nbsp;&nbsp; City of Tallahassee, RB, Series 2025-ZF, 5.25%, <br> 10/01/55<br>| 3320 | &nbsp;&nbsp; 3475300 |
| City of Tampa Florida, RB, Series A, 5.00%, 11/15/46 | 10500 | &nbsp;&nbsp; 10505542 |
| &nbsp;&nbsp;&nbsp; County of Miami-Dade Florida Aviation Revenue, <br> Refunding ARB, Series A, AMT, 5.25%, 10/01/50<br>| 2735 | &nbsp;&nbsp; 2827361 |
| &nbsp;&nbsp;&nbsp; Greater Orlando Aviation Authority, ARB, AMT, <br> Subordinate, 5.25%, 10/01/51<sup>(j)</sup><br>| 9759 | &nbsp;&nbsp; 10121553 |
| &nbsp;&nbsp;&nbsp; JEA Water & Sewer System Revenue, Refunding RB, <br> Series A, 5.25%, 10/01/49<br>| 9830 | &nbsp;&nbsp; 10460224 |
| Tampa Bay Water, RB, Series A, 5.25%, 10/01/54<sup>(j)</sup> | 5793 | &nbsp;&nbsp; 6155217 |
|  |  | &nbsp;&nbsp; 61140936 |
| **Georgia — 0.2%** | **Georgia — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; County of DeKalb Georgia Water & Sewerage <br> Revenue, RB, Series A, 5.00%, 10/01/55<sup>(j)</sup><br>| 3500 | &nbsp;&nbsp; 3634821 |
| **Illinois — 3.5%** | **Illinois — 3.5%** |  |
| &nbsp;&nbsp;&nbsp; Chicago Transit Authority Sales Tax Receipts Fund, <br> Refunding RB, Series A, Second Lien, (BAM), <br> 5.00%, 12/01/46<br>| 10000 | &nbsp;&nbsp; 10346842 |
| &nbsp;&nbsp;&nbsp; Illinois Finance Authority, Refunding RB, Series A, <br> 5.00%, 07/15/42<br>| 20000 | &nbsp;&nbsp; 20376682 |
| Illinois State Toll Highway Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/44 | 8000 | &nbsp;&nbsp; 8282518 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/46 | 10470 | &nbsp;&nbsp; 10930054 |
|  |  | &nbsp;&nbsp; 49936096 |
| **Massachusetts — 2.4%** | **Massachusetts — 2.4%** |  |
| &nbsp;&nbsp;&nbsp; Commonwealth of Massachusetts Transportation Fund <br> Revenue, RB, Sustainability Bonds, 5.00%, <br> 06/01/53<br>| 10010 | &nbsp;&nbsp; 10319939 |
| &nbsp;&nbsp;&nbsp; Commonwealth of Massachusetts, GO, Series 2024, <br> 5.00%, 12/01/51<br>| 16200 | &nbsp;&nbsp; 16891687 |
| &nbsp;&nbsp;&nbsp; Commonwealth of Massachusetts, GOL, Series A, <br> 5.00%, 04/01/55<br>| 6620 | &nbsp;&nbsp; 6850849 |
|  |  | &nbsp;&nbsp; 34062475 |
| **Michigan — 0.2%** | **Michigan — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Michigan State Housing Development Authority, RB, <br> M/F Housing, Series A, 5.00%, 10/01/48<br>| 2551 | &nbsp;&nbsp; 2610091 |
| **Minnesota — 0.6%** | **Minnesota — 0.6%** |  |
| &nbsp;&nbsp;&nbsp; Minneapolis-St. Paul Metropolitan Airports <br> Commission, ARB, AMT, Subordinate, 5.25%, <br> 01/01/49<br>| 8109 | &nbsp;&nbsp; 8306537 |
| **Missouri — 0.8%** | **Missouri — 0.8%** |  |
| &nbsp;&nbsp;&nbsp; Health & Educational Facilities Authority of the State of <br> Missouri, RB, 4.00%, 06/01/53<sup>(j)</sup><br>| 10000 | &nbsp;&nbsp; 8690713 |
| &nbsp;&nbsp;&nbsp; Missouri Housing Development Commission, RB, S/F <br> Housing, Series E, 4.60%, 11/01/49<br>| 3068 | &nbsp;&nbsp; 3035180 |
|  |  | &nbsp;&nbsp; 11725893 |
| **New Jersey — 0.9%** | **New Jersey — 0.9%** |  |
| &nbsp;&nbsp;&nbsp; New Jersey Transportation Trust Fund Authority, RB, <br> Series AA, 5.00%, 06/15/55<br>| 7380 | &nbsp;&nbsp; 7588086 |
| &nbsp;&nbsp;&nbsp; New Jersey Turnpike Authority, RB, Series B, 5.25%, <br> 01/01/49<br>| 5255 | &nbsp;&nbsp; 5609280 |
|  |  | &nbsp;&nbsp; 13197366 |
| **New York — 13.8%** | **New York — 13.8%** |  |
| City of New York, GO, Series B, 5.25%, 10/01/47 | 2940 | &nbsp;&nbsp; 3077351 |
| Empire State Development Corp., Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 03/15/41 | 7790 | &nbsp;&nbsp; 8414639 |

---

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniYield Quality Fund III, Inc. (MYI)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **New York (continued)** | **New York (continued)** |  |
| &nbsp;&nbsp;&nbsp; Empire State Development Corp., Refunding <br> RB (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 03/15/43 | 10000 | &nbsp;&nbsp; $10688577 |
| &nbsp;&nbsp;&nbsp; 5.00%, 03/15/44 | 8280 | &nbsp;&nbsp; 8792373 |
| &nbsp;&nbsp;&nbsp; New York City Housing Development Corp., <br> Series 2025-ZF, 5.00%, 11/01/55<br>| 4200 | &nbsp;&nbsp; 4245058 |
| &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>(j)</sup><br>| 2460 | &nbsp;&nbsp; 2464623 |
| &nbsp;&nbsp;&nbsp; New York City Municipal Water Finance Authority, RB, <br> Series AA, Subordinate, 5.00%, 06/15/51<sup>(j)</sup><br>| 6135 | &nbsp;&nbsp; 6360452 |
| &nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future <br> Tax Secured Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, 5.25%, 05/01/55 | 7173 | &nbsp;&nbsp; 7511760 |
| &nbsp;&nbsp;&nbsp; Series C, 5.25%, 05/01/48 | 4240 | &nbsp;&nbsp; 4468347 |
| &nbsp;&nbsp;&nbsp; Series C-1, Subordinate, 5.00%, 05/01/50 | 8413 | &nbsp;&nbsp; 8655958 |
| &nbsp;&nbsp;&nbsp; Series D-1, 5.25%, 11/01/43 | 12040 | &nbsp;&nbsp; 13014135 |
| &nbsp;&nbsp;&nbsp; Series D-1, 5.50%, 11/01/45 | 5900 | &nbsp;&nbsp; 6388650 |
| &nbsp;&nbsp;&nbsp; Series H-1, Subordinate, 5.00%, 11/01/50 | 11060 | &nbsp;&nbsp; 11393864 |
| &nbsp;&nbsp;&nbsp; New York Power Authority, RB, Series A, Sustainability <br> Bonds, (AGM), 5.13%, 11/15/63<br>| 6627 | &nbsp;&nbsp; 6900210 |
| &nbsp;&nbsp;&nbsp; New York State Dormitory Authority, RB, Series A, <br> 5.00%, 03/15/41<br>| 9795 | &nbsp;&nbsp; 10076973 |
| New York State Dormitory Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 03/15/47<sup>(j)</sup> | 4630 | &nbsp;&nbsp; 4864248 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 03/15/53<sup>(j)</sup> | 3118 | &nbsp;&nbsp; 3210050 |
| &nbsp;&nbsp;&nbsp; Series E, 5.00%, 03/15/46 | 3940 | &nbsp;&nbsp; 4036624 |
| &nbsp;&nbsp;&nbsp; New York Transportation Development Corp., RB, AMT, <br> Sustainability Bonds, (FHLMC, FNMA, GNMA), <br> 5.13%, 06/30/60<br>| 10000 | &nbsp;&nbsp; 10045339 |
| &nbsp;&nbsp;&nbsp; Port Authority of New York & New Jersey, Refunding <br> ARB, AMT, 5.00%, 01/15/47<sup>(j)</sup><br>| 3860 | &nbsp;&nbsp; 3987877 |
| &nbsp;&nbsp;&nbsp; Triborough Bridge & Tunnel Authority Sales Tax <br> Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.13%, 05/15/53 | 10572 | &nbsp;&nbsp; 9778901 |
| &nbsp;&nbsp;&nbsp; Series A, 4.25%, 05/15/58 | 16737 | &nbsp;&nbsp; 15860935 |
| &nbsp;&nbsp;&nbsp; Series A-1, 4.13%, 05/15/64 | 5150 | &nbsp;&nbsp; 4659291 |
| Triborough Bridge & Tunnel Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 11/15/57 | 14906 | &nbsp;&nbsp; 15740405 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series D-2, Senior Lien, Sustainability Bonds, <br> 5.25%, 05/15/47<br>| 9810 | &nbsp;&nbsp; 10372886 |
| &nbsp;&nbsp;&nbsp; Triborough Bridge & Tunnel Authority, Refunding RB, <br> Series B-1, Sustainability Bonds, 5.25%, 05/15/54<br>| 3758 | &nbsp;&nbsp; 3949316 |
|  |  | &nbsp;&nbsp; 198958842 |
| **Ohio — 2.5%** | **Ohio — 2.5%** |  |
| &nbsp;&nbsp;&nbsp; Columbus Regional Airport Authority, Refunding ARB, <br> Series A, AMT, 5.50%, 01/01/55<sup>(j)</sup><br>| 20000 | &nbsp;&nbsp; 20950098 |
| University of Cincinnati, RB, Series A, 5.00%, 06/01/45 | 15025 | &nbsp;&nbsp; 15161710 |
|  |  | &nbsp;&nbsp; 36111808 |
| **Oregon — 1.3%** | **Oregon — 1.3%** |  |
| &nbsp;&nbsp;&nbsp; Port of Portland Oregon Airport Revenue, Refunding <br> ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 29, AMT, Sustainability Bonds, 5.50%, <br> 07/01/48<br>| 7232 | &nbsp;&nbsp; 7642128 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Oregon (continued)** | **Oregon (continued)** |  |
| &nbsp;&nbsp;&nbsp; Port of Portland Oregon Airport Revenue, Refunding <br> ARB (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 30A, AMT, Sustainability Bonds, 5.25%, <br> 07/01/45<br>| 10560 | &nbsp;&nbsp; $11228126 |
| &nbsp;&nbsp;&nbsp; State of Oregon Housing & Community Services <br> Department, RB, M/F Housing, Series A, 4.95%, <br> 07/01/30<br>| 600 | &nbsp;&nbsp; 604916 |
|  |  | &nbsp;&nbsp; 19475170 |
| **Pennsylvania — 3.0%** | **Pennsylvania — 3.0%** |  |
| &nbsp;&nbsp;&nbsp; Pennsylvania Housing Finance Agency, RB, S/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series 143A, Sustainability Bonds, 5.38%, 10/01/46 | 8053 | &nbsp;&nbsp; 8437485 |
| &nbsp;&nbsp;&nbsp; Series 143A, Sustainability Bonds, 6.25%, 10/01/53 | 4219 | &nbsp;&nbsp; 4564360 |
| &nbsp;&nbsp;&nbsp; Series 145A, Sustainability Bonds, 4.75%, 10/01/49 | 17380 | &nbsp;&nbsp; 17388329 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 147 A, Sustainability Bonds, 4.70%, <br> 10/01/49<sup>(j)</sup><br>| 3000 | &nbsp;&nbsp; 2981870 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Turnpike Commission, Refunding RB, <br> Series B, 5.25%, 12/01/52<br>| 10005 | &nbsp;&nbsp; 10433525 |
|  |  | &nbsp;&nbsp; 43805569 |
| **South Carolina — 2.0%** | **South Carolina — 2.0%** |  |
| &nbsp;&nbsp;&nbsp; Patriots Energy Group Financing Agency, Refunding <br> RB, Series B-1, 5.25%, 02/01/54<br>| 26458 | &nbsp;&nbsp; 28397600 |
| **Texas — 4.4%** | **Texas — 4.4%** |  |
| &nbsp;&nbsp;&nbsp; Austin Community College District, Refunding GOL, <br> 5.25%, 08/01/55<br>| 5260 | &nbsp;&nbsp; 5529317 |
| &nbsp;&nbsp;&nbsp; City of Houston Texas Airport System Revenue, <br> Refunding ARB, Series A, AMT, Subordinate Lien, <br> 5.50%, 07/01/55<br>| 7858 | &nbsp;&nbsp; 8284293 |
| &nbsp;&nbsp;&nbsp; City of San Antonio Texas Electric & Gas Systems <br> Revenue, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 02/01/49 | 13298 | &nbsp;&nbsp; 14029982 |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 02/01/50<sup>(j)</sup> | 2474 | &nbsp;&nbsp; 2638906 |
| &nbsp;&nbsp;&nbsp; Dallas Area Rapid Transit, Refunding RB, Series B, <br> Senior Lien, 5.00%, 12/01/47<br>| 9480 | &nbsp;&nbsp; 9839593 |
| &nbsp;&nbsp;&nbsp; Harris County Health Facilities Development Corp., <br> Refunding RB, Series B, 5.75%, 07/01/27<br>| 8925 | &nbsp;&nbsp; 9069819 |
| &nbsp;&nbsp;&nbsp; North Texas Municipal Water District, RB, Series 2025-<br> ZF, 5.00%, 06/01/50<sup>(j)</sup><br>| 10356 | &nbsp;&nbsp; 10725457 |
| &nbsp;&nbsp;&nbsp; Terrell Independent School District, GO, (AGM), 5.25%, <br> 08/01/55<sup>(j)</sup><br>| 3220 | &nbsp;&nbsp; 3407888 |
|  |  | &nbsp;&nbsp; 63525255 |
| **Utah — 0.3%** | **Utah — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; City of Salt Lake City Utah Airport Revenue, ARB, <br> Series A, AMT, 5.50%, 07/01/53<sup>(j)</sup><br>| 4061 | &nbsp;&nbsp; 4243150 |
| **Washington — 2.0%** | **Washington — 2.0%** |  |
| &nbsp;&nbsp;&nbsp; City of Everett Washington Water & Sewer Revenue, <br> 5.00%, 12/01/50<br>| 10370 | &nbsp;&nbsp; 10737976 |
| Port of Seattle Washington, Refunding ARB |  |  |
| &nbsp;&nbsp;&nbsp; Series B, AMT, Intermediate Lien, 5.25%, 07/01/49 | 11970 | &nbsp;&nbsp; 12474860 |
| &nbsp;&nbsp;&nbsp; Series C, AMT, 5.00%, 08/01/46 | 5390 | &nbsp;&nbsp; 5526441 |
|  |  | &nbsp;&nbsp; 28739277 |
| **Total Municipal Bonds Transferred to Tender Option Bond** <br>**Trusts — 48.9%** <br>**(Cost: $692,453,461)** | **Total Municipal Bonds Transferred to Tender Option Bond** <br>**Trusts — 48.9%** <br>**(Cost: $692,453,461)** | &nbsp;&nbsp; 706789685 |

---

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

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniYield Quality Fund III, Inc. (MYI)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | <br>*Shares*<br>| *Value* |
| **Warrants** | **Warrants** | **Warrants** |
| **Construction & Engineering — 0.0%** | **Construction & Engineering — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Brightline West, (Expires 11/26/35, Strike Price USD <br> 5.00)<sup>(f)(k)</sup><br>| 43282 | &nbsp;&nbsp; $75744 |
| **Total Warrants — 0.0%** <br>**(Cost: $—)** | **Total Warrants — 0.0%** <br>**(Cost: $—)** | &nbsp;&nbsp; 75744 |
| **Total Long-Term Investments — 167.7%** <br>**(Cost: $2,362,829,874)** | **Total Long-Term Investments — 167.7%** <br>**(Cost: $2,362,829,874)** | &nbsp;&nbsp; 2422289701 |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 1.9%** | **Money Market Funds — 1.9%** |  |
| &nbsp;&nbsp;&nbsp; BlackRock Liquidity Funds, MuniCash, Institutional <br> Shares, 3.31%<sup>(l)(m)</sup><br>| 27887912 | &nbsp;&nbsp; 27890701 |
| **Total Short-Term Securities — 1.9%** <br>**(Cost: $27,890,262)** | **Total Short-Term Securities — 1.9%** <br>**(Cost: $27,890,262)** | &nbsp;&nbsp; 27890701 |
| **Total Investments — 169.6%** <br>**(Cost: $2,390,720,136)** | **Total Investments — 169.6%** <br>**(Cost: $2,390,720,136)** | &nbsp;&nbsp; 2450180402 |
| **Liabilities in Excess of Other Assets — (14.8)%** | **Liabilities in Excess of Other Assets — (14.8)%** | &nbsp;&nbsp; (214537010)<br>|
| **Liability for TOB Trust Certificates, Including Interest Expense and** <br> **Fees Payable — (30.1)%** | **Liability for TOB Trust Certificates, Including Interest Expense and** <br> **Fees Payable — (30.1)%** | &nbsp;&nbsp; (434567115)<br>|
| **VRDP Shares at Liquidation Value, Net of Deferred Offering Costs —** <br> **(24.7)%** | **VRDP Shares at Liquidation Value, Net of Deferred Offering Costs —** <br> **(24.7)%** | &nbsp;&nbsp; (356204170)<br>|
| **Net Assets Applicable to Common Shares — 100.0%** | **Net Assets Applicable to Common Shares — 100.0%** | &nbsp;&nbsp; $1444872107 |

---

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

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

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

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

<sup>(i)</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>(j)</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 agreements, which expire between July 1, 2031 to June 1, 2046, is $62,200,889. 

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

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

<sup>(m)</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, 2026 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at* <br>*07/31/25*<br>| *Proceeds* <br>*from Sales*<br>| *Net* <br>*Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*04/30/26*<br>| *Shares* <br>*Held at* <br>*04/30/26*<br>| *Income* | *Capital Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| BlackRock Liquidity Funds, MuniCash, Institutional Shares | $8057737<br> $19832964 <br><sup>(a)</sup><br>| &nbsp;&nbsp; $— | $— | $— | $27890701 | 27887912 | $304046 | $— |

---

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

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

**Fair Value Hierarchy as of Period End**

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – Unadjusted price quotations in active markets/exchanges that the 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.

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniYield Quality Fund III, Inc. (MYI)** 

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

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; $1715424272 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $1715424272 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds Transferred to Tender Option Bond Trusts | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 706789685 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 706789685 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Warrants | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 75744 | &nbsp;&nbsp;&nbsp;&nbsp; 75744 |
| &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; 27890701 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 27890701 |
|  | &nbsp;&nbsp; $27890701 | &nbsp;&nbsp;&nbsp;&nbsp; $2422213957 | &nbsp;&nbsp;&nbsp;&nbsp; $75744 | &nbsp;&nbsp;&nbsp;&nbsp; $2450180402 |

---

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; $(431375204)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(431375204)<br>|
| &nbsp;&nbsp;&nbsp; VRDP Shares at Liquidation Value | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (587700000)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (587700000)<br>|
|  | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(1019075204)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(1019075204)<br>|

---

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

---

| | |
|:---|:---|
| **Portfolio Abbreviation**  | **Portfolio Abbreviation**  |
| 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 |
| COP | Certificates of Participation |
| CR | Custodian Receipt |
| FHLMC | Federal Home Loan Mortgage Corp. |
| FNMA | Federal National Mortgage Association |
| GNMA | Government National Mortgage Association |
| GO | General Obligation Bonds |
| GOL | General Obligation Ltd. |
| GTD | Guaranteed |
| HUD SECT 8 | &nbsp;&nbsp;&nbsp; U.S. Department of Housing and Urban Development <br> Section 8<br>|
| M/F | Multi-Family |
| NPFGC | National Public Finance Guarantee Corp. |
| NPFGC-IBC | &nbsp;&nbsp;&nbsp; National Public Finance Guarantee Corp. — Insured Bond <br> Certificate<br>|
| PSF | Permanent School Fund |
| Q-SBLF | Qualified School Bond Loan Fund |
| RB | Revenue Bonds |
| S/F | Single-Family |

---

---

| | |
|:---|:---|
| **Portfolio Abbreviation (continued)** | **Portfolio Abbreviation (continued)** |
| SAB | Special Assessment Bonds |
| SAP | Subject to Appropriations |
| SAW | State Aid Withholding |
| ST | Special Tax |
| TA | Tax Allocation |

---

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 MuniYield Quality Fund III, Inc.

- **b. Investment Company Act file number:** 811-06540

- **c. CIK number of Registrant:** 0000883412

- **d. LEI of Registrant:** UB5J2GS6Q51M6A2L8886

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 100 Bellevue Parkway

  - **City:** Wilmington

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

  - **Telephone number:** 800-441-7762

**Item A.2. Information about the Series.**

- **a. Name of Series:** BlackRock MuniYield Quality Fund III, Inc.

- **c. LEI of Series:** UB5J2GS6Q51M6A2L8886

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

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

- **b. Date as of which information is reported:** 2026-04-30

**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:** $2485104246.55

**Total Liabilities:** $1040232139.10

**Net Assets:** $1444872107.45

**Delayed Delivery Securities:** $9317087.00

**Cash Not Reported:** $910.06

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 606962.68000000 | **1-Year:** 33124.76000000 | **5-Year:** 552000.56000000 | **10-Year:** 444863.79000000 | **30-Year:** 354362.71000000

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

- **3-Month:** 4312.69000000 | **1-Year:** 5179.45000000 | **5-Year:** 25989.93000000 | **10-Year:** 36275.19000000 | **30-Year:** 116217.16000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 2.27%                | -3.38%               | 1.98%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $212980.32               | $43875124.27                               |
| Month 2  | $-2229735.11             | $-55008459.88                              |
| Month 3  | $61289.03                | $22752000.07                               |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Maryland Economic Development Corp                                               | MARYLAND ST ECON DEV CORP PRIV ACTIVITY REVENUE                         | CUSIP: 57422JCA4<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   4165000 | PA      | $4145057.98   | 0.29%             | 2055-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| 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      | $6936676.55   | 0.48%             | 2054-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ballston Quarter Community Development Authority                                 | BALLSTON QUARTER CMNTY DEV AUTH VA REVENUE                              | CUSIP: 058696AJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1739000 | PA      | $1612976.76   | 0.11%             | 2059-03-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116AV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2360000 | PA      | $2360164.49   | 0.16%             | 2050-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV             | CUSIP: 70868YAV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1645000 | PA      | $1721159.22   | 0.12%             | 2048-06-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Columbus Regional Airport Authority                                              | COLUMBUS OH REGL ARPT AUTH REVENUE                                      | CUSIP: 199546DD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20000000 | PA      | $20950098.00  | 1.45%             | 2055-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Collier County Health Facilities Authority                                       | COLLIER CNTY FL HLTH FACS AUTH RSDL CARE FAC REVENUE                    | CUSIP: 19463VAW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2115000 | PA      | $1768604.45   | 0.12%             | 2052-05-01      | Fixed         | 4.00%                 | 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        |   5070000 | PA      | $5101575.96   | 0.35%             | 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      | $346576.58    | 0.02%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster County Hospital Authority/PA                                           | LANCASTER CNTY PA HOSP AUTH                                             | CUSIP: 514045W66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2940000 | PA      | $2962816.75   | 0.21%             | 2051-11-01      | 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      | $1065276.37   | 0.07%             | 2049-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                               | CUSIP: 8371515T2<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   6455000 | PA      | $6833070.00   | 0.47%             | 2050-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP SOL WST DISP REVENUE                            | CUSIP: 34061XAB8<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1511256.90   | 0.10%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA PUB FACS AUTH REVENUE                                         | CUSIP: 546399TA4<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   3070000 | PA      | $2937529.50   | 0.20%             | 2066-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Baltimore MD                                                             | BALTIMORE MD SPL OBLIG                                                  | CUSIP: 05923TBX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $547457.30    | 0.04%             | 2033-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION                                        | CUSIP: 93978UAA4<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1758643 | PA      | $1714310.50   | 0.12%             | 2050-03-01      | Floating      | 4.22%                 | No            |                  2 | On Loan: No      |
| Montana Board of Housing                                                         | MONTANA ST BRD OF HSG SF MTGE                                           | CUSIP: 61212WEN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $262141.57    | 0.02%             | 2047-12-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE                       | CUSIP: 74529JQL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    937000 | PA      | $893364.57    | 0.06%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BRIGHTLINE WEST EQ WARRANTS                                                      | BRIGHTLINE WEST EQ WARRANTS                                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |     43282 | NS      | $75743.50     | 0.01%             |  |  |  | No            |                  3 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                            | CUSIP: 167591CK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6530000 | PA      | $6762773.60   | 0.47%             | 2061-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Seminole Improvement District                                                    | SEMINOLE FL IMPT DIST UTILS REVENUE                                     | CUSIP: 816751AB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $236750.02    | 0.02%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Midland County Fresh Water Supply District No 1                                  | MIDLAND CNTY TX FRESH WTR SPLY DIST #1 REVENUE                          | CUSIP: 597495AZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5810000 | PA      | $3608095.99   | 0.25%             | 2036-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| University of Wyoming                                                            | UNIV OF WYOMING WY UNIV REVENUES                                        | CUSIP: 915268J31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1690000 | PA      | $1514258.25   | 0.10%             | 2051-06-01      | Fixed         | 4.00%                 | 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        |  12830000 | PA      | $12995060.52  | 0.90%             | 2060-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Parker Road Community Development District                                       | PARKER ROAD FL CDD CAPITAL IMPT REVENUE                                 | CUSIP: 701123AE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $801402.21    | 0.06%             | 2040-05-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Georgia Housing & Finance Authority                                              | GEORGIA ST HSG & FIN AUTH REVENUE                                       | CUSIP: 37353PUL1<br>LEI: 549300I628IMF9PWV724 | Long             | DBT              | MUN               | US        |   4350000 | PA      | $4391047.47   | 0.30%             | 2050-12-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                           | PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE                      | CUSIP: 70342PAR5<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |  19995000 | PA      | $21460923.43  | 1.49%             | 2054-02-01      | Fixed         | 5.25%                 | 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      | $1035625.35   | 0.07%             | 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        |   5595000 | PA      | $6113982.13   | 0.42%             | 2048-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority Future Tax Secured Revenue | CUSIP: 64971X4D7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5900000 | PA      | $6388649.80   | 0.44%             | 2045-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                                          | CUSIP: 795576HM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5780000 | PA      | $5824002.56   | 0.40%             | 2048-07-01      | Fixed         | 5.25%                 | 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      | $2464623.08   | 0.17%             | 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        |    370000 | PA      | $359377.23    | 0.02%             | 2046-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL REVENUE                                   | CUSIP: 592250DE1<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   8755000 | PA      | $1888472.76   | 0.13%             | 2056-12-15      | None          | 0.00%                 | 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      | $4036623.77   | 0.28%             | 2046-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority                    | ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REVENUE                | CUSIP: 018444CC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3965000 | PA      | $4108506.04   | 0.28%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                             | CUSIP: 452152P96<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   6965000 | PA      | $7182825.50   | 0.50%             | 2027-11-01      | 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      | $1136806.61   | 0.08%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                             | CUSIP: 64966SCQ7<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   2525000 | PA      | $2310043.47   | 0.16%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                            | CUSIP: 59447TMQ3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2640000 | PA      | $2363212.37   | 0.16%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | OKLAHOMA ST TURNPIKE AUTH                                               | CUSIP: 679111D27<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   4070000 | PA      | $4294453.58   | 0.30%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority/FL                                   | LEE CNTY FL INDL DEV AUTH HLTHCR FACS REVENUE                           | CUSIP: 52349EET3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1061062.54   | 0.07%             | 2029-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                           | CUSIP: 592647PE5<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   4800000 | PA      | $5066150.88   | 0.35%             | 2055-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                               | CUSIP: 544445C64<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1183267.01   | 0.08%             | 2047-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DeKalb County Housing Authority                                                  | DEKALB CNTY GA HSG AUTH MF HSG                                          | CUSIP: 240471PH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1820000 | PA      | $1813965.97   | 0.13%             | 2034-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN Water & Sewer Revenue  | MET GOVT NASHVILLE & DAVIDSON CNTY TN WTR & SWR REVENUE                 | CUSIP: 5920983R6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3830000 | PA      | $4053531.44   | 0.28%             | 2055-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE             | CUSIP: 13013JCB0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2900000 | PA      | $3025985.57   | 0.21%             | 2053-07-01      | Floating      | 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      | $720341.98    | 0.05%             | 2048-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE                   | CUSIP: 51265KBB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    770000 | PA      | $772150.23    | 0.05%             | 2047-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI TOLL REVENUE                                         | CUSIP: 74448UAA6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1364920.20   | 0.09%             | 2060-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE                          | CUSIP: 64971X7H5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3200000 | PA      | $2922843.52   | 0.20%             | 2051-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH ACT 38 FACS SENIOR REVEUE                          | CUSIP: 59447NBE5<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   7065000 | PA      | $7260737.24   | 0.50%             | 2057-02-28      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                 | KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE                         | CUSIP: 74440DEC4<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |  11055000 | PA      | $11792356.34  | 0.82%             | 2054-04-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Sports Authority             | MET GOVT NASHVILLE & DAVIDSONCNTY TN SPORTS AUTH                        | CUSIP: 592090JY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2010000 | PA      | $2127943.18   | 0.15%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL DEDICATED ST TAX REVENUE                  | CUSIP: 592247K33<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |  20000000 | PA      | $15293150.00  | 1.06%             | 2033-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                                     | CUSIP: 6459182D4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |  14920000 | PA      | $14936729.80  | 1.03%             | 2043-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Aubrey Independent School District                                               | AUBREY TX INDEP SCH DIST                                                | CUSIP: 050195XB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1346651.70   | 0.09%             | 2052-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE                          | CUSIP: 64971XL48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $19463.83     | 0.00%             | 2043-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                | CALIFORNIA HSG FIN AGY LTD OBLIG MF HSG REVENUE                         | CUSIP: 13034DBV5<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   2120000 | PA      | $2102412.27   | 0.15%             | 2036-04-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI RETMNT FAC REVENUE                                   | CUSIP: 74444VAR1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    845000 | PA      | $792156.07    | 0.05%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Kentucky                                                           | UNIV OF KENTUCKY LEASE PURCHASE OBLIGS                                  | CUSIP: 914383BP8<br>LEI: 549300CXE3YQ1HXYCQ71 | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1637750.77   | 0.11%             | 2055-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE                   | CUSIP: 51265KAZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100559.89    | 0.01%             | 2027-05-01      | Fixed         | 4.63%                 | 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        |  14170000 | PA      | $14281177.82  | 0.99%             | 2040-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                     | MICHIGAN ST HSG DEV AUTH RENTAL HSG REVENUE                             | CUSIP: 59465PEJ3<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   8405000 | PA      | $8600295.22   | 0.60%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                           | CUSIP: 592647PE5<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   8340000 | PA      | $8802437.15   | 0.61%             | 2055-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                          | CUSIP: 63607WBK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5250000 | PA      | $5241093.90   | 0.36%             | 2037-09-28      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL DEDICATED ST TAX REVENUE                  | CUSIP: 592247K58<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |  41880000 | PA      | $30695916.68  | 2.12%             | 2034-12-15      | None          | 0.00%                 | 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      | $330087.97    | 0.02%             | 2038-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE                    | CUSIP: 709225GL4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |  10005000 | PA      | $10433525.16  | 0.72%             | 2052-12-01      | Fixed         | 5.25%                 | 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        |  11975000 | PA      | $9497622.78   | 0.66%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE             | CUSIP: 13013JDD5<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   4935000 | PA      | $5387593.79   | 0.37%             | 2054-10-01      | Floating      | 5.50%                 | 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        |    885000 | PA      | $900088.37    | 0.06%             | 2053-12-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH MF HSG REVENUE                              | CUSIP: 130483KT6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2379831.84   | 0.16%             | 2038-02-01      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                            | CUSIP: 646140JF1<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   6605000 | PA      | $7051036.97   | 0.49%             | 2055-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                               | HOUSTON TX                                                              | CUSIP: 442332EE8<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1835463.20   | 0.13%             | 2051-03-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                                      | CUSIP: 249182QW9<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |  10299999 | PA      | $9365694.23   | 0.65%             | 2047-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI ARPT FACS REVENUE                                    | CUSIP: 74443CAC7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000251.20   | 0.07%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX                 | CUSIP: 89602HEQ6<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6902392.25   | 0.48%             | 2052-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                             | CUSIP: 64966SMF0<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1285325.15   | 0.09%             | 2053-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                             | CUSIP: 442349HX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1106906.00   | 0.08%             | 2037-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                                      | CUSIP: 19648FWS9<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2625359.25   | 0.18%             | 2042-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                 | CUSIP: 646136WK3<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   7260000 | PA      | $4520966.08   | 0.31%             | 2038-12-15      | None          | 0.00%                 | 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        |   9320000 | PA      | $9323426.03   | 0.65%             | 2042-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 15                                     | VILLAGE CDD NO 15 SPL ASSMNT REVENUE                                    | CUSIP: 92708KAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $695894.43    | 0.05%             | 2054-05-01      | Fixed         | 5.25%                 | 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      | $4582796.94   | 0.32%             | 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      | $1792882.96   | 0.12%             | 2048-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| East Point Business & Industrial Development Authority                           | EAST PT GA BUSINESS & INDL DEV AUTHORITY REVENUE                        | CUSIP: 274502AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1005000 | PA      | $603000.00    | 0.04%             | 2062-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE             | CUSIP: 13013JAR7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3347146.60   | 0.23%             | 2052-02-01      | Floating      | 3.54%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | MIAMI-DADE CNTY FL AVIATION REVENUE                                     | CUSIP: 593340AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2735382 | PA      | $2827360.87   | 0.20%             | 2050-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA FIN AUTH IN WSTWTR UTIL REVENUE                                 | CUSIP: 45505MLT1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2025000 | PA      | $1833375.26   | 0.13%             | 2051-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                            | UTAH ST CHRT SCH FIN AUTH CHRT SCH REVENUE                              | CUSIP: 91754TYL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $186420.13    | 0.01%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Urban Development Corp                                            | NEW YORK ST URBAN DEV CORP REVENUE                                      | CUSIP: 650036FT8<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   7790000 | PA      | $8414638.81   | 0.58%             | 2041-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                           | CUSIP: 70917TRY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4875000 | PA      | $4444345.43   | 0.31%             | 2054-11-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                                   | CUSIP: 167505TG1<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1317734.02   | 0.09%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Walnut Valley Unified School District                                            | WALNUT VLY CA UNIF SCH DIST                                             | CUSIP: 932889TV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6545000 | PA      | $4417496.04   | 0.31%             | 2036-08-01      | 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: 74529JRH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    152000 | PA      | $150277.96    | 0.01%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Connecticut Housing Finance Authority                                            | CONNECTICUT ST HSG FIN AUTH HSG MTGE FIN PROGRAM                        | CUSIP: 20775HH48<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |   2295000 | PA      | $2476751.84   | 0.17%             | 2054-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | WASHINGTON DC MET AREA TRANSIT AUTH DEDICATED REVENUE                   | CUSIP: 93878YDY2<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |   5195000 | PA      | $4934337.24   | 0.34%             | 2059-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | WASHINGTON DC MET AREA TRANSIT AUTH DEDICATED REVENUE                   | CUSIP: 93878YCS6<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |   2465000 | PA      | $2357499.13   | 0.16%             | 2047-07-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                          | CUSIP: 63607WAQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1995728 | PA      | $1991022.61   | 0.14%             | 2041-07-20      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH                                    | CUSIP: 60635H4C0<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    665000 | PA      | $665602.96    | 0.05%             | 2054-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                              | CUSIP: 735389V96<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   4350000 | PA      | $4453990.23   | 0.31%             | 2047-08-01      | 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        |   8015000 | PA      | $8019295.24   | 0.56%             | 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        |   2175000 | PA      | $2290923.15   | 0.16%             | 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      | $1598909.47   | 0.11%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                            | CUSIP: 45204FN50<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     15000 | PA      | $14734.30     | 0.00%             | 2041-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Downtown Revitalization Public Infrastructure District                           | DOWNTOWN REVITALIZATION PUBLIC INFRASTRUCTURE DIST UT SALES             | CUSIP: 26118TBV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1504210.98   | 0.10%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Eagle Mountain & Saginaw Independent School District                             | EAGLE MOUNTAIN & SAGINAW TX INDEP SCH DIST                              | CUSIP: 269696SF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $763045.00    | 0.05%             | 2054-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EP Royal Estates PFC                                                             | EP ROYAL ESTATES PFC TX RSDL DEV REVENUE                                | CUSIP: 29415NAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $665912.65    | 0.05%             | 2039-10-01      | Fixed         | 4.25%                 | 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      | $10911243.00  | 0.76%             | 2054-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Philadelphia Gas Works Co                                                        | PHILADELPHIA PA GAS WKS REVENUE                                         | CUSIP: 71783MDE2<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |   4580000 | PA      | $4808508.11   | 0.33%             | 2049-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP                                                 | CUSIP: 340618DR5<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   3560000 | PA      | $3464096.80   | 0.24%             | 2044-07-01      | Fixed         | 5.00%                 | 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        |   2385000 | PA      | $2387525.24   | 0.17%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                                        | CUSIP: 57582R4C7<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   6285000 | PA      | $6538214.48   | 0.45%             | 2050-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                                     | CUSIP: 744396GT3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    590000 | PA      | $489285.70    | 0.03%             | 2051-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP EXEMPT FAC REVENUE                       | CUSIP: 650110AE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1019930.08   | 0.07%             | 2053-04-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE                       | CUSIP: 74529JPW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3122000 | PA      | $2976610.65   | 0.21%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                          | CUSIP: 126292CQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $234252.17    | 0.02%             | 2037-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                           | CUSIP: 13063AEB6<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10023.42     | 0.00%             | 2030-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Seminole Improvement District                                                    | SEMINOLE FL IMPT DIST UTILS REVENUE                                     | CUSIP: 816751AC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $270164.54    | 0.02%             | 2037-10-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| City of Grand Forks ND                                                           | GRAND FORKS ND HLTH CARE SYS REVENUE                                    | CUSIP: 38546WEP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $650876.67    | 0.05%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clackamas County School District No 12 North Clackamas                           | CLACKAMAS CNTY OR SCH DIST #12 NORTH CLACKAMAS                          | CUSIP: 179093LF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $1463052.00   | 0.10%             | 2038-06-15      | None          | 0.00%                 | 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        |   1995000 | PA      | $1996301.34   | 0.14%             | 2040-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | MIAMI-DADE CNTY FL AVIATION REVENUE                                     | CUSIP: 593340AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10825000 | PA      | $11365658.96  | 0.79%             | 2055-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE                       | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20922000 | PA      | $20321643.21  | 1.41%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE             | CUSIP: 13013JFS0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   6125000 | PA      | $6282800.21   | 0.43%             | 2055-11-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Las Vegas NV Special Improvement District No 814                         | LAS VEGAS NV SPL IMPT DIST #814                                         | CUSIP: 51778UAS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    960000 | PA      | $875461.63    | 0.06%             | 2044-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                            | CUSIP: 646140FX6<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   5255065 | PA      | $5609280.39   | 0.39%             | 2049-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL EDU FACS FINCORP TX EDU REVENUE                       | CUSIP: 64542QBP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1187109.82   | 0.08%             | 2050-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE                    | CUSIP: 709225KY1<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8465000.80   | 0.59%             | 2054-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | IOWA ST FIN AUTH REVENUE                                                | CUSIP: 46247SFV1<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    850000 | PA      | $797723.39    | 0.06%             | 2059-05-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                                      | CUSIP: 74514L3J4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1294889 | PA      | $1399691.49   | 0.10%             | 2031-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Colorado Housing and Finance Authority                                           | COLORADO ST HSG & FIN AUTH                                              | CUSIP: 19648GLT7<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   3425000 | PA      | $3375799.19   | 0.23%             | 2054-10-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | OHIO ST HOSP REVENUE                                                    | CUSIP: 67756CFY9<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   4420000 | PA      | $3903061.99   | 0.27%             | 2050-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                           | CUSIP: 452252NP0<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8282518.40   | 0.57%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116HY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9950000 | PA      | $10102480.77  | 0.70%             | 2060-06-30      | Fixed         | 5.38%                 | 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        |   9915000 | PA      | $10100617.72  | 0.70%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                                    | CUSIP: 57585BPC6<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   3435000 | PA      | $3641464.45   | 0.25%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York State Urban Development Corp                                            | NEW YORK ST URBAN DEV CORP REVENUE                                      | CUSIP: 650036FV3<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10688577.00  | 0.74%             | 2043-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                             | SAN DIEGO CA UNIF SCH DIST                                              | CUSIP: 797355Q31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3485000 | PA      | $3004563.48   | 0.21%             | 2031-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                               | GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE                          | CUSIP: 392275FK4<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   5138507 | PA      | $5329675.24   | 0.37%             | 2051-10-01      | 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: 60637ARH7<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $8690713.00   | 0.60%             | 2053-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Water & Sewer System Revenue                             | MIAMI-DADE CNTY FL WTR & SWR REVENUE                                    | CUSIP: 59334DQP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3740000 | PA      | $3858656.36   | 0.27%             | 2055-10-01      | Fixed         | 5.00%                 | 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      | $235716.77    | 0.02%             | 2050-09-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| State of Oregon Housing & Community Services Department                          | OREGON ST HSG & CMNTY SVCS                                              | CUSIP: 68608EJQ6<br>LEI: 549300N3PYWYJ0Z8N757 | Long             | DBT              | MUN               | US        |    599756 | PA      | $604916.28    | 0.04%             | 2026-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Airport System Revenue                                      | BROWARD CNTY FL ARPT SYS REVENUE                                        | CUSIP: 114894YS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $556608.23    | 0.04%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Transportation Infrastructure Authority                          | KENTUCKY PUB TRANSPRTN INFRASTRUCTURE AUTH TOLL REVENUE                 | CUSIP: 491397AT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8225000 | PA      | $9334346.05   | 0.65%             | 2039-07-01      | Floating      | 6.60%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                              | CUSIP: 7353892S6<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |  11970000 | PA      | $12474859.56  | 0.86%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                            | CUSIP: 167591AF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11020000 | PA      | $11407133.70  | 0.79%             | 2060-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA PUB FACS AUTH REVENUE                                         | CUSIP: 546399SZ0<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   2075000 | PA      | $2131680.08   | 0.15%             | 2064-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City of Hutto TX                                                                 | HUTTO TX                                                                | CUSIP: 448474ZR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2135000 | PA      | $2002885.77   | 0.14%             | 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        |   1050000 | PA      | $1048766.67   | 0.07%             | 2047-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St Paul Metropolitan Airports Commission                             | MINNEAPOLIS-SAINT PAUL MN MET ARPTS COMMISSION ARPT REVENUE             | CUSIP: 603827Q82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8109580 | PA      | $8306536.72   | 0.57%             | 2049-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF HSG REV                                | CUSIP: 64972KNK7<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   4120000 | PA      | $4153500.96   | 0.29%             | 2060-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Sales Tax Receipts Fund                                | CHICAGO IL TRANSIT AUTH SALES TAX RECPTS REVENUE                        | CUSIP: 16772PBY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4565000 | PA      | $4582572.97   | 0.32%             | 2046-12-01      | 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      | $1347759.96   | 0.09%             | 2043-07-01      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Idaho Health Facilities Authority                                                | IDAHO ST HLTH FACS AUTH REVENUE                                         | CUSIP: 451295H44<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1287834.86   | 0.09%             | 2053-03-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COMMODITY SPLY REVENUE                         | CUSIP: 84136FBM8<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   9645000 | PA      | $10036379.63  | 0.69%             | 2053-01-01      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI TOLL REVENUE                                         | CUSIP: 74448UAC2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   5880000 | PA      | $6467844.77   | 0.45%             | 2065-12-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | SAN ANTONIO TX ELEC & GAS REVENUE                                       | CUSIP: 79625GMF7<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4759904.25   | 0.33%             | 2049-02-01      | Fixed         | 5.25%                 | 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        |  17380000 | PA      | $17388328.50  | 1.20%             | 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        |   3310000 | PA      | $3172964.01   | 0.22%             | 2047-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                           | TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE                    | CUSIP: 896035CD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16736652 | PA      | $15860935.11  | 1.10%             | 2058-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                            | CUSIP: 167593X98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6900000 | PA      | $7109408.10   | 0.49%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                                        | CUSIP: 57582TCB6<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |  16200000 | PA      | $16891686.54  | 1.17%             | 2051-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ysleta Independent School District                                               | YSLETA TX INDEP SCH DIST                                                | CUSIP: 98816PFN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9670000 | PA      | $8978267.19   | 0.62%             | 2056-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                           | CUSIP: 59261AMB0<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   3050000 | PA      | $3058304.54   | 0.21%             | 2057-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                            | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE                    | CUSIP: 13034A7E4<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   5205000 | PA      | $3018900.00   | 0.21%             | 2065-01-01      | Floating      | 12.00%                | No            |                  2 | On Loan: No      |
| Sacramento Metropolitan Fire District                                            | SACRAMENTO CA MET FIRE DIST                                             | CUSIP: 785880BH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1485000 | PA      | $1362559.52   | 0.09%             | 2055-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE                       | CUSIP: 56035DFK3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2445000 | PA      | $2589073.09   | 0.18%             | 2053-09-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| JEA Water & Sewer System Revenue                                                 | JEA FL WTR & SWR REVENUE                                                | CUSIP: 46615SFN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9830000 | PA      | $10460224.01  | 0.72%             | 2049-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                           | PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE                      | CUSIP: 70342PAR5<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   7215000 | PA      | $7743964.12   | 0.54%             | 2054-02-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp                                                     | FLORIDA HSG FIN CORP REVENUE                                            | CUSIP: 34074NFS3<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   2585000 | PA      | $2617095.10   | 0.18%             | 2050-07-01      | 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        |   9800000 | PA      | $7138102.44   | 0.49%             | 2051-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION                                        | CUSIP: 93978UDT0<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   2021854 | PA      | $1949455.94   | 0.13%             | 2041-11-20      | Variable      | 4.08%                 | 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      | $585769.67    | 0.04%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH MF HSG REVENUE                              | CUSIP: 130483KQ2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2408106.24   | 0.17%             | 2037-12-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Garden State Preservation Trust                                                  | GARDEN ST PRESERVATION TRUST NJ OPEN SPACE & FARMLAND PRESER            | CUSIP: 365418BX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6340000 | PA      | $6635014.15   | 0.46%             | 2028-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority                                      | CUSIP: 64990AHW8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   9794998 | PA      | $10076973.34  | 0.70%             | 2041-03-15      | Fixed         | 5.00%                 | 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        |  13145000 | PA      | $12110817.13  | 0.84%             | 2048-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Westside Community Development District                                          | WESTSIDE FL CDD SPL ASSMNT REVENUE                                      | CUSIP: 96149TAQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $623889.15    | 0.04%             | 2037-05-01      | Fixed         | 4.10%                 | 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        |  13298348 | PA      | $14029981.56  | 0.97%             | 2049-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH REVENUE                                        | CUSIP: 45203MJZ5<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |    985000 | PA      | $1024411.52   | 0.07%             | 2042-10-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                             | CUSIP: 70879QUL5<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   6555000 | PA      | $6774639.04   | 0.47%             | 2051-04-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                               | CUSIP: 8371515U9<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   3465000 | PA      | $3540765.34   | 0.25%             | 2055-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grossmont Union High School District                                             | GROSSMONT CA UNION HIGH SCH DIST                                        | CUSIP: 399262EG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5110000 | PA      | $4410015.34   | 0.31%             | 2031-08-01      | None          | 0.00%                 | 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      | $206038.01    | 0.01%             | 2045-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                       | CUSIP: 09182TCQ8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   4765000 | PA      | $5065397.99   | 0.35%             | 2054-01-01      | Floating      | 5.25%                 | 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        |   3960000 | PA      | $4320852.23   | 0.30%             | 2054-04-01      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| Massachusetts Housing Finance Agency                                             | MASSACHUSETTS ST HSG FIN AGY                                            | CUSIP: 57586NS44<br>LEI: 549300NLJBK1VP6K2K81 | Long             | DBT              | MUN               | US        |    350000 | PA      | $346933.23    | 0.02%             | 2042-12-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                              | PORT OF PORTLAND OR ARPT REVENUE                                        | CUSIP: 7352403K7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3495000 | PA      | $3655590.01   | 0.25%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Fort Lauderdale FL Water & Sewer Revenue                                 | FORT LAUDERDALE FL WTR & SWR REVENUE                                    | CUSIP: 347658ZY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3370000 | PA      | $3628560.22   | 0.25%             | 2053-09-01      | Fixed         | 5.50%                 | 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      | $520734.03    | 0.04%             | 2056-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                                      | CUSIP: 249182TF3<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5647738.50   | 0.39%             | 2037-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                             | CUSIP: 442349JV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9770000 | PA      | $10299956.06  | 0.71%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Lee FL Airport Revenue                                                 | LEE CNTY FL ARPT REVENUE                                                | CUSIP: 523470HW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2950000 | PA      | $3058364.12   | 0.21%             | 2049-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                               | GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE                          | CUSIP: 392274Z82<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   5060000 | PA      | $5328897.00   | 0.37%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                           | CUSIP: 97712JKM4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   6120000 | PA      | $6362411.36   | 0.44%             | 2054-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Housing & Redevelopment Authority of The City of St Paul Minnesota               | SAINT PAUL MN HSG & REDEV AUTH CHRT SCH LEASE REVENUE                   | CUSIP: 852297CK4<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    695000 | PA      | $656165.07    | 0.05%             | 2052-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE                       | CUSIP: 56035DGB2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3199852.80   | 0.22%             | 2053-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH EDU REVENUE                              | CUSIP: 56681NEP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    855000 | PA      | $783965.32    | 0.05%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority/FL                                   | LEE CNTY FL INDL DEV AUTH HLTHCR FACS REVENUE                           | CUSIP: 52349EES5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1022908.84   | 0.07%             | 2029-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                             | CUSIP: 442349JV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4778047 | PA      | $5037223.95   | 0.35%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Dallas Independent School District                                               | DALLAS TX INDEP SCH DIST                                                | CUSIP: 235308M42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1458789.28   | 0.10%             | 2053-02-15      | Fixed         | 4.00%                 | 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      | $728236.31    | 0.05%             | 2053-01-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| California State University                                                      | CALIFORNIA ST UNIV REVENUE                                              | CUSIP: 13077DWH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7040000 | PA      | $7116831.04   | 0.49%             | 2056-11-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                            | CUSIP: 167593X72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6735018.50   | 0.47%             | 2048-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                                 | NEW YORK ST THRUWAY AUTH PERSONAL INCOME TAX REVENUE                    | CUSIP: 650028ZR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3325000 | PA      | $3059309.56   | 0.21%             | 2056-03-15      | Fixed         | 4.13%                 | 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      | $577499.87    | 0.04%             | 2049-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH UPMC REVENUE                         | CUSIP: 70870JJZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4600000 | PA      | $4797613.24   | 0.33%             | 2051-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                 | MINNESOTA ST HSG FIN AGY                                                | CUSIP: 60416TXY9<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |   2760000 | PA      | $2931357.08   | 0.20%             | 2042-07-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Centerra Metropolitan District No 1                                              | CENTERRA CO MET DIST #1 SPL REVENUE                                     | CUSIP: 15200XAG8<br>LEI: 549300SHE5ZPSMGZH793 | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1024920.26   | 0.07%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT OF SEATTLE WA REVENUE                                                       | PORT OF SEATTLE WA REVENUE                                              | CUSIP: 735389R26<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   5390000 | PA      | $5526441.38   | 0.38%             | 2046-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                            | CUSIP: 1675935F5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3990000 | PA      | $4207778.19   | 0.29%             | 2059-01-01      | Fixed         | 5.50%                 | 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        |   2250000 | PA      | $1350000.00   | 0.09%             | 2062-11-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Poway Unified School District                                                    | POWAY CA UNIF SCH DIST                                                  | CUSIP: 738850RA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7820000 | PA      | $5822395.08   | 0.40%             | 2035-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA ST DEV FIN AUTH HLTHSYS REVENUE                                | CUSIP: 67884XCK1<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1620433.59   | 0.11%             | 2052-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                                     | CUSIP: 744396GG1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    200000 | PA      | $185617.88    | 0.01%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP HOSP REVENUE                 | CUSIP: 87638QSE0<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   3070000 | PA      | $3157373.12   | 0.22%             | 2051-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 65000B6M5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2223556.23   | 0.15%             | 2054-05-01      | Fixed         | 5.25%                 | 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      | $2251316.70   | 0.16%             | 2031-04-01      | Fixed         | 5.75%                 | 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        |   6288000 | PA      | $5990513.46   | 0.41%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Alabama Special Care Facilities Financing Authority-Birmingham AL                | ALABAMA ST SPL CARE FACS FINGAUTH BIRMINGHAM REVENUE                    | CUSIP: 010399CR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11790000 | PA      | $11792791.87  | 0.82%             | 2046-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rio Hondo Community College District/CA                                          | RIO HONDO CA CMNTY CLG DIST                                             | CUSIP: 767121DJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12940000 | PA      | $8398753.58   | 0.58%             | 2038-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Westchester Tobacco Asset Securitization Corp                                    | WESTCHESTER NY TOBACCO ASSET SECURITIZATION                             | CUSIP: 957480BU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2740000 | PA      | $2379410.25   | 0.16%             | 2051-06-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Municipality of Anchorage AK                                                     | ANCHORAGE AK PORT REVENUE                                               | CUSIP: 033252CL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1330000 | PA      | $1181188.56   | 0.08%             | 2060-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Long Beach Unified School District                                               | LONG BEACH CA UNIF SCH DIST                                             | CUSIP: 542433NA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3861177.50   | 0.27%             | 2034-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp/VA                                             | TOBACCO SETTLEMENT FING CORP VA                                         | CUSIP: 88880NAU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6320000 | PA      | $5287291.78   | 0.37%             | 2047-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Queen Creek AZ                                                           | QUEEN CREEK AZ COPS                                                     | CUSIP: 74823NAS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11975000 | PA      | $12683965.51  | 0.88%             | 2065-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| University of Florida Department of Housing & Residence Education Hsg Sys Rev    | FLORIDA ST BRD OF GOVERNORS UNIV OF FLORIDA DORM REVENUE                | CUSIP: 34157TEJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $711824.10    | 0.05%             | 2051-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Westside Community Development District                                          | WESTSIDE FL CDD SPL ASSMNT REVENUE                                      | CUSIP: 96149TAR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    630000 | PA      | $608725.22    | 0.04%             | 2038-05-01      | Fixed         | 4.13%                 | 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: 64972GK29<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   6135291 | PA      | $6360451.99   | 0.44%             | 2051-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                             | JEFFERSON CNTY AL SWR REVENUE WARRANTS                                  | CUSIP: 472682ZS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1106490.96   | 0.08%             | 2053-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                        | ORANGE CNTY FL HLTH FACS AUTH REVENUE                                   | CUSIP: 68450LGQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1720493.40   | 0.12%             | 2052-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                              | CUSIP: 64972JTG3<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1411355.64   | 0.10%             | 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        |   1995000 | PA      | $2085905.57   | 0.14%             | 2053-11-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Corpus Christi TX Utility System Revenue                                 | CORPUS CHRISTI TX UTILITY SYSREVENUE                                    | CUSIP: 220245Y73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8025000 | PA      | $7340624.79   | 0.51%             | 2053-07-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                              | CUSIP: 64972JXS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7172781 | PA      | $7511759.71   | 0.52%             | 2055-05-01      | Fixed         | 5.25%                 | 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        |   5325000 | PA      | $4943465.88   | 0.34%             | 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        |   8990000 | PA      | $9295343.55   | 0.64%             | 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      | $2981869.80   | 0.21%             | 2049-10-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Conroe Independent School District                                               | CONROE TX INDEP SCH DIST                                                | CUSIP: 2084185M1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13865000 | PA      | $12742416.12  | 0.88%             | 2050-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP                                                 | CUSIP: 340618DW4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    800000 | PA      | $799444.88    | 0.06%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                                | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                            | CUSIP: 649519DW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $303414.09    | 0.02%             | 2051-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                           | Los Angeles Unified School District/CA                                  | CUSIP: 544647GD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9750000 | PA      | $10436730.53  | 0.72%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Housing & Mortgage Finance Agency                                     | NEW JERSEY ST HSG & MTGE FIN AGY REVENUE                                | CUSIP: 64613ALS9<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |   6220000 | PA      | $6345631.56   | 0.44%             | 2050-10-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                                     | CUSIP: 744396GS5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    895000 | PA      | $817899.78    | 0.06%             | 2041-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                            | MONTGOMERY CNTY PA INDL DEV AUTH                                        | CUSIP: 61360PCM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1560352.36   | 0.11%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Waller Consolidated Independent School District                                  | WALLER TX INDEP SCH DIST                                                | CUSIP: 932493LY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $2980417.77   | 0.21%             | 2053-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                           | CUSIP: 59261AG50<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    760000 | PA      | $771491.12    | 0.05%             | 2055-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                                     | CUSIP: 744396GJ5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    870000 | PA      | $639864.12    | 0.04%             | 2061-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                                    | CUSIP: 57584XD57<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   4920000 | PA      | $4919869.13   | 0.34%             | 2047-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                                      | CUSIP: 249182LW4<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1803288.96   | 0.12%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE                    | CUSIP: 709224C98<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   2330000 | PA      | $2381128.82   | 0.16%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY SOL WST DISP REVENUE                         | CUSIP: 12008HAC3<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1970000 | PA      | $1972687.08   | 0.14%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Everett WA Water & Sewer Revenue                                         | EVERETT WA WTR & SWR REVENUE                                            | CUSIP: 300060RV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10369999 | PA      | $10737975.53  | 0.74%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Community College District                                                | AUSTIN TX CMNTY CLG DIST                                                | CUSIP: 052403LB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5260000 | PA      | $5529317.26   | 0.38%             | 2055-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                             | CUSIP: 89602RLU7<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1415000 | PA      | $1264529.04   | 0.09%             | 2054-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                                    | CUSIP: 04052BJX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    810000 | PA      | $748813.17    | 0.05%             | 2039-07-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                                   | CUSIP: 167505QP4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1434092.83   | 0.10%             | 2035-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp III                                | TEXAS ST MUNI GAS ACQUISITION& SPLY CORP III GAS SPLY REVEN             | CUSIP: 88256HBH0<br>LEI: 0UDITKOYW0YKG3BBP242 | Long             | DBT              | MUN               | US        |   5740000 | PA      | $6154227.67   | 0.43%             | 2032-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                             | CUSIP: 442349DG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $700531.68    | 0.05%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116JJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4395000 | PA      | $4694596.16   | 0.32%             | 2060-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE                       | CUSIP: 74529JQM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6927000 | PA      | $6686215.40   | 0.46%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                           | CUSIP: 592647NF4<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1480925.88   | 0.10%             | 2049-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Maryland Stadium Authority                                                       | MARYLAND STADIUM AUTH BUILT TO LEARN REVENUE                            | CUSIP: 574294CV4<br>LEI: 549300VA283TTQRDNF71 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1083095.48   | 0.07%             | 2054-06-01      | 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        |   2630000 | PA      | $2788432.52   | 0.19%             | 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        |   4510000 | PA      | $3834588.71   | 0.27%             | 2051-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                           | TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE                    | CUSIP: 896035CA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2770000 | PA      | $2562254.99   | 0.18%             | 2053-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP RETMNT FAC REVENU            | CUSIP: 87638RFP7<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3250980.20   | 0.23%             | 2040-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH THERMAL ENERGY SYSTEM UTILITY REVENUE               | CUSIP: 45471GAX7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2180000 | PA      | $2309877.64   | 0.16%             | 2050-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                               | GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE                          | CUSIP: 392275FK4<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   4620000 | PA      | $4791878.32   | 0.33%             | 2051-10-01      | Fixed         | 5.25%                 | 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      | $3210050.01   | 0.22%             | 2053-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                       | CUSIP: 09182TEN3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  15340000 | PA      | $16339690.93  | 1.13%             | 2055-03-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the County of Pima/The                       | PIMA CNTY AZ INDL DEV AUTH EDU REVENUE                                  | CUSIP: 72177MSW8<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   1620000 | PA      | $1403421.23   | 0.10%             | 2052-06-15      | 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      | $1833075.21   | 0.13%             | 2047-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of DeKalb GA Water & Sewerage Revenue                                     | DE KALB CNTY GA WTR & SWR REVENUE                                       | CUSIP: 240523F47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3634821.40   | 0.25%             | 2055-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nebraska Investment Finance Authority                                            | NEBRASKA ST INVESTMENT FIN AUTH SF HSG REVENUE                          | CUSIP: 63968M7T0<br>LEI: 549300OIIXIM3SRZWK33 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1446982.26   | 0.10%             | 2051-09-01      | Fixed         | 4.70%                 | 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      | $641767.74    | 0.04%             | 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      | $461019.35    | 0.03%             | 2045-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Denver Convention Center Hotel Authority                                         | DENVER CO CONVENTION CENTER HOTEL AUTH REVENUE                          | CUSIP: 249189DS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3605000 | PA      | $3608021.71   | 0.25%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE                        | CUSIP: 57421CKA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2072363.40   | 0.14%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Harris TX                                                              | HARRIS CNTY TX                                                          | CUSIP: 4140054E5<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |   3480000 | PA      | $3213148.73   | 0.22%             | 2049-09-15      | Fixed         | 4.00%                 | 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      | $1812168.19   | 0.13%             | 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        |   4180000 | PA      | $4365435.25   | 0.30%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Henderson KY                                                             | HENDERSON KY EXEMPT FACS REVENUE                                        | CUSIP: 425099AB4<br>LEI: 549300UJ32J1O26W1T80 | Long             | DBT              | MUN               | US        |    475000 | PA      | $440552.48    | 0.03%             | 2052-01-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                           | CUSIP: 70917TSA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2490000 | PA      | $2579353.90   | 0.18%             | 2054-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Vancouver Housing Authority                                                      | VANCOUVER WA HSG AUTH                                                   | CUSIP: 921626QH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1071031.31   | 0.07%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                 | CUSIP: 64613CHQ4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1831704.65   | 0.13%             | 2050-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of King WA Sewer Revenue                                                  | KING CNTY WA SWR REVENUE                                                | CUSIP: 495290EF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1317898.27   | 0.09%             | 2040-01-01      | Floating      | 3.32%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                        | ORANGE CNTY FL HLTH FACS AUTH REVENUE                                   | CUSIP: 68450LJQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1925000 | PA      | $1999113.46   | 0.14%             | 2056-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                              | CUSIP: 64972JMK1<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   8413601 | PA      | $8655957.93   | 0.60%             | 2050-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Municipal Power Authority                                               | OKLAHOMA ST MUNI PWR AUTH                                               | CUSIP: 67910HTA8<br>LEI: 54930074Q1M8747DCS20 | Long             | DBT              | MUN               | US        |   3760000 | PA      | $3975015.60   | 0.28%             | 2056-01-01      | Fixed         | 5.25%                 | 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      | $4243150.01   | 0.29%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                              | CUSIP: 64972JWM6<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   2280000 | PA      | $2394948.02   | 0.17%             | 2052-05-01      | Fixed         | 5.25%                 | 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        |   2845000 | PA      | $2868286.04   | 0.20%             | 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      | $1742757.48   | 0.12%             | 2053-10-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Sierra Vista Industrial Development Authority                                    | SIERRA VISTA AZ INDL DEV AUTH AUTH ED FAC REV                           | CUSIP: 82652UAF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2414883.50   | 0.17%             | 2053-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116GZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9999998 | PA      | $10045339.49  | 0.70%             | 2060-06-30      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | PHILADELPHIA PA AUTH FOR INDL DEV UNIV REVENUE                          | CUSIP: 71780TBL6<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   2440000 | PA      | $2499791.71   | 0.17%             | 2052-11-01      | Fixed         | 5.25%                 | 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: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |    305000 | PA      | $306115.54    | 0.02%             | 2051-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH EDUCTNL FACS REVENUE               | CUSIP: 83704MCH7<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1154202.73   | 0.08%             | 2062-08-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF HSG REV                                | CUSIP: 64972KPK5<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |  12555000 | PA      | $12598737.85  | 0.87%             | 2056-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tallahassee FL                                                           | TALLAHASSEE FL CAPITAL BONDS                                            | CUSIP: 874458MU3<br>LEI: 549300MPY4HDPK8B1G15 | Long             | DBT              | MUN               | US        |   3320000 | PA      | $3475299.64   | 0.24%             | 2055-10-01      | Fixed         | 5.25%                 | 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      | $1649478.98   | 0.11%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tuscaloosa County Industrial Development Authority                               | TUSCALOOSA CNTY AL INDL DEV AUTH GULF OPPORTUNITY ZONE                  | CUSIP: 90068FAZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1621263.24   | 0.11%             | 2044-05-01      | Fixed         | 5.25%                 | 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        |   4715000 | PA      | $4629900.38   | 0.32%             | 2041-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE                    | CUSIP: 709225GH3<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1624421.70   | 0.11%             | 2044-12-01      | Fixed         | 5.25%                 | 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      | $1584116.71   | 0.11%             | 2049-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tampa Bay Water                                                                  | TAMPA BAY FL WTR REGL WTR SPLY AUTH UTILITY SYS REVENUE                 | CUSIP: 875124HX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5793028 | PA      | $6155217.26   | 0.43%             | 2054-10-01      | Fixed         | 5.25%                 | 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        |    920000 | PA      | $971147.03    | 0.07%             | 2049-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116HT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6730000 | PA      | $6809624.65   | 0.47%             | 2054-12-31      | 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        |   1725000 | PA      | $1808513.46   | 0.13%             | 2052-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                                    | CUSIP: 04052BJZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    945000 | PA      | $814882.48    | 0.06%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE                  | CUSIP: 60637APW6<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2630000 | PA      | $2283646.62   | 0.16%             | 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      | $1483241.94   | 0.10%             | 2058-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                           | CUSIP: 452252PQ6<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1041623.70   | 0.07%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL REVENUE                                            | CUSIP: 14052WDK0<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1405570.04   | 0.10%             | 2055-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                                   | CUSIP: 167505XR2<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $988418.60    | 0.07%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                          | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE                             | CUSIP: 594698QV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10080000 | PA      | $9970934.40   | 0.69%             | 2048-06-30      | Fixed         | 5.00%                 | 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      | $1036171.21   | 0.07%             | 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        |   1530000 | PA      | $1408923.60   | 0.10%             | 2046-12-01      | Fixed         | 5.00%                 | 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        |   8170000 | PA      | $8838038.02   | 0.61%             | 2053-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Hotel Occupancy Tax & Special Revenue                         | HOUSTON TX HOTEL OCCUPANCY TAX & SPL REVENUE                            | CUSIP: 44237NMW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6495000 | PA      | $6818565.31   | 0.47%             | 2058-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                                   | CUSIP: 73358XCK6<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2632684.00   | 0.18%             | 2039-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                 | MINNESOTA ST HSG FIN AGY                                                | CUSIP: 60416TYA0<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |   2310000 | PA      | $2451693.09   | 0.17%             | 2053-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                           | TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE                    | CUSIP: 896035DG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5149999 | PA      | $4659290.51   | 0.32%             | 2064-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                 | CUSIP: 646136WG2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $7146905.00   | 0.49%             | 2035-12-15      | None          | 0.00%                 | 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      | $444386.69    | 0.03%             | 2042-10-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE                    | CUSIP: 709224QF9<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   4740000 | PA      | $4748774.21   | 0.33%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE                       | CUSIP: 56035DFC1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2915000 | PA      | $3081698.94   | 0.21%             | 2053-07-01      | Floating      | 5.00%                 | 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      | $460294.24    | 0.03%             | 2051-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                 | KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE                         | CUSIP: 74440DFC3<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   8285000 | PA      | $8781959.98   | 0.61%             | 2055-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                                   | CUSIP: 167505ZM1<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2976533.40   | 0.21%             | 2050-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                            | CUSIP: 167593Y55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2420000 | PA      | $2296630.09   | 0.16%             | 2056-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Poway Unified School District                                                    | POWAY CA UNIF SCH DIST                                                  | CUSIP: 738850RH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $4083703.00   | 0.28%             | 2046-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Terrell Independent School District/TX                                           | TERRELL TX INDEP SCH DIST                                               | CUSIP: 881405NZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3220000 | PA      | $3407887.97   | 0.24%             | 2055-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH SYS REVENUE                                    | CUSIP: 45470YGC9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1434905.69   | 0.10%             | 2047-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                                    | CUSIP: 04052BJP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1149084.66   | 0.08%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                                | TOBACCO SETTLEMENT FING CORP NJ                                         | CUSIP: 888808HQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3565000 | PA      | $3531858.69   | 0.24%             | 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        |  10330000 | PA      | $10042581.18  | 0.70%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clackamas County School District No 12 North Clackamas                           | CLACKAMAS CNTY OR SCH DIST #12 NORTH CLACKAMAS                          | CUSIP: 179093LA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $178114.95    | 0.01%             | 2038-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority                                              | CUSIP: 45204EA24<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |  20000000 | PA      | $20376682.00  | 1.41%             | 2042-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mobile County Industrial Development Authority                                   | MOBILE CNTY AL INDL DEV AUTH SOL WST DISP REVENUE                       | CUSIP: 60733UAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2140000 | PA      | $1995560.91   | 0.14%             | 2054-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Wyoming Community Development Authority                                          | WYOMING ST CMNTY DEV AUTH HSG REVENUE                                   | CUSIP: 98322QE52<br>LEI: 549300UQ62NB8FGTHW65 | Long             | DBT              | MUN               | US        |    500000 | PA      | $503817.80    | 0.03%             | 2043-12-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI TOLL REVENUE                                         | CUSIP: 74448UAB4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    205000 | PA      | $209991.22    | 0.01%             | 2060-06-30      | Fixed         | 5.75%                 | 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      | $2610090.98   | 0.18%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                      | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE                        | CUSIP: 79739GNW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2880000 | PA      | $2545757.57   | 0.18%             | 2051-07-01      | Fixed         | 4.00%                 | 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      | $232018.70    | 0.02%             | 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        |   3110000 | PA      | $3204956.39   | 0.22%             | 2052-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                              | CUSIP: 74442PL29<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    925000 | PA      | $937271.05    | 0.06%             | 2055-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Avon Community School Building Corp                                              | AVON IN CMNTY SCH BLDG CORP                                             | CUSIP: 054071PF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1648735.80   | 0.11%             | 2043-01-15      | Fixed         | 5.50%                 | 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      | $77291.22     | 0.01%             | 2056-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                            | CUSIP: 167593L59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4215246.90   | 0.29%             | 2048-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                           | CUSIP: 592647PD7<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |  12096697 | PA      | $12314634.43  | 0.85%             | 2050-10-01      | Fixed         | 5.00%                 | 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        |   2675000 | PA      | $2739128.58   | 0.19%             | 2053-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                               | CUSIP: 837151YZ6<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   2110000 | PA      | $2147185.37   | 0.15%             | 2051-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                     | MICHIGAN ST HSG DEV AUTH SF MTGE REVENUE                                | CUSIP: 594654SG1<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   3760000 | PA      | $3960093.66   | 0.27%             | 2053-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE               | CUSIP: 65820YVN3<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   3015000 | PA      | $3028771.92   | 0.21%             | 2056-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp                                                     | FLORIDA HSG FIN CORP REVENUE                                            | CUSIP: 34074NFT1<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1684083.56   | 0.12%             | 2056-01-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COOPERATIVE DIST COMMODITY SPLY REV            | CUSIP: 84136GAK1<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9491320.80   | 0.66%             | 2054-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH REVENUE                                            | CUSIP: 63607YCZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12955000 | PA      | $13402542.13  | 0.93%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Central Florida Expressway Authority                                             | CENTRL FL EXPRESSWAY AUTH SR LIEN REVENUE                               | CUSIP: 153476GE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14090000 | PA      | $14389963.42  | 1.00%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                               | ALLEGHENY CNTY PA ARPT AUTH ARPT REVENUE                                | CUSIP: 01728LHE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1330000 | PA      | $1385160.82   | 0.10%             | 2053-01-01      | Fixed         | 5.50%                 | 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      | $4468347.32   | 0.31%             | 2048-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ballston Quarter Community Development Authority                                 | BALLSTON QUARTER CMNTY DEV AUTH VA REVENUE                              | CUSIP: 058696AH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    724000 | PA      | $716076.98    | 0.05%             | 2046-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Mt San Antonio Community College District                                        | MOUNT SAN ANTONIO CA CMNTY CLG DIST                                     | CUSIP: 623040FW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3975000 | PA      | $4099984.34   | 0.28%             | 2043-08-01      | None          | 0.00%                 | 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      | $644734.27    | 0.04%             | 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        |   2140000 | PA      | $2257822.84   | 0.16%             | 2043-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corp                                | RHODE ISLAND ST HLTH & EDUCTNL BLDG CORP HGR EDU FAC REVENUE            | CUSIP: 762197M32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6170000 | PA      | $6289401.22   | 0.44%             | 2053-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Norwalk-La Mirada Unified School District                                        | NORWALK-LA MIRADA CA UNIF SCH DIST                                      | CUSIP: 669096RW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7620000 | PA      | $4637884.81   | 0.32%             | 2038-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                              | PORT OF PORTLAND OR ARPT REVENUE                                        | CUSIP: 7352404F7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10560000 | PA      | $11228125.92  | 0.78%             | 2045-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                              | CUSIP: 64972JPT9<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |    725000 | PA      | $742624.46    | 0.05%             | 2053-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Henrico County Economic Development Authority                                    | HENRICO CNTY VA ECON DEV AUTH HLTH FACS REVENUE                         | CUSIP: 42605XAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2845000 | PA      | $2899981.62   | 0.20%             | 2048-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE             | CUSIP: 13013JGF7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   3040000 | PA      | $3243275.07   | 0.22%             | 2056-03-01      | Floating      | 5.00%                 | 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      | $1306953.40   | 0.09%             | 2047-12-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Salt River Project Agricultural Improvement & Power District                     | SALT RIVER AZ PROJ AGRIC IMPT& PWR DIST ELEC SYS REVENUE                | CUSIP: 79574CFL2<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5247000.50   | 0.36%             | 2047-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                           | CUSIP: 70917TRX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2155000 | PA      | $2195840.48   | 0.15%             | 2051-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL EDU FACS FIN CORP TX HOSP REVENUE                     | CUSIP: 645424BP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6420000 | PA      | $6955523.02   | 0.48%             | 2049-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                          | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                                  | CUSIP: 613603L56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4585000 | PA      | $4054298.17   | 0.28%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                                      | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1434839 | PA      | $1510201.05   | 0.10%             | 2029-07-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Downtown Revitalization Public Infrastructure District                           | DOWNTOWN REVITALIZATION PUBLIC INFRASTRUCTURE DIST UT SALES             | CUSIP: 26118TAX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3960000 | PA      | $4239626.69   | 0.29%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Rio Hondo Community College District/CA                                          | RIO HONDO CA CMNTY CLG DIST                                             | CUSIP: 767121DH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $5442971.20   | 0.38%             | 2037-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                                    | CUSIP: 04052BEY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    715000 | PA      | $672752.37    | 0.05%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                           | CUSIP: 97712JEQ2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2619503.10   | 0.18%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                                   | CUSIP: 167505ZL3<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   3320000 | PA      | $3485777.23   | 0.24%             | 2050-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | MIAMI-DADE CNTY FL AVIATION REVENUE                                     | CUSIP: 59333PZ92<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   6430000 | PA      | $6507280.88   | 0.45%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE                       | CUSIP: 74529JRP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1261000 | PA      | $1201341.84   | 0.08%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Northwest Independent School District                                            | NORTHWEST TX INDEP SCH DIST                                             | CUSIP: 667826FH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7635000 | PA      | $7906844.94   | 0.55%             | 2049-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE                         | CUSIP: 20775DN99<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   3230000 | PA      | $3427395.96   | 0.24%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York Power Authority                                                         | NEW YORK ST PWR AUTH GREEN TRANSMISSION PROJ REVENUE                    | CUSIP: 65000XBW9<br>LEI: I5P1GEYFGGMMDOFX2L30 | Long             | DBT              | MUN               | US        |   6626685 | PA      | $6900210.11   | 0.48%             | 2063-11-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Del Valle Independent School District TX                                         | DEL VALLE TX INDEP SCH DIST                                             | CUSIP: 245505XT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2795000 | PA      | $2633770.70   | 0.18%             | 2047-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Water Supply System Revenue                          | GREAT LAKES MI WTR AUTH WTR SPLY SYS REVENUE                            | CUSIP: 39081JKP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11740000 | PA      | $12459562.21  | 0.86%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE                       | CUSIP: 56035DGC0<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   5565000 | PA      | $5716508.24   | 0.40%             | 2053-12-01      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| University of Kansas Hospital Authority                                          | UNIV OF KANSAS KS HOSP AUTH HLTH FACS REVENUE                           | CUSIP: 914367KC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1830000 | PA      | $1951467.17   | 0.14%             | 2054-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona/The              | PHOENIX AZ INDL DEV AUTH EDU REVENUE                                    | CUSIP: 71885FDV6<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |    700000 | PA      | $674916.20    | 0.05%             | 2045-07-01      | Fixed         | 5.00%                 | 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      | $1062792.74   | 0.07%             | 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      | $858827.11    | 0.06%             | 2057-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH UPMC REVENUE                         | CUSIP: 70870JJY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5015000 | PA      | $4723229.31   | 0.33%             | 2051-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Industrial Development Authority                             | HILLSBOROUGH CNTY FLA INDL DEVAUTH HEALTH SYS REVENUE                   | CUSIP: 43233KAV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2950000 | PA      | $2696700.32   | 0.19%             | 2051-11-15      | Fixed         | 4.13%                 | 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        |   8410000 | PA      | $8929796.03   | 0.62%             | 2048-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of El Paso TX Water & Sewer Revenue                                         | EL PASO TX WTR & SWR REVENUE                                            | CUSIP: 283822YB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3410000 | PA      | $3583180.94   | 0.25%             | 2049-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV                   | CUSIP: 79766DYA1<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1655002.46   | 0.11%             | 2055-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL DEDICATED ST TAX REVENUE                  | CUSIP: 592248BE7<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $2935944.80   | 0.20%             | 2047-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                                       | CUSIP: 93978HXL4<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1709958.60   | 0.12%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                           | CUSIP: 70917TUV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2140000 | PA      | $1915565.36   | 0.13%             | 2055-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Water & Wastewater Revenue                               | PHILADELPHIA PA WTR & WSTWTR REVENUE                                    | CUSIP: 717893C90<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   3650000 | PA      | $3688902.43   | 0.26%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                             | CUSIP: 442349HZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $634332.42    | 0.04%             | 2039-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116JP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8790000 | PA      | $9300176.00   | 0.64%             | 2055-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Texas City Industrial Development Corp                                           | TEXAS CITY TX INDL DEV CORP INDL REVENUE                                | CUSIP: 882275AC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    820000 | PA      | $735828.15    | 0.05%             | 2045-12-01      | Fixed         | 4.13%                 | 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        |   3395000 | PA      | $3490699.96   | 0.24%             | 2042-04-28      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                 | CUSIP: 64613CHS0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   7380000 | PA      | $7588086.48   | 0.53%             | 2055-06-15      | Fixed         | 5.00%                 | 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        |   1420000 | PA      | $1515116.57   | 0.10%             | 2048-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Geisinger Authority                                                              | GEISINGER PA AUTH HLTH SYS REVENUE                                      | CUSIP: 368497JV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4370713.00   | 0.30%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Urban Development Corp                                            | New York State Urban Development Corp                                   | CUSIP: 650036FW1<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   8280000 | PA      | $8792373.02   | 0.61%             | 2044-03-15      | 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: 592643BC3<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   4830000 | PA      | $3554260.31   | 0.25%             | 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        |  10510000 | PA      | $11040664.61  | 0.76%             | 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        |   1190000 | PA      | $1257977.80   | 0.09%             | 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        |  29815241 | NS      | $29818222.50  | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Leander Independent School District                                              | LEANDER TX INDEP SCH DIST                                               | CUSIP: 521841S80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1403833.12   | 0.10%             | 2050-08-15      | 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      | $1193331.25   | 0.08%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lenexa KS                                                                | LENEXA KS HLTH CARE FAC REVENUE                                         | CUSIP: 526039CU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1530000 | PA      | $1531963.30   | 0.11%             | 2043-05-15      | 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        |   2474146 | PA      | $2638905.75   | 0.18%             | 2050-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                            | CUSIP: 45204FN43<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1464030.20   | 0.10%             | 2041-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Utah UT                                                                | UTAH CNTY UT HOSP REVENUE                                               | CUSIP: 917393BN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2650000 | PA      | $2398018.13   | 0.17%             | 2047-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE                  | CUSIP: 60637AXK3<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   7465000 | PA      | $7044301.71   | 0.49%             | 2045-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Tampa FL                                                                 | City of Tampa FL                                                        | CUSIP: 87515ECB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10500000 | PA      | $10505541.90  | 0.73%             | 2046-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Dakota Housing Finance Agency                                              | NORTH DAKOTA ST HSG FIN AGY                                             | CUSIP: 6589096Q4<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |   3030000 | PA      | $3010069.27   | 0.21%             | 2049-07-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                           | TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE                    | CUSIP: 896035CA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10571764 | PA      | $9778900.63   | 0.68%             | 2053-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                              | CUSIP: 735389E20<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |  15500000 | PA      | $15570032.10  | 1.08%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE                  | CUSIP: 837032CD1<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    670000 | PA      | $709545.08    | 0.05%             | 2050-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Airport System Revenue                                         | AUSTIN TX ARPT SYS REVENUE                                              | CUSIP: 052398LS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9040000 | PA      | $9282200.58   | 0.64%             | 2056-11-15      | 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      | $1026640.40   | 0.07%             | 2042-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Nashville Airport Authority/The                                     | MET NASHVILLE TN ARPT AUTH ARPT REVENUE                                 | CUSIP: 592190QX3<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2170851.20   | 0.15%             | 2042-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Tampa FL                                                                 | TAMPA FL CAPITAL IMPT CIGARETTE TAX ALLOCATION                          | CUSIP: 875146AY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2290000 | PA      | $1215987.94   | 0.08%             | 2040-09-01      | 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        |    135000 | PA      | $136306.26    | 0.01%             | 2041-02-15      | Fixed         | 4.00%                 | 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        |   3067680 | PA      | $3035180.08   | 0.21%             | 2049-11-01      | Fixed         | 1.00%                 | 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        |   3758051 | PA      | $3949316.30   | 0.27%             | 2054-05-15      | Fixed         | 5.25%                 | 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        |   7310000 | PA      | $7672165.91   | 0.53%             | 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      | $5070396.74   | 0.35%             | 2033-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL EDUCTNL FACS REVENUE                               | CUSIP: 14054CDA4<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1237603.18   | 0.09%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE                       | CUSIP: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  24961000 | PA      | $8897186.20   | 0.62%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                          | CUSIP: 63607WBN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7194281 | PA      | $7010097.00   | 0.49%             | 2042-11-20      | Variable      | 4.22%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                             | CUSIP: 45528VFS3<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   3315000 | PA      | $3442903.31   | 0.24%             | 2055-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Texas State Technical College                                                    | TEXAS ST TECH CLG SYS FING SYS REVENUE                                  | CUSIP: 88276RFJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3335000 | PA      | $3693224.02   | 0.26%             | 2042-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | DIST OF COLUMBIA REVENUE                                                | CUSIP: 25483VUQ5<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    105000 | PA      | $104746.37    | 0.01%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                                          | CUSIP: 795576HK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6100000 | PA      | $6196202.49   | 0.43%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                    | CUSIP: 64990F6W9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   4050000 | PA      | $3636603.14   | 0.25%             | 2054-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority Future Tax Secured Revenue | CUSIP: 64971X4C9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12040000 | PA      | $13014134.73  | 0.90%             | 2043-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE                       | CUSIP: 56035DBS0<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1619819.40   | 0.11%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                               | CUSIP: 5444453D9<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   4520000 | PA      | $4817343.23   | 0.33%             | 2055-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                             | CUSIP: 64966QL57<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   2940000 | PA      | $3077350.92   | 0.21%             | 2047-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                                     | CUSIP: 744396GR7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    270000 | PA      | $258669.37    | 0.02%             | 2031-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Expressway Authority                                           | MIAMI-DADE CNTY FL EXPRESSWAY AUTH TOLL SYS REVENUE                     | CUSIP: 59334KFV5<br>LEI: 549300NSQPQSO55VM780 | Long             | DBT              | MUN               | US        |   8900000 | PA      | $8908358.88   | 0.62%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE                   | CUSIP: 51265KBA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $475054.76    | 0.03%             | 2037-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                           | CUSIP: 452252PX1<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |  10470000 | PA      | $10930053.89  | 0.76%             | 2046-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Alabama Gas District/The                                                   | LOWER AL GAS DIST GAS PROJ REVENUE                                      | CUSIP: 547804AE4<br>LEI: 549300YTI1NTDG2OVU42 | Long             | DBT              | MUN               | US        |   1755000 | PA      | $1811693.17   | 0.13%             | 2046-09-01      | Fixed         | 5.00%                 | 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        |   1322500 | PA      | $1395027.75   | 0.10%             | 2054-05-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Harris County Health Facilities Development Corp                                 | HARRIS CNTY TEX HEALTH FACS D                                           | CUSIP: 41315RAY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8924999 | PA      | $9069818.93   | 0.63%             | 2026-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                            | MONTGOMERY CNTY PA INDL DEV AUTH                                        | CUSIP: 613609B88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4170000 | PA      | $4172069.15   | 0.29%             | 2040-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Alamo Heights Independent School District                                        | ALAMO HEIGHTS TX INDEP SCH DIST                                         | CUSIP: 011338A67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2415000 | PA      | $2212349.14   | 0.15%             | 2051-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                             | CUSIP: 442349JV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3080000 | PA      | $3247069.06   | 0.22%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts Transportation Fund Revenue                        | MASSACHUSETTS ST TRANSPRTN FUND REVENUE                                 | CUSIP: 57604TKD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1372225.67   | 0.09%             | 2052-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH                                             | CUSIP: 6459165J2<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1685000 | PA      | $1792086.30   | 0.12%             | 2028-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Santa Fe NM                                                              | SANTA FE NM RETMNT FAC REVENUE                                          | CUSIP: 802170AP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $421315.76    | 0.03%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sarasota County Health Facilities Authority                                      | SARASOTA CNTY FL HLTH FACS AUTH RETMNT FAC REVENUE                      | CUSIP: 80329UBK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    605000 | PA      | $592258.52    | 0.04%             | 2048-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA SMALL BUSINESS FING AUTH PRIV ACTIVITY REVENUE SR              | CUSIP: 928097AD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2555000 | PA      | $2469932.81   | 0.17%             | 2056-12-31      | Fixed         | 5.00%                 | 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      | $815423.84    | 0.06%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                           | PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE                      | CUSIP: 70342PAN4<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   3235000 | PA      | $3468455.72   | 0.24%             | 2054-10-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REAL ESTATE TRANSFER TAX             | CUSIP: 896032AZ2<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   5125000 | PA      | $5481143.94   | 0.38%             | 2048-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE                  | CUSIP: 939783Q74<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    400000 | PA      | $395932.64    | 0.03%             | 2048-07-01      | 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        |   3280000 | PA      | $2624000.00   | 0.18%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | MET GOVT NASHVILLE & DAVIDSON CNTY TN HLTH & EDUCTNL FAC BRD            | CUSIP: 592029DB5<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |   7775000 | PA      | $6989878.95   | 0.48%             | 2054-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Grand Forks ND                                                           | GRAND FORKS ND HLTH CARE SYS REVENUE                                    | CUSIP: 38546WEQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1138124.03   | 0.08%             | 2053-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp                                           | PHOENIX AZ CIVIC IMPT CORP ARPT REVENUE                                 | CUSIP: 71883MPB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2060000 | PA      | $2103641.51   | 0.15%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | WASHINGTON DC MET AREA TRANSIT AUTH DEDICATED REVENUE                   | CUSIP: 93878YED7<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |  13660000 | PA      | $14590512.37  | 1.01%             | 2060-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                             | CUSIP: 70879QN74<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10044558.00  | 0.70%             | 2050-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| South Dakota Housing Development Authority                                       | SOUTH DAKOTA ST HSG DEV AUTH                                            | CUSIP: 83756LBR5<br>LEI: 549300G853EK61667C18 | Long             | DBT              | MUN               | US        |   3410000 | PA      | $3387215.74   | 0.23%             | 2050-05-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| City of Lakeland FL Department of Electric Utilities                             | LAKELAND FL ENERGY SYS REVENUE                                          | CUSIP: 51166FGT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4851367.50   | 0.34%             | 2048-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Viera Stewardship District                                                       | VIERA STEWARDSHIP DIST FL SPL ASSMNT REVENUE                            | CUSIP: 92670TAG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    790000 | PA      | $791800.41    | 0.05%             | 2054-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                           | CUSIP: 59261AG43<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    515000 | PA      | $519654.88    | 0.04%             | 2050-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Water & Wastewater System Revenue                              | AUSTIN TX WTR & WSTWTR SYS REVENUE                                      | CUSIP: 052477YT7<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |   3935000 | PA      | $4059267.69   | 0.28%             | 2053-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kindred Community Development District II                                        | KINDRED FL CDD II SPL ASSMNT REVENUE                                    | CUSIP: 494581AL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $513681.15    | 0.04%             | 2054-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH SPL FAC REVENUE                             | CUSIP: 64578CBV2<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1530000 | PA      | $1532244.51   | 0.11%             | 2030-11-15      | Fixed         | 5.63%                 | 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        |   1100000 | PA      | $880000.00    | 0.06%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Area Rapid Transit                                                        | Dallas Area Rapid Transit                                               | CUSIP: 235241WQ5<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |   9480000 | PA      | $9839592.52   | 0.68%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                          | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                                  | CUSIP: 613603G94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4972282.00   | 0.34%             | 2057-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                              | CUSIP: 7353894D7<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   2525000 | PA      | $2697019.92   | 0.19%             | 2050-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Longview Independent School District                                             | LONGVIEW TX INDEP SCH DIST                                              | CUSIP: 543264ZJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1033299.68   | 0.07%             | 2049-02-15      | Fixed         | 4.00%                 | 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      | $4864247.91   | 0.34%             | 2047-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                                     | CUSIP: 744396GH9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    680000 | PA      | $523600.82    | 0.04%             | 2051-06-01      | 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        |   3815000 | PA      | $3878324.04   | 0.27%             | 2048-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                             | CUSIP: 442349HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $322127.49    | 0.02%             | 2036-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH LTD OBLIG REVENUE                                  | CUSIP: 594479GJ0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1038658.68   | 0.07%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                             | CUSIP: 70879QUK7<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   8052358 | PA      | $8437485.42   | 0.58%             | 2046-10-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Lancaster Industrial Development Authority                                       | LANCASTER PA INDL DEV AUTH                                              | CUSIP: 514349CW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001651.40   | 0.07%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 14                                     | VLG FL CDD #14 SPL ASSMNT REVENUE                                       | CUSIP: 92708JAE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1627660.67   | 0.11%             | 2053-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                               | HOUSTON TX                                                              | CUSIP: 442332ED0<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |   6090000 | PA      | $6466428.99   | 0.45%             | 2049-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade Seaport Department                                          | MIAMI-DADE CNTY FL SEAPORT REVENUE                                      | CUSIP: 59335KEV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1909904.40   | 0.13%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                                   | CUSIP: 167505WC6<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   3955000 | PA      | $3637512.38   | 0.25%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | DIST OF COLUMBIA INCOME TAX SECURED REVENUE                             | CUSIP: 25477GYN9<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   4560000 | PA      | $4766759.06   | 0.33%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tahoe-Douglas Visitors Authority                                                 | TAHOE-DOUGLAS VISITORS AUTH NV STATELINE REVENUE                        | CUSIP: 873816AT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1593231.21   | 0.11%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                       | CUSIP: 09182TEV5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   6555000 | PA      | $6661223.12   | 0.46%             | 2056-05-01      | Floating      | 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        |   6395000 | PA      | $5198038.90   | 0.36%             | 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        |    570000 | PA      | $601817.23    | 0.04%             | 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      | $96837.59     | 0.01%             | 2056-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                                        | CUSIP: 57582TCS9<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   6620000 | PA      | $6850848.67   | 0.47%             | 2055-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Las Vegas NV Special Improvement District No 814                         | LAS VEGAS NV SPL IMPT DIST #814                                         | CUSIP: 51778UAR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $345885.98    | 0.02%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                                       | CUSIP: 93978HWK7<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1786654.98   | 0.12%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nebraska Investment Finance Authority                                            | NEBRASKA ST INVESTMENT FIN AUTH SF HSG REVENUE                          | CUSIP: 63968M7G8<br>LEI: 549300OIIXIM3SRZWK33 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $992363.60    | 0.07%             | 2049-09-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF HSG REV                                | CUSIP: 64972KMG7<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   4200000 | PA      | $4245058.44   | 0.29%             | 2055-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV                   | CUSIP: 79766DMA4<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |  14215000 | PA      | $14527774.07  | 1.01%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Municipal Water District                                             | N TX MUNI WTR DIST REGL WSTWTR SYS CONTRACT REVENUE                     | CUSIP: 66283ALD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8036738 | PA      | $8323784.40   | 0.58%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                      | CALIFORNIA ST ENTERPRISE DEV AUTH REVENUE                               | CUSIP: 13067RCZ4<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   1965000 | PA      | $1734192.08   | 0.12%             | 2062-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | Triborough Bridge & Tunnel Authority                                    | CUSIP: 89602HEN3<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   9810000 | PA      | $10372886.03  | 0.72%             | 2047-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                                     | CUSIP: 6459182A0<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2980000 | PA      | $2985199.80   | 0.21%             | 2034-01-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                             | CUSIP: 452153RJ0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   6800000 | PA      | $7110324.80   | 0.49%             | 2051-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MF AFFORDABLE HSG                                  | CUSIP: 63610CAD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1840000 | PA      | $1853192.25   | 0.13%             | 2043-01-28      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Tourist Development Tax Revenue                             | BROWARD CNTY FL TOURIST DEV TAX REVENUE                                 | CUSIP: 115085AX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $2896577.31   | 0.20%             | 2051-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas Valley Water District                                                  | LAS VEGAS VLY NV WTR DIST                                               | CUSIP: 517845TK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1485928.00   | 0.10%             | 2055-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| North Texas Municipal Water District                                             | N TX MUNI WTR DIST REGL WSTWTR SYS CONTRACT REVENUE                     | CUSIP: 66283ALD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2318851 | PA      | $2401672.97   | 0.17%             | 2050-06-01      | Fixed         | 5.00%                 | 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: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1441716.64   | 0.10%             | 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        |   5980000 | PA      | $6081810.70   | 0.42%             | 2052-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                                   | CUSIP: 167505XX9<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1312244.83   | 0.09%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Water & Wastewater Revenue                               | PHILADELPHIA PA WTR & WSTWTR REVENUE                                    | CUSIP: 7178933X7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7835000 | PA      | $8241787.72   | 0.57%             | 2054-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL EDUCTNL FACS REVENUE                               | CUSIP: 14054CFG9<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    500000 | PA      | $448661.90    | 0.03%             | 2057-06-01      | Fixed         | 5.50%                 | 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        |   1020000 | PA      | $1071404.53   | 0.07%             | 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        |    905000 | PA      | $986458.05    | 0.07%             | 2042-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Sales Tax Receipts Fund                                | CHICAGO IL TRANSIT AUTH SALES TAX RECPTS REVENUE                        | CUSIP: 16772PDK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10346842.00  | 0.72%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northwest Independent School District                                            | NORTHWEST TX INDEP SCH DIST                                             | CUSIP: 667826HG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4225000 | PA      | $4437133.03   | 0.31%             | 2055-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tarrant Regional Water District                                                  | TARRANT TX REGL WTR DIST WTR TRANSMISSION FACS CONTRACT REV             | CUSIP: 876448JK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2855000 | PA      | $2611634.38   | 0.18%             | 2055-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                                          | CUSIP: 795576NB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4685000 | PA      | $4935570.67   | 0.34%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Downtown Revitalization Public Infrastructure District                           | DOWNTOWN REVITALIZATION PUBLIC INFRASTRUCTURE DIST UT SALES             | CUSIP: 26118TBU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1682248.95   | 0.12%             | 2050-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia/The                                              | PHILADELPHIA PA SCH DIST                                                | CUSIP: 717883A77<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |    710000 | PA      | $753989.75    | 0.05%             | 2048-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                                    | CUSIP: 04052BJN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1531035.59   | 0.11%             | 2049-07-01      | 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        |   2985000 | PA      | $3240432.42   | 0.22%             | 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        |   1825000 | PA      | $1958541.27   | 0.14%             | 2054-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Mobile County Industrial Development Authority                                   | MOBILE CNTY AL INDL DEV AUTH SOL WST DISP REVENUE                       | CUSIP: 60733UAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5325000 | PA      | $5160452.71   | 0.36%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas Development Finance Authority                                             | KANSAS ST DEV FIN AUTH REVENUE                                          | CUSIP: 48542RX82<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |   3610000 | PA      | $3645648.39   | 0.25%             | 2041-05-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                           | Los Angeles Unified School District/CA                                  | CUSIP: 914119F98<br>LEI: 549300E0RD3ICJ858L23 | Long             | DBT              | MUN               | US        |  15024994 | PA      | $15161709.64  | 1.05%             | 2045-06-01      | Fixed         | 5.00%                 | 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      | $61195.39     | 0.00%             | 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        |   2930000 | PA      | $3102258.51   | 0.21%             | 2040-04-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116JQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4940000 | PA      | $5208956.32   | 0.36%             | 2059-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH SYS REVENUE                                    | CUSIP: 45470YGB1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   3910000 | PA      | $4182184.09   | 0.29%             | 2046-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                               | CUSIP: 8371514W6<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   5920000 | PA      | $6206199.44   | 0.43%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                             | CUSIP: 89602RHT5<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |  14906317 | PA      | $15740404.95  | 1.09%             | 2057-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                           | CUSIP: 452252PY9<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   1105000 | PA      | $1043266.19   | 0.07%             | 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        |   2645000 | PA      | $1322500.00   | 0.09%             | 2062-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                              | CALIFORNIA PUBLIC FIN AUTH SENIOR LIVING REVENUE                        | CUSIP: 13057GAQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2735000 | PA      | $2531388.82   | 0.18%             | 2059-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                 | CUSIP: 646136Y39<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    780000 | PA      | $780749.50    | 0.05%             | 2041-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| East Central Regional Wastewater Treatment Facilities Operation Board            | EAST CENT REGL WASTEWATER     TREATMENT FACS OPERATION BRD              | CUSIP: 27149TBG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13925000 | PA      | $14133511.56  | 0.98%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Poway Unified School District                                                    | POWAY CA UNIF SCH DIST                                                  | CUSIP: 738850RB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $7141815.00   | 0.49%             | 2036-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                                        | CUSIP: 57582R2C9<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   3790000 | PA      | $3936105.26   | 0.27%             | 2049-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Water & Wastewater Revenue                               | PHILADELPHIA PA WTR & WSTWTR REVENUE                                    | CUSIP: 7178932X8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2785000 | PA      | $2803715.76   | 0.19%             | 2048-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                                   | CUSIP: 73358XHE5<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   3860000 | PA      | $3987876.78   | 0.28%             | 2047-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI TOLL REVENUE                                         | CUSIP: 74448UAD0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |  10320000 | PA      | $10548820.20  | 0.73%             | 2065-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                          | MISSOURI ST HSG DEV COMMISSION SF MTGE REVENUE                          | CUSIP: 60637GBC2<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   5870000 | PA      | $5884319.28   | 0.41%             | 2054-11-01      | Fixed         | 4.70%                 | 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      | $1525363.15   | 0.11%             | 2053-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV             | CUSIP: 70868YAU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    985000 | PA      | $1044542.66   | 0.07%             | 2043-06-30      | Fixed         | 5.50%                 | 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        |  14605000 | PA      | $6579900.10   | 0.46%             | 2044-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Pleasanton Unified School District                                               | PLEASANTON CA UNIF SCH DIST                                             | CUSIP: 728835P45<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2370000 | PA      | $2311029.66   | 0.16%             | 2050-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade Seaport Department                                          | MIAMI-DADE CNTY FL SEAPORT REVENUE                                      | CUSIP: 59335KDL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3042496.80   | 0.21%             | 2050-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend Independent School District                                            | FORT BEND TX INDEP SCH DIST                                             | CUSIP: 346843WQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6600000 | PA      | $6049996.92   | 0.42%             | 2049-08-15      | Fixed         | 4.00%                 | 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      | $10514570.00  | 0.73%             | 2054-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                                       | CUSIP: 93978HF75<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1352228.24   | 0.09%             | 2055-09-01      | Fixed         | 5.50%                 | 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      | $3205776.12   | 0.22%             | 2050-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                                    | CUSIP: 04052BAN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2434210.75   | 0.17%             | 2050-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                           | CUSIP: 592647NG2<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   5180000 | PA      | $5423426.85   | 0.38%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts Transportation Fund Revenue                        | MASSACHUSETTS ST TRANSPRTN FUND REVENUE                                 | CUSIP: 57604TKE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10010000 | PA      | $10319938.83  | 0.71%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE                  | CUSIP: 60637AXL1<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   4390000 | PA      | $4137642.61   | 0.29%             | 2055-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE                  | CUSIP: 837032CC3<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   8520000 | PA      | $9064859.11   | 0.63%             | 2049-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | PHILADELPHIA PA AUTH FOR INDL DEV HOSP REVENUE                          | CUSIP: 717901CA8<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   4315000 | PA      | $3954153.38   | 0.27%             | 2049-07-01      | 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: 646080YX3<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    305000 | PA      | $308077.51    | 0.02%             | 2045-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Southeast Alabama Gas Supply District/The                                        | S E ALABAMA ST GAS SPLY DIST GAS SPLY REVENUE                           | CUSIP: 84131TBT8<br>LEI: 549300BL04JIB2GJZ178 | Long             | DBT              | MUN               | US        |   7520000 | PA      | $7914505.22   | 0.55%             | 2049-06-01      | Floating      | 5.00%                 | 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        |   4219355 | PA      | $4564359.96   | 0.32%             | 2053-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Hurst-Euless-Bedford Independent School District                                 | HURST-EULESS-BEDFORD TX INDEP SCH DIST                                  | CUSIP: 447819KL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6475000 | PA      | $5864759.74   | 0.41%             | 2050-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                                   | CUSIP: 167505A63<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2275000 | PA      | $2426540.71   | 0.17%             | 2043-12-01      | Fixed         | 6.00%                 | 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      | $7642128.39   | 0.53%             | 2048-07-01      | Fixed         | 5.50%                 | 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        |  11060000 | PA      | $11393863.80  | 0.79%             | 2050-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port New Orleans Board of Commissioners                                          | PORT NEW ORLEANS LA BRD OF COMMISSIONERS PORT FAC REVENUE               | CUSIP: 734782DT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1365929.01   | 0.09%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                             | CUSIP: 452153PD5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3245000 | PA      | $3416392.79   | 0.24%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-29

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

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer