# EDGAR Filing Document

**Accession Number:** 0000844779
**File Stem:** 0001410368-26-054523
**Filing Date:** 2026-5
**Character Count:** 265548
**Document Hash:** 4b5781a5d9ac61cb1c5a9b1b50783cd9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-054523.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0001410368-26-054523

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK FUNDS
- **CENTRAL INDEX KEY:** 0000844779

**ORGANIZATION NAME:**
- **EIN:** 510318674
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05742
- **FILM NUMBER:** 261030930

**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:** COMPASS CAPITAL FUNDS\
- **DATE OF NAME CHANGE:** 19961114

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PNC FUND
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NCP FUNDS
- **DATE OF NAME CHANGE:** 19890511

## Series and Classes Contracts Data

### iShares Municipal Bond Index Fund (Series ID: S000059911)

| Class ID   | Class Name        | Ticker Symbol   |
|:---|:---|:---|
| C000195947 | Investor A        |  |
| C000195948 | Institutional     |  |
| C000195949 | Class K           |  |
| C000201952 | Investor P Shares |  |

## Nport-Ex

March 31, 2026

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

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

**iShares Municipal Bond Index Fund (BR-MNDX)**<br>

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

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

------

Schedule of Investments (unaudited)

March 31, 2026

**iShares Municipal Bond Index Fund** 

**(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 — 5.1%** | **Alabama — 5.1%** |  |
| **Corporate — 4.0%** | **Corporate — 4.0%** |  |
| Black Belt Energy Gas District, RB<sup>(a)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, 4.00%, 10/01/52 | $500 | &nbsp;&nbsp; $502997 |
| &nbsp;&nbsp;&nbsp; Series D, 5.00%, 03/01/55 | 1000 | &nbsp;&nbsp; 1058592 |
| &nbsp;&nbsp;&nbsp; Energy Southeast A Cooperative District, RB, Series B, <br> 5.25%, 07/01/54<sup>(a)</sup><br>| 500 | &nbsp;&nbsp; 533174 |
| &nbsp;&nbsp;&nbsp; Lower Alabama Gas District, Refunding RB, Series A, <br> 5.00%, 12/01/33<br>| 1000 | &nbsp;&nbsp; 1038382 |
| &nbsp;&nbsp;&nbsp; Southeast Alabama Gas Supply District, Refunding RB, <br> Series B, 5.00%, 06/01/49<sup>(a)</sup><br>| 500 | &nbsp;&nbsp; 526332 |
| Southeast Energy Authority A Cooperative District, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 11/01/35 | 1000 | &nbsp;&nbsp; 1021395 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 01/01/54<sup>(a)</sup> | 1000 | &nbsp;&nbsp; 1048822 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/56<sup>(a)</sup> | 1000 | &nbsp;&nbsp; 1005654 |
| &nbsp;&nbsp;&nbsp; Series B, 5.25%, 03/01/55<sup>(a)</sup> | 500 | &nbsp;&nbsp; 513700 |
| &nbsp;&nbsp;&nbsp; Series C, 5.00%, 10/01/55<sup>(a)</sup> | 1000 | &nbsp;&nbsp; 1063944 |
|  |  | &nbsp;&nbsp; 8312992 |
| **State — 0.0%** | **State — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Alabama Public School and College Authority, Refunding <br> RB, Series A, Sustainability Bonds, 5.00%, 11/01/28<br>| 65 | &nbsp;&nbsp; 68862 |
| **Transportation — 0.6%** | **Transportation — 0.6%** |  |
| &nbsp;&nbsp;&nbsp; Alabama Federal Aid Highway Finance Authority, <br> Refunding RB, Series B, 5.00%, 09/01/32<br>| 1000 | &nbsp;&nbsp; 1124840 |
| **Utilities — 0.5%** | **Utilities — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; County of Jefferson AL Sewer Revenue, Refunding RB, <br> 5.50%, 10/01/53<br>| 415 | &nbsp;&nbsp; 431503 |
| &nbsp;&nbsp;&nbsp; County of Jefferson Alabama Sewer Revenue, Refunding <br> RB, 5.00%, 10/01/32<br>| 530 | &nbsp;&nbsp; 583578 |
|  |  | &nbsp;&nbsp; 1015081 |
| **Total Municipal Bonds in Alabama** | **Total Municipal Bonds in Alabama** | &nbsp;&nbsp; 10521775 |
| **Arizona — 0.3%** | **Arizona — 0.3%** |  |
| **County/City/Special District/School District — 0.0%** | **County/City/Special District/School District — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Maricopa County Union High School District No. 210-<br> Phoenix, GO, Series B, 5.00%, 07/01/27<br>| 60 | &nbsp;&nbsp; 61871 |
| **Education — 0.2%** | **Education — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Arizona Board of Regents, RB, Series A, Sustainability <br> Bonds, 5.00%, 07/01/54<br>| 500 | &nbsp;&nbsp; 510818 |
| **Health — 0.1%** | **Health — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Yuma Industrial Development Authority, Refunding RB, <br> Series A, 5.25%, 08/01/54<br>| 130 | &nbsp;&nbsp; 133063 |
| **Total Municipal Bonds in Arizona** | **Total Municipal Bonds in Arizona** | &nbsp;&nbsp; 705752 |
| **California — 13.2%** | **California — 13.2%** |  |
| **Corporate**<sup>(a)</sup> **— 1.5%** | **Corporate**<sup>(a)</sup> **— 1.5%** |  |
| California Community Choice Financing Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series B, Sustainability Bonds, 5.00%, 01/01/55 | 1000 | &nbsp;&nbsp; 1021004 |
| &nbsp;&nbsp;&nbsp; Series B-1, Sustainability Bonds, 4.00%, 02/01/52 | 500 | &nbsp;&nbsp; 499037 |
| &nbsp;&nbsp;&nbsp; Series G, Sustainability Bonds, 5.00%, 11/01/55 | 1000 | &nbsp;&nbsp; 1020096 |
| Central Valley Energy Authority, RB, 5.00%, 12/01/55 | 500 | &nbsp;&nbsp; 538037 |
|  |  | &nbsp;&nbsp; 3078174 |
| **County/City/Special District/School District — 3.4%** | **County/City/Special District/School District — 3.4%** |  |
| &nbsp;&nbsp;&nbsp; California State Public Works Board, Refunding RB, <br> Series B, 5.00%, 10/01/26<sup>(b)</sup><br>| 15 | &nbsp;&nbsp; 15196 |
| &nbsp;&nbsp;&nbsp; El Camino Community College District Fountation, GO, <br> CAB, Series C, Election 2002, 0.00%, 08/01/38<sup>(c)</sup><br>| 680 | &nbsp;&nbsp; 426035 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **County/City/Special District/School District (continued)** | **County/City/Special District/School District (continued)** |  |
| &nbsp;&nbsp;&nbsp; Lodi Unified School District, GO, Series 2020, Election <br> 2016, 3.00%, 08/01/43<br>| 975 | &nbsp;&nbsp; $793838 |
| &nbsp;&nbsp;&nbsp; Long Beach Community College District, GO, Series E, <br> 5.00%, 08/01/52<br>| 355 | &nbsp;&nbsp; 371705 |
| &nbsp;&nbsp;&nbsp; Los Angeles County Facilities, Inc., RB, Series A, 4.00%, <br> 12/01/48<br>| 1000 | &nbsp;&nbsp; 916057 |
| Los Angeles Unified School District, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series B-1, Election 2008, 5.00%, 07/01/33 | 1500 | &nbsp;&nbsp; 1559148 |
| &nbsp;&nbsp;&nbsp; Series QRR, Sustainability Bonds, 5.25%, 07/01/49 | 1100 | &nbsp;&nbsp; 1174369 |
| &nbsp;&nbsp;&nbsp; Los Angeles Unified School District, Refunding GO, <br> Series B, 5.00%, 07/01/28<br>| 20 | &nbsp;&nbsp; 20124 |
| &nbsp;&nbsp;&nbsp; Municipal Improvement Corp of Los Angeles, RB, 5.00%, <br> 05/01/39<br>| 500 | &nbsp;&nbsp; 560915 |
| &nbsp;&nbsp;&nbsp; Poway Unified School District, Refunding GO, 0.00%, <br> 08/01/46<sup>(c)</sup><br>| 500 | &nbsp;&nbsp; 197485 |
| &nbsp;&nbsp;&nbsp; Sacramento City Financing Authority, Refunding RB, <br> Series E, (AMBAC), 5.25%, 12/01/30<br>| 250 | &nbsp;&nbsp; 272336 |
| &nbsp;&nbsp;&nbsp; San Bernardino Community College District, GO, CAB, <br> Series F, Election 2008, 0.00%, 08/01/49<sup>(c)</sup><br>| 500 | &nbsp;&nbsp; 148651 |
| &nbsp;&nbsp;&nbsp; Stockton Unified School District, GO, Series A, Election <br> 2022, (BAM), 5.00%, 08/01/49<br>| 500 | &nbsp;&nbsp; 525342 |
|  |  | &nbsp;&nbsp; 6981201 |
| **Education — 2.1%** | **Education — 2.1%** |  |
| California Educational Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 10/01/55 | 770 | &nbsp;&nbsp; 800154 |
| &nbsp;&nbsp;&nbsp; Series V-4, 5.00%, 03/01/55<sup>(a)</sup> | 220 | &nbsp;&nbsp; 248598 |
| &nbsp;&nbsp;&nbsp; Series V-5, 5.00%, 03/01/55<sup>(a)</sup> | 255 | &nbsp;&nbsp; 301243 |
| &nbsp;&nbsp;&nbsp; California Infrastructure & Economic Development Bank, <br> RB, Series B, 5.00%, 11/01/49<br>| 750 | &nbsp;&nbsp; 760615 |
| &nbsp;&nbsp;&nbsp; California Infrastructure & Economic Development Bank, <br> Refunding RB, Series A, Sustainability Bonds, 3.25%, <br> 08/01/29<br>| 1000 | &nbsp;&nbsp; 1009873 |
| California State University, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 11/01/28 | 20 | &nbsp;&nbsp; 20045 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 11/01/35 | 500 | &nbsp;&nbsp; 500142 |
| University of California, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series CD, 5.25%, 05/15/40 | 170 | &nbsp;&nbsp; 200840 |
| &nbsp;&nbsp;&nbsp; Series CD, 5.50%, 05/15/40 | 500 | &nbsp;&nbsp; 581980 |
|  |  | &nbsp;&nbsp; 4423490 |
| **Health — 0.0%** | **Health — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Regents of the University of California Medical Center <br> Pooled Revenue, Refunding RB, Series L, 5.00%, <br> 05/15/27<br>| 40 | &nbsp;&nbsp; 40123 |
| **State — 3.3%** | **State — 3.3%** |  |
| &nbsp;&nbsp;&nbsp; California State Public Works Board, RB, Series A, 5.25%, <br> 04/01/42<br>| 1000 | &nbsp;&nbsp; 1114028 |
| California State Public Works Board, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 10/01/26 | 235 | &nbsp;&nbsp; 237979 |
| &nbsp;&nbsp;&nbsp; Series C, 5.00%, 09/01/28 | 500 | &nbsp;&nbsp; 529154 |
| State of California, Refunding GO |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 08/01/26 | 5 | &nbsp;&nbsp; 5019 |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/01/28 | 1000 | &nbsp;&nbsp; 1060179 |
| &nbsp;&nbsp;&nbsp; 5.00%, 08/01/31 | 1000 | &nbsp;&nbsp; 1007758 |
| &nbsp;&nbsp;&nbsp; 5.00%, 09/01/31 | 565 | &nbsp;&nbsp; 570488 |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/01/32 | 250 | &nbsp;&nbsp; 250815 |
| &nbsp;&nbsp;&nbsp; 3.00%, 10/01/37 | 825 | &nbsp;&nbsp; 755155 |

---

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**iShares Municipal Bond Index Fund** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **State (continued)** | **State (continued)** |  |
| State of California, Refunding GO (continued) |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 09/01/43 | 500 | &nbsp;&nbsp; $540745 |
| &nbsp;&nbsp;&nbsp; 3.00%, 04/01/52 | 1000 | &nbsp;&nbsp; 732150 |
|  |  | &nbsp;&nbsp; 6803470 |
| **Transportation — 1.7%** | **Transportation — 1.7%** |  |
| &nbsp;&nbsp;&nbsp; City of Los Angeles Department of Airports, Refunding <br> ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp; AMT, Subordinate, 3.00%, 11/15/31<sup>(d)</sup> | 55 | &nbsp;&nbsp; 54738 |
| &nbsp;&nbsp;&nbsp; AMT, Subordinate, 3.00%, 05/15/40 | 1210 | &nbsp;&nbsp; 1019494 |
| &nbsp;&nbsp;&nbsp; Foothill-Eastern Transportation Corridor Agency, RB, <br> Series A, Senior Lien, 4.00%, 01/15/46<br>| 1000 | &nbsp;&nbsp; 949057 |
| &nbsp;&nbsp;&nbsp; Foothill-Eastern Transportation Corridor Agency, <br> Refunding RB, CAB<sup>(c)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, (AGM), 0.00%, 01/15/36 | 500 | &nbsp;&nbsp; 355274 |
| &nbsp;&nbsp;&nbsp; Series A, (AGM), 0.00%, 01/15/37 | 1000 | &nbsp;&nbsp; 676630 |
| &nbsp;&nbsp;&nbsp; San Francisco City & County Airport Comm-San Francisco <br> International Airport, Refunding RB, Series 2020, <br> Class A, AMT, 5.00%, 05/01/38<br>| 455 | &nbsp;&nbsp; 474913 |
|  |  | &nbsp;&nbsp; 3530106 |
| **Utilities — 1.2%** | **Utilities — 1.2%** |  |
| &nbsp;&nbsp;&nbsp; Los Angeles Department of Water & Power Water System <br> Revenue, Refunding RB, Series A, 5.00%, 01/01/30<br>| 320 | &nbsp;&nbsp; 338942 |
| &nbsp;&nbsp;&nbsp; Los Angeles Department of Water & Power, RB, Series D, <br> 5.00%, 07/01/52<br>| 220 | &nbsp;&nbsp; 224763 |
| Los Angeles Department of Water & Power, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/28 | 250 | &nbsp;&nbsp; 261341 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/29 | 835 | &nbsp;&nbsp; 886975 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 07/01/38 | 675 | &nbsp;&nbsp; 731074 |
|  |  | &nbsp;&nbsp; 2443095 |
| **Total Municipal Bonds in California** | **Total Municipal Bonds in California** | &nbsp;&nbsp; 27299659 |
| **Colorado — 2.5%** | **Colorado — 2.5%** |  |
| **Corporate — 0.1%** | **Corporate — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Public Authority for Colorado Energy, RB, 6.50%, <br> 11/15/38<br>| 225 | &nbsp;&nbsp; 266126 |
| **County/City/Special District/School District — 0.7%** | **County/City/Special District/School District — 0.7%** |  |
| &nbsp;&nbsp;&nbsp; Adams & Arapahoe Counties Joint School District 28J <br> Aurora, GO, (SAW), 5.50%, 12/01/39<br>| 500 | &nbsp;&nbsp; 580865 |
| &nbsp;&nbsp;&nbsp; Adams & Arapahoe Counties JT School District 28J <br> Aurora Refunding GO, Series A, (SAW), 5.00%, <br> 12/01/30<br>| 285 | &nbsp;&nbsp; 289762 |
| &nbsp;&nbsp;&nbsp; Denver City & County School District No. 1, GO, Series A, <br> (SAW), 5.25%, 12/01/40<br>| 500 | &nbsp;&nbsp; 563526 |
|  |  | &nbsp;&nbsp; 1434153 |
| **Health — 0.5%** | **Health — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; Colorado Health Facilities Authority, Refunding RB, <br> Series A, 5.00%, 08/01/44<br>| 1000 | &nbsp;&nbsp; 1015782 |
| **State — 0.5%** | **State — 0.5%** |  |
| State of Colorado, COP |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 11/01/49 | 535 | &nbsp;&nbsp; 555838 |
| &nbsp;&nbsp;&nbsp; Series N, 4.00%, 03/15/43 | 500 | &nbsp;&nbsp; 481542 |
|  |  | &nbsp;&nbsp; 1037380 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Transportation — 0.7%** | **Transportation — 0.7%** |  |
| &nbsp;&nbsp;&nbsp; City & County of Denver Colorado Airport System <br> Revenue, Refunding ARB, Series A, AMT, 5.00%, <br> 12/01/35<br>| $1000 | &nbsp;&nbsp; $1033486 |
| &nbsp;&nbsp;&nbsp; E-470 Public Highway Authority, Refunding RB, Series A, <br> (NPFGC), 0.00%, 09/01/28<sup>(c)</sup><br>| 500 | &nbsp;&nbsp; 468200 |
|  |  | &nbsp;&nbsp; 1501686 |
| **Total Municipal Bonds in Colorado** | **Total Municipal Bonds in Colorado** | &nbsp;&nbsp; 5255127 |
| **Connecticut — 1.1%** | **Connecticut — 1.1%** |  |
| **State — 0.9%** | **State — 0.9%** |  |
| &nbsp;&nbsp;&nbsp; State of Connecticut Special Tax Revenue, RB, Series A, <br> 4.00%, 05/01/36<br>| 1000 | &nbsp;&nbsp; 1021252 |
| State of Connecticut, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series G, Sustainability Bonds, 3.00%, 11/15/42 | 100 | &nbsp;&nbsp; 85563 |
| &nbsp;&nbsp;&nbsp; Series G, Sustainability Bonds, 3.00%, 11/15/43 | 100 | &nbsp;&nbsp; 84051 |
| State of Connecticut, Refunding GO |  |  |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 08/01/28 | 30 | &nbsp;&nbsp; 31698 |
| &nbsp;&nbsp;&nbsp; Series E, 5.00%, 09/01/32 | 500 | &nbsp;&nbsp; 563576 |
| &nbsp;&nbsp;&nbsp; Series C, Sustainability Bonds, 5.00%, 03/01/28 | 20 | &nbsp;&nbsp; 20920 |
|  |  | &nbsp;&nbsp; 1807060 |
| **Transportation — 0.2%** | **Transportation — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; State of Connecticut Special Tax Revenue, RB, Series A, <br> 4.00%, 09/01/36<br>| 430 | &nbsp;&nbsp; 430300 |
| **Total Municipal Bonds in Connecticut** | **Total Municipal Bonds in Connecticut** | &nbsp;&nbsp; 2237360 |
| **Delaware — 0.5%** | **Delaware — 0.5%** |  |
| **Housing — 0.5%** | **Housing — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; Delaware State Housing Authority, RB, S/F Housing, <br> Series B, (FHLMC, FNMA, GNMA), 6.00%, 01/01/55<br>| 925 | &nbsp;&nbsp; 1010319 |
| **District of Columbia — 2.9%** | **District of Columbia — 2.9%** |  |
| **County/City/Special District/School District — 0.6%** | **County/City/Special District/School District — 0.6%** |  |
| &nbsp;&nbsp;&nbsp; District of Columbia Income Tax Revenue, Refunding RB, <br> Series A, 3.00%, 03/01/41<br>| 290 | &nbsp;&nbsp; 251098 |
| District of Columbia, GO, Series D, 4.00%, 06/01/34 | 1000 | &nbsp;&nbsp; 1006942 |
|  |  | &nbsp;&nbsp; 1258040 |
| **Education — 0.5%** | **Education — 0.5%** |  |
| District of Columbia, Refunding RB, 5.00%, 04/01/60<sup>(a)</sup> | 1000 | &nbsp;&nbsp; 1094095 |
| **Transportation — 1.3%** | **Transportation — 1.3%** |  |
| &nbsp;&nbsp;&nbsp; Metropolitan Washington Airports Authority Aviation <br> Revenue, Refunding ARB, Series A, AMT, 4.00%, <br> 10/01/51<br>| 1500 | &nbsp;&nbsp; 1284453 |
| &nbsp;&nbsp;&nbsp; Washington Metropolitan Area Transit Authority Dedicated <br> Revenue, RB, Series A, 4.00%, 07/15/45<br>| 1500 | &nbsp;&nbsp; 1418580 |
|  |  | &nbsp;&nbsp; 2703033 |
| **Utilities — 0.5%** | **Utilities — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; District of Columbia Water & Sewer Authority, RB, <br> Subordinate, 3.00%, 10/01/57<sup>(a)</sup><br>| 1000 | &nbsp;&nbsp; 998038 |
| **Total Municipal Bonds in District of Columbia** | **Total Municipal Bonds in District of Columbia** | &nbsp;&nbsp; 6053206 |
| **Florida — 4.7%** | **Florida — 4.7%** |  |
| **County/City/Special District/School District — 2.4%** | **County/City/Special District/School District — 2.4%** |  |
| City of Hollywood Florida, GO, 5.00%, 07/01/47 | 500 | &nbsp;&nbsp; 514338 |
| &nbsp;&nbsp;&nbsp; County of Miami-Dade Florida Transit System, RB, <br> Series A, 4.00%, 07/01/50<br>| 1500 | &nbsp;&nbsp; 1307466 |
| &nbsp;&nbsp;&nbsp; County of Miami-Dade Florida, Refunding RB, CAB, <br> 0.00%, 10/01/31<sup>(c)</sup><br>| 250 | &nbsp;&nbsp; 202110 |
| &nbsp;&nbsp;&nbsp; Florida Insurance Assistance Interlocal Agency, Inc., <br> Refunding RB, Series A-1, 5.00%, 09/01/28<br>| 500 | &nbsp;&nbsp; 504522 |
| &nbsp;&nbsp;&nbsp; Lee County School Board, COP, Series A, 5.25%, <br> 08/01/50<br>| 570 | &nbsp;&nbsp; 596094 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**iShares Municipal Bond Index Fund** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **County/City/Special District/School District (continued)** | **County/City/Special District/School District (continued)** |  |
| &nbsp;&nbsp;&nbsp; Orange County School Board, COP, Series A, 5.00%, <br> 08/01/33<br>| 940 | &nbsp;&nbsp; $1059294 |
| &nbsp;&nbsp;&nbsp; Orange County School Board, Refunding COP, Series C, <br> 5.00%, 08/01/28<br>| 80 | &nbsp;&nbsp; 84232 |
| &nbsp;&nbsp;&nbsp; Palm Beach County School District, Refunding COP, <br> Sereis A, 5.00%, 08/01/27<br>| 55 | &nbsp;&nbsp; 56767 |
| School Board of Miami-Dade County, Refunding COP |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 05/01/27 | 20 | &nbsp;&nbsp; 20523 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 05/01/30 | 45 | &nbsp;&nbsp; 48927 |
| &nbsp;&nbsp;&nbsp; Series D, 5.00%, 02/01/27 | 500 | &nbsp;&nbsp; 500958 |
| &nbsp;&nbsp;&nbsp; School District of Broward County, COP, Series A, 5.00%, <br> 07/01/30<br>| 20 | &nbsp;&nbsp; 21650 |
| &nbsp;&nbsp;&nbsp; School District of Broward County, Refunding COP, <br> Series A, (AGM), 5.00%, 07/01/29<br>| 40 | &nbsp;&nbsp; 42809 |
|  |  | &nbsp;&nbsp; 4959690 |
| **Education — 0.4%** | **Education — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; Miami-Dade County Educational Facilities Authority, RB, <br> 04/01/45<sup>(e)</sup><br>| 180 | &nbsp;&nbsp; 188091 |
| &nbsp;&nbsp;&nbsp; Miami-Dade County Educational Facilities Authority, <br> Refunding RB, Series A, 5.25%, 04/01/47<br>| 565 | &nbsp;&nbsp; 588094 |
| &nbsp;&nbsp;&nbsp; State of Florida Lottery Revenue, Refunding RB, Series A, <br> 5.00%, 07/01/27<br>| 20 | &nbsp;&nbsp; 20621 |
|  |  | &nbsp;&nbsp; 796806 |
| **Health — 0.5%** | **Health — 0.5%** |  |
| City of Tampa Florida, RB, Series B, 5.00%, 07/01/50 | 1000 | &nbsp;&nbsp; 1001662 |
| &nbsp;&nbsp;&nbsp; County of Miami-Dade Florida, Refunding RB, 5.00%, <br> 06/01/29<br>| 25 | &nbsp;&nbsp; 26678 |
|  |  | &nbsp;&nbsp; 1028340 |
| **State — 0.0%** | **State — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Florida Department of Management Services, Refunding <br> COP, Series A, 5.00%, 11/01/27<br>| 25 | &nbsp;&nbsp; 25953 |
| **Transportation — 1.2%** | **Transportation — 1.2%** |  |
| &nbsp;&nbsp;&nbsp; Central Florida Expressway Authority, Refunding RB, <br> Series B, Senior Lien, 5.00%, 07/01/26<sup>(d)</sup><br>| 1000 | &nbsp;&nbsp; 1006289 |
| &nbsp;&nbsp;&nbsp; County of Lee Florida Airport Revenue, ARB, AMT, 5.25%, <br> 10/01/54<br>| 500 | &nbsp;&nbsp; 510336 |
| Greater Orlando Aviation Authority, ARB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 10/01/33 | 500 | &nbsp;&nbsp; 511819 |
| &nbsp;&nbsp;&nbsp; AMT, Subordinate Lien, 5.25%, 10/01/45 | 435 | &nbsp;&nbsp; 458813 |
|  |  | &nbsp;&nbsp; 2487257 |
| **Utilities — 0.2%** | **Utilities — 0.2%** |  |
| Tampa Bay Water, RB, Series A, 5.25%, 10/01/54 | 500 | &nbsp;&nbsp; 525015 |
| **Total Municipal Bonds in Florida** | **Total Municipal Bonds in Florida** | &nbsp;&nbsp; 9823061 |
| **Georgia — 2.3%** | **Georgia — 2.3%** |  |
| **Corporate — 1.2%** | **Corporate — 1.2%** |  |
| Main Street Natural Gas, Inc., RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 05/15/49 | 375 | &nbsp;&nbsp; 377717 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 05/01/54<sup>(a)</sup> | 1000 | &nbsp;&nbsp; 1059676 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 12/01/54<sup>(a)</sup> | 500 | &nbsp;&nbsp; 533702 |
| &nbsp;&nbsp;&nbsp; Series D, 5.00%, 04/01/54<sup>(a)</sup> | 500 | &nbsp;&nbsp; 530879 |
|  |  | &nbsp;&nbsp; 2501974 |
| **County/City/Special District/School District — 0.0%** | **County/City/Special District/School District — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; State of Georgia, Refunding GO, Series C, 5.00%, <br> 07/01/29<br>| 25 | &nbsp;&nbsp; 25775 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Education — 0.2%** | **Education — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Private Colleges & Universities Authority, Refunding RB, <br> Series A, 5.00%, 09/01/29<br>| $410 | &nbsp;&nbsp; $440350 |
| **State — 0.3%** | **State — 0.3%** |  |
| State of Georgia, GO, Series A, 5.00%, 02/01/29 | 650 | &nbsp;&nbsp; 654195 |
| &nbsp;&nbsp;&nbsp; State of Georgia, Refunding GO, Series C-1, 3.00%, <br> 01/01/27<br>| 40 | &nbsp;&nbsp; 40138 |
|  |  | &nbsp;&nbsp; 694333 |
| **Utilities — 0.6%** | **Utilities — 0.6%** |  |
| &nbsp;&nbsp;&nbsp; County of DeKalb GA Water & Sewerage Revenue, RB, <br> Series A, 5.00%, 10/01/50<br>| 250 | &nbsp;&nbsp; 259933 |
| Municipal Electric Authority of Georgia, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Class A, Subordinate, (BAM), 5.25%, 01/01/54 | 500 | &nbsp;&nbsp; 514471 |
| &nbsp;&nbsp;&nbsp; Series A, Subordinate, 5.00%, 01/01/36 | 325 | &nbsp;&nbsp; 359788 |
|  |  | &nbsp;&nbsp; 1134192 |
| **Total Municipal Bonds in Georgia** | **Total Municipal Bonds in Georgia** | &nbsp;&nbsp; 4796624 |
| **Hawaii — 0.0%** | **Hawaii — 0.0%** |  |
| **County/City/Special District/School District — 0.0%** | **County/City/Special District/School District — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; City & County of Honolulu, Refunding GO, 5.00%, <br> 03/01/27<br>| 25 | &nbsp;&nbsp; 25580 |
| **State — 0.0%** | **State — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; State of Hawaii, Refunding GO, Series FE, 5.00%, <br> 10/01/27<br>| 20 | &nbsp;&nbsp; 20225 |
| **Total Municipal Bonds in Hawaii** | **Total Municipal Bonds in Hawaii** | &nbsp;&nbsp; 45805 |
| **Illinois — 6.2%** | **Illinois — 6.2%** |  |
| **County/City/Special District/School District — 0.8%** | **County/City/Special District/School District — 0.8%** |  |
| City of Chicago Illinois, GO, Series A, 5.50%, 01/01/39 | 150 | &nbsp;&nbsp; 155398 |
| City of Chicago Illinois, Refunding GO |  |  |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 01/01/33 | 500 | &nbsp;&nbsp; 520969 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 01/01/34 | 675 | &nbsp;&nbsp; 701811 |
| &nbsp;&nbsp;&nbsp; County of Cook Illinois, Refunding GO, Series B, 4.00%, <br> 11/15/28<br>| 25 | &nbsp;&nbsp; 25727 |
| &nbsp;&nbsp;&nbsp; Metropolitan Water Reclamation District of Greater <br> Chicago, Refunding GO<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 12/01/28 | 35 | &nbsp;&nbsp; 35542 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 12/01/29 | 55 | &nbsp;&nbsp; 55830 |
| &nbsp;&nbsp;&nbsp; Metropolitan Water Reclamation District of Greater <br> Chicago, Refunding GOL, Series C, 5.00%, 12/01/31<br>| 85 | &nbsp;&nbsp; 94465 |
|  |  | &nbsp;&nbsp; 1589742 |
| **Education — 0.2%** | **Education — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Illinois Finance Authority, Refunding RB, Series A, 5.25%, <br> 05/15/48<br>| 450 | &nbsp;&nbsp; 468807 |
| **Health — 0.5%** | **Health — 0.5%** |  |
| Illinois Finance Authority, Refunding RB, 5.00%, 12/01/40 | 1000 | &nbsp;&nbsp; 1003983 |
| **State — 3.1%** | **State — 3.1%** |  |
| Metropolitan Pier & Exposition Authority, Refunding RB<sup>(c)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, (AGM), 0.00%, 06/15/44 | 1000 | &nbsp;&nbsp; 435419 |
| &nbsp;&nbsp;&nbsp; Series B, (AGM), 0.00%, 06/15/46 | 1105 | &nbsp;&nbsp; 425781 |
| &nbsp;&nbsp;&nbsp; State of Illinois Sales Tax Revenue, RB, Series A, 5.00%, <br> 06/15/29<br>| 1000 | &nbsp;&nbsp; 1068397 |
| State of Illinois, GO |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/01/30 | 500 | &nbsp;&nbsp; 529878 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 05/01/34 | 530 | &nbsp;&nbsp; 583469 |
| &nbsp;&nbsp;&nbsp; Series C, 5.00%, 11/01/29 | 1000 | &nbsp;&nbsp; 1027963 |
| &nbsp;&nbsp;&nbsp; Series D, 5.00%, 11/01/26 | 500 | &nbsp;&nbsp; 506329 |

---

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**iShares Municipal Bond Index Fund** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **State (continued)** | **State (continued)** |  |
| State of Illinois, Refunding GO |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 02/01/32 | 500 | &nbsp;&nbsp; $545119 |
| &nbsp;&nbsp;&nbsp; 5.00%, 02/01/39 | 500 | &nbsp;&nbsp; 531921 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 10/01/28 | 500 | &nbsp;&nbsp; 524872 |
| &nbsp;&nbsp;&nbsp; Series D, 5.00%, 07/01/34 | 190 | &nbsp;&nbsp; 205054 |
|  |  | &nbsp;&nbsp; 6384202 |
| **Transportation — 1.1%** | **Transportation — 1.1%** |  |
| &nbsp;&nbsp;&nbsp; Chicago O'Hare International Airport, Refunding ARB, <br> Series B, Senior Lien, 4.00%, 01/01/44<br>| 1000 | &nbsp;&nbsp; 938970 |
| &nbsp;&nbsp;&nbsp; Chicago Transit Authority Capital Grant Receipts <br> Revenue, Refunding RB, 5.00%, 06/01/28<br>| 190 | &nbsp;&nbsp; 198404 |
| &nbsp;&nbsp;&nbsp; Illinois State Toll Highway Authority, Refunding RB, <br> Series A, 5.00%, 01/01/30<br>| 250 | &nbsp;&nbsp; 265016 |
| &nbsp;&nbsp;&nbsp; Regional Transportation Authority, RB, Series A, (AGM), <br> 5.75%, 06/01/34<br>| 730 | &nbsp;&nbsp; 818690 |
|  |  | &nbsp;&nbsp; 2221080 |
| **Utilities — 0.5%** | **Utilities — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; Illinois Finance Authority, RB, Sustainability Bonds, 5.00%, <br> 07/01/36<br>| 1085 | &nbsp;&nbsp; 1161347 |
| **Total Municipal Bonds in Illinois** | **Total Municipal Bonds in Illinois** | &nbsp;&nbsp; 12829161 |
| **Indiana — 0.6%** | **Indiana — 0.6%** |  |
| **County/City/Special District/School District — 0.2%** | **County/City/Special District/School District — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Indianapolis Local Public Improvement Bond Bank, <br> Refunding RB, Series A, 5.00%, 06/01/30<br>| 400 | &nbsp;&nbsp; 434979 |
| **Health — 0.3%** | **Health — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; Indiana Finance Authority, Refunding RB, 5.25%, <br> 03/01/54<br>| 500 | &nbsp;&nbsp; 504293 |
| **State — 0.1%** | **State — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Indiana Finance Authority, Refunding RB, Series A, <br> 5.00%, 02/01/30<br>| 195 | &nbsp;&nbsp; 210876 |
| **Transportation — 0.0%** | **Transportation — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Indiana Finance Authority, Refunding RB, Series C, <br> 5.00%, 06/01/27<br>| 20 | &nbsp;&nbsp; 20308 |
| **Total Municipal Bonds in Indiana** | **Total Municipal Bonds in Indiana** | &nbsp;&nbsp; 1170456 |
| **Kansas — 0.1%** | **Kansas — 0.1%** |  |
| **Health — 0.1%** | **Health — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; University of Kansas Hospital Authority, Refunding RB, <br> Series A, 5.00%, 03/01/27<sup>(d)</sup><br>| 155 | &nbsp;&nbsp; 158282 |
| **Kentucky — 2.1%** | **Kentucky — 2.1%** |  |
| **Corporate — 0.4%** | **Corporate — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; Kentucky Public Energy Authority, RB, Series A-1, 4.00%, <br> 08/01/52<sup>(a)</sup><br>| 25 | &nbsp;&nbsp; 25277 |
| &nbsp;&nbsp;&nbsp; Kentucky Public Energy Authority, Refunding RB, <br> Series B, 5.00%, 01/01/55<sup>(a)</sup><br>| 500 | &nbsp;&nbsp; 529270 |
| &nbsp;&nbsp;&nbsp; Louisville/Jefferson County Metropolitan Government, <br> Refunding RB, 2.00%, 10/01/33<br>| 400 | &nbsp;&nbsp; 340900 |
|  |  | &nbsp;&nbsp; 895447 |
| **County/City/Special District/School District — 0.3%** | **County/City/Special District/School District — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; Scott County School District Finance Corp., RB, 5.00%, <br> 09/01/41<br>| 500 | &nbsp;&nbsp; 527016 |
| **Housing — 0.3%** | **Housing — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; Kentucky Housing Corp., RB, S/F Housing, Series A, <br> (FHLMC, FNMA, GNMA), 6.25%, 07/01/55<br>| 495 | &nbsp;&nbsp; 543943 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **State — 0.4%** | **State — 0.4%** |  |
| Kentucky State Property & Building Commission, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 04/01/28 | $165 | &nbsp;&nbsp; $172612 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 09/01/28 | 20 | &nbsp;&nbsp; 21117 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 09/01/43 | 500 | &nbsp;&nbsp; 540381 |
| &nbsp;&nbsp;&nbsp; Kentucky State Property & Building Commission, <br> Refunding RB, Series B, (SAP), 5.00%, 11/01/28<br>| 55 | &nbsp;&nbsp; 55801 |
|  |  | &nbsp;&nbsp; 789911 |
| **Transportation — 0.2%** | **Transportation — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Kenton County Airport Board, ARB, Series A, AMT, 5.25%, <br> 01/01/54<br>| 500 | &nbsp;&nbsp; 507938 |
| **Utilities — 0.5%** | **Utilities — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; Kentucky Municipal Energy Agency, RB, (AGM), 5.00%, <br> 01/01/50<br>| 500 | &nbsp;&nbsp; 509215 |
| &nbsp;&nbsp;&nbsp; Louisville and Jefferson County Metropolitan Sewer <br> District, Refunding RB, Series A, 5.00%, 05/15/37<br>| 500 | &nbsp;&nbsp; 558511 |
|  |  | &nbsp;&nbsp; 1067726 |
| **Total Municipal Bonds in Kentucky** | **Total Municipal Bonds in Kentucky** | &nbsp;&nbsp; 4331981 |
| **Louisiana — 0.6%** | **Louisiana — 0.6%** |  |
| **Corporate — 0.6%** | **Corporate — 0.6%** |  |
| &nbsp;&nbsp;&nbsp; Parish of St. John the Baptist Louisiana, Refunding RB, <br> Series C, 3.30%, 06/01/37<sup>(a)</sup><br>| 1250 | &nbsp;&nbsp; 1260572 |
| **State — 0.0%** | **State — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; State of Louisiana, Refunding GO, Series B, 5.00%, <br> 08/01/28<br>| 30 | &nbsp;&nbsp; 30232 |
| **Total Municipal Bonds in Louisiana** | **Total Municipal Bonds in Louisiana** | &nbsp;&nbsp; 1290804 |
| **Maine — 0.3%** | **Maine — 0.3%** |  |
| **Education — 0.3%** | **Education — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; Maine Health & Higher Educational Facilities Authority, <br> RB, Series B, 5.25%, 10/01/54<br>| 500 | &nbsp;&nbsp; 515809 |
| **Maryland — 1.1%** | **Maryland — 1.1%** |  |
| **Housing — 0.5%** | **Housing — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; Maryland Community Development Administration, <br> Refunding RB, S/F Housing, Series E, Sustainability <br> Bonds, (FHLMC, FNMA, GNMA), 6.25%, 03/01/54<br>| 825 | &nbsp;&nbsp; 895388 |
| **State — 0.2%** | **State — 0.2%** |  |
| State of Maryland, GO, Series A, 5.00%, 03/15/31 | 400 | &nbsp;&nbsp; 408505 |
| **Transportation — 0.4%** | **Transportation — 0.4%** |  |
| State of Maryland Department of Transportation, ARB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/01/29 | 825 | &nbsp;&nbsp; 833852 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 10/01/30 | 35 | &nbsp;&nbsp; 36318 |
|  |  | &nbsp;&nbsp; 870170 |
| **Total Municipal Bonds in Maryland** | **Total Municipal Bonds in Maryland** | &nbsp;&nbsp; 2174063 |
| **Massachusetts — 2.5%** | **Massachusetts — 2.5%** |  |
| **Education — 0.8%** | **Education — 0.8%** |  |
| &nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency, Refunding <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 02/15/33 | 530 | &nbsp;&nbsp; 600645 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 02/15/34 | 455 | &nbsp;&nbsp; 520364 |
| &nbsp;&nbsp;&nbsp; Series B, 4.00%, 02/15/36 | 485 | &nbsp;&nbsp; 515143 |
|  |  | &nbsp;&nbsp; 1636152 |
| **Health — 0.5%** | **Health — 0.5%** |  |
| Massachusetts Development Finance Agency, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series M, 5.00%, 07/01/32 | 500 | &nbsp;&nbsp; 553235 |
| &nbsp;&nbsp;&nbsp; Series M, 5.00%, 07/01/34 | 500 | &nbsp;&nbsp; 557275 |
|  |  | &nbsp;&nbsp; 1110510 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**iShares Municipal Bond Index Fund** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **State — 1.2%** | **State — 1.2%** |  |
| &nbsp;&nbsp;&nbsp; Commonwealth of Massachusetts, GO, Series G, 4.00%, <br> 09/01/32<br>| $1325 | &nbsp;&nbsp; $1329429 |
| &nbsp;&nbsp;&nbsp; Commonwealth of Massachusetts, GOL, Series E, 4.00%, <br> 04/01/46<br>| 530 | &nbsp;&nbsp; 497559 |
| &nbsp;&nbsp;&nbsp; Commonwealth of Massachusetts, Refunding GOL, <br> Series A, (AMBAC), 5.50%, 08/01/30<br>| 520 | &nbsp;&nbsp; 575579 |
|  |  | &nbsp;&nbsp; 2402567 |
| **Total Municipal Bonds in Massachusetts** | **Total Municipal Bonds in Massachusetts** | &nbsp;&nbsp; 5149229 |
| **Michigan — 2.5%** | **Michigan — 2.5%** |  |
| **Education — 0.3%** | **Education — 0.3%** |  |
| University of Michigan, Refunding RB, 5.00%, 04/01/26<sup>(d)</sup> | 585 | &nbsp;&nbsp; 585000 |
| **Health — 0.5%** | **Health — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; Michigan Finance Authority, Refunding RB, Series A, <br> 5.00%, 12/01/41<br>| 1000 | &nbsp;&nbsp; 1034040 |
| **Housing — 0.6%** | **Housing — 0.6%** |  |
| &nbsp;&nbsp;&nbsp; Michigan State Housing Development Authority, RB, S/F <br> Housing, Series D, Sustainability Bonds, 6.25%, <br> 06/01/55<br>| 985 | &nbsp;&nbsp; 1076817 |
| &nbsp;&nbsp;&nbsp; Michigan State Housing Development Authority, <br> Refunding RB, S/F Housing, Series B, Sustainability <br> Bonds, 5.75%, 06/01/54<br>| 205 | &nbsp;&nbsp; 218884 |
|  |  | &nbsp;&nbsp; 1295701 |
| **State — 0.6%** | **State — 0.6%** |  |
| Michigan State Building Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series I, 5.00%, 10/15/30 | 250 | &nbsp;&nbsp; 252925 |
| &nbsp;&nbsp;&nbsp; Series I, 5.00%, 10/15/32 | 250 | &nbsp;&nbsp; 252764 |
| &nbsp;&nbsp;&nbsp; Series I, 3.00%, 10/15/51 | 1000 | &nbsp;&nbsp; 717765 |
|  |  | &nbsp;&nbsp; 1223454 |
| **Utilities — 0.5%** | **Utilities — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; Great Lakes Water Authority Water Supply System <br> Revenue, Refunding RB, Series A, Senior Lien, 5.00%, <br> 07/01/32<br>| 1000 | &nbsp;&nbsp; 1119063 |
| **Total Municipal Bonds in Michigan** | **Total Municipal Bonds in Michigan** | &nbsp;&nbsp; 5257258 |
| **Minnesota — 0.8%** | **Minnesota — 0.8%** |  |
| **County/City/Special District/School District — 0.0%** | **County/City/Special District/School District — 0.0%** |  |
| Metropolitan Council, GO, Series C, 5.00%, 12/01/26 | 45 | &nbsp;&nbsp; 45741 |
| **Housing — 0.5%** | **Housing — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; Minnesota Housing Finance Agency, RB, S/F Housing, <br> Series U, Sustainability Bonds, (FHLMC, FNMA, <br> GNMA), 6.25%, 07/01/55<br>| 955 | &nbsp;&nbsp; 1066415 |
| **State — 0.3%** | **State — 0.3%** |  |
| State of Minnesota, GO, Series A, 5.00%, 08/01/41 | 500 | &nbsp;&nbsp; 550284 |
| **Total Municipal Bonds in Minnesota** | **Total Municipal Bonds in Minnesota** | &nbsp;&nbsp; 1662440 |
| **Missouri — 0.8%** | **Missouri — 0.8%** |  |
| **Health — 0.0%** | **Health — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Health & Educational Facilities Authority of the State of <br> Missouri, Refunding RB, Series A, 5.00%, 06/01/28<br>| 125 | &nbsp;&nbsp; 130451 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Housing — 0.5%** | **Housing — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; Missouri Housing Development Commission, RB, S/F <br> Housing, Series G, (FHLMC, FNMA, GNMA), 5.50%, <br> 05/01/55<br>| $925 | &nbsp;&nbsp; $988188 |
| **Utilities — 0.3%** | **Utilities — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; Missouri Joint Municipal Electric Utility Commission, RB, <br> 5.25%, 01/01/56<br>| 500 | &nbsp;&nbsp; 518915 |
| &nbsp;&nbsp;&nbsp; Missouri Joint Municipal Electric Utility Commission, <br> Refunding RB, 5.00%, 01/01/29<br>| 35 | &nbsp;&nbsp; 37017 |
|  |  | &nbsp;&nbsp; 555932 |
| **Total Municipal Bonds in Missouri** | **Total Municipal Bonds in Missouri** | &nbsp;&nbsp; 1674571 |
| **Nebraska — 0.1%** | **Nebraska — 0.1%** |  |
| **Health — 0.1%** | **Health — 0.1%** |  |
| Village of Boys Town, Refunding RB, 3.00%, 09/01/28 | 250 | &nbsp;&nbsp; 249420 |
| **Nevada — 0.3%** | **Nevada — 0.3%** |  |
| **County/City/Special District/School District — 0.3%** | **County/City/Special District/School District — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; Clark County School District, GOL, Series B, 5.00%, <br> 06/15/28<br>| 130 | &nbsp;&nbsp; 136473 |
| &nbsp;&nbsp;&nbsp; County of Clark NV, Refunding GOL, Series A, 4.00%, <br> 06/01/31<br>| 20 | &nbsp;&nbsp; 21115 |
| &nbsp;&nbsp;&nbsp; County of Clark NV, Refunding RB, Series C, 5.00%, <br> 07/01/27<br>| 60 | &nbsp;&nbsp; 61818 |
| &nbsp;&nbsp;&nbsp; Washoe County School District, GOL, Series A, 4.00%, <br> 10/01/54<br>| 490 | &nbsp;&nbsp; 430197 |
| **Total Municipal Bonds in Nevada** | **Total Municipal Bonds in Nevada** | &nbsp;&nbsp; 649603 |
| **New Hampshire — 0.5%** | **New Hampshire — 0.5%** |  |
| **Housing — 0.3%** | **Housing — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; New Hampshire Housing Finance Authority, RB, S/F <br> Housing, Series A, Sustainability Bonds, (FHLMC, <br> FNMA, GNMA), 6.50%, 01/01/56<br>| 495 | &nbsp;&nbsp; 558367 |
| **Utilities — 0.2%** | **Utilities — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; New Hampshire Business Finance Authority, RB, Series A, <br> Sustainability Bonds, 5.50%, 06/01/55<br>| 500 | &nbsp;&nbsp; 511807 |
| **Total Municipal Bonds in New Hampshire** | **Total Municipal Bonds in New Hampshire** | &nbsp;&nbsp; 1070174 |
| **New Jersey — 4.0%** | **New Jersey — 4.0%** |  |
| **Education — 0.9%** | **Education — 0.9%** |  |
| New Jersey Educational Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/64<sup>(a)</sup> | 1000 | &nbsp;&nbsp; 1096112 |
| &nbsp;&nbsp;&nbsp; Series A1, 5.00%, 03/01/36 | 650 | &nbsp;&nbsp; 734090 |
|  |  | &nbsp;&nbsp; 1830202 |
| **Health — 0.4%** | **Health — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; New Jersey Health Care Facilities Financing Authority, <br> RB, 4.00%, 07/01/51<br>| 1000 | &nbsp;&nbsp; 937443 |
| **State — 1.2%** | **State — 1.2%** |  |
| &nbsp;&nbsp;&nbsp; Garden State Preservation Trust, RB, Series A, (AGM), <br> 5.75%, 11/01/28<br>| 770 | &nbsp;&nbsp; 807671 |
| State of New Jersey, GO, Series A, 4.00%, 06/01/31 | 1500 | &nbsp;&nbsp; 1589361 |
|  |  | &nbsp;&nbsp; 2397032 |
| **Transportation — 1.5%** | **Transportation — 1.5%** |  |
| New Jersey Transportation Trust Fund Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 12/15/28<sup>(d)</sup> | 175 | &nbsp;&nbsp; 186499 |

---

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**iShares Municipal Bond Index Fund** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Transportation (continued)** | **Transportation (continued)** |  |
| &nbsp;&nbsp;&nbsp; New Jersey Transportation Trust Fund Authority, <br> RB (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 0.00%, 12/15/28<sup>(c)</sup> | 180 | &nbsp;&nbsp; $165882 |
| &nbsp;&nbsp;&nbsp; Series A, 0.00%, 12/15/32<sup>(c)</sup> | 250 | &nbsp;&nbsp; 198964 |
| &nbsp;&nbsp;&nbsp; Series AA, 3.00%, 06/15/50 | 1000 | &nbsp;&nbsp; 729917 |
| &nbsp;&nbsp;&nbsp; Series C, (AGM), 0.00%, 12/15/29<sup>(c)</sup> | 205 | &nbsp;&nbsp; 183137 |
| &nbsp;&nbsp;&nbsp; New Jersey Transportation Trust Fund Authority, RB, <br> CAB<sup>(c)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 0.00%, 12/15/28 | 55 | &nbsp;&nbsp; 50686 |
| &nbsp;&nbsp;&nbsp; Series A, 0.00%, 12/15/38 | 530 | &nbsp;&nbsp; 314384 |
| &nbsp;&nbsp;&nbsp; New Jersey Transportation Trust Fund Authority, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/15/31 | 185 | &nbsp;&nbsp; 204062 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 12/15/31 | 1000 | &nbsp;&nbsp; 1023372 |
| &nbsp;&nbsp;&nbsp; Series AA, 5.00%, 06/15/27 | 20 | &nbsp;&nbsp; 20578 |
|  |  | &nbsp;&nbsp; 3077481 |
| **Total Municipal Bonds in New Jersey** | **Total Municipal Bonds in New Jersey** | &nbsp;&nbsp; 8242158 |
| **New York — 17.9%** | **New York — 17.9%** |  |
| **County/City/Special District/School District — 5.0%** | **County/City/Special District/School District — 5.0%** |  |
| &nbsp;&nbsp;&nbsp; Battery Park City Authority, Refunding RB, Sustainability <br> Bonds, 5.00%, 11/01/50<br>| 725 | &nbsp;&nbsp; 753100 |
| City of New York, GO |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 08/01/28 | 35 | &nbsp;&nbsp; 36812 |
| &nbsp;&nbsp;&nbsp; Series C, 4.00%, 08/01/40 | 1840 | &nbsp;&nbsp; 1801093 |
| &nbsp;&nbsp;&nbsp; Series D-1, 5.00%, 12/01/35 | 500 | &nbsp;&nbsp; 523554 |
| &nbsp;&nbsp;&nbsp; Series D-1, 4.00%, 12/01/41 | 1000 | &nbsp;&nbsp; 943834 |
| City of New York, Refunding GO |  |  |
| &nbsp;&nbsp;&nbsp; Series B-1, 5.00%, 08/01/31 | 1000 | &nbsp;&nbsp; 1099759 |
| &nbsp;&nbsp;&nbsp; Sub-Series F-1, 5.00%, 08/01/27 | 380 | &nbsp;&nbsp; 392258 |
| &nbsp;&nbsp;&nbsp; Nassau County Interim Finance Authority, Refunding RB, <br> Series A, 4.00%, 11/15/34<br>| 310 | &nbsp;&nbsp; 324645 |
| &nbsp;&nbsp;&nbsp; New York City Industrial Development Agency, Refunding <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; (AGM), 5.00%, 03/01/30 | 360 | &nbsp;&nbsp; 387201 |
| &nbsp;&nbsp;&nbsp; (AGM), 4.00%, 03/01/45 | 300 | &nbsp;&nbsp; 279028 |
| &nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future Tax <br> Secured Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, 5.00%, 08/01/36 | 500 | &nbsp;&nbsp; 519145 |
| &nbsp;&nbsp;&nbsp; Subordinate, 4.00%, 05/01/42 | 1000 | &nbsp;&nbsp; 976493 |
| &nbsp;&nbsp;&nbsp; Series A-1, Subordinate, 5.00%, 05/01/32 | 560 | &nbsp;&nbsp; 623012 |
| &nbsp;&nbsp;&nbsp; Series B, Subordinate, 5.00%, 05/01/35 | 170 | &nbsp;&nbsp; 190052 |
| &nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future Tax <br> Secured Revenue, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B-1, 5.00%, 11/01/31 | 30 | &nbsp;&nbsp; 33194 |
| &nbsp;&nbsp;&nbsp; Series D-1, 5.00%, 11/01/31 | 170 | &nbsp;&nbsp; 188097 |
| &nbsp;&nbsp;&nbsp; Series F-1, 5.00%, 11/01/27 | 20 | &nbsp;&nbsp; 20769 |
| &nbsp;&nbsp;&nbsp; Series F-1, 5.00%, 11/01/31 | 135 | &nbsp;&nbsp; 149371 |
| &nbsp;&nbsp;&nbsp; Series E-1, Subordinate, 5.00%, 11/01/28 | 205 | &nbsp;&nbsp; 217286 |
| &nbsp;&nbsp;&nbsp; Series G-1, Subordinate, 5.00%, 11/01/28 | 240 | &nbsp;&nbsp; 254384 |
| &nbsp;&nbsp;&nbsp; Series J-1, Subordinate, 5.00%, 11/01/30 | 305 | &nbsp;&nbsp; 334401 |
| &nbsp;&nbsp;&nbsp; New York State Dormitory Authority, RB, Class A, (AGM <br> SAW), 5.00%, 10/01/30<br>| 230 | &nbsp;&nbsp; 253817 |
| &nbsp;&nbsp;&nbsp; New York State Dormitory Authority, Refunding RB, <br> Series E, 5.00%, 09/15/28<sup>(d)</sup><br>| 5 | &nbsp;&nbsp; 5286 |
|  |  | &nbsp;&nbsp; 10306591 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Education — 0.6%** | **Education — 0.6%** |  |
| &nbsp;&nbsp;&nbsp; New York State Dormitory Authority, RB, Series A, 4.00%, <br> 07/01/41<br>| $1000 | &nbsp;&nbsp; $981081 |
| &nbsp;&nbsp;&nbsp; New York State Dormitory Authority, Refunding RB, <br> Series A, 5.50%, 07/01/54<br>| 290 | &nbsp;&nbsp; 309991 |
|  |  | &nbsp;&nbsp; 1291072 |
| **State — 4.4%** | **State — 4.4%** |  |
| &nbsp;&nbsp;&nbsp; Empire State Development Corp., RB, Class A, 4.00%, <br> 03/15/47<br>| 1000 | &nbsp;&nbsp; 912807 |
| Empire State Development Corp., Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 03/15/39 | 1000 | &nbsp;&nbsp; 1048168 |
| &nbsp;&nbsp;&nbsp; Series E, 3.00%, 03/15/47 | 715 | &nbsp;&nbsp; 536353 |
| &nbsp;&nbsp;&nbsp; Series E, 3.00%, 03/15/50 | 1130 | &nbsp;&nbsp; 817815 |
| &nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Building Aid <br> Revenue, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series S-2A, (SAW), 5.00%, 07/15/27 | 60 | &nbsp;&nbsp; 61904 |
| &nbsp;&nbsp;&nbsp; Series S-2A, Subordinate, (SAW), 4.00%, 07/15/36 | 1455 | &nbsp;&nbsp; 1466712 |
| &nbsp;&nbsp;&nbsp; New York State Dormitory Authority, RB, Series A, 5.00%, <br> 03/15/35<br>| 740 | &nbsp;&nbsp; 768590 |
| New York State Dormitory Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 03/15/43 | 500 | &nbsp;&nbsp; 475111 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 03/15/43 | 250 | &nbsp;&nbsp; 271125 |
| &nbsp;&nbsp;&nbsp; Series A, 3.00%, 03/15/51 | 1000 | &nbsp;&nbsp; 717489 |
| &nbsp;&nbsp;&nbsp; Series D, 4.00%, 02/15/47 | 1000 | &nbsp;&nbsp; 894010 |
| &nbsp;&nbsp;&nbsp; Series E, 3.00%, 03/15/41 | 1500 | &nbsp;&nbsp; 1277824 |
|  |  | &nbsp;&nbsp; 9247908 |
| **Transportation — 7.1%** | **Transportation — 7.1%** |  |
| &nbsp;&nbsp;&nbsp; Metropolitan Transportation Authority, RB, Series A-1, <br> Sustainability Bonds, 4.00%, 11/15/48<br>| 500 | &nbsp;&nbsp; 434846 |
| Metropolitan Transportation Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Class B, 5.00%, 11/15/30 | 500 | &nbsp;&nbsp; 548453 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 11/15/44 | 1000 | &nbsp;&nbsp; 1047580 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 11/15/37 | 1075 | &nbsp;&nbsp; 1082299 |
| New York State Thruway Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/44 | 250 | &nbsp;&nbsp; 268879 |
| &nbsp;&nbsp;&nbsp; Series A-1, 4.00%, 03/15/44 | 1000 | &nbsp;&nbsp; 943459 |
| &nbsp;&nbsp;&nbsp; Series B, Subordinate, 4.00%, 01/01/50 | 1000 | &nbsp;&nbsp; 877415 |
| New York Transportation Development Corp., RB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 5.25%, 06/30/49 | 100 | &nbsp;&nbsp; 99943 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 5.50%, 06/30/60 | 1000 | &nbsp;&nbsp; 1001526 |
| &nbsp;&nbsp;&nbsp; New York Transportation Development Corp., Refunding <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, Sustainability Bonds, 5.50%, 12/31/54 | 1000 | &nbsp;&nbsp; 1006934 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, Sustainability Bonds, 5.50%, 12/31/60 | 2000 | &nbsp;&nbsp; 2010480 |
| Port Authority of New York & New Jersey, Refunding ARB |  |  |
| &nbsp;&nbsp;&nbsp; Series 238, AMT, 5.00%, 07/15/36 | 1545 | &nbsp;&nbsp; 1671956 |
| &nbsp;&nbsp;&nbsp; Series 238, AMT, 5.00%, 07/15/37 | 280 | &nbsp;&nbsp; 301490 |
| Triborough Bridge & Tunnel Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Class A, 5.00%, 12/01/44 | 500 | &nbsp;&nbsp; 534527 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 11/15/42 | 215 | &nbsp;&nbsp; 209958 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 12/01/54 | 640 | &nbsp;&nbsp; 666162 |
| Triborough Bridge & Tunnel Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 11/15/31 | 1000 | &nbsp;&nbsp; 1002285 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 11/15/38 | 1000 | &nbsp;&nbsp; 1017668 |
|  |  | &nbsp;&nbsp; 14725860 |
| **Utilities — 0.8%** | **Utilities — 0.8%** |  |
| &nbsp;&nbsp;&nbsp; Long Island Power Authority, RB, Series B, 3.00%, <br> 09/01/55<sup>(a)</sup><br>| 465 | &nbsp;&nbsp; 465279 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**iShares Municipal Bond Index Fund** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Utilities (continued)** | **Utilities (continued)** |  |
| &nbsp;&nbsp;&nbsp; Long Island Power Authority, Refunding RB, Series A, <br> 5.00%, 09/01/42<br>| 240 | &nbsp;&nbsp; $262512 |
| &nbsp;&nbsp;&nbsp; New York Power Authority, Refunding RB, Series A, <br> Sustainability Bonds, 4.00%, 11/15/50<br>| 1000 | &nbsp;&nbsp; 897032 |
|  |  | &nbsp;&nbsp; 1624823 |
| **Total Municipal Bonds in New York** | **Total Municipal Bonds in New York** | &nbsp;&nbsp; 37196254 |
| **North Carolina — 1.2%** | **North Carolina — 1.2%** |  |
| **Housing — 0.5%** | **Housing — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; North Carolina Housing Finance Agency, RB, S/F <br> Housing, Series 55A, (FHLMC, FNMA, GNMA), 6.25%, <br> 07/01/55<br>| 980 | &nbsp;&nbsp; 1070541 |
| **Transportation**<sup>(c)</sup> **— 0.4%** | **Transportation**<sup>(c)</sup> **— 0.4%** |  |
| &nbsp;&nbsp;&nbsp; North Carolina Turnpike Authority, RB, Series B, (AGM), <br> 0.00%, 01/01/34<br>| 500 | &nbsp;&nbsp; 375754 |
| &nbsp;&nbsp;&nbsp; North Carolina Turnpike Authority, RB, CAB, 0.00%, <br> 01/01/49<br>| 1000 | &nbsp;&nbsp; 314339 |
|  |  | &nbsp;&nbsp; 690093 |
| **Utilities — 0.3%** | **Utilities — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; North Carolina Municipal Power Agency No. 1, Refunding <br> RB, Series A, 5.00%, 01/01/28<br>| 650 | &nbsp;&nbsp; 654467 |
| **Total Municipal Bonds in North Carolina** | **Total Municipal Bonds in North Carolina** | &nbsp;&nbsp; 2415101 |
| **North Dakota — 0.5%** | **North Dakota — 0.5%** |  |
| **Housing — 0.5%** | **Housing — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; North Dakota Housing Finance Agency, RB, S/F Housing, <br> Series D, Sustainability Bonds, 6.00%, 07/01/55<br>| 990 | &nbsp;&nbsp; 1093932 |
| **Ohio — 1.5%** | **Ohio — 1.5%** |  |
| **Corporate — 0.5%** | **Corporate — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; Ohio Air Quality Development Authority, Refunding RB, <br> Series A, AMT, 4.25%, 11/01/39<sup>(a)</sup><br>| 1000 | &nbsp;&nbsp; 1008579 |
| **County/City/Special District/School District — 0.2%** | **County/City/Special District/School District — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; JobsOhio Beverage System, Refunding RB, Class A, <br> Senior Lien, 5.00%, 01/01/53<br>| 375 | &nbsp;&nbsp; 385034 |
| **Education — 0.1%** | **Education — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Ohio Higher Educational Facility Commission, RB, <br> Class A, Sustainability Bonds, 5.25%, 10/01/53<br>| 205 | &nbsp;&nbsp; 211410 |
| **Utilities — 0.7%** | **Utilities — 0.7%** |  |
| &nbsp;&nbsp;&nbsp; American Municipal Power, Inc., Refunding RB, 5.00%, <br> 02/15/33<br>| 1000 | &nbsp;&nbsp; 1066150 |
| &nbsp;&nbsp;&nbsp; Ohio Water Development Authority, RB, Class A, 5.25%, <br> 12/01/45<br>| 380 | &nbsp;&nbsp; 413428 |
|  |  | &nbsp;&nbsp; 1479578 |
| **Total Municipal Bonds in Ohio** | **Total Municipal Bonds in Ohio** | &nbsp;&nbsp; 3084601 |
| **Oklahoma — 0.8%** | **Oklahoma — 0.8%** |  |
| **Transportation — 0.5%** | **Transportation — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; Oklahoma Turnpike Authority, RB, Series A, 5.50%, <br> 01/01/54<br>| 1000 | &nbsp;&nbsp; 1064289 |
| **Utilities — 0.3%** | **Utilities — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; Grand River Dam Authority, Refunding RB, Series A, <br> 5.00%, 06/01/42<br>| 500 | &nbsp;&nbsp; 533878 |
| **Total Municipal Bonds in Oklahoma** | **Total Municipal Bonds in Oklahoma** | &nbsp;&nbsp; 1598167 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Oregon — 0.0%** | **Oregon — 0.0%** |  |
| **Utilities — 0.0%** | **Utilities — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; City of Portland OR Sewer System Revenue, Refunding <br> RB, Series A, 2nd Lien, 5.00%, 03/01/28<br>| $45 | &nbsp;&nbsp; $47096 |
| **Pennsylvania — 4.5%** | **Pennsylvania — 4.5%** |  |
| **County/City/Special District/School District — 0.4%** | **County/City/Special District/School District — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; County of Allegheny Pennsylvania, GO, Series C-80, <br> 5.00%, 12/01/49<br>| 250 | &nbsp;&nbsp; 255320 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Economic Development Financing Authority, <br> RB, AMT, 5.50%, 06/30/43<br>| 500 | &nbsp;&nbsp; 524513 |
|  |  | &nbsp;&nbsp; 779833 |
| **Health — 1.5%** | **Health — 1.5%** |  |
| Geisinger Authority, Refunding RB, 5.00%, 04/01/50 | 1000 | &nbsp;&nbsp; 1002934 |
| &nbsp;&nbsp;&nbsp; Northampton County General Purpose Authority, <br> Refunding RB, Series A2, 5.00%, 08/15/34<br>| 975 | &nbsp;&nbsp; 1065548 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Higher Educational Facilities Authority, RB, <br> 5.00%, 08/15/49<br>| 1000 | &nbsp;&nbsp; 1016733 |
|  |  | &nbsp;&nbsp; 3085215 |
| **State — 0.8%** | **State — 0.8%** |  |
| Commonwealth of Pennsylvania, GO |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/01/31 | 1000 | &nbsp;&nbsp; 1108412 |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/01/40 | 500 | &nbsp;&nbsp; 539573 |
|  |  | &nbsp;&nbsp; 1647985 |
| **Transportation — 1.7%** | **Transportation — 1.7%** |  |
| &nbsp;&nbsp;&nbsp; Allegheny County Airport Authority, ARB, Series A, AMT, <br> (AGM), 5.50%, 01/01/53<br>| 835 | &nbsp;&nbsp; 863211 |
| &nbsp;&nbsp;&nbsp; Delaware River Port Authority, ARB, Series A, 5.00%, <br> 01/01/39<br>| 125 | &nbsp;&nbsp; 130140 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Economic Development Financing Authority, <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 12/31/38 | 1000 | &nbsp;&nbsp; 1001235 |
| &nbsp;&nbsp;&nbsp; AMT, (AGM), 5.00%, 12/31/57 | 750 | &nbsp;&nbsp; 748331 |
| Pennsylvania Turnpike Commission, RB |  |  |
| &nbsp;&nbsp;&nbsp; Subordinate, 4.00%, 12/01/46 | 425 | &nbsp;&nbsp; 383695 |
| &nbsp;&nbsp;&nbsp; Subordinate, 4.00%, 12/01/50 | 480 | &nbsp;&nbsp; 424284 |
|  |  | &nbsp;&nbsp; 3550896 |
| **Utilities — 0.1%** | **Utilities — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Philadelphia Gas Works Co., Refunding RB, Series A, <br> 5.25%, 08/01/49<br>| 305 | &nbsp;&nbsp; 317304 |
| **Total Municipal Bonds in Pennsylvania** | **Total Municipal Bonds in Pennsylvania** | &nbsp;&nbsp; 9381233 |
| **Rhode Island — 0.2%** | **Rhode Island — 0.2%** |  |
| **Housing — 0.1%** | **Housing — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Rhode Island Housing & Mortgage Finance Corp., RB, S/F <br> Housing, Series 81-A, Sustainability Bonds, (GNMA), <br> 5.45%, 10/01/53<br>| 175 | &nbsp;&nbsp; 180209 |
| **Transportation — 0.1%** | **Transportation — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Rhode Island Commerce Corp., RB, Series B, 5.00%, <br> 06/15/31<br>| 280 | &nbsp;&nbsp; 281163 |
| **Total Municipal Bonds in Rhode Island** | **Total Municipal Bonds in Rhode Island** | &nbsp;&nbsp; 461372 |
| **South Carolina — 1.3%** | **South Carolina — 1.3%** |  |
| **Health — 0.2%** | **Health — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; South Carolina Jobs-Economic Development Authority, <br> RB, Series A, 5.50%, 11/01/45<br>| 360 | &nbsp;&nbsp; 388114 |

---

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**iShares Municipal Bond Index Fund** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Housing — 0.3%** | **Housing — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; South Carolina State Housing Finance & Development <br> Authority, RB, S/F Housing, Series A, (FHLMC, FNMA, <br> GNMA), 6.50%, 07/01/55<br>| $490 | &nbsp;&nbsp; $552782 |
| **Utilities — 0.8%** | **Utilities — 0.8%** |  |
| &nbsp;&nbsp;&nbsp; South Carolina Public Service Authority, RB, Series A, <br> 5.50%, 12/01/54<br>| 500 | &nbsp;&nbsp; 528273 |
| South Carolina Public Service Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 12/01/40 | 750 | &nbsp;&nbsp; 734024 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 12/01/50 | 400 | &nbsp;&nbsp; 419619 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 12/01/28 | 40 | &nbsp;&nbsp; 42339 |
|  |  | &nbsp;&nbsp; 1724255 |
| **Total Municipal Bonds in South Carolina** | **Total Municipal Bonds in South Carolina** | &nbsp;&nbsp; 2665151 |
| **Tennessee — 0.0%** | **Tennessee — 0.0%** |  |
| **County/City/Special District/School District — 0.0%** | **County/City/Special District/School District — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Metropolitan Government of Nashville & Davidson County <br> TN, Refunding GO<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/01/27 | 20 | &nbsp;&nbsp; 20120 |
| &nbsp;&nbsp;&nbsp; 4.00%, 07/01/28 | 35 | &nbsp;&nbsp; 36069 |
| **Total Municipal Bonds in Tennessee** | **Total Municipal Bonds in Tennessee** | &nbsp;&nbsp; 56189 |
| **Texas — 9.1%** | **Texas — 9.1%** |  |
| **Corporate — 0.3%** | **Corporate — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; Texas Municipal Gas Acquisition & Supply Corp. IV, RB, <br> Series A, 5.50%, 01/01/54<sup>(a)</sup><br>| 500 | &nbsp;&nbsp; 527805 |
| &nbsp;&nbsp;&nbsp; Texas Municipal Gas Acquisition and Supply Corp. I, RB, <br> Series D, Senior Lien, 6.25%, 12/15/26<br>| 135 | &nbsp;&nbsp; 138207 |
|  |  | &nbsp;&nbsp; 666012 |
| **County/City/Special District/School District — 3.5%** | **County/City/Special District/School District — 3.5%** |  |
| &nbsp;&nbsp;&nbsp; Alamo Community College District, GOL, 5.00%, <br> 02/15/27<br>| 45 | &nbsp;&nbsp; 45979 |
| &nbsp;&nbsp;&nbsp; Aldine Independent School District, Refunding GO, <br> Series B, (PSF), 5.00%, 02/15/28<br>| 25 | &nbsp;&nbsp; 26138 |
| &nbsp;&nbsp;&nbsp; Anna Independent School District, GO, (PSF), 5.25%, <br> 02/15/55<br>| 500 | &nbsp;&nbsp; 521259 |
| &nbsp;&nbsp;&nbsp; Arlington Independent School District, Refunding GO, <br> (PSF), 5.00%, 02/15/28<br>| 25 | &nbsp;&nbsp; 26157 |
| City of Austin Texas, Refunding GOL, 5.00%, 09/01/28 | 20 | &nbsp;&nbsp; 21114 |
| City of Austin, Refunding GOL, 5.00%, 09/01/29 | 20 | &nbsp;&nbsp; 21506 |
| City of Dallas Texas, GOL, Series A, 5.00%, 02/15/27 | 125 | &nbsp;&nbsp; 127675 |
| City of Dallas Texas, Refunding GOL |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 02/15/28 | 40 | &nbsp;&nbsp; 41799 |
| &nbsp;&nbsp;&nbsp; Series C, 5.00%, 02/15/27 | 30 | &nbsp;&nbsp; 30642 |
| &nbsp;&nbsp;&nbsp; Series C, 5.00%, 02/15/31 | 70 | &nbsp;&nbsp; 76948 |
| City of Fort Worth Texas, GOL, 5.00%, 03/01/27 | 130 | &nbsp;&nbsp; 132970 |
| City of Houston Texas, Refunding GOL |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 03/01/27 | 25 | &nbsp;&nbsp; 25553 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 03/01/28 | 140 | &nbsp;&nbsp; 146332 |
| City of San Antonio Texas, GOL, 5.00%, 02/01/28 | 70 | &nbsp;&nbsp; 72944 |
| &nbsp;&nbsp;&nbsp; City of San Antonio Texas, Refunding GOL, 5.00%, <br> 08/01/28<br>| 20 | &nbsp;&nbsp; 21060 |
| &nbsp;&nbsp;&nbsp; Conroe Independent School District, Refunding GO, <br> Series A, (PSF), 5.00%, 02/15/28<br>| 50 | &nbsp;&nbsp; 52314 |
| County of Williamson Texas, GOL, 5.00%, 02/15/28 | 50 | &nbsp;&nbsp; 52229 |
| &nbsp;&nbsp;&nbsp; Cypress-Fairbanks Independent School District, <br> Refunding GO, Series A, (PSF), 5.00%, 02/15/28<br>| 35 | &nbsp;&nbsp; 36600 |
| &nbsp;&nbsp;&nbsp; Dallas County Utility & Reclamation District, Refunding <br> GO, 5.00%, 02/15/28<br>| 500 | &nbsp;&nbsp; 519314 |
| Dallas Independent School District, GO<sup>(a)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-5, (PSF), 5.00%, 02/15/55 | 500 | &nbsp;&nbsp; 535125 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **County/City/Special District/School District (continued)** | **County/City/Special District/School District (continued)** |  |
| Dallas Independent School District, GO<sup>(a)</sup> (continued) |  |  |
| &nbsp;&nbsp;&nbsp; Series B, (PSF), 5.00%, 02/15/56 | 105 | &nbsp;&nbsp; $112257 |
| &nbsp;&nbsp;&nbsp; Denton Independent School District, GO, Series B2, <br> (PSF), 4.00%, 08/15/55<sup>(a)</sup><br>| 230 | &nbsp;&nbsp; 239243 |
| &nbsp;&nbsp;&nbsp; Eagle Mountain & Saginaw Independent School District, <br> GO, (PSF), 5.25%, 08/15/50<br>| 1115 | &nbsp;&nbsp; 1184694 |
| &nbsp;&nbsp;&nbsp; Fort Worth Independent School District, Refunding GO, <br> (PSF), 5.00%, 02/15/28<br>| 110 | &nbsp;&nbsp; 115070 |
| &nbsp;&nbsp;&nbsp; Grayson County Junior College District, GOL, 4.00%, <br> 02/15/49<br>| 500 | &nbsp;&nbsp; 447618 |
| &nbsp;&nbsp;&nbsp; Harris County Floridaood Control District, Refunding GOL, <br> 5.00%, 09/15/27<br>| 45 | &nbsp;&nbsp; 46608 |
| &nbsp;&nbsp;&nbsp; Lamar Consolidated Independent School District, <br> Refunding GO<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, (PSF), 5.00%, 02/15/27 | 30 | &nbsp;&nbsp; 30639 |
| &nbsp;&nbsp;&nbsp; Series A, (PSF), 5.00%, 02/15/31 | 75 | &nbsp;&nbsp; 82315 |
| &nbsp;&nbsp;&nbsp; Leander Independent School District, Refunding GO, <br> CAB, Series A, (PSF), 0.00%, 08/15/35<sup>(c)</sup><br>| 210 | &nbsp;&nbsp; 148752 |
| &nbsp;&nbsp;&nbsp; Midland Independent School District, GO, (PSF), 5.00%, <br> 02/15/28<br>| 35 | &nbsp;&nbsp; 36613 |
| &nbsp;&nbsp;&nbsp; North East Independent School District, Refunding GO, <br> (PSF), 5.25%, 02/01/27<br>| 20 | &nbsp;&nbsp; 20455 |
| Plano Independent School District, GO, 5.00%, 02/15/28 | 20 | &nbsp;&nbsp; 20918 |
| &nbsp;&nbsp;&nbsp; Plano Independent School District, Refunding GO, <br> Series B, (PSF), 5.00%, 02/15/28<br>| 50 | &nbsp;&nbsp; 52304 |
| &nbsp;&nbsp;&nbsp; Prosper Independent School District, GO, Series A, (PSF), <br> 4.00%, 02/15/54<br>| 500 | &nbsp;&nbsp; 438509 |
| &nbsp;&nbsp;&nbsp; Rockwall Independent School District, Refunding GO, <br> (PSF), 5.00%, 02/15/30<br>| 30 | &nbsp;&nbsp; 32544 |
| &nbsp;&nbsp;&nbsp; Round Rock Independent School District, Refunding GO, <br> Series A, (PSF), 5.00%, 08/01/28<br>| 55 | &nbsp;&nbsp; 58027 |
| Spring Independent School District, Refunding GO |  |  |
| &nbsp;&nbsp;&nbsp; (PSF), 5.25%, 08/15/49 | 1000 | &nbsp;&nbsp; 1059749 |
| &nbsp;&nbsp;&nbsp; (PSF), 5.25%, 08/15/55 | 600 | &nbsp;&nbsp; 629918 |
| &nbsp;&nbsp;&nbsp; Wylie Independent School District/Collin County, GO, <br> (PSF), 5.00%, 08/15/28<br>| 20 | &nbsp;&nbsp; 21118 |
|  |  | &nbsp;&nbsp; 7311009 |
| **Education — 1.3%** | **Education — 1.3%** |  |
| &nbsp;&nbsp;&nbsp; Board of Regents of the University of Texas System, RB, <br> Series E, 5.00%, 08/15/27<br>| 400 | &nbsp;&nbsp; 413325 |
| &nbsp;&nbsp;&nbsp; Board of Regents of the University of Texas System, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 08/15/27 | 145 | &nbsp;&nbsp; 149831 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 08/15/39 | 500 | &nbsp;&nbsp; 561115 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 08/15/35 | 310 | &nbsp;&nbsp; 354506 |
| &nbsp;&nbsp;&nbsp; Series C, 5.00%, 08/15/28 | 25 | &nbsp;&nbsp; 26415 |
| &nbsp;&nbsp;&nbsp; Brazos Higher Education Authority, Inc., RB, Series 1A, <br> AMT, 5.13%, 04/01/43<br>| 365 | &nbsp;&nbsp; 375049 |
| &nbsp;&nbsp;&nbsp; Houston Higher Education Finance Corp., Refunding RB, <br> 5.00%, 05/15/34<br>| 500 | &nbsp;&nbsp; 570281 |
| &nbsp;&nbsp;&nbsp; Texas Tech University System, Refunding RB, Series A, <br> 4.25%, 02/15/55<br>| 250 | &nbsp;&nbsp; 228682 |
|  |  | &nbsp;&nbsp; 2679204 |
| **Health**<sup>(a)</sup> **— 0.1%** | **Health**<sup>(a)</sup> **— 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Harris County Cultural Education Facilities Finance Corp., <br> Refunding RB, 5.00%, 10/01/51<br>| 120 | &nbsp;&nbsp; 130587 |
| &nbsp;&nbsp;&nbsp; Tarrant County Cultural Education Facilities Finance <br> Corp., RB, Class F, 5.00%, 11/15/52<br>| 15 | &nbsp;&nbsp; 16139 |
|  |  | &nbsp;&nbsp; 146726 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**iShares Municipal Bond Index Fund** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **State — 0.1%** | **State — 0.1%** |  |
| State of Texas, Refunding GO, 5.00%, 10/01/41 | $250 | &nbsp;&nbsp; $275572 |
| **Transportation — 1.7%** | **Transportation — 1.7%** |  |
| &nbsp;&nbsp;&nbsp; Central Texas Turnpike System, RB, Series A, (AMBAC), <br> 0.00%, 08/15/30<sup>(c)</sup><br>| 270 | &nbsp;&nbsp; 234613 |
| &nbsp;&nbsp;&nbsp; Central Texas Turnpike System, Refunding RB, Series C, <br> 5.00%, 08/15/41<br>| 250 | &nbsp;&nbsp; 268403 |
| &nbsp;&nbsp;&nbsp; Dallas Area Rapid Transit, Refunding RB, Senior Lien, <br> 5.00%, 12/01/29<br>| 20 | &nbsp;&nbsp; 21585 |
| &nbsp;&nbsp;&nbsp; Dallas Fort Worth International Airport, Refunding RB, <br> Series A, 4.00%, 11/01/34<br>| 1250 | &nbsp;&nbsp; 1277925 |
| &nbsp;&nbsp;&nbsp; Grand Parkway Transportation Corp., Refunding RB, <br> 4.00%, 10/01/49<br>| 500 | &nbsp;&nbsp; 446023 |
| North Texas Tollway Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 01/01/34 | 160 | &nbsp;&nbsp; 179474 |
| &nbsp;&nbsp;&nbsp; Series D, (AGM), 0.00%, 01/01/28<sup>(c)</sup> | 100 | &nbsp;&nbsp; 95117 |
| &nbsp;&nbsp;&nbsp; Port Authority of Houston of Harris County Texas, ARB, <br> 1st Lien, 5.00%, 10/01/48<br>| 455 | &nbsp;&nbsp; 466670 |
| &nbsp;&nbsp;&nbsp; Texas Transportation Finance Corp., Refunding RB, <br> Subordinate, 5.00%, 10/01/42<br>| 500 | &nbsp;&nbsp; 544174 |
|  |  | &nbsp;&nbsp; 3533984 |
| **Utilities — 2.1%** | **Utilities — 2.1%** |  |
| &nbsp;&nbsp;&nbsp; City of Austin Texas Electric Utility Revenue, Refunding <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 11/15/28 | 30 | &nbsp;&nbsp; 31751 |
| &nbsp;&nbsp;&nbsp; 5.00%, 11/15/29 | 20 | &nbsp;&nbsp; 21534 |
| &nbsp;&nbsp;&nbsp; 5.00%, 11/15/50 | 265 | &nbsp;&nbsp; 272725 |
| &nbsp;&nbsp;&nbsp; City of Garland Texas Electric Utility System Revenue, <br> Refunding RB, 4.00%, 03/01/49<br>| 1000 | &nbsp;&nbsp; 874370 |
| &nbsp;&nbsp;&nbsp; City of Houston Texas Combined Utility System Revenue, <br> Refunding RB, 1st Lien, 5.00%, 11/15/31<br>| 20 | &nbsp;&nbsp; 22145 |
| &nbsp;&nbsp;&nbsp; City of San Antonio Texas Electric & Gas Systems <br> Revenue, Refunding RB, 4.00%, 02/01/28<br>| 25 | &nbsp;&nbsp; 25670 |
| Lower Colorado River Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; (AGM), 5.00%, 05/15/28 | 50 | &nbsp;&nbsp; 52332 |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/15/28 | 20 | &nbsp;&nbsp; 20912 |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/15/29 | 20 | &nbsp;&nbsp; 21287 |
| &nbsp;&nbsp;&nbsp; (AGM), 5.25%, 05/15/53 | 220 | &nbsp;&nbsp; 228070 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 05/15/27 | 25 | &nbsp;&nbsp; 25660 |
| &nbsp;&nbsp;&nbsp; San Antonio Water System, Refunding RB, Seies A, 2nd <br> Lien, 5.00%, 05/15/27<br>| 25 | &nbsp;&nbsp; 25702 |
| Texas Water Development Board, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 10/15/37 | 1180 | &nbsp;&nbsp; 1189397 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 10/15/41 | 475 | &nbsp;&nbsp; 471440 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 10/15/53 | 910 | &nbsp;&nbsp; 935153 |
| &nbsp;&nbsp;&nbsp; Trinity River Authority Central Regional Wastewater <br> System Revenue, Refunding RB, 3.00%, 08/01/31<br>| 25 | &nbsp;&nbsp; 24810 |
|  |  | &nbsp;&nbsp; 4242958 |
| **Total Municipal Bonds in Texas** | **Total Municipal Bonds in Texas** | &nbsp;&nbsp; 18855465 |
| **Utah — 0.7%** | **Utah — 0.7%** |  |
| **Housing — 0.5%** | **Housing — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; Utah Housing Corp., RB, S/F Housing, Series G, (FHLMC, <br> FNMA, GNMA), 6.25%, 07/01/55<br>| 925 | &nbsp;&nbsp; 1029086 |
| **State — 0.0%** | **State — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Utah State Building Ownership Authority, Refunding RB, <br> 5.00%, 05/15/28<br>| 50 | &nbsp;&nbsp; 52489 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Transportation — 0.2%** | **Transportation — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; City of Salt Lake City UT Airport Revenue, ARB, Series A, <br> AMT, 5.25%, 07/01/48<br>| $315 | &nbsp;&nbsp; $325458 |
| **Utilities — 0.0%** | **Utilities — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Intermountain Power Agency, Refunding RB, Series A, <br> 5.00%, 07/01/27<br>| 100 | &nbsp;&nbsp; 102981 |
| **Total Municipal Bonds in Utah** | **Total Municipal Bonds in Utah** | &nbsp;&nbsp; 1510014 |
| **Virginia — 1.6%** | **Virginia — 1.6%** |  |
| **State — 0.3%** | **State — 0.3%** |  |
| Virginia College Building Authority, RB, 5.00%, 02/01/27 | 50 | &nbsp;&nbsp; 51043 |
| &nbsp;&nbsp;&nbsp; Virginia College Building Authority, Refunding RB, <br> Series E, 5.00%, 02/01/28<br>| 500 | &nbsp;&nbsp; 522483 |
|  |  | &nbsp;&nbsp; 573526 |
| **Transportation — 1.3%** | **Transportation — 1.3%** |  |
| &nbsp;&nbsp;&nbsp; Virginia Commonwealth Transportation Board, Refunding <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/15/34 | 580 | &nbsp;&nbsp; 661436 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 05/15/31 | 1000 | &nbsp;&nbsp; 1034071 |
| &nbsp;&nbsp;&nbsp; Virginia Small Business Financing Authority, Refunding <br> RB, AMT, Senior Lien, 5.00%, 07/01/36<br>| 1000 | &nbsp;&nbsp; 1044051 |
|  |  | &nbsp;&nbsp; 2739558 |
| **Total Municipal Bonds in Virginia** | **Total Municipal Bonds in Virginia** | &nbsp;&nbsp; 3313084 |
| **Washington — 1.7%** | **Washington — 1.7%** |  |
| **County/City/Special District/School District — 0.0%** | **County/City/Special District/School District — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; King County School District No. 414 Lake Washington, <br> GOL, 5.00%, 12/01/26<br>| 80 | &nbsp;&nbsp; 81329 |
| &nbsp;&nbsp;&nbsp; Pierce County School District No. 10 Tacoma, GO, (GTD), <br> 5.00%, 12/01/27<br>| 40 | &nbsp;&nbsp; 41582 |
|  |  | &nbsp;&nbsp; 122911 |
| **Transportation — 1.4%** | **Transportation — 1.4%** |  |
| &nbsp;&nbsp;&nbsp; County of Spokane Washington Airport Revenue, ARB, <br> Series B, AMT, 5.25%, 01/01/54<br>| 925 | &nbsp;&nbsp; 939685 |
| Port of Seattle Washington, Refunding ARB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, Intermediate Lien, 4.00%, 08/01/47 | 1000 | &nbsp;&nbsp; 881489 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, Intermediate Lien, 5.25%, 07/01/49 | 1000 | &nbsp;&nbsp; 1031204 |
|  |  | &nbsp;&nbsp; 2852378 |
| **Utilities — 0.3%** | **Utilities — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; Douglas County Public Utility District No. 1 Wells <br> Hydroelectric Project Revenue, RB, Series B, 3.00%, <br> 09/01/52<br>| 500 | &nbsp;&nbsp; 363648 |
| &nbsp;&nbsp;&nbsp; Energy Northwest, Refunding RB, Series A, 5.00%, <br> 07/01/39<br>| 260 | &nbsp;&nbsp; 285843 |
|  |  | &nbsp;&nbsp; 649491 |
| **Total Municipal Bonds in Washington** | **Total Municipal Bonds in Washington** | &nbsp;&nbsp; 3624780 |
| **Wisconsin — 2.2%** | **Wisconsin — 2.2%** |  |
| **Health — 1.2%** | **Health — 1.2%** |  |
| &nbsp;&nbsp;&nbsp; Wisconsin Health & Educational Facilities Authority, RB, <br> 5.25%, 08/15/55<br>| 1000 | &nbsp;&nbsp; 1009585 |
| &nbsp;&nbsp;&nbsp; Wisconsin Health & Educational Facilities Authority, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 08/15/30 | 500 | &nbsp;&nbsp; 539607 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 11/15/39 | 1000 | &nbsp;&nbsp; 1001053 |
|  |  | &nbsp;&nbsp; 2550245 |

---

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**iShares Municipal Bond Index Fund** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Housing — 0.5%** | **Housing — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; Wisconsin Housing & Economic Development Authority <br> Home Ownership Revenue, RB, S/F Housing, Series C, <br> Sustainability Bonds, (FHLMC, FNMA, GNMA), 6.00%, <br> 03/01/55<br>| $955 | &nbsp;&nbsp; $1040295 |
| **State — 0.0%** | **State — 0.0%** |  |
| State of Wisconsin, GO, Series B, 5.00%, 05/01/27 | 20 | &nbsp;&nbsp; 20545 |
| **Transportation — 0.5%** | **Transportation — 0.5%** |  |
| Public Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.75%, 06/30/60 | 500 | &nbsp;&nbsp; 515733 |
| &nbsp;&nbsp;&nbsp; AMT, 5.75%, 12/31/65 | 500 | &nbsp;&nbsp; 510240 |
|  |  | &nbsp;&nbsp; 1025973 |
| **Total Municipal Bonds in Wisconsin** | **Total Municipal Bonds in Wisconsin** | &nbsp;&nbsp; 4637058 |
| **Total Long-Term Investments — 98.3%** <br>**(Cost: $209,109,582)** | **Total Long-Term Investments — 98.3%** <br>**(Cost: $209,109,582)** | &nbsp;&nbsp; 204113594 |

---

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

---

| | | |
|:---|:---|:---|
|  | <br>*Shares*<br>|  |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 0.5%** | **Money Market Funds — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; BlackRock Liquidity Funds, MuniCash, Institutional <br> Shares, 2.23%<sup>(f)(g)</sup><br>| 1085711 | &nbsp;&nbsp; 1085819 |
| **Total Short-Term Securities — 0.5%** <br>**(Cost: $1,085,819)** | **Total Short-Term Securities — 0.5%** <br>**(Cost: $1,085,819)** | &nbsp;&nbsp; 1085819 |
| **Total Investments — 98.8%** <br>**(Cost: $210,195,401)** | **Total Investments — 98.8%** <br>**(Cost: $210,195,401)** | &nbsp;&nbsp; 205199413 |
| **Other Assets Less Liabilities — 1.2%** | **Other Assets Less Liabilities — 1.2%** | &nbsp;&nbsp; 2422255 |
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | &nbsp;&nbsp; $207621668 |

---

&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 is collateralized by municipal bonds or U.S. Treasury obligations.

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

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

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

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

<sup>(g)</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 March 31, 2026 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at* <br>*12/31/25*<br>| *Purchases* <br>*at Cost*<br>| *Net* <br>*Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*03/31/26*<br>| *Shares* <br>*Held at* <br>*03/31/26*<br>| *Income* | *Capital Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| BlackRock Liquidity Funds, MuniCash, Institutional Shares | $1781413 | $—<br> $(695594 )<sup>(a)</sup><br>| &nbsp;&nbsp; $— | $— | $1085819 | 1085711 | $5499 | $— |

---

&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

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**iShares Municipal Bond Index Fund** 

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

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

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-Term Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $204113594 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $204113594 |
| &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; 1085819 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1085819 |
|  | &nbsp;&nbsp; $1085819 | &nbsp;&nbsp;&nbsp;&nbsp; $204113594 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $205199413 |

---

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

---

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

---

------

## 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 Funds

- **b. Investment Company Act file number:** 811-05742

- **c. CIK number of Registrant:** 0000844779

- **d. LEI of Registrant:** 549300OZUEVJZHOBFP42

- **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:** iShares Municipal Bond Index Fund

- **b. EDGAR series identifier (if any):** S000059911

- **c. LEI of Series:** 549300NIGIW53ABV2U79

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $207894721.27

**Total Liabilities:** $897184.33

**Net Assets:** $206997536.94

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 739.82000000 | **1-Year:** 5592.75000000 | **5-Year:** 58428.98000000 | **10-Year:** 55179.57000000 | **30-Year:** 29075.93000000

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

- **3-Month:** 0.00000000 | **1-Year:** 16.41000000 | **5-Year:** 76.61000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000195947 | 0.71%                | 1.35%                | -2.25%               |
| Class ID C000195948 | 0.73%                | 1.37%                | -2.23%               |
| Class ID C000195949 | 0.74%                | 1.37%                | -2.31%               |
| Class ID C000201952 | 0.71%                | 1.35%                | -2.25%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $50682.05                | $914306.25                                 |
| Month 2  | $-212777.87              | $2575082.64                                |
| Month 3  | $-10181.47               | $-5494462.22                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Adams & Arapahoe Counties Joint School District 28J Aurora                      | ADAMS & ARAPAHOE CNTYS CO JT SCH DIST #28J AURORA            | CUSIP: 0054823K8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $289762.55    | 0.14%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Adams & Arapahoe Counties Joint School District 28J Aurora                      | ADAMS & ARAPAHOE CNTYS CO JT SCH DIST #28J AURORA            | CUSIP: 0054824P6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $580864.70    | 0.28%             | 2039-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Alabama Federal Aid Highway Finance Authority                                   | ALABAMA FEDERAL AID HIGHWAY FIN AUTH SPL OBLIG REVENUE       | CUSIP: 010268EA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1124840.20   | 0.54%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Public School and College Authority                                     | ALABAMA ST PUBLIC SCH & CLG AUTH                             | CUSIP: 010609FG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $68862.17     | 0.03%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alamo Community College District                                                | ALAMO TX CMNTY CLG DIST                                      | CUSIP: 011415TK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45978.68     | 0.02%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Aldine Independent School District                                              | ALDINE TX INDEP SCH DIST                                     | CUSIP: 014393A85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26138.17     | 0.01%             | 2028-02-15      | 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        |    835000 | PA      | $863210.89    | 0.42%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Allegheny PA                                                          | ALLEGHENY CNTY PA                                            | CUSIP: 01728VWT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $255319.68    | 0.12%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American Municipal Power Inc                                                    | AMERICAN MUNI PWR-OHIO INC OH REVENUE                        | CUSIP: 02765UPT5<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1066149.30   | 0.52%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Anna Independent School District                                                | ANNA TX INDEP SCH DIST                                       | CUSIP: 035707N87<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $521258.75    | 0.25%             | 2055-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Arizona Board of Regents                                                        | ARIZONA BRD OF RGTS                                          | CUSIP: 040664LM4<br>LEI: 254900BLZ1MCZ5JLK411 | Long             | DBT              | MUN               | US        |    500000 | PA      | $510818.20    | 0.25%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Independent School District/TX                                        | ARLINGTON TX INDEP SCH DIST                                  | CUSIP: 041827AE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26156.90     | 0.01%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX                                                               | AUSTIN TX                                                    | CUSIP: 052397Q58<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21113.63     | 0.01%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX                                                               | AUSTIN TX                                                    | CUSIP: 052397Q66<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21505.85     | 0.01%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Electric Utility Revenue                                      | AUSTIN TX ELEC UTILITY SYS REVENUE                           | CUSIP: 052414VA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31750.94     | 0.02%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Electric Utility Revenue                                      | AUSTIN TX ELEC UTILITY SYS REVENUE                           | CUSIP: 052414WU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21533.99     | 0.01%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Electric Utility Revenue                                      | AUSTIN TX ELEC UTILITY SYS REVENUE                           | CUSIP: 052414XP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $272724.49    | 0.13%             | 2050-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Battery Park City Authority                                                     | BATTERY PARK CITY NY AUTH                                    | CUSIP: 07133AKP6<br>LEI: 549300RF3SFDOWRHVM56 | Long             | DBT              | MUN               | US        |    725000 | PA      | $753100.06    | 0.36%             | 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: 09182TAF4<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    500000 | PA      | $502996.90    | 0.24%             | 2052-10-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                  | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TEN3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1058591.70   | 0.51%             | 2055-03-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Boys Town NE                                                         | BOYS TOWN VLG NE REVENUE                                     | CUSIP: 103627AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $249419.85    | 0.12%             | 2028-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority Inc                                           | BRAZOS TX HGR EDU AUTH STUDENT LOAN PROGRAM REV              | CUSIP: 10623ACL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $375049.00    | 0.18%             | 2043-04-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| School District of Broward County/FL                                            | BROWARD CNTY FL SCH BRD COPS                                 | CUSIP: 115065C28<br>LEI: 5493006KVNQDJ1D0OD92 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21649.90     | 0.01%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Broward County/FL                                            | BROWARD CNTY FL SCH BRD COPS                                 | CUSIP: 115065E34<br>LEI: 5493006KVNQDJ1D0OD92 | Long             | DBT              | MUN               | US        |     40000 | PA      | $42809.06     | 0.02%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JAP1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    500000 | PA      | $499036.95    | 0.24%             | 2052-02-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JEA0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021003.70   | 0.49%             | 2055-01-01      | Floating      | 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        |   1000000 | PA      | $1020096.10   | 0.49%             | 2055-11-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                     | CALIFORNIA ST EDUCTNL FACS AUTH REVENUE                      | CUSIP: 130179XB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $248598.42    | 0.12%             | 2055-03-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                     | CALIFORNIA ST EDUCTNL FACS AUTH REVENUE                      | CUSIP: 130179XC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $301243.59    | 0.15%             | 2055-03-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                     | CALIFORNIA ST EDUCTNL FACS AUTH REVENUE                      | CUSIP: 130179YE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    770000 | PA      | $800153.97    | 0.39%             | 2055-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                           | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE         | CUSIP: 13034A5B2<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009873.00   | 0.49%             | 2029-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                           | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK NATIONAL CHARTR | CUSIP: 13035ADV8<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    750000 | PA      | $760614.60    | 0.37%             | 2049-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | CALIFORNIA ST                                                | CUSIP: 13063C6H8<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007757.50   | 0.49%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | CALIFORNIA ST                                                | CUSIP: 13063CS43<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |    565000 | PA      | $570487.79    | 0.28%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | CALIFORNIA ST                                                | CUSIP: 13063CX54<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250815.08    | 0.12%             | 2032-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | CALIFORNIA ST                                                | CUSIP: 13063D3V8<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1060178.90   | 0.51%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | CALIFORNIA ST                                                | CUSIP: 13063D5R5<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |    500000 | PA      | $540745.30    | 0.26%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | CALIFORNIA ST                                                | CUSIP: 13063DP69<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $732150.40    | 0.35%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | CALIFORNIA ST                                                | CUSIP: 13063DQY7<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |    825000 | PA      | $755154.51    | 0.36%             | 2037-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | CALIFORNIA ST                                                | CUSIP: 13063EPL4<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |      5000 | PA      | $5019.13      | 0.00%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                             | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                   | CUSIP: 13068XHR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15196.02     | 0.01%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                             | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                   | CUSIP: 13068XHY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $237979.28    | 0.11%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                             | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                   | CUSIP: 13068XLV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $529154.40    | 0.26%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                             | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                   | CUSIP: 13068XPR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1114027.80   | 0.54%             | 2042-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California State University                                                     | CALIFORNIA ST UNIV REVENUE                                   | CUSIP: 13077C3S1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500142.40    | 0.24%             | 2035-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California State University                                                     | CALIFORNIA ST UNIV REVENUE                                   | CUSIP: 13077C4A9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20045.05     | 0.01%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Florida Expressway Authority                                            | CENTRL FL EXPRESSWAY AUTH SR LIEN REVENUE                    | CUSIP: 153476BN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006288.40   | 0.49%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Valley Energy Authority                                                 | CENTRL VLY CA ENERGY AUTH COMMODITY SPLY REVENUE             | CUSIP: 15569DAA0<br>LEI: 254900G5IPQ9MA3FRJ55 | Long             | DBT              | MUN               | US        |    500000 | PA      | $538037.00    | 0.26%             | 2055-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                              | CHICAGO IL                                                   | CUSIP: 167486P52<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    150000 | PA      | $155397.50    | 0.08%             | 2039-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                              | CHICAGO IL                                                   | CUSIP: 167486T82<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    500000 | PA      | $520968.90    | 0.25%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                              | CHICAGO IL                                                   | CUSIP: 167486T90<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    675000 | PA      | $701811.07    | 0.34%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water Reclamation District of Greater Chicago                      | CHICAGO IL MET WTR RECLAMATION DIST GREATER CHICAGO          | CUSIP: 167560SX0<br>LEI: 254900GOGQEZEWCZ4D37 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35542.12     | 0.02%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water Reclamation District of Greater Chicago                      | CHICAGO IL MET WTR RECLAMATION DIST GREATER CHICAGO          | CUSIP: 167560SY8<br>LEI: 254900GOGQEZEWCZ4D37 | Long             | DBT              | MUN               | US        |     55000 | PA      | $55829.90     | 0.03%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water Reclamation District of Greater Chicago                      | CHICAGO IL MET WTR RECLAMATION DIST GREATER CHICAGO          | CUSIP: 167560VU2<br>LEI: 254900GOGQEZEWCZ4D37 | Long             | DBT              | MUN               | US        |     85000 | PA      | $94465.44     | 0.05%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                            | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 167593M41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $938969.80    | 0.45%             | 2044-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Capital Grant Receipts Revenue                        | CHICAGO IL TRANSIT AUTH CAPITAL GRANT RECPTS REVENUE         | CUSIP: 167723HD0<br>LEI: 549300CB8XLRGIPN3E12 | Long             | DBT              | MUN               | US        |    190000 | PA      | $198404.44    | 0.10%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                              | CLARK CNTY NV                                                | CUSIP: 180848U76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21114.43     | 0.01%             | 2031-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                              | CLARK CNTY NV HIGHWAY IMPT REVENUE                           | CUSIP: 181000QW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $61818.40     | 0.03%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                    | CLARK CNTY NV SCH DIST                                       | CUSIP: 1810594P8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $136473.36    | 0.07%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                            | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FKS2<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015782.30   | 0.49%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Colorado                                                               | COLORADO ST BLDG EXCELLENT SCHS TODAY COPS                   | CUSIP: 19668QLE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $481542.10    | 0.23%             | 2043-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Colorado                                                               | COLORADO ST COPS                                             | CUSIP: 196711VV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $555837.77    | 0.27%             | 2049-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                            | CONNECTICUT ST                                               | CUSIP: 20772KUS6<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |     30000 | PA      | $31698.00     | 0.02%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                            | CONNECTICUT ST                                               | CUSIP: 20772KVZ9<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20919.93     | 0.01%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                            | CONNECTICUT ST                                               | CUSIP: 20772KXV6<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |    500000 | PA      | $563575.85    | 0.27%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                            | CONNECTICUT ST                                               | CUSIP: 20772KYR4<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |    100000 | PA      | $85563.33     | 0.04%             | 2042-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                            | CONNECTICUT ST                                               | CUSIP: 20772KYT0<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |    100000 | PA      | $84051.07     | 0.04%             | 2043-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                        | CONNECTICUT ST SPL TAX OBLIG REVENUE                         | CUSIP: 207758VZ3<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |    430000 | PA      | $430300.01    | 0.21%             | 2036-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                        | CONNECTICUT ST SPL TAX OBLIG REVENUE                         | CUSIP: 207758ZZ9<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021251.60   | 0.49%             | 2036-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Conroe Independent School District                                              | CONROE TX INDEP SCH DIST                                     | CUSIP: 208418T45<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $52313.80     | 0.03%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cook IL                                                               | COOK CNTY IL                                                 | CUSIP: 213185MF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25727.31     | 0.01%             | 2028-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cypress-Fairbanks Independent School District                                   | CYPRESS-FAIRBANKS TX INDEP SCH DIST                          | CUSIP: 232769MS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36599.99     | 0.02%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas County Utility & Reclamation District                                    | DALLAS CNTY TX UTILITY & RECLAMATION DIST                    | CUSIP: 234839PL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $519314.30    | 0.25%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                         | DALLAS-FORT WORTH TX INTERNATIONAL ARPT REVENUE              | CUSIP: 2350365K2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1277925.00   | 0.62%             | 2034-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                               | DALLAS TX                                                    | CUSIP: 235219UU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $41798.61     | 0.02%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                               | DALLAS TX                                                    | CUSIP: 235219WA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $127674.88    | 0.06%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                               | DALLAS TX                                                    | CUSIP: 235219YK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30641.97     | 0.01%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                               | DALLAS TX                                                    | CUSIP: 235219YP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $76947.88     | 0.04%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Area Rapid Transit                                                       | DALLAS TX AREA RAPID TRANSIT SALES TAX REVENUE               | CUSIP: 235241TC0<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21585.13     | 0.01%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Independent School District                                              | DALLAS TX INDEP SCH DIST                                     | CUSIP: 235308Q71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $535125.25    | 0.26%             | 2055-02-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Independent School District                                              | DALLAS TX INDEP SCH DIST                                     | CUSIP: 235308Y23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $112257.45    | 0.05%             | 2056-02-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| County of DeKalb GA Water & Sewerage Revenue                                    | DE KALB CNTY GA WTR & SWR REVENUE                            | CUSIP: 240523E71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $259932.88    | 0.13%             | 2050-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware River Port Authority                                                   | DELAWARE RIVER PORT AUTH PA & NJ                             | CUSIP: 246352HC5<br>LEI: 549300OBM31KJO8JR048 | Long             | DBT              | MUN               | US        |    125000 | PA      | $130139.21    | 0.06%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware State Housing Authority                                                | DELAWARE ST HSG AUTH REVENUE                                 | CUSIP: 246395C21<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    925000 | PA      | $1010319.04   | 0.49%             | 2055-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Denton Independent School District                                              | DENTON TX INDEP SCH DIST                                     | CUSIP: 249002NL6<br>LEI: 5493005I9W678SUI0Z07 | Long             | DBT              | MUN               | US        |    230000 | PA      | $239242.85    | 0.12%             | 2055-08-15      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Denver City & County School District No 1                                       | DENVER CITY & CNTY CO SCH DIST #1                            | CUSIP: 249174ZA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $563526.35    | 0.27%             | 2040-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                               | DENVER CITY & CNTY CO ARPT REVENUE                           | CUSIP: 249182LG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033485.90   | 0.50%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                            | DIST OF COLUMBIA                                             | CUSIP: 25476FVE5<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006941.70   | 0.49%             | 2034-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                         | DIST OF COLUMBIA INCOME TAX SECURED REVENUE                  | CUSIP: 25477GRW7<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    290000 | PA      | $251097.63    | 0.12%             | 2041-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                                    | DIST OF COLUMBIA WTR & SWR AUTH PUBLIC UTILITY REVENUE       | CUSIP: 254845TJ9<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $998037.90    | 0.48%             | 2057-10-01      | Floating      | 3.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                            | DIST OF COLUMBIA UNIV REVENUE                                | CUSIP: 25484JDJ6<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1094095.30   | 0.53%             | 2060-04-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Douglas County Public Utility District No 1 Wells Hydroelectric Project Revenue | DOUGLAS CNTY WA PUBLIC UTILITY DIST #1 WELLS HYDROELEC       | CUSIP: 259561TW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $363647.45    | 0.18%             | 2052-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| E-470 Public Highway Authority                                                  | E-470 CO PUBLIC HIGHWAY AUTH                                 | CUSIP: 26822LEN0<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | MUN               | US        |    500000 | PA      | $468199.90    | 0.23%             | 2028-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Eagle Mountain & Saginaw Independent School District                            | EAGLE MOUNTAIN & SAGINAW TX INDEP SCH DIST                   | CUSIP: 269696TF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1184693.63   | 0.57%             | 2050-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| El Camino Community College District Fountation/The                             | EL CAMINO CA CMNTY CLG DIST                                  | CUSIP: 282726DY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    680000 | PA      | $426035.16    | 0.21%             | 2038-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                | ENERGY N W WA ELEC REVENUE                                   | CUSIP: 29270C5U5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $285843.30    | 0.14%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                                         | ENERGY S E AL A COOPERATIVE DIST ENERGY SPLY REVENUE         | CUSIP: 292723BN2<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |    500000 | PA      | $533174.10    | 0.26%             | 2054-07-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Insurance Assistance Interlocal Agency Inc                              | FLORIDA INSURANCE ASSISTANCE INTERLOCAL AGY                  | CUSIP: 34074EAE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $504522.50    | 0.24%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Lottery Revenue                                                | FLORIDA ST BRD OF EDU LOTTERY REVENUE                        | CUSIP: 341507S28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20621.15     | 0.01%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Department of Management Services                                       | FLORIDA ST DEPT OF MGMT SVCS COPS                            | CUSIP: 34160PEB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25953.13     | 0.01%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Foothill-Eastern Transportation Corridor Agency                                 | FOOTHILL ESTRN TRANSPRTN CORRIDOR AGY CA TOLL ROAD REVENUE   | CUSIP: 345105HT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $355274.05    | 0.17%             | 2036-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Foothill-Eastern Transportation Corridor Agency                                 | FOOTHILL ESTRN TRANSPRTN CORRIDOR AGY CA TOLL ROAD REVENUE   | CUSIP: 345105HU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $676630.50    | 0.33%             | 2037-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Foothill-Eastern Transportation Corridor Agency                                 | FOOTHILL ESTRN TRANSPRTN CORRIDOR AGY CA TOLL ROAD REVENUE   | CUSIP: 345105JH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $949056.60    | 0.46%             | 2046-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Fort Worth TX                                                           | FORT WORTH TX                                                | CUSIP: 349426KZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $132970.49    | 0.06%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Worth Independent School District                                          | FORT WORTH TX INDEP SCH DIST                                 | CUSIP: 349461FK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $115069.76    | 0.06%             | 2028-02-15      | Fixed         | 5.00%                 | 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        |    770000 | PA      | $807671.40    | 0.39%             | 2028-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City of Garland TX Electric Utility System Revenue                              | GARLAND TX ELEC UTILITY SYS REVENUE                          | CUSIP: 366133NB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $874370.20    | 0.42%             | 2049-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Geisinger Authority                                                             | GEISINGER PA AUTH HLTH SYS REVENUE                           | CUSIP: 368497JU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002934.20   | 0.48%             | 2050-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Georgia                                                                | GEORGIA ST                                                   | CUSIP: 3733843P9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40138.12     | 0.02%             | 2027-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of Georgia                                                                | GEORGIA ST                                                   | CUSIP: 3733844D5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $654195.17    | 0.32%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Georgia                                                                | GEORGIA ST                                                   | CUSIP: 373385BH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25774.77     | 0.01%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Parkway Transportation Corp                                               | GRAND PARKWAY TRANSPRTN CORP TX SYS TOLL REVENUE             | CUSIP: 38611TCC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $446022.45    | 0.22%             | 2049-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Grand River Dam Authority                                                       | GRAND RIVER OK DAM AUTH REVENUE                              | CUSIP: 386442ZZ3<br>LEI: 549300XGK5KWQHON4Q79 | Long             | DBT              | MUN               | US        |    500000 | PA      | $533877.60    | 0.26%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grayson County Junior College District/TX                                       | GRAYSON CNTY TX JNR CLG DIST                                 | CUSIP: 389712HP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $447618.50    | 0.22%             | 2049-02-15      | 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: 39081JHP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1119062.80   | 0.54%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                              | GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE               | CUSIP: 392274W69<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |    500000 | PA      | $511819.40    | 0.25%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                              | GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE               | CUSIP: 392275FH1<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |    435000 | PA      | $458813.03    | 0.22%             | 2045-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp                        | HARRIS CNTY TX CULTURAL EDU FACS FIN CORP REVENUE            | CUSIP: 414009QZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $130587.18    | 0.06%             | 2051-10-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Flood Control District                                            | HARRIS CNTY TX FLOOD CONTROL DIST                            | CUSIP: 414019CR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $46608.27     | 0.02%             | 2027-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii                                                                 | HAWAII ST                                                    | CUSIP: 419792KA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20224.45     | 0.01%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Hollywood FL                                                            | HOLLYWOOD FL                                                 | CUSIP: 436146FG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $514338.45    | 0.25%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Honolulu HI                                                    | HONOLULU CITY & CNTY HI                                      | CUSIP: 438687TX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25580.43     | 0.01%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                              | HOUSTON TX                                                   | CUSIP: 4423314Z4<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |     35000 | PA      | $36583.09     | 0.02%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                              | HOUSTON TX                                                   | CUSIP: 4423316G4<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25552.90     | 0.01%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                              | HOUSTON TX                                                   | CUSIP: 4423316H2<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |    105000 | PA      | $109749.26    | 0.05%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Houston Higher Education Finance Corp                                           | HOUSTON TX HGR EDU FIN CORP                                  | CUSIP: 442378GP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $570280.75    | 0.28%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Combined Utility System Revenue                              | HOUSTON TX UTILITY SYS REVENUE                               | CUSIP: 44244CS73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $22145.31     | 0.01%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                      | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204EBW7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003982.90   | 0.49%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                      | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FFW0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1085000 | PA      | $1161347.00   | 0.56%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                      | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FUX1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    450000 | PA      | $468807.30    | 0.23%             | 2048-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                               | ILLINOIS ST                                                  | CUSIP: 4521522L4<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    500000 | PA      | $524872.40    | 0.25%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                               | ILLINOIS ST                                                  | CUSIP: 4521526K2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    500000 | PA      | $529877.85    | 0.26%             | 2030-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                               | ILLINOIS ST                                                  | CUSIP: 452152P21<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027962.60   | 0.50%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                               | ILLINOIS ST                                                  | CUSIP: 452152Q61<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    500000 | PA      | $506328.70    | 0.24%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                               | ILLINOIS ST                                                  | CUSIP: 452153GK9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    190000 | PA      | $205054.14    | 0.10%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                               | ILLINOIS ST                                                  | CUSIP: 452153JR1<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    530000 | PA      | $583469.37    | 0.28%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                               | ILLINOIS ST                                                  | CUSIP: 452153KR9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    500000 | PA      | $545118.60    | 0.26%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                               | ILLINOIS ST                                                  | CUSIP: 452153KY4<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    500000 | PA      | $531921.45    | 0.26%             | 2039-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois Sales Tax Revenue                                             | ILLINOIS ST SALES TAX REVENUE                                | CUSIP: 452227UE9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1068397.30   | 0.52%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                           | ILLINOIS ST TOLL HIGHWAY AUTH                                | CUSIP: 452252NF2<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |    250000 | PA      | $265016.03    | 0.13%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                       | INDIANA ST FIN AUTH HIGHWAY REVENUE                          | CUSIP: 45470RCU8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20308.28     | 0.01%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                       | INDIANA ST FIN AUTH HLTH FAC REVENUE                         | CUSIP: 45471CDQ8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    500000 | PA      | $504292.30    | 0.24%             | 2054-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                       | INDIANA ST FIN AUTH REVENUE                                  | CUSIP: 45506EEY5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    195000 | PA      | $210876.02    | 0.10%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                 | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                  | CUSIP: 45528US44<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |    400000 | PA      | $434979.16    | 0.21%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                      | INTERMOUNTAIN PWR AGY UT PWR SPLY REVENUE                    | CUSIP: 45884AZY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102980.65    | 0.05%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                            | JEFFERSON CNTY AL SWR REVENUE WARRANTS                       | CUSIP: 472682ZB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $583578.12    | 0.28%             | 2032-10-01      | 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        |    415000 | PA      | $431503.10    | 0.21%             | 2053-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JobsOhio Beverage System                                                        | JOBSOHIO BEVERAGE SYS STWD LIQUOR PROFITS REVENUE            | CUSIP: 47770VCQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $385034.25    | 0.19%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kenton County Airport Board                                                     | KENTON CNTY KY ARPT BRD                                      | CUSIP: 491026WK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $507937.75    | 0.25%             | 2054-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Kentucky Housing Corp                                                           | KENTUCKY ST HSG CORP SF MTGE                                 | CUSIP: 491309LH1<br>LEI: 549300NTBUU903EKQ287 | Long             | DBT              | MUN               | US        |    495000 | PA      | $543943.42    | 0.26%             | 2055-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Kentucky Municipal Energy Agency                                                | KENTUCKY ST MUNI ENERGY AGY PWR SYS REVENUE                  | CUSIP: 491499AT6<br>LEI: 254900W8G3M70YHUAO94 | Long             | DBT              | MUN               | US        |    500000 | PA      | $509215.10    | 0.25%             | 2050-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                   | KENTUCKY ST PROPERTY & BLDGS COMMISSION REVENUES             | CUSIP: 49151F4P2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $172611.63    | 0.08%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                   | KENTUCKY ST PROPERTY & BLDGS COMMISSION REVENUES             | CUSIP: 49151F5Y2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21116.97     | 0.01%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                   | KENTUCKY ST PROPERTY & BLDGS COMMISSION REVENUES             | CUSIP: 49151F6P0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $540381.15    | 0.26%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                   | KENTUCKY ST PROPERTY & BLDGS COMMISSION REVENUES             | CUSIP: 49151FNM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $55801.31     | 0.03%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County School District No 414 Lake Washington                              | KING CNTY WA SCH DIST #414 LAKE WASHINGTON                   | CUSIP: 495260N56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $81329.55     | 0.04%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lamar Consolidated Independent School District                                  | LAMAR TX CONSOL INDEP SCH DIST                               | CUSIP: 513174Q62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30639.35     | 0.01%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lamar Consolidated Independent School District                                  | LAMAR TX CONSOL INDEP SCH DIST                               | CUSIP: 513174R20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $82315.22     | 0.04%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Leander Independent School District                                             | LEANDER TX INDEP SCH DIST                                    | CUSIP: 521841R57<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $148752.09    | 0.07%             | 2035-08-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Lee FL Airport Revenue                                                | LEE CNTY FL ARPT REVENUE                                     | CUSIP: 523470HY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $510335.70    | 0.25%             | 2054-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lee County School Board/The                                                     | LEE CNTY FL SCH BRD COPS                                     | CUSIP: 523494SG8<br>LEI: 54930014H67DITNA1Q29 | Long             | DBT              | MUN               | US        |    570000 | PA      | $596094.32    | 0.29%             | 2050-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lodi Unified School District/CA                                                 | LODI CA UNIF SCH DIST                                        | CUSIP: 540261LY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    975000 | PA      | $793837.79    | 0.38%             | 2043-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Long Beach Community College District                                           | LONG BEACH CA CMNTY CLG DIST                                 | CUSIP: 542411QY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $371704.77    | 0.18%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                                     | LONG ISLAND NY PWR AUTH ELEC SYS REVENUE                     | CUSIP: 542691JU5<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |    240000 | PA      | $262512.53    | 0.13%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                                     | LONG ISLAND NY PWR AUTH ELEC SYS REVENUE                     | CUSIP: 542691LD0<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |    465000 | PA      | $465279.09    | 0.22%             | 2055-09-01      | Floating      | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445V55<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |     55000 | PA      | $54738.46     | 0.03%             | 2040-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445V89<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1019493.61   | 0.49%             | 2040-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                    | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE              | CUSIP: 544525Y93<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    320000 | PA      | $338941.82    | 0.16%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                         | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                     | CUSIP: 544532AV6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    250000 | PA      | $261341.15    | 0.13%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                         | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                     | CUSIP: 544532AW4<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    500000 | PA      | $531122.35    | 0.26%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                         | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                     | CUSIP: 544532GM0<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    335000 | PA      | $355851.97    | 0.17%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                         | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                     | CUSIP: 544532LV4<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    675000 | PA      | $731074.34    | 0.35%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                         | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                     | CUSIP: 544532NJ9<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    220000 | PA      | $224763.11    | 0.11%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Improvement Corp of Los Angeles                                       | LOS ANGELES CA MUNI IMPT CORPLEASE REVENUE                   | CUSIP: 5445875L8<br>LEI: 549300ZJ0YLTZNSR8F57 | Long             | DBT              | MUN               | US        |    500000 | PA      | $560914.65    | 0.27%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                          | LOS ANGELES CA UNIF SCH DIST                                 | CUSIP: 5446464W9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20124.42     | 0.01%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                          | LOS ANGELES CA UNIF SCH DIST                                 | CUSIP: 5446466Q0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1559148.60   | 0.75%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                          | LOS ANGELES CA UNIF SCH DIST                                 | CUSIP: 544647JL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1174369.13   | 0.57%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Facilities Inc                                               | LOS ANGELES CNTY CA FACS INC LEASE REVENUE                   | CUSIP: 54531FAT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $916057.20    | 0.44%             | 2048-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                              | LOUISIANA ST                                                 | CUSIP: 5464152D1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30232.23     | 0.01%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisville and Jefferson County Metropolitan Sewer District                     | LOUISVILLE & JEFFERSON CNTY KY MET SWR DIST SWR & DRAIN SYS  | CUSIP: 5465892V3<br>LEI: 5493004O4I11L8BK0A22 | Long             | DBT              | MUN               | US        |    500000 | PA      | $558511.00    | 0.27%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisville/Jefferson County Metropolitan Government                             | LOUISVILLE & JEFFERSON CNTY KY MET GOVT POLL CONTROL REVENUE | CUSIP: 546749AT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $340900.08    | 0.16%             | 2033-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Lower Alabama Gas District/The                                                  | LOWER AL GAS DIST GAS PROJ REVENUE                           | CUSIP: 547804AQ7<br>LEI: 549300YTI1NTDG2OVU42 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1038381.40   | 0.50%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                  | LOWER COLORADO RIVER TX AUTH TRANSMISSION CONTRACT REVENUE   | CUSIP: 54811BH53<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |    220000 | PA      | $228069.84    | 0.11%             | 2053-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                  | LOWER COLORADO RIVER TX AUTH TRANSMISSION CONTRACT REVENUE   | CUSIP: 54811BS44<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20911.77     | 0.01%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                  | LOWER COLORADO RIVER TX AUTH TRANSMISSION CONTRACT REVENUE   | CUSIP: 54811BWH0<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21286.65     | 0.01%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                  | LOWER COLORADO RIVER TX AUTH TRANSMISSION CONTRACT REVENUE   | CUSIP: 54811BZY0<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     50000 | PA      | $52332.12     | 0.03%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                  | LOWER COLORADO RIVER TX AUTH REVENUE                         | CUSIP: 54811GQ37<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25659.90     | 0.01%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                     | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DBW1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    375000 | PA      | $377716.88    | 0.18%             | 2049-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                     | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DGT3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1059675.70   | 0.51%             | 2054-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                     | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DHK1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    500000 | PA      | $533701.80    | 0.26%             | 2054-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                     | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DHZ8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    500000 | PA      | $530879.30    | 0.26%             | 2054-04-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority                          | MAINE ST HLTH & HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 56042SEE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $515808.85    | 0.25%             | 2054-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Maricopa County Union High School District No 210-Phoenix                       | MARICOPA CNTY AZ HIGH SCH DIST #210 PHOENIX                  | CUSIP: 567505SL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $61870.95     | 0.03%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                               | MARYLAND ST                                                  | CUSIP: 574193NN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $408505.20    | 0.20%             | 2031-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                                   | MARYLAND ST CMNTY DEV ADMIN DEPT HSG & CMNTY DEV             | CUSIP: 57419T6W6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $895388.26    | 0.43%             | 2054-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                                  | MARYLAND ST DEPT OF TRANSPRTN CONSOL TRANSPRTN               | CUSIP: 574204L92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $833851.43    | 0.40%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                                  | MARYLAND ST DEPT OF TRANSPRTN CONSOL TRANSPRTN               | CUSIP: 574204R62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36317.91     | 0.02%             | 2030-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                   | MASSACHUSETTS ST                                             | CUSIP: 57582NUZ6<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    520000 | PA      | $575578.64    | 0.28%             | 2030-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                   | MASSACHUSETTS ST                                             | CUSIP: 57582RJK3<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    530000 | PA      | $497558.70    | 0.24%             | 2046-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                   | MASSACHUSETTS ST                                             | CUSIP: 57582RLC8<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1329429.61   | 0.64%             | 2032-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584Y7J2<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    500000 | PA      | $553235.10    | 0.27%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584Y7K9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    500000 | PA      | $557275.00    | 0.27%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57585BAK4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    530000 | PA      | $600644.81    | 0.29%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57585BAL2<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    455000 | PA      | $520364.48    | 0.25%             | 2034-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57585BAM0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    485000 | PA      | $515142.60    | 0.25%             | 2036-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Council                                                            | MET COUNCIL MINNEAPOLIS-SAINT PAUL MN MET AREA               | CUSIP: 591852Z50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45741.26     | 0.02%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN                       | MET GOVT NASHVILLE & DAVIDSON CNTY TN                        | CUSIP: 592112RL2<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20119.69     | 0.01%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN                       | MET GOVT NASHVILLE & DAVIDSON CNTY TN                        | CUSIP: 592112TE6<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |     35000 | PA      | $36069.53     | 0.02%             | 2028-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                        | MET PIER & EXPOSITION AUTH IL DEDICATED ST TAX REVENUE       | CUSIP: 592248BB3<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $435418.90    | 0.21%             | 2044-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                        | MET PIER & EXPOSITION AUTH IL DEDICATED ST TAX REVENUE       | CUSIP: 592248BD9<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1105000 | PA      | $425780.81    | 0.21%             | 2046-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                           | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261A5B9<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047579.50   | 0.51%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                           | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261A5V5<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    500000 | PA      | $548452.80    | 0.26%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                           | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261AFS1<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1082299.25   | 0.52%             | 2037-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                           | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261AK63<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    500000 | PA      | $434846.40    | 0.21%             | 2048-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                     | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647KN0<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1284453.15   | 0.62%             | 2051-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Educational Facilities Authority                              | MIAMI-DADE CNTY FL EDUCTNL FACS AUTH REVENUE                 | CUSIP: 59333APA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $588094.09    | 0.28%             | 2047-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| School Board of Miami-Dade County/The                                           | MIAMI-DADE CNTY FL SCH BRD COPS                              | CUSIP: 59333MT70<br>LEI: 549300J3U4QVT6U3O129 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500957.65    | 0.24%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School Board of Miami-Dade County/The                                           | MIAMI-DADE CNTY FL SCH BRD COPS                              | CUSIP: 59333MW76<br>LEI: 549300J3U4QVT6U3O129 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20523.00     | 0.01%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School Board of Miami-Dade County/The                                           | MIAMI-DADE CNTY FL SCH BRD COPS                              | CUSIP: 59333MX26<br>LEI: 549300J3U4QVT6U3O129 | Long             | DBT              | MUN               | US        |     45000 | PA      | $48926.70     | 0.02%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL                                                         | MIAMI-DADE CNTY FL SPL OBLIG                                 | CUSIP: 59333NZA4<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |    250000 | PA      | $202109.63    | 0.10%             | 2031-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL                                                         | MIAMI-DADE CNTY FL PUBLIC FACS REVENUE                       | CUSIP: 59333TFM7<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26677.34     | 0.01%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Transit System                                          | MIAMI-DADE CNTY FL TRANSIT SALES SURTAX REVENUE              | CUSIP: 59334PHV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1307466.00   | 0.63%             | 2050-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                      | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TXG3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1034039.70   | 0.50%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                               | MICHIGAN ST BLDG AUTH REVENUE                                | CUSIP: 594615FL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $252924.88    | 0.12%             | 2030-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                               | MICHIGAN ST BLDG AUTH REVENUE                                | CUSIP: 594615FN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $252763.95    | 0.12%             | 2032-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                               | MICHIGAN ST BLDG AUTH REVENUE                                | CUSIP: 594615JZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $717765.70    | 0.35%             | 2051-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                    | MICHIGAN ST HSG DEV AUTH SF MTGE REVENUE                     | CUSIP: 594654US2<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |    205000 | PA      | $218883.75    | 0.11%             | 2054-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                    | MICHIGAN ST HSG DEV AUTH SF MTGE REVENUE                     | CUSIP: 594654ZT5<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |    985000 | PA      | $1076817.66   | 0.52%             | 2055-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Midland Independent School District                                             | MIDLAND TX INDEP SCH DIST                                    | CUSIP: 5977832N8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36613.10     | 0.02%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                              | MINNESOTA ST                                                 | CUSIP: 60412AW74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $550283.85    | 0.27%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                | MINNESOTA ST HSG FIN AGY                                     | CUSIP: 60416UML6<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    955000 | PA      | $1066414.41   | 0.52%             | 2055-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Missouri Joint Municipal Electric Utility Commission                            | MISSOURI JT MUNI ELEC UTILITY COMMISSION PWR PROJ REVENUE    | CUSIP: 606092PR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $37017.28     | 0.02%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Joint Municipal Electric Utility Commission                            | MISSOURI JT MUNI ELEC UTILITY COMMISSION PWR PROJ REVENUE    | CUSIP: 606092RQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $518914.60    | 0.25%             | 2056-01-01      | 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: 60637ANA6<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    125000 | PA      | $130451.51    | 0.06%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                         | MISSOURI ST HSG DEV COMMISSION SF MTGE REVENUE               | CUSIP: 60637GEZ8<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |    925000 | PA      | $988187.77    | 0.48%             | 2055-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                         | MUNI ELEC AUTH OF GA                                         | CUSIP: 62620HJP8<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    325000 | PA      | $359788.16    | 0.17%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                         | MUNI ELEC AUTH OF GA                                         | CUSIP: 62620HJZ6<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    500000 | PA      | $514470.80    | 0.25%             | 2054-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Nassau County Interim Finance Authority                                         | NASSAU CNTY NY INTERIM FIN AUTH                              | CUSIP: 631663RA1<br>LEI: 549300DP7LB76W78BR41 | Long             | DBT              | MUN               | US        |    310000 | PA      | $324645.30    | 0.16%             | 2034-11-15      | Fixed         | 4.00%                 | 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        |    500000 | PA      | $511806.60    | 0.25%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Hampshire Housing Finance Authority                                         | NEW HAMPSHIRE ST HSG FIN AUTH SF REVENUE                     | CUSIP: 64469D6X4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $558367.13    | 0.27%             | 2056-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                           | NEW JERSEY ST HLTH CARE FACS FING AUTH REVENUE               | CUSIP: 645790QD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $937443.30    | 0.45%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of New Jersey                                                             | NEW JERSEY ST                                                | CUSIP: 646039YQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1589360.85   | 0.77%             | 2031-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Educational Facilities Authority                                     | NEW JERSEY ST EDUCTNL FACS AUTH REVENUE                      | CUSIP: 646067HL5<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |    650000 | PA      | $734089.98    | 0.35%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Educational Facilities Authority                                     | NEW JERSEY ST EDUCTNL FACS AUTH REVENUE                      | CUSIP: 646067KD9<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1096111.90   | 0.53%             | 2064-07-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                  | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 6461364C2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023371.50   | 0.49%             | 2031-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                  | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 6461367N5<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $729917.00    | 0.35%             | 2050-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                  | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 6461367V7<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    185000 | PA      | $204061.51    | 0.10%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                  | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 646136ES6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    205000 | PA      | $183136.85    | 0.09%             | 2029-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                  | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 646136WF4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |     55000 | PA      | $50686.26     | 0.02%             | 2028-12-15      | None          | 0.00%                 | 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        |    530000 | PA      | $314384.45    | 0.15%             | 2038-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                  | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 646136WP2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    250000 | PA      | $198964.13    | 0.10%             | 2032-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                  | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 646136XF3<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    180000 | PA      | $165882.29    | 0.08%             | 2028-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                  | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 64613CAK4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20577.92     | 0.01%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                  | NEW JERSEY ST TRANSPRTN TRUSTFUND AUTH                       | CUSIP: 64613CFC7<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    175000 | PA      | $186498.67    | 0.09%             | 2046-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                             | NEW YORK NY                                                  | CUSIP: 64966Q2E9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    380000 | PA      | $392258.53    | 0.19%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                             | NEW YORK NY                                                  | CUSIP: 64966Q3K4<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     35000 | PA      | $36812.42     | 0.02%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                             | NEW YORK NY                                                  | CUSIP: 64966QAQ3<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    500000 | PA      | $523553.85    | 0.25%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                             | NEW YORK NY                                                  | CUSIP: 64966QAZ3<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $943833.60    | 0.46%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                             | NEW YORK NY                                                  | CUSIP: 64966QQC7<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1840000 | PA      | $1801093.02   | 0.87%             | 2040-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                             | NEW YORK NY                                                  | CUSIP: 64966SPY6<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1099758.60   | 0.53%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Industrial Development Agency                                     | NEW YORK CITY NY INDL DEV AGY REVENUE                        | CUSIP: 64971PKA2<br>LEI: 549300XR20ZR5DHL9534 | Long             | DBT              | MUN               | US        |    360000 | PA      | $387200.88    | 0.19%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Industrial Development Agency                                     | NEW YORK CITY NY INDL DEV AGY REVENUE                        | CUSIP: 64971PKJ3<br>LEI: 549300XR20ZR5DHL9534 | Long             | DBT              | MUN               | US        |    300000 | PA      | $279027.87    | 0.13%             | 2045-03-01      | 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 REVENUE               | CUSIP: 64971X2C1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $33193.66     | 0.02%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue         | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971X4Q8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $217286.22    | 0.10%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue         | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971XFR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $519144.65    | 0.25%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue         | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971XUE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $976493.00    | 0.47%             | 2042-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Building Aid Revenue               | NEW YORK CITY NY TRANSITIONAL FIN AUTH BLDG AID REVENUE      | CUSIP: 64972HT44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $61904.36     | 0.03%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Building Aid Revenue               | NEW YORK CITY NY TRANSITIONAL FIN AUTH BLDG AID REVENUE      | CUSIP: 64972HU67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1455000 | PA      | $1466712.02   | 0.71%             | 2036-07-15      | 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 REV                   | CUSIP: 64972JAL2<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |    170000 | PA      | $190051.98    | 0.09%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue         | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JCZ9<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |     95000 | PA      | $105113.25    | 0.05%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue         | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JPU6<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20768.83     | 0.01%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue         | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JPY8<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |    135000 | PA      | $149371.47    | 0.07%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue         | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JQL5<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |    240000 | PA      | $254383.87    | 0.12%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue         | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JTZ1<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |    305000 | PA      | $334400.84    | 0.16%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue         | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JVT2<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |    560000 | PA      | $623012.04    | 0.30%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue         | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JYX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $82984.15     | 0.04%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                              | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 64985SDB6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    230000 | PA      | $253816.78    | 0.12%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp                                                   | NEW YORK ST URBAN DEV CORP SALES TAX REVENUE                 | CUSIP: 64985TAJ0<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1048167.80   | 0.51%             | 2039-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Power Authority                                                        | NEW YORK ST PWR AUTH REVENUE                                 | CUSIP: 64989KLE4<br>LEI: I5P1GEYFGGMMDOFX2L30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $897032.00    | 0.43%             | 2050-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                              | NEW YORK ST DORM AUTH SALES TAX REVENUE                      | CUSIP: 64990AHQ1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    740000 | PA      | $768589.46    | 0.37%             | 2035-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                              | NEW YORK ST DORM AUTH SALES TAX REVENUE                      | CUSIP: 64990ANZ4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |      5000 | PA      | $5285.97      | 0.00%             | 2029-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                              | NEW YORK ST DORM AUTH SALES TAX REVENUE                      | CUSIP: 64990AXU4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    250000 | PA      | $271125.15    | 0.13%             | 2043-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                              | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 64990CEK3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $981080.60    | 0.47%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                              | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990FA53<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $717489.40    | 0.35%             | 2051-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                              | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990FJJ4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    500000 | PA      | $475110.90    | 0.23%             | 2043-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                              | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990FL36<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1277823.60   | 0.62%             | 2041-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                              | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990FPV0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $894009.90    | 0.43%             | 2047-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                              | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 65000BW38<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    290000 | PA      | $309991.27    | 0.15%             | 2054-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                                | NEW YORK ST THRUWAY AUTH GEN REVENUE JUNIOR INDEBTEDNESS OBL | CUSIP: 650010CK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $877415.10    | 0.42%             | 2050-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                                | NEW YORK ST THRUWAY AUTH GEN REVENUE JUNIOR INDEBTEDNESS OBL | CUSIP: 650010DR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $268879.13    | 0.13%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                                | NEW YORK ST THRUWAY AUTH PERSONAL INCOME TAX REVENUE         | CUSIP: 650028XE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $943459.30    | 0.46%             | 2044-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp                                                   | NEW YORK ST URBAN DEV CORP REVENUE                           | CUSIP: 6500358G6<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $912807.20    | 0.44%             | 2047-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp                                                   | NEW YORK ST URBAN DEV CORP REVENUE                           | CUSIP: 650036DM5<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |    715000 | PA      | $536353.25    | 0.26%             | 2047-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp                                                   | NEW YORK ST URBAN DEV CORP REVENUE                           | CUSIP: 650036DQ6<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   1130000 | PA      | $817814.67    | 0.40%             | 2050-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                        | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $99943.41     | 0.05%             | 2049-06-30      | Fixed         | 5.25%                 | 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        |   1000000 | PA      | $1001526.10   | 0.48%             | 2060-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                        | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006933.90   | 0.49%             | 2054-12-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                        | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2010480.20   | 0.97%             | 2060-12-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| North Carolina Municipal Power Agency No 1                                      | NORTH CAROLINA ST MUNI PWR AGY #1 CATAWBA ELEC REVENUE       | CUSIP: 658203X33<br>LEI: 549300N3Q65G1ODRFX75 | Long             | DBT              | MUN               | US        |    650000 | PA      | $654466.80    | 0.32%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                           | NORTH CAROLINA HSG FIN AGY HOMEOWNERSHIP REVENUE             | CUSIP: 65820BBA3<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |    980000 | PA      | $1070540.53   | 0.52%             | 2055-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| North Carolina Turnpike Authority                                               | NORTH CAROLINA ST TURNPIKE AUTH                              | CUSIP: 65830RAQ2<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |    500000 | PA      | $375754.50    | 0.18%             | 2034-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Turnpike Authority                                               | NORTH CAROLINA ST TURNPIKE AUTH TRIANGLE EXPRESSWAY APPROP   | CUSIP: 65830VAS9<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $314338.90    | 0.15%             | 2049-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| North Dakota Housing Finance Agency                                             | NORTH DAKOTA ST HSG FIN AGY                                  | CUSIP: 65889BBC7<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |    990000 | PA      | $1093931.59   | 0.53%             | 2055-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| North East Independent School District/TX                                       | NORTH EAST TX INDEP SCH DIST                                 | CUSIP: 6591542X5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20455.01     | 0.01%             | 2027-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                   | N TX TOLLWAY AUTH REVENUE                                    | CUSIP: 66285WBT2<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    100000 | PA      | $95117.16     | 0.05%             | 2028-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                   | N TX TOLLWAY AUTH REVENUE                                    | CUSIP: 66285WS72<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    160000 | PA      | $179474.40    | 0.09%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northampton County General Purpose Authority                                    | NORTHAMPTON CNTY PA GEN PURPOSE AUTH HOSP REVENUE            | CUSIP: 66353RDH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    975000 | PA      | $1065548.35   | 0.51%             | 2034-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                          | OHIO ST AIR QUALITY DEV AUTH                                 | CUSIP: 677525WV5<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008578.90   | 0.49%             | 2039-11-01      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| Ohio Higher Educational Facility Commission                                     | OHIO ST HGR EDUCTNL FAC COMMISSION                           | CUSIP: 67756DM60<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |    205000 | PA      | $211410.43    | 0.10%             | 2053-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority                                                | OHIO ST WTR DEV AUTH REVENUE                                 | CUSIP: 67765QTA4<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |    380000 | PA      | $413428.18    | 0.20%             | 2045-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                     | OKLAHOMA ST TURNPIKE AUTH                                    | CUSIP: 679111E91<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1064289.40   | 0.51%             | 2054-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Orange County School Board                                                      | ORANGE CNTY FL SCH BRD COPS                                  | CUSIP: 684517SH9<br>LEI: 549300SEFJ368NVQXL34 | Long             | DBT              | MUN               | US        |     80000 | PA      | $84231.83     | 0.04%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange County School Board                                                      | ORANGE CNTY FL SCH BRD COPS                                  | CUSIP: 684517SR7<br>LEI: 549300SEFJ368NVQXL34 | Long             | DBT              | MUN               | US        |    940000 | PA      | $1059293.99   | 0.51%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County School District                                               | PALM BEACH CNTY FL SCH BRD COPS                              | CUSIP: 696550C26<br>LEI: 549300J36FX8PM8L7086 | Long             | DBT              | MUN               | US        |     55000 | PA      | $56766.92     | 0.03%             | 2027-08-01      | 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        |    500000 | PA      | $524513.20    | 0.25%             | 2043-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                           | PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV  | CUSIP: 70868YAX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $748331.10    | 0.36%             | 2057-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                           | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                   | CUSIP: 70869PJY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001235.10   | 0.48%             | 2038-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                    | PENNSYLVANIA ST                                              | CUSIP: 70914PY30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1108412.40   | 0.54%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                    | PENNSYLVANIA ST                                              | CUSIP: 70914PZ47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $539572.95    | 0.26%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                            | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917S6Z1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016732.80   | 0.49%             | 2049-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709225BC9<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    425000 | PA      | $383695.10    | 0.19%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709225BD7<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    480000 | PA      | $424284.19    | 0.20%             | 2050-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Gas Works Co                                                       | PHILADELPHIA PA GAS WKS REVENUE                              | CUSIP: 71783MDE2<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |    305000 | PA      | $317304.04    | 0.15%             | 2049-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pierce County School District No 10 Tacoma                                      | PIERCE CNTY WA SCH DIST #10 TACOMA                           | CUSIP: 720424E22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $41581.75     | 0.02%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Plano Independent School District                                               | PLANO TX INDEP SCH DIST                                      | CUSIP: 727199B34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20918.03     | 0.01%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Plano Independent School District                                               | PLANO TX INDEP SCH DIST                                      | CUSIP: 727199J85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $52304.44     | 0.03%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                         | PORT AUTH OF NEW YORK & NEW JERSEY NY                        | CUSIP: 73358XHW5<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1671955.59   | 0.81%             | 2036-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                         | PORT AUTH OF NEW YORK & NEW JERSEY NY                        | CUSIP: 73358XHX3<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    280000 | PA      | $301489.58    | 0.15%             | 2037-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of Houston of Harris County Texas                                | PORT HOUSTON TX AUTH                                         | CUSIP: 734262GV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $466669.61    | 0.23%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                              | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 7353892S6<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1031204.40   | 0.50%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                              | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 735389W20<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $881489.20    | 0.43%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Portland OR Sewer System Revenue                                        | PORTLAND OR SWR SYS REVENUE                                  | CUSIP: 736742ZT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $47095.71     | 0.02%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Poway Unified School District                                                   | POWAY CA UNIF SCH DIST                                       | CUSIP: 738850RH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $197484.70    | 0.10%             | 2046-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Private Colleges & Universities Authority                                       | PRIV CLGS & UNIVS AUTH GA                                    | CUSIP: 74265L3B2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $440350.50    | 0.21%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Prosper Independent School District                                             | PROSPER TX INDEP SCH DIST                                    | CUSIP: 7436005D6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $438508.65    | 0.21%             | 2054-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Authority for Colorado Energy                                            | PUBLIC AUTH FOR COLORADO ST ENERGY NATURAL GAS PURCHASE REVE | CUSIP: 744387AD3<br>LEI: 549300C6IJKXQOMRAB11 | Long             | DBT              | MUN               | US        |    225000 | PA      | $266125.82    | 0.13%             | 2038-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                | KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE              | CUSIP: 74440DDS0<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25277.18     | 0.01%             | 2052-08-01      | Floating      | 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        |    500000 | PA      | $529269.60    | 0.26%             | 2055-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI TOLL REVENUE                              | CUSIP: 74448UAB4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $515733.10    | 0.25%             | 2060-06-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI TOLL REVENUE                              | CUSIP: 74448UAD0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $510240.10    | 0.25%             | 2065-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Regional Transportation Authority                                               | REGL TRANSPRTN AUTH IL                                       | CUSIP: 759911ZV5<br>LEI: 549300FOIPI62F5YFO59 | Long             | DBT              | MUN               | US        |    730000 | PA      | $818689.45    | 0.40%             | 2034-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Rhode Island Housing & Mortgage Finance Corp                                    | RHODE ISLAND ST HSG & MTGE FIN CORP                          | CUSIP: 76221SAN1<br>LEI: 254900N9FNYNPO539444 | Long             | DBT              | MUN               | US        |    175000 | PA      | $180209.44    | 0.09%             | 2053-10-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Rhode Island Commerce Corp                                                      | RHODE ISLAND COMMERCE CORP REVENUE                           | CUSIP: 762232AR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $281162.87    | 0.14%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rockwall Independent School District                                            | ROCKWALL TX INDEP SCH DIST                                   | CUSIP: 774286FB9<br>LEI: 5493008ZIVPUZPQOR621 | Long             | DBT              | MUN               | US        |     30000 | PA      | $32544.06     | 0.02%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Round Rock Independent School District                                          | ROUND ROCK TX INDEP SCH DIST                                 | CUSIP: 779240NQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $58027.08     | 0.03%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sacramento City Financing Authority                                             | SACRAMENTO CA CITY FING AUTH                                 | CUSIP: 785849VC1<br>LEI: 549300D8GE38KYE3NW14 | Long             | DBT              | MUN               | US        |    250000 | PA      | $272335.63    | 0.13%             | 2030-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Parish of St John the Baptist LA                                                | SAINT JOHN THE BAPTIST PARISH LA REVENUE                     | CUSIP: 79020FBB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1260572.00   | 0.61%             | 2037-06-01      | Floating      | 3.30%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                       | SALT LAKE CITY UT ARPT REVENUE                               | CUSIP: 795576MB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $325457.84    | 0.16%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX                                                          | SAN ANTONIO TX                                               | CUSIP: 79623PCV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21059.61     | 0.01%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX                                                          | SAN ANTONIO TX                                               | CUSIP: 79623PRQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $72943.74     | 0.04%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                           | SAN ANTONIO TX ELEC & GAS REVENUE                            | CUSIP: 79625GBF9<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25670.28     | 0.01%             | 2028-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Water System                                                        | SAN ANTONIO TX WTR REVENUE                                   | CUSIP: 79642GPU0<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25702.00     | 0.01%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Bernardino Community College District                                       | SAN BERNARDINO CA CMNTY CLG DIST                             | CUSIP: 796720RZ5<br>LEI: 549300Y4FPTEP3EQZ007 | Long             | DBT              | MUN               | US        |    500000 | PA      | $148651.50    | 0.07%             | 2049-08-01      | None          | 0.00%                 | 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: 79766DTC3<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |    455000 | PA      | $474912.62    | 0.23%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Scott County School District Finance Corp                                       | SCOTT CNTY KY SCH DIST FIN CORP                              | CUSIP: 809545ZY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $527016.25    | 0.25%             | 2041-09-01      | 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: 837032BY6<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    360000 | PA      | $388114.42    | 0.19%             | 2045-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| South Carolina State Housing Finance & Development Authority                    | SOUTH CAROLINA ST HSG FIN & DEV AUTH MTGE REVENUE            | CUSIP: 83712D7Q3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $552781.84    | 0.27%             | 2055-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                         | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 8371514F3<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |    500000 | PA      | $528272.80    | 0.26%             | 2054-12-01      | Fixed         | 5.50%                 | 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        |    400000 | PA      | $419618.84    | 0.20%             | 2050-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                         | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 8371515Z8<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |     40000 | PA      | $42338.83     | 0.02%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                         | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 837151XA2<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |    750000 | PA      | $734024.18    | 0.35%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southeast Alabama Gas Supply District/The                                       | S E ALABAMA ST GAS SPLY DIST GAS SPLY REVENUE                | CUSIP: 84131TBT8<br>LEI: 549300BL04JIB2GJZ178 | Long             | DBT              | MUN               | US        |    500000 | PA      | $526331.65    | 0.25%             | 2049-06-01      | Floating      | 5.00%                 | 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        |   1000000 | PA      | $1048822.10   | 0.51%             | 2054-01-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                               | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                     | CUSIP: 84136HAH6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1063944.10   | 0.51%             | 2055-10-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                               | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                     | CUSIP: 84136HAU7<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021395.10   | 0.49%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                               | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                     | CUSIP: 84136HBC6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005654.40   | 0.49%             | 2056-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                               | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                     | CUSIP: 84136HBT9<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    500000 | PA      | $513699.85    | 0.25%             | 2055-03-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Spokane WA Airport Revenue                                            | SPOKANE CNTY WA ARPT REVENUE                                 | CUSIP: 848661JV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    925000 | PA      | $939684.84    | 0.45%             | 2054-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Spring Independent School District                                              | SPRING TX INDEP SCH DIST                                     | CUSIP: 850001CL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1059749.20   | 0.51%             | 2049-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Spring Independent School District                                              | SPRING TX INDEP SCH DIST                                     | CUSIP: 850001CN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $629917.62    | 0.30%             | 2055-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Stockton Unified School District                                                | STOCKTON CA UNIF SCH DIST                                    | CUSIP: 861419H44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $525341.70    | 0.25%             | 2049-08-01      | Fixed         | 5.00%                 | 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        |    500000 | PA      | $525015.20    | 0.25%             | 2054-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Tampa FL                                                                | TAMPA FL HOSP REVENUE                                        | CUSIP: 875161DD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001662.30   | 0.48%             | 2050-07-01      | 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: 87638QSG5<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16139.09     | 0.01%             | 2052-11-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition and Supply Corp I                               | TEXAS ST MUNI GAS ACQUISITION & SPLY CORP I GAS SPLY REVENUE | CUSIP: 88256CEX3<br>LEI: 6AZ7FRSNC3ZFPM0Z8L86 | Long             | DBT              | MUN               | US        |    135000 | PA      | $138206.68    | 0.07%             | 2026-12-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp IV                                | TEXAS ST MUNI GAS ACQUISITION& SPLY CORP IV                  | CUSIP: 88256PAG5<br>LEI: 549300PTUE847QDBBW22 | Long             | DBT              | MUN               | US        |    500000 | PA      | $527805.45    | 0.25%             | 2054-01-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                  | TEXAS ST                                                     | CUSIP: 882725DC5<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |    250000 | PA      | $275572.08    | 0.13%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Texas Turnpike System                                                   | TEXAS ST TURNPIKE AUTH CENTRL TX TURNPIKE SYS REVENUE        | CUSIP: 882762AU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $234612.69    | 0.11%             | 2030-08-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Texas Tech University System                                                    | TEXAS ST TECH UNIV REVENUES                                  | CUSIP: 882806KV3<br>LEI: 549300SPM8LGJKCQO195 | Long             | DBT              | MUN               | US        |    250000 | PA      | $228682.03    | 0.11%             | 2055-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Central Texas Turnpike System                                                   | TEXAS ST TRANSPRTN COMMISSION CENTRAL TX TURNPIKE SYS REVENU | CUSIP: 88283KCG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $268403.33    | 0.13%             | 2041-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Finance Corp                                               | TEXAS ST TRANSPRTN FIN CORP SH 288 SYS TOLL REVENUE          | CUSIP: 88283PAG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $544174.05    | 0.26%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                   | TEXAS ST WTR DEV BRD                                         | CUSIP: 882854J45<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1180000 | PA      | $1189397.28   | 0.57%             | 2037-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                   | TEXAS WTR DEV BRD ST WTR IMPLEMENTATION REVENUE FUND         | CUSIP: 88285AFS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $471439.54    | 0.23%             | 2041-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                   | TEXAS WTR DEV BRD ST WTR IMPLEMENTATION REVENUE FUND         | CUSIP: 88285AGA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    910000 | PA      | $935153.31    | 0.45%             | 2053-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                            | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                  | CUSIP: 89602N5J9<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002285.20   | 0.48%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                            | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                  | CUSIP: 89602N7S7<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1017667.70   | 0.49%             | 2038-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                            | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                  | CUSIP: 89602RMS1<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    215000 | PA      | $209958.04    | 0.10%             | 2042-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                            | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REAL ESTATE TRANSFER TAX  | CUSIP: 896032AV1<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    500000 | PA      | $534527.10    | 0.26%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                            | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REAL ESTATE TRANSFER TAX  | CUSIP: 896032BB4<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    640000 | PA      | $666161.73    | 0.32%             | 2054-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Trinity River Authority Central Regional Wastewater System Revenue              | TRINITY RIVER TX AUTH REGL WSTWTR SYS REVENUE                | CUSIP: 89658HXJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $24810.22     | 0.01%             | 2031-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center Pooled Revenue           | UNIV OF CALIFORNIA CA RGTS MED CENTER POOLED REVENUE         | CUSIP: 913366GZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40123.26     | 0.02%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                        | UNIV OF CALIFORNIA CA REVENUES                               | CUSIP: 91412HWK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $581979.70    | 0.28%             | 2040-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| University of California                                                        | UNIV OF CALIFORNIA CA REVENUES                               | CUSIP: 91412HWL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $200839.72    | 0.10%             | 2040-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| University of Kansas Hospital Authority                                         | UNIV OF KANSAS KS HOSP AUTH HLTH FACS REVENUE                | CUSIP: 914367HK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $158281.75    | 0.08%             | 2047-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Michigan                                                          | UNIV OF MICHIGAN MI                                          | CUSIP: 914455QB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    585000 | PA      | $585000.00    | 0.28%             | 2046-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                              | UNIV OF TEXAS TX UNIV REVENUES                               | CUSIP: 91514AEM3<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |    400000 | PA      | $413325.40    | 0.20%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                              | UNIV OF TEXAS TX UNIV REVENUES                               | CUSIP: 91514AJE6<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |     70000 | PA      | $72331.95     | 0.03%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                              | UNIV OF TEXAS TX UNIV REVENUES                               | CUSIP: 91514AKA2<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26414.94     | 0.01%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                              | UNIV OF TEXAS TX UNIV REVENUES                               | CUSIP: 91514ALL7<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |     75000 | PA      | $77498.51     | 0.04%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                              | UNIV OF TEXAS TX UNIV REVENUES                               | CUSIP: 91514AMK8<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |    310000 | PA      | $354505.83    | 0.17%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                              | UNIV OF TEXAS TX UNIV REVENUES                               | CUSIP: 91514APD1<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |    500000 | PA      | $561115.15    | 0.27%             | 2039-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp                                                               | UTAH HSG CORP SF MTGE REVENUE                                | CUSIP: 917437MA0<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |    925000 | PA      | $1029086.64   | 0.50%             | 2055-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Utah State Building Ownership Authority                                         | UTAH ST BLDG OWNERSHIP AUTH LEASE REVENUE                    | CUSIP: 917547G62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $52488.72     | 0.03%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                             | VIRGINIA ST CLG BLDG AUTH EDUCTNL FACS REVENUE 21ST CENTURY  | CUSIP: 92778VFG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $522482.55    | 0.25%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                             | VIRGINIA ST CLG BLDG AUTH EDUCTNL FACS REVENUE 21ST CENTURY  | CUSIP: 92778VJF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $51043.06     | 0.02%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Commonwealth Transportation Board                                      | VIRGINIA ST CMWLTH TRANSPRTN BRD TRANSPRTN REVENUE           | CUSIP: 927793D97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1034071.10   | 0.50%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Commonwealth Transportation Board                                      | VIRGINIA ST CMWLTH TRANSPRTN BRD TRANSPRTN REVENUE           | CUSIP: 927793Y86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $661436.06    | 0.32%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                     | VIRGINIA ST SMALL BUSINESS FING AUTH REVENUE                 | CUSIP: 928104PK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1044051.30   | 0.50%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                | WASHINGTON DC MET AREA TRANSIT AUTH DEDICATED REVENUE        | CUSIP: 93878YAU3<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1418580.00   | 0.69%             | 2045-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washoe County School District/NV                                                | WASHOE CNTY NV SCH DIST                                      | CUSIP: 940859RB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $430197.02    | 0.21%             | 2054-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity Funds                                                       | BlackRock Liquidity Funds: MuniCash, Institutional Shares    | CUSIP: 09248U841<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |   1151092 | NS      | $1151207.20   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| County of Williamson TX                                                         | WILLIAMSON CNTY TX                                           | CUSIP: 969888CQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $52229.56     | 0.03%             | 2028-02-15      | 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: 97689QWD4<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |    955000 | PA      | $1040295.25   | 0.50%             | 2055-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                              | WISCONSIN ST                                                 | CUSIP: 97705MT62<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20544.90     | 0.01%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712DQV1<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001052.80   | 0.48%             | 2039-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JMT7<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009584.90   | 0.49%             | 2055-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JNQ2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    500000 | PA      | $539607.30    | 0.26%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wylie Independent School District/Collin County                                 | WYLIE TX INDEP SCH DIST COLLIN CNTY                          | CUSIP: 98306EBJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21117.74     | 0.01%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Yuma Industrial Development Authority                                           | YUMA AZ INDL DEV AUTH HOSP REVENUE                           | CUSIP: 988514DE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $133062.46    | 0.06%             | 2054-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** BlackRock Funds

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer