# EDGAR Filing Document

**Accession Number:** 0000835948
**File Stem:** 0001410368-25-043420
**Filing Date:** 2025-12
**Character Count:** 154637
**Document Hash:** 7b208b65c81dfd62065e4b155242427f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-043420.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0001410368-25-043420

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK MUNIVEST FUND, INC.
- **CENTRAL INDEX KEY:** 0000835948

**ORGANIZATION NAME:**
- **EIN:** 222919170
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05611
- **FILM NUMBER:** 251606828

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

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

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

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MUNIPLUS FUND INC
- **DATE OF NAME CHANGE:** 19880913

## Nport-Ex

October 31, 2025

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

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

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

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

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

------

Schedule of Investments (unaudited)

October 31, 2025

**BlackRock MuniVest Fund, Inc. (MVF)** 

**(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 — 7.3%** | **Alabama — 7.3%** |  |
| Black Belt Energy Gas District, RB<sup>(a)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 01/01/54 | $4765 | &nbsp;&nbsp; $5132336 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 05/01/56 | 1925 | &nbsp;&nbsp; 2005808 |
| &nbsp;&nbsp;&nbsp; Series F, 5.50%, 11/01/53 | 1590 | &nbsp;&nbsp; 1680409 |
| &nbsp;&nbsp;&nbsp; County of Jefferson Alabama Sewer Revenue, <br> Refunding RB, 5.50%, 10/01/53<br>| 1060 | &nbsp;&nbsp; 1116878 |
| &nbsp;&nbsp;&nbsp; Lower Alabama Gas District, RB, Series A, 5.00%, <br> 09/01/46<br>| 1145 | &nbsp;&nbsp; 1237617 |
| Mobile County Industrial Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 06/01/54 | 5325 | &nbsp;&nbsp; 5165872 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 4.75%, 12/01/54 | 2140 | &nbsp;&nbsp; 1997370 |
| &nbsp;&nbsp;&nbsp; Southeast Alabama Gas Supply District, Refunding RB, <br> Series B, 5.00%, 06/01/49<sup>(a)</sup><br>| 945 | &nbsp;&nbsp; 1023549 |
| &nbsp;&nbsp;&nbsp; Southeast Energy Authority A Cooperative District, RB, <br> Series A-2, 5.31%, 01/01/53<sup>(a)</sup><br>| 9645 | &nbsp;&nbsp; 10121758 |
| &nbsp;&nbsp;&nbsp; Tuscaloosa County Industrial Development Authority, <br> Refunding RB, Series A, 5.25%, 05/01/44<sup>(b)</sup><br>| 1610 | &nbsp;&nbsp; 1620428 |
|  |  | &nbsp;&nbsp; 31102025 |
| **Arizona — 1.1%** | **Arizona — 1.1%** |  |
| &nbsp;&nbsp;&nbsp; Arizona Industrial Development Authority, Refunding <br> RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.38%, 07/01/50 | 2500 | &nbsp;&nbsp; 2471985 |
| &nbsp;&nbsp;&nbsp; Series G, 5.00%, 07/01/47 | 715 | &nbsp;&nbsp; 681137 |
| &nbsp;&nbsp;&nbsp; City of Mesa Arizona Utility System Revenue, RB, <br> (AGM), 4.50%, 07/01/49<br>| 830 | &nbsp;&nbsp; 832005 |
| &nbsp;&nbsp;&nbsp; Industrial Development Authority of the City of Phoenix <br> Arizona, Refunding RB, 5.00%, 07/01/45<sup>(b)</sup><br>| 700 | &nbsp;&nbsp; 681724 |
|  |  | &nbsp;&nbsp; 4666851 |
| **Arkansas — 0.2%** | **Arkansas — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Arkansas Development Finance Authority, RB, AMT, <br> Sustainability Bonds, 5.70%, 05/01/53<br>| 810 | &nbsp;&nbsp; 826739 |
| **California — 4.3%** | **California — 4.3%** |  |
| &nbsp;&nbsp;&nbsp; California Community Choice Financing Authority, RB, <br> Series B-2, Sustainability Bonds, 3.67%, 02/01/52<sup>(a)</sup><br>| 3500 | &nbsp;&nbsp; 3296946 |
| &nbsp;&nbsp;&nbsp; California Enterprise Development Authority, RB, <br> 8.00%, 11/15/62<sup>(b)</sup><br>| 715 | &nbsp;&nbsp; 709454 |
| &nbsp;&nbsp;&nbsp; California Health Facilities Financing Authority, <br> Refunding RB, Series A, 3.00%, 08/15/51<br>| 4395 | &nbsp;&nbsp; 3284620 |
| &nbsp;&nbsp;&nbsp; California Infrastructure & Economic Development <br> Bank, Refunding RB, Series A, Class B, AMT, <br> Sustainability Bonds, 9.50%, 01/01/65<sup>(a)(b)</sup><br>| 2170 | &nbsp;&nbsp; 1736000 |
| &nbsp;&nbsp;&nbsp; California Public Finance Authority, RB, Series A, <br> 6.38%, 06/01/59<sup>(b)</sup><br>| 2735 | &nbsp;&nbsp; 2570954 |
| &nbsp;&nbsp;&nbsp; Poway Unified School District, Refunding GO, 0.00%, <br> 08/01/46<sup>(c)</sup><br>| 10000 | &nbsp;&nbsp; 3947976 |
| &nbsp;&nbsp;&nbsp; San Diego County Regional Airport Authority, ARB, <br> Series B, AMT, Subordinate, 4.00%, 07/01/51<br>| 2880 | &nbsp;&nbsp; 2595809 |
|  |  | &nbsp;&nbsp; 18141759 |
| **Colorado — 1.2%** | **Colorado — 1.2%** |  |
| &nbsp;&nbsp;&nbsp; Centerra Metropolitan District No. 1, TA, 5.00%, <br> 12/01/47<sup>(b)</sup><br>| 1025 | &nbsp;&nbsp; 1016195 |
| &nbsp;&nbsp;&nbsp; City & County of Denver Colorado Airport System <br> Revenue, Refunding ARB, Series A, AMT, 5.00%, <br> 12/01/48<br>| 1800 | &nbsp;&nbsp; 1813490 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Colorado (continued)** | **Colorado (continued)** |  |
| &nbsp;&nbsp;&nbsp; Colorado Health Facilities Authority, RB, 5.50%, <br> 11/01/47<br>| 395 | &nbsp;&nbsp; $416311 |
| &nbsp;&nbsp;&nbsp; Denver Convention Center Hotel Authority, Refunding <br> RB, 5.00%, 12/01/40<br>| 2000 | &nbsp;&nbsp; 2007738 |
|  |  | &nbsp;&nbsp; 5253734 |
| **District of Columbia — 1.2%** | **District of Columbia — 1.2%** |  |
| &nbsp;&nbsp;&nbsp; Washington Metropolitan Area Transit Authority <br> Dedicated Revenue, RB, Series A, 2nd Lien, <br> Sustainability Bonds, 4.38%, 07/15/59<br>| 5195 | &nbsp;&nbsp; 5120242 |
| **Florida — 8.7%** | **Florida — 8.7%** |  |
| &nbsp;&nbsp;&nbsp; Celebration Pointe Community Development District <br> No. 1, SAB<sup>(d)(e)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/32 | 720 | &nbsp;&nbsp; 576000 |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/48 | 2160 | &nbsp;&nbsp; 1728000 |
| &nbsp;&nbsp;&nbsp; City of Fort Lauderdale Florida Water & Sewer <br> Revenue, RB, Series B, 5.50%, 09/01/53<br>| 3370 | &nbsp;&nbsp; 3655909 |
| &nbsp;&nbsp;&nbsp; Collier County Health Facilities Authority, RB, 4.00%, <br> 05/01/52<br>| 2115 | &nbsp;&nbsp; 1790896 |
| &nbsp;&nbsp;&nbsp; County of Broward Florida Tourist Development Tax <br> Revenue, Refunding RB, Convertible, 4.00%, <br> 09/01/51<br>| 3300 | &nbsp;&nbsp; 2941215 |
| &nbsp;&nbsp;&nbsp; County of Miami-Dade Seaport Department, Refunding <br> RB, Series A, AMT, 5.00%, 10/01/38<br>| 1800 | &nbsp;&nbsp; 1927755 |
| Florida Development Finance Corp., Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, (AGM), 5.00%, 07/01/44 | 3560 | &nbsp;&nbsp; 3544289 |
| &nbsp;&nbsp;&nbsp; AMT, (AGM), 5.25%, 07/01/47 | 800 | &nbsp;&nbsp; 795879 |
| Florida Housing Finance Corp., RB, S/F Housing |  |  |
| &nbsp;&nbsp;&nbsp; Series 5, (FHLMC, FNMA, GNMA), 5.00%, 07/01/50 | 2585 | &nbsp;&nbsp; 2633125 |
| &nbsp;&nbsp;&nbsp; Series 5, (FHLMC, FNMA, GNMA), 5.05%, 01/01/56 | 1665 | &nbsp;&nbsp; 1683407 |
| Lakewood Ranch Stewardship District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 05/01/27 | 100 | &nbsp;&nbsp; 100981 |
| &nbsp;&nbsp;&nbsp; 5.25%, 05/01/37 | 470 | &nbsp;&nbsp; 477580 |
| &nbsp;&nbsp;&nbsp; 5.38%, 05/01/47 | 770 | &nbsp;&nbsp; 774129 |
| &nbsp;&nbsp;&nbsp; 6.30%, 05/01/54 | 405 | &nbsp;&nbsp; 427332 |
| Lee County Industrial Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series B-2, 4.38%, 11/15/29 | 1020 | &nbsp;&nbsp; 1025260 |
| &nbsp;&nbsp;&nbsp; Series B-3, 4.13%, 11/15/29 | 1060 | &nbsp;&nbsp; 1065478 |
| &nbsp;&nbsp;&nbsp; Miami-Dade County Expressway Authority, Refunding <br> RB, Series A, (AGM), 5.00%, 07/01/35<br>| 8900 | &nbsp;&nbsp; 8907326 |
| &nbsp;&nbsp;&nbsp; Orange County Health Facilities Authority, RB, 4.00%, <br> 10/01/52<br>| 2000 | &nbsp;&nbsp; 1758721 |
| &nbsp;&nbsp;&nbsp; Sarasota County Health Facilities Authority, RB, 5.00%, <br> 05/15/48<br>| 605 | &nbsp;&nbsp; 569820 |
| &nbsp;&nbsp;&nbsp; University of Florida Department of Housing & <br> Residence Education Hsg Sys Rev, RB, Series A, <br> (BAM-TCRS), 3.00%, 07/01/51<br>| 1000 | &nbsp;&nbsp; 726591 |
|  |  | &nbsp;&nbsp; 37109693 |
| **Georgia — 2.9%** | **Georgia — 2.9%** |  |
| &nbsp;&nbsp;&nbsp; DeKalb County Housing Authority, Refunding RB, <br> 4.13%, 12/01/34<br>| 1820 | &nbsp;&nbsp; 1829809 |
| &nbsp;&nbsp;&nbsp; East Point Business & Industrial Development Authority, <br> RB, Series A, 5.25%, 06/15/62<sup>(b)</sup><br>| 375 | &nbsp;&nbsp; 246037 |
| &nbsp;&nbsp;&nbsp; Main Street Natural Gas, Inc., RB, Series A, 5.00%, <br> 06/01/53<sup>(a)</sup><br>| 4130 | &nbsp;&nbsp; 4378402 |
| &nbsp;&nbsp;&nbsp; Main Street Natural Gas, Inc., Refunding RB, <br> Series E-2, 4.56%, 12/01/53<sup>(a)</sup><br>| 5565 | &nbsp;&nbsp; 5763747 |
|  |  | &nbsp;&nbsp; 12217995 |
| **Illinois — 13.1%** | **Illinois — 13.1%** |  |
| Chicago Board of Education, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 6.25%, 12/01/50 | 1890 | &nbsp;&nbsp; 1975719 |

---

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**BlackRock MuniVest Fund, Inc. (MVF)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Illinois (continued)** | **Illinois (continued)** |  |
| Chicago Board of Education, GO (continued) |  |  |
| &nbsp;&nbsp;&nbsp; Series C, 5.25%, 12/01/35 | 945 | &nbsp;&nbsp; $944983 |
| &nbsp;&nbsp;&nbsp; Series D, 5.00%, 12/01/46 | 3570 | &nbsp;&nbsp; 3239349 |
| &nbsp;&nbsp;&nbsp; Series H, 5.00%, 12/01/36 | 865 | &nbsp;&nbsp; 860309 |
| Chicago Board of Education, Refunding GO |  |  |
| &nbsp;&nbsp;&nbsp; Series B, 12/01/43<sup>(f)</sup> | 550 | &nbsp;&nbsp; 573328 |
| &nbsp;&nbsp;&nbsp; Series G, 5.00%, 12/01/34 | 865 | &nbsp;&nbsp; 865021 |
| Chicago O'Hare International Airport, ARB |  |  |
| &nbsp;&nbsp;&nbsp; Class A, AMT, Senior Lien, 4.50%, 01/01/48 | 7000 | &nbsp;&nbsp; 6813660 |
| &nbsp;&nbsp;&nbsp; Class A, AMT, Senior Lien, 4.63%, 01/01/53 | 3300 | &nbsp;&nbsp; 3220919 |
| &nbsp;&nbsp;&nbsp; Class A, AMT, Senior Lien, (AGM), 5.50%, 01/01/53 | 6900 | &nbsp;&nbsp; 7168110 |
| &nbsp;&nbsp;&nbsp; Series B, Senior Lien, 4.50%, 01/01/56 | 4760 | &nbsp;&nbsp; 4575292 |
| Illinois Finance Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series C, 4.00%, 02/15/27<sup>(g)</sup> | 1495 | &nbsp;&nbsp; 1521121 |
| &nbsp;&nbsp;&nbsp; Series C, 4.00%, 02/15/41 | 5 | &nbsp;&nbsp; 4869 |
| &nbsp;&nbsp;&nbsp; Illinois Housing Development Authority, RB, S/F <br> Housing, Series G, Sustainability Bonds, (FHLMC, <br> FNMA, GNMA), 4.85%, 10/01/42<br>| 985 | &nbsp;&nbsp; 1022517 |
| Illinois State Toll Highway Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/40 | 8710 | &nbsp;&nbsp; 8717781 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/45 | 1000 | &nbsp;&nbsp; 1035100 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 01/01/46 | 1500 | &nbsp;&nbsp; 1389238 |
| &nbsp;&nbsp;&nbsp; Metropolitan Pier & Exposition Authority, RB, CAB, <br> (BAM-TCRS), 0.00%, 12/15/56<sup>(c)</sup><br>| 8755 | &nbsp;&nbsp; 1946222 |
| &nbsp;&nbsp;&nbsp; Metropolitan Pier & Exposition Authority, Refunding RB, <br> Series B, (AGM), 0.00%, 06/15/47<sup>(c)</sup><br>| 8000 | &nbsp;&nbsp; 2908202 |
| State of Illinois, GO, Series D, 5.00%, 11/01/27 | 6965 | &nbsp;&nbsp; 7244077 |
|  |  | &nbsp;&nbsp; 56025817 |
| **Indiana — 0.4%** | **Indiana — 0.4%** |  |
| Indiana Finance Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series C, 5.25%, 10/01/46 | 1160 | &nbsp;&nbsp; 1251494 |
| &nbsp;&nbsp;&nbsp; Series C, 5.25%, 10/01/47 | 400 | &nbsp;&nbsp; 430376 |
|  |  | &nbsp;&nbsp; 1681870 |
| **Iowa — 0.2%** | **Iowa — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Iowa Finance Authority, Refunding RB, Series A, 5.13%, <br> 05/15/59<br>| 850 | &nbsp;&nbsp; 796224 |
| **Kansas — 0.4%** | **Kansas — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; City of Lenexa Kansas, Refunding RB, Series A, 5.00%, <br> 05/15/43<br>| 1530 | &nbsp;&nbsp; 1507626 |
| **Kentucky — 0.5%** | **Kentucky — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; Kentucky Public Energy Authority, Refunding RB, <br> Series B, 5.00%, 01/01/55<sup>(a)</sup><br>| 1965 | &nbsp;&nbsp; 2134449 |
| **Maryland — 0.9%** | **Maryland — 0.9%** |  |
| &nbsp;&nbsp;&nbsp; City of Baltimore Maryland, Refunding RB, Series A, <br> 4.50%, 09/01/33<br>| 545 | &nbsp;&nbsp; 548335 |
| &nbsp;&nbsp;&nbsp; Maryland Community Development Administration, <br> Refunding RB, S/F Housing, Series C, Sustainability <br> Bonds, (FHLMC, FNMA, GNMA), 4.50%, 09/01/49<br>| 2155 | &nbsp;&nbsp; 2146617 |
| Maryland Stadium Authority, RB, 5.00%, 06/01/54 | 1050 | &nbsp;&nbsp; 1092394 |
|  |  | &nbsp;&nbsp; 3787346 |
| **Massachusetts — 1.1%** | **Massachusetts — 1.1%** |  |
| &nbsp;&nbsp;&nbsp; Commonwealth of Massachusetts, GOL, Series E, <br> 5.00%, 11/01/49<br>| 3790 | &nbsp;&nbsp; 3953850 |
| &nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency, RB, <br> Series A, 5.00%, 01/01/47<br>| 815 | &nbsp;&nbsp; 792915 |
|  |  | &nbsp;&nbsp; 4746765 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Michigan — 1.6%** | **Michigan — 1.6%** |  |
| &nbsp;&nbsp;&nbsp; Michigan Finance Authority, RB, Sustainability Bonds, <br> 5.50%, 02/28/57<br>| $1420 | &nbsp;&nbsp; $1488032 |
| Michigan Finance Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/01/46 | 1200 | &nbsp;&nbsp; 1064244 |
| &nbsp;&nbsp;&nbsp; 4.00%, 11/15/46 | 2640 | &nbsp;&nbsp; 2429593 |
| Michigan Strategic Fund, RB, AMT, 5.00%, 12/31/43 | 1775 | &nbsp;&nbsp; 1776924 |
|  |  | &nbsp;&nbsp; 6758793 |
| **Minnesota — 0.9%** | **Minnesota — 0.9%** |  |
| &nbsp;&nbsp;&nbsp; Housing & Redevelopment Authority of The City of St. <br> Paul Minnesota, RB, Series A, 5.50%, 07/01/52<sup>(b)</sup><br>| 695 | &nbsp;&nbsp; 655808 |
| &nbsp;&nbsp;&nbsp; Minnesota Housing Finance Agency, RB, S/F Housing, <br> Series M, Sustainability Bonds, (FHLMC, FNMA, <br> GNMA), 5.10%, 07/01/42<br>| 2880 | &nbsp;&nbsp; 3065936 |
|  |  | &nbsp;&nbsp; 3721744 |
| **Missouri — 0.7%** | **Missouri — 0.7%** |  |
| &nbsp;&nbsp;&nbsp; Health & Educational Facilities Authority of the State of <br> Missouri, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 04/01/45 | 2625 | &nbsp;&nbsp; 2465497 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 02/01/54 | 665 | &nbsp;&nbsp; 659619 |
|  |  | &nbsp;&nbsp; 3125116 |
| **Montana — 0.1%** | **Montana — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Montana Board of Housing, RB, S/F Housing, <br> Series B-2, 3.60%, 12/01/47<br>| 305 | &nbsp;&nbsp; 270054 |
| **Nebraska — 0.3%** | **Nebraska — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; Nebraska Investment Finance Authority, RB, S/F <br> Housing, Series G, Sustainability Bonds, (FHLMC, <br> FNMA, GNMA), 4.70%, 09/01/51<br>| 1450 | &nbsp;&nbsp; 1453836 |
| **New Hampshire — 3.1%** | **New Hampshire — 3.1%** |  |
| &nbsp;&nbsp;&nbsp; National Finance Authority Affordable Housing <br> Certificates, RB, Series 2024-1, Class A, 4.15%, <br> 10/20/40<br>| 4635 | &nbsp;&nbsp; 4624325 |
| New Hampshire Business Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series 2025-1, Class A1, 4.09%, 01/20/41<sup>(a)</sup> | 677 | &nbsp;&nbsp; 674022 |
| &nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, 5.50%, 06/01/55 | 4130 | &nbsp;&nbsp; 4344633 |
| &nbsp;&nbsp;&nbsp; New Hampshire Business Finance Authority, RB, M/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; 1st Series, Class B, 5.75%, 04/28/42 | 1015 | &nbsp;&nbsp; 1059619 |
| &nbsp;&nbsp;&nbsp; Series 2025, Subordinate, 5.15%, 09/28/37 | 1545 | &nbsp;&nbsp; 1562803 |
| &nbsp;&nbsp;&nbsp; Series 2, Sustainability Bonds, 4.25%, 07/20/41 | 1099 | &nbsp;&nbsp; 1096016 |
|  |  | &nbsp;&nbsp; 13361418 |
| **New Jersey — 7.6%** | **New Jersey — 7.6%** |  |
| &nbsp;&nbsp;&nbsp; New Jersey Economic Development Authority, ARB, <br> Series A, AMT, 5.63%, 11/15/30<br>| 1530 | &nbsp;&nbsp; 1530009 |
| New Jersey Economic Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.13%, 01/01/34 | 1050 | &nbsp;&nbsp; 1051788 |
| &nbsp;&nbsp;&nbsp; AMT, 5.38%, 01/01/43 | 10000 | &nbsp;&nbsp; 10008947 |
| &nbsp;&nbsp;&nbsp; New Jersey Health Care Facilities Financing Authority, <br> RB, 4.00%, 07/01/51<br>| 2500 | &nbsp;&nbsp; 2304281 |
| &nbsp;&nbsp;&nbsp; New Jersey Higher Education Student Assistance <br> Authority, RB, Series B, AMT, 4.25%, 12/01/45<br>| 470 | &nbsp;&nbsp; 467292 |
| &nbsp;&nbsp;&nbsp; New Jersey Higher Education Student Assistance <br> Authority, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 4.00%, 12/01/41 | 1600 | &nbsp;&nbsp; 1589224 |
| &nbsp;&nbsp;&nbsp; Series C, AMT, Subordinate, 5.00%, 12/01/52 | 2615 | &nbsp;&nbsp; 2594425 |
| &nbsp;&nbsp;&nbsp; New Jersey Housing & Mortgage Finance Agency, RB, <br> S/F Housing, Series M, Sustainability Bonds, 5.10%, <br> 10/01/50<br>| 2245 | &nbsp;&nbsp; 2314733 |
| &nbsp;&nbsp;&nbsp; New Jersey Transportation Trust Fund Authority, RB, <br> Series AA, 5.25%, 06/15/41<br>| 780 | &nbsp;&nbsp; 780586 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**BlackRock MuniVest Fund, Inc. (MVF)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **New Jersey (continued)** | **New Jersey (continued)** |  |
| &nbsp;&nbsp;&nbsp; New Jersey Transportation Trust Fund Authority, RB, <br> CAB, Series A, 0.00%, 12/15/38<sup>(c)</sup><br>| 7260 | &nbsp;&nbsp; $4392161 |
| &nbsp;&nbsp;&nbsp; New Jersey Turnpike Authority, RB, Series A, 5.25%, <br> 01/01/55<br>| 1960 | &nbsp;&nbsp; 2107663 |
| Tobacco Settlement Financing Corp., Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/46 | 3000 | &nbsp;&nbsp; 2967682 |
| &nbsp;&nbsp;&nbsp; Sub-Series B, 5.00%, 06/01/46 | 450 | &nbsp;&nbsp; 438137 |
|  |  | &nbsp;&nbsp; 32546928 |
| **New York — 10.7%** | **New York — 10.7%** |  |
| &nbsp;&nbsp;&nbsp; Build NYC Resource Corp., Refunding RB, AMT, <br> 5.00%, 01/01/35<sup>(b)</sup><br>| 2060 | &nbsp;&nbsp; 2061864 |
| City of New York, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series D, 4.00%, 04/01/50 | 2525 | &nbsp;&nbsp; 2330947 |
| &nbsp;&nbsp;&nbsp; Series G-1, 5.25%, 02/01/53 | 370 | &nbsp;&nbsp; 394283 |
| &nbsp;&nbsp;&nbsp; Erie Tobacco Asset Securitization Corp., Refunding RB, <br> Series A, 5.00%, 06/01/45<br>| 4435 | &nbsp;&nbsp; 3662787 |
| &nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future Tax <br> Secured Revenue, RB, Series A-1, Subordinate, <br> 5.25%, 05/01/52<br>| 1460 | &nbsp;&nbsp; 1561660 |
| New York Counties Tobacco Trust IV, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/38 | 3500 | &nbsp;&nbsp; 3257590 |
| &nbsp;&nbsp;&nbsp; Series A, 6.25%, 06/01/41<sup>(b)</sup> | 3045 | &nbsp;&nbsp; 2930025 |
| New York Liberty Development Corp., Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Class 2, 5.38%, 11/15/40<sup>(b)</sup> | 1145 | &nbsp;&nbsp; 1145211 |
| &nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, 3.00%, 11/15/51 | 415 | &nbsp;&nbsp; 299885 |
| &nbsp;&nbsp;&nbsp; New York State Thruway Authority, RB, Sustainability <br> Bonds, 4.13%, 03/15/56<br>| 3325 | &nbsp;&nbsp; 3118518 |
| &nbsp;&nbsp;&nbsp; New York Transportation Development Corp., ARB, <br> AMT, 5.63%, 04/01/40<br>| 905 | &nbsp;&nbsp; 950290 |
| New York Transportation Development Corp., RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 06/30/60 | 9950 | &nbsp;&nbsp; 10148999 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 10/01/35 | 1975 | &nbsp;&nbsp; 2065995 |
| &nbsp;&nbsp;&nbsp; AMT, 4.00%, 04/30/53 | 1175 | &nbsp;&nbsp; 1004352 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, (AGM), 5.25%, 06/30/60 | 4080 | &nbsp;&nbsp; 4153365 |
| &nbsp;&nbsp;&nbsp; Triborough Bridge & Tunnel Authority Sales Tax <br> Revenue, RB, Series A, 4.13%, 05/15/53<br>| 2770 | &nbsp;&nbsp; 2628893 |
| TSASC, Inc., Refunding RB, Series A, 5.00%, 06/01/41 | 1785 | &nbsp;&nbsp; 1789971 |
| &nbsp;&nbsp;&nbsp; Westchester Tobacco Asset Securitization Corp., <br> Refunding RB, Sub-Series C, 5.13%, 06/01/51<br>| 2740 | &nbsp;&nbsp; 2314639 |
|  |  | &nbsp;&nbsp; 45819274 |
| **North Dakota — 0.4%** | **North Dakota — 0.4%** |  |
| City of Grand Forks North Dakota, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, (AGM), 5.00%, 12/01/48 | 640 | &nbsp;&nbsp; 658648 |
| &nbsp;&nbsp;&nbsp; Series A, (AGM), 5.00%, 12/01/53 | 1125 | &nbsp;&nbsp; 1150178 |
|  |  | &nbsp;&nbsp; 1808826 |
| **Ohio — 1.6%** | **Ohio — 1.6%** |  |
| &nbsp;&nbsp;&nbsp; Buckeye Tobacco Settlement Financing Authority, <br> Refunding RB, Series B-2, Class 2, 5.00%, 06/01/55<br>| 3605 | &nbsp;&nbsp; 3021131 |
| &nbsp;&nbsp;&nbsp; State of Ohio, Refunding RB, Series A, (BAM-TCRS), <br> 4.00%, 01/15/50<br>| 4420 | &nbsp;&nbsp; 3889561 |
|  |  | &nbsp;&nbsp; 6910692 |
| **Oklahoma — 1.6%** | **Oklahoma — 1.6%** |  |
| &nbsp;&nbsp;&nbsp; Oklahoma Development Finance Authority, RB, <br> Series B, 5.50%, 08/15/52<br>| 1625 | &nbsp;&nbsp; 1631345 |
| Oklahoma Turnpike Authority, RB, 5.50%, 01/01/53 | 4070 | &nbsp;&nbsp; 4340601 |
| &nbsp;&nbsp;&nbsp; Tulsa Municipal Airport Trust Trustees, Refunding ARB, <br> AMT, 6.25%, 12/01/35<br>| 885 | &nbsp;&nbsp; 1020581 |
|  |  | &nbsp;&nbsp; 6992527 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Pennsylvania — 13.3%** | **Pennsylvania — 13.3%** |  |
| &nbsp;&nbsp;&nbsp; Allegheny County Airport Authority, ARB, Series A, AMT, <br> (AGM), 5.50%, 01/01/53<br>| $1330 | &nbsp;&nbsp; $1396189 |
| &nbsp;&nbsp;&nbsp; Allentown Neighborhood Improvement Zone <br> Development Authority, RB, 5.00%, 05/01/42<sup>(b)</sup><br>| 4120 | &nbsp;&nbsp; 4207819 |
| &nbsp;&nbsp;&nbsp; City of Philadelphia Pennsylvania Water & Wastewater <br> Revenue, RB, Series C, (AGM), 5.25%, 09/01/54<br>| 5540 | &nbsp;&nbsp; 5927642 |
| &nbsp;&nbsp;&nbsp; City of Philadelphia Pennsylvania Water & Wastewater <br> Revenue, Refunding RB, Series B, (AGM), 4.50%, <br> 09/01/48<br>| 2785 | &nbsp;&nbsp; 2814612 |
| Geisinger Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 04/01/50 | 5000 | &nbsp;&nbsp; 4518730 |
| &nbsp;&nbsp;&nbsp; Series A-1, 4.00%, 02/15/47 | 5670 | &nbsp;&nbsp; 5183097 |
| &nbsp;&nbsp;&nbsp; Lancaster Industrial Development Authority, RB, 5.00%, <br> 12/01/44<br>| 1000 | &nbsp;&nbsp; 991791 |
| &nbsp;&nbsp;&nbsp; Montgomery County Higher Education and Health <br> Authority, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/01/51 | 4000 | &nbsp;&nbsp; 3534005 |
| &nbsp;&nbsp;&nbsp; Class B, 5.00%, 05/01/57 | 5000 | &nbsp;&nbsp; 5034759 |
| &nbsp;&nbsp;&nbsp; Series B, (BAM-TCRS), 4.00%, 05/01/52 | 4585 | &nbsp;&nbsp; 4048276 |
| &nbsp;&nbsp;&nbsp; Montgomery County Industrial Development Authority, <br> RB, Series C, 5.00%, 11/15/45<br>| 1095 | &nbsp;&nbsp; 1095416 |
| &nbsp;&nbsp;&nbsp; Montgomery County Industrial Development Authority, <br> Refunding RB, 5.25%, 01/01/40<br>| 4170 | &nbsp;&nbsp; 4170010 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Economic Development Financing <br> Authority, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/30/42 | 2565 | &nbsp;&nbsp; 2571290 |
| &nbsp;&nbsp;&nbsp; AMT, 5.50%, 06/30/43 | 985 | &nbsp;&nbsp; 1028266 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Housing Finance Agency, RB, S/F <br> Housing, Series 143A, Sustainability Bonds, 5.45%, <br> 04/01/51<br>| 6555 | &nbsp;&nbsp; 6871350 |
| &nbsp;&nbsp;&nbsp; Philadelphia Authority for Industrial Development, RB, <br> 5.25%, 11/01/52<br>| 2440 | &nbsp;&nbsp; 2524070 |
| &nbsp;&nbsp;&nbsp; School District of Philadelphia, GOL, Series A, (SAW), <br> 5.50%, 09/01/48<br>| 710 | &nbsp;&nbsp; 757041 |
|  |  | &nbsp;&nbsp; 56674363 |
| **Puerto Rico — 5.0%** | **Puerto Rico — 5.0%** |  |
| &nbsp;&nbsp;&nbsp; Puerto Rico Sales Tax Financing Corp. Sales Tax <br> Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 4.75%, 07/01/53 | 2038 | &nbsp;&nbsp; 1926933 |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 5.00%, 07/01/58 | 11530 | &nbsp;&nbsp; 11198405 |
| &nbsp;&nbsp;&nbsp; Series A-2, Restructured, 4.78%, 07/01/58 | 3133 | &nbsp;&nbsp; 2946262 |
| &nbsp;&nbsp;&nbsp; Series A-2, Restructured, 4.33%, 07/01/40 | 3729 | &nbsp;&nbsp; 3615246 |
| &nbsp;&nbsp;&nbsp; Puerto Rico Sales Tax Financing Corp. Sales Tax <br> Revenue, RB, CAB, Series A-1, Restructured, <br> 0.00%, 07/01/46<sup>(c)</sup><br>| 5265 | &nbsp;&nbsp; 1832391 |
|  |  | &nbsp;&nbsp; 21519237 |
| **South Carolina — 1.8%** | **South Carolina — 1.8%** |  |
| &nbsp;&nbsp;&nbsp; Patriots Energy Group Financing Agency, RB, <br> Series A1, 5.25%, 10/01/54<sup>(a)</sup><br>| 3235 | &nbsp;&nbsp; 3529025 |
| &nbsp;&nbsp;&nbsp; South Carolina Public Service Authority, Refunding RB, <br> Series B, 5.00%, 12/01/46<br>| 3810 | &nbsp;&nbsp; 3969131 |
|  |  | &nbsp;&nbsp; 7498156 |
| **Tennessee — 1.9%** | **Tennessee — 1.9%** |  |
| &nbsp;&nbsp;&nbsp; Metropolitan Government Nashville & Davidson County <br> Health & Educational Fcilities Board, Refunding RB, <br> 4.00%, 10/01/54<br>| 5365 | &nbsp;&nbsp; 4979987 |

---

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**BlackRock MuniVest Fund, Inc. (MVF)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Tennessee (continued)** | **Tennessee (continued)** |  |
| &nbsp;&nbsp;&nbsp; Metropolitan Government Nashville & Davidson County <br> Sports Authority, RB, Series A, Senior Lien, (AGM), <br> 5.25%, 07/01/48<br>| 2010 | &nbsp;&nbsp; $2125945 |
| &nbsp;&nbsp;&nbsp; Metropolitan Government of Nashville & Davidson <br> County TN Water & Sewer Revenue, Refunding RB, <br> 5.25%, 07/01/55<br>| 1125 | &nbsp;&nbsp; 1198390 |
|  |  | &nbsp;&nbsp; 8304322 |
| **Texas — 11.0%** | **Texas — 11.0%** |  |
| &nbsp;&nbsp;&nbsp; Alamo Heights Independent School District, GO, (PSF), <br> 4.00%, 02/01/51<br>| 2415 | &nbsp;&nbsp; 2265388 |
| Arlington Higher Education Finance Corp., RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 7.50%, 04/01/62 | 790 | &nbsp;&nbsp; 395000 |
| &nbsp;&nbsp;&nbsp; 7.88%, 11/01/62 | 685 | &nbsp;&nbsp; 411000 |
| &nbsp;&nbsp;&nbsp; Aubrey Independent School District, GO, (PSF), 4.00%, <br> 02/15/52<br>| 1500 | &nbsp;&nbsp; 1404814 |
| &nbsp;&nbsp;&nbsp; City of Austin Texas Airport System Revenue, ARB, <br> AMT, 5.00%, 11/15/34<br>| 2080 | &nbsp;&nbsp; 2081967 |
| &nbsp;&nbsp;&nbsp; City of Austin Texas Water & Wastewater System <br> Revenue, Refunding RB, 5.00%, 11/15/53<br>| 1170 | &nbsp;&nbsp; 1233718 |
| &nbsp;&nbsp;&nbsp; City of Houston Texas Airport System Revenue, ARB, <br> Series B, AMT, 5.50%, 07/15/39<br>| 600 | &nbsp;&nbsp; 646744 |
| &nbsp;&nbsp;&nbsp; City of Houston Texas Airport System Revenue, <br> Refunding ARB, Series A, AMT, Subordinate Lien, <br> 5.50%, 07/01/55<br>| 2615 | &nbsp;&nbsp; 2789835 |
| &nbsp;&nbsp;&nbsp; City of Houston Texas Airport System Revenue, <br> Refunding RB, AMT, 5.00%, 07/01/29<br>| 1750 | &nbsp;&nbsp; 1750011 |
| &nbsp;&nbsp;&nbsp; Conroe Independent School District, GO, (PSF), 4.00%, <br> 02/15/50<br>| 2000 | &nbsp;&nbsp; 1873814 |
| County of Harris Texas, GOL, 4.00%, 09/15/49 | 3480 | &nbsp;&nbsp; 3308965 |
| &nbsp;&nbsp;&nbsp; Dallas Independent School District, Refunding GO, <br> (PSF), 4.00%, 02/15/53<br>| 1600 | &nbsp;&nbsp; 1494035 |
| &nbsp;&nbsp;&nbsp; Del Valle Independent School District Texas, GO, <br> (PSF), 4.00%, 06/15/47<br>| 2795 | &nbsp;&nbsp; 2672682 |
| &nbsp;&nbsp;&nbsp; Eagle Mountain & Saginaw Independent School District, <br> GO, (PSF), 4.00%, 08/15/54<br>| 850 | &nbsp;&nbsp; 787604 |
| &nbsp;&nbsp;&nbsp; EP Royal Estates PFC, RB, M/F Housing, 4.25%, <br> 10/01/39<br>| 665 | &nbsp;&nbsp; 669619 |
| &nbsp;&nbsp;&nbsp; Northwest Independent School District, GO, (PSF), <br> 5.25%, 02/15/55<br>| 1245 | &nbsp;&nbsp; 1330078 |
| &nbsp;&nbsp;&nbsp; Tarrant County Cultural Education Facilities Finance <br> Corp., RB, 5.00%, 11/15/51<br>| 3070 | &nbsp;&nbsp; 3164341 |
| &nbsp;&nbsp;&nbsp; Tarrant County Cultural Education Facilities Finance <br> Corp., Refunding RB, 5.00%, 11/15/40<br>| 3250 | &nbsp;&nbsp; 3250339 |
| &nbsp;&nbsp;&nbsp; Texas Municipal Gas Acquisition & Supply Corp. III, <br> Refunding RB, 5.00%, 12/15/32<br>| 5740 | &nbsp;&nbsp; 6267460 |
| &nbsp;&nbsp;&nbsp; Waller Consolidated Independent School District, GO, <br> Series A, (PSF), 4.00%, 02/15/53<br>| 3300 | &nbsp;&nbsp; 3091391 |
| &nbsp;&nbsp;&nbsp; Ysleta Independent School District, GO, (PSF), 4.25%, <br> 08/15/56<br>| 6420 | &nbsp;&nbsp; 6188192 |
|  |  | &nbsp;&nbsp; 47076997 |
| **Utah — 1.1%** | **Utah — 1.1%** |  |
| &nbsp;&nbsp;&nbsp; Black Desert Public Infrastructure District, SAB, 5.63%, <br> 12/01/53<sup>(b)</sup><br>| 270 | &nbsp;&nbsp; 272736 |
| County of Utah, RB, Series B, 4.00%, 05/15/47 | 2650 | &nbsp;&nbsp; 2484642 |
| &nbsp;&nbsp;&nbsp; Downtown Revitalization Public Infrastructure District, <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 1st Lien, (AGM), 5.50%, 06/01/55 | 1175 | &nbsp;&nbsp; 1265702 |
| &nbsp;&nbsp;&nbsp; Series B, 2nd Lien, (AGM), 5.50%, 06/01/55 | 415 | &nbsp;&nbsp; 446700 |
|  |  | &nbsp;&nbsp; 4469780 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Virginia — 2.3%** | **Virginia — 2.3%** |  |
| &nbsp;&nbsp;&nbsp; Ballston Quarter Community Development Authority, <br> TA, Series A-1, 5.50%, 03/01/46<br>| $724 | &nbsp;&nbsp; $723060 |
| &nbsp;&nbsp;&nbsp; Ballston Quarter Community Development Authority, <br> TA, CAB, Series A-2, 7.13%, 03/01/59<sup>(h)</sup><br>| 1739 | &nbsp;&nbsp; 1534349 |
| &nbsp;&nbsp;&nbsp; Tobacco Settlement Financing Corp., Refunding RB, <br> Series B-1, 5.00%, 06/01/47<br>| 3290 | &nbsp;&nbsp; 2757036 |
| Virginia Small Business Financing Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 12/31/52 | 2420 | &nbsp;&nbsp; 2380233 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 12/31/56 | 2555 | &nbsp;&nbsp; 2487211 |
|  |  | &nbsp;&nbsp; 9881889 |
| **Washington — 2.3%** | **Washington — 2.3%** |  |
| &nbsp;&nbsp;&nbsp; County of King Washington Sewer Revenue, Refunding <br> RB, Series A, Junior Lien, 3.45%, 01/01/40<sup>(a)</sup><br>| 1325 | &nbsp;&nbsp; 1312412 |
| &nbsp;&nbsp;&nbsp; Washington Health Care Facilities Authority, Refunding <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/01/50 | 2000 | &nbsp;&nbsp; 1812790 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 08/01/44 | 1750 | &nbsp;&nbsp; 1773574 |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 09/01/55 | 335 | &nbsp;&nbsp; 355773 |
| &nbsp;&nbsp;&nbsp; Washington State Housing Finance Commission, RB, <br> M/F Housing<sup>(a)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, 0.00%, 11/20/41 | 2032 | &nbsp;&nbsp; 1955184 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 2, Class 1, Sustainability Bonds, 4.08%, <br> 03/01/50<br>| 1768 | &nbsp;&nbsp; 1729481 |
| &nbsp;&nbsp;&nbsp; Washington State Housing Finance Commission, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/43 | 425 | &nbsp;&nbsp; 430399 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/48 | 400 | &nbsp;&nbsp; 397591 |
|  |  | &nbsp;&nbsp; 9767204 |
| **Wisconsin — 2.7%** | **Wisconsin — 2.7%** |  |
| Public Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/36<sup>(b)</sup> | 200 | &nbsp;&nbsp; 184759 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/51<sup>(b)</sup> | 680 | &nbsp;&nbsp; 520599 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/61<sup>(b)</sup> | 870 | &nbsp;&nbsp; 640610 |
| &nbsp;&nbsp;&nbsp; AMT, 5.75%, 06/30/60 | 205 | &nbsp;&nbsp; 211701 |
| &nbsp;&nbsp;&nbsp; AMT, 5.75%, 12/31/65 | 6470 | &nbsp;&nbsp; 6701273 |
| &nbsp;&nbsp;&nbsp; AMT, 6.50%, 12/31/65 | 1360 | &nbsp;&nbsp; 1493672 |
| Public Finance Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 11/15/55 | 925 | &nbsp;&nbsp; 937449 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 5.00%, 07/01/42 | 1000 | &nbsp;&nbsp; 1000180 |
|  |  | &nbsp;&nbsp; 11690243 |
| **Wyoming — 0.5%** | **Wyoming — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; University of Wyoming, RB, Series C, (AGM), 4.00%, <br> 06/01/51<br>| 1690 | &nbsp;&nbsp; 1561311 |
| &nbsp;&nbsp;&nbsp; Wyoming Community Development Authority, <br> Refunding RB, S/F Housing, Series 1, 4.40%, <br> 12/01/43<br>| 500 | &nbsp;&nbsp; 506326 |
|  |  | &nbsp;&nbsp; 2067637 |
| **Total Municipal Bonds — 114.0%** <br>**(Cost: $478,586,463)** | **Total Municipal Bonds — 114.0%** <br>**(Cost: $478,586,463)** | &nbsp;&nbsp; 486838171 |
| **Municipal Bonds Transferred to Tender Option Bond Trusts**<sup>(i)</sup> | **Municipal Bonds Transferred to Tender Option Bond Trusts**<sup>(i)</sup> | **Municipal Bonds Transferred to Tender Option Bond Trusts**<sup>(i)</sup> |
| **Colorado — 2.2%** | **Colorado — 2.2%** |  |
| &nbsp;&nbsp;&nbsp; City & County of Denver Colorado Airport System <br> Revenue, Refunding ARB, Series A, AMT, 4.13%, <br> 11/15/47<br>| 10300 | &nbsp;&nbsp; 9534711 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**BlackRock MuniVest Fund, Inc. (MVF)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **District of Columbia — 5.0%** | **District of Columbia — 5.0%** |  |
| &nbsp;&nbsp;&nbsp; Metropolitan Washington Airports Authority Aviation <br> Revenue, Refunding ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 10/01/50 | $12097 | &nbsp;&nbsp; $12474986 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.50%, 10/01/55 | 8340 | &nbsp;&nbsp; 8984818 |
|  |  | &nbsp;&nbsp; 21459804 |
| **Florida — 2.4%** | **Florida — 2.4%** |  |
| &nbsp;&nbsp;&nbsp; JEA Water & Sewer System Revenue, Refunding RB, <br> Series A, 5.25%, 10/01/49<br>| 9830 | &nbsp;&nbsp; 10469783 |
| **Massachusetts — 5.6%** | **Massachusetts — 5.6%** |  |
| &nbsp;&nbsp;&nbsp; Commonwealth of Massachusetts, GO, Series 2024, <br> 5.00%, 12/01/51<br>| 16200 | &nbsp;&nbsp; 17054124 |
| &nbsp;&nbsp;&nbsp; Commonwealth of Massachusetts, GOL, Series A, <br> 5.00%, 04/01/55<br>| 6620 | &nbsp;&nbsp; 6963855 |
|  |  | &nbsp;&nbsp; 24017979 |
| **Minnesota — 2.0%** | **Minnesota — 2.0%** |  |
| &nbsp;&nbsp;&nbsp; Minneapolis-St. Paul Metropolitan Airports Commission, <br> ARB, AMT, 5.25%, 01/01/49<br>| 8110 | &nbsp;&nbsp; 8492893 |
| **Missouri — 2.1%** | **Missouri — 2.1%** |  |
| &nbsp;&nbsp;&nbsp; Health & Educational Facilities Authority of the State of <br> Missouri, RB, 4.00%, 06/01/53<sup>(j)</sup><br>| 10000 | &nbsp;&nbsp; 8811516 |
| **New Jersey — 1.8%** | **New Jersey — 1.8%** |  |
| &nbsp;&nbsp;&nbsp; New Jersey Transportation Trust Fund Authority, RB, <br> Series AA, 5.00%, 06/15/55<br>| 7380 | &nbsp;&nbsp; 7649706 |
| **New York — 17.1%** | **New York — 17.1%** |  |
| &nbsp;&nbsp;&nbsp; New York City Municipal Water Finance Authority, RB, <br> Series AA, Subordinate, 5.00%, 06/15/51<sup>(j)</sup><br>| 6135 | &nbsp;&nbsp; 6445644 |
| New York City Ny Hsg Dev Corp, 5.00%, 11/01/55 | 4200 | &nbsp;&nbsp; 4261484 |
| &nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future Tax <br> Secured Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, 5.25%, 05/01/55 | 7173 | &nbsp;&nbsp; 7654411 |
| &nbsp;&nbsp;&nbsp; Series H-1, Subordinate, 5.00%, 11/01/50 | 6060 | &nbsp;&nbsp; 6333967 |
| &nbsp;&nbsp;&nbsp; New York Power Authority, RB, Series A, Sustainability <br> Bonds, (AGM), 5.13%, 11/15/63<br>| 6627 | &nbsp;&nbsp; 6951149 |
| &nbsp;&nbsp;&nbsp; New York Transportation Development Corp., RB, AMT, <br> Sustainability Bonds, (AGM), 5.13%, 06/30/60<br>| 10000 | &nbsp;&nbsp; 10048629 |
| &nbsp;&nbsp;&nbsp; Triborough Bridge & Tunnel Authority Sales Tax <br> Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.13%, 05/15/53 | 10572 | &nbsp;&nbsp; 10033226 |
| &nbsp;&nbsp;&nbsp; Series A, 4.50%, 05/15/63 | 16736 | &nbsp;&nbsp; 16580857 |
| &nbsp;&nbsp;&nbsp; Series A-1, 4.13%, 05/15/64 | 5150 | &nbsp;&nbsp; 4726023 |
|  |  | &nbsp;&nbsp; 73035390 |
| **Oregon — 2.8%** | **Oregon — 2.8%** |  |
| &nbsp;&nbsp;&nbsp; Port of Portland Oregon Airport Revenue, Refunding <br> ARB, Series 30A, AMT, Sustainability Bonds, 5.25%, <br> 07/01/45<br>| 10560 | &nbsp;&nbsp; 11146069 |
| &nbsp;&nbsp;&nbsp; State of Oregon Housing & Community Services <br> Department, RB, M/F Housing, Series A, 4.95%, <br> 07/01/30<br>| 600 | &nbsp;&nbsp; 605546 |
|  |  | &nbsp;&nbsp; 11751615 |
| **Pennsylvania — 4.5%** | **Pennsylvania — 4.5%** |  |
| &nbsp;&nbsp;&nbsp; Pennsylvania Housing Finance Agency, RB, S/F <br> Housing, Series 143A, Sustainability Bonds, 5.38%, <br> 10/01/46<br>| 8052 | &nbsp;&nbsp; 8441689 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Turnpike Commission, Refunding RB, <br> Series B, 5.25%, 12/01/52<br>| 10005 | &nbsp;&nbsp; 10598370 |
|  |  | &nbsp;&nbsp; 19040059 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **South Carolina — 5.1%** | **South Carolina — 5.1%** |  |
| &nbsp;&nbsp;&nbsp; Patriots Energy Group Financing Agency, Refunding <br> RB, Series B-1, 5.25%, 02/01/54<sup>(a)</sup><br>| $19995 | &nbsp;&nbsp; $21746973 |
| **Texas — 2.1%** | **Texas — 2.1%** |  |
| &nbsp;&nbsp;&nbsp; Harris County Health Facilities Development Corp., <br> Refunding RB, Series B, 5.75%, 07/01/27<br>| 8925 | &nbsp;&nbsp; 9172467 |
| **Total Municipal Bonds Transferred to Tender Option Bond** <br>**Trusts — 52.7%** <br>**(Cost: $219,681,054)** | **Total Municipal Bonds Transferred to Tender Option Bond** <br>**Trusts — 52.7%** <br>**(Cost: $219,681,054)** | &nbsp;&nbsp; 225182896 |
| **Total Long-Term Investments — 166.7%** <br>**(Cost: $698,267,517)** | **Total Long-Term Investments — 166.7%** <br>**(Cost: $698,267,517)** | &nbsp;&nbsp; 712021067 |

---

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

---

| | | |
|:---|:---|:---|
|  | <br>*Shares*<br>|  |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 2.9%** | **Money Market Funds — 2.9%** |  |
| &nbsp;&nbsp;&nbsp; BlackRock Liquidity Funds, MuniCash, Institutional <br> Shares, 3.01%<sup>(k)(l)</sup><br>| 12081056 | &nbsp;&nbsp; 12082264 |
| **Total Short-Term Securities — 2.9%** <br>**(Cost: $12,082,264)** | **Total Short-Term Securities — 2.9%** <br>**(Cost: $12,082,264)** | &nbsp;&nbsp; 12082264 |
| **Total Investments — 169.6%** <br>**(Cost: $710,349,781)** | **Total Investments — 169.6%** <br>**(Cost: $710,349,781)** | &nbsp;&nbsp; 724103331 |
| **Other Assets Less Liabilities — 2.0%** | **Other Assets Less Liabilities — 2.0%** | &nbsp;&nbsp; 8400482 |
| **Liability for TOB Trust Certificates, Including Interest Expense and** <br> **Fees Payable — (35.6)%** | **Liability for TOB Trust Certificates, Including Interest Expense and** <br> **Fees Payable — (35.6)%** | &nbsp;&nbsp; (151838739)<br>|
| **VMTP Shares at Liquidation Value, Net of Deferred Offering Costs —** <br> **(36.0)%** | **VMTP Shares at Liquidation Value, Net of Deferred Offering Costs —** <br> **(36.0)%** | &nbsp;&nbsp; (153600000)<br>|
| **Net Assets Applicable to Common Shares — 100.0%** | **Net Assets Applicable to Common Shares — 100.0%** | &nbsp;&nbsp; $427065074 |

---

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

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

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

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

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

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

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

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

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

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

<sup>(j)</sup> All or a portion of the security is subject to a recourse agreement. The aggregate maximum potential amount the Fund could ultimately be required to pay under the agreements, which expire between December 15, 2032 to June 1, 2046, is $9,963,489. 

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

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

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**BlackRock MuniVest Fund, Inc. (MVF)** 

**Affiliates**

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

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at* <br>*07/31/25*<br>| *Proceeds* <br>*from Sales*<br>| *Net* <br>*Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*10/31/25*<br>| *Shares* <br>*Held at* <br>*10/31/25*<br>| *Income* | *Capital Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| BlackRock Liquidity Funds, MuniCash, Institutional Shares | $7829086<br> $4253178 <br><sup>(a)</sup><br>| &nbsp;&nbsp; $— | $— | $— | $12082264 | 12081056 | $36047 | $— |

---

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

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

**Fair Value Hierarchy as of Period End**

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

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

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

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

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

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; $486838171 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $486838171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds Transferred to Tender Option Bond Trusts | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 225182896 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 225182896 |
| &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; 12082264 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 12082264 |
|  | &nbsp;&nbsp; $12082264 | &nbsp;&nbsp;&nbsp;&nbsp; $712021067 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $724103331 |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Liabilities |  |  |  |  |
| &nbsp;&nbsp;&nbsp; TOB Trust Certificates | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(151126558)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(151126558)<br>|
| &nbsp;&nbsp;&nbsp; VMTP Shares at Liquidation Value | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (153600000)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (153600000)<br>|
|  | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(304726558)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(304726558)<br>|

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**BlackRock MuniVest Fund, Inc. (MVF)** 

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

---

| | |
|:---|:---|
| **Portfolio Abbreviation**  | **Portfolio Abbreviation**  |
| AGM | Assured Guaranty Municipal Corp. |
| AMT | Alternative Minimum Tax |
| ARB | Airport Revenue Bonds  |
| BAM-TCRS | &nbsp;&nbsp;&nbsp; Build America Mutual Assurance Co. - Transferable <br> Custodial Receipts<br>|
| CAB | Capital Appreciation Bonds |
| FHLMC | Federal Home Loan Mortgage Corp. |
| FNMA | Federal National Mortgage Association |
| GNMA | Government National Mortgage Association |
| GO | General Obligation Bonds |
| GOL | General Obligation Ltd. |
| M/F | Multi-Family |
| PSF | Permanent School Fund |
| RB | Revenue Bonds |
| S/F | Single-Family |
| SAB | Special Assessment Bonds |
| SAW | State Aid Withholding |
| TA | Tax Allocation |

---

------

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** BlackRock MuniVest Fund, Inc.

- **b. Investment Company Act file number:** 811-05611

- **c. CIK number of Registrant:** 0000835948

- **d. LEI of Registrant:** 68LQJ5NLUNQI2T9OLL41

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

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

  - **City:** Wilmington

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

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

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

- **a. Name of Series:** BlackRock MuniVest Fund, Inc.

- **c. LEI of Series:** 68LQJ5NLUNQI2T9OLL41

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $735858108.93

**Total Liabilities:** $308702538.96

**Net Assets:** $427155569.97

**Delayed Delivery Securities:** $573584.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 196122.36000000 | **1-Year:** 17351.84000000 | **5-Year:** 108164.73000000 | **10-Year:** 68120.67000000 | **30-Year:** 173090.33000000

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

- **3-Month:** 618.41000000 | **1-Year:** 1105.00000000 | **5-Year:** 17706.44000000 | **10-Year:** 17041.12000000 | **30-Year:** 42326.13000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 1.26%                | 5.45%                | 2.67%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-428984.82              | $3363366.56                                |
| Month 2  | $-4381442.32             | $24490468.15                               |
| Month 3  | $-651605.11              | $9687560.47                                |

**Designated Index Information**

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

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

### Schedule of Portfolio Investments

| Name                                                                             | Title                                                        | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Alamo Heights Independent School District                                        | ALAMO HEIGHTS TX INDEP SCH DIST                              | CUSIP: 011338A67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2415000 | PA      | $2265388.09   | 0.53%             | 2051-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                               | ALLEGHENY CNTY PA ARPT AUTH ARPT REVENUE                     | CUSIP: 01728LHE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1330000 | PA      | $1396188.51   | 0.33%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority                    | ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REVENUE     | CUSIP: 018444CC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4120000 | PA      | $4207819.45   | 0.99%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BAN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2471984.50   | 0.58%             | 2050-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BEY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    715000 | PA      | $681136.60    | 0.16%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                           | ARKANSAS DEV FIN AUTH ENVIRONMENTAL REVENUE                  | CUSIP: 04110FAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    810000 | PA      | $826738.65    | 0.19%             | 2053-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 041807BH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    685000 | PA      | $411000.00    | 0.10%             | 2062-11-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 041807CF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    790000 | PA      | $395000.00    | 0.09%             | 2062-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Aubrey Independent School District                                               | AUBREY TX INDEP SCH DIST                                     | CUSIP: 050195XB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1404813.45   | 0.33%             | 2052-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Airport System Revenue                                         | AUSTIN TX ARPT SYS REVENUE                                   | CUSIP: 052398EP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2080000 | PA      | $2081966.64   | 0.49%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Water & Wastewater System Revenue                              | AUSTIN TX WTR & WSTWTR SYS REVENUE                           | CUSIP: 052477YT7<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1233718.20   | 0.29%             | 2053-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ballston Quarter Community Development Authority                                 | BALLSTON QUARTER CMNTY DEV AUTH VA REVENUE                   | CUSIP: 058696AH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    724000 | PA      | $723060.25    | 0.17%             | 2046-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ballston Quarter Community Development Authority                                 | BALLSTON QUARTER CMNTY DEV AUTH VA REVENUE                   | CUSIP: 058696AJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1739000 | PA      | $1534349.09   | 0.36%             | 2059-03-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Baltimore MD                                                             | BALTIMORE MD SPL OBLIG                                       | CUSIP: 05923TBX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $548334.91    | 0.13%             | 2033-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TBT3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1590000 | PA      | $1680408.51   | 0.39%             | 2053-11-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TCQ8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   4765000 | PA      | $5132336.23   | 1.20%             | 2054-01-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TEV5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1925000 | PA      | $2005808.04   | 0.47%             | 2056-05-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Black Desert Public Infrastructure District                                      | BLACK DESERT PUB INFRASTRUCTURE DIST UT SPL ASSMNT           | CUSIP: 09204TAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $272735.99    | 0.06%             | 2053-12-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Tourist Development Tax Revenue                             | BROWARD CNTY FL TOURIST DEV TAX REVENUE                      | CUSIP: 115085AX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $2941215.09   | 0.69%             | 2051-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                   | BUCKEYE OH TOBACCO SETTLEMENT FING AUTH                      | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3605000 | PA      | $3021131.32   | 0.71%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY SOL WST DISP REVENUE              | CUSIP: 12008HAC3<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   2060000 | PA      | $2061864.51   | 0.48%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JAR7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3296946.10   | 0.77%             | 2052-02-01      | Floating      | 3.67%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                 | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                    | CUSIP: 13032UB31<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   4395000 | PA      | $3284620.39   | 0.77%             | 2051-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                            | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE         | CUSIP: 13034A6B1<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   2170000 | PA      | $1736000.00   | 0.41%             | 2065-01-01      | Floating      | 9.50%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                              | CALIFORNIA PUBLIC FIN AUTH SENIOR LIVING REVENUE             | CUSIP: 13057GAQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2735000 | PA      | $2570954.15   | 0.60%             | 2059-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                      | CALIFORNIA ST ENTERPRISE DEV AUTH REVENUE                    | CUSIP: 13067RCZ4<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |    715000 | PA      | $709453.75    | 0.17%             | 2062-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Celebration Pointe Community Development District No 1                           | CELEBRATION POINTE CMNTY DEV DIST NO 1 FL SPL ASSMNT REVENUE | CUSIP: 15102HAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    720000 | PA      | $576000.00    | 0.13%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Celebration Pointe Community Development District No 1                           | CELEBRATION POINTE CMNTY DEV DIST NO 1 FL SPL ASSMNT REVENUE | CUSIP: 15102HAF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2160000 | PA      | $1728000.00   | 0.40%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Centerra Metropolitan District No 1                                              | CENTERRA CO MET DIST #1 SPL REVENUE                          | CUSIP: 15200XAG8<br>LEI: 549300SHE5ZPSMGZH793 | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1016194.43   | 0.24%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505A63<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    550000 | PA      | $573327.54    | 0.13%             | 2043-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505QP4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    945000 | PA      | $944982.99    | 0.22%             | 2035-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505TG1<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    865000 | PA      | $865021.45    | 0.20%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505TJ5<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    865000 | PA      | $860308.93    | 0.20%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505WB8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    995000 | PA      | $902843.70    | 0.21%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505WC6<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2575000 | PA      | $2336505.05   | 0.55%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505ZL3<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1890000 | PA      | $1975718.87   | 0.46%             | 2050-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 167593X72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6813660.00   | 1.60%             | 2048-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 167593X80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3220918.80   | 0.75%             | 2053-01-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 167593X98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6900000 | PA      | $7168110.54   | 1.68%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 167593Y55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4760000 | PA      | $4575292.01   | 1.07%             | 2056-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Collier County Health Facilities Authority                                       | COLLIER CNTY FL HLTH FACS AUTH RSDL CARE FAC REVENUE         | CUSIP: 19463VAW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2115000 | PA      | $1790896.55   | 0.42%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FWT7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    395000 | PA      | $416311.16    | 0.10%             | 2047-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Conroe Independent School District                                               | CONROE TX INDEP SCH DIST                                     | CUSIP: 2084185M1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1873813.60   | 0.44%             | 2050-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dallas Independent School District                                               | DALLAS TX INDEP SCH DIST                                     | CUSIP: 235308M42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1494034.56   | 0.35%             | 2053-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DeKalb County Housing Authority                                                  | DEKALB CNTY GA HSG AUTH MF HSG                               | CUSIP: 240471PH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1820000 | PA      | $1829809.25   | 0.43%             | 2034-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Del Valle Independent School District TX                                         | DEL VALLE TX INDEP SCH DIST                                  | CUSIP: 245505XT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2795000 | PA      | $2672682.42   | 0.63%             | 2047-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                           | CUSIP: 249182LW4<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1813489.74   | 0.42%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver Convention Center Hotel Authority                                         | DENVER CO CONVENTION CENTER HOTEL AUTH REVENUE               | CUSIP: 249189DS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2007738.20   | 0.47%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Downtown Revitalization Public Infrastructure District                           | DOWNTOWN REVITALIZATION PUBLIC INFRASTRUCTURE DIST UT SALES  | CUSIP: 26118TAX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1265701.78   | 0.30%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Downtown Revitalization Public Infrastructure District                           | DOWNTOWN REVITALIZATION PUBLIC INFRASTRUCTURE DIST UT SALES  | CUSIP: 26118TBV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $446700.40    | 0.10%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Eagle Mountain & Saginaw Independent School District                             | EAGLE MOUNTAIN & SAGINAW TX INDEP SCH DIST                   | CUSIP: 269696SF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $787604.22    | 0.18%             | 2054-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| East Point Business & Industrial Development Authority                           | EAST PT GA BUSINESS & INDL DEV AUTHORITY REVENUE             | CUSIP: 274502AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $246036.38    | 0.06%             | 2062-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| EP Royal Estates PFC                                                             | EP ROYAL ESTATES PFC TX RSDL DEV REVENUE                     | CUSIP: 29415NAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $669618.96    | 0.16%             | 2039-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Erie Tobacco Asset Securitization Corp                                           | ERIE CNTY NY TOBACCO ASSET SECURITIZATION CORP TOBACCO SETTL | CUSIP: 295095BB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4435000 | PA      | $3662786.67   | 0.86%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP                                      | CUSIP: 340618DR5<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   3560000 | PA      | $3544288.65   | 0.83%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP                                      | CUSIP: 340618DW4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    800000 | PA      | $795878.56    | 0.19%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp                                                     | FLORIDA HSG FIN CORP REVENUE                                 | CUSIP: 34074NFS3<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   2585000 | PA      | $2633124.69   | 0.62%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp                                                     | FLORIDA HSG FIN CORP REVENUE                                 | CUSIP: 34074NFT1<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1683407.41   | 0.39%             | 2056-01-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| University of Florida Department of Housing & Residence Education Hsg Sys Rev    | FLORIDA ST BRD OF GOVERNORS UNIV OF FLORIDA DORM REVENUE     | CUSIP: 34157TEJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $726590.60    | 0.17%             | 2051-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Fort Lauderdale FL Water & Sewer Revenue                                 | FORT LAUDERDALE FL WTR & SWR REVENUE                         | CUSIP: 347658ZY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3370000 | PA      | $3655909.45   | 0.86%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Geisinger Authority                                                              | GEISINGER PA AUTH HLTH SYS REVENUE                           | CUSIP: 368497HQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5670000 | PA      | $5183097.26   | 1.21%             | 2047-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Geisinger Authority                                                              | GEISINGER PA AUTH HLTH SYS REVENUE                           | CUSIP: 368497JV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4518729.50   | 1.06%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Grand Forks ND                                                           | GRAND FORKS ND HLTH CARE SYS REVENUE                         | CUSIP: 38546WEP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $658648.00    | 0.15%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Grand Forks ND                                                           | GRAND FORKS ND HLTH CARE SYS REVENUE                         | CUSIP: 38546WEQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1150177.73   | 0.27%             | 2053-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX                                                              | HARRIS CNTY TX                                               | CUSIP: 4140054E5<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |   3480000 | PA      | $3308965.31   | 0.77%             | 2049-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 4423487H5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1750010.68   | 0.41%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349HZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $646744.38    | 0.15%             | 2039-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349JV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2615000 | PA      | $2789834.98   | 0.65%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH REVENUE                             | CUSIP: 45203MJZ5<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |    985000 | PA      | $1022517.17   | 0.24%             | 2042-10-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FN43<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1475334.55   | 0.35%             | 2041-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FN50<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |      5000 | PA      | $4868.92      | 0.00%             | 2041-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FYF6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     45000 | PA      | $45786.24     | 0.01%             | 2041-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452152P96<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   6965000 | PA      | $7244077.10   | 1.70%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                | CUSIP: 452252KS7<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   8710000 | PA      | $8717780.64   | 2.04%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                | CUSIP: 452252PQ6<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1035100.40   | 0.24%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                | CUSIP: 452252PY9<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1389238.20   | 0.33%             | 2046-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH SYS REVENUE                         | CUSIP: 45470YGB1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1251493.96   | 0.29%             | 2046-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH SYS REVENUE                         | CUSIP: 45470YGC9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    400000 | PA      | $430375.80    | 0.10%             | 2047-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | IOWA ST FIN AUTH REVENUE                                     | CUSIP: 46247SFV1<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    850000 | PA      | $796223.73    | 0.19%             | 2059-05-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                             | JEFFERSON CNTY AL SWR REVENUE WARRANTS                       | CUSIP: 472682ZS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1116877.69   | 0.26%             | 2053-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of King WA Sewer Revenue                                                  | KING CNTY WA SWR REVENUE                                     | CUSIP: 495290EF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1312412.24   | 0.31%             | 2040-01-01      | Floating      | 3.45%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KAZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100981.26    | 0.02%             | 2027-05-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KBA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $477580.11    | 0.11%             | 2037-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KBB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    770000 | PA      | $774128.59    | 0.18%             | 2047-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KFJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $427332.19    | 0.10%             | 2054-05-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Lancaster Industrial Development Authority                                       | LANCASTER PA INDL DEV AUTH                                   | CUSIP: 514349CW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $991791.40    | 0.23%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority/FL                                   | LEE CNTY FL INDL DEV AUTH HLTHCR FACS REVENUE                | CUSIP: 52349EES5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1025259.83   | 0.24%             | 2029-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority/FL                                   | LEE CNTY FL INDL DEV AUTH HLTHCR FACS REVENUE                | CUSIP: 52349EET3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1065478.08   | 0.25%             | 2029-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| City of Lenexa KS                                                                | LENEXA KS HLTH CARE FAC REVENUE                              | CUSIP: 526039CU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1530000 | PA      | $1507626.35   | 0.35%             | 2043-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Alabama Gas District/The                                                   | LOWER AL GAS DIST GAS PROJ REVENUE                           | CUSIP: 547804AE4<br>LEI: 549300YTI1NTDG2OVU42 | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1237617.22   | 0.29%             | 2046-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DEN8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   4130000 | PA      | $4378402.15   | 1.03%             | 2053-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DGC0<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   5565000 | PA      | $5763747.30   | 1.35%             | 2053-12-01      | Floating      | 4.56%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                                    | MARYLAND ST CMNTY DEV ADMIN DEPT HSG & CMNTY DEV             | CUSIP: 57419T2R1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2155000 | PA      | $2146617.27   | 0.50%             | 2049-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Maryland Stadium Authority                                                       | MARYLAND STADIUM AUTH BUILT TO LEARN REVENUE                 | CUSIP: 574294CV4<br>LEI: 549300VA283TTQRDNF71 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1092393.54   | 0.26%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                             | CUSIP: 57582R2C9<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   3790000 | PA      | $3953849.66   | 0.93%             | 2049-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584XD57<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    815000 | PA      | $792915.62    | 0.19%             | 2047-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Mesa AZ Utility System Revenue                                           | MESA AZ UTILITY SYS REVENUE                                  | CUSIP: 5905453N7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    830000 | PA      | $832005.20    | 0.19%             | 2049-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | MET GOVT NASHVILLE & DAVIDSON CNTY TN HLTH & EDUCTNL FAC BRD | CUSIP: 592029DB5<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |   5365000 | PA      | $4979987.21   | 1.17%             | 2054-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Sports Authority             | MET GOVT NASHVILLE & DAVIDSONCNTY TN SPORTS AUTH             | CUSIP: 592090JY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2010000 | PA      | $2125945.44   | 0.50%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN Water & Sewer Revenue  | MET GOVT NASHVILLE & DAVIDSON CNTY TN WTR & SWR REVENUE      | CUSIP: 5920983R6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1198389.60   | 0.28%             | 2055-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL DEDICATED ST TAX REVENUE       | CUSIP: 592248BE7<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $2908202.40   | 0.68%             | 2047-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL REVENUE                        | CUSIP: 592250DE1<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   8755000 | PA      | $1946221.62   | 0.46%             | 2056-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Expressway Authority                                           | MIAMI-DADE CNTY FL EXPRESSWAY AUTH TOLL SYS REVENUE          | CUSIP: 59334KFV5<br>LEI: 549300NSQPQSO55VM780 | Long             | DBT              | MUN               | US        |   8900000 | PA      | $8907325.59   | 2.09%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade Seaport Department                                          | MIAMI-DADE CNTY FL SEAPORT REVENUE                           | CUSIP: 59335KEV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1927755.36   | 0.45%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH LTD OBLIG REVENUE                       | CUSIP: 594479GJ0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1064244.00   | 0.25%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH ACT 38 FACS SENIOR REVEUE               | CUSIP: 59447NBE5<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1488032.63   | 0.35%             | 2057-02-28      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TMQ3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2640000 | PA      | $2429592.79   | 0.57%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                          | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE                  | CUSIP: 594698QT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1776923.75   | 0.42%             | 2043-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                 | MINNESOTA ST HSG FIN AGY                                     | CUSIP: 60416TXY9<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |   2880000 | PA      | $3065935.68   | 0.72%             | 2042-07-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH                         | CUSIP: 60635H4C0<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    665000 | PA      | $659618.95    | 0.15%             | 2054-02-01      | 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: 60637AXK3<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2625000 | PA      | $2465497.13   | 0.58%             | 2045-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mobile County Industrial Development Authority                                   | MOBILE CNTY AL INDL DEV AUTH SOL WST DISP REVENUE            | CUSIP: 60733UAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5325000 | PA      | $5165871.96   | 1.21%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mobile County Industrial Development Authority                                   | MOBILE CNTY AL INDL DEV AUTH SOL WST DISP REVENUE            | CUSIP: 60733UAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2140000 | PA      | $1997370.28   | 0.47%             | 2054-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Montana Board of Housing                                                         | MONTANA ST BRD OF HSG SF MTGE                                | CUSIP: 61212WEN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $270054.14    | 0.06%             | 2047-12-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                          | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                       | CUSIP: 613603B65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3534005.20   | 0.83%             | 2051-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                          | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                       | CUSIP: 613603G94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5034758.50   | 1.18%             | 2057-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                          | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                       | CUSIP: 613603L56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4585000 | PA      | $4048275.77   | 0.95%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                            | MONTGOMERY CNTY PA INDL DEV AUTH                             | CUSIP: 613609B88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4170000 | PA      | $4170010.01   | 0.98%             | 2040-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                            | MONTGOMERY CNTY PA INDL DEV AUTH                             | CUSIP: 61360PCM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1095416.43   | 0.26%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust IV                                               | NEW YORK CNTYS NY TOBACCO TRUST IV                           | CUSIP: 62947YAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3257589.65   | 0.76%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust IV                                               | NEW YORK CNTYS NY TOBACCO TRUST IV                           | CUSIP: 62947YAL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3045000 | PA      | $2930025.37   | 0.69%             | 2041-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH AFFORDABLE HSG CTFS                     | CUSIP: 63607DAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4635203 | PA      | $4624325.30   | 1.08%             | 2040-10-20      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WAQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1099367 | PA      | $1096015.70   | 0.26%             | 2041-07-20      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WBD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    676566 | PA      | $674021.63    | 0.16%             | 2041-01-20      | Floating      | 4.09%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WBK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1562802.73   | 0.37%             | 2037-09-28      | Fixed         | 5.15%                 | 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        |   4130000 | PA      | $4344633.21   | 1.02%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MF AFFORDABLE HSG                       | CUSIP: 63610CAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1059619.60   | 0.25%             | 2042-04-28      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Nebraska Investment Finance Authority                                            | NEBRASKA ST INVESTMENT FIN AUTH SF HSG REVENUE               | CUSIP: 63968M7T0<br>LEI: 549300OIIXIM3SRZWK33 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1453836.12   | 0.34%             | 2051-09-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH SPL FAC REVENUE                  | CUSIP: 64578CBV2<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1530000 | PA      | $1530008.87   | 0.36%             | 2030-11-15      | Fixed         | 5.63%                 | 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        |   2500000 | PA      | $2304280.50   | 0.54%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 6459182A0<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1051788.05   | 0.25%             | 2034-01-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 6459182D4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10008947.00  | 2.34%             | 2043-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                         | NEW JERSEY ST HGR EDU ASSISTANCE AUTH STUDENT LOAN REVENUE   | CUSIP: 646080WP2<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1589223.84   | 0.37%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                         | NEW JERSEY ST HGR EDU ASSISTANCE AUTH STUDENT LOAN REVENUE   | CUSIP: 646080WQ0<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   2615000 | PA      | $2594424.92   | 0.61%             | 2052-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                         | NEW JERSEY ST HGR EDU ASSISTANCE AUTH STUDENT LOAN REVENUE   | CUSIP: 646080YB1<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    470000 | PA      | $467292.38    | 0.11%             | 2045-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 646136WK3<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   7260000 | PA      | $4392161.33   | 1.03%             | 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: 646136Y39<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    780000 | PA      | $780585.78    | 0.18%             | 2041-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Housing & Mortgage Finance Agency                                     | NEW JERSEY ST HSG & MTGE FIN AGY REVENUE                     | CUSIP: 64613ALS9<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |   2245000 | PA      | $2314733.29   | 0.54%             | 2050-10-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                 | CUSIP: 646140JF1<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   1960000 | PA      | $2107663.26   | 0.49%             | 2055-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                                | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                 | CUSIP: 649519DC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1145210.79   | 0.27%             | 2040-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                                | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                 | CUSIP: 649519DW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $299884.85    | 0.07%             | 2051-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966SCQ7<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   2525000 | PA      | $2330947.19   | 0.55%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966SMF0<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    370000 | PA      | $394282.66    | 0.09%             | 2053-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JWM6<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1460000 | PA      | $1561660.24   | 0.37%             | 2052-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                                 | NEW YORK ST THRUWAY AUTH PERSONAL INCOME TAX REVENUE         | CUSIP: 650028ZR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3325000 | PA      | $3118518.50   | 0.73%             | 2056-03-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP EXEMPT FAC REVENUE            | CUSIP: 650110AE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1004352.05   | 0.24%             | 2053-04-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116CY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1975000 | PA      | $2065994.97   | 0.48%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116GP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    905000 | PA      | $950289.55    | 0.22%             | 2040-04-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4080000 | PA      | $4153365.34   | 0.97%             | 2060-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9950000 | PA      | $10148999.01  | 2.38%             | 2060-06-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Northwest Independent School District                                            | NORTHWEST TX INDEP SCH DIST                                  | CUSIP: 667826HG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1330078.32   | 0.31%             | 2055-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | OHIO ST HOSP REVENUE                                         | CUSIP: 67756CFY9<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   4420000 | PA      | $3889560.66   | 0.91%             | 2050-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA ST DEV FIN AUTH HLTHSYS REVENUE                     | CUSIP: 67884XCK1<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1631345.30   | 0.38%             | 2052-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | OKLAHOMA ST TURNPIKE AUTH                                    | CUSIP: 679111D27<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   4070000 | PA      | $4340600.87   | 1.02%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                        | ORANGE CNTY FL HLTH FACS AUTH REVENUE                        | CUSIP: 68450LGQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1758720.80   | 0.41%             | 2052-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                           | PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE           | CUSIP: 70342PAN4<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   3235000 | PA      | $3529024.94   | 0.83%             | 2054-10-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV  | CUSIP: 70868YAU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    985000 | PA      | $1028265.63   | 0.24%             | 2043-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                   | CUSIP: 70869PHX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2565000 | PA      | $2571290.41   | 0.60%             | 2042-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QUL5<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   6555000 | PA      | $6871349.54   | 1.61%             | 2051-04-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | PHILADELPHIA PA AUTH FOR INDL DEV UNIV REVENUE               | CUSIP: 71780TBL6<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   2440000 | PA      | $2524070.20   | 0.59%             | 2052-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia/The                                              | PHILADELPHIA PA SCH DIST                                     | CUSIP: 717883A77<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |    710000 | PA      | $757041.26    | 0.18%             | 2048-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Water & Wastewater Revenue                               | PHILADELPHIA PA WTR & WSTWTR REVENUE                         | CUSIP: 7178932X8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2785000 | PA      | $2814611.51   | 0.66%             | 2048-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Water & Wastewater Revenue                               | PHILADELPHIA PA WTR & WSTWTR REVENUE                         | CUSIP: 7178933X7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5540000 | PA      | $5927642.11   | 1.39%             | 2054-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona/The              | PHOENIX AZ INDL DEV AUTH EDU REVENUE                         | CUSIP: 71885FDV6<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |    700000 | PA      | $681724.33    | 0.16%             | 2045-07-01      | 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        |  10000000 | PA      | $3947976.00   | 0.92%             | 2046-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                          | CUSIP: 744396GG1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    200000 | PA      | $184758.74    | 0.04%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                          | CUSIP: 744396GH9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    680000 | PA      | $520599.02    | 0.12%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                          | CUSIP: 744396GJ5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    870000 | PA      | $640609.71    | 0.15%             | 2061-06-01      | Fixed         | 5.00%                 | 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        |   1965000 | PA      | $2134449.22   | 0.50%             | 2055-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PL29<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    925000 | PA      | $937449.11    | 0.22%             | 2055-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI ARPT FACS REVENUE                         | CUSIP: 74443CAC7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000180.20   | 0.23%             | 2042-07-01      | Fixed         | 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        |    205000 | PA      | $211701.02    | 0.05%             | 2060-06-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI TOLL REVENUE                              | CUSIP: 74448UAC2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1493671.95   | 0.35%             | 2065-12-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI TOLL REVENUE                              | CUSIP: 74448UAD0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   6470000 | PA      | $6701273.39   | 1.57%             | 2065-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JPW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2038000 | PA      | $1926933.08   | 0.45%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11530000 | PA      | $11198405.27  | 2.62%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5265000 | PA      | $1832391.11   | 0.43%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JRH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3729000 | PA      | $3615245.74   | 0.85%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JRL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3133000 | PA      | $2946261.92   | 0.69%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                      | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE             | CUSIP: 79739GNW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2880000 | PA      | $2595808.80   | 0.61%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Sarasota County Health Facilities Authority                                      | SARASOTA CNTY FL HLTH FACS AUTH RETMNT FAC REVENUE           | CUSIP: 80329UBK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    605000 | PA      | $569819.79    | 0.13%             | 2048-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 8371514W6<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   3810000 | PA      | $3969130.75   | 0.93%             | 2046-12-01      | Fixed         | 5.00%                 | 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        |    945000 | PA      | $1023548.40   | 0.24%             | 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: 84136FBM8<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   9645000 | PA      | $10121758.14  | 2.37%             | 2053-01-01      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| Housing & Redevelopment Authority of The City of St Paul Minnesota               | SAINT PAUL MN HSG & REDEV AUTH CHRT SCH LEASE REVENUE        | CUSIP: 852297CK4<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    695000 | PA      | $655808.39    | 0.15%             | 2052-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP HOSP REVENUE      | CUSIP: 87638QSE0<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   3070000 | PA      | $3164340.79   | 0.74%             | 2051-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP RETMNT FAC REVENU | CUSIP: 87638RFP7<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3250339.30   | 0.76%             | 2040-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Health Facilities Development Corp                                 | Harris County Health Facilities Development Corp             | CUSIP: 41315RAY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8924999 | PA      | $9172467.14   | 2.15%             | 2026-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| State of Oregon Housing & Community Services Department                          | State of Oregon Housing & Community Services Department      | CUSIP: 68608EJQ6<br>LEI: 549300N3PYWYJ0Z8N757 | Long             | DBT              | MUN               | US        |    599756 | PA      | $605545.50    | 0.14%             | 2026-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709225GL4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |  10005000 | PA      | $10598369.54  | 2.48%             | 2052-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Power Authority                                                         | NEW YORK ST PWR AUTH GREEN TRANSMISSION PROJ REVENUE         | CUSIP: 65000XBW9<br>LEI: I5P1GEYFGGMMDOFX2L30 | Long             | DBT              | MUN               | US        |   6626685 | PA      | $6951148.78   | 1.63%             | 2063-11-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                           | PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE           | CUSIP: 70342PAR5<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |  19995000 | PA      | $21746975.90  | 5.09%             | 2054-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116GZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9999998 | PA      | $10048628.50  | 2.35%             | 2060-06-30      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                           | TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE         | CUSIP: 896035CE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16736652 | PA      | $16580857.17  | 3.88%             | 2063-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE       | CUSIP: 60637ARH7<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $8811516.00   | 2.06%             | 2053-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QUK7<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   8052358 | PA      | $8441688.76   | 1.98%             | 2046-10-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                           | TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE         | CUSIP: 896035CA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10571764 | PA      | $10033225.62  | 2.35%             | 2053-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                             | CUSIP: 57582TCB6<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |  16200000 | PA      | $17054123.94  | 3.99%             | 2051-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JTG3<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   6060000 | PA      | $6333967.15   | 1.48%             | 2050-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                              | PORT OF PORTLAND OR ARPT REVENUE                             | CUSIP: 7352404F7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10560000 | PA      | $11146069.44  | 2.61%             | 2045-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647PD7<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |  12096697 | PA      | $12474985.84  | 2.92%             | 2050-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647PE5<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   8340000 | PA      | $8984817.94   | 2.10%             | 2055-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                             | CUSIP: 57582TCS9<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   6620000 | PA      | $6963854.72   | 1.63%             | 2055-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEA Water & Sewer System Revenue                                                 | JEA FL WTR & SWR REVENUE                                     | CUSIP: 46615SFN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9830000 | PA      | $10469782.71  | 2.45%             | 2049-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 64613CHS0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   7380000 | PA      | $7649705.79   | 1.79%             | 2055-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GK29<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   6135291 | PA      | $6445643.52   | 1.51%             | 2051-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St Paul Metropolitan Airports Commission                             | MINNEAPOLIS-SAINT PAUL MN MET ARPTS COMMISSION ARPT REVENUE  | CUSIP: 603827Q82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8109580 | PA      | $8492892.57   | 1.99%             | 2049-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                           | CUSIP: 249182QW9<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |  10299999 | PA      | $9534710.80   | 2.23%             | 2047-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                           | TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE         | CUSIP: 896035DG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5149999 | PA      | $4726023.29   | 1.11%             | 2064-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF HSG REV                     | CUSIP: 64972KMG7<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   4200000 | PA      | $4261484.22   | 1.00%             | 2055-11-01      | 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: 64972JXS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7172781 | PA      | $7654411.27   | 1.79%             | 2055-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp III                                | TEXAS ST MUNI GAS ACQUISITION& SPLY CORP III GAS SPLY REVEN  | CUSIP: 88256HBH0<br>LEI: 0UDITKOYW0YKG3BBP242 | Long             | DBT              | MUN               | US        |   5740000 | PA      | $6267460.08   | 1.47%             | 2032-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                                | TOBACCO SETTLEMENT FING CORP NJ                              | CUSIP: 888808HQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2967681.90   | 0.69%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                                | TOBACCO SETTLEMENT FING CORP NJ                              | CUSIP: 888808HT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $438137.06    | 0.10%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp/VA                                             | TOBACCO SETTLEMENT FING CORP VA                              | CUSIP: 88880NAU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3290000 | PA      | $2757036.45   | 0.65%             | 2047-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                           | TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE         | CUSIP: 896035CA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2770000 | PA      | $2628892.88   | 0.62%             | 2053-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| TSASC Inc/NY                                                                     | TSASC INC NY                                                 | CUSIP: 898526FF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1785000 | PA      | $1789970.69   | 0.42%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tulsa Municipal Airport Trust Trustees/OK                                        | TULSA OK MUNI ARPT TRUST TRUSTEES                            | CUSIP: 899661EM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    885000 | PA      | $1020580.94   | 0.24%             | 2035-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Tuscaloosa County Industrial Development Authority                               | TUSCALOOSA CNTY AL INDL DEV AUTH GULF OPPORTUNITY ZONE       | CUSIP: 90068FAZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1620428.13   | 0.38%             | 2044-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| University of Wyoming                                                            | UNIV OF WYOMING WY UNIV REVENUES                             | CUSIP: 915268J31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1690000 | PA      | $1561311.23   | 0.37%             | 2051-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Utah UT                                                                | UTAH CNTY UT HOSP REVENUE                                    | CUSIP: 917393BN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2650000 | PA      | $2484641.59   | 0.58%             | 2047-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA SMALL BUSINESS FING AUTH PRIV ACTIVITY REVENUE SR   | CUSIP: 928097AC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2420000 | PA      | $2380233.11   | 0.56%             | 2052-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA SMALL BUSINESS FING AUTH PRIV ACTIVITY REVENUE SR   | CUSIP: 928097AD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2555000 | PA      | $2487210.48   | 0.58%             | 2056-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Waller Consolidated Independent School District                                  | WALLER TX INDEP SCH DIST                                     | CUSIP: 932493LY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3091391.16   | 0.72%             | 2053-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | WASHINGTON DC MET AREA TRANSIT AUTH DEDICATED REVENUE        | CUSIP: 93878YDY2<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |   5195000 | PA      | $5120242.39   | 1.20%             | 2059-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783Q66<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    425000 | PA      | $430398.90    | 0.10%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783Q74<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    400000 | PA      | $397590.80    | 0.09%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                            | CUSIP: 93978HF75<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    335000 | PA      | $355773.72    | 0.08%             | 2055-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                            | CUSIP: 93978HWK7<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1773573.73   | 0.42%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                            | CUSIP: 93978HXL4<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1812790.00   | 0.42%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION                             | CUSIP: 93978UAA4<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1768299 | PA      | $1729481.04   | 0.40%             | 2050-03-01      | Floating      | 4.08%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION                             | CUSIP: 93978UDT0<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   2031791 | PA      | $1955184.06   | 0.46%             | 2041-11-20      | Variable      | 4.08%                 | No            |                  2 | On Loan: No      |
| Westchester Tobacco Asset Securitization Corp                                    | WESTCHESTER NY TOBACCO ASSET SECURITIZATION                  | CUSIP: 957480BU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2740000 | PA      | $2314639.11   | 0.54%             | 2051-06-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity Funds                                                        | BlackRock Liquidity Funds: MuniCash, Institutional Shares    | CUSIP: 09248U841<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |  12556312 | NS      | $12557567.36  | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Wyoming Community Development Authority                                          | WYOMING ST CMNTY DEV AUTH HSG REVENUE                        | CUSIP: 98322QE52<br>LEI: 549300UQ62NB8FGTHW65 | Long             | DBT              | MUN               | US        |    500000 | PA      | $506325.50    | 0.12%             | 2043-12-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Ysleta Independent School District                                               | YSLETA TX INDEP SCH DIST                                     | CUSIP: 98816PFN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6420000 | PA      | $6188191.78   | 1.45%             | 2056-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |

### Signature

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

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

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer