# EDGAR Filing Document

**Accession Number:** 0000897269
**File Stem:** 0001410368-25-043406
**Filing Date:** 2025-12
**Character Count:** 155885
**Document Hash:** 649af1ae580c29e88bfe85c8bd053ab5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-043406.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0001410368-25-043406

**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 II, INC.
- **CENTRAL INDEX KEY:** 0000897269

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07478
- **FILM NUMBER:** 251606808

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

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

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

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

## Nport-Ex

October 31, 2025

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

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

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

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

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

------

Schedule of Investments (unaudited)

October 31, 2025

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

**(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 — 2.4%** | **Alabama — 2.4%** |  |
| Black Belt Energy Gas District, RB<sup>(a)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 05/01/56 | $1090 | &nbsp;&nbsp; $1135756 |
| &nbsp;&nbsp;&nbsp; Series F, 5.50%, 11/01/53 | 405 | &nbsp;&nbsp; 428029 |
| &nbsp;&nbsp;&nbsp; County of Jefferson Alabama Sewer Revenue, Refunding <br> RB, 5.25%, 10/01/49<br>| 2035 | &nbsp;&nbsp; 2121227 |
| &nbsp;&nbsp;&nbsp; Lower Alabama Gas District, RB, Series A, 5.00%, <br> 09/01/46<br>| 610 | &nbsp;&nbsp; 659342 |
| Southeast Energy Authority A Cooperative District, RB<sup>(a)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/56 | 770 | &nbsp;&nbsp; 824296 |
| &nbsp;&nbsp;&nbsp; Series A-1, 5.50%, 01/01/53 | 685 | &nbsp;&nbsp; 742374 |
|  |  | &nbsp;&nbsp; 5911024 |
| **Arizona — 1.0%** | **Arizona — 1.0%** |  |
| &nbsp;&nbsp;&nbsp; City of Phoenix Civic Improvement Corp., RB, Junior Lien, <br> 5.25%, 07/01/47<br>| 760 | &nbsp;&nbsp; 816882 |
| &nbsp;&nbsp;&nbsp; Glendale Industrial Development Authority, RB, 5.00%, <br> 05/15/56<br>| 90 | &nbsp;&nbsp; 77664 |
| &nbsp;&nbsp;&nbsp; Industrial Development Authority of the City of Phoenix <br> Arizona, RB, Series A, 5.00%, 07/01/46<sup>(b)</sup><br>| 1685 | &nbsp;&nbsp; 1624465 |
|  |  | &nbsp;&nbsp; 2519011 |
| **Arkansas — 0.2%** | **Arkansas — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Arkansas Development Finance Authority, RB, AMT, <br> Sustainability Bonds, 5.70%, 05/01/53<br>| 435 | &nbsp;&nbsp; 443989 |
| **California — 5.4%** | **California — 5.4%** |  |
| &nbsp;&nbsp;&nbsp; California Community Choice Financing Authority, RB, <br> Class B, Sustainability Bonds, 5.00%, 03/01/56<sup>(a)</sup><br>| 910 | &nbsp;&nbsp; 998860 |
| &nbsp;&nbsp;&nbsp; California Educational Facilities Authority, RB, Series U-7, <br> 5.00%, 06/01/46<br>| 920 | &nbsp;&nbsp; 1055556 |
| &nbsp;&nbsp;&nbsp; California Infrastructure & Economic Development Bank, <br> Refunding RB, Series A, Class B, AMT, Sustainability <br> Bonds, 9.50%, 01/01/65<sup>(a)(b)</sup><br>| 1135 | &nbsp;&nbsp; 908000 |
| &nbsp;&nbsp;&nbsp; California Municipal Finance Authority, ARB, AMT, Senior <br> Lien, 4.00%, 12/31/47<br>| 1475 | &nbsp;&nbsp; 1293354 |
| &nbsp;&nbsp;&nbsp; California Pollution Control Financing Authority, RB, AMT, <br> 5.00%, 11/21/45<sup>(b)</sup><br>| 1495 | &nbsp;&nbsp; 1495049 |
| Central Valley Energy Authority, RB, 5.00%, 12/01/55<sup>(a)</sup> | 475 | &nbsp;&nbsp; 525406 |
| &nbsp;&nbsp;&nbsp; City of Los Angeles Department of Airports, ARB, AMT, <br> Sustainability Bonds, 5.00%, 05/15/47<br>| 1155 | &nbsp;&nbsp; 1187142 |
| &nbsp;&nbsp;&nbsp; City of Los Angeles Department of Airports, Refunding <br> ARB, Series A, AMT, Sustainability Bonds, 5.50%, <br> 05/15/55<br>| 1035 | &nbsp;&nbsp; 1113433 |
| &nbsp;&nbsp;&nbsp; Pleasanton Unified School District, GO, Election 2022, <br> 4.25%, 08/01/50<br>| 2370 | &nbsp;&nbsp; 2379649 |
| &nbsp;&nbsp;&nbsp; Sacramento Metropolitan Fire District, GO, Series A, <br> Election 2024, 4.00%, 08/01/55<br>| 1485 | &nbsp;&nbsp; 1401597 |
| &nbsp;&nbsp;&nbsp; San Marcos Unified School District, GO, CAB, Series B, <br> Election 2010, 0.00%, 08/01/42<sup>(c)</sup><br>| 2000 | &nbsp;&nbsp; 1008275 |
|  |  | &nbsp;&nbsp; 13366321 |
| **Colorado — 0.4%** | **Colorado — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; City & County of Denver Colorado Airport System <br> Revenue, Refunding ARB, Series D, AMT, 5.75%, <br> 11/15/45<br>| 425 | &nbsp;&nbsp; 458863 |
| Colorado Health Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 11/01/47 | 175 | &nbsp;&nbsp; 184442 |
| &nbsp;&nbsp;&nbsp; 5.25%, 11/01/52 | 360 | &nbsp;&nbsp; 371598 |
|  |  | &nbsp;&nbsp; 1014903 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Delaware — 0.6%** | **Delaware — 0.6%** |  |
| &nbsp;&nbsp;&nbsp; Delaware River & Bay Authority, Refunding RB, 4.00%, <br> 01/01/44<br>| $1500 | &nbsp;&nbsp; $1478060 |
| **District of Columbia — 7.9%** | **District of Columbia — 7.9%** |  |
| &nbsp;&nbsp;&nbsp; District of Columbia, Refunding GO, Series A, 5.25%, <br> 01/01/48<br>| 1190 | &nbsp;&nbsp; 1263666 |
| District of Columbia, Refunding RB, 5.00%, 10/01/48 | 1695 | &nbsp;&nbsp; 1673245 |
| &nbsp;&nbsp;&nbsp; Metropolitan Washington Airports Authority Aviation <br> Revenue, Refunding ARB, Series A, AMT, 5.50%, <br> 10/01/55<br>| 1120 | &nbsp;&nbsp; 1206594 |
| &nbsp;&nbsp;&nbsp; Metropolitan Washington Airports Authority Dulles Toll <br> Road Revenue, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, 2nd Senior Lien, (AGM), 0.00%, 10/01/33<sup>(c)</sup> | 6590 | &nbsp;&nbsp; 5080410 |
| &nbsp;&nbsp;&nbsp; Series B, 2nd Senior Lien, (AGM), 0.00%, 10/01/34<sup>(c)</sup> | 4830 | &nbsp;&nbsp; 3564799 |
| &nbsp;&nbsp;&nbsp; Series B, 2nd Senior Lien, (AGM), 0.00%, 10/01/35<sup>(c)</sup> | 6515 | &nbsp;&nbsp; 4580057 |
| &nbsp;&nbsp;&nbsp; Series B, Subordinate, 4.00%, 10/01/49 | 1790 | &nbsp;&nbsp; 1594467 |
| &nbsp;&nbsp;&nbsp; Washington Metropolitan Area Transit Authority Dedicated <br> Revenue, RB, Series A, Sustainability Bonds, 4.13%, <br> 07/15/47<br>| 575 | &nbsp;&nbsp; 552534 |
|  |  | &nbsp;&nbsp; 19515772 |
| **Florida — 4.2%** | **Florida — 4.2%** |  |
| &nbsp;&nbsp;&nbsp; Celebration Pointe Community Development District No. <br> 1, SAB<sup>(d)(e)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/32 | 380 | &nbsp;&nbsp; 304000 |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/48 | 1120 | &nbsp;&nbsp; 896000 |
| &nbsp;&nbsp;&nbsp; City of Fort Lauderdale Florida Water & Sewer Revenue, <br> RB, Series B, 5.50%, 09/01/48<br>| 1280 | &nbsp;&nbsp; 1398531 |
| &nbsp;&nbsp;&nbsp; County of Broward Florida Airport System Revenue, ARB, <br> Series A, AMT, 5.00%, 10/01/44<br>| 545 | &nbsp;&nbsp; 555926 |
| &nbsp;&nbsp;&nbsp; County of Broward Florida Water & Sewer Utility Revenue, <br> RB, Series A, 4.00%, 10/01/45<br>| 210 | &nbsp;&nbsp; 204927 |
| County of Pasco Florida, RB |  |  |
| &nbsp;&nbsp;&nbsp; (AGM), 5.00%, 09/01/48 | 2270 | &nbsp;&nbsp; 2343778 |
| &nbsp;&nbsp;&nbsp; (AGM), 5.75%, 09/01/54 | 425 | &nbsp;&nbsp; 456856 |
| &nbsp;&nbsp;&nbsp; Florida Development Finance Corp., RB, Series A, 5.00%, <br> 06/15/56<br>| 105 | &nbsp;&nbsp; 99238 |
| &nbsp;&nbsp;&nbsp; Hillsborough County Industrial Development Authority, <br> Refunding RB, Series C, 5.25%, 11/15/49<br>| 205 | &nbsp;&nbsp; 218796 |
| &nbsp;&nbsp;&nbsp; Lakewood Ranch Stewardship District, SAB, 6.30%, <br> 05/01/54<br>| 212 | &nbsp;&nbsp; 224218 |
| &nbsp;&nbsp;&nbsp; Orange County Health Facilities Authority, RB, Series A, <br> 5.00%, 10/01/53<br>| 1495 | &nbsp;&nbsp; 1532769 |
| &nbsp;&nbsp;&nbsp; Orange County Health Facilities Authority, Refunding RB, <br> Series A, 5.25%, 10/01/56<br>| 1925 | &nbsp;&nbsp; 2023567 |
|  |  | &nbsp;&nbsp; 10258606 |
| **Georgia — 2.3%** | **Georgia — 2.3%** |  |
| &nbsp;&nbsp;&nbsp; County of DeKalb Georgia Water & Sewerage Revenue, <br> Refunding RB, 5.00%, 10/01/48<br>| 1145 | &nbsp;&nbsp; 1193196 |
| &nbsp;&nbsp;&nbsp; Gainesville & Hall County Hospital Authority, RB, Series A, <br> 4.00%, 02/15/51<br>| 530 | &nbsp;&nbsp; 467590 |
| Main Street Natural Gas, Inc., RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 05/15/37 | 1500 | &nbsp;&nbsp; 1633647 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/53<sup>(a)</sup> | 2185 | &nbsp;&nbsp; 2316418 |
|  |  | &nbsp;&nbsp; 5610851 |
| **Idaho — 0.8%** | **Idaho — 0.8%** |  |
| &nbsp;&nbsp;&nbsp; Idaho Health Facilities Authority, Refunding RB, 4.38%, <br> 03/01/53<br>| 400 | &nbsp;&nbsp; 382816 |
| &nbsp;&nbsp;&nbsp; Idaho Housing & Finance Association, RB, Series A, <br> 5.25%, 08/15/48<br>| 1455 | &nbsp;&nbsp; 1568182 |
|  |  | &nbsp;&nbsp; 1950998 |

---

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

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

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Illinois — 5.9%** | **Illinois — 5.9%** |  |
| Chicago Board of Education, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 12/01/42 | $540 | &nbsp;&nbsp; $509977 |
| &nbsp;&nbsp;&nbsp; Series A, 6.25%, 12/01/50 | 1125 | &nbsp;&nbsp; 1176023 |
| &nbsp;&nbsp;&nbsp; Series C, 5.25%, 12/01/35 | 495 | &nbsp;&nbsp; 494991 |
| &nbsp;&nbsp;&nbsp; Series D, 5.00%, 12/01/46 | 1915 | &nbsp;&nbsp; 1737634 |
| &nbsp;&nbsp;&nbsp; Series H, 5.00%, 12/01/36 | 450 | &nbsp;&nbsp; 447560 |
| Chicago Board of Education, Refunding GO |  |  |
| &nbsp;&nbsp;&nbsp; Series B, 12/01/43<sup>(f)</sup> | 315 | &nbsp;&nbsp; 328360 |
| &nbsp;&nbsp;&nbsp; Series G, 5.00%, 12/01/34 | 450 | &nbsp;&nbsp; 450011 |
| &nbsp;&nbsp;&nbsp; Chicago O'Hare International Airport, ARB, Class A, AMT, <br> Senior Lien, 4.63%, 01/01/53<br>| 1260 | &nbsp;&nbsp; 1229805 |
| Illinois Finance Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series C, 4.00%, 02/15/27<sup>(g)</sup> | 2930 | &nbsp;&nbsp; 2981194 |
| &nbsp;&nbsp;&nbsp; Series C, 4.00%, 02/15/41 | 10 | &nbsp;&nbsp; 9738 |
| &nbsp;&nbsp;&nbsp; Illinois Housing Development Authority, RB, S/F Housing, <br> Series N, Sustainability Bonds, (FHLMC, FNMA, <br> GNMA), 6.25%, 04/01/54<br>| 740 | &nbsp;&nbsp; 804690 |
| &nbsp;&nbsp;&nbsp; Metropolitan Pier & Exposition Authority, RB, 5.00%, <br> 06/15/57<br>| 870 | &nbsp;&nbsp; 866172 |
| &nbsp;&nbsp;&nbsp; Metropolitan Pier & Exposition Authority, Refunding RB, <br> Series B, (AGM), 0.00%, 06/15/44<sup>(c)</sup><br>| 5175 | &nbsp;&nbsp; 2218091 |
| State of Illinois, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series B, 5.25%, 05/01/43 | 500 | &nbsp;&nbsp; 526287 |
| &nbsp;&nbsp;&nbsp; Series E, 5.00%, 09/01/43 | 765 | &nbsp;&nbsp; 799345 |
|  |  | &nbsp;&nbsp; 14579878 |
| **Indiana — 0.4%** | **Indiana — 0.4%** |  |
| Indiana Finance Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series C, 5.25%, 10/01/46 | 640 | &nbsp;&nbsp; 690479 |
| &nbsp;&nbsp;&nbsp; Series C, 5.25%, 10/01/47 | 220 | &nbsp;&nbsp; 236707 |
|  |  | &nbsp;&nbsp; 927186 |
| **Kansas — 0.1%** | **Kansas — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Ellis County Unified School District No. 489 Hays, <br> Refunding GO, Series B, (AGM), 4.00%, 09/01/52<br>| 260 | &nbsp;&nbsp; 241172 |
| **Kentucky — 1.2%** | **Kentucky — 1.2%** |  |
| &nbsp;&nbsp;&nbsp; Kentucky Public Transportation Infrastructure Authority, <br> RB, CAB, Convertible, 6.75%, 07/01/43<sup>(h)</sup><br>| 1200 | &nbsp;&nbsp; 1360590 |
| University of Kentucky, RB, Class A, 5.00%, 04/01/55 | 1610 | &nbsp;&nbsp; 1660104 |
|  |  | &nbsp;&nbsp; 3020694 |
| **Louisiana — 1.3%** | **Louisiana — 1.3%** |  |
| Louisiana Public Facilities Authority, RB, 5.25%, 10/01/53 | 1200 | &nbsp;&nbsp; 1198729 |
| &nbsp;&nbsp;&nbsp; Louisiana Public Facilities Authority, Refunding RB, <br> Series A, Class A, 4.00%, 12/15/27<sup>(g)</sup><br>| 60 | &nbsp;&nbsp; 61551 |
| &nbsp;&nbsp;&nbsp; Parish of East Baton Rouge Capital Improvements <br> District, RB, 5.00%, 08/01/46<br>| 610 | &nbsp;&nbsp; 644164 |
| &nbsp;&nbsp;&nbsp; Port New Orleans Board of Commissioners, ARB, <br> Series E, AMT, 5.00%, 04/01/44<br>| 1345 | &nbsp;&nbsp; 1366317 |
|  |  | &nbsp;&nbsp; 3270761 |
| **Maryland — 0.2%** | **Maryland — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Maryland Health & Higher Educational Facilities Authority, <br> Refunding RB, 5.25%, 07/01/50<br>| 500 | &nbsp;&nbsp; 521014 |
| **Massachusetts — 2.2%** | **Massachusetts — 2.2%** |  |
| &nbsp;&nbsp;&nbsp; Commonwealth of Massachusetts Transportation Fund <br> Revenue, RB, Series B, 5.00%, 06/01/52<br>| 1335 | &nbsp;&nbsp; 1387544 |
| &nbsp;&nbsp;&nbsp; Commonwealth of Massachusetts, GOL, Series D, 5.00%, <br> 10/01/50<br>| 1285 | &nbsp;&nbsp; 1345438 |
| &nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency, RB, <br> Series A, 5.00%, 01/01/47<br>| 1150 | &nbsp;&nbsp; 1118838 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Massachusetts (continued)** | **Massachusetts (continued)** |  |
| &nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency, Refunding <br> RB, 4.13%, 10/01/42<sup>(b)</sup><br>| 470 | &nbsp;&nbsp; $435898 |
| &nbsp;&nbsp;&nbsp; Massachusetts Port Authority, ARB, Series E, AMT, <br> 5.00%, 07/01/46<br>| 1110 | &nbsp;&nbsp; 1132044 |
|  |  | &nbsp;&nbsp; 5419762 |
| **Michigan — 1.7%** | **Michigan — 1.7%** |  |
| &nbsp;&nbsp;&nbsp; Michigan Finance Authority, RB, Sustainability Bonds, <br> 5.50%, 02/28/57<br>| 2830 | &nbsp;&nbsp; 2965586 |
| Michigan Strategic Fund, RB, AMT, 5.00%, 12/31/43 | 1070 | &nbsp;&nbsp; 1071160 |
|  |  | &nbsp;&nbsp; 4036746 |
| **Minnesota — 1.4%** | **Minnesota — 1.4%** |  |
| Duluth Economic Development Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.25%, 02/15/48 | 1995 | &nbsp;&nbsp; 1862813 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 02/15/58 | 1480 | &nbsp;&nbsp; 1488605 |
|  |  | &nbsp;&nbsp; 3351418 |
| **Missouri — 3.1%** | **Missouri — 3.1%** |  |
| &nbsp;&nbsp;&nbsp; Health & Educational Facilities Authority of the State of <br> Missouri, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 02/15/49 | 2630 | &nbsp;&nbsp; 2360763 |
| &nbsp;&nbsp;&nbsp; Series C, 5.00%, 11/15/42 | 2570 | &nbsp;&nbsp; 2611483 |
| Kansas City Industrial Development Authority, ARB |  |  |
| &nbsp;&nbsp;&nbsp; Class B, AMT, (AGM), 5.00%, 03/01/49 | 640 | &nbsp;&nbsp; 643475 |
| &nbsp;&nbsp;&nbsp; Class B, AMT, (AGM), 5.00%, 03/01/55 | 640 | &nbsp;&nbsp; 641650 |
| &nbsp;&nbsp;&nbsp; Missouri Housing Development Commission, RB, S/F <br> Housing, Series C, (FHLMC, FNMA, GNMA), 4.70%, <br> 11/01/54<br>| 1310 | &nbsp;&nbsp; 1292987 |
|  |  | &nbsp;&nbsp; 7550358 |
| **Nevada — 0.6%** | **Nevada — 0.6%** |  |
| &nbsp;&nbsp;&nbsp; Las Vegas Valley Water District, GOL, Series A, 5.25%, <br> 06/01/55<br>| 1405 | &nbsp;&nbsp; 1505798 |
| **New Hampshire — 1.5%** | **New Hampshire — 1.5%** |  |
| New Hampshire Business Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series 2025-1, Class A1, 4.09%, 01/20/41<sup>(a)</sup> | 368 | &nbsp;&nbsp; 366747 |
| &nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, 5.50%, 06/01/55 | 1830 | &nbsp;&nbsp; 1925104 |
| &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 | 555 | &nbsp;&nbsp; 579398 |
| &nbsp;&nbsp;&nbsp; Series 2025, Subordinate, 5.15%, 09/28/37 | 875 | &nbsp;&nbsp; 885082 |
|  |  | &nbsp;&nbsp; 3756331 |
| **New Jersey — 9.7%** | **New Jersey — 9.7%** |  |
| New Jersey Economic Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Class A, 5.25%, 11/01/47 | 1740 | &nbsp;&nbsp; 1838857 |
| &nbsp;&nbsp;&nbsp; Series EEE, 5.00%, 06/15/48 | 5845 | &nbsp;&nbsp; 5952562 |
| &nbsp;&nbsp;&nbsp; New Jersey Economic Development Authority, Refunding <br> SAB, 5.75%, 04/01/31<br>| 2240 | &nbsp;&nbsp; 2253126 |
| &nbsp;&nbsp;&nbsp; New Jersey Higher Education Student Assistance <br> Authority, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series 1-B, AMT, 4.50%, 12/01/45 | 305 | &nbsp;&nbsp; 312799 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 4.00%, 12/01/41 | 860 | &nbsp;&nbsp; 854208 |
| &nbsp;&nbsp;&nbsp; Series C, AMT, Subordinate, 5.00%, 12/01/52 | 1245 | &nbsp;&nbsp; 1235204 |
| New Jersey Transportation Trust Fund Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 12/15/28<sup>(g)</sup> | 430 | &nbsp;&nbsp; 461993 |
| &nbsp;&nbsp;&nbsp; Series BB, 5.00%, 06/15/46 | 1485 | &nbsp;&nbsp; 1559120 |
| &nbsp;&nbsp;&nbsp; New Jersey Transportation Trust Fund Authority, <br> Refunding RB, Series A, 4.25%, 06/15/40<br>| 3225 | &nbsp;&nbsp; 3298705 |
| &nbsp;&nbsp;&nbsp; New Jersey Turnpike Authority, RB, Series A, 5.25%, <br> 01/01/55<br>| 1085 | &nbsp;&nbsp; 1166742 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

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

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **New Jersey (continued)** | **New Jersey (continued)** |  |
| Tobacco Settlement Financing Corp., Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/46 | 255 | &nbsp;&nbsp; $252253 |
| &nbsp;&nbsp;&nbsp; Sub-Series B, 5.00%, 06/01/46 | 4975 | &nbsp;&nbsp; 4843849 |
|  |  | &nbsp;&nbsp; 24029418 |
| **New York — 18.0%** | **New York — 18.0%** |  |
| City of New York, GO, Series G-1, 5.25%, 02/01/53 | 200 | &nbsp;&nbsp; 213126 |
| &nbsp;&nbsp;&nbsp; Erie Tobacco Asset Securitization Corp., Refunding RB, <br> Series A, 5.00%, 06/01/45<br>| 1960 | &nbsp;&nbsp; 1618729 |
| Metropolitan Transportation Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series C-1, Sustainability Bonds, 4.75%, 11/15/45 | 1585 | &nbsp;&nbsp; 1590082 |
| &nbsp;&nbsp;&nbsp; Series C-1, Sustainability Bonds, 5.00%, 11/15/50 | 515 | &nbsp;&nbsp; 523672 |
| &nbsp;&nbsp;&nbsp; Series C-1, Sustainability Bonds, 5.25%, 11/15/55 | 760 | &nbsp;&nbsp; 782067 |
| &nbsp;&nbsp;&nbsp; New York City Housing Development Corp., RB, M/F <br> Housing, Sustainability Bonds, (HUD SECT 8), 4.80%, <br> 02/01/53<br>| 5000 | &nbsp;&nbsp; 5019694 |
| &nbsp;&nbsp;&nbsp; New York City Municipal Water Finance Authority, RB, <br> Series BB, 5.25%, 06/15/55<br>| 475 | &nbsp;&nbsp; 508594 |
| &nbsp;&nbsp;&nbsp; New York City Municipal Water Finance Authority, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series DD, 4.13%, 06/15/46 | 370 | &nbsp;&nbsp; 360404 |
| &nbsp;&nbsp;&nbsp; Series DD, 4.13%, 06/15/47 | 6310 | &nbsp;&nbsp; 6131046 |
| &nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future Tax <br> Secured Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, Subordinate, 5.25%, 05/01/52 | 820 | &nbsp;&nbsp; 877097 |
| &nbsp;&nbsp;&nbsp; Series E, Subordinate, 5.00%, 11/01/53 | 725 | &nbsp;&nbsp; 754171 |
| &nbsp;&nbsp;&nbsp; Series F-1, Subordinate, 4.00%, 02/01/51 | 3200 | &nbsp;&nbsp; 2967121 |
| &nbsp;&nbsp;&nbsp; Series H-1, Subordinate, 5.00%, 11/01/50 | 1370 | &nbsp;&nbsp; 1431936 |
| New York Counties Tobacco Trust IV, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/38 | 1825 | &nbsp;&nbsp; 1698600 |
| &nbsp;&nbsp;&nbsp; Series A, 6.25%, 06/01/41<sup>(b)</sup> | 1670 | &nbsp;&nbsp; 1606943 |
| New York Liberty Development Corp., Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 3.13%, 09/15/50 | 315 | &nbsp;&nbsp; 238803 |
| &nbsp;&nbsp;&nbsp; Class 2, 5.38%, 11/15/40<sup>(b)</sup> | 850 | &nbsp;&nbsp; 850156 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, (BAM-TCRS), 3.00%, <br> 11/15/51<br>| 2370 | &nbsp;&nbsp; 1740756 |
| New York State Dormitory Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Class A, 5.25%, 05/01/54 | 2150 | &nbsp;&nbsp; 2239063 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 03/15/44 | 1080 | &nbsp;&nbsp; 1039062 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 03/15/54 | 545 | &nbsp;&nbsp; 503851 |
| New York Transportation Development Corp., ARB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.63%, 04/01/40 | 470 | &nbsp;&nbsp; 493521 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, (AGM), 6.00%, 06/30/60 | 1035 | &nbsp;&nbsp; 1118736 |
| New York Transportation Development Corp., RB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 10/01/35 | 1050 | &nbsp;&nbsp; 1098377 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, (AGM), 5.25%, 06/30/60 | 1950 | &nbsp;&nbsp; 1985064 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 5.50%, 06/30/60 | 1120 | &nbsp;&nbsp; 1143487 |
| &nbsp;&nbsp;&nbsp; New York Transportation Development Corp., Refunding <br> RB, Series A, AMT, Sustainability Bonds, (AGM), <br> 5.25%, 12/31/54<br>| 1525 | &nbsp;&nbsp; 1570273 |
| &nbsp;&nbsp;&nbsp; Triborough Bridge & Tunnel Authority Sales Tax Revenue, <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 05/15/48 | 3055 | &nbsp;&nbsp; 2874759 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 05/15/52 | 400 | &nbsp;&nbsp; 422411 |
| &nbsp;&nbsp;&nbsp; Triborough Bridge & Tunnel Authority, RB, Series A-1, <br> 4.00%, 11/15/54<br>| 1155 | &nbsp;&nbsp; 1063239 |
|  |  | &nbsp;&nbsp; 44464840 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **North Dakota — 0.7%** | **North Dakota — 0.7%** |  |
| &nbsp;&nbsp;&nbsp; North Dakota Housing Finance Agency, RB, S/F Housing, <br> Series C, Sustainability Bonds, 4.75%, 07/01/49<br>| $1770 | &nbsp;&nbsp; $1793651 |
| **Ohio — 1.3%** | **Ohio — 1.3%** |  |
| &nbsp;&nbsp;&nbsp; Buckeye Tobacco Settlement Financing Authority, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-2, Class 1, 4.00%, 06/01/48 | 830 | &nbsp;&nbsp; 718579 |
| &nbsp;&nbsp;&nbsp; Series B-2, Class 2, 5.00%, 06/01/55 | 1755 | &nbsp;&nbsp; 1470759 |
| County of Franklin Ohio, RB, Series A, 5.00%, 12/01/47 | 400 | &nbsp;&nbsp; 402943 |
| &nbsp;&nbsp;&nbsp; County of Hamilton Ohio, RB, Series CC, 5.00%, <br> 11/15/49<br>| 530 | &nbsp;&nbsp; 575942 |
|  |  | &nbsp;&nbsp; 3168223 |
| **Oklahoma — 0.2%** | **Oklahoma — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Tulsa Municipal Airport Trust Trustees, Refunding ARB, <br> AMT, 6.25%, 12/01/35<br>| 485 | &nbsp;&nbsp; 559301 |
| **Pennsylvania — 3.1%** | **Pennsylvania — 3.1%** |  |
| Allegheny County Airport Authority, ARB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, (AGM), 5.50%, 01/01/48 | 235 | &nbsp;&nbsp; 247851 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, (AGM-CR), 4.00%, 01/01/56 | 605 | &nbsp;&nbsp; 527136 |
| &nbsp;&nbsp;&nbsp; City of Philadelphia Pennsylvania Water & Wastewater <br> Revenue, RB, Series C, (AGM), 5.25%, 09/01/54<br>| 2295 | &nbsp;&nbsp; 2455584 |
| &nbsp;&nbsp;&nbsp; Montgomery County Higher Education and Health <br> Authority, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/01/51 | 510 | &nbsp;&nbsp; 450586 |
| &nbsp;&nbsp;&nbsp; 5.00%, 09/01/48 | 345 | &nbsp;&nbsp; 349960 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Economic Development Financing Authority, <br> RB, 5.00%, 06/30/42<br>| 850 | &nbsp;&nbsp; 852084 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Economic Development Financing Authority, <br> Refunding RB, AMT, 5.50%, 11/01/44<br>| 1035 | &nbsp;&nbsp; 1035599 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Higher Educational Facilities Authority, <br> Refunding RB, Series B-1, (AGM), 5.00%, 11/01/51<br>| 480 | &nbsp;&nbsp; 496010 |
| &nbsp;&nbsp;&nbsp; Philadelphia Gas Works Co., Refunding RB, Series A, <br> 5.25%, 08/01/49<br>| 1080 | &nbsp;&nbsp; 1145844 |
|  |  | &nbsp;&nbsp; 7560654 |
| **Puerto Rico — 5.8%** | **Puerto Rico — 5.8%** |  |
| Commonwealth of Puerto Rico, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 5.63%, 07/01/29 | 1435 | &nbsp;&nbsp; 1532309 |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 5.75%, 07/01/31 | 1295 | &nbsp;&nbsp; 1435792 |
| &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 | 1084 | &nbsp;&nbsp; 1024924 |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 5.00%, 07/01/58 | 6313 | &nbsp;&nbsp; 6131443 |
| &nbsp;&nbsp;&nbsp; Series A-2, Restructured, 4.78%, 07/01/58 | 2941 | &nbsp;&nbsp; 2765706 |
| &nbsp;&nbsp;&nbsp; Puerto Rico Sales Tax Financing Corp. Sales Tax <br> Revenue, RB, CAB, Series A-1, Restructured, 0.00%, <br> 07/01/46<sup>(c)</sup><br>| 4251 | &nbsp;&nbsp; 1479486 |
|  |  | &nbsp;&nbsp; 14369660 |
| **South Carolina — 3.7%** | **South Carolina — 3.7%** |  |
| &nbsp;&nbsp;&nbsp; South Carolina Jobs-Economic Development Authority, <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 11/01/48 | 1420 | &nbsp;&nbsp; 1520759 |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 11/01/49 | 1865 | &nbsp;&nbsp; 1992557 |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 11/01/50 | 145 | &nbsp;&nbsp; 154562 |
| &nbsp;&nbsp;&nbsp; South Carolina Jobs-Economic Development Authority, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 12/01/44 | 1820 | &nbsp;&nbsp; 1710982 |

---

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

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

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **South Carolina (continued)** | **South Carolina (continued)** |  |
| &nbsp;&nbsp;&nbsp; South Carolina Jobs-Economic Development Authority, <br> Refunding RB (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 11/15/47 | 1050 | &nbsp;&nbsp; $1039153 |
| &nbsp;&nbsp;&nbsp; South Carolina Ports Authority, ARB, Series B, AMT, <br> 4.00%, 07/01/49<br>| 650 | &nbsp;&nbsp; 582391 |
| &nbsp;&nbsp;&nbsp; South Carolina Public Service Authority, Refunding RB, <br> Series B, 5.00%, 12/01/46<br>| 2110 | &nbsp;&nbsp; 2198127 |
|  |  | &nbsp;&nbsp; 9198531 |
| **Tennessee — 1.0%** | **Tennessee — 1.0%** |  |
| &nbsp;&nbsp;&nbsp; Metropolitan Government of Nashville & Davidson County <br> TN Water & Sewer Revenue, Refunding RB, 5.25%, <br> 07/01/55<br>| 630 | &nbsp;&nbsp; 671098 |
| Tennergy Corp., RB, Series A, 5.50%, 10/01/53<sup>(a)</sup> | 1640 | &nbsp;&nbsp; 1778365 |
|  |  | &nbsp;&nbsp; 2449463 |
| **Texas — 9.2%** | **Texas — 9.2%** |  |
| Arlington Higher Education Finance Corp., RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 7.50%, 04/01/62 | 435 | &nbsp;&nbsp; 217500 |
| &nbsp;&nbsp;&nbsp; 7.88%, 11/01/62 | 370 | &nbsp;&nbsp; 222000 |
| &nbsp;&nbsp;&nbsp; Celina Independent School District, GO, (PSF), 4.00%, <br> 02/15/53<br>| 1545 | &nbsp;&nbsp; 1447333 |
| &nbsp;&nbsp;&nbsp; City of Austin Texas Water & Wastewater System <br> Revenue, Refunding RB, 5.00%, 11/15/53<br>| 640 | &nbsp;&nbsp; 674854 |
| &nbsp;&nbsp;&nbsp; City of Corpus Christi Texas Utility System Revenue, <br> Refunding RB, 4.13%, 07/15/53<br>| 930 | &nbsp;&nbsp; 861722 |
| &nbsp;&nbsp;&nbsp; City of Garland Texas Electric Utility System Revenue, <br> Refunding RB, (AGM), 4.25%, 03/01/48<br>| 190 | &nbsp;&nbsp; 185409 |
| &nbsp;&nbsp;&nbsp; City of Houston Texas Airport System Revenue, ARB, <br> Series B, AMT, 5.50%, 07/15/38<br>| 310 | &nbsp;&nbsp; 336576 |
| &nbsp;&nbsp;&nbsp; City of Houston Texas Airport System Revenue, Refunding <br> ARB, Series A, AMT, 1st Lien, Subordinate, (AGM), <br> 5.25%, 07/01/48<br>| 1745 | &nbsp;&nbsp; 1824982 |
| &nbsp;&nbsp;&nbsp; City of Houston Texas Airport System Revenue, Refunding <br> RB, AMT, 5.00%, 07/01/29<br>| 635 | &nbsp;&nbsp; 635004 |
| City of Houston Texas, GOL, Series A, 5.25%, 03/01/49 | 1375 | &nbsp;&nbsp; 1472643 |
| &nbsp;&nbsp;&nbsp; City of Houston Texas, Refunding GOL, Series A, 5.25%, <br> 03/01/42<br>| 210 | &nbsp;&nbsp; 227382 |
| City of Hutto Texas, GOL, (BAM), 4.13%, 08/01/49 | 470 | &nbsp;&nbsp; 450950 |
| &nbsp;&nbsp;&nbsp; City of San Antonio Texas Electric & Gas Systems <br> Revenue, Refunding RB, Series E, 5.25%, 02/01/49<br>| 4500 | &nbsp;&nbsp; 4843161 |
| &nbsp;&nbsp;&nbsp; Clifton Higher Education Finance Corp., Refunding RB, <br> Series A, (PSF), 4.13%, 08/15/49<br>| 1155 | &nbsp;&nbsp; 1115328 |
| &nbsp;&nbsp;&nbsp; County of Harris Texas, Refunding GO, Series A, 4.25%, <br> 09/15/48<br>| 390 | &nbsp;&nbsp; 386772 |
| &nbsp;&nbsp;&nbsp; Leander Independent School District, Refunding GO, <br> Series A, (PSF), 5.00%, 08/15/50<br>| 1345 | &nbsp;&nbsp; 1421996 |
| &nbsp;&nbsp;&nbsp; Longview Independent School District, GO, (PSF), 4.00%, <br> 02/15/49<br>| 1120 | &nbsp;&nbsp; 1060464 |
| &nbsp;&nbsp;&nbsp; New Hope Cultural Education Facilities Finance Corp., <br> RB, Series A, 5.50%, 08/15/49<br>| 1505 | &nbsp;&nbsp; 1651515 |
| &nbsp;&nbsp;&nbsp; Northwest Independent School District, GO, (PSF), <br> 5.25%, 02/15/55<br>| 700 | &nbsp;&nbsp; 747835 |
| Tarrant Regional Water District, RB, 4.25%, 09/01/55 | 625 | &nbsp;&nbsp; 600779 |
| &nbsp;&nbsp;&nbsp; Texas Department of Housing & Community Affairs, RB, <br> S/F Housing, Series C, (GNMA), 5.00%, 09/01/48<br>| 1620 | &nbsp;&nbsp; 1656586 |
| &nbsp;&nbsp;&nbsp; Waller Consolidated Independent School District, GO, <br> Series A, (PSF), 4.00%, 02/15/48<br>| 750 | &nbsp;&nbsp; 717914 |
|  |  | &nbsp;&nbsp; 22758705 |
| **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>| 135 | &nbsp;&nbsp; 136368 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Utah (continued)** | **Utah (continued)** |  |
| Downtown Revitalization Public Infrastructure District, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 1st Lien, (AGM), 5.50%, 06/01/55 | 650 | &nbsp;&nbsp; $700176 |
| &nbsp;&nbsp;&nbsp; Series B, 2nd Lien, (AGM), 5.50%, 06/01/50 | 1550 | &nbsp;&nbsp; 1682661 |
| &nbsp;&nbsp;&nbsp; Series B, 2nd Lien, (AGM), 5.50%, 06/01/55 | 230 | &nbsp;&nbsp; 247569 |
|  |  | &nbsp;&nbsp; 2766774 |
| **Virginia — 0.7%** | **Virginia — 0.7%** |  |
| &nbsp;&nbsp;&nbsp; Henrico County Economic Development Authority, <br> Refunding RB, Series A, 5.00%, 11/01/48<br>| 665 | &nbsp;&nbsp; 692333 |
| &nbsp;&nbsp;&nbsp; Virginia Housing Development Authority, RB, M/F <br> Housing, Series A, 4.60%, 09/01/49<br>| 1035 | &nbsp;&nbsp; 1034931 |
|  |  | &nbsp;&nbsp; 1727264 |
| **Washington — 1.2%** | **Washington — 1.2%** |  |
| &nbsp;&nbsp;&nbsp; Port of Seattle Washington, ARB, Series B, AMT, <br> Intermediate Lien, 5.50%, 10/01/50<br>| 2525 | &nbsp;&nbsp; 2726479 |
| &nbsp;&nbsp;&nbsp; Washington Health Care Facilities Authority, Refunding <br> RB, Series A, 5.50%, 09/01/55<br>| 195 | &nbsp;&nbsp; 207092 |
|  |  | &nbsp;&nbsp; 2933571 |
| **Wisconsin — 2.0%** | **Wisconsin — 2.0%** |  |
| Public Finance Authority, RB, AMT, 6.50%, 12/31/65 | 2015 | &nbsp;&nbsp; 2213051 |
| &nbsp;&nbsp;&nbsp; Wisconsin Health & Educational Facilities Authority, RB, <br> Class A, 5.50%, 02/15/54<br>| 1445 | &nbsp;&nbsp; 1527155 |
| &nbsp;&nbsp;&nbsp; Wisconsin Housing & Economic Development Authority <br> Home Ownership Revenue, RB, S/F Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, (FHLMC, FNMA, <br> GNMA), 4.85%, 09/01/43<br>| 320 | &nbsp;&nbsp; 327871 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series C, Sustainability Bonds, (FHLMC, FNMA, <br> GNMA), 4.75%, 03/01/51<br>| 925 | &nbsp;&nbsp; 928567 |
|  |  | &nbsp;&nbsp; 4996644 |
| **Total Municipal Bonds — 102.5%** <br>**(Cost: $245,878,846)** | **Total Municipal Bonds — 102.5%** <br>**(Cost: $245,878,846)** | &nbsp;&nbsp; 253027352 |
| **Municipal Bonds Transferred to Tender Option Bond Trusts**<sup>(i)</sup> | **Municipal Bonds Transferred to Tender Option Bond Trusts**<sup>(i)</sup> | **Municipal Bonds Transferred to Tender Option Bond Trusts**<sup>(i)</sup> |
| **Alabama**<sup>(a)</sup> **— 8.9%** | **Alabama**<sup>(a)</sup> **— 8.9%** |  |
| &nbsp;&nbsp;&nbsp; Energy Southeast A Cooperative District, RB, Series B-1, <br> 5.75%, 04/01/54<br>| 10000 | &nbsp;&nbsp; 11238252 |
| &nbsp;&nbsp;&nbsp; Southeast Energy Authority A Cooperative District, RB, <br> Series A, 5.25%, 01/01/54<br>| 10000 | &nbsp;&nbsp; 10619621 |
|  |  | &nbsp;&nbsp; 21857873 |
| **District of Columbia — 4.2%** | **District of Columbia — 4.2%** |  |
| &nbsp;&nbsp;&nbsp; District of Columbia Income Tax Revenue, Refunding RB, <br> Series A, 5.00%, 06/01/50<br>| 4560 | &nbsp;&nbsp; 4816360 |
| &nbsp;&nbsp;&nbsp; Metropolitan Washington Airports Authority Aviation <br> Revenue, Refunding ARB, Series A, AMT, 5.50%, <br> 10/01/54<br>| 5180 | &nbsp;&nbsp; 5481465 |
|  |  | &nbsp;&nbsp; 10297825 |
| **Florida — 8.4%** | **Florida — 8.4%** |  |
| &nbsp;&nbsp;&nbsp; City of Melbourne Florida Water & Sewer Revenue, RB, <br> 5.00%, 11/15/50<br>| 3090 | &nbsp;&nbsp; 3236021 |
| &nbsp;&nbsp;&nbsp; County of Miami-Dade Florida Aviation Revenue, <br> Refunding ARB, Series A, AMT, 5.25%, 10/01/50<br>| 2735 | &nbsp;&nbsp; 2871608 |
| &nbsp;&nbsp;&nbsp; Greater Orlando Aviation Authority, ARB, AMT, 5.25%, <br> 10/01/51<sup>(j)</sup><br>| 4620 | &nbsp;&nbsp; 4856957 |
| Tampa Bay Water, RB, Series A, 5.25%, 10/01/54<sup>(j)</sup> | 5793 | &nbsp;&nbsp; 6193657 |
| Tender Opt Bd Tr Rcpts, 5.25%, 10/01/55 | 3320 | &nbsp;&nbsp; 3540009 |
|  |  | &nbsp;&nbsp; 20698252 |
| **Georgia — 1.5%** | **Georgia — 1.5%** |  |
| &nbsp;&nbsp;&nbsp; County of DeKalb Georgia Water & Sewerage Revenue, <br> RB, Series A, 5.00%, 10/01/55<sup>(j)</sup><br>| 3500 | &nbsp;&nbsp; 3666429 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

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

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Michigan — 1.1%** | **Michigan — 1.1%** |  |
| &nbsp;&nbsp;&nbsp; Michigan State Housing Development Authority, RB, M/F <br> Housing, Series A, 5.00%, 10/01/48<br>| $2551 | &nbsp;&nbsp; $2623416 |
| **Missouri — 1.2%** | **Missouri — 1.2%** |  |
| &nbsp;&nbsp;&nbsp; Missouri Housing Development Commission, RB, S/F <br> Housing, Series E, 4.60%, 11/01/49<br>| 3080 | &nbsp;&nbsp; 3053891 |
| **New York — 12.2%** | **New York — 12.2%** |  |
| City of New York, GO, Series B, 5.25%, 10/01/47 | 2940 | &nbsp;&nbsp; 3098454 |
| &nbsp;&nbsp;&nbsp; New York City Housing Development Corp., RB, M/F <br> Housing, Series E-1, Sustainability Bonds, 4.70%, <br> 11/01/48<sup>(j)</sup><br>| 2460 | &nbsp;&nbsp; 2483346 |
| &nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future Tax <br> Secured Revenue, RB, Series C, 5.25%, 05/01/48<br>| 4240 | &nbsp;&nbsp; 4498196 |
| New York State Dormitory Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 03/15/47<sup>(j)</sup> | 4630 | &nbsp;&nbsp; 4878454 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 03/15/53<sup>(j)</sup> | 3118 | &nbsp;&nbsp; 3254971 |
| &nbsp;&nbsp;&nbsp; Series E, 5.00%, 03/15/46 | 3940 | &nbsp;&nbsp; 4037763 |
| &nbsp;&nbsp;&nbsp; Port Authority of New York & New Jersey, Refunding ARB, <br> AMT, 5.00%, 01/15/47<sup>(j)</sup><br>| 3860 | &nbsp;&nbsp; 3977955 |
| &nbsp;&nbsp;&nbsp; Triborough Bridge & Tunnel Authority, RB, Series A, <br> 5.50%, 11/15/57<br>| 3524 | &nbsp;&nbsp; 3771368 |
|  |  | &nbsp;&nbsp; 30000507 |
| **Oregon — 3.1%** | **Oregon — 3.1%** |  |
| &nbsp;&nbsp;&nbsp; Port of Portland Oregon Airport Revenue, Refunding ARB, <br> Series 29, AMT, Sustainability Bonds, 5.50%, 07/01/48<br>| 7232 | &nbsp;&nbsp; 7698545 |
| **Pennsylvania — 4.8%** | **Pennsylvania — 4.8%** |  |
| Pennsylvania Housing Finance Agency, RB, S/F Housing |  |  |
| &nbsp;&nbsp;&nbsp; Series 143A, Sustainability Bonds, 6.25%, 10/01/53 | 4528 | &nbsp;&nbsp; 4909654 |
| &nbsp;&nbsp;&nbsp; Series 145A, Sustainability Bonds, 4.75%, 10/01/49 | 3830 | &nbsp;&nbsp; 3847210 |
| &nbsp;&nbsp;&nbsp; Series 147 A, Sustainability Bonds, 4.70%, 10/01/49<sup>(j)</sup> | 3000 | &nbsp;&nbsp; 3021409 |
|  |  | &nbsp;&nbsp; 11778273 |
| **South Carolina — 2.8%** | **South Carolina — 2.8%** |  |
| &nbsp;&nbsp;&nbsp; Patriots Energy Group Financing Agency, Refunding RB, <br> Series B-1, 5.25%, 02/01/54<sup>(a)</sup><br>| 6463 | &nbsp;&nbsp; 7029136 |
| **Texas — 10.4%** | **Texas — 10.4%** |  |
| &nbsp;&nbsp;&nbsp; Austin Community College District, Refunding GOL, <br> 5.25%, 08/01/55<br>| 5260 | &nbsp;&nbsp; 5590661 |
| &nbsp;&nbsp;&nbsp; City of Houston Texas Airport System Revenue, Refunding <br> ARB, Series A, AMT, Subordinate Lien, 5.50%, <br> 07/01/55<br>| 7858 | &nbsp;&nbsp; 8383424 |
| &nbsp;&nbsp;&nbsp; City of San Antonio Texas Electric & Gas Systems <br> Revenue, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 02/01/49 | 2969 | &nbsp;&nbsp; 3184752 |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 02/01/50<sup>(j)</sup> | 2474 | &nbsp;&nbsp; 2685258 |
| &nbsp;&nbsp;&nbsp; North Texas Municipal Water District, RB, 5.00%, <br> 06/01/50<sup>(j)</sup><br>| 2319 | &nbsp;&nbsp; 2414432 |
| &nbsp;&nbsp;&nbsp; Terrell Independent School District, GO, (PSF), 5.25%, <br> 08/01/55<sup>(j)</sup><br>| 3220 | &nbsp;&nbsp; 3456794 |
|  |  | &nbsp;&nbsp; 25715321 |
| **Utah — 1.7%** | **Utah — 1.7%** |  |
| &nbsp;&nbsp;&nbsp; City of Salt Lake City Utah Airport Revenue, ARB, <br> Series A, AMT, 5.50%, 07/01/53<sup>(j)</sup><br>| 4062 | &nbsp;&nbsp; 4288844 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Washington — 2.2%** | **Washington — 2.2%** |  |
| &nbsp;&nbsp;&nbsp; Port of Seattle Washington, Refunding ARB, Series C, <br> AMT, 5.00%, 08/01/46<br>| $5390 | &nbsp;&nbsp; $5509657 |
| **Total Municipal Bonds Transferred to Tender Option Bond** <br>**Trusts — 62.5%** <br>**(Cost: $149,920,156)** | **Total Municipal Bonds Transferred to Tender Option Bond** <br>**Trusts — 62.5%** <br>**(Cost: $149,920,156)** | &nbsp;&nbsp; 154217969 |
| **Total Long-Term Investments — 165.0%** <br>**(Cost: $395,799,002)** | **Total Long-Term Investments — 165.0%** <br>**(Cost: $395,799,002)** | &nbsp;&nbsp; 407245321 |

---

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

---

| | | |
|:---|:---|:---|
|  | <br>*Shares*<br>|  |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 2.0%** | **Money Market Funds — 2.0%** |  |
| &nbsp;&nbsp;&nbsp; BlackRock Liquidity Funds, MuniCash, Institutional <br> Shares, 3.01%<sup>(k)(l)</sup><br>| 5006944 | &nbsp;&nbsp; 5007445 |
| **Total Short-Term Securities — 2.0%** <br>**(Cost: $5,007,247)** | **Total Short-Term Securities — 2.0%** <br>**(Cost: $5,007,247)** | &nbsp;&nbsp; 5007445 |
| **Total Investments — 167.0%** <br>**(Cost: $400,806,249)** | **Total Investments — 167.0%** <br>**(Cost: $400,806,249)** | &nbsp;&nbsp; 412252766 |
| **Other Assets Less Liabilities — 1.8%** | **Other Assets Less Liabilities — 1.8%** | &nbsp;&nbsp; 4362190 |
| **Liability for TOB Trust Certificates, Including Interest Expense and** <br> **Fees Payable — (37.3)%** | **Liability for TOB Trust Certificates, Including Interest Expense and** <br> **Fees Payable — (37.3)%** | &nbsp;&nbsp; (92080784)<br>|
| **VMTP Shares at Liquidation Value, Net of Deferred Offering Costs —** <br> **(31.5)%** | **VMTP Shares at Liquidation Value, Net of Deferred Offering Costs —** <br> **(31.5)%** | &nbsp;&nbsp; (77700000)<br>|
| **Net Assets Applicable to Common Shares — 100.0%** | **Net Assets Applicable to Common Shares — 100.0%** | &nbsp;&nbsp; $246834172 |

---

&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 July 1, 2031 to October 1, 2042, is $30,438,885. 

<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 II, Inc. (MVT)** 

**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>| *Purchases* <br>*at Cost*<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 | $5713253 | $—<br> $(705807 )<sup>(a)</sup><br>| &nbsp;&nbsp; $194 | $(195)<br>| $5007445 | 5006944 | $29981 | $— |

---

&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; $253027352 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $253027352 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds Transferred to Tender Option Bond Trusts | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 154217969 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 154217969 |
| &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; 5007445 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 5007445 |
|  | &nbsp;&nbsp; $5007445 | &nbsp;&nbsp;&nbsp;&nbsp; $407245321 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $412252766 |

---

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; $(91651956)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(91651956)<br>|
| &nbsp;&nbsp;&nbsp; VMTP Shares at Liquidation Value | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (77700000)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (77700000)<br>|
|  | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(169351956)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(169351956)<br>|

---

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

---

| | |
|:---|:---|
| **Portfolio Abbreviation**  | **Portfolio Abbreviation**  |
| AGM | Assured Guaranty Municipal Corp. |
| AGM-CR | AGM Insured Custodial Receipt |

---

---

| | |
|:---|:---|
| **Portfolio Abbreviation (continued)** | **Portfolio Abbreviation (continued)** |
| AMT | Alternative Minimum Tax |
| ARB | Airport Revenue Bonds  |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

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

---

| | |
|:---|:---|
| **Portfolio Abbreviation (continued)** | **Portfolio Abbreviation (continued)** |
| BAM | Build America Mutual Assurance Co. |
| BAM-TCRS | &nbsp;&nbsp;&nbsp; Build America Mutual Assurance Co. - Transferable <br> Custodial Receipts<br>|
| CAB | Capital Appreciation Bonds |
| CR | Custodian Receipt |
| FHLMC | Federal Home Loan Mortgage Corp. |
| FNMA | Federal National Mortgage Association |
| GNMA | Government National Mortgage Association |
| GO | General Obligation Bonds |
| GOL | General Obligation Ltd. |
| HUD SECT 8 | &nbsp;&nbsp;&nbsp; U.S. Department of Housing and Urban Development <br> Section 8<br>|
| M/F | Multi-Family |
| PSF | Permanent School Fund |
| RB | Revenue Bonds |
| S/F | Single-Family |
| SAB | Special Assessment Bonds |
| SAN | State Aid Notes |

---

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** Wilmington

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

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

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

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

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

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

- **a. Date of fiscal year-end:** 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:** $420125831.21

**Total Liabilities:** $173241345.81

**Net Assets:** $246884485.40

**Delayed Delivery Securities:** $328507.20

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 127854.84000000 | **1-Year:** 2654.53000000 | **5-Year:** 73464.18000000 | **10-Year:** 78303.27000000 | **30-Year:** 56628.38000000

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

- **3-Month:** 3959.71000000 | **1-Year:** 4161.03000000 | **5-Year:** 2524.98000000 | **10-Year:** 7106.82000000 | **30-Year:** 23941.24000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 1.34%                | 5.20%                | 2.14%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1066166.62             | $3102451.96                                |
| Month 2  | $-872465.62              | $11849792.24                               |
| Month 3  | $-117152.64              | $4409219.79                                |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Allegheny County Airport Authority                                              | ALLEGHENY CNTY PA ARPT AUTH ARPT REVENUE                     | CUSIP: 01728LGH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    605000 | PA      | $527135.59    | 0.21%             | 2056-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                              | ALLEGHENY CNTY PA ARPT AUTH ARPT REVENUE                     | CUSIP: 01728LHD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $247850.60    | 0.10%             | 2048-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                          | ARKANSAS DEV FIN AUTH ENVIRONMENTAL REVENUE                  | CUSIP: 04110FAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $443989.28    | 0.18%             | 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        |    370000 | PA      | $222000.00    | 0.09%             | 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        |    435000 | PA      | $217500.00    | 0.09%             | 2062-04-01      | Fixed         | 7.50%                 | 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        |    640000 | PA      | $674854.40    | 0.27%             | 2053-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                  | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TBT3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    405000 | PA      | $428028.58    | 0.17%             | 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: 09182TEV5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1135756.24   | 0.46%             | 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        |    135000 | PA      | $136368.00    | 0.06%             | 2053-12-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Airport System Revenue                                     | BROWARD CNTY FL ARPT SYS REVENUE                             | CUSIP: 114894YS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $555926.32    | 0.23%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Water & Sewer Utility Revenue                              | BROWARD CNTY FL WTR & SWR UTILITY REVENUE                    | CUSIP: 115117NH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $204926.99    | 0.08%             | 2045-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                  | BUCKEYE OH TOBACCO SETTLEMENT FING AUTH                      | CUSIP: 118217CX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    830000 | PA      | $718578.64    | 0.29%             | 2048-06-01      | 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        |   1755000 | PA      | $1470758.80   | 0.60%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JGF7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    910000 | PA      | $998860.04    | 0.40%             | 2056-03-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                     | CALIFORNIA ST EDUCTNL FACS AUTH REVENUE                      | CUSIP: 130179GV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    920000 | PA      | $1055555.74   | 0.43%             | 2046-06-01      | Fixed         | 5.00%                 | 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        |   1135000 | PA      | $908000.00    | 0.37%             | 2065-01-01      | Floating      | 9.50%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048VCA4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1293354.34   | 0.52%             | 2047-12-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                | CALIFORNIA ST POLL CONTROL FING AUTH WTR FURNISHING REVENUE  | CUSIP: 13054WAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1495000 | PA      | $1495049.34   | 0.61%             | 2045-11-21      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Celebration Pointe Community Development District No 1                          | CELEBRATION POINTE CMNTY DEV DIST NO 1 FL SPL ASSMNT REVENUE | CUSIP: 15102HAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $304000.00    | 0.12%             | 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        |   1120000 | PA      | $896000.00    | 0.36%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Celina Independent School District                                              | CELINA TX INDEP SCH DIST                                     | CUSIP: 151145YA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1447333.13   | 0.59%             | 2053-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Central Valley Energy Authority                                                 | CENTRL VLY CA ENERGY AUTH COMMODITY SPLY REVENUE             | CUSIP: 15569DAA0<br>LEI: 254900G5IPQ9MA3FRJ55 | Long             | DBT              | MUN               | US        |    475000 | PA      | $525405.67    | 0.21%             | 2055-12-01      | Floating      | 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        |    315000 | PA      | $328360.32    | 0.13%             | 2043-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                      | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505PL4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    540000 | PA      | $509977.35    | 0.21%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                      | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505QP4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    495000 | PA      | $494991.09    | 0.20%             | 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        |    450000 | PA      | $450011.16    | 0.18%             | 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        |    450000 | PA      | $447559.56    | 0.18%             | 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        |    535000 | PA      | $485448.62    | 0.20%             | 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        |   1380000 | PA      | $1252185.23   | 0.51%             | 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        |   1125000 | PA      | $1176023.14   | 0.48%             | 2050-12-01      | Fixed         | 6.25%                 | 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        |   1260000 | PA      | $1229805.36   | 0.50%             | 2053-01-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp                                           | CLIFTON TX HGR EDU FIN CORP EDU REVENUE                      | CUSIP: 187145SU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1115327.60   | 0.45%             | 2049-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                            | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FWT7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    175000 | PA      | $184441.65    | 0.07%             | 2047-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                            | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FWU4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    360000 | PA      | $371598.44    | 0.15%             | 2052-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Corpus Christi TX Utility System Revenue                                | CORPUS CHRISTI TX UTILITY SYSREVENUE                         | CUSIP: 220245Y73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    930000 | PA      | $861722.47    | 0.35%             | 2053-07-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| County of DeKalb GA Water & Sewerage Revenue                                    | DE KALB CNTY GA WTR & SWR REVENUE                            | CUSIP: 240523A34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1193195.91   | 0.48%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware River & Bay Authority                                                  | DELAWARE RIVER & BAY AUTH DE REVENUE                         | CUSIP: 246317GV7<br>LEI: 549300DIIIT0MBXYHJ34 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1478060.10   | 0.60%             | 2044-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                               | DENVER CITY & CNTY CO ARPT REVENUE                           | CUSIP: 249182TM8<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |    425000 | PA      | $458863.02    | 0.19%             | 2045-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                            | DIST OF COLUMBIA                                             | CUSIP: 25476FA57<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1263666.24   | 0.51%             | 2048-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                            | DIST OF COLUMBIA REVENUE                                     | CUSIP: 25483VUQ5<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1695000 | PA      | $1673245.18   | 0.68%             | 2048-10-01      | 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        |    650000 | PA      | $700175.45    | 0.28%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Downtown Revitalization Public Infrastructure District                          | DOWNTOWN REVITALIZATION PUBLIC INFRASTRUCTURE DIST UT SALES  | CUSIP: 26118TBU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1682661.25   | 0.68%             | 2050-06-01      | 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        |    230000 | PA      | $247568.90    | 0.10%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Duluth Economic Development Authority                                           | DULUTH MN ECON DEV AUTH HLTH CARE FACS REVENUE               | CUSIP: 26444CHB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1995000 | PA      | $1862813.30   | 0.75%             | 2048-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Duluth Economic Development Authority                                           | DULUTH MN ECON DEV AUTH HLTH CARE FACS REVENUE               | CUSIP: 26444CHF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1480000 | PA      | $1488604.72   | 0.60%             | 2058-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Parish of East Baton Rouge Capital Improvements District                        | EAST BATON ROUGE PARISH LA CAPITAL IMPTS DIST MOVEBR SALES T | CUSIP: 270773BU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    610000 | PA      | $644164.21    | 0.26%             | 2046-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ellis County Unified School District No 489 Hays                                | ELLIS CNTY KS UNIF SCH DIST #489 HAYS                        | CUSIP: 288695EX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $241172.28    | 0.10%             | 2052-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Erie Tobacco Asset Securitization Corp                                          | ERIE CNTY NY TOBACCO ASSET SECURITIZATION CORP TOBACCO SETTL | CUSIP: 295095BB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1960000 | PA      | $1618728.72   | 0.66%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UKQ0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    105000 | PA      | $99238.09     | 0.04%             | 2056-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Fort Lauderdale FL Water & Sewer Revenue                                | FORT LAUDERDALE FL WTR & SWR REVENUE                         | CUSIP: 347658ZX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1398531.20   | 0.57%             | 2048-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Franklin OH                                                           | FRANKLIN CNTY OH REVENUE                                     | CUSIP: 353202FP4<br>LEI: 549300VCBUC1RZE7KL42 | Long             | DBT              | MUN               | US        |    400000 | PA      | $402943.44    | 0.16%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gainesville & Hall County Hospital Authority                                    | GAINESVILLE & HALL CNTY GA HOSP AUTH                         | CUSIP: 362762QR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $467590.12    | 0.19%             | 2051-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Garland TX Electric Utility System Revenue                              | GARLAND TX ELEC UTILITY SYS REVENUE                          | CUSIP: 366133TJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $185409.01    | 0.08%             | 2048-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Glendale Industrial Development Authority                                       | GLENDALE AZ INDL DEV AUTH SENIOR LIVING FACS REVENUE         | CUSIP: 378287BA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $77663.90     | 0.03%             | 2056-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                           | HAMILTON CNTY OH HOSP FACS REVENUE                           | CUSIP: 407272W25<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |    530000 | PA      | $575941.94    | 0.23%             | 2049-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX                                                             | HARRIS CNTY TX                                               | CUSIP: 414005Y85<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |    390000 | PA      | $386771.54    | 0.16%             | 2048-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Henrico County Economic Development Authority                                   | HENRICO CNTY VA ECON DEV AUTH HLTH FACS REVENUE              | CUSIP: 42605XAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $692333.16    | 0.28%             | 2048-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Industrial Development Authority                            | HILLSBOROUGH CNTY FLA INDL DEVAUTH HEALTH SYS REVENUE        | CUSIP: 43233KAU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $218795.68    | 0.09%             | 2049-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                              | HOUSTON TX                                                   | CUSIP: 442332DF6<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |    210000 | PA      | $227382.50    | 0.09%             | 2042-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                              | HOUSTON TX                                                   | CUSIP: 442332ED0<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1472643.29   | 0.60%             | 2049-03-01      | Fixed         | 5.25%                 | 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        |    635000 | PA      | $635003.87    | 0.26%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                       | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349GV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1745000 | PA      | $1824982.42   | 0.74%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                       | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349HY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $336576.39    | 0.14%             | 2038-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Hutto TX                                                                | HUTTO TX                                                     | CUSIP: 448474ZR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $450949.68    | 0.18%             | 2049-08-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Idaho Health Facilities Authority                                               | IDAHO ST HLTH FACS AUTH REVENUE                              | CUSIP: 451295H44<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |    400000 | PA      | $382815.92    | 0.16%             | 2053-03-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                             | IDAHO ST HSG & FIN ASSN SALES TAX REVENUE                    | CUSIP: 45130ABT1<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1455000 | PA      | $1568181.54   | 0.64%             | 2048-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                          | ILLINOIS ST HSG DEV AUTH REVENUE                             | CUSIP: 45203MUH2<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |    740000 | PA      | $804690.13    | 0.33%             | 2054-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                      | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FN43<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2840000 | PA      | $2889620.76   | 1.17%             | 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        |     10000 | PA      | $9737.84      | 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        |     90000 | PA      | $91572.49     | 0.04%             | 2041-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                               | ILLINOIS ST                                                  | CUSIP: 452153FK0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    500000 | PA      | $526286.80    | 0.21%             | 2043-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                               | ILLINOIS ST                                                  | CUSIP: 452153PD5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    765000 | PA      | $799345.21    | 0.32%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                       | INDIANA ST FIN AUTH HLTH SYS REVENUE                         | CUSIP: 45470YGB1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    640000 | PA      | $690479.42    | 0.28%             | 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        |    220000 | PA      | $236706.69    | 0.10%             | 2047-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                            | JEFFERSON CNTY AL SWR REVENUE WARRANTS                       | CUSIP: 472682ZR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2035000 | PA      | $2121226.41   | 0.86%             | 2049-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                    | KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG                  | CUSIP: 48504NBD0<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |    640000 | PA      | $643475.14    | 0.26%             | 2049-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                    | KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG                  | CUSIP: 48504NBF5<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |    640000 | PA      | $641649.86    | 0.26%             | 2055-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Transportation Infrastructure Authority                         | KENTUCKY PUB TRANSPRTN INFRASTRUCTURE AUTH TOLL REVENUE      | CUSIP: 491397AU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1360589.88   | 0.55%             | 2043-07-01      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                             | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KFJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    212500 | PA      | $224217.51    | 0.09%             | 2054-05-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Las Vegas Valley Water District                                                 | LAS VEGAS VLY NV WTR DIST                                    | CUSIP: 517845TK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1505797.51   | 0.61%             | 2055-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Leander Independent School District                                             | LEANDER TX INDEP SCH DIST                                    | CUSIP: 521841S80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1421995.74   | 0.58%             | 2050-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Longview Independent School District                                            | LONGVIEW TX INDEP SCH DIST                                   | CUSIP: 543264ZJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1060463.60   | 0.43%             | 2049-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 5444453D9<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1113433.34   | 0.45%             | 2055-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445C64<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1187142.26   | 0.48%             | 2047-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                           | LOUISIANA PUB FACS AUTH REVENUE                              | CUSIP: 546399NZ5<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |     60000 | PA      | $61550.48     | 0.02%             | 2050-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                           | LOUISIANA PUB FACS AUTH REVENUE                              | CUSIP: 546399RQ1<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1198729.32   | 0.49%             | 2053-10-01      | Fixed         | 5.25%                 | 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        |    610000 | PA      | $659341.92    | 0.27%             | 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: 56035DBS0<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1633646.70   | 0.66%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                     | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DEN8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2185000 | PA      | $2316418.57   | 0.94%             | 2053-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                       | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE             | CUSIP: 57421CKA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $521014.05    | 0.21%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                   | MASSACHUSETTS ST                                             | CUSIP: 57582R4C7<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1345437.66   | 0.54%             | 2050-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584X4M0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    470000 | PA      | $435898.16    | 0.18%             | 2042-10-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584XD57<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1118837.99   | 0.45%             | 2047-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Port Authority                                                    | MASSACHUSETTS ST PORT AUTH                                   | CUSIP: 575896YJ8<br>LEI: 254900JRR8IDSSKWCL90 | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1132044.27   | 0.46%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts Transportation Fund Revenue                       | MASSACHUSETTS ST TRANSPRTN FUND REVENUE                      | CUSIP: 57604TKD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1387543.46   | 0.56%             | 2052-06-01      | Fixed         | 5.00%                 | 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        |    630000 | PA      | $671098.18    | 0.27%             | 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: 592248BB3<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   5175000 | PA      | $2218090.91   | 0.90%             | 2044-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                        | MET PIER & EXPOSITION AUTH IL REVENUE                        | CUSIP: 592250CL6<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |    870000 | PA      | $866172.17    | 0.35%             | 2057-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                           | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261AG35<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1585000 | PA      | $1590081.99   | 0.64%             | 2045-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                           | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261AG43<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    515000 | PA      | $523671.93    | 0.21%             | 2050-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                           | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261AG50<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    760000 | PA      | $782066.90    | 0.32%             | 2055-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Dulles Toll Road Revenue             | MET WASHINGTON DC ARPTS AUTH DULLES TOLL ROAD REVENUE        | CUSIP: 592643BB5<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   6590000 | PA      | $5080410.25   | 2.06%             | 2033-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Dulles Toll Road Revenue             | MET WASHINGTON DC ARPTS AUTH DULLES TOLL ROAD REVENUE        | CUSIP: 592643BC3<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   4830000 | PA      | $3564799.37   | 1.44%             | 2034-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Dulles Toll Road Revenue             | MET WASHINGTON DC ARPTS AUTH DULLES TOLL ROAD REVENUE        | CUSIP: 592643BD1<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   6515000 | PA      | $4580056.73   | 1.86%             | 2035-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Dulles Toll Road Revenue             | MET WASHINGTON DC ARPTS AUTH DULLES TOLL ROAD REVENUE        | CUSIP: 592643DF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1790000 | PA      | $1594466.49   | 0.65%             | 2049-10-01      | Fixed         | 4.00%                 | 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        |   1120000 | PA      | $1206594.26   | 0.49%             | 2055-10-01      | Fixed         | 5.50%                 | 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        |   2830000 | PA      | $2965586.15   | 1.20%             | 2057-02-28      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                         | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE                  | CUSIP: 594698QT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1071159.67   | 0.43%             | 2043-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri              | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE       | CUSIP: 60637AMF6<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2570000 | PA      | $2611482.63   | 1.06%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri              | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE       | CUSIP: 60637APW6<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2630000 | PA      | $2360762.43   | 0.96%             | 2049-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                         | MISSOURI ST HSG DEV COMMISSION SF MTGE REVENUE               | CUSIP: 60637GBC2<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1292987.42   | 0.52%             | 2054-11-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                         | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                       | CUSIP: 613603B65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $450585.66    | 0.18%             | 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: 613603YY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    345000 | PA      | $349960.41    | 0.14%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust IV                                              | NEW YORK CNTYS NY TOBACCO TRUST IV                           | CUSIP: 62947YAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1825000 | PA      | $1698600.32   | 0.69%             | 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        |   1670000 | PA      | $1606943.31   | 0.65%             | 2041-06-01      | Fixed         | 6.25%                 | 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        |    368131 | PA      | $366747.08    | 0.15%             | 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        |    875000 | PA      | $885082.45    | 0.36%             | 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        |   1830000 | PA      | $1925103.82   | 0.78%             | 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        |    555000 | PA      | $579397.91    | 0.23%             | 2042-04-28      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                             | NEW HOPE CULTURAL EDU FACS FIN CORP TX HOSP REVENUE          | CUSIP: 645424BP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1651515.06   | 0.67%             | 2049-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                       | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 64577B5G5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   5845000 | PA      | $5952562.03   | 2.41%             | 2048-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                       | NEW JERSEY ST ECON DEV AUTH ECON DEV REVENUE                 | CUSIP: 64577HMH1<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2240000 | PA      | $2253126.18   | 0.91%             | 2031-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                       | NEW JERSEY ST ECON DEV AUTH REV                              | CUSIP: 64577XED4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1740000 | PA      | $1838856.88   | 0.74%             | 2047-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                        | NEW JERSEY ST HGR EDU ASSISTANCE AUTH STUDENT LOAN REVENUE   | CUSIP: 646080WP2<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    860000 | PA      | $854207.81    | 0.35%             | 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        |   1245000 | PA      | $1235204.22   | 0.50%             | 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: 646080YX3<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    305000 | PA      | $312799.37    | 0.13%             | 2045-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                  | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 64613CCU0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   3225000 | PA      | $3298704.47   | 1.34%             | 2040-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                  | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 64613CEG9<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1485000 | PA      | $1559120.06   | 0.63%             | 2046-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                  | NEW JERSEY ST TRANSPRTN TRUSTFUND AUTH                       | CUSIP: 64613CFC7<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    430000 | PA      | $461993.38    | 0.19%             | 2046-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                   | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                 | CUSIP: 646140JF1<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   1085000 | PA      | $1166742.16   | 0.47%             | 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        |    850000 | PA      | $850156.49    | 0.34%             | 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: 649519EH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2370000 | PA      | $1740755.76   | 0.71%             | 2051-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                               | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                 | CUSIP: 649519EZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $238802.67    | 0.10%             | 2050-09-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                             | NEW YORK NY                                                  | CUSIP: 64966SMF0<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    200000 | PA      | $213125.76    | 0.09%             | 2053-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                          | NEW YORK CITY NY HSG DEV CORP REVENUE                        | CUSIP: 64966WHK6<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5019694.00   | 2.03%             | 2053-02-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue         | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971X7H5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3200000 | PA      | $2967120.64   | 1.20%             | 2051-02-01      | Fixed         | 4.00%                 | 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: 64972GE42<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |    370000 | PA      | $360404.31    | 0.15%             | 2046-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                 | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GE59<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   6310000 | PA      | $6131045.88   | 2.48%             | 2047-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                 | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GL85<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |    475000 | PA      | $508594.23    | 0.21%             | 2055-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue         | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JPT9<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |    725000 | PA      | $754171.32    | 0.31%             | 2053-11-01      | 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: 64972JTG3<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1431936.47   | 0.58%             | 2050-11-01      | 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: 64972JWM6<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |    820000 | PA      | $877096.85    | 0.36%             | 2052-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                              | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990F6W9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    545000 | PA      | $503850.65    | 0.20%             | 2054-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                              | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990FYM0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1039062.17   | 0.42%             | 2044-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                              | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 65000B6M5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2239062.89   | 0.91%             | 2054-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                        | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116CY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1098377.07   | 0.44%             | 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        |    470000 | PA      | $493520.54    | 0.20%             | 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: 650116HQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1143487.18   | 0.46%             | 2060-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                        | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1950000 | PA      | $1985064.32   | 0.80%             | 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: 650116HT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1570273.13   | 0.64%             | 2054-12-31      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                        | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116JJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1118735.64   | 0.45%             | 2060-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| North Dakota Housing Finance Agency                                             | NORTH DAKOTA ST HSG FIN AGY                                  | CUSIP: 6589098A7<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |   1770000 | PA      | $1793651.09   | 0.73%             | 2049-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Northwest Independent School District                                           | NORTHWEST TX INDEP SCH DIST                                  | CUSIP: 667826HG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $747835.20    | 0.30%             | 2055-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                       | ORANGE CNTY FL HLTH FACS AUTH REVENUE                        | CUSIP: 68450LHL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1495000 | PA      | $1532769.38   | 0.62%             | 2053-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                       | ORANGE CNTY FL HLTH FACS AUTH REVENUE                        | CUSIP: 68450LJQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1925000 | PA      | $2023566.74   | 0.82%             | 2056-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Pasco FL                                                              | PASCO CNTY FL CAPITAL IMPT CIGARETTE TAX ALLOCATION          | CUSIP: 70252AAW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2270000 | PA      | $2343777.95   | 0.95%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Pasco FL                                                              | PASCO CNTY FL CAPITAL IMPT CIGARETTE TAX ALLOCATION          | CUSIP: 70252AAX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $456856.09    | 0.19%             | 2054-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                           | PENNSYLVANIA ST ECON DEV FINGAUTH EXEMPT FACS REVENUE        | CUSIP: 708686DZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1035598.64   | 0.42%             | 2044-11-01      | 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        |    850000 | PA      | $852084.54    | 0.35%             | 2042-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                            | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917TRX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $496010.30    | 0.20%             | 2051-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Gas Works Co                                                       | PHILADELPHIA PA GAS WKS REVENUE                              | CUSIP: 71783MDE2<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1145843.82   | 0.46%             | 2049-08-01      | Fixed         | 5.25%                 | 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        |   2295000 | PA      | $2455584.59   | 0.99%             | 2054-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp                                          | PHOENIX AZ CIVIC IMPT CORP WSTWTR SYS REVENUE                | CUSIP: 71883PMN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    760000 | PA      | $816882.35    | 0.33%             | 2047-07-01      | 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: 71885FFG7<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   1685000 | PA      | $1624464.86   | 0.66%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pleasanton Unified School District                                              | PLEASANTON CA UNIF SCH DIST                                  | CUSIP: 728835P45<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2370000 | PA      | $2379648.74   | 0.96%             | 2050-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Port New Orleans Board of Commissioners                                         | PORT NEW ORLEANS LA BRD OF COMMISSIONERS PORT FAC REVENUE    | CUSIP: 734782DT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1366316.91   | 0.55%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                              | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 7353894D7<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   2525000 | PA      | $2726478.84   | 1.10%             | 2050-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI TOLL REVENUE                              | CUSIP: 74448UAC2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2015000 | PA      | $2213050.72   | 0.90%             | 2065-12-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                     | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1434839 | PA      | $1532309.19   | 0.62%             | 2029-07-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                     | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3J4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1294889 | PA      | $1435792.09   | 0.58%             | 2031-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JPW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1084000 | PA      | $1024924.17   | 0.42%             | 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        |   6313000 | PA      | $6131442.54   | 2.48%             | 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        |   4251000 | PA      | $1479486.16   | 0.60%             | 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: 74529JRL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2941000 | PA      | $2765705.81   | 1.12%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Sacramento Metropolitan Fire District                                           | SACRAMENTO CA MET FIRE DIST                                  | CUSIP: 785880BH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1485000 | PA      | $1401597.35   | 0.57%             | 2055-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                           | SAN ANTONIO TX ELEC & GAS REVENUE                            | CUSIP: 79625GMF7<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4843160.55   | 1.96%             | 2049-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Marcos Unified School District                                              | SAN MARCOS CA UNIF SCH DIST                                  | CUSIP: 798755DL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1008274.40   | 0.41%             | 2042-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                              | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE       | CUSIP: 837032CB5<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1520758.66   | 0.62%             | 2048-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                              | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE       | CUSIP: 837032CC3<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1865000 | PA      | $1992556.68   | 0.81%             | 2049-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                              | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE       | CUSIP: 837032CD1<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    145000 | PA      | $154562.49    | 0.06%             | 2050-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                              | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HOSP FACS REVENUE       | CUSIP: 83703EMQ5<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1820000 | PA      | $1710981.82   | 0.69%             | 2044-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                              | SOUTH CAROLINA JOBS-ECON DEV AUTH                            | CUSIP: 83704EAA2<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1039152.77   | 0.42%             | 2047-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Ports Authority                                                  | SOUTH CAROLINA ST PORTS AUTH PORTS REVENUE                   | CUSIP: 837123KH0<br>LEI: 5493001YXW15H9J1M026 | Long             | DBT              | MUN               | US        |    650000 | PA      | $582390.71    | 0.24%             | 2049-07-01      | Fixed         | 4.00%                 | 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        |   2110000 | PA      | $2198127.53   | 0.89%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                               | SOUTHEAST ENERGY AUTH AL COMMODITY SPLY REVENUE              | CUSIP: 84136FBL0<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    685000 | PA      | $742374.02    | 0.30%             | 2053-01-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                               | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                     | CUSIP: 84136HBC6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    770000 | PA      | $824296.32    | 0.33%             | 2056-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant Regional Water District                                                 | TARRANT TX REGL WTR DIST WTR TRANSMISSION FACS CONTRACT REV  | CUSIP: 876448JK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $600778.75    | 0.24%             | 2055-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                    | MICHIGAN ST HSG DEV AUTH RENTAL HSG REVENUE                  | CUSIP: 59465PEJ3<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   2550821 | PA      | $2623415.97   | 1.06%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                              | NEW YORK ST DORM AUTH SALES TAX REVENUE                      | CUSIP: 64990AQM0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3940000 | PA      | $4037762.83   | 1.64%             | 2046-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                    | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JCD8<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   4240000 | PA      | $4498195.65   | 1.82%             | 2048-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HSG FIN AGY SF                                                  | PENNSYLVANIA ST HSG FIN AGY SF                               | CUSIP: 70879QWL3<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   3830000 | PA      | $3847209.72   | 1.56%             | 2049-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                                         | ENERGY S E AL A COOPERATIVE DIST ENERGY SPLY REVENUE         | CUSIP: 292723AY9<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11238252.00  | 4.55%             | 2054-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                          | PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE           | CUSIP: 70342PAR5<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   6462855 | PA      | $7029135.50   | 2.85%             | 2054-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Melbourne FL Water & Sewer Revenue                                      | MELBOURNE FL WTR & SWR REVENUE                               | CUSIP: 5853953N4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3090000 | PA      | $3236020.73   | 1.31%             | 2050-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                             | PORT OF PORTLAND OR ARPT REVENUE                             | CUSIP: 7352403J0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7231916 | PA      | $7698545.28   | 3.12%             | 2048-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                               | SOUTHEAST ENERGY AUTH AL COMMODITY SPLY REVENUE              | CUSIP: 84136FBT3<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10619621.00  | 4.30%             | 2054-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                             | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QUM3<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   4528538 | PA      | $4909654.01   | 1.99%             | 2053-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                          | NEW YORK CITY NY HSG DEV CORP MF HSG REV                     | CUSIP: 64972KBB0<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   2460000 | PA      | $2483346.38   | 1.01%             | 2048-11-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                         | MISSOURI ST HSG DEV COMMISSION SF MTGE REVENUE               | CUSIP: 60637GDE6<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   3080000 | PA      | $3053891.46   | 1.24%             | 2049-11-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                             | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QC35<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3021409.20   | 1.22%             | 2049-10-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                              | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990KGU1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   4630000 | PA      | $4878454.13   | 1.98%             | 2047-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                     | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647NG2<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   5180000 | PA      | $5481465.12   | 2.22%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                       | SALT LAKE CITY UT ARPT REVENUE                               | CUSIP: 795576MC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4061547 | PA      | $4288843.64   | 1.74%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                           | SAN ANTONIO TX ELEC & GAS REVENUE                            | CUSIP: 79625GJR5<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   2968515 | PA      | $3184751.78   | 1.29%             | 2049-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                         | PORT AUTH OF NEW YORK & NEW JERSEY NY                        | CUSIP: 73358XHE5<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   3860000 | PA      | $3977955.04   | 1.61%             | 2047-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT OF SEATTLE WA REVENUE                                                      | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 735389R26<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   5390000 | PA      | $5509656.92   | 2.23%             | 2046-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                              | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990KHA4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3118180 | PA      | $3254971.14   | 1.32%             | 2053-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tampa Bay Water                                                                 | TAMPA BAY FL WTR REGL WTR SPLY AUTH UTILITY SYS REVENUE      | CUSIP: 875124HX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5793028 | PA      | $6193657.47   | 2.51%             | 2054-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                         | DIST OF COLUMBIA INCOME TAX SECURED REVENUE                  | CUSIP: 25477GYN9<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   4560000 | PA      | $4816359.55   | 1.95%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                        | MIAMI-DADE CNTY FL AVIATION REVENUE                          | CUSIP: 593340AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2735382 | PA      | $2871608.41   | 1.16%             | 2050-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| North Texas Municipal Water District                                            | N TX MUNI WTR DIST REGL WSTWTR SYS CONTRACT REVENUE          | CUSIP: 66283ALD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2318851 | PA      | $2414431.99   | 0.98%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                           | SAN ANTONIO TX ELEC & GAS REVENUE                            | CUSIP: 79625GGT4<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   2474146 | PA      | $2685257.65   | 1.09%             | 2050-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of DeKalb GA Water & Sewerage Revenue                                    | DE KALB CNTY GA WTR & SWR REVENUE                            | CUSIP: 240523F47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3666428.85   | 1.49%             | 2055-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                            | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                  | CUSIP: 89602RHT5<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   3524129 | PA      | $3771367.52   | 1.53%             | 2057-11-15      | 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        |   3080000 | PA      | $3285924.18   | 1.33%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Tallahassee FL                                                          | TALLAHASSEE FL CAPITAL BONDS                                 | CUSIP: 874458MU3<br>LEI: 549300MPY4HDPK8B1G15 | Long             | DBT              | MUN               | US        |   3320000 | PA      | $3540009.43   | 1.43%             | 2055-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                       | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349JV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4778047 | PA      | $5097500.45   | 2.06%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                             | NEW YORK NY                                                  | CUSIP: 64966QL57<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   2940000 | PA      | $3098453.95   | 1.26%             | 2047-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Austin Community College District                                               | AUSTIN TX CMNTY CLG DIST                                     | CUSIP: 052403LB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5260000 | PA      | $5590660.96   | 2.26%             | 2055-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                              | GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE               | CUSIP: 392275FK4<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   4620000 | PA      | $4856957.03   | 1.97%             | 2051-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Terrell Independent School District/TX                                          | TERRELL TX INDEP SCH DIST                                    | CUSIP: 881405NZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3220000 | PA      | $3456793.97   | 1.40%             | 2055-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tennergy Corp/TN                                                                | TENNERGY CORP TN GAS REVENUE                                 | CUSIP: 880397CF9<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1778365.16   | 0.72%             | 2053-10-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Texas Department of Housing & Community Affairs                                 | TEXAS ST DEPT OF HSG & CMNTY AFFAIRS                         | CUSIP: 88275FYX1<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |   1620000 | PA      | $1656585.59   | 0.67%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                               | TOBACCO SETTLEMENT FING CORP NJ                              | CUSIP: 888808HQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $252252.96    | 0.10%             | 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        |   4975000 | PA      | $4843848.55   | 1.96%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                            | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                  | CUSIP: 89602RLU7<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1063239.06   | 0.43%             | 2054-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                          | TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE         | CUSIP: 896035BD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $422410.80    | 0.17%             | 2052-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                          | TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE         | CUSIP: 896035BZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3055000 | PA      | $2874759.28   | 1.16%             | 2048-05-15      | Fixed         | 4.00%                 | 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        |    485000 | PA      | $559301.42    | 0.23%             | 2035-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| University of Kentucky                                                          | UNIV OF KENTUCKY LEASE PURCHASE OBLIGS                       | CUSIP: 914383BP8<br>LEI: 549300CXE3YQ1HXYCQ71 | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1660104.49   | 0.67%             | 2055-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                                          | VIRGINIA ST HSG DEV AUTH                                     | CUSIP: 92812WNV2<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1034930.45   | 0.42%             | 2049-09-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Waller Consolidated Independent School District                                 | WALLER TX INDEP SCH DIST                                     | CUSIP: 932493LX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $717914.48    | 0.29%             | 2048-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                | WASHINGTON DC MET AREA TRANSIT AUTH DEDICATED REVENUE        | CUSIP: 93878YCS6<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |    575000 | PA      | $552533.77    | 0.22%             | 2047-07-15      | Fixed         | 4.13%                 | 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        |    195000 | PA      | $207092.16    | 0.08%             | 2055-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity Funds                                                       | BlackRock Liquidity Funds: MuniCash, Institutional Shares    | CUSIP: 09248U841<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |   6803346 | NS      | $6804026.10   | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Home Ownership Revenue       | WISCONSIN ST HSG & ECON DEV AUTH HOME OWNERSHIP REVENUE      | CUSIP: 97689QSN7<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |    320000 | PA      | $327871.33    | 0.13%             | 2043-09-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Home Ownership Revenue       | WISCONSIN ST HSG & ECON DEV AUTH HOME OWNERSHIP REVENUE      | CUSIP: 97689QWC6<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |    925000 | PA      | $928566.43    | 0.38%             | 2051-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JKM4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1445000 | PA      | $1527155.33   | 0.62%             | 2054-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |

### Signature

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

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

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer