# EDGAR Filing Document

**Accession Number:** 0000097098
**File Stem:** 0002071691-25-007926
**Filing Date:** 2025-12
**Character Count:** 74605
**Document Hash:** 06611f9cc6c7addfe13550ba363e296b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-007926.hdr.sgml**: 20251205

**ACCESSION NUMBER**: 0002071691-25-007926

**CONFORMED SUBMISSION TYPE**: N-MFP3

**CONFIRMING COPY**: 

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20251205

**DATE AS OF CHANGE**: 20251205

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK LIQUIDITY FUNDS
- **CENTRAL INDEX KEY:** 0000097098

**ORGANIZATION NAME:**
- **EIN:** 520983343
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** N-MFP3
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02354

**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 PROVIDENT INSTITUTIONAL FUNDS
- **DATE OF NAME CHANGE:** 20010126

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PROVIDENT INSTITUTIONAL FUNDS
- **DATE OF NAME CHANGE:** 19990521

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

## Series and Classes Contracts Data

### BLACKROCK SELECT TREASURY BASED LIQUIDITY FUND (Series ID: S000001477)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000003942 | ADMINISTRATION                  |  |
| C000003943 | CASH MANAGEMENT                 |  |
| C000003948 | INSTITUTIONAL                   | TFFXX           |
| C000003949 | DOLLAR                          | TSDXX           |
| C000231604 | Mischler Financial Group Shares |  |
| C000237278 | Stern Brothers Shares           |  |
| C000238343 | Tigress Shares                  |  |

# Form N-MFP3: Monthly Schedule of Portfolio Holdings

## N-MFP: Filer Information
**Submission Type:** N-MFP3
**CIK:** 0000097098

### General Information

**Report for (YYYY-MM-DD):** 2025-11-30

**Registrant Full Name:** BlackRock Liquidity Funds

**CIK Number of Registrant:** 0000097098

**LEI of Registrant:** 5493007YVNX55LTRQ706

**Name of Series:** BlackRock Select Treasury Based Liquidity Fund

**LEI of Series:** 549300ZAULWRIGH03856

**EDGAR Series Identifier:** S000001477

**Total number of share classes in the series:** 9

**Is this the fund's final filing on Form N-MFP?:** No

**Has the fund acquired or merged with another fund?:** No

## Part A: Series-Level Information about the Fund

### Service Providers
| Role                          | Details                                                      | File/CIK Number   |
|:---|:---|:---|
| Investment Adviser            | BlackRock Advisors, LLC                                      | 801-47710         |
| Independent Public Accountant | Deloitte & Touche LLP<br>City: Boston<br>State: MA           |  |
| Administrator                 | BlackRock Advisors, LLC                                      |  |
| Transfer Agent                | BNY Mellon Investment Servicing (US) Inc.<br>CIK: 0000849542 | 084-01761         |

### Fund Characteristics & Assets

- **Securities Act File Number:** 002-47015

- **Is this a Feeder Fund?:** No

- **Is this a Master Fund?:** No

- **Is this series for insurance company separate accounts?:** No

- **Money Market Fund Category:** Government

- **Is this a Retail Money Market Fund?:** No

- **Is this a Government Money Market Fund?:** Yes

- **WAM:** 27 days

- **WAL:** 27 days

- **Total Value of Portfolio Securities:** $6552064139.24

- **Amortized Cost of Portfolio Securities:** $6551986210.06

- **Cash:** $275789686.92

- **Total Other Assets:** $1082754.18

- **Total Liabilities:** $543818351.32

- **Net Assets of Series:** $6285040299.84

- **Number of Shares Outstanding (Series):** 6282432371.1600

- **Does the fund seek to maintain a stable price per share?:** Yes

- **Stable Price Per Share:** $1.00

- **Is cash management vehicle an affiliated fund?:** No

- **Does the fund apply liquidity fees?:** No

### Daily & Weekly Liquid Assets
| Date       | Daily Liquid Assets ($)   | Weekly Liquid Assets ($)   | Daily Liquid Assets (%)   | Weekly Liquid Assets (%)   |
|:---|:---|:---|:---|:---|
| 2025-11-03 | $7121329363.67            | $7121329363.67             | 100.0000%                 | 100.0000%                  |
| 2025-11-04 | $7104459747.92            | $7104459747.92             | 100.0000%                 | 100.0000%                  |
| 2025-11-05 | $6989554092.41            | $6989554092.41             | 100.0000%                 | 100.0000%                  |
| 2025-11-06 | $6828428188.69            | $6828428188.69             | 100.0000%                 | 100.0000%                  |
| 2025-11-07 | $6765296574.96            | $6765296574.96             | 100.0000%                 | 100.0000%                  |
| 2025-11-10 | $7046100059.45            | $7061071162.58             | 99.7900%                  | 100.0000%                  |
| 2025-11-11 | $7038199363.13            | $7053170466.26             | 99.7900%                  | 100.0000%                  |
| 2025-11-12 | $6956072328.86            | $6956072328.86             | 100.0000%                 | 100.0000%                  |
| 2025-11-13 | $7209801078.30            | $7225208223.18             | 99.7900%                  | 100.0000%                  |
| 2025-11-14 | $6614302165.59            | $6629709310.47             | 99.7700%                  | 100.0000%                  |
| 2025-11-17 | $6535906018.92            | $6535906018.92             | 100.0000%                 | 100.0000%                  |
| 2025-11-18 | $6338481512.30            | $6338481512.30             | 100.0000%                 | 100.0000%                  |
| 2025-11-19 | $6324520481.08            | $6324520481.08             | 100.0000%                 | 100.0000%                  |
| 2025-11-20 | $6402789614.91            | $6402789614.91             | 100.0000%                 | 100.0000%                  |
| 2025-11-21 | $6580621406.01            | $6580621406.01             | 100.0000%                 | 100.0000%                  |
| 2025-11-24 | $6515092900.98            | $6515092900.98             | 100.0000%                 | 100.0000%                  |
| 2025-11-25 | $6759678709.62            | $6759678709.62             | 100.0000%                 | 100.0000%                  |
| 2025-11-26 | $7157763383.01            | $7157763383.01             | 100.0000%                 | 100.0000%                  |
| 2025-11-28 | $6822886093.66            | $6822886093.66             | 100.0000%                 | 100.0000%                  |

### 7-Day Gross Yield
| Date       | 7-Day Gross Yield   |
|:---|:---|
| 2025-11-03 | 4.0700%             |
| 2025-11-04 | 4.0500%             |
| 2025-11-05 | 4.0400%             |
| 2025-11-06 | 4.0300%             |
| 2025-11-07 | 4.0200%             |
| 2025-11-10 | 4.0000%             |
| 2025-11-11 | 4.0000%             |
| 2025-11-12 | 3.9900%             |
| 2025-11-13 | 3.9900%             |
| 2025-11-14 | 3.9900%             |
| 2025-11-17 | 3.9900%             |
| 2025-11-18 | 3.9900%             |
| 2025-11-19 | 3.9800%             |
| 2025-11-20 | 3.9800%             |
| 2025-11-21 | 3.9800%             |
| 2025-11-24 | 3.9800%             |
| 2025-11-25 | 3.9800%             |
| 2025-11-26 | 3.9900%             |
| 2025-11-28 | 3.9900%             |

### Daily Net Asset Value per Share (Series)
| Date       | Net Asset Value per Share   |
|:---|:---|
| 2025-11-03 | 1.0004                      |
|  |  |
| 2025-11-04 | 1.0004                      |
|  |  |
| 2025-11-05 | 1.0005                      |
|  |  |
| 2025-11-06 | 1.0005                      |
|  |  |
| 2025-11-07 | 1.0007                      |
|  |  |
| 2025-11-10 | 1.0005                      |
|  |  |
| 2025-11-11 | 1.0004                      |
|  |  |
| 2025-11-12 | 1.0004                      |
|  |  |
| 2025-11-13 | 1.0004                      |
|  |  |
| 2025-11-14 | 1.0006                      |
|  |  |
| 2025-11-17 | 1.0004                      |
|  |  |
| 2025-11-18 | 1.0004                      |
|  |  |
| 2025-11-19 | 1.0004                      |
|  |  |
| 2025-11-20 | 1.0004                      |
|  |  |
| 2025-11-21 | 1.0006                      |
|  |  |
| 2025-11-24 | 1.0004                      |
|  |  |
| 2025-11-25 | 1.0004                      |
|  |  |
| 2025-11-26 | 1.0005                      |
|  |  |
| 2025-11-28 | 1.0006                      |
|  |  |

## Part B: Class-Level Information about the Fund

### Class: Stern Brothers Shares

- **Minimum Initial Investment:** $3000000.00

- **Net Assets of Class:** $200141765.00

- **Number of Shares Outstanding:** 200058732.5300

- **Expense Reimbursement/Waiver:** 7351.61

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-11-03 | 1.0004          |
|  |  |
| 2025-11-04 | 1.0004          |
|  |  |
| 2025-11-05 | 1.0005          |
|  |  |
| 2025-11-06 | 1.0005          |
|  |  |
| 2025-11-07 | 1.0007          |
|  |  |
| 2025-11-10 | 1.0005          |
|  |  |
| 2025-11-11 | 1.0004          |
|  |  |
| 2025-11-12 | 1.0004          |
|  |  |
| 2025-11-13 | 1.0004          |
|  |  |
| 2025-11-14 | 1.0006          |
|  |  |
| 2025-11-17 | 1.0004          |
|  |  |
| 2025-11-18 | 1.0004          |
|  |  |
| 2025-11-19 | 1.0004          |
|  |  |
| 2025-11-20 | 1.0004          |
|  |  |
| 2025-11-21 | 1.0006          |
|  |  |
| 2025-11-24 | 1.0004          |
|  |  |
| 2025-11-25 | 1.0004          |
|  |  |
| 2025-11-26 | 1.0005          |
|  |  |
| 2025-11-28 | 1.0006          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-11-03 | $0.00                     | $0.00                   |
| 2025-11-04 | $0.00                     | $0.00                   |
| 2025-11-05 | $0.00                     | $0.00                   |
| 2025-11-06 | $0.00                     | $0.00                   |
| 2025-11-07 | $0.00                     | $0.00                   |
| 2025-11-10 | $0.00                     | $0.00                   |
| 2025-11-11 | $0.00                     | $0.00                   |
| 2025-11-12 | $0.00                     | $0.00                   |
| 2025-11-13 | $0.00                     | $0.00                   |
| 2025-11-14 | $0.00                     | $0.00                   |
| 2025-11-17 | $0.00                     | $0.00                   |
| 2025-11-18 | $0.00                     | $0.00                   |
| 2025-11-19 | $0.00                     | $0.00                   |
| 2025-11-20 | $0.00                     | $0.00                   |
| 2025-11-21 | $0.00                     | $0.00                   |
| 2025-11-24 | $0.00                     | $0.00                   |
| 2025-11-25 | $0.00                     | $0.00                   |
| 2025-11-26 | $0.00                     | $0.00                   |
| 2025-11-28 | $184.67                   | $0.00                   |

**Total Gross Subscriptions (Month):** $184.67

**Total Gross Redemptions (Month):** $0.00

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-11-03 | 3.9000%           |
| 2025-11-04 | 3.8800%           |
| 2025-11-05 | 3.8700%           |
| 2025-11-06 | 3.8600%           |
| 2025-11-07 | 3.8500%           |
| 2025-11-10 | 3.8300%           |
| 2025-11-11 | 3.8300%           |
| 2025-11-12 | 3.8200%           |
| 2025-11-13 | 3.8200%           |
| 2025-11-14 | 3.8200%           |
| 2025-11-17 | 3.8200%           |
| 2025-11-18 | 3.8200%           |
| 2025-11-19 | 3.8100%           |
| 2025-11-20 | 3.8100%           |
| 2025-11-21 | 3.8100%           |
| 2025-11-24 | 3.8100%           |
| 2025-11-25 | 3.8100%           |
| 2025-11-26 | 3.8200%           |
| 2025-11-28 | 3.8200%           |

**Beneficial/Record Owner Categories**
| Category                  | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Non-financial corporation |  | 99.9700%         | 0.0000%              |

### Class: Institutional

- **Minimum Initial Investment:** $3000000.00

- **Net Assets of Class:** $6003223591.06

- **Number of Shares Outstanding:** 6000732573.3800

- **Expense Reimbursement/Waiver:** 224062.38

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-11-03 | 1.0004          |
|  |  |
| 2025-11-04 | 1.0004          |
|  |  |
| 2025-11-05 | 1.0005          |
|  |  |
| 2025-11-06 | 1.0005          |
|  |  |
| 2025-11-07 | 1.0007          |
|  |  |
| 2025-11-10 | 1.0005          |
|  |  |
| 2025-11-11 | 1.0004          |
|  |  |
| 2025-11-12 | 1.0004          |
|  |  |
| 2025-11-13 | 1.0004          |
|  |  |
| 2025-11-14 | 1.0006          |
|  |  |
| 2025-11-17 | 1.0004          |
|  |  |
| 2025-11-18 | 1.0004          |
|  |  |
| 2025-11-19 | 1.0004          |
|  |  |
| 2025-11-20 | 1.0004          |
|  |  |
| 2025-11-21 | 1.0006          |
|  |  |
| 2025-11-24 | 1.0004          |
|  |  |
| 2025-11-25 | 1.0004          |
|  |  |
| 2025-11-26 | 1.0005          |
|  |  |
| 2025-11-28 | 1.0006          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-11-03 | $160419571.69             | $29746233.49            |
| 2025-11-04 | $312103746.04             | $109204856.54           |
| 2025-11-05 | $54080578.83              | $160722136.93           |
| 2025-11-06 | $145400558.17             | $17689966.46            |
| 2025-11-07 | $60641030.11              | $138732754.36           |
| 2025-11-10 | $130666306.08             | $83906509.02            |
| 2025-11-11 | $0.00                     | $0.00                   |
| 2025-11-12 | $319009110.09             | $46501749.19            |
| 2025-11-13 | $75690639.95              | $139268657.25           |
| 2025-11-14 | $286221748.94             | $648605857.56           |
| 2025-11-17 | $107174640.12             | $197386390.02           |
| 2025-11-18 | $178110203.36             | $115829527.86           |
| 2025-11-19 | $126506576.13             | $162966917.81           |
| 2025-11-20 | $171976960.03             | $262646143.41           |
| 2025-11-21 | $195161362.35             | $28419979.02            |
| 2025-11-24 | $63269885.42              | $151405889.50           |
| 2025-11-25 | $314938090.44             | $182535872.47           |
| 2025-11-26 | $107237496.54             | $199694122.56           |
| 2025-11-28 | $75934888.05              | $101417426.86           |

**Total Gross Subscriptions (Month):** $2884543392.34

**Total Gross Redemptions (Month):** $2776680990.31

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-11-03 | 3.9000%           |
| 2025-11-04 | 3.8800%           |
| 2025-11-05 | 3.8700%           |
| 2025-11-06 | 3.8600%           |
| 2025-11-07 | 3.8500%           |
| 2025-11-10 | 3.8300%           |
| 2025-11-11 | 3.8300%           |
| 2025-11-12 | 3.8200%           |
| 2025-11-13 | 3.8200%           |
| 2025-11-14 | 3.8200%           |
| 2025-11-17 | 3.8200%           |
| 2025-11-18 | 3.8200%           |
| 2025-11-19 | 3.8100%           |
| 2025-11-20 | 3.8100%           |
| 2025-11-21 | 3.8100%           |
| 2025-11-24 | 3.8100%           |
| 2025-11-25 | 3.8100%           |
| 2025-11-26 | 3.8200%           |
| 2025-11-28 | 3.8200%           |

**Beneficial/Record Owner Categories**
| Category                                            | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Depository institution or other banking institution |  | 49.7900%         | 0.0000%              |
| Non-financial corporation                           |  | 3.8100%          | 0.0000%              |
| Broker-dealer                                       |  | 26.0200%         | 0.0000%              |
| Retail investor                                     |  | 1.3400%          | 0.0000%              |

### Class: Administration

- **Minimum Initial Investment:** $5000.00

- **Net Assets of Class:** $33413025.41

- **Number of Shares Outstanding:** 33399167.2200

- **Expense Reimbursement/Waiver:** 1068.58

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-11-03 | 1.0004          |
|  |  |
| 2025-11-04 | 1.0004          |
|  |  |
| 2025-11-05 | 1.0005          |
|  |  |
| 2025-11-06 | 1.0005          |
|  |  |
| 2025-11-07 | 1.0007          |
|  |  |
| 2025-11-10 | 1.0005          |
|  |  |
| 2025-11-11 | 1.0004          |
|  |  |
| 2025-11-12 | 1.0004          |
|  |  |
| 2025-11-13 | 1.0004          |
|  |  |
| 2025-11-14 | 1.0006          |
|  |  |
| 2025-11-17 | 1.0004          |
|  |  |
| 2025-11-18 | 1.0004          |
|  |  |
| 2025-11-19 | 1.0004          |
|  |  |
| 2025-11-20 | 1.0004          |
|  |  |
| 2025-11-21 | 1.0006          |
|  |  |
| 2025-11-24 | 1.0004          |
|  |  |
| 2025-11-25 | 1.0004          |
|  |  |
| 2025-11-26 | 1.0005          |
|  |  |
| 2025-11-28 | 1.0006          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-11-03 | $0.00                     | $48337.65               |
| 2025-11-04 | $781.51                   | $3000000.00             |
| 2025-11-05 | $2533.51                  | $0.00                   |
| 2025-11-06 | $0.00                     | $0.00                   |
| 2025-11-07 | $7625000.00               | $70243.76               |
| 2025-11-10 | $320.48                   | $0.00                   |
| 2025-11-11 | $0.00                     | $0.00                   |
| 2025-11-12 | $10002.03                 | $0.00                   |
| 2025-11-13 | $431.80                   | $0.00                   |
| 2025-11-14 | $0.00                     | $2030294.82             |
| 2025-11-17 | $0.00                     | $44633.84               |
| 2025-11-18 | $909.75                   | $0.00                   |
| 2025-11-19 | $0.00                     | $0.00                   |
| 2025-11-20 | $3025.40                  | $0.00                   |
| 2025-11-21 | $10000000.00              | $47413.68               |
| 2025-11-24 | $0.00                     | $39538.99               |
| 2025-11-25 | $0.00                     | $153438.35              |
| 2025-11-26 | $299.39                   | $3000000.00             |
| 2025-11-28 | $89291.55                 | $74355.44               |

**Total Gross Subscriptions (Month):** $17732595.42

**Total Gross Redemptions (Month):** $8508256.53

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-11-03 | 3.8000%           |
| 2025-11-04 | 3.7800%           |
| 2025-11-05 | 3.7700%           |
| 2025-11-06 | 3.7600%           |
| 2025-11-07 | 3.7500%           |
| 2025-11-10 | 3.7300%           |
| 2025-11-11 | 3.7300%           |
| 2025-11-12 | 3.7200%           |
| 2025-11-13 | 3.7200%           |
| 2025-11-14 | 3.7200%           |
| 2025-11-17 | 3.7200%           |
| 2025-11-18 | 3.7200%           |
| 2025-11-19 | 3.7100%           |
| 2025-11-20 | 3.7100%           |
| 2025-11-21 | 3.7100%           |
| 2025-11-24 | 3.7100%           |
| 2025-11-25 | 3.7100%           |
| 2025-11-26 | 3.7200%           |
| 2025-11-28 | 3.7200%           |

**Beneficial/Record Owner Categories**
| Category                                            | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Depository institution or other banking institution |  | 87.0200%         | 0.0000%              |
| Retail investor                                     |  | 12.7200%         | 0.0000%              |

### Class: Cash Management

- **Minimum Initial Investment:** $5000.00

- **Net Assets of Class:** $7381955.92

- **Number of Shares Outstanding:** 7378893.4200

- **Expense Reimbursement/Waiver:** 271.38

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-11-03 | 1.0004          |
|  |  |
| 2025-11-04 | 1.0004          |
|  |  |
| 2025-11-05 | 1.0005          |
|  |  |
| 2025-11-06 | 1.0005          |
|  |  |
| 2025-11-07 | 1.0007          |
|  |  |
| 2025-11-10 | 1.0005          |
|  |  |
| 2025-11-11 | 1.0004          |
|  |  |
| 2025-11-12 | 1.0004          |
|  |  |
| 2025-11-13 | 1.0004          |
|  |  |
| 2025-11-14 | 1.0006          |
|  |  |
| 2025-11-17 | 1.0004          |
|  |  |
| 2025-11-18 | 1.0004          |
|  |  |
| 2025-11-19 | 1.0004          |
|  |  |
| 2025-11-20 | 1.0004          |
|  |  |
| 2025-11-21 | 1.0006          |
|  |  |
| 2025-11-24 | 1.0004          |
|  |  |
| 2025-11-25 | 1.0004          |
|  |  |
| 2025-11-26 | 1.0005          |
|  |  |
| 2025-11-28 | 1.0006          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-11-03 | $0.00                     | $8356.94                |
| 2025-11-04 | $0.00                     | $0.00                   |
| 2025-11-05 | $0.00                     | $0.02                   |
| 2025-11-06 | $34.61                    | $0.31                   |
| 2025-11-07 | $0.00                     | $7438.28                |
| 2025-11-10 | $0.00                     | $13529.75               |
| 2025-11-11 | $0.00                     | $0.00                   |
| 2025-11-12 | $0.00                     | $0.00                   |
| 2025-11-13 | $0.00                     | $0.00                   |
| 2025-11-14 | $0.00                     | $0.00                   |
| 2025-11-17 | $0.63                     | $0.00                   |
| 2025-11-18 | $0.00                     | $0.00                   |
| 2025-11-19 | $0.00                     | $0.00                   |
| 2025-11-20 | $34.61                    | $0.74                   |
| 2025-11-21 | $0.00                     | $0.00                   |
| 2025-11-24 | $0.00                     | $0.00                   |
| 2025-11-25 | $0.00                     | $0.00                   |
| 2025-11-26 | $0.00                     | $0.00                   |
| 2025-11-28 | $18674.32                 | $0.00                   |

**Total Gross Subscriptions (Month):** $18744.17

**Total Gross Redemptions (Month):** $29326.04

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-11-03 | 3.4000%           |
| 2025-11-04 | 3.3800%           |
| 2025-11-05 | 3.3700%           |
| 2025-11-06 | 3.3600%           |
| 2025-11-07 | 3.3500%           |
| 2025-11-10 | 3.3300%           |
| 2025-11-11 | 3.3300%           |
| 2025-11-12 | 3.3200%           |
| 2025-11-13 | 3.3200%           |
| 2025-11-14 | 3.3200%           |
| 2025-11-17 | 3.3200%           |
| 2025-11-18 | 3.3200%           |
| 2025-11-19 | 3.3100%           |
| 2025-11-20 | 3.3100%           |
| 2025-11-21 | 3.3100%           |
| 2025-11-24 | 3.3100%           |
| 2025-11-25 | 3.3100%           |
| 2025-11-26 | 3.3200%           |
| 2025-11-28 | 3.3200%           |

**Beneficial/Record Owner Categories**
| Category      | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Broker-dealer |  | 99.9900%         | 0.0000%              |

### Class: Tigress

- **Minimum Initial Investment:** $3000000.00

- **Net Assets of Class:** $25810710.48

- **Number of Shares Outstanding:** 25800000.0000

- **Expense Reimbursement/Waiver:** 953.54

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-11-03 | 1.0004          |
|  |  |
| 2025-11-04 | 1.0004          |
|  |  |
| 2025-11-05 | 1.0005          |
|  |  |
| 2025-11-06 | 1.0005          |
|  |  |
| 2025-11-07 | 1.0007          |
|  |  |
| 2025-11-10 | 1.0005          |
|  |  |
| 2025-11-11 | 1.0004          |
|  |  |
| 2025-11-12 | 1.0004          |
|  |  |
| 2025-11-13 | 1.0004          |
|  |  |
| 2025-11-14 | 1.0006          |
|  |  |
| 2025-11-17 | 1.0004          |
|  |  |
| 2025-11-18 | 1.0004          |
|  |  |
| 2025-11-19 | 1.0004          |
|  |  |
| 2025-11-20 | 1.0004          |
|  |  |
| 2025-11-21 | 1.0006          |
|  |  |
| 2025-11-24 | 1.0004          |
|  |  |
| 2025-11-25 | 1.0004          |
|  |  |
| 2025-11-26 | 1.0005          |
|  |  |
| 2025-11-28 | 1.0006          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-11-03 | $0.00                     | $0.00                   |
| 2025-11-04 | $0.00                     | $0.00                   |
| 2025-11-05 | $0.00                     | $0.00                   |
| 2025-11-06 | $0.00                     | $0.00                   |
| 2025-11-07 | $0.00                     | $0.00                   |
| 2025-11-10 | $0.00                     | $0.00                   |
| 2025-11-11 | $0.00                     | $0.00                   |
| 2025-11-12 | $0.00                     | $0.00                   |
| 2025-11-13 | $0.00                     | $0.00                   |
| 2025-11-14 | $0.00                     | $0.00                   |
| 2025-11-17 | $0.00                     | $0.00                   |
| 2025-11-18 | $0.00                     | $260118.26              |
| 2025-11-19 | $0.00                     | $0.00                   |
| 2025-11-20 | $0.00                     | $0.00                   |
| 2025-11-21 | $0.00                     | $0.00                   |
| 2025-11-24 | $0.00                     | $0.00                   |
| 2025-11-25 | $0.00                     | $0.00                   |
| 2025-11-26 | $0.00                     | $0.00                   |
| 2025-11-28 | $0.00                     | $0.00                   |

**Total Gross Subscriptions (Month):** $0.00

**Total Gross Redemptions (Month):** $260118.26

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-11-03 | 3.9000%           |
| 2025-11-04 | 3.8800%           |
| 2025-11-05 | 3.8700%           |
| 2025-11-06 | 3.8600%           |
| 2025-11-07 | 3.8500%           |
| 2025-11-10 | 3.8300%           |
| 2025-11-11 | 3.8300%           |
| 2025-11-12 | 3.8200%           |
| 2025-11-13 | 3.8200%           |
| 2025-11-14 | 3.8200%           |
| 2025-11-17 | 3.8200%           |
| 2025-11-18 | 3.8200%           |
| 2025-11-19 | 3.8100%           |
| 2025-11-20 | 3.8100%           |
| 2025-11-21 | 3.8100%           |
| 2025-11-24 | 3.8100%           |
| 2025-11-25 | 3.8100%           |
| 2025-11-26 | 3.8200%           |
| 2025-11-28 | 3.8200%           |

**Beneficial/Record Owner Categories**
| Category                                            | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Depository institution or other banking institution |  | 100.0000%        | 0.0000%              |

### Class: Dollar

- **Minimum Initial Investment:** $5000.00

- **Net Assets of Class:** $10082545.50

- **Number of Shares Outstanding:** 10078369.1100

- **Expense Reimbursement/Waiver:** 347.25

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-11-03 | 1.0004          |
|  |  |
| 2025-11-04 | 1.0004          |
|  |  |
| 2025-11-05 | 1.0005          |
|  |  |
| 2025-11-06 | 1.0005          |
|  |  |
| 2025-11-07 | 1.0007          |
|  |  |
| 2025-11-10 | 1.0005          |
|  |  |
| 2025-11-11 | 1.0004          |
|  |  |
| 2025-11-12 | 1.0004          |
|  |  |
| 2025-11-13 | 1.0004          |
|  |  |
| 2025-11-14 | 1.0006          |
|  |  |
| 2025-11-17 | 1.0004          |
|  |  |
| 2025-11-18 | 1.0004          |
|  |  |
| 2025-11-19 | 1.0004          |
|  |  |
| 2025-11-20 | 1.0004          |
|  |  |
| 2025-11-21 | 1.0006          |
|  |  |
| 2025-11-24 | 1.0004          |
|  |  |
| 2025-11-25 | 1.0004          |
|  |  |
| 2025-11-26 | 1.0005          |
|  |  |
| 2025-11-28 | 1.0006          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-11-03 | $10825.00                 | $0.00                   |
| 2025-11-04 | $0.01                     | $478213.03              |
| 2025-11-05 | $498013.47                | $64955.83               |
| 2025-11-06 | $0.00                     | $497487.92              |
| 2025-11-07 | $1489562.76               | $0.00                   |
| 2025-11-10 | $13400.00                 | $0.00                   |
| 2025-11-11 | $0.00                     | $0.00                   |
| 2025-11-12 | $22360.00                 | $0.00                   |
| 2025-11-13 | $605261.25                | $0.00                   |
| 2025-11-14 | $0.00                     | $0.00                   |
| 2025-11-17 | $134855.63                | $0.00                   |
| 2025-11-18 | $0.00                     | $0.00                   |
| 2025-11-19 | $0.00                     | $0.00                   |
| 2025-11-20 | $42345.00                 | $0.00                   |
| 2025-11-21 | $873.60                   | $0.00                   |
| 2025-11-24 | $0.00                     | $0.00                   |
| 2025-11-25 | $35361.86                 | $0.00                   |
| 2025-11-26 | $0.00                     | $0.00                   |
| 2025-11-28 | $6842.16                  | $0.00                   |

**Total Gross Subscriptions (Month):** $2859700.74

**Total Gross Redemptions (Month):** $1040656.78

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-11-03 | 3.6500%           |
| 2025-11-04 | 3.6400%           |
| 2025-11-05 | 3.6200%           |
| 2025-11-06 | 3.6100%           |
| 2025-11-07 | 3.6000%           |
| 2025-11-10 | 3.5800%           |
| 2025-11-11 | 3.5800%           |
| 2025-11-12 | 3.5800%           |
| 2025-11-13 | 3.5800%           |
| 2025-11-14 | 3.5700%           |
| 2025-11-17 | 3.5700%           |
| 2025-11-18 | 3.5700%           |
| 2025-11-19 | 3.5700%           |
| 2025-11-20 | 3.5600%           |
| 2025-11-21 | 3.5700%           |
| 2025-11-24 | 3.5600%           |
| 2025-11-25 | 3.5600%           |
| 2025-11-26 | 3.5700%           |
| 2025-11-28 | 3.5700%           |

**Beneficial/Record Owner Categories**
| Category                                            | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Depository institution or other banking institution |  | 90.8200%         | 0.0000%              |

### Class: Mischler Financial Group Shares

- **Minimum Initial Investment:** $3000000.00

- **Net Assets of Class:** $4986706.47

- **Number of Shares Outstanding:** 4984635.5000

- **Expense Reimbursement/Waiver:** 193.42

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-11-03 | 1.0004          |
|  |  |
| 2025-11-04 | 1.0004          |
|  |  |
| 2025-11-05 | 1.0005          |
|  |  |
| 2025-11-06 | 1.0005          |
|  |  |
| 2025-11-07 | 1.0007          |
|  |  |
| 2025-11-10 | 1.0005          |
|  |  |
| 2025-11-11 | 1.0004          |
|  |  |
| 2025-11-12 | 1.0004          |
|  |  |
| 2025-11-13 | 1.0004          |
|  |  |
| 2025-11-14 | 1.0006          |
|  |  |
| 2025-11-17 | 1.0004          |
|  |  |
| 2025-11-18 | 1.0004          |
|  |  |
| 2025-11-19 | 1.0004          |
|  |  |
| 2025-11-20 | 1.0004          |
|  |  |
| 2025-11-21 | 1.0006          |
|  |  |
| 2025-11-24 | 1.0004          |
|  |  |
| 2025-11-25 | 1.0004          |
|  |  |
| 2025-11-26 | 1.0005          |
|  |  |
| 2025-11-28 | 1.0006          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-11-03 | $0.00                     | $0.00                   |
| 2025-11-04 | $1000000.00               | $0.00                   |
| 2025-11-05 | $0.00                     | $0.00                   |
| 2025-11-06 | $0.00                     | $1000000.00             |
| 2025-11-07 | $0.00                     | $1000000.00             |
| 2025-11-10 | $0.00                     | $0.00                   |
| 2025-11-11 | $0.00                     | $0.00                   |
| 2025-11-12 | $0.00                     | $0.00                   |
| 2025-11-13 | $0.00                     | $0.00                   |
| 2025-11-14 | $0.00                     | $0.00                   |
| 2025-11-17 | $0.00                     | $0.00                   |
| 2025-11-18 | $0.00                     | $0.00                   |
| 2025-11-19 | $0.00                     | $0.00                   |
| 2025-11-20 | $0.00                     | $0.00                   |
| 2025-11-21 | $0.00                     | $0.00                   |
| 2025-11-24 | $0.00                     | $0.00                   |
| 2025-11-25 | $0.00                     | $0.00                   |
| 2025-11-26 | $0.00                     | $0.00                   |
| 2025-11-28 | $8445.70                  | $0.00                   |

**Total Gross Subscriptions (Month):** $1008445.70

**Total Gross Redemptions (Month):** $2000000.00

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-11-03 | 3.9000%           |
| 2025-11-04 | 3.8800%           |
| 2025-11-05 | 3.8700%           |
| 2025-11-06 | 3.8600%           |
| 2025-11-07 | 3.8500%           |
| 2025-11-10 | 3.8300%           |
| 2025-11-11 | 3.8300%           |
| 2025-11-12 | 3.8200%           |
| 2025-11-13 | 3.8200%           |
| 2025-11-14 | 3.8200%           |
| 2025-11-17 | 3.8200%           |
| 2025-11-18 | 3.8200%           |
| 2025-11-19 | 3.8100%           |
| 2025-11-20 | 3.8100%           |
| 2025-11-21 | 3.8100%           |
| 2025-11-24 | 3.8100%           |
| 2025-11-25 | 3.8100%           |
| 2025-11-26 | 3.8200%           |
| 2025-11-28 | 3.8200%           |

**Beneficial/Record Owner Categories**
| Category                                                                    | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Non-financial corporation                                                   |  | 16.0400%         | 0.0000%              |
| State or municipal government entity (excluding governmental pension plans) |  | 32.7300%         | 0.0000%              |
| Depository institution or other banking institution                         |  | 50.0700%         | 0.0000%              |

## Part C: Schedule of Portfolio Securities

### Security 1: U.S. Treasury Bills

- **C.1 - Title:** U.S. Treasury Bills
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797NU7, C.4 - ISIN: US912797NU77, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $215231352.51
- **C.18.a - Value (excl. sponsor support):** $215231352.51
- **C.19 - Percentage of Net Assets:** 3.4200%
- **C.17 - Yield as of Reporting Date:** 3.5300%
- **C.11 - Maturity Date (WAM):** 2025-12-26
- **C.12 - Maturity Date (WAL):** 2025-12-26
- **C.13 - Final Legal Maturity Date:** 2025-12-26
- **C.10 - Ratings:** Fitch: F1+; Standard & Poor's: A-1+; Moody's: P-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 2: U.S. Treasury Bills

- **C.1 - Title:** U.S. Treasury Bills
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797RY5, C.4 - ISIN: US912797RY53, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $406250201.57
- **C.18.a - Value (excl. sponsor support):** $406250201.57
- **C.19 - Percentage of Net Assets:** 6.4600%
- **C.17 - Yield as of Reporting Date:** 3.4900%
- **C.11 - Maturity Date (WAM):** 2025-12-23
- **C.12 - Maturity Date (WAL):** 2025-12-23
- **C.13 - Final Legal Maturity Date:** 2025-12-23
- **C.10 - Ratings:** Moody's: P-1; Fitch: F1+; Standard & Poor's: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 3: U.S. Treasury Bills

- **C.1 - Title:** U.S. Treasury Bills
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797RL3, C.4 - ISIN: US912797RL33, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $345601121.16
- **C.18.a - Value (excl. sponsor support):** $345601121.16
- **C.19 - Percentage of Net Assets:** 5.5000%
- **C.17 - Yield as of Reporting Date:** 3.6600%
- **C.11 - Maturity Date (WAM):** 2026-02-05
- **C.12 - Maturity Date (WAL):** 2026-02-05
- **C.13 - Final Legal Maturity Date:** 2026-02-05
- **C.10 - Ratings:** Standard & Poor's: A-1+; Fitch: F1+; Moody's: P-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 4: U.S. Treasury Bills

- **C.1 - Title:** U.S. Treasury Bills
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797RT6, C.4 - ISIN: US912797RT68, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $117922593.60
- **C.18.a - Value (excl. sponsor support):** $117922593.60
- **C.19 - Percentage of Net Assets:** 1.8800%
- **C.17 - Yield as of Reporting Date:** 3.6300%
- **C.11 - Maturity Date (WAM):** 2026-02-12
- **C.12 - Maturity Date (WAL):** 2026-02-12
- **C.13 - Final Legal Maturity Date:** 2026-02-12
- **C.10 - Ratings:** Standard & Poor's: A-1+; Moody's: P-1; Fitch: F1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 5: Citigroup Global Markets, Inc.

- **C.1 - Title:** Citigroup Global Markets, Inc.
- **C.6 - Investment Category:** U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash
- **Identifiers:** C.3 - CUSIP: N/A, C.3 - LEI: MBNUM2BPBDO7JBLYG310, C.5 - Other ID: BYDVC3X80
- **C.18 - Value (incl. sponsor support):** $110000000.00
- **C.18.a - Value (excl. sponsor support):** $110000000.00
- **C.19 - Percentage of Net Assets:** 1.7500%
- **C.17 - Yield as of Reporting Date:** 4.0800%
- **C.11 - Maturity Date (WAM):** 2025-12-01
- **C.12 - Maturity Date (WAL):** 2025-12-01
- **C.13 - Final Legal Maturity Date:** 2025-12-01
- **C.10 - Ratings:** Standard & Poor's: A-1; Moody's: P-1; Fitch: F1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

**C.8 - Repurchase Agreement Details:**

- **Is Open?:** No

- **Is Cleared?:** No

- **Is Tri-party?:** Yes

**Collateral:**
| Issuer Name            | Maturity Date   | Coupon   | Yield   | Principal Amount   | Collateral Value   | Category                           |
|:---|:---|:---|:---|:---|:---|:---|
| UNITED STATES TREASURY | 2035-01-15      | 2.1250%  | N/A     | $2016900.00        | $2156850.85        | U.S. Treasuries (including strips) |
| UNITED STATES TREASURY | 2035-07-15      | 1.8750%  | N/A     | $106894800.00      | $110049422.85      | U.S. Treasuries (including strips) |
| UNITED STATES TREASURY | 2034-11-15      | 4.2500%  | N/A     | $41300.00          | $42366.62          | U.S. Treasuries (including strips) |
| UNITED STATES TREASURY | 2034-08-15      | 3.8750%  | N/A     | $900.00            | $907.82            | U.S. Treasuries (including strips) |

### Security 6: U.S. Treasury Bills

- **C.1 - Title:** U.S. Treasury Bills
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797PD3, C.4 - ISIN: US912797PD35, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $124316202.50
- **C.18.a - Value (excl. sponsor support):** $124316202.50
- **C.19 - Percentage of Net Assets:** 1.9800%
- **C.17 - Yield as of Reporting Date:** 3.6400%
- **C.11 - Maturity Date (WAM):** 2026-01-22
- **C.12 - Maturity Date (WAL):** 2026-01-22
- **C.13 - Final Legal Maturity Date:** 2026-01-22
- **C.10 - Ratings:** Moody's: P-1; Fitch: F1+; Standard & Poor's: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 7: U.S. Treasury Bills

- **C.1 - Title:** U.S. Treasury Bills
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797RW9, C.4 - ISIN: US912797RW97, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $654759447.01
- **C.18.a - Value (excl. sponsor support):** $654759447.01
- **C.19 - Percentage of Net Assets:** 10.4200%
- **C.17 - Yield as of Reporting Date:** 2.8700%
- **C.11 - Maturity Date (WAM):** 2025-12-09
- **C.12 - Maturity Date (WAL):** 2025-12-09
- **C.13 - Final Legal Maturity Date:** 2025-12-09
- **C.10 - Ratings:** Fitch: F1+; Moody's: P-1; Standard & Poor's: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 8: U.S. Treasury Bills

- **C.1 - Title:** U.S. Treasury Bills
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797RH2, C.4 - ISIN: US912797RH21, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $125659268.14
- **C.18.a - Value (excl. sponsor support):** $125659268.14
- **C.19 - Percentage of Net Assets:** 2.0000%
- **C.17 - Yield as of Reporting Date:** 3.5900%
- **C.11 - Maturity Date (WAM):** 2026-01-08
- **C.12 - Maturity Date (WAL):** 2026-01-08
- **C.13 - Final Legal Maturity Date:** 2026-01-08
- **C.10 - Ratings:** Standard & Poor's: A-1+; Fitch: F1+; Moody's: P-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 9: U.S. Treasury Bills

- **C.1 - Title:** U.S. Treasury Bills
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797RZ2, C.4 - ISIN: US912797RZ29, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $469590568.96
- **C.18.a - Value (excl. sponsor support):** $469590568.96
- **C.19 - Percentage of Net Assets:** 7.4700%
- **C.17 - Yield as of Reporting Date:** 3.5700%
- **C.11 - Maturity Date (WAM):** 2025-12-30
- **C.12 - Maturity Date (WAL):** 2025-12-30
- **C.13 - Final Legal Maturity Date:** 2025-12-30
- **C.10 - Ratings:** Fitch: F1+; Standard & Poor's: A-1+; Moody's: P-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 10: U.S. Treasury Bills

- **C.1 - Title:** U.S. Treasury Bills
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797SF5, C.4 - ISIN: US912797SF55, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $208521256.50
- **C.18.a - Value (excl. sponsor support):** $208521256.50
- **C.19 - Percentage of Net Assets:** 3.3200%
- **C.17 - Yield as of Reporting Date:** 3.6000%
- **C.11 - Maturity Date (WAM):** 2026-01-13
- **C.12 - Maturity Date (WAL):** 2026-01-13
- **C.13 - Final Legal Maturity Date:** 2026-01-13
- **C.10 - Ratings:** Fitch: F1+; Moody's: P-1; Standard & Poor's: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 11: U.S. Treasury Bills

- **C.1 - Title:** U.S. Treasury Bills
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797RR0, C.4 - ISIN: US912797RR03, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $909501871.95
- **C.18.a - Value (excl. sponsor support):** $909501871.95
- **C.19 - Percentage of Net Assets:** 14.4700%
- **C.17 - Yield as of Reporting Date:** 3.9800%
- **C.11 - Maturity Date (WAM):** 2025-12-02
- **C.12 - Maturity Date (WAL):** 2025-12-02
- **C.13 - Final Legal Maturity Date:** 2025-12-02
- **C.10 - Ratings:** Standard & Poor's: A-1+; Fitch: F1+; Moody's: P-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 12: U.S. Treasury Bills

- **C.1 - Title:** U.S. Treasury Bills
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797SG3, C.4 - ISIN: US912797SG39, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $141141145.79
- **C.18.a - Value (excl. sponsor support):** $141141145.79
- **C.19 - Percentage of Net Assets:** 2.2500%
- **C.17 - Yield as of Reporting Date:** 3.6600%
- **C.11 - Maturity Date (WAM):** 2026-01-20
- **C.12 - Maturity Date (WAL):** 2026-01-20
- **C.13 - Final Legal Maturity Date:** 2026-01-20
- **C.10 - Ratings:** Fitch: F1+; Moody's: P-1; Standard & Poor's: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 13: BNP Paribas SA

- **C.1 - Title:** BNP Paribas SA
- **C.6 - Investment Category:** U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash
- **Identifiers:** C.3 - CUSIP: N/A, C.3 - LEI: R0MUWSFPU8MPRO8K5P83, C.5 - Other ID: BYDVC3WX6
- **C.18 - Value (incl. sponsor support):** $200000000.00
- **C.18.a - Value (excl. sponsor support):** $200000000.00
- **C.19 - Percentage of Net Assets:** 3.1800%
- **C.17 - Yield as of Reporting Date:** 4.0800%
- **C.11 - Maturity Date (WAM):** 2025-12-01
- **C.12 - Maturity Date (WAL):** 2025-12-01
- **C.13 - Final Legal Maturity Date:** 2025-12-01
- **C.10 - Ratings:** Standard & Poor's: A-1; Fitch: F1; Moody's: P-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

**C.8 - Repurchase Agreement Details:**

- **Is Open?:** No

- **Is Cleared?:** No

- **Is Tri-party?:** Yes

**Collateral:**
| Issuer Name      | Maturity Date   | Coupon   | Yield   | Principal Amount   | Collateral Value   | Category                           |
|:---|:---|:---|:---|:---|:---|:---|
| 4 1/2 TPRN 36    | 2036-02-15      | 0.0000%  | N/A     | $200.00            | $134.07            | U.S. Treasuries (including strips) |
| 0 1/4 TRIN D 29  | 2029-07-15      | 0.2500%  | N/A     | $8257600.00        | $10156848.54       | U.S. Treasuries (including strips) |
| TINT 05/15/41    | 2041-05-15      | 0.0000%  | N/A     | $1153427.20        | $559454.87         | U.S. Treasuries (including strips) |
| TINT 11/15/40    | 2040-11-15      | 0.0000%  | N/A     | $30661386.24       | $15275686.59       | U.S. Treasuries (including strips) |
| TINT 08/15/40    | 2040-08-15      | 0.0000%  | N/A     | $28814703.72       | $14561395.27       | U.S. Treasuries (including strips) |
| 0 3/4 TRIB 45    | 2045-02-15      | 0.7500%  | N/A     | $1000.00           | $1037.56           | U.S. Treasuries (including strips) |
| 3 BOND 52        | 2052-08-15      | 3.0000%  | N/A     | $200.00            | $150.09            | U.S. Treasuries (including strips) |
| 4 1/4 TPRN 54    | 2054-02-15      | 0.0000%  | N/A     | $2121400.00        | $560855.73         | U.S. Treasuries (including strips) |
| 4 1/8 NOTE AG 29 | 2029-11-30      | 4.1250%  | N/A     | $54346000.00       | $56641552.77       | U.S. Treasuries (including strips) |
| 3 1/2 NOTE AU 28 | 2028-11-15      | 3.5000%  | N/A     | $39143800.00       | $39220400.74       | U.S. Treasuries (including strips) |
| 3 3/4 NOTE M 30  | 2030-06-30      | 3.7500%  | N/A     | $900.00            | $920.96            | U.S. Treasuries (including strips) |
| 2 1/2 TPRN 46    | 2046-05-15      | 0.0000%  | N/A     | $30500.00          | $11560.02          | U.S. Treasuries (including strips) |
| TRFR BK 10/31/26 | 2026-10-31      | 3.9854%  | N/A     | $300.00            | $301.03            | U.S. Treasuries (including strips) |
| 4 1/4 NOTE AJ 28 | 2028-01-15      | 4.2500%  | N/A     | $46586900.00       | $48035590.55       | U.S. Treasuries (including strips) |
| 4 3/4 TPRN 53    | 2053-11-15      | 0.0000%  | N/A     | $13155900.00       | $3528938.62        | U.S. Treasuries (including strips) |
| 4 1/4 NOTE F 34  | 2034-11-15      | 4.2500%  | N/A     | $6000.00           | $6154.96           | U.S. Treasuries (including strips) |
| 2 3/4 BOND 47    | 2047-08-15      | 2.7500%  | N/A     | $13767500.00       | $10243219.18       | U.S. Treasuries (including strips) |
| 4 5/8 BOND 44    | 2044-11-15      | 4.6250%  | N/A     | $1000.00           | $1005.84           | U.S. Treasuries (including strips) |
| 0 5/8 NOTE C 30  | 2030-05-15      | 0.6250%  | N/A     | $100.00            | $88.02             | U.S. Treasuries (including strips) |
| 4 5/8 BOND 55    | 2055-11-15      | 4.6250%  | N/A     | $5201600.00        | $5194384.92        | U.S. Treasuries (including strips) |
| TINT 11/15/42    | 2042-11-15      | 0.0000%  | N/A     | $717.88            | $319.68            | U.S. Treasuries (including strips) |

### Security 14: JP Morgan Securities LLC

- **C.1 - Title:** JP Morgan Securities LLC
- **C.6 - Investment Category:** U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash
- **Identifiers:** C.3 - CUSIP: N/A, C.3 - LEI: ZBUT11V806EZRVTWT807, C.5 - Other ID: BYDVC3YC0
- **C.18 - Value (incl. sponsor support):** $200000000.00
- **C.18.a - Value (excl. sponsor support):** $200000000.00
- **C.19 - Percentage of Net Assets:** 3.1800%
- **C.17 - Yield as of Reporting Date:** 4.0800%
- **C.11 - Maturity Date (WAM):** 2025-12-01
- **C.12 - Maturity Date (WAL):** 2025-12-01
- **C.13 - Final Legal Maturity Date:** 2025-12-01
- **C.10 - Ratings:** Moody's: P-1; Standard & Poor's: A-1+; Fitch: F1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

**C.8 - Repurchase Agreement Details:**

- **Is Open?:** No

- **Is Cleared?:** No

- **Is Tri-party?:** Yes

**Collateral:**
| Issuer Name      | Maturity Date   | Coupon   | Yield   | Principal Amount   | Collateral Value   | Category                           |
|:---|:---|:---|:---|:---|:---|:---|
| 3 7/8 NOTE AP 28 | 2028-06-15      | 3.8750%  | N/A     | $198615900.00      | $204000006.95      | U.S. Treasuries (including strips) |

### Security 15: U.S. Treasury Bills

- **C.1 - Title:** U.S. Treasury Bills
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797QY6, C.4 - ISIN: US912797QY62, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $332675378.43
- **C.18.a - Value (excl. sponsor support):** $332675378.43
- **C.19 - Percentage of Net Assets:** 5.2900%
- **C.17 - Yield as of Reporting Date:** 3.0600%
- **C.11 - Maturity Date (WAM):** 2025-12-11
- **C.12 - Maturity Date (WAL):** 2025-12-11
- **C.13 - Final Legal Maturity Date:** 2025-12-11
- **C.10 - Ratings:** Fitch: F1+; Moody's: P-1; Standard & Poor's: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 16: U.S. Treasury Bills

- **C.1 - Title:** U.S. Treasury Bills
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797RX7, C.4 - ISIN: US912797RX70, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $226919506.28
- **C.18.a - Value (excl. sponsor support):** $226919506.28
- **C.19 - Percentage of Net Assets:** 3.6100%
- **C.17 - Yield as of Reporting Date:** 3.3000%
- **C.11 - Maturity Date (WAM):** 2025-12-16
- **C.12 - Maturity Date (WAL):** 2025-12-16
- **C.13 - Final Legal Maturity Date:** 2025-12-16
- **C.10 - Ratings:** Moody's: P-1; Standard & Poor's: A-1+; Fitch: F1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 17: Nomura Securities International, Inc.

- **C.1 - Title:** Nomura Securities International, Inc.
- **C.6 - Investment Category:** U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash
- **Identifiers:** C.3 - CUSIP: N/A, C.3 - LEI: OXTKY6Q8X53C9ILVV871, C.5 - Other ID: BYDVC3YP1
- **C.18 - Value (incl. sponsor support):** $200000000.00
- **C.18.a - Value (excl. sponsor support):** $200000000.00
- **C.19 - Percentage of Net Assets:** 3.1800%
- **C.17 - Yield as of Reporting Date:** 4.0800%
- **C.11 - Maturity Date (WAM):** 2025-12-01
- **C.12 - Maturity Date (WAL):** 2025-12-01
- **C.13 - Final Legal Maturity Date:** 2025-12-01
- **C.10 - Ratings:** Standard & Poor's: NR; Fitch: NR; Moody's: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

**C.8 - Repurchase Agreement Details:**

- **Is Open?:** No

- **Is Cleared?:** No

- **Is Tri-party?:** Yes

**Collateral:**
| Issuer Name      | Maturity Date   | Coupon   | Yield   | Principal Amount   | Collateral Value   | Category                           |
|:---|:---|:---|:---|:---|:---|:---|
| 4 5/8 NOTE AT 26 | 2026-10-15      | 4.6250%  | N/A     | $53456200.00       | $54184629.43       | U.S. Treasuries (including strips) |
| TINT 08/15/52    | 2052-08-15      | 0.0000%  | N/A     | $110999.99         | $30387.36          | U.S. Treasuries (including strips) |
| TINT 11/15/49    | 2049-11-15      | 0.0000%  | N/A     | $9068.43           | $2819.19           | U.S. Treasuries (including strips) |
| 4 1/8 NOTE AU 27 | 2027-11-15      | 4.1250%  | N/A     | $147830600.00      | $149782164.02      | U.S. Treasuries (including strips) |

### Security 18: U.S. Treasury Notes

- **C.1 - Title:** U.S. Treasury Notes
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 91282CJS1, C.4 - ISIN: US91282CJS17, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $9003002.13
- **C.18.a - Value (excl. sponsor support):** $9003002.13
- **C.19 - Percentage of Net Assets:** 0.1400%
- **C.17 - Yield as of Reporting Date:** 3.8100%
- **C.11 - Maturity Date (WAM):** 2025-12-31
- **C.12 - Maturity Date (WAL):** 2025-12-31
- **C.13 - Final Legal Maturity Date:** 2025-12-31
- **C.10 - Ratings:** Fitch: AA+; Moody's: Aa1; Standard & Poor's: AA+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 19: U.S. Treasury Bills

- **C.1 - Title:** U.S. Treasury Bills
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797RJ8, C.4 - ISIN: US912797RJ86, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $91510672.33
- **C.18.a - Value (excl. sponsor support):** $91510672.33
- **C.19 - Percentage of Net Assets:** 1.4600%
- **C.17 - Yield as of Reporting Date:** 3.6200%
- **C.11 - Maturity Date (WAM):** 2026-01-15
- **C.12 - Maturity Date (WAL):** 2026-01-15
- **C.13 - Final Legal Maturity Date:** 2026-01-15
- **C.10 - Ratings:** Standard & Poor's: A-1+; Fitch: F1+; Moody's: P-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 20: U.S. Treasury Notes

- **C.1 - Title:** U.S. Treasury Notes
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 91282CBC4, C.4 - ISIN: US91282CBC47, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $5838567.47
- **C.18.a - Value (excl. sponsor support):** $5838567.47
- **C.19 - Percentage of Net Assets:** 0.0900%
- **C.17 - Yield as of Reporting Date:** 3.5100%
- **C.11 - Maturity Date (WAM):** 2025-12-31
- **C.12 - Maturity Date (WAL):** 2025-12-31
- **C.13 - Final Legal Maturity Date:** 2025-12-31
- **C.10 - Ratings:** Moody's: Aa1; Standard & Poor's: AA+; Fitch: AA+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 21: U.S. Treasury Bills

- **C.1 - Title:** U.S. Treasury Bills
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797RA7, C.4 - ISIN: US912797RA77, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $59432224.78
- **C.18.a - Value (excl. sponsor support):** $59432224.78
- **C.19 - Percentage of Net Assets:** 0.9500%
- **C.17 - Yield as of Reporting Date:** 3.5400%
- **C.11 - Maturity Date (WAM):** 2026-01-02
- **C.12 - Maturity Date (WAL):** 2026-01-02
- **C.13 - Final Legal Maturity Date:** 2026-01-02
- **C.10 - Ratings:** Moody's: P-1; Standard & Poor's: A-1+; Fitch: F1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 22: U.S. Treasury Bills

- **C.1 - Title:** U.S. Treasury Bills
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797RK5, C.4 - ISIN: US912797RK59, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $149062392.00
- **C.18.a - Value (excl. sponsor support):** $149062392.00
- **C.19 - Percentage of Net Assets:** 2.3700%
- **C.17 - Yield as of Reporting Date:** 3.7000%
- **C.11 - Maturity Date (WAM):** 2026-01-29
- **C.12 - Maturity Date (WAL):** 2026-01-29
- **C.13 - Final Legal Maturity Date:** 2026-01-29
- **C.10 - Ratings:** Standard & Poor's: A-1+; Fitch: F1+; Moody's: P-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 23: BNP Paribas SA

- **C.1 - Title:** BNP Paribas SA
- **C.6 - Investment Category:** U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash
- **Identifiers:** C.3 - CUSIP: N/A, C.3 - LEI: R0MUWSFPU8MPRO8K5P83, C.5 - Other ID: BYDVC3X31
- **C.18 - Value (incl. sponsor support):** $15000000.00
- **C.18.a - Value (excl. sponsor support):** $15000000.00
- **C.19 - Percentage of Net Assets:** 0.2400%
- **C.17 - Yield as of Reporting Date:** 4.0800%
- **C.11 - Maturity Date (WAM):** 2025-12-01
- **C.12 - Maturity Date (WAL):** 2025-12-01
- **C.13 - Final Legal Maturity Date:** 2025-12-01
- **C.10 - Ratings:** Standard & Poor's: A-1; Moody's: P-1; Fitch: F1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

**C.8 - Repurchase Agreement Details:**

- **Is Open?:** No

- **Is Cleared?:** No

- **Is Tri-party?:** Yes

**Collateral:**
| Issuer Name      | Maturity Date   | Coupon   | Yield   | Principal Amount   | Collateral Value   | Category                           |
|:---|:---|:---|:---|:---|:---|:---|
| 3 1/2 NOTE AU 28 | 2028-11-15      | 3.5000%  | N/A     | $200.00            | $200.39            | U.S. Treasuries (including strips) |
| 3 7/8 NOTE AH 27 | 2027-12-31      | 3.8750%  | N/A     | $100.00            | $102.36            | U.S. Treasuries (including strips) |
| 0 1/4 TRIN D 29  | 2029-07-15      | 0.2500%  | N/A     | $12438800.00       | $15299724.82       | U.S. Treasuries (including strips) |

### Security 24: Citigroup Global Markets, Inc.

- **C.1 - Title:** Citigroup Global Markets, Inc.
- **C.6 - Investment Category:** U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash
- **Identifiers:** C.3 - CUSIP: N/A, C.3 - LEI: MBNUM2BPBDO7JBLYG310, C.5 - Other ID: BYDVC3XC1
- **C.18 - Value (incl. sponsor support):** $50000000.00
- **C.18.a - Value (excl. sponsor support):** $50000000.00
- **C.19 - Percentage of Net Assets:** 0.8000%
- **C.17 - Yield as of Reporting Date:** 4.0800%
- **C.11 - Maturity Date (WAM):** 2025-12-01
- **C.12 - Maturity Date (WAL):** 2025-12-01
- **C.13 - Final Legal Maturity Date:** 2025-12-01
- **C.10 - Ratings:** Fitch: F1; Moody's: P-1; Standard & Poor's: A-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

**C.8 - Repurchase Agreement Details:**

- **Is Open?:** No

- **Is Cleared?:** No

- **Is Tri-party?:** Yes

**Collateral:**
| Issuer Name            | Maturity Date   | Coupon   | Yield   | Principal Amount   | Collateral Value   | Category                           |
|:---|:---|:---|:---|:---|:---|:---|
| UNITED STATES TREASURY | 2034-11-15      | 4.2500%  | N/A     | $48286600.00       | $49533661.47       | U.S. Treasuries (including strips) |
| UNITED STATES TREASURY | 2035-01-15      | 2.1250%  | N/A     | $444800.00         | $475664.26         | U.S. Treasuries (including strips) |
| UNITED STATES TREASURY | 2034-05-15      | 4.3750%  | N/A     | $100.00            | $103.73            | U.S. Treasuries (including strips) |
| UNITED STATES TREASURY | 2034-08-15      | 3.8750%  | N/A     | $981700.00         | $990217.62         | U.S. Treasuries (including strips) |
| UNITED STATES TREASURY | 2034-07-15      | 1.8750%  | N/A     | $400.00            | $423.98            | U.S. Treasuries (including strips) |

### Security 25: Bank of America Securities, Inc.

- **C.1 - Title:** Bank of America Securities, Inc.
- **C.6 - Investment Category:** U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash
- **Identifiers:** C.3 - CUSIP: N/A, C.3 - LEI: 549300HN4UKV1E2R3U73, C.5 - Other ID: BYDVC3WV0
- **C.18 - Value (incl. sponsor support):** $115000000.00
- **C.18.a - Value (excl. sponsor support):** $115000000.00
- **C.19 - Percentage of Net Assets:** 1.8300%
- **C.17 - Yield as of Reporting Date:** 4.0800%
- **C.11 - Maturity Date (WAM):** 2025-12-01
- **C.12 - Maturity Date (WAL):** 2025-12-01
- **C.13 - Final Legal Maturity Date:** 2025-12-01
- **C.10 - Ratings:** Fitch: F1+; Moody's: NR; Standard & Poor's: A-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

**C.8 - Repurchase Agreement Details:**

- **Is Open?:** No

- **Is Cleared?:** No

- **Is Tri-party?:** Yes

**Collateral:**
| Issuer Name      | Maturity Date   | Coupon   | Yield   | Principal Amount   | Collateral Value   | Category                           |
|:---|:---|:---|:---|:---|:---|:---|
| 2 5/8 NOTE Z 27  | 2027-05-31      | 2.6250%  | N/A     | $100.00            | $99.95             | U.S. Treasuries (including strips) |
| 3 1/2 NOTE Y 28  | 2028-04-30      | 3.5000%  | N/A     | $47415700.00       | $47550037.32       | U.S. Treasuries (including strips) |
| 2 7/8 NOTE C 28  | 2028-05-15      | 2.8750%  | N/A     | $100.00            | $98.65             | U.S. Treasuries (including strips) |
| TINT 02/15/45    | 2045-02-15      | 0.0000%  | N/A     | $94683136.00       | $37022053.01       | U.S. Treasuries (including strips) |
| TINT 05/15/42    | 2042-05-15      | 0.0000%  | N/A     | $3522.56           | $1606.90           | U.S. Treasuries (including strips) |
| TINT 08/15/38    | 2038-08-15      | 0.0000%  | N/A     | $43489853.44       | $24692799.46       | U.S. Treasuries (including strips) |
| 4 3/4 BOND 41    | 2041-02-15      | 4.7500%  | N/A     | $800.00            | $838.34            | U.S. Treasuries (including strips) |
| 1 3/4 BOND 41    | 2041-08-15      | 1.7500%  | N/A     | $900.00            | $623.49            | U.S. Treasuries (including strips) |
| 3 3/8 NOTE AS 27 | 2027-09-15      | 3.3750%  | N/A     | $7996800.00        | $8031843.35        | U.S. Treasuries (including strips) |

### Security 26: U.S. Treasury Bills

- **C.1 - Title:** U.S. Treasury Bills
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797QS9, C.4 - ISIN: US912797QS94, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $107191541.77
- **C.18.a - Value (excl. sponsor support):** $107191541.77
- **C.19 - Percentage of Net Assets:** 1.7100%
- **C.17 - Yield as of Reporting Date:** 1.9600%
- **C.11 - Maturity Date (WAM):** 2025-12-04
- **C.12 - Maturity Date (WAL):** 2025-12-04
- **C.13 - Final Legal Maturity Date:** 2025-12-04
- **C.10 - Ratings:** Fitch: F1+; Moody's: P-1; Standard & Poor's: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 27: U.S. Treasury Bills

- **C.1 - Title:** U.S. Treasury Bills
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797SH1, C.4 - ISIN: US912797SH12, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $198804584.00
- **C.18.a - Value (excl. sponsor support):** $198804584.00
- **C.19 - Percentage of Net Assets:** 3.1600%
- **C.17 - Yield as of Reporting Date:** 3.6900%
- **C.11 - Maturity Date (WAM):** 2026-01-27
- **C.12 - Maturity Date (WAL):** 2026-01-27
- **C.13 - Final Legal Maturity Date:** 2026-01-27
- **C.10 - Ratings:** Moody's: P-1; Fitch: F1+; Standard & Poor's: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 28: U.S. Treasury Bills

- **C.1 - Title:** U.S. Treasury Bills
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797RU3, C.4 - ISIN: US912797RU32, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $74325206.25
- **C.18.a - Value (excl. sponsor support):** $74325206.25
- **C.19 - Percentage of Net Assets:** 1.1800%
- **C.17 - Yield as of Reporting Date:** 3.6700%
- **C.11 - Maturity Date (WAM):** 2026-02-26
- **C.12 - Maturity Date (WAL):** 2026-02-26
- **C.13 - Final Legal Maturity Date:** 2026-02-26
- **C.10 - Ratings:** Standard & Poor's: A-1+; Moody's: P-1; Fitch: F1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 29: Bank of America Securities, Inc.

- **C.1 - Title:** Bank of America Securities, Inc.
- **C.6 - Investment Category:** U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash
- **Identifiers:** C.3 - CUSIP: N/A, C.3 - LEI: 549300HN4UKV1E2R3U73, C.5 - Other ID: BYDVC3WS7
- **C.18 - Value (incl. sponsor support):** $5000000.00
- **C.18.a - Value (excl. sponsor support):** $5000000.00
- **C.19 - Percentage of Net Assets:** 0.0800%
- **C.17 - Yield as of Reporting Date:** 4.0800%
- **C.11 - Maturity Date (WAM):** 2025-12-01
- **C.12 - Maturity Date (WAL):** 2025-12-01
- **C.13 - Final Legal Maturity Date:** 2025-12-01
- **C.10 - Ratings:** Moody's: NR; Standard & Poor's: A-1; Fitch: F1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

**C.8 - Repurchase Agreement Details:**

- **Is Open?:** No

- **Is Cleared?:** No

- **Is Tri-party?:** Yes

**Collateral:**
| Issuer Name     | Maturity Date   | Coupon   | Yield   | Principal Amount   | Collateral Value   | Category                           |
|:---|:---|:---|:---|:---|:---|:---|
| 1 1/2 NOTE E 26 | 2026-08-15      | 1.5000%  | N/A     | $928000.00         | $917583.10         | U.S. Treasuries (including strips) |
| TINT 08/15/27   | 2027-08-15      | 0.0000%  | N/A     | $4444699.65        | $4182417.92        | U.S. Treasuries (including strips) |

### Security 30: U.S. Treasury Bills

- **C.1 - Title:** U.S. Treasury Bills
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797SE8, C.4 - ISIN: US912797SE80, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $223160005.89
- **C.18.a - Value (excl. sponsor support):** $223160005.89
- **C.19 - Percentage of Net Assets:** 3.5500%
- **C.17 - Yield as of Reporting Date:** 3.5700%
- **C.11 - Maturity Date (WAM):** 2026-01-06
- **C.12 - Maturity Date (WAL):** 2026-01-06
- **C.13 - Final Legal Maturity Date:** 2026-01-06
- **C.10 - Ratings:** Moody's: P-1; Standard & Poor's: A-1+; Fitch: F1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 31: U.S. Treasury Bills

- **C.1 - Title:** U.S. Treasury Bills
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797QZ3, C.4 - ISIN: US912797QZ38, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $445813332.06
- **C.18.a - Value (excl. sponsor support):** $445813332.06
- **C.19 - Percentage of Net Assets:** 7.0900%
- **C.17 - Yield as of Reporting Date:** 3.3700%
- **C.11 - Maturity Date (WAM):** 2025-12-18
- **C.12 - Maturity Date (WAL):** 2025-12-18
- **C.13 - Final Legal Maturity Date:** 2025-12-18
- **C.10 - Ratings:** Fitch: F1+; Moody's: P-1; Standard & Poor's: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 32: U.S. Treasury Bills

- **C.1 - Title:** U.S. Treasury Bills
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797PM3, C.4 - ISIN: US912797PM34, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $14832696.16
- **C.18.a - Value (excl. sponsor support):** $14832696.16
- **C.19 - Percentage of Net Assets:** 0.2400%
- **C.17 - Yield as of Reporting Date:** 3.6500%
- **C.11 - Maturity Date (WAM):** 2026-02-19
- **C.12 - Maturity Date (WAL):** 2026-02-19
- **C.13 - Final Legal Maturity Date:** 2026-02-19
- **C.10 - Ratings:** Fitch: F1+; Moody's: P-1; Standard & Poor's: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

## N-MFP: Signatures

**Registrant:** BlackRock Liquidity Funds

**Date:** 2025-12-04

**By:** Chuck Pulsfort

**Name of Signing Officer:** Chuck Pulsfort

**Title of Signing Officer:** Assistant Treasurer