# EDGAR Filing Document

**Accession Number:** 0000774013
**File Stem:** 0001410368-26-054542
**Filing Date:** 2026-5
**Character Count:** 186839
**Document Hash:** 6a599cc1bd4ba7edaa71b9595c7d0ffb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-054542.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0001410368-26-054542

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK MULTI STATE MUNICIPAL SERIES TRUST
- **CENTRAL INDEX KEY:** 0000774013

**ORGANIZATION NAME:**
- **EIN:** 226437104
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04375
- **FILM NUMBER:** 261030958

**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:** MERRILL LYNCH MULTI STATE MUNICIPAL SERIES TRUST
- **DATE OF NAME CHANGE:** 20051212

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MERRILL LYNCH N Y MUNI BD FD OF M L MULTI ST MUNI SER TRUST
- **DATE OF NAME CHANGE:** 19930225

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MERRILL LYNCH MULTI STATE TAX EXEMPT SERIES TRUST
- **DATE OF NAME CHANGE:** 19871206

## Series and Classes Contracts Data

### BlackRock New York Municipal Opportunities Fund (Series ID: S000004034)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000011313 | Investor A1   |  |
| C000011316 | Institutional |  |
| C000038358 | Investor A    |  |
| C000038359 | Investor C    |  |
| C000199771 | Class K       |  |

## Nport-Ex

March 31, 2026

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

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

---

| |
|:---|
| **BlackRock Multi-State Municipal Series Trust** |
| • BlackRock New York Municipal Opportunities Fund |

---

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

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

------

Schedule of Investments (unaudited)

March 31, 2026

**BlackRock New York Municipal Opportunities Fund** 

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

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br>*(000)*<br>| *Value* |
| **Corporate Bonds** | **Corporate Bonds** | **Corporate Bonds** |
| **Commercial Services & Supplies — 1.6%** | **Commercial Services & Supplies — 1.6%** | **Commercial Services & Supplies — 1.6%** |
| Cornell University |  |  |
| &nbsp;&nbsp;&nbsp; 4.84%, 06/15/34 | $7880 | &nbsp;&nbsp; $7931957 |
| &nbsp;&nbsp;&nbsp; Series 2025, 4.73%, 06/15/35 | 6140 | &nbsp;&nbsp; 6085271 |
| &nbsp;&nbsp;&nbsp; Trustees of Columbia University in the City of New <br> York, Series 2024, 4.36%, 10/01/35<br>| 2835 | &nbsp;&nbsp; 2744258 |
| **Total Corporate Bonds — 1.6%** <br>**(Cost: $16,977,662)** | **Total Corporate Bonds — 1.6%** <br>**(Cost: $16,977,662)** | &nbsp;&nbsp; 16761486 |
| **Municipal Bonds** | **Municipal Bonds** | **Municipal Bonds** |
| **Alabama — 0.2%** | **Alabama — 0.2%** |  |
| **Corporate — 0.2%** | **Corporate — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Southeast Energy Authority A Cooperative District, RB, <br> Series A, 5.00%, 01/01/56<sup>(a)</sup><br>| 2420 | &nbsp;&nbsp; 2433684 |
| **California**<sup>(a)</sup> **— 0.7%** | **California**<sup>(a)</sup> **— 0.7%** |  |
| **Corporate — 0.1%** | **Corporate — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; San Joaquin Valley Clean Energy Authority, RB, <br> Series A, Sustainability Bonds, 5.50%, 01/01/56<br>| 625 | &nbsp;&nbsp; 680618 |
| **Transportation — 0.6%** | **Transportation — 0.6%** |  |
| &nbsp;&nbsp;&nbsp; California Infrastructure & Economic Development <br> Bank, Refunding RB, Class B, AMT, Sustainability <br> Bonds, 12.00%, 01/01/65<sup>(b)</sup><br>| 13130 | &nbsp;&nbsp; 6958900 |
| **Total Municipal Bonds in California** | **Total Municipal Bonds in California** | &nbsp;&nbsp; 7639518 |
| **District of Columbia — 0.0%** | **District of Columbia — 0.0%** |  |
| **Tobacco — 0.0%** | **Tobacco — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; District of Columbia Tobacco Settlement Financing <br> Corp., RB, Series A, 0.00%, 06/15/46<sup>(c)</sup><br>| 1160 | &nbsp;&nbsp; 266670 |
| **Florida**<sup>(a)(b)(d)(e)</sup> **— 0.2%** | **Florida**<sup>(a)(b)(d)(e)</sup> **— 0.2%** |  |
| **Transportation — 0.2%** | **Transportation — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Florida Development Finance Corp., RB, Series A, <br> AMT, 0.00%, 07/15/59<br>| 3260 | &nbsp;&nbsp; 1141000 |
| &nbsp;&nbsp;&nbsp; Florida Development Finance Corp., Refunding RB, <br> AMT, 0.00%, 07/15/32<br>| 2495 | &nbsp;&nbsp; 873250 |
| **Total Municipal Bonds in Florida** | **Total Municipal Bonds in Florida** | &nbsp;&nbsp; 2014250 |
| **New York — 81.8%** | **New York — 81.8%** |  |
| **Corporate — 3.0%** | **Corporate — 3.0%** |  |
| &nbsp;&nbsp;&nbsp; Build NYC Resource Corp., Refunding RB, AMT, <br> 5.00%, 01/01/35<sup>(b)</sup><br>| 100 | &nbsp;&nbsp; 100135 |
| &nbsp;&nbsp;&nbsp; New York Energy Finance Development Corp., RB, <br> 5.00%, 07/01/56<sup>(a)</sup><br>| 24845 | &nbsp;&nbsp; 25363990 |
| &nbsp;&nbsp;&nbsp; New York Liberty Development Corp., Refunding RB, <br> 5.25%, 10/01/35<br>| 5385 | &nbsp;&nbsp; 6118633 |
| &nbsp;&nbsp;&nbsp; New York State Energy Research & Development <br> Authority, Refunding RB, Series C, 4.00%, 04/01/34<br>| 650 | &nbsp;&nbsp; 660454 |
|  |  | &nbsp;&nbsp; 32243212 |
| **County/City/Special District/School District — 14.0%** | **County/City/Special District/School District — 14.0%** |  |
| &nbsp;&nbsp;&nbsp; Battery Park City Authority, RB, Series A, Sustainability <br> Bonds, 5.00%, 11/01/53<br>| 4000 | &nbsp;&nbsp; 4103687 |
| &nbsp;&nbsp;&nbsp; Battery Park City Authority, Refunding RB, <br> Sustainability Bonds, 5.00%, 11/01/50<br>| 22765 | &nbsp;&nbsp; 23647342 |
| City of New York, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series B-1, 5.25%, 10/01/43 | 1500 | &nbsp;&nbsp; 1600859 |
| &nbsp;&nbsp;&nbsp; Series C-1, 5.25%, 09/01/45 | 5160 | &nbsp;&nbsp; 5492857 |
| &nbsp;&nbsp;&nbsp; Series D, 5.38%, 06/01/32 | 15 | &nbsp;&nbsp; 15030 |
| &nbsp;&nbsp;&nbsp; Series D, 5.50%, 04/01/46 | 8000 | &nbsp;&nbsp; 8606489 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **County/City/Special District/School District (continued)** | **County/City/Special District/School District (continued)** |  |
| City of New York, GO (continued) |  |  |
| &nbsp;&nbsp;&nbsp; Series D-1, 5.50%, 05/01/44 | 2500 | &nbsp;&nbsp; $2675479 |
| &nbsp;&nbsp;&nbsp; Series E, 5.00%, 08/01/47 | 5000 | &nbsp;&nbsp; 5151425 |
| &nbsp;&nbsp;&nbsp; Series G, 02/01/48<sup>(f)</sup> | 3820 | &nbsp;&nbsp; 4024676 |
| &nbsp;&nbsp;&nbsp; Series G, 02/01/49<sup>(f)</sup> | 4500 | &nbsp;&nbsp; 4728952 |
| County of Nassau New York, GOL |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 04/01/45 | 1805 | &nbsp;&nbsp; 1913697 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 04/01/46 | 5695 | &nbsp;&nbsp; 5994217 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 04/01/47 | 3925 | &nbsp;&nbsp; 4095653 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 04/01/49 | 4000 | &nbsp;&nbsp; 4160129 |
| &nbsp;&nbsp;&nbsp; Series B, (AGM), 5.00%, 07/01/42 | 4190 | &nbsp;&nbsp; 4306503 |
| New York City Industrial Development Agency, RB<sup>(c)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; (AGM), 0.00%, 03/01/41 | 4155 | &nbsp;&nbsp; 2086234 |
| &nbsp;&nbsp;&nbsp; (AGM), 0.00%, 03/01/42 | 5500 | &nbsp;&nbsp; 2602956 |
| &nbsp;&nbsp;&nbsp; (AGM), 0.00%, 03/01/43 | 2000 | &nbsp;&nbsp; 894786 |
| &nbsp;&nbsp;&nbsp; (AGM), 0.00%, 03/01/45 | 2450 | &nbsp;&nbsp; 966903 |
| &nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future <br> Tax Secured Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, 5.25%, 05/01/48 | 2500 | &nbsp;&nbsp; 2640571 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 05/01/51 | 4000 | &nbsp;&nbsp; 4110033 |
| &nbsp;&nbsp;&nbsp; Series F-1, 5.50%, 02/01/50 | 2000 | &nbsp;&nbsp; 2146330 |
| &nbsp;&nbsp;&nbsp; Series A-1, Subordinate, 5.00%, 05/01/44 | 2500 | &nbsp;&nbsp; 2664590 |
| &nbsp;&nbsp;&nbsp; Series A-1, Subordinate, 5.00%, 05/01/46 | 4000 | &nbsp;&nbsp; 4145541 |
| &nbsp;&nbsp;&nbsp; Series G-1, Subordinate, 5.00%, 05/01/46 | 8800 | &nbsp;&nbsp; 9158245 |
| New York Liberty Development Corp., Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series 1, 2.75%, 02/15/44 | 6125 | &nbsp;&nbsp; 4545320 |
| &nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, 2.75%, 11/15/41 | 17000 | &nbsp;&nbsp; 13002268 |
| &nbsp;&nbsp;&nbsp; New York State Dormitory Authority, RB, 5.00%, <br> 07/01/26<br>| 520 | &nbsp;&nbsp; 520959 |
| &nbsp;&nbsp;&nbsp; New York State Dormitory Authority, Refunding RB, <br> Series B, 5.00%, 08/15/27<sup>(g)</sup><br>| 5 | &nbsp;&nbsp; 5161 |
| &nbsp;&nbsp;&nbsp; Saratoga County Capital Resource Corp., RB, 5.00%, <br> 07/01/47<br>| 1300 | &nbsp;&nbsp; 1353902 |
| &nbsp;&nbsp;&nbsp; Schenectady County Capital Resource Corp., RB, <br> Series A, 5.25%, 01/01/50<br>| 1375 | &nbsp;&nbsp; 1424040 |
| &nbsp;&nbsp;&nbsp; Suffolk Regional Off-Track Betting Corp, RB, 5.00%, <br> 12/01/34<br>| 1245 | &nbsp;&nbsp; 1274167 |
| &nbsp;&nbsp;&nbsp; Triborough Bridge & Tunnel Authority Sales Tax <br> Revenue, RB, Series A, 5.25%, 05/15/52<br>| 15465 | &nbsp;&nbsp; 16030603 |
|  |  | &nbsp;&nbsp; 150089604 |
| **Education — 6.9%** | **Education — 6.9%** |  |
| Albany Capital Resource Corp., Refunding RB<sup>(d)(e)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 07/01/41 | 930 | &nbsp;&nbsp; 18608 |
| &nbsp;&nbsp;&nbsp; 4.00%, 07/01/51 | 962 | &nbsp;&nbsp; 19228 |
| Amherst Development Corp., Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/01/43 | 85 | &nbsp;&nbsp; 80431 |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/01/48 | 1040 | &nbsp;&nbsp; 936178 |
| &nbsp;&nbsp;&nbsp; Buffalo & Erie County Industrial Land Development <br> Corp., Refunding RB, Series A, 5.00%, 06/01/35<br>| 655 | &nbsp;&nbsp; 662130 |
| Build NYC Resource Corp., RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 09/01/39 | 900 | &nbsp;&nbsp; 907524 |
| &nbsp;&nbsp;&nbsp; 5.00%, 09/01/44 | 725 | &nbsp;&nbsp; 708860 |
| &nbsp;&nbsp;&nbsp; 5.00%, 09/01/49 | 1255 | &nbsp;&nbsp; 1158669 |
| &nbsp;&nbsp;&nbsp; Series A, 4.88%, 05/01/31 | 450 | &nbsp;&nbsp; 452514 |
| &nbsp;&nbsp;&nbsp; Series A, 5.13%, 05/01/38 | 140 | &nbsp;&nbsp; 140147 |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 05/01/48 | 2175 | &nbsp;&nbsp; 2098497 |
| &nbsp;&nbsp;&nbsp; Sustainability Bonds, 5.75%, 06/01/42 | 500 | &nbsp;&nbsp; 505259 |
| Build NYC Resource Corp., Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/01/35 | 250 | &nbsp;&nbsp; 250293 |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/01/40 | 310 | &nbsp;&nbsp; 310321 |
| &nbsp;&nbsp;&nbsp; 5.00%, 11/01/47 | 2900 | &nbsp;&nbsp; 3022123 |

---

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock New York Municipal Opportunities Fund** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Education (continued)** | **Education (continued)** |  |
| Build NYC Resource Corp., Refunding RB (continued) |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/43 | 325 | &nbsp;&nbsp; $325183 |
| County of Cattaraugus New York, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/34 | 130 | &nbsp;&nbsp; 130140 |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/39 | 225 | &nbsp;&nbsp; 225124 |
| &nbsp;&nbsp;&nbsp; Dobbs Ferry Local Development Corp., RB, 5.00%, <br> 07/01/39<br>| 1000 | &nbsp;&nbsp; 1000005 |
| &nbsp;&nbsp;&nbsp; Dutchess County Local Development Corp., RB, <br> 5.00%, 07/01/52<br>| 9145 | &nbsp;&nbsp; 9145300 |
| &nbsp;&nbsp;&nbsp; Dutchess County Local Development Corp., Refunding <br> RB, 5.00%, 07/01/45<br>| 8710 | &nbsp;&nbsp; 8940157 |
| &nbsp;&nbsp;&nbsp; Hempstead Town Local Development Corp., Refunding <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/01/34 | 570 | &nbsp;&nbsp; 570534 |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/01/35 | 265 | &nbsp;&nbsp; 265226 |
| Monroe County Industrial Development Corp., RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/53 | 3230 | &nbsp;&nbsp; 3305485 |
| &nbsp;&nbsp;&nbsp; Series B, 5.13%, 07/01/33 | 3145 | &nbsp;&nbsp; 3234150 |
| New York State Dormitory Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series 1, (BHAC-CR AMBAC), 5.50%, 07/01/31 | 245 | &nbsp;&nbsp; 264073 |
| &nbsp;&nbsp;&nbsp; Series 1, (AMBAC), 5.50%, 07/01/40 | 500 | &nbsp;&nbsp; 573167 |
| &nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, 5.00%, 07/01/48 | 735 | &nbsp;&nbsp; 758816 |
| &nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, 5.25%, 07/01/50 | 1635 | &nbsp;&nbsp; 1719600 |
| New York State Dormitory Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/44 | 5000 | &nbsp;&nbsp; 5250849 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/43 | 5000 | &nbsp;&nbsp; 5443003 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 07/01/46 | 2500 | &nbsp;&nbsp; 2319261 |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 07/01/54 | 15000 | &nbsp;&nbsp; 16034031 |
| &nbsp;&nbsp;&nbsp; Onondaga Civic Development Corp., RB, 5.50%, <br> 12/01/56<br>| 2570 | &nbsp;&nbsp; 2750917 |
| &nbsp;&nbsp;&nbsp; Onondaga County Trust for Cultural Resources, <br> Refunding RB, 5.00%, 05/01/40<br>| 135 | &nbsp;&nbsp; 135678 |
| &nbsp;&nbsp;&nbsp; Schenectady County Capital Resource Corp., <br> Refunding RB, 5.25%, 07/01/52<br>| 285 | &nbsp;&nbsp; 291254 |
|  |  | &nbsp;&nbsp; 73952735 |
| **Health — 3.0%** | **Health — 3.0%** |  |
| &nbsp;&nbsp;&nbsp; Albany Capital Resource Corp., Refunding RB, 5.25%, <br> 05/01/50<br>| 3750 | &nbsp;&nbsp; 3923185 |
| &nbsp;&nbsp;&nbsp; Genesee County Funding Corp., Refunding RB, <br> Series A, 5.25%, 12/01/52<br>| 4345 | &nbsp;&nbsp; 4277785 |
| Monroe County Industrial Development Corp., RB |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 12/01/41 | 100 | &nbsp;&nbsp; 91230 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 12/01/37 | 370 | &nbsp;&nbsp; 370116 |
| New York State Dormitory Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series 1, 5.25%, 07/01/54 | 1300 | &nbsp;&nbsp; 1362073 |
| &nbsp;&nbsp;&nbsp; Series 1-B, 4.00%, 07/01/51 | 5000 | &nbsp;&nbsp; 4439191 |
| New York State Dormitory Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/38 | 1705 | &nbsp;&nbsp; 1816180 |
| &nbsp;&nbsp;&nbsp; 4.00%, 07/01/45 | 460 | &nbsp;&nbsp; 373171 |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/52 | 4000 | &nbsp;&nbsp; 4011805 |
| &nbsp;&nbsp;&nbsp; Series A, (AGM-CR), 4.00%, 05/01/54 | 3500 | &nbsp;&nbsp; 3081607 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 05/01/54 | 3000 | &nbsp;&nbsp; 2587347 |
| &nbsp;&nbsp;&nbsp; Southold Local Development Corp., RB, 4.00%, <br> 12/01/45<br>| 1900 | &nbsp;&nbsp; 1665309 |
| &nbsp;&nbsp;&nbsp; Suffolk County Economic Development Corp., RB, <br> Series C, 5.00%, 07/01/32<br>| 285 | &nbsp;&nbsp; 285327 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Health (continued)** | **Health (continued)** |  |
| &nbsp;&nbsp;&nbsp; Tompkins County Development Corp., Refunding RB, <br> 5.00%, 07/01/44<br>| 1145 | &nbsp;&nbsp; $1145310 |
| &nbsp;&nbsp;&nbsp; Westchester County Local Development Corp., <br> Refunding RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/41 | 1150 | &nbsp;&nbsp; 1153146 |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/56 | 1270 | &nbsp;&nbsp; 1119033 |
|  |  | &nbsp;&nbsp; 31701815 |
| **Housing — 6.0%** | **Housing — 6.0%** |  |
| &nbsp;&nbsp;&nbsp; New York City Housing Development Corp., RB, M/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series D, (HUD SECT 8), 4.75%, 11/01/46 | 10405 | &nbsp;&nbsp; 10380715 |
| &nbsp;&nbsp;&nbsp; Series D, (HUD SECT 8), 4.95%, 11/01/51 | 2500 | &nbsp;&nbsp; 2507831 |
| &nbsp;&nbsp;&nbsp; Sustainability Bonds, 3.15%, 11/01/36 | 400 | &nbsp;&nbsp; 373718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sustainability Bonds, (HUD SECT 8), 4.80%, <br> 02/01/53<br>| 2000 | &nbsp;&nbsp; 1958955 |
| &nbsp;&nbsp;&nbsp; Series A-1, Sustainability Bonds, 4.55%, 11/01/44 | 1650 | &nbsp;&nbsp; 1652349 |
| &nbsp;&nbsp;&nbsp; Series A-1, Sustainability Bonds, 4.65%, 11/01/49 | 2000 | &nbsp;&nbsp; 1965406 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series C, Sustainability Bonds, (FHLMC), 4.95%, <br> 02/01/55<br>| 2500 | &nbsp;&nbsp; 2502754 |
| &nbsp;&nbsp;&nbsp; Series E-1, Sustainability Bonds, 4.55%, 11/01/43 | 5000 | &nbsp;&nbsp; 5016070 |
| &nbsp;&nbsp;&nbsp; Series G, Sustainability Bonds, 4.60%, 11/01/43 | 3000 | &nbsp;&nbsp; 3017155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series S, Class F-1, Sustainability Bonds, 4.60%, <br> 11/01/42<br>| 2000 | &nbsp;&nbsp; 2017971 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series S, Class F-1, Sustainability Bonds, 4.75%, <br> 11/01/47<br>| 1500 | &nbsp;&nbsp; 1481990 |
| &nbsp;&nbsp;&nbsp; New York City Housing Development Corp., Refunding <br> RB, Series A, Sustainability Bonds, 4.25%, 11/01/43<br>| 520 | &nbsp;&nbsp; 510538 |
| &nbsp;&nbsp;&nbsp; New York City Housing Development Corp., Refunding <br> RB, M/F Housing, Series D, Sustainability Bonds, <br> 4.10%, 11/01/38<br>| 2500 | &nbsp;&nbsp; 2272410 |
| &nbsp;&nbsp;&nbsp; New York State Housing Finance Agency, RB, M/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, (SONYMA), 4.90%, 02/15/38 | 645 | &nbsp;&nbsp; 645155 |
| &nbsp;&nbsp;&nbsp; Series A, (SONYMA), 5.10%, 02/15/38 | 875 | &nbsp;&nbsp; 875894 |
| &nbsp;&nbsp;&nbsp; Series E, (SONYMA), 4.15%, 11/01/47 | 165 | &nbsp;&nbsp; 152097 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series J-1, Sustainability Bonds, (SONYMA), 2.80%, <br> 11/01/51<br>| 4500 | &nbsp;&nbsp; 3029247 |
| &nbsp;&nbsp;&nbsp; State of New York Mortgage Agency Homeowner <br> Mortgage Revenue, RB, S/F Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 250, Sustainability Bonds, (SONYMA), <br> 4.80%, 10/01/48<br>| 5000 | &nbsp;&nbsp; 5004847 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 261, Sustainability Bonds, (SONYMA), <br> 4.40%, 10/01/44<br>| 5000 | &nbsp;&nbsp; 4925603 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 273, Sustainability Bonds, (SONYMA), <br> 4.70%, 10/01/48<br>| 2500 | &nbsp;&nbsp; 2468803 |
| &nbsp;&nbsp;&nbsp; State of New York Mortgage Agency Homeowner <br> Mortgage Revenue, Refunding RB, S/F Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 1.40%, 10/01/27 | 5260 | &nbsp;&nbsp; 5051389 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 1.50%, 04/01/28 | 5475 | &nbsp;&nbsp; 5187211 |
| Yonkers Industrial Development Agency, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, (SONYMA), 4.80%, 10/01/26 | 95 | &nbsp;&nbsp; 95156 |
| &nbsp;&nbsp;&nbsp; Series A, (SONYMA), 5.00%, 10/01/37 | 1640 | &nbsp;&nbsp; 1641079 |
|  |  | &nbsp;&nbsp; 64734343 |
| **State — 7.7%** | **State — 7.7%** |  |
| &nbsp;&nbsp;&nbsp; Empire State Development Corp., RB, Series A, <br> 5.00%, 03/15/45<br>| 10500 | &nbsp;&nbsp; 11084778 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock New York Municipal Opportunities Fund** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **State (continued)** | **State (continued)** |  |
| &nbsp;&nbsp;&nbsp; Empire State Development Corp., Refunding RB, <br> Series A, Sustainability Bonds, 5.00%, 03/15/45<br>| 5805 | &nbsp;&nbsp; $6110636 |
| &nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Building <br> Aid Revenue, RB, Series S-1, (SAW), 5.00%, <br> 07/15/43<br>| 1500 | &nbsp;&nbsp; 1638269 |
| New York State Dormitory Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.80%, 12/01/34 | 15220 | &nbsp;&nbsp; 15477044 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 03/15/42 | 3945 | &nbsp;&nbsp; 4051703 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 03/15/48 | 15000 | &nbsp;&nbsp; 15578930 |
| New York State Dormitory Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 03/15/41 | 5000 | &nbsp;&nbsp; 5209909 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 03/15/43 | 2500 | &nbsp;&nbsp; 2407836 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 03/15/48 | 7500 | &nbsp;&nbsp; 7762554 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 03/15/50 | 3000 | &nbsp;&nbsp; 3169958 |
| &nbsp;&nbsp;&nbsp; Series A-1, 5.00%, 03/15/42 | 3105 | &nbsp;&nbsp; 3326338 |
| &nbsp;&nbsp;&nbsp; Series C, 5.25%, 03/15/47 | 3000 | &nbsp;&nbsp; 3196064 |
| &nbsp;&nbsp;&nbsp; Series E, 5.00%, 03/15/42 | 3535 | &nbsp;&nbsp; 3658441 |
|  |  | &nbsp;&nbsp; 82672460 |
| **Tobacco — 2.6%** | **Tobacco — 2.6%** |  |
| &nbsp;&nbsp;&nbsp; Chautauqua Tobacco Asset Securitization Corp., <br> Refunding RB, 4.75%, 06/01/39<br>| 825 | &nbsp;&nbsp; 686214 |
| &nbsp;&nbsp;&nbsp; Erie Tobacco Asset Securitization Corp., Refunding <br> RB, Series A, 5.00%, 06/01/45<br>| 4595 | &nbsp;&nbsp; 3722129 |
| &nbsp;&nbsp;&nbsp; New York Counties Tobacco Trust IV, Refunding RB, <br> Series A, 5.00%, 06/01/42<br>| 3775 | &nbsp;&nbsp; 3209542 |
| New York Counties Tobacco Trust VI, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A-2B, 5.00%, 06/01/51 | 10305 | &nbsp;&nbsp; 8477275 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 06/01/28 | 90 | &nbsp;&nbsp; 90276 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 06/01/29 | 105 | &nbsp;&nbsp; 105316 |
| &nbsp;&nbsp;&nbsp; Series C, 4.00%, 06/01/51 | 4055 | &nbsp;&nbsp; 2829643 |
| &nbsp;&nbsp;&nbsp; Niagara Tobacco Asset Securitization Corp., Refunding <br> RB, 5.25%, 05/15/40<br>| 1250 | &nbsp;&nbsp; 1202768 |
| TSASC, Inc., Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/30 | 775 | &nbsp;&nbsp; 789599 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 06/01/48 | 2000 | &nbsp;&nbsp; 1832112 |
| &nbsp;&nbsp;&nbsp; Westchester Tobacco Asset Securitization Corp., <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Sub-Series C, 4.00%, 06/01/42 | 4275 | &nbsp;&nbsp; 3446940 |
| &nbsp;&nbsp;&nbsp; Sub-Series C, 5.13%, 06/01/51 | 2375 | &nbsp;&nbsp; 1988704 |
|  |  | &nbsp;&nbsp; 28380518 |
| **Transportation — 24.1%** | **Transportation — 24.1%** |  |
| &nbsp;&nbsp;&nbsp; Metropolitan Transportation Authority Dedicated Tax <br> Fund, Refunding RB, Series B-1, Sustainability <br> Bonds, 5.00%, 11/15/42<br>| 1530 | &nbsp;&nbsp; 1557160 |
| Metropolitan Transportation Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A-2, 4.00%, 11/15/43 | 5000 | &nbsp;&nbsp; 4680233 |
| &nbsp;&nbsp;&nbsp; Series A-1, Sustainability Bonds, 4.00%, 11/15/44 | 2500 | &nbsp;&nbsp; 2308297 |
| &nbsp;&nbsp;&nbsp; Series D-2, Sustainability Bonds, 4.00%, 11/15/47 | 8800 | &nbsp;&nbsp; 7881345 |
| Metropolitan Transportation Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 11/15/43 | 2250 | &nbsp;&nbsp; 2383207 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 11/15/37 | 1500 | &nbsp;&nbsp; 1510185 |
| &nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, 5.50%, 11/15/47 | 5000 | &nbsp;&nbsp; 5298562 |
| &nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, 5.25%, 11/15/49 | 2000 | &nbsp;&nbsp; 2066055 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series C, Sustainability Bonds, (BAM-TCRS), <br> 5.00%, 11/15/42<br>| 3000 | &nbsp;&nbsp; 3105442 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series C, Sustainability Bonds, (BAM), 5.00%, <br> 11/15/44<br>| 5000 | &nbsp;&nbsp; 5142772 |
| &nbsp;&nbsp;&nbsp; New York City Industrial Development Agency, <br> Refunding RB, Series A, 5.00%, 07/01/28<br>| 1225 | &nbsp;&nbsp; 1225795 |
| New York State Thruway Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 03/15/46 | 2200 | &nbsp;&nbsp; 2317521 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Transportation (continued)** | **Transportation (continued)** |  |
| New York State Thruway Authority, RB (continued) |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 03/15/47 | $3000 | &nbsp;&nbsp; $3131473 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 03/15/49 | 2500 | &nbsp;&nbsp; 2587130 |
| New York State Thruway Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 03/15/42 | 4000 | &nbsp;&nbsp; 4255280 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/48 | 1000 | &nbsp;&nbsp; 1035602 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/51 | 3405 | &nbsp;&nbsp; 3485694 |
| &nbsp;&nbsp;&nbsp; Series O, 4.00%, 01/01/47 | 2345 | &nbsp;&nbsp; 2149860 |
| &nbsp;&nbsp;&nbsp; Series P, 5.00%, 01/01/49 | 14250 | &nbsp;&nbsp; 14869321 |
| New York Transportation Development Corp., ARB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 12/01/33 | 4645 | &nbsp;&nbsp; 4988782 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 12/01/35 | 1510 | &nbsp;&nbsp; 1603201 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 12/01/39 | 3000 | &nbsp;&nbsp; 3118002 |
| &nbsp;&nbsp;&nbsp; AMT, 5.63%, 04/01/40 | 5755 | &nbsp;&nbsp; 6047218 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 12/01/41 | 7565 | &nbsp;&nbsp; 7813571 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 12/01/42 | 1755 | &nbsp;&nbsp; 1804221 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 07/01/34 | 250 | &nbsp;&nbsp; 250192 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 07/01/41 | 750 | &nbsp;&nbsp; 750262 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.25%, 01/01/50 | 10190 | &nbsp;&nbsp; 10190240 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 6.00%, 06/30/44 | 500 | &nbsp;&nbsp; 545011 |
| New York Transportation Development Corp., RB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 10/01/35 | 3245 | &nbsp;&nbsp; 3381283 |
| &nbsp;&nbsp;&nbsp; AMT, 4.00%, 10/31/46 | 4355 | &nbsp;&nbsp; 3893334 |
| &nbsp;&nbsp;&nbsp; AMT, 4.00%, 04/30/53 | 2500 | &nbsp;&nbsp; 2123426 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, (AGM), 5.00%, 06/30/49 | 5960 | &nbsp;&nbsp; 5924194 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 6.00%, 06/30/54 | 16965 | &nbsp;&nbsp; 17573255 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 5.50%, 06/30/60 | 15000 | &nbsp;&nbsp; 15022891 |
| &nbsp;&nbsp;&nbsp; New York Transportation Development Corp., <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 12/01/38 | 4250 | &nbsp;&nbsp; 4447213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series A, AMT, Sustainability Bonds, (AGM), 5.25%, <br> 12/31/54<br>| 10000 | &nbsp;&nbsp; 10056164 |
| &nbsp;&nbsp;&nbsp; Niagara Falls Bridge Commission, RB, (AGM), 4.16%, <br> 10/01/33<br>| 1650 | &nbsp;&nbsp; 1612749 |
| &nbsp;&nbsp;&nbsp; Niagara Frontier Transportation Authority Airport <br> System Revenues, Refunding ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 04/01/32 | 300 | &nbsp;&nbsp; 311415 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 04/01/33 | 375 | &nbsp;&nbsp; 388233 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 04/01/34 | 225 | &nbsp;&nbsp; 232356 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 04/01/35 | 200 | &nbsp;&nbsp; 206027 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 04/01/36 | 210 | &nbsp;&nbsp; 215673 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 04/01/37 | 250 | &nbsp;&nbsp; 256006 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 04/01/38 | 250 | &nbsp;&nbsp; 255344 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 04/01/39 | 175 | &nbsp;&nbsp; 178306 |
| &nbsp;&nbsp;&nbsp; Port Authority of New York & New Jersey, ARB, <br> Series 218, AMT, 5.00%, 11/01/44<br>| 1960 | &nbsp;&nbsp; 2003308 |
| &nbsp;&nbsp;&nbsp; Port Authority of New York & New Jersey, Refunding <br> ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series 23, 5.25%, 08/01/52 | 2500 | &nbsp;&nbsp; 2613822 |
| &nbsp;&nbsp;&nbsp; Series 244, 5.00%, 07/15/49 | 1665 | &nbsp;&nbsp; 1735367 |
| &nbsp;&nbsp;&nbsp; Series 231, AMT, 5.00%, 08/01/38 | 2500 | &nbsp;&nbsp; 2649026 |
| &nbsp;&nbsp;&nbsp; Series 231, AMT, 5.50%, 08/01/39 | 5900 | &nbsp;&nbsp; 6413894 |
| &nbsp;&nbsp;&nbsp; Series 234, AMT, 5.25%, 08/01/47 | 4000 | &nbsp;&nbsp; 4169784 |
| &nbsp;&nbsp;&nbsp; Series 238, AMT, 5.00%, 07/15/39 | 4000 | &nbsp;&nbsp; 4263041 |
| &nbsp;&nbsp;&nbsp; Series 238, AMT, 5.00%, 07/15/40 | 1375 | &nbsp;&nbsp; 1454627 |
| &nbsp;&nbsp;&nbsp; Port Authority of New York & New Jersey, Refunding <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series 248, 5.00%, 01/15/50 | 3000 | &nbsp;&nbsp; 3126012 |
| &nbsp;&nbsp;&nbsp; Series 250, 5.00%, 10/15/43 | 2000 | &nbsp;&nbsp; 2188565 |
| &nbsp;&nbsp;&nbsp; Series 250, 5.00%, 10/15/47 | 4335 | &nbsp;&nbsp; 4578161 |
| Triborough Bridge & Tunnel Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 11/15/47 | 10000 | &nbsp;&nbsp; 10428242 |

---

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock New York Municipal Opportunities Fund** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Transportation (continued)** | **Transportation (continued)** |  |
| Triborough Bridge & Tunnel Authority, RB (continued) |  |  |
| &nbsp;&nbsp;&nbsp; Sub-Series B-1, 5.00%, 11/15/48 | 7760 | &nbsp;&nbsp; $8009396 |
| Triborough Bridge & Tunnel Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 11/15/48 | 6000 | &nbsp;&nbsp; 6246413 |
| &nbsp;&nbsp;&nbsp; Series A-2, 5.00%, 11/15/44 | 3610 | &nbsp;&nbsp; 3854943 |
| &nbsp;&nbsp;&nbsp; Series C-2, 5.00%, 11/15/42 | 7000 | &nbsp;&nbsp; 7153751 |
| &nbsp;&nbsp;&nbsp; Series B-1, Sustainability Bonds, 5.25%, 05/15/54 | 9025 | &nbsp;&nbsp; 9407007 |
| &nbsp;&nbsp;&nbsp; Series C, Sustainability Bonds, 5.25%, 11/15/42 | 4200 | &nbsp;&nbsp; 4620090 |
|  |  | &nbsp;&nbsp; 259094952 |
| **Utilities — 14.5%** | **Utilities — 14.5%** |  |
| Long Island Power Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series C, (AGM), 5.25%, 09/01/29 | 3500 | &nbsp;&nbsp; 3740167 |
| &nbsp;&nbsp;&nbsp; Series E, Sustainability Bonds, 5.00%, 09/01/48 | 6335 | &nbsp;&nbsp; 6557387 |
| Long Island Power Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 09/01/42 | 3000 | &nbsp;&nbsp; 3281407 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 09/01/43 | 10100 | &nbsp;&nbsp; 11019974 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 09/01/44 | 8000 | &nbsp;&nbsp; 8524670 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 09/01/49 | 4325 | &nbsp;&nbsp; 4480456 |
| New York City Municipal Water Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series AA-1, 5.25%, 06/15/55 | 2560 | &nbsp;&nbsp; 2681009 |
| &nbsp;&nbsp;&nbsp; Series BB, 5.00%, 06/15/43 | 7500 | &nbsp;&nbsp; 8107477 |
| &nbsp;&nbsp;&nbsp; Series BB, 5.00%, 06/15/48 | 4000 | &nbsp;&nbsp; 4165117 |
| &nbsp;&nbsp;&nbsp; Series BB, 5.25%, 06/15/50 | 2500 | &nbsp;&nbsp; 2640414 |
| &nbsp;&nbsp;&nbsp; Series AA-1, Subordinate, 5.25%, 06/15/53 | 15105 | &nbsp;&nbsp; 15773880 |
| &nbsp;&nbsp;&nbsp; Series BB, Subordinate, 5.25%, 06/15/56 | 1000 | &nbsp;&nbsp; 1048140 |
| &nbsp;&nbsp;&nbsp; New York City Municipal Water Finance Authority, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series DD, 4.13%, 06/15/46 | 5000 | &nbsp;&nbsp; 4784926 |
| &nbsp;&nbsp;&nbsp; Series EE, 5.00%, 06/15/45 | 5000 | &nbsp;&nbsp; 5250489 |
| &nbsp;&nbsp;&nbsp; Sub-Series AA-2, 5.00%, 06/15/50 | 5000 | &nbsp;&nbsp; 5179700 |
| &nbsp;&nbsp;&nbsp; Series BB-2, VRDN, 2.75%, 04/01/26<sup>(a)(h)</sup> | 15000 | &nbsp;&nbsp; 15000000 |
| New York Power Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, (AGM), 5.75%, 11/15/33<sup>(i)</sup> | 5000 | &nbsp;&nbsp; 5339400 |
| &nbsp;&nbsp;&nbsp; Sustainability Bonds, (AGM), 4.00%, 11/15/47 | 10000 | &nbsp;&nbsp; 9236767 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, (AGM), 5.00%, <br> 11/15/48<br>| 5025 | &nbsp;&nbsp; 5252138 |
| &nbsp;&nbsp;&nbsp; New York State Environmental Facilities Corp., <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 06/15/45 | 1750 | &nbsp;&nbsp; 1910967 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 06/15/53 | 5000 | &nbsp;&nbsp; 5280823 |
| &nbsp;&nbsp;&nbsp; Utility Debt Securitization Authority, RB, Restructured, <br> 5.00%, 12/15/40<br>| 10000 | &nbsp;&nbsp; 10230570 |
| Utility Debt Securitization Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series 1, 5.00%, 12/15/40 | 3000 | &nbsp;&nbsp; 3327903 |
| &nbsp;&nbsp;&nbsp; Series TE1, Restructured, 5.00%, 12/15/38 | 9000 | &nbsp;&nbsp; 9928565 |
| &nbsp;&nbsp;&nbsp; Series 2, Sustainability Bonds, 5.00%, 12/15/50 | 2500 | &nbsp;&nbsp; 2602054 |
|  |  | &nbsp;&nbsp; 155344400 |
| **Total Municipal Bonds in New York** | **Total Municipal Bonds in New York** | &nbsp;&nbsp; 878214039 |
| **Ohio — 0.3%** | **Ohio — 0.3%** |  |
| **Tobacco — 0.3%** | **Tobacco — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; Buckeye Tobacco Settlement Financing Authority, <br> Refunding RB, Series B-2, Class 2, 5.00%, <br> 06/01/55<br>| 4440 | &nbsp;&nbsp; 3580170 |
| **Puerto Rico — 5.4%** | **Puerto Rico — 5.4%** |  |
| **State — 3.9%** | **State — 3.9%** |  |
| Commonwealth of Puerto Rico, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 5.63%, 07/01/29 | 400 | &nbsp;&nbsp; 421984 |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 5.75%, 07/01/31 | 388 | &nbsp;&nbsp; 423806 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **State (continued)** | **State (continued)** |  |
| Commonwealth of Puerto Rico, GO (continued) |  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 4.00%, 07/01/35 | 931 | &nbsp;&nbsp; $917427 |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 4.00%, 07/01/37 | 799 | &nbsp;&nbsp; 771627 |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 4.00%, 07/01/41 | 233 | &nbsp;&nbsp; 215657 |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 4.00%, 07/01/46 | 1130 | &nbsp;&nbsp; 969751 |
| &nbsp;&nbsp;&nbsp; Commonwealth of Puerto Rico, GO, CAB, Series A, <br> Restructured, 0.00%, 07/01/33<sup>(c)</sup><br>| 1333 | &nbsp;&nbsp; 967498 |
| Commonwealth of Puerto Rico, Notes<sup>(a)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 0.00%, 11/01/51<sup>(d)(e)</sup> | 15951 | &nbsp;&nbsp; 9730042 |
| &nbsp;&nbsp;&nbsp; 0.00%, 11/01/51 | 9700 | &nbsp;&nbsp; 3079750 |
| &nbsp;&nbsp;&nbsp; Puerto Rico Sales Tax Financing Corp. Sales Tax <br> Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-2, Restructured, 4.54%, 07/01/53 | 49 | &nbsp;&nbsp; 43787 |
| &nbsp;&nbsp;&nbsp; Series A-2, Restructured, 4.78%, 07/01/58 | 5323 | &nbsp;&nbsp; 4914716 |
| &nbsp;&nbsp;&nbsp; Series A-2, Restructured, 4.33%, 07/01/40 | 1627 | &nbsp;&nbsp; 1603422 |
| &nbsp;&nbsp;&nbsp; Puerto Rico Sales Tax Financing Corp., Sales Tax <br> Revenue, RB, Series A-1, Restructured, 4.75%, <br> 07/01/53<br>| 7005 | &nbsp;&nbsp; 6522975 |
| &nbsp;&nbsp;&nbsp; Puerto Rico Sales Tax Financing Corp., Sales Tax <br> Revenue, RB, CAB<sup>(c)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 0.00%, 07/01/29 | 490 | &nbsp;&nbsp; 440283 |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 0.00%, 07/01/33 | 1423 | &nbsp;&nbsp; 1093382 |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 0.00%, 07/01/46 | 25445 | &nbsp;&nbsp; 8915554 |
| &nbsp;&nbsp;&nbsp; Series B-1, Restructured, 0.00%, 07/01/46 | 2677 | &nbsp;&nbsp; 937981 |
|  |  | &nbsp;&nbsp; 41969642 |
| **Utilities — 1.5%** | **Utilities — 1.5%** |  |
| Puerto Rico Electric Power Authority, RB<sup>(d)(e)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 6.75%, 07/01/36 | 3560 | &nbsp;&nbsp; 2362950 |
| &nbsp;&nbsp;&nbsp; Series A-3, 10.00%, 07/01/19 | 999 | &nbsp;&nbsp; 664370 |
| &nbsp;&nbsp;&nbsp; Series B-3, 10.00%, 07/01/19 | 999 | &nbsp;&nbsp; 664370 |
| &nbsp;&nbsp;&nbsp; Series C-1, 5.40%, 01/01/18 | 2745 | &nbsp;&nbsp; 1825319 |
| &nbsp;&nbsp;&nbsp; Series C-2, 5.40%, 07/01/18 | 2745 | &nbsp;&nbsp; 1825614 |
| &nbsp;&nbsp;&nbsp; Series C-3, 5.40%, 01/01/20 | 277 | &nbsp;&nbsp; 184539 |
| &nbsp;&nbsp;&nbsp; Series C-4, 5.40%, 07/01/20 | 278 | &nbsp;&nbsp; 184539 |
| &nbsp;&nbsp;&nbsp; Series CCC, 5.25%, 07/01/28 | 440 | &nbsp;&nbsp; 292050 |
| &nbsp;&nbsp;&nbsp; Series D-4, 7.50%, 07/01/20 | 1726 | &nbsp;&nbsp; 1147841 |
| &nbsp;&nbsp;&nbsp; Series TT, 5.00%, 07/01/26 | 565 | &nbsp;&nbsp; 375019 |
| &nbsp;&nbsp;&nbsp; Series WW, 5.50%, 07/01/17 | 610 | &nbsp;&nbsp; 405650 |
| &nbsp;&nbsp;&nbsp; Series WW, 5.50%, 07/01/18 | 535 | &nbsp;&nbsp; 355775 |
| &nbsp;&nbsp;&nbsp; Series WW, 5.50%, 07/01/19 | 435 | &nbsp;&nbsp; 289275 |
| &nbsp;&nbsp;&nbsp; Series WW, 5.38%, 07/01/24 | 385 | &nbsp;&nbsp; 256025 |
| &nbsp;&nbsp;&nbsp; Series WW, 5.25%, 07/01/33 | 420 | &nbsp;&nbsp; 278775 |
| &nbsp;&nbsp;&nbsp; Series WW, 5.50%, 07/01/38 | 520 | &nbsp;&nbsp; 345150 |
| &nbsp;&nbsp;&nbsp; Series XX, 5.25%, 07/01/17 | 285 | &nbsp;&nbsp; 189169 |
| &nbsp;&nbsp;&nbsp; Series XX, 5.25%, 07/01/35 | 185 | &nbsp;&nbsp; 122794 |
| &nbsp;&nbsp;&nbsp; Series XX, 5.75%, 07/01/36 | 260 | &nbsp;&nbsp; 172575 |
| Puerto Rico Electric Power Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series AAA, 5.25%, 07/01/23 | 1060 | &nbsp;&nbsp; 704900 |
| &nbsp;&nbsp;&nbsp; Series AAA, 5.25%, 07/01/29<sup>(d)(e)</sup> | 235 | &nbsp;&nbsp; 155981 |
| &nbsp;&nbsp;&nbsp; Series UU, 0.00%, 07/01/17<sup>(a)(d)(e)</sup> | 185 | &nbsp;&nbsp; 123025 |
| &nbsp;&nbsp;&nbsp; Series UU, 0.00%, 07/01/18<sup>(a)(d)(e)</sup> | 165 | &nbsp;&nbsp; 109725 |
| &nbsp;&nbsp;&nbsp; Series UU, 1.00%, 07/01/31<sup>(a)(d)(e)</sup> | 1055 | &nbsp;&nbsp; 700256 |
| &nbsp;&nbsp;&nbsp; Series ZZ, 5.00%, 07/01/28<sup>(d)(e)</sup> | 435 | &nbsp;&nbsp; 288731 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock New York Municipal Opportunities Fund** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Utilities (continued)** | **Utilities (continued)** |  |
| &nbsp;&nbsp;&nbsp; Puerto Rico Electric Power Authority, Refunding <br> RB (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series ZZ, 5.00%, 12/29/49<sup>(d)(e)</sup> | 430 | &nbsp;&nbsp; $285950 |
| &nbsp;&nbsp;&nbsp; Puerto Rico Electric Power Authority, Refunding RB, <br> BAB, Series YY, 6.13%, 07/01/40<sup>(d)(e)</sup><br>| 1860 | &nbsp;&nbsp; 1234575 |
|  |  | &nbsp;&nbsp; 15544942 |
| **Total Municipal Bonds in Puerto Rico** | **Total Municipal Bonds in Puerto Rico** | &nbsp;&nbsp; 57514584 |
| **Total Municipal Bonds — 88.6%** <br>**(Cost: $970,077,939)** | **Total Municipal Bonds — 88.6%** <br>**(Cost: $970,077,939)** | &nbsp;&nbsp; 951662915 |
| **Municipal Bonds Transferred to Tender Option Bond Trusts**<sup>(j)</sup> | **Municipal Bonds Transferred to Tender Option Bond Trusts**<sup>(j)</sup> | **Municipal Bonds Transferred to Tender Option Bond Trusts**<sup>(j)</sup> |
| **New York — 12.8%** | **New York — 12.8%** | **New York — 12.8%** |
| **County/City/Special District/School District — 3.9%** | **County/City/Special District/School District — 3.9%** |  |
| City of New York, GO, Series A-1, 5.25%, 09/01/43 | 10000 | &nbsp;&nbsp; 10664473 |
| &nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future <br> Tax Secured Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series D-1, 5.25%, 11/01/43 | 2960 | &nbsp;&nbsp; 3162507 |
| &nbsp;&nbsp;&nbsp; Series D-1, 5.50%, 11/01/45 | 5910 | &nbsp;&nbsp; 6332047 |
| &nbsp;&nbsp;&nbsp; Series D-1, 5.25%, 11/01/48 | 10000 | &nbsp;&nbsp; 10391240 |
| &nbsp;&nbsp;&nbsp; Series H-1, Subordinate, 5.00%, 11/01/46 | 11000 | &nbsp;&nbsp; 11492750 |
|  |  | &nbsp;&nbsp; 42043017 |
| **State — 2.3%** | **State — 2.3%** |  |
| Empire State Development Corp., Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 03/15/41 | 10000 | &nbsp;&nbsp; 10663980 |
| &nbsp;&nbsp;&nbsp; 5.00%, 03/15/44 | 4220 | &nbsp;&nbsp; 4429610 |
| &nbsp;&nbsp;&nbsp; New York State Dormitory Authority, Refunding RB, <br> Series E, 5.00%, 03/15/42<br>| 9410 | &nbsp;&nbsp; 9738593 |
|  |  | &nbsp;&nbsp; 24832183 |
| **Transportation — 5.4%** | **Transportation — 5.4%** |  |
| Hudson Yards Infrastructure Corp., Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 02/15/38 | 17485 | &nbsp;&nbsp; 17737653 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 02/15/39 | 9005 | &nbsp;&nbsp; 9128908 |
| &nbsp;&nbsp;&nbsp; Metropolitan Transportation Authority, Refunding RB, <br> Sustainability Bonds, Series C, 5.00%, 11/15/41<br>| 11365 | &nbsp;&nbsp; 11796854 |
| &nbsp;&nbsp;&nbsp; Triborough Bridge & Tunnel Authority, RB, Senior Lien, <br> Sustainability Bonds, Series D-2, 5.25%, 05/15/47<br>| 8410 | &nbsp;&nbsp; 8818043 |
| &nbsp;&nbsp;&nbsp; Triborough Bridge & Tunnel Authority, Refunding RB, <br> Series A, 5.00%, 11/15/45<br>| 10000 | &nbsp;&nbsp; 10221177 |
|  |  | &nbsp;&nbsp; 57702635 |
| **Utilities — 1.2%** | **Utilities — 1.2%** |  |
| &nbsp;&nbsp;&nbsp; New York City Municipal Water Finance Authority, <br> Refunding RB, Series AA-3, 5.00%, 06/15/47<br>| 12500 | &nbsp;&nbsp; 13016996 |
| **Total Municipal Bonds in New York** | **Total Municipal Bonds in New York** | &nbsp;&nbsp; 137594831 |
| **Total Municipal Bonds Transferred to Tender Option Bond** <br>**Trusts — 12.8%** <br>**(Cost: $136,126,015)** | **Total Municipal Bonds Transferred to Tender Option Bond** <br>**Trusts — 12.8%** <br>**(Cost: $136,126,015)** | &nbsp;&nbsp; 137594831 |

---

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

---

| | | |
|:---|:---|:---|
| *Security* | <br>*Shares*<br>| *Value* |
| **Warrants** | **Warrants** | **Warrants** |
| **Construction & Engineering — 0.0%** | **Construction & Engineering — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Brightline West, (Expires 11/26/35, Strike Price USD <br> 5.00)<sup>(e)(k)</sup><br>| 109364 | &nbsp;&nbsp; $180451 |
| **Total Warrants — 0.0%** <br>**(Cost: $—)** | **Total Warrants — 0.0%** <br>**(Cost: $—)** | &nbsp;&nbsp; 180451 |
| **Total Long-Term Investments — 103.0%** <br>**(Cost: $1,123,181,616)** | **Total Long-Term Investments — 103.0%** <br>**(Cost: $1,123,181,616)** | &nbsp;&nbsp; 1106199683 |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 3.0%** | **Money Market Funds — 3.0%** |  |
| &nbsp;&nbsp;&nbsp; BlackRock Liquidity Funds, MuniCash, Institutional <br> Shares, 2.23%<sup>(l)(m)</sup><br>| 31975378 | &nbsp;&nbsp; 31978575 |
| **Total Short-Term Securities — 3.0%** <br>**(Cost: $31,978,575)** | **Total Short-Term Securities — 3.0%** <br>**(Cost: $31,978,575)** | &nbsp;&nbsp; 31978575 |
| **Total Investments — 106.0%** <br>**(Cost: $1,155,160,191)** | **Total Investments — 106.0%** <br>**(Cost: $1,155,160,191)** | &nbsp;&nbsp; 1138178258 |
| **Other Assets Less Liabilities — 0.4%** | **Other Assets Less Liabilities — 0.4%** | &nbsp;&nbsp; 4122608 |
| **Liability for TOB Trust Certificates, Including Interest Expense and** <br> **Fees Payable — (6.4)%** | **Liability for TOB Trust Certificates, Including Interest Expense and** <br> **Fees Payable — (6.4)%** | &nbsp;&nbsp; (68366422)<br>|
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | &nbsp;&nbsp; $1073934444 |

---

&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> Variable rate security. Rate as of period end and maturity is the date the principal owed can be recovered through demand. 

<sup>(i)</sup> Security is collateralized by municipal bonds or U.S. Treasury obligations.

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

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

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

For purposes of this report, industry and sector sub-classifications may differ from those utilized by the Fund for compliance purposes.

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock New York Municipal Opportunities Fund** 

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended March 31, 2026 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at* <br>*06/30/25*<br>| *Proceeds* <br>*from Sales*<br>| *Net* <br>*Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*03/31/26*<br>| *Shares* <br>*Held at* <br>*03/31/26*<br>| *Income* | *Capital Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| BlackRock Liquidity Funds, MuniCash, Institutional Shares | $31853314<br> $125261 <br><sup>(a)</sup><br>| &nbsp;&nbsp; $— | $— | $— | $31978575 | 31975378 | $490604 | $— |

---

&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; Corporate Bonds | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $16761486 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $16761486 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 951662915 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 951662915 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds Transferred to Tender Option Bond Trusts | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 137594831 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 137594831 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Warrants | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 180451 | &nbsp;&nbsp;&nbsp;&nbsp; 180451 |
| &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; 31978575 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 31978575 |
|  | &nbsp;&nbsp; $31978575 | &nbsp;&nbsp;&nbsp;&nbsp; $1106019232 | &nbsp;&nbsp;&nbsp;&nbsp; $180451 | &nbsp;&nbsp;&nbsp;&nbsp; $1138178258 |

---

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, TOB Trust Certificates of $67,969,996 are categorized as Level 2 within the fair value hierarchy.

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

---

| | |
|:---|:---|
| **Portfolio Abbreviation**  | **Portfolio Abbreviation**  |
| AGM | Assured Guaranty Municipal Corp. |
| AGM-CR | AGM Insured Custodial Receipt |
| AMBAC | AMBAC Assurance Corp. |
| AMT | Alternative Minimum Tax |
| ARB | Airport Revenue Bonds  |

---

---

| | |
|:---|:---|
| **Portfolio Abbreviation (continued)** | **Portfolio Abbreviation (continued)** |
| BAB | Build America Bond |
| BAM | Build America Mutual Assurance Co. |
| BAM-TCRS | &nbsp;&nbsp;&nbsp; Build America Mutual Assurance Co. - Transferable <br> Custodial Receipts<br>|
| BHAC-CR | Berkshire Hathaway Assurance Corp. - Custodian Receipt |
| CAB | Capital Appreciation Bonds |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock New York Municipal Opportunities Fund** 

---

| | |
|:---|:---|
| **Portfolio Abbreviation (continued)** | **Portfolio Abbreviation (continued)** |
| CR | Custodian Receipt |
| FHLMC | Federal Home Loan Mortgage Corp. |
| 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 |
| RB | Revenue Bonds |
| S/F | Single-Family |
| SAW | State Aid Withholding |
| SONYMA | State of New York Mortgage Agency |
| VRDN | Variable Rate Demand Note |

---

------

## 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 Multi State Municipal Series Trust

- **b. Investment Company Act file number:** 811-04375

- **c. CIK number of Registrant:** 0000774013

- **d. LEI of Registrant:** 549300FRPGSGLXTBXJ40

- **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 New York Municipal Opportunities Fund

- **b. EDGAR series identifier (if any):** S000004034

- **c. LEI of Series:** YL98Y8FYIV7DWE5KIJ84

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

- **a. Date of fiscal year-end:** 2026-06-30

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1155982875.28

**Total Liabilities:** $84232468.52

**Net Assets:** $1071750406.76

**Delayed Delivery Securities:** $8675531.60

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 102386.64000000 | **1-Year:** 15397.62000000 | **5-Year:** 406342.74000000 | **10-Year:** 273242.38000000 | **30-Year:** 100033.70000000

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

- **3-Month:** 0.83000000 | **1-Year:** 1072.78000000 | **5-Year:** 3917.44000000 | **10-Year:** 35228.18000000 | **30-Year:** 45270.65000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000011313 | 0.89%                | 1.46%                | -2.04%               |
| Class ID C000011316 | 0.80%                | 1.47%                | -1.94%               |
| Class ID C000038358 | 0.78%                | 1.45%                | -2.05%               |
| Class ID C000038359 | 0.72%                | 1.39%                | -2.02%               |
| Class ID C000199771 | 0.81%                | 1.47%                | -1.94%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $171440.82               | $4981629.29                                |
| Month 2  | $383440.47               | $11800573.88                               |
| Month 3  | $-233934.86              | $-24825503.73                              |

**Designated Index Information**

- **Index Name:** 85% Bloomberg Municipal Bond: New York Exempt Total Return Index Unhedged USD/10% New York Bloomberg Municipal Bond: High Yield (non-Investment Grade) Total Return Index/5% Bloomberg Municipal Index New York Taxable Bonds Total Return Index Value

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Albany Capital Resource Corp                                            | ALBANY NY CAPITAL RESOURCE CORP                                         | CUSIP: 012432DR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    930378 | PA      | $18607.57     | 0.00%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Albany Capital Resource Corp                                            | ALBANY NY CAPITAL RESOURCE CORP                                         | CUSIP: 012432DS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    961391 | PA      | $19227.82     | 0.00%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Albany Capital Resource Corp                                            | ALBANY NY CAPITAL RESOURCE CORP                                         | CUSIP: 012432ET3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3923184.75   | 0.37%             | 2050-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Amherst Development Corp                                                | AMHERST NY DEV CORP                                                     | CUSIP: 03135NAQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $80431.20     | 0.01%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Amherst Development Corp                                                | AMHERST NY DEV CORP                                                     | CUSIP: 03135NAR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1040000 | PA      | $936178.26    | 0.09%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Battery Park City Authority                                             | BATTERY PARK CITY NY AUTH                                               | CUSIP: 07133AJM5<br>LEI: 549300RF3SFDOWRHVM56 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4103686.80   | 0.38%             | 2053-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Battery Park City Authority                                             | BATTERY PARK CITY NY AUTH                                               | CUSIP: 07133AKP6<br>LEI: 549300RF3SFDOWRHVM56 | Long             | DBT              | MUN               | US        |  22765000 | PA      | $23647341.81  | 2.21%             | 2050-11-01      | Fixed         | 5.00%                 | 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        |   4440000 | PA      | $3580170.47   | 0.33%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Buffalo & Erie County Industrial Land Development Corp                  | BUFFALO & ERIE CNTY NY INDL LAND DEV CORP REVENUE                       | CUSIP: 11943KCX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    655000 | PA      | $662129.54    | 0.06%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                 | BUILD NYC RESOURCE CORP NY REVENUE                                      | CUSIP: 12008EDL7<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    325000 | PA      | $325182.55    | 0.03%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                 | BUILD NYC RESOURCE CORP NY REVENUE                                      | CUSIP: 12008EHE9<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250293.18    | 0.02%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                 | BUILD NYC RESOURCE CORP NY REVENUE                                      | CUSIP: 12008EHF6<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    310000 | PA      | $310321.44    | 0.03%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                 | BUILD NYC RESOURCE CORP NY REVENUE                                      | CUSIP: 12008ENM4<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   2900000 | PA      | $3022123.06   | 0.28%             | 2047-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                 | BUILD NYC RESOURCE CORP NY REVENUE                                      | CUSIP: 12008ENN2<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    450000 | PA      | $452514.42    | 0.04%             | 2031-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                 | BUILD NYC RESOURCE CORP NY REVENUE                                      | CUSIP: 12008ENP7<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    140000 | PA      | $140146.99    | 0.01%             | 2038-05-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                 | BUILD NYC RESOURCE CORP NY REVENUE                                      | CUSIP: 12008ENQ5<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   2175000 | PA      | $2098496.99   | 0.20%             | 2048-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                 | BUILD NYC RESOURCE CORP NY REVENUE                                      | CUSIP: 12008ETJ5<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    500000 | PA      | $505258.95    | 0.05%             | 2042-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                 | BUILD NYC RESOURCE CORP NY REVENUE                                      | CUSIP: 12008EWB8<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    900000 | PA      | $907524.18    | 0.08%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                 | BUILD NYC RESOURCE CORP NY REVENUE                                      | CUSIP: 12008EWC6<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    725000 | PA      | $708859.98    | 0.07%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                 | BUILD NYC RESOURCE CORP NY REVENUE                                      | CUSIP: 12008EWD4<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1255000 | PA      | $1158669.46   | 0.11%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                 | BUILD NYC RESOURCE CORP NY SOL WST DISP REVENUE                         | CUSIP: 12008HAC3<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100135.44    | 0.01%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                   | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE                    | CUSIP: 13034A7E4<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |  13130000 | PA      | $6958900.00   | 0.65%             | 2065-01-01      | Floating      | 12.00%                | No            |                  2 | On Loan: No      |
| County of Cattaraugus NY                                                | CATTARAUGUS CNTY NY CAPITAL RESOURCE CORP REVENUE                       | CUSIP: 14946TAM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $130139.76    | 0.01%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cattaraugus NY                                                | CATTARAUGUS CNTY NY CAPITAL RESOURCE CORP REVENUE                       | CUSIP: 14946TAN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $225124.47    | 0.02%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chautauqua Tobacco Asset Securitization Corp                            | CHAUTAUQUA NY TOBACCO ASSET SECURITIZATION CORP                         | CUSIP: 162564BA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $686213.63    | 0.06%             | 2039-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| COLUMBIA UNIVERSITY                                                     | Trustees of Columbia University in the City of New York/The             | CUSIP: 198643AD0<br>LEI: 54930058W39DHS3GTG15 | Long             | DBT              | CORP              | US        |   2835000 | PA      | $2744258.00   | 0.26%             | 2035-10-01      | Fixed         | 4.36%                 | No            |                  2 | On Loan: No      |
| CORNELL UNIVERSITY                                                      | Cornell University                                                      | CUSIP: 219207AC1<br>LEI: 549300ZZIJPNT0RZWP17 | Long             | DBT              | CORP              | US        |   7880000 | PA      | $7931956.46   | 0.74%             | 2034-06-15      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| CORNELL UNIVERSITY                                                      | Cornell University                                                      | CUSIP: 219207AF4<br>LEI: 549300ZZIJPNT0RZWP17 | Long             | DBT              | CORP              | US        |   6140000 | PA      | $6085271.11   | 0.57%             | 2035-06-15      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| District of Columbia Tobacco Settlement Financing Corp                  | DIST OF COLUMBIA TOBACCO SETTLEMENT FING CORP                           | CUSIP: 254842BB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $266670.31    | 0.02%             | 2046-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Dobbs Ferry Local Development Corp                                      | DOBBS FERRY NY LOCAL DEV CORP REVENUE                                   | CUSIP: 256048AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000004.90   | 0.09%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dutchess County Local Development Corp                                  | DUTCHESS CNTY NY LOCAL DEV CORP REVENUE                                 | CUSIP: 267045NF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8710000 | PA      | $8940156.52   | 0.83%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dutchess County Local Development Corp                                  | DUTCHESS CNTY NY LOCAL DEV CORP REVENUE                                 | CUSIP: 267045QX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9145000 | PA      | $9145299.96   | 0.85%             | 2052-07-01      | Fixed         | 5.00%                 | 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        |   4595000 | PA      | $3722128.75   | 0.35%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                        | FLORIDA ST DEV FIN CORP                                                 | CUSIP: 340618DK0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2495000 | PA      | $873250.00    | 0.08%             | 2032-07-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                        | FLORIDA ST DEV FIN CORP                                                 | CUSIP: 340618DY0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   3260000 | PA      | $1141000.00   | 0.11%             | 2059-07-15      | Variable      | 12.00%                | No            |                  2 | On Loan: No      |
| Genesee County Funding Corp/The                                         | GENESEE CNTY NY FUNDING CORP                                            | CUSIP: 371669AW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4345000 | PA      | $4277785.02   | 0.40%             | 2052-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Hempstead Town Local Development Corp                                   | HEMPSTEAD TOWN NY LOCAL DEV CORP REVENUE                                | CUSIP: 424682FS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $570533.81    | 0.05%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hempstead Town Local Development Corp                                   | HEMPSTEAD TOWN NY LOCAL DEV CORP REVENUE                                | CUSIP: 424682FT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $265225.78    | 0.02%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                       | LIBERTY DEV CORP NY REVENUE                                             | CUSIP: 531127AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5385000 | PA      | $6118632.48   | 0.57%             | 2035-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                             | LONG ISLAND NY PWR AUTH ELEC SYS REVENUE                                | CUSIP: 542690UY6<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3740166.50   | 0.35%             | 2029-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                             | LONG ISLAND NY PWR AUTH ELEC SYS REVENUE                                | CUSIP: 542691GC8<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3155458.20   | 0.29%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                             | LONG ISLAND NY PWR AUTH ELEC SYS REVENUE                                | CUSIP: 542691HM5<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   6335000 | PA      | $6557387.01   | 0.61%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                             | LONG ISLAND NY PWR AUTH ELEC SYS REVENUE                                | CUSIP: 542691JU5<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3281406.60   | 0.31%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                             | LONG ISLAND NY PWR AUTH ELEC SYS REVENUE                                | CUSIP: 542691JW1<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5369212.50   | 0.50%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                             | LONG ISLAND NY PWR AUTH ELEC SYS REVENUE                                | CUSIP: 542691JX9<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   4325000 | PA      | $4480455.64   | 0.42%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                             | LONG ISLAND NY PWR AUTH ELEC SYS REVENUE                                | CUSIP: 542691KY5<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |  10100000 | PA      | $11019973.65  | 1.03%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority Dedicated Tax Fund                | MET TRANSPRTN AUTH NY DEDICATED TAX FUND                                | CUSIP: 59259N8N6<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1530000 | PA      | $1557160.10   | 0.15%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                   | MET TRANSPRTN AUTH NY REVENUE                                           | CUSIP: 59261A2G1<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5298562.00   | 0.49%             | 2047-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                   | MET TRANSPRTN AUTH NY REVENUE                                           | CUSIP: 59261A2J5<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2066055.20   | 0.19%             | 2049-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                   | MET TRANSPRTN AUTH NY REVENUE                                           | CUSIP: 59261A6E2<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2383206.53   | 0.22%             | 2043-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                   | MET TRANSPRTN AUTH NY REVENUE                                           | CUSIP: 59261AC21<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3105441.60   | 0.29%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                   | MET TRANSPRTN AUTH NY REVENUE                                           | CUSIP: 59261AFS1<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1510185.00   | 0.14%             | 2037-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                   | MET TRANSPRTN AUTH NY REVENUE                                           | CUSIP: 59261AH75<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   8800000 | PA      | $7881345.12   | 0.74%             | 2047-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                   | MET TRANSPRTN AUTH NY REVENUE                                           | CUSIP: 59261AK22<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2308297.50   | 0.22%             | 2044-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                   | MET TRANSPRTN AUTH NY REVENUE                                           | CUSIP: 59261AL39<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4680233.50   | 0.44%             | 2043-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                   | MET TRANSPRTN AUTH NY REVENUE                                           | CUSIP: 59261AZU4<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5142772.50   | 0.48%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Monroe County Industrial Development Corp/NY                            | MONROE CNTY NY INDL DEV CORP REVENUE                                    | CUSIP: 61075TEB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $370115.51    | 0.03%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Monroe County Industrial Development Corp/NY                            | MONROE CNTY NY INDL DEV CORP REVENUE                                    | CUSIP: 61075TRS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $91230.29     | 0.01%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Monroe County Industrial Development Corp/NY                            | MONROE CNTY NY INDL DEV CORP REVENUE                                    | CUSIP: 61075TWT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3230000 | PA      | $3305485.10   | 0.31%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Monroe County Industrial Development Corp/NY                            | MONROE CNTY NY INDL DEV CORP REVENUE                                    | CUSIP: 61075TWU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3145000 | PA      | $3234149.74   | 0.30%             | 2033-07-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust IV                                      | NEW YORK CNTYS NY TOBACCO TRUST IV                                      | CUSIP: 62947YAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3775000 | PA      | $3209541.62   | 0.30%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Nassau NY                                                     | NASSAU CNTY NY                                                          | CUSIP: 63165T5S0<br>LEI: 549300ICRCGQYCPS7T40 | Long             | DBT              | MUN               | US        |   1805000 | PA      | $1913697.10   | 0.18%             | 2045-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Nassau NY                                                     | NASSAU CNTY NY                                                          | CUSIP: 63165T5T8<br>LEI: 549300ICRCGQYCPS7T40 | Long             | DBT              | MUN               | US        |   5695000 | PA      | $5994217.01   | 0.56%             | 2046-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Nassau NY                                                     | NASSAU CNTY NY                                                          | CUSIP: 63165T5U5<br>LEI: 549300ICRCGQYCPS7T40 | Long             | DBT              | MUN               | US        |   3925000 | PA      | $4095652.72   | 0.38%             | 2047-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Nassau NY                                                     | NASSAU CNTY NY                                                          | CUSIP: 63165T6Z3<br>LEI: 549300ICRCGQYCPS7T40 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4160129.20   | 0.39%             | 2049-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Nassau NY                                                     | NASSAU CNTY NY                                                          | CUSIP: 63165TH57<br>LEI: 549300ICRCGQYCPS7T40 | Long             | DBT              | MUN               | US        |   4190000 | PA      | $4306503.37   | 0.40%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust VI                                      | NEW YORK CNTYS NY TOBACCO TRUST VI                                      | CUSIP: 64945JAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4055000 | PA      | $2829643.47   | 0.26%             | 2051-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust VI                                      | NEW YORK CNTYS NY TOBACCO TRUST VI                                      | CUSIP: 64945JAF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10305000 | PA      | $8477275.32   | 0.79%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust VI                                      | NEW YORK CNTYS NY TOBACCO TRUST VI                                      | CUSIP: 64945JAS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $90275.67     | 0.01%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust VI                                      | NEW YORK CNTYS NY TOBACCO TRUST VI                                      | CUSIP: 64945JAT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $105316.53    | 0.01%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Energy Finance Development Corp                                | NEW YORK ENERGY FIN DEV CORP                                            | CUSIP: 64947PAA4<br>LEI: 254900PRGXZMJ912RI65 | Long             | DBT              | MUN               | US        |  24845000 | PA      | $25363989.69  | 2.37%             | 2056-07-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                       | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                            | CUSIP: 649519DU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17000000 | PA      | $13002268.10  | 1.21%             | 2041-11-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                       | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                            | CUSIP: 649519EN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6125000 | PA      | $4545320.24   | 0.42%             | 2044-02-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                     | NEW YORK NY                                                             | CUSIP: 64966F3W2<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15029.99     | 0.00%             | 2032-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                     | NEW YORK NY                                                             | CUSIP: 64966QC40<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2675479.00   | 0.25%             | 2044-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                     | NEW YORK NY                                                             | CUSIP: 64966QL40<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1600859.10   | 0.15%             | 2043-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                     | NEW YORK NY                                                             | CUSIP: 64966SCL8<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8606488.80   | 0.80%             | 2046-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                     | NEW YORK NY                                                             | CUSIP: 64966SHE9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   5160000 | PA      | $5492857.15   | 0.51%             | 2045-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                     | NEW YORK NY                                                             | CUSIP: 64966SJX5<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5151424.50   | 0.48%             | 2047-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                     | NEW YORK NY                                                             | CUSIP: 64966STX4<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   3820000 | PA      | $4024675.60   | 0.38%             | 2048-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                     | NEW YORK NY                                                             | CUSIP: 64966STY2<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4728952.35   | 0.44%             | 2049-02-01      | 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        |   2000000 | PA      | $1958955.00   | 0.18%             | 2053-02-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                  | NEW YORK CITY NY HSG DEV CORP REVENUE                                   | CUSIP: 64966WLZ8<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2502753.75   | 0.23%             | 2055-02-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| New York City Industrial Development Agency                             | NEW YORK CITY NY INDL DEV AGY REVENUE                                   | CUSIP: 64971PHT5<br>LEI: 549300XR20ZR5DHL9534 | Long             | DBT              | MUN               | US        |   4155000 | PA      | $2086234.23   | 0.19%             | 2041-03-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York City Industrial Development Agency                             | NEW YORK CITY NY INDL DEV AGY REVENUE                                   | CUSIP: 64971PHU2<br>LEI: 549300XR20ZR5DHL9534 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $2602956.40   | 0.24%             | 2042-03-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York City Industrial Development Agency                             | NEW YORK CITY NY INDL DEV AGY REVENUE                                   | CUSIP: 64971PHV0<br>LEI: 549300XR20ZR5DHL9534 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $894786.40    | 0.08%             | 2043-03-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York City Industrial Development Agency                             | NEW YORK CITY NY INDL DEV AGY REVENUE                                   | CUSIP: 64971PHX6<br>LEI: 549300XR20ZR5DHL9534 | Long             | DBT              | MUN               | US        |   2450000 | PA      | $966903.04    | 0.09%             | 2045-03-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE                          | CUSIP: 64971X8H4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4145540.40   | 0.39%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                  | NEW YORK CITY NY HSG DEV CORPMF HSG REVENUE                             | CUSIP: 64972C3W1<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2272410.25   | 0.21%             | 2038-11-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                  | NEW YORK CITY NY HSG DEV CORP MF HSG REVENUE                            | CUSIP: 64972C7M9<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    520000 | PA      | $510538.29    | 0.05%             | 2043-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                  | NEW YORK CITY NY HSG DEV CORP MF HSG REVENUE                            | CUSIP: 64972CWX7<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    400000 | PA      | $373717.76    | 0.03%             | 2036-11-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                  | NEW YORK CITY NY HSG DEV CORP MF HSG REVENUE                            | CUSIP: 64972E2Z1<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2017971.20   | 0.19%             | 2042-11-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                  | NEW YORK CITY NY HSG DEV CORP MF HSG REVENUE                            | CUSIP: 64972E3A5<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1481989.50   | 0.14%             | 2047-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                  | NEW YORK CITY NY HSG DEV CORP MF HSG REVENUE                            | CUSIP: 64972E5F2<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3017155.20   | 0.28%             | 2043-11-01      | Fixed         | 4.60%                 | 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: 64972GB29<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5250489.00   | 0.49%             | 2045-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                         | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE                | CUSIP: 64972GE42<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4784926.00   | 0.45%             | 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: 64972GEL4<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15000000.00  | 1.40%             | 2049-06-15      | Floating      | 2.75%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                         | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE                | CUSIP: 64972GK37<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |  15105000 | PA      | $15773879.61  | 1.47%             | 2053-06-15      | Fixed         | 5.25%                 | 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: 64972GL28<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $8107476.75   | 0.76%             | 2043-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                         | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE                | CUSIP: 64972GL44<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2079145.40   | 0.19%             | 2048-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                         | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE                | CUSIP: 64972GL51<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2640413.75   | 0.25%             | 2050-06-15      | Fixed         | 5.25%                 | 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: 64972GS21<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5179700.50   | 0.48%             | 2050-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                         | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE                | CUSIP: 64972GS39<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   2560000 | PA      | $2681009.41   | 0.25%             | 2055-06-15      | Fixed         | 5.25%                 | 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: 64972GS88<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2085971.60   | 0.19%             | 2048-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                         | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE                | CUSIP: 64972GT46<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1048140.40   | 0.10%             | 2056-06-15      | 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: 64972JC97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2146329.60   | 0.20%             | 2050-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                              | CUSIP: 64972JHY7<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   8800000 | PA      | $9158245.36   | 0.85%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                              | CUSIP: 64972JWF1<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2664589.75   | 0.25%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                              | CUSIP: 64972JXQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2640571.00   | 0.25%             | 2048-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                              | CUSIP: 64972JXR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4110032.40   | 0.38%             | 2051-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                  | NEW YORK CITY NY HSG DEV CORP MF HSG REV                                | CUSIP: 64972KBA2<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5016070.50   | 0.47%             | 2043-11-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                  | NEW YORK CITY NY HSG DEV CORP MF HSG REV                                | CUSIP: 64972KCH6<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1652349.27   | 0.15%             | 2044-11-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                  | NEW YORK CITY NY HSG DEV CORP MF HSG REV                                | CUSIP: 64972KCJ2<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1965406.40   | 0.18%             | 2049-11-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                  | NEW YORK CITY NY HSG DEV CORP MF HSG REV                                | CUSIP: 64972KPH2<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |  10405000 | PA      | $10380714.73  | 0.97%             | 2046-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                  | NEW YORK CITY NY HSG DEV CORP MF HSG REV                                | CUSIP: 64972KPJ8<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2507830.75   | 0.23%             | 2051-11-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Building Aid Revenue       | NEW YORK CITY NY TRANSITIONAL FIN AUTH BLDG AID REVENUE                 | CUSIP: 64972LAT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1638268.95   | 0.15%             | 2043-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Industrial Development Agency                             | NEW YORK CITY NY INDL DEV AGY ARPT FACS REVENUE                         | CUSIP: 64972PAL8<br>LEI: 549300XR20ZR5DHL9534 | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1225794.78   | 0.11%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES SECONDARILY INSURED                      | CUSIP: 64983SFU4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    245000 | PA      | $264073.35    | 0.02%             | 2031-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES                                          | CUSIP: 64983XWC4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    500000 | PA      | $573166.85    | 0.05%             | 2040-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York State Energy Research & Development Authority                  | NEW YORK ST ENERGY RESEARCH & DEV AUTH POLL CONTROL REVENUE             | CUSIP: 649845HY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $660454.21    | 0.06%             | 2034-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 64985SBX0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1362073.18   | 0.13%             | 2054-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 64985SFZ1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5443003.00   | 0.51%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 64985SKA0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1635000 | PA      | $1719600.46   | 0.16%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp                                           | NEW YORK ST URBAN DEV CORP SALES TAX REVENUE                            | CUSIP: 64985TEM9<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7904706.75   | 0.74%             | 2045-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp                                           | NEW YORK ST URBAN DEV CORP SALES TAX REVENUE                            | CUSIP: 64985TFY2<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3180070.80   | 0.30%             | 2045-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp                            | NEW YORK ST ENVRNMNTL FACS CORP ST CLEAN WTR & DRINKING WTR             | CUSIP: 64986DPG4<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1910967.10   | 0.18%             | 2045-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp                            | NEW YORK ST ENVRNMNTL FACS CORP ST CLEAN WTR & DRINKING WTR             | CUSIP: 64986DPL3<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5280823.50   | 0.49%             | 2053-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                   | NEW YORK ST HSG FIN AGY MF HSG REVENUE                                  | CUSIP: 64986EAB9<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |    875000 | PA      | $875894.25    | 0.08%             | 2038-02-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                   | NEW YORK ST HSG FIN AGY MF HSG REVENUE                                  | CUSIP: 64986EAJ2<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |    645000 | PA      | $645154.54    | 0.06%             | 2038-02-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                   | NEW YORK ST HSG FIN AGY                                                 | CUSIP: 64987BR26<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |    165000 | PA      | $152097.25    | 0.01%             | 2047-11-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                   | NEW YORK ST HSG FIN AGY AFFORDABLE HSG REVENUE                          | CUSIP: 64987JQX2<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $3029247.00   | 0.28%             | 2051-11-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| State of New York Mortgage Agency Homeowner Mortgage Revenue            | NEW YORK ST MTGE AGY HOMEOWNER MTGE REVENUE                             | CUSIP: 64988YKX4<br>LEI: 549300ZQWNLLIG564027 | Long             | DBT              | MUN               | US        |   5260000 | PA      | $5051388.93   | 0.47%             | 2027-10-01      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| State of New York Mortgage Agency Homeowner Mortgage Revenue            | NEW YORK ST MTGE AGY HOMEOWNER MTGE REVENUE                             | CUSIP: 64988YKY2<br>LEI: 549300ZQWNLLIG564027 | Long             | DBT              | MUN               | US        |   5475000 | PA      | $5187211.01   | 0.48%             | 2028-04-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| State of New York Mortgage Agency Homeowner Mortgage Revenue            | NEW YORK ST MTGE AGY HOMEOWNER MTGE REVENUE                             | CUSIP: 64988YS73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2468803.25   | 0.23%             | 2048-10-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| State of New York Mortgage Agency Homeowner Mortgage Revenue            | NEW YORK ST MTGE AGY HOMEOWNER MTGE REVENUE                             | CUSIP: 64988YSF5<br>LEI: 549300ZQWNLLIG564027 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5004846.50   | 0.47%             | 2048-10-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| State of New York Mortgage Agency Homeowner Mortgage Revenue            | NEW YORK ST MTGE AGY HOMEOWNER MTGE REVENUE                             | CUSIP: 64988YZE0<br>LEI: 549300ZQWNLLIG564027 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4925603.00   | 0.46%             | 2044-10-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| New York Power Authority                                                | NEW YORK ST PWR AUTH REVENUE                                            | CUSIP: 64989KFD3<br>LEI: I5P1GEYFGGMMDOFX2L30 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5339400.50   | 0.50%             | 2033-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 649906HX5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    520000 | PA      | $520958.67    | 0.05%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 649907YA4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |  15220000 | PA      | $15477044.49  | 1.44%             | 2034-12-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH SALES TAX REVENUE                                 | CUSIP: 64990AHX6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3945000 | PA      | $4051703.18   | 0.38%             | 2042-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH SALES TAX REVENUE                                 | CUSIP: 64990AMT9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3535000 | PA      | $3658440.79   | 0.34%             | 2042-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH SALES TAX REVENUE                                 | CUSIP: 64990ASN6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3105000 | PA      | $3326338.37   | 0.31%             | 2042-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH SALES TAX REVENUE                                 | CUSIP: 64990AUC7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15578929.50  | 1.45%             | 2048-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH SALES TAX REVENUE                                 | CUSIP: 64990AYA7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3169957.50   | 0.30%             | 2050-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                    | CUSIP: 64990FKY9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5209909.00   | 0.49%             | 2041-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                    | CUSIP: 64990FWS9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |      5000 | PA      | $5161.01      | 0.00%             | 2043-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                    | CUSIP: 64990FX41<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2407835.75   | 0.22%             | 2043-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 64990GME9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    460000 | PA      | $373170.58    | 0.03%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                    | CUSIP: 64990KGV9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7762554.00   | 0.72%             | 2048-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                    | CUSIP: 64990KJB0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3196064.40   | 0.30%             | 2047-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                        | NEW YORK ST THRUWAY AUTH                                                | CUSIP: 6500092H5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14250000 | PA      | $14869320.68  | 1.39%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                        | NEW YORK ST THRUWAY AUTH                                                | CUSIP: 650009X40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2345000 | PA      | $2149860.36   | 0.20%             | 2047-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 65000B6L7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2587347.00   | 0.24%             | 2054-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 65000B7E2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3081606.85   | 0.29%             | 2054-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 65000BBD9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5250849.50   | 0.49%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 65000BDL9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2319261.50   | 0.22%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 65000BN87<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    735000 | PA      | $758815.54    | 0.07%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 65000BNB0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1705000 | PA      | $1816179.98   | 0.17%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 65000BNH7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4011804.80   | 0.37%             | 2052-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 65000BPS1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4439191.50   | 0.41%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 65000BW38<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $16034031.00  | 1.50%             | 2054-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York Power Authority                                                | NEW YORK ST PWR AUTH GREEN TRANSMISSION PROJ REVENUE                    | CUSIP: 65000XAV2<br>LEI: I5P1GEYFGGMMDOFX2L30 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9236767.00   | 0.86%             | 2047-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Power Authority                                                | NEW YORK ST PWR AUTH GREEN TRANSMISSION PROJ REVENUE                    | CUSIP: 65000XBT6<br>LEI: I5P1GEYFGGMMDOFX2L30 | Long             | DBT              | MUN               | US        |   5025000 | PA      | $5252137.54   | 0.49%             | 2048-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                        | NEW YORK ST THRUWAY AUTH GEN REVENUE JUNIOR INDEBTEDNESS OBL            | CUSIP: 650010DV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1035601.60   | 0.10%             | 2048-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                        | NEW YORK ST THRUWAY AUTH GEN REVENUE JUNIOR INDEBTEDNESS OBL            | CUSIP: 650010DW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3405000 | PA      | $3485694.41   | 0.33%             | 2051-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                        | NEW YORK ST THRUWAY AUTH PERSONAL INCOME TAX REVENUE                    | CUSIP: 650028A86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2317521.36   | 0.22%             | 2046-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                        | NEW YORK ST THRUWAY AUTH PERSONAL INCOME TAX REVENUE                    | CUSIP: 650028A94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3131472.90   | 0.29%             | 2047-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                        | NEW YORK ST THRUWAY AUTH PERSONAL INCOME TAX REVENUE                    | CUSIP: 650028B36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2587130.25   | 0.24%             | 2049-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                        | NEW YORK ST THRUWAY AUTH PERSONAL INCOME TAX REVENUE                    | CUSIP: 650028YU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4255280.00   | 0.40%             | 2042-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp                                           | NEW YORK ST URBAN DEV CORP REVENUE                                      | CUSIP: 650036HZ2<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   5805000 | PA      | $6110636.15   | 0.57%             | 2045-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                | NEW YORK ST TRANSPRTN DEV CORP EXEMPT FAC REVENUE                       | CUSIP: 650110AD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4355000 | PA      | $3893333.85   | 0.36%             | 2046-10-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                | NEW YORK ST TRANSPRTN DEV CORP EXEMPT FAC REVENUE                       | CUSIP: 650110AE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2123425.75   | 0.20%             | 2053-04-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116AL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250191.88    | 0.02%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116AQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $750262.13    | 0.07%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116AV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10190000 | PA      | $10190240.48  | 0.95%             | 2050-01-01      | 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        |   3245000 | PA      | $3381282.86   | 0.32%             | 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: 650116ET9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4447213.18   | 0.41%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116FH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4645000 | PA      | $4988782.49   | 0.47%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116FK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1510000 | PA      | $1603200.67   | 0.15%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116FP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3118001.70   | 0.29%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116FR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7565000 | PA      | $7813571.53   | 0.73%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116FS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1755000 | PA      | $1804220.91   | 0.17%             | 2042-12-01      | 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        |   5755000 | PA      | $6047218.18   | 0.56%             | 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: 650116GY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16965000 | PA      | $17573254.63  | 1.64%             | 2054-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116HL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5960000 | PA      | $5924194.11   | 0.55%             | 2049-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116HQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15022891.50  | 1.40%             | 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: 650116HT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10056164.00  | 0.94%             | 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: 650116JG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $545010.60    | 0.05%             | 2044-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Niagara Tobacco Asset Securitization Corp                               | NIAGARA CNTY NY TOBACCO ASSET SECURITIZATION CORP TOBACCO AS            | CUSIP: 653364BP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1202768.38   | 0.11%             | 2040-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Niagara Falls Bridge Commission                                         | NIAGARA FALLS NY BRIDGE COMMISSION                                      | CUSIP: 653403DQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1612748.61   | 0.15%             | 2033-10-01      | Fixed         | 4.16%                 | No            |                  2 | On Loan: No      |
| Niagara Frontier Transportation Authority Airport System Revenues       | NIAGARA NY FRONTIER TRANSPRTN AUTH ARPT REVENUE                         | CUSIP: 653544DY9<br>LEI: 2549006J37UHUDTNJV60 | Long             | DBT              | MUN               | US        |    300000 | PA      | $311415.09    | 0.03%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Niagara Frontier Transportation Authority Airport System Revenues       | NIAGARA NY FRONTIER TRANSPRTN AUTH ARPT REVENUE                         | CUSIP: 653544DZ6<br>LEI: 2549006J37UHUDTNJV60 | Long             | DBT              | MUN               | US        |    375000 | PA      | $388232.78    | 0.04%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Niagara Frontier Transportation Authority Airport System Revenues       | NIAGARA NY FRONTIER TRANSPRTN AUTH ARPT REVENUE                         | CUSIP: 653544EA0<br>LEI: 2549006J37UHUDTNJV60 | Long             | DBT              | MUN               | US        |    225000 | PA      | $232356.26    | 0.02%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Niagara Frontier Transportation Authority Airport System Revenues       | NIAGARA NY FRONTIER TRANSPRTN AUTH ARPT REVENUE                         | CUSIP: 653544EB8<br>LEI: 2549006J37UHUDTNJV60 | Long             | DBT              | MUN               | US        |    200000 | PA      | $206027.08    | 0.02%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Niagara Frontier Transportation Authority Airport System Revenues       | NIAGARA NY FRONTIER TRANSPRTN AUTH ARPT REVENUE                         | CUSIP: 653544EC6<br>LEI: 2549006J37UHUDTNJV60 | Long             | DBT              | MUN               | US        |    210000 | PA      | $215673.07    | 0.02%             | 2036-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Niagara Frontier Transportation Authority Airport System Revenues       | NIAGARA NY FRONTIER TRANSPRTN AUTH ARPT REVENUE                         | CUSIP: 653544ED4<br>LEI: 2549006J37UHUDTNJV60 | Long             | DBT              | MUN               | US        |    250000 | PA      | $256005.80    | 0.02%             | 2037-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Niagara Frontier Transportation Authority Airport System Revenues       | NIAGARA NY FRONTIER TRANSPRTN AUTH ARPT REVENUE                         | CUSIP: 653544EE2<br>LEI: 2549006J37UHUDTNJV60 | Long             | DBT              | MUN               | US        |    250000 | PA      | $255343.80    | 0.02%             | 2038-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Niagara Frontier Transportation Authority Airport System Revenues       | NIAGARA NY FRONTIER TRANSPRTN AUTH ARPT REVENUE                         | CUSIP: 653544EF9<br>LEI: 2549006J37UHUDTNJV60 | Long             | DBT              | MUN               | US        |    175000 | PA      | $178306.08    | 0.02%             | 2039-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Onondaga County Trust for Cultural Resources                            | ONONDAGA CNTY NY TRUST CULTURAL RESOURCE REVENUE                        | CUSIP: 68276FDH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $135677.65    | 0.01%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Onondaga Civic Development Corp                                         | ONONDAGA NY CIVIC DEV CORP                                              | CUSIP: 682832LL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2570000 | PA      | $2750916.69   | 0.26%             | 2056-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                 | PORT AUTH OF NEW YORK & NEW JERSEY NY                                   | CUSIP: 73358W4A9<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1960000 | PA      | $2003308.16   | 0.19%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                 | PORT AUTH OF NEW YORK & NEW JERSEY NY                                   | CUSIP: 73358XFL1<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2649026.00   | 0.25%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                 | PORT AUTH OF NEW YORK & NEW JERSEY NY                                   | CUSIP: 73358XFM9<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   5900000 | PA      | $6413893.54   | 0.60%             | 2039-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                 | PORT AUTH OF NEW YORK & NEW JERSEY NY                                   | CUSIP: 73358XGF3<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2613821.75   | 0.24%             | 2052-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                 | PORT AUTH OF NEW YORK & NEW JERSEY NY                                   | CUSIP: 73358XGM8<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4169783.60   | 0.39%             | 2047-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                 | PORT AUTH OF NEW YORK & NEW JERSEY NY                                   | CUSIP: 73358XHZ8<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4263041.20   | 0.40%             | 2039-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                 | PORT AUTH OF NEW YORK & NEW JERSEY NY                                   | CUSIP: 73358XJA1<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1454626.53   | 0.14%             | 2040-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                 | PORT AUTH OF NEW YORK & NEW JERSEY NY                                   | CUSIP: 73358XMF6<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1735366.56   | 0.16%             | 2049-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                 | PORT AUTH OF NEW YORK & NEW JERSEY NY                                   | CUSIP: 73358XPY2<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3126012.00   | 0.29%             | 2050-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                 | PORT AUTH OF NEW YORK & NEW JERSEY NY                                   | CUSIP: 73358XQT2<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2188565.20   | 0.20%             | 2043-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                 | PORT AUTH OF NEW YORK & NEW JERSEY NY                                   | CUSIP: 73358XQW5<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   4335000 | PA      | $4578160.99   | 0.43%             | 2047-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                             | PUERTO RICO CMWLTH                                                      | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    399659 | PA      | $421983.71    | 0.04%             | 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        |    388185 | PA      | $423805.71    | 0.04%             | 2031-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                             | PUERTO RICO CMWLTH                                                      | CUSIP: 74514L3L9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    931157 | PA      | $917427.28    | 0.09%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                             | PUERTO RICO CMWLTH                                                      | CUSIP: 74514L3M7<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    799178 | PA      | $771626.98    | 0.07%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                             | PUERTO RICO CMWLTH                                                      | CUSIP: 74514L3N5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    233037 | PA      | $215656.84    | 0.02%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                             | PUERTO RICO CMWLTH                                                      | CUSIP: 74514L3P0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1130025 | PA      | $969751.41    | 0.09%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                             | PUERTO RICO CMWLTH                                                      | CUSIP: 74514L3R6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1333133 | PA      | $967498.08    | 0.09%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                             | PUERTO RICO CMWLTH                                                      | CUSIP: 74514L4E4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   9700000 | PA      | $3079750.00   | 0.29%             | 2051-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                             | PUERTO RICO CMWLTH                                                      | CUSIP: 74514L4G9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |  15950889 | PA      | $9730042.04   | 0.91%             | 2051-11-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                    | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                    | CUSIP: 74526YAA3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1055000 | PA      | $700256.25    | 0.07%             | 2031-07-01      | Floating      | 1.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                    | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                    | CUSIP: 74526YAF2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    999052 | PA      | $664369.58    | 0.06%             | 2019-07-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                    | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                    | CUSIP: 74526YAG0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    999052 | PA      | $664369.58    | 0.06%             | 2019-07-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                    | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                    | CUSIP: 74526YBV6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    430000 | PA      | $285950.00    | 0.03%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                    | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                    | CUSIP: 74526YCT0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    565000 | PA      | $375018.75    | 0.03%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                    | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                    | CUSIP: 74526YCW3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    435000 | PA      | $288731.25    | 0.03%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                    | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                    | CUSIP: 74526YDK8<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1060000 | PA      | $704900.00    | 0.07%             | 2023-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                    | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                    | CUSIP: 74526YDV4<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    285000 | PA      | $189168.75    | 0.02%             | 2027-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                    | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                    | CUSIP: 74526YDY8<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    440000 | PA      | $292050.00    | 0.03%             | 2028-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                    | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                    | CUSIP: 74526YEA9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    235000 | PA      | $155981.25    | 0.01%             | 2029-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                    | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                    | CUSIP: 74526YED3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    420000 | PA      | $278775.00    | 0.03%             | 2033-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                    | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                    | CUSIP: 74526YEF8<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    185000 | PA      | $122793.75    | 0.01%             | 2035-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                    | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                    | CUSIP: 74526YEJ0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    385000 | PA      | $256025.00    | 0.02%             | 2024-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                    | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                    | CUSIP: 74526YEK7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   2744840 | PA      | $1825318.60   | 0.17%             | 2018-01-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                    | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                    | CUSIP: 74526YEL5<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    277503 | PA      | $184539.50    | 0.02%             | 2020-01-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                    | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                    | CUSIP: 74526YEM3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   2745284 | PA      | $1825613.86   | 0.17%             | 2018-07-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                    | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                    | CUSIP: 74526YEN1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    277503 | PA      | $184539.50    | 0.02%             | 2020-07-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                    | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                    | CUSIP: 74526YEP6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    610000 | PA      | $405650.00    | 0.04%             | 2017-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                    | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                    | CUSIP: 74526YEQ4<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    535000 | PA      | $355775.00    | 0.03%             | 2018-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                    | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                    | CUSIP: 74526YER2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    435000 | PA      | $289275.00    | 0.03%             | 2019-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                    | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                    | CUSIP: 74526YEU5<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    520000 | PA      | $345150.00    | 0.03%             | 2038-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                    | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                    | CUSIP: 74526YEV3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    260000 | PA      | $172575.00    | 0.02%             | 2036-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                    | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                    | CUSIP: 74526YFC4<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1860000 | PA      | $1234575.00   | 0.12%             | 2040-07-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                    | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                    | CUSIP: 74526YFD2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   3560000 | PA      | $2362950.00   | 0.22%             | 2036-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                    | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                    | CUSIP: 74526YFM2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1726077 | PA      | $1147841.21   | 0.11%             | 2020-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                    | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                    | CUSIP: 74526YFN0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    185000 | PA      | $123025.00    | 0.01%             | 2017-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                    | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                    | CUSIP: 74526YFP5<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    165000 | PA      | $109725.00    | 0.01%             | 2018-07-01      | 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: 74529JPW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7005000 | PA      | $6522974.74   | 0.61%             | 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: 74529JQD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $440283.03    | 0.04%             | 2029-07-01      | 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: 74529JQF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1423000 | PA      | $1093381.83   | 0.10%             | 2033-07-01      | 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: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  25445000 | PA      | $8915553.96   | 0.83%             | 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: 74529JQW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2677000 | PA      | $937981.45    | 0.09%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                  | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE                       | CUSIP: 74529JRH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1627000 | PA      | $1603421.52   | 0.15%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                  | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE                       | CUSIP: 74529JRK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     49000 | PA      | $43787.31     | 0.00%             | 2053-07-01      | Fixed         | 4.54%                 | 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        |   5323000 | PA      | $4914715.79   | 0.46%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| San Joaquin Valley Clean Energy Authority                               | SAN JOAQUIN VLY CLEAN ENERGY AUTH CA CLEAN ENERGY REVENUE               | CUSIP: 79811YAK4<br>LEI: 254900VA5DFN33OVGH87 | Long             | DBT              | MUN               | US        |    625000 | PA      | $680618.31    | 0.06%             | 2056-01-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Saratoga County Capital Resource Corp                                   | SARATOGA CNTY NY CAPITAL RESOURCE CORP LEASE REVENUE                    | CUSIP: 80349LAQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1353902.03   | 0.13%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Schenectady County Capital Resource Corp                                | SCHENECTADY CNTY NY CAPITAL RESOURCE CORP REVENUE                       | CUSIP: 806418BF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $291254.07    | 0.03%             | 2052-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Schenectady County Capital Resource Corp                                | SCHENECTADY CNTY NY CAPITAL RESOURCE CORP LEASE REVENUE                 | CUSIP: 80641AAJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1424040.34   | 0.13%             | 2050-01-01      | Fixed         | 5.25%                 | 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        |   2420000 | PA      | $2433683.65   | 0.23%             | 2056-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Southold Local Development Corp                                         | SOUTHOLD NY LOCAL DEV CORP REVENUE                                      | CUSIP: 844584AM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1665308.77   | 0.16%             | 2045-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Suffolk County Economic Development Corp                                | SUFFOLK CNTY NY ECON DEV CORPREVENUE                                    | CUSIP: 86476RCT9<br>LEI: 5493003FN78GO4R0BJ89 | Long             | DBT              | MUN               | US        |    285000 | PA      | $285327.38    | 0.03%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Suffolk Regional Off-Track Betting Corp                                 | SUFFOLK REGL OFF-TRACK BETTING CORP NY REV                              | CUSIP: 86480TAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1274167.36   | 0.12%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                             | CUSIP: 89602RDX0<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10221177.00  | 0.95%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hudson Yards Infrastructure Corp                                        | HUDSON YARDS INFRASTRUCTURE CORP NY 2ND INDENTURE REVENUE               | CUSIP: 44420RBD1<br>LEI: 549300EE2HJ67TPURL87 | Long             | DBT              | MUN               | US        |   9005000 | PA      | $9128908.31   | 0.85%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | New York City Transitional Finance Authority Future Tax Secured Revenue | CUSIP: 64971X4D7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5910000 | PA      | $6332046.69   | 0.59%             | 2045-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York State Urban Development Corp                                   | New York State Urban Development Corp                                   | CUSIP: 650036FW1<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   4220000 | PA      | $4429609.93   | 0.41%             | 2044-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hudson Yards Infrastructure Corp                                        | Hudson Yards Infrastructure Corp                                        | CUSIP: 44420RBC3<br>LEI: 549300EE2HJ67TPURL87 | Long             | DBT              | MUN               | US        |  17484999 | PA      | $17737652.32  | 1.66%             | 2038-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | New York State Dormitory Authority                                      | CUSIP: 64990AMT9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   9410000 | PA      | $9738593.44   | 0.91%             | 2042-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | Triborough Bridge & Tunnel Authority                                    | CUSIP: 89602HEN3<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   8410000 | PA      | $8818043.11   | 0.82%             | 2047-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                     | City of New York NY                                                     | CUSIP: 64966QG61<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10664473.00  | 1.00%             | 2043-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Urban Development Corp                                   | NEW YORK ST URBAN DEV CORP REVENUE                                      | CUSIP: 650036FT8<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10663980.00  | 1.00%             | 2041-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                   | Metropolitan Transportation Authority                                   | CUSIP: 59261AA31<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |  11364998 | PA      | $11796853.63  | 1.10%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | New York City Transitional Finance Authority Future Tax Secured Revenue | CUSIP: 64971X4F2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10391240.00  | 0.97%             | 2048-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | New York City Transitional Finance Authority Future Tax Secured Revenue | CUSIP: 64971X4C9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2960000 | PA      | $3162507.22   | 0.30%             | 2043-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                         | New York City Municipal Water Finance Authority                         | CUSIP: 64972GC28<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |  12500000 | PA      | $13016996.25  | 1.21%             | 2047-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                            | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                              | CUSIP: 64972JTE8<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |  10999999 | PA      | $11492749.74  | 1.07%             | 2046-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tompkins County Development Corp                                        | TOMPKINS CNTY NY DEV CORP CONTINUING CARE RETMNT REVENUE                | CUSIP: 890090AM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1145309.61   | 0.11%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX                 | CUSIP: 89602HGJ0<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   4200000 | PA      | $4620089.88   | 0.43%             | 2042-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX                 | CUSIP: 89602HHH3<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   9025000 | PA      | $9407007.49   | 0.88%             | 2054-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX                 | CUSIP: 89602HJX6<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6246412.80   | 0.58%             | 2048-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                             | CUSIP: 89602RCL7<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7153750.80   | 0.67%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                             | CUSIP: 89602RKU8<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   7760000 | PA      | $8009395.54   | 0.75%             | 2048-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                             | CUSIP: 89602RMQ5<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   3610000 | PA      | $3854943.19   | 0.36%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                             | CUSIP: 89602RNH4<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10428242.00  | 0.97%             | 2047-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                  | TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE                    | CUSIP: 896035BD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15465000 | PA      | $16030602.99  | 1.50%             | 2052-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TSASC Inc/NY                                                            | TSASC INC NY                                                            | CUSIP: 898526EY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $789598.75    | 0.07%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TSASC Inc/NY                                                            | TSASC INC NY                                                            | CUSIP: 898526FR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1832112.00   | 0.17%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utility Debt Securitization Authority                                   | UTILITY DEBT SECURITIZATION AUTH NY                                     | CUSIP: 91802REL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10230570.00  | 0.95%             | 2040-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utility Debt Securitization Authority                                   | UTILITY DEBT SECURITIZATION AUTH NY                                     | CUSIP: 91802RFM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9928565.10   | 0.93%             | 2038-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utility Debt Securitization Authority                                   | UTILITY DEBT SECURITIZATION AUTH NY                                     | CUSIP: 91802RGX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3327903.30   | 0.31%             | 2040-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utility Debt Securitization Authority                                   | UTILITY DEBT SECURITIZATION AUTH NY                                     | CUSIP: 91802RHG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2602054.00   | 0.24%             | 2050-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp                               | WESTCHESTER CNTY NY LOCAL DEV CORP REVENUE                              | CUSIP: 95737TES1<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1153146.17   | 0.11%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp                               | WESTCHESTER CNTY NY LOCAL DEV CORP REVENUE                              | CUSIP: 95737TEU6<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1119033.32   | 0.10%             | 2056-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westchester Tobacco Asset Securitization Corp                           | WESTCHESTER NY TOBACCO ASSET SECURITIZATION                             | CUSIP: 957480BS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4275000 | PA      | $3446939.77   | 0.32%             | 2042-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Westchester Tobacco Asset Securitization Corp                           | WESTCHESTER NY TOBACCO ASSET SECURITIZATION                             | CUSIP: 957480BU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2375000 | PA      | $1988704.35   | 0.19%             | 2051-06-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity Funds                                               | BlackRock Liquidity Funds: MuniCash, Institutional Shares               | CUSIP: 09248U841<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |  33132177 | NS      | $33135490.41  | 3.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Yonkers Industrial Development Agency                                   | YONKERS NY INDL DEV AGY REVENUE                                         | CUSIP: 986093BS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $95156.48     | 0.01%             | 2026-10-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Yonkers Industrial Development Agency                                   | YONKERS NY INDL DEV AGY REVENUE                                         | CUSIP: 986093BT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1641078.79   | 0.15%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRIGHTLINE WEST EQ WARRANTS                                             | BRIGHTLINE WEST EQ WARRANTS                                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |    109364 | NS      | $180450.60    | 0.02%             |  |  |  | No            |                  3 | On Loan: No      |

### Signature

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

**Name of Applicant:** BlackRock Multi State Municipal Series Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer