# EDGAR Filing Document

**Accession Number:** 0001493683
**File Stem:** 0001410368-26-054495
**Filing Date:** 2026-5
**Character Count:** 177666
**Document Hash:** 1df96e84842bb695672b52ad2ff7b74c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-054495.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0001410368-26-054495

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock Taxable Municipal Bond Trust
- **CENTRAL INDEX KEY:** 0001493683

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22426
- **FILM NUMBER:** 261030902

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

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BlackRock Build America Bond Trust
- **DATE OF NAME CHANGE:** 20100608

## Nport-Ex

March 31, 2026

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

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

**BlackRock Taxable Municipal Bond Trust (BBN)**<br>

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

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

------

Schedule of Investments (unaudited)

March 31, 2026

**BlackRock Taxable Municipal Bond Trust (BBN)** 

**(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**<sup>(a)</sup> **— 2.9%** | **Commercial Services & Supplies**<sup>(a)</sup> **— 2.9%** | **Commercial Services & Supplies**<sup>(a)</sup> **— 2.9%** |
| Grand Canyon University, 5.13%, 10/01/28 | $6022 | &nbsp;&nbsp; $5937031 |
| &nbsp;&nbsp;&nbsp; Rensselaer Polytechnic Institute, Series 2018, 5.25%, <br> 09/01/48<br>| 18190 | &nbsp;&nbsp; 16184185 |
| Wesleyan University, 4.78%, 07/01/2116 | 11000 | &nbsp;&nbsp; 8486805 |
|  |  | &nbsp;&nbsp; 30608021 |
| **Financial Services**<sup>(b)</sup> **— 1.8%** | **Financial Services**<sup>(b)</sup> **— 1.8%** | **Financial Services**<sup>(b)</sup> **— 1.8%** |
| MMH Master LLC |  |  |
| &nbsp;&nbsp;&nbsp; 6.38%, 02/01/34 | 2326 | &nbsp;&nbsp; 2381671 |
| &nbsp;&nbsp;&nbsp; 6.50%, 02/01/39 | 6475 | &nbsp;&nbsp; 6630099 |
| &nbsp;&nbsp;&nbsp; 6.75%, 02/01/44 | 7300 | &nbsp;&nbsp; 7619281 |
| Western Group Housing LP, 6.75%, 03/15/57 | 2345 | &nbsp;&nbsp; 2454586 |
|  |  | &nbsp;&nbsp; 19085637 |
| **Health Care Providers & Services — 3.6%** | **Health Care Providers & Services — 3.6%** | **Health Care Providers & Services — 3.6%** |
| Ascension Health, Series 2025, 4.92%, 11/15/35<sup>(a)</sup> | 4750 | &nbsp;&nbsp; 4693348 |
| CommonSpirit Health, 5.32%, 12/01/34<sup>(a)</sup> | 5000 | &nbsp;&nbsp; 5008144 |
| Ochsner Clinic Foundation, 5.90%, 05/15/45<sup>(a)</sup> | 5000 | &nbsp;&nbsp; 4841070 |
| Sutter Health, Series 2025, 5.54%, 08/15/35<sup>(a)</sup> | 10490 | &nbsp;&nbsp; 10823088 |
| &nbsp;&nbsp;&nbsp; West Virginia United Health System Obligated Group, <br> Series 2018, 4.92%, 06/01/48<br>| 15000 | &nbsp;&nbsp; 12734934 |
|  |  | &nbsp;&nbsp; 38100584 |
| **Interactive Media & Services — 1.1%** | **Interactive Media & Services — 1.1%** | **Interactive Media & Services — 1.1%** |
| Meta Platforms, Inc., 5.50%, 11/15/45<sup>(a)</sup> | 12550 | &nbsp;&nbsp; 11876260 |
| **Internet Software & Services — 0.9%** | **Internet Software & Services — 0.9%** | **Internet Software & Services — 0.9%** |
| Amazon.com, Inc., 5.65%, 03/13/46 | 10000 | &nbsp;&nbsp; 9965403 |
| **Pharmaceuticals — 0.9%** | **Pharmaceuticals — 0.9%** | **Pharmaceuticals — 0.9%** |
| AbbVie, Inc., 4.75%, 03/15/36<sup>(a)</sup> | 9360 | &nbsp;&nbsp; 9183272 |
| **Total Corporate Bonds — 11.2%** <br>**(Cost: $125,978,392)** | **Total Corporate Bonds — 11.2%** <br>**(Cost: $125,978,392)** | &nbsp;&nbsp; 118819177 |
| **Municipal Bonds** | **Municipal Bonds** | **Municipal Bonds** |
| **Alabama — 0.5%** | **Alabama — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; Alabama Incentives Financing Authority, Refunding RB, <br> Series B, (AGM), 3.54%, 09/01/42<br>| 4970 | &nbsp;&nbsp; 4158295 |
| &nbsp;&nbsp;&nbsp; Jacksonville Public Educational Building Authority, RB, <br> (AGM), 7.00%, 08/01/46<br>| 1365 | &nbsp;&nbsp; 1485154 |
|  |  | &nbsp;&nbsp; 5643449 |
| **Alaska — 0.9%** | **Alaska — 0.9%** |  |
| &nbsp;&nbsp;&nbsp; Alaska Housing Finance Corp., RB, S/F Housing, <br> Series C, 6.25%, 12/01/53<sup>(a)</sup><br>| 8715 | &nbsp;&nbsp; 9162259 |
| **Arizona — 3.4%** | **Arizona — 3.4%** |  |
| &nbsp;&nbsp;&nbsp; Maricopa County Industrial Development Authority, RB, <br> 7.38%, 10/01/29<sup>(b)</sup><br>| 11540 | &nbsp;&nbsp; 12165888 |
| &nbsp;&nbsp;&nbsp; Salt River Project Agricultural Improvement & Power <br> District, RB, BAB, 4.84%, 01/01/41<sup>(a)</sup><br>| 24545 | &nbsp;&nbsp; 23599669 |
|  |  | &nbsp;&nbsp; 35765557 |
| **Arkansas — 0.8%** | **Arkansas — 0.8%** |  |
| &nbsp;&nbsp;&nbsp; Arkansas Development Finance Authority, RB, AMT, <br> Sustainability Bonds, 7.38%, 07/01/48<sup>(b)</sup><br>| 7400 | &nbsp;&nbsp; 8005872 |
| **California — 20.8%** | **California — 20.8%** |  |
| &nbsp;&nbsp;&nbsp; Alameda Corridor Transportation Authority, Refunding <br> RB, CAB<sup>(c)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, Senior Lien, 0.00%, 10/01/42 | 5000 | &nbsp;&nbsp; 1974948 |
| &nbsp;&nbsp;&nbsp; Series D, Subordinate, (AGM), 0.00%, 10/01/40 | 3775 | &nbsp;&nbsp; 1631908 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **California (continued)** | **California (continued)** |  |
| &nbsp;&nbsp;&nbsp; Alameda County Joint Powers Authority, RB, BAB, <br> Series A, 7.05%, 12/01/44<sup>(a)</sup><br>| 11000 | &nbsp;&nbsp; $12316382 |
| &nbsp;&nbsp;&nbsp; Bay Area Toll Authority, RB, BAB, Series S-3, 6.91%, <br> 10/01/50<br>| 14000 | &nbsp;&nbsp; 15729399 |
| &nbsp;&nbsp;&nbsp; California Infrastructure & Economic Development Bank, <br> RB, 5.50%, 01/01/38<sup>(b)</sup><br>| 4500 | &nbsp;&nbsp; 3948696 |
| &nbsp;&nbsp;&nbsp; California Infrastructure & Economic Development Bank, <br> Refunding RB, Class B, AMT, Sustainability Bonds, <br> 12.00%, 01/01/65<sup>(b)(d)</sup><br>| 3325 | &nbsp;&nbsp; 1762250 |
| &nbsp;&nbsp;&nbsp; California State Public Works Board, RB, BAB, <br> Series G-2, 8.36%, 10/01/34<sup>(a)</sup><br>| 17050 | &nbsp;&nbsp; 20075869 |
| &nbsp;&nbsp;&nbsp; California State University, Refunding RB, Series B, <br> 2.80%, 11/01/41<br>| 5000 | &nbsp;&nbsp; 3717497 |
| &nbsp;&nbsp;&nbsp; Cerritos Community College District, Refunding GO, <br> 3.00%, 08/01/38<br>| 1000 | &nbsp;&nbsp; 829308 |
| &nbsp;&nbsp;&nbsp; City & County of San Francisco California, COP, <br> Class A, 6.38%, 10/01/43<br>| 8480 | &nbsp;&nbsp; 8671812 |
| City of Chula Vista California, RB, 2.40%, 06/01/36 | 1275 | &nbsp;&nbsp; 1024945 |
| City of Huntington Beach California, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 3.28%, 06/15/40<sup>(a)</sup> | 6000 | &nbsp;&nbsp; 4903648 |
| &nbsp;&nbsp;&nbsp; 3.38%, 06/15/44 | 1500 | &nbsp;&nbsp; 1146738 |
| City of Orange California, RB, (BAM), 3.12%, 06/01/44 | 2000 | &nbsp;&nbsp; 1474587 |
| &nbsp;&nbsp;&nbsp; City of Riverside California, RB, Series A, (BAM-TCRS), <br> 3.86%, 06/01/45<br>| 1500 | &nbsp;&nbsp; 1319685 |
| &nbsp;&nbsp;&nbsp; County of Sonoma California, Refunding RB, Series A, <br> 6.00%, 12/01/29<sup>(a)</sup><br>| 7535 | &nbsp;&nbsp; 7803682 |
| &nbsp;&nbsp;&nbsp; Golden State Tobacco Securitization Corp., Refunding <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; (SAP), 3.12%, 06/01/38 | 9100 | &nbsp;&nbsp; 7579744 |
| &nbsp;&nbsp;&nbsp; Class B, (SAP), 3.29%, 06/01/42 | 500 | &nbsp;&nbsp; 389357 |
| &nbsp;&nbsp;&nbsp; Series A-1, 3.71%, 06/01/41 | 26275 | &nbsp;&nbsp; 20816169 |
| &nbsp;&nbsp;&nbsp; Series A-1, 4.21%, 06/01/50 | 22500 | &nbsp;&nbsp; 17040778 |
| &nbsp;&nbsp;&nbsp; Los Angeles Community College District, GO, BAB, <br> 6.60%, 08/01/42<br>| 10000 | &nbsp;&nbsp; 10800651 |
| &nbsp;&nbsp;&nbsp; Regents of the University of California Medical Center <br> Pooled Revenue, RB, BAB, Series H, 6.55%, <br> 05/15/48<br>| 5330 | &nbsp;&nbsp; 5655244 |
| &nbsp;&nbsp;&nbsp; San Diego County Regional Airport Authority, ARB, <br> Series B, 5.59%, 07/01/43<br>| 3570 | &nbsp;&nbsp; 3569719 |
| &nbsp;&nbsp;&nbsp; San Joaquin Hills Transportation Corridor Agency, <br> Refunding RB, Series B, (AGM), 3.49%, 01/15/50<br>| 7200 | &nbsp;&nbsp; 5455187 |
| State of California, GO, BAB<sup>(a)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 7.55%, 04/01/39 | 9035 | &nbsp;&nbsp; 10725201 |
| &nbsp;&nbsp;&nbsp; 7.35%, 11/01/39 | 5000 | &nbsp;&nbsp; 5768610 |
| &nbsp;&nbsp;&nbsp; 7.63%, 03/01/40 | 8950 | &nbsp;&nbsp; 10650953 |
| &nbsp;&nbsp;&nbsp; 7.60%, 11/01/40 | 15000 | &nbsp;&nbsp; 17992551 |
| State of California, Refunding GO<sup>(a)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.13%, 03/01/38 | 10010 | &nbsp;&nbsp; 10045875 |
| &nbsp;&nbsp;&nbsp; 5.88%, 10/01/41 | 5000 | &nbsp;&nbsp; 5232433 |
|  |  | &nbsp;&nbsp; 220053826 |
| **Colorado — 1.8%** | **Colorado — 1.8%** |  |
| &nbsp;&nbsp;&nbsp; Colorado Health Facilities Authority, Refunding RB, <br> Series B, 4.48%, 12/01/40<br>| 11885 | &nbsp;&nbsp; 10412034 |
| &nbsp;&nbsp;&nbsp; Colorado Housing and Finance Authority, RB, S/F <br> Housing, Series B-1, Class I, (GNMA), 6.25%, <br> 11/01/54<br>| 1760 | &nbsp;&nbsp; 1876435 |
| &nbsp;&nbsp;&nbsp; Denver City & County School District No. 1, Refunding <br> COP, Series B, 7.02%, 12/15/37<br>| 6000 | &nbsp;&nbsp; 6834469 |
|  |  | &nbsp;&nbsp; 19122938 |

---

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Taxable Municipal Bond Trust (BBN)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Connecticut — 1.7%** | **Connecticut — 1.7%** |  |
| &nbsp;&nbsp;&nbsp; Connecticut Housing Finance Authority, RB, S/F <br> Housing, Series E-1, Class T, Sustainability Bonds, <br> 5.37%, 11/15/44<sup>(a)</sup><br>| $6575 | &nbsp;&nbsp; $6311092 |
| &nbsp;&nbsp;&nbsp; Connecticut Housing Finance Authority, Refunding RB, <br> S/F Housing, Series A-2, Sustainability Bonds, <br> (FHLMC, FNMA, GNMA), 5.41%, 05/15/55<br>| 9675 | &nbsp;&nbsp; 9882061 |
| &nbsp;&nbsp;&nbsp; Connecticut State Health & Educational Facilities <br> Authority, Refunding RB, Series G-2, 4.25%, <br> 07/01/27<sup>(b)</sup><br>| 1545 | &nbsp;&nbsp; 1539981 |
|  |  | &nbsp;&nbsp; 17733134 |
| **District of Columbia — 1.8%** | **District of Columbia — 1.8%** |  |
| &nbsp;&nbsp;&nbsp; Metropolitan Washington Airports Authority Dulles Toll <br> Road Revenue, ARB, BAB, Series D, 8.00%, <br> 10/01/47<sup>(a)</sup><br>| 10750 | &nbsp;&nbsp; 13153025 |
| &nbsp;&nbsp;&nbsp; Metropolitan Washington Airports Authority Dulles Toll <br> Road Revenue, RB, BAB, 7.46%, 10/01/46<br>| 5000 | &nbsp;&nbsp; 5881607 |
|  |  | &nbsp;&nbsp; 19034632 |
| **Florida — 5.2%** | **Florida — 5.2%** |  |
| Capital Trust Agency, Inc., RB, 5.50%, 06/15/26<sup>(b)</sup> | 235 | &nbsp;&nbsp; 234151 |
| &nbsp;&nbsp;&nbsp; County of Miami-Dade Seaport Department, ARB, <br> 6.22%, 11/01/55<br>| 3295 | &nbsp;&nbsp; 3383515 |
| &nbsp;&nbsp;&nbsp; Florida Development Finance Corp., RB, Series D, <br> 5.75%, 12/15/26<sup>(b)</sup><br>| 650 | &nbsp;&nbsp; 617500 |
| Florida Development Finance Corp., Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Class B, 4.01%, 04/01/40 | 2500 | &nbsp;&nbsp; 2161094 |
| &nbsp;&nbsp;&nbsp; Series B, 4.11%, 04/01/50 | 5000 | &nbsp;&nbsp; 3979772 |
| &nbsp;&nbsp;&nbsp; AMT, 0.00%, 07/15/32<sup>(b)(e)</sup> | 1150 | &nbsp;&nbsp; 402500 |
| &nbsp;&nbsp;&nbsp; Miami-Dade County Educational Facilities Authority, <br> Refunding RB, Series B, 5.07%, 04/01/50<br>| 12250 | &nbsp;&nbsp; 11240377 |
| &nbsp;&nbsp;&nbsp; State Board of Administration Finance Corp., RB, <br> Series A, 5.53%, 07/01/34<sup>(a)</sup><br>| 18300 | &nbsp;&nbsp; 19175580 |
| &nbsp;&nbsp;&nbsp; Village Center Community Development District, <br> Refunding RB, 5.02%, 11/01/36<br>| 13500 | &nbsp;&nbsp; 13477443 |
|  |  | &nbsp;&nbsp; 54671932 |
| **Georgia — 5.6%** | **Georgia — 5.6%** |  |
| &nbsp;&nbsp;&nbsp; East Point Business & Industrial Development Authority, <br> RB, Series B, 5.25%, 06/15/31<sup>(b)(e)(f)</sup><br>| 860 | &nbsp;&nbsp; 516000 |
| &nbsp;&nbsp;&nbsp; Municipal Electric Authority of Georgia, Refunding RB, <br> BAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.64%, 04/01/57<sup>(a)</sup> | 24720 | &nbsp;&nbsp; 26500661 |
| &nbsp;&nbsp;&nbsp; 6.66%, 04/01/57 | 19972 | &nbsp;&nbsp; 21548709 |
| &nbsp;&nbsp;&nbsp; 7.06%, 04/01/57 | 9174 | &nbsp;&nbsp; 10142824 |
|  |  | &nbsp;&nbsp; 58708194 |
| **Hawaii — 0.7%** | **Hawaii — 0.7%** |  |
| State of Hawaii, GO, Series GK, 6.05%, 10/01/36 | 5000 | &nbsp;&nbsp; 5402719 |
| &nbsp;&nbsp;&nbsp; State of Hawaii, Refunding GO, Series GC, 2.37%, <br> 10/01/35<br>| 2500 | &nbsp;&nbsp; 2059539 |
|  |  | &nbsp;&nbsp; 7462258 |
| **Idaho — 1.6%** | **Idaho — 1.6%** |  |
| Idaho Housing & Finance Association, RB, S/F Housing |  |  |
| &nbsp;&nbsp;&nbsp; Series B, (FHLMC, FNMA, GNMA), 6.25%, 07/01/54 | 5470 | &nbsp;&nbsp; 5792058 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series E, (FHLMC, FNMA, GNMA), 6.06%, <br> 01/01/44<sup>(a)</sup><br>| 10010 | &nbsp;&nbsp; 10140670 |
| &nbsp;&nbsp;&nbsp; Idaho Housing & Finance Association, Refunding RB, <br> 8.00%, 03/01/39<sup>(b)</sup><br>| 600 | &nbsp;&nbsp; 601079 |
|  |  | &nbsp;&nbsp; 16533807 |
| **Illinois — 15.5%** | **Illinois — 15.5%** |  |
| Chicago Board of Education, GO, BAB |  |  |
| &nbsp;&nbsp;&nbsp; 6.04%, 12/01/29 | 8510 | &nbsp;&nbsp; 8399290 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Illinois (continued)** | **Illinois (continued)** |  |
| Chicago Board of Education, GO, BAB (continued) |  |  |
| &nbsp;&nbsp;&nbsp; 6.52%, 12/01/40 | 9745 | &nbsp;&nbsp; $9302872 |
| &nbsp;&nbsp;&nbsp; Chicago O'Hare International Airport, Refunding ARB, <br> BAB, Series B, 6.40%, 01/01/40<br>| 1500 | &nbsp;&nbsp; 1643166 |
| &nbsp;&nbsp;&nbsp; Chicago Transit Authority Sales & Transfer Tax Receipts <br> Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 6.90%, 12/01/40 | 7024 | &nbsp;&nbsp; 7843873 |
| &nbsp;&nbsp;&nbsp; Series B, 6.90%, 12/01/40 | 4311 | &nbsp;&nbsp; 4813412 |
| &nbsp;&nbsp;&nbsp; Chicago Transit Authority Sales Tax Receipts Fund, RB, <br> BAB, Series B, 6.20%, 12/01/40<sup>(a)</sup><br>| 15473 | &nbsp;&nbsp; 16349007 |
| &nbsp;&nbsp;&nbsp; City of Chicago Illinois Wastewater Transmission <br> Revenue, RB, BAB, Series B, 2nd Lien, 6.90%, <br> 01/01/40<sup>(a)</sup><br>| 36000 | &nbsp;&nbsp; 39360870 |
| &nbsp;&nbsp;&nbsp; City of Chicago Illinois Waterworks Revenue, RB, BAB, <br> Series B, 2nd Lien, 6.74%, 11/01/40<br>| 15250 | &nbsp;&nbsp; 16684418 |
| Illinois Finance Authority, RB, 6.69%, 07/01/33 | 2925 | &nbsp;&nbsp; 2980756 |
| Illinois Housing Development Authority, RB, S/F Housing |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series B, Sustainability Bonds, (FHLMC, FNMA, <br> GNMA), 5.88%, 10/01/49<br>| 3800 | &nbsp;&nbsp; 3762400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series F, Sustainability Bonds, (FHLMC, FNMA, <br> GNMA), 5.90%, 10/01/46<br>| 6790 | &nbsp;&nbsp; 6780958 |
| &nbsp;&nbsp;&nbsp; Illinois Municipal Electric Agency, RB, BAB, 7.29%, <br> 02/01/35<sup>(a)</sup><br>| 5425 | &nbsp;&nbsp; 5837834 |
| &nbsp;&nbsp;&nbsp; Northern Illinois Municipal Power Agency, RB, BAB, <br> 7.82%, 01/01/40<br>| 5000 | &nbsp;&nbsp; 5790641 |
| State of Illinois, GO, BAB |  |  |
| &nbsp;&nbsp;&nbsp; 6.63%, 02/01/35 | 1869 | &nbsp;&nbsp; 1957348 |
| &nbsp;&nbsp;&nbsp; 7.35%, 07/01/35<sup>(a)</sup> | 25611 | &nbsp;&nbsp; 27535447 |
| &nbsp;&nbsp;&nbsp; Series 3, 6.73%, 04/01/35<sup>(a)</sup> | 4862 | &nbsp;&nbsp; 5089739 |
|  |  | &nbsp;&nbsp; 164132031 |
| **Indiana — 1.5%** | **Indiana — 1.5%** |  |
| &nbsp;&nbsp;&nbsp; Indiana Finance Authority, RB, BAB, Series B, 6.60%, <br> 02/01/39<sup>(a)</sup><br>| 7900 | &nbsp;&nbsp; 8687703 |
| &nbsp;&nbsp;&nbsp; Indiana Municipal Power Agency, RB, BAB, Series A, <br> 5.59%, 01/01/42<br>| 7260 | &nbsp;&nbsp; 7071342 |
|  |  | &nbsp;&nbsp; 15759045 |
| **Kentucky — 0.9%** | **Kentucky — 0.9%** |  |
| Westvaco Corp., RB, 7.67%, 01/15/27<sup>(b)</sup> | 9400 | &nbsp;&nbsp; 9607076 |
| **Louisiana — 0.9%** | **Louisiana — 0.9%** |  |
| &nbsp;&nbsp;&nbsp; Louisiana Local Government Environmental Facilities & <br> Community Development Authority, RB, Series A-3, <br> 5.20%, 12/01/39<sup>(a)</sup><br>| 9750 | &nbsp;&nbsp; 9913652 |
| **Maryland — 2.6%** | **Maryland — 2.6%** |  |
| &nbsp;&nbsp;&nbsp; Maryland Community Development Administration, RB, <br> S/F Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series F, Sustainability Bonds, (FHLMC, FNMA, <br> GNMA), 6.15%, 09/01/38<br>| 5000 | &nbsp;&nbsp; 5195234 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series F, Sustainability Bonds, (FHLMC, FNMA, <br> GNMA), 6.23%, 09/01/43<br>| 10000 | &nbsp;&nbsp; 10184481 |
| Maryland Economic Development Corp., RB |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 04/01/34 | 9090 | &nbsp;&nbsp; 6725715 |
| &nbsp;&nbsp;&nbsp; Sustainability Bonds, 5.94%, 05/31/57 | 5000 | &nbsp;&nbsp; 5015044 |
| &nbsp;&nbsp;&nbsp; Maryland Health & Higher Educational Facilities <br> Authority, RB, Series B, 6.25%, 03/01/27<sup>(b)</sup><br>| 255 | &nbsp;&nbsp; 253275 |
|  |  | &nbsp;&nbsp; 27373749 |
| **Massachusetts — 6.8%** | **Massachusetts — 6.8%** |  |
| &nbsp;&nbsp;&nbsp; Commonwealth of Massachusetts Transportation Fund <br> Revenue, RB, BAB, 5.73%, 06/01/40<sup>(a)</sup><br>| 5000 | &nbsp;&nbsp; 5181104 |
| Massachusetts Educational Financing Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 3.61%, 07/01/36 | 8465 | &nbsp;&nbsp; 7662944 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Taxable Municipal Bond Trust (BBN)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Massachusetts (continued)** | **Massachusetts (continued)** |  |
| &nbsp;&nbsp;&nbsp; Massachusetts Educational Financing Authority, <br> RB (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.95%, 07/01/44 | 13695 | &nbsp;&nbsp; $14017136 |
| &nbsp;&nbsp;&nbsp; Series A, 6.17%, 07/01/50 | 15000 | &nbsp;&nbsp; 15388476 |
| &nbsp;&nbsp;&nbsp; Massachusetts Educational Financing Authority, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.95%, 07/01/38 | 13355 | &nbsp;&nbsp; 12899823 |
| &nbsp;&nbsp;&nbsp; Series A, 6.35%, 07/01/49 | 8885 | &nbsp;&nbsp; 9221631 |
| &nbsp;&nbsp;&nbsp; Massachusetts Housing Finance Agency, RB, S/F <br> Housing, Series 226, Sustainability Bonds, (FHLMC, <br> FNMA, GNMA), 5.84%, 12/01/42<br>| 3170 | &nbsp;&nbsp; 3187813 |
| &nbsp;&nbsp;&nbsp; Massachusetts Port Authority, Refunding RB, Series C, <br> 2.72%, 07/01/42<br>| 5055 | &nbsp;&nbsp; 3840494 |
|  |  | &nbsp;&nbsp; 71399421 |
| **Michigan — 4.2%** | **Michigan — 4.2%** |  |
| Michigan Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 6.38%, 06/01/33<sup>(b)(e)</sup> | 1000 | &nbsp;&nbsp; 480000 |
| &nbsp;&nbsp;&nbsp; Series D, 5.02%, 11/01/43 | 7500 | &nbsp;&nbsp; 7185548 |
| &nbsp;&nbsp;&nbsp; Michigan Finance Authority, Refunding RB, CAB, <br> Series B, 0.00%, 06/01/45<sup>(c)</sup><br>| 50000 | &nbsp;&nbsp; 13321280 |
| &nbsp;&nbsp;&nbsp; Michigan State Housing Development Authority, RB, S/F <br> Housing, Series B, Sustainability Bonds, 5.77%, <br> 12/01/44<br>| 3125 | &nbsp;&nbsp; 3098114 |
| &nbsp;&nbsp;&nbsp; Michigan State University, RB, BAB, Series A, 6.17%, <br> 02/15/50<sup>(a)</sup><br>| 5500 | &nbsp;&nbsp; 5637296 |
| &nbsp;&nbsp;&nbsp; Michigan State University, Refunding RB, Series A, <br> 4.50%, 08/15/48<sup>(a)</sup><br>| 14575 | &nbsp;&nbsp; 13250047 |
| &nbsp;&nbsp;&nbsp; Western Michigan University, Refunding RB, Series B, <br> (AGM), 2.88%, 11/15/43<br>| 1500 | &nbsp;&nbsp; 1135782 |
|  |  | &nbsp;&nbsp; 44108067 |
| **Minnesota — 1.8%** | **Minnesota — 1.8%** |  |
| &nbsp;&nbsp;&nbsp; Minnesota Housing Finance Agency, RB, S/F Housing, <br> Series P, Sustainability Bonds, (FHLMC, FNMA, <br> GNMA), 5.79%, 07/01/44<br>| 3000 | &nbsp;&nbsp; 3018118 |
| &nbsp;&nbsp;&nbsp; Southern Minnesota Municipal Power Agency, <br> Refunding RB, BAB, Series A, 5.93%, 01/01/43<br>| 8000 | &nbsp;&nbsp; 8166280 |
| &nbsp;&nbsp;&nbsp; Western Minnesota Municipal Power Agency, RB, BAB, <br> 6.77%, 01/01/46<br>| 5000 | &nbsp;&nbsp; 5423870 |
| &nbsp;&nbsp;&nbsp; Western Minnesota Municipal Power Agency, Refunding <br> RB, Series A, 3.23%, 01/01/46<br>| 3000 | &nbsp;&nbsp; 2286296 |
|  |  | &nbsp;&nbsp; 18894564 |
| **Missouri — 1.9%** | **Missouri — 1.9%** |  |
| &nbsp;&nbsp;&nbsp; Curators of the University of Missouri, RB, BAB, 5.79%, <br> 11/01/41<br>| 7000 | &nbsp;&nbsp; 7120785 |
| &nbsp;&nbsp;&nbsp; Missouri Joint Municipal Electric Utility Commission, RB, <br> BAB, 7.73%, 01/01/39<br>| 11000 | &nbsp;&nbsp; 13025343 |
|  |  | &nbsp;&nbsp; 20146128 |
| **Nevada — 0.8%** | **Nevada — 0.8%** |  |
| &nbsp;&nbsp;&nbsp; County of Clark Department of Aviation, ARB, BAB, <br> Series C, 6.82%, 07/01/45<br>| 2000 | &nbsp;&nbsp; 2213103 |
| &nbsp;&nbsp;&nbsp; Nevada Housing Division, RB, S/F Housing, Series F, <br> (FHLMC, FNMA, GNMA), 5.52%, 10/01/44<br>| 6485 | &nbsp;&nbsp; 6296517 |
|  |  | &nbsp;&nbsp; 8509620 |
| **New Hampshire — 2.6%** | **New Hampshire — 2.6%** |  |
| &nbsp;&nbsp;&nbsp; New Hampshire Business Finance Authority, RB, 3.78%, <br> 01/01/36<br>| 2490 | &nbsp;&nbsp; 1832590 |
| &nbsp;&nbsp;&nbsp; New Hampshire Business Finance Authority, Refunding <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.30%, 04/01/32 | 12895 | &nbsp;&nbsp; 9416725 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **New Hampshire (continued)** | **New Hampshire (continued)** |  |
| &nbsp;&nbsp;&nbsp; New Hampshire Business Finance Authority, Refunding <br> RB (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.87%, 07/01/35 | 4655 | &nbsp;&nbsp; $3342377 |
| &nbsp;&nbsp;&nbsp; Series A, 6.89%, 04/01/34<sup>(b)</sup> | 8835 | &nbsp;&nbsp; 9237995 |
| &nbsp;&nbsp;&nbsp; New Hampshire Health and Education Facilities <br> Authority Act, RB, Class A, 5.04%, 11/01/34<br>| 4130 | &nbsp;&nbsp; 4132359 |
|  |  | &nbsp;&nbsp; 27962046 |
| **New Jersey — 8.0%** | **New Jersey — 8.0%** |  |
| New Jersey Economic Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, (NPFGC), 7.43%, 02/15/29 | 15535 | &nbsp;&nbsp; 16293571 |
| &nbsp;&nbsp;&nbsp; Series B, 7.00%, 06/15/30<sup>(b)</sup> | 2625 | &nbsp;&nbsp; 2625903 |
| &nbsp;&nbsp;&nbsp; New Jersey Educational Facilities Authority, Refunding <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; (AGM), 3.51%, 07/01/42 | 6000 | &nbsp;&nbsp; 4887777 |
| &nbsp;&nbsp;&nbsp; (AGM), 3.61%, 07/01/50 | 1500 | &nbsp;&nbsp; 1097931 |
| &nbsp;&nbsp;&nbsp; New Jersey Institute of Technology, Refunding RB, <br> Series B, 3.42%, 07/01/42<sup>(a)</sup><br>| 7500 | &nbsp;&nbsp; 6091742 |
| &nbsp;&nbsp;&nbsp; New Jersey Transportation Trust Fund Authority, <br> Refunding RB, 4.08%, 06/15/39<br>| 7230 | &nbsp;&nbsp; 6572990 |
| New Jersey Turnpike Authority, RB, BAB<sup>(a)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 7.10%, 01/01/41 | 34000 | &nbsp;&nbsp; 39224301 |
| &nbsp;&nbsp;&nbsp; Series F, 7.41%, 01/01/40 | 6790 | &nbsp;&nbsp; 8025950 |
|  |  | &nbsp;&nbsp; 84820165 |
| **New York — 11.3%** | **New York — 11.3%** |  |
| City of New York, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series H, 6.29%, 02/01/45 | 7260 | &nbsp;&nbsp; 7554579 |
| &nbsp;&nbsp;&nbsp; Series D-1, Sustainability Bonds, 5.11%, 10/01/54 | 3930 | &nbsp;&nbsp; 3589811 |
| City of New York, Refunding GO |  |  |
| &nbsp;&nbsp;&nbsp; Series D, 2.17%, 08/01/34<sup>(g)</sup> | 4305 | &nbsp;&nbsp; 3592294 |
| &nbsp;&nbsp;&nbsp; Series D, 2.17%, 08/01/34 | 2980 | &nbsp;&nbsp; 2466305 |
| &nbsp;&nbsp;&nbsp; Metropolitan Transportation Authority Dedicated Tax <br> Fund, RB, BAB, 7.34%, 11/15/39<sup>(a)</sup><br>| 11620 | &nbsp;&nbsp; 13464525 |
| Metropolitan Transportation Authority, RB, BAB |  |  |
| &nbsp;&nbsp;&nbsp; 6.67%, 11/15/39 | 2220 | &nbsp;&nbsp; 2371356 |
| &nbsp;&nbsp;&nbsp; Series TR, 6.69%, 11/15/40 | 19705 | &nbsp;&nbsp; 21259900 |
| &nbsp;&nbsp;&nbsp; Metropolitan Transportation Authority, Refunding RB, <br> Series C2, Sustainability Bonds, 5.18%, 11/15/49<br>| 340 | &nbsp;&nbsp; 317218 |
| &nbsp;&nbsp;&nbsp; New York City Housing Development Corp., RB, M/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; Sustainability Bonds, 3.10%, 11/01/45 | 1310 | &nbsp;&nbsp; 943623 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series D, Sustainability Bonds, (HUD SECT 8), <br> 5.40%, 08/01/49<sup>(a)</sup><br>| 6550 | &nbsp;&nbsp; 6243573 |
| &nbsp;&nbsp;&nbsp; New York City Municipal Water Finance Authority, RB, <br> BAB, 5.95%, 06/15/42<br>| 5000 | &nbsp;&nbsp; 5122109 |
| &nbsp;&nbsp;&nbsp; New York City Municipal Water Finance Authority, <br> Refunding RB, 5.88%, 06/15/44<sup>(a)</sup><br>| 7590 | &nbsp;&nbsp; 7636527 |
| &nbsp;&nbsp;&nbsp; New York State Dormitory Authority, RB, Series B, <br> 5.99%, 07/01/45<br>| 5145 | &nbsp;&nbsp; 5303847 |
| &nbsp;&nbsp;&nbsp; New York State Dormitory Authority, RB, BAB, Series H, <br> 5.39%, 03/15/40<sup>(a)</sup><br>| 15000 | &nbsp;&nbsp; 14936412 |
| New York State Dormitory Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 2.99%, 07/01/40 | 7090 | &nbsp;&nbsp; 5723289 |
| &nbsp;&nbsp;&nbsp; Class B, 2.69%, 07/01/40 | 3000 | &nbsp;&nbsp; 2284655 |
| &nbsp;&nbsp;&nbsp; Port Authority of New York & New Jersey, RB, 5.65%, <br> 11/01/40<br>| 2115 | &nbsp;&nbsp; 2210879 |
| Triborough Bridge & Tunnel Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A-3, 2.51%, 05/15/35<sup>(a)</sup> | 10390 | &nbsp;&nbsp; 8735925 |

---

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Taxable Municipal Bond Trust (BBN)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **New York (continued)** | **New York (continued)** |  |
| &nbsp;&nbsp;&nbsp; Triborough Bridge & Tunnel Authority, Refunding <br> RB (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-3, 2.92%, 05/15/40 | 3000 | &nbsp;&nbsp; $2337846 |
| &nbsp;&nbsp;&nbsp; United Nations Development Corp., Refunding RB, <br> Series A, 6.54%, 08/01/55<br>| 3400 | &nbsp;&nbsp; 3588537 |
|  |  | &nbsp;&nbsp; 119683210 |
| **North Carolina — 0.6%** | **North Carolina — 0.6%** |  |
| &nbsp;&nbsp;&nbsp; North Carolina Housing Finance Agency, RB, S/F <br> Housing, Series 53-B, Sustainability Bonds, (FHLMC, <br> FNMA, GNMA), 6.25%, 01/01/55<br>| 6535 | &nbsp;&nbsp; 6846299 |
| **Ohio — 3.5%** | **Ohio — 3.5%** |  |
| &nbsp;&nbsp;&nbsp; American Municipal Power, Inc., RB, Series B, 7.83%, <br> 02/15/41<sup>(a)</sup><br>| 20760 | &nbsp;&nbsp; 25067712 |
| Ohio University, RB, 5.59%, 12/01/2114 | 10100 | &nbsp;&nbsp; 9253374 |
| State of Ohio, Refunding RB, 3.28%, 01/01/42 | 3000 | &nbsp;&nbsp; 2539727 |
|  |  | &nbsp;&nbsp; 36860813 |
| **Oklahoma — 1.5%** | **Oklahoma — 1.5%** |  |
| Oklahoma Development Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A-3, 5.09%, 02/01/52<sup>(a)</sup> | 6750 | &nbsp;&nbsp; 6461125 |
| &nbsp;&nbsp;&nbsp; Series A-3, 4.71%, 05/01/52 | 3695 | &nbsp;&nbsp; 3374433 |
| &nbsp;&nbsp;&nbsp; Series B, 11.00%, 09/01/41<sup>(b)</sup> | 2900 | &nbsp;&nbsp; 2707363 |
| &nbsp;&nbsp;&nbsp; Oklahoma Municipal Power Authority, RB, BAB, 6.44%, <br> 01/01/45<br>| 3500 | &nbsp;&nbsp; 3680179 |
|  |  | &nbsp;&nbsp; 16223100 |
| **Pennsylvania — 3.5%** | **Pennsylvania — 3.5%** |  |
| Commonwealth Financing Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.14%, 06/01/38 | 4435 | &nbsp;&nbsp; 4152119 |
| &nbsp;&nbsp;&nbsp; Series A, 3.81%, 06/01/41 | 6110 | &nbsp;&nbsp; 5249919 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Economic Development Financing <br> Authority, RB, BAB, Series B, 6.53%, 06/15/39<sup>(a)</sup><br>| 23050 | &nbsp;&nbsp; 25019203 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Turnpike Commission, Refunding RB, <br> Series 1, 3.58%, 12/01/43<br>| 3630 | &nbsp;&nbsp; 2967389 |
|  |  | &nbsp;&nbsp; 37388630 |
| **Puerto Rico — 1.5%** | **Puerto Rico — 1.5%** |  |
| &nbsp;&nbsp;&nbsp; Puerto Rico Sales Tax Financing Corp., Sales Tax <br> Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 5.00%, 07/01/58 | 3465 | &nbsp;&nbsp; 3293992 |
| &nbsp;&nbsp;&nbsp; Series A-2, Restructured, 4.55%, 07/01/40 | 14899 | &nbsp;&nbsp; 12921569 |
|  |  | &nbsp;&nbsp; 16215561 |
| **South Carolina — 2.4%** | **South Carolina — 2.4%** |  |
| &nbsp;&nbsp;&nbsp; South Carolina Jobs-Economic Development Authority, <br> RB, 7.35%, 08/15/30<sup>(b)</sup><br>| 710 | &nbsp;&nbsp; 699288 |
| &nbsp;&nbsp;&nbsp; South Carolina Public Service Authority, RB, BAB, <br> Series C, (AGM-CR), 6.45%, 01/01/50<sup>(a)</sup><br>| 11290 | &nbsp;&nbsp; 12073756 |
| South Carolina Public Service Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series C, 5.78%, 12/01/41 | 4595 | &nbsp;&nbsp; 4795678 |
| &nbsp;&nbsp;&nbsp; Series D, (AGM), 6.45%, 12/01/42 | 2870 | &nbsp;&nbsp; 3214655 |
| South Carolina Student Loan Corp., RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.13%, 12/01/36 | 1835 | &nbsp;&nbsp; 1823325 |
| &nbsp;&nbsp;&nbsp; Series A, 3.59%, 12/01/39 | 3265 | &nbsp;&nbsp; 3209217 |
|  |  | &nbsp;&nbsp; 25815919 |
| **Tennessee — 5.0%** | **Tennessee — 5.0%** |  |
| &nbsp;&nbsp;&nbsp; Memphis-Shelby County Industrial Development Board, <br> Refunding TA, Series B, 5.45%, 07/01/45<br>| 5875 | &nbsp;&nbsp; 4436969 |
| &nbsp;&nbsp;&nbsp; Metropolitan Government of Nashville & Davidson <br> County Convention Center Authority, RB, BAB, <br> Series A-2, 7.43%, 07/01/43<sup>(a)</sup><br>| 35105 | &nbsp;&nbsp; 39444884 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Tennessee (continued)** | **Tennessee (continued)** |  |
| &nbsp;&nbsp;&nbsp; Tennessee Housing Development Agency, RB, S/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series 1B, Sustainability Bonds, 5.92%, 07/01/49 | 540 | &nbsp;&nbsp; $540054 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 2B, Sustainability Bonds, (FHLMC, FNMA, <br> GNMA), 5.91%, 07/01/44<br>| 5000 | &nbsp;&nbsp; 5076871 |
| &nbsp;&nbsp;&nbsp; Tennessee State School Bond Authority, Refunding RB, <br> Series A, 2.56%, 11/01/41<sup>(a)</sup><br>| 4525 | &nbsp;&nbsp; 3424379 |
|  |  | &nbsp;&nbsp; 52923157 |
| **Texas — 9.0%** | **Texas — 9.0%** |  |
| &nbsp;&nbsp;&nbsp; Alamo Regional Mobility Authority, Refunding RB, <br> Series B, 3.28%, 06/15/46<br>| 5910 | &nbsp;&nbsp; 4325646 |
| Arlington Higher Education Finance Corp., RB<sup>(b)(e)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 04/01/30 | 500 | &nbsp;&nbsp; 250000 |
| &nbsp;&nbsp;&nbsp; 6.50%, 11/01/32 | 1280 | &nbsp;&nbsp; 768000 |
| &nbsp;&nbsp;&nbsp; Arlington Higher Education Finance Corp., Refunding <br> RB, Series B, 4.00%, 08/15/28<br>| 765 | &nbsp;&nbsp; 741422 |
| &nbsp;&nbsp;&nbsp; City of San Antonio Texas Customer Facility Charge <br> Revenue, ARB, 5.87%, 07/01/45<br>| 7500 | &nbsp;&nbsp; 7288069 |
| &nbsp;&nbsp;&nbsp; City of San Antonio Texas Electric & Gas Systems <br> Revenue, Refunding RB, Series A, 5.47%, 02/01/45<br>| 12500 | &nbsp;&nbsp; 12526709 |
| Dallas Area Rapid Transit, RB, BAB, 5.02%, 12/01/48 | 2500 | &nbsp;&nbsp; 2308237 |
| &nbsp;&nbsp;&nbsp; Hidalgo County Regional Mobility Authority, Refunding <br> RB, Series B, (AGM), 2.91%, 12/01/40<br>| 5000 | &nbsp;&nbsp; 3892669 |
| &nbsp;&nbsp;&nbsp; Metropolitan Transit Authority of Harris County Sales & <br> Use Tax Revenue, Refunding RB, Series A, 2.99%, <br> 11/01/41<br>| 4750 | &nbsp;&nbsp; 3729962 |
| &nbsp;&nbsp;&nbsp; New Caney Independent School District, Refunding GO, <br> (PSF), 2.40%, 02/15/42<sup>(a)</sup><br>| 7025 | &nbsp;&nbsp; 5045836 |
| &nbsp;&nbsp;&nbsp; New Hope Higher Education Finance Corp., RB, <br> Series B, 5.00%, 06/15/27<sup>(b)</sup><br>| 265 | &nbsp;&nbsp; 261869 |
| &nbsp;&nbsp;&nbsp; Port of Beaumont Industrial Development Authority, RB, <br> 4.10%, 01/01/28<sup>(b)</sup><br>| 8285 | &nbsp;&nbsp; 7532001 |
| &nbsp;&nbsp;&nbsp; Port of Beaumont Navigation District, Refunding ARB, <br> Series B, 10.00%, 07/01/26<sup>(b)</sup><br>| 10000 | &nbsp;&nbsp; 10008505 |
| &nbsp;&nbsp;&nbsp; Rockwall Independent School District, Refunding GO, <br> (PSF), 2.38%, 02/15/46<br>| 5000 | &nbsp;&nbsp; 3317982 |
| &nbsp;&nbsp;&nbsp; Texas Natural Gas Securitization Finance Corp., RB, <br> Series 2023-1, Class A2, 5.17%, 04/01/41<sup>(a)</sup><br>| 10000 | &nbsp;&nbsp; 10127821 |
| &nbsp;&nbsp;&nbsp; Texas Private Activity Bond Surface Transportation <br> Corp., RB, Series B, 3.92%, 12/31/49<br>| 25000 | &nbsp;&nbsp; 19929190 |
| &nbsp;&nbsp;&nbsp; United Independent School District, Refunding GO, <br> (PSF), 2.85%, 08/15/44<br>| 3885 | &nbsp;&nbsp; 2848682 |
|  |  | &nbsp;&nbsp; 94902600 |
| **Utah — 0.4%** | **Utah — 0.4%** |  |
| Utah Housing Corp., RB, S/F Housing |  |  |
| &nbsp;&nbsp;&nbsp; Series D, (FHLMC, FNMA, GNMA), 6.25%, 07/01/54 | 2700 | &nbsp;&nbsp; 2856068 |
| &nbsp;&nbsp;&nbsp; Series I, (FHLMC, FNMA, GNMA), 5.96%, 07/01/45 | 875 | &nbsp;&nbsp; 880773 |
|  |  | &nbsp;&nbsp; 3736841 |
| **Virginia — 4.0%** | **Virginia — 4.0%** |  |
| &nbsp;&nbsp;&nbsp; Tobacco Settlement Financing Corp., Refunding RB, <br> Series A-1, 6.71%, 06/01/46<br>| 28655 | &nbsp;&nbsp; 22318918 |
| &nbsp;&nbsp;&nbsp; Virginia Housing Development Authority, RB, M/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series C, 3.33%, 04/01/40 | 5000 | &nbsp;&nbsp; 4189840 |
| &nbsp;&nbsp;&nbsp; Series D, 3.52%, 06/01/40 | 4000 | &nbsp;&nbsp; 3430309 |
| &nbsp;&nbsp;&nbsp; Series F, (HUD SECT 8), 3.13%, 07/01/45 | 3425 | &nbsp;&nbsp; 2519661 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Taxable Municipal Bond Trust (BBN)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Virginia (continued)** | **Virginia (continued)** |  |
| &nbsp;&nbsp;&nbsp; Virginia Housing Development Authority, RB, S/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.57%, 10/01/49 | 5845 | &nbsp;&nbsp; $5738052 |
| &nbsp;&nbsp;&nbsp; Series E, 5.82%, 07/01/44<sup>(a)</sup> | 3670 | &nbsp;&nbsp; 3699770 |
|  |  | &nbsp;&nbsp; 41896550 |
| **Washington — 1.8%** | **Washington — 1.8%** |  |
| &nbsp;&nbsp;&nbsp; Washington State Convention Center Public Facilities <br> District, RB, BAB, 6.79%, 07/01/40<br>| 17800 | &nbsp;&nbsp; 19121015 |
| **West Virginia — 1.5%** | **West Virginia — 1.5%** |  |
| &nbsp;&nbsp;&nbsp; Tobacco Settlement Finance Authority, RB, Series B, <br> 0.00%, 06/01/47<sup>(c)</sup><br>| 1600 | &nbsp;&nbsp; 148366 |
| Tobacco Settlement Finance Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, Class 1, 4.31%, 06/01/49 | 10000 | &nbsp;&nbsp; 7388060 |
| &nbsp;&nbsp;&nbsp; Series B, Class 2, 4.88%, 06/01/49 | 8030 | &nbsp;&nbsp; 7878429 |
|  |  | &nbsp;&nbsp; 15414855 |
| **Wisconsin**<sup>(b)</sup> **— 0.9%** | **Wisconsin**<sup>(b)</sup> **— 0.9%** |  |
| Public Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 06/15/28 | 250 | &nbsp;&nbsp; 245026 |
| &nbsp;&nbsp;&nbsp; 5.25%, 01/01/31 | 845 | &nbsp;&nbsp; 769818 |
| &nbsp;&nbsp;&nbsp; Series B, Class S, 5.25%, 06/15/26 | 50 | &nbsp;&nbsp; 49923 |
| &nbsp;&nbsp;&nbsp; Public Finance Authority, RB, M/F Housing, 6.70%, <br> 02/01/55<br>| 7550 | &nbsp;&nbsp; 7574133 |
| &nbsp;&nbsp;&nbsp; Public Finance Authority, Refunding RB, Series B, <br> 6.13%, 10/01/49<br>| 1470 | &nbsp;&nbsp; 1269582 |
|  |  | &nbsp;&nbsp; 9908482 |
| **Total Municipal Bonds — 139.2%** <br>**(Cost: $1,451,047,834)** | **Total Municipal Bonds — 139.2%** <br>**(Cost: $1,451,047,834)** | &nbsp;&nbsp; 1471460454 |

---

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

---

| | | |
|:---|:---|:---|
|  | <br>*Shares*<br>|  |
| **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>(f)(h)</sup><br>| 27664 | &nbsp;&nbsp; 45646 |
| **Total Warrants — 0.0%** <br>**(Cost: $—)** | **Total Warrants — 0.0%** <br>**(Cost: $—)** | &nbsp;&nbsp; 45646 |
| **Total Long-Term Investments — 150.4%** <br>**(Cost: $1,577,026,226)** | **Total Long-Term Investments — 150.4%** <br>**(Cost: $1,577,026,226)** | &nbsp;&nbsp; 1590325277 |

---

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 0.5%** | **Money Market Funds — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; BlackRock Liquidity Funds, T-Fund, Institutional Shares, <br> 3.55%<sup>(i)(j)</sup><br>| 4989151 | &nbsp;&nbsp; $4989151 |
| **Total Short-Term Securities — 0.5%** <br>**(Cost: $4,989,151)** | **Total Short-Term Securities — 0.5%** <br>**(Cost: $4,989,151)** | &nbsp;&nbsp; 4989151 |
| **Total Investments — 150.9%** <br>**(Cost: $1,582,015,377)** | **Total Investments — 150.9%** <br>**(Cost: $1,582,015,377)** | &nbsp;&nbsp; 1595314428 |
| **Liabilities in Excess of Other Assets — (50.9)%** | **Liabilities in Excess of Other Assets — (50.9)%** | &nbsp;&nbsp; (537827714)<br>|
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | &nbsp;&nbsp; $1057486714 |

---

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

<sup>(a)</sup> All or a portion of the security has been pledged as collateral in connection with outstanding reverse repurchase agreements. 

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

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

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

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

<sup>(i)</sup> Affiliate of the Trust.

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

**Affiliates**

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

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at* <br>*12/31/25*<br>| *Purchases* <br>*at Cost*<br>| *Net* <br>*Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*03/31/26*<br>| *Shares* <br>*Held at* <br>*03/31/26*<br>| *Income* | *Capital Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| BlackRock Liquidity Funds, T-Fund, Institutional Shares | $5826343 | $—<br> $(837192 )<sup>(a)</sup><br>| &nbsp;&nbsp; $— | $— | $4989151 | 4989151 | $84494 | $— |

---

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

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

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Taxable Municipal Bond Trust (BBN)** 

**Reverse Repurchase Agreements** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| *Counterparty* | *Interest* <br>*Rate*<br>| &nbsp;&nbsp; *Trade* <br>*Date*<br>| &nbsp;&nbsp; *Maturity* <br>*Date*<sup>(a)</sup> <br>| *Face Value* | &nbsp;&nbsp; *Face Value* <br>*Including* <br>*Accrued Interest*<br>| &nbsp;&nbsp; *Type of Non-Cash Underlying* <br> *Collateral*<br>| &nbsp;&nbsp; *Remaining* <br>*Contractual Maturity* <br>*of the Agreements*<sup>(a)</sup> <br>|
| Barclays Bank PLC | 3.84 %<sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; $8721212 | &nbsp;&nbsp;&nbsp; $9051238 | Municipal Bonds | Open/Demand |
| Barclays Bank PLC | 3.85 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 4575000 | &nbsp;&nbsp;&nbsp; 4748532 | Municipal Bonds | Open/Demand |
| Barclays Bank PLC | 3.85 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 13106250 | &nbsp;&nbsp;&nbsp; 13603377 | Municipal Bonds | Open/Demand |
| Barclays Bank PLC | 3.85 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 7375637 | &nbsp;&nbsp;&nbsp; 7655400 | Municipal Bonds | Open/Demand |
| Barclays Bank PLC | 3.85 | 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 25434856 | &nbsp;&nbsp;&nbsp; 26399614 | Municipal Bonds | Open/Demand |
| Barclays Bank PLC | 3.85 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 5880938 | &nbsp;&nbsp;&nbsp; 6104005 | Municipal Bonds | Open/Demand |
| RBC Capital Markets, LLC | 3.95 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 17865375 | &nbsp;&nbsp;&nbsp; 18547535 | Municipal Bonds | Open/Demand |
| RBC Capital Markets, LLC | 3.95 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 15193750 | &nbsp;&nbsp;&nbsp; 15773898 | Municipal Bonds | Open/Demand |
| RBC Capital Markets, LLC | 3.95 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 17573750 | &nbsp;&nbsp;&nbsp; 18244774 | Municipal Bonds | Open/Demand |
| RBC Capital Markets, LLC | 3.95 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 38160000 | &nbsp;&nbsp;&nbsp; 39617076 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.82 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 4775000 | &nbsp;&nbsp;&nbsp; 4952765 | Corporate Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 10113500 | &nbsp;&nbsp;&nbsp; 10495459 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 7945000 | &nbsp;&nbsp;&nbsp; 8245061 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 38308331 | &nbsp;&nbsp;&nbsp; 39740531 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 7409737 | &nbsp;&nbsp;&nbsp; 7686759 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 18551250 | &nbsp;&nbsp;&nbsp; 19251879 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 15994981 | &nbsp;&nbsp;&nbsp; 16599067 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 3527788 | &nbsp;&nbsp;&nbsp; 3661214 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 6743344 | &nbsp;&nbsp;&nbsp; 6998021 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 6562188 | &nbsp;&nbsp;&nbsp; 6810023 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 1515000 | &nbsp;&nbsp;&nbsp; 1572217 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 16912500 | &nbsp;&nbsp;&nbsp; 17551238 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 10209550 | &nbsp;&nbsp;&nbsp; 10592913 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 5901063 | &nbsp;&nbsp;&nbsp; 6124251 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 8324625 | &nbsp;&nbsp;&nbsp; 8639476 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 4359713 | &nbsp;&nbsp;&nbsp; 4524367 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 19202562 | &nbsp;&nbsp;&nbsp; 19927790 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 12811050 | &nbsp;&nbsp;&nbsp; 13294888 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 10387500 | &nbsp;&nbsp;&nbsp; 10779807 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 11852500 | &nbsp;&nbsp;&nbsp; 12300781 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 5431250 | &nbsp;&nbsp;&nbsp; 5636669 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 9506250 | &nbsp;&nbsp;&nbsp; 9869415 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 05/16/25 | Open | &nbsp;&nbsp;&nbsp; 12224781 | &nbsp;&nbsp;&nbsp; 12688474 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 | 05/29/25 | Open | &nbsp;&nbsp;&nbsp; 15342400 | &nbsp;&nbsp;&nbsp; 15891062 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 06/26/25 | Open | &nbsp;&nbsp;&nbsp; 8182125 | &nbsp;&nbsp;&nbsp; 8449612 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 09/09/25 | Open | &nbsp;&nbsp;&nbsp; 9962500 | &nbsp;&nbsp;&nbsp; 10192717 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 09/10/25 | Open | &nbsp;&nbsp;&nbsp; 5093750 | &nbsp;&nbsp;&nbsp; 5210807 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 09/18/25 | Open | &nbsp;&nbsp;&nbsp; 6107875 | &nbsp;&nbsp;&nbsp; 6241994 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 09/18/25 | Open | &nbsp;&nbsp;&nbsp; 5737500 | &nbsp;&nbsp;&nbsp; 5864052 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 09/24/25 | Open | &nbsp;&nbsp;&nbsp; 6580700 | &nbsp;&nbsp;&nbsp; 6719882 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 09/30/25 | Open | &nbsp;&nbsp;&nbsp; 3218406 | &nbsp;&nbsp;&nbsp; 3284142 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 11/03/25 | Open | &nbsp;&nbsp;&nbsp; 4688213 | &nbsp;&nbsp;&nbsp; 4764708 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 11/03/25 | Open | &nbsp;&nbsp;&nbsp; 4794563 | &nbsp;&nbsp;&nbsp; 4872894 | Municipal Bonds | Open/Demand |
| RBC Capital Markets, LLC | 3.95 | 11/06/25 | Open | &nbsp;&nbsp;&nbsp; 694025 | &nbsp;&nbsp;&nbsp; 705302 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 12/01/25 | Open | &nbsp;&nbsp;&nbsp; 8671425 | &nbsp;&nbsp;&nbsp; 8785442 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 12/01/25 | Open | &nbsp;&nbsp;&nbsp; 6436363 | &nbsp;&nbsp;&nbsp; 6520992 | Municipal Bonds | Open/Demand |
| RBC Capital Markets, LLC | 3.79 <br><sup>(b)</sup><br>| 12/31/25 | Open | &nbsp;&nbsp;&nbsp; 4565938 | &nbsp;&nbsp;&nbsp; 4609680 | Corporate Bonds | Open/Demand |
| Barclays Bank PLC | 3.74 <br><sup>(b)</sup><br>| 01/29/26 | Open | &nbsp;&nbsp;&nbsp; 7878750 | &nbsp;&nbsp;&nbsp; 7878750 | Corporate Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 02/02/26 | Open | &nbsp;&nbsp;&nbsp; 5560625 | &nbsp;&nbsp;&nbsp; 5595116 | Municipal Bonds | Open/Demand |
| TD Securities (USA) LLC | 3.85 <br><sup>(b)</sup><br>| 03/02/26 | Open | &nbsp;&nbsp;&nbsp; 9934925 | &nbsp;&nbsp;&nbsp; 9966800 | Municipal Bonds | Open/Demand |
| Barclays Bank PLC | 3.74 | 03/12/26 | 04/09/26 | &nbsp;&nbsp;&nbsp; 10319537 | &nbsp;&nbsp;&nbsp; 10340979 | Corporate Bonds | Up to 30 Days |
| Barclays Bank PLC | 3.74 | 03/12/26 | 04/09/26 | &nbsp;&nbsp;&nbsp; 11467562 | &nbsp;&nbsp;&nbsp; 11491390 | Corporate Bonds | Up to 30 Days |
| Barclays Bank PLC | 3.74 | 03/13/26 | 04/09/26 | &nbsp;&nbsp;&nbsp; 8658000 | &nbsp;&nbsp;&nbsp; 8675090 | Corporate Bonds | Up to 30 Days |
| TD Securities (USA) LLC | 3.82 <br><sup>(b)</sup><br>| 03/31/26 | Open | &nbsp;&nbsp;&nbsp; 4693750 | &nbsp;&nbsp;&nbsp; 4694248 | Corporate Bonds | Open/Demand |
|  |  |  |  | &nbsp;&nbsp;&nbsp; $551045163 | &nbsp;&nbsp;&nbsp; $568444173 |  |  |

---

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

<sup>(a)</sup> Certain agreements have no stated maturity and can be terminated by either party at any time.

<sup>(b)</sup> Variable rate security. Rate as of period end and maturity is the date the principal owed can be recovered through demand.

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Taxable Municipal Bond Trust (BBN)** 

**Derivative Financial Instruments Outstanding as of Period End**

**Futures Contracts** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| *Description* | *Number of* <br>*Contracts*<br>| &nbsp;&nbsp;&nbsp; *Expiration* <br>*Date*<br>| &nbsp;&nbsp;&nbsp; *Notional* <br>*Amount (000)*<br>| &nbsp;&nbsp;&nbsp; *Value/* <br>*Unrealized* <br>*Appreciation* <br>&nbsp;&nbsp;&nbsp;&nbsp;*(Depreciation)*<br>|
| Short Contracts  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; 10-Year U.S. Treasury Note | &nbsp;&nbsp; 343 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | &nbsp;&nbsp;&nbsp;&nbsp; $38068 | &nbsp;&nbsp;&nbsp;&nbsp; $619027 |
| &nbsp;&nbsp;&nbsp; U.S. Long Bond | &nbsp;&nbsp; 577 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | &nbsp;&nbsp;&nbsp;&nbsp; 65562 | &nbsp;&nbsp;&nbsp;&nbsp; 2136721 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; $2755748 |

---

**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 Trust 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 Trust's policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Trust's financial instruments categorized in the fair value hierarchy. The breakdown of the Trust'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; $118819177 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $118819177 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1471460454 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1471460454 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Warrants | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 45646 | &nbsp;&nbsp;&nbsp;&nbsp; 45646 |
| &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; 4989151 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 4989151 |
|  | &nbsp;&nbsp; $4989151 | &nbsp;&nbsp;&nbsp;&nbsp; $1590279631 | &nbsp;&nbsp;&nbsp;&nbsp; $45646 | &nbsp;&nbsp;&nbsp;&nbsp; $1595314428 |
| Derivative Financial Instruments<sup>(a)</sup> <br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Assets  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Contracts | &nbsp;&nbsp; $2755748 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $2755748 |

---

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

<sup>(a)</sup> Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.

The Trust may hold assets and/or liabilities in which the fair value approximates the carrying amount or face value, including accrued interest, for financial reporting purposes. As of period end, reverse repurchase agreements of $568,444,173 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 |
| AMT | Alternative Minimum Tax |

---

---

| | |
|:---|:---|
| **Portfolio Abbreviation (continued)** | **Portfolio Abbreviation (continued)** |
| ARB | Airport Revenue Bonds  |
| BAB | Build America Bond |
| BAM | Build America Mutual Assurance Co. |

---

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Taxable Municipal Bond Trust (BBN)** 

---

| | |
|:---|:---|
| **Portfolio Abbreviation (continued)** | **Portfolio Abbreviation (continued)** |
| BAM-TCRS | &nbsp;&nbsp;&nbsp; Build America Mutual Assurance Co. - Transferable <br> Custodial Receipts<br>|
| CAB | Capital Appreciation Bonds |
| COP | Certificates of Participation |
| FHLMC | Federal Home Loan Mortgage Corp. |
| FNMA | Federal National Mortgage Association |
| GNMA | Government National Mortgage Association |
| GO | General Obligation Bonds |
| HUD SECT 8 | &nbsp;&nbsp;&nbsp; U.S. Department of Housing and Urban Development <br> Section 8<br>|
| M/F | Multi-Family |
| NPFGC | National Public Finance Guarantee Corp. |
| PSF | Permanent School Fund |
| RB | Revenue Bonds |
| S/F | Single-Family |
| SAP | Subject to Appropriations |
| TA | Tax Allocation |

---

Schedule of Investments

------

## 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 Taxable Municipal Bond Trust

- **b. Investment Company Act file number:** 811-22426

- **c. CIK number of Registrant:** 0001493683

- **d. LEI of Registrant:** SNYX4R2CEK5Q5D25DZ39

- **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 Taxable Municipal Bond Trust

- **c. LEI of Series:** SNYX4R2CEK5Q5D25DZ39

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1627539737.10

**Total Liabilities:** $570029892.39

**Net Assets:** $1057509844.71

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 159.50000000 | **1-Year:** 5325.05000000 | **5-Year:** 207726.43000000 | **10-Year:** 692873.84000000 | **30-Year:** 365454.69000000

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

- **3-Month:** 330.49000000 | **1-Year:** 9161.92000000 | **5-Year:** 13512.96000000 | **10-Year:** 36818.07000000 | **30-Year:** 4729.34000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 0.55%                | 3.68%                | -3.29%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $126507.93               | $-842870.61                                |
| Month 2  | $-1668.22                | $36604503.51                               |
| Month 3  | $756038.35               | $-46057342.44                              |

**Designated Index Information**

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

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

### Schedule of Portfolio Investments

| Name                                                                             | Title                                                        | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ABBVIE INC                                                                       | AbbVie Inc                                                   | CUSIP: 00287YEG0<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |   9360000 | PA      | $9183271.22   | 0.87%             | 2036-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Alabama Incentives Financing Authority                                           | ALABAMA ST INCENTIVES FING AUTH SPL OBLG                     | CUSIP: 01030LDS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4970000 | PA      | $4158295.62   | 0.39%             | 2042-09-01      | Fixed         | 3.54%                 | No            |                  2 | On Loan: No      |
| Alameda County Joint Powers Authority                                            | ALAMEDA CNTY CA JT PWRS AUTH LEASE REVENUE                   | CUSIP: 010831BE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11000000 | PA      | $12316382.10  | 1.16%             | 2044-12-01      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                                        | ALAMEDA CA CORRIDOR TRANSPRTN AUTH REVENUE                   | CUSIP: 010869JJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $1974948.50   | 0.19%             | 2042-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                                        | ALAMEDA CA CORRIDOR TRANSPRTN AUTH REVENUE                   | CUSIP: 010869LW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3775000 | PA      | $1631907.96   | 0.15%             | 2040-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Alamo Regional Mobility Authority                                                | ALAMO TX REGL MOBILITY AUTH                                  | CUSIP: 011432CN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5910000 | PA      | $4325646.02   | 0.41%             | 2046-06-15      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| Alaska Housing Finance Corp                                                      | ALASKA ST HSG FIN CORP MTGE REVENUE                          | CUSIP: 01170RRJ3<br>LEI: 549300HJ8NOJNYW6ER36 | Long             | DBT              | MUN               | US        |   8715000 | PA      | $9162259.03   | 0.87%             | 2053-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                               | CUSIP: 023135DG8<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $9965403.30   | 0.94%             | 2046-03-13      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| American Municipal Power Inc                                                     | AMERICAN MUNI PWR-OHIO INC OH REVENUE                        | CUSIP: 02765UEJ9<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |  20760000 | PA      | $25067712.46  | 2.37%             | 2041-02-15      | Fixed         | 7.83%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                           | ARKANSAS ST DEV FIN AUTH INDL DEV REVENUE                    | CUSIP: 04108WCF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7400000 | PA      | $8005872.04   | 0.76%             | 2048-07-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 0418066W5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $250000.00    | 0.02%             | 2030-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 041806F47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    765000 | PA      | $741421.63    | 0.07%             | 2028-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 041807BJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1280000 | PA      | $768000.00    | 0.07%             | 2032-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ASCENSION HEALTH                                                                 | Ascension Health                                             | CUSIP: 04351LAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4750000 | PA      | $4693347.94   | 0.44%             | 2035-11-15      | Fixed         | 4.92%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                          | BAY AREA CA TOLL AUTH TOLL BRIDGE REVENUE                    | CUSIP: 072024PY2<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |  14000000 | PA      | $15729399.00  | 1.49%             | 2050-10-01      | Fixed         | 6.91%                 | 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        |   3325000 | PA      | $1762250.00   | 0.17%             | 2065-01-01      | Floating      | 12.00%                | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                            | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE         | CUSIP: 13034AQ94<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $3948696.45   | 0.37%             | 2038-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063A5G5<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   9035000 | PA      | $10725200.94  | 1.01%             | 2039-04-01      | Fixed         | 7.55%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063BBU5<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5768610.00   | 0.55%             | 2039-11-01      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063BFR8<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   8950000 | PA      | $10650952.87  | 1.01%             | 2040-03-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063BJC7<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $17992551.00  | 1.70%             | 2040-11-01      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063D3S5<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |  10010000 | PA      | $10045874.84  | 0.95%             | 2038-03-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063D7G7<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5232433.00   | 0.49%             | 2041-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                              | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                   | CUSIP: 130685WB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17050000 | PA      | $20075868.62  | 1.90%             | 2034-10-01      | Fixed         | 8.36%                 | No            |                  2 | On Loan: No      |
| California State University                                                      | CALIFORNIA ST UNIV REVENUE                                   | CUSIP: 13077DQU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3717497.00   | 0.35%             | 2041-11-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL EDUCTNL FACS REVENUE                    | CUSIP: 14054CEJ4<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    235000 | PA      | $234151.49    | 0.02%             | 2026-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Cerritos Community College District                                              | CERRITOS CA CMNTY CLG DIST                                   | CUSIP: 156792KS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $829308.20    | 0.08%             | 2038-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505KG0<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   8510000 | PA      | $8399290.01   | 0.79%             | 2029-12-01      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505NH5<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   9745000 | PA      | $9302872.27   | 0.88%             | 2040-12-01      | Fixed         | 6.52%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 167593AN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1643166.15   | 0.16%             | 2040-01-01      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Sales & Transfer Tax Receipts Revenue                  | CHICAGO IL TRANSIT AUTH SALES & TRANSFER TAX RECPTS REVENUE  | CUSIP: 167725AC4<br>LEI: 549300CB8XLRGIPN3E12 | Long             | DBT              | MUN               | US        |   7024316 | PA      | $7843872.81   | 0.74%             | 2040-12-01      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Sales & Transfer Tax Receipts Revenue                  | CHICAGO IL TRANSIT AUTH SALES & TRANSFER TAX RECPTS REVENUE  | CUSIP: 167725AF7<br>LEI: 549300CB8XLRGIPN3E12 | Long             | DBT              | MUN               | US        |   4310489 | PA      | $4813412.29   | 0.46%             | 2040-12-01      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Wastewater Transmission Revenue                               | CHICAGO IL WSTWTR TRANSMISSION REVENUE                       | CUSIP: 167727SW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  36000000 | PA      | $39360870.00  | 3.72%             | 2040-01-01      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Sales Tax Receipts Fund                                | CHICAGO IL TRANSIT AUTH SALES TAX RECPTS REVENUE             | CUSIP: 16772PAQ9<br>LEI: 549300CB8XLRGIPN3E12 | Long             | DBT              | MUN               | US        |  15473416 | PA      | $16349007.01  | 1.55%             | 2040-12-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Waterworks Revenue                                            | CHICAGO IL WTR REVENUE                                       | CUSIP: 167736YU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15250000 | PA      | $16684418.05  | 1.58%             | 2040-11-01      | Fixed         | 6.74%                 | No            |                  2 | On Loan: No      |
| City of Chula Vista CA                                                           | CHULA VISTA CA PENSN OBLG                                    | CUSIP: 17131RBE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1024944.58   | 0.10%             | 2036-06-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| County of Clark Department of Aviation                                           | CLARK CNTY NV ARPT REVENUE                                   | CUSIP: 18085PMT8<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2213103.60   | 0.21%             | 2045-07-01      | Fixed         | 6.82%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FRZ9<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |  11885000 | PA      | $10412033.71  | 0.98%             | 2040-12-01      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| Colorado Housing and Finance Authority                                           | COLORADO ST HSG & FIN AUTH                                   | CUSIP: 19648GHW5<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   1760000 | PA      | $1876435.26   | 0.18%             | 2054-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                                                              | CommonSpirit Health                                          | CUSIP: 20268JAS2<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5008143.90   | 0.47%             | 2034-12-01      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| Commonwealth Financing Authority                                                 | CMWLTH FING AUTH PA                                          | CUSIP: 20281PKG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4435000 | PA      | $4152118.85   | 0.39%             | 2038-06-01      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| Commonwealth Financing Authority                                                 | CMWLTH FING AUTH PA                                          | CUSIP: 20281PKW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6110000 | PA      | $5249919.13   | 0.50%             | 2041-06-01      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DEM0<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1539980.91   | 0.15%             | 2027-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Connecticut Housing Finance Authority                                            | CONNECTICUT ST HSG FIN AUTH HSG MTGE FIN PROGRAM             | CUSIP: 20775H2Z5<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |   6575000 | PA      | $6311091.99   | 0.60%             | 2044-11-15      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| Connecticut Housing Finance Authority                                            | CONNECTICUT ST HSG FIN AUTH HSG MTGE FIN PROGRAM             | CUSIP: 20775H5P4<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |   9675000 | PA      | $9882061.45   | 0.93%             | 2055-05-15      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| Curators of the University of Missouri/The                                       | CURATORS OF THE UNIV OF MISSOURI MO SYS FACS REVENUE         | CUSIP: 231266GC5<br>LEI: G0G4PRB87K0V5MXIV248 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7120785.00   | 0.67%             | 2041-11-01      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| Dallas Area Rapid Transit                                                        | DALLAS TX AREA RAPID TRANSIT SALES TAX REVENUE               | CUSIP: 235241LW4<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2308236.50   | 0.22%             | 2048-12-01      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| Denver City & County School District No 1                                        | DENVER CO PUBLIC SCHS COPS                                   | CUSIP: 249218AK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6834469.20   | 0.65%             | 2037-12-15      | Fixed         | 7.02%                 | No            |                  2 | On Loan: No      |
| East Point Business & Industrial Development Authority                           | EAST PT GA BUSINESS & INDL DEV AUTHORITY REVENUE             | CUSIP: 274502AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    860000 | PA      | $516000.00    | 0.05%             | 2031-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                                               | Meta Platforms Inc                                           | CUSIP: 30303M8X3<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |  12550000 | PA      | $11876260.15  | 1.12%             | 2045-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP                                      | CUSIP: 340618DK0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $402500.00    | 0.04%             | 2032-07-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UEP9<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2161094.50   | 0.20%             | 2040-04-01      | Fixed         | 4.01%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UEQ7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3979772.00   | 0.38%             | 2050-04-01      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UJH2<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    650000 | PA      | $617500.00    | 0.06%             | 2026-12-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| State Board of Administration Finance Corp                                       | FLORIDA ST BRD OF ADMIN FIN CORP REVENUE                     | CUSIP: 341271AH7<br>LEI: 549300S34SOJ0RULXM35 | Long             | DBT              | MUN               | US        |  18300000 | PA      | $19175579.97  | 1.81%             | 2034-07-01      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                         | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT  | CUSIP: 38122NB68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $389357.50    | 0.04%             | 2042-06-01      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                         | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT  | CUSIP: 38122ND58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  26275000 | PA      | $20816169.06  | 1.97%             | 2041-06-01      | Fixed         | 3.71%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                         | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT  | CUSIP: 38122ND66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  22500000 | PA      | $17040777.75  | 1.61%             | 2050-06-01      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                         | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT  | CUSIP: 38122NZX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9100000 | PA      | $7579743.99   | 0.72%             | 2038-06-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| GRAND CANYON UNIVERSITY                                                          | Grand Canyon University                                      | CUSIP: 38528UAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6022000 | PA      | $5937031.39   | 0.56%             | 2028-10-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transit Authority of Harris County Sales & Use Tax Revenue          | HARRIS CNTY TX MET TRANSIT AUTH SALES & USE TAX              | CUSIP: 41422EKX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4750000 | PA      | $3729961.73   | 0.35%             | 2041-11-01      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| State of Hawaii                                                                  | HAWAII ST                                                    | CUSIP: 419792K70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5402718.50   | 0.51%             | 2036-10-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| State of Hawaii                                                                  | HAWAII ST                                                    | CUSIP: 419792ZX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2059539.25   | 0.19%             | 2035-10-01      | Fixed         | 2.37%                 | No            |                  2 | On Loan: No      |
| Hidalgo County Regional Mobility Authority                                       | HIDALGO CNTY TX REGL MOBILITY AUTH VEHICLE REGISTRATION FEE  | CUSIP: 429343BZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3892669.00   | 0.37%             | 2040-12-01      | Fixed         | 2.91%                 | No            |                  2 | On Loan: No      |
| City of Huntington Beach CA                                                      | HUNTINGTON BEACH CA PENSN OBLIG                              | CUSIP: 446201AR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $4903648.20   | 0.46%             | 2040-06-15      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| City of Huntington Beach CA                                                      | HUNTINGTON BEACH CA PENSN OBLIG                              | CUSIP: 446201AS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1146738.15   | 0.11%             | 2044-06-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | IDAHO ST HSG & FIN ASSN NONPROFIT FACS REVENUE               | CUSIP: 45129GPN9<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    600000 | PA      | $601078.92    | 0.06%             | 2039-03-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | IDAHO ST HSG & FIN ASSN SF MTGE REVENUE                      | CUSIP: 45129Y4B9<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |  10010000 | PA      | $10140669.54  | 0.96%             | 2044-01-01      | Fixed         | 6.06%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | IDAHO ST HSG & FIN ASSN SF MTGE REVENUE                      | CUSIP: 45129Y5Q5<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   5470000 | PA      | $5792058.28   | 0.55%             | 2054-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Illinois Municipal Electric Agency                                               | ILLINOIS ST MUNI ELEC AGY PWR SPLY                           | CUSIP: 452024HH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5425000 | PA      | $5837834.36   | 0.55%             | 2035-02-01      | Fixed         | 7.29%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH REVENUE                             | CUSIP: 45203ME49<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   6790000 | PA      | $6780957.76   | 0.64%             | 2046-10-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH REVENUE                             | CUSIP: 45203MXE6<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   3800000 | PA      | $3762399.76   | 0.36%             | 2049-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FVH5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2925000 | PA      | $2980755.77   | 0.28%             | 2033-07-01      | Fixed         | 6.69%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452152BM2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1869231 | PA      | $1957348.19   | 0.19%             | 2035-02-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452152FA4<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   4861538 | PA      | $5089738.94   | 0.48%             | 2035-04-01      | Fixed         | 6.73%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452152GS4<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |  25610714 | PA      | $27535446.71  | 2.60%             | 2035-07-01      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| Indiana Municipal Power Agency                                                   | INDIANA ST MUNI PWR AGY                                      | CUSIP: 454898QY6<br>LEI: AX0ZCCVOQ71Z4RXBL233 | Long             | DBT              | MUN               | US        |   7260000 | PA      | $7071342.37   | 0.67%             | 2042-01-01      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH REVENUE                                  | CUSIP: 455057SV2<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   7900000 | PA      | $8687702.68   | 0.82%             | 2039-02-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Jacksonville Public Educational Building Authority                               | JACKSONVILLE PUBLIC EDUCTNL BLDG AUTH                        | CUSIP: 469480BG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1365000 | PA      | $1485153.72   | 0.14%             | 2046-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Community College District/CA                                        | LOS ANGELES CA CMNTY CLG DIST                                | CUSIP: 54438CNZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10800651.00  | 1.02%             | 2042-08-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH      | CUSIP: 54627RAT7<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   9750000 | PA      | $9913651.80   | 0.94%             | 2039-12-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| MMH MASTER LLC                                                                   | MMH Master LLC                                               | CUSIP: 55318RAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2326000 | PA      | $2381670.60   | 0.23%             | 2034-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| MMH MASTER LLC                                                                   | MMH Master LLC                                               | CUSIP: 55318RAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7300000 | PA      | $7619280.98   | 0.72%             | 2044-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MMH MASTER LLC                                                                   | MMH Master LLC                                               | CUSIP: 55318RAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6475000 | PA      | $6630099.37   | 0.63%             | 2039-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH EDU REVENUE                   | CUSIP: 56681NJD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11540000 | PA      | $12165888.06  | 1.15%             | 2029-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                                    | MARYLAND ST CMNTY DEV ADMIN DEPT HSG & CMNTY DEV             | CUSIP: 57419T5Q0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5195234.00   | 0.49%             | 2038-09-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                                    | MARYLAND ST CMNTY DEV ADMIN DEPT HSG & CMNTY DEV             | CUSIP: 57419T5R8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10184481.00  | 0.96%             | 2043-09-01      | Fixed         | 6.23%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                               | MARYLAND ST ECON DEV CORP                                    | CUSIP: 574205HW3<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5015044.00   | 0.47%             | 2057-05-31      | Fixed         | 5.94%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE             | CUSIP: 5742186P3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $253274.82    | 0.02%             | 2027-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                               | MARYLAND ST ECON DEV CORP FED LEASE REVENUE                  | CUSIP: 57422LAA1<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   9090000 | PA      | $6725715.54   | 0.64%             | 2034-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                    | MASSACHUSETTS ST EDUCTNL FING AUTH                           | CUSIP: 57563RRE1<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |   8465000 | PA      | $7662943.79   | 0.72%             | 2036-07-01      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                    | MASSACHUSETTS ST EDUCTNL FING AUTH                           | CUSIP: 57563RSU4<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |  13355000 | PA      | $12899822.87  | 1.22%             | 2038-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                    | MASSACHUSETTS ST EDUCTNL FING AUTH                           | CUSIP: 57563RTM1<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |  13695000 | PA      | $14017136.53  | 1.33%             | 2044-07-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                    | MASSACHUSETTS ST EDUCTNL FING AUTH                           | CUSIP: 57563RTX7<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |   8885000 | PA      | $9221631.33   | 0.87%             | 2049-07-01      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                    | MASSACHUSETTS ST EDUCTNL FING AUTH                           | CUSIP: 57563RUF4<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15388476.00  | 1.46%             | 2050-07-01      | Fixed         | 6.17%                 | No            |                  2 | On Loan: No      |
| Massachusetts Housing Finance Agency                                             | MASSACHUSETTS ST HSG FIN AGY HSG REVENUE                     | CUSIP: 57587GTL9<br>LEI: 549300NLJBK1VP6K2K81 | Long             | DBT              | MUN               | US        |   3170000 | PA      | $3187812.55   | 0.30%             | 2042-12-01      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| Massachusetts Port Authority                                                     | MASSACHUSETTS ST PORT AUTH                                   | CUSIP: 575896WR2<br>LEI: 254900JRR8IDSSKWCL90 | Long             | DBT              | MUN               | US        |   5055000 | PA      | $3840493.79   | 0.36%             | 2042-07-01      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts Transportation Fund Revenue                        | MASSACHUSETTS ST TRANSPRTN FUND REVENUE                      | CUSIP: 57604TAD8<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5181104.50   | 0.49%             | 2040-06-01      | Fixed         | 5.73%                 | No            |                  2 | On Loan: No      |
| Memphis-Shelby County Industrial Development Board                               | MEMPHIS-SHELBY CNTY TN INDL DEV BRD ECON DEV GROWTH ENGINE T | CUSIP: 58611YAG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5875000 | PA      | $4436968.61   | 0.42%             | 2045-07-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County Convention Center Auth    | MET GOVT NASHVILLE & DAVIDSON CNTY TN CONVENTION CENTER AUTH | CUSIP: 592125AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  35105000 | PA      | $39444883.71  | 3.73%             | 2043-07-01      | Fixed         | 7.43%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority Dedicated Tax Fund                         | MET TRANSPRTN AUTH NY DEDICATED TAX FUND                     | CUSIP: 59259NZH9<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |  11620000 | PA      | $13464525.10  | 1.27%             | 2039-11-15      | Fixed         | 7.34%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59259YBY4<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2220000 | PA      | $2371355.83   | 0.22%             | 2039-11-15      | Fixed         | 6.67%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59259YDC0<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |  19705000 | PA      | $21259899.87  | 2.01%             | 2040-11-15      | Fixed         | 6.69%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261A2P1<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    340000 | PA      | $317218.10    | 0.03%             | 2049-11-15      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Dulles Toll Road Revenue              | MET WASHINGTON DC ARPTS AUTH DULLES TOLL ROAD REVENUE        | CUSIP: 592643AA8<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5881607.00   | 0.56%             | 2046-10-01      | Fixed         | 7.46%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Dulles Toll Road Revenue              | MET WASHINGTON DC ARPTS AUTH DULLES TOLL ROAD REVENUE        | CUSIP: 592643BN9<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |  10750000 | PA      | $13153024.90  | 1.24%             | 2047-10-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Educational Facilities Authority                               | MIAMI-DADE CNTY FL EDUCTNL FACS AUTH REVENUE                 | CUSIP: 59333AMC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12250000 | PA      | $11240377.05  | 1.06%             | 2050-04-01      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade Seaport Department                                          | MIAMI-DADE CNTY FL SEAPORT REVENUE                           | CUSIP: 59335KFS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3295000 | PA      | $3383514.57   | 0.32%             | 2055-11-01      | Fixed         | 6.22%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH LTD OBLIG REVENUE                       | CUSIP: 594479HR1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $480000.00    | 0.05%             | 2033-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TJ20<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |  50000000 | PA      | $13321280.00  | 1.26%             | 2045-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TSQ7<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7185548.25   | 0.68%             | 2043-11-01      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                     | MICHIGAN ST HSG DEV AUTH SF MTGE REVENUE                     | CUSIP: 594654XM2<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   3125000 | PA      | $3098114.38   | 0.29%             | 2044-12-01      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| Michigan State University                                                        | MICHIGAN ST UNIV REVENUES                                    | CUSIP: 594712PP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5637296.50   | 0.53%             | 2050-02-15      | Fixed         | 6.17%                 | No            |                  2 | On Loan: No      |
| Michigan State University                                                        | MICHIGAN ST UNIV REVENUES                                    | CUSIP: 594712UF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14575000 | PA      | $13250046.51  | 1.25%             | 2048-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                 | MINNESOTA ST HSG FIN AGY                                     | CUSIP: 60416UHT5<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3018118.20   | 0.29%             | 2044-07-01      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| Missouri Joint Municipal Electric Utility Commission                             | MISSOURI JT MUNI ELEC UTILITY COMMISSION PWR PROJ REVENUE    | CUSIP: 606092EF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11000000 | PA      | $13025343.10  | 1.23%             | 2039-01-01      | Fixed         | 7.73%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GEORGIA                                    | CUSIP: 626207YF5<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |  24720000 | PA      | $26500660.70  | 2.51%             | 2057-04-01      | Fixed         | 6.64%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GEORGIA                                    | CUSIP: 626207YM0<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |  19972000 | PA      | $21548709.51  | 2.04%             | 2057-04-01      | Fixed         | 6.66%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GEORGIA                                    | CUSIP: 626207YS7<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   9174000 | PA      | $10142823.94  | 0.96%             | 2057-04-01      | Fixed         | 7.06%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH FEDERAL LEASE REVENUE                   | CUSIP: 63607VAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4655000 | PA      | $3342377.05   | 0.32%             | 2035-07-01      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH FEDERAL LEASE REVENUE                   | CUSIP: 63607VAD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2490000 | PA      | $1832589.95   | 0.17%             | 2036-01-01      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH FEDERAL LEASE REVENUE                   | CUSIP: 63607VAF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12895000 | PA      | $9416724.62   | 0.89%             | 2032-04-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH UTL REV                                 | CUSIP: 63610HAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8835000 | PA      | $9237995.27   | 0.87%             | 2034-04-01      | Fixed         | 6.89%                 | No            |                  2 | On Loan: No      |
| Nevada Housing Division                                                          | NEVADA ST HSG DIV SF MTGE REVENUE                            | CUSIP: 641279B45<br>LEI: 549300RE377OK3CTT852 | Long             | DBT              | MUN               | US        |   6485000 | PA      | $6296516.72   | 0.60%             | 2044-10-01      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| New Caney Independent School District                                            | NEW CANEY TX INDEP SCH DIST                                  | CUSIP: 643154GN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7025000 | PA      | $5045836.21   | 0.48%             | 2042-02-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                      | NEW HAMPSHIRE ST HLTH & EDU FACS AUTH REVENUE                | CUSIP: 64461XKB0<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |   4130000 | PA      | $4132358.64   | 0.39%             | 2034-11-01      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| New Hope Higher Education Finance Corp                                           | NEW HOPE TX HGR EDU FIN CORP EDU REVENUE                     | CUSIP: 645438AC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $261869.05    | 0.02%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH ENERGY FAC REVENUE               | CUSIP: 64577QAK7<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2625000 | PA      | $2625902.74   | 0.25%             | 2030-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Institute of Technology/NJ                                            | NEW JERSEY INSTITUTE OF TECHNOLOGY                           | CUSIP: 64579RCZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $6091742.25   | 0.58%             | 2042-07-01      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH LEASE REVENUE                    | CUSIP: 645913AA2<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |  15535000 | PA      | $16293570.94  | 1.54%             | 2029-02-15      | Fixed         | 7.43%                 | No            |                  2 | On Loan: No      |
| New Jersey Educational Facilities Authority                                      | NEW JERSEY ST EDUCTNL FACS AUTH REVENUE                      | CUSIP: 6460667K0<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $4887777.00   | 0.46%             | 2042-07-01      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| New Jersey Educational Facilities Authority                                      | NEW JERSEY ST EDUCTNL FACS AUTH REVENUE                      | CUSIP: 6460667L8<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1097931.00   | 0.10%             | 2050-07-01      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 6461366R7<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   7230000 | PA      | $6572990.38   | 0.62%             | 2039-06-15      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                 | CUSIP: 646139W35<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   6790000 | PA      | $8025949.75   | 0.76%             | 2040-01-01      | Fixed         | 7.41%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                 | CUSIP: 646139X83<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |  34000000 | PA      | $39224300.60  | 3.71%             | 2041-01-01      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966SEU6<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   4305000 | PA      | $3592293.90   | 0.34%             | 2034-08-01      | Fixed         | 2.17%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966SFE1<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   2980000 | PA      | $2466305.22   | 0.23%             | 2034-08-01      | Fixed         | 2.17%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966SHN9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   3930000 | PA      | $3589810.95   | 0.34%             | 2054-10-01      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966SNH5<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   7260000 | PA      | $7554578.86   | 0.71%             | 2045-02-01      | Fixed         | 6.29%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP REVENUE                        | CUSIP: 64966WKH9<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   6550000 | PA      | $6243572.66   | 0.59%             | 2049-08-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF HSG REVENUE                 | CUSIP: 64972ERA9<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   1310000 | PA      | $943623.65    | 0.09%             | 2045-11-01      | Fixed         | 3.10%                 | 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: 64972FK88<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5122109.50   | 0.48%             | 2042-06-15      | Fixed         | 5.95%                 | 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: 64972FY34<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   7590000 | PA      | $7636526.70   | 0.72%             | 2044-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 64985SFF5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   5145000 | PA      | $5303846.73   | 0.50%             | 2045-07-01      | Fixed         | 5.99%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 6499022F9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $14936412.00  | 1.41%             | 2040-03-15      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 64990GA69<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2284654.80   | 0.22%             | 2040-07-01      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 64990GY71<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   7090000 | PA      | $5723289.06   | 0.54%             | 2040-07-01      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                            | NORTH CAROLINA ST HSG FIN AGY HOMEOWNERSHIP REVENUE          | CUSIP: 6582075H4<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   6535000 | PA      | $6846299.30   | 0.65%             | 2055-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Northern Illinois Municipal Power Agency                                         | NTHRN IL MUNI PWR AGY PWR PROJ REVENUE                       | CUSIP: 665250BY1<br>LEI: VWCV6ROJUT9NS55JU583 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5790641.00   | 0.55%             | 2040-01-01      | Fixed         | 7.82%                 | No            |                  2 | On Loan: No      |
| OCHSNER CLINIC FOUNDATIO                                                         | Ochsner Clinic Foundation                                    | CUSIP: 675553AA9<br>LEI: 549300SN4RK0THHUAC05 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4841070.50   | 0.46%             | 2045-05-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | OHIO ST HOSP FAC REVENUE                                     | CUSIP: 677561LN0<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2539726.80   | 0.24%             | 2042-01-01      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| Ohio University                                                                  | OHIO UNIV GEN RECPTS ATHENS                                  | CUSIP: 677704A65<br>LEI: 549300P1K3IH2L5SFY61 | Long             | DBT              | MUN               | US        |  10100000 | PA      | $9253373.56   | 0.88%             | 2114-12-01      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA ST DEV FIN AUTH                                     | CUSIP: 6789083X0<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   2900000 | PA      | $2707362.86   | 0.26%             | 2041-09-01      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA ST DEV FIN AUTH                                     | CUSIP: 6789084B7<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   6750000 | PA      | $6461125.65   | 0.61%             | 2052-02-01      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA ST DEV FIN AUTH                                     | CUSIP: 6789084E1<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   3695000 | PA      | $3374432.89   | 0.32%             | 2052-05-01      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| Oklahoma Municipal Power Authority                                               | OKLAHOMA ST MUNI PWR AUTH                                    | CUSIP: 67910HMT4<br>LEI: 54930074Q1M8747DCS20 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3680178.95   | 0.35%             | 2045-01-01      | Fixed         | 6.44%                 | No            |                  2 | On Loan: No      |
| City of Orange CA                                                                | ORANGE CALIF PENSION OBLIG                                   | CUSIP: 684100AT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1474587.40   | 0.14%             | 2044-06-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                   | CUSIP: 70869PFT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  23050000 | PA      | $25019202.99  | 2.37%             | 2039-06-15      | Fixed         | 6.53%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709224V71<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   3630000 | PA      | $2967388.51   | 0.28%             | 2043-12-01      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| Port of Beaumont Industrial Development Authority                                | PORT BEAUMONT TX INDL DEV AUTH                               | CUSIP: 73358SAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8285000 | PA      | $7532001.21   | 0.71%             | 2028-01-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                        | CUSIP: 73358WCW2<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   2115000 | PA      | $2210878.66   | 0.21%             | 2040-11-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Port of Beaumont Navigation District                                             | PORT BEAUMONT TX NAV DIST DOCK& WHARF FAC REVENUE            | CUSIP: 73360CAS3<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10008505.00  | 0.95%             | 2026-07-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                          | CUSIP: 744396HG0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |     50000 | PA      | $49923.05     | 0.00%             | 2026-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI MF HSG REVENUE                            | CUSIP: 74441XJB6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   7550000 | PA      | $7574133.58   | 0.72%             | 2055-02-01      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EHE3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    250000 | PA      | $245025.65    | 0.02%             | 2028-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PMV4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1269582.26   | 0.12%             | 2049-10-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PRP2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    845000 | PA      | $769817.90    | 0.07%             | 2031-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3465000 | PA      | $3293992.20   | 0.31%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JQY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14899000 | PA      | $12921568.96  | 1.22%             | 2040-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| RENSSELAER POLYTECHNIC I                                                         | Rensselaer Polytechnic Institute                             | CUSIP: 76009XAB4<br>LEI: 549300THCXCGLZPZEL90 | Long             | DBT              | CORP              | US        |  18190000 | PA      | $16184184.52  | 1.53%             | 2048-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Riverside CA                                                             | RIVERSIDE CA PENSN OBLG                                      | CUSIP: 769036BU7<br>LEI: 549300FG48YQF1N4C302 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1319684.55   | 0.12%             | 2045-06-01      | Fixed         | 3.86%                 | No            |                  2 | On Loan: No      |
| Rockwall Independent School District                                             | ROCKWALL TX INDEP SCH DIST                                   | CUSIP: 774286AM0<br>LEI: 5493008ZIVPUZPQOR621 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3317982.50   | 0.31%             | 2046-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Salt River Project Agricultural Improvement & Power District                     | SALT RIVER AZ PROJ AGRIC IMPT & PWR DIST ELEC                | CUSIP: 79575DE63<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |  24545000 | PA      | $23599668.96  | 2.23%             | 2041-01-01      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Customer Facility Charge Revenue                          | SAN ANTONIO TX CUSTOMER FAC CHARGE REVENUE                   | CUSIP: 796246AP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7288069.50   | 0.69%             | 2045-07-01      | Fixed         | 5.87%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | SAN ANTONIO TX ELEC & GAS REVENUE                            | CUSIP: 79625GNB5<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |  12500000 | PA      | $12526708.75  | 1.18%             | 2045-02-01      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                      | SAN DIEGO CNTY CA REGL ARPT AUTH                             | CUSIP: 79742GAF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3570000 | PA      | $3569719.04   | 0.34%             | 2043-07-01      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| City & County of San Francisco CA                                                | SAN FRANCISCO CITY & CNTY CA COPS                            | CUSIP: 79765D6K1<br>LEI: 549300RA28ZEFOB6M782 | Long             | DBT              | MUN               | US        |   8480000 | PA      | $8671811.66   | 0.82%             | 2043-10-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| San Joaquin Hills Transportation Corridor Agency                                 | SAN JOAQUIN HILLS CA TRANSPRTN CORRIDOR AGY TOLL ROAD REV    | CUSIP: 798111HM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7200000 | PA      | $5455187.28   | 0.52%             | 2050-01-15      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| County of Sonoma CA                                                              | SONOMA CNTY CA PENSN OBLG                                    | CUSIP: 835574CB8<br>LEI: 254900DSKNF9PC15US55 | Long             | DBT              | MUN               | US        |   7535000 | PA      | $7803682.28   | 0.74%             | 2029-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH EDUCTNL FACS REVENUE    | CUSIP: 83704MCJ3<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    710000 | PA      | $699287.66    | 0.07%             | 2030-08-15      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 837151JB6<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   4595000 | PA      | $4795678.35   | 0.45%             | 2041-12-01      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 837151SV2<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |  11290000 | PA      | $12073756.32  | 1.14%             | 2050-01-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 837151W39<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   2870000 | PA      | $3214655.43   | 0.30%             | 2042-12-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| South Carolina Student Loan Corp                                                 | SOUTH CAROLINA ST STUDENT LOAN CORP EDU REVENUE              | CUSIP: 83715AAY5<br>LEI: 549300PIO3ZMSROGFF38 | Long             | DBT              | MUN               | US        |   3265000 | PA      | $3209216.50   | 0.30%             | 2039-12-01      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| South Carolina Student Loan Corp                                                 | SOUTH CAROLINA ST STUDENT LOAN CORP EDU REVENUE              | CUSIP: 83715AAZ2<br>LEI: 549300PIO3ZMSROGFF38 | Long             | DBT              | MUN               | US        |   1835000 | PA      | $1823324.81   | 0.17%             | 2036-12-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Southern Minnesota Municipal Power Agency                                        | STHRN MINNESOTA ST MUNI PWR AGY PWR SPLY SYS REVENUE         | CUSIP: 843375ZL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8166280.00   | 0.77%             | 2043-01-01      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| SUTTER HEALTH                                                                    | Sutter Health                                                | CUSIP: 86944BAQ6<br>LEI: 549300MJCC12LU768G81 | Long             | DBT              | CORP              | US        |  10490000 | PA      | $10823087.92  | 1.02%             | 2035-08-15      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| Tennessee Housing Development Agency                                             | TENNESSEE HSG DEV AGY RSDL FIN PROGRAM REVENUE               | CUSIP: 88046KKZ8<br>LEI: 25490004PSQYQLFJGI76 | Long             | DBT              | MUN               | US        |    540000 | PA      | $540054.32    | 0.05%             | 2049-07-01      | Fixed         | 5.92%                 | No            |                  2 | On Loan: No      |
| Tennessee Housing Development Agency                                             | TENNESSEE HSG DEV AGY RSDL FIN PROGRAM REVENUE               | CUSIP: 88046KNF9<br>LEI: 25490004PSQYQLFJGI76 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5076871.00   | 0.48%             | 2044-07-01      | Fixed         | 5.91%                 | No            |                  2 | On Loan: No      |
| Tennessee State School Bond Authority                                            | TENNESSEE ST SCH BOND AUTH                                   | CUSIP: 880558PG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4525000 | PA      | $3424378.82   | 0.32%             | 2041-11-01      | Fixed         | 2.56%                 | No            |                  2 | On Loan: No      |
| Texas Natural Gas Securitization Finance Corp                                    | TEXAS NATURAL GAS SECURITIZTN FIN CORP REVENUE               | CUSIP: 88258MAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10127821.00  | 0.96%             | 2041-04-01      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| Texas Private Activity Bond Surface Transportation Corp                          | TEXAS ST PRIV ACTIVITY BOND SURFACE TRANSPRTN CORP REVENUE   | CUSIP: 882667AZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  25000000 | PA      | $19929190.00  | 1.88%             | 2049-12-31      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Finance Authority                                             | TOBACCO SETTLEMENT FIN AUTH WV ASSET BACKED                  | CUSIP: 88880LAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $148365.60    | 0.01%             | 2047-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Finance Authority                                             | TOBACCO SETTLEMENT FIN AUTH WV ASSET BACKED                  | CUSIP: 88880LAU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $7388060.00   | 0.70%             | 2049-06-01      | Fixed         | 4.31%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Finance Authority                                             | TOBACCO SETTLEMENT FIN AUTH WV ASSET BACKED                  | CUSIP: 88880LAW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8030000 | PA      | $7878428.93   | 0.74%             | 2049-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp/VA                                             | TOBACCO SETTLEMENT FING CORP VA                              | CUSIP: 88880NAT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  28655000 | PA      | $22318918.15  | 2.11%             | 2046-06-01      | Fixed         | 6.71%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX      | CUSIP: 89602HAH0<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |  10390000 | PA      | $8735925.51   | 0.83%             | 2035-05-15      | Fixed         | 2.51%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX      | CUSIP: 89602HAL1<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2337845.70   | 0.22%             | 2040-05-15      | Fixed         | 2.92%                 | No            |                  2 | On Loan: No      |
| United Independent School District/TX                                            | UNITED TX INDEP SCH DIST                                     | CUSIP: 910678T27<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3885000 | PA      | $2848681.69   | 0.27%             | 2044-08-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| United Nations Development Corp                                                  | UNITED NATIONS DEV CORP NY                                   | CUSIP: 911157MF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3588537.14   | 0.34%             | 2055-08-01      | Fixed         | 6.54%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center Pooled Revenue            | UNIV OF CALIFORNIA CA RGTS MED CENTER POOLED REVENUE         | CUSIP: 913366EP1<br>LEI: RRR42I7GG51DB5HDQR14 | Long             | DBT              | MUN               | US        |   5330000 | PA      | $5655243.53   | 0.53%             | 2048-05-15      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp                                                                | UTAH HSG CORP SF MTGE REVENUE                                | CUSIP: 917437HM0<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2856067.83   | 0.27%             | 2054-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp                                                                | UTAH HSG CORP SF MTGE REVENUE                                | CUSIP: 917437XN0<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |    875000 | PA      | $880773.51    | 0.08%             | 2045-07-01      | Fixed         | 5.96%                 | No            |                  2 | On Loan: No      |
| Village Center Community Development District                                    | VLG CENTER FL CDD RECREATIONAL REVENUE                       | CUSIP: 92706NDD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13500000 | PA      | $13477442.85  | 1.27%             | 2036-11-01      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                                           | VIRGINIA ST HSG DEV AUTH CMWLTH MTGE                         | CUSIP: 92812U5G9<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |   5845000 | PA      | $5738051.70   | 0.54%             | 2049-10-01      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                                           | VIRGINIA ST HSG DEV AUTH                                     | CUSIP: 92812VC87<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4189840.00   | 0.40%             | 2040-04-01      | Fixed         | 3.33%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                                           | VIRGINIA ST HSG DEV AUTH                                     | CUSIP: 92812VD60<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3430308.80   | 0.32%             | 2040-06-01      | Fixed         | 3.52%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                                           | VIRGINIA ST HSG DEV AUTH                                     | CUSIP: 92812VF68<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |   3425000 | PA      | $2519661.19   | 0.24%             | 2045-07-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                                           | VIRGINIA HSG DEV AUTH                                        | CUSIP: 92812XED0<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |   3670000 | PA      | $3699769.94   | 0.35%             | 2044-07-01      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity Funds                                                        | BlackRock Liquidity Funds: T-Fund, Institutional Shares      | CUSIP: 09248U718<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |   4989151 | NS      | $4989151.47   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Washington State Convention Center Public Facilities District                    | WASHINGTON ST CONVENTION CENTER PUBLIC FACS DIST             | CUSIP: 93976AAH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17800000 | PA      | $19121014.54  | 1.81%             | 2040-07-01      | Fixed         | 6.79%                 | No            |                  2 | On Loan: No      |
| WESLEYAN UNIVERSITY                                                              | Wesleyan University                                          | CUSIP: 95101VAA7<br>LEI: MR0KVN5WYB7MX4TE2T37 | Long             | DBT              | CORP              | US        |  11000000 | PA      | $8486804.92   | 0.80%             | 2116-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP AMERICAN MU                                              | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        | -15342400 | PA      | $-15342400.00 | -1.45%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP TRIBOROUGH                                               | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        |  -8182125 | PA      | $-8182125.00  | -0.77%            |  |  |  | No            |                  2 | On Loan: No      |
| WEST VA HEALTH SYS OBL                                                           | West Virginia United Health System Obligated Group           | CUSIP: 956708AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  15000000 | PA      | $12734934.00  | 1.20%             | 2048-06-01      | Fixed         | 4.92%                 | No            |                  2 | On Loan: No      |
| RBC CAPITAL MARKETS LLC                                                          | RRP FLORIDA ST                                               | CUSIP: 000000000<br>LEI: 549300LCO2FLSSVFFR64 | Short            | RA               | CORP              | US        | -17865375 | PA      | $-17865375.00 | -1.69%            |  |  |  | No            |                  2 | On Loan: No      |
| RBC CAPITAL MARKETS LLC                                                          | RRP SALT RIVER                                               | CUSIP: 000000000<br>LEI: 549300LCO2FLSSVFFR64 | Short            | RA               | CORP              | US        | -15193750 | PA      | $-15193750.00 | -1.44%            |  |  |  | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                                | RRP MASSACHUSET                                              | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | Short            | RA               | CORP              | US        |  -4575000 | PA      | $-4575000.00  | -0.43%            |  |  |  | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                                | RRP NEW YORK ST                                              | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | Short            | RA               | CORP              | US        | -13106250 | PA      | $-13106250.00 | -1.24%            |  |  |  | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                                | RRP CALIFORNIA                                               | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | Short            | RA               | CORP              | US        |  -8721212 | PA      | $-8721212.50  | -0.82%            |  |  |  | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                                | RRP NJ ST TPK A                                              | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | Short            | RA               | CORP              | US        |  -7375638 | PA      | $-7375637.50  | -0.70%            |  |  |  | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                                | RRP ILLINOIS ST                                              | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | Short            | RA               | CORP              | US        | -25434856 | PA      | $-25434856.25 | -2.41%            |  |  |  | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                                | RRP OKLAHOMA DE                                              | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | Short            | RA               | CORP              | US        |  -5880938 | PA      | $-5880937.50  | -0.56%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP CALIFORNIA                                               | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        | -10113500 | PA      | $-10113500.00 | -0.96%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP AMERICAN MU                                              | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        |  -7945000 | PA      | $-7945000.00  | -0.75%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP MET GOVT NA                                              | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        | -38308331 | PA      | $-38308331.25 | -3.62%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP NEW YORK CI                                              | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        |  -7409738 | PA      | $-7409737.50  | -0.70%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP COMMONSPIRI                                              | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        |  -4775000 | PA      | $-4775000.00  | -0.45%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP NEW JERSEY                                               | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        | -18551250 | PA      | $-18551250.00 | -1.75%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP CHICAGO ILL                                              | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        | -15994981 | PA      | $-15994981.25 | -1.51%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP VIRGINIA ST                                              | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        |  -3527788 | PA      | $-3527787.50  | -0.33%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP SALT RIVER                                               | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        |  -6743344 | PA      | $-6743343.75  | -0.64%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP METROPOLITA                                              | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        |  -6562188 | PA      | $-6562187.50  | -0.62%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP HUNTINGTON                                               | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        |  -1515000 | PA      | $-1515000.00  | -0.14%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP CALIFORNIA                                               | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        | -16912500 | PA      | $-16912500.00 | -1.60%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP CALIFORNIA                                               | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        | -10209550 | PA      | $-10209550.00 | -0.97%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP CONNECTICUT                                              | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        |  -5901062 | PA      | $-5901062.50  | -0.56%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP INDIANA ST                                               | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        |  -8324625 | PA      | $-8324625.00  | -0.79%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP SOUTH CAROL                                              | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        |  -4359712 | PA      | $-4359712.50  | -0.41%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP CALIFORNIA                                               | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        | -19202562 | PA      | $-19202562.50 | -1.82%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP METROPOLITA                                              | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        | -12811050 | PA      | $-12811050.00 | -1.21%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP ILLINOIS ST                                              | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        | -10387500 | PA      | $-10387500.00 | -0.98%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP ALAMEDA CNT                                              | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        | -11852500 | PA      | $-11852500.00 | -1.12%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP CALIFORNIA                                               | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        |  -5431250 | PA      | $-5431250.00  | -0.51%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP LOUISIANA L                                              | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        |  -9506250 | PA      | $-9506250.00  | -0.90%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP MICHIGAN ST                                              | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        | -12224781 | PA      | $-12224781.25 | -1.16%            |  |  |  | No            |                  2 | On Loan: No      |
| RBC CAPITAL MARKETS LLC                                                          | RRP NEW JERSEY                                               | CUSIP: 000000000<br>LEI: 549300LCO2FLSSVFFR64 | Short            | RA               | CORP              | US        | -17573750 | PA      | $-17573750.00 | -1.66%            |  |  |  | No            |                  2 | On Loan: No      |
| RBC CAPITAL MARKETS LLC                                                          | RRP CHICAGO IL                                               | CUSIP: 000000000<br>LEI: 549300LCO2FLSSVFFR64 | Short            | RA               | CORP              | US        | -38160000 | PA      | $-38160000.00 | -3.61%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP ALASKA HSG                                               | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        |  -8671425 | PA      | $-8671425.00  | -0.82%            |  |  |  | No            |                  2 | On Loan: No      |
| WESTERN GROUP HOUSING LP                                                         | Western Group Housing LP                                     | CUSIP: 95829TAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2345429 | PA      | $2454585.73   | 0.23%             | 2057-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Western Michigan University                                                      | WSTRN MI UNIV                                                | CUSIP: 958638ZP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1135781.55   | 0.11%             | 2043-11-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Western Minnesota Municipal Power Agency                                         | WSTRN MN MUNI PWR AGY                                        | CUSIP: 958697HP2<br>LEI: 549300LFJK9CQSN2NJ11 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5423869.50   | 0.51%             | 2046-01-01      | Fixed         | 6.77%                 | No            |                  2 | On Loan: No      |
| Western Minnesota Municipal Power Agency                                         | WSTRN MN MUNI PWR AGY                                        | CUSIP: 958697LC6<br>LEI: 549300LFJK9CQSN2NJ11 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2286296.10   | 0.22%             | 2046-01-01      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| Westvaco Corp                                                                    | WESTVACO CORP NY                                             | CUSIP: 961548AR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9400000 | PA      | $9607075.51   | 0.91%             | 2027-01-15      | Fixed         | 7.67%                 | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP TEXAS NAT G                                              | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        |  -9962500 | PA      | $-9962500.00  | -0.94%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP CALIFORNIA                                               | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        |  -5093750 | PA      | $-5093750.00  | -0.48%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP NEW YORK N                                               | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        |  -6107875 | PA      | $-6107875.00  | -0.58%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP NEW JERSEY                                               | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        |  -5737500 | PA      | $-5737500.00  | -0.54%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP ILLINOIS ST                                              | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        |  -6580700 | PA      | $-6580700.00  | -0.62%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP TENNESSEE S                                              | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        |  -3218406 | PA      | $-3218406.25  | -0.30%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP MICHIGAN ST                                              | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        |  -4688212 | PA      | $-4688212.50  | -0.44%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP NEW CANEY T                                              | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        |  -4794562 | PA      | $-4794562.50  | -0.45%            |  |  |  | No            |                  2 | On Loan: No      |
| RBC CAPITAL MARKETS LLC                                                          | RRP MICHIGAN ST                                              | CUSIP: 000000000<br>LEI: 549300LCO2FLSSVFFR64 | Short            | RA               | CORP              | US        |   -694025 | PA      | $-694025.00   | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| BRIGHTLINE WEST EQ WARRANTS                                                      | BRIGHTLINE WEST EQ WARRANTS                                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |     27664 | NS      | $45645.60     | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP SONOMA CNTY                                              | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        |  -6436362 | PA      | $-6436362.50  | -0.61%            |  |  |  | No            |                  2 | On Loan: No      |
| RBC CAPITAL MARKETS LLC                                                          | RRP ASCENSION H                                              | CUSIP: 000000000<br>LEI: 549300LCO2FLSSVFFR64 | Short            | RA               | CORP              | US        |  -4565938 | PA      | $-4565937.50  | -0.43%            |  |  |  | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                                | RRP WESLEYAN UN                                              | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | Short            | RA               | CORP              | US        |  -7878750 | PA      | $-7878750.00  | -0.75%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES USA LLC                                                            | RRP ILLINOIS MU                                              | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        |  -5560625 | PA      | $-5560625.00  | -0.53%            |  |  |  | No            |                  2 | On Loan: No      |
| TD Securities USA LLC                                                            | BYJ08ZBS6 RRP IDAHO HSG +                                    | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        |  -9934925 | PA      | $-9934925.00  | -0.94%            |  |  |  | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                                | BYJ0WJ149 RRP SUTTER HEAL                                    | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | Short            | RA               | CORP              | US        | -10319538 | PA      | $-10319537.50 | -0.98%            |  |  |  | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                                | BYJ0WJ123 RRP META PLATFO                                    | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | Short            | RA               | CORP              | US        | -11467562 | PA      | $-11467562.50 | -1.08%            |  |  |  | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                                | BYJ0YZ6V6 RRP ABBVIE INC                                     | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | Short            | RA               | CORP              | US        |  -8658000 | PA      | $-8658000.00  | -0.82%            |  |  |  | No            |                  2 | On Loan: No      |
| TD Securities USA LLC                                                            | BYJ1VC0M4 RRP OCHSNER CLI                                    | CUSIP: 000000000<br>LEI: SUVUFHICNZMP2WKHG940 | Short            | RA               | CORP              | US        |  -4693750 | PA      | $-4693750.00  | -0.44%            |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                                           | US LONG BOND(CBT) JUN26                                      | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      -577 | NC      | $2136721.01   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                                           | US 10YR NOTE (CBT)JUN26                                      | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      -343 | NC      | $619027.31    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** BlackRock Taxable Municipal Bond Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer