# EDGAR Filing Document

**Accession Number:** 0000901243
**File Stem:** 0001410368-25-043499
**Filing Date:** 2025-12
**Character Count:** 330259
**Document Hash:** 9231bd1590fc32bf1945317409abf776
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-043499.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0001410368-25-043499

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK MUNIASSETS FUND, INC.
- **CENTRAL INDEX KEY:** 0000901243

**ORGANIZATION NAME:**
- **EIN:** 223239638
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07642
- **FILM NUMBER:** 251606941

**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:** MUNIASSETS FUND INC
- **DATE OF NAME CHANGE:** 19930714

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MUNIINCOME FUND INC
- **DATE OF NAME CHANGE:** 19930517

## Nport-Ex

October 31, 2025

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

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

**BlackRock MuniAssets Fund, Inc. (MUA)**<br>

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

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

------

Schedule of Investments (unaudited)

October 31, 2025

**BlackRock MuniAssets Fund, Inc. (MUA)** 

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

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

---

| | | |
|:---|:---|:---|
| *Security* | <br>*Shares*<br>| *Value* |
| **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Construction & Engineering — 0.2%** | **Construction & Engineering — 0.2%** |  |
| TimberHp By Go Lab, Inc.<sup>(a)(b)</sup> | 129263 | &nbsp;&nbsp; $867355 |
| **Total Common Stocks — 0.2%** <br>**(Cost: $—)** | **Total Common Stocks — 0.2%** <br>**(Cost: $—)** | &nbsp;&nbsp; 867355 |

---

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

---

| | | |
|:---|:---|:---|
|  | *Par* <br>*(000)*<br>|  |
| **Corporate Bonds** | **Corporate Bonds** | **Corporate Bonds** |
| **Commercial Services & Supplies — 0.4%** | **Commercial Services & Supplies — 0.4%** | **Commercial Services & Supplies — 0.4%** |
| Grand Canyon University, 5.13%, 10/01/28 | $1570 | &nbsp;&nbsp; 1555000 |
| **Total Corporate Bonds — 0.4%** <br>**(Cost: $1,570,000)** | **Total Corporate Bonds — 0.4%** <br>**(Cost: $1,570,000)** | &nbsp;&nbsp; 1555000 |
| **Municipal Bonds** | **Municipal Bonds** | **Municipal Bonds** |
| **Alabama — 5.8%** | **Alabama — 5.8%** |  |
| &nbsp;&nbsp;&nbsp; Baldwin County Industrial Development Authority, RB, <br> Series A, AMT, 5.00%, 06/01/55<sup>(c)(d)</sup><br>| 1435 | &nbsp;&nbsp; 1477134 |
| Black Belt Energy Gas District, RB<sup>(c)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 01/01/54 | 3085 | &nbsp;&nbsp; 3322824 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 05/01/56 | 1540 | &nbsp;&nbsp; 1604646 |
| &nbsp;&nbsp;&nbsp; Series F, 5.50%, 11/01/53 | 615 | &nbsp;&nbsp; 649969 |
| &nbsp;&nbsp;&nbsp; Black Belt Energy Gas District, Refunding RB, 4.00%, <br> 06/01/51<sup>(c)</sup><br>| 1855 | &nbsp;&nbsp; 1916422 |
| &nbsp;&nbsp;&nbsp; County of Jefferson Alabama Sewer Revenue, <br> Refunding RB, 5.50%, 10/01/53<br>| 5645 | &nbsp;&nbsp; 5947901 |
| &nbsp;&nbsp;&nbsp; Hoover Industrial Development Board, RB, AMT, <br> Sustainability Bonds, 6.38%, 11/01/50<sup>(c)</sup><br>| 2140 | &nbsp;&nbsp; 2360275 |
| MidCity Improvement District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 11/01/42 | 255 | &nbsp;&nbsp; 229652 |
| &nbsp;&nbsp;&nbsp; 4.75%, 11/01/49 | 270 | &nbsp;&nbsp; 239793 |
| Mobile County Industrial Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 06/01/54 | 4545 | &nbsp;&nbsp; 4409181 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 4.75%, 12/01/54 | 1840 | &nbsp;&nbsp; 1717365 |
| &nbsp;&nbsp;&nbsp; Southeast Energy Authority A Cooperative District, RB, <br> Series A, 5.00%, 01/01/56<sup>(c)</sup><br>| 1220 | &nbsp;&nbsp; 1306028 |
| &nbsp;&nbsp;&nbsp; Tuscaloosa County Industrial Development Authority, <br> Refunding RB, Series A, 5.25%, 05/01/44<sup>(d)</sup><br>| 335 | &nbsp;&nbsp; 337170 |
|  |  | &nbsp;&nbsp; 25518360 |
| **Arizona — 4.3%** | **Arizona — 4.3%** |  |
| Arizona Industrial Development Authority, RB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 7.10%, 01/01/55 | 1670 | &nbsp;&nbsp; 1678470 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 12/15/39 | 250 | &nbsp;&nbsp; 250331 |
| &nbsp;&nbsp;&nbsp; Series B, 5.13%, 07/01/47 | 665 | &nbsp;&nbsp; 625671 |
| &nbsp;&nbsp;&nbsp; Arizona Industrial Development Authority, Refunding <br> RB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 07/01/52 | 1775 | &nbsp;&nbsp; 1661396 |
| &nbsp;&nbsp;&nbsp; Series A, 5.13%, 07/01/37 | 960 | &nbsp;&nbsp; 963188 |
| &nbsp;&nbsp;&nbsp; Glendale Industrial Development Authority, RB, 5.00%, <br> 05/15/56<br>| 100 | &nbsp;&nbsp; 86293 |
| &nbsp;&nbsp;&nbsp; Industrial Development Authority of the City of Phoenix <br> Arizona, Refunding RB, 5.00%, 07/01/45<sup>(d)</sup><br>| 255 | &nbsp;&nbsp; 248342 |
| &nbsp;&nbsp;&nbsp; Industrial Development Authority of the County of Pima, <br> Refunding RB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 06/15/51 | 1555 | &nbsp;&nbsp; 1226016 |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/56 | 460 | &nbsp;&nbsp; 365905 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Arizona (continued)** | **Arizona (continued)** |  |
| &nbsp;&nbsp;&nbsp; La Paz County Industrial Development Authority, RB, <br> 5.88%, 06/15/48<sup>(d)</sup><br>| 875 | &nbsp;&nbsp; $819746 |
| Maricopa County Industrial Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 7.38%, 10/01/29<sup>(d)</sup> | 875 | &nbsp;&nbsp; 918261 |
| &nbsp;&nbsp;&nbsp; 5.25%, 10/01/40<sup>(d)</sup> | 465 | &nbsp;&nbsp; 394264 |
| &nbsp;&nbsp;&nbsp; 5.50%, 10/01/51<sup>(d)</sup> | 465 | &nbsp;&nbsp; 361879 |
| &nbsp;&nbsp;&nbsp; Series A, 3.00%, 09/01/51 | 5155 | &nbsp;&nbsp; 3679178 |
| &nbsp;&nbsp;&nbsp; AMT, 4.00%, 10/15/47<sup>(d)</sup> | 1995 | &nbsp;&nbsp; 1697695 |
| Salt Verde Financial Corp., RB, 5.00%, 12/01/37 | 1650 | &nbsp;&nbsp; 1805472 |
| Sierra Vista Industrial Development Authority, RB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/15/34 | 55 | &nbsp;&nbsp; 57510 |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/15/44 | 515 | &nbsp;&nbsp; 495784 |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/15/54 | 575 | &nbsp;&nbsp; 526642 |
| &nbsp;&nbsp;&nbsp; 6.30%, 06/15/54 | 230 | &nbsp;&nbsp; 236382 |
| &nbsp;&nbsp;&nbsp; 6.38%, 06/15/64 | 460 | &nbsp;&nbsp; 471918 |
|  |  | &nbsp;&nbsp; 18570343 |
| **Arkansas — 1.9%** | **Arkansas — 1.9%** |  |
| Arkansas Development Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, 4.75%, 09/01/49<sup>(d)</sup> | 1500 | &nbsp;&nbsp; 1458543 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 7.38%, 07/01/48<sup>(d)</sup> | 2800 | &nbsp;&nbsp; 3043415 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 5.45%, 09/01/52 | 2325 | &nbsp;&nbsp; 2335057 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series A, AMT, Sustainability Bonds, 6.88%, <br> 07/01/48<sup>(d)</sup><br>| 1300 | &nbsp;&nbsp; 1400543 |
|  |  | &nbsp;&nbsp; 8237558 |
| **California — 6.7%** | **California — 6.7%** |  |
| &nbsp;&nbsp;&nbsp; California Housing Finance Agency, RB, M/F Housing, <br> Series P-S, Subordinate, 8.00%, 07/01/67<sup>(c)(d)</sup><br>| 1900 | &nbsp;&nbsp; 1928245 |
| &nbsp;&nbsp;&nbsp; California Infrastructure & Economic Development Bank, <br> Refunding RB, Series A, Class B, AMT, Sustainability <br> Bonds, 9.50%, 01/01/65<sup>(c)(d)</sup><br>| 14990 | &nbsp;&nbsp; 11992000 |
| &nbsp;&nbsp;&nbsp; California Municipal Finance Authority, RB, M/F Housing, <br> Series A-S, Subordinate, 8.00%, 09/01/55<sup>(c)(d)</sup><br>| 765 | &nbsp;&nbsp; 783860 |
| &nbsp;&nbsp;&nbsp; California Public Finance Authority, RB, Series A, 6.38%, <br> 06/01/59<sup>(d)</sup><br>| 2415 | &nbsp;&nbsp; 2270148 |
| California School Finance Authority, RB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 7.00%, 06/01/54 | 1810 | &nbsp;&nbsp; 1654290 |
| &nbsp;&nbsp;&nbsp; Series B, 9.00%, 06/01/34 | 180 | &nbsp;&nbsp; 184700 |
| &nbsp;&nbsp;&nbsp; California Statewide Financing Authority, RB, Series B, <br> 6.00%, 05/01/43<br>| 1650 | &nbsp;&nbsp; 1653692 |
| &nbsp;&nbsp;&nbsp; CSCDA Community Improvement Authority, RB, M/F <br> Housing<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 3.00%, 09/01/56 | 1570 | &nbsp;&nbsp; 1074922 |
| &nbsp;&nbsp;&nbsp; Mezzanine Lien, 4.00%, 03/01/57 | 700 | &nbsp;&nbsp; 517224 |
| &nbsp;&nbsp;&nbsp; Sustainability Bonds, 4.00%, 07/01/58 | 380 | &nbsp;&nbsp; 243519 |
| &nbsp;&nbsp;&nbsp; Series B, Sustainability Bonds, 4.00%, 07/01/58 | 435 | &nbsp;&nbsp; 238828 |
| &nbsp;&nbsp;&nbsp; Golden State Tobacco Securitization Corp., Refunding <br> RB, CAB, Series B-2, Subordinate, 0.00%, <br> 06/01/66<sup>(e)</sup><br>| 27650 | &nbsp;&nbsp; 2928456 |
| &nbsp;&nbsp;&nbsp; Hastings Campus Housing Finance Authority, RB, CAB, <br> Sub-Series A, Sustainability Bonds, 6.75%, <br> 07/01/61<sup>(d)(f)</sup><br>| 1705 | &nbsp;&nbsp; 828693 |
| &nbsp;&nbsp;&nbsp; Inland Empire Tobacco Securitization Corp., RB, <br> Series C-1, 0.00%, 06/01/36<sup>(e)</sup><br>| 5090 | &nbsp;&nbsp; 2470936 |
| &nbsp;&nbsp;&nbsp; Rancho Mirage Community Facilities District, ST, <br> Series A, 5.00%, 09/01/49<br>| 270 | &nbsp;&nbsp; 273710 |
|  |  | &nbsp;&nbsp; 29043223 |
| **Colorado — 5.8%** | **Colorado — 5.8%** |  |
| &nbsp;&nbsp;&nbsp; 9th Avenue Metropolitan District No. 2, GOL, 5.00%, <br> 12/01/48<br>| 910 | &nbsp;&nbsp; 900077 |

---

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**BlackRock MuniAssets Fund, Inc. (MUA)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Colorado (continued)** | **Colorado (continued)** |  |
| &nbsp;&nbsp;&nbsp; Banning Lewis Ranch Metropolitan District No. 8, GOL, <br> 4.88%, 12/01/51<sup>(d)</sup><br>| 665 | &nbsp;&nbsp; $593930 |
| &nbsp;&nbsp;&nbsp; Baseline Metropolitan District No. 1, GO, Series B, <br> Subordinate, 6.75%, 12/15/54<br>| 690 | &nbsp;&nbsp; 699863 |
| &nbsp;&nbsp;&nbsp; Canyons Metropolitan District No. 5, Refunding GOL, <br> Series B, Subordinate, 6.50%, 12/15/54<br>| 625 | &nbsp;&nbsp; 628415 |
| &nbsp;&nbsp;&nbsp; Centerra Metropolitan District No. 1, TA, 5.00%, <br> 12/01/47<sup>(d)</sup><br>| 575 | &nbsp;&nbsp; 570060 |
| &nbsp;&nbsp;&nbsp; City & County of Denver Colorado Airport System <br> Revenue, Refunding ARB, Series A, AMT, 4.13%, <br> 11/15/53<br>| 1025 | &nbsp;&nbsp; 927298 |
| &nbsp;&nbsp;&nbsp; Colorado Educational & Cultural Facilities Authority, RB, <br> Series B, Subordinate Lien, 8.50%, 02/01/59<sup>(d)</sup><br>| 3065 | &nbsp;&nbsp; 3391154 |
| Colorado Health Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 11/01/47 | 265 | &nbsp;&nbsp; 279297 |
| &nbsp;&nbsp;&nbsp; 5.25%, 11/01/52 | 555 | &nbsp;&nbsp; 572881 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 05/15/35 | 355 | &nbsp;&nbsp; 327343 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 05/15/44 | 385 | &nbsp;&nbsp; 303192 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 05/15/49 | 750 | &nbsp;&nbsp; 554945 |
| &nbsp;&nbsp;&nbsp; Creekwalk Marketplace Business Improvement District, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 6.00%, 12/01/54 | 2525 | &nbsp;&nbsp; 2508160 |
| &nbsp;&nbsp;&nbsp; Series B, 8.00%, 12/15/54 | 627 | &nbsp;&nbsp; 628822 |
| &nbsp;&nbsp;&nbsp; Elbert County Independence Water & Sanitation District, <br> Refunding RB, 5.13%, 12/01/33<br>| 500 | &nbsp;&nbsp; 518480 |
| &nbsp;&nbsp;&nbsp; Gold Hill North Business Improvement District, GOL, <br> Series A, 5.60%, 12/01/54<sup>(d)</sup><br>| 500 | &nbsp;&nbsp; 493013 |
| &nbsp;&nbsp;&nbsp; Green Valley Ranch East Metropolitan District No. 6, <br> GOL, Series A, 5.88%, 12/01/50<br>| 935 | &nbsp;&nbsp; 948403 |
| &nbsp;&nbsp;&nbsp; Independence Metropolitan District No. 3, GOL, <br> Series B, Subordinate, 7.13%, 12/15/54<br>| 500 | &nbsp;&nbsp; 503612 |
| &nbsp;&nbsp;&nbsp; Independence Metropolitan District No. 3, Refunding <br> GOL, Series A, 5.38%, 12/01/54<br>| 851 | &nbsp;&nbsp; 853265 |
| &nbsp;&nbsp;&nbsp; Inspiration Metropolitan District, GOL, Series B, <br> Subordinate, 5.00%, 12/15/36<br>| 670 | &nbsp;&nbsp; 632725 |
| &nbsp;&nbsp;&nbsp; Lanterns Metropolitan District No. 2, GOL, Series A, <br> 4.50%, 12/01/50<br>| 520 | &nbsp;&nbsp; 402998 |
| &nbsp;&nbsp;&nbsp; Loretto Heights Community Authority, RB, 4.88%, <br> 12/01/51<br>| 790 | &nbsp;&nbsp; 626618 |
| &nbsp;&nbsp;&nbsp; North Holly Metropolitan District, GOL, Series A, 5.50%, <br> 12/01/48<br>| 500 | &nbsp;&nbsp; 500956 |
| &nbsp;&nbsp;&nbsp; Palisade Metropolitan District No. 2, Refunding RB, CAB, <br> Series B, Convertible, 5.88%, 12/15/54<sup>(d)(f)</sup><br>| 1170 | &nbsp;&nbsp; 1108611 |
| &nbsp;&nbsp;&nbsp; Prairie Farm Metropolitan District, GOL, Series A, 5.25%, <br> 12/01/48<br>| 736 | &nbsp;&nbsp; 735945 |
| &nbsp;&nbsp;&nbsp; Redtail Ridge Metropolitan District, GOL, CAB, 0.00%, <br> 12/01/32<sup>(e)</sup><br>| 4864 | &nbsp;&nbsp; 3022156 |
| &nbsp;&nbsp;&nbsp; Sojourn at Idlewild Metropolitan District, GOL, Series A, <br> 6.13%, 12/01/55<sup>(d)</sup><br>| 500 | &nbsp;&nbsp; 515454 |
| &nbsp;&nbsp;&nbsp; St. Vrain Lakes Metropolitan District No. 4, GOL, CAB, <br> Series A, 6.75%, 09/20/54<sup>(d)(f)</sup><br>| 1035 | &nbsp;&nbsp; 726128 |
| &nbsp;&nbsp;&nbsp; Waters' Edge Metropolitan District No. 2, GOL, 5.00%, <br> 12/01/51<br>| 790 | &nbsp;&nbsp; 738071 |
|  |  | &nbsp;&nbsp; 25211872 |
| **Connecticut — 1.6%** | **Connecticut — 1.6%** |  |
| &nbsp;&nbsp;&nbsp; Connecticut State Health & Educational Facilities <br> Authority, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/55<sup>(d)</sup> | 325 | &nbsp;&nbsp; 269871 |
| &nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, 5.38%, 07/01/54 | 1105 | &nbsp;&nbsp; 1082492 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Connecticut (continued)** | **Connecticut (continued)** |  |
| &nbsp;&nbsp;&nbsp; Mohegan Tribal Finance Authority, RB, 7.00%, <br> 02/01/45<sup>(d)</sup><br>| 3805 | &nbsp;&nbsp; $3834822 |
| &nbsp;&nbsp;&nbsp; Mohegan Tribe of Indians of Connecticut, RB, Series A, <br> 6.75%, 02/01/45<sup>(d)</sup><br>| 930 | &nbsp;&nbsp; 937372 |
| Stamford Housing Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 6.50%, 10/01/55 | 445 | &nbsp;&nbsp; 453960 |
| &nbsp;&nbsp;&nbsp; Series A, 6.25%, 10/01/60 | 310 | &nbsp;&nbsp; 310141 |
|  |  | &nbsp;&nbsp; 6888658 |
| **Delaware**<sup>(d)</sup> **— 0.4%** | **Delaware**<sup>(d)</sup> **— 0.4%** |  |
| &nbsp;&nbsp;&nbsp; Affordable Housing Opportunities Trust, RB, Series AH-<br> 01, Class B, 6.88%, 05/01/39<br>| 1205 | &nbsp;&nbsp; 1210043 |
| Town of Bridgeville Delaware, ST |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 07/01/44 | 100 | &nbsp;&nbsp; 101130 |
| &nbsp;&nbsp;&nbsp; 5.63%, 07/01/53 | 120 | &nbsp;&nbsp; 122134 |
| Town of Milton Delaware, ST |  |  |
| &nbsp;&nbsp;&nbsp; 5.70%, 09/01/44 | 150 | &nbsp;&nbsp; 151106 |
| &nbsp;&nbsp;&nbsp; 5.95%, 09/01/53 | 400 | &nbsp;&nbsp; 406096 |
|  |  | &nbsp;&nbsp; 1990509 |
| **District of Columbia — 0.0%** | **District of Columbia — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; District of Columbia Tobacco Settlement Financing <br> Corp., RB, Series A, 0.00%, 06/15/46<sup>(e)</sup><br>| 995 | &nbsp;&nbsp; 230552 |
| **Florida — 17.6%** | **Florida — 17.6%** |  |
| &nbsp;&nbsp;&nbsp; Alachua County Housing Finance Authority, RB, M/F <br> Housing, Series A, 6.30%, 07/01/55<sup>(c)(d)</sup><br>| 500 | &nbsp;&nbsp; 523755 |
| Antillia Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.60%, 05/01/44 | 120 | &nbsp;&nbsp; 122361 |
| &nbsp;&nbsp;&nbsp; 5.88%, 05/01/54 | 150 | &nbsp;&nbsp; 152802 |
| &nbsp;&nbsp;&nbsp; Babcock Ranch Community Independent Special <br> District, SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series 2022, 5.00%, 05/01/42 | 510 | &nbsp;&nbsp; 516981 |
| &nbsp;&nbsp;&nbsp; Series 2022, 5.00%, 05/01/53 | 385 | &nbsp;&nbsp; 371850 |
| &nbsp;&nbsp;&nbsp; Bella Collina Community Development District, SAB, <br> 5.30%, 05/01/55<br>| 210 | &nbsp;&nbsp; 209828 |
| Bella Tara Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 05/01/45 | 370 | &nbsp;&nbsp; 383313 |
| &nbsp;&nbsp;&nbsp; 6.13%, 05/01/56 | 560 | &nbsp;&nbsp; 580514 |
| &nbsp;&nbsp;&nbsp; Bellehaven Community Development District, SAB, <br> 6.05%, 05/01/55<br>| 610 | &nbsp;&nbsp; 630060 |
| &nbsp;&nbsp;&nbsp; Berry Bay II Community Development District, SAB, <br> Series 2024, 5.45%, 05/01/54<br>| 310 | &nbsp;&nbsp; 305340 |
| &nbsp;&nbsp;&nbsp; Boggy Creek Improvement District, Refunding SAB, <br> Series 2013, 5.13%, 05/01/43<br>| 1135 | &nbsp;&nbsp; 1135078 |
| &nbsp;&nbsp;&nbsp; Brevard County Health Facilities Authority, Refunding <br> RB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 11/15/25 | 460 | &nbsp;&nbsp; 459836 |
| &nbsp;&nbsp;&nbsp; 4.00%, 11/15/27 | 495 | &nbsp;&nbsp; 487525 |
| &nbsp;&nbsp;&nbsp; 4.00%, 11/15/29 | 435 | &nbsp;&nbsp; 423304 |
| &nbsp;&nbsp;&nbsp; 4.00%, 11/15/32 | 450 | &nbsp;&nbsp; 429408 |
| &nbsp;&nbsp;&nbsp; 4.00%, 11/15/35 | 675 | &nbsp;&nbsp; 625506 |
| Buckhead Trails Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 05/01/54 | 310 | &nbsp;&nbsp; 311837 |
| &nbsp;&nbsp;&nbsp; Series 2022, 5.75%, 05/01/52 | 400 | &nbsp;&nbsp; 408924 |
| &nbsp;&nbsp;&nbsp; Cabot Citrus Farms Community Development District, <br> SAB, 5.25%, 03/01/29<br>| 1070 | &nbsp;&nbsp; 1083259 |
| &nbsp;&nbsp;&nbsp; Capital Projects Finance Authority, RB, 6.13%, <br> 06/15/44<sup>(d)</sup><br>| 190 | &nbsp;&nbsp; 194804 |
| &nbsp;&nbsp;&nbsp; Capital Region Community Development District, <br> Refunding SAB, Series A-1, 5.13%, 05/01/39<br>| 1320 | &nbsp;&nbsp; 1340904 |
| Capital Trust Agency, Inc., RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/01/55<sup>(d)</sup> | 2640 | &nbsp;&nbsp; 2237595 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**BlackRock MuniAssets Fund, Inc. (MUA)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Florida (continued)** | **Florida (continued)** |  |
| Capital Trust Agency, Inc., RB (continued) |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.75%, 06/01/54<sup>(d)</sup> | $940 | &nbsp;&nbsp; $789361 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 12/15/54 | 400 | &nbsp;&nbsp; 352343 |
| &nbsp;&nbsp;&nbsp; Capital Trust Agency, Inc., RB, CAB, 0.00%, <br> 07/01/61<sup>(d)(e)</sup><br>| 16865 | &nbsp;&nbsp; 1489933 |
| Capital Trust Authority, RB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/44 | 260 | &nbsp;&nbsp; 245215 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 07/01/54 | 460 | &nbsp;&nbsp; 421782 |
| Capital Trust Authority, Refunding RB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.75%, 06/15/40 | 160 | &nbsp;&nbsp; 154048 |
| &nbsp;&nbsp;&nbsp; Series A, 5.13%, 06/15/50 | 150 | &nbsp;&nbsp; 137307 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 06/15/59 | 205 | &nbsp;&nbsp; 186829 |
| Coastal Ridge Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 05/01/45 | 715 | &nbsp;&nbsp; 737992 |
| &nbsp;&nbsp;&nbsp; 6.00%, 05/01/55 | 550 | &nbsp;&nbsp; 566213 |
| &nbsp;&nbsp;&nbsp; Coral Creek Community Development District, SAB, <br> 5.75%, 05/01/54<br>| 200 | &nbsp;&nbsp; 202873 |
| &nbsp;&nbsp;&nbsp; County of Miami-Dade Florida Aviation Revenue, <br> Refunding ARB, Series A, AMT, 5.00%, 10/01/49<br>| 5000 | &nbsp;&nbsp; 5024579 |
| County of Okaloosa Florida, RB, 5.75%, 05/15/60<sup>(d)</sup> | 550 | &nbsp;&nbsp; 556332 |
| &nbsp;&nbsp;&nbsp; County of Osceola Florida Transportation Revenue, <br> Refunding RB, CAB<sup>(e)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-2, 0.00%, 10/01/48 | 875 | &nbsp;&nbsp; 259154 |
| &nbsp;&nbsp;&nbsp; Series A-2, 0.00%, 10/01/49 | 730 | &nbsp;&nbsp; 203355 |
| &nbsp;&nbsp;&nbsp; Series A-2, 0.00%, 10/01/54 | 2875 | &nbsp;&nbsp; 603764 |
| &nbsp;&nbsp;&nbsp; Crosswinds East Community Development District, SAB, <br> 5.75%, 05/01/54<br>| 165 | &nbsp;&nbsp; 167706 |
| Curiosity Creek Community Development District, SAB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.40%, 05/01/44 | 145 | &nbsp;&nbsp; 145623 |
| &nbsp;&nbsp;&nbsp; 5.70%, 05/01/55 | 235 | &nbsp;&nbsp; 235400 |
| &nbsp;&nbsp;&nbsp; Cypress Creek Reserve Community Development <br> District, SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 05/01/45 | 100 | &nbsp;&nbsp; 103737 |
| &nbsp;&nbsp;&nbsp; 6.00%, 05/01/56 | 300 | &nbsp;&nbsp; 310239 |
| &nbsp;&nbsp;&nbsp; Darby Community Development District, SAB, <br> Series A-2, 5.88%, 05/01/35<br>| 700 | &nbsp;&nbsp; 737110 |
| Florida Development Finance Corp., RB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.75%, 06/15/29 | 560 | &nbsp;&nbsp; 560469 |
| &nbsp;&nbsp;&nbsp; Series A, 6.00%, 06/15/34 | 835 | &nbsp;&nbsp; 835816 |
| &nbsp;&nbsp;&nbsp; Series A, 6.13%, 06/15/44 | 3180 | &nbsp;&nbsp; 3180614 |
| &nbsp;&nbsp;&nbsp; Series A, 5.13%, 06/15/55 | 3645 | &nbsp;&nbsp; 3042712 |
| &nbsp;&nbsp;&nbsp; Series B, 4.50%, 12/15/56 | 3985 | &nbsp;&nbsp; 2632450 |
| &nbsp;&nbsp;&nbsp; Series C, 5.75%, 12/15/56 | 1325 | &nbsp;&nbsp; 965371 |
| &nbsp;&nbsp;&nbsp; Class A, AMT, 4.38%, 10/01/54<sup>(c)</sup> | 880 | &nbsp;&nbsp; 893186 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 0.00%, 07/15/59<sup>(b)(c)(g)</sup> | 2850 | &nbsp;&nbsp; 1339500 |
| Florida Development Finance Corp., Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, 0.00%, 07/15/32<sup>(b)(c)(d)(g)</sup> | 2070 | &nbsp;&nbsp; 972900 |
| &nbsp;&nbsp;&nbsp; AMT, (AGM), 5.00%, 07/01/44 | 2975 | &nbsp;&nbsp; 2961870 |
| &nbsp;&nbsp;&nbsp; AMT, (AGM), 5.25%, 07/01/47 | 700 | &nbsp;&nbsp; 696394 |
| &nbsp;&nbsp;&nbsp; Florida Local Government Finance Commission, RB, <br> 6.75%, 11/15/55<sup>(d)</sup><br>| 1475 | &nbsp;&nbsp; 1533524 |
| &nbsp;&nbsp;&nbsp; Gas Worx Community Development District, SAB, <br> 5.75%, 05/01/45<sup>(d)</sup><br>| 550 | &nbsp;&nbsp; 564962 |
| &nbsp;&nbsp;&nbsp; Golden Gem Community Development District, SAB, <br> 6.00%, 05/01/55<br>| 1700 | &nbsp;&nbsp; 1728753 |
| Greenbriar Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.65%, 05/01/45 | 230 | &nbsp;&nbsp; 232791 |
| &nbsp;&nbsp;&nbsp; 5.88%, 05/01/54 | 275 | &nbsp;&nbsp; 277774 |
| &nbsp;&nbsp;&nbsp; Hammock Oaks Community Development District, SAB, <br> 5.85%, 05/01/44<br>| 350 | &nbsp;&nbsp; 356579 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Florida (continued)** | **Florida (continued)** |  |
| &nbsp;&nbsp;&nbsp; Hillcrest Preserve Community Development District, <br> SAB, 5.30%, 05/01/54<sup>(d)</sup><br>| $340 | &nbsp;&nbsp; $332391 |
| &nbsp;&nbsp;&nbsp; Hobe-St Lucie Conservancy District, SAB, 5.88%, <br> 05/01/55<br>| 240 | &nbsp;&nbsp; 245788 |
| Ibis Landing Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.70%, 06/15/45 | 115 | &nbsp;&nbsp; 119267 |
| &nbsp;&nbsp;&nbsp; 5.88%, 06/15/55 | 150 | &nbsp;&nbsp; 154348 |
| &nbsp;&nbsp;&nbsp; Kings Creek I Community Development District, SAB, <br> 6.00%, 05/01/55<br>| 525 | &nbsp;&nbsp; 537455 |
| Kissimmee Park Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 05/01/45 | 340 | &nbsp;&nbsp; 352234 |
| &nbsp;&nbsp;&nbsp; 6.13%, 05/01/56 | 275 | &nbsp;&nbsp; 285074 |
| Lakewood Ranch Stewardship District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/01/39<sup>(d)</sup> | 90 | &nbsp;&nbsp; 93153 |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/01/40 | 415 | &nbsp;&nbsp; 437164 |
| &nbsp;&nbsp;&nbsp; 5.80%, 05/01/45 | 495 | &nbsp;&nbsp; 513866 |
| &nbsp;&nbsp;&nbsp; 5.13%, 05/01/46 | 675 | &nbsp;&nbsp; 675375 |
| &nbsp;&nbsp;&nbsp; 5.65%, 05/01/48<sup>(d)</sup> | 65 | &nbsp;&nbsp; 66155 |
| &nbsp;&nbsp;&nbsp; 6.00%, 05/01/56 | 1400 | &nbsp;&nbsp; 1449094 |
| &nbsp;&nbsp;&nbsp; Series 1B, 4.75%, 05/01/29 | 490 | &nbsp;&nbsp; 499114 |
| &nbsp;&nbsp;&nbsp; Series 1B, 5.30%, 05/01/39 | 645 | &nbsp;&nbsp; 658229 |
| &nbsp;&nbsp;&nbsp; Series 1B, 5.45%, 05/01/48 | 1150 | &nbsp;&nbsp; 1165361 |
| &nbsp;&nbsp;&nbsp; Laurel Road Community Development District, SAB, <br> Series A-1, 2.60%, 05/01/26<br>| 80 | &nbsp;&nbsp; 79392 |
| &nbsp;&nbsp;&nbsp; Lee County Industrial Development Authority, RB, <br> Series B-1, 4.75%, 11/15/29<br>| 375 | &nbsp;&nbsp; 377474 |
| Malabar Springs Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.20%, 05/01/44 | 230 | &nbsp;&nbsp; 228670 |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/01/54 | 345 | &nbsp;&nbsp; 339842 |
| Marion Ranch Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.70%, 05/01/44 | 190 | &nbsp;&nbsp; 193852 |
| &nbsp;&nbsp;&nbsp; 5.95%, 05/01/54 | 200 | &nbsp;&nbsp; 204062 |
| &nbsp;&nbsp;&nbsp; Midtown Miami Community Development District, <br> Refunding SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 05/01/37 | 845 | &nbsp;&nbsp; 845355 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 05/01/37 | 495 | &nbsp;&nbsp; 495208 |
| &nbsp;&nbsp;&nbsp; Newfield Community Development District, SAB, 5.90%, <br> 05/01/56<br>| 965 | &nbsp;&nbsp; 989632 |
| &nbsp;&nbsp;&nbsp; Normandy Community Development District, SAB, <br> 5.55%, 05/01/54<sup>(d)</sup><br>| 570 | &nbsp;&nbsp; 551352 |
| &nbsp;&nbsp;&nbsp; North AR-1 Pasco Community Development District, <br> SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.75%, 05/01/44 | 60 | &nbsp;&nbsp; 61583 |
| &nbsp;&nbsp;&nbsp; Series A, 6.00%, 05/01/54 | 100 | &nbsp;&nbsp; 102500 |
| &nbsp;&nbsp;&nbsp; North Powerline Road Community Development District, <br> SAB, 5.63%, 05/01/52<sup>(d)</sup><br>| 910 | &nbsp;&nbsp; 937867 |
| &nbsp;&nbsp;&nbsp; North River Ranch Community Development District, <br> SAB, Series A-2, 4.20%, 05/01/35<br>| 100 | &nbsp;&nbsp; 100000 |
| &nbsp;&nbsp;&nbsp; Ormond Crossings West Community Development <br> District<sup>(d)(h)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 11/01/47 | 300 | &nbsp;&nbsp; 300096 |
| &nbsp;&nbsp;&nbsp; 11/01/57 | 400 | &nbsp;&nbsp; 399960 |
| &nbsp;&nbsp;&nbsp; Parrish Lakes Community Development District, SAB, <br> 5.80%, 05/01/54<br>| 595 | &nbsp;&nbsp; 600570 |
| &nbsp;&nbsp;&nbsp; Poitras East Community Development District, SAB, <br> 5.00%, 05/01/43<br>| 690 | &nbsp;&nbsp; 702942 |
| Reflection Bay Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 05/01/45 | 150 | &nbsp;&nbsp; 153344 |
| &nbsp;&nbsp;&nbsp; 5.88%, 05/01/55 | 245 | &nbsp;&nbsp; 250187 |
| &nbsp;&nbsp;&nbsp; Seminole County Industrial Development Authority, <br> Refunding RB, 5.75%, 11/15/54<br>| 985 | &nbsp;&nbsp; 929060 |

---

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**BlackRock MuniAssets Fund, Inc. (MUA)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Florida (continued)** | **Florida (continued)** |  |
| &nbsp;&nbsp;&nbsp; Seminole Palms Community Development District, SAB, <br> 5.50%, 05/01/55<sup>(d)</sup><br>| 345 | &nbsp;&nbsp; $336860 |
| &nbsp;&nbsp;&nbsp; Shadowlawn Community Development District, SAB, <br> 5.85%, 05/01/54<br>| 225 | &nbsp;&nbsp; 225511 |
| &nbsp;&nbsp;&nbsp; Solaeris Community Development District, SAB, 6.00%, <br> 05/01/45<sup>(d)</sup><br>| 865 | &nbsp;&nbsp; 892257 |
| &nbsp;&nbsp;&nbsp; South Broward Hospital District, RB, (BAM-TCRS), <br> 3.00%, 05/01/51<br>| 720 | &nbsp;&nbsp; 529312 |
| &nbsp;&nbsp;&nbsp; Sunrise Community Development District, SAB, 5.63%, <br> 05/01/45<sup>(d)</sup><br>| 1350 | &nbsp;&nbsp; 1337502 |
| Trout Creek Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 05/01/38 | 430 | &nbsp;&nbsp; 439027 |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/01/49 | 1100 | &nbsp;&nbsp; 1110341 |
| Village Community Development District No. 14, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 05/01/42 | 1050 | &nbsp;&nbsp; 1083021 |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/01/53 | 775 | &nbsp;&nbsp; 788998 |
| &nbsp;&nbsp;&nbsp; Village Community Development District No. 16, SAB, <br> 05/01/45<sup>(h)</sup><br>| 1350 | &nbsp;&nbsp; 1348407 |
| &nbsp;&nbsp;&nbsp; Volusia County Educational Facility Authority, RB, 5.25%, <br> 06/01/49<br>| 1020 | &nbsp;&nbsp; 1049521 |
| West Villages Improvement District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 05/01/39 | 455 | &nbsp;&nbsp; 456056 |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/50 | 940 | &nbsp;&nbsp; 929111 |
| &nbsp;&nbsp;&nbsp; 5.63%, 05/01/54 | 325 | &nbsp;&nbsp; 326727 |
| &nbsp;&nbsp;&nbsp; Westside Haines City Community Development District, <br> SAB, 6.00%, 05/01/54<br>| 245 | &nbsp;&nbsp; 250793 |
|  |  | &nbsp;&nbsp; 76871804 |
| **Georgia — 1.0%** | **Georgia — 1.0%** |  |
| Atlanta Development Authority, TA<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 04/01/34 | 650 | &nbsp;&nbsp; 663508 |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 04/01/39 | 1005 | &nbsp;&nbsp; 1032514 |
| &nbsp;&nbsp;&nbsp; Development Authority of Cobb County, RB, Series A, <br> 6.38%, 06/15/58<sup>(d)</sup><br>| 265 | &nbsp;&nbsp; 259961 |
| &nbsp;&nbsp;&nbsp; East Point Business & Industrial Development Authority, <br> RB, Series A, 5.25%, 06/15/62<sup>(d)</sup><br>| 290 | &nbsp;&nbsp; 190268 |
| &nbsp;&nbsp;&nbsp; Gainesville & Hall County Hospital Authority, RB, <br> Series A, 4.00%, 02/15/51<br>| 855 | &nbsp;&nbsp; 754320 |
| &nbsp;&nbsp;&nbsp; Main Street Natural Gas, Inc., Refunding RB, Series E-1, <br> 5.00%, 12/01/53<sup>(c)</sup><br>| 1195 | &nbsp;&nbsp; 1286881 |
|  |  | &nbsp;&nbsp; 4187452 |
| **Idaho — 0.1%** | **Idaho — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Idaho Housing & Finance Association, RB, Series A, <br> 6.95%, 06/15/55<sup>(d)</sup><br>| 580 | &nbsp;&nbsp; 589242 |
| **Illinois — 8.0%** | **Illinois — 8.0%** |  |
| Chicago Board of Education, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 12/01/42 | 3500 | &nbsp;&nbsp; 3305409 |
| &nbsp;&nbsp;&nbsp; Series A, 6.25%, 12/01/50 | 2330 | &nbsp;&nbsp; 2435675 |
| &nbsp;&nbsp;&nbsp; Series C, 5.25%, 12/01/35 | 560 | &nbsp;&nbsp; 559990 |
| &nbsp;&nbsp;&nbsp; Series D, 5.00%, 12/01/46 | 2155 | &nbsp;&nbsp; 1955405 |
| &nbsp;&nbsp;&nbsp; Series H, 5.00%, 12/01/36 | 1000 | &nbsp;&nbsp; 994577 |
| Chicago Board of Education, Refunding GO |  |  |
| &nbsp;&nbsp;&nbsp; Series B, 4.00%, 12/01/41 | 1665 | &nbsp;&nbsp; 1415105 |
| &nbsp;&nbsp;&nbsp; Series B, 12/01/44<sup>(h)</sup> | 1270 | &nbsp;&nbsp; 1314678 |
| City of Chicago Illinois, GO, Series A, 6.00%, 01/01/50 | 1970 | &nbsp;&nbsp; 2066497 |
| &nbsp;&nbsp;&nbsp; City of Chicago Illinois, Refunding GO, Series A, 6.00%, <br> 01/01/38<br>| 1260 | &nbsp;&nbsp; 1286256 |
| City of Marion Illinois Sales Tax Revenue, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 6.38%, 06/01/45 | 715 | &nbsp;&nbsp; 714015 |
| &nbsp;&nbsp;&nbsp; 6.63%, 06/01/55 | 1320 | &nbsp;&nbsp; 1324680 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Illinois (continued)** | **Illinois (continued)** |  |
| &nbsp;&nbsp;&nbsp; County of Cook Illinois, RB, M/F Housing, 6.50%, <br> 01/01/45<br>| 1875 | &nbsp;&nbsp; $1887985 |
| Illinois Finance Authority, RB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Class A, Sustainability Bonds, 5.00%, 07/01/51 | 2000 | &nbsp;&nbsp; 1421841 |
| &nbsp;&nbsp;&nbsp; Class A, Sustainability Bonds, 5.00%, 07/01/56 | 2000 | &nbsp;&nbsp; 1382320 |
| Illinois Finance Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 08/01/35<sup>(d)</sup> | 375 | &nbsp;&nbsp; 381272 |
| &nbsp;&nbsp;&nbsp; Series C, 4.00%, 02/15/27<sup>(i)</sup> | 1425 | &nbsp;&nbsp; 1449898 |
| &nbsp;&nbsp;&nbsp; Series C, 4.00%, 02/15/41 | 5 | &nbsp;&nbsp; 4869 |
| &nbsp;&nbsp;&nbsp; Illinois State Toll Highway Authority, RB, Series A, 4.00%, <br> 01/01/46<br>| 1795 | &nbsp;&nbsp; 1662455 |
| &nbsp;&nbsp;&nbsp; Metropolitan Pier & Exposition Authority, RB, 5.00%, <br> 06/15/57<br>| 1020 | &nbsp;&nbsp; 1015512 |
| &nbsp;&nbsp;&nbsp; Metropolitan Pier & Exposition Authority, RB, CAB, <br> Series A, 0.00%, 12/15/56<sup>(e)</sup><br>| 1315 | &nbsp;&nbsp; 279307 |
| &nbsp;&nbsp;&nbsp; Metropolitan Pier & Exposition Authority, Refunding RB, <br> 4.00%, 06/15/50<br>| 2920 | &nbsp;&nbsp; 2524977 |
| &nbsp;&nbsp;&nbsp; Metropolitan Pier & Exposition Authority, Refunding RB, <br> CAB, 0.00%, 12/15/54<sup>(e)</sup><br>| 12685 | &nbsp;&nbsp; 2993295 |
| State of Illinois, GO |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/01/30 | 530 | &nbsp;&nbsp; 569367 |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/01/39 | 1055 | &nbsp;&nbsp; 1129790 |
| Village of Lincolnshire Illinois, ST, 6.25%, 03/01/34 | 1035 | &nbsp;&nbsp; 1036008 |
|  |  | &nbsp;&nbsp; 35111183 |
| **Indiana — 0.4%** | **Indiana — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; City of Valparaiso Indiana, Refunding RB, AMT, 4.50%, <br> 01/01/34<sup>(d)</sup><br>| 235 | &nbsp;&nbsp; 243139 |
| Indiana Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 6.13%, 10/15/45<sup>(d)</sup> | 250 | &nbsp;&nbsp; 249877 |
| &nbsp;&nbsp;&nbsp; Series A, 6.38%, 10/15/55<sup>(d)</sup> | 195 | &nbsp;&nbsp; 195700 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 6.75%, 05/01/39 | 1060 | &nbsp;&nbsp; 1187065 |
|  |  | &nbsp;&nbsp; 1875781 |
| **Iowa — 0.3%** | **Iowa — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; Iowa Finance Authority, Refunding RB, Series A, 5.13%, <br> 05/15/59<br>| 1225 | &nbsp;&nbsp; 1147499 |
| **Kansas**<sup>(d)</sup> **— 0.2%** | **Kansas**<sup>(d)</sup> **— 0.2%** |  |
| City of Shawnee Kansas, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 08/01/41 | 230 | &nbsp;&nbsp; 211698 |
| &nbsp;&nbsp;&nbsp; 5.00%, 08/01/56 | 850 | &nbsp;&nbsp; 706169 |
|  |  | &nbsp;&nbsp; 917867 |
| **Kentucky**<sup>(d)</sup> **— 0.5%** | **Kentucky**<sup>(d)</sup> **— 0.5%** |  |
| City of Henderson Kentucky, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 4.70%, 01/01/52 | 230 | &nbsp;&nbsp; 217457 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 4.45%, 01/01/42 | 2000 | &nbsp;&nbsp; 1974686 |
|  |  | &nbsp;&nbsp; 2192143 |
| **Louisiana**<sup>(d)</sup> **— 0.8%** | **Louisiana**<sup>(d)</sup> **— 0.8%** |  |
| Louisiana Public Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 06/15/59 | 570 | &nbsp;&nbsp; 572400 |
| &nbsp;&nbsp;&nbsp; Series A, 6.50%, 06/01/62 | 280 | &nbsp;&nbsp; 252968 |
| &nbsp;&nbsp;&nbsp; Class R2, AMT, 6.50%, 10/01/53<sup>(c)</sup> | 835 | &nbsp;&nbsp; 879547 |
| &nbsp;&nbsp;&nbsp; Parish of St. James Louisiana, RB, Series 2, 6.35%, <br> 07/01/40<br>| 1580 | &nbsp;&nbsp; 1719444 |
|  |  | &nbsp;&nbsp; 3424359 |
| **Maine — 0.9%** | **Maine — 0.9%** |  |
| Finance Authority of Maine, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series B, 9.50%, 06/01/32 | 250 | &nbsp;&nbsp; 128223 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 8.50%, 06/01/32 | 250 | &nbsp;&nbsp; 128421 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**BlackRock MuniAssets Fund, Inc. (MUA)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Maine (continued)** | **Maine (continued)** |  |
| Finance Authority of Maine, RB (continued) |  |  |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 8.50%, 06/01/35 | 1060 | &nbsp;&nbsp; $541137 |
| &nbsp;&nbsp;&nbsp; Finance Authority of Maine, Refunding RB, AMT, 4.63%, <br> 12/01/47<sup>(c)(d)</sup><br>| 500 | &nbsp;&nbsp; 504883 |
| &nbsp;&nbsp;&nbsp; Maine Health & Higher Educational Facilities Authority, <br> Refunding RB, 4.00%, 07/01/37<sup>(d)</sup><br>| 3100 | &nbsp;&nbsp; 2700529 |
|  |  | &nbsp;&nbsp; 4003193 |
| **Maryland — 0.9%** | **Maryland — 0.9%** |  |
| City of Baltimore Maryland, RB, 4.88%, 06/01/42 | 325 | &nbsp;&nbsp; 328997 |
| &nbsp;&nbsp;&nbsp; Maryland Economic Development Corp., RB, 5.00%, <br> 07/01/56<br>| 360 | &nbsp;&nbsp; 361064 |
| &nbsp;&nbsp;&nbsp; Maryland Health & Higher Educational Facilities <br> Authority, RB, 7.00%, 03/01/55<sup>(d)</sup><br>| 3010 | &nbsp;&nbsp; 3070248 |
|  |  | &nbsp;&nbsp; 3760309 |
| **Massachusetts**<sup>(d)</sup> **— 0.4%** | **Massachusetts**<sup>(d)</sup> **— 0.4%** |  |
| &nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency, RB, <br> Series A-1, 6.38%, 07/15/45<br>| 1075 | &nbsp;&nbsp; 1087702 |
| &nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency, Refunding <br> RB, 5.00%, 10/01/57<br>| 500 | &nbsp;&nbsp; 482806 |
|  |  | &nbsp;&nbsp; 1570508 |
| **Michigan — 0.4%** | **Michigan — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; Advanced Technology Academy, Refunding RB, 5.00%, <br> 11/01/44<br>| 415 | &nbsp;&nbsp; 390391 |
| Michigan Strategic Fund, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 11/15/42 | 345 | &nbsp;&nbsp; 341822 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 12/31/43 | 1200 | &nbsp;&nbsp; 1201301 |
|  |  | &nbsp;&nbsp; 1933514 |
| **Minnesota — 0.0%** | **Minnesota — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; City of Eagan Minnesota, RB, Series A, 6.38%, <br> 02/01/55<sup>(d)</sup><br>| 105 | &nbsp;&nbsp; 102364 |
| **Missouri — 0.3%** | **Missouri — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; Industrial Development Authority of the City of St. Louis <br> Missouri, Refunding RB, Series A, 4.38%, 11/15/35<br>| 685 | &nbsp;&nbsp; 628491 |
| Kansas City Industrial Development Authority, RB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, 5.00%, 06/01/46 | 375 | &nbsp;&nbsp; 365992 |
| &nbsp;&nbsp;&nbsp; Series A-1, 5.00%, 06/01/54 | 240 | &nbsp;&nbsp; 226633 |
|  |  | &nbsp;&nbsp; 1221116 |
| **Nevada — 0.2%** | **Nevada — 0.2%** |  |
| Tahoe-Douglas Visitors Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/40 | 355 | &nbsp;&nbsp; 365387 |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/45 | 460 | &nbsp;&nbsp; 463018 |
|  |  | &nbsp;&nbsp; 828405 |
| **New Hampshire — 3.9%** | **New Hampshire — 3.9%** |  |
| New Hampshire Business Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 12/01/31<sup>(d)</sup> | 1501 | &nbsp;&nbsp; 1505037 |
| &nbsp;&nbsp;&nbsp; 5.95%, 12/01/31<sup>(d)</sup> | 419 | &nbsp;&nbsp; 420776 |
| &nbsp;&nbsp;&nbsp; 5.88%, 12/15/33<sup>(d)</sup> | 1493 | &nbsp;&nbsp; 1503869 |
| &nbsp;&nbsp;&nbsp; 5.25%, 12/01/35<sup>(d)</sup> | 1632 | &nbsp;&nbsp; 1632293 |
| &nbsp;&nbsp;&nbsp; 5.38%, 12/15/35<sup>(d)</sup> | 2206 | &nbsp;&nbsp; 2207401 |
| &nbsp;&nbsp;&nbsp; Series A, 4.13%, 08/15/40 | 530 | &nbsp;&nbsp; 479549 |
| &nbsp;&nbsp;&nbsp; Series A, 4.25%, 08/15/46 | 595 | &nbsp;&nbsp; 511282 |
| &nbsp;&nbsp;&nbsp; Series A, 4.50%, 08/15/55 | 1235 | &nbsp;&nbsp; 1029226 |
| &nbsp;&nbsp;&nbsp; New Hampshire Business Finance Authority, RB, <br> CAB<sup>(d)(e)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 0.00%, 04/01/32 | 690 | &nbsp;&nbsp; 465414 |
| &nbsp;&nbsp;&nbsp; 0.00%, 12/15/33 | 5730 | &nbsp;&nbsp; 3519142 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **New Hampshire (continued)** | **New Hampshire (continued)** |  |
| &nbsp;&nbsp;&nbsp; New Hampshire Business Finance Authority, RB, M/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; 1st Series, Class B, 5.75%, 04/28/42 | 935 | &nbsp;&nbsp; $976103 |
| &nbsp;&nbsp;&nbsp; Series 2025, Subordinate, 5.15%, 09/28/37 | 1765 | &nbsp;&nbsp; 1785338 |
| &nbsp;&nbsp;&nbsp; Series 2, Sustainability Bonds, 4.25%, 07/20/41 | 927 | &nbsp;&nbsp; 924763 |
|  |  | &nbsp;&nbsp; 16960193 |
| **New Jersey — 5.7%** | **New Jersey — 5.7%** |  |
| New Jersey Economic Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 10/01/43 | 1530 | &nbsp;&nbsp; 1531409 |
| &nbsp;&nbsp;&nbsp; Class A, 5.25%, 11/01/47 | 2650 | &nbsp;&nbsp; 2800558 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/37 | 260 | &nbsp;&nbsp; 260239 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 11/01/54<sup>(d)</sup> | 1675 | &nbsp;&nbsp; 1444857 |
| &nbsp;&nbsp;&nbsp; Series B, 6.50%, 04/01/31 | 1350 | &nbsp;&nbsp; 1359005 |
| &nbsp;&nbsp;&nbsp; AMT, 5.38%, 01/01/43 | 2155 | &nbsp;&nbsp; 2156928 |
| &nbsp;&nbsp;&nbsp; New Jersey Economic Development Authority, Refunding <br> RB, Series A, 6.00%, 08/01/49<sup>(d)</sup><br>| 500 | &nbsp;&nbsp; 500038 |
| &nbsp;&nbsp;&nbsp; New Jersey Health Care Facilities Financing Authority, <br> RB, 4.00%, 07/01/51<br>| 2655 | &nbsp;&nbsp; 2447146 |
| &nbsp;&nbsp;&nbsp; New Jersey Higher Education Student Assistance <br> Authority, RB, Series B, AMT, 4.25%, 12/01/45<br>| 400 | &nbsp;&nbsp; 397696 |
| &nbsp;&nbsp;&nbsp; New Jersey Transportation Trust Fund Authority, RB, <br> Series AA, 5.25%, 06/15/41<br>| 1140 | &nbsp;&nbsp; 1140856 |
| &nbsp;&nbsp;&nbsp; New Jersey Transportation Trust Fund Authority, RB, <br> CAB, Series A, 0.00%, 12/15/35<sup>(e)</sup><br>| 8950 | &nbsp;&nbsp; 6305621 |
| &nbsp;&nbsp;&nbsp; Tobacco Settlement Financing Corp., Refunding RB, <br> Sub-Series B, 5.00%, 06/01/46<br>| 4500 | &nbsp;&nbsp; 4381371 |
|  |  | &nbsp;&nbsp; 24725724 |
| **New York — 11.1%** | **New York — 11.1%** |  |
| &nbsp;&nbsp;&nbsp; Albany Capital Resource Corp., Refunding RB, 4.00%, <br> 07/01/51<sup>(b)(g)</sup><br>| 846 | &nbsp;&nbsp; 42290 |
| &nbsp;&nbsp;&nbsp; Build NYC Resource Corp., RB, Series A, 5.00%, <br> 07/01/32<br>| 745 | &nbsp;&nbsp; 739811 |
| &nbsp;&nbsp;&nbsp; Build NYC Resource Corp., Refunding RB, AMT, 5.00%, <br> 01/01/35<sup>(d)</sup><br>| 290 | &nbsp;&nbsp; 290262 |
| &nbsp;&nbsp;&nbsp; Empire State Development Corp., RB, Series A, 4.00%, <br> 03/15/49<br>| 2020 | &nbsp;&nbsp; 1867565 |
| &nbsp;&nbsp;&nbsp; Empire State Development Corp., Refunding RB, 3.00%, <br> 03/15/48<br>| 9655 | &nbsp;&nbsp; 7359844 |
| &nbsp;&nbsp;&nbsp; Erie Tobacco Asset Securitization Corp., Refunding RB, <br> Series A, 5.00%, 06/01/45<br>| 2890 | &nbsp;&nbsp; 2386799 |
| &nbsp;&nbsp;&nbsp; Huntington Local Development Corp., RB, Series A, <br> 5.25%, 07/01/56<br>| 185 | &nbsp;&nbsp; 149802 |
| Metropolitan Transportation Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series C-1, Sustainability Bonds, 4.75%, 11/15/45 | 740 | &nbsp;&nbsp; 742373 |
| &nbsp;&nbsp;&nbsp; Series C-1, Sustainability Bonds, 5.00%, 11/15/50 | 565 | &nbsp;&nbsp; 574514 |
| &nbsp;&nbsp;&nbsp; Series C-1, Sustainability Bonds, 5.25%, 11/15/55 | 840 | &nbsp;&nbsp; 864390 |
| &nbsp;&nbsp;&nbsp; New York City Housing Development Corp., RB, M/F <br> Housing, Series C-1A, 4.30%, 11/01/47<br>| 2845 | &nbsp;&nbsp; 2769292 |
| New York Counties Tobacco Trust IV, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 6.25%, 06/01/41<sup>(d)</sup> | 4617 | &nbsp;&nbsp; 4442669 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/42 | 3155 | &nbsp;&nbsp; 2709869 |
| New York Counties Tobacco Trust VI, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A-2B, 5.00%, 06/01/45 | 215 | &nbsp;&nbsp; 188137 |
| &nbsp;&nbsp;&nbsp; Series A-2B, 5.00%, 06/01/51 | 4340 | &nbsp;&nbsp; 3664534 |
| New York Liberty Development Corp., Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Class 2, 5.38%, 11/15/40<sup>(d)</sup> | 1080 | &nbsp;&nbsp; 1080199 |
| &nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, 3.00%, 11/15/51 | 2250 | &nbsp;&nbsp; 1625882 |
| &nbsp;&nbsp;&nbsp; New York Transportation Development Corp., ARB, AMT, <br> 5.63%, 04/01/40<br>| 745 | &nbsp;&nbsp; 782282 |
| New York Transportation Development Corp., RB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 10/01/35 | 780 | &nbsp;&nbsp; 815937 |

---

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**BlackRock MuniAssets Fund, Inc. (MUA)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **New York (continued)** | **New York (continued)** |  |
| &nbsp;&nbsp;&nbsp; New York Transportation Development Corp., <br> RB (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, (AGM), 5.13%, 06/30/60 | 4870 | &nbsp;&nbsp; $4893683 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, (AGM), 5.25%, 06/30/60 | 3465 | &nbsp;&nbsp; 3527307 |
| &nbsp;&nbsp;&nbsp; New York Transportation Development Corp., Refunding <br> ARB, Series A, AMT, 5.38%, 08/01/36<br>| 1490 | &nbsp;&nbsp; 1555964 |
| &nbsp;&nbsp;&nbsp; State of New York Mortgage Agency Homeowner <br> Mortgage Revenue, RB, S/F Housing, Series 239, <br> Sustainability Bonds, (SONYMA), 2.70%, 10/01/47<br>| 3370 | &nbsp;&nbsp; 2437781 |
| &nbsp;&nbsp;&nbsp; Suffolk Regional Off-Track Betting Corp., RB, 5.00%, <br> 12/01/34<br>| 605 | &nbsp;&nbsp; 623505 |
| TSASC, Inc., Refunding RB, Series B, 5.00%, 06/01/48 | 530 | &nbsp;&nbsp; 464952 |
| Ulster County Capital Resource Corp., RB, 09/15/59<sup>(d)(h)</sup> | 500 | &nbsp;&nbsp; 494357 |
| &nbsp;&nbsp;&nbsp; Westchester County Local Development Corp., <br> Refunding RB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/41 | 730 | &nbsp;&nbsp; 726741 |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/56 | 810 | &nbsp;&nbsp; 713142 |
|  |  | &nbsp;&nbsp; 48533883 |
| **North Dakota — 0.4%** | **North Dakota — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; City of Grand Forks North Dakota, RB, Series A, (AGM), <br> 5.00%, 12/01/48<br>| 1765 | &nbsp;&nbsp; 1816428 |
| **Ohio — 2.2%** | **Ohio — 2.2%** |  |
| &nbsp;&nbsp;&nbsp; Buckeye Tobacco Settlement Financing Authority, <br> Refunding RB, Series B-2, Class 2, 5.00%, 06/01/55<br>| 2180 | &nbsp;&nbsp; 1826925 |
| &nbsp;&nbsp;&nbsp; Buckeye Tobacco Settlement Financing Authority, <br> Refunding RB, CAB, Series B-3, Class 2, 0.00%, <br> 06/01/57<sup>(e)</sup><br>| 14230 | &nbsp;&nbsp; 1344664 |
| &nbsp;&nbsp;&nbsp; Cleveland-Cuyahoga County Port Authority, Refunding <br> RB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.38%, 01/01/39 | 185 | &nbsp;&nbsp; 187854 |
| &nbsp;&nbsp;&nbsp; Series A, 5.88%, 01/01/49 | 425 | &nbsp;&nbsp; 422004 |
| &nbsp;&nbsp;&nbsp; County of Hamilton Ohio, Refunding RB, 5.00%, <br> 01/01/46<br>| 875 | &nbsp;&nbsp; 845929 |
| County of Hardin Ohio, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/30 | 240 | &nbsp;&nbsp; 238680 |
| &nbsp;&nbsp;&nbsp; 5.25%, 05/01/40 | 240 | &nbsp;&nbsp; 225917 |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/01/50 | 1130 | &nbsp;&nbsp; 1008044 |
| &nbsp;&nbsp;&nbsp; Hickory Chase Community Authority, Refunding RB, <br> 5.00%, 12/01/40<sup>(d)</sup><br>| 355 | &nbsp;&nbsp; 360380 |
| &nbsp;&nbsp;&nbsp; Ohio Air Quality Development Authority, RB, AMT, <br> 4.50%, 01/15/48<sup>(d)</sup><br>| 3290 | &nbsp;&nbsp; 3059451 |
|  |  | &nbsp;&nbsp; 9519848 |
| **Oklahoma — 2.1%** | **Oklahoma — 2.1%** |  |
| Oklahoma Development Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 7.25%, 09/01/51<sup>(d)</sup> | 4520 | &nbsp;&nbsp; 4527903 |
| &nbsp;&nbsp;&nbsp; Series B, 5.50%, 08/15/52 | 1570 | &nbsp;&nbsp; 1576131 |
| &nbsp;&nbsp;&nbsp; Tulsa Authority for Economic Opportunity, TA, 4.38%, <br> 12/01/41<sup>(d)</sup><br>| 325 | &nbsp;&nbsp; 302042 |
| &nbsp;&nbsp;&nbsp; Tulsa County Industrial Authority, Refunding RB, 5.25%, <br> 11/15/37<br>| 750 | &nbsp;&nbsp; 760438 |
| &nbsp;&nbsp;&nbsp; Tulsa Municipal Airport Trust Trustees, Refunding ARB, <br> AMT, 6.25%, 12/01/40<br>| 1815 | &nbsp;&nbsp; 2035436 |
|  |  | &nbsp;&nbsp; 9201950 |
| **Oregon**<sup>(d)</sup> **— 0.1%** | **Oregon**<sup>(d)</sup> **— 0.1%** |  |
| Oregon State Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/15/29 | 100 | &nbsp;&nbsp; 101351 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/15/39 | 565 | &nbsp;&nbsp; 547721 |
|  |  | &nbsp;&nbsp; 649072 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Pennsylvania — 4.4%** | **Pennsylvania — 4.4%** |  |
| Allegheny Community Broadband, Inc., RB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 7.75%, 09/01/45 | $205 | &nbsp;&nbsp; $202714 |
| &nbsp;&nbsp;&nbsp; 8.00%, 09/01/51 | 240 | &nbsp;&nbsp; 235549 |
| &nbsp;&nbsp;&nbsp; Allegheny County Airport Authority, ARB, Series A, AMT, <br> (AGM-CR), 4.00%, 01/01/56<br>| 5240 | &nbsp;&nbsp; 4565604 |
| &nbsp;&nbsp;&nbsp; Allentown Neighborhood Improvement Zone <br> Development Authority, RB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/42 | 3435 | &nbsp;&nbsp; 3508217 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 05/01/32 | 100 | &nbsp;&nbsp; 102026 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 05/01/42 | 100 | &nbsp;&nbsp; 100069 |
| &nbsp;&nbsp;&nbsp; Beaver County Industrial Development Authority, <br> Refunding RB, Series B, 3.75%, 10/01/47<br>| 1110 | &nbsp;&nbsp; 933434 |
| Doylestown Hospital Authority, Refunding RB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/31 | 185 | &nbsp;&nbsp; 196646 |
| &nbsp;&nbsp;&nbsp; 5.38%, 07/01/39 | 430 | &nbsp;&nbsp; 471849 |
| &nbsp;&nbsp;&nbsp; Lancaster Municipal Authority, RB, Series B, 5.00%, <br> 05/01/59<br>| 390 | &nbsp;&nbsp; 375162 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Economic Development Financing <br> Authority, RB, 6.88%, 09/01/47<sup>(d)</sup><br>| 2865 | &nbsp;&nbsp; 2980843 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Economic Development Financing <br> Authority, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, 5.25%, 12/01/38<sup>(c)</sup> | 670 | &nbsp;&nbsp; 675595 |
| &nbsp;&nbsp;&nbsp; Series C, 5.25%, 12/01/37<sup>(c)</sup> | 1170 | &nbsp;&nbsp; 1180486 |
| &nbsp;&nbsp;&nbsp; AMT, 5.50%, 11/01/44 | 2710 | &nbsp;&nbsp; 2711568 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Higher Education Assistance Agency, RB, <br> Sub-Series 1C, AMT, 5.00%, 06/01/51<br>| 245 | &nbsp;&nbsp; 239003 |
| &nbsp;&nbsp;&nbsp; School District of Philadelphia, GOL, Series A, (SAW), <br> 5.50%, 09/01/48<br>| 580 | &nbsp;&nbsp; 618428 |
|  |  | &nbsp;&nbsp; 19097193 |
| **Puerto Rico — 14.0%** | **Puerto Rico — 14.0%** |  |
| Children's Trust Fund, RB, Series A, 0.00%, 05/15/57<sup>(e)</sup> | 32150 | &nbsp;&nbsp; 1518936 |
| Commonwealth of Puerto Rico, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 5.63%, 07/01/27 | — <br><sup>(j)</sup><br>| &nbsp;&nbsp; 2 |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 5.63%, 07/01/29 | 1190 | &nbsp;&nbsp; 1270838 |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 5.75%, 07/01/31 | 2153 | &nbsp;&nbsp; 2387848 |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 4.00%, 07/01/35 | 4100 | &nbsp;&nbsp; 4027443 |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 4.00%, 07/01/41 | 141 | &nbsp;&nbsp; 129091 |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 4.00%, 07/01/46 | 682 | &nbsp;&nbsp; 602031 |
| &nbsp;&nbsp;&nbsp; Commonwealth of Puerto Rico, GO, CAB, Series A, <br> Restructured, 0.00%, 07/01/33<sup>(e)</sup><br>| 1765 | &nbsp;&nbsp; 1272970 |
| &nbsp;&nbsp;&nbsp; Commonwealth of Puerto Rico, RB, 0.00%, <br> 11/01/51<sup>(b)(c)(g)</sup><br>| 27967 | &nbsp;&nbsp; 16570373 |
| Puerto Rico Electric Power Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 7.00%, 07/01/33<sup>(b)(g)</sup> | 3295 | &nbsp;&nbsp; 2174700 |
| &nbsp;&nbsp;&nbsp; Series A, 6.75%, 07/01/36<sup>(b)(g)</sup> | 1335 | &nbsp;&nbsp; 881100 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/42<sup>(b)(g)</sup> | 910 | &nbsp;&nbsp; 600600 |
| &nbsp;&nbsp;&nbsp; Series A, 7.00%, 07/01/43<sup>(b)(g)</sup> | 375 | &nbsp;&nbsp; 247500 |
| &nbsp;&nbsp;&nbsp; Series A-1, 10.00%, 07/01/19<sup>(b)(g)</sup> | 75 | &nbsp;&nbsp; 49563 |
| &nbsp;&nbsp;&nbsp; Series A-2, 10.00%, 07/01/19<sup>(b)(g)</sup> | 379 | &nbsp;&nbsp; 250046 |
| &nbsp;&nbsp;&nbsp; Series A-3, 10.00%, 07/01/19<sup>(b)(g)</sup> | 323 | &nbsp;&nbsp; 213187 |
| &nbsp;&nbsp;&nbsp; Series B-3, 10.00%, 07/01/19<sup>(b)(g)</sup> | 323 | &nbsp;&nbsp; 213187 |
| &nbsp;&nbsp;&nbsp; Series C-1, 5.40%, 01/01/18<sup>(b)(g)</sup> | 887 | &nbsp;&nbsp; 585719 |
| &nbsp;&nbsp;&nbsp; Series C-2, 5.40%, 07/01/18<sup>(b)(g)</sup> | 887 | &nbsp;&nbsp; 585814 |
| &nbsp;&nbsp;&nbsp; Series C-3, 5.40%, 01/01/20<sup>(b)(g)</sup> | 90 | &nbsp;&nbsp; 59216 |
| &nbsp;&nbsp;&nbsp; Series C-4, 5.40%, 07/01/20<sup>(b)(g)</sup> | 90 | &nbsp;&nbsp; 59216 |
| &nbsp;&nbsp;&nbsp; Series CCC, 5.25%, 07/01/26<sup>(b)(g)</sup> | 260 | &nbsp;&nbsp; 171600 |
| &nbsp;&nbsp;&nbsp; Series CCC, 5.25%, 07/01/28<sup>(b)(g)</sup> | 145 | &nbsp;&nbsp; 95700 |
| &nbsp;&nbsp;&nbsp; Series D-1, 7.50%, 01/01/20<sup>(b)(g)</sup> | 761 | &nbsp;&nbsp; 502110 |
| &nbsp;&nbsp;&nbsp; Series D-4, 7.50%, 07/01/20<sup>(b)(g)</sup> | 404 | &nbsp;&nbsp; 266562 |
| &nbsp;&nbsp;&nbsp; Series TT, 5.00%, 07/01/18<sup>(b)(g)</sup> | 295 | &nbsp;&nbsp; 194700 |
| &nbsp;&nbsp;&nbsp; Series WW, 5.50%, 07/01/17<sup>(b)(g)</sup> | 200 | &nbsp;&nbsp; 132000 |
| &nbsp;&nbsp;&nbsp; Series WW, 5.50%, 07/01/18<sup>(b)(g)</sup> | 1175 | &nbsp;&nbsp; 775500 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**BlackRock MuniAssets Fund, Inc. (MUA)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Puerto Rico (continued)** | **Puerto Rico (continued)** |  |
| Puerto Rico Electric Power Authority, RB (continued) |  |  |
| &nbsp;&nbsp;&nbsp; Series WW, 5.50%, 07/01/19<sup>(b)(g)</sup> | 145 | &nbsp;&nbsp; $95700 |
| &nbsp;&nbsp;&nbsp; Series WW, 5.50%, 07/01/20 | 1595 | &nbsp;&nbsp; 1052700 |
| &nbsp;&nbsp;&nbsp; Series WW, 5.38%, 07/01/22<sup>(b)(g)</sup> | 1310 | &nbsp;&nbsp; 864600 |
| &nbsp;&nbsp;&nbsp; Series WW, 5.25%, 07/01/33<sup>(b)(g)</sup> | 120 | &nbsp;&nbsp; 79200 |
| &nbsp;&nbsp;&nbsp; Series WW, 5.50%, 07/01/38<sup>(b)(g)</sup> | 205 | &nbsp;&nbsp; 135300 |
| &nbsp;&nbsp;&nbsp; Series XX, 5.25%, 07/01/17<sup>(b)(g)</sup> | 110 | &nbsp;&nbsp; 72600 |
| &nbsp;&nbsp;&nbsp; Series XX, 5.25%, 07/01/35<sup>(b)(g)</sup> | 645 | &nbsp;&nbsp; 425700 |
| &nbsp;&nbsp;&nbsp; Series XX, 5.75%, 07/01/36<sup>(b)(g)</sup> | 860 | &nbsp;&nbsp; 567600 |
| &nbsp;&nbsp;&nbsp; Series XX, 5.25%, 07/01/40<sup>(b)(g)</sup> | 1020 | &nbsp;&nbsp; 673200 |
| Puerto Rico Electric Power Authority, Refunding RB<sup>(b)(g)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series AAA, 5.25%, 07/01/22 | 2545 | &nbsp;&nbsp; 1679700 |
| &nbsp;&nbsp;&nbsp; Series AAA, 5.25%, 07/01/29 | 95 | &nbsp;&nbsp; 62700 |
| &nbsp;&nbsp;&nbsp; Series UU, 0.00%, 07/01/17<sup>(c)</sup> | 60 | &nbsp;&nbsp; 39600 |
| &nbsp;&nbsp;&nbsp; Series UU, 0.00%, 07/01/18<sup>(c)</sup> | 55 | &nbsp;&nbsp; 36300 |
| &nbsp;&nbsp;&nbsp; Series UU, 0.00%, 07/01/20<sup>(c)</sup> | 495 | &nbsp;&nbsp; 326700 |
| &nbsp;&nbsp;&nbsp; Series UU, 1.00%, 07/01/31<sup>(c)</sup> | 580 | &nbsp;&nbsp; 382800 |
| &nbsp;&nbsp;&nbsp; Series YY, 6.13%, 07/01/40 | 1085 | &nbsp;&nbsp; 716100 |
| &nbsp;&nbsp;&nbsp; Series ZZ, 5.25%, 07/01/19 | 455 | &nbsp;&nbsp; 300300 |
| &nbsp;&nbsp;&nbsp; Series ZZ, 5.25%, 07/01/24 | 345 | &nbsp;&nbsp; 227700 |
| &nbsp;&nbsp;&nbsp; Series ZZ, 5.00%, 12/29/49 | 145 | &nbsp;&nbsp; 95700 |
| &nbsp;&nbsp;&nbsp; Puerto Rico Industrial Tourist Educational Medical & <br> Envirml Ctl Facs Fing Authority, ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, AMT, 6.75%, 01/01/45 | 265 | &nbsp;&nbsp; 300366 |
| &nbsp;&nbsp;&nbsp; Series A-2, AMT, 6.50%, 01/01/42 | 175 | &nbsp;&nbsp; 198307 |
| &nbsp;&nbsp;&nbsp; Series A-2, AMT, 6.75%, 01/01/45 | 265 | &nbsp;&nbsp; 299366 |
| &nbsp;&nbsp;&nbsp; Puerto Rico Sales Tax Financing Corp. Sales Tax <br> Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 4.75%, 07/01/53 | 1912 | &nbsp;&nbsp; 1807800 |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 5.00%, 07/01/58 | 5390 | &nbsp;&nbsp; 5234986 |
| &nbsp;&nbsp;&nbsp; Series A-2, Restructured, 4.54%, 07/01/53 | 21 | &nbsp;&nbsp; 19022 |
| &nbsp;&nbsp;&nbsp; Series A-2, Restructured, 4.78%, 07/01/58 | 2080 | &nbsp;&nbsp; 1956025 |
| &nbsp;&nbsp;&nbsp; Series A-2, Restructured, 4.33%, 07/01/40 | 1559 | &nbsp;&nbsp; 1511442 |
| &nbsp;&nbsp;&nbsp; Series B-1, Restructured, 4.55%, 07/01/40 | 2402 | &nbsp;&nbsp; 2382288 |
| &nbsp;&nbsp;&nbsp; Puerto Rico Sales Tax Financing Corp. Sales Tax <br> Revenue, RB, CAB<sup>(e)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 0.00%, 07/01/29 | 200 | &nbsp;&nbsp; 176807 |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 0.00%, 07/01/33 | 1023 | &nbsp;&nbsp; 774594 |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 0.00%, 07/01/46 | 7133 | &nbsp;&nbsp; 2482516 |
| &nbsp;&nbsp;&nbsp; Series B-1, Restructured, 0.00%, 07/01/46 | 883 | &nbsp;&nbsp; 307313 |
|  |  | &nbsp;&nbsp; 61122584 |
| **Rhode Island — 0.4%** | **Rhode Island — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; Central Falls Detention Facility Corp., Refunding RB, <br> 7.25%, 07/15/35<sup>(b)(g)</sup><br>| 4190 | &nbsp;&nbsp; 1634100 |
| &nbsp;&nbsp;&nbsp; Tobacco Settlement Financing Corp., RB, CAB, Series A, <br> 0.00%, 06/01/52<sup>(e)</sup><br>| 2060 | &nbsp;&nbsp; 297837 |
|  |  | &nbsp;&nbsp; 1931937 |
| **South Carolina — 1.3%** | **South Carolina — 1.3%** |  |
| &nbsp;&nbsp;&nbsp; Patriots Energy Group Financing Agency, RB, Series A1, <br> 5.25%, 10/01/54<sup>(c)</sup><br>| 3110 | &nbsp;&nbsp; 3392664 |
| &nbsp;&nbsp;&nbsp; South Carolina Jobs-Economic Development Authority, <br> RB, 7.50%, 08/15/62<sup>(d)</sup><br>| 605 | &nbsp;&nbsp; 540373 |
| &nbsp;&nbsp;&nbsp; South Carolina Jobs-Economic Development Authority, <br> RB, M/F Housing, Series A, 6.75%, 12/01/60<sup>(d)</sup><br>| 1590 | &nbsp;&nbsp; 1683099 |
|  |  | &nbsp;&nbsp; 5616136 |
| **Tennessee — 2.0%** | **Tennessee — 2.0%** |  |
| &nbsp;&nbsp;&nbsp; Memphis-Shelby County Airport Authority, ARB, Series A, <br> AMT, 5.00%, 07/01/45<br>| 3000 | &nbsp;&nbsp; 3051657 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Tennessee (continued)** | **Tennessee (continued)** |  |
| &nbsp;&nbsp;&nbsp; Metropolitan Government Nashville & Davidson County <br> Industrial Development Board, SAB, CAB, 0.00%, <br> 06/01/43<sup>(d)(e)</sup><br>| 3130 | &nbsp;&nbsp; $1333783 |
| &nbsp;&nbsp;&nbsp; Metropolitan Government Nashville & Davidson County <br> Sports Authority, RB, Series A, Senior Lien, (AGM), <br> 5.25%, 07/01/48<br>| 1610 | &nbsp;&nbsp; 1702872 |
| Tennergy Corp., RB, Series A, 5.50%, 10/01/53<sup>(c)</sup> | 2520 | &nbsp;&nbsp; 2732610 |
|  |  | &nbsp;&nbsp; 8820922 |
| **Texas — 10.6%** | **Texas — 10.6%** |  |
| &nbsp;&nbsp;&nbsp; Angelina & Neches River Authority, RB, Series A, AMT, <br> 7.50%, 12/01/45<sup>(b)(d)(g)</sup><br>| 715 | &nbsp;&nbsp; 15416 |
| &nbsp;&nbsp;&nbsp; Arlington Higher Education Finance Corp., RB, 7.88%, <br> 11/01/62<sup>(d)</sup><br>| 565 | &nbsp;&nbsp; 339000 |
| &nbsp;&nbsp;&nbsp; Central Texas Regional Mobility Authority, Refunding <br> RB<sup>(e)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 0.00%, 01/01/28 | 1000 | &nbsp;&nbsp; 936093 |
| &nbsp;&nbsp;&nbsp; 0.00%, 01/01/29 | 2000 | &nbsp;&nbsp; 1814764 |
| &nbsp;&nbsp;&nbsp; 0.00%, 01/01/30 | 1170 | &nbsp;&nbsp; 1030441 |
| &nbsp;&nbsp;&nbsp; 0.00%, 01/01/33 | 3690 | &nbsp;&nbsp; 2929258 |
| &nbsp;&nbsp;&nbsp; 0.00%, 01/01/34 | 4000 | &nbsp;&nbsp; 3043320 |
| City of Anna Texas, SAB, 5.75%, 09/15/54<sup>(d)</sup> | 445 | &nbsp;&nbsp; 448059 |
| City of Buda Texas, SAB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 09/01/55 | 425 | &nbsp;&nbsp; 421111 |
| &nbsp;&nbsp;&nbsp; 6.75%, 09/01/55 | 845 | &nbsp;&nbsp; 837818 |
| City of Celina Texas, SAB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 09/01/45 | 100 | &nbsp;&nbsp; 100653 |
| &nbsp;&nbsp;&nbsp; 5.63%, 09/01/55 | 140 | &nbsp;&nbsp; 140373 |
| City of Corpus Christi Texas, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 09/15/31 | 100 | &nbsp;&nbsp; 103878 |
| &nbsp;&nbsp;&nbsp; 6.13%, 09/15/44 | 198 | &nbsp;&nbsp; 197738 |
| &nbsp;&nbsp;&nbsp; 6.50%, 09/15/54 | 297 | &nbsp;&nbsp; 298030 |
| City of Crandall Texas, SAB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 09/15/45 | 125 | &nbsp;&nbsp; 123993 |
| &nbsp;&nbsp;&nbsp; 5.50%, 09/15/55 | 275 | &nbsp;&nbsp; 275036 |
| City of Fate Texas, SAB, 5.75%, 08/15/54<sup>(d)</sup> | 110 | &nbsp;&nbsp; 110851 |
| City of Friendswood Texas, SAB, 7.00%, 09/15/54 | 850 | &nbsp;&nbsp; 856224 |
| City of Houston Texas Airport System Revenue, ARB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, 4.00%, 07/15/41 | 3350 | &nbsp;&nbsp; 3073633 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 6.63%, 07/15/38 | 2890 | &nbsp;&nbsp; 2890055 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 5.50%, 07/15/38 | 510 | &nbsp;&nbsp; 553722 |
| &nbsp;&nbsp;&nbsp; City of Houston Texas Airport System Revenue, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 07/01/29 | 4700 | &nbsp;&nbsp; 4700029 |
| &nbsp;&nbsp;&nbsp; Series C, AMT, 5.00%, 07/15/27 | 1615 | &nbsp;&nbsp; 1647297 |
| City of Oak Point Texas, SAB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.10%, 09/15/44 | 200 | &nbsp;&nbsp; 195576 |
| &nbsp;&nbsp;&nbsp; 5.25%, 09/15/54 | 200 | &nbsp;&nbsp; 192332 |
| City of Princeton Texas, SAB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 09/01/31 | 47 | &nbsp;&nbsp; 47185 |
| &nbsp;&nbsp;&nbsp; 5.00%, 09/01/44 | 100 | &nbsp;&nbsp; 97942 |
| &nbsp;&nbsp;&nbsp; 5.13%, 09/01/44 | 150 | &nbsp;&nbsp; 145293 |
| &nbsp;&nbsp;&nbsp; 5.25%, 09/01/54 | 200 | &nbsp;&nbsp; 200484 |
| &nbsp;&nbsp;&nbsp; 5.38%, 09/01/54 | 247 | &nbsp;&nbsp; 248366 |
| City of San Marcos Texas, SAB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/01/32 | 100 | &nbsp;&nbsp; 96991 |
| &nbsp;&nbsp;&nbsp; 4.50%, 09/01/51 | 480 | &nbsp;&nbsp; 417494 |
| City of Seagoville Texas, SAB, 6.00%, 09/15/54<sup>(d)</sup> | 295 | &nbsp;&nbsp; 303033 |
| City of Sinton Texas, SAB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.13%, 09/01/42 | 858 | &nbsp;&nbsp; 846296 |
| &nbsp;&nbsp;&nbsp; 5.25%, 09/01/51 | 1195 | &nbsp;&nbsp; 1177546 |

---

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**BlackRock MuniAssets Fund, Inc. (MUA)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Texas (continued)** | **Texas (continued)** |  |
| City of Terrell Texas, SAB, 7.00%, 09/15/55<sup>(d)</sup> | 1195 | &nbsp;&nbsp; $1222487 |
| &nbsp;&nbsp;&nbsp; Clifton Higher Education Finance Corp., RB, Series A, <br> 6.00%, 06/15/54<sup>(d)</sup><br>| 100 | &nbsp;&nbsp; 92896 |
| &nbsp;&nbsp;&nbsp; Club Municipal Management District No. 1, SAB, 5.38%, <br> 09/01/55<sup>(d)</sup><br>| 220 | &nbsp;&nbsp; 220843 |
| County of Denton Texas, SAB, 5.88%, 12/31/45<sup>(d)</sup> | 520 | &nbsp;&nbsp; 536435 |
| &nbsp;&nbsp;&nbsp; New Hope Cultural Education Facilities Finance Corp., <br> RB, 01/01/60<sup>(h)</sup><br>| 1900 | &nbsp;&nbsp; 1851428 |
| &nbsp;&nbsp;&nbsp; New Hope Cultural Education Facilities Finance Corp., <br> Refunding RB, Series A, 6.75%, 10/01/52<br>| 1650 | &nbsp;&nbsp; 1661461 |
| &nbsp;&nbsp;&nbsp; New Hope Higher Education Finance Corp., RB, <br> Series A, 5.75%, 06/15/51<sup>(d)</sup><br>| 1650 | &nbsp;&nbsp; 1218622 |
| Port of Beaumont Navigation District, Refunding RB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 3.63%, 01/01/35 | 1270 | &nbsp;&nbsp; 1182494 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 4.00%, 01/01/50 | 2075 | &nbsp;&nbsp; 1597774 |
| &nbsp;&nbsp;&nbsp; Texas Community Housing & Economic Development <br> Corp., RB, M/F Housing, Series A1, Senior Lien, <br> 6.25%, 01/01/65<sup>(d)</sup><br>| 1635 | &nbsp;&nbsp; 1529942 |
| &nbsp;&nbsp;&nbsp; Texas Municipal Gas Acquisition & Supply Corp. III, <br> Refunding RB, 5.00%, 12/15/32<br>| 860 | &nbsp;&nbsp; 939027 |
| &nbsp;&nbsp;&nbsp; Texas Private Activity Bond Surface Transportation <br> Corp., RB, AMT, Senior Lien, 5.50%, 12/31/58<br>| 3155 | &nbsp;&nbsp; 3281957 |
|  |  | &nbsp;&nbsp; 46190696 |
| **Utah — 1.6%** | **Utah — 1.6%** |  |
| &nbsp;&nbsp;&nbsp; Black Desert Public Infrastructure District, SAB, 5.63%, <br> 12/01/53<sup>(d)</sup><br>| 570 | &nbsp;&nbsp; 575776 |
| County of Utah, RB, Series A, 3.00%, 05/15/50 | 1000 | &nbsp;&nbsp; 748077 |
| &nbsp;&nbsp;&nbsp; MIDA Mountain Veterans Program Public Infrastructure <br> District, TA, 5.20%, 06/01/54<sup>(d)</sup><br>| 620 | &nbsp;&nbsp; 610568 |
| &nbsp;&nbsp;&nbsp; Mida Mountain Village Public Infrastructure District, TA, <br> Series 1, Subordinate, 5.13%, 06/15/54<sup>(d)</sup><br>| 995 | &nbsp;&nbsp; 989163 |
| &nbsp;&nbsp;&nbsp; Ridges Estates Infrastructure Financing District, SAB, <br> 6.25%, 12/01/53<sup>(d)</sup><br>| 1709 | &nbsp;&nbsp; 1767658 |
| &nbsp;&nbsp;&nbsp; SkyRidge Pegasus Infrastructure Financing District, <br> SAB, 5.25%, 12/01/44<sup>(d)</sup><br>| 1485 | &nbsp;&nbsp; 1466503 |
| &nbsp;&nbsp;&nbsp; Utah Charter School Finance Authority, RB, Series A, <br> 5.00%, 06/15/52<sup>(d)</sup><br>| 470 | &nbsp;&nbsp; 384209 |
| Utah Infrastructure Agency, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 10/15/44 | 160 | &nbsp;&nbsp; 166038 |
| &nbsp;&nbsp;&nbsp; 5.50%, 10/15/48 | 150 | &nbsp;&nbsp; 153781 |
| &nbsp;&nbsp;&nbsp; Wood Ranch Public Infrastructure District, SAB, 5.63%, <br> 12/01/53<sup>(d)</sup><br>| 185 | &nbsp;&nbsp; 187032 |
|  |  | &nbsp;&nbsp; 7048805 |
| **Vermont — 0.8%** | **Vermont — 0.8%** |  |
| &nbsp;&nbsp;&nbsp; East Central Vermont Telecommunications District, RB, <br> Series A, 4.50%, 12/01/44<sup>(d)</sup><br>| 4000 | &nbsp;&nbsp; 3299025 |
| **Virginia — 2.4%** | **Virginia — 2.4%** |  |
| &nbsp;&nbsp;&nbsp; Hampton Roads Transportation Accountability <br> Commission, RB, Series A, Senior Lien, 4.00%, <br> 07/01/55<br>| 2435 | &nbsp;&nbsp; 2263874 |
| &nbsp;&nbsp;&nbsp; James City County Economic Development Authority, <br> RB, Series A, 6.88%, 12/01/58<br>| 605 | &nbsp;&nbsp; 654821 |
| &nbsp;&nbsp;&nbsp; Lower Magnolia Green Community Development <br> Authority, SAB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 03/01/35 | 465 | &nbsp;&nbsp; 465092 |
| &nbsp;&nbsp;&nbsp; 5.00%, 03/01/45 | 475 | &nbsp;&nbsp; 459493 |
| Norfolk Redevelopment & Housing Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 01/01/29 | 245 | &nbsp;&nbsp; 243119 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/49 | 955 | &nbsp;&nbsp; 874464 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Virginia (continued)** | **Virginia (continued)** |  |
| &nbsp;&nbsp;&nbsp; Tobacco Settlement Financing Corp., Refunding RB, <br> Series B-1, 5.00%, 06/01/47<br>| 2125 | &nbsp;&nbsp; $1780761 |
| Virginia Beach Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 7.00%, 09/01/53 | 600 | &nbsp;&nbsp; 660098 |
| &nbsp;&nbsp;&nbsp; Series B3, 5.38%, 09/01/29 | 425 | &nbsp;&nbsp; 428261 |
| &nbsp;&nbsp;&nbsp; Virginia Small Business Financing Authority, RB, AMT, <br> 5.00%, 12/31/56<br>| 2000 | &nbsp;&nbsp; 1946936 |
| &nbsp;&nbsp;&nbsp; Virginia Small Business Financing Authority, Refunding <br> RB, AMT, Senior Lien, 4.00%, 01/01/48<br>| 840 | &nbsp;&nbsp; 743077 |
|  |  | &nbsp;&nbsp; 10519996 |
| **Washington — 1.1%** | **Washington — 1.1%** |  |
| &nbsp;&nbsp;&nbsp; Washington Health Care Facilities Authority, Refunding <br> RB, Series A, 5.50%, 09/01/55<br>| 700 | &nbsp;&nbsp; 743408 |
| Washington State Housing Finance Commission, RB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 07/01/59 | 100 | &nbsp;&nbsp; 102209 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/50 | 450 | &nbsp;&nbsp; 387557 |
| &nbsp;&nbsp;&nbsp; Series A, 5.75%, 01/01/53 | 275 | &nbsp;&nbsp; 265667 |
| &nbsp;&nbsp;&nbsp; Series A, 5.88%, 01/01/59 | 225 | &nbsp;&nbsp; 218676 |
| &nbsp;&nbsp;&nbsp; Series B2, 3.95%, 07/01/29 | 1080 | &nbsp;&nbsp; 1080024 |
| &nbsp;&nbsp;&nbsp; Washington State Housing Finance Commission, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 01/01/35<sup>(d)</sup> | 315 | &nbsp;&nbsp; 315066 |
| &nbsp;&nbsp;&nbsp; 6.00%, 01/01/45<sup>(d)</sup> | 850 | &nbsp;&nbsp; 840899 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/43 | 340 | &nbsp;&nbsp; 344319 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/48 | 320 | &nbsp;&nbsp; 318073 |
|  |  | &nbsp;&nbsp; 4615898 |
| **Wisconsin — 12.2%** | **Wisconsin — 12.2%** |  |
| Public Finance Authority, ARB, AMT, 4.25%, 07/01/54 | 1595 | &nbsp;&nbsp; 1324163 |
| Public Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 6.25%, 10/01/31<sup>(b)(d)(g)</sup> | 605 | &nbsp;&nbsp; 60500 |
| &nbsp;&nbsp;&nbsp; 5.50%, 12/15/32<sup>(d)</sup> | 2000 | &nbsp;&nbsp; 1996957 |
| &nbsp;&nbsp;&nbsp; 5.75%, 12/15/33<sup>(d)</sup> | 4660 | &nbsp;&nbsp; 4659357 |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/15/41<sup>(d)</sup> | 345 | &nbsp;&nbsp; 297176 |
| &nbsp;&nbsp;&nbsp; 7.00%, 10/01/47<sup>(b)(d)(g)</sup> | 605 | &nbsp;&nbsp; 60500 |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/15/49 | 530 | &nbsp;&nbsp; 520369 |
| &nbsp;&nbsp;&nbsp; 5.63%, 06/15/49<sup>(d)</sup> | 2420 | &nbsp;&nbsp; 2228198 |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/15/53 | 355 | &nbsp;&nbsp; 344283 |
| &nbsp;&nbsp;&nbsp; 5.75%, 12/01/54<sup>(d)</sup> | 1260 | &nbsp;&nbsp; 1264636 |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/15/55<sup>(d)</sup> | 895 | &nbsp;&nbsp; 690532 |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/01/56<sup>(d)</sup> | 1470 | &nbsp;&nbsp; 1226017 |
| &nbsp;&nbsp;&nbsp; Class A, 5.00%, 06/15/56<sup>(d)</sup> | 495 | &nbsp;&nbsp; 417747 |
| &nbsp;&nbsp;&nbsp; Class A, 6.45%, 04/01/60<sup>(d)</sup> | 425 | &nbsp;&nbsp; 407249 |
| &nbsp;&nbsp;&nbsp; Series A, 7.75%, 07/01/43<sup>(d)</sup> | 3270 | &nbsp;&nbsp; 3310655 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 12/15/44<sup>(d)</sup> | 160 | &nbsp;&nbsp; 151410 |
| &nbsp;&nbsp;&nbsp; Series A, 6.85%, 11/01/46<sup>(b)(d)(g)</sup> | 900 | &nbsp;&nbsp; 495000 |
| &nbsp;&nbsp;&nbsp; Series A, 7.00%, 11/01/46<sup>(b)(d)(g)</sup> | 570 | &nbsp;&nbsp; 313500 |
| &nbsp;&nbsp;&nbsp; Series A, 5.63%, 06/15/49<sup>(d)</sup> | 2800 | &nbsp;&nbsp; 2568427 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 12/01/51<sup>(d)</sup> | 1470 | &nbsp;&nbsp; 961744 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/15/55<sup>(d)</sup> | 4030 | &nbsp;&nbsp; 3177294 |
| &nbsp;&nbsp;&nbsp; Series A, 4.75%, 06/15/56<sup>(d)</sup> | 2960 | &nbsp;&nbsp; 2335352 |
| &nbsp;&nbsp;&nbsp; Series A, 7.50%, 07/01/59<sup>(d)</sup> | 3020 | &nbsp;&nbsp; 3401843 |
| &nbsp;&nbsp;&nbsp; Series A, 7.25%, 01/01/61<sup>(d)</sup> | 2075 | &nbsp;&nbsp; 2230161 |
| &nbsp;&nbsp;&nbsp; Series A-1, 4.50%, 01/01/35<sup>(d)</sup> | 1075 | &nbsp;&nbsp; 1052612 |
| &nbsp;&nbsp;&nbsp; Series A-4, 5.50%, 11/15/32<sup>(d)</sup> | 2445 | &nbsp;&nbsp; 2451032 |
| &nbsp;&nbsp;&nbsp; Series B, 0.00%, 01/01/35<sup>(d)(e)</sup> | 1440 | &nbsp;&nbsp; 849266 |
| &nbsp;&nbsp;&nbsp; Series B, 0.00%, 01/01/60<sup>(d)(e)</sup> | 35940 | &nbsp;&nbsp; 3184909 |
| &nbsp;&nbsp;&nbsp; AMT, 5.75%, 12/31/65 | 1865 | &nbsp;&nbsp; 1931665 |
| &nbsp;&nbsp;&nbsp; AMT, 6.50%, 12/31/65 | 1560 | &nbsp;&nbsp; 1713329 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 4.00%, 09/30/51 | 1025 | &nbsp;&nbsp; 850347 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 4.00%, 03/31/56 | 980 | &nbsp;&nbsp; 793021 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**BlackRock MuniAssets Fund, Inc. (MUA)** 

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Wisconsin (continued)** | **Wisconsin (continued)** |  |
| Public Finance Authority, RB, CAB<sup>(d)(e)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 0.00%, 12/15/38 | 1000 | &nbsp;&nbsp; $458806 |
| &nbsp;&nbsp;&nbsp; 0.00%, 12/15/42 | 3195 | &nbsp;&nbsp; 969126 |
| &nbsp;&nbsp;&nbsp; Public Finance Authority, RB, M/F Housing, Series A, <br> Subordinate, 7.13%, 07/01/65<sup>(c)(d)</sup><br>| 875 | &nbsp;&nbsp; 867844 |
| &nbsp;&nbsp;&nbsp; Wisconsin Health & Educational Facilities Authority, RB, <br> Series A, 5.75%, 08/15/59<br>| 1700 | &nbsp;&nbsp; 1743146 |
| &nbsp;&nbsp;&nbsp; Wisconsin Health & Educational Facilities Authority, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 12/01/46 | 1145 | &nbsp;&nbsp; 1043004 |
| &nbsp;&nbsp;&nbsp; 4.00%, 01/01/47 | 910 | &nbsp;&nbsp; 755647 |
|  |  | &nbsp;&nbsp; 53106824 |
| **Wyoming — 0.3%** | **Wyoming — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; University of Wyoming, RB, Series C, (AGM), 4.00%, <br> 06/01/51<br>| 1345 | &nbsp;&nbsp; 1242582 |
| **Total Municipal Bonds — 135.1%** <br>**(Cost: $608,025,575)** | **Total Municipal Bonds — 135.1%** <br>**(Cost: $608,025,575)** | &nbsp;&nbsp; 589447510 |
| **Municipal Bonds Transferred to Tender Option Bond Trusts**<sup>(k)</sup> | **Municipal Bonds Transferred to Tender Option Bond Trusts**<sup>(k)</sup> | **Municipal Bonds Transferred to Tender Option Bond Trusts**<sup>(k)</sup> |
| **Illinois — 1.8%** | **Illinois — 1.8%** |  |
| &nbsp;&nbsp;&nbsp; Chicago O'Hare International Airport, Refunding ARB, <br> Series A, AMT, Senior Lien, 5.50%, 01/01/59<br>| 7380 | &nbsp;&nbsp; 7794901 |
| **New York — 4.8%** | **New York — 4.8%** |  |
| &nbsp;&nbsp;&nbsp; New York City Housing Development Corp., RB, M/F <br> Housing, Series D-1B, Sustainability Bonds, 4.25%, <br> 11/01/45<br>| 9000 | &nbsp;&nbsp; 8971708 |
| &nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future Tax <br> Secured Revenue, RB, Series H-1, Subordinate, <br> 5.00%, 11/01/50<br>| 6780 | &nbsp;&nbsp; 7086517 |
| &nbsp;&nbsp;&nbsp; New York State Dormitory Authority, Refunding RB, <br> Series A, 5.00%, 03/15/54<sup>(l)</sup><br>| 4577 | &nbsp;&nbsp; 4774753 |
|  |  | &nbsp;&nbsp; 20832978 |
| **Total Municipal Bonds Transferred to Tender Option Bond** <br>**Trusts — 6.6%** <br>**(Cost: $28,429,231)** | **Total Municipal Bonds Transferred to Tender Option Bond** <br>**Trusts — 6.6%** <br>**(Cost: $28,429,231)** | &nbsp;&nbsp; 28627879 |
| **Total Long-Term Investments — 142.3%** <br>**(Cost: $638,024,806)** | **Total Long-Term Investments — 142.3%** <br>**(Cost: $638,024,806)** | &nbsp;&nbsp; 620497744 |

---

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

---

| | | |
|:---|:---|:---|
| *Security* | <br>*Shares*<br>| *Value* |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 1.1%** | **Money Market Funds — 1.1%** |  |
| &nbsp;&nbsp;&nbsp; BlackRock Liquidity Funds, MuniCash, Institutional <br> Shares, 3.01%<sup>(m)(n)</sup><br>| 4780337 | &nbsp;&nbsp; $4780815 |
| **Total Short-Term Securities — 1.1%** <br>**(Cost: $4,780,815)** | **Total Short-Term Securities — 1.1%** <br>**(Cost: $4,780,815)** | &nbsp;&nbsp; 4780815 |
| **Total Investments — 143.4%** <br>**(Cost: $642,805,621)** | **Total Investments — 143.4%** <br>**(Cost: $642,805,621)** | &nbsp;&nbsp; 625278559 |
| **Other Assets Less Liabilities — 1.0%** | **Other Assets Less Liabilities — 1.0%** | &nbsp;&nbsp; 4492573 |
| **Liability for TOB Trust Certificates, Including Interest Expense and** <br> **Fees Payable — (4.3)%** | **Liability for TOB Trust Certificates, Including Interest Expense and** <br> **Fees Payable — (4.3)%** | &nbsp;&nbsp; (18666480)<br>|
| **VRDP Shares at Liquidation Value, Net of Deferred Offering Costs —** <br> **(40.1)%** | **VRDP Shares at Liquidation Value, Net of Deferred Offering Costs —** <br> **(40.1)%** | &nbsp;&nbsp; (174946851)<br>|
| **Net Assets Applicable to Common Shares — 100.0%** | **Net Assets Applicable to Common Shares — 100.0%** | &nbsp;&nbsp; $436157801 |

---

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

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

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

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

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

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

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

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

<sup>(j)</sup> Rounds to less than 1,000.

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

<sup>(l)</sup> All or a portion of the security is subject to a recourse agreement. The aggregate maximum potential amount the Fund could ultimately be required to pay under the agreement, which expires on March 15, 2033, is $3,550,052. 

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

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

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

**Affiliates**

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

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at* <br>*07/31/25*<br>| *Proceeds* <br>*from Sales*<br>| *Net* <br>*Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*10/31/25*<br>| *Shares* <br>*Held at* <br>*10/31/25*<br>| *Income* | *Capital Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| BlackRock Liquidity Funds, MuniCash, Institutional Shares | $2459847<br> $2320968 <br><sup>(a)</sup><br>| &nbsp;&nbsp; $— | $— | $— | $4780815 | 4780337 | $18575 | $— |

---

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

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

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**BlackRock MuniAssets Fund, Inc. (MUA)** 

**Fair Value Hierarchy as of Period End**

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

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

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

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

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

The following table summarizes the Fund's financial instruments categorized in the fair value hierarchy. The breakdown of the Fund's financial instruments into major categories is disclosed in the Schedule of Investments above.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-Term Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common Stocks | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $867355 | &nbsp;&nbsp;&nbsp;&nbsp; $867355 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate Bonds | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1555000 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1555000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 589447510 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 589447510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds Transferred to Tender Option Bond Trusts | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 28627879 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 28627879 |
| &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; 4780815 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 4780815 |
|  | &nbsp;&nbsp; $4780815 | &nbsp;&nbsp;&nbsp;&nbsp; $619630389 | &nbsp;&nbsp;&nbsp;&nbsp; $867355 | &nbsp;&nbsp;&nbsp;&nbsp; $625278559 |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Liabilities |  |  |  |  |
| &nbsp;&nbsp;&nbsp; TOB Trust Certificates | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(18552437)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(18552437)<br>|
| &nbsp;&nbsp;&nbsp; VRDP Shares at Liquidation Value | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (175000000)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (175000000)<br>|
|  | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(193552437)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(193552437)<br>|

---

&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 |
| ARB | Airport Revenue Bonds  |
| BAM-TCRS | &nbsp;&nbsp;&nbsp; Build America Mutual Assurance Co. - Transferable <br> Custodial Receipts<br>|
| CAB | Capital Appreciation Bonds |
| CR | Custodian Receipt |
| GO | General Obligation Bonds |
| GOL | General Obligation Ltd. |
| M/F | Multi-Family |

---

---

| | |
|:---|:---|
| **Portfolio Abbreviation (continued)** | **Portfolio Abbreviation (continued)** |
| RB | Revenue Bonds |
| S/F | Single-Family |
| SAB | Special Assessment Bonds |
| SAW | State Aid Withholding |
| SONYMA | State of New York Mortgage Agency |
| ST | Special Tax |
| 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 MuniAssets Fund, Inc.

- **b. Investment Company Act file number:** 811-07642

- **c. CIK number of Registrant:** 0000901243

- **d. LEI of Registrant:** UJYLDIG1NIEEIV3PO802

- **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 MuniAssets Fund, Inc.

- **c. LEI of Series:** UJYLDIG1NIEEIV3PO802

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $636453110.60

**Total Liabilities:** $200199159.60

**Net Assets:** $436253951.00

**Delayed Delivery Securities:** $3859028.50

**Cash Not Reported:** $3027232.82

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 18900.44000000 | **1-Year:** 657.69000000 | **5-Year:** 53250.16000000 | **10-Year:** 24336.17000000 | **30-Year:** 76415.02000000

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

- **3-Month:** 7254.74000000 | **1-Year:** 4981.41000000 | **5-Year:** 51549.16000000 | **10-Year:** 118352.87000000 | **30-Year:** 140863.54000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 1.45%                | 4.48%                | 1.13%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-123857.42              | $6198176.83                                |
| Month 2  | $-97263.46               | $17054973.78                               |
| Month 3  | $122249.02               | $2604811.58                                |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Advanced Technology Academy                                                      | ADVANCED TECHNOLOGY ACADEMY MI PUBLIC SCH ACADEMY REVENUE    | CUSIP: 00766SAF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $390391.33    | 0.09%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Affordable Housing Opportunities Trust Series AH-01                              | AFFORDABLE HSG OPPORTUNITIES TRUST                           | CUSIP: 00826SAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1204664 | PA      | $1210042.85   | 0.28%             | 2039-05-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Alachua County Housing Finance Authority                                         | ALACHUA CNTY FL HSG FIN AUTH MF REVENUE                      | CUSIP: 01068LAT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $523754.70    | 0.12%             | 2055-07-01      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| Albany Capital Resource Corp                                                     | ALBANY NY CAPITAL RESOURCE CORP                              | CUSIP: 012432DS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    845799 | PA      | $42289.93     | 0.01%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allegheny Community Broadband Inc                                                | ALLEGHENY CMNTY BROADBAND INC PA PROJ REVENUE                | CUSIP: 017276AE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $202714.07    | 0.05%             | 2045-09-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Allegheny Community Broadband Inc                                                | ALLEGHENY CMNTY BROADBAND INC PA PROJ REVENUE                | CUSIP: 017276AF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $235549.18    | 0.05%             | 2051-09-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                               | ALLEGHENY CNTY PA ARPT AUTH ARPT REVENUE                     | CUSIP: 01728LGH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5240000 | PA      | $4565604.14   | 1.05%             | 2056-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority                    | ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REVENUE     | CUSIP: 018444CC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3435000 | PA      | $3508218.40   | 0.80%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority                    | ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REVENUE     | CUSIP: 018444CD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102025.67    | 0.02%             | 2032-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority                    | ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REVENUE     | CUSIP: 018444CE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100069.38    | 0.02%             | 2042-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Angelina & Neches River Authority                                                | ANGELINA & NECHES RIVER AUTH IND DEV CORP                    | CUSIP: 03469KAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    715000 | PA      | $15415.40     | 0.00%             | 2045-12-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| City of Anna TX                                                                  | ANNA TX SPL ASSMNT REVENUE                                   | CUSIP: 035713AW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    445000 | PA      | $448059.51    | 0.10%             | 2054-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Antillia Community Development District                                          | ANTILLIA CDD FL SPL ASSMNT                                   | CUSIP: 03706FAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $122360.80    | 0.03%             | 2044-05-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Antillia Community Development District                                          | ANTILLIA CDD FL SPL ASSMNT                                   | CUSIP: 03706FAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $152801.78    | 0.04%             | 2054-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BAL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    960000 | PA      | $963188.83    | 0.22%             | 2037-07-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BBR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $625671.30    | 0.14%             | 2047-07-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BDB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1661395.21   | 0.38%             | 2052-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BJC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250330.28    | 0.06%             | 2039-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BLP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1670000 | PA      | $1678470.24   | 0.38%             | 2055-01-01      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                           | ARKANSAS ST DEV FIN AUTH INDL DEV REVENUE                    | CUSIP: 04108WCD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1458541.95   | 0.33%             | 2049-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                           | ARKANSAS ST DEV FIN AUTH INDL DEV REVENUE                    | CUSIP: 04108WCE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1400542.65   | 0.32%             | 2048-07-01      | Fixed         | 6.88%                 | 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        |   2800000 | PA      | $3043415.20   | 0.70%             | 2048-07-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                           | ARKANSAS DEV FIN AUTH ENVIRONMENTAL REVENUE                  | CUSIP: 04110FAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2325000 | PA      | $2335057.25   | 0.54%             | 2052-09-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 041807BH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $339000.00    | 0.08%             | 2062-11-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Atlanta Development Authority/The                                                | ATLANTA GA DEV AUTH                                          | CUSIP: 04780NMW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $663508.43    | 0.15%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Atlanta Development Authority/The                                                | ATLANTA GA DEV AUTH                                          | CUSIP: 04780NMX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1005000 | PA      | $1032514.29   | 0.24%             | 2039-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Babcock Ranch Community Independent Special District                             | BABCOCK RANCH CMNTY INDEP SPL DIST FL SPL ASSMNT REVENUE     | CUSIP: 05616KBR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $516980.47    | 0.12%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Babcock Ranch Community Independent Special District                             | BABCOCK RANCH CMNTY INDEP SPL DIST FL SPL ASSMNT REVENUE     | CUSIP: 05616KBS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $371850.29    | 0.09%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Baldwin County Industrial Development Authority                                  | BALDWIN CNTY AL INDL DEV AUTH SOL WST DISP REVENUE           | CUSIP: 05786PAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1477133.90   | 0.34%             | 2055-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Baltimore MD                                                             | BALTIMORE MD SPL OBLIG                                       | CUSIP: 05923TDA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $328996.36    | 0.08%             | 2042-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Banning Lewis Ranch Metropolitan District No 8                                   | BANNING LEWIS RANCH MET DIST #8 CO                           | CUSIP: 06663CAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $593929.99    | 0.14%             | 2051-12-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Baseline Metropolitan District No 1                                              | BASELINE MET DIST #1 CO SPL REVENUE                          | CUSIP: 069826AY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $699863.21    | 0.16%             | 2054-12-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Beaver County Industrial Development Authority                                   | BEAVER CNTY PA INDL DEV AUTH                                 | CUSIP: 074876HP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1110000 | PA      | $933434.19    | 0.21%             | 2047-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Bella Collina Community Development District                                     | BELLA COLLINA CDD FL SPL ASSMNT                              | CUSIP: 07819AAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $209827.95    | 0.05%             | 2055-05-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Bella Tara Community Development District                                        | BELLA TARA CDD FL SPL ASSMNT                                 | CUSIP: 07820BAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $383313.23    | 0.09%             | 2045-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Bella Tara Community Development District                                        | BELLA TARA CDD FL SPL ASSMNT                                 | CUSIP: 07820BAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    560000 | PA      | $580514.26    | 0.13%             | 2056-05-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Bellehaven Community Development District                                        | BELLEHAVEN CDD FL SPL ASSMNT                                 | CUSIP: 07876CAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    610000 | PA      | $630059.85    | 0.14%             | 2055-05-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Berry Bay II Community Development District                                      | BERRY BAY II CDD FL SPL ASSMNT                               | CUSIP: 08577DAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $305340.36    | 0.07%             | 2054-05-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS SPLY REVENUE               | CUSIP: 09182NBR0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1855000 | PA      | $1916421.65   | 0.44%             | 2051-06-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TBT3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    615000 | PA      | $649969.33    | 0.15%             | 2053-11-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TCQ8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   3085000 | PA      | $3322824.19   | 0.76%             | 2054-01-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TEV5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1540000 | PA      | $1604646.43   | 0.37%             | 2056-05-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Black Desert Public Infrastructure District                                      | BLACK DESERT PUB INFRASTRUCTURE DIST UT SPL ASSMNT           | CUSIP: 09204TAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $575775.98    | 0.13%             | 2053-12-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Boggy Creek Improvement District                                                 | BOGGY CREEK FL IMPT DIST SPL ASSMNT REVENUE                  | CUSIP: 097206AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1135077.52   | 0.26%             | 2043-05-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Brevard County Health Facilities Authority                                       | BREVARD CNTY FL HLTH FACS AUTH REVENUE                       | CUSIP: 107416PD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $459836.29    | 0.11%             | 2025-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Brevard County Health Facilities Authority                                       | BREVARD CNTY FL HLTH FACS AUTH REVENUE                       | CUSIP: 107416PF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $487524.61    | 0.11%             | 2027-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Brevard County Health Facilities Authority                                       | BREVARD CNTY FL HLTH FACS AUTH REVENUE                       | CUSIP: 107416PH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $423303.63    | 0.10%             | 2029-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Brevard County Health Facilities Authority                                       | BREVARD CNTY FL HLTH FACS AUTH REVENUE                       | CUSIP: 107416PL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $429407.78    | 0.10%             | 2032-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Brevard County Health Facilities Authority                                       | BREVARD CNTY FL HLTH FACS AUTH REVENUE                       | CUSIP: 107416PP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $625505.76    | 0.14%             | 2035-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Bridgeville DE                                                           | BRIDGEVILLE DE SPL OBLIG                                     | CUSIP: 108588AN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101129.95    | 0.02%             | 2044-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Town of Bridgeville DE                                                           | BRIDGEVILLE DE SPL OBLIG                                     | CUSIP: 108588AP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $122133.68    | 0.03%             | 2053-07-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                   | BUCKEYE OH TOBACCO SETTLEMENT FING AUTH                      | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2180000 | PA      | $1826925.46   | 0.42%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                   | BUCKEYE OH TOBACCO SETTLEMENT FING AUTH                      | CUSIP: 118217DA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14230000 | PA      | $1344663.85   | 0.31%             | 2057-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Buckhead Trails Community Development District                                   | BUCKHEAD TRAILS CDD FL SPL ASSMNT                            | CUSIP: 11836UAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $408924.40    | 0.09%             | 2052-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Buckhead Trails Community Development District                                   | BUCKHEAD TRAILS CDD FL SPL ASSMNT                            | CUSIP: 11836UAG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $311836.81    | 0.07%             | 2054-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| City of Buda TX                                                                  | BUDA TX SPL ASSMNT REVENUE                                   | CUSIP: 118829AC4<br>LEI: 549300M2WWWL7K4QS327 | Long             | DBT              | MUN               | US        |    425000 | PA      | $421110.53    | 0.10%             | 2055-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| City of Buda TX                                                                  | BUDA TX SPL ASSMNT REVENUE                                   | CUSIP: 118829AF7<br>LEI: 549300M2WWWL7K4QS327 | Long             | DBT              | MUN               | US        |    845000 | PA      | $837817.75    | 0.19%             | 2055-09-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008ESL1<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    745000 | PA      | $739811.30    | 0.17%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY SOL WST DISP REVENUE              | CUSIP: 12008HAC3<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    290000 | PA      | $290262.48    | 0.07%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE               | CUSIP: 126292AY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1570000 | PA      | $1074922.17   | 0.25%             | 2056-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE               | CUSIP: 126292BC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $517223.63    | 0.12%             | 2057-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE               | CUSIP: 126292BU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $238828.57    | 0.05%             | 2058-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE               | CUSIP: 126292BX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $243519.20    | 0.06%             | 2058-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cabot Citrus Farms Community Development District                                | CABOT CITRUS FARMS FL CDD                                    | CUSIP: 127052AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1083259.44   | 0.25%             | 2029-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                            | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE         | CUSIP: 13034A6B1<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |  14990000 | PA      | $11992000.00  | 2.75%             | 2065-01-01      | Floating      | 9.50%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                | CALIFORNIA HSG FIN AGY LTD OBLIG MF HSG REVENUE              | CUSIP: 13034DAV6<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1928245.40   | 0.44%             | 2067-07-01      | Floating      | 8.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH MF HSG REVENUE                   | CUSIP: 130483JC5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    765000 | PA      | $783859.70    | 0.18%             | 2055-09-01      | Floating      | 8.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                              | CALIFORNIA PUBLIC FIN AUTH SENIOR LIVING REVENUE             | CUSIP: 13057GAQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2415000 | PA      | $2270147.82   | 0.52%             | 2059-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                              | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                  | CUSIP: 13058TUX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1810000 | PA      | $1654289.86   | 0.38%             | 2054-06-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                              | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                  | CUSIP: 13058TUY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $184700.30    | 0.04%             | 2034-06-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Financing Authority                                         | CALIFORNIA ST STWD FING AUTH TOBACCO SETTLEMENT              | CUSIP: 130923AR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1653691.71   | 0.38%             | 2043-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Canyons Metropolitan District No 5                                               | CANYONS MET DIST #5 CO                                       | CUSIP: 139071AZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $628415.00    | 0.14%             | 2054-12-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Capital Projects Finance Authority/FL                                            | CAPITAL PROJS FIN AUTH FL EDUCTNL FACS REVENUE               | CUSIP: 14043FAG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $194803.62    | 0.04%             | 2044-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Capital Region Community Development District                                    | CAPITAL REGION FL CDD REVENUE                                | CUSIP: 14044NBN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1320000 | PA      | $1340903.92   | 0.31%             | 2039-05-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL REVENUE                                 | CUSIP: 14052WDK0<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   2640000 | PA      | $2237594.83   | 0.51%             | 2055-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL REVENUE                                 | CUSIP: 14052WDR5<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |  16865000 | PA      | $1489933.37   | 0.34%             | 2061-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL EDUCTNL FACS REVENUE                    | CUSIP: 14054CBR9<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    940000 | PA      | $789361.43    | 0.18%             | 2054-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL EDUCTNL FACS REVENUE                    | CUSIP: 14054CCB3<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    400000 | PA      | $352343.44    | 0.08%             | 2054-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                          | CAPITAL TRUST AUTH FL EDUCTNL FACS REVENUE                   | CUSIP: 14054WBF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $245215.18    | 0.06%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                          | CAPITAL TRUST AUTH FL EDUCTNL FACS REVENUE                   | CUSIP: 14054WBG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $421781.68    | 0.10%             | 2054-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                          | CAPITAL TRUST AUTH FL EDUCTNL FACS REVENUE                   | CUSIP: 14054WBP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $154048.16    | 0.04%             | 2040-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                          | CAPITAL TRUST AUTH FL EDUCTNL FACS REVENUE                   | CUSIP: 14054WBQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $137307.23    | 0.03%             | 2050-06-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                          | CAPITAL TRUST AUTH FL EDUCTNL FACS REVENUE                   | CUSIP: 14054WBR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $186828.45    | 0.04%             | 2059-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Celina TX                                                                | CELINA TX SPL ASSESSMENT REVENUE                             | CUSIP: 15114CKQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100653.35    | 0.02%             | 2045-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Celina TX                                                                | CELINA TX SPL ASSESSMENT REVENUE                             | CUSIP: 15114CKR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $140372.90    | 0.03%             | 2055-09-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Centerra Metropolitan District No 1                                              | CENTERRA CO MET DIST #1 SPL REVENUE                          | CUSIP: 15200XAG8<br>LEI: 549300SHE5ZPSMGZH793 | Long             | DBT              | MUN               | US        |    575000 | PA      | $570060.29    | 0.13%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Falls Detention Facility Corp                                            | CENTRL FALLS RI DETENTION FAC CORP DETENTION FAC REVENUE     | CUSIP: 153457AX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4190000 | PA      | $1634100.00   | 0.37%             | 2035-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Central Texas Regional Mobility Authority                                        | CENTRL TX REGL MOBILITY AUTH REVENUE                         | CUSIP: 155498AW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $936092.90    | 0.21%             | 2028-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Central Texas Regional Mobility Authority                                        | CENTRL TX REGL MOBILITY AUTH REVENUE                         | CUSIP: 155498AX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1814764.00   | 0.42%             | 2029-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Central Texas Regional Mobility Authority                                        | CENTRL TX REGL MOBILITY AUTH REVENUE                         | CUSIP: 155498AY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1030440.76   | 0.24%             | 2030-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Central Texas Regional Mobility Authority                                        | CENTRL TX REGL MOBILITY AUTH REVENUE                         | CUSIP: 155498BB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3690000 | PA      | $2929258.16   | 0.67%             | 2033-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Central Texas Regional Mobility Authority                                        | CENTRL TX REGL MOBILITY AUTH REVENUE                         | CUSIP: 155498BC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3043320.00   | 0.70%             | 2034-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486U72<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1970000 | PA      | $2066497.30   | 0.47%             | 2050-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486ZY8<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1286256.13   | 0.29%             | 2038-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505A71<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1314677.58   | 0.30%             | 2044-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505PL4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3305408.75   | 0.76%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505QP4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    560000 | PA      | $559989.92    | 0.13%             | 2035-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505TJ5<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $994576.80    | 0.23%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505WB8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    600000 | PA      | $544428.36    | 0.12%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505WC6<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1555000 | PA      | $1410976.83   | 0.32%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505YL4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1415105.31   | 0.32%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505ZL3<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2330000 | PA      | $2435674.59   | 0.56%             | 2050-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                                                            | THE CHILDRENS TRUST FUND PR TOBACCO SETTLEMENT REVENUE       | CUSIP: 16876QBL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  32150000 | PA      | $1518936.40   | 0.35%             | 2057-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cuyahoga County Port Authority                                         | CLEVELAND-CUYAHOGA CNTY OH PORT AUTH LEASE REVENUE           | CUSIP: 18610RCE2<br>LEI: 549300KI3FXFLUKF3A98 | Long             | DBT              | MUN               | US        |    185000 | PA      | $187853.63    | 0.04%             | 2039-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cuyahoga County Port Authority                                         | CLEVELAND-CUYAHOGA CNTY OH PORT AUTH LEASE REVENUE           | CUSIP: 18610RCG7<br>LEI: 549300KI3FXFLUKF3A98 | Long             | DBT              | MUN               | US        |    425000 | PA      | $422003.96    | 0.10%             | 2049-01-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp                                            | CLIFTON TX HGR EDU FIN CORP EDU REVENUE                      | CUSIP: 187145UR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $92896.35     | 0.02%             | 2054-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Club Municipal Management District No 1                                          | CLUB MUNI MGMT DIST #1 TX SPL ASSMNT REVENUE                 | CUSIP: 18948PAK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $220842.53    | 0.05%             | 2055-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Coastal Ridge Community Development District                                     | COASTAL RIDGE CDD FL SPL ASSMNT REVENUE                      | CUSIP: 19052TAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    715000 | PA      | $737992.33    | 0.17%             | 2045-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Coastal Ridge Community Development District                                     | COASTAL RIDGE CDD FL SPL ASSMNT REVENUE                      | CUSIP: 19052TAD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $566212.74    | 0.13%             | 2055-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Cobb County/The                                         | COBB CNTY GA DEV AUTH CHARTERSCH REVENUE                     | CUSIP: 190779AJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $259960.89    | 0.06%             | 2058-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO EDUCTNL & CULTURAL AUTH REVENUE                     | CUSIP: 19645UTU8<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   3065000 | PA      | $3391154.31   | 0.78%             | 2059-02-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FTF1<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    355000 | PA      | $327343.19    | 0.08%             | 2035-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FTG9<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    385000 | PA      | $303192.08    | 0.07%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FTH7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    750000 | PA      | $554945.33    | 0.13%             | 2049-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FWT7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    265000 | PA      | $279297.36    | 0.06%             | 2047-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FWU4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    555000 | PA      | $572880.93    | 0.13%             | 2052-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DHJ4<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    325000 | PA      | $269870.97    | 0.06%             | 2055-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DYW6<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1105000 | PA      | $1082491.81   | 0.25%             | 2054-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| County of Cook IL                                                                | COOK CNTY IL MF HSG REVENUE                                  | CUSIP: 213226AE3<br>LEI: 5493004UMR7OX4YITE10 | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1887985.13   | 0.43%             | 2045-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Coral Creek Community Development District                                       | CORAL CREEK CDD FL SPL ASSMNT REVENUE                        | CUSIP: 217766AC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $202873.26    | 0.05%             | 2054-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City of Corpus Christi TX                                                        | CORPUS CHRISTI TX SPL ASSMNT REVENUE                         | CUSIP: 220233AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103878.46    | 0.02%             | 2031-09-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| City of Corpus Christi TX                                                        | CORPUS CHRISTI TX SPL ASSMNT REVENUE                         | CUSIP: 220233AB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    198000 | PA      | $197737.71    | 0.05%             | 2044-09-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| City of Corpus Christi TX                                                        | CORPUS CHRISTI TX SPL ASSMNT REVENUE                         | CUSIP: 220233AC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    297000 | PA      | $298030.17    | 0.07%             | 2054-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| City of Crandall TX                                                              | CRANDALL TX SPL ASSMNT REVENUE                               | CUSIP: 224384AR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $123992.88    | 0.03%             | 2045-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Crandall TX                                                              | CRANDALL TX SPL ASSMNT REVENUE                               | CUSIP: 224384AS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $275035.70    | 0.06%             | 2055-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Creekwalk Marketplace Business Improvement District                              | CREEKWALK MARKETPLACE BUSINESS IMPT DIST CO                  | CUSIP: 225515AJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2525000 | PA      | $2508159.77   | 0.57%             | 2054-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Creekwalk Marketplace Business Improvement District                              | CREEKWALK MARKETPLACE BUSINESS IMPT DIST CO                  | CUSIP: 225515AK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    627000 | PA      | $628822.06    | 0.14%             | 2054-12-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Crosswinds East Community Development District                                   | CROSSWINDS EAST CDD FL SPL ASSMNT                            | CUSIP: 22769LAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $167705.60    | 0.04%             | 2054-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Curiosity Creek Community Development District                                   | CURIOSITY CREEK CDD FL CAPITAL IMPT REVENUE                  | CUSIP: 23128SAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $145622.76    | 0.03%             | 2044-05-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Curiosity Creek Community Development District                                   | CURIOSITY CREEK CDD FL CAPITAL IMPT REVENUE                  | CUSIP: 23128SAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $235400.18    | 0.05%             | 2055-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Cypress Creek Reserve Community Development District                             | CYPRESS CREEK RESERVE CDD FL SPL ASSMNT                      | CUSIP: 23274FAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103737.30    | 0.02%             | 2045-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Cypress Creek Reserve Community Development District                             | CYPRESS CREEK RESERVE CDD FL SPL ASSMNT                      | CUSIP: 23274FAD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $310238.82    | 0.07%             | 2056-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Darby Community Development District                                             | DARBY CDD FL SPL ASSMNT REVENUE                              | CUSIP: 23705PAD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $737109.52    | 0.17%             | 2035-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| County of Denton TX                                                              | DENTON CNTY TX SPL ASSMNT REVENUE                            | CUSIP: 24880GAR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $536435.02    | 0.12%             | 2045-12-31      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                           | CUSIP: 249182QY5<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   1025000 | PA      | $927298.23    | 0.21%             | 2053-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| District of Columbia Tobacco Settlement Financing Corp                           | DIST OF COLUMBIA TOBACCO SETTLEMENT FING CORP                | CUSIP: 254842BB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    995000 | PA      | $230551.75    | 0.05%             | 2046-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Doylestown Hospital Authority                                                    | DOYLESTOWN PA HOSP AUTH                                      | CUSIP: 261333HH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $196645.86    | 0.05%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Doylestown Hospital Authority                                                    | DOYLESTOWN PA HOSP AUTH                                      | CUSIP: 261333HJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $471848.59    | 0.11%             | 2039-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| City of Eagan MN                                                                 | EAGAN MN CHRTR SCH LEASE REVENUE                             | CUSIP: 26940AAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $102363.59    | 0.02%             | 2055-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| East Central Vermont Telecommunications District                                 | EAST CENTRL VT TELECOMMUNICATIONS DIST PROJ REVENUE          | CUSIP: 271524AY6<br>LEI: 549300UHVQS0JED3EZ33 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3299024.80   | 0.76%             | 2044-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| East Point Business & Industrial Development Authority                           | EAST PT GA BUSINESS & INDL DEV AUTHORITY REVENUE             | CUSIP: 274502AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $190268.13    | 0.04%             | 2062-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Erie Tobacco Asset Securitization Corp                                           | ERIE CNTY NY TOBACCO ASSET SECURITIZATION CORP TOBACCO SETTL | CUSIP: 295095BB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2890000 | PA      | $2386798.98   | 0.55%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Fate TX                                                                  | FATE TX SPL ASSESSMENT REVENUE                               | CUSIP: 31189RCR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $110850.95    | 0.03%             | 2054-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP                                      | CUSIP: 340618DK0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2070000 | PA      | $972900.00    | 0.22%             | 2032-07-15      | Variable      | 14.00%                | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP                                      | CUSIP: 340618DR5<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2975000 | PA      | $2961870.43   | 0.68%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP                                      | CUSIP: 340618DW4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    700000 | PA      | $696393.74    | 0.16%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP                                      | CUSIP: 340618DY0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2850000 | PA      | $1339500.00   | 0.31%             | 2059-07-15      | Variable      | 12.00%                | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UBN7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    560000 | PA      | $560469.00    | 0.13%             | 2029-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UBP2<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    835000 | PA      | $835816.13    | 0.19%             | 2034-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UBQ0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   3180000 | PA      | $3180613.74   | 0.73%             | 2044-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UGX0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   3645000 | PA      | $3042712.23   | 0.70%             | 2055-06-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UJF6<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   3985000 | PA      | $2632449.95   | 0.60%             | 2056-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UJG4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1325000 | PA      | $965370.62    | 0.22%             | 2056-12-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP SOL WST DISP REVENUE                 | CUSIP: 34061XAG7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    880000 | PA      | $893185.74    | 0.20%             | 2054-10-01      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| Florida Local Government Finance Commission                                      | FLORIDA LOC GOVT FIN COMMISSION SENIOR LIVING REVENUE        | CUSIP: 34077UAH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1533523.72   | 0.35%             | 2055-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| City of Friendswood TX                                                           | FRIENDSWOOD TX SPL ASSMNT REVENUE                            | CUSIP: 358591AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $856223.87    | 0.20%             | 2054-09-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Gainesville & Hall County Hospital Authority                                     | GAINESVILLE & HALL CNTY GA HOSP AUTH                         | CUSIP: 362762QR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    855000 | PA      | $754319.90    | 0.17%             | 2051-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Gas Worx Community Development District                                          | GAS WORX CDD FL SPL ASSMNT                                   | CUSIP: 367200AC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $564961.76    | 0.13%             | 2045-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Glendale Industrial Development Authority                                        | GLENDALE AZ INDL DEV AUTH SENIOR LIVING FACS REVENUE         | CUSIP: 378287BA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $86293.22     | 0.02%             | 2056-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gold Hill North Business Improvement District                                    | GOLD HILL NORTH BUSINESS IMPT DIST CO                        | CUSIP: 38061PAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $493013.30    | 0.11%             | 2054-12-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Golden Gem Community Development District                                        | GOLDEN GEM CDD FL SPL ASSMNT REVENUE                         | CUSIP: 38105CAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1728752.95   | 0.40%             | 2055-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                         | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT  | CUSIP: 38122NB84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  27650000 | PA      | $2928455.74   | 0.67%             | 2066-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GRAND CANYON UNIVERSITY                                                          | Grand Canyon University                                      | CUSIP: 38528UAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1570000 | PA      | $1554999.86   | 0.36%             | 2028-10-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| City of Grand Forks ND                                                           | GRAND FORKS ND HLTH CARE SYS REVENUE                         | CUSIP: 38546WEP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1816427.69   | 0.42%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Green Valley Ranch East Metropolitan District No 6                               | GREEN VALLEY RANCH EAST MET DIST #6 CO                       | CUSIP: 39356MAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    935000 | PA      | $948402.85    | 0.22%             | 2050-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Greenbriar Community Development District                                        | GREENBRIAR CDD FL SPL ASSMNT REVENUE                         | CUSIP: 39364TAB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $232791.26    | 0.05%             | 2045-05-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Greenbriar Community Development District                                        | GREENBRIAR CDD FL SPL ASSMNT REVENUE                         | CUSIP: 39364TAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $277774.37    | 0.06%             | 2054-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                            | HAMILTON CNTY OH HLTH CARE REVENUE                           | CUSIP: 40727RBT4<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |    875000 | PA      | $845928.74    | 0.19%             | 2046-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hammock Oaks Community Development District                                      | HAMMOCK OAKS CDD FL ASSMNT                                   | CUSIP: 40834PAE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $356578.78    | 0.08%             | 2044-05-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Hampton Roads Transportation Accountability Commission                           | HAMPTON ROADS VA TRANSPRTN ACCOUNTABILITY COMMISSION         | CUSIP: 409328AU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2435000 | PA      | $2263874.04   | 0.52%             | 2055-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Hardin OH                                                              | HARDIN CNTY OH ECON DEV FACILITIES REVENUE                   | CUSIP: 412003AB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $238679.76    | 0.05%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hardin OH                                                              | HARDIN CNTY OH ECON DEV FACILITIES REVENUE                   | CUSIP: 412003AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $225917.47    | 0.05%             | 2040-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Hardin OH                                                              | HARDIN CNTY OH ECON DEV FACILITIES REVENUE                   | CUSIP: 412003AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1008043.96   | 0.23%             | 2050-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Hastings Campus Housing Finance Authority                                        | HASTINGS CAMPUS HSG FIN AUTH CA CAMPUS HSG REVENUE           | CUSIP: 418338AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1705000 | PA      | $828693.60    | 0.19%             | 2061-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Henderson KY                                                             | HENDERSON KY EXEMPT FACS REVENUE                             | CUSIP: 425099AB4<br>LEI: 549300UJ32J1O26W1T80 | Long             | DBT              | MUN               | US        |    230000 | PA      | $217457.20    | 0.05%             | 2052-01-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| City of Henderson KY                                                             | HENDERSON KY EXEMPT FACS REVENUE                             | CUSIP: 425099AD0<br>LEI: 549300UJ32J1O26W1T80 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1974685.80   | 0.45%             | 2042-01-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Hickory Chase Community Authority                                                | HICKORY CHASE OH CMNTY AUTH INFRASTRUCTURE IMPT REVENUE      | CUSIP: 428861AD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $360380.34    | 0.08%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillcrest Preserve Community Development District                                | HILLCREST PRESERVE CDD FL SPL ASSMNT                         | CUSIP: 43153EAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $332390.87    | 0.08%             | 2054-05-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Hobe-St Lucie Conservancy District                                               | HOBE ST LUCIE CONSERVANCY DIST FL                            | CUSIP: 434043AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $245788.22    | 0.06%             | 2055-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Hoover Industrial Development Board                                              | HOOVER AL INDL DEV BRD ENVNMNTL IMPT REVENUE                 | CUSIP: 439241AB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2140000 | PA      | $2360275.12   | 0.54%             | 2050-11-01      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 4423485T1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2890000 | PA      | $2890054.62   | 0.66%             | 2038-07-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 4423487H5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4700000 | PA      | $4700028.67   | 1.08%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349DJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1615000 | PA      | $1647297.09   | 0.38%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349GA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3350000 | PA      | $3073633.38   | 0.70%             | 2041-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349HY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $553722.45    | 0.13%             | 2038-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Huntington Local Development Corp                                                | HUNTINGTON NY LOCAL DEV CORP REVENUE                         | CUSIP: 446490AR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $149801.81    | 0.03%             | 2056-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ibis Landing Community Development District                                      | IBIS LANDING CDD FL SPL ASSMNT                               | CUSIP: 451075AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $119267.37    | 0.03%             | 2045-06-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Ibis Landing Community Development District                                      | IBIS LANDING CDD FL SPL ASSMNT                               | CUSIP: 451075AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $154347.69    | 0.04%             | 2055-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | IDAHO ST HSG & FIN ASSN NONPROFIT FACS REVENUE               | CUSIP: 45129GDM4<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    580000 | PA      | $589241.84    | 0.14%             | 2055-06-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH CHRT SCHREVENUE                         | CUSIP: 452022BU9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1421840.60   | 0.33%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH CHRT SCHREVENUE                         | CUSIP: 452022BV7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1382320.40   | 0.32%             | 2056-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH EDUCTNL FAC REVENUE                     | CUSIP: 452029AJ0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    375000 | PA      | $381271.65    | 0.09%             | 2035-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FN43<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1404111.50   | 0.32%             | 2041-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FN50<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |      5000 | PA      | $4868.92      | 0.00%             | 2041-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FYF6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     45000 | PA      | $45786.24     | 0.01%             | 2041-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 4521526K2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    530000 | PA      | $569367.39    | 0.13%             | 2030-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 4521526L0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1055000 | PA      | $1129790.43   | 0.26%             | 2039-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                | CUSIP: 452252PY9<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   1795000 | PA      | $1662455.05   | 0.38%             | 2046-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Independence Metropolitan District No 3                                          | INDEPENDENCE MET DIST #3 CO                                  | CUSIP: 453625AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    851000 | PA      | $853264.85    | 0.20%             | 2054-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Independence Metropolitan District No 3                                          | INDEPENDENCE MET DIST #3 CO                                  | CUSIP: 453625AE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $503611.55    | 0.12%             | 2054-12-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Elbert County Independence Water & Sanitation District                           | INDEPENDENCE WTR & SANTN DIST CO SPL REVENUE                 | CUSIP: 45380AAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $518479.60    | 0.12%             | 2033-12-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA FIN AUTH EDUCTNL FACS REVENUE                        | CUSIP: 45470EET8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    250000 | PA      | $249877.20    | 0.06%             | 2045-10-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA FIN AUTH EDUCTNL FACS REVENUE                        | CUSIP: 45470EEU5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    195000 | PA      | $195699.43    | 0.04%             | 2055-10-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH ENVRNMNTL REVENUE                        | CUSIP: 455054BD7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1187065.27   | 0.27%             | 2039-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Inland Empire Tobacco Securitization Corp                                        | INLAND EMPIRE CA TOBACCO SECURITIZATION AUTH TOB SETTLEMENT  | CUSIP: 45734TAD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5090000 | PA      | $2470935.92   | 0.57%             | 2036-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Inspiration Metropolitan District                                                | INSPIRATION MET DIST CO                                      | CUSIP: 457723AB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    670000 | PA      | $632725.02    | 0.15%             | 2036-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | IOWA ST FIN AUTH REVENUE                                     | CUSIP: 46247SFV1<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1147498.91   | 0.26%             | 2059-05-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| James City County Economic Development Authority                                 | JAMES CITY CNTY VA ECON DEV AUTH RSDL CARE FAC REVENUE       | CUSIP: 47029WEG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    605000 | PA      | $654821.15    | 0.15%             | 2058-12-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                             | JEFFERSON CNTY AL SWR REVENUE WARRANTS                       | CUSIP: 472682ZS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5645000 | PA      | $5947900.54   | 1.36%             | 2053-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                     | KANSAS CITY MO INDL DEV AUTH ECON ACTIVITY TAX REVENUE       | CUSIP: 48502MAA1<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |    375000 | PA      | $365992.01    | 0.08%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                     | KANSAS CITY MO INDL DEV AUTH ECON ACTIVITY TAX REVENUE       | CUSIP: 48502MAB9<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |    240000 | PA      | $226633.37    | 0.05%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kings Creek I Community Development District                                     | KINGS CREEK I CDD FL SPL ASSMNT                              | CUSIP: 495879AD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $537455.15    | 0.12%             | 2055-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Kissimmee Park Community Development District                                    | KISSIMMEE PARK CDD FL CAPITAL IMPT REVENUE                   | CUSIP: 497859AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $352233.78    | 0.08%             | 2045-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Kissimmee Park Community Development District                                    | KISSIMMEE PARK CDD FL CAPITAL IMPT REVENUE                   | CUSIP: 497859AD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $285073.97    | 0.07%             | 2056-05-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| La Paz County Industrial Development Authority                                   | LA PAZ CNTY AZ INDL DEV AUTH EDU FAC REVENUE                 | CUSIP: 50376HAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $819746.03    | 0.19%             | 2048-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KAW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $675374.83    | 0.15%             | 2046-05-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KBR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $499114.39    | 0.11%             | 2029-05-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KBS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $658228.95    | 0.15%             | 2039-05-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KBT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1165360.90   | 0.27%             | 2048-05-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KBW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $93153.21     | 0.02%             | 2039-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KBX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $66155.21     | 0.02%             | 2048-05-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KGG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $513865.98    | 0.12%             | 2045-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KGH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1449093.52   | 0.33%             | 2056-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KGJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $437163.91    | 0.10%             | 2040-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Lancaster Municipal Authority                                                    | LANCASTER PA MUNI AUTH HLTHCARE FACS REVENUE                 | CUSIP: 514350AP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $375162.26    | 0.09%             | 2059-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lanterns Metropolitan District No 2                                              | LANTERNS MET DIST #2 CO                                      | CUSIP: 51654DAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $402998.34    | 0.09%             | 2050-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Laurel Road Community Development District                                       | LAUREL ROAD CDD FL CAPITAL IMPT REVENUE                      | CUSIP: 51888TAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $79392.19     | 0.02%             | 2026-05-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority/FL                                   | LEE CNTY FL INDL DEV AUTH HLTHCR FACS REVENUE                | CUSIP: 52349EER7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $377474.44    | 0.09%             | 2029-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Village of Lincolnshire IL                                                       | LINCOLNSHIRE IL SPL SVC AREA #1 SPL TAX                      | CUSIP: 535065AB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1036008.19   | 0.24%             | 2034-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Loretto Heights Community Authority                                              | LORETTO HEIGHTS CMNTY AUTH CO SPL REVENUE                    | CUSIP: 544084AA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    790000 | PA      | $626617.73    | 0.14%             | 2051-12-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA PUB FACS AUTH REVENUE                              | CUSIP: 546399PJ9<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    280000 | PA      | $252967.57    | 0.06%             | 2062-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA PUB FACS AUTH REVENUE                              | CUSIP: 546399UY0<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    570000 | PA      | $572400.50    | 0.13%             | 2059-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA ST PUBLIC FACS AUTHSOL WST DISP FAC REVENUE        | CUSIP: 54640TAM1<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    835000 | PA      | $879547.08    | 0.20%             | 2053-10-01      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Lower Magnolia Green Community Development Authority                             | LOWER MAGNOLIA GREEN VA CMNTY DEV AUTH SPL ASSMNT            | CUSIP: 548207AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $465091.65    | 0.11%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Magnolia Green Community Development Authority                             | LOWER MAGNOLIA GREEN VA CMNTY DEV AUTH SPL ASSMNT            | CUSIP: 548207AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $459493.10    | 0.11%             | 2045-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DGB2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1195000 | PA      | $1286880.92   | 0.29%             | 2053-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                       | MAINE ST FIN AUTH                                            | CUSIP: 56042BCT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $128420.45    | 0.03%             | 2032-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                       | MAINE ST FIN AUTH                                            | CUSIP: 56042BCU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $128223.03    | 0.03%             | 2032-06-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                       | MAINE ST FIN AUTH                                            | CUSIP: 56042BCV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1060000 | PA      | $541137.21    | 0.12%             | 2035-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                       | MAINE ST FIN AUTH SOL WST DISP REVENUE                       | CUSIP: 56042CAY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $504883.30    | 0.12%             | 2047-12-01      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority                           | MAINE HLTH & HGR EDUCTNL FACS AUTH REVENUE                   | CUSIP: 56042R8P0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3100000 | PA      | $2700529.04   | 0.62%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Malabar Springs Community Development District                                   | MALABAR SPRINGS CDD FL SPL ASSMNT                            | CUSIP: 560881AB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $228670.44    | 0.05%             | 2044-05-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Malabar Springs Community Development District                                   | MALABAR SPRINGS CDD FL SPL ASSMNT                            | CUSIP: 560881AC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    345000 | PA      | $339841.70    | 0.08%             | 2054-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH HOSP REVENUE                  | CUSIP: 56678PBL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5155000 | PA      | $3679177.63   | 0.84%             | 2051-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH EDUCTNL FACS REVENUE          | CUSIP: 56678RAK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $394263.60    | 0.09%             | 2040-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH EDUCTNL FACS REVENUE          | CUSIP: 56678RAL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $361879.28    | 0.08%             | 2051-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY INDL DEV AUTH EXEMPT FACS REVENUE              | CUSIP: 56678TAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1995000 | PA      | $1697694.93   | 0.39%             | 2047-10-15      | Fixed         | 4.00%                 | 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        |    875000 | PA      | $918261.05    | 0.21%             | 2029-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| City of Marion IL Sales Tax Revenue                                              | MARION IL SALES TAX REVENUE                                  | CUSIP: 569498AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    715000 | PA      | $714015.37    | 0.16%             | 2045-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| City of Marion IL Sales Tax Revenue                                              | MARION IL SALES TAX REVENUE                                  | CUSIP: 569498AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1320000 | PA      | $1324679.66   | 0.30%             | 2055-06-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Marion Ranch Community Development District                                      | MARION RANCH CDD FL SPL ASSMNT                               | CUSIP: 570001AB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $193852.31    | 0.04%             | 2044-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Marion Ranch Community Development District                                      | MARION RANCH CDD FL SPL ASSMNT                               | CUSIP: 570001AC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $204061.84    | 0.05%             | 2054-05-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                               | MARYLAND ST ECON DEV CORP STUDENT HSG REVENUE                | CUSIP: 57420VRM7<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    360000 | PA      | $361064.20    | 0.08%             | 2056-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE             | CUSIP: 5742186N8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3010000 | PA      | $3070248.16   | 0.70%             | 2055-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY SENIOR LIVING REVENUE           | CUSIP: 57563WAB4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1087702.20   | 0.25%             | 2045-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584X4P3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    500000 | PA      | $482805.70    | 0.11%             | 2057-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Memphis-Shelby County Airport Authority                                          | MEMPHIS-SHELBY CNTY TN ARPT AUTH ARPT REVENUE                | CUSIP: 586111PM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3051657.00   | 0.70%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Sports Authority             | MET GOVT NASHVILLE & DAVIDSONCNTY TN SPORTS AUTH             | CUSIP: 592090JY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1702871.72   | 0.39%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Industrial Development Board | MET GOVT NASHVILLE & DAVIDSON CNTY TN INDL DEV BRD SPL ASSMN | CUSIP: 59211SAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3130000 | PA      | $1333783.14   | 0.31%             | 2043-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL REVENUE                        | CUSIP: 592250CK8<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1315000 | PA      | $279307.32    | 0.06%             | 2056-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL REVENUE                        | CUSIP: 592250CL6<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1015512.20   | 0.23%             | 2057-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL REVENUE                        | CUSIP: 592250CZ5<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |  12685000 | PA      | $2993294.67   | 0.69%             | 2054-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL REVENUE                        | CUSIP: 592250DN1<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   2920000 | PA      | $2524976.56   | 0.58%             | 2050-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261AG35<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    740000 | PA      | $742372.66    | 0.17%             | 2045-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261AG43<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    565000 | PA      | $574513.87    | 0.13%             | 2050-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261AG50<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    840000 | PA      | $864389.74    | 0.20%             | 2055-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | MIAMI-DADE CNTY FL AVIATION REVENUE                          | CUSIP: 59333P4D7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5024578.50   | 1.15%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                          | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE                  | CUSIP: 594698PM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    345000 | PA      | $341822.10    | 0.08%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                          | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE                  | CUSIP: 594698QT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1201300.56   | 0.28%             | 2043-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIDA Mountain Veterans Program Public Infrastructure District                    | MIDAS MOUNTAIN VETERANS PROGRAM PUB INFRASTRUCTURE DIST      | CUSIP: 59561SAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    620000 | PA      | $610568.44    | 0.14%             | 2054-06-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Mida Mountain Village Public Infrastructure District                             | MIDA MOUNTAIN VLG PUBLIC INFRASTRUCTURE DIST UT TAX ALLOCATI | CUSIP: 59561UAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    995000 | PA      | $989162.73    | 0.23%             | 2054-06-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| MidCity Improvement District                                                     | MIDCITY IMPT DIST AL SPL ASSMNT REVENUE                      | CUSIP: 59564KAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $229652.26    | 0.05%             | 2042-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MidCity Improvement District                                                     | MIDCITY IMPT DIST AL SPL ASSMNT REVENUE                      | CUSIP: 59564KAD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $239792.72    | 0.05%             | 2049-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Midtown Miami Community Development District                                     | MIDTOWN MIAMI FL CDD SPL ASSMNT REVENUE                      | CUSIP: 59807PAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    845000 | PA      | $845354.98    | 0.19%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Midtown Miami Community Development District                                     | MIDTOWN MIAMI FL CDD SPL ASSMNT REVENUE                      | CUSIP: 59807PAH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $495207.95    | 0.11%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Milton DE                                                                | MILTON DE SPL OBLIG                                          | CUSIP: 601792AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $406095.80    | 0.09%             | 2053-09-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Town of Milton DE                                                                | MILTON DE SPL OBLIG                                          | CUSIP: 601792AB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $151106.30    | 0.03%             | 2044-09-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Mobile County Industrial Development Authority                                   | MOBILE CNTY AL INDL DEV AUTH SOL WST DISP REVENUE            | CUSIP: 60733UAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4545000 | PA      | $4409180.86   | 1.01%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mobile County Industrial Development Authority                                   | MOBILE CNTY AL INDL DEV AUTH SOL WST DISP REVENUE            | CUSIP: 60733UAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1840000 | PA      | $1717365.10   | 0.39%             | 2054-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Mohegan Tribal Finance Authority                                                 | MOHEGAN TRIBAL CT FIN AUTH                                   | CUSIP: 608327AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3805000 | PA      | $3834821.69   | 0.88%             | 2045-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Mohegan Tribe of Indians of Connecticut/The                                      | MOHEGAN TRIBE INDIANS CT GAMING AUTH                         | CUSIP: 608333AK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    930086 | PA      | $937372.40    | 0.21%             | 2045-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust IV                                               | NEW YORK CNTYS NY TOBACCO TRUST IV                           | CUSIP: 62947YAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3155000 | PA      | $2709869.25   | 0.62%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust IV                                               | NEW YORK CNTYS NY TOBACCO TRUST IV                           | CUSIP: 62947YAL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4617000 | PA      | $4442669.01   | 1.02%             | 2041-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WAQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    927591 | PA      | $924763.24    | 0.21%             | 2041-07-20      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WBK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1785337.74   | 0.41%             | 2037-09-28      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH REVENUE                                 | CUSIP: 63607YAL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $479549.46    | 0.11%             | 2040-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH REVENUE                                 | CUSIP: 63607YAM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $511281.48    | 0.12%             | 2046-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH REVENUE                                 | CUSIP: 63607YAN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1029226.03   | 0.24%             | 2055-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                             | CUSIP: 63608TAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1632000 | PA      | $1632292.62   | 0.37%             | 2035-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                             | CUSIP: 63608TAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2206000 | PA      | $2207400.59   | 0.51%             | 2035-12-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                             | CUSIP: 63608TAJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $465414.25    | 0.11%             | 2032-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                             | CUSIP: 63608TAK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1501000 | PA      | $1505037.39   | 0.34%             | 2031-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                             | CUSIP: 63608TAN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5730000 | PA      | $3519141.96   | 0.81%             | 2033-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                             | CUSIP: 63608TAS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1493000 | PA      | $1503869.19   | 0.34%             | 2033-12-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                             | CUSIP: 63608TAW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    419000 | PA      | $420776.18    | 0.10%             | 2031-12-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MF AFFORDABLE HSG                       | CUSIP: 63610CAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    935000 | PA      | $976102.79    | 0.22%             | 2042-04-28      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE | CUSIP: 64542UGG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1661460.57   | 0.38%             | 2052-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| New Hope Higher Education Finance Corp                                           | NEW HOPE TX HGR EDU FIN CORP EDU REVENUE                     | CUSIP: 645438AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1218621.86   | 0.28%             | 2051-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 64577BG32<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    260000 | PA      | $260239.02    | 0.06%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH ECON DEV REVENUE                 | CUSIP: 64577HMN8<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1359004.77   | 0.31%             | 2031-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REV                              | CUSIP: 64577XED4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2650000 | PA      | $2800557.90   | 0.64%             | 2047-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH CHARTER SCH LEASE REV            | CUSIP: 64578QAC4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1444857.35   | 0.33%             | 2054-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                            | NEW JERSEY ST HLTH CARE FACS FING AUTH REVENUE               | CUSIP: 645790QD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2655000 | PA      | $2447145.89   | 0.56%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH SCH REVENUE                      | CUSIP: 645912DN3<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500038.30    | 0.11%             | 2049-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 6459182D4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2155000 | PA      | $2156928.08   | 0.49%             | 2043-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 6459182H5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1530000 | PA      | $1531408.82   | 0.35%             | 2043-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                         | NEW JERSEY ST HGR EDU ASSISTANCE AUTH STUDENT LOAN REVENUE   | CUSIP: 646080YB1<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    400000 | PA      | $397695.64    | 0.09%             | 2045-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 646136WG2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   8950000 | PA      | $6305621.37   | 1.45%             | 2035-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 646136Y39<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1140856.14   | 0.26%             | 2041-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust VI                                               | NEW YORK CNTYS NY TOBACCO TRUST VI                           | CUSIP: 64945JAE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $188137.43    | 0.04%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust VI                                               | NEW YORK CNTYS NY TOBACCO TRUST VI                           | CUSIP: 64945JAF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4340000 | PA      | $3664533.68   | 0.84%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                                | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                 | CUSIP: 649519DC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1080198.83   | 0.25%             | 2040-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                                | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                 | CUSIP: 649519DW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $1625881.73   | 0.37%             | 2051-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF HSG REVENUE                 | CUSIP: 64972B8N8<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   2845000 | PA      | $2769291.71   | 0.63%             | 2047-11-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| State of New York Mortgage Agency Homeowner Mortgage Revenue                     | NEW YORK ST MTGE AGY HOMEOWNER MTGE REVENUE                  | CUSIP: 64988YMY0<br>LEI: 549300ZQWNLLIG564027 | Long             | DBT              | MUN               | US        |   3370000 | PA      | $2437780.83   | 0.56%             | 2047-10-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp                                                    | NEW YORK ST URBAN DEV CORP REVENUE                           | CUSIP: 650036AP1<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   2020000 | PA      | $1867564.94   | 0.43%             | 2049-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp                                                    | NEW YORK ST URBAN DEV CORP REVENUE                           | CUSIP: 650036CJ3<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   9655000 | PA      | $7359845.26   | 1.69%             | 2048-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116CW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1490000 | PA      | $1555964.54   | 0.36%             | 2036-08-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116CY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $815937.25    | 0.19%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116GP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    745000 | PA      | $782282.56    | 0.18%             | 2040-04-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116GZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4870000 | PA      | $4893683.30   | 1.12%             | 2060-06-30      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3465000 | PA      | $3527306.59   | 0.81%             | 2060-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Newfield Community Development District                                          | NEWFIELD CDD FL SPL ASSMNT REVENUE                           | CUSIP: 65128AAD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    965000 | PA      | $989632.20    | 0.23%             | 2056-05-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| 9th Avenue Metropolitan District No 2                                            | 9TH AVENUE MET DIST NO 2 CO                                  | CUSIP: 65448PAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    910000 | PA      | $900076.81    | 0.21%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Norfolk Redevelopment & Housing Authority                                        | NORFOLK VA REDEV & HSG AUTH REVENUE                          | CUSIP: 655909CJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $243119.50    | 0.06%             | 2029-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Norfolk Redevelopment & Housing Authority                                        | NORFOLK VA REDEV & HSG AUTH REVENUE                          | CUSIP: 655909CM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    955000 | PA      | $874463.90    | 0.20%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Normandy Community Development District                                          | NORMANDY CDD FL CAPITAL IMPT REVENUE                         | CUSIP: 65618HAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $551351.71    | 0.13%             | 2054-05-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| North AR-1 Pasco Community Development District                                  | NORTH AR-1 PASCO CDD FL CAPITAL IMPT REVENUE                 | CUSIP: 65725AAR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $61583.15     | 0.01%             | 2044-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| North AR-1 Pasco Community Development District                                  | NORTH AR-1 PASCO CDD FL CAPITAL IMPT REVENUE                 | CUSIP: 65725AAS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102500.16    | 0.02%             | 2054-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| North Holly Metropolitan District                                                | NORTH HOLLY MET DIST CO                                      | CUSIP: 659890AA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500956.35    | 0.11%             | 2048-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| North Powerline Road Community Development District                              | NORTH POWERLINE ROAD CDD FL SPL ASSMNT                       | CUSIP: 66173PAG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    910000 | PA      | $937867.11    | 0.21%             | 2052-05-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| North River Ranch Community Development District                                 | NORTH RIVER RANCH CDD FL CAPITAL IMPT REVENUE                | CUSIP: 662008AE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.02%             | 2035-05-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| City of Oak Point TX                                                             | OAK POINT TX SPL ASSMNT REVENUE                              | CUSIP: 67176TAZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $195576.22    | 0.04%             | 2044-09-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| City of Oak Point TX                                                             | OAK POINT TX SPL ASSMNT REVENUE                              | CUSIP: 67176TBA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $192331.88    | 0.04%             | 2054-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                           | OHIO ST AIR QUALITY DEV AUTH EXEMPT FACS REVENUE             | CUSIP: 67754AAE4<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   3290000 | PA      | $3059450.62   | 0.70%             | 2048-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| County of Okaloosa FL                                                            | OKALOOSA CNTY FL INDL DEV REVENUE                            | CUSIP: 678226AD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $556331.60    | 0.13%             | 2060-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA ST DEV FIN AUTH HLTHSYS REVENUE                     | CUSIP: 67884XCK1<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   1570000 | PA      | $1576130.54   | 0.36%             | 2052-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA ST DEV FIN AUTH                                     | CUSIP: 6789083V4<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   4520000 | PA      | $4527903.22   | 1.04%             | 2051-09-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                                                | OREGON ST FACS AUTH REVENUE                                  | CUSIP: 68608JXH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101351.13    | 0.02%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                                                | OREGON ST FACS AUTH REVENUE                                  | CUSIP: 68608JXJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $547720.55    | 0.13%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ormond Crossings West Community Development District                             | ORMAND CROSSINGS FL W CDD                                    | CUSIP: 68682AAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300096.12    | 0.07%             | 2047-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Ormond Crossings West Community Development District                             | ORMAND CROSSINGS FL W CDD                                    | CUSIP: 68682AAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $399960.20    | 0.09%             | 2057-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| County of Osceola FL Transportation Revenue                                      | OSCEOLA CNTY FL TRANSPRTN REVENUE                            | CUSIP: 688031FD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $259154.09    | 0.06%             | 2048-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Osceola FL Transportation Revenue                                      | OSCEOLA CNTY FL TRANSPRTN REVENUE                            | CUSIP: 688031FE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    730000 | PA      | $203355.44    | 0.05%             | 2049-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Osceola FL Transportation Revenue                                      | OSCEOLA CNTY FL TRANSPRTN REVENUE                            | CUSIP: 688031FK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2875000 | PA      | $603763.51    | 0.14%             | 2054-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Palisade Metropolitan District No 2                                              | PALISADE CO MET DIST #2 LIMITED TAX                          | CUSIP: 696392AD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1108610.92   | 0.25%             | 2054-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Parrish Lakes Community Development District                                     | PARRISH LAKES CDD CAPITAL IMPT REVENUE                       | CUSIP: 70183FAJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $600570.21    | 0.14%             | 2054-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                           | PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE           | CUSIP: 70342PAN4<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   3110000 | PA      | $3392663.86   | 0.78%             | 2054-10-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FINGAUTH EXEMPT FACS REVENUE        | CUSIP: 708686DZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2710000 | PA      | $2711567.46   | 0.62%             | 2044-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FINGAUTH EXEMPT FACS REVENUE        | CUSIP: 708686ES5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    670000 | PA      | $675595.17    | 0.15%             | 2038-12-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FINGAUTH EXEMPT FACS REVENUE        | CUSIP: 708686ET3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1180485.54   | 0.27%             | 2037-12-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH SOLID WASTE DISPOSAL REV  | CUSIP: 708692CD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2865000 | PA      | $2980843.41   | 0.68%             | 2047-09-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                  | PENNSYLVANIA HGR EDU ASSISTANCE AGY LOAN REVENUE             | CUSIP: 70878CBJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $239002.52    | 0.05%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia/The                                              | PHILADELPHIA PA SCH DIST                                     | CUSIP: 717883A77<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |    580000 | PA      | $618428.07    | 0.14%             | 2048-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona/The              | PHOENIX AZ INDL DEV AUTH EDU REVENUE                         | CUSIP: 71885FDV6<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |    255000 | PA      | $248342.43    | 0.06%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the County of Pima/The                       | PIMA CNTY AZ INDL DEV AUTH EDU REVENUE                       | CUSIP: 72177MTQ0<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    460000 | PA      | $365904.93    | 0.08%             | 2056-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the County of Pima/The                       | PIMA CNTY AZ INDL DEV AUTH EDU REVENUE                       | CUSIP: 72177MUQ8<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   1555000 | PA      | $1226015.96   | 0.28%             | 2051-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Poitras East Community Development District                                      | POITRAS EAST CDD FL SPL ASSMNT REVENUE                       | CUSIP: 73086BAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $702941.64    | 0.16%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Beaumont Navigation District                                             | PORT BEAUMONT TX NAV DIST DOCK& WHARF FAC REVENUE            | CUSIP: 73360CAC8<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1182494.21   | 0.27%             | 2035-01-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Port of Beaumont Navigation District                                             | PORT BEAUMONT TX NAV DIST DOCK& WHARF FAC REVENUE            | CUSIP: 73360CAD6<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |   2075000 | PA      | $1597774.07   | 0.37%             | 2050-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Prairie Farm Metropolitan District                                               | PRAIRIE FARM MET DIST CO                                     | CUSIP: 73955CAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    736000 | PA      | $735945.02    | 0.17%             | 2048-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Princeton TX                                                             | PRINCETON TX SPL ASSMNT REVENUE                              | CUSIP: 742400CM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $97942.09     | 0.02%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Princeton TX                                                             | PRINCETON TX SPL ASSMNT REVENUE                              | CUSIP: 742400CN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200483.74    | 0.05%             | 2054-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Princeton TX                                                             | PRINCETON TX SPL ASSMNT REVENUE                              | CUSIP: 742400CP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     47000 | PA      | $47185.51     | 0.01%             | 2031-09-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| City of Princeton TX                                                             | PRINCETON TX SPL ASSMNT REVENUE                              | CUSIP: 742400CQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $145293.36    | 0.03%             | 2044-09-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| City of Princeton TX                                                             | PRINCETON TX SPL ASSMNT REVENUE                              | CUSIP: 742400CR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    247000 | PA      | $248365.71    | 0.06%             | 2054-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                          | CUSIP: 744396EW8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2420000 | PA      | $2228198.06   | 0.51%             | 2049-06-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                          | CUSIP: 744396FW7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    345000 | PA      | $297175.96    | 0.07%             | 2041-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                          | CUSIP: 744396FX5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    895000 | PA      | $690531.88    | 0.16%             | 2055-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                          | CUSIP: 744396GB2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1226017.19   | 0.28%             | 2056-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                          | CUSIP: 744396GZ9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    495000 | PA      | $417746.79    | 0.10%             | 2056-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                          | CUSIP: 744396HF2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2960000 | PA      | $2335351.79   | 0.54%             | 2056-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI MF HSG REVENUE                            | CUSIP: 74441XJH3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    875000 | PA      | $867843.73    | 0.20%             | 2065-07-01      | Floating      | 7.13%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EFA3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2568426.84   | 0.59%             | 2049-06-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EFW5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4030000 | PA      | $3177294.32   | 0.73%             | 2055-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442ELU2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    160000 | PA      | $151409.70    | 0.03%             | 2044-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EML1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    425000 | PA      | $407249.20    | 0.09%             | 2060-04-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PA70<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3270000 | PA      | $3310654.93   | 0.76%             | 2043-07-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PD28<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2445000 | PA      | $2451032.06   | 0.56%             | 2032-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PD36<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3020000 | PA      | $3401842.76   | 0.78%             | 2059-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PD93<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000286 | PA      | $1996957.59   | 0.46%             | 2032-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PDD4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    570000 | PA      | $313500.00    | 0.07%             | 2046-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PDE2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    900000 | PA      | $495000.00    | 0.11%             | 2046-11-01      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PEU5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    605000 | PA      | $60500.00     | 0.01%             | 2031-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PEW1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    605000 | PA      | $60500.00     | 0.01%             | 2047-10-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PG58<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $458805.60    | 0.11%             | 2038-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PH32<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1264635.67   | 0.29%             | 2054-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PP66<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2075000 | PA      | $2230160.62   | 0.51%             | 2061-01-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PPR0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1440000 | PA      | $849265.78    | 0.19%             | 2035-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PPS8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |  35940000 | PA      | $3184909.36   | 0.73%             | 2060-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PPT6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1052611.62   | 0.24%             | 2035-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PQ81<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3195000 | PA      | $969125.61    | 0.22%             | 2042-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PTF2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1025000 | PA      | $850347.59    | 0.19%             | 2051-09-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PTG0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    980000 | PA      | $793020.80    | 0.18%             | 2056-03-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI MENTAL HLTHCARE FACS REVENUE              | CUSIP: 74443XAC1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1470000 | PA      | $961744.12    | 0.22%             | 2051-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDUCTNL REVENUE                           | CUSIP: 74445GAQ5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    530000 | PA      | $520369.26    | 0.12%             | 2049-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDUCTNL REVENUE                           | CUSIP: 74445GAR3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    355000 | PA      | $344282.73    | 0.08%             | 2053-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI SPL FAC REVENUE                           | CUSIP: 74446DAJ7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1324162.62   | 0.30%             | 2054-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI SPL REVENUE                               | CUSIP: 74447TAG7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4660000 | PA      | $4659357.39   | 1.07%             | 2033-12-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI TOLL REVENUE                              | CUSIP: 74448UAC2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1560000 | PA      | $1713329.59   | 0.39%             | 2065-12-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI TOLL REVENUE                              | CUSIP: 74448UAD0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1865000 | PA      | $1931665.36   | 0.44%             | 2065-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3G0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |         2 | PA      | $2.06         | 0.00%             | 2027-07-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1270838.01   | 0.29%             | 2029-07-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3J4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   2153514 | PA      | $2387848.20   | 0.55%             | 2031-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3L9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   4100055 | PA      | $4027443.03   | 0.92%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3N5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    140663 | PA      | $129091.48    | 0.03%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3P0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    682092 | PA      | $602030.70    | 0.14%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3R6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1764690 | PA      | $1272970.25   | 0.29%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L4G9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |  27966874 | PA      | $16570372.72  | 3.80%             | 2051-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YAA3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    580000 | PA      | $382800.00    | 0.09%             | 2031-07-01      | Floating      | 1.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YAE5<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    378858 | PA      | $250046.28    | 0.06%             | 2019-07-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YAF2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    323010 | PA      | $213186.60    | 0.05%             | 2019-07-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YAG0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    323010 | PA      | $213186.60    | 0.05%             | 2019-07-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YBT1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    295000 | PA      | $194700.00    | 0.04%             | 2018-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YBV6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    145000 | PA      | $95700.00     | 0.02%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YDG7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    910000 | PA      | $600600.00    | 0.14%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YDJ1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   2545000 | PA      | $1679700.00   | 0.39%             | 2022-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YDM4<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    345000 | PA      | $227700.00    | 0.05%             | 2024-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YDT9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    260000 | PA      | $171600.00    | 0.04%             | 2026-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YDV4<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    110000 | PA      | $72600.00     | 0.02%             | 2027-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YDY8<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    145000 | PA      | $95700.00     | 0.02%             | 2028-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEA9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |     95000 | PA      | $62700.00     | 0.01%             | 2029-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YED3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    120000 | PA      | $79200.00     | 0.02%             | 2033-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEE1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1020000 | PA      | $673200.00    | 0.15%             | 2040-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEF8<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    645000 | PA      | $425700.00    | 0.10%             | 2035-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEG6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1310000 | PA      | $864600.00    | 0.20%             | 2022-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEK7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    887453 | PA      | $585718.98    | 0.13%             | 2018-01-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEL5<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |     89721 | PA      | $59215.86     | 0.01%             | 2020-01-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEM3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    887597 | PA      | $585814.02    | 0.13%             | 2018-07-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEN1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |     89721 | PA      | $59215.86     | 0.01%             | 2020-07-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEP6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    200000 | PA      | $132000.00    | 0.03%             | 2017-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEQ4<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1175000 | PA      | $775500.00    | 0.18%             | 2018-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YER2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    145000 | PA      | $95700.00     | 0.02%             | 2019-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YES0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1052700.00   | 0.24%             | 2020-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEU5<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    205000 | PA      | $135300.00    | 0.03%             | 2038-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEV3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    860000 | PA      | $567600.00    | 0.13%             | 2036-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFC4<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1085000 | PA      | $716100.00    | 0.16%             | 2040-07-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFD2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1335000 | PA      | $881100.00    | 0.20%             | 2036-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFE0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   3295000 | PA      | $2174700.00   | 0.50%             | 2033-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFG5<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    375000 | PA      | $247500.00    | 0.06%             | 2043-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFJ9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    760773 | PA      | $502110.18    | 0.12%             | 2020-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFM2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    403882 | PA      | $266562.12    | 0.06%             | 2020-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFN0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |     60000 | PA      | $39600.00     | 0.01%             | 2017-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFP5<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |     55000 | PA      | $36300.00     | 0.01%             | 2018-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFQ3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    495000 | PA      | $326700.00    | 0.07%             | 2049-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFR1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |     75095 | PA      | $49562.70     | 0.01%             | 2019-07-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFW0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    455000 | PA      | $300300.00    | 0.07%             | 2019-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth  | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC | CUSIP: 74528LAA9<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |    265000 | PA      | $300366.00    | 0.07%             | 2045-01-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth  | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC | CUSIP: 74528LAB7<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |    175000 | PA      | $198307.34    | 0.05%             | 2042-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth  | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC | CUSIP: 74528LAC5<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |    265000 | PA      | $299365.54    | 0.07%             | 2045-01-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JPW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1912000 | PA      | $1807799.82   | 0.41%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5390000 | PA      | $5234987.37   | 1.20%             | 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: 74529JQD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $176807.34    | 0.04%             | 2029-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JQF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1023000 | PA      | $774593.61    | 0.18%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7133000 | PA      | $2482515.82   | 0.57%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JQK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2402000 | PA      | $2382288.47   | 0.55%             | 2040-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JQW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    883000 | PA      | $307312.70    | 0.07%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JRH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1559000 | PA      | $1511442.24   | 0.35%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JRK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     21000 | PA      | $19022.03     | 0.00%             | 2053-07-01      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JRL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2080000 | PA      | $1956024.51   | 0.45%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Rancho Mirage Community Facilities District                                      | RANCHO MIRAGE CA CMNTY FACS DIST SPL TAX                     | CUSIP: 75213WCM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $273709.75    | 0.06%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Redtail Ridge Metropolitan District                                              | REDTAIL RIDGE MET DIST CO                                    | CUSIP: 75773CAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4864000 | PA      | $3022155.93   | 0.69%             | 2032-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Reflection Bay Community Development District                                    | REFLECTION BAY CDD FL SPL ASSMNT                             | CUSIP: 75865NAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $153344.19    | 0.04%             | 2045-05-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Reflection Bay Community Development District                                    | REFLECTION BAY CDD FL SPL ASSMNT                             | CUSIP: 75865NAD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $250187.16    | 0.06%             | 2055-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Ridges Estates Infrastructure Financing District                                 | RIDGES ESTATES INFRASTRUCTURE FING DIST UT SPL ASSMNT        | CUSIP: 76610DAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1709000 | PA      | $1767657.67   | 0.41%             | 2053-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Parish of St James LA                                                            | SAINT JAMES PARISH LA REVENUE                                | CUSIP: 790103AV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1719443.85   | 0.39%             | 2040-07-01      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Salt Verde Financial Corp                                                        | SALT VERDE AZ FINANCIAL CORP SENIOR GAS REVENUE              | CUSIP: 79575EAS7<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1805471.75   | 0.41%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Marcos TX                                                            | SAN MARCOS TX SPL ASSMNT REVENUE                             | CUSIP: 798801AT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $96991.29     | 0.02%             | 2032-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of San Marcos TX                                                            | SAN MARCOS TX SPL ASSMNT REVENUE                             | CUSIP: 798801AV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $417493.73    | 0.10%             | 2051-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| City of Seagoville TX                                                            | SEAGOVILLE TX SPL ASSMNT REVENUE                             | CUSIP: 811829AG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $303033.50    | 0.07%             | 2054-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Seminole County Industrial Development Authority                                 | SEMINOLE CNTY FL INDL DEV AUTH                               | CUSIP: 81669TAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    985000 | PA      | $929060.27    | 0.21%             | 2054-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Seminole Palms Community Development District                                    | SEMINOLE PALMS FL CDD SPL ASSMNT                             | CUSIP: 816775AF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    345000 | PA      | $336860.21    | 0.08%             | 2055-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Shadowlawn Community Development District                                        | SHADOWLAWN CDD FL SPL ASSMNT REVENUE                         | CUSIP: 818820AC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $225511.22    | 0.05%             | 2054-05-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| City of Shawnee KS                                                               | SHAWNEE KS EDU FACS REVENUE                                  | CUSIP: 820668AB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $211698.12    | 0.05%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Shawnee KS                                                               | SHAWNEE KS EDU FACS REVENUE                                  | CUSIP: 820668AC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $706169.12    | 0.16%             | 2056-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sierra Vista Industrial Development Authority                                    | SIERRA VISTA AZ INDL DEV AUTH AUTH ED FAC REV                | CUSIP: 82652UAP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $236381.67    | 0.05%             | 2054-06-15      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Sierra Vista Industrial Development Authority                                    | SIERRA VISTA AZ INDL DEV AUTH AUTH ED FAC REV                | CUSIP: 82652UAQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $471918.46    | 0.11%             | 2064-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Sierra Vista Industrial Development Authority                                    | SIERRA VISTA AZ INDL DEV AUTH AUTH ED FAC REV                | CUSIP: 82652UAU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $57509.78     | 0.01%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sierra Vista Industrial Development Authority                                    | SIERRA VISTA AZ INDL DEV AUTH AUTH ED FAC REV                | CUSIP: 82652UAV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $495784.01    | 0.11%             | 2044-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sierra Vista Industrial Development Authority                                    | SIERRA VISTA AZ INDL DEV AUTH AUTH ED FAC REV                | CUSIP: 82652UAW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $526641.93    | 0.12%             | 2054-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Sinton TX                                                                | SINTON TX SPL ASSMNT REVENUE                                 | CUSIP: 829366AC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    858000 | PA      | $846295.59    | 0.19%             | 2042-09-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| City of Sinton TX                                                                | SINTON TX SPL ASSMNT REVENUE                                 | CUSIP: 829366AD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1195000 | PA      | $1177545.59   | 0.27%             | 2051-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SkyRidge Pegasus Infrastructure Financing District                               | SKYRIDGE PEGASUS INFRASTRUCTURE FING DIST UT                 | CUSIP: 83089AAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1485000 | PA      | $1466503.29   | 0.34%             | 2044-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Sojourn at Idlewild Metropolitan District                                        | SOJOURN AT IDLEWILD MET DIST CO                              | CUSIP: 83408GAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $515454.15    | 0.12%             | 2055-12-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Solaeris Community Development District                                          | SOLAERIS CDD FL SPL ASSMNT                                   | CUSIP: 83409XAE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    865000 | PA      | $892256.84    | 0.20%             | 2045-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| South Broward Hospital District                                                  | SOUTH BROWARD FL HOSP DIST                                   | CUSIP: 836753NP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    720000 | PA      | $529312.18    | 0.12%             | 2051-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH ECON DEV REVENUE        | CUSIP: 837031H97<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1590000 | PA      | $1683099.27   | 0.39%             | 2060-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH EDUCTNL FACS REVENUE    | CUSIP: 83704MCH7<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    605000 | PA      | $540373.30    | 0.12%             | 2062-08-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                     | CUSIP: 84136HBC6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1306027.93   | 0.30%             | 2056-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of St Louis Missouri/The            | SAINT LOUIS MO INDL DEV AUTH FING REVENUE                    | CUSIP: 85236BAB8<br>LEI: 549300WTUL8KX1FOUZ40 | Long             | DBT              | MUN               | US        |    685000 | PA      | $628490.79    | 0.14%             | 2035-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| St Vrain Lakes Metropolitan District No 4                                        | ST VRAIN LAKES MET DIST NO 4                                 | CUSIP: 85237KAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1035000 | PA      | $726127.64    | 0.17%             | 2054-09-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Stamford Housing Authority                                                       | STAMFORD CT HSG AUTH                                         | CUSIP: 852640AK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    445000 | PA      | $453959.90    | 0.10%             | 2055-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Stamford Housing Authority                                                       | STAMFORD CT HSG AUTH                                         | CUSIP: 852640AL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $310141.08    | 0.07%             | 2060-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Suffolk Regional Off-Track Betting Corp                                          | SUFFOLK REGL OFF-TRACK BETTING CORP NY REV                   | CUSIP: 86480TAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    605000 | PA      | $623505.01    | 0.14%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sunrise Community Development District                                           | SUNRISE CDD FL CAPITAL IMPT REVENUE                          | CUSIP: 86771UAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1337501.97   | 0.31%             | 2045-05-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Tahoe-Douglas Visitors Authority                                                 | TAHOE-DOUGLAS VISITORS AUTH NV STATELINE REVENUE             | CUSIP: 873816AR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $365387.23    | 0.08%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tahoe-Douglas Visitors Authority                                                 | TAHOE-DOUGLAS VISITORS AUTH NV STATELINE REVENUE             | CUSIP: 873816AS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $463018.11    | 0.11%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | New York City Housing Development Corp                       | CUSIP: 64972CMP5<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $8971708.50   | 2.06%             | 2045-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                   | CUSIP: 88035MVB8<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   6780000 | PA      | $7086517.70   | 1.62%             | 2050-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990KHB2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   4577437 | PA      | $4774752.56   | 1.09%             | 2054-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 1675934T6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7380000 | PA      | $7794900.65   | 1.79%             | 2059-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Tennergy Corp/TN                                                                 | TENNERGY CORP TN GAS REVENUE                                 | CUSIP: 880397CF9<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |   2520000 | PA      | $2732609.88   | 0.63%             | 2053-10-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Terrell TX                                                               | TERRELL TX SPL ASSMNT REVENUE                                | CUSIP: 881435AE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1195000 | PA      | $1222486.91   | 0.28%             | 2055-09-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Texas Community Housing & Economic Development Corp                              | TEXAS CMNTY HSG & ECON DEV CORP RSDL DEV REVENUE             | CUSIP: 88231CAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1635000 | PA      | $1529942.26   | 0.35%             | 2065-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp III                                | TEXAS ST MUNI GAS ACQUISITION& SPLY CORP III GAS SPLY REVEN  | CUSIP: 88256HBH0<br>LEI: 0UDITKOYW0YKG3BBP242 | Long             | DBT              | MUN               | US        |    860000 | PA      | $939027.12    | 0.22%             | 2032-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Private Activity Bond Surface Transportation Corp                          | TEXAS ST PRIV ACTIVITY BOND SURFACE TRANSPRTN CORP REVENUE   | CUSIP: 882667BX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3155000 | PA      | $3281956.88   | 0.75%             | 2058-12-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                                | TOBACCO SETTLEMENT FING CORP NJ                              | CUSIP: 888808HT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4381370.55   | 1.00%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp/RI                                             | TOBACCO SETTLEMENT FING CORP RI                              | CUSIP: 888809AH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2060000 | PA      | $297837.07    | 0.07%             | 2052-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp/VA                                             | TOBACCO SETTLEMENT FING CORP VA                              | CUSIP: 88880NAU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2125000 | PA      | $1780760.63   | 0.41%             | 2047-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                           | TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE         | CUSIP: 896035CD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $287648.79    | 0.07%             | 2058-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Trout Creek Community Development District                                       | TROUT CREEK CDD FL CAPITAL IMPT REVENUE                      | CUSIP: 897188AF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $439026.95    | 0.10%             | 2038-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Trout Creek Community Development District                                       | TROUT CREEK CDD FL CAPITAL IMPT REVENUE                      | CUSIP: 897188AG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1110340.99   | 0.25%             | 2049-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TSASC Inc/NY                                                                     | TSASC INC NY                                                 | CUSIP: 898526FR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $464951.78    | 0.11%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tulsa County Industrial Authority                                                | TULSA CNTY OK INDL AUTH SENIOR LIVING CMNTY REVENUE          | CUSIP: 899530AY5<br>LEI: 549300WEYXBXLGN1E271 | Long             | DBT              | MUN               | US        |    750000 | PA      | $760438.20    | 0.17%             | 2037-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tulsa Authority for Economic Opportunity                                         | TULSA OK AUTH ECON OPPTY TAX APPORTIONMENT REVENUE           | CUSIP: 899650AB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $302042.03    | 0.07%             | 2041-12-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Tulsa Municipal Airport Trust Trustees/OK                                        | TULSA OK MUNI ARPT TRUST TRUSTEES                            | CUSIP: 899661EN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1815000 | PA      | $2035436.29   | 0.47%             | 2040-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Tuscaloosa County Industrial Development Authority                               | TUSCALOOSA CNTY AL INDL DEV AUTH GULF OPPORTUNITY ZONE       | CUSIP: 90068FAZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $337169.83    | 0.08%             | 2044-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ulster County Capital Resource Corp                                              | ULSTER CNTY NY CAPITAL RESOURCE CORP REVENUE                 | CUSIP: 903768AH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $494357.10    | 0.11%             | 2059-09-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| University of Wyoming                                                            | UNIV OF WYOMING WY UNIV REVENUES                             | CUSIP: 915268J31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1242582.02   | 0.28%             | 2051-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Utah UT                                                                | UTAH CNTY UT HOSP REVENUE                                    | CUSIP: 917393DC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $748077.10    | 0.17%             | 2050-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Utah Infrastructure Agency                                                       | UTAH INFRASTRUCTURE AGY TELECOMUNICATION REVENUE             | CUSIP: 917467DB5<br>LEI: 549300WD2FDRNXU16V82 | Long             | DBT              | MUN               | US        |    160000 | PA      | $166037.70    | 0.04%             | 2044-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Utah Infrastructure Agency                                                       | UTAH INFRASTRUCTURE AGY TELECOMUNICATION REVENUE             | CUSIP: 917467DC3<br>LEI: 549300WD2FDRNXU16V82 | Long             | DBT              | MUN               | US        |    150000 | PA      | $153781.07    | 0.04%             | 2048-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                            | UTAH ST CHRT SCH FIN AUTH CHRT SCH REVENUE                   | CUSIP: 91754TH30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $384209.11    | 0.09%             | 2052-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Valparaiso IN                                                            | VALPARAISO IN EXEMPT FACS REVENUE                            | CUSIP: 92028RAD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $243139.06    | 0.06%             | 2034-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 14                                     | VLG FL CDD #14 SPL ASSMNT REVENUE                            | CUSIP: 92708JAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1083021.14   | 0.25%             | 2042-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 14                                     | VLG FL CDD #14 SPL ASSMNT REVENUE                            | CUSIP: 92708JAE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $788997.59    | 0.18%             | 2053-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 16                                     | VLG CDD #16 FL SPL ASSMNT REVENUE                            | CUSIP: 92708MAD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1348407.41   | 0.31%             | 2045-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Virginia Beach Development Authority                                             | VIRGINIA BEACH VA DEV AUTH RSDL CARE FAC REVENUE             | CUSIP: 92774NBB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $660098.04    | 0.15%             | 2053-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Virginia Beach Development Authority                                             | VIRGINIA BEACH VA DEV AUTH RSDL CARE FAC REVENUE             | CUSIP: 92774NBF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $428260.81    | 0.10%             | 2029-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA SMALL BUSINESS FING AUTH PRIV ACTIVITY REVENUE SR   | CUSIP: 928097AD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1946935.80   | 0.45%             | 2056-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH REVENUE                 | CUSIP: 928104PX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    840000 | PA      | $743077.36    | 0.17%             | 2048-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Volusia County Educational Facility Authority                                    | VOLUSIA CNTY FL EDUCTNL FAC AUTH                             | CUSIP: 928836NY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1049520.74   | 0.24%             | 2049-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783Q66<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    340000 | PA      | $344319.12    | 0.08%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783Q74<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    320000 | PA      | $318072.64    | 0.07%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783SP2<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    315000 | PA      | $315065.99    | 0.07%             | 2035-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783SQ0<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    850000 | PA      | $840898.97    | 0.19%             | 2045-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783U20<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    100000 | PA      | $102209.53    | 0.02%             | 2059-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783U53<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    275000 | PA      | $265667.30    | 0.06%             | 2053-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783U61<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    225000 | PA      | $218675.61    | 0.05%             | 2059-01-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783U87<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1080023.87   | 0.25%             | 2029-07-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                            | CUSIP: 93978HF75<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    700000 | PA      | $743407.77    | 0.17%             | 2055-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT REVENUE           | CUSIP: 93978LGG5<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    450000 | PA      | $387557.33    | 0.09%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Waters' Edge Metropolitan District No 2                                          | WATERS EDGE MET DIST #2 CO                                   | CUSIP: 94184VAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    790000 | PA      | $738070.77    | 0.17%             | 2051-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TIMBERHP BY GO LAB INC                                                           | TIMBERHP BY GO LAB INC                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    129263 | NS      | $867354.73    | 0.20%             |  |  |  | No            |                  3 | On Loan: No      |
| West Villages Improvement District                                               | W VLGS FL IMPT DIST                                          | CUSIP: 956454BJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $456056.37    | 0.10%             | 2039-05-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| West Villages Improvement District                                               | W VLGS FL IMPT DIST                                          | CUSIP: 956454BK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    940000 | PA      | $929110.95    | 0.21%             | 2050-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Villages Improvement District                                               | W VLGS FL IMPT DIST                                          | CUSIP: 956454CM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $326726.82    | 0.07%             | 2054-05-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp                                        | WESTCHESTER CNTY NY LOCAL DEV CORP REVENUE                   | CUSIP: 95737TES1<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |    730000 | PA      | $726740.77    | 0.17%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp                                        | WESTCHESTER CNTY NY LOCAL DEV CORP REVENUE                   | CUSIP: 95737TEU6<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |    810000 | PA      | $713141.98    | 0.16%             | 2056-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westside Haines City Community Development District                              | WESTSIDE HAINES CITY CDD SPL ASSMNT                          | CUSIP: 96150AAG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $250793.37    | 0.06%             | 2054-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity Funds                                                        | BlackRock Liquidity Funds: MuniCash, Institutional Shares    | CUSIP: 09248U841<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |   1753408 | NS      | $1753582.86   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712DPV2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1043004.09   | 0.24%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JED1<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    910000 | PA      | $755647.07    | 0.17%             | 2047-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JJF1<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1743146.00   | 0.40%             | 2059-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Wood Ranch Public Infrastructure District                                        | WOOD RANCH PUB INFRASTRUCTURE DIST UT SPL ASSMNT             | CUSIP: 97850AAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $187032.48    | 0.04%             | 2053-12-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |

### Signature

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

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

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer