# EDGAR Filing Document

**Accession Number:** 0001804196
**File Stem:** 0001410368-26-027058
**Filing Date:** 2026-3
**Character Count:** 422975
**Document Hash:** 97bc6bd1bcbaeae04f287f64de4495cc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-027058.hdr.sgml**: 20260317

**ACCESSION NUMBER**: 0001410368-26-027058

**CONFORMED SUBMISSION TYPE**: N-CEN/A

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20260317

**DATE AS OF CHANGE**: 20260317

**EFFECTIVENESS DATE**: 20260317

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock ETF Trust II
- **CENTRAL INDEX KEY:** 0001804196

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

**FILING VALUES:**
- **FORM TYPE:** N-CEN/A
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23511
- **FILM NUMBER:** 26760953

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 800 882 0052

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

## Series and Classes Contracts Data

### iShares Short Duration High Yield Muni Active ETF (Series ID: S000068548)

| Class ID   | Class Name                                        | Ticker Symbol   |
|:---|:---|:---|
| C000219258 | iShares Short Duration High Yield Muni Active ETF |  |

### iShares Intermediate Muni Income Active ETF (Series ID: S000070976)

| Class ID   | Class Name                                  | Ticker Symbol   |
|:---|:---|:---|
| C000225367 | iShares Intermediate Muni Income Active ETF |  |

### iShares Floating Rate Loan Active ETF (Series ID: S000077718)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000238207 | iShares Floating Rate Loan Active ETF |  |

### iShares AAA CLO Active ETF (Series ID: S000079064)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000239899 | iShares AAA CLO Active ETF |  |

### iShares Flexible Income Active ETF (Series ID: S000080411)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000242803 | iShares Flexible Income Active ETF |  |

### iShares Short-Term California Muni Active ETF (Series ID: S000080457)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000242862 | iShares Short-Term California Muni Active ETF |  |

### iShares Large Cap Moderate Quarterly Laddered ETF (Series ID: S000080645)

| Class ID   | Class Name                                        | Ticker Symbol   |
|:---|:---|:---|
| C000243161 | iShares Large Cap Moderate Quarterly Laddered ETF |  |

### iShares Large Cap Deep Quarterly Laddered ETF (Series ID: S000080646)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000243162 | iShares Large Cap Deep Quarterly Laddered ETF |  |

### iShares Total Return Active ETF (Series ID: S000083073)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000246586 | iShares Total Return Active ETF |  |

### iShares BBB-B CLO Active ETF (Series ID: S000089141)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000255648 | iShares BBB-B CLO Active ETF |  |

## Internal

**Report of Independent Registered Public Accounting Firm** 

To the Board of Trustees of BlackRock ETF Trust II and Shareholders of each of the ten funds listed in Appendix A

In planning and performing our audits of the financial statements of the funds listed in Appendix A (hereafter collectively referred to as the "Funds") as of and for the periods ended July 31, 2025, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), we considered the Funds' internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Funds' internal control over financial reporting. Accordingly, we do not express an opinion on the effectiveness of the Funds' internal control over financial reporting.

The management of the Funds is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company's internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a company's assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the company's annual or interim financial statements will not be prevented or detected on a timely basis.

Our consideration of the Funds' internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in

------

internal control over financial reporting that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies in the Funds' internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be material weaknesses as defined above as of July 31, 2025.

This report is intended solely for the information and use of the Board of Trustees of BlackRock ETF Trust II and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.

/s/PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania

September 23, 2025

------

**Appendix A** 

**BlackRock ETF Trust II**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. iShares AAA CLO Active ETF

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. iShares BBB-B CLO Active ETF\*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. iShares Flexible Income Active ETF

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. iShares Floating Rate Loan Active ETF

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. iShares Intermediate Muni Income Active ETF

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. iShares Large Cap Deep Buffer ETF

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. iShares Large Cap Moderate Buffer ETF

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. iShares Short Duration High Yield Muni Active ETF

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. iShares Short-Term California Muni Active ETF

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. iShares Total Return Active ETF

\*January 29, 2025 (commencement of operations) through July 31, 2025

# Form N-CEN: Annual Report for Registered Investment Companies

## N-CEN: Filer Information
**Submission Type:** N-CEN/A
**CIK:** 0001804196

## N-CEN: Series/Class (Contract) Information

**Series ID Record:1**
- **Series ID:** S000080411

**Series ID Record:2**
- **Series ID:** S000079064

**Series ID Record:3**
- **Series ID:** S000077718

**Series ID Record:4**
- **Series ID:** S000089141

**Series ID Record:5**
- **Series ID:** S000080457

**Series ID Record:6**
- **Series ID:** S000070976

**Series ID Record:7**
- **Series ID:** S000068548

**Series ID Record:8**
- **Series ID:** S000083073

**Series ID Record:9**
- **Series ID:** S000080645

**Series ID Record:10**
- **Series ID:** S000080646

**Class ID Record:1**
- **Class ID:** C000242803

**Class ID Record:2**
- **Class ID:** C000239899

**Class ID Record:3**
- **Class ID:** C000238207

**Class ID Record:4**
- **Class ID:** C000255648

**Class ID Record:5**
- **Class ID:** C000242862

**Class ID Record:6**
- **Class ID:** C000225367

**Class ID Record:7**
- **Class ID:** C000219258

**Class ID Record:8**
- **Class ID:** C000246586

**Class ID Record:9**
- **Class ID:** C000243161

**Class ID Record:10**
- **Class ID:** C000243162

### N-CEN: Part A: General Information

**Item A.1.a - Report for period ending:** 2025-07-31

**Item A.1.b - Does this report cover a period of less than 12 months?:** No

## N-CEN: Part B: Information About the Registrant

- **Item B.1.a - Full name of Registrant:** BlackRock ETF Trust II

- **Item B.1.b - Investment Company Act file number:** 811-23511

- **Item B.1.c - CIK:** 0001804196

- **Item B.1.d - LEI:** 549300PLJCTZLQ2LE832

- **Item B.2.a - Street 1:** 100 BELLEVUE PARKWAY

- **Item B.2.b - City:** WILMINGTON

- **Item B.2.c - State:** DE

- **Item B.2.e - Zip Code:** 19809

- **Item B.2.f - Telephone:** 800-441-7762

- **Item B.2.g - Public Website:** www.blackrock.com

### Item B.3 - Location of books and records

**Location books Record: 1**

- **a. Name of person (e.g., a custodian of records):** BlackRock (Singapore) Limited

- **b. Street 1:** 20 Anson Road

- **c. City:** Singapore

- **f. Zip code and zip code extension, or foreign postal code:** 079912

- **g. Telephone number:** 65 6411 3000

- **h. Briefly describe the books and records kept at this location:** Records related to its functions as sub-advisor

**Location books Record: 2**

- **a. Name of person (e.g., a custodian of records):** BlackRock Investments, LLC

- **b. Street 1:** 50 Hudson Yards

- **c. City:** New York

- **d. State, if applicable:** NY

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 10001

- **g. Telephone number:** 609-282-3046

- **h. Briefly describe the books and records kept at this location:** Records related to its functions as distributor

**Location books Record: 3**

- **a. Name of person (e.g., a custodian of records):** BlackRock Fund Advisors

- **b. Street 1:** 400 Howard Street

- **c. City:** San Francisco

- **d. State, if applicable:** CA

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 94105

- **g. Telephone number:** 415-670-2000

- **h. Briefly describe the books and records kept at this location:** Records related to its functions as advisor

**Location books Record: 4**

- **a. Name of person (e.g., a custodian of records):** State Street Bank and Trust Company

- **b. Street 1:** One Congress Street

- **Street 2:** Mail Stop SUM0703

- **c. City:** Boston

- **d. State, if applicable:** MA

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 02114

- **g. Telephone number:** 617-786-3000

- **h. Briefly describe the books and records kept at this location:** Records related to its functions as administrator, accounting agent, transfer agent and custodian

**Location books Record: 5**

- **a. Name of person (e.g., a custodian of records):** The Bank of New York Mellon

- **b. Street 1:** 240 Greenwich Street

- **c. City:** New York

- **d. State, if applicable:** NY

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 10286

- **g. Telephone number:** 212-495-1784

- **h. Briefly describe the books and records kept at this location:** Records related to its functions as administrator, accounting agent, transfer agent and custodian

**Location books Record: 6**

- **a. Name of person (e.g., a custodian of records):** BlackRock International Limited

- **b. Street 1:** 1 Semple Street

- **c. City:** Edinburgh

- **f. Zip code and zip code extension, or foreign postal code:** EH3 8BL

- **g. Telephone number:** 44 131 472 7200

- **h. Briefly describe the books and records kept at this location:** Records related to its functions as sub-advisor

- **Item B.4.a - Is this the first filing by the Registrant?:** No

- **Item B.4.b - Is this the last filing by the Registrant?:** No

- **Item B.5.a - Is the Registrant part of a family of investment companies?:** Yes

- **Item B.5.a.i - Full name of family of investment companies:** BlackRock-advised Funds

### Item B.6 - Organization

- [x] a. Open-end management investment company registered under the Act on Form N-1A

- [ ] b. Closed-end management investment company registered under the Act on Form N-2

- [ ] c. Separate account offering variable annuity contracts which is registered under the Act as a management investment company on Form N-3

- [ ] d. Separate account offering variable annuity contracts which is registered under the Act as a unit investment trust on Form N-4

- [ ] e. Small business investment company registered under the Act on Form N-5

- [ ] f. Separate account offering variable insurance contracts which is registered under the Act as a unit investment trust on Form N-6

- [ ] g. Unit investment trust registered under the Act on Form N-8B-2

- **Item B.6.i - Total number of Series:** 13

- **Item B.7 - Is the Registrant the issuer of a class of securities registered under the Securities Act?:** Yes

### Item B.8 - Directors

| Name                | Is Interested Person?   | Other Investment Company File Numbers                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|:---|:---|:---|
| R. Glenn Hubbard    | No                      | 811-21434, 811-21506, 811-04375, 811-22603, 811-07136, 811-22426, 811-08573, 811-21702, 811-23346, 811-22501, 811-06660, 811-23343, 811-06728, 811-23340, 811-23626, 811-21053, 811-22606, 811-05611, 811-07354, 811-23428, 811-21566, 811-22774, 811-21972, 811-02857, 811-10543, 811-21784, 811-08217, 811-10339, 811-06414, 811-07080, 811-08081, 811-21835, 811-23466, 811-07478, 811-09191, 811-21126, 811-23701, 811-23621, 811-06500, 811-07642, 811-10337, 811-23345, 811-04802, 811-21413, 811-21318, 811-05542, 811-10331, 811-21729, 811-23344, 811-23341, 811-21656, 811-02688, 811-22032, 811-08603, 811-23625, 811-21457, 811-21348, 811-23564, 811-23339, 811-08621, 811-21178, 811-05603, 811-22991, 811-04264, 811-06540, 811-21349                                                                                                                                                                                                                                                                                                                                           |
| John M. Perlowski   | Yes                     | 811-02809, 811-22606, 811-06660, 811-21759, 811-06414, 811-05723, 811-23466, 811-10337, 811-08603, 811-23626, 811-10339, 811-03189, 811-03290, 811-02661, 811-09637, 811-22501, 811-07899, 811-22426, 811-21729, 811-21126, 811-22774, 811-05603, 811-23339, 811-22603, 811-22991, 811-08217, 811-21656, 811-07642, 811-09651, 811-21413, 811-04282, 811-21318, 811-02739, 811-21434, 811-07332, 811-07136, 811-21566, 811-21349, 811-09191, 811-21702, 811-23428, 811-06728, 811-03091, 811-07478, 811-06669, 811-21763, 811-05611, 811-04802, 811-23625, 811-02688, 811-21506, 811-04612, 811-23584, 811-10331, 811-06500, 811-08081, 811-04375, 811-05542, 811-08797, 811-21053, 811-21835, 811-07177, 811-23380, 811-23346, 811-05178, 811-21178, 811-23341, 811-08621, 811-23340, 811-07080, 811-07885, 811-22061, 811-07171, 811-23343, 811-23564, 811-02354, 811-21784, 811-08573, 811-05576, 811-21457, 811-23402, 811-23701, 811-02857, 811-23344, 811-21348, 811-23621, 811-04264, 811-07354, 811-05742, 811-10543, 811-22032, 811-08162, 811-06540, 811-02405, 811-23345, 811-21972 |
| Stayce D. Harris    | No                      | 811-21434, 811-22603, 811-23466, 811-06728, 811-23564, 811-23428, 811-23621, 811-09191, 811-10337, 811-21053, 811-21729, 811-23626, 811-08217, 811-22606, 811-04375, 811-23343, 811-21702, 811-08603, 811-23345, 811-08081, 811-08621, 811-02857, 811-08573, 811-22032, 811-06414, 811-21126, 811-07136, 811-23344, 811-21413, 811-21506, 811-23625, 811-23339, 811-23340, 811-23346, 811-07354, 811-04802, 811-10331, 811-21318, 811-06500, 811-23701, 811-06540, 811-04264, 811-21972, 811-02688, 811-21348, 811-21178, 811-22774, 811-05611, 811-22501, 811-23341, 811-22426, 811-10543, 811-10339, 811-21784, 811-21566, 811-07080, 811-05542, 811-07478, 811-21349, 811-05603, 811-06660, 811-21835, 811-21457, 811-07642, 811-22991, 811-21656                                                                                                                                                                                                                                                                                                                                           |
| Lorenzo A. Flores   | No                      | 811-22501, 811-21972, 811-06660, 811-21434, 811-10543, 811-21506, 811-21413, 811-21729, 811-08217, 811-23626, 811-08603, 811-05603, 811-22991, 811-21566, 811-06540, 811-05542, 811-21126, 811-21656, 811-08621, 811-22606, 811-04264, 811-07642, 811-21702, 811-22426, 811-21835, 811-22603, 811-10339, 811-04375, 811-23428, 811-07354, 811-22774, 811-23339, 811-21349, 811-21318, 811-10331, 811-23344, 811-06414, 811-23621, 811-23701, 811-21348, 811-23345, 811-10337, 811-08573, 811-07080, 811-21053, 811-23341, 811-06728, 811-23343, 811-23466, 811-05611, 811-04802, 811-08081, 811-21457, 811-02688, 811-07478, 811-21178, 811-23625, 811-06500, 811-23340, 811-09191, 811-22032, 811-02857, 811-23564, 811-21784, 811-07136, 811-23346                                                                                                                                                                                                                                                                                                                                           |
| Cynthia L. Egan     | No                      | 811-22991, 811-04375, 811-21835, 811-22603, 811-23564, 811-06500, 811-07642, 811-02857, 811-23341, 811-06414, 811-23345, 811-21318, 811-23466, 811-02688, 811-23626, 811-05603, 811-08573, 811-07354, 811-22032, 811-21784, 811-21349, 811-23380, 811-21413, 811-04802, 811-23625, 811-05542, 811-23339, 811-23701, 811-21729, 811-10339, 811-10331, 811-06540, 811-23343, 811-23344, 811-06660, 811-23346, 811-07478, 811-06728, 811-08217, 811-21178, 811-21434, 811-21506, 811-08603, 811-23621, 811-07136, 811-21972, 811-21566, 811-22426, 811-22501, 811-23428, 811-10543, 811-08621, 811-21656, 811-07080, 811-21348, 811-22774, 811-21457, 811-08081, 811-21126, 811-04264, 811-09191, 811-23584, 811-23340, 811-05611, 811-21702, 811-10337, 811-22606, 811-21053                                                                                                                                                                                                                                                                                                                     |
| W. Carl Kester      | No                      | 811-22032, 811-23626, 811-23341, 811-07642, 811-07136, 811-02688, 811-22603, 811-07354, 811-08621, 811-06728, 811-08603, 811-05611, 811-23428, 811-21318, 811-22426, 811-21126, 811-10339, 811-05603, 811-21053, 811-22991, 811-09191, 811-21434, 811-08573, 811-10543, 811-23701, 811-23466, 811-21566, 811-22606, 811-21972, 811-07478, 811-22774, 811-21835, 811-23345, 811-06500, 811-21348, 811-04375, 811-23339, 811-23343, 811-23625, 811-23564, 811-22501, 811-23621, 811-23380, 811-06540, 811-02857, 811-08081, 811-21413, 811-21349, 811-07080, 811-08217, 811-10337, 811-04264, 811-23340, 811-23584, 811-05542, 811-21702, 811-21506, 811-10331, 811-21178, 811-04802, 811-06660, 811-21457, 811-21656, 811-21784, 811-23344, 811-06414, 811-23346, 811-21729                                                                                                                                                                                                                                                                                                                     |
| J. Phillip Holloman | No                      | 811-23343, 811-23345, 811-21972, 811-21656, 811-21506, 811-04375, 811-23621, 811-23428, 811-21729, 811-21784, 811-09191, 811-22603, 811-04802, 811-07354, 811-23340, 811-04264, 811-22774, 811-21702, 811-05542, 811-05603, 811-10337, 811-22606, 811-06728, 811-21835, 811-23341, 811-07136, 811-06540, 811-22501, 811-07080, 811-23701, 811-21318, 811-21349, 811-21413, 811-23626, 811-22991, 811-05611, 811-23339, 811-02688, 811-21566, 811-23346, 811-06414, 811-23564, 811-02857, 811-21348, 811-08603, 811-08573, 811-10339, 811-08217, 811-21457, 811-21434, 811-23625, 811-23466, 811-08621, 811-22032, 811-21178, 811-08081, 811-23344, 811-21053, 811-07478, 811-07642, 811-21126, 811-22426, 811-06660, 811-06500, 811-10331, 811-10543                                                                                                                                                                                                                                                                                                                                           |
| Catherine A. Lynch  | No                      | 811-23625, 811-21434, 811-21126, 811-05603, 811-02857, 811-23380, 811-21835, 811-21506, 811-22991, 811-08621, 811-02688, 811-21349, 811-22774, 811-23343, 811-07478, 811-23564, 811-08573, 811-09191, 811-22501, 811-10331, 811-05611, 811-07080, 811-23345, 811-04375, 811-08081, 811-23341, 811-23428, 811-21457, 811-07642, 811-08217, 811-21656, 811-21318, 811-06414, 811-23621, 811-22606, 811-21702, 811-10543, 811-08603, 811-21053, 811-21566, 811-10337, 811-22426, 811-23340, 811-05542, 811-22603, 811-21348, 811-23344, 811-21784, 811-06540, 811-23466, 811-06728, 811-23584, 811-06660, 811-06500, 811-23626, 811-10339, 811-07354, 811-04264, 811-04802, 811-21972, 811-23339, 811-07136, 811-23701, 811-22032, 811-21178, 811-23346, 811-21729, 811-21413                                                                                                                                                                                                                                                                                                                     |
| Arthur P. Steinmetz | No                      | 811-10337, 811-21656, 811-23564, 811-08573, 811-22426, 811-06728, 811-21126, 811-23428, 811-21434, 811-23344, 811-08081, 811-06540, 811-08621, 811-22603, 811-21349, 811-07136, 811-23701, 811-21053, 811-02688, 811-23626, 811-21784, 811-23380, 811-23345, 811-08217, 811-21835, 811-22032, 811-23341, 811-21178, 811-04264, 811-23621, 811-06500, 811-09191, 811-21506, 811-21972, 811-06660, 811-23343, 811-08603, 811-04802, 811-23340, 811-23346, 811-22606, 811-23466, 811-21566, 811-22501, 811-07354, 811-05603, 811-04375, 811-07080, 811-21729, 811-23584, 811-21702, 811-23625, 811-07642, 811-22774, 811-10543, 811-21348, 811-02857, 811-21457, 811-21318, 811-10331, 811-07478, 811-06414, 811-05611, 811-05542, 811-10339, 811-21413, 811-22991, 811-23339                                                                                                                                                                                                                                                                                                                     |
| Robert Fairbairn    | Yes                     | 811-21178, 811-06414, 811-04375, 811-03091, 811-04612, 811-21348, 811-23346, 811-21784, 811-21457, 811-02354, 811-07332, 811-22032, 811-07177, 811-07136, 811-07899, 811-07642, 811-04282, 811-02809, 811-05611, 811-23625, 811-23428, 811-08621, 811-22606, 811-05742, 811-23466, 811-09651, 811-21434, 811-23341, 811-06500, 811-23343, 811-23339, 811-21656, 811-10543, 811-22501, 811-21566, 811-02661, 811-09191, 811-23621, 811-07171, 811-21702, 811-06540, 811-07478, 811-07354, 811-10337, 811-05576, 811-09637, 811-21835, 811-07885, 811-08573, 811-21318, 811-10339, 811-21759, 811-22603, 811-05178, 811-21053, 811-23345, 811-21506, 811-05603, 811-21413, 811-08081, 811-23626, 811-21349, 811-05542, 811-02405, 811-04802, 811-02739, 811-23564, 811-23701, 811-21729, 811-06660, 811-03290, 811-22774, 811-22061, 811-22991, 811-07080, 811-21763, 811-08797, 811-23340, 811-02857, 811-22426, 811-04264, 811-23402, 811-02688, 811-05723, 811-08162, 811-06728, 811-23344, 811-21972, 811-21126, 811-08217, 811-06669, 811-08603, 811-10331, 811-03189                       |

### Item B.9. Chief compliance officer.

**Chief compliance officer Record: 1**

- **a. Full Name:** Aaron Wasserman

- **b. CRD Number, if any:** N/A

- **c. Street Address 1:** 50 Hudson Yards

- **d. City:** New York

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Zip code:** 10001

- **h. Telephone number:** XXXXXX

- **i. Has the chief compliance officer changed since the last filing?:** No

If the chief compliance officer is compensated or employed by any person other than the Registrant, provide:

**CCO employer Record: 1**

- **i. Name of the person:** —

- **ii. Person’s IRS Employer Identification Number:** —

### Item B.10. Matters for security holder vote.

- **Were any matters submitted by the Registrant for its security holders’ vote during the reporting period?** No

- **Item B.11.a - Have there been any material legal proceedings?:** No

- **Item B.11.b - Has any proceeding previously reported been terminated?:** No

- **Item B.12.a - Were any claims with respect to the Registrant filed under a fidelity bond?:** No

- **Item B.13.a - Are the Registrant's officers or directors covered under any insurance policy?:** Yes

- **Item B.13.a.i - If yes, were any claims filed under the policy during the reporting period?:** No

- **Item B.14 - Did an affiliated person provide any form of financial support to the Registrant?:** No

- **Item B.15.a.i - Release numbers:**
  - IC-25878

### Item B.16. Principal underwriters.

**Principal underwriter Record: 1**

- **i. Full name:** BlackRock Investments, LLC

- **ii. SEC file number:** 8-48436

- **iii. CRD number:** 000038642

- **iv. LEI, if any:** 54930061FBHCKXL2G714

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Is the principal underwriter an affiliated person...?:** Yes

- **b. Have any principal underwriters been hired or terminated during the reporting period?** No

### Item B.17. Independent public accountant.

**Public accountant Record: 1**

- **a. Full Name:** PricewaterhouseCoopers LLP

- **b. PCAOB Number:** 238

- **c. LEI, if any:** 5493002GVO7EO8RNNS37

- **d. State, if applicable:** PA

- **e. Foreign country, if applicable:** US

- **f. Has the independent public accountant changed since the last filing?** No

- **Item B.18 - Did an independent public accountant's report on internal control note any material weaknesses?:** No

- **Item B.19 - Did an independent public accountant issue an opinion other than an unqualified opinion?:** No

- **Item B.20 - Have there been material changes in the method of valuation?:** No

- **Item B.21 - Have there been any changes in accounting principles or practices?:** No

- **Item B.22.a - Were any payments made to shareholders as a result of an error in calculating NAV?:** No

## Part C: Additional Questions for Management Investment Companies

### Management Investment Record: 1 - iShares Flexible Income Active ETF

**Item C.1. Background information.**

- **a. Full Name of the Fund:** iShares Flexible Income Active ETF

- **b. Series identification number, if any:** S000080411

- **c. LEI:** 5299008ELWKMLX9XJP73

- **d. Is this the first filing on this form by the Fund?:** No

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 0

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class              | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | iShares Flexible Income Active ETF | C000242803                                | BINC                         |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [x] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [ ] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** Yes

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

- **b. Did the Fund lend any of its securities during the reporting period?** Yes

  - **i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:**

    - **1. The Fund (or it securities lending agent) liquidated collateral pledged to secure the loaned securities?** No

    - **2. The Fund was otherwise adversely impacted?** No

**c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:**

**Securities Lending Record: 1**

- **i. Full name of securities lending agent:** BlackRock Institutional Trust Company, National Association

- **ii. LEI, if any:** 549300RK1FB0VMTPD087

- **iii. Is the securities lending agent an affiliated person...?** Yes

- **iv. Does the securities lending agent... indemnify the Fund against borrower default?** Yes

- **v. If the entity providing the indemnification is not the securities lending agent, provide the following information:**

  **Idemnity Providers Record: 1**

  - **1. Name of person providing indemnification:** —

  - **2. LEI, if any:** —

- **vi. Did the Fund exercise its indemnification rights during the reporting period?** No

**d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:**

**Collateral Managers Record: 1**

- **i. Full name of cash collateral manager:** BlackRock Fund Advisors

- **ii. LEI, if any:** 549300YOOGP0Y1M95C20

- **iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund??** Yes

- **iv. Is the cash collateral manager an affiliated person of the Fund?** Yes

**e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):**

- [x] Revenue sharing split

- [ ] Fee-based revenue split (other than administrative fee)

- [ ] Administrative fee

- [x] Cash collateral reinvestment fee

- [ ] Indemnification fee

- [x] Other

- [ ] N/A

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** $396,705,234.10

- **g. Provide the net income from securities lending activities:** $2,496,587.00

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 12d1-1 (17 CFR 270.12d1-1)

- Rule 18f-4(e) (17 CFR 270.18f-4(e))

- Rule 18f-4(f)(17 CFR 270.18f-4(f))

- Rule 18f-4 (17 CFR 270.18f-4)

- Rule 32a-4 (17 CFR 270.32a-4)

- Rule 6c-11 (17 CFR 270.6c-11)

- Rule 17a-6 (17 CFR 270.17a-6)

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** Yes

- **b. Were any expenses reduced or waived?** Yes

- **c. Are the fees waived subject to recoupment?** No

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** BlackRock Fund Advisors

- **ii. SEC file number:** 801-22609

- **iii. CRD number:** 000105247

- **iv. LEI, if any:** 549300YOOGP0Y1M95C20

- **v. State, if applicable:** CA

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.9.b. Sub-advisers.**

**Sub-adviser Record: 1**

- **i. Full name:** BlackRock (Singapore) Limited

- **ii. SEC file number:** 801-76926

- **iii. CRD number:** 000164594

- **iv. LEI, if any:** 549300UZGBQ6FHD2X729

- **v. Is the sub-adviser an affiliated person?:** Yes

- **vi. Foreign country, if applicable:** SG

- **vii. Was the sub-adviser hired during the reporting period?:** No

**Sub-adviser Record: 2**

- **i. Full name:** BlackRock International Limited

- **ii. SEC file number:** 801-51087

- **iii. CRD number:** 000106843

- **iv. LEI, if any:** 5493008YUGP5E01IBD70

- **v. Is the sub-adviser an affiliated person?:** Yes

- **vi. Foreign country, if applicable:** GB

- **vii. Was the sub-adviser hired during the reporting period?:** No

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. SEC file number:** 85-05003

- **iii. LEI, if any:** 571474TGEMMWANRLN572

- **iv. State, if applicable:** MA

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** No

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** S&P Global Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** Y6X4K52KMJMZE7I7MY94

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** London Stock Exchange Group PLC

- **ii. LEI, if any, or provide and describe other identifying number:** 213800QAUUUP6I445N30

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** ICE Data Services, Inc.

- **Description of other identifying number:** Tax ID

- **iii. State, if applicable:** GA

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** Bloomberg L.P.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300B56MD0ZC402L06

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** BANCO CITI MEXICO S.A. INSTITUCION DE BANCA MULTIPLE, GRUPO FINANCIERO CITI MEXICO

- **ii. LEI, if any:** 529900H31AYI6WA1J534

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 2**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited (Jung-gu, Seoul, KR, Branch)

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 3**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 4**

- **i. Full name:** UniCredit Bank Czech Republic and Slovakia, a.s.

- **ii. LEI, if any:** KR6LSKV3BTSJRD41IF75

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 5**

- **i. Full name:** Mizuho Bank, Ltd. (Minato ku, Tokyo, JP, Branch)

- **ii. LEI, if any:** RB0PEZSDGCO3JS6CEU02

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 6**

- **i. Full name:** Citibank, National Association (Singapore, SG, Branch)

- **ii. LEI, if any:** E57ODZWZ7FF32TWEFA76

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 7**

- **i. Full name:** Deutsche Bank Aktiengesellschaft (Jakarta, Jakarta, ID, Branch)

- **ii. LEI, if any:** 7LTWFZYICNSX8D621K86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 8**

- **i. Full name:** Skandinaviska Enskilda Banken AB (Oslo, Oslo, NO, Branch)

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 9**

- **i. Full name:** Standard Chartered Bank (Hong Kong) Limited

- **ii. LEI, if any:** X5AV1MBDXGRPX5UGMX13

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 10**

- **i. Full name:** Citibank Europe Public Limited Company (Bucharest, Bucharest, RO, Branch)

- **ii. LEI, if any:** N1FBEDJ5J41VKZLO2475

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 11**

- **i. Full name:** Cititrust Colombia S A Sociedad Fiduciaria

- **ii. LEI, if any:** 549300242J3IJCOSGI49

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 12**

- **i. Full name:** BNP Paribas

- **ii. LEI, if any:** R0MUWSFPU8MPRO8K5P83

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 13**

- **i. Full name:** Citibank, Anonim Sirketi

- **ii. LEI, if any:** CWZ8NZDH5SKY12Q4US31

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 14**

- **i. Full name:** Skandinaviska Enskilda Banken AB

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 15**

- **i. Full name:** State Street Bank and Trust Company (Edinburgh, GB, Branch)

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 16**

- **i. Full name:** Bank Handlowy w Warszawie Spolka Akcyjna

- **ii. LEI, if any:** XLEZHWWOI4HFQDGL4793

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 17**

- **i. Full name:** State Street Bank International GmbH

- **ii. LEI, if any:** ZMHGNT7ZPKZ3UFZ8EO46

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 18**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited (Sydney, NSW, AU, Branch)

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 19**

- **i. Full name:** Bank Hapoalim B.M.

- **ii. LEI, if any:** B6ARUI4946ST4S7WOU88

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 20**

- **i. Full name:** Barclays Capital Inc.

- **ii. LEI, if any:** AC28XWWI3WIBK2824319

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6)

**Custodians Record: 21**

- **i. Full name:** BNP Paribas Securities Corp.

- **ii. LEI, if any:** RCNB6OTYUAMMP879YW96

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6)

**Custodians Record: 22**

- **i. Full name:** Royal Bank of Canada

- **ii. LEI, if any:** ES7IP3U3RHIGC71XBU11

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 23**

- **i. Full name:** UBS Switzerland AG

- **ii. LEI, if any:** 549300WOIFUSNYH0FL22

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 24**

- **i. Full name:** Euroclear Bank

- **ii. LEI, if any:** 549300OZ46BRLZ8Y6F65

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)

**Custodians Record: 25**

- **i. Full name:** SG Americas Securities, LLC

- **ii. LEI, if any:** 549300F35UE0BOM1WJ55

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6)

**Custodians Record: 26**

- **i. Full name:** Intesa Sanpaolo S.p.A.

- **ii. LEI, if any:** 2W8N8UU78PMDQKZENC08

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 27**

- **i. Full name:** Standard Chartered Bank (Thai) Public Company Limited

- **ii. LEI, if any:** 549300O1LQYCQ7G1IM57

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 28**

- **i. Full name:** State Street Trust Company Canada

- **ii. LEI, if any:** 549300L71XG2CTQ2V827

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 29**

- **i. Full name:** Citibank, National Association (Sao Paulo, Sao Paulo, BR, Branch)

- **ii. LEI, if any:** E57ODZWZ7FF32TWEFA76

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 30**

- **i. Full name:** UniCredit Bank Hungary Zrt.

- **ii. LEI, if any:** Y28RT6GGYJ696PMW8T44

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 31**

- **i. Full name:** FirstRand Bank Limited

- **ii. LEI, if any:** ZAYQDKTCATIXF9OQY690

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

- **b. Was a custodian hired or terminated during the reporting period?** Yes

**Item C.13 - Shareholder Servicing Agents**

No Shareholder Servicing Agents reported.

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any, or other identifying number:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the administrator a sub-administrator?:** No

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

**Broker Dealers Record: 1**

- **a. Full name:** BlackRock Execution Services

- **b. SEC file number:** 8-48719

- **c. CRD number:** 000039438

- **d. LEI, if any:** 549300HFCRQ0NT5KY652

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Broker Dealers Record: 2**

- **a. Full name:** BlackRock Investments, LLC

- **b. SEC file number:** 8-48436

- **c. CRD number:** 000038642

- **d. LEI, if any:** 54930061FBHCKXL2G714

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Item C.16. Brokers.**

**a. For each of the ten brokers that received the largest dollar amount of brokerage commissions...**

**Brokers Record: 1**

- **i. Full name of broker:** Mizuho Securities USA LLC

- **ii. SEC file number:** 8-37710

- **iii. CRD number:** 000019647

- **iv. LEI, if any:** 7TK5RJIZDFROZCA6XF66

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $14,221.25

**Brokers Record: 2**

- **i. Full name of broker:** BNP Paribas Securities Corp.

- **ii. SEC file number:** 8-32682

- **iii. CRD number:** 000015794

- **iv. LEI, if any:** RCNB6OTYUAMMP879YW96

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $8,835.43

**Brokers Record: 3**

- **i. Full name of broker:** BofA Securities, Inc.

- **ii. SEC file number:** 8-69787

- **iii. CRD number:** 000283942

- **iv. LEI, if any:** 549300HN4UKV1E2R3U73

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $128,981.46

**Brokers Record: 4**

- **i. Full name of broker:** SG Americas Securities, LLC

- **ii. SEC file number:** 8-66125

- **iii. CRD number:** 000128351

- **iv. LEI, if any:** 549300F35UE0BOM1WJ55

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $608,852.87

**Brokers Record: 5**

- **i. Full name of broker:** Jefferies LLC

- **ii. SEC file number:** 8-15074

- **iii. CRD number:** 000002347

- **iv. LEI, if any:** 58PU97L1C0WSRCWADL48

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $12,349.92

**Brokers Record: 6**

- **i. Full name of broker:** Morgan Stanley & Co. LLC

- **ii. SEC file number:** 8-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $152,789.95

**Brokers Record: 7**

- **i. Full name of broker:** Goldman Sachs & Co. LLC

- **ii. SEC file number:** 8-129

- **iii. CRD number:** 000000361

- **iv. LEI, if any:** FOR8UP27PHTHYVLBNG30

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $45,995.27

**Brokers Record: 8**

- **i. Full name of broker:** Citigroup Global Markets Inc.

- **ii. SEC file number:** 8-8177

- **iii. CRD number:** 000007059

- **iv. LEI, if any:** MBNUM2BPBDO7JBLYG310

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $27,772.72

**Brokers Record: 9**

- **i. Full name of broker:** J.P. Morgan Securities LLC

- **ii. SEC file number:** 8-35008

- **iii. CRD number:** 000000079

- **iv. LEI, if any:** ZBUT11V806EZRVTWT807

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $94,291.44

**Brokers Record: 10**

- **i. Full name of broker:** Jane Street Execution Services, LLC

- **ii. SEC file number:** 8-69254

- **iii. CRD number:** 000167280

- **iv. LEI, if any:** 549300HXJLXCPDWAH070

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $105,974.94

**Aggregate Commission:** $1,206,768.73

**Item C.17.a. Principal transaction counterparties.**

| Name                                                      | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| Goldman Sachs & Co. LLC                                   | 8-129             | 000000361    | FOR8UP27PHTHYVLBNG30 | NY      | US        | $10,477,814,428.83        |
| J.P. Morgan Securities LLC                                | 8-35008           | 000000079    | ZBUT11V806EZRVTWT807 | NY      | US        | $6,051,468,363.98         |
| Wells Fargo Securities, LLC                               | 8-65876           | 000126292    | VYVVCKR63DVZZN70PB21 | NC      | US        | $2,697,780,756.32         |
| BNP Paribas Securities Corp.                              | 8-32682           | 000015794    | RCNB6OTYUAMMP879YW96 | NY      | US        | $842,078,312.71           |
| Barclays Capital Inc.                                     | 8-41342           | 000019714    | AC28XWWI3WIBK2824319 | NY      | US        | $2,977,613,460.70         |
| Morgan Stanley & Co. LLC                                  | 8-15869           | 000008209    | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $4,101,966,094.26         |
| BofA Securities, Inc.                                     | 8-69787           | 000283942    | 549300HN4UKV1E2R3U73 | NY      | US        | $5,790,212,991.68         |
| Citigroup Global Markets Inc.                             | 8-8177            | 000007059    | MBNUM2BPBDO7JBLYG310 | NY      | US        | $4,795,620,618.83         |
| BlackRock Funds III - BlackRock Cash Funds: Institutional | N/A               | N/A          | 549300JDHS1T46VWOG19 | CA      | US        | $11,098,697,965.67        |
| Jefferies LLC                                             | 8-15074           | 000002347    | 58PU97L1C0WSRCWADL48 | NY      | US        | $5,290,109,681.35         |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $58,981,665,050.92

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** Yes

- **Item C.19.a - Fund's monthly average net assets:** $7,351,282,998.15

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $1,750,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** The Bank of New York Mellon

  - **Line Institutions Record: 2 Name of institution:** Wells Fargo Bank, N.A.

  - **Line Institutions Record: 3 Name of institution:** Deutsche Bank AG New York Branch

  - **Line Institutions Record: 4 Name of institution:** Morgan Stanley Bank, N.A.

  - **Line Institutions Record: 5 Name of institution:** MUFG Bank, Ltd.

  - **Line Institutions Record: 6 Name of institution:** State Street Bank and Trust Company

  - **Line Institutions Record: 7 Name of institution:** BNP Paribas

  - **Line Institutions Record: 8 Name of institution:** The Toronto-Dominion Bank, New York Branch

  - **Line Institutions Record: 9 Name of institution:** Societe Generale

  - **Line Institutions Record: 10 Name of institution:** Barclays Bank PLC

  - **Line Institutions Record: 11 Name of institution:** Mizuho Bank, Ltd.

  - **Line Institutions Record: 12 Name of institution:** Citibank, N.A.

  - **Line Institutions Record: 13 Name of institution:** Banco Bilbao Vizcaya Argentaria, S.A. New York Branch

  - **Line Institutions Record: 14 Name of institution:** Bank of America, N.A.

  - **Line Institutions Record: 15 Name of institution:** Goldman Sachs Bank USA

  - **Line Institutions Record: 16 Name of institution:** Standard Chartered Bank

  - **Line Institutions Record: 17 Name of institution:** JPMorgan Chase Bank, N.A.

  - **Line Institutions Record: 18 Name of institution:** Royal Bank of Canada

  - **Line Institutions Record: 19 Name of institution:** Brown Brothers Harriman & Co.

  - **Line Institutions Record: 20 Name of institution:** Bank of Montreal

  - **Line Institutions Record: 21 Name of institution:** The Northern Trust Co.

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                                 | SEC File number   |
|:---|:---|
| BATS: Series A Portfolio                                     | 811-21457         |
| iShares Floating Rate Loan Active ETF                        | 811-23511         |
| BlackRock 60/40 Target Allocation Fund                       | 811-22061         |
| BlackRock LifePath ESG Index 2050 Fund                       | 811-07332         |
| BlackRock LifePath ESG Index 2065 Fund                       | 811-07332         |
| Advantage CoreAlpha Bond Master Portfolio                    | 811-23343         |
| BlackRock 40/60 Target Allocation Fund                       | 811-22061         |
| BlackRock Advantage Large Cap Value V.I. Fund                | 811-03290         |
| iShares Russell Mid-Cap Index Fund                           | 811-05742         |
| iShares Intermediate Muni Income Active ETF                  | 811-23511         |
| BlackRock New Jersey Municipal Bond Fund                     | 811-04375         |
| BlackRock Global Equity Market Neutral Fund                  | 811-05742         |
| BlackRock S&P 500 Index V.I. Fund                            | 811-03290         |
| BlackRock LifePath Index 2045 Fund                           | 811-07332         |
| BlackRock 60/40 Target Allocation ETF V.I. Fund              | 811-03290         |
| iShares U.S. Intermediate Credit Bond Index Fund             | 811-05742         |
| BlackRock Balanced Portfolio                                 | 811-03091         |
| BlackRock Mid-Cap Growth Equity Portfolio                    | 811-05742         |
| BlackRock Advantage Large Cap Core Fund                      | 811-09637         |
| BlackRock Equity Dividend Fund                               | 811-05178         |
| BlackRock Sustainable Total Return Fund                      | 811-02857         |
| BlackRock Advantage Small Cap Core Fund                      | 811-05742         |
| BlackRock Advantage Large Cap Value Fund                     | 811-09637         |
| BlackRock Defensive Advantage Emerging Markets Fund          | 811-05742         |
| BlackRock LifePath Dynamic 2070 Fund                         | 811-07332         |
| BlackRock Energy Opportunities Fund                          | 811-05742         |
| BlackRock Global Dividend Portfolio                          | 811-22061         |
| BlackRock LifePath Index 2060 Fund                           | 811-07332         |
| BlackRock Floating Rate Income Portfolio                     | 811-23339         |
| BlackRock Capital Appreciation V.I. Fund                     | 811-03290         |
| Total International Ex U.S. Index Master Portfolio           | 811-08162         |
| BlackRock Mid-Cap Value Fund                                 | 811-07177         |
| BlackRock Strategic Municipal Opportunities Fund             | 811-04802         |
| BlackRock Advantage Large Cap Core Portfolio                 | 811-03091         |
| U.S. Total Bond Index Master Portfolio                       | 811-08162         |
| BlackRock National Municipal Fund                            | 811-02688         |
| BlackRock Managed Volatility V.I. Fund                       | 811-03290         |
| BlackRock Mortgage-Backed Securities Fund                    | 811-23339         |
| iShares Total Return Active ETF                              | 811-23511         |
| BlackRock Sustainable Advantage International Equity Fund    | 811-05742         |
| iShares Large Cap Core Active ETF                            | 811-23402         |
| BATS: Series P Portfolio                                     | 811-21457         |
| BlackRock LifePath Dynamic 2035 Fund                         | 811-07332         |
| iShares Short-Term California Muni Active ETF                | 811-23511         |
| BlackRock Exchange Portfolio                                 | 811-05742         |
| BlackRock Income Fund                                        | 811-23339         |
| BlackRock U.S. Mortgage Portfolio                            | 811-23340         |
| BlackRock Tactical Opportunities Fund                        | 811-05742         |
| BlackRock GA Disciplined Volatility Equity Fund              | 811-21763         |
| BlackRock Basic Value V.I. Fund                              | 811-03290         |
| iShares Enhanced Roll Yield Index Fund                       | 811-05742         |
| BlackRock China A Opportunities Fund                         | 811-05742         |
| BlackRock Sustainable Emerging Markets Equity Fund           | 811-02661         |
| iShares Short-Term TIPS Bond Index Fund                      | 811-05742         |
| BlackRock LifePath ESG Index 2035 Fund                       | 811-07332         |
| iShares A.I. Innovation and Tech Active ETF                  | 811-23402         |
| BATS: Series C Portfolio                                     | 811-21457         |
| BlackRock Inflation Protected Bond Portfolio                 | 811-23339         |
| BlackRock Advantage Large Cap Core V.I. Fund                 | 811-03290         |
| BlackRock Sustainable High Yield Bond Fund                   | 811-23339         |
| BlackRock Impact Mortgage Fund                               | 811-23339         |
| BlackRock LifePath ESG Index Retirement Fund                 | 811-07332         |
| iShares FTSE NAREIT All Equity REIT Index Fund               | 811-05742         |
| BlackRock Diversified Fixed Income Fund                      | 811-07332         |
| iShares Managed Futures Active ETF-Aggregate                 | 811-23402         |
| BlackRock Emerging Markets Fund, Inc.                        | 811-05723         |
| BlackRock Advantage Emerging Markets Fund                    | 811-05742         |
| BlackRock Multi-Asset Income Portfolio                       | 811-22061         |
| iShares High Yield Muni Income Active ETF                    | 811-23511         |
| iShares High Yield Muni Active ETF                           | 811-23511         |
| BlackRock LifePath ESG Index 2055 Fund                       | 811-07332         |
| iShares Enhanced Short-Term Bond Active ETF                  | 811-23402         |
| BlackRock LifePath Dynamic 2055 Fund                         | 811-07332         |
| BlackRock LifePath Dynamic 2050 Fund                         | 811-07332         |
| BlackRock Retirement Income 2030 Fund                        | 811-22061         |
| iShares U.S. Thematic Rotation Active ETF                    | 811-23402         |
| BlackRock High Yield V.I. Fund                               | 811-23346         |
| BlackRock Total Return Fund                                  | 811-02857         |
| BlackRock Sustainable Advantage Large Cap Core Fund          | 811-05742         |
| BlackRock LifePath ESG Index 2030 Fund                       | 811-07332         |
| BlackRock U.S. Carbon Transition Readiness ETF               | 811-23402         |
| BlackRock Core Bond Portfolio                                | 811-23339         |
| iShares AAA CLO Active ETF                                   | 811-23511         |
| iShares FinTech Active ETF                                   | 811-23402         |
| iShares Developed Real Estate Index Fund                     | 811-05742         |
| BlackRock Total Return V.I. Fund                             | 811-23346         |
| BlackRock Large Cap Focus Growth Fund, Inc.                  | 811-09651         |
| BlackRock Commodity Strategies Fund                          | 811-05742         |
| BlackRock Impact Municipal Fund                              | 811-02688         |
| BlackRock Pennsylvania Municipal Bond Fund                   | 811-04375         |
| iShares Large Cap Growth Active ETF                          | 811-23402         |
| BlackRock Advantage SMID Cap Fund, Inc.                      | 811-02809         |
| BlackRock High Equity Income Fund                            | 811-05742         |
| International Tilts Master Portfolio                         | 811-08162         |
| BlackRock U.S. Insights Long/Short Equity Fund               | 811-05742         |
| BlackRock Short Duration Muni Fund                           | 811-02688         |
| BATS: Series M Portfolio                                     | 811-21457         |
| BlackRock Short Obligations Fund                             | 811-05742         |
| BlackRock Global Allocation Portfolio                        | 811-03091         |
| BlackRock Strategic Income Opportunities Portfolio           | 811-23339         |
| BATS: Series V Portfolio                                     | 811-21457         |
| BlackRock LifePath ESG Index 2070 Fund                       | 811-07332         |
| iShares Technology Opportunities Active ETF                  | 811-23402         |
| BlackRock Event Driven Equity Fund                           | 811-09637         |
| BlackRock Unconstrained Equity Fund                          | 811-21759         |
| BlackRock Dynamic High Income Portfolio                      | 811-22061         |
| iShares Health Innovation Active ETF                         | 811-23402         |
| BlackRock Small Cap Index V.I. Fund                          | 811-03290         |
| iShares Advantage Large Cap Income ETF                       | 811-23402         |
| BlackRock Advantage International Fund                       | 811-05742         |
| BlackRock 20/80 Target Allocation Fund                       | 811-22061         |
| iShares U.S. Securitized Bond Index Fund                     | 811-05742         |
| BlackRock LifePath Index 2050 Fund                           | 811-07332         |
| BlackRock Capital Appreciation Fund, Inc.                    | 811-06669         |
| iShares International Dividend Active ETF                    | 811-23402         |
| S&P 500 Index Master Portfolio                               | 811-08162         |
| iShares Russell Small/Mid-Cap Index Fund                     | 811-05742         |
| BlackRock GA Dynamic Equity Fund                             | 811-21763         |
| BlackRock World ex U.S. Carbon Transition Readiness ETF      | 811-23402         |
| iShares High Yield Active ETF                                | 811-23511         |
| iShares U.S. Long Government Bond Index Fund                 | 811-05742         |
| BlackRock 80/20 Target Allocation Fund                       | 811-22061         |
| iShares Large Cap Value Active ETF                           | 811-23402         |
| iShares Large Cap Moderate Buffer ETF                        | 811-23511         |
| iShares Municipal Bond Index Fund                            | 811-05742         |
| BATS: Series S Portfolio                                     | 811-21457         |
| BlackRock International Index V.I. Fund                      | 811-03290         |
| BlackRock Low Duration Bond Portfolio                        | 811-23339         |
| BlackRock LifePath Index 2055 Fund                           | 811-07332         |
| BlackRock Retirement Income 2040 Fund                        | 811-22061         |
| BlackRock LifePath ESG Index 2040 Fund                       | 811-07332         |
| BlackRock Capital Appreciation Portfolio                     | 811-03091         |
| iShares BBB-B CLO Active ETF                                 | 811-23511         |
| BlackRock LifePath Index 2035 Fund                           | 811-07332         |
| BlackRock Advantage Large Cap Growth Fund                    | 811-05742         |
| BlackRock Systematic Multi-Strategy Fund                     | 811-23341         |
| BlackRock Large Cap Focus Growth V.I. Fund                   | 811-03290         |
| BlackRock Large Cap Focus Value Fund, Inc.                   | 811-02739         |
| iShares U.S. Equity Factor Rotation Active ETF               | 811-23402         |
| BlackRock Real Estate Securities Fund                        | 811-05742         |
| BlackRock LifePath Dynamic Retirement Fund                   | 811-07332         |
| BlackRock International Fund                                 | 811-08797         |
| BlackRock Emerging Markets ex-China Fund                     | 811-05742         |
| BlackRock Sustainable Aware Advantage Global Equity Fund     | 811-05742         |
| BlackRock New York Municipal Opportunities Fund              | 811-04375         |
| iShares Total U.S. Stock Market Index Fund                   | 811-05742         |
| BlackRock Natural Resources Trust                            | 811-04282         |
| BlackRock LifePath Index 2070 Fund                           | 811-07332         |
| BlackRock High Yield Portfolio                               | 811-23345         |
| BlackRock LifePath Index 2030 Fund                           | 811-07332         |
| BlackRock California Municipal Opportunities Fund            | 811-04264         |
| BlackRock Credit Relative Value Fund                         | 811-23341         |
| Large Cap Index Master Portfolio                             | 811-08162         |
| BlackRock Balanced Fund, Inc.                                | 811-02405         |
| BlackRock Sustainable Advantage Emerging Markets Equity Fund | 811-05742         |
| BlackRock Equity Dividend V.I. Fund                          | 811-03290         |
| iShares Large Cap Deep Buffer ETF                            | 811-23511         |
| BlackRock LifePath Dynamic 2030 Fund                         | 811-07332         |
| BlackRock High Yield Portfolio                               | 811-23339         |
| iShares International Country Rotation Active ETF            | 811-23402         |
| iShares MSCI EAFE International Index Fund                   | 811-07899         |
| BlackRock LifePath Dynamic 2040 Fund                         | 811-07332         |
| BlackRock LifePath Dynamic 2045 Fund                         | 811-07332         |
| iShares U.S. Intermediate Government Bond Index Fund         | 811-05742         |
| iShares U.S. Select Equity Active ETF                        | 811-23402         |
| BATS: Series E Portfolio                                     | 811-21457         |
| BlackRock LifePath Index 2040 Fund                           | 811-07332         |
| BlackRock LifePath Index Retirement Fund                     | 811-07332         |
| BlackRock Technology Opportunities Fund                      | 811-05742         |
| BlackRock LifePath Index 2065 Fund                           | 811-07332         |
| BlackRock Global Allocation V.I. Fund                        | 811-03290         |
| BlackRock LifePath Dynamic 2065 Fund                         | 811-07332         |
| iShares U.S. Industry Rotation Active ETF                    | 811-23402         |
| BlackRock Global Allocation Fund, Inc.                       | 811-05576         |
| BlackRock Advantage Global Fund, Inc.                        | 811-07171         |
| BlackRock Managed Income Fund                                | 811-22061         |
| BlackRock International Select Equity Fund                   | 811-04612         |
| BlackRock LifePath ESG Index 2060 Fund                       | 811-07332         |
| BlackRock LifePath Dynamic 2060 Fund                         | 811-07332         |
| BlackRock International V.I. Fund                            | 811-03290         |
| BlackRock Health Sciences Opportunities Portfolio            | 811-05742         |
| BlackRock Allocation Target Shares: Series I Portfolio       | 811-21457         |
| BlackRock Advantage SMID Cap V.I. Fund                       | 811-03290         |
| BlackRock LifePath ESG Index 2045 Fund                       | 811-07332         |
| BlackRock Advantage Small Cap Growth Fund                    | 811-05742         |
| Diversified Equity Master Portfolio                          | 811-08162         |
| iShares U.S. Long Credit Bond Index Fund                     | 811-05742         |
| BlackRock Strategic Global Bond Fund, Inc.                   | 811-05603         |
| Master Small Cap Index Series                                | 811-07885         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

### Management Investment Record: 2 - iShares AAA CLO Active ETF

**Item C.1. Background information.**

- **a. Full Name of the Fund:** iShares AAA CLO Active ETF

- **b. Series identification number, if any:** S000079064

- **c. LEI:** 529900KNSFG5S5J6YP44

- **d. Is this the first filing on this form by the Fund?:** No

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 0

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class      | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | iShares AAA CLO Active ETF | C000239899                                | CLOA                         |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [x] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [ ] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** Yes

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

**c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:**

**Securities Lending Record: 1**

- **i. Full name of securities lending agent:** BlackRock Institutional Trust Company, National Association

- **ii. LEI, if any:** 549300RK1FB0VMTPD087

- **iii. Is the securities lending agent an affiliated person...?** Yes

- **iv. Does the securities lending agent... indemnify the Fund against borrower default?** Yes

- **v. If the entity providing the indemnification is not the securities lending agent, provide the following information:**

  **Idemnity Providers Record: 1**

  - **1. Name of person providing indemnification:** —

  - **2. LEI, if any:** —

- **vi. Did the Fund exercise its indemnification rights during the reporting period?** No

**d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:**

**Collateral Managers Record: 1**

- **i. Full name of cash collateral manager:** BlackRock Fund Advisors

- **ii. LEI, if any:** 549300YOOGP0Y1M95C20

- **iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund??** Yes

- **iv. Is the cash collateral manager an affiliated person of the Fund?** Yes

**e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):**

- [x] Revenue sharing split

- [ ] Fee-based revenue split (other than administrative fee)

- [ ] Administrative fee

- [x] Cash collateral reinvestment fee

- [ ] Indemnification fee

- [x] Other

- [ ] N/A

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** —

- **g. Provide the net income from securities lending activities:** —

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 12d1-1 (17 CFR 270.12d1-1)

- Rule 6c-11 (17 CFR 270.6c-11)

- Rule 18f-4(f)(17 CFR 270.18f-4(f))

- Rule 18f-4 (17 CFR 270.18f-4)

- Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))

- Rule 32a-4 (17 CFR 270.32a-4)

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** Yes

- **b. Were any expenses reduced or waived?** Yes

- **c. Are the fees waived subject to recoupment?** No

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** BlackRock Fund Advisors

- **ii. SEC file number:** 801-22609

- **iii. CRD number:** 000105247

- **iv. LEI, if any:** 549300YOOGP0Y1M95C20

- **v. State, if applicable:** CA

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. SEC file number:** 85-05003

- **iii. LEI, if any:** 571474TGEMMWANRLN572

- **iv. State, if applicable:** MA

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** No

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** ICE Data Services, Inc.

- **Description of other identifying number:** Tax ID

- **iii. State, if applicable:** GA

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** London Stock Exchange Group PLC

- **ii. LEI, if any, or provide and describe other identifying number:** 213800QAUUUP6I445N30

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** Bloomberg L.P.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300B56MD0ZC402L06

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** S&P Global Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** Y6X4K52KMJMZE7I7MY94

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** Euroclear Bank

- **ii. LEI, if any:** 549300OZ46BRLZ8Y6F65

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)

**Custodians Record: 2**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

No Shareholder Servicing Agents reported.

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any, or other identifying number:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the administrator a sub-administrator?:** No

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

**Broker Dealers Record: 1**

- **a. Full name:** BlackRock Execution Services

- **b. SEC file number:** 8-48719

- **c. CRD number:** 000039438

- **d. LEI, if any:** 549300HFCRQ0NT5KY652

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Broker Dealers Record: 2**

- **a. Full name:** BlackRock Investments, LLC

- **b. SEC file number:** 8-48436

- **c. CRD number:** 000038642

- **d. LEI, if any:** 54930061FBHCKXL2G714

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Item C.16. Brokers.**

No Brokers reported.

**Item C.17.a. Principal transaction counterparties.**

| Name                                                 | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| Morgan Stanley & Co. LLC                             | 8-15869           | 000008209    | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $106,197,050.04           |
| J.P. Morgan Securities LLC                           | 8-35008           | 000000079    | ZBUT11V806EZRVTWT807 | NY      | US        | $153,684,505.37           |
| Goldman Sachs & Co. LLC                              | 8-129             | 000000361    | FOR8UP27PHTHYVLBNG30 | NY      | US        | $77,988,131.97            |
| BNP Paribas Securities Corp.                         | 8-32682           | 000015794    | RCNB6OTYUAMMP879YW96 | NY      | US        | $99,296,159.75            |
| Wells Fargo Securities, LLC                          | 8-65876           | 000126292    | VYVVCKR63DVZZN70PB21 | NC      | US        | $37,940,031.00            |
| Barclays Capital Inc.                                | 8-41342           | 000019714    | AC28XWWI3WIBK2824319 | NY      | US        | $80,099,922.91            |
| Deutsche Bank Securities Inc.                        | 8-17822           | 000002525    | 9J6MBOOO7BECTDTUZW19 | NY      | US        | $121,662,456.90           |
| Citigroup Global Markets Inc.                        | 8-8177            | 000007059    | MBNUM2BPBDO7JBLYG310 | NY      | US        | $346,139,596.13           |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | N/A               | N/A          | 5493005PQV5UQG4OSI49 | DE      | US        | $784,010,000.00           |
| BofA Securities, Inc.                                | 8-69787           | 000283942    | 549300HN4UKV1E2R3U73 | NY      | US        | $247,906,057.88           |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $2,324,341,309.31

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.a - Fund's monthly average net assets:** $686,511,786.70

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $1,750,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** Goldman Sachs Bank USA

  - **Line Institutions Record: 2 Name of institution:** State Street Bank and Trust Company

  - **Line Institutions Record: 3 Name of institution:** Banco Bilbao Vizcaya Argentaria, S.A. New York Branch

  - **Line Institutions Record: 4 Name of institution:** Bank of Montreal

  - **Line Institutions Record: 5 Name of institution:** Brown Brothers Harriman & Co.

  - **Line Institutions Record: 6 Name of institution:** The Northern Trust Co.

  - **Line Institutions Record: 7 Name of institution:** Morgan Stanley Bank, N.A.

  - **Line Institutions Record: 8 Name of institution:** Citibank, N.A.

  - **Line Institutions Record: 9 Name of institution:** Deutsche Bank AG New York Branch

  - **Line Institutions Record: 10 Name of institution:** Societe Generale

  - **Line Institutions Record: 11 Name of institution:** The Bank of New York Mellon

  - **Line Institutions Record: 12 Name of institution:** Wells Fargo Bank, N.A.

  - **Line Institutions Record: 13 Name of institution:** Bank of America, N.A.

  - **Line Institutions Record: 14 Name of institution:** Standard Chartered Bank

  - **Line Institutions Record: 15 Name of institution:** BNP Paribas

  - **Line Institutions Record: 16 Name of institution:** MUFG Bank, Ltd.

  - **Line Institutions Record: 17 Name of institution:** Royal Bank of Canada

  - **Line Institutions Record: 18 Name of institution:** Mizuho Bank, Ltd.

  - **Line Institutions Record: 19 Name of institution:** The Toronto-Dominion Bank, New York Branch

  - **Line Institutions Record: 20 Name of institution:** Barclays Bank PLC

  - **Line Institutions Record: 21 Name of institution:** JPMorgan Chase Bank, N.A.

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                                 | SEC File number   |
|:---|:---|
| BlackRock Sustainable Emerging Markets Equity Fund           | 811-02661         |
| BlackRock LifePath Index 2070 Fund                           | 811-07332         |
| BlackRock International Fund                                 | 811-08797         |
| iShares Managed Futures Active ETF-Aggregate                 | 811-23402         |
| BlackRock Small Cap Index V.I. Fund                          | 811-03290         |
| BlackRock LifePath Dynamic 2065 Fund                         | 811-07332         |
| BlackRock Total Return V.I. Fund                             | 811-23346         |
| BlackRock Retirement Income 2030 Fund                        | 811-22061         |
| iShares Enhanced Short-Term Bond Active ETF                  | 811-23402         |
| BATS: Series M Portfolio                                     | 811-21457         |
| BlackRock Managed Volatility V.I. Fund                       | 811-03290         |
| iShares Large Cap Moderate Buffer ETF                        | 811-23511         |
| iShares Developed Real Estate Index Fund                     | 811-05742         |
| BlackRock Sustainable Aware Advantage Global Equity Fund     | 811-05742         |
| BlackRock LifePath Index 2065 Fund                           | 811-07332         |
| BlackRock Credit Relative Value Fund                         | 811-23341         |
| BlackRock Income Fund                                        | 811-23339         |
| BlackRock LifePath Index Retirement Fund                     | 811-07332         |
| BlackRock International V.I. Fund                            | 811-03290         |
| BlackRock Advantage Global Fund, Inc.                        | 811-07171         |
| iShares U.S. Long Credit Bond Index Fund                     | 811-05742         |
| BlackRock World ex U.S. Carbon Transition Readiness ETF      | 811-23402         |
| BlackRock U.S. Insights Long/Short Equity Fund               | 811-05742         |
| BlackRock Sustainable Advantage International Equity Fund    | 811-05742         |
| iShares Total Return Active ETF                              | 811-23511         |
| BlackRock LifePath ESG Index 2040 Fund                       | 811-07332         |
| BlackRock Emerging Markets ex-China Fund                     | 811-05742         |
| BlackRock Advantage Small Cap Core Fund                      | 811-05742         |
| BlackRock Advantage International Fund                       | 811-05742         |
| iShares U.S. Thematic Rotation Active ETF                    | 811-23402         |
| BlackRock Capital Appreciation V.I. Fund                     | 811-03290         |
| iShares Short-Term TIPS Bond Index Fund                      | 811-05742         |
| BlackRock Equity Dividend Fund                               | 811-05178         |
| BlackRock Multi-Asset Income Portfolio                       | 811-22061         |
| BlackRock LifePath Dynamic 2070 Fund                         | 811-07332         |
| BlackRock 60/40 Target Allocation ETF V.I. Fund              | 811-03290         |
| BlackRock Advantage Large Cap Core V.I. Fund                 | 811-03290         |
| BlackRock Commodity Strategies Fund                          | 811-05742         |
| BlackRock Balanced Fund, Inc.                                | 811-02405         |
| iShares International Country Rotation Active ETF            | 811-23402         |
| BlackRock Large Cap Focus Growth V.I. Fund                   | 811-03290         |
| BlackRock Advantage Small Cap Growth Fund                    | 811-05742         |
| iShares Large Cap Value Active ETF                           | 811-23402         |
| BlackRock Inflation Protected Bond Portfolio                 | 811-23339         |
| BlackRock Global Equity Market Neutral Fund                  | 811-05742         |
| BATS: Series E Portfolio                                     | 811-21457         |
| Master Small Cap Index Series                                | 811-07885         |
| BlackRock LifePath Index 2035 Fund                           | 811-07332         |
| International Tilts Master Portfolio                         | 811-08162         |
| BlackRock Sustainable Total Return Fund                      | 811-02857         |
| iShares Technology Opportunities Active ETF                  | 811-23402         |
| BlackRock LifePath Dynamic 2060 Fund                         | 811-07332         |
| BlackRock Strategic Income Opportunities Portfolio           | 811-23339         |
| iShares Large Cap Core Active ETF                            | 811-23402         |
| BlackRock LifePath Dynamic Retirement Fund                   | 811-07332         |
| iShares Intermediate Muni Income Active ETF                  | 811-23511         |
| BlackRock LifePath Index 2045 Fund                           | 811-07332         |
| BlackRock Capital Appreciation Fund, Inc.                    | 811-06669         |
| BlackRock 20/80 Target Allocation Fund                       | 811-22061         |
| Total International Ex U.S. Index Master Portfolio           | 811-08162         |
| BlackRock LifePath Dynamic 2050 Fund                         | 811-07332         |
| BlackRock China A Opportunities Fund                         | 811-05742         |
| BlackRock Strategic Global Bond Fund, Inc.                   | 811-05603         |
| iShares Flexible Income Active ETF                           | 811-23511         |
| iShares Municipal Bond Index Fund                            | 811-05742         |
| BlackRock 60/40 Target Allocation Fund                       | 811-22061         |
| BlackRock High Yield Portfolio                               | 811-23339         |
| BlackRock Advantage Emerging Markets Fund                    | 811-05742         |
| iShares U.S. Equity Factor Rotation Active ETF               | 811-23402         |
| iShares Short-Term California Muni Active ETF                | 811-23511         |
| BlackRock LifePath Index 2055 Fund                           | 811-07332         |
| iShares U.S. Industry Rotation Active ETF                    | 811-23402         |
| BlackRock Advantage Large Cap Value Fund                     | 811-09637         |
| BlackRock LifePath Dynamic 2045 Fund                         | 811-07332         |
| BlackRock Advantage SMID Cap V.I. Fund                       | 811-03290         |
| BlackRock Floating Rate Income Portfolio                     | 811-23339         |
| iShares Enhanced Roll Yield Index Fund                       | 811-05742         |
| BlackRock Total Return Fund                                  | 811-02857         |
| BlackRock Core Bond Portfolio                                | 811-23339         |
| BlackRock Natural Resources Trust                            | 811-04282         |
| BlackRock Capital Appreciation Portfolio                     | 811-03091         |
| BATS: Series A Portfolio                                     | 811-21457         |
| BATS: Series C Portfolio                                     | 811-21457         |
| iShares High Yield Muni Income Active ETF                    | 811-23511         |
| BlackRock Allocation Target Shares: Series I Portfolio       | 811-21457         |
| BATS: Series P Portfolio                                     | 811-21457         |
| BlackRock Balanced Portfolio                                 | 811-03091         |
| BlackRock Large Cap Focus Growth Fund, Inc.                  | 811-09651         |
| BlackRock 40/60 Target Allocation Fund                       | 811-22061         |
| BlackRock LifePath ESG Index 2030 Fund                       | 811-07332         |
| BlackRock GA Disciplined Volatility Equity Fund              | 811-21763         |
| BlackRock Global Allocation Fund, Inc.                       | 811-05576         |
| iShares U.S. Securitized Bond Index Fund                     | 811-05742         |
| BlackRock LifePath ESG Index 2035 Fund                       | 811-07332         |
| iShares Health Innovation Active ETF                         | 811-23402         |
| BlackRock Advantage Large Cap Core Fund                      | 811-09637         |
| BlackRock National Municipal Fund                            | 811-02688         |
| iShares U.S. Long Government Bond Index Fund                 | 811-05742         |
| iShares Large Cap Deep Buffer ETF                            | 811-23511         |
| BlackRock Strategic Municipal Opportunities Fund             | 811-04802         |
| iShares Total U.S. Stock Market Index Fund                   | 811-05742         |
| BlackRock LifePath Dynamic 2030 Fund                         | 811-07332         |
| BlackRock LifePath ESG Index 2070 Fund                       | 811-07332         |
| BlackRock California Municipal Opportunities Fund            | 811-04264         |
| BlackRock LifePath Dynamic 2040 Fund                         | 811-07332         |
| BlackRock Advantage SMID Cap Fund, Inc.                      | 811-02809         |
| BlackRock International Index V.I. Fund                      | 811-03290         |
| BlackRock LifePath Index 2040 Fund                           | 811-07332         |
| BlackRock Global Allocation Portfolio                        | 811-03091         |
| BlackRock Unconstrained Equity Fund                          | 811-21759         |
| BlackRock LifePath Index 2060 Fund                           | 811-07332         |
| BlackRock Advantage Large Cap Core Portfolio                 | 811-03091         |
| iShares U.S. Intermediate Government Bond Index Fund         | 811-05742         |
| BlackRock LifePath ESG Index 2045 Fund                       | 811-07332         |
| BlackRock S&P 500 Index V.I. Fund                            | 811-03290         |
| Large Cap Index Master Portfolio                             | 811-08162         |
| iShares International Dividend Active ETF                    | 811-23402         |
| iShares U.S. Intermediate Credit Bond Index Fund             | 811-05742         |
| BlackRock GA Dynamic Equity Fund                             | 811-21763         |
| BlackRock International Select Equity Fund                   | 811-04612         |
| BlackRock High Yield Portfolio                               | 811-23345         |
| BlackRock Impact Municipal Fund                              | 811-02688         |
| Diversified Equity Master Portfolio                          | 811-08162         |
| BlackRock Health Sciences Opportunities Portfolio            | 811-05742         |
| BlackRock Managed Income Fund                                | 811-22061         |
| iShares Russell Small/Mid-Cap Index Fund                     | 811-05742         |
| iShares Advantage Large Cap Income ETF                       | 811-23402         |
| BlackRock High Equity Income Fund                            | 811-05742         |
| BlackRock Pennsylvania Municipal Bond Fund                   | 811-04375         |
| BlackRock Mid-Cap Value Fund                                 | 811-07177         |
| Advantage CoreAlpha Bond Master Portfolio                    | 811-23343         |
| BlackRock U.S. Mortgage Portfolio                            | 811-23340         |
| BlackRock Short Obligations Fund                             | 811-05742         |
| U.S. Total Bond Index Master Portfolio                       | 811-08162         |
| BlackRock Advantage Large Cap Value V.I. Fund                | 811-03290         |
| iShares FTSE NAREIT All Equity REIT Index Fund               | 811-05742         |
| iShares Large Cap Growth Active ETF                          | 811-23402         |
| BlackRock LifePath ESG Index Retirement Fund                 | 811-07332         |
| BlackRock Mid-Cap Growth Equity Portfolio                    | 811-05742         |
| BlackRock Short Duration Muni Fund                           | 811-02688         |
| BlackRock Advantage Large Cap Growth Fund                    | 811-05742         |
| BATS: Series S Portfolio                                     | 811-21457         |
| BlackRock Impact Mortgage Fund                               | 811-23339         |
| BlackRock Low Duration Bond Portfolio                        | 811-23339         |
| BlackRock Large Cap Focus Value Fund, Inc.                   | 811-02739         |
| BlackRock Retirement Income 2040 Fund                        | 811-22061         |
| iShares High Yield Muni Active ETF                           | 811-23511         |
| BlackRock Sustainable High Yield Bond Fund                   | 811-23339         |
| BlackRock High Yield V.I. Fund                               | 811-23346         |
| BlackRock LifePath Dynamic 2055 Fund                         | 811-07332         |
| BlackRock Tactical Opportunities Fund                        | 811-05742         |
| BlackRock LifePath ESG Index 2055 Fund                       | 811-07332         |
| iShares BBB-B CLO Active ETF                                 | 811-23511         |
| BlackRock New York Municipal Opportunities Fund              | 811-04375         |
| BlackRock LifePath ESG Index 2065 Fund                       | 811-07332         |
| BlackRock U.S. Carbon Transition Readiness ETF               | 811-23402         |
| BlackRock 80/20 Target Allocation Fund                       | 811-22061         |
| iShares U.S. Select Equity Active ETF                        | 811-23402         |
| BlackRock Sustainable Advantage Emerging Markets Equity Fund | 811-05742         |
| BlackRock LifePath Index 2030 Fund                           | 811-07332         |
| iShares Floating Rate Loan Active ETF                        | 811-23511         |
| BlackRock Global Dividend Portfolio                          | 811-22061         |
| BATS: Series V Portfolio                                     | 811-21457         |
| BlackRock LifePath ESG Index 2050 Fund                       | 811-07332         |
| BlackRock Mortgage-Backed Securities Fund                    | 811-23339         |
| BlackRock Systematic Multi-Strategy Fund                     | 811-23341         |
| S&P 500 Index Master Portfolio                               | 811-08162         |
| BlackRock Real Estate Securities Fund                        | 811-05742         |
| BlackRock Exchange Portfolio                                 | 811-05742         |
| BlackRock Sustainable Advantage Large Cap Core Fund          | 811-05742         |
| BlackRock LifePath Dynamic 2035 Fund                         | 811-07332         |
| BlackRock Event Driven Equity Fund                           | 811-09637         |
| BlackRock LifePath ESG Index 2060 Fund                       | 811-07332         |
| BlackRock Technology Opportunities Fund                      | 811-05742         |
| BlackRock Equity Dividend V.I. Fund                          | 811-03290         |
| iShares MSCI EAFE International Index Fund                   | 811-07899         |
| iShares High Yield Active ETF                                | 811-23511         |
| BlackRock LifePath Index 2050 Fund                           | 811-07332         |
| BlackRock Global Allocation V.I. Fund                        | 811-03290         |
| BlackRock Basic Value V.I. Fund                              | 811-03290         |
| iShares Russell Mid-Cap Index Fund                           | 811-05742         |
| iShares A.I. Innovation and Tech Active ETF                  | 811-23402         |
| BlackRock Dynamic High Income Portfolio                      | 811-22061         |
| BlackRock New Jersey Municipal Bond Fund                     | 811-04375         |
| BlackRock Energy Opportunities Fund                          | 811-05742         |
| BlackRock Diversified Fixed Income Fund                      | 811-07332         |
| BlackRock Emerging Markets Fund, Inc.                        | 811-05723         |
| iShares FinTech Active ETF                                   | 811-23402         |
| BlackRock Defensive Advantage Emerging Markets Fund          | 811-05742         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

### Management Investment Record: 3 - iShares Floating Rate Loan Active ETF

**Item C.1. Background information.**

- **a. Full Name of the Fund:** iShares Floating Rate Loan Active ETF

- **b. Series identification number, if any:** S000077718

- **c. LEI:** 549300ROS5C1CAWJAS67

- **d. Is this the first filing on this form by the Fund?:** No

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 0

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class                 | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | iShares Floating Rate Loan Active ETF | C000238207                                | BRLN                         |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [x] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [x] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [ ] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** Yes

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

- **b. Did the Fund lend any of its securities during the reporting period?** Yes

  - **i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:**

    - **1. The Fund (or it securities lending agent) liquidated collateral pledged to secure the loaned securities?** No

    - **2. The Fund was otherwise adversely impacted?** No

**c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:**

**Securities Lending Record: 1**

- **i. Full name of securities lending agent:** BlackRock Institutional Trust Company, National Association

- **ii. LEI, if any:** 549300RK1FB0VMTPD087

- **iii. Is the securities lending agent an affiliated person...?** Yes

- **iv. Does the securities lending agent... indemnify the Fund against borrower default?** Yes

- **v. If the entity providing the indemnification is not the securities lending agent, provide the following information:**

  **Idemnity Providers Record: 1**

  - **1. Name of person providing indemnification:** —

  - **2. LEI, if any:** —

- **vi. Did the Fund exercise its indemnification rights during the reporting period?** No

**d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:**

**Collateral Managers Record: 1**

- **i. Full name of cash collateral manager:** BlackRock Fund Advisors

- **ii. LEI, if any:** 549300YOOGP0Y1M95C20

- **iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund??** Yes

- **iv. Is the cash collateral manager an affiliated person of the Fund?** Yes

**e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):**

- [x] Revenue sharing split

- [ ] Fee-based revenue split (other than administrative fee)

- [ ] Administrative fee

- [x] Cash collateral reinvestment fee

- [ ] Indemnification fee

- [x] Other

- [ ] N/A

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** $445,514.07

- **g. Provide the net income from securities lending activities:** $2,098.00

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 6c-11 (17 CFR 270.6c-11)

- Rule 12d1-4 (17 CFR 270.12d1-4)

- Rule 18f-4(e) (17 CFR 270.18f-4(e))

- Rule 12d1-1 (17 CFR 270.12d1-1)

- Rule 32a-4 (17 CFR 270.32a-4)

- Rule 18f-4(f)(17 CFR 270.18f-4(f))

- Rule 18f-4 (17 CFR 270.18f-4)

- Rule 17a-6 (17 CFR 270.17a-6)

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** Yes

- **b. Were any expenses reduced or waived?** Yes

- **c. Are the fees waived subject to recoupment?** No

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** BlackRock Fund Advisors

- **ii. SEC file number:** 801-22609

- **iii. CRD number:** 000105247

- **iv. LEI, if any:** 549300YOOGP0Y1M95C20

- **v. State, if applicable:** CA

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. SEC file number:** 85-05003

- **iii. LEI, if any:** 571474TGEMMWANRLN572

- **iv. State, if applicable:** MA

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** No

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** S&P Global Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** Y6X4K52KMJMZE7I7MY94

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** ICE Data Services, Inc.

- **Description of other identifying number:** Tax ID

- **iii. State, if applicable:** GA

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** London Stock Exchange Group PLC

- **ii. LEI, if any, or provide and describe other identifying number:** 213800QAUUUP6I445N30

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** Bloomberg L.P.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300B56MD0ZC402L06

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** Barclays Capital Inc.

- **ii. LEI, if any:** AC28XWWI3WIBK2824319

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6)

**Custodians Record: 2**

- **i. Full name:** State Street Trust Company Canada

- **ii. LEI, if any:** 549300L71XG2CTQ2V827

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 3**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 4**

- **i. Full name:** Euroclear Bank

- **ii. LEI, if any:** 549300OZ46BRLZ8Y6F65

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)

**Custodians Record: 5**

- **i. Full name:** Royal Bank of Canada

- **ii. LEI, if any:** ES7IP3U3RHIGC71XBU11

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 6**

- **i. Full name:** BNP Paribas Securities Corp.

- **ii. LEI, if any:** RCNB6OTYUAMMP879YW96

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6)

**Custodians Record: 7**

- **i. Full name:** State Street Bank and Trust Company (Edinburgh, GB, Branch)

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

No Shareholder Servicing Agents reported.

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any, or other identifying number:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the administrator a sub-administrator?:** No

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

**Broker Dealers Record: 1**

- **a. Full name:** BlackRock Execution Services

- **b. SEC file number:** 8-48719

- **c. CRD number:** 000039438

- **d. LEI, if any:** 549300HFCRQ0NT5KY652

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Broker Dealers Record: 2**

- **a. Full name:** BlackRock Investments, LLC

- **b. SEC file number:** 8-48436

- **c. CRD number:** 000038642

- **d. LEI, if any:** 54930061FBHCKXL2G714

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Item C.16. Brokers.**

**a. For each of the ten brokers that received the largest dollar amount of brokerage commissions...**

**Brokers Record: 1**

- **i. Full name of broker:** Jefferies LLC

- **ii. SEC file number:** 8-15074

- **iii. CRD number:** 000002347

- **iv. LEI, if any:** 58PU97L1C0WSRCWADL48

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $100.00

**Brokers Record: 2**

- **i. Full name of broker:** Cowen and Company, LLC

- **ii. SEC file number:** 8-22522

- **iii. CRD number:** 000007616

- **iv. LEI, if any:** SUVUFHICNZMP2WKHG940

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $200.00

**Brokers Record: 3**

- **i. Full name of broker:** J.P. Morgan Securities LLC

- **ii. SEC file number:** 8-35008

- **iii. CRD number:** 000000079

- **iv. LEI, if any:** ZBUT11V806EZRVTWT807

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $160.00

**Brokers Record: 4**

- **i. Full name of broker:** Morgan Stanley & Co. LLC

- **ii. SEC file number:** 8-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $35.00

**Brokers Record: 5**

- **i. Full name of broker:** Jane Street Execution Services, LLC

- **ii. SEC file number:** 8-69254

- **iii. CRD number:** 000167280

- **iv. LEI, if any:** 549300HXJLXCPDWAH070

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $80.00

**Brokers Record: 6**

- **i. Full name of broker:** Citadel Securities LLC

- **ii. SEC file number:** 8-53574

- **iii. CRD number:** 000116797

- **iv. LEI, if any:** 12UUJYTN7D3SW8KCSG25

- **v. State, if applicable:** FL

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $210.00

**Aggregate Commission:** $785.00

**Item C.17.a. Principal transaction counterparties.**

| Name                                                 | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| BofA Securities, Inc.                                | 8-69787           | 000283942    | 549300HN4UKV1E2R3U73 | NY      | US        | $6,538,977.06             |
| Jefferies LLC                                        | 8-15074           | 000002347    | 58PU97L1C0WSRCWADL48 | NY      | US        | $2,284,233.85             |
| J.P. Morgan Securities LLC                           | 8-35008           | 000000079    | ZBUT11V806EZRVTWT807 | NY      | US        | $5,969,860.19             |
| BNY Capital Markets, LLC                             | 8-35255           | 000017454    | VJW2DOOHGDT6PR0ZRO63 | NY      | US        | $4,515,344.28             |
| Goldman Sachs & Co. LLC                              | 8-129             | 000000361    | FOR8UP27PHTHYVLBNG30 | NY      | US        | $5,125,047.83             |
| Morgan Stanley & Co. LLC                             | 8-15869           | 000008209    | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $5,043,678.66             |
| Barclays Capital Inc.                                | 8-41342           | 000019714    | AC28XWWI3WIBK2824319 | NY      | US        | $2,714,205.73             |
| Deutsche Bank Securities Inc.                        | 8-17822           | 000002525    | 9J6MBOOO7BECTDTUZW19 | NY      | US        | $2,014,563.86             |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | N/A               | N/A          | 5493005PQV5UQG4OSI49 | DE      | US        | $67,960,000.00            |
| Citigroup Global Markets Inc.                        | 8-8177            | 000007059    | MBNUM2BPBDO7JBLYG310 | NY      | US        | $2,584,913.75             |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $112,871,259.35

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.a - Fund's monthly average net assets:** $58,573,645.58

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $2,400,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** Wells Fargo Bank, N.A.

  - **Line Institutions Record: 2 Name of institution:** The Toronto-Dominion Bank, New York Branch

  - **Line Institutions Record: 3 Name of institution:** Bank of Montreal

  - **Line Institutions Record: 4 Name of institution:** Royal Bank of Canada

  - **Line Institutions Record: 5 Name of institution:** Mizuho Bank, Ltd.

  - **Line Institutions Record: 6 Name of institution:** MUFG Bank, Ltd.

  - **Line Institutions Record: 7 Name of institution:** BNP Paribas

  - **Line Institutions Record: 8 Name of institution:** Societe Generale

  - **Line Institutions Record: 9 Name of institution:** State Street Bank and Trust Company

  - **Line Institutions Record: 10 Name of institution:** Citibank, N.A.

  - **Line Institutions Record: 11 Name of institution:** Bank of America, N.A.

  - **Line Institutions Record: 12 Name of institution:** The Bank of New York Mellon

  - **Line Institutions Record: 13 Name of institution:** Morgan Stanley Bank, N.A.

  - **Line Institutions Record: 14 Name of institution:** The Northern Trust Co.

  - **Line Institutions Record: 15 Name of institution:** Banco Bilbao Vizcaya Argentaria, S.A. New York Branch

  - **Line Institutions Record: 16 Name of institution:** Barclays Bank PLC

  - **Line Institutions Record: 17 Name of institution:** Brown Brothers Harriman & Co.

  - **Line Institutions Record: 18 Name of institution:** JPMorgan Chase Bank, N.A.

  - **Line Institutions Record: 19 Name of institution:** Standard Chartered Bank

  - **Line Institutions Record: 20 Name of institution:** Goldman Sachs Bank USA

  - **Line Institutions Record: 21 Name of institution:** Deutsche Bank AG New York Branch

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                                 | SEC File number   |
|:---|:---|
| BlackRock Basic Value V.I. Fund                              | 811-03290         |
| BlackRock High Yield V.I. Fund                               | 811-23346         |
| BlackRock Advantage SMID Cap Fund, Inc.                      | 811-02809         |
| BlackRock Sustainable Advantage International Equity Fund    | 811-05742         |
| BlackRock LifePath Dynamic 2060 Fund                         | 811-07332         |
| Master Small Cap Index Series                                | 811-07885         |
| BlackRock Pennsylvania Municipal Bond Fund                   | 811-04375         |
| BlackRock LifePath Index 2070 Fund                           | 811-07332         |
| BlackRock Managed Income Fund                                | 811-22061         |
| iShares Large Cap Value Active ETF                           | 811-23402         |
| BlackRock Equity Dividend Fund                               | 811-05178         |
| iShares FTSE NAREIT All Equity REIT Index Fund               | 811-05742         |
| BlackRock Systematic Multi-Strategy Fund                     | 811-23341         |
| iShares Developed Real Estate Index Fund                     | 811-05742         |
| BlackRock Low Duration Bond Portfolio                        | 811-23339         |
| iShares Health Innovation Active ETF                         | 811-23402         |
| iShares U.S. Intermediate Government Bond Index Fund         | 811-05742         |
| BlackRock Core Bond Portfolio                                | 811-23339         |
| iShares Enhanced Roll Yield Index Fund                       | 811-05742         |
| BATS: Series A Portfolio                                     | 811-21457         |
| International Tilts Master Portfolio                         | 811-08162         |
| BlackRock Dynamic High Income Portfolio                      | 811-22061         |
| BlackRock Capital Appreciation Fund, Inc.                    | 811-06669         |
| BlackRock Strategic Income Opportunities Portfolio           | 811-23339         |
| BlackRock 60/40 Target Allocation ETF V.I. Fund              | 811-03290         |
| BlackRock LifePath Index 2065 Fund                           | 811-07332         |
| BlackRock Mid-Cap Value Fund                                 | 811-07177         |
| BlackRock LifePath Index 2050 Fund                           | 811-07332         |
| BlackRock LifePath ESG Index 2070 Fund                       | 811-07332         |
| iShares U.S. Securitized Bond Index Fund                     | 811-05742         |
| iShares U.S. Select Equity Active ETF                        | 811-23402         |
| BlackRock Event Driven Equity Fund                           | 811-09637         |
| BlackRock GA Disciplined Volatility Equity Fund              | 811-21763         |
| BlackRock Retirement Income 2040 Fund                        | 811-22061         |
| BlackRock Small Cap Index V.I. Fund                          | 811-03290         |
| BlackRock Defensive Advantage Emerging Markets Fund          | 811-05742         |
| iShares International Country Rotation Active ETF            | 811-23402         |
| BlackRock LifePath ESG Index 2065 Fund                       | 811-07332         |
| BlackRock Balanced Fund, Inc.                                | 811-02405         |
| BlackRock Inflation Protected Bond Portfolio                 | 811-23339         |
| BlackRock Advantage Small Cap Growth Fund                    | 811-05742         |
| BlackRock Sustainable Emerging Markets Equity Fund           | 811-02661         |
| BlackRock Equity Dividend V.I. Fund                          | 811-03290         |
| iShares A.I. Innovation and Tech Active ETF                  | 811-23402         |
| BATS: Series E Portfolio                                     | 811-21457         |
| iShares Russell Mid-Cap Index Fund                           | 811-05742         |
| BlackRock Advantage SMID Cap V.I. Fund                       | 811-03290         |
| iShares Russell Small/Mid-Cap Index Fund                     | 811-05742         |
| BlackRock LifePath Dynamic 2035 Fund                         | 811-07332         |
| BlackRock Sustainable Aware Advantage Global Equity Fund     | 811-05742         |
| BlackRock LifePath Index 2040 Fund                           | 811-07332         |
| BlackRock Impact Municipal Fund                              | 811-02688         |
| BlackRock Allocation Target Shares: Series I Portfolio       | 811-21457         |
| BlackRock Strategic Global Bond Fund, Inc.                   | 811-05603         |
| BlackRock National Municipal Fund                            | 811-02688         |
| BlackRock Advantage Emerging Markets Fund                    | 811-05742         |
| BlackRock Sustainable High Yield Bond Fund                   | 811-23339         |
| BlackRock Advantage Large Cap Growth Fund                    | 811-05742         |
| BlackRock Global Allocation Fund, Inc.                       | 811-05576         |
| BlackRock New York Municipal Opportunities Fund              | 811-04375         |
| BlackRock LifePath Index 2060 Fund                           | 811-07332         |
| BlackRock International V.I. Fund                            | 811-03290         |
| iShares International Dividend Active ETF                    | 811-23402         |
| BlackRock International Select Equity Fund                   | 811-04612         |
| BATS: Series V Portfolio                                     | 811-21457         |
| BlackRock LifePath Index 2045 Fund                           | 811-07332         |
| Diversified Equity Master Portfolio                          | 811-08162         |
| iShares Total U.S. Stock Market Index Fund                   | 811-05742         |
| iShares Municipal Bond Index Fund                            | 811-05742         |
| BlackRock High Yield Portfolio                               | 811-23339         |
| BlackRock Mid-Cap Growth Equity Portfolio                    | 811-05742         |
| BlackRock Advantage International Fund                       | 811-05742         |
| U.S. Total Bond Index Master Portfolio                       | 811-08162         |
| iShares Intermediate Muni Income Active ETF                  | 811-23511         |
| iShares Large Cap Core Active ETF                            | 811-23402         |
| BlackRock Large Cap Focus Growth V.I. Fund                   | 811-03290         |
| BlackRock Strategic Municipal Opportunities Fund             | 811-04802         |
| iShares MSCI EAFE International Index Fund                   | 811-07899         |
| Large Cap Index Master Portfolio                             | 811-08162         |
| BlackRock 20/80 Target Allocation Fund                       | 811-22061         |
| iShares Managed Futures Active ETF-Aggregate                 | 811-23402         |
| iShares Large Cap Growth Active ETF                          | 811-23402         |
| BlackRock Large Cap Focus Value Fund, Inc.                   | 811-02739         |
| BlackRock 40/60 Target Allocation Fund                       | 811-22061         |
| BlackRock Advantage Small Cap Core Fund                      | 811-05742         |
| BlackRock Health Sciences Opportunities Portfolio            | 811-05742         |
| BlackRock LifePath Dynamic 2050 Fund                         | 811-07332         |
| BlackRock Multi-Asset Income Portfolio                       | 811-22061         |
| BlackRock Tactical Opportunities Fund                        | 811-05742         |
| BlackRock California Municipal Opportunities Fund            | 811-04264         |
| iShares High Yield Muni Income Active ETF                    | 811-23511         |
| BlackRock LifePath ESG Index 2035 Fund                       | 811-07332         |
| BlackRock LifePath Index Retirement Fund                     | 811-07332         |
| BlackRock LifePath ESG Index 2050 Fund                       | 811-07332         |
| BlackRock International Fund                                 | 811-08797         |
| BlackRock LifePath Dynamic 2045 Fund                         | 811-07332         |
| BlackRock Floating Rate Income Portfolio                     | 811-23339         |
| BlackRock Retirement Income 2030 Fund                        | 811-22061         |
| iShares AAA CLO Active ETF                                   | 811-23511         |
| BlackRock Advantage Large Cap Core V.I. Fund                 | 811-03290         |
| BlackRock LifePath Index 2055 Fund                           | 811-07332         |
| iShares BBB-B CLO Active ETF                                 | 811-23511         |
| BlackRock LifePath Dynamic 2070 Fund                         | 811-07332         |
| BlackRock Large Cap Focus Growth Fund, Inc.                  | 811-09651         |
| iShares U.S. Intermediate Credit Bond Index Fund             | 811-05742         |
| BlackRock LifePath ESG Index 2045 Fund                       | 811-07332         |
| BlackRock Impact Mortgage Fund                               | 811-23339         |
| BlackRock U.S. Insights Long/Short Equity Fund               | 811-05742         |
| BlackRock Technology Opportunities Fund                      | 811-05742         |
| BlackRock Sustainable Advantage Large Cap Core Fund          | 811-05742         |
| BlackRock Exchange Portfolio                                 | 811-05742         |
| iShares U.S. Thematic Rotation Active ETF                    | 811-23402         |
| iShares Large Cap Deep Buffer ETF                            | 811-23511         |
| BlackRock U.S. Carbon Transition Readiness ETF               | 811-23402         |
| iShares Short-Term TIPS Bond Index Fund                      | 811-05742         |
| BlackRock Global Equity Market Neutral Fund                  | 811-05742         |
| BlackRock Managed Volatility V.I. Fund                       | 811-03290         |
| BlackRock LifePath ESG Index Retirement Fund                 | 811-07332         |
| BlackRock S&P 500 Index V.I. Fund                            | 811-03290         |
| BlackRock LifePath ESG Index 2060 Fund                       | 811-07332         |
| BlackRock Real Estate Securities Fund                        | 811-05742         |
| iShares Advantage Large Cap Income ETF                       | 811-23402         |
| BlackRock New Jersey Municipal Bond Fund                     | 811-04375         |
| BlackRock Emerging Markets Fund, Inc.                        | 811-05723         |
| iShares High Yield Active ETF                                | 811-23511         |
| BlackRock Capital Appreciation V.I. Fund                     | 811-03290         |
| iShares Flexible Income Active ETF                           | 811-23511         |
| iShares Technology Opportunities Active ETF                  | 811-23402         |
| BlackRock Global Allocation Portfolio                        | 811-03091         |
| BlackRock LifePath ESG Index 2040 Fund                       | 811-07332         |
| BlackRock LifePath ESG Index 2030 Fund                       | 811-07332         |
| BlackRock 60/40 Target Allocation Fund                       | 811-22061         |
| BlackRock Unconstrained Equity Fund                          | 811-21759         |
| BATS: Series S Portfolio                                     | 811-21457         |
| BlackRock Mortgage-Backed Securities Fund                    | 811-23339         |
| BlackRock Diversified Fixed Income Fund                      | 811-07332         |
| BlackRock Advantage Large Cap Core Portfolio                 | 811-03091         |
| BATS: Series C Portfolio                                     | 811-21457         |
| BlackRock GA Dynamic Equity Fund                             | 811-21763         |
| BlackRock International Index V.I. Fund                      | 811-03290         |
| iShares Large Cap Moderate Buffer ETF                        | 811-23511         |
| BATS: Series P Portfolio                                     | 811-21457         |
| BlackRock Energy Opportunities Fund                          | 811-05742         |
| iShares High Yield Muni Active ETF                           | 811-23511         |
| BlackRock Advantage Global Fund, Inc.                        | 811-07171         |
| BlackRock Total Return Fund                                  | 811-02857         |
| iShares Enhanced Short-Term Bond Active ETF                  | 811-23402         |
| BlackRock High Yield Portfolio                               | 811-23345         |
| BATS: Series M Portfolio                                     | 811-21457         |
| BlackRock 80/20 Target Allocation Fund                       | 811-22061         |
| BlackRock Advantage Large Cap Core Fund                      | 811-09637         |
| BlackRock Sustainable Advantage Emerging Markets Equity Fund | 811-05742         |
| BlackRock LifePath Dynamic 2055 Fund                         | 811-07332         |
| Total International Ex U.S. Index Master Portfolio           | 811-08162         |
| BlackRock LifePath ESG Index 2055 Fund                       | 811-07332         |
| BlackRock Short Obligations Fund                             | 811-05742         |
| BlackRock Commodity Strategies Fund                          | 811-05742         |
| BlackRock LifePath Dynamic Retirement Fund                   | 811-07332         |
| BlackRock Credit Relative Value Fund                         | 811-23341         |
| BlackRock Balanced Portfolio                                 | 811-03091         |
| BlackRock Emerging Markets ex-China Fund                     | 811-05742         |
| BlackRock U.S. Mortgage Portfolio                            | 811-23340         |
| BlackRock Total Return V.I. Fund                             | 811-23346         |
| BlackRock World ex U.S. Carbon Transition Readiness ETF      | 811-23402         |
| BlackRock LifePath Index 2030 Fund                           | 811-07332         |
| BlackRock High Equity Income Fund                            | 811-05742         |
| iShares U.S. Long Credit Bond Index Fund                     | 811-05742         |
| BlackRock Global Dividend Portfolio                          | 811-22061         |
| BlackRock Advantage Large Cap Value V.I. Fund                | 811-03290         |
| BlackRock Advantage Large Cap Value Fund                     | 811-09637         |
| BlackRock China A Opportunities Fund                         | 811-05742         |
| iShares FinTech Active ETF                                   | 811-23402         |
| BlackRock LifePath Dynamic 2065 Fund                         | 811-07332         |
| BlackRock Income Fund                                        | 811-23339         |
| iShares Short-Term California Muni Active ETF                | 811-23511         |
| BlackRock LifePath Dynamic 2030 Fund                         | 811-07332         |
| BlackRock Short Duration Muni Fund                           | 811-02688         |
| BlackRock Natural Resources Trust                            | 811-04282         |
| BlackRock Sustainable Total Return Fund                      | 811-02857         |
| BlackRock Capital Appreciation Portfolio                     | 811-03091         |
| iShares U.S. Industry Rotation Active ETF                    | 811-23402         |
| iShares U.S. Long Government Bond Index Fund                 | 811-05742         |
| Advantage CoreAlpha Bond Master Portfolio                    | 811-23343         |
| BlackRock Global Allocation V.I. Fund                        | 811-03290         |
| BlackRock LifePath Index 2035 Fund                           | 811-07332         |
| BlackRock LifePath Dynamic 2040 Fund                         | 811-07332         |
| iShares U.S. Equity Factor Rotation Active ETF               | 811-23402         |
| S&P 500 Index Master Portfolio                               | 811-08162         |
| iShares Total Return Active ETF                              | 811-23511         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

### Management Investment Record: 4 - iShares BBB-B CLO Active ETF

**Item C.1. Background information.**

- **a. Full Name of the Fund:** iShares BBB-B CLO Active ETF

- **b. Series identification number, if any:** S000089141

- **c. LEI:** 52990036JB8ZZNY5F960

- **d. Is this the first filing on this form by the Fund?:** Yes

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 0

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class        | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | iShares BBB-B CLO Active ETF | C000255648                                | BCLO                         |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [x] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [ ] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** Yes

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

**c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:**

**Securities Lending Record: 1**

- **i. Full name of securities lending agent:** BlackRock Institutional Trust Company, National Association

- **ii. LEI, if any:** 549300RK1FB0VMTPD087

- **iii. Is the securities lending agent an affiliated person...?** Yes

- **iv. Does the securities lending agent... indemnify the Fund against borrower default?** Yes

- **v. If the entity providing the indemnification is not the securities lending agent, provide the following information:**

  **Idemnity Providers Record: 1**

  - **1. Name of person providing indemnification:** —

  - **2. LEI, if any:** —

- **vi. Did the Fund exercise its indemnification rights during the reporting period?** No

**d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:**

**Collateral Managers Record: 1**

- **i. Full name of cash collateral manager:** BlackRock Fund Advisors

- **ii. LEI, if any:** 549300YOOGP0Y1M95C20

- **iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund??** Yes

- **iv. Is the cash collateral manager an affiliated person of the Fund?** Yes

**e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):**

- [x] Revenue sharing split

- [ ] Fee-based revenue split (other than administrative fee)

- [ ] Administrative fee

- [x] Cash collateral reinvestment fee

- [ ] Indemnification fee

- [x] Other

- [ ] N/A

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** —

- **g. Provide the net income from securities lending activities:** —

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 18f-4 (17 CFR 270.18f-4)

- Rule 12d1-1 (17 CFR 270.12d1-1)

- Rule 32a-4 (17 CFR 270.32a-4)

- Rule 18f-4(f)(17 CFR 270.18f-4(f))

- Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))

- Rule 6c-11 (17 CFR 270.6c-11)

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** Yes

- **b. Were any expenses reduced or waived?** Yes

- **c. Are the fees waived subject to recoupment?** No

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** BlackRock Fund Advisors

- **ii. SEC file number:** 801-22609

- **iii. CRD number:** 000105247

- **iv. LEI, if any:** 549300YOOGP0Y1M95C20

- **v. State, if applicable:** CA

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. SEC file number:** 85-05003

- **iii. LEI, if any:** 571474TGEMMWANRLN572

- **iv. State, if applicable:** MA

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** No

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** ICE Data Services, Inc.

- **Description of other identifying number:** Tax ID

- **iii. State, if applicable:** GA

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** London Stock Exchange Group PLC

- **ii. LEI, if any, or provide and describe other identifying number:** 213800QAUUUP6I445N30

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** Bloomberg L.P.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300B56MD0ZC402L06

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** S&P Global Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** Y6X4K52KMJMZE7I7MY94

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 2**

- **i. Full name:** Euroclear Bank

- **ii. LEI, if any:** 549300OZ46BRLZ8Y6F65

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)

**Custodians Record: 3**

- **i. Full name:** State Street Bank and Trust Company (Edinburgh, GB, Branch)

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

No Shareholder Servicing Agents reported.

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any, or other identifying number:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the administrator a sub-administrator?:** No

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

**Broker Dealers Record: 1**

- **a. Full name:** BlackRock Investments, LLC

- **b. SEC file number:** 8-48436

- **c. CRD number:** 000038642

- **d. LEI, if any:** 54930061FBHCKXL2G714

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Broker Dealers Record: 2**

- **a. Full name:** BlackRock Execution Services

- **b. SEC file number:** 8-48719

- **c. CRD number:** 000039438

- **d. LEI, if any:** 549300HFCRQ0NT5KY652

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Item C.16. Brokers.**

**a. For each of the ten brokers that received the largest dollar amount of brokerage commissions...**

**Brokers Record: 1**

- **i. Full name of broker:** Citigroup Global Markets Inc.

- **ii. SEC file number:** 8-8177

- **iii. CRD number:** 000007059

- **iv. LEI, if any:** MBNUM2BPBDO7JBLYG310

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $960.00

**Aggregate Commission:** $960.00

**Item C.17.a. Principal transaction counterparties.**

| Name                                                 | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| Mizuho Securities USA LLC                            | 8-37710           | 000019647    | 7TK5RJIZDFROZCA6XF66 | NY      | US        | $4,053,000.00             |
| BTIG, LLC                                            | 8-65473           | 000122225    | 549300GTG9PL6WO3EC51 | CA      | US        | $10,266,925.00            |
| Scotia Capital (USA) Inc.                            | 8-3716            | 000002739    | 549300BLWPABP1VNME36 | NY      | US        | $4,025,500.00             |
| Stonex Financial Inc.                                | 8-51269           | 000045993    | 549300LNKU6K5TJCRG93 | FL      | US        | $5,811,047.50             |
| Deutsche Bank Securities Inc.                        | 8-17822           | 000002525    | 9J6MBOOO7BECTDTUZW19 | NY      | US        | $6,056,912.50             |
| BofA Securities, Inc.                                | 8-69787           | 000283942    | 549300HN4UKV1E2R3U73 | NY      | US        | $8,938,000.00             |
| J.P. Morgan Securities LLC                           | 8-35008           | 000000079    | ZBUT11V806EZRVTWT807 | NY      | US        | $8,037,690.00             |
| Citigroup Global Markets Inc.                        | 8-8177            | 000007059    | MBNUM2BPBDO7JBLYG310 | NY      | US        | $4,406,350.00             |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | N/A               | N/A          | 5493005PQV5UQG4OSI49 | DE      | US        | $39,460,000.00            |
| Goldman Sachs & Co. LLC                              | 8-129             | 000000361    | FOR8UP27PHTHYVLBNG30 | NY      | US        | $6,576,010.73             |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $129,218,617.23

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.a - Fund's monthly average net assets:** $59,705,605.79

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $1,750,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** JPMorgan Chase Bank, N.A.

  - **Line Institutions Record: 2 Name of institution:** MUFG Bank, Ltd.

  - **Line Institutions Record: 3 Name of institution:** Bank of Montreal

  - **Line Institutions Record: 4 Name of institution:** BNP Paribas

  - **Line Institutions Record: 5 Name of institution:** Goldman Sachs Bank USA

  - **Line Institutions Record: 6 Name of institution:** Citibank, N.A.

  - **Line Institutions Record: 7 Name of institution:** Brown Brothers Harriman & Co.

  - **Line Institutions Record: 8 Name of institution:** Banco Bilbao Vizcaya Argentaria, S.A. New York Branch

  - **Line Institutions Record: 9 Name of institution:** Societe Generale

  - **Line Institutions Record: 10 Name of institution:** Bank of America, N.A.

  - **Line Institutions Record: 11 Name of institution:** Mizuho Bank, Ltd.

  - **Line Institutions Record: 12 Name of institution:** Standard Chartered Bank

  - **Line Institutions Record: 13 Name of institution:** The Toronto-Dominion Bank, New York Branch

  - **Line Institutions Record: 14 Name of institution:** Deutsche Bank AG New York Branch

  - **Line Institutions Record: 15 Name of institution:** Barclays Bank PLC

  - **Line Institutions Record: 16 Name of institution:** State Street Bank and Trust Company

  - **Line Institutions Record: 17 Name of institution:** Royal Bank of Canada

  - **Line Institutions Record: 18 Name of institution:** Morgan Stanley Bank, N.A.

  - **Line Institutions Record: 19 Name of institution:** The Northern Trust Co.

  - **Line Institutions Record: 20 Name of institution:** Wells Fargo Bank, N.A.

  - **Line Institutions Record: 21 Name of institution:** The Bank of New York Mellon

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                                 | SEC File number   |
|:---|:---|
| BlackRock New Jersey Municipal Bond Fund                     | 811-04375         |
| BlackRock LifePath ESG Index 2030 Fund                       | 811-07332         |
| BlackRock Strategic Income Opportunities Portfolio           | 811-23339         |
| BlackRock Emerging Markets Fund, Inc.                        | 811-05723         |
| BlackRock Capital Appreciation Portfolio                     | 811-03091         |
| iShares U.S. Select Equity Active ETF                        | 811-23402         |
| BlackRock LifePath Dynamic 2070 Fund                         | 811-07332         |
| BlackRock Mortgage-Backed Securities Fund                    | 811-23339         |
| BlackRock Event Driven Equity Fund                           | 811-09637         |
| BlackRock Exchange Portfolio                                 | 811-05742         |
| iShares U.S. Industry Rotation Active ETF                    | 811-23402         |
| iShares U.S. Long Government Bond Index Fund                 | 811-05742         |
| BlackRock International Select Equity Fund                   | 811-04612         |
| iShares International Dividend Active ETF                    | 811-23402         |
| BlackRock Sustainable Advantage Large Cap Core Fund          | 811-05742         |
| BlackRock LifePath Index Retirement Fund                     | 811-07332         |
| BlackRock Capital Appreciation Fund, Inc.                    | 811-06669         |
| BlackRock New York Municipal Opportunities Fund              | 811-04375         |
| BlackRock Retirement Income 2030 Fund                        | 811-22061         |
| BlackRock 20/80 Target Allocation Fund                       | 811-22061         |
| BlackRock International Index V.I. Fund                      | 811-03290         |
| iShares Large Cap Core Active ETF                            | 811-23402         |
| BlackRock Defensive Advantage Emerging Markets Fund          | 811-05742         |
| BlackRock LifePath Dynamic 2055 Fund                         | 811-07332         |
| BlackRock Sustainable Total Return Fund                      | 811-02857         |
| BlackRock Strategic Municipal Opportunities Fund             | 811-04802         |
| BlackRock LifePath Index 2070 Fund                           | 811-07332         |
| iShares Floating Rate Loan Active ETF                        | 811-23511         |
| BlackRock High Yield Portfolio                               | 811-23339         |
| BlackRock Advantage Large Cap Core Fund                      | 811-09637         |
| iShares MSCI EAFE International Index Fund                   | 811-07899         |
| BlackRock LifePath Dynamic 2040 Fund                         | 811-07332         |
| BlackRock Sustainable Advantage Emerging Markets Equity Fund | 811-05742         |
| BATS: Series A Portfolio                                     | 811-21457         |
| BlackRock Credit Relative Value Fund                         | 811-23341         |
| Advantage CoreAlpha Bond Master Portfolio                    | 811-23343         |
| BlackRock Advantage Large Cap Growth Fund                    | 811-05742         |
| BlackRock Impact Municipal Fund                              | 811-02688         |
| BlackRock Advantage Large Cap Core V.I. Fund                 | 811-03290         |
| BlackRock LifePath Index 2040 Fund                           | 811-07332         |
| BlackRock LifePath ESG Index 2045 Fund                       | 811-07332         |
| BlackRock LifePath Dynamic 2050 Fund                         | 811-07332         |
| BlackRock LifePath Dynamic 2030 Fund                         | 811-07332         |
| iShares Large Cap Value Active ETF                           | 811-23402         |
| BlackRock LifePath Dynamic 2060 Fund                         | 811-07332         |
| BlackRock LifePath ESG Index 2055 Fund                       | 811-07332         |
| BlackRock Advantage Large Cap Value Fund                     | 811-09637         |
| International Tilts Master Portfolio                         | 811-08162         |
| iShares Total Return Active ETF                              | 811-23511         |
| BATS: Series V Portfolio                                     | 811-21457         |
| S&P 500 Index Master Portfolio                               | 811-08162         |
| BlackRock U.S. Insights Long/Short Equity Fund               | 811-05742         |
| BlackRock Large Cap Focus Value Fund, Inc.                   | 811-02739         |
| BlackRock Mid-Cap Value Fund                                 | 811-07177         |
| BlackRock Sustainable Aware Advantage Global Equity Fund     | 811-05742         |
| BlackRock LifePath Index 2055 Fund                           | 811-07332         |
| BlackRock Balanced Portfolio                                 | 811-03091         |
| BlackRock LifePath Dynamic 2065 Fund                         | 811-07332         |
| BlackRock Dynamic High Income Portfolio                      | 811-22061         |
| BlackRock World ex U.S. Carbon Transition Readiness ETF      | 811-23402         |
| BlackRock China A Opportunities Fund                         | 811-05742         |
| iShares Short-Term California Muni Active ETF                | 811-23511         |
| BlackRock Core Bond Portfolio                                | 811-23339         |
| BATS: Series E Portfolio                                     | 811-21457         |
| BlackRock Impact Mortgage Fund                               | 811-23339         |
| BlackRock Global Dividend Portfolio                          | 811-22061         |
| BlackRock Floating Rate Income Portfolio                     | 811-23339         |
| iShares High Yield Active ETF                                | 811-23511         |
| BlackRock LifePath Index 2035 Fund                           | 811-07332         |
| Large Cap Index Master Portfolio                             | 811-08162         |
| BlackRock LifePath ESG Index Retirement Fund                 | 811-07332         |
| BlackRock Mid-Cap Growth Equity Portfolio                    | 811-05742         |
| BlackRock Real Estate Securities Fund                        | 811-05742         |
| iShares A.I. Innovation and Tech Active ETF                  | 811-23402         |
| BlackRock Equity Dividend V.I. Fund                          | 811-03290         |
| BlackRock Health Sciences Opportunities Portfolio            | 811-05742         |
| BlackRock Energy Opportunities Fund                          | 811-05742         |
| BlackRock Technology Opportunities Fund                      | 811-05742         |
| iShares U.S. Thematic Rotation Active ETF                    | 811-23402         |
| BlackRock California Municipal Opportunities Fund            | 811-04264         |
| BlackRock Sustainable Advantage International Equity Fund    | 811-05742         |
| BlackRock International V.I. Fund                            | 811-03290         |
| BlackRock Managed Income Fund                                | 811-22061         |
| BlackRock Retirement Income 2040 Fund                        | 811-22061         |
| BlackRock Balanced Fund, Inc.                                | 811-02405         |
| iShares FinTech Active ETF                                   | 811-23402         |
| iShares Flexible Income Active ETF                           | 811-23511         |
| iShares Municipal Bond Index Fund                            | 811-05742         |
| iShares Short-Term TIPS Bond Index Fund                      | 811-05742         |
| BlackRock Basic Value V.I. Fund                              | 811-03290         |
| BlackRock Short Obligations Fund                             | 811-05742         |
| BlackRock Advantage Global Fund, Inc.                        | 811-07171         |
| BlackRock LifePath Index 2060 Fund                           | 811-07332         |
| BlackRock Managed Volatility V.I. Fund                       | 811-03290         |
| iShares U.S. Long Credit Bond Index Fund                     | 811-05742         |
| BlackRock Global Equity Market Neutral Fund                  | 811-05742         |
| BlackRock U.S. Mortgage Portfolio                            | 811-23340         |
| BlackRock Large Cap Focus Growth Fund, Inc.                  | 811-09651         |
| BlackRock Global Allocation Fund, Inc.                       | 811-05576         |
| iShares High Yield Muni Income Active ETF                    | 811-23511         |
| BlackRock 60/40 Target Allocation Fund                       | 811-22061         |
| Master Small Cap Index Series                                | 811-07885         |
| BlackRock Advantage International Fund                       | 811-05742         |
| BlackRock GA Disciplined Volatility Equity Fund              | 811-21763         |
| BlackRock LifePath ESG Index 2050 Fund                       | 811-07332         |
| iShares FTSE NAREIT All Equity REIT Index Fund               | 811-05742         |
| BlackRock Global Allocation V.I. Fund                        | 811-03290         |
| BlackRock Short Duration Muni Fund                           | 811-02688         |
| iShares Developed Real Estate Index Fund                     | 811-05742         |
| iShares U.S. Equity Factor Rotation Active ETF               | 811-23402         |
| BlackRock Commodity Strategies Fund                          | 811-05742         |
| BlackRock 80/20 Target Allocation Fund                       | 811-22061         |
| Diversified Equity Master Portfolio                          | 811-08162         |
| BlackRock LifePath ESG Index 2040 Fund                       | 811-07332         |
| BlackRock Pennsylvania Municipal Bond Fund                   | 811-04375         |
| BlackRock 60/40 Target Allocation ETF V.I. Fund              | 811-03290         |
| BlackRock Sustainable High Yield Bond Fund                   | 811-23339         |
| BlackRock GA Dynamic Equity Fund                             | 811-21763         |
| BlackRock Advantage SMID Cap Fund, Inc.                      | 811-02809         |
| BlackRock High Yield Portfolio                               | 811-23345         |
| iShares U.S. Securitized Bond Index Fund                     | 811-05742         |
| BlackRock Capital Appreciation V.I. Fund                     | 811-03290         |
| iShares Russell Mid-Cap Index Fund                           | 811-05742         |
| iShares Intermediate Muni Income Active ETF                  | 811-23511         |
| BATS: Series S Portfolio                                     | 811-21457         |
| BlackRock Emerging Markets ex-China Fund                     | 811-05742         |
| iShares High Yield Muni Active ETF                           | 811-23511         |
| BlackRock Inflation Protected Bond Portfolio                 | 811-23339         |
| Total International Ex U.S. Index Master Portfolio           | 811-08162         |
| BlackRock Natural Resources Trust                            | 811-04282         |
| BlackRock Tactical Opportunities Fund                        | 811-05742         |
| BlackRock International Fund                                 | 811-08797         |
| BlackRock Advantage Small Cap Growth Fund                    | 811-05742         |
| iShares Enhanced Short-Term Bond Active ETF                  | 811-23402         |
| BlackRock Diversified Fixed Income Fund                      | 811-07332         |
| BlackRock LifePath Index 2030 Fund                           | 811-07332         |
| BlackRock Systematic Multi-Strategy Fund                     | 811-23341         |
| BlackRock S&P 500 Index V.I. Fund                            | 811-03290         |
| BATS: Series P Portfolio                                     | 811-21457         |
| BlackRock LifePath ESG Index 2065 Fund                       | 811-07332         |
| BATS: Series M Portfolio                                     | 811-21457         |
| BlackRock Total Return V.I. Fund                             | 811-23346         |
| BlackRock LifePath Dynamic 2035 Fund                         | 811-07332         |
| BlackRock Large Cap Focus Growth V.I. Fund                   | 811-03290         |
| BlackRock High Yield V.I. Fund                               | 811-23346         |
| iShares Managed Futures Active ETF-Aggregate                 | 811-23402         |
| BlackRock Sustainable Emerging Markets Equity Fund           | 811-02661         |
| iShares U.S. Intermediate Credit Bond Index Fund             | 811-05742         |
| BlackRock Advantage Large Cap Core Portfolio                 | 811-03091         |
| BlackRock LifePath Dynamic Retirement Fund                   | 811-07332         |
| BlackRock LifePath ESG Index 2060 Fund                       | 811-07332         |
| BlackRock LifePath Index 2065 Fund                           | 811-07332         |
| BlackRock Small Cap Index V.I. Fund                          | 811-03290         |
| BlackRock National Municipal Fund                            | 811-02688         |
| iShares Enhanced Roll Yield Index Fund                       | 811-05742         |
| iShares Health Innovation Active ETF                         | 811-23402         |
| BlackRock LifePath Dynamic 2045 Fund                         | 811-07332         |
| iShares Large Cap Deep Buffer ETF                            | 811-23511         |
| BlackRock LifePath Index 2050 Fund                           | 811-07332         |
| BlackRock U.S. Carbon Transition Readiness ETF               | 811-23402         |
| BlackRock High Equity Income Fund                            | 811-05742         |
| BlackRock LifePath ESG Index 2035 Fund                       | 811-07332         |
| BlackRock Equity Dividend Fund                               | 811-05178         |
| BATS: Series C Portfolio                                     | 811-21457         |
| BlackRock Strategic Global Bond Fund, Inc.                   | 811-05603         |
| iShares Large Cap Growth Active ETF                          | 811-23402         |
| iShares U.S. Intermediate Government Bond Index Fund         | 811-05742         |
| BlackRock Total Return Fund                                  | 811-02857         |
| BlackRock Allocation Target Shares: Series I Portfolio       | 811-21457         |
| BlackRock Advantage Small Cap Core Fund                      | 811-05742         |
| BlackRock Unconstrained Equity Fund                          | 811-21759         |
| BlackRock Global Allocation Portfolio                        | 811-03091         |
| BlackRock Low Duration Bond Portfolio                        | 811-23339         |
| BlackRock Income Fund                                        | 811-23339         |
| BlackRock Advantage Large Cap Value V.I. Fund                | 811-03290         |
| U.S. Total Bond Index Master Portfolio                       | 811-08162         |
| BlackRock Advantage SMID Cap V.I. Fund                       | 811-03290         |
| iShares AAA CLO Active ETF                                   | 811-23511         |
| iShares Total U.S. Stock Market Index Fund                   | 811-05742         |
| iShares International Country Rotation Active ETF            | 811-23402         |
| BlackRock Advantage Emerging Markets Fund                    | 811-05742         |
| iShares Advantage Large Cap Income ETF                       | 811-23402         |
| iShares Russell Small/Mid-Cap Index Fund                     | 811-05742         |
| BlackRock Multi-Asset Income Portfolio                       | 811-22061         |
| iShares Technology Opportunities Active ETF                  | 811-23402         |
| BlackRock LifePath ESG Index 2070 Fund                       | 811-07332         |
| BlackRock LifePath Index 2045 Fund                           | 811-07332         |
| BlackRock 40/60 Target Allocation Fund                       | 811-22061         |
| iShares Large Cap Moderate Buffer ETF                        | 811-23511         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

### Management Investment Record: 5 - iShares Short-Term California Muni Active ETF

**Item C.1. Background information.**

- **a. Full Name of the Fund:** iShares Short-Term California Muni Active ETF

- **b. Series identification number, if any:** S000080457

- **c. LEI:** 529900R8UUYH8SM2G094

- **d. Is this the first filing on this form by the Fund?:** No

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 0

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class                         | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | iShares Short-Term California Muni Active ETF | C000242862                                | CALI                         |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [x] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [ ] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** Yes

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

**c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:**

**Securities Lending Record: 1**

- **i. Full name of securities lending agent:** BlackRock Institutional Trust Company, National Association

- **ii. LEI, if any:** 549300RK1FB0VMTPD087

- **iii. Is the securities lending agent an affiliated person...?** Yes

- **iv. Does the securities lending agent... indemnify the Fund against borrower default?** Yes

- **v. If the entity providing the indemnification is not the securities lending agent, provide the following information:**

  **Idemnity Providers Record: 1**

  - **1. Name of person providing indemnification:** —

  - **2. LEI, if any:** —

- **vi. Did the Fund exercise its indemnification rights during the reporting period?** No

**d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:**

**Collateral Managers Record: 1**

- **i. Full name of cash collateral manager:** BlackRock Fund Advisors

- **ii. LEI, if any:** 549300YOOGP0Y1M95C20

- **iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund??** Yes

- **iv. Is the cash collateral manager an affiliated person of the Fund?** Yes

**e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):**

- [x] Revenue sharing split

- [ ] Fee-based revenue split (other than administrative fee)

- [ ] Administrative fee

- [x] Cash collateral reinvestment fee

- [ ] Indemnification fee

- [x] Other

- [ ] N/A

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** —

- **g. Provide the net income from securities lending activities:** —

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))

- Rule 17a-7 (17 CFR 270.17a-7)

- Rule 32a-4 (17 CFR 270.32a-4)

- Rule 18f-4(f)(17 CFR 270.18f-4(f))

- Rule 12d1-1 (17 CFR 270.12d1-1)

- Rule 18f-4 (17 CFR 270.18f-4)

- Rule 6c-11 (17 CFR 270.6c-11)

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** Yes

- **b. Were any expenses reduced or waived?** Yes

- **c. Are the fees waived subject to recoupment?** No

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** BlackRock Fund Advisors

- **ii. SEC file number:** 801-22609

- **iii. CRD number:** 000105247

- **iv. LEI, if any:** 549300YOOGP0Y1M95C20

- **v. State, if applicable:** CA

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. SEC file number:** 85-05003

- **iii. LEI, if any:** 571474TGEMMWANRLN572

- **iv. State, if applicable:** MA

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** No

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** Bloomberg L.P.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300B56MD0ZC402L06

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** London Stock Exchange Group PLC

- **ii. LEI, if any, or provide and describe other identifying number:** 213800QAUUUP6I445N30

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** S&P Global Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** Y6X4K52KMJMZE7I7MY94

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** ICE Data Services, Inc.

- **Description of other identifying number:** Tax ID

- **iii. State, if applicable:** GA

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 2**

- **i. Full name:** BNP Paribas Securities Corp.

- **ii. LEI, if any:** RCNB6OTYUAMMP879YW96

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6)

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

No Shareholder Servicing Agents reported.

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any, or other identifying number:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the administrator a sub-administrator?:** No

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

**Broker Dealers Record: 1**

- **a. Full name:** BlackRock Investments, LLC

- **b. SEC file number:** 8-48436

- **c. CRD number:** 000038642

- **d. LEI, if any:** 54930061FBHCKXL2G714

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Broker Dealers Record: 2**

- **a. Full name:** BlackRock Execution Services

- **b. SEC file number:** 8-48719

- **c. CRD number:** 000039438

- **d. LEI, if any:** 549300HFCRQ0NT5KY652

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Item C.16. Brokers.**

No Brokers reported.

**Item C.17.a. Principal transaction counterparties.**

| Name                                 | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| Loop Capital Markets LLC             | 8-50140           | 000043098    | 254900FPPM2WN90D4786 | IL      | US        | $5,614,334.00             |
| TD Securities (USA) LLC              | 8-36747           | 000018476    | SUVUFHICNZMP2WKHG940 | NY      | US        | $5,510,000.00             |
| Goldman Sachs & Co. LLC              | 8-129             | 000000361    | FOR8UP27PHTHYVLBNG30 | NY      | US        | $30,499,775.85            |
| BofA Securities, Inc.                | 8-69787           | 000283942    | 549300HN4UKV1E2R3U73 | NY      | US        | $26,867,339.95            |
| BlackRock Liquidity Funds - MuniCash | N/A               | N/A          | 549300RWBJ885673DL84 | DE      | US        | $31,547,212.70            |
| J.P. Morgan Securities LLC           | 8-35008           | 000000079    | ZBUT11V806EZRVTWT807 | NY      | US        | $83,681,410.00            |
| Wells Fargo Securities, LLC          | 8-65876           | 000126292    | VYVVCKR63DVZZN70PB21 | NC      | US        | $15,561,282.65            |
| Barclays Capital Inc.                | 8-41342           | 000019714    | AC28XWWI3WIBK2824319 | NY      | US        | $64,934,712.40            |
| RBC Capital Markets, LLC             | 8-45411           | 000031194    | 549300LCO2FLSSVFFR64 | NY      | US        | $13,573,187.45            |
| Morgan Stanley & Co. LLC             | 8-15869           | 000008209    | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $19,581,472.45            |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $332,995,094.90

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.a - Fund's monthly average net assets:** $64,245,951.06

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $1,750,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** Barclays Bank PLC

  - **Line Institutions Record: 2 Name of institution:** Mizuho Bank, Ltd.

  - **Line Institutions Record: 3 Name of institution:** Goldman Sachs Bank USA

  - **Line Institutions Record: 4 Name of institution:** Royal Bank of Canada

  - **Line Institutions Record: 5 Name of institution:** Bank of America, N.A.

  - **Line Institutions Record: 6 Name of institution:** The Bank of New York Mellon

  - **Line Institutions Record: 7 Name of institution:** Banco Bilbao Vizcaya Argentaria, S.A. New York Branch

  - **Line Institutions Record: 8 Name of institution:** The Toronto-Dominion Bank, New York Branch

  - **Line Institutions Record: 9 Name of institution:** MUFG Bank, Ltd.

  - **Line Institutions Record: 10 Name of institution:** Brown Brothers Harriman & Co.

  - **Line Institutions Record: 11 Name of institution:** BNP Paribas

  - **Line Institutions Record: 12 Name of institution:** State Street Bank and Trust Company

  - **Line Institutions Record: 13 Name of institution:** Morgan Stanley Bank, N.A.

  - **Line Institutions Record: 14 Name of institution:** Bank of Montreal

  - **Line Institutions Record: 15 Name of institution:** Deutsche Bank AG New York Branch

  - **Line Institutions Record: 16 Name of institution:** Citibank, N.A.

  - **Line Institutions Record: 17 Name of institution:** Standard Chartered Bank

  - **Line Institutions Record: 18 Name of institution:** Wells Fargo Bank, N.A.

  - **Line Institutions Record: 19 Name of institution:** Societe Generale

  - **Line Institutions Record: 20 Name of institution:** The Northern Trust Co.

  - **Line Institutions Record: 21 Name of institution:** JPMorgan Chase Bank, N.A.

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                                 | SEC File number   |
|:---|:---|
| BlackRock International Fund                                 | 811-08797         |
| BlackRock Sustainable High Yield Bond Fund                   | 811-23339         |
| iShares International Country Rotation Active ETF            | 811-23402         |
| BlackRock Credit Relative Value Fund                         | 811-23341         |
| Total International Ex U.S. Index Master Portfolio           | 811-08162         |
| BlackRock Sustainable Advantage International Equity Fund    | 811-05742         |
| iShares Russell Mid-Cap Index Fund                           | 811-05742         |
| BlackRock LifePath ESG Index 2055 Fund                       | 811-07332         |
| BlackRock Emerging Markets Fund, Inc.                        | 811-05723         |
| BlackRock World ex U.S. Carbon Transition Readiness ETF      | 811-23402         |
| BlackRock Basic Value V.I. Fund                              | 811-03290         |
| iShares U.S. Intermediate Government Bond Index Fund         | 811-05742         |
| iShares U.S. Long Credit Bond Index Fund                     | 811-05742         |
| BlackRock LifePath Dynamic 2065 Fund                         | 811-07332         |
| BlackRock Advantage Large Cap Value V.I. Fund                | 811-03290         |
| BlackRock Sustainable Total Return Fund                      | 811-02857         |
| BlackRock Large Cap Focus Growth V.I. Fund                   | 811-03290         |
| BlackRock Global Allocation V.I. Fund                        | 811-03290         |
| BlackRock U.S. Mortgage Portfolio                            | 811-23340         |
| BlackRock LifePath ESG Index 2060 Fund                       | 811-07332         |
| iShares U.S. Equity Factor Rotation Active ETF               | 811-23402         |
| BlackRock LifePath ESG Index 2040 Fund                       | 811-07332         |
| BlackRock LifePath Index 2055 Fund                           | 811-07332         |
| BlackRock Allocation Target Shares: Series I Portfolio       | 811-21457         |
| BlackRock Large Cap Focus Growth Fund, Inc.                  | 811-09651         |
| BlackRock Strategic Income Opportunities Portfolio           | 811-23339         |
| BlackRock LifePath ESG Index 2035 Fund                       | 811-07332         |
| BlackRock Pennsylvania Municipal Bond Fund                   | 811-04375         |
| BlackRock LifePath Dynamic 2055 Fund                         | 811-07332         |
| BlackRock Dynamic High Income Portfolio                      | 811-22061         |
| BlackRock Managed Volatility V.I. Fund                       | 811-03290         |
| BlackRock International V.I. Fund                            | 811-03290         |
| BlackRock U.S. Insights Long/Short Equity Fund               | 811-05742         |
| iShares Enhanced Short-Term Bond Active ETF                  | 811-23402         |
| BlackRock Advantage Small Cap Core Fund                      | 811-05742         |
| BATS: Series A Portfolio                                     | 811-21457         |
| BlackRock LifePath ESG Index 2030 Fund                       | 811-07332         |
| BlackRock Inflation Protected Bond Portfolio                 | 811-23339         |
| BlackRock Emerging Markets ex-China Fund                     | 811-05742         |
| BlackRock High Yield Portfolio                               | 811-23345         |
| BlackRock LifePath Dynamic Retirement Fund                   | 811-07332         |
| BlackRock Low Duration Bond Portfolio                        | 811-23339         |
| iShares Health Innovation Active ETF                         | 811-23402         |
| iShares International Dividend Active ETF                    | 811-23402         |
| iShares Technology Opportunities Active ETF                  | 811-23402         |
| iShares Large Cap Moderate Buffer ETF                        | 811-23511         |
| BlackRock GA Disciplined Volatility Equity Fund              | 811-21763         |
| iShares High Yield Muni Active ETF                           | 811-23511         |
| BlackRock LifePath Index 2070 Fund                           | 811-07332         |
| iShares Advantage Large Cap Income ETF                       | 811-23402         |
| BlackRock Advantage Large Cap Core Fund                      | 811-09637         |
| BlackRock Exchange Portfolio                                 | 811-05742         |
| BlackRock Mid-Cap Value Fund                                 | 811-07177         |
| iShares High Yield Active ETF                                | 811-23511         |
| BlackRock LifePath Dynamic 2030 Fund                         | 811-07332         |
| BlackRock Capital Appreciation Fund, Inc.                    | 811-06669         |
| iShares U.S. Thematic Rotation Active ETF                    | 811-23402         |
| iShares Short-Term TIPS Bond Index Fund                      | 811-05742         |
| BlackRock 60/40 Target Allocation ETF V.I. Fund              | 811-03290         |
| BlackRock Advantage Global Fund, Inc.                        | 811-07171         |
| iShares Large Cap Core Active ETF                            | 811-23402         |
| BlackRock Technology Opportunities Fund                      | 811-05742         |
| BlackRock LifePath Dynamic 2035 Fund                         | 811-07332         |
| BlackRock International Index V.I. Fund                      | 811-03290         |
| BlackRock High Equity Income Fund                            | 811-05742         |
| BlackRock Strategic Global Bond Fund, Inc.                   | 811-05603         |
| BlackRock Advantage SMID Cap Fund, Inc.                      | 811-02809         |
| BlackRock Managed Income Fund                                | 811-22061         |
| BATS: Series E Portfolio                                     | 811-21457         |
| iShares Intermediate Muni Income Active ETF                  | 811-23511         |
| BlackRock Income Fund                                        | 811-23339         |
| BATS: Series S Portfolio                                     | 811-21457         |
| BlackRock LifePath Index 2045 Fund                           | 811-07332         |
| BlackRock New Jersey Municipal Bond Fund                     | 811-04375         |
| BlackRock China A Opportunities Fund                         | 811-05742         |
| BlackRock Diversified Fixed Income Fund                      | 811-07332         |
| BlackRock Capital Appreciation V.I. Fund                     | 811-03290         |
| BlackRock Global Allocation Fund, Inc.                       | 811-05576         |
| BlackRock Balanced Fund, Inc.                                | 811-02405         |
| BlackRock Advantage Large Cap Growth Fund                    | 811-05742         |
| BlackRock LifePath Index 2030 Fund                           | 811-07332         |
| iShares A.I. Innovation and Tech Active ETF                  | 811-23402         |
| BlackRock S&P 500 Index V.I. Fund                            | 811-03290         |
| BlackRock LifePath Index Retirement Fund                     | 811-07332         |
| BATS: Series P Portfolio                                     | 811-21457         |
| BlackRock Advantage Large Cap Value Fund                     | 811-09637         |
| BlackRock Global Allocation Portfolio                        | 811-03091         |
| BlackRock Capital Appreciation Portfolio                     | 811-03091         |
| BlackRock Retirement Income 2040 Fund                        | 811-22061         |
| iShares FTSE NAREIT All Equity REIT Index Fund               | 811-05742         |
| BATS: Series C Portfolio                                     | 811-21457         |
| BlackRock New York Municipal Opportunities Fund              | 811-04375         |
| BlackRock Advantage Small Cap Growth Fund                    | 811-05742         |
| BlackRock LifePath Dynamic 2040 Fund                         | 811-07332         |
| iShares U.S. Industry Rotation Active ETF                    | 811-23402         |
| U.S. Total Bond Index Master Portfolio                       | 811-08162         |
| BlackRock Energy Opportunities Fund                          | 811-05742         |
| BlackRock LifePath ESG Index Retirement Fund                 | 811-07332         |
| iShares Enhanced Roll Yield Index Fund                       | 811-05742         |
| BlackRock Advantage Emerging Markets Fund                    | 811-05742         |
| BlackRock Core Bond Portfolio                                | 811-23339         |
| BlackRock Short Duration Muni Fund                           | 811-02688         |
| BlackRock LifePath ESG Index 2050 Fund                       | 811-07332         |
| BlackRock Sustainable Aware Advantage Global Equity Fund     | 811-05742         |
| iShares Total U.S. Stock Market Index Fund                   | 811-05742         |
| BlackRock Retirement Income 2030 Fund                        | 811-22061         |
| BlackRock Sustainable Advantage Large Cap Core Fund          | 811-05742         |
| BlackRock Sustainable Emerging Markets Equity Fund           | 811-02661         |
| iShares High Yield Muni Income Active ETF                    | 811-23511         |
| BlackRock Small Cap Index V.I. Fund                          | 811-03290         |
| BlackRock Advantage Large Cap Core V.I. Fund                 | 811-03290         |
| BlackRock LifePath Index 2065 Fund                           | 811-07332         |
| Large Cap Index Master Portfolio                             | 811-08162         |
| BlackRock 60/40 Target Allocation Fund                       | 811-22061         |
| BlackRock 80/20 Target Allocation Fund                       | 811-22061         |
| BlackRock International Select Equity Fund                   | 811-04612         |
| iShares Managed Futures Active ETF-Aggregate                 | 811-23402         |
| Diversified Equity Master Portfolio                          | 811-08162         |
| BlackRock Impact Mortgage Fund                               | 811-23339         |
| iShares Municipal Bond Index Fund                            | 811-05742         |
| BlackRock LifePath Dynamic 2070 Fund                         | 811-07332         |
| iShares Developed Real Estate Index Fund                     | 811-05742         |
| iShares Flexible Income Active ETF                           | 811-23511         |
| BlackRock LifePath Index 2050 Fund                           | 811-07332         |
| BlackRock Systematic Multi-Strategy Fund                     | 811-23341         |
| BlackRock 40/60 Target Allocation Fund                       | 811-22061         |
| BATS: Series M Portfolio                                     | 811-21457         |
| iShares BBB-B CLO Active ETF                                 | 811-23511         |
| BlackRock Short Obligations Fund                             | 811-05742         |
| BlackRock Multi-Asset Income Portfolio                       | 811-22061         |
| BlackRock Sustainable Advantage Emerging Markets Equity Fund | 811-05742         |
| iShares Russell Small/Mid-Cap Index Fund                     | 811-05742         |
| BlackRock Advantage SMID Cap V.I. Fund                       | 811-03290         |
| BlackRock LifePath Dynamic 2050 Fund                         | 811-07332         |
| BlackRock LifePath Index 2040 Fund                           | 811-07332         |
| iShares U.S. Select Equity Active ETF                        | 811-23402         |
| BlackRock Strategic Municipal Opportunities Fund             | 811-04802         |
| BlackRock LifePath ESG Index 2065 Fund                       | 811-07332         |
| International Tilts Master Portfolio                         | 811-08162         |
| BlackRock Balanced Portfolio                                 | 811-03091         |
| BlackRock LifePath Dynamic 2060 Fund                         | 811-07332         |
| Master Small Cap Index Series                                | 811-07885         |
| iShares U.S. Long Government Bond Index Fund                 | 811-05742         |
| BlackRock Global Dividend Portfolio                          | 811-22061         |
| BlackRock California Municipal Opportunities Fund            | 811-04264         |
| BATS: Series V Portfolio                                     | 811-21457         |
| Advantage CoreAlpha Bond Master Portfolio                    | 811-23343         |
| BlackRock Health Sciences Opportunities Portfolio            | 811-05742         |
| BlackRock LifePath Index 2060 Fund                           | 811-07332         |
| BlackRock Commodity Strategies Fund                          | 811-05742         |
| BlackRock Total Return Fund                                  | 811-02857         |
| BlackRock High Yield V.I. Fund                               | 811-23346         |
| iShares Large Cap Value Active ETF                           | 811-23402         |
| BlackRock Equity Dividend V.I. Fund                          | 811-03290         |
| BlackRock Impact Municipal Fund                              | 811-02688         |
| iShares MSCI EAFE International Index Fund                   | 811-07899         |
| S&P 500 Index Master Portfolio                               | 811-08162         |
| BlackRock U.S. Carbon Transition Readiness ETF               | 811-23402         |
| BlackRock LifePath Index 2035 Fund                           | 811-07332         |
| iShares FinTech Active ETF                                   | 811-23402         |
| BlackRock Defensive Advantage Emerging Markets Fund          | 811-05742         |
| BlackRock Global Equity Market Neutral Fund                  | 811-05742         |
| BlackRock Advantage International Fund                       | 811-05742         |
| BlackRock 20/80 Target Allocation Fund                       | 811-22061         |
| BlackRock Event Driven Equity Fund                           | 811-09637         |
| BlackRock Mid-Cap Growth Equity Portfolio                    | 811-05742         |
| BlackRock Mortgage-Backed Securities Fund                    | 811-23339         |
| iShares U.S. Securitized Bond Index Fund                     | 811-05742         |
| BlackRock Real Estate Securities Fund                        | 811-05742         |
| iShares AAA CLO Active ETF                                   | 811-23511         |
| iShares Large Cap Deep Buffer ETF                            | 811-23511         |
| BlackRock High Yield Portfolio                               | 811-23339         |
| BlackRock Floating Rate Income Portfolio                     | 811-23339         |
| BlackRock LifePath ESG Index 2045 Fund                       | 811-07332         |
| BlackRock Natural Resources Trust                            | 811-04282         |
| iShares Large Cap Growth Active ETF                          | 811-23402         |
| BlackRock LifePath ESG Index 2070 Fund                       | 811-07332         |
| BlackRock Tactical Opportunities Fund                        | 811-05742         |
| BlackRock Large Cap Focus Value Fund, Inc.                   | 811-02739         |
| BlackRock Equity Dividend Fund                               | 811-05178         |
| BlackRock LifePath Dynamic 2045 Fund                         | 811-07332         |
| BlackRock Total Return V.I. Fund                             | 811-23346         |
| BlackRock Unconstrained Equity Fund                          | 811-21759         |
| BlackRock GA Dynamic Equity Fund                             | 811-21763         |
| iShares U.S. Intermediate Credit Bond Index Fund             | 811-05742         |
| iShares Total Return Active ETF                              | 811-23511         |
| iShares Floating Rate Loan Active ETF                        | 811-23511         |
| BlackRock National Municipal Fund                            | 811-02688         |
| BlackRock Advantage Large Cap Core Portfolio                 | 811-03091         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

### Management Investment Record: 6 - iShares Intermediate Muni Income Active ETF

**Item C.1. Background information.**

- **a. Full Name of the Fund:** iShares Intermediate Muni Income Active ETF

- **b. Series identification number, if any:** S000070976

- **c. LEI:** 549300VXGQ30Q3P8YF70

- **d. Is this the first filing on this form by the Fund?:** No

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 0

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class                       | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | iShares Intermediate Muni Income Active ETF | C000225367                                | INMU                         |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [x] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [ ] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** Yes

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

**c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:**

**Securities Lending Record: 1**

- **i. Full name of securities lending agent:** BlackRock Institutional Trust Company, National Association

- **ii. LEI, if any:** 549300RK1FB0VMTPD087

- **iii. Is the securities lending agent an affiliated person...?** Yes

- **iv. Does the securities lending agent... indemnify the Fund against borrower default?** Yes

- **v. If the entity providing the indemnification is not the securities lending agent, provide the following information:**

  **Idemnity Providers Record: 1**

  - **1. Name of person providing indemnification:** —

  - **2. LEI, if any:** —

- **vi. Did the Fund exercise its indemnification rights during the reporting period?** No

**d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:**

**Collateral Managers Record: 1**

- **i. Full name of cash collateral manager:** BlackRock Fund Advisors

- **ii. LEI, if any:** 549300YOOGP0Y1M95C20

- **iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund??** Yes

- **iv. Is the cash collateral manager an affiliated person of the Fund?** Yes

**e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):**

- [x] Revenue sharing split

- [ ] Fee-based revenue split (other than administrative fee)

- [ ] Administrative fee

- [x] Cash collateral reinvestment fee

- [ ] Indemnification fee

- [x] Other

- [ ] N/A

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** —

- **g. Provide the net income from securities lending activities:** —

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 18f-4(f)(17 CFR 270.18f-4(f))

- Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))

- Rule 18f-4 (17 CFR 270.18f-4)

- Rule 12d1-1 (17 CFR 270.12d1-1)

- Rule 6c-11 (17 CFR 270.6c-11)

- Rule 12d1-4 (17 CFR 270.12d1-4)

- Rule 32a-4 (17 CFR 270.32a-4)

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** Yes

- **b. Were any expenses reduced or waived?** Yes

- **c. Are the fees waived subject to recoupment?** No

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** BlackRock Fund Advisors

- **ii. SEC file number:** 801-22609

- **iii. CRD number:** 000105247

- **iv. LEI, if any:** 549300YOOGP0Y1M95C20

- **v. State, if applicable:** CA

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. SEC file number:** 85-05003

- **iii. LEI, if any:** 571474TGEMMWANRLN572

- **iv. State, if applicable:** MA

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** No

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** Bloomberg L.P.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300B56MD0ZC402L06

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** S&P Global Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** Y6X4K52KMJMZE7I7MY94

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** ICE Data Services, Inc.

- **Description of other identifying number:** Tax ID

- **iii. State, if applicable:** GA

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** London Stock Exchange Group PLC

- **ii. LEI, if any, or provide and describe other identifying number:** 213800QAUUUP6I445N30

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

No Shareholder Servicing Agents reported.

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any, or other identifying number:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the administrator a sub-administrator?:** No

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

**Broker Dealers Record: 1**

- **a. Full name:** BlackRock Execution Services

- **b. SEC file number:** 8-48719

- **c. CRD number:** 000039438

- **d. LEI, if any:** 549300HFCRQ0NT5KY652

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Broker Dealers Record: 2**

- **a. Full name:** BlackRock Investments, LLC

- **b. SEC file number:** 8-48436

- **c. CRD number:** 000038642

- **d. LEI, if any:** 54930061FBHCKXL2G714

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Item C.16. Brokers.**

No Brokers reported.

**Item C.17.a. Principal transaction counterparties.**

| Name                                 | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| Wells Fargo Securities, LLC          | 8-65876           | 000126292    | VYVVCKR63DVZZN70PB21 | NC      | US        | $21,667,523.00            |
| Morgan Stanley & Co. LLC             | 8-15869           | 000008209    | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $12,009,769.10            |
| J.P. Morgan Securities LLC           | 8-35008           | 000000079    | ZBUT11V806EZRVTWT807 | NY      | US        | $16,200,277.30            |
| BlackRock Liquidity Funds - MuniCash | N/A               | N/A          | 549300RWBJ885673DL84 | DE      | US        | $163,477,723.51           |
| RBC Capital Markets, LLC             | 8-45411           | 000031194    | 549300LCO2FLSSVFFR64 | NY      | US        | $8,553,788.45             |
| TD Securities Automated Trading LLC  | N/A               | N/A          | 549300KWRNDIITFG5S11 | IL      | US        | $7,297,679.95             |
| TMC Bonds L.L.C.                     | 8-52951           | 000104507    | 254900IU6VEB33AMKU93 | NY      | US        | $8,853,964.30             |
| Goldman Sachs & Co. LLC              | 8-129             | 000000361    | FOR8UP27PHTHYVLBNG30 | NY      | US        | $10,726,587.55            |
| BofA Securities, Inc.                | 8-69787           | 000283942    | 549300HN4UKV1E2R3U73 | NY      | US        | $12,848,955.40            |
| Raymond James & Associates, Inc.     | 8-10999           | 000000705    | U4ONQX15J3RO8XCKE979 | FL      | US        | $6,018,044.60             |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $331,182,807.81

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.a - Fund's monthly average net assets:** $54,105,076.29

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $1,750,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** Bank of America, N.A.

  - **Line Institutions Record: 2 Name of institution:** The Bank of New York Mellon

  - **Line Institutions Record: 3 Name of institution:** The Toronto-Dominion Bank, New York Branch

  - **Line Institutions Record: 4 Name of institution:** State Street Bank and Trust Company

  - **Line Institutions Record: 5 Name of institution:** MUFG Bank, Ltd.

  - **Line Institutions Record: 6 Name of institution:** Goldman Sachs Bank USA

  - **Line Institutions Record: 7 Name of institution:** Royal Bank of Canada

  - **Line Institutions Record: 8 Name of institution:** Wells Fargo Bank, N.A.

  - **Line Institutions Record: 9 Name of institution:** Bank of Montreal

  - **Line Institutions Record: 10 Name of institution:** BNP Paribas

  - **Line Institutions Record: 11 Name of institution:** Standard Chartered Bank

  - **Line Institutions Record: 12 Name of institution:** The Northern Trust Co.

  - **Line Institutions Record: 13 Name of institution:** Deutsche Bank AG New York Branch

  - **Line Institutions Record: 14 Name of institution:** Barclays Bank PLC

  - **Line Institutions Record: 15 Name of institution:** Morgan Stanley Bank, N.A.

  - **Line Institutions Record: 16 Name of institution:** Societe Generale

  - **Line Institutions Record: 17 Name of institution:** Brown Brothers Harriman & Co.

  - **Line Institutions Record: 18 Name of institution:** Banco Bilbao Vizcaya Argentaria, S.A. New York Branch

  - **Line Institutions Record: 19 Name of institution:** Citibank, N.A.

  - **Line Institutions Record: 20 Name of institution:** JPMorgan Chase Bank, N.A.

  - **Line Institutions Record: 21 Name of institution:** Mizuho Bank, Ltd.

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                                 | SEC File number   |
|:---|:---|
| Total International Ex U.S. Index Master Portfolio           | 811-08162         |
| BlackRock High Yield V.I. Fund                               | 811-23346         |
| BlackRock LifePath Dynamic 2055 Fund                         | 811-07332         |
| BlackRock Multi-Asset Income Portfolio                       | 811-22061         |
| BlackRock Large Cap Focus Growth V.I. Fund                   | 811-03290         |
| BlackRock Core Bond Portfolio                                | 811-23339         |
| BlackRock New York Municipal Opportunities Fund              | 811-04375         |
| iShares Short-Term TIPS Bond Index Fund                      | 811-05742         |
| BlackRock LifePath Dynamic 2065 Fund                         | 811-07332         |
| BlackRock Advantage SMID Cap V.I. Fund                       | 811-03290         |
| BlackRock LifePath ESG Index 2035 Fund                       | 811-07332         |
| iShares High Yield Active ETF                                | 811-23511         |
| BlackRock LifePath Index 2045 Fund                           | 811-07332         |
| BATS: Series E Portfolio                                     | 811-21457         |
| BlackRock High Yield Portfolio                               | 811-23339         |
| BlackRock U.S. Carbon Transition Readiness ETF               | 811-23402         |
| BlackRock U.S. Insights Long/Short Equity Fund               | 811-05742         |
| iShares U.S. Thematic Rotation Active ETF                    | 811-23402         |
| BlackRock 60/40 Target Allocation Fund                       | 811-22061         |
| iShares U.S. Long Government Bond Index Fund                 | 811-05742         |
| BATS: Series P Portfolio                                     | 811-21457         |
| iShares U.S. Long Credit Bond Index Fund                     | 811-05742         |
| BlackRock New Jersey Municipal Bond Fund                     | 811-04375         |
| BlackRock Advantage Global Fund, Inc.                        | 811-07171         |
| BlackRock Sustainable Emerging Markets Equity Fund           | 811-02661         |
| BlackRock Basic Value V.I. Fund                              | 811-03290         |
| BlackRock LifePath ESG Index 2055 Fund                       | 811-07332         |
| BATS: Series A Portfolio                                     | 811-21457         |
| iShares Large Cap Deep Buffer ETF                            | 811-23511         |
| iShares BBB-B CLO Active ETF                                 | 811-23511         |
| iShares Short-Term California Muni Active ETF                | 811-23511         |
| S&P 500 Index Master Portfolio                               | 811-08162         |
| BlackRock 40/60 Target Allocation Fund                       | 811-22061         |
| BlackRock Floating Rate Income Portfolio                     | 811-23339         |
| BlackRock Real Estate Securities Fund                        | 811-05742         |
| BlackRock LifePath ESG Index 2040 Fund                       | 811-07332         |
| BlackRock International Fund                                 | 811-08797         |
| iShares Total Return Active ETF                              | 811-23511         |
| BlackRock Global Allocation Portfolio                        | 811-03091         |
| iShares U.S. Intermediate Credit Bond Index Fund             | 811-05742         |
| BlackRock LifePath Dynamic 2035 Fund                         | 811-07332         |
| BlackRock Small Cap Index V.I. Fund                          | 811-03290         |
| BlackRock LifePath Dynamic 2030 Fund                         | 811-07332         |
| BlackRock High Yield Portfolio                               | 811-23345         |
| BlackRock Mortgage-Backed Securities Fund                    | 811-23339         |
| BlackRock Total Return V.I. Fund                             | 811-23346         |
| BlackRock Advantage Large Cap Core Portfolio                 | 811-03091         |
| BlackRock Emerging Markets Fund, Inc.                        | 811-05723         |
| Advantage CoreAlpha Bond Master Portfolio                    | 811-23343         |
| U.S. Total Bond Index Master Portfolio                       | 811-08162         |
| International Tilts Master Portfolio                         | 811-08162         |
| BlackRock Advantage Emerging Markets Fund                    | 811-05742         |
| iShares Enhanced Short-Term Bond Active ETF                  | 811-23402         |
| BlackRock Impact Mortgage Fund                               | 811-23339         |
| BlackRock LifePath ESG Index 2050 Fund                       | 811-07332         |
| BlackRock Balanced Fund, Inc.                                | 811-02405         |
| BlackRock LifePath Dynamic 2050 Fund                         | 811-07332         |
| BlackRock LifePath ESG Index Retirement Fund                 | 811-07332         |
| BlackRock Impact Municipal Fund                              | 811-02688         |
| iShares Flexible Income Active ETF                           | 811-23511         |
| BlackRock International Select Equity Fund                   | 811-04612         |
| BlackRock Emerging Markets ex-China Fund                     | 811-05742         |
| iShares U.S. Intermediate Government Bond Index Fund         | 811-05742         |
| BlackRock Commodity Strategies Fund                          | 811-05742         |
| BlackRock Defensive Advantage Emerging Markets Fund          | 811-05742         |
| BlackRock LifePath ESG Index 2060 Fund                       | 811-07332         |
| iShares Large Cap Value Active ETF                           | 811-23402         |
| BlackRock LifePath Dynamic 2040 Fund                         | 811-07332         |
| iShares Managed Futures Active ETF-Aggregate                 | 811-23402         |
| BlackRock Global Allocation Fund, Inc.                       | 811-05576         |
| BlackRock Diversified Fixed Income Fund                      | 811-07332         |
| BlackRock Advantage Large Cap Core Fund                      | 811-09637         |
| BlackRock LifePath Dynamic 2060 Fund                         | 811-07332         |
| iShares Russell Mid-Cap Index Fund                           | 811-05742         |
| BlackRock Income Fund                                        | 811-23339         |
| BlackRock Mid-Cap Value Fund                                 | 811-07177         |
| BlackRock Advantage Large Cap Value Fund                     | 811-09637         |
| iShares U.S. Industry Rotation Active ETF                    | 811-23402         |
| iShares Technology Opportunities Active ETF                  | 811-23402         |
| BATS: Series M Portfolio                                     | 811-21457         |
| BlackRock National Municipal Fund                            | 811-02688         |
| BlackRock Sustainable High Yield Bond Fund                   | 811-23339         |
| BlackRock Strategic Global Bond Fund, Inc.                   | 811-05603         |
| BlackRock LifePath Index 2040 Fund                           | 811-07332         |
| iShares Health Innovation Active ETF                         | 811-23402         |
| BlackRock World ex U.S. Carbon Transition Readiness ETF      | 811-23402         |
| iShares International Dividend Active ETF                    | 811-23402         |
| iShares Large Cap Growth Active ETF                          | 811-23402         |
| Diversified Equity Master Portfolio                          | 811-08162         |
| BlackRock 80/20 Target Allocation Fund                       | 811-22061         |
| BlackRock Unconstrained Equity Fund                          | 811-21759         |
| BlackRock Technology Opportunities Fund                      | 811-05742         |
| BlackRock Retirement Income 2040 Fund                        | 811-22061         |
| iShares Municipal Bond Index Fund                            | 811-05742         |
| BlackRock Sustainable Aware Advantage Global Equity Fund     | 811-05742         |
| BlackRock Advantage Small Cap Growth Fund                    | 811-05742         |
| BlackRock Advantage Large Cap Growth Fund                    | 811-05742         |
| iShares A.I. Innovation and Tech Active ETF                  | 811-23402         |
| BlackRock Health Sciences Opportunities Portfolio            | 811-05742         |
| BlackRock 60/40 Target Allocation ETF V.I. Fund              | 811-03290         |
| BlackRock Dynamic High Income Portfolio                      | 811-22061         |
| BlackRock LifePath ESG Index 2065 Fund                       | 811-07332         |
| iShares FTSE NAREIT All Equity REIT Index Fund               | 811-05742         |
| BlackRock Sustainable Advantage International Equity Fund    | 811-05742         |
| BlackRock Large Cap Focus Growth Fund, Inc.                  | 811-09651         |
| BlackRock Sustainable Advantage Large Cap Core Fund          | 811-05742         |
| BlackRock Strategic Income Opportunities Portfolio           | 811-23339         |
| BlackRock Capital Appreciation Portfolio                     | 811-03091         |
| BlackRock LifePath Index 2030 Fund                           | 811-07332         |
| BlackRock LifePath ESG Index 2045 Fund                       | 811-07332         |
| iShares MSCI EAFE International Index Fund                   | 811-07899         |
| iShares High Yield Muni Active ETF                           | 811-23511         |
| BlackRock Total Return Fund                                  | 811-02857         |
| BlackRock Sustainable Advantage Emerging Markets Equity Fund | 811-05742         |
| BlackRock LifePath ESG Index 2030 Fund                       | 811-07332         |
| BATS: Series S Portfolio                                     | 811-21457         |
| BlackRock Retirement Income 2030 Fund                        | 811-22061         |
| BlackRock Credit Relative Value Fund                         | 811-23341         |
| BlackRock LifePath ESG Index 2070 Fund                       | 811-07332         |
| BlackRock LifePath Index 2035 Fund                           | 811-07332         |
| BlackRock LifePath Index 2050 Fund                           | 811-07332         |
| Large Cap Index Master Portfolio                             | 811-08162         |
| BlackRock High Equity Income Fund                            | 811-05742         |
| BlackRock International Index V.I. Fund                      | 811-03290         |
| BlackRock LifePath Dynamic 2070 Fund                         | 811-07332         |
| iShares Large Cap Core Active ETF                            | 811-23402         |
| BlackRock Global Allocation V.I. Fund                        | 811-03290         |
| BlackRock GA Disciplined Volatility Equity Fund              | 811-21763         |
| BlackRock Systematic Multi-Strategy Fund                     | 811-23341         |
| BlackRock S&P 500 Index V.I. Fund                            | 811-03290         |
| BlackRock California Municipal Opportunities Fund            | 811-04264         |
| BlackRock Capital Appreciation Fund, Inc.                    | 811-06669         |
| BlackRock Inflation Protected Bond Portfolio                 | 811-23339         |
| BlackRock Managed Volatility V.I. Fund                       | 811-03290         |
| BlackRock Natural Resources Trust                            | 811-04282         |
| iShares Large Cap Moderate Buffer ETF                        | 811-23511         |
| BlackRock Equity Dividend V.I. Fund                          | 811-03290         |
| BlackRock 20/80 Target Allocation Fund                       | 811-22061         |
| iShares U.S. Equity Factor Rotation Active ETF               | 811-23402         |
| BlackRock GA Dynamic Equity Fund                             | 811-21763         |
| BlackRock LifePath Index 2060 Fund                           | 811-07332         |
| BlackRock Energy Opportunities Fund                          | 811-05742         |
| BlackRock Advantage Large Cap Core V.I. Fund                 | 811-03290         |
| BlackRock Pennsylvania Municipal Bond Fund                   | 811-04375         |
| BATS: Series V Portfolio                                     | 811-21457         |
| BlackRock Advantage Small Cap Core Fund                      | 811-05742         |
| BlackRock China A Opportunities Fund                         | 811-05742         |
| BlackRock LifePath Dynamic Retirement Fund                   | 811-07332         |
| BlackRock Strategic Municipal Opportunities Fund             | 811-04802         |
| iShares International Country Rotation Active ETF            | 811-23402         |
| BlackRock LifePath Index 2055 Fund                           | 811-07332         |
| BlackRock Short Duration Muni Fund                           | 811-02688         |
| BlackRock LifePath Index Retirement Fund                     | 811-07332         |
| BlackRock U.S. Mortgage Portfolio                            | 811-23340         |
| BATS: Series C Portfolio                                     | 811-21457         |
| BlackRock Event Driven Equity Fund                           | 811-09637         |
| BlackRock Advantage International Fund                       | 811-05742         |
| BlackRock Advantage Large Cap Value V.I. Fund                | 811-03290         |
| iShares High Yield Muni Income Active ETF                    | 811-23511         |
| iShares Total U.S. Stock Market Index Fund                   | 811-05742         |
| BlackRock Advantage SMID Cap Fund, Inc.                      | 811-02809         |
| BlackRock Capital Appreciation V.I. Fund                     | 811-03290         |
| BlackRock Short Obligations Fund                             | 811-05742         |
| iShares AAA CLO Active ETF                                   | 811-23511         |
| iShares U.S. Select Equity Active ETF                        | 811-23402         |
| iShares Floating Rate Loan Active ETF                        | 811-23511         |
| BlackRock Low Duration Bond Portfolio                        | 811-23339         |
| iShares FinTech Active ETF                                   | 811-23402         |
| iShares U.S. Securitized Bond Index Fund                     | 811-05742         |
| iShares Advantage Large Cap Income ETF                       | 811-23402         |
| BlackRock Exchange Portfolio                                 | 811-05742         |
| BlackRock Large Cap Focus Value Fund, Inc.                   | 811-02739         |
| BlackRock LifePath Index 2070 Fund                           | 811-07332         |
| BlackRock LifePath Dynamic 2045 Fund                         | 811-07332         |
| BlackRock Global Dividend Portfolio                          | 811-22061         |
| iShares Russell Small/Mid-Cap Index Fund                     | 811-05742         |
| Master Small Cap Index Series                                | 811-07885         |
| BlackRock Global Equity Market Neutral Fund                  | 811-05742         |
| BlackRock Sustainable Total Return Fund                      | 811-02857         |
| iShares Developed Real Estate Index Fund                     | 811-05742         |
| BlackRock International V.I. Fund                            | 811-03290         |
| BlackRock Mid-Cap Growth Equity Portfolio                    | 811-05742         |
| BlackRock Managed Income Fund                                | 811-22061         |
| iShares Enhanced Roll Yield Index Fund                       | 811-05742         |
| BlackRock Allocation Target Shares: Series I Portfolio       | 811-21457         |
| BlackRock Balanced Portfolio                                 | 811-03091         |
| BlackRock Tactical Opportunities Fund                        | 811-05742         |
| BlackRock LifePath Index 2065 Fund                           | 811-07332         |
| BlackRock Equity Dividend Fund                               | 811-05178         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

### Management Investment Record: 7 - iShares Short Duration High Yield Muni Active ETF

**Item C.1. Background information.**

- **a. Full Name of the Fund:** iShares Short Duration High Yield Muni Active ETF

- **b. Series identification number, if any:** S000068548

- **c. LEI:** 5493005TMJR1Y0YIG732

- **d. Is this the first filing on this form by the Fund?:** No

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 0

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class                             | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | iShares Short Duration High Yield Muni Active ETF | C000219258                                | SHYM                         |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [x] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [ ] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** Yes

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

**c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:**

**Securities Lending Record: 1**

- **i. Full name of securities lending agent:** BlackRock Institutional Trust Company, National Association

- **ii. LEI, if any:** 549300RK1FB0VMTPD087

- **iii. Is the securities lending agent an affiliated person...?** Yes

- **iv. Does the securities lending agent... indemnify the Fund against borrower default?** Yes

- **v. If the entity providing the indemnification is not the securities lending agent, provide the following information:**

  **Idemnity Providers Record: 1**

  - **1. Name of person providing indemnification:** —

  - **2. LEI, if any:** —

- **vi. Did the Fund exercise its indemnification rights during the reporting period?** No

**d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:**

**Collateral Managers Record: 1**

- **i. Full name of cash collateral manager:** BlackRock Fund Advisors

- **ii. LEI, if any:** 549300YOOGP0Y1M95C20

- **iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund??** Yes

- **iv. Is the cash collateral manager an affiliated person of the Fund?** Yes

**e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):**

- [x] Revenue sharing split

- [ ] Fee-based revenue split (other than administrative fee)

- [ ] Administrative fee

- [x] Cash collateral reinvestment fee

- [ ] Indemnification fee

- [x] Other

- [ ] N/A

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** —

- **g. Provide the net income from securities lending activities:** —

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 6c-11 (17 CFR 270.6c-11)

- Rule 32a-4 (17 CFR 270.32a-4)

- Rule 18f-4(f)(17 CFR 270.18f-4(f))

- Rule 18f-4 (17 CFR 270.18f-4)

- Rule 12d1-4 (17 CFR 270.12d1-4)

- Rule 12d1-1 (17 CFR 270.12d1-1)

- Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** Yes

- **b. Were any expenses reduced or waived?** Yes

- **c. Are the fees waived subject to recoupment?** No

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** BlackRock Fund Advisors

- **ii. SEC file number:** 801-22609

- **iii. CRD number:** 000105247

- **iv. LEI, if any:** 549300YOOGP0Y1M95C20

- **v. State, if applicable:** CA

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. SEC file number:** 85-05003

- **iii. LEI, if any:** 571474TGEMMWANRLN572

- **iv. State, if applicable:** MA

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** No

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** S&P Global Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** Y6X4K52KMJMZE7I7MY94

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** London Stock Exchange Group PLC

- **ii. LEI, if any, or provide and describe other identifying number:** 213800QAUUUP6I445N30

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** Bloomberg L.P.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300B56MD0ZC402L06

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** ICE Data Services, Inc.

- **Description of other identifying number:** Tax ID

- **iii. State, if applicable:** GA

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

No Shareholder Servicing Agents reported.

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any, or other identifying number:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the administrator a sub-administrator?:** No

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

**Broker Dealers Record: 1**

- **a. Full name:** BlackRock Execution Services

- **b. SEC file number:** 8-48719

- **c. CRD number:** 000039438

- **d. LEI, if any:** 549300HFCRQ0NT5KY652

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Broker Dealers Record: 2**

- **a. Full name:** BlackRock Investments, LLC

- **b. SEC file number:** 8-48436

- **c. CRD number:** 000038642

- **d. LEI, if any:** 54930061FBHCKXL2G714

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Item C.16. Brokers.**

No Brokers reported.

**Item C.17.a. Principal transaction counterparties.**

| Name                                     | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| Piper Sandler & Co.                      | 8-15204           | 000000665    | 549300GRQCWQ3XGH0H10 | MN      | US        | $19,899,064.45            |
| Goldman Sachs & Co. LLC                  | 8-129             | 000000361    | FOR8UP27PHTHYVLBNG30 | NY      | US        | $23,174,187.50            |
| MBS Capital Markets, LLC                 | 8-68690           | 000155065    |  | FL      | US        | $15,131,248.70            |
| Wells Fargo Securities, LLC              | 8-65876           | 000126292    | VYVVCKR63DVZZN70PB21 | NC      | US        | $25,099,015.95            |
| BlackRock Liquidity Funds - MuniCash     | N/A               | N/A          | 549300RWBJ885673DL84 | DE      | US        | $470,048,799.71           |
| Stifel, Nicolaus & Company, Incorporated | 8-1447            | 000000793    | 5WUVMA08EYG4KEUPW589 | MO      | US        | $27,117,288.18            |
| RBC Capital Markets, LLC                 | 8-45411           | 000031194    | 549300LCO2FLSSVFFR64 | NY      | US        | $21,045,362.70            |
| J.P. Morgan Securities LLC               | 8-35008           | 000000079    | ZBUT11V806EZRVTWT807 | NY      | US        | $57,447,009.80            |
| FMSbonds, Inc.                           | 8-23280           | 000007793    | 549300TUTBK58NSF2517 | FL      | US        | $76,910,453.33            |
| BofA Securities, Inc.                    | 8-69787           | 000283942    | 549300HN4UKV1E2R3U73 | NY      | US        | $48,790,723.37            |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $889,542,601.62

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.a - Fund's monthly average net assets:** $271,008,822.18

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $1,750,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** Bank of America, N.A.

  - **Line Institutions Record: 2 Name of institution:** Citibank, N.A.

  - **Line Institutions Record: 3 Name of institution:** Brown Brothers Harriman & Co.

  - **Line Institutions Record: 4 Name of institution:** Standard Chartered Bank

  - **Line Institutions Record: 5 Name of institution:** Societe Generale

  - **Line Institutions Record: 6 Name of institution:** Barclays Bank PLC

  - **Line Institutions Record: 7 Name of institution:** BNP Paribas

  - **Line Institutions Record: 8 Name of institution:** Wells Fargo Bank, N.A.

  - **Line Institutions Record: 9 Name of institution:** MUFG Bank, Ltd.

  - **Line Institutions Record: 10 Name of institution:** The Bank of New York Mellon

  - **Line Institutions Record: 11 Name of institution:** Morgan Stanley Bank, N.A.

  - **Line Institutions Record: 12 Name of institution:** Deutsche Bank AG New York Branch

  - **Line Institutions Record: 13 Name of institution:** Bank of Montreal

  - **Line Institutions Record: 14 Name of institution:** JPMorgan Chase Bank, N.A.

  - **Line Institutions Record: 15 Name of institution:** State Street Bank and Trust Company

  - **Line Institutions Record: 16 Name of institution:** Royal Bank of Canada

  - **Line Institutions Record: 17 Name of institution:** The Toronto-Dominion Bank, New York Branch

  - **Line Institutions Record: 18 Name of institution:** Banco Bilbao Vizcaya Argentaria, S.A. New York Branch

  - **Line Institutions Record: 19 Name of institution:** Goldman Sachs Bank USA

  - **Line Institutions Record: 20 Name of institution:** The Northern Trust Co.

  - **Line Institutions Record: 21 Name of institution:** Mizuho Bank, Ltd.

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                                 | SEC File number   |
|:---|:---|
| BlackRock 20/80 Target Allocation Fund                       | 811-22061         |
| BlackRock Advantage Large Cap Growth Fund                    | 811-05742         |
| S&P 500 Index Master Portfolio                               | 811-08162         |
| BlackRock LifePath ESG Index 2070 Fund                       | 811-07332         |
| iShares Developed Real Estate Index Fund                     | 811-05742         |
| iShares U.S. Securitized Bond Index Fund                     | 811-05742         |
| BlackRock Total Return Fund                                  | 811-02857         |
| BlackRock Capital Appreciation Portfolio                     | 811-03091         |
| BlackRock GA Disciplined Volatility Equity Fund              | 811-21763         |
| iShares Total U.S. Stock Market Index Fund                   | 811-05742         |
| BlackRock Advantage SMID Cap V.I. Fund                       | 811-03290         |
| iShares Short-Term TIPS Bond Index Fund                      | 811-05742         |
| BlackRock Balanced Fund, Inc.                                | 811-02405         |
| BlackRock LifePath Dynamic 2050 Fund                         | 811-07332         |
| Advantage CoreAlpha Bond Master Portfolio                    | 811-23343         |
| iShares Russell Small/Mid-Cap Index Fund                     | 811-05742         |
| BlackRock Managed Income Fund                                | 811-22061         |
| BATS: Series P Portfolio                                     | 811-21457         |
| Master Small Cap Index Series                                | 811-07885         |
| iShares Large Cap Core Active ETF                            | 811-23402         |
| BlackRock Balanced Portfolio                                 | 811-03091         |
| BlackRock Health Sciences Opportunities Portfolio            | 811-05742         |
| BlackRock Global Dividend Portfolio                          | 811-22061         |
| iShares Floating Rate Loan Active ETF                        | 811-23511         |
| BlackRock U.S. Mortgage Portfolio                            | 811-23340         |
| BlackRock S&P 500 Index V.I. Fund                            | 811-03290         |
| BlackRock LifePath ESG Index 2060 Fund                       | 811-07332         |
| BlackRock Inflation Protected Bond Portfolio                 | 811-23339         |
| BlackRock California Municipal Opportunities Fund            | 811-04264         |
| BlackRock Large Cap Focus Growth V.I. Fund                   | 811-03290         |
| iShares Technology Opportunities Active ETF                  | 811-23402         |
| iShares Health Innovation Active ETF                         | 811-23402         |
| BlackRock Short Duration Muni Fund                           | 811-02688         |
| iShares Managed Futures Active ETF-Aggregate                 | 811-23402         |
| BlackRock Floating Rate Income Portfolio                     | 811-23339         |
| BlackRock Multi-Asset Income Portfolio                       | 811-22061         |
| BlackRock LifePath Index 2070 Fund                           | 811-07332         |
| BlackRock Core Bond Portfolio                                | 811-23339         |
| BATS: Series C Portfolio                                     | 811-21457         |
| BlackRock Unconstrained Equity Fund                          | 811-21759         |
| BlackRock 40/60 Target Allocation Fund                       | 811-22061         |
| iShares High Yield Muni Active ETF                           | 811-23511         |
| BlackRock World ex U.S. Carbon Transition Readiness ETF      | 811-23402         |
| iShares Enhanced Roll Yield Index Fund                       | 811-05742         |
| BlackRock Commodity Strategies Fund                          | 811-05742         |
| BlackRock U.S. Carbon Transition Readiness ETF               | 811-23402         |
| BlackRock International Select Equity Fund                   | 811-04612         |
| iShares U.S. Intermediate Credit Bond Index Fund             | 811-05742         |
| BlackRock Emerging Markets ex-China Fund                     | 811-05742         |
| iShares U.S. Select Equity Active ETF                        | 811-23402         |
| BlackRock Capital Appreciation Fund, Inc.                    | 811-06669         |
| BlackRock Retirement Income 2030 Fund                        | 811-22061         |
| BlackRock Exchange Portfolio                                 | 811-05742         |
| iShares U.S. Long Government Bond Index Fund                 | 811-05742         |
| BlackRock LifePath ESG Index 2055 Fund                       | 811-07332         |
| BlackRock Global Equity Market Neutral Fund                  | 811-05742         |
| BlackRock Advantage Small Cap Growth Fund                    | 811-05742         |
| BlackRock LifePath ESG Index Retirement Fund                 | 811-07332         |
| iShares Large Cap Growth Active ETF                          | 811-23402         |
| BlackRock LifePath ESG Index 2050 Fund                       | 811-07332         |
| Large Cap Index Master Portfolio                             | 811-08162         |
| BlackRock Global Allocation Fund, Inc.                       | 811-05576         |
| iShares FinTech Active ETF                                   | 811-23402         |
| BATS: Series S Portfolio                                     | 811-21457         |
| BlackRock LifePath Index 2035 Fund                           | 811-07332         |
| BlackRock Sustainable Advantage International Equity Fund    | 811-05742         |
| Diversified Equity Master Portfolio                          | 811-08162         |
| BlackRock LifePath ESG Index 2040 Fund                       | 811-07332         |
| U.S. Total Bond Index Master Portfolio                       | 811-08162         |
| iShares High Yield Active ETF                                | 811-23511         |
| BlackRock 60/40 Target Allocation ETF V.I. Fund              | 811-03290         |
| BlackRock Impact Mortgage Fund                               | 811-23339         |
| BlackRock U.S. Insights Long/Short Equity Fund               | 811-05742         |
| iShares U.S. Equity Factor Rotation Active ETF               | 811-23402         |
| BlackRock Global Allocation V.I. Fund                        | 811-03290         |
| BlackRock Advantage Emerging Markets Fund                    | 811-05742         |
| BlackRock LifePath Dynamic 2045 Fund                         | 811-07332         |
| BlackRock Mid-Cap Growth Equity Portfolio                    | 811-05742         |
| BlackRock LifePath ESG Index 2045 Fund                       | 811-07332         |
| BlackRock International Fund                                 | 811-08797         |
| iShares Flexible Income Active ETF                           | 811-23511         |
| BlackRock 80/20 Target Allocation Fund                       | 811-22061         |
| BlackRock Short Obligations Fund                             | 811-05742         |
| BlackRock Credit Relative Value Fund                         | 811-23341         |
| iShares Total Return Active ETF                              | 811-23511         |
| BlackRock LifePath Index 2060 Fund                           | 811-07332         |
| BlackRock Small Cap Index V.I. Fund                          | 811-03290         |
| BlackRock Sustainable Total Return Fund                      | 811-02857         |
| BlackRock Natural Resources Trust                            | 811-04282         |
| BlackRock LifePath Index 2055 Fund                           | 811-07332         |
| BATS: Series M Portfolio                                     | 811-21457         |
| BlackRock Strategic Municipal Opportunities Fund             | 811-04802         |
| BATS: Series E Portfolio                                     | 811-21457         |
| BlackRock China A Opportunities Fund                         | 811-05742         |
| BlackRock Impact Municipal Fund                              | 811-02688         |
| iShares U.S. Thematic Rotation Active ETF                    | 811-23402         |
| BlackRock National Municipal Fund                            | 811-02688         |
| BlackRock New York Municipal Opportunities Fund              | 811-04375         |
| Total International Ex U.S. Index Master Portfolio           | 811-08162         |
| BlackRock LifePath ESG Index 2030 Fund                       | 811-07332         |
| iShares U.S. Industry Rotation Active ETF                    | 811-23402         |
| iShares Large Cap Deep Buffer ETF                            | 811-23511         |
| iShares A.I. Innovation and Tech Active ETF                  | 811-23402         |
| BlackRock LifePath Index 2045 Fund                           | 811-07332         |
| BlackRock LifePath Dynamic 2030 Fund                         | 811-07332         |
| BlackRock Sustainable High Yield Bond Fund                   | 811-23339         |
| BlackRock LifePath Dynamic 2055 Fund                         | 811-07332         |
| BlackRock Income Fund                                        | 811-23339         |
| iShares U.S. Long Credit Bond Index Fund                     | 811-05742         |
| BlackRock High Yield V.I. Fund                               | 811-23346         |
| BlackRock International V.I. Fund                            | 811-03290         |
| iShares Enhanced Short-Term Bond Active ETF                  | 811-23402         |
| BlackRock Equity Dividend V.I. Fund                          | 811-03290         |
| BlackRock Large Cap Focus Value Fund, Inc.                   | 811-02739         |
| iShares Advantage Large Cap Income ETF                       | 811-23402         |
| BlackRock Advantage SMID Cap Fund, Inc.                      | 811-02809         |
| BATS: Series V Portfolio                                     | 811-21457         |
| iShares AAA CLO Active ETF                                   | 811-23511         |
| BlackRock Advantage Large Cap Core Portfolio                 | 811-03091         |
| iShares MSCI EAFE International Index Fund                   | 811-07899         |
| iShares Intermediate Muni Income Active ETF                  | 811-23511         |
| BlackRock Systematic Multi-Strategy Fund                     | 811-23341         |
| BlackRock Global Allocation Portfolio                        | 811-03091         |
| BlackRock LifePath Index 2040 Fund                           | 811-07332         |
| BlackRock LifePath Dynamic 2065 Fund                         | 811-07332         |
| BlackRock Equity Dividend Fund                               | 811-05178         |
| BlackRock High Yield Portfolio                               | 811-23339         |
| BlackRock Basic Value V.I. Fund                              | 811-03290         |
| BlackRock Energy Opportunities Fund                          | 811-05742         |
| iShares BBB-B CLO Active ETF                                 | 811-23511         |
| BlackRock LifePath Dynamic 2070 Fund                         | 811-07332         |
| BlackRock Advantage Small Cap Core Fund                      | 811-05742         |
| BlackRock High Yield Portfolio                               | 811-23345         |
| iShares Large Cap Moderate Buffer ETF                        | 811-23511         |
| BlackRock 60/40 Target Allocation Fund                       | 811-22061         |
| BlackRock LifePath Index 2050 Fund                           | 811-07332         |
| BlackRock Capital Appreciation V.I. Fund                     | 811-03290         |
| BlackRock Advantage Large Cap Value Fund                     | 811-09637         |
| BlackRock Advantage Large Cap Value V.I. Fund                | 811-03290         |
| BlackRock LifePath ESG Index 2035 Fund                       | 811-07332         |
| iShares Municipal Bond Index Fund                            | 811-05742         |
| BlackRock Real Estate Securities Fund                        | 811-05742         |
| BlackRock Allocation Target Shares: Series I Portfolio       | 811-21457         |
| BlackRock Advantage Large Cap Core V.I. Fund                 | 811-03290         |
| BlackRock LifePath Dynamic Retirement Fund                   | 811-07332         |
| BlackRock LifePath Index 2065 Fund                           | 811-07332         |
| BlackRock Sustainable Aware Advantage Global Equity Fund     | 811-05742         |
| iShares International Country Rotation Active ETF            | 811-23402         |
| BlackRock Retirement Income 2040 Fund                        | 811-22061         |
| iShares Short-Term California Muni Active ETF                | 811-23511         |
| BlackRock Technology Opportunities Fund                      | 811-05742         |
| BlackRock Sustainable Emerging Markets Equity Fund           | 811-02661         |
| iShares International Dividend Active ETF                    | 811-23402         |
| BlackRock Diversified Fixed Income Fund                      | 811-07332         |
| BlackRock Advantage Large Cap Core Fund                      | 811-09637         |
| BlackRock LifePath Dynamic 2040 Fund                         | 811-07332         |
| BlackRock Mortgage-Backed Securities Fund                    | 811-23339         |
| BlackRock Strategic Global Bond Fund, Inc.                   | 811-05603         |
| BlackRock Event Driven Equity Fund                           | 811-09637         |
| BlackRock Total Return V.I. Fund                             | 811-23346         |
| iShares FTSE NAREIT All Equity REIT Index Fund               | 811-05742         |
| BlackRock LifePath Dynamic 2035 Fund                         | 811-07332         |
| iShares Large Cap Value Active ETF                           | 811-23402         |
| BlackRock Advantage International Fund                       | 811-05742         |
| BlackRock Sustainable Advantage Emerging Markets Equity Fund | 811-05742         |
| BlackRock High Equity Income Fund                            | 811-05742         |
| BlackRock LifePath ESG Index 2065 Fund                       | 811-07332         |
| BlackRock Defensive Advantage Emerging Markets Fund          | 811-05742         |
| BATS: Series A Portfolio                                     | 811-21457         |
| BlackRock LifePath Index 2030 Fund                           | 811-07332         |
| International Tilts Master Portfolio                         | 811-08162         |
| BlackRock LifePath Index Retirement Fund                     | 811-07332         |
| BlackRock Pennsylvania Municipal Bond Fund                   | 811-04375         |
| BlackRock Advantage Global Fund, Inc.                        | 811-07171         |
| BlackRock Large Cap Focus Growth Fund, Inc.                  | 811-09651         |
| BlackRock Managed Volatility V.I. Fund                       | 811-03290         |
| iShares U.S. Intermediate Government Bond Index Fund         | 811-05742         |
| BlackRock Strategic Income Opportunities Portfolio           | 811-23339         |
| iShares Russell Mid-Cap Index Fund                           | 811-05742         |
| BlackRock Mid-Cap Value Fund                                 | 811-07177         |
| BlackRock Emerging Markets Fund, Inc.                        | 811-05723         |
| BlackRock Tactical Opportunities Fund                        | 811-05742         |
| BlackRock Low Duration Bond Portfolio                        | 811-23339         |
| BlackRock Dynamic High Income Portfolio                      | 811-22061         |
| BlackRock Sustainable Advantage Large Cap Core Fund          | 811-05742         |
| BlackRock GA Dynamic Equity Fund                             | 811-21763         |
| BlackRock New Jersey Municipal Bond Fund                     | 811-04375         |
| BlackRock International Index V.I. Fund                      | 811-03290         |
| BlackRock LifePath Dynamic 2060 Fund                         | 811-07332         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

### Management Investment Record: 8 - iShares Total Return Active ETF

**Item C.1. Background information.**

- **a. Full Name of the Fund:** iShares Total Return Active ETF

- **b. Series identification number, if any:** S000083073

- **c. LEI:** 5299001LKKSPPM1BLL20

- **d. Is this the first filing on this form by the Fund?:** No

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 0

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class           | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | iShares Total Return Active ETF | C000246586                                | BRTR                         |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [x] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [ ] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** No

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

- **b. Did the Fund lend any of its securities during the reporting period?** Yes

  - **i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:**

    - **1. The Fund (or it securities lending agent) liquidated collateral pledged to secure the loaned securities?** No

    - **2. The Fund was otherwise adversely impacted?** No

**c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:**

**Securities Lending Record: 1**

- **i. Full name of securities lending agent:** BlackRock Institutional Trust Company, National Association

- **ii. LEI, if any:** 549300RK1FB0VMTPD087

- **iii. Is the securities lending agent an affiliated person...?** Yes

- **iv. Does the securities lending agent... indemnify the Fund against borrower default?** Yes

- **v. If the entity providing the indemnification is not the securities lending agent, provide the following information:**

  **Idemnity Providers Record: 1**

  - **1. Name of person providing indemnification:** —

  - **2. LEI, if any:** —

- **vi. Did the Fund exercise its indemnification rights during the reporting period?** No

**d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:**

**Collateral Managers Record: 1**

- **i. Full name of cash collateral manager:** BlackRock Fund Advisors

- **ii. LEI, if any:** 549300YOOGP0Y1M95C20

- **iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund??** Yes

- **iv. Is the cash collateral manager an affiliated person of the Fund?** Yes

**e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):**

- [x] Revenue sharing split

- [ ] Fee-based revenue split (other than administrative fee)

- [ ] Administrative fee

- [x] Cash collateral reinvestment fee

- [ ] Indemnification fee

- [x] Other

- [ ] N/A

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** $1,007,578.88

- **g. Provide the net income from securities lending activities:** $6,462.00

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 6c-11 (17 CFR 270.6c-11)

- Rule 17a-6 (17 CFR 270.17a-6)

- Rule 32a-4 (17 CFR 270.32a-4)

- Rule 12d1-1 (17 CFR 270.12d1-1)

- Rule 18f-4(f)(17 CFR 270.18f-4(f))

- Rule 18f-4 (17 CFR 270.18f-4)

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** Yes

- **b. Were any expenses reduced or waived?** Yes

- **c. Are the fees waived subject to recoupment?** No

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** BlackRock Fund Advisors

- **ii. SEC file number:** 801-22609

- **iii. CRD number:** 000105247

- **iv. LEI, if any:** 549300YOOGP0Y1M95C20

- **v. State, if applicable:** CA

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.9.b. Sub-advisers.**

**Sub-adviser Record: 1**

- **i. Full name:** BlackRock International Limited

- **ii. SEC file number:** 801-51087

- **iii. CRD number:** 000106843

- **iv. LEI, if any:** 5493008YUGP5E01IBD70

- **v. Is the sub-adviser an affiliated person?:** Yes

- **vi. Foreign country, if applicable:** GB

- **vii. Was the sub-adviser hired during the reporting period?:** No

**Sub-adviser Record: 2**

- **i. Full name:** BlackRock (Singapore) Limited

- **ii. SEC file number:** 801-76926

- **iii. CRD number:** 000164594

- **iv. LEI, if any:** 549300UZGBQ6FHD2X729

- **v. Is the sub-adviser an affiliated person?:** Yes

- **vi. Foreign country, if applicable:** SG

- **vii. Was the sub-adviser hired during the reporting period?:** No

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. SEC file number:** 85-05003

- **iii. LEI, if any:** 571474TGEMMWANRLN572

- **iv. State, if applicable:** MA

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** No

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** London Stock Exchange Group PLC

- **ii. LEI, if any, or provide and describe other identifying number:** 213800QAUUUP6I445N30

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** Bloomberg L.P.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300B56MD0ZC402L06

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** S&P Global Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** Y6X4K52KMJMZE7I7MY94

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** ICE Data Services, Inc.

- **Description of other identifying number:** Tax ID

- **iii. State, if applicable:** GA

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** BNP Paribas

- **ii. LEI, if any:** R0MUWSFPU8MPRO8K5P83

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 2**

- **i. Full name:** Deutsche Bank Aktiengesellschaft (Taipei City, TW, Branch)

- **ii. LEI, if any:** 25490016G0WR60ANOK04

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 3**

- **i. Full name:** Skandinaviska Enskilda Banken AB (Oslo, Oslo, NO, Branch)

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 4**

- **i. Full name:** Goldman Sachs & Co. LLC

- **ii. LEI, if any:** FOR8UP27PHTHYVLBNG30

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6)

**Custodians Record: 5**

- **i. Full name:** Citibank, Anonim Sirketi

- **ii. LEI, if any:** CWZ8NZDH5SKY12Q4US31

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 6**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 7**

- **i. Full name:** Citibank, National Association (Ciudad Autonoma de Buenos Aires, Ciudad Autonoma de Buenos Aires, AR, Branch)

- **ii. LEI, if any:** 579100KKDGKCFFKKF005

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 8**

- **i. Full name:** Banco de Chile

- **ii. LEI, if any:** 8B4EZFY8IHJC44TT2K84

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 9**

- **i. Full name:** UniCredit Bank Austria AG

- **ii. LEI, if any:** D1HEB8VEU6D9M8ZUXG17

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 10**

- **i. Full name:** UBS Switzerland AG

- **ii. LEI, if any:** 549300WOIFUSNYH0FL22

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 11**

- **i. Full name:** FirstRand Bank Limited

- **ii. LEI, if any:** ZAYQDKTCATIXF9OQY690

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 12**

- **i. Full name:** Deutsche Bank Aktiengesellschaft (Makati City, Metro Manila, PH, Branch)

- **ii. LEI, if any:** 7LTWFZYICNSX8D621K86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 13**

- **i. Full name:** Skandinaviska Enskilda Banken AB (Copenhagen, Hovedstaden, DK, Branch)

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 14**

- **i. Full name:** Standard Chartered Bank (Hong Kong) Limited

- **ii. LEI, if any:** X5AV1MBDXGRPX5UGMX13

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 15**

- **i. Full name:** Deutsche Bank Aktiengesellschaft (Jakarta, Jakarta, ID, Branch)

- **ii. LEI, if any:** 7LTWFZYICNSX8D621K86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 16**

- **i. Full name:** Euroclear Bank

- **ii. LEI, if any:** 549300OZ46BRLZ8Y6F65

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)

**Custodians Record: 17**

- **i. Full name:** Standard Chartered Bank (Thai) Public Company Limited

- **ii. LEI, if any:** 549300O1LQYCQ7G1IM57

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 18**

- **i. Full name:** Stanbic IBTC Bank Ltd

- **ii. LEI, if any:** 549300NIVXF92ZIOVW61

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 19**

- **i. Full name:** Citibank Europe Public Limited Company

- **ii. LEI, if any:** N1FBEDJ5J41VKZLO2475

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 20**

- **i. Full name:** HSBC Bank (China) Company Limited

- **ii. LEI, if any:** 2CZOJRADNJXBLT55G526

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 21**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 22**

- **i. Full name:** Citibank, National Association (Singapore, SG, Branch)

- **ii. LEI, if any:** E57ODZWZ7FF32TWEFA76

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 23**

- **i. Full name:** State Street Bank and Trust Company (Edinburgh, GB, Branch)

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 24**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited (Colombo, Western, LK, Branch)

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 25**

- **i. Full name:** Barclays Capital Inc.

- **ii. LEI, if any:** AC28XWWI3WIBK2824319

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6)

**Custodians Record: 26**

- **i. Full name:** Citibank, National Association (Sao Paulo, Sao Paulo, BR, Branch)

- **ii. LEI, if any:** E57ODZWZ7FF32TWEFA76

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 27**

- **i. Full name:** Mizuho Bank, Ltd. (Minato ku, Tokyo, JP, Branch)

- **ii. LEI, if any:** RB0PEZSDGCO3JS6CEU02

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 28**

- **i. Full name:** Citibank del Peru S.A.

- **ii. LEI, if any:** MYTK5NHHP1G8TVFGT193

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 29**

- **i. Full name:** First Abu Dhabi Bank MISR S.A.E.

- **ii. LEI, if any:** 549300FRMQH3ELEXQI94

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 30**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited (Sydney, NSW, AU, Branch)

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 31**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited (Auckland, Auckland, NZ, Branch)

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 32**

- **i. Full name:** UniCredit Bank Hungary Zrt.

- **ii. LEI, if any:** Y28RT6GGYJ696PMW8T44

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 33**

- **i. Full name:** Deutsche Bank (Malaysia) Berhad

- **ii. LEI, if any:** 529900DLWFR8HK7DR278

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 34**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited (Jung-gu, Seoul, KR, Branch)

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 35**

- **i. Full name:** Zagrebacka Banka Dionicko Drustvo

- **ii. LEI, if any:** PRNXTNXHBI0TSY1V8P17

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 36**

- **i. Full name:** Cititrust Colombia S A Sociedad Fiduciaria

- **ii. LEI, if any:** 549300242J3IJCOSGI49

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 37**

- **i. Full name:** Skandinaviska Enskilda Banken AB

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 38**

- **i. Full name:** BNP Paribas Securities Corp.

- **ii. LEI, if any:** RCNB6OTYUAMMP879YW96

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6)

**Custodians Record: 39**

- **i. Full name:** Citibank, National Association (Mumbai, Maharashtra, IN, Branch)

- **ii. LEI, if any:** E57ODZWZ7FF32TWEFA76

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 40**

- **i. Full name:** Skandinaviska Enskilda Banken AB (Helsinki, Uusimaa, FI, Branch)

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 41**

- **i. Full name:** State Street Trust Company Canada

- **ii. LEI, if any:** 549300L71XG2CTQ2V827

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 42**

- **i. Full name:** Bank Hapoalim B.M.

- **ii. LEI, if any:** B6ARUI4946ST4S7WOU88

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 43**

- **i. Full name:** Royal Bank of Canada

- **ii. LEI, if any:** ES7IP3U3RHIGC71XBU11

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 44**

- **i. Full name:** BANCO CITI MEXICO S.A. INSTITUCION DE BANCA MULTIPLE, GRUPO FINANCIERO CITI MEXICO

- **ii. LEI, if any:** 529900H31AYI6WA1J534

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 45**

- **i. Full name:** State Street Bank International GmbH

- **ii. LEI, if any:** ZMHGNT7ZPKZ3UFZ8EO46

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 46**

- **i. Full name:** Bank Handlowy w Warszawie Spolka Akcyjna

- **ii. LEI, if any:** XLEZHWWOI4HFQDGL4793

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 47**

- **i. Full name:** Intesa Sanpaolo S.p.A.

- **ii. LEI, if any:** 2W8N8UU78PMDQKZENC08

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 48**

- **i. Full name:** UniCredit Bank Czech Republic and Slovakia, a.s.

- **ii. LEI, if any:** KR6LSKV3BTSJRD41IF75

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

- **b. Was a custodian hired or terminated during the reporting period?** Yes

**Item C.13 - Shareholder Servicing Agents**

No Shareholder Servicing Agents reported.

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any, or other identifying number:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the administrator a sub-administrator?:** No

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

**Broker Dealers Record: 1**

- **a. Full name:** BlackRock Execution Services

- **b. SEC file number:** 8-48719

- **c. CRD number:** 000039438

- **d. LEI, if any:** 549300HFCRQ0NT5KY652

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Broker Dealers Record: 2**

- **a. Full name:** BlackRock Investments, LLC

- **b. SEC file number:** 8-48436

- **c. CRD number:** 000038642

- **d. LEI, if any:** 54930061FBHCKXL2G714

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Item C.16. Brokers.**

**a. For each of the ten brokers that received the largest dollar amount of brokerage commissions...**

**Brokers Record: 1**

- **i. Full name of broker:** UBS Securities LLC

- **ii. SEC file number:** 8-22651

- **iii. CRD number:** 000007654

- **iv. LEI, if any:** T6FIZBDPKLYJKFCRVK44

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $314.19

**Brokers Record: 2**

- **i. Full name of broker:** Morgan Stanley & Co. LLC

- **ii. SEC file number:** 8-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $657.83

**Brokers Record: 3**

- **i. Full name of broker:** Citadel Securities LLC

- **ii. SEC file number:** 8-53574

- **iii. CRD number:** 000116797

- **iv. LEI, if any:** 12UUJYTN7D3SW8KCSG25

- **v. State, if applicable:** FL

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $162.43

**Brokers Record: 4**

- **i. Full name of broker:** Citigroup Global Markets Inc.

- **ii. SEC file number:** 8-8177

- **iii. CRD number:** 000007059

- **iv. LEI, if any:** MBNUM2BPBDO7JBLYG310

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $10,793.29

**Brokers Record: 5**

- **i. Full name of broker:** Barclays Capital Inc.

- **ii. SEC file number:** 8-41342

- **iii. CRD number:** 000019714

- **iv. LEI, if any:** AC28XWWI3WIBK2824319

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $241.55

**Brokers Record: 6**

- **i. Full name of broker:** Mizuho Securities USA LLC

- **ii. SEC file number:** 8-37710

- **iii. CRD number:** 000019647

- **iv. LEI, if any:** 7TK5RJIZDFROZCA6XF66

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $242.63

**Brokers Record: 7**

- **i. Full name of broker:** Goldman Sachs & Co. LLC

- **ii. SEC file number:** 8-129

- **iii. CRD number:** 000000361

- **iv. LEI, if any:** FOR8UP27PHTHYVLBNG30

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $541.82

**Brokers Record: 8**

- **i. Full name of broker:** BofA Securities, Inc.

- **ii. SEC file number:** 8-69787

- **iii. CRD number:** 000283942

- **iv. LEI, if any:** 549300HN4UKV1E2R3U73

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $713.92

**Brokers Record: 9**

- **i. Full name of broker:** BNP Paribas Securities Corp.

- **ii. SEC file number:** 8-32682

- **iii. CRD number:** 000015794

- **iv. LEI, if any:** RCNB6OTYUAMMP879YW96

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $23,884.56

**Brokers Record: 10**

- **i. Full name of broker:** Jane Street Execution Services, LLC

- **ii. SEC file number:** 8-69254

- **iii. CRD number:** 000167280

- **iv. LEI, if any:** 549300HXJLXCPDWAH070

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $328.49

**Aggregate Commission:** $38,201.39

**Item C.17.a. Principal transaction counterparties.**

| Name                                                      | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| Wells Fargo Securities, LLC                               | 8-65876           | 000126292    | VYVVCKR63DVZZN70PB21 | NC      | US        | $167,380,185.69           |
| Barclays Capital Inc.                                     | 8-41342           | 000019714    | AC28XWWI3WIBK2824319 | NY      | US        | $208,364,387.06           |
| J.P. Morgan Securities LLC                                | 8-35008           | 000000079    | ZBUT11V806EZRVTWT807 | NY      | US        | $434,300,093.27           |
| Goldman Sachs & Co. LLC                                   | 8-129             | 000000361    | FOR8UP27PHTHYVLBNG30 | NY      | US        | $336,671,597.47           |
| BlackRock Funds III - BlackRock Cash Funds: Institutional | N/A               | N/A          | 549300JDHS1T46VWOG19 | CA      | US        | $363,075,337.75           |
| Citigroup Global Markets Inc.                             | 8-8177            | 000007059    | MBNUM2BPBDO7JBLYG310 | NY      | US        | $326,997,758.11           |
| Morgan Stanley & Co. LLC                                  | 8-15869           | 000008209    | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $460,293,185.47           |
| BNP Paribas Securities Corp.                              | 8-32682           | 000015794    | RCNB6OTYUAMMP879YW96 | NY      | US        | $55,322,112.62            |
| Citadel Securities LLC                                    | 8-53574           | 000116797    | 12UUJYTN7D3SW8KCSG25 | FL      | US        | $38,317,591.45            |
| BofA Securities, Inc.                                     | 8-69787           | 000283942    | 549300HN4UKV1E2R3U73 | NY      | US        | $450,559,339.34           |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $2,995,436,367.95

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** Yes

- **Item C.19.a - Fund's monthly average net assets:** $160,402,309.47

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $1,750,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** Standard Chartered Bank

  - **Line Institutions Record: 2 Name of institution:** Morgan Stanley Bank, N.A.

  - **Line Institutions Record: 3 Name of institution:** State Street Bank and Trust Company

  - **Line Institutions Record: 4 Name of institution:** Royal Bank of Canada

  - **Line Institutions Record: 5 Name of institution:** Mizuho Bank, Ltd.

  - **Line Institutions Record: 6 Name of institution:** Bank of America, N.A.

  - **Line Institutions Record: 7 Name of institution:** Deutsche Bank AG New York Branch

  - **Line Institutions Record: 8 Name of institution:** Banco Bilbao Vizcaya Argentaria, S.A. New York Branch

  - **Line Institutions Record: 9 Name of institution:** Societe Generale

  - **Line Institutions Record: 10 Name of institution:** The Bank of New York Mellon

  - **Line Institutions Record: 11 Name of institution:** Barclays Bank PLC

  - **Line Institutions Record: 12 Name of institution:** The Toronto-Dominion Bank, New York Branch

  - **Line Institutions Record: 13 Name of institution:** Bank of Montreal

  - **Line Institutions Record: 14 Name of institution:** Goldman Sachs Bank USA

  - **Line Institutions Record: 15 Name of institution:** The Northern Trust Co.

  - **Line Institutions Record: 16 Name of institution:** JPMorgan Chase Bank, N.A.

  - **Line Institutions Record: 17 Name of institution:** Brown Brothers Harriman & Co.

  - **Line Institutions Record: 18 Name of institution:** Citibank, N.A.

  - **Line Institutions Record: 19 Name of institution:** Wells Fargo Bank, N.A.

  - **Line Institutions Record: 20 Name of institution:** BNP Paribas

  - **Line Institutions Record: 21 Name of institution:** MUFG Bank, Ltd.

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                                 | SEC File number   |
|:---|:---|
| BlackRock LifePath Index 2030 Fund                           | 811-07332         |
| BlackRock Short Obligations Fund                             | 811-05742         |
| BlackRock LifePath Index 2045 Fund                           | 811-07332         |
| BlackRock Retirement Income 2030 Fund                        | 811-22061         |
| iShares U.S. Intermediate Government Bond Index Fund         | 811-05742         |
| BlackRock LifePath ESG Index 2035 Fund                       | 811-07332         |
| iShares BBB-B CLO Active ETF                                 | 811-23511         |
| BlackRock International Select Equity Fund                   | 811-04612         |
| BlackRock Advantage Large Cap Core Fund                      | 811-09637         |
| iShares High Yield Muni Income Active ETF                    | 811-23511         |
| BlackRock LifePath ESG Index 2070 Fund                       | 811-07332         |
| BlackRock 60/40 Target Allocation Fund                       | 811-22061         |
| BlackRock Advantage SMID Cap V.I. Fund                       | 811-03290         |
| BlackRock U.S. Carbon Transition Readiness ETF               | 811-23402         |
| BlackRock Commodity Strategies Fund                          | 811-05742         |
| BlackRock LifePath Index 2065 Fund                           | 811-07332         |
| BlackRock Capital Appreciation Fund, Inc.                    | 811-06669         |
| iShares A.I. Innovation and Tech Active ETF                  | 811-23402         |
| BlackRock Diversified Fixed Income Fund                      | 811-07332         |
| BlackRock California Municipal Opportunities Fund            | 811-04264         |
| iShares Large Cap Deep Buffer ETF                            | 811-23511         |
| BATS: Series V Portfolio                                     | 811-21457         |
| BlackRock Small Cap Index V.I. Fund                          | 811-03290         |
| BlackRock Global Allocation Fund, Inc.                       | 811-05576         |
| Diversified Equity Master Portfolio                          | 811-08162         |
| BlackRock Advantage Small Cap Core Fund                      | 811-05742         |
| iShares U.S. Securitized Bond Index Fund                     | 811-05742         |
| BlackRock Equity Dividend V.I. Fund                          | 811-03290         |
| iShares U.S. Thematic Rotation Active ETF                    | 811-23402         |
| iShares International Dividend Active ETF                    | 811-23402         |
| iShares International Country Rotation Active ETF            | 811-23402         |
| BlackRock Capital Appreciation V.I. Fund                     | 811-03290         |
| BlackRock Dynamic High Income Portfolio                      | 811-22061         |
| iShares FTSE NAREIT All Equity REIT Index Fund               | 811-05742         |
| BlackRock Advantage SMID Cap Fund, Inc.                      | 811-02809         |
| BlackRock LifePath Index 2070 Fund                           | 811-07332         |
| BlackRock LifePath Index 2040 Fund                           | 811-07332         |
| iShares Large Cap Value Active ETF                           | 811-23402         |
| BlackRock Balanced Fund, Inc.                                | 811-02405         |
| BlackRock LifePath Dynamic 2040 Fund                         | 811-07332         |
| BlackRock Large Cap Focus Growth Fund, Inc.                  | 811-09651         |
| BlackRock Strategic Global Bond Fund, Inc.                   | 811-05603         |
| iShares Short-Term TIPS Bond Index Fund                      | 811-05742         |
| BlackRock Global Equity Market Neutral Fund                  | 811-05742         |
| BlackRock New York Municipal Opportunities Fund              | 811-04375         |
| BlackRock LifePath Dynamic 2030 Fund                         | 811-07332         |
| BlackRock High Equity Income Fund                            | 811-05742         |
| BlackRock High Yield Portfolio                               | 811-23339         |
| BlackRock Impact Mortgage Fund                               | 811-23339         |
| iShares U.S. Select Equity Active ETF                        | 811-23402         |
| iShares MSCI EAFE International Index Fund                   | 811-07899         |
| BlackRock Emerging Markets ex-China Fund                     | 811-05742         |
| BlackRock S&P 500 Index V.I. Fund                            | 811-03290         |
| BlackRock Systematic Multi-Strategy Fund                     | 811-23341         |
| BlackRock GA Dynamic Equity Fund                             | 811-21763         |
| BlackRock Health Sciences Opportunities Portfolio            | 811-05742         |
| BlackRock Advantage Large Cap Value V.I. Fund                | 811-03290         |
| BlackRock LifePath ESG Index 2055 Fund                       | 811-07332         |
| BlackRock Impact Municipal Fund                              | 811-02688         |
| BlackRock LifePath Index 2050 Fund                           | 811-07332         |
| BlackRock Sustainable Advantage Large Cap Core Fund          | 811-05742         |
| BlackRock LifePath Dynamic 2065 Fund                         | 811-07332         |
| BlackRock National Municipal Fund                            | 811-02688         |
| iShares Floating Rate Loan Active ETF                        | 811-23511         |
| iShares Flexible Income Active ETF                           | 811-23511         |
| BlackRock Event Driven Equity Fund                           | 811-09637         |
| BlackRock Technology Opportunities Fund                      | 811-05742         |
| iShares Russell Small/Mid-Cap Index Fund                     | 811-05742         |
| BlackRock Advantage Large Cap Core V.I. Fund                 | 811-03290         |
| BlackRock Equity Dividend Fund                               | 811-05178         |
| BlackRock Advantage International Fund                       | 811-05742         |
| BlackRock Advantage Large Cap Value Fund                     | 811-09637         |
| BlackRock Allocation Target Shares: Series I Portfolio       | 811-21457         |
| BlackRock Pennsylvania Municipal Bond Fund                   | 811-04375         |
| U.S. Total Bond Index Master Portfolio                       | 811-08162         |
| BlackRock LifePath ESG Index 2040 Fund                       | 811-07332         |
| iShares Health Innovation Active ETF                         | 811-23402         |
| BlackRock U.S. Insights Long/Short Equity Fund               | 811-05742         |
| BlackRock 40/60 Target Allocation Fund                       | 811-22061         |
| BlackRock LifePath ESG Index Retirement Fund                 | 811-07332         |
| BlackRock Balanced Portfolio                                 | 811-03091         |
| BlackRock Tactical Opportunities Fund                        | 811-05742         |
| BlackRock International V.I. Fund                            | 811-03290         |
| BlackRock Advantage Large Cap Growth Fund                    | 811-05742         |
| BlackRock LifePath ESG Index 2030 Fund                       | 811-07332         |
| BlackRock Total Return Fund                                  | 811-02857         |
| BlackRock 20/80 Target Allocation Fund                       | 811-22061         |
| BlackRock World ex U.S. Carbon Transition Readiness ETF      | 811-23402         |
| BlackRock Sustainable High Yield Bond Fund                   | 811-23339         |
| BlackRock Sustainable Aware Advantage Global Equity Fund     | 811-05742         |
| BlackRock International Index V.I. Fund                      | 811-03290         |
| International Tilts Master Portfolio                         | 811-08162         |
| BlackRock LifePath Index 2055 Fund                           | 811-07332         |
| BlackRock LifePath ESG Index 2060 Fund                       | 811-07332         |
| BlackRock LifePath ESG Index 2045 Fund                       | 811-07332         |
| BlackRock Managed Income Fund                                | 811-22061         |
| BlackRock Global Dividend Portfolio                          | 811-22061         |
| BlackRock Advantage Large Cap Core Portfolio                 | 811-03091         |
| BlackRock Defensive Advantage Emerging Markets Fund          | 811-05742         |
| BlackRock Strategic Income Opportunities Portfolio           | 811-23339         |
| BlackRock Sustainable Total Return Fund                      | 811-02857         |
| iShares Advantage Large Cap Income ETF                       | 811-23402         |
| BlackRock Floating Rate Income Portfolio                     | 811-23339         |
| BATS: Series C Portfolio                                     | 811-21457         |
| BATS: Series E Portfolio                                     | 811-21457         |
| BlackRock Global Allocation Portfolio                        | 811-03091         |
| iShares U.S. Equity Factor Rotation Active ETF               | 811-23402         |
| BlackRock High Yield V.I. Fund                               | 811-23346         |
| BlackRock Low Duration Bond Portfolio                        | 811-23339         |
| BlackRock U.S. Mortgage Portfolio                            | 811-23340         |
| iShares U.S. Intermediate Credit Bond Index Fund             | 811-05742         |
| BlackRock LifePath Dynamic 2035 Fund                         | 811-07332         |
| iShares Developed Real Estate Index Fund                     | 811-05742         |
| iShares Municipal Bond Index Fund                            | 811-05742         |
| BlackRock LifePath ESG Index 2050 Fund                       | 811-07332         |
| iShares Total U.S. Stock Market Index Fund                   | 811-05742         |
| BlackRock Multi-Asset Income Portfolio                       | 811-22061         |
| BlackRock LifePath Index 2060 Fund                           | 811-07332         |
| iShares U.S. Long Credit Bond Index Fund                     | 811-05742         |
| BlackRock 60/40 Target Allocation ETF V.I. Fund              | 811-03290         |
| Master Small Cap Index Series                                | 811-07885         |
| BlackRock Sustainable Advantage Emerging Markets Equity Fund | 811-05742         |
| BlackRock Basic Value V.I. Fund                              | 811-03290         |
| iShares Enhanced Short-Term Bond Active ETF                  | 811-23402         |
| BlackRock LifePath Dynamic Retirement Fund                   | 811-07332         |
| BlackRock Exchange Portfolio                                 | 811-05742         |
| BlackRock LifePath Dynamic 2055 Fund                         | 811-07332         |
| iShares Intermediate Muni Income Active ETF                  | 811-23511         |
| BlackRock Mortgage-Backed Securities Fund                    | 811-23339         |
| BlackRock Sustainable Advantage International Equity Fund    | 811-05742         |
| BlackRock Emerging Markets Fund, Inc.                        | 811-05723         |
| BlackRock Total Return V.I. Fund                             | 811-23346         |
| BlackRock Mid-Cap Value Fund                                 | 811-07177         |
| BlackRock LifePath ESG Index 2065 Fund                       | 811-07332         |
| BlackRock LifePath Index Retirement Fund                     | 811-07332         |
| iShares Large Cap Moderate Buffer ETF                        | 811-23511         |
| BlackRock Inflation Protected Bond Portfolio                 | 811-23339         |
| BlackRock Managed Volatility V.I. Fund                       | 811-03290         |
| BlackRock Energy Opportunities Fund                          | 811-05742         |
| BlackRock Global Allocation V.I. Fund                        | 811-03290         |
| BlackRock Sustainable Emerging Markets Equity Fund           | 811-02661         |
| iShares Enhanced Roll Yield Index Fund                       | 811-05742         |
| BlackRock Credit Relative Value Fund                         | 811-23341         |
| BlackRock High Yield Portfolio                               | 811-23345         |
| Total International Ex U.S. Index Master Portfolio           | 811-08162         |
| BlackRock LifePath Index 2035 Fund                           | 811-07332         |
| BlackRock International Fund                                 | 811-08797         |
| BlackRock Short Duration Muni Fund                           | 811-02688         |
| iShares High Yield Active ETF                                | 811-23511         |
| BlackRock Real Estate Securities Fund                        | 811-05742         |
| Large Cap Index Master Portfolio                             | 811-08162         |
| BlackRock Advantage Global Fund, Inc.                        | 811-07171         |
| BlackRock LifePath Dynamic 2070 Fund                         | 811-07332         |
| BATS: Series A Portfolio                                     | 811-21457         |
| BlackRock GA Disciplined Volatility Equity Fund              | 811-21763         |
| iShares Russell Mid-Cap Index Fund                           | 811-05742         |
| iShares U.S. Long Government Bond Index Fund                 | 811-05742         |
| iShares High Yield Muni Active ETF                           | 811-23511         |
| BlackRock Income Fund                                        | 811-23339         |
| iShares Managed Futures Active ETF-Aggregate                 | 811-23402         |
| BlackRock Large Cap Focus Growth V.I. Fund                   | 811-03290         |
| iShares AAA CLO Active ETF                                   | 811-23511         |
| BlackRock Unconstrained Equity Fund                          | 811-21759         |
| iShares U.S. Industry Rotation Active ETF                    | 811-23402         |
| iShares FinTech Active ETF                                   | 811-23402         |
| BlackRock LifePath Dynamic 2045 Fund                         | 811-07332         |
| BlackRock Capital Appreciation Portfolio                     | 811-03091         |
| BlackRock Strategic Municipal Opportunities Fund             | 811-04802         |
| BlackRock LifePath Dynamic 2060 Fund                         | 811-07332         |
| BlackRock New Jersey Municipal Bond Fund                     | 811-04375         |
| iShares Short-Term California Muni Active ETF                | 811-23511         |
| iShares Large Cap Core Active ETF                            | 811-23402         |
| BATS: Series P Portfolio                                     | 811-21457         |
| BlackRock Advantage Small Cap Growth Fund                    | 811-05742         |
| Advantage CoreAlpha Bond Master Portfolio                    | 811-23343         |
| BlackRock LifePath Dynamic 2050 Fund                         | 811-07332         |
| iShares Large Cap Growth Active ETF                          | 811-23402         |
| S&P 500 Index Master Portfolio                               | 811-08162         |
| BlackRock China A Opportunities Fund                         | 811-05742         |
| BlackRock Retirement Income 2040 Fund                        | 811-22061         |
| BlackRock Advantage Emerging Markets Fund                    | 811-05742         |
| BATS: Series S Portfolio                                     | 811-21457         |
| BlackRock Mid-Cap Growth Equity Portfolio                    | 811-05742         |
| BlackRock Natural Resources Trust                            | 811-04282         |
| BlackRock Core Bond Portfolio                                | 811-23339         |
| BlackRock 80/20 Target Allocation Fund                       | 811-22061         |
| BATS: Series M Portfolio                                     | 811-21457         |
| BlackRock Large Cap Focus Value Fund, Inc.                   | 811-02739         |
| iShares Technology Opportunities Active ETF                  | 811-23402         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

### Management Investment Record: 9 - iShares Large Cap Moderate Buffer ETF

**Item C.1. Background information.**

- **a. Full Name of the Fund:** iShares Large Cap Moderate Buffer ETF

- **b. Series identification number, if any:** S000080645

- **c. LEI:** 52990096VL1AVDB36P67

- **d. Is this the first filing on this form by the Fund?:** No

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 0

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class                 | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | iShares Large Cap Moderate Buffer ETF | C000243161                                | IVVM                         |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [x] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [x] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [ ] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** Yes

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

**c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:**

**Securities Lending Record: 1**

- **i. Full name of securities lending agent:** BlackRock Institutional Trust Company, National Association

- **ii. LEI, if any:** 549300RK1FB0VMTPD087

- **iii. Is the securities lending agent an affiliated person...?** Yes

- **iv. Does the securities lending agent... indemnify the Fund against borrower default?** Yes

- **v. If the entity providing the indemnification is not the securities lending agent, provide the following information:**

  **Idemnity Providers Record: 1**

  - **1. Name of person providing indemnification:** —

  - **2. LEI, if any:** —

- **vi. Did the Fund exercise its indemnification rights during the reporting period?** No

**d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:**

**Collateral Managers Record: 1**

- **i. Full name of cash collateral manager:** BlackRock Fund Advisors

- **ii. LEI, if any:** 549300YOOGP0Y1M95C20

- **iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund??** Yes

- **iv. Is the cash collateral manager an affiliated person of the Fund?** Yes

**e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):**

- [x] Revenue sharing split

- [ ] Fee-based revenue split (other than administrative fee)

- [ ] Administrative fee

- [x] Cash collateral reinvestment fee

- [ ] Indemnification fee

- [x] Other

- [ ] N/A

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** —

- **g. Provide the net income from securities lending activities:** —

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 32a-4 (17 CFR 270.32a-4)

- Rule 12d1-4 (17 CFR 270.12d1-4)

- Rule 12d1-1 (17 CFR 270.12d1-1)

- Rule 18f-4 (17 CFR 270.18f-4)

- Rule 6c-11 (17 CFR 270.6c-11)

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** Yes

- **b. Were any expenses reduced or waived?** Yes

- **c. Are the fees waived subject to recoupment?** No

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** BlackRock Fund Advisors

- **ii. SEC file number:** 801-22609

- **iii. CRD number:** 000105247

- **iv. LEI, if any:** 549300YOOGP0Y1M95C20

- **v. State, if applicable:** CA

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** The Bank of New York Mellon

- **ii. SEC file number:** 085-05006

- **iii. LEI, if any:** HPFHU0OQ28E4N0NFVK49

- **iv. State, if applicable:** NY

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** No

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** Intercontinental Exchange, Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** 5493000F4ZO33MV32P92

- **iii. State, if applicable:** GA

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** Bloomberg Finance L.P.

- **ii. LEI, if any, or provide and describe other identifying number:** 5493001KJTIIGC8Y1R12

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** LSEG US FIN CORP.

- **ii. LEI, if any, or provide and describe other identifying number:** 2138007FV67QQ13CGJ43

- **iii. State, if applicable:** DE

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** The Bank of New York Mellon

- **ii. LEI, if any:** HPFHU0OQ28E4N0NFVK49

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 2**

- **i. Full name:** Goldman Sachs & Co. LLC

- **ii. LEI, if any:** FOR8UP27PHTHYVLBNG30

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6)

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

No Shareholder Servicing Agents reported.

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** The Bank of New York Mellon

- **ii. LEI, if any, or other identifying number:** HPFHU0OQ28E4N0NFVK49

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the administrator a sub-administrator?:** No

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

**Broker Dealers Record: 1**

- **a. Full name:** BLACKROCK EXECUTION SERVICES

- **b. SEC file number:** 008-48719

- **c. CRD number:** 000039438

- **d. LEI, if any:** 549300HFCRQ0NT5KY652

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Broker Dealers Record: 2**

- **a. Full name:** BLACKROCK INVESTMENTS, LLC

- **b. SEC file number:** 008-48436

- **c. CRD number:** 000038642

- **d. LEI, if any:** 54930061FBHCKXL2G714

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Item C.16. Brokers.**

**a. For each of the ten brokers that received the largest dollar amount of brokerage commissions...**

**Brokers Record: 1**

- **i. Full name of broker:** BARCLAYS CAPITAL, INC.

- **ii. SEC file number:** 008-41342

- **iii. CRD number:** 000019714

- **iv. LEI, if any:** AC28XWWI3WIBK2824319

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $14.00

**Brokers Record: 2**

- **i. Full name of broker:** J.P. Morgan Securities LLC

- **ii. SEC file number:** 008-35008

- **iii. CRD number:** 000000079

- **iv. LEI, if any:** ZBUT11V806EZRVTWT807

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $113.00

**Brokers Record: 3**

- **i. Full name of broker:** UBS Securities LLC

- **ii. SEC file number:** 008-22651

- **iii. CRD number:** 000007654

- **iv. LEI, if any:** T6FIZBDPKLYJKFCRVK44

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $141.00

**Brokers Record: 4**

- **i. Full name of broker:** CitiGroup Global Markets Inc.

- **ii. SEC file number:** 008-08177

- **iii. CRD number:** 000007059

- **iv. LEI, if any:** MBNUM2BPBDO7JBLYG310

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $178.00

**Brokers Record: 5**

- **i. Full name of broker:** SAL EQUITY TRADING, GP

- **ii. SEC file number:** 008-43174

- **iii. CRD number:** 000029337

- **iv. LEI, if any:** 5493003MWY2FX7868J26

- **v. State, if applicable:** PA

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $6,718.00

**Brokers Record: 6**

- **i. Full name of broker:** Jane Street Execution Services, LLC

- **ii. SEC file number:** 008-69254

- **iii. CRD number:** 000167280

- **iv. LEI, if any:** 549300HXJLXCPDWAH070

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $5,195.00

**Brokers Record: 7**

- **i. Full name of broker:** SUSQUEHANNA FINANCIAL GROUP, LLLP

- **ii. SEC file number:** 008-44325

- **iii. CRD number:** 000035865

- **iv. LEI, if any:** 549300E8QX0ZMRDC2M81

- **v. State, if applicable:** PA

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $6,282.00

**Brokers Record: 8**

- **i. Full name of broker:** BOFA SECURITIES, INC.

- **ii. SEC file number:** 008-69787

- **iii. CRD number:** 000283942

- **iv. LEI, if any:** 549300HN4UKV1E2R3U73

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $947.00

**Brokers Record: 9**

- **i. Full name of broker:** GOLDMAN SACHS & CO. LLC

- **ii. SEC file number:** 008-00129

- **iii. CRD number:** 000000361

- **iv. LEI, if any:** FOR8UP27PHTHYVLBNG30

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $5,988.00

**Brokers Record: 10**

- **i. Full name of broker:** MORGAN STANLEY & CO. LLC

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $15.00

**Aggregate Commission:** $25,594.00

**Item C.17.a. Principal transaction counterparties.**

| Name                                                 | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| BOFA SECURITIES, INC.                                | 008-69787         | 000283942    | 549300HN4UKV1E2R3U73 | NY      | US        | $3,925,396.32             |
| GOLDMAN SACHS & CO. LLC                              | 008-00129         | 000000361    | FOR8UP27PHTHYVLBNG30 | NY      | US        | $3,657,354.15             |
| SUSQUEHANNA FINANCIAL GROUP LLP                      | N/A               | N/A          | 254900UYEY5N6SAFZS71 | PA      | US        | $45.60                    |
| BLACKROCK FUNDS III - BlackRock Cash Funds: Treasury | N/A               | N/A          | 5493005PQV5UQG4OSI49 | DE      | US        | $23,506,517.09            |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $31,089,313.16

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.a - Fund's monthly average net assets:** $77,956,987.73

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $1,750,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** Deutsche Bank AG New York Branch

  - **Line Institutions Record: 2 Name of institution:** BNP Paribas

  - **Line Institutions Record: 3 Name of institution:** Barclays Bank PLC

  - **Line Institutions Record: 4 Name of institution:** State Street Bank and Trust Co.

  - **Line Institutions Record: 5 Name of institution:** Brown Brothers Harriman & Co.

  - **Line Institutions Record: 6 Name of institution:** Standard Chartered Bank

  - **Line Institutions Record: 7 Name of institution:** Societe Generale

  - **Line Institutions Record: 8 Name of institution:** Mizuho Bank, Ltd.

  - **Line Institutions Record: 9 Name of institution:** Wells Fargo Bank, N.A.

  - **Line Institutions Record: 10 Name of institution:** Bank of America, N.A.

  - **Line Institutions Record: 11 Name of institution:** Bank of Montreal

  - **Line Institutions Record: 12 Name of institution:** Goldman Sachs Bank USA

  - **Line Institutions Record: 13 Name of institution:** The Toronto-Dominion Bank, New York Branch

  - **Line Institutions Record: 14 Name of institution:** Royal Bank of Canada

  - **Line Institutions Record: 15 Name of institution:** Citibank, N.A.

  - **Line Institutions Record: 16 Name of institution:** Banco Bilbao Vizcaya Argentaria, S.A. New York Branch

  - **Line Institutions Record: 17 Name of institution:** The Northern Trust Co.

  - **Line Institutions Record: 18 Name of institution:** MUFG Bank, Ltd.

  - **Line Institutions Record: 19 Name of institution:** Morgan Stanley Bank, N.A.

  - **Line Institutions Record: 20 Name of institution:** JPMorgan Chase Bank, N.A.

  - **Line Institutions Record: 21 Name of institution:** The Bank of New York Mellon

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                                 | SEC File number   |
|:---|:---|
| BlackRock Real Estate Securities Fund                        | 811-05742         |
| iShares Total U.S. Stock Market Index Fund                   | 811-05742         |
| BlackRock LifePath Dynamic 2040 Fund                         | 811-07332         |
| BlackRock Pennsylvania Municipal Bond Fund                   | 811-04375         |
| BlackRock Energy Opportunities Fund                          | 811-05742         |
| iShares Russell Small/Mid-Cap Index Fund                     | 811-05742         |
| iShares Large Cap Value Active ETF                           | 811-23402         |
| BlackRock Inflation Protected Bond Portfolio                 | 811-23339         |
| BlackRock Advantage Large Cap Value Fund                     | 811-09637         |
| BlackRock Mid-Cap Growth Equity Portfolio                    | 811-05742         |
| BlackRock Advantage International Fund                       | 811-05742         |
| BlackRock Impact Mortgage Fund                               | 811-23339         |
| BlackRock LifePath ESG Index 2045 Fund                       | 811-07332         |
| BlackRock LifePath ESG Index Retirement Fund                 | 811-07332         |
| BlackRock LifePath Dynamic 2065 Fund                         | 811-07332         |
| BlackRock Sustainable Advantage Large Cap Core Fund          | 811-05742         |
| BlackRock Natural Resources Trust                            | 811-04282         |
| iShares U.S. Long Government Bond Index Fund                 | 811-05742         |
| BlackRock Mid-Cap Value Fund                                 | 811-07177         |
| BlackRock Managed Income Fund                                | 811-22061         |
| iShares A.I. Innovation and Tech Active ETF                  | 811-23402         |
| BATS: Series A Portfolio                                     | 811-21457         |
| BlackRock New York Municipal Opportunities Fund              | 811-04375         |
| BlackRock Dynamic High Income Portfolio                      | 811-22061         |
| BlackRock LifePath ESG Index 2070 Fund                       | 811-07332         |
| BlackRock Global Allocation V.I. Fund                        | 811-03290         |
| iShares U.S. Select Equity Active ETF                        | 811-23402         |
| BlackRock Managed Volatility V.I. Fund                       | 811-03290         |
| BlackRock Diversified Fixed Income Fund                      | 811-07332         |
| BlackRock High Yield Portfolio                               | 811-23345         |
| BlackRock International V.I. Fund                            | 811-03290         |
| BlackRock LifePath Index 2035 Fund                           | 811-07332         |
| BlackRock Unconstrained Equity Fund                          | 811-21759         |
| BlackRock Total Return Fund                                  | 811-02857         |
| iShares U.S. Thematic Rotation Active ETF                    | 811-23402         |
| BlackRock Impact Municipal Fund                              | 811-02688         |
| BlackRock U.S. Carbon Transition Readiness ETF               | 811-23402         |
| BlackRock Capital Appreciation Portfolio                     | 811-03091         |
| BlackRock International Index V.I. Fund                      | 811-03290         |
| BlackRock Sustainable Total Return Fund                      | 811-02857         |
| iShares Short-Term TIPS Bond Index Fund                      | 811-05742         |
| iShares U.S. Securitized Bond Index Fund                     | 811-05742         |
| iShares Total Return Active ETF                              | 811-23511         |
| iShares Short-Term California Muni Active ETF                | 811-23511         |
| BlackRock International Select Equity Fund                   | 811-04612         |
| U.S. Total Bond Index Master Portfolio                       | 811-08162         |
| BlackRock LifePath ESG Index 2050 Fund                       | 811-07332         |
| BlackRock Advantage Small Cap Core Fund                      | 811-05742         |
| BlackRock Balanced Fund, Inc.                                | 811-02405         |
| BlackRock Defensive Advantage Emerging Markets Fund          | 811-05742         |
| BlackRock Emerging Markets ex-China Fund                     | 811-05742         |
| BlackRock LifePath Dynamic 2060 Fund                         | 811-07332         |
| iShares Large Cap Core Active ETF                            | 811-23402         |
| iShares High Yield Muni Active ETF                           | 811-23511         |
| BlackRock International Fund                                 | 811-08797         |
| BlackRock Event Driven Equity Fund                           | 811-09637         |
| BlackRock GA Dynamic Equity Fund                             | 811-21763         |
| S&P 500 Index Master Portfolio                               | 811-08162         |
| BlackRock Large Cap Focus Growth V.I. Fund                   | 811-03290         |
| iShares Russell Mid-Cap Index Fund                           | 811-05742         |
| iShares U.S. Long Credit Bond Index Fund                     | 811-05742         |
| iShares AAA CLO Active ETF                                   | 811-23511         |
| BlackRock Retirement Income 2040 Fund                        | 811-22061         |
| BATS: Series P Portfolio                                     | 811-21457         |
| BlackRock LifePath Dynamic 2030 Fund                         | 811-07332         |
| iShares Enhanced Roll Yield Index Fund                       | 811-05742         |
| BlackRock Retirement Income 2030 Fund                        | 811-22061         |
| BlackRock Technology Opportunities Fund                      | 811-05742         |
| BlackRock U.S. Insights Long/Short Equity Fund               | 811-05742         |
| BlackRock Sustainable Advantage International Equity Fund    | 811-05742         |
| BlackRock Capital Appreciation Fund, Inc.                    | 811-06669         |
| BlackRock Equity Dividend V.I. Fund                          | 811-03290         |
| BlackRock Advantage Large Cap Core Portfolio                 | 811-03091         |
| BlackRock LifePath ESG Index 2060 Fund                       | 811-07332         |
| BlackRock Global Allocation Portfolio                        | 811-03091         |
| BlackRock Advantage Large Cap Growth Fund                    | 811-05742         |
| iShares Managed Futures Active ETF-Aggregate                 | 811-23402         |
| BlackRock 40/60 Target Allocation Fund                       | 811-22061         |
| BlackRock 60/40 Target Allocation Fund                       | 811-22061         |
| BlackRock 60/40 Target Allocation ETF V.I. Fund              | 811-03290         |
| BlackRock Multi-Asset Income Portfolio                       | 811-22061         |
| BlackRock Tactical Opportunities Fund                        | 811-05742         |
| BlackRock LifePath Index 2030 Fund                           | 811-07332         |
| BlackRock Short Duration Muni Fund                           | 811-02688         |
| iShares International Country Rotation Active ETF            | 811-23402         |
| iShares Enhanced Short-Term Bond Active ETF                  | 811-23402         |
| BlackRock Allocation Target Shares: Series I Portfolio       | 811-21457         |
| Diversified Equity Master Portfolio                          | 811-08162         |
| iShares U.S. Equity Factor Rotation Active ETF               | 811-23402         |
| BlackRock Sustainable High Yield Bond Fund                   | 811-23339         |
| BlackRock Floating Rate Income Portfolio                     | 811-23339         |
| Advantage CoreAlpha Bond Master Portfolio                    | 811-23343         |
| BlackRock LifePath Index 2060 Fund                           | 811-07332         |
| BlackRock Mortgage-Backed Securities Fund                    | 811-23339         |
| BlackRock LifePath Index 2055 Fund                           | 811-07332         |
| BlackRock Advantage SMID Cap V.I. Fund                       | 811-03290         |
| BlackRock Advantage Large Cap Value V.I. Fund                | 811-03290         |
| iShares MSCI EAFE International Index Fund                   | 811-07899         |
| BlackRock LifePath ESG Index 2030 Fund                       | 811-07332         |
| iShares Large Cap Deep Buffer ETF                            | 811-23511         |
| BlackRock Sustainable Advantage Emerging Markets Equity Fund | 811-05742         |
| iShares Municipal Bond Index Fund                            | 811-05742         |
| BlackRock LifePath Dynamic Retirement Fund                   | 811-07332         |
| BlackRock Large Cap Focus Value Fund, Inc.                   | 811-02739         |
| iShares Technology Opportunities Active ETF                  | 811-23402         |
| BlackRock High Yield Portfolio                               | 811-23339         |
| BlackRock LifePath ESG Index 2055 Fund                       | 811-07332         |
| BATS: Series V Portfolio                                     | 811-21457         |
| BlackRock Sustainable Emerging Markets Equity Fund           | 811-02661         |
| BlackRock LifePath Dynamic 2045 Fund                         | 811-07332         |
| BlackRock Global Equity Market Neutral Fund                  | 811-05742         |
| iShares Floating Rate Loan Active ETF                        | 811-23511         |
| BlackRock Strategic Municipal Opportunities Fund             | 811-04802         |
| BlackRock New Jersey Municipal Bond Fund                     | 811-04375         |
| BlackRock LifePath ESG Index 2065 Fund                       | 811-07332         |
| iShares BBB-B CLO Active ETF                                 | 811-23511         |
| BlackRock LifePath Dynamic 2055 Fund                         | 811-07332         |
| iShares International Dividend Active ETF                    | 811-23402         |
| Total International Ex U.S. Index Master Portfolio           | 811-08162         |
| BlackRock Strategic Global Bond Fund, Inc.                   | 811-05603         |
| BATS: Series C Portfolio                                     | 811-21457         |
| BlackRock 20/80 Target Allocation Fund                       | 811-22061         |
| BlackRock S&P 500 Index V.I. Fund                            | 811-03290         |
| BlackRock Advantage Emerging Markets Fund                    | 811-05742         |
| iShares Flexible Income Active ETF                           | 811-23511         |
| BlackRock LifePath Index Retirement Fund                     | 811-07332         |
| iShares Advantage Large Cap Income ETF                       | 811-23402         |
| BlackRock U.S. Mortgage Portfolio                            | 811-23340         |
| BlackRock High Equity Income Fund                            | 811-05742         |
| Large Cap Index Master Portfolio                             | 811-08162         |
| BATS: Series E Portfolio                                     | 811-21457         |
| BlackRock Large Cap Focus Growth Fund, Inc.                  | 811-09651         |
| BATS: Series M Portfolio                                     | 811-21457         |
| BlackRock Advantage Large Cap Core Fund                      | 811-09637         |
| BlackRock Balanced Portfolio                                 | 811-03091         |
| BlackRock Exchange Portfolio                                 | 811-05742         |
| BlackRock Global Dividend Portfolio                          | 811-22061         |
| BlackRock Systematic Multi-Strategy Fund                     | 811-23341         |
| iShares FinTech Active ETF                                   | 811-23402         |
| BlackRock China A Opportunities Fund                         | 811-05742         |
| iShares Developed Real Estate Index Fund                     | 811-05742         |
| BlackRock Commodity Strategies Fund                          | 811-05742         |
| BlackRock Core Bond Portfolio                                | 811-23339         |
| iShares High Yield Muni Income Active ETF                    | 811-23511         |
| BlackRock 80/20 Target Allocation Fund                       | 811-22061         |
| BlackRock LifePath ESG Index 2040 Fund                       | 811-07332         |
| BlackRock LifePath Index 2050 Fund                           | 811-07332         |
| BlackRock Credit Relative Value Fund                         | 811-23341         |
| iShares Intermediate Muni Income Active ETF                  | 811-23511         |
| iShares U.S. Industry Rotation Active ETF                    | 811-23402         |
| BlackRock High Yield V.I. Fund                               | 811-23346         |
| iShares Health Innovation Active ETF                         | 811-23402         |
| BlackRock Total Return V.I. Fund                             | 811-23346         |
| BlackRock Short Obligations Fund                             | 811-05742         |
| BATS: Series S Portfolio                                     | 811-21457         |
| BlackRock Income Fund                                        | 811-23339         |
| International Tilts Master Portfolio                         | 811-08162         |
| BlackRock World ex U.S. Carbon Transition Readiness ETF      | 811-23402         |
| BlackRock LifePath Dynamic 2050 Fund                         | 811-07332         |
| iShares U.S. Intermediate Government Bond Index Fund         | 811-05742         |
| BlackRock LifePath Index 2040 Fund                           | 811-07332         |
| BlackRock Health Sciences Opportunities Portfolio            | 811-05742         |
| BlackRock Sustainable Aware Advantage Global Equity Fund     | 811-05742         |
| iShares U.S. Intermediate Credit Bond Index Fund             | 811-05742         |
| BlackRock Equity Dividend Fund                               | 811-05178         |
| iShares FTSE NAREIT All Equity REIT Index Fund               | 811-05742         |
| BlackRock Global Allocation Fund, Inc.                       | 811-05576         |
| BlackRock GA Disciplined Volatility Equity Fund              | 811-21763         |
| BlackRock California Municipal Opportunities Fund            | 811-04264         |
| BlackRock Capital Appreciation V.I. Fund                     | 811-03290         |
| iShares High Yield Active ETF                                | 811-23511         |
| BlackRock Low Duration Bond Portfolio                        | 811-23339         |
| BlackRock LifePath Dynamic 2070 Fund                         | 811-07332         |
| BlackRock Advantage Large Cap Core V.I. Fund                 | 811-03290         |
| BlackRock Emerging Markets Fund, Inc.                        | 811-05723         |
| BlackRock Strategic Income Opportunities Portfolio           | 811-23339         |
| BlackRock LifePath Index 2065 Fund                           | 811-07332         |
| BlackRock LifePath Dynamic 2035 Fund                         | 811-07332         |
| BlackRock Advantage Small Cap Growth Fund                    | 811-05742         |
| BlackRock Advantage SMID Cap Fund, Inc.                      | 811-02809         |
| BlackRock LifePath Index 2045 Fund                           | 811-07332         |
| BlackRock LifePath Index 2070 Fund                           | 811-07332         |
| BlackRock Small Cap Index V.I. Fund                          | 811-03290         |
| BlackRock LifePath ESG Index 2035 Fund                       | 811-07332         |
| iShares Large Cap Growth Active ETF                          | 811-23402         |
| Master Small Cap Index Series                                | 811-07885         |
| BlackRock National Municipal Fund                            | 811-02688         |
| BlackRock Basic Value V.I. Fund                              | 811-03290         |
| BlackRock Advantage Global Fund, Inc.                        | 811-07171         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

### Management Investment Record: 10 - iShares Large Cap Deep Buffer ETF

**Item C.1. Background information.**

- **a. Full Name of the Fund:** iShares Large Cap Deep Buffer ETF

- **b. Series identification number, if any:** S000080646

- **c. LEI:** 529900LGTNV6L2PRI881

- **d. Is this the first filing on this form by the Fund?:** No

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 0

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class             | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | iShares Large Cap Deep Buffer ETF | C000243162                                | IVVB                         |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [x] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [x] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [ ] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** Yes

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

**c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:**

**Securities Lending Record: 1**

- **i. Full name of securities lending agent:** BlackRock Institutional Trust Company, National Association

- **ii. LEI, if any:** 549300RK1FB0VMTPD087

- **iii. Is the securities lending agent an affiliated person...?** Yes

- **iv. Does the securities lending agent... indemnify the Fund against borrower default?** Yes

- **v. If the entity providing the indemnification is not the securities lending agent, provide the following information:**

  **Idemnity Providers Record: 1**

  - **1. Name of person providing indemnification:** —

  - **2. LEI, if any:** —

- **vi. Did the Fund exercise its indemnification rights during the reporting period?** No

**d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:**

**Collateral Managers Record: 1**

- **i. Full name of cash collateral manager:** BlackRock Fund Advisors

- **ii. LEI, if any:** 549300YOOGP0Y1M95C20

- **iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund??** Yes

- **iv. Is the cash collateral manager an affiliated person of the Fund?** Yes

**e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):**

- [x] Revenue sharing split

- [ ] Fee-based revenue split (other than administrative fee)

- [ ] Administrative fee

- [x] Cash collateral reinvestment fee

- [ ] Indemnification fee

- [x] Other

- [ ] N/A

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** —

- **g. Provide the net income from securities lending activities:** —

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 18f-4 (17 CFR 270.18f-4)

- Rule 12d1-4 (17 CFR 270.12d1-4)

- Rule 6c-11 (17 CFR 270.6c-11)

- Rule 32a-4 (17 CFR 270.32a-4)

- Rule 12d1-1 (17 CFR 270.12d1-1)

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** Yes

- **b. Were any expenses reduced or waived?** Yes

- **c. Are the fees waived subject to recoupment?** No

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** BlackRock Fund Advisors

- **ii. SEC file number:** 801-22609

- **iii. CRD number:** 000105247

- **iv. LEI, if any:** 549300YOOGP0Y1M95C20

- **v. State, if applicable:** CA

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** The Bank of New York Mellon

- **ii. SEC file number:** 085-05006

- **iii. LEI, if any:** HPFHU0OQ28E4N0NFVK49

- **iv. State, if applicable:** NY

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** No

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** Bloomberg Finance L.P.

- **ii. LEI, if any, or provide and describe other identifying number:** 5493001KJTIIGC8Y1R12

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** Intercontinental Exchange, Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** 5493000F4ZO33MV32P92

- **iii. State, if applicable:** GA

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** LSEG US FIN CORP.

- **ii. LEI, if any, or provide and describe other identifying number:** 2138007FV67QQ13CGJ43

- **iii. State, if applicable:** DE

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** Goldman Sachs & Co. LLC

- **ii. LEI, if any:** FOR8UP27PHTHYVLBNG30

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6)

**Custodians Record: 2**

- **i. Full name:** The Bank of New York Mellon

- **ii. LEI, if any:** HPFHU0OQ28E4N0NFVK49

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

No Shareholder Servicing Agents reported.

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** The Bank of New York Mellon

- **ii. LEI, if any, or other identifying number:** HPFHU0OQ28E4N0NFVK49

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the administrator a sub-administrator?:** No

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

**Broker Dealers Record: 1**

- **a. Full name:** BLACKROCK INVESTMENTS, LLC

- **b. SEC file number:** 008-48436

- **c. CRD number:** 000038642

- **d. LEI, if any:** 54930061FBHCKXL2G714

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Broker Dealers Record: 2**

- **a. Full name:** BLACKROCK EXECUTION SERVICES

- **b. SEC file number:** 008-48719

- **c. CRD number:** 000039438

- **d. LEI, if any:** 549300HFCRQ0NT5KY652

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Item C.16. Brokers.**

**a. For each of the ten brokers that received the largest dollar amount of brokerage commissions...**

**Brokers Record: 1**

- **i. Full name of broker:** Jane Street Execution Services, LLC

- **ii. SEC file number:** 008-69254

- **iii. CRD number:** 000167280

- **iv. LEI, if any:** 549300HXJLXCPDWAH070

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $8,522.00

**Brokers Record: 2**

- **i. Full name of broker:** SAL EQUITY TRADING, GP

- **ii. SEC file number:** 008-43174

- **iii. CRD number:** 000029337

- **iv. LEI, if any:** 5493003MWY2FX7868J26

- **v. State, if applicable:** PA

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $16,731.00

**Brokers Record: 3**

- **i. Full name of broker:** MORGAN STANLEY & CO. LLC

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $40.00

**Brokers Record: 4**

- **i. Full name of broker:** J.P. Morgan Securities LLC

- **ii. SEC file number:** 008-35008

- **iii. CRD number:** 000000079

- **iv. LEI, if any:** ZBUT11V806EZRVTWT807

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $182.00

**Brokers Record: 5**

- **i. Full name of broker:** CitiGroup Global Markets Inc.

- **ii. SEC file number:** 008-08177

- **iii. CRD number:** 000007059

- **iv. LEI, if any:** MBNUM2BPBDO7JBLYG310

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $515.00

**Brokers Record: 6**

- **i. Full name of broker:** UBS Securities LLC

- **ii. SEC file number:** 008-22651

- **iii. CRD number:** 000007654

- **iv. LEI, if any:** T6FIZBDPKLYJKFCRVK44

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $183.00

**Brokers Record: 7**

- **i. Full name of broker:** SUSQUEHANNA FINANCIAL GROUP, LLLP

- **ii. SEC file number:** 008-44325

- **iii. CRD number:** 000035865

- **iv. LEI, if any:** 549300E8QX0ZMRDC2M81

- **v. State, if applicable:** PA

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $15,862.00

**Brokers Record: 8**

- **i. Full name of broker:** BOFA SECURITIES, INC.

- **ii. SEC file number:** 008-69787

- **iii. CRD number:** 000283942

- **iv. LEI, if any:** 549300HN4UKV1E2R3U73

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $2,853.00

**Brokers Record: 9**

- **i. Full name of broker:** BARCLAYS CAPITAL, INC.

- **ii. SEC file number:** 008-41342

- **iii. CRD number:** 000019714

- **iv. LEI, if any:** AC28XWWI3WIBK2824319

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $29.00

**Brokers Record: 10**

- **i. Full name of broker:** GOLDMAN SACHS & CO. LLC

- **ii. SEC file number:** 008-00129

- **iii. CRD number:** 000000361

- **iv. LEI, if any:** FOR8UP27PHTHYVLBNG30

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $16,678.00

**Aggregate Commission:** $61,597.00

**Item C.17.a. Principal transaction counterparties.**

| Name                                                 | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| GOLDMAN SACHS & CO. LLC                              | N/A               | N/A          | FOR8UP27PHTHYVLBNG30 | NY      | US        | $1,527,714.40             |
| BOFA SECURITIES, INC.                                | 008-00129         | 000000361    | 549300HN4UKV1E2R3U73 | NY      | US        | $11,439,340.43            |
| BLACKROCK FUNDS III - BlackRock Cash Funds: Treasury | N/A               | N/A          | 5493005PQV5UQG4OSI49 | DE      | US        | $35,436,344.35            |
| Sal Equity Trading, GP                               | 008-69787         | 000283942    | 5493003MWY2FX7868J26 | DE      | US        | $115.95                   |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $48,403,515.13

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.a - Fund's monthly average net assets:** $152,803,040.57

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $1,750,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** Wells Fargo Bank, N.A.

  - **Line Institutions Record: 2 Name of institution:** Brown Brothers Harriman & Co.

  - **Line Institutions Record: 3 Name of institution:** Citibank, N.A.

  - **Line Institutions Record: 4 Name of institution:** Societe Generale

  - **Line Institutions Record: 5 Name of institution:** The Toronto-Dominion Bank, New York Branch

  - **Line Institutions Record: 6 Name of institution:** Banco Bilbao Vizcaya Argentaria, S.A. New York Branch

  - **Line Institutions Record: 7 Name of institution:** Bank of America, N.A.

  - **Line Institutions Record: 8 Name of institution:** JPMorgan Chase Bank, N.A.

  - **Line Institutions Record: 9 Name of institution:** Morgan Stanley Bank, N.A.

  - **Line Institutions Record: 10 Name of institution:** Bank of Montreal

  - **Line Institutions Record: 11 Name of institution:** The Bank of New York Mellon

  - **Line Institutions Record: 12 Name of institution:** Deutsche Bank AG New York Branch

  - **Line Institutions Record: 13 Name of institution:** Barclays Bank PLC

  - **Line Institutions Record: 14 Name of institution:** Royal Bank of Canada

  - **Line Institutions Record: 15 Name of institution:** State Street Bank and Trust Co.

  - **Line Institutions Record: 16 Name of institution:** BNP Paribas

  - **Line Institutions Record: 17 Name of institution:** MUFG Bank, Ltd.

  - **Line Institutions Record: 18 Name of institution:** The Northern Trust Co.

  - **Line Institutions Record: 19 Name of institution:** Mizuho Bank, Ltd.

  - **Line Institutions Record: 20 Name of institution:** Standard Chartered Bank

  - **Line Institutions Record: 21 Name of institution:** Goldman Sachs Bank USA

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                                 | SEC File number   |
|:---|:---|
| BlackRock Advantage SMID Cap Fund, Inc.                      | 811-02809         |
| BlackRock Technology Opportunities Fund                      | 811-05742         |
| BlackRock Advantage Large Cap Core V.I. Fund                 | 811-03290         |
| BlackRock LifePath Index 2070 Fund                           | 811-07332         |
| iShares U.S. Industry Rotation Active ETF                    | 811-23402         |
| BlackRock LifePath Dynamic 2035 Fund                         | 811-07332         |
| BlackRock China A Opportunities Fund                         | 811-05742         |
| BlackRock LifePath Dynamic 2045 Fund                         | 811-07332         |
| BlackRock Short Duration Muni Fund                           | 811-02688         |
| iShares Large Cap Core Active ETF                            | 811-23402         |
| BlackRock Inflation Protected Bond Portfolio                 | 811-23339         |
| iShares Russell Small/Mid-Cap Index Fund                     | 811-05742         |
| iShares Short-Term California Muni Active ETF                | 811-23511         |
| BlackRock Real Estate Securities Fund                        | 811-05742         |
| BlackRock LifePath Dynamic 2055 Fund                         | 811-07332         |
| BlackRock Emerging Markets Fund, Inc.                        | 811-05723         |
| iShares U.S. Equity Factor Rotation Active ETF               | 811-23402         |
| BlackRock Natural Resources Trust                            | 811-04282         |
| BlackRock Global Allocation Portfolio                        | 811-03091         |
| BlackRock National Municipal Fund                            | 811-02688         |
| iShares BBB-B CLO Active ETF                                 | 811-23511         |
| BlackRock LifePath ESG Index 2055 Fund                       | 811-07332         |
| iShares Large Cap Value Active ETF                           | 811-23402         |
| iShares Total U.S. Stock Market Index Fund                   | 811-05742         |
| iShares Developed Real Estate Index Fund                     | 811-05742         |
| International Tilts Master Portfolio                         | 811-08162         |
| iShares Technology Opportunities Active ETF                  | 811-23402         |
| BlackRock U.S. Carbon Transition Readiness ETF               | 811-23402         |
| iShares Short-Term TIPS Bond Index Fund                      | 811-05742         |
| BlackRock International Index V.I. Fund                      | 811-03290         |
| BlackRock California Municipal Opportunities Fund            | 811-04264         |
| BATS: Series M Portfolio                                     | 811-21457         |
| BlackRock Sustainable Aware Advantage Global Equity Fund     | 811-05742         |
| BlackRock Large Cap Focus Growth V.I. Fund                   | 811-03290         |
| BlackRock GA Disciplined Volatility Equity Fund              | 811-21763         |
| BlackRock High Yield Portfolio                               | 811-23345         |
| BlackRock Impact Mortgage Fund                               | 811-23339         |
| BATS: Series C Portfolio                                     | 811-21457         |
| iShares Municipal Bond Index Fund                            | 811-05742         |
| iShares Russell Mid-Cap Index Fund                           | 811-05742         |
| BlackRock LifePath Index 2035 Fund                           | 811-07332         |
| iShares U.S. Long Credit Bond Index Fund                     | 811-05742         |
| BlackRock Dynamic High Income Portfolio                      | 811-22061         |
| BlackRock LifePath Index 2065 Fund                           | 811-07332         |
| iShares U.S. Long Government Bond Index Fund                 | 811-05742         |
| BlackRock Multi-Asset Income Portfolio                       | 811-22061         |
| BlackRock Allocation Target Shares: Series I Portfolio       | 811-21457         |
| BlackRock LifePath Dynamic 2070 Fund                         | 811-07332         |
| BlackRock 60/40 Target Allocation Fund                       | 811-22061         |
| BlackRock LifePath Dynamic 2030 Fund                         | 811-07332         |
| iShares Managed Futures Active ETF-Aggregate                 | 811-23402         |
| Advantage CoreAlpha Bond Master Portfolio                    | 811-23343         |
| BlackRock High Equity Income Fund                            | 811-05742         |
| BlackRock Strategic Global Bond Fund, Inc.                   | 811-05603         |
| BlackRock Core Bond Portfolio                                | 811-23339         |
| BlackRock International Fund                                 | 811-08797         |
| BlackRock U.S. Insights Long/Short Equity Fund               | 811-05742         |
| BlackRock Exchange Portfolio                                 | 811-05742         |
| BlackRock Retirement Income 2030 Fund                        | 811-22061         |
| BlackRock U.S. Mortgage Portfolio                            | 811-23340         |
| BlackRock LifePath Index 2040 Fund                           | 811-07332         |
| BlackRock LifePath ESG Index 2040 Fund                       | 811-07332         |
| BlackRock LifePath Dynamic 2065 Fund                         | 811-07332         |
| BlackRock Defensive Advantage Emerging Markets Fund          | 811-05742         |
| BlackRock International Select Equity Fund                   | 811-04612         |
| BlackRock Retirement Income 2040 Fund                        | 811-22061         |
| BlackRock Event Driven Equity Fund                           | 811-09637         |
| BATS: Series V Portfolio                                     | 811-21457         |
| BlackRock Advantage Small Cap Growth Fund                    | 811-05742         |
| iShares High Yield Muni Active ETF                           | 811-23511         |
| BlackRock Sustainable High Yield Bond Fund                   | 811-23339         |
| BlackRock Advantage Large Cap Value V.I. Fund                | 811-03290         |
| BlackRock Total Return Fund                                  | 811-02857         |
| BlackRock Energy Opportunities Fund                          | 811-05742         |
| BlackRock Tactical Opportunities Fund                        | 811-05742         |
| BlackRock Health Sciences Opportunities Portfolio            | 811-05742         |
| BlackRock Mortgage-Backed Securities Fund                    | 811-23339         |
| BlackRock Large Cap Focus Growth Fund, Inc.                  | 811-09651         |
| S&P 500 Index Master Portfolio                               | 811-08162         |
| BlackRock LifePath Dynamic 2060 Fund                         | 811-07332         |
| BlackRock LifePath ESG Index Retirement Fund                 | 811-07332         |
| BlackRock LifePath Index 2055 Fund                           | 811-07332         |
| iShares AAA CLO Active ETF                                   | 811-23511         |
| iShares High Yield Active ETF                                | 811-23511         |
| BlackRock Diversified Fixed Income Fund                      | 811-07332         |
| BlackRock LifePath ESG Index 2065 Fund                       | 811-07332         |
| BlackRock Emerging Markets ex-China Fund                     | 811-05742         |
| BlackRock Impact Municipal Fund                              | 811-02688         |
| BlackRock Low Duration Bond Portfolio                        | 811-23339         |
| BlackRock Small Cap Index V.I. Fund                          | 811-03290         |
| BlackRock LifePath ESG Index 2030 Fund                       | 811-07332         |
| iShares U.S. Thematic Rotation Active ETF                    | 811-23402         |
| iShares U.S. Intermediate Government Bond Index Fund         | 811-05742         |
| BlackRock Sustainable Total Return Fund                      | 811-02857         |
| BlackRock Strategic Income Opportunities Portfolio           | 811-23339         |
| BlackRock Advantage SMID Cap V.I. Fund                       | 811-03290         |
| BlackRock LifePath ESG Index 2050 Fund                       | 811-07332         |
| iShares U.S. Select Equity Active ETF                        | 811-23402         |
| BlackRock New York Municipal Opportunities Fund              | 811-04375         |
| BlackRock Advantage Large Cap Value Fund                     | 811-09637         |
| BlackRock High Yield V.I. Fund                               | 811-23346         |
| BlackRock Floating Rate Income Portfolio                     | 811-23339         |
| Large Cap Index Master Portfolio                             | 811-08162         |
| BlackRock Balanced Portfolio                                 | 811-03091         |
| BlackRock LifePath Dynamic Retirement Fund                   | 811-07332         |
| BlackRock High Yield Portfolio                               | 811-23339         |
| BlackRock Total Return V.I. Fund                             | 811-23346         |
| BlackRock LifePath ESG Index 2060 Fund                       | 811-07332         |
| BATS: Series E Portfolio                                     | 811-21457         |
| BlackRock Managed Income Fund                                | 811-22061         |
| iShares Flexible Income Active ETF                           | 811-23511         |
| BlackRock LifePath ESG Index 2070 Fund                       | 811-07332         |
| iShares High Yield Muni Income Active ETF                    | 811-23511         |
| iShares FinTech Active ETF                                   | 811-23402         |
| BlackRock Advantage Small Cap Core Fund                      | 811-05742         |
| BATS: Series S Portfolio                                     | 811-21457         |
| BlackRock Income Fund                                        | 811-23339         |
| iShares FTSE NAREIT All Equity REIT Index Fund               | 811-05742         |
| BlackRock Systematic Multi-Strategy Fund                     | 811-23341         |
| BlackRock Strategic Municipal Opportunities Fund             | 811-04802         |
| iShares U.S. Securitized Bond Index Fund                     | 811-05742         |
| BlackRock Managed Volatility V.I. Fund                       | 811-03290         |
| iShares Floating Rate Loan Active ETF                        | 811-23511         |
| BlackRock 40/60 Target Allocation Fund                       | 811-22061         |
| BlackRock Sustainable Emerging Markets Equity Fund           | 811-02661         |
| iShares International Dividend Active ETF                    | 811-23402         |
| iShares International Country Rotation Active ETF            | 811-23402         |
| BlackRock Mid-Cap Growth Equity Portfolio                    | 811-05742         |
| BlackRock LifePath Index 2030 Fund                           | 811-07332         |
| BlackRock Advantage Global Fund, Inc.                        | 811-07171         |
| BlackRock Sustainable Advantage Emerging Markets Equity Fund | 811-05742         |
| BlackRock Sustainable Advantage International Equity Fund    | 811-05742         |
| BlackRock Capital Appreciation V.I. Fund                     | 811-03290         |
| U.S. Total Bond Index Master Portfolio                       | 811-08162         |
| BlackRock Pennsylvania Municipal Bond Fund                   | 811-04375         |
| BlackRock Large Cap Focus Value Fund, Inc.                   | 811-02739         |
| iShares MSCI EAFE International Index Fund                   | 811-07899         |
| BlackRock Commodity Strategies Fund                          | 811-05742         |
| BlackRock Basic Value V.I. Fund                              | 811-03290         |
| BlackRock LifePath Index 2060 Fund                           | 811-07332         |
| iShares Advantage Large Cap Income ETF                       | 811-23402         |
| BATS: Series P Portfolio                                     | 811-21457         |
| BlackRock 80/20 Target Allocation Fund                       | 811-22061         |
| BlackRock Global Dividend Portfolio                          | 811-22061         |
| BlackRock LifePath Index 2045 Fund                           | 811-07332         |
| iShares U.S. Intermediate Credit Bond Index Fund             | 811-05742         |
| BlackRock LifePath ESG Index 2035 Fund                       | 811-07332         |
| BlackRock LifePath Index 2050 Fund                           | 811-07332         |
| BlackRock Global Equity Market Neutral Fund                  | 811-05742         |
| BlackRock Global Allocation Fund, Inc.                       | 811-05576         |
| BlackRock International V.I. Fund                            | 811-03290         |
| BlackRock Advantage Large Cap Core Fund                      | 811-09637         |
| BlackRock Unconstrained Equity Fund                          | 811-21759         |
| BlackRock Advantage International Fund                       | 811-05742         |
| BlackRock S&P 500 Index V.I. Fund                            | 811-03290         |
| Total International Ex U.S. Index Master Portfolio           | 811-08162         |
| iShares Large Cap Growth Active ETF                          | 811-23402         |
| iShares Large Cap Moderate Buffer ETF                        | 811-23511         |
| BlackRock Balanced Fund, Inc.                                | 811-02405         |
| BlackRock Credit Relative Value Fund                         | 811-23341         |
| iShares Total Return Active ETF                              | 811-23511         |
| BlackRock Capital Appreciation Fund, Inc.                    | 811-06669         |
| BlackRock Equity Dividend Fund                               | 811-05178         |
| BlackRock New Jersey Municipal Bond Fund                     | 811-04375         |
| BlackRock 60/40 Target Allocation ETF V.I. Fund              | 811-03290         |
| BlackRock World ex U.S. Carbon Transition Readiness ETF      | 811-23402         |
| BlackRock LifePath Dynamic 2040 Fund                         | 811-07332         |
| iShares Intermediate Muni Income Active ETF                  | 811-23511         |
| BlackRock 20/80 Target Allocation Fund                       | 811-22061         |
| iShares Enhanced Short-Term Bond Active ETF                  | 811-23402         |
| iShares Health Innovation Active ETF                         | 811-23402         |
| Master Small Cap Index Series                                | 811-07885         |
| BlackRock Advantage Large Cap Core Portfolio                 | 811-03091         |
| BlackRock Global Allocation V.I. Fund                        | 811-03290         |
| BlackRock LifePath ESG Index 2045 Fund                       | 811-07332         |
| BlackRock Advantage Emerging Markets Fund                    | 811-05742         |
| Diversified Equity Master Portfolio                          | 811-08162         |
| BlackRock Advantage Large Cap Growth Fund                    | 811-05742         |
| BlackRock LifePath Dynamic 2050 Fund                         | 811-07332         |
| BlackRock Equity Dividend V.I. Fund                          | 811-03290         |
| BlackRock Short Obligations Fund                             | 811-05742         |
| BlackRock LifePath Index Retirement Fund                     | 811-07332         |
| BlackRock Capital Appreciation Portfolio                     | 811-03091         |
| iShares Enhanced Roll Yield Index Fund                       | 811-05742         |
| BlackRock GA Dynamic Equity Fund                             | 811-21763         |
| BlackRock Mid-Cap Value Fund                                 | 811-07177         |
| BlackRock Sustainable Advantage Large Cap Core Fund          | 811-05742         |
| BATS: Series A Portfolio                                     | 811-21457         |
| iShares A.I. Innovation and Tech Active ETF                  | 811-23402         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

## Part E: Additional Questions for ETFs and ETMFs

### iShares Flexible Income Active ETF

**Item E.1 - Exchange**

- **Exchange:** ARCX

- **Ticker:** BINC

**Item E.2 - Authorized Participants**

| Name                                  | Purchase Value    | Redeem Value   |
|:---|:---|:---|
| Macquarie Capital (USA) Inc.          | $412,471,937.60   | $25,598,725.90 |
| Mirae Asset Securities (USA) Inc.     | $0.00             | $0.00          |
| State Street Global Markets, LLC      | $0.00             | $0.00          |
| Deutsche Bank Securities Inc.         | $0.00             | $0.00          |
| Jefferies LLC                         | $84,905,788.60    | $38,389,382.25 |
| Citigroup Global Markets Inc.         | $10,477,485.35    | $0.00          |
| J.P. Morgan Securities LLC            | $0.00             | $0.00          |
| Nomura Securities International, Inc. | $0.00             | $0.00          |
| HSBC Securities (USA) Inc.            | $0.00             | $0.00          |
| Cowen and Company, LLC                | $0.00             | $0.00          |
| BMO Capital Markets Corp.             | $288,772,909.10   | $0.00          |
| BNP Paribas Securities Corp.          | $0.00             | $0.00          |
| UBS Securities LLC                    | $0.00             | $0.00          |
| Wells Fargo Securities, LLC           | $0.00             | $0.00          |
| Virtu Americas LLC                    | $299,304,506.40   | $0.00          |
| Pershing LLC                          | $7,938,946.80     | $0.00          |
| Morgan Stanley & Co. LLC              | $0.00             | $0.00          |
| Citadel Securities LLC                | $0.00             | $0.00          |
| SG Americas Securities, LLC           | $0.00             | $0.00          |
| TD Prime Services LLC                 | $0.00             | $0.00          |
| Jane Street Capital, LLC              | $2,278,043,809.55 | $43,772,967.80 |
| BofA Securities, Inc.                 | $824,334,443.95   | $20,534,655.20 |
| Barclays Capital Inc.                 | $0.00             | $0.00          |
| RBC Capital Markets, LLC              | $0.00             | $0.00          |
| Cowen Execution Services LLC          | $0.00             | $0.00          |
| ABN AMRO Clearing USA LLC             | $0.00             | $0.00          |
| Scotia Capital (USA) Inc.             | $0.00             | $0.00          |
| ITAU BBA USA Securities, Inc.         | $0.00             | $0.00          |
| BNY Capital Markets, LLC              | $0.00             | $0.00          |
| Goldman Sachs & Co. LLC               | $1,318,190,067.00 | $5,156,468.05  |
| Credit Suisse Securities (USA) LLC    | $0.00             | $0.00          |
| HRT Financial LP                      | $0.00             | $0.00          |
| CIBC World Markets Corp.              | $0.00             | $0.00          |
| Mizuho Securities USA LLC             | $0.00             | $0.00          |
| J.P. Morgan Securities LLC/JPMC       | $1,701,004,592.26 | $0.00          |

**Item E.3 - Creation Units**

- **a. Number of Fund shares required to form a creation unit:** 50,000.00

- **b.i. Average percentage of value composed of cash (purchased):** 97.91%

- **c.i. Average percentage of value composed of cash (redeemed):** 100.00%

- **d.i.2. Average transaction fee (dollars for one or more units, purchased):** $469.84

- **d.i.3. Average transaction fee (percentage of value, purchased):** 0.23%

- **Item E.5 - Is the Fund an 'In-Kind Exchange-Traded Fund'?** No

### iShares AAA CLO Active ETF

**Item E.1 - Exchange**

- **Exchange:** XNAS

- **Ticker:** CLOA

**Item E.2 - Authorized Participants**

| Name                                  | Purchase Value   | Redeem Value   |
|:---|:---|:---|
| BMO Capital Markets Corp.             | $10,340,601.70   | $0.00          |
| Mirae Asset Securities (USA) Inc.     | $0.00            | $0.00          |
| Cowen and Company, LLC                | $0.00            | $0.00          |
| Jefferies LLC                         | $0.00            | $0.00          |
| Cowen Execution Services LLC          | $0.00            | $0.00          |
| Citadel Securities LLC                | $0.00            | $0.00          |
| Nomura Securities International, Inc. | $0.00            | $0.00          |
| CIBC World Markets Corp.              | $0.00            | $0.00          |
| Morgan Stanley & Co. LLC              | $25,930,173.79   | $0.00          |
| BNY Capital Markets, LLC              | $0.00            | $0.00          |
| Macquarie Capital (USA) Inc.          | $0.00            | $0.00          |
| Wells Fargo Securities, LLC           | $0.00            | $0.00          |
| RBC Capital Markets, LLC              | $15,513,280.20   | $5,195,851.50  |
| J.P. Morgan Securities LLC            | $0.00            | $0.00          |
| Virtu Americas LLC                    | $25,932,197.60   | $15,447,837.70 |
| BofA Securities, Inc.                 | $212,399,855.60  | $0.00          |
| Jane Street Capital, LLC              | $87,815,767.30   | $10,396,239.60 |
| Goldman Sachs & Co. LLC               | $62,142,892.20   | $20,750,174.00 |
| SG Americas Securities, LLC           | $0.00            | $0.00          |
| State Street Global Markets, LLC      | $0.00            | $0.00          |
| Mizuho Securities USA LLC             | $0.00            | $0.00          |
| ITAU BBA USA Securities, Inc.         | $0.00            | $0.00          |
| HSBC Securities (USA) Inc.            | $0.00            | $0.00          |
| Credit Suisse Securities (USA) LLC    | $0.00            | $0.00          |
| ABN AMRO Clearing USA LLC             | $0.00            | $0.00          |
| Barclays Capital Inc.                 | $25,886,084.31   | $0.00          |
| BNP Paribas Securities Corp.          | $0.00            | $0.00          |
| Citigroup Global Markets Inc.         | $160,684,633.09  | $0.00          |
| Deutsche Bank Securities Inc.         | $0.00            | $0.00          |
| TD Prime Services LLC                 | $0.00            | $0.00          |
| Scotia Capital (USA) Inc.             | $0.00            | $0.00          |
| UBS Securities LLC                    | $0.00            | $0.00          |
| J.P. Morgan Securities LLC/JPMC       | $46,888,642.68   | $0.00          |
| HRT Financial LP                      | $0.00            | $0.00          |
| Pershing LLC                          | $0.00            | $0.00          |

**Item E.3 - Creation Units**

- **a. Number of Fund shares required to form a creation unit:** 100,000.00

- **b.i. Average percentage of value composed of cash (purchased):** 46.23%

- **c.i. Average percentage of value composed of cash (redeemed):** 100.00%

- **d.i.2. Average transaction fee (dollars for one or more units, purchased):** $303.80

- **d.i.3. Average transaction fee (percentage of value, purchased):** 0.05%

- **Item E.5 - Is the Fund an 'In-Kind Exchange-Traded Fund'?** No

### iShares Floating Rate Loan Active ETF

**Item E.1 - Exchange**

- **Exchange:** BATS

- **Ticker:** BRLN

**Item E.2 - Authorized Participants**

| Name                                  | Purchase Value   | Redeem Value   |
|:---|:---|:---|
| Cowen and Company, LLC                | $0.00            | $0.00          |
| TD Prime Services LLC                 | $0.00            | $0.00          |
| BNP Paribas Securities Corp.          | $0.00            | $0.00          |
| Credit Suisse Securities (USA) LLC    | $0.00            | $0.00          |
| BNY Capital Markets, LLC              | $0.00            | $0.00          |
| HSBC Securities (USA) Inc.            | $0.00            | $0.00          |
| SG Americas Securities, LLC           | $0.00            | $0.00          |
| UBS Securities LLC                    | $0.00            | $0.00          |
| Mirae Asset Securities (USA) Inc.     | $0.00            | $0.00          |
| ITAU BBA USA Securities, Inc.         | $0.00            | $0.00          |
| Pershing LLC                          | $0.00            | $0.00          |
| Jane Street Capital, LLC              | $7,841,107.10    | $2,529,692.20  |
| Deutsche Bank Securities Inc.         | $0.00            | $0.00          |
| State Street Global Markets, LLC      | $0.00            | $0.00          |
| Nomura Securities International, Inc. | $0.00            | $0.00          |
| Citadel Securities LLC                | $0.00            | $0.00          |
| Citigroup Global Markets Inc.         | $0.00            | $0.00          |
| Macquarie Capital (USA) Inc.          | $0.00            | $0.00          |
| Cowen Execution Services LLC          | $0.00            | $0.00          |
| J.P. Morgan Securities LLC            | $0.00            | $0.00          |
| CIBC World Markets Corp.              | $0.00            | $0.00          |
| Morgan Stanley & Co. LLC              | $0.00            | $0.00          |
| Wells Fargo Securities, LLC           | $0.00            | $0.00          |
| RBC Capital Markets, LLC              | $10,435,083.35   | $2,516,776.60  |
| Barclays Capital Inc.                 | $0.00            | $0.00          |
| J.P. Morgan Securities LLC/JPMC       | $0.00            | $0.00          |
| Mizuho Securities USA LLC             | $0.00            | $0.00          |
| Jefferies LLC                         | $0.00            | $0.00          |
| Goldman Sachs & Co. LLC               | $0.00            | $2,529,692.20  |
| BMO Capital Markets Corp.             | $0.00            | $0.00          |
| HRT Financial LP                      | $0.00            | $0.00          |
| Virtu Americas LLC                    | $0.00            | $0.00          |
| ABN AMRO Clearing USA LLC             | $0.00            | $0.00          |
| BofA Securities, Inc.                 | $0.00            | $0.00          |
| Scotia Capital (USA) Inc.             | $0.00            | $0.00          |

**Item E.3 - Creation Units**

- **a. Number of Fund shares required to form a creation unit:** 50,000.00

- **b.i. Average percentage of value composed of cash (purchased):** 100.00%

- **c.i. Average percentage of value composed of cash (redeemed):** 100.00%

- **d.i.2. Average transaction fee (dollars for one or more units, purchased):** $0.00

- **d.i.3. Average transaction fee (percentage of value, purchased):** 0.42%

- **Item E.5 - Is the Fund an 'In-Kind Exchange-Traded Fund'?** No

### iShares BBB-B CLO Active ETF

**Item E.1 - Exchange**

- **Exchange:** XNAS

- **Ticker:** BCLO

**Item E.2 - Authorized Participants**

| Name                                  | Purchase Value   | Redeem Value   |
|:---|:---|:---|
| BofA Securities, Inc.                 | $50,000,000.00   | $0.00          |
| BNP Paribas Securities Corp.          | $0.00            | $0.00          |
| Virtu Americas LLC                    | $0.00            | $0.00          |
| Scotia Capital (USA) Inc.             | $0.00            | $0.00          |
| UBS Securities LLC                    | $0.00            | $0.00          |
| RBC Capital Markets, LLC              | $5,000,515.40    | $0.00          |
| SG Americas Securities, LLC           | $0.00            | $0.00          |
| Cowen Execution Services LLC          | $0.00            | $0.00          |
| Citigroup Global Markets Inc.         | $0.00            | $0.00          |
| Goldman Sachs & Co. LLC               | $0.00            | $0.00          |
| Mizuho Securities USA LLC             | $0.00            | $0.00          |
| Credit Suisse Securities (USA) LLC    | $0.00            | $0.00          |
| HRT Financial LP                      | $0.00            | $0.00          |
| Macquarie Capital (USA) Inc.          | $0.00            | $0.00          |
| Morgan Stanley & Co. LLC              | $0.00            | $0.00          |
| Deutsche Bank Securities Inc.         | $0.00            | $0.00          |
| TD Prime Services LLC                 | $0.00            | $0.00          |
| BNY Capital Markets, LLC              | $0.00            | $0.00          |
| CIBC World Markets Corp.              | $0.00            | $0.00          |
| J.P. Morgan Securities LLC            | $0.00            | $0.00          |
| HSBC Securities (USA) Inc.            | $0.00            | $0.00          |
| Citadel Securities LLC                | $0.00            | $0.00          |
| Pershing LLC                          | $0.00            | $0.00          |
| ITAU BBA USA Securities, Inc.         | $0.00            | $0.00          |
| Mirae Asset Securities (USA) Inc.     | $0.00            | $0.00          |
| Nomura Securities International, Inc. | $0.00            | $0.00          |
| Wells Fargo Securities, LLC           | $0.00            | $0.00          |
| Jefferies LLC                         | $0.00            | $0.00          |
| BMO Capital Markets Corp.             | $0.00            | $0.00          |
| ABN AMRO Clearing USA LLC             | $0.00            | $0.00          |
| Jane Street Capital, LLC              | $9,960,252.30    | $0.00          |
| State Street Global Markets, LLC      | $0.00            | $0.00          |
| J.P. Morgan Securities LLC/JPMC       | $0.00            | $0.00          |
| Barclays Capital Inc.                 | $0.00            | $0.00          |
| Cowen and Company, LLC                | $0.00            | $0.00          |

**Item E.3 - Creation Units**

- **a. Number of Fund shares required to form a creation unit:** 100,000.00

- **b.i. Average percentage of value composed of cash (purchased):** 100.00%

- **c.i. Average percentage of value composed of cash (redeemed):** 0.00%

- **d.i.2. Average transaction fee (dollars for one or more units, purchased):** $0.00

- **d.i.3. Average transaction fee (percentage of value, purchased):** 0.35%

- **Item E.5 - Is the Fund an 'In-Kind Exchange-Traded Fund'?** No

### iShares Short-Term California Muni Active ETF

**Item E.1 - Exchange**

- **Exchange:** XNAS

- **Ticker:** CALI

**Item E.2 - Authorized Participants**

| Name                                  | Purchase Value   | Redeem Value   |
|:---|:---|:---|
| ITAU BBA USA Securities, Inc.         | $0.00            | $0.00          |
| Jefferies LLC                         | $0.00            | $0.00          |
| Deutsche Bank Securities Inc.         | $0.00            | $0.00          |
| TD Prime Services LLC                 | $0.00            | $0.00          |
| Morgan Stanley & Co. LLC              | $0.00            | $0.00          |
| CIBC World Markets Corp.              | $0.00            | $0.00          |
| J.P. Morgan Securities LLC/JPMC       | $0.00            | $0.00          |
| Barclays Capital Inc.                 | $0.00            | $0.00          |
| HSBC Securities (USA) Inc.            | $0.00            | $0.00          |
| BofA Securities, Inc.                 | $4,988,772.70    | $0.00          |
| Scotia Capital (USA) Inc.             | $0.00            | $0.00          |
| Goldman Sachs & Co. LLC               | $0.00            | $5,012,513.30  |
| Nomura Securities International, Inc. | $0.00            | $0.00          |
| SG Americas Securities, LLC           | $0.00            | $0.00          |
| J.P. Morgan Securities LLC            | $0.00            | $0.00          |
| UBS Securities LLC                    | $0.00            | $0.00          |
| Credit Suisse Securities (USA) LLC    | $0.00            | $0.00          |
| Pershing LLC                          | $0.00            | $0.00          |
| Mirae Asset Securities (USA) Inc.     | $0.00            | $0.00          |
| BNY Capital Markets, LLC              | $0.00            | $0.00          |
| HRT Financial LP                      | $0.00            | $0.00          |
| Macquarie Capital (USA) Inc.          | $10,067,034.20   | $0.00          |
| Cowen Execution Services LLC          | $0.00            | $0.00          |
| ABN AMRO Clearing USA LLC             | $0.00            | $0.00          |
| RBC Capital Markets, LLC              | $0.00            | $0.00          |
| Mizuho Securities USA LLC             | $0.00            | $0.00          |
| Wells Fargo Securities, LLC           | $0.00            | $0.00          |
| Jane Street Capital, LLC              | $85,330,104.90   | $0.00          |
| Virtu Americas LLC                    | $2,514,440.65    | $0.00          |
| BNP Paribas Securities Corp.          | $0.00            | $0.00          |
| Cowen and Company, LLC                | $0.00            | $0.00          |
| State Street Global Markets, LLC      | $0.00            | $0.00          |
| BMO Capital Markets Corp.             | $0.00            | $0.00          |
| Citigroup Global Markets Inc.         | $0.00            | $0.00          |
| Citadel Securities LLC                | $0.00            | $0.00          |

**Item E.3 - Creation Units**

- **a. Number of Fund shares required to form a creation unit:** 50,000.00

- **b.i. Average percentage of value composed of cash (purchased):** 100.00%

- **c.i. Average percentage of value composed of cash (redeemed):** 100.00%

- **d.i.2. Average transaction fee (dollars for one or more units, purchased):** $0.00

- **d.i.3. Average transaction fee (percentage of value, purchased):** 0.05%

- **Item E.5 - Is the Fund an 'In-Kind Exchange-Traded Fund'?** No

### iShares Intermediate Muni Income Active ETF

**Item E.1 - Exchange**

- **Exchange:** ARCX

- **Ticker:** INMU

**Item E.2 - Authorized Participants**

| Name                                  | Purchase Value   | Redeem Value   |
|:---|:---|:---|
| J.P. Morgan Securities LLC/JPMC       | $4,656,924.80    | $0.00          |
| ABN AMRO Clearing USA LLC             | $0.00            | $0.00          |
| Jane Street Capital, LLC              | $42,373,573.40   | $2,371,655.80  |
| Pershing LLC                          | $0.00            | $0.00          |
| RBC Capital Markets, LLC              | $0.00            | $0.00          |
| Jefferies LLC                         | $0.00            | $0.00          |
| HRT Financial LP                      | $0.00            | $0.00          |
| Citigroup Global Markets Inc.         | $0.00            | $0.00          |
| Scotia Capital (USA) Inc.             | $0.00            | $0.00          |
| Barclays Capital Inc.                 | $0.00            | $0.00          |
| ITAU BBA USA Securities, Inc.         | $0.00            | $0.00          |
| State Street Global Markets, LLC      | $0.00            | $0.00          |
| SG Americas Securities, LLC           | $0.00            | $0.00          |
| Cowen Execution Services LLC          | $0.00            | $0.00          |
| Mizuho Securities USA LLC             | $0.00            | $0.00          |
| BofA Securities, Inc.                 | $25,473,120.00   | $0.00          |
| Morgan Stanley & Co. LLC              | $0.00            | $0.00          |
| Deutsche Bank Securities Inc.         | $0.00            | $0.00          |
| Nomura Securities International, Inc. | $0.00            | $0.00          |
| CIBC World Markets Corp.              | $0.00            | $0.00          |
| TD Prime Services LLC                 | $0.00            | $0.00          |
| Credit Suisse Securities (USA) LLC    | $0.00            | $0.00          |
| BNP Paribas Securities Corp.          | $0.00            | $0.00          |
| UBS Securities LLC                    | $0.00            | $0.00          |
| HSBC Securities (USA) Inc.            | $0.00            | $0.00          |
| Virtu Americas LLC                    | $18,656,396.20   | $0.00          |
| Mirae Asset Securities (USA) Inc.     | $0.00            | $0.00          |
| Wells Fargo Securities, LLC           | $0.00            | $0.00          |
| Cowen and Company, LLC                | $0.00            | $0.00          |
| BMO Capital Markets Corp.             | $0.00            | $0.00          |
| J.P. Morgan Securities LLC            | $0.00            | $0.00          |
| Macquarie Capital (USA) Inc.          | $0.00            | $0.00          |
| Goldman Sachs & Co. LLC               | $7,024,727.10    | $0.00          |
| Citadel Securities LLC                | $0.00            | $0.00          |
| BNY Capital Markets, LLC              | $0.00            | $0.00          |

**Item E.3 - Creation Units**

- **a. Number of Fund shares required to form a creation unit:** 100,000.00

- **b.i. Average percentage of value composed of cash (purchased):** 100.00%

- **c.i. Average percentage of value composed of cash (redeemed):** 100.00%

- **d.i.2. Average transaction fee (dollars for one or more units, purchased):** $0.00

- **d.i.3. Average transaction fee (percentage of value, purchased):** 0.18%

- **Item E.5 - Is the Fund an 'In-Kind Exchange-Traded Fund'?** No

### iShares Short Duration High Yield Muni Active ETF

**Item E.1 - Exchange**

- **Exchange:** BATS

- **Ticker:** SHYM

**Item E.2 - Authorized Participants**

| Name                                  | Purchase Value   | Redeem Value   |
|:---|:---|:---|
| BNP Paribas Securities Corp.          | $0.00            | $0.00          |
| Jane Street Capital, LLC              | $173,714,240.90  | $2,225,851.00  |
| ITAU BBA USA Securities, Inc.         | $0.00            | $0.00          |
| Macquarie Capital (USA) Inc.          | $19,929,716.60   | $0.00          |
| Wells Fargo Securities, LLC           | $0.00            | $0.00          |
| ABN AMRO Clearing USA LLC             | $0.00            | $0.00          |
| Scotia Capital (USA) Inc.             | $0.00            | $0.00          |
| Pershing LLC                          | $0.00            | $0.00          |
| Barclays Capital Inc.                 | $0.00            | $0.00          |
| RBC Capital Markets, LLC              | $0.00            | $0.00          |
| Credit Suisse Securities (USA) LLC    | $0.00            | $0.00          |
| CIBC World Markets Corp.              | $0.00            | $0.00          |
| HSBC Securities (USA) Inc.            | $0.00            | $0.00          |
| BNY Capital Markets, LLC              | $0.00            | $0.00          |
| BMO Capital Markets Corp.             | $0.00            | $0.00          |
| TD Prime Services LLC                 | $0.00            | $0.00          |
| J.P. Morgan Securities LLC            | $0.00            | $0.00          |
| HRT Financial LP                      | $0.00            | $0.00          |
| Morgan Stanley & Co. LLC              | $0.00            | $0.00          |
| Cowen Execution Services LLC          | $0.00            | $0.00          |
| Mirae Asset Securities (USA) Inc.     | $0.00            | $0.00          |
| Nomura Securities International, Inc. | $0.00            | $0.00          |
| BofA Securities, Inc.                 | $25,103,364.30   | $2,196,847.40  |
| Citadel Securities LLC                | $0.00            | $0.00          |
| Goldman Sachs & Co. LLC               | $9,114,602.80    | $0.00          |
| J.P. Morgan Securities LLC/JPMC       | $0.00            | $0.00          |
| Cowen and Company, LLC                | $0.00            | $0.00          |
| Jefferies LLC                         | $0.00            | $0.00          |
| Deutsche Bank Securities Inc.         | $0.00            | $0.00          |
| Virtu Americas LLC                    | $11,346,402.30   | $4,441,515.80  |
| UBS Securities LLC                    | $0.00            | $0.00          |
| Mizuho Securities USA LLC             | $0.00            | $0.00          |
| Citigroup Global Markets Inc.         | $0.00            | $0.00          |
| SG Americas Securities, LLC           | $0.00            | $0.00          |
| State Street Global Markets, LLC      | $0.00            | $0.00          |

**Item E.3 - Creation Units**

- **a. Number of Fund shares required to form a creation unit:** 100,000.00

- **b.i. Average percentage of value composed of cash (purchased):** 100.00%

- **c.i. Average percentage of value composed of cash (redeemed):** 100.00%

- **d.i.2. Average transaction fee (dollars for one or more units, purchased):** $0.00

- **d.i.3. Average transaction fee (percentage of value, purchased):** 0.50%

- **Item E.5 - Is the Fund an 'In-Kind Exchange-Traded Fund'?** No

### iShares Total Return Active ETF

**Item E.1 - Exchange**

- **Exchange:** XNAS

- **Ticker:** BRTR

**Item E.2 - Authorized Participants**

| Name                                  | Purchase Value   | Redeem Value   |
|:---|:---|:---|
| Nomura Securities International, Inc. | $0.00            | $0.00          |
| Mirae Asset Securities (USA) Inc.     | $0.00            | $0.00          |
| State Street Global Markets, LLC      | $0.00            | $0.00          |
| Wells Fargo Securities, LLC           | $0.00            | $0.00          |
| Credit Suisse Securities (USA) LLC    | $0.00            | $0.00          |
| Barclays Capital Inc.                 | $0.00            | $0.00          |
| Macquarie Capital (USA) Inc.          | $0.00            | $0.00          |
| Goldman Sachs & Co. LLC               | $12,901,982.40   | $0.00          |
| BofA Securities, Inc.                 | $44,715,445.20   | $0.00          |
| Cowen Execution Services LLC          | $0.00            | $0.00          |
| Virtu Americas LLC                    | $2,456,785.45    | $0.00          |
| Scotia Capital (USA) Inc.             | $0.00            | $0.00          |
| BMO Capital Markets Corp.             | $0.00            | $0.00          |
| Mizuho Securities USA LLC             | $0.00            | $0.00          |
| BNY Capital Markets, LLC              | $0.00            | $0.00          |
| Morgan Stanley & Co. LLC              | $0.00            | $0.00          |
| Citigroup Global Markets Inc.         | $0.00            | $0.00          |
| Pershing LLC                          | $0.00            | $0.00          |
| CIBC World Markets Corp.              | $0.00            | $0.00          |
| TD Prime Services LLC                 | $0.00            | $0.00          |
| ABN AMRO Clearing USA LLC             | $0.00            | $0.00          |
| BNP Paribas Securities Corp.          | $0.00            | $0.00          |
| HSBC Securities (USA) Inc.            | $0.00            | $0.00          |
| J.P. Morgan Securities LLC            | $0.00            | $0.00          |
| J.P. Morgan Securities LLC/JPMC       | $0.00            | $0.00          |
| UBS Securities LLC                    | $0.00            | $0.00          |
| Citadel Securities LLC                | $0.00            | $0.00          |
| Jane Street Capital, LLC              | $107,004,994.25  | $0.00          |
| ITAU BBA USA Securities, Inc.         | $0.00            | $0.00          |
| Deutsche Bank Securities Inc.         | $0.00            | $0.00          |
| Jefferies LLC                         | $0.00            | $0.00          |
| RBC Capital Markets, LLC              | $0.00            | $0.00          |
| Cowen and Company, LLC                | $0.00            | $0.00          |
| SG Americas Securities, LLC           | $0.00            | $0.00          |
| HRT Financial LP                      | $0.00            | $0.00          |

**Item E.3 - Creation Units**

- **a. Number of Fund shares required to form a creation unit:** 50,000.00

- **b.i. Average percentage of value composed of cash (purchased):** 100.00%

- **c.i. Average percentage of value composed of cash (redeemed):** 0.00%

- **d.i.2. Average transaction fee (dollars for one or more units, purchased):** $0.00

- **d.i.3. Average transaction fee (percentage of value, purchased):** 0.20%

- **Item E.5 - Is the Fund an 'In-Kind Exchange-Traded Fund'?** No

### iShares Large Cap Moderate Buffer ETF

**Item E.1 - Exchange**

- **Exchange:** BATS

- **Ticker:** IVVM

**Item E.2 - Authorized Participants**

| Name                                  | Purchase Value   | Redeem Value   |
|:---|:---|:---|
| HRT FINANCIAL LP                      | $0.00            | $0.00          |
| Mirae Asset Securities (USA) Inc.     | $0.00            | $0.00          |
| Mizuho Securities USA LLC             | $0.00            | $0.00          |
| Cowen and Company, LLC                | $0.00            | $0.00          |
| SG Americas Securities, LLC           | $0.00            | $0.00          |
| ABN AMRO Clearing USA LLC             | $0.00            | $0.00          |
| State Street Global Markets, LLC      | $0.00            | $0.00          |
| Goldman Sachs & Co. LLC               | $33,044,560.64   | $0.00          |
| Morgan Stanley & Co. LLC              | $0.00            | $0.00          |
| HSBC Securities (USA) Inc.            | $0.00            | $0.00          |
| UBS Securities LLC                    | $0.00            | $0.00          |
| Wells Fargo Securities, LLC           | $0.00            | $0.00          |
| BNP Paribas Securities Corp.          | $0.00            | $0.00          |
| Macquarie Capital (USA) Inc.          | $0.00            | $0.00          |
| BMO Capital Markets Corp.             | $0.00            | $0.00          |
| TD Prime Services LLC                 | $0.00            | $0.00          |
| Citadel Securities LLC                | $0.00            | $0.00          |
| Jane Street Capital LLC               | $0.00            | $0.00          |
| CIBC World Markets Corp.              | $0.00            | $0.00          |
| J.P. Morgan Securities LLC            | $0.00            | $0.00          |
| Jefferies LLC                         | $0.00            | $0.00          |
| Barclays Capital Inc.                 | $0.00            | $0.00          |
| BofA Securities, Inc.                 | $62,571,798.08   | $43,694,814.84 |
| BNY Mellon Capital Markets, LLC       | $0.00            | $0.00          |
| Citigroup Global Markets, Inc.        | $0.00            | $0.00          |
| Nomura Securities International, Inc. | $0.00            | $0.00          |
| Scotia Capital (USA) Inc.             | $0.00            | $0.00          |
| Virtu Americas LLC                    | $0.00            | $0.00          |
| Deutsche Bank Securities Inc.         | $0.00            | $0.00          |
| RBC Capital Markets, LLC              | $0.00            | $0.00          |

**Item E.3 - Creation Units**

- **a. Number of Fund shares required to form a creation unit:** 40,000.00

- **b.i. Average percentage of value composed of cash (purchased):** 100.00%

- **c.i. Average percentage of value composed of cash (redeemed):** 7.42%

- **d.i.2. Average transaction fee (dollars for one or more units, purchased):** $0.00

- **d.i.3. Average transaction fee (percentage of value, purchased):** 0.00%

- **Item E.5 - Is the Fund an 'In-Kind Exchange-Traded Fund'?** No

### iShares Large Cap Deep Buffer ETF

**Item E.1 - Exchange**

- **Exchange:** BATS

- **Ticker:** IVVB

**Item E.2 - Authorized Participants**

| Name                                  | Purchase Value   | Redeem Value    |
|:---|:---|:---|
| BNY Mellon Capital Markets, LLC       | $0.00            | $0.00           |
| Virtu Americas LLC                    | $0.00            | $0.00           |
| TD Prime Services LLC                 | $0.00            | $0.00           |
| Morgan Stanley & Co. LLC              | $0.00            | $0.00           |
| BofA Securities, Inc.                 | $240,798,075.16  | $116,796,687.80 |
| Barclays Capital Inc.                 | $0.00            | $0.00           |
| Jefferies LLC                         | $0.00            | $0.00           |
| HRT FINANCIAL LP                      | $0.00            | $0.00           |
| Wells Fargo Securities, LLC           | $0.00            | $0.00           |
| Cowen and Company, LLC                | $0.00            | $0.00           |
| UBS Securities LLC                    | $0.00            | $0.00           |
| Deutsche Bank Securities Inc.         | $0.00            | $0.00           |
| RBC Capital Markets, LLC              | $0.00            | $0.00           |
| Goldman Sachs & Co. LLC               | $29,767,124.20   | $2,321,326.44   |
| BNP Paribas Securities Corp.          | $0.00            | $0.00           |
| Mirae Asset Securities (USA) Inc.     | $0.00            | $0.00           |
| Jane Street Capital LLC               | $0.00            | $0.00           |
| Citigroup Global Markets, Inc.        | $0.00            | $0.00           |
| HSBC Securities (USA) Inc.            | $0.00            | $0.00           |
| Citadel Securities LLC                | $0.00            | $0.00           |
| SG Americas Securities, LLC           | $0.00            | $0.00           |
| Macquarie Capital (USA) Inc.          | $0.00            | $0.00           |
| CIBC World Markets Corp.              | $0.00            | $0.00           |
| State Street Global Markets, LLC      | $0.00            | $0.00           |
| J.P. Morgan Securities LLC            | $0.00            | $0.00           |
| BMO Capital Markets Corp.             | $0.00            | $0.00           |
| Scotia Capital (USA) Inc.             | $0.00            | $0.00           |
| ABN AMRO Clearing USA LLC             | $0.00            | $0.00           |
| Mizuho Securities USA LLC             | $0.00            | $0.00           |
| Nomura Securities International, Inc. | $0.00            | $0.00           |

**Item E.3 - Creation Units**

- **a. Number of Fund shares required to form a creation unit:** 40,000.00

- **b.i. Average percentage of value composed of cash (purchased):** 100.00%

- **c.i. Average percentage of value composed of cash (redeemed):** 22.30%

- **d.i.2. Average transaction fee (dollars for one or more units, purchased):** $0.00

- **d.i.3. Average transaction fee (percentage of value, purchased):** 0.00%

- **Item E.5 - Is the Fund an 'In-Kind Exchange-Traded Fund'?** No

## N-CEN: Part G: Attachments

**Item G.1a. Attachments.**

Attachments applicable to all Registrants. All Registrants shall file the following attachments, as applicable, with the current report. Indicate the attachments filed with the current report by checking the applicable items below:

- [ ] i. Legal proceedings

- [ ] ii. Provision of financial support

- [x] iii. Independent public accountant's report on internal control (management investment companies other than small business investment companies only)

- [ ] iv. Change in accounting principles and practices

- [ ] v. Information required to be filed pursuant to exemptive orders

- [ ] vi. Other information required to be included as an attachment pursuant to Commission rules and regulations

## N-CEN: Signature

Pursuant to the requirements of the Investment Company Act of 1940, the Registrant has duly caused this report to a be signed on its behalf by the undersigned hereunto duly authorized.

**Registrant:** BlackRock ETF Trust II

**Date:** 2026-03-10

**Signature:** Chuck Pulsfort

**Title:** Assistant Treasurer