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        <name>WYOMING ST CMNTY DEV AUTH HSG</name>
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        <name>MARYLAND ST HLTH &amp; HGR EDUCTNL</name>
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          <maturityDt>2035-04-01</maturityDt>
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          <annualizedRt>2.50000000</annualizedRt>
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        <name>MISSISSIPPI ST BUSINESS FIN CO</name>
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          <isin value="US60528ABZ66"/>
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          <maturityDt>2035-11-01</maturityDt>
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          <isin value="US882723YT06"/>
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        <balance>100000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
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        <name>MASSACHUSETTSSTWTRR3.0506AUG25</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW YORK CITY NY MUNI WTR FIN</name>
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        <title>New York City Municipal Water Finance Authority</title>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-05-01</maturityDt>
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          <isin value="US88046KPP56"/>
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          <maturityDt>2040-12-01</maturityDt>
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          <maturityDt>2026-02-10</maturityDt>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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          <isin value="US45203HYX42"/>
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          <maturityDt>2046-12-01</maturityDt>
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      <invstOrSec>
        <name>SOUTH DAKOTA ST HSG DEV AUTH</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-11-01</maturityDt>
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          <annualizedRt>1.87000000</annualizedRt>
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      <invstOrSec>
        <name>OAKLAND UNIV MI REVENUE</name>
        <lei>549300O12XLW6O082V10</lei>
        <title>Oakland University</title>
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          <isin value="US673588DL06"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEBRASKA ST INVESTMENT FIN AUT</name>
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        <title>Nebraska Investment Finance Authority</title>
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          <isin value="US63968MQD47"/>
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        <balance>2525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2525000.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-09-01</maturityDt>
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          <annualizedRt>1.80000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IOWA ST FIN AUTH SF MTGE REVEN</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>Iowa Finance Authority</title>
        <cusip>462467RZ6</cusip>
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          <isin value="US462467RZ65"/>
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        <balance>1200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1200000.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.92000000</annualizedRt>
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      <invstOrSec>
        <name>COLORADO SPRINGS CO UTILITIES</name>
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        <title>City of Colorado Springs CO Utilities System Revenue</title>
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        <curCd>USD</curCd>
        <valUSD>1400000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.80000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MASSACHUSETTS BAY TRANS 3.0 10JUL25</name>
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        <title>MASSACHUSETTS BAY TRANS 3.0 10JUL25</title>
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          <isin value="US57559JAY91"/>
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        <curCd>USD</curCd>
        <valUSD>999998.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST FIN AUTH REVENUE</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
        <cusip>45200BHQ4</cusip>
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          <isin value="US45200BHQ41"/>
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        <balance>1895000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.80000000</annualizedRt>
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      <invstOrSec>
        <name>LEWISVILLE TX INDEP SCH DIST</name>
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        <title>Lewisville Independent School District</title>
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          <isin value="US52882PHB76"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-15</maturityDt>
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      <invstOrSec>
        <name>COOK CNTY IL CMNTY CONSOL SCHD</name>
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        <title>Cook County Community Consolidated School District No 64 Park Ridge-Niles</title>
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          <isin value="US213669KR40"/>
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        <valUSD>746479.46000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>CHARLOTTE-MECKLENBURG NC HOSPA</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-01-15</maturityDt>
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        <name>SOUTH CAROLINA ST HSG FIN &amp; DE</name>
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          <maturityDt>2058-12-01</maturityDt>
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        <name>ALASKA ST HSG FIN CORP</name>
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          <isin value="US0118326M90"/>
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        <name>INDIANA ST FIN AUTH HLTH SYS R</name>
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        <title>Indiana Finance Authority</title>
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          <isin value="US45470YBB65"/>
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        <name>LOUISIANA ST GAS &amp; FUELS TAX R</name>
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        <name>PINELLAS CNTY FL HSG FIN AUTH</name>
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        <name>DU PAGE CNTY IL FOREST PRESERV</name>
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        <invCountry>US</invCountry>
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        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CONNECTICUT ST HSG FIN AUTH HS</name>
        <lei>5493003DXX0NRJKSH186</lei>
        <title>Connecticut Housing Finance Authority</title>
        <cusip>20775B8C3</cusip>
        <identifiers>
          <isin value="US20775B8C34"/>
        </identifiers>
        <balance>725000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>725000.00000000</valUSD>
        <pctVal>0.620122394694</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.92000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SCHODACK NY CENTRL SCH DIST</name>
        <lei>N/A</lei>
        <title>Schodack Central School District</title>
        <cusip>806891KM8</cusip>
        <identifiers>
          <isin value="US806891KM87"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1000301.44000000</valUSD>
        <pctVal>0.855599068123</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LINCOLN NEB ELEC SYS RE 3.0 04AUG25</name>
        <lei>N/A</lei>
        <title>LINCOLN NEB ELEC SYS RE 3.0 04AUG25</title>
        <cusip>53427TGY0</cusip>
        <identifiers>
          <isin value="US53427TGY01"/>
        </identifiers>
        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2000076.60000000</valUSD>
        <pctVal>1.710747987261</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NORTH DAKOTA ST HSG FIN AGY</name>
        <lei>549300DVQAGW0B16JX70</lei>
        <title>North Dakota Housing Finance Agency</title>
        <cusip>658909JV9</cusip>
        <identifiers>
          <isin value="US658909JV92"/>
        </identifiers>
        <balance>2020000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2020000.00000000</valUSD>
        <pctVal>1.727789292804</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.97000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSITY TEX UNIV REV 3.0 30SEP25</name>
        <lei>N/A</lei>
        <title>UNIVERSITY TEX UNIV REV 3.0 30SEP25</title>
        <cusip>91514YFR9</cusip>
        <identifiers>
          <isin value="US91514YFR99"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>500050.70000000</valUSD>
        <pctVal>0.427713982831</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MAPLEWOOD TWP NJ</name>
        <lei>N/A</lei>
        <title>Township of Maplewood NJ</title>
        <cusip>565624NG4</cusip>
        <identifiers>
          <isin value="US565624NG47"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1002546.92000000</valUSD>
        <pctVal>0.857519719757</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>





      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-08-25</ncom:dateSigned>
      <ncom:nameOfApplicant>BlackRock Allocation Target Shares</ncom:nameOfApplicant>
      <ncom:signature>Chuck Pulsfort</ncom:signature>
      <ncom:signerName>Chuck Pulsfort</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
