| Schedule of Investments (unaudited) November 30, 2021 |
BlackRock MuniVest Fund, Inc. (MVF) (Percentages shown are based on Net Assets) |
| Security | |
Par (000) |
|
Value | ||||
| Municipal Bonds |
||||||||
| Alabama — 1.1% |
||||||||
| Black Belt Energy Gas District, Refunding RB, 4.00%, 06/01/51(a) |
$ | 3,595 | $ | 4,387,690 | ||||
| Selma Industrial Development Board, RB, Series A, 5.38%, 12/01/35 |
1,000 | 1,003,672 | ||||||
| Tuscaloosa County Industrial Development Authority, Refunding RB, Series A, 4.50%, 05/01/32(b) |
1,691 | 1,840,729 | ||||||
|
|
|
|||||||
| 7,232,091 | ||||||||
| Alaska — 0.5% | ||||||||
| City of Anchorage Alaska Electric Revenue, Refunding RB, Series A, Senior Lien, 5.00%, 12/01/24(c) |
3,000 | 3,408,723 | ||||||
|
|
|
|||||||
| Arizona — 4.5% | ||||||||
| Arizona Industrial Development Authority, RB, Series A, (BAM), 4.00%, 06/01/44 |
1,435 | 1,631,995 | ||||||
| Arizona Industrial Development Authority, Refunding RB(b) |
||||||||
| Series A, 5.38%, 07/01/50 |
2,500 | 2,836,845 | ||||||
| Series G, 5.00%, 07/01/47 |
715 | 819,449 | ||||||
| Glendale Industrial Development Authority, RB, 5.00%, 05/15/56 |
1,030 | 1,169,805 | ||||||
| Industrial Development Authority of the City of Phoenix, RB(c) |
||||||||
| 6.63%, 07/01/23 |
2,245 | 2,471,361 | ||||||
| 6.88%, 07/01/23 |
3,440 | 3,800,412 | ||||||
| Industrial Development Authority of the City of Phoenix, Refunding RB(b) |
||||||||
| 5.00%, 07/01/35 |
600 | 666,086 | ||||||
| 5.00%, 07/01/45 |
700 | 754,815 | ||||||
| Series A, 5.00%, 07/01/35 |
1,125 | 1,248,912 | ||||||
| Salt Verde Financial Corp., RB, 5.00%, 12/01/37 |
9,805 | 13,716,313 | ||||||
|
|
|
|||||||
| 29,115,993 | ||||||||
| Arkansas — 0.6% | ||||||||
| Arkansas Development Finance Authority, RB, Series A, AMT, 4.50%, 09/01/49(b) |
3,790 | 4,185,051 | ||||||
|
|
|
|||||||
| California — 4.0% | ||||||||
| California Community Choice Financing Authority RB, Series A, 4.00%, 10/01/52(a) |
3,005 | 3,473,570 | ||||||
| California Health Facilities Financing Authority, Refunding RB, Series A, 4.00%, 04/01/45 |
1,470 | 1,696,583 | ||||||
| California Housing Finance Agency, RB, M/F Housing Class A, 3.25%, 08/20/36 |
1,155 | 1,308,768 | ||||||
| Series 2021-1, Class A, 3.50%, 11/20/35 |
1,277 | 1,455,901 | ||||||
| California Infrastructure & Economic Development Bank, RB, Series D, 0.41%, 08/01/47(a) |
1,335 | 1,336,064 | ||||||
| California Municipal Finance Authority, ARB, AMT, Senior Lien, 5.00%, 12/31/43 |
2,800 | 3,314,771 | ||||||
| Golden State Tobacco Securitization Corp., Refunding RB |
||||||||
| Series A-1, 5.25%, 06/01/47 |
1,025 | 1,044,172 | ||||||
| Series A-2, 5.00%, 06/01/47 |
855 | 870,095 | ||||||
| Poway Unified School District, Refunding GO, CAB, Series B, 0.00%, 08/01/46(d) |
10,000 | 5,110,920 | ||||||
| San Francisco City & County Airport Comm-San Francisco International Airport, Refunding ARB, Series E, AMT, 5.00%, 05/01/50 |
5,000 | 6,072,145 | ||||||
|
|
|
|||||||
| 25,682,989 | ||||||||
| Colorado — 1.6% | ||||||||
| Centerra Metropolitan District No.1, TA, 5.00%, 12/01/47(b) |
1,025 | 1,072,740 | ||||||
| Security | |
Par (000) |
|
Value | ||||
| Colorado (continued) | ||||||||
| Colorado Health Facilities Authority, Refunding RB 4.00%, 11/15/43 |
$ | 2,320 | $ | 2,716,588 | ||||
| Series A, 5.00%, 08/01/44 |
3,840 | 4,779,045 | ||||||
| E-470 Public Highway Authority, Refunding RB, Series B, 0.38%, 09/01/39(a) |
510 | 509,768 | ||||||
| Serenity Ridge Metropolitan District No. 2, GO, Series A, 5.13%, 12/01/23(c) |
1,000 | 1,126,147 | ||||||
|
|
|
|||||||
| 10,204,288 | ||||||||
| Connecticut — 0.8% | ||||||||
| Connecticut State Health & Educational Facilities |
||||||||
| Authority, Refunding RB, Series 2015-A, 0.38%, 07/01/35(a) |
1,430 | 1,426,286 | ||||||
| State of Connecticut, GO, Series A, 5.00%, 04/15/38 |
3,325 | 4,089,248 | ||||||
|
|
|
|||||||
| 5,515,534 | ||||||||
| Delaware — 0.5% | ||||||||
| Delaware State Health Facilities Authority, RB, 5.00%, 06/01/43 |
2,780 | 3,332,942 | ||||||
|
|
|
|||||||
| District of Columbia — 0.6% | ||||||||
| Metropolitan Washington Airports Authority Aviation Revenue, Refunding ARB, Series A, AMT, 5.00%, 10/01/26 |
3,055 | 3,650,847 | ||||||
|
|
|
|||||||
| Florida — 5.6% | ||||||||
| Celebration Pointe Community Development District, SAB(b) |
||||||||
| 5.00%, 05/01/32 |
860 | 952,042 | ||||||
| 5.00%, 05/01/48 |
2,160 | 2,349,078 | ||||||
| Central Florida Expressway Authority, Refunding RB, Senior Lien, 5.00%, 07/01/48 |
9,370 | 11,340,914 | ||||||
| County of Miami-Dade Florida Transit System, Refunding RB, 5.00%, 07/01/22(c) |
3,750 | 3,854,966 | ||||||
| Lakewood Ranch Stewardship District, SAB |
||||||||
| 4.63%, 05/01/27 |
255 | 274,052 | ||||||
| 5.25%, 05/01/37 |
470 | 523,717 | ||||||
| 5.38%, 05/01/47 |
770 | 852,280 | ||||||
| Miami-Dade County Educational Facilities Authority, Refunding RB, Series A, 5.00%, 04/01/45 |
4,625 | 5,161,606 | ||||||
| Miami-Dade County Expressway Authority, Refunding RB, Series A, (AGM), 5.00%, 07/01/35 |
|
8,900 |
|
|
8,932,378 |
| ||
| Miami-Dade County Seaport Department Refunding RB, Series A-1, AMT, (AGM), 4.00%, 10/01/45 |
1,080 | 1,253,643 | ||||||
| Palm Beach County Health Facilities Authority, RB |
||||||||
| Series B, 4.00%, 11/15/41 |
300 | 343,721 | ||||||
| Series B, 5.00%, 11/15/42 |
135 | 163,883 | ||||||
|
|
|
|||||||
| 36,002,280 | ||||||||
| Georgia — 2.0% | ||||||||
| Development Authority for Fulton County, RB, 4.00%, 06/15/49 |
1,575 | 1,798,841 | ||||||
| Georgia Ports Authority, RB, 4.00%, 07/01/51(e) |
4,325 | 5,163,418 | ||||||
| Main Street Natural Gas, Inc., RB, Series A, 5.00%, 05/15/49 |
1,855 | 2,824,538 | ||||||
| Municipal Electric Authority of Georgia, RB, 5.00%, 01/01/48 |
2,745 | 3,268,392 | ||||||
|
|
|
|||||||
| 13,055,189 | ||||||||
| Illinois — 10.0% | ||||||||
| Chicago Board of Education, GO |
||||||||
| Series C, 5.25%, 12/01/35 |
2,785 | 3,093,898 | ||||||
| Series D, 5.00%, 12/01/46 |
3,570 | 3,923,407 | ||||||
| Series H, 5.00%, 12/01/36 |
865 | 1,020,151 | ||||||
| 1 |
| Schedule of Investments (unaudited) (continued) November 30, 2021 |
BlackRock MuniVest Fund, Inc. (MVF) (Percentages shown are based on Net Assets) |
| Security | Par (000) |
Value | ||||||
| Illinois (continued) | ||||||||
| Chicago Board of Education, Refunding GO |
||||||||
| Series C, 5.00%, 12/01/25 |
$ | 1,200 | $ | 1,389,746 | ||||
| Series D, 5.00%, 12/01/25 |
1,560 | 1,806,663 | ||||||
| Series G, 5.00%, 12/01/34 |
865 | 1,023,408 | ||||||
| Chicago O’Hare International Airport, ARB, Series D, AMT, Senior Lien, 5.00%, 01/01/42 |
1,450 | 1,702,942 | ||||||
| City of Chicago Illinois Wastewater Transmission Revenue, Refunding RB, Series C, 2nd Lien, 5.00%, 01/01/39 |
1,000 | 1,114,145 | ||||||
| Cook County Community College District No. 508, GO, 5.25%, 12/01/31 |
5,000 | 5,408,525 | ||||||
| Illinois Finance Authority, RB, Series A, 5.25%, 07/01/23(c) |
1,785 | 1,924,355 | ||||||
| Illinois Finance Authority, Refunding RB |
||||||||
| Series A, 4.00%, 05/01/45 |
2,525 | 2,846,539 | ||||||
| Series C, 5.00%, 02/15/41 |
3,600 | 4,297,514 | ||||||
| Illinois State Toll Highway Authority, RB, Series A, 5.00%, 01/01/42 |
7,990 | 9,700,715 | ||||||
| Metropolitan Pier & Exposition Authority, RB, Series A, 5.00%, 06/15/57 |
2,515 | 2,936,303 | ||||||
| Metropolitan Pier & Exposition Authority, RB, CAB, (BAM-TCRS), 0.00%, 12/15/56(d) |
8,755 | 3,273,188 | ||||||
| Metropolitan Pier & Exposition Authority, Refunding RB, 4.00%, 06/15/50 |
2,010 | 2,257,791 | ||||||
| Metropolitan Pier & Exposition Authority, Refunding RB, CAB, Series B, (BAM-TCRS), 0.00%, 12/15/54(d) |
12,215 | 4,872,563 | ||||||
| State of Illinois, GO |
||||||||
| Series A, 4.00%, 03/01/41 |
115 | 133,509 | ||||||
| Series D, 5.00%, 11/01/28 |
6,965 | 8,344,216 | ||||||
| Village of Hodgkins Illinois, RB, AMT, 6.00%, 11/01/23 |
3,725 | 3,740,593 | ||||||
|
|
|
|||||||
| 64,810,171 | ||||||||
| Indiana — 1.4% | ||||||||
| City of Valparaiso Indiana, RB, AMT, 6.75%, 01/01/34 |
2,250 | 2,493,896 | ||||||
| Indiana Finance Authority, RB, Series A, AMT, 5.00%, 07/01/23(c) |
2,640 | 2,833,897 | ||||||
| Indiana Finance Authority, Refunding RB, Series A, 5.00%, 03/01/25(c) |
3,000 | 3,439,074 | ||||||
|
|
|
|||||||
| 8,766,867 | ||||||||
| Iowa — 2.0% | ||||||||
| Iowa Finance Authority, RB |
||||||||
| 5.00%, 05/15/36 |
1,050 | 1,196,993 | ||||||
| Series A, 5.00%, 05/15/48 |
6,750 | 7,581,505 | ||||||
| Iowa Finance Authority, Refunding RB, 5.25%, 12/01/25 |
4,000 | 4,338,060 | ||||||
|
|
|
|||||||
| 13,116,558 | ||||||||
| Kansas — 1.0% | ||||||||
| City of Lenexa Kansas, Refunding RB, Series A, 5.00%, 05/15/43 |
1,965 | 2,118,960 | ||||||
| Wyandotte County-Kansas City Unified Government Utility System Revenue, RB, Series A, 5.00%, 09/01/40 |
3,700 | 4,236,307 | ||||||
|
|
|
|||||||
| 6,355,267 | ||||||||
| Louisiana — 2.0% | ||||||||
| Parish of St. Charles Louisiana, RB, 4.00%, 12/01/40(a) |
2,210 | 2,247,404 | ||||||
| Tobacco Settlement Financing Corp., Refunding RB Series A, 5.25%, 05/15/32 |
4,375 | 4,464,329 | ||||||
| Security | Par (000) |
Value | ||||||
| Louisiana (continued) | ||||||||
| Tobacco Settlement Financing Corp., Refunding RB (continued) |
||||||||
| Series A, 5.25%, 05/15/33 |
$ | 4,750 | $ | 4,846,715 | ||||
| Series A, 5.25%, 05/15/35 |
1,500 | 1,595,713 | ||||||
|
|
|
|||||||
| 13,154,161 | ||||||||
| Maine — 1.5% | ||||||||
| Maine Turnpike Authority, RB, 4.00%, 07/01/45 |
8,195 | 9,573,989 | ||||||
|
|
|
|||||||
| Maryland — 2.6% | ||||||||
| City of Baltimore Maryland, Refunding RB, Series A, 4.50%, 09/01/33 |
545 | 602,845 | ||||||
| Howard County Housing Commission, RB, M/F Housing, 5.00%, 12/01/42 |
4,935 | 5,809,152 | ||||||
| Maryland Health & Higher Educational Facilities Authority, RB, Series B, 4.00%, 04/15/45 |
2,560 | 2,940,283 | ||||||
| Maryland Health & Higher Educational Facilities Authority, Refunding RB, 5.00%, 07/01/40 |
6,350 | 7,193,902 | ||||||
|
|
|
|||||||
| 16,546,182 | ||||||||
| Massachusetts — 1.9% | ||||||||
| Massachusetts Development Finance Agency, RB |
||||||||
| Series A, 5.25%, 01/01/42 |
1,895 | 2,248,298 | ||||||
| Series A, 5.00%, 01/01/47 |
845 | 980,039 | ||||||
| Massachusetts Development Finance Agency, Refunding RB, Series A, 5.00%, 01/01/40 |
1,620 | 1,935,963 | ||||||
| Massachusetts Port Authority, Refunding ARB, Series A, AMT, 4.00%, 07/01/44 |
6,180 | 6,989,741 | ||||||
|
|
|
|||||||
| 12,154,041 | ||||||||
| Michigan — 2.6% | ||||||||
| Michigan Finance Authority, Refunding RB |
||||||||
| 4.00%, 09/01/50 |
855 | 984,986 | ||||||
| Series C, Class 1, 4.00%, 06/01/49 |
2,500 | 2,866,460 | ||||||
| Michigan State Housing Development Authority, RB, M/F Housing |
||||||||
| Series A, 0.55%, 04/01/25 |
340 | 338,874 | ||||||
| Series A, 2.55%, 10/01/51 |
6,890 | 6,858,085 | ||||||
| Michigan Strategic Fund, RB, AMT, 5.00%, 06/30/48 |
1,775 | 2,115,699 | ||||||
| State of Michigan Trunk Line Revenue RB, 4.00%, 11/15/46 |
3,310 | 3,967,012 | ||||||
|
|
|
|||||||
| 17,131,116 | ||||||||
| Minnesota — 0.7% | ||||||||
| City of Cologne Minnesota,RB, Series A, 5.00%, 07/01/45 |
1,500 | 1,578,495 | ||||||
| Housing & Redevelopment Authority of The City of St. Paul Minnesota, RB, Series A, 5.50%, 07/01/52(b) |
695 | 781,136 | ||||||
| Housing & Redevelopment Authority of The City of St. Paul Minnesota, Refunding RB, Series A, 4.00%, 11/15/43 |
1,940 | 2,196,608 | ||||||
|
|
|
|||||||
| 4,556,239 | ||||||||
| Mississippi — 3.9% | ||||||||
| County of Lowndes Mississippi, Refunding RB |
||||||||
| Series A, 6.80%, 04/01/22 |
9,160 | 9,349,768 | ||||||
| Series B, 6.70%, 04/01/22 |
4,500 | 4,591,741 | ||||||
| Mississippi Development Bank, Refunding RB, Series A, (AGM), 4.00%, 03/01/41 |
3,000 | 3,303,495 | ||||||
| S C H E D U L E O F I N V E S T M E N T S | 2 |
| Schedule of Investments (unaudited) (continued) November 30, 2021 |
BlackRock MuniVest Fund, Inc. (MVF) (Percentages shown are based on Net Assets) |
| Security | Par (000) |
Value | ||||||
| Mississippi (continued) | ||||||||
| State of Mississippi, RB |
||||||||
| Series A, 5.00%, 10/15/37 |
$ | 1,105 | $ | 1,355,759 | ||||
| Series A, 4.00%, 10/15/38 |
5,535 | 6,359,051 | ||||||
|
|
|
|||||||
| 24,959,814 | ||||||||
| Montana — 0.6% | ||||||||
| Montana Board of Housing, RB, S/F Housing |
||||||||
| Series B-2, 3.50%, 12/01/42 |
245 | 259,171 | ||||||
| Series B-2, 3.60%, 12/01/47 |
380 | 399,096 | ||||||
| Montana Facility Finance Authority, Refunding RB, Series A, 3.00%, 06/01/50 |
2,760 | 2,942,924 | ||||||
|
|
|
|||||||
| 3,601,191 | ||||||||
| Nebraska — 1.0% | ||||||||
| Central Plains Energy Project, RB, 5.00%, 09/01/42 |
6,200 | 6,402,666 | ||||||
|
|
|
|||||||
| Nevada — 2.4% | ||||||||
| City of Carson City Nevada, Refunding RB, 5.00%, 09/01/42 |
2,250 | 2,677,718 | ||||||
| City of Reno Nevada, Refunding RB |
||||||||
| Series A-1, (AGM), 4.00%, 06/01/43 |
5,230 | 5,841,089 | ||||||
| Series A-1, (AGM), 4.00%, 06/01/46 |
245 | 271,543 | ||||||
| County of Clark Nevada, GO |
||||||||
| Series A, 5.00%, 06/01/36 |
4,080 | 5,024,088 | ||||||
| Series A, 5.00%, 06/01/37 |
1,500 | 1,847,539 | ||||||
|
|
|
|||||||
| 15,661,977 | ||||||||
| New Jersey — 9.6% | ||||||||
| Casino Reinvestment Development Authority, Inc., Refunding RB, 5.25%, 11/01/44 |
1,400 | 1,527,946 | ||||||
| New Jersey Economic Development Authority, RB Series UU, 5.00%, 06/15/40 |
2,755 | 3,008,162 | ||||||
| AMT, 5.13%, 01/01/34 |
1,050 | 1,139,669 | ||||||
| AMT, 5.38%, 01/01/43 |
10,000 | 10,902,960 | ||||||
| Series A, AMT, 5.63%, 11/15/30 |
1,530 | 1,671,800 | ||||||
| New Jersey Housing & Mortgage Finance Agency, Refunding RB, Series A, AMT, 3.80%, 10/01/32 |
4,090 | 4,474,939 | ||||||
| New Jersey Transportation Trust Fund Authority, RB |
||||||||
| Series AA, 5.25%, 06/15/33 |
8,750 | 9,356,471 | ||||||
| Series AA, 5.25%, 06/15/41 |
780 | 888,761 | ||||||
| Series AA, 5.00%, 06/15/44 |
4,450 | 4,846,624 | ||||||
| Series BB, 4.00%, 06/15/50 |
3,795 | 4,257,368 | ||||||
| New Jersey Transportation Trust Fund Authority, RB, CAB, Series A, 0.00%, 12/15/38(d) |
7,260 | 4,875,301 | ||||||
| New Jersey Transportation Trust Fund Authority, Refunding RB, Series A, 5.00%, 12/15/32 |
5,430 | 6,698,758 | ||||||
| State of New Jersey, GO, Series A, 4.00%, 06/01/31 |
1,730 | 2,133,048 | ||||||
| Tobacco Settlement Financing Corp., Refunding RB |
||||||||
| Series A, 5.25%, 06/01/46 |
4,550 | 5,495,335 | ||||||
| Sub-Series B, 5.00%, 06/01/46 |
665 | 776,326 | ||||||
|
|
|
|||||||
| 62,053,468 | ||||||||
| New York — 6.6% | ||||||||
| Build NYC Resource Corp., Refunding RB, AMT, 5.00%, 01/01/35(b) |
2,145 | 2,409,590 | ||||||
| City of New York, GO, Series C, 4.00%, 08/01/40 |
5,000 | 5,919,695 | ||||||
| Erie Tobacco Asset Securitization Corp., Refunding RB, Series A, 5.00%, 06/01/45 |
4,435 | 4,444,491 | ||||||
| Monroe County Industrial Development Corp., Refunding RB, 4.00%, 12/01/46 |
1,400 | 1,589,906 | ||||||
| New York Counties Tobacco Trust IV, Refunding RB Series A, 5.00%, 06/01/38 |
3,665 | 3,669,442 | ||||||
| Security | Par (000) |
Value | ||||||
| New York (continued) | ||||||||
| New York Counties Tobacco Trust IV, Refunding RB (continued) |
||||||||
| Series A, 6.25%, 06/01/41(b) |
$ | 3,400 | $ | 3,452,176 | ||||
| New York Liberty Development Corp., Refunding RB(b) |
||||||||
| Series 2, Class 2, 5.15%, 11/15/34 |
460 | 513,301 | ||||||
| Series 2, Class 2, 5.38%, 11/15/40 |
1,145 | 1,280,054 | ||||||
| New York State Urban Development Corp., RB, Series A, 4.00%, 03/15/49 |
7,500 | 8,761,162 | ||||||
| New York Transportation Development Corp., RB |
||||||||
| AMT, 5.00%, 10/01/35 |
665 | 824,543 | ||||||
| AMT, 5.00%, 10/01/40 |
1,875 | 2,288,132 | ||||||
| AMT, 4.00%, 10/31/46 |
1,175 | 1,351,184 | ||||||
| New York Transportation Development Corp., Refunding RB |
||||||||
| Series A, Class A, AMT, 4.00%, 12/01/38 |
500 | 567,977 | ||||||
| Series A, Class A, AMT, 4.00%, 12/01/39 |
500 | 581,240 | ||||||
| TSASC, Inc., Refunding RB, Series A, 5.00%, 06/01/41 |
1,785 | 2,081,769 | ||||||
| Westchester Tobacco Asset Securitization Corp., Refunding RB, Sub-Series C, 5.13%, 06/01/51 |
2,740 | 3,106,744 | ||||||
|
|
|
|||||||
| 42,841,406 | ||||||||
| North Carolina — 0.7% | ||||||||
| North Carolina Medical Care Commission, RB |
||||||||
| 4.00%, 09/01/41 |
160 | 183,545 | ||||||
| 4.00%, 09/01/46 |
155 | 175,596 | ||||||
| 4.00%, 09/01/51 |
250 | 282,727 | ||||||
| Series A, 4.00%, 10/01/50 |
365 | 408,906 | ||||||
| Series A, 5.00%, 10/01/50 |
980 | 1,176,412 | ||||||
| North Carolina Turnpike Authority, RB, Senior Lien, (AGM), 4.00%, 01/01/55 |
1,045 | 1,193,132 | ||||||
| University of North Carolina at Chapel Hill, RB, 5.00%, 02/01/49 |
525 | 825,782 | ||||||
|
|
|
|||||||
| 4,246,100 | ||||||||
| North Dakota — 0.2% | ||||||||
| University of North Dakota COP, Series A, (AGM), 4.00%, 06/01/46 |
990 | 1,142,417 | ||||||
|
|
|
|||||||
| Ohio — 4.9% | ||||||||
| Allen County Port Authority, Refunding RB, Series A, 4.00%, 12/01/40 |
950 | 1,067,480 | ||||||
| Buckeye Tobacco Settlement Financing Authority, Refunding RB, Series B-2, Class 2, 5.00%, 06/01/55 |
7,590 | 8,690,474 | ||||||
| Cleveland-Cuyahoga County Port Authority, RB |
||||||||
| 4.00%, 07/01/46 |
490 | 579,378 | ||||||
| 4.00%, 07/01/51 |
425 | 499,550 | ||||||
| County of Franklin Ohio, RB, Series A, 6.13%, 07/01/22(c) |
1,690 | 1,747,916 | ||||||
| County of Montgomery Ohio, RB, 5.45%, 11/13/23(c) |
7,430 | 8,167,650 | ||||||
| Ohio Air Quality Development Authority, RB, AMT, 5.00%, 07/01/49(b) |
585 | 682,187 | ||||||
| Ohio Air Quality Development Authority, Refunding RB, 3.25%, 09/01/29 |
5,000 | 5,452,740 | ||||||
| State of Ohio, Refunding RB, Series A, 4.00%, 01/15/50 |
4,420 | 4,995,047 | ||||||
|
|
|
|||||||
| 31,882,422 | ||||||||
| Oklahoma — 0.4% | ||||||||
| Oklahoma Development Finance Authority, RB, Series B, 5.25%, 08/15/48 |
2,205 | 2,678,841 | ||||||
|
|
|
|||||||
| 3 |
| Schedule of Investments (unaudited) (continued) November 30, 2021 |
BlackRock MuniVest Fund, Inc. (MVF) (Percentages shown are based on Net Assets) |
| Security | Par (000) |
Value | ||||||
| Oregon — 1.0% | ||||||||
| Oregon Health & Science University, RB, Series A, 5.00%, 07/01/42 |
$ | 800 | $ | 965,125 | ||||
| Port of Portland Oregon Airport Revenue, Refunding ARB, Series 27-A, AMT, 4.00%, 07/01/50 |
5,000 | 5,701,925 | ||||||
|
|
|
|||||||
| 6,667,050 | ||||||||
| Pennsylvania — 11.5% | ||||||||
| Allegheny County Airport Authority, RB, Series A, AMT, 5.00%, 01/01/51 |
1,930 | 2,389,651 | ||||||
| Allentown Neighborhood Improvement Zone Development Authority, RB, 5.00%, 05/01/42(b) |
1,725 | 1,980,348 | ||||||
| Altoona Area School District, GO, (BAM SAW), 5.00%, 12/01/25(c) |
365 | 429,424 | ||||||
| City of Philadelphia Pennsylvania Water & Wastewater Revenue, RB, Series B, 5.00%, 11/01/49 |
6,030 | 7,561,795 | ||||||
| County of Lehigh Pennsylvania, Refunding RB, Series A, 4.00%, 07/01/49 |
1,435 | 1,635,604 | ||||||
| Geisinger Authority, Refunding RB, Series A, 4.00%, 04/01/50 |
4,260 | 4,876,103 | ||||||
| Montgomery County Higher Education and Health Authority, Refunding RB |
||||||||
| 4.00%, 09/01/49 |
6,750 | 7,699,050 | ||||||
| Series A, 5.00%, 09/01/48 |
3,330 | 4,018,567 | ||||||
| Montgomery County Industrial Development Authority, Refunding RB, 5.25%, 01/01/40 |
4,170 | 4,484,001 | ||||||
| Northampton County General Purpose Authority, Refunding RB, 4.00%, 11/01/38 |
1,855 | 2,182,287 | ||||||
| Pennsylvania Economic Development Financing Authority, RB, AMT, 5.00%, 12/31/38 |
2,565 | 2,987,920 | ||||||
| Pennsylvania Housing Finance Agency RB, S/F Housing, 2.45%, 10/01/41(e) |
410 | 411,398 | ||||||
| Pennsylvania Housing Finance Agency, RB, S/F Housing, Series 125B, AMT, 3.65%, 10/01/42 |
7,000 | 7,445,690 | ||||||
| Pennsylvania Turnpike Commission, RB |
||||||||
| Series A-1, 5.00%, 12/01/41 |
440 | 519,234 | ||||||
| Sub-Series B-1, 5.25%, 06/01/47 |
5,680 | 6,871,323 | ||||||
| Series A, Subordinate, 5.00%, 12/01/44 |
4,540 | 5,634,077 | ||||||
| Pennsylvania Turnpike Commission, Refunding RB, 2nd Series, 5.00%, 12/01/41 |
1,700 | 2,057,972 | ||||||
| Springfield School District/Delaware County, GO |
||||||||
| (SAW), 5.00%, 03/01/40 |
2,955 | 3,599,958 | ||||||
| (SAW), 5.00%, 03/01/43 |
2,145 | 2,609,019 | ||||||
| Westmoreland County Municipal Authority, Refunding RB, (BAM), 5.00%, 08/15/36 |
4,385 | 5,256,984 | ||||||
|
|
|
|||||||
| 74,650,405 | ||||||||
| Puerto Rico — 5.3% | ||||||||
| Children’s Trust Fund, Refunding RB |
||||||||
| 5.50%, 05/15/39 |
1,340 | 1,374,469 | ||||||
| 5.63%, 05/15/43 |
1,335 | 1,351,251 | ||||||
| Puerto Rico Commonwealth Aqueduct & Sewer Authority, RB, Series A, Senior Lien, 5.00%, 07/01/33 |
3,820 | 3,926,509 | ||||||
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, RB |
||||||||
| Series A-1, Restructured, 4.75%, 07/01/53 |
3,376 | 3,849,818 | ||||||
| Series A-1, Restructured, 5.00%, 07/01/58 |
12,657 | 14,549,095 | ||||||
| Series A-2, Restructured, 4.33%, 07/01/40 |
2,240 | 2,518,947 | ||||||
| Security | Par (000) |
Value | ||||||
| Puerto Rico (continued) | ||||||||
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, RB (continued) |
||||||||
| Series A-2, Restructured, 4.78%, 07/01/58 |
$ | 3,133 | $ | 3,575,715 | ||||
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, RB, CAB, Series A-1, Restructured, 0.00%, 07/01/46(d) |
10,130 | 3,381,698 | ||||||
|
|
|
|||||||
| 34,527,502 | ||||||||
| Rhode Island — 1.5% | ||||||||
| Rhode Island Turnpike & Bridge Authority, RB, Series A, 3.00%, 10/01/39 |
240 | 258,520 | ||||||
| Tobacco Settlement Financing Corp., Refunding RB |
||||||||
| Series B, 4.50%, 06/01/45 |
6,820 | 7,418,005 | ||||||
| Series B, 5.00%, 06/01/50 |
2,000 | 2,216,710 | ||||||
|
|
|
|||||||
| 9,893,235 | ||||||||
| South Carolina — 1.8% | ||||||||
| South Carolina Jobs-Economic Development Authority, Refunding RB, Series A, 5.00%, 05/01/43 |
2,690 | 3,236,705 | ||||||
| South Carolina Public Service Authority, RB, Series E, 5.50%, 12/01/53 |
750 | 816,804 | ||||||
| South Carolina Public Service Authority, Refunding RB, Series E, 5.25%, 12/01/55 |
6,450 | 7,447,434 | ||||||
|
|
|
|||||||
| 11,500,943 | ||||||||
| Texas — 9.8% | ||||||||
| Central Texas Regional Mobility Authority, RB, Series A, Senior Lien, 5.00%, 07/01/25(c) |
4,715 | 5,463,752 | ||||||
| Central Texas Regional Mobility Authority, Refunding RB, Series A, Senior Lien, 5.00%, 01/01/23(c) |
6,925 | 7,282,822 | ||||||
| City of Houston Texas Airport System Revenue, Refunding RB |
4,005 | 4,934,096 | ||||||
| AMT, 5.00%, 07/01/29 |
2,135 | 2,307,038 | ||||||
| Sub-Series A, AMT, 4.00%, 07/01/35 |
990 | 1,191,605 | ||||||
| Sub-Series A, AMT, 4.00%, 07/01/36 |
990 | 1,186,234 | ||||||
| County of Nueces Texas, Refunding GO |
||||||||
| 4.00%, 02/15/37 |
575 | 683,027 | ||||||
| 4.00%, 02/15/39 |
1,205 | 1,427,791 | ||||||
| Harris County Cultural Education Facilities Finance Corp., RB, Series B, 7.00%, 01/01/23(c) |
850 | 911,720 | ||||||
| New Hope Cultural Education Facilities Finance Corp., RB |
||||||||
| Series A, 5.00%, 04/01/25(c) |
500 | 574,543 | ||||||
| Series A, 0.00%, 08/15/37(b) |
2,000 | 2,001,358 | ||||||
| North Texas Education Finance Corp., RB, Series A, 5.13%, 06/01/22(c) |
1,000 | 1,024,310 | ||||||
| North Texas Tollway Authority, Refunding RB |
||||||||
| Series A, 5.00%, 01/01/38 |
5,000 | 5,618,425 | ||||||
| Series A, 5.00%, 01/01/48 |
5,350 | 6,485,382 | ||||||
| Tarrant County Cultural Education Facilities Finance Corp., Refunding RB, Series A-1, 5.00%, 10/01/44 |
3,500 | 3,791,309 | ||||||
| Texas Municipal Gas Acquisition & Supply Corp. III, Refunding RB, 5.00%, 12/15/32 |
10,720 | 14,136,421 | ||||||
| Texas Private Activity Bond Surface Transportation Corp., RB, AMT, 5.00%, 06/30/58 |
3,575 | 4,290,032 | ||||||
|
|
|
|||||||
| 63,309,865 | ||||||||
| Utah — 0.7% | ||||||||
| City of Salt Lake City Utah Airport Revenue, ARB, Series A, AMT, 4.00%, 07/01/51 |
3,905 | 4,533,674 | ||||||
|
|
|
|||||||
| S C H E D U L E O F I N V E S T M E N T S | 4 |
| Schedule of Investments (unaudited) (continued) November 30, 2021 |
BlackRock MuniVest Fund, Inc. (MVF) (Percentages shown are based on Net Assets) |
| Security | Par (000) |
Value | ||||||
| Virginia — 3.8% | ||||||||
| Ballston Quarter Community Development Authority, TA |
||||||||
| Series A, 5.38%, 03/01/36 |
$ | 430 | $ | 436,407 | ||||
| Series A, 5.50%, 03/01/46 |
1,475 | 1,479,606 | ||||||
| Tobacco Settlement Financing Corp., Refunding RB, Series B-1, 5.00%, 06/01/47 |
3,665 | 3,728,745 | ||||||
| Virginia Small Business Financing Authority, RB AMT, 5.00%, 07/01/49 |
1,990 | 1,996,744 | ||||||
| AMT, 5.00%, 12/31/52 |
7,895 | 9,307,179 | ||||||
| AMT, Senior Lien, 6.00%, 01/01/37 |
2,150 | 2,214,266 | ||||||
| AMT, Senior Lien, 5.50%, 01/01/42 |
5,140 | 5,276,004 | ||||||
|
|
|
|||||||
| 24,438,951 | ||||||||
| Washington — 3.1% | ||||||||
| Port of Seattle Washington, ARB |
||||||||
| Series A, AMT, 5.00%, 05/01/43 |
1,295 | 1,528,258 | ||||||
| Series C, AMT, Intermediate Lien, 5.00%, 05/01/37 |
4,905 | 5,864,354 | ||||||
| State of Washington, COP |
||||||||
| Series B, 5.00%, 07/01/36 |
1,725 | 2,144,192 | ||||||
| Series B, 5.00%, 07/01/38 |
2,300 | 2,855,747 | ||||||
| Washington Health Care Facilities Authority, RB, Series A, 5.75%, 01/01/23(c) |
4,010 | 4,249,702 | ||||||
| Washington Health Care Facilities Authority, Refunding RB, 4.00%, 09/01/45 |
3,000 | 3,456,396 | ||||||
|
|
|
|||||||
| 20,098,649 | ||||||||
| Wisconsin — 1.7% | ||||||||
| Public Finance Authority, RB |
||||||||
| Series A, 5.00%, 06/01/36(b) |
200 | 225,198 | ||||||
| Series A, 4.00%, 11/15/37 |
325 | 374,975 | ||||||
| Series A, 5.00%, 11/15/41 |
2,180 | 2,646,315 | ||||||
| Series A, 5.00%, 06/01/51(b) |
680 | 747,020 | ||||||
| Series A, 5.00%, 06/01/61(b) |
870 | 952,045 | ||||||
| Public Finance Authority, Refunding RB, Series A, 5.00%, 11/15/49 |
1,095 | 1,271,587 | ||||||
| Wisconsin Health & Educational Facilities Authority, Refunding RB, 5.00%, 04/01/44 |
4,080 | 5,075,169 | ||||||
|
|
|
|||||||
| 11,292,309 | ||||||||
| Wyoming — 0.6% | ||||||||
| Wyoming Community Development Authority, Refunding RB, Series 2, 4.05%, 12/01/38 |
2,170 | 2,235,415 | ||||||
| Wyoming Municipal Power Agency, Inc., Refunding RB, Series A, (BAM), 5.00%, 01/01/27(c) |
1,120 | 1,359,568 | ||||||
|
|
|
|||||||
| 3,594,983 | ||||||||
|
|
|
|||||||
| Total Municipal Bonds — 118.6% | ||||||||
| (Cost: $698,191,649) |
767,528,386 | |||||||
|
|
|
|||||||
| Municipal Bonds Transferred to Tender Option Bond Trusts(f) |
| |||||||
| Arizona — 1.8% |
||||||||
| Maricopa County Industrial Development Authority, RB, 4.00%, 01/01/48 |
10,000 | 11,638,545 | ||||||
|
|
|
|||||||
| Security | Par (000) |
Value | ||||||
| California — 2.7% | ||||||||
| Sacramento Area Flood Control Agency, Refunding SAB, 5.00%, 10/01/47 |
$ | 14,998 | $ | 17,721,170 | ||||
|
|
|
|||||||
| Colorado(g) — 1.8% | ||||||||
| City & County of Denver Colorado Airport System Revenue, Refunding ARB, Series A, AMT, 5.25%, 12/01/43 |
6,504 | 8,033,133 | ||||||
| Colorado Health Facilities Authority, Refunding RB, Series A, 4.00%, 08/01/49 |
3,290 | 3,734,231 | ||||||
|
|
|
|||||||
| 11,767,364 | ||||||||
| Florida — 3.6% | ||||||||
| Greater Orlando Aviation Authority, ARB, Series A, AMT, 4.00%, 10/01/49 |
10,000 | 11,360,017 | ||||||
| Miami Dade Cnty Fl Seaport Rev, 4.00%, 10/01/49 |
10,005 | 11,738,303 | ||||||
|
|
|
|||||||
| 23,098,320 | ||||||||
| Illinois — 2.0% | ||||||||
| Illinois State Toll Highway Authority, RB, Series B, 5.00%, 01/01/40 |
10,976 | 12,711,081 | ||||||
|
|
|
|||||||
| Louisiana — 2.9% | ||||||||
| City of Shreveport Louisiana Water & Sewer Revenue, RB |
||||||||
| Series B, Junior Lien, (AGM), 4.00%, 12/01/44 |
5,542 | 6,285,612 | ||||||
| Series B, Junior Lien, (AGM), 4.00%, 12/01/49 |
11,133 | 12,627,557 | ||||||
|
|
|
|||||||
| 18,913,169 | ||||||||
| Maryland — 2.0% | ||||||||
| City of Baltimore Maryland, RB, Series A, 5.00%, 07/01/46 |
4,897 | 5,801,519 | ||||||
| Maryland Stadium Authority, RB, 5.00%, 05/01/47 |
5,509 | 6,751,895 | ||||||
|
|
|
|||||||
| 12,553,414 | ||||||||
| Michigan(g) — 2.5% | ||||||||
| Michigan Finance Authority, RB |
7,434 | 8,597,536 | ||||||
| Series A, 4.00%, 02/15/44 |
6,646 | 7,686,068 | ||||||
|
|
|
|||||||
| 16,283,604 | ||||||||
| New Jersey — 2.4% | ||||||||
| South Jersey Transportation Authority, RB (BAM), Series A, 4.00%, 11/01/50 |
13,590 | 15,703,048 | ||||||
|
|
|
|||||||
| New York — 1.8% | ||||||||
| New York State Dormitory Authority, Refunding RB, Series A, 4.00%, 03/15/46 |
10,000 | 11,698,345 | ||||||
|
|
|
|||||||
| Oregon — 0.1% | ||||||||
| State of Oregon Housing & Community Services Department, RB, M/F Housing, Series A, AMT, 4.95%, 07/01/30 |
735 | 736,496 | ||||||
|
|
|
|||||||
| Pennsylvania — 3.8% | ||||||||
| Commonwealth of Pennsylvania, GO, 1st Series, 4.00%, 03/01/38(g) |
7,250 | 8,402,500 | ||||||
| 5 |
| Schedule of Investments (unaudited) (continued) November 30, 2021 |
BlackRock MuniVest Fund, Inc. (MVF) (Percentages shown are based on Net Assets) |
| Security | Par (000) |
Value | ||||||
| Pennsylvania (continued) | ||||||||
| County of Lehigh Pennsylvania, Refunding RB, Series A, 4.00%, 07/01/49(g) |
$ | 10,009 | $ | 11,408,205 | ||||
| Westmoreland County Municipal Authority, Refunding RB, (BAM), 5.00%, 08/15/38 |
3,925 | 4,469,915 | ||||||
|
|
|
|||||||
| 24,280,620 | ||||||||
| Texas — 3.4% | ||||||||
| Harris County Health Facilities Development Corp, Refunding RB, Series B, 5.75%, 07/01/27 |
18,390 | 22,141,146 | ||||||
|
|
|
|||||||
| Virginia — 1.3% | ||||||||
| Fairfax County Economic Development Authority, RB, 5.00%, 04/01/47(g) |
6,960 | 8,346,199 | ||||||
|
|
|
|||||||
| Washington — 2.0% | ||||||||
| Washington Health Care Facilities Authority, Refunding RB, Series A, 5.00%, 10/01/38 |
10,000 | 12,821,915 | ||||||
|
|
|
|||||||
| Total Municipal Bonds Transferred to Tender Option Bond Trusts — 34.1% |
|
220,414,436 | ||||||
|
|
|
|||||||
| Total Long-Term Investments — 152.7% |
987,942,822 | |||||||
|
|
|
|||||||
| Shares | ||||||||
| Short-Term Securities |
||||||||
| Money Market Funds — 0.1% |
||||||||
| BlackRock Liquidity Funds, MuniCash, Institutional Class, 0.01%(h)(i) |
689,996 | 690,065 | ||||||
|
|
|
|||||||
| Total Short-Term Securities — 0.1% |
690,065 | |||||||
|
|
|
|||||||
| Total Investments — 152.8% |
988,632,887 | |||||||
| Other Assets Less Liabilities — 1.6% |
9,817,294 | |||||||
| Liability for TOB Trust Certificates, Including Interest Expense and Fees Payable — (16.7)% |
|
(107,717,791 | ) | |||||
| VMTP Shares at Liquidation Value — (37.7)% |
|
(243,800,000 | ) | |||||
|
|
|
|||||||
| Net Assets Applicable to Common Shares — 100.0% |
|
$ | 646,932,390 | |||||
|
|
|
|||||||
| (a) | Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of period end. Security description also includes the reference rate and spread if published and available. |
| (b) | Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors. |
| (c) | U.S. Government securities held in escrow, are used to pay interest on this security as well as to retire the bond in full at the date indicated, typically at a premium to par. |
| (d) | Zero-coupon bond. |
| (e) | When-issued security. |
| (f) | Represent bonds transferred to a TOB Trust in exchange of cash and residual certificates received by the Trust. These bonds serve as collateral in a secured borrowing. |
| (g) | All or a portion of the security is subject to a recourse agreement. The aggregate maximum potential amount the Trust could ultimately be required to pay under the agreements, which expire between October 1, 2024 to August 1, 2027, is $26,783,833. |
| (h) | Affiliate of the Trust. |
| (i) | Annualized 7-day yield as of period end. |
Affiliates
Investments in issuers considered to be affiliate(s) of the Trust during the period ended November 30, 2021 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:
| Affiliated Issuer | Value at 08/31/21 |
Purchases at Cost |
Proceeds from Sales |
Net Realized Gain (Loss) |
Change in Unrealized Appreciation (Depreciation) |
Value at 11/30/21 |
Shares Held at 11/30/21 |
Income | Capital Gain Distributions from Underlying Funds |
|||||||||||||||||||||||||||
| BlackRock Liquidity Funds, MuniCash, Institutional Class |
$ | 977,136 | $ | — | $ | (287,062 | )(a) | $ | 142 | $ | (151 | ) | $ | 690,065 | 689,996 | $ | 56 | $ | — | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||||
| (a) | Represents net amount purchased (sold). |
| S C H E D U L E O F I N V E S T M E N T S | 6 |
| Schedule of Investments (unaudited) (continued) November 30, 2021 |
BlackRock MuniVest Fund, Inc. (MVF) |
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts
| Description | Number of Contracts |
Expiration Date |
Notional Amount (000) |
Value/ Unrealized Appreciation (Depreciation) |
||||||||||||
| Short Contracts |
||||||||||||||||
| 10-Year U.S. Treasury Note |
82 | 03/22/22 | $ | 10,724 | $ | 19,349 | ||||||||||
| U.S. Long Bond |
51 | 03/22/22 | 8,272 | (20,642 | ) | |||||||||||
| 5-Year U.S. Treasury Note |
59 | 03/31/22 | 7,161 | 19,671 | ||||||||||||
|
|
|
|||||||||||||||
| $ | 18,378 | |||||||||||||||
|
|
|
|||||||||||||||
Fair Value Hierarchy as of Period End
Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:
| • | Level 1 – Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that the Trust has the ability to access; |
| • | Level 2 – Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market–corroborated inputs); and |
| • | Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the BlackRock Global Valuation Methodologies Committee’s (the “Global Valuation Committee’s”) assumptions used in determining the fair value of financial instruments). |
The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Global Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Trust’s policy regarding valuation of financial instruments, refer to its most recent financial statements.
The following table summarizes the Trust’s financial instruments categorized in the fair value hierarchy. The breakdown of the Trust’s financial instruments into major categories is disclosed in the Schedule of Investments above.
| Level 1 | Level 2 | Level 3 | Total | |||||||||||||
| Assets |
||||||||||||||||
| Investments |
||||||||||||||||
| Long-Term Investments |
||||||||||||||||
| Municipal Bonds |
$ | — | $ | 767,528,386 | $ | — | $ | 767,528,386 | ||||||||
| Municipal Bonds Transferred to Tender Option Bond Trusts |
— | 220,414,436 | — | 220,414,436 | ||||||||||||
| Short-Term Securities |
||||||||||||||||
| Money Market Funds |
690,065 | — | — | 690,065 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
| $ | 690,065 | $ | 987,942,822 | $ | — | $ | 988,632,887 | |||||||||
|
|
|
|
|
|
|
|
|
|||||||||
| Derivative Financial Instruments(a) |
||||||||||||||||
| Assets |
||||||||||||||||
| Interest Rate Contracts |
$ | 39,020 | $ | — | $ | — | $ | 39,020 | ||||||||
| Liabilities |
||||||||||||||||
| Interest Rate Contracts |
(20,642 | ) | — | — | (20,642) | |||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
| $ | 18,378 | $ | — | $ | — | $ | 18,378 | |||||||||
|
|
|
|
|
|
|
|
|
|||||||||
| (a) | Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument. |
| 7 |
| Schedule of Investments (unaudited) (continued) November 30, 2021 |
BlackRock MuniVest Fund, Inc. (MVF) |
The Trust may hold assets and/or liabilities in which the fair value approximates the carrying amount for financial reporting purposes. As of period end, such assets and/or liabilities are categorized within the fair value hierarchy as follows:
| Level 1 | Level 2 | Level 3 | Total | |||||||||||||
| Liabilities |
||||||||||||||||
| TOB Trust Certificates |
$ | — | $ | (107,698,307 | ) | $ | — | $ | (107,698,307 | ) | ||||||
| VMTP Shares at Liquidation Value |
— | (243,800,000 | ) | — | (243,800,000 | ) | ||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
| $ | — | $ | (351,498,307 | ) | $ | — | $ | (351,498,307 | ) | |||||||
|
|
|
|
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| Portfolio Abbreviation | ||
| AGM | Assured Guaranty Municipal Corp. | |
| AMT | Alternative Minimum Tax | |
| ARB | Airport Revenue Bonds | |
| BAM | Build America Mutual Assurance Co. | |
| BAM-TCRS | Build America Mutual Assurance Co.- Transferable | |
| Custodial Receipts | ||
| CAB | Capital Appreciation Bonds | |
| COP | Certificates of Participation | |
| GO | General Obligation Bonds | |
| M/F | Multi-Family | |
| RB | Revenue Bond | |
| S/F | Single-Family | |
| SAB | Special Assessment Bonds | |
| SAW | State Aid Withholding | |
| TA | Tax Allocation | |
| S C H E D U L E O F I N V E S T M E N T S | 8 |