Blackrock Muniyield New Jersey Fund (MYJ) NPORT-P BlackRock MuniYield New Jersey Fund, Inc. (Oct 2020 report)

Schedule of Investments  (unaudited)  October 31, 2020 BlackRock MuniYield New Jersey Fund, Inc. (MYJ) (Percentages shown are based on Net Assets)

Security	Par (000)		Value
Municipal Bonds
Guam — 0.6%
Utilities — 0.6%
Guam Government Waterworks Authority, RB, Series A, 5.00%, 01/01/50	$	1,930	$	2,303,397
New Jersey — 118.6%
Corporate — 3.4%
New Jersey Economic Development Authority, RB
Series A, (NPFGC), 5.25%, 07/01/25(a)		415		505,320
Series A, AMT, 5.63%, 11/15/30		1,730		1,776,364
Series B, AMT, 5.63%, 11/15/30		5,000		5,137,500
New Jersey Economic Development Authority, Refunding RB
3.38%, 04/01/38		1,810		1,877,133
3.50%, 04/01/42		1,355		1,404,810
Series A, AMT, 2.20%, 10/01/39(b)		2,130		2,244,509
				12,945,636
County/City/Special District/School District — 14.3%
City of Bayonne New Jersey, Refunding GO
(BAM), 5.00%, 07/01/33		1,565		1,870,535
(BAM), 5.00%, 07/01/35		2,425		2,886,962
City of Margate City New Jersey, Refunding GO, 5.00%, 01/15/21(c)		3,470		3,502,826
County of Middlesex New Jersey, Refunding COP, 5.00%, 10/15/31		2,840		3,397,890
Essex County Improvement Authority, RB, (GTD), 4.00%, 11/01/49		465		512,291
Essex County Improvement Authority, Refunding RB
(GTD, NPFGC), 5.50%, 10/01/28		4,540		6,119,557
(GTD, NPFGC), 5.50%, 10/01/29		8,505		11,703,305
Ewing Township Board of Education, GO
4.00%, 07/15/38		1,190		1,348,853
4.00%, 07/15/39		1,090		1,232,038
Hudson County Improvement Authority, RB, 4.00%, 10/01/51		700		807,639
Mercer County Improvement Authority, RB, 5.00%, 09/01/40		2,480		2,933,542
Monmouth County Improvement Authority, RB
Series B, (GTD), 4.00%, 12/01/37		500		594,660
Series B, (GTD), 4.00%, 12/01/38		510		605,013
Monroe Township Board of Educationddlesex County, Refunding GO, 5.00%, 03/01/25(c)		2,750		3,292,712
New Jersey Economic Development Authority, RB, Series B, AMT, 6.50%, 04/01/31		4,590		4,836,483
New Jersey Economic Development Authority, Refunding SAB, 6.50%, 04/01/28		4,750		5,182,345
Union County Improvement Authority, RB, (GTD), 5.00%, 05/01/42		2,320		2,456,323
Union County Utilities Authority, Refunding RB, Series A, AMT, (GTD), 5.25%, 12/01/31		670		702,864
				53,985,838
Education — 17.5%
Atlantic County Improvement Authority, RB, Series A, (AGM), 4.00%, 07/01/46		950		1,012,092
New Jersey Economic Development Authority, RB
6.00%, 10/01/33		4,675		5,143,482
Series A, 5.00%, 07/01/27(d)		330		350,734
Series A, 5.13%, 11/01/29(d)		150		161,864
Series A, 5.25%, 07/01/37(d)		1,030		1,079,584

Security	Par (000)		Value
Education (continued)
New Jersey Economic Development Authority, RB (continued)
Series A, 5.00%, 07/01/38	$	160	$	174,840
Series A, 6.25%, 11/01/38(d)		440		492,580
Series A, 5.00%, 07/01/47		440		404,540
Series A, 5.38%, 07/01/47(d)		1,685		1,746,368
Series A, 5.00%, 12/01/48		4,475		4,992,937
Series A, 5.00%, 06/15/49(d)		970		1,025,969
Series A, 5.00%, 07/01/50		410		438,733
Series A, 6.50%, 11/01/52(d)		2,490		2,765,792
Series A, 5.00%, 06/15/54(d)		730		767,573
Series A, 5.25%, 11/01/54(d)		1,805		1,736,609
New Jersey Economic Development Authority, Refunding RB (AGM), 5.00%, 06/01/37		2,280		2,642,702
Series A, 4.25%, 09/01/27(d)		210		218,581
Series A, 5.63%, 08/01/34(d)		630		660,442
Series A, 5.00%, 09/01/37(d)		805		839,188
Series A, 5.88%, 08/01/44(d)		1,070		1,114,041
Series A, 6.00%, 08/01/49(d)		555		578,049
Series A, 5.13%, 09/01/52(d)		1,700		1,734,102
New Jersey Educational Facilities Authority, RB
Series A, 5.00%, 07/01/45		1,075		1,235,981
Series C, (AGM), 3.25%, 07/01/49		475		482,790
Series C, (AGM), 4.00%, 07/01/50		400		436,236
New Jersey Educational Facilities Authority, Refunding RB
Series A, (BAM), 5.00%, 07/01/28		915		1,094,203
Series A, 5.00%, 07/01/44		10,960		12,048,766
Series A, 4.00%, 07/01/47		955		979,037
Series B, 5.00%, 07/01/42		690		727,198
Series D, 5.00%, 07/01/38		500		538,745
New Jersey Higher Education Student Assistance Authority, RB
Series 1A, AMT, 5.00%, 12/01/22		915		993,022
Sub-Series C, AMT, 4.00%, 12/01/48		1,450		1,474,650
New Jersey Higher Education Student Assistance Authority, Refunding RB
1st Series, AMT, 5.75%, 12/01/29		2,585		2,683,644
Sub-Series C, AMT, 3.63%, 12/01/49		1,925		1,899,224
New Jersey Institute of Technology, RB
Series A, 5.00%, 07/01/22(c)		2,455		2,646,097
Series A, 5.00%, 07/01/40		3,000		3,427,260
Series A, 5.00%, 07/01/45		4,500		5,089,410
				65,837,065
Health — 8.8%
Camden County Improvement Authority, Refunding RB, 5.00%, 02/15/34		590		646,628
New Jersey Economic Development Authority, Refunding RB
5.00%, 01/01/34		555		601,614
5.00%, 01/01/39		555		593,362
New Jersey Health Care Facilities Financing Authority, RB
5.00%, 07/01/42		1,685		1,973,843
4.00%, 07/01/44		2,755		3,079,043
Series A, 5.50%, 07/01/43		2,400		2,643,792
New Jersey Health Care Facilities Financing Authority, Refunding RB
6.00%, 07/01/21(c)		4,090		4,244,684
5.00%, 07/01/34		860		1,021,654

1

Schedule of Investments  (unaudited) (continued) October 31, 2020 BlackRock MuniYield New Jersey Fund, Inc. (MYJ) (Percentages shown are based on Net Assets)

Security	Par (000)		Value
Health (continued)
New Jersey Health Care Facilities Financing Authority, Refunding RB (continued)
5.00%, 07/01/39	$	2,530	$	2,962,099
4.00%, 07/01/41		1,400		1,539,146
Series A, 5.63%, 07/01/21(c)		6,990		7,235,805
Series A, 6.00%, 07/01/21(c)		900		934,020
Series A, 4.00%, 07/01/43		1,635		1,761,827
Series A, 5.00%, 07/01/43		3,305		3,783,663
				33,021,180
Hotels, Restaurants & Leisure — 0.0%
Middlesex County Improvement Authority, RB, Series B, 6.25%, 01/01/37(e)(f)		2,350		47,000
Housing — 2.5%
New Jersey Housing & Mortgage Finance Agency, Refunding RB, M/F Housing
Series A, 4.00%, 11/01/48		305		326,658
Series A, 4.10%, 11/01/53		180		192,287
Series D, AMT, 4.25%, 11/01/37		1,260		1,360,309
New Jersey Housing & Mortgage Finance Agency, Refunding RB, S/F Housing
Series A, 3.75%, 10/01/35		2,630		2,924,954
Series E, 2.25%, 10/01/40		1,365		1,317,430
Series E, 2.40%, 10/01/45		1,050		1,015,234
Newark Housing Authority Scholarship Foundation A New Jersey Non, RB, M/F Housing, Series A, 5.00%, 12/01/30		2,000		2,250,760
				9,387,632
State — 35.8%
Casino Reinvestment Development Authority, Inc., Refunding RB
5.25%, 11/01/39		2,280		2,332,577
5.25%, 11/01/44		12,000		12,200,640
Garden State Preservation Trust, RB, CAB(g)
Series B, (AGM), 0.00%, 11/01/23		1,460		1,417,499
Series B, (AGM), 0.00%, 11/01/26		6,000		5,490,660
Series B, (AGM), 0.00%, 11/01/27		4,000		3,564,840
Series B, (AGM), 0.00%, 11/01/28		4,540		3,909,258
New Jersey Economic Development Authority, RB
4.00%, 06/15/49		2,380		2,447,497
Series A, (NPFGC), 5.25%, 07/01/25		3,450		3,958,013
Series B, 5.00%, 06/15/35		3,750		4,282,837
Series B, 5.00%, 06/15/43		2,235		2,508,095
Series EEE, 5.00%, 06/15/43		4,450		4,993,745
New Jersey Economic Development Authority, Refunding RB
(AGM), 5.00%, 06/15/22		3,690		3,883,946
5.00%, 06/15/26		1,250		1,306,513
5.00%, 06/15/28		975		1,016,096
5.00%, 06/15/29		2,260		2,351,937
4.00%, 07/01/46		2,255		2,523,232
Series GG, 5.25%, 09/01/27		4,295		4,358,008
Sub-Series A, 5.00%, 07/01/33		1,175		1,300,690
Sub-Series A, 4.00%, 07/01/34		1,270		1,314,793
New Jersey Educational Facilities Authority, RB, Series A, 5.00%, 09/01/32		4,000		4,358,880
New Jersey Transportation Trust Fund Authority, RB
Series A, 5.00%, 06/15/42		6,885		7,120,260
Series AA, 5.00%, 06/15/38		9,490		10,142,343
Series AA, 5.50%, 06/15/39		8,205		8,812,252
Series AA, 5.25%, 06/15/41		5,000		5,444,650

Security	Par (000)		Value
State (continued)
New Jersey Transportation Trust Fund Authority, RB (continued)
Series B, 5.00%, 06/15/33	$	1,110	$	1,274,802
Series B, 5.25%, 06/15/36		8,500		8,697,795
Series BB, 4.00%, 06/15/50		2,690		2,757,654
New Jersey Transportation Trust Fund Authority, RB, CAB(g)
Series C, (AGM), 0.00%, 12/15/32		5,250		3,745,665
Series C, (AMBAC), 0.00%, 12/15/35		4,140		2,430,553
New Jersey Transportation Trust Fund Authority, Refunding RB
4.00%, 12/15/39		1,000		1,053,380
Series A, 5.00%, 12/15/32		3,530		4,064,371
Series A, 5.00%, 12/15/35		905		1,032,315
Series A, 5.00%, 12/15/36		500		568,785
South Jersey Port Corp., ARB, Series B, AMT, 5.00%, 01/01/48		7,620		8,113,547
				134,778,128
Tobacco — 6.9%
Tobacco Settlement Financing Corp., Refunding RB
Series A, 5.00%, 06/01/46		7,000		8,065,190
Series A, 5.25%, 06/01/46		1,595		1,865,464
Sub-Series B, 5.00%, 06/01/46		14,375		16,231,531
				26,162,185
Transportation — 25.9%
New Jersey Economic Development Authority, RB
AMT, (AGM), 5.00%, 01/01/31		1,000		1,103,580
AMT, 5.38%, 01/01/43		15,780		17,366,995
New Jersey Economic Development Authority, Refunding ARB, AMT, 5.00%, 10/01/37		2,750		2,942,940
New Jersey Transportation Trust Fund Authority, RB
Series A, 5.50%, 06/15/21(c)		8,330		8,594,727
Series A, 6.00%, 06/15/21(c)		11,440		11,844,518
Series A, 5.00%, 06/15/30		2,000		2,290,260
New Jersey Transportation Trust Fund Authority, Refunding RB, Series A, 5.00%, 06/15/31		5,540		6,306,681
New Jersey Turnpike Authority, RB
Series A, 5.00%, 07/01/22(c)		7,015		7,560,988
Series A, 5.00%, 01/01/35		1,060		1,261,464
Series A, 4.00%, 01/01/48		2,000		2,229,600
Series E, 5.00%, 01/01/45		720		810,245
New Jersey Turnpike Authority, Refunding RB
Series A, 5.00%, 01/01/22(c)		1,000		1,054,600
Series B, 5.00%, 01/01/34		1,150		1,399,009
Series G, 4.00%, 01/01/43		1,445		1,600,020
Port Authority of New York & New Jersey, ARB
Consolidated, 93rd Series, 6.13%, 06/01/94		5,000		5,817,050
Consolidated, 218th Series, AMT, 4.00%, 11/01/34		3,285		3,730,807
Consolidated, 218th Series, AMT, 4.00%, 11/01/47		4,970		5,452,388
Consolidated, 221st Series, AMT, 4.00%, 07/15/45		2,165		2,392,412
Port Authority of New York & New Jersey, Refunding ARB
Consolidated, 166th Series, 5.25%, 07/15/36		8,500		8,574,970
Consolidated, 172nd Series, AMT, 5.00%, 10/01/34		2,500		2,635,450
Consolidated, 206th Series, AMT, 5.00%, 11/15/47		1,525		1,763,556
South Jersey Transportation Authority, RB, Series A, 5.00%, 11/01/45		575		677,476
				97,409,736
Utilities — 3.5%
Passaic Valley Sewerage Commission, Refunding RB Series J, (AGM),
3.00%, 12/01/40		920		980,444

2

Schedule of Investments  (unaudited) (continued) October 31, 2020 BlackRock MuniYield New Jersey Fund, Inc. (MYJ) (Percentages shown are based on Net Assets)

Security	Par (000)		Value
Utilities (continued)
Passaic Valley Sewerage Commission, Refunding RB (continued)
Series J, (AGM), 3.00%, 12/01/41	$	940	$	998,242
Series J, (AGM), 3.00%, 12/01/42		965		1,021,511
Series J, (AGM), 3.00%, 12/01/43		985		1,039,155
Series J, (AGM), 3.00%, 12/01/44		1,005		1,056,868
Series J, (AGM), 3.00%, 12/01/45		1,030		1,081,026
Rahway Valley Sewerage Authority, RB, CAB(g)
Series A, (NPFGC), 0.00%, 09/01/31		6,000		4,945,500
Series A, (NPFGC), 0.00%, 09/01/33		2,650		2,049,696
				13,172,442
Total Municipal Bonds in New Jersey				446,746,842
New York — 5.2%
Transportation — 5.2%
Port Authority of New York & New Jersey, ARB
6.00%, 12/01/42		4,580		4,593,282
Series 6, AMT, (NPFGC), 5.75%, 12/01/22		3,800		3,809,234
Port Authority of New York & New Jersey, Refunding ARB
Consolidated, 169th Series, AMT, 5.00%, 10/15/41		250		258,263
Consolidated, 206th Series, AMT, 5.00%, 11/15/42		1,365		1,584,465
Port Authority of New York & New Jersey, Refunding RB
Consolidated, 200th Series, 5.00%, 09/01/36		2,495		3,080,402
Consolidated, 212th Series, 4.00%, 09/01/37		5,635		6,425,421
Total Municipal Bonds in New York				19,751,067
Pennsylvania — 1.2%
Transportation — 1.2%
Delaware River Port Authority, RB, 5.00%, 01/01/40		4,000		4,414,040
Puerto Rico — 6.4%
State — 4.4%
Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, RB
Series A-1, Restructured, 4.75%, 07/01/53		2,225		2,332,556
Series A-1, Restructured, 5.00%, 07/01/58		9,254		9,841,999
Series A-2, Restructured, 4.33%, 07/01/40		1,131		1,164,172
Series A-2, Restructured, 4.78%, 07/01/58		2,028		2,129,177
Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, RB, CAB, Series A-1, Restructured, 0.00%, 07/01/46(g)		4,385		1,260,951
				16,728,855
Tobacco — 0.4%
Children’s Trust Fund, Refunding RB
5.50%, 05/15/39		760		775,055
5.63%, 05/15/43		790		797,600
				1,572,655
Utilities — 1.6%
Puerto Rico Commonwealth Aqueduct & Sewer Authority, RB
Series A, Senior Lien, 5.00%, 07/01/33		2,995		3,039,955

Security	Par (000)		Value
Utilities (continued)
Puerto Rico Commonwealth Aqueduct & Sewer Authority, RB (continued)
Series A, Senior Lien, 5.13%, 07/01/37	$	855	$	867,979
Puerto Rico Commonwealth Aqueduct & Sewer Authority, Refunding RB, Series A, Senior Lien, 6.00%, 07/01/38		1,980		1,983,386
				5,891,320
Total Municipal Bonds in Puerto Rico				24,192,830
Total Municipal Bonds — 132.0% (Cost: $466,862,830)				497,408,176
Municipal Bonds Transferred to Tender Option Bond Trusts(h)
New Jersey — 26.0%
Corporate(i) — 5.1%
New Jersey Economic Development Authority, Refunding RB
AMT, 3.00%, 08/01/41		7,879		7,960,096
AMT, 3.00%, 08/01/43		11,331		11,448,228
				19,408,324
County/City/Special District/School District — 8.3%
Hudson County Improvement Authority, RB, 5.25%, 05/01/51		2,560		2,996,403
Union County Utilities Authority, Refunding RB
Series A, 5.00%, 06/15/41		6,981		7,158,538
Series A, AMT, 5.25%, 12/01/31		20,310		21,306,205
				31,461,146
Education — 3.0%
Rutgers The State University of New Jersey, Refunding RB, Series L, 5.00%, 05/01/23(c)		10,000		11,163,900
Health — 1.6%
New Jersey Health Care Facilities Financing Authority, RB, 4.00%, 07/01/47		5,555		6,052,394
State — 4.1%
Garden State Preservation Trust, RB, Series A, 5.75%, 11/01/28		5,460		6,836,247
New Jersey Economic Development Authority, Refunding RB, Series NN, 5.00%, 03/01/29(i)		8,017		8,545,697
				15,381,944
Transportation — 3.9%
New Jersey Turnpike Authority, RB, Series A, 5.00%, 07/01/22(c)(i)		13,520		14,572,262
Total Municipal Bonds in New Jersey				98,039,970

3

Schedule of Investments  (unaudited) (continued) October 31, 2020 BlackRock MuniYield New Jersey Fund, Inc. (MYJ) (Percentages shown are based on Net Assets)

Security	Par (000)		Value
New York — 4.5%
Transportation — 4.5%
Port Authority of New York & New Jersey, Refunding ARB, AMT, Consolidated, 169th Series, 5.00%, 10/15/41	$	16,255	$	16,791,921
Total Municipal Bonds Transferred to Tender Option Bond Trusts — 30.5% (Cost: $109,527,700)				114,831,891
Total Long-Term Investments — 162.5% (Cost: $576,390,530)				612,240,067
	Shares
Short-Term Securities
Money Market Funds — 0.1%
BlackRock Liquidity Funds, MuniCash, Institutional Class, 0.01%(j)(k)		541,437		541,491
Total Short-Term Securities — 0.1% (Cost: $541,545)				541,491
Total Investments — 162.6% (Cost: $576,932,075)				612,781,558
Other Assets Less Liabilities — 1.9%				7,065,570
Liability for TOB Trust Certificates, Including Interest Expense and Fees Payable — (16.8)%				(63,387,052	)
VRDP Shares at Liquidation Value, Net of Deferred Offering Costs — (47.7)%				(179,697,738	)
Net Assets Applicable to Common Shares — 100.0%			$	376,762,338

(^a)  Security is collateralized by municipal bonds or U.S. Treasury obligations.

^(b)  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.

^(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)  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.

^(e)  Issuer filed for bankruptcy and/or is in default.

^(f)  Non-income producing security.

^(g)  Zero-coupon bond.

^(h)  Represent bonds transferred to a TOB Trust in exchange of cash and residual certificates received by the Fund. These bonds serve as collateral in a secured borrowing.

⁽ⁱ⁾  All or a portion of the security is subject to a recourse agreement. The aggregate maximum potential amount the Fund could ultimately be required to pay under the agreements, which expire between January 1, 2022 to February 1, 2037, is $25,936,359.

^(j) Affiliate of the Fund.

^(k)  Annualized 7-day yield as of period end.

Affiliates

Investments in issuers considered to be affiliate(s) of the Fund during the period ended October 31, 2020 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

Affiliated Issuer	Value at 07/31/20		Purchases at Cost		Proceeds from Sales			Net Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)			Value at 10/31/20		Shares Held at 10/31/20		Income		Capital Gain Distributions from Underlying Funds
BlackRock Liquidity Funds, MuniCash, Institutional Class	$	4,006,566	$	—	$	(3,464,880	)(a)	$	2,186	$	(2,381	)	$	541,491		541,437	$	64	$	—

^(a)  Represents net amount purchased (sold).

For Fund compliance purposes, the Fund’s sector classifications refer to one or more of the sector sub-classifications used by one or more widely recognized market indexes or rating group indexes, and/or as defined by the investment adviser. These definitions may not apply for purposes of this report, which may combine such sector sub-classifications for reporting ease.

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		129		12/21/20	$	17,830	$	98,587
U.S. Long Treasury Bond		39		12/21/20		6,726		82,977
							$	181,564

4

Schedule of Investments  (unaudited) (continued) October 31, 2020 BlackRock MuniYield New Jersey Fund, Inc. (MYJ)

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 Fund 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)

• 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 Fund’s policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following tables summarize the Fund’s investments and derivative financial instruments categorized in the disclosure hierarchy. The breakdown of the Fund’s investments 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	$	—	$	497,408,176	$	—	$	497,408,176
Municipal Bonds Transferred to Tender Option Bond Trusts		—		114,831,891		—		114,831,891
Short-Term Securities
Money Market Funds		541,491		—		—		541,491
	$	541,491	$	612,240,067	$	—	$	612,781,558
Derivative Financial Instruments(a)
Assets
Interest Rate Contracts	$	181,564	$	—	$	—	$	181,564

^(a)  Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.

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

	Level 1		Level 2			Level 3		Total
Liabilities
TOB Trust Certificates	$	—	$	(63,367,567	)	$	—	$	(63,367,567	)
VRDP Shares at Liquidation Value		—		(180,000,000	)		—		(180,000,000	)
	$	—	$	(243,367,567	)	$	—	$	(243,367,567	)

Portfolio Abbreviation
AGM	Assured Guaranty Municipal Corp.
AMBAC	AMBAC Assurance Corp.
AMT	Alternative Minimum Tax
ARB	Airport Revenue Bonds
BAM	Build America Mutual Assurance Co.
CAB	Capital Appreciation Bonds
COP	Certificates of Participation

Portfolio Abbreviation (continued)
GO	General Obligation Bonds
GTD	GTD Guaranteed
M/F	Multi-Family
NPFGC	National Public Finance Guarantee Corp.
RB	Revenue Bond
S/F	Single-Family
SAB	Special Assessment Bonds

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