BlackRock Allocation Target Shares Series S

Class S (BRASX)

Fund Holdings

Asset Allocation

% Long % Short % Net
Cash 8.43 40.31 -31.89
Stocks 0.0 0.0 0.0
Bonds 114.92 0.0 114.92
Other 0.12 0.02 0.1
Foreign Bonds 16.29 0.04 16.25
Foreign Stocks 0.0 0.0 0.0
Convertible 0.62 0.0 0.62
Preferred 0.0 0.0 0.0

Updated 02.28.2014

Top 10 Holdings

Performance as of 03.31.2014

Portfolio as of 02.28.2014

% Net Assets
US Treasury Note 0.625% 9.62
US Treasury Note 0.625% 8.34
US Treasury Note 0.75% 5.44
Fannie Mae Single Family TBA 3% 2029-03-01 2.99
US Treasury Note 0.625% 2.69
Fannie Mae Single Family TBA 2.5% 2029-03-01 2.2
Citibank Ccit 2007-A8 5.65% 1.87
Verizon Comms 2.5% 1.58
US Treasury Note 0.625% 1.51
Fannie Mae Single Family TBA 3.5% 2029-03-01 1.43