BlackRock Allocation Target Shares Series M

Class M (BRAMX)

Fund Holdings

Asset Allocation

% Long % Short % Net
Cash 90.38 66.44 23.94
Stocks 0.0 0.0 0.0
Bonds 48.94 0.0 48.94
Other 0.57 0.0 0.57
Foreign Bonds 27.35 0.79 26.56
Foreign Stocks 0.0 0.0 0.0
Convertible 0.0 0.0 0.0
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
Freddie Mac Gold Single Family TBA 4% 2044-03-01 5.76
Freddie Mac Gold Single Family TBA 3% 2044-03-01 4.97
BEAR STEARNS CMBS 2007-PWR17 4.01
Ginnie Mae Jumbos TBA 3.5% 2044-03-01 3.28
Fannie Mae Single Family TBA 3% 2029-03-01 3.19
Fannie Mae Single Family TBA 2.5% 2029-03-01 3.06
Sallie Mae FRN 2.67
Bear Stearns Cmbs 2004-Top16 CMO 2.42
CSFB COML MTG PTC 2006-C4 2.03
GNMA 4% 1.89