BlackRock Allocation Target Shares Series M

Class M (BRAMX)

Fund Holdings

Asset Allocation

% Long % Short % Net
Cash 31.43 63.51 -32.08
Stocks 0.0 0.0 0.0
Bonds 79.38 0.0 79.38
Other 0.0 0.0 0.0
Foreign Bonds 64.46 11.76 52.7
Foreign Stocks 0.0 0.0 0.0
Convertible 0.0 0.0 0.0
Preferred 0.0 0.0 0.0

Updated 03.31.2013

Top 10 Holdings

Performance as of 04.30.2013

Portfolio as of 03.31.2013

% Net Assets
Fannie Mae Single Family TBA 4.5% 2043-04-01 11.31
Fannie Mae Single Family TBA 3% 2043-04-01 5.85
Fannie Mae Single Family TBA 4% 2043-04-01 4.78
Ginnie Mae Single Family TBA 6.5% 2043-04-01 4.67
BEAR STEARNS CMBS 2007-PWR17 4.47
Fannie Mae Single Family TBA 3% 2043-05-01 4.34
Freddie Mac Gold Single Family TBA 3% 2043-04-01 3.87
GS MTG COML 2007-GG10 3.74
Fannie Mae Single Family TBA 5% 2043-04-01 3.32
Fannie Mae Single Family TBA 3.5% 2043-04-01 3.23
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