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iShares Disciplined Volatility Equity Active ETF (BDVL) is an actively managed fund designed to provide exposure to a diversified portfolio of global stocks with lower volatility than the broader equity market. Formerly an open-end mutual fund, it transitioned to an ETF format in September 2025. www.blackrock.com Top 10 Holdings

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As of late March/April 2026, the fund's largest positions reflect a mix of defensive and growth-oriented global equities. www.blackrock.com iShares MSCI India ETF (INDA) : ~3.0 - 3.2% : ~2.5 - 3.6% Microsoft Corp (MSFT) Verizon Communications (VZ) Alphabet Inc Class C (GOOG) ASML Holding NV (ASML) Howmet Aerospace Inc (HWM) Amphenol Corp (APH) Amazon.com Inc (AMZN) Johnson & Johnson (JNJ) Core Investment Strategy Risk-Adjusted Returns : Managed by the BlackRock Global Allocation Team iShares Disciplined Volatility Equity Active ETF (BDVL) is

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Technology Services:

Includes software-as-a-service (SaaS) and infrastructure providers. Top Individual Positions

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