Schedule of Investments (unaudited)  November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)		Value
U.S. Government & Agency Obligations
Mortgage-Backed Securities — 98.6%
Federal Home Loan Mortgage Corp.
1.50%, 12/01/35(a)	$	102,550	$	105,157,815
1.50%, 12/01/50(a)		30,275		30,625,218
2.00%, 03/01/28		97		101,001
2.00%, 05/01/28		20		20,547
2.00%, 08/01/28		292		304,028
2.00%, 09/01/28		181		188,032
2.00%, 12/01/28		47		49,275
2.00%, 01/01/30		231		240,149
2.00%, 08/01/35		22,212		23,283,896
2.00%, 09/01/35		1,461		1,534,362
2.00%, 11/01/35		6,079		6,384,356
2.00%, 12/01/35(a)		588,075		612,287,147
2.00%, 09/01/50		3,742		3,907,164
2.00%, 10/01/50		18,619		19,454,470
2.00%, 12/01/50(a)		935,875		971,998,989
2.34%, 08/01/43, (12 mo. LIBOR US + 1.600%)(b)		103		106,982
2.37%, 06/01/43, (12 mo. LIBOR US + 1.495%)(b)		39		39,950
2.40%, 11/01/40, (12 mo. LIBOR US + 1.900%)(b)		392		404,835
2.41%, 09/01/41, (12 mo. LIBOR US + 1.880%)(b)		632		654,369
2.44%, 05/01/43, (12 mo. LIBOR US + 1.650%)(b)		391		405,090
2.50%, 12/01/25		616		640,421
2.50%, 03/01/27		56		58,440
2.50%, 06/01/27		59		61,015
2.50%, 07/01/27		476		494,952
2.50%, 08/01/27		994		1,033,960
2.50%, 09/01/27		1,196		1,247,091
2.50%, 11/01/27		495		515,306
2.50%, 12/01/27		8		8,607
2.50%, 01/01/28		16		16,596
2.50%, 02/01/28		7,430		7,761,019
2.50%, 03/01/28		1,120		1,169,711
2.50%, 04/01/28		752		786,675
2.50%, 05/01/28		157		163,489
2.50%, 06/01/28		224		233,053
2.50%, 07/01/28		705		732,827
2.50%, 09/01/28		135		140,380
2.50%, 07/01/29		3,146		3,285,773
2.50%, 08/01/29		371		389,348
2.50%, 10/01/29		275		288,086
2.50%, 12/01/29		2,171		2,263,437
2.50%, 01/01/30		12,777		13,307,933
2.50%, 02/01/30		1,503		1,574,711
2.50%, 03/01/30		6,347		6,645,691
2.50%, 04/01/30		7,852		8,218,046
2.50%, 05/01/30		7,797		8,173,506
2.50%, 06/01/30		20,388		21,330,023
2.50%, 07/01/30		1,408		1,480,391
2.50%, 08/01/30		997		1,043,128
2.50%, 09/01/30		664		696,165
2.50%, 10/01/30		14		15,049
2.50%, 12/01/30		18		19,176
2.50%, 01/01/31		70		72,624
2.50%, 04/01/31		9		9,422
2.50%, 06/01/31		1,256		1,321,527
2.50%, 08/01/31		1,952		2,054,913
2.50%, 09/01/31		1,676		1,766,351
2.50%, 10/01/31		9,085		9,507,351

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
2.50%, 11/01/31	$	8,808		$	9,252,388
2.50%, 12/01/31		23,357			24,402,905
2.50%, 01/01/32		27,492			29,201,597
2.50%, 02/01/32		18,456			19,359,649
2.50%, 07/01/32		2,602			2,759,139
2.50%, 08/01/32		2,804			2,922,734
2.50%, 09/01/32		13,225			13,917,501
2.50%, 10/01/32		2,481			2,608,723
2.50%, 11/01/32		25,550			26,631,617
2.50%, 12/01/32		1,353			1,410,051
2.50%, 01/01/33		11,957			12,621,404
2.50%, 02/01/33		1,878			1,992,280
2.50%, 04/01/33		2,436			2,535,470
2.50%, 08/01/33		559			589,822
2.50%, 06/01/34		1,238			1,284,763
2.50%, 04/01/35		13,078			13,620,013
2.50%, 05/01/35		9,957			10,368,945
2.50%, 07/01/35		6,891			7,329,720
2.50%, 09/01/35		14,706			15,637,959
2.50%, 10/01/35		6,546			6,944,068
2.50%, 01/01/43		112			119,657
2.50%, 02/01/43		1,252			1,333,201
2.50%, 03/01/43		148			157,299
2.50%, 04/01/43		538			573,799
2.50%, 06/01/43		473			502,702
2.50%, 07/01/43		1,997			2,121,346
2.50%, 08/01/43		229			243,363
2.50%, 04/01/45		168			175,944
2.50%, 07/01/45		39			40,718
2.50%, 01/01/46		171			179,556
2.50%, 11/01/46		122			128,050
2.50%, 12/01/46		1,503			1,577,262
2.50%, 01/01/47		1,535			1,610,544
2.50%, 02/01/47		32			33,077
2.50%, 03/01/47		3,271			3,431,547
2.50%, 05/01/50		3,057			3,305,078
2.50%, 06/01/50		7,654			8,067,874
2.50%, 08/01/50		7,392			7,961,161
2.50%, 09/01/50		44,142			46,876,930
2.50%, 10/01/50		31,276			33,077,393
2.50%, 11/01/50		12,014			12,725,605
2.50%, 12/01/50		52,512			55,049,818
2.66%, 08/01/41, (12 mo. LIBOR US + 1.763%)(b)		79			82,058
2.67%, 11/01/40, (12 mo. LIBOR US + 1.910%)(b)		265			275,888
2.75%, 07/01/41, (12 mo. LIBOR US + 1.890%)(b)		51			53,524
2.76%, 11/01/41, (12 mo. LIBOR US + 1.891%)(b)		694			725,517
2.90%, 05/01/42, (12 mo. LIBOR US + 1.803%)(b)		683			709,133
3.00%, 01/01/21		0	(c)		480
3.00%, 08/01/21		0	(c)		280
3.00%, 09/01/21		24			24,009
3.00%, 09/01/21		0	(c)		306
3.00%, 10/01/21		18			18,346
3.00%, 12/01/21		15			14,756
3.00%, 10/01/22		6			6,587
3.00%, 12/01/22		27			28,703
3.00%, 02/01/23		51			53,707
3.00%, 12/01/25		17			17,720
3.00%, 01/01/26		28			28,948
3.00%, 10/01/26		399			418,547
3.00%, 11/01/26		455			476,221

1

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)		Value
Mortgage-Backed Securities (continued)
3.00%, 12/01/26	$	346	$	363,281
3.00%, 01/01/27		23		23,918
3.00%, 02/01/27		1,037		1,088,867
3.00%, 03/01/27		16		17,088
3.00%, 04/01/27		1,343		1,412,146
3.00%, 05/01/27		5,656		5,938,973
3.00%, 06/01/27		2,219		2,329,438
3.00%, 07/01/27		133		140,112
3.00%, 08/01/27		559		587,023
3.00%, 09/01/27		5,994		6,295,758
3.00%, 11/01/27		975		1,023,302
3.00%, 12/01/27		570		599,154
3.00%, 01/01/28		126		132,938
3.00%, 04/01/28		66		69,648
3.00%, 05/01/28		450		475,127
3.00%, 06/01/28		1,440		1,512,185
3.00%, 07/01/28		24		25,222
3.00%, 09/01/28		3,286		3,460,191
3.00%, 10/01/28		720		757,469
3.00%, 11/01/28		129		135,685
3.00%, 01/01/29		548		578,621
3.00%, 04/01/29		5,146		5,449,488
3.00%, 05/01/29		8,279		8,739,494
3.00%, 06/01/29		1,625		1,715,772
3.00%, 07/01/29		860		908,402
3.00%, 09/01/29		67		70,637
3.00%, 10/01/29		234		247,310
3.00%, 11/01/29		1,792		1,891,295
3.00%, 12/01/29		2,098		2,224,546
3.00%, 01/01/30		312		329,443
3.00%, 02/01/30		3,601		3,820,247
3.00%, 03/01/30		619		652,635
3.00%, 05/01/30		4,445		4,689,606
3.00%, 06/01/30		5,639		5,940,490
3.00%, 07/01/30		3,218		3,407,021
3.00%, 08/01/30		622		660,218
3.00%, 09/01/30		4,047		4,273,588
3.00%, 10/01/30		978		1,031,783
3.00%, 11/01/30		1,419		1,501,180
3.00%, 12/01/30		1,036		1,093,360
3.00%, 01/01/31		1,851		1,965,168
3.00%, 02/01/31		7,214		7,600,778
3.00%, 03/01/31		4,265		4,494,252
3.00%, 04/01/31		1,122		1,202,737
3.00%, 05/01/31		10,933		11,519,465
3.00%, 06/01/31		8,766		9,259,713
3.00%, 07/01/31		631		664,478
3.00%, 09/01/31		2,062		2,172,165
3.00%, 10/01/31		271		288,374
3.00%, 12/01/31		861		925,109
3.00%, 01/01/32		3,339		3,519,743
3.00%, 02/01/32		830		885,010
3.00%, 03/01/32		6,647		7,076,568
3.00%, 07/01/32		525		559,733
3.00%, 08/01/32		1,957		2,087,217
3.00%, 09/01/32		4,632		4,922,236
3.00%, 10/01/32		685		736,375
3.00%, 11/01/32		9,635		10,372,726
3.00%, 12/01/32		9,728		10,360,353
3.00%, 01/01/33		6,252		6,668,651

Security	Par (000)		Value
Mortgage-Backed Securities (continued)
3.00%, 02/01/33	$	5,515	$	5,834,529
3.00%, 03/01/33		153		160,082
3.00%, 05/01/33		17,642		18,562,783
3.00%, 07/01/33		2,574		2,767,465
3.00%, 08/01/33		1,286		1,372,625
3.00%, 11/01/33		801		862,621
3.00%, 02/01/35		5,146		5,446,819
3.00%, 03/01/35		2,532		2,697,326
3.00%, 04/01/35		1,069		1,151,304
3.00%, 05/01/35		1,273		1,371,423
3.00%, 06/01/35		2,390		2,578,764
3.00%, 07/01/35		7,745		8,241,017
3.00%, 10/01/35		2,615		2,803,431
3.00%, 03/01/42		49		51,856
3.00%, 08/01/42		13		13,752
3.00%, 10/01/42		1,035		1,103,041
3.00%, 11/01/42		23,113		24,661,749
3.00%, 12/01/42		78		82,482
3.00%, 01/01/43		7,881		8,398,872
3.00%, 02/01/43		6,319		6,736,017
3.00%, 03/01/43		1,952		2,078,927
3.00%, 04/01/43		1,231		1,310,773
3.00%, 05/01/43		1,695		1,804,534
3.00%, 06/01/43		1,733		1,844,819
3.00%, 07/01/43		3,708		3,947,749
3.00%, 08/01/43		1,573		1,676,533
3.00%, 09/01/43		3,609		3,842,870
3.00%, 10/01/43		1,626		1,758,655
3.00%, 04/01/44		63		66,789
3.00%, 01/01/45		16		16,725
3.00%, 02/01/45		3,266		3,529,864
3.00%, 03/01/45		450		480,044
3.00%, 04/01/45		50,184		53,017,981
3.00%, 05/01/45		12,831		13,807,930
3.00%, 06/01/45		1,633		1,725,343
3.00%, 07/01/45		4,982		5,293,078
3.00%, 08/01/45		1,061		1,130,479
3.00%, 10/01/45		345		364,699
3.00%, 11/01/45		1,009		1,082,509
3.00%, 12/01/45		12,220		12,905,356
3.00%, 01/01/46		3,585		3,786,200
3.00%, 02/01/46		255		269,295
3.00%, 03/01/46		42,575		44,819,867
3.00%, 04/01/46		854		899,091
3.00%, 05/01/46		1,095		1,152,348
3.00%, 06/01/46		4,321		4,551,092
3.00%, 07/01/46		1,536		1,616,765
3.00%, 08/01/46		30,149		31,914,531
3.00%, 09/01/46		22,827		24,175,899
3.00%, 10/01/46		48,423		51,639,733
3.00%, 11/01/46		61,083		64,364,735
3.00%, 12/01/46		97,957		103,560,707
3.00%, 01/01/47		22,273		23,527,547
3.00%, 02/01/47		99,882		106,339,177
3.00%, 03/01/47		1,842		1,939,155
3.00%, 04/01/47		1,907		2,067,883
3.00%, 05/01/47		27,345		29,352,517
3.00%, 06/01/47		20,798		22,334,745
3.00%, 07/01/47		27,039		28,491,554
3.00%, 08/01/47		4,776		5,028,302

2

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
3.00%, 10/01/47	$	8,110		$	8,537,698
3.00%, 11/01/47		1,320			1,413,988
3.00%, 12/01/47		954			1,041,117
3.00%, 01/01/48		4,567			4,891,089
3.00%, 02/01/48		1,577			1,703,062
3.00%, 07/01/48		1,061			1,111,451
3.00%, 10/01/48		1,008			1,057,798
3.00%, 11/01/48		1,891			1,979,902
3.00%, 03/01/50		5,269			5,739,250
3.00%, 04/01/50		243			260,678
3.00%, 05/01/50		360			385,675
3.00%, 06/01/50		9,635			10,265,647
3.00%, 08/01/50		23,863			25,713,937
3.15%, 12/01/38, (12 mo. LIBOR US + 1.762%)(b)		456			474,286
3.32%, 01/01/42, (12 mo. LIBOR US + 1.900%)(b)		349			364,362
3.50%, 01/01/21		0	(c)		733
3.50%, 01/01/21		1			607
3.50%, 03/01/21		9			8,585
3.50%, 04/01/21		17			17,173
3.50%, 07/01/21		4			3,848
3.50%, 08/01/23		4			4,116
3.50%, 10/01/23		63			66,819
3.50%, 11/01/23		5			4,750
3.50%, 10/01/25		167			177,051
3.50%, 11/01/25		5,987			6,351,422
3.50%, 12/01/25		51			53,989
3.50%, 01/01/26		213			225,455
3.50%, 02/01/26		675			715,057
3.50%, 03/01/26		1,305			1,383,169
3.50%, 04/01/26		146			154,377
3.50%, 05/01/26		53			56,900
3.50%, 06/01/26		444			470,702
3.50%, 07/01/26		445			471,896
3.50%, 08/01/26		806			854,274
3.50%, 09/01/26		18			18,700
3.50%, 10/01/26		1,650			1,751,788
3.50%, 01/01/27		52			55,065
3.50%, 02/01/27		4			4,303
3.50%, 03/01/27		328			349,409
3.50%, 04/01/27		25			26,738
3.50%, 01/01/28		428			458,089
3.50%, 12/01/28		120			128,699
3.50%, 02/01/29		33			35,782
3.50%, 03/01/29		22			23,278
3.50%, 06/01/29		1,961			2,105,420
3.50%, 07/01/29		224			240,133
3.50%, 08/01/29		340			364,602
3.50%, 09/01/29		46			49,300
3.50%, 10/01/29		1,990			2,137,910
3.50%, 11/01/29		15			15,630
3.50%, 01/01/30		24			25,396
3.50%, 02/01/30		180			192,687
3.50%, 06/01/30		254			276,924
3.50%, 09/01/30		33			34,991
3.50%, 05/01/31		4,156			4,490,897
3.50%, 01/01/32		1,858			2,024,948
3.50%, 03/01/32		310			328,613
3.50%, 04/01/32		3,197			3,485,249
3.50%, 05/01/32		2,850			3,091,194
3.50%, 06/01/32		5,273			5,660,955

Security	Par (000)		Value
Mortgage-Backed Securities (continued)
3.50%, 07/01/32	$	3,173	$	3,411,687
3.50%, 09/01/32		3,051		3,244,496
3.50%, 01/01/33		1,523		1,641,609
3.50%, 02/01/33		997		1,090,266
3.50%, 03/01/33		2,966		3,209,465
3.50%, 06/01/33		2,385		2,589,435
3.50%, 07/01/33		1,581		1,683,895
3.50%, 09/01/33		1,401		1,507,998
3.50%, 11/01/34		349		383,345
3.50%, 12/01/34		12,887		13,980,634
3.50%, 01/01/35		486		518,452
3.50%, 02/01/35		628		690,188
3.50%, 05/01/35		10,890		11,960,878
3.50%, 03/01/38		13,618		14,498,932
3.50%, 06/01/38		16,567		17,489,082
3.50%, 02/01/41		26		27,613
3.50%, 10/01/41		29		30,909
3.50%, 11/01/41		91		99,157
3.50%, 01/01/42		316		343,282
3.50%, 02/01/42		487		527,687
3.50%, 03/01/42		3,031		3,288,864
3.50%, 04/01/42		1,542		1,673,463
3.50%, 05/01/42		2,235		2,422,356
3.50%, 06/01/42		923		999,620
3.50%, 08/01/42		110		119,337
3.50%, 09/01/42		7,012		7,607,478
3.50%, 10/01/42		2,624		2,843,973
3.50%, 11/01/42		1,628		1,762,264
3.50%, 01/01/43		1,668		1,805,388
3.50%, 02/01/43		1,605		1,743,119
3.50%, 04/01/43		23		25,148
3.50%, 06/01/43		4,665		5,101,648
3.50%, 07/01/43		3,046		3,295,560
3.50%, 08/01/43		29		30,841
3.50%, 09/01/43		31		33,163
3.50%, 12/01/43		288		320,759
3.50%, 01/01/44		450		487,131
3.50%, 08/01/44		933		1,003,683
3.50%, 09/01/44		3,293		3,563,524
3.50%, 10/01/44		19,743		21,249,442
3.50%, 11/01/44		734		804,006
3.50%, 12/01/44		9,021		9,884,068
3.50%, 02/01/45		1,828		2,009,823
3.50%, 03/01/45		9,186		9,974,515
3.50%, 04/01/45		8		8,340
3.50%, 05/01/45		112		119,909
3.50%, 06/01/45		1,049		1,139,192
3.50%, 08/01/45		26,865		29,100,094
3.50%, 09/01/45		21		22,384
3.50%, 11/01/45		777		831,380
3.50%, 12/01/45		13,628		14,759,102
3.50%, 01/01/46		10,914		11,771,368
3.50%, 03/01/46		13,554		14,567,066
3.50%, 04/01/46		5,116		5,477,634
3.50%, 05/01/46		39,115		42,651,349
3.50%, 06/01/46		10,165		11,229,329
3.50%, 07/01/46		11,979		12,833,297
3.50%, 08/01/46		11,596		12,332,265
3.50%, 09/01/46		14,374		15,494,258
3.50%, 10/01/46		1,350		1,433,246

3

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
3.50%, 11/01/46	$	2,396		$	2,545,547
3.50%, 12/01/46		13,274			14,363,160
3.50%, 01/01/47		3,623			3,847,004
3.50%, 02/01/47		24,486			26,089,948
3.50%, 03/01/47		18,690			19,751,477
3.50%, 04/01/47		7,757			8,238,468
3.50%, 05/01/47		13,605			14,530,015
3.50%, 06/01/47		437			461,959
3.50%, 07/01/47		17,340			18,349,545
3.50%, 08/01/47		7,513			8,067,685
3.50%, 09/01/47		56,429			60,418,694
3.50%, 10/01/47		17,318			18,587,371
3.50%, 11/01/47		7,717			8,161,919
3.50%, 12/01/47		22,362			23,755,240
3.50%, 01/01/48		2,946			3,119,434
3.50%, 02/01/48		84,304			88,876,456
3.50%, 03/01/48		33,807			35,846,561
3.50%, 04/01/48		4,038			4,358,019
3.50%, 05/01/48		21,479			22,910,864
3.50%, 04/01/49		12,943			13,820,462
3.50%, 05/01/49		1,947			2,100,761
3.50%, 06/01/49		21,384			23,004,666
3.50%, 07/01/49		14,454			15,623,565
3.50%, 08/01/49		2,670			2,854,987
3.50%, 01/01/50		6,743			7,190,414
3.50%, 06/01/50		6,562			7,237,740
3.50%, 09/01/50		70,033			76,412,481
3.90%, 12/01/33, (12 mo. LIBOR US + 2.250%)(b)		56			57,483
3.90%, 11/01/40, (12 mo. LIBOR US + 1.775%)(b)		11			11,274
4.00%, 12/01/20		0	(c)		8
4.00%, 04/01/21		32			31,640
4.00%, 04/01/23		0	(c)		261
4.00%, 04/01/24		9			9,543
4.00%, 04/01/24		0	(c)		321
4.00%, 05/01/24		35			35,975
4.00%, 06/01/24		2			1,892
4.00%, 07/01/24		12			12,604
4.00%, 08/01/24		3			3,141
4.00%, 09/01/24		15			16,364
4.00%, 11/01/24		16			17,493
4.00%, 12/01/24		21			22,822
4.00%, 01/01/25		16			17,292
4.00%, 02/01/25		29			30,374
4.00%, 03/01/25		21			22,539
4.00%, 04/01/25		41			42,971
4.00%, 05/01/25		1,053			1,118,313
4.00%, 06/01/25		22			22,863
4.00%, 07/01/25		21			23,340
4.00%, 08/01/25		69			73,151
4.00%, 09/01/25		1			1,212
4.00%, 10/01/25		746			791,925
4.00%, 02/01/26		714			759,092
4.00%, 03/01/26		2			2,031
4.00%, 04/01/26		13			14,459
4.00%, 05/01/26		38			40,874
4.00%, 07/01/26		21			22,665
4.00%, 11/01/28		30			31,674
4.00%, 05/01/32		2,326			2,536,507
4.00%, 05/01/33		2,741			2,909,399
4.00%, 09/01/33		1			1,446

Security	Par (000)		Value
Mortgage-Backed Securities (continued)
4.00%, 11/01/33	$	69	$	73,816
4.00%, 01/01/34		513		544,315
4.00%, 11/01/34		798		887,224
4.00%, 07/01/38		5,634		6,103,239
4.00%, 04/01/39		29		33,391
4.00%, 06/01/39		48		53,830
4.00%, 07/01/39		129		142,507
4.00%, 08/01/39		16		17,594
4.00%, 09/01/39		18		19,900
4.00%, 10/01/39		89		97,893
4.00%, 11/01/39		28		31,342
4.00%, 12/01/39		53		58,668
4.00%, 01/01/40		80		88,457
4.00%, 02/01/40		17		18,887
4.00%, 03/01/40		9		9,493
4.00%, 05/01/40		31		33,966
4.00%, 06/01/40		11		12,496
4.00%, 09/01/40		30		32,616
4.00%, 10/01/40		268		296,412
4.00%, 12/01/40		1,781		1,964,449
4.00%, 01/01/41		302		333,554
4.00%, 02/01/41		520		573,180
4.00%, 04/01/41		83		90,996
4.00%, 06/01/41		57		63,096
4.00%, 07/01/41		34		37,601
4.00%, 08/01/41		83		90,820
4.00%, 09/01/41		5,231		5,771,229
4.00%, 10/01/41		231		254,547
4.00%, 11/01/41		605		669,862
4.00%, 12/01/41		147		162,563
4.00%, 01/01/42		67		74,023
4.00%, 02/01/42		9,076		10,003,159
4.00%, 03/01/42		92		101,774
4.00%, 05/01/42		303		333,707
4.00%, 07/01/42		602		675,590
4.00%, 08/01/42		3,213		3,542,663
4.00%, 04/01/43		3,884		4,273,500
4.00%, 08/01/43		577		634,882
4.00%, 10/01/43		501		545,199
4.00%, 11/01/43		8		9,071
4.00%, 12/01/43		1,467		1,623,335
4.00%, 01/01/44		123		134,853
4.00%, 02/01/44		1,887		2,087,964
4.00%, 03/01/44		42		45,399
4.00%, 04/01/44		875		970,328
4.00%, 05/01/44		986		1,077,111
4.00%, 06/01/44		2,410		2,631,827
4.00%, 07/01/44		5,286		5,828,392
4.00%, 08/01/44		57		62,869
4.00%, 09/01/44		1,073		1,170,931
4.00%, 10/01/44		631		688,560
4.00%, 11/01/44		766		825,571
4.00%, 12/01/44		2,633		2,874,487
4.00%, 01/01/45		2,043		2,234,255
4.00%, 02/01/45		11,497		12,599,358
4.00%, 04/01/45		11,129		12,475,326
4.00%, 06/01/45		29		31,791
4.00%, 07/01/45		2,781		3,030,496
4.00%, 08/01/45		30		32,988
4.00%, 09/01/45		5,707		6,217,763

4

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
4.00%, 10/01/45	$	2,499		$	2,723,156
4.00%, 11/01/45		1,071			1,167,791
4.00%, 12/01/45		1,078			1,178,819
4.00%, 01/01/46		2,475			2,703,992
4.00%, 02/01/46		2,062			2,246,559
4.00%, 03/01/46		2,731			2,965,333
4.00%, 04/01/46		3,369			3,673,221
4.00%, 05/01/46		11,280			12,251,257
4.00%, 06/01/46		263			285,616
4.00%, 07/01/46		4,181			4,563,287
4.00%, 08/01/46		180			195,201
4.00%, 09/01/46		2,153			2,338,310
4.00%, 10/01/46		2,287			2,491,720
4.00%, 11/01/46		36,472			39,612,929
4.00%, 12/01/46		75			81,176
4.00%, 01/01/47		400			443,613
4.00%, 02/01/47		11,463			12,450,669
4.00%, 04/01/47		428			465,860
4.00%, 06/01/47		6,559			7,246,669
4.00%, 07/01/47		2,201			2,361,000
4.00%, 08/01/47		17,506			18,870,747
4.00%, 09/01/47		277			296,976
4.00%, 10/01/47		2,406			2,580,687
4.00%, 11/01/47		7,264			7,857,933
4.00%, 12/01/47		12,995			14,174,509
4.00%, 01/01/48		8,897			9,668,790
4.00%, 02/01/48		20,642			22,277,328
4.00%, 04/01/48		2,193			2,389,445
4.00%, 05/01/48		2,786			3,038,042
4.00%, 06/01/48		35,769			39,051,252
4.00%, 07/01/48		43,736			46,598,352
4.00%, 08/01/48		46,701			50,280,566
4.00%, 09/01/48		37,875			40,378,489
4.00%, 10/01/48		115,859			124,685,057
4.00%, 11/01/48		2,762			3,007,255
4.00%, 12/01/48		7,733			8,382,305
4.00%, 01/01/49		19,717			21,300,203
4.00%, 02/01/49		53,772			57,970,113
4.00%, 03/01/49		7,866			8,566,084
4.00%, 04/01/49		4,858			5,338,492
4.00%, 05/01/49		11,293			12,157,703
4.00%, 09/01/49		7,364			8,104,644
4.00%, 03/01/50		3,285			3,512,600
4.00%, 06/01/50		4,386			4,766,459
4.50%, 12/01/20		0	(c)		6
4.50%, 01/01/21		0	(c)		39
4.50%, 06/01/21		0	(c)		112
4.50%, 04/01/22		15			14,859
4.50%, 03/01/23		2			2,267
4.50%, 04/01/23		2			2,458
4.50%, 05/01/23		26			26,381
4.50%, 05/01/23		0	(c)		259
4.50%, 06/01/23		3			2,954
4.50%, 01/01/24		7			6,842
4.50%, 02/01/24		1			1,505
4.50%, 04/01/24		26			27,355
4.50%, 07/01/24		298			311,886
4.50%, 08/01/24		104			108,410
4.50%, 09/01/24		210			219,624
4.50%, 10/01/24		283			296,636

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
4.50%, 11/01/24	$	42		$	43,603
4.50%, 04/01/25		13			14,395
4.50%, 05/01/25		3			2,928
4.50%, 07/01/25		9			9,191
4.50%, 08/01/25		31			32,451
4.50%, 09/01/25		18			18,759
4.50%, 09/01/26		29			30,677
4.50%, 08/01/30		1,226			1,342,009
4.50%, 08/01/33		3			3,173
4.50%, 03/01/34		1			895
4.50%, 04/01/34		3			3,181
4.50%, 05/01/34		0	(c)		418
4.50%, 06/01/34		1			1,382
4.50%, 06/01/35		3			2,903
4.50%, 08/01/35		75			83,987
4.50%, 10/01/35		5			5,781
4.50%, 11/01/35		27			29,962
4.50%, 01/01/36		7			7,806
4.50%, 08/01/36		12			13,621
4.50%, 05/01/38		95			105,990
4.50%, 06/01/38		69			76,881
4.50%, 07/01/38		3			3,493
4.50%, 10/01/38		1			988
4.50%, 02/01/39		68			76,531
4.50%, 03/01/39		4,165			4,669,557
4.50%, 04/01/39		67			75,682
4.50%, 05/01/39		4,021			4,504,575
4.50%, 06/01/39		132			146,985
4.50%, 07/01/39		303			338,976
4.50%, 08/01/39		108			121,145
4.50%, 09/01/39		457			513,674
4.50%, 10/01/39		4,356			4,879,502
4.50%, 11/01/39		120			133,390
4.50%, 12/01/39		271			304,700
4.50%, 01/01/40		110			122,881
4.50%, 02/01/40		528			597,327
4.50%, 03/01/40		16			17,800
4.50%, 04/01/40		167			186,911
4.50%, 05/01/40		116			129,137
4.50%, 06/01/40		42			46,810
4.50%, 07/01/40		99			109,952
4.50%, 08/01/40		332			372,928
4.50%, 09/01/40		3,649			4,086,577
4.50%, 10/01/40		29			32,211
4.50%, 11/01/40		3			2,931
4.50%, 01/01/41		10			10,769
4.50%, 02/01/41		5,188			5,804,804
4.50%, 03/01/41		331			370,446
4.50%, 04/01/41		253			283,794
4.50%, 05/01/41		5,388			6,104,084
4.50%, 06/01/41		7,583			8,482,582
4.50%, 07/01/41		126			141,300
4.50%, 08/01/41		1,293			1,446,803
4.50%, 10/01/41		306			342,328
4.50%, 11/01/41		20			21,835
4.50%, 01/01/42		9			10,533
4.50%, 03/01/42		51			57,405
4.50%, 05/01/42		3,681			4,123,481
4.50%, 09/01/43		1,795			2,016,651
4.50%, 10/01/43		1,606			1,807,296

5

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
4.50%, 11/01/43	$	330		$	366,965
4.50%, 12/01/43		330			368,865
4.50%, 01/01/44		244			272,397
4.50%, 02/01/44		1,021			1,138,557
4.50%, 03/01/44		2,505			2,839,975
4.50%, 04/01/44		10			11,261
4.50%, 05/01/44		253			281,928
4.50%, 06/01/44		466			519,673
4.50%, 07/01/44		286			319,708
4.50%, 08/01/44		54			60,003
4.50%, 09/01/44		77			86,154
4.50%, 10/01/44		896			999,281
4.50%, 11/01/44		1,408			1,570,325
4.50%, 12/01/44		2,824			3,143,192
4.50%, 01/01/45		3,411			3,805,032
4.50%, 03/01/45		688			767,451
4.50%, 06/01/45		520			582,705
4.50%, 07/01/45		2,764			3,092,513
4.50%, 08/01/45		1,213			1,359,337
4.50%, 09/01/45		1,103			1,235,608
4.50%, 10/01/45		721			807,418
4.50%, 11/01/45		118			133,020
4.50%, 01/01/46		723			802,600
4.50%, 03/01/46		648			739,276
4.50%, 04/01/46		703			778,179
4.50%, 05/01/46		2,736			3,052,577
4.50%, 06/01/46		9,658			10,805,145
4.50%, 07/01/46		2,870			3,284,944
4.50%, 08/01/46		321			355,400
4.50%, 09/01/46		5,565			6,234,966
4.50%, 01/01/47		242			273,312
4.50%, 02/01/47		1,494			1,663,017
4.50%, 04/01/47		339			376,379
4.50%, 05/01/47		3,722			4,070,367
4.50%, 06/01/47		8,542			9,395,565
4.50%, 07/01/47		544			594,904
4.50%, 08/01/47		2,562			2,864,177
4.50%, 09/01/47		1,329			1,486,051
4.50%, 11/01/47		608			665,111
4.50%, 05/01/48		2,306			2,542,118
4.50%, 06/01/48		4,349			4,796,103
4.50%, 07/01/48		2,078			2,275,094
4.50%, 08/01/48		2,714			2,999,417
4.50%, 09/01/48		3,617			3,927,156
4.50%, 10/01/48		12,981			14,411,065
4.50%, 11/01/48		3,693			4,164,076
4.50%, 12/01/48		3,272			3,643,864
4.50%, 01/01/49		3,374			3,664,261
4.50%, 02/01/49		1,859			2,064,217
4.50%, 03/01/49		9,543			10,623,086
4.50%, 08/01/49		24,965			27,853,250
4.50%, 03/01/50		2,718			2,966,520
4.50%, 04/01/50		10,482			11,392,216
4.50%, 10/01/50		4,335			4,765,319
5.00%, 01/01/21		0	(c)		32
5.00%, 02/01/21		0	(c)		11
5.00%, 03/01/21		0	(c)		162
5.00%, 04/01/21		0	(c)		135
5.00%, 07/01/21		0	(c)		61
5.00%, 10/01/21		0	(c)		18

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
5.00%, 01/01/22	$	2		$	2,122
5.00%, 02/01/22		1			724
5.00%, 04/01/22		0	(c)		279
5.00%, 08/01/22		0	(c)		227
5.00%, 09/01/22		1			1,168
5.00%, 11/01/22		1			914
5.00%, 11/01/22		0	(c)		329
5.00%, 12/01/22		1			558
5.00%, 05/01/23		2			1,740
5.00%, 06/01/23		27			28,842
5.00%, 07/01/23		4			3,869
5.00%, 08/01/23		1			1,340
5.00%, 09/01/23		0	(c)		278
5.00%, 10/01/23		1			821
5.00%, 12/01/23		17			17,459
5.00%, 01/01/24		2			2,117
5.00%, 07/01/24		2			2,114
5.00%, 10/01/24		14			14,749
5.00%, 12/01/24		6			6,049
5.00%, 06/01/25		3			3,461
5.00%, 08/01/25		610			674,991
5.00%, 06/01/26		67			70,077
5.00%, 02/01/30		5			6,207
5.00%, 04/01/33		3			3,290
5.00%, 06/01/33		349			398,414
5.00%, 08/01/33		69			79,507
5.00%, 09/01/33		234			268,606
5.00%, 10/01/33		161			184,936
5.00%, 11/01/33		91			104,311
5.00%, 12/01/33		948			1,084,046
5.00%, 01/01/34		10			11,297
5.00%, 03/01/34		19			22,127
5.00%, 04/01/34		19			21,437
5.00%, 05/01/34		77			88,041
5.00%, 06/01/34		33			37,170
5.00%, 11/01/34		9			10,373
5.00%, 12/01/34		14			15,738
5.00%, 01/01/35		5			5,346
5.00%, 02/01/35		9			9,727
5.00%, 04/01/35		5			5,990
5.00%, 05/01/35		24			27,844
5.00%, 06/01/35		18			20,544
5.00%, 07/01/35		4,075			4,674,134
5.00%, 08/01/35		841			963,291
5.00%, 09/01/35		142			161,876
5.00%, 09/01/35		0	(c)		523
5.00%, 10/01/35		15			16,550
5.00%, 11/01/35		62			68,533
5.00%, 11/01/35		0	(c)		454
5.00%, 12/01/35		93			106,265
5.00%, 01/01/36		567			650,135
5.00%, 03/01/36		2			2,469
5.00%, 04/01/36		14			16,493
5.00%, 06/01/36		73			82,827
5.00%, 07/01/36		1			800
5.00%, 08/01/36		30			34,248
5.00%, 10/01/36		86			98,912
5.00%, 11/01/36		1,567			1,796,679
5.00%, 01/01/37		789			904,750
5.00%, 02/01/37		655			750,797

6

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
5.00%, 06/01/37	$	32		$	35,566
5.00%, 01/01/38		6			7,334
5.00%, 02/01/38		1,021			1,170,395
5.00%, 03/01/38		4,229			4,842,677
5.00%, 04/01/38		86			98,341
5.00%, 05/01/38		3			3,230
5.00%, 06/01/38		12			13,667
5.00%, 09/01/38		18			20,291
5.00%, 11/01/38		17			18,869
5.00%, 12/01/38		604			690,995
5.00%, 01/01/39		222			253,990
5.00%, 02/01/39		49			56,187
5.00%, 03/01/39		21			23,484
5.00%, 05/01/39		155			177,521
5.00%, 06/01/39		3			3,976
5.00%, 07/01/39		25			28,266
5.00%, 08/01/39		5,308			6,071,368
5.00%, 09/01/39		56			63,872
5.00%, 10/01/39		861			982,978
5.00%, 12/01/39		45			50,901
5.00%, 01/01/40		432			492,408
5.00%, 02/01/40		107			122,393
5.00%, 03/01/40		1,913			2,218,219
5.00%, 04/01/40		338			384,686
5.00%, 06/01/40		3			3,415
5.00%, 07/01/40		325			369,021
5.00%, 08/01/40		3,232			3,681,019
5.00%, 09/01/40		1,811			2,063,017
5.00%, 11/01/40		211			240,821
5.00%, 02/01/41		417			475,308
5.00%, 03/01/41		4			4,243
5.00%, 04/01/41		104			118,160
5.00%, 05/01/41		5			6,036
5.00%, 07/01/41		482			551,298
5.00%, 08/01/41		3,008			3,428,957
5.00%, 09/01/41		256			292,312
5.00%, 10/01/41		156			177,401
5.00%, 11/01/41		28			31,633
5.00%, 04/01/44		137			154,769
5.00%, 03/01/47		4,112			4,755,702
5.00%, 05/01/47		53			58,444
5.00%, 07/01/47		4,089			4,526,201
5.00%, 03/01/48		2,643			2,949,500
5.00%, 04/01/48		4,681			5,202,274
5.00%, 05/01/48		2,615			2,905,980
5.00%, 06/01/48		732			856,937
5.00%, 07/01/48		2,182			2,425,212
5.00%, 08/01/48		19,353			21,507,108
5.00%, 09/01/48		1,938			2,211,107
5.00%, 10/01/48		5,095			5,737,461
5.00%, 11/01/48		2,026			2,309,004
5.00%, 01/01/49		4,291			4,936,147
5.00%, 02/01/49		1,273			1,420,989
5.00%, 04/01/49		1,466			1,633,552
5.00%, 11/01/49		3,009			3,346,243
5.00%, 05/01/50		2,038			2,263,156
5.50%, 12/01/20		0	(c)		7
5.50%, 03/01/21		0	(c)		11
5.50%, 05/01/21		0	(c)		116
5.50%, 06/01/21		0	(c)		90

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
5.50%, 08/01/21	$	0	(c)	$	35
5.50%, 01/01/22		1			557
5.50%, 02/01/22		0	(c)		11
5.50%, 05/01/22		0	(c)		118
5.50%, 09/01/22		1			716
5.50%, 10/01/22		0	(c)		443
5.50%, 01/01/23		0	(c)		521
5.50%, 04/01/23		4			3,865
5.50%, 04/01/23		0	(c)		195
5.50%, 07/01/24		1			630
5.50%, 02/01/29		0	(c)		494
5.50%, 04/01/29		4			4,811
5.50%, 07/01/31		0	(c)		226
5.50%, 11/01/31		0	(c)		285
5.50%, 12/01/31		2			1,789
5.50%, 01/01/32		0	(c)		123
5.50%, 02/01/32		1			1,439
5.50%, 04/01/32		20			22,127
5.50%, 09/01/32		58			65,007
5.50%, 09/01/32		0	(c)		330
5.50%, 10/01/32		19			21,869
5.50%, 11/01/32		1			1,385
5.50%, 12/01/32		54			63,926
5.50%, 01/01/33		11			12,228
5.50%, 03/01/33		6			6,410
5.50%, 04/01/33		0	(c)		405
5.50%, 04/01/33		23			27,746
5.50%, 05/01/33		10			11,635
5.50%, 06/01/33		29			33,275
5.50%, 07/01/33		30			34,312
5.50%, 08/01/33		2			2,592
5.50%, 09/01/33		3			3,037
5.50%, 10/01/33		210			244,949
5.50%, 11/01/33		16			17,897
5.50%, 12/01/33		1			1,099
5.50%, 01/01/34		88			101,420
5.50%, 02/01/34		1,120			1,302,153
5.50%, 03/01/34		362			424,503
5.50%, 07/01/34		14			16,189
5.50%, 08/01/34		14			16,277
5.50%, 09/01/34		2			2,806
5.50%, 10/01/34		178			206,755
5.50%, 11/01/34		3			3,058
5.50%, 12/01/34		295			349,010
5.50%, 01/01/35		2,260			2,647,180
5.50%, 02/01/35		638			748,949
5.50%, 03/01/35		20			24,243
5.50%, 04/01/35		232			262,922
5.50%, 05/01/35		1,030			1,206,434
5.50%, 05/01/35		0	(c)		315
5.50%, 06/01/35		2,701			3,161,813
5.50%, 07/01/35		16			18,584
5.50%, 08/01/35		102			113,548
5.50%, 09/01/35		7			7,559
5.50%, 10/01/35		140			163,417
5.50%, 11/01/35		26			31,344
5.50%, 12/01/35		596			697,656
5.50%, 01/01/36		28			31,978
5.50%, 02/01/36		20			22,574
5.50%, 03/01/36		51			58,119

7

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
5.50%, 04/01/36	$	6		$	7,616
5.50%, 05/01/36		845			988,127
5.50%, 06/01/36		21			24,922
5.50%, 07/01/36		1,227			1,441,620
5.50%, 08/01/36		162			189,921
5.50%, 08/01/36		0	(c)		491
5.50%, 09/01/36		1			794
5.50%, 11/01/36		22			25,280
5.50%, 12/01/36		0	(c)		357
5.50%, 12/01/36		11			12,922
5.50%, 01/01/37		113			130,171
5.50%, 02/01/37		31			35,899
5.50%, 02/01/37		0	(c)		493
5.50%, 03/01/37		7			8,497
5.50%, 04/01/37		31			35,725
5.50%, 05/01/37		78			91,610
5.50%, 05/01/37		0	(c)		522
5.50%, 07/01/37		13			15,952
5.50%, 09/01/37		14			16,002
5.50%, 11/01/37		29			33,245
5.50%, 12/01/37		15			17,746
5.50%, 01/01/38		50			59,600
5.50%, 02/01/38		10			12,018
5.50%, 04/01/38		1,172			1,378,418
5.50%, 04/01/38		0	(c)		406
5.50%, 05/01/38		522			612,030
5.50%, 05/01/38		0	(c)		256
5.50%, 06/01/38		94			110,320
5.50%, 06/01/38		0	(c)		321
5.50%, 07/01/38		190			225,829
5.50%, 07/01/38		0	(c)		513
5.50%, 08/01/38		46			53,648
5.50%, 09/01/38		165			195,081
5.50%, 10/01/38		67			79,247
5.50%, 11/01/38		24			28,343
5.50%, 11/01/38		0	(c)		461
5.50%, 12/01/38		183			215,701
5.50%, 01/01/39		2,415			2,830,406
5.50%, 02/01/39		68			79,098
5.50%, 03/01/39		2			2,040
5.50%, 04/01/39		26			31,135
5.50%, 05/01/39		31			36,387
5.50%, 06/01/39		64			75,478
5.50%, 09/01/39		1,646			1,961,229
5.50%, 10/01/39		8			9,306
5.50%, 11/01/39		2,129			2,503,312
5.50%, 12/01/39		265			287,994
5.50%, 01/01/40		141			166,662
5.50%, 02/01/40		48			56,786
5.50%, 03/01/40		10			12,227
5.50%, 05/01/40		18			21,090
5.50%, 06/01/40		42			49,539
5.50%, 03/01/41		10			11,698
5.50%, 06/01/41		6,339			7,432,358
6.00%, 07/01/21		0	(c)		83
6.00%, 01/01/22		0	(c)		49
6.00%, 09/01/22		0	(c)		278
6.00%, 11/01/22		1			527
6.00%, 12/01/22		31			31,999
6.00%, 10/01/25		0	(c)		287

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
6.00%, 11/01/25	$	0	(c)	$	187
6.00%, 02/01/26		1			845
6.00%, 08/01/26		2			1,830
6.00%, 02/01/28		0	(c)		129
6.00%, 04/01/28		2			2,170
6.00%, 06/01/28		0	(c)		662
6.00%, 06/01/28		3			3,075
6.00%, 07/01/28		3			3,729
6.00%, 11/01/28		1			1,224
6.00%, 12/01/28		0	(c)		549
6.00%, 01/01/29		6			7,192
6.00%, 02/01/29		0	(c)		588
6.00%, 03/01/29		6			6,704
6.00%, 03/01/29		0	(c)		709
6.00%, 05/01/29		8			8,502
6.00%, 06/01/29		1			538
6.00%, 07/01/29		2			1,947
6.00%, 09/01/29		1			745
6.00%, 12/01/30		7			7,727
6.00%, 03/01/31		1			1,348
6.00%, 04/01/31		0	(c)		531
6.00%, 06/01/31		1			1,431
6.00%, 06/01/31		0	(c)		1,155
6.00%, 08/01/31		0	(c)		294
6.00%, 10/01/31		0	(c)		415
6.00%, 11/01/31		1			982
6.00%, 12/01/31		2			2,304
6.00%, 01/01/32		33			38,983
6.00%, 01/01/32		0	(c)		225
6.00%, 02/01/32		4			4,572
6.00%, 02/01/32		0	(c)		963
6.00%, 03/01/32		25			28,842
6.00%, 03/01/32		0	(c)		335
6.00%, 04/01/32		1			910
6.00%, 09/01/32		3			3,518
6.00%, 10/01/32		6			7,736
6.00%, 11/01/32		5			6,099
6.00%, 11/01/32		0	(c)		324
6.00%, 12/01/32		95			108,656
6.00%, 12/01/32		0	(c)		321
6.00%, 01/01/33		5			5,996
6.00%, 02/01/33		6			6,576
6.00%, 03/01/33		9			11,153
6.00%, 03/01/33		0	(c)		513
6.00%, 04/01/33		4			5,054
6.00%, 05/01/33		0	(c)		238
6.00%, 09/01/33		5			6,049
6.00%, 10/01/33		21			24,435
6.00%, 11/01/33		36			41,934
6.00%, 05/01/34		13			15,555
6.00%, 06/01/34		19			22,650
6.00%, 07/01/34		12			13,470
6.00%, 08/01/34		7			6,263
6.00%, 10/01/34		10			12,193
6.00%, 12/01/34		4			5,242
6.00%, 05/01/35		11			12,341
6.00%, 06/01/35		7			8,181
6.00%, 07/01/35		0	(c)		244
6.00%, 07/01/35		4			4,171
6.00%, 08/01/35		37			43,470

8

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
6.00%, 09/01/35	$	3		$	3,823
6.00%, 12/01/35		14			16,311
6.00%, 01/01/36		6			7,272
6.00%, 02/01/36		11			12,639
6.00%, 03/01/36		3			3,896
6.00%, 05/01/36		21			25,083
6.00%, 06/01/36		25			29,264
6.00%, 07/01/36		14			16,547
6.00%, 08/01/36		4			4,643
6.00%, 09/01/36		500			593,557
6.00%, 10/01/36		625			734,937
6.00%, 11/01/36		38			44,547
6.00%, 12/01/36		130			152,753
6.00%, 01/01/37		6			6,364
6.00%, 02/01/37		536			636,547
6.00%, 03/01/37		7			7,640
6.00%, 05/01/37		11			12,668
6.00%, 07/01/37		13			15,888
6.00%, 08/01/37		18			21,548
6.00%, 09/01/37		12			12,941
6.00%, 10/01/37		34			40,247
6.00%, 10/01/37		0	(c)		309
6.00%, 11/01/37		19			23,263
6.00%, 12/01/37		81			93,780
6.00%, 01/01/38		99			117,654
6.00%, 02/01/38		3			4,048
6.00%, 04/01/38		56			66,193
6.00%, 05/01/38		51			61,018
6.00%, 06/01/38		21			25,517
6.00%, 07/01/38		34			41,181
6.00%, 08/01/38		0	(c)		419
6.00%, 08/01/38		24			28,443
6.00%, 09/01/38		1,800			2,138,093
6.00%, 10/01/38		1			1,305
6.00%, 10/01/38		0	(c)		490
6.00%, 11/01/38		8			9,773
6.00%, 12/01/38		3			3,459
6.00%, 01/01/39		23			27,178
6.00%, 02/01/39		4			4,863
6.00%, 11/01/39		6			7,449
6.00%, 12/01/39		1			1,675
6.00%, 04/01/40		12			14,798
6.00%, 07/01/40		6,078			7,214,525
6.50%, 03/01/24		1			640
6.50%, 04/01/24		0	(c)		188
6.50%, 06/01/24		0	(c)		130
6.50%, 07/01/24		1			1,173
6.50%, 09/01/24		7			7,753
6.50%, 12/01/25		0	(c)		317
6.50%, 01/01/26		0	(c)		347
6.50%, 02/01/26		0	(c)		526
6.50%, 03/01/26		0	(c)		486
6.50%, 04/01/26		2			2,047
6.50%, 03/01/27		0	(c)		433
6.50%, 10/01/27		0	(c)		1
6.50%, 04/01/28		0	(c)		348
6.50%, 05/01/28		1			1,287
6.50%, 06/01/28		1			567
6.50%, 06/01/28		0	(c)		200
6.50%, 07/01/28		1			1,402

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
6.50%, 09/01/28	$	2		$	1,500
6.50%, 09/01/28		0	(c)		159
6.50%, 10/01/28		0	(c)		601
6.50%, 10/01/28		1			564
6.50%, 12/01/28		4			4,304
6.50%, 01/01/29		4			4,913
6.50%, 02/01/29		4			4,364
6.50%, 03/01/29		5			5,528
6.50%, 04/01/29		6			5,782
6.50%, 04/01/29		0	(c)		416
6.50%, 05/01/29		0	(c)		430
6.50%, 05/01/29		3			3,901
6.50%, 06/01/29		0	(c)		987
6.50%, 07/01/29		0	(c)		1,012
6.50%, 08/01/29		5			4,785
6.50%, 09/01/29		9			9,404
6.50%, 08/01/30		1			1,643
6.50%, 01/01/31		0	(c)		348
6.50%, 03/01/31		1			1,137
6.50%, 05/01/31		1			1,475
6.50%, 05/01/31		0	(c)		86
6.50%, 06/01/31		0	(c)		334
6.50%, 06/01/31		11			11,883
6.50%, 07/01/31		2			2,889
6.50%, 07/01/31		0	(c)		117
6.50%, 08/01/31		6			5,589
6.50%, 09/01/31		2			1,988
6.50%, 10/01/31		1			602
6.50%, 11/01/31		1			855
6.50%, 12/01/31		7			7,778
6.50%, 01/01/32		0	(c)		57
6.50%, 02/01/32		5			5,590
6.50%, 03/01/32		0	(c)		984
6.50%, 03/01/32		6			6,192
6.50%, 04/01/32		6			6,745
6.50%, 04/01/32		0	(c)		221
6.50%, 05/01/32		0	(c)		326
6.50%, 07/01/32		1			1,397
6.50%, 08/01/32		11			11,460
6.50%, 08/01/32		0	(c)		808
6.50%, 09/01/32		1			1,533
6.50%, 10/01/32		3			3,480
6.50%, 11/01/32		1			1,109
6.50%, 12/01/32		4			3,941
6.50%, 12/01/33		7			8,274
6.50%, 04/01/34		29			34,656
6.50%, 07/01/34		2			2,272
6.50%, 09/01/34		6			7,366
6.50%, 01/01/35		3			3,675
6.50%, 04/01/35		1			1,062
6.50%, 08/01/35		6			7,013
6.50%, 02/01/36		1			557
6.50%, 06/01/36		1			1,577
6.50%, 08/01/36		2			2,423
6.50%, 09/01/36		49			58,882
6.50%, 10/01/36		18			22,168
6.50%, 11/01/36		1			1,627
6.50%, 08/01/37		5			5,738
6.50%, 10/01/37		15			19,364
6.50%, 11/01/37		6			6,690

9

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
6.50%, 12/01/37	$	0	(c)	$	310
6.50%, 12/01/37		19			22,892
6.50%, 01/01/38		1			1,036
6.50%, 02/01/38		28			33,783
6.50%, 07/01/38		4			4,400
6.50%, 08/01/38		1			1,285
6.50%, 09/01/38		5			5,961
6.50%, 10/01/38		1			1,489
6.50%, 11/01/38		4			4,299
6.50%, 12/01/38		4			4,654
6.50%, 01/01/39		12			13,897
6.50%, 09/01/39		32			37,869
7.00%, 04/01/23		0	(c)		267
7.00%, 07/01/23		0	(c)		365
7.00%, 09/01/23		0	(c)		117
7.00%, 02/01/24		0	(c)		35
7.00%, 05/01/24		0	(c)		229
7.00%, 07/01/24		0	(c)		106
7.00%, 12/01/25		0	(c)		23
7.00%, 03/01/26		0	(c)		618
7.00%, 03/01/26		1			1,297
7.00%, 06/01/26		0	(c)		335
7.00%, 12/01/26		0	(c)		312
7.00%, 01/01/27		0	(c)		240
7.00%, 02/01/27		1			809
7.00%, 03/01/27		0	(c)		247
7.00%, 04/01/27		0	(c)		64
7.00%, 05/01/27		0	(c)		84
7.00%, 09/01/27		1			1,459
7.00%, 10/01/27		0	(c)		547
7.00%, 11/01/27		1			582
7.00%, 12/01/27		1			1,241
7.00%, 12/01/27		0	(c)		157
7.00%, 05/01/28		1			994
7.00%, 07/01/28		0	(c)		51
7.00%, 10/01/28		1			530
7.00%, 11/01/28		2			1,783
7.00%, 12/01/28		2			2,333
7.00%, 03/01/29		1			740
7.00%, 06/01/29		4			4,187
7.00%, 06/01/29		0	(c)		120
7.00%, 07/01/29		4			3,969
7.00%, 07/01/29		0	(c)		334
7.00%, 09/01/29		0	(c)		323
7.00%, 10/01/29		2			1,855
7.00%, 01/01/30		0	(c)		20
7.00%, 02/01/30		0	(c)		331
7.00%, 05/01/30		0	(c)		263
7.00%, 12/01/30		0	(c)		593
7.00%, 01/01/31		0	(c)		22
7.00%, 01/01/31		1			1,302
7.00%, 02/01/31		1			1,251
7.00%, 05/01/31		0	(c)		590
7.00%, 07/01/31		1			1,632
7.00%, 08/01/31		2			2,260
7.00%, 09/01/31		4			5,269
7.00%, 12/01/31		2			2,291
7.00%, 02/01/32		3			3,496
7.00%, 03/01/32		5			5,873
7.00%, 05/01/32		2			1,990

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
7.00%, 05/01/32	$	0	(c)	$	470
7.00%, 06/01/32		2			2,340
7.00%, 06/01/32		0	(c)		523
7.00%, 07/01/32		5			6,531
7.00%, 08/01/32		3			3,989
7.00%, 09/01/32		1			1,381
7.00%, 11/01/32		1			1,317
7.00%, 10/01/33		13			15,267
7.00%, 11/01/36		2			3,182
7.00%, 12/01/36		7			9,034
7.00%, 09/01/38		3			4,084
7.50%, 02/01/22		0	(c)		142
7.50%, 05/01/22		0	(c)		3
7.50%, 12/01/22		0	(c)		36
7.50%, 01/01/23		0	(c)		125
7.50%, 04/01/23		2			1,775
7.50%, 01/01/24		0	(c)		45
7.50%, 05/01/24		0	(c)		59
7.50%, 06/01/24		0	(c)		22
7.50%, 11/01/25		0	(c)		242
7.50%, 01/01/26		0	(c)		372
7.50%, 01/01/26		1			598
7.50%, 03/01/26		0	(c)		432
7.50%, 04/01/26		0	(c)		195
7.50%, 05/01/26		0	(c)		233
7.50%, 10/01/26		0	(c)		317
7.50%, 12/01/26		0	(c)		45
7.50%, 01/01/27		0	(c)		387
7.50%, 04/01/27		0	(c)		273
7.50%, 06/01/27		0	(c)		120
7.50%, 08/01/27		0	(c)		366
7.50%, 09/01/27		0	(c)		106
7.50%, 12/01/27		1			890
7.50%, 03/01/28		1			1,159
7.50%, 07/01/28		0	(c)		295
7.50%, 11/01/28		0	(c)		314
7.50%, 07/01/29		11			13,489
7.50%, 12/01/29		0	(c)		107
7.50%, 01/01/30		0	(c)		663
7.50%, 03/01/30		0	(c)		112
7.50%, 05/01/30		0	(c)		128
7.50%, 06/01/30		0	(c)		46
7.50%, 07/01/30		0	(c)		29
7.50%, 08/01/30		0	(c)		184
7.50%, 08/01/30		1			937
7.50%, 09/01/30		1			1,550
7.50%, 10/01/30		0	(c)		130
7.50%, 10/01/30		1			884
7.50%, 11/01/30		1			1,289
7.50%, 12/01/30		1			1,473
7.50%, 01/01/31		0	(c)		64
7.50%, 02/01/31		0	(c)		116
7.50%, 09/01/31		2			2,886
7.50%, 01/01/32		2			2,008
8.00%, 02/01/22		0	(c)		26
8.00%, 07/01/22		1			791
8.00%, 08/01/22		0	(c)		62
8.00%, 11/01/22		0	(c)		4
8.00%, 12/01/22		1			637
8.00%, 12/01/23		0	(c)		28

10

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
8.00%, 04/01/24	$	0	(c)	$	88
8.00%, 05/01/24		0	(c)		42
8.00%, 05/01/25		0	(c)		226
8.00%, 10/01/25		0	(c)		73
8.00%, 11/01/25		0	(c)		502
8.00%, 09/01/26		1			1,402
8.00%, 10/01/26		0	(c)		344
8.00%, 11/01/26		0	(c)		523
8.00%, 03/01/27		0	(c)		388
8.00%, 05/01/27		0	(c)		528
8.00%, 06/01/27		0	(c)		232
8.00%, 09/01/27		0	(c)		209
8.00%, 11/01/27		0	(c)		86
8.00%, 10/01/29		0	(c)		124
8.00%, 11/01/29		1			818
8.00%, 12/01/29		0	(c)		307
8.00%, 01/01/30		0	(c)		103
8.00%, 03/01/30		1			1,046
8.00%, 07/01/30		0	(c)		76
8.00%, 06/01/31		3			3,739
8.50%, 02/01/22		0	(c)		44
8.50%, 03/01/23		0	(c)		319
8.50%, 06/01/24		0	(c)		26
8.50%, 11/01/24		0	(c)		76
8.50%, 01/01/25		0	(c)		110
8.50%, 03/01/25		0	(c)		181
8.50%, 06/01/25		0	(c)		71
8.50%, 09/01/25		0	(c)		234
8.50%, 07/01/30		0	(c)		440
9.00%, 01/01/22		0	(c)		5
9.00%, 03/01/24		0	(c)		1
9.00%, 02/01/25		0	(c)		186
9.00%, 04/01/25		0	(c)		154
9.00%, 10/01/25		0	(c)		129
9.50%, 08/01/21		0	(c)		1
9.50%, 09/01/21		0	(c)		1
9.50%, 12/01/22		0	(c)		1
9.50%, 06/01/25		0	(c)		109
10.00%, 04/01/25		0	(c)		58
Federal National Mortgage Association
2.00%, 06/01/35		2,339			2,446,826
2.00%, 08/01/35		3,874			4,058,300
2.00%, 09/01/35		2,637			2,775,598
2.00%, 10/01/35		16,365			17,136,161
2.00%, 11/01/35		31,506			32,965,844
2.00%, 10/01/50		51,840			54,389,026
2.00%, 11/01/50		25,047			26,207,680
2.32%, 09/01/41, (12 mo. LIBOR US + 1.815%)(b)		71			73,930
2.32%, 10/01/41, (12 mo. LIBOR US + 1.815%)(b)		936			974,994
2.42%, 06/01/43, (12 mo. LIBOR US + 1.535%)(b)		1,542			1,594,298
2.50%, 10/01/30		2,328			2,447,487
2.50%, 12/01/31		690			719,736
2.50%, 03/01/32		2,210			2,306,153
2.50%, 02/01/35		9,019			9,519,099
2.50%, 05/01/35		6,974			7,297,920
2.50%, 06/01/35		9,055			9,489,325
2.50%, 07/01/35		18,356			19,520,278
2.50%, 08/01/35		13,804			14,652,432
2.50%, 09/01/35		27,310			28,582,516
2.50%, 10/01/35		1,048			1,117,832

Security	Par (000)		Value
Mortgage-Backed Securities (continued)
2.50%, 06/01/46	$	657	$	688,968
2.50%, 05/01/50		2,923		3,139,736
2.50%, 06/01/50		14,000		14,755,727
2.50%, 07/01/50		15,083		16,126,740
2.50%, 08/01/50		11,497		12,294,457
2.50%, 09/01/50		36,299		38,658,412
2.50%, 10/01/50		126,604		133,637,122
2.50%, 11/01/50		68,702		72,570,322
2.50%, 12/01/50		182,856		191,689,764
2.56%, 08/01/41, (12 mo. LIBOR US + 1.750%)(b)		81		84,010
2.70%, 08/01/42, (12 mo. LIBOR US + 1.695%)(b)		1,101		1,146,633
3.00%, 05/01/27		352		369,221
3.00%, 12/01/28		1,091		1,152,167
3.00%, 05/01/29		2,654		2,788,015
3.00%, 07/01/30		1,845		1,938,087
3.00%, 06/01/31		1,519		1,609,025
3.00%, 08/01/31		65		67,898
3.00%, 09/01/31		1,574		1,687,005
3.00%, 11/01/31		1,764		1,878,093
3.00%, 08/01/32		102		109,180
3.00%, 10/01/32		453		475,218
3.00%, 10/01/34		1,608		1,681,314
3.00%, 11/01/34		541		584,160
3.00%, 03/01/35		992		1,060,793
3.00%, 05/01/35		1,339		1,456,627
3.00%, 07/01/35		15,982		16,772,717
3.00%, 11/01/42		5,658		6,034,290
3.00%, 06/01/43		726		793,621
3.00%, 07/01/43		3,331		3,547,489
3.00%, 07/01/46		900		946,814
3.00%, 08/01/46		98		103,643
3.00%, 09/01/46		13,946		14,773,044
3.00%, 10/01/46		2,970		3,126,174
3.00%, 11/01/46		16,431		17,385,674
3.00%, 12/01/46		886		962,564
3.00%, 01/01/47		1,452		1,528,273
3.00%, 02/01/47		23,534		25,017,463
3.00%, 03/01/47		12,221		12,693,255
3.00%, 07/01/47		4,537		4,774,525
3.00%, 07/01/48		5,143		5,413,103
3.00%, 09/01/49		10,773		11,571,755
3.00%, 10/01/49		5,766		6,081,412
3.00%, 12/01/49		20,031		20,966,027
3.00%, 02/01/50		9,626		10,342,629
3.00%, 03/01/50		62,304		66,692,586
3.00%, 04/01/50		22,773		24,006,778
3.00%, 06/01/50		2,410		2,584,046
3.00%, 07/01/50		9,982		10,626,852
3.00%, 08/01/50		67,274		72,723,562
3.00%, 09/01/50		23,665		24,893,225
3.00%, 11/01/50		37,825		41,345,696
3.28%, 04/01/43, (12 mo. LIBOR US + 1.530%)(b)		8		8,175
3.50%, 06/01/30		892		963,633
3.50%, 05/01/32		398		409,961
3.50%, 06/01/32		2,920		3,192,630
3.50%, 04/01/34		5,045		5,543,555
3.50%, 05/01/34		1,512		1,620,191
3.50%, 11/01/34		25,391		27,439,790
3.50%, 02/01/35		2,127		2,316,848
3.50%, 03/01/35		4,946		5,363,969

11

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)		Value
Mortgage-Backed Securities (continued)
3.50%, 05/01/35	$	2,595	$	2,767,445
3.50%, 06/01/35		1,032		1,100,758
3.50%, 11/01/40		126		136,441
3.50%, 05/01/44		3,360		3,741,133
3.50%, 08/01/45		9,156		10,003,430
3.50%, 09/01/45		5,167		5,600,949
3.50%, 11/01/45		14,864		16,112,248
3.50%, 01/01/46		3,616		3,870,220
3.50%, 05/01/46		1,039		1,130,055
3.50%, 06/01/46		378		404,484
3.50%, 09/01/46		2,245		2,420,230
3.50%, 01/01/47		3,026		3,369,490
3.50%, 05/01/47		2,004		2,170,559
3.50%, 03/01/48		1,512		1,614,277
3.50%, 07/01/48		4,954		5,302,226
3.50%, 11/01/48		631		698,309
3.50%, 08/01/49		971		1,027,182
3.50%, 11/01/49		1,344		1,485,160
3.50%, 12/01/49		2,631		2,907,248
3.50%, 01/01/50		3,340		3,690,446
3.50%, 02/01/50		1,329		1,484,564
3.50%, 03/01/50		1,622		1,812,806
3.50%, 04/01/50		40,183		43,339,437
3.50%, 05/01/50		1,396		1,550,605
3.50%, 06/01/50		5,411		5,823,875
3.50%, 07/01/50		1,704		1,904,059
3.50%, 08/01/50		2,118		2,360,823
3.50%, 09/01/50		1,375		1,546,932
3.50%, 11/01/51		10,278		11,205,761
3.52%, 12/01/38, (12 mo. LIBOR US + 1.817%)(b)		260		266,876
3.81%, 02/01/42, (12 mo. LIBOR US + 1.805%)(b)		403		418,236
4.00%, 09/01/33		5,922		6,286,544
4.00%, 11/01/33		205		217,555
4.00%, 06/01/34		854		935,543
4.00%, 08/01/34		507		538,097
4.00%, 10/01/34		1,024		1,087,617
4.00%, 11/01/43		641		706,361
4.00%, 01/01/44		1,575		1,734,973
4.00%, 01/01/47		702		762,803
4.00%, 02/01/47		14,875		16,396,653
4.00%, 04/01/47		912		978,427
4.00%, 10/01/47		12,757		13,686,406
4.00%, 07/01/48		1,106		1,192,623
4.00%, 10/01/48		13,597		14,737,682
4.00%, 12/01/48		5,728		6,173,936
4.00%, 02/01/49		1,343		1,459,276
4.00%, 03/01/49		17,436		18,932,052
4.00%, 04/01/49		10,349		11,237,287
4.00%, 05/01/49		6,028		6,459,997
4.00%, 09/01/49		3,507		3,758,439
4.00%, 12/01/49		35,634		38,408,483
4.00%, 03/01/50		34,782		37,563,608
4.00%, 04/01/50		5,726		6,158,861
4.00%, 01/01/57		7,813		8,742,104
4.00%, 02/01/57		8,656		9,684,426
4.50%, 10/01/26		3,663		3,846,669
4.50%, 01/01/40		2,656		2,974,673
4.50%, 02/01/40		373		426,105
4.50%, 03/01/40		212		243,568
4.50%, 04/01/40		100		112,153

Security	Par (000)		Value
Mortgage-Backed Securities (continued)
4.50%, 02/01/41	$	496	$	555,579
4.50%, 03/01/41		786		878,777
4.50%, 07/01/41		186		207,461
4.50%, 08/01/41		317		354,839
4.50%, 09/01/41		145		162,470
4.50%, 07/01/42		5,707		6,382,234
4.50%, 02/01/44		1,965		2,190,558
4.50%, 04/01/48		1,503		1,632,693
4.50%, 06/01/48		3,218		3,495,060
4.50%, 08/01/48		11,621		12,706,706
4.50%, 10/01/48		5,560		6,122,917
4.50%, 12/01/48		62,640		68,334,917
4.50%, 02/01/50		12,545		13,623,697
4.50%, 03/01/50		6,428		7,190,862
4.50%, 04/01/50		28,288		30,937,218
4.50%, 12/01/50(a)		14		15,172
5.00%, 05/01/34		822		940,106
5.00%, 07/01/48		3,081		3,423,807
5.00%, 11/01/49		4,674		5,198,362
5.50%, 12/01/50(a)		9,704		10,862,415
6.00%, 12/14/50(a)		2,496		2,796,242
Government National Mortgage Association
1.50%, 12/01/50(a)		80,150		81,803,094
2.00%, 10/20/50		3,989		4,175,916
2.00%, 11/20/50		15,000		15,704,042
2.00%, 12/01/50(a)		527,500		551,858,520
2.50%, 03/20/27		74		77,187
2.50%, 08/20/27		94		98,532
2.50%, 09/20/27		116		121,530
2.50%, 01/20/28		396		413,607
2.50%, 04/20/28		221		230,995
2.50%, 11/20/30		182		190,138
2.50%, 04/20/32		579		604,464
2.50%, 12/20/42		739		785,402
2.50%, 03/15/43		66		70,731
2.50%, 03/20/43		278		297,563
2.50%, 04/15/43		35		37,567
2.50%, 01/20/45		30		32,406
2.50%, 04/15/45		72		75,628
2.50%, 06/15/45		84		91,175
2.50%, 09/15/46		25		25,886
2.50%, 10/15/46		405		440,381
2.50%, 11/20/46		439		467,030
2.50%, 12/20/46		19,719		20,961,558
2.50%, 01/20/47		9,655		10,263,095
2.50%, 11/20/47		156		166,149
2.50%, 08/20/50		64,268		67,793,952
2.50%, 09/20/50		65,749		69,355,029
2.50%, 10/20/50		57,360		60,505,861
2.50%, 12/01/50(a)		425,947		448,860,593
3.00%, 01/20/27		273		286,841
3.00%, 04/15/27		120		125,436
3.00%, 04/20/27		151		158,093
3.00%, 05/20/27		6,119		6,422,607
3.00%, 07/15/27		3,063		3,207,420
3.00%, 09/15/27		40		41,973
3.00%, 09/20/27		226		237,445
3.00%, 10/15/27		702		735,260
3.00%, 11/20/27		35		36,440
3.00%, 01/20/28		32		33,566

12

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)		Value
Mortgage-Backed Securities (continued)
3.00%, 09/20/28	$	91	$	95,599
3.00%, 10/20/28		126		132,452
3.00%, 11/20/28		325		340,438
3.00%, 01/20/29		92		96,801
3.00%, 05/20/29		261		273,048
3.00%, 10/20/30		33		34,294
3.00%, 12/20/31		361		379,908
3.00%, 01/20/42		24		25,102
3.00%, 04/15/42		468		487,841
3.00%, 07/20/42		302		322,187
3.00%, 08/15/42		517		538,990
3.00%, 08/20/42		293		312,565
3.00%, 09/15/42		10,015		10,459,097
3.00%, 09/20/42		824		878,791
3.00%, 10/15/42		954		1,040,104
3.00%, 10/20/42		366		389,948
3.00%, 11/15/42		8,744		9,225,785
3.00%, 11/20/42		607		647,748
3.00%, 12/15/42		331		360,636
3.00%, 12/20/42		2,195		2,341,470
3.00%, 01/20/43		15,570		16,607,907
3.00%, 02/15/43		647		682,795
3.00%, 02/20/43		423		469,552
3.00%, 03/15/43		26		27,929
3.00%, 04/15/43		553		586,145
3.00%, 05/15/43		236		248,366
3.00%, 06/15/43		117		120,954
3.00%, 07/15/43		140		146,157
3.00%, 08/15/43		1,471		1,533,677
3.00%, 09/15/43		1,938		2,020,185
3.00%, 09/20/43		1,779		1,895,453
3.00%, 11/20/43		63		67,041
3.00%, 12/20/43		17		17,692
3.00%, 01/15/44		452		470,886
3.00%, 01/20/44		4,987		5,314,077
3.00%, 02/20/44		1,510		1,609,515
3.00%, 03/20/44		1,721		1,833,810
3.00%, 04/20/44		30		31,441
3.00%, 05/15/44		21		22,369
3.00%, 06/20/44		300		319,252
3.00%, 07/20/44		1,067		1,133,587
3.00%, 08/20/44		35,858		38,100,910
3.00%, 09/20/44		1,323		1,405,740
3.00%, 10/15/44		1,257		1,319,326
3.00%, 10/20/44		5,890		6,276,798
3.00%, 12/20/44		39		41,135
3.00%, 01/20/45		61		64,430
3.00%, 03/15/45		1,631		1,766,315
3.00%, 03/20/45		35		37,523
3.00%, 04/20/45		544		577,218
3.00%, 05/15/45		2,796		2,980,651
3.00%, 05/20/45		19,874		21,103,268
3.00%, 07/15/45		85		89,347
3.00%, 07/20/45		31,919		33,893,097
3.00%, 08/15/45		4,522		4,717,461
3.00%, 08/20/45		61,108		64,886,653
3.00%, 10/20/45		12,849		13,708,671
3.00%, 11/20/45		4,429		4,750,599
3.00%, 12/20/45		5,220		5,599,345
3.00%, 01/20/46		690		732,316

Security	Par (000)		Value
Mortgage-Backed Securities (continued)
3.00%, 02/20/46	$	23,577	$	25,034,537
3.00%, 04/20/46		10,058		10,651,273
3.00%, 05/20/46		23,500		24,885,892
3.00%, 06/20/46		25,433		26,933,723
3.00%, 07/15/46		650		687,092
3.00%, 07/20/46		37,067		39,253,254
3.00%, 08/20/46		62,009		65,666,700
3.00%, 09/20/46		52,592		55,694,366
3.00%, 10/20/46		20,255		21,450,207
3.00%, 11/15/46		221		230,471
3.00%, 11/20/46		37,567		39,813,886
3.00%, 12/15/46		8,207		8,634,156
3.00%, 12/20/46		69,079		73,153,406
3.00%, 01/20/47		41,228		43,659,754
3.00%, 02/15/47		17,321		18,078,078
3.00%, 02/20/47		13,747		14,558,295
3.00%, 03/20/47		36,613		38,772,272
3.00%, 04/20/47		1,916		2,021,060
3.00%, 06/15/47		202		215,735
3.00%, 06/20/47		15,028		15,850,550
3.00%, 07/20/47		4,699		4,956,234
3.00%, 08/20/47		1,826		1,926,409
3.00%, 09/15/47		144		153,835
3.00%, 09/20/47		14,077		14,848,162
3.00%, 11/20/47		34,101		35,968,241
3.00%, 12/15/47		48		51,194
3.00%, 12/20/47		13,609		14,353,642
3.00%, 01/20/48		16,137		17,020,325
3.00%, 02/20/48		12,599		13,272,381
3.00%, 03/20/48		8,043		8,483,143
3.00%, 04/20/48		16,487		17,389,355
3.00%, 05/20/48		4,202		4,431,828
3.00%, 08/20/48		5,392		5,686,994
3.00%, 09/20/48		3,191		3,365,431
3.00%, 10/20/48		2,819		2,965,870
3.00%, 11/20/48		4,755		5,015,768
3.00%, 12/20/48		3,154		3,326,164
3.00%, 01/20/49		1,163		1,226,216
3.00%, 02/20/49		1,160		1,223,261
3.00%, 06/20/49		9,232		9,714,723
3.00%, 07/20/49		15,699		16,407,720
3.00%, 09/20/49		67,857		70,921,491
3.00%, 10/20/49		29,599		30,935,830
3.00%, 12/20/49		107,807		112,676,097
3.00%, 01/20/50		27,732		28,985,038
3.00%, 02/20/50		123,125		129,262,345
3.00%, 03/20/50		10,081		10,583,002
3.00%, 04/20/50		16,756		17,590,910
3.00%, 06/20/50		85,177		89,422,620
3.00%, 07/20/50		41,081		43,128,371
3.00%, 08/20/50		121,892		127,967,815
3.00%, 09/20/50		38,275		40,183,351
3.00%, 12/01/50(a)		70,658		73,749,479
3.50%, 08/15/24		371		392,416
3.50%, 12/15/25		11		11,469
3.50%, 02/15/26		193		203,699
3.50%, 05/15/26		36		38,347
3.50%, 12/20/26		148		156,553
3.50%, 03/20/27		27		28,271
3.50%, 04/20/27		85		90,294

13

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)		Value
Mortgage-Backed Securities (continued)
3.50%, 01/20/29	$	18	$	18,816
3.50%, 07/15/29		271		289,573
3.50%, 02/20/31		80		83,272
3.50%, 01/15/41		27		29,664
3.50%, 01/20/41		135		147,716
3.50%, 09/15/41		328		356,385
3.50%, 10/15/41		32		35,158
3.50%, 11/15/41		121		131,882
3.50%, 11/20/41		608		663,218
3.50%, 12/15/41		2,970		3,226,903
3.50%, 01/15/42		297		322,293
3.50%, 01/20/42		218		237,531
3.50%, 02/15/42		660		722,003
3.50%, 02/20/42		132		144,484
3.50%, 03/15/42		314		341,297
3.50%, 03/20/42		17,985		19,609,057
3.50%, 04/15/42		1,123		1,219,239
3.50%, 05/15/42		955		1,037,860
3.50%, 06/15/42		262		287,510
3.50%, 07/15/42		573		624,113
3.50%, 08/15/42		71		77,624
3.50%, 08/20/42		1,405		1,531,688
3.50%, 09/15/42		2,296		2,517,973
3.50%, 09/20/42		24,208		26,394,015
3.50%, 10/15/42		1,737		1,891,460
3.50%, 10/20/42		25,541		27,847,430
3.50%, 11/15/42		873		950,841
3.50%, 11/20/42		25,360		27,650,581
3.50%, 12/20/42		19,419		21,172,574
3.50%, 01/15/43		688		747,986
3.50%, 01/20/43		3,087		3,444,685
3.50%, 02/15/43		136		147,715
3.50%, 03/15/43		11,103		12,090,778
3.50%, 03/20/43		60		64,651
3.50%, 04/15/43		141		155,664
3.50%, 04/20/43		4,686		5,091,884
3.50%, 05/15/43		1,531		1,682,571
3.50%, 06/15/43		10,947		11,896,653
3.50%, 08/15/43		399		438,213
3.50%, 10/15/43		120		130,146
3.50%, 10/20/43		2,397		2,604,333
3.50%, 01/20/44		6		6,113
3.50%, 02/20/44		1,428		1,550,747
3.50%, 04/20/44		493		534,510
3.50%, 06/15/44		14		15,309
3.50%, 07/15/44		65		70,664
3.50%, 09/15/44		500		543,266
3.50%, 09/20/44		14,662		15,887,956
3.50%, 10/20/44		2,134		2,361,978
3.50%, 12/15/44		198		210,833
3.50%, 12/20/44		1,482		1,605,841
3.50%, 01/15/45		133		142,742
3.50%, 03/15/45		172		184,699
3.50%, 04/15/45		351		380,768
3.50%, 04/20/45		19,284		20,830,506
3.50%, 05/20/45		165		182,511
3.50%, 09/20/45		6,295		7,051,306
3.50%, 10/20/45		423		457,010
3.50%, 11/20/45		18,737		20,239,668
3.50%, 12/20/45		14,992		16,194,133

Security	Par (000)		Value
Mortgage-Backed Securities (continued)
3.50%, 01/20/46	$	1,301	$	1,416,736
3.50%, 02/20/46		601		648,735
3.50%, 03/20/46		36,282		39,046,372
3.50%, 04/20/46		23,042		24,797,425
3.50%, 05/20/46		4,742		5,106,176
3.50%, 06/15/46		1,120		1,202,538
3.50%, 06/20/46		105,928		113,997,903
3.50%, 07/15/46		3,618		3,893,101
3.50%, 07/20/46		5,862		6,308,589
3.50%, 08/15/46		7,787		8,359,419
3.50%, 08/20/46		199		214,574
3.50%, 09/15/46		8,313		8,929,373
3.50%, 09/20/46		12,405		13,349,723
3.50%, 10/15/46		3,280		3,521,471
3.50%, 10/20/46		754		811,782
3.50%, 11/20/46		10,666		11,502,139
3.50%, 12/20/46		18,656		20,077,732
3.50%, 01/20/47		52,917		56,948,356
3.50%, 02/20/47		120,022		129,165,266
3.50%, 03/20/47		34,931		37,411,151
3.50%, 04/20/47		21,636		23,273,807
3.50%, 05/20/47		1,866		1,998,437
3.50%, 06/15/47		1,425		1,530,191
3.50%, 06/20/47		9,673		10,357,458
3.50%, 07/20/47		2,860		3,148,433
3.50%, 08/20/47		33,211		35,909,561
3.50%, 09/15/47		888		953,455
3.50%, 09/20/47		60,250		64,510,406
3.50%, 10/15/47		3,718		3,991,007
3.50%, 10/20/47		39,730		42,655,235
3.50%, 11/15/47		12,177		13,072,640
3.50%, 11/20/47		51,542		55,196,798
3.50%, 12/15/47		36,056		38,858,466
3.50%, 12/20/47		36,714		39,725,405
3.50%, 01/15/48		13,594		14,593,627
3.50%, 01/20/48		29,838		32,366,777
3.50%, 02/15/48		594		622,191
3.50%, 02/20/48		37,913		40,997,018
3.50%, 04/15/48		1,787		1,872,755
3.50%, 04/20/48		19,568		21,468,105
3.50%, 05/15/48		146		153,046
3.50%, 09/15/48		1,253		1,344,981
3.50%, 09/20/48		3,807		4,083,286
3.50%, 01/20/49		6,366		6,815,779
3.50%, 06/20/49		958		1,051,360
3.50%, 11/15/49		1,358		1,477,666
3.50%, 01/20/50		119,632		126,321,036
3.50%, 03/20/50		151,677		160,158,102
3.50%, 06/20/50		642		687,889
3.50%, 08/20/50		39,621		42,452,611
3.50%, 12/01/50(a)		147,748		156,093,189
4.00%, 07/15/24		20		20,562
4.00%, 08/15/24		39		40,907
4.00%, 12/15/24		34		36,268
4.00%, 11/15/25		49		51,697
4.00%, 05/15/26		39		40,585
4.00%, 07/20/26		22		23,442
4.00%, 06/15/39		121		133,058
4.00%, 07/20/40		68		75,020
4.00%, 08/15/40		59		64,724

14

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)		Value
Mortgage-Backed Securities (continued)
4.00%, 09/15/40	$	267	$	294,122
4.00%, 10/15/40		200		220,274
4.00%, 11/15/40		183		200,415
4.00%, 11/20/40		396		437,607
4.00%, 12/15/40		83		90,947
4.00%, 01/15/41		363		397,418
4.00%, 01/20/41		106		117,590
4.00%, 02/15/41		3,200		3,518,620
4.00%, 03/15/41		877		965,417
4.00%, 04/15/41		2,767		3,045,478
4.00%, 05/15/41		595		654,526
4.00%, 06/15/41		1		977
4.00%, 07/15/41		1,353		1,489,302
4.00%, 07/20/41		30		32,814
4.00%, 08/15/41		94		103,155
4.00%, 08/20/41		56		61,862
4.00%, 09/15/41		383		421,479
4.00%, 09/20/41		172		190,273
4.00%, 10/15/41		53		58,198
4.00%, 11/15/41		26		28,999
4.00%, 11/20/41		446		494,841
4.00%, 12/15/41		991		1,090,868
4.00%, 12/20/41		139		154,358
4.00%, 01/15/42		560		615,698
4.00%, 01/20/42		439		486,563
4.00%, 02/15/42		2,106		2,320,449
4.00%, 02/20/42		172		190,260
4.00%, 03/15/42		4,147		4,574,438
4.00%, 04/15/42		2,451		2,672,965
4.00%, 05/15/42		647		714,193
4.00%, 05/20/42		11		12,201
4.00%, 06/20/42		15		16,927
4.00%, 07/20/42		288		318,268
4.00%, 08/15/42		1,025		1,130,642
4.00%, 08/20/42		2,755		3,043,366
4.00%, 10/15/42		516		569,269
4.00%, 11/20/42		554		612,479
4.00%, 04/20/43		291		320,946
4.00%, 05/15/43		25		26,853
4.00%, 05/20/43		1,613		1,819,237
4.00%, 06/20/43		46		50,930
4.00%, 08/15/43		3		3,588
4.00%, 09/15/43		192		209,210
4.00%, 09/20/43		46		50,742
4.00%, 11/15/43		40		44,083
4.00%, 03/15/44		206		224,772
4.00%, 03/20/44		432		474,474
4.00%, 04/15/44		17		18,144
4.00%, 04/20/44		711		780,161
4.00%, 05/15/44		130		141,943
4.00%, 07/15/44		64		69,633
4.00%, 07/20/44		761		835,801
4.00%, 08/15/44		28		30,691
4.00%, 08/20/44		3,608		3,960,790
4.00%, 09/15/44		246		269,656
4.00%, 10/20/44		8,479		9,308,293
4.00%, 01/15/45		31		33,654
4.00%, 01/20/45		8,750		9,605,786
4.00%, 02/15/45		9		9,434
4.00%, 03/15/45		59		64,001

Security	Par (000)		Value
Mortgage-Backed Securities (continued)
4.00%, 04/15/45	$	38	$	41,004
4.00%, 04/20/45		324		364,806
4.00%, 05/15/45		36		39,174
4.00%, 06/15/45		326		354,908
4.00%, 06/20/45		419		457,363
4.00%, 07/15/45		102		111,169
4.00%, 08/15/45		89		96,351
4.00%, 08/20/45		1,729		1,888,168
4.00%, 09/15/45		456		497,123
4.00%, 09/20/45		15,359		16,772,095
4.00%, 10/15/45		174		189,791
4.00%, 10/20/45		625		682,912
4.00%, 11/15/45		92		100,198
4.00%, 11/20/45		979		1,068,985
4.00%, 01/20/46		2,644		2,886,760
4.00%, 03/20/46		16,455		17,968,354
4.00%, 04/15/46		858		933,294
4.00%, 04/20/46		9,753		10,650,335
4.00%, 05/15/46		22		23,491
4.00%, 07/20/46		2,322		2,513,976
4.00%, 08/15/46		95		103,328
4.00%, 09/20/46		4,495		4,867,432
4.00%, 10/15/46		262		285,515
4.00%, 11/15/46		325		353,855
4.00%, 11/20/46		8,397		9,092,722
4.00%, 12/15/46		2,860		3,111,195
4.00%, 12/20/46		4,484		4,855,354
4.00%, 01/20/47		14,788		16,012,458
4.00%, 03/20/47		513		555,273
4.00%, 04/20/47		34,498		37,110,944
4.00%, 06/20/47		47,527		51,127,235
4.00%, 07/20/47		95,947		103,215,240
4.00%, 08/20/47		18,392		20,046,380
4.00%, 09/20/47		1,042		1,121,142
4.00%, 10/15/47		98		104,827
4.00%, 10/20/47		3,000		3,227,043
4.00%, 11/20/47		85,538		92,018,363
4.00%, 12/20/47		11,660		12,582,217
4.00%, 01/15/48		5,665		6,087,816
4.00%, 01/20/48		15,007		16,268,123
4.00%, 02/20/48		726		781,449
4.00%, 03/20/48		62,014		66,774,817
4.00%, 04/20/48		26,513		28,408,747
4.00%, 05/15/48		541		576,170
4.00%, 05/20/48		34,010		36,325,143
4.00%, 06/20/48		24,940		26,720,917
4.00%, 07/20/48		12,476		13,324,683
4.00%, 08/20/48		44,528		47,557,786
4.00%, 09/20/48		10,410		11,118,178
4.00%, 10/20/48		4,146		4,428,316
4.00%, 11/20/48		34,139		36,461,477
4.00%, 12/20/48		8,791		9,388,700
4.00%, 02/20/49		573		612,175
4.00%, 06/15/49		23,192		24,621,918
4.00%, 06/20/49		4,201		4,516,445
4.00%, 07/20/49		18,796		20,309,042
4.00%, 09/15/49		275		295,330
4.00%, 12/20/49		19,085		20,291,053
4.00%, 01/20/50		14,471		15,385,988
4.00%, 02/20/50		55,009		58,485,196

15

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)		Value
Mortgage-Backed Securities (continued)
4.00%, 03/20/50	$	32,501	$	34,555,281
4.00%, 12/01/50(a)		282		300,072
4.50%, 04/20/26		22		23,115
4.50%, 07/15/33		2		2,481
4.50%, 08/15/33		26		29,278
4.50%, 11/20/33		3		3,707
4.50%, 06/15/34		3		2,931
4.50%, 01/15/35		1		957
4.50%, 06/20/35		23		25,306
4.50%, 08/15/35		12		12,785
4.50%, 10/15/35		1		643
4.50%, 03/15/39		137		151,734
4.50%, 03/20/39		59		66,327
4.50%, 04/15/39		493		550,124
4.50%, 05/15/39		156		175,648
4.50%, 06/15/39		140		158,148
4.50%, 07/15/39		430		482,403
4.50%, 08/15/39		2,416		2,698,618
4.50%, 09/15/39		48		53,181
4.50%, 10/15/39		8		9,206
4.50%, 11/15/39		78		87,584
4.50%, 11/20/39		740		827,270
4.50%, 12/15/39		115		128,477
4.50%, 01/15/40		244		274,349
4.50%, 01/20/40		817		913,755
4.50%, 02/15/40		227		254,695
4.50%, 03/15/40		137		154,477
4.50%, 04/15/40		57		63,492
4.50%, 05/15/40		41		45,685
4.50%, 05/20/40		131		146,449
4.50%, 06/15/40		4,157		4,648,790
4.50%, 06/20/40		48		53,816
4.50%, 07/15/40		1,945		2,174,808
4.50%, 08/15/40		6,118		6,839,866
4.50%, 08/20/40		1,263		1,416,825
4.50%, 09/15/40		260		291,507
4.50%, 10/15/40		99		111,154
4.50%, 10/20/40		3,457		3,878,366
4.50%, 12/15/40		25		28,302
4.50%, 01/15/41		13		14,060
4.50%, 01/20/41		268		300,364
4.50%, 02/15/41		12		13,800
4.50%, 02/20/41		53		59,856
4.50%, 03/15/41		158		177,502
4.50%, 03/20/41		217		243,157
4.50%, 04/15/41		112		127,311
4.50%, 04/20/41		7,207		8,085,299
4.50%, 05/15/41		87		99,010
4.50%, 06/15/41		67		75,695
4.50%, 06/20/41		4,419		4,957,628
4.50%, 07/15/41		58		65,819
4.50%, 07/20/41		498		559,113
4.50%, 08/15/41		51		57,231
4.50%, 08/20/41		82		91,981
4.50%, 09/15/41		49		55,141
4.50%, 09/20/41		2,321		2,603,708
4.50%, 11/20/41		2,450		2,749,003
4.50%, 12/20/41		79		88,961
4.50%, 01/20/42		160		179,016
4.50%, 02/20/42		85		95,629

Security	Par (000)		Value
Mortgage-Backed Securities (continued)
4.50%, 03/20/42	$	20	$	22,649
4.50%, 04/20/42		38		42,868
4.50%, 05/20/42		29		32,655
4.50%, 08/20/43		18		19,969
4.50%, 09/20/43		137		152,890
4.50%, 11/20/43		1,192		1,363,272
4.50%, 08/20/44		36		40,496
4.50%, 09/20/44		231		257,171
4.50%, 10/20/44		162		180,461
4.50%, 11/20/44		257		286,890
4.50%, 06/20/45		277		308,746
4.50%, 09/15/45		40		45,691
4.50%, 10/15/45		51		56,442
4.50%, 10/20/45		97		107,980
4.50%, 11/20/45		5,429		6,049,889
4.50%, 12/20/45		285		318,014
4.50%, 01/20/46		13		14,055
4.50%, 02/15/46		400		455,433
4.50%, 02/20/46		1,443		1,608,356
4.50%, 05/20/46		215		240,057
4.50%, 07/20/46		549		611,578
4.50%, 08/15/46		64		71,622
4.50%, 08/20/46		21		23,148
4.50%, 09/15/46		187		208,451
4.50%, 09/20/46		826		920,503
4.50%, 10/15/46		55		61,686
4.50%, 10/20/46		3,035		3,386,941
4.50%, 11/20/46		907		1,012,302
4.50%, 02/20/47		524		570,164
4.50%, 04/20/47		725		789,602
4.50%, 05/20/47		2,298		2,503,256
4.50%, 06/15/47		149		167,198
4.50%, 06/20/47		2,042		2,224,056
4.50%, 08/15/47		79		86,819
4.50%, 10/20/47		4,680		5,112,795
4.50%, 01/20/48		376		409,378
4.50%, 02/20/48		6,789		7,392,403
4.50%, 03/20/48		3,390		3,691,299
4.50%, 04/20/48		18,781		20,450,357
4.50%, 06/20/48		37,204		40,231,055
4.50%, 07/20/48		24,157		26,122,443
4.50%, 08/20/48		17,654		19,090,274
4.50%, 10/20/48		6,163		6,664,614
4.50%, 11/20/48		896		972,998
4.50%, 12/20/48		28,291		30,594,137
4.50%, 01/20/49		42,667		46,139,364
4.50%, 02/20/49		2,619		2,858,966
4.50%, 03/20/49		5,418		5,859,232
4.50%, 04/20/49		9,606		10,415,871
4.50%, 05/20/49		8,591		9,340,873
4.50%, 08/20/49		7,878		8,448,875
4.50%, 09/20/49		129		138,633
4.50%, 02/20/50		36,231		38,857,342
4.50%, 03/20/50		17,225		18,473,331
4.50%, 04/20/50		2,782		2,983,398
4.50%, 12/01/50(a)		18,380		19,723,999
4.50%, 12/21/50(a)		16,150		17,764,966
5.00%, 11/15/24		307		325,611
5.00%, 03/15/33		5		5,981
5.00%, 05/20/33		264		296,027

16

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
5.00%, 06/15/33	$	9		$	10,069
5.00%, 07/15/33		36			40,687
5.00%, 07/20/33		2			1,933
5.00%, 08/15/33		112			124,402
5.00%, 09/15/33		63			70,957
5.00%, 10/15/33		37			41,331
5.00%, 01/15/34		1			1,369
5.00%, 01/20/34		2			2,549
5.00%, 02/15/34		42			47,469
5.00%, 04/15/34		3			3,818
5.00%, 05/15/34		6			6,316
5.00%, 05/20/34		1			1,364
5.00%, 06/15/34		39			43,120
5.00%, 07/15/34		17			18,375
5.00%, 12/15/34		3			3,846
5.00%, 01/15/35		19			19,922
5.00%, 03/15/35		1			1,082
5.00%, 05/15/35		3			3,531
5.00%, 07/20/35		1,078			1,207,393
5.00%, 08/15/35		33			36,883
5.00%, 09/15/35		11			12,236
5.00%, 10/15/35		70			79,032
5.00%, 11/15/35		15			15,797
5.00%, 12/15/35		13			14,602
5.00%, 04/20/36		36			40,478
5.00%, 09/15/36		27			30,527
5.00%, 12/15/36		4,333			4,859,189
5.00%, 04/20/37		2			2,106
5.00%, 12/15/37		2			2,467
5.00%, 01/15/38		1			875
5.00%, 02/15/38		1			741
5.00%, 03/15/38		1			650
5.00%, 03/20/38		8			9,526
5.00%, 04/15/38		20			23,114
5.00%, 04/20/38		204			229,953
5.00%, 05/15/38		88			96,685
5.00%, 05/20/38		2			2,770
5.00%, 06/15/38		44			48,652
5.00%, 06/20/38		20			22,551
5.00%, 07/15/38		6			6,411
5.00%, 07/15/38		0	(c)		348
5.00%, 08/15/38		43			48,012
5.00%, 08/20/38		15			17,432
5.00%, 10/15/38		18			19,273
5.00%, 10/20/38		22			25,550
5.00%, 12/15/38		13			14,861
5.00%, 01/15/39		1,688			1,887,704
5.00%, 02/15/39		434			480,708
5.00%, 03/15/39		101			111,405
5.00%, 04/15/39		69			76,502
5.00%, 05/15/39		21			22,990
5.00%, 05/20/39		9			10,720
5.00%, 06/15/39		138			153,065
5.00%, 06/20/39		42			47,825
5.00%, 07/15/39		4,397			4,911,221
5.00%, 08/15/39		132			147,744
5.00%, 09/15/39		446			496,424
5.00%, 10/15/39		50			55,956
5.00%, 10/20/39		1,321			1,505,061
5.00%, 11/15/39		78			87,259

Security	Par (000)		Value
Mortgage-Backed Securities (continued)
5.00%, 12/15/39	$	24	$	26,238
5.00%, 02/15/40		473		531,334
5.00%, 03/15/40		50		55,316
5.00%, 04/15/40		20		22,049
5.00%, 05/15/40		1,048		1,162,752
5.00%, 05/20/40		18		20,220
5.00%, 06/15/40		189		210,878
5.00%, 06/20/40		47		54,168
5.00%, 07/15/40		58		65,044
5.00%, 07/20/40		4,839		5,520,386
5.00%, 08/15/40		16		17,826
5.00%, 08/20/40		1,428		1,629,319
5.00%, 12/15/40		119		132,409
5.00%, 01/20/41		85		97,232
5.00%, 02/20/41		40		45,123
5.00%, 04/15/41		18		20,496
5.00%, 04/20/41		2		2,262
5.00%, 05/20/41		54		62,112
5.00%, 06/20/41		12		13,737
5.00%, 07/20/41		14		16,206
5.00%, 09/20/41		19		21,605
5.00%, 10/20/41		12		13,938
5.00%, 11/20/41		4,085		4,653,533
5.00%, 12/20/41		31		35,095
5.00%, 02/20/42		138		156,853
5.00%, 03/20/42		21		23,665
5.00%, 07/20/42		778		886,056
5.00%, 08/20/42		40		45,597
5.00%, 10/20/42		3		2,821
5.00%, 01/20/43		219		249,890
5.00%, 04/20/43		49		55,279
5.00%, 05/20/43		33		37,115
5.00%, 11/20/43		130		147,078
5.00%, 01/20/44		174		198,808
5.00%, 03/15/44		3,414		3,793,296
5.00%, 05/20/44		368		419,278
5.00%, 06/20/44		52		59,517
5.00%, 07/20/44		292		333,140
5.00%, 08/20/44		154		175,587
5.00%, 12/20/44		411		468,882
5.00%, 04/20/45		187		213,665
5.00%, 08/20/45		25		28,381
5.00%, 09/20/45		20		22,915
5.00%, 10/20/45		141		160,808
5.00%, 11/20/45		10		11,035
5.00%, 02/20/46		994		1,134,295
5.00%, 04/20/46		193		220,511
5.00%, 05/20/46		17		19,498
5.00%, 07/20/46		20		22,700
5.00%, 04/20/47		226		254,832
5.00%, 07/15/47		533		578,370
5.00%, 08/15/47		258		278,192
5.00%, 09/20/47		38		42,525
5.00%, 03/20/48		1,008		1,111,529
5.00%, 04/20/48		8,013		8,810,559
5.00%, 05/20/48		4,673		5,138,453
5.00%, 08/20/48		3,418		3,783,332
5.00%, 09/20/48		3,975		4,419,069
5.00%, 11/20/48		16,678		18,449,082
5.00%, 12/20/48		3,698		4,112,779

17

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
5.00%, 01/20/49	$	14,270		$	15,609,661
5.00%, 02/20/49		3,348			3,662,292
5.00%, 04/20/49		2,446			2,675,508
5.00%, 06/20/49		5,534			6,053,425
5.00%, 07/20/49		4,791			5,240,251
5.00%, 09/20/49		45			49,530
5.00%, 10/20/49		186			204,355
5.00%, 11/20/49		1,506			1,646,993
5.00%, 02/20/50		2,347			2,580,745
5.00%, 05/20/50		4,512			4,960,809
5.50%, 01/15/24		11			11,143
5.50%, 12/15/31		32			34,097
5.50%, 01/15/32		2			1,879
5.50%, 05/20/32		1			585
5.50%, 10/15/32		3			2,966
5.50%, 11/15/32		2			2,588
5.50%, 01/15/33		8			9,664
5.50%, 02/15/33		17			18,800
5.50%, 03/15/33		24			26,911
5.50%, 04/15/33		31			35,263
5.50%, 05/15/33		38			42,806
5.50%, 06/15/33		4			3,858
5.50%, 07/15/33		11			12,924
5.50%, 08/15/33		45			49,873
5.50%, 09/15/33		15			17,467
5.50%, 10/15/33		7			7,431
5.50%, 11/15/33		51			58,120
5.50%, 12/15/33		10			11,399
5.50%, 12/15/33		0	(c)		231
5.50%, 01/15/34		40			46,481
5.50%, 02/15/34		1			1,413
5.50%, 03/15/34		17			19,392
5.50%, 04/15/34		22			24,869
5.50%, 05/15/34		53			61,053
5.50%, 06/15/34		25			28,651
5.50%, 07/15/34		14			15,464
5.50%, 10/15/34		7			7,586
5.50%, 11/15/34		19			21,449
5.50%, 11/20/34		1,291			1,474,550
5.50%, 12/15/34		7			7,469
5.50%, 02/15/35		34			38,345
5.50%, 03/15/35		21			23,379
5.50%, 04/15/35		26			29,496
5.50%, 05/15/35		21			23,979
5.50%, 06/15/35		27			31,006
5.50%, 07/15/35		24			27,772
5.50%, 08/15/35		7			7,345
5.50%, 09/15/35		24			26,737
5.50%, 10/15/35		12			13,463
5.50%, 11/15/35		5			5,350
5.50%, 12/15/35		18			21,169
5.50%, 01/15/36		6			6,638
5.50%, 02/15/36		3			3,319
5.50%, 03/15/36		987			1,129,819
5.50%, 03/20/36		281			318,554
5.50%, 04/15/36		8			8,954
5.50%, 07/15/36		2			2,179
5.50%, 07/20/36		373			422,363
5.50%, 11/20/36		1			743
5.50%, 12/15/36		8			9,471

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
5.50%, 01/15/37	$	0	(c)	$	414
5.50%, 03/15/37		61			67,952
5.50%, 04/15/37		24			26,839
5.50%, 05/15/37		3			3,271
5.50%, 07/15/37		4			4,118
5.50%, 01/15/38		1			1,440
5.50%, 01/20/38		1			1,394
5.50%, 02/15/38		18			21,049
5.50%, 03/15/38		5			5,666
5.50%, 05/15/38		22			24,461
5.50%, 06/15/38		125			140,727
5.50%, 06/20/38		1,469			1,666,334
5.50%, 07/15/38		40			43,380
5.50%, 07/20/38		17			18,750
5.50%, 08/15/38		65			73,525
5.50%, 09/15/38		16			17,848
5.50%, 09/20/38		11			12,609
5.50%, 10/15/38		900			1,025,433
5.50%, 10/20/38		46			52,099
5.50%, 11/15/38		26			30,605
5.50%, 11/20/38		1			1,032
5.50%, 12/15/38		16			17,906
5.50%, 12/20/38		39			44,514
5.50%, 01/15/39		99			109,277
5.50%, 01/20/39		18			20,628
5.50%, 02/15/39		5			5,859
5.50%, 02/20/39		74			84,330
5.50%, 03/20/39		1,036			1,182,998
5.50%, 04/15/39		12			13,630
5.50%, 05/15/39		2			2,722
5.50%, 11/15/39		6			6,907
5.50%, 12/15/39		257			292,690
5.50%, 01/15/40		2,248			2,574,353
5.50%, 03/15/40		33			38,012
5.50%, 04/15/40		62			68,742
5.50%, 07/20/40		2,201			2,513,081
5.50%, 11/15/40		24			27,623
5.50%, 12/20/40		10			11,710
5.50%, 04/20/41		40			45,626
5.50%, 10/20/41		33			37,805
5.50%, 11/20/41		34			39,133
5.50%, 01/20/42		8			9,195
5.50%, 07/20/42		9			10,289
5.50%, 11/20/42		76			87,193
5.50%, 06/20/43		187			212,354
5.50%, 07/20/43		42			47,873
5.50%, 04/20/44		57			64,161
5.50%, 08/20/44		56			62,338
5.50%, 01/20/47		36			39,086
5.50%, 02/20/47		43			46,726
5.50%, 03/20/48		104			111,434
5.50%, 04/20/48		167			177,372
5.50%, 11/20/48		1,801			1,951,109
6.00%, 01/15/24		1			1,394
6.00%, 01/15/24		0	(c)		81
6.00%, 04/15/26		0	(c)		243
6.00%, 04/15/26		1			1,519
6.00%, 05/15/26		2			2,304
6.00%, 04/15/28		1			693
6.00%, 05/15/28		3			2,762

18

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
6.00%, 07/20/28	$	0	(c)	$	297
6.00%, 09/15/28		0	(c)		267
6.00%, 09/20/28		0	(c)		434
6.00%, 10/15/28		0	(c)		411
6.00%, 12/15/28		2			1,497
6.00%, 01/15/29		14			15,451
6.00%, 01/15/29		0	(c)		466
6.00%, 02/15/29		33			36,630
6.00%, 02/15/29		0	(c)		304
6.00%, 03/15/29		1			880
6.00%, 04/15/29		0	(c)		180
6.00%, 04/15/29		6			6,406
6.00%, 05/15/29		3			3,336
6.00%, 05/20/29		1			1,133
6.00%, 06/15/29		3			3,456
6.00%, 07/15/29		0	(c)		283
6.00%, 08/20/29		0	(c)		277
6.00%, 06/15/31		1			957
6.00%, 10/15/31		4			4,624
6.00%, 11/15/31		2			2,215
6.00%, 12/15/31		5			5,683
6.00%, 01/15/32		1			748
6.00%, 02/15/32		0	(c)		355
6.00%, 02/15/32		5			6,419
6.00%, 03/15/32		2			1,808
6.00%, 03/15/32		0	(c)		440
6.00%, 04/15/32		5			5,915
6.00%, 05/15/32		0	(c)		638
6.00%, 05/15/32		2			1,848
6.00%, 06/15/32		2			1,924
6.00%, 07/15/32		2			2,050
6.00%, 08/15/32		6			6,087
6.00%, 09/15/32		7			7,845
6.00%, 10/15/32		14			16,411
6.00%, 12/15/32		0	(c)		525
6.00%, 12/15/32		54			60,927
6.00%, 01/15/33		3			3,079
6.00%, 02/15/33		13			14,570
6.00%, 04/15/33		3			2,967
6.00%, 06/15/33		17			18,914
6.00%, 08/15/33		2			1,898
6.00%, 09/15/33		67			76,991
6.00%, 11/15/33		8			8,670
6.00%, 12/15/33		73			84,287
6.00%, 07/15/34		7			7,853
6.00%, 08/15/34		6			6,835
6.00%, 09/15/34		3			3,045
6.00%, 10/15/34		17			20,012
6.00%, 11/15/34		1			727
6.00%, 09/15/35		3			3,882
6.00%, 11/15/35		3			3,035
6.00%, 12/15/35		19			21,532
6.00%, 01/15/36		2			1,750
6.00%, 01/20/36		4			4,931
6.00%, 04/15/36		6			6,407
6.00%, 06/15/36		13			15,444
6.00%, 07/15/36		6			7,310
6.00%, 07/15/36		0	(c)		311
6.00%, 08/15/36		26			29,699
6.00%, 10/15/36		5			5,518

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
6.00%, 11/15/36	$	19		$	22,145
6.00%, 01/15/37		26			28,790
6.00%, 01/20/37		2			2,110
6.00%, 02/15/37		2			2,353
6.00%, 03/15/37		2,137			2,488,481
6.00%, 04/15/37		39			44,901
6.00%, 05/15/37		30			34,412
6.00%, 06/15/37		4			5,099
6.00%, 08/15/37		2			1,879
6.00%, 09/15/37		7			8,162
6.00%, 10/20/37		33			38,499
6.00%, 11/15/37		1			1,637
6.00%, 11/20/37		32			37,672
6.00%, 12/15/37		8			9,893
6.00%, 01/15/38		34			38,857
6.00%, 02/15/38		16			18,848
6.00%, 02/15/38		0	(c)		229
6.00%, 03/15/38		5			5,517
6.00%, 05/15/38		19			21,396
6.00%, 06/15/38		5			6,385
6.00%, 06/20/38		22			25,364
6.00%, 08/15/38		15			16,346
6.00%, 09/20/38		2,336			2,746,371
6.00%, 10/15/38		2			2,408
6.00%, 11/15/38		8			9,066
6.00%, 11/15/38		0	(c)		243
6.00%, 12/15/38		1,096			1,283,492
6.00%, 01/15/39		91			104,814
6.00%, 06/15/39		8			8,884
6.00%, 09/15/39		37			41,370
6.00%, 09/20/39		147			166,469
6.00%, 11/15/39		379			440,896
6.00%, 12/15/39		6			6,656
6.00%, 04/20/40		307			343,737
6.00%, 12/15/40		11			13,159
6.00%, 12/20/40		6			7,010
6.00%, 11/20/41		3			3,522
6.00%, 01/20/42		23			27,763
6.00%, 04/20/42		6			7,558
6.00%, 07/20/45		211			236,841
6.00%, 01/20/46		653			729,320
6.00%, 12/21/50(a)		7,000			7,857,500
6.50%, 05/15/23		0	(c)		367
6.50%, 09/15/23		1			1,478
6.50%, 09/15/23		0	(c)		288
6.50%, 10/15/23		0	(c)		203
6.50%, 11/15/23		0	(c)		329
6.50%, 12/15/23		0	(c)		112
6.50%, 01/15/24		1			874
6.50%, 04/15/24		0	(c)		371
6.50%, 05/15/24		0	(c)		435
6.50%, 07/15/24		0	(c)		769
6.50%, 10/15/24		0	(c)		170
6.50%, 03/15/26		0	(c)		833
6.50%, 04/15/26		0	(c)		500
6.50%, 03/15/28		1			853
6.50%, 03/15/28		0	(c)		172
6.50%, 04/15/28		0	(c)		225
6.50%, 06/15/28		0	(c)		263
6.50%, 08/15/28		0	(c)		119

19

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
6.50%, 09/15/28	$	0	(c)	$	257
6.50%, 09/15/28		3			2,382
6.50%, 10/15/28		9			9,443
6.50%, 10/15/28		0	(c)		511
6.50%, 10/20/28		1			674
6.50%, 11/15/28		6			6,309
6.50%, 12/15/28		8			8,879
6.50%, 01/15/29		8			8,546
6.50%, 01/15/29		0	(c)		582
6.50%, 02/15/29		0	(c)		250
6.50%, 03/15/29		2			2,283
6.50%, 03/15/29		0	(c)		230
6.50%, 04/15/29		0	(c)		499
6.50%, 04/15/29		3			3,085
6.50%, 05/15/29		0	(c)		150
6.50%, 05/20/29		0	(c)		545
6.50%, 06/15/29		0	(c)		356
6.50%, 07/15/29		17			17,735
6.50%, 08/15/29		8			8,712
6.50%, 08/15/29		0	(c)		164
6.50%, 09/15/29		1			1,322
6.50%, 12/15/29		0	(c)		185
6.50%, 05/15/31		4			3,503
6.50%, 06/15/31		0	(c)		471
6.50%, 06/15/31		2			2,307
6.50%, 07/15/31		0	(c)		424
6.50%, 09/15/31		0	(c)		1,273
6.50%, 09/15/31		6			6,538
6.50%, 11/15/31		0	(c)		26
6.50%, 11/15/31		30			35,114
6.50%, 12/15/31		9			10,940
6.50%, 01/15/32		3			3,202
6.50%, 02/20/32		0	(c)		275
6.50%, 03/15/32		6			6,395
6.50%, 04/15/32		5			6,574
6.50%, 05/20/32		11			13,030
6.50%, 06/15/32		0	(c)		489
6.50%, 06/15/32		1			1,373
6.50%, 07/15/32		3			2,731
6.50%, 08/15/32		5			5,518
6.50%, 09/15/32		2			2,117
6.50%, 10/15/32		3			3,440
6.50%, 12/15/32		2			1,778
6.50%, 01/15/33		5			6,007
6.50%, 03/15/33		6			6,704
6.50%, 04/15/33		2			2,632
6.50%, 05/15/33		4			4,020
6.50%, 07/15/34		2			2,031
6.50%, 08/15/34		2			2,504
6.50%, 08/20/34		1			1,258
6.50%, 11/15/34		3			3,836
6.50%, 12/15/35		4			4,607
6.50%, 02/15/36		3			3,414
6.50%, 04/15/36		15			17,517
6.50%, 10/15/36		22			24,742
6.50%, 05/15/37		36			38,122
6.50%, 07/15/37		4			4,792
6.50%, 08/15/37		1			606
6.50%, 11/15/37		7			8,167
6.50%, 12/15/37		7			8,004

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
6.50%, 01/15/38	$	2		$	2,055
6.50%, 05/15/38		3			3,079
6.50%, 08/20/38		11			13,177
6.50%, 09/15/38		4			4,034
6.50%, 10/20/38		1,019			1,224,003
6.50%, 11/15/38		13			15,836
6.50%, 12/15/38		15			18,039
6.50%, 01/15/39		0	(c)		485
7.00%, 11/15/22		0	(c)		428
7.00%, 06/15/23		0	(c)		313
7.00%, 07/15/23		0	(c)		769
7.00%, 08/15/23		0	(c)		1,104
7.00%, 08/15/23		2			1,954
7.00%, 09/15/23		0	(c)		124
7.00%, 10/15/23		0	(c)		486
7.00%, 11/15/23		1			1,234
7.00%, 11/15/23		0	(c)		263
7.00%, 12/15/23		0	(c)		568
7.00%, 01/15/24		0	(c)		392
7.00%, 04/15/24		0	(c)		510
7.00%, 05/15/24		0	(c)		981
7.00%, 06/15/24		0	(c)		480
7.00%, 09/15/24		1			807
7.00%, 10/15/24		1			1,442
7.00%, 11/15/24		1			566
7.00%, 01/15/25		0	(c)		173
7.00%, 07/15/25		0	(c)		254
7.00%, 10/15/25		0	(c)		206
7.00%, 12/15/25		0	(c)		53
7.00%, 12/15/25		1			928
7.00%, 01/15/26		0	(c)		195
7.00%, 02/15/26		0	(c)		368
7.00%, 04/15/26		0	(c)		198
7.00%, 04/15/26		1			586
7.00%, 06/15/26		1			1,231
7.00%, 11/15/26		0	(c)		512
7.00%, 02/15/27		0	(c)		216
7.00%, 05/15/27		1			619
7.00%, 06/15/27		1			1,106
7.00%, 10/15/27		1			914
7.00%, 11/15/27		1			1,473
7.00%, 11/15/27		0	(c)		102
7.00%, 12/15/27		3			2,290
7.00%, 12/15/27		0	(c)		715
7.00%, 01/15/28		1			952
7.00%, 02/15/28		0	(c)		58
7.00%, 03/15/28		0	(c)		422
7.00%, 03/15/28		1			808
7.00%, 04/15/28		4			3,333
7.00%, 04/15/28		0	(c)		377
7.00%, 06/15/28		3			2,941
7.00%, 06/15/28		0	(c)		905
7.00%, 07/15/28		1			1,014
7.00%, 07/15/28		0	(c)		108
7.00%, 08/15/28		1			933
7.00%, 08/15/28		0	(c)		600
7.00%, 09/15/28		5			4,601
7.00%, 09/15/28		0	(c)		218
7.00%, 10/15/28		0	(c)		497
7.00%, 11/15/28		5			5,832

20

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
7.00%, 11/15/28	$	0	(c)	$	1,137
7.00%, 12/15/28		0	(c)		524
7.00%, 12/15/28		1			1,668
7.00%, 03/15/29		6			7,265
7.00%, 04/15/29		0	(c)		208
7.00%, 04/15/29		3			2,860
7.00%, 05/15/29		0	(c)		160
7.00%, 06/15/29		1			774
7.00%, 07/15/29		0	(c)		445
7.00%, 08/15/29		0	(c)		551
7.00%, 08/15/29		2			2,517
7.00%, 11/15/29		0	(c)		123
7.00%, 12/15/29		1			916
7.00%, 12/15/30		2			1,733
7.00%, 02/15/31		1			1,402
7.00%, 07/15/31		4			4,962
7.00%, 07/15/31		0	(c)		386
7.00%, 08/15/31		0	(c)		908
7.00%, 08/15/31		1			1,552
7.00%, 09/15/31		0	(c)		452
7.00%, 09/15/31		2			2,531
7.00%, 10/15/31		0	(c)		196
7.00%, 11/15/31		2			1,895
7.00%, 02/15/32		2			1,716
7.00%, 02/15/32		0	(c)		140
7.00%, 04/15/32		3			3,220
7.00%, 05/15/32		2			2,129
7.00%, 12/15/37		8			8,706
7.50%, 04/15/22		0	(c)		43
7.50%, 05/15/22		0	(c)		303
7.50%, 12/15/22		0	(c)		151
7.50%, 01/15/23		0	(c)		492
7.50%, 06/15/23		0	(c)		150
7.50%, 07/15/23		0	(c)		123
7.50%, 08/15/23		0	(c)		45
7.50%, 11/15/23		0	(c)		174
7.50%, 12/15/23		0	(c)		162
7.50%, 02/15/24		1			561
7.50%, 02/15/24		0	(c)		206
7.50%, 04/15/24		1			748
7.50%, 04/15/24		0	(c)		99
7.50%, 05/15/24		2			1,803
7.50%, 05/15/24		0	(c)		425
7.50%, 06/15/24		0	(c)		857
7.50%, 08/15/25		0	(c)		76
7.50%, 09/15/25		2			1,368
7.50%, 09/15/25		0	(c)		143
7.50%, 11/15/25		0	(c)		125
7.50%, 12/15/25		0	(c)		317
7.50%, 03/15/26		1			1,610
7.50%, 03/15/26		0	(c)		31
7.50%, 06/15/26		0	(c)		527
7.50%, 08/15/26		0	(c)		156
7.50%, 01/15/27		0	(c)		281
7.50%, 06/15/27		0	(c)		506
7.50%, 10/15/27		0	(c)		1,037
7.50%, 12/15/27		1			1,080
7.50%, 01/15/28		0	(c)		136
7.50%, 06/15/28		2			2,293
7.50%, 07/15/28		5			5,162

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
7.50%, 08/15/28	$	0	(c)	$	392
7.50%, 09/15/28		0	(c)		229
7.50%, 12/15/28		0	(c)		148
7.50%, 01/15/29		0	(c)		64
7.50%, 03/15/29		1			1,571
7.50%, 04/15/29		0	(c)		209
7.50%, 08/15/29		1			566
7.50%, 09/15/29		0	(c)		124
7.50%, 10/15/29		0	(c)		200
7.50%, 11/15/29		0	(c)		133
7.50%, 12/15/29		2			2,493
7.50%, 08/15/30		3			3,603
7.50%, 11/15/30		0	(c)		43
7.50%, 12/15/30		1			707
7.50%, 03/15/32		1			1,371
8.00%, 12/15/21		0	(c)		55
8.00%, 01/15/22		0	(c)		5
8.00%, 04/15/22		0	(c)		60
8.00%, 07/15/22		0	(c)		86
8.00%, 08/15/22		0	(c)		81
8.00%, 02/15/23		0	(c)		366
8.00%, 02/15/23		1			714
8.00%, 03/15/23		0	(c)		75
8.00%, 10/15/23		0	(c)		509
8.00%, 12/15/23		0	(c)		562
8.00%, 03/15/24		0	(c)		113
8.00%, 04/15/24		0	(c)		71
8.00%, 06/15/25		0	(c)		121
8.00%, 07/15/25		0	(c)		863
8.00%, 08/15/25		1			692
8.00%, 09/15/25		0	(c)		228
8.00%, 10/15/25		1			801
8.00%, 11/15/25		0	(c)		433
8.00%, 04/15/26		1			1,305
8.00%, 05/15/26		0	(c)		395
8.00%, 06/15/26		1			640
8.00%, 06/15/26		0	(c)		54
8.00%, 07/15/26		1			585
8.00%, 07/15/26		0	(c)		67
8.00%, 08/15/26		0	(c)		262
8.00%, 09/15/26		0	(c)		579
8.00%, 09/15/26		1			870
8.00%, 02/15/27		1			694
8.00%, 08/15/27		2			1,741
8.00%, 12/15/27		0	(c)		347
8.00%, 04/15/28		0	(c)		66
8.00%, 08/20/29		0	(c)		123
8.00%, 09/15/29		1			673
8.00%, 10/15/29		0	(c)		445
8.00%, 11/15/29		1			1,197
8.00%, 01/15/30		0	(c)		64
8.00%, 02/15/30		0	(c)		310
8.00%, 06/15/30		0	(c)		482
8.00%, 06/20/30		0	(c)		87
8.00%, 12/15/30		2			2,657
8.00%, 07/15/31		0	(c)		163
8.00%, 08/15/31		0	(c)		477
8.00%, 03/15/32		1			1,396
8.50%, 06/15/21		0	(c)		12
8.50%, 09/15/21		0	(c)		73

21

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
8.50%, 11/15/21	$	0	(c)	$	16
8.50%, 01/15/22		0	(c)		28
8.50%, 04/15/22		1			571
8.50%, 06/15/22		0	(c)		60
8.50%, 08/15/22		0	(c)		56
8.50%, 09/15/22		0	(c)		47
8.50%, 12/15/22		0	(c)		473
8.50%, 05/15/23		0	(c)		118
8.50%, 08/15/24		0	(c)		278
8.50%, 09/15/24		0	(c)		202
8.50%, 10/15/24		0	(c)		48
8.50%, 03/15/25		1			896
8.50%, 04/15/25		0	(c)		185
8.50%, 09/15/26		0	(c)		381
8.50%, 01/15/27		0	(c)		93
8.50%, 07/15/27		0	(c)		277
8.50%, 08/15/27		1			783
8.50%, 02/15/30		1			1,239
8.50%, 06/15/30		0	(c)		56
8.50%, 07/15/30		0	(c)		499
8.50%, 08/15/30		0	(c)		324
8.50%, 04/15/31		0	(c)		93
9.00%, 12/15/21		0	(c)		5
9.00%, 08/15/24		0	(c)		189
9.00%, 10/15/24		0	(c)		132
9.00%, 11/15/24		0	(c)		132
9.00%, 03/15/25		1			581
9.00%, 05/15/25		0	(c)		197
9.50%, 08/15/21		0	(c)		1
9.50%, 11/15/21		0	(c)		1
9.50%, 08/15/22		0	(c)		3
9.50%, 12/15/24		0	(c)		218
9.50%, 01/15/25		0	(c)		152
9.50%, 02/15/25		0	(c)		413
9.50%, 06/15/25		0	(c)		66
Uniform Mortgage-Backed Securities
2.00%, 05/01/26		584			608,184
2.00%, 08/01/28		338			351,371
2.00%, 11/01/28		64			66,607
2.00%, 01/01/29		9			9,821
2.00%, 05/01/29		459			479,573
2.00%, 01/01/30		76			78,874
2.00%, 04/01/30		97			100,999
2.00%, 11/01/31		539			561,638
2.00%, 01/01/32		162			168,720
2.00%, 02/01/32		60			62,871
2.00%, 03/01/32		519			540,287
2.00%, 04/01/32		131			136,259
2.00%, 07/01/32		32			33,672
2.00%, 11/01/32		14			14,721
2.00%, 06/01/35		2,463			2,565,017
2.50%, 07/01/22		352			365,754
2.50%, 05/01/23		263			272,642
2.50%, 03/01/25		365			379,763
2.50%, 11/01/26		21			22,046
2.50%, 03/01/27		838			873,359
2.50%, 05/01/27		4,532			4,727,442
2.50%, 07/01/27		58			60,038
2.50%, 09/01/27		1,418			1,474,302
2.50%, 10/01/27		4,621			4,820,451

Security	Par (000)		Value
Mortgage-Backed Securities (continued)
2.50%, 11/01/27	$	1,759	$	1,831,053
2.50%, 12/01/27		791		822,759
2.50%, 01/01/28		4,001		4,163,362
2.50%, 02/01/28		2,597		2,716,397
2.50%, 03/01/28		6,270		6,550,099
2.50%, 04/01/28		4,339		4,520,613
2.50%, 05/01/28		1,359		1,417,552
2.50%, 06/01/28		3,358		3,498,477
2.50%, 07/01/28		1,267		1,319,507
2.50%, 08/01/28		873		910,938
2.50%, 09/01/28		4,930		5,149,565
2.50%, 10/01/28		506		527,376
2.50%, 12/01/28		230		240,562
2.50%, 05/01/29		28		29,331
2.50%, 06/01/29		514		535,719
2.50%, 09/01/29		421		439,635
2.50%, 11/01/29		28		29,051
2.50%, 12/01/29		2,352		2,448,248
2.50%, 01/01/30		4,301		4,503,509
2.50%, 02/01/30		5,772		6,114,708
2.50%, 03/01/30		19		20,259
2.50%, 04/01/30		2,851		2,981,353
2.50%, 05/01/30		25,673		26,937,435
2.50%, 06/01/30		57,332		59,989,794
2.50%, 07/01/30		20,675		21,625,573
2.50%, 08/01/30		10,773		11,232,435
2.50%, 09/01/30		2,756		2,883,366
2.50%, 10/01/30		1,140		1,192,591
2.50%, 11/01/30		760		798,841
2.50%, 12/01/30		2,220		2,321,994
2.50%, 01/01/31		90		94,294
2.50%, 02/01/31		1,527		1,591,909
2.50%, 03/01/31		5,208		5,440,185
2.50%, 04/01/31		4,937		5,184,805
2.50%, 05/01/31		5,957		6,216,152
2.50%, 06/01/31		1,180		1,249,975
2.50%, 07/01/31		5,827		6,080,246
2.50%, 08/01/31		745		785,333
2.50%, 09/01/31		4,693		4,913,593
2.50%, 10/01/31		23,875		24,895,068
2.50%, 11/01/31		15,643		16,469,517
2.50%, 12/01/31		7,513		7,838,939
2.50%, 01/01/32		21,089		22,195,407
2.50%, 02/01/32		15,370		16,216,657
2.50%, 03/01/32		8,668		9,041,786
2.50%, 04/01/32		20,891		22,062,791
2.50%, 05/01/32		28,979		30,244,470
2.50%, 06/01/32		2,823		2,946,159
2.50%, 07/01/32		18,025		19,131,899
2.50%, 08/01/32		33		34,307
2.50%, 09/01/32		1,842		1,941,121
2.50%, 10/01/32		5,210		5,455,676
2.50%, 11/01/32		3,881		4,043,186
2.50%, 12/01/32		6,611		6,888,951
2.50%, 01/01/33		45,322		47,375,993
2.50%, 02/01/33		2,293		2,404,169
2.50%, 04/01/33		1,279		1,348,526
2.50%, 06/01/34		1,137		1,181,779
2.50%, 07/01/34		280		291,132
2.50%, 08/01/34		566		588,156

22

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
2.50%, 09/01/34	$	7,749		$	8,183,147
2.50%, 10/01/34		15,252			16,139,274
2.50%, 11/01/34		14,854			15,770,687
2.50%, 12/01/34		8,010			8,507,301
2.50%, 01/01/35		17,352			18,341,644
2.50%, 05/01/35		1,234			1,303,153
2.50%, 07/01/35		30,306			32,219,528
2.50%, 08/01/35		4,846			5,114,898
2.50%, 10/01/35		15,975			16,900,169
2.50%, 12/16/35(a)		112,273			116,750,763
2.50%, 10/01/42		631			671,725
2.50%, 11/01/42		350			373,034
2.50%, 12/01/42		42			45,304
2.50%, 01/01/43		1,547			1,646,963
2.50%, 02/01/43		2,300			2,448,948
2.50%, 03/01/43		1,595			1,693,963
2.50%, 04/01/43		7,781			8,265,742
2.50%, 06/01/43		4,164			4,423,884
2.50%, 07/01/43		51			54,061
2.50%, 08/01/43		555			589,958
2.50%, 04/01/45		382			401,700
2.50%, 05/01/45		635			667,084
2.50%, 07/01/45		77			80,851
2.50%, 03/01/46		3,494			3,669,525
2.50%, 05/01/46		86			90,109
2.50%, 07/01/46		157			164,761
2.50%, 08/01/46		910			954,879
2.50%, 09/01/46		398			417,555
2.50%, 10/01/46		257			269,935
2.50%, 11/01/46		12			12,160
2.50%, 12/01/46		449			470,945
2.50%, 01/01/47		56			58,723
2.50%, 02/01/47		3,657			3,838,520
2.50%, 04/01/47		6,058			6,358,805
2.50%, 07/01/49		10,856			11,408,542
2.50%, 10/01/49		1,641			1,716,003
2.50%, 01/01/50		14,692			15,366,365
2.50%, 04/01/50		3,369			3,564,826
2.50%, 06/01/50		32,201			34,147,281
2.50%, 07/01/50		39,137			41,966,313
2.50%, 08/01/50		60,589			64,299,757
2.50%, 09/01/50		234,717			248,733,095
2.50%, 10/01/50		465,336			488,693,684
2.50%, 11/01/50		194,099			205,060,034
2.50%, 12/14/50(a)		905,312			948,602,128
3.00%, 12/01/20		0	(c)		287
3.00%, 03/01/21		0	(c)		158
3.00%, 04/01/21		0	(c)		181
3.00%, 05/01/21		0	(c)		352
3.00%, 08/01/21		20			20,536
3.00%, 09/01/21		2			2,177
3.00%, 10/01/21		10			9,734
3.00%, 02/01/22		2			2,163
3.00%, 03/01/22		1			1,017
3.00%, 07/01/22		38			37,783
3.00%, 09/01/22		3			2,727
3.00%, 12/01/22		9			9,045
3.00%, 11/01/25		40			41,820
3.00%, 12/01/25		48			49,804
3.00%, 01/01/26		563			590,336

Security	Par (000)		Value
Mortgage-Backed Securities (continued)
3.00%, 02/01/26	$	740	$	775,053
3.00%, 07/01/26		12		12,431
3.00%, 09/01/26		69		73,015
3.00%, 10/01/26		19		19,888
3.00%, 11/01/26		2,104		2,208,849
3.00%, 12/01/26		3,903		4,093,278
3.00%, 01/01/27		3,420		3,582,450
3.00%, 02/01/27		85		89,041
3.00%, 03/01/27		308		323,600
3.00%, 04/01/27		128		133,744
3.00%, 06/01/27		1,542		1,618,969
3.00%, 07/01/27		2,839		2,982,173
3.00%, 08/01/27		5,121		5,377,323
3.00%, 09/01/27		6		6,035
3.00%, 10/01/27		793		832,837
3.00%, 11/01/27		6,976		7,326,981
3.00%, 01/01/28		2,472		2,597,767
3.00%, 03/01/28		465		489,047
3.00%, 04/01/28		1,054		1,107,128
3.00%, 05/01/28		874		921,853
3.00%, 08/01/28		3,149		3,307,159
3.00%, 09/01/28		466		491,711
3.00%, 11/01/28		4,519		4,747,744
3.00%, 12/01/28		76		80,433
3.00%, 01/01/29		1,524		1,598,137
3.00%, 02/01/29		839		885,721
3.00%, 03/01/29		835		881,132
3.00%, 04/01/29		7,845		8,303,946
3.00%, 05/01/29		464		489,524
3.00%, 06/01/29		25		26,600
3.00%, 07/01/29		1,295		1,369,957
3.00%, 08/01/29		2,223		2,346,875
3.00%, 09/01/29		682		719,799
3.00%, 10/01/29		5,352		5,645,010
3.00%, 11/01/29		7,378		7,804,575
3.00%, 12/01/29		624		657,779
3.00%, 01/01/30		891		938,922
3.00%, 02/01/30		4,898		5,207,639
3.00%, 03/01/30		55,218		58,007,986
3.00%, 04/01/30		10,559		11,139,160
3.00%, 05/01/30		7,604		8,031,855
3.00%, 06/01/30		3,810		4,030,063
3.00%, 07/01/30		9,521		10,051,112
3.00%, 08/01/30		1,072		1,138,014
3.00%, 09/01/30		4,995		5,267,262
3.00%, 10/01/30		4,724		5,001,710
3.00%, 11/01/30		2,124		2,271,160
3.00%, 01/01/31		7,853		8,316,741
3.00%, 02/01/31		9,878		10,503,171
3.00%, 03/01/31		18,174		19,258,349
3.00%, 04/01/31		957		1,020,543
3.00%, 05/01/31		17,646		18,647,583
3.00%, 06/01/31		8,226		8,736,877
3.00%, 07/01/31		1,290		1,359,011
3.00%, 08/01/31		252		269,474
3.00%, 09/01/31		10,807		11,426,272
3.00%, 12/01/31		5,791		6,122,508
3.00%, 01/01/32		11,733		12,452,281
3.00%, 02/01/32		18,917		20,216,601
3.00%, 03/01/32		7,287		7,765,847

23

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)		Value
Mortgage-Backed Securities (continued)
3.00%, 04/01/32	$	5,981	$	6,374,392
3.00%, 05/01/32		2,271		2,416,089
3.00%, 06/01/32		11,024		11,632,065
3.00%, 07/01/32		3,526		3,762,648
3.00%, 08/01/32		4,881		5,223,242
3.00%, 09/01/32		20,800		22,042,205
3.00%, 10/01/32		1,107		1,181,843
3.00%, 11/01/32		7,574		8,135,896
3.00%, 12/01/32		31,956		33,893,396
3.00%, 01/01/33		986		1,059,989
3.00%, 02/01/33		6,982		7,453,883
3.00%, 03/01/33		3,509		3,718,485
3.00%, 04/01/33		1,596		1,694,219
3.00%, 05/01/33		5,261		5,529,785
3.00%, 06/01/33		753		791,088
3.00%, 10/01/33		11,732		12,300,382
3.00%, 02/01/34		10,737		11,309,991
3.00%, 05/01/34		1,718		1,835,963
3.00%, 06/01/34		6,460		6,899,907
3.00%, 07/01/34		12,475		13,300,976
3.00%, 08/01/34		5,316		5,696,857
3.00%, 09/01/34		5,937		6,392,132
3.00%, 10/01/34		7,927		8,450,336
3.00%, 11/01/34		11,043		11,775,488
3.00%, 12/01/34		4,594		4,936,193
3.00%, 01/01/35		8,763		9,369,235
3.00%, 02/01/35		6,126		6,405,760
3.00%, 03/01/35		5,078		5,456,481
3.00%, 04/01/35		1,963		2,120,164
3.00%, 12/01/35		27,308		28,960,091
3.00%, 12/16/35(a)		68,371		71,579,829
3.00%, 12/01/36		5,149		5,430,729
3.00%, 01/01/37		11,417		12,040,177
3.00%, 02/01/37		12,844		13,545,296
3.00%, 05/01/41		997		1,049,403
3.00%, 04/01/42		48		51,657
3.00%, 08/01/42		1,366		1,462,046
3.00%, 09/01/42		6,168		6,573,362
3.00%, 10/01/42		6,817		7,299,984
3.00%, 11/01/42		27,738		29,558,217
3.00%, 12/01/42		52,998		56,536,518
3.00%, 01/01/43		25,124		26,775,419
3.00%, 02/01/43		7,143		7,708,348
3.00%, 03/01/43		20,832		22,109,145
3.00%, 04/01/43		15,707		16,915,007
3.00%, 05/01/43		22,470		23,970,149
3.00%, 06/01/43		7,435		7,952,704
3.00%, 07/01/43		2,686		2,859,969
3.00%, 08/01/43		20,556		21,897,979
3.00%, 09/01/43		31,028		33,024,300
3.00%, 10/01/43		992		1,056,777
3.00%, 11/01/43		69		72,989
3.00%, 12/01/43		1,132		1,205,161
3.00%, 01/01/44		24,249		25,810,146
3.00%, 02/01/44		20,263		21,885,581
3.00%, 07/01/44		79,466		84,582,910
3.00%, 10/01/44		57,326		61,016,526
3.00%, 11/01/44		5,525		5,906,507
3.00%, 12/01/44		219		232,084
3.00%, 01/01/45		7,578		8,065,715

Security	Par (000)		Value
Mortgage-Backed Securities (continued)
3.00%, 02/01/45	$	4,824	$	5,104,827
3.00%, 03/01/45		2,021		2,147,557
3.00%, 04/01/45		4,569		4,909,619
3.00%, 05/01/45		33,557		35,600,051
3.00%, 06/01/45		67		70,814
3.00%, 07/01/45		7,004		7,617,270
3.00%, 08/01/45		10,581		11,340,191
3.00%, 09/01/45		1,747		1,844,809
3.00%, 10/01/45		717		773,818
3.00%, 12/01/45		1,729		1,826,119
3.00%, 01/01/46		9,464		9,993,122
3.00%, 02/01/46		3,240		3,420,585
3.00%, 03/01/46		1,673		1,764,756
3.00%, 04/01/46		7,648		8,065,687
3.00%, 05/01/46		5,050		5,336,787
3.00%, 06/01/46		4,171		4,446,150
3.00%, 07/01/46		153,176		161,797,627
3.00%, 08/01/46		25,676		27,201,270
3.00%, 09/01/46		4,334		4,644,564
3.00%, 10/01/46		76,585		80,912,709
3.00%, 11/01/46		75,832		80,248,989
3.00%, 12/01/46		181,532		191,327,389
3.00%, 01/01/47		91,116		96,609,155
3.00%, 02/01/47		97,754		105,029,342
3.00%, 03/01/47		36,169		38,314,594
3.00%, 04/01/47		39,362		41,626,860
3.00%, 05/01/47		1,660		1,737,246
3.00%, 07/01/47		28,912		30,427,817
3.00%, 08/01/47		2,177		2,291,378
3.00%, 10/01/47		569		615,608
3.00%, 11/01/47		379		405,478
3.00%, 12/01/47		38,233		40,306,556
3.00%, 01/01/48		575		615,301
3.00%, 03/01/48		17,352		18,362,441
3.00%, 04/01/48		62		64,677
3.00%, 05/01/48		420		439,204
3.00%, 11/01/48		36,701		38,405,866
3.00%, 02/01/49		518		545,577
3.00%, 04/01/49		10,015		10,669,532
3.00%, 05/01/49		21,867		23,333,368
3.00%, 06/01/49		5,863		6,202,236
3.00%, 07/01/49		5,340		5,671,502
3.00%, 08/01/49		18,158		19,322,959
3.00%, 09/01/49		12,986		13,760,586
3.00%, 10/01/49		61,832		65,504,387
3.00%, 11/01/49		36,754		38,947,319
3.00%, 12/01/49		173,663		181,847,816
3.00%, 01/01/50		37,492		40,123,621
3.00%, 02/01/50		101,652		107,197,834
3.00%, 03/01/50		59,450		62,924,507
3.00%, 04/01/50		64,269		68,069,380
3.00%, 05/01/50		25,563		27,371,968
3.00%, 06/01/50		5,476		5,946,442
3.00%, 07/01/50		119,517		127,297,534
3.00%, 08/01/50		134,265		140,992,770
3.00%, 09/01/50		46,683		48,863,068
3.00%, 12/14/50(a)		182,911		191,077,641
3.50%, 03/01/23		3		3,612
3.50%, 08/01/25		66		69,326
3.50%, 09/01/25		629		665,721

24

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)		Value
Mortgage-Backed Securities (continued)
3.50%, 10/01/25	$	387	$	409,736
3.50%, 11/01/25		109		116,314
3.50%, 12/01/25		1,594		1,690,380
3.50%, 01/01/26		216		228,840
3.50%, 02/01/26		153		161,795
3.50%, 03/01/26		127		134,235
3.50%, 04/01/26		486		514,766
3.50%, 05/01/26		93		99,018
3.50%, 06/01/26		81		86,601
3.50%, 07/01/26		4		3,957
3.50%, 08/01/26		207		220,378
3.50%, 09/01/26		9,117		9,669,185
3.50%, 10/01/26		187		198,210
3.50%, 12/01/26		76		80,391
3.50%, 01/01/27		530		562,059
3.50%, 02/01/27		35		37,027
3.50%, 03/01/27		749		796,178
3.50%, 04/01/27		1,306		1,385,305
3.50%, 07/01/27		708		751,850
3.50%, 01/01/28		667		708,691
3.50%, 07/01/28		1,178		1,251,305
3.50%, 10/01/28		654		700,976
3.50%, 11/01/28		169		181,233
3.50%, 12/01/28		295		315,330
3.50%, 01/01/29		402		430,828
3.50%, 03/01/29		682		732,076
3.50%, 05/01/29		174		186,751
3.50%, 07/01/29		20		21,429
3.50%, 08/01/29		86		91,352
3.50%, 09/01/29		426		457,211
3.50%, 10/01/29		32		34,625
3.50%, 11/01/29		3,819		4,100,228
3.50%, 12/01/29		2,176		2,334,345
3.50%, 04/01/30		412		441,831
3.50%, 08/01/30		414		444,143
3.50%, 11/01/30		701		750,595
3.50%, 02/01/31		61		65,800
3.50%, 03/01/31		2,767		2,948,687
3.50%, 04/01/31		815		886,314
3.50%, 05/01/31		362		391,130
3.50%, 06/01/31		10,857		11,732,313
3.50%, 07/01/31		4,192		4,545,246
3.50%, 08/01/31		2,050		2,230,853
3.50%, 09/01/31		366		394,971
3.50%, 12/01/31		1,838		1,990,077
3.50%, 01/01/32		7,371		7,991,496
3.50%, 02/01/32		1,765		1,911,426
3.50%, 03/01/32		1,304		1,416,941
3.50%, 04/01/32		5,758		6,223,690
3.50%, 05/01/32		7,583		8,231,588
3.50%, 06/01/32		2,518		2,747,985
3.50%, 07/01/32		4,648		5,025,535
3.50%, 08/01/32		2,172		2,376,151
3.50%, 09/01/32		1,055		1,130,326
3.50%, 11/01/32		7,619		8,265,713
3.50%, 12/01/32		964		1,046,505
3.50%, 01/01/33		1,660		1,789,363
3.50%, 02/01/33		3,457		3,762,435
3.50%, 03/01/33		9,957		10,766,582
3.50%, 04/01/33		1,031		1,127,831

Security	Par (000)		Value
Mortgage-Backed Securities (continued)
3.50%, 05/01/33	$	1,140	$	1,238,385
3.50%, 09/01/33		3,916		4,237,605
3.50%, 10/01/33		616		673,205
3.50%, 11/01/33		700		745,573
3.50%, 01/01/34		7,011		7,549,243
3.50%, 02/01/34		3,459		3,742,098
3.50%, 03/01/34		10,920		11,718,164
3.50%, 04/01/34		17,703		19,127,636
3.50%, 05/01/34		10,534		11,470,414
3.50%, 06/01/34		3,517		3,835,241
3.50%, 07/01/34		18,026		19,305,052
3.50%, 08/01/34		894		964,316
3.50%, 09/01/34		798		865,131
3.50%, 10/01/34		3,272		3,539,765
3.50%, 11/01/34		5,849		6,373,035
3.50%, 12/01/34		5,781		6,271,239
3.50%, 02/01/35		1,031		1,112,871
3.50%, 04/01/35		1,479		1,578,943
3.50%, 05/01/35		2,146		2,275,930
3.50%, 06/01/35		13,720		15,084,073
3.50%, 01/01/38		7,745		8,241,973
3.50%, 02/01/38		4,609		4,904,931
3.50%, 10/01/40		37		40,247
3.50%, 11/01/40		447		483,344
3.50%, 12/01/40		1,284		1,388,678
3.50%, 01/01/41		110		118,818
3.50%, 02/01/41		32		34,702
3.50%, 03/01/41		77		82,774
3.50%, 06/01/41		37		39,098
3.50%, 09/01/41		1,430		1,552,168
3.50%, 10/01/41		22		24,198
3.50%, 11/01/41		299		324,206
3.50%, 12/01/41		579		628,341
3.50%, 01/01/42		488		529,042
3.50%, 02/01/42		1,943		2,108,105
3.50%, 03/01/42		24,922		26,977,153
3.50%, 04/01/42		685		741,345
3.50%, 05/01/42		4,855		5,275,509
3.50%, 06/01/42		430		466,140
3.50%, 07/01/42		2,263		2,450,615
3.50%, 08/01/42		28,392		30,747,592
3.50%, 09/01/42		8,521		9,251,305
3.50%, 10/01/42		25,604		27,716,910
3.50%, 11/01/42		2,423		2,627,366
3.50%, 12/01/42		18,280		19,750,740
3.50%, 01/01/43		1,277		1,384,337
3.50%, 04/01/43		1,189		1,299,645
3.50%, 05/01/43		6,497		7,048,694
3.50%, 06/01/43		14,411		15,603,257
3.50%, 07/01/43		2,994		3,273,766
3.50%, 08/01/43		652		705,173
3.50%, 09/01/43		392		424,442
3.50%, 11/01/43		412		445,733
3.50%, 01/01/44		626		677,448
3.50%, 02/01/44		765		828,195
3.50%, 04/01/44		12,217		13,542,476
3.50%, 05/01/44		47		50,867
3.50%, 06/01/44		44		46,714
3.50%, 09/01/44		2,932		3,198,712
3.50%, 10/01/44		10,296		11,214,393

25

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)		Value
Mortgage-Backed Securities (continued)
3.50%, 11/01/44	$	1,273	$	1,381,833
3.50%, 12/01/44		1,767		1,932,382
3.50%, 01/01/45		677		740,499
3.50%, 02/01/45		21,724		23,579,936
3.50%, 03/01/45		3,718		4,069,780
3.50%, 04/01/45		3,601		3,936,995
3.50%, 05/01/45		2,053		2,196,794
3.50%, 06/01/45		6,309		6,837,166
3.50%, 07/01/45		17,061		18,508,381
3.50%, 08/01/45		20,949		22,660,195
3.50%, 09/01/45		58,044		62,890,528
3.50%, 10/01/45		9,656		10,517,626
3.50%, 11/01/45		4,072		4,357,779
3.50%, 12/01/45		13,075		13,992,599
3.50%, 01/01/46		30,649		33,573,315
3.50%, 02/01/46		75,852		81,177,972
3.50%, 03/01/46		23,415		24,947,923
3.50%, 04/01/46		22,706		24,904,503
3.50%, 05/01/46		9,504		10,172,013
3.50%, 06/01/46		20,062		21,357,380
3.50%, 07/01/46		68,949		74,039,110
3.50%, 08/01/46		6,839		7,411,745
3.50%, 09/01/46		16,982		18,599,254
3.50%, 10/01/46		36,334		38,994,690
3.50%, 11/01/46		33,682		36,560,039
3.50%, 12/01/46		98,260		106,470,573
3.50%, 01/01/47		68,229		73,009,796
3.50%, 02/01/47		34,574		37,026,548
3.50%, 03/01/47		2,963		3,272,561
3.50%, 04/01/47		19,568		20,998,882
3.50%, 05/01/47		34,239		37,342,960
3.50%, 06/01/47		26,955		28,892,378
3.50%, 07/01/47		33,185		35,890,683
3.50%, 08/01/47		100,277		107,508,998
3.50%, 09/01/47		10,606		11,345,269
3.50%, 10/01/47		8,223		8,819,755
3.50%, 11/01/47		61,371		65,486,207
3.50%, 12/01/47		31,615		33,999,001
3.50%, 01/01/48		104,820		111,837,285
3.50%, 02/01/48		95,002		101,408,129
3.50%, 03/01/48		47,894		51,284,054
3.50%, 04/01/48		19,634		20,947,146
3.50%, 05/01/48		1,121		1,184,192
3.50%, 06/01/48		20,452		22,082,138
3.50%, 07/01/48		31,980		33,939,036
3.50%, 08/01/48		910		967,215
3.50%, 09/01/48		3,751		4,075,387
3.50%, 10/01/48		4,443		4,705,450
3.50%, 11/01/48		76,878		82,673,794
3.50%, 01/01/49		36,805		38,886,965
3.50%, 02/01/49		2,109		2,256,031
3.50%, 03/01/49		6,627		7,149,498
3.50%, 04/01/49		9,724		10,588,657
3.50%, 05/01/49		46,020		49,623,905
3.50%, 06/01/49		27,833		30,262,180
3.50%, 07/01/49		65,781		70,354,638
3.50%, 08/01/49		6,861		7,433,286
3.50%, 09/01/49		22,054		23,844,726
3.50%, 10/01/49		8,717		9,323,725
3.50%, 11/01/49		4,106		4,489,255

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
3.50%, 12/01/49	$	5,517		$	6,032,680
3.50%, 01/01/50		37,572			40,408,429
3.50%, 02/01/50		6,399			6,954,149
3.50%, 06/01/50		40,167			43,850,964
3.50%, 12/14/50(a)		87,098			91,867,628
4.00%, 12/01/20		0	(c)		3
4.00%, 02/01/21		0	(c)		10
4.00%, 04/01/21		0	(c)		31
4.00%, 02/01/22		2			2,259
4.00%, 03/01/22		9			9,240
4.00%, 03/01/22		0	(c)		50
4.00%, 04/01/23		5			4,768
4.00%, 02/01/24		5			5,593
4.00%, 03/01/24		476			505,183
4.00%, 04/01/24		236			249,972
4.00%, 05/01/24		12			13,666
4.00%, 06/01/24		32			33,135
4.00%, 07/01/24		97			102,860
4.00%, 08/01/24		11			11,016
4.00%, 09/01/24		23			24,896
4.00%, 10/01/24		35			36,744
4.00%, 11/01/24		6			6,287
4.00%, 12/01/24		34			36,511
4.00%, 01/01/25		11			11,484
4.00%, 02/01/25		22			22,970
4.00%, 03/01/25		47			50,105
4.00%, 04/01/25		48			51,608
4.00%, 05/01/25		82			87,460
4.00%, 06/01/25		12			13,246
4.00%, 07/01/25		161			171,584
4.00%, 08/01/25		12			12,806
4.00%, 09/01/25		1,051			1,116,431
4.00%, 10/01/25		1,366			1,451,544
4.00%, 11/01/25		668			708,447
4.00%, 12/01/25		17			18,168
4.00%, 01/01/26		44			47,006
4.00%, 03/01/26		731			776,479
4.00%, 05/01/26		23			24,222
4.00%, 06/01/26		3,331			3,539,797
4.00%, 07/01/26		199			211,159
4.00%, 08/01/26		31			32,814
4.00%, 09/01/26		1,218			1,294,477
4.00%, 03/01/27		1,132			1,204,876
4.00%, 08/01/27		349			370,664
4.00%, 02/01/29		426			452,363
4.00%, 12/01/30		1,240			1,347,000
4.00%, 01/01/31		789			856,965
4.00%, 02/01/31		590			640,357
4.00%, 10/01/31		1,847			2,005,709
4.00%, 02/01/32		4,368			4,743,291
4.00%, 04/01/32		18			19,162
4.00%, 06/01/32		19			20,002
4.00%, 07/01/32		1,695			1,814,691
4.00%, 05/01/33		317			336,659
4.00%, 07/01/33		310			328,602
4.00%, 08/01/33		2,164			2,367,009
4.00%, 10/01/33		729			801,178
4.00%, 12/01/33		4,893			5,198,803
4.00%, 01/01/34		1,216			1,290,536
4.00%, 05/01/34		692			750,668

26

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)		Value
Mortgage-Backed Securities (continued)
4.00%, 07/01/34	$	945	$	1,024,911
4.00%, 10/01/34		1,034		1,132,961
4.00%, 12/16/35(a)		189		200,009
4.00%, 01/01/36		23		24,601
4.00%, 10/01/37		38,954		41,919,289
4.00%, 06/01/38		815		870,639
4.00%, 03/01/39		29		32,577
4.00%, 04/01/39		64		69,992
4.00%, 05/01/39		668		737,751
4.00%, 07/01/39		35		38,542
4.00%, 08/01/39		580		640,242
4.00%, 09/01/39		56		62,248
4.00%, 10/01/39		5		4,955
4.00%, 11/01/39		197		217,433
4.00%, 12/01/39		8		8,595
4.00%, 02/01/40		32		35,673
4.00%, 05/01/40		28		30,952
4.00%, 07/01/40		79		87,219
4.00%, 08/01/40		1,815		2,001,585
4.00%, 09/01/40		36		39,794
4.00%, 10/01/40		778		854,978
4.00%, 11/01/40		266		293,798
4.00%, 12/01/40		2,981		3,291,687
4.00%, 01/01/41		4,759		5,249,684
4.00%, 02/01/41		1,878		2,073,554
4.00%, 03/01/41		392		432,385
4.00%, 04/01/41		61		66,244
4.00%, 05/01/41		664		732,565
4.00%, 08/01/41		6		6,195
4.00%, 09/01/41		410		451,738
4.00%, 10/01/41		766		844,507
4.00%, 11/01/41		280		308,275
4.00%, 12/01/41		1,615		1,780,757
4.00%, 01/01/42		2,355		2,595,591
4.00%, 02/01/42		363		404,270
4.00%, 03/01/42		11,204		12,349,525
4.00%, 05/01/42		1,773		1,956,197
4.00%, 06/01/42		70		77,474
4.00%, 07/01/42		667		742,150
4.00%, 08/01/42		5		5,295
4.00%, 09/01/42		10		10,474
4.00%, 12/01/42		420		471,796
4.00%, 01/01/43		16		17,758
4.00%, 08/01/43		56		61,288
4.00%, 09/01/43		1,957		2,192,147
4.00%, 10/01/43		325		358,554
4.00%, 12/01/43		12		13,252
4.00%, 01/01/44		108		118,833
4.00%, 02/01/44		23		24,535
4.00%, 03/01/44		2,181		2,450,358
4.00%, 04/01/44		2,320		2,569,219
4.00%, 05/01/44		7,688		8,563,393
4.00%, 06/01/44		4,775		5,270,884
4.00%, 07/01/44		12,729		14,370,245
4.00%, 08/01/44		356		387,596
4.00%, 09/01/44		407		444,463
4.00%, 10/01/44		5,259		5,778,506
4.00%, 11/01/44		4,284		4,678,122
4.00%, 12/01/44		4,261		4,675,178
4.00%, 01/01/45		18,631		20,505,738

Security	Par (000)		Value
Mortgage-Backed Securities (continued)
4.00%, 02/01/45	$	11,554	$	12,800,550
4.00%, 03/01/45		10,204		11,258,686
4.00%, 04/01/45		1,306		1,422,216
4.00%, 06/01/45		12,310		13,561,436
4.00%, 07/01/45		25,979		28,689,604
4.00%, 08/01/45		831		912,979
4.00%, 09/01/45		29,065		31,670,794
4.00%, 10/01/45		6,408		7,069,556
4.00%, 11/01/45		6,393		7,032,146
4.00%, 12/01/45		1,372		1,496,569
4.00%, 01/01/46		4,146		4,523,324
4.00%, 02/01/46		7,582		8,391,030
4.00%, 03/01/46		13,253		14,466,214
4.00%, 04/01/46		11,205		12,191,293
4.00%, 05/01/46		19,380		21,182,201
4.00%, 06/01/46		26,948		30,022,274
4.00%, 07/01/46		3,114		3,405,149
4.00%, 08/01/46		19,966		21,915,897
4.00%, 09/01/46		18,115		20,076,259
4.00%, 10/01/46		5,931		6,546,285
4.00%, 11/01/46		15,462		17,190,494
4.00%, 01/01/47		6,552		7,158,403
4.00%, 02/01/47		7,884		8,587,451
4.00%, 03/01/47		18,562		20,394,236
4.00%, 04/01/47		20,778		22,755,149
4.00%, 05/01/47		15,162		16,746,527
4.00%, 06/01/47		38,724		42,525,374
4.00%, 07/01/47		16,814		18,396,298
4.00%, 08/01/47		73,407		79,509,881
4.00%, 09/01/47		64,286		70,097,320
4.00%, 10/01/47		43,085		46,407,051
4.00%, 11/01/47		32,741		35,447,675
4.00%, 12/01/47		17,318		18,884,395
4.00%, 01/01/48		20,641		22,254,246
4.00%, 02/01/48		83,984		90,845,435
4.00%, 03/01/48		7,258		7,866,774
4.00%, 04/01/48		55,113		59,502,907
4.00%, 05/01/48		22,140		23,798,587
4.00%, 06/01/48		22,026		23,933,778
4.00%, 07/01/48		38,987		42,331,061
4.00%, 08/01/48		24,847		26,929,330
4.00%, 09/01/48		23,951		25,684,825
4.00%, 10/01/48		5,320		5,777,636
4.00%, 11/01/48		20,410		21,990,341
4.00%, 12/01/48		27,009		29,138,700
4.00%, 01/01/49		43,607		47,296,906
4.00%, 02/01/49		21,434		23,210,031
4.00%, 03/01/49		42,378		45,925,944
4.00%, 04/01/49		39,112		42,613,314
4.00%, 05/01/49		39,707		43,247,536
4.00%, 06/01/49		28,220		30,651,905
4.00%, 07/01/49		54,385		61,076,620
4.00%, 08/01/49		13,492		14,538,988
4.00%, 09/01/49		9,123		9,931,225
4.00%, 12/01/49		1,156		1,284,039
4.00%, 01/01/50		28,367		31,016,444
4.00%, 02/01/50		1,505		1,634,555
4.00%, 03/01/50		2,534		2,733,907
4.00%, 04/01/50		1,861		2,048,038
4.00%, 05/01/50		51,633		55,777,660

27

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
4.00%, 12/14/50(a)	$	3,000		$	3,200,508
4.50%, 12/01/20		0	(c)		1
4.50%, 02/01/21		0	(c)		24
4.50%, 02/01/22		0	(c)		246
4.50%, 05/01/22		0	(c)		1
4.50%, 07/01/22		0	(c)		116
4.50%, 08/01/22		5			4,884
4.50%, 11/01/22		3			3,184
4.50%, 04/01/23		8			8,365
4.50%, 05/01/23		1			851
4.50%, 05/01/23		0	(c)		482
4.50%, 06/01/23		37			37,306
4.50%, 01/01/24		1			1,348
4.50%, 02/01/24		2			2,306
4.50%, 03/01/24		35			35,225
4.50%, 04/01/24		0	(c)		450
4.50%, 04/01/24		1			526
4.50%, 07/01/24		7			7,692
4.50%, 08/01/24		8			8,916
4.50%, 10/01/24		570			597,292
4.50%, 10/01/24		0	(c)		366
4.50%, 11/01/24		6			6,314
4.50%, 12/01/24		47			49,607
4.50%, 01/01/25		3			2,650
4.50%, 02/01/25		741			779,102
4.50%, 04/01/25		761			803,812
4.50%, 05/01/25		40			42,511
4.50%, 06/01/25		701			739,165
4.50%, 09/01/25		18			18,708
4.50%, 04/01/26		29			30,841
4.50%, 01/01/27		370			387,574
4.50%, 11/01/28		1			1,543
4.50%, 08/01/31		2,617			2,864,817
4.50%, 08/01/33		51			57,592
4.50%, 09/01/33		11			13,090
4.50%, 10/01/33		28			31,323
4.50%, 11/01/33		46			51,026
4.50%, 12/01/33		1,366			1,495,103
4.50%, 01/01/34		3,016			3,323,277
4.50%, 02/01/34		1,197			1,310,269
4.50%, 04/01/34		2			1,989
4.50%, 05/01/34		15			16,846
4.50%, 06/01/34		1,968			2,189,133
4.50%, 07/01/34		1			1,442
4.50%, 08/01/34		3,476			3,807,555
4.50%, 09/01/34		1,205			1,332,110
4.50%, 12/01/34		0	(c)		147
4.50%, 12/01/34		9			9,712
4.50%, 01/01/35		1			1,525
4.50%, 02/01/35		1			1,219
4.50%, 03/01/35		3			2,896
4.50%, 05/01/35		1			1,002
4.50%, 07/01/35		0	(c)		449
4.50%, 08/01/35		2			2,341
4.50%, 09/01/35		15			16,448
4.50%, 10/01/35		3			2,909
4.50%, 12/01/35		61			68,053
4.50%, 01/01/36		1			1,058
4.50%, 03/01/36		4			3,998
4.50%, 07/01/37		6			6,268

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
4.50%, 03/01/38	$	6		$	6,583
4.50%, 04/01/38		0	(c)		437
4.50%, 04/01/38		118			132,218
4.50%, 05/01/38		2			2,019
4.50%, 06/01/38		34			38,914
4.50%, 06/01/38		0	(c)		104
4.50%, 09/01/38		25,343			27,716,400
4.50%, 11/01/38		6			6,558
4.50%, 01/01/39		16			18,401
4.50%, 02/01/39		1,355			1,516,779
4.50%, 03/01/39		94			104,957
4.50%, 04/01/39		2,651			2,971,034
4.50%, 05/01/39		1,472			1,648,905
4.50%, 06/01/39		282			315,985
4.50%, 07/01/39		292			327,002
4.50%, 08/01/39		4,766			5,338,590
4.50%, 09/01/39		144			162,323
4.50%, 10/01/39		9,858			11,042,033
4.50%, 11/01/39		70			78,215
4.50%, 12/01/39		464			523,161
4.50%, 01/01/40		562			634,382
4.50%, 02/01/40		181			202,435
4.50%, 03/01/40		233			260,373
4.50%, 04/01/40		107			118,802
4.50%, 05/01/40		288			322,215
4.50%, 06/01/40		55			61,608
4.50%, 07/01/40		114			127,227
4.50%, 08/01/40		245			274,950
4.50%, 09/01/40		3,025			3,386,477
4.50%, 10/01/40		558			624,852
4.50%, 12/01/40		3,897			4,363,502
4.50%, 01/01/41		4,319			4,836,582
4.50%, 02/01/41		226			253,040
4.50%, 03/01/41		753			843,091
4.50%, 04/01/41		28,888			32,311,238
4.50%, 05/01/41		23,113			25,854,838
4.50%, 06/01/41		10,373			11,599,545
4.50%, 07/01/41		433			482,817
4.50%, 08/01/41		5,979			6,684,889
4.50%, 09/01/41		10,067			11,257,217
4.50%, 10/01/41		177			197,599
4.50%, 11/01/41		552			618,156
4.50%, 12/01/41		4,806			5,530,329
4.50%, 01/01/42		6,032			6,745,714
4.50%, 04/01/42		208			231,815
4.50%, 07/01/42		8			8,985
4.50%, 09/01/42		2,918			3,278,211
4.50%, 10/01/42		3,439			3,870,190
4.50%, 01/01/43		290			324,274
4.50%, 09/01/43		4,821			5,547,879
4.50%, 10/01/43		1,632			1,845,490
4.50%, 11/01/43		2,733			3,087,383
4.50%, 12/01/43		2,397			2,761,148
4.50%, 01/01/44		544			611,893
4.50%, 02/01/44		581			650,523
4.50%, 03/01/44		13,621			15,209,474
4.50%, 04/01/44		2,615			2,997,815
4.50%, 05/01/44		1,233			1,373,700
4.50%, 06/01/44		3,190			3,561,986
4.50%, 07/01/44		657			731,897

28

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)		Value
Mortgage-Backed Securities (continued)
4.50%, 08/01/44	$	1,879	$	2,100,184
4.50%, 09/01/44		124		137,389
4.50%, 10/01/44		443		493,280
4.50%, 11/01/44		294		327,595
4.50%, 12/01/44		14,399		16,415,951
4.50%, 01/01/45		1,577		1,798,333
4.50%, 02/01/45		15,484		17,284,343
4.50%, 04/01/45		5		5,399
4.50%, 05/01/45		18		20,614
4.50%, 08/01/45		4,122		4,601,828
4.50%, 09/01/45		714		795,752
4.50%, 10/01/45		2,426		2,766,492
4.50%, 11/01/45		967		1,080,259
4.50%, 12/01/45		448		502,202
4.50%, 01/01/46		268		300,155
4.50%, 02/01/46		15,100		16,984,262
4.50%, 03/01/46		42,584		47,708,770
4.50%, 04/01/46		9,478		10,833,210
4.50%, 05/01/46		2,908		3,306,258
4.50%, 06/01/46		2,173		2,479,280
4.50%, 07/01/46		1,637		1,865,168
4.50%, 08/01/46		14,854		16,520,233
4.50%, 09/01/46		565		623,818
4.50%, 10/01/46		1,721		1,903,861
4.50%, 11/01/46		184		203,483
4.50%, 12/01/46		1,123		1,243,537
4.50%, 01/01/47		2,340		2,590,065
4.50%, 02/01/47		654		721,686
4.50%, 03/01/47		2,345		2,596,196
4.50%, 04/01/47		7,692		8,522,889
4.50%, 05/01/47		2,552		2,871,242
4.50%, 06/01/47		9,316		10,279,002
4.50%, 07/01/47		2,375		2,644,784
4.50%, 08/01/47		2,608		2,885,505
4.50%, 09/01/47		2,914		3,229,918
4.50%, 10/01/47		14,121		15,639,395
4.50%, 11/01/47		4,439		4,941,464
4.50%, 12/01/47		1,517		1,682,380
4.50%, 01/01/48		4,530		4,970,861
4.50%, 02/01/48		7,867		8,728,025
4.50%, 03/01/48		1,179		1,318,401
4.50%, 04/01/48		11,313		12,420,085
4.50%, 05/01/48		10,916		11,953,497
4.50%, 06/01/48		4,801		5,314,952
4.50%, 07/01/48		9,259		10,165,999
4.50%, 08/01/48		43,142		47,777,815
4.50%, 09/01/48		16,810		18,482,150
4.50%, 10/01/48		30,162		32,809,249
4.50%, 11/01/48		14,851		16,469,869
4.50%, 12/01/48		25,670		28,137,667
4.50%, 01/01/49		47,577		52,203,510
4.50%, 02/01/49		23,704		26,369,361
4.50%, 03/01/49		11,363		12,424,831
4.50%, 04/01/49		12,222		13,426,766
4.50%, 05/01/49		11,835		12,854,936
4.50%, 07/01/49		21,742		23,632,413
4.50%, 08/01/49		9,737		10,595,924
4.50%, 09/01/49		5,984		6,505,062
4.50%, 10/01/49		5,449		5,922,153
4.50%, 11/01/49		2,731		2,957,807

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
4.50%, 12/01/49	$	22,381		$	25,501,937
4.50%, 01/01/50		65			70,456
4.50%, 02/01/50		1,072			1,221,277
4.50%, 05/01/50		4,599			5,001,805
5.00%, 08/01/21		0	(c)		482
5.00%, 10/01/21		0	(c)		7
5.00%, 11/01/21		0	(c)		4
5.00%, 03/01/22		2			1,969
5.00%, 01/01/23		1			600
5.00%, 02/01/23		3			2,603
5.00%, 05/01/23		1			562
5.00%, 06/01/23		4			3,421
5.00%, 07/01/23		553			574,892
5.00%, 07/01/23		0	(c)		268
5.00%, 08/01/23		1			992
5.00%, 09/01/23		0	(c)		264
5.00%, 09/01/23		13			13,650
5.00%, 10/01/23		1			622
5.00%, 11/01/23		1			1,391
5.00%, 12/01/23		176			179,998
5.00%, 01/01/24		5			5,381
5.00%, 02/01/24		4			3,544
5.00%, 12/01/24		8			7,832
5.00%, 05/01/25		8			8,285
5.00%, 09/01/25		10			10,126
5.00%, 09/01/30		15			17,165
5.00%, 11/01/32		4			4,024
5.00%, 03/01/33		3			3,195
5.00%, 04/01/33		1			918
5.00%, 05/01/33		36			41,238
5.00%, 06/01/33		5			5,270
5.00%, 07/01/33		155			177,797
5.00%, 08/01/33		126			141,943
5.00%, 09/01/33		74			85,020
5.00%, 10/01/33		1			1,359
5.00%, 11/01/33		2,532			2,895,658
5.00%, 02/01/34		5			5,741
5.00%, 03/01/34		39			44,481
5.00%, 04/01/34		36			41,182
5.00%, 05/01/34		88			100,461
5.00%, 05/01/34		0	(c)		350
5.00%, 06/01/34		1			1,276
5.00%, 07/01/34		109			124,826
5.00%, 08/01/34		40			45,364
5.00%, 09/01/34		7			8,039
5.00%, 10/01/34		20			22,706
5.00%, 12/01/34		488			560,314
5.00%, 01/01/35		180			206,080
5.00%, 02/01/35		1,403			1,619,268
5.00%, 03/01/35		74			85,050
5.00%, 04/01/35		19			22,152
5.00%, 05/01/35		13			14,635
5.00%, 06/01/35		141			161,860
5.00%, 07/01/35		158			179,463
5.00%, 08/01/35		74			86,446
5.00%, 08/01/35		0	(c)		49
5.00%, 09/01/35		263			302,057
5.00%, 10/01/35		65			74,360
5.00%, 11/01/35		725			824,132
5.00%, 12/01/35		14			16,094

29

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
5.00%, 01/01/36	$	28		$	31,605
5.00%, 02/01/36		14			16,380
5.00%, 03/01/36		910			1,042,314
5.00%, 04/01/36		0	(c)		446
5.00%, 04/01/36		1			924
5.00%, 05/01/36		705			808,175
5.00%, 05/01/36		0	(c)		60
5.00%, 06/01/36		60			68,842
5.00%, 07/01/36		39			44,995
5.00%, 08/01/36		1			1,415
5.00%, 11/01/36		4			4,812
5.00%, 12/01/36		3			3,250
5.00%, 02/01/37		25			28,637
5.00%, 03/01/37		15			17,018
5.00%, 04/01/37		4			4,000
5.00%, 05/01/37		22			24,929
5.00%, 06/01/37		10			11,826
5.00%, 07/01/37		709			811,200
5.00%, 01/01/38		10			11,896
5.00%, 02/01/38		1,085			1,244,184
5.00%, 03/01/38		66			75,988
5.00%, 04/01/38		146			166,232
5.00%, 04/01/38		0	(c)		385
5.00%, 05/01/38		33			37,103
5.00%, 06/01/38		6			6,320
5.00%, 07/01/38		78			88,443
5.00%, 11/01/38		0	(c)		420
5.00%, 12/01/38		5			5,432
5.00%, 01/01/39		345			393,435
5.00%, 02/01/39		47			54,710
5.00%, 03/01/39		799			911,610
5.00%, 04/01/39		6,154			7,073,755
5.00%, 05/01/39		1,858			2,119,312
5.00%, 06/01/39		1,280			1,462,251
5.00%, 07/01/39		47			53,976
5.00%, 08/01/39		547			624,479
5.00%, 09/01/39		1,178			1,343,791
5.00%, 10/01/39		705			795,563
5.00%, 11/01/39		122			138,760
5.00%, 12/01/39		970			1,113,850
5.00%, 01/01/40		184			212,829
5.00%, 02/01/40		88			101,959
5.00%, 03/01/40		354			404,998
5.00%, 04/01/40		1,659			1,888,727
5.00%, 05/01/40		15,293			17,410,864
5.00%, 06/01/40		431			489,751
5.00%, 07/01/40		2,216			2,522,481
5.00%, 08/01/40		9,360			10,770,155
5.00%, 09/01/40		1,337			1,524,051
5.00%, 10/01/40		481			547,442
5.00%, 11/01/40		31			35,210
5.00%, 12/01/40		2,111			2,403,240
5.00%, 01/01/41		257			292,752
5.00%, 02/01/41		981			1,116,695
5.00%, 03/01/41		2,941			3,350,101
5.00%, 04/01/41		4,203			4,786,600
5.00%, 05/01/41		14,422			16,440,401
5.00%, 06/01/41		1,923			2,199,006
5.00%, 07/01/41		1,411			1,607,124
5.00%, 08/01/41		2,227			2,546,584

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
5.00%, 11/01/41	$	216		$	245,682
5.00%, 04/01/42		779			887,184
5.00%, 08/01/43		42			47,791
5.00%, 09/01/43		940			1,085,189
5.00%, 10/01/43		1,596			1,815,530
5.00%, 11/01/43		45			50,824
5.00%, 12/01/43		250			285,868
5.00%, 01/01/44		3,084			3,535,838
5.00%, 02/01/44		40			45,154
5.00%, 03/01/44		1,091			1,274,825
5.00%, 06/01/44		187			210,661
5.00%, 07/01/44		227			255,841
5.00%, 08/01/44		318			368,189
5.00%, 09/01/44		1,674			1,956,531
5.00%, 11/01/44		1,864			2,106,533
5.00%, 01/01/45		20			22,952
5.00%, 07/01/45		6,636			7,555,818
5.00%, 03/01/47		319			354,034
5.00%, 04/01/47		161			177,824
5.00%, 05/01/47		2,383			2,689,082
5.00%, 07/01/47		1,201			1,367,252
5.00%, 08/01/47		381			421,164
5.00%, 09/01/47		1,605			1,775,405
5.00%, 11/01/47		199			221,859
5.00%, 02/01/48		2,750			3,039,490
5.00%, 03/01/48		3,189			3,550,996
5.00%, 04/01/48		3,874			4,378,715
5.00%, 06/01/48		3,388			3,769,541
5.00%, 07/01/48		7,877			8,891,101
5.00%, 08/01/48		21,988			24,792,597
5.00%, 09/01/48		15,271			17,125,618
5.00%, 10/01/48		8,204			9,264,511
5.00%, 11/01/48		3,403			3,900,477
5.00%, 12/01/48		3,416			3,829,670
5.00%, 01/01/49		29,934			33,538,946
5.00%, 02/01/49		10,984			12,319,415
5.00%, 03/01/49		12,634			14,136,921
5.00%, 04/01/49		15,797			17,714,527
5.00%, 07/01/49		20,518			22,989,063
5.00%, 08/01/49		4,140			4,618,194
5.00%, 09/01/49		3,882			4,396,859
5.00%, 10/01/49		10,998			12,276,780
5.50%, 01/01/21		0	(c)		43
5.50%, 03/01/21		2			1,562
5.50%, 04/01/21		0	(c)		192
5.50%, 05/01/21		0	(c)		213
5.50%, 06/01/21		0	(c)		77
5.50%, 10/01/21		0	(c)		61
5.50%, 11/01/21		1			813
5.50%, 12/01/21		0	(c)		386
5.50%, 03/01/22		1			929
5.50%, 03/01/22		0	(c)		344
5.50%, 04/01/22		0	(c)		255
5.50%, 05/01/22		1			977
5.50%, 11/01/22		0	(c)		252
5.50%, 11/01/22		2			1,743
5.50%, 02/01/23		2			2,329
5.50%, 04/01/23		2			2,364
5.50%, 09/01/23		1			1,304
5.50%, 10/01/23		1			1,536

30

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
5.50%, 11/01/23	$	1		$	993
5.50%, 12/01/23		2			1,605
5.50%, 01/01/25		1			1,059
5.50%, 05/01/25		1			869
5.50%, 03/01/28		485			529,370
5.50%, 10/01/28		0	(c)		389
5.50%, 12/01/28		0	(c)		275
5.50%, 07/01/29		3			3,689
5.50%, 04/01/31		2			2,422
5.50%, 11/01/31		1			1,373
5.50%, 12/01/31		18			19,836
5.50%, 01/01/32		10			10,664
5.50%, 02/01/32		3			3,608
5.50%, 11/01/32		5			5,266
5.50%, 11/01/32		0	(c)		413
5.50%, 12/01/32		10			12,090
5.50%, 01/01/33		33			37,972
5.50%, 02/01/33		9			9,437
5.50%, 02/01/33		0	(c)		834
5.50%, 03/01/33		44			51,516
5.50%, 04/01/33		103			120,294
5.50%, 05/01/33		956			1,111,557
5.50%, 06/01/33		72			82,685
5.50%, 07/01/33		192			222,827
5.50%, 08/01/33		5			5,364
5.50%, 09/01/33		0	(c)		212
5.50%, 09/01/33		8			9,188
5.50%, 10/01/33		343			395,645
5.50%, 11/01/33		1,849			2,153,384
5.50%, 12/01/33		2			1,796
5.50%, 01/01/34		59			69,321
5.50%, 02/01/34		39			46,278
5.50%, 03/01/34		15			18,536
5.50%, 04/01/34		89			102,547
5.50%, 05/01/34		83			95,698
5.50%, 06/01/34		48			54,310
5.50%, 07/01/34		24			27,764
5.50%, 09/01/34		1,323			1,545,899
5.50%, 10/01/34		1			1,307
5.50%, 11/01/34		37			43,410
5.50%, 12/01/34		22			24,570
5.50%, 01/01/35		63			73,806
5.50%, 02/01/35		113			130,587
5.50%, 03/01/35		55			63,320
5.50%, 04/01/35		39			45,384
5.50%, 05/01/35		18			21,623
5.50%, 06/01/35		34			37,711
5.50%, 07/01/35		39			45,794
5.50%, 08/01/35		20			22,944
5.50%, 09/01/35		352			411,703
5.50%, 10/01/35		20			23,162
5.50%, 11/01/35		72			84,024
5.50%, 12/01/35		71			81,280
5.50%, 01/01/36		36			41,877
5.50%, 02/01/36		97			112,432
5.50%, 03/01/36		1			1,163
5.50%, 04/01/36		2,241			2,629,874
5.50%, 05/01/36		554			649,905
5.50%, 06/01/36		2			2,459
5.50%, 07/01/36		20			24,396

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
5.50%, 08/01/36	$	39		$	46,444
5.50%, 09/01/36		3,500			4,060,800
5.50%, 10/01/36		24			27,893
5.50%, 11/01/36		29			32,722
5.50%, 11/01/36		0	(c)		181
5.50%, 12/01/36		77			87,539
5.50%, 12/01/36		0	(c)		324
5.50%, 01/01/37		0	(c)		552
5.50%, 01/01/37		43			51,093
5.50%, 02/01/37		95			112,813
5.50%, 03/01/37		69			81,219
5.50%, 04/01/37		24			27,883
5.50%, 05/01/37		411			483,833
5.50%, 05/01/37		0	(c)		422
5.50%, 06/01/37		209			242,885
5.50%, 07/01/37		38			46,016
5.50%, 08/01/37		2,868			3,358,856
5.50%, 08/01/37		0	(c)		521
5.50%, 09/01/37		1			995
5.50%, 10/01/37		5			5,019
5.50%, 10/01/37		0	(c)		315
5.50%, 11/01/37		18			20,504
5.50%, 12/01/37		97			113,320
5.50%, 12/01/37		0	(c)		426
5.50%, 01/01/38		24			28,477
5.50%, 02/01/38		58			68,298
5.50%, 03/01/38		1,234			1,441,704
5.50%, 04/01/38		82			94,582
5.50%, 05/01/38		393			459,121
5.50%, 06/01/38		403			474,548
5.50%, 07/01/38		872			1,021,985
5.50%, 08/01/38		89			105,411
5.50%, 08/01/38		0	(c)		452
5.50%, 09/01/38		11			13,427
5.50%, 10/01/38		5			5,688
5.50%, 11/01/38		1,643			1,934,272
5.50%, 12/01/38		0	(c)		380
5.50%, 12/01/38		58			66,784
5.50%, 01/01/39		77			86,909
5.50%, 02/01/39		53			63,562
5.50%, 03/01/39		20			23,133
5.50%, 04/01/39		29			34,899
5.50%, 05/01/39		202			221,809
5.50%, 06/01/39		249			293,566
5.50%, 07/01/39		29			33,485
5.50%, 08/01/39		2			2,574
5.50%, 09/01/39		60			69,400
5.50%, 10/01/39		11			13,094
5.50%, 11/01/39		53			62,490
5.50%, 12/01/39		115			135,365
5.50%, 01/01/40		62			73,163
5.50%, 03/01/40		91			105,082
5.50%, 04/01/40		98			112,434
5.50%, 05/01/40		228			268,133
5.50%, 06/01/40		180			205,588
5.50%, 07/01/40		2,539			2,972,758
5.50%, 09/01/40		7,004			8,203,100
5.50%, 07/01/41		470			554,380
5.50%, 09/01/41		11,939			14,013,939
5.50%, 05/01/44		9,195			10,912,514

31

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
5.50%, 01/01/47	$	3,120		$	3,656,302
5.50%, 06/01/48		283			316,050
5.50%, 11/01/48		260			288,154
5.50%, 12/01/48		989			1,099,340
5.50%, 02/01/49		1,037			1,210,230
5.50%, 03/01/49		339			378,656
6.00%, 12/01/20		0	(c)		1
6.00%, 08/01/21		0	(c)		383
6.00%, 08/01/21		1			606
6.00%, 10/01/21		0	(c)		273
6.00%, 10/01/21		1			534
6.00%, 03/01/22		2			1,722
6.00%, 08/01/22		0	(c)		118
6.00%, 11/01/23		0	(c)		449
6.00%, 05/01/24		0	(c)		163
6.00%, 12/01/24		1			1,091
6.00%, 03/01/28		1			1,024
6.00%, 04/01/28		0	(c)		331
6.00%, 10/01/28		0	(c)		241
6.00%, 11/01/28		0	(c)		319
6.00%, 11/01/28		1			669
6.00%, 12/01/28		2			1,596
6.00%, 12/01/28		0	(c)		816
6.00%, 01/01/29		5			4,980
6.00%, 01/01/29		0	(c)		137
6.00%, 02/01/29		12			11,514
6.00%, 02/01/29		0	(c)		631
6.00%, 03/01/29		3			3,075
6.00%, 03/01/29		0	(c)		263
6.00%, 04/01/29		4			4,270
6.00%, 05/01/29		0	(c)		339
6.00%, 06/01/29		0	(c)		109
6.00%, 06/01/29		1			1,086
6.00%, 07/01/29		3			3,097
6.00%, 07/01/29		0	(c)		214
6.00%, 04/01/30		2			1,924
6.00%, 04/01/31		2			1,790
6.00%, 04/01/31		0	(c)		29
6.00%, 05/01/31		8			8,736
6.00%, 10/01/31		5			5,723
6.00%, 11/01/31		10			11,470
6.00%, 02/01/32		4			4,988
6.00%, 03/01/32		4			3,496
6.00%, 04/01/32		6			6,398
6.00%, 06/01/32		2			1,750
6.00%, 09/01/32		5			5,630
6.00%, 11/01/32		56			63,949
6.00%, 12/01/32		39			44,664
6.00%, 01/01/33		31			34,780
6.00%, 02/01/33		11			13,422
6.00%, 03/01/33		32			37,484
6.00%, 03/01/33		0	(c)		79
6.00%, 05/01/33		4			4,149
6.00%, 10/01/33		4			5,046
6.00%, 11/01/33		3			3,694
6.00%, 12/01/33		27			32,375
6.00%, 02/01/34		7			7,690
6.00%, 03/01/34		2,344			2,750,748
6.00%, 04/01/34		5			5,443
6.00%, 05/01/34		396			461,390

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
6.00%, 08/01/34	$	514		$	605,888
6.00%, 09/01/34		21			24,731
6.00%, 10/01/34		22			25,872
6.00%, 11/01/34		155			182,123
6.00%, 12/01/34		14			15,470
6.00%, 01/01/35		40			47,758
6.00%, 02/01/35		16			19,212
6.00%, 04/01/35		5			6,220
6.00%, 06/01/35		14			16,089
6.00%, 07/01/35		152			178,001
6.00%, 09/01/35		21			24,332
6.00%, 10/01/35		53			62,964
6.00%, 12/01/35		41			44,801
6.00%, 01/01/36		10			11,087
6.00%, 01/01/36		0	(c)		570
6.00%, 02/01/36		3			3,532
6.00%, 03/01/36		1			1,720
6.00%, 05/01/36		40			45,919
6.00%, 05/01/36		0	(c)		259
6.00%, 06/01/36		821			968,478
6.00%, 07/01/36		15			18,038
6.00%, 08/01/36		777			919,596
6.00%, 10/01/36		32			37,657
6.00%, 11/01/36		71			83,110
6.00%, 11/01/36		0	(c)		757
6.00%, 12/01/36		14			16,881
6.00%, 01/01/37		4			4,639
6.00%, 02/01/37		105			122,815
6.00%, 03/01/37		48			57,430
6.00%, 04/01/37		27			31,360
6.00%, 06/01/37		40			47,784
6.00%, 07/01/37		35			39,820
6.00%, 08/01/37		25			29,398
6.00%, 09/01/37		21			24,823
6.00%, 09/01/37		0	(c)		294
6.00%, 10/01/37		13			15,043
6.00%, 11/01/37		51			59,153
6.00%, 12/01/37		43			49,998
6.00%, 12/01/37		0	(c)		127
6.00%, 01/01/38		138			162,489
6.00%, 02/01/38		47			54,463
6.00%, 02/01/38		0	(c)		489
6.00%, 03/01/38		545			644,854
6.00%, 04/01/38		45			52,477
6.00%, 05/01/38		1,474			1,741,785
6.00%, 07/01/38		28			33,998
6.00%, 08/01/38		106			121,214
6.00%, 08/01/38		0	(c)		885
6.00%, 09/01/38		44			51,079
6.00%, 10/01/38		27			31,436
6.00%, 10/01/38		0	(c)		311
6.00%, 11/01/38		17			19,559
6.00%, 12/01/38		10			11,466
6.00%, 06/01/39		4,177			4,944,609
6.00%, 09/01/39		3			3,190
6.00%, 10/01/39		342			406,700
6.00%, 04/01/40		55			65,821
6.00%, 09/01/40		6			7,635
6.00%, 10/01/40		80			94,679
6.00%, 07/01/41		1,220			1,445,898

32

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
6.00%, 02/01/49	$	1,806		$	2,140,228
6.50%, 08/01/23		1			902
6.50%, 09/01/23		0	(c)		75
6.50%, 12/01/23		1			648
6.50%, 12/01/23		0	(c)		61
6.50%, 01/01/24		1			904
6.50%, 01/01/24		0	(c)		348
6.50%, 03/01/24		0	(c)		46
6.50%, 04/01/24		0	(c)		94
6.50%, 06/01/24		1			791
6.50%, 10/01/24		0	(c)		81
6.50%, 11/01/24		0	(c)		275
6.50%, 06/01/25		0	(c)		278
6.50%, 08/01/25		0	(c)		435
6.50%, 10/01/25		0	(c)		278
6.50%, 12/01/25		0	(c)		321
6.50%, 01/01/26		0	(c)		37
6.50%, 01/01/26		2			2,498
6.50%, 02/01/26		0	(c)		404
6.50%, 03/01/26		1			845
6.50%, 03/01/26		0	(c)		27
6.50%, 04/01/26		0	(c)		583
6.50%, 05/01/26		0	(c)		299
6.50%, 05/01/26		1			657
6.50%, 06/01/26		0	(c)		96
6.50%, 09/01/26		6			5,485
6.50%, 11/01/26		2			1,302
6.50%, 03/01/27		0	(c)		530
6.50%, 04/01/27		0	(c)		424
6.50%, 09/01/27		0	(c)		55
6.50%, 11/01/27		0	(c)		194
6.50%, 12/01/27		4			3,685
6.50%, 01/01/28		1			807
6.50%, 02/01/28		0	(c)		104
6.50%, 04/01/28		0	(c)		426
6.50%, 04/01/28		2			2,577
6.50%, 05/01/28		2			2,425
6.50%, 08/01/28		0	(c)		393
6.50%, 08/01/28		12			13,729
6.50%, 09/01/28		0	(c)		386
6.50%, 09/01/28		2			1,654
6.50%, 10/01/28		0	(c)		298
6.50%, 10/01/28		3			3,704
6.50%, 11/01/28		0	(c)		1,348
6.50%, 12/01/28		3			2,448
6.50%, 01/01/29		3			3,599
6.50%, 02/01/29		4			3,874
6.50%, 02/01/29		0	(c)		299
6.50%, 03/01/29		7			7,403
6.50%, 03/01/29		0	(c)		75
6.50%, 04/01/29		3			2,346
6.50%, 04/01/29		0	(c)		98
6.50%, 05/01/29		2			2,534
6.50%, 06/01/29		17			18,646
6.50%, 06/01/29		0	(c)		498
6.50%, 07/01/29		5			5,200
6.50%, 07/01/29		0	(c)		121
6.50%, 08/01/29		0	(c)		523
6.50%, 09/01/29		1			1,112
6.50%, 11/01/29		0	(c)		380

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
6.50%, 05/01/30	$	0	(c)	$	268
6.50%, 10/01/30		0	(c)		85
6.50%, 12/01/30		1			848
6.50%, 01/01/31		0	(c)		153
6.50%, 03/01/31		1			1,503
6.50%, 04/01/31		0	(c)		167
6.50%, 04/01/31		4			4,124
6.50%, 05/01/31		0	(c)		153
6.50%, 05/01/31		7			7,866
6.50%, 06/01/31		0	(c)		118
6.50%, 07/01/31		5			5,383
6.50%, 07/01/31		0	(c)		970
6.50%, 08/01/31		2			2,358
6.50%, 09/01/31		0	(c)		380
6.50%, 09/01/31		4			4,336
6.50%, 10/01/31		11			12,315
6.50%, 11/01/31		3			3,650
6.50%, 12/01/31		5			5,979
6.50%, 12/01/31		0	(c)		293
6.50%, 02/01/32		0	(c)		917
6.50%, 02/01/32		4			3,819
6.50%, 03/01/32		17			20,375
6.50%, 04/01/32		1			1,009
6.50%, 05/01/32		9			10,732
6.50%, 05/01/32		0	(c)		113
6.50%, 06/01/32		4			4,620
6.50%, 06/01/32		0	(c)		462
6.50%, 07/01/32		11			13,101
6.50%, 07/01/32		0	(c)		1,154
6.50%, 08/01/32		24			28,348
6.50%, 08/01/32		0	(c)		396
6.50%, 09/01/32		19			22,539
6.50%, 11/01/32		1			603
6.50%, 01/01/33		1			1,032
6.50%, 03/01/33		5			6,259
6.50%, 05/01/33		1			1,103
6.50%, 05/01/33		0	(c)		443
6.50%, 06/01/33		11			12,763
6.50%, 07/01/33		0	(c)		96
6.50%, 09/01/33		0	(c)		391
6.50%, 11/01/33		6			7,470
6.50%, 01/01/34		12			14,773
6.50%, 03/01/34		0	(c)		524
6.50%, 05/01/34		24			28,882
6.50%, 08/01/34		14			16,555
6.50%, 09/01/34		48			57,251
6.50%, 10/01/34		4			5,152
6.50%, 11/01/34		1			1,326
6.50%, 04/01/35		5			5,669
6.50%, 01/01/36		3			3,597
6.50%, 02/01/36		7			8,879
6.50%, 05/01/36		1			1,126
6.50%, 06/01/36		1			724
6.50%, 07/01/36		3			2,901
6.50%, 08/01/36		52			60,946
6.50%, 08/01/36		0	(c)		461
6.50%, 09/01/36		256			307,322
6.50%, 10/01/36		51			61,236
6.50%, 11/01/36		0	(c)		482
6.50%, 12/01/36		38			45,840

33

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
6.50%, 02/01/37	$	7		$	7,835
6.50%, 03/01/37		4			4,999
6.50%, 04/01/37		24			26,946
6.50%, 06/01/37		2			2,652
6.50%, 07/01/37		71			86,441
6.50%, 07/01/37		0	(c)		283
6.50%, 08/01/37		2,000			2,380,696
6.50%, 08/01/37		0	(c)		126
6.50%, 09/01/37		0	(c)		753
6.50%, 09/01/37		15			17,435
6.50%, 10/01/37		149			178,878
6.50%, 11/01/37		32			37,914
6.50%, 12/01/37		82			98,101
6.50%, 12/01/37		0	(c)		401
6.50%, 01/01/38		5			5,974
6.50%, 02/01/38		11			13,136
6.50%, 03/01/38		31			37,982
6.50%, 05/01/38		59			68,136
6.50%, 06/01/38		33			37,884
6.50%, 09/01/38		8			10,009
6.50%, 12/01/38		9			11,087
6.50%, 01/01/39		11			13,167
6.50%, 03/01/39		8			9,045
6.50%, 05/01/39		5			6,051
6.50%, 10/01/39		2,024			2,463,192
6.50%, 05/01/40		1,369			1,649,750
7.00%, 06/01/23		0	(c)		21
7.00%, 07/01/23		1			929
7.00%, 09/01/23		0	(c)		200
7.00%, 10/01/23		0	(c)		310
7.00%, 10/01/23		1			675
7.00%, 11/01/23		0	(c)		52
7.00%, 12/01/23		0	(c)		184
7.00%, 12/01/23		1			614
7.00%, 01/01/24		0	(c)		161
7.00%, 02/01/24		4			4,481
7.00%, 02/01/24		0	(c)		350
7.00%, 03/01/24		1			1,038
7.00%, 05/01/24		2			2,351
7.00%, 10/01/24		0	(c)		50
7.00%, 11/01/24		1			736
7.00%, 07/01/25		0	(c)		19
7.00%, 08/01/25		0	(c)		430
7.00%, 09/01/25		0	(c)		309
7.00%, 10/01/25		0	(c)		303
7.00%, 12/01/25		5			4,996
7.00%, 02/01/26		0	(c)		523
7.00%, 02/01/26		1			638
7.00%, 03/01/26		0	(c)		382
7.00%, 03/01/26		1			695
7.00%, 04/01/26		0	(c)		429
7.00%, 05/01/26		0	(c)		976
7.00%, 05/01/26		2			1,712
7.00%, 08/01/26		0	(c)		321
7.00%, 11/01/26		5			5,747
7.00%, 02/01/27		0	(c)		56
7.00%, 04/01/27		0	(c)		221
7.00%, 07/01/27		0	(c)		423
7.00%, 08/01/27		2			2,080
7.00%, 09/01/27		0	(c)		507

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
7.00%, 09/01/27	$	1		$	927
7.00%, 11/01/27		0	(c)		305
7.00%, 12/01/27		0	(c)		428
7.00%, 03/01/28		1			1,233
7.00%, 04/01/28		3			3,215
7.00%, 07/01/28		0	(c)		591
7.00%, 07/01/28		1			889
7.00%, 08/01/28		0	(c)		528
7.00%, 01/01/29		1			1,009
7.00%, 02/01/29		0	(c)		460
7.00%, 02/01/29		1			1,247
7.00%, 05/01/29		1			1,384
7.00%, 06/01/29		1			1,121
7.00%, 07/01/29		0	(c)		196
7.00%, 08/01/29		0	(c)		277
7.00%, 08/01/29		2			1,734
7.00%, 10/01/29		0	(c)		366
7.00%, 01/01/30		0	(c)		106
7.00%, 02/01/30		0	(c)		428
7.00%, 09/01/30		1			807
7.00%, 11/01/30		3			3,835
7.00%, 12/01/30		0	(c)		155
7.00%, 02/01/31		0	(c)		314
7.00%, 03/01/31		0	(c)		38
7.00%, 09/01/31		2			1,620
7.00%, 10/01/31		0	(c)		240
7.00%, 11/01/31		0	(c)		62
7.00%, 12/01/31		1			1,586
7.00%, 03/01/32		6			7,792
7.00%, 04/01/32		42			51,343
7.00%, 05/01/32		17			18,309
7.00%, 05/01/32		0	(c)		460
7.00%, 07/01/32		1			759
7.00%, 07/01/32		0	(c)		124
7.00%, 08/01/32		1			1,412
7.00%, 10/01/32		1			945
7.00%, 10/01/32		0	(c)		431
7.00%, 12/01/32		13			14,572
7.00%, 09/01/33		2			1,802
7.00%, 01/01/36		4			4,485
7.00%, 07/01/36		1			1,713
7.00%, 08/01/36		2			1,979
7.00%, 01/01/37		3			3,548
7.00%, 03/01/37		3			2,963
7.00%, 04/01/37		688			845,298
7.00%, 05/01/37		7			7,819
7.00%, 06/01/37		0	(c)		514
7.00%, 06/01/37		15			16,978
7.00%, 09/01/37		1			1,114
7.00%, 12/01/37		16			19,854
7.00%, 05/01/38		1			729
7.00%, 12/01/38		5			5,547
7.00%, 01/01/39		1			802
7.50%, 07/01/22		0	(c)		61
7.50%, 08/01/22		0	(c)		18
7.50%, 11/01/22		1			1,021
7.50%, 02/01/23		0	(c)		30
7.50%, 06/01/23		0	(c)		101
7.50%, 03/01/24		0	(c)		169
7.50%, 04/01/24		0	(c)		371

34

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF (Percentages shown are based on Net Assets)

Security	Par (000)			Value
Mortgage-Backed Securities (continued)
7.50%, 04/01/24	$	4		$	4,310
7.50%, 05/01/24		0	(c)		437
7.50%, 06/01/24		0	(c)		80
7.50%, 07/01/24		1			801
7.50%, 08/01/24		0	(c)		404
7.50%, 09/01/24		0	(c)		113
7.50%, 09/01/25		0	(c)		332
7.50%, 10/01/25		0	(c)		541
7.50%, 11/01/25		1			692
7.50%, 12/01/25		0	(c)		707
7.50%, 05/01/26		0	(c)		156
7.50%, 07/01/26		0	(c)		23
7.50%, 08/01/26		0	(c)		243
7.50%, 01/01/27		0	(c)		34
7.50%, 04/01/27		0	(c)		526
7.50%, 07/01/27		1			652
7.50%, 09/01/27		0	(c)		116
7.50%, 11/01/27		0	(c)		239
7.50%, 01/01/28		0	(c)		271
7.50%, 04/01/28		1			533
7.50%, 07/01/29		1			1,272
7.50%, 08/01/29		4			4,788
7.50%, 08/01/29		0	(c)		70
7.50%, 09/01/29		2			2,064
7.50%, 09/01/29		0	(c)		420
7.50%, 10/01/29		0	(c)		147
7.50%, 03/01/30		0	(c)		2
7.50%, 05/01/30		0	(c)		214
7.50%, 06/01/30		1			758
7.50%, 06/01/30		0	(c)		165
7.50%, 12/01/30		0	(c)		129
7.50%, 12/01/30		3			2,832
7.50%, 01/01/31		0	(c)		290
7.50%, 03/01/31		0	(c)		29
7.50%, 05/01/31		8			8,787
7.50%, 06/01/31		0	(c)		526
7.50%, 06/01/31		1			618
7.50%, 07/01/32		0	(c)		212
7.50%, 10/01/32		0	(c)		261
7.50%, 03/01/33		3			2,870
7.50%, 06/01/33		0	(c)		416
7.50%, 12/01/37		1			718
8.00%, 02/01/22		0	(c)		2
8.00%, 04/01/22		0	(c)		9
8.00%, 11/01/22		0	(c)		6
8.00%, 02/01/23		0	(c)		294
8.00%, 10/01/23		0	(c)		287
8.00%, 07/01/24		0	(c)		80
8.00%, 09/01/24		0	(c)		127
8.00%, 08/01/25		0	(c)		95
8.00%, 08/01/25		1			748
8.00%, 10/01/25		0	(c)		409
8.00%, 12/01/25		0	(c)		222
8.00%, 01/01/26		0	(c)		433
8.00%, 09/01/26		1			1,201
8.00%, 07/01/27		1			1,071
8.00%, 08/01/27		0	(c)		204
8.00%, 06/01/28		0	(c)		475
8.00%, 07/01/29		1			549
8.00%, 08/01/29		3			2,426

Security	Par/ Shares (000)			Value
Mortgage-Backed Securities (continued)
8.00%, 04/01/30	$	0	(c)	$	139
8.00%, 06/01/30		0	(c)		370
8.00%, 10/01/30		0	(c)		308
8.00%, 09/01/31		3			3,270
8.00%, 04/01/32		0	(c)		368
8.50%, 10/01/22		0	(c)		28
8.50%, 06/01/25		0	(c)		71
8.50%, 09/01/25		0	(c)		89
8.50%, 12/01/25		0	(c)		189
8.50%, 12/01/26		1			712
8.50%, 03/01/27		5			5,104
8.50%, 02/01/28		2			1,521
8.50%, 08/01/29		0	(c)		316
8.50%, 04/01/30		1			1,420
8.50%, 05/01/32		3			3,871
9.00%, 05/01/21		0	(c)		5
9.00%, 07/01/22		0	(c)		2
9.00%, 01/01/23		0	(c)		23
9.00%, 12/01/24		0	(c)		66
9.00%, 11/01/26		0	(c)		21
9.00%, 06/01/27		0	(c)		430
9.00%, 06/01/30		0	(c)		263
9.00%, 09/01/30		0	(c)		486
9.00%, 10/01/30		0	(c)		110
9.50%, 01/01/21		0	(c)		1
					24,904,627,622
Total U.S. Government & Agency Obligations — 98.6% (Cost: $24,229,114,606)					24,904,627,622
Short-Term Investments
Money Market Funds — 20.1%
BlackRock Cash Funds: Institutional, SL Agency Shares, 0.19%(d)(e)(f)		5,070,717			5,073,759,918
BlackRock Cash Funds: Treasury, SL Agency Shares, 0.04%(d)(e)		100			100,000
					5,073,859,918
Total Short-Term Investments — 20.1% (Cost: $5,073,027,470)					5,073,859,918
Total Investments Before TBA Sales Commitments — 118.7% (Cost: $29,302,142,076)					29,978,487,540
TBA Sales Commitments
Mortgage-Backed Securities — (1.1)%
Uniform Mortgage-Backed Securities, 2.50%, 12/14/50(a)	$	(259,136	)		(271,527,342	)
Total TBA Sales Commitments — (1.1)% (Proceeds: $(270,469,934))					(271,527,342	)
Total Investments, Net of TBA Sales Commitments — 117.6% (Cost: $29,031,672,142)					29,706,960,198
Other Assets, Less Liabilities — (17.6)%					(4,455,241,111	)
Net Assets — 100.0%				$	25,251,719,087

35

Schedule of Investments (unaudited) (continued) November 30, 2020 iShares^® MBS ETF

^(a)  TBA transaction.

^(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)  Rounds to less than 1,000.

^(d)  Affiliate of the Fund.

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

^(f)  All or a portion of this security represents an investment of TBA cash collateral.

Affiliates

Investments in issuers considered to be affiliate(s) of the Fund during the period ended November 30, 2020 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

Affiliated Issuer	Value at 02/29/20		Purchases at Cost			Proceeds from Sales		Net Realized Gain (Loss)			Change in Unrealized Appreciation (Depreciation)			Value at 11/30/20		Shares Held at 11/30/20 (000)		Income		Capital Gain Distributions from Underlying Funds
BlackRock Cash Funds: Institutional, SL Agency Shares	$	3,339,292,160	$	1,736,942,344	(a)	$	—	$	(2,148,336	)	$	(326,250	)	$	5,073,759,918		5,070,717	$	14,191,706	$	—
BlackRock Cash Funds: Treasury, SL Agency Shares		100,000		—			—		—			—			100,000		100		158		—
								$	(2,148,336	)	$	(326,250	)	$	5,073,859,918			$	14,191,864	$	—

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

Fair Value Measurements

Various inputs are used in determining the fair value of financial instruments. For description of the input levels and information about the Fund’s policy regarding valuation of financial instruments, refer to a recently published shareholder report. Shareholder reports are available on the Fund’s website at iShares.com and on the U.S. Securities and Exchange Commission website at sec.gov.

The following table summarizes the value of the Fund’s investments according to the fair value hierarchy as of November 30, 2020. 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
Investments
Assets
U.S. Government Agency Obligations	$	—	$	24,904,627,622		$	—	$	24,904,627,622
Money Market Funds		5,073,859,918		—			—		5,073,859,918
		5,073,859,918		24,904,627,622			—		29,978,487,540
Liabilities
TBA Sales Commitments		—		(271,527,342	)		—		(271,527,342	)
	$	5,073,859,918	$	24,633,100,280		$	—	$	29,706,960,198

Portfolio Abbreviations - Fixed Income
LIBOR	London Interbank Offered Rate
TBA	To-Be-Announced

36