Schedule of Investments (unaudited)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Corporate Bonds & Notes
Advertising — 0.0%
Interpublic Group of Companies Inc. (The)
3.38%, 03/01/41 (Call 09/01/40)	$	50	$	36,221
5.40%, 10/01/48 (Call 04/01/48)		154		142,592
				178,813
Aerospace & Defense — 1.1%
BAE Systems Holdings Inc., 4.75%, 10/07/44(a)		160		143,642
BAE Systems PLC
3.00%, 09/15/50 (Call 03/15/50)(a)		50		33,524
5.80%, 10/11/41(a)		50		50,888
Boeing Co. (The)
3.38%, 06/15/46 (Call 12/15/45)		42		29,119
3.55%, 03/01/38 (Call 09/01/37)		55		42,655
3.63%, 03/01/48 (Call 09/01/47)		105		72,995
3.65%, 03/01/47 (Call 09/01/46)		125		87,977
3.75%, 02/01/50 (Call 08/01/49)		90		66,406
3.83%, 03/01/59 (Call 09/01/58)		5		3,457
3.85%, 11/01/48 (Call 05/01/48)		85		61,935
3.90%, 05/01/49 (Call 11/01/48)		135		101,239
3.95%, 08/01/59 (Call 02/01/59)		55		39,532
5.71%, 05/01/40 (Call 11/01/39)		240		236,606
5.81%, 05/01/50 (Call 11/01/49)		575		564,506
5.88%, 02/15/40		40		39,841
5.93%, 05/01/60 (Call 11/01/59)		390		379,891
6.63%, 02/15/38		70		74,871
6.88%, 03/15/39		150		163,980
Bombardier Inc., 7.45%, 05/01/34(a)		55		60,755
General Dynamics Corp.
3.60%, 11/15/42 (Call 05/15/42)		31		25,639
4.25%, 04/01/40 (Call 10/01/39)		280		256,458
4.25%, 04/01/50 (Call 10/01/49)		55		49,762
Howmet Aerospace Inc., 5.95%, 02/01/37		65		65,053
L3Harris Technologies Inc.
4.85%, 04/27/35 (Call 10/27/34)		55		52,839
5.05%, 04/27/45 (Call 10/27/44)		90		83,029
6.15%, 12/15/40		75		78,621
Lockheed Martin Corp.
2.80%, 06/15/50 (Call 12/15/49)		70		49,237
3.60%, 03/01/35 (Call 09/01/34)		35		31,564
3.80%, 03/01/45 (Call 09/01/44)		170		141,686
4.07%, 12/15/42		70		61,820
4.09%, 09/15/52 (Call 03/15/52)		122		104,675
4.15%, 06/15/53 (Call 12/15/52)		70		60,561
4.30%, 06/15/62 (Call 12/15/61)		40		34,765
4.50%, 05/15/36 (Call 11/15/35)		151		147,322
4.70%, 05/15/46 (Call 11/15/45)		117		112,678
5.70%, 11/15/54 (Call 05/15/54)		105		113,845
5.72%, 06/01/40		110		117,485
5.90%, 11/15/63 (Call 05/15/63)		55		61,247
Series B, 6.15%, 09/01/36		140		155,415
Northrop Grumman Corp.
3.85%, 04/15/45 (Call 10/15/44)		35		28,184
4.03%, 10/15/47 (Call 04/15/47)		238		199,513
4.75%, 06/01/43		203		186,981
4.95%, 03/15/53 (Call 09/15/52)		95		90,392
5.05%, 11/15/40		35		33,833
5.15%, 05/01/40 (Call 11/01/39)		10		9,773
5.25%, 05/01/50 (Call 11/01/49)		100		99,708

Security	Par (000)		Value
Aerospace & Defense (continued)
Raytheon Technologies Corp.
2.82%, 09/01/51 (Call 03/01/51)	$	15	$	9,886
3.03%, 03/15/52 (Call 09/15/51)		130		89,917
3.13%, 07/01/50 (Call 01/01/50)		175		123,770
3.75%, 11/01/46 (Call 05/01/46)		80		63,605
4.05%, 05/04/47 (Call 11/04/46)		50		41,762
4.15%, 05/15/45 (Call 11/16/44)		154		130,286
4.35%, 04/15/47 (Call 10/15/46)		80		69,710
4.45%, 11/16/38 (Call 05/16/38)		215		199,374
4.50%, 06/01/42		270		246,270
4.63%, 11/16/48 (Call 05/16/48)		170		155,139
4.70%, 12/15/41		55		50,677
4.80%, 12/15/43 (Call 06/15/43)		115		106,466
4.88%, 10/15/40		36		34,087
5.38%, 02/27/53 (Call 08/27/52)		130		131,569
5.40%, 05/01/35		15		15,302
5.70%, 04/15/40		10		10,292
6.05%, 06/01/36		80		85,859
6.13%, 07/15/38		15		16,378
				6,286,253
Agriculture — 0.7%
Altria Group Inc.
3.40%, 02/04/41 (Call 08/04/40)		140		95,946
3.70%, 02/04/51 (Call 08/04/50)		105		68,031
3.88%, 09/16/46 (Call 03/16/46)		153		106,340
4.00%, 02/04/61 (Call 08/04/60)		150		102,198
4.25%, 08/09/42		73		56,192
4.45%, 05/06/50 (Call 11/06/49)		60		43,471
4.50%, 05/02/43		130		101,717
5.38%, 01/31/44		160		148,133
5.80%, 02/14/39 (Call 08/14/38)		181		175,177
5.95%, 02/14/49 (Call 08/14/48)		340		313,830
Archer-Daniels-Midland Co.
2.70%, 09/15/51 (Call 03/15/51)		155		103,280
3.75%, 09/15/47 (Call 03/15/47)		55		45,335
4.02%, 04/16/43		45		38,845
4.50%, 03/15/49 (Call 09/15/48)		70		64,492
4.54%, 03/26/42		2		1,856
BAT Capital Corp.
3.73%, 09/25/40 (Call 03/25/40)		140		97,636
3.98%, 09/25/50 (Call 03/25/50)		110		72,355
4.39%, 08/15/37 (Call 02/15/37)		255		201,450
4.54%, 08/15/47 (Call 02/15/47)		305		218,749
4.76%, 09/06/49 (Call 03/06/49)		70		51,758
5.28%, 04/02/50 (Call 10/02/49)		55		44,398
5.65%, 03/16/52 (Call 09/16/51)		30		25,689
Cargill Inc.
3.13%, 05/25/51 (Call 11/25/50)(a)		110		77,400
3.88%, 05/23/49 (Call 11/23/48)(a)		40		32,067
4.38%, 04/22/52 (Call 10/22/51)(a)		100		87,178
4.76%, 11/23/45(a)		70		65,066
Philip Morris International Inc.
3.88%, 08/21/42		79		61,020
4.13%, 03/04/43		135		107,077
4.25%, 11/10/44		116		93,457
4.38%, 11/15/41		97		81,356
4.50%, 03/20/42		130		110,374
4.88%, 11/15/43		210		184,338
6.38%, 05/16/38		50		53,406

1

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Agriculture (continued)
Reynolds American Inc.
5.70%, 08/15/35 (Call 02/15/35)	$	130	$	121,754
5.85%, 08/15/45 (Call 02/15/45)		230		200,960
6.15%, 09/15/43		10		9,519
7.25%, 06/15/37		161		168,865
				3,630,715
Airlines — 0.0%
American Airlines 2021-1 Pass Through Trust, Series A, Class A, 2.88%, 01/11/36		53		43,918
British Airways Pass Through Trust, Class A, 2.90%, 09/15/36(a)		97		80,530
				124,448
Apparel — 0.1%
NIKE Inc.
3.25%, 03/27/40 (Call 09/27/39)		75		61,358
3.38%, 11/01/46 (Call 05/01/46)		55		43,852
3.38%, 03/27/50 (Call 09/27/49)		190		151,286
3.63%, 05/01/43 (Call 11/01/42)		95		78,182
3.88%, 11/01/45 (Call 05/01/45)		60		52,193
				386,871
Auto Manufacturers — 0.2%
Cummins Inc.
2.60%, 09/01/50 (Call 03/01/50)		15		9,504
4.88%, 10/01/43 (Call 04/01/43)		86		81,061
Ford Motor Co.
4.75%, 01/15/43		225		166,016
5.29%, 12/08/46 (Call 06/08/46)		140		110,543
7.40%, 11/01/46		40		40,623
General Motors Co.
5.00%, 04/01/35		93		83,673
5.15%, 04/01/38 (Call 10/01/37)		120		106,141
5.20%, 04/01/45		90		74,580
5.40%, 04/01/48 (Call 10/01/47)		122		102,397
5.95%, 04/01/49 (Call 10/01/48)		80		72,669
6.25%, 10/02/43		163		153,972
6.60%, 04/01/36 (Call 10/01/35)		113		114,504
6.75%, 04/01/46 (Call 10/01/45)		115		113,979
				1,229,662
Auto Parts & Equipment — 0.1%
Aptiv PLC
3.10%, 12/01/51 (Call 06/01/51)		90		54,184
4.40%, 10/01/46 (Call 04/01/46)		25		19,047
5.40%, 03/15/49 (Call 09/15/48)(b)		90		78,529
Aptiv PLC/Aptiv Corp., 4.15%, 05/01/52 (Call 11/01/51)		105		77,246
BorgWarner Inc., 4.38%, 03/15/45 (Call 09/15/44)		31		24,535
Lear Corp.
3.55%, 01/15/52 (Call 07/15/51)		15		9,772
5.25%, 05/15/49 (Call 11/15/48)		20		17,326
				280,639
Banks — 3.7%
Bank of America Corp.
2.68%, 06/19/41 (Call 06/19/40), (3-mo. SOFR + 1.432%)(c)		584		402,265
2.83%, 10/24/51 (Call 10/24/50), (3-mo. SOFR + 1.432%)(c)		165		105,090
2.97%, 07/21/52 (Call 07/21/51), (3-mo. SOFR + 1.432%)(c)		235		156,059
3.31%, 04/22/42 (Call 04/22/41), (3-mo. SOFR + 1.432%)(c)		130		97,481

Security	Par (000)		Value
Banks (continued)
3.95%, 01/23/49 (Call 01/23/48), (3-mo. SOFR + 1.452%)(c)	$	75	$	59,470
4.08%, 04/23/40 (Call 04/23/39), (3-mo. SOFR + 1582%)(c)		213		179,276
4.08%, 03/20/51 (Call 03/20/50), (3-mo. SOFR + 3.412%)(c)		700		562,485
4.24%, 04/24/38 (Call 04/24/37), (3-mo. SOFR + 2.076%)(c)		246		216,541
4.33%, 03/15/50 (Call 03/15/49), (3-mo. SOFR + 1.782%)(c)		206		173,588
4.44%, 01/20/48 (Call 01/20/47), (3-mo. SOFR + 1.252%)(c)		340		293,134
5.00%, 01/21/44		172		162,588
5.88%, 02/07/42		250		262,735
6.11%, 01/29/37		215		224,808
7.75%, 05/14/38		225		267,073
Series L, 4.75%, 04/21/45		45		40,617
Series N, 3.48%, 03/13/52 (Call 03/13/51), (3-mo. SOFR + 1.432%)(c)		290		211,024
Barclays PLC
3.33%, 11/24/42 (Call 11/24/41), (1-year CMT + 1.300%)(c)		200		139,516
4.95%, 01/10/47		235		206,734
5.25%, 08/17/45		100		92,349
BNP Paribas SA, 2.82%, 01/26/41(a)(b)		100		65,924
Citigroup Inc.
2.90%, 11/03/42 (Call 11/03/41), (1-day SOFR + 1.379%)(c)		155		108,984
3.88%, 01/24/39 (Call 01/24/38), (3-mo. SOFR + 1.430%)(c)		130		108,909
4.28%, 04/24/48 (Call 04/24/47), (3-mo. SOFR + 2.101%)(c)		95		80,254
4.65%, 07/30/45		157		138,174
4.65%, 07/23/48 (Call 06/23/48)		385		341,772
4.75%, 05/18/46		225		189,767
5.30%, 05/06/44		105		95,816
5.32%, 03/26/41 (Call 03/26/40), (1-day SOFR + 4.548%)(c)		127		123,100
5.88%, 01/30/42		15		15,618
6.13%, 08/25/36		190		194,349
6.68%, 09/13/43		135		143,649
8.13%, 07/15/39		176		223,231
Commonwealth Bank of Australia
3.31%, 03/11/41(a)		200		138,746
3.74%, 09/12/39(a)		275		205,219
3.90%, 07/12/47(a)		100		86,067
Cooperatieve Rabobank UA
5.25%, 05/24/41		120		124,752
5.25%, 08/04/45		250		232,290
Credit Suisse Group AG, 4.88%, 05/15/45		235		199,033
Fifth Third Bancorp., 8.25%, 03/01/38		157		176,269
Goldman Sachs Capital I, 6.35%, 02/15/34		20		20,306
Goldman Sachs Group Inc. (The)
2.91%, 07/21/42 (Call 07/21/41), (1-day SOFR + 1.472%)(c)		155		108,103
3.21%, 04/22/42 (Call 04/22/41), (1-day SOFR + 1.513%)(c)		190		138,907
3.44%, 02/24/43 (Call 02/24/42), (1-day SOFR + 1.632%)(c)		195		145,628
4.02%, 10/31/38 (Call 10/31/37), (3-mo. SOFR + 1.634%)(c)		353		297,692

2

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Banks (continued)
4.41%, 04/23/39 (Call 04/23/38), (3-mo. SOFR + 1.430%)(c)	$	231	$	201,310
4.75%, 10/21/45 (Call 04/21/45)		307		274,728
4.80%, 07/08/44 (Call 01/08/44)		331		299,446
5.15%, 05/22/45		310		286,536
6.25%, 02/01/41		231		246,833
6.45%, 05/01/36		60		62,980
6.75%, 10/01/37		473		504,975
HSBC Holdings PLC
5.25%, 03/14/44		375		336,626
6.33%, 03/09/44 (Call 03/09/43), (1-day SOFR + 2.650%)(c)		430		445,059
6.50%, 05/02/36		200		206,470
6.50%, 09/15/37		225		228,998
6.80%, 06/01/38		110		111,495
Intesa Sanpaolo SpA, 4.95%, 06/01/42 (Call 06/01/41), (1-year CMT + 2.750%)(a)(c)		85		55,220
JPMorgan Chase & Co.
2.53%, 11/19/41 (Call 11/19/40), (3-mo. SOFR + 1.510%)(c)		252		171,143
3.11%, 04/22/41 (Call 04/22/40), (3-mo. SOFR + 2.460%)(c)		300		224,145
3.11%, 04/22/51 (Call 04/22/50), (1-day SOFR + 2.440%)(c)		331		228,506
3.16%, 04/22/42 (Call 04/22/41), (1-day SOFR + 2.460%)(c)		140		104,905
3.33%, 04/22/52 (Call 04/22/51), (1-day SOFR + 1.580%)(c)		455		325,994
3.88%, 07/24/38 (Call 07/24/37), (3-mo. SOFR + 1.622%)(c)		352		302,526
3.90%, 01/23/49 (Call 01/23/48), (3-mo. SOFR + 1.482%)(c)		295		236,124
3.96%, 11/15/48 (Call 11/15/47), (3-mo. SOFR + 1.642%)(c)		260		210,725
4.03%, 07/24/48 (Call 07/24/47), (3-mo. SOFR + 1.722%)(c)		240		195,341
4.26%, 02/22/48 (Call 02/22/47), (3-mo. SOFR + 1.842%)(c)		145		124,568
4.85%, 02/01/44		25		23,551
4.95%, 06/01/45		190		175,932
5.40%, 01/06/42		115		115,313
5.50%, 10/15/40		96		97,458
5.60%, 07/15/41		214		221,999
5.63%, 08/16/43		140		141,557
6.40%, 05/15/38		238		265,684
Kreditanstalt fuer Wiederaufbau
0.00%, 04/18/36(d)		295		178,339
0.00%, 06/29/37(d)		275		158,136
Lloyds Banking Group PLC
4.34%, 01/09/48		200		149,730
5.30%, 12/01/45		200		174,422
Mitsubishi UFJ Financial Group Inc.
3.75%, 07/18/39		50		42,138
4.15%, 03/07/39		146		130,311
4.29%, 07/26/38		95		85,812
Morgan Stanley
2.80%, 01/25/52 (Call 01/25/51), (1-day SOFR + 1.430%)(c)		200		128,596
3.22%, 04/22/42 (Call 04/22/41), (1-day SOFR + 1.485%)(c)		265		198,718

Security	Par (000)		Value
Banks (continued)
3.97%, 07/22/38 (Call 07/22/37), (3-mo. LIBOR US + 1.455%)(c)	$	355	$	302,137
4.30%, 01/27/45		316		273,583
4.38%, 01/22/47		280		243,236
4.46%, 04/22/39 (Call 04/22/38), (3-mo. SOFR + 1.693%)(c)		142		127,338
5.60%, 03/24/51 (Call 03/24/50), (1-day SOFR + 4.840%)(c)		251		259,823
6.38%, 07/24/42		127		139,710
Regions Financial Corp., 7.38%, 12/10/37		25		26,431
Societe Generale SA
3.63%, 03/01/41(a)		200		125,970
4.03%, 01/21/43 (Call 01/21/42), (1-year CMT + 1.900%)(a)(c)		65		42,581
7.37%, 01/10/53(a)		55		52,928
Standard Chartered PLC, 5.70%, 03/26/44(a)		200		182,762
Sumitomo Mitsui Financial Group Inc.
2.93%, 09/17/41		50		35,296
3.05%, 01/14/42		100		72,482
UBS Group AG, 3.18%, 02/11/43 (Call 02/11/42), (1-year CMT + 1.100%)(a)(c)		370		258,904
Wachovia Corp., 5.50%, 08/01/35		165		162,423
Wells Fargo & Co.
3.07%, 04/30/41 (Call 04/30/40), (1-day SOFR + 2.530%)(c)		465		337,767
3.90%, 05/01/45		205		162,147
4.40%, 06/14/46		170		136,916
4.61%, 04/25/53 (Call 04/25/52), (1-day SOFR + 2.130%)(c)		410		353,937
4.65%, 11/04/44		175		148,220
4.75%, 12/07/46		300		252,057
4.90%, 11/17/45		198		172,311
5.01%, 04/04/51 (Call 04/04/50), (3-mo. SOFR + 4.502%)(c)		580		529,360
5.38%, 02/07/35		145		145,107
5.38%, 11/02/43		176		165,398
5.61%, 01/15/44		265		252,966
5.95%, 12/01/86		30		29,640
Wells Fargo Bank NA, 6.60%, 01/15/38		250		275,515
Westpac Banking Corp.
2.96%, 11/16/40		110		72,888
3.13%, 11/18/41		115		77,457
4.42%, 07/24/39		115		95,049
				20,740,080
Beverages — 1.3%
Anheuser-Busch Companies LLC/Anheuser-Busch InBev Worldwide Inc.
4.70%, 02/01/36 (Call 08/01/35)		528		517,181
4.90%, 02/01/46 (Call 08/01/45)		1,030		977,779
Anheuser-Busch InBev Finance Inc.
4.00%, 01/17/43(b)		15		12,966
4.63%, 02/01/44		100		92,275
4.70%, 02/01/36 (Call 08/01/35)		255		248,551
4.90%, 02/01/46 (Call 08/01/45)		150		141,462
Anheuser-Busch InBev Worldwide Inc.
4.35%, 06/01/40 (Call 12/01/39)		40		36,695
4.38%, 04/15/38 (Call 10/15/37)		195		182,836
4.44%, 10/06/48 (Call 04/06/48)		216		193,938
4.50%, 06/01/50 (Call 12/01/49)		115		104,052
4.60%, 04/15/48 (Call 10/15/47)		358		328,557

3

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Beverages (continued)
4.60%, 06/01/60 (Call 12/01/59)	$	105	$	93,869
4.75%, 04/15/58 (Call 10/15/57)		135		123,942
4.95%, 01/15/42		80		77,539
5.45%, 01/23/39 (Call 07/23/38)		240		249,276
5.55%, 01/23/49 (Call 07/23/48)		500		522,755
5.80%, 01/23/59 (Call 07/23/58)		185		199,152
8.20%, 01/15/39		40		52,108
Brown-Forman Corp.
4.00%, 04/15/38 (Call 10/15/37)		190		168,486
4.50%, 07/15/45 (Call 01/15/45)		47		42,934
Coca-Cola Co. (The)
2.50%, 06/01/40		131		97,907
2.50%, 03/15/51		165		110,967
2.60%, 06/01/50		165		114,188
2.75%, 06/01/60		185		126,102
2.88%, 05/05/41		100		77,867
3.00%, 03/05/51		165		123,306
4.20%, 03/25/50		110		101,838
Constellation Brands Inc.
3.75%, 05/01/50 (Call 11/01/49)		95		72,805
4.10%, 02/15/48 (Call 08/15/47)		70		56,083
4.50%, 05/09/47 (Call 11/09/46)		50		42,526
5.25%, 11/15/48 (Call 05/15/48)		40		37,537
Diageo Capital PLC
3.88%, 04/29/43 (Call 10/29/42)		85		72,082
5.88%, 09/30/36		45		48,962
Diageo Investment Corp.
4.25%, 05/11/42		177		160,427
7.45%, 04/15/35		50		60,917
Heineken NV
4.00%, 10/01/42(a)		15		12,521
4.35%, 03/29/47 (Call 09/29/46)(a)		90		76,493
Keurig Dr Pepper Inc.
3.35%, 03/15/51 (Call 09/15/50)		50		34,781
3.80%, 05/01/50 (Call 11/01/49)		130		99,921
4.42%, 12/15/46 (Call 06/15/46)		155		131,335
4.50%, 11/15/45 (Call 05/15/45)		40		34,778
4.50%, 04/15/52 (Call 10/15/51)		105		90,601
Molson Coors Beverage Co.
4.20%, 07/15/46 (Call 01/15/46)		254		204,821
5.00%, 05/01/42		115		106,435
PepsiCo Inc.
2.63%, 10/21/41 (Call 04/21/41)		80		60,062
2.75%, 10/21/51 (Call 04/21/51)		50		35,509
2.88%, 10/15/49 (Call 04/15/49)		175		128,936
3.38%, 07/29/49 (Call 01/29/49)		47		37,942
3.45%, 10/06/46 (Call 04/06/46)		124		101,190
3.50%, 03/19/40 (Call 09/19/39)		30		25,249
3.63%, 03/19/50 (Call 09/19/49)		264		220,569
3.88%, 03/19/60 (Call 09/19/59)		150		127,543
4.00%, 03/05/42		90		80,801
4.00%, 05/02/47 (Call 11/02/46)		110		100,409
4.20%, 07/18/52 (Call 01/18/52)		25		23,058
4.25%, 10/22/44 (Call 04/22/44)		5		4,562
4.45%, 04/14/46 (Call 10/14/45)		5		4,799
				7,412,182
Biotechnology — 0.9%
Amgen Inc.
2.77%, 09/01/53 (Call 03/01/53)		132		80,533
2.80%, 08/15/41 (Call 02/15/41)		215		151,059

Security	Par (000)		Value
Biotechnology (continued)
3.00%, 01/15/52 (Call 07/15/51)	$	125	$	81,777
3.15%, 02/21/40 (Call 08/21/39)		165		124,387
3.38%, 02/21/50 (Call 08/21/49)		225		160,506
4.20%, 02/22/52 (Call 08/22/51)		85		69,216
4.40%, 05/01/45 (Call 11/01/44)		280		236,821
4.40%, 02/22/62 (Call 08/22/61)		105		84,597
4.56%, 06/15/48 (Call 12/15/47)		110		95,707
4.66%, 06/15/51 (Call 12/15/50)		361		317,092
4.88%, 03/01/53 (Call 09/01/52)		180		162,515
4.95%, 10/01/41		86		79,167
5.15%, 11/15/41 (Call 05/15/41)		131		123,892
5.60%, 03/02/43 (Call 09/02/42)		260		257,611
5.65%, 06/15/42 (Call 12/15/41)		15		14,981
5.65%, 03/02/53 (Call 09/02/52)		435		434,608
5.75%, 03/02/63 (Call 09/02/62)		340		338,290
6.38%, 06/01/37		132		143,196
6.40%, 02/01/39		60		63,461
Biogen Inc.
3.15%, 05/01/50 (Call 11/01/49)		105		70,576
3.25%, 02/15/51 (Call 08/15/50)		114		77,951
5.20%, 09/15/45 (Call 03/15/45)		215		210,764
CSL Finance PLC
4.75%, 04/27/52 (Call 10/27/51)(a)		65		59,290
4.95%, 04/27/62 (Call 10/27/61)(a)		20		18,327
Gilead Sciences Inc.
2.80%, 10/01/50 (Call 04/01/50)		185		123,095
4.00%, 09/01/36 (Call 03/01/36)		230		208,999
4.15%, 03/01/47 (Call 09/01/46)		185		158,062
4.50%, 02/01/45 (Call 08/01/44)		205		184,793
4.60%, 09/01/35 (Call 03/01/35)		125		120,730
4.75%, 03/01/46 (Call 09/01/45)		308		287,949
4.80%, 04/01/44 (Call 10/01/43)		160		150,346
5.65%, 12/01/41 (Call 06/01/41)		10		10,434
Regeneron Pharmaceuticals Inc., 2.80%, 09/15/50 (Call 03/15/50)		145		92,353
Royalty Pharma PLC
3.30%, 09/02/40 (Call 03/02/40)		160		112,570
3.35%, 09/02/51 (Call 03/02/51)		55		34,921
3.55%, 09/02/50 (Call 03/02/50)(b)		120		79,572
				5,020,148
Building Materials — 0.2%
Carrier Global Corp.
3.38%, 04/05/40 (Call 10/05/39)		120		90,349
3.58%, 04/05/50 (Call 10/05/49)		305		219,261
CRH America Inc., 5.13%, 05/18/45 (Call 11/18/44)(a)		125		112,874
Fortune Brands Home & Security Inc., 4.50%, 03/25/52 (Call 09/25/51)		120		89,604
Johnson Controls International PLC
4.50%, 02/15/47 (Call 08/15/46)		130		110,815
4.63%, 07/02/44 (Call 01/02/44)		30		26,536
4.95%, 07/02/64 (Call 01/02/64)(e)		83		72,003
5.13%, 09/14/45 (Call 03/14/45)		50		47,075
6.00%, 01/15/36		40		41,888
Lafarge SA, 7.13%, 07/15/36		25		27,386
Martin Marietta Materials Inc.
3.20%, 07/15/51 (Call 01/15/51)		70		47,842
4.25%, 12/15/47 (Call 06/15/47)		80		65,744
Masco Corp.
3.13%, 02/15/51 (Call 08/15/50)		30		18,747
4.50%, 05/15/47 (Call 11/15/46)		97		77,579

4

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Building Materials (continued)
Owens Corning
4.30%, 07/15/47 (Call 01/15/47)	$	62	$	50,666
4.40%, 01/30/48 (Call 07/30/47)		25		20,483
7.00%, 12/01/36		20		22,117
Trane Technologies Global Holding Co. Ltd.
4.30%, 02/21/48 (Call 08/21/47)		25		20,815
5.75%, 06/15/43		110		111,393
Trane Technologies Luxembourg Finance SA, 4.65%, 11/01/44 (Call 05/01/44)		15		13,193
Vulcan Materials Co.
4.50%, 06/15/47 (Call 12/15/46)		40		34,281
4.70%, 03/01/48 (Call 09/01/47)		30		26,515
				1,347,166
Chemicals — 0.9%
Air Products and Chemicals Inc.
2.70%, 05/15/40 (Call 11/15/39)		120		89,152
2.80%, 05/15/50 (Call 11/15/49)		115		80,583
Albemarle Corp.
5.45%, 12/01/44 (Call 06/01/44)		45		41,731
5.65%, 06/01/52 (Call 12/01/51)		50		46,034
Ashland LLC, 6.88%, 05/15/43 (Call 02/15/43)		30		29,982
Braskem America Finance Co., 7.13%, 07/22/41 (Call 01/22/41)(f)		200		185,612
CF Industries Inc.
4.95%, 06/01/43		82		68,541
5.15%, 03/15/34		65		61,654
5.38%, 03/15/44		110		96,558
Dow Chemical Co. (The)
3.60%, 11/15/50 (Call 05/15/50)		40		29,002
4.38%, 11/15/42 (Call 05/15/42)		77		64,536
4.63%, 10/01/44 (Call 04/01/44)		120		103,036
4.80%, 05/15/49 (Call 11/15/48)		95		81,241
5.25%, 11/15/41 (Call 05/15/41)		126		119,263
5.55%, 11/30/48 (Call 05/30/48)		65		62,129
6.90%, 05/15/53 (Call 11/15/52)		165		183,739
9.40%, 05/15/39		38		50,587
DuPont de Nemours Inc.
5.32%, 11/15/38 (Call 05/15/38)		206		202,731
5.42%, 11/15/48 (Call 05/15/48)		190		186,063
Eastman Chemical Co.
4.65%, 10/15/44 (Call 04/15/44)		74		61,493
4.80%, 09/01/42 (Call 03/01/42)		50		43,226
Ecolab Inc.
2.70%, 12/15/51 (Call 06/15/51)		205		132,481
2.75%, 08/18/55 (Call 02/18/55)		92		57,286
3.95%, 12/01/47 (Call 06/01/47)		50		41,914
FMC Corp.
4.50%, 10/01/49 (Call 04/01/49)		65		50,334
6.38%, 05/18/53 (Call 11/18/52)		60		59,560
GC Treasury Center Co. Ltd., 4.30%, 03/18/51 (Call 09/18/50)(f)		200		147,656
ICL Group Ltd., 6.38%, 05/31/38 (Call 11/30/37)(a)(f)		90		89,912
International Flavors & Fragrances Inc.
3.27%, 11/15/40 (Call 05/15/40)(a)		130		89,744
4.38%, 06/01/47 (Call 12/01/46)		160		120,947
5.00%, 09/26/48 (Call 03/26/48)		65		53,932
Linde Inc./CT, 3.55%, 11/07/42 (Call 05/07/42)		115		92,896
LYB International Finance BV
4.88%, 03/15/44 (Call 09/15/43)		123		106,137
5.25%, 07/15/43		43		38,368

Security	Par (000)		Value
Chemicals (continued)
LYB International Finance III LLC
3.38%, 10/01/40 (Call 04/01/40)	$	125	$	89,872
3.63%, 04/01/51 (Call 10/01/50)		126		86,069
3.80%, 10/01/60 (Call 04/01/60)		30		19,735
4.20%, 10/15/49 (Call 04/15/49)		85		63,452
4.20%, 05/01/50 (Call 11/01/49)		145		108,173
LyondellBasell Industries NV, 4.63%, 02/26/55 (Call 08/26/54)		66		52,377
Methanex Corp., 5.65%, 12/01/44 (Call 06/01/44)		30		24,114
Mosaic Co. (The)
4.88%, 11/15/41 (Call 05/15/41)		30		25,391
5.45%, 11/15/33 (Call 05/15/33)		50		48,506
5.63%, 11/15/43 (Call 05/15/43)		70		64,251
Nutrien Ltd.
3.95%, 05/13/50 (Call 11/13/49)		30		22,713
4.13%, 03/15/35 (Call 09/15/34)		70		62,086
4.90%, 06/01/43 (Call 12/01/42)		40		35,522
5.00%, 04/01/49 (Call 10/01/48)		25		22,194
5.25%, 01/15/45 (Call 07/15/44)		70		64,396
5.63%, 12/01/40		41		39,606
5.80%, 03/27/53 (Call 09/27/52)		160		157,333
5.88%, 12/01/36		50		51,516
6.13%, 01/15/41 (Call 07/15/40)		25		25,397
OCP SA, 6.88%, 04/25/44(f)		200		182,716
Orbia Advance Corp. SAB de CV, 5.88%, 09/17/44(f)		200		172,128
RPM International Inc.
4.25%, 01/15/48 (Call 07/15/47)		30		22,678
5.25%, 06/01/45 (Call 12/01/44)		70		62,151
Sherwin-Williams Co. (The)
2.90%, 03/15/52 (Call 09/15/51)		55		34,188
3.30%, 05/15/50 (Call 11/15/49)		30		20,583
3.80%, 08/15/49 (Call 02/15/49)		80		60,178
4.00%, 12/15/42 (Call 06/15/42)		40		32,012
4.50%, 06/01/47 (Call 12/01/46)		120		102,454
4.55%, 08/01/45 (Call 02/01/45)		60		50,827
Sociedad Quimica y Minera de Chile SA, 3.50%, 09/10/51 (Call 03/10/51)(f)		200		136,034
Westlake Corp.
3.13%, 08/15/51 (Call 02/15/51)		160		98,627
4.38%, 11/15/47 (Call 05/15/47)		60		46,580
5.00%, 08/15/46 (Call 02/15/46)		131		112,247
				5,164,166
Coal — 0.1%
Teck Resources Ltd.
5.20%, 03/01/42 (Call 09/01/41)		25		22,408
5.40%, 02/01/43 (Call 08/01/42)		25		22,695
6.00%, 08/15/40 (Call 02/15/40)		100		97,010
6.13%, 10/01/35		100		101,497
6.25%, 07/15/41 (Call 01/15/41)		16		16,037
				259,647
Commercial Services — 0.8%
American University (The), Series 2019, 3.67%, 04/01/49		20		15,917
California Endowment (The), Series 2021, 2.50%, 04/01/51 (Call 10/01/50)		130		82,586
California Institute of Technology
3.65%, 09/01/2119 (Call 03/01/2119)		15		10,169
4.32%, 08/01/45		75		68,335
4.70%, 11/01/2111		110		94,700
Case Western Reserve University, 5.41%, 06/01/2122 (Call 12/01/2121)		5		4,823

5

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Commercial Services (continued)
DP World Ltd./United Arab Emirates
5.63%, 09/25/48(f)	$	200	$	185,792
6.85%, 07/02/37(a)		200		216,710
Duke University
Series 2020, 2.68%, 10/01/44		85		62,511
Series 2020, 2.76%, 10/01/50		40		27,698
Series 2020, 2.83%, 10/01/55		25		16,925
Emory University, Series 2020, 2.97%, 09/01/50 (Call 03/01/50)		45		32,007
ERAC USA Finance LLC
4.20%, 11/01/46 (Call 05/01/46)(a)		70		58,323
4.50%, 02/15/45 (Call 08/15/44)(a)		40		34,656
5.40%, 05/01/53(a)		60		58,982
5.63%, 03/15/42(a)		10		10,029
7.00%, 10/15/37(a)		155		179,902
Ford Foundation (The)
Series 2020, 2.42%, 06/01/50 (Call 12/01/49)		35		22,366
Series 2020, 2.82%, 06/01/70 (Call 12/01/69)		45		27,072
George Washington University (The)
4.87%, 09/15/45		90		85,441
Series 2014, 4.30%, 09/15/44		100		89,223
Series 2018, 4.13%, 09/15/48 (Call 03/15/48)		25		21,353
Georgetown University (The)
Series 20A, 2.94%, 04/01/50		45		30,473
Series B, 4.32%, 04/01/49 (Call 10/01/48)		136		118,146
Global Payments Inc.
4.15%, 08/15/49 (Call 02/15/49)		55		40,250
5.95%, 08/15/52 (Call 02/15/52)		150		139,626
Howard University, 5.21%, 10/01/52 (Call 10/01/32)		5		4,213
Johns Hopkins University
Series 2013, 4.08%, 07/01/53		50		43,673
Series A, 2.81%, 01/01/60 (Call 07/01/59)		55		35,642
Leland Stanford Junior University (The)
2.41%, 06/01/50 (Call 12/01/49)		20		13,032
3.65%, 05/01/48 (Call 11/01/47)		100		84,720
Massachusetts Institute of Technology
3.07%, 04/01/52 (Call 10/01/51)		135		100,418
3.89%, 07/01/2116		25		19,138
3.96%, 07/01/38		25		23,197
4.68%, 07/01/2114		30		27,415
5.60%, 07/01/2111		30		33,272
Series F, 2.99%, 07/01/50 (Call 01/01/50)		125		93,152
Series G, 2.29%, 07/01/51 (Call 01/01/51)(b)		45		28,262
Moody’s Corp.
3.10%, 11/29/61 (Call 05/29/61)		120		76,764
3.25%, 05/20/50 (Call 11/20/49)		45		31,683
3.75%, 02/25/52 (Call 08/25/51)		50		38,842
4.88%, 12/17/48 (Call 06/17/48)		25		22,970
5.25%, 07/15/44		51		49,381
Northeastern University, Series 2020, 2.89%, 10/01/50		30		20,359
Northwestern University
4.64%, 12/01/44		90		87,115
Series 2017, 3.66%, 12/01/57 (Call 06/01/57)		50		39,647
Series 2020, 2.64%, 12/01/50 (Call 06/01/50)		50		33,459
PayPal Holdings Inc.
3.25%, 06/01/50 (Call 12/01/49)		189		132,858
5.05%, 06/01/52 (Call 12/01/51)(b)		110		103,616
5.25%, 06/01/62 (Call 12/01/61)		30		28,119
President and Fellows of Harvard College
2.52%, 10/15/50 (Call 04/15/50)		70		47,169

Security	Par (000)		Value
Commercial Services (continued)
3.15%, 07/15/46 (Call 01/15/46)	$	45	$	34,750
3.30%, 07/15/56 (Call 01/15/56)		45		34,203
4.88%, 10/15/40		65		65,695
Quanta Services Inc., 3.05%, 10/01/41 (Call 04/01/41)		5		3,419
Rockefeller Foundation (The), Series 2020, 2.49%, 10/01/50 (Call 04/01/50)		130		83,616
S&P Global Inc.
2.30%, 08/15/60 (Call 02/15/60)		200		111,742
3.25%, 12/01/49 (Call 06/01/49)		86		63,127
3.70%, 03/01/52 (Call 09/01/51)		25		20,167
Thomas Jefferson University, 3.85%, 11/01/57 (Call 05/01/57)		25		18,096
Trustees of Boston University, Series CC, 4.06%, 10/01/48 (Call 04/01/48)		90		78,215
Trustees of Princeton University (The)
5.70%, 03/01/39		95		104,901
Series 2020, 2.52%, 07/01/50 (Call 01/01/50)		105		69,613
Trustees of the University of Pennsylvania (The)
3.61%, 02/15/2119 (Call 08/15/2118)		15		10,361
4.67%, 09/01/2112		15		13,372
University of Chicago (The)
3.00%, 10/01/52 (Call 04/01/52)		20		14,368
4.00%, 10/01/53 (Call 04/01/53)		150		126,693
Series 20B, 2.76%, 04/01/45 (Call 10/01/44)		5		3,860
Series C, 2.55%, 04/01/50 (Call 10/01/49)		10		6,731
University of Notre Dame du Lac
Series 2015, 3.44%, 02/15/45		165		131,502
Series 2017, 3.39%, 02/15/48 (Call 08/15/47)		61		49,572
University of Southern California
2.81%, 10/01/50 (Call 04/01/50)		100		68,603
3.03%, 10/01/39		145		117,087
5.25%, 10/01/2111(b)		50		50,062
Series 2017, 3.84%, 10/01/47 (Call 04/01/47)		110		94,794
Series 21A, 2.95%, 10/01/51 (Call 04/01/51)		15		10,573
Verisk Analytics Inc.
3.63%, 05/15/50 (Call 11/15/49)		30		21,435
5.50%, 06/15/45 (Call 12/15/44)		55		52,744
William Marsh Rice University, 3.57%, 05/15/45		140		117,232
Yale University, Series 2020, 2.40%, 04/15/50 (Call 10/15/49)		108		70,546
				4,599,210
Computers — 0.9%
Apple Inc.
2.38%, 02/08/41 (Call 08/08/40)		120		88,156
2.40%, 08/20/50 (Call 02/20/50)		105		68,762
2.55%, 08/20/60 (Call 02/20/60)		195		126,071
2.65%, 05/11/50 (Call 11/11/49)		228		156,910
2.65%, 02/08/51 (Call 08/08/50)		365		249,638
2.70%, 08/05/51 (Call 02/05/51)		175		120,893
2.80%, 02/08/61 (Call 08/08/60)		230		151,933
2.85%, 08/05/61 (Call 02/05/61)		105		70,138
2.95%, 09/11/49 (Call 03/11/49)		255		187,800
3.45%, 02/09/45		140		117,226
3.75%, 09/12/47 (Call 03/12/47)		100		85,475
3.75%, 11/13/47 (Call 05/13/47)		115		98,719
3.85%, 05/04/43		275		244,436
3.85%, 08/04/46 (Call 02/04/46)		175		153,223
3.95%, 08/08/52 (Call 02/08/52)		190		165,703
4.10%, 08/08/62 (Call 02/08/62)		205		177,559
4.25%, 02/09/47 (Call 08/09/46)		80		75,810
4.38%, 05/13/45		221		208,980
4.45%, 05/06/44		50		48,834

6

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Computers (continued)
4.50%, 02/23/36 (Call 08/23/35)(b)	$	260	$	266,393
4.65%, 02/23/46 (Call 08/23/45)		385		380,854
4.85%, 05/10/53		80		80,278
Crane NXT Co., 4.20%, 03/15/48 (Call 09/15/47)		50		33,716
Dell Inc., 6.50%, 04/15/38		50		50,848
Dell International LLC/EMC Corp.
3.38%, 12/15/41 (Call 06/15/41)(a)		75		51,656
3.45%, 12/15/51 (Call 06/15/51)(a)		170		109,239
8.10%, 07/15/36 (Call 01/15/36)		134		154,759
8.35%, 07/15/46 (Call 01/15/46)		48		56,650
Hewlett Packard Enterprise Co.
6.20%, 10/15/35 (Call 04/15/35)		78		82,553
6.35%, 10/15/45 (Call 04/15/45)		165		168,213
HP Inc., 6.00%, 09/15/41		132		131,279
International Business Machines Corp.
2.85%, 05/15/40 (Call 11/15/39)		100		71,892
3.43%, 02/09/52 (Call 08/09/51)		100		71,505
4.00%, 06/20/42		165		137,610
4.15%, 05/15/39		150		130,723
4.25%, 05/15/49		130		108,892
4.70%, 02/19/46		230		203,778
4.90%, 07/27/52 (Call 01/27/52)		155		141,802
5.60%, 11/30/39		135		137,931
7.13%, 12/01/96		40		50,012
Kyndryl Holdings Inc., 4.10%, 10/15/41 (Call 04/15/41)		55		35,344
Seagate HDD Cayman, 5.75%, 12/01/34 (Call 06/01/34)		60		52,472
				5,304,665
Cosmetics & Personal Care — 0.2%
Avon Products Inc., 8.45%, 03/15/43		25		25,948
Colgate-Palmolive Co.
3.70%, 08/01/47 (Call 02/01/47)		95		82,484
4.00%, 08/15/45		90		81,479
Estee Lauder Companies Inc. (The)
3.13%, 12/01/49 (Call 06/01/49)		106		77,080
4.15%, 03/15/47 (Call 09/15/46)		15		13,058
4.38%, 06/15/45 (Call 12/15/44)		20		17,808
6.00%, 05/15/37		35		38,706
GSK Consumer Healthcare Capital U.S. LLC, 4.00%, 03/24/52 (Call 09/24/51)		100		81,037
Kenvue Inc.
5.05%, 03/22/53 (Call 09/22/52)(a)		165		166,175
5.10%, 03/22/43 (Call 09/22/42)(a)		190		190,883
5.20%, 03/22/63 (Call 09/22/62)(a)		45		45,148
Procter & Gamble Co. (The)
3.55%, 03/25/40		55		48,152
3.60%, 03/25/50		155		130,543
5.55%, 03/05/37		75		83,948
				1,082,449
Distribution & Wholesale — 0.0%
WW Grainger Inc.
3.75%, 05/15/46 (Call 11/15/45)		30		23,907
4.20%, 05/15/47 (Call 11/15/46)		30		25,965
4.60%, 06/15/45 (Call 12/15/44)		125		116,412
				166,284
Diversified Financial Services — 0.8%
AerCap Ireland Capital DAC/AerCap Global Aviation Trust
3.40%, 10/29/33 (Call 07/29/33)		50		39,814
3.85%, 10/29/41 (Call 04/29/41)		150		112,024
American Express Co., 4.05%, 12/03/42		142		123,228
Ares Finance Co. IV LLC, 3.65%, 02/01/52 (Call 08/01/51)(a)		5		3,166

Security	Par (000)		Value
Diversified Financial Services (continued)
Blackstone Holdings Finance Co. LLC
2.80%, 09/30/50 (Call 03/30/50)(a)	$	25	$	14,158
2.85%, 08/05/51 (Call 02/05/51)(a)		125		71,285
3.20%, 01/30/52 (Call 07/30/51)(a)		15		9,404
3.50%, 09/10/49 (Call 03/10/49)(a)		130		85,251
4.00%, 10/02/47 (Call 04/02/47)(a)		60		44,236
4.45%, 07/15/45(a)		130		103,206
5.00%, 06/15/44(a)		40		34,289
Blue Owl Finance LLC, 4.13%, 10/07/51 (Call 04/07/51)(a)		15		9,359
Brookfield Finance Inc.
3.63%, 02/15/52 (Call 08/15/51)		60		40,072
4.70%, 09/20/47 (Call 03/20/47)		108		90,022
Brookfield Finance LLC, 3.45%, 04/15/50 (Call 10/15/49)		90		59,350
China Overseas Finance Cayman V Ltd., 5.35%, 11/15/42(f)		200		184,460
CI Financial Corp., 4.10%, 06/15/51 (Call 12/15/50)		140		83,411
CME Group Inc., 5.30%, 09/15/43 (Call 03/15/43)		187		192,610
Franklin Resources Inc., 2.95%, 08/12/51 (Call 02/12/51)		25		15,956
Intercontinental Exchange Inc.
2.65%, 09/15/40 (Call 03/15/40)		130		92,158
3.00%, 06/15/50 (Call 12/15/49)		232		158,523
3.00%, 09/15/60 (Call 03/15/60)		95		59,986
4.25%, 09/21/48 (Call 03/21/48)		145		123,736
4.95%, 06/15/52 (Call 12/15/51)		155		147,589
5.20%, 06/15/62 (Call 12/15/61)		125		124,365
Invesco Finance PLC, 5.38%, 11/30/43		45		43,534
Jefferies Financial Group Inc., 6.25%, 01/15/36		100		102,247
KKR Group Finance Co. II LLC, 5.50%, 02/01/43 (Call 08/01/42)(a)(b)		75		68,484
Legg Mason Inc., 5.63%, 01/15/44		110		107,213
Mastercard Inc.
2.95%, 03/15/51 (Call 09/15/50)		30		21,668
3.65%, 06/01/49 (Call 12/01/48)		90		74,027
3.80%, 11/21/46 (Call 05/21/46)		180		152,145
3.85%, 03/26/50 (Call 09/26/49)		190		161,468
3.95%, 02/26/48 (Call 08/26/47)		50		43,724
Nasdaq Inc.
2.50%, 12/21/40 (Call 06/21/40)		130		86,411
3.25%, 04/28/50 (Call 10/28/49)		115		78,374
3.95%, 03/07/52 (Call 09/07/51)		50		38,507
Navient Corp., 5.63%, 08/01/33		65		46,529
Neuberger Berman Group LLC/Neuberger Berman Finance Corp., 4.88%, 04/15/45 (Call 10/15/44)(a)		105		85,096
Raymond James Financial Inc.
3.75%, 04/01/51 (Call 10/01/50)		50		36,592
4.95%, 07/15/46		200		177,272
Rocket Mortgage LLC/Rocket Mortgage Co-Issuer Inc., 4.00%, 10/15/33 (Call 10/15/27)(a)		90		67,756
Visa Inc.
2.00%, 08/15/50 (Call 02/15/50)		105		64,236
2.70%, 04/15/40 (Call 10/15/39)		142		108,620
3.65%, 09/15/47 (Call 03/15/47)		200		168,992
4.15%, 12/14/35 (Call 06/14/35)		185		178,314
4.30%, 12/14/45 (Call 06/14/45)		432		401,211
Voya Financial Inc.
4.80%, 06/15/46		15		12,367
5.70%, 07/15/43		130		123,911
Western Union Co. (The), 6.20%, 11/17/36		91		91,320
				4,561,676
Electric — 5.7%
Abu Dhabi National Energy Co. PJSC, 4.00%, 10/03/49(f)		200		169,792

7

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Electric (continued)
Adani Transmission Ltd., 4.25%, 05/21/36(f)	$	163	$	126,550
AEP Texas Inc.
3.80%, 10/01/47 (Call 04/01/47)		35		26,142
5.25%, 05/15/52 (Call 11/15/51)		60		56,347
Series H, 3.45%, 01/15/50 (Call 07/15/49)		30		21,338
AEP Transmission Co. LLC
3.15%, 09/15/49 (Call 03/15/49)		5		3,489
3.75%, 12/01/47 (Call 06/01/47)		35		27,753
3.80%, 06/15/49 (Call 12/15/48)		65		51,382
4.00%, 12/01/46 (Call 06/01/46)		15		12,584
4.50%, 06/15/52 (Call 12/01/51)		30		26,533
5.40%, 03/15/53 (Call 09/15/52)		105		106,636
Series M, 3.65%, 04/01/50 (Call 10/01/49)		130		100,019
Alabama Power Co.
3.00%, 03/15/52 (Call 09/15/51)		135		90,037
3.13%, 07/15/51 (Call 01/15/51)		55		37,413
3.45%, 10/01/49 (Call 04/01/49)		65		47,479
3.75%, 03/01/45 (Call 09/01/44)		100		78,369
4.15%, 08/15/44 (Call 02/15/44)		75		62,443
4.30%, 01/02/46 (Call 07/02/45)		30		25,295
6.00%, 03/01/39		110		115,058
Series A, 4.30%, 07/15/48 (Call 01/15/48)		47		39,597
Series B, 3.70%, 12/01/47 (Call 06/01/47)		95		72,936
Ameren Illinois Co.
2.90%, 06/15/51 (Call 12/15/50)		30		20,108
3.25%, 03/15/50 (Call 09/15/49)		5		3,613
3.70%, 12/01/47 (Call 06/01/47)		40		32,056
4.15%, 03/15/46 (Call 09/15/45)		40		33,312
4.50%, 03/15/49 (Call 09/15/48)		25		22,416
5.90%, 12/01/52 (Call 06/01/52)		25		27,118
American Electric Power Co. Inc., 3.25%, 03/01/50 (Call 09/01/49)		55		37,193
American Transmission Systems Inc., 5.00%, 09/01/44 (Call 03/01/44)(a)		5		4,651
Appalachian Power Co.
4.40%, 05/15/44 (Call 11/15/43)		30		24,963
4.45%, 06/01/45 (Call 12/01/44)		15		12,484
7.00%, 04/01/38		86		97,550
Series Y, 4.50%, 03/01/49 (Call 09/01/48)		40		33,351
Arizona Public Service Co.
3.35%, 05/15/50 (Call 11/15/49)		75		51,005
3.50%, 12/01/49 (Call 06/01/49)		30		20,884
3.75%, 05/15/46 (Call 11/15/45)		85		62,596
4.20%, 08/15/48 (Call 02/15/48)		30		23,241
4.35%, 11/15/45 (Call 05/15/45)		25		19,946
4.50%, 04/01/42 (Call 10/01/41)		146		123,510
5.05%, 09/01/41 (Call 03/01/41)		30		27,200
Avista Corp.
4.00%, 04/01/52 (Call 10/01/51)		130		102,934
4.35%, 06/01/48 (Call 12/01/47)		95		82,476
Baltimore Gas & Electric Co.
2.90%, 06/15/50 (Call 12/15/49)		5		3,319
3.20%, 09/15/49 (Call 03/15/49)		25		17,835
3.50%, 08/15/46 (Call 02/15/46)		25		18,945
3.75%, 08/15/47 (Call 02/15/47)		45		35,010
4.25%, 09/15/48 (Call 03/15/48)		10		8,420
4.55%, 06/01/52 (Call 12/01/51)		55		48,811
6.35%, 10/01/36		100		109,644
Baltimore Gas and Electric Co., 5.40%, 06/01/53 (Call 12/01/52)		35		35,054

Security	Par (000)		Value
Electric (continued)
Basin Electric Power Cooperative, 4.75%, 04/26/47 (Call 10/26/46)(a)	$	30	$	25,298
Berkshire Hathaway Energy Co.
2.85%, 05/15/51 (Call 11/15/50)		130		85,371
3.80%, 07/15/48 (Call 01/15/48)		210		165,222
4.25%, 10/15/50 (Call 04/15/50)		125		104,862
4.45%, 01/15/49 (Call 07/15/48)		118		102,601
4.50%, 02/01/45 (Call 08/01/44)		138		121,244
4.60%, 05/01/53 (Call 11/01/52)		90		79,456
5.15%, 11/15/43 (Call 05/15/43)		35		33,581
5.95%, 05/15/37		160		169,542
6.13%, 04/01/36		201		217,134
Black Hills Corp.
3.88%, 10/15/49 (Call 04/15/49)		120		87,610
4.20%, 09/15/46 (Call 03/15/46)		55		42,908
CenterPoint Energy Houston Electric LLC
3.55%, 08/01/42 (Call 02/01/42)		65		51,467
3.95%, 03/01/48 (Call 09/01/47)		30		24,621
4.50%, 04/01/44 (Call 10/01/43)		185		165,727
5.30%, 04/01/53 (Call 10/01/52)		130		132,177
Series AC, 4.25%, 02/01/49 (Call 08/01/48)		40		34,752
Series AD, 2.90%, 07/01/50 (Call 01/01/50)		15		10,080
CenterPoint Energy Inc., 3.70%, 09/01/49 (Call 03/01/49)		40		29,596
Cleco Corporate Holdings LLC, 4.97%, 05/01/46 (Call 11/01/45)		40		33,306
Cleveland Electric Illuminating Co. (The), 5.95%, 12/15/36		73		73,504
CMS Energy Corp., 4.88%, 03/01/44 (Call 09/01/43)		35		31,876
Comision Federal de Electricidad
4.68%, 02/09/51 (Call 08/09/50)(f)		200		132,916
5.75%, 02/14/42(f)		200		167,460
Commonwealth Edison Co.
3.00%, 03/01/50 (Call 09/01/49)		75		51,299
3.65%, 06/15/46 (Call 12/15/45)		75		58,522
3.70%, 03/01/45 (Call 09/01/44)		30		23,544
4.00%, 03/01/48 (Call 09/01/47)		100		82,838
4.00%, 03/01/49 (Call 09/01/48)		40		32,780
4.35%, 11/15/45 (Call 05/15/45)		60		52,055
4.70%, 01/15/44 (Call 07/15/43)		45		41,395
5.90%, 03/15/36		65		68,665
6.45%, 01/15/38		30		33,543
Series 123, 3.75%, 08/15/47 (Call 02/15/47)		65		51,232
Series 127, 3.20%, 11/15/49 (Call 05/15/49)		250		177,137
Series 131, 2.75%, 09/01/51 (Call 03/01/51)		50		32,237
Series 133, 3.85%, 03/15/52 (Call 09/15/51)		55		43,725
Connecticut Light & Power Co. (The)
4.00%, 04/01/48 (Call 10/01/47)		15		12,477
4.30%, 04/15/44 (Call 10/15/43)		35		30,296
5.25%, 01/15/53 (Call 07/15/52)		55		55,224
Series A, 4.15%, 06/01/45 (Call 12/01/44)		15		12,630
Consolidated Edison Co. of New York Inc.
3.60%, 06/15/61 (Call 12/15/60)		50		35,683
3.70%, 11/15/59 (Call 05/15/59)		20		14,341
3.85%, 06/15/46 (Call 12/15/45)		95		73,831
3.95%, 03/01/43 (Call 09/01/42)		140		114,121
4.45%, 03/15/44 (Call 09/15/43)		145		125,977
4.50%, 12/01/45 (Call 06/01/45)		155		133,670
4.50%, 05/15/58 (Call 11/15/57)		110		91,689
4.63%, 12/01/54 (Call 06/01/54)		55		46,911
6.15%, 11/15/52 (Call 05/15/52)		105		113,238
Series 06-A, 5.85%, 03/15/36		100		103,652

8

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Electric (continued)
Series 08-B, 6.75%, 04/01/38	$	35	$	39,750
Series 2017, 3.88%, 06/15/47 (Call 12/15/46)		90		70,419
Series A, 4.13%, 05/15/49 (Call 11/15/48)		160		130,342
Series C, 4.00%, 11/15/57 (Call 05/15/57)		55		42,732
Series C, 4.30%, 12/01/56 (Call 06/01/56)		160		127,405
Series E, 4.65%, 12/01/48 (Call 06/01/48)		55		48,493
Consorcio Transmantaro SA, 5.20%, 04/11/38 (Call 01/11/38)(f)		200		182,784
Constellation Energy Generation LLC
5.60%, 06/15/42 (Call 12/15/41)		85		82,157
6.25%, 10/01/39		103		106,724
Consumers Energy Co.
2.50%, 05/01/60 (Call 11/01/59)		25		14,186
3.10%, 08/15/50 (Call 02/15/50)		106		74,961
3.50%, 08/01/51 (Call 02/01/51)		75		56,651
4.05%, 05/15/48 (Call 11/15/47)		90		75,500
4.20%, 09/01/52 (Call 03/01/52)		120		102,196
4.35%, 04/15/49 (Call 10/15/48)		60		52,796
Dayton Power & Light Co. (The), 3.95%, 06/15/49 (Call 12/15/48)		35		27,513
Dominion Energy Inc.
4.70%, 12/01/44 (Call 06/01/44)		15		12,956
7.00%, 06/15/38		35		38,868
Series A, 4.60%, 03/15/49 (Call 09/15/48)		40		33,831
Series B, 5.95%, 06/15/35		130		135,236
Series C, 4.05%, 09/15/42 (Call 03/15/42)		50		39,438
Series C, 4.90%, 08/01/41 (Call 02/01/41)		50		44,282
Dominion Energy South Carolina Inc.
4.60%, 06/15/43 (Call 12/15/42)		65		58,301
5.10%, 06/01/65 (Call 12/01/64)		35		33,560
5.45%, 02/01/41 (Call 08/01/40)		25		24,673
6.05%, 01/15/38		66		71,360
DTE Electric Co.
2.95%, 03/01/50 (Call 09/01/49)		40		27,207
3.70%, 03/15/45 (Call 09/15/44)		55		43,579
3.70%, 06/01/46 (Call 12/01/45)		5		3,869
3.75%, 08/15/47 (Call 02/15/47)		135		106,437
3.95%, 03/01/49 (Call 09/01/48)		75		61,561
4.30%, 07/01/44 (Call 01/01/44)		30		26,036
5.40%, 04/01/53 (Call 10/01/52)		110		111,875
Series A, 4.00%, 04/01/43 (Call 10/01/42)		25		20,908
Series A, 4.05%, 05/15/48 (Call 11/15/47)		40		33,244
Series B, 3.25%, 04/01/51 (Call 10/01/50)		140		100,353
Series B, 3.65%, 03/01/52 (Call 09/01/51)		10		7,716
Duke Energy Carolinas LLC
3.20%, 08/15/49 (Call 02/15/49)		40		28,432
3.45%, 04/15/51 (Call 10/15/50)		15		11,016
3.55%, 03/15/52 (Call 09/15/51)		35		26,519
3.70%, 12/01/47 (Call 06/01/47)		40		30,994
3.75%, 06/01/45 (Call 12/01/44)		75		58,905
3.88%, 03/15/46 (Call 09/15/45)		80		64,165
3.95%, 03/15/48 (Call 09/15/47)		45		36,499
4.00%, 09/30/42 (Call 03/30/42)		100		82,729
4.25%, 12/15/41 (Call 06/15/41)		40		34,696
5.30%, 02/15/40		25		25,212
5.35%, 01/15/53 (Call 07/15/52)		65		64,999
6.00%, 01/15/38		55		58,550
6.05%, 04/15/38		35		37,468
Duke Energy Corp.
3.30%, 06/15/41 (Call 12/15/40)		75		55,022

Security	Par (000)		Value
Electric (continued)
3.50%, 06/15/51 (Call 12/15/50)	$	65	$	45,913
3.75%, 09/01/46 (Call 03/01/46)		100		75,166
3.95%, 08/15/47 (Call 02/15/47)		245		187,102
4.20%, 06/15/49 (Call 12/15/48)		40		31,596
4.80%, 12/15/45 (Call 06/15/45)		45		40,168
5.00%, 08/15/52 (Call 02/15/52)		120		107,063
Duke Energy Florida LLC
3.00%, 12/15/51 (Call 06/15/51)		45		30,492
3.40%, 10/01/46 (Call 04/01/46)		50		37,043
3.85%, 11/15/42 (Call 05/15/42)		50		40,872
4.20%, 07/15/48 (Call 01/15/48)		30		25,318
5.65%, 04/01/40		30		30,991
5.95%, 11/15/52 (Call 05/15/52)		40		43,396
6.35%, 09/15/37		200		220,444
6.40%, 06/15/38		150		166,753
Duke Energy Indiana LLC
2.75%, 04/01/50 (Call 10/01/49)		55		34,948
3.75%, 05/15/46 (Call 11/15/45)		40		31,069
5.40%, 04/01/53 (Call 10/01/52)		75		74,612
6.12%, 10/15/35		35		36,813
6.35%, 08/15/38		35		39,135
6.45%, 04/01/39		30		33,033
Series YYY, 3.25%, 10/01/49 (Call 04/01/49)		135		95,380
Duke Energy Ohio Inc.
4.30%, 02/01/49 (Call 08/01/48)		5		4,158
5.65%, 04/01/53 (Call 10/01/52)		35		35,670
Duke Energy Progress LLC
2.50%, 08/15/50 (Call 02/15/50)		55		33,789
2.90%, 08/15/51 (Call 02/15/51)		50		32,770
3.60%, 09/15/47 (Call 03/15/47)		140		106,484
3.70%, 10/15/46 (Call 04/15/46)		125		96,486
4.10%, 05/15/42 (Call 11/15/41)		65		54,944
4.10%, 03/15/43 (Call 09/15/42)		50		42,000
4.15%, 12/01/44 (Call 06/01/44)		65		54,005
4.20%, 08/15/45 (Call 02/15/45)		130		108,425
4.38%, 03/30/44 (Call 09/30/43)		40		34,782
5.35%, 03/15/53 (Call 09/15/52)		40		40,032
6.30%, 04/01/38		50		54,731
E.ON International Finance BV, 6.65%, 04/30/38(a)		55		58,692
El Paso Electric Co.
5.00%, 12/01/44 (Call 06/01/44)		15		13,308
6.00%, 05/15/35		26		26,493
Electricite de France SA
4.75%, 10/13/35 (Call 04/13/35)(a)(b)		95		82,980
4.88%, 01/22/44(a)		90		72,931
4.95%, 10/13/45 (Call 04/13/45)(a)		145		117,128
5.00%, 09/21/48 (Call 03/21/48)(a)		90		73,037
5.25%, 10/13/55 (Call 04/13/55)(a)		25		20,624
5.60%, 01/27/40(a)		90		81,699
6.00%, 01/22/2114(a)		65		57,526
6.95%, 01/26/39(a)		355		371,252
Emera U.S. Finance LP, 4.75%, 06/15/46 (Call 12/15/45)		75		59,657
Empresa de Transmision Electrica SA, 5.13%, 05/02/49(f)		200		160,604
Enel Finance America LLC, 2.88%, 07/12/41 (Call 01/12/41)(a)		200		128,764
Enel Finance International NV
4.75%, 05/25/47(a)		85		69,816
5.50%, 06/15/52 (Call 12/15/51)(a)		195		170,828
6.00%, 10/07/39(a)		15		14,609
6.80%, 09/15/37(a)		205		215,006

9

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Electric (continued)
Entergy Arkansas LLC
2.65%, 06/15/51 (Call 12/15/50)	$	35	$	21,708
3.35%, 06/15/52 (Call 12/15/51)		45		31,812
4.20%, 04/01/49 (Call 10/01/48)		40		33,278
Entergy Corp., 3.75%, 06/15/50 (Call 12/15/49)		145		105,957
Entergy Louisiana LLC
2.90%, 03/15/51 (Call 09/15/50)		60		39,370
3.10%, 06/15/41 (Call 12/15/40)		50		37,418
4.20%, 09/01/48 (Call 03/01/48)		175		145,598
4.20%, 04/01/50 (Call 10/01/49)		75		62,034
4.95%, 01/15/45 (Call 01/15/25)		90		82,341
Entergy Mississippi LLC, 3.85%, 06/01/49 (Call 12/01/48)		24		18,527
Entergy Texas Inc.
3.55%, 09/30/49 (Call 03/30/49)		75		55,034
4.50%, 03/30/39 (Call 09/30/38)		35		31,434
5.00%, 09/15/52 (Call 03/15/52)		40		37,282
Evergy Kansas Central Inc.
3.25%, 09/01/49 (Call 03/01/49)		25		17,454
3.45%, 04/15/50 (Call 10/15/49)		10		7,244
4.10%, 04/01/43 (Call 10/01/42)		140		116,505
4.13%, 03/01/42 (Call 09/01/41)		56		46,932
4.25%, 12/01/45 (Call 06/01/45)		5		4,114
5.70%, 03/15/53 (Call 09/15/52)		60		60,557
Evergy Metro Inc.
4.20%, 06/15/47 (Call 12/15/46)		55		45,126
5.30%, 10/01/41 (Call 04/01/41)		40		38,775
Series 2019, 4.13%, 04/01/49 (Call 10/01/48)		130		105,085
Eversource Energy, 3.45%, 01/15/50 (Call 07/15/49)		85		61,515
Exelon Corp.
4.10%, 03/15/52 (Call 09/15/51)		85		67,135
4.45%, 04/15/46 (Call 10/15/45)		50		42,152
4.70%, 04/15/50 (Call 10/15/49)		120		104,258
5.10%, 06/15/45 (Call 12/15/44)		90		82,544
5.60%, 03/15/53 (Call 09/15/52)		115		113,630
5.63%, 06/15/35		70		71,422
Exelon Generation Co. LLC, 5.75%, 10/01/41 (Call 04/01/41)		40		38,369
FirstEnergy Corp.
Series C, 3.40%, 03/01/50 (Call 09/01/49)		90		60,039
Series C, 5.10%, 07/15/47 (Call 01/15/47)		80		70,954
FirstEnergy Transmission LLC
4.55%, 04/01/49 (Call 10/01/48)(a)		110		89,838
5.45%, 07/15/44 (Call 01/15/44)(a)		45		41,758
Florida Power & Light Co.
2.88%, 12/04/51 (Call 06/04/51)		85		57,644
3.70%, 12/01/47 (Call 06/01/47)		165		132,429
3.80%, 12/15/42 (Call 06/15/42)		145		120,653
3.95%, 03/01/48 (Call 09/01/47)		110		91,672
3.99%, 03/01/49 (Call 09/01/48)		30		25,016
4.05%, 06/01/42 (Call 12/01/41)		60		51,621
4.05%, 10/01/44 (Call 04/01/44)		35		29,849
4.13%, 02/01/42 (Call 08/01/41)		105		91,182
4.13%, 06/01/48 (Call 12/01/47)		45		38,325
5.25%, 02/01/41 (Call 08/01/40)		60		60,148
5.30%, 04/01/53 (Call 10/01/52)		145		148,345
5.65%, 02/01/37		115		120,988
5.69%, 03/01/40		45		47,567
5.95%, 02/01/38		30		32,487
5.96%, 04/01/39		25		26,951
Georgia Power Co.
4.30%, 03/15/42		110		93,721

Security	Par (000)		Value
Electric (continued)
4.30%, 03/15/43	$	25	$	21,027
5.13%, 05/15/52 (Call 11/15/51)		25		23,900
Series 10-C, 4.75%, 09/01/40		50		45,758
Series A, 3.25%, 03/15/51 (Call 09/15/50)		85		58,696
Series B, 3.70%, 01/30/50 (Call 07/30/49)		120		90,574
Great River Energy
6.25%, 07/01/38(a)		82		86,463
7.23%, 07/01/38(a)		28		32,127
Iberdrola International BV, 6.75%, 07/15/36		60		68,591
Idaho Power Co.
5.50%, 03/15/53 (Call 09/15/52)		115		117,913
Series K, 4.20%, 03/01/48 (Call 09/01/47)		5		4,215
Indiana Michigan Power Co.
4.25%, 08/15/48 (Call 02/15/48)		10		8,356
5.63%, 04/01/53 (Call 10/01/52)		170		173,595
Series K, 4.55%, 03/15/46 (Call 09/15/45)		71		61,455
Indianapolis Power & Light Co., 4.05%, 05/01/46 (Call 11/01/45)(a)		41		33,499
Infraestructura Energetica Nova SAB de CV, 4.75%, 01/15/51 (Call 07/15/50)(f)		200		148,416
Interchile SA, 4.50%, 06/30/56 (Call 12/30/55)(f)		200		163,838
Interstate Power & Light Co.
3.10%, 11/30/51 (Call 05/30/51)		90		59,107
3.50%, 09/30/49 (Call 03/30/49)		25		18,107
6.25%, 07/15/39		40		42,706
ITC Holdings Corp., 5.30%, 07/01/43 (Call 01/01/43)		30		28,260
John Sevier Combined Cycle Generation LLC, 4.63%, 01/15/42		8		7,912
Kentucky Utilities Co.
3.30%, 06/01/50 (Call 12/01/49)		35		24,703
4.38%, 10/01/45 (Call 04/01/45)		100		83,661
5.13%, 11/01/40 (Call 05/01/40)		100		95,696
Louisville Gas & Electric Co., 4.25%, 04/01/49 (Call 10/01/48)		120		99,822
Massachusetts Electric Co.
4.00%, 08/15/46 (Call 02/15/46)(a)		5		3,788
5.90%, 11/15/39(a)		30		30,581
MidAmerican Energy Co.
2.70%, 08/01/52 (Call 02/01/52)		100		64,580
3.15%, 04/15/50 (Call 10/15/49)		65		46,212
3.65%, 08/01/48 (Call 02/01/48)		65		50,739
3.95%, 08/01/47 (Call 02/01/47)		155		127,670
4.25%, 05/01/46 (Call 11/01/45)		5		4,274
4.25%, 07/15/49 (Call 01/15/49)		95		81,640
4.80%, 09/15/43 (Call 03/15/43)		25		23,358
5.75%, 11/01/35		25		26,514
5.80%, 10/15/36		25		26,796
Minejesa Capital BV, 5.63%, 08/10/37(f)		200		158,056
Mississippi Power Co.
Series 12-A, 4.25%, 03/15/42		130		108,191
Series B, 3.10%, 07/30/51 (Call 01/30/51)		50		33,167
Monongahela Power Co., 5.40%, 12/15/43 (Call 06/15/43)(a)		30		29,389
National Grid USA, 5.80%, 04/01/35		50		50,895
National Rural Utilities Cooperative Finance Corp.
4.30%, 03/15/49 (Call 09/15/48)		35		29,440
4.40%, 11/01/48 (Call 05/01/48)		30		25,253
Nevada Power Co., Series R, 6.75%, 07/01/37		40		45,685
New England Power Co.
2.81%, 10/06/50 (Call 04/06/50)(a)		10		6,365
3.80%, 12/05/47 (Call 06/05/47)(a)		99		77,508

10

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Electric (continued)
NextEra Energy Capital Holdings Inc.
3.00%, 01/15/52 (Call 07/15/51)	$	35	$	22,883
5.25%, 02/28/53 (Call 08/28/52)		150		141,906
Niagara Mohawk Power Corp.
3.03%, 06/27/50 (Call 12/27/49)(a)		45		29,224
4.12%, 11/28/42(a)		25		19,846
5.78%, 09/16/52 (Call 03/16/52)(a)		160		160,016
Northern States Power Co./MN
2.60%, 06/01/51 (Call 12/01/50)		100		64,107
2.90%, 03/01/50 (Call 09/01/49)		15		10,281
3.20%, 04/01/52 (Call 10/01/51)		130		92,869
3.40%, 08/15/42 (Call 02/15/42)		66		51,720
3.60%, 05/15/46 (Call 11/15/45)		70		54,326
3.60%, 09/15/47 (Call 03/15/47)		50		39,368
4.00%, 08/15/45 (Call 02/15/45)		15		12,322
4.13%, 05/15/44 (Call 11/15/43)		240		205,800
4.50%, 06/01/52 (Call 12/01/51)		10		8,974
5.35%, 11/01/39		30		30,440
NorthWestern Corp., 4.18%, 11/15/44 (Call 05/15/44)		25		20,981
NSTAR Electric Co.
3.10%, 06/01/51 (Call 12/01/50)		25		17,252
4.40%, 03/01/44 (Call 09/01/43)		50		44,330
4.55%, 06/01/52 (Call 12/01/51)		135		121,000
4.95%, 09/15/52 (Call 03/15/52)		15		14,390
5.50%, 03/15/40		10		10,113
Oglethorpe Power Corp.
4.50%, 04/01/47		20		16,448
5.38%, 11/01/40		150		139,960
5.95%, 11/01/39		47		46,694
Ohio Edison Co., 6.88%, 07/15/36		35		39,185
Ohio Power Co.
4.00%, 06/01/49 (Call 12/01/48)		180		144,995
4.15%, 04/01/48 (Call 10/01/47)		60		49,453
Oklahoma Gas & Electric Co.
3.85%, 08/15/47 (Call 02/15/47)		15		11,620
4.15%, 04/01/47 (Call 10/01/46)		35		28,472
5.60%, 04/01/53 (Call 10/01/52)		85		85,370
Oncor Electric Delivery Co. LLC
2.70%, 11/15/51 (Call 05/15/51)		50		32,455
3.10%, 09/15/49 (Call 03/15/49)		105		74,235
3.70%, 05/15/50 (Call 11/15/49)		45		35,651
3.75%, 04/01/45 (Call 10/01/44)		90		73,270
3.80%, 09/30/47 (Call 03/30/47)		85		67,145
3.80%, 06/01/49 (Call 12/01/48)		40		32,161
4.10%, 11/15/48 (Call 05/15/48)		130		109,869
4.55%, 12/01/41 (Call 06/01/41)		50		46,149
4.60%, 06/01/52 (Call 12/01/51)		30		27,108
4.95%, 09/15/52 (Call 03/15/52)		50		47,781
5.30%, 06/01/42 (Call 12/01/41)		40		40,504
7.50%, 09/01/38		35		43,087
Pacific Gas and Electric Co.
3.30%, 08/01/40 (Call 02/01/40)		145		97,183
3.50%, 08/01/50 (Call 02/01/50)		190		118,446
3.75%, 08/15/42 (Call 02/15/42)		45		30,658
3.95%, 12/01/47 (Call 06/01/47)		110		74,282
4.00%, 12/01/46 (Call 06/01/46)		5		3,345
4.20%, 06/01/41 (Call 12/01/40)		155		115,295
4.25%, 03/15/46 (Call 09/15/45)		15		10,580
4.30%, 03/15/45 (Call 09/15/44)		35		24,963
4.50%, 07/01/40 (Call 01/01/40)		130		100,850

Security	Par (000)		Value
Electric (continued)
4.75%, 02/15/44 (Call 08/15/43)	$	65	$	49,875
4.95%, 07/01/50 (Call 01/01/50)		265		206,355
5.25%, 03/01/52 (Call 09/01/51)		60		48,262
6.70%, 04/01/53 (Call 10/01/52)		130		126,753
6.75%, 01/15/53 (Call 07/15/52)		215		210,909
PacifiCorp
2.90%, 06/15/52 (Call 12/15/51)		5		3,267
3.30%, 03/15/51 (Call 09/15/50)		85		60,434
4.10%, 02/01/42 (Call 08/01/41)		40		33,830
4.13%, 01/15/49 (Call 07/15/48)		60		49,570
4.15%, 02/15/50 (Call 08/15/49)		35		28,856
5.35%, 12/01/53 (Call 06/01/53)		80		79,277
5.50%, 05/15/54		80		80,746
5.75%, 04/01/37		95		99,173
6.00%, 01/15/39		80		83,659
6.10%, 08/01/36		35		37,470
6.25%, 10/15/37		110		119,723
6.35%, 07/15/38		25		27,531
PECO Energy Co.
3.00%, 09/15/49 (Call 03/15/49)		40		27,539
3.70%, 09/15/47 (Call 03/15/47)		85		66,675
3.90%, 03/01/48 (Call 09/01/47)		50		40,973
4.15%, 10/01/44 (Call 04/01/44)		20		16,920
4.60%, 05/15/52 (Call 11/15/51)		40		36,292
5.95%, 10/01/36		110		116,954
Perusahaan Listrik Negara PT, 4.88%, 07/17/49(f)		200		163,052
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara
5.25%, 10/24/42(b)(f)		200		177,510
6.15%, 05/21/48(f)		200		194,322
PG&E Wildfire Recovery Funding LLC, Series A-5, 5.10%, 06/01/54		425		428,247
Potomac Electric Power Co.
4.15%, 03/15/43 (Call 09/15/42)		60		51,893
6.50%, 11/15/37		45		50,562
PPL Electric Utilities Corp.
3.95%, 06/01/47 (Call 12/01/46)		25		20,778
4.13%, 06/15/44 (Call 12/15/43)		40		33,754
4.75%, 07/15/43 (Call 01/15/43)		50		46,362
5.25%, 05/15/53 (Call 11/15/52)		130		130,662
6.25%, 05/15/39		10		10,898
Progress Energy Inc., 6.00%, 12/01/39		25		25,164
Public Service Co. of Colorado
3.60%, 09/15/42 (Call 03/15/42)		25		19,956
4.05%, 09/15/49 (Call 03/15/49)		30		24,521
4.10%, 06/15/48 (Call 12/15/47)		30		24,861
4.30%, 03/15/44 (Call 09/15/43)		25		21,784
4.50%, 06/01/52 (Call 12/01/51)		10		8,862
5.25%, 04/01/53 (Call 10/01/52)		130		128,669
6.50%, 08/01/38		30		33,594
Series 17, 6.25%, 09/01/37		106		116,043
Series 34, 3.20%, 03/01/50 (Call 09/01/49)		30		21,560
Series 36, 2.70%, 01/15/51 (Call 07/15/50)		25		16,185
Public Service Co. of New Hampshire
3.60%, 07/01/49 (Call 01/01/49)		55		42,555
5.15%, 01/15/53 (Call 07/15/52)		35		34,810
Public Service Co. of Oklahoma, Series K, 3.15%, 08/15/51 (Call 02/15/51)		10		6,669
Public Service Electric & Gas Co.
2.05%, 08/01/50 (Call 02/01/50)		50		28,480
2.70%, 05/01/50 (Call 11/01/49)		25		16,538

11

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Electric (continued)
3.20%, 08/01/49 (Call 02/01/49)	$	35	$	25,568
3.60%, 12/01/47 (Call 06/01/47)		75		58,218
3.80%, 03/01/46 (Call 09/01/45)		60		48,014
3.85%, 05/01/49 (Call 11/01/48)		40		32,569
3.95%, 05/01/42 (Call 11/01/41)		75		63,022
5.13%, 03/15/53 (Call 09/15/52)		170		168,453
5.80%, 05/01/37		30		31,906
Puget Sound Energy Inc.
3.25%, 09/15/49 (Call 03/15/49)		75		52,972
4.22%, 06/15/48 (Call 12/15/47)		53		44,558
4.30%, 05/20/45 (Call 11/20/44)		30		25,018
5.64%, 04/15/41 (Call 10/15/40)		36		36,368
5.76%, 10/01/39		35		35,523
6.27%, 03/15/37		45		48,572
Ruwais Power Co. PJSC, 6.00%, 08/31/36(f)		200		211,278
San Diego Gas & Electric Co.
3.70%, 03/15/52 (Call 09/15/51)		25		19,370
4.15%, 05/15/48 (Call 11/15/47)		195		162,681
4.50%, 08/15/40		65		59,728
5.35%, 04/01/53 (Call 10/01/52)		175		172,921
6.00%, 06/01/39		30		31,565
Series RRR, 3.75%, 06/01/47 (Call 12/01/46)		15		11,732
Series UUU, 3.32%, 04/15/50 (Call 10/15/49)		30		21,533
Series WWW, 2.95%, 08/15/51 (Call 02/15/51)		15		10,133
Saudi Electricity Global Sukuk Co. 2, 5.06%, 04/08/43(f)		200		191,664
Sempra Energy
3.80%, 02/01/38 (Call 08/01/37)		110		91,764
4.00%, 02/01/48 (Call 08/01/47)		76		59,112
6.00%, 10/15/39		90		91,337
Southern California Edison Co.
3.45%, 02/01/52 (Call 08/01/51)		35		24,902
3.65%, 02/01/50 (Call 08/01/49)		135		100,486
4.00%, 04/01/47 (Call 10/01/46)		125		98,419
4.05%, 03/15/42 (Call 09/15/41)		186		149,650
4.50%, 09/01/40 (Call 03/01/40)		40		34,522
4.65%, 10/01/43 (Call 04/01/43)		90		78,693
5.50%, 03/15/40		50		48,592
5.70%, 03/01/53 (Call 09/01/52)		50		49,766
5.88%, 12/01/53 (Call 06/01/53)		60		61,033
6.00%, 01/15/34		70		73,496
6.05%, 03/15/39		60		62,251
Series 05-E, 5.35%, 07/15/35		60		58,742
Series 06-E, 5.55%, 01/15/37		30		30,043
Series 08-A, 5.95%, 02/01/38		96		99,227
Series 13-A, 3.90%, 03/15/43 (Call 09/15/42)		215		170,594
Series 20A, 2.95%, 02/01/51 (Call 08/01/50)		25		16,105
Series B, 4.88%, 03/01/49 (Call 09/01/48)		55		49,062
Series C, 3.60%, 02/01/45 (Call 08/01/44)		70		51,064
Series C, 4.13%, 03/01/48 (Call 09/01/47)		125		100,590
Series E, 5.45%, 06/01/52 (Call 12/01/51)		10		9,631
Series H, 3.65%, 06/01/51 (Call 12/01/50)		30		22,263
Southern Co. (The)
4.25%, 07/01/36 (Call 01/01/36)		75		67,008
4.40%, 07/01/46 (Call 01/01/46)		100		83,772
Southern Power Co.
5.15%, 09/15/41		55		51,149
Series F, 4.95%, 12/15/46 (Call 06/15/46)		5		4,367
Southwestern Electric Power Co.
3.25%, 11/01/51 (Call 05/01/51)		35		23,070
6.20%, 03/15/40		30		30,932

Security	Par (000)		Value
Electric (continued)
Series J, 3.90%, 04/01/45 (Call 10/01/44)	$	200	$	153,506
Series L, 3.85%, 02/01/48 (Call 08/01/47)		20		14,911
Southwestern Public Service Co.
3.40%, 08/15/46 (Call 02/15/46)		70		50,849
3.70%, 08/15/47 (Call 02/15/47)		35		26,609
3.75%, 06/15/49 (Call 12/15/48)		40		30,354
Series 8, 3.15%, 05/01/50 (Call 11/01/49)		90		62,480
Star Energy Geothermal Darajat II/Star Energy Geothermal Salak, 4.85%, 10/14/38 (Call 10/14/29)(f)		200		173,566
State Grid Overseas Investment 2014 Ltd., 4.85%, 05/07/44(f)		200		201,270
Tampa Electric Co.
3.45%, 03/15/51 (Call 09/15/50)		79		56,545
3.63%, 06/15/50 (Call 12/15/49)		50		37,094
4.10%, 06/15/42 (Call 12/15/41)		25		21,041
4.30%, 06/15/48 (Call 12/15/47)		43		35,863
4.35%, 05/15/44 (Call 11/15/43)		29		24,500
4.45%, 06/15/49 (Call 12/15/48)		5		4,226
5.00%, 07/15/52 (Call 01/15/52)		25		23,172
Tierra Mojada Luxembourg II Sarl, 5.75%, 12/01/40 (Call 12/01/37)(f)		185		158,341
Toledo Edison Co. (The), 6.15%, 05/15/37		26		27,403
TransAlta Corp., 6.50%, 03/15/40		35		32,603
Tri-State Generation & Transmission Association Inc., 6.00%, 06/15/40(a)		70		66,054
Tucson Electric Power Co.
3.25%, 05/01/51 (Call 11/01/50)		20		13,594
4.00%, 06/15/50 (Call 12/15/49)		45		34,995
4.85%, 12/01/48 (Call 06/01/48)		50		44,551
5.50%, 04/15/53 (Call 10/15/52)		45		44,239
Union Electric Co.
2.63%, 03/15/51 (Call 09/15/50)		50		31,784
3.25%, 10/01/49 (Call 04/01/49)		30		21,221
3.65%, 04/15/45 (Call 10/15/44)		145		111,883
3.90%, 09/15/42 (Call 03/15/42)		50		40,644
4.00%, 04/01/48 (Call 10/01/47)		60		48,653
5.30%, 08/01/37		35		34,925
5.45%, 03/15/53 (Call 09/15/52)		100		100,659
8.45%, 03/15/39		26		33,739
Virginia Electric & Power Co.
2.45%, 12/15/50 (Call 06/15/50)		180		106,853
2.95%, 11/15/51 (Call 05/15/51)		50		32,767
3.30%, 12/01/49 (Call 06/01/49)		105		74,942
4.00%, 01/15/43 (Call 07/15/42)		70		57,077
4.45%, 02/15/44 (Call 08/15/43)		115		98,399
4.60%, 12/01/48 (Call 06/01/48)		25		21,908
5.45%, 04/01/53 (Call 10/01/52)		120		117,684
6.35%, 11/30/37		5		5,404
8.88%, 11/15/38		40		53,678
Series A, 6.00%, 05/15/37		50		52,686
Series B, 3.80%, 09/15/47 (Call 03/15/47)		129		99,886
Series B, 4.20%, 05/15/45 (Call 11/15/44)		105		85,763
Series B, 6.00%, 01/15/36		55		57,851
Series C, 4.00%, 11/15/46 (Call 05/15/46)		80		63,711
Series C, 4.63%, 05/15/52 (Call 11/15/51)		90		78,133
Series D, 4.65%, 08/15/43 (Call 02/15/43)		110		96,764
Wisconsin Electric Power Co.
4.30%, 10/15/48 (Call 04/15/48)		20		17,319
5.70%, 12/01/36		30		30,687
Wisconsin Power and Light Co., 6.38%, 08/15/37		95		102,861

12

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Electric (continued)
Wisconsin Public Service Corp.
2.85%, 12/01/51 (Call 06/01/51)	$	25	$	16,479
3.30%, 09/01/49 (Call 03/01/49)		35		24,955
3.67%, 12/01/42		20		15,581
4.75%, 11/01/44 (Call 05/01/44)		170		153,750
Xcel Energy Inc.
3.50%, 12/01/49 (Call 06/01/49)		25		18,218
6.50%, 07/01/36		35		38,011
				32,088,142
Electrical Components & Equipment — 0.0%
Emerson Electric Co.
2.75%, 10/15/50 (Call 04/15/50)		190		124,101
2.80%, 12/21/51 (Call 06/21/51)		65		42,641
5.25%, 11/15/39		40		40,748
				207,490
Electronics — 0.1%
Fortive Corp., 4.30%, 06/15/46 (Call 12/15/45)		50		39,651
Honeywell International Inc.
2.80%, 06/01/50 (Call 12/01/49)		95		68,937
3.81%, 11/21/47 (Call 05/21/47)		75		63,291
4.50%, 01/15/34 (Call 10/15/33)		40		39,409
5.38%, 03/01/41		25		25,852
5.70%, 03/15/36		50		53,944
5.70%, 03/15/37		106		114,054
Tyco Electronics Group SA, 7.13%, 10/01/37		55		63,814
				468,952
Energy - Alternate Sources — 0.0%
Sweihan PV Power Co. PJSC, 3.63%, 01/31/49(f)		195		157,348
Topaz Solar Farms LLC
4.88%, 09/30/39(a)		5		4,691
5.75%, 09/30/39(a)		77		76,540
				238,579
Engineering & Construction — 0.1%
Aeropuerto Internacional de Tocumen SA, 4.00%, 08/11/41 (Call 08/11/40)(f)		200		158,834
Bioceanico Sovereign Certificate Ltd.,0.00% 06/05/34(d)(f)		137		95,850
Cellnex Finance Co. SA, 3.88%, 07/07/41 (Call 04/07/41)(a)		65		48,037
Mexico City Airport Trust, 5.50%, 10/31/46 (Call 04/30/46)(f)		200		153,118
				455,839
Entertainment — 0.1%
Warnermedia Holdings Inc.
5.05%, 03/15/42 (Call 09/15/41)		280		226,548
5.14%, 03/15/52		325		253,812
5.39%, 03/15/62		180		140,128
				620,488
Environmental Control — 0.1%
Republic Services Inc.
3.05%, 03/01/50 (Call 09/01/49)		65		45,466
5.00%, 04/01/34 (Call 01/01/34)		95		95,143
5.70%, 05/15/41 (Call 11/15/40)		50		51,920
6.20%, 03/01/40		25		26,957
Waste Connections Inc.
2.95%, 01/15/52 (Call 07/15/51)		120		79,726
3.05%, 04/01/50 (Call 10/01/49)		130		87,855
Waste Management Inc.
2.50%, 11/15/50 (Call 05/15/50)		25		15,723
2.95%, 06/01/41 (Call 12/01/40)		185		136,676
4.10%, 03/01/45 (Call 09/01/44)		50		43,079

Security	Par (000)		Value
Environmental Control (continued)
4.15%, 07/15/49 (Call 01/15/49)	$	45	$	39,316
				621,861
Food — 0.9%
Campbell Soup Co.
3.13%, 04/24/50 (Call 10/24/49)		35		23,969
4.80%, 03/15/48 (Call 09/15/47)		75		67,190
Conagra Brands Inc.
5.30%, 11/01/38 (Call 05/01/38)		148		141,476
5.40%, 11/01/48 (Call 05/01/48)		85		79,064
General Mills Inc.
3.00%, 02/01/51 (Call 08/01/50)		90		62,626
4.70%, 04/17/48 (Call 10/17/47)		5		4,621
5.40%, 06/15/40		180		180,306
Grupo Bimbo SAB de CV, 4.70%, 11/10/47 (Call 05/10/47)(f)		200		181,606
Hershey Co. (The)
2.65%, 06/01/50 (Call 12/01/49)		145		97,585
3.13%, 11/15/49 (Call 05/15/49)		51		37,490
3.38%, 08/15/46 (Call 02/15/46)		5		3,823
Hormel Foods Corp., 3.05%, 06/03/51 (Call 12/03/50)		60		41,948
Ingredion Inc., 3.90%, 06/01/50 (Call 12/01/49)		15		11,017
JBS USA LUX SA/JBS USA Food Co./JBS USA Finance Inc.
4.38%, 02/02/52 (Call 08/02/51)(a)		120		80,459
6.50%, 12/01/52 (Call 06/01/52)(a)		180		162,450
JM Smucker Co. (The)
4.25%, 03/15/35		179		163,717
4.38%, 03/15/45		36		31,053
Kellogg Co., 4.50%, 04/01/46		45		39,748
Koninklijke Ahold Delhaize NV, 5.70%, 10/01/40		47		47,845
Kraft Heinz Foods Co.
4.38%, 06/01/46 (Call 12/01/45)		235		197,647
4.63%, 10/01/39 (Call 04/01/39)		26		23,220
4.88%, 10/01/49 (Call 04/01/49)		135		121,673
5.00%, 07/15/35 (Call 01/15/35)		160		157,898
5.00%, 06/04/42		95		88,315
5.20%, 07/15/45 (Call 01/15/45)		170		160,599
5.50%, 06/01/50 (Call 12/01/49)		135		132,979
6.50%, 02/09/40		150		160,110
6.88%, 01/26/39		65		72,860
7.13%, 08/01/39(a)		100		111,123
Kroger Co. (The)
3.88%, 10/15/46 (Call 04/15/46)		30		22,964
3.95%, 01/15/50 (Call 07/15/49)		70		55,411
4.45%, 02/01/47 (Call 08/01/46)		100		85,954
4.65%, 01/15/48 (Call 07/15/47)		105		91,396
5.00%, 04/15/42 (Call 10/15/41)		15		13,691
5.15%, 08/01/43 (Call 02/01/43)		30		27,630
5.40%, 07/15/40 (Call 01/15/40)		15		14,450
5.40%, 01/15/49 (Call 07/15/48)		140		135,906
6.90%, 04/15/38		101		113,321
Mars Inc.
3.60%, 04/01/34 (Call 01/01/34)(a)		55		49,394
3.88%, 04/01/39 (Call 10/01/38)(a)		270		229,524
3.95%, 04/01/44 (Call 10/01/43)(a)		45		37,254
3.95%, 04/01/49 (Call 10/01/48)(a)		140		116,343
4.13%, 04/01/54 (Call 10/01/53)(a)		48		39,987
4.20%, 04/01/59 (Call 10/01/58)(a)		40		32,978
McCormick & Co. Inc./MD, 4.20%, 08/15/47 (Call 02/15/47)		76		62,615
Mondelez International Inc., 2.63%, 09/04/50 (Call 03/04/50)		220		140,972

13

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Food (continued)
Nestle Holdings Inc.
3.90%, 09/24/38 (Call 03/24/38)(a)	$	380	$	345,937
4.70%, 01/15/53 (Call 07/15/52)(a)		150		147,129
Sysco Corp.
3.15%, 12/14/51 (Call 06/14/51)		210		142,132
4.45%, 03/15/48 (Call 09/15/47)		40		33,852
4.50%, 04/01/46 (Call 10/01/45)		30		25,379
4.85%, 10/01/45 (Call 04/01/45)		53		46,876
6.60%, 04/01/50 (Call 10/01/49)		204		227,011
Tyson Foods Inc.
4.55%, 06/02/47 (Call 12/02/46)		105		86,030
5.10%, 09/28/48 (Call 03/28/48)		130		117,593
5.15%, 08/15/44 (Call 02/15/44)		165		147,713
				5,273,859
Forest Products & Paper — 0.1%
Celulosa Arauco y Constitucion SA
5.50%, 11/02/47 (Call 05/02/47)		35		29,331
5.50%, 04/30/49 (Call 10/30/48)(f)		200		167,318
International Paper Co.
4.35%, 08/15/48 (Call 02/15/48)		102		84,789
4.40%, 08/15/47 (Call 02/15/47)		99		82,703
4.80%, 06/15/44 (Call 12/15/43)		173		152,643
5.00%, 09/15/35 (Call 03/15/35)		25		24,019
6.00%, 11/15/41 (Call 05/15/41)		45		45,572
Suzano Austria GmbH, 7.00%, 03/16/47 (Call 09/16/46)(f)		200		199,098
				785,473
Gas — 0.4%
Atmos Energy Corp.
2.85%, 02/15/52 (Call 08/15/51)		50		33,648
3.38%, 09/15/49 (Call 03/15/49)		35		25,679
4.13%, 10/15/44 (Call 04/15/44)		40		33,596
4.13%, 03/15/49 (Call 09/15/48)		150		125,070
4.15%, 01/15/43 (Call 07/15/42)		30		25,670
4.30%, 10/01/48 (Call 04/01/48)		90		77,674
5.50%, 06/15/41 (Call 12/15/40)		40		39,769
5.75%, 10/15/52 (Call 04/15/52)		60		62,875
Boston Gas Co., 4.49%, 02/15/42(a)		30		25,067
Brooklyn Union Gas Co. (The)
4.27%, 03/15/48 (Call 09/15/47)(a)		93		70,668
4.49%, 03/04/49 (Call 09/04/48)(a)		25		19,245
4.50%, 03/10/46 (Call 09/10/45)(a)		50		38,870
CenterPoint Energy Resources Corp.
4.10%, 09/01/47 (Call 03/01/47)		61		49,767
5.85%, 01/15/41 (Call 07/15/40)		90		92,146
East Ohio Gas Co. (The), 3.00%, 06/15/50 (Call 12/15/49)(a)		25		16,052
KeySpan Gas East Corp.
3.59%, 01/18/52 (Call 07/18/51)(a)		110		74,713
5.82%, 04/01/41(a)		60		58,056
Nakilat Inc., 6.07%, 12/31/33(a)		89		93,037
NiSource Inc.
3.95%, 03/30/48 (Call 09/30/47)		55		43,209
4.38%, 05/15/47 (Call 11/15/46)		150		126,298
4.80%, 02/15/44 (Call 08/15/43)		145		130,535
5.00%, 06/15/52 (Call 12/15/51)		75		68,729
5.25%, 02/15/43 (Call 08/15/42)		10		9,575
5.65%, 02/01/45 (Call 08/01/44)		65		65,003
ONE Gas Inc.
4.50%, 11/01/48 (Call 05/01/48)		10		8,574
4.66%, 02/01/44 (Call 08/01/43)		110		98,754

Security	Par (000)		Value
Gas (continued)
Piedmont Natural Gas Co. Inc.
3.35%, 06/01/50 (Call 12/01/49)	$	40	$	27,120
3.64%, 11/01/46 (Call 05/01/46)		35		25,092
5.05%, 05/15/52 (Call 11/15/51)		115		104,541
Southern California Gas Co.
3.75%, 09/15/42 (Call 03/15/42)		80		63,067
5.13%, 11/15/40		5		4,846
5.75%, 06/01/53 (Call 12/01/52)		60		60,935
6.35%, 11/15/52 (Call 05/15/52)		60		66,326
Series UU, 4.13%, 06/01/48 (Call 12/01/47)		120		96,811
Series VV, 4.30%, 01/15/49 (Call 07/15/48)		5		4,160
Series WW, 3.95%, 02/15/50 (Call 08/15/49)		35		27,234
Southern Co. Gas Capital Corp.
3.95%, 10/01/46 (Call 04/01/46)		30		22,977
4.40%, 06/01/43 (Call 12/01/42)		34		28,034
4.40%, 05/30/47 (Call 11/30/46)		120		98,746
5.88%, 03/15/41 (Call 09/15/40)		51		51,774
Southwest Gas Corp.
3.18%, 08/15/51 (Call 02/15/51)		30		19,204
3.80%, 09/29/46 (Call 03/29/46)		20		14,603
Washington Gas Light Co.
3.65%, 09/15/49 (Call 03/15/49)		22		16,382
Series K, 3.80%, 09/15/46 (Call 03/15/46)		120		92,576
WGL Holdings Inc., 4.60%, 11/01/44 (Call 05/01/44)		15		12,593
				2,349,300
Hand & Machine Tools — 0.0%
Snap-on Inc.
3.10%, 05/01/50 (Call 11/01/49)		20		14,682
4.10%, 03/01/48 (Call 09/01/47)		90		78,105
Stanley Black & Decker Inc.
2.75%, 11/15/50 (Call 05/15/50)		81		46,983
4.85%, 11/15/48 (Call 05/15/48)		50		41,672
5.20%, 09/01/40		40		36,316
				217,758
Health Care - Products — 0.5%
Abbott Laboratories
4.75%, 11/30/36 (Call 05/30/36)		184		185,098
4.75%, 04/15/43 (Call 10/15/42)		90		87,854
4.90%, 11/30/46 (Call 05/30/46)		330		328,914
5.30%, 05/27/40		55		57,066
6.00%, 04/01/39		15		16,730
6.15%, 11/30/37		98		110,102
Alcon Finance Corp., 3.80%, 09/23/49 (Call 03/23/49)(a)		50		38,392
Baxter International Inc.
3.13%, 12/01/51 (Call 06/01/51)		100		64,031
3.50%, 08/15/46 (Call 02/15/46)		95		65,574
Boston Scientific Corp.
4.70%, 03/01/49 (Call 09/01/48)		114		105,122
6.50%, 11/15/35		15		16,767
7.38%, 01/15/40		60		71,470
Danaher Corp.
2.60%, 10/01/50 (Call 04/01/50)		100		65,408
2.80%, 12/10/51 (Call 06/10/51)		100		67,148
4.38%, 09/15/45 (Call 03/15/45)		20		18,059
DH Europe Finance II Sarl
3.25%, 11/15/39 (Call 05/15/39)		95		77,064
3.40%, 11/15/49 (Call 05/15/49)		162		124,152
GE Healthcare Holding LLC, 6.38%, 11/22/52 (Call 05/22/52)(a)		150		163,510

14

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Health Care - Products (continued)
Koninklijke Philips NV
5.00%, 03/15/42	$	45	$	41,523
6.88%, 03/11/38		30		33,858
Medtronic Inc.
4.38%, 03/15/35		350		338,674
4.63%, 03/15/45		120		115,169
Revvity Inc., 3.63%, 03/15/51 (Call 09/15/50)		50		35,759
Stryker Corp.
2.90%, 06/15/50 (Call 12/15/49)		25		17,105
4.10%, 04/01/43 (Call 10/01/42)		70		59,366
4.38%, 05/15/44 (Call 11/15/43)		35		30,723
4.63%, 03/15/46 (Call 09/15/45)		115		104,950
Thermo Fisher Scientific Inc.
2.80%, 10/15/41 (Call 04/15/41)		100		73,570
4.10%, 08/15/47 (Call 02/15/47)		161		142,472
5.30%, 02/01/44 (Call 08/01/43)		60		61,287
Zimmer Biomet Holdings Inc.
4.45%, 08/15/45 (Call 02/15/45)		50		42,188
5.75%, 11/30/39		115		114,431
				2,873,536
Health Care - Services — 2.2%
AdventHealth Obligated Group, Series E, 2.80%, 11/15/51 (Call 05/15/51)		30		19,527
Adventist Health System/West, 3.63%, 03/01/49 (Call 09/01/48)		35		25,457
Advocate Health & Hospitals Corp.
3.39%, 10/15/49 (Call 04/15/49)		47		35,115
4.27%, 08/15/48 (Call 02/15/48)		31		27,065
Series 2020, 3.01%, 06/15/50 (Call 12/15/49)		90		61,960
Aetna Inc.
3.88%, 08/15/47 (Call 02/15/47)		80		61,031
4.13%, 11/15/42 (Call 05/15/42)		60		49,052
4.50%, 05/15/42 (Call 11/15/41)		125		107,821
4.75%, 03/15/44 (Call 09/15/43)		70		61,722
6.63%, 06/15/36		71		78,064
6.75%, 12/15/37		45		48,942
AHS Hospital Corp.
5.02%, 07/01/45		30		29,030
Series 2021, 2.78%, 07/01/51 (Call 01/01/51)		55		35,323
Allina Health System
2.90%, 11/15/51 (Call 05/15/51)		5		3,243
Series 2019, 3.89%, 04/15/49		45		36,265
Anthem Inc., 4.55%, 05/15/52 (Call 11/15/51)		95		83,507
Ascension Health
3.95%, 11/15/46		90		75,356
4.85%, 11/15/53		77		73,915
Series B, 3.11%, 11/15/39 (Call 05/15/39)		15		11,688
Banner Health
2.91%, 01/01/42 (Call 07/01/41)		25		18,101
2.91%, 01/01/51 (Call 07/01/50)		40		26,411
Series 2020, 3.18%, 01/01/50 (Call 07/01/49)		35		25,097
Baptist Health South Florida Obligated Group, Series 2021, 3.12%, 11/15/71 (Call 05/15/71)		5		2,957
Baptist Healthcare System Obligated Group, Series 20B, 3.54%, 08/15/50 (Call 02/15/50)		75		55,112
BayCare Health System Inc., Series 2020, 3.83%, 11/15/50 (Call 05/15/50)		50		41,010
Baylor Scott & White Holdings
4.19%, 11/15/45 (Call 05/15/45)		70		60,695
Series 2021, 2.84%, 11/15/50 (Call 11/15/49)		100		66,448

Security	Par (000)		Value
Health Care - Services (continued)
BHSH System Obligated Group, Series 19A, 3.49%, 07/15/49 (Call 01/15/49)	$	35	$	26,232
Bon Secours Mercy Health Inc., Series 20-2, 3.21%, 06/01/50 (Call 12/01/49)		85		58,245
Catholic Health Services of Long Island Obligated Group, Series 2020, 3.37%, 07/01/50 (Call 01/01/50)		10		6,793
Children’s Health System of Texas, 2.51%, 08/15/50 (Call 02/15/50)		60		36,818
Children’s Hospital Corp. (The)
Series 2017, 4.12%, 01/01/47 (Call 07/01/46)		30		26,299
Series 2020, 2.59%, 02/01/50 (Call 08/01/49)		80		50,694
Children’s Hospital Medical Center/Cincinnati OH, 4.27%, 05/15/44		60		53,127
Children’s Hospital/DC, Series 2020, 2.93%, 07/15/50 (Call 01/15/50)		10		6,500
City of Hope
Series 2013, 5.62%, 11/15/43		25		24,736
Series 2018, 4.38%, 08/15/48 (Call 02/15/48)		65		53,907
Cleveland Clinic Foundation (The), 4.86%, 01/01/2114		47		42,528
CommonSpirit Health
3.82%, 10/01/49 (Call 04/01/49)		127		96,883
3.91%, 10/01/50 (Call 04/01/50)		35		26,675
4.19%, 10/01/49 (Call 04/01/49)		191		152,995
4.35%, 11/01/42		125		106,395
6.46%, 11/01/52 (Call 05/01/52)		5		5,644
Cottage Health Obligated Group, Series 2020, 3.30%, 11/01/49 (Call 05/01/49)		50		36,217
Dartmouth-Hitchcock Health, Series B, 4.18%, 08/01/48 (Call 02/01/48)		85		67,504
Dignity Health, 4.50%, 11/01/42		10		8,738
Duke University Health System Inc., Series 2017, 3.92%, 06/01/47 (Call 12/01/46)		120		99,600
Elevance Health Inc.
3.13%, 05/15/50 (Call 11/15/49)		100		69,063
3.60%, 03/15/51 (Call 09/15/50)		50		37,646
3.70%, 09/15/49 (Call 03/15/49)		85		64,914
4.38%, 12/01/47 (Call 06/01/47)		118		101,423
4.55%, 03/01/48 (Call 09/01/47)		70		61,481
4.63%, 05/15/42		95		84,984
4.65%, 01/15/43		145		131,089
4.65%, 08/15/44 (Call 02/15/44)		80		71,403
5.10%, 01/15/44		141		132,892
5.13%, 02/15/53 (Call 08/15/52)		150		143,778
5.85%, 01/15/36		50		52,023
6.10%, 10/15/52 (Call 04/15/52)		95		102,355
6.38%, 06/15/37		75		81,409
Hackensack Meridian Health Inc.
4.21%, 07/01/48 (Call 01/01/48)		45		37,716
4.50%, 07/01/57 (Call 01/01/57)		55		48,022
Series 2020, 2.68%, 09/01/41 (Call 03/01/41)		15		10,548
Series 2020, 2.88%, 09/01/50 (Call 03/01/50)		53		34,988
HCA Inc.
3.50%, 07/15/51 (Call 01/15/51)		120		80,921
4.38%, 03/15/42 (Call 09/15/41)(a)		25		20,306
4.63%, 03/15/52 (Call 09/15/51)(a)		185		148,659
5.13%, 06/15/39 (Call 12/15/38)		150		136,836
5.25%, 06/15/49 (Call 12/15/48)		320		282,006
5.50%, 06/15/47 (Call 12/15/46)		185		169,564
Health Care Service Corp. A Mutual Legal Reserve Co., 3.20%, 06/01/50 (Call 12/01/49)(a)		150		106,080
Hoag Memorial Hospital Presbyterian, 3.80%, 07/15/52 (Call 01/15/52)		5		4,007

15

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Health Care - Services (continued)
Humana Inc.
3.95%, 08/15/49 (Call 02/15/49)	$	30	$	23,828
4.63%, 12/01/42 (Call 06/01/42)		51		45,100
4.80%, 03/15/47 (Call 09/15/46)		135		119,294
4.95%, 10/01/44 (Call 04/01/44)		25		22,620
5.50%, 03/15/53 (Call 09/15/52)		115		112,478
IHC Health Services Inc., 4.13%, 05/15/48 (Call 11/15/47)		80		68,174
Indiana University Health Inc. Obligated Group
3.97%, 11/01/48 (Call 05/01/48)		115		96,602
Series 2021, 2.85%, 11/01/51 (Call 05/01/51)		35		23,413
Inova Health System Foundation, 4.07%, 05/15/52 (Call 11/15/51)		5		4,231
Integris Baptist Medical Center Inc., Series A, 3.88%, 08/15/50 (Call 02/15/50)		75		55,472
Iowa Health System, Series 2020, 3.67%, 02/15/50 (Call 08/15/49)		40		30,429
Johns Hopkins Health System Corp. (The), 3.84%, 05/15/46		30		24,567
Kaiser Foundation Hospitals
4.15%, 05/01/47 (Call 11/01/46)		114		99,147
4.88%, 04/01/42		140		135,743
Series 2019, 3.27%, 11/01/49 (Call 05/01/49)		90		66,133
Series 2021, 2.81%, 06/01/41 (Call 12/01/40)		200		145,208
Series 2021, 3.00%, 06/01/51 (Call 12/01/50)		125		86,530
Laboratory Corp. of America Holdings, 4.70%, 02/01/45 (Call 08/01/44)		183		159,684
Mass General Brigham Inc.
Series 2015, 4.12%, 07/01/55		40		32,984
Series 2017, 3.77%, 07/01/48 (Call 01/01/48)		35		27,764
Series 2020, 3.19%, 07/01/49 (Call 01/01/49)		50		35,829
Series 2020, 3.34%, 07/01/60 (Call 01/01/60)		45		30,768
Mayo Clinic
3.77%, 11/15/43		55		46,105
Series 2013, 4.00%, 11/15/47		50		42,002
Series 2016, 4.13%, 11/15/52(b)		30		25,268
Series 2021, 3.20%, 11/15/61 (Call 05/15/61)		15		10,101
McLaren Health Care Corp., Series A, 4.39%, 05/15/48 (Call 11/15/47)		75		65,838
MedStar Health Inc., Series 20A, 3.63%, 08/15/49		45		33,927
Memorial Health Services, 3.45%, 11/01/49 (Call 05/01/49)		45		33,390
Memorial Sloan-Kettering Cancer Center
4.13%, 07/01/52		100		84,249
5.00%, 07/01/42		60		58,586
Series 2015, 4.20%, 07/01/55		5		4,229
Series 2020, 2.96%, 01/01/50 (Call 07/01/49)		145		100,008
Methodist Hospital (The), Series 20A, 2.71%, 12/01/50 (Call 06/01/50)		15		9,608
MidMichigan Health, Series 2020, 3.41%, 06/01/50 (Call 12/01/49)		60		41,480
Montefiore Obligated Group
4.29%, 09/01/50		55		33,364
Series 18-C, 5.24%, 11/01/48		40		30,888
Mount Sinai Hospitals Group Inc.
Series 2017, 3.98%, 07/01/48		80		63,670
Series 2019, 3.74%, 07/01/49 (Call 01/01/49)		30		22,727
MultiCare Health System, 2.80%, 08/15/50 (Call 02/15/50)		25		15,365
New York and Presbyterian Hospital (The)
2.61%, 08/01/60 (Call 02/01/60)		10		5,864
4.02%, 08/01/45		215		181,623
Series 2019, 3.95%, 08/01/2119 (Call 02/01/2119)		25		17,844
Northwell Healthcare Inc.
3.81%, 11/01/49 (Call 11/01/48)		55		41,291

Security	Par (000)		Value
Health Care - Services (continued)
3.98%, 11/01/46 (Call 11/01/45)	$	55	$	42,796
4.26%, 11/01/47 (Call 11/01/46)		55		44,989
Novant Health Inc.
2.64%, 11/01/36 (Call 08/01/36)		100		76,152
3.17%, 11/01/51 (Call 05/01/51)		105		73,591
NYU Langone Hospitals
4.37%, 07/01/47 (Call 01/01/47)		55		47,540
4.78%, 07/01/44		45		41,780
OhioHealth Corp., Series 2020, 3.04%, 11/15/50 (Call 05/15/50)		45		31,764
Orlando Health Obligated Group
3.33%, 10/01/50 (Call 04/01/50)		10		7,070
4.09%, 10/01/48 (Call 04/01/48)		55		45,044
PeaceHealth Obligated Group
Series 2018, 4.79%, 11/15/48 (Call 05/15/48)		55		49,529
Series 2020, 3.22%, 11/15/50 (Call 05/15/50)		5		3,374
Piedmont Healthcare Inc., 2.86%, 01/01/52 (Call 07/01/51)		150		97,500
Providence St Joseph Health Obligated Group
Series 21A, 2.70%, 10/01/51 (Call 04/01/51)		30		17,618
Series A, 3.93%, 10/01/48 (Call 04/01/48)		69		53,886
Series I, 3.74%, 10/01/47		20		14,856
Quest Diagnostics Inc., 4.70%, 03/30/45 (Call 09/30/44)		65		57,076
Rady Children’s Hospital-San Diego/CA, Series 21A, 3.15%,
08/15/51 (Call 08/15/50)		60		42,013
Roche Holdings Inc.
2.61%, 12/13/51 (Call 06/13/51)(a)		200		133,016
7.00%, 03/01/39(a)		285		347,623
RWJ Barnabas Health Inc.
3.48%, 07/01/49 (Call 01/01/49)		30		22,679
3.95%, 07/01/46 (Call 07/01/45)		40		32,990
Seattle Children’s Hospital, Series 2021, 2.72%, 10/01/50 (Call 10/01/49)		115		75,518
Sentara Healthcare, 2.93%, 11/01/51 (Call 05/01/51)		5		3,404
Sharp HealthCare, Series 20B, 2.68%, 08/01/50 (Call 08/01/49)		25		15,944
Stanford Health Care, Series 2018, 3.80%, 11/15/48 (Call 05/15/48)		113		90,382
Sutter Health
Series 2018, 4.09%, 08/15/48 (Call 02/15/48)		106		85,000
Series 20A, 3.36%, 08/15/50 (Call 02/15/50)		55		38,460
Texas Health Resources
2.33%, 11/15/50 (Call 05/15/50)		10		5,866
4.33%, 11/15/55		40		34,178
Toledo Hospital (The)
5.75%, 11/15/38 (Call 11/15/28)		60		58,995
6.02%, 11/15/48(b)		40		27,615
Trinity Health Corp.
4.13%, 12/01/45		55		47,254
Series 2019, 3.43%, 12/01/48		45		34,539
Series 2021, 2.63%, 12/01/40 (Call 06/01/40)		15		10,559
UnitedHealth Group Inc.
2.75%, 05/15/40 (Call 11/15/39)		50		36,928
2.90%, 05/15/50 (Call 11/15/49)		95		65,721
3.05%, 05/15/41 (Call 11/15/40)		110		84,327
3.25%, 05/15/51 (Call 11/15/50)		185		135,044
3.70%, 08/15/49 (Call 02/15/49)		145		115,068
3.75%, 10/15/47 (Call 04/15/47)		157		125,920
3.88%, 08/15/59 (Call 02/15/59)		75		59,174
3.95%, 10/15/42 (Call 04/15/42)		130		110,284
4.20%, 01/15/47 (Call 07/15/46)		90		78,268
4.25%, 03/15/43 (Call 09/15/42)		58		51,952

16

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Health Care - Services (continued)
4.25%, 04/15/47 (Call 10/15/46)	$	160	$	139,637
4.25%, 06/15/48 (Call 12/15/47)		90		78,533
4.38%, 03/15/42 (Call 09/15/41)		130		117,798
4.45%, 12/15/48 (Call 06/15/48)		100		90,102
4.63%, 07/15/35		170		166,746
4.63%, 11/15/41 (Call 05/15/41)		50		46,767
4.75%, 07/15/45		202		189,969
4.75%, 05/15/52 (Call 11/15/51)		220		205,687
4.95%, 05/15/62 (Call 11/15/61)		100		94,370
5.05%, 04/15/53 (Call 10/15/52)		275		269,866
5.20%, 04/15/63 (Call 10/15/62)		275		269,255
5.80%, 03/15/36		40		42,824
5.88%, 02/15/53 (Call 08/15/52)		220		240,695
5.95%, 02/15/41 (Call 08/15/40)		35		37,613
6.05%, 02/15/63 (Call 08/15/62)		215		238,248
6.50%, 06/15/37		95		106,580
6.63%, 11/15/37		60		68,875
6.88%, 02/15/38		55		65,166
UPMC, 5.38%, 05/15/43		20		19,396
West Virginia United Health System Obligated Group, Series 2020, 3.13%, 06/01/50 (Call 12/01/49)		30		19,772
Willis-Knighton Medical Center
Series 2018, 4.81%, 09/01/48 (Call 03/01/48)		59		52,220
Series 2021, 3.07%, 03/01/51 (Call 09/01/50)(b)		40		25,469
Yale-New Haven Health Services Corp., Series 2020, 2.50%, 07/01/50 (Call 07/01/49)		50		30,438
				12,123,294
Holding Companies - Diversified — 0.3%
Gaci First Investment Co.
4.88%, 02/14/35 (Call 11/14/34)(f)		200		193,806
5.13%, 02/14/53 (Call 08/14/52)(f)		200		181,386
Huarong Finance 2017 Co. Ltd., 4.95%, 11/07/47(f)		200		126,348
JAB Holdings BV, 3.75%, 05/28/51 (Call 11/28/50)(a)		5		3,235
MDGH GMTN RSC Ltd.
3.40%, 06/07/51 (Call 12/07/50)(f)		200		152,592
3.70%, 11/07/49 (Call 05/07/49)(f)		400		321,052
3.95%, 05/21/50 (Call 11/21/49)(f)		200		167,862
PTT Treasury Center Co. Ltd., 4.50%, 10/25/42(f)		200		170,138
Temasek Financial I Ltd.
2.50%, 10/06/70 (Call 04/06/70)(a)		250		162,485
5.38%, 11/23/39(a)		250		280,215
				1,759,119
Home Builders — 0.0%
MDC Holdings Inc.
3.97%, 08/06/61 (Call 02/06/61)		25		14,696
6.00%, 01/15/43 (Call 10/15/42)		130		114,126
PulteGroup Inc., 6.00%, 02/15/35		55		56,112
				184,934
Home Furnishings — 0.0%
Leggett & Platt Inc., 3.50%, 11/15/51 (Call 05/15/51)		25		17,884
Whirlpool Corp.
4.50%, 06/01/46 (Call 12/01/45)		86		68,778
4.60%, 05/15/50 (Call 11/15/49)		55		44,561
				131,223
Household Products & Wares — 0.1%
Church & Dwight Co. Inc.
3.95%, 08/01/47 (Call 02/01/47)		80		64,989
5.00%, 06/15/52 (Call 12/15/51)		25		24,066

Security	Par (000)		Value
Household Products & Wares (continued)
Kimberly-Clark Corp.
3.20%, 07/30/46 (Call 01/30/46)	$	75	$	56,274
3.90%, 05/04/47 (Call 11/04/46)		90		76,112
5.30%, 03/01/41		30		31,055
6.63%, 08/01/37		25		29,792
SC Johnson & Son Inc., 4.80%, 09/01/40(a)		50		46,078
				328,366
Housewares — 0.0%
Newell Brands Inc.
5.88%, 04/01/36 (Call 10/01/35)		50		40,132
6.00%, 04/01/46 (Call 10/01/45)		80		59,094
				99,226
Insurance — 2.3%
Aflac Inc., 4.75%, 01/15/49 (Call 07/15/48)		85		76,652
AIA Group Ltd.
3.20%, 09/16/40 (Call 03/16/40)(a)		210		158,600
4.50%, 03/16/46 (Call 09/16/45)(a)		105		93,844
Alleghany Corp.
3.25%, 08/15/51 (Call 02/15/51)		60		42,122
4.90%, 09/15/44 (Call 03/15/44)		15		13,987
Allstate Corp. (The)
3.85%, 08/10/49 (Call 02/10/49)		10		7,660
4.20%, 12/15/46 (Call 06/15/46)		100		81,497
4.50%, 06/15/43		90		77,340
5.55%, 05/09/35		50		51,328
5.95%, 04/01/36		75		80,057
6.50%, 05/15/67 (Call 05/15/37), (3-mo. LIBOR US + 2.120%)(c)		85		82,742
American Financial Group Inc./OH, 4.50%, 06/15/47 (Call 12/15/46)		45		36,659
American International Group Inc.
3.88%, 01/15/35 (Call 07/15/34)		5		4,331
4.38%, 06/30/50 (Call 12/30/49)		120		99,258
4.50%, 07/16/44 (Call 01/16/44)		170		143,803
4.75%, 04/01/48 (Call 10/01/47)		180		157,138
4.80%, 07/10/45 (Call 01/10/45)		50		43,967
AmFam Holdings Inc., 3.83%, 03/11/51 (Call 09/11/50)(a)		72		44,724
Aon Corp., 6.25%, 09/30/40		30		31,673
Aon Corp./Aon Global Holdings PLC
2.90%, 08/23/51 (Call 02/23/51)		75		48,165
3.90%, 02/28/52 (Call 08/28/51)		85		65,590
Aon Global Ltd.
4.60%, 06/14/44 (Call 03/14/44)		40		34,826
4.75%, 05/15/45 (Call 11/15/44)		94		84,020
Arch Capital Finance LLC, 5.03%, 12/15/46 (Call 06/15/46)		40		35,429
Arch Capital Group Ltd., 3.64%, 06/30/50 (Call 12/30/49)		125		90,441
Arch Capital Group U.S. Inc., 5.14%, 11/01/43		40		36,384
Arthur J Gallagher & Co.
3.05%, 03/09/52 (Call 09/09/51)		50		31,594
3.50%, 05/20/51 (Call 11/20/50)		50		34,935
5.75%, 03/02/53 (Call 09/02/52)		82		81,590
Assured Guaranty U.S. Holdings Inc., 3.60%, 09/15/51 (Call 03/15/51)		50		33,689
Athene Holding Ltd.
3.45%, 05/15/52 (Call 11/15/51)		15		8,958
3.95%, 05/25/51 (Call 11/25/50)		145		95,039
Berkshire Hathaway Finance Corp.
2.50%, 01/15/51 (Call 07/15/50)		65		41,763
2.85%, 10/15/50 (Call 04/15/50)		180		123,952
3.85%, 03/15/52 (Call 09/15/51)		300		244,656

17

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Insurance (continued)
4.20%, 08/15/48 (Call 02/15/48)	$	163	$	145,771
4.25%, 01/15/49 (Call 07/15/48)		221		198,551
4.30%, 05/15/43		45		40,841
4.40%, 05/15/42		85		80,194
5.75%, 01/15/40		113		124,708
Berkshire Hathaway Inc., 4.50%, 02/11/43		107		101,371
Brighthouse Financial Inc.
3.85%, 12/22/51 (Call 06/22/51)		30		18,365
4.70%, 06/22/47 (Call 12/22/46)		104		76,135
Brown & Brown Inc., 4.95%, 03/17/52 (Call 09/17/51)		125		105,642
Chubb Corp. (The)
6.00%, 05/11/37		21		22,666
Series 1, 6.50%, 05/15/38		55		62,783
Chubb INA Holdings Inc.
2.85%, 12/15/51 (Call 06/15/51)		50		34,074
3.05%, 12/15/61 (Call 06/15/61)		125		82,262
4.15%, 03/13/43		25		21,420
4.35%, 11/03/45 (Call 05/03/45)		215		192,111
6.70%, 05/15/36		25		28,423
Corebridge Financial Inc.
4.35%, 04/05/42		65		52,053
4.40%, 04/05/52		110		83,659
Empower Finance 2020 LP, 3.08%, 09/17/51 (Call 03/17/51)(a)		40		25,523
Equitable Holdings Inc., 5.00%, 04/20/48 (Call 10/20/47)		145		122,381
Everest Reinsurance Holdings Inc.
3.13%, 10/15/52 (Call 04/15/52)		90		57,211
3.50%, 10/15/50 (Call 04/15/50)		110		76,591
4.87%, 06/01/44		15		13,428
Farmers Exchange Capital II, 6.15%, 11/01/53 (Call 11/01/33), (3-mo. LIBOR US + 3.744%)(a)(c)		55		53,485
Farmers Exchange Capital III, 5.45%, 10/15/54 (Call 10/15/34), (3-mo. LIBOR US + 3.454%)(a)(c)		75		67,750
Farmers Insurance Exchange, 4.75%, 11/01/57 (Call 11/01/37), (3-mo. LIBOR US + 1.374%)(a)(c)		70		54,995
Fidelity National Financial Inc., 3.20%, 09/17/51 (Call 03/17/51)		50		29,209
Genworth Holdings Inc., 6.50%, 06/15/34		40		35,786
Great-West Lifeco Finance 2018 LP, 4.58%, 05/17/48 (Call 11/17/47)(a)		85		70,678
Great-West Lifeco Finance Delaware LP, 4.15%, 06/03/47 (Call 12/03/46)(a)		55		43,327
Guardian Life Insurance Co. of America (The)
3.70%, 01/22/70 (Call 07/22/69)(a)		25		17,010
4.85%, 01/24/77(a)		100		83,780
4.88%, 06/19/64(a)		55		48,397
Hartford Financial Services Group Inc. (The)
2.90%, 09/15/51 (Call 03/15/51)		15		9,597
3.60%, 08/19/49 (Call 02/19/49)		15		11,200
4.30%, 04/15/43		40		32,402
4.40%, 03/15/48 (Call 09/15/47)		75		62,157
5.95%, 10/15/36		40		41,213
6.10%, 10/01/41		150		151,689
High Street Funding Trust II, 4.68%, 02/15/48 (Call 11/15/47)(a)		110		89,209
Hill City Funding Trust, 4.05%, 08/15/41 (Call 02/15/41)(a)		75		50,272
Jackson Financial Inc., 4.00%, 11/23/51 (Call 05/23/51)		30		19,523
Liberty Mutual Group Inc.
3.95%, 10/15/50 (Call 04/15/50)(a)		150		108,024
3.95%, 05/15/60 (Call 11/15/59)(a)		60		40,878
4.30%, 02/01/61 (Call 02/01/26)(a)		85		50,956

Security	Par (000)		Value
Insurance (continued)
5.50%, 06/15/52 (Call 12/15/51)(a)	$	25	$	23,256
7.80%, 03/07/87(a)		50		51,546
Lincoln National Corp.
4.35%, 03/01/48 (Call 09/01/47)		50		35,278
4.38%, 06/15/50 (Call 12/15/49)(b)		35		24,480
7.00%, 06/15/40		150		153,424
Loews Corp., 4.13%, 05/15/43 (Call 11/15/42)		65		53,132
Manulife Financial Corp., 5.38%, 03/04/46		140		137,150
Markel Group Inc.
3.45%, 05/07/52 (Call 11/07/51)		55		37,385
4.15%, 09/17/50 (Call 03/17/50)		26		20,186
4.30%, 11/01/47 (Call 05/01/47)		35		28,389
5.00%, 04/05/46		125		109,954
5.00%, 05/20/49 (Call 11/20/48)		60		53,558
Marsh & McLennan Companies Inc.
4.20%, 03/01/48 (Call 09/01/47)		85		71,125
4.35%, 01/30/47 (Call 07/30/46)		50		42,148
4.75%, 03/15/39 (Call 09/15/38)		75		69,734
4.90%, 03/15/49 (Call 09/15/48)		205		187,837
5.45%, 03/15/53 (Call 09/15/52)		100		99,832
6.25%, 11/01/52 (Call 05/01/52)		25		27,631
Massachusetts Mutual Life Insurance Co.
3.38%, 04/15/50(a)		30		21,303
3.73%, 10/15/70(a)		71		47,657
4.90%, 04/01/77(a)		120		101,906
5.67%, 12/01/52 (Call 06/01/52)(a)		100		99,896
MetLife Inc.
4.05%, 03/01/45		185		151,807
4.13%, 08/13/42		71		58,705
4.60%, 05/13/46 (Call 11/13/45)		95		83,064
4.72%, 12/15/44		55		48,360
4.88%, 11/13/43		81		73,260
5.00%, 07/15/52 (Call 01/15/52)		90		81,930
5.25%, 01/15/54 (Call 07/15/53)		150		142,759
5.70%, 06/15/35		136		140,496
6.38%, 06/15/34		140		154,113
6.40%, 12/15/66 (Call 12/15/31)		200		197,878
10.75%, 08/01/69 (Call 08/01/34)		31		40,321
Nationwide Financial Services Inc.
3.90%, 11/30/49 (Call 05/30/49)(a)		140		101,333
5.30%, 11/18/44(a)(b)		40		35,540
Nationwide Mutual Insurance Co.
4.35%, 04/30/50 (Call 10/30/49)(a)		175		131,567
9.38%, 08/15/39(a)		120		154,718
New York Life Insurance Co.
3.75%, 05/15/50 (Call 11/15/49)(a)		130		98,771
4.45%, 05/15/69 (Call 11/15/68)(a)		30		24,902
6.75%, 11/15/39(a)		195		222,433
Northwestern Mutual Life Insurance Co. (The)
3.45%, 03/30/51 (Call 09/30/50)(a)		100		70,913
3.63%, 09/30/59 (Call 03/30/59)(a)		100		71,061
3.85%, 09/30/47 (Call 03/30/47)(a)		130		100,928
6.06%, 03/30/40(a)		125		129,119
Old Republic International Corp., 3.85%, 06/11/51 (Call 12/11/50)		145		101,736
Pacific Life Insurance Co., 4.30%, 10/24/67 (Call 10/24/47), (3-mo. LIBOR US + 2.796%)(a)(c)		175		132,853
Pacific LifeCorp.
3.35%, 09/15/50 (Call 03/15/50)(a)		25		17,233
5.40%, 09/15/52 (Call 03/15/52)(a)		125		119,581

18

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Insurance (continued)
Penn Mutual Life Insurance Co. (The), 3.80%, 04/29/61(a)	$	45	$	30,124
Pine Street Trust II, 5.57%, 02/15/49 (Call 08/15/48)(a)		140		123,095
Principal Financial Group Inc.
4.30%, 11/15/46 (Call 05/15/46)		10		7,975
4.35%, 05/15/43		46		37,236
4.63%, 09/15/42		40		34,133
5.50%, 03/15/53 (Call 09/15/52)		30		28,034
6.05%, 10/15/36		35		36,245
Progressive Corp. (The)
3.70%, 03/15/52 (Call 09/15/51)		65		50,439
3.95%, 03/26/50 (Call 09/26/49)		25		20,458
4.13%, 04/15/47 (Call 10/15/46)		62		52,047
4.20%, 03/15/48 (Call 09/15/47)		50		42,731
4.35%, 04/25/44		45		38,969
Provident Financing Trust I, 7.41%, 03/15/38		20		19,965
Prudential Financial Inc.
3.00%, 03/10/40 (Call 09/10/39)		50		36,954
3.70%, 03/13/51 (Call 09/13/50)		250		187,895
3.91%, 12/07/47 (Call 06/07/47)		55		42,692
3.94%, 12/07/49 (Call 06/07/49)		125		97,882
4.35%, 02/25/50 (Call 08/25/49)		105		88,187
4.42%, 03/27/48 (Call 09/27/47)		55		45,923
4.60%, 05/15/44		53		46,240
5.70%, 12/14/36		87		91,411
6.63%, 12/01/37		30		33,390
6.63%, 06/21/40		55		60,261
Securian Financial Group Inc., 4.80%, 04/15/48(a)		35		28,313
Selective Insurance Group Inc., 5.38%, 03/01/49 (Call 09/01/48)		50		45,698
Teachers Insurance & Annuity Association of America
3.30%, 05/15/50 (Call 11/15/49)(a)		295		202,936
4.27%, 05/15/47 (Call 11/15/46)(a)		205		169,562
4.90%, 09/15/44(a)		90		81,663
6.85%, 12/16/39(a)		182		201,732
Transatlantic Holdings Inc., 8.00%, 11/30/39		40		49,820
Travelers Companies Inc. (The)
2.55%, 04/27/50 (Call 10/27/49)		30		18,952
3.05%, 06/08/51 (Call 12/08/50)		50		34,845
3.75%, 05/15/46 (Call 11/15/45)		35		27,746
4.00%, 05/30/47 (Call 11/30/46)		30		25,121
4.05%, 03/07/48 (Call 09/07/47)		60		50,002
4.10%, 03/04/49 (Call 09/04/48)		30		25,319
4.30%, 08/25/45 (Call 02/25/45)		30		26,024
4.60%, 08/01/43		30		27,168
5.35%, 11/01/40		20		20,527
6.25%, 06/15/37		210		233,436
6.75%, 06/20/36		161		184,607
Travelers Cos. Inc. (The), 5.45%, 05/25/53		40		40,997
Unum Group
4.13%, 06/15/51 (Call 12/15/50)		5		3,502
4.50%, 12/15/49 (Call 06/15/49)		60		44,110
5.75%, 08/15/42		60		54,863
W R Berkley Corp.
3.55%, 03/30/52 (Call 09/30/51)		15		10,544
4.00%, 05/12/50 (Call 11/12/49)		100		77,365
4.75%, 08/01/44		45		39,575
Western & Southern Life Insurance Co. (The)
3.75%, 04/28/61 (Call 10/28/60)(a)		95		63,615
5.15%, 01/15/49 (Call 07/15/48)(a)		25		22,611

Security	Par (000)		Value
Insurance (continued)
Willis North America Inc.
3.88%, 09/15/49 (Call 03/15/49)	$	70	$	49,993
5.05%, 09/15/48 (Call 03/15/48)		30		25,465
XL Group Ltd., 5.25%, 12/15/43		65		64,571
				12,741,269
Internet — 0.9%
Alibaba Group Holding Ltd.
2.70%, 02/09/41 (Call 08/09/40)		200		134,198
3.15%, 02/09/51 (Call 08/09/50)		225		145,739
4.00%, 12/06/37 (Call 06/06/37)		55		46,634
4.20%, 12/06/47 (Call 06/06/47)		210		165,864
4.50%, 11/28/34 (Call 05/28/34)		50		46,558
Alphabet Inc.
1.90%, 08/15/40 (Call 02/15/40)		280		191,072
2.05%, 08/15/50 (Call 02/15/50)		405		248,536
2.25%, 08/15/60 (Call 02/15/60)		65		38,621
Amazon.com Inc.
2.50%, 06/03/50 (Call 12/03/49)		330		215,154
2.70%, 06/03/60 (Call 12/03/59)		213		135,212
2.88%, 05/12/41 (Call 11/12/40)		170		129,705
3.10%, 05/12/51 (Call 11/12/50)		355		259,878
3.25%, 05/12/61 (Call 11/12/60)		290		205,578
3.88%, 08/22/37 (Call 02/22/37)		283		259,565
3.95%, 04/13/52 (Call 10/13/51)		235		201,014
4.05%, 08/22/47 (Call 02/22/47)		322		284,980
4.10%, 04/13/62 (Call 10/13/61)		130		110,011
4.25%, 08/22/57 (Call 02/22/57)		250		221,880
4.80%, 12/05/34 (Call 06/05/34)		30		30,718
4.95%, 12/05/44 (Call 06/05/44)		280		283,234
eBay Inc.
3.65%, 05/10/51 (Call 11/10/50)		70		50,077
4.00%, 07/15/42 (Call 01/15/42)		126		99,806
Meta Platforms Inc.
4.45%, 08/15/52 (Call 02/15/52)		330		278,880
4.65%, 08/15/62 (Call 02/15/62)		170		144,405
5.60%, 05/15/53 (Call 11/15/52)		330		329,957
5.75%, 05/15/63		80		79,650
Prosus NV
3.83%, 02/08/51 (Call 08/08/50)(f)		200		117,556
4.03%, 08/03/50 (Call 02/03/50)(f)		200		121,038
Tencent Holdings Ltd.
3.24%, 06/03/50 (Call 12/03/49)(f)		200		132,236
3.29%, 06/03/60 (Call 12/03/59)(f)		200		125,146
3.84%, 04/22/51 (Call 10/22/50)(f)		200		147,740
4.53%, 04/11/49 (Call 10/11/48)(b)(f)		200		166,890
				5,147,532
Iron & Steel — 0.2%
ArcelorMittal SA
6.75%, 03/01/41		45		45,093
7.00%, 10/15/39		36		37,227
Cliffs Natural Resources Inc., 6.25%, 10/01/40		35		28,546
Nucor Corp.
2.98%, 12/15/55 (Call 06/15/55)		94		58,540
3.85%, 04/01/52 (Call 09/01/51)		50		38,316
6.40%, 12/01/37		75		83,834
Steel Dynamics Inc., 3.25%, 10/15/50 (Call 04/15/50)		100		65,409
U.S. Steel Corp., 6.65%, 06/01/37(b)		40		36,876
Vale Overseas Ltd.
6.88%, 11/21/36		217		225,925
6.88%, 11/10/39		170		175,275

19

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Iron & Steel (continued)
8.25%, 01/17/34	$	10	$	11,661
Vale SA, 5.63%, 09/11/42		80		76,167
				882,869
Leisure Time — 0.0%
Brunswick Corp., 5.10%, 04/01/52 (Call 10/01/51)		50		36,142
Harley-Davidson Inc., 4.63%, 07/28/45 (Call 01/28/45)		30		22,741
				58,883
Lodging — 0.0%
Marriott International Inc./MD, Series II, 2.75%, 10/15/33 (Call 07/15/33)		150		119,366
Machinery — 0.2%
ABB Finance USA Inc., 4.38%, 05/08/42		10		8,948
Caterpillar Inc.
3.25%, 09/19/49 (Call 03/19/49)		305		236,296
3.25%, 04/09/50 (Call 10/09/49)		75		58,139
3.80%, 08/15/42		90		77,916
4.30%, 05/15/44 (Call 11/15/43)		70		65,040
4.75%, 05/15/64 (Call 11/15/63)		45		42,334
5.20%, 05/27/41		61		63,214
6.05%, 08/15/36		75		83,082
Deere & Co.
2.88%, 09/07/49 (Call 03/07/49)		190		140,750
3.75%, 04/15/50 (Call 10/15/49)(b)		115		100,143
3.90%, 06/09/42 (Call 12/09/41)		44		39,340
Dover Corp.
5.38%, 10/15/35		40		40,960
5.38%, 03/01/41 (Call 12/01/40)		20		19,705
Otis Worldwide Corp.
3.11%, 02/15/40 (Call 08/15/39)		40		30,348
3.36%, 02/15/50 (Call 08/15/49)		205		147,290
Rockwell Automation Inc., 4.20%, 03/01/49 (Call 09/01/48)		80		70,665
Xylem Inc./NY, 4.38%, 11/01/46 (Call 05/01/46)		20		16,941
				1,241,111
Manufacturing — 0.3%
3M Co.
3.13%, 09/19/46 (Call 03/19/46)(b)		60		40,401
3.25%, 08/26/49 (Call 02/26/49)(b)		25		17,012
3.63%, 10/15/47 (Call 04/15/47)		153		111,340
3.70%, 04/15/50 (Call 10/15/49)(b)		50		37,372
3.88%, 06/15/44		90		70,717
4.00%, 09/14/48 (Call 03/14/48)(b)		155		124,039
5.70%, 03/15/37(b)		87		89,291
Eaton Corp.
3.92%, 09/15/47 (Call 03/15/47)		15		12,484
4.15%, 11/02/42		100		87,202
4.70%, 08/23/52 (Call 02/23/52)		145		136,704
GE Capital International Funding Co. Unlimited Co., 4.42%, 11/15/35		200		189,534
General Electric Co.
4.50%, 03/11/44		30		26,410
5.88%, 01/14/38		30		32,187
6.88%, 01/10/39		100		117,321
Illinois Tool Works Inc.
3.90%, 09/01/42 (Call 03/01/42)		80		70,085
4.88%, 09/15/41 (Call 03/15/41)		51		50,622
Parker-Hannifin Corp.
4.00%, 06/14/49 (Call 12/14/48)		90		74,096
4.10%, 03/01/47 (Call 09/01/46)		20		16,772
4.20%, 11/21/34 (Call 05/21/34)		40		36,968

Security	Par (000)		Value
Manufacturing (continued)
4.45%, 11/21/44 (Call 05/21/44)	$	85	$	75,749
6.25%, 05/15/38		10		10,845
Siemens Financieringsmaatschappij NV
2.88%, 03/11/41(a)		250		189,440
4.20%, 03/16/47(a)		250		225,540
				1,842,131
Media — 2.3%
CCO Holdings LLC/CCO Holdings Capital Corp.
4.25%, 01/15/34 (Call 01/15/28)(a)		225		166,428
4.50%, 06/01/33 (Call 06/01/27)(a)		185		141,229
Charter Communications Operating LLC/Charter Communications Operating Capital
3.50%, 06/01/41 (Call 12/01/40)		145		95,601
3.50%, 03/01/42 (Call 09/01/41)		115		74,851
3.70%, 04/01/51 (Call 10/01/50)		295		180,331
3.85%, 04/01/61 (Call 10/01/60)		155		91,259
3.90%, 06/01/52 (Call 12/01/51)		220		138,303
3.95%, 06/30/62 (Call 12/30/61)		270		161,201
4.40%, 12/01/61 (Call 06/01/61)		160		103,698
4.80%, 03/01/50 (Call 09/01/49)		240		175,186
5.13%, 07/01/49 (Call 01/01/49)		235		178,588
5.25%, 04/01/53 (Call 10/01/52)		130		101,089
5.38%, 04/01/38 (Call 10/01/37)		240		202,015
5.38%, 05/01/47 (Call 11/01/46)		150		119,275
5.50%, 04/01/63 (Call 10/01/62)		165		127,327
5.75%, 04/01/48 (Call 10/01/47)		243		201,170
6.38%, 10/23/35 (Call 04/23/35)		295		285,740
6.48%, 10/23/45 (Call 04/23/45)		246		222,229
6.83%, 10/23/55 (Call 04/23/55)		110		101,677
Comcast Corp.
2.45%, 08/15/52 (Call 02/15/52)		65		38,938
2.65%, 08/15/62 (Call 02/15/62)		295		172,009
2.80%, 01/15/51 (Call 07/15/50)		192		125,610
2.89%, 11/01/51 (Call 05/01/51)		462		304,033
2.94%, 11/01/56 (Call 05/01/56)		529		338,412
2.99%, 11/01/63 (Call 05/01/63)		334		206,806
3.20%, 07/15/36 (Call 01/15/36)		200		165,500
3.25%, 11/01/39 (Call 05/01/39)		201		157,861
3.40%, 07/15/46 (Call 01/15/46)		250		186,827
3.45%, 02/01/50 (Call 08/01/49)		180		134,365
3.75%, 04/01/40 (Call 10/01/39)		70		58,472
3.90%, 03/01/38 (Call 09/01/37)		115		100,134
3.97%, 11/01/47 (Call 05/01/47)		164		134,213
4.00%, 08/15/47 (Call 02/15/47)		110		90,377
4.00%, 03/01/48 (Call 09/01/47)		105		86,751
4.00%, 11/01/49 (Call 05/01/49)		216		175,772
4.05%, 11/01/52 (Call 05/01/52)		224		182,802
4.20%, 08/15/34 (Call 02/15/34)		185		173,700
4.40%, 08/15/35 (Call 02/15/35)		104		98,237
4.60%, 10/15/38 (Call 04/15/38)		214		199,814
4.60%, 08/15/45 (Call 02/15/45)		70		62,670
4.65%, 07/15/42		100		91,848
4.70%, 10/15/48 (Call 04/15/48)		75		69,211
4.75%, 03/01/44		150		137,376
4.95%, 10/15/58 (Call 04/15/58)		145		136,426
5.35%, 05/15/53		120		119,238
5.50%, 05/15/64		120		118,898
5.65%, 06/15/35		95		99,940
6.50%, 11/15/35		145		162,470
6.55%, 07/01/39		10		11,180

20

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Media (continued)
6.95%, 08/15/37	$	15	$	17,400
Cox Communications Inc.
2.95%, 10/01/50 (Call 04/01/50)(a)		50		30,819
3.60%, 06/15/51 (Call 12/15/50)(a)		75		51,761
4.50%, 06/30/43 (Call 12/30/42)(a)		141		114,388
4.70%, 12/15/42(a)		95		79,276
4.80%, 02/01/35 (Call 08/01/34)(a)		80		72,555
8.38%, 03/01/39(a)		55		65,649
Discovery Communications LLC
4.00%, 09/15/55 (Call 03/15/55)		336		212,869
4.65%, 05/15/50 (Call 11/15/49)		275		201,509
4.88%, 04/01/43		30		23,331
5.00%, 09/20/37 (Call 03/20/37)		60		50,157
5.20%, 09/20/47 (Call 03/20/47)		230		182,096
5.30%, 05/15/49 (Call 11/15/48)		301		239,141
6.35%, 06/01/40		215		203,461
Fox Corp.
5.48%, 01/25/39 (Call 07/25/38)		265		245,366
5.58%, 01/25/49 (Call 07/25/48)		155		139,934
Grupo Televisa SAB
5.00%, 05/13/45 (Call 11/13/44)		15		12,882
6.63%, 01/15/40		164		171,321
Historic TW Inc., 8.30%, 01/15/36(e)		15		16,283
NBCUniversal Media LLC
4.45%, 01/15/43		15		13,366
5.95%, 04/01/41		130		137,335
Paramount Global
4.38%, 03/15/43		135		93,577
4.60%, 01/15/45 (Call 07/15/44)		90		63,020
4.85%, 07/01/42 (Call 01/01/42)		49		36,163
4.90%, 08/15/44 (Call 02/15/44)		75		54,620
4.95%, 05/19/50 (Call 11/19/49)		125		92,820
5.25%, 04/01/44 (Call 10/01/43)		70		53,353
5.85%, 09/01/43 (Call 03/01/43)		115		96,126
5.90%, 10/15/40 (Call 04/15/40)		45		38,519
6.88%, 04/30/36		109		106,692
Sky Group Finance Ltd., 6.50%, 10/15/35(a)		20		22,020
Thomson Reuters Corp.
5.65%, 11/23/43 (Call 05/23/43)		15		14,161
5.85%, 04/15/40		70		69,824
Time Warner Cable LLC
4.50%, 09/15/42 (Call 03/15/42)		79		58,420
5.50%, 09/01/41 (Call 03/01/41)		195		160,891
5.88%, 11/15/40 (Call 05/15/40)		115		99,396
6.55%, 05/01/37		135		128,651
6.75%, 06/15/39		275		260,023
7.30%, 07/01/38		245		249,562
TWDC Enterprises 18 Corp.
3.00%, 07/30/46		60		42,041
3.70%, 12/01/42		45		36,694
4.13%, 06/01/44		75		64,647
4.38%, 08/16/41		50		44,757
Series E, 4.13%, 12/01/41		40		34,632
Walt Disney Co. (The)
2.75%, 09/01/49 (Call 03/01/49)		170		113,137
3.50%, 05/13/40 (Call 11/13/39)		145		118,910
3.60%, 01/13/51 (Call 07/13/50)		275		211,854
4.63%, 03/23/40 (Call 09/23/39)		50		47,378
4.70%, 03/23/50 (Call 09/23/49)		170		158,358
4.75%, 09/15/44 (Call 03/15/44)		130		120,500

Security	Par (000)		Value
Media (continued)
4.75%, 11/15/46 (Call 05/15/46)	$	30	$	27,934
4.95%, 10/15/45 (Call 04/15/45)		100		95,454
5.40%, 10/01/43		245		246,877
6.15%, 03/01/37		26		28,168
6.15%, 02/15/41		125		135,879
6.20%, 12/15/34		50		55,092
6.40%, 12/15/35		51		56,980
6.65%, 11/15/37		125		143,102
7.75%, 12/01/45		75		95,927
				12,864,145
Metal Fabricate & Hardware — 0.0%
Precision Castparts Corp.
3.90%, 01/15/43 (Call 07/15/42)		40		33,686
4.38%, 06/15/45 (Call 12/15/44)		20		17,792
Valmont Industries Inc.
5.00%, 10/01/44 (Call 04/01/44)		115		100,825
5.25%, 10/01/54 (Call 04/01/54)		40		35,098
				187,401
Mining — 0.8%
Anglo American Capital PLC, 4.75%, 03/16/52 (Call 09/16/51)(f)		200		162,066
AngloGold Ashanti Holdings PLC, 6.50%, 04/15/40(b)		30		29,313
Barrick Gold Corp., 6.45%, 10/15/35		30		32,032
Barrick North America Finance LLC
5.70%, 05/30/41		139		140,519
5.75%, 05/01/43		79		80,294
Barrick PD Australia Finance Pty Ltd., 5.95%, 10/15/39		125		129,780
BHP Billiton Finance USA Ltd.
4.13%, 02/24/42		185		163,333
5.00%, 09/30/43		225		220,417
Corp. Nacional del Cobre de Chile
3.70%, 01/30/50 (Call 07/30/49)(f)		400		296,308
4.25%, 07/17/42(a)		200		167,376
4.38%, 02/05/49 (Call 08/05/48)(f)		200		165,410
4.50%, 08/01/47 (Call 02/01/47)(f)		200		167,984
5.63%, 09/21/35(a)		100		104,199
Freeport-McMoRan Inc.
5.40%, 11/14/34 (Call 05/14/34)		50		47,951
5.45%, 03/15/43 (Call 09/15/42)		235		213,006
Fresnillo PLC, 4.25%, 10/02/50 (Call 04/02/50)(b)(f)		200		147,814
Glencore Finance Canada Ltd.
5.55%, 10/25/42(a)		45		41,765
6.00%, 11/15/41(a)		25		24,800
6.90%, 11/15/37(a)		104		112,287
Glencore Funding LLC, 3.88%, 04/27/51 (Call 10/27/50)(a)(b)		50		36,594
Indonesia Asahan Aluminium Persero PT, 5.80%, 05/15/50 (Call 11/15/49)(f)		200		178,878
Industrias Penoles SAB de CV, 4.75%, 08/06/50 (Call 02/06/50)(f)		200		158,454
Newcrest Finance Pty Ltd.
4.20%, 05/13/50 (Call 11/13/49)(a)		40		32,557
5.75%, 11/15/41(a)		20		19,749
Newmont Corp.
4.88%, 03/15/42 (Call 09/15/41)		45		41,703
5.45%, 06/09/44 (Call 12/09/43)		110		108,922
5.88%, 04/01/35		95		98,371
6.25%, 10/01/39		90		94,646
Rio Tinto Alcan Inc.
5.75%, 06/01/35		25		25,921
6.13%, 12/15/33		50		54,031

21

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Mining (continued)
Rio Tinto Finance USA Ltd.
2.75%, 11/02/51 (Call 05/02/51)	$	115	$	76,147
5.20%, 11/02/40		185		185,488
Rio Tinto Finance USA PLC
4.13%, 08/21/42 (Call 02/21/42)		55		47,791
4.75%, 03/22/42 (Call 09/22/41)		50		47,278
5.13%, 03/09/53 (Call 09/09/52)		150		149,019
Southern Copper Corp.
5.25%, 11/08/42		80		74,640
5.88%, 04/23/45		128		129,939
6.75%, 04/16/40		145		157,015
7.50%, 07/27/35		200		227,862
				4,391,659
Office & Business Equipment — 0.0%
Xerox Corp.
4.80%, 03/01/35		30		18,364
6.75%, 12/15/39		40		28,818
				47,182
Oil & Gas — 3.2%
Apache Corp.
4.25%, 01/15/44 (Call 07/15/43)		25		16,921
4.75%, 04/15/43 (Call 10/15/42)		45		34,236
5.10%, 09/01/40 (Call 03/01/40)		160		132,043
5.25%, 02/01/42 (Call 08/01/41)		40		32,550
5.35%, 07/01/49 (Call 01/01/49)		40		30,624
6.00%, 01/15/37		45		41,569
7.38%, 08/15/47		15		14,363
BP Capital Markets America Inc.
2.77%, 11/10/50 (Call 05/10/50)		125		81,135
2.94%, 06/04/51 (Call 12/04/50)		230		153,580
3.00%, 02/24/50 (Call 08/24/49)		285		194,022
3.00%, 03/17/52 (Call 09/17/51)		190		127,754
3.06%, 06/17/41 (Call 12/17/40)		95		70,641
3.38%, 02/08/61 (Call 08/08/60)		255		177,222
Canadian Natural Resources Ltd.
4.95%, 06/01/47 (Call 12/01/46)		100		87,247
6.25%, 03/15/38		80		81,877
6.50%, 02/15/37		50		51,349
6.75%, 02/01/39		90		94,005
Cenovus Energy Inc.
3.75%, 02/15/52 (Call 08/15/51)(b)		105		72,740
5.25%, 06/15/37 (Call 12/15/36)		100		92,977
5.40%, 06/15/47 (Call 12/15/46)		120		107,728
6.75%, 11/15/39		44		46,097
6.80%, 09/15/37		70		72,970
Chevron Corp., 3.08%, 05/11/50 (Call 11/11/49)		205		151,077
Chevron USA Inc.
2.34%, 08/12/50 (Call 02/12/50)		105		66,000
5.25%, 11/15/43 (Call 05/15/43)		28		28,497
6.00%, 03/01/41 (Call 09/01/40)		15		16,409
CNOOC Finance 2014 ULC, 4.88%, 04/30/44		200		191,138
CNOOC Petroleum North America ULC
5.88%, 03/10/35		100		107,072
6.40%, 05/15/37		200		223,494
7.50%, 07/30/39		100		121,998
ConocoPhillips Co.
3.76%, 03/15/42 (Call 09/15/41)		30		24,865
3.80%, 03/15/52 (Call 09/15/51)		125		99,711
4.03%, 03/15/62 (Call 09/15/61)		191		151,839
4.30%, 11/15/44 (Call 05/15/44)		277		242,320

Security	Par (000)		Value
Oil & Gas (continued)
5.30%, 05/15/53	$	60	$	59,851
5.95%, 03/15/46 (Call 09/15/45)		10		10,829
6.50%, 02/01/39		135		154,019
Continental Resources Inc./OK, 4.90%, 06/01/44 (Call 12/01/43)		100		75,030
Devon Energy Corp.
4.75%, 05/15/42 (Call 11/15/41)		94		78,638
5.00%, 06/15/45 (Call 12/15/44)		120		102,606
5.60%, 07/15/41 (Call 01/15/41)		120		111,382
Diamondback Energy Inc.
4.25%, 03/15/52 (Call 09/15/51)		115		86,923
4.40%, 03/24/51 (Call 09/24/50)		90		69,832
6.25%, 03/15/53 (Call 09/15/52)		25		25,118
Ecopetrol SA
5.88%, 05/28/45		220		144,214
5.88%, 11/02/51 (Call 05/02/51)		130		82,832
7.38%, 09/18/43		50		40,267
Eni SpA, 5.70%, 10/01/40(a)		25		22,329
EOG Resources Inc.
3.90%, 04/01/35 (Call 10/01/34)		215		194,040
4.95%, 04/15/50 (Call 10/15/49)		35		33,843
Equinor ASA
3.25%, 11/18/49 (Call 05/18/49)		30		22,172
3.63%, 04/06/40 (Call 10/06/39)		140		117,009
3.70%, 04/06/50 (Call 10/06/49)		100		80,626
3.95%, 05/15/43		77		65,703
4.25%, 11/23/41		60		53,659
4.80%, 11/08/43		115		109,612
5.10%, 08/17/40		15		14,857
Exxon Mobil Corp.
3.00%, 08/16/39 (Call 02/16/39)		30		23,461
3.10%, 08/16/49 (Call 02/16/49)		195		140,706
3.45%, 04/15/51 (Call 10/15/50)		265		203,448
3.57%, 03/06/45 (Call 09/06/44)		151		121,513
4.11%, 03/01/46 (Call 09/01/45)		340		295,837
4.23%, 03/19/40 (Call 09/19/39)		170		155,640
4.33%, 03/19/50 (Call 09/19/49)		245		218,640
Hess Corp.
5.60%, 02/15/41		140		131,845
5.80%, 04/01/47 (Call 10/01/46)(b)		100		95,772
6.00%, 01/15/40		50		49,194
KazMunayGas National Co. JSC, 6.38%, 10/24/48(f)		250		205,412
Marathon Oil Corp.
5.20%, 06/01/45 (Call 12/01/44)		65		54,466
6.60%, 10/01/37		141		141,032
Marathon Petroleum Corp.
4.50%, 04/01/48 (Call 10/01/47)		95		73,525
4.75%, 09/15/44 (Call 03/15/44)		100		82,280
5.00%, 09/15/54 (Call 03/15/54)		85		68,312
6.50%, 03/01/41 (Call 09/01/40)		83		84,452
Motiva Enterprises LLC, 6.85%, 01/15/40(a)		50		53,249
Murphy Oil Corp., 5.88%, 12/01/42 (Call 06/01/42)		45		36,795
Occidental Petroleum Corp.
4.10%, 02/15/47 (Call 08/15/46)		25		18,153
4.20%, 03/15/48 (Call 09/15/47)(b)		30		22,264
4.30%, 08/15/39 (Call 02/15/39)		25		19,567
4.40%, 04/15/46 (Call 10/15/45)		45		34,095
4.40%, 08/15/49 (Call 02/15/49)(b)		30		22,595
4.50%, 07/15/44 (Call 01/15/44)(b)		55		42,614
4.63%, 06/15/45 (Call 12/15/44)		30		23,146

22

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Oil & Gas (continued)
6.20%, 03/15/40	$	79	$	77,154
6.45%, 09/15/36		180		182,801
6.60%, 03/15/46 (Call 09/15/45)		120		122,411
7.95%, 06/15/39		35		39,067
Ovintiv Inc.
6.50%, 08/15/34		65		65,331
6.50%, 02/01/38		40		39,611
6.63%, 08/15/37		75		74,630
7.10%, 07/15/53		60		60,410
Pertamina Persero PT
4.18%, 01/21/50 (Call 07/21/49)(f)		400		314,564
5.63%, 05/20/43(f)		200		190,466
6.45%, 05/30/44(f)		200		207,504
Petrobras Global Finance BV
5.50%, 06/10/51 (Call 12/10/50)		50		39,016
6.75%, 01/27/41		115		108,684
6.85%, 06/05/2115		200		171,180
6.88%, 01/20/40(b)		40		38,532
6.90%, 03/19/49		50		45,601
7.25%, 03/17/44(b)		110		108,142
Petroleos del Peru SA, 5.63%, 06/19/47(f)		200		121,494
Petroleos Mexicanos
5.50%, 06/27/44(b)		50		27,565
5.63%, 01/23/46		100		54,718
6.35%, 02/12/48(b)		150		87,254
6.38%, 01/23/45(b)		195		114,463
6.50%, 06/02/41		155		95,368
6.63%, 06/15/35		275		185,823
6.75%, 09/21/47		560		338,486
6.95%, 01/28/60 (Call 07/28/59)		360		214,718
7.69%, 01/23/50 (Call 07/23/49)		950		615,201
Petronas Capital Ltd.
3.40%, 04/28/61 (Call 10/28/60)(f)		200		144,680
4.50%, 03/18/45(f)		200		184,906
4.55%, 04/21/50 (Call 10/21/49)(f)		300		278,685
Phillips 66
3.30%, 03/15/52 (Call 09/15/51)		155		104,614
4.88%, 11/15/44 (Call 05/15/44)		150		135,559
5.88%, 05/01/42		110		112,606
Phillips 66 Co.
4.68%, 02/15/45		130		110,282
4.90%, 10/01/46		35		30,568
Qatar Petroleum
3.13%, 07/12/41 (Call 01/12/41)(f)		400		301,772
3.30%, 07/12/51 (Call 01/12/51)(f)		400		287,628
Reliance Industries Ltd., 3.63%, 01/12/52(f)		250		177,412
Saudi Arabian Oil Co.
3.25%, 11/24/50 (Call 05/24/50)(f)		200		139,180
3.50%, 11/24/70 (Call 05/24/70)(f)		200		132,176
4.25%, 04/16/39(f)		400		355,724
4.38%, 04/16/49(f)		400		341,916
Shell International Finance BV
2.88%, 11/26/41 (Call 05/26/41)		125		92,003
3.00%, 11/26/51 (Call 05/26/51)		155		107,313
3.13%, 11/07/49 (Call 05/07/49)		161		115,461
3.25%, 04/06/50 (Call 10/06/49)		175		128,384
3.63%, 08/21/42		80		65,242
3.75%, 09/12/46		95		76,339
4.00%, 05/10/46		200		167,584
4.13%, 05/11/35		222		206,098

Security	Par (000)		Value
Oil & Gas (continued)
4.38%, 05/11/45	$	205	$	181,626
4.55%, 08/12/43		100		91,401
5.50%, 03/25/40		115		118,777
6.38%, 12/15/38		296		330,540
Sinopec Group Development Ltd., 3.10%, 01/08/51 (Call 07/08/50)(f)		200		143,568
Sinopec Group Overseas Development 2015 Ltd., 4.10%, 04/28/45(f)		200		175,876
Sinopec Group Overseas Development 2017 Ltd., 4.25%, 04/12/47(f)		300		268,962
Suncor Energy Inc.
3.75%, 03/04/51 (Call 09/04/50)		65		47,026
4.00%, 11/15/47 (Call 05/15/47)		194		148,051
6.50%, 06/15/38		150		156,469
6.80%, 05/15/38		95		100,912
6.85%, 06/01/39		40		42,791
Thaioil Treasury Center Co. Ltd., 3.50%, 10/17/49(f)		200		126,474
TotalEnergies Capital International SA
2.99%, 06/29/41 (Call 12/29/40)		125		94,535
3.13%, 05/29/50 (Call 11/29/49)		316		224,758
3.39%, 06/29/60 (Call 12/29/59)		20		14,297
3.46%, 07/12/49 (Call 01/12/49)		135		103,010
Transocean Inc.
6.80%, 03/15/38		65		43,418
9.35%, 12/15/41		25		18,771
Valero Energy Corp.
3.65%, 12/01/51 (Call 06/01/51)		100		68,501
4.00%, 06/01/52 (Call 12/01/51)		25		18,454
4.90%, 03/15/45		135		117,905
6.63%, 06/15/37		160		171,979
YPF SA, 7.00%, 12/15/47 (Call 06/15/47)(f)		110		70,927
				17,826,828
Oil & Gas Services — 0.2%
Baker Hughes Holdings LLC, 5.13%, 09/15/40		70		66,360
Baker Hughes Holdings LLC/Baker Hughes Co-Obligor Inc., 4.08%, 12/15/47 (Call 06/15/47)		168		131,768
Halliburton Co.
4.50%, 11/15/41 (Call 05/15/41)		50		41,647
4.75%, 08/01/43 (Call 02/01/43)		213		182,556
4.85%, 11/15/35 (Call 05/15/35)		171		161,752
5.00%, 11/15/45 (Call 05/15/45)		125		110,960
6.70%, 09/15/38		73		80,056
7.45%, 09/15/39		65		74,103
NOV Inc., 3.95%, 12/01/42 (Call 06/01/42)		119		86,013
				935,215
Packaging & Containers — 0.1%
Klabin Austria GmbH, 7.00%, 04/03/49 (Call 10/03/48)(f)		200		188,592
Packaging Corp. of America
3.05%, 10/01/51 (Call 04/01/51)		25		16,237
4.05%, 12/15/49 (Call 06/15/49)		60		47,064
Sealed Air Corp., 6.88%, 07/15/33(a)		50		51,435
Sonoco Products Co., 5.75%, 11/01/40 (Call 05/01/40)		20		19,786
				323,114
Pharmaceuticals — 3.3%
AbbVie Inc.
4.05%, 11/21/39 (Call 05/21/39)		455		390,222
4.25%, 11/21/49 (Call 05/21/49)		580		491,185
4.30%, 05/14/36 (Call 11/14/35)		230		211,752
4.40%, 11/06/42		205		179,918
4.45%, 05/14/46 (Call 11/14/45)		136		117,239

23

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Pharmaceuticals (continued)
4.50%, 05/14/35 (Call 11/14/34)	$	345	$	327,295
4.55%, 03/15/35 (Call 09/15/34)		209		198,483
4.63%, 10/01/42 (Call 04/01/42)		105		93,683
4.70%, 05/14/45 (Call 11/14/44)		275		247,464
4.75%, 03/15/45 (Call 09/15/44)		85		76,537
4.85%, 06/15/44 (Call 12/15/43)		95		87,267
4.88%, 11/14/48 (Call 05/14/48)		165		152,976
AmerisourceBergen Corp.
4.25%, 03/01/45 (Call 09/01/44)		35		28,773
4.30%, 12/15/47 (Call 06/15/47)		130		109,464
AstraZeneca PLC
2.13%, 08/06/50 (Call 02/06/50)		15		9,140
4.00%, 09/18/42		76		67,134
4.38%, 11/16/45		173		159,458
4.38%, 08/17/48 (Call 02/17/48)		164		150,496
6.45%, 09/15/37		340		392,013
Bayer U.S. Finance II LLC
3.95%, 04/15/45 (Call 10/15/44)(a)		148		110,054
4.40%, 07/15/44 (Call 01/15/44)(a)		240		190,970
4.63%, 06/25/38 (Call 12/25/37)(a)		100		88,027
4.70%, 07/15/64 (Call 01/15/64)(a)		81		63,709
5.50%, 07/30/35(a)		20		19,910
Becton Dickinson and Co.
4.67%, 06/06/47 (Call 12/06/46)		318		285,475
4.69%, 12/15/44 (Call 06/15/44)		48		43,161
Bristol-Myers Squibb Co.
2.35%, 11/13/40 (Call 05/13/40)		90		62,921
2.55%, 11/13/50 (Call 05/13/50)		130		82,780
3.25%, 08/01/42		180		139,181
3.55%, 03/15/42 (Call 09/15/41)		10		8,206
3.70%, 03/15/52 (Call 09/15/51)		155		123,895
3.90%, 03/15/62 (Call 09/15/61)		220		171,712
4.13%, 06/15/39 (Call 12/15/38)		170		153,840
4.25%, 10/26/49 (Call 04/26/49)		450		391,599
4.35%, 11/15/47 (Call 05/15/47)		155		137,995
4.55%, 02/20/48 (Call 08/20/47)		95		86,902
4.63%, 05/15/44 (Call 11/15/43)		230		215,572
Cardinal Health Inc.
4.37%, 06/15/47 (Call 12/15/46)		86		69,058
4.50%, 11/15/44 (Call 05/15/44)		60		49,058
4.60%, 03/15/43		40		33,461
4.90%, 09/15/45 (Call 03/15/45)		30		25,705
Cigna Group (The)
3.20%, 03/15/40 (Call 09/15/39)		100		76,163
3.40%, 03/15/50 (Call 09/15/49)		150		106,882
3.40%, 03/15/51 (Call 09/15/50)		170		121,411
3.88%, 10/15/47 (Call 04/15/47)		155		120,224
4.80%, 08/15/38 (Call 02/15/38)		124		116,352
4.80%, 07/15/46 (Call 01/16/46)		100		89,323
4.90%, 12/15/48 (Call 06/15/48)		250		227,282
6.13%, 11/15/41		81		86,702
CVS Health Corp.
2.70%, 08/21/40 (Call 02/21/40)		150		103,536
4.13%, 04/01/40 (Call 10/01/39)		30		24,972
4.25%, 04/01/50 (Call 10/01/49)		130		105,188
4.78%, 03/25/38 (Call 09/25/37)		502		464,501
4.88%, 07/20/35 (Call 01/20/35)		285		271,041
5.05%, 03/25/48 (Call 09/25/47)		841		759,230
5.13%, 07/20/45 (Call 01/20/45)		241		219,594
5.30%, 12/05/43 (Call 06/05/43)		152		143,023

Security	Par (000)		Value
Pharmaceuticals (continued)
5.63%, 02/21/53 (Call 08/21/52)	$	180	$	175,477
5.88%, 06/01/53		100		100,696
6.00%, 06/01/63		100		100,357
6.13%, 09/15/39		15		15,453
Eli Lilly & Co.
2.25%, 05/15/50 (Call 11/15/49)		120		76,972
2.50%, 09/15/60 (Call 03/15/60)		130		79,689
3.95%, 03/15/49 (Call 09/15/48)		20		17,623
4.15%, 03/15/59 (Call 09/15/58)		75		65,557
4.88%, 02/27/53 (Call 08/27/52)		265		266,879
4.95%, 02/27/63 (Call 08/27/62)		120		119,221
5.55%, 03/15/37		95		103,130
GlaxoSmithKline Capital Inc.
4.20%, 03/18/43		53		47,261
6.38%, 05/15/38		317		363,666
Johnson & Johnson
2.10%, 09/01/40 (Call 03/01/40)		135		94,331
2.45%, 09/01/60 (Call 03/01/60)		125		79,057
3.40%, 01/15/38 (Call 07/15/37)		116		101,756
3.50%, 01/15/48 (Call 07/15/47)		43		36,025
3.55%, 03/01/36 (Call 09/01/35)		160		145,157
3.63%, 03/03/37 (Call 09/03/36)		217		196,765
3.70%, 03/01/46 (Call 09/01/45)		200		172,890
3.75%, 03/03/47 (Call 09/03/46)		225		195,406
4.38%, 12/05/33 (Call 06/05/33)		25		25,330
4.50%, 09/01/40		60		58,433
4.50%, 12/05/43 (Call 06/05/43)		85		84,093
5.85%, 07/15/38		180		202,466
5.95%, 08/15/37		40		45,858
Mead Johnson Nutrition Co.
4.60%, 06/01/44 (Call 12/01/43)		45		40,750
5.90%, 11/01/39		20		20,819
Merck & Co. Inc.
2.35%, 06/24/40 (Call 12/24/39)		125		88,414
2.45%, 06/24/50 (Call 12/24/49)		225		145,231
2.75%, 12/10/51 (Call 06/10/51)		245		167,215
2.90%, 12/10/61 (Call 06/10/61)		110		71,976
3.60%, 09/15/42 (Call 03/15/42)		111		92,344
3.70%, 02/10/45 (Call 08/10/44)		175		147,455
4.00%, 03/07/49 (Call 09/07/48)		60		52,320
4.15%, 05/18/43		180		162,592
4.90%, 05/17/44		60		59,663
5.00%, 05/17/53 (Call 11/17/52)		160		161,070
5.15%, 05/17/63 (Call 11/17/62)		45		45,415
6.55%, 09/15/37		145		168,307
Merck Sharp & Dohme Corp., 5.75%, 11/15/36		75		80,816
Mylan Inc.
5.20%, 04/15/48 (Call 10/15/47)		90		67,849
5.40%, 11/29/43 (Call 05/29/43)		145		117,456
Novartis Capital Corp.
2.75%, 08/14/50 (Call 02/14/50)		105		74,118
3.70%, 09/21/42		40		34,170
4.00%, 11/20/45 (Call 05/20/45)		130		115,202
4.40%, 05/06/44		222		209,919
Perrigo Finance Unlimited Co., 4.90%, 12/15/44 (Call 06/15/44)		30		22,003
Pfizer Inc.
2.55%, 05/28/40 (Call 11/28/39)		150		109,051
2.70%, 05/28/50 (Call 11/28/49)		75		52,167
3.90%, 03/15/39 (Call 09/15/38)		45		39,793

24

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Pharmaceuticals (continued)
4.00%, 12/15/36	$	115	$	107,186
4.00%, 03/15/49 (Call 09/15/48)		215		187,532
4.10%, 09/15/38 (Call 03/15/38)		95		87,021
4.13%, 12/15/46		157		138,483
4.20%, 09/15/48 (Call 03/15/48)		145		129,550
4.30%, 06/15/43		150		136,705
4.40%, 05/15/44		130		121,562
5.60%, 09/15/40		30		31,787
7.20%, 03/15/39		250		310,640
Pfizer Investment Enterprises Pte Ltd.
5.11%, 05/19/43 (Call 11/19/42)		250		248,397
5.30%, 05/19/53 (Call 11/19/52)		700		720,650
5.34%, 05/19/63		350		350,294
Takeda Pharmaceutical Co. Ltd.
3.03%, 07/09/40 (Call 01/09/40)		200		149,368
3.18%, 07/09/50 (Call 01/09/50)		200		138,084
3.38%, 07/09/60 (Call 01/09/60)		40		26,900
Teva Pharmaceutical Finance Co. LLC, 6.15%, 02/01/36		65		58,341
Teva Pharmaceutical Finance Netherlands III BV, 4.10%, 10/01/46		250		159,140
Utah Acquisition Sub Inc., 5.25%, 06/15/46 (Call 12/15/45)		95		72,811
Viatris Inc.
3.85%, 06/22/40 (Call 12/22/39)		140		94,056
4.00%, 06/22/50 (Call 12/22/49)		220		140,811
Wyeth LLC
5.95%, 04/01/37		150		164,971
6.00%, 02/15/36		50		54,591
6.50%, 02/01/34		25		28,266
Zoetis Inc.
3.00%, 05/15/50 (Call 11/15/49)		30		20,595
3.95%, 09/12/47 (Call 03/12/47)		105		85,272
4.45%, 08/20/48 (Call 02/20/48)		25		21,903
4.70%, 02/01/43 (Call 08/01/42)		130		119,011
				18,298,704
Pipelines — 2.2%
Abu Dhabi Crude Oil Pipeline LLC, 4.60%, 11/02/47(f)		200		185,000
Buckeye Partners LP
5.60%, 10/15/44 (Call 04/15/44)		30		21,627
5.85%, 11/15/43 (Call 05/15/43)		45		33,429
6.75%, 08/15/33		15		13,619
Cameron LNG LLC
3.30%, 01/15/35 (Call 09/15/34)(a)		90		75,067
3.40%, 01/15/38 (Call 07/15/37)(a)		50		42,025
3.70%, 01/15/39 (Call 07/15/38)(a)		190		155,150
Cheniere Corpus Christi Holdings LLC, 2.74%, 12/31/39 (Call 07/04/39)		60		47,514
Colonial Pipeline Co., 4.20%, 04/15/43 (Call 10/15/42)(a)		5		4,144
Columbia Pipeline Group Inc., 5.80%, 06/01/45 (Call 12/01/44)		40		39,434
DCP Midstream Operating LP
5.60%, 04/01/44 (Call 10/01/43)		30		27,766
6.45%, 11/03/36(a)		95		96,761
6.75%, 09/15/37(a)		60		63,128
Eastern Gas Transmission & Storage Inc.
4.60%, 12/15/44 (Call 06/15/44)		20		16,995
4.80%, 11/01/43 (Call 05/01/43)		40		35,120
EIG Pearl Holdings Sarl
3.55%, 08/31/36(f)		200		170,282
4.39%, 11/30/46(f)		200		155,626

Security	Par (000)		Value
Pipelines (continued)
Enbridge Energy Partners LP
5.50%, 09/15/40 (Call 03/15/40)	$	21	$	19,768
7.38%, 10/15/45 (Call 04/15/45)		100		114,644
Series B, 7.50%, 04/15/38		30		34,168
Enbridge Inc.
3.40%, 08/01/51 (Call 02/01/51)		35		23,640
4.00%, 11/15/49 (Call 05/15/49)		95		71,697
4.50%, 06/10/44 (Call 12/10/43)		130		106,094
5.50%, 12/01/46 (Call 06/01/46)		53		50,021
Energy Transfer LP
4.90%, 03/15/35 (Call 09/15/34)		85		77,746
4.95%, 01/15/43 (Call 07/15/42)		35		28,478
5.00%, 05/15/44 (Call 11/15/43)		25		20,700
5.00%, 05/15/50 (Call 11/15/49)		240		196,594
5.15%, 02/01/43 (Call 08/01/42)		65		54,610
5.15%, 03/15/45 (Call 09/15/44)		55		46,180
5.30%, 04/01/44 (Call 10/01/43)		41		34,580
5.30%, 04/15/47 (Call 10/15/46)		145		122,906
5.35%, 05/15/45 (Call 11/15/44)		55		46,894
5.40%, 10/01/47 (Call 04/01/47)		159		136,257
5.95%, 10/01/43 (Call 04/01/43)		70		64,475
6.00%, 06/15/48 (Call 12/15/47)		130		119,369
6.05%, 06/01/41 (Call 12/01/40)		10		9,588
6.10%, 02/15/42		40		38,029
6.13%, 12/15/45 (Call 06/15/45)		145		135,217
6.25%, 04/15/49 (Call 10/15/48)		150		142,864
6.50%, 02/01/42 (Call 08/01/41)		115		114,781
6.63%, 10/15/36		80		82,062
7.50%, 07/01/38		45		49,189
EnLink Midstream Partners LP
5.05%, 04/01/45 (Call 10/01/44)		54		41,805
5.45%, 06/01/47 (Call 12/01/46)		60		48,145
5.60%, 04/01/44 (Call 10/01/43)		40		32,112
Enterprise Products Operating LLC
3.20%, 02/15/52 (Call 08/15/51)		125		85,355
3.30%, 02/15/53 (Call 08/15/52)		120		83,724
3.70%, 01/31/51 (Call 07/31/50)		60		44,762
3.95%, 01/31/60 (Call 07/31/59)		10		7,480
4.20%, 01/31/50 (Call 07/31/49)		245		198,572
4.25%, 02/15/48 (Call 08/15/47)		270		222,537
4.45%, 02/15/43 (Call 08/15/42)		94		80,723
4.80%, 02/01/49 (Call 08/01/48)		125		111,655
4.85%, 08/15/42 (Call 02/15/42)		68		61,362
4.85%, 03/15/44 (Call 09/15/43)		60		53,918
4.90%, 05/15/46 (Call 11/15/45)		85		76,578
4.95%, 10/15/54 (Call 04/15/54)		15		13,276
5.10%, 02/15/45 (Call 08/15/44)		134		124,304
5.70%, 02/15/42		90		89,127
5.95%, 02/01/41		82		84,167
6.13%, 10/15/39		65		68,288
6.45%, 09/01/40		60		64,055
7.55%, 04/15/38		131		151,209
EQM Midstream Partners LP, 6.50%, 07/15/48 (Call 01/15/48)		60		49,220
Flex Intermediate Holdco LLC, 4.32%, 12/30/39 (Call 06/30/39)(a)		35		25,219
Galaxy Pipeline Assets Bidco Ltd.
2.16%, 03/31/34(f)		177		151,151
2.94%, 09/30/40(f)		190		153,283
3.25%, 09/30/40(f)		200		155,932

25

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Pipelines (continued)
Greensaif Pipelines Bidco Sarl
6.13%, 02/23/38(f)	$	200	$	205,620
6.51%, 02/23/42(f)		200		208,910
Kinder Morgan Energy Partners LP
4.70%, 11/01/42 (Call 05/01/42)		55		45,378
5.00%, 08/15/42 (Call 02/15/42)		60		50,740
5.00%, 03/01/43 (Call 09/01/42)		60		50,861
5.40%, 09/01/44 (Call 03/01/44)		85		75,253
5.50%, 03/01/44 (Call 09/01/43)		180		161,753
6.38%, 03/01/41		85		84,939
6.50%, 02/01/37		5		5,154
6.50%, 09/01/39		50		51,181
6.55%, 09/15/40		140		141,497
6.95%, 01/15/38		43		46,452
7.50%, 11/15/40		5		5,553
Kinder Morgan Inc.
3.25%, 08/01/50 (Call 02/01/50)		75		47,008
3.60%, 02/15/51 (Call 08/15/50)		145		97,483
5.05%, 02/15/46 (Call 08/15/45)		135		113,859
5.20%, 03/01/48 (Call 09/01/47)		100		85,973
5.30%, 12/01/34 (Call 06/01/34)		45		43,218
5.45%, 08/01/52 (Call 02/01/52)		130		115,417
5.55%, 06/01/45 (Call 12/01/44)		155		140,681
Magellan Midstream Partners LP
3.95%, 03/01/50 (Call 09/01/49)		110		77,374
4.20%, 10/03/47 (Call 04/03/47)		160		116,531
4.25%, 09/15/46 (Call 03/15/46)		55		39,901
4.85%, 02/01/49 (Call 08/01/48)		45		36,119
5.15%, 10/15/43 (Call 04/15/43)		20		16,818
MPLX LP
4.50%, 04/15/38 (Call 10/15/37)		225		194,031
4.70%, 04/15/48 (Call 10/15/47)		165		132,327
4.90%, 04/15/58 (Call 10/15/57)		90		71,891
4.95%, 03/14/52 (Call 09/14/51)		180		148,545
5.20%, 03/01/47 (Call 09/01/46)		85		73,207
5.20%, 12/01/47 (Call 06/01/47)		55		47,053
5.50%, 02/15/49 (Call 08/15/48)		122		108,667
5.65%, 03/01/53 (Call 09/01/52)		45		41,137
NGPL PipeCo LLC, 7.77%, 12/15/37(a)		63		67,455
Northern Natural Gas Co.
3.40%, 10/16/51 (Call 04/16/51)(a)		105		71,949
4.30%, 01/15/49 (Call 07/15/48)(a)		95		76,799
ONEOK Inc.
4.45%, 09/01/49 (Call 03/01/49)		85		63,328
4.50%, 03/15/50 (Call 09/15/49)		60		45,366
4.95%, 07/13/47 (Call 01/06/47)		65		52,814
5.20%, 07/15/48 (Call 01/15/48)		80		66,687
7.15%, 01/15/51 (Call 07/15/50)		60		62,059
ONEOK Partners LP
6.13%, 02/01/41 (Call 08/01/40)		60		57,757
6.20%, 09/15/43 (Call 03/15/43)		25		24,465
6.65%, 10/01/36		75		76,221
6.85%, 10/15/37		70		72,134
Plains All American Pipeline LP/PAA Finance Corp.
4.70%, 06/15/44 (Call 12/15/43)		135		103,887
4.90%, 02/15/45 (Call 08/15/44)		115		91,044
5.15%, 06/01/42 (Call 12/01/41)		95		77,833
Rockies Express Pipeline LLC
6.88%, 04/15/40(a)		55		47,321
7.50%, 07/15/38(a)		35		31,876

Security	Par (000)		Value
Pipelines (continued)
Sabal Trail Transmission LLC
4.68%, 05/01/38 (Call 11/01/37)(a)	$	55	$	50,777
4.83%, 05/01/48 (Call 11/01/47)(a)		20		17,276
Sabine Pass Liquefaction LLC, 5.90%, 09/15/37 (Call 03/15/37)(a)		30		30,382
Southern Natural Gas Co. LLC, 4.80%, 03/15/47 (Call 09/15/46)(a)		70		57,457
Spectra Energy Partners LP
4.50%, 03/15/45 (Call 09/15/44)		55		44,572
5.95%, 09/25/43 (Call 03/25/43)		55		54,209
Targa Resources Corp.
4.95%, 04/15/52 (Call 10/15/51)		150		119,262
6.25%, 07/01/52 (Call 01/01/52)		85		80,355
6.50%, 02/15/53 (Call 08/15/52)		25		24,496
Tennessee Gas Pipeline Co. LLC, 7.63%, 04/01/37		55		62,142
Texas Eastern Transmission LP, 4.15%, 01/15/48 (Call 07/15/47)(a)		39		30,222
TransCanada PipeLines Ltd.
4.63%, 03/01/34 (Call 12/01/33)		220		202,961
4.75%, 05/15/38 (Call 11/15/37)		45		40,536
4.88%, 05/15/48 (Call 11/15/47)		65		56,902
5.00%, 10/16/43 (Call 04/16/43)		95		84,631
5.10%, 03/15/49 (Call 09/15/48)		196		178,191
5.85%, 03/15/36		5		5,003
6.10%, 06/01/40		70		70,706
6.20%, 10/15/37		125		129,485
7.25%, 08/15/38		45		50,253
7.63%, 01/15/39		134		152,925
Transcontinental Gas Pipe Line Co. LLC
3.95%, 05/15/50 (Call 11/15/49)		40		30,668
4.60%, 03/15/48 (Call 09/15/47)		60		50,286
Venture Global Calcasieu Pass LLC, 3.88%, 11/01/33 (Call 05/01/33)(a)		140		114,733
Western Midstream Operating LP
5.30%, 03/01/48 (Call 09/01/47)		51		41,654
5.45%, 04/01/44 (Call 10/01/43)		80		67,113
5.50%, 08/15/48 (Call 02/15/48)		100		82,167
5.50%, 02/01/50 (Call 08/01/49)		120		96,332
Williams Companies Inc. (The)
3.50%, 10/15/51 (Call 04/15/51)		75		51,131
4.85%, 03/01/48 (Call 09/01/47)		75		63,889
4.90%, 01/15/45 (Call 07/15/44)		50		42,923
5.10%, 09/15/45 (Call 03/15/45)		215		190,365
5.30%, 08/15/52 (Call 02/15/52)		115		103,992
5.40%, 03/04/44 (Call 09/04/43)		60		54,999
5.75%, 06/24/44 (Call 12/24/43)		105		100,466
5.80%, 11/15/43 (Call 05/15/43)		15		14,405
6.30%, 04/15/40		115		119,080
				12,137,669
Private Equity — 0.1%
Apollo Management Holdings LP, 5.00%, 03/15/48 (Call 09/15/47)(a)(b)		35		31,137
Carlyle Finance LLC, 5.65%, 09/15/48 (Call 03/15/48)(a)		30		26,413
Carlyle Holdings II Finance LLC, 5.63%, 03/30/43(a)		75		66,068
KKR Group Finance Co. III LLC, 5.13%, 06/01/44 (Call 12/01/43)(a)		70		60,562
KKR Group Finance Co. VII LLC, 3.63%, 02/25/50 (Call 08/25/49)(a)		100		67,589
KKR Group Finance Co. VIII LLC, 3.50%, 08/25/50 (Call 02/25/50)(a)		50		33,190

26

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Private Equity (continued)
KKR Group Finance Co. X LLC, 3.25%, 12/15/51 (Call 06/15/51)(a)	$	20	$	12,779
				297,738
Real Estate Investment Trusts — 0.6%
Alexandria Real Estate Equities Inc.
2.95%, 03/15/34 (Call 12/15/33)		110		87,457
3.00%, 05/18/51 (Call 11/18/50)		95		57,066
3.55%, 03/15/52 (Call 09/15/51)		105		70,661
4.00%, 02/01/50 (Call 08/01/49)		180		132,059
4.75%, 04/15/35 (Call 01/15/35)		25		23,295
4.85%, 04/15/49 (Call 10/15/48)		15		12,379
5.15%, 04/15/53 (Call 10/15/52)		55		48,449
American Homes 4 Rent LP
3.38%, 07/15/51 (Call 01/15/51)		45		28,811
4.30%, 04/15/52 (Call 10/15/51)		30		22,593
American Tower Corp.
2.95%, 01/15/51 (Call 07/15/50)		30		18,535
3.10%, 06/15/50 (Call 12/15/49)		165		105,480
3.70%, 10/15/49 (Call 04/15/49)		130		91,285
AvalonBay Communities Inc.
3.90%, 10/15/46 (Call 04/15/46)		20		15,252
4.15%, 07/01/47 (Call 01/01/47)		70		56,712
4.35%, 04/15/48 (Call 10/18/47)		35		29,276
Boston Properties LP, 2.45%, 10/01/33 (Call 07/01/33)		30		20,966
Camden Property Trust, 3.35%, 11/01/49 (Call 05/01/49)		25		17,919
Corporate Office Properties LP, 2.90%, 12/01/33 (Call 09/01/33)		60		41,408
Crown Castle Inc.
2.90%, 04/01/41 (Call 10/01/40)		125		86,216
3.25%, 01/15/51 (Call 07/15/50)		181		120,264
4.75%, 05/15/47 (Call 11/15/46)		26		22,134
Crown Castle International Corp.
4.00%, 11/15/49 (Call 05/15/49)		155		116,913
5.20%, 02/15/49 (Call 08/15/48)		80		72,873
Equinix Inc.
2.95%, 09/15/51 (Call 03/15/51)		150		93,498
3.00%, 07/15/50 (Call 01/15/50)		95		60,272
ERP Operating LP
4.00%, 08/01/47 (Call 02/01/47)		20		15,536
4.50%, 07/01/44 (Call 01/01/44)		35		30,346
4.50%, 06/01/45 (Call 12/01/44)		80		66,921
Essex Portfolio LP
2.65%, 09/01/50 (Call 03/01/50)		55		30,862
4.50%, 03/15/48 (Call 09/15/47)		65		52,363
Federal Realty Investment Trust, 4.50%, 12/01/44 (Call 06/01/44)		60		47,294
Healthpeak Properties Inc., 6.75%, 02/01/41 (Call 08/01/40)		15		15,636
Kilroy Realty LP, 2.65%, 11/15/33 (Call 08/15/33)		30		19,858
Kimco Realty Corp.
3.70%, 10/01/49 (Call 04/01/49)		10		6,962
4.13%, 12/01/46 (Call 06/01/46)		55		40,489
4.25%, 04/01/45 (Call 10/01/44)		25		18,903
4.45%, 09/01/47 (Call 03/01/47)		50		39,053
Mid-America Apartments LP, 2.88%, 09/15/51 (Call 03/15/51)		25		15,922
NNN REIT Inc.
3.00%, 04/15/52 (Call 10/15/51)		25		15,002
3.10%, 04/15/50 (Call 10/15/49)		80		49,150
3.50%, 04/15/51 (Call 10/15/50)		65		43,192
4.80%, 10/15/48 (Call 04/15/48)		30		24,598

Security	Par (000)		Value
Real Estate Investment Trusts (continued)
Prologis LP
2.13%, 10/15/50 (Call 04/15/50)	$	65	$	36,325
3.00%, 04/15/50 (Call 10/15/49)		50		33,367
3.05%, 03/01/50 (Call 09/01/49)		25		17,109
4.38%, 09/15/48 (Call 03/15/48)		25		21,185
5.25%, 06/15/53 (Call 12/15/52)		130		126,685
Realty Income Corp., 4.65%, 03/15/47 (Call 09/15/46)		55		48,693
Regency Centers LP
4.40%, 02/01/47 (Call 08/01/46)		80		64,219
4.65%, 03/15/49 (Call 09/15/48)		20		16,585
Simon Property Group LP
3.25%, 09/13/49 (Call 03/13/49)		75		49,490
3.80%, 07/15/50 (Call 01/15/50)		65		47,804
4.25%, 10/01/44 (Call 04/01/44)		40		31,956
4.25%, 11/30/46 (Call 05/30/46)		35		27,749
4.75%, 03/15/42 (Call 09/15/41)		25		21,496
5.85%, 03/08/53 (Call 09/03/52)		169		165,130
6.75%, 02/01/40 (Call 11/01/39)		56		60,817
Trust Fibra Uno, 6.39%, 01/15/50 (Call 07/28/49)(f)		200		147,986
UDR Inc., 3.10%, 11/01/34 (Call 08/01/34)		50		40,308
Ventas Realty LP
4.38%, 02/01/45 (Call 08/01/44)		20		15,756
4.88%, 04/15/49 (Call 10/15/48)		60		50,179
5.70%, 09/30/43 (Call 03/30/43)		50		46,867
VICI Properties LP, 5.63%, 05/15/52 (Call 11/15/51)		105		92,565
WEA Finance LLC, 4.63%, 09/20/48 (Call 03/20/48)(a)		135		92,510
Welltower Inc., 6.50%, 03/15/41 (Call 09/15/40)		40		40,612
Weyerhaeuser Co., 4.00%, 03/09/52 (Call 09/09/51)		40		31,225
				3,310,478
Retail — 1.5%
7-Eleven Inc.
2.50%, 02/10/41 (Call 08/10/40)(a)		75		49,808
2.80%, 02/10/51 (Call 08/02/50)(a)		100		62,741
Alimentation Couche-Tard Inc.
3.44%, 05/13/41 (Call 11/13/40)(a)		160		115,024
3.63%, 05/13/51 (Call 11/13/50)(a)		25		16,969
4.50%, 07/26/47 (Call 01/26/47)(a)		135		107,386
Bath & Body Works Inc.
6.75%, 07/01/36		75		66,827
6.88%, 11/01/35		100		90,499
7.60%, 07/15/37		35		31,369
CK Hutchison International 20 Ltd., 3.38%, 05/08/50 (Call 11/08/49)(a)		200		151,612
CK Hutchison International 21 Ltd., 3.13%, 04/15/41 (Call 10/15/40)(a)		100		77,226
Darden Restaurants Inc., 4.55%, 02/15/48 (Call 08/15/47)		65		53,779
Dick’s Sporting Goods Inc., 4.10%, 01/15/52 (Call 07/15/51)		80		53,432
Dollar General Corp.
4.13%, 04/03/50 (Call 10/03/49)		50		39,254
5.50%, 11/01/52 (Call 05/01/52)		25		24,334
Dollar Tree Inc., 3.38%, 12/01/51 (Call 06/01/51)		10		6,745
Home Depot Inc. (The)
2.38%, 03/15/51 (Call 09/15/50)		115		70,011
2.75%, 09/15/51 (Call 03/15/51)		125		82,409
3.13%, 12/15/49 (Call 06/15/49)		130		92,864
3.30%, 04/15/40 (Call 10/15/39)		60		48,101
3.35%, 04/15/50 (Call 10/15/49)		130		97,085
3.50%, 09/15/56 (Call 03/15/56)		135		101,895
3.63%, 04/15/52 (Call 10/15/51)		145		112,829
3.90%, 06/15/47 (Call 12/15/46)		127		106,291

27

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Retail (continued)
4.20%, 04/01/43 (Call 10/01/42)	$	150	$	131,896
4.25%, 04/01/46 (Call 10/01/45)		215		188,602
4.40%, 03/15/45 (Call 09/15/44)		138		123,863
4.50%, 12/06/48 (Call 06/06/48)		165		150,894
4.88%, 02/15/44 (Call 08/15/43)		114		109,585
4.95%, 09/15/52 (Call 03/15/52)		140		135,757
5.40%, 09/15/40 (Call 03/15/40)		111		113,541
5.88%, 12/16/36		283		310,564
5.95%, 04/01/41 (Call 10/01/40)		97		105,950
Kohl’s Corp., 5.55%, 07/17/45 (Call 01/17/45)(b)		45		25,269
Lowe’s Companies Inc.
2.80%, 09/15/41 (Call 03/15/41)		115		78,903
3.00%, 10/15/50 (Call 04/15/50)		125		80,308
3.50%, 04/01/51 (Call 10/01/50)		10		6,896
3.70%, 04/15/46 (Call 10/15/45)		253		190,565
4.05%, 05/03/47 (Call 11/03/46)		95		74,765
4.25%, 04/01/52 (Call 10/01/51)		165		131,789
4.38%, 09/15/45 (Call 03/15/45)		53		43,886
4.45%, 04/01/62 (Call 10/01/61)		80		62,840
4.65%, 04/15/42 (Call 10/15/41)		100		87,857
5.13%, 04/15/50 (Call 10/15/49)		90		83,213
5.50%, 10/15/35		95		96,034
5.63%, 04/15/53 (Call 10/15/52)		135		131,614
5.75%, 07/01/53 (Call 01/01/53)		155		153,585
5.80%, 09/15/62 (Call 03/15/62)		100		96,644
5.85%, 04/01/63 (Call 10/01/62)		135		131,270
Macy’s Retail Holdings LLC
4.30%, 02/15/43 (Call 08/15/42)		30		17,395
4.50%, 12/15/34 (Call 06/15/34)		47		32,477
5.13%, 01/15/42 (Call 07/15/41)		30		19,371
6.38%, 03/15/37(b)		20		15,013
6.70%, 07/15/34(a)		20		16,135
Marks & Spencer PLC, 7.13%, 12/01/37(a)		30		28,086
McDonald’s Corp.
3.63%, 05/01/43		35		27,702
3.63%, 09/01/49 (Call 03/01/49)		105		80,693
3.70%, 02/15/42		75		60,373
4.20%, 04/01/50 (Call 10/01/49)		95		80,424
4.45%, 03/01/47 (Call 09/01/46)		145		127,978
4.45%, 09/01/48 (Call 03/01/48)		125		110,435
4.60%, 05/26/45 (Call 11/26/44)		35		31,333
4.70%, 12/09/35 (Call 06/09/35)		129		125,701
4.88%, 07/15/40		35		33,500
4.88%, 12/09/45 (Call 06/09/45)		202		190,240
5.15%, 09/09/52 (Call 03/09/52)		50		48,910
5.70%, 02/01/39		100		103,258
6.30%, 10/15/37		60		66,680
6.30%, 03/01/38		105		116,524
Nordstrom Inc., 5.00%, 01/15/44 (Call 07/15/43)(b)		105		66,973
QVC Inc.
5.45%, 08/15/34 (Call 02/15/34)		45		22,626
5.95%, 03/15/43		30		14,940
Starbucks Corp.
3.35%, 03/12/50 (Call 09/12/49)		35		25,283
3.50%, 11/15/50 (Call 05/15/50)		80		59,839
3.75%, 12/01/47 (Call 06/01/47)		130		101,464
4.30%, 06/15/45 (Call 12/15/44)		30		25,921
4.45%, 08/15/49 (Call 02/15/49)		130		113,574
4.50%, 11/15/48 (Call 05/15/48)		130		114,257

Security	Par (000)		Value
Retail (continued)
Target Corp.
2.95%, 01/15/52 (Call 07/15/51)	$	60	$	41,643
3.63%, 04/15/46		139		112,199
3.90%, 11/15/47 (Call 05/15/47)		70		58,644
4.00%, 07/01/42		75		66,792
4.80%, 01/15/53 (Call 07/15/52)		125		117,515
7.00%, 01/15/38		100		119,936
TJX Companies Inc. (The), 4.50%, 04/15/50 (Call 10/15/49)		40		36,739
Walgreens Boots Alliance Inc.
4.10%, 04/15/50 (Call 10/15/49)		131		95,213
4.50%, 11/18/34 (Call 05/18/34)		40		36,382
4.80%, 11/18/44 (Call 05/18/44)		60		49,964
Walmart Inc.
2.50%, 09/22/41 (Call 03/22/41)		115		84,456
2.65%, 09/22/51 (Call 03/22/51)		205		143,092
2.95%, 09/24/49 (Call 03/24/49)		50		36,688
3.95%, 06/28/38 (Call 12/28/37)		155		143,173
4.00%, 04/11/43 (Call 10/11/42)		150		134,073
4.05%, 06/29/48 (Call 12/29/47)		279		254,158
4.30%, 04/22/44 (Call 10/22/43)		30		27,929
4.50%, 09/09/52 (Call 03/09/52)		115		110,114
4.50%, 04/15/53		65		62,252
5.25%, 09/01/35		15		16,173
5.63%, 04/01/40		75		81,894
5.63%, 04/15/41		5		5,465
6.20%, 04/15/38		75		86,790
Yum! Brands Inc.
5.35%, 11/01/43 (Call 05/01/43)		30		26,414
6.88%, 11/15/37		35		37,219
				8,366,602
Semiconductors — 1.2%
Advanced Micro Devices Inc., 4.39%, 06/01/52 (Call 12/01/51)		130		117,510
Analog Devices Inc.
2.80%, 10/01/41 (Call 04/01/41)		100		74,101
2.95%, 10/01/51 (Call 04/01/51)		115		80,258
Applied Materials Inc.
2.75%, 06/01/50 (Call 12/01/49)(b)		60		41,788
4.35%, 04/01/47 (Call 10/01/46)		112		103,240
5.10%, 10/01/35 (Call 04/01/35)		52		53,225
5.85%, 06/15/41		60		65,001
Broadcom Inc.
3.14%, 11/15/35 (Call 08/15/35)(a)		400		304,820
3.19%, 11/15/36 (Call 08/15/36)(a)		340		254,582
3.47%, 04/15/34 (Call 01/15/34)(a)		85		69,285
3.50%, 02/15/41 (Call 08/15/40)(a)		335		247,230
3.75%, 02/15/51 (Call 08/15/50)(a)		250		180,517
4.93%, 05/15/37 (Call 02/15/37)(a)		310		277,980
Intel Corp.
2.80%, 08/12/41 (Call 02/12/41)		10		6,992
3.05%, 08/12/51 (Call 02/12/51)		110		72,213
3.10%, 02/15/60 (Call 08/15/59)		100		61,578
3.20%, 08/12/61 (Call 02/12/61)		110		69,851
3.25%, 11/15/49 (Call 05/15/49)		170		116,069
3.73%, 12/08/47 (Call 06/08/47)		280		213,730
4.10%, 05/19/46 (Call 11/19/45)		131		107,053
4.10%, 05/11/47 (Call 11/11/46)		75		61,096
4.25%, 12/15/42		60		51,101
4.60%, 03/25/40 (Call 09/25/39)		30		27,560
4.75%, 03/25/50 (Call 09/25/49)		95		83,617

28

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Semiconductors (continued)
4.80%, 10/01/41	$	150	$	137,857
4.90%, 07/29/45 (Call 01/29/45)		20		19,221
4.90%, 08/05/52 (Call 02/05/52)		155		139,416
4.95%, 03/25/60 (Call 09/25/59)		60		53,440
5.05%, 08/05/62 (Call 02/05/62)		80		71,098
5.63%, 02/10/43 (Call 08/10/42)		225		224,849
5.70%, 02/10/53 (Call 08/10/52)		295		291,888
5.90%, 02/10/63 (Call 08/10/62)		185		184,232
KLA Corp.
3.30%, 03/01/50 (Call 08/28/49)		260		192,891
4.95%, 07/15/52 (Call 01/15/52)		20		19,307
5.00%, 03/15/49 (Call 09/15/48)		155		147,469
5.25%, 07/15/62 (Call 01/15/62)		25		24,521
Lam Research Corp.
2.88%, 06/15/50 (Call 12/15/49)		110		75,634
4.88%, 03/15/49 (Call 09/15/48)		165		157,667
Micron Technology Inc.
3.37%, 11/01/41 (Call 05/01/41)		105		71,457
3.48%, 11/01/51 (Call 05/01/51)		60		38,488
NVIDIA Corp.
3.50%, 04/01/40 (Call 10/01/39)		306		259,271
3.50%, 04/01/50 (Call 10/01/49)		100		80,185
3.70%, 04/01/60 (Call 10/01/59)		95		75,089
NXP BV/NXP Funding LLC/NXP USA Inc.
3.13%, 02/15/42 (Call 08/15/41)		30		20,750
3.25%, 05/11/41 (Call 11/11/40)		160		114,250
3.25%, 11/30/51 (Call 05/30/51)		55		35,648
QUALCOMM Inc.
3.25%, 05/20/50 (Call 11/20/49)		100		73,791
4.30%, 05/20/47 (Call 11/20/46)		127		112,610
4.50%, 05/20/52 (Call 11/20/51)		240		213,518
4.65%, 05/20/35 (Call 11/20/34)		107		106,297
4.80%, 05/20/45 (Call 11/20/44)		115		109,317
6.00%, 05/20/53 (Call 11/20/52)		100		108,282
Texas Instruments Inc.
2.70%, 09/15/51 (Call 03/15/51)		50		33,843
3.88%, 03/15/39 (Call 09/15/38)		205		181,568
4.15%, 05/15/48 (Call 11/15/47)		140		124,340
5.00%, 03/14/53 (Call 09/14/52)		120		119,557
5.05%, 05/18/63		45		44,006
TSMC Arizona Corp., 3.25%, 10/25/51 (Call 04/25/51)		200		151,338
				6,553,492
Software — 1.3%
Activision Blizzard Inc.
2.50%, 09/15/50 (Call 03/15/50)		45		28,318
4.50%, 06/15/47 (Call 12/15/46)		115		103,168
Electronic Arts Inc., 2.95%, 02/15/51 (Call 08/15/50)		65		43,514
Fidelity National Information Services Inc.
3.10%, 03/01/41 (Call 09/01/40)		45		30,865
4.50%, 08/15/46 (Call 02/15/46)		30		24,028
5.63%, 07/15/52 (Call 01/15/52)		150		140,955
Fiserv Inc., 4.40%, 07/01/49 (Call 01/01/49)		185		152,542
Microsoft Corp.
2.53%, 06/01/50 (Call 12/01/49)		649		446,875
2.68%, 06/01/60 (Call 12/01/59)		394		263,180
2.92%, 03/17/52 (Call 09/17/51)		555		410,622
3.04%, 03/17/62 (Call 09/17/61)		212		153,867
3.45%, 08/08/36 (Call 02/08/36)		282		257,745
3.50%, 02/12/35 (Call 08/12/34)		220		207,616
3.50%, 11/15/42		60		51,788

Security	Par (000)		Value
Software (continued)
3.70%, 08/08/46 (Call 02/08/46)	$	300	$	261,684
3.75%, 02/12/45 (Call 08/12/44)(b)		10		8,992
4.10%, 02/06/37 (Call 08/06/36)		210		205,250
4.20%, 11/03/35 (Call 05/03/35)		65		64,683
4.25%, 02/06/47 (Call 08/06/46)		30		29,066
4.45%, 11/03/45 (Call 05/03/45)		30		29,638
4.50%, 10/01/40		50		50,551
4.50%, 02/06/57 (Call 08/06/56)		135		134,233
5.20%, 06/01/39		20		21,726
5.30%, 02/08/41		25		27,515
Oracle Corp.
3.60%, 04/01/40 (Call 10/01/39)		295		223,162
3.60%, 04/01/50 (Call 10/01/49)		426		293,978
3.65%, 03/25/41 (Call 09/25/40)		180		135,810
3.80%, 11/15/37 (Call 05/15/37)		173		140,706
3.85%, 07/15/36 (Call 01/15/36)		145		120,756
3.85%, 04/01/60 (Call 10/01/59)		395		266,696
3.90%, 05/15/35 (Call 11/15/34)		205		175,689
3.95%, 03/25/51 (Call 09/25/50)		315		230,621
4.00%, 07/15/46 (Call 01/15/46)		289		216,077
4.00%, 11/15/47 (Call 05/15/47)		216		160,853
4.10%, 03/25/61 (Call 09/25/60)		160		113,856
4.13%, 05/15/45 (Call 11/15/44)		170		131,038
4.30%, 07/08/34 (Call 01/08/34)		230		207,039
4.38%, 05/15/55 (Call 11/15/54)		110		85,083
4.50%, 07/08/44 (Call 01/08/44)		136		111,327
5.38%, 07/15/40		274		260,697
5.55%, 02/06/53 (Call 08/06/52)		250		233,577
6.13%, 07/08/39		159		163,078
6.50%, 04/15/38		146		155,963
6.90%, 11/09/52 (Call 05/09/52)		340		369,951
salesforce.com Inc.
2.70%, 07/15/41 (Call 01/15/41)		105		75,761
2.90%, 07/15/51 (Call 01/15/51)		380		260,767
3.05%, 07/15/61 (Call 01/15/61)		100		65,870
				7,346,776
Telecommunications — 2.9%
America Movil SAB de CV
6.13%, 11/15/37		110		118,227
6.13%, 03/30/40		259		275,633
6.38%, 03/01/35		131		142,739
AT&T Inc.
2.55%, 12/01/33 (Call 09/01/33)		400		314,216
3.10%, 02/01/43 (Call 08/01/42)(b)		200		142,472
3.30%, 02/01/52 (Call 08/01/51)		10		6,858
3.50%, 06/01/41 (Call 12/01/40)		225		171,245
3.50%, 09/15/53 (Call 03/15/53)		710		492,981
3.55%, 09/15/55 (Call 03/15/55)		795		547,660
3.65%, 06/01/51 (Call 12/01/50)		290		209,989
3.65%, 09/15/59 (Call 03/15/59)		696		476,725
3.80%, 12/01/57 (Call 06/01/57)		640		455,027
3.85%, 06/01/60 (Call 12/01/59)		130		92,547
4.30%, 12/15/42 (Call 06/15/42)		130		109,169
4.35%, 06/15/45 (Call 12/15/44)		40		33,019
4.50%, 05/15/35 (Call 11/15/34)		275		253,346
4.50%, 03/09/48 (Call 09/09/47)		150		125,510
4.55%, 03/09/49 (Call 09/09/48)		250		208,772
4.65%, 06/01/44 (Call 12/01/43)		140		120,750
4.75%, 05/15/46 (Call 11/15/45)		255		221,748
4.80%, 06/15/44 (Call 12/15/43)		50		44,074

29

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Telecommunications (continued)
4.85%, 03/01/39 (Call 09/01/38)	$	230	$	211,402
4.90%, 08/15/37 (Call 02/14/37)		250		235,832
5.15%, 03/15/42		150		140,618
5.15%, 11/15/46 (Call 05/15/46)		15		13,843
5.15%, 02/15/50 (Call 08/14/49)		150		138,732
5.25%, 03/01/37 (Call 09/01/36)		20		19,600
5.40%, 02/15/34		150		150,470
5.65%, 02/15/47 (Call 08/15/46)		130		127,511
5.70%, 03/01/57 (Call 09/01/56)		5		4,897
6.00%, 08/15/40 (Call 05/15/40)		5		5,111
6.38%, 03/01/41		150		158,093
Axiata SPV5 Labuan Ltd., 3.06%, 08/19/50 (Call 02/19/50)(f)		200		141,756
Bell Telephone Co. of Canada or Bell Canada (The)
3.65%, 08/15/52 (Call 02/15/52)		55		41,040
4.30%, 07/29/49 (Call 01/29/49)		190		156,932
4.46%, 04/01/48 (Call 10/01/47)		60		51,179
Series US-6, 3.20%, 02/15/52 (Call 08/15/51)		90		61,355
Cisco Systems Inc.
5.50%, 01/15/40		295		310,844
5.90%, 02/15/39		264		289,645
Corning Inc.
3.90%, 11/15/49 (Call 05/15/49)		165		120,133
4.38%, 11/15/57 (Call 05/15/57)		75		59,987
4.70%, 03/15/37		25		23,388
4.75%, 03/15/42		60		55,169
5.35%, 11/15/48 (Call 05/15/48)		25		23,991
5.45%, 11/15/79 (Call 05/19/79)		55		48,635
5.75%, 08/15/40		51		51,614
5.85%, 11/15/68 (Call 05/15/68)		46		43,546
Deutsche Telekom AG, 3.63%, 01/21/50 (Call 07/21/49)(a)		150		112,791
Embarq Corp., 8.00%, 06/01/36		162		80,820
Juniper Networks Inc., 5.95%, 03/15/41		36		34,982
Lumen Technologies Inc.
Series P, 7.60%, 09/15/39		43		15,296
Series U, 7.65%, 03/15/42		35		12,528
Motorola Solutions Inc., 5.50%, 09/01/44		61		56,929
Nokia OYJ, 6.63%, 05/15/39		115		111,398
Orange SA
5.38%, 01/13/42		5		4,966
5.50%, 02/06/44 (Call 08/06/43)		55		56,293
Rogers Communications Inc.
3.70%, 11/15/49 (Call 05/15/49)		91		63,758
4.30%, 02/15/48 (Call 08/15/47)		160		123,592
4.35%, 05/01/49 (Call 11/01/48)		168		131,085
4.50%, 03/15/42 (Call 09/15/41)(a)		55		45,630
4.50%, 03/15/43 (Call 09/15/42)		60		49,385
4.55%, 03/15/52 (Call 09/15/51)(a)		190		150,862
5.00%, 03/15/44 (Call 09/15/43)		90		80,197
5.45%, 10/01/43 (Call 04/01/43)		25		22,977
7.50%, 08/15/38		145		161,343
SES Global Americas Holdings Inc., 5.30%, 03/25/44(a)		139		103,829
Telecom Italia Capital SA
6.00%, 09/30/34		115		96,948
6.38%, 11/15/33		110		95,924
7.20%, 07/18/36		110		97,887
7.72%, 06/04/38		108		98,850
Telefonica Emisiones SA
4.90%, 03/06/48		170		136,649
5.21%, 03/08/47		150		126,053
5.52%, 03/01/49 (Call 09/01/48)		225		195,845

Security	Par (000)		Value
Telecommunications (continued)
7.05%, 06/20/36	$	165	$	179,852
TELUS Corp., 4.30%, 06/15/49 (Call 12/15/48)		110		88,892
T-Mobile USA Inc.
3.00%, 02/15/41 (Call 08/15/40)		170		122,759
3.30%, 02/15/51 (Call 08/15/50)		325		224,435
3.40%, 10/15/52 (Call 04/15/52)		365		255,832
3.60%, 11/15/60 (Call 05/15/60)		190		131,292
4.38%, 04/15/40 (Call 10/15/39)		265		232,771
4.50%, 04/15/50 (Call 10/15/49)		335		284,998
5.65%, 01/15/53 (Call 07/15/52)		225		224,658
5.75%, 01/15/54		50		50,717
5.80%, 09/15/62 (Call 03/15/62)		90		89,916
U.S. Cellular Corp., 6.70%, 12/15/33(b)		60		49,361
Verizon Communications Inc.
2.65%, 11/20/40 (Call 05/20/40)		230		157,736
2.85%, 09/03/41 (Call 03/03/41)		40		28,080
2.88%, 11/20/50 (Call 05/20/50)		260		165,706
2.99%, 10/30/56 (Call 04/30/56)		408		252,332
3.00%, 11/20/60 (Call 05/20/60)		220		134,490
3.40%, 03/22/41 (Call 09/22/40)		370		282,132
3.55%, 03/22/51 (Call 09/22/50)		450		326,952
3.70%, 03/22/61 (Call 09/22/60)		475		338,504
3.85%, 11/01/42 (Call 05/01/42)		140		112,207
3.88%, 03/01/52 (Call 09/01/51)		90		69,271
4.00%, 03/22/50 (Call 09/22/49)		225		178,585
4.13%, 08/15/46		155		127,026
4.27%, 01/15/36		140		126,227
4.40%, 11/01/34 (Call 05/01/34)		200		185,402
4.67%, 03/15/55		185		160,560
4.75%, 11/01/41		162		148,944
4.81%, 03/15/39		305		283,025
4.86%, 08/21/46		300		273,759
5.01%, 08/21/54		25		23,056
5.25%, 03/16/37		10		9,898
5.50%, 03/16/47		130		129,295
5.85%, 09/15/35		85		88,141
6.55%, 09/15/43		200		220,454
Vodafone Group PLC
4.25%, 09/17/50		180		141,620
4.38%, 02/19/43		128		105,363
4.88%, 06/19/49		285		245,362
5.00%, 05/30/38(b)		25		23,797
5.13%, 06/19/59		65		56,560
5.13%, 06/04/81 (Call 12/04/50), (5-year CMT + 3.073%)(c)		100		74,495
5.63%, 02/10/53 (Call 08/10/52)		115		109,788
5.75%, 02/10/63 (Call 08/10/62)		130		123,267
6.15%, 02/27/37		145		151,231
				16,303,595
Toys, Games & Hobbies — 0.0%
Hasbro Inc.
5.10%, 05/15/44 (Call 11/15/43)(b)		25		21,725
6.35%, 03/15/40		40		40,301
Mattel Inc.
5.45%, 11/01/41 (Call 05/01/41)		30		24,849
6.20%, 10/01/40		25		22,039
				108,914
Transportation — 1.7%
Burlington Northern Santa Fe LLC
3.05%, 02/15/51 (Call 08/15/50)		10		7,017

30

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Transportation (continued)
3.30%, 09/15/51 (Call 03/15/51)	$	140	$	102,726
3.55%, 02/15/50 (Call 08/15/49)		50		39,153
3.90%, 08/01/46 (Call 02/01/46)		88		72,536
4.05%, 06/15/48 (Call 12/15/47)		115		97,044
4.13%, 06/15/47 (Call 12/15/46)		90		77,342
4.15%, 04/01/45 (Call 10/01/44)		85		73,241
4.15%, 12/15/48 (Call 06/15/48)		76		64,921
4.38%, 09/01/42 (Call 03/01/42)		80		72,015
4.45%, 03/15/43 (Call 09/15/42)		169		152,502
4.45%, 01/15/53 (Call 07/15/52)		125		113,484
4.55%, 09/01/44 (Call 03/01/44)		120		109,205
4.70%, 09/01/45 (Call 03/01/45)		20		18,572
4.90%, 04/01/44 (Call 10/01/43)		109		104,107
4.95%, 09/15/41 (Call 03/15/41)		55		52,923
5.05%, 03/01/41 (Call 09/01/40)		55		53,919
5.15%, 09/01/43 (Call 03/01/43)		110		108,412
5.40%, 06/01/41 (Call 12/01/40)		55		55,641
5.75%, 05/01/40 (Call 11/01/39)		70		73,395
6.15%, 05/01/37		70		77,502
6.20%, 08/15/36		55		60,809
Canadian National Railway Co.
2.45%, 05/01/50 (Call 11/01/49)		90		56,316
3.20%, 08/02/46 (Call 02/02/46)		40		29,542
3.65%, 02/03/48 (Call 08/03/47)		90		72,640
4.40%, 08/05/52 (Call 02/05/52)		150		135,788
4.45%, 01/20/49 (Call 07/20/48)		75		67,970
6.20%, 06/01/36		35		38,885
6.38%, 11/15/37		18		20,351
Canadian Pacific Railway Co.
3.00%, 12/02/41 (Call 06/02/41)		45		36,899
3.10%, 12/02/51 (Call 06/02/51)		210		144,997
3.50%, 05/01/50		25		18,825
4.20%, 11/15/69		74		57,333
4.30%, 05/15/43		45		39,059
4.70%, 05/01/48		55		49,158
4.80%, 09/15/35 (Call 03/15/35)		35		34,544
4.80%, 08/01/45 (Call 02/01/45)		30		28,023
4.95%, 08/15/45		100		92,889
5.95%, 05/15/37		146		154,224
6.13%, 09/15/2115 (Call 03/15/2115)		98		99,704
CSX Corp.
3.35%, 09/15/49 (Call 03/15/49)		100		72,379
3.80%, 11/01/46 (Call 05/01/46)		28		22,255
3.80%, 04/15/50 (Call 10/15/49)		35		27,412
3.95%, 05/01/50 (Call 11/01/49)		41		32,848
4.10%, 03/15/44 (Call 09/15/43)		148		125,907
4.25%, 11/01/66 (Call 05/01/66)		35		28,178
4.30%, 03/01/48 (Call 09/01/47)		95		81,482
4.40%, 03/01/43 (Call 09/01/42)		96		83,938
4.50%, 03/15/49 (Call 09/15/48)		20		17,643
4.50%, 11/15/52 (Call 05/15/52)		170		150,817
4.50%, 08/01/54 (Call 02/01/54)		80		69,003
4.65%, 03/01/68 (Call 09/01/67)		20		17,411
4.75%, 05/30/42 (Call 11/30/41)		165		151,901
5.50%, 04/15/41 (Call 10/15/40)		85		85,093
6.00%, 10/01/36		40		42,593
6.15%, 05/01/37		30		32,475
6.22%, 04/30/40		60		64,759
Empresa de Transporte de Pasajeros Metro SA, 5.00%, 01/25/47 (Call 07/25/46)(f)		200		176,088

Security	Par (000)		Value
Transportation (continued)
FedEx Corp.
3.90%, 02/01/35	$	40	$	35,034
4.05%, 02/15/48 (Call 08/15/47)		115		90,170
4.10%, 04/15/43		40		31,866
4.10%, 02/01/45		175		139,727
4.40%, 01/15/47 (Call 07/15/46)		82		68,197
4.55%, 04/01/46 (Call 10/01/45)		116		97,645
4.75%, 11/15/45 (Call 05/15/45)		123		107,226
4.95%, 10/17/48 (Call 04/17/48)		55		49,475
5.10%, 01/15/44		198		182,263
5.25%, 05/15/50 (Call 11/15/49)		170		160,885
Indian Railway Finance Corp. Ltd., 3.95%, 02/13/50(f)		200		151,666
Lima Metro Line 2 Finance Ltd., 5.88%, 07/05/34(f)		92		88,846
MV24 Capital BV, 6.75%, 06/01/34(f)		171		151,809
Norfolk Southern Corp.
2.90%, 08/25/51 (Call 02/25/51)		50		32,234
3.05%, 05/15/50 (Call 11/15/49)		80		54,070
3.16%, 05/15/55 (Call 11/15/54)		188		124,996
3.40%, 11/01/49 (Call 05/01/49)		120		85,279
3.70%, 03/15/53 (Call 09/15/52)		65		48,945
3.94%, 11/01/47 (Call 05/01/47)		94		75,307
3.95%, 10/01/42 (Call 04/01/42)		76		62,692
4.05%, 08/15/52 (Call 02/15/52)		80		64,930
4.10%, 05/15/49 (Call 11/15/48)		65		52,661
4.10%, 05/15/2121 (Call 11/15/2120)		25		17,123
4.15%, 02/28/48 (Call 08/28/47)		10		8,206
4.55%, 06/01/53 (Call 12/01/52)		85		74,605
4.65%, 01/15/46 (Call 07/15/45)		50		44,445
4.84%, 10/01/41		205		187,595
Polar Tankers Inc., 5.95%, 05/10/37(a)		58		59,144
Union Pacific Corp.
2.89%, 04/06/36 (Call 01/06/36)		10		8,046
2.97%, 09/16/62 (Call 03/16/62)		25		15,888
3.20%, 05/20/41 (Call 11/20/40)		110		86,000
3.25%, 02/05/50 (Call 08/05/49)		305		224,080
3.38%, 02/01/35 (Call 08/01/34)		40		34,577
3.38%, 02/14/42 (Call 08/14/41)		125		99,459
3.50%, 02/14/53 (Call 08/14/52)		65		49,533
3.55%, 08/15/39 (Call 02/15/39)		155		128,687
3.55%, 05/20/61 (Call 11/20/60)		135		98,119
3.60%, 09/15/37 (Call 03/15/37)		176		151,268
3.75%, 02/05/70 (Call 08/05/69)		65		48,662
3.80%, 10/01/51 (Call 04/01/51)		114		92,208
3.80%, 04/06/71 (Call 10/06/70)		50		37,736
3.84%, 03/20/60 (Call 09/20/59)		257		199,892
3.85%, 02/14/72 (Call 08/14/71)		5		3,810
3.88%, 02/01/55 (Call 08/01/54)		55		43,960
3.95%, 08/15/59 (Call 02/15/59)		60		47,783
4.00%, 04/15/47 (Call 10/15/46)		105		87,025
4.05%, 11/15/45 (Call 05/15/45)		60		50,218
4.05%, 03/01/46 (Call 09/01/45)		50		41,670
4.10%, 09/15/67 (Call 03/15/67)		55		44,377
4.30%, 03/01/49 (Call 09/01/48)		235		203,472
4.50%, 09/10/48 (Call 03/10/48)		10		8,774
4.95%, 09/09/52 (Call 03/09/52)		15		14,709
5.15%, 01/20/63 (Call 07/20/62)		50		49,135
United Parcel Service Inc.
3.40%, 11/15/46 (Call 05/15/46)		70		54,572
3.63%, 10/01/42		45		37,143
3.75%, 11/15/47 (Call 05/15/47)		307		253,674

31

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Transportation (continued)
4.25%, 03/15/49 (Call 09/15/48)	$	135	$	119,028
4.88%, 11/15/40 (Call 05/15/40)		55		53,777
5.05%, 03/03/53 (Call 09/03/52)		80		79,858
5.20%, 04/01/40 (Call 10/01/39)		80		81,255
5.30%, 04/01/50 (Call 10/01/49)		95		98,857
6.20%, 01/15/38		220		246,407
XPO CNW Inc., 6.70%, 05/01/34		30		28,508
				9,315,003
Trucking & Leasing — 0.0%
GATX Corp.
3.10%, 06/01/51 (Call 12/01/50)		95		58,654
5.20%, 03/15/44 (Call 09/15/43)		75		65,336
				123,990
Water — 0.1%
American Water Capital Corp.
3.25%, 06/01/51 (Call 12/01/50)		45		32,017
3.45%, 05/01/50 (Call 11/01/49)		130		95,758
3.75%, 09/01/47 (Call 03/01/47)		60		46,832
4.00%, 12/01/46 (Call 06/01/46)		30		23,961
4.15%, 06/01/49 (Call 12/01/48)		60		49,752
4.20%, 09/01/48 (Call 03/01/48)		50		41,268
4.30%, 12/01/42 (Call 06/01/42)		45		39,446
4.30%, 09/01/45 (Call 03/01/45)		75		64,189
6.59%, 10/15/37		45		50,607
Essential Utilities Inc.
3.35%, 04/15/50 (Call 10/15/49)		55		37,971
4.28%, 05/01/49 (Call 11/01/48)		120		96,558
5.30%, 05/01/52 (Call 11/01/51)		25		23,443
				601,802
Total Corporate Bonds & Notes — 48.0%
(Cost: $309,738,068)				269,975,981
Foreign Government Obligations(g)
Angola — 0.0%
Angolan Government International Bond
9.13%, 11/26/49(f)		200		148,644
9.38%, 05/08/48(f)		200		152,858
				301,502
Argentina — 0.4%
Argentina Bonar Bonds
1.50%, 07/09/35(e)		1,385		291,852
3.50%, 07/09/41(e)		59		12,849
3.88%, 01/09/38(e)		305		76,633
Argentine Republic Government International Bond
1.50%, 07/09/35 (Call 07/03/23)(e)		2,650		617,582
1.50%, 07/09/46 (Call 07/03/23)(e)		310		73,132
3.50%, 07/09/41 (Call 07/03/23)(b)(e)		1,407		362,542
3.88%, 01/09/38 (Call 07/03/23)(e)		1,700		489,821
Provincia de Buenos Aires/Government Bonds
4.50%, 09/01/37(e)(f)		60		16,268
5.25%, 09/01/37(e)(f)		700		223,811
				2,164,490
Bahrain — 0.1%
Bahrain Government International Bond
5.63%, 05/18/34(f)		200		170,136
6.00%, 09/19/44(f)		200		152,974

Security	Par (000)		Value
Bahrain (continued)
7.50%, 09/20/47(f)	$	200	$	174,644
				497,754
Bermuda — 0.0%
Bermuda Government International Bond, 3.38%, 08/20/50 (Call 02/20/50)(f)		10		6,929
Brazil — 0.3%
Brazilian Government International Bond
4.75%, 01/14/50 (Call 07/14/49)		400		289,664
5.00%, 01/27/45(b)		200		154,392
5.63%, 01/07/41		350		304,896
5.63%, 02/21/47		400		331,732
7.13%, 01/20/37		285		301,350
8.25%, 01/20/34		260		297,944
				1,679,978
Canada — 0.0%
Province of British Columbia Canada, 7.25%, 09/01/36		75		97,449
Chile — 0.3%
Chile Government International Bond
2.55%, 07/27/33 (Call 04/27/33)		200		164,754
3.10%, 05/07/41 (Call 11/07/40)		200		149,692
3.10%, 01/22/61 (Call 07/22/60)		200		128,898
3.25%, 09/21/71 (Call 03/21/71)		200		127,810
3.50%, 01/31/34 (Call 10/31/33)		200		176,848
3.50%, 01/25/50 (Call 07/25/49)		200		148,250
3.50%, 04/15/53 (Call 10/15/52)		200		146,760
3.86%, 06/21/47		200		160,732
4.00%, 01/31/52 (Call 07/31/51)		200		160,894
4.34%, 03/07/42 (Call 09/07/41)(b)		200		176,618
				1,541,256
China — 0.1%
China Government International Bond, 2.75%, 12/03/39(f)		200		161,616
Export-Import Bank of China (The), 4.00%, 11/28/47(f)		200		181,002
				342,618
Colombia — 0.3%
Colombia Government International Bond
3.88%, 02/15/61 (Call 08/15/60)		200		108,942
4.13%, 02/22/42 (Call 08/22/41)		200		123,682
4.13%, 05/15/51 (Call 11/15/50)		200		116,668
5.00%, 06/15/45 (Call 12/15/44)		400		265,916
5.20%, 05/15/49 (Call 11/15/48)		200		133,314
5.63%, 02/26/44 (Call 08/26/43)		400		289,252
6.13%, 01/18/41		300		234,945
7.38%, 09/18/37		150		139,314
7.50%, 02/02/34 (Call 11/02/33)		200		192,338
				1,604,371
Costa Rica — 0.1%
Costa Rica Government International Bond
6.55%, 04/03/34 (Call 01/03/34)(a)		200		202,026
7.00%, 04/04/44(f)		200		195,050
7.16%, 03/12/45(f)		200		198,210
				595,286
Dominican Republic — 0.2%
Dominican Republic International Bond
5.30%, 01/21/41(f)		150		116,216
5.88%, 01/30/60(f)		300		222,426
6.40%, 06/05/49(f)		150		124,005
6.50%, 02/15/48(b)(f)		150		125,605
6.85%, 01/27/45(f)		150		132,876

32

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Dominican Republic (continued)
7.45%, 04/30/44(f)	$	200	$	191,474
				912,602
Ecuador — 0.1%
Ecuador Government International Bond
1.50%, 07/31/40(e)(f)		350		109,116
2.50%, 07/31/35(e)(f)		827		286,019
				395,135
Egypt — 0.1%
Egypt Government International Bond
6.88%, 04/30/40(f)		200		102,520
7.50%, 02/16/61(f)		200		94,962
7.90%, 02/21/48(f)		200		97,424
8.50%, 01/31/47(f)		200		100,622
8.70%, 03/01/49(f)		200		101,956
8.75%, 09/30/51(f)		200		101,910
8.88%, 05/29/50(f)		200		103,064
				702,458
El Salvador — 0.0%
El Salvador Government International Bond
7.12%, 01/20/50 (Call 07/06/49)(f)		200		99,886
7.65%, 06/15/35(f)		215		113,114
				213,000
Ghana — 0.0%
Ghana Government International Bond
8.75%, 03/11/61(f)(h)(i)		200		75,134
8.88%, 05/07/42(f)(h)(i)		200		76,204
				151,338
Guatemala — 0.0%
Guatemala Government Bond, 6.13%, 06/01/50 (Call 12/01/49)(f)		200		180,372
Hong Kong — 0.1%
Airport Authority Hong Kong, 3.25%, 01/12/52 (Call 07/12/51)(a)		200		155,626
Hong Kong Government International Bond, 5.25%, 01/11/53(a)		200		223,750
				379,376
Hungary — 0.1%
Hungary Government International Bond
3.13%, 09/21/51(f)		200		119,694
6.75%, 09/25/52(f)		200		202,370
7.63%, 03/29/41		200		222,194
				544,258
Indonesia — 0.6%
Indonesia Government International Bond
3.05%, 03/12/51		200		145,204
3.20%, 09/23/61 (Call 03/23/61)		200		133,296
3.70%, 10/30/49		200		158,224
4.20%, 10/15/50		200		170,248
4.35%, 01/11/48		200		176,934
4.45%, 04/15/70		200		168,352
4.63%, 04/15/43(f)		200		188,792
4.75%, 07/18/47(f)		200		187,950
5.13%, 01/15/45(f)		200		198,120
5.25%, 01/17/42(f)		200		200,266
5.45%, 09/20/52 (Call 03/20/52)		200		202,516
5.95%, 01/08/46(f)		200		216,300
6.63%, 02/17/37(f)		200		229,906
6.75%, 01/15/44(f)		200		234,464

Security	Par (000)		Value
Indonesia (continued)
7.75%, 01/17/38(f)	$	200	$	251,912
8.50%, 10/12/35(f)		130		169,506
Perusahaan Penerbit SBSN Indonesia III, 3.80%, 06/23/50(f)		200		158,796
				3,190,786
Israel — 0.2%
Israel Government AID Bond, 5.50%, 09/18/33		40		44,240
Israel Government International Bond
3.88%, 07/03/50		200		161,672
4.13%, 01/17/48		200		169,334
4.50%, 01/30/43		200		182,728
State of Israel
3.38%, 01/15/50		200		147,718
3.80%, 05/13/60(f)		600		449,958
				1,155,650
Italy — 0.1%
Republic of Italy Government International Bond
3.88%, 05/06/51		175		123,609
4.00%, 10/17/49		360		270,454
				394,063
Jamaica — 0.1%
Jamaica Government International Bond
7.88%, 07/28/45		200		231,322
8.00%, 03/15/39		100		119,806
				351,128
Jordan — 0.0%
Jordan Government International Bond, 7.38%, 10/10/47(f)		200		167,708
Kazakhstan — 0.1%
Kazakhstan Government International Bond
4.88%, 10/14/44(f)		200		179,346
6.50%, 07/21/45(f)		200		207,122
				386,468
Kenya — 0.0%
Republic of Kenya Government International Bond, 6.30%, 01/23/34(f)		200		142,864
Lebanon — 0.0%
Lebanon Government International Bond, 7.25%, 03/23/37(f)(h)(i)		50		2,976
Malaysia — 0.0%
Malaysia Sukuk Global Bhd, 4.08%, 04/27/46(f)		250		231,938
Mexico — 0.7%
Mexico Government International Bond
3.50%, 02/12/34 (Call 11/12/33)		400		336,480
3.75%, 04/19/71 (Call 10/19/70)		400		262,100
3.77%, 05/24/61 (Call 11/24/60)		400		266,184
4.28%, 08/14/41 (Call 02/14/41)		500		407,130
4.35%, 01/15/47		200		157,526
4.40%, 02/12/52 (Call 08/12/51)		200		154,986
4.50%, 01/31/50 (Call 07/31/49)(b)		200		160,448
4.60%, 01/23/46		200		163,376
4.60%, 02/10/48		200		162,490
4.75%, 03/08/44		350		295,736
5.00%, 04/27/51 (Call 10/27/50)		200		170,860
5.55%, 01/21/45		300		282,264
5.75%, 10/12/2110		200		174,824
6.05%, 01/11/40		350		353,321
6.34%, 05/04/53 (Call 11/04/52)		200		201,482
6.35%, 02/09/35 (Call 11/09/34)		400		421,640

33

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Mexico (continued)
6.75%, 09/27/34	$	160	$	175,258
				4,146,105
Morocco — 0.1%
Morocco Government International Bond
4.00%, 12/15/50(f)		200		132,884
5.50%, 12/11/42(f)		200		169,800
				302,684
Nigeria — 0.1%
Nigeria Government International Bond
7.63%, 11/28/47(f)		200		130,772
7.70%, 02/23/38(f)		200		138,750
8.25%, 09/28/51(f)		200		135,356
				404,878
Oman — 0.1%
Oman Government International Bond
6.50%, 03/08/47(f)		200		183,010
6.75%, 01/17/48(f)		200		188,524
7.00%, 01/25/51(f)		200		194,918
				566,452
Panama — 0.3%
Panama Government International Bond
3.87%, 07/23/60 (Call 01/23/60)		400		260,196
4.30%, 04/29/53		200		146,366
4.50%, 05/15/47		200		157,026
4.50%, 04/16/50 (Call 10/16/49)		200		152,300
4.50%, 04/01/56 (Call 10/01/55)		200		147,852
4.50%, 01/19/63 (Call 07/19/62)		200		143,590
6.40%, 02/14/35 (Call 11/14/34)		200		209,166
6.70%, 01/26/36		225		240,212
				1,456,708
Paraguay — 0.0%
Paraguay Government International Bond, 6.10%, 08/11/44(f)		200		186,226
Peru — 0.2%
Peruvian Government International Bond
2.78%, 12/01/60 (Call 06/01/60)		210		122,277
3.00%, 01/15/34 (Call 10/15/33)		285		233,013
3.23%, 07/28/2121 (Call 01/28/2121)		80		46,193
3.30%, 03/11/41 (Call 09/11/40)		200		149,618
3.55%, 03/10/51 (Call 09/10/50)(b)		200		144,790
3.60%, 01/15/72 (Call 07/15/71)		125		82,016
5.63%, 11/18/50		300		300,645
6.55%, 03/14/37		115		125,890
8.75%, 11/21/33		130		163,821
				1,368,263
Philippines — 0.3%
Philippine Government International Bond
2.65%, 12/10/45		200		135,068
2.95%, 05/05/45		200		143,076
3.20%, 07/06/46		200		148,144
3.70%, 03/01/41		200		165,440
3.70%, 02/02/42		200		164,682
3.95%, 01/20/40		300		259,479
4.20%, 03/29/47		200		173,338
5.00%, 01/13/37		200		200,316
5.50%, 01/17/48		200		208,678
6.38%, 10/23/34		200		225,294
				1,823,515

Security	Par (000)		Value
Poland — 0.1%
Republic of Poland Government International Bond
4.88%, 10/04/33 (Call 07/04/33)	$	200	$	199,580
5.50%, 04/04/53 (Call 10/04/52)		350		353,146
				552,726
Qatar — 0.4%
Qatar Government International Bond
4.40%, 04/16/50(f)		400		362,480
4.63%, 06/02/46(f)		200		189,950
4.82%, 03/14/49(f)		800		762,480
5.10%, 04/23/48(f)		700		694,134
5.75%, 01/20/42(a)		200		219,096
				2,228,140
Romania — 0.1%
Romanian Government International Bond
4.00%, 02/14/51(f)		200		136,862
5.13%, 06/15/48(f)		180		147,744
6.00%, 05/25/34(f)		80		78,628
6.13%, 01/22/44(f)		120		112,014
7.63%, 01/17/53(f)		130		138,154
				613,402
Saudi Arabia — 0.6%
Saudi Government International Bond
3.25%, 11/17/51(f)		200		140,730
3.45%, 02/02/61(f)		200		140,804
3.75%, 01/21/55(f)		400		300,060
4.50%, 10/26/46(f)		600		525,276
4.50%, 04/22/60(f)		200		173,378
4.63%, 10/04/47(f)		400		353,372
4.88%, 07/18/33(f)		200		201,640
5.00%, 04/17/49(f)		400		371,452
5.00%, 01/18/53(f)		600		552,588
5.25%, 01/16/50(f)		400		385,844
				3,145,144
South Africa — 0.1%
Republic of South Africa Government International Bond
5.00%, 10/12/46		200		127,180
5.65%, 09/27/47		200		136,116
5.75%, 09/30/49		200		135,908
6.25%, 03/08/41		175		136,694
7.30%, 04/20/52		200		160,572
				696,470
South Korea — 0.1%
Export-Import Bank of Korea, 2.50%, 06/29/41		200		147,902
Korea International Bond, 3.88%, 09/20/48		200		179,242
				327,144
Supranational — 0.1%
European Investment Bank, 4.88%, 02/15/36		185		201,911
Inter-American Development Bank
3.20%, 08/07/42		140		119,508
3.88%, 10/28/41		125		117,954
4.38%, 01/24/44		85		85,489
International Bank for Reconstruction & Development, 4.75%, 02/15/35		110		117,161
				642,023
Turkey — 0.3%
Turkey Government International Bond
4.88%, 04/16/43		200		123,442
5.75%, 05/11/47		200		132,382
6.00%, 01/14/41		300		211,155

34

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Turkey (continued)
6.63%, 02/17/45	$	600	$	439,344
6.75%, 05/30/40		300		228,648
6.88%, 03/17/36		280		226,637
7.25%, 03/05/38		200		166,050
8.00%, 02/14/34		195		179,566
				1,707,224
Ukraine — 0.0%
Ukraine Government International Bond
7.25%, 03/15/35(f)(h)(i)		200		36,614
7.38%, 09/25/34(f)(h)(i)		200		36,206
				72,820
United Arab Emirates — 0.3%
Abu Dhabi Government International Bond
2.70%, 09/02/70(f)		200		121,364
3.00%, 09/15/51(f)		200		141,406
3.13%, 09/30/49(f)		400		292,796
3.88%, 04/16/50(f)		400		334,996
4.13%, 10/11/47(f)		200		175,878
Emirate of Dubai Government International Bonds, 3.90%, 09/09/50(f)		200		141,198
Finance Department Government of Sharjah, 4.00%, 07/28/50(f)		200		123,198
UAE International Government Bond
2.88%, 10/19/41(f)		200		154,504
3.25%, 10/19/61(f)		200		144,360
4.95%, 07/07/52(f)		200		198,406
				1,828,106
Uruguay — 0.2%
Uruguay Government International Bond
4.13%, 11/20/45		115		103,599
4.98%, 04/20/55		300		288,828
5.10%, 06/18/50		440		432,793
5.75%, 10/28/34 (Call 07/28/34)		50		54,636
7.63%, 03/21/36		175		217,219
				1,097,075
Total Foreign Government Obligations — 7.4%
(Cost: $48,111,508)				41,498,858
Municipal Debt Obligations
Arizona — 0.0%
Salt River Project Agricultural Improvement & Power District RB BAB, 4.84%, 01/01/41		150		148,988
California — 0.9%
Bay Area Toll Authority RB BAB
Series F-2, 6.26%, 04/01/49		300		355,326
Series S-1, 7.04%, 04/01/50		50		63,843
Series S-3, 6.91%, 10/01/50		170		216,170
California State University RB, Class B, 2.72%, 11/01/52		200		131,492
City of San Francisco CA Public Utilities Commission Water Revenue RB BAB, 6.95%, 11/01/50		100		121,964
East Bay Municipal Utility District Water System Revenue RB BAB, Series B, 5.87%, 06/01/40		50		55,706
Foothill-Eastern Transportation Corridor Agency RB, Series A, 4.09%, 01/15/49 (Call 01/15/30)		100		81,626
Los Angeles Community College District/CA GO BAB, 6.75%, 08/01/49		200		249,937
Los Angeles County Metropolitan Transportation Authority RB BAB, Series A, 5.74%, 06/01/39		100		108,071

Security	Par (000)		Value
California (continued)
Los Angeles County Public Works Financing Authority RB BAB, 7.62%, 08/01/40	$	50	$	63,194
Los Angeles Department of Water & Power, RB, Series A, 5.72%, 07/01/39		200		217,439
Los Angeles Unified School District/CA GO BAB, 5.75%, 07/01/34		260		277,742
Regents of the University of California Medical Center Pooled Revenue RB
Class A, 3.71%, 05/15/2120 (Call 11/15/2119)		225		150,412
Series N, Class A, 3.26%, 05/15/60 (Call 11/15/59)		65		44,267
Regents of the University of California Medical Center Pooled Revenue RB BAB, Series F, 6.58%, 05/15/49		150		175,660
San Diego County Regional Transportation Commission RB BAB, 5.91%, 04/01/48		125		140,167
San Diego County Water Authority RB BAB, Series B, 6.14%, 05/01/49		50		57,647
State of California, 5.20%, 03/01/43 (Call 03/01/33)		205		203,868
State of California GO, 4.60%, 04/01/38 (Call 04/01/28)		100		96,396
State of California GO BAB
7.30%, 10/01/39		400		482,692
7.50%, 04/01/34		250		306,247
7.55%, 04/01/39		500		628,190
7.60%, 11/01/40		145		184,633
University of California RB
Series AQ, 4.77%, 05/15/2115		150		131,616
Series BG, 3.07%, 05/15/51 (Call 05/15/31)		200		133,910
University of California RB BAB, 5.77%, 05/15/43		50		53,700
				4,731,915
Colorado — 0.0%
Regional Transportation District Sales Tax Revenue RB BAB, Series B, 5.84%, 11/01/50		20		22,596
District of Columbia — 0.0%
District of Columbia RB BAB, Series E, 5.59%, 12/01/34		50		52,663
District of Columbia Water & Sewer Authority RB, 4.81%, 10/01/2114		50		45,838
				98,501
Florida — 0.0%
County of Miami-Dade FL Aviation Revenue RB, Series C, 4.28%, 10/01/41 (Call 10/01/28)		50		45,373
Georgia — 0.0%
Municipal Electric Authority of Georgia RB BAB
Project J, Series 2010-A, 6.64%, 04/01/57		91		100,246
Project M, Series 2010-A, 6.66%, 04/01/57		47		52,029
				152,275
Illinois — 0.2%
Chicago O’Hare International Airport RB, Series C, 4.57%, 01/01/54(b)		250		229,661
Chicago Transit Authority Sales & Transfer Tax Receipts Revenue RB, Series B, 6.90%, 12/01/40		245		278,505
Metropolitan Water Reclamation District of Greater Chicago GOL BAB, 5.72%, 12/01/38		55		59,895
State of Illinois GO, 5.10%, 06/01/33		450		445,056
State of Illinois GO BAB, 6.63%, 02/01/35 BAB		185		194,323
				1,207,440
Louisiana — 0.1%
Louisiana Local Government Environmental Facilities & Community Development Auth, 5.20%, 12/01/39		210		216,727

35

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Maryland — 0.0%
Maryland Health & Higher Educational Facilities Authority, Class D, 3.05%, 07/01/40 (Call 01/01/40)	$	50	$	37,470
Maryland State Transportation Authority RB BAB, 5.89%, 07/01/43		50		54,551
				92,021
Massachusetts — 0.1%
Commonwealth of Massachusetts GOL, 2.51%, 07/01/41 (Call 07/01/30)		215		163,011
Commonwealth of Massachusetts GOL BAB, Series E, 5.46%, 12/01/39		200		215,612
Commonwealth of Massachusetts Transportation Fund Revenue RB BAB, Series A, 5.73%, 06/01/40		25		26,662
Massachusetts School Building Authority RB BAB, Series B, 5.72%, 08/15/39		50		54,572
				459,857
Michigan — 0.1%
Great Lakes Water Authority Sewage Disposal System Revenue RB, 3.06%, 07/01/39		100		80,048
Michigan State University RB, 4.17%, 08/15/2122 (Call 02/15/2122)		100		79,161
University of Michigan RB
3.50%, 04/01/52 (Call 10/01/51)		200		159,846
4.45%, 04/01/2122 (Call 10/01/2121)		100		86,013
Series B, 2.44%, 04/01/40 (Call 10/01/39)		200		147,590
				552,658
Missouri — 0.0%
Health & Educational Facilities Authority of the State of Missouri RB, Series A, 3.23%, 05/15/50 (Call 11/15/49)		100		75,664
New Jersey — 0.2%
New Jersey State Turnpike Authority RB BAB, Series F, 7.41%, 01/01/40		150		188,608
New Jersey Transportation Trust Fund Authority RB BAB, Series B, 6.56%, 12/15/40		200		228,313
New Jersey Turnpike Authority RB BAB, Series A, 7.10%, 01/01/41		350		426,384
				843,305
New York — 0.4%
City of New York NY GO BAB, Series C-1, 5.52%, 10/01/37		300		318,347
Metropolitan Transportation Authority RB BAB
7.34%, 11/15/39		150		187,318
Series E, 6.81%, 11/15/40		100		107,077
New York City Municipal Water Finance Authority RB
5.44%, 06/15/43		250		265,946
6.01%, 06/15/42		200		226,050
New York City Transitional Finance Authority Future Tax Secured Revenue RB BAB
5.51%, 08/01/37		50		52,323
5.57%, 11/01/38		50		52,554
Series C-2, 5.77%, 08/01/36		100		105,184
New York State Dormitory Authority RB, Series F, 3.11%, 02/15/39		255		210,607
New York State Dormitory Authority RB BAB, Series F, 5.63%, 03/15/39		100		105,381
New York State Thruway Authority RB, Series M, 3.50%, 01/01/42 (Call 01/01/30)		75		63,203
New York State Urban Development Corp. RB BAB, 5.77%, 03/15/39		55		57,711
Port Authority of New York & New Jersey RB
3.29%, 08/01/69(b)		300		208,060
Series 168, 4.93%, 10/01/51		80		79,572
Series 174, 4.46%, 10/01/62		350		318,136

Security	Par (000)		Value
New York (continued)
Series 181, 4.96%, 08/01/46	$	50	$	50,046
Series 225, 3.18%, 07/15/60 (Call 07/15/31)		70		48,605
				2,456,120
Ohio — 0.1%
American Municipal Power Inc. RB BAB
6.45%, 02/15/44		200		221,379
Series B, 8.08%, 02/15/50		50		67,666
Ohio State University (The) RB, Series A, 4.80%, 06/01/2111		75		68,323
Ohio State University (The) RB BAB, Series C, 4.91%, 06/01/40		100		101,014
Ohio Water Development Authority Water Pollution Control Loan Fund RB, Series B-2, 4.88%, 12/01/34 Call		25		25,435
				483,817
Oklahoma — 0.1%
Oklahoma Development Finance Authority RB
4.62%, 06/01/44		85		82,582
4.71%, 05/01/52		175		168,482
				251,064
Oregon — 0.0%
State of Oregon Department of Transportation RB BAB, Series 2010-A, 5.83%, 11/15/34		100		108,973
Pennsylvania — 0.0%
Commonwealth Financing Authority RB, Series A, 4.14%, 06/01/38		150		136,938
Tennessee — 0.0%
Metropolitan Government of Nashville & Davidson County Convention Center Authority RB BAB, Series B, 6.73%, 07/01/43		40		46,470
Texas — 0.3%
City of San Antonio Texas Electric & Gas Systems Revenue RB BAB, 5.81%, 02/01/41		50		54,447
Dallas Area Rapid Transit RB, 2.61%, 12/01/48 (Call 12/01/31)		100		69,913
Dallas Area Rapid Transit RB BAB, Series B, 6.00%, 12/01/44		100		114,371
Dallas County Hospital District GOL BAB, Series C, 5.62%, 08/15/44		30		32,218
Dallas Fort Worth International Airport RB
4.51%, 11/01/51 (Call 11/01/32)		200		183,601
Series C, Class C, 2.92%, 11/01/50		100		70,887
Dallas Independent School District GO BAB, Series C, 6.45%, 02/15/35 (Call 07/03/23) (PSF)		40		40,121
Grand Parkway Transportation Corp. RB, 3.24%, 10/01/52 (Call 04/01/30)		150		107,547
North Texas Tollway Authority RB BAB, Series B, 6.72%, 01/01/49		70		86,397
State of Texas GO BAB
5.52%, 04/01/39		250		270,331
Series A, 4.68%, 04/01/40		100		99,925
Texas Natural Gas Securitization Finance Corp.
5.10%, 04/01/35		205		212,720
5.17%, 04/01/41		200		211,103
Texas Private Activity Bond Surface Transportation Corp. RB, Series B, 3.92%, 12/31/49		100		79,776
Texas Transportation Commission GO, 2.47%, 10/01/44 (Call 10/01/30)		50		34,940
University of Texas System (The) RB BAB, Series C, 4.79%, 08/15/46		150		151,838
				1,820,135

36

Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Virginia — 0.0%
University of Virginia RB
2.26%, 09/01/50 (Call 03/01/50)	$	270	$	166,794
Series C, 4.18%, 09/01/2117 (Call 03/01/2117)		45		36,337
				203,131
Washington — 0.0%
State of Washington GO BAB, Series F, 5.14%, 08/01/40		50		51,098
Total Municipal Debt Obligations — 2.5%
(Cost: $15,490,011)				14,205,066
U.S. Government & Agency Obligations
Mortgage-Backed Securities — 0.1%
Federal National Mortgage Association, Series 2019-M4, Class A2, 3.61%, 02/25/31		293		279,477
Freddie Mac Multifamily Structured Pass Through Certificates, Series K-1514, Class A2, 2.86%, 10/25/34 (Call 10/25/34)		500		424,166
				703,643
U.S. Government Agency Obligations — 0.2%
Federal Home Loan Banks, 5.50%, 07/15/36		290		332,578
Tennessee Valley Authority
3.50%, 12/15/42		50		41,755
4.65%, 06/15/35		75		76,523
5.25%, 09/15/39		65		68,743
5.38%, 04/01/56		500		547,075
5.88%, 04/01/36		200		228,916
Series B, 4.70%, 07/15/33		40		41,425
				1,337,015
U.S. Government Obligations — 40.2%
U.S. Treasury Note/Bond
1.13%, 05/15/40		3,880		2,522,000
1.13%, 08/15/40		7,730		4,983,434
1.25%, 05/15/50		3,600		2,019,938
1.38%, 11/15/40		6,800		4,561,312
1.38%, 08/15/50		3,890		2,254,377
1.63%, 11/15/50		4,670		2,894,670
1.75%, 08/15/41		5,150		3,633,969
1.88%, 02/15/41		4,910		3,579,697
1.88%, 02/15/51		6,100		4,031,719
1.88%, 11/15/51		4,240		2,791,775
2.00%, 11/15/41		5,300		3,896,328
2.00%, 02/15/50		3,050		2,088,297
2.00%, 08/15/51		5,400		3,675,375
2.25%, 05/15/41		3,350		2,592,063
2.25%, 08/15/46		1,922		1,408,466
2.25%, 08/15/49		2,700		1,961,719
2.25%, 02/15/52		4,950		3,571,734
2.38%, 02/15/42		4,790		3,747,427
2.38%, 11/15/49		2,160		1,613,250
2.38%, 05/15/51		5,400		4,014,562
2.50%, 02/15/45		1,930		1,499,067
2.50%, 02/15/46		895		691,248
2.50%, 05/15/46		1,750		1,350,234
2.75%, 08/15/42		1,450		1,202,367
2.75%, 11/15/42		4,355		3,600,360
2.75%, 08/15/47		7,400		5,972,031
2.75%, 11/15/47		7,800		6,296,062
2.88%, 05/15/43		3,150		2,649,937
2.88%, 08/15/45		500		414,453
2.88%, 11/15/46		850		702,977

Security	Par/ Shares (000)		Value
U.S. Government Obligations (continued)
2.88%, 05/15/49	$	2,600	$	2,152,719
2.88%, 05/15/52		6,500		5,386,875
3.00%, 05/15/42		1,000		865,313
3.00%, 11/15/45		500		423,438
3.00%, 02/15/47		1,300		1,098,297
3.00%, 05/15/47		6,300		5,325,469
3.00%, 02/15/48		12,750		10,781,719
3.00%, 08/15/48		3,640		3,079,212
3.00%, 02/15/49		2,755		2,334,432
3.00%, 08/15/52		7,650		6,507,281
3.13%, 11/15/41		600		532,406
3.13%, 02/15/42		3,100		2,743,500
3.13%, 02/15/43		7,200		6,316,875
3.13%, 08/15/44		1,050		913,336
3.13%, 05/15/48		6,035		5,221,218
3.25%, 05/15/42		3,690		3,314,658
3.38%, 08/15/42		4,840		4,423,306
3.38%, 05/15/44		1,450		1,314,969
3.38%, 11/15/48		8,160		7,395,000
3.50%, 02/15/39		1,060		1,024,556
3.63%, 08/15/43		1,450		1,371,609
3.63%, 02/15/53		16,550		15,908,687
3.63%, 05/15/53		2,000		1,925,000
3.75%, 11/15/43		2,300		2,215,188
3.88%, 08/15/40		650		650,102
3.88%, 02/15/43		15,500		15,219,062
4.00%, 11/15/42		6,900		6,906,469
4.00%, 11/15/52		10,340		10,637,275
4.25%, 05/15/39		1,300		1,371,906
4.38%, 02/15/38		1,500		1,610,625
4.38%, 11/15/39		1,630		1,740,534
4.38%, 05/15/40		1,095		1,167,544
4.50%, 02/15/36		1,710		1,867,908
4.50%, 05/15/38		2,960		3,215,762
4.63%, 02/15/40		1,000		1,099,375
4.75%, 02/15/37		200		223,750
5.00%, 05/15/37		1,050		1,201,594
				225,707,817
Total U.S. Government & Agency Obligations — 40.5%
(Cost: $262,412,419)				227,748,475
Total Long-Term Investments — 98.4%
(Cost: $635,752,006)				553,428,380
Short-Term Securities
Money Market Funds — 1.1%
BlackRock Cash Funds: Treasury, SL Agency Shares, 5.07%(j)(k)(l)		6,067		6,066,526
Total Short-Term Securities — 1.1%
(Cost: $6,066,526)				6,066,526
Total Investments — 99.5%
(Cost: $641,818,532)				559,494,906
Other Assets Less Liabilities — 0.5%				2,827,675
Net Assets — 100.0%			$	562,322,581

^(a) Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

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Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023

^(b) All or a portion of this security is on loan.

^(c) 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.

^(d) Zero-coupon bond.

^(e) Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect.

^(f) This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933.

^(g) U.S. dollar denominated security issued by foreign domiciled entity.

^(h) Issuer filed for bankruptcy and/or is in default.

⁽ⁱ⁾ Non-income producing security.

^(j) Affiliate of the Fund.

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

^(l) All or a portion of this security was purchased with the cash collateral from loaned securities.

Affiliates 

Investments in issuers considered to be affiliate(s) of the Fund during the period ended May 31, 2023 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

Affiliated Issuer	Value at 02/28/23		Purchases at Cost		Proceeds from Sale			Net Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)		Value at 05/31/23		Shares Held at 05/31/23 (000)	Income			Capital Gain Distributions from Underlying Funds
BlackRock Cash Funds: Treasury, SL Agency Shares	$	6,400,248	$	—	$	(333,722	)(a)	$	—	$	—	$	6,066,526	6,067	$	33,900	(b)	$	—

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

^(b) All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities.

Fair Value Hierarchy as of Period End

Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

● Level 1 – Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that each Fund has the ability to access;

● Level 2 – Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs); and

● Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Valuation Committee’s assumptions used in determining the fair value of financial instruments).

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund’s policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Fund’s financial instruments categorized in the fair value hierarchy. The breakdown of the Fund’s financial instruments into major categories is disclosed in the Schedule of Investments above.

	Level 1		Level 2		Level 3		Total
Assets
Investments
Long-Term Investments
Corporate Bonds & Notes	$	—	$	269,975,981	$	—	$	269,975,981
Foreign Government Obligations		—		41,498,858		—		41,498,858

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Schedule of Investments (unaudited) (continued)	iShares® Core 10+ Year USD Bond ETF
May 31, 2023

Fair Value Hierarchy as of Period End (continued)

	Level 1		Level 2		Level 3		Total
Long-Term Investments (continued)
Municipal Debt Obligations	$	—	$	14,205,066	$	—	$	14,205,066
U.S. Government & Agency Obligations		—		227,748,475		—		227,748,475
Short-Term Securities
Money Market Funds		6,066,526		—		—		6,066,526
	$	6,066,526	$	553,428,380	$	—	$	559,494,906

Portfolio Abbreviation
BAB	Build America Bond	PSF	Permanent School Fund
CMT	Constant Maturity Treasury	RB	Revenue Bond
GO	General Obligation	REIT	Real Estate Investment Trust
GOL	General Obligation Limited	SOFR	Secured Overnight Financing Rate
LIBOR	London Interbank Offered Rate
PJSC	Public Joint Stock Company

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