Security
Shares
Value
a
Investment
Companies
(a)
Domestic
Equity
—
14
.6
%
iShares
Preferred
and
Income
Securities
ETF
......
550,022
$
17,028,681
a
Domestic
Fixed
Income
—
39
.9
%
iShares
1-3
Year
Treasury
Bond
ETF
...........
71,959
5,839,473
iShares
1-5
Year
Investment
Grade
Corporate
Bond
ETF
(b)
...............................
345,192
17,532,302
iShares
iBoxx
$
High
Yield
Corporate
Bond
ETF
(b)
...
303,959
23,189,032
46,560,807
a
Domestic
Real
Estate
—
5
.0
%
iShares
Mortgage
Real
Estate
ETF
.............
269,971
5,893,467
a
International
Equity
—
20
.3
%
iShares
Emerging
Markets
Dividend
ETF
.........
439,672
11,897,524
iShares
International
Select
Dividend
ETF
........
423,658
11,769,219
23,666,743
a
International
Fixed
Income
—
20
.1
%
iShares
Floating
Rate
Bond
ETF
..............
345,666
17,663,533
iShares
J.P.
Morgan
EM
Local
Currency
Bond
ETF
..
163,668
5,792,211
23,455,744
a
Total
Long-Term
Investments — 99.9%
(Cost:
$
128,240,405
)
................................
116,605,442
Security
Shares
Value
a
Short-Term
Securities
Money
Market
Funds
—
35
.5
%
BlackRock
Cash
Funds:
Institutional,
SL
Agency
Shares
,
5.49
%
(a)
(c)
(d)
......................
41,301,550
$
41,313,941
BlackRock
Cash
Funds:
Treasury,
SL
Agency
Shares
,
5.28
%
(a)
(c)
............................
116,931
116,931
a
Total
Short-Term
Securities — 35.5%
(Cost:
$
41,436,068
)
.................................
41,430,872
Total
Investments
—
135.4%
(Cost:
$
169,676,473
)
................................
158,036,314
Liabilities
in
Excess
of
Other
Assets
—
(
35
.4
)
%
..............
(
41,327,185
)
Net
Assets
—
100.0%
.................................
$
116,709,129
(a)
Affiliate
of
the
Fund.
(b)
All
or
a
portion
of
this
security
is
on
loan.
(c)
Annualized
7-day
yield
as
of
period
end.
(d)
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
April
30,
2024
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
07/31/23
Purchases
at
Cost
Proceeds
from
Sale
Net
Realized
Gain
(Loss)
Change
in
Unrealized
Appreciation
(Depreciation)
Value
at
04/30/24
Shares
Held
at
04/30/24
Income
Capital
Gain
Distributions
from
Underlying
Funds
BlackRock
Cash
Funds:
Institutional,
SL
Agency
Shares
$
47,039,503
$
—
$
(
5,725,858
)
(a)
$
4,436
$
(
4,140
)
$
41,313,941
41,301,550
$
248,160
(b)
$
—
BlackRock
Cash
Funds:
Treasury,
SL
Agency
Shares
263,003
—
(
146,072
)
(a)
—
—
116,931
116,931
8,783
—
iShares
1-3
Year
Treasury
Bond
ETF
........
—
12,608,589
(
6,754,226
)
28,140
(
43,030
)
5,839,473
71,959
86,130
—
iShares
1-5
Year
Investment
Grade
Corporate
Bond
ETF
........
19,703,861
1,948,969
(
4,307,341
)
27,176
159,637
17,532,302
345,192
510,971
—
iShares
Emerging
Markets
Dividend
ETF
........
13,802,602
1,205,344
(
3,567,383
)
(
711,503
)
1,168,464
11,897,524
439,672
776,478
—
iShares
Floating
Rate
Bond
ETF
19,816,887
2,047,193
(
4,280,592
)
29,100
50,945
17,663,533
345,666
835,007
—
iShares
iBoxx
$
High
Yield
Corporate
Bond
ETF
....
26,759,088
2,105,096
(
5,958,275
)
(
391,159
)
674,282
23,189,032
303,959
1,134,107
—
iShares
International
Select
Dividend
ETF
........
8,044,671
6,739,385
(
3,386,081
)
(
52,895
)
424,139
11,769,219
423,658
527,690
—