NPORT-EX 2 5.31_iSh_Cal_Muni_Bnd.htm 5.31 PT F ISH CAL MUNI BND
Schedule
of
Investments
(unaudited)
May
31,
2024
iShares
®
California
Muni
Bond
ETF
1
(Percentages
shown
are
based
on
Net
Assets)
Security
Par
(000)
Par
(000)
Value
Municipal
Bonds
California
—
99.9%
Acalanes
Union
High
School
District,
Series
2010A,
GO,
0.00%, 08/01/39
(a)
........
USD
200
$
225,309
Alameda
Corridor
Transportation
Authority
Series
1999A
,
RB
,
0.00
%
,
10/01/32
(
NPFGC
)
(a)
....................
745
538,170
Series
2016B
,
RB
,
4.00
%
,
10/01/35
(
AGM
)
255
249,389
Series
2016B
,
RB
,
5.00
%
,
10/01/35
.....
2,000
2,035,743
Series
2016B
,
RB
,
5.00
%
,
10/01/36
(
AGM
)
2,600
2,652,399
Series
2022A
,
RB
,
0.00
%
,
10/01/47
(a)
....
1,630
904,308
Series
2022A
,
RB
,
0.00
%
,
10/01/48
(a)
....
665
367,017
Series
2022A
,
RB
,
0.00
%
,
10/01/49
(a)
....
665
362,265
Series
2022A
,
RB
,
0.00
%
,
10/01/50
(a)
....
2,195
1,194,191
Series
2022A
,
RB
,
0.00
%
,
10/01/51
(
AGM
)
(a)
1,000
537,011
Series
A
,
RB
,
0.00
%
,
10/01/51
(
AGM
)
(a)
...
1,000
269,878
Series
2022C
,
RB
,
5.00
%
,
10/01/52
(
AGM
)
285
303,429
Series
C
,
RB
,
0.00
%
,
10/01/53
(
AGM
)
(a)
..
5,000
1,179,610
Alameda
County
Transportation
Commission
Series
2022
,
RB
,
5.00
%
,
03/01/40
......
4,215
4,682,747
Series
2022
,
RB
,
5.00
%
,
03/01/41
......
1,860
2,055,976
Series
2022
,
RB
,
5.00
%
,
03/01/45
......
2,000
2,181,625
Alhambra
Unified
School
District,
Series
B,
GO,
0.00%, 08/01/39
(AGM)
(a)
...........
5,100
2,769,726
Allan
Hancock
Joint
Community
College
District,
Series
2012C,
GO,
0.00%, 08/01/47
(a)
................
1,295
906,089
Alvord
Unified
School
District,
Series
2011B,
GO,
0.00%, 08/01/43
(AGM)
(a)
........
2,500
1,032,454
Anaheim
Housing
&
Public
Improvements
Authority
Series
2020C
,
RB
,
5.00
%
,
10/01/45
.....
1,500
1,521,575
Series
2020A
,
RB
,
5.00
%
,
10/01/50
.....
200
202,393
Anaheim
Union
High
School
District,
Series
2018,
GO,
4.00%, 08/01/42
..........
4,060
4,025,733
Bay
Area
Toll
Authority
Series
2017S-7
,
RB
,
5.00
%
,
04/01/28
....
1,945
2,070,567
Series
2017S-7
,
RB
,
4.00
%
,
04/01/29
....
500
505,190
Series
2023F-1
,
RB
,
5.00
%
,
04/01/29
....
3,000
3,248,652
Series
2017S-7
,
RB
,
4.00
%
,
04/01/33
....
1,695
1,707,291
Series
2017S-7
,
RB
,
4.00
%
,
04/01/34
....
3,500
3,517,964
Series
2017S-7
,
RB
,
4.00
%
,
04/01/38
....
400
395,232
Series
2017S-7
,
RB
,
4.00
%
,
04/01/42
....
6,035
5,949,793
Series
2017B
,
RB
,
VRDN
2.85
%
,
04/01/25
(b)
710
701,991
Series
2017A
,
RB
,
VRDN
2.95
%
,
04/01/26
(b)
705
687,851
Series
2017S-7
,
RB
,
4.00
%
,
04/01/47
....
1,500
1,438,716
Series
2017S-7
,
RB
,
4.00
%
,
04/01/49
....
2,455
2,334,946
Series
H
,
RB
,
VRDN
2.13
%
,
04/01/25
(b)
...
1,200
1,179,470
Series
2019S-8
,
RB
,
3.00
%
,
04/01/54
....
5,085
3,660,789
Series
2023F-1
,
RB
,
5.00
%
,
04/01/54
....
5,000
5,429,611
Series
2023F-1
,
RB
,
5.25
%
,
04/01/54
....
8,000
8,867,484
Series
2014S-6
,
RB
,
5.00
%
,
10/01/54
....
2,980
2,993,575
Series
2023A
,
RB
,
VRDN
(
Barclays
Bank
plc
LOC
),
4.00
%
,
05/31/24
(b)
...........
4,640
4,640,000
Series
2019S-8
,
RB
,
5.00
%
,
04/01/56
....
2,000
2,194,237
Series
2017F-1
,
RB
,
5.00
%
,
04/01/56
....
1,405
1,475,810
Beverly
Hills
Unified
School
District
(a)
Series
2009
,
GO
,
0.00
%
,
08/01/27
......
11,500
10,354,424
Series
2009
,
GO
,
0.00
%
,
08/01/29
......
2,195
1,849,269
Series
2009
,
GO
,
0.00
%
,
08/01/33
......
2,515
1,834,448
California
Educational
Facilities
Authority
Series
V-1
,
RB
,
5.00
%
,
05/01/29
.......
500
545,085
Series
T-1
,
RB
,
5.00
%
,
03/15/39
.......
4,950
5,828,072
Series
U-1
,
RB
,
5.25
%
,
04/01/40
.......
4,650
5,640,266
Series
U-3
,
RB
,
5.00
%
,
06/01/43
.......
2,090
2,444,782
Security
Par
(000)
Par
(000)
Value
California
(continued)
Series
2015
,
RB
,
5.00
%
,
04/01/45
......
USD
500
$
504,223
Series
U-6
,
RB
,
5.00
%
,
05/01/45
.......
20,280
23,632,148
Series
2015
,
RB
,
5.00
%
,
09/01/45
......
5,000
5,104,400
Series
U-7
,
RB
,
5.00
%
,
06/01/46
.......
2,650
3,083,472
Series
V-1
,
RB
,
5.00
%
,
05/01/49
.......
7,260
8,388,804
Series
2016
,
RB
,
5.00
%
,
10/01/49
......
250
257,882
Series
2018A
,
RB
,
5.00
%
,
10/01/53
.....
1,120
1,143,483
California
Infrastructure
&
Economic
Development
Bank
Series
2017
,
RB
,
5.00
%
,
10/01/24
......
890
894,226
Series
2003A
,
RB
,
5.00
%
,
07/01/25
(
FGIC
)
300
305,470
Series
2016
,
RB
,
5.00
%
,
10/01/26
......
3,550
3,666,242
Series
2018
,
RB
,
5.00
%
,
10/01/26
......
215
224,000
Series
2018
,
RB
,
5.00
%
,
10/01/27
......
505
535,154
Series
2023
,
RB
,
5.00
%
,
10/01/28
......
1,000
1,078,631
Series
2018
,
RB
,
5.00
%
,
10/01/28
......
545
582,636
Series
2003A
,
RB
,
5.00
%
,
07/01/29
(
FGIC
)
810
857,449
Series
2003A
,
RB
,
5.00
%
,
07/01/33
(
AMBAC
)
.....................
1,410
1,500,967
Series
2003A
,
RB
,
5.00
%
,
07/01/36
(
AMBAC
)
.....................
740
787,741
Series
2016A
,
RB
,
5.00
%
,
10/01/41
.....
700
727,597
Series
2017
,
RB
,
5.00
%
,
05/15/42
......
1,000
1,047,859
Series
2018
,
RB
,
5.00
%
,
10/01/43
......
2,000
2,096,976
Series
2016A
,
RB
,
4.00
%
,
10/01/45
.....
500
508,591
Series
2023
,
RB
,
4.00
%
,
10/01/45
......
5,000
5,063,257
Series
2024
,
RB
,
4.00
%
,
10/01/47
......
1,775
1,783,895
Series
2022A
,
RB
,
5.00
%
,
10/01/47
.....
1,175
1,286,373
Series
2018
,
RB
,
5.00
%
,
10/01/48
......
125
130,082
Series
2019
,
RB
,
5.00
%
,
08/01/49
......
3,125
3,256,667
Series
2022A
,
RB
,
5.00
%
,
10/01/52
.....
8,000
8,683,213
California
Municipal
Finance
Authority
Series
2017A
,
RB
,
5.00
%
,
06/01/42
.....
500
514,360
Series
2017
,
RB
,
5.00
%
,
01/01/48
......
1,000
1,062,423
California
School
Facilities
Financing
Authority,
Series
2009A,
RB,
0.00%, 08/01/49
(AGM)
(a)
2,100
572,583
California
State
Public
Works
Board
Series
2021A
,
RB
,
5.00
%
,
02/01/25
.....
5,005
5,052,628
Series
F
,
RB
,
5.00
%
,
05/01/25
.........
300
304,172
Series
D
,
RB
,
5.00
%
,
06/01/25
.........
350
355,398
Series
2022A
,
RB
,
5.00
%
,
08/01/25
.....
6,680
6,800,596
Series
2014A
,
RB
,
5.00
%
,
09/01/25
.....
3,100
3,110,697
Series
2014A
,
RB
,
5.00
%
,
09/01/26
.....
2,620
2,627,391
Series
B
,
RB
,
5.00
%
,
10/01/27
.........
20
21,157
Series
B
,
RB
,
5.00
%
,
10/01/27
.........
375
394,651
Series
2023D
,
RB
,
5.00
%
,
11/01/27
.....
4,510
4,752,556
Series
2019C
,
RB
,
5.00
%
,
11/01/27
.....
1,140
1,201,311
Series
F
,
RB
,
5.00
%
,
05/01/28
.........
350
354,029
Series
2022B
,
RB
,
5.00
%
,
06/01/28
.....
2,000
2,126,076
Series
2022A
,
RB
,
5.00
%
,
08/01/28
.....
1,000
1,065,856
Series
2014A
,
RB
,
5.00
%
,
09/01/28
.....
1,265
1,268,911
Series
2014A
,
RB
,
5.00
%
,
09/01/29
.....
2,205
2,212,197
Series
B
,
RB
,
5.00
%
,
10/01/29
.........
15
15,868
Series
B
,
RB
,
5.00
%
,
10/01/29
.........
235
246,151
Series
2019C
,
RB
,
5.00
%
,
11/01/29
.....
1,530
1,660,246
Series
2023C
,
RB
,
5.00
%
,
09/01/30
.....
2,735
3,003,283
Series
2020D
,
RB
,
5.00
%
,
11/01/30
.....
1,405
1,546,327
Series
2023C
,
RB
,
5.00
%
,
09/01/31
.....
4,875
5,423,920
Series
2014A
,
RB
,
5.00
%
,
09/01/32
.....
1,000
1,003,338
Series
2023C
,
RB
,
5.00
%
,
09/01/34
.....
5,000
5,671,069
Series
2014A
,
RB
,
5.00
%
,
09/01/34
.....
1,000
1,003,313
Series
2016C
,
RB
,
5.00
%
,
11/01/34
.....
1,575
1,622,385
Series
2023D
,
RB
,
5.00
%
,
11/01/36
.....
5,000
5,647,147
Series
2014B
,
RB
,
5.00
%
,
10/01/39
.....
2,000
2,008,367
Series
2021C
,
RB
,
5.00
%
,
11/01/40
.....
1,000
1,091,866
Schedule
of
Investments
(unaudited)
(continued)
May
31,
2024
iShares
®
California
Muni
Bond
ETF
2
(Percentages
shown
are
based
on
Net
Assets)
Security
Par
(000)
Par
(000)
Value
California
(continued)
Series
2021D
,
RB
,
4.00
%
,
11/01/41
.....
USD
2,510
$
2,520,931
Series
2024A
,
RB
,
5.00
%
,
04/01/42
.....
2,795
3,102,125
Series
2021C
,
RB
,
5.00
%
,
11/01/46
.....
3,100
3,343,022
Series
2023D
,
RB
,
4.63
%
,
11/01/48
.....
13,760
14,296,652
Series
2024A
,
RB
,
5.00
%
,
04/01/49
.....
2,000
2,185,356
California
State
University
Series
2014A
,
RB
,
5.00
%
,
11/01/26
.....
400
402,228
Series
2017A
,
RB
,
5.00
%
,
11/01/26
.....
370
384,868
Series
2016A
,
RB
,
5.00
%
,
11/01/27
.....
1,385
1,427,308
Series
2014A
,
RB
,
5.00
%
,
11/01/27
.....
400
402,228
Series
2014A
,
RB
,
5.00
%
,
11/01/28
.....
3,370
3,388,770
Series
2014A
,
RB
,
5.00
%
,
11/01/29
.....
1,425
1,432,937
Series
2016A
,
RB
,
5.00
%
,
11/01/29
.....
1,070
1,101,234
Series
2014A
,
RB
,
5.00
%
,
11/01/30
.....
505
507,813
Series
2017A
,
RB
,
5.00
%
,
11/01/30
.....
520
545,927
Series
2015A
,
RB
,
5.00
%
,
11/01/31
.....
2,500
2,550,389
Series
2017A
,
RB
,
5.00
%
,
11/01/31
.....
500
524,739
Series
2014A
,
RB
,
5.00
%
,
11/01/32
.....
2,000
2,011,139
Series
2016A
,
RB
,
5.00
%
,
11/01/32
.....
1,500
1,541,877
Series
2015A
,
RB
,
5.00
%
,
11/01/33
.....
500
509,982
Series
2014A
,
RB
,
5.00
%
,
11/01/33
.....
1,500
1,508,354
Series
2017A
,
RB
,
5.00
%
,
11/01/33
.....
1,325
1,389,822
Series
2016A
,
RB
,
4.00
%
,
11/01/35
.....
3,000
3,009,558
Series
2017A
,
RB
,
5.00
%
,
11/01/35
.....
450
471,205
Series
2015A
,
RB
,
5.00
%
,
11/01/35
.....
2,780
2,834,154
Series
2017A
,
RB
,
5.00
%
,
11/01/36
.....
485
506,482
Series
2016A
,
RB
,
4.00
%
,
11/01/37
.....
2,455
2,456,595
Series
2016A
,
RB
,
4.00
%
,
11/01/38
.....
2,005
2,006,764
Series
2014A
,
RB
,
5.00
%
,
11/01/39
.....
500
502,785
Series
2019A
,
RB
,
5.00
%
,
11/01/39
.....
1,515
1,629,885
Series
2016A
,
RB
,
5.00
%
,
11/01/41
.....
650
663,853
Series
2015A
,
RB
,
4.00
%
,
11/01/43
.....
200
198,229
Series
2015A
,
RB
,
5.00
%
,
11/01/43
.....
1,665
1,691,543
Series
2014A
,
RB
,
5.00
%
,
11/01/44
.....
13,290
13,364,020
Series
2020C
,
RB
,
4.00
%
,
11/01/45
.....
4,470
4,402,291
Series
2016A
,
RB
,
4.00
%
,
11/01/45
.....
985
974,232
Series
2016A
,
RB
,
5.00
%
,
11/01/45
.....
760
773,167
Series
2015A
,
RB
,
5.00
%
,
11/01/47
.....
1,300
1,318,138
Series
2018A
,
RB
,
5.00
%
,
11/01/48
.....
3,550
3,709,422
Series
2023A
,
RB
,
5.25
%
,
11/01/48
.....
3,745
4,174,167
California
Statewide
Communities
Development
Authority,
Series
2016,
RB,
5.00%, 05/15/40
250
251,887
Campbell
Union
High
School
District,
Series
B,
GO,
4.00%, 08/01/38
..............
2,000
2,031,371
Cerritos
Community
College
District
Series
2012D
,
GO
,
0.00
%
,
08/01/26
(a)
....
545
505,529
Series
2014A
,
GO
,
5.00
%
,
08/01/39
.....
2,790
2,794,561
Series
2019C
,
GO
,
3.00
%
,
08/01/44
.....
250
199,479
Series
2014A
,
GO
,
4.00
%
,
08/01/44
.....
250
247,745
Chabot-Las
Positas
Community
College
District
Series
C
,
GO
,
5.00
%
,
08/01/27
........
500
527,544
Series
2016
,
GO
,
4.00
%
,
08/01/33
......
1,000
1,003,762
Series
2016
,
GO
,
4.00
%
,
08/01/34
......
1,000
1,002,987
Series
2017A
,
GO
,
4.00
%
,
08/01/42
.....
1,290
1,279,112
Series
2017A
,
GO
,
4.00
%
,
08/01/47
.....
1,000
987,922
Series
C
,
GO
,
5.25
%
,
08/01/48
........
400
444,811
Chaffey
Community
College
District,
Series
A,
GO,
3.00%, 06/01/33
..............
1,800
1,647,105
Chaffey
Joint
Union
High
School
District
Series
B
,
GO
,
4.00
%
,
08/01/44
........
500
495,490
Series
G
,
GO
,
5.25
%
,
08/01/52
........
1,500
1,643,718
Chino
Basin
Regional
Financing
Authority,
Series
2020B,
RB,
4.00%, 11/01/25
.....
3,790
3,820,406
Chino
Valley
Unified
School
District,
Series
2020B,
GO,
4.00%, 08/01/45
.........
2,500
2,479,942
Security
Par
(000)
Par
(000)
Value
California
(continued)
City
&
County
of
San
Francisco
Series
2015R-1
,
GO
,
5.00
%
,
06/15/24
...
USD
175
$
175,077
Series
2020R-1
,
GO
,
5.00
%
,
06/15/25
...
2,815
2,865,661
Series
2015R-1
,
GO
,
5.00
%
,
06/15/26
...
550
551,307
Series
2021R-1
,
GO
,
5.00
%
,
06/15/26
...
1,000
1,034,931
Series
2022R-1
,
GO
,
5.00
%
,
06/15/26
...
500
517,466
Series
2022R-1
,
GO
,
5.00
%
,
06/15/27
...
500
526,860
Series
2022R-1
,
GO
,
5.00
%
,
06/15/28
...
3,500
3,751,150
Series
2020R-1
,
GO
,
5.00
%
,
06/15/31
...
1,500
1,606,327
Series
2024R-1
,
GO
,
5.00
%
,
06/15/35
...
1,880
2,183,173
City
of
Long
Beach
Series
2019A
,
RB
,
5.00
%
,
05/15/44
.....
2,000
2,118,730
Series
C
,
RB
,
5.00
%
,
05/15/47
.........
1,500
1,543,872
City
of
Los
Angeles
Series
2023
,
RB
,
5.00
%
,
06/27/24
......
5,000
5,002,766
Series
2022C
,
RB
,
5.00
%
,
06/01/26
.....
3,815
3,943,317
Series
2018B
,
RB
,
5.00
%
,
06/01/27
.....
3,860
4,061,259
Series
2022C
,
RB
,
5.00
%
,
06/01/29
.....
1,000
1,087,984
Series
A
,
RB
,
5.00
%
,
06/01/30
.........
1,305
1,365,901
Series
2022C
,
RB
,
5.00
%
,
06/01/30
.....
1,000
1,104,520
Series
2022C
,
RB
,
5.00
%
,
06/01/32
.....
2,500
2,840,063
Series
2013A
,
RB
,
5.00
%
,
06/01/35
.....
2,450
2,454,776
Series
2023A
,
RB
,
5.00
%
,
02/01/37
.....
1,000
1,144,329
Series
2023A
,
RB
,
5.00
%
,
02/01/38
.....
1,000
1,138,766
Series
A
,
RB
,
4.00
%
,
06/01/42
.........
500
495,040
Series
2018A
,
RB
,
5.00
%
,
06/01/43
.....
1,000
1,046,977
Series
A
,
RB
,
5.00
%
,
06/01/43
.........
1,435
1,436,843
Series
C
,
RB
,
5.00
%
,
06/01/45
.........
915
923,898
Series
2022A
,
RB
,
5.00
%
,
06/01/47
.....
3,275
3,549,177
Series
A
,
RB
,
5.25
%
,
06/01/47
.........
1,000
1,042,775
Series
2022A
,
RB
,
4.00
%
,
06/01/52
.....
1,420
1,367,258
City
of
Los
Angeles
Department
of
Airports
Series
2019C
,
RB
,
5.00
%
,
05/15/25
.....
360
365,700
Series
2019C
,
RB
,
5.00
%
,
05/15/25
.....
140
142,005
Series
2020B
,
RB
,
5.00
%
,
05/15/25
.....
1,135
1,152,970
Series
2020A
,
RB
,
5.00
%
,
05/15/26
.....
1,000
1,033,561
Series
2020A
,
RB
,
5.00
%
,
05/15/28
.....
280
299,941
Series
2020A
,
RB
,
5.00
%
,
05/15/32
.....
1,070
1,175,635
Series
2020B
,
RB
,
5.00
%
,
05/15/32
.....
1,000
1,107,001
Series
2021B
,
RB
,
5.00
%
,
05/15/35
.....
2,105
2,359,279
Series
2020A
,
RB
,
5.00
%
,
05/15/36
.....
5,330
5,838,906
Series
C
,
RB
,
5.00
%
,
05/15/38
.........
1,750
1,770,682
Series
2020A
,
RB
,
5.00
%
,
05/15/39
.....
4,430
4,798,194
Series
2020A
,
RB
,
5.00
%
,
05/15/40
.....
1,425
1,538,252
Series
B
,
RB
,
5.00
%
,
05/15/42
.........
2,000
2,073,066
Series
2019E
,
RB
,
5.00
%
,
05/15/44
.....
1,500
1,578,232
Series
2021B
,
RB
,
5.00
%
,
05/15/45
.....
2,205
2,368,703
Series
2021B
,
RB
,
5.00
%
,
05/15/48
.....
475
506,736
Series
2018E
,
RB
,
5.00
%
,
05/15/48
.....
1,020
1,069,430
City
of
Riverside
Series
2019A
,
RB
,
5.00
%
,
10/01/36
.....
1,025
1,107,220
Series
2015A
,
RB
,
5.00
%
,
08/01/40
.....
500
506,595
Series
2019A
,
RB
,
5.00
%
,
10/01/48
.....
3,695
3,878,834
City
of
Sacramento,
Series
2018A,
RB,
5.00%, 06/01/43
.................
1,000
1,029,205
City
of
San
Francisco
Series
2015A
,
RB
,
5.00
%
,
11/01/25
.....
1,700
1,726,647
Series
A
,
RB
,
5.00
%
,
11/01/25
.........
455
465,965
Series
A
,
RB
,
5.00
%
,
11/01/29
.........
1,405
1,467,061
Series
A
,
RB
,
4.00
%
,
11/01/30
.........
1,055
1,067,347
Series
2023C
,
RB
,
5.00
%
,
11/01/31
.....
1,000
1,126,555
Series
2015A
,
RB
,
5.00
%
,
11/01/32
.....
1,000
1,013,224
Series
A
,
RB
,
5.00
%
,
11/01/32
.........
370
384,723
Series
2023C
,
RB
,
5.00
%
,
11/01/32
.....
1,000
1,141,372
Series
A
,
RB
,
5.00
%
,
11/01/33
.........
1,835
1,903,629
Schedule
of
Investments
(unaudited)
(continued)
May
31,
2024
iShares
®
California
Muni
Bond
ETF
3
(Percentages
shown
are
based
on
Net
Assets)
Security
Par
(000)
Par
(000)
Value
California
(continued)
Series
D
,
RB
,
5.00
%
,
11/01/33
.........
USD
1,000
$
1,053,711
Series
A
,
RB
,
5.00
%
,
11/01/34
.........
1,740
1,800,890
Series
2023C
,
RB
,
5.00
%
,
11/01/35
.....
1,440
1,663,104
Series
A
,
RB
,
4.00
%
,
11/01/36
.........
2,500
2,513,981
Series
2023C
,
RB
,
5.00
%
,
11/01/39
.....
1,000
1,140,285
Series
2017A
,
RB
,
5.00
%
,
11/01/42
.....
4,325
4,348,204
Series
2023AB
,
RB
,
5.00
%
,
11/01/43
....
3,550
3,936,700
Series
2020B
,
RB
,
5.00
%
,
11/01/50
.....
2,000
2,070,745
City
of
San
Jose
Series
2019C
,
GO
,
5.00
%
,
09/01/28
.....
370
398,489
Series
2021A
,
GO
,
5.00
%
,
09/01/39
.....
3,150
3,491,354
Series
2021A
,
GO
,
5.00
%
,
09/01/42
.....
2,175
2,385,846
Series
2019A-1
,
GO
,
5.00
%
,
09/01/45
....
2,650
2,798,070
Series
2021A
,
GO
,
5.00
%
,
09/01/45
.....
7,035
7,626,916
Series
2019A-1
,
GO
,
5.00
%
,
09/01/47
....
2,000
2,105,150
City
of
Santa
Rosa,
Series
2002B,
RB,
0.00%, 09/01/32
(AMBAC)
(a)
..........
5,000
3,675,108
Clovis
Unified
School
District
Series
D
,
GO
,
4.00
%
,
08/01/40
........
105
104,977
Series
D
,
GO
,
4.00
%
,
08/01/40
........
145
146,116
Coast
Community
College
District
Series
2006B
,
GO
,
0.00
%
,
08/01/27
(
AGM
)
(a)
320
285,627
Series
2006B
,
GO
,
0.00
%
,
08/01/28
(
AGM
)
(a)
2,050
1,764,903
Series
2015
,
GO
,
5.00
%
,
08/01/29
......
4,905
4,992,446
Series
2006B
,
GO
,
0.00
%
,
08/01/30
(
AGM
)
(a)
2,985
2,391,011
Series
2015
,
GO
,
5.00
%
,
08/01/31
......
2,335
2,376,628
Series
2015
,
GO
,
0.00
%
,
08/01/34
(a)
.....
500
325,166
Series
2017D
,
GO
,
5.00
%
,
08/01/36
.....
1,500
1,585,107
Series
2019F
,
GO
,
3.00
%
,
08/01/39
.....
2,520
2,158,507
Series
2017D
,
GO
,
4.00
%
,
08/01/42
.....
500
495,146
Series
2019F
,
GO
,
0.00
%
,
08/01/43
(a)
....
1,000
420,448
Contra
Costa
Community
College
District,
Series
2014A,
GO,
4.00%, 08/01/39
.....
1,250
1,233,286
Contra
Costa
Water
District,
Series
W,
RB,
5.00%, 10/01/51
.................
5,775
6,196,937
Corona-Norco
Unified
School
District
Series
A
,
GO
,
5.00
%
,
08/01/40
........
1,500
1,526,755
Series
B
,
GO
,
4.00
%
,
08/01/43
........
3,725
3,732,142
County
of
Riverside,
Series
2023,
RB,
5.00%, 06/28/24
.................
3,335
3,337,250
County
of
Sacramento
Airport
System
Series
2018B
,
RB
,
5.00
%
,
07/01/38
.....
1,000
1,056,542
Series
A
,
RB
,
5.00
%
,
07/01/41
.........
1,000
1,020,635
Series
B
,
RB
,
5.00
%
,
07/01/41
.........
800
813,312
County
of
Santa
Clara
Series
2022D
,
GO
,
5.00
%
,
08/01/34
.....
5,890
6,741,076
Series
2017C
,
GO
,
4.00
%
,
08/01/38
.....
750
751,212
Desert
Community
College
District
Series
2016
,
GO
,
5.00
%
,
08/01/37
......
1,000
1,027,547
Series
2017
,
GO
,
4.00
%
,
08/01/39
......
500
496,469
Desert
Sands
Unified
School
District,
Series
2019,
GO,
4.00%, 08/01/44
..........
1,000
996,205
Dublin
Unified
School
District,
Series
B,
GO,
4.25%, 08/01/53
.................
5,000
5,019,806
East
Bay
Municipal
Utility
District
Water
System
Series
2014B
,
RB
,
5.00
%
,
06/01/24
.....
850
850,000
Series
2022B-2
,
RB
,
5.00
%
,
06/01/24
....
425
425,000
Series
2014B
,
RB
,
5.00
%
,
06/01/25
.....
325
330,626
Series
2015A
,
RB
,
5.00
%
,
06/01/27
.....
1,005
1,020,671
Series
2015A
,
RB
,
5.00
%
,
06/01/28
.....
250
253,729
Series
2024B
,
RB
,
5.00
%
,
06/01/28
.....
1,000
1,072,184
Series
2015A
,
RB
,
5.00
%
,
06/01/29
.....
300
304,458
Series
2017B
,
RB
,
5.00
%
,
06/01/29
.....
2,200
2,316,293
Series
2024B
,
RB
,
5.00
%
,
06/01/30
.....
1,000
1,107,983
Series
2024B
,
RB
,
5.00
%
,
06/01/33
.....
2,000
2,311,670
Security
Par
(000)
Par
(000)
Value
California
(continued)
Series
2017B
,
RB
,
5.00
%
,
06/01/33
.....
USD
1,000
$
1,050,441
Series
2024B
,
RB
,
5.00
%
,
06/01/34
.....
2,000
2,307,780
Series
2017B
,
RB
,
5.00
%
,
06/01/34
.....
430
451,529
Series
2015A
,
RB
,
5.00
%
,
06/01/35
.....
540
547,243
Series
2022A
,
RB
,
5.00
%
,
06/01/37
.....
2,000
2,255,834
Series
2017A
,
RB
,
5.00
%
,
06/01/42
.....
4,460
4,634,670
Series
2017A
,
RB
,
4.00
%
,
06/01/45
.....
1,000
987,054
Series
2017A
,
RB
,
5.00
%
,
06/01/45
.....
1,000
1,036,742
East
Side
Union
High
School
District
Series
2024B
,
GO
,
5.00
%
,
08/01/30
(
AGM
)
3,500
3,879,469
Series
2024B
,
GO
,
5.00
%
,
08/01/34
(
AGM
)
4,000
4,656,964
Eastern
Municipal
Water
District,
Series
2024A,
RB,
VRDN
(Bank
of
America
NA
SBPA),
3.72%, 05/30/24
(b)
................
3,625
3,625,000
Eastern
Municipal
Water
District
Financing
Authority
Series
2020A
,
RB
,
5.00
%
,
07/01/36
.....
3,000
3,321,020
Series
2020A
,
RB
,
4.00
%
,
07/01/38
.....
2,310
2,360,218
Series
2017D
,
RB
,
5.00
%
,
07/01/47
.....
1,000
1,036,264
El
Camino
Community
College
District
Foundation
(The)
Series
2012C
,
GO
,
0.00
%
,
08/01/29
(a)
....
2,110
1,766,865
Series
2012C
,
GO
,
0.00
%
,
08/01/32
(a)
....
700
527,593
Series
2012C
,
GO
,
0.00
%
,
08/01/33
(a)
....
125
90,766
Series
2012C
,
GO
,
0.00
%
,
08/01/34
(a)
....
3,050
2,130,953
Series
2016A
,
GO
,
4.00
%
,
08/01/45
.....
500
495,168
El
Monte
Union
High
School
District,
Series
B,
GO,
4.00%, 06/01/46
..............
4,100
4,025,286
Elk
Grove
Unified
School
District
Series
2021
,
GO
,
2.00
%
,
08/01/34
......
2,515
1,989,629
Series
2019
,
GO
,
4.00
%
,
08/01/46
......
2,855
2,803,951
Series
2017
,
GO
,
4.00
%
,
08/01/46
......
5,950
5,843,610
Escondido
Union
High
School
District
(a)
Series
2009
,
GO
,
0.00
%
,
08/01/37
(
AGC
)
.
190
113,671
Series
2011C
,
GO
,
0.00
%
,
08/01/46
.....
985
349,089
Series
2011C
,
GO
,
0.00
%
,
08/01/51
.....
1,155
325,734
Foothill-De
Anza
Community
College
District
Series
2003B
,
GO
,
0.00
%
,
08/01/34
(
NPFGC-IBC,
FGIC
)
(a)
............
2,000
1,414,192
Series
A
,
GO
,
0.00
%
,
08/01/36
(
AMBAC
)
(a)
1,950
1,261,871
Series
2021A
,
GO
,
3.00
%
,
08/01/40
.....
5,160
4,329,140
Series
2016
,
GO
,
4.00
%
,
08/01/40
......
4,285
4,252,115
Foothill-Eastern
Transportation
Corridor
Agency
Series
1995A
,
RB
,
0.00
%
,
01/01/25
(a)
....
880
861,963
Series
1995A
,
RB
,
0.00
%
,
01/01/26
(a)
....
1,165
1,103,709
Series
1995A
,
RB
,
0.00
%
,
01/01/28
(a)
....
440
390,675
Series
1995A
,
RB
,
0.00
%
,
01/01/29
(a)
....
500
430,095
Series
1995A
,
RB
,
0.00
%
,
01/01/30
(
AGC-
ICC,
AGM-CR
)
(a)
................
320
266,962
Series
2015A
,
RB
,
0.00
%
,
01/15/33
(a)
....
750
527,969
Series
2015A
,
RB
,
0.00
%
,
01/15/34
(
AGM
)
(a)
5,500
3,789,823
Series
2015A
,
RB
,
0.00
%
,
01/15/35
(
AGM
)
(a)
300
198,935
Series
2013A
,
RB
,
0.00
%
,
01/15/36
(
AGM
)
(a)
12,490
7,935,288
Series
2013A
,
RB
,
0.00
%
,
01/15/37
(
AGM
)
(a)
3,000
1,818,921
Series
2021A
,
RB
,
4.00
%
,
01/15/46
.....
19,000
17,958,471
Series
2013B-1
,
RB
,
3.95
%
,
01/15/53
....
1,200
1,088,217
Fremont
Unified
School
District,
Series
A,
GO,
4.00%, 08/01/46
.................
1,080
1,080,301
Fremont
Union
High
School
District
Series
2021A
,
GO
,
3.00
%
,
08/01/40
.....
4,000
3,332,614
Series
2015
,
GO
,
4.00
%
,
08/01/40
......
1,950
1,923,662
Series
A
,
GO
,
5.00
%
,
08/01/44
........
1,000
1,039,284
Series
2019A
,
GO
,
4.00
%
,
08/01/46
.....
10,405
10,383,975
Glendale
Community
College
District,
Series
B,
GO,
4.00%, 08/01/50
..............
8,085
7,949,723
Schedule
of
Investments
(unaudited)
(continued)
May
31,
2024
iShares
®
California
Muni
Bond
ETF
4
(Percentages
shown
are
based
on
Net
Assets)
Security
Par
(000)
Par
(000)
Value
California
(continued)
Glendale
Unified
School
District,
Series
2015B,
GO,
4.00%, 09/01/41
..............
USD
350
$
353,333
Grossmont
Union
High
School
District,
Series
2006,
GO,
0.00%, 08/01/24
(NPFGC)
(a)
...
140
139,156
Grossmont-Cuyamaca
Community
College
District
Series
2008C
,
GO
,
0.00
%
,
08/01/30
(
AGC
)
(a)
2,000
1,610,768
Series
2018B
,
GO
,
4.00
%
,
08/01/47
.....
1,000
987,922
Hayward
Area
Recreation
&
Park
District,
Series
A,
GO,
4.00%, 08/01/46
........
1,000
989,287
Hayward
Unified
School
District
Series
2015
,
GO
,
5.00
%
,
08/01/38
......
6,000
6,011,155
Series
2019A
,
GO
,
4.00
%
,
08/01/48
(
BAM
)
1,000
964,921
Hillsborough
City
School
District
(a)
Series
B
,
GO
,
0.00
%
,
09/01/30
........
4,995
4,010,762
Series
B
,
GO
,
0.00
%
,
09/01/31
........
5,075
3,955,227
Imperial
Irrigation
District
Electric
System,
Series
2016B-1,
RB,
5.00%, 11/01/46
....
500
511,210
Irvine
Facilities
Financing
Authority
Series
2023A
,
RB
,
5.25
%
,
05/01/48
.....
1,000
1,020,938
Series
2023A
,
RB
,
4.25
%
,
05/01/53
.....
1,000
1,000,087
Irvine
Ranch
Water
District
Water
Service
Corp.
Series
2009B
,
VRDN
(
Bank
of
America
NA
LOC
),
3.80
%
,
05/30/24
(b)
...........
2,250
2,250,000
Series
2016
,
5.25
%
,
02/01/46
.........
1,000
1,027,971
Lodi
Unified
School
District,
Series
2020,
GO,
3.00%, 08/01/43
.................
5,465
4,399,943
Long
Beach
Community
College
District
Series
2019C
,
GO
,
4.00
%
,
08/01/45
.....
400
397,353
Series
2012B
,
GO
,
0.00
%
,
08/01/49
(a)
....
250
165,845
Series
2019C
,
GO
,
4.00
%
,
08/01/49
.....
300
294,395
Long
Beach
Unified
School
District
Series
A
,
GO
,
5.00
%
,
08/01/25
........
3,200
3,261,879
Series
D-1
,
GO
,
0.00
%
,
08/01/33
(a)
......
1,750
1,177,299
Series
D-1
,
GO
,
0.00
%
,
08/01/39
(a)
......
200
97,470
Series
C
,
GO
,
5.00
%
,
08/01/43
........
3,000
3,336,719
Series
G
,
GO
,
5.00
%
,
08/01/44
........
1,015
1,123,822
Series
B
,
GO
,
4.00
%
,
08/01/45
........
500
499,515
Series
G
,
GO
,
4.00
%
,
08/01/45
........
1,380
1,366,992
Series
C
,
GO
,
5.00
%
,
08/01/45
........
3,265
3,599,442
Series
F
,
GO
,
3.00
%
,
08/01/47
.........
1,605
1,248,616
Series
C
,
GO
,
4.00
%
,
08/01/47
........
3,500
3,436,255
Series
B
,
GO
,
3.00
%
,
08/01/48
........
3,150
2,418,417
Series
C
,
GO
,
4.00
%
,
08/01/48
........
3,910
3,812,213
Series
B
,
GO
,
3.00
%
,
08/01/50
........
7,320
5,492,405
Series
C
,
GO
,
4.00
%
,
08/01/53
........
2,085
2,019,657
Los
Angeles
Community
College
District
Series
2015A
,
GO
,
5.00
%
,
08/01/25
.....
1,260
1,262,754
Series
2015C
,
GO
,
5.00
%
,
08/01/25
.....
345
351,592
Series
A-1
,
GO
,
5.00
%
,
08/01/25
.......
4,420
4,504,456
Series
2015C
,
GO
,
5.00
%
,
06/01/26
.....
2,395
2,475,556
Series
2015A
,
GO
,
5.00
%
,
08/01/27
.....
235
235,514
Series
D
,
GO
,
5.00
%
,
08/01/27
........
10,000
10,541,633
Series
A-1
,
GO
,
5.00
%
,
08/01/27
.......
1,800
1,897,494
Series
2015A
,
GO
,
5.00
%
,
08/01/28
.....
470
471,027
Series
D
,
GO
,
5.00
%
,
08/01/28
........
3,625
3,882,138
Series
D
,
GO
,
5.00
%
,
08/01/29
........
2,085
2,269,314
Series
2015A
,
GO
,
5.00
%
,
08/01/30
.....
8,495
8,513,567
Series
2015A
,
GO
,
5.00
%
,
08/01/31
.....
525
526,147
Series
2015A
,
GO
,
4.00
%
,
08/01/32
.....
1,100
1,100,663
Series
2015A
,
GO
,
4.00
%
,
08/01/33
.....
4,000
4,002,412
Series
K
,
GO
,
4.00
%
,
08/01/34
........
1,050
1,051,587
Series
K
,
GO
,
4.00
%
,
08/01/36
........
2,435
2,438,282
Series
2016
,
GO
,
4.00
%
,
08/01/37
......
1,915
1,916,495
Series
K
,
GO
,
4.00
%
,
08/01/37
........
4,325
4,328,377
Security
Par
(000)
Par
(000)
Value
California
(continued)
Series
K
,
GO
,
4.00
%
,
08/01/38
........
USD
1,460
$
1,459,894
Series
2024
,
GO
,
5.00
%
,
08/01/38
(c)
.....
3,500
4,018,925
Series
K
,
GO
,
3.00
%
,
08/01/39
........
855
748,366
Series
J
,
GO
,
4.00
%
,
08/01/41
.........
3,445
3,448,987
Los
Angeles
County
Facilities,
Inc.
Series
2018A
,
RB
,
5.00
%
,
12/01/43
.....
1,000
1,050,886
Series
2018A
,
RB
,
4.00
%
,
12/01/48
.....
500
489,752
Los
Angeles
County
Metropolitan
Transportation
Authority
Sales
Tax
Series
2020A
,
RB
,
5.00
%
,
06/01/24
.....
1,025
1,025,000
Series
2020A
,
RB
,
5.00
%
,
06/01/25
.....
4,280
4,354,088
Series
2016A
,
RB
,
5.00
%
,
06/01/26
.....
450
465,400
Series
2020A
,
RB
,
5.00
%
,
06/01/27
.....
460
483,984
Series
2021A
,
RB
,
5.00
%
,
06/01/28
.....
1,040
1,114,263
Series
2020A
,
RB
,
5.00
%
,
06/01/28
.....
200
214,048
Series
2017A
,
RB
,
5.00
%
,
07/01/28
.....
270
283,837
Series
2021A
,
RB
,
5.00
%
,
06/01/30
.....
2,450
2,714,557
Series
2020A
,
RB
,
5.00
%
,
06/01/30
.....
1,500
1,660,240
Series
2023A
,
RB
,
5.00
%
,
07/01/30
.....
2,000
2,218,770
Series
2020A
,
RB
,
5.00
%
,
06/01/31
.....
5,680
6,277,428
Series
2020A
,
RB
,
5.00
%
,
06/01/32
.....
2,500
2,768,354
Series
2023A
,
RB
,
5.00
%
,
07/01/32
.....
2,000
2,283,705
Series
2021A
,
RB
,
5.00
%
,
06/01/33
.....
2,020
2,270,558
Series
2020A
,
RB
,
5.00
%
,
06/01/33
.....
3,020
3,337,007
Series
2023A
,
RB
,
5.00
%
,
07/01/33
.....
500
578,525
Series
2020A
,
RB
,
5.00
%
,
06/01/34
.....
1,000
1,043,093
Series
2023A
,
RB
,
5.00
%
,
07/01/34
.....
2,000
2,313,623
Series
2019B
,
RB
,
5.00
%
,
07/01/34
.....
3,065
3,259,499
Series
2019B
,
RB
,
5.00
%
,
07/01/35
.....
2,285
2,425,072
Series
2020A
,
RB
,
4.00
%
,
06/01/37
.....
1,250
1,296,154
Series
2017A
,
RB
,
5.00
%
,
07/01/37
.....
1,000
1,043,001
Series
2017A
,
RB
,
5.00
%
,
07/01/38
.....
1,390
1,449,243
Series
2017A
,
RB
,
5.00
%
,
07/01/39
.....
2,890
3,012,525
Series
2021A
,
RB
,
5.00
%
,
07/01/39
.....
1,500
1,663,430
Series
2017A
,
RB
,
5.00
%
,
07/01/40
.....
2,175
2,265,401
Series
2017A
,
RB
,
5.00
%
,
07/01/42
.....
2,400
2,496,787
Series
2021A
,
RB
,
5.00
%
,
07/01/43
.....
10,120
10,993,558
Series
2019A
,
RB
,
5.00
%
,
07/01/44
.....
2,770
2,911,756
Series
2021A
,
RB
,
5.00
%
,
07/01/45
.....
1,075
1,162,309
Los
Angeles
County
Public
Works
Financing
Authority
Series
2015A
,
RB
,
5.00
%
,
12/01/39
.....
500
502,050
Series
2016D
,
RB
,
4.00
%
,
12/01/40
.....
2,260
2,257,441
Series
2019E-1
,
RB
,
5.00
%
,
12/01/44
....
1,000
1,058,048
Series
2016D
,
RB
,
5.00
%
,
12/01/45
.....
535
543,231
Series
2021F
,
RB
,
4.00
%
,
12/01/46
.....
2,000
2,002,323
Los
Angeles
County
Sanitation
Districts
Financing
Authority
Series
2015A
,
RB
,
5.00
%
,
10/01/34
.....
500
510,454
Series
2016A
,
RB
,
4.00
%
,
10/01/42
.....
5,010
4,916,659
Los
Angeles
Department
of
Water
&
Power
Series
2014C
,
RB
,
5.00
%
,
07/01/25
.....
3,930
3,934,475
Series
2022E
,
RB
,
5.00
%
,
07/01/25
.....
3,590
3,653,582
Series
2018B
,
RB
,
5.00
%
,
07/01/25
.....
1,495
1,518,030
Series
2014C
,
RB
,
5.00
%
,
07/01/26
.....
2,000
2,001,530
Series
2021C
,
RB
,
5.00
%
,
07/01/26
.....
815
842,461
Series
2020A
,
RB
,
5.00
%
,
07/01/26
.....
3,645
3,772,689
Series
2018B
,
RB
,
5.00
%
,
07/01/26
.....
2,270
2,346,485
Series
2022E
,
RB
,
5.00
%
,
07/01/28
.....
2,485
2,661,439
Series
2015A
,
RB
,
5.00
%
,
07/01/28
.....
1,325
1,334,483
Series
2018A
,
RB
,
5.00
%
,
07/01/28
.....
1,175
1,248,753
Series
2015A
,
RB
,
5.00
%
,
07/01/30
.....
1,000
1,007,641
Series
2019B
,
RB
,
5.00
%
,
07/01/32
.....
1,760
1,899,432
Series
2019D
,
RB
,
5.00
%
,
07/01/32
.....
1,000
1,087,216
Series
2015A
,
RB
,
5.00
%
,
07/01/32
.....
855
861,571
Schedule
of
Investments
(unaudited)
(continued)
May
31,
2024
iShares
®
California
Muni
Bond
ETF
5
(Percentages
shown
are
based
on
Net
Assets)
Security
Par
(000)
Par
(000)
Value
California
(continued)
Series
2001B-3
,
RB
,
VRDN
(
Barclays
Bank
plc
SBPA
),
3.80
%
,
05/31/24
(b)
.......
USD
7,740
$
7,740,000
Series
2015A
,
RB
,
5.00
%
,
07/01/34
.....
625
629,789
Series
2002A-1
,
RB
,
VRDN
(
Bank
of
America
NA
SBPA
),
3.82
%
,
05/31/24
(b)
.
6,400
6,400,000
Series
2014D
,
RB
,
5.00
%
,
07/01/35
.....
1,550
1,551,072
Series
2019D
,
RB
,
5.00
%
,
07/01/37
.....
3,865
4,165,550
Series
2014D
,
RB
,
5.00
%
,
07/01/39
.....
3,700
3,701,889
Series
2020B
,
RB
,
5.00
%
,
07/01/39
.....
2,350
2,564,685
Series
2020B
,
RB
,
5.00
%
,
07/01/40
.....
1,500
1,626,682
Series
2022C
,
RB
,
5.00
%
,
07/01/40
.....
2,000
2,205,484
Series
2016B
,
RB
,
5.00
%
,
07/01/42
.....
2,230
2,267,861
Series
2022C
,
RB
,
5.00
%
,
07/01/42
.....
6,185
6,768,296
Series
2017A
,
RB
,
5.00
%
,
07/01/42
.....
695
717,031
Series
2022C
,
RB
,
5.00
%
,
07/01/43
.....
1,400
1,526,687
Series
2024A
,
RB
,
5.00
%
,
07/01/43
.....
4,450
4,941,947
Series
2024A
,
RB
,
5.00
%
,
07/01/44
.....
3,615
4,002,006
Series
2014E
,
RB
,
5.00
%
,
07/01/44
.....
500
500,406
Series
2014D
,
RB
,
5.00
%
,
07/01/44
.....
500
500,122
Series
2019A
,
RB
,
5.00
%
,
07/01/45
.....
1,510
1,586,569
Series
2016A
,
RB
,
5.00
%
,
07/01/46
.....
1,000
1,016,385
Series
2022B
,
RB
,
5.00
%
,
07/01/47
.....
5,000
5,425,811
Series
2017C
,
RB
,
5.00
%
,
07/01/47
.....
1,000
1,033,725
Series
2017A
,
RB
,
5.00
%
,
07/01/47
.....
1,000
1,028,505
Series
2023F-1
,
RB
,
VRDN
(
JPMorgan
Chase
Bank
NA
SBPA
),
3.85
%
,
06/03/24
(b)
...............
2,200
2,200,000
Series
2019D
,
RB
,
5.00
%
,
07/01/49
.....
3,675
3,851,314
Series
2019C
,
RB
,
5.00
%
,
07/01/49
.....
2,455
2,572,783
Series
2021A
,
Sub-Series
A-1
,
RB
,
VRDN
(
Royal
Bank
of
Canada
SBPA
),
3.80
%
,
05/31/24
(b)
...............
1,600
1,600,000
Series
2021C
,
RB
,
5.00
%
,
07/01/51
.....
2,575
2,755,288
Series
2022A
,
RB
,
5.00
%
,
07/01/51
.....
2,480
2,653,636
Series
2022C
,
RB
,
5.00
%
,
07/01/52
.....
2,100
2,253,420
Los
Angeles
Department
of
Water
&
Power
Water
System
Series
2023A
,
RB
,
5.00
%
,
07/01/25
.....
2,000
2,037,553
Series
2020B
,
RB
,
4.00
%
,
07/01/27
.....
415
424,924
Series
2023A
,
RB
,
5.00
%
,
07/01/34
.....
1,100
1,269,659
Series
2016A
,
RB
,
5.00
%
,
07/01/35
.....
2,830
2,884,603
Series
2020C
,
RB
,
5.00
%
,
07/01/36
.....
2,500
2,760,098
Series
2016A
,
RB
,
5.00
%
,
07/01/38
.....
1,330
1,353,845
Series
2022B
,
RB
,
5.00
%
,
07/01/38
.....
2,500
2,792,372
Series
2022D
,
RB
,
5.00
%
,
07/01/40
.....
1,220
1,354,348
Series
2022C
,
RB
,
5.00
%
,
07/01/40
.....
4,130
4,584,799
Series
2017A
,
RB
,
5.00
%
,
07/01/41
.....
2,000
2,065,733
Series
2024B
,
RB
,
5.00
%
,
07/01/41
.....
3,200
3,592,667
Series
2022B
,
RB
,
5.00
%
,
07/01/42
.....
2,310
2,531,064
Series
2024B
,
RB
,
5.00
%
,
07/01/42
.....
2,000
2,244,164
Series
2018B
,
RB
,
5.00
%
,
07/01/43
.....
4,345
4,559,669
Series
2022C
,
RB
,
5.00
%
,
07/01/43
.....
2,650
2,907,341
Series
2017A
,
RB
,
5.00
%
,
07/01/44
.....
2,000
2,063,597
Series
2019A-2
,
RB
,
VRDN
(
Barclays
Bank
plc
SBPA
),
3.80
%
,
05/31/24
(b)
.......
5,950
5,950,000
Series
2016B
,
RB
,
5.00
%
,
07/01/46
.....
250
254,173
Series
2016A
,
RB
,
5.00
%
,
07/01/46
.....
5,000
5,083,459
Series
2021B
,
RB
,
5.00
%
,
07/01/46
.....
2,950
3,167,227
Series
2022D
,
RB
,
5.00
%
,
07/01/47
.....
6,330
6,878,265
Series
2018B
,
RB
,
5.00
%
,
07/01/48
.....
4,025
4,204,137
Series
2018A
,
RB
,
5.00
%
,
07/01/48
.....
1,000
1,039,407
Series
2023A
,
RB
,
5.00
%
,
07/01/49
.....
1,000
1,090,786
Series
2020A
,
RB
,
5.00
%
,
07/01/50
.....
6,460
6,869,156
Series
2021B
,
RB
,
5.00
%
,
07/01/51
.....
2,600
2,773,839
Series
2022B
,
RB
,
5.00
%
,
07/01/52
.....
5,760
6,188,636
Security
Par
(000)
Par
(000)
Value
California
(continued)
Series
2023A
,
RB
,
5.25
%
,
07/01/53
.....
USD
1,000
$
1,108,327
Los
Angeles
Unified
School
District
Series
2018B-1
,
GO
,
4.00
%
,
07/01/24
....
740
740,096
Series
2017A
,
GO
,
5.00
%
,
07/01/24
.....
2,325
2,326,909
Series
C
,
GO
,
5.00
%
,
07/01/24
........
1,010
1,010,829
Series
2019A
,
GO
,
5.00
%
,
07/01/25
.....
2,455
2,496,651
Series
2021A
,
GO
,
5.00
%
,
07/01/25
.....
1,000
1,016,966
Series
2022QRR
,
GO
,
5.00
%
,
07/01/25
...
2,000
2,035,848
Series
2017A
,
GO
,
5.00
%
,
07/01/25
.....
2,050
2,084,780
Series
2022QRR
,
GO
,
5.00
%
,
07/01/26
...
750
775,357
Series
2019A
,
GO
,
5.00
%
,
07/01/26
.....
2,500
2,584,522
Series
2020RYQ
,
GO
,
5.00
%
,
07/01/26
...
1,500
1,550,713
Series
2017A
,
GO
,
5.00
%
,
07/01/26
.....
3,625
3,747,557
Series
C
,
GO
,
5.00
%
,
07/01/26
........
460
460,756
Series
2017A
,
GO
,
5.00
%
,
07/01/27
.....
3,570
3,754,956
Series
2019A
,
GO
,
5.00
%
,
07/01/27
.....
1,170
1,230,616
Series
2020C
,
GO
,
5.00
%
,
07/01/27
.....
1,070
1,125,435
Series
2021RYRR
,
GO
,
5.00
%
,
07/01/27
..
1,250
1,314,761
Series
C
,
GO
,
5.00
%
,
07/01/27
........
1,800
1,802,958
Series
2023A
,
COP
,
5.00
%
,
10/01/27
....
1,000
1,051,728
Series
C
,
GO
,
5.00
%
,
07/01/28
........
1,155
1,156,898
Series
2023QRR
,
GO
,
5.00
%
,
07/01/28
...
2,865
3,061,624
Series
2020RYQ
,
GO
,
5.00
%
,
07/01/28
...
1,145
1,223,581
Series
2019A
,
GO
,
5.00
%
,
07/01/28
.....
3,945
4,215,745
Series
2018B-1
,
GO
,
5.00
%
,
07/01/28
....
1,455
1,541,927
Series
2020A
,
GO
,
5.00
%
,
07/01/28
.....
875
935,051
Series
2024A
,
GO
,
5.00
%
,
07/01/29
.....
3,180
3,456,606
Series
2022QRR
,
GO
,
5.00
%
,
07/01/29
...
1,000
1,086,983
Series
2019A
,
GO
,
5.00
%
,
07/01/29
.....
1,850
2,010,919
Series
2023QRR
,
GO
,
5.00
%
,
07/01/29
...
3,500
3,804,441
Series
2016A
,
GO
,
5.00
%
,
07/01/29
.....
1,000
1,016,372
Series
2021A
,
GO
,
5.00
%
,
07/01/30
.....
5
5,506
Series
2020C
,
GO
,
5.00
%
,
07/01/30
.....
1,225
1,348,989
Series
C
,
GO
,
5.00
%
,
07/01/30
........
750
751,233
Series
2018B-1
,
GO
,
5.00
%
,
07/01/30
....
505
534,968
Series
2016B
,
GO
,
5.00
%
,
07/01/30
.....
1,000
1,030,601
Series
2023A
,
COP
,
5.00
%
,
10/01/30
....
2,000
2,197,478
Series
2020C
,
GO
,
4.00
%
,
07/01/31
.....
1,000
1,047,360
Series
2018B-1
,
GO
,
5.00
%
,
07/01/31
....
500
529,704
Series
2019A
,
GO
,
5.00
%
,
07/01/31
.....
1,000
1,082,371
Series
2021A
,
GO
,
4.00
%
,
07/01/32
.....
440
460,937
Series
2019A
,
GO
,
5.00
%
,
07/01/32
.....
1,500
1,621,976
Series
2020A
,
GO
,
5.00
%
,
07/01/33
.....
6,020
6,624,342
Series
2018B-1
,
GO
,
5.00
%
,
07/01/33
....
2,000
2,113,073
Series
2024A
,
GO
,
5.00
%
,
07/01/34
.....
2,890
3,342,464
Series
2022QRR
,
GO
,
5.00
%
,
07/01/36
...
1,000
1,134,382
Series
2020RYQ
,
GO
,
4.00
%
,
07/01/37
...
3,500
3,584,484
Series
2018B-1
,
GO
,
5.00
%
,
07/01/37
....
1,000
1,049,969
Series
2020C
,
GO
,
3.00
%
,
07/01/38
.....
1,000
863,392
Series
2020C
,
GO
,
4.00
%
,
07/01/39
.....
2,620
2,650,285
Series
2022QRR
,
GO
,
5.00
%
,
07/01/39
...
1,405
1,570,466
Series
2020RYQ
,
GO
,
4.00
%
,
07/01/40
...
3,010
3,014,560
Series
2016A
,
GO
,
5.00
%
,
07/01/40
.....
4,000
4,058,551
Series
2018B-1
,
GO
,
5.25
%
,
07/01/42
....
3,075
3,240,238
Series
2023QRR
,
GO
,
5.00
%
,
07/01/43
...
4,575
5,053,472
Series
2020RYQ
,
GO
,
4.00
%
,
07/01/44
...
3,000
2,936,708
Series
2022QRR
,
GO
,
5.25
%
,
07/01/47
...
750
826,080
Series
2023QRR
,
GO
,
5.25
%
,
07/01/48
...
10,000
11,103,480
Los
Rios
Community
College
District,
Series
E,
GO,
3.00%, 08/01/24
..............
600
599,003
Manhattan
Beach
Unified
School
District,
Series
2018A,
GO,
4.00%, 09/01/46
.........
5,000
4,981,956
Marin
Community
College
District,
Series
B,
GO,
4.00%, 08/01/40
..............
2,400
2,455,632
Schedule
of
Investments
(unaudited)
(continued)
May
31,
2024
iShares
®
California
Muni
Bond
ETF
6
(Percentages
shown
are
based
on
Net
Assets)
Security
Par
(000)
Par
(000)
Value
California
(continued)
Mendocino-Lake
Community
College
District
(a)
Series
B
,
GO
,
0.00
%
,
08/01/51
(
AGM
)
...
USD
250
$
67,341
Series
B
,
GO
,
0.00
%
,
08/01/51
(
BAM
)
....
7,000
1,742,502
Menlo
Park
City
School
District,
Series
2010,
GO,
0.00%, 07/01/44
(a)
.............
435
432,351
Mesa
Water
District,
Series
2020,
COP,
5.00%, 03/15/50
.................
4,380
4,632,494
Metropolitan
Water
District
of
Southern
California
Series
2017B
,
RB
,
5.00
%
,
08/01/24
.....
1,080
1,081,775
Series
2019A
,
RB
,
5.00
%
,
07/01/25
.....
125
127,347
Series
2017A
,
RB
,
2.50
%
,
07/01/26
.....
230
222,650
Series
2019A
,
RB
,
5.00
%
,
07/01/26
.....
1,060
1,099,297
Series
2019A
,
RB
,
5.00
%
,
07/01/27
.....
790
833,540
Series
2011C
,
RB
,
5.00
%
,
10/01/27
.....
980
1,038,516
Series
2022A
,
RB
,
5.00
%
,
10/01/27
.....
175
185,449
Series
2022A
,
RB
,
5.00
%
,
10/01/29
.....
2,000
2,195,920
Series
2016A
,
RB
,
5.00
%
,
07/01/30
.....
1,000
1,027,676
Series
2022A
,
RB
,
5.00
%
,
10/01/33
.....
1,000
1,147,932
Series
2019A
,
RB
,
5.00
%
,
07/01/34
.....
2,020
2,188,641
Series
2016B-2
,
RB
,
VRDN
(
TD
Bank
NA
SBPA
),
3.80
%
,
05/30/24
(b)
..........
3,640
3,640,000
Series
2019A
,
RB
,
5.00
%
,
07/01/37
.....
1,000
1,076,821
Series
2019A
,
RB
,
5.00
%
,
07/01/38
.....
1,015
1,088,821
Series
2021A
,
RB
,
5.00
%
,
10/01/39
.....
1,680
1,863,333
Series
2020C
,
RB
,
5.00
%
,
07/01/40
.....
3,490
3,816,771
Series
2015A
,
RB
,
5.00
%
,
07/01/40
.....
1,525
1,552,482
Series
2023A
,
RB
,
5.00
%
,
04/01/48
.....
6,500
7,110,406
Series
2020A
,
RB
,
5.00
%
,
10/01/49
.....
15,915
16,862,563
Miracosta
Community
College
District,
Series
B,
GO,
4.00%, 08/01/45
..............
3,000
3,031,485
Moreno
Valley
Unified
School
District,
Series
A,
GO,
5.00%, 08/01/44
(AGM)
.........
10,000
10,189,827
Mount
Diablo
Unified
School
District,
Series
2010A,
GO,
5.75%, 08/01/35
(AGM)
.....
400
409,853
Mount
San
Antonio
Community
College
District
Series
2013A
,
GO
,
5.87
%
,
08/01/28
.....
1,000
1,096,200
Series
2013A
,
GO
,
0.00
%
,
08/01/43
(a)
....
2,235
2,136,023
Mount
San
Jacinto
Community
College
District,
Series
B,
GO,
4.00%, 08/01/43
........
5,250
5,216,082
Mountain
View-Whisman
School
District,
Series
B,
GO,
4.00%, 09/01/42
............
250
254,650
Municipal
Improvement
Corp.
of
Los
Angeles
Series
2016B
,
RB
,
5.00
%
,
11/01/29
.....
1,340
1,387,691
Series
2016B
,
RB
,
5.00
%
,
11/01/30
.....
500
517,161
Series
2016B
,
RB
,
5.00
%
,
11/01/32
.....
1,055
1,090,123
Newport
Mesa
Unified
School
District
(a)
Series
2007
,
GO
,
0.00
%
,
08/01/31
(
NPFGC
)
5,135
3,992,050
Series
2011
,
GO
,
0.00
%
,
08/01/32
......
7,000
5,275,931
Series
2011
,
GO
,
0.00
%
,
08/01/34
......
3,715
2,590,393
Series
2011
,
GO
,
0.00
%
,
08/01/35
......
2,000
1,339,728
Series
2011
,
GO
,
0.00
%
,
08/01/36
......
2,625
1,682,520
Series
2011
,
GO
,
0.00
%
,
08/01/38
......
500
290,364
Series
2017
,
GO
,
0.00
%
,
08/01/44
......
1,000
399,701
Norman
Y
Mineta
San
Jose
International
Airport
SJC,
Series
2017B,
RB,
5.00%, 03/01/47
..
2,000
2,048,256
North
Orange
County
Community
College
District
Series
C
,
GO
,
4.00
%
,
08/01/43
........
2,100
2,124,959
Series
B
,
GO
,
4.00
%
,
08/01/44
........
6,500
6,527,628
Series
C
,
GO
,
4.00
%
,
08/01/44
........
2,625
2,637,786
Ohlone
Community
College
District,
Series
C,
GO,
4.00%, 08/01/45
..............
1,250
1,237,921
Security
Par
(000)
Par
(000)
Value
California
(continued)
Orange
County
Local
Transportation
Authority
Sales
Tax
Series
2019
,
RB
,
5.00
%
,
02/15/25
......
USD
1,110
$
1,122,547
Series
2019
,
RB
,
5.00
%
,
02/15/30
......
500
542,864
Series
2019
,
RB
,
4.00
%
,
02/15/38
......
3,365
3,407,951
Series
2019
,
RB
,
5.00
%
,
02/15/41
......
1,500
1,592,062
Orange
County
Sanitation
District
Series
2021A
,
RB
,
5.00
%
,
02/01/26
.....
2,005
2,063,870
Series
2022A
,
COP
,
5.00
%
,
02/01/33
....
1,000
1,118,695
Orange
County
Water
District
Series
2019C
,
RB
,
5.00
%
,
08/15/25
.....
175
178,563
Series
2017A
,
RB
,
4.00
%
,
08/15/41
.....
1,255
1,257,202
Palomar
Community
College
District
Series
C
,
GO
,
4.00
%
,
08/01/40
........
250
251,781
Series
2017
,
GO
,
4.00
%
,
08/01/45
......
1,615
1,604,312
Series
D
,
GO
,
4.00
%
,
08/01/46
........
1,070
1,052,655
Peninsula
Corridor
Joint
Powers
Board
Measure
RR
Sales
Tax,
Series
2022A,
RB,
5.00%, 06/01/47
.................
2,025
2,175,992
Placentia-Yorba
Linda
Unified
School
District
(a)
Series
D
,
GO
,
0.00
%
,
08/01/40
........
500
256,578
Series
D
,
GO
,
0.00
%
,
08/01/42
........
200
92,257
Series
D
,
GO
,
0.00
%
,
08/01/46
........
1,300
470,758
Port
of
Los
Angeles
Series
2019B
,
RB
,
5.00
%
,
08/01/26
.....
2,030
2,107,358
Series
2016C
,
RB
,
4.00
%
,
08/01/39
.....
1,000
992,758
Series
2014B
,
RB
,
5.00
%
,
08/01/44
.....
1,100
1,100,772
Poway
Unified
School
District
(a)
Series
A
,
GO
,
0.00
%
,
08/01/27
........
2,500
2,234,074
Series
A
,
GO
,
0.00
%
,
08/01/31
........
790
611,336
Series
A
,
GO
,
0.00
%
,
08/01/32
........
450
334,573
Series
B
,
GO
,
0.00
%
,
08/01/33
........
1,650
1,177,512
Series
B
,
GO
,
0.00
%
,
08/01/34
........
7,165
4,912,330
Series
B
,
GO
,
0.00
%
,
08/01/35
........
500
328,929
Series
B
,
GO
,
0.00
%
,
08/01/36
........
1,000
628,110
Series
B
,
GO
,
0.00
%
,
08/01/38
........
755
427,993
Series
B
,
GO
,
0.00
%
,
08/01/46
........
4,445
1,554,789
Regents
of
the
University
of
California
Medical
Center
Pooled,
Series
2020O-2,
RB,
VRDN,
3.90%, 06/03/24
(b)
................
9,300
9,300,000
Rio
Hondo
Community
College
District
Series
2010C
,
GO
,
0.00
%
,
08/01/42
(a)
....
4,170
5,202,706
Riverside
Community
College
District,
Series
2019,
GO,
3.00%, 08/01/38
..........
2,040
1,761,178
Riverside
County
Public
Financing
Authority,
Series
2015,
RB,
5.25%, 11/01/45
......
500
513,614
Riverside
County
Transportation
Commission
Series
2021B-1
,
RB
,
4.00
%
,
06/01/37
....
2,384
2,399,587
Series
2021B-1
,
RB
,
4.00
%
,
06/01/38
....
2,965
2,969,015
Series
2021B-1
,
RB
,
4.00
%
,
06/01/40
....
1,100
1,081,480
Series
B
,
RB
,
0.00
%
,
06/01/41
(a)
.......
2,500
1,160,173
Series
2021B-1
,
RB
,
4.00
%
,
06/01/46
....
6,020
5,703,051
Series
2021B-1
,
RB
,
3.00
%
,
06/01/49
....
2,000
1,506,586
Riverside
County
Transportation
Commission
Sales
Tax
Series
2017B
,
RB
,
5.00
%
,
06/01/24
.....
685
685,000
Series
2017B
,
RB
,
5.00
%
,
06/01/25
.....
420
426,775
Series
2017B
,
RB
,
5.00
%
,
06/01/29
.....
1,500
1,585,708
Series
2017B
,
RB
,
5.00
%
,
06/01/30
.....
2,500
2,639,270
Series
2017B
,
RB
,
5.00
%
,
06/01/32
.....
310
325,812
Series
2017B
,
RB
,
5.00
%
,
06/01/37
.....
1,020
1,073,152
Series
2017B
,
RB
,
5.00
%
,
06/01/38
.....
1,520
1,595,357
Series
2017A
,
RB
,
5.00
%
,
06/01/39
.....
410
426,898
Series
2017B
,
RB
,
5.00
%
,
06/01/39
.....
1,000
1,047,685
Schedule
of
Investments
(unaudited)
(continued)
May
31,
2024
iShares
®
California
Muni
Bond
ETF
7
(Percentages
shown
are
based
on
Net
Assets)
Security
Par
(000)
Par
(000)
Value
California
(continued)
Riverside
Unified
School
District,
Series
B,
GO,
4.00%, 08/01/42
.................
USD
1,000
$
991,560
Sacramento
Area
Flood
Control
Agency,
Series
2016A,
5.00%, 10/01/47
............
1,000
1,022,004
Sacramento
City
Financing
Authority,
Series
E,
RB,
5.25%, 12/01/30
(AMBAC)
........
650
717,531
Sacramento
County
Sanitation
Districts
Financing
Authority
Series
2020A
,
RB
,
5.00
%
,
12/01/27
.....
750
799,692
Series
2021
,
RB
,
5.00
%
,
12/01/31
......
1,250
1,419,639
Series
2021
,
RB
,
5.00
%
,
12/01/33
......
1,270
1,439,268
Series
2020A
,
RB
,
5.00
%
,
12/01/41
.....
2,520
2,753,204
Series
2014A
,
RB
,
5.00
%
,
12/01/44
.....
1,000
1,000,057
Series
2020A
,
RB
,
5.00
%
,
12/01/50
.....
4,105
4,404,315
Sacramento
Municipal
Utility
District
Series
1997K
,
RB
,
5.25
%
,
07/01/24
(
AMBAC
)
.....................
70
70,080
Series
2017E
,
RB
,
5.00
%
,
08/15/24
.....
505
506,325
Series
2017E
,
RB
,
5.00
%
,
08/15/25
.....
805
821,485
Series
2022J
,
RB
,
5.00
%
,
08/15/25
.....
750
765,359
Series
2022J
,
RB
,
5.00
%
,
08/15/26
.....
265
274,867
Series
2021I
,
RB
,
5.00
%
,
08/15/27
......
1,000
1,055,785
Series
2019G
,
RB
,
5.00
%
,
08/15/30
.....
1,000
1,092,043
Series
2023C
,
RB
,
VRDN
(
TD
Bank
NA
SBPA
),
3.85
%
,
05/31/24
(b)
..........
5,100
5,100,000
Series
2023K
,
RB
,
5.00
%
,
08/15/44
.....
1,785
1,974,110
Series
2019B
,
RB
,
VRDN
5.00
%
,
10/15/25
(b)
1,635
1,652,962
Series
2024M
,
RB
,
5.00
%
,
11/15/49
.....
2,500
2,751,513
Series
2020H
,
RB
,
5.00
%
,
08/15/50
.....
3,340
3,548,862
Series
2023K
,
RB
,
5.00
%
,
08/15/53
.....
2,000
2,175,720
Sacramento
Transportation
Authority
Sales
Tax
Series
2023
,
RB
,
5.00
%
,
10/01/28
......
1,500
1,617,946
Series
2023
,
RB
,
5.00
%
,
10/01/29
......
2,000
2,195,920
Series
2023
,
RB
,
5.00
%
,
10/01/32
......
1,750
2,006,312
Series
2023
,
RB
,
5.00
%
,
10/01/33
......
8,265
9,600,656
Series
2023
,
RB
,
5.00
%
,
10/01/38
......
2,000
2,277,374
San
Bernardino
Community
College
District,
Series
2019A,
GO,
4.00%, 08/01/44
.....
500
512,062
San
Diego
Association
of
Governments,
Series
2019A,
RB,
5.00%, 11/15/26
.........
2,350
2,404,465
San
Diego
Association
of
Governments
South
Bay
Expressway,
Series
2017A,
RB,
5.00%, 07/01/42
.................
3,000
3,092,313
San
Diego
Community
College
District
Series
2016
,
GO
,
5.00
%
,
08/01/24
......
500
500,955
Series
2016
,
GO
,
5.00
%
,
08/01/27
......
555
576,558
Series
2016
,
GO
,
5.00
%
,
08/01/28
......
1,450
1,506,011
Series
2016
,
GO
,
5.00
%
,
08/01/30
......
650
675,031
Series
2016
,
GO
,
5.00
%
,
08/01/31
......
2,035
2,113,366
Series
2016
,
GO
,
4.00
%
,
08/01/32
......
500
508,890
Series
2016
,
GO
,
4.00
%
,
08/01/41
......
3,500
3,562,232
Series
2016
,
GO
,
5.00
%
,
08/01/41
......
6,250
6,490,681
San
Diego
County
Regional
Airport
Authority
Series
2019A
,
RB
,
5.00
%
,
07/01/35
.....
1,500
1,630,675
Series
2019A
,
RB
,
5.00
%
,
07/01/39
.....
2,000
2,144,184
Series
A
,
RB
,
5.00
%
,
07/01/42
.........
1,000
1,033,898
Series
2019A
,
RB
,
5.00
%
,
07/01/44
.....
400
421,077
Series
2021A
,
RB
,
4.00
%
,
07/01/46
.....
2,000
1,931,695
Series
2019A
,
RB
,
5.00
%
,
07/01/49
.....
400
417,083
Series
2021A
,
RB
,
5.00
%
,
07/01/51
.....
2,000
2,109,265
Series
2021A
,
RB
,
5.00
%
,
07/01/56
.....
2,000
2,097,641
San
Diego
County
Regional
Transportation
Commission
Series
2023A
,
RB
,
5.00
%
,
04/01/28
.....
1,300
1,389,733
Series
2023A
,
RB
,
5.00
%
,
04/01/30
.....
1,375
1,520,829
Security
Par
(000)
Par
(000)
Value
California
(continued)
Series
2023A
,
RB
,
5.00
%
,
04/01/35
.....
USD
1,500
$
1,731,858
Series
2016A
,
RB
,
5.00
%
,
04/01/41
.....
2,000
2,047,846
Series
2016A
,
RB
,
5.00
%
,
04/01/48
.....
2,115
2,158,740
Series
2021B
,
RB
,
5.00
%
,
04/01/48
.....
4,380
4,691,945
San
Diego
County
Water
Authority
Series
2021S-1
,
RB
,
5.00
%
,
05/01/28
....
4,730
5,044,352
Series
2021B
,
RB
,
4.00
%
,
05/01/38
.....
2,500
2,586,738
Series
2022A
,
RB
,
5.00
%
,
05/01/47
.....
2,000
2,187,811
Series
2022A
,
RB
,
5.00
%
,
05/01/52
.....
1,570
1,702,544
San
Diego
Public
Facilities
Financing
Authority
Series
2016B
,
RB
,
5.00
%
,
08/01/24
.....
1,000
1,001,795
Series
2015
,
RB
,
5.00
%
,
05/15/25
......
1,000
1,015,382
Series
2016B
,
RB
,
5.00
%
,
08/01/25
.....
310
315,923
Series
2016B
,
RB
,
5.00
%
,
08/01/27
.....
1,535
1,590,715
Series
2016A
,
RB
,
5.00
%
,
05/15/29
.....
500
515,186
Series
2018A
,
RB
,
5.00
%
,
08/01/43
.....
500
524,008
Series
A
,
RB
,
5.00
%
,
10/15/44
.........
1,000
1,011,280
Series
2023A
,
RB
,
5.25
%
,
08/01/48
.....
9,080
10,186,856
Series
2023A
,
RB
,
4.00
%
,
08/01/52
.....
1,730
1,678,496
San
Diego
Unified
School
District
Series
2024A
,
RB
,
5.00
%
,
06/28/24
.....
1,500
1,501,068
Series
2022F-2
,
GO
,
5.00
%
,
07/01/24
....
2,665
2,667,357
Series
2015R-4
,
GO
,
5.00
%
,
07/01/24
...
325
325,287
Series
2015R-4
,
GO
,
5.00
%
,
07/01/27
...
350
355,836
Series
2015R-4
,
GO
,
5.00
%
,
07/01/28
...
180
183,091
Series
2022O-2
,
GO
,
5.00
%
,
07/01/29
...
4,000
4,367,564
Series
2016R-5
,
GO
,
5.00
%
,
07/01/29
...
960
991,182
Series
2010C
,
GO
,
0.00
%
,
07/01/30
(a)
....
1,840
1,490,830
Series
R-1
,
GO
,
0.00
%
,
07/01/31
(a)
......
1,820
1,415,500
Series
SR-1
,
GO
,
4.00
%
,
07/01/31
......
500
503,747
Series
2012E
,
GO
,
0.00
%
,
07/01/32
(a)
....
3,440
2,572,392
Series
SR-1
,
GO
,
4.00
%
,
07/01/32
......
220
221,120
Series
2009-1
,
GO
,
6.00
%
,
07/01/33
.....
3,000
3,004,893
Series
2010C
,
GO
,
0.00
%
,
07/01/35
(a)
....
300
200,154
Series
2010C
,
GO
,
0.00
%
,
07/01/36
(a)
....
3,240
2,067,370
Series
2020D-2
,
GO
,
3.00
%
,
07/01/37
...
2,400
2,087,491
Series
2010C
,
GO
,
0.00
%
,
07/01/38
(a)
....
1,930
1,114,731
Series
2010C
,
GO
,
0.00
%
,
07/01/39
(a)
....
1,100
602,855
Series
2020D-2
,
GO
,
3.00
%
,
07/01/39
...
1,030
871,054
Series
R-2
,
GO
,
0.00
%
,
07/01/40
(a)
......
800
759,961
Series
R-2
,
GO
,
0.00
%
,
07/01/41
(a)
......
450
423,799
Series
2024ZR-5A
,
GO
,
5.00
%
,
07/01/41
..
1,000
1,129,041
Series
2010C
,
GO
,
0.00
%
,
07/01/42
(a)
....
215
100,129
Series
2012E
,
GO
,
0.00
%
,
07/01/42
(a)
....
1,340
1,017,052
Series
2019L
,
GO
,
4.00
%
,
07/01/44
.....
2,015
2,024,540
Series
2010C
,
GO
,
0.00
%
,
07/01/45
(a)
....
2,780
1,107,609
Series
2024ZR-5A
,
GO
,
5.00
%
,
07/01/45
(d)
1,200
1,323,565
Series
2010C
,
GO
,
0.00
%
,
07/01/46
(a)
....
500
188,843
Series
2021N-2
,
GO
,
3.00
%
,
07/01/46
...
3,000
2,385,675
Series
2024ZR-5A
,
GO
,
5.00
%
,
07/01/46
(d)
1,500
1,649,913
Series
2010C
,
GO
,
0.00
%
,
07/01/47
(a)
....
1,880
1,103,061
Series
2012E
,
GO
,
0.00
%
,
07/01/47
(a)
....
3,025
2,281,511
Series
2017I
,
GO
,
4.00
%
,
07/01/47
......
4,000
3,906,195
Series
2024ZR-5A
,
GO
,
5.00
%
,
07/01/47
(d)
1,660
1,818,607
Series
2010C
,
GO
,
0.00
%
,
07/01/48
(a)
....
1,100
992,264
Series
2023A-3
,
GO
,
5.00
%
,
07/01/48
....
13,000
14,104,289
Series
2012E
,
GO
,
0.00
%
,
07/01/49
(a)
....
4,000
1,280,166
Series
2019L
,
GO
,
4.00
%
,
07/01/49
.....
1,000
987,722
Series
2020M-2
,
GO
,
3.00
%
,
07/01/50
...
4,200
3,212,588
Series
2020D-2
,
GO
,
4.00
%
,
07/01/50
...
5,085
4,945,732
Series
2021E-2
,
GO
,
4.00
%
,
07/01/51
....
2,300
2,229,832
Series
2023G-3
,
GO
,
4.00
%
,
07/01/53
...
12,285
11,861,772
San
Dieguito
Union
High
School
District,
Series
B-2,
GO,
4.00%, 02/01/40
...........
200
196,925
Schedule
of
Investments
(unaudited)
(continued)
May
31,
2024
iShares
®
California
Muni
Bond
ETF
8
(Percentages
shown
are
based
on
Net
Assets)
Security
Par
(000)
Par
(000)
Value
California
(continued)
San
Francisco
Bay
Area
Rapid
Transit
District
Series
2015D
,
GO
,
4.00
%
,
08/01/33
.....
USD
2,250
$
2,215,416
Series
2020C-1
,
GO
,
4.00
%
,
08/01/35
...
1,000
1,025,099
Series
2020C-1
,
GO
,
3.00
%
,
08/01/36
...
4,025
3,518,040
Series
2020C-1
,
GO
,
3.00
%
,
08/01/38
...
1,625
1,385,474
Series
A-1
,
GO
,
4.00
%
,
08/01/42
.......
1,000
980,012
Series
A-1
,
GO
,
5.00
%
,
08/01/47
.......
1,015
1,047,113
Series
2019B-1
,
GO
,
3.00
%
,
08/01/49
....
3,700
2,849,628
Series
2020C-1
,
GO
,
3.00
%
,
08/01/50
...
2,600
1,984,303
San
Francisco
Bay
Area
Rapid
Transit
District
Sales
Tax
Series
2019A
,
RB
,
4.00
%
,
07/01/37
.....
1,000
1,014,316
Series
2019A
,
RB
,
4.00
%
,
07/01/38
.....
2,000
2,010,995
Series
2019A
,
RB
,
3.00
%
,
07/01/44
.....
1,200
954,336
San
Francisco
City
&
County
Airport
Comm-San
Francisco
International
Airport
Series
2016D
,
RB
,
5.00
%
,
05/01/25
.....
250
253,319
Series
2016A
,
RB
,
5.00
%
,
05/01/26
.....
1,000
1,030,968
Series
2019D
,
RB
,
5.00
%
,
05/01/31
.....
1,230
1,337,437
Series
2021-2B
,
RB
,
5.00
%
,
05/01/32
....
350
391,739
Series
2021-2B
,
RB
,
5.00
%
,
05/01/34
....
2,200
2,461,805
Series
2020-2B
,
RB
,
4.00
%
,
05/01/37
....
4,000
4,113,990
Series
2024B
,
RB
,
5.00
%
,
05/01/44
(c)
....
1,500
1,655,626
Series
B
,
RB
,
5.00
%
,
05/01/44
.........
4,625
4,637,465
Series
2016C
,
RB
,
5.00
%
,
05/01/46
.....
1,850
1,879,914
Series
2017B
,
RB
,
5.00
%
,
05/01/47
.....
1,500
1,542,875
Series
2018E
,
RB
,
5.00
%
,
05/01/48
.....
2,000
2,072,916
Series
2019B
,
RB
,
5.00
%
,
05/01/49
.....
3,000
3,131,095
Series
2024B
,
RB
,
5.00
%
,
05/01/49
(c)
....
4,180
4,529,695
Series
2019-2F
,
RB
,
5.00
%
,
05/01/50
....
745
776,733
Series
2022-2B
,
RB
,
5.00
%
,
05/01/52
....
1,500
1,600,784
San
Francisco
City
&
County
Public
Utilities
Commission
Power,
Series
2021A,
RB,
4.00%, 11/01/51
.................
2,090
2,029,347
San
Francisco
City
&
County
Public
Utilities
Commission
Wastewater
Series
2022B
,
RB
,
5.00
%
,
10/01/25
.....
2,280
2,331,549
Series
2016A
,
RB
,
5.00
%
,
10/01/27
.....
530
539,880
Series
2023A
,
RB
,
5.00
%
,
10/01/28
.....
3,195
3,439,507
Series
2023A
,
RB
,
5.00
%
,
10/01/30
.....
5,000
5,546,877
Series
2018A
,
RB
,
5.00
%
,
10/01/31
.....
1,400
1,496,478
Series
2013B
,
RB
,
4.00
%
,
10/01/42
.....
2,175
2,095,889
Series
2018A
,
RB
,
4.00
%
,
10/01/43
.....
1,000
983,597
Series
2018B
,
RB
,
5.00
%
,
10/01/43
.....
1,000
1,049,111
Series
2021A
,
RB
,
5.00
%
,
10/01/45
.....
3,485
3,772,714
Series
2021A
,
RB
,
4.00
%
,
10/01/47
.....
2,000
1,961,774
San
Francisco
Community
College
District,
Series
B,
GO,
5.25%, 06/15/49
(BAM)
(c)
...
2,500
2,734,625
San
Francisco
County
Transportation
Authority
Sales
Tax
Series
2017
,
RB
,
4.00
%
,
02/01/25
......
2,270
2,279,460
Series
2017
,
RB
,
4.00
%
,
02/01/26
......
1,480
1,497,785
San
Francisco
Municipal
Transportation
Agency
Series
2017
,
RB
,
4.00
%
,
03/01/46
......
740
726,168
Series
2021C
,
RB
,
4.00
%
,
03/01/51
.....
2,400
2,306,381
San
Joaquin
County
Transportation
Authority
Measure
K
Sales
Tax,
Series
2017,
RB,
4.00%, 03/01/41
.................
500
493,934
San
Joaquin
Hills
Transportation
Corridor
Agency
Series
1993
,
RB
,
0.00
%
,
01/01/26
(a)
.....
280
265,269
Series
1997A
,
RB
,
0.00
%
,
01/15/26
(
NPFGC
)
(a)
....................
400
375,537
RB
,
0.00
%
,
01/01/28
(a)
..............
750
665,923
Series
2021A
,
RB
,
5.00
%
,
01/15/31
.....
1,500
1,632,147
Security
Par
(000)
Par
(000)
Value
California
(continued)
Series
2021A
,
RB
,
5.00
%
,
01/15/33
.....
USD
8,830
$
9,705,000
Series
2021A
,
RB
,
4.00
%
,
01/15/34
.....
3,107
3,187,370
Series
2014A
,
RB
,
5.00
%
,
01/15/34
.....
750
757,153
Series
2014A
,
RB
,
5.00
%
,
01/15/44
.....
8,000
8,076,301
Series
2014A
,
RB
,
5.00
%
,
01/15/50
.....
8,755
8,838,502
San
Jose
Evergreen
Community
College
District
Series
B
,
GO
,
3.00
%
,
09/01/40
........
1,250
1,051,251
Series
C
,
GO
,
4.00
%
,
09/01/40
........
2,500
2,501,689
San
Jose
Financing
Authority,
Series
2022B,
RB,
5.00%, 11/01/52
..............
7,300
7,939,007
San
Jose
Unified
School
District
(a)
Series
C
,
GO
,
0.00
%
,
08/01/29
(
NPFGC
)
.
1,060
884,025
Series
C
,
GO
,
0.00
%
,
08/01/30
(
NPFGC
)
.
3,150
2,535,424
Series
C
,
GO
,
0.00
%
,
06/01/31
(
NPFGC
)
.
400
312,320
San
Juan
Unified
School
District
Series
2019N
,
GO
,
4.00
%
,
08/01/29
.....
5,000
5,055,679
Series
2022
,
GO
,
4.00
%
,
08/01/46
......
1,095
1,083,537
San
Marcos
Unified
School
District
(a)
Series
A
,
GO
,
0.00
%
,
08/01/28
........
655
565,524
Series
B
,
GO
,
0.00
%
,
08/01/38
........
565
321,794
Series
B
,
GO
,
0.00
%
,
08/01/47
........
500
176,944
Series
B
,
GO
,
0.00
%
,
08/01/51
........
1,500
442,560
San
Mateo
County
Community
College
District
Series
2006B
,
GO
,
0.00
%
,
09/01/26
(
NPFGC
)
(a)
....................
550
507,886
Series
2006B
,
GO
,
0.00
%
,
09/01/30
(
NPFGC
)
(a)
....................
4,500
3,600,024
Series
A
,
GO
,
0.00
%
,
09/01/30
(
NPFGC
)
(a)
2,000
1,600,011
Series
2006B
,
GO
,
0.00
%
,
09/01/32
(
NPFGC
)
(a)
....................
5,020
3,713,776
Series
2006B
,
GO
,
0.00
%
,
09/01/35
(
NPFGC
)
(a)
....................
3,380
2,233,670
Series
2015A
,
GO
,
5.00
%
,
09/01/45
.....
775
790,801
Series
2018B
,
GO
,
5.00
%
,
09/01/45
.....
4,475
4,718,661
San
Mateo
County
Transit
District
Sales
Tax,
Series
2020B,
RB,
VRDN
(Bank
of
America
NA
LOC),
3.80%, 05/31/24
(b)
.........
5,930
5,930,000
San
Mateo
Foster
City
Public
Financing
Authority
Series
2021B
,
RB
,
5.00
%
,
08/01/25
.....
6,415
6,533,098
Series
2019
,
RB
,
4.00
%
,
08/01/44
......
430
429,547
San
Mateo
Foster
City
School
District,
Series
A,
GO,
0.00%, 08/01/42
(a)
.............
2,235
2,347,449
San
Mateo
Union
High
School
District
(a)
Series
2011A
,
GO
,
0.00
%
,
09/01/33
.....
500
464,491
Series
2011A
,
GO
,
0.00
%
,
09/01/41
.....
1,915
1,937,426
Series
2011A
,
GO
,
0.00
%
,
07/01/51
.....
1,755
1,310,399
Santa
Barbara
Secondary
High
School
District,
Series
2011A,
GO,
0.00%, 08/01/40
(a)
....
555
280,535
Santa
Barbara
Unified
School
District
Series
A
,
GO
,
4.00
%
,
08/01/41
........
2,000
2,002,414
Series
B
,
GO
,
4.00
%
,
08/01/44
........
2,945
2,933,824
Santa
Clara
Unified
School
District
Series
2019
,
GO
,
3.00
%
,
07/01/36
......
3,370
3,007,368
Series
2019
,
GO
,
4.00
%
,
07/01/48
......
5,500
5,356,491
Santa
Clara
Valley
Transportation
Authority
Series
2023A
,
RB
,
5.00
%
,
04/01/27
.....
1,005
1,055,278
Series
2023A
,
RB
,
5.00
%
,
04/01/28
.....
1,000
1,068,653
Series
2015A
,
RB
,
5.00
%
,
04/01/34
.....
500
506,953
Series
2023A
,
RB
,
5.00
%
,
04/01/36
.....
1,000
1,153,616
Santa
Clara
Valley
Water
District
Series
A
,
RB
,
5.00
%
,
06/01/41
.........
2,825
2,876,617
Series
A
,
RB
,
5.00
%
,
06/01/46
.........
1,410
1,433,597
Schedule
of
Investments
(unaudited)
(continued)
May
31,
2024
iShares
®
California
Muni
Bond
ETF
9
(Percentages
shown
are
based
on
Net
Assets)
Security
Par
(000)
Par
(000)
Value
California
(continued)
Santa
Clara
Valley
Water
District
Safe
Clean
Water
Series
2022B
,
COP
,
5.00
%
,
12/01/26
....
USD
1,825
$
1,899,922
Series
2022A
,
RB
,
5.00
%
,
08/01/47
.....
1,000
1,081,107
Santa
Clarita
Community
College
District,
Series
2019,
GO,
3.00%, 08/01/49
......
1,660
1,266,818
Santa
Monica
Community
College
District
Series
2018A
,
GO
,
4.00
%
,
08/01/39
.....
565
568,154
Series
2018A
,
GO
,
5.00
%
,
08/01/43
.....
4,590
4,850,265
Series
2014B
,
GO
,
4.00
%
,
08/01/44
.....
1,000
1,000,360
Series
2022B
,
GO
,
5.00
%
,
08/01/45
.....
1,020
1,116,388
Series
2018A
,
GO
,
4.00
%
,
08/01/47
.....
4,485
4,464,122
Santa
Monica-Malibu
Unified
School
District
Series
B
,
GO
,
4.00
%
,
08/01/41
........
2,000
2,027,167
Series
A
,
GO
,
3.00
%
,
08/01/49
........
1,500
1,142,624
Series
B
,
GO
,
4.00
%
,
08/01/50
........
1,000
1,000,204
Sonoma
County
Junior
College
District,
Series
B,
GO,
3.00%, 08/01/41
............
1,500
1,231,296
South
San
Francisco
Unified
School
District,
Series
2016C,
GO,
4.00%, 09/01/37
.....
1,000
985,594
Southern
California
Public
Power
Authority
Series
2015C
,
RB
,
5.00
%
,
07/01/26
.....
1,070
1,079,600
Series
2023-1
,
RB
,
5.00
%
,
07/01/28
.....
2,610
2,795,314
Series
2023-1
,
RB
,
5.00
%
,
07/01/29
.....
4,000
4,344,019
Series
2023-1
,
RB
,
5.00
%
,
07/01/30
.....
3,000
3,305,390
Series
2024A
,
RB
,
5.00
%
,
07/01/34
(c)
....
2,500
2,891,315
Series
2024A
,
RB
,
5.00
%
,
07/01/35
(c)
....
2,500
2,922,534
Series
2020-3
,
RB
,
VRDN
(
Bank
of
America
NA
SBPA
),
4.07
%
,
05/30/24
(b)
.......
11,675
11,675,000
Series
2014A
,
RB
,
5.00
%
,
07/01/36
.....
4,800
4,812,937
Series
2024-1
,
RB
,
5.00
%
,
07/01/46
.....
5,000
5,526,181
Series
2024-1
,
RB
,
5.00
%
,
07/01/49
.....
3,485
3,820,905
Series
2024-1
,
RB
,
5.00
%
,
07/01/53
.....
6,000
6,552,901
Southern
California
Water
Replenishment
District
Series
2015
,
RB
,
5.00
%
,
08/01/41
......
1,000
1,014,715
Series
2015
,
RB
,
4.00
%
,
08/01/45
......
1,000
972,337
Southwestern
Community
College
District
Series
C
,
GO
,
0.00
%
,
08/01/41
(a)
.......
650
315,446
Series
D
,
GO
,
5.00
%
,
08/01/44
........
500
509,205
Series
C
,
GO
,
0.00
%
,
08/01/46
(a)
.......
1,000
355,047
Series
A
,
GO
,
4.00
%
,
08/01/47
........
2,000
1,975,843
State
of
California
GO
,
5.00
%
,
08/01/24
...............
1,565
1,567,320
GO
,
5.00
%
,
09/01/24
...............
2,990
2,997,128
Series
B
,
GO
,
5.00
%
,
09/01/24
........
1,000
1,002,384
Series
2017
,
GO
,
5.00
%
,
11/01/24
......
1,910
1,920,082
GO
,
5.00
%
,
12/01/24
...............
185
185,150
GO
,
5.00
%
,
02/01/25
...............
5
5,005
GO
,
4.00
%
,
03/01/25
...............
475
476,698
GO
,
5.00
%
,
03/01/25
...............
250
252,713
GO
,
5.00
%
,
04/01/25
...............
700
708,694
GO
,
5.00
%
,
05/01/25
...............
320
320,260
GO
,
5.00
%
,
08/01/25
...............
5,170
5,263,336
Series
B
,
GO
,
5.00
%
,
09/01/25
........
1,015
1,034,684
GO
,
5.00
%
,
09/01/25
...............
1,005
1,024,490
GO
,
5.00
%
,
10/01/25
...............
17,690
18,038,686
Series
2017
,
GO
,
4.00
%
,
11/01/25
......
240
242,031
GO
,
5.00
%
,
12/01/25
...............
5,180
5,286,043
GO
,
5.00
%
,
03/01/26
...............
1,290
1,303,127
GO
,
5.00
%
,
04/01/26
...............
7,675
7,897,527
Series
2016
,
GO
,
5.00
%
,
08/01/26
......
2,280
2,356,251
GO
,
5.00
%
,
08/01/26
...............
9,720
10,015,288
Series
C
,
GO
,
5.00
%
,
09/01/26
........
3,500
3,562,900
GO
,
5.00
%
,
09/01/26
...............
10,225
10,581,247
Security
Par
(000)
Par
(000)
Value
California
(continued)
GO
,
5.00
%
,
10/01/26
...............
USD
13,325
$
13,782,532
GO
,
5.00
%
,
10/01/26
...............
15
15,443
Series
2017
,
GO
,
5.00
%
,
11/01/26
......
2,500
2,594,237
Series
2003
,
GO
,
5.00
%
,
02/01/27
(
AMBAC
)
200
208,398
GO
,
4.00
%
,
03/01/27
...............
5,000
5,087,122
GO
,
5.00
%
,
03/01/27
...............
1,400
1,414,058
GO
,
5.00
%
,
04/01/27
...............
680
710,533
GO
,
5.00
%
,
08/01/27
...............
1,120
1,145,285
Series
C
,
GO
,
5.00
%
,
08/01/27
........
3,350
3,519,524
Series
2016
,
GO
,
5.00
%
,
08/01/27
......
760
783,432
GO
,
5.00
%
,
09/01/27
...............
5,035
5,223,482
GO
,
4.00
%
,
10/01/27
...............
1,740
1,778,458
GO
,
5.00
%
,
10/01/27
...............
6,175
6,504,559
GO
,
5.00
%
,
11/01/27
...............
9,600
10,125,824
Series
2017
,
GO
,
5.00
%
,
11/01/27
......
1,325
1,397,575
GO
,
5.00
%
,
12/01/27
...............
2,595
2,740,814
GO
,
5.00
%
,
08/01/28
...............
7,035
7,366,322
GO
,
4.00
%
,
09/01/28
...............
1,450
1,454,536
GO
,
5.00
%
,
09/01/28
...............
6,395
6,786,898
GO
,
5.00
%
,
10/01/28
...............
15,070
16,130,930
GO
,
5.00
%
,
11/01/28
...............
3,135
3,360,386
GO
,
5.00
%
,
12/01/28
...............
4,040
4,336,545
GO
,
5.00
%
,
04/01/29
...............
4,375
4,722,076
Series
2016
,
GO
,
5.00
%
,
08/01/29
......
1,920
1,979,320
GO
,
5.00
%
,
08/01/29
...............
1,000
1,046,278
GO
,
5.00
%
,
09/01/29
...............
3,245
3,349,126
GO
,
5.00
%
,
10/01/29
...............
11,115
12,044,928
GO
,
5.00
%
,
11/01/29
...............
1,500
1,633,904
GO
,
5.00
%
,
12/01/29
...............
2,405
2,623,084
GO
,
5.00
%
,
03/01/30
...............
170
186,113
GO
,
5.00
%
,
04/01/30
...............
3,175
3,460,266
GO
,
5.00
%
,
08/01/30
...............
1,545
1,630,429
Series
C
,
GO
,
5.00
%
,
08/01/30
........
100
104,614
GO
,
5.00
%
,
10/01/30
...............
2,000
2,208,301
GO
,
5.00
%
,
11/01/30
...............
9,275
10,253,177
Series
2017
,
GO
,
5.00
%
,
11/01/30
......
4,680
4,912,578
GO
,
5.00
%
,
03/01/31
...............
4,000
4,120,163
GO
,
5.00
%
,
04/01/31
...............
6,415
7,132,896
GO
,
5.25
%
,
08/01/31
...............
1,680
1,706,250
GO
,
5.00
%
,
09/01/31
...............
2,175
2,242,992
GO
,
5.00
%
,
10/01/31
...............
2,825
2,834,874
Series
2017
,
GO
,
5.00
%
,
11/01/31
......
3,000
3,149,644
GO
,
5.00
%
,
11/01/31
...............
10,500
11,479,012
GO
,
5.00
%
,
03/01/32
...............
3,900
4,272,446
GO
,
5.00
%
,
04/01/32
...............
10,405
11,659,013
GO
,
5.00
%
,
05/01/32
...............
2,000
2,001,625
GO
,
5.00
%
,
08/01/32
...............
300
302,198
Series
2007
,
GO
,
5.25
%
,
08/01/32
(
AGM
)
.
1,825
2,062,578
GO
,
5.00
%
,
09/01/32
...............
11,325
12,519,110
GO
,
3.00
%
,
10/01/32
...............
820
764,117
GO
,
5.00
%
,
10/01/32
...............
3,745
4,039,886
GO
,
5.00
%
,
11/01/32
...............
16,045
18,129,317
GO
,
5.00
%
,
12/01/32
...............
775
796,616
GO
,
5.00
%
,
03/01/33
...............
4,690
5,137,543
GO
,
5.00
%
,
04/01/33
...............
3,800
4,109,645
GO
,
5.00
%
,
08/01/33
...............
3,480
3,488,634
GO
,
4.00
%
,
09/01/33
...............
3,560
3,565,121
GO
,
5.00
%
,
09/01/33
...............
5,960
6,636,765
GO
,
4.00
%
,
10/01/33
...............
2,855
2,972,564
GO
,
5.00
%
,
10/01/33
...............
6,700
7,008,811
GO
,
5.00
%
,
03/01/34
...............
3,600
3,933,141
GO
,
4.00
%
,
09/01/34
...............
5,865
6,172,776
GO
,
5.00
%
,
09/01/34
...............
8,935
9,775,651
GO
,
3.00
%
,
10/01/34
...............
1,900
1,765,091
GO
,
4.00
%
,
10/01/34
...............
1,535
1,597,966
Schedule
of
Investments
(unaudited)
(continued)
May
31,
2024
iShares
®
California
Muni
Bond
ETF
10
(Percentages
shown
are
based
on
Net
Assets)
Security
Par
(000)
Par
(000)
Value
California
(continued)
GO
,
5.00
%
,
10/01/34
...............
USD
13,230
$
15,055,974
GO
,
3.00
%
,
11/01/34
...............
1,575
1,483,044
Series
2017
,
GO
,
4.00
%
,
11/01/34
......
3,300
3,323,668
GO
,
5.00
%
,
11/01/34
...............
1,000
1,063,604
GO
,
5.00
%
,
12/01/34
...............
1,780
1,963,987
GO
,
5.00
%
,
04/01/35
...............
1,000
1,074,145
Series
2022
,
GO
,
5.00
%
,
04/01/35
......
1,365
1,534,496
GO
,
5.00
%
,
08/01/35
...............
3,485
3,562,112
GO
,
5.00
%
,
09/01/35
...............
4,085
4,211,160
Series
2024
,
GO
,
5.00
%
,
09/01/35
......
5,000
5,746,455
GO
,
3.00
%
,
10/01/35
...............
1,850
1,706,971
GO
,
4.00
%
,
10/01/35
...............
1,735
1,796,098
GO
,
5.00
%
,
10/01/35
...............
245
252,240
GO
,
5.00
%
,
10/01/35
...............
4,755
4,875,175
GO
,
4.00
%
,
03/01/36
...............
7,150
7,363,485
GO
,
5.00
%
,
04/01/36
...............
5,000
5,004,063
GO
,
5.00
%
,
08/01/36
...............
1,890
2,003,775
GO
,
4.00
%
,
09/01/36
...............
4,000
3,946,407
GO
,
5.00
%
,
09/01/36
...............
10,000
11,164,374
GO
,
3.00
%
,
10/01/36
...............
8,000
7,298,069
GO
,
4.00
%
,
10/01/36
...............
4,225
4,333,822
GO
,
5.00
%
,
10/01/36
...............
6,055
6,854,216
GO
,
5.00
%
,
11/01/36
...............
2,510
2,667,609
Series
2017
,
GO
,
5.00
%
,
11/01/36
......
3,290
3,444,869
GO
,
4.00
%
,
03/01/37
...............
3,815
3,915,933
GO
,
5.00
%
,
08/01/37
...............
2,125
2,251,591
GO
,
4.00
%
,
09/01/37
...............
3,505
3,456,318
GO
,
5.00
%
,
09/01/37
...............
8,000
9,050,559
Series
2019
,
GO
,
3.00
%
,
10/01/37
......
1,375
1,234,892
GO
,
5.00
%
,
10/01/37
...............
3,100
3,109,312
GO
,
5.00
%
,
11/01/37
...............
7,500
8,399,773
GO
,
5.00
%
,
08/01/38
...............
2,250
2,314,739
GO
,
4.00
%
,
11/01/38
...............
3,810
3,872,771
GO
,
5.00
%
,
09/01/39
...............
7,270
8,062,929
GO
,
4.00
%
,
10/01/39
...............
1,500
1,520,293
GO
,
5.00
%
,
10/01/39
...............
2,250
2,368,950
GO
,
5.25
%
,
10/01/39
...............
4,125
4,239,951
GO
,
4.00
%
,
11/01/39
...............
2,500
2,538,551
GO
,
5.00
%
,
11/01/39
...............
3,505
3,719,997
GO
,
4.00
%
,
11/01/40
...............
1,150
1,163,119
GO
,
5.00
%
,
09/01/41
...............
16,000
17,568,670
GO
,
4.00
%
,
10/01/41
...............
8,400
8,479,066
GO
,
5.00
%
,
10/01/41
...............
2,425
2,628,586
Series
2022
,
GO
,
4.00
%
,
04/01/42
......
1,680
1,693,629
GO
,
5.00
%
,
09/01/42
...............
5,000
5,477,244
GO
,
5.00
%
,
10/01/42
...............
9,515
10,477,861
GO
,
5.00
%
,
11/01/42
...............
2,500
2,742,812
GO
,
4.00
%
,
09/01/43
...............
7,320
7,374,170
Series
2024
,
GO
,
5.00
%
,
09/01/43
......
5,000
5,526,050
GO
,
2.38
%
,
12/01/43
...............
925
638,715
GO
,
5.00
%
,
09/01/44
...............
1,000
1,105,991
GO
,
5.00
%
,
10/01/44
...............
2,330
2,334,181
GO
,
4.00
%
,
11/01/44
...............
975
936,236
GO
,
4.00
%
,
03/01/45
...............
500
486,726
GO
,
5.00
%
,
04/01/45
...............
3,145
3,306,689
GO
,
4.00
%
,
08/01/45
...............
250
243,282
GO
,
5.00
%
,
08/01/45
...............
3,400
3,435,611
GO
,
5.00
%
,
10/01/45
...............
1,145
1,253,240
GO
,
3.00
%
,
03/01/46
...............
1,000
790,108
GO
,
4.00
%
,
03/01/46
...............
5,960
5,945,236
GO
,
5.00
%
,
08/01/46
...............
6,500
6,648,258
GO
,
5.00
%
,
09/01/46
...............
1,000
1,023,645
GO
,
5.00
%
,
12/01/46
...............
2,000
2,140,913
GO
,
5.25
%
,
09/01/47
...............
2,045
2,259,636
GO
,
5.00
%
,
10/01/47
...............
3,850
3,923,336
Security
Par
(000)
Par
(000)
Value
California
(continued)
Series
2017
,
GO
,
4.00
%
,
11/01/47
......
USD
1,500
$
1,464,940
Series
2017
,
GO
,
5.00
%
,
11/01/47
......
800
826,871
GO
,
5.00
%
,
09/01/48
...............
5,000
5,475,833
GO
,
3.00
%
,
03/01/50
...............
505
388,416
GO
,
4.00
%
,
10/01/50
...............
2,500
2,443,410
GO
,
3.00
%
,
11/01/50
...............
1,500
1,150,176
GO
,
4.00
%
,
11/01/50
...............
2,425
2,332,340
GO
,
2.38
%
,
10/01/51
...............
2,000
1,220,567
GO
,
3.00
%
,
04/01/52
...............
2,000
1,531,912
GO
,
4.25
%
,
09/01/52
...............
1,310
1,316,486
GO
,
5.25
%
,
09/01/53
...............
4,000
4,423,427
State
of
California
Department
of
Water
Resources
Series
AS
,
RB
,
5.00
%
,
12/01/24
........
300
302,393
Series
AW
,
RB
,
5.00
%
,
12/01/24
.......
500
503,988
Series
AZ
,
RB
,
5.00
%
,
12/01/24
........
475
478,789
Series
BA
,
RB
,
5.00
%
,
12/01/24
........
385
388,071
Series
AS
,
RB
,
5.00
%
,
12/01/25
........
2,315
2,334,257
Series
BB
,
RB
,
5.00
%
,
12/01/25
........
240
246,457
Series
BB
,
RB
,
5.00
%
,
12/01/26
........
1,900
1,985,777
Series
AS
,
RB
,
5.00
%
,
12/01/27
........
4,060
4,089,622
Series
BB
,
RB
,
5.00
%
,
12/01/28
........
2,015
2,180,112
Series
AW
,
RB
,
5.00
%
,
12/01/28
.......
1,040
1,082,156
Series
BD
,
RB
,
5.00
%
,
12/01/31
.......
2,555
2,881,770
Series
BA
,
RB
,
5.00
%
,
12/01/32
........
2,540
2,776,570
Series
AW
,
RB
,
5.00
%
,
12/01/33
.......
1,050
1,093,386
Series
BB
,
RB
,
5.00
%
,
12/01/33
........
2,045
2,285,891
Series
BA
,
RB
,
5.00
%
,
12/01/33
........
1,500
1,638,853
Series
BD
,
RB
,
4.00
%
,
12/01/34
.......
2,005
2,103,101
Series
BD
,
RB
,
4.00
%
,
12/01/35
.......
3,000
3,129,637
Series
AW
,
RB
,
4.00
%
,
12/01/35
.......
1,000
1,007,252
Series
BA
,
RB
,
5.00
%
,
12/01/35
........
580
635,353
Sunnyvale
School
District,
Series
2015,
GO,
4.00%, 09/01/42
.................
500
498,077
Ukiah
Unified
School
District,
Series
2006,
GO,
0.00%, 08/01/28
(NPFGC)
(a)
..........
1,000
861,984
University
of
California
Series
2018O
,
RB
,
4.00
%
,
05/15/25
.....
5,490
5,526,517
Series
2017AY
,
RB
,
5.00
%
,
05/15/25
....
1,300
1,320,704
Series
2022S
,
RB
,
5.00
%
,
05/15/26
.....
1,000
1,033,752
Series
2021BH
,
RB
,
5.00
%
,
05/15/26
....
1,190
1,230,165
Series
2015AO
,
RB
,
5.00
%
,
05/15/27
....
3,155
3,198,043
Series
2015I
,
RB
,
5.00
%
,
05/15/27
......
745
755,024
Series
2023BN
,
RB
,
5.00
%
,
05/15/28
....
1,000
1,069,417
Series
2024BS
,
RB
,
5.00
%
,
05/15/28
....
2,000
2,138,835
Series
2015AO
,
RB
,
5.00
%
,
05/15/28
....
400
405,259
Series
2015I
,
RB
,
5.00
%
,
05/15/28
......
350
354,536
Series
2018O
,
RB
,
4.00
%
,
05/15/29
.....
500
515,713
Series
2022S
,
RB
,
5.00
%
,
05/15/29
.....
4,005
4,352,004
Series
2015I
,
RB
,
5.00
%
,
05/15/29
......
205
207,752
Series
2022S
,
RB
,
5.00
%
,
05/15/30
.....
3,000
3,299,202
Series
2017AY
,
RB
,
5.00
%
,
05/15/31
....
1,000
1,043,212
Series
2015I
,
RB
,
5.00
%
,
05/15/31
......
5,290
5,356,666
Series
2015I
,
RB
,
5.00
%
,
05/15/32
......
540
546,745
Series
2024BS
,
RB
,
5.00
%
,
05/15/32
....
3,000
3,390,239
Series
2015AO
,
RB
,
5.00
%
,
05/15/32
....
3,000
3,038,031
Series
2017AY
,
RB
,
4.00
%
,
05/15/33
....
4,000
4,061,305
Series
2017M
,
RB
,
5.00
%
,
05/15/33
.....
1,000
1,042,551
Series
2020BE
,
RB
,
5.00
%
,
05/15/33
....
2,000
2,200,504
Series
2023BN
,
RB
,
5.00
%
,
05/15/33
....
1,125
1,287,206
Series
2015I
,
RB
,
4.00
%
,
05/15/34
......
4,900
4,879,657
Series
2016AR
,
RB
,
5.00
%
,
05/15/34
....
1,005
1,032,735
Series
2024BS
,
RB
,
5.00
%
,
05/15/34
....
4,415
5,107,072
Series
2017AV
,
RB
,
5.00
%
,
05/15/35
....
2,500
2,607,458
Series
2016K
,
RB
,
5.00
%
,
05/15/35
.....
500
512,544
Schedule
of
Investments
(unaudited)
(continued)
May
31,
2024
iShares
®
California
Muni
Bond
ETF
11
(Percentages
shown
are
based
on
Net
Assets)
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the period
ended
May
31,
2024
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Security
Par
(000)
Par
(000)
Value
California
(continued)
Series
2023BQ
,
RB
,
5.00
%
,
05/15/35
....
USD
5,625
$
6,429,021
Series
2021Q
,
RB
,
4.00
%
,
05/15/36
.....
1,000
1,037,580
Series
2017AV
,
RB
,
5.00
%
,
05/15/36
....
1,100
1,146,160
Series
2017AY
,
RB
,
5.00
%
,
05/15/36
....
2,135
2,224,592
Series
2018AZ
,
RB
,
5.00
%
,
05/15/36
....
750
795,988
Series
2020BE
,
RB
,
4.00
%
,
05/15/37
....
1,000
1,029,796
Series
2017AY
,
RB
,
5.00
%
,
05/15/37
....
4,650
4,844,830
Series
2024BV
,
RB
,
5.00
%
,
05/15/37
....
2,500
2,878,029
Series
2024BS
,
RB
,
5.00
%
,
05/15/37
....
3,000
3,453,635
Series
2020BE
,
RB
,
5.00
%
,
05/15/38
....
1,500
1,635,267
Series
2024BV
,
RB
,
5.00
%
,
05/15/38
....
2,500
2,854,037
Series
2024BS
,
RB
,
5.00
%
,
05/15/38
....
3,000
3,424,844
Series
2021Q
,
RB
,
4.00
%
,
05/15/39
.....
2,500
2,540,409
Series
2024BV
,
RB
,
5.00
%
,
05/15/39
....
2,800
3,178,779
Series
2020BE
,
RB
,
4.00
%
,
05/15/40
....
665
671,881
Series
2021Q
,
RB
,
4.00
%
,
05/15/40
.....
2,500
2,525,048
Series
2015AO
,
RB
,
5.00
%
,
05/15/40
....
6,245
6,293,381
Series
2024BV
,
RB
,
5.00
%
,
05/15/40
....
6,615
7,455,961
Series
2023BN
,
RB
,
5.50
%
,
05/15/40
....
5,000
5,772,012
Series
2016AR
,
RB
,
5.00
%
,
05/15/41
....
970
991,636
Series
2024BV
,
RB
,
5.00
%
,
05/15/41
....
2,500
2,805,773
Series
2017AV
,
RB
,
5.00
%
,
05/15/42
....
2,405
2,488,292
Series
2022S
,
RB
,
5.00
%
,
05/15/42
.....
1,720
1,884,143
Series
2024BS
,
RB
,
5.00
%
,
05/15/42
....
3,000
3,351,725
Series
2023BN
,
RB
,
5.00
%
,
05/15/42
....
7,910
8,758,284
Series
2024BV
,
RB
,
5.00
%
,
05/15/42
....
3,500
3,910,345
Series
2017AV
,
RB
,
5.25
%
,
05/15/42
....
2,000
2,085,946
Series
2018AZ
,
RB
,
5.00
%
,
05/15/43
....
5,630
5,900,103
Series
2024BV
,
RB
,
5.00
%
,
05/15/43
....
4,000
4,453,008
Series
2023BN
,
RB
,
5.00
%
,
05/15/44
....
2,630
2,893,861
Series
2016K
,
RB
,
4.00
%
,
05/15/46
.....
3,000
2,954,495
Series
2021BH
,
RB
,
4.00
%
,
05/15/46
....
1,000
989,116
Series
2017M
,
RB
,
4.00
%
,
05/15/47
.....
250
245,365
Series
2020BE
,
RB
,
4.00
%
,
05/15/47
....
10,250
10,059,968
Series
2017M
,
RB
,
5.00
%
,
05/15/47
.....
1,165
1,201,445
Series
2013AL-3
,
RB
,
VRDN
3.80
%
,
05/30/24
(b)
...............
1,600
1,600,000
Series
2023BP-2
,
RB
,
VRDN
3.80
%
,
05/30/24
(b)
...............
10,000
10,000,000
Series
2018AZ
,
RB
,
5.00
%
,
05/15/48
....
10,250
10,685,385
Series
2017AV
,
RB
,
5.00
%
,
05/15/49
....
1,500
1,545,641
Security
Par
(000)
Par
(000)
Value
California
(continued)
Series
2019BB
,
RB
,
5.00
%
,
05/15/49
....
USD
1,500
$
1,577,224
Series
2021Q
,
RB
,
3.00
%
,
05/15/51
.....
7,000
5,367,725
Series
2021BH
,
RB
,
4.00
%
,
05/15/51
....
2,020
1,974,707
Series
2022BK
,
RB
,
5.00
%
,
05/15/52
....
5,000
5,348,914
Series
2017M
,
RB
,
5.00
%
,
05/15/52
.....
250
257,113
Series
2018O
,
RB
,
5.00
%
,
05/15/58
.....
1,000
1,037,206
Series
2018AZ
,
RB
,
5.25
%
,
05/15/58
....
500
524,248
Series
2018O
,
RB
,
5.50
%
,
05/15/58
.....
500
528,407
Upper
Santa
Clara
Valley
Joint
Powers
Authority
Series
2020A
,
RB
,
4.00
%
,
08/01/45
.....
1,100
1,075,613
Series
2020A
,
RB
,
4.00
%
,
08/01/50
.....
3,000
2,870,085
Walnut
Valley
Unified
School
District,
Series
C,
GO,
4.00%, 08/01/51
..............
2,000
1,954,779
West
Valley-Mission
Community
College
District,
Series
2015B,
GO,
4.00%, 08/01/40
250
246,623
Westminster
School
District,
Series
2013A,
GO,
0.00%, 08/01/52
(BAM)
(a)
............
6,380
4,240,133
William
S
Hart
Union
High
School
District
(a)
Series
A
,
GO
,
0.00
%
,
08/01/33
........
990
703,509
Series
B
,
GO
,
0.00
%
,
08/01/34
(
AGM
)
...
1,250
856,939
2,808,767,364
Total
Long-Term
Investments
—
99
.9
%
(Cost:
$
2,882,257,452
)
............................
2,808,767,364
Shares
Shares
Short-Term
Securities
Money
Market
Funds
—
0.0%
BlackRock
Liquidity
MuniCash
Funds:
Institutional
Shares
,
3.26
%
(e)
(f)
.........
57,438
57,444
Total
Short-Term
Securities
—
0
.0
%
(Cost:
$
57,444
)
.................................
57,444
Total
Investments
—
99
.9
%
(Cost:
$
2,882,314,896
)
............................
2,808,824,808
Other
Assets
Less
Liabilities
—
0.1
%
....................
3,302,529
Net
Assets
—
100.0%
...............................
$
2,812,127,337
(a)
Zero-coupon
bond.
(b)
Variable
rate
security.
Rate
as
of
period
end
and
maturity
is
the
date
the
principal
owed
can
be
recovered
through
demand.
(c)
When-issued
security.
(d)
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.
(e)
Affiliate
of
the
Fund.
(f)
Annualized
7-day
yield
as
of
period
end.
Affiliated
Issuer
Value
at
02/29/24
Purchases
at
Cost
Proceeds
from
Sales
Net
Realized
Gain
(Loss)
Change
in
Unrealized
Appreciation
(Depreciation)
Value
at
05/31/24
Shares
Held
at
05/31/24
Income
Capital
Gain
Distributions
from
Underlying
Funds
BlackRock
Liquidity
MuniCash
Funds:
Institutional
Shares
$
837,046
$
—
$
(
779,602
)
(a)
$
—
$
—
$
57,444
57,438
$
3,783
$
—
—
—
(a)
Represents
net
amount
purchased
(sold).
Schedule
of
Investments
(unaudited)
(continued)
May
31,
2024
iShares
®
California
Muni
Bond
ETF
12
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
the
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
Municipal
Bonds
.........................................
$
—
$
2,808,767,364
$
—
$
2,808,767,364
Short-Term
Securities
Money
Market
Funds
......................................
57,444
—
—
57,444
$
57,444
$
2,808,767,364
$
—
$
2,808,824,808
Currency
Abbreviation
USD
United
States
Dollar
Portfolio
Abbreviation
AGC
Assured
Guaranty
Corp.
AGC-ICC
Assured
Guaranty
Corp.
–
Insured
Custody
Certificate
AGM
Assured
Guaranty
Municipal
Corp.
AGM-CR
AGM
Insured
Custodial
Receipt
AMBAC
Ambac
Assurance
Corp.
BAM
Build
America
Mutual
Assurance
Co.
COP
Certificates
of
Participation
FGIC
Financial
Guaranty
Insurance
Co.
GO
General
Obligation
Bonds
LOC
Letter
of
Credit
NPFGC
National
Public
Finance
Guarantee
Corp.
NPFGC-IBC
National
Public
Finance
Guarantee
Corp.
—
Insured
Bond
Certificate
RB
Revenue
Bonds
VRDN
Variable
Rate
Demand
Notes