NPORT-EX 2 NPORT_0BMD_30752925_0524.htm

 

Schedule of Investments (unaudited) iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Par
(000)
   Value 
           
Corporate Bonds & Notes          
           
Advertising — 0.2%          
Interpublic Group of Companies Inc. (The)          
2.40%, 03/01/31 (Call 12/01/30)(a)  $2,237   $1,865,813 
4.75%, 03/30/30 (Call 12/30/29)(a)   4,654    4,518,742 
5.38%, 06/15/33 (Call 03/15/33)(a)   1,969    1,947,460 
Omnicom Group Inc.          
2.45%, 04/30/30 (Call 01/30/30)   4,038    3,455,385 
2.60%, 08/01/31 (Call 05/01/31)(a)   4,729    3,971,621 
4.20%, 06/01/30 (Call 03/01/30)   4,204    3,981,629 
         19,740,650 
Aerospace & Defense — 1.5%          
BAE Systems PLC          
1.90%, 02/15/31 (Call 11/15/30)(b)   5,866    4,734,990 
3.40%, 04/15/30 (Call 01/15/30)(b)   8,079    7,278,410 
5.25%, 03/26/31 (Call 02/26/31)(b)   2,325    2,304,795 
5.30%, 03/26/34 (Call 12/26/33)(b)   9,045    8,910,879 
Boeing Co. (The)          
2.95%, 02/01/30 (Call 11/01/29)   4,583    3,894,264 
3.60%, 05/01/34 (Call 02/01/34)   3,500    2,787,680 
3.63%, 02/01/31 (Call 11/01/30)(a)   8,289    7,207,380 
5.15%, 05/01/30 (Call 02/01/30)   26,256    25,051,536 
6.13%, 02/15/33(a)   2,405    2,397,981 
6.39%, 05/01/31 (Call 03/01/31)(b)   2,115    2,139,444 
6.53%, 05/01/34 (Call 02/01/34)(b)   14,635    14,838,693 
GE Capital Funding LLC, 4.55%, 05/15/32          
(Call 02/15/32)   3,310    3,158,059 
General Dynamics Corp.          
2.25%, 06/01/31 (Call 03/01/31)   3,083    2,587,326 
3.63%, 04/01/30 (Call 01/01/30)   6,219    5,787,323 
General Electric Co., 6.75%, 03/15/32(a)   7,347    8,020,244 
HEICO Corp., 5.35%, 08/01/33          
(Call 05/01/33)(a)   4,253    4,215,300 
L3Harris Technologies Inc.          
1.80%, 01/15/31 (Call 10/15/30)   4,299    3,452,748 
2.90%, 12/15/29 (Call 09/15/29)(a)   2,908    2,574,587 
5.25%, 06/01/31 (Call 04/01/31)(a)   4,630    4,581,392 
5.35%, 06/01/34 (Call 03/01/34)   1,745    1,722,379 
5.40%, 07/31/33 (Call 04/30/33)   9,973    9,891,733 
Lockheed Martin Corp.          
1.85%, 06/15/30 (Call 03/15/30)   2,727    2,274,236 
3.90%, 06/15/32 (Call 03/15/32)(a)   4,647    4,303,338 
4.75%, 02/15/34 (Call 11/15/33)   5,100    4,939,712 
5.25%, 01/15/33 (Call 10/15/32)(a)   5,793    5,868,976 
Northrop Grumman Corp.          
4.40%, 05/01/30 (Call 02/01/30)   4,891    4,704,890 
4.70%, 03/15/33 (Call 12/15/32)   5,880    5,655,897 
4.90%, 06/01/34 (Call 03/01/34)   3,200    3,088,820 
Northrop Grumman Systems Corp., 7.75%,          
02/15/31(a)   812    918,327 
RTX Corp.          
1.90%, 09/01/31 (Call 06/01/31)   5,931    4,719,946 
2.25%, 07/01/30 (Call 04/01/30)   5,987    5,074,387 
2.38%, 03/15/32 (Call 12/15/31)   5,935    4,827,026 
5.15%, 02/27/33 (Call 11/27/32)   7,283    7,163,947 
6.00%, 03/15/31 (Call 01/15/31)   5,980    6,209,032 
6.10%, 03/15/34 (Call 12/15/33)(a)   7,543    7,893,910 
7.50%, 09/15/29(a)   2,773    3,063,298 
         198,242,885 
Security  Par
(000)
   Value 
           
Agriculture — 1.4%        
Altria Group Inc.          
2.45%, 02/04/32 (Call 11/04/31)  $10,535   $8,467,135 
3.40%, 05/06/30 (Call 02/06/30)   4,896    4,402,211 
6.88%, 11/01/33 (Call 08/01/33)(a)   3,000    3,233,371 
Archer-Daniels-Midland Co.          
2.90%, 03/01/32 (Call 12/01/31)   4,609    3,910,162 
3.25%, 03/27/30 (Call 12/27/29)   5,851    5,294,766 
4.50%, 08/15/33 (Call 05/15/33)(a)   1,900    1,794,106 
5.94%, 10/01/32(a)   830    877,462 
BAT Capital Corp.          
2.73%, 03/25/31 (Call 12/25/30)(a)   7,409    6,227,147 
3.46%, 09/06/29 (Call 06/06/29)   3,069    2,787,328 
4.74%, 03/16/32 (Call 12/16/31)(a)   5,902    5,594,890 
4.91%, 04/02/30 (Call 01/02/30)(a)   6,026    5,852,007 
5.83%, 02/20/31 (Call 12/20/30)   3,460    3,504,557 
6.00%, 02/20/34 (Call 11/20/33)(a)   5,855    5,916,151 
6.34%, 08/02/30 (Call 06/02/30)   5,338    5,565,667 
6.42%, 08/02/33 (Call 05/02/33)(a)   7,323    7,646,521 
7.75%, 10/19/32 (Call 07/19/32)   3,617    4,083,741 
Bunge Ltd. Finance Corp., 2.75%, 05/14/31          
(Call 02/14/31)   6,299    5,359,054 
Cargill Inc.          
1.70%, 02/02/31 (Call 11/02/30)(a)(b)   3,223    2,609,698 
2.13%, 04/23/30 (Call 01/23/30)(b)   4,669    3,969,734 
2.13%, 11/10/31 (Call 08/10/31)(a)(b)   6,488    5,271,032 
4.00%, 06/22/32 (Call 03/22/32)(a)(b)   4,070    3,745,844 
4.75%, 04/24/33 (Call 01/24/33)(a)(b)   3,089    2,981,281 
5.13%, 10/11/32 (Call 07/11/32)(a)(b)   3,130    3,118,929 
Imperial Brands Finance PLC, 3.88%, 07/26/29          
(Call 04/26/29)(b)   1,805    1,673,921 
JT International Financial Services BV, 6.88%,          
10/24/32 (Call 07/24/32)(a)(b)   3,190    3,497,112 
Philip Morris International Inc.          
1.75%, 11/01/30 (Call 08/01/30)(a)   4,405    3,565,078 
2.10%, 05/01/30 (Call 02/01/30)   4,576    3,854,236 
3.38%, 08/15/29 (Call 05/15/29)   1,058    974,569 
5.13%, 02/15/30 (Call 12/15/29)(a)   12,466    12,369,354 
5.13%, 02/13/31 (Call 12/13/30)   7,050    6,938,436 
5.25%, 02/13/34 (Call 11/13/33)(a)   10,510    10,293,942 
5.38%, 02/15/33 (Call 11/15/32)   13,233    13,123,807 
5.50%, 09/07/30 (Call 07/07/30)(a)   3,845    3,881,944 
5.63%, 11/17/29 (Call 09/17/29)   7,516    7,654,531 
5.63%, 09/07/33 (Call 06/07/33)   6,140    6,190,872 
5.75%, 11/17/32 (Call 08/17/32)   8,913    9,096,528 
Viterra Finance BV          
3.20%, 04/21/31 (Call 01/21/31)(b)   3,415    2,928,147 
5.25%, 04/21/32 (Call 01/21/32)(a)(b)   1,805    1,749,622 
         190,004,893 
Airlines — 0.0%          
Southwest Airlines Co., 2.63%, 02/10/30          
(Call 11/10/29)   4,036    3,462,079 
           
Apparel — 0.3%          
NIKE Inc., 2.85%, 03/27/30 (Call 12/27/29)   9,368    8,391,451 
Ralph Lauren Corp., 2.95%, 06/15/30          
(Call 03/15/30)   4,820    4,268,475 
Tapestry Inc.          
3.05%, 03/15/32 (Call 12/15/31)(a)   3,137    2,522,257 
7.70%, 11/27/30 (Call 09/27/30)(a)   6,055    6,326,566 
7.85%, 11/27/33 (Call 08/27/33)   6,870    7,241,874 

 

1

 

 

Schedule of Investments (unaudited) (continued) iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Par
(000)
   Value 
           
Apparel (continued)          
VF Corp.          
2.95%, 04/23/30 (Call 01/23/30)(a)  $4,475   $3,617,143 
6.00%, 10/15/33(a)   460    438,265 
         32,806,031 
Auto Manufacturers — 2.6%          
American Honda Finance Corp.          
1.80%, 01/13/31(a)   3,523    2,879,038 
4.60%, 04/17/30(a)   4,420    4,317,497 
4.90%, 01/10/34(a)   3,775    3,657,020 
5.85%, 10/04/30(a)   3,104    3,214,963 
BMW U.S. Capital LLC          
1.95%, 08/12/31 (Call 05/12/31)(b)   3,347    2,701,851 
2.55%, 04/01/31 (Call 01/01/31)(a)(b)   3,265    2,783,516 
3.70%, 04/01/32 (Call 01/01/32)(a)(b)   2,700    2,442,274 
4.15%, 04/09/30 (Call 01/09/30)(b)   6,172    5,887,318 
5.15%, 08/11/33 (Call 05/11/33)(a)(b)   3,328    3,316,492 
5.15%, 04/02/34 (Call 01/02/34)(a)(b)   3,890    3,820,209 
Cummins Inc.          
1.50%, 09/01/30 (Call 06/01/30)   5,543    4,506,405 
5.15%, 02/20/34 (Call 11/20/33)(a)   2,220    2,215,588 
Daimler Trucks Finance North America LLC          
2.50%, 12/14/31(a)(b)   4,865    3,986,565 
5.38%, 01/18/34 (Call 10/18/33)(a)(b)   2,345    2,323,833 
5.50%, 09/20/33(b)   4,213    4,223,238 
Ford Holdings LLC, 9.30%, 03/01/30   775    879,104 
Ford Motor Co.          
3.25%, 02/12/32 (Call 11/12/31)   17,706    14,552,872 
6.10%, 08/19/32 (Call 05/19/32)(a)   10,840    10,810,265 
7.45%, 07/16/31   6,450    6,921,451 
9.63%, 04/22/30 (Call 01/22/30)(a)   2,045    2,369,037 
Ford Motor Credit Co. LLC          
3.63%, 06/17/31 (Call 03/17/31)(a)   5,585    4,770,959 
4.00%, 11/13/30 (Call 08/13/30)   9,715    8,611,422 
6.05%, 03/05/31 (Call 01/05/31)(a)   5,400    5,376,463 
6.13%, 03/08/34 (Call 12/08/33)   6,735    6,650,766 
7.12%, 11/07/33 (Call 08/07/33)(a)   7,835    8,263,303 
7.20%, 06/10/30 (Call 04/10/30)(a)   5,273    5,519,746 
7.35%, 03/06/30 (Call 01/06/30)   7,015    7,393,805 
General Motors Co.          
5.40%, 10/15/29 (Call 08/15/29)   8,337    8,264,319 
5.60%, 10/15/32 (Call 07/15/32)(a)   7,870    7,825,932 
General Motors Financial Co. Inc.          
2.35%, 01/08/31 (Call 10/08/30)   6,065    4,948,072 
2.70%, 06/10/31 (Call 03/10/31)   6,000    4,938,386 
3.10%, 01/12/32 (Call 10/12/31)(a)   7,496    6,277,159 
3.60%, 06/21/30 (Call 03/21/30)   6,734    6,016,981 
5.75%, 02/08/31 (Call 12/08/30)(a)   4,540    4,537,170 
5.85%, 04/06/30 (Call 02/06/30)(a)   5,105    5,148,260 
5.95%, 04/04/34 (Call 01/04/34)   8,165    8,126,599 
6.10%, 01/07/34 (Call 10/07/33)   9,165    9,228,932 
6.40%, 01/09/33 (Call 10/09/32)(a)   6,028    6,239,241 
Honda Motor Co. Ltd., 2.97%, 03/10/32          
(Call 12/10/31)(a)   5,848    5,103,519 
Hyundai Capital America          
5.40%, 01/08/31 (Call 11/08/30)(a)(b)   2,975    2,951,880 
5.70%, 06/26/30 (Call 04/26/30)(b)   3,069    3,086,203 
5.80%, 04/01/30 (Call 02/01/30)(b)   2,955    2,990,160 
6.20%, 09/21/30 (Call 07/21/30)(a)(b)   3,133    3,234,164 
6.38%, 04/08/30 (Call 01/08/30)(a)(b)   3,728    3,870,275 
Mercedes-Benz Finance North America LLC          
2.45%, 03/02/31(a)(b)   1,932    1,647,899 
Security  Par
(000)
   Value 
           
Auto Manufacturers (continued)          
2.63%, 03/10/30(b)  $3,122   $2,738,291 
3.10%, 08/15/29(a)(b)   1,228    1,118,015 
5.00%, 01/11/34(a)(b)   3,070    2,985,502 
5.05%, 08/03/33(b)   4,630    4,548,580 
8.50%, 01/18/31   9,193    10,962,471 
Nissan Motor Co. Ltd., 4.81%, 09/17/30          
(Call 06/17/30)(a)(b)   14,765    13,621,220 
PACCAR Financial Corp., 5.00%, 03/22/34(a)   1,955    1,938,595 
Stellantis Finance U.S. Inc.          
2.69%, 09/15/31 (Call 06/15/31)(a)(b)   6,307    5,247,024 
6.38%, 09/12/32 (Call 06/12/32)(a)(b)   4,378    4,618,014 
Toyota Motor Corp.          
2.36%, 03/25/31 (Call 12/25/30)(a)   2,993    2,559,768 
2.76%, 07/02/29(a)   1,977    1,801,196 
5.12%, 07/13/33 (Call 04/13/33)(a)   2,380    2,472,298 
Toyota Motor Credit Corp.          
1.65%, 01/10/31   3,386    2,729,141 
1.90%, 09/12/31(a)   3,177    2,560,141 
2.15%, 02/13/30   5,839    5,004,866 
2.40%, 01/13/32(a)   2,158    1,788,421 
3.38%, 04/01/30(a)   6,154    5,637,833 
4.45%, 06/29/29   4,151    4,046,435 
4.55%, 05/17/30   4,210    4,099,843 
4.70%, 01/12/33(a)   3,233    3,131,994 
4.80%, 01/05/34(a)   5,485    5,288,181 
5.10%, 03/21/31(a)   4,355    4,342,414 
5.55%, 11/20/30(a)   3,170    3,241,261 
Volkswagen Group of America Finance LLC          
3.75%, 05/13/30(a)(b)   3,271    3,008,477 
4.60%, 06/08/29 (Call 04/08/29)(b)   1,421    1,371,439 
5.60%, 03/22/34 (Call 12/22/33)(a)(b)   3,555    3,526,085 
5.90%, 09/12/33 (Call 06/12/33)(a)(b)   3,555    3,605,109 
6.45%, 11/16/30 (Call 09/16/30)(a)(b)   3,355    3,515,160 
         340,337,925 
Auto Parts & Equipment — 0.1%          
Aptiv PLC/Aptiv Corp., 3.25%, 03/01/32          
(Call 12/01/31)(a)   5,066    4,371,279 
Lear Corp.          
2.60%, 01/15/32 (Call 10/15/31)(a)   2,470    2,009,727 
3.50%, 05/30/30 (Call 02/28/30)(a)   2,642    2,370,296 
Magna International Inc.          
2.45%, 06/15/30 (Call 03/15/30)(a)   4,848    4,147,788 
5.50%, 03/21/33 (Call 12/21/32)(a)   3,271    3,320,462 
         16,219,552 
Banks — 23.6%          
ABN AMRO Bank NV, 3.32%, 03/13/37          
(Call 12/13/31),          
(5-year CMT + 1.900%)(a)(b)(c)   4,926    4,036,529 
AIB Group PLC, 5.87%, 03/28/35          
(Call 03/28/34),          
(1-day SOFR +1.910%)(b)(c)   4,740    4,706,747 
ANZ New Zealand International Ltd./London,          
2.55%, 02/13/30(a)(b)   3,408    2,959,475 
ASB Bank Ltd.          
2.38%, 10/22/31(a)(b)   2,850    2,314,168 
5.28%, 06/17/32 (Call 06/17/27),          
(5-year CMT + 2.250%)(a)(b)(c)   2,345    2,304,521 
Australia & New Zealand Banking Group Ltd.          
2.57%, 11/25/35 (Call 11/25/30),          
(5-year CMT + 1.700%)(b)(c)   8,201    6,699,797 
6.74%, 12/08/32(a)(b)   7,263    7,708,779 

 

2

 

 

Schedule of Investments (unaudited) (continued) iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Par
(000)
   Value 
           
Banks (continued)          
Banco Bilbao Vizcaya Argentaria SA          
6.03%, 03/13/35 (Call 03/13/34),          
(1-year CMT + 1.950%)(c)  $5,593   $5,591,375 
7.88%, 11/15/34 (Call 11/15/33),          
(1-year CMT + 3.300%)(c)   4,585    5,049,180 
Banco de Chile, 2.99%, 12/09/31          
(Call 09/09/31)(b)   980    833,968 
Banco de Credito e Inversiones SA, 2.88%, 10/14/31          
(Call 07/14/31)(a)(b)   1,430    1,203,609 
Banco Nacional de Panama, 2.50%, 08/11/30          
(Call 05/11/30)(b)   6,965    5,351,336 
Banco Santander Chile, 3.18%, 10/26/31          
(Call 07/28/31)(a)(b)   1,580    1,361,374 
Banco Santander SA          
2.75%, 12/03/30(a)   8,895    7,417,527 
2.96%, 03/25/31(a)   4,926    4,209,686 
3.23%, 11/22/32 (Call 08/22/31),          
(1-year CMT + 1.600%)(c)   5,594    4,667,264 
3.49%, 05/28/30   5,617    5,011,893 
6.35%, 03/14/34(a)   6,000    6,044,070 
6.92%, 08/08/33   11,585    12,186,274 
6.94%, 11/07/33   10,895    11,857,811 
Bangkok Bank PCL/Hong Kong          
3.47%, 09/23/36 (Call 09/23/31),          
(5-year CMT + 2.150%)(a)(b)(c)   5,125    4,271,596 
5.50%, 09/21/33 (Call 06/21/33)(a)(b)   3,535    3,520,518 
Bank of America Corp.          
1.90%, 07/23/31 (Call 07/23/30),          
(1-day SOFR + 1.530%)(c)   16,399    13,390,617 
1.92%, 10/24/31 (Call 10/24/30),
(1-day SOFR + 1.370%)(c)
   15,152    12,288,617 
2.30%, 07/21/32 (Call 07/21/31),
(1-day SOFR + 1.220%)(c)
   22,360    18,196,627 
2.48%, 09/21/36 (Call 09/21/31),
(5-year CMT + 1.200%)(c)
   12,023    9,618,347 
2.50%, 02/13/31 (Call 02/13/30),
(3-mo. SOFR + 1.252%)(c)
   20,882    17,913,173 
2.57%, 10/20/32 (Call 10/20/31),
(1-day SOFR + 1.210%)(c)
   18,965    15,644,873 
2.59%, 04/29/31 (Call 04/29/30),
(1-day SOFR + 2.150%)(c)
   17,571    15,071,370 
2.69%, 04/22/32 (Call 04/22/31),
(1-day SOFR + 1.320%)(c)
   26,433    22,215,167 
2.88%, 10/22/30 (Call 10/22/29),
(3-mo. SOFR + 1.452%)(c)
   11,079    9,789,912 
2.97%, 02/04/33 (Call 02/04/32),
(1-day SOFR + 1.330%)(c)
   22,353    18,838,539 
3.19%, 07/23/30 (Call 07/23/29),
(3-mo. SOFR + 1.442%)(c)
   14,647    13,210,540 
3.85%, 03/08/37 (Call 03/08/32),
(5-year CMT + 2.000%)(c)
   14,528    12,747,568 
4.57%, 04/27/33 (Call 04/27/32),
(1-day SOFR + 1.830%)(c)
   23,759    22,312,895 
5.02%, 07/22/33 (Call 07/22/32),
(1-day SOFR + 2.160%)(c)
   28,862    28,120,837 
5.29%, 04/25/34 (Call 04/25/33),
(1-day SOFR + 1.910%)(a)(c)
   29,113    28,661,039 
5.47%, 01/23/35 (Call 01/23/34),
(1-day SOFR + 1.650%)(a)(c)
   29,470    29,276,357 
5.87%, 09/15/34 (Call 09/15/33),
(1-day SOFR + 1.840%)(c)
   22,120    22,618,583 
Security  Par
(000)
   Value 
           
Banks (continued)          
Series N, 2.65%, 03/11/32 (Call 03/11/31),
(1-day SOFR + 1.220%)(c)
  $11,820   $9,934,150 
Bank of Montreal          
3.09%, 01/10/37 (Call 01/10/32),
(5-year CMT + 1.400%)(c)
   7,152    5,769,545 
5.51%, 06/04/31 (Call 04/04/31)   4,800    4,819,734 
Bank of New York Mellon Corp. (The)          
1.65%, 01/28/31 (Call 10/28/30)(a)   2,078    1,676,932 
1.80%, 07/28/31 (Call 04/28/31)   2,836    2,282,615 
2.50%, 01/26/32 (Call 10/26/31)(a)   2,694    2,238,842 
3.30%, 08/23/29 (Call 05/23/29)(a)   4,174    3,800,854 
4.29%, 06/13/33 (Call 06/13/32),
(1-day SOFR + 1.418%)(a)(c)
   4,380    4,096,762 
4.60%, 07/26/30 (Call 07/26/29),
(1-day SOFR + 1.755%)(c)
   2,700    2,625,644 
4.71%, 02/01/34 (Call 02/01/33),
(1-day SOFR + 1.512%)(c)
   4,293    4,098,925 
4.97%, 04/26/34 (Call 04/26/33),
(1-day SOFR + 1.606%)(c)
   5,821    5,661,129 
5.19%, 03/14/35 (Call 03/14/34),
(1-day SOFR +1.418%)(a)(c)
   7,335    7,205,436 
5.83%, 10/25/33 (Call 10/25/32),
(1-day SOFR + 2.074%)(c)
   8,667    8,939,414 
6.47%, 10/25/34 (Call 10/25/33),
(1-day SOFR + 1.845%)(c)
   6,439    6,934,838 
Bank of New Zealand, 2.87%, 01/27/32(a)(b)   1,245    1,044,412 
Bank of Nova Scotia (The)          
2.15%, 08/01/31   3,790    3,087,564 
2.45%, 02/02/32   5,026    4,120,648 
4.59%, 05/04/37 (Call 02/04/32),
(5-year CMT + 2.050%)(c)
   7,270    6,520,137 
4.85%, 02/01/30(a)   7,180    7,039,626 
5.65%, 02/01/34(a)   5,610    5,686,711 
BankUnited Inc., 5.13%, 06/11/30
(Call 03/11/30)
   1,598    1,439,674 
Barclays PLC          
2.65%, 06/24/31 (Call 06/24/30),
(1-year CMT + 1.900%)(c)
   5,707    4,810,301 
2.67%, 03/10/32 (Call 03/10/31),
(1-year CMT + 1.200%)(a)(c)
   5,573    4,619,822 
2.89%, 11/24/32 (Call 11/24/31),
(1-year CMT + 1.300%)(c)
   7,238    5,973,959 
3.56%, 09/23/35 (Call 09/23/30),
(5-year CMT + 2.900%)(c)
   5,803    4,990,067 
5.09%, 06/20/30 (Call 06/20/29),
(3-mo. LIBOR US + 3.054%)(a)(c)
   8,271    7,982,331 
5.75%, 08/09/33 (Call 08/09/32),
(1-year CMT + 3.000%)(c)
   5,827    5,819,267 
6.22%, 05/09/34 (Call 05/09/33),
(1-day SOFR + 2.980%)(c)
   12,213    12,500,983 
6.69%, 09/13/34 (Call 09/13/33),
(1-day SOFR + 2.620%)(a)(c)
   9,410    9,987,249 
7.12%, 06/27/34 (Call 06/27/33),
(1-day SOFR + 3.570%)(a)(c)
   9,320    9,867,096 
7.44%, 11/02/33 (Call 11/02/32),
(1-year CMT + 3.500%)(c)
   12,749    14,018,328 
BNP Paribas SA          
2.59%, 08/12/35 (Call 08/12/30),
(5-year CMT + 2.050%)(a)(b)(c)
   7,870    6,443,525 
2.87%, 04/19/32 (Call 04/19/31),
(1-day SOFR + 1.387%)(b)(c)
   13,422    11,289,551 

 

3

 

 

Schedule of Investments (unaudited) (continued) iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Par
(000)
   Value 
           
Banks (continued)          
3.05%, 01/13/31 (Call 01/13/30),
(1-day SOFR + 1.507%)(b)(c)
  $7,075   $6,195,087 
3.13%, 01/20/33 (Call 01/20/32),
(1-day SOFR + 1.561%)(a)(b)(c)
   7,883    6,657,713 
5.50%, 05/20/30 (Call 05/20/29),
(1-day SOFR + 1.590%)(b)(c)
   2,000    1,991,371 
5.74%, 02/20/35 (Call 02/20/34),
(1-day SOFR + 1.880%)(b)(c)
   11,045    11,012,663 
5.89%, 12/05/34 (Call 12/05/33),
(1-day SOFR + 1.866%)(b)(c)
   13,070    13,448,429 
BPCE SA          
2.28%, 01/20/32 (Call 01/20/31),
(1-day SOFR + 1.312%)(a)(b)(c)
   6,877    5,560,907 
2.70%, 10/01/29(a)(b)   4,590    4,019,234 
3.12%, 10/19/32 (Call 10/19/31),
(1-day SOFR + 1.730%)(b)(c)
   5,611    4,615,005 
3.65%, 01/14/37 (Call 01/14/32),
(5-year CMT + 1.900%)(b)(c)
   1,900    1,581,367 
5.75%, 07/19/33 (Call 07/19/32),
(1-day SOFR + 2.865%)(a)(b)(c)
   5,388    5,342,418 
5.94%, 05/30/35 (Call 05/30/34),
(1-day SOFR + 1.850%)(a)(b)(c)
   2,365    2,364,477 
6.51%, 01/18/35 (Call 01/18/34),
(1-year CMT + 2.791%)(b)(c)
   6,330    6,423,069 
7.00%, 10/19/34 (Call 10/19/33),
(1-day SOFR + 2.590%)(a)(b)(c)
   9,008    9,703,767 
CaixaBank SA, 6.84%, 09/13/34
(Call 09/13/33), (1-day SOFR + 2.770%)(b)(c)
   3,475    3,685,061 
Canadian Imperial Bank of Commerce          
3.60%, 04/07/32 (Call 03/07/32)   5,888    5,196,016 
6.09%, 10/03/33 (Call 07/03/33)   7,925    8,185,475 
Citibank NA, 5.57%, 04/30/34 (Call 03/30/34)   6,515    6,605,766 
Citigroup Inc.          
2.52%, 11/03/32 (Call 11/03/31),
(1-day SOFR + 1.177%)(c)
   10,683    8,760,839 
2.56%, 05/01/32 (Call 05/01/31),
(1-day SOFR + 1.167%)(c)
   17,947    14,920,781 
2.57%, 06/03/31 (Call 06/03/30),
(1-day SOFR + 2.107%)(c)
   20,830    17,772,191 
2.67%, 01/29/31 (Call 01/29/30),
(1-day SOFR + 1.146%)(c)
   13,659    11,826,040 
2.98%, 11/05/30 (Call 11/05/29),
(1-day SOFR + 1.422%)(c)
   13,355    11,835,663 
3.06%, 01/25/33 (Call 01/25/32),
(1-day SOFR + 1.351%)(c)
   19,240    16,244,909 
3.79%, 03/17/33 (Call 03/17/32),
(1-day SOFR + 1.939%)(c)
   18,405    16,355,248 
4.41%, 03/31/31 (Call 03/31/30),
(1-day SOFR + 3.914%)(a)(c)
   23,739    22,541,784 
4.91%, 05/24/33 (Call 05/24/32),
(1-day SOFR + 2.086%)(c)
   14,823    14,214,742 
5.83%, 02/13/35 (Call 02/13/34),
(1-day SOFR + 2.056%)(c)
   14,859    14,706,108 
5.88%, 02/22/33(a)   3,076    3,150,543 
6.00%, 10/31/33(a)   4,135    4,258,781 
6.17%, 05/25/34 (Call 05/25/33),
(1-day SOFR + 2.661%)(c)
   18,748    19,039,719 
6.27%, 11/17/33 (Call 11/17/32),
(1-day SOFR + 2.338%)(a)(c)
   16,460    17,257,454 
6.63%, 06/15/32   6,199    6,599,477 
Security  Par
(000)
   Value 
           
Banks (continued)          
Citizens Financial Group Inc.          
2.50%, 02/06/30 (Call 11/06/29)  $1,687   $1,422,834 
2.64%, 09/30/32 (Call 07/02/32)   1,970    1,499,615 
3.25%, 04/30/30 (Call 01/30/30)(a)   4,071    3,555,529 
5.64%, 05/21/37 (Call 05/21/32),
(5-year CMT + 2.750%)(c)
   2,210    2,041,694 
6.65%, 04/25/35 (Call 04/25/34),
(1-day SOFR +2.325%)(c)
   4,865    4,991,507 
Comerica Bank, 5.33%, 08/25/33
(Call 08/25/32), (1-day SOFR + 2.610%)(c)
   2,073    1,844,039 
Commonwealth Bank of Australia          
1.88%, 09/15/31(a)(b)   4,113    3,342,304 
2.69%, 03/11/31(a)(b)   8,550    7,053,440 
3.61%, 09/12/34 (Call 09/12/29),
(5-year CMT + 2.050%)(b)(c)
   6,505    5,837,382 
3.78%, 03/14/32(b)   6,895    6,019,367 
5.84%, 03/13/34(a)(b)   5,925    5,919,367 
Cooperatieve Rabobank UA, 3.76%, 04/06/33
(Call 04/06/32), (1-year CMT + 1.420%)(b)(c)
   5,608    4,967,387 
Credit Agricole SA          
3.25%, 01/14/30(a)(b)   6,567    5,802,623 
5.37%, 03/11/34(b)   5,425    5,367,455 
5.51%, 07/05/33(a)(b)   5,735    5,804,368 
6.25%, 01/10/35 (Call 01/10/34),
(1-day SOFR + 2.670%)(b)(c)
   9,475    9,591,730 
Deutsche Bank AG/New York          
3.04%, 05/28/32 (Call 05/28/31),
(1-day SOFR + 1.718%)(c)
   5,390    4,520,177 
3.55%, 09/18/31 (Call 09/18/30),
(1-day SOFR + 3.043%)(c)
   8,565    7,533,696 
3.73%, 01/14/32 (Call 10/14/30),
(1-day SOFR + 2.757%)(c)
   7,305    6,155,315 
3.74%, 01/07/33 (Call 10/07/31),
(1-day SOFR + 2.257%)(a)(c)
   7,190    5,945,976 
5.88%, 07/08/31 (Call 04/08/30),
(1-day SOFR + 5.438%)(a)(c)
   2,700    2,642,401 
7.08%, 02/10/34 (Call 11/10/32),
(1-day SOFR + 3.650%)(c)
   8,605    8,839,905 
Discover Bank, 2.70%, 02/06/30 (Call 11/06/29)   2,573    2,191,707 
Fifth Third Bancorp          
4.34%, 04/25/33 (Call 04/25/32),
(1-day SOFR + 1.660%)(a)(c)
   3,378    3,073,619 
4.77%, 07/28/30 (Call 07/28/29),
(1-day SOFR + 2.127%)(c)
   5,435    5,224,179 
5.63%, 01/29/32 (Call 01/29/31),
(1-day SOFR + 1.840%)(c)
   4,310    4,271,165 
First Horizon Bank, 5.75%, 05/01/30
(Call 02/01/30)(a)
   2,144    2,035,721 
Goldman Sachs Capital I, 6.35%, 02/15/34   1,545    1,594,672 
Goldman Sachs Group Inc. (The)
1.99%, 01/27/32 (Call 01/27/31),
          
(1-day SOFR + 1.090%)(a)(c)   15,756    12,715,723 
2.38%, 07/21/32 (Call 07/21/31),
(1-day SOFR + 1.248%)(c)
   25,289    20,641,904 
2.60%, 02/07/30 (Call 11/07/29)   13,516    11,771,835 
2.62%, 04/22/32 (Call 04/22/31),
(1-day SOFR + 1.281%)(c)
   22,914    19,124,734 
2.65%, 10/21/32 (Call 10/21/31),
(1-day SOFR + 1.264%)(c)
   19,290    15,977,234 
3.10%, 02/24/33 (Call 02/24/32),
(1-day SOFR + 1.410%)(c)
   25,213    21,398,467 

 

4

 

 

Schedule of Investments (unaudited) (continued) iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Par
(000)
   Value 
           
Banks (continued)          
3.80%, 03/15/30 (Call 12/15/29)  $16,519   $15,340,604 
5.85%, 04/25/35 (Call 04/25/34),
(1-day SOFR + 1.552%)(a)(c)
   17,800    18,178,657 
6.13%, 02/15/33   6,139    6,480,164 
6.56%, 10/24/34 (Call 10/24/33),
(1-day SOFR + 1.950%)(a)(c)
   8,170    8,761,379 
HBOS PLC, 6.00%, 11/01/33(b)   435    420,458 
HSBC Capital Funding Dollar 1 LP, 10.18%,
(Call 06/30/30),
(3-mo. LIBOR US + 4.980%)(b)(c)(d)
   4,645    5,618,991 
HSBC Holdings PLC          
2.36%, 08/18/31 (Call 08/18/30),
(1-day SOFR + 1.947%)(c)
   9,306    7,727,363 
2.80%, 05/24/32 (Call 05/24/31),
(1-day SOFR + 1.187%)(c)
   17,735    14,861,194 
2.85%, 06/04/31 (Call 06/04/30),
(1-day SOFR + 2.387%)(c)
   8,830    7,591,577 
2.87%, 11/22/32 (Call 11/22/31),
(1-day SOFR + 1.410%)(a)(c)
   10,512    8,753,917 
3.97%, 05/22/30 (Call 05/22/29),
(3-mo. SOFR + 1.872%)(c)
   4,877    4,540,549 
4.76%, 03/29/33 (Call 03/29/32),
(1-day SOFR + 2.530%)(a)(c)
   11,798    10,908,685 
4.95%, 03/31/30   15,743    15,415,283 
5.40%, 08/11/33 (Call 08/11/32),
(1-day SOFR + 2.870%)(c)
   14,942    14,755,460 
5.72%, 03/04/35 (Call 03/04/34),
(1-day SOFR + 1.780%)(a)(c)
   7,645    7,688,719 
5.73%, 05/17/32 (Call 05/17/31),
(1-day SOFR + 1.520%)(c)
   10,165    10,195,553 
6.25%, 03/09/34 (Call 03/09/33),
(1-day SOFR + 2.390%)(c)
   13,381    13,933,415 
6.55%, 06/20/34 (Call 06/20/33),
(1-day SOFR + 2.980%)(a)(c)
   11,820    12,227,765 
7.40%, 11/13/34 (Call 11/13/33),
(1-day SOFR + 3.020%)(c)
   11,800    12,818,661 
7.63%, 05/17/32(a)   1,595    1,779,109 
8.11%, 11/03/33 (Call 11/03/32),
(1-day SOFR + 4.250%)(c)
   11,912    13,503,670 
Huntington Bancshares Inc./Ohio          
2.49%, 08/15/36 (Call 08/15/31),
(5-year CMT + 1.170%)(c)
   2,866    2,164,692 
2.55%, 02/04/30 (Call 11/04/29)   3,992    3,386,584 
5.02%, 05/17/33 (Call 05/17/32),
(1-day SOFR + 2.050%)(c)
   2,513    2,372,576 
5.71%, 02/02/35 (Call 02/02/34),
(1-day SOFR + 1.870%)(c)
   5,335    5,241,402 
Huntington National Bank (The), 5.65%,
01/10/30 (Call 11/10/29)
   4,920    4,921,537 
ING Groep NV          
2.73%, 04/01/32 (Call 04/01/31),
(1-day SOFR + 1.316%)(c)
   4,012    3,379,444 
4.25%, 03/28/33 (Call 03/28/32),
(1-day SOFR + 2.070%)(a)(c)
   5,620    5,195,408 
5.55%, 03/19/35 (Call 03/19/34),
(1-day SOFR + 1.770%)(a)(c)
   6,295    6,232,942 
6.11%, 09/11/34 (Call 09/11/33),
(1-day SOFR + 2.090%)(c)
   7,840    8,085,058 
Intercorp Peru Ltd., 3.88%, 08/15/29
(Call 05/15/29)(a)(b)
   1,020    905,421 
Security  Par
(000)
   Value 
           
Banks (continued)          
Intesa Sanpaolo SpA          
6.63%, 06/20/33(b)  $7,560   $7,818,566 
7.20%, 11/28/33(b)   9,100    9,785,330 
8.25%, 11/21/33 (Call 11/21/32),
(1-year CMT + 4.400%)(b)(c)
   7,353    8,175,362 
Series NR, 4.00%, 09/23/29(b)   50    45,908 
JPMorgan Chase & Co.          
1.76%, 11/19/31 (Call 11/19/30),
(3-mo. SOFR + 1.105%)(c)
   8,541    6,889,702 
1.95%, 02/04/32 (Call 02/04/31),
(1-day SOFR + 1.065%)(a)(c)
   17,785    14,396,479 
2.52%, 04/22/31 (Call 04/22/30),
(1-day SOFR + 2.040%)(c)
   16,999    14,602,815 
2.55%, 11/08/32 (Call 11/08/31),
(1-day SOFR + 1.180%)(c)
   18,043    14,914,194 
2.58%, 04/22/32 (Call 04/22/31),
(3-mo. SOFR + 1.250%)(a)(c)
   20,857    17,506,964 
2.74%, 10/15/30 (Call 10/15/29),
(3-mo. SOFR + 1.510%)(c)
   22,085    19,426,270 
2.96%, 05/13/31 (Call 05/13/30),
(3-mo. SOFR + 2.515%)(c)
   17,878    15,554,802 
2.96%, 01/25/33 (Call 01/25/32),
(1-day SOFR + 1.260%)(c)
   20,801    17,624,050 
4.49%, 03/24/31 (Call 03/24/30),
(3-mo. SOFR + 3.790%)(a)(c)
   18,102    17,384,264 
4.57%, 06/14/30 (Call 06/14/29),
(1-day SOFR + 1.750%)(c)
   12,246    11,842,857 
4.59%, 04/26/33 (Call 04/26/32),
(1-day SOFR + 1.800%)(c)
   14,481    13,707,474 
4.91%, 07/25/33 (Call 07/25/32),
(1-day SOFR + 2.080%)(c)
   26,582    25,760,904 
5.34%, 01/23/35 (Call 01/23/34),
(1-day SOFR + 1.620%)(c)
   17,391    17,195,424 
5.35%, 06/01/34 (Call 06/01/33),
(1-day SOFR + 1.845%)(c)
   26,235    26,024,937 
5.72%, 09/14/33 (Call 09/14/32),
(1-day SOFR + 2.580%)(a)(c)
   20,656    20,891,706 
5.77%, 04/22/35 (Call 04/22/34),
(1-day SOFR +1.490%)(c)
   15,235    15,563,546 
6.25%, 10/23/34 (Call 10/23/33),
(1-day SOFR + 1.810%)(c)
   17,410    18,371,400 
8.75%, 09/01/30   2,755    3,216,249 
KBC Group NV, 6.32%, 09/21/34
(Call 09/21/33),
(1-year CMT + 2.050%)(a)(b)(c)
   5,835    6,034,027 
KeyBank NA, 5.00%, 01/26/33 (Call 10/26/32)   5,798    5,320,222 
KeyBank NA/Cleveland OH, 4.90%, 08/08/32(a)   4,295    3,800,533 
KeyCorp          
2.55%, 10/01/29(a)   4,165    3,514,837 
4.79%, 06/01/33 (Call 06/01/32),
(1-day SOFR + 2.060%)(a)(c)
   4,398    4,005,037 
6.40%, 03/06/35 (Call 03/06/34),
(1-day SOFR + 2.420%)(c)
   2,545    2,562,063 
KKR Group Finance Co. XII LLC, 4.85%,
05/17/32 (Call 02/17/32)(a)(b)
   5,305    5,085,847 
Kookmin Bank, 2.50%, 11/04/30(b)   980    811,393 
Lloyds Banking Group PLC          
4.98%, 08/11/33 (Call 08/11/32),
(1-year CMT + 2.300%)(c)
   7,225    6,917,856 
5.68%, 01/05/35 (Call 01/05/34),
(1-year CMT + 1.750%)(a)(c)
   11,710    11,669,495 

 

5

 

 

Schedule of Investments (unaudited) (continued) iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Par
(000)
   Value 
           
Banks (continued)          
7.95%, 11/15/33 (Call 08/15/32),
(1-year CMT + 3.750%)(c)
  $5,905   $6,609,104 
M&T Bank Corp.          
5.05%, 01/27/34 (Call 01/27/33),
(1-day SOFR + 1.850%)(c)
   6,293    5,790,178 
6.08%, 03/13/32 (Call 03/13/31),
(1-day SOFR +2.260%)(c)
   985    976,965 
Macquarie Bank Ltd.          
3.05%, 03/03/36 (Call 03/03/31),
(5-year CMT + 1.700%)(b)(c)
   4,893    4,062,377 
3.62%, 06/03/30(a)(b)   4,083    3,626,326 
6.80%, 01/18/33(a)(b)   5,713    6,002,366 
Macquarie Group Ltd.          
2.69%, 06/23/32 (Call 06/23/31),
(1-day SOFR + 1.440%)(a)(b)(c)
   5,895    4,854,874 
2.87%, 01/14/33 (Call 01/14/32),
(1-day SOFR + 1.532%)(b)(c)
   7,103    5,839,898 
4.44%, 06/21/33 (Call 06/21/32),
(1-day SOFR + 2.405%)(a)(b)(c)
   3,525    3,238,280 
5.49%, 11/09/33 (Call 11/09/32),
(1-day SOFR + 2.865%)(a)(b)(c)
   4,835    4,773,914 
5.89%, 06/15/34 (Call 06/15/33),
(1-day SOFR + 2.380%)(a)(b)(c)
   4,795    4,834,156 
6.26%, 12/07/34 (Call 12/07/33),
(1-day SOFR + 2.303%)(a)(b)(c)
   6,255    6,463,406 
Mitsubishi UFJ Financial Group Inc.          
2.05%, 07/17/30   6,979    5,792,465 
2.31%, 07/20/32 (Call 07/20/31),
(1-year CMT + 0.950%)(c)
   10,345    8,482,409 
2.49%, 10/13/32 (Call 10/13/31),
(1-year CMT + 0.970%)(c)
   4,332    3,571,664 
2.56%, 02/25/30(a)   6,704    5,801,273 
2.85%, 01/19/33 (Call 01/19/32),
(1-year CMT + 1.100%)(c)
   5,755    4,846,321 
3.20%, 07/18/29   5,717    5,188,692 
4.32%, 04/19/33 (Call 04/19/32),
(1-year CMT + 1.550%)(a)(c)
   3,975    3,707,191 
5.13%, 07/20/33 (Call 07/20/32),
(1-year CMT + 2.125%)(c)
   8,743    8,596,239 
5.41%, 04/19/34 (Call 04/19/33),
(1-year CMT + 1.970%)(a)(c)
   5,791    5,820,423 
5.43%, 04/17/35 (Call 04/17/34),
(1-year CMT + 1.000%)(c)
   10,170    10,117,674 
5.44%, 02/22/34 (Call 02/22/33),
(1-year CMT + 1.630%)(a)(c)
   7,158    7,210,360 
5.47%, 09/13/33 (Call 09/13/32),
(1-year CMT + 2.125%)(a)(c)
   4,360    4,387,845 
5.48%, 02/22/31 (Call 02/22/30),
(1-year CMT + 1.530%)(a)(c)
   2,825    2,837,980 
Mizuho Financial Group Inc.          
1.98%, 09/08/31 (Call 09/08/30),
(3-mo. SOFR + 1.532%)(c)
   4,645    3,774,351 
2.17%, 05/22/32 (Call 05/22/31),
(1-year CMT + 0.870%)(c)
   3,401    2,743,279 
2.20%, 07/10/31 (Call 07/10/30),
(3-mo. SOFR + 1.772%)(c)
   5,754    4,766,297 
2.26%, 07/09/32 (Call 07/09/31),
(1-year CMT + 0.900%)(a)(c)
   3,230    2,615,954 
2.56%, 09/13/31   6,103    4,963,967 
2.59%, 05/25/31 (Call 05/25/30),
(3-mo. SOFR + 1.332%)(a)(c)
   2,703    2,303,143 
Security  Par
(000)
   Value 
           
Banks (continued)          
2.87%, 09/13/30 (Call 09/13/29),
(3-mo. SOFR + 1.572%)(c)
  $2,774   $2,442,516 
3.15%, 07/16/30 (Call 07/16/29),
(3-mo. SOFR + 1.392%)(c)
   4,227    3,791,388 
3.26%, 05/22/30 (Call 05/22/29),
(1-year CMT + 1.250%)(c)
   3,300    2,987,263 
5.38%, 05/26/30 (Call 05/26/29),
(1-year CMT + 1.120%)(c)
   2,825    2,813,907 
5.58%, 05/26/35 (Call 05/26/34),
(1-year CMT + 1.300%)(c)
   4,165    4,145,850 
5.67%, 09/13/33 (Call 09/13/32),
(1-year CMT + 2.400%)(c)
   4,058    4,090,531 
5.74%, 05/27/31 (Call 05/27/30),
(1-year CMT + 1.650%)(a)(c)
   3,950    3,998,742 
5.75%, 05/27/34 (Call 05/27/33),
(1-year CMT + 1.800%)(a)(c)
   5,508    5,584,691 
5.75%, 07/06/34 (Call 07/06/33),
(1-year CMT + 1.900%)(c)
   6,705    6,808,467 
Morgan Stanley          
1.79%, 02/13/32 (Call 02/13/31),
(1-day SOFR + 1.034%)(c)
   17,171    13,672,284 
1.93%, 04/28/32 (Call 04/28/31),
(1-day SOFR + 1.020%)(c)
   15,210    12,151,746 
2.24%, 07/21/32 (Call 07/21/31),
(1-day SOFR + 1.178%)(c)
   22,843    18,523,945 
2.48%, 09/16/36 (Call 09/16/31),
(1-day SOFR + 1.360%)(c)
   18,355    14,472,038 
2.51%, 10/20/32 (Call 10/20/31),
(1-day SOFR + 1.200%)(c)
   15,572    12,788,254 
2.70%, 01/22/31 (Call 01/22/30),
(1-day SOFR + 1.143%)(c)
   19,952    17,364,104 
2.94%, 01/21/33 (Call 01/21/32),
(1-day SOFR + 1.290%)(c)
   14,942    12,584,244 
3.62%, 04/01/31 (Call 04/01/30),
(1-day SOFR + 3.120%)(c)
   12,174    11,112,369 
4.89%, 07/20/33 (Call 07/20/32),
(1-day SOFR + 2.076%)(c)
   11,818    11,324,115 
5.25%, 04/21/34 (Call 04/21/33),
(1-day SOFR + 1.870%)(c)
   18,998    18,567,063 
5.30%, 04/20/37 (Call 04/20/32),
(1-day SOFR + 2.620%)(c)
   11,820    11,303,828 
5.42%, 07/21/34 (Call 07/21/33),
(1-day SOFR + 1.880%)(c)
   15,100    14,943,564 
5.47%, 01/18/35 (Call 01/18/34),
(1-day SOFR + 1.730%)(c)
   18,585    18,451,433 
5.83%, 04/19/35 (Call 04/19/34),
(1-day SOFR +1.580%)(c)
   10,815    11,031,030 
5.94%, 02/07/39 (Call 02/07/34),
(5-year CMT + 1.800%)(c)
   8,715    8,627,848 
5.95%, 01/19/38 (Call 01/19/33),
(5-year CMT + 2.430%)(c)
   11,655    11,571,066 
6.34%, 10/18/33 (Call 10/18/32),
(1-day SOFR + 2.560%)(a)(c)
   17,580    18,587,345 
6.63%, 11/01/34 (Call 11/01/33),
(1-day SOFR + 2.050%)(c)
   12,380    13,313,002 
7.25%, 04/01/32   6,119    6,915,522 
National Australia Bank Ltd.          
2.33%, 08/21/30(b)   8,450    6,926,706 
2.99%, 05/21/31(b)   6,955    5,831,210 
3.35%, 01/12/37 (Call 01/12/32),
(5-year CMT + 1.7000%)(b)(c)
   6,405    5,373,082 

 

6

 

 

Schedule of Investments (unaudited) (continued) iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Par
(000)
   Value 
           
Banks (continued)          
3.93%, 08/02/34 (Call 08/02/29),
(5-year CMT + 1.880%)(b)(c)
  $8,178   $7,489,429 
4.95%, 01/10/34(a)(b)   4,655    4,566,926 
6.43%, 01/12/33(b)   7,258    7,561,603 
NatWest Group PLC          
3.03%, 11/28/35 (Call 08/28/30),
(5-year CMT + 2.350%)(c)
   3,872    3,246,809 
4.45%, 05/08/30 (Call 05/08/29),
(3-mo. LIBOR US + 1.871%)(c)
   7,127    6,781,387 
5.78%, 03/01/35 (Call 03/01/34),
(1-year CMT + 1.500%)(a)(c)
   9,835    9,841,565 
6.02%, 03/02/34 (Call 03/02/33),
(1-year CMT + 2.100%)(a)(c)
   5,883    6,014,376 
Norinchukin Bank (The)          
2.08%, 09/22/31(a)(b)   8,090    6,421,679 
5.07%, 09/14/32(a)(b)   1,485    1,437,584 
Northern Trust Corp.          
1.95%, 05/01/30 (Call 02/01/30)   5,940    5,012,344 
3.15%, 05/03/29 (Call 02/03/29)   390    358,679 
6.13%, 11/02/32 (Call 08/02/32)(a)   5,873    6,093,172 
PNC Bank NA, 2.70%, 10/22/29   3,988    3,470,749 
PNC Financial Services Group Inc. (The)          
2.31%, 04/23/32 (Call 04/23/31),
(1-day SOFR + 0.979%)(a)(c)
   5,480    4,514,205 
2.55%, 01/22/30 (Call 10/24/29)   11,354    9,870,123 
4.63%, 06/06/33 (Call 06/06/32),
(1-day SOFR + 1.850%)(c)
   5,273    4,890,259 
5.07%, 01/24/34 (Call 01/24/33),
(1-day SOFR + 1.933%)(c)
   9,303    8,931,052 
5.68%, 01/22/35 (Call 01/22/34),
(1-day SOFR + 1.902%)(c)
   9,165    9,165,349 
5.94%, 08/18/34 (Call 08/18/33),
(1-day SOFR + 1.946%)(a)(c)
   5,131    5,225,902 
6.04%, 10/28/33 (Call 10/28/32),
(1-day SOFR + 2.140%)(a)(c)
   9,188    9,428,815 
6.88%, 10/20/34 (Call 10/20/33),
(1-day SOFR + 2.284%)(c)
   13,580    14,718,118 
Royal Bank of Canada          
2.30%, 11/03/31(a)   8,797    7,244,382 
3.88%, 05/04/32   5,703    5,196,627 
5.00%, 02/01/33(a)   11,306    11,087,519 
5.00%, 05/02/33(a)   6,001    5,910,771 
5.15%, 02/01/34(a)   8,187    8,072,382 
Santander Holdings USA Inc.          
6.34%, 05/31/35 (Call 05/31/34),
(1-day SOFR + 2.138%)(c)
   1,945    1,947,166 
7.66%, 11/09/31 (Call 11/09/30),
(1-day SOFR + 3.280%)(c)
   3,301    3,567,590 
Santander U.K. Group Holdings PLC, 2.90%,
03/15/32 (Call 03/15/31),
(1-day SOFR + 1.475%)(c)
   2,525    2,114,905 
Shinhan Bank Co. Ltd.          
4.38%, 04/13/32(b)   835    764,336 
5.75%, 04/15/34(b)   2,140    2,119,906 
Societe Generale SA          
2.89%, 06/09/32 (Call 06/09/31),
(1-year CMT + 1.300%)(b)(c)
   7,164    5,892,130 
3.00%, 01/22/30(b)   6,692    5,791,887 
3.34%, 01/21/33 (Call 01/21/32),
(1-year CMT + 1.600%)(b)(c)
   5,611    4,691,708 
Security  Par
(000)
   Value 
           
Banks (continued)          
3.65%, 07/08/35 (Call 07/08/30),
(5-year CMT + 3.000%)(b)(c)
  $1,690   $1,433,684 
6.07%, 01/19/35 (Call 01/19/34),
(1-year CMT + 2.100%)(b)(c)
   8,150    8,150,630 
6.22%, 06/15/33 (Call 06/15/32),
(1-year CMT + 3.200%)(a)(b)(c)
   7,678    7,671,411 
6.69%, 01/10/34 (Call 01/10/33),
(1-year CMT + 2.950%)(b)(c)
   8,700    9,086,854 
Standard Chartered Bank, 8.00%, 05/30/31(a)(b)   1,995    2,160,321 
Standard Chartered PLC          
2.68%, 06/29/32 (Call 06/29/31),
(1-year CMT + 1.200%)(b)(c)
   7,195    5,875,002 
3.27%, 02/18/36 (Call 11/18/30),
(5-year CMT + 2.300%)(b)(c)
   6,420    5,400,318 
3.60%, 01/12/33 (Call 01/12/32),
(1-year CMT + 1.900%)(b)(c)
   4,660    3,926,101 
4.31%, 05/21/30 (Call 05/21/29),
(3-mo. LIBOR US + 1.910%)(a)(b)(c)
   4,371    4,104,675 
4.64%, 04/01/31 (Call 04/01/30),
(1-year CMT + 3.850%)(a)(b)(c)
   11,198    10,625,521 
5.91%, 05/14/35 (Call 05/14/34),
(1-year CMT + 1.450%)(b)(c)
   6,850    6,842,284 
6.10%, 01/11/35 (Call 01/11/34),
(1-year CMT + 2.100%)(a)(b)(c)
   9,590    9,788,321 
6.30%, 07/06/34 (Call 07/06/33),
(1-year CMT + 2.580%)(a)(b)(c)
   6,508    6,744,019 
State Street Corp.          
2.20%, 03/03/31   4,679    3,882,515 
2.40%, 01/24/30(a)   5,061    4,434,894 
2.62%, 02/07/33 (Call 02/07/32),
(1-day SOFR + 1.002%)(c)
   3,018    2,514,562 
3.03%, 11/01/34 (Call 11/01/29),
(1-day SOFR + 1.490%)(c)
   3,292    2,886,653 
3.15%, 03/30/31 (Call 03/30/30),
(1-day SOFR + 2.650%)(c)
   2,552    2,293,046 
4.16%, 08/04/33 (Call 08/04/32),
(1-day SOFR + 1.726%)(c)
   4,356    4,008,962 
4.42%, 05/13/33 (Call 05/13/32),
(1-day SOFR + 1.605%)(c)
   2,760    2,607,379 
4.82%, 01/26/34 (Call 01/26/33),
(1-day SOFR + 1.567%)(a)(c)
   5,194    4,994,092 
5.16%, 05/18/34 (Call 05/18/33),
(1-day SOFR + 1.890%)(c)
   6,610    6,504,122 
6.12%, 11/21/34 (Call 11/21/33),
(1-day SOFR + 1.958%)(c)
   3,685    3,810,850 
Sumitomo Mitsui Financial Group Inc.          
1.71%, 01/12/31   3,020    2,409,801 
2.13%, 07/08/30(a)   8,606    7,162,239 
2.14%, 09/23/30(a)   4,696    3,891,812 
2.22%, 09/17/31(a)   5,480    4,444,793 
2.72%, 09/27/29(a)   2,527    2,225,846 
2.75%, 01/15/30(a)   7,966    6,951,357 
3.04%, 07/16/29   12,548    11,269,351 
3.20%, 09/17/29(a)   2,649    2,385,504 
5.71%, 01/13/30   8,005    8,138,337 
5.77%, 01/13/33(a)   11,495    11,800,807 
5.78%, 07/13/33   4,560    4,682,052 
5.81%, 09/14/33(a)   9,575    9,893,608 
5.85%, 07/13/30   3,750    3,842,756 
Sumitomo Mitsui Trust Bank Ltd., 5.35%,
03/07/34(a)(b)
   3,235    3,233,322 

 

7

 

 

Schedule of Investments (unaudited) (continued) iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Par
(000)
   Value 
           
Banks (continued)          
Toronto-Dominion Bank (The)          
2.00%, 09/10/31(a)  $6,861   $5,536,471 
2.45%, 01/12/32   4,862    3,981,886 
3.20%, 03/10/32   10,258    8,845,157 
4.46%, 06/08/32(a)   12,758    11,993,817 
Truist Bank, 2.25%, 03/11/30 (Call 12/11/29)   6,936    5,734,460 
Truist Financial Corp.          
1.95%, 06/05/30 (Call 03/05/30)   3,956    3,249,460 
4.92%, 07/28/33 (Call 07/28/32),
(1-day SOFR + 2.240%)(a)(c)
   5,880    5,430,941 
5.12%, 01/26/34 (Call 01/26/33),
(1-day SOFR + 1.852%)(c)
   9,170    8,733,183 
5.71%, 01/24/35 (Call 01/24/34),
(1-day SOFR + 1.922%)(a)(c)
   12,200    12,122,401 
5.87%, 06/08/34 (Call 06/08/33),
(1-day SOFR + 2.361%)(a)(c)
   10,658    10,692,916 
6.12%, 10/28/33 (Call 10/28/32),
(1-day SOFR + 2.300%)(c)
   4,443    4,535,941 
U.S. Bancorp          
1.38%, 07/22/30 (Call 04/22/30)(a)   6,848    5,478,285 
2.49%, 11/03/36 (Call 11/03/31),
(5-year CMT + 0.950%)(c)
   7,470    5,839,366 
2.68%, 01/27/33 (Call 01/27/32),
(1-day SOFR + 1.020%)(c)
   4,771    3,914,528 
4.84%, 02/01/34 (Call 02/01/33),
(1-day SOFR + 1.600%)(c)
   11,937    11,246,681 
4.97%, 07/22/33 (Call 07/22/32),
(1-day SOFR + 2.110%)(c)
   7,800    7,295,059 
5.68%, 01/23/35 (Call 01/23/34),
(1-day SOFR + 1.860%)(a)(c)
   12,252    12,233,790 
5.84%, 06/12/34 (Call 06/10/33),
(1-day SOFR + 2.260%)(a)(c)
   10,571    10,656,586 
5.85%, 10/21/33 (Call 10/21/32),
(1-day SOFR + 2.090%)(c)
   9,003    9,105,307 
UBS Group AG          
2.10%, 02/11/32 (Call 02/11/31),
(1-year CMT + 1.000%)(b)(c)
   11,624    9,343,394 
2.75%, 02/11/33 (Call 02/11/32),
(1-year CMT + 1.100%)(a)(b)(c)
   9,730    7,952,169 
3.09%, 05/14/32 (Call 05/14/31),
(1-day SOFR + 1.730%)(b)(c)
   18,761    15,987,053 
3.13%, 08/13/30 (Call 08/13/29),
(3-mo. LIBOR US + 1.468%)(b)(c)
   8,629    7,696,846 
4.19%, 04/01/31 (Call 04/01/30),
(1-day SOFR + 3.730%)(a)(b)(c)
   17,220    16,007,185 
4.99%, 08/05/33 (Call 08/05/32),
(1-year CMT + 2.400%)(b)(c)
   9,638    9,212,424 
5.70%, 02/08/35 (Call 02/08/34),
(1-year CMT + 1.770%)(b)(c)
   13,585    13,566,203 
5.96%, 01/12/34 (Call 01/12/33),
(1-year CMT + 2.200%)(b)(c)
   13,595    13,836,754 
6.30%, 09/22/34 (Call 09/22/33),
(1-year CMT + 2.000%)(b)(c)
   10,870    11,349,056 
6.54%, 08/12/33 (Call 08/12/32),
(1-day SOFR + 3.920%)(b)(c)
   18,140    19,105,245 
9.02%, 11/15/33 (Call 11/15/32),
(1-day SOFR + 5.020%)(b)(c)
   12,223    14,811,161 
UniCredit SpA, 3.13%, 06/03/32 (Call 06/03/31),
(1-year CMT + 1.550%)(a)(b)(c)
   5,561    4,697,039 
Security  Par
(000)
   Value 
           
Banks (continued)          
Wells Fargo & Co.          
2.57%, 02/11/31 (Call 02/11/30),
(3-mo. SOFR + 1.262%)(c)
  $19,089   $16,428,173 
2.88%, 10/30/30 (Call 10/30/29),
(3-mo. SOFR + 1.432%)(c)
   21,913    19,305,231 
3.35%, 03/02/33 (Call 03/02/32),
(1-day SOFR + 1.500%)(c)
   23,088    19,909,374 
4.48%, 04/04/31 (Call 04/04/30),
(3-mo. SOFR + 4.032%)(c)
   14,947    14,233,895 
4.90%, 07/25/33 (Call 07/25/32),
(1-day SOFR + 2.100%)(c)
   25,668    24,562,427 
5.39%, 04/24/34 (Call 04/24/33),
(1-day SOFR + 2.020%)(c)
   22,470    22,114,731 
5.50%, 01/23/35 (Call 01/23/34),
(1-day SOFR + 1.780%)(a)(c)
   18,365    18,205,906 
5.56%, 07/25/34 (Call 07/25/33),
(1-day SOFR + 1.990%)(c)
   25,731    25,615,839 
6.49%, 10/23/34 (Call 10/23/33),
(1-day SOFR + 2.060%)(c)
   19,670    20,921,452 
Series B, 7.95%, 11/15/29   1,114    1,230,861 
Westpac Banking Corp.          
2.15%, 06/03/31   6,651    5,510,266 
2.65%, 01/16/30(a)   4,155    3,685,050 
2.67%, 11/15/35 (Call 11/15/30),
(5-year CMT + 1.750%)(c)
   8,395    6,882,939 
3.02%, 11/18/36 (Call 11/18/31),
(5-year CMT + 1.530%)(c)
   6,843    5,596,343 
4.11%, 07/24/34 (Call 07/24/29),
(5-year CMT + 2.000%)(c)
   6,898    6,340,493 
5.41%, 08/10/33 (Call 08/10/32),
(1-year CMT + 2.680%)(a)(c)
   5,408    5,275,986 
6.82%, 11/17/33   4,990    5,337,221 
Zions Bancorp NA, 3.25%, 10/29/29
(Call 07/29/29)(a)
   2,095    1,737,791 
         3,150,449,055 
Beverages — 1.5%          
Anheuser-Busch InBev Worldwide Inc.          
3.50%, 06/01/30 (Call 03/01/30)   10,278    9,492,340 
4.90%, 01/23/31 (Call 10/23/30)(a)   4,638    4,629,750 
5.00%, 06/15/34 (Call 03/15/34)   3,455    3,395,934 
6.63%, 08/15/33(a)   1,125    1,228,251 
Bacardi Ltd./Bacardi-Martini BV, 5.40%,
06/15/33 (Call 03/15/33)(b)
   5,353    5,199,291 
Becle SAB de CV, 2.50%, 10/14/31
(Call 07/14/31)(b)
   4,870    3,822,950 
Brown-Forman Corp., 4.75%, 04/15/33
(Call 01/15/33)
   4,150    4,040,645 
Cia. Cervecerias Unidas SA, 3.35%, 01/19/32
(Call 10/19/31)(b)
   1,445    1,247,856 
Coca-Cola Co. (The)          
1.38%, 03/15/31   7,649    6,099,769 
1.65%, 06/01/30(a)   8,817    7,321,487 
2.00%, 03/05/31   4,532    3,776,303 
2.13%, 09/06/29   5,879    5,155,526 
2.25%, 01/05/32(a)   11,996    10,015,528 
3.45%, 03/25/30   7,308    6,778,247 
5.00%, 05/13/34 (Call 02/13/34)   5,350    5,332,062 
Coca-Cola Consolidated Inc., 5.45%, 06/01/34
(Call 03/01/34)(a)
   2,825    2,840,480 

 

8

 

 

Schedule of Investments (unaudited) (continued) iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Par
(000)
   Value 
           
Beverages (continued)          
Coca-Cola Femsa SAB de CV          
1.85%, 09/01/32 (Call 06/01/32)(a)  $2,595   $1,989,343 
2.75%, 01/22/30 (Call 10/22/29)   6,534    5,751,825 
Constellation Brands Inc.          
2.25%, 08/01/31 (Call 05/01/31)   6,645    5,424,016 
2.88%, 05/01/30 (Call 02/01/30)   3,702    3,236,348 
3.15%, 08/01/29 (Call 05/01/29)   4,651    4,200,742 
4.75%, 05/09/32 (Call 02/09/32)(a)   4,698    4,496,894 
4.90%, 05/01/33 (Call 02/01/33)   4,833    4,645,793 
Diageo Capital PLC          
2.00%, 04/29/30 (Call 01/29/30)   6,266    5,297,089 
2.13%, 04/29/32 (Call 01/29/32)   5,025    4,052,177 
2.38%, 10/24/29 (Call 07/24/29)   5,852    5,140,294 
5.50%, 01/24/33 (Call 10/24/32)(a)   4,750    4,849,411 
5.63%, 10/05/33 (Call 07/05/33)(a)   5,420    5,601,538 
JDE Peet’s NV, 2.25%, 09/24/31
(Call 06/24/31)(a)(b)
   3,302    2,615,427 
Keurig Dr Pepper Inc.          
2.25%, 03/15/31 (Call 12/15/30)   3,087    2,556,229 
3.20%, 05/01/30 (Call 02/01/30)(a)   4,651    4,174,524 
4.05%, 04/15/32 (Call 01/15/32)   5,305    4,897,080 
5.30%, 03/15/34 (Call 12/15/33)   3,620    3,591,537 
Series 10, 5.20%, 03/15/31 (Call 01/15/31)   3,090    3,066,399 
PepsiCo Inc.          
1.40%, 02/25/31 (Call 11/25/30)   4,779    3,818,805 
1.63%, 05/01/30 (Call 02/01/30)   6,551    5,452,363 
1.95%, 10/21/31 (Call 07/21/31)   7,712    6,304,580 
2.63%, 07/29/29 (Call 04/29/29)(a)   3,461    3,118,048 
2.75%, 03/19/30 (Call 12/19/29)   9,841    8,753,117 
3.90%, 07/18/32 (Call 04/18/32)   7,545    6,999,925 
4.45%, 02/15/33 (Call 11/15/32)(a)   5,968    5,906,130 
Pepsico Singapore Financing I Pte Ltd., 4.70%,
02/16/34 (Call 11/16/33)
   2,800    2,710,846 
Pernod Ricard International Finance LLC,
1.63%, 04/01/31 (Call 01/01/30)(b)
   5,724    4,537,906 
         203,564,805 
Biotechnology — 0.9%          
Amgen Inc.          
2.00%, 01/15/32 (Call 10/15/31)(a)   6,051    4,834,086 
2.30%, 02/25/31 (Call 11/25/30)   7,748    6,481,279 
2.45%, 02/21/30 (Call 11/21/29)(a)   7,629    6,612,337 
3.35%, 02/22/32 (Call 11/22/31)   6,085    5,364,873 
4.05%, 08/18/29 (Call 06/18/29)   4,047    3,850,673 
4.20%, 03/01/33 (Call 12/01/32)   4,579    4,221,123 
5.25%, 03/02/30 (Call 01/02/30)   17,580    17,625,913 
5.25%, 03/02/33 (Call 12/02/32)   24,735    24,546,885 
Biogen Inc., 2.25%, 05/01/30 (Call 02/01/30)   8,947    7,532,632 
Bio-Rad Laboratories Inc., 3.70%, 03/15/32
(Call 12/15/31)(a)
   5,090    4,485,071 
CSL Finance PLC          
4.25%, 04/27/32 (Call 01/27/32)(b)   6,200    5,803,102 
5.11%, 04/03/34 (Call 01/03/34)(a)(b)   3,220    3,155,600 
Gilead Sciences Inc.          
1.65%, 10/01/30 (Call 07/01/30)   5,930    4,836,310 
5.25%, 10/15/33 (Call 07/15/33)(a)   4,506    4,509,599 
Illumina Inc., 2.55%, 03/23/31 (Call 12/23/30)(a)   3,184    2,603,478 
Regeneron Pharmaceuticals Inc., 1.75%,
09/15/30 (Call 06/15/30)
   7,867    6,410,952 
Security  Par
(000)
   Value 
           
Biotechnology (continued)          
Royalty Pharma PLC          
2.15%, 09/02/31 (Call 06/02/31)(a)  $3,880   $3,095,785 
2.20%, 09/02/30 (Call 06/02/30)   6,407    5,300,073 
         121,269,771 
Building Materials — 0.6%          
Carrier Global Corp.          
2.70%, 02/15/31 (Call 11/15/30)   4,889    4,184,501 
2.72%, 02/15/30 (Call 11/15/29)   12,192    10,702,409 
5.90%, 03/15/34 (Call 12/15/33)   3,310    3,438,446 
Cemex SAB de CV          
5.20%, 09/17/30 (Call 09/17/25)(b)   50    47,858 
5.45%, 11/19/29 (Call 11/19/24)(b)   40    39,039 
CRH America Finance Inc., 5.40%, 05/21/34
(Call 02/21/34)
   4,515    4,467,385 
Eagle Materials Inc., 2.50%, 07/01/31
(Call 04/01/31)
   4,543    3,787,720 
Fortune Brands Innovations Inc.          
3.25%, 09/15/29 (Call 06/15/29)   4,505    4,057,897 
4.00%, 03/25/32 (Call 12/25/31)(a)   2,695    2,431,648 
5.88%, 06/01/33 (Call 03/01/33)   3,706    3,732,999 
GCC SAB de CV, 3.61%, 04/20/32
(Call 01/20/32)(b)
   275    233,360 
Johnson Controls International PLC/Tyco Fire & Security Finance SCA          
1.75%, 09/15/30 (Call 06/15/30)   7,474    6,125,354 
2.00%, 09/16/31 (Call 06/16/31)(a)   2,777    2,232,779 
4.90%, 12/01/32 (Call 09/01/32)(a)   2,405    2,342,141 
Martin Marietta Materials Inc.          
2.40%, 07/15/31 (Call 04/15/31)   5,617    4,640,344 
Series CB, 2.50%, 03/15/30
(Call 12/15/29)(a)
   3,297    2,846,221 
Masco Corp.          
2.00%, 10/01/30 (Call 07/01/30)   1,996    1,625,839 
2.00%, 02/15/31 (Call 11/15/30)(a)   3,699    3,006,079 
Mohawk Industries Inc., 3.63%, 05/15/30 (Call 02/15/30)(a)   2,257    2,062,488 
Owens Corning          
3.88%, 06/01/30 (Call 03/01/30)(a)   2,215    2,059,875 
3.95%, 08/15/29 (Call 05/15/29)(a)   2,500    2,351,798 
5.70%, 06/15/34 (Call 03/15/34)   2,615    2,632,321 
Trane Technologies Financing Ltd., 5.25%, 03/03/33
(Call 12/03/32)(a)
   4,020    4,027,941 
UltraTech Cement Ltd., 2.80%, 02/16/31
(Call 08/16/30)(b)
   2,360    1,979,784 
Vulcan Materials Co., 3.50%, 06/01/30
(Call 03/01/30)(a)
   4,824    4,376,574 
         79,432,800 
Chemicals — 1.4%          
Air Liquide Finance SA, 2.25%, 09/10/29
(Call 06/10/29)(b)
   3,103    2,722,818 
Air Products and Chemicals Inc.          
2.05%, 05/15/30 (Call 02/15/30)   6,037    5,133,786 
4.75%, 02/08/31 (Call 12/08/30)   4,680    4,609,984 
4.80%, 03/03/33 (Call 12/03/32)(a)   3,956    3,866,263 
4.85%, 02/08/34 (Call 11/08/33)(a)   6,905    6,729,444 
Albemarle Corp., 5.05%, 06/01/32
(Call 03/01/32)(a)
   3,945    3,793,629 
Alpek SAB de CV          
3.25%, 02/25/31 (Call 11/25/30)(a)(b)   4,010    3,359,213 
4.25%, 09/18/29 (Call 06/18/29)(b)   565    517,340 

 

9

 

 

Schedule of Investments (unaudited) (continued) iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Par
(000)
   Value 
           
Chemicals (continued)          
Bayport Polymers LLC, 5.14%, 04/14/32
(Call 01/14/32)(a)(b)
  $1,295   $1,194,625 
Cabot Corp., 5.00%, 06/30/32 (Call 03/30/32)(a)   2,690    2,636,276 
Celanese U.S. Holdings LLC          
6.33%, 07/15/29 (Call 05/15/29)   1,465    1,503,819 
6.38%, 07/15/32 (Call 04/15/32)   6,250    6,423,365 
6.55%, 11/15/30 (Call 09/15/30)   6,515    6,801,294 
6.70%, 11/15/33 (Call 08/15/33)(a)   6,110    6,427,552 
CF Industries Inc., 5.15%, 03/15/34   2,100    2,008,690 
Dow Chemical Co. (The)          
2.10%, 11/15/30 (Call 08/15/30)(a)   5,681    4,765,256 
5.15%, 02/15/34 (Call 11/15/33)(a)   3,350    3,286,780 
6.30%, 03/15/33 (Call 12/15/32)(a)   3,843    4,068,586 
7.38%, 11/01/29   5,121    5,625,134 
Eastman Chemical Co.          
5.63%, 02/20/34 (Call 11/20/33)   3,410    3,390,664 
5.75%, 03/08/33 (Call 12/08/32)(a)   3,253    3,278,092 
Ecolab Inc.          
1.30%, 01/30/31 (Call 10/30/30)(a)   4,593    3,640,490 
2.13%, 02/01/32 (Call 11/01/31)(a)   4,455    3,646,414 
4.80%, 03/24/30 (Call 12/24/29)   4,700    4,655,782 
EIDP Inc.          
2.30%, 07/15/30 (Call 04/15/30)(a)   3,647    3,116,841 
4.80%, 05/15/33 (Call 02/15/33)   1,430    1,383,181 
FMC Corp.          
3.45%, 10/01/29 (Call 07/01/29)(a)   3,493    3,140,181 
5.65%, 05/18/33 (Call 02/18/33)(a)   3,267    3,211,697 
GC Treasury Center Co. Ltd.          
2.98%, 03/18/31 (Call 12/18/30)(a)(b)   4,405    3,712,640 
4.40%, 03/30/32 (Call 09/30/31)(b)   150    137,015 
Huntsman International LLC, 2.95%, 06/15/31
(Call 03/15/31)
   2,919    2,395,612 
International Flavors & Fragrances Inc., 2.30%,
11/01/30 (Call 08/01/30)(a)(b)
   7,748    6,416,206 
LG Chem Ltd., 2.38%, 07/07/31(b)   3,180    2,612,623 
Linde Inc./CT, 1.10%, 08/10/30 (Call 05/10/30)   4,983    3,989,813 
LYB International Finance III LLC          
2.25%, 10/01/30 (Call 07/01/30)(a)   3,819    3,215,284 
5.50%, 03/01/34 (Call 12/01/33)   4,605    4,549,327 
5.63%, 05/15/33 (Call 02/15/33)(a)   3,771    3,828,658 
MEGlobal Canada ULC, 5.88%, 05/18/30(a)(b)   3,180    3,173,188 
Mosaic Co. (The), 5.45%, 11/15/33
(Call 05/15/33)
   80    78,999 
NewMarket Corp., 2.70%, 03/18/31
(Call 12/18/30)(a)
   2,668    2,212,991 
Nutrien Ltd., 2.95%, 05/13/30 (Call 02/13/30)   3,616    3,189,237 
OCI NV, 6.70%, 03/16/33 (Call 12/16/32)(a)(b)   3,732    3,689,522 
Orbia Advance Corp. SAB de CV, 2.88%,
05/11/31 (Call 02/11/31)(a)(b)
   3,160    2,573,465 
PPG Industries Inc.          
2.55%, 06/15/30 (Call 03/15/30)   2,054    1,771,337 
2.80%, 08/15/29 (Call 05/15/29)(a)   1,169    1,042,182 
Rohm & Haas Co., 7.85%, 07/15/29(a)   198    217,906 
RPM International Inc., 2.95%, 01/15/32
(Call 10/15/31)
   2,401    1,998,528 
Sherwin-Williams Co. (The)          
2.20%, 03/15/32 (Call 12/15/31)   3,548    2,862,515 
2.30%, 05/15/30 (Call 02/15/30)   3,462    2,949,171 
2.95%, 08/15/29 (Call 05/15/29)   4,938    4,424,735 
Sociedad Quimica y Minera de Chile SA,
6.50%, 11/07/33 (Call 08/07/33)(b)
   2,205    2,271,170 
Security  Par
(000)
   Value 
           
Chemicals (continued)          
Solvay Finance America LLC, 5.85%, 06/04/34
(Call 03/04/34)(b)
  $2,000   $2,005,242 
Westlake Corp., 3.38%, 06/15/30
(Call 03/15/30)
   2,458    2,201,945 
Yara International ASA          
3.15%, 06/04/30 (Call 03/04/30)(a)(b)   4,712    4,095,687 
7.38%, 11/14/32 (Call 08/14/32)(a)(b)   3,830    4,163,132 
         180,715,326 
Coal — 0.0%          
Teck Resources Ltd., 3.90%, 07/15/30
(Call 04/15/30)(a)
   2,842    2,617,669 
           
Commercial Services — 1.5%          
Adani International Container Terminal Pvt Ltd., 3.00%, 02/16/31 (Call 08/18/30)(b)   1,312    1,090,826 
Adani Ports & Special Economic Zone Ltd.          
3.10%, 02/02/31(b)   2,045    1,579,816 
3.83%, 02/02/32 (Call 08/02/31)(b)   200    158,278 
4.38%, 07/03/29(b)   3,095    2,711,795 
Ashtead Capital Inc.          
2.45%, 08/12/31 (Call 05/12/31)(b)   4,360    3,508,414 
4.25%, 11/01/29 (Call 11/01/24)(b)   3,995    3,710,558 
5.50%, 08/11/32 (Call 05/11/32)(b)   4,554    4,445,842 
5.55%, 05/30/33 (Call 02/28/33)(b)   3,540    3,449,960 
5.80%, 04/15/34 (Call 01/15/34)(a)(b)   5,200    5,164,696 
5.95%, 10/15/33 (Call 07/15/33)(b)   4,595    4,601,658 
Automatic Data Processing Inc., 1.25%,
09/01/30 (Call 06/01/30)
   6,543    5,250,221 
Block Financial LLC, 3.88%, 08/15/30
(Call 05/15/30)
   4,325    3,921,471 
Cintas Corp. No. 2, 4.00%, 05/01/32
(Call 02/01/32)
   3,330    3,104,037 
CK Hutchison International 23 Ltd., 4.88%, 04/21/33
(Call 01/21/33)(a)(b)
   6,835    6,581,268 
CoStar Group Inc., 2.80%,
07/15/30 (Call 04/15/30)(b)
   6,362    5,391,953 
DP World Crescent Ltd., 3.75%, 01/30/30
(Call 10/30/29)(a)(b)
   3,885    3,565,371 
Emory University, Series 2020, 2.14%, 09/01/30
(Call 06/01/30)(a)
   1,292    1,094,137 
Equifax Inc.          
2.35%, 09/15/31 (Call 06/15/31)   6,445    5,267,501 
3.10%, 05/15/30 (Call 02/15/30)   3,895    3,458,595 
ERAC USA Finance LLC, 4.90%, 05/01/33
(Call 02/01/33)(a)(b)
   6,563    6,356,338 
Experian Finance PLC, 2.75%, 03/08/30
(Call 12/08/29)(b)
   3,961    3,490,015 
Gartner Inc.          
3.63%, 06/15/29 (Call 07/01/24)(a)(b)   88    79,522 
3.75%, 10/01/30 (Call 10/01/25)(b)   3,015    2,660,272 
Global Payments Inc.          
2.90%, 05/15/30 (Call 02/15/30)(a)   6,999    6,060,939 
2.90%, 11/15/31 (Call 08/15/31)   4,731    3,937,621 
3.20%, 08/15/29 (Call 05/15/29)   4,703    4,196,002 
5.40%, 08/15/32 (Call 05/15/32)(a)   4,493    4,405,302 
GXO Logistics Inc.          
2.65%, 07/15/31 (Call 04/15/31)(a)   2,469    1,978,699 
6.50%, 05/06/34 (Call 02/06/34)   2,105    2,140,919 
Johns Hopkins University, 4.71%, 07/01/32
(Call 04/01/32)(a)
   1,380    1,363,211 

 

10

 

 

Schedule of Investments (unaudited) (continued) iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Par
(000)
   Value 
           
Commercial Services (continued)          
Moody’s Corp.          
2.00%, 08/19/31 (Call 05/19/31)(a)  $4,151   $3,351,263 
4.25%, 08/08/32 (Call 05/08/32)(a)   3,195    2,990,115 
PayPal Holdings Inc.          
2.30%, 06/01/30 (Call 03/01/30)   6,508    5,571,021 
2.85%, 10/01/29 (Call 07/01/29)(a)   9,085    8,158,680 
4.40%, 06/01/32 (Call 03/01/32)(a)   6,093    5,791,916 
5.15%, 06/01/34 (Call 03/01/34)   3,550    3,491,710 
Quanta Services Inc.          
2.35%, 01/15/32 (Call 10/15/31)(a)   1,709    1,382,042 
2.90%, 10/01/30 (Call 07/01/30)   4,626    4,034,750 
RELX Capital Inc.          
3.00%, 05/22/30 (Call 02/22/30)   4,786    4,255,730 
4.75%, 05/20/32 (Call 02/20/32)(a)   3,258    3,162,489 
S&P Global Inc.          
1.25%, 08/15/30 (Call 05/15/30)(a)   4,230    3,391,516 
2.50%, 12/01/29 (Call 09/01/29)(a)   3,410    2,994,949 
2.90%, 03/01/32 (Call 12/01/31)   8,320    7,154,778 
5.25%, 09/15/33 (Call 06/15/33)(a)(b)   4,235    4,265,982 
Sodexo Inc., 2.72%, 04/16/31
(Call 01/16/31)(a)(b)
   4,393    3,701,110 
Transurban Finance Co. Pty. Ltd., 2.45%,
03/16/31 (Call 12/16/30)(a)(b)
   5,506    4,575,238 
Triton Container International Ltd., 3.15%,
06/15/31 (Call 03/15/31)(a)(b)
   4,287    3,544,221 
Triton Container International Ltd./TAL          
International Container Corp., 3.25%,
03/15/32 (Call 12/15/31)
   2,840    2,292,793 
United Rentals North America Inc., 6.00%,
12/15/29 (Call 12/15/25)(b)
   9,670    9,622,517 
Verisk Analytics Inc.          
5.25%, 06/05/34 (Call 03/05/34)   2,215    2,167,175 
5.75%, 04/01/33 (Call 01/01/33)   2,775    2,830,149 
Yale University, Series 2020, 1.48%, 04/15/30
(Call 01/15/30)
   1,966    1,632,534 
         195,087,915 
Computers — 1.4%          
Amdocs Ltd., 2.54%, 06/15/30
(Call 03/15/30)(a)
   4,438    3,732,782 
Apple Inc.          
1.25%, 08/20/30 (Call 05/20/30)(a)   7,491    6,087,992 
1.65%, 05/11/30 (Call 02/11/30)   10,437    8,733,949 
1.65%, 02/08/31 (Call 11/08/30)   16,527    13,590,727 
1.70%, 08/05/31 (Call 05/05/31)(a)   6,226    5,056,699 
2.20%, 09/11/29 (Call 06/11/29)(a)   10,239    9,028,930 
3.25%, 08/08/29 (Call 06/08/29)   5,385    5,009,160 
3.35%, 08/08/32 (Call 05/08/32)(a)   8,945    8,058,848 
4.15%, 05/10/30 (Call 03/10/30)(a)   3,203    3,127,100 
4.30%, 05/10/33 (Call 02/10/33)(a)   5,898    5,782,822 
Booz Allen Hamilton Inc., 5.95%, 08/04/33
(Call 05/04/33)(a)
   3,173    3,257,018 
CGI Inc., 2.30%, 09/14/31 (Call 06/14/31)(a)   2,642    2,089,030 
Dell International LLC/EMC Corp.          
5.30%, 10/01/29 (Call 07/01/29)   10,320    10,337,796 
5.40%, 04/15/34 (Call 01/15/34)(a)   3,880    3,824,847 
5.75%, 02/01/33 (Call 11/01/32)(a)   5,998    6,141,255 
6.20%,07/15/30(Call04/15/30)(a)   4,496    4,703,262 
Fortinet Inc., 2.20%, 03/15/31 (Call 12/15/30)(a)   3,750    3,074,585 
HP Inc.          
2.65%, 06/17/31 (Call 03/17/31)   6,235    5,238,579 
3.40%, 06/17/30 (Call 03/17/30)   1,525    1,380,655 
Security  Par
(000)
   Value 
           
Computers (continued)          
4.20%, 04/15/32 (Call 01/15/32)  $4,055   $3,749,100 
5.50%, 01/15/33 (Call 10/15/32)(a)   6,633    6,634,816 
IBM International Capital Pte Ltd.          
4.75%, 02/05/31 (Call 12/05/30)(a)   3,515    3,419,531 
4.90%, 02/05/34 (Call 11/05/33)(a)   5,040    4,857,980 
International Business Machines Corp.          
1.95%, 05/15/30 (Call 02/15/30)   8,291    6,940,574 
2.72%, 02/09/32 (Call 11/09/31)(a)   2,560    2,183,843 
4.40%, 07/27/32 (Call 04/27/32)(a)   4,428    4,181,537 
4.75%, 02/06/33 (Call 11/06/32)(a)   4,460    4,323,715 
5.88%, 11/29/32   3,505    3,669,809 
Kyndryl Holdings Inc.          
3.15%, 10/15/31 (Call 07/15/31)(a)   4,221    3,544,816 
6.35%, 02/20/34 (Call 11/20/33)(a)   2,460    2,529,985 
Leidos Inc.          
2.30%, 02/15/31 (Call 11/15/30)   4,440    3,640,950 
4.38%, 05/15/30 (Call 02/15/30)   3,467    3,260,928 
5.75%, 03/15/33 (Call 12/15/32)   4,160    4,202,979 
Lenovo Group Ltd.          
3.42%, 11/02/30 (Call 08/02/30)(a)(b)   5,040    4,448,145 
6.54%, 07/27/32 (Call 04/27/32)(a)(b)   3,675    3,862,264 
NetApp Inc., 2.70%, 06/22/30 (Call 03/22/30)   4,798    4,142,812 
Teledyne FLIR LLC, 2.50%, 08/01/30
(Call 05/01/30)
   3,519    2,966,225 
Western Digital Corp., 3.10%, 02/01/32
(Call 11/01/31)
   1,770    1,435,721 
         182,251,766 
Cosmetics & Personal Care — 0.8%          
Colgate-Palmolive Co.          
3.25%, 08/15/32 (Call 05/15/32) (a)   3,158    2,803,982 
4.60%, 03/01/33 (Call 12/01/32)   3,088    3,022,209 
Estee Lauder Companies Inc. (The)          
1.95%, 03/15/31 (Call 12/15/30) (a)   3,888    3,175,779 
2.38%, 12/01/29 (Call 09/01/29)   3,858    3,362,167 
2.60%, 04/15/30 (Call 01/15/30) (a)   4,212    3,675,537 
4.65%, 05/15/33 (Call 02/15/33)   4,355    4,205,859 
5.00%, 02/14/34 (Call 11/14/33)(a)   3,860    3,767,571 
Haleon U.S. Capital LLC, 3.63%, 03/24/32
(Call 12/24/31)
   11,950    10,662,350 
Kenvue Inc.          
4.90%, 03/22/33 (Call 12/22/32)(a)   7,637    7,507,957 
5.00%, 03/22/30 (Call 01/22/30)   6,083    6,075,060 
Procter & Gamble Co. (The)          
1.20%, 10/29/30   7,658    6,170,256 
1.95%, 04/23/31(a)   6,013    5,050,576 
2.30%, 02/01/32(a)   5,290    4,494,118 
3.00%, 03/25/30   9,006    8,233,978 
4.05%, 01/26/33(a)   5,345    5,087,418 
4.55%, 01/29/34(a)   4,140    4,026,003 
5.50%, 02/01/34(a)   340    354,548 
Unilever Capital Corp.          
1.38%, 09/14/30 (Call 06/14/30)(a)   3,435    2,771,872 
1.75%, 08/12/31 (Call 05/12/31)   5,547    4,482,880 
2.13%, 09/06/29 (Call 06/06/29)   4,970    4,338,211 
5.00%, 12/08/33 (Call 09/08/33)(a)   4,530    4,514,358 
5.90%, 11/15/32(a)   6,030    6,391,044 
         104,173,733 
           
Distribution & Wholesale — 0.1%          
Ferguson Finance PLC
3.25%, 06/02/30 (Call 03/02/30)(b)
   3,803    3,388,154 

 

11

 

 

Schedule of Investments (unaudited) (continued) iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Par
(000)
   Value 
           
Distribution & Wholesale (continued)          
4.65%, 04/20/32 (Call 01/20/32)(b)  $4,335   $4,088,927 
LKQ Corp., 6.25%, 06/15/33 (Call 03/15/33)(a)   3,335    3,427,006 
         10,904,087 
Diversified Financial Services — 3.5%          
AerCap Ireland Capital DAC/AerCap Global          
Aviation Trust          
3.30%, 01/30/32 (Call 10/30/31)   23,840    20,306,050 
3.40%, 10/29/33 (Call 07/29/33)(a)   9,174    7,640,053 
5.30%, 01/19/34 (Call 10/19/33)(a)   4,540    4,421,355 
6.15%, 09/30/30 (Call 07/30/30)(a)   2,029    2,088,528 
Affiliated Managers Group Inc., 3.30%, 06/15/30
(Call 03/15/30)
   2,927    2,591,103 
Air Lease Corp.          
2.88%, 01/15/32 (Call 10/15/31)   5,175    4,322,004 
3.00%, 02/01/30 (Call 11/01/29)   3,780    3,333,256 
3.13%, 12/01/30 (Call 09/01/30)(a)   4,373    3,804,870 
3.25%, 10/01/29 (Call 07/01/29)   2,919    2,627,268 
Ally Financial Inc., 8.00%, 11/01/31 (a)   14,756    16,156,306 
American Express Co.          
4.42%, 08/03/33 (Call 08/03/32),
(1-day SOFR + 1.760%)(c)
   8,708    8,192,857 
4.99%, 05/26/33 (Call 02/26/32),
(1-day SOFR + 2.255%)(c)
   4,315    4,150,539 
5.04%, 05/01/34 (Call 05/01/33),
(1-day SOFR + 1.835%)(c)
   8,365    8,175,304 
5.63%, 07/28/34 (Call 04/27/33),
(1-day SOFR + 1.930%)(c)
   3,248    3,236,830 
5.92%, 04/25/35 (Call 01/25/34),
(1-day SOFR +1.630%)(c)
   1,725    1,746,602 
6.49%, 10/30/31 (Call 10/30/30),
(1-day SOFR + 1.940%)(c)
   5,310    5,653,698 
Ameriprise Financial Inc.          
4.50%, 05/13/32 (Call 02/13/32)   3,755    3,587,695 
5.15%, 05/15/33 (Call 02/15/33)(a)   4,899    4,884,097 
Apollo Global Management Inc., 6.38%,
11/15/33 (Call 08/15/33)
   3,025    3,214,146 
Ares Finance Co. II LLC, 3.25%,
06/15/30 (Call 03/15/30)(a)(b)
   2,740    2,401,142 
Aviation Capital Group LLC, 6.38%,
07/15/30 (Call 05/15/30)(b)
   2,876    2,961,803 
Blackstone Holdings Finance Co. LLC          
1.60%, 03/30/31 (Call 12/30/30)(a)(b)   3,655    2,846,431 
2.00%, 01/30/32 (Call 10/30/31)(b)   5,675    4,444,568 
2.50%, 01/10/30 (Call 10/10/29)(a)(b)   4,151    3,590,364 
2.55%, 03/30/32 (Call 12/30/31)(a)(b)   1,855    1,513,223 
6.20%, 04/22/33 (Call 01/22/33)(a)(b)   6,063    6,325,043 
Blue Owl Finance LLC          
3.13%, 06/10/31 (Call 03/10/31)(b)   4,744    3,965,806 
4.38%, 02/15/32 (Call 11/15/31)(a)(b)   2,485    2,213,569 
6.25%, 04/18/34 (Call 01/18/34)(b)   3,770    3,796,097 
BOC Aviation Ltd.          
2.63%, 09/17/30 (Call 06/17/30)(a)(b)   4,640    3,969,520 
3.00%, 09/11/29 (Call 06/11/29)(a)(b)   4,694    4,192,962 
BOC Aviation USA Corp.          
4.88%, 05/03/33 (Call 02/03/33)(a)(b)   3,610    3,493,171 
5.25%, 01/14/30 (Call 12/14/29)(b)   535    532,630 
Brookfield Capital Finance LLC, 6.09%,
06/14/33 (Call 03/14/33)
   3,796    3,892,353 
Brookfield Finance I U.K. PLC/Brookfield          
Finance Inc., 2.34%, 01/30/32
(Call 10/30/31)
   4,985    3,993,093 
Security  Par
(000)
   Value 
           
Diversified Financial Services (continued)          
Brookfield Finance Inc.          
2.72%, 04/15/31 (Call 01/15/31)(a)  $4,613   $3,899,372 
4.35%, 04/15/30 (Call 01/15/30)   5,383    5,102,000 
Capital One Financial Corp.          
2.36%, 07/29/32 (Call 07/29/31),
(1-day SOFR + 1.337%)(a)(c)
   5,646    4,406,572 
2.62%, 11/02/32 (Call 11/02/31),
(1-day SOFR + 1.265%)(a)(c)
   2,889    2,338,094 
5.25%, 07/26/30 (Call 07/26/29),
(1-day SOFR + 2.600%)(c)
   4,885    4,771,836 
5.27%, 05/10/33 (Call 05/10/32),
(1-day SOFR + 2.370%)(a)(c)
   6,355    6,118,545 
5.82%, 02/01/34 (Call 02/01/33),
(1-day SOFR + 2.600%)(a)(c)
   7,210    7,112,530 
6.05%, 02/01/35 (Call 02/01/34),
(1-day SOFR + 2.260%)(a)(c)
   5,475    5,496,115 
6.38%, 06/08/34 (Call 06/08/33),
(1-day SOFR + 2.860%)(c)
   10,855    11,119,859 
7.62%, 10/30/31 (Call 10/30/30),
(1-day SOFR + 3.070%)(c)
   8,518    9,316,103 
Cboe Global Markets Inc.          
1.63%, 12/15/30 (Call 09/15/30)   3,934    3,180,175 
3.00%, 03/16/32 (Call 12/16/31)(a)   2,320    1,987,990 
Charles Schwab Corp. (The)          
1.65%, 03/11/31 (Call 12/11/30)(a)   4,840    3,859,791 
1.95%, 12/01/31 (Call 09/01/31)(a)   5,333    4,248,402 
2.30%, 05/13/31 (Call 02/13/31)(a)   4,700    3,922,306 
2.75%, 10/01/29 (Call 07/01/29)(a)   3,284    2,933,368 
2.90%, 03/03/32 (Call 12/03/31)(a)   6,315    5,368,844 
4.63%, 03/22/30 (Call 12/22/29)(a)   3,471    3,413,419 
5.85%, 05/19/34 (Call 05/19/33),
(1-day SOFR + 2.500%)(c)
   7,769    7,891,141 
6.14%, 08/24/34 (Call 08/24/33),
(1-day SOFR + 2.010%)(a)(c)
   8,034    8,309,114 
CI Financial Corp., 3.20%, 12/17/30
(Call 09/17/30)
   5,863    4,590,414 
CME Group Inc., 2.65%, 03/15/32
(Call 12/15/31)
   5,345    4,563,707 
Credit Suisse USA LLC, 7.13%, 07/15/32(a)   5,125    5,645,608 
Discover Financial Services          
6.70%, 11/29/32 (Call 08/29/32)(a)   4,675    4,885,819 
7.96%, 11/02/34 (Call 11/02/33),
(1-day SOFR + 3.370%)(c)
   6,218    6,994,880 
FMR LLC, 4.95%, 02/01/33(a)(b)   1,480    1,414,412 
Franklin Resources Inc., 1.60%, 10/30/30
(Call 07/30/30)(a)
   5,849    4,705,924 
Jefferies Financial Group Inc.          
2.63%, 10/15/31 (Call 07/15/31)   6,834    5,513,184 
2.75%, 10/15/32 (Call 07/15/32)   3,360    2,662,537 
4.15%, 01/23/30   6,667    6,150,395 
6.20%, 04/14/34 (Call 01/14/34)   7,670    7,699,501 
Lazard Group LLC, 6.00%, 03/15/31 (Call 01/15/31)   2,400    2,421,769 
LPL Holdings Inc.          
4.38%, 05/15/31 (Call 05/15/26)(b)   1,827    1,664,464 
6.00%, 05/20/34 (Call 02/20/34)   1,555    1,560,095 
Lseg U.S. Fin Corp., 5.30%, 03/28/34
(Call 12/28/33)(b)
   4,745    4,709,711 
LSEGA Financing PLC, 2.50%, 04/06/31
(Call 01/06/31)(b)
   8,229    6,912,486 

 

12

 

 

Schedule of Investments (unaudited) (continued) iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Par
(000)
   Value 
           
Diversified Financial Services (continued)          
Mastercard Inc.          
1.90%, 03/15/31 (Call 12/15/30)(a)  $4,165   $3,456,067 
2.00%, 11/18/31 (Call 08/18/31)   4,886    3,996,627 
2.95%, 06/01/29 (Call 03/01/29)   836    763,291 
3.35%, 03/26/30 (Call 12/26/29)(a)   9,141    8,408,467 
4.85%, 03/09/33 (Call 12/09/32)(a)   4,756    4,718,213 
4.88%, 05/09/34 (Call 02/09/34)   4,300    4,238,558 
Mitsubishi HC Capital Inc., 3.97%, 04/13/30
(Call 01/13/30)(a)(b)
   425    390,287 
Mitsubishi HC Finance America LLC, 5.66%,
02/28/33 (Call 11/28/32)(a)(b)
   4,035    4,040,622 
Nasdaq Inc.          
1.65%, 01/15/31 (Call 10/15/30)(a)   4,878    3,894,739 
5.55%, 02/15/34 (Call 11/15/33)   8,055    8,042,844 
Nomura Holdings Inc.          
2.61%, 07/14/31   6,385    5,238,192 
2.68%, 07/16/30   6,174    5,231,129 
3.00%, 01/22/32   4,872    4,059,867 
3.10%, 01/16/30   9,713    8,547,192 
5.61%, 07/06/29   254    254,361 
6.09%, 07/12/33(a)   3,665    3,816,076 
6.18%, 01/18/33(a)   4,030    4,208,107 
Nuveen LLC          
5.55%, 01/15/30 (Call 12/15/29)(b)   1,830    1,834,118 
5.85%, 04/15/34 (Call 01/15/34)(b)   4,970    4,982,566 
ORIX Corp.          
2.25%, 03/09/31(a)   3,273    2,726,337 
4.00%, 04/13/32(a)   3,173    2,919,090 
5.20%, 09/13/32(a)   2,590    2,590,157 
Power Finance Corp. Ltd., 3.95%, 04/23/30(a)(b)   5,536    5,042,311 
Raymond James Financial Inc., 4.65%,
04/01/30 (Call 01/01/30)(a)
   3,982    3,882,715 
Stifel Financial Corp., 4.00%, 05/15/30
(Call 02/15/30)
   2,963    2,714,256 
Synchrony Financial, 2.88%, 10/28/31
(Call 07/28/31)(a)
   4,342    3,490,345 
TPG Operating Group II LP, 5.88%, 03/05/34
(Call 12/05/33)
   1,520    1,516,783 
USAA Capital Corp., 2.13%, 05/01/30
(Call 02/01/30)(a)(b)
   2,266    1,906,273 
Visa Inc.          
1.10%, 02/15/31 (Call 11/15/30)(a)   6,345    5,008,479 
2.05%, 04/15/30 (Call 01/15/30)   9,148    7,820,578 
Western Union Co. (The), 2.75%, 03/15/31 (Call 12/15/30)(a)   2,090    1,736,898 
         462,630,363 
Electric — 7.6%          
Abu Dhabi National Energy Co. PJSC          
4.70%, 04/24/33 (a)(b)   7,585    7,267,416 
4.88%, 04/23/30 (a)(b)   6,049    5,972,843 
Adani Electricity Mumbai Ltd.          
3.87%, 07/22/31 (Call 01/22/31) (b)   1,015    813,525 
3.95%, 02/12/30 (b)   4,067    3,398,568 
AEP Texas Inc.          
4.70%, 05/15/32 (Call 02/15/32)   2,910    2,735,270 
5.40%, 06/01/33 (Call 03/01/33)   2,741    2,667,596 
5.70%, 05/15/34 (Call 02/15/34)   2,345    2,323,789 
Series E, 6.65%, 02/15/33 (a)   745    777,733 
Series I, 2.10%, 07/01/30 (Call 04/01/30) (a)   3,700    3,053,775 
AEP Transmission Co. LLC, 5.15%, 04/01/34
(Call 01/01/34) (a)
   1,175    1,149,152 
Security  Par
(000)
   Value 
           
Electric (continued)          
AES Corp. (The)          
2.45%, 01/15/31 (Call 10/15/30)  $9,208   $7,561,062 
3.95%, 07/15/30 (Call 04/15/30)(a)(b)   4,576    4,122,907 
Alabama Power Co.          
3.05%, 03/15/32 (Call 12/15/31)   3,903    3,362,841 
3.94%, 09/01/32 (Call 03/01/32)   2,764    2,530,359 
5.70%, 02/15/33(a)   400    405,764 
5.85%, 11/15/33 (Call 05/15/33)(a)   2,055    2,131,410 
Series 20-A, 1.45%, 09/15/30
(Call 06/15/30)(a)
   3,723    3,004,687 
Alliant Energy Finance LLC, 3.60%, 03/01/32
(Call 12/01/31)(b)
   1,540    1,328,326 
Ameren Corp., 3.50%, 01/15/31
(Call 10/15/30)(a)
   5,077    4,549,141 
Ameren Illinois Co.          
1.55%, 11/15/30 (Call 08/15/30)   2,414    1,933,350 
3.85%, 09/01/32 (Call 06/01/32)   3,225    2,914,987 
4.95%, 06/01/33 (Call 03/01/33)(a)   2,875    2,798,076 
American Electric Power Co. Inc.          
2.30%, 03/01/30 (Call 12/01/29)(a)   3,019    2,546,965 
5.63%, 03/01/33 (Call 12/01/32)   5,150    5,116,701 
5.95%, 11/01/32 (Call 08/01/32)   3,374    3,447,665 
American Transmission Systems Inc., 2.65%,
01/15/32 (Call 10/15/31)(b)
   3,487    2,878,542 
Appalachian Power Co.          
4.50%, 08/01/32 (Call 05/01/32)   3,245    2,984,106 
5.65%, 04/01/34 (Call 01/01/34)   2,370    2,339,325 
Series AA, 2.70%, 04/01/31 (Call 01/01/31)   3,155    2,660,251 
Arizona Public Service Co.          
2.20%, 12/15/31 (Call 09/15/31)(a)   2,110    1,689,775 
2.60%, 08/15/29 (Call 05/15/29)(a)   1,686    1,482,250 
5.55%, 08/01/33 (Call 05/01/33)(a)   3,085    3,046,575 
5.70%, 08/15/34 (Call 05/15/34)   1,800    1,799,244 
6.35%, 12/15/32 (Call 09/15/32)   2,659    2,783,462 
Atlantic City Electric Co., 2.30%, 03/15/31
(Call 12/15/30)(a)
   2,296    1,908,227 
Baltimore Gas & Electric Co., 2.25%, 06/15/31
(Call 03/15/31)
   3,613    2,998,795 
Berkshire Hathaway Energy Co.          
1.65%, 05/15/31 (Call 02/15/31)   3,120    2,459,137 
3.70%, 07/15/30 (Call 04/15/30)   6,722    6,204,536 
Black Hills Corp.          
2.50%, 06/15/30 (Call 03/15/30)   2,274    1,892,324 
3.05%, 10/15/29 (Call 07/15/29)   2,770    2,459,643 
4.35%, 05/01/33 (Call 02/01/33)   1,810    1,620,700 
6.15%, 05/15/34 (Call 02/15/34)(a)   1,030    1,046,612 
CenterPoint Energy Houston Electric LLC
4.95%, 04/01/33 (Call 01/01/33)
   3,638    3,537,391 
5.15%, 03/01/34 (Call 12/01/33)(a)   2,740    2,700,368 
Series AE, 2.35%, 04/01/31 (Call 01/01/31)   2,630    2,205,664 
Series AG, 3.00%, 03/01/32
(Call 12/01/31)(a)
   1,764    1,510,593 
Series ai., 4.45%, 10/01/32 (Call 07/01/32)   3,018    2,852,341 
Series K2, 6.95%, 03/15/33   425    471,513 
CenterPoint Energy Inc.          
2.65%, 06/01/31 (Call 03/01/31)   2,924    2,457,753 
2.95%, 03/01/30 (Call 12/01/29)   2,608    2,298,420 
Cleco Corporate Holdings LLC, 3.38%,
09/15/29 (Call 06/15/29)
   1,731    1,501,164 
Cleveland Electric Illuminating Co. (The),
4.55%, 11/15/30 (Call 08/15/30)(a)(b)
   2,184    2,054,114 

 

13

 

 

Schedule of Investments (unaudited) (continued) iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Par
(000)
   Value 
           
Electric (continued)          
CMS Energy Corp.          
3.75%, 12/01/50 (Call 09/01/30),
(5-year CMT + 2.900%)(a)(c)
  $1,929   $1,593,733 
4.75%, 06/01/50 (Call 03/01/30),
(5-year CMT + 4.116%)(c)
   2,910    2,673,524 
Colbun SA          
3.15%, 03/06/30 (Call 12/06/29)(a)(b)   2,715    2,368,769 
3.15%, 01/19/32 (Call 10/19/31)(a)(b)   2,735    2,286,107 
Comision Federal de Electricidad          
3.35%, 02/09/31 (Call 11/09/30)(a)(b)   6,930    5,776,273 
3.88%, 07/26/33 (Call 04/26/33)(a)(b)   3,885    3,150,777 
Commonwealth Edison Co.          
2.20%, 03/01/30 (Call 12/01/29)   2,385    2,027,501 
3.15%, 03/15/32 (Call 12/15/31)(a)   1,320    1,146,692 
4.90%, 02/01/33 (Call 11/01/32)(a)   1,834    1,785,814 
5.30%, 06/01/34 (Call 03/01/34)   1,320    1,315,322 
Connecticut Light & Power Co. (The)          
4.90%, 07/01/33 (Call 04/01/33)   1,910    1,854,490 
Series A, 2.05%, 07/01/31 (Call 04/01/31)   2,739    2,225,135 
Consolidated Edison Co. of New York Inc.          
2.40%, 06/15/31 (Call 03/15/31)(a)   5,206    4,367,661 
5.20%, 03/01/33 (Call 12/01/32)(a)   2,725    2,720,634 
5.38%, 05/15/34 (Call 02/15/34)   2,640    2,634,054 
5.50%, 03/15/34 (Call 12/15/33)(a)   3,965    4,015,556 
Series 20A, 3.35%, 04/01/30 (Call 01/01/30)   6,250    5,694,350 
Consorcio Transmantaro SA, 4.70%, 04/16/34(b)   275    254,898 
Constellation Energy Generation LLC          
5.80%, 03/01/33 (Call 12/01/32)   3,765    3,823,936 
6.13%, 01/15/34 (Call 10/15/33)(a)   2,848    2,964,191 
Consumers Energy Co.          
3.60%, 08/15/32 (Call 02/15/32)   2,080    1,851,107 
4.63%, 05/15/33 (Call 11/15/32)   4,360    4,161,589 
Dominion Energy Inc.          
4.35%, 08/15/32 (Call 05/15/32)(a)   2,610    2,422,177 
5.38%, 11/15/32 (Call 08/15/32)(a)   5,173    5,112,202 
Series C, 2.25%, 08/15/31 (Call 05/15/31)   8,348    6,752,138 
Series C, 3.38%, 04/01/30 (Call 01/01/30)   9,596    8,619,313 
Series E, 6.30%, 03/15/33(a)   1,705    1,770,427 
Series F, 5.25%, 08/01/33   970    945,513 
Dominion Energy South Carolina Inc.          
5.30%, 05/15/33(a)   1,565    1,557,109 
6.63%, 02/01/32(a)   750    813,074 
Series A, 2.30%, 12/01/31 (Call 09/01/31)   2,325    1,907,357 
DTE Electric Co.          
2.25%, 03/01/30 (Call 12/01/29)(a)   3,674    3,146,371 
5.20%, 04/01/33 (Call 01/01/33)(a)   3,508    3,493,673 
5.20%, 03/01/34 (Call 12/01/33)(a)   3,585    3,545,350 
Series A, 3.00%, 03/01/32 (Call 12/01/31)(a)   2,920    2,503,271 
Series C, 2.63%, 03/01/31 (Call 12/01/30)(a)   2,455    2,094,415 
DTE Energy Co.          
2.95%, 03/01/30 (Call 12/01/29)   1,941    1,696,324 
5.85%, 06/01/34 (Call 03/01/34)   3,375    3,415,677 
Duke Energy Carolinas LLC          
2.45%, 08/15/29 (Call 05/15/29)(a)   2,603    2,287,787 
2.45%, 02/01/30 (Call 11/01/29)   3,553    3,084,645 
2.55%, 04/15/31 (Call 01/15/31)   3,274    2,774,544 
2.85%, 03/15/32 (Call 12/15/31)(a)   2,685    2,284,638 
4.85%, 01/15/34 (Call 10/15/33)(a)   3,445    3,318,751 
4.95%, 01/15/33 (Call 10/15/32)   7,594    7,425,580 
6.45%, 10/15/32(a)   2,185    2,346,564 
Security  Par
(000)
   Value 
           
Electric (continued)          
Duke Energy Corp.          
2.45%, 06/01/30 (Call 03/01/30)  $5,016   $4,276,865 
2.55%, 06/15/31 (Call 03/15/31)   5,838    4,880,201 
3.40%, 06/15/29 (Call 03/15/29)   2,597    2,389,561 
4.50%, 08/15/32 (Call 05/15/32)   7,077    6,622,449 
5.75%, 09/15/33 (Call 06/15/33)(a)   4,440    4,490,560 
Duke Energy Florida LLC          
1.75%, 06/15/30 (Call 03/15/30)(a)   2,986    2,458,012 
2.40%, 12/15/31 (Call 09/15/31)   3,883    3,213,088 
2.50%, 12/01/29 (Call 09/01/29)(a)   5,501    4,830,023 
5.88%, 11/15/33 (Call 08/15/33)   2,840    2,951,059 
Duke Energy Indiana LLC, 5.25%, 03/01/34
(Call 12/01/33)
   1,635    1,628,741 
Duke Energy Ohio Inc.          
2.13%, 06/01/30 (Call 03/01/30)   2,435    2,037,462 
5.25%, 04/01/33 (Call 01/01/33)(a)   2,175    2,153,741 
Duke Energy Progress LLC          
2.00%, 08/15/31 (Call 05/15/31)(a)   3,690    2,994,438 
3.40%, 04/01/32 (Call 01/01/32)(a)   2,985    2,622,823 
5.10%, 03/15/34 (Call 12/15/33)(a)   2,915    2,868,018 
5.25%, 03/15/33 (Call 12/15/32)(a)   2,350    2,335,484 
Duquesne Light Holdings Inc.          
2.53%, 10/01/30 (Call 07/01/30)(a)(b)   2,715    2,276,905 
2.78%, 01/07/32 (Call 10/07/31)(a)(b)   2,304    1,860,989 
Edison International, 6.95%, 11/15/29
(Call 09/15/29)(a)
   3,525    3,749,087 
Electricite de France SA          
5.95%, 04/22/34 (Call 01/22/34)(b)   5,600    5,641,675 
6.25%, 05/23/33 (Call 02/23/33)(a)(b)   5,785    6,019,386 
Emera U.S. Finance LP, 2.64%, 06/15/31
(Call 03/15/31)
   2,505    2,045,818 
Enel Finance International NV          
2.25%, 07/12/31 (Call 04/12/31)(a)(b)   6,825    5,560,648 
5.00%, 06/15/32 (Call 03/15/32)(b)   5,914    5,627,367 
7.50%, 10/14/32 (Call 07/14/32)(b)   7,350    8,156,459 
Engie Energia Chile SA          
3.40%, 01/28/30 (Call 10/28/29)(a)(b)   2,601    2,255,770 
6.38%, 04/17/34 (Call 01/17/34)(b)   300    303,707 
Engie SA, 5.63%, 04/10/34 (Call 01/10/34)(b)   2,535    2,527,796 
Entergy Arkansas LLC          
5.15%, 01/15/33 (Call 10/15/32)(a)   2,340    2,307,411 
5.30%, 09/15/33 (Call 06/15/33)(a)   1,580    1,567,701 
5.45%, 06/01/34 (Call 03/01/34)(a)   1,600    1,593,167 
Entergy Corp.          
2.40%, 06/15/31 (Call 03/05/31)(a)   3,718    3,055,272 
2.80%, 06/15/30 (Call 03/15/30)(a)   3,665    3,178,646 
Entergy Louisiana LLC          
1.60%, 12/15/30 (Call 09/15/30)(a)   1,876    1,494,977 
2.35%, 06/15/32 (Call 03/15/32)   3,160    2,543,711 
3.05%, 06/01/31 (Call 03/01/31)   1,930    1,670,382 
4.00%, 03/15/33 (Call 12/15/32)   4,600    4,147,165 
5.35%, 03/15/34 (Call 12/15/33)   3,290    3,246,078 
Entergy Mississippi LLC, 5.00%, 09/01/33
(Call 06/01/33)(a)
   1,815    1,752,824 
Entergy Texas Inc., 1.75%, 03/15/31
(Call 12/15/30)
   3,573    2,879,075 
Evergy Inc., 2.90%, 09/15/29 (Call 06/15/29)   4,877    4,333,862 
Evergy Kansas Central Inc., 5.90%, 11/15/33
(Call 08/15/33)
   2,240    2,299,016 
Evergy Metro Inc.          
4.95%, 04/15/33 (Call 01/15/33)(a)   1,860    1,794,491 

 

14

 

 

Schedule of Investments (unaudited) (continued) iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Par
(000)
   Value 
           
Electric (continued)          
5.40%, 04/01/34 (Call 01/01/34)(a)  $2,340   $2,316,019 
Series 2020, 2.25%, 06/01/30
(Call 03/01/30)(a)
   2,622    2,213,492 
Evergy Missouri West Inc.          
3.75%, 03/15/32 (Call 12/15/31)(a)(b)   1,482    1,289,888 
5.65%, 06/01/34 (Call 03/01/34)(b)   1,200    1,198,752 
Eversource Energy          
2.55%, 03/15/31 (Call 12/15/30)   2,195    1,813,393 
3.38%, 03/01/32 (Call 12/01/31)   3,960    3,384,283 
5.13%, 05/15/33 (Call 02/15/33)   4,885    4,678,857 
5.50%, 01/01/34 (Call 10/01/33)(a)   4,030    3,944,808 
5.85%, 04/15/31 (Call 02/15/31)   4,980    5,021,340 
5.95%, 07/15/34 (Call 04/15/34)(a)   4,225    4,256,683 
Series R, 1.65%, 08/15/30 (Call 05/15/30)   3,788    3,024,236 
Exelon Corp.          
3.35%, 03/15/32 (Call 12/15/31)(a)   3,897    3,401,429 
4.05%, 04/15/30 (Call 01/15/30)   7,509    7,041,607 
5.30%, 03/15/33 (Call 12/15/32)(a)   5,511    5,460,530 
5.45%, 03/15/34 (Call 12/15/33)(a)   2,223    2,203,356 
7.60%, 04/01/32   1,570    1,751,031 
FirstEnergy Corp.          
2.65%, 03/01/30 (Call 12/01/29)(a)   290    249,243 
Series B, 2.25%, 09/01/30 (Call 06/01/30)(a)   220    181,604 
Florida Power & Light Co.          
2.45%, 02/03/32 (Call 11/03/31)   8,707    7,221,327 
4.63%, 05/15/30 (Call 03/15/30)   3,377    3,303,246 
4.80%, 05/15/33 (Call 02/15/33)(a)   4,480    4,348,983 
5.10%, 04/01/33 (Call 01/01/33)   4,433    4,388,174 
5.30%, 06/15/34 (Call 03/15/34)   3,750    3,762,545 
5.63%, 04/01/34(a)   2,630    2,705,298 
5.95%, 10/01/33(a)   705    739,457 
Georgia Power Co.          
4.70%, 05/15/32 (Call 02/15/32)(a)   4,133    3,983,683 
4.95%, 05/17/33 (Call 11/17/32)   6,680    6,499,078 
5.25%, 03/15/34 (Call 09/15/33)(a)   5,525    5,486,791 
Series B, 2.65%, 09/15/29 (Call 06/15/29)   3,888    3,448,355 
Indianapolis Power & Light Co., 5.65%,
12/01/32 (Call 09/01/32)(b)
   1,565    1,569,893 
Interstate Power & Light Co.          
2.30%, 06/01/30 (Call 03/01/30)(a)   2,041    1,725,347 
5.70%, 10/15/33 (Call 07/15/33)   2,066    2,085,650 
IPALCO Enterprises Inc.          
4.25%, 05/01/30 (Call 02/01/30)   3,071    2,845,071 
5.75%, 04/01/34 (Call 01/01/34)(b)   530    522,626 
ITC Holdings Corp.          
2.95%, 05/14/30 (Call 02/14/30)(b)   4,439    3,882,544 
5.40%, 06/01/33 (Call 03/01/33)(b)   3,135    3,087,031 
5.65%, 05/09/34 (Call 02/09/34)(b)   1,850    1,845,723 
Jersey Central Power & Light Co., 2.75%,
03/01/32 (Call 12/01/31)(a)(b)
   2,929    2,410,244 
Kentucky Power Co., 7.00%, 11/15/33
(Call 08/15/33)(a)(b)
   2,350    2,482,995 
Kentucky Utilities Co., 5.45%, 04/15/33
(Call 01/15/33)(a)
   2,114    2,125,419 
Liberty Utilities Co., 5.87%, 01/31/34
(Call 10/31/33)(a)(b)
   2,305    2,302,878 
Liberty Utilities Finance GP 1, 2.05%, 09/15/30
(Call 06/15/30)(a)(b)
   5,231    4,247,238 
Louisville Gas & Electric Co., 5.45%, 04/15/33
(Call 01/15/33)
   2,895    2,898,797 
Security  Par
(000)
   Value 
           
Electric (continued)          
Massachusetts Electric Co., 1.73%, 11/24/30
(Call 08/24/30)(a)(b)
  $2,470   $1,950,557 
MidAmerican Energy Co.          
5.35%, 01/15/34 (Call 10/15/33)(a)   1,975    1,994,449 
6.75%, 12/30/31(a)   1,485    1,648,752 
Minejesa Capital BV, 4.63%, 08/10/30(b)   4,965    4,719,928 
Monongahela Power Co., 5.85%, 02/15/34
(Call 11/15/33)(b)
   1,968    1,993,727 
Narragansett Electric Co. (The)          
3.40%, 04/09/30 (Call 01/09/30)(a)(b)   3,819    3,475,852 
5.35%, 05/01/34 (Call 02/01/34)(b)   2,245    2,206,976 
National Grid PLC          
5.42%, 01/11/34 (Call 10/11/33)   4,850    4,733,340 
5.81%, 06/12/33 (Call 03/12/33)(a)   5,079    5,098,292 
National Grid USA, 8.00%, 11/15/30   465    516,158 
National Rural Utilities Cooperative          
Finance Corp.          
1.35%, 03/15/31 (Call 12/15/30)   2,638    2,051,070 
1.65%, 06/15/31 (Call 03/15/31)(a)   2,085    1,640,272 
2.40%, 03/15/30 (Call 12/15/29)   3,227    2,771,022 
2.75%, 04/15/32 (Call 01/15/32)(a)   2,740    2,286,960 
4.02%, 11/01/32 (Call 05/01/32)(a)   2,260    2,057,609 
4.15%, 12/15/32 (Call 09/15/32)(a)   2,650    2,434,283 
5.00%, 02/07/31 (Call 12/07/30)(a)   2,860    2,844,694 
5.80%, 01/15/33 (Call 07/15/32)   4,070    4,193,279 
Series C, 8.00%, 03/01/32   2,635    3,047,758 
Nevada Power Co., Series DD, 2.40%, 05/01/30
(Call 02/01/30)
   2,681    2,284,004 
New York State Electric & Gas Corp.          
2.15%, 10/01/31 (Call 07/01/31)(a)(b)   3,180    2,515,142 
5.85%, 08/15/33 (Call 05/15/33)(b)   1,275    1,291,784 
NextEra Energy Capital Holdings Inc.          
2.25%, 06/01/30 (Call 03/01/30)   11,342    9,578,056 
2.44%, 01/15/32 (Call 10/15/31)   5,458    4,462,213 
2.75%, 11/01/29 (Call 08/01/29)   6,094    5,390,819 
5.00%, 02/28/30 (Call 12/28/29)(a)   4,237    4,187,537 
5.00%, 07/15/32 (Call 04/15/32)   5,890    5,737,794 
5.05%, 02/28/33 (Call 11/28/32)(a)   5,930    5,770,752 
5.25%, 03/15/34 (Call 12/15/33)(a)   6,575    6,438,735 
5.65%, 05/01/79 (Call 05/01/29),
(3-mo. LIBOR US + 3.156%)(c)
   2,771    2,625,950 
6.70%, 09/01/54 (Call 06/01/29),
(5-year CMT + 2.364%)(c)
   165    164,926 
Niagara Mohawk Power Corp.          
1.96%, 06/27/30 (Call 03/27/30)(b)   6,624    5,476,906 
2.76%, 01/10/32 (Call 10/10/31)(a)(b)   1,400    1,146,775 
5.29%, 01/17/34 (Call 10/17/33)(b)   3,310    3,211,782 
Northern States Power Co./MN, 2.25%,
04/01/31 (Call 10/01/30)
   3,890    3,246,326 
NRG Energy Inc., 7.00%, 03/15/33
(Call 12/15/32)(b)
   4,565    4,824,219 
NSTAR Electric Co.          
1.95%, 08/15/31 (Call 05/15/31)(a)   1,834    1,469,143 
3.95%, 04/01/30 (Call 01/01/30)   2,718    2,538,738 
5.40%, 06/01/34 (Call 03/01/34)   2,000    1,996,672 
Oglethorpe Power Corp., 6.19%, 01/01/31(b)   127    128,367 
Ohio Edison Co., 5.50%, 01/15/33
(Call 10/15/32)(a)(b)
   1,555    1,536,514 
Ohio Power Co.          
5.00%, 06/01/33 (Call 03/01/33)   2,124    2,049,282 
5.65%, 06/01/34 (Call 03/01/34)(a)   1,400    1,404,148 

 

15

 

 

Schedule of Investments (unaudited) (continued) iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Par
(000)
   Value 
           
Electric (continued)          
Series D, 6.60%, 03/01/33  $1,770   $1,863,153 
Series G, 6.60%, 02/15/33   805    848,994 
Series P, 2.60%, 04/01/30 (Call 01/01/30)   2,345    2,026,111 
Series Q, 1.63%, 01/15/31 (Call 10/15/30)(a)   2,975    2,369,008 
Oklahoma Gas & Electric Co.          
3.25%, 04/01/30 (Call 10/01/29)(a)   1,955    1,750,189 
3.30%, 03/15/30 (Call 09/15/29)(a)   2,014    1,811,784 
5.40%, 01/15/33 (Call 07/15/32)   2,850    2,852,989 
Oncor Electric Delivery Co. LLC          
2.75%, 05/15/30 (Call 02/15/30)   5,644    4,955,191 
4.15%, 06/01/32 (Call 03/01/32)(a)   3,235    3,003,226 
4.55%, 09/15/32 (Call 06/15/32)   3,804    3,611,907 
5.65%, 11/15/33 (Call 08/15/33)(a)   4,953    5,063,460 
7.00%, 05/01/32   2,950    3,256,925 
7.25%, 01/15/33   1,710    1,926,653 
Pacific Gas and Electric Co.          
2.50%, 02/01/31 (Call 11/01/30)   12,349    10,173,175 
3.25%, 06/01/31 (Call 03/01/31)   5,753    4,943,727 
4.40%, 03/01/32 (Call 12/01/31)(a)   2,644    2,413,795 
4.55%, 07/01/30 (Call 01/01/30)   18,407    17,379,656 
5.80%, 05/15/34 (Call 02/15/34)(a)   3,660    3,651,190 
5.90%, 06/15/32 (Call 03/15/32)   3,466    3,490,023 
6.15%, 01/15/33 (Call 10/15/32)(a)   4,530    4,620,831 
6.40%, 06/15/33 (Call 03/15/33)   6,795    7,053,418 
6.95%, 03/15/34 (Call 12/15/33)   5,508    5,938,830 
PacifiCorp          
5.30%, 02/15/31 (Call 12/15/30)(a)   4,165    4,117,616 
5.45%, 02/15/34 (Call 11/15/33)(a)   7,100    6,940,741 
PacifiCorp.          
2.70%, 09/15/30 (Call 06/15/30)(a)   2,592    2,221,451 
7.70%, 11/15/31   1,340    1,525,693 
PECO Energy Co., 4.90%, 06/15/33 (Call 03/15/33)   3,500    3,418,932 
Perusahaan Perseroan Persero PT Perusahaan          
Listrik Negara          
3.00%, 06/30/30 (Call 03/30/30)(a)(b)   3,843    3,323,503 
3.38%, 02/05/30(a)(b)   3,790    3,367,390 
3.88%, 07/17/29(b)   3,982    3,671,162 
Potomac Electric Power Co., 5.20%, 03/15/34 (Call 12/15/33)   2,255    2,240,746 
PPL Capital Funding Inc., 4.13%, 04/15/30 (Call 01/15/30)   1,385    1,307,316 
PPL Electric Utilities Corp.          
4.85%, 02/15/34 (Call 11/15/33)(a)   2,725    2,633,812 
5.00%, 05/15/33 (Call 02/15/33)   4,363    4,279,116 
Progress Energy Inc.          
7.00%, 10/30/31   2,460    2,694,463 
7.75%, 03/01/31   3,987    4,488,637 
Public Service Co. of Colorado          
1.88%, 06/15/31 (Call 12/15/30)   3,796    3,035,396 
4.10%, 06/01/32 (Call 03/01/32)(a)   1,520    1,396,027 
5.35%, 05/15/34 (Call 11/15/33)   2,150    2,130,476 
Series 35, 1.90%, 01/15/31 (Call 07/15/30)(a)   1,682    1,361,018 
Public Service Co. of New Hampshire          
5.35%, 10/01/33 (Call 07/01/33)   3,825    3,834,265 
Series V, 2.20%, 06/15/31 (Call 03/15/31)(a)   1,460    1,202,470 
Public Service Co. of Oklahoma          
5.25%, 01/15/33 (Call 10/15/32)   3,215    3,133,436 
Series J, 2.20%, 08/15/31 (Call 05/15/31)   2,740    2,198,020 
Public Service Electric & Gas Co.
1.90%, 08/15/31 (Call 05/15/31)(a)
   3,128    2,511,143 
Security  Par
(000)
   Value 
           
Electric (continued)          
2.45%, 01/15/30 (Call 10/15/29)(a)  $2,228   $1,928,696 
3.10%, 03/15/32 (Call 12/15/31)(a)   2,650    2,290,831 
4.65%, 03/15/33 (Call 12/15/32)   3,015    2,888,889 
4.90%, 12/15/32 (Call 09/15/32)   2,555    2,494,138 
5.20%, 08/01/33 (Call 05/01/33)(a)   2,035    2,023,187 
5.20%, 03/01/34 (Call 12/01/33)(a)   2,895    2,875,803 
Public Service Enterprise Group Inc.          
1.60%, 08/15/30 (Call 05/15/30)(a)   3,345    2,683,562 
2.45%, 11/15/31 (Call 08/15/31)   4,370    3,579,854 
5.45%, 04/01/34 (Call 01/01/34)   3,175    3,136,075 
6.13%, 10/15/33 (Call 07/15/33)(a)   2,626    2,720,861 
Puget Energy Inc.          
4.10%, 06/15/30 (Call 03/15/30)(a)   3,272    2,988,540 
4.22%, 03/15/32 (Call 12/15/31)   2,590    2,302,572 
RWE Finance U.S. LLC, 5.88%, 04/16/34
(Call 01/16/34)(a)(b)
   7,125    7,131,940 
San Diego Gas & Electric Co.          
Series VVV, 1.70%, 10/01/30 (Call 07/01/30)   5,281    4,281,161 
Series XXX, 3.00%, 03/15/32
(Call 12/15/31)(a)
   2,878    2,466,240 
Sempra          
5.50%, 08/01/33 (Call 05/01/33)(a)   4,669    4,648,992 
6.88%, 10/01/54 (Call 07/01/29),
(5-year CMT + 2.789%)(c)
   150    148,528 
Sociedad de Transmision Austral SA, 4.00%,          
01/27/32 (Call 10/27/31)(a)(b)   2,180    1,926,941 
Southern California Edison Co.          
2.25%, 06/01/30 (Call 03/01/30)   3,641    3,062,805 
2.75%, 02/01/32 (Call 11/01/31)(a)   2,950    2,462,067 
5.20%, 06/01/34 (Call 03/01/34)(a)   2,660    2,589,619 
5.45%, 06/01/31 (Call 04/01/31)   3,370    3,381,228 
5.95%, 11/01/32 (Call 08/01/32)(a)   4,715    4,869,559 
6.00%, 01/15/34   525    541,615 
Series G, 2.50%, 06/01/31 (Call 03/01/31)   3,541    2,950,750 
Southern Co. (The)          
5.20%, 06/15/33 (Call 12/15/32)(a)   4,610    4,519,525 
5.70%, 10/15/32 (Call 04/15/32)(a)   2,875    2,927,625 
5.70%, 03/15/34 (Call 09/15/33)(a)   6,575    6,670,447 
Series A, 3.70%, 04/30/30 (Call 01/30/30)   6,081    5,607,008 
Southwestern Electric Power Co., 5.30%,
04/01/33 (Call 01/01/33)
   2,360    2,281,163 
Tampa Electric Co., 2.40%, 03/15/31
(Call 12/15/30)(a)
   2,401    2,011,303 
Three Gorges Finance I Cayman Islands Ltd.,
2.15%, 09/22/30 (Call 06/22/30)(b)
   340    290,284 
Tucson Electric Power Co.          
1.50%, 08/01/30 (Call 05/01/30)(a)   3,274    2,634,803 
3.25%, 05/15/32 (Call 02/15/32)(a)   1,326    1,144,499 
Union Electric Co.          
2.15%, 03/15/32 (Call 12/15/31)   3,115    2,489,083 
2.95%, 03/15/30 (Call 12/15/29)   2,999    2,656,188 
5.20%, 04/01/34 (Call 01/01/34)   3,140    3,095,121 
Virginia Electric & Power Co.          
2.30%, 11/15/31 (Call 08/15/31)   2,996    2,452,188 
2.40%, 03/30/32 (Call 12/30/31)   3,430    2,799,821 
5.00%, 04/01/33 (Call 01/01/33)   4,610    4,469,808 
5.00%, 01/15/34 (Call 10/15/33)   3,115    3,011,313 
5.30%, 08/15/33 (Call 05/15/33)(a)   2,515    2,484,240 
Series A, 2.88%, 07/15/29 (Call 04/15/29)   1,780    1,601,162 
Vistra Operations Co. LLC
4.30%, 07/15/29 (Call 04/15/29)(b)
   2,543    2,382,185 

 

16

 

 

Schedule of Investments (unaudited) (continued) iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Par
(000)
   Value 
           
Electric (continued)          
6.00%, 04/15/34 (Call 01/15/34)(a)(b)  $3,520   $3,525,039 
6.95%, 10/15/33 (Call 07/15/33)(a)(b)   5,365    5,715,049 
WEC Energy Group Inc., 1.80%, 10/15/30
(Call 07/15/30)
   3,134    2,542,558 
Wisconsin Electric Power Co.          
4.75%, 09/30/32 (Call 06/30/32)(a)   4,600    4,479,815 
5.63%, 05/15/33(a)   595    618,623 
Wisconsin Power and Light Co.          
1.95%, 09/16/31 (Call 06/16/31)   3,045    2,427,866 
3.00%, 07/01/29 (Call 04/01/29)   383    348,065 
3.95%, 09/01/32 (Call 06/01/32)(a)   3,912    3,552,084 
4.95%, 04/01/33 (Call 01/01/33)   2,981    2,858,653 
5.38%, 03/30/34 (Call 12/30/33)   2,080    2,053,272 
Xcel Energy Inc.          
2.35%, 11/15/31 (Call 05/15/31)   1,845    1,480,203 
2.60%, 12/01/29 (Call 06/01/29)   3,300    2,869,865 
3.40%, 06/01/30 (Call 12/01/29)   3,553    3,182,776 
4.60%, 06/01/32 (Call 12/01/31)   3,395    3,158,937 
5.45%, 08/15/33 (Call 02/15/33)   3,860    3,789,500 
5.50%, 03/15/34 (Call 09/15/33)   4,220    4,151,908 
         1,013,591,658 
Electrical Components & Equipment — 0.1%          
Acuity Brands Lighting Inc., 2.15%, 12/15/30
(Call 09/15/30)(a)
   3,436    2,829,122 
Emerson Electric Co.          
1.95%, 10/15/30 (Call 07/15/30)   3,260    2,743,099 
2.20%, 12/21/31 (Call 09/21/31)   6,119    5,071,808 
6.00%, 08/15/32(a)   55    57,691 
         10,701,720 
Electronics — 0.7%          
Allegion PLC, 3.50%, 10/01/29 (Call 07/01/29)   2,534    2,320,944 
Allegion U.S. Holding Co. Inc.          
5.41%, 07/01/32 (Call 04/01/32)(a)   3,623    3,584,902 
5.60%, 05/29/34 (Call 02/28/34)   2,380    2,375,797 
Amphenol Corp.          
2.20%, 09/15/31 (Call 06/15/31)   4,585    3,750,008 
2.80%, 02/15/30 (Call 11/15/29)   5,804    5,140,833 
4.35%, 06/01/29 (Call 03/01/29)   304    293,792 
5.25%, 04/05/34 (Call 01/05/34)(a)   2,005    1,998,504 
Arrow Electronics Inc.          
2.95%, 02/15/32 (Call 11/15/31)(a)   3,488    2,914,697 
5.88%, 04/10/34 (Call 01/10/34)   2,675    2,625,572 
Avnet Inc.          
3.00%, 05/15/31 (Call 02/15/31)   2,181    1,796,240 
5.50%, 06/01/32 (Call 03/01/32)(a)   1,955    1,865,891 
Flex Ltd.          
4.88%, 06/15/29 (Call 03/15/29)(a)   629    608,432 
4.88%, 05/12/30 (Call 02/12/30)   4,416    4,258,883 
Honeywell International Inc.          
1.75%, 09/01/31 (Call 06/01/31)   8,931    7,207,096 
1.95%, 06/01/30 (Call 03/01/30)(a)   6,337    5,364,284 
4.50%, 01/15/34 (Call 10/15/33)   6,287    5,997,733 
4.88%, 09/01/29 (Call 08/01/29)(a)   1,880    1,875,442 
4.95%, 09/01/31 (Call 07/01/31)(a)   3,560    3,545,917 
5.00%, 02/15/33 (Call 11/15/32)   6,472    6,457,208 
Hubbell Inc., 2.30%, 03/15/31 (Call 12/15/30)(a)   1,751    1,450,620 
Jabil Inc.          
3.00%, 01/15/31 (Call 10/15/30)   3,985    3,387,635 
3.60%, 01/15/30 (Call 10/15/29)   3,198    2,867,667 
Security  Par
(000)
   Value 
           
Electronics (continued)          
Keysight Technologies Inc., 3.00%, 10/30/29
(Call 07/30/29)(a)
  $3,197   $2,844,503 
TD Synnex Corp., 6.10%, 04/12/34
(Call 01/12/34)(a)
   1,595    1,607,602 
TD SYNNEX Corp., 2.65%, 08/09/31
(Call 05/09/31)(a)
   3,046    2,491,275 
Trimble Inc., 6.10%, 03/15/33
(Call 12/15/32)(a)
   4,768    4,913,684 
Tyco Electronics Group SA, 2.50%, 02/04/32
(Call 12/04/31)(a)
   3,091    2,595,056 
Vontier Corp., 2.95%, 04/01/31
(Call 01/01/31)(a)
   3,840    3,155,464 
         89,295,681 
Engineering & Construction — 0.1%          
CIMIC Finance USA Pty. Ltd., 7.00%, 03/25/34
(Call 12/25/33)(a)(b)
   2,885    2,910,060 
Jacobs Engineering Group Inc., 5.90%, 03/01/33
(Call 12/01/32)(a)
   2,295    2,280,914 
Sitios Latinoamerica SAB de CV, 5.38%, 04/04/32
(Call 01/04/32)(a)(b)
   6,145    5,679,805 
Ste Transcore Holdings Inc., 3.75%, 05/05/32
(Call 11/05/31)(a)(b)
   2,140    1,945,560 
Summit Digitel Infrastructure Ltd., 2.88%, 08/12/31
(Call 08/12/30)(a)(b)
   680    561,522 
         13,377,861 
Entertainment — 0.2%          
Genm Capital Labuan Ltd., 3.88%, 04/19/31
(Call 01/19/31)(a)(b)
   3,175    2,770,385 
Warnermedia Holdings Inc., 4.28%, 03/15/32
(Call 12/15/31)(a)
   29,618    25,921,902 
         28,692,287 
Environmental Control — 0.5%          
Republic Services Inc.          
1.45%, 02/15/31 (Call 11/15/30)   4,167    3,290,228 
1.75%, 02/15/32 (Call 11/15/31)(a)   3,819    2,987,896 
2.30%, 03/01/30 (Call 12/01/29)   4,188    3,601,267 
2.38%, 03/15/33 (Call 12/15/32)(a)   3,990    3,172,254 
5.00%, 12/15/33 (Call 09/15/33)   3,420    3,334,044 
5.00%, 04/01/34 (Call 01/01/34)   4,245    4,142,713 
Veralto Corp., 5.45%, 09/18/33
(Call 06/18/33)(b)
   4,328    4,285,714 
Waste Connections Inc.          
2.20%, 01/15/32 (Call 10/15/31)(a)   3,857    3,116,049 
2.60%, 02/01/30 (Call 11/01/29)(a)   4,048    3,550,064 
3.20%, 06/01/32 (Call 03/01/32)(a)   2,987    2,579,427 
4.20%, 01/15/33 (Call 10/15/32)   4,322    3,998,639 
5.00%, 03/01/34 (Call 12/01/33)   3,770    3,669,094 
Waste Management Inc.          
1.50%, 03/15/31 (Call 12/15/30)   6,176    4,927,788 
4.15%, 04/15/32 (Call 01/15/32)(a)   5,920    5,561,989 
4.63%, 02/15/30 (Call 12/15/29)   4,745    4,647,370 
4.63%, 02/15/33 (Call 11/15/32)(a)   3,010    2,894,088 
4.88%, 02/15/34 (Call 11/15/33)   6,660    6,498,585 
         66,257,209 
Equity Funds — 0.0%          
Brookfield Finance Inc., 6.35%, 01/05/34
(Call 10/05/33)(a)
   3,685    3,857,853 
           
Food — 1.7%          
Bimbo Bakeries USA Inc., 6.40%, 01/15/34
(Call 10/15/33)(a)(b)
   2,200    2,317,762 

 

17

 

 

Schedule of Investments (unaudited) (continued) iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Par
(000)
   Value 
           
Food (continued)          
Campbell Soup Co.          
2.38%, 04/24/30 (Call 01/24/30)(a)  $3,240   $2,759,583 
5.40%, 03/21/34 (Call 12/21/33)(a)   3,785    3,744,282 
Cencosud SA, 5.95%, 05/28/31
(Call 03/28/31)(b)
   65    64,249 
CK Hutchison International 20 Ltd., 2.50%,
05/08/30 (Call 02/08/30)(a)(b)
   2,145    1,838,718 
CK Hutchison International 21 Ltd., 2.50%,
04/15/31 (Call 01/15/31)(a)(b)
   3,775    3,172,995 
Conagra Brands Inc., 8.25%, 09/15/30   2,145    2,446,600 
Flowers Foods Inc., 2.40%, 03/15/31
(Call 12/15/30)(a)
   3,415    2,816,931 
General Mills Inc.          
2.25%, 10/14/31 (Call 07/14/31)   3,403    2,790,615 
2.88%, 04/15/30 (Call 01/15/30)   4,685    4,144,856 
4.95%, 03/29/33 (Call 12/29/32)(a)   6,445    6,259,074 
Hershey Co. (The)          
1.70%, 06/01/30 (Call 03/01/30)   2,493    2,069,417 
2.45%, 11/15/29 (Call 08/15/29)   2,012    1,775,169 
4.50%, 05/04/33 (Call 02/04/33)(a)   1,995    1,936,575 
Hormel Foods Corp., 1.80%, 06/11/30
(Call 03/11/30)(a)
   6,283    5,234,444 
Ingredion Inc., 2.90%, 06/01/30 (Call 03/01/30)   3,860    3,373,713 
J.M. Smucker Co. (The)          
2.13%, 03/15/32 (Call 12/15/31)(a)   3,445    2,740,559 
2.38%, 03/15/30 (Call 12/15/29)   3,189    2,738,649 
6.20%, 11/15/33 (Call 08/15/33)(a)   6,120    6,393,252 
JBS USA Holding Lux SARL/ JBS USA Food          
Co./ JBS Lux Co. SARL          
3.00%, 05/15/32 (Call 02/15/32)   5,853    4,753,613 
3.63%, 01/15/32 (Call 01/15/27)   5,640    4,835,933 
3.75%, 12/01/31 (Call 12/01/26)(a)   2,977    2,576,771 
5.50%, 01/15/30 (Call 01/15/25)   7,475    7,299,841 
5.75%, 04/01/33 (Call 01/01/33)   12,275    12,096,886 
6.75%, 03/15/34 (Call 12/15/33)(b)   9,625    10,112,497 
Kellanova          
2.10%, 06/01/30 (Call 03/01/30)   3,198    2,688,757 
5.25%, 03/01/33 (Call 12/01/32)(a)   2,775    2,759,539 
Series B, 7.45%, 04/01/31(a)   3,793    4,235,685 
Kraft Heinz Foods Co.          
3.75%, 04/01/30 (Call 01/01/30)(a)   4,748    4,414,434 
4.25%, 03/01/31 (Call 12/01/30)   2,579    2,439,694 
6.75%, 03/15/32(a)   2,092    2,277,484 
Kroger Co. (The)          
1.70%, 01/15/31 (Call 10/15/30)(a)   3,615    2,893,688 
2.20%, 05/01/30 (Call 02/01/30)   3,122    2,642,064 
7.50%, 04/01/31(a)   1,755    1,963,209 
8.00%, 09/15/29(a)   1,529    1,715,393 
Series B, 7.70%, 06/01/29(a)   1,530    1,683,556 
Mars Inc.          
1.63%, 07/16/32 (Call 04/16/32)(b)   2,900    2,240,486 
3.20%, 04/01/30 (Call 01/01/30)(b)   4,372    3,968,322 
4.65%, 04/20/31 (Call 02/20/31)(a)(b)   3,255    3,172,317 
4.75%, 04/20/33 (Call 01/20/33)(a)(b)   6,395    6,189,587 
McCormick & Co. Inc./MD          
1.85%, 02/15/31 (Call 11/15/30)   3,262    2,635,011 
2.50%, 04/15/30 (Call 01/15/30)(a)   3,279    2,819,656 
4.95%, 04/15/33 (Call 01/15/33)(a)   3,373    3,274,079 
Mondelez International Inc.          
1.50%, 02/04/31 (Call 11/04/30)(a)   3,452    2,744,748 
1.88%, 10/15/32 (Call 07/15/32)(a)   3,605    2,827,584 
Security  Par
(000)
   Value 
           
Food (continued)          
2.75%, 04/13/30 (Call 01/13/30)(a)  $4,641   $4,083,734 
3.00%, 03/17/32 (Call 12/17/31)   4,805    4,119,074 
6.50%, 11/01/31(a)   1,075    1,154,283 
Nestle Capital Corp.          
4.75%, 03/12/31 (Call 01/12/31)(b)   1,585    1,557,945 
4.88%, 03/12/34 (Call 12/12/33)(a)(b)   6,235    6,117,632 
Nestle Holdings Inc.          
1.25%, 09/15/30 (Call 06/15/30)(a)(b)   6,430    5,154,670 
1.88%, 09/14/31 (Call 06/14/31)(a)(b)   5,245    4,274,020 
4.25%, 10/01/29 (Call 08/01/29)(a)(b)   3,048    2,959,021 
4.30%, 10/01/32 (Call 07/01/32)(a)(b)   7,073    6,817,868 
4.85%, 03/14/33 (Call 12/14/32)(a)(b)   4,448    4,424,197 
4.95%, 03/14/30 (Call 01/14/30)(a)(b)   3,025    3,023,596 
5.00%, 09/12/30 (Call 07/12/30)(a)(b)   3,065    3,073,759 
5.00%, 09/12/33 (Call 06/12/33)(a)(b)   2,005    2,013,093 
Smithfield Foods Inc.          
2.63%, 09/13/31 (Call 06/13/31)(b)   2,975    2,351,810 
3.00%, 10/15/30 (Call 07/15/30)(b)   3,044    2,572,130 
Sysco Corp.          
2.40%, 02/15/30 (Call 11/15/29)   3,012    2,588,325 
2.45%, 12/14/31 (Call 09/14/31)   2,842    2,337,816 
5.95%, 04/01/30 (Call 01/01/30)   5,999    6,226,365 
6.00%, 01/17/34 (Call 10/17/33)(a)   3,035    3,174,248 
Tyson Foods Inc., 5.70%, 03/15/34
(Call 12/15/33)
   3,600    3,578,594 
         231,480,457 
Forest Products & Paper — 0.3%          
Celulosa Arauco y Constitucion SA, 4.20%,
01/29/30 (Call 10/29/29)(a)(b)
   2,547    2,351,110 
Georgia-Pacific LLC          
2.30%, 04/30/30 (Call 01/30/30)(b)   6,143    5,257,706 
7.75%, 11/15/29(a)   3,216    3,610,980 
8.88%, 05/15/31   1,406    1,711,107 
Inversiones CMPC SA          
3.00%, 04/06/31 (Call 01/06/31)(a)(b)   3,055    2,570,746 
3.85%, 01/13/30 (Call 10/13/29)(b)   1,920    1,740,027 
6.13%, 06/23/33 (Call 03/23/33)(a)(b)   835    837,751 
6.13%, 02/26/34 (Call 11/26/33)(a)(b)   3,795    3,812,370 
Suzano Austria GmbH          
3.13%, 01/15/32 (Call 10/15/31)   6,325    5,103,984 
3.75%, 01/15/31 (Call 10/15/30)(a)   7,664    6,603,809 
5.00%, 01/15/30 (Call 10/15/29)   6,310    5,934,271 
         39,533,861 
Gas — 0.7%          
Atmos Energy Corp.          
1.50%, 01/15/31 (Call 10/15/30)   3,676    2,931,200 
2.63%, 09/15/29 (Call 06/15/29)(a)   2,706    2,408,157 
5.45%, 10/15/32 (Call 07/15/32)(a)   1,494    1,514,827 
5.90%, 11/15/33 (Call 08/15/33)(a)   2,694    2,812,171 
Boston Gas Co.          
3.00%, 08/01/29 (Call 05/01/29)(b)   2,060    1,830,437 
3.76%, 03/16/32 (Call 12/16/31)(b)   2,475    2,147,205 
Brooklyn Union Gas Co. (The)          
4.87%, 08/05/32 (Call 05/05/32)(b)   2,350    2,175,244 
6.39%, 09/15/33 (Call 06/15/33)(a)(b)   2,598    2,647,968 
CenterPoint Energy Resources Corp.          
1.75%, 10/01/30 (Call 07/01/30)   2,880    2,332,524 
4.40%, 07/01/32 (Call 04/01/32)(a)   3,035    2,836,570 
5.40%, 03/01/33 (Call 12/01/32)   3,628    3,613,416 

 

18

 

 

Schedule of Investments (unaudited) (continued) iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Par
(000)
   Value 
           
Gas (continued)          
East Ohio Gas Co. (The), 2.00%, 06/15/30
(Call 03/15/30)(b)
  $2,771   $2,270,782 
ENN Energy Holdings Ltd., 2.63%, 09/17/30
(Call 06/17/30)(b)
   305    261,649 
Grupo Energia Bogota SA ESP          
4.88%, 05/15/30 (Call 02/15/30)(a)(b)   2,145    2,016,421 
7.85%, 11/09/33 (Call 07/09/33)(b)   285    314,822 
KeySpan Gas East Corp., 5.99%, 03/06/33
(Call 12/06/32)(a)(b)
   3,071    3,070,116 
Korea Gas Corp., 2.88%, 07/16/29(a)(b)   2,625    2,366,263 
Nakilat Inc., 6.07%, 12/31/33(b)   112    116,416 
National Fuel Gas Co., 2.95%, 03/01/31
(Call 12/01/30)
   3,450    2,877,159 
NiSource Inc.          
1.70%, 02/15/31 (Call 11/15/30)   4,229    3,356,347 
2.95%, 09/01/29 (Call 06/01/29)(a)   4,165    3,722,229 
3.60%, 05/01/30 (Call 02/01/30)   5,715    5,213,865 
5.35%, 04/01/34 (Call 01/01/34)   3,415    3,339,556 
5.40%, 06/30/33 (Call 03/30/33)   2,740    2,703,406 
ONE Gas Inc.          
2.00%, 05/15/30 (Call 02/15/30)(a)   1,595    1,336,004 
4.25%, 09/01/32 (Call 06/01/32)(a)   865    810,772 
Piedmont Natural Gas Co. Inc.          
2.50%, 03/15/31 (Call 12/15/30)(a)   1,989    1,661,171 
3.50%, 06/01/29 (Call 03/01/29)   1,134    1,043,743 
5.40%, 06/15/33 (Call 03/15/33)(a)   2,525    2,517,718 
Promigas SA ESP/Gases del Pacifico SAC,
3.75%, 10/16/29 (Call 07/16/29)(a)(b)
   2,835    2,532,591 
Sempra Global, 3.25%, 01/15/32
(Call 10/15/31)(a)(b)
   2,952    2,429,743 
Southern California Gas Co.
5.20%, 06/01/33 (Call 03/01/33)(a)
   3,251    3,220,524 
Series XX, 2.55%, 02/01/30 (Call 11/01/29)   3,590    3,114,797 
Southern Co. Gas Capital Corp.
5.15%, 09/15/32 (Call 03/15/32)
   3,035    2,995,374 
5.75%, 09/15/33 (Call 03/15/33)(a)   2,948    3,012,825 
Series 2020-A, 1.75%, 01/15/31
(Call 10/15/30)
   2,841    2,292,100 
Southwest Gas Corp.          
2.20%, 06/15/30 (Call 03/15/30)   2,529    2,117,093 
4.05%, 03/15/32 (Call 12/15/31)   4,255    3,839,038 
Spire Missouri Inc., 4.80%, 02/15/33
(Call 11/15/32)(a)
   1,280    1,232,312 
         93,034,555 
Hand & Machine Tools — 0.2%          
Kennametal Inc., 2.80%, 03/01/31
(Call 12/01/30)(a)
   1,742    1,457,537 
Regal Rexnord Corp.          
6.30%, 02/15/30 (Call 12/15/29)   6,476    6,629,581 
6.40%, 04/15/33 (Call 01/15/33)(a)   6,065    6,242,845 
Stanley Black & Decker Inc.          
2.30%, 03/15/30 (Call 12/15/29)(a)   4,924    4,159,576 
3.00%, 05/15/32 (Call 02/15/32)(a)   3,109    2,621,029 
         21,110,568 
Health Care - Products — 1.2%          
Abbott Laboratories, 1.40%, 06/30/30
(Call 03/30/30)(a)
   4,305    3,541,485 
Agilent Technologies Inc.          
2.10%, 06/04/30 (Call 03/04/30)(a)   3,176    2,659,935 
2.30%, 03/12/31 (Call 12/12/30)   5,166    4,290,221 
Security  Par
(000)
   Value 
           
Health Care - Products (continued)          
2.75%, 09/15/29 (Call 06/15/29)(a)  $3,134   $2,783,242 
Alcon Finance Corp.          
2.60%, 05/27/30 (Call 02/27/30)(b)   4,584    3,953,305 
3.00%, 09/23/29 (Call 06/23/29)(b)   5,901    5,316,163 
5.38%, 12/06/32 (Call 09/06/32)(b)   4,458    4,441,650 
Baxter International Inc.          
1.73%, 04/01/31 (Call 01/01/31)(a)   4,444    3,498,884 
2.54%, 02/01/32 (Call 11/01/31)(a)   9,370    7,611,002 
3.95%, 04/01/30 (Call 01/01/30)(a)   3,271    3,023,334 
Boston Scientific Corp., 2.65%, 06/01/30
(Call 03/01/30)
   7,469    6,509,951 
Dentsply Sirona Inc., 3.25%, 06/01/30
(Call 03/01/30)
   4,708    4,101,293 
DH Europe Finance II Sarl, 2.60%, 11/15/29
(Call 08/15/29)(a)
   4,920    4,355,747 
GE HealthCare Technologies Inc.          
5.86%, 03/15/30 (Call 01/15/30)   7,730    7,923,846 
5.91%, 11/22/32 (Call 08/22/32)(a)   10,853    11,169,329 
Medtronic Global Holdings SCA, 4.50%,
03/30/33 (Call 12/30/32)(a)
   6,240    5,967,573 
Revvity Inc.          
2.25%, 09/15/31 (Call 06/15/31)   3,384    2,748,887 
2.55%, 03/15/31 (Call 12/15/30)(a)   2,733    2,276,770 
3.30%, 09/15/29 (Call 06/15/29)   4,980    4,516,456 
Smith & Nephew PLC          
2.03%, 10/14/30 (Call 07/14/30)(a)   6,265    5,132,871 
5.40%, 03/20/34 (Call 12/20/33)(a)   1,615    1,582,422 
Solventum Corp.          
5.45%, 03/13/31 (Call 01/13/31)(b)   6,475    6,385,470 
5.60%, 03/23/34 (Call 12/23/33)(b)   9,425    9,259,496 
STERIS Irish FinCo UnLtd Co., 2.70%, 03/15/31
(Call 12/15/30)(a)
   4,342    3,671,493 
Stryker Corp., 1.95%, 06/15/30 (Call 03/15/30)   6,240    5,230,303 
Thermo Fisher Scientific Inc.          
2.00%, 10/15/31 (Call 07/15/31)(a)   7,476    6,079,082 
2.60%, 10/01/29 (Call 07/01/29)   5,514    4,896,498 
4.95%, 11/21/32 (Call 08/21/32)   3,928    3,877,716 
4.98%, 08/10/30 (Call 06/10/30)   4,770    4,745,811 
5.09%, 08/10/33 (Call 05/10/33)   6,310    6,262,806 
5.20%, 01/31/34 (Call 10/31/33)(a)   3,335    3,341,053 
Zimmer Biomet Holdings Inc.          
2.60%, 11/24/31 (Call 08/24/31)   4,903    4,062,580 
3.55%, 03/20/30 (Call 12/20/29)(a)   1,808    1,631,938 
         156,848,612 
Health Care - Services — 2.6%          
Adventist Health System/West, 5.43%, 03/01/32
(Call 12/01/31)(a)
   1,140    1,123,269 
Advocate Health & Hospitals Corp., Series
2020, 2.21%, 06/15/30 (Call 03/15/30)(a)
   295    252,351 
Ascension Health, Series B, 2.53%, 11/15/29
(Call 08/15/29)
   5,379    4,732,710 
Banner Health          
1.90%, 01/01/31 (Call 07/01/30)(a)   1,156    951,845 
2.34%,01/01/30(Call10/01/29)(a)   2,005    1,730,688 
Baylor Scott & White Holdings, Series 2021,
1.78%, 11/15/30 (Call 05/15/30)
   2,060    1,674,160 
Bon Secours Mercy Health Inc.          
3.46%, 06/01/30 (Call 12/01/29)(a)   2,590    2,378,577 
Series 20-2, 2.10%, 06/01/31
(Call 12/01/30)(a)
   2,210    1,815,644 

 

19

 

 

Schedule of Investments (unaudited) (continued) iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Par
(000)
   Value 
           
Health Care - Services (continued)          
Cedars-Sinai Health System, Series 2021,
2.29%, 08/15/31 (Call 02/15/31)
  $1,705   $1,399,346 
Centene Corp.          
2.50%, 03/01/31 (Call 12/01/30)   12,963    10,564,289 
2.63%, 08/01/31 (Call 05/01/31)   7,743    6,300,239 
3.00%, 10/15/30 (Call 07/15/30)   13,188    11,213,067 
3.38%, 02/15/30 (Call 02/15/25)(a)   11,756    10,349,616 
4.63%, 12/15/29 (Call 12/15/24)(a)   19,324    18,191,057 
CommonSpirit Health          
2.78%, 10/01/30 (Call 04/01/30)   910    782,679 
3.35%, 10/01/29 (Call 04/01/29)   3,963    3,620,517 
Elevance Health Inc.          
2.25%, 05/15/30 (Call 02/15/30)   6,687    5,671,316 
2.55%, 03/15/31 (Call 12/15/30)   6,494    5,487,585 
2.88%, 09/15/29 (Call 06/15/29)(a)   5,085    4,536,905 
4.10%, 05/15/32 (Call 02/15/32)   3,866    3,561,202 
4.75%, 02/15/33 (Call 11/15/32)(a)   6,215    5,959,993 
5.38%, 06/15/34 (Call 03/15/34)   3,800    3,788,892 
5.50%, 10/15/32 (Call 07/15/32)(a)   4,424    4,466,805 
Fresenius Medical Care U.S. Finance III Inc.          
2.38%, 02/16/31 (Call 11/16/30)(a)(b)   5,510    4,365,937 
3.00%, 12/01/31 (Call 09/01/31)(a)(b)   3,130    2,529,061 
3.75%, 06/15/29 (Call 03/15/29)(b)   1,276    1,150,615 
HCA Inc.          
2.38%, 07/15/31 (Call 04/15/31)   5,158    4,208,050 
3.50%, 09/01/30 (Call 03/01/30)   16,491    14,756,812 
3.63%, 03/15/32 (Call 12/15/31)   11,854    10,357,826 
5.45%, 04/01/31 (Call 02/01/31)(a)   4,940    4,908,891 
5.50%, 06/01/33 (Call 03/01/33)(a)   8,040    7,950,031 
5.60%, 04/01/34 (Call 01/01/34)(a)   8,145    8,074,664 
7.50%, 11/06/33(a)   1,185    1,301,962 
Health Care Service Corp. A Mutual Legal          
Reserve Co., 2.20%, 06/01/30
(Call 03/01/30)(b)
   5,054    4,241,091 
Highmark Inc., 2.55%, 05/10/31
(Call 02/10/31)(a)(b)
   2,844    2,279,927 
Humana Inc.          
2.15%, 02/03/32 (Call 11/03/31)   4,876    3,859,063 
3.13%, 08/15/29 (Call 05/15/29)(a)   1,548    1,393,421 
4.88%, 04/01/30 (Call 01/01/30)   3,244    3,164,361 
5.38%, 04/15/31 (Call 02/15/31)   5,560    5,505,283 
5.88%, 03/01/33 (Call 12/01/32)(a)   5,071    5,137,525 
5.95%, 03/15/34 (Call 12/15/33)(a)   5,675    5,786,529 
ICON Investments Six DAC, 6.00%, 05/08/34 (Call 02/08/34)(a)   1,700    1,730,956 
Laboratory Corp. of America Holdings          
2.70%, 06/01/31 (Call 03/01/31)(a)   3,325    2,814,193 
2.95%, 12/01/29 (Call 09/01/29)   4,055    3,608,782 
OhioHealth Corp., 2.30%, 11/15/31 (Call 05/15/31)(a)   1,705    1,410,703 
Piedmont Healthcare Inc., 2.04%, 01/01/32 (Call 07/01/31)   1,540    1,234,495 
Providence St. Joseph Health Obligated Group          
5.40%, 10/01/33 (Call 04/01/33)(a)   643    644,372 
Series 19A, 2.53%, 10/01/29 (Call 07/01/29)(a)   3,627    3,172,474 
Quest Diagnostics Inc.          
2.80%, 06/30/31 (Call 03/30/31)(a)   3,668    3,127,515 
2.95%, 06/30/30 (Call 03/30/30)   5,122    4,515,892 
4.20%, 06/30/29 (Call 03/30/29)   225    216,254 
6.40%, 11/30/33 (Call 08/30/33)(a)   4,693    5,009,575 
Security  Par
(000)
   Value 
           
Health Care - Services (continued)          
Roche Holdings Inc.          
2.08%, 12/13/31 (Call 09/13/31)(a)(b)  $12,024   $9,777,163 
4.91%, 03/08/31 (Call 01/08/31)(b)   4,550    4,515,321 
4.99%, 03/08/34 (Call 12/08/33)(b)   8,595    8,496,839 
5.49%, 11/13/30 (Call 09/13/30)(a)(b)   7,368    7,525,608 
5.59%, 11/13/33 (Call 08/13/33)(b)   9,160    9,462,889 
Rush Obligated Group, Series 2020, 3.92%,
11/15/29 (Call 08/15/29)(a)
   1,692    1,592,949 
Stanford Health Care, Series 2020, 3.31%,
08/15/30 (Call 05/15/30)(a)
   1,010    917,475 
Sutter Health          
5.16%, 08/15/33 (Call 02/15/33)   150    149,380 
Series 20A, 2.29%, 08/15/30
(Call 02/15/30)(a)
   3,385    2,888,239 
UnitedHealth Group Inc.          
2.00%, 05/15/30   8,341    7,026,169 
2.30%, 05/15/31 (Call 02/15/31)   9,510    7,948,733 
2.88%, 08/15/29   3,916    3,527,854 
4.20%, 05/15/32 (Call 02/15/32)   9,265    8,677,239 
4.50%, 04/15/33 (Call 01/15/33)   8,989    8,528,959 
4.90%, 04/15/31 (Call 02/15/31)   6,525    6,426,257 
5.00%, 04/15/34 (Call 01/15/34)   5,805    5,695,376 
5.30%, 02/15/30 (Call 12/15/29)   9,448    9,562,757 
5.35%, 02/15/33 (Call 11/15/32)(a)   11,769    11,883,404 
Universal Health Services Inc.          
2.65%, 10/15/30 (Call 07/15/30)   5,009    4,222,153 
2.65%, 01/15/32 (Call 10/15/31)   3,262    2,651,431 
UPMC, 5.04%, 05/15/33 (Call 02/15/33)(a)   775    757,976 
         351,243,183 
Holding Companies - Diversified — 0.1%          
Ares Capital Corp., 3.20%,
11/15/31 (Call 08/15/31)(a)
   4,894    4,054,755 
Blackstone Private Credit Fund, 6.25%,
01/25/31 (Call 11/25/30)(a)(b)
   1,425    1,423,445 
Blue Owl Credit Income Corp., 6.65%, 03/15/31
(Call 01/15/31)
   2,230    2,205,580 
CK Hutchison International 19 II Ltd., 2.75%,
09/06/29 (Call 06/06/29)(a)(b)
   4,057    3,596,826 
Golub Capital BDC Inc., 6.00%, 07/15/29
(Call 06/15/29)
   20    19,587 
Hutchison Whampoa International 03/33 Ltd.,
7.45%, 11/24/33(b)
   100    113,913 
Inversiones La Construccion SA, 4.75%,
02/07/32 (Call 11/07/31)(b)
   45    38,700 
JAB Holdings BV, 2.20%, 11/23/30
(Call 08/23/30)(a)(b)
   993    789,295 
         12,242,101 
Home Builders — 0.1%          
MDC Holdings Inc.          
2.50%, 01/15/31 (Call 07/15/30)(a)   2,639    2,334,225 
3.85%, 01/15/30 (Call 07/15/29)   2,027    1,889,143 
NVR Inc., 3.00%, 05/15/30 (Call 11/15/29)   5,719    5,019,736 
PulteGroup Inc.          
6.38%, 05/15/33   2,645    2,769,833 
7.88%, 06/15/32(a)   1,985    2,267,411 
Toll Brothers Finance Corp., 3.80%, 11/01/29
(Call 08/01/29)(a)
   2,488    2,283,827 
         16,564,175 

 

20

 

 

Schedule of Investments (unaudited) (continued)

iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

  

Security 

Par

(000)

   Value 
         
Home Furnishings — 0.1%          
Panasonic Holdings Corp., 3.11%, 07/19/29
(Call 04/19/29)(b)
  $200   $182,841 
Whirlpool Corp.          
2.40%, 05/15/31 (Call 02/15/31)   2,065    1,685,678 
4.70%, 05/14/32 (Call 02/14/32)(a)   1,890    1,761,432 
5.50%, 03/01/33 (Call 12/01/32)(a)   2,105    2,056,154 
5.75%, 03/01/34 (Call 12/01/33)   2,215    2,171,293 
         7,857,398 
Household Products & Wares — 0.2%          
Avery Dennison Corp.          
2.25%, 02/15/32 (Call 11/15/31)   2,789    2,254,931 
2.65%, 04/30/30 (Call 02/01/30)   3,413    2,949,852 
5.75%, 03/15/33 (Call 12/15/32)(a)   2,350    2,397,679 
Church & Dwight Co. Inc.          
2.30%, 12/15/31 (Call 09/15/31)(a)   2,613    2,149,534 
5.60%, 11/15/32 (Call 08/15/32)   3,156    3,265,781 
Clorox Co. (The)          
1.80%, 05/15/30 (Call 02/15/30)   3,237    2,675,571 
4.40%, 05/01/29 (Call 03/01/29)(a)   505    489,444 
4.60%, 05/01/32 (Call 02/01/32)(a)   3,900    3,770,176 
Kimberly-Clark Corp.          
2.00%, 11/02/31 (Call 08/02/31)(a)   3,867    3,192,908 
3.10%, 03/26/30 (Call 12/26/29)   4,687    4,254,364 
4.50%, 02/16/33 (Call 11/16/32)(a)   2,445    2,361,824 
Kimberly-Clark de Mexico SAB de CV, 2.43%,          
07/01/31 (Call 04/01/31)(a)(b)   2,555    2,154,514 
SC Johnson & Son Inc., 5.75%, 02/15/33(a)(b)   55    54,850 
         31,971,428 
Insurance — 4.3%          
Accident Fund Insurance Co. of America, 8.50%,
08/01/32 (Call 05/01/32)(b)
   100    97,496 
ACE Capital Trust II, Series N, 9.70%,
04/01/30(a)
   280    332,633 
Aflac Inc., 3.60%, 04/01/30 (Call 01/01/30)   6,306    5,814,398 
AIA Group Ltd.          
3.38%, 04/07/30 (Call 01/07/30)(b)   6,527    5,908,244 
4.95%, 04/04/33 (Call 01/04/33)(a)(b)   4,128    4,044,316 
5.38%, 04/05/34 (Call 01/05/34)(b)   3,420    3,347,711 
AIG SunAmerica Global Financing X, 6.90%,
03/15/32(b)
   4,655    5,041,257 
Alleghany Corp., 3.63%, 05/15/30
(Call 02/15/30)
   3,537    3,279,828 
Allianz SE, 6.35%, 09/06/53 (Call 03/06/33),          
(5-year CMT + 3.232%)(b)(c)   2,405    2,484,257 
Allstate Corp. (The)          
1.45%, 12/15/30 (Call 09/15/30)(a)   3,908    3,086,741 
5.25%, 03/30/33 (Call 12/30/32)(a)   5,247    5,210,771 
5.35%, 06/01/33(a)   300    299,051 
American Financial Group Inc./OH, 5.25%,
04/02/30 (Call 01/02/30)(a)
   1,503    1,479,054 
American International Group Inc.          
3.40%, 06/30/30 (Call 03/30/30)   2,612    2,361,339 
5.13%, 03/27/33 (Call 12/27/32)(a)   5,161    5,065,072 
American National Group LLC, 6.14%, 06/13/32
(Call 03/13/32)(b)
   255    240,982 
Americo Life Inc., 3.45%, 04/15/31
(Call 01/15/31)(b)
   2,529    2,012,209 
AmFam Holdings Inc., 2.81%, 03/11/31
(Call 12/11/30)(b)
   3,173    2,423,362 
Aon Corp., 2.80%, 05/15/30 (Call 02/15/30)   6,607    5,758,263 

Security 

Par

(000)

   Value 
         
Insurance (continued)          
Aon Corp./Aon Global Holdings PLC          
2.05%, 08/23/31 (Call 05/23/31)  $2,646   $2,127,648 
2.60%, 12/02/31 (Call 09/02/31)(a)   3,168    2,635,811 
5.00%, 09/12/32 (Call 06/12/32)   3,297    3,201,087 
5.35%, 02/28/33 (Call 11/28/32)   4,708    4,636,872 
Aon North America Inc.          
5.30%, 03/01/31 (Call 01/01/31)   4,370    4,350,505 
5.45%, 03/01/34 (Call 12/01/33)(a)   8,855    8,770,092 
Arch Capital Group Ltd., 7.35%, 05/01/34(a)   140    158,658 
Arthur J Gallagher & Co.          
2.40%, 11/09/31 (Call 08/09/31)(a)   2,949    2,390,635 
5.45%, 07/15/34 (Call 04/15/34)   385    380,808 
5.50%, 03/02/33 (Call 12/02/32)(a)   1,979    1,972,614 
6.50%, 02/15/34 (Call 11/15/33)   2,210    2,336,424 
Ascot Group Ltd., 4.25%, 12/15/30
(Call 12/15/25)(a)(b)
   1,875    1,554,660 
Assurant Inc.          
2.65%, 01/15/32 (Call 10/15/31)(a)   2,600    2,117,309 
3.70%, 02/22/30 (Call 11/22/29)(a)   2,467    2,207,932 
Assured Guaranty U.S. Holdings Inc., 3.15%,
06/15/31 (Call 03/15/31)(a)
   3,402    2,937,673 
Athene Global Funding          
2.55%, 11/19/30(b)   4,033    3,356,840 
2.65%, 10/04/31(a)(b)   3,170    2,584,146 
2.67%, 06/07/31(a)(b)   3,534    2,907,036 
Athene Holding Ltd.          
3.50%, 01/15/31 (Call 10/15/30)   3,199    2,823,451 
5.88%, 01/15/34 (Call 10/15/33)   4,075    4,065,390 
6.15%, 04/03/30 (Call 01/03/30)(a)   3,164    3,262,515 
6.65%, 02/01/33 (Call 11/01/32)   2,863    3,013,957 
AXA SA, 8.60%, 12/15/30(a)   5,385    6,283,202 
Axis Specialty Finance LLC
3.90%, 07/15/29 (Call 04/15/29)
   1,971    1,855,506 
4.90%, 01/15/40 (Call 01/15/30),
(5-year CMT + 3.186%)(c)
   2,299    2,080,101 
Belrose Funding Trust, 2.33%, 08/15/30
(Call 05/15/30)(a)(b)
   2,644    2,122,974 
Berkshire Hathaway Finance Corp.          
1.45%, 10/15/30 (Call 07/15/30)(a)   5,075    4,131,575 
1.85%, 03/12/30 (Call 12/12/29)   3,536    3,004,225 
2.88%, 03/15/32 (Call 12/15/31)   6,323    5,494,786 
Brighthouse Financial Inc., 5.63%, 05/15/30
(Call 02/15/30)(a)
   3,408    3,404,958 
Brown & Brown Inc.          
2.38%, 03/15/31 (Call 12/15/30)(a)   4,743    3,879,484 
4.20%, 03/17/32 (Call 12/17/31)(a)   3,865    3,481,962 
Chubb INA Holdings LLC          
1.38%, 09/15/30 (Call 06/15/30)(a)   6,493    5,261,768 
5.00%, 03/15/34 (Call 12/15/33)   6,675    6,580,841 
CNA Financial Corp.          
2.05%, 08/15/30 (Call 05/15/30)   3,505    2,897,674 
5.13%, 02/15/34 (Call 11/15/33)   2,845    2,721,411 
5.50%, 06/15/33 (Call 03/15/33)(a)   2,500    2,475,622 
CNO Financial Group Inc., 6.45%, 06/15/34
(Call 03/15/34)
   2,000    2,005,685 
Corebridge Financial Inc.          
3.90%, 04/05/32 (Call 01/05/32)   8,955    7,994,436 
5.75%, 01/15/34 (Call 10/15/33)   4,745    4,774,431 
6.05%, 09/15/33 (Call 06/15/33)(a)(b)   3,265    3,338,062 
Doctors Co. An Interinsurance Exchange (The),          
4.50%, 01/18/32 (Call 10/18/31)(b)   1,275    997,991 


21

 

 

Schedule of Investments (unaudited) (continued)

iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security 

Par

(000)

   Value 
         
Insurance (continued)          
Empower Finance 2020 LP, 1.78%, 03/17/31
(Call 12/17/30)(b)
  $3,117   $2,461,313 
Enstar Group Ltd.          
3.10%, 09/01/31 (Call 03/01/31)   3,208    2,599,884 
4.95%, 06/01/29 (Call 03/01/29)   1,204    1,149,477 
Equitable Financial Life Global Funding,
1.75%, 11/15/30(b)
   1,662    1,322,829 
Equitable Holdings Inc., 5.59%, 01/11/33
(Call 10/11/32)
   3,690    3,700,802 
Fairfax Financial Holdings Ltd.          
3.38%, 03/03/31 (Call 12/03/30)(a)   4,050    3,499,273 
4.63%, 04/29/30 (Call 01/29/30)   4,241    4,012,399 
5.63%, 08/16/32 (Call 05/16/32)   4,931    4,832,015 
6.00%, 12/07/33 (Call 09/07/33)(b)   3,905    3,930,594 
Farmers Exchange Capital II, 6.15%, 11/01/53          
(Call 11/01/33),
(3-mo. LIBOR US + 3.744%)(b)(c)
   550    481,698 
Fidelity National Financial Inc.          
2.45%, 03/15/31 (Call 12/15/30)   3,818    3,089,293 
3.40%, 06/15/30 (Call 03/15/30)(a)   4,346    3,840,546 
First American Financial Corp.          
2.40%, 08/15/31 (Call 05/15/31)   4,130    3,257,662 
4.00%, 05/15/30 (Call 02/15/30)   3,122    2,789,957 
Five Corners Funding Trust II, 2.85%, 05/15/30
(Call 02/15/30)(b)
   9,053    7,894,964 
Five Corners Funding Trust III, 5.79%, 02/15/33
(Call 11/15/32)(b)
   4,910    4,977,722 
GA Global Funding Trust, 2.90%, 01/06/32(b)   3,405    2,821,823 
Global Atlantic Fin Co.          
3.13%, 06/15/31 (Call 03/15/31)(a)(b)   3,923    3,245,559 
4.40%, 10/15/29 (Call 07/15/29)(b)   3,348    3,101,909 
7.95%, 06/15/33 (Call 03/15/33)(b)   4,122    4,551,339 
Globe Life Inc.          
2.15%, 08/15/30 (Call 05/15/30)   2,896    2,309,095 
4.80%, 06/15/32 (Call 03/15/32)(a)   2,650    2,445,803 
Hanover Insurance Group Inc. (The), 2.50%,
09/01/30 (Call 06/01/30)
   2,244    1,869,333 
Hartford Financial Services Group Inc. (The),          
2.80%, 08/19/29 (Call 05/19/29)(a)   3,852    3,422,939 
Intact Financial Corp., 5.46%,
09/22/32 (Call 06/22/32)(a)(b)
   3,785    3,746,455 
Jackson Financial Inc.          
3.13%, 11/23/31 (Call 08/23/31)(a)   3,500    2,902,056 
5.67%, 06/08/32 (Call 03/08/32)(a)   2,020    2,022,075 
Jackson National Life Global Funding,
3.05%, 06/21/29(a)(b)
   202    174,295 
Kemper Corp.          
2.40%, 09/30/30 (Call 06/30/30)   2,888    2,328,511 
3.80%, 02/23/32 (Call 11/23/31)(a)   2,660    2,237,689 
Lincoln National Corp.          
3.05%, 01/15/30 (Call 10/15/29)(a)   2,944    2,599,985 
3.40%, 01/15/31 (Call 10/15/30)(a)   2,903    2,545,531 
3.40%, 03/01/32 (Call 12/01/31)(a)   1,045    904,269 
5.85%, 03/15/34 (Call 12/15/33)(a)   1,250    1,243,402 
Loews Corp., 3.20%, 05/15/30 (Call 02/15/30)   3,552    3,193,565 
Manulife Financial Corp., 3.70%, 03/16/32
(Call 12/16/31)(a)
   5,555    5,043,585 
Markel Group Inc., 3.35%, 09/17/29
(Call 06/17/29)
   2,354    2,134,312 
Marsh & McLennan Companies Inc.
2.25%, 11/15/30 (Call 08/15/30)
   4,908    4,145,840 

Security 

Par

(000)

   Value 
         
Insurance (continued)          
2.38%, 12/15/31 (Call 09/15/31)(a)  $2,914   $2,402,668 
5.15%, 03/15/34 (Call 12/15/33)(a)   2,595    2,577,731 
5.40%, 09/15/33 (Call 06/15/33)(a)   4,080    4,123,115 
5.75%, 11/01/32 (Call 08/01/32)(a)   3,587    3,722,800 
5.88%, 08/01/33(a)   1,505    1,570,689 
MassMutual Global Funding II          
1.55%, 10/09/30(a)(b)   3,746    3,021,443 
2.15%, 03/09/31(a)(b)   3,890    3,240,447 
MetLife Inc.          
4.55%, 03/23/30 (Call 12/23/29)(a)   6,159    6,021,872 
5.38%, 07/15/33 (Call 04/15/33)(a)   7,055    7,104,071 
6.50%, 12/15/32(a)   2,304    2,507,349 
Metropolitan Life Global Funding I          
1.55%, 01/07/31(a)(b)   5,018    3,975,780 
2.40%, 01/11/32(a)(b)   4,525    3,699,718 
2.95%, 04/09/30(a)(b)   5,998    5,305,947 
4.30%, 08/25/29(b)   3,018    2,892,317 
5.05%, 01/08/34(b)   3,410    3,330,711 
5.15%, 03/28/33(b)   6,883    6,781,430 
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen, 5.88%, 05/23/42
(Call 11/23/31), (5-year CMT + 3.982%)(b)(c)
   8,220    8,191,888 
Nationwide Mutual Insurance Co.          
7.88%, 04/01/33(a)(b)   300    328,797 
8.25%, 12/01/31(a)(b)   1,830    2,027,616 
New York Life Global Funding          
1.20%, 08/07/30(a)(b)   4,197    3,320,739 
1.85%, 08/01/31(a)(b)   3,490    2,796,915 
4.55%, 01/28/33(a)(b)   6,320    5,988,098 
5.00%, 01/09/34(a)(b)   6,205    6,064,737 
New York Life Insurance Co.,
5.88%, 05/15/33(b)
   6,130    6,298,401 
Nippon Life Insurance Co.          
2.75%, 01/21/51 (Call 01/21/31),
(5-year CMT + 2.653%)(a)(b)(c)
   9,528    7,917,016 
2.90%, 09/16/51 (Call 09/16/31),
(5-year CMT + 2.600%)(a)(b)(c)
   5,430    4,477,616 
3.40%, 01/23/50 (Call 01/23/30),
(5-year CMT + 2.612%)(a)(b)(c)
   5,798    5,100,225 
5.95%, 04/16/54 (Call 04/16/34),
(5-year CMT + 2.590%)(b)(c)
   7,250    7,213,410 
6.25%, 09/13/53 (Call 09/13/33),
(5-year CMT + 2.954%)(a)(b)(c)
   3,755    3,864,380 
Northwestern Mutual Global Funding, 5.16%,
05/28/31(b)
   2,585    2,573,854 
Old Republic International Corp., 5.75%,
03/28/34 (Call 12/28/33)(a)
   2,215    2,202,031 
Pacific Life Global Funding II, 2.45%,
01/11/32(a)(b)
   2,315    1,848,498 
Pacific LifeCorp., 6.60%, 09/15/33(a)(b)   465    493,158 
PartnerRe Finance B LLC          
3.70%, 07/02/29 (Call 04/02/29)   2,419    2,250,145 
4.50%, 10/01/50 (Call 04/01/30),
(5-year CMT + 3.815%)(c)
   3,375    3,062,953 
Primerica Inc., 2.80%, 11/19/31 (Call 08/19/31)   4,043    3,345,027 
Principal Financial Group Inc.          
2.13%, 06/15/30 (Call 03/15/30)(a)   4,036    3,349,215 
5.38%, 03/15/33 (Call 12/15/32)(a)   2,750    2,736,436 
Principal Life Global Funding II          
1.50%, 08/27/30(a)(b)   2,495    1,986,606 
1.63%, 11/19/30(a)(b)   1,940    1,525,323 


22

 

 

Schedule of Investments (unaudited) (continued)

iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security 

Par

(000)

   Value 
         
Insurance (continued)          
2.50%, 09/16/29(a)(b)  $2,515   $2,190,153 
Progressive Corp. (The)          
3.00%, 03/15/32 (Call 12/15/31)(a)   3,413    2,943,561 
3.20%, 03/26/30 (Call 12/26/29)   3,620    3,278,135 
4.95%, 06/15/33 (Call 03/15/33)(a)   3,483    3,442,682 
6.25%, 12/01/32(a)   1,565    1,672,132 
Protective Life Corp., 3.40%, 01/15/30
(Call 10/15/29)(a)(b)
   2,784    2,455,308 
Protective Life Global Funding, 1.74%,
09/21/30(b)
   3,677    2,979,666 
Prudential Financial Inc.          
2.10%, 03/10/30 (Call 12/10/29)(a)   3,185    2,706,205 
3.70%, 10/01/50 (Call 07/01/30),
(5-year CMT + 3.035%)(a)(c)
   5,039    4,332,950 
5.13%, 03/01/52 (Call 11/28/31),
(5-year CMT + 3.162%)(c)
   5,940    5,516,781 
5.75%, 07/15/33(a)   2,480    2,577,318 
6.00%, 09/01/52 (Call 06/01/32),
(5-year CMT + 3.234%)(c)
   7,083    6,923,821 
6.50%, 03/15/54 (Call 12/15/33),
(5-year CMT + 2.404%)(a)(c)
   4,825    4,837,205 
6.75%, 03/01/53 (Call 12/01/32),
(5-year CMT + 2.848%)(a)(c)
   3,080    3,153,566 
Prudential Funding Asia PLC          
3.13%, 04/14/30(a)   6,411    5,712,445 
3.63%, 03/24/32 (Call 12/24/31)(a)   2,582    2,303,223 
Reinsurance Group of America Inc.          
3.15%, 06/15/30 (Call 03/15/30)   4,304    3,799,107 
5.75%, 09/15/34 (Call 06/15/34)   2,000    1,989,259 
6.00%, 09/15/33 (Call 06/15/33)   2,960    3,002,968 
RenaissanceRe Holdings Ltd., 5.75%, 06/05/33
(Call 03/05/33)
   4,936    4,899,883 
RGA Global Funding, 5.50%, 01/11/31(b)   2,645    2,632,750 
Sammons Financial Group Inc.          
3.35%, 04/16/31 (Call 01/16/31)(a)(b)   5,212    4,307,432 
4.75%, 04/08/32 (Call 01/08/32)(a)(b)   2,410    2,132,153 
6.88%, 04/15/34 (Call 01/15/34)(b)   4,210    4,279,645 
SBL Holdings Inc., 5.00%, 02/18/31
(Call 11/18/30)(a)(b)
   3,630    3,122,157 
Stewart Information Services Corp., 3.60%,
11/15/31 (Call 08/15/31)
   2,880    2,390,938 
Sumitomo Life Insurance Co.          
3.38%, 04/15/81 (Call 04/15/31),
(5-year CMT + 2.747%)(a)(b)(c)
   4,570    3,881,080 
5.88%, (Call 01/18/34),
(5-year CMT + 2.841%)(b)(c)(d)
   5,470    5,323,181 
Swiss RE Subordinated Finance PLC, 5.70%,          
04/05/35 (Call 01/05/34),
(3-mo. SOFR +1.813%)(b)(c)
   3,000    2,948,076 
Travelers Property Casualty Corp.,
6.38%, 03/15/33(a)
   1,788    1,937,276 
Trustage Financial Group Inc., 4.63%, 04/15/32
(Call 01/15/32)(b)
   1,415    1,214,940 
Western & Southern Financial Group Inc.,
5.75%, 07/15/33(b)
   455    464,023 
Willis North America Inc.          
2.95%, 09/15/29 (Call 06/15/29)   4,754    4,229,205 
5.35%, 05/15/33 (Call 02/15/33)   5,130    5,001,113 
         575,517,048 

Security 

Par

(000)

   Value 
         
Internet — 1.6%          
Alibaba Group Holding Ltd., 2.13%, 02/09/31
(Call 11/09/30)(a)
  $9,325   $7,686,395 
Alphabet Inc., 1.10%, 08/15/30
(Call 05/15/30)(a)
   13,921    11,292,920 
Amazon.com Inc.          
1.50%, 06/03/30 (Call 03/03/30)   12,071    9,998,866 
2.10%, 05/12/31 (Call 02/12/31)   17,587    14,706,539 
3.60%, 04/13/32 (Call 01/13/32)   14,899    13,616,159 
4.65%, 12/01/29 (Call 10/01/29)(a)   9,023    8,990,893 
4.70%, 12/01/32 (Call 09/01/32)(a)   13,313    13,103,919 
Baidu Inc.          
2.38%, 10/09/30 (Call 07/09/30)   1,250    1,051,950 
2.38%, 08/23/31 (Call 05/23/31)   2,560    2,111,744 
3.43%, 04/07/30 (Call 01/07/30)   2,295    2,077,205 
Booking Holdings Inc., 4.63%, 04/13/30
(Call 01/13/30)
   9,278    9,056,523 
eBay Inc.          
2.60%, 05/10/31 (Call 02/10/31)(a)   4,882    4,143,523 
2.70%, 03/11/30 (Call 12/11/29)(a)   6,008    5,265,343 
6.30%, 11/22/32 (Call 08/22/32)   2,765    2,926,511 
Expedia Group Inc.          
2.95%, 03/15/31 (Call 12/15/30)(a)   3,481    2,997,306 
3.25%, 02/15/30 (Call 11/15/29)(a)   8,208    7,331,172 
JD.com Inc., 3.38%, 01/14/30 (Call 10/14/29)(a)   3,427    3,110,497 
Meituan, 3.05%, 10/28/30 (Call 07/28/30)(a)(b)   6,210    5,343,793 
Meta Platforms Inc.          
3.85%, 08/15/32 (Call 05/15/32)   18,123    16,741,040 
4.80%, 05/15/30 (Call 03/15/30)   6,688    6,658,760 
4.95%, 05/15/33 (Call 02/15/33)(a)   10,902    10,896,597 
Netflix Inc.          
4.88%, 06/15/30 (Call 03/15/30)(a)(b)   6,866    6,722,247 
5.38%, 11/15/29(b)   6,115    6,155,821 
Prosus NV          
3.06%, 07/13/31 (Call 04/13/31)(a)(b)   9,765    7,913,600 
3.68%, 01/21/30 (Call 10/21/29)(a)(b)   6,577    5,748,456 
4.19%, 01/19/32 (Call 10/19/31)(b)   5,185    4,467,121 
Tencent Holdings Ltd.          
2.39%, 06/03/30 (Call 03/03/30)(a)(b)   11,045    9,449,667 
2.88%, 04/22/31 (Call 01/22/31)(a)(b)   3,375    2,923,134 
Tencent Music Entertainment Group, 2.00%,          
09/03/30 (Call 06/03/30)(a)   3,538    2,909,595 
VeriSign Inc., 2.70%, 06/15/31 (Call 03/15/31)   4,975    4,129,628 
Weibo Corp., 3.38%, 07/08/30
(Call 04/08/30)(a)
   6,033    5,251,607 
         214,778,531 
Iron & Steel — 0.3%          
ArcelorMittal SA, 6.80%, 11/29/32
(Call 08/29/32)(a)
   6,108    6,507,512 
GUSAP III LP, 4.25%, 01/21/30
(Call 07/21/29)(a)(b)
   3,105    2,884,402 
Nucor Corp.          
2.70%, 06/01/30 (Call 03/01/30)(a)   3,698    3,251,533 
3.13%, 04/01/32 (Call 01/01/32)(a)   3,667    3,167,985 
POSCO, 5.88%, 01/17/33(b)   25    25,499 
Reliance Inc., 2.15%, 08/15/30
(Call 05/15/30)(a)
   3,822    3,173,709 
Steel Dynamics Inc.          
3.25%, 01/15/31 (Call 10/15/30)   3,236    2,854,527 
3.45%, 04/15/30 (Call 01/15/30)   4,300    3,904,888 
Vale Overseas Ltd.          
3.75%, 07/08/30 (Call 04/08/30)   8,182    7,336,313 


23

 

 

Schedule of Investments (unaudited) (continued)

iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security 

Par

(000)

   Value 
         
Iron & Steel (continued)          
6.13%, 06/12/33 (Call 03/12/33)(a)  $8,355   $8,377,884 
8.25%, 01/17/34(a)   2,290    2,667,284 
         44,151,536 
Leisure Time — 0.0%          
Brunswick Corp.          
2.40%, 08/18/31 (Call 05/18/31)(a)   3,590    2,848,955 
4.40%, 09/15/32 (Call 06/15/32)(a)   2,915    2,599,598 
         5,448,553 
Lodging — 0.3%          
Choice Hotels International Inc.          
3.70%, 12/01/29 (Call 09/01/29)(a)   2,640    2,355,674 
3.70%, 01/15/31 (Call 10/15/30)(a)   2,852    2,489,818 
Hyatt Hotels Corp., 5.75%, 04/23/30
(Call 01/23/30)(a)
   2,942    2,990,726 
Las Vegas Sands Corp.          
6.00%, 08/15/29 (Call 07/15/29)(a)   1,340    1,345,416 
6.20%, 08/15/34 (Call 05/15/34)   770    775,922 
Marriott International Inc./MD          
5.30%, 05/15/34 (Call 02/15/34)   1,685    1,648,765 
Series FF, 4.63%, 06/15/30 (Call 03/15/30)(a)   6,410    6,175,723 
Series GG, 3.50%, 10/15/32 (Call 07/15/32)   6,495    5,609,022 
Series HH, 2.85%, 04/15/31 (Call 01/15/31)   6,848    5,818,743 
Series II, 2.75%, 10/15/33 (Call 07/15/33)   4,891    3,920,819 
Sands China Ltd.          
3.25%, 08/08/31 (Call 05/08/31)(a)   3,940    3,309,289 
4.63%, 06/18/30 (Call 03/18/30)(a)   4,894    4,525,065 
         40,964,982 
Machinery — 0.8%          
AGCO Corp., 5.80%, 03/21/34
(Call 12/21/33)(a)
   4,410    4,402,286 
Caterpillar Inc.          
1.90%, 03/12/31 (Call 12/12/30)(a)   3,208    2,685,259 
2.60%, 09/19/29 (Call 06/19/29)(a)   2,870    2,561,193 
2.60%, 04/09/30 (Call 01/09/30)   5,314    4,680,306 
Deere & Co.          
3.10%, 04/15/30 (Call 01/15/30)   4,202    3,809,614 
5.38%, 10/16/29(a)   3,068    3,141,154 
7.13%, 03/03/31(a)   350    395,646 
8.10%, 05/15/30(a)   955    1,105,277 
Dover Corp., 2.95%, 11/04/29 (Call 08/04/29)   1,825    1,635,297 
Flowserve Corp.          
2.80%, 01/15/32 (Call 10/15/31)(a)   3,124    2,564,130 
3.50%, 10/01/30 (Call 07/01/30)   3,214    2,851,821 
IDEX Corp.          
2.63%, 06/15/31 (Call 03/15/31)   3,158    2,622,936 
3.00%, 05/01/30 (Call 02/01/30)   3,351    2,926,437 
Ingersoll Rand Inc.          
5.31%, 06/15/31 (Call 04/15/31)   1,190    1,191,075 
5.45%, 06/15/34 (Call 03/15/34)   2,680    2,686,013 
5.70%, 08/14/33 (Call 05/14/33)   5,360    5,463,420 
John Deere Capital Corp.          
1.45%, 01/15/31(a)   3,698    2,985,458 
2.00%, 06/17/31   3,700    3,046,593 
2.45%, 01/09/30(a)   3,394    2,984,306 
2.80%, 07/18/29   1,428    1,289,535 
3.90%, 06/07/32(a)   3,021    2,792,593 
4.35%, 09/15/32(a)   3,355    3,202,369 
4.70%, 06/10/30   5,995    5,907,454 
4.85%, 10/11/29   2,542    2,534,102 
4.90%, 03/07/31(a)   3,670    3,638,388 

Security 

Par

(000)

   Value 
           
Machinery (continued)          
5.10%, 04/11/34  $6,570   $6,534,027 
5.15%, 09/08/33(a)   3,275    3,282,612 
Nordson Corp., 5.80%, 09/15/33
(Call 06/15/33)
   2,650    2,711,577 
nVent Finance SARL          
2.75%, 11/15/31 (Call 08/15/31)   1,970    1,611,003 
5.65%, 05/15/33 (Call 02/15/33)   1,996    1,989,515 
Oshkosh Corp., 3.10%, 03/01/30
(Call 12/01/29)(a)
   2,420    2,134,524 
Otis Worldwide Corp., 2.57%, 02/15/30
(Call 11/15/29)
   9,268    8,070,373 
Rockwell Automation Inc., 1.75%, 08/15/31
(Call 05/15/31)(a)
   2,861    2,282,409 
Westinghouse Air Brake Technologies Corp.,
5.61%, 03/11/34 (Call 12/11/33)(a)
   1,470    1,474,484 
Xylem Inc./New York, 2.25%, 01/30/31
(Call 10/30/30)(a)
   4,508    3,748,303 
         106,941,489 
Manufacturing — 0.5%          
3M Co.          
2.38%, 08/26/29 (Call 05/26/29)(a)   3,398    2,955,548 
3.05%, 04/15/30 (Call 01/15/30)(a)   3,926    3,477,145 
Carlisle Companies Inc.          
2.20%, 03/01/32 (Call 12/01/31)   3,375    2,687,318 
2.75%, 03/01/30 (Call 12/01/29)   4,852    4,226,321 
Eaton Corp.          
4.00%, 11/02/32   3,575    3,318,038 
4.15%, 03/15/33 (Call 12/15/32)   8,160    7,610,672 
Parker-Hannifin Corp.          
3.25%, 06/14/29 (Call 03/14/29)   2,789    2,551,831 
4.50%, 09/15/29 (Call 07/15/29)   6,645    6,450,941 
Pentair Finance Sarl, 5.90%, 07/15/32
(Call 04/15/32)
   2,540    2,593,381 
Siemens Financieringsmaatschappij NV, 2.15%,
03/11/31(b)
   10,532    8,817,111 
Teledyne Technologies Inc., 2.75%, 04/01/31
(Call 01/01/31)(a)
   6,430    5,441,203 
Textron Inc.          
2.45%, 03/15/31 (Call 12/15/30)   3,093    2,575,320 
3.00%, 06/01/30 (Call 03/01/30)   3,913    3,424,345 
3.90%, 09/17/29 (Call 06/17/29)   2,031    1,894,389 
6.10%, 11/15/33 (Call 08/15/33)   2,475    2,553,232 
         60,576,795 
Media — 1.5%          
Charter Communications Operating LLC/Charter Communications Operating Capital          
2.30%, 02/01/32 (Call 11/01/31)   6,441    4,937,407 
2.80%, 04/01/31 (Call 01/01/31)(a)   9,652    7,875,486 
4.40%, 04/01/33 (Call 01/01/33)(a)   6,322    5,555,097 
6.55%, 06/01/34 (Call 03/01/34)   5,750    5,761,706 
6.65%, 02/01/34 (Call 11/01/33)(a)   6,575    6,659,113 
Comcast Corp.          
1.50%, 02/15/31 (Call 11/15/30)   10,670    8,500,235 
1.95%, 01/15/31 (Call 10/15/30)   9,140    7,497,587 
2.65%, 02/01/30 (Call 11/01/29)   9,716    8,529,711 
3.40%, 04/01/30 (Call 01/01/30)   9,633    8,787,281 
4.25%, 10/15/30 (Call 07/15/30)   9,226    8,782,425 
4.25%, 01/15/33   10,124    9,404,116 
4.65%, 02/15/33 (Call 11/15/32)(a)   6,730    6,459,481 


24

 

 

Schedule of Investments (unaudited) (continued)

iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security 

Par

(000)

   Value 
           
Media (continued)          
4.80%, 05/15/33 (Call 02/15/33)(a)  $6,303   $6,093,154 
5.30%, 06/01/34 (Call 03/01/34)(a)   5,700    5,695,544 
5.50%, 11/15/32 (Call 08/15/32)   6,087    6,203,485 
7.05%, 03/15/33   4,743    5,291,394 
Cox Communications Inc.          
1.80%, 10/01/30 (Call 07/01/30)(b)   3,462    2,764,333 
2.60%, 06/15/31 (Call 03/15/31)(a)(b)   3,437    2,832,934 
5.70%, 06/15/33 (Call 03/15/33)(a)(b)   2,766    2,747,084 
Discovery Communications LLC, 3.63%,
05/15/30 (Call 02/15/30)
   7,466    6,569,611 
FactSet Research Systems Inc., 3.45%,
03/01/32 (Call 12/01/31)
   3,478    2,999,996 
Fox Corp.          
3.50%, 04/08/30 (Call 01/08/30)   4,143    3,746,844 
6.50%, 10/13/33 (Call 07/13/33)(a)   6,362    6,647,030 
Grupo Televisa SAB, 8.50%, 03/11/32(a)   1,370    1,547,431 
Paramount Global          
4.20%, 05/19/32 (Call 02/19/32)(a)   5,600    4,662,843 
4.95%, 01/15/31 (Call 10/15/30)(a)   6,048    5,415,496 
5.50%, 05/15/33   910    796,781 
7.88%, 07/30/30   5,115    5,342,527 
Time Warner Cable Enterprises LLC, 8.38%,
07/15/33
   4,410    4,882,087 
TWDC Enterprises 18 Corp., Series B, 7.00%,
03/01/32(a)
   2,974    3,332,803 
Walt Disney Co. (The)          
2.00%, 09/01/29 (Call 06/01/29)(a)   11,542    9,951,562 
2.65%, 01/13/31(a)   15,474    13,430,616 
3.80%, 03/22/30(a)   8,245    7,740,026 
6.55%, 03/15/33(a)   2,100    2,315,967 
         199,759,193 
Metal Fabricate & Hardware — 0.0%          
Timken Co. (The), 4.13%, 04/01/32 (Call 01/01/32)(a)   2,185    1,966,238 
           
Mining — 1.5%          
Anglo American Capital PLC          
2.63%, 09/10/30 (Call 06/10/30)(b)   6,309    5,357,413 
2.88%, 03/17/31 (Call 12/17/30)(b)   3,549    3,009,238 
5.50%, 05/02/33 (Call 02/02/33)(a)(b)   5,605    5,515,331 
5.63%, 04/01/30 (Call 01/01/30)(a)(b)   5,130    5,143,227 
5.75%, 04/05/34 (Call 01/05/34)(a)(b)   6,230    6,218,147 
AngloGold Ashanti Holdings PLC, 3.75%,
10/01/30 (Call 07/01/30)
   4,745    4,126,447 
Antofagasta PLC          
2.38%, 10/14/30 (Call 07/14/30)(b)   2,695    2,224,313 
5.63%, 05/13/32 (Call 02/13/32)(b)   765    756,927 
6.25%, 05/02/34 (Call 02/02/34)(b)   3,135    3,212,748 
BHP Billiton Finance USA Ltd.          
4.90%, 02/28/33 (Call 11/28/32)(a)   4,785    4,669,878 
5.25%, 09/08/30 (Call 07/08/30)   6,285    6,323,907 
5.25%, 09/08/33 (Call 06/08/33)   8,990    8,938,539 
Corp. Nacional del Cobre de Chile          
3.00%, 09/30/29 (Call 06/30/29)(a)(b)   7,385    6,485,405 
3.15%, 01/14/30 (Call 10/14/29)(a)(b)   6,763    5,926,408 
3.75%, 01/15/31 (Call 10/15/30)(a)(b)   5,480    4,844,404 
5.13%, 02/02/33 (Call 11/02/32)(b)   6,235    5,869,214 
5.95%, 01/08/34 (Call 10/08/33)(a)(b)   5,027    4,966,826 
Freeport Indonesia PT, 5.32%, 04/14/32
(Call 01/01/32)(b)
   9,130    8,804,760 

Security 

Par

(000)

   Value 
           
Mining (continued)          
Freeport-McMoRan Inc.          
4.25%, 03/01/30 (Call 03/01/25)(a)  $3,133   $2,945,757 
4.63%, 08/01/30 (Call 08/01/25)(a)   4,265    4,079,720 
5.25%, 09/01/29 (Call 09/01/24)(a)   2,941    2,937,829 
Glencore Funding LLC          
2.50%, 09/01/30 (Call 06/01/30)(a)(b)   6,225    5,230,814 
2.63%, 09/23/31 (Call 06/23/31)(a)(b)   4,810    3,951,701 
2.85%, 04/27/31 (Call 01/27/31)(b)   3,927    3,307,887 
5.63%, 04/04/34 (Call 01/04/34)(b)   6,175    6,066,214 
5.70%, 05/08/33 (Call 02/08/33)(b)   3,263    3,247,722 
6.38%, 10/06/30 (Call 08/06/30)(b)   4,205    4,375,039 
6.50%, 10/06/33 (Call 07/06/33)(b)   6,045    6,315,901 
Indonesia Asahan Aluminium PT/Mineral Industri Indonesia Persero PT,
5.45%, 05/15/30 (Call 02/15/30)(a)(b)
   7,431    7,257,632 
Industrias Penoles SAB de CV, 4.15%, 09/12/29
(Call 06/12/29)(b)
   3,545    3,279,843 
Kinross Gold Corp., 6.25%, 07/15/33
(Call 04/15/33)(a)
   5,146    5,397,136 
Newcastle Coal Infrastructure Group Pty. Ltd.,
4.70%, 05/12/31 (Call 02/12/31)(a)(b)
   3,130    2,814,950 
Newmont Corp.          
2.25%, 10/01/30 (Call 07/01/30)   6,702    5,657,742 
2.60%, 07/15/32 (Call 04/15/32)(a)   6,356    5,255,270 
2.80%, 10/01/29 (Call 07/01/29)   4,695    4,165,454 
Newmont Corp./Newcrest Finance Pty Ltd.          
3.25%, 05/13/30 (Call 02/13/30)(a)(b)   3,707    3,320,794 
5.35%, 03/15/34 (Call 12/15/33)(b)   4,110    4,081,856 
Nexa Resources SA, 6.75%, 04/09/34
(Call 01/09/34)(b)
   3,255    3,275,832 
Northern Star Resources Ltd., 6.13%, 04/11/33
(Call 01/11/33)(b)
   3,755    3,772,556 
Rio Tinto Alcan Inc.          
6.13%, 12/15/33(a)   2,733    2,879,120 
7.25%, 03/15/31(a)   2,972    3,280,606 
Rio Tinto Finance USA PLC, 5.00%, 03/09/33
(Call 12/09/32)(a)
   4,265    4,223,775 
South32 Treasury Ltd., 4.35%, 04/14/32
(Call 01/14/32)(a)(b)
   4,462    4,001,467 
Vale Canada Ltd., 7.20%, 09/15/32(a)   824    872,616 
Yamana Gold Inc., 2.63%, 08/15/31
(Call 05/15/31)
   3,608    2,994,030 
         201,382,395 
Office & Business Equipment — 0.0%          
CDW LLC/CDW Finance Corp., 3.57%,
12/01/31 (Call 09/01/31)
   6,011    5,191,128 
           
Oil & Gas — 4.3%          
Aker BP ASA          
3.10%, 07/15/31 (Call 04/15/31)(b)   6,099    5,164,076 
3.75%, 01/15/30 (Call 10/15/29)(a)(b)   6,485    5,938,807 
4.00%, 01/15/31 (Call 10/15/30)(a)(b)   4,990    4,509,623 
6.00%, 06/13/33 (Call 03/13/33)(b)   5,839    5,891,196 
Apache Corp., 4.25%, 01/15/30
(Call 10/15/29)(a)
   1,984    1,834,963 
BP Capital Markets America Inc.          
1.75%, 08/10/30 (Call 05/10/30)   6,447    5,324,998 
2.72%, 01/12/32 (Call 10/12/31)   12,280    10,413,754 
3.63%, 04/06/30 (Call 01/06/30)   8,084    7,499,480 
4.81%, 02/13/33 (Call 11/13/32)(a)   13,575    13,129,445 
4.89%, 09/11/33 (Call 06/11/33)   9,363    9,089,931 


25

 

 

Schedule of Investments (unaudited) (continued)

iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security 

Par

(000)

   Value 
         
Oil & Gas (continued)          
4.97%, 10/17/29 (Call 09/17/29)  $4,750   $4,722,740 
4.99%, 04/10/34 (Call 01/10/34)   6,375    6,206,002 
BP Capital Markets PLC          
4.88%, (Call 03/22/30),
(5-year CMT + 4.398%)(a)(c)(d)
   12,136    11,450,414 
6.45%, (Call 12/01/33),
(5-year CMT + 2.153%)(a)(c)(d)
   2,275    2,325,862 
Burlington Resources LLC          
7.20%, 08/15/31   2,973    3,323,597 
7.40%, 12/01/31(a)   809    916,374 
Canadian Natural Resources Ltd.          
2.95%, 07/15/30 (Call 04/15/30)(a)   3,558    3,102,892 
6.45%, 06/30/33(a)   995    1,050,764 
7.20%, 01/15/32(a)   2,499    2,727,929 
Cenovus Energy Inc., 2.65%, 01/15/32
(Call 10/15/31)
   3,185    2,620,837 
Chevron Corp., 2.24%, 05/11/30
(Call 02/11/30)(a)
   9,446    8,137,992 
Chevron USA Inc., 3.25%, 10/15/29
(Call 07/15/29)(a)
   3,380    3,124,379 
CNOOC Finance 2003 Ltd., 5.50%, 05/21/33(b)   100    102,786 
CNOOC Finance 2013 Ltd., 2.88%, 09/30/29
(Call 06/30/29)(a)
   3,420    3,095,798 
CNOOC Petroleum North America ULC, 7.88%,
03/15/32
   3,100    3,648,675 
Conoco Funding Co., 7.25%, 10/15/31(a)   2,760    3,103,685 
ConocoPhillips Co.          
5.05%, 09/15/33 (Call 06/15/33)   6,635    6,546,269 
5.90%, 10/15/32(a)   2,315    2,433,852 
Continental Resources Inc./OK          
2.88%, 04/01/32 (Call 01/01/32)(b)   5,450    4,416,682 
5.75%, 01/15/31 (Call 07/15/30)(a)(b)   9,368    9,229,762 
Coterra Energy Inc., 5.60%, 03/15/34
(Call 12/15/33)(a)
   3,225    3,205,470 
Devon Energy Corp.          
4.50%, 01/15/30 (Call 01/15/25)   4,205    4,024,239 
7.88%, 09/30/31(a)   3,430    3,889,486 
7.95%, 04/15/32(a)   2,761    3,147,909 
Diamondback Energy Inc.          
3.13%, 03/24/31 (Call 12/24/30)   5,153    4,513,705 
3.50%, 12/01/29 (Call 09/01/29)(a)   6,284    5,764,773 
5.15%, 01/30/30 (Call 12/30/29)   6,700    6,637,915 
5.40%, 04/18/34 (Call 01/18/34)(a)   8,260    8,142,239 
6.25%, 03/15/33 (Call 12/15/32)(a)   6,943    7,252,260 
Empresa Nacional del Petroleo          
3.45%, 09/16/31 (Call 06/16/31)(b)   3,695    3,130,950 
5.25%, 11/06/29 (Call 08/06/29)(a)(b)   2,910    2,839,465 
6.15%, 05/10/33 (Call 02/10/33)(a)(b)   4,695    4,690,803 
Eni SpA, 5.50%, 05/15/34 (Call 02/15/34)(b)   4,740    4,708,601 
EOG Resources Inc., 4.38%, 04/15/30
(Call 01/15/30)
   5,180    5,014,179 
EQT Corp.          
3.63%, 05/15/31 (Call 05/15/30)(a)(b)   3,193    2,792,932 
5.75%, 02/01/34 (Call 11/01/33)(a)   5,270    5,213,780 
7.00%, 02/01/30 (Call 11/01/29)(a)   4,486    4,739,719 
Equinor ASA          
2.38%, 05/22/30 (Call 02/22/30)(a)   3,401    2,950,839 
3.13%, 04/06/30 (Call 01/06/30)(a)   8,943    8,128,375 
Exxon Mobil Corp.          
2.44%, 08/16/29 (Call 05/16/29)(a)   1,874    1,667,108 
2.61%, 10/15/30 (Call 07/15/30)   12,265    10,710,753 

Security 

Par

(000)

   Value 
           
Oil & Gas (continued)          
3.48%, 03/19/30 (Call 12/19/29)(a)  $12,325   $11,435,245 
Helmerich & Payne Inc., 2.90%, 09/29/31
(Call 06/29/31)
   3,950    3,277,949 
Hess Corp.          
7.13%, 03/15/33   3,685    4,137,059 
7.30%, 08/15/31   4,279    4,775,675 
7.88%, 10/01/29   3,403    3,799,085 
HF Sinclair Corp., 4.50%, 10/01/30
(Call 07/01/30)(a)
   2,409    2,240,645 
Hunt Oil Co. of Peru LLC Sucursal Del Peru,
8.55%, 09/18/33 (Call 06/18/33)(b)
   135    145,616 
KazMunayGas National Co. JSC          
3.50%, 04/14/33 (Call 10/14/32)(b)   3,850    3,118,500 
5.38%, 04/24/30(b)   5,505    5,312,325 
Marathon Oil Corp.          
5.70%, 04/01/34 (Call 01/01/34)(a)   3,545    3,607,588 
6.80%, 03/15/32(a)   3,824    4,161,571 
Occidental Petroleum Corp.          
3.50%, 08/15/29 (Call 05/15/29)(a)   1,490    1,343,512 
6.13%, 01/01/31 (Call 07/01/30)(a)   6,955    7,105,506 
6.63%, 09/01/30 (Call 03/01/30)   8,972    9,372,600 
7.50%, 05/01/31(a)   5,250    5,777,754 
7.88%, 09/15/31(a)   3,238    3,627,425 
8.88%, 07/15/30 (Call 01/15/30)   6,028    6,905,436 
Ovintiv Inc.          
6.25%, 07/15/33 (Call 04/15/33)(a)   3,995    4,101,444 
7.20%, 11/01/31   2,440    2,626,401 
7.38%, 11/01/31   3,280    3,571,863 
8.13%, 09/15/30   2,205    2,479,918 
Patterson-UTI Energy Inc.          
5.15%, 11/15/29 (Call 08/15/29)(a)   1,135    1,105,164 
7.15%, 10/01/33 (Call 07/01/33)   2,825    2,991,937 
Pertamina Persero PT          
2.30%, 02/09/31 (Call 11/09/30)(a)(b)   5,790    4,747,800 
3.10%, 01/21/30 (Call 10/21/29)(b)   3,570    3,149,561 
3.10%, 08/27/30 (Call 05/25/30)(a)(b)   5,355    4,667,931 
3.65%, 07/30/29(a)(b)   4,270    3,921,730 
Petronas Capital Ltd.          
2.48%, 01/28/32 (Call 10/28/31)(b)   8,685    7,174,590 
3.50%, 04/21/30 (Call 01/21/30)(a)(b)   15,514    14,152,802 
Phillips 66, 2.15%, 12/15/30 (Call 09/15/30)   5,824    4,817,343 
Phillips 66 Co.          
3.15%, 12/15/29 (Call 09/15/29)   3,949    3,549,355 
5.25%, 06/15/31 (Call 04/15/31)(a)   4,155    4,115,330 
5.30%, 06/30/33 (Call 03/30/33)(a)   6,193    6,090,897 
Pioneer Natural Resources Co.          
1.90%, 08/15/30 (Call 05/15/30)   6,344    5,302,145 
2.15%, 01/15/31 (Call 10/15/30)(a)   5,309    4,456,353 
PTTEP Treasury Center Co. Ltd., 2.99%,
01/15/30 (Call 07/15/29)(a)(b)
   2,510    2,216,782 
Qatar Energy, 2.25%, 07/12/31
(Call 04/12/31)(b)
          
Raizen Fuels Finance SA, 6.45%, 03/05/34
(Call 12/05/33)(b)
   7,485    7,600,109 
Reliance Industries Ltd., 2.88%, 01/12/32(a)(b)   9,610    8,084,826 
SA Global Sukuk Ltd., 2.69%, 06/17/31
(Call 03/17/31)(b)
   17,905    15,192,572 
Santos Finance Ltd.          
3.65%, 04/29/31 (Call 01/29/31)(b)   6,274    5,434,583 
6.88%, 09/19/33 (Call 06/19/33)(a)(b)   5,095    5,333,935 


26

 

 

Schedule of Investments (unaudited) (continued)

iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security 

Par

(000)

   Value 
           
Oil & Gas (continued)          
Saudi Arabian Oil Co., 2.25%, 11/24/30
(Call 08/24/30)(a)(b)
  $12,515   $10,434,381 
Shell International Finance BV          
2.38%, 11/07/29 (Call 08/07/29)   9,288    8,158,978 
2.75%, 04/06/30 (Call 01/06/30)(a)   10,697    9,496,674 
Sinopec Group Overseas Development 2018 Ltd.          
2.30%, 01/08/31 (Call 10/08/30)(a)(b)   7,515    6,434,160 
2.70%, 05/13/30 (Call 02/13/30)(a)(b)   9,570    8,497,153 
2.95%, 08/08/29 (Call 05/08/29)(a)(b)   4,392    4,004,501 
2.95%, 11/12/29 (Call 08/12/29)(a)(b)   6,197    5,628,575 
Suncor Energy Inc., 7.15%, 02/01/32   3,565    3,893,573 
Tengizchevroil Finance Co. International Ltd.,
3.25%, 08/15/30 (Call 02/15/30)(a)(b)
   3,768    3,079,926 
Thaioil Treasury Center Co. Ltd., 2.50%,
06/18/30(a)(b)
   2,403    2,016,178 
Tosco Corp., 8.13%, 02/15/30   2,617    3,002,324 
TotalEnergies Capital International SA, 2.83%,
01/10/30 (Call 10/10/29)
   8,193    7,322,563 
TotalEnergies Capital SA, 5.15%, 04/05/34
(Call 01/05/34)(a)
   8,240    8,218,419 
Valero Energy Corp.          
2.80%, 12/01/31 (Call 09/01/31)(a)   2,985    2,518,914 
7.50%, 04/15/32   4,530    5,114,835 
Var Energi ASA, 8.00%, 11/15/32
(Call 08/15/32)(b)
   5,728    6,400,983 
         572,427,392 
Oil & Gas Services — 0.2%          
Baker Hughes Holdings LLC/Baker Hughes Co-Obligor Inc.          
3.14%, 11/07/29 (Call 08/07/29)   3,473    3,137,045 
4.49%, 05/01/30 (Call 02/01/30)   3,291    3,163,632 
Halliburton Co., 2.92%, 03/01/30
(Call 12/01/29)
   6,670    5,940,162 
NOV Inc., 3.60%, 12/01/29 (Call 09/01/29)(a)   3,749    3,434,953 
Schlumberger Holdings Corp., 5.00%, 11/15/29
(Call 10/15/29)(a)(b)
   1,500    1,482,153 
Schlumberger Investment SA          
2.65%, 06/26/30 (Call 03/26/30)(a)   7,105    6,221,661 
4.85%, 05/15/33 (Call 02/15/33)(a)   2,655    2,599,028 
5.00%, 06/01/34 (Call 03/01/34)(a)   2,825    2,770,088 
         28,748,722 
Packaging & Containers — 0.4%          
Amcor Finance USA Inc., 5.63%, 05/26/33
(Call 02/26/33)(a)
   2,970    2,997,229 
Amcor Flexibles North America Inc.          
2.63%, 06/19/30 (Call 03/19/30)   3,148    2,676,580 
2.69%, 05/25/31 (Call 02/25/31)(a)   5,043    4,211,700 
AptarGroup Inc., 3.60%, 03/15/32
(Call 12/15/31)
   1,615    1,401,592 
Berry Global Inc.          
5.65%, 01/15/34 (Call 10/15/33)(b)   4,885    4,769,023 
5.80%, 06/15/31 (Call 04/15/31)(b)   2,960    2,945,189 
CCL Industries Inc., 3.05%, 06/01/30
(Call 03/01/30)(a)(b)
   3,833    3,333,549 
Packaging Corp. of America          
3.00%, 12/15/29 (Call 09/15/29)   3,678    3,270,980 
5.70%, 12/01/33 (Call 09/01/33)(a)   2,055    2,081,481 

Security 

Par

 (000)

   Value 
           
Packaging & Containers (continued)          
Smurfit Kappa Treasury ULC          
5.20%, 01/15/30 (Call 12/15/29)(b)  $1,560   $1,539,247 
5.44%, 04/03/34 (Call 01/03/34)(b)   5,896    5,787,148 
Sonoco Products Co.          
2.85%, 02/01/32 (Call 11/01/31)(a)   3,047    2,545,117 
3.13%, 05/01/30 (Call 02/01/30)(a)   3,949    3,491,883 
WestRock MWV LLC          
7.95%, 02/15/31   2,005    2,264,093 
8.20%, 01/15/30   2,945    3,328,845 
WRKCo Inc.          
3.00%, 06/15/33 (Call 03/15/33)(a)   3,710    3,089,371 
4.20%, 06/01/32 (Call 03/01/32)(a)   2,858    2,651,745 
         52,384,772 
 Pharmaceuticals — 3.6%          
 AbbVie Inc.          
3.20%, 11/21/29 (Call 08/21/29)   31,576    28,788,162 
4.95%, 03/15/31 (Call 01/15/31)(a)   9,060    8,984,364 
5.05%, 03/15/34 (Call 12/15/33)   18,100    17,907,091 
Astrazeneca Finance LLC.          
 2.25%, 05/28/31 (Call 02/28/31)(a)   4,579    3,848,328 
4.88%, 03/03/33 (Call 12/03/32)(a)   3,330    3,283,989 
4.90%, 03/03/30 (Call 01/03/30)(a)   4,070    4,063,120 
4.90%, 02/26/31 (Call 12/26/30)   5,920    5,877,990 
5.00%, 02/26/34 (Call 11/26/33)   6,800    6,715,570 
AstraZeneca PLC, 1.38%, 08/06/30
(Call 05/06/30)
   7,859    6,374,682 
Bayer U.S. Finance LLC          
6.38%, 11/21/30 (Call 09/21/30)(b)   7,425    7,591,369 
6.50%, 11/21/33 (Call 08/21/33)(b)   10,985    11,238,712 
Becton Dickinson and Co.          
1.96%, 02/11/31 (Call 11/11/30)   6,198    5,032,197 
2.82%, 05/20/30 (Call 02/20/30)   4,730    4,140,297 
4.30%, 08/22/32 (Call 05/22/32)   3,269    3,038,885 
5.11%, 02/08/34 (Call 11/08/33)   2,509    2,447,590 
Bristol-Myers Squibb Co.          
1.45%, 11/13/30 (Call 08/13/30)(a)   7,857    6,307,431 
2.95%, 03/15/32 (Call 12/15/31)   10,630    9,120,228 
3.40%, 07/26/29 (Call 04/26/29)   9,617    8,907,106 
5.10%, 02/22/31 (Call 12/22/30)(a)   6,525    6,510,141 
5.20%, 02/22/34 (Call 11/22/33)   14,826    14,730,242 
5.75%, 02/01/31 (Call 12/01/30)   6,300    6,516,226 
5.90%,11/15/33(Call08/15/33)(a)   6,185    6,461,428 
Cardinal Health Inc., 5.45%, 02/15/34
(Call 11/15/33)
   1,250    1,242,693 
Cencora Inc.          
2.70%, 03/15/31 (Call 12/15/30)   6,239    5,293,052 
2.80%, 05/15/30 (Call 02/15/30)   3,550    3,105,947 
5.13%, 02/15/34 (Call 11/15/33)(a)   2,100    2,055,034 
Cigna Group (The)          
2.38%, 03/15/31 (Call 12/15/30)   9,244    7,687,401 
2.40%, 03/15/30 (Call 12/15/29)   8,463    7,266,172 
5.13%, 05/15/31 (Call 03/15/31)(a)   4,810    4,758,501 
5.25%, 02/15/34 (Call 11/15/33)   8,035    7,875,778 
5.40%, 03/15/33 (Call 12/15/32)(a)   5,063    5,056,636 
CVS Health Corp.          
1.75%, 08/21/30 (Call 05/21/30)   7,401    5,970,279 
1.88%, 02/28/31 (Call 11/28/30)   7,331    5,832,318 
2.13%, 09/15/31 (Call 06/15/31)(a)   6,234    4,969,403 
3.25%, 08/15/29 (Call 05/15/29)   9,575    8,645,683 
3.75%, 04/01/30 (Call 01/01/30)   8,937    8,160,036 
5.13%, 02/21/30 (Call 12/21/29)   9,240    9,086,278 


27

 

 

Schedule of Investments (unaudited) (continued)

iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security 

Par

(000)

   Value 
           
Pharmaceuticals (continued)          
5.25%, 01/30/31 (Call 11/30/30)(a)  $4,456   $4,388,193 
5.25%, 02/21/33 (Call 11/21/32)   10,456    10,164,035 
5.30%, 06/01/33 (Call 03/01/33)(a)   7,791    7,581,233 
5.55%, 06/01/31 (Call 04/01/31)   7,410    7,389,563 
5.70%, 06/01/34 (Call 03/01/34)(a)   7,150    7,115,394 
Eli Lilly & Co.          
4.70%, 02/27/33 (Call 11/27/32)   6,283    6,139,761 
4.70%, 02/09/34 (Call 11/09/33)   7,980    7,756,014 
GlaxoSmithKline Capital Inc., 5.38%,          
04/15/34(a)   305    316,534 
GlaxoSmithKline Capital PLC, 3.38%, 06/01/29          
(Call 03/01/29)   2,470    2,305,097 
Johnson & Johnson          
1.30%, 09/01/30 (Call 06/01/30)(a)   10,574    8,646,027 
4.38%, 12/05/33 (Call 06/05/33)(a)   1,145    1,114,265 
4.90%, 06/01/31 (Call 04/01/31)   6,635    6,644,351 
4.95%, 05/15/33(a)   1,710    1,739,109 
4.95%, 06/01/34 (Call 03/01/34)(a)   5,700    5,707,158 
6.95%, 09/01/29(a)   1,530    1,693,931 
McKesson Corp., 5.10%, 07/15/33          
(Call 04/15/33)(a)   3,076    3,062,333 
Merck & Co. Inc.          
1.45%, 06/24/30 (Call 03/24/30)   7,532    6,157,147 
2.15%, 12/10/31 (Call 09/10/31)   12,079    9,981,682 
4.30%, 05/17/30 (Call 03/17/30)(a)   5,860    5,671,956 
4.50%, 05/17/33 (Call 02/17/33)   9,073    8,720,205 
6.50%, 12/01/33   595    657,348 
Novartis Capital Corp., 2.20%, 08/14/30          
(Call 05/14/30)(a)   9,057    7,791,902 
Pfizer Inc.          
1.70%, 05/28/30 (Call 02/28/30)   6,582    5,481,720 
1.75%, 08/18/31 (Call 05/18/31)   6,284    5,061,750 
2.63%, 04/01/30 (Call 01/01/30)   8,371    7,360,936 
Pfizer Investment Enterprises Pte Ltd.          
4.65%, 05/19/30 (Call 03/19/30)(a)   15,940    15,592,697 
4.75%, 05/19/33 (Call 02/19/33)   29,503    28,526,542 
Takeda Pharmaceutical Co. Ltd., 2.05%,          
03/31/30 (Call 12/31/29)   14,919    12,546,802 
Viatris Inc., 2.70%, 06/22/30 (Call 03/22/30)   8,738    7,356,918 
Wyeth LLC, 6.50%, 02/01/34   4,890    5,338,283 
Zoetis Inc.          
2.00%, 05/15/30 (Call 02/15/30)   4,630    3,866,458 
5.60%, 11/16/32 (Call 08/16/32)(a)   4,848    4,950,403 
         481,716,106 
Pipelines — 3.6%          
Abu Dhabi Crude Oil Pipeline LLC, 3.65%,
11/02/29(a)(b)
   3,565’    3,304,505 
Boardwalk Pipelines LP          
3.40%, 02/15/31 (Call 11/15/30)   3,437    2,987,685 
3.60%, 09/01/32 (Call 06/01/32)   3,362    2,884,732 
5.63%, 08/01/34 (Call 05/01/34)   1,900    1,860,166 
Cameron LNG LLC, 2.90%, 07/15/31
(Call 04/15/31)(b)
   5,442    4,652,450 
Cheniere Corpus Christi Holdings LLC, 3.70%,
11/15/29 (Call 05/18/29)
   7,301    6,712,715 
Cheniere Energy Inc., 5.65%, 04/15/34
(Call 10/15/33)(a)(b)
   8,890    8,815,515 
Cheniere Energy Partners LP          
3.25%, 01/31/32 (Call 01/31/27)(a)   7,632    6,468,387 
4.00%, 03/01/31 (Call 03/01/26)(a)   9,220    8,309,571 
4.50%, 10/01/29 (Call 10/01/24)   8,948    8,503,499 

Security 

Par

(000)

   Value 
           
Pipelines (continued)          
5.75%, 08/15/34 (Call 02/15/34)(b)  $5,750   $5,711,654 
5.95%, 06/30/33 (Call 12/30/32)(a)   8,827    8,905,041 
Colonial Enterprises Inc., 3.25%, 05/15/30          
(Call 02/15/30)(a)(b)   4,003    3,560,699 
Colonial Pipeline Co., 7.63%, 04/15/32(a)(b)   1,165    1,319,179 
Columbia Pipelines Holding Co. LLC, 5.68%,          
01/15/34 (Call 10/15/33)(b)   2,910    2,853,745 
Columbia Pipelines Operating Co. LLC          
5.93%, 08/15/30 (Call 06/15/30)(b)   3,090    3,135,446 
6.04%, 11/15/33 (Call 08/15/33)(b)   9,225    9,402,978 
DCP Midstream Operating LP          
3.25%, 02/15/32 (Call 08/15/31)   3,125    2,664,326 
8.13%, 08/16/30   2,210    2,496,150 
DT Midstream Inc., 4.30%, 04/15/32          
(Call 01/15/32)(b)   4,100    3,683,682 
Eastern Gas Transmission & Storage Inc.,          
3.00%, 11/15/29 (Call 08/15/29)   3,310    2,940,734 
El Paso Natural Gas Co. LLC          
3.50%, 02/15/32 (Call 11/15/31)(a)(b)   2,064    1,744,704 
8.38%, 06/15/32   1,645    1,890,851 
Enbridge Inc.          
2.50%, 08/01/33 (Call 05/01/33)   6,603    5,211,735 
3.13%, 11/15/29 (Call 08/15/29)   5,640    5,076,709 
5.63%, 04/05/34 (Call 01/05/34)   7,090    7,047,317 
5.70%, 03/08/33 (Call 12/08/32)   13,340    13,386,303 
6.20%, 11/15/30 (Call 09/15/30)(a)   3,450    3,607,238 
7.63%, 01/15/83 (Call 10/15/32),          
(5-year CMT + 4.418%)(a)(c)   1,835    1,858,021 
8.50%, 01/15/84 (Call 10/15/33),          
(5-year CMT + 4.431%)(a)(c)   3,530    3,793,698 
Series 20-A, 5.75%, 07/15/80          
(Call 04/15/30), (5-year CMT + 5.314%)(c)   5,333    4,969,870 
Energy Transfer LP          
3.75%, 05/15/30 (Call 02/15/30)   9,046    8,274,406 
4.15%, 09/15/29 (Call 06/15/29)   3,306    3,119,093 
5.55%, 05/15/34 (Call 02/15/34)   2,460    2,418,886 
5.75%, 02/15/33 (Call 11/15/32)   9,362    9,360,594 
6.40%, 12/01/30 (Call 10/01/30)   6,127    6,394,848 
6.55%, 12/01/33 (Call 09/01/33)   9,465    9,976,314 
7.38%, 02/01/31 (Call 02/01/26)(a)(b)   4,950    5,138,922 
8.25%, 11/15/29 (Call 08/15/29)(a)   1,760    1,964,343 
EnLink Midstream LLC, 6.50%, 09/01/30          
(Call 03/01/30)(b)   1,545    1,578,238 
Enterprise Products Operating LLC          
2.80%, 01/31/30 (Call 10/31/29)   8,066    7,169,583 
4.85%, 01/31/34 (Call 10/31/33)(a)   6,610    6,398,547 
5.35%, 01/31/33 (Call 10/31/32)(a)   6,113    6,135,439 
Series D, 6.88%, 03/01/33   3,175    3,511,208 
Flex Intermediate Holdco LLC, 3.36%, 06/30/31          
(Call 12/30/30)(b)   5,110    4,202,792 
Florida Gas Transmission Co. LLC          
2.30%, 10/01/31 (Call 07/01/31)(a)(b)   4,277    3,436,681 
2.55%, 07/01/30 (Call 04/01/30)(a)(b)   3,294    2,829,805 
GNL Quintero SA, 4.63%, 07/31/29(b)   2,443    2,383,555 
Kinder Morgan Energy Partners LP          
7.30%, 08/15/33   1,005    1,116,556 
7.40%, 03/15/31   1,697    1,861,919 
7.75%, 03/15/32   2,230    2,498,508 
Kinder Morgan Inc.          
2.00%, 02/15/31 (Call 11/15/30)(a)   5,126    4,171,526 
4.80%, 02/01/33 (Call 11/01/32)   5,063    4,762,943 


28

 

 

Schedule of Investments (unaudited) (continued)

iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security 

Par

(000)

   Value 
         
Pipelines (continued)          
5.20%, 06/01/33 (Call 03/01/33)  $9,302   $8,979,248 
5.40%, 02/01/34 (Call 11/01/33)   6,375    6,237,820 
7.75%, 01/15/32   6,129    6,886,662 
7.80%, 08/01/31   3,263    3,695,433 
MPLX LP          
2.65%, 08/15/30 (Call 05/15/30)   9,919    8,472,466 
4.95%, 09/01/32 (Call 06/01/32)(a)   6,480    6,167,211 
5.00%, 03/01/33 (Call 12/01/32)   6,815    6,475,545 
5.50%, 06/01/34 (Call 03/01/34)   4,245    4,152,024 
NGPL PipeCo LLC, 3.25%, 07/15/31
(Call 04/15/31)(a)(b)
   4,835    4,106,771 
ONEOK Inc.          
3.10%, 03/15/30 (Call 12/15/29)   5,244    4,647,410 
3.25%, 06/01/30 (Call 03/01/30)(a)   3,093    2,765,384 
3.40%, 09/01/29 (Call 06/01/29)   4,356    3,970,161 
5.80%, 11/01/30 (Call 09/01/30)   3,578    3,643,284 
6.05%, 09/01/33 (Call 06/01/33)   9,262    9,480,993 
6.10%, 11/15/32 (Call 08/15/32)(a)   4,940    5,090,244 
6.35%, 01/15/31 (Call 10/15/30)   3,089    3,221,267 
Pipeline Funding Co. LLC, 7.50%, 01/15/30(a)(b)   323    338,467 
Plains All American Pipeline LP/PAA Finance Corp.          
3.55%, 12/15/29 (Call 09/15/29)   6,586    5,984,400 
3.80%, 09/15/30 (Call 06/15/30)   5,082    4,623,617 
Sabine Pass Liquefaction LLC, 4.50%, 05/15/30
(Call 11/15/29)
   12,683    12,114,165 
Southern Natural Gas Co. LLC, 8.00%, 03/01/32(a)   737    829,542 
Targa Resources Corp.          
4.20%, 02/01/33 (Call 11/01/32)   4,640    4,163,654 
6.13%, 03/15/33 (Call 12/15/32)   5,563    5,711,486 
6.50%, 03/30/34 (Call 12/30/33)   6,108    6,446,890 
Targa Resources Partners LP/Targa Resources Partners Finance Corp.          
4.00%, 01/15/32 (Call 07/15/26)   6,250    5,586,570 
4.88%, 02/01/31 (Call 02/01/26)   6,260    5,945,130 
5.50%, 03/01/30 (Call 03/01/25)   6,312    6,224,078 
Tennessee Gas Pipeline Co. LLC, 2.90%, 03/01/30 (Call 12/01/29)(b)   6,354    5,516,795 
Texas Eastern Transmission LP, 7.00%, 07/15/32(a)   3,198    3,477,862 
TransCanada PipeLines Ltd.          
2.50%, 10/12/31 (Call 07/12/31)(a)   6,679    5,545,573 
4.10%, 04/15/30 (Call 01/15/30)(a)   7,981    7,486,653 
4.63%, 03/01/34 (Call 12/01/33)   8,140    7,562,167 
5.60%, 03/31/34(a)   545    539,396 
Transcanada Trust          
5.50%, 09/15/79 (Call 09/15/29),
(1-day SOFR + 4.416%)(c)
   5,827    5,328,706 
5.60%, 03/07/82 (Call 12/07/31),
(5-year CMT + 3.986%)(a)(c)
   4,546    4,093,423 
Transcontinental Gas Pipe Line Co. LLC,
3.25%, 05/15/30 (Call 02/15/30)
   4,434    3,967,850 
Western Midstream Operating LP          
4.05%, 02/01/30 (Call 11/01/29)(a)   7,336    6,790,446 
6.15%, 04/01/33 (Call 01/01/33)   5,093    5,168,458 
Williams Companies Inc. (The)          
2.60%, 03/15/31 (Call 12/15/30)   9,014    7,577,951 
3.50%, 11/15/30 (Call 08/15/30)   6,240    5,618,009 
4.65%, 08/15/32 (Call 05/15/32)   6,172    5,848,646 
5.15%, 03/15/34 (Call 12/15/33)   4,795    4,654,621 

Security 

Par

(000)

   Value 
           
Pipelines (continued)          
5.65%, 03/15/33 (Call 12/15/32)  $4,618   $4,644,425 
7.75%, 06/15/31(a)   1,842    2,023,460 
8.75%, 03/15/32   2,776    3,285,117 
Series A, 7.50%, 01/15/31   2,202    2,425,496 
         485,978,987 
Private Equity — 0.0%          
Apollo Management Holdings LP, 2.65%,
06/05/30 (Call 03/05/30)(a)(b)
   3,563    3,089,733 
Carlyle Finance Subsidiary LLC, 3.50%,
09/19/29 (Call 06/19/29)(a)(b)
   2,962    2,710,016 
         5,799,749 
Real Estate — 0.1%          
CBRE Services Inc., 2.50%, 04/01/31
(Call 01/01/31)(a)
   3,498    2,883,049 
Corp. Inmobiliaria Vesta SAB de CV, 3.63%,
05/13/31 (Call 02/13/31)(a)(b)
   2,415    2,048,235 
Mitsui Fudosan Co. Ltd., 2.57%, 01/21/32
(Call 10/21/31)(b)
   295    244,000 
Ontario Teachers’ Cadillac Fairview Properties Trust, 2.50%, 10/15/31 (Call 07/15/31)(b)   5,545    4,485,144 
         9,660,428 
Real Estate Investment Trusts — 4.8%          
Agree LP          
2.60%, 06/15/33 (Call 03/15/33)   1,160    904,974 
2.90%, 10/01/30 (Call 07/01/30)(a)   2,415    2,065,893 
4.80%, 10/01/32 (Call 07/01/32)(a)   1,150    1,078,064 
5.63%, 06/15/34 (Call 03/15/34)   470    462,311 
Alexandria Real Estate Equities Inc.          
1.88%, 02/01/33 (Call 11/01/32)   5,390    4,040,765 
2.00%, 05/18/32 (Call 02/18/32)   7,770    6,056,659 
2.75%, 12/15/29 (Call 09/15/29)   2,577    2,256,357 
2.95%, 03/15/34 (Call 12/15/33)   4,435    3,572,280 
3.38%, 08/15/31 (Call 05/15/31)   4,330    3,804,053 
4.50%, 07/30/29 (Call 04/30/29)   1,721    1,651,824 
4.70%, 07/01/30 (Call 04/01/30)   2,660    2,554,861 
4.90%, 12/15/30 (Call 09/15/30)(a)   4,153    4,046,817 
American Assets Trust LP, 3.38%, 02/01/31
(Call 11/01/30)
   3,120    2,557,684 
American Homes 4 Rent LP          
2.38%, 07/15/31 (Call 04/15/31)(a)   2,598    2,098,616 
3.63%, 04/15/32 (Call 01/15/32)   3,416    2,959,256 
5.50%, 02/01/34 (Call 11/01/33)   2,900    2,839,316 
American Tower Corp.          
1.88%, 10/15/30 (Call 07/15/30)   5,022    4,055,573 
2.10%, 06/15/30 (Call 03/15/30)   4,614    3,834,287 
2.30%, 09/15/31 (Call 06/15/31)   4,586    3,716,311 
2.70%, 04/15/31 (Call 01/15/31)   4,310    3,625,273 
2.90%, 01/15/30 (Call 10/15/29)   5,125    4,495,134 
3.80%, 08/15/29 (Call 05/15/29)   321    297,048 
4.05%, 03/15/32 (Call 12/15/31)   4,269    3,869,632 
5.45%, 02/15/34 (Call 11/15/33)(a)   4,065    4,014,367 
5.55%, 07/15/33 (Call 04/15/33)(a)   5,270    5,236,258 
5.65%, 03/15/33 (Call 12/15/32)(a)   5,076    5,086,721 
5.90%, 11/15/33 (Call 08/15/33)(a)   4,725    4,828,283 
AvalonBay Communities Inc.          
2.05%, 01/15/32 (Call 10/15/31)(a)   5,840    4,745,718 
2.30%, 03/01/30 (Call 12/01/29)   4,368    3,753,827 
2.45%, 01/15/31 (Call 10/17/30)   3,691    3,125,262 
5.00%, 02/15/33 (Call 11/15/32)   1,735    1,683,021 
5.30%, 12/07/33 (Call 09/07/33)(a)   2,355    2,330,951 


29

 

 

Schedule of Investments (unaudited) (continued)

iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security 

Par

(000)

   Value 
         
Real Estate Investment Trusts (continued)          
5.35%, 06/01/34 (Call 03/01/34)  $1,010   $1,002,681 
Boston Properties LP          
2.45%, 10/01/33 (Call 07/01/33)   4,915    3,633,470 
2.55%, 04/01/32 (Call 01/01/32)   5,585    4,351,600 
2.90%, 03/15/30 (Call 12/15/29)   4,191    3,545,873 
3.25%, 01/30/31 (Call 10/30/30)   7,753    6,535,368 
3.40%, 06/21/29 (Call 03/21/29)   249    220,137 
6.50%, 01/15/34 (Call 10/15/33)(a)   4,580    4,652,675 
Brixmor Operating Partnership LP          
2.50%, 08/16/31 (Call 05/16/31)   2,930    2,393,316 
4.05%, 07/01/30 (Call 04/01/30)   4,865    4,478,704 
5.50%, 02/15/34 (Call 11/15/33)   1,905    1,858,651 
Broadstone Net Lease LLC, 2.60%, 09/15/31          
(Call 06/15/31)   2,232    1,771,313 
Camden Property Trust          
2.80%, 05/15/30 (Call 02/15/30)   4,482    3,927,454 
3.15%, 07/01/29 (Call 04/01/29)   3,586    3,240,861 
4.90%, 01/15/34 (Call 10/15/33)(a)   2,185    2,080,950 
Cibanco SA Ibm/PLA Administradora Industrial          
S de RL de CV, 4.96%, 07/18/29          
(Call 04/18/29)(b)   2,360    2,242,601 
COPT Defense Properties LP          
2.75%, 04/15/31 (Call 01/15/31)(a)   3,601    2,963,087 
2.90%, 12/01/33 (Call 09/01/33)   305    238,253 
Crown Castle Inc.          
2.10%, 04/01/31 (Call 01/01/31)   6,436    5,179,301 
2.25%, 01/15/31 (Call 10/15/30)   6,930    5,674,399 
2.50%, 07/15/31 (Call 04/15/31)   5,453    4,481,279 
3.10%, 11/15/29 (Call 08/15/29)   3,897    3,469,157 
3.30%, 07/01/30 (Call 04/01/30)(a)   4,848    4,287,958 
5.10%, 05/01/33 (Call 02/01/33)(a)   4,971    4,772,017 
5.80%, 03/01/34 (Call 12/01/33)(a)   4,965    4,997,773 
CubeSmart LP          
2.00%, 02/15/31 (Call 11/15/30)   1,515    1,210,277 
2.50%, 02/15/32 (Call 11/15/31)(a)   2,840    2,298,798 
3.00%, 02/15/30 (Call 11/15/29)   2,376    2,082,283 
DOC DR LLC, 2.63%, 11/01/31          
(Call 08/01/31)(a)   2,655    2,183,473 
EPR Properties, 3.60%, 11/15/31          
(Call 08/15/31)   1,815    1,507,090 
Equinix Europe 2 Financing Corp. LLC, 5.50%,          
06/15/34 (Call 03/15/34)   2,825    2,792,083 
Equinix Inc.          
2.15%, 07/15/30 (Call 04/15/30)   7,039    5,837,049 
2.50%, 05/15/31 (Call 02/15/31)   7,133    5,921,456 
3.20%, 11/18/29 (Call 08/18/29)   7,346    6,580,261 
3.90%, 04/15/32 (Call 01/15/32)(a)   10,333    9,322,691 
ERP Operating LP          
1.85%, 08/01/31 (Call 05/01/31)(a)   4,147    3,333,323 
2.50%, 02/15/30 (Call 11/15/29)   3,237    2,803,095 
3.00%, 07/01/29 (Call 04/01/29)(a)   310    280,246 
Essential Properties LP, 2.95%, 07/15/31          
(Call 04/15/31)(a)   2,384    1,941,082 
Essex Portfolio LP          
1.65%, 01/15/31 (Call 10/15/30)   2,060    1,618,234 
2.55%, 06/15/31 (Call 03/15/31)(a)   1,787    1,473,316 
2.65%, 03/15/32 (Call 12/15/31)   3,700    3,021,981 
3.00%, 01/15/30 (Call 10/15/29)(a)   3,441    3,026,895 
5.50%, 04/01/34 (Call 01/01/34)   1,060    1,041,490 
Extra Space Storage LP          
2.20%, 10/15/30 (Call 07/15/30)   2,481    2,031,336 

Security 

Par

(000)

   Value 
         
Real Estate Investment Trusts (continued)          
2.35%, 03/15/32 (Call 12/15/31)  $3,580   $2,836,953 
2.40%, 10/15/31 (Call 07/15/31)(a)   3,329    2,711,558 
2.55%, 06/01/31 (Call 03/01/31)(a)   2,740    2,262,124 
4.00%, 06/15/29 (Call 03/15/29)   1,906    1,782,988 
5.40%, 02/01/34 (Call 11/01/33)   3,160    3,073,226 
5.50%, 07/01/30 (Call 05/01/30)   2,780    2,780,851 
5.90%, 01/15/31 (Call 11/15/30)(a)   3,285    3,343,698 
Federal Realty OP LP, 3.50%, 06/01/30          
(Call 03/01/30)(a)   2,379    2,141,057 
GLP Capital LP/GLP Financing II Inc.          
3.25%, 01/15/32 (Call 10/15/31)(a)   4,871    4,042,221 
4.00%, 01/15/30 (Call 10/15/29)(a)   4,311    3,905,987 
4.00%, 01/15/31 (Call 10/15/30)   4,409    3,914,744 
6.75%, 12/01/33 (Call 09/01/33)   1,625    1,687,563 
Goodman U.S. Finance Five LLC, 4.63%,          
05/04/32 (Call 02/04/32)(b)   230    210,002 
HAT Holdings I LLC/HAT Holdings II LLC,          
3.75%, 09/15/30(a)(b)   175    151,627 
Healthcare Realty Holdings LP          
2.00%, 03/15/31 (Call 12/15/30)   4,708    3,698,243 
2.05%, 03/15/31 (Call 12/15/30)(a)   1,880    1,445,534 
2.40%, 03/15/30 (Call 12/15/29)   1,810    1,478,496 
3.10%, 02/15/30 (Call 11/15/29)   3,928    3,410,686 
Healthpeak OP LLC          
2.88%, 01/15/31 (Call 10/15/30)   3,663    3,140,936 
3.00%, 01/15/30 (Call 10/15/29)(a)   4,586    4,047,295 
5.25%, 12/15/32 (Call 09/15/32)(a)   3,894    3,817,644 
Highwoods Realty LP          
2.60%, 02/01/31 (Call 11/01/30)(a)   2,030    1,610,713 
3.05%, 02/15/30 (Call 11/15/29)(a)   2,453    2,066,931 
7.65%, 02/01/34 (Call 11/01/33)(a)   175    187,645 
Host Hotels & Resorts LP          
5.70%, 07/01/34 (Call 04/01/34)   2,000    1,960,208 
Series H, 3.38%, 12/15/29 (Call 09/15/29)   3,360    2,985,014 
Series I, 3.50%, 09/15/30 (Call 06/15/30)   6,650    5,866,648 
Series J, 2.90%, 12/15/31 (Call 09/15/31)   2,445    2,026,399 
Invitation Homes Operating Partnership LP          
2.00%, 08/15/31 (Call 05/15/31)   3,799    2,981,796 
2.70%, 01/15/34 (Call 10/15/33)   670    526,090 
4.15%, 04/15/32 (Call 01/15/32)(a)   3,360    3,057,715 
5.45%, 08/15/30 (Call 06/15/30)(a)   2,855    2,844,681 
5.50%, 08/15/33 (Call 05/15/33)(a)   2,678    2,643,373 
Kilroy Realty LP          
2.50%, 11/15/32 (Call 08/15/32)   3,490    2,600,926 
2.65%, 11/15/33 (Call 08/15/33)   2,030    1,485,543 
3.05%, 02/15/30 (Call 11/15/29)   3,606    3,036,249 
4.25%, 08/15/29 (Call 05/15/29)   1,571    1,414,876 
Kimco Realty OP LLC          
2.25%, 12/01/31 (Call 09/01/31)   2,797    2,226,951 
2.70%, 10/01/30 (Call 07/01/30)(a)   3,952    3,389,627 
3.20%, 04/01/32 (Call 01/01/32)(a)   3,500    2,984,835 
4.60%, 02/01/33 (Call 11/01/32)(a)   3,130    2,922,267 
6.40%, 03/01/34 (Call 12/01/33)(a)   2,038    2,151,623 
Kite Realty Group LP, 5.50%, 03/01/34          
(Call 12/01/33)   475    463,393 
Kite Realty Group Trust, 4.75%, 09/15/30          
(Call 06/15/30)   2,000    1,898,912 
LXP Industrial Trust          
2.38%, 10/01/31 (Call 07/01/31)   2,200    1,737,278 
2.70%, 09/15/30 (Call 06/15/30)(a)   2,361    1,965,116 


30

 

 

Schedule of Investments (unaudited) (continued)

iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security 

Par

(000)

   Value 
         
Real Estate Investment Trusts (continued)          
Mid-America Apartments LP          
1.70%, 02/15/31 (Call 11/15/30)  $2,917   $2,318,325 
2.75%, 03/15/30 (Call 12/15/29)(a)   1,798    1,581,515 
5.00%, 03/15/34 (Call 12/15/33)(a)   1,725    1,665,128 
5.30%, 02/15/32 (Call 12/15/31)   1,985    1,969,011 
National Health Investors Inc., 3.00%, 02/01/31
(Call 11/01/30)(a)
   2,588    2,106,701 
NNN REIT Inc.          
2.50%, 04/15/30 (Call 01/15/30)   2,637    2,244,761 
5.50%, 06/15/34 (Call 03/15/34)   2,275    2,244,337 
5.60%, 10/15/33 (Call 07/15/33)(a)   2,925    2,912,222 
Omega Healthcare Investors Inc.          
3.25%, 04/15/33 (Call 01/15/33)(a)   3,392    2,717,699 
3.38%, 02/01/31 (Call 11/01/30)(a)   4,155    3,535,425 
3.63%, 10/01/29 (Call 07/01/29)   3,090    2,745,835 
Phillips Edison Grocery Center Operating          
Partnership I LP          
2.63%, 11/15/31 (Call 08/15/31)(a)   2,110    1,711,124 
5.75%, 07/15/34 (Call 04/15/34)(a)   1,725    1,707,102 
Piedmont Operating Partnership LP          
2.75%, 04/01/32 (Call 01/01/32)(a)   1,340    964,123 
3.15%, 08/15/30 (Call 05/15/30)   2,764    2,183,865 
Prologis LP          
1.25%, 10/15/30 (Call 07/15/30)(a)   5,240    4,153,385 
1.63%, 03/15/31 (Call 12/15/30)(a)   1,495    1,187,536 
1.75%, 07/01/30 (Call 04/01/30)(a)   2,241    1,836,488 
1.75%, 02/01/31 (Call 11/01/30)(a)   4,904    3,964,608 
2.25%, 04/15/30 (Call 01/15/30)   6,237    5,322,467 
2.25%, 01/15/32 (Call 10/15/31)(a)   3,906    3,171,242 
2.88%, 11/15/29 (Call 08/15/29)(a)   2,282    2,039,974 
4.63%, 01/15/33 (Call 10/15/32)(a)   4,825    4,601,291 
4.75%, 06/15/33 (Call 03/15/33)   4,110    3,944,592 
5.00%, 03/15/34 (Call 12/15/33)   5,190    5,060,804 
5.13%, 01/15/34 (Call 10/15/33)   3,190    3,139,495 
Prologis Targeted U.S. Logistics Fund LP,          
5.50%, 04/01/34 (Call 01/01/34)(b)   425    421,232 
Public Storage Operating Co.          
2.25%, 11/09/31 (Call 08/09/31)(a)   3,265    2,673,060 
2.30%, 05/01/31 (Call 02/01/31)(a)   4,018    3,349,819 
5.10%, 08/01/33 (Call 05/01/33)   4,180    4,123,488 
Rayonier LP, 2.75%, 05/17/31 (Call 02/17/31)   3,048    2,516,515 
Realty Income Corp.          
1.80%, 03/15/33 (Call 12/15/32)   1,980    1,479,721 
2.70%, 02/15/32 (Call 11/15/31)(a)   1,961    1,626,595 
2.85%, 12/15/32 (Call 09/15/32)   3,725    3,060,542 
3.10%, 12/15/29 (Call 09/15/29)   3,735    3,340,781 
3.20%, 02/15/31 (Call 11/15/30)   2,596    2,265,798 
3.25%, 06/15/29 (Call 03/15/29)(a)   2,375    2,175,861 
3.25%, 01/15/31 (Call 10/15/30)   5,722    5,054,726 
3.40%, 01/15/30 (Call 10/15/29)   3,122    2,824,841 
4.00%, 07/15/29 (Call 04/15/29)(a)   2,159    2,032,188 
4.85%, 03/15/30 (Call 01/15/30)   3,855    3,767,256 
4.90%, 07/15/33 (Call 04/15/33)   3,965    3,780,786 
5.13%, 02/15/34 (Call 11/15/33)   3,990    3,861,828 
5.63%, 10/13/32 (Call 07/13/32)(a)   4,330    4,371,873 
Regency Centers LP          
2.95%, 09/15/29 (Call 06/15/29)(a)   2,717    2,425,158 
3.70%, 06/15/30 (Call 03/15/30)   3,713    3,392,460 
5.25%, 01/15/34 (Call 10/15/33)(a)   1,445    1,405,900 

Security 

Par

(000)

   Value 
         
Real Estate Investment Trusts (continued)          
Rexford Industrial Realty LP          
2.13%, 12/01/30 (Call 09/01/30)  $1,688   $1,373,919 
2.15%, 09/01/31 (Call 06/01/31)(a)   4,275    3,407,179 
Sabra Health Care LP          
3.20%, 12/01/31 (Call 09/01/31)   4,808    3,962,156 
3.90%, 10/15/29 (Call 07/15/29)   2,159    1,930,620 
Safehold GL Holdings LLC          
2.80%, 06/15/31 (Call 03/15/31)(a)   2,362    1,964,016 
2.85%, 01/15/32 (Call 08/15/31)(a)   1,365    1,117,873 
6.10%, 04/01/34 (Call 01/01/34)   1,320    1,308,366 
Scentre Group Trust 1/Scentre Group Trust 2,          
4.38%, 05/28/30 (Call 02/28/30)(a)(b)   4,517    4,277,896 
Scentre Group Trust 2, 5.13%, 09/24/80          
(Call 06/24/30), (5-year CMT + 4.685%)(b)(c)   275    251,540 
Simon Property Group LP          
2.20%, 02/01/31 (Call 11/01/30)(a)   4,291    3,529,988 
2.25%, 01/15/32 (Call 10/15/31)(a)   4,043    3,260,556 
2.45%, 09/13/29 (Call 06/13/29)   7,496    6,534,345 
2.65%, 07/15/30 (Call 04/15/30)   4,507    3,902,171 
2.65%, 02/01/32 (Call 12/01/31)(a)   4,000    3,325,130 
5.50%, 03/08/33 (Call 12/08/32)   3,180    3,187,003 
6.25%, 01/15/34 (Call 10/15/33)(a)   2,345    2,468,319 
Store Capital LLC          
2.70%, 12/01/31 (Call 09/01/31)(a)   2,228    1,779,147 
2.75%, 11/18/30 (Call 08/18/30)(a)   2,189    1,787,048 
Sun Communities Operating LP          
2.70%, 07/15/31 (Call 04/15/31)(a)   4,307    3,538,292 
4.20%, 04/15/32 (Call 01/15/32)   3,420    3,051,570 
5.70%, 01/15/33 (Call 10/15/32)   1,888    1,858,166 
Tanger Properties LP, 2.75%, 09/01/31          
(Call 06/01/31)(a)   2,308    1,876,636 
Trust Fibra Uno          
4.87%, 01/15/30 (Call 10/30/29)(b)   3,465    3,037,675 
7.38%, 02/13/34 (Call 11/13/33)(b)   2,265    2,247,972 
UDR Inc.          
1.90%, 03/15/33 (Call 12/15/32)   1,040    783,410 
2.10%, 08/01/32 (Call 05/01/32)   1,680    1,299,307 
2.10%, 06/15/33 (Call 03/15/33)(a)   2,065    1,552,241 
3.00%, 08/15/31 (Call 05/15/31)(a)   3,392    2,905,758 
3.20%, 01/15/30 (Call 10/15/29)   3,718    3,328,969 
Ventas Realty LP          
2.50%, 09/01/31 (Call 06/01/31)(a)   2,812    2,293,439 
3.00%, 01/15/30 (Call 10/15/29)   4,316    3,778,863 
4.75%, 11/15/30 (Call 08/15/30)(a)   2,782    2,652,969 
5.63%, 07/01/34 (Call 04/01/34)   1,600    1,577,337 
VICI Properties LP          
4.95%, 02/15/30 (Call 12/15/29)   6,076    5,820,724 
5.13%, 05/15/32 (Call 02/15/32)(a)   8,973    8,480,224 
5.75%, 04/01/34 (Call 01/01/34)(a)   3,480    3,422,757 
VICI Properties LP/VICI Note Co. Inc.          
4.13%, 08/15/30 (Call 02/15/25)(a)(b)   6,185    5,573,094 
4.63%, 12/01/29 (Call 12/01/24)(a)(b)   6,166    5,771,026 
Welltower OP LLC          
2.75%, 01/15/31 (Call 10/15/30)   3,767    3,221,115 
2.75%, 01/15/32 (Call 10/15/31)   2,945    2,459,679 
2.80%, 06/01/31 (Call 03/01/31)(a)   4,873    4,140,662 
3.10%, 01/15/30 (Call 10/15/29)   4,650    4,147,708 
3.85%, 06/15/32 (Call 03/15/32)(a)   3,530    3,170,703 
Weyerhaeuser Co.          
3.38%, 03/09/33 (Call 12/09/32)   3,265    2,792,472 
4.00%, 11/15/29 (Call 08/15/29)   4,657    4,357,329 


31

 

 

Schedule of Investments (unaudited) (continued)

iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security 

Par

(000)

   Value 
         
Real Estate Investment Trusts (continued)          
4.00%, 04/15/30 (Call 01/15/30)  $5,168   $4,809,132 
6.88%, 12/15/33(a)   130    141,425 
7.38%, 03/15/32(a)   4,285    4,801,320 
WP Carey Inc.          
2.25%, 04/01/33 (Call 01/01/33)(a)   737    561,021 
2.40%, 02/01/31 (Call 11/01/30)   3,179    2,642,976 
2.45%, 02/01/32 (Call 11/01/31)   2,991    2,401,646 
3.85%, 07/15/29 (Call 04/15/29)(a)   1,686    1,558,491 
         643,273,838 
Retail — 2.3%          
7-Eleven Inc., 1.80%, 02/10/31          
(Call 11/10/30)(a)(b)   10,546    8,415,228 
Alimentation Couche-Tard Inc.          
2.95%, 01/25/30 (Call 10/25/29)(a)(b)   4,756    4,231,466 
5.27%, 02/12/34 (Call 11/12/33)(a)(b)   4,060    3,985,712 
AutoNation Inc.          
2.40%, 08/01/31 (Call 05/01/31)(a)   2,832    2,270,667 
3.85%, 03/01/32 (Call 12/01/31)(a)   4,206    3,703,180 
4.75%, 06/01/30 (Call 03/01/30)(a)   3,297    3,138,073 
AutoZone Inc.          
1.65%, 01/15/31 (Call 10/15/30)   3,963    3,157,414 
4.00%, 04/15/30 (Call 01/15/30)   4,870    4,564,600 
4.75%, 08/01/32 (Call 05/01/32)(a)   4,700    4,492,248 
4.75%, 02/01/33 (Call 11/01/32)   3,495    3,326,153 
5.20%, 08/01/33 (Call 05/01/33)(a)   1,990    1,957,903 
6.55%, 11/01/33 (Call 08/01/33)(a)   3,145    3,377,999 
Best Buy Co. Inc., 1.95%, 10/01/30          
(Call 07/01/30)(a)   4,352    3,578,820 
CK Hutchison International 24 Ltd., 5.50%,          
04/26/34 (Call 01/26/34)(a)(b)   6,593    6,614,748 
Costco Wholesale Corp.          
1.60%, 04/20/30 (Call 01/20/30)(a)   10,874    9,067,371 
1.75%, 04/20/32 (Call 01/20/32)   6,309    5,036,426 
Darden Restaurants Inc., 6.30%, 10/10/33          
(Call 07/10/33)(a)   3,600    3,699,844 
Dick’s Sporting Goods Inc., 3.15%, 01/15/32          
(Call 10/15/31)(a)   4,764    4,014,772 
Dollar General Corp.          
3.50%, 04/03/30 (Call 01/03/30)   7,961    7,230,873 
5.00%, 11/01/32 (Call 08/01/32)(a)   4,557    4,434,746 
5.45%, 07/05/33 (Call 04/05/33)(a)   5,385    5,331,881 
Dollar Tree Inc., 2.65%, 12/01/31          
(Call 09/01/31)(a)   5,101    4,207,724 
Genuine Parts Co.          
1.88%, 11/01/30 (Call 08/01/30)(a)   3,259    2,634,896 
2.75%, 02/01/32 (Call 11/01/31)(a)   3,283    2,716,896 
6.88%, 11/01/33 (Call 08/01/33)(a)   2,818    3,088,771 
Home Depot Inc. (The)          
1.38%, 03/15/31 (Call 12/15/30)(a)   7,907    6,253,407 
1.88%, 09/15/31 (Call 06/15/31)   6,127    4,957,681 
2.70%, 04/15/30 (Call 01/15/30)   9,199    8,116,229 
2.95%, 06/15/29 (Call 03/15/29)   3,725    3,393,214 
3.25%, 04/15/32 (Call 01/15/32)   7,391    6,513,772 
4.50%, 09/15/32 (Call 06/15/32)(a)   7,582    7,339,644 
Lowe’s Companies Inc.          
1.70%, 10/15/30 (Call 07/15/30)   8,088    6,553,332 
2.63%, 04/01/31 (Call 01/01/31)(a)   8,962    7,612,881 
3.75%, 04/01/32 (Call 01/01/32)   9,027    8,163,971 
4.50%, 04/15/30 (Call 01/15/30)   7,826    7,568,126 
5.00%, 04/15/33 (Call 01/15/33)(a)   6,607    6,481,052 
5.15%, 07/01/33 (Call 04/01/33)(a)   6,849    6,791,354 

Security 

Par

(000)

   Value 
         
Retail (continued)          
McDonald’s Corp.          
2.13%, 03/01/30 (Call 12/01/29)  $4,627   $3,933,516 
2.63%, 09/01/29 (Call 06/01/29)   5,858    5,217,769 
3.60%, 07/01/30 (Call 04/01/30)   6,274    5,778,234 
4.60%, 09/09/32 (Call 06/09/32)(a)   4,821    4,638,233 
4.95%, 08/14/33 (Call 05/14/33)(a)   4,168    4,086,682 
5.20%, 05/17/34 (Call 02/17/34)(a)   2,185    2,168,754 
O’Reilly Automotive Inc.          
1.75%, 03/15/31 (Call 12/15/30)(a)   3,278    2,629,424 
4.20%, 04/01/30 (Call 01/01/30)   3,320    3,145,660 
4.70%, 06/15/32 (Call 03/15/32)(a)   5,245    5,026,906 
Ross Stores Inc., 1.88%, 04/15/31          
(Call 01/15/31)   3,474    2,817,059 
Starbucks Corp.          
2.25%, 03/12/30 (Call 12/12/29)(a)   4,645    3,978,161 
2.55%, 11/15/30 (Call 08/15/30)(a)   7,554    6,468,993 
3.00%, 02/14/32 (Call 11/14/31)(a)   6,182    5,320,387 
4.80%, 02/15/33 (Call 11/15/32)(a)   3,258    3,162,498 
4.90%, 02/15/31 (Call 12/15/30)(a)   3,125    3,076,996 
5.00%, 02/15/34 (Call 11/15/33)   2,930    2,845,649 
Target Corp.          
2.35%, 02/15/30 (Call 11/15/29)   4,861    4,238,708 
2.65%, 09/15/30 (Call 06/15/30)(a)   3,144    2,765,941 
4.40%, 01/15/33 (Call 10/15/32)(a)   3,063    2,946,078 
4.50%, 09/15/32 (Call 06/15/32)(a)   6,128    5,877,911 
6.35%, 11/01/32(a)   785    849,897 
TJX Companies Inc. (The)          
1.60%, 05/15/31 (Call 02/15/31)   3,427    2,746,837 
3.88%, 04/15/30 (Call 01/15/30)(a)   3,308    3,120,271 
Tractor Supply Co.          
1.75%, 11/01/30 (Call 08/01/30)   4,329    3,486,299 
5.25%, 05/15/33 (Call 02/15/33)(a)   4,690    4,645,684 
Walmart Inc.          
2.38%, 09/24/29 (Call 06/24/29)(a)   2,030    1,809,778 
3.25%, 07/08/29 (Call 04/08/29)(a)   760    709,828 
4.00%, 04/15/30 (Call 02/15/30)(a)   3,041    2,934,759 
4.10%, 04/15/33 (Call 01/15/33)(a)   8,865    8,401,146 
4.15%, 09/09/32 (Call 06/09/32)(a)   7,520    7,225,465 
7.55%, 02/15/30(a)   2,850    3,267,633 
         307,344,230 
Savings & Loans — 0.0%          
Nationwide Building Society, 3.96%, 07/18/30          
(Call 07/18/29),          
(3-mo. LIBOR US + 1.855%)(b)(c)   5,311    4,895,667 
           
Semiconductors — 2.7%          
Advanced Micro Devices Inc., 3.92%, 06/01/32          
(Call 03/01/32)(a)   3,206    2,966,328 
Analog Devices Inc.          
2.10%, 10/01/31 (Call 07/01/31)   6,435    5,290,251 
4.25%, 10/01/32 (Call 07/01/32)   200    188,805 
5.05%, 04/01/34 (Call 01/01/34)   3,620    3,596,954 
Applied Materials Inc., 1.75%, 06/01/30          
(Call 03/01/30)   5,029    4,200,790 
Broadcom Inc.          
2.45%, 02/15/31 (Call 11/15/30)(b)   16,379    13,692,951 
2.60%, 02/15/33 (Call 11/15/32)(b)   10,505    8,413,165 
3.42%, 04/15/33 (Call 01/15/33)(b)   13,166    11,251,311 
3.47%, 04/15/34 (Call 01/15/34)(a)(b)   16,560    13,956,277 
4.15%, 11/15/30 (Call 08/15/30)   11,341    10,619,498 
4.15%, 04/15/32 (Call 01/15/32)(b)   7,512    6,863,472 


32

 

 

Schedule of Investments (unaudited) (continued)

iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security 

Par

(000)

   Value 
         
Semiconductors (continued)          
4.30%, 11/15/32 (Call 08/15/32)(a)  $11,849   $10,977,065 
5.00%, 04/15/30 (Call 01/15/30)(a)   3,976    3,951,960 
Foundry JV Holdco LLC          
5.88%, 01/25/34 (Call 10/25/33)(b)   4,615    4,591,104 
5.90%, 01/25/30 (Call 12/25/29)(a)(b)   2,375    2,407,316 
6.15%, 01/25/32 (Call 11/25/31)(b)   4,205    4,285,231 
Intel Corp.          
2.00%, 08/12/31 (Call 05/12/31)   7,718    6,253,511 
2.45%,11/15/29(Call08/15/29)   12,189    10,640,523 
3.90%, 03/25/30 (Call 12/25/29)   9,300    8,688,873 
4.00%, 08/05/29 (Call 06/05/29)   2,940    2,799,235 
4.00%, 12/15/32(a)   4,546    4,157,560 
4.15%, 08/05/32 (Call 05/05/32)(a)   7,460    6,937,901 
5.00%, 02/21/31 (Call 12/21/30)(a)   3,495    3,448,771 
5.13%, 02/10/30 (Call 12/10/29)   7,808    7,797,360 
5.15%, 02/21/34 (Call 11/21/33)   4,620    4,529,552 
5.20%, 02/10/33 (Call 11/10/32)(a)   13,090    12,983,175 
KLA Corp.          
4.65%, 07/15/32 (Call 04/15/32)   6,102    5,912,765 
4.70%, 02/01/34 (Call 11/01/33)   2,350    2,266,893 
Lam Research Corp., 1.90%, 06/15/30          
(Call 03/15/30)   5,098    4,273,171 
Marvell Technology Inc.          
2.95%, 04/15/31 (Call 01/15/31)   5,020    4,298,033 
5.95%, 09/15/33 (Call 06/15/33)(a)   3,990    4,093,980 
Micron Technology Inc.          
2.70%, 04/15/32 (Call 01/15/32)   8,582    7,079,431 
4.66%, 02/15/30 (Call 11/15/29)(a)   5,130    4,952,322 
5.30%, 01/15/31 (Call 11/15/30)   6,215    6,175,422 
5.88%, 02/09/33 (Call 11/09/32)   4,605    4,714,585 
5.88%, 09/15/33 (Call 06/15/33)(a)   5,337    5,467,036 
6.75%, 11/01/29 (Call 09/01/29)   7,318    7,764,129 
NVIDIA Corp.          
2.00%, 06/15/31 (Call 03/15/31)   7,982    6,661,795 
2.85%, 04/01/30 (Call 01/01/30)   9,228    8,320,885 
NXP BV/NXP Funding LLC/NXP USA Inc.          
2.50%, 05/11/31 (Call 02/11/31)   6,602    5,512,889 
2.65%, 02/15/32 (Call 11/15/31)(a)   6,208    5,133,427 
3.40%, 05/01/30 (Call 02/01/30)   6,156    5,551,874 
5.00%, 01/15/33 (Call 10/15/32)(a)   6,038    5,861,086 
Qorvo Inc.          
3.38%, 04/01/31 (Call 04/01/26)(a)(b)   4,375    3,693,606 
4.38%, 10/15/29 (Call 10/15/24)   5,258    4,912,167 
Qualcomm Inc.          
1.65%, 05/20/32 (Call 02/20/32)   7,437    5,803,240 
2.15%, 05/20/30 (Call 02/20/30)   7,462    6,401,242 
4.25%, 05/20/32 (Call 02/20/32)   3,315    3,148,810 
5.40%, 05/20/33 (Call 02/20/33)(a)   3,975    4,099,609 
SK Hynix Inc.          
2.38%, 01/19/31(b)   5,318    4,376,921 
6.50%, 01/17/33(a)(b)   4,965    5,227,410 
Skyworks Solutions Inc., 3.00%, 06/01/31          
(Call 03/01/31)   3,194    2,671,922 
Texas Instruments Inc.          
1.75%, 05/04/30 (Call 02/04/30)   4,563    3,821,481 
1.90%, 09/15/31 (Call 06/15/31)(a)   2,385    1,964,861 
2.25%, 09/04/29 (Call 06/04/29)   4,571    4,017,962 
3.65%, 08/16/32 (Call 05/16/32)(a)   2,660    2,421,065 
4.85%, 02/08/34 (Call 11/08/33)   2,550    2,509,727 
4.90%, 03/14/33 (Call 12/14/32)   4,385    4,353,933 

Security 

Par

(000)

   Value 
         
Semiconductors (continued)          
TSMC Arizona Corp.          
2.50%, 10/25/31 (Call 07/25/31)  $8,019   $6,770,523 
4.25%, 04/22/32 (Call 01/22/32)(a)   5,325    5,117,053 
TSMC Global Ltd.          
1.38%, 09/28/30 (Call 06/28/30)(a)(b)   6,533    5,245,125 
2.25%, 04/23/31 (Call 01/23/31)(b)   8,150    6,835,524 
4.63%, 07/22/32 (Call 04/22/32)(b)   2,200    2,166,774 
Xilinx Inc., 2.38%, 06/01/30 (Call 03/01/30)   4,949    4,264,501 
         359,352,118 
Shipbuilding — 0.0%          
Huntington Ingalls Industries Inc., 4.20%,          
05/01/30 (Call 02/01/30)   3,197    2,984,891 
           
Software — 1.7%          
Adobe Inc.          
2.30%, 02/01/30 (Call 11/01/29)   8,171    7,104,253 
4.95%, 04/04/34 (Call 01/04/34)   3,290    3,252,560 
Atlassian Corp., 5.50%, 05/15/34          
(Call 02/15/34)   2,240    2,220,584 
Autodesk Inc.          
2.40%, 12/15/31 (Call 09/15/31)   6,542    5,362,819 
2.85%, 01/15/30 (Call 10/15/29)   3,371    2,977,261 
Broadridge Financial Solutions Inc.          
2.60%, 05/01/31 (Call 02/01/31)   6,372    5,327,362 
2.90%, 12/01/29 (Call 09/01/29)   4,825    4,257,735 
Concentrix Corp., 6.85%, 08/02/33          
(Call 05/02/33)(a)   4,123    4,041,794 
Constellation Software Inc./Canada, 5.46%,          
02/16/34 (Call 11/16/33)(a)(b)   1,655    1,645,956 
Electronic Arts Inc., 1.85%, 02/15/31          
(Call 11/15/30)(a)   4,693    3,796,951 
Fidelity National Information Services Inc.          
2.25%, 03/01/31 (Call 12/01/30)(a)   395    330,765 
5.10%, 07/15/32 (Call 04/15/32)(a)   4,628    4,568,795 
Fiserv Inc.          
2.65%, 06/01/30 (Call 03/01/30)   6,284    5,427,443 
3.50%, 07/01/29 (Call 04/01/29)   108    99,687 
5.35%, 03/15/31 (Call 01/15/31)(a)   3,345    3,330,701 
5.45%, 03/15/34 (Call 12/15/33)(a)   3,875    3,842,841 
5.60%, 03/02/33 (Call 12/02/32)(a)   5,496    5,518,573 
5.63%, 08/21/33 (Call 05/21/33)   7,210    7,248,955 
Intuit Inc.          
1.65%, 07/15/30 (Call 04/15/30)(a)   3,683    3,026,972 
5.20%, 09/15/33 (Call 06/15/33)   7,051    7,038,982 
Microsoft Corp., 1.35%, 09/15/30          
(Call 06/15/30)(a)(b)   2,837    2,312,398 
MSCI Inc.          
3.25%, 08/15/33 (Call 08/15/27)(a)(b)   2,907    2,387,861 
3.63%, 09/01/30 (Call 03/01/25)(a)(b)   5,440    4,828,486 
3.63%, 11/01/31 (Call 11/01/26)(a)(b)   3,995    3,476,124 
3.88%, 02/15/31 (Call 06/01/25)(a)(b)   6,090    5,438,141 
4.00%, 11/15/29 (Call 11/15/24)(a)(b)   6,180    5,684,785 
Oracle Corp.          
2.88%, 03/25/31 (Call 12/25/30)   19,530    16,795,535 
2.95%, 04/01/30 (Call 01/01/30)   19,468    17,193,446 
3.25%, 05/15/30 (Call 02/15/30)(a)   3,239    2,916,908 
4.65%, 05/06/30 (Call 03/06/30)(a)   4,649    4,526,205 
4.90%, 02/06/33 (Call 11/06/32)   8,896    8,597,819 
6.15%, 11/09/29 (Call 09/09/29)(a)   7,662    7,998,954 
6.25%, 11/09/32 (Call 08/09/32)(a)   13,360    14,093,606 


33

 

 

Schedule of Investments (unaudited) (continued)

iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security 

Par

(000)

   Value 
         
Software (continued)          
Roper Technologies Inc.          
1.75%, 02/15/31 (Call 11/15/30)  $6,513   $5,212,497 
2.00%, 06/30/30 (Call 03/30/30)   3,799    3,158,607 
2.95%, 09/15/29 (Call 06/15/29)   4,421    3,946,450 
Salesforce Inc., 1.95%, 07/15/31          
(Call 04/15/31)   9,521    7,791,474 
ServiceNow Inc., 1.40%, 09/01/30          
(Call 06/01/30)   9,716    7,820,914 
Take-Two Interactive Software Inc., 4.00%,          
04/14/32 (Call 01/14/32)   3,578    3,257,452 
VMware LLC          
2.20%, 08/15/31 (Call 05/15/31)   9,274    7,445,903 
4.70%, 05/15/30 (Call 02/15/30)   4,759    4,573,999 
Workday Inc., 3.80%, 04/01/32          
(Call 01/01/32)(a)   8,000    7,188,652 
         227,067,205 
Telecommunications — 4.2%          
America Movil SAB de CV          
2.88%, 05/07/30 (Call 02/07/30)   6,641    5,833,063 
4.70%, 07/21/32 (Call 04/21/32)(a)   4,780    4,590,841 
AT&T Inc.          
2.25%, 02/01/32 (Call 11/01/31)   15,244    12,291,525 
2.55%, 12/01/33 (Call 09/01/33)   22,270    17,567,852 
2.75%, 06/01/31 (Call 03/01/31)   18,366    15,600,398 
4.30%, 02/15/30 (Call 11/15/29)   18,971    18,082,413 
5.40%, 02/15/34 (Call 11/15/33)   16,469    16,342,864 
Bell Telephone Co. of Canada or Bell Canada          
5.10%, 05/11/33 (Call 02/11/33)(a)   5,200    5,061,496 
5.20%, 02/15/34 (Call 11/15/33)(a)   4,385    4,272,600 
Series US-5, 2.15%, 02/15/32          
(Call 11/15/31)(a)   3,184    2,531,997 
Bharti Airtel Ltd., 3.25%, 06/03/31          
(Call 03/05/31)(a)(b)   1,855    1,620,814 
British Telecommunications PLC          
3.25%, 11/08/29 (Call 08/08/29)(a)(b)   6,709    6,070,126 
9.63%, 12/15/30   16,068    19,526,384 
Cisco Systems Inc.          
4.95%, 02/26/31 (Call 12/26/30)   8,870    8,819,175 
5.05%, 02/26/34 (Call 11/26/33)   15,615    15,516,690 
Deutsche Telekom International Finance BV          
8.75%, 06/15/30   21,172    24,689,963 
9.25%, 06/01/32   3,305    4,102,321 
Empresa Nacional de Telecomunicaciones SA,          
3.05%, 09/14/32 (Call 06/14/32)(a)(b)   665    528,247 
Juniper Networks Inc.          
2.00%, 12/10/30 (Call 09/10/30)   2,934    2,349,062 
3.75%, 08/15/29 (Call 05/15/29)   3,130    2,912,367 
Koninklijke KPN NV, 8.38%, 10/01/30(a)   4,222    4,847,715 
Motorola Solutions Inc.          
2.30%, 11/15/30 (Call 08/15/30)   5,825    4,850,915 
2.75%, 05/24/31 (Call 02/24/31)   5,472    4,609,797 
5.40%, 04/15/34 (Call 01/15/34)(a)   3,088    3,050,952 
5.60%, 06/01/32 (Call 03/01/32)(a)   3,722    3,742,802 
NBN Co. Ltd.          
2.50%, 01/08/32 (Call 10/08/31)(a)(b)   6,860    5,680,177 
2.63%, 05/05/31 (Call 02/05/31)(a)(b)   9,258    7,880,862 
6.00%, 10/06/33 (Call 07/06/33)(a)(b)   4,985    5,228,597 
NTT Finance Corp., 2.07%, 04/03/31          
(Call 01/03/31)(b)   6,039    4,963,920 
Ooredoo International Finance Ltd., 2.63%,          
04/08/31(a)(b)   6,185    5,263,621 

Security 

Par

(000)

   Value 
         
Telecommunications (continued)          
Orange SA, 9.00%, 03/01/31  $14,986   $17,923,979 
Rogers Communications Inc.          
3.80%, 03/15/32 (Call 12/15/31)   11,822    10,492,586 
5.30%, 02/15/34 (Call 11/15/33)(a)   7,650    7,460,428 
Sprint Capital Corp., 8.75%, 03/15/32   12,181    14,559,864 
Telefonica Europe BV, 8.25%, 09/15/30   8,141    9,194,473 
Telefonica Moviles Chile SA, 3.54%, 11/18/31          
(Call 08/18/31)(b)   1,485    1,121,279 
TELUS Corp., 3.40%, 05/13/32 (Call 02/13/32)   5,757    4,980,029 
T-Mobile USA Inc.          
2.25%, 11/15/31 (Call 08/15/31)   6,773    5,494,507 
2.55%, 02/15/31 (Call 11/15/30)(a)   15,574    13,132,359 
2.70%, 03/15/32 (Call 12/15/31)   6,077    5,052,670 
2.88%, 02/15/31 (Call 02/15/26)   6,535    5,608,694 
3.50%, 04/15/31 (Call 04/15/26)   14,728    13,098,235 
3.88%, 04/15/30 (Call 01/15/30)   41,319    38,404,119 
5.05%, 07/15/33 (Call 04/15/33)   15,395    14,989,814 
5.15%, 04/15/34 (Call 01/15/34)(a)   6,690    6,552,209 
5.20%, 01/15/33 (Call 10/15/32)   7,464    7,346,475 
5.75%, 01/15/34 (Call 10/15/33)   4,925    5,041,796 
Verizon Communications Inc.          
1.50%, 09/18/30 (Call 06/18/30)(a)   7,147    5,785,915 
1.68%, 10/30/30 (Call 07/30/30)   6,959    5,611,978 
1.75%, 01/20/31 (Call 10/20/30)   13,345    10,721,582 
2.36%, 03/15/32 (Call 12/15/31)   27,390    22,235,731 
2.55%, 03/21/31 (Call 12/21/30)   21,707    18,301,589 
3.15%, 03/22/30 (Call 12/22/29)   8,926    8,000,711 
4.02%, 12/03/29 (Call 09/03/29)   23,562    22,234,578 
4.50%, 08/10/33   9,511    8,920,823 
5.05%, 05/09/33 (Call 02/09/33)(a)   11,703    11,515,029 
6.40%, 09/15/33   3,250    3,540,343 
7.75%, 12/01/30   3,509    3,987,809 
Vodafone Group PLC          
6.25%, 11/30/32(a)   3,305    3,493,815 
7.88%, 02/15/30   7,297    8,236,557 
Xiaomi Best Time International Ltd.          
2.88%, 07/14/31 (Call 04/14/31)(b)   3,850    3,226,263 
3.38%, 04/29/30 (Call 01/29/30)(a)(b)   3,175    2,815,139 
         557,510,934 
Toys, Games & Hobbies — 0.1%          
Hasbro Inc.          
3.90%, 11/19/29 (Call 08/19/29)   5,430    4,973,335 
6.05%, 05/14/34 (Call 02/14/34)   2,125    2,117,496 
         7,090,831 
Transportation — 1.0%          
AP Moller - Maersk A/S, 5.88%, 09/14/33          
(Call 06/14/33)(b)   5,403    5,478,092 
Burlington Northern Santa Fe LLC, 7.95%,          
08/15/30(a)   1,360    1,564,268 
Canadian National Railway Co.          
3.85%, 08/05/32 (Call 05/05/32)   5,500    5,028,427 
5.85%, 11/01/33 (Call 08/01/33)(a)   1,525    1,605,590 
Canadian Pacific Railway Co.          
2.05%, 03/05/30 (Call 12/05/29)   3,555    3,006,362 
2.45%, 12/02/31 (Call 09/02/31)(a)   8,818    7,965,410 
2.88%, 11/15/29 (Call 08/15/29)   3,043    2,713,957 
5.75%, 03/15/33(a)   425    437,156 
7.13%, 10/15/31(a)   1,942    2,160,330 
CSX Corp.          
2.40%, 02/15/30 (Call 11/15/29)   3,482    3,021,409 


34

 

 

Schedule of Investments (unaudited) (continued)

iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security 

Par

(000)

   Value 
         
Transportation (continued)          
4.10%, 11/15/32 (Call 08/15/32)  $6,323   $5,875,075 
5.20%, 11/15/33 (Call 08/15/33)   4,460    4,450,302 
Empresa de Transporte de Pasajeros Metro SA,          
3.65%, 05/07/30 (Call 02/07/30)(a)(b)   3,150    2,856,056 
FedEx Corp.          
2.40%, 05/15/31 (Call 02/15/31)(a)   6,648    5,581,650 
3.10%, 08/05/29 (Call 05/05/29)   3,155    2,864,813 
4.25%, 05/15/30 (Call 02/15/30)(a)   5,379    5,147,202 
4.90%, 01/15/34(a)   1,452    1,405,394 
Norfolk Southern Corp.          
2.30%, 05/15/31 (Call 02/15/31)(a)   3,271    2,732,256 
2.55%, 11/01/29 (Call 08/01/29)   3,291    2,885,781 
3.00%, 03/15/32 (Call 12/15/31)(a)   3,538    3,030,708 
4.45%, 03/01/33 (Call 12/01/32)   3,663    3,454,942 
5.05%, 08/01/30 (Call 06/01/30)(a)   3,795    3,774,284 
5.55%, 03/15/34 (Call 12/15/33)(a)   3,300    3,351,782 
7.25%, 02/15/31   260    286,630 
Ryder System Inc., 6.60%, 12/01/33          
(Call 09/01/33)(a)   2,975    3,169,575 
TTX Co., 5.75%, 11/22/33 (Call 08/22/33)(a)(b)   1,745    1,819,743 
Union Pacific Corp.          
2.38%, 05/20/31 (Call 02/20/31)(a)   6,173    5,217,236 
2.40%, 02/05/30 (Call 11/05/29)   5,503    4,785,076 
2.80%, 02/14/32 (Call 12/15/31)   7,410    6,342,753 
4.50%, 01/20/33 (Call 10/20/32)(a)   6,005    5,746,887 
United Parcel Service Inc.          
2.50%, 09/01/29 (Call 06/01/29)   2,758    2,448,735 
4.45%, 04/01/30 (Call 01/01/30)   4,970    4,841,907 
4.88%, 03/03/33 (Call 12/03/32)(a)   5,928    5,817,921 
5.15%, 05/22/34 (Call 02/22/34)   4,900    4,877,061 
United Parcel Service of America Inc., 7.62%,          
04/01/30(a)(e)   1,661    1,864,466 
Walmart Inc., 1.80%, 09/22/31          
(Call 06/22/31)(a)   11,518    9,428,319 
         137,037,555 
Trucking & Leasing — 0.2%          
GATX Corp.          
1.90%, 06/01/31 (Call 03/01/31)(a)   2,287    1,808,997 
3.50%, 06/01/32 (Call 03/01/32)(a)   2,566    2,216,115 
4.00%, 06/30/30 (Call 03/30/30)   2,928    2,702,678 
4.90%, 03/15/33 (Call 12/15/32)   1,972    1,870,474 
5.45%, 09/15/33 (Call 06/15/33)(a)   2,495    2,445,833 
6.05%, 03/15/34 (Call 12/15/33)   741    752,953 
6.90%, 05/01/34 (Call 02/01/34)   100    108,301 
Penske Truck Leasing Co. LP/PTL          
Finance Corp.          
3.35%, 11/01/29 (Call 08/01/29)(b)   2,167    1,948,400 
6.20%, 06/15/30 (Call 04/15/30)(a)(b)   3,555    3,682,436 
SMBC Aviation Capital Finance DAC          
5.55%, 04/03/34 (Call 01/03/34)(a)(b)   4,655    4,553,256 
5.70%, 07/25/33 (Call 04/25/33)(b)   6,123    6,065,594 
         28,155,037 
Water — 0.2%          
American Water Capital Corp.          
2.30%, 06/01/31 (Call 03/01/31)   3,855    3,191,955 
2.80%, 05/01/30 (Call 02/01/30)   3,710    3,245,143 
4.45%, 06/01/32 (Call 03/01/32)(a)   5,000    4,754,672 
5.15%, 03/01/34 (Call 12/01/33)   3,130    3,089,250 

Security 

Par

(000)

   Value 
           
Water (continued)          
Essential Utilities Inc.          
2.40%, 05/01/31 (Call 02/01/31)(a)  $3,343   $2,739,913 
2.70%, 04/15/30 (Call 01/15/30)(a)   2,794    2,398,342 
5.38%, 01/15/34 (Call 10/15/33)(a)   2,245    2,190,101 
         21,609,376 
           
Total Corporate Bonds & Notes — 98.0%          
(Cost: $13,978,645,764)        13,071,287,638 
           
Foreign Government Obligations(f)          
           
South Korea — 0.1%          
Korea Gas Corp., 2.00%, 07/13/31(b)   3,185    2,584,065 
Korea Housing Finance Corp., 4.63%,          
02/24/33(a)(b)   2,705    2,583,068 
Korea National Oil Corp.          
2.38%, 04/07/31(b)   1,900    1,590,465 
2.63%, 04/18/32(b)   3,270    2,713,776 
         9,471,374 
           
Total Foreign Government Obligations — 0.1%      
(Cost: $10,467,021)       9,471,374 
           
Total Long-Term Investments — 98.1%          
(Cost: $13,989,112,785)       13,080,759,012 
           
    Shares      
           
Short-Term Securities          
           
Money Market Funds — 10.5%          
BlackRock Cash Funds: Institutional, SL Agency          
Shares, 5.49%(g)(h)(i)   1,269,064,061    1,269,444,781 
BlackRock Cash Funds: Treasury, SL Agency          
Shares, 5.28%(g)(h)   126,470,000    126,470,000 
           
Total Short-Term Securities — 10.5%          
(Cost: $1,395,485,549)       1,395,914,781 
           
Total Investments — 108.6%          
(Cost: $15,384,598,334)       14,476,673,793 
           
Liabilities in Excess of Other Assets — (8.6)%     (1,142,750,208)
           
Net Assets — 100.0%      $13,333,923,585 

 

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

(b)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.

(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)Perpetual security with no stated maturity date.

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

(g)Affiliate of the Fund.

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

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


35

 

 

Schedule of Investments (unaudited) (continued)

iShares® 5-10 Year Investment Grade Corporate Bond ETF
May 31, 2024  

 

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: 

 

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 Cash Funds: Institutional, SL Agency Shares  $1,731,797,820   $   $(462,080,435)(a) $(76,334)  $(196,270)  $1,269,444,781    1,269,064,061   $1,197,307(b)   $    — 
BlackRock Cash Funds: Treasury, SL Agency Shares   58,470,000    68,000,000(a)                126,470,000    126,470,000    1,291,527     
                  $(76,334)  $(196,270)  $1,395,914,781        $2,488,834   $ 

 

(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  $   $13,071,287,638   $   $13,071,287,638 
Foreign Government Obligations       9,471,374        9,471,374 
Short-Term Securities                    
Money Market Funds   1,395,914,781            1,395,914,781 
   $1,395,914,781   $13,080,759,012   $   $14,476,673,793 

 

Portfolio Abbreviation

 

CMT Constant Maturity Treasury REIT Real Estate Investment Trust
JSC Joint Stock Company SOFR Secured Overnight Financing Rate
LIBOR London Interbank Offered Rate    
PJSC Public Joint Stock Company    

 

36