Schedule of Investments (unaudited) September 30, 2023 |
BlackRock Core Bond Trust (BHK) (Percentages shown are based on Net Assets) |
Security | Par (000) |
Value | ||||||||||
Asset-Backed Securities | ||||||||||||
522 Funding CLO Ltd.(a)(b) |
||||||||||||
Series 2019-4A, Class CR, (3-mo. CME Term SOFR + 2.66%), 7.99%, 04/20/30 |
USD | 500 | $ | 498,083 | ||||||||
Series 2019-4A, Class DR, (3-mo. CME Term SOFR + 3.91%), 9.24%, 04/20/30 |
600 | 588,227 | ||||||||||
AGL CLO Ltd., Series 2020-3A, Class D, (3-mo. CME Term SOFR + 3.56%), 8.87%, 01/15/33(a)(b) |
250 | 240,399 | ||||||||||
ALM Ltd., Series 2020-1A, Class D, (3-mo. CME Term SOFR + 6.26%), 11.57%, 10/15/29(a)(b) |
285 | 266,929 | ||||||||||
Anchorage Capital CLO Ltd.(a)(b) |
||||||||||||
Series 2013-1A, Class A2R, (3-mo. CME Term SOFR + 1.91%), 7.21%, 10/13/30 |
380 | 378,100 | ||||||||||
Series 2013-1A, Class CR, (3-mo. CME Term SOFR + 3.46%), 8.76%, 10/13/30 |
720 | 714,228 | ||||||||||
Apidos CLO XXII, Series 2015-22A, Class CR, (3-mo. CME Term SOFR + 3.21%), 8.54%, 04/20/31(a)(b) |
250 | 245,807 | ||||||||||
Apidos CLO XXIV, Series 2016-24A, Class A1AL, (3-mo. CME Term SOFR + 1.21%), 6.54%, 10/20/30(a)(b) |
500 | 497,510 | ||||||||||
Apidos CLO XXVI, Series 2017-26A, Class A1AR, (3-mo. CME Term SOFR + 1.16%), 6.47%, 07/18/29(a)(b) |
991 | 987,267 | ||||||||||
Apidos CLO XXVII, Series 2017-27A, Class A1R, (3-mo. CME Term SOFR + 1.19%), 6.50%, 07/17/30(a)(b) |
233 | 232,518 | ||||||||||
ASSURANT CLO I Ltd., Series 2017-1A, Class CR, (3-mo. CME Term SOFR + 2.41%), 7.74%, 10/20/34(a)(b) |
500 | 488,126 | ||||||||||
Bain Capital Credit CLO Ltd.(a)(b) |
||||||||||||
Series 2021-3A, Class D, (3-mo. CME Term SOFR + 3.36%), 8.71%, 07/24/34 |
250 | 241,875 | ||||||||||
Series 2021-5A, Class B, (3-mo. CME Term SOFR + 1.91%), 7.26%, 10/23/34 |
500 | 487,750 | ||||||||||
Ballyrock CLO Ltd., Series 2022-21A, Class D, (3-mo. CME Term SOFR + 8.76%), 14.09%, 10/20/35(a)(b) |
500 | 499,196 | ||||||||||
Barings CLO Ltd., Series 2017-1A, Class D, (3-mo. CME Term SOFR + 3.86%), 9.17%, 07/18/29(a)(b) |
250 | 249,152 | ||||||||||
Benefit Street Partners CLO II Ltd., Series 2013-IIA, Class A1R2, (3-mo. CME Term SOFR + 1.13%), 6.44%, 07/15/29(a)(b) |
106 | 105,598 | ||||||||||
Birch Grove CLO Ltd.(a)(b) |
||||||||||||
Series 19A, Class DR, (3-mo. CME Term SOFR + 3.61%), 9.02%, 06/15/31 |
1,000 | 994,192 | ||||||||||
Series 2021-3A, Class D1, (3-mo. CME Term SOFR + 3.46%), 8.78%, 01/19/35 |
250 | 241,193 | ||||||||||
BlueMountain CLO XXVIII Ltd., Series 2021-28A, Class D, (3-mo. CME Term SOFR + 3.16%), 8.47%, 04/15/34(a)(b) |
500 | 480,082 | ||||||||||
Buttermilk Park CLO Ltd., Series 2018-1A, Class D, (3-mo. CME Term SOFR + 3.36%), 8.67%, 10/15/31(a)(b) |
250 | 238,702 | ||||||||||
Canyon Capital CLO Ltd.(a)(b) |
||||||||||||
Series 2016-1A, Class CR, (3-mo. CME Term SOFR + 2.16%), 7.47%, 07/15/31 |
250 | 244,356 | ||||||||||
Series 2021-2A, Class D, (3-mo. CME Term SOFR + 3.61%), 8.92%, 04/15/34 |
500 | 487,687 | ||||||||||
Carlyle Global Market Strategies |
||||||||||||
Series 2013-1A, Class A1RR, (3-mo. CME Term SOFR + 1.21%), 6.58%, 08/14/30 |
205 | 204,218 |
Security | Par (000) |
Value | ||||||||||
Asset-Backed Securities (continued) |
| |||||||||||
Carlyle Global Market Strategies |
||||||||||||
Series 2013-1A, Class CR, (3-mo. CME Term SOFR + 3.61%), 8.98%, 08/14/30 |
USD | 1,000 | $ | 988,456 | ||||||||
Carlyle U.S. CLO Ltd., Series 2022-6A, Class C, (3-mo. CME Term SOFR + 4.00%), 9.35%, 10/25/34(a)(b) |
250 | 251,170 | ||||||||||
CarVal CLO II Ltd., Series 2019-1A, Class DR, (3-mo. CME Term SOFR + 3.46%), 8.79%, 04/20/32(a)(b) |
500 | 491,797 | ||||||||||
CarVal CLO III Ltd., Series 2019-2A, Class E, (3-mo. CME Term SOFR + 6.70%), 12.03%, 07/20/32(a)(b) |
500 | 470,027 | ||||||||||
CarVal CLO VC Ltd., Series 2021-2A, Class D, (3-mo. CME Term SOFR + 3.51%), 8.82%, 10/15/34(a)(b) |
250 | 243,782 | ||||||||||
CBAM Ltd., Series 2017-1A, Class C, (3-mo. CME Term SOFR + 2.66%), 7.99%, 07/20/30(a)(b) |
350 | 337,580 | ||||||||||
Cedar Funding IX CLO Ltd.(a)(b) |
||||||||||||
Series 2018-9A, Class A1, (3-mo. CME Term SOFR + 1.24%), 6.57%, 04/20/31 |
250 | 249,375 | ||||||||||
Series 2018-9A, Class D, (3-mo. CME Term SOFR + 2.86%), 8.19%, 04/20/31 |
250 | 237,635 | ||||||||||
Cedar Funding VII CLO Ltd., Series 2018-7A, Class A1, (3-mo. CME Term SOFR + 1.26%), 6.59%, 01/20/31(a)(b) |
493 | 491,037 | ||||||||||
Cedar Funding X CLO Ltd., Series 2019-10A, Class BR, (3-mo. CME Term SOFR + 1.86%), 7.19%, 10/20/32(a)(b) |
930 | 911,586 | ||||||||||
Cedar Funding XIV CLO Ltd., Series 2021-14A, Class B, (3-mo. CME Term SOFR + 1.86%), 7.17%, 07/15/33(a)(b) |
500 | 489,550 | ||||||||||
Cedar Funding XV CLO Ltd., Series 2022-15A, Class B, (3-mo. CME Term SOFR + 1.80%), 7.13%, 04/20/35(a)(b) |
400 | 389,600 | ||||||||||
CIFC Funding I Ltd., Series 2019-1A, Class DR, (3-mo. CME Term SOFR + 3.36%), 8.69%, 04/20/32(a)(b) |
500 | 482,587 | ||||||||||
CIFC Funding II Ltd., Series 2017-2A, Class AR, (3-mo. CME Term SOFR + 1.21%), 6.54%, 04/20/30(a)(b) |
484 | 483,814 | ||||||||||
CIFC Funding III Ltd., Series 2015-3A, Class AR, (3-mo. CME Term SOFR + 1.13%), 6.45%, 04/19/29(a)(b) |
208 | 207,978 | ||||||||||
CIFC Funding IV Ltd., Series 2017-4A, Class A1R, (3-mo. CME Term SOFR + 1.21%), 6.56%, 10/24/30(a)(b) |
468 | 466,076 | ||||||||||
CIFC Funding Ltd.(a)(b) |
||||||||||||
Series 2013-1A, Class CR, (3-mo. CME Term SOFR + 3.81%), 9.12%, 07/16/30 |
500 | 494,357 | ||||||||||
Series 2014-2RA, Class B1, (3-mo. CME Term SOFR + 3.06%), 8.41%, 04/24/30 |
750 | 734,835 | ||||||||||
Series 2014-3A, Class BR2, (3-mo. CME Term SOFR + 2.06%), 7.41%, 10/22/31 |
250 | 248,275 | ||||||||||
Series 2015-1A, Class ARR, (3-mo. CME Term SOFR + 1.37%), 6.72%, 01/22/31 |
987 | 985,215 | ||||||||||
Series 2020-1A, Class DR, (3-mo. CME Term SOFR + 3.36%), 8.67%, 07/15/36 |
500 | 492,152 | ||||||||||
CIFC Funding VII Ltd.(a)(b) |
||||||||||||
Series 2022-7A, Class C, (3-mo. CME Term SOFR + 3.85%), 9.20%, 10/22/35 |
500 | 499,768 | ||||||||||
Series 2022-7A, Class D, (3-mo. CME Term SOFR + 5.35%), 10.70%, 10/22/35 |
600 | 600,432 |
1 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) (Percentages shown are based on Net Assets) |
Security | Par (000) |
Value | ||||||||||
Asset-Backed Securities (continued) |
| |||||||||||
CWHEQ Revolving Home Equity Loan Trust, Series 2006-I, Class 1A, (1-mo. Term SOFR + 0.25%), 5.59%, 01/15/37(a) |
USD | 1,026 | $ | 919,305 | ||||||||
Dewolf Park CLO Ltd., Series 2017-1A, Class DR, (3-mo. CME Term SOFR + 3.11%), 8.42%, 10/15/30(a)(b) |
280 | 274,824 | ||||||||||
Dryden 106 CLO Ltd., Series 2022-106A, Class C, (3-mo. CME Term SOFR + 3.90%), 9.21%, 10/15/35(a)(b) |
500 | 501,613 | ||||||||||
Dryden 37 Senior Loan Fund, Series 2015-37A, Class AR, (3-mo. CME Term SOFR + 1.36%), 6.67%, 01/15/31(a)(b) |
242 | 241,503 | ||||||||||
Dryden 50 Senior Loan Fund, Series 2017-50A, Class B, (3-mo. CME Term SOFR + 1.91%), 7.22%, 07/15/30(a)(b) |
250 | 247,475 | ||||||||||
Dryden 53 CLO Ltd., Series 2017-53A, Class B, (3-mo. CME Term SOFR + 1.66%), 6.97%, 01/15/31(a)(b) |
1,320 | 1,305,612 | ||||||||||
Dryden 64 CLO Ltd., Series 2018-64A, Class D, (3-mo. CME Term SOFR + 2.91%), 8.22%, 04/18/31(a)(b) |
1,250 | 1,203,391 | ||||||||||
Dryden 78 CLO Ltd., Series 2020-78A, Class D, (3-mo. CME Term SOFR + 3.26%), 8.57%, 04/17/33(a)(b) |
250 | 235,625 | ||||||||||
Dryden XXVIII Senior Loan Fund(a)(b) |
||||||||||||
Series 2013-28A, Class A1LR, (3-mo. CME Term SOFR + 1.46%), 6.83%, 08/15/30 |
233 | 232,222 | ||||||||||
Series 2013-28A, Class B1LR, (3-mo. CME Term SOFR + 3.41%), 8.78%, 08/15/30 |
1,000 | 979,715 | ||||||||||
Eaton Vance CLO Ltd., Series 2015-1A, Class A2R, (3-mo. CME Term SOFR + 1.51%), 6.84%, 01/20/30(a)(b) |
1,000 | 991,110 | ||||||||||
EDvestinU Private Education Loan Issue No. 3 LLC, Series 2021-A, Class B, 3.50%, 11/25/50(b) |
110 | 84,421 | ||||||||||
Elmwood CLO 21 Ltd. |
||||||||||||
Series 2022-8A, Class C, (3-mo. CME Term SOFR + 3.85%), 9.18%, 11/20/35(a)(b) |
500 | 500,627 | ||||||||||
Series 2022-8A, Class CR, (3-mo. CME Term SOFR + 2.70%), 0.00%, 10/20/36 |
500 | 500,000 | ||||||||||
Elmwood CLO IV Ltd., Series 2020-1A, Class B, (3-mo. CME Term SOFR + 1.96%), 7.27%, 04/15/33(a)(b) |
250 | 248,600 | ||||||||||
Elmwood CLO V Ltd., Series 2020-2A, Class CR, (3-mo. CME Term SOFR + 2.26%), 7.59%, 10/20/34(a)(b) |
436 | 429,794 | ||||||||||
Elmwood CLO VI Ltd., Series 2020-3A, Class BR, (3-mo. CME Term SOFR + 1.91%), 7.24%, 10/20/34(a)(b) |
250 | 247,825 | ||||||||||
Fairstone Financial Issuance Trust I, Series 2020-1A, Class C, 5.16%, 10/20/39(b) |
CAD | 170 | 113,343 | |||||||||
Flatiron CLO Ltd., Series 2018-1A, Class A, (3-mo. CME Term SOFR + 1.21%), 6.52%, 04/17/31(a)(b) |
USD | 1,397 | 1,395,636 | |||||||||
Galaxy 31 CLO Ltd., Series 2023-31A, Class E, (3-mo. CME Term SOFR + 8.43%), 13.21%, 04/15/36(a)(b) |
350 | 346,697 | ||||||||||
Galaxy XX CLO Ltd., Series 2015-20A, Class CR, (3-mo. CME Term SOFR + 2.01%), 7.34%, 04/20/31(a)(b) |
250 | 245,071 | ||||||||||
Galaxy XXIII CLO Ltd., Series 2017-23A, Class AR, (3-mo. CME Term SOFR + 1.13%), 6.48%, 04/24/29(a)(b) |
356 | 354,467 |
Security | Par (000) |
Value | ||||||||||
Asset-Backed Securities (continued) |
| |||||||||||
Galaxy XXVII CLO Ltd., Series 2018-27A, Class A, (3-mo. CME Term SOFR + 1.28%), 6.65%, 05/16/31(a)(b) |
USD | 1,949 | $ | 1,943,567 | ||||||||
Generate CLO Ltd.(a)(b) |
||||||||||||
Series 2A, Class AR, (3-mo. CME Term SOFR + 1.41%), 6.76%, 01/22/31 |
246 | 245,016 | ||||||||||
Series 3A, Class DR, (3-mo. CME Term SOFR + 3.86%), 9.19%, 10/20/29 |
1,750 | 1,739,041 | ||||||||||
Series 4A, Class DR, (3-mo. CME Term SOFR + 3.41%), 8.74%, 04/20/32 |
1,500 | 1,496,580 | ||||||||||
Series 6A, Class DR, (3-mo. CME Term SOFR + 3.76%), 9.11%, 01/22/35 |
750 | 720,568 | ||||||||||
GoldenTree Loan Management U.S. CLO Ltd.(a)(b) |
||||||||||||
Series 2018-3A, Class B1, (3-mo. CME Term SOFR + 1.81%), 7.14%, 04/20/30 |
250 | 248,625 | ||||||||||
Series 2019-5A, Class BR, (3-mo. CME Term SOFR + 1.86%), 7.21%, 04/24/31 |
500 | 496,650 | ||||||||||
GoldenTree Loan Opportunities IX Ltd., Series 2014-9A, Class BR2, (3-mo. CME Term SOFR + 1.86%), 7.23%, 10/29/29(a)(b) |
1,500 | 1,494,046 | ||||||||||
GoldenTree Loan Opportunities X Ltd., Series 2015-10A, Class DR, (3-mo. CME Term SOFR + 3.31%), 8.64%, 07/20/31(a)(b) |
250 | 246,535 | ||||||||||
Golub Capital Partners CLO Ltd., Series 2021-55A, Class E, (3-mo. CME Term SOFR + 6.82%), 12.15%, 07/20/34(a)(b) |
250 | 247,344 | ||||||||||
Gracie Point International Funding, Series 2023-1, Class D, (3-mo. SOFR + 4.50%), 9.74%, 09/01/26 |
162 | 161,992 | ||||||||||
Grippen Park CLO Ltd., Series 2017-1A, Class D, (3-mo. CME Term SOFR + 3.56%), 8.89%, 01/20/30(a)(b) |
250 | 247,137 | ||||||||||
Gulf Stream Meridian Ltd., Series 2020-IA, Class E, (3-mo. CME Term SOFR + 6.71%), 12.02%, 04/15/33(a)(b) |
500 | 458,818 | ||||||||||
Highbridge Loan Management, Series 3A-2014, Class CR, (3-mo. CME Term SOFR + 3.86%), 9.17%, 07/18/29(a)(b) |
1,000 | 965,142 | ||||||||||
Litigation Fee Residual, Series 2020-1, Class A, 4.00%, 10/30/27(c) |
579 | 561,937 | ||||||||||
Long Beach Mortgage Loan Trust, Series 2006-8, Class 2A4, (1-mo. Term SOFR + 0.59%), 5.91%, 09/25/36(a) |
6,079 | 1,649,881 | ||||||||||
Madison Park Funding LIV Ltd., Series 2022-54A, Class E1, (3-mo. CME Term SOFR + 8.95%), 14.28%, 10/21/34(a)(b) |
263 | 260,039 | ||||||||||
Madison Park Funding XLVIII Ltd., Series 2021-48A, Class E, (3-mo. CME Term SOFR + 6.51%), 11.83%, 04/19/33 |
500 | 490,096 | ||||||||||
Madison Park Funding XVII Ltd., Series 2015-17A, Class DR, (3-mo. CME Term SOFR + 3.86%), 9.20%, 07/21/30(a)(b) |
1,000 | 990,320 | ||||||||||
Madison Park Funding XXIII Ltd.(a)(b) |
||||||||||||
Series 2017-23A, Class AR, (3-mo. CME Term SOFR + 1.23%), 6.59%, 07/27/31 |
977 | 973,824 | ||||||||||
Series 2017-23A, Class CR, (3-mo. CME Term SOFR + 2.26%), 7.62%, 07/27/31 |
600 | 592,713 |
S C H E D U L E O F I N V E S T M E N T S | 2 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) (Percentages shown are based on Net Assets) |
Security | Par (000) |
Value | ||||||||||
Asset-Backed Securities (continued) |
| |||||||||||
Madison Park Funding XXV Ltd.(a)(b) |
||||||||||||
Series 2017-25A, Class A1R, (3-mo. CME Term SOFR + 1.23%), 6.58%, 04/25/29 |
USD | 1,455 | $ | 1,450,488 | ||||||||
Series 2017-25A, Class A2R, (3-mo. CME Term SOFR + 1.91%), 7.26%, 04/25/29 |
250 | 248,075 | ||||||||||
Madison Park Funding XXXI Ltd., Series 2018-31A, Class D, (3-mo. CME Term SOFR + 3.26%), 8.61%, 01/23/31(a)(b) |
625 | 608,391 | ||||||||||
Madison Park Funding XXXIV Ltd., Series 2019-34A, Class DR, (3-mo. CME Term SOFR + 3.61%), 8.96%, 04/25/32(a)(b) |
250 | 243,728 | ||||||||||
Madison Park Funding XXXVII Ltd., Series 2019-37A, Class BR, (3-mo. CME Term SOFR + 1.91%), 7.22%, 07/15/33(a)(b) |
900 | 894,240 | ||||||||||
Madison Park Funding XXXVIII Ltd., Series 2021-38A, Class C, (3-mo. CME Term SOFR + 2.16%), 7.47%, 07/17/34(a)(b) |
250 | 243,701 | ||||||||||
Marble Point CLO XVII Ltd., Series 2020-1A, Class D, (3-mo. CME Term SOFR + 4.01%), 9.34%, 04/20/33(a)(b) |
250 | 239,375 | ||||||||||
Marble Point CLO XXIII Ltd., Series 2021-4A, Class D1, (3-mo. LIBOR US + 3.65%), 9.26%, 01/22/35(a)(b) |
250 | 240,241 | ||||||||||
Mariner Finance Issuance Trust, Series 2022-AA, Class A, 6.45%, 10/20/37(b) |
515 | 515,677 | ||||||||||
Navient Private Education Refi Loan Trust(b) |
||||||||||||
Series 2019-D, Class A2A, 3.01%, 12/15/59 |
549 | 505,114 | ||||||||||
Series 2019-GA, Class A, 2.40%, 10/15/68 |
200 | 183,471 | ||||||||||
Series 2021-CA, Class A, 1.06%, 10/15/69 |
846 | 718,401 | ||||||||||
Series 2021-DA, Class C, 3.48%, 04/15/60 |
770 | 674,790 | ||||||||||
Series 2021-DA, Class D, 4.00%, 04/15/60 |
440 | 394,102 | ||||||||||
Series 2021-EA, Class A, 0.97%, 12/16/69 |
987 | 826,193 | ||||||||||
Series 2023-A, Class A, 5.51%, 10/15/71 |
172 | 168,858 | ||||||||||
Nelnet Student Loan Trust(b) |
||||||||||||
Series 2021-A, Class D, 4.93%, 04/20/62 |
460 | 374,812 | ||||||||||
Series 2021-BA, Class B, 2.68%, 04/20/62 |
1,983 | 1,559,090 | ||||||||||
Series 2021-CA, Class AFL, (1-mo. Term SOFR + 0.85%), 6.18%, 04/20/62(a) |
405 | 398,006 | ||||||||||
Neuberger Berman CLO XXII Ltd., Series 2016-22A, Class BR, (3-mo. CME Term SOFR + 1.91%), 7.22%, 10/17/30(a)(b) |
250 | 248,150 | ||||||||||
Neuberger Berman Loan Advisers CLO |
||||||||||||
Series 2017-25A, Class AR, (3-mo. CME Term SOFR + 1.19%), 6.50%, 10/18/29 |
1,239 | 1,235,823 | ||||||||||
Series 2020-37A, Class CR, (3-mo. CME Term SOFR + 2.06%), 7.39%, 07/20/31 |
1,162 | 1,139,215 | ||||||||||
Neuberger Berman Loan Advisers NBLA CLO Ltd., Series 2022-52A, Class D, (3-mo. CME Term SOFR + 5.75%), 11.10%, 10/24/35(a)(b) |
568 | 567,597 | ||||||||||
OCP CLO Ltd.(a)(b) |
||||||||||||
Series 2015-9A, Class BR2, (3-mo. CME Term SOFR + 1.75%), 7.06%, 01/15/33 |
250 | 244,550 | ||||||||||
Series 2017-13A, Class A1AR, (3-mo. CME Term SOFR + 1.22%), 6.53%, 07/15/30 |
985 | 981,272 | ||||||||||
Series 2017-14A, Class A2, (3-mo. CME Term SOFR + 1.76%), 7.14%, 11/20/30 |
1,620 | 1,593,102 | ||||||||||
Octagon Investment Partners XV Ltd., Series 2013-1A, Class A1RR, (3-mo. CME Term SOFR + 1.23%), 6.55%, 07/19/30(a)(b) |
2,646 | 2,637,962 | ||||||||||
Octagon Investment Partners XVII Ltd., Series 2013-1A,
Class BR2, (3-mo. CME Term SOFR + 1.66%), 7.01%, |
500 | 493,250 |
Security | Par (000) |
Value | ||||||||||
Asset-Backed Securities (continued) |
| |||||||||||
Octagon Investment Partners XXI Ltd., Series 2014-1A, Class AAR3, (3-mo. CME Term SOFR + 1.26%), 6.63%, 02/14/31(a)(b) |
USD | 250 | $ | 248,920 | ||||||||
Octagon Investment Partners XXII Ltd., Series 2014-1A, Class DRR, (3-mo. CME Term SOFR + 3.01%), 8.36%, 01/22/30(a)(b) |
500 | 487,802 | ||||||||||
Octagon Ltd., Series 2021-1A, Class D, (3-mo. CME Term SOFR + 3.31%), 8.62%, 07/15/34(a)(b) |
250 | 238,226 | ||||||||||
OneMain Financial Issuance Trust, Series 2020-1A, Class A, 3.84%, 05/14/32(b) |
118 | 118,168 | ||||||||||
OZLM VIII Ltd., Series 2014-8A, Class CRR, (3-mo. CME Term SOFR + 3.41%), 8.72%, 10/17/29(a)(b) |
875 | 864,959 | ||||||||||
OZLM XXI Ltd., Series 2017-21A, Class C, (3-mo. CME Term SOFR + 2.93%), 8.26%, 01/20/31(a)(b) |
1,000 | 955,811 | ||||||||||
Palmer Square CLO Ltd.(a)(b) |
||||||||||||
Series 2013-2A, Class A2R3, (3-mo. CME Term SOFR + 1.76%), 7.07%, 10/17/31 |
250 | 246,825 | ||||||||||
Series 2015-2A, Class CR2, (3-mo. CME Term SOFR + 3.01%), 8.34%, 07/20/30 |
250 | 244,621 | ||||||||||
Series 2020-3A, Class A2R, (3-mo. CME Term SOFR + 1.86%), 7.23%, 11/15/31 |
250 | 248,200 | ||||||||||
Series 2022-4A, Class C, (3-mo. CME Term SOFR + 4.00%), 9.33%, 10/20/35 |
1,000 | 1,014,484 | ||||||||||
Palmer Square Loan Funding Ltd.(a)(b) |
||||||||||||
Series 2021-1A, Class A1, (3-mo. CME Term SOFR + 1.16%), 6.49%, 04/20/29 |
110 | 109,900 | ||||||||||
Series 2021-2A, Class A1, (3-mo. CME Term SOFR + 1.06%), 6.44%, 05/20/29 |
126 | 125,093 | ||||||||||
Series 2021-3A, Class A1, (3-mo. CME Term SOFR + 1.06%), 6.39%, 07/20/29 |
463 | 460,629 | ||||||||||
Park Avenue Institutional Advisers CLO Ltd., Series 2017-1A,
Class DR, (3-mo. CME Term SOFR + 7.07%), 12.44%, |
1,300 | 1,163,483 | ||||||||||
PPM CLO Ltd., Series 2019-2A, Class DR, (3-mo. CME Term SOFR + 3.66%), 8.98%, 04/16/32(a)(b) |
250 | 246,954 | ||||||||||
Prodigy Finance DAC, Series 2021-1A, Class C, (1-mo. Term SOFR + 3.86%), 9.18%, 07/25/51(a)(b) |
97 | 97,058 | ||||||||||
Rad CLO Ltd., Series 2019-3A, Class DR, (3-mo. CME Term SOFR + 3.01%), 8.32%, 04/15/32(a)(b) |
400 | 392,747 | ||||||||||
Regatta XI Funding Ltd., Series 2018-1A, Class D, (3-mo. CME Term SOFR + 3.11%), 8.42%, 07/17/31(a)(b) |
370 | 360,745 | ||||||||||
Regatta XVIII Funding Ltd., Series 2021-1A, Class B, (3-mo. CME Term SOFR + 1.71%), 7.02%, 01/15/34(a)(b) |
850 | 841,415 | ||||||||||
Regional Management Issuance Trust, Series 2021-A, Class A, 7.10%, 11/17/32(b) |
200 | 199,843 | ||||||||||
Republic Finance Issuance Trust, Series 2020-A, Class C, 4.05%, 11/20/30(b) |
240 | 221,586 | ||||||||||
Romark CLO Ltd., Series 2017-1A, Class B, (3-mo. CME Term SOFR + 2.41%), 7.76%, 10/23/30(a)(b) |
500 | 492,492 | ||||||||||
Shackleton CLO Ltd., Series 2015-7RA, Class C, (3-mo. CME Term SOFR + 2.61%), 7.92%, 07/15/31(a)(b) |
250 | 244,615 | ||||||||||
Signal Peak CLO Ltd., Series 2017-4A, Class XR, (3-mo. CME Term SOFR + 1.21%), 6.56%, 10/26/34(a)(b) |
1,200 | 1,199,774 | ||||||||||
SMB Private Education Loan Trust |
||||||||||||
Series 2019-A, Class A2A, 3.44%, 07/15/36(b) |
1,365 | 1,299,985 | ||||||||||
Series 2019-B, Class A2A, 2.84%, 06/15/37(b) |
265 | 247,244 | ||||||||||
Series 2021-A, Class A2B, 1.59%, 01/15/53(b) |
377 | 327,177 | ||||||||||
Series 2021-C, Class C, 3.00%, 01/15/53(b) |
168 | 142,622 |
3 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) (Percentages shown are based on Net Assets) |
Security | Par (000) |
Value | ||||||||||
Asset-Backed Securities (continued) |
| |||||||||||
SMB Private Education Loan Trust (continued) |
|
|||||||||||
Series 2021-C, Class D, 3.93%, 01/15/53(b) |
USD | 160 | $ | 147,127 | ||||||||
Series 2021-D, Class A1A, 1.34%, 03/17/53(b) |
1,172 | 1,028,552 | ||||||||||
Series 2022-C, Class A1A, 4.48%, 05/16/50(b) |
359 | 341,747 | ||||||||||
Series 2023-B, Class A1B, (30-day Avg SOFR + 1.80%), 7.11%, 10/16/56(a)(b) |
233 | 234,327 | ||||||||||
Series 2023-C, Class A1A, 5.67%, 11/15/52 |
1,704 | 1,678,583 | ||||||||||
Sterling COOFS Trust(c) |
||||||||||||
Series 2004-1, Class A, 2.36%, 04/15/29 |
700 | 7,002 | ||||||||||
Series 2004-2, Class Note, 2.08%, 03/30/30(b) |
485 | 4,847 | ||||||||||
Structured Asset Securities Corp. Pass-Through Certificates, Series 2002-AL1, Class A2, 3.45%, 02/25/32 |
36 | 31,303 | ||||||||||
Symphony CLO XXXII Ltd., Series 2022-32A, Class B, (3-mo. CME Term SOFR + 1.85%), 7.20%, 04/23/35(a)(b) |
600 | 589,500 | ||||||||||
TCI-Symphony CLO Ltd., Series 2017-1A, Class AR, (3-mo. CME Term SOFR + 1.19%), 6.50%, 07/15/30(a)(b) |
486 | 483,172 | ||||||||||
TCW CLO Ltd., Series 2020-1A, Class DRR, (3-mo. CME Term SOFR + 3.66%), 8.99%, 04/20/34(a)(b) |
250 | 242,525 | ||||||||||
TICP CLO IX Ltd., Series 2017-9A, Class D, (3-mo. CME Term SOFR + 3.16%), 8.49%, 01/20/31(a)(b) |
500 | 492,832 | ||||||||||
TICP CLO XV Ltd., Series 2020-15A, Class D, (3-mo. CME Term SOFR + 3.41%), 8.74%, 04/20/33(a)(b) |
250 | 244,596 | ||||||||||
Trestles CLO Ltd.(a)(b) |
||||||||||||
Series 2017-1A, Class B1R, (3-mo. CME Term SOFR + 2.01%), 7.36%, 04/25/32 |
1,750 | 1,692,516 | ||||||||||
Series 2017-1A, Class CR, (3-mo. CME Term SOFR + 3.16%), 8.51%, 04/25/32 |
250 | 246,959 | ||||||||||
Trimaran CAVU Ltd. |
||||||||||||
Series 2019-2A, Class C, (3-mo. CME Term SOFR + 4.98%), 10.29%, 11/26/32(a)(b) |
500 | 501,908 | ||||||||||
Series 2021-2A, Class D1, (3-mo. CME Term SOFR + 3.51%), 8.86%, 10/25/34(a)(b) |
500 | 491,532 | ||||||||||
Series 2022-1, Class E, (3-mo. CME Term SOFR + 9.08%), 14.43%, 10/22/35 |
500 | 495,027 | ||||||||||
Series 2022-2A, Class D, (3-mo. CME Term SOFR + 6.12%), 11.45%, 01/20/36(a)(b) |
400 | 400,546 | ||||||||||
Series 2023-1, Class E, (3-mo. CME Term SOFR + 8.94%), 14.32%, 07/20/36 |
500 | 478,997 | ||||||||||
Unique Pub Finance Co. PLC, Series N, 6.46%, 03/30/32(d) |
GBP | 6 | 7,025 | |||||||||
Voya CLO Ltd.(a)(b) |
||||||||||||
Series 2014-2A, Class A1RR, (3-mo. CME Term SOFR + 1.28%), 6.59%, 04/17/30 |
USD | 189 | 188,620 | |||||||||
Series 2017-2A, Class A2AR, (3-mo. CME Term SOFR + 1.91%), 7.22%, 06/07/30 |
250 | 248,325 | ||||||||||
Series 2017-4A, Class A1, (3-mo. CME Term SOFR + 1.39%), 6.70%, 10/15/30 |
209 | 208,151 | ||||||||||
Series 2018-2A, Class A2, (3-mo. CME Term SOFR + 1.51%), 6.82%, 07/15/31 |
1,000 | 974,781 | ||||||||||
Series 2022-3A, Class B, (3-mo. CME Term SOFR + 2.85%), 8.18%, 10/20/34 |
425 | 425,000 | ||||||||||
Series 2022-4A, Class C, (3-mo. CME Term SOFR + 4.05%), 9.38%, 10/20/33 |
1,000 | 1,003,101 | ||||||||||
Whetstone Park CLO Ltd., Series 2021-1A, Classs 1A, (3-mo. CME Term SOFR + 1.86%), 7.19%, 01/20/35(a)(b) |
725 | 715,502 |
Security | Par (000) |
Value | ||||||||||
Asset-Backed Securities (continued) |
| |||||||||||
Whitebox CLO I Ltd., Series 2019-1A, Class CR, (3-mo. CME Term SOFR + 3.31%), 8.66%, 07/24/32(a)(b) |
USD | 500 | $ | 493,643 | ||||||||
Whitebox CLO II Ltd., Series 2020-2A, Class DR, (3-mo. CME Term SOFR + 3.61%), 8.96%, 10/24/34(a)(b) |
500 | 488,299 | ||||||||||
Whitebox CLO III Ltd.(a)(b) |
||||||||||||
Series 2021-3A, Class D, (3-mo. CME Term SOFR + 3.61%), 8.92%, 10/15/34 |
250 | 241,709 | ||||||||||
Series 2021-3A, Class E, (3-mo. CME Term SOFR + 7.11%), 12.42%, 10/15/34 |
250 | 242,498 | ||||||||||
|
|
|||||||||||
Total Asset-Backed Securities 17.6% |
96,226,330 | |||||||||||
|
|
|||||||||||
Corporate Bonds |
||||||||||||
Aerospace & Defense 2.6% | ||||||||||||
Amsted Industries, Inc., 5.63%, 07/01/27(b) |
30 | 28,275 | ||||||||||
Boeing Co. |
||||||||||||
2.95%, 02/01/30 |
800 | 673,047 | ||||||||||
3.60%, 05/01/34 |
550 | 444,807 | ||||||||||
Bombardier, Inc.(b) |
||||||||||||
7.50%, 03/15/25 |
15 | 14,938 | ||||||||||
7.13%, 06/15/26(e) |
548 | 530,935 | ||||||||||
7.88%, 04/15/27(e) |
395 | 385,420 | ||||||||||
6.00%, 02/15/28(e) |
667 | 605,100 | ||||||||||
7.50%, 02/01/29 |
303 | 287,537 | ||||||||||
7.45%, 05/01/34 |
100 | 113,284 | ||||||||||
Embraer Netherlands Finance BV, 7.00%, 07/28/30(b) |
263 | 260,127 | ||||||||||
F-Brasile SpA/F-Brasile U.S. LLC, Series XR, 7.38%, 08/15/26(b)(e) |
200 | 185,898 | ||||||||||
L3Harris Technologies, Inc. |
||||||||||||
2.90%, 12/15/29 |
1,200 | 1,021,806 | ||||||||||
1.80%, 01/15/31 |
300 | 229,144 | ||||||||||
Lockheed Martin Corp., 3.80%, 03/01/45 |
800 | 613,170 | ||||||||||
Northrop Grumman Corp. |
||||||||||||
4.70%, 03/15/33 |
400 | 373,450 | ||||||||||
3.85%, 04/15/45 |
850 | 632,873 | ||||||||||
Rolls-Royce PLC, 5.75%, 10/15/27(b) |
400 | 385,943 | ||||||||||
RTX Corp. |
||||||||||||
2.38%, 03/15/32 |
1,000 | 772,119 | ||||||||||
5.15%, 02/27/33 |
900 | 852,269 | ||||||||||
4.50%, 06/01/42 |
300 | 245,417 | ||||||||||
Spirit AeroSystems, Inc.(b) |
||||||||||||
7.50%, 04/15/25 |
22 | 21,579 | ||||||||||
9.38%, 11/30/29 |
344 | 350,066 | ||||||||||
TransDigm, Inc. |
||||||||||||
6.25%, 03/15/26(b)(e) |
3,115 | 3,060,739 | ||||||||||
6.75%, 08/15/28(b) |
1,355 | 1,333,982 | ||||||||||
6.88%, 12/15/30 |
121 | 118,646 | ||||||||||
Triumph Group, Inc., 9.00%, 03/15/28(b) |
631 | 623,937 | ||||||||||
|
|
|||||||||||
14,164,508 | ||||||||||||
Air Freight & Logistics 0.0% | ||||||||||||
XPO Escrow Sub LLC, 7.50%, 11/15/27(b) |
60 | 60,662 | ||||||||||
|
|
|||||||||||
Automobile Components 0.6% | ||||||||||||
Aptiv PLC, 4.40%, 10/01/46 |
465 | 331,346 | ||||||||||
Clarios Global LP, 6.75%, 05/15/25(b) |
237 | 235,216 | ||||||||||
Clarios Global LP/Clarios U.S. Finance Co. |
||||||||||||
4.38%, 05/15/26(d) |
EUR | 200 | 202,968 | |||||||||
6.25%, 05/15/26(b)(e) |
USD | 537 | 525,424 |
S C H E D U L E O F I N V E S T M E N T S | 4 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) (Percentages shown are based on Net Assets) |
Security | Par (000) |
Value | ||||||||||
Automobile Components (continued) | ||||||||||||
Clarios Global LP/Clarios U.S. Finance Co. (continued) |
| |||||||||||
8.50%, 05/15/27(b) |
USD | 1,287 | $ | 1,283,308 | ||||||||
6.75%, 05/15/28(b) |
366 | 357,307 | ||||||||||
Dana Financing Luxembourg SARL, 8.50%, 07/15/31(d) |
EUR | 100 | 106,938 | |||||||||
Dealer Tire LLC/DT Issuer LLC, Series B, 8.00%, 02/01/28(b) |
USD | 111 | 104,063 | |||||||||
Forvia SE, 3.75%, 06/15/28(d) |
EUR | 100 | 94,842 | |||||||||
Goodyear Tire & Rubber Co., 5.63%, 04/30/33 |
USD | 81 | 66,291 | |||||||||
ZF Finance GmbH, 3.75%, 09/21/28(d) |
EUR | 100 | 94,845 | |||||||||
|
|
|||||||||||
3,402,548 | ||||||||||||
Automobiles 1.1% | ||||||||||||
Arko Corp., 5.13%, 11/15/29(b) |
USD | 123 | 99,204 | |||||||||
Asbury Automotive Group, Inc., 4.50%, 03/01/28 |
10 | 8,952 | ||||||||||
Ford Motor Co. |
||||||||||||
6.10%, 08/19/32(e) |
304 | 286,342 | ||||||||||
4.75%, 01/15/43 |
2,000 | 1,459,883 | ||||||||||
Ford Motor Credit Co. LLC |
||||||||||||
2.75%, 06/14/24 |
GBP | 100 | 117,886 | |||||||||
6.80%, 05/12/28 |
USD | 389 | 388,550 | |||||||||
7.35%, 03/06/30 |
600 | 607,607 | ||||||||||
7.20%, 06/10/30 |
236 | 237,180 | ||||||||||
3.63%, 06/17/31 |
300 | 242,416 | ||||||||||
General Motors Co., 6.25%, 10/02/43(e) |
2,506 | 2,245,230 | ||||||||||
LCM Investments Holdings II LLC, 8.25%, 08/01/31(b) |
172 | 167,084 | ||||||||||
MajorDrive Holdings IV LLC, 6.38%, 06/01/29(b) |
120 | 98,757 | ||||||||||
RCI Banque SA, (5-year EUR Swap + 2.85%), 2.63%, 02/18/30(a)(d) |
EUR | 100 | 99,113 | |||||||||
|
|
|||||||||||
6,058,204 | ||||||||||||
Banks 1.3% | ||||||||||||
Banco Bilbao Vizcaya Argentaria SA, (5-year USD Swap + 3.87%), 6.13%(a)(f) |
USD | 2,000 | 1,650,695 | |||||||||
Banco BPM SpA, (3-mo. EURIBOR + 2.80%), 6.00%, 06/14/28 |
EUR | 150 | 158,005 | |||||||||
Banco de Sabadell SA, (1-year EUR Swap + 2.40%), 5.25%, 02/07/29(a)(d) |
100 | 103,643 | ||||||||||
Bangkok Bank PCL, (5-year CMT + 4.73%), 5.00% |
USD | 500 | 469,115 | |||||||||
Bank Negara Indonesia Persero Tbk PT, 3.75%, 03/30/26(d) |
252 | 231,840 | ||||||||||
Bank of Communications Co. Ltd., (5-year CMT + 3.35%), 3.80%(a)(d)(f) |
518 | 491,494 | ||||||||||
Credit Suisse AG/New York, 5.00%, 07/09/27 |
900 | 864,519 | ||||||||||
Freedom Mortgage Corp., 12.00%, 10/01/28(b) |
64 | 65,078 | ||||||||||
Krung Thai Bank PCL, (5-year CMT + 3.53%), 4.40%(a)(d)(f) |
252 | 226,606 | ||||||||||
Standard Chartered PLC, (5-year USD ICE Swap + 1.97%), 4.87%, 03/15/33(a)(b) |
500 | 445,630 | ||||||||||
Wells Fargo & Co.(a) |
||||||||||||
(1-day SOFR + 2.02%), 5.39%, 04/24/34 |
1,124 | 1,050,836 | ||||||||||
(1-day SOFR + 2.53%), 3.07%, 04/30/41(e) |
2,250 | 1,511,671 | ||||||||||
|
|
|||||||||||
7,269,132 | ||||||||||||
Beverages 1.7% | ||||||||||||
Anheuser-Busch Cos. LLC/Anheuser-Busch InBev Worldwide, Inc., 4.90%, 02/01/46(e) |
4,600 | 4,009,102 | ||||||||||
ARD Finance SA, (6.50% Cash or 7.25% PIK), 6.50%, 06/30/27(b)(g) |
701 | 528,863 | ||||||||||
Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC(b) |
372 | 357,480 |
Security | Par (000) |
Value | ||||||||||
Beverages (continued) | ||||||||||||
Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance |
USD | 866 | $ | 677,707 | ||||||||
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc. |
||||||||||||
5.25%, 04/30/25(b) |
200 | 194,950 | ||||||||||
2.13%, 08/15/26(d) |
EUR | 200 | 187,408 | |||||||||
5.25%, 08/15/27(b) |
USD | 202 | 168,568 | |||||||||
Ball Corp., 6.00%, 06/15/29(e) |
129 | 125,236 | ||||||||||
Keurig Dr. Pepper, Inc., 2.25%, 03/15/31 |
400 | 314,738 | ||||||||||
Mauser Packaging Solutions Holding Co.(b) |
||||||||||||
7.88%, 08/15/26(e) |
1,876 | 1,809,844 | ||||||||||
9.25%, 04/15/27 |
66 | 57,690 | ||||||||||
Owens-Brockway Glass Container, Inc., 6.63%, 05/13/27(b) |
27 | 26,322 | ||||||||||
Trivium Packaging Finance BV(b) |
||||||||||||
5.50%, 08/15/26 |
305 | 284,392 | ||||||||||
8.50%, 08/15/27 |
536 | 489,842 | ||||||||||
|
|
|||||||||||
9,232,142 | ||||||||||||
Biotechnology 0.6% | ||||||||||||
Amgen, Inc. |
||||||||||||
4.20%, 03/01/33 |
1,000 | 889,073 | ||||||||||
5.25%, 03/02/33(e) |
600 | 573,576 | ||||||||||
4.40%, 05/01/45 |
650 | 515,033 | ||||||||||
Baxalta, Inc., 5.25%, 06/23/45 |
500 | 445,341 | ||||||||||
Cidron Aida Finco SARL, 5.00%, 04/01/28(d) |
EUR | 100 | 95,478 | |||||||||
Gilead Sciences, Inc., 4.80%, 04/01/44 |
USD | 1,000 | 871,941 | |||||||||
|
|
|||||||||||
3,390,442 | ||||||||||||
Broadline Retail 0.2% | ||||||||||||
Amazon.com, Inc., 4.05%, 08/22/47(e) |
1,500 | 1,205,386 | ||||||||||
NMG Holding Co., Inc./Neiman Marcus Group LLC, 7.13%, 04/01/26(b) |
44 | 41,277 | ||||||||||
|
|
|||||||||||
1,246,663 | ||||||||||||
Building Materials 0.5% | ||||||||||||
Camelot Return Merger Sub, Inc., 8.75%, 08/01/28(b) |
146 | 140,839 | ||||||||||
Emerald Debt Merger Sub LLC |
||||||||||||
6.38%, 12/15/30(b) |
EUR | 110 | 115,872 | |||||||||
6.38%, 12/15/30(d) |
100 | 105,338 | ||||||||||
6.63%, 12/15/30(b) |
USD | 1,603 | 1,543,168 | |||||||||
Jeld-Wen, Inc., 4.63%, 12/15/25(b) |
126 | 120,981 | ||||||||||
Masonite International Corp., 5.38%, 02/01/28(b) |
17 | 15,812 | ||||||||||
New Enterprise Stone & Lime Co., Inc.(b) |
||||||||||||
5.25%, 07/15/28 |
55 | 49,350 | ||||||||||
9.75%, 07/15/28 |
26 | 25,675 | ||||||||||
Smyrna Ready Mix Concrete LLC, 6.00%, 11/01/28(b) |
262 | 241,947 | ||||||||||
Standard Industries, Inc.(b) |
157 | 145,531 | ||||||||||
4.75%, 01/15/28 |
62 | 55,923 | ||||||||||
4.38%, 07/15/30 |
170 | 140,794 | ||||||||||
Summit Materials LLC/Summit Materials Finance Corp., 5.25%, 01/15/29(b) |
19 | 17,252 | ||||||||||
|
|
|||||||||||
2,718,482 | ||||||||||||
Building Products 1.2% | ||||||||||||
Advanced Drainage Systems, Inc.(b) |
||||||||||||
5.00%, 09/30/27 |
215 | 200,849 | ||||||||||
6.38%, 06/15/30 |
247 | 237,231 | ||||||||||
Beacon Roofing Supply, Inc.(b) |
||||||||||||
4.13%, 05/15/29 |
86 | 73,530 |
5 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) (Percentages shown are based on Net Assets) |
Security | Par (000) |
Value | ||||||||||
Building Products (continued) | ||||||||||||
Beacon Roofing Supply, Inc.(b) (continued) |
||||||||||||
6.50%, 08/01/30 |
USD | 174 | $ | 168,625 | ||||||||
Foundation Building Materials, Inc., 6.00%, 03/01/29(b) |
47 | 39,116 | ||||||||||
GYP Holdings III Corp., 4.63%, 05/01/29(b) |
138 | 118,877 | ||||||||||
Home Depot, Inc., 5.88%, 12/16/36 |
1,660 | 1,710,526 | ||||||||||
HT Troplast GmbH, 9.38%, 07/15/28 |
EUR | 100 | 106,402 | |||||||||
Lowes Cos., Inc. |
||||||||||||
1.70%, 10/15/30 |
USD | 800 | 613,449 | |||||||||
5.00%, 04/15/33(e) |
1,000 | 941,188 | ||||||||||
4.38%, 09/15/45 |
1,000 | 770,255 | ||||||||||
Specialty Building Products Holdings LLC/SBP Finance Corp., 6.38%, 09/30/26(b) |
56 | 52,368 | ||||||||||
SRS Distribution, Inc.(b) |
231 | 199,562 | ||||||||||
6.13%, 07/01/29(e) |
347 | 295,524 | ||||||||||
6.00%, 12/01/29(e) |
477 | 400,680 | ||||||||||
White Cap Buyer LLC, 6.88%, 10/15/28(b)(e) |
861 | 760,961 | ||||||||||
White Cap Parent LLC, (8.25% Cash or 9.00% PIK), 8.25%, 03/15/26(b)(g) |
136 | 131,217 | ||||||||||
|
|
|||||||||||
6,820,360 | ||||||||||||
Capital Markets 1.4% | ||||||||||||
Ares Capital Corp., 7.00%, 01/15/27 |
95 | 94,999 | ||||||||||
Blackstone Private Credit Fund |
56 | 56,086 | ||||||||||
3.25%, 03/15/27 |
53 | 46,037 | ||||||||||
Blue Owl Capital Corp. |
129 | 120,864 | ||||||||||
3.40%, 07/15/26 |
46 | 41,242 | ||||||||||
Blue Owl Credit Income Corp. |
31 | 27,249 | ||||||||||
7.75%, 09/16/27 |
215 | 213,271 | ||||||||||
Charles Schwab Corp., Series H, (10-year CMT + 3.08%), 4.00%(a)(f) |
3,000 | 2,116,713 | ||||||||||
Compass Group Diversified Holdings LLC, 5.25%, 04/15/29(b)(e) |
129 | 112,783 | ||||||||||
FMR LLC, 4.95%, 02/01/33(b) |
2,300 | 2,072,834 | ||||||||||
GLP Capital LP/GLP Financing II, Inc., 3.25%, 01/15/32 |
379 | 294,138 | ||||||||||
Icahn Enterprises LP/Icahn Enterprises Finance Corp. |
135 | 125,421 | ||||||||||
5.25%, 05/15/27 |
417 | 366,535 | ||||||||||
4.38%, 02/01/29 |
236 | 188,720 | ||||||||||
NFP Corp.(b) |
306 | 269,389 | ||||||||||
6.88%, 08/15/28 |
923 | 790,714 | ||||||||||
7.50%, 10/01/30 |
74 | 71,064 | ||||||||||
Northern Trust Corp., 6.13%, 11/02/32 |
95 | 93,803 | ||||||||||
Raymond James Financial, Inc., 4.95%, 07/15/46 |
400 | 331,097 | ||||||||||
SURA Asset Management SA, 4.88%, 04/17/24(d) |
178 | 175,130 | ||||||||||
|
|
|||||||||||
7,608,089 | ||||||||||||
Chemicals 0.9% | ||||||||||||
Avient Corp., 7.13%, 08/01/30(b) |
74 | 72,697 | ||||||||||
Axalta Coating Systems LLC, 3.38%, 02/15/29(b) |
198 | 164,853 | ||||||||||
Axalta Coating Systems LLC/Axalta Coating Systems Dutch Holding B BV, 4.75%, 06/15/27(b) |
242 | 224,862 | ||||||||||
Braskem Idesa SAPI, 6.99%, 02/20/32(b) |
200 | 120,018 | ||||||||||
Celanese U.S. Holdings LLC |
98 | 96,768 | ||||||||||
6.55%, 11/15/30 |
91 | 89,055 |
Security | Par (000) |
Value | ||||||||||
Chemicals (continued) | ||||||||||||
Celanese U.S. Holdings LLC (continued) |
USD | 130 | $ | 126,544 | ||||||||
Chemours Co.(b) |
31 | 26,905 | ||||||||||
4.63%, 11/15/29 |
118 | 94,925 | ||||||||||
Element Solutions, Inc., 3.88%, 09/01/28(b) |
859 | 741,306 | ||||||||||
HB Fuller Co., 4.25%, 10/15/28 |
74 | 65,298 | ||||||||||
Herens Holdco SARL, 4.75%, 05/15/28(b) |
200 | 155,293 | ||||||||||
Illuminate Buyer LLC/Illuminate Holdings IV, Inc., 9.00%, 07/01/28(b)(e) |
220 | 207,779 | ||||||||||
Kobe U.S. Midco 2, Inc., (9.25% Cash or 10.00% PIK), 9.25%, 11/01/26(b)(g) |
176 | 128,480 | ||||||||||
LSF11 A5 HoldCo LLC, 6.63%, 10/15/29(b) |
90 | 74,826 | ||||||||||
Olympus Water U.S. Holding Corp. |
EUR | 100 | 105,455 | |||||||||
9.75%, 11/15/28(b) |
USD | 563 | 561,783 | |||||||||
Sasol Financing USA LLC, 6.50%, 09/27/28 |
200 | 178,154 | ||||||||||
SCIL IV LLC/SCIL USA Holdings LLC, 5.38%, 11/01/26(b)(e) |
200 | 182,744 | ||||||||||
Sherwin-Williams Co., 4.50%, 06/01/47 |
350 | 279,885 | ||||||||||
SK Invictus Intermediate II SARL, 5.00%, 10/30/29(b) |
311 | 249,245 | ||||||||||
WESCO Distribution, Inc.(b) |
117 | 117,276 | ||||||||||
7.25%, 06/15/28(e) |
340 | 341,650 | ||||||||||
WR Grace Holdings LLC(b) |
105 | 96,331 | ||||||||||
5.63%, 08/15/29(e) |
589 | 476,354 | ||||||||||
7.38%, 03/01/31 |
152 | 147,361 | ||||||||||
|
|
|||||||||||
5,125,847 | ||||||||||||
Commercial Services & Supplies 1.0% | ||||||||||||
ADT Security Corp.(b) |
19 | 16,067 | ||||||||||
4.88%, 07/15/32 |
39 | 32,565 | ||||||||||
Albion Financing 1 SARL/Aggreko Holdings, Inc., 6.13%, 10/15/26(b) |
200 | 188,898 | ||||||||||
APX Group, Inc.(b) |
123 | 118,108 | ||||||||||
5.75%, 07/15/29 |
181 | 152,514 | ||||||||||
Ashtead Capital, Inc., Series B, 5.95%, 10/15/33(b) |
250 | 237,339 | ||||||||||
BCP V Modular Services Finance II PLC, 4.75%, 11/30/28(d) |
EUR | 100 | 88,410 | |||||||||
Cablevision Lightpath LLC, 3.88%, 09/15/27(b) |
USD | 220 | 183,700 | |||||||||
Fortress Transportation and Infrastructure Investors
LLC(b) |
411 | 403,949 | ||||||||||
9.75%, 08/01/27 |
219 | 226,521 | ||||||||||
5.50%, 05/01/28(e) |
286 | 259,284 | ||||||||||
Garda World Security Corp., 9.50%, 11/01/27(b) |
46 | 43,981 | ||||||||||
Herc Holdings, Inc., 5.50%, 07/15/27(b)(e) |
360 | 340,436 | ||||||||||
Hertz Corp.(b) |
85 | 75,331 | ||||||||||
5.00%, 12/01/29 |
70 | 54,805 | ||||||||||
LABL, Inc., 9.50%, 11/01/28(b) |
301 | 308,525 | ||||||||||
Metis Merger Sub LLC, 6.50%, 05/15/29(b) |
82 | 69,267 | ||||||||||
NESCO Holdings II, Inc., 5.50%, 04/15/29(b) |
146 | 128,115 | ||||||||||
Prime Security Services Borrower LLC/Prime Finance,
Inc.(b) |
209 | 202,765 | ||||||||||
6.25%, 01/15/28(e) |
216 | 200,052 |
S C H E D U L E O F I N V E S T M E N T S | 6 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) (Percentages shown are based on Net Assets) |
Security | Par (000) |
Value | ||||||||||
Commercial Services & Supplies (continued) | ||||||||||||
Sothebys/Bidfair Holdings, Inc., 5.88%, 06/01/29(b)(e) |
USD | 400 | $ | 321,000 | ||||||||
United Rentals North America, Inc., 6.00%, 12/15/29(b) |
1,157 | 1,126,514 | ||||||||||
Verisure Holding AB, 9.25%, 10/15/27(d) |
EUR | 100 | 112,069 | |||||||||
Williams Scotsman International, Inc., 6.13%, 06/15/25(b) |
USD | 175 | 173,250 | |||||||||
Williams Scotsman, Inc., 7.38%, 10/01/31 |
199 | 197,914 | ||||||||||
|
|
|||||||||||
5,261,379 | ||||||||||||
Communications Equipment 0.2% | ||||||||||||
CommScope Technologies LLC, 6.00%, 06/15/25(b)(e) |
365 | 347,463 | ||||||||||
CommScope, Inc., 4.75%, 09/01/29(b) |
310 | 228,019 | ||||||||||
Viasat, Inc. |
430 | 397,212 | ||||||||||
5.63%, 04/15/27(b) |
68 | 58,913 | ||||||||||
7.50%, 05/30/31 |
33 | 21,797 | ||||||||||
|
|
|||||||||||
1,053,404 | ||||||||||||
Construction & Engineering 0.8% | ||||||||||||
Brand Industrial Services, Inc., 10.38%, 08/01/30 |
805 | 806,239 | ||||||||||
ITR Concession Co. LLC, 4.20%, 07/15/25(b) |
4,000 | 3,821,957 | ||||||||||
|
|
|||||||||||
4,628,196 | ||||||||||||
Construction Materials(b) 0.1% | ||||||||||||
BCPE Empire Holdings, Inc., 7.63%, 05/01/27 |
210 | 199,443 | ||||||||||
Resideo Funding, Inc., 4.00%, 09/01/29 |
42 | 34,507 | ||||||||||
Ritchie Bros Holdings, Inc., 6.75%, 03/15/28 |
56 | 55,871 | ||||||||||
|
|
|||||||||||
289,821 | ||||||||||||
Consumer Discretionary 1.1% | ||||||||||||
Carnival Corp.(b) |
103 | 100,197 | ||||||||||
5.75%, 03/01/27 |
553 | 500,589 | ||||||||||
9.88%, 08/01/27 |
127 | 132,578 | ||||||||||
4.00%, 08/01/28 |
159 | 137,865 | ||||||||||
6.00%, 05/01/29(e) |
451 | 384,695 | ||||||||||
7.00%, 08/15/29 |
104 | 102,547 | ||||||||||
Carnival Holdings Bermuda Ltd., 10.38%, 05/01/28(b) |
1,306 | 1,400,383 | ||||||||||
CoreLogic, Inc., 4.50%, 05/01/28(b)(e) |
569 | 431,746 | ||||||||||
Life Time, Inc.(b) |
167 | 161,820 | ||||||||||
8.00%, 04/15/26 |
178 | 174,885 | ||||||||||
Lindblad Expeditions LLC, 6.75%, 02/15/27(b) |
208 | 194,740 | ||||||||||
NCL Corp. Ltd.(b) |
141 | 130,177 | ||||||||||
8.38%, 02/01/28 |
95 | 96,365 | ||||||||||
7.75%, 02/15/29 |
46 | 42,694 | ||||||||||
NCL Finance Ltd., 6.13%, 03/15/28(b)(e) |
177 | 156,203 | ||||||||||
Neptune Bidco U.S., Inc., 9.29%, 04/15/29(b) |
59 | 53,413 | ||||||||||
Royal Caribbean Cruises Ltd.(b) |
29 | 30,613 | ||||||||||
5.50%, 08/31/26 |
93 | 87,783 | ||||||||||
5.38%, 07/15/27 |
44 | 40,722 | ||||||||||
11.63%, 08/15/27 |
124 | 134,527 | ||||||||||
5.50%, 04/01/28 |
121 | 110,956 | ||||||||||
8.25%, 01/15/29 |
136 | 140,343 | ||||||||||
9.25%, 01/15/29 |
231 | 244,037 | ||||||||||
7.25%, 01/15/30 |
217 | 215,067 | ||||||||||
Techem Verwaltungsgesellschaft 674 mbH, 6.00%, 07/30/26(d) |
EUR | 88 | 90,197 | |||||||||
Viking Cruises Ltd.(b) |
USD | 95 | 86,707 |
Security | Par (000) |
Value | ||||||||||
Consumer Discretionary (continued) | ||||||||||||
Viking Cruises Ltd.(b) (continued) |
USD | 34 | $ | 31,280 | ||||||||
9.13%, 07/15/31 |
445 | 445,205 | ||||||||||
Viking Ocean Cruises Ship VII Ltd., 5.63%, 02/15/29(b) |
111 | 100,455 | ||||||||||
|
|
|||||||||||
5,958,789 | ||||||||||||
Consumer Finance 0.9% | ||||||||||||
Block, Inc. |
446 | 401,131 | ||||||||||
3.50%, 06/01/31(e) |
497 | 390,424 | ||||||||||
Capital One Financial Corp.(a) |
||||||||||||
(1-day SOFR + 2.60%), 5.82%, 02/01/34 |
440 | 396,528 | ||||||||||
(1-day SOFR + 2.86%), 6.38%, 06/08/34 |
70 | 66,060 | ||||||||||
GTCR W-2 Merger Sub LLC, 7.50%, 01/15/31(b)(h) |
909 | 910,273 | ||||||||||
Moodys Corp., Series R186, 2.75%, 08/19/41 |
350 | 227,564 | ||||||||||
Navient Corp. |
51 | 50,727 | ||||||||||
5.88%, 10/25/24 |
39 | 38,385 | ||||||||||
5.50%, 03/15/29 |
30 | 25,200 | ||||||||||
9.38%, 07/25/30 |
101 | 99,611 | ||||||||||
OneMain Finance Corp. |
53 | 52,580 | ||||||||||
7.13%, 03/15/26(e) |
168 | 164,536 | ||||||||||
3.50%, 01/15/27 |
116 | 99,325 | ||||||||||
6.63%, 01/15/28 |
165 | 152,240 | ||||||||||
9.00%, 01/15/29 |
19 | 18,939 | ||||||||||
5.38%, 11/15/29 |
42 | 35,175 | ||||||||||
4.00%, 09/15/30 |
130 | 97,546 | ||||||||||
Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc., 4.63%, 11/01/26(b) |
395 | 372,430 | ||||||||||
Shift4 Payments, Inc., 0.00%, 12/15/25(i)(j) |
112 | 110,208 | ||||||||||
Verscend Escrow Corp., 9.75%, 08/15/26(b)(e) |
1,355 | 1,355,236 | ||||||||||
|
|
|||||||||||
5,064,118 | ||||||||||||
Consumer Staples Distribution & Retail 0.5% | ||||||||||||
Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(b) |
41 | 37,977 | ||||||||||
7.50%, 03/15/26 |
65 | 65,900 | ||||||||||
4.63%, 01/15/27 |
111 | 104,808 | ||||||||||
5.88%, 02/15/28 |
219 | 210,783 | ||||||||||
6.50%, 02/15/28 |
109 | 107,733 | ||||||||||
3.50%, 03/15/29 |
198 | 168,812 | ||||||||||
4.88%, 02/15/30(e) |
241 | 217,147 | ||||||||||
Bellis Acquisition Co. PLC, 3.25%, 02/16/26(d) |
GBP | 100 | 105,936 | |||||||||
Darling Ingredients, Inc., 6.00%, 06/15/30(b)(e) |
USD | 221 | 209,228 | |||||||||
Kraft Heinz Foods Co. |
500 | 433,034 | ||||||||||
4.38%, 06/01/46 |
200 | 155,848 | ||||||||||
Lamb Weston Holdings, Inc.(b) |
229 | 211,217 | ||||||||||
4.13%, 01/31/30 |
90 | 76,963 | ||||||||||
4.38%, 01/31/32 |
75 | 62,830 | ||||||||||
Performance Food Group, Inc.(b) |
28 | 26,528 | ||||||||||
4.25%, 08/01/29 |
95 | 82,065 | ||||||||||
Post Holdings, Inc.(b) |
159 | 136,148 | ||||||||||
4.50%, 09/15/31 |
9 | 7,491 |
7 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) (Percentages shown are based on Net Assets) |
Security | Par (000) |
Value | ||||||||||
Consumer Staples Distribution & Retail (continued) | ||||||||||||
U.S. Foods, Inc. |
USD | 123 | $ | 122,742 | ||||||||
4.75%, 02/15/29(b) |
129 | 115,296 | ||||||||||
4.63%, 06/01/30(b) |
27 | 23,458 | ||||||||||
7.25%, 01/15/32(b) |
148 | 147,851 | ||||||||||
United Natural Foods, Inc., 6.75%, 10/15/28(b) |
24 | 18,295 | ||||||||||
|
|
|||||||||||
2,848,090 | ||||||||||||
Containers & Packaging 0.4% | ||||||||||||
Clydesdale Acquisition Holdings, Inc.(b) |
488 | 453,736 | ||||||||||
8.75%, 04/15/30 |
382 | 327,626 | ||||||||||
International Paper Co., 6.00%, 11/15/41 |
870 | 835,725 | ||||||||||
LABL, Inc., 5.88%, 11/01/28(b) |
81 | 72,715 | ||||||||||
OI European Group BV, 6.25%, 05/15/28 |
EUR | 100 | 107,459 | |||||||||
Owens-Brockway Glass Container, Inc., 7.25%, 05/15/31(b) |
USD | 158 | 154,445 | |||||||||
Sealed Air Corp., 5.00%, 04/15/29(b) |
38 | 34,167 | ||||||||||
Sealed Air Corp./Sealed Air Corp. U.S., 6.13%, 02/01/28(b) |
122 | 118,159 | ||||||||||
|
|
|||||||||||
2,104,032 | ||||||||||||
Diversified Consumer Services 0.7% | ||||||||||||
Allied Universal Holdco LLC/Allied Universal Finance
Corp.(b)(e) |
415 | 393,229 | ||||||||||
9.75%, 07/15/27 |
249 | 222,709 | ||||||||||
6.00%, 06/01/29 |
898 | 669,448 | ||||||||||
Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 SARL(b) |
400 | 332,079 | ||||||||||
4.63%, 06/01/28(e) |
329 | 274,175 | ||||||||||
Clarivate Science Holdings Corp.(b) |
653 | 565,302 | ||||||||||
4.88%, 07/01/29(e) |
393 | 334,973 | ||||||||||
Garda World Security Corp.(b) |
88 | 80,525 | ||||||||||
7.75%, 02/15/28 |
370 | 362,749 | ||||||||||
Graham Holdings Co., 5.75%, 06/01/26(b) |
27 | 26,055 | ||||||||||
Macquarie Airfinance Holdings Ltd., 8.13%, 03/30/29 |
114 | 114,154 | ||||||||||
Sothebys, 7.38%, 10/15/27(b)(e) |
465 | 427,994 | ||||||||||
|
|
|||||||||||
3,803,392 | ||||||||||||
Diversified REITs 2.0% | ||||||||||||
Alexandria Real Estate Equities, Inc. |
140 | 123,089 | ||||||||||
4.00%, 02/01/50 |
550 | 383,637 | ||||||||||
American Tower Corp., 2.90%, 01/15/30(e) |
1,500 | 1,246,228 | ||||||||||
Crown Castle, Inc. |
1,000 | 762,862 | ||||||||||
2.90%, 04/01/41 |
350 | 224,678 | ||||||||||
Equinix, Inc., 2.50%, 05/15/31 |
500 | 390,300 | ||||||||||
ERP Operating LP, 4.50%, 06/01/45 |
1,155 | 882,921 | ||||||||||
Healthpeak OP LLC, 4.00%, 06/01/25(e) |
2,000 | 1,939,473 | ||||||||||
Iron Mountain, Inc.(b) |
384 | 375,565 | ||||||||||
5.63%, 07/15/32 |
62 | 53,525 | ||||||||||
MPT Operating Partnership LP/MPT Finance Corp. |
GBP | 200 | 184,840 | |||||||||
4.63%, 08/01/29(e) |
USD | 292 | 206,813 | |||||||||
3.50%, 03/15/31 |
422 | 263,526 | ||||||||||
Prologis LP, 4.63%, 01/15/33(e) |
1,000 | 925,193 |
Security | Par (000) |
Value | ||||||||||
Diversified REITs (continued) | ||||||||||||
RHP Hotel Properties LP/RHP Finance Corp. |
USD | 145 | $ | 131,950 | ||||||||
7.25%, 07/15/28 |
223 | 219,096 | ||||||||||
Service Properties Trust, 7.50%, 09/15/25 |
64 | 62,876 | ||||||||||
Simon Property Group LP, 4.75%, 03/15/42 |
1,670 | 1,345,424 | ||||||||||
Ventas Realty LP, 4.13%, 01/15/26 |
870 | 832,662 | ||||||||||
VICI Properties LP, 4.95%, 02/15/30 |
138 | 126,266 | ||||||||||
|
|
|||||||||||
10,680,924 | ||||||||||||
Diversified Telecommunication Services 2.4% | ||||||||||||
Altice Financing SA(b) |
544 | 386,733 | ||||||||||
5.75%, 08/15/29 |
671 | 549,907 | ||||||||||
AT&T, Inc. |
520 | 508,119 | ||||||||||
5.15%, 03/15/42 |
1,200 | 1,037,031 | ||||||||||
4.75%, 05/15/46(e) |
1,500 | 1,184,916 | ||||||||||
Cellnex Telecom SA, 2.13%, 08/11/30 |
EUR | 100 | 100,496 | |||||||||
Level 3 Financing, Inc.(b) |
USD | 689 | 645,166 | |||||||||
4.63%, 09/15/27 |
656 | 471,774 | ||||||||||
3.63%, 01/15/29 |
68 | 38,080 | ||||||||||
10.50%, 05/15/30 |
686 | 690,519 | ||||||||||
Lumen Technologies, Inc., 4.00%, 02/15/27(b) |
329 | 216,630 | ||||||||||
SoftBank Group Corp.(d) |
EUR | 100 | 99,126 | |||||||||
3.88%, 07/06/32 |
100 | 80,606 | ||||||||||
Telecom Italia Capital SA |
USD | 3 | 2,601 | |||||||||
6.00%, 09/30/34 |
212 | 176,762 | ||||||||||
7.20%, 07/18/36 |
50 | 44,489 | ||||||||||
7.72%, 06/04/38 |
95 | 86,925 | ||||||||||
Telecom Italia SpA/Milano, 6.88%, 02/15/28(d) |
EUR | 100 | 106,269 | |||||||||
Verizon Communications, Inc., 6.55%, 09/15/43(e) |
USD | 5,000 | 5,155,323 | |||||||||
Zayo Group Holdings, Inc.(b)(e) |
1,641 | 1,217,434 | ||||||||||
6.13%, 03/01/28 |
647 | 415,840 | ||||||||||
|
|
|||||||||||
13,214,746 | ||||||||||||
Education 0.1% | ||||||||||||
Grand Canyon University, 5.13%, 10/01/28 |
702 | 637,795 | ||||||||||
|
|
|||||||||||
Electric Utilities 4.8% | ||||||||||||
Baltimore Gas and Electric Co. |
800 | 545,312 | ||||||||||
3.75%, 08/15/47 |
500 | 356,054 | ||||||||||
CenterPoint Energy Houston Electric LLC, Series AI, 4.45%, 10/01/32 |
750 | 689,085 | ||||||||||
Cleveland Electric Illuminating Co., 5.95%, 12/15/36 |
434 | 410,107 | ||||||||||
Comision Federal de Electricidad, 4.88%, 01/15/24 |
200 | 198,324 | ||||||||||
Duke Energy Carolinas LLC |
640 | 635,012 | ||||||||||
6.00%, 01/15/38 |
1,675 | 1,661,260 | ||||||||||
Duke Energy Florida LLC |
2,775 | 2,836,239 | ||||||||||
6.40%, 06/15/38 |
770 | 796,200 | ||||||||||
E.ON International Finance BV, 6.65%, 04/30/38(b) |
2,000 | 2,014,395 | ||||||||||
Electricite de France SA(b) |
2,800 | 2,507,383 | ||||||||||
(5-year CMT + 5.41%), 9.13%(a)(f) |
200 | 208,347 | ||||||||||
Eversource Energy, 2.55%, 03/15/31 |
350 | 278,704 | ||||||||||
Mong Duong Finance Holdings BV, 5.13%, 05/07/29 |
576 | 521,194 |
S C H E D U L E O F I N V E S T M E N T S | 8 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) (Percentages shown are based on Net Assets) |
Security | Par (000) |
Value | ||||||||||
Electric Utilities (continued) | ||||||||||||
NextEra Energy Operating Partners LP, 3.88%, 10/15/26(b) |
USD | 77 | $ | 69,717 | ||||||||
Ohio Power Co., Series D, 6.60%, 03/01/33(e) |
3,000 | 3,111,156 | ||||||||||
Oncor Electric Delivery Co. LLC |
||||||||||||
4.15%, 06/01/32 |
1,000 | 910,560 | ||||||||||
4.55%, 09/15/32(e) |
1,000 | 921,794 | ||||||||||
San Diego Gas & Electric Co. |
||||||||||||
4.95%, 08/15/28 |
1,565 | 1,523,529 | ||||||||||
Series VVV, 1.70%, 10/01/30 |
750 | 578,942 | ||||||||||
Southern California Edison Co., 5.63%, 02/01/36 |
1,300 | 1,221,681 | ||||||||||
Star Energy Geothermal Wayang Windu Ltd., 6.75%, 04/24/33(d) |
211 | 202,108 | ||||||||||
Talen Energy Supply LLC, 8.63%, 06/01/30(b) |
91 | 93,284 | ||||||||||
TransAlta Corp., 7.75%, 11/15/29 |
77 | 77,963 | ||||||||||
Virginia Electric and Power Co., Series A, 6.00%, 05/15/37(e) |
3,920 | 3,885,281 | ||||||||||
Vistra Operations Co. LLC(b) |
||||||||||||
5.50%, 09/01/26 |
12 | 11,443 | ||||||||||
5.00%, 07/31/27 |
12 | 11,033 | ||||||||||
|
|
|||||||||||
26,276,107 | ||||||||||||
Electrical Equipment 0.3% | ||||||||||||
Eaton Corp., 4.15%, 11/02/42 |
500 | 406,662 | ||||||||||
Gates Global LLC/Gates Corp., 6.25%, 01/15/26(b) |
326 | 317,683 | ||||||||||
Regal Rexnord Corp.(b) |
||||||||||||
6.05%, 04/15/28 |
411 | 399,766 | ||||||||||
6.30%, 02/15/30 |
145 | 140,066 | ||||||||||
6.40%, 04/15/33 |
150 | 144,481 | ||||||||||
|
|
|||||||||||
1,408,658 | ||||||||||||
Electronic Equipment, Instruments & Components 0.4% | ||||||||||||
Coherent Corp., 5.00%, 12/15/29(b)(e) |
205 | 177,743 | ||||||||||
Corning, Inc., 4.38%, 11/15/57(e) |
2,000 | 1,502,982 | ||||||||||
Imola Merger Corp., 4.75%, 05/15/29(b) |
40 | 35,056 | ||||||||||
Vertiv Group Corp., 4.13%, 11/15/28(b) |
330 | 290,074 | ||||||||||
|
|
|||||||||||
2,005,855 | ||||||||||||
Energy Equipment & Services 0.4% | ||||||||||||
Archrock Partners LP/Archrock Partners Finance Corp.(b) |
||||||||||||
6.88%, 04/01/27 |
246 | 237,966 | ||||||||||
6.25%, 04/01/28 |
347 | 323,065 | ||||||||||
Halliburton Co., 5.00%, 11/15/45(e) |
500 | 423,843 | ||||||||||
Oceaneering International, Inc., 6.00%, 02/01/28(b)(h) |
45 | 42,393 | ||||||||||
Patterson-UTI Energy, Inc., 7.15%, 10/01/33 |
65 | 65,234 | ||||||||||
Shelf Drilling Holdings, 9.63%, 04/15/29(h) |
200 | 197,750 | ||||||||||
USA Compression Partners LP/USA Compression Finance Corp. |
||||||||||||
6.88%, 04/01/26 |
315 | 308,556 | ||||||||||
6.88%, 09/01/27 |
100 | 96,945 | ||||||||||
Vallourec SA, 8.50%, 06/30/26(d) |
EUR | 23 | 24,317 | |||||||||
Weatherford International Ltd.(b) |
||||||||||||
6.50%, 09/15/28 |
USD | 119 | 119,012 | |||||||||
8.63%, 04/30/30(e) |
220 | 221,684 | ||||||||||
|
|
|||||||||||
2,060,765 | ||||||||||||
Environmental, Maintenance & Security Service 0.3% | ||||||||||||
Clean Harbors, Inc., 6.38%, 02/01/31(b) |
77 | 74,873 | ||||||||||
Covanta Holding Corp. |
||||||||||||
4.88%, 12/01/29(b) |
92 | 75,477 | ||||||||||
5.00%, 09/01/30 |
48 | 38,304 | ||||||||||
GFL Environmental, Inc.(b) |
||||||||||||
3.75%, 08/01/25 |
120 | 113,746 |
Security | Par (000) |
Value | ||||||||||
Environmental, Maintenance & Security Service (continued) | ||||||||||||
GFL Environmental, Inc.(b) (continued) |
||||||||||||
4.00%, 08/01/28 |
USD | 174 | $ | 152,035 | ||||||||
3.50%, 09/01/28 |
111 | 95,561 | ||||||||||
4.75%, 06/15/29(e) |
148 | 131,558 | ||||||||||
4.38%, 08/15/29 |
252 | 218,890 | ||||||||||
Tervita Corp., 11.00%, 12/01/25(b) |
77 | 80,501 | ||||||||||
Waste Management, Inc., 2.95%, 06/01/41 |
350 | 240,122 | ||||||||||
Waste Pro USA, Inc., 5.50%, 02/15/26(b) |
570 | 532,252 | ||||||||||
|
|
|||||||||||
1,753,319 | ||||||||||||
Financial Services 5.2% | ||||||||||||
Acuris Finance U.S., Inc./Acuris Finance SARL, 5.00%, 05/01/28(b) |
|
272 | 223,720 | |||||||||
Aircastle Ltd., 6.50%, 07/18/28(b) |
92 | 90,222 | ||||||||||
ASG Finance Designated Activity Co., 7.88%, 12/03/24(b) |
200 | 194,334 | ||||||||||
Bank of America Corp., (3-mo. CME Term SOFR + 1.57%), 4.27%, 07/23/29(a)(e) |
4,000 | 3,686,577 | ||||||||||
Barclays PLC, (1-year CMT + 1.05%), 2.28%, 11/24/27(a)(e) |
3,000 | 2,643,199 | ||||||||||
BNP Paribas SA(a)(b)(f) |
||||||||||||
(5-year CMT + 3.34%), 4.63% |
2,000 | 1,420,152 | ||||||||||
(5-year CMT + 4.35%), 8.50% |
265 | 259,256 | ||||||||||
Castlelake Aviation Finance DAC, 5.00%, 04/15/27(b) |
23 | 21,007 | ||||||||||
Citigroup, Inc.(a) |
||||||||||||
(1-day SOFR + 2.34%), 6.27%, 11/17/33(e) |
1,567 | 1,562,367 | ||||||||||
(1-day SOFR + 2.66%), 6.17%, 05/25/34 |
290 | 277,131 | ||||||||||
Credit Agricole SA, (5-year USD Swap + 4.90%), 7.88%(a)(b)(f) |
1,000 | 992,500 | ||||||||||
Deutsche Bank AG, (1-day SOFR + 3.18%), 6.72%, 01/18/29(a)(e) |
850 | 844,948 | ||||||||||
Freedom Mortgage Corp., 12.25%, 10/01/30 |
65 | 66,440 | ||||||||||
GGAM Finance Ltd.(b) |
||||||||||||
7.75%, 05/15/26 |
30 | 29,700 | ||||||||||
8.00%, 06/15/28 |
30 | 29,941 | ||||||||||
Global Aircraft Leasing Co. Ltd., (6.50% Cash or 7.25% PIK), 6.50%, 09/15/24(b)(g) |
225 | 214,094 | ||||||||||
Goldman Sachs Group, Inc.(a) |
||||||||||||
(3-mo. CME Term SOFR + 1.56%), 4.22%, 05/01/29(e) |
4,000 | 3,700,116 | ||||||||||
Series R, (5-year CMT + 3.22%), 4.95%(f) |
333 | 308,366 | ||||||||||
Home Point Capital, Inc., 5.00%, 02/01/26(b) |
856 | 799,586 | ||||||||||
HSBC Holdings PLC |
||||||||||||
6.10%, 01/14/42 |
610 | 607,710 | ||||||||||
(5-year CMT + 3.25%), 4.70%(a)(f) |
275 | 206,555 | ||||||||||
(5-year USD ICE Swap + 4.37%), |
1,000 | 960,605 | ||||||||||
ION Trading Technologies SARL, 5.75%, 05/15/28(b) |
200 | 174,384 | ||||||||||
Jefferies Finance LLC/JFIN Co.-Issuer Corp., 5.00%, 08/15/28(b) |
220 | 185,241 | ||||||||||
JPMorgan Chase & Co.(a) |
||||||||||||
(1-day SOFR + 1.18%), 2.55%, 11/08/32 |
1,000 | 773,894 | ||||||||||
(1-day SOFR + 2.08%), 4.91%, 07/25/33 |
1,381 | 1,270,589 | ||||||||||
(3-mo. CME Term SOFR + 1.42%), 3.70%, 05/06/30 |
1,000 | 891,881 | ||||||||||
(3-mo. CME Term SOFR + 2.46%), 3.11%, 04/22/41 |
800 | 555,995 | ||||||||||
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.(b) |
||||||||||||
5.25%, 10/01/25 |
30 | 28,884 | ||||||||||
4.25%, 02/01/27 |
42 | 36,734 | ||||||||||
4.75%, 06/15/29 |
46 | 37,159 | ||||||||||
Lloyds Banking Group PLC, (5-year CMT + 4.82%), 6.75%(a)(f) |
595 | 547,261 |
9 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) (Percentages shown are based on Net Assets) |
Security | Par (000) |
Value | ||||||||||
Financial Services (continued) | ||||||||||||
Morgan Stanley, (1-day SOFR + 1.73%), 5.12%, 02/01/29(a)(e) |
USD | 3,000 | $ | 2,889,047 | ||||||||
Nationstar Mortgage Holdings, Inc.(b) |
33 | 31,182 | ||||||||||
5.75%, 11/15/31 |
78 | 64,523 | ||||||||||
NatWest Group PLC, (1-year CMT + 2.27%), 5.52%, 09/30/28(a) |
1,000 | 967,615 | ||||||||||
Permian Resources Operating LLC, 7.00%, 01/15/32 |
115 | 113,414 | ||||||||||
Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc.(b) |
579 | 509,920 | ||||||||||
3.88%, 03/01/31 |
55 | 43,855 | ||||||||||
4.00%, 10/15/33 |
56 | 42,290 | ||||||||||
Spectrum Brands, Inc.(b) |
53 | 48,023 | ||||||||||
5.50%, 07/15/30 |
104 | 94,297 | ||||||||||
|
|
|||||||||||
28,444,714 | ||||||||||||
Food Products 0.4% | ||||||||||||
Aramark International Finance SARL, 3.13%, 04/01/25(d) |
EUR | 100 | 103,674 | |||||||||
Aramark Services, Inc.(b) |
USD | 73 | 71,752 | |||||||||
6.38%, 05/01/25 |
14 | 14,223 | ||||||||||
5.00%, 02/01/28(e) |
541 | 500,335 | ||||||||||
B&G Foods, Inc., 8.00%, 09/15/28 |
71 | 71,097 | ||||||||||
BRF SA, 4.88%, 01/24/30(d) |
200 | 161,250 | ||||||||||
Chobani LLC/Chobani Finance Corp., Inc.(b) |
803 | 795,436 | ||||||||||
4.63%, 11/15/28 |
466 | 411,003 | ||||||||||
Darling Global Finance BV, 3.63%, 05/15/26(d) |
EUR | 100 | 102,293 | |||||||||
|
|
|||||||||||
2,231,063 | ||||||||||||
Ground Transportation 1.2% | ||||||||||||
Burlington Northern Santa Fe LLC, 5.75%, 05/01/40 |
USD | 1,890 | 1,876,250 | |||||||||
Danaos Corp., 8.50%, 03/01/28(b) |
100 | 101,122 | ||||||||||
Forward Air Corp., 9.50%, 10/15/31(h) |
231 | 230,838 | ||||||||||
Lima Metro Line 2 Finance Ltd., 5.88%, 07/05/34(b) |
2,258 | 2,150,814 | ||||||||||
Norfolk Southern Corp., 2.30%, 05/15/31 |
1,800 | 1,442,913 | ||||||||||
Union Pacific Corp. |
350 | 256,997 | ||||||||||
3.84%, 03/20/60 |
800 | 560,677 | ||||||||||
|
|
|||||||||||
6,619,611 | ||||||||||||
Health Care Equipment & Supplies 0.7% | ||||||||||||
Avantor Funding, Inc. |
EUR | 100 | 100,881 | |||||||||
4.63%, 07/15/28(b)(e) |
USD | 379 | 345,526 | |||||||||
3.88%, 11/01/29(b) |
17 | 14,529 | ||||||||||
Bausch & Lomb Escrow Corp., 8.38%, 10/01/28(b) |
769 | 771,284 | ||||||||||
Becton Dickinson & Co. |
750 | 678,160 | ||||||||||
4.69%, 12/15/44 |
600 | 504,287 | ||||||||||
Embecta Corp., 6.75%, 02/15/30(b) |
26 | 21,255 | ||||||||||
Garden Spinco Corp., 8.63%, 07/20/30(b) |
136 | 141,964 | ||||||||||
Thermo Fisher Scientific, Inc. |
495 | 478,639 | ||||||||||
5.30%, 02/01/44(e) |
1,000 | 938,149 | ||||||||||
|
|
|||||||||||
3,994,674 | ||||||||||||
Health Care Providers & Services 1.9% | ||||||||||||
Acadia Healthcare Co., Inc., 5.50%, 07/01/28(b) |
37 | 34,409 |
Security | Par (000) |
Value | ||||||||||
Health Care Providers & Services (continued) | ||||||||||||
AdaptHealth LLC(b) |
USD | 49 | $ | 42,295 | ||||||||
5.13%, 03/01/30 |
18 | 13,939 | ||||||||||
Aetna, Inc., 4.50%, 05/15/42 |
575 | 454,346 | ||||||||||
AHP Health Partners, Inc., 5.75%, 07/15/29(b) |
219 | 183,960 | ||||||||||
CHS/Community Health Systems, Inc.(b) |
92 | 78,910 | ||||||||||
6.00%, 01/15/29 |
332 | 268,117 | ||||||||||
5.25%, 05/15/30(e) |
515 | 391,491 | ||||||||||
4.75%, 02/15/31(e) |
355 | 251,241 | ||||||||||
Elevance Health, Inc., 4.65%, 08/15/44 |
1,500 | 1,241,049 | ||||||||||
Encompass Health Corp., 4.75%, 02/01/30 |
217 | 191,978 | ||||||||||
HCA, Inc., 5.50%, 06/15/47 |
1,090 | 930,381 | ||||||||||
HealthEquity, Inc., 4.50%, 10/01/29(b) |
355 | 305,788 | ||||||||||
IQVIA, Inc., 6.50%, 05/15/30(b) |
200 | 195,754 | ||||||||||
LifePoint Health, Inc. |
229 | 221,702 | ||||||||||
11.00%, 10/15/30(h) |
251 | 251,000 | ||||||||||
Medline Borrower LP(b)(e) |
281 | 237,564 | ||||||||||
5.25%, 10/01/29 |
905 | 782,188 | ||||||||||
ModivCare, Inc., 5.88%, 11/15/25(b) |
224 | 212,925 | ||||||||||
Molina Healthcare, Inc.(b) |
32 | 28,673 | ||||||||||
3.88%, 11/15/30 |
122 | 100,968 | ||||||||||
3.88%, 05/15/32 |
13 | 10,426 | ||||||||||
Northwell Healthcare, Inc., 4.26%, 11/01/47 |
725 | 543,827 | ||||||||||
Prime Healthcare Services, Inc., 7.25%, 11/01/25(b) |
30 | 27,739 | ||||||||||
RegionalCare Hospital Partners Holdings, Inc./LifePoint Health, Inc., 9.75%, 12/01/26(b) |
59 | 57,118 | ||||||||||
Surgery Center Holdings, Inc., 6.75%, 07/01/25(b)(e) |
189 | 187,582 | ||||||||||
Teleflex, Inc., 4.63%, 11/15/27 |
14 | 12,845 | ||||||||||
Tenet Healthcare Corp. |
193 | 184,900 | ||||||||||
6.25%, 02/01/27 |
123 | 119,014 | ||||||||||
5.13%, 11/01/27 |
79 | 73,520 | ||||||||||
4.63%, 06/15/28 |
55 | 49,508 | ||||||||||
6.13%, 10/01/28(e) |
122 | 114,527 | ||||||||||
6.13%, 06/15/30 |
122 | 114,381 | ||||||||||
6.75%, 05/15/31(b) |
550 | 530,459 | ||||||||||
UnitedHealth Group, Inc. |
1,750 | 1,773,813 | ||||||||||
3.05%, 05/15/41 |
600 | 423,331 | ||||||||||
|
|
|||||||||||
10,641,668 | ||||||||||||
Health Care Technology(b) 0.3% | ||||||||||||
AthenaHealth Group, Inc., 6.50%, 02/15/30(e) |
1,181 | 987,915 | ||||||||||
Catalent Pharma Solutions, Inc. |
71 | 65,137 | ||||||||||
3.13%, 02/15/29 |
58 | 47,571 | ||||||||||
3.50%, 04/01/30(e) |
260 | 214,063 | ||||||||||
Fortrea Holdings, Inc., 7.50%, 07/01/30(e) |
132 | 128,438 | ||||||||||
|
|
|||||||||||
1,443,124 | ||||||||||||
Hotels, Restaurants & Leisure 1.9% | ||||||||||||
Accor SA, (5-year EUR Swap + 4.56%), 4.38%(a)(d)(f) |
EUR | 100 | 104,664 | |||||||||
Boyd Gaming Corp., 4.75%, 12/01/27 |
USD | 88 | 81,012 | |||||||||
Burger King (Restaurant Brands International, Inc.)/New Red Finance, Inc.(b) |
39 | 34,985 | ||||||||||
4.38%, 01/15/28 |
214 | 192,888 |
S C H E D U L E O F I N V E S T M E N T S | 10 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) (Percentages shown are based on Net Assets) |
Security | Par (000) |
Value | ||||||||||
Hotels, Restaurants & Leisure (continued) | ||||||||||||
Burger King (Restaurant Brands International, Inc.)/New Red Finance, Inc.(b) (continued) |
||||||||||||
4.00%, 10/15/30 |
USD | 41 | $ | 34,070 | ||||||||
Caesars Entertainment, Inc.(b) |
||||||||||||
6.25%, 07/01/25 |
701 | 691,405 | ||||||||||
8.13%, 07/01/27(e) |
626 | 628,984 | ||||||||||
4.63%, 10/15/29(e) |
128 | 108,424 | ||||||||||
7.00%, 02/15/30 |
742 | 722,012 | ||||||||||
Caesars Resort Collection LLC/CRC Finco, Inc., 5.75%, 07/01/25(b) |
103 | 102,565 | ||||||||||
CDI Escrow Issuer, Inc., 5.75%, 04/01/30(b) |
418 | 377,629 | ||||||||||
Churchill Downs, Inc.(b) |
||||||||||||
5.50%, 04/01/27 |
244 | 232,579 | ||||||||||
4.75%, 01/15/28 |
207 | 186,723 | ||||||||||
6.75%, 05/01/31 |
263 | 248,535 | ||||||||||
Corvias Campus Living - USG LLC, 5.30%, 07/01/50 |
5,558 | 2,001,142 | ||||||||||
Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.(b) |
||||||||||||
4.63%, 01/15/29 |
85 | 72,037 | ||||||||||
6.75%, 01/15/30 |
46 | 37,495 | ||||||||||
Hilton Domestic Operating Co., Inc.(b) |
||||||||||||
5.75%, 05/01/28 |
112 | 108,273 | ||||||||||
3.75%, 05/01/29 |
99 | 85,616 | ||||||||||
4.00%, 05/01/31 |
79 | 66,413 | ||||||||||
3.63%, 02/15/32 |
38 | 30,635 | ||||||||||
Light & Wonder International, Inc., 7.50%, 09/01/31 |
121 | 119,591 | ||||||||||
Lindblad Expeditions Holdings, Inc., 9.00%, 05/15/28(b) |
166 | 165,638 | ||||||||||
Lottomatica SpA, (3-mo. EURIBOR + 4.13%), 7.93%, 06/01/28(a)(d) |
EUR | 100 | 106,544 | |||||||||
Melco Resorts Finance Ltd.(b) |
||||||||||||
4.88%, 06/06/25 |
USD | 200 | 188,870 | |||||||||
5.75%, 07/21/28 |
200 | 173,440 | ||||||||||
5.38%, 12/04/29 |
200 | 164,342 | ||||||||||
Merlin Entertainments Ltd., 5.75%, 06/15/26(b) |
200 | 190,975 | ||||||||||
MGM China Holdings Ltd. |
||||||||||||
5.88%, 05/15/26(d) |
450 | 426,411 | ||||||||||
4.75%, 02/01/27(b) |
200 | 179,834 | ||||||||||
Ontario Gaming GTA LP, 8.00%, 08/01/30 |
110 | 110,000 | ||||||||||
Premier Entertainment Sub LLC/Premier Entertainment Finance Corp.(b) |
||||||||||||
5.63%, 09/01/29 |
63 | 48,510 | ||||||||||
5.88%, 09/01/31 |
79 | 58,262 | ||||||||||
Scientific Games Holdings LP/Scientific Games US FinCo, Inc., 6.63%, 03/01/30(b) |
78 | 67,275 | ||||||||||
Scientific Games International, Inc.(b) |
100 | 98,291 | ||||||||||
7.25%, 11/15/29 |
96 | 94,080 | ||||||||||
Six Flags Entertainment Corp., 7.25%, 05/15/31(b)(e) |
453 | 425,313 | ||||||||||
Six Flags Theme Parks, Inc., 7.00%, 07/01/25(b) |
65 | 64,835 | ||||||||||
Station Casinos LLC, 4.50%, 02/15/28(b) |
123 | 107,297 | ||||||||||
Studio City Co. Ltd., 7.00%, 02/15/27(d) |
200 | 188,416 | ||||||||||
Vail Resorts, Inc., 6.25%, 05/15/25(b) |
105 | 104,434 | ||||||||||
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp., 5.25%, 05/15/27(b)(e) |
125 | 116,274 | ||||||||||
Wynn Macau Ltd. |
200 | 194,100 |
Security | Par (000) |
Value | ||||||||||
Hotels, Restaurants & Leisure (continued) | ||||||||||||
Wynn Macau Ltd. (continued) |
||||||||||||
5.63%, 08/26/28(b)(e) |
USD | 200 | $ | 172,500 | ||||||||
Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.(b) |
||||||||||||
5.13%, 10/01/29 |
435 | 380,245 | ||||||||||
7.13%, 02/15/31(e) |
230 | 218,321 | ||||||||||
|
|
|||||||||||
|
10,311,884 |
| ||||||||||
Household Durables 0.1% | ||||||||||||
Brookfield Residential Properties, Inc./Brookfield Residential U.S. LLC, 5.00%, 06/15/29(b) |
141 | 116,053 | ||||||||||
CD&R Smokey Buyer, Inc., 6.75%, 07/15/25(b) |
173 | 166,703 | ||||||||||
Dream Finders Homes, Inc., 8.25%, 08/15/28 |
73 | 73,494 | ||||||||||
K Hovnanian Enterprises, Inc., 7.75%, 02/15/26(b) |
29 | 29,560 | ||||||||||
SWF Escrow Issuer Corp., 6.50%, 10/01/29(b)(e) |
223 | 142,653 | ||||||||||
Taylor Morrison Communities, Inc., 5.88%, 06/15/27(b) |
62 | 58,942 | ||||||||||
Tempur Sealy International, Inc., 3.88%, 10/15/31(b) |
76 | 58,631 | ||||||||||
Tri Pointe Homes, Inc., 5.25%, 06/01/27 |
28 | 26,201 | ||||||||||
|
|
|||||||||||
|
672,237 |
| ||||||||||
Household Products 0.0% | ||||||||||||
Central Garden & Pet Co. |
||||||||||||
5.13%, 02/01/28 |
35 | 32,641 | ||||||||||
4.13%, 10/15/30(e) |
105 | 87,540 | ||||||||||
|
|
|||||||||||
|
120,181 |
| ||||||||||
Independent Power and Renewable Electricity Producers 0.2% | ||||||||||||
Alexander Funding Trust II, 7.47%, 07/31/28(b) |
105 | 105,138 | ||||||||||
Calpine Corp.(b) |
||||||||||||
5.13%, 03/15/28 |
92 | 81,920 | ||||||||||
5.00%, 02/01/31 |
41 | 33,152 | ||||||||||
Clearway Energy Operating LLC(b) |
||||||||||||
4.75%, 03/15/28 |
124 | 110,901 | ||||||||||
3.75%, 02/15/31 |
14 | 11,043 | ||||||||||
Greenko Dutch BV, 3.85%, 03/29/26(d)(e) |
185 | 166,124 | ||||||||||
Greenko Solar Mauritius Ltd., 5.95%, 07/29/26(d) |
200 | 185,584 | ||||||||||
India Cleantech Energy, 4.70%, 08/10/26(b) |
221 | 191,894 | ||||||||||
NRG Energy, Inc., 7.00%, 03/15/33(b) |
150 | 144,926 | ||||||||||
SCC Power PLC(b)(g) |
||||||||||||
(4.00% Cash or 4.00% PIK), 4.00%, 05/17/32 |
136 | 14,710 | ||||||||||
(8.00% Cash or 4.00% PIK), 8.00%, 12/31/28 |
252 | 95,785 | ||||||||||
|
|
|||||||||||
|
1,141,177 |
| ||||||||||
Industrial Conglomerates 0.4% | ||||||||||||
General Electric Co., 6.15%, 08/07/37 |
2,150 | 2,136,272 | ||||||||||
|
|
|||||||||||
Insurance 2.4% | ||||||||||||
Acrisure LLC/Acrisure Finance, Inc., 6.00%, 08/01/29(b) |
|
82 | 68,908 | |||||||||
Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer(b) |
||||||||||||
4.25%, 10/15/27 |
319 | 285,613 | ||||||||||
6.75%, 10/15/27(e) |
1,303 | 1,211,805 | ||||||||||
6.75%, 04/15/28 |
397 | 383,127 | ||||||||||
5.88%, 11/01/29(e) |
1,115 | 965,611 | ||||||||||
Aon Global Ltd., 4.60%, 06/14/44 |
500 | 403,229 | ||||||||||
Berkshire Hathaway Finance Corp., 4.40%, 05/15/42(e) |
500 | 434,607 | ||||||||||
GTCR AP Finance, Inc., 8.00%, 05/15/27(b) |
148 | 145,478 |
11 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) (Percentages shown are based on Net Assets) |
Security | Par (000) |
Value | ||||||||||
Insurance (continued) | ||||||||||||
HUB International Ltd.(b) |
||||||||||||
7.00%, 05/01/26 |
USD | 625 | $ | 623,626 | ||||||||
7.25%, 06/15/30(e) |
982 | 980,203 | ||||||||||
Jones Deslauriers Insurance Management, Inc.(b) |
||||||||||||
8.50%, 03/15/30 |
352 | 354,584 | ||||||||||
10.50%, 12/15/30 |
183 | 186,190 | ||||||||||
Liberty Mutual Group, Inc., 6.50%, 05/01/42(b) |
2,000 | 1,825,107 | ||||||||||
Marsh & McLennan Cos., Inc., 5.88%, 08/01/33(e) |
1,500 | 1,514,945 | ||||||||||
NFP Corp., 8.50%, 10/01/31 |
120 | 120,182 | ||||||||||
Progressive Corp., 3.00%, 03/15/32 |
750 | 628,311 | ||||||||||
Prudential Financial, Inc. |
||||||||||||
5.90%, 03/17/36 |
500 | 480,457 | ||||||||||
5.70%, 12/14/36 |
1,625 | 1,616,113 | ||||||||||
Ryan Specialty LLC, 4.38%, 02/01/30(b) |
132 | 114,949 | ||||||||||
Teachers Insurance & Annuity Association of America, 4.27%, 05/15/47(b) |
700 | 533,437 | ||||||||||
|
|
|||||||||||
12,876,482 | ||||||||||||
Interactive Media & Services 0.1% | ||||||||||||
Cablevision Lightpath LLC, 5.63%, 09/15/28(b) |
200 | 153,487 | ||||||||||
iliad SA(d) |
||||||||||||
5.38%, 06/14/27 |
EUR | 100 | 102,744 | |||||||||
5.63%, 02/15/30 |
100 | 100,703 | ||||||||||
Northwest Fiber LLC/Northwest Fiber Finance Sub, Inc., 4.75%, 04/30/27(b) |
USD | 133 | 118,370 | |||||||||
|
|
|||||||||||
475,304 | ||||||||||||
Internet Software & Services 0.4% | ||||||||||||
Go Daddy Operating Co. LLC/GD Finance Co., Inc., 5.25%, 12/01/27(b) |
27 | 25,469 | ||||||||||
Match Group Holdings II LLC(b) |
||||||||||||
5.63%, 02/15/29 |
6 | 5,535 | ||||||||||
4.13%, 08/01/30 |
20 | 16,503 | ||||||||||
3.63%, 10/01/31(e) |
134 | 105,742 | ||||||||||
Uber Technologies, Inc. |
||||||||||||
0.00%, 12/15/25(i)(j) |
590 | 550,421 | ||||||||||
8.00%, 11/01/26(b) |
156 | 157,834 | ||||||||||
7.50%, 09/15/27(b)(e) |
330 | 332,740 | ||||||||||
6.25%, 01/15/28(b) |
190 | 185,794 | ||||||||||
4.50%, 08/15/29(b) |
588 | 525,588 | ||||||||||
|
|
|||||||||||
1,905,626 | ||||||||||||
IT Services 0.9% | ||||||||||||
Ahead DB Holdings LLC, 6.63%, 05/01/28(b) |
99 | 83,623 | ||||||||||
CA Magnum Holdings, 5.38%, 10/31/26(b) |
258 | 227,644 | ||||||||||
Camelot Finance SA, 4.50%, 11/01/26(b) |
198 | 182,791 | ||||||||||
Central Parent LLC/CDK Global II LLC/CDK Financing Co, Inc., 8.00%, 06/15/29 |
270 | 269,001 | ||||||||||
Dun & Bradstreet Corp., 5.00%, 12/15/29(b) |
464 | 400,032 | ||||||||||
Engineering - Ingegneria Informatica - SpA, 11.13%, 05/15/28(d) |
EUR | 100 | 105,646 | |||||||||
Fidelity National Information Services, Inc., 4.50%, 08/15/46 |
USD | 1,000 | 748,716 | |||||||||
Fiserv, Inc., 4.40%, 07/01/49 |
500 | 383,019 | ||||||||||
International Business Machines Corp. |
||||||||||||
4.40%, 07/27/32 |
500 | 459,705 | ||||||||||
4.75%, 02/06/33 |
550 | 517,483 | ||||||||||
2.95%, 05/15/50(e) |
750 | 448,879 | ||||||||||
KBR, Inc., 4.75%, 09/30/28(b) |
136 | 119,680 | ||||||||||
McAfee Corp., 7.38%, 02/15/30(b)(e) |
649 | 543,338 | ||||||||||
Presidio Holdings, Inc., 4.88%, 02/01/27(b) |
32 | 29,583 |
Security | Par (000) |
Value | ||||||||||
IT Services (continued) | ||||||||||||
Twilio, Inc. |
||||||||||||
3.63%, 03/15/29 |
USD | 117 | $ | 97,946 | ||||||||
3.88%, 03/15/31(e) |
214 | 174,000 | ||||||||||
ZoomInfo Technologies LLC/ZoomInfo Finance Corp., 3.88%, 02/01/29(b) |
353 | 294,206 | ||||||||||
|
|
|||||||||||
5,085,292 | ||||||||||||
Leisure Products 0.1% | ||||||||||||
Acushnet Co., 7.38%, 10/15/28 |
55 | 55,412 | ||||||||||
Mattel, Inc. |
194 | 172,790 | ||||||||||
5.45%, 11/01/41 |
59 | 48,665 | ||||||||||
|
|
|||||||||||
276,867 | ||||||||||||
Life Sciences Tools & Services 0.1% | ||||||||||||
Star Parent, Inc., 9.00%, 10/01/30 |
561 | 566,892 | ||||||||||
|
|
|||||||||||
Machinery 0.6% | ||||||||||||
Chart Industries, Inc.(b) |
445 | 447,438 | ||||||||||
9.50%, 01/01/31 |
66 | 70,145 | ||||||||||
GrafTech Global Enterprises, Inc., 9.88%, 12/15/28 |
192 | 181,920 | ||||||||||
Husky III Holding Ltd., (13.00% Cash or 13.75% PIK), 13.00%, 02/15/25(b)(g) |
241 | 238,595 | ||||||||||
Madison IAQ LLC, 5.88%, 06/30/29(b)(e) |
232 | 186,816 | ||||||||||
OT Merger Corp., 7.88%, 10/15/29(b) |
78 | 47,730 | ||||||||||
Terex Corp., 5.00%, 05/15/29(b) |
110 | 98,508 | ||||||||||
Titan Acquisition Ltd./Titan Co.-Borrower LLC, 7.75%, 04/15/26(b) |
544 | 533,120 | ||||||||||
TK Elevator Holdco GmbH |
EUR | 91 | 83,731 | |||||||||
7.63%, 07/15/28(b)(e) |
USD | 400 | 364,091 | |||||||||
TK Elevator Midco GmbH, 4.38%, 07/15/27(d) |
EUR | 303 | 289,818 | |||||||||
TK Elevator U.S. Newco, Inc., 5.25%, 07/15/27(b) |
USD | 941 | 862,453 | |||||||||
|
|
|||||||||||
3,404,365 | ||||||||||||
Media 4.4% | ||||||||||||
AMC Networks, Inc., 4.75%, 08/01/25 |
115 | 106,096 | ||||||||||
Bell Telephone Co. of Canada or Bell Canada, |
||||||||||||
Series US-4, 3.65%, 03/17/51 |
335 | 225,340 | ||||||||||
Cable One, Inc. |
62 | 50,716 | ||||||||||
1.13%, 03/15/28(i) |
336 | 249,984 | ||||||||||
4.00%, 11/15/30(b) |
96 | 73,133 | ||||||||||
CCO Holdings LLC/CCO Holdings
Capital |
228 | 212,431 | ||||||||||
5.00%, 02/01/28 |
95 | 86,273 | ||||||||||
6.38%, 09/01/29(e) |
517 | 482,085 | ||||||||||
4.75%, 03/01/30 |
82 | 68,835 | ||||||||||
4.25%, 02/01/31 |
283 | 225,279 | ||||||||||
7.38%, 03/01/31(e) |
1,050 | 1,014,120 | ||||||||||
4.75%, 02/01/32 |
241 | 192,800 | ||||||||||
4.25%, 01/15/34(e) |
176 | 129,585 | ||||||||||
Charter Communications Operating LLC/Charter Communications Operating Capital |
1,100 | 838,226 | ||||||||||
4.80%, 03/01/50 |
1,000 | 699,266 | ||||||||||
Clear Channel International BV, 6.63%, 08/01/25(b) |
256 | 253,081 | ||||||||||
Clear Channel Outdoor Holdings, Inc. |
438 | 388,941 | ||||||||||
7.75%, 04/15/28(b)(e) |
237 | 189,224 | ||||||||||
9.00%, 09/15/28 |
501 | 496,160 | ||||||||||
7.50%, 06/01/29(b) |
508 | 388,434 |
S C H E D U L E O F I N V E S T M E N T S | 12 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) (Percentages shown are based on Net Assets) |
Security | Par (000) |
Value | ||||||||||
Media (continued) | ||||||||||||
CMG Media Corp., 8.88%, 12/15/27(b) |
USD | 213 | $ | 166,719 | ||||||||
Comcast Corp. |
790 | 825,055 | ||||||||||
3.90%, 03/01/38 |
1,500 | 1,225,075 | ||||||||||
4.70%, 10/15/48(e) |
3,000 | 2,537,379 | ||||||||||
Connect Finco SARL/Connect U.S. Finco LLC, 6.75%, 10/01/26(b) |
855 | 797,457 | ||||||||||
CSC Holdings LLC(b) |
200 | 171,415 | ||||||||||
11.25%, 05/15/28 |
1,407 | 1,401,494 | ||||||||||
4.13%, 12/01/30(e) |
400 | 283,086 | ||||||||||
4.50%, 11/15/31 |
206 | 145,802 | ||||||||||
Directv Financing LLC/Directv Financing Co-Obligor, Inc., 5.88%, 08/15/27(b)(e) |
149 | 131,743 | ||||||||||
Discovery Communications LLC, 3.45%, 03/15/25 |
210 | 201,850 | ||||||||||
DISH DBS Corp. |
343 | 257,250 | ||||||||||
5.25%, 12/01/26(b) |
603 | 512,460 | ||||||||||
5.75%, 12/01/28(b) |
192 | 147,600 | ||||||||||
5.13%, 06/01/29 |
34 | 18,849 | ||||||||||
DISH Network Corp., 11.75%, 11/15/27(b) |
476 | 479,554 | ||||||||||
Frontier Communications Holdings LLC(b) |
152 | 138,239 | ||||||||||
5.00%, 05/01/28 |
293 | 250,170 | ||||||||||
8.75%, 05/15/30 |
821 | 779,519 | ||||||||||
GCI LLC, 4.75%, 10/15/28(b) |
72 | 62,100 | ||||||||||
Gray Television, Inc.(b) |
123 | 110,513 | ||||||||||
7.00%, 05/15/27 |
93 | 79,980 | ||||||||||
Hughes Satellite Systems Corp., 5.25%, 08/01/26 |
59 | 53,052 | ||||||||||
Iliad Holding SASU, 6.50%, 10/15/26(b) |
529 | 497,002 | ||||||||||
Interpublic Group of Cos., Inc., 5.40%, 10/01/48 |
500 | 425,153 | ||||||||||
Ligado Networks LLC, (15.50% PIK), 15.50%, 11/01/23(b)(g) |
179 | 52,900 | ||||||||||
Lions Gate Capital Holdings LLC, 5.50%, 04/15/29(b) |
155 | 102,193 | ||||||||||
Live Nation Entertainment, Inc.(b) |
11 | 10,561 | ||||||||||
6.50%, 05/15/27(e) |
722 | 711,886 | ||||||||||
4.75%, 10/15/27(e) |
345 | 315,891 | ||||||||||
Lorca Telecom Bondco SA, 4.00%, 09/18/27(d) |
EUR | 100 | 98,116 | |||||||||
Midcontinent Communications/Midcontinent Finance Corp., 5.38%, 08/15/27(b) |
USD | 108 | 99,900 | |||||||||
Network i2i Ltd., (5-year CMT + 4.27%), |
400 | 387,572 | ||||||||||
Nexstar Media, Inc., 5.63%, 07/15/27(b) |
33 | 29,367 | ||||||||||
Outfront Media Capital LLC/Outfront Media Capital
Corp.(b) |
203 | 178,860 | ||||||||||
4.25%, 01/15/29(e) |
291 | 230,914 | ||||||||||
4.63%, 03/15/30 |
18 | 14,150 | ||||||||||
Radiate Holdco LLC/Radiate Finance, Inc.(b) |
177 | 134,461 | ||||||||||
6.50%, 09/15/28 |
640 | 336,000 | ||||||||||
Sable International Finance Ltd., 5.75%, 09/07/27(b) |
200 | 180,750 | ||||||||||
Sinclair Television Group, Inc., 4.13%, 12/01/30(b)(e) |
221 | 137,035 | ||||||||||
Sirius XM Radio, Inc., 5.00%, 08/01/27(b) |
403 | 368,100 | ||||||||||
Stagwell Global LLC, 5.63%, 08/15/29(b) |
69 | 55,717 | ||||||||||
Summer BidCo BV, (9.00% Cash or 9.75% PIK), 9.00%, 11/15/25(d)(g) |
EUR | 119 | 120,524 |
Security | Par (000) |
Value | ||||||||||
Media (continued) | ||||||||||||
TCI Communications, Inc., 7.88%, 02/15/26 |
USD | 610 | $ | 638,952 | ||||||||
TEGNA, Inc., 4.75%, 03/15/26(b) |
32 | 30,320 | ||||||||||
Univision Communications, Inc.(b) |
36 | 35,088 | ||||||||||
6.63%, 06/01/27 |
37 | 34,459 | ||||||||||
8.00%, 08/15/28(e) |
233 | 225,893 | ||||||||||
7.38%, 06/30/30(e) |
120 | 109,668 | ||||||||||
UPC Broadband Finco BV, 4.88%, 07/15/31(b) |
303 | 245,878 | ||||||||||
VZ Secured Financing BV, 3.50%, 01/15/32(d) |
EUR | 100 | 81,125 | |||||||||
Walt Disney Co. |
USD | 385 | 424,325 | |||||||||
5.40%, 10/01/43 |
500 | 466,339 | ||||||||||
Ziggo Bond Co. BV, 6.00%, 01/15/27(b) |
150 | 137,324 | ||||||||||
Ziggo BV, 4.88%, 01/15/30(b) |
200 | 162,931 | ||||||||||
|
|
|||||||||||
24,225,724 | ||||||||||||
Metals & Mining 1.0% | ||||||||||||
ABJA Investment Co. Pte. Ltd.(d) |
250 | 248,625 | ||||||||||
5.45%, 01/24/28 |
200 | 195,112 | ||||||||||
Arsenal AIC Parent LLC, 8.00%, 10/01/30(b) |
94 | 93,532 | ||||||||||
ATI, Inc. |
121 | 114,648 | ||||||||||
7.25%, 08/15/30 |
329 | 326,532 | ||||||||||
5.13%, 10/01/31 |
110 | 95,189 | ||||||||||
Big River Steel LLC/BRS Finance Corp., |
761 | 751,898 | ||||||||||
Carpenter Technology Corp. |
180 | 173,604 | ||||||||||
7.63%, 03/15/30 |
151 | 151,189 | ||||||||||
Constellium SE |
EUR | 100 | 103,098 | |||||||||
3.75%, 04/15/29(b)(e) |
USD | 591 | 495,209 | |||||||||
First Quantum Minerals Ltd., 8.63%, 06/01/31(b) |
222 | 220,890 | ||||||||||
JSW Steel Ltd., 5.95%, 04/18/24(d) |
200 | 198,100 | ||||||||||
Kaiser Aluminum Corp.(b) |
98 | 85,573 | ||||||||||
4.50%, 06/01/31 |
304 | 240,807 | ||||||||||
New Gold, Inc., 7.50%, 07/15/27(b) |
218 | 203,499 | ||||||||||
Novelis Corp.(b) |
542 | 484,058 | ||||||||||
4.75%, 01/30/30(e) |
296 | 256,173 | ||||||||||
3.88%, 08/15/31 |
200 | 159,717 | ||||||||||
Novelis Sheet Ingot GmbH, 3.38%, 04/15/29(d) |
EUR | 100 | 91,164 | |||||||||
Rio Tinto Finance USA PLC, 4.75%, 03/22/42 |
USD | 400 | 352,613 | |||||||||
Vedanta Resources Finance II PLC, 13.88%, 01/21/24(d) |
200 | 178,786 | ||||||||||
|
|
|||||||||||
5,220,016 | ||||||||||||
Multi-Utilities 0.3% | ||||||||||||
AmeriGas Partners LP/AmeriGas Finance Corp., 9.38%, 06/01/28(b) |
193 | 195,654 | ||||||||||
KeySpan Gas East Corp., 5.82%, 04/01/41(b) |
1,010 | 906,389 | ||||||||||
NiSource, Inc., 1.70%, 02/15/31 |
400 | 299,138 | ||||||||||
|
|
|||||||||||
1,401,181 | ||||||||||||
Offshore Drilling & Other Services 0.2% | ||||||||||||
Entegris Escrow Corp., 4.75%, 04/15/29(b) |
786 | 706,620 |
13 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) (Percentages shown are based on Net Assets) |
Security | Par (000) |
Value | ||||||||||
Offshore Drilling & Other Services (continued) | ||||||||||||
Entegris, Inc., 4.38%, 04/15/28(b) |
USD | 201 | $ | 178,905 | ||||||||
KLA Corp., 3.30%, 03/01/50 |
500 | 332,273 | ||||||||||
|
|
|||||||||||
1,217,798 | ||||||||||||
Oil, Gas & Consumable Fuels 7.3% | ||||||||||||
Aethon United BR LP/Aethon United Finance Corp., 8.25%, 02/15/26(b) |
431 | 427,599 | ||||||||||
Antero Midstream Partners LP/Antero Midstream Finance
Corp.(b) |
148 | 141,259 | ||||||||||
5.75%, 01/15/28 |
39 | 36,786 | ||||||||||
5.38%, 06/15/29 |
140 | 128,182 | ||||||||||
Antero Resources Corp., 7.63%, 02/01/29(b) |
83 | 84,117 | ||||||||||
Apache Corp., 5.35%, 07/01/49 |
84 | 64,354 | ||||||||||
Arcosa, Inc., 4.38%, 04/15/29(b) |
117 | 102,106 | ||||||||||
Ascent Resources Utica Holdings LLC/ARU Finance Corp.(b) |
||||||||||||
Series B, 9.00%, 11/01/27 |
367 | 462,420 | ||||||||||
Series B, 8.25%, 12/31/28 |
593 | 586,829 | ||||||||||
Series B, 5.88%, 06/30/29 |
44 | 39,565 | ||||||||||
Baytex Energy Corp., 8.50%, 04/30/30(b) |
94 | 95,112 | ||||||||||
Buckeye Partners LP |
94 | 68,620 | ||||||||||
5.60%, 10/15/44 |
59 | 41,980 | ||||||||||
Burlington Resources LLC, 5.95%, 10/15/36 |
685 | 692,468 | ||||||||||
Callon Petroleum Co. |
111 | 108,937 | ||||||||||
8.00%, 08/01/28(b)(e) |
355 | 355,507 | ||||||||||
7.50%, 06/15/30(b)(e) |
367 | 355,835 | ||||||||||
Cellnex Finance Co. SA, 1.25%, 01/15/29(d) |
EUR | 100 | 88,194 | |||||||||
Chesapeake Energy Corp.(b) |
USD | 28 | 26,347 | |||||||||
6.75%, 04/15/29(e) |
290 | 283,795 | ||||||||||
CITGO Petroleum Corp., 8.38%, 01/15/29(b) |
322 | 321,582 | ||||||||||
Civitas Resources, Inc.(b) |
523 | 532,152 | ||||||||||
8.75%, 07/01/31 |
432 | 441,275 | ||||||||||
CNX Midstream Partners LP, 4.75%, 04/15/30(b) |
66 | 54,938 | ||||||||||
CNX Resources Corp., 7.38%, 01/15/31(b) |
70 | 68,625 | ||||||||||
Comstock Resources, Inc.(b) |
387 | 355,998 | ||||||||||
5.88%, 01/15/30 |
290 | 251,033 | ||||||||||
ConocoPhillips, 6.50%, 02/01/39 |
600 | 642,478 | ||||||||||
CQP Holdco LP/BIP-V Chinook Holdco LLC, 5.50%, 06/15/31(b) |
500 | 443,174 | ||||||||||
Crescent Energy Finance LLC(b) |
496 | 486,080 | ||||||||||
9.25%, 02/15/28 |
311 | 317,515 | ||||||||||
Crestwood Midstream Partners LP/Crestwood |
||||||||||||
Midstream Finance Corp.(b) |
34 | 32,587 | ||||||||||
6.00%, 02/01/29 |
314 | 303,104 | ||||||||||
8.00%, 04/01/29 |
29 | 29,746 | ||||||||||
7.38%, 02/01/31 |
69 | 70,273 | ||||||||||
CrownRock LP/CrownRock Finance, Inc.(b) |
597 | 587,418 | ||||||||||
5.00%, 05/01/29 |
43 | 40,289 | ||||||||||
Devon Energy Corp. |
1,000 | 994,914 | ||||||||||
4.75%, 05/15/42 |
300 | 238,343 |
Security | Par (000) |
Value | ||||||||||
Oil, Gas & Consumable Fuels (continued) | ||||||||||||
Diamond Foreign Asset Co./Diamond Finance LLC, 8.50%, 10/01/30 |
USD | 140 | $ | 140,020 | ||||||||
DT Midstream, Inc., 4.38%, 06/15/31(b)(e) |
209 | 175,751 | ||||||||||
Earthstone Energy Holdings LLC(b)(e) |
189 | 193,445 | ||||||||||
9.88%, 07/15/31 |
209 | 227,282 | ||||||||||
Ecopetrol SA, 8.88%, 01/13/33 |
175 | 170,489 | ||||||||||
eG Global Finance PLC(b) |
222 | 218,115 | ||||||||||
8.50%, 10/30/25 |
200 | 196,835 | ||||||||||
Enbridge, Inc. |
||||||||||||
(3-mo. CME Term SOFR + 3.90%), 6.25%, 03/01/78(a) |
1,935 | 1,726,739 | ||||||||||
(5-year CMT + 4.43%), 8.50%, 01/15/84 |
123 | 121,988 | ||||||||||
Series 20-A, (5-year CMT + 5.31%), 5.75%, 07/15/80(a) |
950 | 826,938 | ||||||||||
Energean Israel Finance Ltd., 8.50%, 09/30/33 |
108 | 107,865 | ||||||||||
Energy Transfer LP |
540 | 438,628 | ||||||||||
Series H, (5-year CMT + 5.69%), 6.50%(a)(f) |
307 | 282,087 | ||||||||||
EnLink Midstream LLC |
92 | 86,985 | ||||||||||
5.38%, 06/01/29 |
264 | 244,200 | ||||||||||
6.50%, 09/01/30(b) |
142 | 137,745 | ||||||||||
EnLink Midstream Partners LP |
4 | 3,818 | ||||||||||
5.60%, 04/01/44 |
141 | 117,030 | ||||||||||
Enterprise Products Operating LLC, 6.13%, 10/15/39 |
1,400 | 1,398,208 | ||||||||||
EOG Resources, Inc., 5.10%, 01/15/36 |
200 | 179,658 | ||||||||||
EQM Midstream Partners LP |
89 | 87,618 | ||||||||||
4.13%, 12/01/26 |
68 | 62,944 | ||||||||||
6.50%, 07/01/27(b) |
245 | 239,237 | ||||||||||
4.50%, 01/15/29(b) |
13 | 11,569 | ||||||||||
7.50%, 06/01/30(b) |
57 | 57,242 | ||||||||||
Genesis Energy LP/Genesis Energy Finance Corp. |
72 | 70,763 | ||||||||||
7.75%, 02/01/28 |
107 | 101,433 | ||||||||||
8.88%, 04/15/30 |
109 | 106,426 | ||||||||||
Gulfport Energy Corp., 8.00%, 05/17/26(b) |
25 | 25,031 | ||||||||||
Harvest Midstream I LP, 7.50%, 09/01/28(b) |
40 | 38,665 | ||||||||||
Hess Corp., 4.30%, 04/01/27 |
1,100 | 1,044,865 | ||||||||||
Hilcorp Energy I LP/Hilcorp Finance Co.(b) |
70 | 65,640 | ||||||||||
5.75%, 02/01/29 |
127 | 114,680 | ||||||||||
6.00%, 04/15/30 |
12 | 10,820 | ||||||||||
Howard Midstream Energy Partners LLC, 8.88%, 07/15/28(b) |
179 | 180,566 | ||||||||||
HPCL-Mittal Energy Ltd., 5.45%, 10/22/26(d) |
200 | 191,360 | ||||||||||
HTA Group Ltd., 7.00%, 12/18/25(b) |
200 | 192,406 | ||||||||||
Impulsora Pipeline LLC, 6.05%, 01/01/43(a) |
1,592 | 1,286,552 | ||||||||||
ITT Holdings LLC, 6.50%, 08/01/29(b)(e) |
232 | 196,649 | ||||||||||
Kinder Morgan, Inc., 5.05%, 02/15/46(e) |
1,400 | 1,119,734 | ||||||||||
Kinetik Holdings LP, 5.88%, 06/15/30(b)(e) |
202 | 189,375 | ||||||||||
Leviathan Bond Ltd., 6.75%, 06/30/30(b) |
88 | 80,922 | ||||||||||
Magnolia Oil & Gas Operating LLC/Magnolia Oil & Gas |
||||||||||||
Finance Corp., 6.00%, 08/01/26(b) |
22 | 21,233 | ||||||||||
Marathon Petroleum Corp., 6.50%, 03/01/41(e) |
1,150 | 1,137,588 | ||||||||||
Matador Resources Co.(e) |
179 | 172,758 |
S C H E D U L E O F I N V E S T M E N T S | 14 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) (Percentages shown are based on Net Assets) |
Security | Par (000) |
Value | ||||||||||
Oil, Gas & Consumable Fuels (continued) | ||||||||||||
Matador Resources Co.(e) (continued) |
USD | 167 | $ | 163,968 | ||||||||
Medco Oak Tree Pte. Ltd., 7.38%, 05/14/26(d) |
288 | 285,457 | ||||||||||
MPLX LP |
250 | 234,829 | ||||||||||
4.80%, 02/15/29 |
500 | 474,381 | ||||||||||
Murphy Oil Corp. |
9 | 8,989 | ||||||||||
5.88%, 12/01/42 |
18 | 14,552 | ||||||||||
Murphy Oil USA, Inc., 4.75%, 09/15/29 |
28 | 25,245 | ||||||||||
Nabors Industries Ltd.(b) |
140 | 135,275 | ||||||||||
7.50%, 01/15/28 |
177 | 163,634 | ||||||||||
Nabors Industries, Inc. |
522 | 510,907 | ||||||||||
7.38%, 05/15/27(b) |
25 | 24,184 | ||||||||||
New Fortress Energy, Inc.(b) |
215 | 205,240 | ||||||||||
6.50%, 09/30/26 |
477 | 439,189 | ||||||||||
NGL Energy Operating LLC/NGL Energy Finance Corp., 7.50%, 02/01/26(b)(e) |
151 | 149,345 | ||||||||||
Noble Finance II LLC, 8.00%, 04/15/30(b) |
209 | 211,733 | ||||||||||
Northern Oil and Gas, Inc.(b) |
513 | 512,384 | ||||||||||
8.75%, 06/15/31 |
218 | 219,635 | ||||||||||
NuStar Logistics LP |
99 | 96,052 | ||||||||||
6.38%, 10/01/30 |
17 | 16,103 | ||||||||||
Occidental Petroleum Corp., 6.20%, 03/15/40(e) |
171 | 162,998 | ||||||||||
PBF Holding Co. LLC/PBF Finance Corp., 7.88%, 09/15/30(b) |
85 | 84,658 | ||||||||||
PDC Energy, Inc., 5.75%, 05/15/26 |
38 | 37,869 | ||||||||||
Permian Resources Operating LLC(b) |
32 | 30,636 | ||||||||||
7.75%, 02/15/26 |
380 | 382,460 | ||||||||||
6.88%, 04/01/27 |
116 | 114,344 | ||||||||||
5.88%, 07/01/29 |
449 | 422,368 | ||||||||||
Petroleos Mexicanos |
55 | 52,362 | ||||||||||
6.50%, 03/13/27(e) |
142 | 124,522 | ||||||||||
8.75%, 06/02/29 |
204 | 180,089 | ||||||||||
5.95%, 01/28/31(e) |
245 | 174,440 | ||||||||||
6.70%, 02/16/32 |
117 | 86,639 | ||||||||||
6.38%, 01/23/45 |
48 | 27,725 | ||||||||||
Precision Drilling Corp., 6.88%, 01/15/29(b) |
9 | 8,525 | ||||||||||
Rockcliff Energy II LLC, 5.50%, 10/15/29(b) |
73 | 65,698 | ||||||||||
Rockies Express Pipeline LLC, 4.95%, 07/15/29(b) |
36 | 32,065 | ||||||||||
Sabine Pass Liquefaction LLC, 5.88%, 06/30/26 |
1,750 | 1,746,932 | ||||||||||
Sitio Royalties Operating Partnership LP/Sitio Finance Corp., 7.88%, 11/01/28(h) |
216 | 216,540 | ||||||||||
SM Energy Co. |
111 | 108,636 | ||||||||||
6.75%, 09/15/26 |
116 | 113,868 | ||||||||||
6.63%, 01/15/27 |
14 | 13,720 | ||||||||||
6.50%, 07/15/28 |
103 | 98,880 | ||||||||||
Southwestern Energy Co., 5.38%, 02/01/29(e) |
107 | 98,546 | ||||||||||
Suncor Energy, Inc., 6.50%, 06/15/38 |
1,000 | 996,472 | ||||||||||
Sunoco LP/Sunoco Finance Corp. |
4 | 3,837 |
Security | Par (000) |
Value | ||||||||||
Oil, Gas & Consumable Fuels (continued) | ||||||||||||
Sunoco LP/Sunoco Finance Corp. (continued) 7.00%, 09/15/28 |
USD | 122 | $ | 120,383 | ||||||||
Tallgrass Energy Partners LP/Tallgrass Energy Finance
Corp.(b) |
9 | 8,975 | ||||||||||
6.00%, 03/01/27 |
29 | 27,256 | ||||||||||
5.50%, 01/15/28 |
56 | 50,960 | ||||||||||
6.00%, 12/31/30 |
20 | 17,654 | ||||||||||
6.00%, 09/01/31 |
88 | 76,708 | ||||||||||
TransCanada PipeLines Ltd., 4.63%, 03/01/34 |
500 | 435,546 | ||||||||||
Transocean Aquila Ltd., 8.00%, 09/30/28(b)(h) |
82 | 82,000 | ||||||||||
Transocean Titan Financing Ltd., 8.38%, 02/01/28(b) |
125 | 127,188 | ||||||||||
Transocean, Inc.(b) |
352 | 344,017 | ||||||||||
11.50%, 01/30/27 |
358 | 375,453 | ||||||||||
8.00%, 02/01/27 |
161 | 154,963 | ||||||||||
8.75%, 02/15/30 |
655 | 669,277 | ||||||||||
Valaris Ltd., 8.38%, 04/30/30(b) |
498 | 498,374 | ||||||||||
Venture Global Calcasieu Pass LLC(b) |
200 | 168,296 | ||||||||||
4.13%, 08/15/31 |
228 | 187,102 | ||||||||||
3.88%, 11/01/33(e) |
551 | 427,810 | ||||||||||
Venture Global LNG, Inc.(b) |
890 | 881,227 | ||||||||||
8.38%, 06/01/31 |
1,268 | 1,246,523 | ||||||||||
Vermilion Energy, Inc., 6.88%, 05/01/30(b) |
108 | 102,189 | ||||||||||
Vital Energy, Inc. |
143 | 145,754 | ||||||||||
9.75%, 10/15/30 |
143 | 146,186 | ||||||||||
Western Midstream Operating LP |
137 | 110,436 | ||||||||||
5.30%, 03/01/48 |
75 | 58,541 | ||||||||||
5.50%, 08/15/48 |
69 | 54,863 | ||||||||||
5.25%, 02/01/50 |
304 | 236,826 | ||||||||||
|
|
|||||||||||
40,231,876 | ||||||||||||
Passenger Airlines 1.0% | ||||||||||||
Air Canada, 3.88%, 08/15/26(b) |
83 | 75,327 | ||||||||||
Allegiant Travel Co., 7.25%, 08/15/27(b) |
51 | 48,004 | ||||||||||
American Airlines Pass-Through Trust |
||||||||||||
Series 2015-2, Class A, 4.00%, 03/22/29 |
967 | 872,964 | ||||||||||
Series 2015-2, Class AA, 3.60%, 03/22/29 |
967 | 890,855 | ||||||||||
American Airlines, Inc.(b) |
27 | 29,025 | ||||||||||
7.25%, 02/15/28 |
47 | 44,937 | ||||||||||
American Airlines, Inc./AAdvantage Loyalty IP
Ltd.(b) |
195 | 190,265 | ||||||||||
5.75%, 04/20/29(e) |
411 | 382,638 | ||||||||||
Deutsche Lufthansa AG, 2.88%, 05/16/27(d) |
EUR | 100 | 96,078 | |||||||||
Hawaiian Brand Intellectual Property Ltd./HawaiianMiles Loyalty Ltd., 5.75%, 01/20/26(b) |
USD | 37 | 33,294 | |||||||||
Mileage Plus Holdings LLC/Mileage Plus Intellectual Property Assets Ltd., 6.50%, 06/20/27(b) |
420 | 415,980 | ||||||||||
United Airlines Pass-Through Trust, Class A, 4.30%, 02/15/27 |
2,213 | 2,117,370 | ||||||||||
United Airlines, Inc.(b) |
113 | 104,501 |
15 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) (Percentages shown are based on Net Assets) |
Security | Par (000) |
Value | ||||||||||
Passenger Airlines (continued) | ||||||||||||
United Airlines, Inc.(b) (continued) |
USD | 235 | $ | 201,990 | ||||||||
VistaJet Malta Finance PLC/Vista Management Holding, Inc., 7.88%, 05/01/27(b) |
85 | 73,206 | ||||||||||
|
|
|||||||||||
5,576,434 | ||||||||||||
Personal Care Products 0.0% | ||||||||||||
Coty, Inc./HFC Prestige Products, Inc./HFC Prestige International U.S. LLC, Series 2020, 6.63%, 07/15/30(b) |
176 | 171,836 | ||||||||||
|
|
|||||||||||
Pharmaceuticals 1.5% | ||||||||||||
AbbVie, Inc. |
||||||||||||
3.20%, 05/14/26 |
500 | 472,290 | ||||||||||
4.55%, 03/15/35(e) |
2,140 | 1,946,516 | ||||||||||
4.45%, 05/14/46 |
2,095 | 1,711,503 | ||||||||||
Bristol-Myers Squibb Co. |
||||||||||||
3.55%, 03/15/42 |
350 | 262,739 | ||||||||||
4.35%, 11/15/47 |
300 | 242,961 | ||||||||||
Cheplapharm Arzneimittel GmbH, 3.50%, 02/11/27(d) |
EUR | 100 | 96,210 | |||||||||
CVS Health Corp. |
||||||||||||
5.13%, 07/20/45 |
USD | 700 | 589,053 | |||||||||
5.05%, 03/25/48 |
1,821 | 1,512,969 | ||||||||||
Gruenenthal GmbH, 4.13%, 05/15/28(d) |
EUR | 100 | 97,537 | |||||||||
Jazz Securities DAC, 4.38%, 01/15/29(b) |
USD | 200 | 174,377 | |||||||||
Option Care Health, Inc., 4.38%, 10/31/29(b) |
76 | 65,645 | ||||||||||
Takeda Pharmaceutical Co. Ltd., 2.05%, 03/31/30 |
500 | 402,068 | ||||||||||
Teva Pharmaceutical Finance Netherlands II BV, 7.38%, 09/15/29 |
EUR | 100 | 107,465 | |||||||||
Teva Pharmaceutical Finance Netherlands III BV |
||||||||||||
3.15%, 10/01/26 |
USD | 299 | 265,866 | |||||||||
4.75%, 05/09/27 |
200 | 183,102 | ||||||||||
7.88%, 09/15/29 |
200 | 202,468 | ||||||||||
|
|
|||||||||||
8,332,769 | ||||||||||||
Real Estate Management & Development 0.3% | ||||||||||||
Agps Bondco PLC, 5.50%, 11/13/26(d)(k)(l) |
EUR | 100 | 41,878 | |||||||||
Anywhere Real Estate Group LLC / Anywhere Co-Issuer Corp., 7.00%, 04/15/30(b) |
USD | 150 | 135,109 | |||||||||
Anywhere Real Estate Group LLC/Anywhere Co.-Issuer Corp., Series AI, 7.00%, 04/15/30 |
170 | 153,064 | ||||||||||
Cushman & Wakefield U.S. Borrower LLC, 8.88%, 09/01/31 |
94 | 90,945 | ||||||||||
Fantasia Holdings Group Co. Ltd.(k)(l) |
||||||||||||
11.75%, 04/17/22(d) |
200 | 8,000 | ||||||||||
10.88%, 01/09/23 |
307 | 12,280 | ||||||||||
11.88%, 06/01/23(d) |
400 | 16,000 | ||||||||||
9.25%, 07/28/23 |
300 | 12,000 | ||||||||||
Global Prime Capital Pte. Ltd., 5.95%, 01/23/25(d) |
200 | 194,080 | ||||||||||
i-595 Express LLC, 3.31%, 12/31/31(a) |
687 | 621,372 | ||||||||||
Theta Capital Pte. Ltd., 8.13%, 01/22/25(d) |
200 | 154,966 | ||||||||||
|
|
|||||||||||
1,439,694 | ||||||||||||
Semiconductors & Semiconductor Equipment 1.1% | ||||||||||||
Broadcom, Inc. |
||||||||||||
4.75%, 04/15/29 |
2,500 | 2,357,416 | ||||||||||
4.15%, 04/15/32(b)(e) |
1,500 | 1,301,721 | ||||||||||
Intel Corp. |
||||||||||||
5.13%, 02/10/30 |
750 | 735,959 | ||||||||||
2.00%, 08/12/31(e) |
1,000 | 783,160 |
Security | Par (000) |
Value | ||||||||||
Semiconductors & Semiconductor Equipment (continued) | ||||||||||||
NCR Atleos Escrow Corp., 9.50%, 04/01/29 |
USD | 143 | $ | 138,310 | ||||||||
QUALCOMM, Inc., 4.65%, 05/20/35 |
250 | 234,283 | ||||||||||
Sensata Technologies BV, 5.88%, 09/01/30(b) |
200 | 186,325 | ||||||||||
|
|
|||||||||||
5,737,174 | ||||||||||||
Software 2.1% | ||||||||||||
ACI Worldwide, Inc., 5.75%, 08/15/26(b) |
262 | 254,001 | ||||||||||
Alteryx, Inc., 8.75%, 03/15/28(b)(e) |
174 | 173,223 | ||||||||||
Boxer Parent Co., Inc. |
||||||||||||
6.50%, 10/02/25(d) |
EUR | 100 | 104,747 | |||||||||
7.13%, 10/02/25(b) |
USD | 81 | 80,595 | |||||||||
9.13%, 03/01/26(b) |
948 | 945,346 | ||||||||||
Capstone Borrower, Inc., 8.00%, 06/15/30(b) |
205 | 200,131 | ||||||||||
Central Parent, Inc./CDK Global, Inc., 7.25%, 06/15/29(b)(e) |
497 | 481,848 | ||||||||||
Cloud Software Group, Inc.(b) |
||||||||||||
6.50%, 03/31/29 |
2,054 | 1,816,415 | ||||||||||
9.00%, 09/30/29 |
989 | 859,442 | ||||||||||
Consensus Cloud Solutions, Inc.(b) |
||||||||||||
6.00%, 10/15/26 |
48 | 44,181 | ||||||||||
6.50%, 10/15/28 |
45 | 38,351 | ||||||||||
Crowdstrike Holdings, Inc., 3.00%, 02/15/29 |
30 | 25,268 | ||||||||||
Elastic NV, 4.13%, 07/15/29(b) |
129 | 109,864 | ||||||||||
Iron Mountain Information Management Services, Inc., 5.00%, 07/15/32(b) |
85 | 69,864 | ||||||||||
Microsoft Corp., 2.92%, 03/17/52(e) |
1,600 | 1,049,454 | ||||||||||
MicroStrategy, Inc., 6.13%, 06/15/28(b)(e) |
305 | 270,883 | ||||||||||
Open Text Corp., 6.90%, 12/01/27(b) |
333 | 333,758 | ||||||||||
Oracle Corp. |
||||||||||||
5.38%, 07/15/40(e) |
3,025 | 2,683,241 | ||||||||||
4.00%, 11/15/47 |
400 | 281,119 | ||||||||||
3.95%, 03/25/51 |
600 | 411,327 | ||||||||||
Playtika Holding Corp., 4.25%, 03/15/29(b) |
54 | 45,090 | ||||||||||
Sabre GLBL, Inc., 8.63%, 06/01/27(e) |
328 | 278,081 | ||||||||||
SS&C Technologies, Inc., 5.50%, 09/30/27(b) |
584 | 551,086 | ||||||||||
Veritas U.S., Inc./Veritas Bermuda Ltd., 7.50%, 09/01/25(b) |
189 | 157,912 | ||||||||||
|
|
|||||||||||
11,265,227 | ||||||||||||
Specialized REITs 0.1% | ||||||||||||
Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC, 10.50%, 02/15/28(b) |
521 | 510,295 | ||||||||||
|
|
|||||||||||
Specialty Retail(b) 0.1% | ||||||||||||
PetSmart, Inc./PetSmart Finance Corp., 7.75%, 02/15/29(e) |
493 | 459,421 | ||||||||||
Staples, Inc., 7.50%, 04/15/26 |
86 | 70,722 | ||||||||||
|
|
|||||||||||
530,143 | ||||||||||||
Technology Hardware, Storage & Peripherals 0.6% | ||||||||||||
Apple, Inc.(e) |
||||||||||||
4.65%, 02/23/46 |
2,400 | 2,138,482 | ||||||||||
3.75%, 11/13/47 |
1,000 | 775,433 | ||||||||||
Seagate HDD Cayman(b) |
||||||||||||
8.25%, 12/15/29 |
243 | 249,561 | ||||||||||
8.50%, 07/15/31 |
307 | 314,916 | ||||||||||
|
|
|||||||||||
3,478,392 |
S C H E D U L E O F I N V E S T M E N T S | 16 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) (Percentages shown are based on Net Assets) |
Security | Par (000) |
Value | ||||||||||
Textiles, Apparel & Luxury Goods(b) 0.0% | ||||||||||||
Hanesbrands, Inc. |
USD | 121 | $ | 110,928 | ||||||||
9.00%, 02/15/31 |
84 | 80,064 | ||||||||||
Levi Strauss & Co., 3.50%, 03/01/31 |
11 | 8,699 | ||||||||||
|
|
|||||||||||
199,691 | ||||||||||||
Tobacco 0.8% | ||||||||||||
Altria Group, Inc. 2.45%, 02/04/32 |
200 | 150,875 | ||||||||||
5.38%, 01/31/44 |
2,000 | 1,792,726 | ||||||||||
Reynolds American, Inc. |
394 | 382,945 | ||||||||||
7.00%, 08/04/41 |
1,000 | 935,936 | ||||||||||
5.85%, 08/15/45 |
1,500 | 1,242,494 | ||||||||||
|
|
|||||||||||
4,504,976 | ||||||||||||
Transportation Infrastructure 0.4% | ||||||||||||
Aeropuertos Dominicanos Siglo XXI SA, Series E, 6.75%, 03/30/29(b) |
200 | 193,600 | ||||||||||
Azzurra Aeroporti SpA, 2.63%, 05/30/27(d) |
EUR | 100 | 94,910 | |||||||||
FedEx Corp., 4.75%, 11/15/45(e) |
USD | 1,250 | 1,020,646 | |||||||||
GMR Hyderabad International Airport Ltd., 4.25%, 10/27/27(d) |
200 | 177,902 | ||||||||||
Transurban Finance Co. Pty. Ltd., 4.13%, 02/02/26(b) |
580 | 556,261 | ||||||||||
|
|
|||||||||||
2,043,319 | ||||||||||||
Utilities(b) 0.1% | ||||||||||||
Vistra Operations Co. LLC |
204 | 200,949 | ||||||||||
6.95%, 10/15/33 |
145 | 142,221 | ||||||||||
|
|
|||||||||||
343,170 | ||||||||||||
Water Utilities 0.2% | ||||||||||||
American Water Capital Corp., 4.45%, 06/01/32 |
1,350 | 1,247,513 | ||||||||||
|
|
|||||||||||
Wireless Telecommunication Services 1.0% | ||||||||||||
Altice France SA, 2.13%, 02/15/25(d) |
EUR | 100 | 99,382 | |||||||||
Altice France SA/France, 5.50%, 10/15/29(b) |
USD | 400 | 287,646 | |||||||||
Crown Castle, Inc., 3.10%, 11/15/29 |
750 | 638,009 | ||||||||||
Kenbourne Invest SA, 6.88%, 11/26/24(b) |
210 | 174,930 | ||||||||||
Millicom International Cellular SA, 4.50%, 04/27/31(b) |
200 | 142,500 | ||||||||||
Rogers Communications, Inc., 7.50%, 08/15/38 |
2,325 | 2,416,225 | ||||||||||
SBA Communications Corp., 3.13%, 02/01/29(e) |
321 | 267,737 | ||||||||||
T-Mobile U.S., Inc. |
500 | 397,855 | ||||||||||
4.50%, 04/15/50(e) |
500 | 383,415 | ||||||||||
VICI Properties LP/VICI Note Co., Inc., 4.63%, 12/01/29(b) |
239 | 212,005 | ||||||||||
Vmed O2 U.K. Financing I PLC, 4.50%, 07/15/31(d) |
GBP | 100 | 95,324 | |||||||||
Vodafone Group PLC |
USD | 700 | 507,506 | |||||||||
(5-year EUR Swap + 3.49%), 6.50%, 08/30/84(a)(d) |
EUR | 100 | 106,506 | |||||||||
|
|
|||||||||||
5,729,040 | ||||||||||||
|
|
|||||||||||
Total Corporate Bonds 67.9% | ||||||||||||
(Cost: $406,691,097) |
371,900,170 | |||||||||||
|
|
|||||||||||
Floating Rate Loan Interests(a) | ||||||||||||
Aerospace & Defense 0.2% | ||||||||||||
Bleriot U.S. Bidco, Inc., 2023 Term Loan B, (3-mo. CME Term SOFR + 4.00%), 9.65%, 10/31/28 |
USD | 41 | 40,896 |
Security | Par (000) |
Value | ||||||||||
Aerospace & Defense (continued) | ||||||||||||
Dynasty Acquisition Co., Inc., 2023 Term Loan B1, (1-mo. CME Term SOFR + 4.00%), 9.32%, 08/24/28 |
USD | 126 | $ | 125,304 | ||||||||
Peraton Corp. |
||||||||||||
2nd Lien Term Loan B1, (3-mo. CME Term SOFR at 0.75% Floor + 7.75%), 13.23%, 02/01/29 |
303 | 295,948 | ||||||||||
Term Loan B, (1-mo. CME Term SOFR at 0.75% Floor + 3.75%), 9.17%, 02/01/28 |
415 | 414,119 | ||||||||||
Standard Aero Ltd., 2023 Term Loan B2, (1-mo. CME Term SOFR + 4.00%), 9.32%, 08/24/28 |
54 | 53,701 | ||||||||||
|
|
|||||||||||
929,968 | ||||||||||||
Air Freight & Logistics 0.0% | ||||||||||||
Clue Opco LLC, Term Loan B, 09/20/30(m) |
130 | 126,642 | ||||||||||
|
|
|||||||||||
Automobile Components 0.0% | ||||||||||||
Tenneco, Inc., 2022 Term Loan B, (3-mo. CME Term SOFR + 5.00%), 10.48%, 11/17/28 |
113 | 95,683 | ||||||||||
|
|
|||||||||||
Beverages 0.0% | ||||||||||||
Naked Juice LLC |
||||||||||||
2nd Lien Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 6.00%), 11.49%, 01/24/30 |
20 | 16,144 | ||||||||||
Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 3.25%), 8.74%, 01/24/29 |
17 | 16,069 | ||||||||||
|
|
|||||||||||
32,213 | ||||||||||||
Broadline Retail 0.0% | ||||||||||||
PUG LLC, USD Term Loan, (1-mo. CME Term SOFR + 3.50%), 8.93%, 02/12/27 |
108 | 102,120 | ||||||||||
|
|
|||||||||||
Capital Markets 0.0% | ||||||||||||
Ascensus Holdings, Inc., 2021 2nd Lien Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 6.50%), 12.03%, 08/02/29 |
122 | 115,306 | ||||||||||
|
|
|||||||||||
Chemicals 0.2% | ||||||||||||
Arc Falcon I, Inc., 2021 Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 3.75%), 9.17%, 09/30/28 |
125 | 123,452 | ||||||||||
Aruba Investments Holdings LLC, 2020 2nd Lien Term Loan, (1-mo. CME Term SOFR at 0.75% Floor + 7.75%), 13.17%, 11/24/28 |
65 | 59,892 | ||||||||||
Ascend Performance Materials Operations LLC, 2021 Term Loan B, (3-mo. CME Term SOFR at 0.75% Floor + 4.75%), 10.32%, 08/27/26 |
9 | 8,822 | ||||||||||
Discovery Purchaser Corp., Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 4.38%), 9.77%, 10/04/29 |
359 | 345,661 | ||||||||||
Herens U.S. Holdco Corp., USD Term Loan B, (3-mo. CME Term SOFR + 3.93%), 9.42%, 07/03/28 |
92 | 81,505 | ||||||||||
Momentive Performance Materials Inc., 2023 Term Loan, (1-mo. CME Term SOFR + 4.50%), 9.82%, 03/29/28 |
148 | 143,930 | ||||||||||
Nouryon USA LLC, 2023 USD Term Loan B, (1-mo. CME Term SOFR + 4.00%), 9.43%, 04/03/28 |
160 | 157,338 | ||||||||||
Olympus Water U.S. Holding Corp., 2023 Incremental Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 5.00%), 10.39%, 11/09/28 |
15 | 15,237 | ||||||||||
|
|
|||||||||||
935,837 | ||||||||||||
Commercial Services & Supplies 0.1% | ||||||||||||
Amentum Government Services Holdings LLC, Term Loan B, (1-mo. CME Term SOFR + 4.00%), 9.43%, 01/29/27 |
41 | 40,246 |
17 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) (Percentages shown are based on Net Assets) |
Security | Par (000) |
Value | ||||||||||
Commercial Services & Supplies (continued) | ||||||||||||
KDC/ONE Development Corp., Inc., 2023 USD Term Loan B, (1-mo. CME Term SOFR + 5.00%), 10.32%, 08/15/28 |
USD | 120 | $ | 115,560 | ||||||||
PECF USS Intermediate Holding III Corp., Term Loan B, (3-mo. CME Term SOFR at 0.50% Floor + 4.25%), 9.88%, 12/15/28 |
93 | 74,476 | ||||||||||
TruGreen LP, 2020 2nd Lien Term Loan, (3-mo. CME Term SOFR at 0.75% Floor + 8.50%), 14.13%, 11/02/28(c) |
106 | 73,140 | ||||||||||
|
|
|||||||||||
303,422 | ||||||||||||
Communications Equipment 0.0% | ||||||||||||
Viasat, Inc., 2023 Term Loan, 05/30/30(m) |
153 | 141,621 | ||||||||||
|
|
|||||||||||
Construction & Engineering 0.2% | ||||||||||||
Brand Industrial Services, Inc., 2023 Term Loan B, (3-mo. CME Term SOFR at 0.50% Floor + 5.50%), 10.87%, 08/01/30 |
792 | 770,465 | ||||||||||
Propulsion BC Newco LLC, Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 3.75%), 9.14%, 09/14/29 |
69 | 69,323 | ||||||||||
|
|
|||||||||||
839,788 | ||||||||||||
Containers & Packaging 0.0% | ||||||||||||
Mauser Packaging Solutions Holding Co., Term Loan B, (1-mo. CME Term SOFR + 4.00%), 9.33%, 08/14/26 |
45 | 44,704 | ||||||||||
Trident TPI Holdings, Inc., 2023 USD Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 4.50%), 9.89%, 09/15/28 |
170 | 170,028 | ||||||||||
|
|
|||||||||||
214,732 | ||||||||||||
Diversified Consumer Services 0.0% | ||||||||||||
Ascend Learning LLC |
||||||||||||
2021 2nd Lien Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 5.75%), 11.17%, 12/10/29 |
83 | 70,515 | ||||||||||
2021 Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 3.50%), 8.92%, 12/11/28 |
106 | 100,856 | ||||||||||
|
|
|||||||||||
171,371 | ||||||||||||
Diversified Telecommunication Services 0.1% | ||||||||||||
Altice France SA, 2023 USD Term Loan B14, (3-mo. CME Term SOFR + 5.50%), 10.81%, 08/15/28 |
93 | 84,161 | ||||||||||
Frontier Communications Holdings LLC, 2021 1st Lien Term Loan, (1-mo. CME Term SOFR at 0.75% Floor + 3.75%), 9.18%, 10/08/27 |
144 | 139,027 | ||||||||||
Radiate Holdco LLC, 2021 Term Loan B, (1-mo. CME Term SOFR at 0.75% Floor + 3.25%), 8.68%, 09/25/26 |
158 | 128,872 | ||||||||||
Zayo Group Holdings, Inc., USD Term Loan, (1-mo. CME Term SOFR + 3.00%), 8.43%, 03/09/27 |
214 | 174,425 | ||||||||||
|
|
|||||||||||
526,485 | ||||||||||||
Energy Equipment & Services 0.0% | ||||||||||||
Lealand Finance Co. BV, 2020 Make Whole Term Loan, (1-mo. CME Term SOFR + 3.00%), 8.43%, 06/28/24(c) |
8 | 5,848 | ||||||||||
|
|
Security | Par (000) |
Value | ||||||||||
Entertainment 0.0% | ||||||||||||
Delta 2 Lux SARL, 2022 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 3.00%), 8.32%, 01/15/30 |
USD | 63 | $ | 62,937 | ||||||||
EP Purchaser LLC, 2021 Term Loan B, (3-mo. CME Term SOFR at 0.50% Floor + 3.50%), 8.90%, 11/06/28 |
| (n) | 2 | |||||||||
|
|
|||||||||||
62,939 | ||||||||||||
Financial Services 0.1% | ||||||||||||
Deerfield Dakota Holding LLC |
||||||||||||
2020 USD Term Loan B, (3-mo. CME Term SOFR at 1.00% Floor + 3.75%), 9.14%, 04/09/27 |
128 | 124,657 | ||||||||||
2021 USD 2nd Lien Term Loan, (3-mo. CME Term SOFR at 0.75% Floor + 6.75%), 12.40%, 04/07/28 |
145 | 136,300 | ||||||||||
GIP Pilot Acquisition Partners LP, Term Loan, 09/18/30(c)(m) |
77 | 76,711 | ||||||||||
LBM Acquisition LLC, Term Loan B, (1-mo. CME Term SOFR at 0.75% Floor + 3.75%), 9.18%, 12/17/27 |
| (n) | 1 | |||||||||
White Cap Buyer LLC, Term Loan B, (1-mo. CME Term SOFR + 3.75%), 9.07%, 10/19/27 |
297 | 296,078 | ||||||||||
|
|
|||||||||||
633,747 | ||||||||||||
Food Products 0.0% | ||||||||||||
Chobani LLC, 2020 Term Loan B, (1-mo. CME Term SOFR at 1.00% Floor + 3.50%), 8.93%, 10/25/27 |
32 | 32,556 | ||||||||||
|
|
|||||||||||
Health Care Equipment & Supplies 0.1% | ||||||||||||
Bausch & Lomb Corp., 2023 Incremental Term Loan, 09/14/28(c)(m) |
129 | 127,226 | ||||||||||
Bausch and Lomb, Inc., Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 3.25%), 8.76%, 05/10/27 |
177 | 171,863 | ||||||||||
Chariot Buyer LLC, Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 3.25%), 8.66%, 11/03/28 |
105 | 103,066 | ||||||||||
|
|
|||||||||||
402,155 | ||||||||||||
Health Care Providers & Services 0.0% | ||||||||||||
LifePoint Health, Inc., 2018 Term Loan B, (3-mo. SOFR + 3.75%), 9.07%, 11/16/25 |
123 | 122,883 | ||||||||||
Quorum Health Corp., 2020 Term Loan, (3-mo. CME Term SOFR at 1.00% Floor + 8.25%), 13.63%, 04/29/25 |
108 | 72,492 | ||||||||||
Surgery Center Holdings, Inc., 2021 Term Loan, (1-mo. CME Term SOFR at 0.75% Floor + 3.75%), 9.19%, 08/31/26 |
68 | 67,708 | ||||||||||
|
|
|||||||||||
263,083 | ||||||||||||
Health Care Technology 0.3% | ||||||||||||
AthenaHealth Group, Inc., 2022 Term |
1,033 | 1,011,871 | ||||||||||
Polaris Newco LLC, USD Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 4.00%), 9.43%, 06/02/28 |
196 | 187,817 | ||||||||||
Verscend Holding Corp., 2021 Term Loan B, (1-mo. CME Term SOFR + 4.00%), 9.43%, 08/27/25 |
624 | 622,866 | ||||||||||
|
|
|||||||||||
1,822,554 |
S C H E D U L E O F I N V E S T M E N T S | 18 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) (Percentages shown are based on Net Assets) |
Security | Par (000) |
Value | ||||||||||
Hotels, Restaurants & Leisure 0.0% | ||||||||||||
Fertitta Entertainment LLC, 2022 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 4.00%), 9.32%, 01/27/29 |
USD | 68 | $ | 67,044 | ||||||||
Ontario Gaming GTA LP, Term Loan B, (3-mo. CME Term SOFR at 0.50% Floor + 4.25%), 9.64%, 08/01/30 |
81 | 81,000 | ||||||||||
|
|
|||||||||||
148,044 | ||||||||||||
Household Durables 0.1% | ||||||||||||
Hunter Douglas, Inc., USD Term Loan B1, (3-mo. CME Term SOFR + 3.50%), 8.89%, 02/26/29 |
145 | 141,134 | ||||||||||
Sunset Debt Merger Sub, Inc., 2021 Term Loan B, (1-mo. CME Term SOFR at 0.75% Floor + 4.00%), 9.43%, 10/06/28 |
281 | 238,148 | ||||||||||
|
|
|||||||||||
379,282 | ||||||||||||
Insurance 0.1% | ||||||||||||
Alliant Holdings Intermediate LLC, 2021 Term Loan B4, (1-mo. LIBOR US at 0.50% Floor + 3.50%), 8.93%, 11/05/27 |
93 | 92,583 | ||||||||||
HUB International Ltd., 2022 Term Loan B, (3-mo. CME Term SOFR at 0.75% Floor + 4.00%), 9.37%, 11/10/29 |
139 | 138,939 | ||||||||||
Jones Deslauriers Insurance Management, Inc., 2023 Term Loan B, (3-mo. CME Term SOFR + 4.25%), 9.62%, 03/15/30 |
88 | 88,166 | ||||||||||
|
|
|||||||||||
319,688 | ||||||||||||
Interactive Media & Services 0.0% | ||||||||||||
Acuris Finance U.S., Inc., 2021 USD Term Loan B, (3-mo. CME Term SOFR at 0.50% Floor + 4.00%), 9.54%, 02/16/28 |
66 | 64,659 | ||||||||||
|
|
|||||||||||
IT Services 0.1% | ||||||||||||
Epicor Software Corp. |
||||||||||||
2020 2nd Lien Term Loan, (1-mo. CME Term SOFR at 1.00% Floor + 7.75%), 13.17%, 07/31/28 |
62 | 62,068 | ||||||||||
2020 Term Loan, (1-mo. CME Term SOFR at 0.75% Floor + 3.25%), 8.68%, 07/30/27 |
89 | 88,700 | ||||||||||
Gainwell Acquisition Corp., Term Loan B, (3-mo. CME Term SOFR at 0.75% Floor + 4.00%), 9.49%, 10/01/27 |
299 | 291,452 | ||||||||||
GTCR W Merger Sub LLC, USD Term Loan B, 09/20/30(m) |
268 | 267,804 | ||||||||||
|
|
|||||||||||
710,024 | ||||||||||||
Leisure Products 0.0% | ||||||||||||
Peloton Interactive, Inc., Term Loan, (6-mo. CME Term SOFR at 0.50% Floor + 6.50%), 12.26%, 05/25/27 |
70 | 70,042 | ||||||||||
|
|
|||||||||||
Life Sciences Tools & Services 0.1% | ||||||||||||
Star Parent, Inc., 2023 Term Loan B, 09/19/30(m) |
362 | 353,504 | ||||||||||
|
|
|||||||||||
Machinery 0.2% | ||||||||||||
Madison IAQ LLC, Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 3.25%), 8.69%, 06/21/28 |
172 | 169,167 | ||||||||||
Roper Industrial Products Investment Co., USD Term Loan, (3-mo. CME Term SOFR + 4.50%), 9.89%, 11/22/29 |
169 | 168,841 |
Security | Par (000) |
Value | ||||||||||
Machinery (continued) | ||||||||||||
SPX Flow, Inc., 2022 Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 4.50%), 9.92%, 04/05/29 |
USD | 252 | $ | 250,967 | ||||||||
Titan Acquisition Ltd., 2018 Term Loan B, (3-mo. LIBOR US + 3.00%), 8.65%, 03/28/25 |
495 | 490,515 | ||||||||||
|
|
|||||||||||
1,079,490 | ||||||||||||
Media 0.3% | ||||||||||||
AVSC Holding Corp., 2018 2nd Lien Term Loan, (1-mo. CME Term SOFR at 1.00% Floor + 7.25%), 12.68%, 09/01/25 |
156 | 138,366 | ||||||||||
Clear Channel Outdoor Holdings, Inc., Term Loan B, (1-mo. CME Term SOFR + 3.50%), 9.13%, 08/21/26 |
475 | 460,164 | ||||||||||
DirecTV Financing LLC, Term Loan, (1-mo. CME Term SOFR at 0.75% Floor + 5.00%), 10.43%, 08/02/27 |
443 | 432,810 | ||||||||||
Intelsat Jackson Holdings SA, 2021 Exit Term Loan B, (3-mo. CME Term SOFR at 0.50% Floor + 4.25%), 9.77%, 02/01/29 |
375 | 373,258 | ||||||||||
|
|
|||||||||||
1,404,598 | ||||||||||||
Metals & Mining 0.0% | ||||||||||||
Arsenal AIC Parent LLC, Term Loan, (3-mo. CME Term SOFR + 4.50%), 9.88%, 08/18/30 |
136 | 135,603 | ||||||||||
Grinding Media, Inc., 2021 Term Loan B, (3-mo. CME Term SOFR at 0.75% Floor + 4.00%), 9.53%, 10/12/28(c) |
63 | 62,089 | ||||||||||
|
|
|||||||||||
197,692 | ||||||||||||
Oil, Gas & Consumable Fuels 0.1% | ||||||||||||
Freeport LNG Investments LLLP, Term Loan B, (3-mo. CME Term SOFR + 3.50%), 9.09%, 12/21/28 |
195 | 193,071 | ||||||||||
M6 ETX Holdings II Midco LLC, Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 4.50%), 9.92%, 09/19/29 |
78 | 77,259 | ||||||||||
|
|
|||||||||||
270,330 | ||||||||||||
Passenger Airlines 0.1% | ||||||||||||
AAdvantage Loyalty IP Ltd., Series AA, 2021 Term Loan, (3-mo. CME Term SOFR at 0.75% Floor + 4.75%), 10.34%, 04/20/28 |
411 | 423,064 | ||||||||||
Air Canada, 2021 Term Loan B, (3-mo. CME Term SOFR at 0.75% Floor + 3.50%), 9.13%, 08/11/28 |
42 | 41,651 | ||||||||||
Mileage Plus Holdings LLC, 2020 Term Loan B, (3-mo. CME Term SOFR at 1.00% Floor + 5.25%), 10.80%, 06/21/27 |
93 | 96,385 | ||||||||||
United Airlines, Inc., Series AA, 2021 Term Loan B, (1-mo. CME Term SOFR at 0.75% Floor + 3.75%), 9.18%, 04/21/28 |
124 | 124,479 | ||||||||||
|
|
|||||||||||
685,579 | ||||||||||||
Pharmaceuticals 0.0% | ||||||||||||
Amneal Pharmaceuticals LLC, 2018 Term Loan B, (1-mo. CME Term SOFR + 3.50%), 8.93%, 05/04/25 |
48 | 46,998 | ||||||||||
|
|
|||||||||||
Professional Services 0.1% | ||||||||||||
CoreLogic, Inc., Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 3.50%), 8.93%, 06/02/28 |
85 | 78,897 | ||||||||||
Galaxy U.S. Opco, Inc., Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 4.75%), 10.07%, 04/29/29 |
139 | 132,176 | ||||||||||
Old Line Funding LLC, Term Loan B, (3-mo. CME Term SOFR + 4.25%), 9.60%, 07/25/30 |
57 | 57,010 | ||||||||||
|
|
|||||||||||
268,083 |
19 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) (Percentages shown are based on Net Assets) |
Security | Par (000) |
Value | ||||||||||
Real Estate Management & Development 0.0% | ||||||||||||
Cushman & Wakefield U.S. Borrower LLC, 2023 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 4.00%), 9.32%, 01/31/30 |
USD | 123 | $ | 121,770 | ||||||||
|
|
|||||||||||
Software 0.8% | ||||||||||||
Boxer Parent Co., Inc., 2021 USD 2nd Lien Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 5.50%), 10.93%, 02/27/26 |
279 | 277,357 | ||||||||||
Central Parent, Inc., 2022 USD Term Loan B, (3-mo. CME Term SOFR at 0.50% Floor + 4.25%), 9.64%, 07/06/29 |
118 | 118,044 | ||||||||||
Cloud Software Group, Inc., 2022 USD Term Loan B, (3-mo. CEM Term SOFR + 4.50%), 9.99%, 03/30/29 |
541 | 519,994 | ||||||||||
Cloudera, Inc. |
||||||||||||
2021 Second Lien Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 6.00%), 11.42%, 10/08/29 |
234 | 220,791 | ||||||||||
2021 Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 3.75%), 9.17%, 10/08/28(c) |
147 | 144,231 | ||||||||||
Delta TopCo, Inc., 2020 Term Loan B, (6-mo. CME Term SOFR at 0.75% Floor + 3.75%), 9.07%, 12/01/27 |
113 | 111,725 | ||||||||||
Helios Software Holdings, Inc., 2021 USD Term Loan B, (3-mo. CME Term SOFR + 3.75%), 9.29%, 03/11/28 |
57 | 56,209 | ||||||||||
Magenta Buyer LLC |
||||||||||||
2021 USD 1st Lien Term Loan, (3-mo. CME Term SOFR at 0.75% Floor + 5.00%), 10.63%, 07/27/28 |
562 | 416,171 | ||||||||||
2021 USD 2nd Lien Term Loan, (3-mo. LIBOR US at 0.75% Floor + 8.25%), 13.88%, 07/27/29 |
280 | 128,800 | ||||||||||
McAfee Corp., 2022 USD Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 3.75%), 9.18%, 03/01/29 |
470 | 458,866 | ||||||||||
MH Sub I LLC |
||||||||||||
2021 2nd Lien Term Loan, (1-mo. CME Term SOFR + 6.25%), 11.57%, 02/23/29 |
35 | 30,920 | ||||||||||
2023 Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 4.25%), 9.57%, 05/03/28 |
326 | 315,122 | ||||||||||
Planview Parent, Inc., 2nd Lien Term Loan, (3-mo. CME Term SOFR at 0.75% Floor + 7.25%), 12.74%, 12/18/28 |
103 | 93,215 | ||||||||||
Proofpoint, Inc. |
||||||||||||
1st Lien Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 3.25%), 8.68%, 08/31/28 |
19 | 18,794 | ||||||||||
2nd Lien Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 6.25%), 11.68%, 08/31/29 |
250 | 250,035 | ||||||||||
RealPage, Inc., 1st Lien Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 3.00%), 8.43%, 04/24/28 |
216 | 212,905 | ||||||||||
Sabre Global, Inc. |
||||||||||||
2021 Term Loan B1, (1-mo. CME Term SOFR at 0.50% Floor + 3.50%), 8.93%, 12/17/27 |
54 | 46,996 | ||||||||||
2021 Term Loan B2, (1-mo. CME Term SOFR at 0.50% Floor + 3.50%), 8.93%, 12/17/27 |
84 | 73,735 | ||||||||||
Sophia LP, 2021 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 3.50%), 8.92%, 10/07/27 |
484 | 482,745 | ||||||||||
Sovos Compliance LLC, 2021 Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 4.50%), 9.93%, 08/11/28 |
117 | 114,761 |
Security | Par (000) |
Value | ||||||||||
Software (continued) | ||||||||||||
UKG, Inc., 2021 2nd Lien Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 5.25%), 10.62%, 05/03/27 |
USD | 195 | $ | 194,457 | ||||||||
Ultimate Software Group, Inc. |
||||||||||||
2021 Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 3.25%), 8.62%, 05/04/26 |
185 | 184,248 | ||||||||||
Term Loan B, (3-mo. CME Term SOFR + 3.75%), 9.22%, 05/04/26 |
143 | 142,529 | ||||||||||
|
|
|||||||||||
4,612,650 | ||||||||||||
Textiles, Apparel & Luxury Goods 0.0% | ||||||||||||
Hanesbrands, Inc., 2023 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 3.75%), 9.07%, 03/08/30(c) |
56 | 54,446 | ||||||||||
|
|
|||||||||||
Trading Companies & Distributors 0.0% | ||||||||||||
SRS Distribution, Inc., 2022 Incremental Term Loan, (1-mo. CME Term SOFR + 3.50%), 8.92%, 06/02/28 |
174 | 172,505 | ||||||||||
|
|
|||||||||||
Transportation Infrastructure 0.1% | ||||||||||||
Apple Bidco LLC, 2022 Incremental Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 4.00%), 9.32%, 09/22/28 |
115 | 114,232 | ||||||||||
Brown Group Holding LLC, 2022 Incremental Term Loan B2, (1-mo. CME Term SOFR at 0.50% Floor + 3.75%), 9.14%, 07/02/29 |
157 | 157,024 | ||||||||||
|
|
|||||||||||
271,256 | ||||||||||||
Wireless Telecommunication Services 0.1% | ||||||||||||
Digicel International, 2017 Term Loan B1, 05/27/24(m) |
16 | 14,412 | ||||||||||
Digicel International Finance Ltd., 2017 Term Loan B, (3-mo. LIBOR US + 3.25%), 8.90%, 05/28/24 |
370 | 332,518 | ||||||||||
|
|
|||||||||||
346,930 | ||||||||||||
|
|
|||||||||||
Total Floating Rate Loan Interests 3.5% | ||||||||||||
(Cost: $19,787,191) |
19,335,640 | |||||||||||
|
|
|||||||||||
Foreign Agency Obligations | ||||||||||||
Bahrain 0.0% | ||||||||||||
Bahrain Government International Bond, 5.45%, 09/16/32(d) |
200 | 173,644 | ||||||||||
|
|
|||||||||||
Canada 1.1% | ||||||||||||
CDP Financial, Inc., 5.60%, 11/25/39(b) |
5,890 | 5,813,594 | ||||||||||
|
|
|||||||||||
Colombia 0.2% | ||||||||||||
Colombia Government International Bond 4.50%, 01/28/26(e) |
300 | 286,485 | ||||||||||
3.88%, 04/25/27 |
200 | 181,678 | ||||||||||
3.13%, 04/15/31 |
400 | 295,400 | ||||||||||
8.00%, 04/20/33(e) |
200 | 197,594 | ||||||||||
|
|
|||||||||||
961,157 | ||||||||||||
Dominican Republic 0.2% | ||||||||||||
Dominican Republic International Bond 6.88%, 01/29/26(d) |
115 | 114,733 | ||||||||||
5.95%, 01/25/27(d) |
228 | 220,348 | ||||||||||
4.50%, 01/30/30(b) |
226 | 191,009 | ||||||||||
7.05%, 02/03/31(b) |
150 | 144,686 | ||||||||||
4.88%, 09/23/32(b) |
300 | 243,507 | ||||||||||
|
|
|||||||||||
914,283 |
S C H E D U L E O F I N V E S T M E N T S | 20 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) (Percentages shown are based on Net Assets) |
Security | Par (000) |
Value | ||||||||||
Egypt 0.0% | ||||||||||||
Egypt Government International Bond, 7.50%, 02/16/61(b) |
USD | 219 | $ | 109,936 | ||||||||
|
|
|||||||||||
Guatemala 0.1% | ||||||||||||
Guatemala Government Bond(b) |
200 | 184,012 | ||||||||||
5.38%, 04/24/32 |
200 | 182,564 | ||||||||||
|
|
|||||||||||
366,576 | ||||||||||||
Ivory Coast 0.1% | ||||||||||||
Ivory Coast Government International Bond, 6.38%, 03/03/28(d) |
400 | 373,360 | ||||||||||
|
|
|||||||||||
Morocco 0.0% | ||||||||||||
Morocco Government International Bond, 2.38%, 12/15/27(b) |
200 | 171,326 | ||||||||||
|
|
|||||||||||
Oman 0.1% | ||||||||||||
Oman Government International Bond(d) |
228 | 203,159 | ||||||||||
6.75%, 01/17/48 |
200 | 183,302 | ||||||||||
|
|
|||||||||||
386,461 | ||||||||||||
Pakistan 0.0% | ||||||||||||
Pakistan Government International Bond, 6.00%, 04/08/26(d) |
200 | 102,844 | ||||||||||
|
|
|||||||||||
Romania 0.1% | ||||||||||||
Romanian Government International Bond |
102 | 99,048 | ||||||||||
2.50%, 02/08/30(d) |
EUR | 222 | 191,875 | |||||||||
2.12%, 07/16/31(d) |
226 | 176,690 | ||||||||||
|
|
|||||||||||
467,613 | ||||||||||||
Senegal 0.0% | ||||||||||||
Senegal Government International Bond, 6.25%, 05/23/33(d)(e) |
USD | 200 | 160,112 | |||||||||
|
|
|||||||||||
South Africa 0.1% | ||||||||||||
Republic of South Africa Government International Bond |
200 | 171,238 | ||||||||||
5.88%, 04/20/32(e) |
200 | 169,810 | ||||||||||
|
|
|||||||||||
341,048 | ||||||||||||
Sri Lanka 0.0% | ||||||||||||
Sri Lanka Government
International |
432 | 203,990 | ||||||||||
7.85%, 03/14/29(e) |
200 | 92,172 | ||||||||||
|
|
|||||||||||
296,162 | ||||||||||||
Ukraine 0.0% | ||||||||||||
Ukraine Government International Bond(k)(l) |
385 | 109,725 | ||||||||||
7.25%, 03/15/35(b) |
200 | 52,300 | ||||||||||
|
|
|||||||||||
162,025 | ||||||||||||
|
|
|||||||||||
Total Foreign Agency Obligations 2.0% (Cost: $11,979,175) |
10,800,141 | |||||||||||
|
|
|||||||||||
Municipal Bonds | ||||||||||||
California 1.2% | ||||||||||||
City of Los Angeles California, GO, |
2,000 | 1,819,662 |
Security | Par (000) |
Value | ||||||||||
California (continued) | ||||||||||||
East Bay Municipal Utility District Water System Revenue, RB, BAB, 5.87%, 06/01/40 |
USD | 1,900 | $ | 1,942,722 | ||||||||
Oxnard Union High School District, Refunding GO, (BAM), 3.18%, 08/01/43 |
1,600 | 1,129,811 | ||||||||||
State of California, Refunding GO, 5.13%, 03/01/38 |
1,000 | 947,374 | ||||||||||
University of California, RB, BAB, 5.95%, 05/15/45 |
885 | 899,421 | ||||||||||
|
|
|||||||||||
6,738,990 | ||||||||||||
Georgia 0.3% | ||||||||||||
Municipal Electric Authority of Georgia, Refunding RB, BAB, 7.06%, 04/01/57 |
1,907 | 1,891,915 | ||||||||||
|
|
|||||||||||
Hawaii 0.3% | ||||||||||||
City & County Honolulu HI Wastewater System Revenue, Refunding RB, Series A, 2.62%, 07/01/45 |
1,000 | 615,195 | ||||||||||
State of Hawaii, GO, Series GK, 6.15%, 10/01/38 |
1,000 | 1,033,308 | ||||||||||
|
|
|||||||||||
1,648,503 | ||||||||||||
Illinois 0.4% | ||||||||||||
State of Illinois, GO, 5.10%, 06/01/33 |
2,000 | 1,898,092 | ||||||||||
|
|
|||||||||||
Massachusetts 0.1% | ||||||||||||
University of Massachusetts Building Authority, Refunding RB, Series 3, 3.43%, 11/01/40 |
500 | 389,997 | ||||||||||
|
|
|||||||||||
New York 1.2% | ||||||||||||
Metropolitan Transportation Authority, RB, BAB, 7.34%, 11/15/39 |
1,295 | 1,483,073 | ||||||||||
New York City Industrial Development Agency, Refunding RB, (AGM), 3.19%, 03/01/40 |
165 | 117,373 | ||||||||||
New York City Municipal Water Finance Authority, Refunding RB, BAB, 5.72%, 06/15/42 |
1,390 | 1,379,319 | ||||||||||
New York State Dormitory Authority, RB, BAB |
||||||||||||
Series D, 5.60%, 03/15/40 |
1,900 | 1,886,924 | ||||||||||
Series F, 5.63%, 03/15/39 |
1,100 | 1,105,724 | ||||||||||
Port Authority of New York & New Jersey, RB, |
780 | 804,150 | ||||||||||
|
|
|||||||||||
6,776,563 | ||||||||||||
|
|
|||||||||||
Total Municipal Bonds 3.5% | ||||||||||||
(Cost: $19,974,637) |
19,344,060 | |||||||||||
|
|
|||||||||||
Non-Agency Mortgage-Backed Securities | ||||||||||||
Collateralized Mortgage Obligations 10.5% | ||||||||||||
Alternative Loan Trust |
||||||||||||
Series 2005-64CB, Class 1A15, 5.50%, 12/25/35 |
391 | 331,088 | ||||||||||
Series 2006-OA21, Class A1, (1-mo. Term SOFR + 0.30%), 5.63%, 03/20/47(a) |
353 | 284,052 | ||||||||||
Series 2007-OA10, Class 2A1, (1-mo. Term SOFR + 0.61%), 5.93%, 09/25/47(a) |
3,993 | 546,217 | ||||||||||
Banc of America Funding Trust, Series 2007-2, Class 1A2, 6.00%, 03/25/37 |
216 | 164,567 | ||||||||||
Bravo Residential Funding Trust |
||||||||||||
Series 2021-NQM1, Class A1, 0.94%, 02/25/49(a)(b) |
732 | 635,746 | ||||||||||
Series 2023-NQM3, Class A1, 4.85%, 09/25/62(b)(o) |
471 | 449,355 | ||||||||||
Series 2023-NQM4, Class A1, 6.44%, 05/25/63 |
1,463 | 1,453,298 | ||||||||||
Chase Home Lending Mortgage Trust, Series 2019- ATR1, Class A12, 6.50%, |
534 | 522,537 | ||||||||||
CIM Trust |
||||||||||||
6.03%, 04/25/58(b)(o) |
1,279 | 1,258,207 | ||||||||||
Series2023-I2, Class A1, 6.64%, 12/25/67 |
1,271 | 1,269,917 |
21 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) (Percentages shown are based on Net Assets) |
Security | Par (000) |
Value | ||||||||||
Collateralized Mortgage Obligations (continued) | ||||||||||||
COLT Mortgage Loan Trust |
||||||||||||
Series 2020-2, Class M1, 5.25%, |
USD | 3,050 | $ | 2,877,653 | ||||||||
Series 2020-3, Class M1, 3.36%, |
3,820 | 3,352,743 | ||||||||||
Series 2022-1, Class A1, 4.55%, |
1,551 | 1,460,540 | ||||||||||
Series 2022-7, Class A1, 5.16%, |
2,074 | 2,019,207 | ||||||||||
Series 2022-9, Class A1, 6.79%, |
343 | 344,088 | ||||||||||
Series 2023-2, Class A1, 6.60%, |
1,522 | 1,516,562 | ||||||||||
Credit Suisse Mortgage Capital Certificates Trust, Series 2022-NQM5, Class A1, 5.17%, 05/25/67(a)(b) |
2,741 | 2,656,233 | ||||||||||
Deephaven Residential Mortgage Trust, Series 2022-2, Class A1, 4.30%, 03/25/67(a)(b) |
277 | 253,842 | ||||||||||
Ellington Financial Mortgage Trust(a)(b) |
||||||||||||
Series 2020-1, Class M1, 5.24%, 05/25/65 |
1,500 | 1,363,107 | ||||||||||
Series 2021-2, Class A1, 0.93%, 06/25/66 |
202 | 157,374 | ||||||||||
GCAT Trust, Series 2022-NQM3, Class A1, 4.35%, 04/25/67(a)(b) |
1,141 | 1,061,096 | ||||||||||
GMACM Mortgage Loan Trust, Series 2005-AR3, Class 5A1, 3.88%, 06/19/35(a) |
92 | 82,010 | ||||||||||
GS Mortgage-Backed Securities Corp. Trust, Series 2022-PJ2, Class A4, 2.50%, 06/25/52(a)(b) |
1,061 | 802,190 | ||||||||||
GS Mortgage-Backed Securities Trust(a)(b) |
||||||||||||
Series 2021-PJ2, Class A2, 2.50%, 11/25/51 |
922 | 695,614 | ||||||||||
Series 2021-PJ7, Class A2, 2.50%, 01/25/52 |
2,410 | 1,818,737 | ||||||||||
GSR Mortgage Loan Trust, Series 2007-4F, Class 3A1, 6.00%, 07/25/37 |
81 | 50,335 | ||||||||||
Homeward Opportunities Fund Trust, Series 2022-1, Class A1, 5.08%, 07/25/67(b)(o) |
1,212 | 1,172,589 | ||||||||||
JP Morgan Mortgage Trust |
||||||||||||
Series 2006-S3, Class 1A12, 6.50%, 08/25/36 |
42 | 13,677 | ||||||||||
Series 2022-DSC1, Class A1, 4.75%, 01/25/63(a)(b) |
473 | 435,380 | ||||||||||
Series 2022-INV3, Class A3B, 3.00%, 09/25/52(a)(b) |
750 | 592,148 | ||||||||||
Series 2023-DSC1, Class A1, 4.63%, 07/25/63(a)(b) |
334 | 305,417 | ||||||||||
Mello Mortgage Capital Acceptance, Series 2022-INV2, Class A3, 3.00%, 04/25/52(a)(b) |
790 | 622,010 | ||||||||||
Merrill Lynch Mortgage Investors Trust, Series 2006-A3, Class 3A1, 4.08%, 05/25/36(a) |
139 | 98,064 | ||||||||||
MFA Trust |
||||||||||||
Series 2021-NQM1, Class M1, 2.31%, 04/25/65(a)(b) . |
2,750 | 1,933,996 | ||||||||||
Series 2023-NQM1, Class A1, 5.75%, 11/25/67(b)(o) |
899 | 879,012 | ||||||||||
Series 2023-NQM3, Class A1, 6.62%, 07/25/68 |
1,840 | 1,834,016 | ||||||||||
Mill City Mortgage Trust, Series 2023-NQM2, Class A1, 6.24%, 12/25/67(b)(o) |
1,888 | 1,871,621 | ||||||||||
OBX Trust |
||||||||||||
Series 2022-INC3, Class A1, 3.00%, 02/25/52(a)(b) |
691 | 544,473 | ||||||||||
Series 2022-NQM9, Class A1A, 6.45%, 09/25/62(b)(o) |
528 | 524,670 | ||||||||||
Series 2023-NQM1, Class A1, 6.12%, 11/25/62(a)(b) |
733 | 726,929 | ||||||||||
Series 2023-NQM6, Class A1, 6.52%, 07/25/63 |
1,408 | 1,408,720 | ||||||||||
Onslow Bay Financial LLC, Series 2023-NQM5, Class A1A, 6.57%, 06/25/63 |
1,686 | 1,686,334 | ||||||||||
PRKCM Trust, Series 2023-AFC2, Class A1, 6.48%, 06/25/58 |
1,661 | 1,645,753 | ||||||||||
RCKT Mortgage Trust, Series 2022-2, Class A1, 3.00%, 02/25/52(a)(b) |
1,034 | 813,106 | ||||||||||
SG Residential Mortgage Trust, Series 2022-2, Class A1, 5.35%, 08/25/62(b)(o) |
681 | 657,846 | ||||||||||
Spruce Hill Mortgage Loan Trust, Series 2022-SH1, Class A1A, 4.10%, 07/25/57(b)(o) |
702 | 650,195 |
Security | Par (000) |
Value | ||||||||||
Collateralized Mortgage Obligations (continued) | ||||||||||||
STAR Trust, Series 2021-1, Class M1, 2.36%, 05/25/65(a)(b) |
USD | 2,050 | $ | 1,445,561 | ||||||||
Starwood Mortgage Residential Trust, Series 2020-3, Class M1, 3.54%, 04/25/65(a)(b) |
2,000 | 1,534,711 | ||||||||||
Verus Securitization Trust |
||||||||||||
Series 2022-3, Class A1, 4.13%, 02/25/67(b)(o) |
2,931 | 2,637,897 | ||||||||||
Series 2022-7, Class A1, 5.15%, 07/25/67(b)(o) |
1,661 | 1,616,068 | ||||||||||
Series 2022-INV2, Class A1, 6.79%, 10/25/67(b)(o) |
502 | 501,317 | ||||||||||
Series 2023-1, Class A1, 5.85%, 12/25/67(b)(o) |
1,005 | 990,828 | ||||||||||
Series 2023-5, Class A1, 6.48%, 06/25/68 |
1,487 | 1,478,081 | ||||||||||
Visio Trust, Series 2023-2, Class A1, 6.60%, 10/25/58 |
1,456 | 1,452,539 | ||||||||||
|
|
|||||||||||
57,499,273 | ||||||||||||
Commercial Mortgage-Backed Securities 4.7% | ||||||||||||
3650R Commercial Mortgage Trust, Series 2021-PF1, Class A5, 2.52%, 11/15/54 |
1,250 | 953,044 | ||||||||||
BAMLL Commercial Mortgage Securities Trust, Series 2015-200P, Class C, 3.72%, 04/14/33(a)(b) |
4,170 | 3,807,698 | ||||||||||
Bayview Commercial Asset Trust, Series 2007-2A, Class A1, (1-mo. Term SOFR + 0.38%), 5.70%, 07/25/37(a)(b) |
650 | 573,821 | ||||||||||
BX Commercial Mortgage Trust(a)(b) |
||||||||||||
Series 2019-XL, Class A, (1-mo. Term SOFR + 1.03%), 6.37%, 10/15/36 |
931 | 928,683 | ||||||||||
Series 2021-CIP, Class A, (1-mo. Term SOFR + 1.04%), 6.37%, 12/15/38 |
605 | 592,095 | ||||||||||
Series 2021-SOAR, Class A, (1-mo. Term SOFR + 0.78%), 6.12%, 06/15/38 |
1,569 | 1,540,664 | ||||||||||
Series 2021-XL2, Class A, (1-mo. Term SOFR + 0.80%), 6.14%, 10/15/38 |
391 | 381,888 | ||||||||||
Series 2022-LP2, Class A, (1-mo. Term SOFR + 1.01%), 6.35%, 02/15/39 |
1,426 | 1,391,276 | ||||||||||
BX Trust(a)(b) |
||||||||||||
Series 2021-LBA, Class AJV, (1-mo. Term SOFR + 0.91%), 6.25%, 02/15/36 |
1,690 | 1,659,250 | ||||||||||
Series 2021-SDMF, Class A, (1-mo. Term SOFR + 0.70%), 6.04%, 09/15/34 |
199 | 194,192 | ||||||||||
Series 2022 VAMF, Class A, (1-mo. Term SOFR + 0.85%), 6.18%, 01/15/39 |
1,300 | 1,272,273 | ||||||||||
Series 2022-GPA, Class A, (1-mo. Term SOFR + 2.17%), 7.50%, 08/15/39 |
650 | 651,222 | ||||||||||
Cantor Commercial Real Estate Lending, Series 2019- CF2, Class A5, 2.87%, 11/15/52 |
550 | 458,056 | ||||||||||
Citigroup Commercial Mortgage Trust, Series 2019- SMRT, Class A, 4.15%, 01/10/36(b) |
700 | 698,682 | ||||||||||
Cold Storage Trust, Series 2020-ICE5, Class A, (1-mo. Term SOFR + 1.01%), 6.35%, 11/15/37(a)(b) |
238 | 235,491 | ||||||||||
Credit Suisse Mortgage Capital Certificates Trust, Series 2020-FACT, Class D, (1-mo. Term SOFR + 3.82%), 9.16%, 10/15/37(a)(b) |
900 | 847,310 | ||||||||||
CSMC BHAR, Series 2021-BHAR, Class C, (1-mo. Term SOFR + 2.11%), 7.45%, 11/15/38(a)(b) |
300 | 295,481 | ||||||||||
Extended Stay America Trust, Series 2021-ESH, Class D, (1-mo. Term SOFR + 2.36%), 7.70%, 07/15/38(a)(b) |
789 | 776,029 | ||||||||||
GS Mortgage Securities Trust, Series 2019-GC38, Class AAB, 3.84%, 02/10/52 |
930 | 879,138 |
S C H E D U L E O F I N V E S T M E N T S | 22 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) (Percentages shown are based on Net Assets) |
Security | Par (000) |
Value | ||||||||||
Commercial Mortgage-Backed Securities (continued) | ||||||||||||
JP Morgan Chase Commercial Mortgage Securities Trust, Series 2022-ACB, Class A, (30-day Avg SOFR + 1.40%), 6.71%, 03/15/39(a)(b) |
USD | 1,700 | $ | 1,674,395 | ||||||||
Lehman Brothers Small Balance Commercial Mortgage Trust, Series 2006-1A, Class B, (1-mo. Term SOFR + 1.11%), 6.43%, 04/25/31(a)(b) |
288 | 287,448 | ||||||||||
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C22, Class A4, 3.31%, 04/15/48 |
1,200 | 1,138,556 | ||||||||||
STWD Trust, Series 2021-FLWR, Class A, (1-mo. Term SOFR + 0.69%), 6.02%, 07/15/36(a)(b) |
1,207 | 1,181,616 | ||||||||||
TPGI Trust, Series 2021-DGWA, Class A, (1-mo. Term SOFR + 0.81%), 6.15%, 06/15/26(a)(b) |
940 | 922,549 | ||||||||||
UBS Commercial Mortgage Trust, Series 2019-C18, Class A4, 3.04%, 12/15/52 |
1,200 | 992,824 | ||||||||||
Wells Fargo Commercial Mortgage Trust, Series 2016- LC25, Class A4, 3.64%, 12/15/59 |
1,700 | 1,574,898 | ||||||||||
|
|
|||||||||||
25,908,579 | ||||||||||||
|
|
|||||||||||
Total Non-Agency Mortgage-Backed Securities
15.2% |
|
83,407,852 | ||||||||||
|
|
|||||||||||
Preferred Securities |
||||||||||||
Capital Trusts 5.6%(a) | ||||||||||||
Banks(f) 2.1% | ||||||||||||
AIB Group PLC, 5.25%(d) |
EUR | 200 | 201,406 | |||||||||
Banco Mercantil del Norte SA, 6.75%(b) |
USD | 200 | 193,250 | |||||||||
Bank of East Asia Ltd., 5.88%(d) |
250 | 215,138 | ||||||||||
ING Groep NV, Series NC10, 4.25% |
1,500 | 967,045 | ||||||||||
Nordea Bank Abp, 6.13%(b) |
2,960 | 2,835,920 | ||||||||||
PNC Financial Services Group, Inc. |
||||||||||||
Series V, 6.20% |
205 | 188,396 | ||||||||||
Series W, 6.25%(e) |
1,705 | 1,461,551 | ||||||||||
Rizal Commercial Banking Corp., 6.50%(d) |
200 | 181,476 | ||||||||||
U.S. Bancorp, Series J, 5.30%(e) |
1,900 | 1,588,026 | ||||||||||
Wells Fargo & Co. |
||||||||||||
7.63%(e) |
300 | 302,450 | ||||||||||
Series S, 5.90% |
3,390 | 3,322,048 | ||||||||||
Woori Bank, 4.25%(d) |
250 | 240,515 | ||||||||||
|
|
|||||||||||
11,697,221 | ||||||||||||
Capital Markets 0.5% | ||||||||||||
Bank of New York Mellon Corp., 4.63%(f) |
2,750 | 2,473,700 | ||||||||||
|
|
|||||||||||
Diversified Telecommunication Services 0.0% | ||||||||||||
Telefonica Europe BV, 6.14%(d)(f) |
EUR | 200 | 203,017 | |||||||||
|
|
|||||||||||
Electric Utilities 0.5% | ||||||||||||
Edison International, Series B, 5.00%(f) |
USD | 115 | 98,288 | |||||||||
EDP - Energias de Portugal SA, 5.94%, 04/23/83(d) |
EUR | 100 | 104,668 | |||||||||
Electricite de France SA, 3.38%(d)(f) |
200 | 162,790 | ||||||||||
NextEra Energy Capital Holdings, Inc., 5.65%, 05/01/79 |
USD | 2,750 | 2,532,312 | |||||||||
|
|
|||||||||||
2,898,058 | ||||||||||||
Financial Services(f) 2.4% | ||||||||||||
Bank of America Corp., Series FF, 5.88%(e) |
3,500 | 3,175,066 | ||||||||||
Barclays PLC, 4.38% |
310 | 215,153 | ||||||||||
Citigroup, Inc., 7.63% |
141 | 137,560 |
Security | Par (000) |
Value | ||||||||||
Financial Services (continued) | ||||||||||||
HSBC Holdings PLC(e) |
||||||||||||
6.50% |
USD | 1,090 | $ | 982,511 | ||||||||
6.00% |
435 | 386,759 | ||||||||||
JPMorgan Chase & Co., Series FF, 5.00% |
2,500 | 2,416,424 | ||||||||||
Lloyds Banking Group PLC |
||||||||||||
8.00% |
200 | 179,293 | ||||||||||
7.50% |
1,750 | 1,634,984 | ||||||||||
NatWest Group PLC, 6.00% |
1,575 | 1,445,316 | ||||||||||
Societe Generale SA, 7.88%(b) |
1,000 | 991,746 | ||||||||||
UBS Group AG, 4.88%(b) |
2,000 | 1,674,425 | ||||||||||
|
|
|||||||||||
13,239,237 | ||||||||||||
Independent Power and Renewable Electricity Producers(b)(f) 0.1% | ||||||||||||
NRG Energy, Inc., 10.25% |
325 | 318,306 | ||||||||||
Vistra Corp., 7.00% |
162 | 147,825 | ||||||||||
|
|
|||||||||||
466,131 | ||||||||||||
|
|
|||||||||||
30,977,364 | ||||||||||||
|
|
|||||||||||
Shares | ||||||||||||
Preferred Stocks 0.3%(a)(f) | ||||||||||||
Capital Markets 0.3% | ||||||||||||
Morgan Stanley, Series K |
66,567 | 1,546,352 | ||||||||||
|
|
|||||||||||
Financial Services 0.0% | ||||||||||||
Federal National Mortgage Association, |
10,000 | 22,200 | ||||||||||
|
|
|||||||||||
1,568,552 | ||||||||||||
|
|
|||||||||||
Trust Preferred 0.2% | ||||||||||||
Financial Services 0.2% | ||||||||||||
Citigroup Capital XIII, 12.00%, 10/30/40(a) |
29,583 | 867,669 | ||||||||||
|
|
|||||||||||
867,669 | ||||||||||||
|
|
|||||||||||
Total Preferred Securities 6.1% |
33,413,585 | |||||||||||
|
|
|||||||||||
Par (000) |
||||||||||||
U.S. Government Sponsored Agency Securities |
| |||||||||||
Agency Obligations 1.1% | ||||||||||||
Fannie Mae, 5.63%, 07/15/37(e) |
USD | 1,600 | 1,706,823 | |||||||||
Resolution Funding Corp. Principal Strip, 0.00%, 04/15/30(j) |
6,055 | 4,346,484 | ||||||||||
|
|
|||||||||||
6,053,307 | ||||||||||||
Collateralized Mortgage Obligations(e) 4.9% | ||||||||||||
Fannie Mae REMICS |
||||||||||||
Series 2015-47, Class GL, 3.50%, 07/25/45 |
1,636 | 1,342,374 | ||||||||||
Series 2022-25, Class KL, 4.00%, 05/25/52 |
14,500 | 12,108,915 | ||||||||||
Freddie Mac REMICS |
||||||||||||
Series 4350, Class DY, 4.00%, 06/15/44 |
1,664 | 1,528,524 | ||||||||||
Series 4398, Class ZX, 4.00%, 09/15/54 |
10,993 | 9,127,943 | ||||||||||
Series 4549, Class TZ, 4.00%, 11/15/45 |
3,073 | 2,756,290 | ||||||||||
|
|
|||||||||||
26,864,046 |
23 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) (Percentages shown are based on Net Assets) |
Security | Par (000) |
Value | ||||||||||
Interest Only Collateralized Mortgage Obligations 0.1% | ||||||||||||
Fannie Mae REMICS, Series 2012-47, Class NI, 4.50%, 04/25/42 |
USD | 811 | $ | 146,812 | ||||||||
Ginnie Mae(a) |
||||||||||||
Series 2009-116, Class KS, (1-mo. Term SOFR + 6.36%), 1.03%, 12/16/39 |
605 | 35,194 | ||||||||||
Series 2011-52, Class NS, (1-mo. Term SOFR + 6.56%), 1.23%, 04/16/41 |
4,942 | 269,496 | ||||||||||
|
|
|||||||||||
451,502 | ||||||||||||
Mortgage-Backed Securities(e) 18.7% | ||||||||||||
Fannie Mae Mortgage-Backed Securities |
||||||||||||
4.50%, 07/01/55 |
2,805 | 2,639,614 | ||||||||||
4.00%, 02/01/56 - 04/01/56 |
2,990 | 2,723,363 | ||||||||||
Freddie Mac Mortgage-Backed Securities, 4.50%, 03/01/47 |
566 | 535,834 | ||||||||||
Ginnie Mae Mortgage-Backed Securities, 5.50%, 08/15/33 |
24 | 23,684 | ||||||||||
Uniform Mortgage-Backed Securities |
||||||||||||
1.50%, 05/01/31 |
6,447 | 5,786,351 | ||||||||||
5.00%, 08/01/34 - 10/12/53(p) |
22,387 | 21,533,736 | ||||||||||
4.50%, 06/01/37 - 10/13/52(p) |
17,748 | 16,508,792 | ||||||||||
5.50%, 12/01/37 - 10/12/53(p) |
23,596 | 22,995,844 | ||||||||||
6.00%, 12/01/38 |
205 | 208,050 | ||||||||||
4.00%, 10/01/49 - 09/01/52 |
7,262 | 6,535,758 | ||||||||||
3.00%, 02/01/52 |
7,002 | 5,793,098 | ||||||||||
3.50%, 04/01/52 - 04/01/53 |
13,270 | 11,450,834 | ||||||||||
6.50%, 10/01/53 |
5,700 | 5,727,479 | ||||||||||
|
|
|||||||||||
102,462,437 | ||||||||||||
|
|
|||||||||||
Total U.S. Government Sponsored Agency |
|
135,831,292 | ||||||||||
|
|
|||||||||||
U.S. Treasury Obligations |
||||||||||||
U.S. Treasury Bonds(e) |
||||||||||||
3.00%, 11/15/44 |
33,795 | 25,223,479 | ||||||||||
2.50%, 02/15/46 |
57,350 | 38,487,227 | ||||||||||
2.75%, 11/15/47 |
2,000 | 1,394,688 | ||||||||||
U.S. Treasury Notes, 3.63%, 05/31/28(e) |
5,000 | 4,792,187 | ||||||||||
|
|
|||||||||||
Total U.S. Treasury Obligations 12.7% |
|
69,897,581 | ||||||||||
|
|
|||||||||||
Total Long-Term Investments 153.3% |
|
840,156,651 | ||||||||||
|
|
|||||||||||
Shares | ||||||||||||
Short-Term Securities |
||||||||||||
Money Market Funds 0.6% | ||||||||||||
BlackRock Liquidity Funds, T-Fund, Institutional Class, 5.23%(q)(r) |
3,463,711 | 3,463,711 | ||||||||||
|
|
Security | Par (000) |
Value | ||||||||||
U.S. Treasury Obligations 6.2% | ||||||||||||
U.S. Treasury Bills, 5.34%, 12/14/23(e)(s) |
USD | 34,000 | $ | 33,634,595 | ||||||||
|
|
|||||||||||
Total Short-Term Securities 6.8% |
37,098,306 | |||||||||||
|
|
|||||||||||
Total Investments Before TBA Sale |
|
877,254,957 | ||||||||||
TBA Sale Commitments |
||||||||||||
Mortgage-Backed Securities (0.5)% | ||||||||||||
Uniform Mortgage-Backed Securities, 4.00%, 10/12/53(p) |
(3,000 | ) | (2,670,703 | ) | ||||||||
|
|
|||||||||||
Total TBA Sale Commitments (0.5)% |
|
(2,670,703 | ) | |||||||||
|
|
|||||||||||
Total Investments, Net of TBA Sale (Cost: $962,267,661) |
|
874,584,254 | ||||||||||
Liabilities in Excess of Other Assets (59.6)% |
|
(326,659,299 | ) | |||||||||
|
|
|||||||||||
Net Assets 100.0% |
$ | 547,924,955 | ||||||||||
|
|
(a) | 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. |
(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) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
(d) | This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933. |
(e) | All or a portion of the security has been pledged as collateral in connection with outstanding reverse repurchase agreements. |
(f) | Perpetual security with no stated maturity date. |
(g) | Payment-in-kind security which may pay interest/dividends in additional par/shares and/or in cash. Rates shown are the current rate and possible payment rates. |
(h) | When-issued security. |
(i) | Convertible security. |
(j) | Zero-coupon bond. |
(k) | Issuer filed for bankruptcy and/or is in default. |
(l) | Non-income producing security. |
(m) | Represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate. |
(n) | Rounds to less than 1,000. |
(o) | 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. |
(p) | Represents or includes a TBA transaction. |
(q) | Affiliate of the Trust. |
(r) | Annualized 7-day yield as of period end. |
(s) | Rates are discount rates or a range of discount rates as of period end. |
For Trust compliance purposes, the Trusts industry classifications refer to one or more of the industry sub-classifications used by one or more widely recognized market indexes or rating group indexes, and/or as defined by the investment adviser. These definitions may not apply for purposes of this report, which may combine such industry sub-classifications for reporting ease.
S C H E D U L E O F I N V E S T M E N T S | 24 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) |
Affiliates
Investments in issuers considered to be affiliate(s) of the Trust during the period ended September 30, 2023 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:
Affiliated Issuer | Value at 12/31/22 |
Purchases at Cost |
Proceeds from Sales |
Net Realized Gain (Loss) |
Change in Unrealized Appreciation (Depreciation) |
Value at 09/30/23 |
Shares Held at 09/30/23 |
Income | Capital Gain Distributions from Underlying Funds |
|||||||||||||||||||||||||||
BlackRock Liquidity Funds, T-Fund, Institutional Class |
$ | 2,477,689 | $ | 986,022 | (a) | $ | | $ | | $ | | $ | 3,463,711 | 3,463,711 | $ | 270,466 | $ | | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
(a) | Represents net amount purchased (sold). |
Reverse Repurchase Agreements
Counterparty | |
Interest Rate |
|
|
Trade Date |
|
|
Maturity Date |
(a) |
Face Value | |
Face Value Including Accrued Interest |
|
Type of Non-Cash Underlying Collateral |
|
Remaining Contractual Maturity of the Agreements |
(a) | |||||||||
BNP Paribas SA |
4.67 | %(b) | 02/27/23 | Open | $ | 1,810,000 | $ | 1,860,466 | U.S. Government Sponsored Agency Securities |
Open/Demand | ||||||||||||||||
Nomura Securities International, Inc. |
5.48 | (b) | 06/30/23 | Open | 122,228 | 123,852 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.42 | (b) | 07/06/23 | Open | 1,282,500 | 1,298,616 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.30 | (b) | 07/12/23 | Open | 384,787 | 389,189 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.48 | (b) | 07/19/23 | Open | 312,987 | 316,374 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.15 | (b) | 07/25/23 | Open | 177,650 | 179,308 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.45 | (b) | 07/25/23 | Open | 165,880 | 167,521 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.45 | (b) | 07/25/23 | Open | 367,000 | 370,631 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.48 | (b) | 07/26/23 | Open | 518,545 | 523,629 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Goldman Sachs & Co. LLC |
5.45 | (b) | 07/28/23 | Open | 318,512 | 321,502 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.40 | (b) | 07/31/23 | Open | 1,769,680 | 1,785,873 | Capital Trusts | Open/Demand | ||||||||||||||||||
Goldman Sachs & Co. LLC |
5.25 | (b) | 07/31/23 | Open | 151,372 | 152,719 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Goldman Sachs & Co. LLC |
5.35 | (b) | 07/31/23 | Open | 190,038 | 191,760 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Goldman Sachs & Co. LLC |
5.35 | (b) | 07/31/23 | Open | 416,277 | 420,050 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Goldman Sachs & Co. LLC |
5.45 | (b) | 07/31/23 | Open | 572,920 | 578,210 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Goldman Sachs & Co. LLC |
5.45 | (b) | 07/31/23 | Open | 1,003,750 | 1,013,019 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.35 | (b) | 08/01/23 | Open | 962,036 | 970,614 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.39 | (b) | 08/01/23 | Open | 38,875 | 39,224 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Goldman Sachs & Co. LLC |
5.45 | (b) | 08/01/23 | Open | 434,970 | 438,921 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Goldman Sachs & Co. LLC |
5.45 | (b) | 08/01/23 | Open | 142,529 | 143,823 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.48 | (b) | 08/01/23 | Open | 398,221 | 401,858 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.48 | (b) | 08/01/23 | Open | 953,325 | 962,032 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.48 | (b) | 08/01/23 | Open | 106,363 | 107,334 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.47 | (b) | 08/02/23 | Open | 433,011 | 436,893 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Barclays Capital, Inc. |
(1.75 | )(b) | 08/04/23 | Open | 165,734 | 165,291 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Barclays Capital, Inc. |
1.00 | (b) | 08/04/23 | Open | 151,436 | 151,668 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
4.50 | (b) | 08/04/23 | Open | 150,293 | 151,326 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.15 | (b) | 08/04/23 | Open | 114,845 | 115,749 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.18 | (b) | 08/04/23 | Open | 931,250 | 938,620 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.25 | (b) | 08/04/23 | Open | 720,692 | 726,473 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.30 | (b) | 08/04/23 | Open | 258,500 | 260,593 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.35 | (b) | 08/04/23 | Open | 218,213 | 219,996 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.37 | (b) | 08/04/23 | Open | 100,350 | 101,173 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.37 | (b) | 08/04/23 | Open | 1,070,000 | 1,078,778 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.39 | (b) | 08/04/23 | Open | 83,190 | 83,875 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.39 | (b) | 08/04/23 | Open | 1,557,206 | 1,570,029 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.41 | (b) | 08/04/23 | Open | 260,275 | 262,426 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.44 | (b) | 08/04/23 | Open | 163,350 | 164,708 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.45 | (b) | 08/04/23 | Open | 135,000 | 136,124 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.45 | (b) | 08/04/23 | Open | 198,949 | 200,605 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.45 | (b) | 08/04/23 | Open | 418,750 | 422,237 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.45 | (b) | 08/04/23 | Open | 1,057,980 | 1,066,789 | Capital Trusts | Open/Demand | ||||||||||||||||||
Goldman Sachs & Co. LLC |
5.00 | (b) | 08/04/23 | Open | 853,125 | 859,642 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Goldman Sachs & Co. LLC |
5.25 | (b) | 08/04/23 | Open | 251,381 | 253,398 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Goldman Sachs & Co. LLC |
5.45 | (b) | 08/04/23 | Open | 3,071,250 | 3,096,822 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Goldman Sachs & Co. LLC |
5.45 | (b) | 08/04/23 | Open | 1,852,500 | 1,867,925 | Corporate Bonds | Open/Demand |
25 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) |
Reverse Repurchase Agreements (continued)
Counterparty | |
Interest Rate |
|
|
Trade Date |
|
|
Maturity Date |
(a) |
Face Value | |
Face Value Including Accrued Interest |
|
Type of Non-Cash Underlying Collateral |
|
Remaining Contractual Maturity of the Agreements |
(a) | |||||||||
Goldman Sachs & Co. LLC |
5.45 | %(b) | 08/04/23 | Open | $ | 928,750 | $ | 936,483 | Corporate Bonds | Open/Demand | ||||||||||||||||
Goldman Sachs & Co. LLC |
5.45 | (b) | 08/04/23 | Open | 2,655,000 | 2,677,107 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Goldman Sachs & Co. LLC |
5.45 | (b) | 08/04/23 | Open | 389,375 | 392,617 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Goldman Sachs & Co. LLC |
5.45 | (b) | 08/04/23 | Open | 136,105 | 137,238 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.35 | (b) | 08/04/23 | Open | 376,132 | 379,207 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.48 | (b) | 08/04/23 | Open | 309,000 | 311,587 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.48 | (b) | 08/04/23 | Open | 172,003 | 173,443 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.48 | (b) | 08/04/23 | Open | 351,090 | 354,029 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.48 | (b) | 08/04/23 | Open | 609,471 | 614,574 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.48 | (b) | 08/04/23 | Open | 187,500 | 189,070 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.48 | (b) | 08/04/23 | Open | 157,500 | 158,819 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.48 | (b) | 08/04/23 | Open | 180,968 | 182,483 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.48 | (b) | 08/04/23 | Open | 83,543 | 84,242 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.48 | (b) | 08/04/23 | Open | 172,500 | 173,944 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.48 | (b) | 08/04/23 | Open | 991,250 | 999,549 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.48 | (b) | 08/04/23 | Open | 271,000 | 273,269 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.48 | (b) | 08/04/23 | Open | 85,838 | 86,556 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.48 | (b) | 08/04/23 | Open | 910,000 | 917,619 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.48 | (b) | 08/04/23 | Open | 122,744 | 123,771 | Corporate Bonds | Open/Demand | ||||||||||||||||||
TD Securities (USA) LLC |
5.48 | (b) | 08/04/23 | Open | 5,237,500 | 5,281,350 | Corporate Bonds | Open/Demand | ||||||||||||||||||
TD Securities (USA) LLC |
5.49 | (b) | 08/04/23 | Open | 3,890,600 | 3,923,232 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.42 | (b) | 08/15/23 | Open | 340,545 | 342,903 | Corporate Bonds | Open/Demand | ||||||||||||||||||
TD Securities (USA) LLC |
5.49 | (b) | 08/21/23 | Open | 3,916,026 | 3,940,511 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.45 | (b) | 08/22/23 | Open | 1,664,950 | 1,674,780 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.48 | (b) | 08/22/23 | Open | 908,750 | 914,145 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.48 | (b) | 08/22/23 | Open | 215,629 | 216,910 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.45 | (b) | 08/29/23 | Open | 347,618 | 349,302 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
4.50 | (b) | 08/29/23 | Open | 79,375 | 79,693 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.35 | (b) | 08/29/23 | Open | 235,689 | 236,810 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.35 | (b) | 08/29/23 | Open | 266,901 | 268,171 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.35 | (b) | 08/29/23 | Open | 199,477 | 200,425 | Foreign Agency Obligations | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.35 | (b) | 08/29/23 | Open | 462,187 | 464,385 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.35 | (b) | 08/29/23 | Open | 170,106 | 170,915 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Goldman Sachs & Co. LLC |
5.45 | (b) | 08/31/23 | Open | 1,966,125 | 1,975,054 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.40 | (b) | 09/05/23 | Open | 17,781,250 | 17,847,436 | U.S. Treasury Obligations | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.40 | (b) | 09/05/23 | Open | 26,909,269 | 27,009,431 | U.S. Treasury Obligations | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.42 | (b) | 09/05/23 | Open | 204,166 | 204,935 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BNP Paribas SA |
5.45 | (b) | 09/05/23 | Open | 275,250 | 276,292 | Capital Trusts | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.42 | (b) | 09/05/23 | Open | 23,008,937 | 23,094,901 | U.S. Treasury Obligations | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.42 | (b) | 09/05/23 | Open | 4,887,500 | 4,905,760 | U.S. Treasury Obligations | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.42 | (b) | 09/05/23 | Open | 1,495,000 | 1,500,585 | U.S. Treasury Obligations | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.42 | (b) | 09/05/23 | Open | 33,510,400 | 33,632,179 | U.S. Treasury Obligations | Open/Demand | ||||||||||||||||||
TD Securities (USA) LLC |
5.49 | (b) | 09/05/23 | Open | 2,568,750 | 2,578,543 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.48 | (b) | 09/06/23 | Open | 534,614 | 536,567 | Corporate Bonds | Open/Demand | ||||||||||||||||||
J.P. Morgan Securities LLC |
4.50 | 09/12/23 | 10/18/23 | 146,644 | 146,974 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
J.P. Morgan Securities LLC |
5.40 | 09/12/23 | 10/18/23 | 110,250 | 110,548 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
J.P. Morgan Securities LLC |
5.40 | 09/12/23 | 10/18/23 | 132,750 | 133,108 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
J.P. Morgan Securities LLC |
5.40 | 09/12/23 | 10/18/23 | 89,518 | 89,759 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
J.P. Morgan Securities LLC |
5.40 | 09/12/23 | 10/18/23 | 89,375 | 89,616 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
J.P. Morgan Securities LLC |
5.40 | 09/12/23 | 10/18/23 | 191,625 | 192,142 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
J.P. Morgan Securities LLC |
5.45 | 09/12/23 | 10/18/23 | 721,250 | 723,215 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
J.P. Morgan Securities LLC |
5.45 | 09/12/23 | 10/18/23 | 1,048,250 | 1,051,106 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
J.P. Morgan Securities LLC |
5.45 | 09/12/23 | 10/18/23 | 1,669,660 | 1,674,210 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
J.P. Morgan Securities LLC |
5.45 | 09/12/23 | 10/18/23 | 225,675 | 226,290 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
J.P. Morgan Securities LLC |
5.45 | 09/12/23 | 10/18/23 | 335,421 | 336,335 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
J.P. Morgan Securities LLC |
5.45 | 09/12/23 | 10/18/23 | 81,454 | 81,676 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 2,733,386 | 2,740,421 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 1,746,522 | 1,751,017 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 1,220,719 | 1,223,861 | U.S. Government Sponsored Agency Securities |
Up to 30 Days |
S C H E D U L E O F I N V E S T M E N T S | 26 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) |
Reverse Repurchase Agreements (continued)
Counterparty | |
Interest Rate |
|
|
Trade Date |
|
|
Maturity Date |
(a) |
Face Value | |
Face Value Including Accrued Interest |
|
Type of Non-Cash Underlying Collateral |
|
Remaining Contractual Maturity of the Agreements |
(a) | |||||||||
Deutsche Bank Securities, Inc. |
5.45 | % | 09/13/23 | 10/12/23 | $ | 249,968 | $ | 250,611 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | ||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 1,574,140 | 1,578,192 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 486,399 | 487,651 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 203,897 | 204,422 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 5,201,096 | 5,214,481 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 5,592,917 | 5,607,311 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 4,460,948 | 4,472,429 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 23,241 | 23,300 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 1,910,401 | 1,915,317 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 794,637 | 796,682 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 2,047,838 | 2,053,108 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 2,617,915 | 2,624,652 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 286,687 | 287,425 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 5,769,846 | 5,784,695 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 178,088 | 178,546 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 1,703,286 | 1,707,670 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 1,721,705 | 1,726,136 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 1,923,008 | 1,927,957 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 1,168,908 | 1,171,916 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 1,980,359 | 1,985,455 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 1,915,104 | 1,920,032 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 632,283 | 633,910 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 1,049,467 | 1,052,168 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 343,395 | 344,279 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 267,591 | 268,280 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 1,725,769 | 1,730,210 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 1,485,744 | 1,489,568 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 1,835,294 | 1,840,017 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 1,597,672 | 1,601,784 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 531,398 | 532,766 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Deutsche Bank Securities, Inc. |
5.45 | 09/13/23 | 10/12/23 | 5,624,036 | 5,638,510 | U.S. Government Sponsored Agency Securities |
Up to 30 Days |
27 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) |
Reverse Repurchase Agreements (continued)
Counterparty | |
Interest Rate |
|
|
Trade Date |
|
|
Maturity Date |
(a) |
Face Value | |
Face Value Including Accrued Interest |
|
Type of Non-Cash Underlying Collateral |
|
Remaining Contractual Maturity of the Agreements |
(a) | |||||||||
Barclays Capital, Inc. |
(3.75 | )% | 09/13/23 | 10/19/23 | $ | 66,110 | $ | 66,089 | Corporate Bonds | Up to 30 Days | ||||||||||||||||
Barclays Capital, Inc. |
4.75 | 09/13/23 | 10/19/23 | 312,080 | 312,780 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
Barclays Capital, Inc. |
5.45 | 09/13/23 | 10/19/23 | 169,434 | 169,870 | Capital Trusts | Up to 30 Days | |||||||||||||||||||
Barclays Capital, Inc. |
5.45 | 09/13/23 | 10/19/23 | 166,500 | 166,929 | Capital Trusts | Up to 30 Days | |||||||||||||||||||
Barclays Capital, Inc. |
5.45 | 09/13/23 | 10/19/23 | 3,530,000 | 3,539,085 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
Barclays Capital, Inc. |
5.45 | 09/13/23 | 10/19/23 | 104,895 | 105,165 | Capital Trusts | Up to 30 Days | |||||||||||||||||||
Barclays Capital, Inc. |
5.45 | 09/13/23 | 10/19/23 | 199,085 | 199,597 | Capital Trusts | Up to 30 Days | |||||||||||||||||||
Barclays Capital, Inc. |
5.45 | 09/13/23 | 10/19/23 | 1,194,375 | 1,197,449 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
Barclays Capital, Inc. |
5.45 | 09/13/23 | 10/19/23 | 1,181,250 | 1,184,290 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
Barclays Capital, Inc. |
5.45 | 09/13/23 | 10/19/23 | 1,073,812 | 1,076,576 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
Barclays Capital, Inc. |
5.45 | 09/13/23 | 10/19/23 | 897,500 | 899,810 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
Barclays Capital, Inc. |
5.45 | 09/13/23 | 10/19/23 | 987,500 | 990,041 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
Barclays Capital, Inc. |
5.45 | 09/13/23 | 10/19/23 | 750,000 | 751,930 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
Barclays Capital, Inc. |
5.45 | 09/13/23 | 10/19/23 | 943,984 | 946,413 | Capital Trusts | Up to 30 Days | |||||||||||||||||||
Nomura Securities International, Inc. |
5.48 | (b) | 09/13/23 | Open | 95,498 | 95,745 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Royal Bank of Canada |
5.47 | 09/14/23 | 10/11/23 | 1,511,984 | 1,515,659 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Royal Bank of Canada |
5.47 | 09/14/23 | 10/11/23 | 12,603,084 | 12,633,723 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Royal Bank of Canada |
5.47 | 09/14/23 | 10/11/23 | 1,391,543 | 1,394,926 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Royal Bank of Canada |
5.47 | 09/14/23 | 10/11/23 | 9,420,552 | 9,443,455 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
Royal Bank of Canada |
5.47 | 09/14/23 | 10/11/23 | 2,748,993 | 2,755,677 | U.S. Government Sponsored Agency Securities |
Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
0.25 | 09/14/23 | 10/20/23 | 272,019 | 272,049 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
2.50 | 09/14/23 | 10/20/23 | 317,839 | 318,192 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
3.25 | 09/14/23 | 10/20/23 | 274,231 | 274,627 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
3.50 | 09/14/23 | 10/20/23 | 232,522 | 232,884 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
4.15 | 09/14/23 | 10/20/23 | 90,000 | 90,166 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
4.25 | 09/14/23 | 10/20/23 | 76,977 | 77,122 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.15 | 09/14/23 | 10/20/23 | 258,889 | 259,481 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.15 | 09/14/23 | 10/20/23 | 526,452 | 527,657 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.20 | 09/14/23 | 10/20/23 | 243,656 | 244,219 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.25 | 09/14/23 | 10/20/23 | 143,360 | 143,695 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.25 | 09/14/23 | 10/20/23 | 136,581 | 136,900 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.25 | 09/14/23 | 10/20/23 | 579,262 | 580,614 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.32 | 09/14/23 | 10/20/23 | 135,157 | 135,477 | Foreign Agency Obligations | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.33 | 09/14/23 | 10/20/23 | 131,133 | 131,444 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.35 | 09/14/23 | 10/20/23 | 482,802 | 483,951 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.35 | 09/14/23 | 10/20/23 | 76,375 | 76,557 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.35 | 09/14/23 | 10/20/23 | 158,919 | 159,297 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.40 | 09/14/23 | 10/20/23 | 226,908 | 227,452 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.40 | 09/14/23 | 10/20/23 | 626,216 | 627,719 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.40 | 09/14/23 | 10/20/23 | 354,344 | 355,194 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.40 | 09/14/23 | 10/20/23 | 121,550 | 121,842 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.40 | 09/14/23 | 10/20/23 | 320,580 | 321,349 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.40 | 09/14/23 | 10/20/23 | 251,625 | 252,229 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.40 | 09/14/23 | 10/20/23 | 127,538 | 127,844 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.40 | 09/14/23 | 10/20/23 | 292,197 | 292,899 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.40 | 09/14/23 | 10/20/23 | 261,800 | 262,428 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.40 | 09/14/23 | 10/20/23 | 199,060 | 199,538 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.40 | 09/14/23 | 10/20/23 | 86,394 | 86,601 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.40 | 09/14/23 | 10/20/23 | 99,830 | 100,070 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.40 | 09/14/23 | 10/20/23 | 303,162 | 303,890 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.40 | 09/14/23 | 10/20/23 | 227,265 | 227,810 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.40 | 09/14/23 | 10/20/23 | 383,125 | 384,045 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.40 | 09/14/23 | 10/20/23 | 429,375 | 430,406 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.40 | 09/14/23 | 10/20/23 | 1,194,375 | 1,197,241 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.40 | 09/14/23 | 10/20/23 | 561,000 | 562,346 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.40 | 09/14/23 | 10/20/23 | 393,750 | 394,695 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.45 | 09/14/23 | 10/20/23 | 100,760 | 101,004 | Corporate Bonds | Up to 30 Days |
S C H E D U L E O F I N V E S T M E N T S | 28 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) |
Reverse Repurchase Agreements (continued)
Counterparty | |
Interest Rate |
|
|
Trade Date |
|
|
Maturity Date |
(a) |
Face Value | |
Face Value Including Accrued Interest |
|
Type of Non-Cash Underlying Collateral |
|
Remaining Contractual Maturity of the Agreements(a) |
| |||||||||
BofA Securities, Inc. |
5.45 | % | 09/14/23 | 10/20/23 | $ | 193,475 | $ | 193,944 | Corporate Bonds | Up to 30 Days | ||||||||||||||||
BofA Securities, Inc. |
5.45 | 09/14/23 | 10/20/23 | 118,695 | 118,983 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.45 | 09/14/23 | 10/20/23 | 218,120 | 218,648 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.45 | 09/14/23 | 10/20/23 | 136,895 | 137,227 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.45 | 09/14/23 | 10/20/23 | 136,581 | 136,912 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.45 | 09/14/23 | 10/20/23 | 125,471 | 125,775 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.45 | 09/14/23 | 10/20/23 | 754,912 | 756,741 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.45 | 09/14/23 | 10/20/23 | 162,435 | 162,828 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.45 | 09/14/23 | 10/20/23 | 371,806 | 372,707 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.45 | 09/14/23 | 10/20/23 | 785,000 | 786,901 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.45 | 09/14/23 | 10/20/23 | 438,750 | 439,813 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.45 | 09/14/23 | 10/20/23 | 518,392 | 519,648 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.45 | 09/14/23 | 10/20/23 | 1,139,156 | 1,141,916 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.45 | 09/14/23 | 10/20/23 | 794,520 | 796,445 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.45 | 09/14/23 | 10/20/23 | 1,403,625 | 1,407,025 | Capital Trusts | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.45 | 09/14/23 | 10/20/23 | 1,532,812 | 1,536,525 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.45 | 09/18/23 | 10/20/23 | 182,793 | 183,125 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
Nomura Securities International, Inc. |
5.35 | (b) | 09/22/23 | Open | 119,253 | 119,359 | Corporate Bonds | Open/Demand | ||||||||||||||||||
J.P. Morgan Securities LLC |
5.25 | 09/25/23 | 10/18/23 | 142,048 | 142,151 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
J.P. Morgan Securities LLC |
5.30 | 09/25/23 | 10/18/23 | 136,408 | 136,508 | Foreign Agency Obligations | Up to 30 Days | |||||||||||||||||||
J.P. Morgan Securities LLC |
5.35 | 09/25/23 | 10/18/23 | 75,306 | 75,362 | Foreign Agency Obligations | Up to 30 Days | |||||||||||||||||||
J.P. Morgan Securities LLC |
5.45 | 09/25/23 | 10/18/23 | 260,383 | 260,580 | Foreign Agency Obligations | Up to 30 Days | |||||||||||||||||||
Nomura Securities International, Inc. |
5.48 | (b) | 09/25/23 | Open | 126,910 | 127,007 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.48 | (b) | 09/25/23 | Open | 124,575 | 124,670 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.48 | (b) | 09/25/23 | Open | 150,599 | 150,713 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.48 | (b) | 09/25/23 | Open | 110,940 | 111,024 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Barclays Capital, Inc. |
5.49 | 09/26/23 | 10/19/23 | 2,082,000 | 2,083,588 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
Barclays Capital, Inc. |
5.49 | 09/26/23 | 10/19/23 | 2,195,882 | 2,197,557 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
Barclays Capital, Inc. |
5.65 | 09/28/23 | 10/19/23 | 190,365 | 190,425 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.45 | 09/28/23 | 10/20/23 | 2,532,000 | 2,532,767 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
BofA Securities, Inc. |
5.45 | 09/28/23 | 10/20/23 | 2,763,750 | 2,764,587 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
Nomura Securities International, Inc. |
5.32 | (b) | 09/28/23 | Open | 378,087 | 378,199 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.32 | (b) | 09/28/23 | Open | 467,500 | 467,638 | Corporate Bonds | Open/Demand | ||||||||||||||||||
Nomura Securities International, Inc. |
5.48 | (b) | 09/28/23 | Open | 104,800 | 104,832 | Corporate Bonds | Open/Demand | ||||||||||||||||||
BofA Securities, Inc. |
5.45 | 09/29/23 | 10/20/23 | 144,178 | 144,178 | Corporate Bonds | Up to 30 Days | |||||||||||||||||||
|
|
|
|
|||||||||||||||||||||||
$ | 305,593,273 | $ | 306,810,696 | |||||||||||||||||||||||
|
|
|
|
(a) | Certain agreements have no stated maturity and can be terminated by either party at any time. |
(b) | Variable rate security. Rate as of period end and maturity is the date the principal owed can be recovered through demand. |
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts
Description | Number of Contracts |
Expiration Date |
Notional Amount (000) |
Value/ Unrealized Appreciation (Depreciation) |
||||||||||||
Long Contracts |
||||||||||||||||
10-Year U.S. Ultra Long Treasury Note |
378 | 12/19/23 | $ | 42,159 | $ | (1,116,122 | ) | |||||||||
Ultra U.S. Treasury Bond |
634 | 12/19/23 | 75,367 | (5,586,925 | ) | |||||||||||
5-Year U.S. Treasury Note |
192 | 12/29/23 | 20,223 | (107,480 | ) | |||||||||||
|
|
|||||||||||||||
(6,810,527 | ) | |||||||||||||||
|
|
|||||||||||||||
Short Contracts |
||||||||||||||||
10-Year U.S. Treasury Note |
949 | 12/19/23 | 102,507 | 2,073,088 | ||||||||||||
U.S. Long Bond |
167 | 12/19/23 | 19,012 | 1,046,142 | ||||||||||||
2-Year U.S. Treasury Note |
15 | 12/29/23 | 3,040 | 9,146 | ||||||||||||
|
|
|||||||||||||||
3,128,376 | ||||||||||||||||
|
|
|||||||||||||||
$ | (3,682,151 | ) | ||||||||||||||
|
|
29 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) |
Forward Foreign Currency Exchange Contracts
Currency Purchased | Currency Sold | Counterparty | Settlement Date | Unrealized Appreciation (Depreciation) |
||||||||||||||||||
USD | 368,717 | EUR | 342,242 | JPMorgan Chase Bank N.A. | 12/14/23 | $ | 5,696 | |||||||||||||||
USD | 115,051 | CAD | 155,000 | Toronto-Dominion Bank | 12/20/23 | 793 | ||||||||||||||||
USD | 5,635,064 | EUR | 5,260,000 | UBS AG | 12/20/23 | 53,540 | ||||||||||||||||
USD | 630,293 | GBP | 509,000 | Barclays Bank PLC | 12/20/23 | 8,925 | ||||||||||||||||
|
|
|||||||||||||||||||||
68,954 | ||||||||||||||||||||||
|
|
|||||||||||||||||||||
USD | 12,694 | EUR | 12,000 | Royal Bank of Canada | 12/20/23 | (40 | ) | |||||||||||||||
|
|
|||||||||||||||||||||
$ | 68,914 | |||||||||||||||||||||
|
|
Centrally Cleared Credit Default Swaps Buy Protection
Reference Obligation/Index | Financing Rate Paid by the Trust |
Payment Frequency |
Termination Date |
Notional Amount (000) |
Value | Upfront Premium Paid (Received) |
Unrealized Appreciation (Depreciation) |
|||||||||||||||||||||
CDX.NA.IG.41.V1 |
1.00 | % | Quarterly | 12/20/28 | USD 26,090 | $ | (321,496 | ) | $ | (375,233 | ) | $ | 53,737 | |||||||||||||||
|
|
|
|
|
|
Centrally Cleared Interest Rate Swaps
Paid by the Trust |
Received by the Trust |
Effective Date |
Termination Date |
Notional Amount (000) |
Value |
Upfront Premium Paid (Received) |
Unrealized Appreciation (Depreciation) |
|||||||||||||||||||||||||
Rate | Frequency | Rate | Frequency | |||||||||||||||||||||||||||||
1-Day SOFR, 5.31% | Annual | 3.53% | Annual | N/A | 11/10/52 | USD | 3,200 | $ | (310,301 | ) | $ | 98 | $ | (310,399 | ) | |||||||||||||||||
1-Day SOFR, 5.31% | Annual | 3.06% | Annual | N/A | 11/28/52 | USD | 2,000 | (357,833 | ) | 61 | (357,894 | ) | ||||||||||||||||||||
1-Day SOFR, 5.31% | Annual | 3.05% | Annual | N/A | 12/01/52 | USD | 1,500 | (269,851 | ) | 46 | (269,897 | ) | ||||||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||||||||||
$ | (937,985 | ) | $ | 205 | $ | (938,190 | ) | |||||||||||||||||||||||||
|
|
|
|
|
|
OTC Credit Default Swaps Sell Protection
Reference Obligation/Index | Financing Rate Received by the Trust |
Payment Frequency |
Counterparty | Termination Date |
Credit Rating(a) |
Notional |
Value | Upfront Premium Paid (Received) |
Unrealized Appreciation (Depreciation) |
|||||||||||||||||||||||||||||||
Thyssenkrupp AG |
1.00 | % | Quarterly | Bank of America N.A. |
12/20/23 | BB | EUR | 10 | $ | 22 | $ | (41 | ) | $ | 63 | |||||||||||||||||||||||||
Virgin Media Finance PLC |
5.00 | Quarterly | JPMorgan Chase Bank N.A. |
12/20/25 | B | EUR | 10 | 709 | 662 | 47 | ||||||||||||||||||||||||||||||
Jaguar Land Rover Automotive PLC |
5.00 | Quarterly | Bank of America N.A. |
06/20/26 | BB- | EUR | 10 | 332 | (241 | ) | 573 | |||||||||||||||||||||||||||||
Jaguar Land Rover Automotive PLC |
5.00 | Quarterly | Credit Suisse International |
12/20/26 | BB- | EUR | 5 | 93 | 152 | (59 | ) | |||||||||||||||||||||||||||||
Jaguar Land Rover Automotive PLC |
5.00 | Quarterly | Credit Suisse International |
12/20/26 | BB- | EUR | 25 | 469 | 716 | (247 | ) | |||||||||||||||||||||||||||||
CMA CGM SA |
5.00 | Quarterly | Credit Suisse International |
06/20/27 | N/R | EUR | 20 | 2,576 | 697 | 1,879 | ||||||||||||||||||||||||||||||
Ladbrokes Coral Group Ltd. |
1.00 | Quarterly | JPMorgan Chase Bank N.A. |
06/20/27 | N/R | EUR | 10 | (256 | ) | (843 | ) | 587 | ||||||||||||||||||||||||||||
Ladbrokes Coral Group Ltd. |
1.00 | Quarterly | JPMorgan Chase Bank N.A. |
06/20/27 | N/R | EUR | 30 | (768 | ) | (4,033 | ) | 3,265 | ||||||||||||||||||||||||||||
Adler Real Estate AG |
5.00 | Quarterly | Bank of America N.A. |
12/20/27 | CCC+ | EUR | 5 | (977 | ) | (1,077 | ) | 100 | ||||||||||||||||||||||||||||
Adler Real Estate AG |
5.00 | Quarterly | Barclays Bank PLC |
12/20/27 | CCC+ | EUR | 3 | (587 | ) | (635 | ) | 48 | ||||||||||||||||||||||||||||
Adler Real Estate AG |
5.00 | Quarterly | Barclays Bank PLC |
12/20/27 | CCC+ | EUR | 9 | (1,651 | ) | (1,786 | ) | 135 | ||||||||||||||||||||||||||||
Adler Real Estate AG |
5.00 | Quarterly | Citibank N.A. |
12/20/27 | CCC+ | EUR | 3 | (479 | ) | (533 | ) | 54 | ||||||||||||||||||||||||||||
Adler Real Estate AG |
5.00 | Quarterly | JPMorgan Chase Bank N.A. |
12/20/27 | CCC+ | EUR | 6 | (1,003 | ) | (1,112 | ) | 109 | ||||||||||||||||||||||||||||
Adler Real Estate AG |
5.00 | Quarterly | Morgan Stanley & Co. International PLC |
12/20/27 | CCC+ | EUR | 4 | (727 | ) | (793 | ) | 66 | ||||||||||||||||||||||||||||
United Group B.V. |
5.00 | Quarterly | Bank of America N.A. |
12/20/27 | B | EUR | 10 | (258 | ) | (1,335 | ) | 1,077 | ||||||||||||||||||||||||||||
CMBX.NA.15 |
3.00 | Monthly | Morgan Stanley & Co. International PLC |
11/15/64 | N/R | USD | 4,710 | (1,121,765 | ) | (876,132 | ) | (245,633 | ) | |||||||||||||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||||||||||||||||||
$ | (1,124,270 | ) | $ | (886,334 | ) | $ | (237,936 | ) | ||||||||||||||||||||||||||||||||
|
|
|
|
|
|
(a) | Using the rating of the issuer or the underlying securities of the index, as applicable, provided by S&P Global Ratings. |
(b) | The maximum potential amount the Trust may pay should a negative credit event take place as defined under the terms of the agreement. |
S C H E D U L E O F I N V E S T M E N T S | 30 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) |
Fair Value Hierarchy as of Period End
Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:
| Level 1 Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that the Trust 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 marketcorroborated 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 Committees 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 Trusts policy regarding valuation of financial instruments, refer to its most recent financial statements.
The following table summarizes the Trusts financial instruments categorized in the fair value hierarchy. The breakdown of the Trusts 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 |
||||||||||||||||
Asset-Backed Securities |
$ | | $ | 95,652,544 | $ | 573,786 | $ | 96,226,330 | ||||||||
Corporate Bonds |
||||||||||||||||
Aerospace & Defense |
| 14,164,508 | | 14,164,508 | ||||||||||||
Air Freight & Logistics |
| 60,662 | | 60,662 | ||||||||||||
Automobile Components |
| 3,402,548 | | 3,402,548 | ||||||||||||
Automobiles |
| 6,058,204 | | 6,058,204 | ||||||||||||
Banks |
| 7,269,132 | | 7,269,132 | ||||||||||||
Beverages |
| 9,232,142 | | 9,232,142 | ||||||||||||
Biotechnology |
| 3,390,442 | | 3,390,442 | ||||||||||||
Broadline Retail |
| 1,246,663 | | 1,246,663 | ||||||||||||
Building Materials |
| 2,718,482 | | 2,718,482 | ||||||||||||
Building Products |
| 6,820,360 | | 6,820,360 | ||||||||||||
Capital Markets |
| 7,608,089 | | 7,608,089 | ||||||||||||
Chemicals |
| 5,125,847 | | 5,125,847 | ||||||||||||
Commercial Services & Supplies |
| 5,261,379 | | 5,261,379 | ||||||||||||
Communications Equipment |
| 1,053,404 | | 1,053,404 | ||||||||||||
Construction & Engineering |
| 4,628,196 | | 4,628,196 | ||||||||||||
Construction Materials |
| 289,821 | | 289,821 | ||||||||||||
Consumer Discretionary |
| 5,958,789 | | 5,958,789 | ||||||||||||
Consumer Finance |
| 5,064,118 | | 5,064,118 | ||||||||||||
Consumer Staples Distribution & Retail |
| 2,848,090 | | 2,848,090 | ||||||||||||
Containers & Packaging |
| 2,104,032 | | 2,104,032 | ||||||||||||
Diversified Consumer Services |
| 3,803,392 | | 3,803,392 | ||||||||||||
Diversified REITs |
| 10,680,924 | | 10,680,924 | ||||||||||||
Diversified Telecommunication Services |
100,496 | 13,114,250 | | 13,214,746 | ||||||||||||
Education |
| 637,795 | | 637,795 | ||||||||||||
Electric Utilities |
| 26,276,107 | | 26,276,107 | ||||||||||||
Electrical Equipment |
| 1,408,658 | | 1,408,658 | ||||||||||||
Electronic Equipment, Instruments & Components |
| 2,005,855 | | 2,005,855 | ||||||||||||
Energy Equipment & Services |
| 2,060,765 | | 2,060,765 | ||||||||||||
Environmental, Maintenance & Security Service |
| 1,753,319 | | 1,753,319 | ||||||||||||
Financial Services |
| 28,444,714 | | 28,444,714 | ||||||||||||
Food Products |
| 2,231,063 | | 2,231,063 | ||||||||||||
Ground Transportation |
| 6,619,611 | | 6,619,611 | ||||||||||||
Health Care Equipment & Supplies |
| 3,994,674 | | 3,994,674 |
31 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) |
Fair Value Hierarchy as of Period End (continued)
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Corporate Bonds (continued) |
||||||||||||||||
Health Care Providers & Services |
$ | | $ | 10,641,668 | $ | | $ | 10,641,668 | ||||||||
Health Care Technology |
| 1,443,124 | | 1,443,124 | ||||||||||||
Hotels, Restaurants & Leisure |
| 10,311,884 | | 10,311,884 | ||||||||||||
Household Durables |
| 672,237 | | 672,237 | ||||||||||||
Household Products |
| 120,181 | | 120,181 | ||||||||||||
Independent Power and Renewable Electricity Producers |
| 1,141,177 | | 1,141,177 | ||||||||||||
Industrial Conglomerates |
| 2,136,272 | | 2,136,272 | ||||||||||||
Insurance |
| 12,876,482 | | 12,876,482 | ||||||||||||
Interactive Media & Services |
| 475,304 | | 475,304 | ||||||||||||
Internet Software & Services |
| 1,905,626 | | 1,905,626 | ||||||||||||
IT Services |
| 5,085,292 | | 5,085,292 | ||||||||||||
Leisure Products |
| 276,867 | | 276,867 | ||||||||||||
Life Sciences Tools & Services |
| 566,892 | | 566,892 | ||||||||||||
Machinery |
| 3,404,365 | | 3,404,365 | ||||||||||||
Media |
| 24,225,724 | | 24,225,724 | ||||||||||||
Metals & Mining |
| 5,220,016 | | 5,220,016 | ||||||||||||
Multi-Utilities |
| 1,401,181 | | 1,401,181 | ||||||||||||
Offshore Drilling & Other Services |
| 1,217,798 | | 1,217,798 | ||||||||||||
Oil, Gas & Consumable Fuels |
| 40,231,876 | | 40,231,876 | ||||||||||||
Passenger Airlines |
| 5,576,434 | | 5,576,434 | ||||||||||||
Personal Care Products |
| 171,836 | | 171,836 | ||||||||||||
Pharmaceuticals |
| 8,332,769 | | 8,332,769 | ||||||||||||
Real Estate Management & Development |
| 1,439,694 | | 1,439,694 | ||||||||||||
Semiconductors & Semiconductor Equipment |
| 5,737,174 | | 5,737,174 | ||||||||||||
Software |
| 11,265,227 | | 11,265,227 | ||||||||||||
Specialized REITs |
| 510,295 | | 510,295 | ||||||||||||
Specialty Retail |
| 530,143 | | 530,143 | ||||||||||||
Technology Hardware, Storage & Peripherals |
| 3,478,392 | | 3,478,392 | ||||||||||||
Textiles, Apparel & Luxury Goods |
| 199,691 | | 199,691 | ||||||||||||
Tobacco |
| 4,504,976 | | 4,504,976 | ||||||||||||
Transportation Infrastructure |
| 2,043,319 | | 2,043,319 | ||||||||||||
Utilities |
| 343,170 | | 343,170 | ||||||||||||
Water Utilities |
| 1,247,513 | | 1,247,513 | ||||||||||||
Wireless Telecommunication Services |
| 5,729,040 | | 5,729,040 | ||||||||||||
Floating Rate Loan Interests |
| 18,791,949 | 543,691 | 19,335,640 | ||||||||||||
Foreign Agency Obligations |
| 10,800,141 | | 10,800,141 | ||||||||||||
Municipal Bonds |
| 19,344,060 | | 19,344,060 | ||||||||||||
Non-Agency Mortgage-Backed Securities |
| 83,407,852 | | 83,407,852 | ||||||||||||
Preferred Securities |
||||||||||||||||
Capital Trusts |
| 30,977,364 | | 30,977,364 | ||||||||||||
Preferred Stocks |
||||||||||||||||
Capital Markets |
1,546,352 | | | 1,546,352 | ||||||||||||
Financial Services |
| 22,200 | | 22,200 | ||||||||||||
Trust Preferred |
867,669 | | | 867,669 | ||||||||||||
U.S. Government Sponsored Agency Securities |
| 135,831,292 | | 135,831,292 | ||||||||||||
U.S. Treasury Obligations |
| 69,897,581 | | 69,897,581 | ||||||||||||
Short-Term Securities |
||||||||||||||||
Money Market Funds |
3,463,711 | | | 3,463,711 | ||||||||||||
U.S. Treasury Obligations |
| 33,634,595 | | 33,634,595 | ||||||||||||
Unfunded Floating Rate Loan Interests(a) |
| 51 | | 51 | ||||||||||||
Liabilities |
||||||||||||||||
Investments |
||||||||||||||||
TBA Sale Commitments |
| (2,670,703 | ) | | (2,670,703 | ) | ||||||||||
|
|
|
|
|
|
|
|
|||||||||
$ | 5,978,228 | $ | 867,488,600 | $ | 1,117,477 | $ | 874,584,305 | |||||||||
|
|
|
|
|
|
|
|
|||||||||
Derivative Financial Instruments(b) |
||||||||||||||||
Assets |
||||||||||||||||
Credit Contracts |
$ | | $ | 61,740 | $ | | $ | 61,740 | ||||||||
Foreign Currency Exchange Contracts |
| 68,954 | | 68,954 | ||||||||||||
Interest Rate Contracts |
3,128,376 | | | 3,128,376 | ||||||||||||
Liabilities |
||||||||||||||||
Credit Contracts |
| (245,939 | ) | | (245,939 | ) |
S C H E D U L E O F I N V E S T M E N T S | 32 |
Schedule of Investments (unaudited) (continued) September 30, 2023 |
BlackRock Core Bond Trust (BHK) |
Fair Value Hierarchy as of Period End (continued)
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Liabilities (continued) |
||||||||||||||||
Foreign Currency Exchange Contracts |
$ | | $ | (40 | ) | $ | | $ | (40 | ) | ||||||
Interest Rate Contracts |
(6,810,527 | ) | (938,190 | ) | | (7,748,717 | ) | |||||||||
|
|
|
|
|
|
|
|
|||||||||
$ | (3,682,151 | ) | $ | (1,053,475 | ) | $ | | $ | (4,735,626 | ) | ||||||
|
|
|
|
|
|
|
|
(a) | Unfunded floating rate loan interests are valued at the unrealized appreciation (depreciation) on the commitment. |
(b) | Derivative financial instruments are swaps, futures contracts and forward foreign currency exchange contracts. Swaps, futures contracts and forward foreign currency exchange contracts are valued at the unrealized appreciation (depreciation) on the instrument. |
The Trust may hold assets and/or liabilities in which the fair value approximates the carrying amount or face value, including accrued interest, for financial reporting purposes. As of period end, reverse repurchase agreements of $306,810,696 are categorized as Level 2 within the fair value hierarchy.
A reconciliation of Level 3 financial instruments is presented when the Trust had a significant amount of Level 3 investments and derivative financial instruments at the beginning and/or end of the period in relation to net assets. The following table is a reconciliation of Level 3 investments for which significant unobservable inputs were used in determining fair value:
Asset-Backed Securities |
Corporate Bonds |
Floating Rate Loan Interests |
Non-Agency Mortgage-Backed Securities |
Total | ||||||||||||||||
Assets |
||||||||||||||||||||
Opening balance, as of December 31, 2022 |
$ | 1,619,981 | $ | 4,333,458 | $ | 135,835 | $ | 477,212 | $ | 6,566,486 | ||||||||||
Transfers into Level 3(a) |
| | 218,620 | | 218,620 | |||||||||||||||
Transfers out of Level 3 |
(726,572 | ) | (4,333,458 | ) | | (477,212 | ) | (5,537,242 | ) | |||||||||||
Accrued discounts/premiums |
(29,557 | ) | | 169 | | (29,388 | ) | |||||||||||||
Net realized gain (loss) |
2,585 | | (1,708 | ) | | 877 | ||||||||||||||
Net change in unrealized appreciation (depreciation)(b) |
46,056 | | 9,571 | | 55,627 | |||||||||||||||
Purchases |
| | 292,307 | | 292,307 | |||||||||||||||
Sales |
(338,707 | ) | | (111,103 | ) | | (449,810 | ) | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Closing balance, as of September 30, 2023 |
$ | 573,786 | $ | | $ | 543,691 | $ | | $ | 1,117,477 | ||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Net change in unrealized appreciation (depreciation) on investments still held at September 30, 2023(b) |
$ | 46,056 | $ | | $ | 9,571 | $ | | $ | 55,627 | ||||||||||
|
|
|
|
|
|
|
|
|
|
(a) | As of December 31, 2022, the Trust used observable inputs in determining the value of certain investments. As of September 30, 2023, the Trust used significant unobservable inputs in determining the value of the same investments. As a result, investments at beginning of period value were transferred from Level 2 to Level 3 in the disclosure hierarchy |
(b) | Any difference between net change in unrealized appreciation (depreciation) and net change in unrealized appreciation (depreciation) on investments still held at September 30, 2023 is generally due to investments no longer held or categorized as Level 3 at period end. |
Currency Abbreviation | ||
CAD | Canadian Dollar | |
EUR | Euro | |
GBP | British Pound | |
USD | United States Dollar | |
Portfolio Abbreviation | ||
AGM | Assured Guaranty Municipal Corp. | |
BAB | Build America Bond | |
BAM | Build America Mutual Assurance Co. | |
CDI | CREST Depository Interest | |
CLO | Collateralized Loan Obligation | |
CMT | Constant Maturity Treasury | |
DAC | Designated Activity Company | |
EURIBOR | Euro Interbank Offered Rate | |
GO | General Obligation Bonds |
Portfolio Abbreviation (continued) | ||
LIBOR | London Interbank Offered Rate | |
PCL | Public Company Limited | |
PIK | Payment-in-Kind | |
RB | Revenue Bond | |
SG | Syncora Guarantee | |
SOFR | Secured Overnight Financing Rate | |
TBA | To-Be-Announced |
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