0001752724-19-133943.txt : 20190926 0001752724-19-133943.hdr.sgml : 20190926 20190926165641 ACCESSION NUMBER: 0001752724-19-133943 CONFORMED SUBMISSION TYPE: NPORT-EX PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190731 FILED AS OF DATE: 20190926 FILER: COMPANY DATA: COMPANY CONFORMED NAME: iShares, Inc. CENTRAL INDEX KEY: 0000930667 IRS NUMBER: 510396525 STATE OF INCORPORATION: MD FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: NPORT-EX SEC ACT: 1940 Act SEC FILE NUMBER: 811-09102 FILM NUMBER: 191118630 BUSINESS ADDRESS: STREET 1: 400 HOWARD STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: (415) 670-2000 MAIL ADDRESS: STREET 1: 400 HOWARD STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 FORMER COMPANY: FORMER CONFORMED NAME: iSHARES INC DATE OF NAME CHANGE: 20070126 FORMER COMPANY: FORMER CONFORMED NAME: ISHARES INC DATE OF NAME CHANGE: 20000516 FORMER COMPANY: FORMER CONFORMED NAME: WEBS INDEX FUND INC DATE OF NAME CHANGE: 19970211 0000930667 S000036907 iShares International High Yield Bond ETF C000112950 iShares International High Yield Bond ETF HYXU ACCESSION NUMBER: 0001752724-19-127890 NPORT-EX 1 NPORT_11110608085450588.htm iShares International High Yield Bond ETF

Schedule of Investments  (unaudited)

July 31, 2019

   

iShares® International High Yield Bond ETF

(Percentages shown are based on Net Assets)

 

Security          Par
(000)		     Value  

Corporate Bonds & Notes

 

Austria — 0.3%

 

Raiffeisenlandesbank Niederoesterreich-Wien AG, 5.88%, 11/27/23(a)

     EUR       100     $   126,290  
   

 

 

  
Belgium — 0.6%  

Telenet Finance Luxembourg Notes Sarl, 3.50%, 03/01/28 (Call 12/01/22)(a)

     EUR       200       234,816  
   

 

 

  
Canada — 1.8%  

Baytex Energy Corp., 6.63%, 07/19/22 (Call 07/19/20)

     CAD       75       57,168  

Bombardier Inc., 6.13%, 05/15/21(a)

     EUR       100       119,670  

Brookfield Residential Properties Inc., 6.13%, 05/15/23 (Call 05/15/20)(a)

     CAD       50       38,957  

Cott Corp., 5.50%, 07/01/24 (Call 07/01/20)(a)

     EUR       100       115,891  

Iron Mountain Canada Operations ULC, 5.38%, 09/15/23 (Call 09/15/19)(a)

     CAD       50       38,952  

Mattamy Group Corp., 6.50%, 10/01/25 (Call 10/01/20)(b)

     CAD       25       19,812  

Parkland Fuel Corp.

      

5.63%, 05/09/25 (Call 05/09/20)

     CAD       150       117,406  

5.75%, 09/16/24 (Call 09/16/19)

     CAD       100       78,437  

Postmedia Network Inc., 8.25%, 07/15/21 (Call 08/30/19)(b)

     CAD       3       1,929  

Quebecor Media Inc., 6.63%, 01/15/23(b)

     CAD       100       82,055  

Southern Pacific Resource Corp., 8.75%, 01/25/18(b)(c)(d)

     CAD       50       4  

Videotron Ltd.

      

5.63%, 06/15/25 (Call 03/15/25)

     CAD       50       40,970  

5.75%, 01/15/26 (Call 09/15/20)(a)

     CAD       50       40,099  
   

 

 

  
        751,350  
Denmark — 0.9%  

DKT Finance ApS, 7.00%, 06/17/23 (Call 06/17/20)(a)

     EUR       100       121,163  

TDC AS

      

5.00%, 03/02/22

     EUR       100       124,132  

6.88%, 02/23/23(a)

     GBP       100       140,313  
   

 

 

  
        385,608  
Finland — 1.9%  

Nokia OYJ

      

1.00%, 03/15/21 (Call 02/15/21)(a)

     EUR       100       113,104  

2.00%, 03/15/24 (Call 12/15/23)(a)

     EUR       100       118,389  

2.00%, 03/11/26 (Call 12/11/25)(a)

     EUR       150       175,225  

Teollisuuden Voima OYJ

      

2.13%, 02/04/25 (Call 11/04/24)(a)

     EUR       100       117,616  

2.50%, 03/17/21(a)

     EUR       100       115,764  

2.63%, 01/13/23(a)

     EUR       100       119,385  
   

 

 

  
        759,483  
France — 10.8%                  

Altice France SA/France

      

5.63%, 05/15/24 (Call 05/15/20)(a)

     EUR       120       138,358  

5.88%, 02/01/27 (Call 02/01/22)(a)

     EUR       150       182,876  

Casino Guichard Perrachon SA

      

1.87%, 06/13/22 (Call 03/13/22)(a)

     EUR       200       184,535  

3.58%, 02/07/25 (Call 11/07/24)(a)

     EUR       200       180,598  

4.50%, 03/07/24 (Call 12/04/23)(a)

     EUR       100       94,755  

4.56%, 01/25/23(a)

     EUR       100       96,733  

5.98%, 05/26/21(a)

     EUR       100       105,878  

CMA CGM SA

      

5.25%, 01/15/25 (Call 10/15/20)(a)

     EUR       200       170,489  

7.75%, 01/15/21 (Call 01/15/20)(a)

     EUR       100       103,367  

Elis SA

      

1.75%, 04/11/24 (Call 01/11/24)(a)

     EUR       100       116,351  

2.88%, 02/15/26 (Call 11/15/25)(a)

     EUR       100            121,432  
Security         

Par

(000)

     Value  
France (continued)                  

Europcar Mobility Group, 4.13%, 11/15/24 (Call 11/15/20)(a)

     EUR       200     $ 233,033  

Faurecia SE

      

2.63%, 06/15/25 (Call 06/15/21)(a)

     EUR       150       174,022  

3.13%, 06/15/26 (Call 06/15/22)(a)

     EUR       100       117,311  

3.63%, 06/15/23 (Call 06/15/20)(a)

     EUR       100       113,269  

La Financiere Atalian SASU, 4.00%, 05/15/24 (Call 05/15/20)(a)

     EUR       100       77,938  

Loxam SAS

      

3.25%, 01/14/25 (Call 07/15/21)(a)

     EUR       100       112,078  

3.50%, 05/03/23 (Call 08/12/19)(a)

     EUR       100       113,331  

5.75%, 07/15/27 (Call 07/15/22)(a)

     EUR       100       112,467  

6.00%, 04/15/25 (Call 04/15/20)(a)

     EUR       100       116,611  

Orano SA

      

3.13%, 03/20/23 (Call 12/20/22)(a)

     EUR       100       119,919  

3.25%, 09/04/20(a)

     EUR       100       114,913  

3.38%, 04/23/26 (Call 01/23/26)(a)

     EUR       100       119,037  

3.50%, 03/22/21(a)

     EUR       100       117,223  

4.88%, 09/23/24

     EUR       200       261,074  

Rexel SA

      

2.13%, 06/15/25 (Call 12/15/20)(a)

     EUR       150       171,542  

2.75%, 06/15/26 (Call 06/15/22)(a)

     EUR       100       116,326  

SPCM SA, 2.88%, 06/15/23 (Call 06/15/20)(a)

     EUR       100       112,240  

SPIE SA

      

2.63%, 06/18/26 (Call 12/18/25)(a)

     EUR       100       114,947  

3.13%, 03/22/24 (Call 09/22/23)(a)

     EUR       100       120,628  

Synlab Unsecured Bondco PLC, 8.25%, 07/01/23 (Call 07/01/20)(a)

     EUR       150       174,294  

Vallourec SA

      

2.25%, 09/30/24(a)

     EUR       100       82,461  

6.63%, 10/15/22 (Call 10/15/20)(a)

     EUR       100       103,962  
   

 

 

  
        4,393,998  
Germany — 9.1%                  

ADLER Real Estate AG

      

1.50%, 12/06/21 (Call 11/06/21)(a)

     EUR       100       114,248  

1.50%, 04/17/22 (Call 03/17/22)(a)

     EUR       100       114,308  

3.00%, 04/27/26 (Call 02/27/26)(a)

     EUR       100       119,725  

Deutsche Bank AG

      

2.75%, 02/17/25(a)

     EUR       225       254,095  

4.50%, 05/19/26(a)

     EUR       100       121,451  

Deutsche Lufthansa AG, 5.13%, 08/12/75 (Call 02/12/21)(a)(e)

     EUR       100       117,920  

K+S AG

      

2.63%, 04/06/23 (Call 01/06/23)(a)

     EUR       100       118,892  

3.25%, 07/18/24 (Call 04/18/24)(a)

     EUR       100       120,881  

4.13%, 12/06/21(a)

     EUR       200       242,462  

LANXESS AG, 4.50%, 12/06/76
(Call 06/06/23)(a)(e)

     EUR       75       91,797  

METRO AG

      

1.38%, 10/28/21(a)

     EUR       100       114,515  

1.50%, 03/19/25(a)

     EUR       100       110,670  

Nidda BondCo GmbH, 5.00%, 09/30/25 (Call 09/30/20)(a)

     EUR       100       112,022  

Nidda Healthcare Holding GmbH, 3.50%, 09/30/24 (Call 09/30/20)(a)

     EUR       100       115,478  

ProGroup AG, 3.00%, 03/31/26 ( 03/31/21)(a)

     EUR       100       115,497  

RWE AG

      

2.75%, 04/21/75 (Call 10/21/20)(a)(e)

     EUR       125            142,283  

3.50%, 04/21/75 (Call 04/21/25)(a)(e)

     EUR       50       59,407  

thyssenkrupp AG

      

1.38%, 03/03/22 (Call 12/03/21)(a)

     EUR       250       283,674  

1.75%, 11/25/20 (Call 08/25/20)(a)

     EUR       250       282,749  

2.88%, 02/22/24 (Call 11/22/23)(a)

     EUR       400       465,536  

Unitymedia GmbH, 3.75%, 01/15/27 (Call 01/15/21)(a)

     EUR       100       118,399  
 

 

 

1

Schedule of Investments  (unaudited) (continued)

July 31, 2019

   

iShares® International High Yield Bond ETF

(Percentages shown are based on Net Assets)

 

Security          Par
(000)		     Value  
Germany (continued)                  

Unitymedia Hessen GmbH & Co. KG/Unitymedia NRW GmbH

      

3.50%, 01/15/27 (Call 01/15/21)(a)

     EUR       100     $   118,107  

4.00%, 01/15/25 (Call 01/15/20)(a)

     EUR       100       115,412  

4.63%, 02/15/26 (Call 02/15/21)(a)

     EUR       90       108,593  
   

 

 

  
        3,678,121  
Greece — 1.1%                  

National Bank of Greece SA, 8.25%, 07/18/29 (Call 07/18/24)(a)(e)

     EUR       100       115,480  

OTE PLC, 3.50%, 07/09/20(a)

     EUR       175       200,527  

Piraeus Group Finance PLC, 9.75%, 06/26/29 (Call 06/26/24)(a)(e)

     EUR       100       113,089  
   

 

 

  
        429,096  
Ireland — 3.6%                  

Allied Irish Banks PLC, 4.13%, 11/26/25 (Call 11/26/20)(a)(e)

     EUR       100       116,519  

Ardagh Packaging Finance PLC/Ardagh Holdings USA Inc.

      

2.75%, 03/15/24 ( 03/15/20)(a)

     EUR       100       114,015  

4.13%, 05/15/23 (Call 05/15/20)(a)

     EUR       200       227,980  

4.75%, 07/15/27 (Call 07/15/22)(a)

     GBP       100       123,829  

Bank of Ireland Group PLC, 3.13%, 09/19/27 (Call 09/19/22)(a)(e)

     GBP       100       120,712  

James Hardie International Finance DAC, 3.63%, 10/01/26 (Call 10/01/21)(a)

     EUR       100       118,216  

Smurfit Kappa Acquisitions ULC

      

2.38%, 02/01/24 (Call 11/01/23)(a)

     EUR       100       119,552  

2.88%, 01/15/26(a)

     EUR       225       272,166  

3.25%, 06/01/21 (Call 03/10/21)(a)

     EUR       100       116,949  

Virgin Media Receivables Financing Notes II DAC, 5.75%, 04/15/23 (Call 09/15/19)(a)

     GBP       100       126,311  
   

 

 

  
        1,456,249  
Israel — 2.2%                  

Teva Pharmaceutical Finance Netherlands II BV

      

1.13%, 10/15/24(a)

     EUR       300       270,567  

1.25%, 03/31/23 (Call 12/31/22)(a)

     EUR       300       292,004  

1.63%, 10/15/28(a)

     EUR       150       121,592  

1.88%, 03/31/27 (Call 12/31/26)(a)

     EUR       100       85,197  

4.50%, 03/01/25 (Call 12/01/24)

     EUR       100       103,462  
   

 

 

  
        872,822  
Italy — 17.7%                  

Banca IFIS SpA, 2.00%, 04/24/23(a)

     EUR       100       107,664  

Banca Monte dei Paschi di Siena SpA

      

5.38%, 01/18/28 (Call 01/18/23)(a)(e)

     EUR       100       73,150  

10.50%, 07/23/29(a)

     EUR       100       102,767  

Banca Popolare di Sondrio SCPA, 2.38%, 04/03/24(a)

     EUR       100       111,009  

Banco BPM SpA

      

1.75%, 04/24/23(a)

     EUR       100       111,804  

2.50%, 06/21/24(a)

     EUR       100       113,601  

2.75%, 07/27/20(a)

     EUR       275       313,722  

4.38%, 09/21/27 (Call 09/21/22)(a)(e)

     EUR       100       111,564  

6.00%, 11/05/20(a)

     EUR       100       116,964  

6.38%, 05/31/21(a)

     EUR       100       119,979  

BPER Banca, 5.13%, 05/31/27
(Call 05/31/22)(a)(e)

     EUR       100       115,195  

Fiat Chrysler Finance Europe SA

      

4.75%, 03/22/21(a)

     EUR       150       179,540  

4.75%, 07/15/22(a)

     EUR       300       377,726  

Iccrea Banca SpA, 1.50%, 10/11/22(a)

     EUR       100       112,987  

International Game Technology PLC, 3.50%, 06/15/26 (Call 06/15/22)(a)

     EUR       150         176,150  
Security          Par
(000)		     Value  
Italy (continued)                  

Intesa Sanpaolo SpA

      

3.93%, 09/15/26(a)

     EUR       175     $ 214,797  

5.15%, 07/16/20

     EUR       150       174,647  

6.63%, 09/13/23(a)

     EUR       300       403,884  

Leonardo SpA

      

1.50%, 06/07/24 (Call 03/07/24)(a)

     EUR       125       144,575  

4.50%, 01/19/21

     EUR       100       118,548  

5.25%, 01/21/22

     EUR       100       125,297  

Mediobanca Banca di Credito Finanziario SpA

      

3.75%, 06/16/26

     EUR       75       89,471  

5.00%, 11/15/20

     EUR       100       117,532  

5.75%, 04/18/23

     EUR       50       63,715  

Rossini Sarl, 6.75%, 10/30/25 (Call 10/30/21)(a)

     EUR       100       120,322  

Saipem Finance International BV

      

2.75%, 04/05/22(a)

     EUR       100       118,155  

3.00%, 03/08/21(a)

     EUR       100       116,133  

3.75%, 09/08/23(a)

     EUR       100       124,404  

Salini Impregilo SpA, 1.75%, 10/26/24(a)

     EUR       150       141,658  

Telecom Italia SpA/Milano

      

2.38%, 10/12/27 (Call 07/12/27)(a)

     EUR       200       223,124  

2.50%, 07/19/23(a)

     EUR       100       116,409  

2.88%, 01/28/26 (Call 10/28/25)(a)

     EUR       100       115,769  

3.25%, 01/16/23(a)

     EUR       150       180,059  

3.63%, 01/19/24(a)

     EUR       100       120,929  

3.63%, 05/25/26(a)

     EUR       100       121,073  

4.00%, 04/11/24 (Call 01/11/24)(a)

     EUR       125       152,453  

4.88%, 09/25/20(a)

     EUR       100       117,604  

5.25%, 02/10/22(a)

     EUR       100       124,982  

Unione di Banche Italiane SpA

      

4.25%, 05/05/26 (Call 05/05/21)(a)(e)

     EUR       200       228,202  

4.38%, 07/12/29 ( 07/12/24)(a)(e)

     EUR       150       167,665  

5.88%, 03/04/29 (Call 03/04/24)(a)(e)

     EUR       150       177,081  

Unipol Gruppo SpA

      

3.00%, 03/18/25(a)

     EUR       175       203,651  

3.50%, 11/29/27 (Call 08/29/27)(a)

     EUR       100       117,384  

UnipolSai Assicurazioni SpA, 3.88%, 03/01/28(a)

     EUR       100       109,152  

Wind Tre SpA

      

2.63%, 01/20/23 (Call 11/03/19)(a)

     EUR       200       225,087  

3.13%, 01/20/25 (Call 11/03/20)(a)

     EUR       300       337,284  
   

 

 

  
        7,154,868  
Japan — 2.9%                  

SoftBank Group Corp.

      

3.13%, 09/19/25 (Call 06/21/25)(a)

     EUR       250       292,081  

4.00%, 07/30/22 (Call 04/30/22)(a)

     EUR       200       243,538  

4.00%, 09/19/29 ( 06/21/29)(a)

     EUR       100       120,007  

4.50%, 04/20/25 (Call 01/20/25)(a)

     EUR       100       125,694  

5.00%, 04/15/28 (Call 01/16/28)(a)

     EUR       300       387,143  
   

 

 

  
        1,168,463  
Luxembourg — 3.4%                  

Altice Financing SA, 5.25%, 02/15/23 (Call 02/15/20)(a)

     EUR       100       114,756  

Altice Finco SA, 4.75%, 01/15/28 (Call 10/15/22)(a)

     EUR       100       100,906  

Altice Luxembourg SA

      

6.25%, 02/15/25 (Call 02/15/20)(a)

     EUR       200       229,583  

7.25%, 05/15/22 (Call 05/15/20)(a)

     EUR       86       97,695  

8.00%, 05/15/27 (Call 05/15/22)(a)

     EUR       150       173,573  

Garfunkelux Holdco 3 SA, 8.50%, 11/01/22 (Call 11/01/19)(a)

     GBP       100       112,382  

INEOS Finance PLC, 2.13%, 11/15/25 (Call 11/15/20)(a)

     EUR       100       108,924  

INEOS Group Holdings SA, 5.38%, 08/01/24 (Call 08/01/19)(a)

     EUR       100         113,621  
 

 

 

2

Schedule of Investments  (unaudited) (continued)

July 31, 2019

   

iShares® International High Yield Bond ETF

(Percentages shown are based on Net Assets)

 

Security          Par
(000)		     Value  
Luxembourg (continued)                  

Matterhorn Telecom SA

      

3.88%, 05/01/22 (Call 05/01/20)(a)

     EUR       200     $   224,873  

4.00%, 11/15/27 (Call 11/15/22)(a)

     EUR       100       113,266  
   

 

 

  
        1,389,579  
Netherlands — 5.5%                  

Axalta Coating Systems LLC, 4.25%, 08/15/24 (Call 08/15/19)(a)

     EUR       100       114,860  

Constellium SE, 4.25%, 02/15/26 (Call 11/15/20)(a)

     EUR       100       116,386  

InterXion Holding NV, 4.75%, 06/15/25 (Call 06/15/21)(a)

     EUR       250       302,745  

Lincoln Financing SARL, 3.63%, 04/01/24 (Call 10/01/20)(a)

     EUR       100       114,517  

OCI NV, 5.00%, 04/15/23 (Call 04/15/20)(a)

     EUR       100       116,955  

Saipem Finance International BV, 2.63%, 01/07/25(a)

     EUR       100       117,438  

Selecta Group BV, 5.88%, 02/01/24 (Call 02/01/20)(a)

     EUR       100       115,449  

Sigma Holdco BV, 5.75%, 05/15/26 (Call 05/15/21)(a)

     EUR       100       106,500  

SNS Bank NV, 6.25%, 10/26/20(d)

     EUR       50       —  

Starfruit Finco BV/Starfruit U.S. Holdco LLC, 6.50%, 10/01/26 (Call 10/01/21)(a)

     EUR       100       110,850  

United Group BV, 4.88%, 07/01/24 (Call 07/01/20)(a)

     EUR       100       115,810  

UPC Holding BV, 3.88%, 06/15/29 (Call 06/15/22)(a)

     EUR       200       236,128  

UPCB Finance VII Ltd., 3.63%, 06/15/29 (Call 06/15/22)(a)

     EUR       100       118,675  

Ziggo Bond Co. BV, 4.63%, 01/15/25 (Call 01/15/20)(a)

     EUR       150       172,109  

Ziggo BV

      

3.75%, 01/15/25 (Call 01/15/20)(a)

     EUR       100       114,761  

4.25%, 01/15/27 (Call 01/15/22)(a)

     EUR       200       238,583  
   

 

 

  
        2,211,766  
Portugal — 1.5%                  

Banco Comercial Portugues SA, 4.50%, 12/07/27 (Call 12/07/22)(a)(e)

     EUR       100       115,124  

Caixa Geral de Depositos SA, 5.75%, 06/28/28 (Call 06/28/23)(a)(e)

     EUR       100       124,352  

EDP — Energias de Portugal SA

      

4.50%, 04/30/79 (Call 01/30/24)(a)(e)

     EUR       200       245,623  

5.38%, 09/16/75 (Call 03/16/21)(a)(e)

     EUR       100       119,639  
   

 

 

  
        604,738  
Spain — 5.1%                  

Banco de Sabadell SA

      

5.38%, 12/12/28 (Call 12/12/23)(a)(e)

     EUR       100       123,600  

5.63%, 05/06/26(a)

     EUR       100       129,222  

Bankia SA

      

3.38%, 03/15/27 (Call 03/15/22)(a)(e)

     EUR       100       118,024  

3.75%, 02/15/29 (Call 02/15/24)(a)(e)

     EUR       200       239,373  

Cellnex Telecom SA

      

2.38%, 01/16/24 (Call 10/16/23)(a)

     EUR       100       118,412  

2.88%, 04/18/25 (Call 01/18/25)(a)

     EUR       100       121,971  

3.13%, 07/27/22(a)

     EUR       100       120,283  

Cirsa Finance International Sarl

      

4.75%, 05/22/25 (Call 05/07/21)(a)

     EUR       100       117,720  

6.25%, 12/20/23 (Call 06/20/20)(a)

     EUR       100       119,799  

Distribuidora Internacional de Alimentacion SA, 0.88%, 04/06/23 (Call 01/06/23)(a)

     EUR       100       64,021  

El Corte Ingles SA, 3.00%, 03/15/24 (Call 10/15/20)(a)

     EUR       100       116,680  

Gestamp Automocion SA, 3.25%, 04/30/26 (Call 04/30/21)(a)

     EUR       100       109,051  

Grifols SA, 3.20%, 05/01/25 (Call 05/01/20)(a)

     EUR       200       229,010  

Grupo Isolux Corsan SA, Series B, 6.00%, 12/30/21 (Call 08/30/19)(c)

     EUR       141       78  

Liberbank SA, 6.88%, 03/14/27
(Call 03/14/22)(a)(e)

     EUR       100       120,834  

Repsol International Finance BV, 4.50%, 03/25/75 (Call 03/25/25)(a)(e)

     EUR       175       221,206  
   

 

 

  
          2,069,284  
Security          Par
(000)		     Value  
Sweden — 3.7%                  

Akelius Residential Property AB, 3.88%, 10/05/78 (Call 10/05/23)(a)(e)

     EUR       100     $ 117,858  

Fastighets AB Balder, 3.00%, 03/07/78 (Call 03/07/23)(a)(e)

     EUR       100       112,395  

Intrum AB

      

2.75%, 07/15/22 (Call 07/15/20)(a)

     EUR       200       224,211  

3.13%, 07/15/24 (Call 07/15/20)(a)

     EUR       200       225,766  

Telefonaktiebolaget LM Ericsson

      

0.88%, 03/01/21(a)

     EUR       100       112,768  

Series 7Y, 1.88%, 03/01/24(a)

     EUR       100       117,615  

Verisure Midholding AB, 5.75%, 12/01/23 (Call 12/01/19)(a)

     EUR       200       229,460  

Volvo Car AB

      

2.00%, 01/24/25 (Call 10/24/24)(a)

     EUR       200       226,888  

3.25%, 05/18/21(a)

     EUR       100       117,196  
   

 

 

  
                1,484,157  
Switzerland — 0.8%                  

Dufry Finance SCA, 4.50%, 08/01/23 (Call 08/01/19)(a)

     EUR       100       113,947  

Dufry One BV, 2.50%, 10/15/24 (Call 10/15/20)(a)

     EUR       200       229,891  
   

 

 

  
        343,838  
United Kingdom — 7.0%                  

Algeco Global Finance PLC, 6.50%, 02/15/23 (Call 02/15/20)(a)

     EUR       100       116,016  

Ardonagh Midco 3 PLC, 8.38%, 07/15/23 (Call 07/15/20)(a)

     GBP       100       112,950  

Arqiva Broadcast Finance PLC, 6.75%, 09/30/23 (Call 09/30/20)(a)

     GBP       150       196,455  

Cabot Financial Luxembourg SA, 7.50%, 10/01/23 (Call 10/01/19)(a)

     GBP       100       126,912  

Centrica PLC, 3.00%, 04/10/76
(Call 04/10/21)(a)(e)

     EUR       150       168,544  

eG Global Finance PLC, 4.38%, 02/07/25 (Call 05/15/21)(a)

     EUR       125       138,535  

Fiat Chrysler Automobiles NV, 3.75%, 03/29/24(a)

     EUR       200       249,724  

Heathrow Finance PLC, 3.88%, 03/01/27(a)

     GBP       100       121,810  

INEOS Finance PLC, 2.88%, 05/01/26 (Call 05/01/22)(a)

     EUR       100       112,374  

Jaguar Land Rover Automotive PLC

      

2.20%, 01/15/24(a)

     EUR       100       94,021  

2.75%, 01/24/21(a)

     GBP       100       116,592  

4.50%, 01/15/26(a)

     EUR       150       144,788  

Merlin Entertainments PLC, 2.75%, 03/15/22 (Call 12/15/21)(a)

     EUR       150       175,519  

New Look Secured Issuer PLC, 6.50%, 07/01/22 (Call 06/24/20)(a)(c)

     GBP       25       9,030  

Playtech PLC, 4.25%, 03/07/26 (Call 03/07/22)(a)

     EUR       100       118,320  

Thomas Cook Finance 2 PLC, 3.88%, 07/15/23 (Call 01/15/20)(a)

     EUR       100       29,830  

Thomas Cook Group PLC, 6.25%, 06/15/22 (Call 06/15/20)(a)

     EUR       100       30,619  

Virgin Media Finance PLC, 4.50%, 01/15/25 (Call 01/15/20)(a)

     EUR       100       115,182  

Virgin Media Receivables Financing Notes I DAC, 5.50%, 09/15/24 (Call 09/15/19)(a)

     GBP       100       125,919  

Virgin Media Secured Finance PLC

      

4.88%, 01/15/27 (Call 01/15/21)(a)

     GBP       100       126,334  

5.25%, 05/15/29 (Call 05/15/24)(a)

     GBP       100       127,992  

6.00%, 01/15/25 (Call 01/15/21)(a)(f)

     GBP       100       136,342  

6.25%, 03/28/29 (Call 01/15/21)(a)

     GBP       100       129,431  
   

 

 

  
        2,823,239  
United States — 17.9%                  

Adient Global Holdings Ltd., 3.50%, 08/15/24 (Call 05/15/24)(a)

     EUR       175       156,682  

AMC Entertainment Holdings Inc., 6.38%, 11/15/24 (Call 11/15/19)

     GBP       100       119,012  

Aramark International Finance Sarl, 3.13%, 04/01/25 (Call 04/01/20)(a)

     EUR       100       114,945  

Avantor Inc., 4.75%, 10/01/24 (Call 10/01/20)(a)

     EUR       100         119,135  
 

 

 

3

Schedule of Investments  (unaudited) (continued)

July 31, 2019

   

iShares® International High Yield Bond ETF

(Percentages shown are based on Net Assets)

 

Security         

    

Par
(000)

     Value  
United States (continued)                  

Avis Budget Finance PLC, 4.75%, 01/30/26 (Call 09/30/21)(a)

     EUR       100     $   117,890  

Ball Corp.

      

3.50%, 12/15/20

     EUR       100       116,467  

4.38%, 12/15/23

     EUR       100       129,836  

Bausch Health Companies Inc., 4.50%, 05/15/23 (Call 05/15/20)(a)

     EUR       300       337,605  

Belden Inc., 3.88%, 03/15/28 (Call 03/06/23)(a)

     EUR       150       178,331  

Chemours Co. (The), 4.00%, 05/15/26 (Call 05/15/21)

     EUR       100       105,255  

Coty Inc., 4.75%, 04/15/26 (Call 04/15/21)(a)

     EUR       100       110,116  

Crown European Holdings SA

      

2.25%, 02/01/23 (Call 11/01/22)(a)

     EUR       100       117,743  

2.63%, 09/30/24 (Call 03/30/24)(a)

     EUR       125       150,467  

2.88%, 02/01/26 (Call 08/01/25)(a)

     EUR       100       120,701  

3.38%, 05/15/25 (Call 11/15/24)(a)

     EUR       100       123,626  

Darling Global Finance BV, 3.63%, 05/15/26 (Call 05/15/21)(a)

    EUR       100       117,849  

Energizer Gamma Acquisition BV, 4.63%, 07/15/26 (Call 07/15/21)(a)

     EUR       100       116,267  

Equinix Inc.

      

2.88%, 10/01/25 (Call 10/01/20)

     EUR       150       173,565  

2.88%, 02/01/26 (Call 02/01/21)

     EUR       300       348,469  

Hanesbrands Finance Luxembourg SCA, 3.50%, 06/15/24 (Call 03/15/24)(a)

     EUR       100       123,951  

Hertz Holdings Netherlands BV, 5.50%, 03/30/23 (Call 03/30/20)(a)

     EUR       100       116,677  

Infor U.S. Inc., 5.75%, 05/15/22 (Call 05/15/20)

     EUR       100       112,758  

International Game Technology PLC

      

3.50%, 07/15/24 (Call 01/15/24)(a)

     EUR       125       150,680  

4.75%, 03/05/20(a)

     EUR       100       114,291  

IQVIA Inc.

      

2.88%, 09/15/25 (Call 09/15/20)(a)

     EUR       100       114,734  

3.25%, 03/15/25 (Call 03/15/20)(a)

     EUR       250       285,677  

3.50%, 10/15/24 (Call 10/15/19)(a)

     EUR       100       113,674  

Iron Mountain UK PLC, 3.88%, 11/15/25 (Call 11/15/20)(a)

     GBP       100       121,123  

Levi Strauss & Co., 3.38%, 03/15/27 (Call 03/15/22)

     EUR       100       117,865  

Liberty Mutual Group Inc., 3.63%, 05/23/59 (Call 05/23/24)(a)(e)

     EUR       100       116,447  

LKQ European Holdings BV

      

3.63%, 04/01/26 (Call 04/01/21)(a)

     EUR       100       116,872  

4.13%, 04/01/28 (Call 04/01/23)(a)

     EUR       100       121,848  

LKQ Italia Bondco SpA, 3.88%, 04/01/24 (Call 01/01/24)(a)

     EUR       100       123,561  

Mauser Packaging Solutions Holding Co., 4.75%, 04/15/24 (Call 04/15/20)(a)

     EUR       100       114,663  

MPT Operating Partnership LP/MPT Finance Corp.

      

3.33%, 03/24/25 (Call 12/24/24)

     EUR       100       123,510  

4.00%, 08/19/22 (Call 05/19/22)

     EUR       100       123,240  

Netflix Inc.

      

3.63%, 05/15/27

     EUR       250       298,660  

3.88%, 11/15/29(a)

     EUR       200       239,069  

4.63%, 05/15/29(a)

     EUR       200       251,982  

OI European Group BV

      

3.13%, 11/15/24 (Call 08/15/24)(a)

     EUR       100       121,603  

4.88%, 03/31/21(a)

     EUR       100       119,682  
Security          Par/
Shares
(000)		     Value  
United States (continued)                  

Panther BF Aggregator 2 LP/Panther Finance Co. Inc., 4.38%, 05/15/26 (Call 05/15/22)(a)

     EUR       125     $   142,564  

Refinitiv U.S. Holdings Inc., 4.50%, 05/15/26 (Call 11/15/21)(a)

     EUR       250       298,699  

Scientific Games International Inc.,
5.50%, 02/15/26 (Call 02/15/21)(a)

     EUR       100       109,171  

Sealed Air Corp., 4.50%, 09/15/23 (06/15/23)(a)

     EUR       100       126,587  

Silgan Holdings Inc., 3.25%, 03/15/25 (Call 03/15/20)

     EUR       100       114,489  

Spectrum Brands Inc., 4.00%, 10/01/26 (10/01/21)(a)

     EUR       100       118,074  

Tenneco Inc., 5.00%, 07/15/24 (Call 07/15/20)(a)

     EUR       100       107,936  

WMG Acquisition Corp., 3.63%, 10/15/26 (Call 10/15/21)(a)

     EUR       100       119,146  
   

 

 

  
                7,253,194  
   

 

 

  

Total Corporate Bonds & Notes — 97.8%
(Cost: $42,276,619)

 

     39,590,959  
   

 

 

  

Common Stocks

      

South Africa — 0.0%

      

Sentry Holdings Ltd. Class A(d)

       0       —  
   

 

 

  
United Kingdom — 0.0%                  

New Look Retails Holdings Ltd.

       53       6,878  
   

 

 

  

Total Common Stocks — 0.0%
(Cost: $159,437)

 

     6,878  
   

 

 

  

Short-Term Investments

      

Money Market Funds — 0.0%

      

BlackRock Cash Funds: Treasury,
SL Agency Shares,
    2.25%(g)(h)

       3       3,000  
   

 

 

  

Total Short-Term Investments — 0.0%
(Cost: $3,000)

 

     3,000  
   

 

 

  

Total Investments in Securities — 97.8%
(Cost: $42,439,056)

 

     39,600,837  

Other Assets, Less Liabilities — 2.2%

 

     879,384  
   

 

 

  

Net Assets — 100.0%

       $   40,480,221  
   

 

 

  

 

(a) 

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

(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) 

Issuer filed for bankruptcy and/or is in default.

(d) 

Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

(e) 

Security is issued at a fixed coupon rate, which converts to a variable rate at a specified date.

(f) 

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.

(g) 

Affiliate of the Fund.

(h) 

Annualized 7-day yield as of period-end.

 

 

 

4

Schedule of Investments  (unaudited) (continued)

July 31, 2019

   

iShares® International High Yield Bond ETF

 

Affiliates

Investments in issuers considered to be affiliates of the Fund during the nine months ended July 31, 2019, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

 

  

Affiliated Issuer

     


 Shares
Held at
10/31/18
(000)		  
 
 
 		     
 Net Activity
(000)		  
 		     


 Shares
Held at
07/31/19
(000)		  
 
 
 		     
 Value at
07/31/19		  
 		      Income       
 Net Realized
Gain (Loss)		  
 		     


 Change in
Unrealized
Appreciation
(Depreciation)		  
 
 
 

 

  

BlackRock Cash Funds: Treasury,
SL Agency Shares

      13        (10 )       3      $ 3,000      $ 586      $ —      $ —  
           

 

 

     

 

 

     

 

 

     

 

 

  

Fair Value Measurements

Various inputs are used in determining the fair value of financial instruments. For description of the input levels and information about the Fund’s policy regarding valuation of financial instruments, refer to a recently published shareholder report. Shareholder reports are available on the Fund’s website at www.iShares.com and on the U.S. Securities and Exchange Commission website at www.sec.gov.

The following table summarizes the value of the Fund’s investments according to the fair value hierarchy as of July 31, 2019. The breakdown of the Fund’s investments into major categories is disclosed in the Schedule of Investments above.

 

                                                                   

 

  
     Level 1          Level 2          Level 3        Total  

 

  

Investments

                

Assets

                

Corporate Bonds & Notes

    $ —        $ 39,590,955        $ 4      $ 39,590,959  

Common Stocks

      6,878          —          0 (a)       6,878  

Money Market Funds

      3,000          —          —        3,000  
  

 

 

       

 

 

       

 

 

     

 

 

  
   $ 9,878        $ 39,590,955        $ 4      $ 39,600,837  
  

 

 

       

 

 

       

 

 

     

 

 

  

 

  (a) 

Rounds to less than $1.

 

 

Currency Abbreviations
CAD    Canadian Dollar
EUR    Euro
GBP    British Pound

 

 

5