Schedule of Investments (unaudited)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2022	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Corporate Bonds & Notes(a)
Argentina — 1.1%
Arcor SAIC, 6.00%, 07/06/23 (Call 03/18/22)(b)	$	525	$	510,333
Arcos Dorados Holdings Inc., 5.88%, 04/04/27 (Call 04/04/22)(b)(c)		400		408,450
MercadoLibre Inc., 3.13%, 01/14/31 (Call 10/14/30)(c)		200		180,120
MSU Energy SA/UGEN SA/UENSA SA, 6.88%, 02/01/25 (Call 03/02/22)(b)(c)		650		512,403
Pampa Energia SA, 7.50%, 01/24/27 (Call 03/02/22)(b)		600		507,150
Stoneway Capital Corp., 10.00%, 03/01/27  (Call 03/02/22)(b)(d)		266		76,431
Transportadora de Gas del Sur SA, 6.75%, 05/02/25  (Call 05/02/22)(b)		450		402,750
YPF SA
6.95%, 07/21/27(b)		785		505,246
7.00%, 12/15/47 (Call 06/15/47)(b)		500		300,000
8.50%, 07/28/25(b)		1,045		789,498
8.75%, 04/04/24(b)		730		660,787
YPF Sociedad Anonima
1.50%, 09/30/33 (Call 03/30/33)(b)(e)		600		301,500
2.50%, 06/30/29 (Call 12/30/28)(b)(e)		825		487,781
4.00%, 02/12/26 (Call 11/12/25)(b)(e)		700		568,680
				6,211,129
Bahrain — 0.3%
AUB Sukuk Ltd., 2.62%, 09/09/26(b)		600		591,750
BBK BSC, 5.50%, 07/09/24(b)		400		412,075
GFH Sukuk Ltd., 7.50%, 01/28/25(b)		600		594,036
				1,597,861
Barbados — 0.1%
Sagicor Financial Co. Ltd., 5.30%, 05/13/28 (Call 05/13/24)(b)		400		405,000
Brazil — 5.4%
Acu Petroleo Luxembourg Sarl, 7.50%, 01/13/32  (Call 01/13/27)(f)		250		242,875
Adecoagro SA, 6.00%, 09/21/27 (Call 09/21/22)(b)		150		153,216
Amaggi Luxembourg International Sarl, 5.25%, 01/28/28  (Call 01/28/25)(b)		200		199,375
Atento Luxco 1 SA, 8.00%, 02/10/26 (Call 02/10/24)(b)		150		158,475
Azul Investments LLP, 7.25%, 06/15/26 (Call 06/15/24)(f)		200		180,538
B2W Digital Lux Sarl, 4.38%, 12/20/30 (Call 09/20/30)(b)(c)		200		175,325
B3 S.A. Brasil Bolsa Balcao, 4.13%, 09/20/31(b)		400		369,950
Banco Bradesco SA/Cayman Islands, 3.20%, 01/27/25(b)		200		200,340
Banco BTG Pactual SA/Cayman Islands
2.75%, 01/11/26 (Call 12/11/25)(b)		200		187,850
4.50%, 01/10/25 (Call 12/10/24)(b)(c)		400		402,575
Banco do Brasil SA/Cayman
3.25%, 09/30/26(b)		400		388,575
4.63%, 01/15/25(b)		400		415,700
4.75%, 03/20/24(b)		400		415,325
4.88%, 04/19/23(b)		200		206,680
6.25%, (Call 04/15/24)(b)(g)(h)		400		394,750
9.00%, (Call 06/18/24)(b)(g)(h)		400		426,500
9.25%, (Call 04/15/23)(b)(h)		200		209,950
Banco Votorantim SA, 4.38%, 07/29/25(b)		200		204,000
Braskem Finance Ltd., 6.45%, 02/03/24(c)		200		216,225
Braskem Netherlands Finance BV
4.50%, 01/10/28 (Call 10/10/27)(b)		400		412,550
4.50%, 01/31/30(b)		400		406,250
5.88%, 01/31/50(b)		200		216,787
8.50%, 01/23/81 (Call 10/24/25)(b)(h)		200		228,600

Security	Par (000)		Value
Brazil (continued)
BRF SA
4.88%, 01/24/30 (Call 10/24/29)(b)	$	200	$	196,600
5.75%, 09/21/50 (Call 03/21/50)(b)		200		187,913
Cemig Geracao e Transmissao SA, 9.25%, 12/05/24  (Call 12/05/23)(b)		200		221,537
Centrais Eletricas Brasileiras SA, 4.63%, 02/04/30(b)		400		384,600
Cosan Luxembourg SA, 7.00%, 01/20/27 (Call 02/28/22)(b)		200		206,250
Cosan SA, 5.50%, 09/20/29 (Call 09/20/24)(b)		400		411,325
CSN Inova Ventures, 6.75%, 01/28/28 (Call 01/28/24)(b)		400		417,756
CSN Resources SA
4.63%, 06/10/31 (Call 06/10/26)(b)		200		188,850
7.63%, 04/17/26 (Call 04/17/22)(b)		200		208,287
Embraer Netherlands Finance BV
5.05%, 06/15/25(c)		227		232,718
5.40%, 02/01/27		250		255,781
Fibria Overseas Finance Ltd., 5.50%, 01/17/27(c)		200		218,770
FS Luxembourg Sarl, 10.00%, 12/15/25 (Call 12/15/23)(b)		200		213,000
Globo Comunicacao e Participacoes SA, 4.88%, 01/22/30(b)		200		185,500
Gol Finance SA
7.00%, 01/31/25 (Call 02/28/22)(b)		150		129,236
8.00%, 06/30/26 (Call 12/24/22)(b)		200		184,850
GTL Trade Finance Inc., 7.25%, 04/16/44 (Call 10/16/43)(b)		200		256,975
Guara Norte Sarl, 5.20%, 06/15/34(b)		192		179,290
Hidrovias International Finance SARL, 4.95%, 02/08/31  (Call 02/08/26)(b)		200		181,750
InterCement Financial Operations BV, 5.75%, 07/17/24  (Call 02/28/22)(b)		200		174,000
Itau Unibanco Holding SA/Cayman Island
3.25%, 01/24/25(b)		200		200,850
4.50%, 11/21/29 (Call 11/21/24)(b)(c)(h)		600		591,487
4.63%, (Call 02/27/25)(b)(g)(h)		200		185,690
5.13%, 05/13/23(b)(c)		200		207,660
6.13%, (Call 12/12/22)(b)(g)(h)		200		197,815
6.50%, (Call 03/19/23)(b)(c)(g)(h)		200		200,413
JBS Finance Luxembourg Co., 3.63%, 01/15/32  (Call 01/15/27)(b)(c)		600		569,250
JBS Finance Luxembourg Sarl, 2.50%, 01/15/27  (Call 12/15/26)(f)		200		194,300
JBS USA Food Co., 5.75%, 01/15/28(b)		200		210,000
JBS USA LUX SA/JBS USA Food Co./JBS USA Finance Inc.
3.00%, 05/15/32 (Call 02/15/32)(c)(f)		100		93,948
3.75%, 12/01/31 (Call 12/01/26)(b)		100		97,580
JSM Global Sarl, 4.75%, 10/20/30 (Call 07/20/30)(b)		200		178,750
Klabin Austria GmbH
3.20%, 01/12/31 (Call 10/12/30)(b)		200		179,276
5.75%, 04/03/29 (Call 01/03/29)(b)(c)		200		214,224
7.00%, 04/03/49 (Call 10/03/48)(b)		200		217,776
Light Servicos Energia Co., 4.38%, 06/18/26  (Call 06/18/24)(b)(c)		200		196,160
MARB BondCo PLC, 3.95%, 01/29/31 (Call 01/29/26)(b)		600		550,116
MC Brazil Downstream Trading SARL, 7.25%, 06/30/31(b)		400		381,600
Minerva Luxembourg SA, 4.38%, 03/18/31 (Call 03/18/26)(b)		400		370,000
Movida Europe SA, 5.25%, 02/08/31 (Call 02/08/26)(b)		200		176,038
Natura Cosmeticos SA, 4.13%, 05/03/28 (Call 03/03/28)(b)		200		194,185
NBM U.S. Holdings Inc.
6.63%, 08/06/29 (Call 08/06/24)(b)		200		214,030
7.00%, 05/14/26 (Call 05/14/22)(b)		200		208,700
Nexa Resources SA, 5.38%, 05/04/27 (Call 02/04/27)(b)		600		621,000
Odebrecht Drilling Norbe VIII/IX Ltd., 7.35%, (7.35% PIK), 12/01/26 (Call 02/28/22)(b)(i)		268		143,508

 1

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2022	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Brazil (continued)
Odebrecht Holdco Finance Ltd., 0.00%, 09/10/58  (Call 02/28/22)(b)(j)	$	400	$	2,400
Odebrecht Offshore Drilling Finance Ltd., 7.72%,  (7.72% PIK), 12/01/26 (Call 02/28/22)(b)(c)(i)		287		56,966
OI Movel SA, 8.75%, 07/30/26 (Call 07/30/24)(b)		200		204,500
Oi SA, 10.00%, (12.00% PIK), 07/27/25(i)		450		373,500
Petrobras Global Finance BV
5.09%, 01/15/30(c)		450		456,300
5.30%, 01/27/25(c)		250		266,141
5.50%, 06/10/51 (Call 12/10/50)		250		219,656
5.60%, 01/03/31 (Call 10/03/30)(c)		450		463,950
5.75%, 02/01/29(c)		250		263,810
6.00%, 01/27/28(c)		400		426,680
6.25%, 03/17/24		100		107,415
6.75%, 01/27/41(c)		300		312,525
6.75%, 06/03/50 (Call 12/03/49)		250		249,734
6.85%, 06/05/2115(c)		600		567,900
6.88%, 01/20/40(c)		248		261,888
6.90%, 03/19/49		300		305,700
7.25%, 03/17/44(c)		150		159,675
7.38%, 01/17/27(c)		350		398,475
8.75%, 05/23/26(c)		100		120,050
Petrorio Luxembourg SARL, 6.13%, 06/09/26 (Call 06/09/24)(b)		200		196,538
Raizen Fuels Finance SA, 5.30%, 01/20/27(b)(c)		200		216,100
Rede D’or Finance Sarl, 4.95%, 01/17/28 (Call 10/17/27)(b)		400		400,150
Rumo Luxembourg Sarl, 5.25%, 01/10/28 (Call 01/10/24)(b)		200		204,788
Simpar Europe SA, 5.20%, 01/26/31 (Call 01/26/26)(b)		200		177,475
St. Marys Cement Inc. Canada, 5.75%, 01/28/27  (Call 10/28/26)(b)		200		219,225
StoneCo Ltd., 3.95%, 06/16/28 (Call 05/16/28)(b)(c)		200		167,975
Suzano Austria GmbH
3.13%, 01/15/32 (Call 10/15/31)		350		323,750
3.75%, 01/15/31 (Call 10/15/30)		500		487,281
5.00%, 01/15/30 (Call 10/15/29)		400		425,500
6.00%, 01/15/29 (Call 10/15/28)		400		449,180
7.00%, 03/16/47 (Call 09/16/46)(b)		200		240,975
Ultrapar International SA
5.25%, 10/06/26(b)		200		208,700
5.25%, 06/06/29(b)		200		203,100
Unigel Luxembourg SA, 8.75%, 10/01/26 (Call 10/01/22)(b)(c)		200		212,225
Usiminas International Sarl, 5.88%, 07/18/26  (Call 07/18/23)(b)		200		205,337
Vale Overseas Ltd.
3.75%, 07/08/30 (Call 04/08/30)(c)		400		404,000
6.25%, 08/10/26		400		456,788
6.88%, 11/21/36		400		507,520
6.88%, 11/10/39(c)		250		321,081
Vale SA, 5.63%, 09/11/42		200		228,162
XP Inc., 3.25%, 07/01/26 (Call 06/01/26)(b)		200		188,375
				29,303,245
Burkina Faso — 0.1%
Endeavour Mining PLC, 5.00%, 10/14/26 (Call 10/14/23)(c)(f)		400		392,500
Chile — 4.1%
AES Andes SA., 7.13%, 03/26/79 (Call 04/07/24)(b)(h)		600		603,780
Agrosuper SA, 4.60%, 01/20/32(f)		400		404,460
Alfa Desarrollo SpA, 4.55%, 09/27/51 (Call 03/27/51)(f)		1,000		910,250
Antofagasta PLC, 2.38%, 10/14/30 (Call 07/14/30)(b)		400		371,500
Banco de Chile, 2.99%, 12/09/31 (Call 09/09/31)(f)		400		387,000

Security	Par (000)		Value
Chile (continued)
Banco de Credito e Inversiones SA
2.88%, 10/14/31 (Call 07/14/31)(f)	$	200	$	193,000
3.50%, 10/12/27(b)(c)		800		843,650
Banco Santander Chile
2.70%, 01/10/25 (Call 12/10/24)(b)(c)		600		607,987
3.18%, 10/26/31 (Call 07/28/31)(c)(f)		400		395,620
3.18%, 10/26/31 (Call 07/28/31)(b)		150		148,358
Celulosa Arauco y Constitucion SA
4.20%, 01/29/30 (Call 10/29/29)(b)(c)		400		413,500
4.25%, 04/30/29 (Call 01/30/29)(b)		400		413,950
4.50%, 08/01/24 (Call 05/01/24)		400		417,325
5.15%, 01/29/50 (Call 07/29/49)(b)		400		429,040
5.50%, 04/30/49 (Call 10/30/48)(b)(c)		600		662,362
Cencosud SA
4.38%, 07/17/27 (Call 04/17/27)(b)(c)		1,000		1,050,500
5.15%, 02/12/25 (Call 11/12/24)(b)(c)		400		426,200
Cia Cervecerias Unidas SA, 3.35%, 01/19/32  (Call 10/19/31)(f)		400		395,000
Colbun SA
3.15%, 03/06/30 (Call 12/06/29)(b)		800		772,150
3.15%, 01/19/32 (Call 10/19/31)(f)		400		380,700
3.95%, 10/11/27 (Call 07/11/27)(b)		400		412,500
Empresa Nacional de Telecomunicaciones SA
3.05%, 09/14/32 (Call 06/14/32)(f)		600		565,987
4.75%, 08/01/26 (Call 05/03/26)(b)		800		846,400
Enel Americas SA, 4.00%, 10/25/26 (Call 07/25/26)		500		525,263
Enel Chile SA, 4.88%, 06/12/28 (Call 03/12/28)		800		870,650
EnfraGen Energia Sur SA, 5.38%, 12/30/30 (Call 12/30/25)(b)		800		707,008
Engie Energia Chile SA, 3.40%, 01/28/30 (Call 10/28/29)(b)		400		390,640
Falabella SA, 3.38%, 01/15/32 (Call 10/15/31)(f)		600		580,500
GNL Quintero SA, 4.63%, 07/31/29(b)		882		916,483
Guacolda Energia SA, 4.56%, 04/30/25 (Call 01/30/25)(b)		400		145,200
Interchile SA, 4.50%, 06/30/56 (Call 12/30/55)(b)		1,200		1,231,350
Inversiones CMPC SA
3.00%, 04/06/31 (Call 01/06/31)(b)		400		376,075
3.85%, 01/13/30 (Call 10/13/29)(b)		400		403,140
4.38%, 04/04/27(b)(c)		600		640,050
4.75%, 09/15/24 (Call 06/15/24)(b)		400		419,325
Inversiones CMPC SA/Cayman Islands Branch, 4.38%, 05/15/23 (Call 02/15/23)(b)		400		409,825
Kenbourne Invest SA, 6.88%, 11/26/24 (Call 02/28/22)(b)		400		410,884
NagaCorp Ltd., 7.95%, 07/06/24 (Call 07/06/22)(b)		600		556,425
Sociedad Quimica y Minera de Chile SA, 3.50%, 09/10/51  (Call 03/10/51)(f)		600		547,560
Telefonica Moviles Chile SA, 3.54%, 11/18/31 (Call 08/18/31)(f)		400		384,575
VTR Finance NV, 6.38%, 07/15/28 (Call 07/15/23)(b)		600		609,000
				22,175,172
China — 7.9%
Agile Group Holdings Ltd., 8.38%, (Call 12/04/23)(b)(g)(h)		200		52,000
Agricultural Bank of China Ltd./Hong Kong, 0.70%, 06/17/24(b)		200		195,244
Agricultural Bank of China Ltd./New York, 0.85%, 01/19/24(b)		200		196,820
Alibaba Group Holding Ltd.
2.13%, 02/09/31 (Call 11/09/30)(c)		200		187,496
2.70%, 02/09/41 (Call 08/09/40)		200		172,956
2.80%, 06/06/23 (Call 05/06/23)		200		202,868
3.25%, 02/09/61 (Call 08/09/60)		400		345,500
3.40%, 12/06/27 (Call 09/06/27)(c)		500		518,192
3.60%, 11/28/24 (Call 08/28/24)		400		416,212

2

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2022	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
China (continued)
4.00%, 12/06/37 (Call 06/06/37)	$	200	$	207,537
4.20%, 12/06/47 (Call 06/06/47)		400		415,252
Amipeace Ltd.
1.75%, 11/09/26(b)		200		194,180
2.50%, 12/05/24(b)		600		609,462
Baidu Inc.
2.38%, 08/23/31 (Call 05/23/31)(c)		200		187,966
3.08%, 04/07/25 (Call 03/07/25)		400		409,240
4.13%, 06/30/25		200		211,450
Bank of China Ltd., 5.00%, 11/13/24(b)		400		430,635
Bank of China Ltd./Hong Kong
1.04%, 03/08/23, (3 mo. LIBOR US + 0.850%)(b)(h)		200		200,784
3.88%, 06/30/25(b)		200		212,600
Bank of China Ltd./Luxembourg, 1.40%, 04/28/26(b)		200		194,515
Bank of Communications Co. Ltd., 3.80%, (Call 11/18/25)(b)(g)(h)		600		620,100
Bank of Communications Co. Ltd./Hong Kong, 1.01%, 05/17/23, (3 mo. LIBOR US + 0.85%)(b)(h)		200		200,736
Bluestar Finance Holdings Ltd., 3.88%, (Call 06/24/23)(b)(g)(h)		200		203,992
Bocom International Blossom Ltd.Co., 1.75%, 06/28/26(b)		200		195,356
Bocom Leasing Management Hong Kong Co. Ltd., 1.28%, 12/10/24, (3 mo. LIBOR US + 1.075%)(b)(h)		600		597,862
CCBL Cayman 1 Corp., 1.80%, 07/22/26(b)		200		193,913
CCBL Cayman 1 Corp. Ltd., 1.99%, 07/21/25(b)		200		197,436
CCCI Treasure Ltd., 3.43%, (Call 11/21/24)(b)(g)(h)		200		203,518
CDBL Funding 2, 2.00%, 03/04/26(b)		200		195,276
Central Plaza Development Ltd., 4.65%, 01/19/26  (Call 10/19/25)(b)		200		183,975
Chalco HK Investment Co., 2.10%, 07/28/26  (Call 06/28/26)(b)		200		192,746
China Cinda 2020 I Management Ltd.
2.50%, 03/18/25 (Call 02/18/25)(b)		200		197,663
3.00%, 01/20/31 (Call 10/20/30)(b)		200		189,538
China Cinda Finance 2015 I Ltd., 4.25%, 04/23/25(b)		600		625,237
China Cinda Finance 2017 I Ltd., 4.75%, 02/21/29(b)		200		215,537
China Construction Bank Corp.
0.55%, 12/21/24(h)		400		400,552
4.25%, 02/27/29 (Call 02/27/24)(b)(h)		600		625,488
China Construction Bank Corp./Hong Kong, 1.25%, 08/04/25(b)		400		390,336
China Everbright Bank Co. Ltd./Hong Kong, 0.93%, 03/11/24(b)		200		196,304
China Everbright Bank Co. Ltd./Luxembourg, 0.83%, 09/14/24(b)		200		194,910
China Great Wall International Holdings V Ltd., 2.38%, 08/18/30(b)		200		183,038
China Mengniu Dairy Co. Ltd., 1.88%, 06/17/25  (Call 05/17/25)(b)		200		196,124
China Minsheng Banking Corp. Ltd./Hong Kong, 1.25%, 03/09/23, (3 mo. LIBOR US + 1.050%)(b)(h)		200		199,968
China Overseas Finance Cayman VI Ltd.
5.95%, 05/08/24(b)		400		429,700
6.45%, 06/11/34(b)		200		252,475
China Overseas Finance Cayman VII Ltd., 4.25%, 04/26/23(b)		200		204,474
China Overseas Finance Cayman VIII Ltd., 2.75%, 03/02/30(b)		200		192,663
China Resources Land Ltd.
3.75%, (Call 12/09/24)(b)(g)(h)		200		205,994
4.13%, 02/26/29(b)		200		212,037

Security	Par (000)		Value
China (continued)
China SCE Group Holdings Ltd., 7.38%, 04/09/24  (Call 04/09/22)(b)	$	200	$	151,000
China State Construction Finance Cayman I Ltd., 3.40%,  (Call 06/08/26)(b)(g)(h)		200		200,999
CICC Hong Kong Finance 2016 MTN Ltd., 1.63%, 01/26/24(b)		400		394,976
CIFI Holdings Group Co. Ltd.
5.95%, 10/20/25 (Call 07/20/23)(b)		200		175,000
6.00%, 07/16/25 (Call 01/16/23)(b)		200		176,500
CITIC Ltd.
2.85%, 02/25/30(b)		200		198,725
3.88%, 02/28/27(b)		200		210,787
CMB International Leasing Management Ltd., 1.88%, 08/12/25(b)		400		390,200
CMHI Finance BVI Co. Ltd.
3.50%, (Call 10/09/23)(b)(g)(h)		200		204,350
4.38%, 08/06/23(b)		200		206,486
CNOOC Finance 2013 Ltd.
2.88%, 09/30/29 (Call 06/30/29)(c)		200		202,163
3.00%, 05/09/23		200		203,100
3.30%, 09/30/49 (Call 03/30/49)		200		178,042
CNOOC Finance 2014 ULC, 4.25%, 04/30/24(c)		600		630,300
CNOOC Finance 2015 USA LLC
3.50%, 05/05/25		200		208,037
4.38%, 05/02/28		200		219,912
CNOOC Petroleum North America ULC
5.88%, 03/10/35(c)		100		119,988
6.40%, 05/15/37(c)		375		476,789
7.50%, 07/30/39		250		361,077
CNPC General Capital Ltd., 3.40%, 04/16/23(b)		200		204,162
Contemporary Ruiding Development Ltd., 1.88%, 09/17/25  (Call 08/17/25)(b)		400		393,064
COSL Singapore Capital Ltd., 4.50%, 07/30/25(b)		200		212,556
Country Garden Holdings Co. Ltd.
3.13%, 10/22/25 (Call 09/22/25)(b)		400		321,000
3.30%, 01/12/31 (Call 10/12/30)(b)		200		153,000
4.20%, 02/06/26 (Call 02/06/24)(b)		400		327,000
5.40%, 05/27/25 (Call 05/27/23)(b)		200		172,000
7.25%, 04/08/26 (Call 04/08/23)(b)		400		351,000
CRCC Yuxiang Ltd., 3.50%, 05/16/23(b)		200		203,460
CSCIF Asia Ltd., 1.13%, 06/10/24(b)		200		195,750
ENN Clean Energy International Investment Ltd., 3.38%, 05/12/26 (Call 05/12/24)(b)		200		196,904
ENN Energy Holdings Ltd., 2.63%, 09/17/30  (Call 06/17/30)(b)		200		194,600
Fortune Star BVI Ltd., 5.95%, 10/19/25 (Call 10/19/23)(b)		400		388,000
Franshion Brilliant Ltd.
4.00%, (Call 01/03/23)(b)(g)(h)		200		194,350
6.00%, (Call 02/08/26)(b)(g)(h)		200		195,060
GLP China Holdings Ltd., 2.95%, 03/29/26(b)		200		194,350
Haidilao International Holding Ltd., 2.15%, 01/14/26(b)		200		183,500
Huarong Finance 2017 Co. Ltd.
4.25%, 11/07/27(b)		200		197,500
4.75%, 04/27/27(b)		400		403,000
Huarong Finance 2019 Co. Ltd.
3.38%, 02/24/30 (Call 11/28/29)(b)		200		183,500
3.75%, 05/29/24(b)		400		397,000
3.88%, 11/13/29 (Call 08/13/29)(b)		200		191,000
4.50%, 05/29/29(b)		200		198,000
Huarong Finance II Co. Ltd., 5.50%, 01/16/25(b)		400		411,140

 3

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2022	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
China (continued)
ICBCIL Finance Co. Ltd.
1.63%, 11/02/24(b)	$	400	$	393,612
3.75%, 03/05/24(b)		400		412,575
Industrial & Commercial Bank of China Ltd., 3.20%,  (Call 09/24/26)(b)(g)(h)		1,100		1,109,625
Industrial & Commercial Bank of China Ltd./Hong Kong, 1.63%, 10/28/26(b)		200		195,564
Industrial & Commercial Bank of China Ltd./London, 1.11%, 10/25/23, (3 mo. LIBOR US + 0.850%)(b)(h)		400		402,336
Industrial & Commercial Bank of China Ltd./Singapore
1.00%, 10/28/24(b)		200		195,498
1.09%, 04/25/24, (3 mo. LIBOR US + 0.830%)(b)(h)		600		603,984
1.20%, 09/09/25(b)		200		194,420
Industrial & Commercial Bank of China Macau Ltd., 2.88%, 09/12/29 (Call 09/12/24)(b)(h)		600		604,987
Industrial Bank Co. Ltd./Hong Kong, 0.88%, 06/10/24(b)		400		390,632
International Bank of Azerbaijan OJSC, 3.50%, 09/01/24(b)		850		850,000
Inventive Global Investments Ltd., 1.65%, 09/03/25(b)		200		194,625
JD.com Inc., 3.88%, 04/29/26(c)		200		210,662
Joy Treasure Assets Holdings Inc., 3.50%, 09/24/29  (Call 06/24/29)(b)		400		393,720
Legend Fortune Ltd., 1.38%, 06/02/24(b)		200		195,924
Lenovo Group Ltd.
3.42%, 11/02/30 (Call 08/02/30)(b)		200		195,288
4.75%, 03/29/23(b)		200		205,600
Longfor Group Holdings Ltd., 3.95%, 09/16/29(b)		200		194,163
MCC Holding Hong Kong Corp. Ltd., 2.95%, (Call 04/20/24)(b)(g)(h)		200		203,600
Meituan
2.13%, 10/28/25 (Call 09/28/25)(b)		200		188,580
3.05%, 10/28/30 (Call 07/28/30)(b)		200		175,600
Pioneer Reward Ltd., 1.30%, 04/09/24(b)		200		196,813
Poly Real Estate Finance Ltd., 3.88%, 03/25/24(b)		400		405,700
Prosus NV, 4.85%, 07/06/27 (Call 04/06/27)(b)(c)		600		638,250
RKPF Overseas 2020 A Ltd., 5.20%, 01/12/26 (Call 01/12/24)(b)		200		168,000
SF Holding Investment Ltd., 2.88%, 02/20/30(b)		200		192,830
Shanghai Port Group BVI Development 2 Co. Ltd., 2.38%, 07/13/30 (Call 04/13/30)(b)		400		390,608
Shanghai Pudong Development Bank Co. Ltd./Hong Kong, 0.88%, 07/13/24(b)		200		195,372
Shimao Group Holdings Ltd., 5.60%, 07/15/26 (Call 07/15/23)(b)		600		273,000
Shui On Development Holding Ltd.
5.75%, 11/12/23 (Call 02/28/22)(b)		200		189,000
6.15%, 08/24/24 (Call 08/24/22)(b)		200		187,000
Sino-Ocean Land Treasure Finance II Ltd., 5.95%, 02/04/27(b)		200		183,913
Sino-Ocean Land Treasure IV Ltd., 4.75%, 08/05/29  (Call 05/05/29)(b)		200		166,000
Sinopec Capital 2013 Ltd., 3.13%, 04/24/23(b)		400		406,984
SMC Global Power Holdings Corp., 5.45%, (Call 12/09/26)(b)(g)(h)		600		573,750
State Elite Global Ltd., 1.03%, 10/24/24,  (3 mo. LIBOR US + 0.770%)(b)(h)		200		200,098
Sunac China Holdings Ltd.
5.95%, 04/26/24 (Call 01/26/23)(b)		400		234,000
6.50%, 01/10/25 (Call 01/10/23)(b)		400		232,000
Tencent Holdings Ltd.
1.81%, 01/26/26 (Call 12/26/25)(b)		400		392,825

Security	Par (000)		Value
China (continued)
2.39%, 06/03/30 (Call 03/03/30)(b)	$	400	$	380,450
2.88%, 04/22/31 (Call 01/22/31)(b)(c)		200		197,636
3.24%, 06/03/50 (Call 12/03/49)(b)		200		176,975
3.58%, 04/11/26 (Call 02/11/26)(b)(c)		200		209,287
3.60%, 01/19/28 (Call 10/19/27)(b)(c)		300		311,805
3.68%, 04/22/41 (Call 10/22/40)(f)		200		196,350
3.68%, 04/22/41 (Call 10/22/40)(b)		200		196,350
3.84%, 04/22/51 (Call 10/22/50)(b)		200		197,441
3.93%, 01/19/38 (Call 07/19/37)(b)(c)		200		203,162
3.94%, 04/22/61 (Call 10/22/60)(b)		200		197,413
3.98%, 04/11/29 (Call 01/11/29)(b)		600		636,862
4.53%, 04/11/49 (Call 10/11/48)(b)		200		220,475
Times China Holdings Ltd., 5.55%, 06/04/24  (Call 06/04/23)(b)		200		98,000
Vanke Real Estate Hong Kong Co. Ltd.
4.15%, 04/18/23(b)		200		202,788
4.20%, 06/07/24(b)		400		408,325
Vigorous Champion International Ltd., 2.75%, 06/02/25(b)		200		197,128
Weibo Corp., 3.38%, 07/08/30 (Call 04/08/30).		200		191,306
Well Hope Development Ltd., 3.88%, (Call 10/19/22)(b)(g)(h)		400		404,981
West China Cement Ltd., 4.95%, 07/08/26 (Call 07/08/24)(b)		200		185,500
Westwood Group Holdings Ltd., 2.80%, 01/20/26(b)		200		192,163
Xiaomi Best Time International Ltd., 3.38%, 04/29/30  (Call 01/29/30)(b)		200		199,538
Yancoal International Resources Development Co. Ltd., 3.50%, 11/04/23(b)		200		202,725
Yanlord Land HK Co. Ltd., 5.13%, 05/20/26 (Call 05/20/24)(b)		200		187,000
Yuzhou Group Holdings Co. Ltd., 7.38%, 01/13/26  (Call 01/13/24)(b)		200		43,000
				43,000,982
Colombia — 3.8%
AI Candelaria Spain SLU, 5.75%, 06/15/33 (Call 06/15/28)(b)		400		369,320
Avianca Midco 2 Ltd., 9.00%, 12/01/28.		1,000		996,250
Banco Davivienda SA, 6.65%, (Call 04/22/31)(b)(g)(h)		400		395,500
Banco de Bogota SA
4.38%, 08/03/27 (Call 05/03/27)(b)		550		549,753
6.25%, 05/12/26(b)		800		848,500
Bancolombia SA
3.00%, 01/29/25 (Call 12/29/24)		800		783,900
4.63%, 12/18/29 (Call 12/18/24)(c)(h)		400		395,530
4.88%, 10/18/27 (Call 10/18/22)(h)		600		596,625
Canacol Energy Ltd.
5.75%, 11/24/28 (Call 11/24/24)(f)		200		194,100
5.75%, 11/24/28 (Call 11/24/24)(b)		200		194,100
Colombia Telecomunicaciones SA ESP, 4.95%, 07/17/30  (Call 04/17/30)(b)		400		380,500
Ecopetrol SA
4.13%, 01/16/25		983		986,256
4.63%, 11/02/31 (Call 08/02/31)		600		551,868
5.38%, 06/26/26 (Call 03/26/26)		1,385		1,432,090
5.88%, 09/18/23		1,450		1,522,500
5.88%, 05/28/45(c)		1,650		1,450,985
5.88%, 11/02/51 (Call 05/02/51)(c)		650		556,517
6.88%, 04/29/30 (Call 01/29/30)		1,700		1,822,400
7.38%, 09/18/43		825		847,327
Geopark Ltd., 5.50%, 01/17/27 (Call 01/17/24)(b)		400		376,000
Grupo Aval Ltd., 4.38%, 02/04/30 (Call 11/04/29)(b)		1,000		935,187
Grupo de Inversiones Suramericana SA, 5.50%, 04/29/26  (Call 01/29/26)(b)		400		410,000

4

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2022	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Colombia (continued)
Millicom International Cellular SA
4.50%, 04/27/31 (Call 04/27/26)(b)(c)	$	600	$	581,535
6.25%, 03/25/29 (Call 03/25/24)(b)(c)		720		755,235
Oleoducto Central SA, 4.00%, 07/14/27 (Call 05/14/27)(b)		400		388,220
Promigas SA ESP/Gases del Pacifico SAC, 3.75%, 10/16/29  (Call 07/16/29)(b)		400		384,950
Sierracol Energy Andina Co., 6.00%, 06/15/28  (Call 06/15/24)(b)(c)		600		556,800
SURA Asset Management SA, 4.88%, 04/17/24(b)		400		416,325
Termocandelaria Power Ltd., 7.88%, 01/30/29  (Call 01/30/23)(b)(c)		340		340,850
Transportadora de Gas Internacional SA ESP, 5.55%, 11/01/28 (Call 08/01/28)(b)		600		647,925
				20,667,048
Congo, The Democratic Republic — 0.2%
HTA Group Ltd./Mauritius, 7.00%, 12/18/25 (Call 06/18/22)(b)		1,000		1,037,063
Ghana — 0.6%
Kosmos Energy Ltd., 7.13%, 04/04/26 (Call 04/04/22)(b)		600		586,050
Tullow Oil PLC
7.00%, 03/01/25 (Call 02/28/22)(b)		800		672,000
10.25%, 05/15/26 (Call 05/15/23)(b)		1,800		1,818,000
				3,076,050
Guatemala — 0.2%
Central American Bottling Corp. / CBC Bottling Holdco SL / Beliv Holdco SL, 5.25%, 04/27/29 (Call 04/27/26)(f)		344		349,160
Investment Energy Resources Ltd., 6.25%, 04/26/29  (Call 04/26/25)(b)		600		621,000
				970,160
Hong Kong — 4.8%
AIA Group Ltd.
2.70%, (Call 04/07/26)(b)(g)(h)		400		393,500
3.20%, 03/11/25 (Call 12/11/24)(b)		400		413,075
3.20%, 09/16/40 (Call 03/16/40)(b)		600		591,675
3.38%, 04/07/30 (Call 01/07/30)(b)		400		421,450
3.60%, 04/09/29 (Call 01/09/29)(b)		400		426,950
3.90%, 04/06/28 (Call 01/06/28)(b)(c)		200		216,225
4.50%, 03/16/46 (Call 09/16/45)(b)		400		474,192
Bank of China Hong Kong Ltd., 5.90%, (Call 09/14/23)(b)(g)(h)		1,200		1,271,400
Bank of Communications Hong Kong Ltd.
2.30%, 07/08/31 (Call 07/08/26)(b)(h)		250		243,002
3.73%, (Call 03/03/25)(b)(g)(h)		500		513,000
Bank of East Asia Ltd. (The)
4.00%, 05/29/30 (Call 05/29/25)(b)(h)		250		256,531
5.83%, (Call 10/21/25)(b)(g)(h)		250		257,500
5.88%, (Call 09/19/24)(b)(g)(h)		250		256,453
CAS Capital No. 1 Ltd., 4.00%, (Call 07/12/26)(b)(g)(h)		400		396,000
Castle Peak Power Finance Co. Ltd., 3.25%, 07/25/27(b)		200		208,412
Cathay Pacific MTN Financing HK Ltd., 4.88%, 08/17/26(b)		200		190,750
Celestial Dynasty Ltd., 4.25%, 06/27/29(b)		400		395,450
Celestial Miles Ltd., 5.75%, (Call 01/31/24)(b)(g)(h)		200		205,350
China Citic Bank, 3.25%, (Call 07/29/26)(b)(g)(h)		250		251,875
China CITIC Bank International Ltd.
4.63%, 02/28/29 (Call 02/28/24)(b)(h)		250		258,406
7.10%, (Call 11/06/23)(b)(g)(h)		200		214,000
CK Hutchison International 16 Ltd., 2.75%, 10/03/26(b)		200		205,000
CK Hutchison International 17 II Ltd., 3.25%, 09/29/27(b)(c)		200		208,225
CK Hutchison International 17 Ltd., 3.50%, 04/05/27(b)		400		420,624

Security	Par (000)		Value
Hong Kong (continued)
CK Hutchison International 19 II Ltd., 2.75%, 09/06/29  (Call 06/06/29)(b)	$	200	$	202,428
CK Hutchison International 19 Ltd.
3.25%, 04/11/24 (Call 03/11/24)(b)(c)		600		619,440
3.38%, 09/06/49 (Call 03/06/49)(b)		200		205,975
3.63%, 04/11/29 (Call 01/11/29)(b)		400		427,280
CK Hutchison International 20 Ltd.
2.50%, 05/08/30 (Call 02/08/30)(b)		400		393,588
3.38%, 05/08/50 (Call 11/08/49)(b)		400		415,575
CK Hutchison International 21 Co.
1.50%, 04/15/26 (Call 03/15/26)(b)		200		194,650
2.50%, 04/15/31 (Call 01/15/31)(b)(c)		400		392,952
3.13%, 04/15/41 (Call 10/15/40)(b)		200		197,676
CLP Power HK Finance Ltd., 3.55%, (Call 02/06/25)(b)(g)(h)		200		204,038
CLP Power Hong Kong Financing Ltd., 2.13%, 06/30/30(b)		200		193,163
Elect Global Investments Ltd.
4.10%, (Call 06/03/25)(b)(g)(h)		200		199,413
4.85%, (Call 08/25/23)(b)(g)		200		199,800
FWD Group Ltd.
0.00%, (Call 06/15/22)(b)(g)(h)(j)		200		194,975
5.75%, 07/09/24(b)		400		410,825
6.38%, (Call 09/13/24)(b)(g)(h)		200		204,162
Henderson Land MTN Ltd., 2.38%, 05/27/25(b)		200		195,663
HKT Capital No. 4 Ltd., 3.00%, 07/14/26(b)		400		408,450
HKT Capital No. 5 Ltd., 3.25%, 09/30/29(b)		200		205,225
Hongkong Electric Finance Ltd.
1.88%, 08/27/30 (Call 02/27/30)(b)		400		375,575
2.25%, 06/09/30 (Call 12/09/29)(b)		200		194,038
2.88%, 05/03/26(b)		200		205,225
Hongkong Land Finance Cayman Islands Co. Ltd., 2.25%, 07/15/31 (Call 04/15/31)(b)		200		191,120
Hongkong Land Finance Cayman Islands Co. Ltd. (The), 2.88%, 05/27/30 (Call 02/27/30)(b)		400		404,075
HPHT Finance 21 Ltd., 2.00%, 03/19/26 (Call 02/19/26)(b)		400		393,672
Hutchison Whampoa International 14 Ltd., 3.63%, 10/31/24(b)		800		838,680
Hutchison Whampoa International Ltd., 7.45%, 11/24/33(b)		100		145,370
Hysan MTN Ltd., 2.82%, 09/04/29(b)		200		201,100
IFC Development Corporate Treasury Ltd., 3.63%, 04/17/29(b)		200		211,537
JMH Co. Ltd., 2.50%, 04/09/31 (Call 01/09/31)(b)		400		388,828
Li & Fung Ltd.
4.38%, 10/04/24 (Call 09/04/24)(b)		200		201,913
4.50%, 08/18/25 (Call 07/18/25)(b)		200		201,413
5.25%, (Call 05/03/22)(b)(g)		200		135,000
Link Finance Cayman 2009 Ltd. (The), 3.60%, 09/03/24(b)		200		207,662
MTR Corp. Ltd., 1.63%, 08/19/30(b)		600		565,987
Nan Fung Treasury Ltd.
3.63%, 08/27/30(b)		200		195,488
5.00%, 09/05/28(b)		200		214,912
Nanyang Commercial Bank Ltd.
3.80%, 11/20/29 (Call 11/20/24)(b)(h)		250		254,344
5.00%, (Call 06/02/22)(b)(g)(h)		550		554,812
New World China Land Ltd., 4.75%, 01/23/27(b)		200		205,100
NWD Finance BVI Ltd.
4.13%, (Call 03/10/28)(b)(g)(h)		200		194,500
4.80%, (Call 09/09/23)(b)(g)		200		185,663
5.25%, (Call 03/22/26)(b)(g)(h)		400		412,700
6.25%, (Call 03/07/24)(b)(g)		400		404,200
NWD MTN Ltd.
4.13%, 07/18/29(b)		400		392,200

 5

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2022	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Hong Kong (continued)
4.50%, 05/19/30(b)	$	400	$	396,325
Panther Ventures Ltd., 3.50%, (Call 12/22/23)(b)(g)		200		180,475
PCCW-HKT Capital No. 5 Ltd., 3.75%, 03/08/23(b)		200		204,225
PCPD Capital Ltd., 5.13%, 06/18/26 (Call 06/18/24)(b)		400		398,000
Phoenix Lead Ltd., 4.85%, (Call 08/23/22)(b)(g)		200		199,600
Prudential PLC
2.95%, 11/03/33 (Call 08/03/28)(b)(h)		400		384,000
3.13%, 04/14/30		200		207,312
Seaspan Corp., 5.50%, 08/01/29 (Call 08/01/24)(b)		200		197,796
Sun Hung Kai Properties Capital Market Ltd.
2.75%, 05/13/30 (Call 02/13/30)(b)		200		199,038
2.88%, 01/21/30(b)		200		201,288
3.75%, 02/25/29(b)		200		213,787
Swire Pacific MTN Financing HK Ltd., 2.88%, 01/30/30  (Call 10/30/29)(b)		200		202,975
Swire Pacific MTN Financing Ltd., 4.50%, 10/09/23(b)		200		209,100
Swire Properties MTN Financing Ltd.
3.50%, 01/10/28(b)		200		210,850
3.63%, 01/13/26(b)		200		210,037
Wharf REIC Finance BVI Ltd., 3.50%, 01/17/28(b)		200		208,100
Wheelock MTN BVI Ltd., 2.38%, 01/25/26(b)		200		196,663
				26,049,008
India — 4.5%
ABJA Investment Co. Pte Ltd.
5.45%, 01/24/28(b)		400		424,000
5.95%, 07/31/24(b)		400		425,000
Adani Electricity Mumbai Ltd., 3.95%, 02/12/30(b)		400		385,700
Adani Green Energy Ltd.
4.38%, 09/08/24(f)		200		199,750
4.38%, 09/08/24(b)		200		199,750
Adani Green Energy UP Ltd./Prayatna Developers Pvt
Ltd./Parampujya Solar Energy, 6.25%, 12/10/24(b)		200		212,037
Adani Ports & Special Economic Zone Ltd.
3.10%, 02/02/31(b)		200		182,648
3.38%, 07/24/24(b)		400		406,575
4.00%, 07/30/27 (Call 06/30/27)(b)		200		202,288
4.20%, 08/04/27 (Call 02/04/27)(b)		200		204,470
4.38%, 07/03/29(b)		400		405,325
Adani Transmission Ltd., 4.00%, 08/03/26(b)		200		207,163
Axis Bank Ltd./Gift City, 4.10%, (Call 09/08/26)(f)(g)(h)		200		194,100
Bharat Petroleum Corp. Ltd., 4.00%, 05/08/25(b)		200		205,663
Bharti Airtel International Netherlands BV, 5.35%, 05/20/24(b)		400		425,450
Bharti Airtel Ltd.
3.25%, 06/03/31 (Call 03/05/31)(b)		400		394,040
4.38%, 06/10/25(b)		600		630,487
BPRL International Singapore Pte Ltd., 4.38%, 01/18/27(b)		400		410,200
CA Magnum Holdings, 5.38%, 10/31/26 (Call 10/31/23)(f)		400		407,880
Continuum Energy Levanter Pte Ltd., 4.50%, 02/09/27  (Call 02/09/24)(b)		199		196,267
Delhi International Airport Ltd., 6.13%, 10/31/26(b)		600		593,175
Future Retail Ltd., 5.60%, 01/22/25 (Call 01/22/23)(b)		200		114,500
Greenko Dutch BV, 3.85%, 03/29/26 (Call 03/29/23)(b)		394		387,105
Greenko Power II Ltd., 4.30%, 12/13/28 (Call 12/14/24)(f)		200		193,000
Greenko Solar Mauritius Ltd.
5.55%, 01/29/25 (Call 03/18/22)(b)		400		402,000
5.95%, 07/29/26 (Call 07/29/22)(b)		400		413,000
HCL America Inc., 1.38%, 03/10/26 (Call 02/10/26)(b)		200		191,350
HDFC Bank Ltd., 3.70%, (Call 08/25/26)(b)(g)(h)		400		387,280
Hindustan Petroleum Corp. Ltd., 4.00%, 07/12/27(b)		200		207,288
ICICI Bank Ltd./Dubai, 4.00%, 03/18/26(b)		650		684,247

Security	Par (000)		Value
India (continued)
Indian Oil Corp. Ltd., 4.75%, 01/16/24(b)	$	600	$	628,237
Indian Railway Finance Corp. Ltd.
2.80%, 02/10/31(b)		400		375,020
3.25%, 02/13/30(b)		200		197,100
3.73%, 03/29/24(b)		200		206,225
3.84%, 12/13/27(b)		200		208,975
JSW Hydro Energy Ltd., 4.13%, 05/18/31 (Call 05/18/26)(b)		386		362,840
JSW Steel Ltd.
3.95%, 04/05/27 (Call 10/05/26)(f)		200		191,750
5.05%, 04/05/32 (Call 10/05/31)(f)		200		185,500
Network i2i Ltd.
3.98%, (Call 03/03/26)(b)(g)(h)		200		195,600
5.65%, (Call 01/15/25)(b)(g)(h)		400		413,700
NTPC Ltd.
4.25%, 02/26/26(b)		200		210,662
4.38%, 11/26/24(b)		200		209,662
Oil India International Pte Ltd., 4.00%, 04/21/27(b)		200		206,600
Oil India Ltd.
5.13%, 02/04/29(b)		200		218,225
5.38%, 04/17/24(b)		200		212,600
ONGC Videsh Ltd., 4.63%, 07/15/24(b)		400		420,575
ONGC Videsh Vankorneft Pte Ltd., 3.75%, 07/27/26(b)		400		412,825
Periama Holdings LLC/DE, 5.95%, 04/19/26(b)		600		619,500
Power Finance Corp. Ltd.
3.35%, 05/16/31(b)		400		383,356
3.95%, 04/23/30(b)(c)		400		400,575
4.50%, 06/18/29(b)		400		415,825
REC Ltd.
2.25%, 09/01/26(b)		200		192,038
3.38%, 07/25/24(b)		400		406,200
5.25%, 11/13/23(b)		400		418,700
Reliance Industries Ltd.
2.88%, 01/12/32(f)		600		581,928
3.63%, 01/12/52(f)		700		662,011
3.67%, 11/30/27(b)		500		523,750
3.75%, 01/12/62(f)		400		382,240
4.13%, 01/28/25(b)(c)		250		263,079
4.88%, 02/10/45(b)		250		297,781
6.25%, 10/19/40(b)		250		338,094
ReNew Power Synthetic, 6.67%, 03/12/24 (Call 02/28/22)(b)		200		205,475
ReNew Wind Energy AP2/ReNew Power Pvt Ltd. other 9
Subsidiaries, 4.50%, 07/14/28 (Call 10/14/23)(b)		200		191,000
Shriram Transport Finance Co. Ltd., 4.40%, 03/13/24(b)		200		197,500
State Bank of India/London
1.80%, 07/13/26(b)		400		388,296
4.38%, 01/24/24(b)		400		417,075
4.88%, 04/17/24(b)		400		422,950
Summit Digitel Infrastructure Pvt. Ltd., 2.88%, 08/12/31  (Call 08/12/30)(b)		200		186,684
Vedanta Resources Finance II PLC
8.95%, 03/11/25 (Call 09/11/24)(b)		600		570,120
9.25%, 04/23/26 (Call 04/23/23)(b)(c)		200		178,500
13.88%, 01/21/24 (Call 12/21/22)(b)		400		415,200
Vedanta Resources Ltd.
6.13%, 08/09/24 (Call 02/28/22)(b)		400		344,075
7.13%, 05/31/23(b)		200		189,350
Wipro IT Services LLC, 1.50%, 06/23/26 (Call 05/23/26)(b)(c)		400		384,125
				24,723,261
Indonesia — 2.8%
Adaro Indonesia PT, 4.25%, 10/31/24 (Call 10/31/22)(b)		750		758,109

6

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2022	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Indonesia (continued)
Bank Mandiri Persero Tbk PT
3.75%, 04/11/24(b)	$	200	$	205,913
4.75%, 05/13/25(b)		1,000		1,069,250
Bank Negara Indonesia Persero Tbk PT
3.75%, 03/30/26(b)		400		398,044
4.30%, (Call 03/24/27)(b)(g)(h)		800		766,088
Bank Rakyat Indonesia Persero Tbk PT
3.95%, 03/28/24(b)		700		724,577
4.63%, 07/20/23(b)		200		207,272
Cikarang Listrindo Tbk PT, 4.95%, 09/14/26 (Call 02/28/22)(b)		400		403,325
Indika Energy Capital III Pte Ltd., 5.88%, 11/09/24  (Call 02/28/22)(b)(c)		450		445,584
Indika Energy Capital IV Pte Ltd., 8.25%, 10/22/25  (Call 10/22/22)(b)		750		750,000
Indofood CBP Sukses Makmur Tbk PT
3.40%, 06/09/31 (Call 12/09/30)(b)		1,000		952,610
3.54%, 04/27/32 (Call 10/27/31)(b)		600		571,566
4.75%, 06/09/51 (Call 12/09/50)(b)		600		564,066
LLPL Capital Pte Ltd., 6.88%, 02/04/39(b)		717		787,437
Medco Bell Pte Ltd., 6.38%, 01/30/27 (Call 01/30/24)(b)		600		582,000
Medco Oak Tree Pte Ltd., 7.38%, 05/14/26  (Call 05/14/23)(b)(c)		600		609,750
Medco Platinum Road Pte Ltd., 6.75%, 01/30/25  (Call 02/28/22)(b)		400		401,575
Minejesa Capital BV
4.63%, 08/10/30(b)		1,200		1,174,632
5.63%, 08/10/37(b)		800		792,650
Perusahaan Gas Negara Tbk PT, 5.13%, 05/16/24(b)		1,400		1,479,800
Saka Energi Indonesia PT, 4.45%, 05/05/24(b)		800		775,900
Star Energy Geothermal Darajat II/Star Energy Geothermal Salak, 4.85%, 10/14/38 (Call 10/14/29)(b)		800		835,400
				15,255,548
Israel — 3.5%
Bank Hapoalim BM, 3.26%, 01/21/32 (Call 01/21/27)(f)(h)		800		780,000
Bank Leumi Le-Israel BM, 3.28%, 01/29/31  (Call 01/29/26)(f)(h)		600		589,875
Energean Israel Finance Ltd.
4.50%, 03/30/24 (Call 12/30/23)(f)		400		397,500
4.88%, 03/30/26 (Call 12/30/25)(f)		500		490,500
5.38%, 03/30/28 (Call 09/30/27)(f)		600		583,500
5.88%, 03/30/31 (Call 09/30/30)(f)		500		484,375
ICL Group Ltd., 6.38%, 05/31/38 (Call 11/30/37)(f)		550		681,313
Israel Electric Corp. Ltd.
4.25%, 08/14/28(f)		800		866,568
6.88%, 06/21/23(b)		400		428,325
Series 6, 5.00%, 11/12/24(f)		1,000		1,075,030
Leviathan Bond Ltd.
5.75%, 06/30/23 (Call 03/30/23)(f)		300		307,088
6.13%, 06/30/25 (Call 03/30/25)(f)		450		471,459
6.50%, 06/30/27 (Call 12/30/26)(f)		500		533,125
6.75%, 06/30/30 (Call 12/30/29)(f)		425		450,500
Mizrahi Tefahot Bank Ltd., 3.08%, 04/07/31 (Call 04/07/26)(f)(h)		600		587,250
Playtika Holding Corp., 4.25%, 03/15/29 (Call 03/15/24)(b)		500		478,125
Teva Pharmaceutical Finance Co. LLC, 6.15%, 02/01/36(c)		650		660,888
Teva Pharmaceutical Finance Netherlands III BV
2.80%, 07/21/23		1,186		1,164,409
3.15%, 10/01/26(c)		2,801		2,570,926
4.10%, 10/01/46(c)		1,540		1,232,000
4.75%, 05/09/27 (Call 02/09/27)		800		771,160

Security	Par (000)		Value
Israel (continued)
5.13%, 05/09/29 (Call 02/09/29)	$	800	$	771,440
6.00%, 04/15/24 (Call 01/15/24)		1,000		1,013,750
6.75%, 03/01/28 (Call 12/01/27)(c)		900		949,513
7.13%, 01/31/25 (Call 10/31/24)		800		834,248
				19,172,867
Jamaica — 0.6%
Digicel Group Holdings Ltd., 10.00%, (2.00% PIK), 04/01/24 (Call 02/14/22)(c)(i)		884		884,558
Digicel International Finance Ltd./Digicel international Holdings Ltd., 8.75%, 05/25/24 (Call 02/14/22)(b)		1,550		1,588,909
Digicel Ltd., 6.75%, 03/01/23 (Call 02/14/22)(b)(c)		600		585,750
				3,059,217
Jordan — 0.1%
Hikma Finance USA LLC, 3.25%, 07/09/25(b)		600		608,250
Kazakhstan — 0.4%
Tengizchevroil Finance Co. International Ltd.
2.63%, 08/15/25 (Call 05/15/25)(b)		600		583,500
3.25%, 08/15/30 (Call 02/15/30)(b)		600		573,900
4.00%, 08/15/26(b)		900		925,200
				2,082,600
Kuwait — 1.8%
Boubyan Sukuk Ltd., 2.59%, 02/18/25(b)		600		606,120
Burgan Bank SAK
2.75%, 12/15/31 (Call 09/15/26)(b)(h)		600		537,750
5.75%, (Call 07/09/24)(b)(g)(h)		400		396,700
Equate Petrochemical BV
2.63%, 04/28/28 (Call 01/28/28)(b)		600		584,250
4.25%, 11/03/26(b)		1,200		1,277,100
Equate Sukuk Spc Ltd., 3.94%, 02/21/24(b)		600		622,500
Kuwait Projects Co. SPC Ltd.
4.23%, 10/29/26(b)		600		561,488
4.50%, 02/23/27(b)		400		374,200
5.00%, 03/15/23(b)		400		398,450
MEGlobal Canada ULC
5.00%, 05/18/25(b)		1,000		1,072,062
5.88%, 05/18/30(b)		600		704,925
NBK SPC Ltd., 1.63%, 09/15/27 (Call 09/15/26)(f)(h)		800		765,000
NBK Tier 1 Financing 2 Ltd., 4.50%, (Call 08/27/25)(b)(g)(h)		800		802,650
NBK Tier 1 Financing Ltd., 3.63%, (Call 08/24/26)(b)(g)(h)		800		778,500
Warba Sukuk Ltd., 2.98%, 09/24/24(b)		400		408,950
				9,890,645
Luxembourg — 0.4%
Altice Financing SA
5.00%, 01/15/28 (Call 01/15/23)(b)		1,000		927,500
5.75%, 08/15/29 (Call 08/15/24)(f)		1,400		1,305,500
				2,233,000
Macau — 3.7%
Champion Path Holdings Ltd.
4.50%, 01/27/26 (Call 01/27/24)(b)		400		356,000
4.85%, 01/27/28 (Call 01/27/25)(b)		600		519,113
Melco Resorts Finance Ltd.
4.88%, 06/06/25 (Call 02/28/22)(b)(c)		1,004		977,645
5.25%, 04/26/26 (Call 04/26/22)(b)(c)		400		389,575
5.38%, 12/04/29 (Call 12/04/24)(b)		1,200		1,132,500
5.63%, 07/17/27 (Call 07/17/22)(b)(c)		600		576,862
5.75%, 07/21/28 (Call 07/21/23)(b)(c)		800		769,650
MGM China Holdings Ltd.
4.75%, 02/01/27 (Call 02/01/24)(b)		600		575,250

 7

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2022	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Macau (continued)
5.25%, 06/18/25 (Call 06/18/22)(b)	$	400	$	394,075
5.38%, 05/15/24 (Call 02/07/22)(b)		800		796,900
5.88%, 05/15/26 (Call 05/15/22)(b)		800		799,900
Sands China Ltd.
2.30%, 03/08/27 (Call 02/08/27)(f)		400		362,132
2.30%, 03/08/27 (Call 02/08/27)(b)		200		181,066
2.85%, 11/07/29 (Call 01/08/29)(f)		600		530,904
3.25%, 08/08/31 (Call 05/08/31)(f)		500		445,335
3.80%, 01/08/26 (Call 12/08/25)(c)		600		589,890
4.38%, 06/18/30 (Call 03/18/30)(c)		800		780,104
5.13%, 08/08/25 (Call 06/08/25)		1,800		1,853,118
5.40%, 08/08/28 (Call 05/08/28)		2,000		2,067,880
Studio City Finance Ltd.
5.00%, 01/15/29 (Call 01/15/24)(b)		1,100		951,362
6.00%, 07/15/25 (Call 07/15/22)(b)		400		380,450
6.50%, 01/15/28 (Call 07/15/23)(b)		600		565,500
Wynn Macau Ltd.
4.88%, 10/01/24 (Call 02/28/22)(b)		400		380,440
5.13%, 12/15/29 (Call 12/15/24)(b)		800		716,000
5.50%, 01/15/26 (Call 06/15/22)(b)		1,000		938,300
5.50%, 10/01/27 (Call 10/01/22)(b)		800		744,000
5.63%, 08/26/28 (Call 08/26/23)(b)		1,400		1,263,500
				20,037,451
Malaysia — 1.6%
Axiata SPV2 Bhd
2.16%, 08/19/30 (Call 05/19/30)(b)		600		577,613
4.36%, 03/24/26(b)		400		431,325
Axiata SPV5 Labuan Ltd., 3.06%, 08/19/50 (Call 02/19/50)(b)		1,000		917,687
CIMB Bank Bhd
1.01%, 10/09/24, (3 mo. LIBOR US + 0.780%)(b)(h)		600		603,863
2.13%, 07/20/27(f)		500		493,930
Genm Capital Labuan Ltd., 3.88%, 04/19/31  (Call 01/19/31)(b)		1,000		930,812
Gohl Capital Ltd., 4.25%, 01/24/27(b)		1,400		1,388,100
Malayan Banking Bhd, 0.96%, 08/16/24,  (3 mo. LIBOR US + 0.800%)(b)(h)		900		906,075
Parkway Pantai Ltd., 4.25%, (Call 07/27/22)(b)(g)(h)		400		397,450
RBH Bank, 1.66%, 06/29/26(b)		400		390,784
TNB Global Ventures Capital Bhd
3.24%, 10/19/26(b)		600		614,737
4.85%, 11/01/28(b)		800		903,150
				8,555,526
Mexico — 5.0%
Alfa SAB de CV
5.25%, 03/25/24 (Call 12/25/23)(b)		200		209,663
6.88%, 03/25/44 (Call 09/25/43)(b)		200		246,687
Alpek SAB de CV, 4.25%, 09/18/29 (Call 06/18/29)(b)		400		413,950
America Movil SAB de CV
2.88%, 05/07/30 (Call 02/07/30)		400		400,825
3.63%, 04/22/29 (Call 01/22/29)		200		210,600
4.38%, 07/16/42		400		445,575
4.38%, 04/22/49 (Call 10/22/48)(c)		400		457,890
6.13%, 03/30/40		600		790,237
6.38%, 03/01/35		650		845,409
Banco Inbursa SA Institucion De Banca Multiple Grupo Financiero Inbursa
4.13%, 06/06/24(b)		450		464,569
4.38%, 04/11/27 (Call 01/11/27)(b)(c)		150		157,245

Security	Par (000)		Value
Mexico (continued)
Banco Mercantil del Norte SA/Grand Cayman
5.88%, (Call 01/24/27)(f)(g)(h)	$	200	$	192,850
6.63%, (Call 01/24/32)(f)(g)(h)		200		192,082
6.75%, (Call 09/27/24)(b)(c)(g)(h)		400		407,825
7.63%, (Call 01/10/28)(b)(g)(h)		200		203,534
8.38%, (Call 10/14/30)(b)(g)(h)		200		218,975
Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand
5.38%, 04/17/25(b)		700		755,125
5.95%, 10/01/28 (Call 10/01/23)(b)(h)		400		415,888
BBVA Bancomer SA/Texas
1.88%, 09/18/25(b)		200		195,050
4.38%, 04/10/24(b)		200		208,590
5.13%, 01/18/33 (Call 01/17/28)(b)(h)		400		402,036
5.88%, 09/13/34 (Call 09/13/29)(b)(h)		400		425,000
Becle SAB de CV, 2.50%, 10/14/31 (Call 07/14/31)(f)		200		188,144
Bimbo Bakeries USA Inc., 4.00%, 05/17/51 (Call 11/17/50)(b)		200		207,600
Braskem Idesa SAPI
6.99%, 02/20/32 (Call 02/20/27)(f)		400		395,000
7.45%, 11/15/29 (Call 11/15/24)(b)(c)		400		408,602
Cemex SAB de CV
3.88%, 07/11/31 (Call 07/11/26)(b)		800		755,760
5.20%, 09/17/30 (Call 09/17/25)(b)		400		412,000
5.45%, 11/19/29 (Call 11/19/24)(b)		400		416,000
7.38%, 06/05/27 (Call 06/05/23)(b)		200		217,480
Cemex SAB De CV, 5.13%, (Call 06/08/26)(b)(g)(h)		400		400,604
Cibanco SA Ibm/PLA Administradora Industrial S de RL de CV, 4.96%, 07/18/29 (Call 04/18/29)(b)		200		212,100
CIBANCO SA Institucion de Banca Multiple Trust CIB/3332,
4.38%, 07/22/31 (Call 04/22/31)(f)		200		186,725
Coca-Cola Femsa SAB de CV
1.85%, 09/01/32 (Call 06/01/32)		150		136,388
2.75%, 01/22/30 (Call 10/22/29)		500		494,235
5.25%, 11/26/43		300		379,181
Cometa Energia SA de CV, 6.38%, 04/24/35 (Call 01/24/35)(b)(c)		360		394,661
Credito Real SAB de CV, 8.00%, 01/21/28 (Call 01/21/25)(b)		200		60,350
FEL Energy VI Sarl, 5.75%, 12/01/40 (Call 12/01/37)(b)		386		377,917
Fomento Economico Mexicano SAB de CV
3.50%, 01/16/50 (Call 07/16/49)		1,050		1,047,375
4.38%, 05/10/43		150		171,141
Fresnillo PLC, 4.25%, 10/02/50 (Call 04/02/50)(b)		400		388,325
Grupo Bimbo SAB de CV
3.88%, 06/27/24(b)		200		208,788
4.00%, 09/06/49(b)		200		207,038
4.70%, 11/10/47 (Call 05/10/47)(b)(c)		200		228,662
4.88%, 06/27/44(b)		400		458,575
5.95%, (Call 04/17/23)(b)(g)(h)		200		205,350
Grupo Televisa SAB
5.00%, 05/13/45 (Call 11/13/44)		400		452,700
5.25%, 05/24/49 (Call 11/24/48)(c)		200		239,912
6.13%, 01/31/46 (Call 07/31/45)(c)		200		259,787
6.63%, 03/18/25		200		224,538
6.63%, 01/15/40		320		416,660
Industrias Penoles SAB de CV
4.15%, 09/12/29 (Call 06/12/29)(b)		200		208,350
4.75%, 08/06/50 (Call 02/06/50)(b)		200		204,413
5.65%, 09/12/49 (Call 03/12/49)(b)		200		230,350
Infraestructura Energetica Nova SAB de CV
4.75%, 01/15/51 (Call 07/15/50)(b)		400		380,575

8

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2022	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Mexico (continued)
4.88%, 01/14/48(b)	$	200	$	192,600
Mexico Remittances Funding Fiduciary Estate Management Sarl, 4.88%, 01/15/28(b)		400		368,950
Minera Mexico SA de CV, 4.50%, 01/26/50 (Call 07/26/49)(b)		400		415,200
Nemak SAB de CV, 3.63%, 06/28/31 (Call 03/28/31)(f)		200		184,776
Orbia Advance Corp. SAB de CV
1.88%, 05/11/26 (Call 04/11/26)(b)		100		95,888
2.88%, 05/11/31 (Call 02/11/31)(b)		400		379,950
4.00%, 10/04/27 (Call 07/04/27)(b)		200		208,760
5.50%, 01/15/48 (Call 07/15/47)(b)		400		440,575
Sigma Alimentos SA de CV, 4.13%, 05/02/26  (Call 02/02/26)(b)(c)		600		624,862
Southern Copper Corp.
3.88%, 04/23/25		300		313,837
5.25%, 11/08/42		500		602,575
5.88%, 04/23/45		500		652,125
6.75%, 04/16/40		400		537,825
7.50%, 07/27/35		400		551,075
Total Play Telecomunicaciones SA de CV
6.38%, 09/20/28 (Call 09/30/25)(f)		200		186,500
7.50%, 11/12/25 (Call 11/12/23)(b)		200		200,500
Trust Fibra Uno
4.87%, 01/15/30 (Call 10/30/29)(b)		600		616,425
5.25%, 01/30/26 (Call 10/30/25)(b)(c)		400		429,825
6.39%, 01/15/50 (Call 07/15/49)(b)		200		223,969
6.95%, 01/30/44 (Call 07/30/43)(b)		200		236,411
Unifin Financiera SAB de CV, 9.88%, 01/28/29  (Call 01/28/25)(b)		200		116,875
				27,014,394
Moldova — 0.1%
Aragvi Finance International SR, 8.45%, 04/29/26  (Call 04/29/24)(b)		400		402,650
Morocco — 0.6%
OCP SA
3.75%, 06/23/31 (Call 03/23/31)(b)		1,200		1,152,000
4.50%, 10/22/25(b)		400		414,575
5.13%, 06/23/51 (Call 12/23/50)(b)		800		722,800
5.63%, 04/25/24(b)		525		555,286
6.88%, 04/25/44(b)		400		445,950
				3,290,611
Nigeria — 0.8%
Access Bank PLC
6.13%, 09/21/26(f)		400		394,000
6.13%, 09/21/26(b)		200		197,000
9.13%, (Call 10/07/26)(f)(g)(h)		400		388,000
Africa Finance Corp., 2.88%, 04/28/28(b)		800		779,000
IHS Holding Ltd.
5.63%, 11/29/26 (Call 11/29/23)(f)		400		403,000
6.25%, 11/29/28 (Call 11/29/24)(c)(f)		600		606,480
IHS Netherlands Holdco BV, 8.00%, 09/18/27 (Call 09/18/22)(b)		900		947,250
SEPLAT Energy PLC, 7.75%, 04/01/26 (Call 04/01/23)(b)		600		600,750
				4,315,480
Oman — 0.5%
Bank Muscat SAOG
4.75%, 03/17/26(b)		600		617,250
4.88%, 03/14/23(b)		400		408,000
National Bank of Oman SAOG, 5.63%, 09/25/23(b)		400		412,200

Security	Par (000)		Value
Oman (continued)
Oztel Holdings SPC Ltd.
5.63%, 10/24/23(b)	$	800	$	825,000
6.63%, 04/24/28(b)		700		751,800
				3,014,250
Panama — 0.8%
AES Panama Generation Holdings SRL, 4.38%, 05/31/30  (Call 02/28/30)(b)		1,200		1,196,850
Banco General SA, 4.13%, 08/07/27 (Call 05/07/27)(b)(c)		600		629,550
C&W Senior Financing DAC, 6.88%, 09/15/27 (Call 09/15/22)(b)(c)		1,200		1,246,500
Cable Onda SA, 4.50%, 01/30/30 (Call 01/30/25)(b)		600		609,300
Sable International Finance Ltd., 5.75%, 09/07/27 (Call 09/07/22)(b)(c)		500		510,000
				4,192,200
Paraguay — 0.2%
Bioceanico Sovereign Certificate Ltd., 0.00%, 06/05/34(b)(j)		574		429,092
Telefonica Celular del Paraguay SA, 5.88%, 04/15/27  (Call 04/15/22)(b)		600		618,801
				1,047,893
Peru — 1.9%
Banco de Credito del Peru
2.70%, 01/11/25 (Call 12/11/24)(b)		1,100		1,111,412
3.13%, 07/01/30 (Call 07/01/25)(b)(h)		750		733,969
3.25%, 09/30/31 (Call 09/30/26)(b)(h)		600		585,113
4.25%, 04/01/23(b)		200		205,975
Cia de Minas Buenaventura SAA, 5.50%, 07/23/26  (Call 07/23/23)(f)		400		396,650
Cia. De Minas Buenaventur Co., 5.50%, 07/23/26  (Call 07/23/23)(b)		200		198,325
Consorcio Transmantaro SA, 4.70%, 04/16/34(b)		600		645,000
Credicorp Ltd., 2.75%, 06/17/25 (Call 05/17/25)(b)		400		400,200
Hunt Oil Co. of Peru LLC Sucursal Del Peru, 6.38%, 06/01/28(b)		575		571,423
Inkia Energy Ltd., 5.88%, 11/09/27 (Call 11/09/22)(b)		600		604,800
InRetail Consumer, 3.25%, 03/22/28 (Call 01/22/28)(b)		600		580,613
Kallpa Generacion SA, 4.13%, 08/16/27 (Call 05/16/27)(b)(c)		600		609,300
Lima Metro Line 2 Finance Ltd.
4.35%, 04/05/36(b)		771		802,446
5.88%, 07/05/34(b)		494		553,846
Minsur SA, 4.50%, 10/28/31(f)		400		400,325
Nexa Resources SA, 6.50%, 01/18/28 (Call 10/18/27)(b)		600		646,237
Peru LNG Srl, 5.38%, 03/22/30(b)		800		688,000
Transportadora de Gas del Peru SA, 4.25%, 04/30/28(b)		600		627,487
				10,361,121
Philippines — 1.7%
Bank of the Philippine Islands, 4.25%, 09/04/23(b)		600		625,050
BDO Unibank Inc.
2.13%, 01/13/26(b)		1,000		992,500
2.95%, 03/06/23(b)		200		202,350
Globe Telecom Inc., 4.20%, (Call 08/02/26)(b)(g)(h)		600		600,672
HPHT Finance 19 Ltd., 2.88%, 11/05/24(b)		200		203,725
JGSH Philippines Ltd., 4.13%, 07/09/30(b)		600		611,737
Manila Water Co. Inc., 4.38%, 07/30/30 (Call 07/30/25)(b)		600		610,987
Metropolitan Bank & Trust Co., 2.13%, 01/15/26(b)		600		595,500
Petron Corp.
4.60%, (Call 07/19/23)(b)(g)(h)		400		395,200
5.95%, (Call 04/19/26)(b)(g)(h)		600		607,500
Philippine National Bank, 3.28%, 09/27/24(b)		800		810,400
San Miguel Crop., 5.50%, (Call 07/29/25)(b)(g)(h)		400		402,000

 9

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2022	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Philippines (continued)
SMC Global Power Holdings Corp.
5.70%, (Call 01/21/26)(b)(g)(h)	$	600	$	582,113
5.95%, (Call 05/05/25)(b)(g)(h)		400		393,200
6.50%, (Call 04/25/24)(b)(g)(h)		700		698,600
7.00%, (Call 10/21/25)(b)(g)(h)		800		808,900
				9,140,434
Poland — 0.1%
Canpack SA/Canpack U.S. LLC
3.88%, 11/15/29 (Call 11/15/24)(f)		600		575,656
3.88%, 11/15/29 (Call 11/15/24)(b)		100		95,943
				671,599
Qatar — 3.7%
ABQ Finance Co., 2.00%, 07/06/26(b)		400		389,500
ABQ Finance Ltd.
1.88%, 09/08/25(b)		600		587,250
3.13%, 09/24/24(b)		400		409,500
AKCB Finance Ltd., 4.75%, 10/09/23(b)		400		420,000
CBQ Finance Ltd.
2.00%, 09/15/25(b)		400		394,000
2.00%, 05/12/26(b)		1,000		977,500
5.00%, 05/24/23(b)		400		416,825
Commercial Bank PSQC (The), 4.50%, (Call 03/03/26)(b)(g)(h)		600		603,000
Doha Finance Ltd., 2.38%, 03/31/26(b)		1,000		983,750
MAR Sukuk Ltd.
2.21%, 09/02/25(b)		800		795,150
3.03%, 11/13/24(b)		400		409,075
Nakilat Inc., 6.07%, 12/31/33(b)		806		982,225
Ooredoo International Finance Ltd.
2.63%, 04/08/31(b)		1,200		1,177,500
3.75%, 06/22/26(b)		600		640,238
3.88%, 01/31/28(b)		400		431,825
4.50%, 01/31/43(b)		200		237,663
5.00%, 10/19/25(b)		800		880,650
QIB Sukuk Ltd.
1.49%, 02/07/25, (3 mo. LIBOR US + 1.350%)(b)(h)		600		601,800
1.95%, 10/27/25(b)		1,000		987,500
3.98%, 03/26/24(b)		800		835,650
QIIB Senior Sukuk Ltd., 4.26%, 03/05/24(b)		600		627,750
QNB Finance Ltd.
1.38%, 01/26/26(b)		1,050		1,008,000
1.63%, 09/22/25(b)		600		586,500
2.63%, 05/12/25(b)		800		807,000
2.75%, 02/12/27(b)		1,100		1,111,550
3.50%, 03/28/24(b)		800		828,150
Ras Laffan Liquefied Natural Gas Co. Ltd. III
5.84%, 09/30/27(b)		917		1,019,697
6.33%, 09/30/27(b)		763		845,642
				19,994,890
Russia — 4.3%
Alfa Bank AO Via Alfa Bond Issuance PLC
5.95%, 04/15/30 (Call 04/15/25)(b)(h)		400		381,000
6.95%, (Call 04/30/23)(b)(g)(h)		200		193,000
8.00%, (Call 02/03/23)(b)(g)(h)		600		595,500
ALROSA Finance SA
3.10%, 06/25/27 (Call 03/25/27)(b)		200		187,600
4.65%, 04/09/24 (Call 01/09/24)(b)		400		406,200
Credit Bank of Moscow Via CBOM Finance PLC
4.70%, 01/29/25(b)		400		365,950
8.88%, (Call 11/10/22)(b)(g)(h)		400		351,700

Security	Par (000)		Value
Russia (continued)
Eurochem Finance DAC, 5.50%, 03/13/24 (Call 12/13/23)(b)	$	400	$	409,840
Evraz PLC
5.25%, 04/02/24 (Call 01/02/24)(b)		400		408,575
5.38%, 03/20/23(b)		400		407,575
Gazprom Neft OAO Via GPN Capital SA, 6.00%, 11/27/23(b)		800		831,150
Gazprom PJSC Via Gaz Capital SA
4.95%, 02/06/28(b)		4,514		4,555,980
7.29%, 08/16/37(b)		900		1,084,500
8.63%, 04/28/34(b)		790		1,023,050
Lukoil Capital DAC
2.80%, 04/26/27		600		553,500
3.60%, 10/26/31 (Call 07/26/31)(b)		400		362,000
Lukoil International Finance BV
4.56%, 04/24/23(b)		200		202,600
4.75%, 11/02/26(b)		800		811,650
Lukoil Securities BV, 3.88%, 05/06/30(b)		1,250		1,168,750
Metalloinvest Finance DAC
3.38%, 10/22/28 (Call 07/22/28)(f)		200		184,000
3.38%, 10/22/28 (Call 07/22/28)(b)		200		184,000
MMC Norilsk Nickel OJSC via MMC Finance DAC, 4.10%, 04/11/23 (Call 01/11/23)(b)		500		503,750
MMC Norilsk Nickel OJSC Via MMC Finance DAC
2.55%, 09/11/25 (Call 06/11/25)(b)		200		187,000
3.38%, 10/28/24 (Call 07/28/24)(b)		600		588,000
MMK International Capital DAC, 4.38%, 06/13/24  (Call 03/13/24)(b)		400		404,325
Mobile Telesystems OJSC Via MTS International Funding DAC, 5.00%, 05/30/23(b)		200		203,475
Novolipetsk Steel Via Steel Funding DAC, 4.70%, 05/30/26  (Call 02/28/26)(b)		400		407,325
Phosagro OAO Via Phosagro Bond Funding DAC
2.60%, 09/16/28 (Call 06/16/28)(b)		200		177,500
3.05%, 01/23/25 (Call 10/23/24)(b)		600		580,500
PIK Securities DAC, 5.63%, 11/19/26 (Call 08/19/26)(f)		200		186,000
Polyus Finance PLC, 3.25%, 10/14/28 (Call 07/14/28)(b)		400		361,600
Sberbank of Russia Via SB Capital SA, 5.25%, 05/23/23(b)		600		600,487
Severstal OAO Via Steel Capital SA, 3.15%, 09/16/24(b)		400		393,325
Suek Securities DAC, 3.38%, 09/15/26 (Call 06/15/26)(f)		200		188,663
Tinkoff Bank JSC Via TCS Finance Ltd., 6.00%,  (Call 12/20/26)(f)(g)(h)		200		182,000
TMK OAO Via TMK Capital SA, 4.30%, 02/12/27(b)		200		189,975
Uralkali OJSC Via Uralkali Finance DAC, 4.00%, 10/22/24(b)		400		398,075
VEON Holdings BV
3.38%, 11/25/27 (Call 08/25/27)(b)		800		726,400
4.00%, 04/09/25 (Call 01/09/25)(b)		400		389,000
4.95%, 06/16/24 (Call 03/16/24)(b)		200		202,010
7.25%, 04/26/23 (Call 01/26/23)(b)		400		410,575
VTB Bank PJSC Via VTB Eurasia DAC, 9.50%,  (Call 12/06/22)(b)(g)(h)		1,200		1,211,100
				23,159,205
Saudi Arabia — 4.4%
Acwa Power Management And Investments One Ltd., 5.95%, 12/15/39(b)		399		457,529
Almarai Sukuk Ltd., 4.31%, 03/05/24(b)		200		207,475
Arab National Bank, 3.33%, 10/28/30 (Call 10/28/25)(b)(h)		400		402,000
Arabian Centres Sukuk II Ltd., 5.63%, 10/07/26(b)		400		382,500
Arabian Centres Sukuk Ltd., 5.38%, 11/26/24(b)		300		292,931
Dar Al-Arkan Sukuk Co. Ltd.
6.75%, 02/15/25(b)		400		414,875
6.88%, 03/21/23(b)		200		205,600

10

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2022	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Saudi Arabia (continued)
EIG Pearl Holdings Sarl
3.55%, 08/31/36(f)	$	600	$	597,540
4.39%, 11/30/46(f)		700		695,975
Riyad Sukuk Ltd., 3.17%, 02/25/30 (Call 02/25/25)(b)(h)		800		800,400
SA Global Sukuk Ltd.
0.95%, 06/17/24 (Call 05/17/24)(b)		600		584,250
1.60%, 06/17/26 (Call 05/17/26)(b)		1,000		967,000
2.69%, 06/17/31 (Call 03/17/31)(b)		1,600		1,583,200
SABIC Capital I BV
2.15%, 09/14/30 (Call 06/14/30)(b)		200		187,000
3.00%, 09/14/50 (Call 03/14/50)(b)		200		182,000
SABIC Capital II BV
4.00%, 10/10/23(b)		400		416,000
4.50%, 10/10/28(b)		700		774,506
Samba Funding Ltd., 2.75%, 10/02/24(b)		800		806,650
Saudi Arabian Oil Co.
1.25%, 11/24/23 (Call 10/24/23)(b)		200		198,400
1.63%, 11/24/25 (Call 10/24/25)(b)		400		390,600
2.25%, 11/24/30 (Call 08/24/30)(b)		1,200		1,138,500
3.25%, 11/24/50 (Call 05/24/50)(b)		1,200		1,105,440
3.50%, 04/16/29(b)		1,600		1,670,400
3.50%, 11/24/70 (Call 05/24/70)(b)		1,000		917,000
4.25%, 04/16/39(b)		1,600		1,723,920
4.38%, 04/16/49(b)		1,600		1,748,000
Saudi Electricity Global Sukuk Co. 2
3.47%, 04/08/23(b)		400		409,325
5.06%, 04/08/43(b)		400		462,575
Saudi Electricity Global Sukuk Co. 3
4.00%, 04/08/24(b)		600		624,900
5.50%, 04/08/44(b)		600		735,488
Saudi Electricity Global Sukuk Co. 4
4.22%, 01/27/24(b)		400		416,000
4.72%, 09/27/28(b)		800		897,600
Saudi Electricity Global Sukuk Co. 5
1.74%, 09/17/25(b)		400		391,200
2.41%, 09/17/30(b)		400		390,575
Saudi Telecom Co., 3.89%, 05/13/29(b)		600		648,113
				23,825,467
Singapore — 4.1%
BOC Aviation Ltd.
1.34%, 09/26/23 (Call 08/26/23),  (3 mo. LIBOR US + 1.125%)(b)(h)		600		601,425
1.75%, 01/21/26 (Call 12/21/25)(b)		600		580,464
2.63%, 09/17/30 (Call 06/17/30)(b)(c)		400		384,325
3.00%, 09/11/29 (Call 06/11/29)(b)		700		695,100
3.25%, 04/29/25 (Call 03/29/25)(b)		1,000		1,025,500
3.50%, 10/10/24 (Call 09/10/24)(b)		600		621,300
3.50%, 09/18/27 (Call 06/18/27)(b)(c)		600		620,625
3.88%, 04/27/26 (Call 01/27/26)(b)		500		522,594
4.00%, 01/25/24 (Call 12/25/23)(b)		400		413,950
BOC Aviation USA Corp., 1.63%, 04/29/24 (Call 03/29/24)(b)		800		791,376
DBS Group Holdings Ltd.
1.17%, 11/22/24(b)		400		393,159
1.19%, 03/15/27(f)		400		384,024
1.82%, 03/10/31 (Call 03/10/26)(b)(h)		400		389,260
3.30%, (Call 02/27/25)(b)(g)(h)		800		805,240
4.52%, 12/11/28 (Call 12/11/23)(b)(h)		800		836,424
Flex Ltd.
3.75%, 02/01/26 (Call 01/01/26)		673		702,570
4.75%, 06/15/25 (Call 03/15/25)		534		573,883

Security	Par (000)		Value
Singapore (continued)
4.88%, 06/15/29 (Call 03/15/29)	$	499	$	550,736
4.88%, 05/12/30 (Call 02/12/30)		515		570,672
GLP Pte Ltd.
3.88%, 06/04/25(b)		825		844,748
4.50%, (Call 05/17/26)(b)(g)(h)		600		576,300
Oversea-Chinese Banking Corp. Ltd.
1.83%, 09/10/30 (Call 09/10/25)(b)(h)		1,000		978,200
4.25%, 06/19/24(b)(c)		800		841,150
Singapore Airlines Ltd., 3.00%, 07/20/26 (Call 06/20/26)(b)		400		400,008
Singapore Telecommunications Ltd., 7.38%, 12/01/31(b)		300		426,619
SingTel Group Treasury Pte Ltd.
1.88%, 06/10/30 (Call 03/10/30)(b)		800		769,650
2.38%, 10/03/26(b)		400		405,575
2.38%, 08/28/29 (Call 05/28/29)(b)		600		601,800
3.25%, 06/30/25(b)		300		312,806
3.88%, 08/28/28 (Call 05/28/28)(b)		400		438,852
ST Engineering RHQ Ltd., 1.50%, 04/29/25 (Call 01/29/25)(b)		600		591,863
United Overseas Bank Ltd.
1.25%, 04/14/26(b)(c)		600		583,872
1.75%, 03/16/31 (Call 03/16/26)(b)(h)		400		388,788
2.00%, 10/14/31 (Call 10/14/26)(b)(h)		600		585,744
2.88%, 03/08/27 (Call 03/08/22)(b)(h)		400		400,580
3.75%, 04/15/29 (Call 04/15/24)(b)(h)		800		828,900
3.88%, (Call 10/19/23)(b)(g)(h)		400		409,200
Vena Energy Capital Pte Ltd., 3.13%, 02/26/25(b)		400		402,325
				22,249,607
South Africa — 2.0%
Absa Group Ltd., 6.38%, (Call 05/27/26)(b)(g)(h)		400		400,000
AngloGold Ashanti Holdings PLC
3.38%, 11/01/28 (Call 09/01/28)		600		580,500
3.75%, 10/01/30 (Call 07/01/30)(c)		800		778,000
Bidvest Group UK PLC (The), 3.63%, 09/23/26  (Call 09/23/23)(f)		600		591,000
FirstRand Bank Ltd., 6.25%, 04/23/28 (Call 04/23/23)(b)(h)		600		612,862
Gold Fields Orogen Holdings BVI Ltd.
5.13%, 05/15/24 (Call 04/15/24)(b)		400		419,825
6.13%, 05/15/29 (Call 02/15/29)(b)		600		669,300
Liquid Telecommunications Financing Plc, 5.50%, 09/04/26  (Call 03/04/23)(b)		600		604,500
MTN Mauritius Investments Ltd.
4.76%, 11/11/24(b)		850		869,816
6.50%, 10/13/26(b)		400		439,325
Sasol Financing USA LLC
4.38%, 09/18/26 (Call 08/18/26)(c)		800		788,000
5.50%, 03/18/31 (Call 03/18/30)		900		879,750
5.88%, 03/27/24 (Call 02/27/24)		1,200		1,233,000
6.50%, 09/27/28 (Call 06/27/28)		800		846,000
Stillwater Mining Co.
4.00%, 11/16/26 (Call 11/16/23)(c)(f)		600		572,520
4.50%, 11/16/29 (Call 11/16/25)(f)		400		373,000
				10,657,398
South Korea — 3.9%
Hana Bank, 1.25%, 12/16/26(b)		400		385,792
Hanwha Life Insurance Co. Ltd., 4.70%,  (Call 04/23/23)(b)(g)(h)		800		821,150
Heungkuk Life Insurance Co. Ltd., 4.48%,  (Call 11/09/22)(b)(g)(h)		400		402,325
Hyundai Capital Services Inc.
1.25%, 02/08/26(b)		400		382,304

 11

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2022	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
South Korea (continued)
3.75%, 03/05/23(b)	$	400	$	409,152
Kia Corp., 3.00%, 04/25/23(b)		400		407,132
Kookmin Bank
1.38%, 05/06/26(b)		400		388,728
1.75%, 05/04/25(b)		600		594,780
2.50%, 11/04/30(b)		400		380,604
2.88%, 03/25/23(b)		200		203,154
4.35%, (Call 07/02/24)(b)(g)(h)		200		207,288
Korea East-West Power Co. Ltd., 1.75%, 05/06/25(b)		800		795,150
Korea Electric Power Corp.
1.13%, 06/15/25(b)		400		389,825
2.50%, 06/24/24(b)		400		408,436
Korea Gas Corp.
2.88%, 07/16/29(b)		400		415,700
3.50%, 07/21/25(b)		400		420,450
3.50%, 07/02/26(b)		200		212,100
3.88%, 02/12/24(b)		200		209,600
6.25%, 01/20/42(b)		600		892,050
Korea Hydro & Nuclear Power Co. Ltd., 3.75%, 07/25/23(b)		400		413,700
Kyobo Life Insurance Co. Ltd., 3.95%, (Call 07/24/22)(b)(g)(h)		400		403,575
LG Chem Ltd.
1.38%, 07/07/26(b)		200		192,148
2.38%, 07/07/31(b)		400		379,200
3.25%, 10/15/24(b)		600		621,222
3.63%, 04/15/29(b)		200		213,412
NAVER Corp., 1.50%, 03/29/26(b)		600		580,248
NongHyup Bank
1.25%, 07/20/25(b)		400		390,176
3.88%, 07/30/23(b)		200		206,725
POSCO, 2.75%, 07/15/24(b)		800		816,150
Shinhan Bank Co. Ltd.
1.38%, 10/21/26(b)		400		388,104
1.96%, 04/24/25, (3 mo. LIBOR US + 1.700%)(b)(h)		400		415,700
3.88%, 11/05/23(b)		400		416,284
3.88%, 03/24/26(b)		200		210,756
Shinhan Financial Group Co. Ltd.
1.35%, 01/10/26(b)		400		388,540
2.88%, (Call 05/12/26)(b)(g)(h)		200		195,900
3.34%, 02/05/30 (Call 02/05/25)(b)(c)(h)		600		609,300
5.88%, (Call 08/13/23)(b)(g)(h)		400		419,450
SK Battery America Inc., 2.13%, 01/26/26(b)		600		579,060
SK Hynix Inc.
1.00%, 01/19/24(b)		200		195,952
1.50%, 01/19/26(b)(c)		800		769,968
2.38%, 01/19/31(b)		700		648,550
3.00%, 09/17/24(b)		600		611,322
SK Innovation Co. Ltd., 4.13%, 07/13/23(b)		200		205,190
SK Telecom Co. Ltd., 3.75%, 04/16/23(b)		400		410,472
Woori Bank
0.75%, 02/01/26(b)		400		379,124
2.00%, 01/20/27(f)		200		197,975
4.25%, (Call 10/04/24)(b)(g)(h)		600		619,125
4.75%, 04/30/24(b)		400		423,075
5.25%, (Call 05/16/22)(b)(g)(h)		400		403,700
				21,029,823
Supranational — 0.3%
African Export-Import Bank (The), 2.63%, 05/17/26  (Call 04/17/26)(b)		600		590,175

Security	Par (000)		Value
Supranational (continued)
Eastern & Southern African Trade & Development Bank (The)
4.13%, 06/30/28(b)	$	600	$	588,911
4.88%, 05/23/24(b)		600		614,736
				1,793,822
Switzerland — 0.1%
Oriflame Investment Holding PLC, 5.13%, 05/04/26  (Call 05/15/23)(b)		600		540,000
Taiwan — 2.4%
Competition Team Technologies Ltd., 3.75%, 03/12/24(b)		600		622,800
Formosa Group Cayman Ltd., 3.38%, 04/22/25(b)		1,000		1,029,250
Foxconn Far East Ltd.
1.63%, 10/28/25(b)		800		773,240
2.50%, 10/28/30(b)		600		585,300
TSMC Arizona Corp.
1.75%, 10/25/26 (Call 09/25/26)(c)		1,000		982,200
2.50%, 10/25/31 (Call 07/25/31)		1,200		1,180,824
3.13%, 10/25/41 (Call 04/25/41)		1,000		999,780
3.25%, 10/25/51 (Call 04/25/51)(c)		1,000		1,015,850
TSMC Global Ltd.
0.75%, 09/28/25 (Call 08/28/25)(b)		800		764,368
1.00%, 09/28/27 (Call 07/28/27)(b)		800		744,376
1.25%, 04/23/26 (Call 03/23/26)(b)		1,200		1,158,648
1.38%, 09/28/30 (Call 06/28/30)(b)		1,200		1,089,588
1.75%, 04/23/28 (Call 02/23/28)(b)		800		769,224
2.25%, 04/23/31 (Call 01/23/31)(b)		1,600		1,543,120
				13,258,568
Thailand — 2.3%
Amipeace Ltd., 2.25%, 10/22/30(b)		200		192,072
Bangkok Bank PCL/Hong Kong
3.47%, 09/23/36 (Call 09/23/31)(f)(h)		600		582,162
3.47%, 09/23/36 (Call 09/23/31)(b)(h)		400		388,108
3.73%, 09/25/34 (Call 09/25/29)(b)(h)		1,200		1,199,100
4.05%, 03/19/24(b)		600		626,925
4.45%, 09/19/28(b)(c)		600		669,300
5.00%, 10/03/23(b)		200		210,663
5.00%, (Call 09/23/25)(b)(g)(h)		1,000		1,017,687
GC Treasury Center Co. Ltd.
2.98%, 03/18/31 (Call 12/18/30)(b)		600		592,237
4.30%, 03/18/51 (Call 09/18/50)(b)		600		629,832
Kasikornbank PCL/Hong Kong
3.34%, 10/02/31 (Call 10/02/26)(b)(h)		1,000		983,625
5.28%, (Call 10/14/25)(b)(g)(h)		400		411,075
Krung Thai Bank PCL/Cayman Islands, 4.40%,  (Call 03/25/26)(b)(g)(h)		600		593,250
PTT Treasury Center Co. Ltd., 3.70%, 07/16/70  (Call 01/16/70)(b)		600		567,113
PTTEP Treasury Center Co. Ltd.
2.59%, 06/10/27 (Call 04/10/27)(b)		400		399,950
3.90%, 12/06/59(b)(c)		600		599,586
Siam Commercial Bank PCL/Cayman Islands
2.75%, 05/16/23(b)		400		406,200
3.90%, 02/11/24(b)		600		623,737
4.40%, 02/11/29(b)		400		445,700
Thaioil Treasury Center Co. Ltd.
3.50%, 10/17/49(b)		600		492,863
3.75%, 06/18/50(b)		400		340,420
5.38%, 11/20/48(b)(c)		600		642,862
				12,614,467

12

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2022	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Togo — 0.1%
Ecobank Transnational Inc., 9.50%, 04/18/24(b)	$	400	$	430,450
Turkey — 3.4%
Akbank TAS
5.13%, 03/31/25(b)		600		574,500
6.80%, 02/06/26(b)		600		597,000
6.80%, 06/22/31 (Call 06/22/26)(b)(h)		400		376,075
7.20%, 03/16/27 (Call 03/16/22)(b)(h)		400		398,825
Anadolu Efes Biracilik Ve Malt Sanayii AS, 3.38%, 06/29/28  (Call 03/29/28)(b)		600		576,000
Arcelik AS, 5.00%, 04/03/23(b)		400		403,950
Aydem Yenilenebilir Enerji AS, 7.75%, 02/02/27  (Call 02/02/24)(f)		600		503,070
Coca-Cola Icecek AS, 4.50%, 01/20/29(f)		400		400,500
KOC Holding AS
5.25%, 03/15/23 (Call 12/15/22)(b)		600		604,050
6.50%, 03/11/25 (Call 12/11/24)(b)		800		822,120
Mersin Uluslararasi Liman Isletmeciligi AS, 5.38%, 11/15/24  (Call 11/15/22)(b)		700		710,194
QNB Finansbank AS, 6.88%, 09/07/24(b)		600		628,800
Turk Telekomunikasyon AS
4.88%, 06/19/24(b)		400		396,000
6.88%, 02/28/25(b)		600		611,362
Turkcell Iletisim Hizmetleri AS
5.75%, 10/15/25(b)		400		397,325
5.80%, 04/11/28 (Call 01/11/28)(b)		600		580,500
Turkiye Garanti Bankasi AS
5.88%, 03/16/23(b)		400		406,575
6.13%, 05/24/27 (Call 05/24/22)(b)(h)		800		793,650
Turkiye Is Bankasi AS
6.13%, 04/25/24(b)		1,200		1,196,160
7.00%, 06/29/28 (Call 06/29/23)(b)(h)		400		393,325
7.75%, 01/22/30 (Call 01/22/25)(b)(h)		700		696,412
Turkiye Petrol Rafinerileri AS, 4.50%, 10/18/24  (Call 07/20/24)(b)		600		586,988
Turkiye Sise ve Cam Fabrikalari AS, 6.95%, 03/14/26  (Call 12/14/25)(b)		800		824,150
Turkiye Vakiflar Bankasi TAO
5.25%, 02/05/25(b)		600		569,363
6.50%, 01/08/26(b)		800		780,000
8.13%, 03/28/24(b)		600		619,800
Ulker Biskuvi Sanayi AS, 6.95%, 10/30/25(b)		600		570,675
Yapi ve Kredi Bankasi AS
5.85%, 06/21/24(b)		400		399,000
6.10%, 03/16/23(b)		400		405,825
7.88%, 01/22/31 (Call 01/22/26)(b)(h)		400		394,000
8.25%, 10/15/24(b)		600		625,987
13.88%, (Call 01/15/24)(b)(g)(h)		800		880,900
				18,723,081
Ukraine — 0.5%
DTEK Finance PLC, 7.00%, (5.00% PIK), 12/31/27 (Call 02/28/22)(b)(i)		1,478		739,938
Metinvest BV
7.75%, 10/17/29(b)		600		513,000
8.50%, 04/23/26 (Call 01/23/26)(b)		400		352,400
MHP Lux SA, 6.95%, 04/03/26(b)		800		708,900
MHP SE, 7.75%, 05/10/24(b)		400		362,075
				2,676,313
United Arab Emirates — 4.5%
Abu Dhabi Commercial Bank PJSC, 4.00%, 03/13/23(b)		400		411,450

Security	Par (000)		Value
United Arab Emirates (continued)
Abu Dhabi National Energy Co. PJSC
2.00%, 04/29/28 (Call 01/29/28)(b)	$	600	$	578,250
3.88%, 05/06/24(b)		200		208,663
4.00%, 10/03/49(b)		200		220,975
4.38%, 04/23/25(b)		600		643,050
4.38%, 06/22/26(b)		400		434,528
4.88%, 04/23/30(b)		600		695,550
6.50%, 10/27/36(b)		300		414,712
Abu Dhabi National Energy Company PJSC, 3.40%, 04/29/51  (Call 10/29/50)(b)		400		406,000
ADCB Finance Cayman Ltd., 4.00%, 03/29/23(b)		400		410,575
ADIB Capital Invest 2 Ltd., 7.13%, (Call 09/20/23)(b)(g)(h)		400		421,950
AHB Sukuk Co. Ltd., 4.38%, 09/19/23(b)		200		209,225
Aldar Sukuk Ltd., 4.75%, 09/29/25(b)		200		214,787
Aldar Sukuk No. 2 Ltd., 3.88%, 10/22/29(b)		400		416,575
BOS Funding Ltd., 4.00%, 09/18/24(b)		400		407,075
Commercial Bank of Dubai PSC, 6.00%,  (Call 04/21/26)(b)(g)(h)		400		412,000
DIB Sukuk Ltd.
1.96%, 06/22/26(b)		400		391,000
2.95%, 02/20/25(b)		400		407,500
2.95%, 01/16/26(b)		600		609,600
DIB Tier 1 Sukuk 3 Ltd., 6.25%, (Call 01/22/25)(b)(g)(h)		400		421,000
DIB Tier 1 Sukuk 4 Ltd., 4.63%, (Call 05/19/26)(b)(g)(h)		600		606,750
EI Sukuk Co. Ltd., 1.83%, 09/23/25(b)		400		395,500
Emaar Sukuk Ltd.
3.64%, 09/15/26(b)		600		613,425
3.70%, 07/06/31(b)		200		201,250
3.88%, 09/17/29(b)		200		204,288
EMG Sukuk Ltd., 4.56%, 06/18/24 (b)		400		416,500
Emirates NBD Bank PJSC
1.64%, 01/13/26(b)		600		588,000
4.25%, (Call 02/27/27)(b)(g)(h)		200		201,500
6.13%, (Call 03/20/25)(b)(g)(h)		600		624,000
6.13%, (Call 04/09/26)(b)(g)(h)		400		424,950
Emirates Telecommunications Group Co. PJSC, 3.50%, 06/18/24(b)		200		208,038
Esic Sukuk Ltd., 3.94%, 07/30/24(b)		200		202,825
Fab Sukuk Co. Ltd.
1.41%, 01/14/26(b)		400		388,500
2.50%, 01/21/25(b)		200		203,000
3.63%, 03/05/23(b)		200		204,500
3.88%, 01/22/24(b)		400		416,500
First Abu Dhabi Bank PJSC
1.13%, 07/08/24, (3 mo. LIBOR US + 0.900%)(b)(h)		600		601,500
4.50%, (Call 04/05/26)(b)(g)(h)		600		617,250
Galaxy Pipeline Assets Bidco Ltd.
1.75%, 09/30/27(b)		391		385,980
2.16%, 03/31/34(b)		1,000		958,000
2.63%, 03/31/36(b)		800		751,000
2.94%, 09/30/40(b)		1,200		1,142,400
3.25%, 09/30/40(b)		600		573,750
GEMS MENASA Cayman Ltd./GEMS Education Delaware LLC, 7.13%, 07/31/26 (Call 07/31/22)(b)		600		614,175
MAF Global Securities Ltd.
4.75%, 05/07/24(b)		400		420,000
5.50%, (Call 09/07/22)(b)(g)(h)		400		401,325
MAF Sukuk Ltd.
3.93%, 02/28/30(b)		200		209,912
4.64%, 05/14/29(b)		200		217,475

 13

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2022	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
United Arab Emirates (continued)
Mashreqbank PSC, 4.25%, 02/26/24(b)	$	400	$	414,325
National Central Cooling Co. PJSC, 2.50%, 10/21/27(b)		200		192,000
Noor Sukuk Co. Ltd., 4.47%, 04/24/23(b)		200		206,000
Petrofac Ltd., 9.75%, 11/15/26 (Call 11/15/23)(f)		200		201,500
Rakfunding Cayman Ltd., 4.13%, 04/09/24(b)		200		209,350
Ruwais Power Co. PJSC, 6.00%, 08/31/36(b)		400		513,000
Shelf Drilling Holdings Ltd., 8.25%, 02/15/25  (Call 03/18/22)(b)		400		306,000
SIB Sukuk Co. III Ltd.
2.85%, 06/23/25(b)		200		203,100
4.23%, 04/18/23(b)		200		206,038
Sweihan PV Power Co. PJSC, 3.63%, 01/31/49(f)		400		385,300
Tabreed Sukuk Spc Ltd., 5.50%, 10/31/25(b)		200		221,500
				24,184,871
Vietnam — 0.1%
Mong Duong Finance Holdings BV, 5.13%, 05/07/29 (Call 05/07/23)(b)		750		687,563
Zambia — 1.1%
First Quantum Minerals Ltd.
6.50%, 03/01/24 (Call 02/07/22)(b)		800		813,750
6.88%, 03/01/26 (Call 02/07/22)(b)		1,050		1,084,125
6.88%, 10/15/27 (Call 10/15/23)(b)		1,600		1,700,000
7.25%, 04/01/23 (Call 02/07/22)(b)		700		705,687
7.50%, 04/01/25 (Call 02/07/22)(b)		1,400		1,431,500
				5,735,062
Total Corporate Bonds & Notes — 96.9%
(Cost: $540,115,722)				525,514,802
Foreign Government Obligations(a)
Nigeria — 0.4%
Africa Finance Corp.
3.13%, 06/16/25(b)		800		814,000
3.75%, 10/30/29(b)		400		407,000
3.88%, 04/13/24(b)		400		414,048
4.38%, 04/17/26(b)		600		638,250
				2,273,298
South Korea — 0.2%
Industrial Bank of Korea
0.63%, 09/17/24(f)		200		194,874
1.04%, 06/22/25(b)		400		388,680
Korea Expressway Corp., 1.13%, 05/17/26(b)		400		386,172
Korea Hydro & Nuclear Power Co. Ltd., 1.25%, 04/27/26(b)		400		386,204
				1,355,930
Supranational — 0.5%
African Export-Import Bank (The)
3.80%, 05/17/31 (Call 02/17/31)(b)		600		596,250

Security	Par/ Shares (000)		Value
Supranational (continued)
3.99%, 09/21/29 (Call 06/23/29)(b)	$	800	$	812,000
4.13%, 06/20/24(b)		600		624,000
5.25%, 10/11/23(b)		600		633,000
				2,665,250
Turkey — 0.1%
Turkiye Vakiflar Bankasi TAO, 5.50%, 10/01/26(b)		400		371,000
Total Foreign Government Obligations — 1.2%
(Cost: $6,750,377)				6,665,478
Short-Term Investments
Money Market Funds — 9.1%
BlackRock Cash Funds: Institutional, SL Agency Shares, 0.08%(k)(l)(m)		42,913		42,925,747
BlackRock Cash Funds: Treasury, SL Agency Shares, 0.00%(k)(l)		6,497		6,497,000
				49,422,747
Total Short-Term Investments — 9.1%
(Cost: $49,419,425)				49,422,747
Total Investments in Securities — 107.2%
(Cost: $596,285,524)				581,603,027
Other Assets, Less Liabilities — (7.2)%				(38,985,438	)
Net Assets — 100.0%			$	542,617,589

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

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

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

^(d) Issuer filed for bankruptcy and/or is in default.

^(e) Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect.

^(f) 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.

^(g) Perpetual security with no stated maturity date.

^(h) 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.

⁽ⁱ⁾ 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. (j) Zero-coupon bond.

^(k) Affiliate of the Fund.

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

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

14

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2022

Affiliates

Investments in issuers considered to be affiliate(s) of the Fund during the period ended January 31, 2022 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

Affiliated Issuer	Value at 10/31/21		Purchases at Cost			Proceeds from Sales		Net Realized Gain (Loss)			Change in Unrealized Appreciation (Depreciation)			Value at 01/31/22		Shares Held at 01/31/22 (000)		Income			Capital Gain Distributions from Underlying Funds
BlackRock Cash Funds: Institutional, SL  Agency Shares	$	41,898,642	$	1,035,727	(a)	$	—	$	(5,387	)	$	(3,235	)	$	42,925,747		42,913	$	42,938	(b)	$	—
BlackRock Cash Funds: Treasury, SL Agency  Shares		6,007,000		490,000	(a)		—		—			—			6,497,000		6,497		51			—
								$	(5,387	)	$	(3,235	)	$	49,422,747			$	42,989		$	—

^(a) Represents net amount purchased (sold).

^(b) All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities.

Fair Value Measurements

Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows: 

● Level 1 – Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that each Fund has the ability to access;

● Level 2 – Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs); and

● Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the BlackRock Global Valuation Methodologies Committee’s (the “Global Valuation Committee’s”) assumptions used in determining the fair value of financial instruments).

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Global Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund’s policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Fund’s financial instruments categorized in the fair value hierarchy. The breakdown of the Fund’s financial instruments into major categories is disclosed in the Schedule of Investments above.

	Level 1		Level 2		Level 3		Total
Investments
Assets
Corporate Bonds & Notes	$	—	$	525,514,802	$	—	$	525,514,802
Foreign Government Obligations		—		6,665,478		—		6,665,478
Money Market Funds		49,422,747		—		—		49,422,747
	$	49,422,747	$	532,180,280	$	—	$	581,603,027

Portfolio Abbreviations - Equity

JSC Joint Stock Company

Portfolio Abbreviations - Fixed Income

LIBOR	London Interbank Offered Rate
PIK	Payment-in-kind
PJSC	Public Joint Stock Company

 15