Schedule of Investments (unaudited) | iShares® J.P. Morgan EM High Yield Bond ETF |
July 31, 2022 | (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Corporate Bonds & Notes | ||||||||
Argentina — 0.7% | ||||||||
Future Retail Ltd., 5.60%, 01/22/25 (Call 01/22/23)(a)(b)(c) | $ | 200 | $ | 20,350 | ||||
Investment Energy Resources Ltd., 6.25%, 04/26/29 (Call 04/26/25)(c) | 200 | 183,163 | ||||||
MercadoLibre Inc., 3.13%, 01/14/31 (Call 10/14/30) | 400 | 309,075 | ||||||
MSU Energy SA/UGEN SA/UENSA SA, 6.88%, 02/01/25 (Call 08/29/22)(c) | 300 | 172,650 | ||||||
Transportadora de Gas del Sur SA, 6.75%, 05/02/25 (Call 08/29/22)(c)(d) | 150 | 120,356 | ||||||
Vedanta Resources Ltd., 6.13%, 08/09/24 (Call 08/30/22)(c) | 400 | 251,200 | ||||||
Wynn Macau Ltd. | ||||||||
4.88%, 10/01/24 (Call 08/29/22)(c) | 200 | 168,000 | ||||||
5.50%, 10/01/27 (Call 10/01/22)(c) | 400 | 308,000 | ||||||
YPF SA | ||||||||
6.95%, 07/21/27(c) | 400 | 222,000 | ||||||
7.00%, 12/15/47 (Call 06/15/47)(c) | 200 | 100,500 | ||||||
8.50%, 07/28/25(c) | 600 | 378,360 | ||||||
2,233,654 | ||||||||
Australia — 0.2% | ||||||||
Aydem Yenilenebilir Enerji AS, 7.75%, 02/02/27 (Call 02/02/24)(c) | 400 | 273,200 | ||||||
CIBANCO SA Institucion de Banca Multiple Trust CIB/3332, 4.38%, 07/22/31 (Call 04/22/31)(c) | 400 | 276,700 | ||||||
549,900 | ||||||||
Azerbaijan — 0.3% | ||||||||
Southern Gas Corridor CJSC, 6.88%, 03/24/26(c) | 1,000 | 1,058,055 | ||||||
Bahrain — 0.6% | ||||||||
AUB Sukuk Ltd., 2.62%, 09/09/26(c) | 400 | 363,000 | ||||||
BBK BSC, 5.50%, 07/09/24(c) | 200 | 195,537 | ||||||
FS Luxembourg Sarl, 10.00%, 12/15/25(c) | 400 | 406,000 | ||||||
GFH Sukuk Ltd., 7.50%, 01/28/25(c) | 200 | 195,038 | ||||||
Manila Water Co. Inc., 4.38%, 07/30/30 (Call 07/30/25)(c) | 200 | 176,350 | ||||||
Oil & Gas Holding Co. BSCC (The), 7.50%, 10/25/27(c) | 400 | 398,997 | ||||||
1,734,922 | ||||||||
Barbados — 0.1% | ||||||||
Sagicor Financial Co. Ltd., 5.30%, 05/13/28 (Call 05/13/24)(c) | 200 | 187,550 | ||||||
Brazil — 8.3% | ||||||||
Acu Petroleo Luxembourg Sarl, 7.50%, 01/13/32 (Call 01/13/27)(c) | 250 | 207,500 | ||||||
Adecoagro SA, 6.00%, 09/21/27(c) | 200 | 180,000 | ||||||
Aegea Finance Sarl, 6.75%, 05/20/29 (Call 05/20/25)(c) | 200 | 194,038 | ||||||
Altice Financing SA, 5.75%, 08/15/29 | 1,000 | 872,970 | ||||||
Amaggi Luxembourg International Sarl, 5.25%, 01/28/28(c) | 400 | 370,000 | ||||||
Atento Luxco 1 SA, 8.00%, 02/10/26(c) | 300 | 187,500 | ||||||
B2W Digital Lux Sarl, 4.38%, 12/20/30 (Call 09/20/30)(c)(d) | 200 | 149,800 | ||||||
B3 S.A. Brasil Bolsa Balcao, 4.13%, 09/20/31(c) | 400 | 335,075 | ||||||
Banco Bradesco SA/Cayman Islands | ||||||||
3.20%, 01/27/25(c) | 400 | 384,000 | ||||||
4.38%, 03/18/27(c)(d) | 200 | 191,725 | ||||||
Banco BTG Pactual SA/Cayman Islands | ||||||||
2.75%, 01/11/26 (Call 12/11/25)(c) | 200 | 179,300 | ||||||
4.50%, 01/10/25 (Call 12/10/24)(c) | 600 | 583,050 | ||||||
7.75%, 02/15/29 (Call 02/15/24)(c)(e) | 200 | 199,412 | ||||||
Banco Davivienda SA, 6.65%, (Call 04/22/31)(c)(e)(f) | 200 | 148,725 | ||||||
Banco do Brasil SA/Cayman | ||||||||
3.25%, 09/30/26(c) | 400 | 368,200 | ||||||
4.88%, 01/11/29(c) | 200 | 186,000 |
Security | Par (000) | Value | ||||||
Brazil (continued) | ||||||||
6.25%, (Call 04/15/24)(c)(d)(e)(f) | $ | 1,000 | $ | 883,000 | ||||
9.00%, (Call 06/18/24)(c)(e)(f) | 1,000 | 1,012,800 | ||||||
Banco Mercantil del Norte SA/Grand Cayman, 6.63%, (Call 01/24/32)(c)(e)(f) | 200 | 161,850 | ||||||
Banco Votorantim SA, 4.38%, 07/29/25(c) | 400 | 382,200 | ||||||
BRF SA, 4.88%, 01/24/30 (Call 10/24/29)(c) | 400 | 346,720 | ||||||
Centrais Eletricas Brasileiras SA, 3.63%, 02/04/25(c) | 200 | 191,500 | ||||||
Cosan Luxembourg SA, 7.00%, 01/20/27 (Call 08/29/22)(c) | 400 | 407,450 | ||||||
CSN Inova Ventures, 6.75%, 01/28/28 (Call 01/28/24)(c) | 600 | 556,200 | ||||||
CSN Resources SA | ||||||||
4.63%, 06/10/31 (Call 06/10/26)(c) | 400 | 300,250 | ||||||
5.88%, 04/08/32 (Call 04/08/27)(c) | 200 | 158,810 | ||||||
Easy Tactic Ltd. | ||||||||
7.50%, 07/11/25 | 600 | 144,000 | ||||||
7.50%, 07/11/28 | 700 | 94,500 | ||||||
Embraer Netherlands Finance BV | ||||||||
5.05%, 06/15/25 | 550 | 544,087 | ||||||
5.40%, 02/01/27 | 300 | 290,535 | ||||||
Globo Comunicacao e Participacoes SA, 4.88%, 01/22/30(c) | 200 | 159,913 | ||||||
Gol Finance SA, 8.00%, 06/30/26 (Call 12/24/22)(c) | 200 | 128,038 | ||||||
Hidrovias International Finance SARL, 4.95%, 02/08/31 (Call 02/08/26)(c) | 200 | 158,100 | ||||||
Itau Unibanco Holding SA/Cayman Island | ||||||||
3.25%, 01/24/25(c) | 200 | 192,663 | ||||||
3.88%, 04/15/31 (Call 01/15/26)(c)(e) | 200 | 178,163 | ||||||
4.50%, 11/21/29 (Call 11/21/24)(c)(e) | 400 | 380,700 | ||||||
6.13%, (Call 12/12/22)(c)(e)(f) | 600 | 580,800 | ||||||
6.50%, (Call 03/19/23)(c)(e)(f) | 400 | 376,325 | ||||||
Klabin Austria GmbH | ||||||||
3.20%, 01/12/31 (Call 10/12/30)(c) | 200 | 163,440 | ||||||
5.75%, 04/03/29 (Call 01/03/29)(c)(d) | 200 | 199,065 | ||||||
7.00%, 04/03/49 (Call 10/03/48)(c) | 400 | 384,575 | ||||||
Light Servicos de Eletricidade SA/Light Energia SA, 4.38%, 06/18/26 (Call 06/18/24)(c) | 200 | 174,913 | ||||||
MARB BondCo PLC, 3.95%, 01/29/31 (Call 01/29/26)(c) | 600 | 487,612 | ||||||
MC Brazil Downstream Trading SARL, 7.25%, 06/30/31(c) | 800 | 640,000 | ||||||
MGM China Holdings Ltd., 4.75%, 02/01/27 (Call 02/01/24)(c) | 200 | 154,644 | ||||||
Movida Europe SA, 5.25%, 02/08/31 (Call 02/08/26)(c) | 400 | 334,500 | ||||||
Natura &Co. Luxembourg Holdings Sarl, 6.00%, 04/19/29 (Call 02/19/29)(c) | 400 | 353,000 | ||||||
Natura Cosmeticos SA, 4.13%, 05/03/28 (Call 03/03/28)(c) | 400 | 336,500 | ||||||
NBM U.S. Holdings Inc. | ||||||||
6.63%, 08/06/29 (Call 08/06/24)(c)(d) | 200 | 194,810 | ||||||
7.00%, 05/14/26 (Call 08/29/22)(c) | 400 | 399,580 | ||||||
Nexa Resources SA, 5.38%, 05/04/27 (Call 02/04/27)(c) | 400 | 379,325 | ||||||
Odebrecht Drilling Norbe VIII/IX Ltd., 7.35%, (7.35% PIK), 12/01/26 (Call 08/29/22)(c)(g) | 358 | 207,509 | ||||||
Odebrecht Holdco Finance Ltd., 0.00%, 09/10/58 (Call 08/29/22)(c)(h) | 900 | 6,750 | ||||||
Odebrecht Offshore Drilling Finance Ltd., 7.72%, (7.72% PIK), 12/01/26 (Call 08/29/22)(c)(g) | 915 | 208,844 | ||||||
Oi SA, 10.00%, (12.00% PIK), 07/27/25(d)(g) | 784 | 372,400 | ||||||
Petrobras Global Finance BV | ||||||||
5.09%, 01/15/30(d) | 350 | 337,382 | ||||||
5.30%, 01/27/25 | 250 | 254,812 | ||||||
5.50%, 06/10/51 (Call 12/10/50)(d) | 450 | 371,194 | ||||||
5.60%, 01/03/31 (Call 10/03/30)(d) | 725 | 707,328 | ||||||
5.75%, 02/01/29(d) | 300 | 301,462 | ||||||
6.00%, 01/27/28(d) | 626 | 640,054 | ||||||
6.25%, 03/17/24 | 200 | 205,225 |
1
Schedule of Investments (unaudited) (continued) | iShares® J.P. Morgan EM High Yield Bond ETF |
July 31, 2022 | (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Brazil (continued) | ||||||||
6.75%, 01/27/41 | $ | 300 | $ | 292,950 | ||||
6.75%, 06/03/50 (Call 12/03/49)(d) | 300 | 278,340 | ||||||
6.85%, 06/05/2115(d) | 900 | 799,200 | ||||||
6.88%, 01/20/40(d) | 375 | 372,375 | ||||||
6.90%, 03/19/49(d) | 450 | 427,584 | ||||||
7.25%, 03/17/44(d) | 460 | 462,386 | ||||||
7.38%, 01/17/27(d) | 400 | 433,700 | ||||||
Petrorio Luxembourg Trading Sarl, 6.13%, 06/09/26 (Call 06/09/24)(c) | 400 | 377,450 | ||||||
Rede D’or Finance Sarl | ||||||||
4.50%, 01/22/30 (Call 10/22/29)(c) | 300 | 256,875 | ||||||
4.95%, 01/17/28 (Call 10/17/27)(c) | 400 | 372,700 | ||||||
StoneCo Ltd., 3.95%, 06/16/28 (Call 05/16/28)(c) | 300 | 238,547 | ||||||
Unigel Luxembourg SA, 8.75%, 10/01/26 (Call 10/01/22)(c) | 200 | 200,440 | ||||||
Usiminas International Sarl, 5.88%, 07/18/26 (Call 07/18/23)(c) | 400 | 391,000 | ||||||
Wynn Macau Ltd., 5.63%, 08/26/28 (Call 08/26/23)(c) | 600 | 456,000 | ||||||
25,540,370 | ||||||||
Burkina Faso — 0.1% | ||||||||
Endeavour Mining PLC, 5.00%, 10/14/26 (Call 10/14/23)(c) | 200 | 163,500 | ||||||
Canada — 0.0% | ||||||||
Country Garden Holdings Co. Ltd., 3.88%, 10/22/30 (Call 07/22/30)(c) | 200 | 61,500 | ||||||
Chile — 0.1% | ||||||||
Agrosuper SA, 4.60%, 01/20/32 (Call 10/20/31)(c) | 200 | 172,250 | ||||||
Guacolda Energia SA, 4.56%, 04/30/25 (Call 01/30/25)(c) | 200 | 66,600 | ||||||
VTR Finance NV, 6.38%, 07/15/28 (Call 07/15/23)(c) | 200 | 122,725 | ||||||
361,575 | ||||||||
China — 4.1% | ||||||||
Agile Group Holdings Ltd., 7.88%, (Call 07/31/24)(c)(e)(f) | 600 | 111,000 | ||||||
Arabian Centres Sukuk Ltd., 5.38%, 11/26/24(c) | 200 | 189,225 | ||||||
Bank of Communications Co. Ltd., 3.80%, (Call 11/18/25)(c)(e)(f) | 1,500 | 1,481,250 | ||||||
Central Plaza Development Ltd., 5.75%, (Call 11/14/24)(c)(e)(f) | 200 | 134,913 | ||||||
China Hongqiao Group Ltd., 6.25%, 06/08/24(c) | 200 | 172,975 | ||||||
China SCE Group Holdings Ltd., 7.00%, 05/02/25 (Call 05/02/23)(c) | 400 | 64,000 | ||||||
China Shenhua Overseas Capital Co. Ltd., 3.88%, 01/20/25(c) | 200 | 196,722 | ||||||
CIFI Holdings Group Co. Ltd. | ||||||||
4.45%, 08/17/26 (Call 05/17/24)(c) | 200 | 68,000 | ||||||
5.95%, 10/20/25 (Call 07/20/23)(c) | 400 | 144,000 | ||||||
6.00%, 07/16/25 (Call 01/16/23)(c) | 200 | 74,000 | ||||||
6.45%, 11/07/24 (Call 11/07/22)(c) | 200 | 78,725 | ||||||
Commercial Bank of Dubai PSC, 6.00%, (Call 04/21/26)(c)(e)(f) | 400 | 382,000 | ||||||
Country Garden Holdings Co Ltd., 2.70%, 07/12/26 (Call 06/12/26)(c) | 400 | 134,000 | ||||||
Country Garden Holdings Co. Ltd., 3.13%, 10/22/25 (Call 09/22/25)(c) | 400 | 138,000 | ||||||
DIB Tier 1 Sukuk 4 Ltd., 4.63%, (Call 05/19/26)(c)(e)(f) | 400 | 386,000 | ||||||
Ease Trade Global Ltd., 4.00%, 11/10/25(c) | 200 | 191,537 | ||||||
Easy Tactic Ltd., 7.50%, 07/11/27 | 1,021 | 200,324 | ||||||
Emirates NBD Bank PJSC, 6.13%, (Call 04/09/26)(c)(e)(f) | 400 | 393,325 | ||||||
ENN Clean Energy International Investment Ltd., 3.38%, 05/12/26 (Call 05/12/24)(c) | 400 | 338,450 | ||||||
Fortune Star BVI Ltd. | ||||||||
5.00%, 05/18/26 (Call 05/18/24)(c) | 200 | 102,000 |
Security | Par (000) | Value | ||||||
China (continued) | ||||||||
5.05%, 01/27/27 (Call 01/27/25)(c) | $ | 200 | $ | 98,000 | ||||
5.95%, 10/19/25 (Call 10/19/23)(c) | 400 | 220,000 | ||||||
Greenland Global Investment Ltd., 5.88%, 07/03/24(c) | 200 | 44,000 | ||||||
IHS Holding Ltd. | ||||||||
5.63%, 11/29/26 (Call 11/29/23)(c) | 200 | 165,850 | ||||||
6.25%, 11/29/28 (Call 11/29/24)(c) | 200 | 163,000 | ||||||
Industrial & Commercial Bank of China Ltd., 3.20%, (Call 09/24/26)(c)(e)(f) | 2,900 | 2,786,900 | ||||||
JGSH Philippines Ltd., 4.13%, 07/09/30(c) | 200 | 185,787 | ||||||
KWG Group Holdings Ltd., 5.88%, 11/10/24 (Call 08/15/22)(c) | 400 | 48,000 | ||||||
Lenovo Group Ltd., 5.88%, 04/24/25(c) | 600 | 607,344 | ||||||
Leviathan Bond Ltd. | ||||||||
6.13%, 06/30/25 (Call 03/30/25)(c)(i) | 275 | 269,895 | ||||||
6.75%, 06/30/30 (Call 12/30/29)(c)(i) | 250 | 232,391 | ||||||
NWD Finance BVI Ltd., 4.13%, (Call 03/10/28)(c)(e)(f) | 600 | 465,000 | ||||||
Overseas Chinese Town Asia Holdings Ltd., 4.50%, (Call 07/15/23)(c)(e)(f) | 200 | 197,000 | ||||||
Powerlong Real Estate Holdings Ltd., 5.95%, 04/30/25 (Call 04/30/23)(c) | 400 | 48,000 | ||||||
RKPF Overseas 2020 A Ltd. | ||||||||
5.13%, 07/26/26 (Call 07/26/24)(c) | 200 | 73,000 | ||||||
5.20%, 01/12/26 (Call 01/12/24)(c) | 200 | 74,000 | ||||||
Shui On Development Holding Ltd. | ||||||||
5.75%, 11/12/23 (Call 08/29/22)(c) | 400 | 342,000 | ||||||
6.15%, 08/24/24 (Call 08/29/22)(c) | 200 | 157,000 | ||||||
Sino-Ocean Land Treasure III Ltd., 4.90%, (Call 09/21/22)(c)(e)(f) | 400 | 118,075 | ||||||
Times China Holdings Ltd. | ||||||||
5.55%, 06/04/24 (Call 06/04/23)(c) | 200 | 24,000 | ||||||
6.75%, 07/08/25 (Call 07/08/23)(c) | 400 | 44,000 | ||||||
Turkiye Vakiflar Bankasi TAO | ||||||||
5.25%, 02/05/25(c) | 400 | 342,575 | ||||||
6.50%, 01/08/26(c) | 400 | 338,825 | ||||||
Wanda Properties International Co. Ltd., 7.25%, 01/29/24(c) | 200 | 127,000 | ||||||
Well Hope Development Ltd., 3.88%, (Call 10/19/22)(c)(e)(f) | 400 | 399,000 | ||||||
West China Cement Ltd., 4.95%, 07/08/26 (Call 07/08/24)(c) | 200 | 142,000 | ||||||
Yanlord Land HK Co. Ltd., 5.13%, 05/20/26 (Call 05/20/24)(c) | 200 | 128,000 | ||||||
12,821,088 | ||||||||
Colombia — 3.2% | ||||||||
Avianca Midco 2 Ltd., 9.00%, 12/01/28 (Call 12/01/24)(c) | 850 | 709,750 | ||||||
Bancolombia SA | ||||||||
3.00%, 01/29/25 (Call 12/29/24)(d) | 400 | 367,825 | ||||||
4.63%, 12/18/29 (Call 12/18/24)(d)(e) | 200 | 169,850 | ||||||
4.88%, 10/18/27 (Call 10/18/22)(e) | 400 | 366,020 | ||||||
Canacol Energy Ltd., 5.75%, 11/24/28 (Call 11/24/24)(c) | 200 | 165,038 | ||||||
Colombia Telecomunicaciones SA ESP, 4.95%, 07/17/30 (Call 04/17/30)(c) | 200 | 155,000 | ||||||
Ecopetrol SA | ||||||||
4.13%, 01/16/25 | 560 | 537,880 | ||||||
4.63%, 11/02/31 (Call 08/02/31) | 590 | 482,325 | ||||||
5.38%, 06/26/26 (Call 03/26/26)(d) | 710 | 684,617 | ||||||
5.88%, 09/18/23 | 850 | 856,332 | ||||||
5.88%, 05/28/45 | 940 | 706,175 | ||||||
5.88%, 11/02/51 (Call 05/02/51) | 355 | 258,263 | ||||||
6.88%, 04/29/30 (Call 01/29/30)(d) | 950 | 902,785 | ||||||
7.38%, 09/18/43(d) | 400 | 356,075 | ||||||
Franshion Brilliant Ltd., 6.00%, (Call 02/08/26)(c)(e)(f) | 200 | 169,038 | ||||||
Gol Finance SA, 7.00%, 01/31/25(c) | 300 | 160,500 | ||||||
Guara Norte Sarl, 5.20%, 06/15/34(c) | 374 | 306,893 | ||||||
JSM Global Sarl, 4.75%, 10/20/30(c) | 200 | 154,100 |
2
Schedule of Investments (unaudited) (continued) | iShares® J.P. Morgan EM High Yield Bond ETF |
July 31, 2022 | (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Colombia (continued) | ||||||||
Kenbourne Invest SA, 6.88%, 11/26/24 (Call 08/29/22)(c) | $ | 200 | $ | 186,038 | ||||
Mexico Remittances Funding Fiduciary Estate Management Sarl, 4.88%, 01/15/28(c) | 200 | 160,250 | ||||||
Millicom International Cellular SA | ||||||||
4.50%, 04/27/31 (Call 04/27/26)(c) | 400 | 328,450 | ||||||
6.25%, 03/25/29 (Call 03/25/24)(c)(d) | 360 | 342,517 | ||||||
Minerva Luxembourg SA, 4.38%, 03/18/31(c) | 600 | 489,180 | ||||||
NagaCorp Ltd., 7.95%, 07/06/24 (Call 08/08/22)(c) | 200 | 179,975 | ||||||
Nexa Resources SA, 6.50%, 01/18/28 (Call 10/18/27)(c) | 200 | 193,913 | ||||||
Rumo Luxembourg Sarl, 4.20%, 01/18/32(c) | 200 | 162,290 | ||||||
Sierracol Energy Andina Co., 6.00%, 06/15/28 (Call 06/15/24)(c) | 200 | 143,600 | ||||||
Termocandelaria Power Ltd., 7.88%, 01/30/29 (Call 01/30/23)(c) | 340 | 300,751 | ||||||
9,995,430 | ||||||||
Egypt — 1.8% | ||||||||
Axis Bank Ltd., 4.10%, (Call 09/08/26)(c)(e)(f) | 200 | 168,000 | ||||||
Azul Investments LLP, 7.25%, 06/15/26 | 200 | 132,500 | ||||||
Banco do Brasil SA/Cayman | ||||||||
4.63%, 01/15/25(c) | 400 | 393,200 | ||||||
9.25%, 10/29/49(c) | 600 | 608,565 | ||||||
Bangkok Bank PCL/Hong Kong | ||||||||
3.73%, 09/25/34 (Call 09/25/29)(c)(e) | 600 | 529,237 | ||||||
5.00%, (c) | 400 | 371,825 | ||||||
Continuum Energy Levanter Pte Ltd., 4.50%, 02/09/27 (Call 02/09/24)(c) | 197 | 163,718 | ||||||
Delhi International Airport Ltd., 6.13%, 10/31/26(c) | 200 | 181,912 | ||||||
Greenko Solar Mauritius Ltd. | ||||||||
5.55%, 01/29/25(c) | 200 | 188,000 | ||||||
5.95%, 07/29/26 (Call 08/29/22)(c) | 200 | 182,000 | ||||||
Itau Unibanco Holding SA/Cayman Island, 4.63%, (Call 02/27/25)(c)(e)(f) | 400 | 321,325 | ||||||
Minsur SA, 4.50%, 10/28/31(c) | 200 | 170,038 | ||||||
Oleoducto Central SA, 4.00%, 07/14/27 (Call 05/14/27)(c) | 200 | 169,475 | ||||||
Pampa Energia SA, 7.50%, 01/24/27 (Call 08/29/22)(c) | 250 | 201,875 | ||||||
Shriram Transport Finance Co. Ltd., 4.40%, 03/13/24(c) | 400 | 378,000 | ||||||
Telefonica Celular del Paraguay SA, 5.88%, 04/15/27(c) | 200 | 189,326 | ||||||
Total Play Telecomunicaciones SA de CV, 7.50%, 11/12/25(c) | 400 | 343,500 | ||||||
Vedanta Resources Finance II PLC, 13.88%, 01/21/24 (Call 12/21/22)(c) | 400 | 343,825 | ||||||
YPF SA, 2.50%, 06/30/29(c) | 300 | 163,125 | ||||||
YPF Sociedad Anonima | ||||||||
1.50%, 09/30/33(c) | 300 | 143,625 | ||||||
4.00%, 02/12/26(c) | 400 | 316,000 | ||||||
5,659,071 | ||||||||
Ghana — 0.4% | ||||||||
Kosmos Energy Ltd., 7.13%, 04/04/26 (Call 08/29/22)(c) | 400 | 348,000 | ||||||
Tullow Oil PLC | ||||||||
7.00%, 03/01/25 (Call 08/30/22)(c) | 400 | 324,200 | ||||||
10.25%, 05/15/26 (Call 05/15/23)(c) | 706 | 656,580 | ||||||
1,328,780 | ||||||||
Guatemala — 0.3% | ||||||||
Central American Bottling Corp./CBC Bottling Holdco SL/Beliv Holdco SL, 5.25%, 04/27/29 (Call 04/27/26)(c) | 600 | 561,528 | ||||||
CT Trust, 5.13%, 02/03/32 (Call 02/03/27)(c) | 400 | 350,400 | ||||||
911,928 | ||||||||
Hong Kong — 3.0% | ||||||||
Adani Green Energy Ltd., 4.38%, 09/08/24(c) | 400 | 371,000 |
Security | Par (000) | Value | ||||||
Hong Kong (continued) | ||||||||
Bank of Communications Hong Kong Ltd., 3.73%, (Call 03/03/25)(c)(e)(f) | $ | 250 | $ | 243,750 | ||||
Bank of East Asia Ltd. (The), 5.83%, (Call 10/21/25)(c)(e)(f) | 250 | 232,500 | ||||||
CAS Capital No. 1 Ltd., 4.00%, (Call 07/12/26)(c)(e)(f) | 400 | 311,075 | ||||||
Cathay Pacific MTN Financing HK Ltd., 4.88%, 08/17/26(c) | 200 | 179,500 | ||||||
Celestial Miles Ltd., 5.75%, (Call 01/31/24)(c)(e)(f) | 600 | 586,500 | ||||||
China Citic Bank, 3.25%, (Call 07/29/26)(c)(e)(f) | 250 | 228,125 | ||||||
China CITIC Bank International Ltd., 4.80%, (Call 04/22/27)(c)(e)(f) | 250 | 237,875 | ||||||
Country Garden Holdings Co. Ltd., 3.30%, 01/12/31 (Call 10/12/30)(c) | 400 | 122,000 | ||||||
Emirates NBD Bank PJSC, 4.25%, (Call 02/27/27)(c)(e)(f) | 400 | 362,500 | ||||||
EnfraGen Energia Sur SA, 5.38%, 12/30/30(c) | 400 | 269,500 | ||||||
FWD Group Ltd. | ||||||||
5.75%, 07/09/24(c) | 400 | 377,325 | ||||||
6.38%, (Call 09/13/24)(c)(e)(f) | 400 | 353,325 | ||||||
8.05%, (Call 12/15/22)(c)(e)(f) | 400 | 376,200 | ||||||
GEMS MENASA Cayman Ltd./GEMS Education Delaware LLC, 7.13%, 07/31/26 (Call 08/29/22)(c) | 400 | 373,000 | ||||||
International Bank of Azerbaijan OJSC, 3.50%, 09/01/24(c) | 550 | 519,750 | ||||||
Li & Fung Ltd., 5.25%, (Call 11/03/22)(c)(f) | 200 | 114,000 | ||||||
Nanyang Commercial Bank Ltd., 6.50%, (Call 04/28/27)(c)(e)(f) | 250 | 242,812 | ||||||
New World China Land Ltd., 4.75%, 01/23/27(c) | 400 | 390,325 | ||||||
NWD Finance BVI Ltd., 6.25%, (Call 03/07/24)(c)(f) | 600 | 481,987 | ||||||
NWD MTN Ltd. | ||||||||
4.13%, 07/18/29(c) | 600 | 522,300 | ||||||
4.50%, 05/19/30(c) | 200 | 175,663 | ||||||
Petron Corp., 5.95%, (Call 04/19/26)(c)(e)(f) | 200 | 188,038 | ||||||
Sands China Ltd. | ||||||||
4.30%, 01/08/26 (Call 12/08/25)(d) | 400 | 358,040 | ||||||
5.13%, 08/08/25 (Call 06/08/25)(d) | 800 | 749,256 | ||||||
Seaspan Corp., 5.50%, 08/01/29 (Call 08/01/24)(c) | 400 | 313,000 | ||||||
Shelf Drilling Holdings Ltd., 8.25%, 02/15/25(c) | 420 | 303,397 | ||||||
SMC Global Power Holdings Corp., 5.70%, (Call 01/21/26)(c)(e)(f) | 200 | 178,000 | ||||||
Wheelock MTN BVI Ltd., 2.38%, 01/25/26(c) | 200 | 189,413 | ||||||
9,350,156 | ||||||||
India — 1.9% | ||||||||
ABJA Investment Co. Pte Ltd., 5.95%, 07/31/24(c) | 425 | 428,187 | ||||||
Adani Green Energy UP Ltd./Prayatna Developers Pvt Ltd./Parampujya Solar Energy, 6.25%, 12/10/24(c) | 200 | 194,162 | ||||||
Delhi International Airport Ltd., 6.45%, 06/04/29(c) | 200 | 162,000 | ||||||
Digicel International Finance Ltd./Digicel international Holdings Ltd., 8.75%, 05/25/24 (Call 08/15/22)(c) | 300 | 280,650 | ||||||
Geopark Ltd., 5.50%, 01/17/27 (Call 01/17/24)(c) | 200 | 170,663 | ||||||
Greenko Power II Ltd., 4.30%, 12/13/28 (Call 12/14/24)(c) | 587 | 498,525 | ||||||
Greenko Wind Projects Mauritius Ltd., 5.50%, 04/06/25 (Call 04/06/24)(c) | 400 | 374,500 | ||||||
HDFC Bank Ltd., 3.70%, (Call 08/25/26)(c)(e)(f) | 400 | 339,000 | ||||||
JSW Hydro Energy Ltd., 4.13%, 05/18/31 (Call 05/18/26)(c) | 368 | 314,640 | ||||||
JSW Steel Ltd. | ||||||||
3.95%, 04/05/27 (Call 10/05/26)(c) | 400 | 339,000 | ||||||
5.05%, 04/05/32 (Call 10/05/31)(c) | 200 | 156,000 | ||||||
5.95%, 04/18/24(c) | 200 | 196,750 | ||||||
Melco Resorts Finance Ltd., 5.38%, 12/04/29 (Call 12/04/24)(c) | 600 | 414,000 | ||||||
Network i2i Ltd. | ||||||||
3.98%, (c) | 200 | 165,500 | ||||||
5.65%, (Call 01/15/25)(c)(e)(f) | 600 | 575,880 | ||||||
Periama Holdings LLC/DE, 5.95%, 04/19/26(c) | 400 | 371,500 |
3
Schedule of Investments (unaudited) (continued) | iShares® J.P. Morgan EM High Yield Bond ETF |
July 31, 2022 | (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
India (continued) | ||||||||
Powerlong Real Estate Holdings Ltd., 6.25%, 08/10/24 (Call 09/09/22)(c) | $ | 200 | $ | 25,000 | ||||
ReNew Wind Energy AP2/ReNew Power Pvt Ltd. other 9 | ||||||||
Subsidiaries, 4.50%, 07/14/28 (Call 10/14/23)(c)(d) | 400 | 332,000 | ||||||
Vedanta Resources Finance II PLC | ||||||||
8.95%, 03/11/25 (Call 09/11/24)(c) | 600 | 441,000 | ||||||
9.25%, 04/23/26 (Call 04/23/23)(c) | 400 | 248,000 | ||||||
6,026,957 | ||||||||
Indonesia — 0.7% | ||||||||
Adaro Indonesia PT, 4.25%, 10/31/24 (Call 10/31/22)(c) | 250 | 239,109 | ||||||
Anadolu Efes Biracilik Ve Malt Sanayii AS, 3.38%, 06/29/28 (Call 03/29/28)(c) | 200 | 134,350 | ||||||
Aragvi Finance International SR, 8.45%, 04/29/26 (Call 04/29/24)(c) | 200 | 143,000 | ||||||
Bank Negara Indonesia Persero Tbk PT | ||||||||
3.75%, 03/30/26(c) | 400 | 367,044 | ||||||
4.30%, (Call 03/24/27)(c)(e)(f) | 200 | 169,272 | ||||||
Indika Energy Capital IV Pte Ltd., 8.25%, 10/22/25 (Call 10/22/22)(c) | 350 | 337,050 | ||||||
Medco Bell Pte Ltd., 6.38%, 01/30/27 (Call 01/30/24)(c) | 400 | 355,500 | ||||||
Medco Oak Tree Pte Ltd., 7.38%, 05/14/26 (Call 05/14/23)(c) | 400 | 374,000 | ||||||
2,119,325 | ||||||||
Israel — 2.2% | ||||||||
Bank of East Asia Ltd. (The), 5.88%, (Call 09/19/24)(c)(e)(f) | 250 | 236,250 | ||||||
Energean Israel Finance Ltd., 5.88%, 03/30/31 (Call 09/30/30)(c)(i) | 300 | 256,500 | ||||||
Playtika Holding Corp., 4.25%, 03/15/29 (Call 03/15/24)(c) | 300 | 268,335 | ||||||
Riyad Tier 1 Sukuk Ltd., 4.00%, (Call 02/16/27)(c)(e)(f) | 400 | 377,500 | ||||||
Teva Pharmaceutical Finance Co. LLC, 6.15%, 02/01/36(d) | 450 | 407,531 | ||||||
Teva Pharmaceutical Finance Netherlands III BV | ||||||||
3.15%, 10/01/26(d) | 1,700 | 1,523,965 | ||||||
4.10%, 10/01/46 | 900 | 630,169 | ||||||
4.75%, 05/09/27 (Call 02/09/27) | 500 | 469,825 | ||||||
5.13%, 05/09/29 (Call 02/09/29) | 400 | 361,000 | ||||||
6.00%, 04/15/24 (Call 01/15/24)(d) | 600 | 599,362 | ||||||
6.75%, 03/01/28 (Call 12/01/27)(d) | 600 | 596,820 | ||||||
7.13%, 01/31/25 (Call 10/31/24)(d) | 400 | 406,825 | ||||||
Turkiye Is Bankasi AS, 7.75%, 01/22/30 (Call 01/22/25)(c)(e) | 400 | 348,700 | ||||||
Yancoal International Resources Development Co. Ltd., 3.50%, 11/04/23(c) | 200 | 195,038 | ||||||
6,677,820 | ||||||||
Jamaica — 0.1% | ||||||||
Digicel International Finance Ltd./Digicel international Holdings Ltd., 8.75%, 05/25/24 (Call 08/15/22)(c) | 200 | 187,788 | ||||||
Jordan — 0.1% | ||||||||
SMC Global Power Holdings Corp., 7.00%, (Call 10/21/25)(c)(e)(f) | 400 | 376,450 | ||||||
Kazakhstan — 0.1% | ||||||||
Energean Israel Finance Ltd., 5.38%, 03/30/28 (Call 09/30/27)(c)(i) | 300 | 264,000 | ||||||
Kuwait — 0.4% | ||||||||
Burgan Bank SAK, 5.75%, (Call 07/09/24)(c)(e)(f) | 200 | 173,162 | ||||||
China CITIC Bank International Ltd., 7.10%, (Call 11/06/23)(c)(e)(f) | 400 | 408,600 | ||||||
Kuwait Projects Co. SPC Ltd. | ||||||||
4.23%, 10/29/26(c) | 400 | 322,200 | ||||||
4.50%, 02/23/27(c) | 200 | 155,475 |
Security | Par (000) | Value | ||||||
Kuwait (continued) | ||||||||
Leviathan Bond Ltd., 6.50%, 06/30/27 (Call 12/30/26)(c)(i) | $ | 300 | $ | 289,650 | ||||
1,349,087 | ||||||||
Luxembourg — 0.1% | ||||||||
Altice Financing SA, 5.00%, 01/15/28 (Call 01/15/23)(c) | 400 | 352,992 | ||||||
Macau — 1.6% | ||||||||
Champion Path Holdings Ltd. | ||||||||
4.50%, 01/27/26 (Call 01/27/24)(c) | 200 | 128,000 | ||||||
4.85%, 01/27/28 (Call 01/27/25)(c) | 200 | 120,100 | ||||||
Melco Resorts Finance Ltd. | ||||||||
4.88%, 06/06/25 (Call 08/29/22)(c) | 200 | 157,260 | ||||||
5.25%, 04/26/26 (Call 08/29/22)(c) | 300 | 234,000 | ||||||
5.63%, 07/17/27 (Call 08/29/22)(c) | 400 | 296,000 | ||||||
5.75%, 07/21/28 (Call 07/21/23)(c) | 400 | 284,000 | ||||||
MGM China Holdings Ltd. | ||||||||
5.38%, 05/15/24 (Call 08/08/22)(c) | 600 | 540,000 | ||||||
5.88%, 05/15/26 (Call 08/08/22)(c) | 400 | 329,950 | ||||||
Sands China Ltd. | ||||||||
2.55%, 03/08/27 (Call 02/08/27)(c) | 300 | 252,000 | ||||||
3.10%, 03/08/29 (Call 01/08/29)(c) | 400 | 315,976 | ||||||
3.25%, 08/08/31 (Call 05/08/31)(c) | 200 | 151,500 | ||||||
4.88%, 06/18/30 (Call 03/18/30) | 400 | 339,000 | ||||||
5.40%, 08/08/28 (Call 05/08/28) | 800 | 720,952 | ||||||
Studio City Finance Ltd. | ||||||||
5.00%, 01/15/29 (Call 01/15/24)(c) | 800 | 396,400 | ||||||
6.50%, 01/15/28 (Call 07/15/23)(c) | 200 | 105,725 | ||||||
Wynn Macau Ltd., 5.13%, 12/15/29 (Call 12/15/24)(c) | 600 | 448,500 | ||||||
4,819,363 | ||||||||
Malaysia — 0.1% | ||||||||
NWD Finance BVI Ltd., 4.80%, (Call 09/09/23)(c)(f) | 400 | 288,075 | ||||||
Mexico — 7.3% | ||||||||
Alsea SAB de CV, 7.75%, 12/14/26 (Call 12/14/23)(c) | 400 | 370,325 | ||||||
Banco Mercantil del Norte SA/Grand Cayman | ||||||||
6.75%, (Call 09/27/24)(c)(d)(e)(f) | 300 | 282,431 | ||||||
7.50%, (Call 06/27/29)(c)(e)(f) | 200 | 179,413 | ||||||
BBVA Bancomer SA/Texas, 5.13%, 01/18/33 (Call 01/17/28)(c)(e) | 400 | 346,000 | ||||||
Braskem Idesa SAPI, 7.45%, 11/15/29 (Call 11/15/24)(c)(d) | 400 | 364,000 | ||||||
Cemex SAB de CV | ||||||||
5.45%, 11/19/29 (Call 11/19/24)(c) | 400 | 367,000 | ||||||
7.38%, 06/05/27 (Call 06/05/23)(c) | 400 | 404,000 | ||||||
Cemex SAB De CV, 5.13%, (Call 06/08/26)(c)(e)(f) | 500 | 417,500 | ||||||
Grupo Aeromexico SAB de CV, 8.50%, 03/17/27 (Call 03/17/24)(c) | 300 | 282,000 | ||||||
Grupo Bimbo SAB de CV, 5.95%, (Call 04/17/23)(c)(d)(e)(f) | 200 | 196,360 | ||||||
Petroleos Mexicanos | ||||||||
4.50%, 01/23/26 | 600 | 542,700 | ||||||
5.35%, 02/12/28(d) | 953 | 794,325 | ||||||
5.95%, 01/28/31 (Call 10/28/30) | 1,800 | 1,390,500 | ||||||
6.35%, 02/12/48 | 750 | 493,125 | ||||||
6.38%, 01/23/45 | 600 | 399,750 | ||||||
6.49%, 01/23/27 (Call 11/23/26) | 748 | 676,846 | ||||||
6.50%, 03/13/27(d) | 1,900 | 1,716,460 | ||||||
6.50%, 01/23/29(d) | 550 | 467,561 | ||||||
6.50%, 06/02/41 | 750 | 509,813 | ||||||
6.63%, 06/15/35 | 1,300 | 946,530 | ||||||
6.70%, 02/16/32 (Call 11/16/31)(d) | 3,150 | 2,511,337 | ||||||
6.75%, 09/21/47 | 2,600 | 1,763,450 | ||||||
6.84%, 01/23/30 (Call 10/23/29) | 1,100 | 926,629 |
4
Schedule of Investments (unaudited) (continued) | iShares® J.P. Morgan EM High Yield Bond ETF |
July 31, 2022 | (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Mexico (continued) | ||||||||
6.88%, 08/04/26(d) | $ | 1,300 | $ | 1,238,770 | ||||
6.95%, 01/28/60 (Call 07/28/59)(d) | 1,800 | 1,215,000 | ||||||
7.69%, 01/23/50 (Call 07/23/49)(d) | 3,850 | 2,791,250 | ||||||
8.75%, 06/02/29 (Call 04/02/29)(i) | 600 | 562,988 | ||||||
8.75%, 06/02/29 (Call 04/02/29)(c) | 100 | 93,831 | ||||||
Total Play Telecomunicaciones SA de CV, 6.38%, 09/20/28 (Call 09/30/25)(c) | 200 | 155,680 | ||||||
Unifin Financiera SAB de CV, 9.88%, 01/28/29 (Call 01/28/25)(c)(d) | 200 | 104,000 | ||||||
22,509,574 | ||||||||
Morocco — 0.4% | ||||||||
MGM China Holdings Ltd., 5.25%, 06/18/25 (Call 08/08/22)(c) | 200 | 168,537 | ||||||
OCP SA | ||||||||
4.50%, 10/22/25(c) | 400 | 392,860 | ||||||
5.63%, 04/25/24(c) | 300 | 302,869 | ||||||
6.88%, 04/25/44(c) | 400 | 340,825 | ||||||
1,205,091 | ||||||||
Nigeria — 0.3% | ||||||||
Access Bank PLC, 9.13%, (Call 10/07/26)(c)(e)(f) | 400 | 282,000 | ||||||
HTA Group Ltd./Mauritius, 7.00%, 12/18/25 (Call 08/30/22)(c) | 400 | 355,200 | ||||||
IHS Netherlands Holdco BV, 8.00%, 09/18/27 (Call 09/18/22)(c) | 400 | 356,080 | ||||||
993,280 | ||||||||
Oman — 0.3% | ||||||||
Bank Muscat SAOG, 4.75%, 03/17/26(c) | 200 | 191,500 | ||||||
Oztel Holdings SPC Ltd. | ||||||||
5.63%, 10/24/23(c) | 200 | 200,725 | ||||||
6.63%, 04/24/28(c) | 500 | 509,938 | ||||||
902,163 | ||||||||
Panama — 0.3% | ||||||||
C&W Senior Financing DAC, 6.88%, 09/15/27 (Call 09/15/22)(c)(d) | 800 | 712,520 | ||||||
Cable Onda SA, 4.50%, 01/30/30 (Call 01/30/25)(c) | 200 | 178,250 | ||||||
890,770 | ||||||||
Paraguay — 0.1% | ||||||||
Bioceanico Sovereign Certificate Ltd., 0.00%, 06/05/34(c)(h) | 468 | 291,894 | ||||||
Peru — 1.2% | ||||||||
CA Magnum Holdings, 5.38%, 10/31/26 (Call 10/31/23)(c) | 400 | 352,000 | ||||||
Cia. De Minas Buenaventur Co., 5.50%, 07/23/26 (Call 07/23/23)(c) | 200 | 172,000 | ||||||
Hunt Oil Co. of Peru LLC Sucursal Del Peru, 6.38%, 06/01/28(c) | 366 | 334,752 | ||||||
Inkia Energy Ltd., 5.88%, 11/09/27 (Call 11/09/22)(c) | 400 | 365,325 | ||||||
InRetail Consumer, 3.25%, 03/22/28 (Call 01/22/28)(c) | 400 | 330,700 | ||||||
Nemak SAB de CV, 3.63%, 06/28/31 (Call 03/28/31)(c) | 200 | 154,500 | ||||||
Peru LNG Srl, 5.38%, 03/22/30(c) | 400 | 333,000 | ||||||
Petroleos del Peru SA | ||||||||
4.75%, 06/19/32(c) | 200 | 156,100 | ||||||
5.63%, 06/19/47(c) | 1,100 | 774,125 | ||||||
Wynn Macau Ltd., 5.50%, 01/15/26 (Call 08/29/22)(c) | 400 | 324,000 | ||||||
XP Inc., 3.25%, 07/01/26 (Call 06/01/26)(c) | 400 | 358,800 | ||||||
YPF SA, 8.75%, 04/04/24(c) | 238 | 174,335 | ||||||
3,829,637 | ||||||||
Philippines — 0.4% | ||||||||
Globe Telecom Inc., 4.20%, (Call 08/02/26)(c)(e)(f) | 400 | 368,000 | ||||||
Petron Corp., 4.60%, (Call 07/19/23)(c)(e)(f) | 200 | 188,225 | ||||||
San Miguel Crop., 5.50%, (Call 07/29/25)(c)(e)(f) | 200 | 191,750 |
Security | Par (000) | Value | ||||||
Philippines (continued) | ||||||||
SMC Global Power Holdings Corp., 6.50%, (Call 04/25/24)(c)(e)(f) | $ | 600 | $ | 567,487 | ||||
1,315,462 | ||||||||
Poland — 0.1% | ||||||||
Canpack SA/Canpack U.S. LLC, 3.88%, 11/15/29 (Call 11/15/24)(c) | 400 | 333,375 | ||||||
Qatar — 0.5% | ||||||||
AI Candelaria Spain SLU, 5.75%, 06/15/33 (Call 06/15/28)(c) | 400 | 298,000 | ||||||
Braskem Idesa SAPI, 6.99%, 02/20/32 (Call 02/20/27)(c) | 700 | 589,540 | ||||||
Liquid Telecommunications Financing Plc, 5.50%, 09/04/26 (Call 03/04/23)(c) | 200 | 174,412 | ||||||
SMC Global Power Holdings Corp., 5.45%, (Call 12/09/26)(c)(e)(f) | 400 | 343,500 | ||||||
1,405,452 | ||||||||
Saudi Arabia — 0.3% | ||||||||
Arabian Centres Sukuk II Ltd., 5.63%, 10/07/26(c) | 400 | 360,575 | ||||||
Dar Al-Arkan Sukuk Co. Ltd., 6.75%, 02/15/25(c) | 200 | 193,725 | ||||||
Henderson Land MTN Ltd., 2.38%, 05/27/25(c) | 200 | 189,788 | ||||||
Yapi ve Kredi Bankasi AS, 7.88%, 01/22/31 (Call 01/22/26)(c)(e) | 200 | 174,100 | ||||||
918,188 | ||||||||
Singapore — 0.2% | ||||||||
GLP Pte Ltd., 4.50%, (Call 05/17/26)(c)(e)(f) | 400 | 319,450 | ||||||
Singapore Airlines Ltd., 3.00%, 07/20/26 (Call 06/20/26)(c) | 200 | 190,412 | ||||||
509,862 | ||||||||
South Africa — 2.4% | ||||||||
Absa Group Ltd., 6.38%, (Call 05/27/26)(c)(e)(f) | 200 | 181,913 | ||||||
AES Andes SA., 7.13%, 03/26/79 (Call 04/07/24)(c)(e) | 400 | 364,000 | ||||||
Banco de Bogota SA, 6.25%, 05/12/26(c) | 600 | 568,050 | ||||||
Bidvest Group UK PLC (The), 3.63%, 09/23/26 (Call 09/23/23)(c) | 400 | 356,700 | ||||||
Braskem Netherlands Finance BV, 8.50%, 01/23/81 (Call 10/24/25)(c)(e) | 200 | 206,580 | ||||||
Embraer Netherlands Finance BV, 6.95%, 01/17/28 (Call 10/17/27)(c) | 400 | 400,500 | ||||||
Eskom Holdings SOC Ltd. | ||||||||
6.35%, 08/10/28(c) | 600 | 570,562 | ||||||
7.13%, 02/11/25(c) | 460 | 428,030 | ||||||
FirstRand Bank Ltd., 6.25%, 04/23/28 (Call 04/23/23)(c)(e) | 200 | 196,788 | ||||||
Greenko Dutch BV, 3.85%, 03/29/26 (Call 03/29/23)(c) | 388 | 336,590 | ||||||
InterCement Financial Operations BV, 5.75%, 07/17/24 (Call 08/29/22)(c) | 400 | 292,400 | ||||||
Mong Duong Finance Holdings BV, 5.13%, 05/07/29(c) | 250 | 203,172 | ||||||
MTN Mauritius Investments Ltd. | ||||||||
4.76%, 11/11/24(c) | 400 | 392,450 | ||||||
6.50%, 10/13/26(c) | 200 | 197,725 | ||||||
NWD Finance BVI Ltd., 5.25%, (Call 03/22/26)(c)(e)(f) | 600 | 534,112 | ||||||
Sasol Financing USA LLC | ||||||||
4.38%, 09/18/26 (Call 08/18/26) | 200 | 184,475 | ||||||
5.50%, 03/18/31 (Call 03/18/30) | 400 | 326,075 | ||||||
5.88%, 03/27/24 (Call 02/27/24) | 800 | 796,000 | ||||||
6.50%, 09/27/28 (Call 06/27/28) | 400 | 381,200 | ||||||
Stillwater Mining Co. | ||||||||
4.00%, 11/16/26 (Call 11/16/23)(c) | 200 | 171,000 | ||||||
4.50%, 11/16/29 (Call 11/16/25)(c) | 400 | 315,450 | ||||||
7,403,772 | ||||||||
South Korea — 0.2% | ||||||||
PCPD Capital Ltd., 5.13%, 06/18/26 (Call 06/18/24)(c) | 400 | 348,000 |
5
Schedule of Investments (unaudited) (continued) | iShares® J.P. Morgan EM High Yield Bond ETF |
July 31, 2022 | (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
South Korea (continued) | ||||||||
Woori Bank, 4.25%, (Call 10/04/24)(c)(e)(f) | $ | 200 | $ | 189,288 | ||||
537,288 | ||||||||
Supranational — 0.2% | ||||||||
Eastern & Southern African Trade & Development Bank (The) | ||||||||
4.13%, 06/30/28(c) | 200 | 157,341 | ||||||
4.88%, 05/23/24(c) | 400 | 375,033 | ||||||
532,374 | ||||||||
Switzerland — 0.0% | ||||||||
Oriflame Investment Holding PLC, 5.13%, 05/04/26 (Call 05/15/23)(c) | 200 | 120,000 | ||||||
Taiwan — 0.3% | ||||||||
Banco Mercantil del Norte SA/Grand Cayman, 5.88%, (Call 01/24/27)(c)(e)(f) | 400 | 332,200 | ||||||
Commercial Bank PSQC (The), 4.50%, (Call 03/03/26)(c)(e)(f) | 400 | 357,000 | ||||||
Rumo Luxembourg Sarl, 5.25%, 01/10/28 (Call 01/10/24)(c) | 200 | 188,725 | ||||||
Turk Telekomunikasyon AS, 6.88%, 02/28/25(c) | 200 | 173,287 | ||||||
1,051,212 | ||||||||
Thailand — 0.2% | ||||||||
Kasikornbank PCL/Hong Kong, 3.34%, 10/02/31 (Call 10/02/26)(c)(e) | 600 | 539,175 | ||||||
Krung Thai Bank PCL/Cayman Islands, 4.40%, (Call 03/25/26)(c)(e)(f) | 200 | 168,000 | ||||||
707,175 | ||||||||
Togo — 0.1% | ||||||||
Ecobank Transnational Inc., 9.50%, 04/18/24(c) | 200 | 189,000 | ||||||
Turkey — 3.3% | ||||||||
Akbank TAS | ||||||||
5.13%, 03/31/25(c) | 200 | 173,788 | ||||||
6.80%, 02/06/26(c) | 200 | 173,600 | ||||||
6.80%, 06/22/31 (Call 06/22/26)(c)(e) | 400 | 325,325 | ||||||
Banco do Brasil SA/Cayman, 4.75%, 03/20/24(c) | 400 | 398,825 | ||||||
Banco Mercantil del Norte SA/Grand Cayman 7.63%, (c) | 200 | 184,788 | ||||||
8.38%, (Call 10/14/30)(c)(e)(f) | 200 | 190,412 | ||||||
BBVA Bancomer SA/Texas, 5.88%, 09/13/34 (Call 09/13/29)(c)(e) | 350 | 311,281 | ||||||
BRF SA, 5.75%, 09/21/50 (Call 03/21/50)(c) | 400 | 301,880 | ||||||
Cemex SAB de CV | ||||||||
3.88%, 07/11/31 (Call 07/11/26)(c) | 800 | 641,150 | ||||||
5.20%, 09/17/30 (Call 09/17/25)(c) | 400 | 357,075 | ||||||
Cemig Geracao e Transmissao SA, 9.25%, 12/05/24 (Call 12/05/23)(c) | 400 | 421,325 | ||||||
Centrais Eletricas Brasileiras SA, 4.63%, 02/04/30(c) | 400 | 353,400 | ||||||
Cosan SA, 5.50%, 09/20/29 (Call 09/20/24)(c) | 400 | 373,200 | ||||||
First Quantum Minerals Ltd., 6.88%, 10/15/27 (Call 10/15/23)(c) | 800 | 756,000 | ||||||
KOC Holding AS, 6.50%, 03/11/25 (Call 12/11/24)(c) | 400 | 361,450 | ||||||
Mersin Uluslararasi Liman Isletmeciligi AS, 5.38%, 11/15/24 (Call 11/15/22)(c) | 200 | 180,288 | ||||||
National Bank of Oman SAOG, 5.63%, 09/25/23(c) | 200 | 198,912 | ||||||
QNB Finansbank AS, 6.88%, 09/07/24(c) | 200 | 198,412 | ||||||
SEPLAT Energy PLC, 7.75%, 04/01/26 (Call 04/01/23)(c) | 400 | 336,000 | ||||||
Simpar Europe SA, 5.20%, 01/26/31(c) | 200 | 166,225 | ||||||
Singapore Airlines Ltd., 3.38%, 01/19/29 (Call 11/19/28)(c) | 400 | 362,240 | ||||||
Turk Telekomunikasyon AS, 4.88%, 06/19/24(c) | 200 | 172,000 | ||||||
Turkcell Iletisim Hizmetleri AS | ||||||||
5.75%, 10/15/25(c) | 200 | 170,600 | ||||||
5.80%, 04/11/28 (Call 01/11/28)(c) | 200 | 151,475 |
Security | Par (000) | Value | ||||||
Turkey (continued) | ||||||||
Turkiye Garanti Bankasi AS, 7.18%, 05/24/27(c)(e) | $ | 400 | $ | 330,075 | ||||
Turkiye Is Bankasi AS | ||||||||
6.13%, 04/25/24(c) | 600 | 549,112 | ||||||
7.00%, 06/29/28 (Call 06/29/23)(c)(e) | 200 | 176,600 | ||||||
Turkiye Petrol Rafinerileri AS, 4.50%, 10/18/24 (Call 07/20/24)(c) | 400 | 354,325 | ||||||
Turkiye Sise ve Cam Fabrikalari AS, 6.95%, 03/14/26 (Call 12/14/25)(c) | 300 | 263,869 | ||||||
Turkiye Vakiflar Bankasi TAO, 8.13%, 03/28/24(c) | 200 | 188,163 | ||||||
Ulker Biskuvi Sanayi AS, 6.95%, 10/30/25(c) | 200 | 147,163 | ||||||
Yapi ve Kredi Bankasi AS | ||||||||
5.85%, 06/21/24(c) | 300 | 274,931 | ||||||
8.25%, 10/15/24(c) | 200 | 189,350 | ||||||
13.88%, (Call 01/15/24)(c)(e)(f) | 400 | 405,325 | ||||||
10,138,564 | ||||||||
Ukraine — 0.0% | ||||||||
Metinvest BV, 7.75%, 10/17/29(c) | 200 | 77,975 | ||||||
United Arab Emirates — 1.1% | ||||||||
ADIB Capital Invest 2 Ltd., 7.13%, (Call 09/20/23)(c)(e)(f) | 400 | 407,575 | ||||||
DIB Tier 1 Sukuk 3 Ltd., 6.25%, (Call 01/22/25)(c)(e)(f) | 400 | 400,000 | ||||||
DP World Salaam, 6.00%, (Call 10/01/25)(c)(e)(f) | 800 | 801,500 | ||||||
Emirates NBD Bank PJSC, 6.13%, (Call 03/20/25)(c)(e)(f) | 400 | 393,500 | ||||||
Energean Israel Finance Ltd. | ||||||||
4.50%, 03/30/24 (Call 12/30/23)(c)(i) | 300 | 285,750 | ||||||
4.88%, 03/30/26 (Call 12/30/25)(c)(i) | 300 | 273,750 | ||||||
Grupo de Inversiones Suramericana SA, 5.50%, 04/29/26(c) | 200 | 184,225 | ||||||
OCP SA, 5.13%, 06/23/51 (Call 12/23/50)(c) | 400 | 284,825 | ||||||
Petrofac Ltd., 9.75%, 11/15/26 (Call 11/15/23)(c) | 200 | 160,380 | ||||||
SMC Global Power Holdings Corp., 5.95%, (Call 05/05/25)(c)(e)(f) | 200 | 181,725 | ||||||
3,373,230 | ||||||||
Zambia — 0.5% | ||||||||
First Quantum Minerals Ltd. | ||||||||
6.50%, 03/01/24 (Call 08/08/22)(c)(d) | 400 | 397,524 | ||||||
6.88%, 03/01/26 (Call 08/08/22)(c) | 400 | 387,800 | ||||||
7.50%, 04/01/25 (Call 08/08/22)(c) | 600 | 593,550 | ||||||
Grupo Aval Ltd., 4.38%, 02/04/30 (Call 11/04/29)(c) | 400 | 316,000 | ||||||
1,694,874 | ||||||||
Total Corporate Bonds & Notes — 50.2% | ||||||||
(Cost: $182,647,315) | 155,349,548 |
Foreign Government Obligations | ||||||||
Angola — 1.0% | ||||||||
Angolan Government International Bond | ||||||||
8.00%, 11/26/29(c) | 800 | 644,000 | ||||||
8.25%, 05/09/28(c) | 800 | 672,000 | ||||||
8.75%, 04/14/32(c) | 900 | 726,750 | ||||||
9.13%, 11/26/49(c) | 600 | 457,237 | ||||||
9.38%, 05/08/48(c) | 800 | 618,000 | ||||||
3,117,987 | ||||||||
Argentina — 2.3% | ||||||||
Argentine Republic Government International Bond | ||||||||
0.50%, 07/09/30 (Call 08/29/22)(j) | 7,519 | 1,774,598 | ||||||
1.00%, 07/09/29 (Call 08/29/22)(d) | 1,231 | 286,791 | ||||||
1.50%, 07/09/35 (Call 08/29/22)(j) | 9,649 | 2,142,130 | ||||||
1.50%, 07/09/46 (Call 08/29/22)(j) | 976 | 219,273 | ||||||
3.50%, 07/09/41 (Call 08/29/22)(d)(j) | 4,954 | 1,287,938 |
6
Schedule of Investments (unaudited) (continued) | iShares® J.P. Morgan EM High Yield Bond ETF |
July 31, 2022 | (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Argentina (continued) | ||||||||
3.88%, 01/09/38 (Call 08/29/22)(j) | $ | 5,399 | $ | 1,514,284 | ||||
7,225,014 | ||||||||
Azerbaijan — 0.3% | ||||||||
Republic of Azerbaijan International Bond | ||||||||
3.50%, 09/01/32(c) | 450 | 386,803 | ||||||
4.75%, 03/18/24(c) | 600 | 599,925 | ||||||
986,728 | ||||||||
Bahrain — 2.3% | ||||||||
Bahrain Government International Bond | ||||||||
5.25%, 01/25/33(c) | 600 | 495,675 | ||||||
5.45%, 09/16/32(c) | 400 | 336,075 | ||||||
5.63%, 09/30/31(c) | 400 | 345,575 | ||||||
5.63%, 05/18/34(c) | 600 | 489,113 | ||||||
6.00%, 09/19/44(c) | 600 | 434,738 | ||||||
6.75%, 09/20/29(c) | 600 | 583,613 | ||||||
7.00%, 01/26/26(c) | 600 | 616,987 | ||||||
7.00%, 10/12/28(c) | 700 | 697,944 | ||||||
7.38%, 05/14/30(c) | 400 | 400,575 | ||||||
CBB International Sukuk Co. 5 SPC, 5.62%, 02/12/24(c) | 600 | 604,987 | ||||||
CBB International Sukuk Co. 7 SPC, 6.88%, 10/05/25(c) | 400 | 418,325 | ||||||
CBB International Sukuk Programme Co. WLL | ||||||||
3.88%, 05/18/29(d)(i) | 425 | 374,478 | ||||||
3.95%, 09/16/27(c) | 500 | 468,219 | ||||||
4.50%, 03/30/27(c) | 400 | 385,200 | ||||||
6.25%, 11/14/24(c) | 600 | 614,362 | ||||||
7,265,866 | ||||||||
Bolivia — 0.1% | ||||||||
Bolivian Government International Bond, 4.50%, 03/20/28(c) | 400 | 322,325 | ||||||
Brazil — 5.0% | ||||||||
Banco Nacional de Desenvolvimento Economico e Social, 5.75%, 09/26/23(c) | 400 | 405,700 | ||||||
Brazilian Government International Bond | ||||||||
2.88%, 06/06/25(d) | 800 | 768,800 | ||||||
3.75%, 09/12/31(d) | 700 | 615,300 | ||||||
3.88%, 06/12/30(d) | 1,700 | 1,527,662 | ||||||
4.25%, 01/07/25(d) | 1,948 | 1,955,670 | ||||||
4.50%, 05/30/29 (Call 02/28/29)(d) | 1,000 | 944,563 | ||||||
4.63%, 01/13/28 (Call 10/13/27)(d) | 1,400 | 1,365,700 | ||||||
4.75%, 01/14/50 (Call 07/14/49) | 1,850 | 1,390,159 | ||||||
5.00%, 01/27/45(d) | 1,500 | 1,195,125 | ||||||
5.63%, 01/07/41(d) | 1,100 | 959,269 | ||||||
5.63%, 02/21/47 | 1,300 | 1,103,619 | ||||||
6.00%, 04/07/26(d) | 1,000 | 1,063,000 | ||||||
7.13%, 01/20/37 | 800 | 852,400 | ||||||
8.25%, 01/20/34 | 650 | 745,794 | ||||||
8.88%, 04/15/24 | 450 | 491,569 | ||||||
15,384,330 | ||||||||
Colombia — 3.9% | ||||||||
Colombia Government International Bond | ||||||||
3.00%, 01/30/30 (Call 10/30/29) | 700 | 564,288 | ||||||
3.13%, 04/15/31 (Call 01/15/31) | 1,200 | 947,850 | ||||||
3.25%, 04/22/32 (Call 01/22/32) | 800 | 622,000 | ||||||
3.88%, 04/25/27 (Call 01/25/27)(d) | 800 | 731,400 | ||||||
3.88%, 02/15/61 (Call 08/15/60) | 600 | 374,550 | ||||||
4.00%, 02/26/24 (Call 11/26/23) | 800 | 785,400 | ||||||
4.13%, 02/22/42 (Call 08/22/41) | 400 | 272,000 | ||||||
4.13%, 05/15/51 (Call 11/15/50)(d) | 800 | 526,900 | ||||||
4.50%, 01/28/26 (Call 10/28/25) | 800 | 766,400 |
Security | Par (000) | Value | ||||||
Colombia (continued) | ||||||||
4.50%, 03/15/29 (Call 12/15/28)(d) | $ | 1,000 | $ | 905,188 | ||||
5.00%, 06/15/45 (Call 12/15/44) | 2,200 | 1,600,912 | ||||||
5.20%, 05/15/49 (Call 11/15/48) | 1,250 | 919,766 | ||||||
5.63%, 02/26/44 (Call 08/26/43) | 1,200 | 932,850 | ||||||
6.13%, 01/18/41(d) | 1,150 | 965,856 | ||||||
7.38%, 09/18/37(d) | 900 | 880,481 | ||||||
8.13%, 05/21/24(d) | 375 | 393,703 | ||||||
12,189,544 | ||||||||
Costa Rica — 0.5% | ||||||||
Costa Rica Government International Bond | ||||||||
6.13%, 02/19/31(c)(d) | 600 | 576,112 | ||||||
7.00%, 04/04/44(c) | 450 | 393,413 | ||||||
7.16%, 03/12/45(c) | 600 | 532,050 | ||||||
1,501,575 | ||||||||
Dominican Republic — 3.4% | ||||||||
Dominican Republic International Bond | ||||||||
4.50%, 01/30/30(c) | 1,000 | 858,938 | ||||||
4.88%, 09/23/32(c) | 1,350 | 1,130,878 | ||||||
5.30%, 01/21/41(c) | 700 | 544,819 | ||||||
5.50%, 01/27/25(c) | 525 | 523,130 | ||||||
5.50%, 02/22/29 (Call 12/22/28)(c) | 850 | 786,675 | ||||||
5.88%, 01/30/60(c) | 1,500 | 1,135,125 | ||||||
5.95%, 01/25/27(c) | 850 | 833,956 | ||||||
6.00%, 07/19/28(c) | 600 | 577,425 | ||||||
6.00%, 02/22/33 (Call 11/22/32)(c) | 1,000 | 904,250 | ||||||
6.40%, 06/05/49(c) | 600 | 491,175 | ||||||
6.50%, 02/15/48(c) | 450 | 373,725 | ||||||
6.85%, 01/27/45(c) | 900 | 790,481 | ||||||
6.88%, 01/29/26(c) | 700 | 722,006 | ||||||
7.45%, 04/30/44(c) | 750 | 703,500 | ||||||
10,376,083 | ||||||||
Ecuador — 1.2% | ||||||||
Ecuador Government International Bond | ||||||||
0.00%, 07/31/30(c)(h) | 467 | 196,852 | ||||||
1.50%, 07/31/40(c)(j) | 1,601 | 661,252 | ||||||
2.50%, 07/31/35(c)(j) | 3,952 | 1,790,500 | ||||||
5.50%, 07/31/30(c)(j) | 1,750 | 1,032,581 | ||||||
3,681,185 | ||||||||
Egypt — 2.3% | ||||||||
Egypt Government International Bond | ||||||||
5.75%, 05/29/24(c) | 600 | 510,000 | ||||||
5.80%, 09/30/27(c) | 600 | 403,500 | ||||||
5.88%, 06/11/25(c) | 600 | 477,000 | ||||||
5.88%, 02/16/31(c) | 800 | 494,000 | ||||||
6.59%, 02/21/28(c) | 600 | 415,500 | ||||||
7.05%, 01/15/32(c) | 400 | 252,000 | ||||||
7.30%, 09/30/33(c) | 600 | 375,000 | ||||||
7.50%, 01/31/27(c) | 1,000 | 730,000 | ||||||
7.50%, 02/16/61(c) | 600 | 336,000 | ||||||
7.60%, 03/01/29(c) | 800 | 554,000 | ||||||
7.63%, 05/29/32(c) | 800 | 504,000 | ||||||
7.90%, 02/21/48(c) | 600 | 337,500 | ||||||
8.50%, 01/31/47(c) | 1,300 | 754,000 | ||||||
8.70%, 03/01/49(c) | 600 | 349,500 | ||||||
8.88%, 05/29/50(c) | 1,000 | 592,500 | ||||||
7,084,500 | ||||||||
El Salvador — 0.2% | ||||||||
El Salvador Government International Bond 7.12%, 01/20/50 (Call 07/20/49)(c) | 550 | 177,822 |
7
Schedule of Investments (unaudited) (continued) | iShares® J.P. Morgan EM High Yield Bond ETF |
July 31, 2022 | (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
El Salvador (continued) | ||||||||
7.65%, 06/15/35(c) | $ | 450 | $ | 144,928 | ||||
9.50%, 07/15/52 (Call 01/15/52)(c) | 400 | 136,700 | ||||||
459,450 | ||||||||
Ethiopia — 0.1% | ||||||||
Ethiopia International Bond, 6.63%, 12/11/24(c) | 400 | 204,000 | ||||||
Gabon — 0.1% | ||||||||
Gabon Government International Bond, 6.63%, 02/06/31(c) | 400 | 283,700 | ||||||
Ghana — 0.8% | ||||||||
Ghana Government International Bond | ||||||||
6.38%, 02/11/27(c) | 600 | 308,250 | ||||||
7.63%, 05/16/29(c) | 500 | 234,375 | ||||||
7.75%, 04/07/29(c) | 600 | 281,363 | ||||||
7.88%, 02/11/35(c) | 400 | 175,200 | ||||||
8.13%, 01/18/26(c) | 470 | 312,197 | ||||||
8.13%, 03/26/32(c) | 500 | 223,750 | ||||||
8.63%, 04/07/34(c) | 400 | 175,700 | ||||||
8.63%, 06/16/49(c) | 600 | 259,800 | ||||||
8.95%, 03/26/51(c) | 500 | 217,125 | ||||||
10.75%, 10/14/30(c) | 400 | 321,000 | ||||||
2,508,760 | ||||||||
Guatemala — 0.2% | ||||||||
Guatemala Government Bond, 6.13%, 06/01/50(Call 12/01/49)(c) | 700 | 665,131 | ||||||
Iraq — 0.2% | ||||||||
Iraq International Bond, 5.80%, 01/15/28(Call 09/12/22)(c) | 859 | 742,178 | ||||||
Ivory Coast — 0.2% | ||||||||
Ivory Coast Government International Bond, 6.13%, 06/15/33(c) | 600 | 486,675 | ||||||
Jamaica — 0.7% | ||||||||
Jamaica Government International Bond | ||||||||
6.75%, 04/28/28 | 600 | 627,863 | ||||||
7.88%, 07/28/45 | 900 | 991,012 | ||||||
8.00%, 03/15/39 | 600 | 672,863 | ||||||
2,291,738 | ||||||||
Jordan — 0.5% | ||||||||
Jordan Government International Bond | ||||||||
5.75%, 01/31/27(c) | 400 | 364,200 | ||||||
5.85%, 07/07/30(c) | 700 | 593,381 | ||||||
6.13%, 01/29/26(c) | 400 | 380,700 | ||||||
7.38%, 10/10/47(c) | 400 | 317,700 | ||||||
1,655,981 | ||||||||
Kenya — 0.7% | ||||||||
Republic of Kenya Government International Bond | ||||||||
6.30%, 01/23/34(c) | 400 | 247,000 | ||||||
6.88%, 06/24/24(c) | 800 | 692,000 | ||||||
7.25%, 02/28/28(c) | 400 | 288,500 | ||||||
8.00%, 05/22/32(c) | 600 | 422,250 | ||||||
8.25%, 02/28/48(c) | 600 | 376,500 | ||||||
2,026,250 | ||||||||
Lebanon — 0.1% | ||||||||
Lebanon Government International Bond | ||||||||
6.00%, (a)(b)(c) | 500 | 32,125 | ||||||
6.10%, (a)(b)(c) | 730 | 46,903 | ||||||
6.60%, (a)(b)(c) | 760 | 49,542 | ||||||
6.65%, (a)(b)(c) | 660 | 40,755 |
Security | Par (000) | Value | ||||||
Lebanon (continued) | ||||||||
6.75%, (a)(b)(c) | $ | 470 | $ | 30,638 | ||||
6.85%, (a)(b)(c) | 590 | 36,433 | ||||||
7.00%, (a)(b)(c) | 475 | 30,964 | ||||||
267,360 | ||||||||
Morocco — 0.2% | ||||||||
Morocco Government International Bond | ||||||||
3.00%, 12/15/32(c) | 400 | 317,000 | ||||||
4.00%, 12/15/50(c) | 600 | 403,500 | ||||||
720,500 | ||||||||
Nigeria — 1.6% | ||||||||
Nigeria Government International Bond | ||||||||
6.13%, 09/28/28(c) | 800 | 572,900 | ||||||
6.50%, 11/28/27(c) | 600 | 454,500 | ||||||
7.14%, 02/23/30(c) | 514 | 368,152 | ||||||
7.38%, 09/28/33(c) | 800 | 530,900 | ||||||
7.63%, 11/21/25(c) | 500 | 442,500 | ||||||
7.63%, 11/28/47(c) | 600 | 376,500 | ||||||
7.70%, 02/23/38(c) | 600 | 382,500 | ||||||
7.88%, 02/16/32(c) | 800 | 560,000 | ||||||
8.25%, 09/28/51(c) | 600 | 381,750 | ||||||
8.38%, 03/24/29(c) | 600 | 464,250 | ||||||
8.70%, 01/21/31(c) | 400 | 301,500 | ||||||
4,835,452 | ||||||||
Oman — 3.7% | ||||||||
Oman Government International Bond | ||||||||
4.75%, 06/15/26(c) | 1,000 | 976,250 | ||||||
4.88%, 02/01/25(c) | 400 | 397,000 | ||||||
5.38%, 03/08/27(c) | 1,000 | 986,250 | ||||||
5.63%, 01/17/28(c) | 1,200 | 1,195,500 | ||||||
6.00%, 08/01/29(c) | 1,000 | 995,000 | ||||||
6.25%, 01/25/31(c) | 800 | 796,000 | ||||||
6.50%, 03/08/47(c) | 1,000 | 867,500 | ||||||
6.75%, 10/28/27(c) | 600 | 624,000 | ||||||
6.75%, 01/17/48(c) | 1,200 | 1,068,000 | ||||||
7.00%, 01/25/51(c) | 400 | 362,000 | ||||||
7.38%, 10/28/32(c) | 600 | 636,750 | ||||||
Oman Sovereign Sukuk Co. | ||||||||
4.40%, 06/01/24(c) | 1,000 | 985,000 | ||||||
4.88%, 06/15/30(c) | 800 | 778,000 | ||||||
5.93%, 10/31/25(c) | 800 | 816,000 | ||||||
11,483,250 | ||||||||
Pakistan — 0.5% | ||||||||
Pakistan Global Sukuk Programme Co. Ltd. (The), 7.95%, 01/31/29(c) | 600 | 429,675 | ||||||
Pakistan Government International Bond | ||||||||
6.00%, 04/08/26(c) | 600 | 315,066 | ||||||
6.88%, 12/05/27(c) | 750 | 385,219 | ||||||
7.38%, 04/08/31(c) | 600 | 296,316 | ||||||
8.25%, 04/15/24(c) | 270 | 156,144 | ||||||
1,582,420 | ||||||||
Paraguay — 0.4% | ||||||||
Paraguay Government International Bond | ||||||||
4.95%, 04/28/31 (Call 01/28/31)(c) | 400 | 395,200 | ||||||
5.40%, 03/30/50 (Call 09/30/49)(c) | 600 | 527,738 | ||||||
6.10%, 08/11/44(c) | 400 | 385,200 | ||||||
1,308,138 |
8
Schedule of Investments (unaudited) (continued) | iShares® J.P. Morgan EM High Yield Bond ETF |
July 31, 2022 | (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Senegal — 0.2% | ||||||||
Senegal Government International Bond | ||||||||
6.25%, 05/23/33(c) | $ | 300 | $ | 238,650 | ||||
6.75%, 03/13/48(c) | 600 | 424,425 | ||||||
663,075 | ||||||||
Serbia — 0.1% | ||||||||
Serbia International Bond, 2.13%, 12/01/30(c) | 535 | 393,827 | ||||||
South Africa — 2.8% | ||||||||
Republic of South Africa Government International Bond | ||||||||
4.30%, 10/12/28(d) | 1,000 | 915,500 | ||||||
4.67%, 01/17/24 | 800 | 799,650 | ||||||
4.85%, 09/27/27(d) | 400 | 387,825 | ||||||
4.85%, 09/30/29 | 900 | 824,794 | ||||||
4.88%, 04/14/26 | 604 | 592,033 | ||||||
5.00%, 10/12/46 | 600 | 426,113 | ||||||
5.38%, 07/24/44 | 500 | 376,500 | ||||||
5.65%, 09/27/47 | 800 | 610,900 | ||||||
5.75%, 09/30/49 | 1,350 | 1,031,062 | ||||||
5.88%, 09/16/25(d) | 986 | 1,006,213 | ||||||
5.88%, 06/22/30(d) | 600 | 582,487 | ||||||
5.88%, 04/20/32 | 600 | 555,750 | ||||||
7.30%, 04/20/52 | 700 | 614,250 | ||||||
8,723,077 | ||||||||
Sri Lanka — 0.4% | ||||||||
Sri Lanka Government International Bond | ||||||||
6.20%, 05/11/27(a)(b)(c) | 700 | 206,194 | ||||||
6.75%, 04/18/28(a)(b)(c) | 700 | 206,194 | ||||||
6.83%, 07/18/26(a)(b)(c) | 600 | 181,613 | ||||||
6.85%, 03/14/24(a)(b)(c) | 400 | 118,450 | ||||||
6.85%, 11/03/25(a)(b)(c) | 700 | 210,131 | ||||||
7.55%, 03/28/30(a)(b)(c) | 400 | 117,450 | ||||||
7.85%, 03/14/29(a)(b)(c) | 700 | 205,537 | ||||||
1,245,569 | ||||||||
Trinidad And Tobago — 0.1% | ||||||||
Trinidad & Tobago Government International Bond, 4.50%, 08/04/26(c) | 400 | 385,325 | ||||||
Tunisia — 0.1% | ||||||||
Tunisian Republic, 5.75%, 01/30/25(c) | 400 | 215,200 | ||||||
Turkey — 8.9% | ||||||||
Hazine Mustesarligi Varlik Kiralama AS | ||||||||
4.49%, 11/25/24(c) | 400 | 372,200 | ||||||
5.13%, 06/22/26(c) | 1,200 | 1,084,725 | ||||||
7.25%, 02/24/27(c) | 1,500 | 1,439,812 | ||||||
Turkey Government International Bond | ||||||||
4.25%, 03/13/25 | 1,000 | 865,500 | ||||||
4.25%, 04/14/26(d) | 700 | 573,038 | ||||||
4.75%, 01/26/26 | 800 | 672,000 | ||||||
4.88%, 10/09/26 | 1,500 | 1,227,000 | ||||||
4.88%, 04/16/43 | 1,370 | 815,407 | ||||||
5.13%, 02/17/28 | 1,000 | 778,000 | ||||||
5.25%, 03/13/30 | 1,000 | 720,188 | ||||||
5.60%, 11/14/24(d) | 1,100 | 1,001,206 | ||||||
5.75%, 03/22/24 | 1,250 | 1,174,453 | ||||||
5.75%, 05/11/47 | 1,600 | 995,800 | ||||||
5.88%, 06/26/31 | 900 | 651,544 | ||||||
5.95%, 01/15/31 | 1,000 | 737,687 | ||||||
6.00%, 03/25/27 | 1,500 | 1,255,594 | ||||||
6.00%, 01/14/41 | 1,300 | 826,150 |
Security | Par/ Shares (000) | Value | ||||||
Turkey (continued) | ||||||||
6.13%, 10/24/28 | $ | 1,300 | $ | 1,037,400 | ||||
6.35%, 08/10/24 | 1,050 | 982,603 | ||||||
6.38%, 10/14/25 | 1,200 | 1,077,225 | ||||||
6.50%, 09/20/33(d) | 700 | 507,413 | ||||||
6.63%, 02/17/45 | 1,400 | 950,950 | ||||||
6.75%, 05/30/40 | 950 | 672,303 | ||||||
6.88%, 03/17/36 | 1,300 | 965,087 | ||||||
7.25%, 12/23/23 | 800 | 794,650 | ||||||
7.25%, 03/05/38 | 550 | 426,697 | ||||||
7.38%, 02/05/25 | 1,570 | 1,477,566 | ||||||
7.63%, 04/26/29 | 1,400 | 1,191,575 | ||||||
8.00%, 02/14/34(d) | 750 | 644,438 | ||||||
8.60%, 09/24/27 | 800 | 745,000 | ||||||
11.88%, 01/15/30 | 700 | 743,662 | ||||||
Turkiye Vakiflar Bankasi TAO, 5.50%, 10/01/26(c) | 200 | 159,100 | ||||||
27,565,973 | ||||||||
Ukraine — 0.5% | ||||||||
Ukraine Government International Bond | ||||||||
6.88%, 05/21/29(c) | 800 | 154,800 | ||||||
7.25%, 03/15/33(c) | 1,200 | 226,200 | ||||||
7.38%, 09/25/32(c) | 1,400 | 263,900 | ||||||
7.75%, 09/01/23(c) | 725 | 159,500 | ||||||
7.75%, 09/01/24(c) | 600 | 114,000 | ||||||
7.75%, 09/01/25(c) | 675 | 121,500 | ||||||
7.75%, 09/01/26(c) | 600 | 108,000 | ||||||
7.75%, 09/01/27(c) | 650 | 117,000 | ||||||
9.75%, 11/01/28(c) | 800 | 158,000 | ||||||
1,422,900 | ||||||||
United Arab Emirates — 0.9% | ||||||||
Emirate of Dubai Government International Bonds | ||||||||
3.90%, 09/09/50(c) | 600 | 435,488 | ||||||
5.25%, 01/30/43(c) | 400 | 370,825 | ||||||
Finance Department Government of Sharjah, 4.00%, 07/28/50(c) | 500 | 325,000 | ||||||
Sharjah Sukuk Program Ltd. | ||||||||
2.94%, 06/10/27(c) | 400 | 364,825 | ||||||
3.23%, 10/23/29(c) | 500 | 441,187 | ||||||
3.85%, 04/03/26(c) | 400 | 386,575 | ||||||
4.23%, 03/14/28(c) | 600 | 570,862 | ||||||
2,894,762 | ||||||||
Vietnam — 0.2% | ||||||||
Vietnam Government International Bond, 4.80%, 11/19/24(c) | 600 | 597,863 | ||||||
Zambia — 0.2% | ||||||||
Zambia Government International Bond | ||||||||
8.50%, 04/14/24(a)(b)(c) | 400 | 231,000 | ||||||
8.97%, 07/30/27(a)(b)(c) | 600 | 341,925 | ||||||
572,925 | ||||||||
Total Foreign Government Obligations — 46.9% | ||||||||
(Cost: $199,636,324) | 145,336,616 | |||||||
Total Long-Term Investments — 97.1% | ||||||||
(Cost: $382,283,639) | 300,686,164 |
Short-Term Securities | ||||||||
Money Market Funds — 13.1% | ||||||||
BlackRock Cash Funds: Institutional, SL Agency Shares, 1.93%(k)(l)(m) | 37,034 | 37,030,233 |
9
Schedule of Investments (unaudited) (continued) | iShares® J.P. Morgan EM High Yield Bond ETF |
July 31, 2022 | (Percentages shown are based on Net Assets) |
Security | Shares (000) | Value | ||||||
Money Market Funds (continued) | ||||||||
BlackRock Cash Funds: Treasury, SL Agency Shares, 1.81%(k)(l) | 3,509 | $ | 3,509,000 | |||||
Total Short-Term Securities — 13.1% | ||||||||
(Cost: $40,534,573) | 40,539,233 | |||||||
Total Investments in Securities — 110.2% | ||||||||
(Cost: $422,818,212) | 341,225,397 | |||||||
Liabilities in Excess of Other Assets — (10.2)% | (31,634,929 | ) | ||||||
Net Assets — 100.0% | $ | 309,590,468 |
(a) | Issuer filed for bankruptcy and/or is in default. |
(b) | Non-income producing security. |
(c) | This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933. |
(d) | All or a portion of this security is on loan. |
(e) | 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. |
(f) | Perpetual security with no stated maturity date. |
(g) | Payment-in-kind security which may pay interest/dividends in additional par/shares and/or in cash. Rates shown are the current rate and possible payment rates. |
(h) | Zero-coupon bond. |
(i) | 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. |
(j) | 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. |
(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. |
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the period ended July 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 Sale | Net Realized Gain (Loss) | Change in Unrealized Appreciation (Depreciation) | Value at 07/31/22 | Shares Held at 07/31/22 (000) | Income | Capital Gain Distributions from Underlying Funds | ||||||||||||||||||||||||||
BlackRock Cash Funds: Institutional, SL Agency Shares | $ | 33,402,228 | $ | 3,645,940 | (a) | $ | — | $ | (22,594 | ) | $ | 4,659 | $ | 37,030,233 | 37,034 | $ | 135,850 | (b) | $ | — | |||||||||||||||
BlackRock Cash Funds: Treasury, SL Agency Shares | 2,999,000 | 510,000 | (a) | — | — | — | 3,509,000 | 3,509 | 9,320 | — | |||||||||||||||||||||||||
$ | (22,594 | ) | $ | 4,659 | $ | 40,539,233 | $ | 145,170 | $ | — |
(a) | Represents net amount purchased (sold). |
(b) | All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities. |
Fair Value Hierarchy as of Period End
Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:
● | Level 1 – Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that each Fund has the ability to access; |
● | Level 2 – Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs); and |
● | Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the 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
10
Schedule of Investments (unaudited) (continued) | iShares® J.P. Morgan EM High Yield Bond ETF |
July 31, 2022 |
Fair Value Hierarchy as of Period End (continued)
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 | $ | — | $ | 155,349,548 | $ | — | $ | 155,349,548 | ||||||||
Foreign Government Obligations | — | 145,336,616 | — | 145,336,616 | ||||||||||||
Money Market Funds | 40,539,233 | — | — | 40,539,233 | ||||||||||||
$ | 40,539,233 | $ | 300,686,164 | $ | — | $ | 341,225,397 |
Portfolio Abbreviations - Fixed Income
PIK | Payment-in-kind |
PJSC | Public Joint Stock Company |
11