Schedule of Investments (unaudited)	iShares® J.P. Morgan EM Corporate Bond ETF
July 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Corporate Bonds & Notes
Argentina — 1.0%
MSU Energy SA/UGEN SA/UENSA SA, 6.88%, 02/01/25 (Call 08/30/23)(a)(b)	$	650	$	473,298
Pampa Energia SA, 7.50%, 01/24/27 (Call 08/30/23)(a)		600		572,760
Transportadora de Gas del Sur SA, 6.75%, 05/02/25(a)		450		426,501
YPF SA
6.95%, 07/21/27(a)		750		629,850
7.00%, 12/15/47 (Call 06/15/47)(a)		450		314,606
8.50%, 07/28/25(a)		1,125		1,056,375
YPF Sociedad Anonima
7.00%, 09/30/33		575		446,068
9.00%, 02/12/26		660		653,941
				4,573,399
Australia — 0.2%
Anglo American Capital PLC, 2.88%, 03/17/31
(Call 12/17/30)(a)		400		329,044
ICBCIL Finance Co. Ltd., 1.75%, 08/02/26(a)		200		179,320
Pioneer Reward Ltd., 2.00%, 04/09/26(a)		200		182,418
Yunda Holding Investment Co., 2.25%, 08/19/25(a)		200		179,972
				870,754
Azerbaijan — 0.1%
International Bank of Azerbaijan OJSC, 3.50%,
09/01/24(a)		700		660,121
Bahrain — 0.3%
AUB Sukuk Ltd., 2.62%, 09/09/26(a)		800		725,440
GFH Sukuk Ltd., 7.50%, 01/28/25(a)		400		395,624
				1,121,064
Brazil — 5.4%
Acu Petroleo Luxembourg Sarl, 7.50%, 07/13/35
(Call 01/13/27)(a)		245		218,452
Adecoagro SA, 6.00%, 09/21/27.		150		142,332
Aegea Finance Sarl, 6.75%, 05/20/29 (Call 05/20/25)(a)		200		188,072
Altice Financing SA, 5.00%, 01/15/28 (Call 08/30/23)(a)		1,000		776,200
Amaggi Luxembourg International Sarl, 5.25%, 01/28/28		200		184,925
Atento Luxco 1 SA, 8.00%, 02/10/26.		150		1,796
Azul Secured Finance LLP
10.88%, 05/28/30(c)		200		167,000
11.93%, 08/28/28		200		200,250
B3 SA - Brasil Bolsa Balcao, 4.13%, 09/20/31(a)		200		169,900
Banco Bradesco SA/Cayman Islands, 4.38%,
03/18/27(a)(b)		400		379,596
Banco BTG Pactual SA/Cayman Islands
2.75%, 01/11/26 (Call 12/11/25)(a)		200		182,390
4.50%, 01/10/25 (Call 12/10/24)(a)(b)		200		193,480
7.75%, 02/15/29 (Call 02/15/24),
(5-year CMT + 5.257%)(a)(d)		200		200,086
Banco do Brasil SA, 6.25%, 04/18/30		200		199,175
Banco do Brasil SA/Cayman
3.25%, 09/30/26(a)		400		367,280
4.88%, 01/11/29(a)		400		378,110
6.25%, (Call 04/15/24),
(10-year CMT + 4.398%)(a)(b)(d)(e)		400		366,500
9.00%, (Call 06/18/24),
(10-year CMT + 6.362%)(a)(b)(d)(e)		400		403,940
Banco Votorantim SA, 4.38%, 07/29/25(a)		200		192,092
Braskem Netherlands Finance BV
4.50%, 01/10/28 (Call 10/10/27)(a)		400		364,772
4.50%, 01/31/30(a)		400		340,100

Security	Par (000)		Value
Brazil (continued)
5.88%, 01/31/50(a)	$	200	$	159,000
7.25%, 02/13/33 (Call 11/13/32)(a)		400		392,460
8.50%, 01/23/81 (Call 10/24/25),
(5-year CMT + 8.220%)(a)(d)		200		200,965
BRF SA
4.88%, 01/24/30 (Call 10/24/29)(a)		200		166,160
5.75%, 09/21/50 (Call 03/21/50)(a)		200		140,500
Cemig Geracao e Transmissao SA, 9.25%, 12/05/24
(Call 12/05/23)(a)		200		200,588
Centrais Eletricas Brasileiras SA, 4.63%, 02/04/30(a)		400		346,748
Cosan Luxembourg SA, 7.50%, 06/27/30(c)		200		200,720
Cosan Overseas Ltd., 8.25%, (Call 08/05/23)(a)(e)		100		99,546
Cosan SA, 5.50%, 09/20/29(a)		200		186,004
CSN Inova Ventures, 6.75%, 01/28/28 (Call 01/28/24)(a)		200		189,218
CSN Resources SA
4.63%, 06/10/31 (Call 06/10/26)(a)		200		157,436
5.88%, 04/08/32(a)		400		331,000
Embraer Netherlands Finance BV
5.40%, 02/01/27(b)		330		323,463
7.00%, 07/28/30 (Call 04/28/30)(c)		200		202,098
Fibria Overseas Finance Ltd., 5.50%, 01/17/27(b)		300		299,175
FS Luxembourg Sarl, 10.00%, 12/15/25		200		205,636
Globo Comunicacao e Participacoes SA, 4.88%,
01/22/30(a)		200		167,154
Guara Norte Sarl, 5.20%, 06/15/34		177		157,509
GUSAP III LP, 4.25%, 01/21/30 (Call 07/21/29)(a)		200		184,658
Itau Unibanco Holding SA/Cayman Island
3.25%, 01/24/25(a)		200		191,540
3.88%, 04/15/31 (Call 04/15/26),
(5-year CMT + 3.446%)(a)(d)		200		183,296
4.50%, 11/21/29 (Call 11/21/24),
(5-year CMT + 2.822%)(a)(d)		200		192,900
4.63%, (Call 02/27/25), (5-year CMT + 3.222%)(a)(d)(e)		200		159,250
7.72%, (Call 12/12/23), (5-year CMT + 3.981%)(a)(d)(e)		400		387,000
7.86%, , (5-year CMT + 3.863%)(a)(e)		200		195,025
JBS USA LUX SA/JBS USA Food Co./JBS USA Finance Inc.
3.00%, 05/15/32 (Call 02/15/32)(a)		250		194,434
5.75%, 04/01/33 (Call 01/01/33)(a)		650		623,242
Klabin Austria GmbH
3.20%, 01/12/31 (Call 10/12/30)(a)		400		322,508
7.00%, 04/03/49 (Call 10/03/48)(a)		200		196,764
MARB BondCo PLC, 3.95%, 01/29/31 (Call 01/29/26)(a)		400		293,800
MC Brazil Downstream Trading SARL, 7.25%, 06/30/31(a)		387		248,809
MercadoLibre Inc., 3.13%, 01/14/31 (Call 10/14/30)		400		319,048
Minerva Luxembourg SA, 4.38%, 03/18/31		400		324,470
Natura &Co. Luxembourg Holdings Sarl, 6.00%, 04/19/29 (Call 02/19/29)(a)		200		188,700
Natura Cosmeticos SA, 4.13%, 05/03/28 (Call 03/03/28)(a)		400		350,700
NBM U.S. Holdings Inc., 7.00%, 05/14/26
(Call 08/30/23)(a)		200		195,500
Nexa Resources SA
5.38%, 05/04/27 (Call 02/04/27)(a)		800		750,304
6.50%, 01/18/28 (Call 10/18/27)(a)		400		387,828
Petrobras Global Finance BV
5.09%, 01/15/30(b)		150		139,824
5.30%, 01/27/25(b)		150		148,273
5.50%, 06/10/51 (Call 12/10/50)		150		118,310
5.60%, 01/03/31 (Call 10/03/30)(b)		300		287,040
6.00%, 01/27/28(b)		295		293,068

1

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
July 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Brazil (continued)
6.50%, 07/03/33	$	400	$	392,500
6.75%, 01/27/41(b)		250		239,835
6.85%, 06/05/2115(b)(e)		500		440,005
6.88%, 01/20/40(b)		248		242,177
6.90%, 03/19/49(b)		250		233,625
7.25%, 03/17/44(b)		250		249,742
7.38%, 01/17/27		150		155,490
Petrorio Luxembourg Trading Sarl, 6.13%, 06/09/26(a)		200		194,096
Raizen Fuels Finance SA, 5.30%, 01/20/27(a)		200		195,632
Rede D'or Finance Sarl
4.50%, 01/22/30 (Call 10/22/29)(a)		200		172,742
4.95%, 01/17/28 (Call 10/17/27)(a)		200		184,328
Rumo Luxembourg Sarl, 5.25%, 01/10/28(a)		200		187,800
Simpar Europe SA, 5.20%, 01/26/31(a)		200		161,275
Suzano Austria GmbH
2.50%, 09/15/28 (Call 07/15/28)		100		85,285
3.13%, 01/15/32 (Call 10/15/31)		300		240,534
3.75%, 01/15/31 (Call 10/15/30)		500		427,525
5.00%, 01/15/30 (Call 10/15/29)		400		376,188
5.75%, 07/14/26(a)		200		199,350
6.00%, 01/15/29 (Call 10/15/28)		200		199,500
7.00%, 03/16/47 (Call 09/16/46)(a)		400		407,008
Unigel Luxembourg SA, 8.75%, 10/01/26
(Call 08/30/23)(a)		200		64,874
Usiminas International Sarl, 5.88%, 07/18/26
(Call 08/30/23)(a)		200		194,700
Vale Overseas Ltd.
3.75%, 07/08/30 (Call 04/08/30)		450		400,084
6.13%, 06/12/33(b)		400		401,960
6.88%, 11/21/36		383		406,219
6.88%, 11/10/39		275		292,359
8.25%, 01/17/34		200		233,298
XP Inc., 3.25%, 07/01/26(a)		200		178,185
				23,774,435
Burkina Faso — 0.1%
Endeavour Mining PLC, 5.00%, 10/14/26(a)		400		362,004
Canada — 0.3%
Bank of Communications Co. Ltd./Hong Kong, 1.20%, 09/10/25(a)		200		183,262
China Development Bank Financial Leasing Co. Ltd.,
2.88%, 09/28/30 (Call 09/28/25),
(5-year CMT + 2.750%)(a)(d)		200		185,632
China Merchants Bank Co. Ltd./Hong Kong, 1.20%, 09/10/25(a)		200		182,644
Emirates NBD Bank PJSC, 2.63%, 02/18/25(a)		200		190,186
Franshion Brilliant Ltd., 4.25%, 07/23/29(a)		200		151,188
Haitong International Finance Holdings 2015 Ltd., 2.11%, 03/12/25(a)		200		187,654
ICBCIL Finance Co. Ltd., 1.75%, 08/25/25(a)		200		184,084
ICICI Bank Ltd./Dubai, 3.80%, 12/14/27(a)		200		187,640
				1,452,290
Cayman Islands — 0.0%
Odebrecht Holdco Finance Ltd., 0.00%, 09/10/58
(Call 08/30/23)(a)(f)		400		1,600
Chile — 3.9%
AES Andes SA., 7.13%, 03/26/79 (Call 07/06/24),
(5-year USD Swap + 4.644%)(a)(d)		400		382,680
Agrosuper SA, 4.60%, 01/20/32 (Call 10/20/31)(a)		400		335,792

Security	Par (000)		Value
Chile (continued)
Alfa Desarrollo SpA, 4.55%, 09/27/51 (Call 03/27/51)(a)	$	995	$	754,890
Antofagasta PLC
2.38%, 10/14/30(a)		200		162,348
5.63%, 05/13/32(a)		600		594,828
Banco de Chile, 2.99%, 12/09/31(a)		400		338,052
Banco de Credito e Inversiones SA
2.88%, 10/14/31 (Call 07/14/31)(a)(b)		600		495,975
3.50%, 10/12/27(a)(b)		400		367,280
Banco Santander Chile
2.70%, 01/10/25 (Call 12/10/24)(a)(b)		650		620,263
3.18%, 10/26/31 (Call 07/28/31)(a)(b)		400		342,916
Celulosa Arauco y Constitucion SA
4.20%, 01/29/30 (Call 10/29/29)(a)		600		545,622
4.25%, 04/30/29 (Call 01/30/29)(a)		600		549,366
5.15%, 01/29/50 (Call 07/29/49)(a)		400		338,712
5.50%, 04/30/49 (Call 10/30/48)(a)		400		348,276
Cencosud SA
4.38%, 07/17/27 (Call 04/17/27)(a)		800		760,000
5.15%, 02/12/25 (Call 11/12/24)(a)		600		588,960
Cia. Cervecerias Unidas SA, 3.35%, 01/19/32
(Call 10/19/31)(a)		550		466,469
Colbun SA
3.15%, 03/06/30 (Call 12/06/29)(a)		400		346,480
3.15%, 01/19/32 (Call 10/19/31)(a)		400		339,248
3.95%, 10/11/27 (Call 07/11/27)(a)		600		565,854
Empresa Nacional de Telecomunicaciones SA
3.05%, 09/14/32 (Call 06/14/32)(a)		650		517,888
4.75%, 08/01/26 (Call 05/03/26)(a)		400		387,936
Enel Americas SA, 4.00%, 10/25/26 (Call 07/25/26)(b)		462		442,189
Enel Chile SA, 4.88%, 06/12/28 (Call 03/12/28)		900		863,550
Engie Energia Chile SA, 3.40%, 01/28/30
(Call 10/28/29)(a)		400		332,876
Falabella SA, 3.38%, 01/15/32 (Call 10/15/31)(a)		600		476,664
GNL Quintero SA, 4.63%, 07/31/29(a)		565		545,461
Interchile SA, 4.50%, 06/30/56 (Call 12/30/55)(a)		1,100		913,467
Inversiones CMPC SA
3.00%, 04/06/31 (Call 01/06/31)(a)		600		495,618
3.85%, 01/13/30 (Call 10/13/29)(a)		400		357,992
4.38%, 04/04/27(a)		400		383,156
4.75%, 09/15/24 (Call 06/15/24)(a)		400		392,668
6.13%, 06/23/33 (Call 03/23/33)(c)		400		405,744
Latam Airlines Group SA, 13.38%, 10/15/29 (Call 10/15/25)(a)		600		652,875
Sociedad Quimica y Minera de Chile SA, 3.50%, 09/10/51
(Call 03/10/51)(a)		600		417,924
Telefonica Moviles Chile SA, 3.54%, 11/18/31(a)		450		352,125
				17,182,144
China — 8.6%
Abu Dhabi National Energy Co. PJSC, 4.00%, 10/03/49(a)		200		167,634
Agile Group Holdings Ltd., 13.48%, (Call 08/30/23),
(5-year CMT + 9.216%)(a)(e)		200		19,412
Agricultural Bank of China Ltd./Hong Kong, 2.00%,
03/01/25(a)		200		189,526
AIA Group Ltd.
2.70%, (Call 04/07/26), (5-year CMT + 1.758%)(a)(d)(e)		200		176,554
3.20%, 09/16/40 (Call 03/16/40)(a)(b)		800		594,096
Alibaba Group Holding Ltd.
2.13%, 02/09/31 (Call 11/09/30)(b)		400		324,952
2.70%, 02/09/41 (Call 08/09/40)(b)		400		266,240
3.15%, 02/09/51 (Call 08/09/50)		200		126,618

2

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
July 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
China (continued)
3.25%, 02/09/61 (Call 08/09/60)	$	200	$	121,274
3.40%, 12/06/27 (Call 09/06/27)		500		465,975
3.60%, 11/28/24 (Call 08/28/24)		200		194,437
4.00%, 12/06/37 (Call 06/06/37)		400		332,976
4.20%, 12/06/47 (Call 06/06/47)		200		155,368
4.50%, 11/28/34 (Call 05/28/34)		200		182,822
Amipeace Ltd.
1.75%, 11/09/26(a)		400		358,004
2.50%, 12/05/24(a)		200		192,140
Baidu Inc.
2.38%, 08/23/31 (Call 05/23/31)(b)		200		161,078
3.08%, 04/07/25 (Call 03/07/25)(b)		400		382,624
4.13%, 06/30/25		200		193,764
Bank of China Ltd.
5.00%, 11/13/24(a)(b)		400		394,516
6.11%, 04/28/25, (1-day SOFR + 0.780%)(a)(d)		200		200,530
Bank of China Ltd./Hong Kong, 3.88%, 06/30/25(a)		400		388,312
Bank of China Ltd./Luxembourg, 1.40%, 04/28/26(a)		400		360,952
Bank of Communications Co. Ltd., 3.80%, (Call 11/18/25), (5-year CMT + 3.345%)(a)(d)(e)		600		576,000
Beijing Gas Singapore Capital Corp., 1.88%, 01/18/25(a)		200		189,002
BOC Aviation USA Corp., 4.88%, 05/03/33
(Call 02/03/33)(a)(b)		400		387,852
CCBL Cayman 1 Corp. Ltd., 1.80%, 07/22/26(a)		200		179,892
CCCI Treasure Ltd., 3.43%, (Call 11/21/24),
(5-year CMT + 4.998%)(a)(d)(e)		200		191,920
CDBL Funding 2, 2.00%, 03/04/26(a)		200		183,274
Central Plaza Development Ltd., 4.65%, 01/19/26
(Call 10/19/25)(a)		200		162,346
Chalco Hong Kong Investment Co. Ltd., 2.10%, 07/28/26 (Call 06/28/26)(a)		200		180,842
China Cinda 2020 I Management Ltd.
2.50%, 03/18/25 (Call 02/18/25)(a)		200		188,296
3.00%, 01/20/31 (Call 10/20/30)(a)		200		164,522
China Cinda 2020 I Mngmn Co., 3.25%, 01/28/27
(Call 10/28/26)(a)		200		183,926
China Cinda Finance 2015 I Ltd., 4.25%, 04/23/25(a)		400		385,872
China Cinda Finance 2017 I Ltd.
4.75%, 02/08/28(a)		200		191,482
4.75%, 02/21/29(a)		200		188,792
China Construction Bank Corp.
2.45%, 06/24/30 (Call 06/24/25),
(5-year CMT + 2.150%)(a)(d)		400		376,556
2.85%, 01/21/32 (Call 01/21/27),
(5-year CMT + 1.400%)(a)(d)		400		371,856
4.25%, 02/27/29 (Call 02/27/24),
(5-year CMT + 1.880%)(a)(d)		400		396,016
5.72%, 12/21/24, (1-day SOFR + 0.500%)(a)(d)		200		199,354
China Construction Bank Corp./Hong Kong, 1.25%,
08/04/25(a)		200		184,038
China Construction Bank Corp./London, 3.13%,
05/17/25(a)		200		191,958
China Great Wall International Holdings III Ltd., 3.88%,
08/31/27(a)		200		176,856
China Mengniu Dairy Co. Ltd., 1.88%, 06/17/25
(Call 05/17/25)(a)		200		185,576
China Overseas Finance Cayman VI Ltd., 6.45%,
06/11/34(a)		200		205,924
China Overseas Finance Cayman VIII Ltd., 2.75%,
03/02/30(a)		200		170,168

Security	Par (000)		Value
China (continued)
China Railway Xunjie Co. Ltd., 4.00%, 07/06/27(a)	$	400	$	385,804
China Resources Land Ltd., 3.75%, (Call 12/09/24),
(5-year CMT + 5.139%)(a)(d)(e)		400		383,636
China State Construction Finance Cayman I Ltd., 3.40%, (Call 06/08/26), (5-year CMT + 5.581%)(a)(d)(e)		200		186,196
China Taiping Insurance Holdings Co. Ltd., 6.40%, (e)		400		414,000
CICC Hong Kong Finance 2016 MTN Ltd., 5.49%,
03/01/26		200		199,830
CICC Hong Kong Finance MTN Ltd., 5.42%, 11/22/25(a)		400		397,140
CITIC Ltd.
2.85%, 02/25/30(a)		200		174,338
2.88%, 02/17/27 (Call 01/17/27)(a)		400		371,168
3.88%, 02/28/27(a)		200		191,564
CK Hutchison International 19 II Ltd., 2.75%, 09/06/29
(Call 06/06/29)(a)		200		175,774
CMB International Leasing Management Ltd., 1.88%,
08/12/25(a)		400		369,112
CMHI Finance BVI Co. Ltd.
3.50%, (Call 10/09/23), (3-year CMT + 6.354%)(a)(d)(e)		200		198,960
4.00%, 06/01/27 (Call 05/01/27)(a)		200		192,288
CMS International Gemstone Ltd., 1.30%, 09/16/24(a)		200		189,410
CNOOC Finance 2013 Ltd.
2.88%, 09/30/29 (Call 06/30/29)		200		178,796
3.30%, 09/30/49 (Call 03/30/49)		200		143,036
CNOOC Finance 2015 USA LLC
3.50%, 05/05/25		400		385,820
4.38%, 05/02/28(b)		400		390,400
CNOOC Petroleum North America ULC
5.88%, 03/10/35		200		208,796
6.40%, 05/15/37		400		437,964
7.50%, 07/30/39		150		181,276
CNPC HK Overseas Capital Ltd., 5.95%, 04/28/41(a)		200		216,716
Contemporary Ruiding Development Ltd., 1.50%,
09/09/26(a)		200		176,022
COSL Singapore Capital Ltd., 4.50%, 07/30/25(a)		200		195,140
Country Garden Holdings Co. Ltd.
3.13%, 10/22/25 (Call 09/22/25)(a)		200		39,000
3.30%, 01/12/31 (Call 10/12/30)(a)		200		27,960
4.20%, 02/06/26 (Call 02/06/24)(a)		200		36,420
5.13%, 01/17/25 (Call 08/30/23)(a)		200		43,350
5.40%, 05/27/25 (Call 08/30/23)(a)		200		40,875
7.25%, 04/08/26 (Call 08/30/23)(a)		400		69,000
Easy Tactic Ltd.
7.50%, 07/11/25 (Call 08/30/23), (7.50% PIK)(g)		317		23,949
7.50%, 07/11/27 (Call 08/30/23), (7.50% PIK)(g)		371		25,036
7.50%, 07/11/28 (Call 08/30/23), (7.50% PIK)(g)		161		9,688
Emirates NBD Bank PJSC, 6.13%, (Call 04/09/26)(a)(d)(e)		400		396,692
ENN Clean Energy International Investment Ltd., 3.38%,05/12/26 (Call 05/12/24)(a)		200		184,458
ENN Energy Holdings Ltd., 2.63%, 09/17/30(a)		200		166,252
Fortune Star BVI Ltd., 5.95%, 10/19/25 (Call 10/19/23)(a)		400		336,896
Franshion Brilliant Ltd., 6.00%, (Call 02/08/26),
(5-year CMT + 5.584%)(a)(d)(e)		200		177,498
Fuqing Investment management Co., 3.25%, 06/23/25(a)		200		167,984
Galaxy Pipeline Assets Bidco Ltd., 2.16%, 03/31/34(a)		710		603,207
Horse Gallop Finance Ltd., 1.70%, 07/28/25(a)		200		184,076
Huarong Finance 2017 Co. Ltd.
4.25%, 11/07/27(a)		400		339,588
4.75%, 04/27/27(a)		200		174,802

3

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
July 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
China (continued)
Huarong Finance 2019 Co. Ltd.
3.38%, 02/24/30 (Call 11/28/29)(a)	$	200	$	155,474
4.50%, 05/29/29(a)		400		324,716
Huarong Finance II Co. Ltd., 5.50%, 01/16/25(a)		200		192,144
ICBCIL Finance Co. Ltd.
1.63%, 11/02/24(a)		200		189,788
2.70%, 01/27/27(a)		200		184,158
Indonesia Government International Bond, 3.54%,
11/08/27		250		237,027
Industrial & Commercial Bank of China Ltd.
3.20%, (Call 09/24/26), (5-year CMT + 2.368%)(a)(d)(e)		1,200		1,118,556
4.50%, 01/19/26(a)		400		392,844
6.23%, 01/19/26(d)		200		201,466
Industrial & Commercial Bank of China Ltd./Hong Kong
1.63%, 10/28/26(a)		200		178,490
2.95%, 06/01/25(a)		200		191,214
Industrial & Commercial Bank of China Ltd./Singapore
1.00%, 10/28/24(a)		200		189,002
1.20%, 09/09/25(a)		200		182,892
Industrial & Commercial Bank of China Macau Ltd., 2.88%, 09/12/29 (Call 09/12/24), (5-year CMT + 1.650%)(a)(d)		200		193,208
Industrial Bank Co. Ltd./Hong Kong, 3.25%, 05/18/25(a)		200		192,650
JD.com Inc., 3.88%, 04/29/26		200		190,966
Lenovo Group Ltd.
3.42%, 11/02/30 (Call 08/02/30)(a)		200		168,932
5.83%, 01/27/28 (Call 12/27/27)(a)		200		199,020
6.54%, 07/27/32 (Call 04/27/32)(a)		200		203,620
Leviathan Bond Ltd.
6.13%, 06/30/25 (Call 03/30/25)(a)(c)		520		509,746
6.75%, 06/30/30 (Call 12/30/29)(a)(c)		425		398,068
Longfor Group Holdings Ltd., 3.95%, 09/16/29(a)		200		143,264
MCC Holding Hong Kong Corp. Ltd., 2.95%,
(Call 04/20/24), (3-year CMT + 5.595%)(a)(d)(e)		200		194,922
Meituan
2.13%, 10/28/25 (Call 09/28/25)(a)		200		183,086
3.05%, 10/28/30 (Call 07/28/30)(a)		200		160,364
Melco Resorts Finance Ltd., 5.25%, 04/26/26
(Call 08/30/23)(a)		600		562,758
NWD MTN Ltd., 4.13%, 07/18/29(a)		200		162,088
Ooredoo International Finance Ltd., 2.63%, 04/08/31(a)		1,400		1,206,996
Pioneer Reward Ltd., 2.38%, 03/03/25(a)		200		189,416
Prosus NV
3.26%, 01/19/27 (Call 12/19/26)(a)		600		541,368
4.19%, 01/19/32 (Call 10/19/31)(a)		800		675,712
4.85%, 07/06/27 (Call 04/06/27)(a)		400		381,184
Prudential Funding Asia PLC, 3.13%, 04/14/30		200		176,484
RKPF Overseas 2020 A Ltd., 5.13%, 07/26/26
(Call 07/26/24)(a)		200		80,880
Saudi Arabian Oil Co., 3.50%, 11/24/70 (Call 05/24/70)(a)		1,000		660,450
Seaspan Corp., 5.50%, 08/01/29 (Call 08/01/24)(a)		200		159,829
SF Holding Investment 2021 Ltd., 3.13%, 11/17/31(a)		200		169,408
SF Holding Investment Ltd., 2.38%, 11/17/26(a)		200		180,432
Shanghai Port Group BVI Development 2 Co. Ltd., 2.38%, 07/13/30 (Call 04/13/30)(a)		200		171,280
Sino-Ocean Land Treasure Finance II Ltd., 5.95%, 02/04/27(a)		200		16,000
Sino-Ocean Land Treasure IV Ltd., 2.70%, 01/13/25 (Call 12/13/24)(a)		200		23,622
State Elite Global Ltd., 6.35%, 10/24/24, (1-day SOFR + 1.032%)(a)(d)		200		200,338

Security	Par (000)		Value
China (continued)
Tencent Holdings Ltd.
1.81%, 01/26/26 (Call 12/26/25)(a)	$	200	$	183,202
2.39%, 06/03/30 (Call 03/03/30)(a)(b)		200		166,270
2.88%, 04/22/31 (Call 01/22/31)(a)(b)		200		168,770
3.24%, 06/03/50 (Call 12/03/49)(a)		200		128,856
3.58%, 04/11/26 (Call 02/11/26)(a)(b)		200		190,568
3.60%, 01/19/28 (Call 10/19/27)(a)(b)		300		278,544
3.68%, 04/22/41 (Call 10/22/40)(a)		400		305,772
3.80%, 02/11/25(a)		200		194,710
3.84%, 04/22/51 (Call 10/22/50)(a)		400		287,256
3.93%, 01/19/38 (Call 07/19/37)(a)		400		326,260
3.94%, 04/22/61 (Call 10/22/60)(a)		200		139,344
3.98%, 04/11/29 (Call 01/11/29)(a)(b)		400		372,308
4.53%, 04/11/49 (Call 10/11/48)(a)(b)		200		163,074
Turkiye Vakiflar Bankasi TAO, 5.25%, 02/05/25(a)		800		760,744
Vigorous Champion International Ltd., 2.75%, 06/02/25(a)		200		187,432
Weibo Corp., 3.38%, 07/08/30 (Call 04/08/30)(b)		400		322,600
West China Cement Ltd., 4.95%, 07/08/26
(Call 07/08/24)(a)		200		150,710
Westwood Group Holdings Ltd., 2.80%, 01/20/26(a)		200		181,880
Xiaomi Best Time International Ltd., 3.38%, 04/29/30
(Call 01/29/30)(a)		200		164,410
Yanlord Land HK Co. Ltd., 5.13%, 05/20/26
(Call 05/20/24)(a)		200		142,000
ZhongAn Online P&C Insurance Co. Ltd., 3.13%, 07/16/25 (Call 04/16/25)(a)		200		177,246
				38,177,859
Colombia — 4.3%
ABRA Global Finance, 11.50%, 03/02/28 (Call 03/02/25)		814		680,042
AI Candelaria Spain SLU, 5.75%, 06/15/33(a)		400		302,930
Avianca Midco 2 Ltd., 9.00%, 12/01/28 (Call 12/01/24)(a)		950		826,500
Avianca Midco 2 PLC, 9.00%, 12/01/28 (Call 12/01/24)(c)		500		435,000
Banco Davivienda SA, 6.65%, (Call 04/22/31),
(10-year CMT + 5.097%)(a)(d)(e)		400		312,280
Banco de Bogota SA, 6.25%, 05/12/26(a)		1,000		972,600
Bancolombia SA
3.00%, 01/29/25 (Call 12/29/24)		600		572,424
4.63%, 12/18/29 (Call 12/18/24),
(5-year CMT + 2.944%)(d)		400		350,148
6.91%, 10/18/27, (5-year CMT + 2.929%)(b)(d)		600		584,580
Canacol Energy Ltd., 5.75%, 11/24/28 (Call 11/24/24)(a)		400		348,324
Colombia Telecomunicaciones SA ESP, 4.95%,
07/17/30(a)		400		309,412
Ecopetrol SA
4.13%, 01/16/25		1,033		994,004
4.63%, 11/02/31 (Call 08/02/31)(b)		1,000		792,375
5.38%, 06/26/26 (Call 03/26/26)(b)		1,235		1,183,284
5.88%, 05/28/45(b)		1,700		1,215,500
5.88%, 11/02/51 (Call 05/02/51)(b)		650		446,030
6.88%, 04/29/30 (Call 01/29/30)(b)		1,650		1,547,783
7.38%, 09/18/43(b)		775		671,693
8.63%, 01/19/29 (Call 12/19/28)		400		411,300
8.88%, 01/13/33 (Call 10/13/32)		1,750		1,787,844
EnfraGen Energia Sur SA, 5.38%, 12/30/30
(Call 12/30/25)		600		395,400
Geopark Ltd., 5.50%, 01/17/27 (Call 01/17/24)(a)		400		342,900
Grupo Aval Ltd., 4.38%, 02/04/30 (Call 11/04/29)(a)		800		645,704
Grupo de Inversiones Suramericana SA, 5.50%, 04/29/26		400		378,640
Millicom International Cellular SA
4.50%, 04/27/31 (Call 04/27/26)(a)(b)		800		636,704

4

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
July 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Colombia (continued)
6.25%, 03/25/29 (Call 03/25/24)(a)	$	720	$	655,200
Promigas SA ESP/Gases del Pacifico SAC, 3.75%,
10/16/29 (Call 07/16/29)(a)		400		340,500
Sierracol Energy Andina Co., 6.00%, 06/15/28
(Call 06/15/24)(a)		600		472,200
Transportadora de Gas Internacional SA ESP, 5.55%, 11/01/28 (Call 08/01/28)(a)		600		578,448
				19,189,749
Czech Republic — 0.1%
Allwyn Entertainment Financing U.K. PLC, 7.88%,
04/30/29		600		611,382
Egypt — 0.2%
Banco do Brasil SA/Cayman, 4.63%, 01/15/25		200		195,100
YPF SA, 9.00%, 06/30/29(h)		800		759,816
				954,916
Ghana — 0.5%
Kosmos Energy Ltd., 7.13%, 04/04/26 (Call 08/10/23)(a)		600		559,422
Tullow Oil PLC
7.00%, 03/01/25 (Call 08/30/23)(a)		600		381,072
10.25%, 05/15/26 (Call 08/10/23)(a)		1,514		1,232,457
				2,172,951
Guatemala — 0.5%
Central American Bottling Corp./CBC Bottling Holdco SL/Beliv Holdco SL, 5.25%, 04/27/29 (Call 04/27/26)(a)		900		831,339
CT Trust, 5.13%, 02/03/32 (Call 02/03/27)(a)		1,000		826,620
Investment Energy Resources Ltd., 6.25%, 04/26/29
(Call 04/26/25)(a)		600		561,438
				2,219,397
Hong Kong — 4.5%
Adani Green Energy Ltd., 4.38%, 09/08/24(a)		200		187,016
AIA Group Ltd.
3.20%, 03/11/25 (Call 12/11/24)(a)		200		192,760
3.38%, 04/07/30 (Call 01/07/30)(a)		200		181,830
3.60%, 04/09/29 (Call 01/09/29)(a)		200		185,780
3.90%, 04/06/28 (Call 01/06/28)(a)		200		191,074
4.50%, 03/16/46 (Call 09/16/45)(a)		200		179,910
4.95%, 04/04/33 (Call 01/04/33)(a)		200		199,304
5.63%, 10/25/27 (Call 09/25/27)(a)		200		204,884
Bank of China Hong Kong Ltd., 5.90%, (Call 09/14/23), (5-year CMT + 3.036%)(a)(d)(e)		800		799,168
Bank of Communications Hong Kong Ltd.
2.30%, 07/08/31 (Call 07/08/26),
(5-year CMT + 1.400%)(a)(d)		250		226,325
3.73%, (Call 03/03/25), (5-year CMT + 2.525%)(a)(d)(e)		250		240,870
Bank of East Asia Ltd. (The)
5.83%, (Call 10/21/25), (5-year CMT + 5.527%)(a)(d)(e)		250		219,160
5.88%, (Call 09/19/24), (5-year CMT + 4.257%)(a)(d)(e)		250		230,625
6.75%, 03/15/27 (Call 03/15/26),
(1-year CMT + 2.100%)(a)(d)		250		249,213
Bocom Leasing Management Hong Kong Co. Ltd., 6.61%, 12/10/24, (3-mo. LIBOR US + 1.075%)(a)(d)		400		399,432
CAS Capital No. 1 Ltd., 4.00%, (Call 07/12/26),
(5-year CMT + 3.642%)(a)(d)(e)		200		165,642
Castle Peak Power Finance Co. Ltd., 3.25%, 07/25/27(a)		200		187,542
Cathay Pacific MTN Financing HK Ltd., 4.88%,
08/17/26(a)		200		191,950
Celestial Miles Ltd., 5.75%, (Call 07/31/24),
(5-year CMT + 8.205%)(a)(d)(e)		200		196,844

Security	Par (000)		Value
Hong Kong (continued)
China CITIC Bank International Ltd.
4.63%, 02/28/29 (Call 02/28/24),
(5-year CMT + 2.250%)(a)(d)	$	250	$	247,818
4.80%, (Call 04/22/27), (5-year CMT + 2.104%)(a)(d)(e)		250		240,010
7.10%, (Call 11/06/23), (5-year CMT + 4.151%)(a)(d)(e)		200		199,974
CLP Power HK Finance Ltd., 3.55%, (Call 02/06/25),
(5-year CMT + 2.041%)(a)(d)(e)		400		382,528
CNCBINV 1 BVI Ltd., 1.75%, 11/17/24(a)		200		189,058
FWD Group Ltd.
6.38%, (Call 09/13/24), (5-year CMT + 4.876%)(a)(d)(e)		450		399,127
8.05%, (Call 12/15/23), (5-year CMT + 4.865%)(a)(d)(e)		200		183,298
Henderson Land MTN Ltd., 2.38%, 05/27/25(a)		200		187,206
HKT Capital No. 4 Ltd., 3.00%, 07/14/26(a)		200		186,312
HKT Capital No. 5 Ltd., 3.25%, 09/30/29(a)		200		176,308
HKT Capital No. 6 Ltd., 3.00%, 01/18/32 (Call 10/18/31)(a)		200		167,650
Hongkong Electric Finance Ltd.
1.88%, 08/27/30 (Call 02/27/30)(a)		200		161,674
2.88%, 05/03/26(a)		400		374,200
Hongkong Land Finance Cayman Islands Co. Ltd. (The)
2.25%, 07/15/31 (Call 04/15/31)(a)		200		162,636
2.88%, 05/27/30 (Call 02/27/30)(a)		200		174,466
HPHT Finance 21 II Ltd., 1.50%, 09/17/26
(Call 08/17/26)(a)		200		176,430
HPHT Finance 21 Ltd., 2.00%, 03/19/26 (Call 02/19/26)(a)		200		182,264
Hysan MTN Ltd., 2.82%, 09/04/29(a)		400		345,192
IFC Development Corporate Treasury Ltd., 3.63%,
04/17/29(a)		200		183,062
Inventive Global Investments Ltd., 1.65%, 09/03/25(a)		200		182,914
JMH Co. Ltd., 2.50%, 04/09/31 (Call 01/09/31)(a)		200		166,540
Joy Treasure Assets Holdings Inc., 3.50%, 09/24/29
(Call 06/24/29)(a)		200		165,890
Li & Fung Ltd., 5.25%, (Call 11/03/23)(a)(e)		200		94,790
Link Finance Cayman 2009 Ltd. (The)
2.75%, 01/19/32(a)		200		168,554
2.88%, 07/21/26(a)		200		186,032
Melco Resorts Finance Ltd.
4.88%, 06/06/25 (Call 08/30/23)(a)		600		572,760
5.38%, 12/04/29 (Call 12/04/24)(a)		1,000		847,450
5.63%, 07/17/27 (Call 08/30/23)(a)(b)		600		541,950
5.75%, 07/21/28 (Call 07/21/24)(a)		1,000		893,750
MTR Corp. Ltd., 1.63%, 08/19/30(a)		400		326,972
Nan Fung Treasury III Ltd., 5.00%, (Call 09/10/23)(a)(e)		400		298,892
Nan Fung Treasury Ltd., 3.63%, 08/27/30(a)		200		169,072
Nanyang Commercial Bank Ltd., 3.80%, 11/20/29
(Call 11/20/24), (5-year CMT + 2.180%)(a)(d)		250		239,330
New World China Land Ltd., 4.75%, 01/23/27(a)		200		180,718
NWD Finance BVI Ltd.
4.13%, (Call 03/10/28), (5-year CMT + 5.858%)(a)(d)(e)		400		269,356
4.80%, (Call 09/09/23)(a)(e)		400		220,704
5.25%, (Call 03/22/26), (5-year CMT + 7.889%)(a)(d)(e)		200		168,750
6.15%, (Call 03/16/25), (3-year CMT + 6.201%)(a)(d)(e)		200		183,010
6.25%, (Call 03/07/24)(a)(e)		200		136,450
NWD MTN Ltd., 4.50%, 05/19/30(a)		200		161,774
PCPD Capital Ltd., 5.13%, 06/18/26 (Call 06/18/24)(a)		200		159,748
Phoenix Lead Ltd., 4.85%, (Call 08/23/23)(a)(e)		200		166,626
Prudential PLC
2.95%, 11/03/33 (Call 08/03/28),
(5-year CMT + 1.517%)(a)(d)		200		169,386
4.88%, (Call 10/20/23)(a)(e)		400		346,200

5

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
July 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Hong Kong (continued)
Sands China Ltd.
4.30%, 01/08/26 (Call 12/08/25)	$	800	$	758,600
5.63%, 08/08/25 (Call 06/08/25)		1,600		1,570,712
SingTel Group Treasury Pte Ltd., 1.88%, 06/10/30
(Call 03/10/30)(a)		600		495,486
Sun Hung Kai Properties Capital Market Ltd.
2.88%, 01/21/30(a)		200		175,694
3.75%, 02/25/29(a)		200		186,196
Swire Pacific MTN Financing HK Ltd., 2.88%, 01/30/30 (Call 10/30/29)(a)		200		175,064
Swire Properties MTN Financing Ltd., 3.63%, 01/13/26(a)		200		191,350
Wharf REIC Finance BVI Ltd., 3.50%, 01/17/28(a)		200		185,492
				19,704,754
Hungary — 0.2%
OTP Bank Nyrt
7.50%, 05/25/27		400		403,000
8.75%, 05/15/33 (Call 02/15/28),
(5-year CMT + 5.060%)(a)(d)		700		699,314
				1,102,314
India — 4.4%
ABJA Investment Co. Pte Ltd., 5.45%, 01/24/28(a)		600		595,125
Adani Electricity Mumbai Ltd., 3.95%, 02/12/30(a)		400		299,760
Adani Green Energy UP Ltd./Prayatna Developers Pvt Ltd./Parampujya Solar Energy, 6.25%, 12/10/24(a)		200		190,890
Adani Ports & Special Economic Zone Ltd.
3.10%, 02/02/31(a)		200		143,176
4.00%, 07/30/27 (Call 06/30/27)(a)		200		170,674
4.20%, 08/04/27 (Call 02/04/27)(a)		400		342,136
4.38%, 07/03/29(a)		400		329,432
Adani Transmission Ltd., 4.00%, 08/03/26(a)		200		175,700
Axis Bank Ltd., 4.10%, (Call 09/08/26),
(5-year CMT + 3.315%)(a)(d)(e)		200		175,156
Bharat Petroleum Corp. Ltd., 4.00%, 05/08/25(a)		200		193,624
Bharti Airtel Ltd.
3.25%, 06/03/31(a)		200		171,086
4.38%, 06/10/25(a)		400		390,172
BPRL International Singapore Pte Ltd., 4.38%, 01/18/27(a)		400		382,112
CA Magnum Holdings, 5.38%, 10/31/26 (Call 10/31/23)(a)		400		367,000
Continuum Energy Levanter Pte Ltd., 4.50%, 02/09/27 (Call 02/09/24)(a)		186		172,515
Delhi International Airport Ltd.
6.13%, 10/31/26(a)		400		391,540
6.45%, 06/04/29(a)		200		188,560
Greenko Dutch BV, 3.85%, 03/29/26 (Call 08/30/23)(a)		376		341,724
Greenko Power II Ltd., 4.30%, 12/13/28(a)		371		325,757
Greenko Solar Mauritius Ltd.
5.55%, 01/29/25		400		387,504
5.95%, 07/29/26 (Call 08/30/23)(a)		200		188,962
Greenko Wind Projects Mauritius Ltd., 5.50%, 04/06/25 (Call 04/06/24)(a)		400		386,100
HDFC Bank Ltd., 3.70%, (Call 08/25/26),
(5-year CMT + 2.925%)(a)(d)(e)		400		348,524
HDFC Bank Ltd./Gift City, 5.69%, 03/02/26(a)		400		399,984
Hindustan Petroleum Corp. Ltd., 4.00%, 07/12/27(a)		200		188,140
ICICI Bank Ltd./Dubai, 4.00%, 03/18/26(a)(b)		450		432,931
Indian Railway Finance Corp. Ltd.
2.80%, 02/10/31(a)		400		330,956
3.25%, 02/13/30(a)		200		175,040
3.57%, 01/21/32(a)(b)		400		346,440

Security	Par (000)		Value
India (continued)
3.84%, 12/13/27(a)	$	200	$	187,252
JSW Hydro Energy Ltd., 4.13%, 05/18/31
(Call 05/18/26)(a)		504		425,104
JSW Steel Ltd.
3.95%, 04/05/27 (Call 10/05/26)(a)		400		355,384
5.05%, 04/05/32 (Call 10/05/31)(a)		200		162,496
Network i2i Ltd.
3.98%, (e)		400		361,536
5.65%, (Call 01/15/25), (5-year CMT + 4.274%)(a)(d)(e)		600		583,650
NTPC Ltd., 4.25%, 02/26/26(a)		400		387,600
Oil India International Pte Ltd., 4.00%, 04/21/27(a)		200		189,538
Oil India Ltd., 5.13%, 02/04/29(a)		400		392,584
ONGC Videsh Vankorneft Pte Ltd., 3.75%, 07/27/26(a)		400		379,284
Periama Holdings LLC/DE, 5.95%, 04/19/26(a)		400		383,280
Power Finance Corp. Ltd.
3.35%, 05/16/31(a)		200		168,314
3.95%, 04/23/30(a)(b)		400		357,876
4.50%, 06/18/29(a)		400		372,324
6.15%, 12/06/28(a)		200		202,922
REC Ltd.
2.25%, 09/01/26(a)		400		359,164
5.63%, 04/11/28(a)		400		396,066
Reliance Industries Ltd.
2.88%, 01/12/32(a)		1,100		911,119
3.63%, 01/12/52(a)		900		632,880
3.67%, 11/30/27(a)		500		469,320
3.75%, 01/12/62(a)		400		275,748
4.13%, 01/28/25(a)		250		244,090
4.88%, 02/10/45(a)		250		222,642
6.25%, 10/19/40(a)		250		266,170
ReNew Wind Energy AP2/ReNew Power Pvt Ltd. other 9
Subsidiaries, 4.50%, 07/14/28 (Call 10/14/23)(a)		400		341,232
State Bank of India, 4.88%, 05/05/28(a)		200		197,476
State Bank of India/London, 1.80%, 07/13/26(a)		400		360,132
UPL Corp. Ltd., 4.63%, 06/16/30(a)		200		170,940
Vedanta Resources Finance II PLC
8.95%, 03/11/25 (Call 09/11/24)(a)		800		526,120
9.25%, 04/23/26 (Call 08/30/23)(a)(b)		200		122,000
Wipro IT Services LLC, 1.50%, 06/23/26 (Call 05/23/26)(a)		400		357,024
				19,291,987
Indonesia — 2.7%
Adaro Indonesia PT, 4.25%, 10/31/24 (Call 08/31/23)(a)		500		479,915
Bank Mandiri Persero Tbk PT, 4.75%, 05/13/25(a)		600		588,510
Bank Negara Indonesia Persero Tbk PT
3.75%, 03/30/26(a)		400		370,188
4.30%, (Call 03/24/27), (5-year CMT + 3.466%)(a)(d)(e)		600		498,894
Cikarang Listrindo Tbk PT, 4.95%, 09/14/26
(Call 08/31/23)(a)		600		569,658
Freeport Indonesia PT
4.76%, 04/14/27 (Call 03/14/27)(a)		700		677,166
5.32%, 04/14/32 (Call 01/01/32)(a)		1,600		1,510,248
6.20%, 04/14/52 (Call 10/14/51)(a)		700		645,421
Indika Energy Capital IV Pte Ltd., 8.25%, 10/22/25
(Call 08/31/23)(a)		500		496,865
Indofood CBP Sukses Makmur Tbk PT
3.40%, 06/09/31 (Call 12/09/30)(a)		1,000		839,580
3.54%, 04/27/32 (Call 10/27/31)(a)		600		504,180
4.75%, 06/09/51 (Call 12/09/50)(a)		600		452,232
LLPL Capital Pte Ltd., 6.88%, 02/04/39(a)		662		605,834
Medco Bell Pte Ltd., 6.38%, 01/30/27 (Call 01/30/24)(a)		800		751,648

6

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
July 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Indonesia (continued)
Medco Oak Tree Pte Ltd., 7.38%, 05/14/26
(Call 08/31/23)(a)	$	400	$	393,848
Minejesa Capital BV
4.63%, 08/10/30(a)		1,200		1,096,236
5.63%, 08/10/37(a)		800		662,900
Star Energy Geothermal Darajat II/Star Energy Geothermal Salak, 4.85%, 10/14/38 (Call 10/14/29)(a)		800		715,512
				11,858,835
Israel — 3.0%
Bank Hapoalim BM, 3.26%, 01/21/32 (Call 10/21/26), (5-year CMT + 2.155%)(a)(c)(d)		800		683,824
Bank Leumi Le-Israel BM
3.28%, 01/29/31 (Call 01/29/26),
(5-year CMT + 1.631%)(c)(d)		600		535,356
5.13%, 07/27/27 (Call 06/27/27)(a)(c)		400		395,468
7.13%, 07/18/33 (Call 07/18/28),
(5-year CMT + 3.466%)(a)(c)(d)		400		393,112
Energian Israel Finance Ltd.
5.88%, 03/30/31 (Call 09/30/30)(a)(c)		472		411,995
8.50%, 09/30/33(c)		570		571,995
ICL Group Ltd., 6.38%, 05/31/38 (Call 11/30/37)(a)(c)		500		497,660
Israel Discount Bank Ltd., 5.38%, 01/26/28
(Call 12/26/27)(c)		600		591,690
Israel Electric Corp. Ltd.
3.75%, 02/22/32(a)(c)		400		338,520
4.25%, 08/14/28(a)(c)		800		743,808
Series 6, 5.00%, 11/12/24(a)(c)		700		690,158
Mizrahi Tefahot Bank Ltd., 3.08%, 04/07/31
(Call 04/07/26), (5-year CMT + 2.250%)(a)(c)(d)		400		348,084
Teva Pharmaceutical Finance Co. LLC, 6.15%,
02/01/36(b)		650		587,860
Teva Pharmaceutical Finance Netherlands III BV
3.15%, 10/01/26(b)		2,125		1,910,609
4.10%, 10/01/46(b)		1,350		876,568
4.75%, 05/09/27 (Call 02/09/27)(b)		800		741,232
5.13%, 05/09/29 (Call 02/09/29)		750		684,367
6.75%, 03/01/28 (Call 12/01/27)(b)		1,100		1,084,875
7.88%, 09/15/29 (Call 06/15/29)(b)		800		829,216
8.13%, 09/15/31 (Call 06/15/31)		400		422,188
				13,338,585
Jordan — 0.1%
Hikma Finance USA LLC, 3.25%, 07/09/25(a)		400		380,164
Kazakhstan — 1.6%
Energian Israel Finance Ltd., 5.38%, 03/30/28
(Call 09/30/27)(a)(c)		530		480,175
KazMunayGas National Co. JSC
3.50%, 04/14/33 (Call 10/14/32)(a)		1,000		789,150
4.75%, 04/19/27(a)		1,000		952,730
5.38%, 04/24/30(a)		1,200		1,126,956
5.75%, 04/19/47(a)		1,200		1,006,788
6.38%, 10/24/48(a)		1,300		1,146,249
Tengizchevroil Finance Co. International Ltd.
2.63%, 08/15/25 (Call 05/15/25)(a)		600		545,346
3.25%, 08/15/30 (Call 02/15/30)(a)		800		612,000
4.00%, 08/15/26(a)		700		633,339
				7,292,733

Security	Par (000)		Value
Kuwait — 2.0%
Boubyan Sukuk Ltd.
2.59%, 02/18/25(a)	$	800	$	764,744
3.39%, 03/29/27(a)		400		380,316
Burgan Bank SAK
2.75%, 12/15/31 (Call 09/15/26),
(5-year CMT + 2.229%)(a)(d)		400		301,188
5.75%, (Call 07/09/24), (5-year CMT + 4.007%)(a)(d)(e)		600		540,816
Equate Petrochemical BV
2.63%, 04/28/28 (Call 01/28/28)(a)		600		524,430
4.25%, 11/03/26(a)		1,400		1,339,345
Kuwait Projects Co. SPC Ltd.
4.23%, 10/29/26(a)		600		518,316
4.50%, 02/23/27(a)		400		336,028
Leviathan Bond Ltd., 6.50%, 06/30/27 (Call 12/30/26)(a)(c)		400		385,396
MEGlobal Canada ULC
5.00%, 05/18/25(a)		800		783,648
5.88%, 05/18/30(a)		600		607,722
NBK SPC Ltd., 1.63%, 09/15/27 (Call 09/15/26),
(1-day SOFR + 1.050%)(a)(d)		1,000		893,475
NBK Tier 1 Financing 2 Ltd., 4.50%, (Call 08/27/25)(a)(d)(e)		800		734,856
NBK Tier 1 Financing Ltd., 3.63%, (Call 08/24/26)(a)(d)(e)		600		521,316
Warba Sukuk Ltd., 2.98%, 09/24/24(a)		400		386,080
				9,017,676
Luxembourg — 0.3%
Altice Financing SA, 5.75%, 08/15/29 (Call 08/15/24)		1,600		1,190,000
Macau — 2.7%
Champion Path Holdings Ltd.
4.50%, 01/27/26 (Call 01/27/24)(a)		400		358,284
4.85%, 01/27/28 (Call 01/27/25)(a)		500		413,700
MGM China Holdings Ltd.
4.75%, 02/01/27 (Call 02/01/24)(a)		600		549,375
5.25%, 06/18/25 (Call 06/18/24)(a)		600		578,250
5.88%, 05/15/26 (Call 08/10/23)(a)		700		676,288
Sands China Ltd.
2.80%, 03/08/27 (Call 02/08/27)		600		528,720
3.35%, 03/08/29 (Call 01/08/29)(b)		800		685,500
3.75%, 08/08/31 (Call 05/08/31)(b)		500		416,875
4.88%, 06/18/30 (Call 03/18/30)		600		546,750
5.90%, 08/08/28 (Call 05/08/28)		1,800		1,748,250
Studio City Finance Ltd.
5.00%, 01/15/29 (Call 01/15/24)(a)		900		687,375
6.00%, 07/15/25 (Call 07/07/24)(a)		400		377,384
6.50%, 01/15/28 (Call 07/07/24)(a)		600		514,500
Wynn Macau Ltd.
4.88%, 10/01/24 (Call 08/10/23)(a)		400		389,800
5.13%, 12/15/29 (Call 12/15/24)(a)		800		670,976
5.50%, 01/15/26 (Call 08/30/23)(a)		1,200		1,123,080
5.50%, 10/01/27 (Call 10/01/23)(a)		600		542,250
5.63%, 08/26/28 (Call 08/26/23)(a)		1,400		1,246,000
				12,053,357
Malaysia — 1.6%
Axiata SPV2 Bhd
2.16%, 08/19/30 (Call 05/19/30)(a)		600		501,462
4.36%, 03/24/26(a)		400		387,368
Axiata SPV5 Labuan Ltd., 3.06%, 08/19/50
(Call 02/19/50)(a)		1,000		690,680
CIMB Bank Bhd
2.13%, 07/20/27(a)		600		536,364
6.32%, 10/09/24, (3-mo. LIBOR US + 0.780%)(a)(d)		600		600,288

7

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
July 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Malaysia (continued)
Genm Capital Labuan Ltd., 3.88%, 04/19/31
(Call 01/19/31)(a)	$	1,000	$	816,120
Gohl Capital Ltd., 4.25%, 01/24/27(a)		1,300		1,214,447
Misc Capital Two Labuan Ltd., 3.75%, 04/06/27(a)		600		562,110
RBH Bank, 1.66%, 06/29/26(a)		400		356,932
TNB Global Ventures Capital Bhd
3.24%, 10/19/26(a)		800		745,152
4.85%, 11/01/28(a)		700		690,130
				7,101,053
Mexico — 4.7%
Alfa SAB de CV, 6.88%, 03/25/44 (Call 09/25/43)(a)(b)		200		200,258
Alpek SAB de CV
3.25%, 02/25/31 (Call 11/25/30)(a)		200		161,462
4.25%, 09/18/29 (Call 06/18/29)(a)		200		178,222
Alsea SAB de CV, 7.75%, 12/14/26(a)		200		199,940
America Movil SAB de CV
2.88%, 05/07/30 (Call 02/07/30)		400		346,280
3.63%, 04/22/29 (Call 01/22/29)		200		183,280
4.38%, 07/16/42(b)		400		348,224
4.38%, 04/22/49 (Call 10/22/48)(b)		400		341,604
4.70%, 07/21/32 (Call 04/21/32)		400		384,140
5.38%, 04/04/32(a)		200		182,800
6.13%, 03/30/40		800		840,168
6.38%, 03/01/35		350		377,762
Banco Inbursa SA Institucion De Banca Multiple Grupo Financiero Inbursa, 4.38%, 04/11/27(a)		150		142,432
Banco Mercantil del Norte SA/Grand Cayman
5.88%, (Call 01/24/27), (5-year CMT + 4.643%)(a)(d)(e)		200		171,500
6.63%, (Call 01/24/32), (10-year CMT + 5.034%)(a)(d)(e)		200		159,075
6.75%, (Call 06/27/24),
(5-year CMT + 4.967%)(a)(b)(d)(e)		200		195,165
7.50%, (Call 06/27/29), (10-year CMT + 5.470%)(a)(d)(e)		200		179,950
7.63%, (Call 01/06/28)(a)		200		184,748
8.38%, (Call 10/14/30), (10-year CMT + 7.760%)(a)(d)(e)		200		195,658
Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand
5.38%, 04/17/25(a)		850		839,694
5.95%, 10/01/28 (Call 10/01/23)(d)		200		198,040
BBVA Bancomer SA, 8.45%, 06/29/38(b)(c)		400		405,600
BBVA Bancomer SA/Texas
1.88%, 09/18/25(a)		200		183,452
5.13%, 01/18/33, (5-year CMT + 2.650%)(a)		600		519,516
5.88%, 09/13/34 (Call 09/13/29),
(5-year CMT + 4.308%)(a)(d)		400		356,096
Becle SAB de CV, 2.50%, 10/14/31(a)		200		157,584
Bimbo Bakeries USA Inc., 4.00%, 05/17/51(a)		200		157,774
Braskem Idesa SAPI
6.99%, 02/20/32 (Call 02/20/27)(a)		400		254,008
7.45%, 11/15/29 (Call 11/15/24)(a)		400		271,100
Cemex SAB de CV
3.88%, 07/11/31 (Call 07/11/26)(a)		200		171,500
5.20%, 09/17/30 (Call 09/17/25)(a)		400		376,250
5.45%, 11/19/29 (Call 11/19/24)(a)		400		387,164
9.13%, (Call 03/14/28), (5-year CMT + 4.907%)(a)(d)(e)		400		416,000
Cemex SAB De CV, 5.13%, (Call 06/08/26),
(5-year CMT + 4.534%)(a)(d)(e)		400		366,840
Cibanco SA Ibm/PLA Administradora Industrial S de RL de CV, 4.96%, 07/18/29 (Call 04/18/29)(a)		200		188,890
Coca-Cola Femsa SAB de CV
1.85%, 09/01/32 (Call 06/01/32)		450		348,239

Security	Par (000)		Value
Mexico (continued)
2.75%, 01/22/30 (Call 10/22/29)	$	200	$	176,175
Cometa Energia SA de CV, 6.38%, 04/24/35
(Call 01/24/35)(a)		328		317,287
Fomento Economico Mexicano SAB de CV, 3.50%,
01/16/50 (Call 07/16/49)(b)		700		525,427
Fresnillo PLC, 4.25%, 10/02/50 (Call 04/02/50)(a)		400		303,492
Grupo Aeromexico SAB de CV, 8.50%, 03/17/27(a)		400		359,000
Grupo Bimbo SAB de CV
4.00%, 09/06/49		200		160,792
4.70%, 11/10/47(a)		200		177,184
4.88%, 06/27/44(a)		200		181,206
Grupo Televisa SAB
5.00%, 05/13/45 (Call 11/13/44)		400		340,680
5.25%, 05/24/49 (Call 11/24/48)(b)		200		177,738
6.13%, 01/31/46 (Call 07/31/45)(b)		200		197,750
6.63%, 01/15/40		400		415,080
Industrias Penoles SAB de CV
4.15%, 09/12/29 (Call 06/12/29)(a)		400		366,292
4.75%, 08/06/50 (Call 02/06/50)(a)		400		322,136
Infraestructura Energetica Nova SAB de CV
4.75%, 01/15/51 (Call 07/15/50)(a)		400		309,456
4.88%, 01/14/48(a)		200		157,090
Kimberly-Clark de Mexico SAB de CV, 2.43%, 07/01/31 (Call 04/01/31)(a)		200		169,500
Minera Mexico SA de CV, 4.50%, 01/26/50
(Call 07/26/49)(a)		400		316,816
Nemak SAB de CV, 3.63%, 06/28/31(a)		200		157,922
Orbia Advance Corp. SAB de CV
1.88%, 05/11/26 (Call 04/11/26)(a)		200		177,314
2.88%, 05/11/31 (Call 02/11/31)(a)		200		158,550
4.00%, 10/04/27 (Call 07/04/27)(a)		200		185,108
5.50%, 01/15/48 (Call 07/15/47)(a)		200		166,574
5.88%, 09/17/44(a)		200		176,716
Sigma Alimentos SA de CV, 4.13%, 05/02/26
(Call 02/02/26)(a)		400		380,072
Sigma Finance Netherlands BV, 4.88%, 03/27/28
(Call 12/27/27)(a)		200		192,248
Southern Copper Corp.
3.88%, 04/23/25		150		144,748
5.25%, 11/08/42		426		404,178
5.88%, 04/23/45(b)		520		529,220
6.75%, 04/16/40		475		527,250
7.50%, 07/27/35		300		347,835
Tierra Mojada Luxembourg II Sarl, 5.75%, 12/01/40		366		320,601
Total Play Telecomunicaciones SA de CV, 6.38%,
09/20/28(a)		400		228,000
Trust Fibra Uno
4.87%, 01/15/30 (Call 10/30/29)(a)		600		542,550
5.25%, 01/30/26 (Call 10/30/25)(a)		400		388,500
6.39%, 01/15/50 (Call 07/15/49)(a)		200		165,402
6.95%, 01/30/44 (Call 07/30/43)(a)		200		177,508
				20,913,812
Moldova — 0.1%
Aragvi Finance International SR, 8.45%, 04/29/26
(Call 04/29/24)(a)		400		270,500
Morocco — 0.5%
OCP SA
3.75%, 06/23/31 (Call 03/23/31)(a)		900		753,039
4.50%, 10/22/25(a)		400		387,876

8

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
July 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Morocco (continued)
5.13%, 06/23/51 (Call 12/23/50)(a)	$	800	$	601,056
6.88%, 04/25/44(a)		400		374,572
				2,116,543
Nigeria — 0.7%
Access Bank PLC
6.13%, 09/21/26(a)		600		520,884
9.13%, (Call 10/07/26), (5-year CMT + 8.070%)(a)(d)(e)		400		331,516
IHS Holding Ltd.
5.63%, 11/29/26 (Call 11/29/23)(a)		400		348,460
6.25%, 11/29/28 (Call 11/29/24)(a)		400		329,200
IHS Netherlands Holdco BV, 8.00%, 09/18/27
(Call 08/30/23)(a)		1,250		1,135,575
SEPLAT Energy PLC, 7.75%, 04/01/26 (Call 08/30/23)(a)		600		534,522
				3,200,157
Oman — 0.3%
Bank Muscat SAOG, 4.75%, 03/17/26(a)		400		386,848
Oztel Holdings SPC Ltd., 6.63%, 04/24/28(a)		750		777,150
				1,163,998
Panama — 0.7%
AES Panama Generation Holdings SRL, 4.38%, 05/31/30 (Call 02/28/30)(a)		1,189		1,028,707
Banco General SA, 4.13%, 08/07/27(a)		600		566,478
C&W Senior Financing DAC, 6.88%, 09/15/27
(Call 08/10/23)(a)		1,250		1,125,000
Cable Onda SA, 4.50%, 01/30/30 (Call 01/30/25)(a)		600		510,354
				3,230,539
Paraguay — 0.2%
Bioceanico Sovereign Certificate Ltd., 0.00%,
06/05/34(a)(f)		668		467,816
Telefonica Celular del Paraguay SA, 5.88%, 04/15/27(a)		400		377,108
				844,924
Peru — 1.8%
Banco de Credito del Peru, 2.70%, 01/11/25
(Call 12/11/24)(a)(b)		700		669,025
Banco de Credito del Peru SA
3.13%, 07/01/30 (Call 07/01/25),
(5-year CMT + 3.000%)(a)(d)		800		740,528
3.25%, 09/30/31 (Call 09/30/26),
(5-year CMT + 2.450%)(a)(d)		400		353,132
Cia. De Minas Buenaventur Co., 5.50%, 07/23/26
(Call 08/30/23)(a)		600		522,750
Consorcio Transmantaro SA
4.70%, 04/16/34(a)		600		559,170
5.20%, 04/11/38 (Call 01/11/38)(a)		400		376,192
Credicorp Ltd., 2.75%, 06/17/25 (Call 05/17/25)(a)		600		568,170
InRetail Consumer, 3.25%, 03/22/28 (Call 01/22/28)(a)		800		689,280
Kallpa Generacion SA, 4.13%, 08/16/27 (Call 05/16/27)(a)		600		558,375
Lima Metro Line 2 Finance Ltd.
4.35%, 04/05/36(a)		711		645,489
5.88%, 07/05/34(a)		361		354,066
Minsur SA, 4.50%, 10/28/31(a)		600		522,066
Peru LNG Srl, 5.38%, 03/22/30(a)		800		643,208
Transportadora de Gas del Peru SA, 4.25%, 04/30/28(a)		600		574,800
				7,776,251
Philippines — 1.4%
BDO Unibank Inc., 2.13%, 01/13/26(a)		600		554,064
Globe Telecom Inc., 4.20%, (Call 08/02/26),
(5-year CMT + 5.527%)(a)(d)(e)		600		557,502

Security	Par (000)		Value
Philippines (continued)
JGSH Philippines Ltd., 4.13%, 07/09/30(a)	$	600	$	543,858
Manila Water Co. Inc., 4.38%, 07/30/30 (Call 07/30/25)(a)		600		551,850
Metropolitan Bank & Trust Co., 2.13%, 01/15/26(a)		600		550,062
Petron Corp., 5.95%, (Call 04/19/26),
(5-year CMT + 7.574%)(a)(d)(e)		600		544,488
Philippine National Bank, 3.28%, 09/27/24(a)		400		386,244
San Miguel Crop., 5.50%, (Call 07/29/25),
(5-year CMT + 10.237%)(a)(d)(e)		600		544,710
SMC Global Power Holdings Corp.
5.45%, (Call 12/09/26), (5-year CMT + 7.155%)(a)(d)(e)		600		428,742
5.70%, (Call 01/21/26), (5-year CMT + 6.554%)(a)(d)(e)		600		454,794
6.50%, (Call 04/25/24), (5-year CMT + 6.608%)(a)(d)(e)		700		630,189
7.00%, (Call 10/21/25), (5-year CMT + 9.199%)(a)(d)(e)		600		515,010
				6,261,513
Poland — 0.2%
Canpack SA/Canpack U.S. LLC, 3.88%, 11/15/29
(Call 11/15/24)(a)		900		732,519
Qatar — 2.9%
ABQ Finance Co., 2.00%, 07/06/26(a)		400		360,636
ABQ Finance Ltd.
1.88%, 09/08/25(a)		600		552,870
3.13%, 09/24/24(a)		400		385,808
CBQ Finance Ltd., 2.00%, 09/15/25(a)		600		554,256
Commercial Bank PSQC (The), 4.50%, (Call 03/03/26), (5-year CMT + 3.874%)(a)(d)(e)		400		362,632
Doha Finance Ltd., 2.38%, 03/31/26(a)		500		457,130
MAR Sukuk Ltd.
2.21%, 09/02/25(a)		800		749,504
3.03%, 11/13/24(a)		400		386,408
Nakilat Inc., 6.07%, 12/31/33(a)		819		849,674
Ooredoo International Finance Ltd.
3.75%, 06/22/26(a)		600		578,310
3.88%, 01/31/28(a)		400		383,996
4.50%, 01/31/43(a)		200		189,642
5.00%, 10/19/25(a)		600		595,938
QIB Sukuk Ltd.
1.95%, 10/27/25(a)		900		833,067
6.67%, 02/07/25, (3-mo. LIBOR US + 1.350%)(a)(d)		800		807,120
QNB Finance Ltd.
1.38%, 01/26/26(a)		1,050		947,205
1.63%, 09/22/25(a)		600		551,082
2.63%, 05/12/25(a)		1,000		945,090
2.75%, 02/12/27(a)		900		825,570
Ras Laffan Liquefied Natural Gas Co. Ltd. III
5.84%, 09/30/27(a)		642		644,883
6.33%, 09/30/27(a)		377		379,873
SingTel Group Treasury Pte Ltd., 2.38%, 08/28/29
(Call 05/28/29)(a)		400		345,180
				12,685,874
Saudi Arabia — 4.5%
Al Rajhi Sukuk Ltd., 4.75%, 04/05/28		400		398,536
Arab National Bank, 3.33%, 10/28/30 (Call 10/28/25), (5-year CMT + 2.974%)(a)(d)		400		375,904
Arabian Centres Sukuk II Ltd., 5.63%, 10/07/26(a)		400		368,152
Arabian Centres Sukuk Ltd., 5.38%, 11/26/24(a)		300		289,347
Banque Saudi Fransi, 4.75%, 05/31/28		200		197,368
BSF Finance, 5.50%, 11/23/27(a)		400		403,996
(Contemporary Ruiding Development Ltd., 1.88%, 09/17/25 Call 08/17/25)(a)		200		184,872

9

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
July 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Saudi Arabia (continued)
Dar Al-Arkan Sukuk Co. Ltd., 6.75%, 02/15/25(a)	$	200	$	196,198
EIG Pearl Holdings Sarl
3.55%, 08/31/36(a)		600		505,956
4.39%, 11/30/46(a)		500		389,560
GLP China Holdings Ltd., 2.95%, 03/29/26(a)		200		122,732
Greensaif Pipelines Bidco Sarl
6.13%, 02/23/38(a)		800		818,648
6.51%, 02/23/42(a)		600		620,304
Riyad Sukuk Ltd., 3.17%, 02/25/30 (Call 02/25/25),
(5-year CMT + 1.791%)(a)(d)		600		574,422
Riyad Tier 1 Sukuk Ltd., 4.00%, (Call 02/16/27),
(5-year CMT + 2.170%)(a)(d)(e)		400		370,904
SA Global Sukuk Ltd.
1.60%, 06/17/26 (Call 05/17/26)(a)		900		814,563
2.69%, 06/17/31 (Call 03/17/31)(a)		1,400		1,206,492
SABIC Capital I BV
2.15%, 09/14/30 (Call 06/14/30)(a)		200		166,448
3.00%, 09/14/50 (Call 03/14/50)(a)		200		140,750
SABIC Capital II BV, 4.50%, 10/10/28(a)		600		582,696
Samba Funding Ltd.
2.75%, 10/02/24(a)		400		384,672
2.90%, 01/29/27(a)		200		185,106
Saudi Arabian Oil Co.
1.63%, 11/24/25 (Call 10/24/25)(a)		400		366,184
2.25%, 11/24/30 (Call 08/24/30)(a)		1,000		832,160
3.25%, 11/24/50 (Call 05/24/50)(a)		900		630,306
3.50%, 04/16/29(a)		1,300		1,199,133
4.25%, 04/16/39(a)		1,800		1,574,370
4.38%, 04/16/49(a)		1,400		1,186,710
Saudi Electricity Global Sukuk Co. 2, 5.06%, 04/08/43(a)		400		382,748
Saudi Electricity Global Sukuk Co. 3, 5.50%, 04/08/44(a)		600		593,784
Saudi Electricity Global Sukuk Co. 4, 4.72%, 09/27/28(a)		400		400,940
Saudi Electricity Global Sukuk Co. 5
1.74%, 09/17/25(a)		400		371,236
2.41%, 09/17/30(a)		200		172,702
Saudi Electricity Sukuk Programme Co.
4.63%, 04/11/33		600		593,826
5.68%, 04/11/53		400		394,872
Saudi Telecom Co., 3.89%, 05/13/29(a)		600		574,308
SNB Sukuk Ltd., 2.34%, 01/19/27(a)		400		362,348
TMS Issuer Sarl, 5.78%, 08/23/32(a)		800		814,768
				19,748,021
Singapore — 4.0%
BOC Aviation Ltd.
1.75%, 01/21/26 (Call 12/21/25)(a)		300		273,750
2.63%, 09/17/30 (Call 06/17/30)(a)(b)		600		511,116
3.00%, 09/11/29 (Call 06/11/29)(a)		500		440,720
3.25%, 04/29/25 (Call 03/29/25)(a)(b)		1,000		955,650
3.50%, 10/10/24 (Call 09/10/24)(a)		400		388,276
3.50%, 09/18/27 (Call 06/18/27)(a)		600		560,574
3.88%, 04/27/26 (Call 01/27/26)(a)(b)		500		477,980
DBS Group Holdings Ltd.
1.17%, 11/22/24(a)		400		378,772
1.19%, 03/15/27(a)		400		352,128
3.30%, (Call 02/27/25), (5-year CMT + 1.915%)(a)(d)(e)		800		757,248
4.52%, 12/11/28 (Call 12/11/23),
(5-year USD ICE Swap + 1.590%)(a)(d)		800		794,872
Flex Ltd.
3.75%, 02/01/26 (Call 01/01/26)		450		428,616
4.75%, 06/15/25 (Call 03/15/25)		484		473,400

Security	Par (000)		Value
Singapore (continued)
4.88%, 06/15/29 (Call 03/15/29)	$	399	$	380,806
4.88%, 05/12/30 (Call 02/12/30)		515		496,568
GLP Pte Ltd.
3.88%, 06/04/25(a)		800		559,224
4.50%, (Call 12/31/26), (5-year CMT + 3.735%)(a)(d)(e)		600		224,250
Oversea-Chinese Banking Corp. Ltd.
1.83%, 09/10/30 (Call 09/10/25),
(5-year CMT + 1.580%)(a)(b)(d)		800		731,416
4.60%, 06/15/32 (Call 06/15/27),
(5-year CMT + 1.575%)(a)(d)		400		386,300
Puma International Financing SA, 5.00%, 01/24/26
(Call 08/10/23)(a)		700		637,434
Singapore Airlines Ltd.
3.00%, 07/20/26 (Call 06/20/26)(a)		400		374,202
3.38%, 01/19/29 (Call 11/19/28)(a)		400		367,572
Singapore Telecommunications Ltd., 7.38%, 12/01/31(a)		532		617,870
SingTel Group Treasury Pte Ltd.
2.38%, 10/03/26(a)		200		182,972
3.25%, 06/30/25(a)		300		288,564
3.88%, 08/28/28 (Call 05/28/28)(a)		400		381,756
ST Engineering RHQ Ltd., 1.50%, 04/29/25
(Call 01/29/25)(a)		400		373,788
Ste Transcore Holdings Inc.
3.38%, 05/05/27 (Call 02/05/27)(a)		600		569,130
4.13%, 05/23/26		200		195,022
United Overseas Bank Ltd, 3.06%, 04/07/25(a)(b)		600		577,704
United Overseas Bank Ltd.
1.25%, 04/14/26(a)		600		539,976
1.75%, 03/16/31 (Call 03/16/26),
(5-year CMT + 1.520%)(a)(d)		400		357,752
2.00%, 10/14/31 (Call 10/14/26),
(5-year CMT + 1.230%)(a)(b)(d)		600		527,952
3.75%, 04/15/29 (Call 04/15/24),
(5-year CMT + 1.500%)(a)(b)(d)		400		392,692
3.86%, 10/07/32 (Call 10/07/27),
(5-year CMT + 1.450%)(a)(d)		800		744,416
3.88%, (Call 10/19/23),
(5-year USD Swap + 1.794%)(a)(d)(e)		600		595,152
Vena Energy Capital Pte Ltd., 3.13%, 02/26/25(a)		400		375,908
				17,671,528
South Africa — 2.0%
Absa Group Ltd., 6.38%, (Call 05/28/26),
(5-year CMT + 5.411%)(a)(d)(e)		400		369,804
Anglo American Capital PLC
3.88%, 03/16/29 (Call 01/16/29)(a)		400		365,344
4.75%, 04/10/27(a)		1,800		1,751,724
5.50%, 05/02/33		700		683,970
AngloGold Ashanti Holdings PLC
3.38%, 11/01/28 (Call 09/01/28)		600		528,852
3.75%, 10/01/30 (Call 07/01/30)		500		428,625
Bidvest Group UK PLC (The), 3.63%, 09/23/26
(Call 09/23/23)(a)		600		539,364
Gold Fields Orogen Holdings BVI Ltd., 6.13%, 05/15/29 (Call 02/15/29)(a)		400		404,204
Liquid Telecommunications Financing PLC, 5.50%,
09/04/26 (Call 08/30/23)(a)		400		264,520
MTN Mauritius Investments Ltd., 6.50%, 10/13/26(a)		400		393,100
Sasol Financing USA LLC
4.38%, 09/18/26 (Call 08/18/26)		400		361,672
5.50%, 03/18/31 (Call 03/18/30)		700		577,507

10

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
July 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
South Africa (continued)
6.50%, 09/27/28 (Call 06/27/28)(b)	$	600	$	551,730
8.75%, 05/03/29 (Call 03/03/29)(a)		900		897,750
Stillwater Mining Co.
4.00%, 11/16/26 (Call 11/16/23)(a)		600		539,640
4.50%, 11/16/29 (Call 11/16/25)(a)		400		324,296
				8,982,102
South Korea — 3.9%
Hana Bank
1.25%, 12/16/26(a)		400		347,172
3.25%, 03/30/27(a)		400		375,216
Hanwha Life Insurance Co. Ltd., 3.38%, 02/04/32,
(5-year CMT + 1.850%)(a)		400		357,360
Hyundai Capital Services Inc., 1.25%, 02/08/26(a)		400		355,556
Kookmin Bank
1.38%, 05/06/26(a)		400		358,544
1.75%, 05/04/25(a)		400		373,808
2.50%, 11/04/30(a)(b)		400		326,016
4.35%, (Call 07/02/24), (5-year CMT + 2.639%)(a)(d)(e)		200		194,120
4.63%, 04/21/28		200		196,250
Korea East-West Power Co. Ltd.
1.75%, 05/06/25(a)		400		373,960
3.60%, 05/06/25		400		385,636
Korea Electric Power Corp., 1.13%, 06/15/25(a)		400		368,712
Korea Gas Corp.
2.88%, 07/16/29(a)		200		178,584
3.50%, 07/21/25(a)(b)		400		385,224
3.50%, 07/02/26(a)		200		189,762
6.25%, 01/20/42(a)		600		678,240
KT Corp., 4.00%, 08/08/25(a)		200		193,666
Kyobo Life Insurance Co. Ltd., 5.90%, 06/15/52
(Call 06/15/27), (5-year CMT + 2.887%)(a)(d)		400		390,932
LG Chem Ltd.
1.38%, 07/07/26(a)		400		353,876
2.38%, 07/07/31(a)		400		323,852
3.25%, 10/15/24(a)		200		193,812
3.63%, 04/15/29(a)		200		184,018
NAVER Corp., 1.50%, 03/29/26(a)		600		535,920
NongHyup Bank, 1.25%, 07/20/25(a)		400		367,044
POSCO
4.38%, 08/04/25(a)		400		389,256
5.63%, 01/17/26(a)		400		399,228
5.75%, 01/17/28(a)		800		808,752
Shinhan Bank Co. Ltd.
1.38%, 10/21/26(a)		400		351,268
3.88%, 03/24/26(a)(b)		200		188,598
4.38%, 04/13/32(a)(b)		200		180,860
4.50%, 04/12/28(a)		200		194,648
7.31%, 04/24/25, (3-mo. LIBOR US + 1.700%)(a)(d)		400		406,076
Shinhan Financial Group Co. Ltd.
1.35%, 01/10/26(a)		400		361,892
2.88%, (Call 05/12/26), (5-year CMT + 2.064%)(a)(d)(e)		400		351,724
3.34%, 02/05/30 (Call 02/05/25),
(5-year CMT + 1.500%)(a)(b)(d)		200		190,962
5.88%, (Call 02/13/24), (5-year CMT + 3.051%)(a)(d)(e)		400		398,404
SK Battery America Inc., 2.13%, 01/26/26(a)		400		354,540
SK Hynix Inc.
1.50%, 01/19/26(a)		600		536,316
2.38%, 01/19/31(a)		600		465,702
3.00%, 09/17/24(a)		200		192,706
6.25%, 01/17/26(a)		600		602,904

Security	Par (000)		Value
South Korea (continued)
6.38%, 01/17/28(a)	$	800	$	813,456
6.50%, 01/17/33(a)		400		407,540
SK On Co. Ltd., 5.38%, 05/11/26(a)		400		398,300
Woori Bank
0.75%, 02/01/26(a)		400		354,968
2.00%, 01/20/27(a)		200		180,594
4.25%, (Call 10/04/24), (5-year CMT + 2.664%)(a)(d)(e)		200		192,000
4.88%, 01/26/28(a)		600		593,460
				17,301,434
Spain — 0.2%
Banco Bilbao Vizcaya Argentaria SA
1.13%, 09/18/25		400		363,538
5.86%, 09/14/26 (Call 09/14/25),
(1-year CMT + 2.300%)(d)		200		197,826
6.13%, (Call 11/16/27),
(5-year USD Swap + 3.870%)(d)(e)		200		172,000
6.14%, 09/14/28 (Call 09/14/27),
(1-year CMT + 2.700%)(d)		200		201,746
				935,110
Supranational — 0.4%
Africa Finance Corp., 2.88%, 04/28/28(a)		800		679,000
African Export-Import Bank (The), 2.63%, 05/17/26
(Call 04/17/26)(a)		600		543,750
Eastern & Southern African Trade & Development Bank
(The), 4.13%, 06/30/28(a)		600		471,243
				1,693,993
Switzerland — 0.0%
Oriflame Investment Holding PLC, 5.13%, 05/04/26
(Call 05/04/24)(a)		400		136,000
Taiwan — 3.4%
Formosa Group Cayman Ltd., 3.38%, 04/22/25(a)		800		766,048
Foxconn Far East Ltd.
1.63%, 10/28/25(a)		800		727,544
2.50%, 10/28/30(a)		600		497,280
TSMC Arizona Corp.
1.75%, 10/25/26 (Call 09/25/26)		1,200		1,073,784
2.50%, 10/25/31 (Call 07/25/31)		1,200		995,316
3.13%, 10/25/41 (Call 04/25/41)		1,000		782,980
3.25%, 10/25/51 (Call 04/25/51)		1,000		743,455
3.88%, 04/22/27 (Call 03/22/27)		1,000		960,470
4.13%, 04/22/29 (Call 02/22/29)		600		572,622
4.25%, 04/22/32 (Call 01/22/32)		900		859,014
4.50%, 04/22/52 (Call 10/22/51)(b)		900		842,256
TSMC Global Ltd.
0.75%, 09/28/25 (Call 08/28/25)(a)		800		722,240
1.00%, 09/28/27 (Call 07/28/27)(a)		800		679,496
1.25%, 04/23/26 (Call 03/23/26)(a)		1,000		898,160
1.38%, 09/28/30 (Call 06/28/30)(a)		1,300		1,018,043
1.75%, 04/23/28 (Call 02/23/28)(a)		1,000		861,480
2.25%, 04/23/31 (Call 01/23/31)(a)		1,500		1,234,200
4.63%, 07/22/32 (Call 04/22/32)(a)		600		592,906
				14,827,294
Tanzania — 0.2%
HTA Group Ltd./Mauritius, 7.00%, 12/18/25
(Call 08/10/23)(a)		1,000		953,460
Thailand — 2.4%
Bangkok Bank PCL/Hong Kong
3.47%, 09/23/36, (5-year CMT + 2.150%)		1,200		979,812

11

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
July 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Thailand (continued)
3.73%, 09/25/34 (Call 09/25/29),
(5-year CMT + 1.900%)(a)(d)	$	1,200	$	1,032,540
4.30%, 06/15/27 (Call 05/15/27)(a)		800		775,832
4.45%, 09/19/28(a)(b)		400		386,092
5.00%, (Call 09/23/25)		600		569,700
GC Treasury Center Co. Ltd.
2.98%, 03/18/31 (Call 12/18/30)(a)		500		412,940
4.30%, 03/18/51 (Call 09/18/50)(a)(b)		800		587,192
4.40%, 03/30/32 (Call 09/30/31)(a)(b)		1,000		902,060
Kasikornbank PCL, 5.46%, 03/07/28(a)		400		402,192
Kasikornbank PCL/Hong Kong
3.34%, 10/02/31 (Call 10/02/26),
(5-year CMT + 1.700%)(a)(d)		600		533,562
5.28%, (Call 10/14/25), (5-year CMT + 4.940%)(a)(d)(e)		800		762,000
Krung Thai Bank PCL/Cayman Islands, 4.40%,
(Call 03/25/26), (5-year CMT + 3.530%)(a)(d)(e)		600		553,218
PTT Treasury Center Co. Ltd., 3.70%, 07/16/70
(Call 01/16/70)(a)(b)		600		404,466
PTTEP Treasury Center Co. Ltd.
2.59%, 06/10/27 (Call 04/10/27)(a)		600		545,442
3.90%, 12/06/59(a)		400		281,796
Siam Commercial Bank PCL/Cayman Islands, 4.40%, 02/11/29(a)		400		383,120
Thaioil Treasury Center Co. Ltd.
3.50%, 10/17/49(a)(b)		600		380,358
3.75%, 06/18/50(a)		600		395,322
5.38%, 11/20/48(a)(b)		400		343,124
				10,630,768
Turkey — 2.6%
Akbank TAS
5.13%, 03/31/25(a)		400		384,000
6.80%, 02/06/26(a)		500		486,420
6.80%, 06/22/31 (Call 06/22/26),
(5-year CMT + 6.015%)(a)(d)		400		370,340
Anadolu Efes Biracilik Ve Malt Sanayii AS, 3.38%,
06/29/28 (Call 03/29/28)(a)		400		328,444
Aydem Yenilenebilir Enerji AS, 7.75%, 02/02/27
(Call 02/02/24)(a)		600		529,728
Coca-Cola Icecek AS, 4.50%, 01/20/29 (Call 10/20/28)(a)		600		539,394
DBS Group Holdings Ltd., 1.82%, 03/10/31
(Call 03/10/26), (5-year CMT + 1.100%)(a)(d)		400		359,216
KOC Holding AS, 6.50%, 03/11/25 (Call 12/11/24)(a)		700		693,616
Mersin Uluslararasi Liman Isletmeciligi AS, 5.38%,
11/15/24 (Call 08/31/23)(a)		400		389,808
QNB Finansbank AS, 6.88%, 09/07/24(a)		400		399,368
Turk Telekomunikasyon AS, 6.88%, 02/28/25(a)		600		580,866
Turkcell Iletisim Hizmetleri AS
5.75%, 10/15/25(a)		400		383,076
5.80%, 04/11/28 (Call 01/11/28)(a)		565		511,783
Turkiye Garanti Bankasi AS, 7.18%, 05/24/27,
(5-year USD ICE Swap + 4.220%)(a)(d)		800		745,056
Turkiye Is Bankasi AS
7.75%, 01/22/30 (Call 01/22/25),
(5-year CMT + 6.119%)(a)(d)		700		672,126
9.19%, 06/29/28, (5-year USD Swap + 5.117%)(a)(d)		400		390,300
Turkiye Petrol Rafinerileri AS, 4.50%, 10/18/24
(Call 07/20/24)(a)		400		386,980
Turkiye Sise ve Cam Fabrikalari AS, 6.95%, 03/14/26 (Call 12/14/25)(a)		800		782,808
Turkiye Vakiflar Bankasi TAO, 6.50%, 01/08/26(a)		500		472,745

Security	Par (000)		Value
Turkey (continued)
Ulker Biskuvi Sanayi AS, 6.95%, 10/30/25(a)	$	600	$	566,178
Yapi ve Kredi Bankasi AS
7.88%, 01/22/31 (Call 01/22/26),
(5-year CMT + 7.415%)(a)(d)		600		570,348
8.25%, 10/15/24(a)		400		403,132
13.88%, (Call 01/15/24),
(5-year USD Swap + 11.245%)(a)(d)(e)		700		716,611
				11,662,343
Ukraine — 0.1%
Metinvest BV, 7.75%, 10/17/29(a)		400		231,552
MHP Lux SA, 6.95%, 04/03/26(a)		700		405,713
				637,265
United Arab Emirates — 4.8%
Abu Dhabi Commercial Bank PJSC, 3.50%, 03/31/27(a)		400		376,380
Abu Dhabi National Energy Co. PJSC
2.00%, 04/29/28 (Call 01/29/28)(a)		600		530,106
3.40%, 04/29/51 (Call 10/29/50)(a)		400		297,548
4.38%, 04/23/25(a)		200		196,652
4.38%, 06/22/26(a)		400		392,092
4.38%, 01/24/29		400		392,000
4.70%, 04/24/33(a)		600		594,318
4.88%, 04/23/30(a)		400		402,172
6.50%, 10/27/36(a)		300		338,823
Abu Dhabi Ports Co. PJSC, 2.50%, 05/06/31
(Call 02/06/31)(a)		500		420,070
ADIB Capital Invest 2 Ltd., 7.13%, (Call 09/20/23),
(5-year CMT + 4.270%)(a)(d)(e)		400		399,308
Aldar Sukuk Ltd., 4.75%, 09/29/25(a)		200		196,708
Aldar Sukuk No. 2 Ltd., 3.88%, 10/22/29(a)		400		372,312
Arada Sukuk Ltd., 8.13%, 06/08/27(a)		200		204,642
BOS Funding Ltd.
4.00%, 09/18/24(a)		200		193,744
7.00%, 03/14/28(a)		200		205,508
CBQ Finance Ltd., 2.00%, 05/12/26(a)		600		543,366
China Everbright Bank Co. Ltd./Luxembourg, 0.83%,
09/14/24(a)		200		189,626
Commercial Bank of Dubai PSC
5.32%, 06/14/28		200		199,000
6.00%, (Call 04/21/26)(a)(d)(e)		200		196,296
DIB Sukuk Ltd.
1.96%, 06/22/26(a)		400		365,000
2.74%, 02/16/27(a)		400		367,428
2.95%, 02/20/25(a)		400		382,504
2.95%, 01/16/26(a)		800		754,800
4.80%, 08/16/28(a)		200		197,904
5.49%, 11/30/27(a)		400		405,960
DIB Tier 1 Sukuk 3 Ltd., 6.25%, (Call 01/22/25)(a)(d)(e)		400		398,408
DIB Tier 1 Sukuk 4 Ltd., 4.63%, (Call 05/19/26)(a)(d)(e)		400		376,616
EI Sukuk Co. Ltd., 1.83%, 09/23/25(a)		400		369,156
Emaar Sukuk Ltd.
3.64%, 09/15/26(a)		200		188,010
3.70%, 07/06/31(a)		200		180,996
3.88%, 09/17/29(a)		400		371,832
Emirates NBD Bank PJSC
1.64%, 01/13/26(a)		400		365,296
4.25%, (Call 02/27/27)(a)(d)(e)		400		355,656
5.63%, 10/21/27(a)		200		204,206
6.13%, (Call 03/20/25)(a)(d)(e)		600		592,116

12

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
July 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
United Arab Emirates (continued)
Energian Israel Finance Ltd., 4.88%, 03/30/26
(Call 12/30/25)(a)(c)	$	455	$	423,682
Fab Sukuk Co. Ltd.
1.41%, 01/14/26(a)		200		182,625
2.50%, 01/21/25(a)		200		190,868
2.59%, 03/02/27(a)		200		185,082
4.58%, 01/17/28(a)		400		394,912
First Abu Dhabi Bank PJSC
4.38%, 04/24/28(a)		400		388,080
4.50%, (Call 04/05/26), (5-year CMT + 4.138%)(a)(d)(e)		400		377,044
5.13%, 10/13/27(a)		400		403,164
Galaxy Pipeline Assets Bidco Ltd.
1.75%, 09/30/27(a)		291		268,913
2.63%, 03/31/36(a)		800		647,168
2.94%, 09/30/40(a)		1,140		917,145
3.25%, 09/30/40(a)		600		463,836
GEMS MENASA Cayman Ltd./GEMS Education
Delaware LLC, 7.13%, 07/31/26 (Call 08/31/23)(a)		600		579,750
MAF Global Securities Ltd., 7.88%, (Call 06/30/27),
(5-year CMT + 4.893%)(a)(d)(e)		400		406,056
MAF Sukuk Ltd.
3.93%, 02/28/30(a)		200		186,608
4.64%, 05/14/29(a)		200		194,656
Mashreqbank PSC, 7.88%, 02/24/33 (Call 11/24/27),
(5-year CMT + 3.997%)(a)(d)		400		413,884
National Central Cooling Co. PJSC, 2.50%, 10/21/27(a)		200		177,898
Petrofac Ltd., 9.75%, 11/15/26 (Call 11/15/23)(a)		200		155,937
Ruwais Power Co. PJSC, 6.00%, 08/31/36(a)		400		414,000
Shelf Drilling Holdings Ltd., 8.25%, 02/15/25		450		426,249
SIB Sukuk Co. III Ltd., 2.85%, 06/23/25(a)		200		190,456
Sweihan PV Power Co. PJSC, 3.63%, 01/31/49(a)		388		310,437
Tabreed Sukuk Spc Ltd., 5.50%, 10/31/25(a)		200		198,804
				21,013,813
United Kingdom — 2.5%
CK Hutchison International 16 Ltd., 2.75%, 10/03/26(a)		400		369,452
CK Hutchison International 17 II Ltd., 3.25%, 09/29/27(a)		200		186,084
CK Hutchison International 17 Ltd., 3.50%, 04/05/27(a)		200		189,484
CK Hutchison International 19 Ltd., 3.38%, 09/06/49
(Call 03/06/49)		200		149,224
CK Hutchison International 20 Ltd.
2.50%, 05/08/30 (Call 02/08/30)(a)		400		342,932
3.38%, 05/08/50 (Call 11/08/49)		200		148,304
CK Hutchison International 21 Co.
1.50%, 04/15/26 (Call 03/15/26)(a)		200		180,608
2.50%, 04/15/31 (Call 01/15/31)(a)		400		335,916
CK Hutchison International 23 Ltd.
4.75%, 04/21/28 (Call 03/21/28)(a)		200		197,360
4.88%, 04/21/33 (Call 01/21/33)(a)		400		393,652
Hutchison Whampoa International 14 Ltd., 3.63%,
10/31/24(a)		400		389,588
Hutchison Whampoa International Ltd., 7.45%, 11/24/33(a)		205		240,283
Standard Chartered PLC
1.82%, 11/23/25 (Call 11/23/24),
(1-year CMT + 0.950%)(a)(d)		400		376,708
2.61%, 01/12/28 (Call 01/12/27)(d)		200		178,134
2.68%, 06/29/32 (Call 06/29/31),
(1-year CMT + 1.200%)(a)(d)		1,000		790,030
3.27%, 02/18/36 (Call 11/18/30),
(5-year CMT + 2.300%)(a)(d)		400		316,660

Security	Par (000)		Value
United Kingdom (continued)
3.60%, 01/12/33 (Call 01/12/32),
(1-year CMT + 1.900%)(a)(d)	$	200	$	161,072
4.05%, 04/12/26(a)		400		384,528
4.30%, (Call 08/19/28)		600		461,934
4.31%, 05/21/30 (Call 05/21/29),
(3-mo. LIBOR US + 1.910%)(a)(d)		600		545,160
4.64%, 04/01/31 (Call 04/01/30),
(1-year CMT + 3.850%)(a)(d)		500		463,715
4.75%, (Call 01/14/31), (5-year CMT + 3.805%)(a)(d)(e)		400		306,536
6.00%, (Call 07/26/25), (5-year CMT + 5.661%)(a)(d)(e)		400		383,320
6.17%, 01/09/27 (Call 01/09/26),
(1-year CMT + 2.050%)(a)(d)		1,200		1,208,700
6.19%, 07/06/27 (Call 07/06/26),
(1-year CMT + 1.850%)(c)(d)		200		201,792
6.30%, 01/09/29 (Call 01/09/28),
(1-year CMT + 2.450%)(a)(d)		800		808,519
6.30%, 07/06/34(c)		200		203,330
7.75%, (Call 08/15/27), (5-year CMT + 4.976%)(a)(d)(e)		400		398,000
7.77%, 11/16/28 (Call 11/16/27),
(1-year CMT + 3.450%)(a)(d)		800		851,640
				11,162,665
United States — 2.2%
Anglo American Capital PLC
2.63%, 09/10/30 (Call 06/10/30)(a)		800		655,640
3.95%, 09/10/50		400		295,980
4.75%, 03/16/52		600		487,596
5.63%, 04/01/30		600		597,267
GCC SAB de CV, 3.61%, 04/20/32 (Call 01/20/32)(a)		400		340,048
Huarong Finance II Co. Ltd., 5.00%, 11/19/25(a)		200		186,170
Industrial & Commercial Bank of China Ltd., 4.88%,
09/21/25(a)		400		392,184
JBS USA LUX SA/JBS USA Food Co/JBS USA
Finance Inc.
2.50%, 01/15/27 (Call 12/15/26)(a)		200		179,076
3.00%, 02/02/29 (Call 12/02/28)(a)		200		170,454
3.63%, 01/15/32 (Call 01/15/27)(a)		200		165,128
3.75%, 12/01/31 (Call 12/01/26)(a)		400		339,199
4.38%, 02/02/52 (Call 08/02/51)(a)		300		216,464
5.13%, 02/01/28 (Call 01/01/28)(a)		303		293,818
6.50%, 12/01/52 (Call 06/01/52)		350		342,262
Playtika Holding Corp., 4.25%, 03/15/29 (Call 03/15/24)(a)		390		343,322
Prosus NV
3.06%, 07/13/31 (Call 04/13/31)(a)		1,600		1,252,784
3.68%, 01/21/30 (Call 10/21/29)(a)		1,000		847,800
3.83%, 02/08/51 (Call 08/08/50)(a)		1,300		796,679
4.03%, 08/03/50 (Call 02/03/50)(a)		800		511,040
4.99%, 01/19/52(a)		900		656,379
Sagicor Financial Co. Ltd., 5.30%, 05/13/28
(Call 05/13/24)(a)		600		564,000
				9,633,290
Vietnam — 0.2%
Mong Duong Finance Holdings BV, 5.13%, 05/07/29(a)		750		675,844
Zambia — 1.1%
First Quantum Minerals Ltd.
6.88%, 03/01/26(a)		850		832,405
6.88%, 10/15/27 (Call 10/15/23)(a)		1,600		1,565,000
7.50%, 04/01/25 (Call 08/10/23)(a)		1,038		1,032,737

13

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
July 31, 2023	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Zambia (continued)
8.63%, 06/01/31	$	1,200	$	1,228,500
				4,658,642
Total Corporate Bonds & Notes — 96.6%
(Cost: $460,067,638)		.		427,175,725
Foreign Government Obligations
South Korea — 0.6%
Industrial Bank of Korea
0.63%, 09/17/24(a)		200		189,180
1.04%, 06/22/25(a)(b)		400		367,004
Korea Electric Power Corp.
3.63%, 06/14/25(a)		400		385,717
5.38%, 04/06/26(a)		200		199,718
Korea Expressway Corp.
1.13%, 05/17/26(a)		200		177,880
3.63%, 05/18/25(a)		400		387,028
Korea Gas Corp., 3.88%, 07/13/27(a)		200		192,182
Korea Hydro & Nuclear Power Co. Ltd.
1.25%, 04/27/26(a)		400		357,044
4.25%, 07/27/27(a)		400		387,908
				2,643,661
Supranational — 0.6%
Africa Finance Corp.
3.13%, 06/16/25(a)		400		374,000
3.75%, 10/30/29(a)		400		341,000
4.38%, 04/17/26(a)		800		752,000
African Export-Import Bank (The)
3.80%, 05/17/31 (Call 02/17/31)(a)		600		490,500
3.99%, 09/21/29 (Call 06/23/29)(a)		800		690,000
				2,647,500
Turkey — 0.2%
Turkiye Vakiflar Bankasi TAO, 5.50%, 10/01/26(a)		600		541,566
Total Foreign Government Obligations — 1.4%
(Cost: $6,195,322)				5,832,727
Total Long-Term Investments — 98.0%
(Cost: $466,262,960)				433,008,452

Security	Shares (000)		Value
Short-Term Securities
Money Market Funds — 8.3%
BlackRock Cash Funds: Institutional, SL Agency Shares, 5.42%(i)(j)(k)		32,543	$	32,552,549
BlackRock Cash Funds: Treasury, SL Agency Shares, 5.22%(i)(j)		4,237		4,237,000
Total Short-Term Securities — 8.3%
(Cost: $36,777,895)				36,789,549
Total Investments — 106.3%
(Cost: $503,040,855)				469,798,001
Liabilities in Excess of Other Assets — (6.3)%				(27,649,630	)
NetAssets—100.0%			$	442,148,371

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

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

^(c) 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.

^(d) 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.

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

^(f) Zero-coupon bond.

^(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) 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.

⁽ⁱ⁾ Affiliate of the Fund.

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

^(k) 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, 2023 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

Affiliated Issuer	Value at 10/31/22		Purchases at Cost			Proceeds from Sale		Net Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)		Value at 07/31/23		Shares Held at 07/31/23 (000)		Income			Capital Gain Distributions from Underlying Funds
BlackRock Cash Funds: Institutional, SL Agency Shares	$	17,956,028	$	14,584,589	(a)	$	—	$	1,648	$	10,284	$	32,552,549		32,543	$	177,045	(b)	$	—
BlackRock Cash Funds: Treasury, SL Agency Shares		3,897,000		340,000	(a)		—		—		—		4,237,000		4,237		96,837			1
								$	1,648	$	10,284	$	36,789,549			$	273,882		$	1

^(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.

14

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
July 31, 2023

Fair Value Hierarchy as of Period End

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

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

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

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

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

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

	Level 1		Level 2		Level 3		Total
Assets
Investments
Long-Term Investments
Corporate Bonds & Notes	$	—	$	427,175,725	$	—	$	427,175,725
Foreign Government Obligations		—		5,832,727		—		5,832,727
Short-Term Securities
Money Market Funds		36,789,549		—		—		36,789,549
	$	36,789,549	$	433,008,452	$	—	$	469,798,001

Portfolio Abbreviation
CMT	Constant Maturity Treasury	PIK	Payment-in-kind
LIBOR	London Interbank Offered Rate	PJSC	Public Joint Stock Company
OJSC	Open Joint Stock Company	SOFR	Secured Overnight Financing Rate

Currency Abbreviations
USD	United States Dollar

15