Schedule of Investments (unaudited)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2024	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Corporate Bonds & Notes
Argentina — 1.3%
Pampa Energia SA, 7.50%, 01/24/27 (Call 03/01/24)(a)	$	600	$	567,600
Transportadora de Gas del Sur SA, 6.75%, 05/02/25 (Call 01/08/24)(a)		450		431,100
YPF SA
6.95%, 07/21/27(a)		700		617,960
7.00%, 09/30/33(a)		525		439,688
7.00%, 12/15/47 (Call 06/15/47)(a)		489		354,525
8.50%, 07/28/25(a)		970		936,050
9.00%, 02/12/26(a)		481		479,888
9.00%, 06/30/29(a)		700		677,866
9.50%, 01/17/31 (Call 10/17/30)(b)(c)		700		699,510
				5,204,187
Australia — 0.2%
AngloGold Ashanti Holdings PLC
3.38%, 11/01/28 (Call 09/01/28)(c)		400		360,000
3.75%, 10/01/30 (Call 07/01/30)		500		434,450
				794,450
Bahrain — 0.1%
AUB Sukuk Ltd., 2.62%, 09/09/26(a)		600		549,300
Brazil — 4.9%
Acu Petroleo Luxembourg SARL, 7.50%, 01/13/32 (Call 01/13/27)(a)		243		231,152
Adecoagro SA, 6.00%, 09/21/27(a)		150		145,725
Aegea Finance SARL, 6.75%, 05/20/29 (Call 05/20/25)(a)		200		193,670
Amaggi Luxembourg International Sarl, 5.25%, 01/28/28(a)		200		193,875
Azul Secured Finance LLP
10.88%, 05/28/30(a)		200		164,688
11.93%, 08/28/28(a)		200		202,625
B3 SA - Brasil Bolsa Balcao, 4.13%, 09/20/31(a)		200		173,750
Banco Bradesco SA/Cayman Islands, 4.38%, 03/18/27(a)(c)		200		193,430
Banco BTG Pactual SA/Cayman Islands, 2.75%, 01/11/26 (Call 12/11/25)(a)		200		188,063
Banco do Brasil SA/Cayman
3.25%, 09/30/26(a)		200		188,640
4.88%, 01/11/29(a)		200		193,125
6.25%, 04/18/30(a)		200		203,190
6.25%, (Call 04/15/24), (10-year CMT + 4.398%)(a)(c)(d)(e)		400		396,000
9.00%, (Call 06/18/24), (10-year CMT + 6.362%)(a)(c)(d)(e)		400		401,750
Banco Votorantim SA, 4.38%, 07/29/25(a)		200		194,125
Braskem America Finance Co., 7.13%, 07/22/41 (Call 01/22/41)(a)		200		169,560
Braskem Netherlands Finance BV
4.50%, 01/10/28 (Call 10/10/27)(a)		400		344,900
4.50%, 01/31/30 (Call 10/31/29)(a)(c)		400		315,240
5.88%, 01/31/50(a)		200		140,960
7.25%, 02/13/33 (Call 11/13/32)(a)		400		354,000
8.50%, 01/23/81 (Call 10/24/25), (5-year CMT + 8.220%)(a)(e)		200		193,000
BRF SA
4.88%, 01/24/30 (Call 10/24/29)(a)		200		176,438
5.75%, 09/21/50 (Call 03/21/50)(a)		200		144,960
Centrais Eletricas Brasileiras SA, 4.63%, 02/04/30(a)		200		180,000

Security	Par (000)		Value
Brazil (continued)
Cosan Luxembourg SA
5.50%, 09/20/29 (Call 09/20/24)(a)	$	200	$	188,188
7.25%, 06/27/31 (Call 06/27/27)(b)		200		200,940
7.50%, 06/27/30 (Call 06/27/26)(a)		200		205,000
Cosan Overseas Ltd., 8.25%, (Call 05/05/24)(a)(d)		100		100,125
CSN Inova Ventures, 6.75%, 01/28/28 (Call 03/01/24)(a)		400		383,000
CSN Resources SA
4.63%, 06/10/31 (Call 06/10/26)(a)		200		161,250
5.88%, 04/08/32 (Call 04/08/27)(a)		200		170,500
8.88%, 12/05/30(a)		200		205,000
Embraer Netherlands Finance BV
5.40%, 02/01/27(c)		230		227,700
7.00%, 07/28/30 (Call 04/28/30)(a)		200		209,450
FS Luxembourg Sarl, 10.00%, 12/15/25(a)		200		208,350
Globo Comunicacao e Participacoes SA, 4.88%, 01/22/30(a)		200		168,750
Guara Norte Sarl, 5.20%, 06/15/34(a)		171		156,043
GUSAP III LP, 4.25%, 01/21/30 (Call 07/21/29)(a)		200		188,300
Itau Unibanco Holding SA/Cayman Island
3.88%, 04/15/31 (Call 04/15/26), (5-year CMT + 3.446%)(a)(e)		200		192,300
4.50%, 11/21/29 (Call 11/21/24), (5-year CMT + 2.822%)(a)(e)		200		196,050
4.63%, (Call 02/27/25), (5-year CMT + 3.222%)(a)(d)(e)		200		181,500
7.72%, (Call 06/12/24), (5-year CMT + 3.981%)(a)(d)(e)		200		198,625
7.86%, (Call 03/19/24), (5-year CMT + 3.863%)(a)(d)(e)		200		198,875
Klabin Austria GmbH
3.20%, 01/12/31 (Call 10/12/30)(a)		200		165,000
7.00%, 04/03/49 (Call 10/03/48)(a)		200		200,360
MARB BondCo PLC, 3.95%, 01/29/31 (Call 01/29/26)(a)		400		317,600
MC Brazil Downstream Trading SARL, 7.25%, 06/30/31(a)		375		288,489
MercadoLibre Inc., 3.13%, 01/14/31 (Call 10/14/30)		200		167,250
Minerva Luxembourg SA
4.38%, 03/18/31 (Call 03/18/26)(a)		400		327,500
8.88%, 09/13/33(a)		200		209,400
NBM U.S. Holdings Inc., 7.00%, 05/14/26 (Call 03/01/24)(a)		200		200,062
Nexa Resources SA, 5.38%, 05/04/27 (Call 02/04/27)(a)		300		291,150
Petrobras Global Finance BV
5.09%, 01/15/30(c)		250		239,381
5.50%, 06/10/51 (Call 12/10/50)(c)		150		123,375
5.60%, 01/03/31 (Call 10/03/30)(c)		350		338,980
6.00%, 01/27/28(c)		295		297,950
6.50%, 07/03/33 (Call 04/03/33)(c)		300		297,000
6.75%, 01/27/41(c)		150		147,593
6.85%,		425		392,190
6.88%, 01/20/40		200		200,940
6.90%, 03/19/49(c)		200		195,000
7.25%, 03/17/44(c)		250		256,875
7.38%, 01/17/27		150		156,701
Petrorio Luxembourg Trading Sarl, 6.13%, 06/09/26 (Call 06/09/24)(a)		200		195,250
Raizen Fuels Finance SA, 5.30%, 01/20/27(a)		200		197,250

1

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2024	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Brazil (continued)
Rede D'or Finance Sarl
4.50%, 01/22/30 (Call 10/22/29)(a)	$	200	$	176,800
4.95%, 01/17/28 (Call 10/17/27)(a)		200		188,437
Rumo Luxembourg Sarl, 5.25%, 01/10/28 (Call 01/10/24)(a)		200		191,062
Samarco Mineracao SA, 9.50%, 06/30/31, (9.00% PIK)(b)(c)(f)		1,000		830,500
Simpar Europe SA, 5.20%, 01/26/31(a)		200		170,820
Sitios Latinoamerica SAB de CV, 5.38%, 04/04/32 (Call 01/04/32)(a)		200		185,138
StoneCo Ltd., 3.95%, 06/16/28 (Call 05/16/28)(a)		200		171,938
Suzano Austria GmbH
2.50%, 09/15/28 (Call 07/15/28)		100		86,938
3.13%, 01/15/32 (Call 10/15/31)(c)		300		245,250
3.75%, 01/15/31 (Call 10/15/30)		500		434,219
5.00%, 01/15/30 (Call 10/15/29)		200		190,400
5.75%, 07/14/26(a)		200		200,863
6.00%, 01/15/29 (Call 10/15/28)		200		201,142
7.00%, 03/16/47 (Call 09/16/46)(a)		400		416,600
Suzano International Finance BV, 5.50%, 01/17/27		300		299,760
Usiminas International Sarl, 5.88%, 07/18/26 (Call 03/01/24)(a)		200		194,437
Vale Overseas Ltd.
3.75%, 07/08/30 (Call 04/08/30)(c)		450		406,687
6.13%, 06/12/33 (Call 03/12/33)		350		356,912
6.88%, 11/21/36(c)		383		412,682
6.88%, 11/10/39(c)		350		378,000
8.25%, 01/17/34(c)		200		235,740
XP Inc., 3.25%, 07/01/26 (Call 06/01/26)(a)		200		185,688
				20,388,121
Burkina Faso — 0.1%
Endeavour Mining PLC, 5.00%, 10/14/26 (Call 01/29/24)(a)		400		367,000
Chile — 3.8%
AES Andes SA., 7.13%, 03/26/79 (Call 04/07/24), (5-year USD Swap + 4.644%)(a)(e)		400		384,000
Agrosuper SA, 4.60%, 01/20/32 (Call 10/20/31)(a)		400		340,000
Alfa Desarrollo SpA, 4.55%, 09/27/51 (Call 03/27/51)(a)		994		725,654
Antofagasta PLC
2.38%, 10/14/30(a)		200		164,375
5.63%, 05/13/32 (Call 02/13/32)(a)		600		595,500
Banco de Chile, 2.99%, 12/09/31 (Call 09/09/31)(a)		400		342,400
Banco de Credito e Inversiones SA
2.88%, 10/14/31 (Call 07/14/31)(a)(c)		400		336,800
3.50%, 10/12/27(a)(c)		400		377,380
Banco Santander Chile, 3.18%, 10/26/31 (Call 07/28/31)(a)(c)		400		344,800
Celulosa Arauco y Constitucion SA
4.20%, 01/29/30 (Call 10/29/29)(a)		400		367,300
4.25%, 04/30/29 (Call 01/30/29)(a)		400		371,750
5.15%, 01/29/50 (Call 07/29/49)(a)		400		322,375
5.50%, 04/30/49 (Call 10/30/48)(a)(c)		400		336,000
Cencosud SA, 4.38%, 07/17/27 (Call 04/17/27)(a)		800		767,800
Chile Electricity Lux MPC Sarl, 6.01%, 01/20/33(a)		600		612,426
Cia. Cervecerias Unidas SA, 3.35%, 01/19/32 (Call 10/19/31)(a)		550		466,262
Colbun SA
3.15%, 03/06/30 (Call 12/06/29)(a)		400		352,500
3.15%, 01/19/32 (Call 10/19/31)(a)		400		339,600

Security	Par (000)		Value
Chile (continued)
3.95%, 10/11/27 (Call 07/11/27)(a)	$	400	$	382,000
Empresa Nacional de Telecomunicaciones SA
3.05%, 09/14/32 (Call 06/14/32)(a)		600		480,000
4.75%, 08/01/26 (Call 05/03/26)(a)		400		391,375
Enel Americas SA, 4.00%, 10/25/26 (Call 07/25/26)		562		541,656
Enel Chile SA, 4.88%, 06/12/28 (Call 03/12/28)		900		886,635
Engie Energia Chile SA, 3.40%, 01/28/30 (Call 10/28/29)(a)		400		343,875
Falabella SA, 3.38%, 01/15/32 (Call 10/15/31)(a)		400		296,000
GNL Quintero SA, 4.63%, 07/31/29(a)		647		634,256
Interchile SA, 4.50%, 06/30/56 (Call 12/30/55)(a)		900		716,940
Inversiones CMPC SA
3.00%, 04/06/31 (Call 01/06/31)(a)		400		336,400
3.85%, 01/13/30 (Call 10/13/29)(a)		400		361,500
4.38%, 04/04/27(a)		400		384,400
6.13%, 06/23/33 (Call 03/23/33)(a)		400		401,892
Latam Airlines Group SA, 13.38%, 10/15/29 (Call 10/15/25)(a)		500		572,500
Sociedad Quimica y Minera de Chile SA
3.50%, 09/10/51 (Call 03/10/51)(a)		600		393,000
6.50%, 11/07/33 (Call 08/07/33)(a)		600		618,000
Telefonica Moviles Chile SA, 3.54%, 11/18/31 (Call 08/18/31)(a)		450		331,875
				15,619,226
China — 9.7%
Agile Group Holdings Ltd., 6.88%, (Call 03/01/24), (5-year CMT + 9.216%)(a)(d)(g)(h)		200		7,000
Agricultural Bank of China Ltd./Hong Kong, 2.00%, 03/01/25(a)		200		193,750
Alibaba Group Holding Ltd.
2.13%, 02/09/31 (Call 11/09/30)		400		333,400
2.70%, 02/09/41 (Call 08/09/40)		200		136,340
3.15%, 02/09/51 (Call 08/09/50)		200		130,092
3.25%, 02/09/61 (Call 08/09/60)		200		125,180
3.40%, 12/06/27 (Call 09/06/27)		500		473,905
4.00%, 12/06/37 (Call 06/06/37)		200		173,048
4.20%, 12/06/47 (Call 06/06/47)(c)		400		322,640
4.40%, 12/06/57 (Call 06/06/57)		200		161,134
4.50%, 11/28/34 (Call 05/28/34)		200		188,670
Amipeace Ltd.
1.75%, 11/09/26(a)		400		368,516
2.25%, 10/22/30(a)		200		171,616
Baidu Inc.
2.38%, 08/23/31 (Call 05/23/31)		200		165,636
3.08%, 04/07/25 (Call 03/07/25)		200		194,798
4.13%, 06/30/25		200		196,860
Bank of China Ltd., 6.13%, 04/28/25, (1-day SOFR + 0.780%)(a)(e)		200		200,166
Bank of China Ltd./Hong Kong, 3.88%, 06/30/25(a)		200		197,012
Bank of China Ltd./Luxembourg, 1.40%, 04/28/26(a)		400		372,120
Bank of China Ltd./New York, 4.63%, 06/26/26(a)		200		199,530
Bank of Communications Co. Ltd., 3.80%, (Call 11/18/25), (5-year CMT + 3.345%)(a)(d)(e)		600		582,000
Bank of Communications Co. Ltd./Hong Kong, 1.20%, 09/10/25(a)		200		188,678
BOC Aviation Ltd.
1.75%, 01/21/26 (Call 12/21/25)(a)		300		281,211
2.63%, 09/17/30 (Call 06/17/30)(a)(c)		600		518,622
3.00%, 09/11/29 (Call 06/11/29)(a)		500		450,700
3.25%, 04/29/25 (Call 03/29/25)(a)		1,000		974,640
3.50%, 09/18/27 (Call 06/18/27)(a)		600		570,552

2

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2024	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
China (continued)
3.88%, 04/27/26 (Call 01/27/26)(a)	$	500	$	487,140
4.50%, 05/23/28(a)		400		392,132
BOC Aviation USA Corp.
4.88%, 05/03/33 (Call 02/03/33)(a)		400		394,260
5.75%, 11/09/28 (Call 10/09/28)(a)		200		205,990
CCBL Cayman 1 Corp. Ltd., 1.80%, 07/22/26(a)		200		184,680
CCCI Treasure Ltd., 3.43%, (Call 11/21/24), (5-year CMT + 4.998%)(a)(d)(e)		200		195,500
CDBL Funding 2, 2.00%, 03/04/26(a)		200		188,550
Central Plaza Development Ltd., 4.65%, 01/19/26 (Call 10/19/25)(a)		200		167,850
Chalco Hong Kong Investment Co. Ltd., 2.10%, 07/28/26 (Call 06/28/26)(a)		200		185,972
Charming Light Investments Ltd., 4.38%, 12/21/27(a)		200		191,434
China Cinda 2020 I Management Ltd.
2.50%, 03/18/25 (Call 02/18/25)(a)		200		193,150
3.00%, 01/20/31 (Call 10/20/30)(a)		200		169,328
3.25%, 01/28/27 (Call 10/28/26)(a)		200		187,490
China Cinda Finance 2015 I Ltd., 4.25%, 04/23/25(a)		400		393,484
China Cinda Finance 2017 I Ltd.
4.75%, 02/08/28(a)		200		195,002
4.75%, 02/21/29(a)		200		193,188
China Construction Bank Corp.
2.45%, 06/24/30 (Call 06/24/25), (5-year CMT + 2.150%)(a)(e)		400		383,928
2.85%, 01/21/32 (Call 01/21/27), (5-year CMT + 1.400%)(a)(e)		400		377,456
4.25%, 02/27/29 (Call 02/27/24), (5-year CMT + 1.880%)(a)(e)		200		199,784
China Construction Bank Corp./Hong Kong
1.25%, 08/04/25(a)		200		189,342
1.46%, 04/22/26(a)		200		186,408
China Construction Bank Corp./London, 3.13%, 05/17/25(a)		200		195,316
China Development Bank Financial Leasing Co. Ltd., 2.88%, 09/28/30 (Call 09/28/25), (5-year CMT + 2.750%)(a)(e)		200		190,032
China Everbright Bank Co. Ltd./Sydney, 5.98%, 09/20/26, (1-day SOFR + 0.630%)(a)(e)		200		199,852
China Great Wall International Holdings III Ltd., 3.88%, 08/31/27(a)		200		185,300
China Mengniu Dairy Co. Ltd., 1.88%, 06/17/25 (Call 05/17/25)(a)		200		190,578
China Merchants Bank Co. Ltd./Hong Kong, 1.20%, 09/10/25(a)		200		188,328
China Modern Dairy Holdings Ltd., 2.13%, 07/14/26 (Call 06/14/26)(a)		200		178,054
China Overseas Finance Cayman VI Ltd., 6.45%, 06/11/34(a)		200		202,532
China Overseas Finance Cayman VIII Ltd., 2.75%, 03/02/30(a)		200		169,664
China Railway Xunjie Co. Ltd., 4.00%, 07/06/27(a)		200		195,632
China Resources Land Ltd., 3.75%, (Call 12/09/24), (5-year CMT + 5.139%)(a)(d)(e)		400		391,968
China State Construction Finance Cayman I Ltd., 3.40%, (Call 06/08/26), (5-year CMT + 5.581%)(a)(d)(e)		200		190,062
China Taiping Insurance Holdings Co. Ltd., 6.40%, (Call 03/09/28), (5-year CMT + 2.072%)(a)(d)(e)		400		418,600
CICC Hong Kong Finance 2016 MTN Ltd.
5.42%, 11/22/25(a)		400		401,812

Security	Par (000)		Value
China (continued)
5.44%, 07/18/26(a)	$	200	$	202,250
5.49%, 03/01/26(a)		200		201,800
CITIC Ltd.
2.85%, 02/25/30(a)		200		177,744
2.88%, 02/17/27 (Call 01/17/27)(a)		400		379,276
3.88%, 02/28/27(a)		200		195,182
CMB International Leasing Management Ltd., 1.88%, 08/12/25(a)		200		189,906
CMHI Finance BVI Co. Ltd.
4.00%, 06/01/27 (Call 05/01/27)(a)		200		195,160
5.00%, 08/06/28(a)		200		201,664
CNOOC Finance 2013 Ltd.
2.88%, 09/30/29 (Call 06/30/29)		200		184,190
3.30%, 09/30/49 (Call 03/30/49)		200		146,224
CNOOC Finance 2015 USA LLC
3.50%, 05/05/25		400		392,660
4.38%, 05/02/28		400		397,416
CNOOC Petroleum North America ULC
5.88%, 03/10/35		200		211,763
6.40%, 05/15/37		400		447,608
7.50%, 07/30/39(c)		150		185,464
CNPC HK Overseas Capital Ltd., 5.95%, 04/28/41(a)		200		217,108
Contemporary Ruiding Development Ltd.
1.50%, 09/09/26(a)		200		182,260
1.88%, 09/17/25 (Call 08/17/25)(a)		200		189,668
COSL Singapore Capital Ltd., 4.50%, 07/30/25(a)		200		198,194
CSCEC Finance Cayman II Ltd., 3.50%, 07/05/27(a)		200		191,010
Easy Tactic Ltd.
6.50%, 07/11/25 (Call 03/01/24), (7.50% PIK)(f)		329		18,916
6.50%, 07/11/27 (Call 03/01/24), (7.50% PIK)(f)		385		20,203
6.50%, 07/11/28 (Call 03/01/24), (7.50% PIK)(f)		167		8,192
ENN Clean Energy International Investment Ltd., 3.38%, 05/12/26 (Call 05/12/24)(a)		200		188,404
ENN Energy Holdings Ltd., 4.63%, 05/17/27 (Call 04/17/27)(a)		200		197,456
Fortune Star BVI Ltd., 5.95%, 10/19/25 (Call 03/01/24)(a)		400		358,000
Franshion Brilliant Ltd., 4.25%, 07/23/29(a)		200		134,188
Fuqing Investment Management Ltd., 3.25%, 06/23/25(a)		200		168,000
GLP China Holdings Ltd., 2.95%, 03/29/26(a)		200		138,000
Haitong International Finance Holdings 2015 Ltd., 2.11%, 03/12/25(a)		200		192,320
Horse Gallop Finance Ltd., 1.70%, 07/28/25(a)		200		189,744
Huarong Finance 2017 Co. Ltd.
4.25%, 11/07/27(a)		400		367,000
4.75%, 04/27/27(a)		200		188,300
Huarong Finance 2019 Co. Ltd., 4.50%, 05/29/29(a)		200		179,000
Huarong Finance II Co. Ltd., 5.00%, 11/19/25(a)		200		193,250
ICBCIL Finance Co. Ltd.
1.75%, 08/25/25(a)		400		378,784
1.75%, 08/02/26(a)		200		185,222
2.70%, 01/27/27(a)		200		188,272
Industrial & Commercial Bank of China Ltd.
3.20%, (Call 09/24/26), (5-year CMT + 2.368%)(a)(d)(e)		1,200		1,138,500
4.50%, 01/19/26(a)		200		199,042
4.88%, 09/21/25(a)		400		396,288
Industrial & Commercial Bank of China Ltd./Dubai DIFC, 6.28%, 01/19/26, (1-day SOFR + 0.930%)(a)(e)		200		200,928

3

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2024	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
China (continued)
Industrial & Commercial Bank of China Ltd./Hong Kong
1.63%, 10/28/26(a)	$	200	$	184,272
2.95%, 06/01/25(a)		200		194,838
Industrial & Commercial Bank of China Ltd./New York NY, 3.54%, 11/08/27		250		240,935
Industrial & Commercial Bank of China Ltd./Singapore, 1.20%, 09/09/25(a)		200		188,450
Industrial Bank Co. Ltd./Hong Kong, 3.25%, 05/18/25(a)		200		195,372
JD.com Inc., 3.38%, 01/14/30 (Call 10/14/29)		200		181,806
Lenovo Group Ltd.
3.42%, 11/02/30 (Call 08/02/30)(a)		200		176,728
5.83%, 01/27/28 (Call 12/27/27)(a)		200		203,752
6.54%, 07/27/32 (Call 04/27/32)(a)		200		212,890
Longfor Group Holdings Ltd., 3.95%, 09/16/29(a)		200		88,000
MCC Holding Hong Kong Corp. Ltd., 2.95%, (Call 04/20/24), (3-year CMT + 5.595%)(a)(d)(e)		200		198,500
Meituan
2.13%, 10/28/25 (Call 09/28/25)(a)		200		188,686
3.05%, 10/28/30 (Call 07/28/30)(a)		200		170,076
Pioneer Reward Ltd.
2.00%, 04/09/26(a)		200		188,246
2.38%, 03/03/25(a)		200		193,948
5.25%, 08/09/26(a)		200		201,972
Prosus NV
3.06%, 07/13/31 (Call 04/13/31)(a)		1,200		963,000
3.26%, 01/19/27 (Call 12/19/26)(a)		800		735,920
3.68%, 01/21/30 (Call 10/21/29)(a)		800		692,000
3.83%, 02/08/51 (Call 08/08/50)(a)		1,100		676,500
4.03%, 08/03/50 (Call 02/03/50)(a)		800		508,000
4.19%, 01/19/32 (Call 10/19/31)(a)		800		684,000
4.85%, 07/06/27 (Call 04/06/27)(a)		400		385,460
4.99%, 01/19/52 (Call 07/19/51)(a)		900		659,250
RKPF Overseas 2020 A Ltd., 5.13%, 07/26/26 (Call 07/26/24)(a)		200		56,000
SF Holding Investment 2021 Ltd., 3.13%, 11/17/31(a)		200		174,166
SF Holding Investment Ltd., 2.38%, 11/17/26(a)		200		186,026
Shanghai Port Group BVI Development 2 Co. Ltd., 2.38%, 07/13/30 (Call 04/13/30)(a)		200		175,204
Sinopec Capital 2013 Ltd., 4.25%, 04/24/43(a)		200		175,918
Sunac China Holdings Ltd., 7.00%, 09/30/29 (Call 02/22/24), (12.00% PIK)(a)(f)		600		46,800
Tencent Holdings Ltd.
1.81%, 01/26/26 (Call 12/26/25)(a)		200		187,970
2.39%, 06/03/30 (Call 03/03/30)(a)(c)		400		343,312
2.88%, 04/22/31 (Call 01/22/31)(a)(c)		400		349,844
3.24%, 06/03/50 (Call 12/03/49)(a)		200		133,572
3.58%, 04/11/26 (Call 02/11/26)(a)		200		193,970
3.60%, 01/19/28 (Call 10/19/27)(a)(c)		300		285,528
3.68%, 04/22/41 (Call 10/22/40)(a)		400		314,300
3.84%, 04/22/51 (Call 10/22/50)(a)(c)		400		297,636
3.93%, 01/19/38 (Call 07/19/37)(a)		200		171,508
3.94%, 04/22/61 (Call 10/22/60)(a)		200		145,332
3.98%, 04/11/29 (Call 01/11/29)(a)		400		381,416
4.53%, 04/11/49 (Call 10/11/48)(a)(c)		200		169,194
Vigorous Champion International Ltd., 2.75%, 06/02/25(a)		200		191,834
Weibo Corp., 3.38%, 07/08/30 (Call 04/08/30)		200		172,988
West China Cement Ltd., 4.95%, 07/08/26 (Call 07/08/24)(a)		200		147,750

Security	Par (000)		Value
China (continued)
Westwood Group Holdings Ltd., 2.80%, 01/20/26(a)	$	200	$	183,938
Xiaomi Best Time International Ltd.
2.88%, 07/14/31 (Call 04/14/31)(a)		200		166,652
3.38%, 04/29/30 (Call 01/29/30)(a)		200		177,402
Yanlord Land HK Co. Ltd., 5.13%, 05/20/26 (Call 05/20/24)(a)		200		138,125
Yunda Holding Investment Ltd., 2.25%, 08/19/25(a)		200		185,684
ZhongAn Online P&C Insurance Co. Ltd., 3.13%, 07/16/25 (Call 04/16/25)(a)		200		186,687
				40,003,527
Colombia — 4.2%
ABRA Global Finance, 11.50%, 03/02/28, (5.50% PIK)(a)(f)		734		550,551
AI Candelaria Spain SA, 5.75%, 06/15/33 (Call 06/15/28)(a)		400		311,000
Avianca Midco 2 PLC
9.00%, 12/01/28 (Call 12/01/24)(b)		450		401,625
9.00%, 12/01/28 (Call 12/01/24)(a)		950		847,875
Banco Davivienda SA, 6.65%, (Call 04/22/31), (10-year CMT + 5.097%)(a)(d)(e)		400		281,320
Banco de Bogota SA, 6.25%, 05/12/26(a)		800		786,760
Bancolombia SA
4.63%, 12/18/29 (Call 12/18/24), (5-year CMT + 2.944%)(c)(e)		400		373,200
6.91%, 10/18/27, (5-year CMT + 2.929%)(e)		600		587,853
Canacol Energy Ltd., 5.75%, 11/24/28 (Call 11/24/24)(a)		400		274,244
Colombia Telecomunicaciones SA ESP, 4.95%, 07/17/30 (Call 04/17/30)(a)		400		257,800
Ecopetrol SA
4.63%, 11/02/31 (Call 08/02/31)		1,000		819,200
5.38%, 06/26/26 (Call 03/26/26)(c)		1,235		1,215,796
5.88%, 05/28/45		1,500		1,108,050
5.88%, 11/02/51 (Call 05/02/51)		650		463,255
6.88%, 04/29/30 (Call 01/29/30)(c)		1,600		1,552,640
7.38%, 09/18/43(c)		800		729,600
8.38%, 01/19/36 (Call 10/19/35)		750		757,650
8.63%, 01/19/29 (Call 12/19/28)(c)		858		906,262
8.88%, 01/13/33 (Call 10/13/32)(c)		1,790		1,888,181
EnfraGen Energia Sur SA / EnfraGen Spain SA / Prime Energia SpA, 5.38%, 12/30/30(a)		600		466,500
Geopark Ltd., 5.50%, 01/17/27 (Call 02/12/24)(a)		400		354,750
Grupo Aval Ltd., 4.38%, 02/04/30 (Call 11/04/29)(a)		800		659,920
Grupo de Inversiones Suramericana SA, 5.50%, 04/29/26(a)		400		388,850
Promigas SA ESP/Gases del Pacifico SAC, 3.75%, 10/16/29 (Call 07/16/29)(a)		400		346,750
SierraCol Energy Andina LLC, 6.00%, 06/15/28 (Call 06/15/24)(a)		600		501,938
Transportadora de Gas Internacional SA ESP, 5.55%, 11/01/28 (Call 08/01/28)(a)		400		390,375
				17,221,945
Czech Republic — 0.1%
Allwyn Entertainment Financing U.K. PLC, 7.88%, 04/30/29(a)		600		610,182
Ghana — 0.4%
Kosmos Energy Ltd., 7.13%, 04/04/26 (Call 02/12/24)(a)		600		576,750

4

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2024	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Ghana (continued)
Tullow Oil PLC, 10.25%, 05/15/26 (Call 02/12/24)(a)	$	1,314	$	1,201,078
				1,777,828
Guatemala — 0.8%
Central American Bottling Corp./CBC Bottling Holdco SL/Beliv Holdco SL, 5.25%, 04/27/29 (Call 04/27/26)(a)		1,050		976,500
CT Trust, 5.13%, 02/03/32 (Call 02/03/27)(a)		800		696,000
Investment Energy Resources Ltd., 6.25%, 04/26/29 (Call 04/26/25)(a)		600		567,888
Millicom International Cellular SA
4.50%, 04/27/31 (Call 04/27/26)(a)(c)		800		667,000
6.25%, 03/25/29 (Call 03/25/24)(a)		540		514,688
				3,422,076
Hong Kong — 4.0%
AIA Group Ltd.
2.70%, (Call 04/07/26), (5-year CMT + 1.758%)(a)(d)(e)		200		184,500
3.20%, 03/11/25 (Call 12/11/24)(a)		200		196,106
3.20%, 09/16/40 (Call 03/16/40)(a)(c)		600		447,594
3.38%, 04/07/30 (Call 01/07/30)(a)		200		184,794
3.60%, 04/09/29 (Call 01/09/29)(a)		200		189,344
3.90%, 04/06/28 (Call 01/06/28)(a)		200		193,756
4.50%, 03/16/46 (Call 09/16/45)(a)		200		179,488
4.95%, 04/04/33 (Call 01/04/33)(a)		400		402,848
5.63%, 10/25/27 (Call 09/25/27)(a)		200		206,398
Bank of Communications Hong Kong Ltd.
2.30%, 07/08/31 (Call 07/08/26), (5-year CMT + 1.400%)(a)(e)		250		232,740
3.73%, (Call 03/03/25), (5-year CMT + 2.525%)(a)(d)(e)		250		244,062
Bank of East Asia Ltd. (The)
4.00%, 05/29/30 (Call 05/29/25), (5-year CMT + 3.750%)(a)(e)		250		237,500
5.83%, (Call 10/21/25), (5-year CMT + 5.527%)(a)(d)(e)		250		223,438
5.88%, (Call 09/19/24), (5-year CMT + 4.257%)(a)(d)(e)		250		237,031
CAS Capital No. 1 Ltd., 4.00%, (Call 07/12/26), (5-year CMT + 3.642%)(a)(d)(e)		200		172,500
Castle Peak Power Finance Co. Ltd., 3.25%, 07/25/27(a)		200		191,746
Cathay Pacific MTN Financing HK Ltd., 4.88%, 08/17/26(a)		200		195,500
China CITIC Bank International Ltd.
4.63%, 02/28/29 (Call 02/28/24), (5-year CMT + 2.250%)(a)(e)		250		249,745
4.80%, (Call 04/22/27), (5-year CMT + 2.104%)(a)(d)(e)		250		245,234
CLP Power HK Finance Ltd., 3.55%, (Call 02/06/25), (5-year CMT + 2.041%)(a)(d)(e)		400		389,700
FWD Group Holdings Ltd.
6.38%, (Call 09/13/24), (5-year CMT + 4.876%)(a)(d)(e)		250		228,750
8.05%, (Call 06/15/24), (5-year CMT + 4.865%)(a)(d)(e)		200		186,750
Henderson Land MTN Ltd., 2.38%, 05/27/25(a)		200		191,466
HKT Capital No. 4 Ltd., 3.00%, 07/14/26(a)		200		190,608
HKT Capital No. 5 Ltd., 3.25%, 09/30/29(a)		200		181,352
HKT Capital No. 6 Ltd., 3.00%, 01/18/32 (Call 10/18/31)(a)		200		170,924

Security	Par (000)		Value
Hong Kong (continued)
Hongkong Electric Finance Ltd.
1.88%, 08/27/30 (Call 02/27/30)(a)	$	200	$	167,682
2.88%, 05/03/26(a)		200		191,286
Hongkong Land Finance Cayman Islands Co. Ltd. (The)
2.25%, 07/15/31 (Call 04/15/31)(a)		200		161,792
2.88%, 05/27/30 (Call 02/27/30)(a)		200		174,532
HPHT Finance 21 II Ltd., 1.50%, 09/17/26 (Call 08/17/26)(a)		200		182,484
HPHT Finance 21 Ltd., 2.00%, 03/19/26 (Call 02/19/26)(a)		200		187,566
Hysan MTN Ltd., 2.82%, 09/04/29(a)		400		343,980
IFC Development Corporate Treasury Ltd., 3.63%, 04/17/29(a)		200		186,902
Inventive Global Investments Ltd., 1.65%, 09/03/25(a)		200		188,718
JMH Co. Ltd., 2.50%, 04/09/31 (Call 01/09/31)(a)		200		168,196
Joy Treasure Assets Holdings Inc., 3.50%, 09/24/29 (Call 06/24/29)(a)		200		179,728
Li & Fung Ltd., 5.25%, (Call 05/03/24)(a)(d)		200		90,063
Link Finance Cayman 2009 Ltd. (The)
2.75%, 01/19/32(a)		200		167,584
2.88%, 07/21/26(a)		200		190,278
Melco Resorts Finance Ltd.
4.88%, 06/06/25 (Call 03/01/24)(a)		600		585,000
5.25%, 04/26/26 (Call 03/01/24)(a)(c)		600		573,000
5.38%, 12/04/29 (Call 12/04/24)(a)		1,000		886,250
5.63%, 07/17/27 (Call 03/01/24)(a)(c)		600		564,912
5.75%, 07/21/28 (Call 03/01/24)(a)		800		744,000
MTR Corp. Ltd., 1.63%, 08/19/30(a)		400		336,508
Nan Fung Treasury III Ltd., 5.00%, (Call 03/01/24)(a)(d)		200		133,125
Nan Fung Treasury Ltd., 3.63%, 08/27/30(a)		200		165,964
Nanyang Commercial Bank Ltd.
3.80%, 11/20/29 (Call 11/20/24), (5-year CMT + 2.180%)(a)(e)		250		245,050
6.50%, (Call 04/28/27), (5-year CMT + 3.509%)(a)(d)(e)		250		246,875
New World China Land Ltd., 4.75%, 01/23/27(a)		200		170,000
NWD Finance BVI Ltd.
4.13%, (Call 03/10/28), (5-year CMT + 5.858%)(a)(d)(e)		400		208,600
4.80%, (Call 03/01/24)(a)(d)		400		161,000
5.25%, (Call 03/22/26), (5-year CMT + 7.889%)(a)(d)(e)		200		130,500
6.25%, (Call 03/07/24)(a)(d)		200		102,500
NWD MTN Ltd., 4.13%, 07/18/29(a)		200		149,940
Panther Ventures Ltd., 3.50%, (Call 03/01/24)(a)(d)		200		119,250
PCPD Capital Ltd., 5.13%, 06/18/26 (Call 06/18/24)(a)		200		156,375
Phoenix Lead Ltd., 4.85%, (Call 08/23/24)(a)(d)		200		160,000
Prudential Funding Asia PLC
2.95%, 11/03/33 (Call 08/03/28), (5-year CMT + 1.517%)(a)(e)		200		176,148
3.13%, 04/14/30		200		180,860
4.88%, (Call 04/20/24)(a)(d)		200		166,930
Seaspan Corp., 5.50%, 08/01/29 (Call 08/01/24)(a)		200		170,262
Sun Hung Kai Properties Capital Market Ltd.
2.75%, 05/13/30 (Call 02/13/30)(a)		200		173,636
2.88%, 01/21/30(a)		200		176,024
3.75%, 02/25/29(a)		200		188,416
Swire Pacific MTN Financing HK Ltd., 2.88%, 01/30/30 (Call 10/30/29)(a)		200		177,552

5

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2024	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Hong Kong (continued)
Swire Properties MTN Financing Ltd., 3.63%, 01/13/26(a)	$	200	$	194,836
Wharf REIC Finance BVI Ltd., 3.50%, 01/17/28(a)		200		187,706
Wheelock MTN BVI Ltd., 2.38%, 01/25/26(a)		200		189,008
				16,354,892
Hungary — 0.2%
OTP Bank Nyrt
7.50%, 05/25/27, (1-year CMT + 3.711%)(a)		400		411,000
8.75%, 05/15/33 (Call 02/15/28), (5-year CMT + 5.060%)(a)(e)		500		515,100
				926,100
India — 4.5%
ABJA Investment Co. Pte Ltd., 5.45%, 01/24/28(a)		400		398,250
Adani Electricity Mumbai Ltd., 3.95%, 02/12/30(a)		400		340,750
Adani Ports & Special Economic Zone Ltd.
3.10%, 02/02/31(a)		200		159,500
4.00%, 07/30/27 (Call 06/30/27)(a)		200		183,250
4.20%, 08/04/27 (Call 02/04/27)(a)		400		368,750
4.38%, 07/03/29(a)		400		357,625
Adani Transmission Step-One Ltd., 4.00%, 08/03/26(a)		200		187,250
Axis Bank Ltd./Gandhinagar, 4.10%, (Call 09/08/26), (5-year CMT + 3.315%)(a)(d)(e)		200		183,750
Bharat Petroleum Corp. Ltd., 4.00%, 05/08/25(a)		200		196,600
Bharti Airtel Ltd.
3.25%, 06/03/31 (Call 03/05/31)(a)		200		175,690
4.38%, 06/10/25(a)		400		394,138
BPRL International Singapore Pte Ltd., 4.38%, 01/18/27(a)		400		390,428
CA Magnum Holdings, 5.38%, 10/31/26 (Call 02/12/24)(a)		600		560,250
Delhi International Airport Ltd.
6.13%, 10/31/26(a)		400		395,640
6.45%, 06/04/29(a)		200		196,700
Greenko Dutch BV, 3.85%, 03/29/26 (Call 03/01/24)(a)		370		347,916
Greenko Power II Ltd., 4.30%, 12/13/28 (Call 12/14/24)(a)		540		491,467
Greenko Solar Mauritius Ltd., 5.95%, 07/29/26 (Call 03/01/24)(a)		200		195,680
Greenko Wind Projects Mauritius Ltd., 5.50%, 04/06/25 (Call 04/06/24)(a)		400		392,000
HDFC Bank Ltd., 3.70%, (Call 08/25/26), (5-year CMT + 2.925%)(a)(d)(e)		600		550,125
HDFC Bank Ltd./Gandhinagar, 5.69%, 03/02/26(a)		400		403,772
Hindustan Petroleum Corp. Ltd., 4.00%, 07/12/27(a)		200		192,542
ICICI Bank Ltd./Dubai
3.80%, 12/14/27(a)		200		191,474
4.00%, 03/18/26(a)		450		439,906
Indian Railway Finance Corp. Ltd.
2.80%, 02/10/31(a)		400		341,196
3.25%, 02/13/30(a)		200		179,444
3.57%, 01/21/32(a)(c)		400		355,032
3.84%, 12/13/27(a)		200		190,629
JSW Hydro Energy Ltd., 4.13%, 05/18/31 (Call 05/18/26)(a)		322		281,348
JSW Steel Ltd.
3.95%, 04/05/27 (Call 10/05/26)(a)		200		185,750
5.05%, 04/05/32 (Call 10/05/31)(a)		200		176,500

Security	Par (000)		Value
India (continued)
Network i2i Ltd.
3.98%, (Call 03/03/26), (5-year CMT + 3.390%)(a)(d)(e)	$	400	$	374,875
5.65%, (Call 01/15/25), (5-year CMT + 4.274%)(a)(d)(e)		600		592,875
NTPC Ltd., 4.25%, 02/26/26(a)		200		196,910
Oil India International Pte Ltd., 4.00%, 04/21/27(a)		200		193,002
Oil India Ltd., 5.13%, 02/04/29(a)		400		399,696
ONGC Videsh Vankorneft Pte Ltd., 3.75%, 07/27/26(a)		200		193,120
Periama Holdings LLC/DE, 5.95%, 04/19/26(a)		400		394,000
Power Finance Corp. Ltd.
3.35%, 05/16/31(a)		200		174,690
3.95%, 04/23/30(a)(c)		400		369,480
4.50%, 06/18/29(a)		400		385,328
6.15%, 12/06/28(a)		200		207,390
REC Ltd.
2.25%, 09/01/26(a)		400		370,576
5.63%, 04/11/28(a)		400		404,152
Reliance Industries Ltd.
2.88%, 01/12/32(a)		800		679,200
3.63%, 01/12/52(a)		900		645,237
3.67%, 11/30/27(a)		500		477,930
3.75%, 01/12/62(a)		400		281,860
4.88%, 02/10/45(a)		250		227,745
6.25%, 10/19/40(a)		250		266,000
ReNew Wind Energy AP2/ReNew Power Pvt Ltd. other 9 Subsidiaries, 4.50%, 07/14/28 (Call 02/12/24)(a)		400		360,500
State Bank of India, 4.88%, 05/05/28(a)		400		398,536
State Bank of India/London, 1.80%, 07/13/26(a)		200		185,048
UPL Corp. Ltd., 4.63%, 06/16/30(a)		200		172,875
Vedanta Resources Finance II PLC
9.25%, 04/23/26 (Call 03/01/24)(a)		200		159,300
13.88%, 12/09/28 (Call 09/11/24)(a)		800		692,000
Wipro IT Services LLC, 1.50%, 06/23/26 (Call 05/23/26)(a)		400		368,496
				18,574,173
Indonesia — 2.5%
Bank Mandiri Persero Tbk PT, 4.75%, 05/13/25(a)		400		396,625
Bank Negara Indonesia Persero Tbk PT
3.75%, 03/30/26(a)		400		382,125
4.30%, (Call 03/24/27), (5-year CMT + 3.466%)(a)(d)(e)		600		543,375
Cikarang Listrindo Tbk PT, 4.95%, 09/14/26 (Call 03/04/24)(a)		600		578,250
Freeport Indonesia PT
4.76%, 04/14/27 (Call 03/14/27)(a)		700		686,000
5.32%, 04/14/32 (Call 01/01/32)(a)		1,200		1,162,632
6.20%, 04/14/52 (Call 10/14/51)(a)		700		675,850
Indika Energy Capital IV Pte Ltd., 8.25%, 10/22/25 (Call 03/04/24)(a)		500		500,156
Indofood CBP Sukses Makmur Tbk PT
3.40%, 06/09/31 (Call 12/09/30)(a)		1,000		862,800
3.54%, 04/27/32 (Call 10/27/31)(a)		400		343,544
4.75%, 06/09/51 (Call 12/09/50)(a)		600		472,566
LLPL Capital Pte Ltd., 6.88%, 02/04/39(a)		483		464,053
Medco Bell Pte Ltd., 6.38%, 01/30/27 (Call 03/04/24)(a)		600		577,500
Medco Maple Tree Pte Ltd., 8.96%, 04/27/29 (Call 10/27/25)(a)		400		409,000

6

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2024	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Indonesia (continued)
Minejesa Capital BV
4.63%, 08/10/30(a)	$	1,000	$	946,360
5.63%, 08/10/37(a)		800		694,000
Star Energy Geothermal Darajat II/Star Energy Geothermal Salak, 4.85%, 10/14/38 (Call 10/14/29)(a)		800		732,750
				10,427,586
Israel — 3.5%
Bank Hapoalim BM, 3.26%, 01/21/32 (Call 10/21/26), (5-year CMT + 2.155%)(a)(b)(e)		800		701,500
Bank Leumi Le-Israel BM
3.28%, 01/29/31 (Call 01/29/26), (5-year CMT + 1.631%)(b)(e)		400		361,625
5.13%, 07/27/27 (Call 06/27/27)(a)(b)		400		391,875
7.13%, 07/18/33 (Call 04/18/28), (5-year CMT + 3.466%)(a)(b)(e)		400		388,375
Energian Israel Finance Ltd.
4.88%, 03/30/26 (Call 12/30/25)(a)(b)		455		418,600
5.38%, 03/30/28 (Call 09/30/27)(a)(b)		530		461,763
5.88%, 03/30/31 (Call 09/30/30)(a)(b)		400		333,000
8.50%, 09/30/33(a)(b)		570		534,660
ICL Group Ltd., 6.38%, 05/31/38 (Call 11/30/37)(a)(b)		535		501,228
Israel Discount Bank Ltd., 5.38%, 01/26/28 (Call 12/26/27)(b)		600		582,375
Israel Electric Corp. Ltd.
3.75%, 02/22/32(a)(b)		400		334,500
4.25%, 08/14/28(a)(b)		600		554,250
Leviathan Bond Ltd.
6.13%, 06/30/25 (Call 03/30/25)(a)(b)		520		499,850
6.50%, 06/30/27 (Call 12/30/26)(a)(b)		400		371,375
6.75%, 06/30/30 (Call 12/30/29)(a)(b)		425		380,673
Mizrahi Tefahot Bank Ltd., 3.08%, 04/07/31 (Call 04/07/26), (5-year CMT + 2.250%)(a)(b)(e)		400		357,250
Teva Pharmaceutical Finance Co. LLC, 6.15%, 02/01/36(c)		600		572,034
Teva Pharmaceutical Finance Netherlands III BV
3.15%, 10/01/26(c)		2,425		2,255,250
4.10%, 10/01/46		1,500		995,625
4.75%, 05/09/27 (Call 02/09/27)		800		768,024
5.13%, 05/09/29 (Call 02/09/29)(c)		750		720,232
6.75%, 03/01/28 (Call 12/01/27)(c)		900		919,125
7.88%, 09/15/29 (Call 06/15/29)		400		430,000
8.13%, 09/15/31 (Call 06/15/31)		400		438,000
				14,271,189
Jordan — 0.1%
Hikma Finance USA LLC, 3.25%, 07/09/25(a)		400		381,500
Kazakhstan — 1.6%
KazMunayGas National Co. JSC
3.50%, 04/14/33 (Call 10/14/32)(a)		600		490,200
4.75%, 04/19/27(a)		1,000		972,812
5.38%, 04/24/30(a)		1,000		977,000
5.75%, 04/19/47(a)		1,200		1,039,800
6.38%, 10/24/48(a)		1,300		1,196,000
Tengizchevroil Finance Co. International Ltd.
2.63%, 08/15/25 (Call 05/15/25)(a)		400		377,600
3.25%, 08/15/30 (Call 02/15/30)(a)		800		656,000
4.00%, 08/15/26(a)		900		846,473
				6,555,885

Security	Par (000)		Value
Kuwait — 1.7%
Boubyan Sukuk Ltd., 3.39%, 03/29/27(a)	$	400	$	381,000
Burgan Bank SAK
2.75%, 12/15/31 (Call 09/15/26), (5-year CMT + 2.229%)(a)(e)		400		334,250
5.75%, (Call 07/09/24), (5-year CMT + 4.007%)(a)(d)(e)		400		392,125
Kuwait Projects Co. SPC Ltd.
4.23%, 10/29/26(a)		600		525,750
4.50%, 02/23/27(a)		400		345,500
MEGlobal BV
2.63%, 04/28/28 (Call 01/28/28)(a)		600		535,875
4.25%, 11/03/26(a)		1,200		1,155,000
MEGlobal Canada ULC
5.00%, 05/18/25(a)		800		788,750
5.88%, 05/18/30(a)		600		608,063
NBK SPC Ltd., 1.63%, 09/15/27 (Call 09/15/26), (1-day SOFR + 1.050%)(a)(e)		1,000		907,187
NBK Tier 1 Financing 2 Ltd., 4.50%, (Call 08/27/25)(a)(d)(e)		600		573,750
NBK Tier 1 Ltd., 3.63%, (Call 08/24/26)(a)(d)(e)		600		542,063
				7,089,313
Luxembourg — 0.5%
Altice Financing SA
5.00%, 01/15/28 (Call 03/01/24)(a)		800		715,000
5.75%, 08/15/29		1,600		1,388,000
				2,103,000
Macau — 3.3%
Champion Path Holdings Ltd.
4.50%, 01/27/26 (Call 02/12/24)(a)		400		376,625
4.85%, 01/27/28 (Call 01/27/25)(a)		500		438,594
Industrial & Commercial Bank of China Macau Ltd., 2.88%, 09/12/29 (Call 09/12/24), (5-year CMT + 1.650%)(a)(e)		200		196,664
MGM China Holdings Ltd.
4.75%, 02/01/27 (Call 02/12/24)(a)		800		748,000
5.25%, 06/18/25 (Call 02/12/24)(a)		400		388,875
5.88%, 05/15/26 (Call 02/12/24)(a)		700		680,288
Sands China Ltd.
2.55%, 03/08/27 (Call 02/08/27)		600		541,680
3.10%, 03/08/29 (Call 01/08/29)		600		516,938
3.50%, 08/08/31 (Call 05/08/31)		500		413,906
4.05%, 01/08/26 (Call 12/08/25)		600		576,000
4.63%, 06/18/30 (Call 03/18/30)		600		546,562
5.38%, 08/08/25 (Call 06/08/25)		1,600		1,576,000
5.65%, 08/08/28 (Call 05/08/28)		1,800		1,763,280
Studio City Finance Ltd.
5.00%, 01/15/29 (Call 03/01/24)(a)		900		765,000
6.50%, 01/15/28 (Call 03/01/24)(a)		600		555,000
Wynn Macau Ltd.
5.13%, 12/15/29 (Call 12/15/24)(a)		800		709,000
5.50%, 01/15/26 (Call 03/01/24)(a)		1,000		966,250
5.50%, 10/01/27 (Call 02/12/24)(a)		600		562,312
5.63%, 08/26/28 (Call 02/12/24)(a)		1,200		1,110,600
				13,431,574
Malaysia — 1.5%
Axiata SPV2 Bhd
2.16%, 08/19/30 (Call 05/19/30)(a)		400		338,920
4.36%, 03/24/26(a)		400		393,700
Axiata SPV5 Labuan Ltd., 3.06%, 08/19/50 (Call 02/19/50)(a)		1,000		674,480

7

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2024	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Malaysia (continued)
CIMB Bank Bhd, 2.13%, 07/20/27(a)	$	600	$	548,724
Genm Capital Labuan Ltd., 3.88%, 04/19/31 (Call 01/19/31)(a)		800		685,000
Gohl Capital Ltd., 4.25%, 01/24/27(a)		1,200		1,148,100
Misc Capital Two Labuan Ltd., 3.75%, 04/06/27 (Call 03/06/27)(a)		600		575,556
RHB Bank Bhd, 1.66%, 06/29/26(a)		400		369,616
TNB Global Ventures Capital Bhd
3.24%, 10/19/26(a)		600		572,916
4.85%, 11/01/28(a)		700		698,446
				6,005,458
Mexico — 5.0%
Alfa SAB de CV, 6.88%, 03/25/44 (Call 09/25/43)(a)		200		197,375
Alpek SAB de CV
3.25%, 02/25/31 (Call 11/25/30)(a)		200		166,688
4.25%, 09/18/29 (Call 06/18/29)(a)		200		182,525
Alsea SAB de CV, 7.75%, 12/14/26 (Call 01/29/24)(a)		200		202,200
America Movil SAB de CV
2.88%, 05/07/30 (Call 02/07/30)		400		356,648
3.63%, 04/22/29 (Call 01/22/29)		200		188,500
4.38%, 07/16/42		400		354,000
4.38%, 04/22/49 (Call 10/22/48)(c)		400		349,000
4.70%, 07/21/32 (Call 04/21/32)		400		392,000
6.13%, 03/30/40		600		646,188
6.38%, 03/01/35		350		387,625
Banco Inbursa SA Institucion De Banca Multiple Grupo Financiero Inbursa, 4.38%, 04/11/27 (Call 01/11/27)(a)		300		287,700
Banco Mercantil del Norte SA/Grand Cayman
5.88%, (Call 01/24/27), (5-year CMT + 4.643%)(a)(d)(e)		200		186,500
6.63%, (Call 01/24/32), (10-year CMT + 5.034%)(a)(d)(e)		200		169,000
6.75%, (Call 09/27/24), (5-year CMT + 4.967%)(a)(c)(d)(e)		200		197,560
7.50%, (Call 06/27/29), (10-year CMT + 5.470%)(a)(d)(e)		200		189,500
7.63%, , (10-year CMT + 5.353%)(a)(d)(e)		200		191,500
8.38%, (Call 10/14/30), (10-year CMT + 7.760%)(a)(d)(e)		200		196,500
Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand
5.38%, 04/17/25(a)		850		844,012
7.53%, 10/01/28, (5-year CMT + 2.995%)(a)(e)		200		207,250
BBVA Bancomer SA/Texas
1.88%, 09/18/25(a)		200		187,270
5.13%, 01/18/33 (Call 01/17/28), (5-year CMT + 2.650%)(a)(e)		400		364,620
5.88%, 09/13/34 (Call 09/13/29), (5-year CMT + 4.308%)(a)(e)		400		369,340
8.13%, 01/08/39 (Call 01/08/34), (5-year CMT + 4.214%)(b)		200		202,600
8.45%, 06/29/38 (Call 06/29/33), (5-year CMT + 4.661%)(a)(e)		400		415,520
Becle SAB de CV, 2.50%, 10/14/31 (Call 07/14/31)(a)		200		157,500
Bimbo Bakeries USA Inc.
4.00%, 05/17/51 (Call 11/17/50)(a)		200		153,992
5.38%, 01/09/36 (Call 10/09/35)(b)		200		200,800
Borr IHC Ltd./Borr Finance LLC
10.00%, 11/15/28(a)		600		621,000
10.38%, 11/15/30(a)		200		207,000

Security	Par (000)		Value
Mexico (continued)
Braskem Idesa SAPI
6.99%, 02/20/32 (Call 02/20/27)(a)	$	400	$	260,625
7.45%, 11/15/29 (Call 11/15/24)(a)		400		276,380
Buffalo Energy Mexico Holdings/Buffalo Energy Infrastructure/Buffalo Energy, 7.88%, 02/15/39(b)		200		205,780
Cemex SAB de CV
3.88%, 07/11/31 (Call 07/11/26)(a)		200		177,200
5.20%, 09/17/30 (Call 09/17/25)(a)		400		387,780
5.45%, 11/19/29 (Call 11/19/24)(a)		400		394,580
9.13%, (Call 03/14/28), (5-year CMT + 4.907%)(a)(d)(e)		400		423,180
Cemex SAB De CV, 5.13%, (Call 06/08/26), (5-year CMT + 4.534%)(a)(d)(e)		200		189,800
Cibanco SA Ibm/PLA Administradora Industrial S de
RL de CV, 4.96%, 07/18/29 (Call 04/18/29)(a)		200		190,000
Coca-Cola Femsa SAB de CV
1.85%, 09/01/32 (Call 06/01/32)		450		355,500
2.75%, 01/22/30 (Call 10/22/29)		200		179,530
Cometa Energia SA de CV, 6.38%, 04/24/35 (Call 01/24/35)(a)		160		154,235
Fomento Economico Mexicano SAB de CV, 3.50%, 01/16/50 (Call 07/16/49)(c)		550		415,250
Fresnillo PLC, 4.25%, 10/02/50 (Call 04/02/50)(a)		200		149,500
Grupo Aeromexico SAB de CV, 8.50%, 03/17/27 (Call 03/17/24)(a)		200		191,812
Grupo Bimbo SAB de CV
4.00%, 09/06/49(a)		200		155,500
4.70%, 11/10/47 (Call 05/10/47)(a)		400		348,000
4.88%, 06/27/44(a)		200		180,806
Grupo Televisa SAB
5.00%, 05/13/45 (Call 11/13/44)		200		169,160
5.25%, 05/24/49 (Call 11/24/48)(c)		200		174,500
6.13%, 01/31/46 (Call 06/30/45)		200		196,000
6.63%, 01/15/40(c)		400		416,000
Industrias Penoles SAB de CV
4.15%, 09/12/29 (Call 06/12/29)(a)		200		184,750
4.75%, 08/06/50 (Call 02/06/50)(a)		400		313,000
Infraestructura Energetica Nova SAPI de CV, 4.75%, 01/15/51 (Call 07/15/50)(a)		400		306,000
Kimberly-Clark de Mexico SAB de CV, 2.43%, 07/01/31 (Call 04/01/31)(a)		200		171,000
Minera Mexico SA de CV, 4.50%, 01/26/50 (Call 07/26/49)(a)		400		311,000
Nemak SAB de CV, 3.63%, 06/28/31 (Call 03/28/31)(a)		200		160,500
Orbia Advance Corp. SAB de CV
1.88%, 05/11/26 (Call 04/11/26)(a)		200		183,383
2.88%, 05/11/31 (Call 02/11/31)(a)		200		163,000
4.00%, 10/04/27 (Call 07/04/27)(a)		200		188,500
5.50%, 01/15/48 (Call 07/15/47)(a)		200		167,000
5.88%, 09/17/44(a)		200		176,000
Sigma Alimentos SA de CV, 4.13%, 05/02/26 (Call 02/02/26)(a)		200		193,375
Sigma Finance Netherlands BV, 4.88%, 03/27/28 (Call 12/27/27)(a)		200		195,000
Southern Copper Corp.
5.25%, 11/08/42		476		449,106
5.88%, 04/23/45(c)		570		569,287
6.75%, 04/16/40		400		443,960
7.50%, 07/27/35(c)		300		347,250
Tierra Mojada Luxembourg II Sarl, 5.75%, 12/01/40(a)		362		315,476

8

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2024	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Mexico (continued)
Total Play Telecomunicaciones SA de CV, 6.38%, 09/20/28 (Call 09/30/25)(a)	$	400	$	174,000
Trust Fibra Uno
4.87%, 01/15/30 (Call 10/30/29)(a)		600		546,000
5.25%, 01/30/26 (Call 10/30/25)(a)		400		391,252
6.39%, 01/15/50 (Call 07/15/49)(a)		200		165,324
6.95%, 01/30/44 (Call 07/30/43)(a)		200		175,376
				20,652,570
Moldova — 0.1%
Aragvi Finance International DAC, 8.45%, 04/29/26 (Call 04/29/24)(a)		400		285,125
Morocco — 0.5%
OCP SA
3.75%, 06/23/31 (Call 03/23/31)(a)		700		589,645
4.50%, 10/22/25(a)		400		384,500
5.13%, 06/23/51 (Call 12/23/50)(a)		800		574,800
6.88%, 04/25/44(a)		400		366,500
				1,915,445
Nigeria — 0.7%
Access Bank PLC
6.13%, 09/21/26(a)		600		550,687
9.13%, (Call 10/07/26), (5-year CMT + 8.070%)(a)(d)(e)		400		366,600
IHS Holding Ltd.
5.63%, 11/29/26 (Call 03/01/24)(a)		400		359,250
6.25%, 11/29/28 (Call 11/29/24)(a)		400		336,000
IHS Netherlands Holdco BV, 8.00%, 09/18/27 (Call 03/01/24)(a)		850		778,016
SEPLAT Energy PLC, 7.75%, 04/01/26 (Call 03/01/24)(a)		600		553,500
				2,944,053
Oman — 0.4%
Bank Muscat SAOG, 4.75%, 03/17/26(a)		400		391,500
Otel Sukuk Ltd., 5.38%, 01/24/31 (Call 10/24/30)(b)		600		593,100
Oztel Holdings SPC Ltd., 6.63%, 04/24/28(a)		550		567,875
				1,552,475
Panama — 0.7%
AES Panama Generation Holdings SRL, 4.38%, 05/31/30 (Call 02/28/30)(a)		1,179		1,007,629
Banco General SA, 4.13%, 08/07/27 (Call 05/07/27)(a)		400		374,625
C&W Senior Financing DAC, 6.88%, 09/15/27 (Call 02/12/24)(a)		1,050		991,484
Telecomunicaciones Digitales SA, 4.50%, 01/30/30 (Call 01/30/25)(a)		600		521,250
				2,894,988
Paraguay — 0.2%
Bioceanico Sovereign Certificate Ltd., 0.00%, 06/05/34(a)(i)		651		467,206
Telefonica Celular del Paraguay SA, 5.88%, 04/15/27 (Call 01/08/24)(a)		400		385,875
				853,081
Peru — 1.7%
Banco de Credito del Peru SA
3.13%, 07/01/30 (Call 07/01/25), (5-year CMT + 3.000%)(a)(c)(e)		800		758,880
3.25%, 09/30/31 (Call 09/30/26), (5-year CMT + 2.450%)(a)(c)(e)		400		363,200
5.85%, 01/11/29 (Call 12/11/28)(b)		400		404,504

Security	Par (000)		Value
Peru (continued)
Cia. De Minas Buenaventur Co., 5.50%, 07/23/26 (Call 03/01/24)(a)	$	400	$	380,000
Consorcio Transmantaro SA
4.70%, 04/16/34(a)(c)		600		561,600
5.20%, 04/11/38 (Call 01/11/38)(a)		400		377,040
Credicorp Ltd., 2.75%, 06/17/25 (Call 05/17/25)(a)		400		381,875
Hunt Oil Co. of Peru LLC Sucursal Del Peru, 8.55%, 09/18/33 (Call 06/18/33)(a)		400		425,360
InRetail Consumer, 3.25%, 03/22/28 (Call 01/22/28)(a)		600		532,875
Kallpa Generacion SA, 4.13%, 08/16/27 (Call 05/16/27)(a)		600		565,500
Lima Metro Line 2 Finance Ltd., 5.88%, 07/05/34(a)		437		429,550
Minsur SA, 4.50%, 10/28/31(a)		400		346,375
Peru LNG Srl, 5.38%, 03/22/30(a)		1,000		818,000
Transportadora de Gas del Peru SA, 4.25%, 04/30/28(a)		800		777,000
				7,121,759
Philippines — 1.3%
BDO Unibank Inc., 2.13%, 01/13/26(a)		600		565,872
Globe Telecom Inc., 4.20%, (Call 08/02/26), (5-year CMT + 5.527%)(a)(d)(e)		600		573,375
JGSH Philippines Ltd., 4.13%, 07/09/30(a)		600		564,000
Manila Water Co. Inc., 4.38%, 07/30/30 (Call 07/30/25)(a)		400		374,000
Metropolitan Bank & Trust Co., 2.13%, 01/15/26(a)		400		374,625
Petron Corp., 5.95%, (Call 04/19/26), (5-year CMT + 7.574%)(a)(d)(e)		400		380,750
San Miguel Corp., 5.50%, (Call 07/29/25), (5-year CMT + 10.237%)(a)(d)(e)		400		380,750
SMC Global Power Holdings Corp.
5.45%, (Call 12/09/26), (5-year CMT + 7.155%)(a)(d)(e)		600		487,875
5.70%, (Call 01/21/26), (5-year CMT + 6.554%)(a)(d)(e)		600		511,500
6.50%, (Call 04/25/24), (5-year CMT + 6.608%)(a)(d)(e)		700		672,000
7.00%, (Call 10/21/25), (5-year CMT + 9.199%)(a)(d)(e)		600		551,813
				5,436,560
Poland — 0.2%
Canpack SA/Canpack U.S. LLC, 3.88%, 11/15/29 (Call 11/15/24)(a)		700		616,168
Qatar — 2.8%
ABQ Finance Ltd.
1.88%, 09/08/25(a)		600		563,063
2.00%, 07/06/26(a)		400		367,750
CBQ Finance Ltd.
2.00%, 09/15/25(a)		400		377,000
2.00%, 05/12/26(a)		600		553,875
Commercial Bank PSQC (The), 4.50%, (Call 03/03/26), (5-year CMT + 3.874%)(a)(d)(e)		400		366,375
Doha Finance Ltd., 2.38%, 03/31/26(a)		500		463,281
MAR Sukuk Ltd., 2.21%, 09/02/25(a)		600		568,688
Nakilat Inc., 6.07%, 12/31/33(a)		583		597,455
Ooredoo International Finance Ltd.
2.63%, 04/08/31(a)		1,000		863,175
3.75%, 06/22/26(a)		400		389,500
3.88%, 01/31/28(a)		600		582,000
4.50%, 01/31/43(a)		400		369,656
5.00%, 10/19/25(a)		600		596,250

9

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2024	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Qatar (continued)
QIB Sukuk Ltd., 1.95%, 10/27/25(a)	$	900	$	846,562
QNB Finance Ltd.
1.38%, 01/26/26(a)		850		784,656
1.63%, 09/22/25(a)		600		562,313
2.63%, 05/12/25(a)		800		768,500
2.75%, 02/12/27(a)		900		840,094
Ras Laffan Liquefied Natural Gas Co. Ltd. III
5.84%, 09/30/27(a)		587		592,832
6.33%, 09/30/27(a)		493		501,080
				11,554,105
Saudi Arabia — 4.5%
Al Rajhi Sukuk Ltd., 4.75%, 04/05/28(a)		400		397,500
Almarai Co. JSC, 5.23%, 07/25/33(a)		200		201,060
ANB Sukuk Ltd., 3.33%, 10/28/30 (Call 10/28/25), (5-year CMT + 2.974%)(a)(e)		400		382,000
Arabian Centres Sukuk II Ltd., 5.63%, 10/07/26(a)		400		365,500
Banque Saudi Fransi, 4.75%, 05/31/28(a)		400		393,875
BSF Finance, 5.50%, 11/23/27(a)		400		404,750
Dar Al-Arkan Sukuk Co. Ltd., 8.00%, 02/25/29(a)		200		203,750
EIG Pearl Holdings Sarl
3.55%, 08/31/36(a)		600		502,500
4.39%, 11/30/46(a)		500		382,910
Greensaif Pipelines Bidco Sarl
6.13%, 02/23/38(a)		600		611,400
6.51%, 02/23/42(a)		800		816,000
Riyad Sukuk Ltd., 3.17%, 02/25/30 (Call 02/25/25), (5-year CMT + 1.791%)(a)(e)		600		577,875
Riyad Tier 1 Sukuk Ltd., 4.00%, (Call 02/16/27), (5-year CMT + 2.170%)(a)(d)(e)		400		368,875
SA Global Sukuk Ltd.
1.60%, 06/17/26 (Call 05/17/26)(a)		900		829,125
2.69%, 06/17/31 (Call 03/17/31)(a)		1,400		1,207,500
SABIC Capital I BV
2.15%, 09/14/30 (Call 06/14/30)(a)		400		337,500
3.00%, 09/14/50 (Call 03/14/50)(a)		200		136,250
SABIC Capital II BV, 4.50%, 10/10/28(a)		400		393,240
Salcef Group SpA, 2.90%, 01/29/27(a)		200		187,250
Saudi Arabian Oil Co.
1.63%, 11/24/25 (Call 10/24/25)(a)		400		375,000
2.25%, 11/24/30 (Call 08/24/30)(a)		800		671,000
3.25%, 11/24/50 (Call 05/24/50)(a)		900		598,500
3.50%, 04/16/29(a)		1,300		1,207,375
3.50%, 11/24/70 (Call 05/24/70)(a)		1,000		635,000
4.25%, 04/16/39(a)		1,400		1,209,075
4.38%, 04/16/49(a)		1,300		1,061,125
Saudi Electricity Global Sukuk Co. 2, 5.06%, 04/08/43(a)		400		373,000
Saudi Electricity Global Sukuk Co. 3, 5.50%, 04/08/44(a)		400		389,500
Saudi Electricity Global Sukuk Co. 4, 4.72%, 09/27/28(a)		600		596,250
Saudi Electricity Global Sukuk Co. 5
1.74%, 09/17/25(a)		400		378,000
2.41%, 09/17/30(a)		200		171,500
Saudi Electricity Sukuk Programme Co.
4.63%, 04/11/33(a)		400		389,000
5.68%, 04/11/53(a)		400		388,000
Saudi Telecom Co., 3.89%, 05/13/29(a)		600		564,000
SNB Sukuk Ltd., 2.34%, 01/19/27(a)		400		368,875

Security	Par (000)		Value
Saudi Arabia (continued)
TMS Issuer Sarl, 5.78%, 08/23/32(a)	$	600	$	616,500
				18,690,560
Singapore — 2.9%
DBS Group Holdings Ltd.
1.19%, 03/15/27(a)		600		540,276
1.82%, 03/10/31 (Call 03/10/26), (5-year CMT + 1.100%)(a)(e)		400		371,660
3.30%, (Call 02/27/25), (5-year CMT + 1.915%)(a)(d)(e)		600		584,062
GLP Pte Ltd.
3.88%, 06/04/25(a)		800		617,280
4.50%, (Call 05/17/26), (5-year CMT + 3.735%)(a)(d)(e)		600		234,252
Oversea-Chinese Banking Corp. Ltd.
1.83%, 09/10/30 (Call 09/10/25), (5-year CMT + 1.580%)(a)(e)		600		565,827
4.60%, 06/15/32 (Call 06/15/27), (5-year CMT + 1.575%)(a)(e)		600		591,240
Puma International Financing SA, 5.00%, 01/24/26 (Call 02/12/24)(a)		700		661,500
Singapore Airlines Ltd.
3.00%, 07/20/26 (Call 06/20/26)(a)		400		379,772
3.38%, 01/19/29 (Call 11/19/28)(a)		400		371,880
Singapore Telecommunications Ltd., 7.38%, 12/01/31(a)		432		503,764
SingTel Group Treasury Pte Ltd.
1.88%, 06/10/30 (Call 03/10/30)(a)		600		511,092
2.38%, 10/03/26(a)		400		375,348
2.38%, 08/28/29 (Call 05/28/29)(a)		400		356,612
3.25%, 06/30/25(a)		300		293,763
3.88%, 08/28/28 (Call 05/28/28)(a)		400		389,420
ST Engineering RHQ Ltd., 1.50%, 04/29/25 (Call 01/29/25)(a)		400		382,536
Ste Transcore Holdings Inc.
3.38%, 05/05/27 (Call 02/05/27)(a)		600		578,052
4.13%, 05/23/26(a)		400		394,008
United Overseas Bank Ltd, 3.06%, 04/07/25(a)		600		587,154
United Overseas Bank Ltd.
1.25%, 04/14/26(a)		600		557,022
1.75%, 03/16/31 (Call 03/16/26), (5-year CMT + 1.520%)(a)(e)		400		371,056
2.00%, 10/14/31 (Call 10/14/26), (5-year CMT + 1.230%)(a)(c)(e)		600		548,421
3.75%, 04/15/29 (Call 04/15/24), (5-year CMT + 1.500%)(a)(e)		400		398,724
3.86%, 10/07/32 (Call 10/07/27), (5-year CMT + 1.450%)(a)(e)		600		571,764
				11,736,485
South Africa — 2.4%
Absa Group Ltd., 6.38%, (Call 05/27/26), (5-year CMT + 5.411%)(a)(d)(e)		400		380,000
Anglo American Capital PLC
2.63%, 09/10/30 (Call 06/10/30)(a)		800		681,296
2.88%, 03/17/31 (Call 12/17/30)(a)		400		338,512
3.88%, 03/16/29 (Call 01/16/29)(a)		400		375,428
3.95%, 09/10/50(a)		400		300,484
4.75%, 04/10/27(a)		1,600		1,578,768
4.75%, 03/16/52 (Call 09/16/51)(a)		600		515,400
5.50%, 05/02/33(a)		700		700,084
5.63%, 04/01/30(a)		600		607,056

10

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2024	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
South Africa (continued)
Bidvest Group U.K. PLC, 3.63%, 09/23/26 (Call 02/12/24)(a)	$	600	$	558,000
Gold Fields Orogen Holdings BVI Ltd., 6.13%, 05/15/29 (Call 02/15/29)(a)		400		405,750
Liquid Telecommunications Financing PLC, 5.50%, 09/04/26 (Call 03/01/24)(a)		400		249,750
MTN Mauritius Investments Ltd., 6.50%, 10/13/26(a)		400		403,500
Sasol Financing USA LLC
4.38%, 09/18/26 (Call 09/18/25)(c)		400		372,625
5.50%, 03/18/31 (Call 03/18/30)		700		585,375
6.50%, 09/27/28 (Call 06/27/28)(c)		600		566,370
8.75%, 05/03/29 (Call 03/03/29)(a)		700		711,594
Stillwater Mining Co.
4.00%, 11/16/26 (Call 03/01/24)(a)		400		353,250
4.50%, 11/16/29 (Call 11/16/25)(a)		400		313,750
				9,996,992
South Korea — 3.9%
Hana Bank
1.25%, 12/16/26(a)		400		361,440
3.25%, 03/30/27(a)		400		382,064
Hanwha Life Insurance Co. Ltd., 3.38%, 02/04/32 (Call 02/04/27), (5-year CMT + 1.850%)(a)(e)		400		369,108
Hyundai Capital Services Inc., 1.25%, 02/08/26(a)		400		368,816
Kookmin Bank
1.38%, 05/06/26(a)		200		185,138
1.75%, 05/04/25(a)		400		383,768
2.50%, 11/04/30(a)		400		332,720
4.35%, (Call 07/02/24), (5-year CMT + 2.639%)(a)(d)(e)		200		197,937
4.63%, 04/21/28(a)		200		198,950
Korea East-West Power Co. Ltd.
1.75%, 05/06/25(a)		400		383,792
3.60%, 05/06/25(a)		200		196,326
Korea Electric Power Corp., 1.13%, 06/15/25(a)		400		379,300
Korea Gas Corp.
2.88%, 07/16/29(a)		200		182,252
3.50%, 07/21/25(a)(c)		400		391,648
3.50%, 07/02/26(a)		200		193,582
6.25%, 01/20/42(a)		600		678,078
KT Corp., 4.00%, 08/08/25(a)		200		196,906
Kyobo Life Insurance Co. Ltd., 5.90%, 06/15/52 (Call 06/15/27), (5-year CMT + 2.887%)(a)(e)		400		393,400
LG Chem Ltd.
1.38%, 07/07/26(a)		400		365,608
2.38%, 07/07/31(a)		200		164,586
3.63%, 04/15/29(a)		200		186,914
LG Energy Solution Ltd., 5.75%, 09/25/28(a)		200		204,530
NAVER Corp., 1.50%, 03/29/26(a)		400		370,648
NongHyup Bank
1.25%, 07/20/25(a)		400		378,624
4.88%, 07/03/28(a)		200		200,642
POSCO
4.38%, 08/04/25(a)		400		394,468
5.63%, 01/17/26(a)		400		402,748
5.75%, 01/17/28(a)		600		611,790
Shinhan Bank Co. Ltd.
1.38%, 10/21/26(a)		400		364,620
3.88%, 03/24/26(a)		200		193,686
4.38%, 04/13/32(a)(c)		200		183,816
4.50%, 04/12/28(a)		200		198,016
7.28%, 04/24/25, (3-mo. SOFR + 1.962%)(a)(e)		400		404,900

Security	Par (000)		Value
South Korea (continued)
Shinhan Financial Group Co. Ltd.
1.35%, 01/10/26(a)	$	400	$	372,412
2.88%, (Call 05/12/26), (5-year CMT + 2.064%)(a)(d)(e)		400		370,375
3.34%, 02/05/30 (Call 02/05/25), (5-year CMT + 1.500%)(a)(c)(e)		200		194,970
SK Battery America Inc., 2.13%, 01/26/26(a)		400		371,260
SK Hynix Inc.
1.50%, 01/19/26(a)		400		370,028
2.38%, 01/19/31(a)		600		494,352
5.50%, 01/16/29(b)		400		403,560
6.25%, 01/17/26(a)		400		404,888
6.38%, 01/17/28(a)		600		622,098
6.50%, 01/17/33(a)		400		425,984
SK On Co. Ltd., 5.38%, 05/11/26(a)		600		603,270
Woori Bank
0.75%, 02/01/26(a)		400		368,560
2.00%, 01/20/27(a)		200		184,700
4.25%, (Call 10/04/24), (5-year CMT + 2.664%)(a)(d)(e)		200		196,625
4.88%, 01/26/28(a)		400		403,336
				16,187,239
Supranational — 0.6%
Africa Finance Corp., 2.88%, 04/28/28(a)		800		692,000
African Export-Import Bank (The), 2.63%, 05/17/26 (Call 04/17/26)(a)		400		368,125
Eastern & Southern African Trade & Development Bank (The), 4.13%, 06/30/28(a)		600		514,457
Odebrecht Holdco Finance Ltd., 0.00%, 09/10/58 (Call 03/01/24)(a)(i)		400		120
QIB Sukuk Ltd., 5.58%, 11/22/28(a)		800		814,500
				2,389,202
Switzerland — 0.0%
Oriflame Investment Holding PLC, 5.13%, 05/04/26 (Call 01/29/24)(a)		400		110,000
Taiwan — 3.4%
Formosa Group Cayman Ltd., 3.38%, 04/22/25(a)		800		782,096
Foxconn Far East Ltd.
1.63%, 10/28/25(a)		600		562,584
2.50%, 10/28/30(a)		600		510,426
TSMC Arizona Corp.
1.75%, 10/25/26 (Call 09/25/26)		1,200		1,108,236
2.50%, 10/25/31 (Call 07/25/31)		1,200		1,020,084
3.13%, 10/25/41 (Call 04/25/41)		800		634,216
3.25%, 10/25/51 (Call 04/25/51)		1,000		762,220
3.88%, 04/22/27 (Call 03/22/27)		800		782,160
4.13%, 04/22/29 (Call 02/22/29)		600		587,094
4.25%, 04/22/32 (Call 01/22/32)(c)		900		871,992
4.50%, 04/22/52 (Call 10/22/51)(c)		900		861,759
TSMC Global Ltd.
0.75%, 09/28/25 (Call 08/28/25)(a)		800		746,272
1.00%, 09/28/27 (Call 07/28/27)(a)		800		703,112
1.25%, 04/23/26 (Call 03/23/26)(a)		1,000		926,600
1.38%, 09/28/30 (Call 06/28/30)(a)		1,100		889,790
1.75%, 04/23/28 (Call 02/23/28)(a)		700		622,748
2.25%, 04/23/31 (Call 01/23/31)(a)		1,300		1,099,319
4.63%, 07/22/32 (Call 04/22/32)(a)		600		596,448
				14,067,156

11

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2024	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Tanzania — 0.1%
HTA Group Ltd./Mauritius, 7.00%, 12/18/25 (Call 02/12/24)(a)	$	600	$	591,188
Thailand — 2.7%
Bangkok Bank PCL/Hong Kong
3.47%, 09/23/36 (Call 09/23/31), (5-year CMT + 2.150%)(a)(e)		1,000		834,030
3.73%, 09/25/34 (Call 09/25/29), (5-year CMT + 1.900%)(a)(e)		1,200		1,062,300
4.30%, 06/15/27 (Call 05/15/27)(a)		600		587,340
4.45%, 09/19/28(a)		600		586,440
5.00%, , (5-year CMT + 4.729%)(d)(e)		600		584,400
5.30%, 09/21/28(a)		400		404,140
5.50%, 09/21/33(a)		600		608,754
GC Treasury Center Co. Ltd.
2.98%, 03/18/31 (Call 12/18/30)(a)		500		418,975
4.30%, 03/18/51 (Call 09/18/50)(a)(c)		600		440,796
4.40%, 03/30/32 (Call 09/30/31)(a)(c)		600		547,023
Kasikornbank PCL, 5.46%, 03/07/28(a)		600		610,296
Kasikornbank PCL/Hong Kong
3.34%, 10/02/31 (Call 10/02/26), (5-year CMT + 1.700%)(a)(e)		600		555,696
5.28%, (Call 10/14/25), (5-year CMT + 4.940%)(a)(d)(e)		600		584,812
Krung Thai Bank PCL/Cayman Islands, 4.40%, (Call 03/25/26), (5-year CMT + 3.530%)(a)(d)(e)		600		567,750
PTT Treasury Center Co. Ltd., 3.70%, 07/16/70 (Call 01/16/70)(a)(c)		600		420,750
PTTEP Treasury Center Co. Ltd.
2.59%, 06/10/27 (Call 04/10/27)(a)		600		556,074
3.90%, 12/06/59(a)		400		313,532
Siam Commercial Bank PCL/Cayman Islands, 4.40%, 02/11/29(a)		400		388,732
Thaioil Treasury Center Co. Ltd.
3.50%, 10/17/49(a)(c)		400		263,880
3.75%, 06/18/50(a)		600		412,644
5.38%, 11/20/48(a)		600		538,230
				11,286,594
Turkey — 3.0%
Akbank TAS
5.13%, 03/31/25(a)		400		393,875
6.80%, 02/06/26(a)		500		500,000
6.80%, 06/22/31 (Call 06/22/26), (5-year CMT + 6.015%)(a)(e)		400		391,875
Anadolu Efes Biracilik Ve Malt Sanayii AS, 3.38%, 06/29/28 (Call 03/29/28)(a)		400		344,625
Arcelik AS, 8.50%, 09/25/28(a)		400		415,375
Aydem Yenilenebilir Enerji AS, 7.75%, 02/02/27 (Call 03/01/24)(a)		600		562,313
Coca-Cola Icecek AS, 4.50%, 01/20/29 (Call 10/20/28)(a)		400		367,875
KOC Holding AS, 6.50%, 03/11/25 (Call 12/11/24)(a)		700		698,250
Mersin Uluslararasi Liman Isletmeciligi AS, 8.25%, 11/15/28 (Call 11/15/25)(a)		600		618,187
Turkcell Iletisim Hizmetleri AS
5.75%, 10/15/25(a)		400		393,250
5.80%, 04/11/28 (Call 01/11/28)(a)		565		536,220
Turkiye Garanti Bankasi AS, 7.18%, 05/24/27, (5-year USD ICE Swap + 4.220%)(a)(e)		600		591,188

Security	Par (000)		Value
Turkey (continued)
Turkiye Is Bankasi AS
7.75%, 01/22/30 (Call 01/22/25), (5-year CMT + 6.119%)(a)(e)	$	700	$	692,527
9.19%, 06/29/28, (5-year USD Swap + 5.117%)(a)(e)		400		417,500
Turkiye Sise ve Cam Fabrikalari AS, 6.95%, 03/14/26 (Call 12/14/25)(a)		600		598,500
Turkiye Vakiflar Bankasi TAO
6.50%, 01/08/26(a)		700		693,000
9.00%, 10/12/28(a)		600		626,352
Ulker Biskuvi Sanayi AS, 6.95%, 10/30/25(a)		600		587,438
WE Soda Investments Holding PLC, 9.50%, 10/06/28(a)		800		816,000
Yapi ve Kredi Bankasi AS
7.88%, 01/22/31 (Call 01/22/26), (5-year CMT + 7.415%)(a)(e)		600		599,688
9.25%, 10/16/28(a)		800		842,500
9.25%, 01/17/34 (Call 01/17/29), (5-year CMT + 5.278%)(b)		600		612,060
				12,298,598
Ukraine — 0.2%
Metinvest BV, 7.75%, 10/17/29(a)		400		264,000
MHP Lux SA, 6.95%, 04/03/26(a)		500		405,000
				669,000
United Arab Emirates — 4.9%
Abu Dhabi Commercial Bank PJSC
3.50%, 03/31/27(a)		400		380,625
5.38%, 07/18/28		200		202,062
5.50%, 01/12/29(a)		200		203,312
8.00%, , (5-year CMT + 3.524%)(a)		400		424,625
Abu Dhabi National Energy Co. PJSC
2.00%, 04/29/28 (Call 01/29/28)(a)		400		357,000
3.40%, 04/29/51 (Call 10/29/50)(a)		400		283,500
4.00%, 10/03/49(a)		200		160,750
4.38%, 04/23/25(a)		200		197,500
4.38%, 06/22/26(a)		400		394,000
4.38%, 01/24/29(a)		400		392,000
4.70%, 04/24/33(a)		400		393,500
4.88%, 04/23/30(a)		400		401,500
6.50%, 10/27/36(a)		300		341,625
Abu Dhabi Ports Co. PJSC, 2.50%, 05/06/31 (Call 02/06/31)(a)		500		422,344
Adib Capital Invest 3 Ltd., 7.25%, , (5-year CMT + 3.059%)(a)(d)		400		421,750
Aldar Investment Properties Sukuk Ltd., 4.88%, 05/24/33(a)		200		194,188
Aldar Sukuk Ltd., 4.75%, 09/29/25(a)		200		197,500
Aldar Sukuk No. 2 Ltd., 3.88%, 10/22/29(a)		200		186,375
Arada Sukuk Ltd., 8.13%, 06/08/27(a)		200		202,062
BOS Funding Ltd., 7.00%, 03/14/28(a)		200		207,250
Commercial Bank of Dubai PSC
5.32%, 06/14/28(a)		200		199,812
6.00%, (Call 04/21/26)(a)(d)(e)		400		391,000
DIB Sukuk Ltd.
1.96%, 06/22/26(a)		400		371,125
2.74%, 02/16/27(a)		400		374,250
2.95%, 01/16/26(a)		600		573,750
4.80%, 08/16/28(a)		200		198,375
5.49%, 11/30/27(a)		400		407,250
DIB Tier 1 Sukuk 3 Ltd., 6.25%, (Call 01/22/25)(a)(d)(e)		400		397,620

12

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2024	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
United Arab Emirates (continued)
DIB Tier 1 Sukuk 4 Ltd., 4.63%, (Call 05/19/26)(a)(d)(e)	$	400	$	380,500
EI Sukuk Co. Ltd., 1.83%, 09/23/25(a)		400		376,125
Emaar Sukuk Ltd.
3.64%, 09/15/26(a)		200		191,250
3.70%, 07/06/31(a)		200		180,750
3.88%, 09/17/29(a)		400		371,000
Emirates NBD Bank PJSC
1.64%, 01/13/26(a)		400		372,375
4.25%, (Call 02/27/27)(a)(d)(e)		400		363,125
5.63%, 10/21/27(a)		200		203,125
5.88%, 10/11/28(a)		200		206,750
6.13%, (Call 03/20/25)(a)(d)(e)		400		397,500
6.13%, (Call 04/09/26)(a)(d)(e)		200		198,625
Fab Sukuk Co. Ltd.
1.41%, 01/14/26(a)		200		185,313
2.59%, 03/02/27(a)		200		186,438
4.58%, 01/17/28(a)		200		198,063
First Abu Dhabi Bank PJSC
4.38%, 04/24/28(a)		400		391,375
4.50%, (Call 04/05/26), (5-year CMT + 4.138%)(a)(d)(e)		400		382,875
5.13%, 10/13/27(a)		400		402,375
6.32%, 04/04/34 (Call 10/04/28)(a)(e)		400		410,375
Galaxy Pipeline Assets Bidco Ltd.
1.75%, 09/30/27(a)		259		242,071
2.16%, 03/31/34(a)		679		582,291
2.63%, 03/31/36(a)		600		486,570
2.94%, 09/30/40(a)		933		747,079
3.25%, 09/30/40(a)		600		454,080
GEMS MENASA Cayman Ltd./GEMS Education Delaware LLC, 7.13%, 07/31/26 (Call 03/04/24)(a)		400		393,375
MAF Global Securities Ltd., 7.88%, (Call 06/30/27), (5-year CMT + 4.893%)(a)(d)(e)		200		205,812
MAF Sukuk Ltd.
3.93%, 02/28/30(a)		200		186,125
4.64%, 05/14/29(a)		200		194,125
5.00%, 06/01/33(a)		200		195,438
Masdar Abu Dhabi Future Energy Co., 4.88%, 07/25/33(a)		200		196,000
Mashreqbank PSC, 7.88%, 02/24/33 (Call 11/24/27), (5-year CMT + 3.997%)(a)(e)		200		208,437
National Central Cooling Co. PJSC, 2.50%, 10/21/27(a)		200		179,938
Ruwais Power Co. PJSC, 6.00%, 08/31/36(a)		400		396,750
Shelf Drilling Holdings Ltd., 9.63%, 04/15/29(a)		400		386,640
SIB Sukuk Co. III Ltd., 2.85%, 06/23/25(a)		200		191,188
Sweihan PV Power Co. PJSC, 3.63%, 01/31/49(a)		380		299,344
Tabreed Sukuk Spc Ltd., 5.50%, 10/31/25(a)		200		200,375
				20,020,227
United Kingdom — 2.8%
CK Hutchison International 16 Ltd., 2.75%, 10/03/26(a)		200		189,156
CK Hutchison International 17 II Ltd., 3.25%, 09/29/27(a)		200		189,418
CK Hutchison International 17 Ltd., 3.50%, 04/05/27(a)		200		192,164
CK Hutchison International 19 II Ltd.
2.75%, 09/06/29 (Call 06/06/29)(a)		200		179,726
3.38%, 09/06/49(a)		400		297,260

Security	Par (000)		Value
United Kingdom (continued)
CK Hutchison International 20 Ltd.
2.50%, 05/08/30 (Call 02/08/30)(a)	$	200	$	174,266
3.38%, 05/08/50(a)		200		148,216
CK Hutchison International 21 Ltd.
1.50%, 04/15/26 (Call 03/15/26)(a)		200		185,820
2.50%, 04/15/31 (Call 01/15/31)(a)		400		340,604
CK Hutchison International 23 Ltd.
4.75%, 04/21/28 (Call 03/21/28)(a)		200		199,516
4.88%, 04/21/33 (Call 01/21/33)(a)		400		397,180
Hutchison Whampoa International Ltd., 7.45%, 11/24/33(a)		305		357,652
Petrofac Ltd., 9.75%, 11/15/26 (Call 03/01/24)(a)		200		104,000
Standard Chartered PLC
1.82%, 11/23/25 (Call 11/23/24), (1-year CMT + 0.950%)(a)(e)		400		386,960
2.61%, 01/12/28 (Call 01/12/27), (5-year CMT + 1.180%)(a)(e)		200		183,516
2.68%, 06/29/32 (Call 06/29/31), (1-year CMT + 1.200%)(a)(e)		1,000		815,050
3.27%, 02/18/36 (Call 11/18/30), (5-year CMT + 2.300%)(a)(e)		400		333,544
3.60%, 01/12/33 (Call 01/12/32), (1-year CMT + 1.900%)(a)(e)		200		168,176
4.05%, 04/12/26(a)		600		584,886
4.30%, (Call 08/19/28), (5-year CMT + 3.135%)(a)(d)(e)		600		482,250
4.31%, 05/21/30 (Call 05/21/29), (3-mo. LIBOR US + 1.910%)(a)(e)		400		373,728
4.64%, 04/01/31 (Call 04/01/30), (1-year CMT + 3.850%)(a)(e)		500		472,785
4.75%, (Call 01/14/31), (5-year CMT + 3.805%)(a)(d)(e)		400		321,960
6.00%, (Call 07/26/25), (5-year CMT + 5.661%)(a)(d)(e)		400		393,664
6.10%, 01/11/35 (Call 01/11/34), (1-year CMT + 2.100%)(b)(e)		200		203,658
6.17%, 01/09/27 (Call 01/09/26), (1-year CMT + 2.050%)(a)(e)		1,000		1,013,760
6.19%, 07/06/27, (1-year CMT + 1.850%)(a)(e)		400		406,480
6.30%, 01/09/29 (Call 01/09/28), (1-year CMT + 2.450%)(a)(e)		800		821,080
6.30%, 07/06/34, (1-year CMT + 2.580%)(a)(e)		400		417,340
7.75%, (Call 08/15/27), (5-year CMT + 4.976%)(a)(d)(e)		400		404,000
7.77%, 11/16/28 (Call 11/16/27), (1-year CMT + 3.450%)(a)(e)		800		860,104
				11,597,919
United States — 1.6%
Bimbo Bakeries USA Inc., 6.40%, 01/15/34 (Call 10/15/33)(a)		200		218,778
Bimbo Bakeries USA, Inc., 6.05%, 01/15/29(a)		200		208,239
Flex Ltd.
3.75%, 02/01/26 (Call 01/01/26)		550		534,562
4.75%, 06/15/25 (Call 03/15/25)		384		379,281
4.88%, 06/15/29 (Call 03/15/29)		399		391,439
4.88%, 05/12/30 (Call 02/12/30)		515		501,280
GCC SAB de CV, 3.61%, 04/20/32 (Call 01/20/32)(a)		200		170,872
JBS USA LUX SA/JBS USA Food Co./JBS Luxembourg SARL
6.75%, 03/15/34(a)		400		422,278
7.25%, 11/15/53(a)		200		218,540

13

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2024	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
United States (continued)
JBS USA LUX SA/JBS USA Food Co./JBS USA Finance Inc.
2.50%, 01/15/27 (Call 12/15/26)	$	200	$	184,843
3.00%, 02/02/29 (Call 12/02/28)		200		176,911
3.00%, 05/15/32 (Call 02/15/32)		250		203,091
3.63%, 01/15/32 (Call 01/15/27)		200		170,446
4.38%, 02/02/52 (Call 08/02/51)		300		221,396
5.13%, 02/01/28 (Call 01/01/28)		303		300,414
5.50%, 01/15/30 (Call 01/15/25)		400		391,144
5.75%, 04/01/33 (Call 01/01/33)		550		543,128
6.50%, 12/01/52 (Call 06/01/52)		450		449,015
Playtika Holding Corp., 4.25%, 03/15/29 (Call 03/15/24)(a)		390		336,375
Sagicor Financial Co. Ltd., 5.30%, 05/13/28 (Call 05/13/24)(a)		400		380,000
				6,402,032
Vietnam — 0.1%
Mong Duong Finance Holdings BV, 5.13%, 05/07/29(a)		461		430,594
Zambia — 1.0%
First Quantum Minerals Ltd.
6.88%, 03/01/26 (Call 01/08/24)(a)		1,050		987,924
6.88%, 10/15/27 (Call 02/12/24)(a)		1,300		1,154,647
7.50%, 04/01/25 (Call 02/12/24)(a)		838		814,008
8.63%, 06/01/31 (Call 06/01/26)(a)		1,200		1,101,750
				4,058,329
Total Corporate Bonds & Notes — 96.7%
(Cost: $421,957,647)				398,436,956
Foreign Government Obligations
South Korea — 0.8%
Industrial Bank of Korea
1.04%, 06/22/25(a)		400		379,276
5.38%, 10/04/28(a)		200		206,490
Korea Electric Power Corp.
3.63%, 06/14/25(a)		400		392,340
5.38%, 04/06/26(a)		200		201,722
5.38%, 07/31/26(a)		200		201,974
Korea Expressway Corp.
1.13%, 05/17/26(a)		200		183,678
3.63%, 05/18/25(a)		400		392,732
Korea Gas Corp.
3.88%, 07/13/27(a)		200		194,516
4.88%, 07/05/28(a)		200		201,038
Korea Hydro & Nuclear Power Co. Ltd.
1.25%, 04/27/26(a)		400		369,468
4.25%, 07/27/27(a)		600		589,578
				3,312,812
Supranational — 0.6%
Africa Finance Corp.
3.13%, 06/16/25(a)		200		191,250

Security	Par (000)		Value
Supranational (continued)
3.75%, 10/30/29(a)	$	400	$	350,000
4.38%, 04/17/26(a)		800		766,000
African Export-Import Bank (The)
3.80%, 05/17/31 (Call 02/17/31)(a)		600		508,500
3.99%, 09/21/29 (Call 06/23/29)(a)		800		708,000
				2,523,750
Turkey — 0.1%
Turkiye Vakiflar Bankasi TAO, 5.50%, 10/01/26(a)		600		577,500
Total Foreign Government Obligations — 1.5%
(Cost: $6,617,810)				6,414,062
Total Long-Term Investments — 98.2%
(Cost: $428,575,457)				404,851,018

	Shares
Short-Term Securities
Money Market Funds — 7.2%
BlackRock Cash Funds: Institutional, SL Agency Shares, 5.51%(j)(k)(l)		26,384,363		26,400,194
BlackRock Cash Funds: Treasury, SL Agency Shares, 5.32%(j)(k)		3,180,000		3,180,000
Total Short-Term Securities — 7.2%
(Cost: $29,565,847)				29,580,194
Total Investments — 105.4%
(Cost: $458,141,304)				434,431,212
Liabilities in Excess of Other Assets — (5.4)%				(22,440,721	)
Net Assets — 100.0%			$	411,990,491

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

^(b) Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

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

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

^(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) 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.

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

^(h) Non-income producing security.

⁽ⁱ⁾ Zero-coupon bond.

^(j) Affiliate of the Fund.

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

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

14

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2024

Affiliates

Investments in issuers considered to be affiliate(s) of the Fund during the period ended January 31, 2024 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

Affiliated Issuer	Value at 10/31/23		Purchases at Cost			Proceeds from Sale			Net Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)		Value at 01/31/24		Shares Held at 01/31/24		Income			Capital Gain Distributions from Underlying Funds
BlackRock Cash Funds: Institutional, SL Agency Shares	$	21,316,201	$	5,080,132	(a)	$	—		$	2,447	$	1,414	$	26,400,194		26,384,363	$	37,763	(b)	$	—
BlackRock Cash Funds: Treasury, SL Agency Shares		5,390,000		—			(2,210,000	)(a)		—		—		3,180,000		3,180,000		31,709			—
									$	2,447	$	1,414	$	29,580,194			$	69,472		$	—

^(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 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	$	—	$	398,436,956	$	—	$	398,436,956
Foreign Government Obligations		—		6,414,062		—		6,414,062
Short-Term Securities
Money Market Funds		29,580,194		—		—		29,580,194
	$	29,580,194	$	404,851,018	$	—	$	434,431,212

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

15

Schedule of Investments (unaudited) (continued)	iShares® J.P. Morgan EM Corporate Bond ETF
January 31, 2024

Currency Abbreviation

USD United States Dollar

16