Schedule of Investments (unaudited) November 30, 2020 | iShares® Government/Credit Bond ETF (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Corporate Bonds & Notes | ||||||||
Advertising — 0.2% | ||||||||
Interpublic Group of Companies Inc. (The) | ||||||||
3.75%, 02/15/23 | $ | 65 | $ | 69,436 | ||||
4.75%, 03/30/30 (Call 12/30/29) | 39 | 47,917 | ||||||
Omnicom Group Inc., 2.45%, 04/30/30 (Call 01/30/30) | 41 | 43,377 | ||||||
Omnicom Group Inc./Omnicom Capital Inc. | ||||||||
3.60%, 04/15/26 (Call 01/15/26) | 82 | 93,079 | ||||||
3.63%, 05/01/22 | 22 | 22,984 | ||||||
WPP Finance 2010, 3.75%, 09/19/24 | 44 | 48,456 | ||||||
|
| |||||||
325,249 | ||||||||
Aerospace & Defense — 0.8% | ||||||||
Boeing Co. (The) | ||||||||
2.80%, 03/01/27 (Call 12/01/26) | 150 | 150,705 | ||||||
3.10%, 05/01/26 (Call 03/01/26) | 170 | 176,218 | ||||||
3.85%, 11/01/48 (Call 05/01/48) | 55 | 54,318 | ||||||
5.71%, 05/01/40 (Call 11/01/39) | 60 | 75,616 | ||||||
5.93%, 05/01/60 (Call 11/01/59) | 75 | 101,447 | ||||||
General Dynamics Corp., 3.50%, 04/01/27 (Call 02/01/27) | 100 | 115,185 | ||||||
L3Harris Technologies Inc. | ||||||||
4.40%, 06/15/28 (Call 03/15/28) | 100 | 119,871 | ||||||
4.85%, 04/27/35 (Call 10/27/34) | 25 | 33,095 | ||||||
Lockheed Martin Corp., 4.09%, 09/15/52 (Call 03/15/52) | 100 | 135,537 | ||||||
Northrop Grumman Corp. | ||||||||
3.25%, 01/15/28 (Call 10/15/27) | 195 | 220,091 | ||||||
5.25%, 05/01/50 (Call 11/01/49) | 50 | 75,489 | ||||||
Raytheon Technologies Corp. | ||||||||
4.13%, 11/16/28 (Call 08/16/28) | 133 | 158,483 | ||||||
4.63%, 11/16/48 (Call 05/16/48) | 100 | 138,783 | ||||||
|
| |||||||
1,554,838 | ||||||||
Agriculture — 0.6% | ||||||||
Altria Group Inc. | ||||||||
3.88%, 09/16/46 (Call 03/16/46) | 100 | 107,608 | ||||||
4.45%, 05/06/50 (Call 11/06/49) | 51 | 60,038 | ||||||
Archer-Daniels-Midland Co. | ||||||||
3.25%, 03/27/30 (Call 12/27/29) | 39 | 45,234 | ||||||
3.75%, 09/15/47 (Call 03/15/47) | 10 | 12,681 | ||||||
4.54%, 03/26/42 | 15 | 20,383 | ||||||
5.38%, 09/15/35 | 29 | 41,918 | ||||||
BAT Capital Corp. | ||||||||
2.79%, 09/06/24 (Call 08/06/24) | 187 | 199,937 | ||||||
3.22%, 08/15/24 (Call 06/15/24) | 167 | 180,569 | ||||||
3.98%, 09/25/50 (Call 03/25/50) | 50 | 52,545 | ||||||
Bunge Ltd. Finance Corp., 3.75%, 09/25/27 (Call 06/25/27) | 25 | 27,898 | ||||||
Philip Morris International Inc. | ||||||||
2.10%, 05/01/30 (Call 02/01/30) | 100 | 103,817 | ||||||
3.13%, 08/17/27 (Call 05/17/27) | 49 | 54,801 | ||||||
4.25%, 11/10/44 | 56 | 70,113 | ||||||
Reynolds American Inc. | ||||||||
5.70%, 08/15/35 (Call 02/15/35) | 70 | 88,769 | ||||||
5.85%, 08/15/45 (Call 02/12/45) | 50 | 63,777 | ||||||
|
| |||||||
1,130,088 | ||||||||
Airlines — 0.1% | ||||||||
American Airlines Pass Through Trust, Series 2019-1, Class AA, 3.15%, 08/15/33 | 31 | 29,079 | ||||||
Continental Airlines 2012-2 Class A Pass Through Trust, Series 2012-2, Class A, 4.00%, 04/29/26 | 10 | 9,578 |
Security | Par (000) | Value | ||||||
Airlines (continued) | ||||||||
Southwest Airlines Co. | ||||||||
2.63%, 02/10/30 (Call 11/10/29) | $ | 30 | $ | 29,878 | ||||
5.25%, 05/04/25 (Call 04/04/25) | 100 | 113,971 | ||||||
|
| |||||||
182,506 | ||||||||
Apparel — 0.1% | ||||||||
NIKE Inc. | ||||||||
2.40%, 03/27/25 (Call 02/27/25) | 75 | 80,597 | ||||||
3.38%, 03/27/50 (Call 09/27/49) | 39 | 46,940 | ||||||
PVH Corp., 4.63%, 07/10/25 (Call 06/10/25) | 25 | 27,355 | ||||||
Tapestry Inc., 3.00%, 07/15/22 (Call 06/15/22) | 25 | 25,400 | ||||||
|
| |||||||
180,292 | ||||||||
Auto Manufacturers — 0.6% | ||||||||
American Honda Finance Corp. | ||||||||
2.05%, 01/10/23 | 20 | 20,677 | ||||||
2.30%, 09/09/26 | 30 | 32,403 | ||||||
3.50%, 02/15/28 | 33 | 38,011 | ||||||
Cummins Inc., 1.50%, 09/01/30 (Call 06/01/30) | 50 | 50,120 | ||||||
Daimler Finance North America LLC, 8.50%, 01/18/31 | 25 | 39,625 | ||||||
General Motors Co. | ||||||||
4.20%, 10/01/27 (Call 07/01/27) | 69 | 77,728 | ||||||
5.20%, 04/01/45 | 50 | 60,670 | ||||||
6.80%, 10/01/27 (Call 08/01/27) | 100 | 128,653 | ||||||
General Motors Financial Co. Inc. | ||||||||
3.55%, 07/08/22 | 222 | 231,837 | ||||||
4.35%, 04/09/25 (Call 02/09/25) | 123 | 137,309 | ||||||
Toyota Motor Corp. | ||||||||
3.42%, 07/20/23 | 48 | 51,791 | ||||||
3.67%, 07/20/28 | 25 | 29,362 | ||||||
Toyota Motor Credit Corp. | ||||||||
1.35%, 08/25/23 | 50 | 51,308 | ||||||
2.15%, 09/08/22 | 23 | 23,749 | ||||||
2.15%, 02/13/30 | 50 | 53,387 | ||||||
3.38%, 04/01/30 | 25 | 29,220 | ||||||
3.40%, 04/14/25 | 25 | 27,901 | ||||||
3.65%, 01/08/29 | 25 | 29,603 | ||||||
|
| |||||||
1,113,354 | ||||||||
Auto Parts & Equipment — 0.1% | ||||||||
Aptiv Corp., 4.15%, 03/15/24 (Call 12/15/23) | 37 | 40,802 | ||||||
BorgWarner Inc., 2.65%, 07/01/27 (Call 05/01/27) | 50 | 53,311 | ||||||
Lear Corp., 3.80%, 09/15/27 (Call 06/15/27) | 35 | 38,595 | ||||||
Magna International Inc., 3.63%, 06/15/24 (Call 03/15/24) | 25 | 27,365 | ||||||
|
| |||||||
160,073 | ||||||||
Banks — 7.6% | ||||||||
Bank of America Corp. | ||||||||
2.46%, 10/22/25 (Call 10/22/24)(a) | 212 | 224,788 | ||||||
2.50%, 02/13/31 (Call 02/13/30)(a) | 200 | 211,192 | ||||||
3.19%, 07/23/30 (Call 07/23/29)(a) | 122 | 136,098 | ||||||
3.59%, 07/21/28 (Call 07/21/27)(a) | 139 | 157,248 | ||||||
3.97%, 03/05/29 (Call 03/05/28)(a) | 107 | 124,424 | ||||||
4.08%, 03/20/51 (Call 03/20/50)(a) | 150 | 191,478 | ||||||
4.88%, 04/01/44 | 200 | 278,416 | ||||||
Series L, 3.95%, 04/21/25 | 200 | 224,410 | ||||||
Bank of Montreal | ||||||||
2.90%, 03/26/22 | 55 | 56,891 | ||||||
Series E, 3.30%, 02/05/24 | 153 | 165,693 | ||||||
Bank of New York Mellon Corp. (The) | ||||||||
1.95%, 08/23/22 | 75 | 77,170 | ||||||
2.95%, 01/29/23 (Call 12/29/22) | 26 | 27,402 | ||||||
3.00%, 10/30/28 (Call 07/30/28) | 88 | 98,407 |
1
Schedule of Investments (unaudited) (continued) November 30, 2020 | iShares® Government/Credit Bond ETF (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Banks (continued) | ||||||||
3.50%, 04/28/23 | $ | 90 | $ | 96,735 | ||||
Bank of Nova Scotia (The) | ||||||||
1.95%, 02/01/23 | 50 | 51,645 | ||||||
4.50%, 12/16/25 | 100 | 115,586 | ||||||
Barclays Bank PLC, 1.70%, 05/12/22 (Call 04/12/22) | 200 | 203,622 | ||||||
Barclays PLC | ||||||||
2.65%, 06/24/31 (Call 06/24/30)(a) | 200 | 207,994 | ||||||
4.38%, 01/12/26 | 200 | 228,442 | ||||||
4.61%, 02/15/23 (Call 02/15/22)(a) | 200 | 209,238 | ||||||
Canadian Imperial Bank of Commerce | ||||||||
2.55%, 06/16/22 | 285 | 295,135 | ||||||
2.61%, 07/22/23 (Call 07/22/22)(a) | 22 | 22,785 | ||||||
3.10%, 04/02/24 | 22 | 23,792 | ||||||
Citigroup Inc. | ||||||||
3.20%, 10/21/26 (Call 07/21/26) | 200 | 221,852 | ||||||
4.41%, 03/31/31 (Call 03/31/30)(a) | 300 | 361,992 | ||||||
4.60%, 03/09/26 | 100 | 116,757 | ||||||
4.65%, 07/23/48 (Call 06/23/48) | 174 | 241,505 | ||||||
Comerica Inc., 3.70%, 07/31/23 (Call 07/01/23) | 200 | 216,516 | ||||||
Cooperatieve Rabobank UA, 5.25%, 05/24/41 | 94 | 138,620 | ||||||
Credit Suisse Group AG, 4.55%, 04/17/26 | 250 | 293,132 | ||||||
Deutsche Bank AG/London, 3.70%, 05/30/24 | 52 | 55,832 | ||||||
Fifth Third Bancorp. | ||||||||
3.95%, 03/14/28 (Call 02/14/28) | 61 | 71,521 | ||||||
4.30%, 01/16/24 (Call 12/16/23) | 145 | 160,055 | ||||||
First Citizens BancShares Inc./NC, 3.38%, 03/15/30 (Call 03/15/25)(a) | 25 | 24,782 | ||||||
First Horizon National Corp., 4.00%, 05/26/25 (Call 04/26/25) | 100 | 110,438 | ||||||
Goldman Sachs Group Inc. (The) | ||||||||
3.50%, 04/01/25 (Call 03/01/25) | 200 | 221,600 | ||||||
4.25%, 10/21/25 | 100 | 114,769 | ||||||
4.75%, 10/21/45 (Call 04/21/45) | 225 | 314,188 | ||||||
HSBC Holdings PLC | ||||||||
4.95%, 03/31/30 | 200 | 249,282 | ||||||
6.50%, 09/15/37 | 100 | 143,930 | ||||||
Huntington Bancshares Inc./OH, 4.00%, 05/15/25 (Call 04/15/25) | 60 | 68,090 | ||||||
JPMorgan Chase & Co. | ||||||||
2.08%, 04/22/26 (Call 04/22/25)(a) | 100 | 104,938 | ||||||
2.52%, 04/22/31 (Call 04/22/30)(a) | 200 | 213,718 | ||||||
2.74%, 10/15/30 (Call 10/15/29)(a) | 116 | 125,865 | ||||||
2.96%, 05/13/31 (Call 05/13/30)(a) | 100 | 109,044 | ||||||
3.11%, 04/22/51 (Call 04/22/50)(a) | 50 | 55,988 | ||||||
3.54%, 05/01/28 (Call 05/01/27)(a) | 245 | 277,739 | ||||||
3.88%, 09/10/24 | 100 | 111,463 | ||||||
3.90%, 01/23/49 (Call 01/23/48)(a) | 155 | 196,648 | ||||||
4.95%, 06/01/45 | 50 | 71,081 | ||||||
KfW, 1.38%, 08/05/24 | 335 | 347,928 | ||||||
Korea Development Bank (The), 2.13%, 10/01/24 | 225 | 236,680 | ||||||
Landwirtschaftliche Rentenbank | ||||||||
1.75%, 07/27/26 | 98 | 104,402 | ||||||
Series 37, 2.50%, 11/15/27 | 99 | 110,800 | ||||||
Lloyds Banking Group PLC, 4.05%, 08/16/23 | 250 | 272,490 | ||||||
Mitsubishi UFJ Financial Group Inc. | ||||||||
2.67%, 07/25/22 | 210 | 217,631 | ||||||
3.29%, 07/25/27 | 250 | 280,842 | ||||||
Mizuho Financial Group Inc., 2.84%, 07/16/25 (Call 07/16/24)(a) | 200 | 212,764 | ||||||
Morgan Stanley | ||||||||
2.70%, 01/22/31 (Call 01/22/30)(a) | 260 | 282,201 |
Security | Par (000) | Value | ||||||
Banks (continued) | ||||||||
2.75%, 05/19/22 | $ | 50 | $ | 51,714 | ||||
4.00%, 07/23/25 | 200 | 228,854 | ||||||
5.00%, 11/24/25 | 100 | 119,189 | ||||||
6.38%, 07/24/42 | 125 | 204,312 | ||||||
MUFG Americas Holdings Corp. | ||||||||
3.00%, 02/10/25 (Call 01/20/25) | 50 | 54,512 | ||||||
3.50%, 06/18/22 | 50 | 52,355 | ||||||
Natwest Group PLC, 6.00%, 12/19/23 | 258 | 292,701 | ||||||
Northern Trust Corp. | ||||||||
3.15%, 05/03/29 (Call 02/03/29) | 46 | 52,489 | ||||||
3.38%, 05/08/32 (Call 05/08/27)(a) | 41 | 44,860 | ||||||
PNC Financial Services Group Inc. (The) | ||||||||
3.15%, 05/19/27 (Call 04/19/27) | 137 | 154,328 | ||||||
3.45%, 04/23/29 (Call 01/23/29) | 26 | 30,052 | ||||||
Regions Financial Corp., 2.25%, 05/18/25 (Call 04/18/25) | 100 | 105,906 | ||||||
Royal Bank of Canada | ||||||||
1.95%, 01/17/23 | 200 | 206,758 | ||||||
2.80%, 04/29/22 | 72 | 74,578 | ||||||
Santander Holdings USA Inc., 3.50%, 06/07/24 (Call 05/07/24) | 67 | 72,276 | ||||||
Santander UK Group Holdings PLC, 1.53%, 08/21/26 (Call 08/21/25)(a) | 200 | 201,832 | ||||||
State Street Corp. | ||||||||
2.65%, 05/15/23 (Call 05/15/22)(a) | 22 | 22,726 | ||||||
3.03%, 11/01/34 (Call 11/01/29)(a) | 83 | 91,083 | ||||||
Sumitomo Mitsui Financial Group Inc. | ||||||||
2.63%, 07/14/26 | 42 | 45,603 | ||||||
2.78%, 10/18/22 | 22 | 22,983 | ||||||
3.10%, 01/17/23 | 246 | 259,818 | ||||||
3.35%, 10/18/27 | 33 | 37,072 | ||||||
3.45%, 01/11/27 | 75 | 84,352 | ||||||
3.54%, 01/17/28 | 25 | 28,387 | ||||||
SVB Financial Group, 3.50%, 01/29/25 | 141 | 153,512 | ||||||
Toronto-Dominion Bank (The), 0.75%, 06/12/23 | 200 | 201,614 | ||||||
Truist Bank | ||||||||
2.45%, 08/01/22 (Call 07/01/22) | 370 | 382,602 | ||||||
3.00%, 02/02/23 (Call 01/02/23) | 40 | 42,137 | ||||||
Truist Financial Corp. | ||||||||
1.20%, 08/05/25 (Call 07/03/25) | 200 | 204,790 | ||||||
2.50%, 08/01/24 (Call 07/01/24) | 96 | 102,290 | ||||||
U.S. Bancorp. | ||||||||
3.00%, 03/15/22 (Call 02/15/22) | 80 | 82,545 | ||||||
3.60%, 09/11/24 (Call 08/11/24) | 20 | 22,103 | ||||||
Series V, 2.38%, 07/22/26 (Call 06/22/26) | 91 | 98,633 | ||||||
Wells Fargo & Co. | ||||||||
3.00%, 10/23/26 | 200 | 220,172 | ||||||
4.75%, 12/07/46 | 167 | 221,801 | ||||||
5.01%, 04/04/51 (Call 04/04/50)(a) | 100 | 142,686 | ||||||
Westpac Banking Corp., 4.42%, 07/24/39 | 74 | 95,882 | ||||||
|
| |||||||
14,395,181 | ||||||||
Beverages — 1.0% | ||||||||
Anheuser-Busch Companies LLC/Anheuser-Busch InBev Worldwide Inc. | ||||||||
3.65%, 02/01/26 (Call 11/01/25) | 100 | 112,977 | ||||||
4.90%, 02/01/46 (Call 08/01/45) | 125 | 163,235 | ||||||
Anheuser-Busch InBev Worldwide Inc. | ||||||||
3.50%, 06/01/30 (Call 03/01/30) | 100 | 115,700 | ||||||
4.50%, 06/01/50 (Call 12/01/49) | 50 | 62,760 | ||||||
4.90%, 01/23/31 (Call 10/23/30) | 100 | 127,218 | ||||||
5.55%, 01/23/49 (Call 07/23/48) | 100 | 143,835 | ||||||
5.80%, 01/23/59 (Call 07/23/58) | 66 | 100,568 |
2
Schedule of Investments (unaudited) (continued) November 30, 2020 | iShares® Government/Credit Bond ETF (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Beverages (continued) | ||||||||
Beam Suntory Inc., 3.25%, 05/15/22 (Call 02/15/22) | $ | 45 | $ | 46,380 | ||||
Brown-Forman Corp., 4.00%, 04/15/38 (Call 10/15/37) | 20 | 24,619 | ||||||
Coca-Cola Co. (The) | ||||||||
1.45%, 06/01/27 | 50 | 51,560 | ||||||
2.90%, 05/25/27 | 24 | 26,824 | ||||||
2.95%, 03/25/25 | 50 | 55,002 | ||||||
3.20%, 11/01/23 | 132 | 143,217 | ||||||
Constellation Brands Inc. | ||||||||
3.70%, 12/06/26 (Call 09/06/26) | 29 | 33,124 | ||||||
4.10%, 02/15/48 (Call 08/15/47) | 25 | 30,585 | ||||||
4.40%, 11/15/25 (Call 09/15/25) | 50 | 58,169 | ||||||
4.65%, 11/15/28 (Call 08/15/28) | 44 | 53,456 | ||||||
Diageo Capital PLC | ||||||||
2.63%, 04/29/23 (Call 01/29/23) | 44 | 46,117 | ||||||
3.88%, 04/29/43 (Call 10/29/42) | 50 | 62,490 | ||||||
Keurig Dr Pepper Inc. | ||||||||
3.80%, 05/01/50 (Call 11/01/49) | 50 | 59,843 | ||||||
4.60%, 05/25/28 (Call 02/25/28) | 50 | 60,692 | ||||||
Molson Coors Beverage Co., 4.20%, 07/15/46 (Call 01/15/46) | 70 | 80,933 | ||||||
PepsiCo Inc. | ||||||||
2.25%, 03/19/25 (Call 02/19/25) | 100 | 106,877 | ||||||
2.63%, 07/29/29 (Call 04/29/29) | 56 | 61,949 | ||||||
3.38%, 07/29/49 (Call 01/29/49) | 115 | 139,543 | ||||||
|
| |||||||
1,967,673 | ||||||||
Biotechnology — 0.5% | ||||||||
Amgen Inc. | ||||||||
2.30%, 02/25/31 (Call 11/25/30) | 50 | 52,883 | ||||||
3.13%, 05/01/25 (Call 02/01/25) | 153 | 167,569 | ||||||
4.40%, 05/01/45 (Call 11/01/44) | 100 | 127,088 | ||||||
Biogen Inc. | ||||||||
3.15%, 05/01/50 (Call 11/01/49) | 50 | 50,370 | ||||||
4.05%, 09/15/25 (Call 06/15/25) | 138 | 157,753 | ||||||
Gilead Sciences Inc. | ||||||||
3.65%, 03/01/26 (Call 12/01/25) | 100 | 113,377 | ||||||
4.50%, 02/01/45 (Call 08/01/44) | 125 | 159,589 | ||||||
Royalty Pharma PLC, 3.30%, 09/02/40 (Call 03/02/40)(b) | 50 | 52,410 | ||||||
|
| |||||||
881,039 | ||||||||
Building Materials — 0.1% | ||||||||
Carrier Global Corp., 3.58%, 04/05/50 | 50 | 56,598 | ||||||
Fortune Brands Home & Security Inc., 3.25%, 09/15/29 (Call 06/15/29) | 25 | 27,803 | ||||||
Johnson Controls International PLC, 4.50%, 02/15/47 (Call 08/15/46) | 22 | 28,490 | ||||||
Martin Marietta Materials Inc., 3.50%, 12/15/27 (Call 09/15/27) | 30 | 33,937 | ||||||
Masco Corp., 4.38%, 04/01/26 (Call 01/01/26) | 20 | 23,336 | ||||||
Owens Corning, 4.30%, 07/15/47 (Call 01/15/47) | 30 | 35,385 | ||||||
|
| |||||||
205,549 | ||||||||
Chemicals — 0.7% | ||||||||
Air Products and Chemicals Inc., 2.75%, 02/03/23 | 25 | 26,265 | ||||||
Albemarle Corp., 4.15%, 12/01/24 (Call 09/01/24) | 76 | 84,029 | ||||||
Cabot Corp., 4.00%, 07/01/29 (Call 04/01/29) | 20 | 21,237 | ||||||
Celanese U.S. Holdings LLC, 3.50%, 05/08/24 (Call 04/08/24) | 25 | 27,040 | ||||||
Dow Chemical Co. (The) | ||||||||
3.50%, 10/01/24 (Call 07/01/24) | 60 | 65,593 | ||||||
4.80%, 05/15/49 (Call 11/15/48) | 55 | 71,851 | ||||||
DuPont de Nemours Inc. | ||||||||
4.21%, 11/15/23 (Call 10/15/23) | 58 | 63,899 | ||||||
5.32%, 11/15/38 (Call 05/15/38) | 55 | 75,035 | ||||||
Eastman Chemical Co., 3.80%, 03/15/25 (Call 12/15/24) | 100 | 110,390 |
Security | Par (000) | Value | ||||||
Chemicals (continued) | ||||||||
Ecolab Inc., 2.13%, 08/15/50 (Call 02/15/50) | $ | 100 | $ | 95,794 | ||||
EI du Pont de Nemours and Co., 2.30%, 07/15/30 (Call 04/15/30) | 100 | 106,293 | ||||||
Huntsman International LLC, 5.13%, 11/15/22 (Call 08/15/22) | 115 | 122,995 | ||||||
Linde Inc./CT, 1.10%, 08/10/30 (Call 05/10/30) | 25 | 24,680 | ||||||
LYB International Finance III LLC | ||||||||
3.38%, 10/01/40 (Call 04/01/40) | 50 | 52,996 | ||||||
3.63%, 04/01/51 (Call 04/01/50) | 50 | 54,069 | ||||||
Mosaic Co. (The) | ||||||||
4.05%, 11/15/27 (Call 08/15/27) | 38 | 42,845 | ||||||
4.25%, 11/15/23 (Call 08/15/23) | 22 | 23,985 | ||||||
Nutrien Ltd. | ||||||||
3.38%, 03/15/25 (Call 12/15/24) | 50 | 55,046 | ||||||
4.90%, 06/01/43 (Call 12/01/42) | 50 | 64,754 | ||||||
PPG Industries Inc., 3.75%, 03/15/28 (Call 12/15/27) | 25 | 29,737 | ||||||
Sherwin-Williams Co. (The), 4.50%, 06/01/47 (Call 12/01/46) | 39 | 51,955 | ||||||
Westlake Chemical Corp., 3.60%, 08/15/26 (Call 05/15/26) | 22 | 24,359 | ||||||
|
| |||||||
1,294,847 | ||||||||
Commercial Services — 0.6% | ||||||||
Automatic Data Processing Inc., 3.38%, 09/15/25 (Call 06/15/25) | 39 | 43,737 | ||||||
Block Financial LLC, 5.25%, 10/01/25 (Call 07/01/25) | 42 | 48,087 | ||||||
Equifax Inc. | ||||||||
3.10%, 05/15/30 (Call 02/15/30) | 40 | 44,322 | ||||||
3.30%, 12/15/22 (Call 09/15/22) | 27 | 28,324 | ||||||
Ford Foundation (The), Series 2020, 2.82%, 06/01/70 (Call 12/01/69) | 25 | 26,379 | ||||||
George Washington University (The), 4.87%, 09/15/45 | 41 | 54,572 | ||||||
Georgetown University (The), Series B, 4.32%, 04/01/49 (Call 10/01/48) | 40 | 49,616 | ||||||
Global Payments Inc. | ||||||||
3.20%, 08/15/29 (Call 05/15/29) | 50 | 55,554 | ||||||
4.45%, 06/01/28 (Call 03/01/28) | 38 | 44,972 | ||||||
IHS Markit Ltd., 4.25%, 05/01/29 (Call 02/01/29) | 50 | 59,652 | ||||||
Moody’s Corp., 3.25%, 05/20/50 (Call 11/20/49) | 43 | 46,920 | ||||||
Northwestern University, Series 2017, 3.66%, 12/01/57 (Call 06/01/57) | 25 | 30,628 | ||||||
PayPal Holdings Inc. | ||||||||
1.65%, 06/01/25 (Call 05/01/25) | 100 | 104,067 | ||||||
2.20%, 09/26/22 | 30 | 30,983 | ||||||
President and Fellows of Harvard College, 3.15%, 07/15/46 (Call 01/15/46) | 44 | 52,133 | ||||||
RELX Capital Inc., 3.50%, 03/16/23 (Call 02/16/23) | 200 | 213,072 | ||||||
S&P Global Inc., 4.00%, 06/15/25 (Call 03/15/25) | 30 | 34,150 | ||||||
University of Southern California, 3.03%, 10/01/39 | 51 | 55,523 | ||||||
Verisk Analytics Inc., 4.13%, 03/15/29 (Call 12/15/28) | 67 | 80,504 | ||||||
|
| |||||||
1,103,195 | ||||||||
Computers — 1.2% | ||||||||
Apple Inc. | ||||||||
0.75%, 05/11/23 | 300 | 303,600 | ||||||
2.40%, 05/03/23 | 200 | 210,036 | ||||||
2.45%, 08/04/26 (Call 05/04/26) | 200 | 217,642 | ||||||
2.65%, 05/11/50 (Call 11/11/49) | 190 | 204,244 | ||||||
4.65%, 02/23/46 (Call 08/23/45) | 140 | 202,927 | ||||||
Dell International LLC/EMC Corp. | ||||||||
5.45%, 06/15/23 (Call 04/15/23)(b) | 91 | 100,494 | ||||||
6.02%, 06/15/26 (Call 03/15/26)(b) | 160 | 194,122 | ||||||
6.20%, 07/15/30 (Call 04/15/30)(b) | 25 | 31,654 |
3
Schedule of Investments (unaudited) (continued) November 30, 2020 | iShares® Government/Credit Bond ETF (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Computers (continued) | ||||||||
Hewlett Packard Enterprise Co. | ||||||||
2.25%, 04/01/23 (Call 03/01/23) | $ | 180 | $ | 186,329 | ||||
6.35%, 10/15/45 (Call 04/15/45) | 25 | 32,927 | ||||||
HP Inc. | ||||||||
3.00%, 06/17/27 (Call 04/17/27) | 50 | 54,512 | ||||||
3.40%, 06/17/30 (Call 03/17/30) | 50 | 55,026 | ||||||
International Business Machines Corp. | ||||||||
3.38%, 08/01/23 | 100 | 107,889 | ||||||
3.50%, 05/15/29 | 135 | 156,140 | ||||||
4.25%, 05/15/49 | 100 | 132,580 | ||||||
Seagate HDD Cayman | ||||||||
4.09%, 06/01/29 (Call 03/01/29)(b) | 43 | 47,675 | ||||||
4.13%, 01/15/31 (Call 10/15/30)(b) | 25 | 28,170 | ||||||
4.88%, 03/01/24 (Call 01/01/24) | 25 | 27,409 | ||||||
|
| |||||||
2,293,376 | ||||||||
Cosmetics & Personal Care — 0.2% | ||||||||
Estee Lauder Companies Inc. (The), 3.13%, 12/01/49 (Call 06/01/49) | 50 | 58,044 | ||||||
Procter & Gamble Co. (The), 3.00%, 03/25/30 | 100 | 116,015 | ||||||
Unilever Capital Corp. | ||||||||
3.00%, 03/07/22 | 200 | 206,972 | ||||||
5.90%, 11/15/32 | 31 | 45,710 | ||||||
|
| |||||||
426,741 | ||||||||
Distribution & Wholesale — 0.0% | ||||||||
WW Grainger Inc., 4.60%, 06/15/45 (Call 12/15/44) | 30 | 39,777 | ||||||
|
| |||||||
Diversified Financial Services — 1.5% | ||||||||
Air Lease Corp. | ||||||||
3.63%, 12/01/27 (Call 09/01/27) | 58 | 61,126 | ||||||
4.25%, 09/15/24 (Call 06/15/24) | 100 | 108,007 | ||||||
Aircastle Ltd., 4.13%, 05/01/24 (Call 02/01/24) | 35 | 36,096 | ||||||
Ally Financial Inc., 5.13%, 09/30/24 | 142 | 162,749 | ||||||
American Express Co., 2.75%, 05/20/22 (Call 04/19/22) | 200 | 206,612 | ||||||
Ameriprise Financial Inc., 3.00%, 03/22/22 | 200 | 206,970 | ||||||
BGC Partners Inc. | ||||||||
3.75%, 10/01/24 (Call 09/01/24) | 25 | 25,679 | ||||||
5.38%, 07/24/23 | 25 | 26,792 | ||||||
Capital One Financial Corp., 3.30%, 10/30/24 (Call 09/30/24) | 247 | 269,077 | ||||||
Cboe Global Markets Inc., 3.65%, 01/12/27 (Call 10/12/26) | 50 | 57,278 | ||||||
Charles Schwab Corp. (The) | ||||||||
2.65%, 01/25/23 (Call 12/25/22) | 88 | 92,270 | ||||||
3.20%, 01/25/28 (Call 10/25/27) | 37 | 41,975 | ||||||
CME Group Inc., 5.30%, 09/15/43 (Call 03/15/43) | 69 | 103,239 | ||||||
Discover Financial Services | ||||||||
3.75%, 03/04/25 (Call 12/04/24) | 37 | 40,747 | ||||||
3.85%, 11/21/22 | 22 | 23,439 | ||||||
3.95%, 11/06/24 (Call 08/06/24) | 83 | 92,005 | ||||||
Franklin Resources Inc., 2.85%, 03/30/25 | 90 | 98,024 | ||||||
GE Capital International Funding Co. Unlimited Co., 4.42%, 11/15/35 | 215 | 247,626 | ||||||
Intercontinental Exchange Inc., 2.10%, 06/15/30 (Call 03/15/30) | 100 | 104,929 | ||||||
International Lease Finance Corp., 5.88%, 08/15/22 | 22 | 23,693 | ||||||
Jefferies Group LLC/Jefferies Group Capital Finance Inc., 4.85%, 01/15/27 | 33 | 38,439 | ||||||
Lazard Group LLC, 3.75%, 02/13/25 | 30 | 32,939 | ||||||
Legg Mason Inc., 4.75%, 03/15/26 | 25 | 29,708 | ||||||
Mastercard Inc., 3.85%, 03/26/50 (Call 09/26/49) | 62 | 80,806 | ||||||
Raymond James Financial Inc., 3.63%, 09/15/26 | 124 | 142,312 | ||||||
Stifel Financial Corp., 4.25%, 07/18/24 | 22 | 24,710 |
Security | Par (000) | Value | ||||||
Diversified Financial Services (continued) | ||||||||
Synchrony Financial, 2.85%, 07/25/22 (Call 06/25/22) | $ | 122 | $ | 126,013 | ||||
Visa Inc. | ||||||||
3.15%, 12/14/25 (Call 09/14/25) | 100 | 111,645 | ||||||
3.65%, 09/15/47 (Call 03/15/47) | 75 | 95,940 | ||||||
Western Union Co. (The), 2.85%, 01/10/25 (Call 12/10/24) | 50 | 53,453 | ||||||
|
| |||||||
2,764,298 | ||||||||
Electric — 2.8% | ||||||||
Ameren Illinois Co., 3.70%, 12/01/47 (Call 06/01/47) | 41 | 50,579 | ||||||
Arizona Public Service Co., 2.60%, 08/15/29 (Call 05/15/29) | 100 | 108,690 | ||||||
Avangrid Inc., 3.15%, 12/01/24 (Call 10/01/24) | 27 | 29,421 | ||||||
CenterPoint Energy Houston Electric LLC, Series AD, 2.90%, 07/01/50 (Call 01/01/50) | 41 | 44,871 | ||||||
CenterPoint Energy Inc., 2.95%, 03/01/30 (Call 12/01/29) | 41 | 44,941 | ||||||
Consolidated Edison Co. of New York Inc., 4.45%, 03/15/44 (Call 09/15/43) | 127 | 162,720 | ||||||
Consumers Energy Co., 3.50%, 08/01/51 (Call 02/01/51) | 50 | 61,776 | ||||||
Dominion Energy Inc., Series C, 3.38%, 04/01/30 (Call 01/01/30) | 50 | 57,181 | ||||||
DTE Energy Co. | ||||||||
3.80%, 03/15/27 (Call 12/15/26) | 173 | 197,402 | ||||||
Series D, 3.70%, 08/01/23 (Call 07/01/23) | 66 | 71,413 | ||||||
Duke Energy Corp., 3.75%, 09/01/46 (Call 03/01/46) | 122 | 145,576 | ||||||
Duke Energy Florida LLC, 6.35%, 09/15/37 | 165 | 253,810 | ||||||
Entergy Corp., 2.80%, 06/15/30 (Call 03/15/30) | 50 | 54,408 | ||||||
Entergy Louisiana LLC, 4.00%, 03/15/33 (Call 12/15/32) | 50 | 62,562 | ||||||
Evergy Inc., 2.90%, 09/15/29 (Call 06/15/29) | 50 | 54,361 | ||||||
Evergy Metro Inc., Series 2020, 2.25%, 06/01/30 (Call 03/01/30) | 50 | 53,379 | ||||||
Exelon Corp., 4.70%, 04/15/50 (Call 10/15/49) | 150 | 202,711 | ||||||
FirstEnergy Corp., Series C, 4.85%, 07/15/47 (Call 01/15/47) | 49 | 59,903 | ||||||
Florida Power & Light Co., 3.15%, 10/01/49 (Call 04/01/49) | 100 | 117,339 | ||||||
Georgia Power Co., Series A, 2.20%, 09/15/24 (Call 08/15/24) | 70 | 73,743 | ||||||
Iberdrola International BV, 5.81%, 03/15/25 | 100 | 118,843 | ||||||
MidAmerican Energy Co., 6.75%, 12/30/31 | 200 | 300,854 | ||||||
National Rural Utilities Cooperative Finance Corp. | ||||||||
3.40%, 02/07/28 (Call 11/07/27) | 34 | 39,358 | ||||||
3.70%, 03/15/29 (Call 12/15/28) | 50 | 58,591 | ||||||
NextEra Energy Capital Holdings Inc., 3.50%, 04/01/29 (Call 01/01/29) | 74 | 85,016 | ||||||
Oglethorpe Power Corp., 5.25%, 09/01/50 | 22 | 27,386 | ||||||
Ohio Power Co., 4.00%, 06/01/49 (Call 12/01/48) | 119 | 149,380 | ||||||
Oklahoma Gas & Electric Co., 3.25%, 04/01/30 (Call 10/01/29) | 40 | 45,586 | ||||||
Oncor Electric Delivery Co. LLC | ||||||||
3.80%, 09/30/47 (Call 03/30/47) | 35 | 43,578 | ||||||
4.55%, 12/01/41 (Call 06/01/41) | 34 | 44,553 | ||||||
Pacific Gas & Electric Co. | ||||||||
3.15%, 01/01/26 | 50 | 52,844 | ||||||
3.50%, 06/15/25 (Call 03/15/25) | 50 | 53,354 | ||||||
3.75%, 07/01/28 | 50 | 54,198 | ||||||
4.50%, 07/01/40 | 50 | 56,482 | ||||||
4.55%, 07/01/30 (Call 01/01/30) | 50 | 57,168 | ||||||
4.95%, 07/01/50 (Call 01/01/50) | 50 | 59,480 | ||||||
PacifiCorp, 4.15%, 02/15/50 (Call 08/15/49) | 100 | 131,227 | ||||||
PPL Electric Utilities Corp., 4.15%, 06/15/48 (Call 12/15/47) | 100 | 129,676 | ||||||
Public Service Co. of Colorado, 4.05%, 09/15/49 (Call 03/15/49) | 85 | 111,697 | ||||||
Public Service Co. of New Hampshire, 3.60%, 07/01/49 (Call 01/01/49) | 40 | 48,747 | ||||||
Public Service Electric & Gas Co., 4.05%, 05/01/48 (Call 11/01/47) | 100 | 131,004 |
4
Schedule of Investments (unaudited) (continued) November 30, 2020 | iShares® Government/Credit Bond ETF (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Electric (continued) | ||||||||
Puget Sound Energy Inc., 3.25%, 09/15/49 (Call 03/15/49) | $ | 41 | $ | 46,321 | ||||
San Diego Gas & Electric Co., Series TTT, 4.10%, 06/15/49 (Call 12/15/48) | 44 | 55,229 | ||||||
Sempra Energy, 4.00%, 02/01/48 (Call 08/01/47) | 60 | 71,549 | ||||||
Southern California Edison Co. | ||||||||
3.65%, 02/01/50 (Call 08/01/49) | 50 | 58,018 | ||||||
4.00%, 04/01/47 (Call 10/01/46) | 50 | 59,551 | ||||||
Series A, 4.20%, 03/01/29 (Call 12/01/28) | 135 | 158,228 | ||||||
Southern Co. (The) | ||||||||
2.95%, 07/01/23 (Call 05/01/23) | 261 | 276,561 | ||||||
3.25%, 07/01/26 (Call 04/01/26) | 215 | 240,652 | ||||||
4.40%, 07/01/46 (Call 01/01/46) | 101 | 130,281 | ||||||
Tampa Electric Co., 4.30%, 06/15/48 (Call 12/15/47) | 40 | 51,463 | ||||||
Union Electric Co., 3.25%, 10/01/49 (Call 04/01/49) | 35 | 40,142 | ||||||
Virginia Electric & Power Co., 4.60%, 12/01/48 (Call 06/01/48) | 100 | 144,191 | ||||||
Wisconsin Power & Light Co., 3.05%, 10/15/27 (Call 07/15/27) | 100 | 111,136 | ||||||
Wisconsin Public Service Corp., 3.30%, 09/01/49 (Call 03/01/49) | 55 | 62,684 | ||||||
Xcel Energy Inc., 3.40%, 06/01/30 (Call 12/01/29) | 50 | 57,653 | ||||||
|
| |||||||
5,269,467 | ||||||||
Electronics — 0.4% | ||||||||
Agilent Technologies Inc., 2.75%, 09/15/29 (Call 06/15/29) | 54 | 59,026 | ||||||
Arrow Electronics Inc. | ||||||||
3.25%, 09/08/24 (Call 07/08/24) | 45 | 48,542 | ||||||
4.50%, 03/01/23 (Call 12/01/22) | 40 | 42,805 | ||||||
Avnet Inc. | ||||||||
4.63%, 04/15/26 (Call 01/15/26) | 25 | 27,828 | ||||||
4.88%, 12/01/22 | 50 | 53,704 | ||||||
Flex Ltd., 5.00%, 02/15/23 | 45 | 48,927 | ||||||
FLIR Systems Inc., 2.50%, 08/01/30 (Call 05/01/30) | 50 | 52,500 | ||||||
Fortive Corp., 3.15%, 06/15/26 (Call 03/15/26) | 55 | 60,956 | ||||||
Honeywell International Inc., 5.70%, 03/15/37 | 50 | 72,183 | ||||||
Jabil Inc., 3.95%, 01/12/28 (Call 10/12/27) | 68 | 75,922 | ||||||
Keysight Technologies Inc., 4.60%, 04/06/27 (Call 01/06/27) | 42 | 49,917 | ||||||
Roper Technologies Inc., 1.75%, 02/15/31 (Call 11/15/30) | 100 | 100,231 | ||||||
Trimble Inc., 4.15%, 06/15/23 (Call 05/15/23) | 50 | 54,159 | ||||||
|
| |||||||
746,700 | ||||||||
Environmental Control — 0.1% | ||||||||
Republic Services Inc., 3.05%, 03/01/50 (Call 09/01/49) | 25 | 27,733 | ||||||
Waste Management Inc., 4.15%, 07/15/49 (Call 01/15/49) | 50 | 66,238 | ||||||
|
| |||||||
93,971 | ||||||||
Food — 0.5% | ||||||||
Campbell Soup Co., 3.13%, 04/24/50 (Call 10/24/49) | 50 | 53,030 | ||||||
Conagra Brands Inc. | ||||||||
3.20%, 01/25/23 (Call 10/25/22) | 88 | 92,439 | ||||||
4.85%, 11/01/28 (Call 08/01/28) | 88 | 109,498 | ||||||
General Mills Inc. | ||||||||
3.70%, 10/17/23 (Call 09/17/23) | 22 | 23,979 | ||||||
4.70%, 04/17/48 (Call 10/17/47) | 48 | 67,514 | ||||||
Hershey Co. (The) | ||||||||
1.70%, 06/01/30 (Call 03/01/30) | 20 | 20,750 | ||||||
3.13%, 11/15/49 (Call 05/15/49) | 25 | 28,561 | ||||||
Ingredion Inc., 2.90%, 06/01/30 (Call 03/01/30) | 79 | 86,579 | ||||||
JM Smucker Co. (The), 3.50%, 03/15/25 | 52 | 57,888 | ||||||
Kellogg Co. | ||||||||
2.10%, 06/01/30 (Call 03/01/30) | 20 | 20,905 | ||||||
4.30%, 05/15/28 (Call 02/15/28) | 50 | 59,746 | ||||||
Kroger Co. (The) | ||||||||
3.88%, 10/15/46 (Call 04/15/46) | 40 | 47,317 |
Security | Par (000) | Value | ||||||
Food (continued) | ||||||||
5.15%, 08/01/43 (Call 02/01/43) | $ | 32 | $ | 43,752 | ||||
Mondelez International Inc., 3.63%, 05/07/23 (Call 04/07/23) | 22 | 23,702 | ||||||
Sysco Corp., 6.60%, 04/01/40 (Call 10/01/39) | 50 | 73,751 | ||||||
Tyson Foods Inc. | ||||||||
4.88%, 08/15/34 (Call 02/15/34) | 60 | 79,340 | ||||||
5.15%, 08/15/44 (Call 02/15/44) | 25 | 34,671 | ||||||
|
| |||||||
923,422 | ||||||||
Forest Products & Paper — 0.2% | ||||||||
Fibria Overseas Finance Ltd., 5.50%, 01/17/27 | 41 | 46,814 | ||||||
Georgia-Pacific LLC, 8.00%, 01/15/24 | 127 | 155,373 | ||||||
International Paper Co., 3.65%, 06/15/24 (Call 03/15/24) | 147 | 162,641 | ||||||
|
| |||||||
364,828 | ||||||||
Gas — 0.1% | ||||||||
Atmos Energy Corp., 4.13%, 03/15/49 (Call 09/15/48) | 39 | 50,814 | ||||||
National Fuel Gas Co., 3.75%, 03/01/23 (Call 12/01/22) | 22 | 23,074 | ||||||
NiSource Inc., 4.38%, 05/15/47 (Call 11/15/46) | 94 | 122,422 | ||||||
Southwest Gas Corp., 2.20%, 06/15/30 (Call 03/15/30) | 45 | 47,323 | ||||||
|
| |||||||
243,633 | ||||||||
Hand & Machine Tools — 0.1% | ||||||||
Kennametal Inc., 4.63%, 06/15/28 (Call 03/15/28) | 40 | 44,232 | ||||||
Stanley Black & Decker Inc., 2.30%, 03/15/30 (Call 12/15/29) | 50 | 53,605 | ||||||
|
| |||||||
97,837 | ||||||||
Health Care - Products — 0.5% | ||||||||
Abbott Laboratories, 4.90%, 11/30/46 (Call 05/30/46) | 100 | 149,244 | ||||||
Boston Scientific Corp. | ||||||||
1.90%, 06/01/25 (Call 05/01/25) | 25 | 26,131 | ||||||
3.75%, 03/01/26 (Call 01/01/26) | 50 | 56,753 | ||||||
4.00%, 03/01/29 (Call 12/01/28) | 50 | 58,673 | ||||||
4.55%, 03/01/39 (Call 09/01/38) | 24 | 30,648 | ||||||
DH Europe Finance II Sarl, 3.40%, 11/15/49 (Call 05/15/49) | 35 | 41,912 | ||||||
Koninklijke Philips NV, 5.00%, 03/15/42 | 29 | 39,505 | ||||||
Medtronic Inc., 3.50%, 03/15/25 | 173 | 194,078 | ||||||
Stryker Corp. | ||||||||
3.38%, 05/15/24 (Call 02/15/24) | 31 | 33,663 | ||||||
4.38%, 05/15/44 (Call 11/15/43) | 35 | 44,100 | ||||||
Thermo Fisher Scientific Inc. | ||||||||
2.60%, 10/01/29 (Call 07/01/29) | 52 | 57,258 | ||||||
3.65%, 12/15/25 (Call 09/09/25) | 57 | 64,245 | ||||||
Zimmer Biomet Holdings Inc. | ||||||||
3.05%, 01/15/26 (Call 12/15/25) | 100 | 109,877 | ||||||
3.55%, 04/01/25 (Call 01/01/25) | 55 | 60,574 | ||||||
|
| |||||||
966,661 | ||||||||
Health Care - Services — 1.0% | ||||||||
Advocate Health & Hospitals Corp. | ||||||||
Series 2020, 2.21%, 06/15/30 (Call 03/15/30) | 20 | 20,892 | ||||||
Series 2020, 3.01%, 06/15/50 (Call 12/15/49) | 20 | 21,444 | ||||||
Aetna Inc. | ||||||||
2.75%, 11/15/22 (Call 08/15/22) | 52 | 54,011 | ||||||
4.75%, 03/15/44 (Call 09/15/43) | 50 | 64,133 | ||||||
Anthem Inc. | ||||||||
3.13%, 05/15/50 (Call 11/15/49) | 83 | 91,492 | ||||||
4.63%, 05/15/42 | 100 | 131,694 | ||||||
Ascension Health | ||||||||
4.85%, 11/15/53 | 25 | 37,480 | ||||||
Series B, 3.11%, 11/15/39 (Call 05/15/39) | 30 | 33,023 | ||||||
Children’s Hospital Medical Center/Cincinnati OH, 4.27%, 05/15/44 | 25 | 30,949 |
5
Schedule of Investments (unaudited) (continued) November 30, 2020 | iShares® Government/Credit Bond ETF (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Health Care - Services (continued) | ||||||||
CommonSpirit Health | ||||||||
4.19%, 10/01/49 (Call 04/01/49) | $ | 22 | $ | 24,456 | ||||
4.35%, 11/01/42 | 35 | 40,285 | ||||||
HCA Inc. | ||||||||
5.25%, 04/15/25 | 114 | 133,012 | ||||||
5.25%, 06/15/49 (Call 12/15/48) | 50 | 66,110 | ||||||
Humana Inc. | ||||||||
3.15%, 12/01/22 (Call 09/01/22) | 123 | 128,735 | ||||||
3.95%, 08/15/49 (Call 02/15/49) | 50 | 61,631 | ||||||
Indiana University Health Inc. Obligated Group, 3.97%, 11/01/48 (Call 05/01/48) | 20 | 24,920 | ||||||
Laboratory Corp. of America Holdings, 2.95%, 12/01/29 (Call 09/01/29) | 50 | 55,233 | ||||||
Mount Sinai Hospitals Group Inc., Series 2019, 3.74%, 07/01/49 (Call 01/01/49) | 50 | 54,591 | ||||||
Northwell Healthcare Inc., 3.98%, 11/01/46 (Call 11/01/45) | 20 | 22,702 | ||||||
Partners Healthcare System Inc., Series 2020, 3.19%, 07/01/49 (Call 01/01/49) | 44 | 46,683 | ||||||
Toledo Hospital (The), 5.75%, 11/15/38 (Call 11/15/28) | 48 | 56,546 | ||||||
UnitedHealth Group Inc. | ||||||||
2.88%, 03/15/22 (Call 12/15/21) | 72 | 73,918 | ||||||
2.90%, 05/15/50 (Call 11/15/49) | 100 | 111,222 | ||||||
3.50%, 06/15/23 | 218 | 235,623 | ||||||
4.75%, 07/15/45 | 88 | 125,463 | ||||||
6.88%, 02/15/38 | 65 | 107,701 | ||||||
|
| |||||||
1,853,949 | ||||||||
Holding Companies - Diversified — 0.1% | ||||||||
Ares Capital Corp., 4.25%, 03/01/25 (Call 01/01/25) | 41 | 43,771 | ||||||
FS KKR Capital Corp., 4.13%, 02/01/25 (Call 01/01/25) | 50 | 51,066 | ||||||
Main Street Capital Corp., 5.20%, 05/01/24 | 35 | 37,284 | ||||||
Oaktree Specialty Lending Corp., 3.50%, 02/25/25 (Call 01/25/25) | 25 | 25,910 | ||||||
Owl Rock Capital Corp., 4.00%, 03/30/25 (Call 02/28/25) | 25 | 25,795 | ||||||
|
| |||||||
183,826 | ||||||||
Home Builders — 0.0% | ||||||||
NVR Inc., 3.00%, 05/15/30 (Call 11/15/29) | 41 | 44,524 | ||||||
|
| |||||||
Home Furnishings — 0.0% | ||||||||
Whirlpool Corp., 4.75%, 02/26/29 (Call 11/26/28) | 33 | 40,452 | ||||||
|
| |||||||
Household Products & Wares — 0.1% | ||||||||
Church & Dwight Co. Inc., 3.95%, 08/01/47 (Call 02/01/47) | 43 | 53,196 | ||||||
Clorox Co. (The), 3.05%, 09/15/22 (Call 06/15/22) | 25 | 26,015 | ||||||
Kimberly-Clark Corp., 2.88%, 02/07/50 (Call 08/07/49) | 100 | 113,362 | ||||||
|
| |||||||
192,573 | ||||||||
Insurance — 1.2% | ||||||||
Aflac Inc. | ||||||||
3.60%, 04/01/30 (Call 01/01/30) | 25 | 29,468 | ||||||
3.63%, 11/15/24 | 26 | 29,092 | ||||||
Allstate Corp. (The), 4.50%, 06/15/43 | 40 | 54,116 | ||||||
American International Group Inc., 4.38%, 01/15/55 (Call 07/15/54) | 105 | 134,400 | ||||||
Aon Corp. | ||||||||
2.80%, 05/15/30 (Call 02/15/30) | 25 | 27,318 | ||||||
3.75%, 05/02/29 (Call 02/02/29) | 49 | 57,514 | ||||||
Arch Capital Group Ltd., 3.64%, 06/30/50 (Call 12/30/49) | 50 | 58,922 | ||||||
Athene Holding Ltd., 4.13%, 01/12/28 (Call 10/12/27) | 37 | 40,932 | ||||||
AXA SA, 8.60%, 12/15/30 | 47 | 72,675 | ||||||
AXIS Specialty Finance PLC, 4.00%, 12/06/27 (Call 09/06/27) | 47 | 52,181 |
Security | Par (000) | Value | ||||||
Insurance (continued) | ||||||||
Berkshire Hathaway Finance Corp. | ||||||||
4.20%, 08/15/48 (Call 02/15/48) | $ | 25 | $ | 33,481 | ||||
4.25%, 01/15/49 (Call 07/15/48) | 80 | 107,692 | ||||||
Brighthouse Financial Inc., 3.70%, 06/22/27 (Call 03/22/27) | 39 | 42,390 | ||||||
Chubb INA Holdings Inc. | ||||||||
2.88%, 11/03/22 (Call 09/03/22) | 47 | 49,066 | ||||||
3.35%, 05/03/26 (Call 02/03/26) | 47 | 53,106 | ||||||
CNA Financial Corp., 4.50%, 03/01/26 (Call 12/01/25) | 45 | 52,732 | ||||||
Equitable Holdings Inc., 3.90%, 04/20/23 (Call 03/20/23) | 100 | 107,798 | ||||||
Fairfax Financial Holdings Ltd., 4.85%, 04/17/28 (Call 01/17/28) | 30 | 33,272 | ||||||
Globe Life Inc., 2.15%, 08/15/30 (Call 05/15/30) | 25 | 25,331 | ||||||
Lincoln National Corp. | ||||||||
4.20%, 03/15/22 | 20 | 20,961 | ||||||
4.38%, 06/15/50 (Call 12/15/49) | 25 | 31,486 | ||||||
7.00%, 06/15/40 | 25 | 37,802 | ||||||
Loews Corp., 2.63%, 05/15/23 (Call 02/15/23) | 25 | 26,188 | ||||||
Manulife Financial Corp., 4.15%, 03/04/26 | 41 | 47,974 | ||||||
Marsh & McLennan Companies Inc. | ||||||||
3.88%, 03/15/24 (Call 02/15/24) | 250 | 276,360 | ||||||
4.38%, 03/15/29 (Call 12/15/28) | 200 | 244,544 | ||||||
MetLife Inc. | ||||||||
4.05%, 03/01/45 | 29 | 37,103 | ||||||
4.88%, 11/13/43 | 30 | 42,476 | ||||||
Old Republic International Corp., 4.88%, 10/01/24 (Call 09/01/24) | 28 | 32,115 | ||||||
PartnerRe Finance B LLC, 3.70%, 07/02/29 (Call 04/02/29) | 30 | 34,230 | ||||||
Principal Financial Group Inc. | ||||||||
4.35%, 05/15/43 | 34 | 42,376 | ||||||
4.63%, 09/15/42 | 25 | 31,886 | ||||||
Prudential Financial Inc. | ||||||||
3.70%, 10/01/50 (Call 07/01/30)(a) | 100 | 104,250 | ||||||
3.88%, 03/27/28 (Call 12/27/27) | 98 | 115,575 | ||||||
Reinsurance Group of America Inc., 3.15%, 06/15/30 (Call 03/15/30) | 41 | 45,156 | ||||||
Sompo International Holdings Ltd., 4.70%, 10/15/22 | 25 | 26,844 | ||||||
Willis North America Inc., 3.88%, 09/15/49 (Call 03/15/49) | 40 | 49,100 | ||||||
XLIT Ltd., 5.50%, 03/31/45 | 30 | 41,455 | ||||||
|
| |||||||
2,349,367 | ||||||||
Internet — 0.6% | ||||||||
Alibaba Group Holding Ltd., 3.40%, 12/06/27 (Call 09/06/27) | 200 | 224,286 | ||||||
Alphabet Inc., 2.00%, 08/15/26 (Call 05/15/26) | 50 | 53,651 | ||||||
Amazon.com Inc. | ||||||||
3.15%, 08/22/27 (Call 05/22/27) | 53 | 60,242 | ||||||
4.05%, 08/22/47 (Call 02/22/47) | 165 | 220,612 | ||||||
Booking Holdings Inc. | ||||||||
2.75%, 03/15/23 (Call 02/15/23) | 22 | 23,079 | ||||||
4.50%, 04/13/27 (Call 02/13/27) | 50 | 59,080 | ||||||
4.63%, 04/13/30 (Call 01/13/30) | 50 | 61,529 | ||||||
eBay Inc. | ||||||||
1.90%, 03/11/25 (Call 02/11/25) | 50 | 52,264 | ||||||
2.70%, 03/11/30 (Call 12/11/29) | 41 | 43,843 | ||||||
2.75%, 01/30/23 (Call 12/30/22) | 89 | 93,104 | ||||||
Expedia Group Inc., 3.25%, 02/15/30 (Call 11/15/29) | 50 | 50,689 | ||||||
TD Ameritrade Holding Corp., 2.95%, 04/01/22 (Call 02/01/22) | 225 | 231,874 | ||||||
|
| |||||||
1,174,253 | ||||||||
Iron & Steel — 0.1% | ||||||||
Nucor Corp., 5.20%, 08/01/43 (Call 02/01/43) | 33 | 47,537 |
6
Schedule of Investments (unaudited) (continued) November 30, 2020 | iShares® Government/Credit Bond ETF (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Iron & Steel (continued) | ||||||||
Vale Overseas Ltd., 3.75%, 07/08/30 (Call 04/08/30) | $ | 50 | $ | 54,975 | ||||
|
| |||||||
102,512 | ||||||||
Leisure Time — 0.0% | ||||||||
Harley-Davidson Inc., 3.50%, 07/28/25 (Call 04/28/25)(c) | 20 | 21,760 | ||||||
|
| |||||||
Lodging — 0.1% | ||||||||
Hyatt Hotels Corp., 5.38%, 04/23/25 (Call 03/23/25) | 50 | 56,023 | ||||||
Las Vegas Sands Corp., 3.20%, 08/08/24 (Call 07/08/24) | 65 | 67,957 | ||||||
Marriott International Inc./MD, 4.63%, 06/15/30 (Call 03/15/30) | 58 | 66,921 | ||||||
|
| |||||||
190,901 | ||||||||
Machinery — 0.3% | ||||||||
Caterpillar Inc. | ||||||||
3.25%, 04/09/50 (Call 10/09/49) | 50 | 59,494 | ||||||
6.05%, 08/15/36 | 53 | 78,644 | ||||||
CNH Industrial Capital LLC, 1.95%, 07/02/23 | 25 | 25,586 | ||||||
Deere & Co., 3.75%, 04/15/50 (Call 10/15/49) | 50 | 65,162 | ||||||
John Deere Capital Corp., 3.45%, 03/13/25 | 62 | 69,319 | ||||||
Otis Worldwide Corp., 3.36%, 02/15/50 (Call 08/15/49) | 25 | 28,849 | ||||||
Westinghouse Air Brake Technologies Corp. | ||||||||
4.40%, 03/15/24 (Call 02/15/24) | 60 | 65,681 | ||||||
4.95%, 09/15/28 (Call 06/15/28) | 59 | 68,982 | ||||||
Xylem Inc./NY, 2.25%, 01/30/31 (Call 10/30/30) | 26 | 27,454 | ||||||
|
| |||||||
489,171 | ||||||||
Manufacturing — 0.3% | ||||||||
3M Co., 4.00%, 09/14/48 (Call 03/14/48) | 76 | 98,157 | ||||||
General Electric Co. | ||||||||
3.63%, 05/01/30 (Call 02/01/30) | 100 | 111,888 | ||||||
4.35%, 05/01/50 (Call 11/01/49) | 100 | 117,183 | ||||||
Parker-Hannifin Corp. | ||||||||
3.25%, 03/01/27 (Call 12/01/26) | 58 | 64,514 | ||||||
3.30%, 11/21/24 (Call 08/21/24) | 61 | 66,757 | ||||||
4.45%, 11/21/44 (Call 05/21/44) | 33 | 42,463 | ||||||
Textron Inc., 4.30%, 03/01/24 (Call 12/01/23) | 71 | 77,257 | ||||||
Trane Technologies Luxembourg Finance SA, 3.80%, 03/21/29 (Call 12/21/28) | 59 | 69,657 | ||||||
|
| |||||||
647,876 | ||||||||
Media — 1.3% | ||||||||
Charter Communications Operating LLC/Charter Communications Operating Capital | ||||||||
3.70%, 04/01/51 (Call 10/01/50) | 100 | 104,526 | ||||||
4.80%, 03/01/50 (Call��09/01/49) | 105 | 125,725 | ||||||
5.13%, 07/01/49 (Call 01/01/49) | 62 | 76,236 | ||||||
Comcast Corp. | ||||||||
3.45%, 02/01/50 (Call 08/01/49) | 150 | 176,610 | ||||||
3.70%, 04/15/24 (Call 03/15/24) | 100 | 110,113 | ||||||
4.25%, 10/15/30 (Call 07/15/30) | 200 | 247,068 | ||||||
4.25%, 01/15/33 | 100 | 124,913 | ||||||
4.70%, 10/15/48 (Call 04/15/48) | 200 | 282,230 | ||||||
Discovery Communications LLC | ||||||||
2.95%, 03/20/23 (Call 02/20/23) | 71 | 74,861 | ||||||
4.65%, 05/15/50 (Call 11/15/49) | 100 | 121,686 | ||||||
Fox Corp., 5.58%, 01/25/49 (Call 07/25/48) | 39 | 56,868 | ||||||
Thomson Reuters Corp. | ||||||||
5.50%, 08/15/35 | 29 | 37,885 | ||||||
5.85%, 04/15/40 | 28 | 38,048 | ||||||
Time Warner Entertainment Co. LP, 8.38%, 07/15/33 | 112 | 174,432 | ||||||
TWDC Enterprises 18 Corp. | ||||||||
3.70%, 12/01/42 | 20 | 23,396 | ||||||
4.38%, 08/16/41 | 22 | 27,949 |
Security | Par (000) | Value | ||||||
Media (continued) | ||||||||
Series E, 4.13%, 12/01/41 | $ | 62 | $ | 76,747 | ||||
ViacomCBS Inc. | ||||||||
2.90%, 01/15/27 (Call 10/15/26) | 75 | 81,835 | ||||||
3.70%, 08/15/24 (Call 05/15/24) | 94 | 102,821 | ||||||
4.95%, 05/19/50 (Call 11/19/49) | 100 | 127,495 | ||||||
Walt Disney Co. (The) | ||||||||
1.75%, 08/30/24 (Call 07/30/24) | 30 | 31,074 | ||||||
2.00%, 09/01/29 (Call 06/01/29) | 30 | 31,150 | ||||||
2.75%, 09/01/49 (Call 03/01/49) | 180 | 184,588 | ||||||
3.70%, 09/15/24 (Call 06/15/24) | 27 | 29,772 | ||||||
6.40%, 12/15/35 | 28 | 42,959 | ||||||
|
| |||||||
2,510,987 | ||||||||
Metal Fabricate & Hardware — 0.1% | ||||||||
Precision Castparts Corp. | ||||||||
2.50%, 01/15/23 (Call 10/15/22) | 60 | 62,436 | ||||||
3.25%, 06/15/25 (Call 03/15/25) | 30 | 33,190 | ||||||
|
| |||||||
95,626 | ||||||||
Mining — 0.2% | ||||||||
Barrick North America Finance LLC, 5.75%, 05/01/43 | 25 | 36,944 | ||||||
BHP Billiton Finance USA Ltd. | ||||||||
2.88%, 02/24/22 | 22 | 22,669 | ||||||
5.00%, 09/30/43 | 51 | 74,243 | ||||||
Newmont Corp. | ||||||||
3.70%, 03/15/23 (Call 12/15/22) | 6 | 6,330 | ||||||
5.45%, 06/09/44 (Call 12/09/43) | 50 | 71,911 | ||||||
Rio Tinto Finance USA Ltd., 3.75%, 06/15/25 (Call 03/15/25) | 115 | 129,436 | ||||||
Southern Copper Corp., 5.88%, 04/23/45 | 50 | 70,844 | ||||||
Teck Resources Ltd., 6.13%, 10/01/35 | 40 | 50,430 | ||||||
|
| |||||||
462,807 | ||||||||
Oil & Gas — 1.6% | ||||||||
BP Capital Markets America Inc. | ||||||||
2.77%, 11/10/50 (Call 05/10/50) | 100 | 99,433 | ||||||
3.54%, 04/06/27 (Call 02/06/27) | 50 | 56,423 | ||||||
Canadian Natural Resources Ltd. | ||||||||
2.05%, 07/15/25 (Call 06/15/25) | 55 | 56,797 | ||||||
3.80%, 04/15/24 (Call 01/15/24) | 75 | 80,819 | ||||||
4.95%, 06/01/47 (Call 12/01/46) | 25 | 30,450 | ||||||
Chevron Corp. | ||||||||
2.36%, 12/05/22 (Call 09/05/22) | 167 | 173,174 | ||||||
2.95%, 05/16/26 (Call 02/16/26) | 112 | 124,125 | ||||||
Cimarex Energy Co. | ||||||||
3.90%, 05/15/27 (Call 02/15/27) | 38 | 41,597 | ||||||
4.38%, 06/01/24 (Call 03/01/24) | 20 | 21,577 | ||||||
Concho Resources Inc., 4.85%, 08/15/48 (Call 02/15/48) | 49 | 65,215 | ||||||
ConocoPhillips, 5.90%, 05/15/38 | 25 | 35,502 | ||||||
ConocoPhillips Co., 4.30%, 11/15/44 (Call 05/15/44) | 82 | 103,242 | ||||||
Devon Energy Corp., 4.75%, 05/15/42 (Call 11/15/41) | 51 | 55,318 | ||||||
Diamondback Energy Inc., 3.25%, 12/01/26 (Call 10/01/26) | 70 | 74,050 | ||||||
Ecopetrol SA, 5.88%, 05/28/45 | 80 | 95,126 | ||||||
EOG Resources Inc. | ||||||||
3.90%, 04/01/35 (Call 10/01/34) | 23 | 26,829 | ||||||
4.38%, 04/15/30 (Call 01/15/30) | 50 | 60,849 | ||||||
Equinor ASA, 3.70%, 04/06/50 (Call 10/06/49) | 100 | 120,439 | ||||||
Exxon Mobil Corp. | ||||||||
3.04%, 03/01/26 (Call 12/01/25) | 105 | 116,045 | ||||||
3.48%, 03/19/30 (Call 12/19/29) | 50 | 57,923 | ||||||
4.33%, 03/19/50 (Call 09/19/49) | 46 | 59,558 | ||||||
Hess Corp., 6.00%, 01/15/40 | 75 | 91,164 | ||||||
Husky Energy Inc., 3.95%, 04/15/22 (Call 01/15/22) | 200 | 205,630 |
7
Schedule of Investments (unaudited) (continued) November 30, 2020 | iShares® Government/Credit Bond ETF (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Oil & Gas (continued) | ||||||||
Marathon Oil Corp., 5.20%, 06/01/45 (Call 12/01/44) | $ | 50 | $ | 54,780 | ||||
Marathon Petroleum Corp., 4.70%, 05/01/25 (Call 04/01/25) | 200 | 226,982 | ||||||
Noble Energy Inc. | ||||||||
3.25%, 10/15/29 (Call 07/15/29) | 25 | 28,252 | ||||||
5.05%, 11/15/44 (Call 05/15/44) | 41 | 56,014 | ||||||
Phillips 66 | ||||||||
2.15%, 12/15/30 (Call 09/15/30) | 32 | 31,935 | ||||||
4.88%, 11/15/44 (Call 05/15/44) | 50 | 63,291 | ||||||
Shell International Finance BV | ||||||||
2.75%, 04/06/30 (Call 01/06/30) | 100 | 110,717 | ||||||
4.55%, 08/12/43 | 112 | 147,536 | ||||||
Suncor Energy Inc. | ||||||||
3.10%, 05/15/25 (Call 04/15/25) | 100 | 108,956 | ||||||
3.60%, 12/01/24 (Call 09/01/24) | 87 | 95,766 | ||||||
Total Capital Canada Ltd., 2.75%, 07/15/23 | 25 | 26,536 | ||||||
Total Capital International SA, 3.13%, 05/29/50 (Call 11/29/49) | 100 | 109,173 | ||||||
Valero Energy Corp. | ||||||||
3.40%, 09/15/26 (Call 06/15/26) | 50 | 54,056 | ||||||
4.90%, 03/15/45 | 50 | 57,589 | ||||||
|
| |||||||
3,022,868 | ||||||||
Oil & Gas Services — 0.1% | ||||||||
Baker Hughes a GE Co. LLC/Baker Hughes Co-Obligor Inc., 4.08%, 12/15/47 (Call 06/15/47) | 55 | 63,344 | ||||||
Halliburton Co., 2.92%, 03/01/30 (Call 12/01/29) | 25 | 25,654 | ||||||
Schlumberger Investment SA, 3.65%, 12/01/23 (Call 09/01/23) | 118 | 127,419 | ||||||
|
| |||||||
216,417 | ||||||||
Packaging & Containers — 0.1% | ||||||||
Packaging Corp. of America, 3.65%, 09/15/24 (Call 06/15/24) | 26 | 28,440 | ||||||
WRKCo Inc., 4.20%, 06/01/32 (Call 03/01/32) | 60 | 72,628 | ||||||
|
| |||||||
101,068 | ||||||||
Pharmaceuticals — 2.4% | ||||||||
AbbVie Inc. | ||||||||
3.20%, 11/21/29 (Call 08/21/29) | 100 | 113,168 | ||||||
3.85%, 06/15/24 (Call 03/15/24) | 280 | 307,762 | ||||||
4.25%, 11/21/49 (Call 05/21/49) | 200 | 252,726 | ||||||
4.55%, 03/15/35 (Call 09/15/34) | 113 | 143,419 | ||||||
AstraZeneca PLC | ||||||||
3.50%, 08/17/23 (Call 07/17/23) | 88 | 95,006 | ||||||
4.00%, 01/17/29 (Call 10/17/28) | 89 | 106,445 | ||||||
6.45%, 09/15/37 | 25 | 38,763 | ||||||
Becton Dickinson and Co. | ||||||||
3.73%, 12/15/24 (Call 09/15/24) | 50 | 55,194 | ||||||
4.67%, 06/06/47 (Call 12/06/46) | 50 | 65,465 | ||||||
Bristol-Myers Squibb Co. | ||||||||
3.63%, 05/15/24 (Call 02/15/24) | 100 | 109,734 | ||||||
4.25%, 10/26/49 (Call 04/26/49) | 141 | 191,193 | ||||||
Cardinal Health Inc. | ||||||||
3.08%, 06/15/24 (Call 04/15/24) | 77 | 82,749 | ||||||
4.90%, 09/15/45 (Call 03/15/45) | 25 | 30,484 | ||||||
Cigna Corp. | ||||||||
3.40%, 03/15/50 (Call 09/15/49) | 75 | 84,680 | ||||||
3.75%, 07/15/23 (Call 06/15/23) | 250 | 270,590 | ||||||
4.38%, 10/15/28 (Call 07/15/28) | 166 | 199,594 | ||||||
CVS Health Corp. | ||||||||
1.75%, 08/21/30 (Call 05/21/30) | 50 | 49,864 | ||||||
3.88%, 07/20/25 (Call 04/20/25) | 100 | 112,970 | ||||||
4.25%, 04/01/50 (Call 10/01/49) | 50 | 62,719 | ||||||
5.05%, 03/25/48 (Call 09/25/47) | 193 | 260,135 | ||||||
Eli Lilly & Co., 4.15%, 03/15/59 (Call 09/15/58) | 60 | 82,460 |
Security | Par (000) | Value | ||||||
Pharmaceuticals (continued) | ||||||||
GlaxoSmithKline Capital Inc., 6.38%, 05/15/38 | $ | 75 | $ | 119,108 | ||||
Johnson & Johnson | ||||||||
3.55%, 03/01/36 (Call 09/01/35) | 93 | 113,939 | ||||||
3.70%, 03/01/46 (Call 09/01/45) | 123 | 157,883 | ||||||
McKesson Corp. | ||||||||
3.80%, 03/15/24 (Call 12/15/23) | 73 | 79,978 | ||||||
3.95%, 02/16/28 (Call 11/16/27) | 23 | 26,764 | ||||||
4.88%, 03/15/44 (Call 09/15/43) | 23 | 28,368 | ||||||
Mead Johnson Nutrition Co., 5.90%, 11/01/39 | 41 | 61,096 | ||||||
Merck & Co. Inc. | ||||||||
2.45%, 06/24/50 (Call 12/24/49) | 50 | 52,030 | ||||||
4.00%, 03/07/49 (Call 09/07/48) | 75 | 99,281 | ||||||
Mylan Inc., 5.40%, 11/29/43 (Call 05/29/43) | 35 | 46,522 | ||||||
Novartis Capital Corp. | ||||||||
2.40%, 05/17/22 (Call 04/17/22) | 90 | 92,705 | ||||||
4.00%, 11/20/45 (Call 05/20/45) | 23 | 30,114 | ||||||
4.40%, 05/06/44 | 73 | 101,034 | ||||||
Pfizer Inc. | ||||||||
2.63%, 04/01/30 (Call 01/01/30) | 39 | 43,338 | ||||||
3.20%, 09/15/23 (Call 08/15/23) | 213 | 229,486 | ||||||
7.20%, 03/15/39 | 100 | 171,290 | ||||||
Shire Acquisitions Investments Ireland DAC, 3.20%, 09/23/26 (Call 06/23/26) | 171 | 191,012 | ||||||
Utah Acquisition Sub Inc., 3.95%, 06/15/26 (Call 03/15/26) | 25 | 28,524 | ||||||
Viatris Inc. | ||||||||
2.70%, 06/22/30 (Call 03/22/30)(b) | 70 | 74,132 | ||||||
4.00%, 06/22/50 (Call 12/22/49)(b) | 20 | 22,803 | ||||||
Zoetis Inc., 3.00%, 05/15/50 (Call 11/15/49) | 50 | 54,666 | ||||||
|
| |||||||
4,539,193 | ||||||||
Pipelines — 1.3% | ||||||||
Boardwalk Pipelines LP, 4.95%, 12/15/24 (Call 09/15/24) | 41 | 45,163 | ||||||
Cheniere Corpus Christi Holdings LLC | ||||||||
3.70%, 11/15/29 (Call 05/18/29) | 25 | 27,364 | ||||||
5.88%, 03/31/25 (Call 10/02/24) | 50 | 57,324 | ||||||
7.00%, 06/30/24 (Call 01/01/24) | 25 | 28,858 | ||||||
Columbia Pipeline Group Inc., 4.50%, 06/01/25 (Call 03/01/25) | 22 | 25,329 | ||||||
Enbridge Energy Partners LP, Series B, 7.50%, 04/15/38 | 32 | 44,959 | ||||||
Enbridge Inc., 3.13%, 11/15/29 (Call 08/15/29) | 42 | 45,625 | ||||||
Energy Transfer Operating LP | ||||||||
3.75%, 05/15/30 (Call 02/15/30) | 50 | 51,788 | ||||||
5.00%, 05/15/50 (Call 11/15/49) | 142 | 149,243 | ||||||
5.25%, 04/15/29 (Call 01/15/29) | 100 | 113,096 | ||||||
Enterprise Products Operating LLC | ||||||||
3.95%, 02/15/27 (Call 11/15/26) | 108 | 124,237 | ||||||
4.25%, 02/15/48 (Call 08/15/47) | 210 | 244,616 | ||||||
Kinder Morgan Energy Partners LP, 5.40%, 09/01/44 (Call 03/01/44) | 86 | 105,373 | ||||||
Kinder Morgan Inc. | ||||||||
4.30%, 03/01/28 (Call 12/01/27) | 75 | 86,998 | ||||||
5.20%, 03/01/48 (Call 09/01/47) | 50 | 62,006 | ||||||
Magellan Midstream Partners LP, 4.20%, 10/03/47 (Call 04/03/47) | 50 | 55,659 | ||||||
MPLX LP | ||||||||
4.88%, 06/01/25 (Call 03/01/25) | 100 | 114,306 | ||||||
5.50%, 02/15/49 (Call 08/15/48) | 100 | 124,203 | ||||||
ONEOK Inc., 3.10%, 03/15/30 (Call 12/15/29) | 60 | 60,883 | ||||||
ONEOK Partners LP, 6.20%, 09/15/43 (Call 03/15/43) | 50 | 58,452 | ||||||
Phillips 66 Partners LP, 3.75%, 03/01/28 (Call 12/01/27) | 19 | 20,222 | ||||||
Plains All American Pipeline LP/PAA Finance Corp. 3.55%, 12/15/29 (Call 09/15/29) | 25 | 25,644 |
8
Schedule of Investments (unaudited) (continued) November 30, 2020 | iShares® Government/Credit Bond ETF (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Pipelines (continued) | ||||||||
3.80%, 09/15/30 (Call 06/15/30) | $ | 25 | $ | 26,001 | ||||
4.50%, 12/15/26 (Call 09/15/26) | 25 | 27,437 | ||||||
4.90%, 02/15/45 (Call 08/15/44) | 22 | 22,168 | ||||||
Sabine Pass Liquefaction LLC | ||||||||
4.20%, 03/15/28 (Call 09/15/27) | 63 | 70,915 | ||||||
5.63%, 03/01/25 (Call 12/01/24) | 123 | 142,248 | ||||||
Sunoco Logistics Partners Operations LP, 4.00%, 10/01/27 (Call 07/01/27) | 80 | 85,811 | ||||||
TransCanada PipeLines Ltd. | ||||||||
4.25%, 05/15/28 (Call 02/15/28) | 100 | 117,210 | ||||||
6.10%, 06/01/40 | 50 | 68,071 | ||||||
6.20%, 10/15/37 | 50 | 69,602 | ||||||
Transcontinental Gas Pipe Line Co. LLC, 4.00%, 03/15/28 (Call 12/15/27) | 103 | 118,013 | ||||||
Williams Companies Inc. (The) | ||||||||
3.50%, 11/15/30 (Call 08/15/30) | 50 | 55,450 | ||||||
4.85%, 03/01/48 (Call 09/01/47) | 50 | 59,654 | ||||||
|
| |||||||
2,533,928 | ||||||||
Real Estate — 0.0% | ||||||||
Brookfield Asset Management Inc., 4.00%, 01/15/25 (Call 10/15/24) | 30 | 33,489 | ||||||
|
| |||||||
Real Estate Investment Trusts — 1.1% | ||||||||
Alexandria Real Estate Equities Inc., 4.00%, 02/01/50 (Call 08/01/49) | 25 | 30,896 | ||||||
American Campus Communities Operating Partnership LP, 3.88%, 01/30/31 (Call 10/30/30) | 25 | 27,996 | ||||||
American Homes 4 Rent LP, 4.25%, 02/15/28 (Call 11/15/27) | 25 | 28,724 | ||||||
American Tower Corp. | ||||||||
3.10%, 06/15/50 (Call 12/15/49) | 50 | 51,777 | ||||||
3.50%, 01/31/23 | 38 | 40,413 | ||||||
AvalonBay Communities Inc., 4.35%, 04/15/48 (Call 10/15/47) . | 25 | 32,321 | ||||||
Boston Properties LP, 3.25%, 01/30/31 (Call 10/30/30) | 50 | 54,554 | ||||||
Brandywine Operating Partnership LP, 3.95%, 11/15/27 (Call 08/15/27) | 20 | 20,864 | ||||||
Brixmor Operating Partnership LP, 4.05%, 07/01/30 (Call 04/01/30) | 45 | 50,816 | ||||||
Columbia Property Trust Operating Partnership LP, 4.15%, 04/01/25 (Call 01/01/25) | 30 | 31,538 | ||||||
Corporate Office Properties LP, 5.00%, 07/01/25 (Call 04/01/25) | 20 | 22,664 | ||||||
Crown Castle International Corp. | ||||||||
2.25%, 01/15/31 (Call 10/15/30) | 100 | 103,391 | ||||||
3.25%, 01/15/51 (Call 07/15/50) | 45 | 47,557 | ||||||
CyrusOne LP/CyrusOne Finance Corp., 2.90%, 11/15/24 (Call 10/15/24) | 57 | 60,660 | ||||||
Digital Realty Trust LP, 3.60%, 07/01/29 (Call 04/01/29) | 74 | 84,995 | ||||||
Equinix Inc. | ||||||||
2.15%, 07/15/30 (Call 04/15/30) | 25 | 25,556 | ||||||
3.00%, 07/15/50 (Call 01/15/50) | 19 | 19,485 | ||||||
3.20%, 11/18/29 (Call 08/18/29) | 25 | 27,595 | ||||||
ERP Operating LP, 2.50%, 02/15/30 (Call 11/15/29) | 25 | 26,780 | ||||||
Essex Portfolio LP, 4.50%, 03/15/48 (Call 09/15/47) | 25 | 32,179 | ||||||
Federal Realty Investment Trust, 3.50%, 06/01/30 (Call 03/01/30) | 50 | 55,365 | ||||||
GLP Capital LP/GLP Financing II Inc., 5.38%, 11/01/23 (Call 08/01/23) | 61 | 65,931 | ||||||
Healthcare Trust of America Holdings LP, 3.10%, 02/15/30 (Call 11/15/29) | 34 | 36,868 |
Security | Par (000) | Value | ||||||
Real Estate Investment Trusts (continued) | ||||||||
Healthpeak Properties Inc. | ||||||||
2.88%, 01/15/31 (Call 10/15/30) | $ | 20 | $ | 21,554 | ||||
3.40%, 02/01/25 (Call 11/01/24) | 29 | 31,805 | ||||||
3.88%, 08/15/24 (Call 05/15/24) | 35 | 38,764 | ||||||
Host Hotels & Resorts LP, Series D, 3.75%, 10/15/23 (Call 07/15/23) | 20 | 20,912 | ||||||
Kilroy Realty LP, 4.25%, 08/15/29 (Call 05/15/29) | 45 | 51,460 | ||||||
Kimco Realty Corp. | ||||||||
1.90%, 03/01/28 (Call 01/01/28) | 50 | 50,378 | ||||||
3.70%, 10/01/49 (Call 04/01/49) | 26 | 27,185 | ||||||
Kite Realty Group LP, 4.00%, 10/01/26 (Call 07/01/26) | 25 | 24,907 | ||||||
National Retail Properties Inc. | ||||||||
3.50%, 10/15/27 (Call 07/15/27) | 20 | 21,806 | ||||||
3.60%, 12/15/26 (Call 09/15/26) | 20 | 21,937 | ||||||
Office Properties Income Trust, 4.50%, 02/01/25 (Call 11/01/24) | 30 | 31,130 | ||||||
Omega Healthcare Investors Inc., 3.63%, 10/01/29 (Call 07/01/29) | 25 | 26,066 | ||||||
Prologis LP, 2.25%, 04/15/30 (Call 01/15/30) | 100 | 107,289 | ||||||
Realty Income Corp., 4.65%, 03/15/47 (Call 09/15/46) | 25 | 33,855 | ||||||
Regency Centers LP, 4.65%, 03/15/49 (Call 09/15/48) | 20 | 23,708 | ||||||
Retail Properties of America Inc., 4.00%, 03/15/25 (Call 12/15/24) | 25 | 25,118 | ||||||
Sabra Health Care LP | ||||||||
3.90%, 10/15/29 (Call 07/15/29) | 20 | 20,660 | ||||||
4.80%, 06/01/24 (Call 05/01/24) | 20 | 21,294 | ||||||
Simon Property Group LP | ||||||||
3.38%, 12/01/27 (Call 09/01/27) | 105 | 115,428 | ||||||
6.75%, 02/01/40 (Call 11/01/39) | 15 | 21,665 | ||||||
Spirit Realty LP, 4.00%, 07/15/29 (Call 04/15/29) | 20 | 22,135 | ||||||
UDR Inc., 3.00%, 08/15/31 (Call 05/15/31) | 70 | 76,765 | ||||||
Welltower Inc., 2.75%, 01/15/31 (Call 10/15/30) | 100 | 104,898 | ||||||
Weyerhaeuser Co. | ||||||||
4.00%, 04/15/30 (Call 01/15/30) | 50 | 58,840 | ||||||
7.38%, 03/15/32 | 25 | 37,161 | ||||||
|
| |||||||
2,015,645 | ||||||||
Retail — 1.0% | ||||||||
AutoNation Inc., 3.80%, 11/15/27 (Call 08/15/27) | 50 | 55,088 | ||||||
AutoZone Inc. | ||||||||
3.70%, 04/15/22 (Call 01/15/22) | 55 | 57,058 | ||||||
3.75%, 04/18/29 (Call 01/18/29) | 50 | 57,604 | ||||||
Costco Wholesale Corp. | ||||||||
2.75%, 05/18/24 (Call 03/18/24) | 47 | 50,674 | ||||||
3.00%, 05/18/27 (Call 02/18/27) | 53 | 59,648 | ||||||
Darden Restaurants Inc., 3.85%, 05/01/27 (Call 02/01/27) | 25 | 27,291 | ||||||
Dollar General Corp., 3.88%, 04/15/27 (Call 01/15/27) | 50 | 57,792 | ||||||
Home Depot Inc. (The) | ||||||||
2.50%, 04/15/27 (Call 02/15/27) | 50 | 54,625 | ||||||
2.95%, 06/15/29 (Call 03/15/29) | 33 | 37,337 | ||||||
3.25%, 03/01/22 | 35 | 36,318 | ||||||
3.35%, 04/15/50 (Call 10/15/49) | 90 | 106,826 | ||||||
4.50%, 12/06/48 (Call 06/06/48) | 95 | 132,699 | ||||||
Lowe’s Companies Inc. | ||||||||
3.12%, 04/15/22 (Call 01/15/22) | 66 | 68,115 | ||||||
3.38%, 09/15/25 (Call 06/15/25) | 50 | 55,940 | ||||||
3.65%, 04/05/29 (Call 01/05/29) | 50 | 58,216 | ||||||
4.00%, 04/15/25 (Call 03/15/25) | 50 | 56,871 | ||||||
McDonald’s Corp. | ||||||||
3.63%, 09/01/49 (Call 03/01/49) | 55 | 64,464 | ||||||
4.60%, 05/26/45 (Call 11/26/44) | 56 | 73,595 |
9
Schedule of Investments (unaudited) (continued) November 30, 2020 | iShares® Government/Credit Bond ETF (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Retail (continued) | ||||||||
O’Reilly Automotive Inc. | ||||||||
3.90%, 06/01/29 (Call 03/01/29) | $ | 30 | $ | 35,212 | ||||
4.20%, 04/01/30 (Call 01/01/30) | 25 | 30,043 | ||||||
Starbucks Corp., 4.50%, 11/15/48 (Call 05/15/48) | 65 | 84,533 | ||||||
Target Corp., 3.38%, 04/15/29 (Call 01/15/29) | 125 | 146,321 | ||||||
TJX Companies Inc. (The) | ||||||||
2.50%, 05/15/23 (Call 02/15/23) | 20 | 20,908 | ||||||
4.50%, 04/15/50 (Call 10/15/49) | 25 | 35,783 | ||||||
Walgreens Boots Alliance Inc., 4.65%, 06/01/46 (Call 12/01/45) | 50 | 57,320 | ||||||
Walmart Inc. | ||||||||
2.95%, 09/24/49 (Call 03/24/49) | 125 | 145,575 | ||||||
3.55%, 06/26/25 (Call 04/26/25) | 72 | 81,428 | ||||||
3.70%, 06/26/28 (Call 03/26/28) | 42 | 49,597 | ||||||
5.25%, 09/01/35 | 53 | 77,727 | ||||||
|
| |||||||
1,874,608 | ||||||||
Savings & Loans — 0.0% | ||||||||
New York Community Bancorp Inc., 5.90%, 11/06/28 (Call 11/06/23)(a) | 50 | 51,171 | ||||||
|
| |||||||
Semiconductors — 0.7% | ||||||||
Analog Devices Inc., 3.50%, 12/05/26 (Call 09/05/26) | 125 | 141,841 | ||||||
Applied Materials Inc. | ||||||||
1.75%, 06/01/30 (Call 03/01/30) | 89 | 92,488 | ||||||
5.10%, 10/01/35 (Call 04/01/35) | 40 | 55,986 | ||||||
Broadcom Corp./Broadcom Cayman Finance Ltd., 3.88%, 01/15/27 (Call 10/15/26) | 134 | 150,444 | ||||||
Broadcom Inc. | ||||||||
2.25%, 11/15/23 | 100 | 104,400 | ||||||
4.30%, 11/15/32 (Call 08/15/32) | 23 | 27,342 | ||||||
Intel Corp., 3.73%, 12/08/47 (Call 06/08/47) | 120 | 146,956 | ||||||
KLA Corp., 4.10%, 03/15/29 (Call 12/15/28) | 41 | 49,234 | ||||||
Lam Research Corp., 3.75%, 03/15/26 (Call 01/15/26) | 100 | 114,726 | ||||||
Marvell Technology Group Ltd., 4.88%, 06/22/28 (Call 03/22/28) | 46 | 54,929 | ||||||
Micron Technology Inc., 2.50%, 04/24/23 | 100 | 104,339 | ||||||
NVIDIA Corp., 3.50%, 04/01/40 (Call 10/01/39) | 27 | 32,671 | ||||||
NXP BV/NXP Funding LLC/NXP USA Inc., 3.40%, 05/01/30 (Call 02/01/30)(b) | 41 | 46,336 | ||||||
QUALCOMM Inc. | ||||||||
1.30%, 05/20/28 (Call 02/20/28)(b) | 26 | 26,104 | ||||||
1.65%, 05/20/32 (Call 02/20/32)(b) | 63 | 63,052 | ||||||
3.25%, 05/20/50 (Call 11/20/49) | 40 | 47,189 | ||||||
Texas Instruments Inc. | ||||||||
1.38%, 03/12/25 (Call 02/12/25) | 50 | 51,677 | ||||||
4.15%, 05/15/48 (Call 11/15/47) | 27 | 37,172 | ||||||
Xilinx Inc., 2.38%, 06/01/30 (Call 03/01/30) | 35 | 36,756 | ||||||
|
| |||||||
1,383,642 | ||||||||
Software — 1.4% | ||||||||
Activision Blizzard Inc. | ||||||||
3.40%, 09/15/26 (Call 06/15/26) | 93 | 105,636 | ||||||
4.50%, 06/15/47 (Call 12/15/46) | 25 | 32,465 | ||||||
Adobe Inc., 2.30%, 02/01/30 (Call 11/01/29) | 50 | 54,345 | ||||||
Autodesk Inc., 4.38%, 06/15/25 (Call 03/15/25) | 46 | 52,290 | ||||||
Broadridge Financial Solutions Inc., 2.90%, 12/01/29 (Call 09/01/29) | 42 | 45,934 | ||||||
Fidelity National Information Services Inc., 3.00%, 08/15/26 (Call 05/15/26) | 29 | 32,259 | ||||||
Fiserv Inc. | ||||||||
2.65%, 06/01/30 (Call 03/01/30) | 100 | 108,591 |
Security | Par (000) | Value | ||||||
Software (continued) | ||||||||
2.75%, 07/01/24 (Call 06/01/24) | $ | 50 | $ | 53,524 | ||||
3.50%, 10/01/22 (Call 07/01/22) | 58 | 60,792 | ||||||
Intuit Inc., 0.95%, 07/15/25 (Call 06/15/25) | 117 | 118,348 | ||||||
Microsoft Corp. | ||||||||
2.00%, 08/08/23 (Call 06/08/23) | 40 | 41,759 | ||||||
2.40%, 02/06/22 (Call 01/06/22) | 46 | 47,105 | ||||||
2.53%, 06/01/50 (Call 12/01/49) | 190 | 204,242 | ||||||
3.30%, 02/06/27 (Call 11/06/26) | 48 | 54,822 | ||||||
3.45%, 08/08/36 (Call 02/08/36) | 50 | 61,870 | ||||||
3.50%, 11/15/42 | 87 | 108,895 | ||||||
3.95%, 08/08/56 (Call 02/08/56) | 50 | 68,791 | ||||||
Oracle Corp. | ||||||||
2.40%, 09/15/23 (Call 07/15/23) | 271 | 285,171 | ||||||
2.50%, 05/15/22 (Call 03/15/22) | 300 | 308,529 | ||||||
2.50%, 10/15/22 | 72 | 74,949 | ||||||
2.63%, 02/15/23 (Call 01/15/23) | 106 | 111,010 | ||||||
3.60%, 04/01/40 (Call 10/01/39) | 28 | 32,706 | ||||||
3.60%, 04/01/50 (Call 10/01/49) | 65 | 75,628 | ||||||
3.80%, 11/15/37 (Call 05/15/37) | 100 | 119,741 | ||||||
3.85%, 04/01/60 (Call 10/01/59) | 66 | 81,327 | ||||||
3.90%, 05/15/35 (Call 11/15/34) | 100 | 123,403 | ||||||
4.30%, 07/08/34 (Call 01/08/34) | 55 | 70,222 | ||||||
4.50%, 07/08/44 (Call 01/08/44) | 26 | 33,751 | ||||||
VMware Inc., 2.95%, 08/21/22 (Call 07/21/22) | 97 | 100,996 | ||||||
|
| |||||||
2,669,101 | ||||||||
Telecommunications — 1.6% | ||||||||
AT&T Inc. | ||||||||
2.30%, 06/01/27 (Call 04/01/27) | 100 | 106,211 | ||||||
2.75%, 06/01/31 (Call 03/01/31) | 150 | 159,415 | ||||||
3.50%, 09/15/53 (Call 03/15/53)(b) | 126 | 129,159 | ||||||
3.55%, 09/15/55 (Call 03/15/55)(b) | 173 | 177,766 | ||||||
3.65%, 06/01/51 (Call 12/01/50) | 122 | 129,115 | ||||||
3.65%, 09/15/59 (Call 03/15/59)(b) | 92 | 93,862 | ||||||
4.10%, 02/15/28 (Call 11/15/27) | 43 | 50,644 | ||||||
4.35%, 06/15/45 (Call 12/15/44) | 27 | 31,924 | ||||||
4.50%, 03/09/48 (Call 09/09/47) | 83 | 100,752 | ||||||
4.80%, 06/15/44 (Call 12/15/43) | 20 | 25,148 | ||||||
Cisco Systems Inc., 5.90%, 02/15/39 | 45 | 69,310 | ||||||
Corning Inc. | ||||||||
2.90%, 05/15/22 (Call 03/15/22) | 20 | 20,586 | ||||||
3.90%, 11/15/49 (Call 05/15/49) | 20 | 23,985 | ||||||
5.75%, 08/15/40 | 23 | 30,556 | ||||||
Deutsche Telekom International Finance BV, 8.75%, 06/15/30 | 66 | 104,652 | ||||||
Juniper Networks Inc., 5.95%, 03/15/41 | 25 | 32,758 | ||||||
Motorola Solutions Inc., 4.00%, 09/01/24 | 133 | 148,601 | ||||||
Rogers Communications Inc., 3.70%, 11/15/49 (Call 05/15/49) | 100 | 119,119 | ||||||
Telefonica Emisiones SA, 7.05%, 06/20/36 | 36 | 53,790 | ||||||
TELUS Corp., 4.30%, 06/15/49 (Call 12/15/48) | 51 | 64,199 | ||||||
T-Mobile USA Inc. | ||||||||
2.55%, 02/15/31 (Call 11/15/30)(b) | 50 | 52,060 | ||||||
3.50%, 04/15/25 (Call 03/15/25)(b) | 100 | 110,528 | ||||||
4.50%, 04/15/50 (Call 10/15/49)(b) | 103 | 128,628 | ||||||
Verizon Communications Inc. | ||||||||
1.75%, 01/20/31 (Call 10/20/30) | 100 | 101,099 | ||||||
2.88%, 11/20/50 (Call 05/20/50) | 100 | 104,430 | ||||||
2.99%, 10/30/56 (Call 04/30/56)(b) | 166 | 175,492 | ||||||
4.02%, 12/03/29 (Call 09/03/29) | 100 | 119,292 | ||||||
4.40%, 11/01/34 (Call 05/01/34) | 200 | 252,838 | ||||||
5.01%, 04/15/49 | 16 | 22,637 |
10
Schedule of Investments (unaudited) (continued) November 30, 2020 | iShares® Government/Credit Bond ETF (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Telecommunications (continued) | ||||||||
Vodafone Group PLC | ||||||||
4.38%, 05/30/28 | $ | 164 | $ | 196,723 | ||||
5.00%, 05/30/38 | 113 | 146,967 | ||||||
|
| |||||||
3,082,246 | ||||||||
Toys, Games & Hobbies — 0.1% | ||||||||
Hasbro Inc. | ||||||||
3.50%, 09/15/27 (Call 06/15/27) | 42 | 45,743 | ||||||
3.55%, 11/19/26 (Call 09/19/26) | 50 | 55,153 | ||||||
|
| |||||||
100,896 | ||||||||
Transportation — 0.9% | ||||||||
Burlington Northern Santa Fe LLC | ||||||||
3.00%, 03/15/23 (Call 12/15/22) | 132 | 138,939 | ||||||
3.55%, 02/15/50 (Call 08/15/49) | 67 | 84,096 | ||||||
3.65%, 09/01/25 (Call 06/01/25) | 50 | 56,602 | ||||||
3.85%, 09/01/23 (Call 06/01/23) | 100 | 108,671 | ||||||
3.90%, 08/01/46 (Call 02/01/46) | 65 | 83,745 | ||||||
Canadian National Railway Co. | ||||||||
2.75%, 03/01/26 (Call 12/01/25) | 35 | 38,328 | ||||||
6.25%, 08/01/34 | 65 | 99,381 | ||||||
Canadian Pacific Railway Co., 6.13%, 09/15/2115 (Call 03/15/2115) | 25 | 39,852 | ||||||
CSX Corp. | ||||||||
2.40%, 02/15/30 (Call 11/15/29) | 28 | 30,290 | ||||||
3.80%, 11/01/46 (Call 05/01/46) | 53 | 64,916 | ||||||
4.40%, 03/01/43 (Call 09/01/42) | 33 | 42,011 | ||||||
6.00%, 10/01/36 | 30 | 43,671 | ||||||
FedEx Corp. | ||||||||
3.40%, 02/15/28 (Call 11/15/27) | 38 | 43,333 | ||||||
3.80%, 05/15/25 (Call 04/15/25) | 50 | 56,537 | ||||||
4.55%, 04/01/46 (Call 10/01/45) | 25 | 32,071 | ||||||
5.25%, 05/15/50 (Call 11/15/49) | 50 | 71,220 | ||||||
Kansas City Southern, 3.50%, 05/01/50 (Call 11/01/49) | 25 | 27,490 | ||||||
Norfolk Southern Corp., 3.16%, 05/15/55 (Call 11/15/54) | 67 | 75,023 | ||||||
Ryder System Inc., 2.90%, 12/01/26 (Call 10/01/26) | 50 | 54,579 | ||||||
Union Pacific Corp. | ||||||||
3.95%, 09/10/28 (Call 06/10/28) | 77 | 91,317 | ||||||
4.50%, 09/10/48 (Call 03/10/48) | 130 | 175,250 | ||||||
United Parcel Service Inc. | ||||||||
2.50%, 04/01/23 (Call 03/01/23) | 82 | 86,010 | ||||||
2.80%, 11/15/24 (Call 09/15/24) | 20 | 21,713 | ||||||
4.25%, 03/15/49 (Call 09/15/48) | 100 | 134,435 | ||||||
|
| |||||||
1,699,480 | ||||||||
Trucking & Leasing — 0.0% | ||||||||
GATX Corp., 3.50%, 03/15/28 (Call 12/15/27) | 60 | 66,901 | ||||||
|
| |||||||
Water — 0.1% | ||||||||
American Water Capital Corp., 3.75%, 09/01/47 (Call 03/01/47) | 65 | 80,445 | ||||||
Essential Utilities Inc., 2.70%, 04/15/30 (Call 01/15/30) | 40 | 43,190 | ||||||
|
| |||||||
123,635 | ||||||||
|
| |||||||
Total Corporate Bonds & Notes — 38.4% |
| 72,599,467 | ||||||
|
| |||||||
Foreign Government Obligations(d) |
| |||||||
Canada — 0.8% | ||||||||
Canada Government International Bond, 1.63%, 01/22/25 | 140 | 147,102 | ||||||
Province of Alberta Canada, 3.30%, 03/15/28 | 150 | 173,193 |
Security | Par (000) | Value | ||||||
Canada (continued) | ||||||||
Province of British Columbia Canada | ||||||||
2.00%, 10/23/22 | $ | 210 | $ | 216,897 | ||||
2.25%, 06/02/26 | 187 | 203,641 | ||||||
Province of Manitoba Canada | ||||||||
2.13%, 06/22/26 | 98 | 105,260 | ||||||
3.05%, 05/14/24 | 25 | 27,127 | ||||||
Province of New Brunswick Canada, 3.63%, 02/24/28 | 91 | 106,146 | ||||||
Province of Ontario Canada | ||||||||
2.55%, 04/25/22 | 200 | 206,320 | ||||||
3.20%, 05/16/24 | 145 | 158,708 | ||||||
Province of Quebec Canada, Series PD, 7.50%, 09/15/29 | 38 | 57,754 | ||||||
|
| |||||||
1,402,148 | ||||||||
Chile — 0.1% | ||||||||
Chile Government International Bond, 2.45%, 01/31/31 (Call 10/31/30) | 200 | 212,110 | ||||||
|
| |||||||
Colombia — 0.2% | ||||||||
Colombia Government International Bond, 5.20%, 05/15/49 (Call 11/15/48) | 210 | 263,245 | ||||||
|
| |||||||
Germany — 0.1% | ||||||||
FMS Wertmanagement, 2.75%, 03/06/23 | 200 | 211,242 | ||||||
|
| |||||||
Hungary — 0.1% | ||||||||
Hungary Government International Bond, 5.38%, 03/25/24 | 158 | 180,450 | ||||||
|
| |||||||
Israel — 0.2% | ||||||||
Israel Government International Bond, 4.13%, 01/17/48 | 200 | 256,670 | ||||||
|
| |||||||
Italy — 0.2% | ||||||||
Republic of Italy Government International Bond | ||||||||
2.38%, 10/17/24 | 225 | 236,430 | ||||||
5.38%, 06/15/33 | 25 | 32,354 | ||||||
|
| |||||||
268,784 | ||||||||
Japan — 0.2% | ||||||||
Japan Bank for International Cooperation | ||||||||
2.25%, 11/04/26 | 200 | 216,888 | ||||||
2.38%, 11/16/22 | 200 | 207,940 | ||||||
|
| |||||||
424,828 | ||||||||
Mexico — 0.4% | ||||||||
Mexico Government International Bond | ||||||||
4.15%, 03/28/27 | 375 | 426,600 | ||||||
4.60%, 01/23/46 | 200 | 227,482 | ||||||
6.05%, 01/11/40 | 100 | 131,059 | ||||||
|
| |||||||
785,141 | ||||||||
Panama — 0.1% | ||||||||
Panama Government International Bond, 3.16%, 01/23/30 (Call 10/23/29) | 200 | 219,296 | ||||||
|
| |||||||
Peru — 0.2% | ||||||||
Peruvian Government International Bond | ||||||||
4.13%, 08/25/27 | 158 | 183,738 | ||||||
7.35%, 07/21/25 | 200 | 254,986 | ||||||
|
| |||||||
438,724 | ||||||||
Philippines — 0.1% | ||||||||
Philippine Government International Bond, 2.46%, 05/05/30 | 216 | 233,481 | ||||||
|
| |||||||
Poland — 0.1% | ||||||||
Republic of Poland Government International Bond, 5.00%, 03/23/22 | 225 | 238,795 | ||||||
|
|
11
Schedule of Investments (unaudited) (continued) November 30, 2020 | iShares® Government/Credit Bond ETF (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Supranational — 1.7% | ||||||||
Asian Development Bank | ||||||||
1.75%, 09/13/22 | $ | 445 | $ | 457,100 | ||||
2.75%, 01/19/28 | 200 | 227,416 | ||||||
5.82%, 06/16/28 | 85 | 115,116 | ||||||
Corp. Andina de Fomento, 4.38%, 06/15/22 | 20 | 21,070 | ||||||
European Investment Bank | ||||||||
0.25%, 09/15/23 | 500 | 500,195 | ||||||
2.13%, 04/13/26 | 99 | 107,502 | ||||||
2.38%, 05/24/27 | 99 | 109,694 | ||||||
Inter-American Development Bank | ||||||||
2.00%, 06/02/26 | 99 | 106,579 | ||||||
2.00%, 07/23/26 | 100 | 107,764 | ||||||
4.38%, 01/24/44 | 115 | 172,891 | ||||||
International Bank for Reconstruction & Development | ||||||||
0.63%, 04/22/25 | 200 | 201,732 | ||||||
1.75%, 10/23/29 | 84 | 89,956 | ||||||
1.88%, 10/27/26 | 199 | 213,684 | ||||||
3.00%, 09/27/23 | 400 | 430,756 | ||||||
International Finance Corp., 2.13%, 04/07/26 | 99 | 107,418 | ||||||
Nordic Investment Bank, 0.38%, 05/19/23 | 200 | 200,620 | ||||||
|
| |||||||
3,169,493 | ||||||||
Sweden — 0.1% | ||||||||
Svensk Exportkredit AB, 2.88%, 03/14/23 | 235 | 248,571 | ||||||
|
| |||||||
Uruguay — 0.1% | ||||||||
Uruguay Government International Bond | ||||||||
4.13%, 11/20/45 | 70 | 84,885 | ||||||
4.50%, 08/14/24(c) | 25 | 27,469 | ||||||
5.10%, 06/18/50 | 70 | 96,167 | ||||||
8.00%, 11/18/22 | 27 | 29,638 | ||||||
|
| |||||||
238,159 | ||||||||
|
| |||||||
Total Foreign Government Obligations — 4.7% | 8,791,137 | |||||||
|
| |||||||
Municipal Debt Obligations |
| |||||||
California — 0.3% | ||||||||
Bay Area Toll Authority RB BAB, Series S-3, 6.91%, 10/01/50 | 25 | 45,434 | ||||||
California State University RB, Class B, 2.98%, 11/01/51 (Call 05/01/51) | 25 | 26,196 | ||||||
Los Angeles Community College District/CA GO BAB, 6.75%, 08/01/49(c) | 25 | 45,604 | ||||||
Los Angeles Department of Water & Power System Revenue RB BAB, Series A, 5.72%, 07/01/39 | 20 | 29,626 | ||||||
Los Angeles Unified School District/CA GO BAB, 5.75%, 07/01/34 | 25 | 34,481 | ||||||
State of California GO | ||||||||
2.50%, 10/01/29 | 50 | 54,436 | ||||||
3.38%, 04/01/25 | 25 | 27,863 | ||||||
4.50%, 04/01/33 (Call 04/01/28) | 25 | 30,004 | ||||||
State of California GO BAB, 7.63%, 03/01/40 | 50 | 86,983 | ||||||
University of California RB | ||||||||
Series AD, 4.86%, 05/15/2112 | 25 | 35,031 | ||||||
Series AJ, 4.60%, 05/15/31 | 50 | 59,963 | ||||||
|
| |||||||
475,621 | ||||||||
Georgia — 0.0% | ||||||||
Municipal Electric Authority of Georgia RB BAB, Project M, | ||||||||
Series 2010-A, 6.66%, 04/01/57 | 20 | 30,205 | ||||||
|
|
Security | Par (000) | Value | ||||||
Illinois — 0.1% | ||||||||
Chicago O’Hare International Airport RB, Series C, 4.47%, 01/01/49 | $ | 50 | $ | 62,228 | ||||
Chicago Transit Authority RB, Series A, 6.90%, 12/01/40 | 25 | 35,477 | ||||||
State of Illinois GO, 5.10%, 06/01/33(c) | 65 | 66,257 | ||||||
State of Illinois GO BAB, Series 5, 7.35%, 07/01/35 | 50 | 56,337 | ||||||
|
| |||||||
220,299 | ||||||||
Kentucky — 0.0% | ||||||||
Louisville & Jefferson County Metropolitan Sewer District RB BAB, 6.25%, 05/15/43 | 25 | 39,220 | ||||||
|
| |||||||
Massachusetts — 0.0% | ||||||||
Commonwealth of Massachusetts GOL, Series E, 5.46%, 12/01/39 | 25 | 35,698 | ||||||
|
| |||||||
Michigan — 0.0% | ||||||||
Michigan Finance Authority RB, 3.38%, 12/01/40 | 25 | 27,808 | ||||||
|
| |||||||
New Jersey — 0.1% | ||||||||
New Jersey Economic Development Authority RB, Series B, 0.00%, 02/15/23 (AGM)(e) | 50 | 48,812 | ||||||
New Jersey State Turnpike Authority RB BAB, Series A, 7.10%, 01/01/41 | 50 | 81,484 | ||||||
New Jersey Transportation Trust Fund Authority RB, 4.13%, 06/15/42 | 50 | 49,970 | ||||||
|
| |||||||
180,266 | ||||||||
New York — 0.2% | ||||||||
Metropolitan Transportation Authority RB BAB, Series 2010-A, 6.67%, 11/15/39 | 45 | 55,789 | ||||||
New York City Transitional Finance Authority Future Tax Secured Revenue RB BAB, 5.57%, 11/01/38 | 50 | 67,523 | ||||||
New York City Water & Sewer System RB BAB, 5.44%, 06/15/43 | 50 | 76,298 | ||||||
New York State Dormitory Authority RB BAB, Series F, 5.63%, 03/15/39 | 15 | 19,742 | ||||||
Port Authority of New York & New Jersey RB | ||||||||
Series 174, 4.46%, 10/01/62 | 50 | 65,074 | ||||||
Series 182, 5.31%, 08/01/46 (Call 08/01/24) | 50 | 56,843 | ||||||
|
| |||||||
341,269 | ||||||||
Ohio — 0.1% | ||||||||
American Municipal Power Inc. RB BAB, Series E, 6.27%, 02/15/50 | 25 | 35,700 | ||||||
JobsOhio Beverage System RB, Series B, 4.53%, 01/01/35 | 25 | 31,948 | ||||||
Ohio State University (The) RB BAB, Series C, 4.91%, 06/01/40 | 25 | 35,004 | ||||||
Ohio Water Development Authority Water Pollution Control Loan Fund RB, Series B-2, 4.88%, 12/01/34 | 25 | 30,273 | ||||||
|
| |||||||
132,925 | ||||||||
Oregon — 0.0% | ||||||||
State of Oregon GO, 5.89%, 06/01/27 | 50 | 63,023 | ||||||
|
| |||||||
Texas — 0.2% | ||||||||
City of San Antonio Texas Electric & Gas Systems Revenue RB BAB, 5.81%, 02/01/41 | 40 | 59,601 | ||||||
Dallas Area Rapid Transit RB BAB, 5.02%, 12/01/48(c) | 25 | 35,217 | ||||||
Grand Parkway Transportation Corp. RB, 3.24%, 10/01/52 (Call 04/01/30) | 50 | 51,766 | ||||||
North Texas Tollway Authority RB BAB, Series B, 6.72%, 01/01/49 | 25 | 42,964 | ||||||
State of Texas GO BAB, 5.52%, 04/01/39 | 65 | 96,151 |
12
Schedule of Investments (unaudited) (continued) November 30, 2020 | iShares® Government/Credit Bond ETF (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Texas (continued) | ||||||||
Texas Transportation Commission State Highway Fund RB, 4.00%, 10/01/33 | $ | 50 | $ | 62,537 | ||||
|
| |||||||
348,236 | ||||||||
Virginia — 0.0% | ||||||||
University of Virginia RB, Series C, 4.18%, 09/01/2117 (Call 03/01/2117) | 25 | 31,818 | ||||||
|
| |||||||
Washington — 0.1% | ||||||||
State of Washington GO BAB, Series F, 5.14%, 08/01/40 | 45 | 65,436 | ||||||
|
| |||||||
Wisconsin — 0.0% | ||||||||
State of Wisconsin RB, 3.95%, 05/01/36 (Call 05/01/27) | 25 | 27,909 | ||||||
|
| |||||||
Total Municipal Debt Obligations — 1.1% |
| 2,019,733 | ||||||
|
| |||||||
U.S. Government & Agency Obligations |
| |||||||
U.S. Government Agency Obligations — 2.1% | ||||||||
Federal Farm Credit Banks Funding Corp., 1.85%, 07/26/24 | 10 | 10,513 | ||||||
Federal Home Loan Banks | ||||||||
1.50%, 08/15/24 | 20 | 20,906 | ||||||
2.13%, 06/09/23 | 20 | 20,928 | ||||||
2.50%, 12/09/22 | 20 | 20,934 | ||||||
2.88%, 12/10/21 | 20 | 20,547 | ||||||
3.00%, 10/12/21 | 60 | 61,493 | ||||||
3.13%, 09/12/25 | 10 | 11,255 | ||||||
3.25%, 06/09/28 | 90 | 106,040 | ||||||
3.25%, 11/16/28 | 145 | 172,730 | ||||||
3.38%, 09/08/23 | 25 | 27,107 | ||||||
5.50%, 07/15/36 | 25 | 38,781 | ||||||
Federal Home Loan Mortgage Corp. | ||||||||
0.25%, 09/08/23 | 800 | 800,520 | ||||||
2.38%, 01/13/22 | 245 | 251,140 | ||||||
6.25%, 07/15/32 | 65 | 100,760 | ||||||
Federal National Mortgage Association | ||||||||
0.25%, 07/10/23 | 300 | 300,135 | ||||||
0.63%, 04/22/25 | 500 | 505,040 | ||||||
1.63%, 01/07/25 | 25 | 26,277 | ||||||
1.75%, 07/02/24 | 250 | 263,077 | ||||||
1.88%, 04/05/22 | 200 | 204,642 | ||||||
1.88%, 09/24/26 | 75 | 80,608 | ||||||
2.00%, 10/05/22 | 100 | 103,346 | ||||||
2.25%, 04/12/22 | 40 | 41,135 | ||||||
2.38%, 01/19/23 | 100 | 104,634 | ||||||
2.63%, 01/11/22 | 55 | 56,526 | ||||||
2.63%, 09/06/24 | 70 | 76,191 | ||||||
5.63%, 07/15/37 | 36 | 57,412 | ||||||
6.25%, 05/15/29 | 50 | 71,612 | ||||||
6.63%, 11/15/30 | 90 | 136,708 | ||||||
7.25%, 05/15/30 | 35 | 54,516 | ||||||
Tennessee Valley Authority | ||||||||
3.50%, 12/15/42 | 50 | 62,704 | ||||||
5.25%, 09/15/39 | 60 | 90,611 | ||||||
6.15%, 01/15/38 | 15 | 24,213 | ||||||
|
| |||||||
3,923,041 | ||||||||
U.S. Government Obligations — 52.7% | ||||||||
U.S. Treasury Note/Bond | ||||||||
0.13%, 05/31/22 | 500 | 499,902 | ||||||
0.13%, 07/31/22 | 2,000 | 1,999,297 | ||||||
0.13%, 09/30/22 | 500 | 499,805 |
Security | Par (000) | Value | ||||||
U.S. Government Obligations (continued) | ||||||||
0.13%, 05/15/23 | $ | 500 | $ | 499,531 | ||||
0.13%, 08/15/23 | 500 | 499,297 | ||||||
0.13%, 09/15/23 | 400 | 399,375 | ||||||
0.25%, 04/15/23 | 750 | 751,582 | ||||||
0.25%, 06/15/23 | 300 | 300,586 | ||||||
0.25%, 11/15/23 | 100 | 100,188 | ||||||
0.25%, 05/31/25 | 500 | 498,477 | ||||||
0.25%, 06/30/25 | 700 | 697,430 | ||||||
0.25%, 07/31/25 | 250 | 249,023 | ||||||
0.25%, 08/31/25 | 1,330 | 1,324,186 | ||||||
0.25%, 10/31/25(c) | 800 | 795,937 | ||||||
0.38%, 03/31/22 | 1,000 | 1,003,242 | ||||||
0.38%, 04/30/25 | 600 | 601,641 | ||||||
0.38%, 11/30/25 | 800 | 800,562 | ||||||
0.38%, 07/31/27 | 750 | 740,273 | ||||||
0.38%, 09/30/27 | 1,500 | 1,477,734 | ||||||
0.50%, 03/15/23 | 400 | 403,094 | ||||||
0.50%, 03/31/25 | 1,300 | 1,310,867 | ||||||
0.50%, 04/30/27 | 100 | 99,719 | ||||||
0.50%, 06/30/27 | 450 | 448,172 | ||||||
0.50%, 08/31/27 | 150 | 149,156 | ||||||
0.63%, 03/31/27 | 400 | 402,250 | ||||||
0.63%, 11/30/27 | 600 | 600,375 | ||||||
0.63%, 05/15/30 | 500 | 491,406 | ||||||
0.63%, 08/15/30 | 1,800 | 1,764,844 | ||||||
0.88%, 11/15/30 | 250 | 250,742 | ||||||
1.13%, 05/15/40 | 600 | 577,125 | ||||||
1.13%, 08/15/40 | 410 | 393,344 | ||||||
1.25%, 05/15/50(c) | 450 | 415,125 | ||||||
1.38%, 06/30/23 | 500 | 515,547 | ||||||
1.38%, 08/31/23 | 150 | 154,922 | ||||||
1.38%, 11/15/40 | 270 | 270,380 | ||||||
1.38%, 08/15/50 | 650 | 618,617 | ||||||
1.50%, 01/15/23 | 500 | 514,219 | ||||||
1.50%, 03/31/23 | 200 | 206,219 | ||||||
1.50%, 09/30/24 | 600 | 628,359 | ||||||
1.50%, 10/31/24 | 300 | 314,438 | ||||||
1.50%, 11/30/24 | 1,000 | 1,048,750 | ||||||
1.50%, 08/15/26 | 1,150 | 1,217,832 | ||||||
1.50%, 02/15/30 | 100 | 106,328 | ||||||
1.63%, 08/15/22 | 150 | 153,773 | ||||||
1.63%, 11/15/22 | 250 | 257,197 | ||||||
1.63%, 04/30/23 | 250 | 258,789 | ||||||
1.63%, 02/15/26 | 1,100 | 1,170,211 | ||||||
1.63%, 05/15/26 | 850 | 905,250 | ||||||
1.63%, 09/30/26 | 500 | 533,281 | ||||||
1.63%, 10/31/26 | 300 | 320,039 | ||||||
1.63%, 11/30/26 | 400 | 426,844 | ||||||
1.63%, 08/15/29 | 200 | 214,844 | ||||||
1.63%, 11/15/50 | 270 | 273,291 | ||||||
1.75%, 03/31/22 | 500 | 510,781 | ||||||
1.75%, 04/30/22 | 500 | 511,406 | ||||||
1.75%, 05/15/22 | 1,740 | 1,780,645 | ||||||
1.75%, 07/15/22 | 1,000 | 1,025,977 | ||||||
1.75%, 09/30/22 | 200 | 205,867 | ||||||
1.75%, 06/30/24 | 400 | 421,625 | ||||||
1.75%, 12/31/24 | 400 | 423,844 | ||||||
1.75%, 11/15/29(c) | 500 | 542,969 | ||||||
1.88%, 01/31/22 | 500 | 510,156 | ||||||
1.88%, 02/28/22 | 1,250 | 1,277,295 |
13
Schedule of Investments (unaudited) (continued) November 30, 2020 | iShares® Government/Credit Bond ETF (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
U.S. Government Obligations (continued) | ||||||||
1.88%, 04/30/22 | $ | 550 | $ | 563,514 | ||||
1.88%, 05/31/22 | 2,400 | 2,462,250 | ||||||
1.88%, 08/31/22 | 300 | 309,012 | ||||||
1.88%, 09/30/22 | 200 | 206,305 | ||||||
1.88%, 08/31/24 | 500 | 530,312 | ||||||
2.00%, 12/31/21 | 200 | 204,047 | ||||||
2.00%, 02/15/22 | 1,000 | 1,022,734 | ||||||
2.00%, 10/31/22 | 400 | 414,125 | ||||||
2.00%, 11/30/22 | 200 | 207,359 | ||||||
2.00%, 04/30/24 | 2,000 | 2,121,094 | ||||||
2.00%, 05/31/24 | 720 | 764,550 | ||||||
2.00%, 02/15/25 | 475 | 508,881 | ||||||
2.00%, 08/15/25 | 1,750 | 1,885,898 | ||||||
2.00%, 11/15/26 | 450 | 490,078 | ||||||
2.00%, 02/15/50 | 280 | 309,050 | ||||||
2.13%, 12/31/21 | 250 | 255,400 | ||||||
2.13%, 05/15/22 | 1,300 | 1,337,477 | ||||||
2.13%, 03/31/24 | 1,000 | 1,063,359 | ||||||
2.13%, 09/30/24 | 500 | 535,586 | ||||||
2.13%, 05/15/25 | 1,050 | 1,134,000 | ||||||
2.25%, 04/15/22 | 300 | 308,707 | ||||||
2.25%, 12/31/23 | 500 | 531,602 | ||||||
2.25%, 11/15/24 | 800 | 862,437 | ||||||
2.25%, 11/15/25 | 850 | 928,758 | ||||||
2.25%, 02/15/27 | 100 | 110,633 | ||||||
2.25%, 08/15/27 | 450 | 499,781 | ||||||
2.25%, 11/15/27 | 515 | 573,098 | ||||||
2.25%, 08/15/46 | 365 | 422,545 | ||||||
2.25%, 08/15/49 | 400 | 465,000 | ||||||
2.38%, 01/31/23 | 900 | 943,031 | ||||||
2.38%, 08/15/24 | 800 | 863,000 | ||||||
2.38%, 05/15/27 | 200 | 223,359 | ||||||
2.38%, 05/15/29 | 300 | 340,359 | ||||||
2.38%, 11/15/49 | 250 | 298,359 | ||||||
2.50%, 01/15/22 | 200 | 205,320 | ||||||
2.50%, 02/15/22 | 2,900 | 2,983,035 | ||||||
2.50%, 08/15/23 | 200 | 212,578 | ||||||
2.50%, 05/15/24 | 1,000 | 1,078,359 | ||||||
2.50%, 02/15/45 | 195 | 235,645 | ||||||
2.50%, 02/15/46 | 460 | 557,103 | ||||||
2.50%, 05/15/46 | 90 | 109,055 | ||||||
2.63%, 02/28/23 | 400 | 422,063 | ||||||
2.63%, 02/15/29 | 483 | 556,507 | ||||||
2.75%, 05/31/23 | 550 | 585,320 | ||||||
2.75%, 08/31/23 | 400 | 428,156 | ||||||
2.75%, 11/15/23 | 500 | 537,812 | ||||||
2.75%, 02/15/24 | 1,000 | 1,081,484 | ||||||
2.75%, 06/30/25 | 375 | 416,309 | ||||||
2.75%, 08/31/25 | 200 | 222,688 | ||||||
2.75%, 02/15/28 | 500 | 575,078 | ||||||
2.75%, 08/15/42 | 550 | 690,852 | ||||||
2.75%, 11/15/42 | 100 | 125,547 | ||||||
2.75%, 08/15/47 | 500 | 636,016 | ||||||
2.75%, 11/15/47 | 400 | 509,438 | ||||||
2.88%, 09/30/23 | 250 | 269,004 | ||||||
2.88%, 10/31/23 | 650 | 700,832 | ||||||
2.88%, 11/30/23 | 750 | 810,234 | ||||||
2.88%, 05/31/25 | 500 | 557,070 | ||||||
2.88%, 07/31/25 | 550 | 614,711 | ||||||
2.88%, 05/15/28 | 875 | 1,017,187 |
Security | Par (000) | Value | ||||||
U.S. Government Obligations (continued) | ||||||||
2.88%, 08/15/28 | $ | 1,000 | $ | 1,165,625 | ||||
2.88%, 05/15/43 | 325 | 416,305 | ||||||
2.88%, 08/15/45 | 830 | 1,070,052 | ||||||
2.88%, 11/15/46 | 350 | 453,523 | ||||||
2.88%, 05/15/49 | 350 | 458,609 | ||||||
3.00%, 05/15/42 | 400 | 521,500 | ||||||
3.00%, 11/15/44 | 300 | 393,422 | ||||||
3.00%, 05/15/45 | 300 | 394,359 | ||||||
3.00%, 11/15/45 | 700 | 922,797 | ||||||
3.00%, 02/15/47 | 200 | 265,219 | ||||||
3.00%, 05/15/47 | 150 | 199,125 | ||||||
3.00%, 02/15/48 | 150 | 199,758 | ||||||
3.00%, 08/15/48 | 300 | 400,453 | ||||||
3.00%, 02/15/49 | 150 | 200,766 | ||||||
3.13%, 11/15/28 | 800 | 950,750 | ||||||
3.13%, 11/15/41 | 250 | 331,367 | ||||||
3.13%, 02/15/42 | 300 | 398,625 | ||||||
3.13%, 02/15/43 | 350 | 465,445 | ||||||
3.13%, 08/15/44 | 200 | 267,281 | ||||||
3.13%, 05/15/48 | 100 | 136,203 | ||||||
3.38%, 05/15/44 | 100 | 138,625 | ||||||
3.38%, 11/15/48 | 320 | 456,100 | ||||||
3.63%, 08/15/43 | 200 | 286,250 | ||||||
3.63%, 02/15/44 | 500 | 717,344 | ||||||
3.75%, 08/15/41 | 350 | 503,891 | ||||||
3.75%, 11/15/43 | 400 | 583,375 | ||||||
3.88%, 08/15/40 | 350 | 508,375 | ||||||
4.25%, 11/15/40 | 212 | 322,936 | ||||||
4.38%, 02/15/38 | 100 | 150,516 | ||||||
4.38%, 05/15/40 | 400 | 615,750 | ||||||
4.38%, 05/15/41 | 300 | 466,031 | ||||||
4.50%, 02/15/36 | 1,000 | 1,485,312 | ||||||
4.50%, 05/15/38 | 500 | 764,766 | ||||||
4.50%, 08/15/39 | 300 | 464,813 | ||||||
4.75%, 02/15/41 | 300 | 485,813 | ||||||
5.25%, 11/15/28 | 750 | 1,015,664 | ||||||
5.25%, 02/15/29 | 350 | 476,930 | ||||||
6.00%, 02/15/26 | 400 | 514,906 | ||||||
6.13%, 08/15/29 | 119 | 173,715 | ||||||
6.38%, 08/15/27 | 250 | 345,625 | ||||||
6.50%, 11/15/26 | 300 | 405,844 | ||||||
6.88%, 08/15/25 | 300 | 391,102 | ||||||
7.25%, 08/15/22 | 100 | 112,055 | ||||||
7.63%, 11/15/22 | 400 | 458,219 | ||||||
|
| |||||||
99,652,226 | ||||||||
|
| |||||||
Total U.S. Government & Agency Obligations — 54.8% |
| 103,575,267 | ||||||
|
|
14
Schedule of Investments (unaudited) (continued) November 30, 2020 | iShares® Government/Credit Bond ETF (Percentages shown are based on Net Assets) |
Security | Shares (000) | Value | ||||||
Short-Term Investments |
| |||||||
Money Market Funds — 2.1% | ||||||||
BlackRock Cash Funds: Treasury, SL Agency Shares, 0.04%(f)(g)(h) | 3,878 | $ | 3,878,029 | |||||
|
| |||||||
Total Short-Term Investments — 2.1% | 3,878,029 | |||||||
|
| |||||||
Total Investments in Securities — 101.1% | 190,863,633 | |||||||
Other Assets, Less Liabilities — (1.1)% | (1,996,687 | ) | ||||||
|
| |||||||
Net Assets — 100.0% | $ | 188,866,946 | ||||||
|
|
(a) | 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. |
(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) | U.S. dollar denominated security issued by foreign domiciled entity. |
(e) | Zero-coupon bond. |
(f) | Affiliate of the Fund. |
(g) | Annualized 7-day yield as of period-end. |
(h) | All or a portion of this security was purchased with cash collateral received from loaned securities. |
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the period ended November 30, 2020 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:
| ||||||||||||||||||||||||||||||||||||
Affiliated Issuer | Value at 02/29/20 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation (Depreciation) | Value at 11/30/20 | Shares Held at 11/30/20 (000) | Income | Capital Gain Distributions from Underlying Funds | |||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||
BlackRock Cash Funds: Treasury, SL Agency Shares | $ | 2,367,297 | $ | 1,510,732 | (a) | $ | — | $ | — | $ | — | $ | 3,878,029 | 3,878 | $ | 8,368 | (b) | $ | — | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
(a) | Represents net amount purchased (sold). |
(b) | All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities. |
Fair Value Measurements
Various inputs are used in determining the fair value of financial instruments. For description of the input levels and information about the Fund’s policy regarding valuation of financial instruments, refer to a recently published shareholder report. Shareholder reports are available on the Fund’s website at iShares.com and on the U.S. Securities and Exchange Commission website at sec.gov.
The following table summarizes the value of the Fund’s investments according to the fair value hierarchy as of November 30, 2020. The breakdown of the Fund’s investments into major categories is disclosed in the Schedule of Investments above.
| ||||||||||||||||
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
| ||||||||||||||||
Investments | ||||||||||||||||
Assets | ||||||||||||||||
Corporate Bonds & Notes | $ | — | $ | 72,599,467 | $ | — | $ | 72,599,467 | ||||||||
Foreign Government Obligations | — | 8,791,137 | — | 8,791,137 | ||||||||||||
Municipal Debt Obligations | — | 2,019,733 | — | 2,019,733 | ||||||||||||
U.S. Government & Agency Obligations | — | 103,575,267 | — | 103,575,267 | ||||||||||||
Money Market Funds | 3,878,029 | — | — | 3,878,029 | ||||||||||||
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$ | 3,878,029 | $ | 186,985,604 | $ | — | $ | 190,863,633 | |||||||||
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Portfolio Abbreviations - Fixed Income | ||
AGM | Assured Guaranty Municipal Corp. | |
BAB | Build America Bond | |
GO | General Obligation | |
GOL | General Obligation Limited | |
RB | Revenue Bond |
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