Schedule of Investments (unaudited) | iShares® 0-5 Year High Yield Corporate Bond ETF |
July 31, 2024 | (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Corporate Bonds & Notes | ||||||||
Advertising — 1.3% | ||||||||
Advantage Sales & Marketing Inc., 6.50%, | ||||||||
11/15/28(a)(b) | $ | 6,625 | $ | 6,078,636 | ||||
Clear Channel Outdoor Holdings Inc. | ||||||||
5.13%, 08/15/27(a)(b) | 10,528 | 10,199,000 | ||||||
7.50%, 06/01/29(a) | 8,310 | 7,125,825 | ||||||
7.75%, 04/15/28(a)(b) | 8,945 | 7,927,786 | ||||||
9.00%, 09/15/28(a)(b) | 6,915 | 7,356,782 | ||||||
Lamar Media Corp. | ||||||||
3.75%, 02/15/28(b) | 5,460 | 5,143,156 | ||||||
4.88%, 01/15/29(b) | 3,380 | 3,277,663 | ||||||
Neptune Bidco U.S. Inc., 9.29%, 04/15/29(a) | 21,591 | 21,145,686 | ||||||
Outfront Media Capital LLC/Outfront Media | ||||||||
Capital Corp. | ||||||||
4.25%, 01/15/29(a)(b) | 4,605 | 4,267,657 | ||||||
5.00%, 08/15/27(a)(b) | 5,911 | 5,778,002 | ||||||
Summer BC Bidco B LLC, 5.50%, 10/31/26(a)(b) | 4,071 | 4,001,793 | ||||||
82,301,986 | ||||||||
Aerospace & Defense — 2.0% | ||||||||
AAR Escrow Issuer LLC, 6.75%, 03/15/29(a) | 4,980 | 5,072,379 | ||||||
Bombardier Inc. | ||||||||
6.00%, 02/15/28(a) | 6,705 | 6,686,230 | ||||||
7.50%, 02/01/29(a)(b) | 6,675 | 6,968,582 | ||||||
7.88%, 04/15/27(a)(b) | 8,840 | 8,859,551 | ||||||
F-Brasile SpA/F-Brasile U.S. LLC, Series XR, | ||||||||
7.38%, 08/15/26(a)(b) | 3,740 | 3,741,683 | ||||||
Moog Inc., 4.25%, 12/15/27(a)(b) | 4,590 | 4,398,368 | ||||||
Spirit AeroSystems Inc., 4.60%, 06/15/28(b) | 6,340 | 5,994,470 | ||||||
TransDigm Inc. | ||||||||
4.63%, 01/15/29(b) | 10,400 | 9,843,166 | ||||||
4.88%, 05/01/29(b) | 6,775 | 6,448,835 | ||||||
5.50%, 11/15/27 | 22,200 | 21,924,285 | ||||||
6.38%, 03/01/29(a) | 19,465 | 19,836,184 | ||||||
6.75%, 08/15/28(a) | 17,650 | 18,024,879 | ||||||
Triumph Group Inc., 9.00%, 03/15/28(a) | 8,565 | 9,018,517 | ||||||
126,817,129 | ||||||||
Agriculture — 0.3% | ||||||||
Darling Ingredients Inc., 5.25%, 04/15/27(a) | 4,200 | 4,128,673 | ||||||
Vector Group Ltd. | ||||||||
5.75%, 02/01/29(a) | 7,735 | 7,421,681 | ||||||
10.50%, 11/01/26(a) | 4,326 | 4,375,434 | ||||||
15,925,788 | ||||||||
Airlines — 2.1% | ||||||||
Air Canada, 3.88%, 08/15/26(a)(b) | 10,697 | 10,290,621 | ||||||
Allegiant Travel Co., 7.25%, 08/15/27(a)(b) | 5,217 | 4,870,852 | ||||||
American Airlines Group Inc., 3.75%, 03/01/25(a)(b) | 4,213 | 4,145,731 | ||||||
American Airlines Inc. | ||||||||
7.25%, 02/15/28(a)(b) | 6,790 | 6,795,587 | ||||||
8.50%, 05/15/29(a) | 8,400 | 8,663,200 | ||||||
American Airlines Inc./AAdvantage Loyalty IP Ltd. | ||||||||
5.50%, 04/20/26(a) | 13,430 | 13,348,546 | ||||||
5.75%, 04/20/29(a) | 23,280 | 22,749,682 | ||||||
Delta Air Lines Inc. | ||||||||
2.90%, 10/28/24 | 3,464 | 3,438,020 | ||||||
4.38%, 04/19/28(b) | 3,700 | 3,590,221 | ||||||
7.38%, 01/15/26(b) | 3,001 | 3,072,274 | ||||||
Hawaiian Brand Intellectual Property | ||||||||
Ltd./HawaiianMiles Loyalty Ltd., 11.00%, | ||||||||
04/15/29(a)(b) | 8,381 | 7,970,497 |
Security | Par (000) | Value | ||||||
Airlines (continued) | ||||||||
Spirit Loyalty Cayman Ltd./Spirit IP Cayman Ltd. | ||||||||
8.00%, 09/20/25(a) | $ | 4,585 | $ | 2,888,801 | ||||
8.00%, 09/20/25(a)(b) | 5,116 | 3,223,080 | ||||||
United Airlines Holdings Inc., 4.88%, 01/15/25 | 2,959 | 2,942,808 | ||||||
United Airlines Inc. | ||||||||
4.38%, 04/15/26(a) | 17,318 | 16,889,899 | ||||||
4.63%, 04/15/29(a) | 13,740 | 12,987,680 | ||||||
VistaJet Malta Finance PLC/Vista Management | ||||||||
Holding Inc. | ||||||||
7.88%, 05/01/27(a)(b) | 4,316 | 3,910,728 | ||||||
9.50%, 06/01/28(a)(b) | 4,440 | 3,973,800 | ||||||
135,752,027 | ||||||||
Apparel — 0.3% | ||||||||
Crocs Inc., 4.25%, 03/15/29(a) | 3,240 | 2,992,883 | ||||||
Hanesbrands Inc., 4.88%, 05/15/26(a) | 7,575 | 7,417,156 | ||||||
Under Armour Inc., 3.25%, 06/15/26(b) | 5,493 | 5,241,123 | ||||||
William Carter Co. (The), 5.63%, 03/15/27(a) | 4,206 | 4,156,621 | ||||||
19,807,783 | ||||||||
Auto Manufacturers — 0.7% | ||||||||
Allison Transmission Inc. | ||||||||
4.75%, 10/01/27(a) | 3,795 | 3,703,581 | ||||||
5.88%, 06/01/29(a)(b) | 300 | 300,612 | ||||||
Aston Martin Capital Holdings Ltd., 10.00%, | ||||||||
03/31/29(a) | 8,485 | 8,532,905 | ||||||
Jaguar Land Rover Automotive PLC | ||||||||
4.50%, 10/01/27(a)(b) | 4,575 | 4,367,295 | ||||||
5.50%, 07/15/29(a) | 2,850 | 2,786,989 | ||||||
5.88%, 01/15/28(a)(b) | 5,075 | 5,011,562 | ||||||
7.75%, 10/15/25(a) | 5,786 | 5,781,371 | ||||||
Mclaren Finance PLC, 7.50%, 08/01/26(a)(b) | 5,636 | 4,947,210 | ||||||
PM General Purchaser LLC, 9.50%, 10/01/28(a) | 5,483 | 5,620,590 | ||||||
Wabash National Corp., 4.50%, 10/15/28(a) | 3,705 | 3,364,017 | ||||||
44,416,132 | ||||||||
Auto Parts & Equipment — 2.3% | ||||||||
Adient Global Holdings Ltd. | ||||||||
4.88%, 08/15/26(a)(b) | 6,962 | 6,851,913 | ||||||
7.00%, 04/15/28(a) | 4,575 | 4,670,938 | ||||||
American Axle & Manufacturing Inc. | ||||||||
6.50%, 04/01/27(b) | 4,299 | 4,313,774 | ||||||
6.88%, 07/01/28(b) | 3,705 | 3,700,369 | ||||||
Clarios Global LP, 6.75%, 05/15/25(a) | 3,783 | 3,785,459 | ||||||
Clarios Global LP/Clarios U.S. Finance Co. | ||||||||
6.25%, 05/15/26(a)(b) | 7,136 | 7,118,160 | ||||||
6.75%, 05/15/28(a)(b) | 6,750 | 6,877,765 | ||||||
8.50%, 05/15/27(a)(b) | 16,499 | 16,643,614 | ||||||
Cooper-Standard Automotive Inc. | ||||||||
10.63%, 05/15/27, (10.63% PIK)(a)(b)(c) | 3,115 | 2,446,832 | ||||||
13.50%, 03/31/27, | ||||||||
(9% Cash and 4.5% PIK)(a)(b)(c) | 3,812 | 4,096,607 | ||||||
Dana Inc. | ||||||||
5.38%, 11/15/27(b) | 3,729 | 3,663,929 | ||||||
5.63%, 06/15/28(b) | 3,680 | 3,583,400 | ||||||
Goodyear Tire & Rubber Co. (The) | ||||||||
4.88%, 03/15/27(b) | 6,202 | 6,055,740 | ||||||
5.00%, 05/31/26(b) | 7,775 | 7,673,808 | ||||||
5.00%, 07/15/29(b) | 5,816 | 5,483,761 | ||||||
9.50%, 05/31/25 | 6,555 | 6,564,177 | ||||||
IHO Verwaltungs GmbH | ||||||||
4.75%, 09/15/26, | ||||||||
(4.75% Cash and 5.50% PIK)(a)(c) | 1,975 | 1,925,752 |
1
Schedule of Investments (unaudited) (continued) | iShares® 0-5 Year High Yield Corporate Bond ETF |
July 31, 2024 | (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Auto Parts & Equipment (continued) | ||||||||
6.00%, 05/15/27, | ||||||||
(6.00% Cash and 6.75% PIK)(a)(c) | $ | 4,110 | $ | 4,081,333 | ||||
6.38%, 05/15/29, | ||||||||
(6.38% Cash and 7.13% PIK)(a)(c) | 2,950 | 2,953,687 | ||||||
Phinia Inc., 6.75%, 04/15/29(a) | 3,825 | 3,906,602 | ||||||
Real Hero Merger Sub 2 Inc., 6.25%, 02/01/29(a)(b) | 5,389 | 4,633,025 | ||||||
Tenneco Inc., 8.00%, 11/17/28(a) | 16,415 | 14,882,660 | ||||||
Titan International Inc., 7.00%, 04/30/28(b) | 3,725 | 3,617,124 | ||||||
ZF North America Capital Inc. | ||||||||
4.75%, 04/29/25(a) | 8,816 | 8,716,115 | ||||||
6.88%, 04/14/28(a) | 5,435 | 5,567,818 | ||||||
143,814,362 | ||||||||
Banks — 0.5% | ||||||||
Freedom Mortgage Corp. | ||||||||
6.63%, 01/15/27(a) | 5,031 | 4,931,638 | ||||||
7.63%, 05/01/26(a) | 4,581 | 4,585,008 | ||||||
12.00%, 10/01/28(a) | 7,150 | 7,695,187 | ||||||
Intesa Sanpaolo SpA, 5.71%, 01/15/26(a)(b) | 12,710 | 12,713,999 | ||||||
Popular Inc., 7.25%, 03/13/28 | 3,365 | 3,512,095 | ||||||
33,437,927 | ||||||||
Beverages — 0.2% | ||||||||
Primo Water Holdings Inc., 4.38%, 04/30/29(a) | 6,618 | 6,170,044 | ||||||
Triton Water Holdings Inc., 6.25%, 04/01/29(a) | 6,925 | 6,715,865 | ||||||
12,885,909 | ||||||||
Biotechnology — 0.0% | ||||||||
Emergent BioSolutions Inc., 3.88%, 08/15/28(a) | 3,400 | 2,584,000 | ||||||
Building Materials — 1.3% | ||||||||
ACProducts Holdings Inc., 6.38%, 05/15/29(a)(b) | 4,620 | 2,719,888 | ||||||
AmeriTex HoldCo Intermediate LLC, 10.25%, | ||||||||
10/15/28(a)(b) | 4,800 | 5,105,801 | ||||||
Camelot Return Merger Sub Inc., 8.75%, | ||||||||
08/01/28(a)(b) | 6,380 | 6,305,035 | ||||||
Cornerstone Building Brands Inc., 9.50%, | ||||||||
08/15/29(a) | 2,835 | 2,826,495 | ||||||
CP Atlas Buyer Inc., 7.00%, 12/01/28(a)(b) | 4,585 | 3,924,072 | ||||||
Eco Material Technologies Inc., 7.88%, | ||||||||
01/31/27(a)(b) | 5,529 | 5,619,952 | ||||||
Griffon Corp., 5.75%, 03/01/28(b) | 8,435 | 8,257,865 | ||||||
James Hardie International Finance DAC, 5.00%, | ||||||||
01/15/28(a) | 3,703 | 3,567,609 | ||||||
Jeld-Wen Inc., 4.88%, 12/15/27(a)(b) | 3,685 | 3,509,790 | ||||||
Louisiana-Pacific Corp., 3.63%, 03/15/29(a) | 3,000 | 2,771,656 | ||||||
New Enterprise Stone & Lime Co. Inc., 5.25%, | ||||||||
07/15/28(a) | 5,390 | 5,175,750 | ||||||
Smyrna Ready Mix Concrete LLC, 6.00%, | ||||||||
11/01/28(a) | 9,555 | 9,457,061 | ||||||
Standard Industries Inc./NJ | ||||||||
4.75%, 01/15/28(a) | 8,570 | 8,201,147 | ||||||
5.00%, 02/15/27(a) | 7,542 | 7,375,602 | ||||||
Summit Materials LLC/Summit Materials Finance | ||||||||
Corp., 5.25%, 01/15/29(a) | 6,330 | 6,179,103 | ||||||
80,996,826 | ||||||||
Chemicals — 2.8% | ||||||||
Cerdia Finanz GmbH, 10.50%, 02/15/27(a) | 5,412 | 5,574,360 | ||||||
ASP Unifrax Holdings Inc., 5.25%, 09/30/28(a) | 6,675 | 3,571,125 | ||||||
Avient Corp., 5.75%, 05/15/25(a) | 5,308 | 5,293,086 | ||||||
Axalta Coating Systems LLC, 3.38%, 02/15/29(a) | 6,002 | 5,456,598 |
Security | Par (000) | Value | ||||||
Chemicals (continued) | ||||||||
Axalta Coating Systems LLC/Axalta Coating | ||||||||
Systems Dutch Holding B BV, 4.75%, | ||||||||
06/15/27(a)(b) | $ | 4,566 | $ | 4,471,141 | ||||
Chemours Co. (The) | ||||||||
5.38%, 05/15/27(b) | 4,607 | 4,427,883 | ||||||
5.75%, 11/15/28(a)(b) | 7,025 | 6,579,794 | ||||||
CVR Partners LP/CVR Nitrogen Finance Corp., | ||||||||
6.13%, 06/15/28(a)(b) | 4,981 | 4,827,336 | ||||||
Element Solutions Inc., 3.88%, 09/01/28(a)(b) | 7,125 | 6,597,928 | ||||||
GPD Companies Inc., 10.13%, 04/01/26(a)(b) | 4,607 | 4,296,028 | ||||||
Herens Holdco SARL, 4.75%, 05/15/28(a) | 3,245 | 2,815,038 | ||||||
Illuminate Buyer LLC/Illuminate Holdings IV Inc., | ||||||||
9.00%, 07/01/28(a)(b) | 4,225 | 4,235,563 | ||||||
INEOS Finance PLC | ||||||||
6.75%, 05/15/28(a) | 3,755 | 3,767,898 | ||||||
7.50%, 04/15/29(a) | 6,400 | 6,528,000 | ||||||
INEOS Quattro Finance 2 PLC, 9.63%, | ||||||||
03/15/29(a)(b) | 1,160 | 1,243,771 | ||||||
Ingevity Corp., 3.88%, 11/01/28(a)(b) | 5,005 | 4,573,819 | ||||||
Mativ Holdings Inc., 6.88%, 10/01/26(a)(b) | 3,215 | 3,210,707 | ||||||
Methanex Corp., 5.13%, 10/15/27(b) | 6,311 | 6,150,744 | ||||||
Minerals Technologies Inc., 5.00%, 07/01/28(a) | 3,725 | 3,581,215 | ||||||
NOVA Chemicals Corp. | ||||||||
4.25%, 05/15/29(a)(b) | 4,360 | 3,934,900 | ||||||
5.00%, 05/01/25(a)(b) | 4,232 | 4,197,079 | ||||||
5.25%, 06/01/27(a) | 9,215 | 8,996,604 | ||||||
8.50%, 11/15/28(a) | 3,710 | 3,937,794 | ||||||
Olin Corp., 5.13%, 09/15/27 | 4,570 | 4,462,034 | ||||||
Olympus Water U.S. Holding Corp. | ||||||||
4.25%, 10/01/28(a)(b) | 7,020 | 6,481,004 | ||||||
9.75%, 11/15/28(a) | 14,335 | 15,242,979 | ||||||
Rayonier AM Products Inc., 7.63%, 01/15/26(a) | 4,376 | 4,157,200 | ||||||
SCIH Salt Holdings Inc. | ||||||||
4.88%, 05/01/28(a)(b) | 9,385 | 8,728,493 | ||||||
6.63%, 05/01/29(a)(b) | 6,055 | 5,697,976 | ||||||
SCIL IV LLC/SCIL USA Holdings LLC, Class-H, | ||||||||
5.38%, 11/01/26(a)(b) | 6,845 | 6,669,336 | ||||||
SNF Group SACA, 3.13%, 03/15/27(a) | 3,350 | 3,107,125 | ||||||
Tronox Inc., 4.63%, 03/15/29(a)(b) | 9,450 | 8,599,500 | ||||||
WR Grace Holdings LLC, 4.88%, 06/15/27(a) | 6,739 | 6,510,363 | ||||||
177,924,421 | ||||||||
Coal — 0.1% | ||||||||
Alliance Resource Operating Partners LP/Alliance | ||||||||
Resource Finance Corp., 8.63%, 06/15/29(a) | 3,375 | 3,546,774 | ||||||
SunCoke Energy Inc., 4.88%, 06/30/29(a) | 4,125 | 3,769,219 | ||||||
7,315,993 | ||||||||
Commercial Services — 4.9% | ||||||||
Adtalem Global Education Inc., 5.50%, 03/01/28(a) | 3,625 | 3,525,313 | ||||||
Albion Financing 1 SARL/Aggreko Holdings Inc., | ||||||||
6.13%, 10/15/26(a) | 5,253 | 5,191,276 | ||||||
Albion Financing 2 SARL, 8.75%, 04/15/27(a) | 3,728 | 3,789,046 | ||||||
Allied Universal Holdco LLC/Allied Universal | ||||||||
Finance Corp. | ||||||||
6.00%, 06/01/29(a)(b) | 5,900 | 5,150,637 | ||||||
6.63%, 07/15/26(a) | 300 | 300,293 | ||||||
9.75%, 07/15/27(a)(b) | 9,395 | 9,383,256 | ||||||
Allied Universal Holdco LLC/Allied Universal | ||||||||
Finance Corp./Atlas Luxco 4 SARL, 4.63%, | ||||||||
06/01/28(a) | 17,718 | 16,335,859 | ||||||
Alta Equipment Group Inc., 9.00%, 06/01/29(a) | 4,180 | 3,960,550 |
2
Schedule of Investments (unaudited) (continued) | iShares® 0-5 Year High Yield Corporate Bond ETF |
July 31, 2024 | (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Commercial Services (continued) | ||||||||
AMN Healthcare Inc. | ||||||||
4.00%, 04/15/29(a)(b) | $ | 3,100 | $ | 2,838,164 | ||||
4.63%, 10/01/27(a)(b) | 4,625 | 4,434,219 | ||||||
APX Group Inc. | ||||||||
5.75%, 07/15/29(a) | 6,500 | 6,330,431 | ||||||
6.75%, 02/15/27(a) | 5,424 | 5,413,098 | ||||||
Avis Budget Car Rental LLC/Avis Budget | ||||||||
Finance Inc. | ||||||||
4.75%, 04/01/28(a)(b) | 4,487 | 4,130,079 | ||||||
5.38%, 03/01/29(a)(b) | 5,250 | 4,805,798 | ||||||
5.75%, 07/15/27(a)(b) | 3,701 | 3,584,072 | ||||||
5.75%, 07/15/27(a)(b) | 3,241 | 3,116,807 | ||||||
Block Inc., 2.75%, 06/01/26 | 8,395 | 7,969,038 | ||||||
Brink's Co. (The) | ||||||||
4.63%, 10/15/27(a) | 5,465 | 5,294,708 | ||||||
5.50%, 07/15/25(a) | 3,170 | 3,162,075 | ||||||
6.50%, 06/15/29(a) | 2,590 | 2,634,911 | ||||||
Carriage Services Inc., 4.25%, 05/15/29(a) | 3,650 | 3,308,953 | ||||||
Champions Financing Inc., 8.75%, 02/15/29(a)(b) | 5,415 | 5,523,300 | ||||||
Cimpress PLC, 7.00%, 06/15/26(b) | 4,980 | 4,973,775 | ||||||
CoreCivic Inc., 8.25%, 04/15/29(b) | 4,545 | 4,775,969 | ||||||
Deluxe Corp., 8.00%, 06/01/29(a) | 850 | 802,353 | ||||||
Garda World Security Corp. | ||||||||
4.63%, 02/15/27(a) | 5,163 | 4,950,026 | ||||||
6.00%, 06/01/29(a) | 4,050 | 3,751,718 | ||||||
7.75%, 02/15/28(a)(b) | 3,660 | 3,766,369 | ||||||
9.50%, 11/01/27(a) | 5,044 | 5,069,173 | ||||||
GEO Group Inc. (The), 8.63%, 04/15/29 | 5,720 | 5,948,800 | ||||||
Graham Holdings Co., 5.75%, 06/01/26(a) | 3,205 | 3,186,539 | ||||||
Grand Canyon University | ||||||||
4.13%, 10/01/24 | 4,241 | 4,197,742 | ||||||
5.13%, 10/01/28(b) | 3,500 | 3,223,101 | ||||||
Herc Holdings Inc. | ||||||||
5.50%, 07/15/27(a)(b) | 10,080 | 9,993,413 | ||||||
6.63%, 06/15/29(a)(b) | 3,680 | 3,758,200 | ||||||
Hertz Corp. (The) | ||||||||
4.63%, 12/01/26(a)(b) | 4,456 | 3,395,026 | ||||||
12.63%, 07/15/29(a)(b) | 6,000 | 6,495,240 | ||||||
Korn Ferry, 4.63%, 12/15/27(a)(b) | 3,775 | 3,639,235 | ||||||
Legends Hospitality Holding Co. LLC/Legends | ||||||||
Hospitality Co-Issuer Inc., 5.00%, 02/01/26(a) | 2,947 | 2,928,581 | ||||||
Mavis Tire Express Services Topco Corp., 6.50%, | ||||||||
05/15/29(a)(b) | 6,100 | 5,811,165 | ||||||
NESCO Holdings II Inc., 5.50%, 04/15/29(a)(b) | 8,125 | 7,567,958 | ||||||
Prime Security Services Borrower LLC/Prime | ||||||||
Finance Inc. | ||||||||
3.38%, 08/31/27(a)(b) | 8,726 | 8,129,905 | ||||||
5.75%, 04/15/26(a) | 11,945 | 11,941,416 | ||||||
6.25%, 01/15/28(a)(b) | 11,298 | 11,261,846 | ||||||
RR Donnelley & Sons Co. | ||||||||
9.50%, 08/01/29(a) | 5,125 | 5,163,437 | ||||||
10.88%, 08/01/29(a) | 2,500 | 2,500,000 | ||||||
Service Corp. International/U.S. | ||||||||
4.63%, 12/15/27 | 4,985 | 4,853,036 | ||||||
5.13%, 06/01/29(b) | 5,275 | 5,182,238 | ||||||
Shift4 Payments LLC/Shift4 Payments Finance | ||||||||
Sub Inc., 4.63%, 11/01/26(a) | 4,131 | 4,027,725 | ||||||
Sotheby's, 7.38%, 10/15/27(a)(b) | 6,690 | 5,599,530 | ||||||
StoneMor Inc., 8.50%, 05/15/29(a)(b) | 2,950 | 2,470,809 | ||||||
TriNet Group Inc., 3.50%, 03/01/29(a) | 4,625 | 4,194,297 |
Security | Par (000) | Value | ||||||
Commercial Services (continued) | ||||||||
United Rentals North America Inc. | ||||||||
3.88%, 11/15/27 | $ | 6,755 | $ | 6,449,666 | ||||
4.88%, 01/15/28 | 14,259 | 13,947,084 | ||||||
5.50%, 05/15/27 | 4,005 | 3,996,405 | ||||||
Upbound Group Inc., 6.38%, 02/15/29(a)(b) | 4,125 | 4,049,719 | ||||||
VM Consolidated Inc., 5.50%, 04/15/29(a)(b) | 3,000 | 2,898,900 | ||||||
WASH Multifamily Acquisition Inc., 5.75%, | ||||||||
04/15/26(a)(b) | 7,170 | 7,055,728 | ||||||
Williams Scotsman Inc. | ||||||||
4.63%, 08/15/28(a) | 4,255 | 4,050,249 | ||||||
6.13%, 06/15/25(a)(b) | 4,127 | 4,129,923 | ||||||
6.63%, 06/15/29(a) | 4,275 | 4,348,028 | ||||||
314,666,207 | ||||||||
Computers — 1.4% | ||||||||
Ahead DB Holdings LLC, 6.63%, 05/01/28(a) | 3,675 | 3,495,844 | ||||||
ASGN Inc., 4.63%, 05/15/28(a) | 4,972 | 4,756,961 | ||||||
Crowdstrike Holdings Inc., 3.00%, 02/15/29 | 6,455 | 5,790,736 | ||||||
NCR Atleos Corp., 9.50%, 04/01/29(a)(b) | 11,725 | 12,805,972 | ||||||
NCR Voyix Corp. | ||||||||
5.00%, 10/01/28(a)(b) | 5,880 | 5,615,400 | ||||||
5.13%, 04/15/29(a)(b) | 10,335 | 9,863,194 | ||||||
Science Applications International Corp., 4.88%, | ||||||||
04/01/28(a) | 3,755 | 3,626,110 | ||||||
Seagate HDD Cayman | ||||||||
4.09%, 06/01/29 | 1,263 | 1,185,595 | ||||||
4.75%, 01/01/25 | 3,955 | 3,921,936 | ||||||
4.88%, 06/01/27(b) | 4,661 | 4,598,951 | ||||||
Unisys Corp., 6.88%, 11/01/27(a)(b) | 4,472 | 4,028,154 | ||||||
Vericast Corp., 11.00%, | 9,689 | 9,640,294 | ||||||
Virtusa Corp., 7.13%, 12/15/28(a)(b) | 3,280 | 3,086,874 | ||||||
Western Digital Corp., 4.75%, 02/15/26 | 19,559 | 19,262,004 | ||||||
91,678,025 | ||||||||
Cosmetics & Personal Care — 0.5% | ||||||||
Coty Inc., 5.00%, 04/15/26(a) | 5,320 | 5,261,480 | ||||||
Coty Inc./HFC Prestige Products Inc./HFC Prestige | ||||||||
International U.S. LLC, 4.75%, 01/15/29(a) | 4,645 | 4,450,491 | ||||||
Edgewell Personal Care Co. | ||||||||
4.13%, 04/01/29(a)(b) | 4,525 | 4,201,462 | ||||||
5.50%, 06/01/28(a) | 6,305 | 6,178,900 | ||||||
Perrigo Finance Unlimited Co. | ||||||||
3.90%, 12/15/24 | 3,355 | 3,326,267 | ||||||
4.38%, 03/15/26 | 6,311 | 6,165,595 | ||||||
Prestige Brands Inc., 5.13%, 01/15/28(a) | 3,735 | 3,652,270 | ||||||
33,236,465 | ||||||||
Distribution & Wholesale — 0.7% | ||||||||
American Builders & Contractors Supply Co. Inc., | ||||||||
4.00%, 01/15/28(a) | 5,890 | 5,555,743 | ||||||
BCPE Empire Holdings Inc., 7.63%, 05/01/27(a) | 6,049 | 5,852,407 | ||||||
Dealer Tire LLC/DT Issuer LLC, 8.00%, 02/01/28(a) | 4,600 | 4,579,913 | ||||||
Gates Corp./DE, 6.88%, 07/01/29(a) | 4,125 | 4,211,198 | ||||||
G-III Apparel Group Ltd., 7.88%, 08/15/25(a) | 3,343 | 3,352,611 | ||||||
H&E Equipment Services Inc., 3.88%, 12/15/28(a) | 10,680 | 9,752,417 | ||||||
Ritchie Bros Holdings Inc., 6.75%, 03/15/28(a)(b) | 5,028 | 5,132,633 | ||||||
Velocity Vehicle Group LLC, 8.00%, 06/01/29(a) | 4,100 | 4,223,854 | ||||||
Wesco Aircraft Holdings Inc. | ||||||||
8.50%, 11/15/24(a)(d)(e) | 5,855 | 444,834 | ||||||
9.00%, 11/15/26(a)(b)(d)(e) | 9,112 | 3,890,824 | ||||||
46,996,434 | ||||||||
Diversified Financial Services — 4.8% | ||||||||
AG Issuer LLC, 6.25%, 03/01/28(a)(b) | 4,560 | 4,367,568 |
3
Schedule of Investments (unaudited) (continued) | iShares® 0-5 Year High Yield Corporate Bond ETF |
July 31, 2024 | (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Diversified Financial Services (continued) | ||||||||
AG TTMT Escrow Issuer LLC, 8.63%, 09/30/27(a) | $ | 4,556 | $ | 4,655,549 | ||||
Ally Financial Inc., 5.75%, 11/20/25(b) | 8,773 | 8,801,242 | ||||||
Aretec Group Inc., 7.50%, 04/01/29(a)(b) | 3,500 | 3,326,312 | ||||||
Bread Financial Holdings Inc., 9.75%, | ||||||||
03/15/29(a)(b) | 7,900 | 8,479,292 | ||||||
Burford Capital Global Finance LLC, 6.25%, | ||||||||
04/15/28(a) | 3,750 | 3,670,312 | ||||||
Castlelake Aviation Finance DAC, 5.00%, | ||||||||
04/15/27(a)(b) | 3,885 | 3,777,358 | ||||||
Coinbase Global Inc., 3.38%, 10/01/28(a)(b) | 8,555 | 7,528,400 | ||||||
Credit Acceptance Corp. | ||||||||
6.63%, 03/15/26(b) | 3,657 | 3,659,028 | ||||||
9.25%, 12/15/28(a) | 5,475 | 5,841,369 | ||||||
Encore Capital Group Inc., 9.25%, 04/01/29(a) | 4,540 | 4,769,043 | ||||||
Enova International Inc. | ||||||||
8.50%, 09/15/25(a) | 3,391 | 3,395,239 | ||||||
9.13%, 08/01/29(a) | 1,425 | 1,439,132 | ||||||
11.25%, 12/15/28(a) | 3,670 | 3,952,150 | ||||||
Finance of America Funding LLC, 7.88%, | ||||||||
11/15/25(a) | 2,580 | 1,955,640 | ||||||
Freedom Mortgage Holdings LLC, 9.25%, | ||||||||
02/01/29(a) | 9,075 | 9,142,994 | ||||||
GGAM Finance Ltd. | ||||||||
6.88%, 04/15/29(a)(b) | 3,465 | 3,550,290 | ||||||
8.00%, 02/15/27(a) | 6,315 | 6,556,991 | ||||||
8.00%, 06/15/28(a) | 5,500 | 5,817,020 | ||||||
7.75%, 05/15/26(a) | 3,670 | 3,758,768 | ||||||
goeasy Ltd. | ||||||||
7.63%, 07/01/29(a) | 5,375 | 5,498,625 | ||||||
9.25%, 12/01/28(a) | 4,930 | 5,287,425 | ||||||
GPS Hospitality Holding Co. LLC/GPS Finco Inc., | ||||||||
7.00%, 08/15/28(a)(b) | 3,580 | 2,603,853 | ||||||
Jefferies Finance LLC/JFIN Co-Issuer Corp., | ||||||||
5.00%, 08/15/28(a) | 8,425 | 7,820,338 | ||||||
Jefferson Capital Holdings LLC, 9.50%, | ||||||||
02/15/29(a) | 3,700 | 3,885,636 | ||||||
LD Holdings Group LLC | ||||||||
6.13%, 04/01/28(a) | 4,355 | 3,473,112 | ||||||
8.75%, 11/01/27(a) | 3,190 | 2,916,875 | ||||||
Macquarie Airfinance Holdings Ltd. | ||||||||
6.40%, 03/26/29(a) | 4,270 | 4,379,765 | ||||||
8.13%, 03/30/29(a)(b) | 4,575 | 4,842,692 | ||||||
8.38%, 05/01/28(a)(b) | 4,545 | 4,811,110 | ||||||
Midcap Financial Issuer Trust, 6.50%, 05/01/28(a) | 8,480 | 8,190,832 | ||||||
Nationstar Mortgage Holdings Inc. | ||||||||
5.00%, 02/01/26(a) | 4,567 | 4,487,762 | ||||||
5.50%, 08/15/28(a) | 7,210 | 6,999,351 | ||||||
6.00%, 01/15/27(a) | 5,492 | 5,444,879 | ||||||
6.50%, 08/01/29(a) | 3,510 | 3,505,086 | ||||||
Navient Corp. | ||||||||
4.88%, 03/15/28(b) | 4,530 | 4,232,007 | ||||||
5.00%, 03/15/27(b) | 6,319 | 6,101,556 | ||||||
5.50%, 03/15/29(b) | 6,440 | 5,993,869 | ||||||
5.88%, 10/25/24 | 4,110 | 4,095,615 | ||||||
6.75%, 06/25/25 | 4,172 | 4,186,967 | ||||||
6.75%, 06/15/26(b) | 4,592 | 4,641,312 | ||||||
OneMain Finance Corp. | ||||||||
3.50%, 01/15/27 | 6,725 | 6,360,549 | ||||||
3.88%, 09/15/28(b) | 5,435 | 4,975,969 | ||||||
6.63%, 01/15/28(b) | 7,090 | 7,174,584 | ||||||
7.13%, 03/15/26 | 13,446 | 13,686,033 |
Security | Par (000) | Value | ||||||
Diversified Financial Services (continued) | ||||||||
9.00%, 01/15/29(b) | $ | 7,935 | $ | 8,408,799 | ||||
Osaic Holdings Inc., 10.75%, 08/01/27(a)(b) | 2,913 | 2,971,260 | ||||||
Oxford Finance LLC/Oxford Finance Co-Issuer | ||||||||
II Inc., 6.38%, 02/01/27(a) | 3,706 | 3,613,350 | ||||||
PennyMac Financial Services Inc. | ||||||||
4.25%, 02/15/29(a) | 5,910 | 5,474,071 | ||||||
5.38%, 10/15/25(a) | 5,554 | 5,518,121 | ||||||
PHH Mortgage Corp., 7.88%, 03/15/26(a)(b) | 3,441 | 3,381,901 | ||||||
PRA Group Inc., 8.38%, 02/01/28(a) | 3,685 | 3,714,406 | ||||||
Rocket Mortgage LLC/Rocket Mortgage | ||||||||
Co-Issuer Inc. | ||||||||
2.88%, 10/15/26(a)(b) | 9,664 | 9,127,517 | ||||||
3.63%, 03/01/29(a)(b) | 6,595 | 6,052,973 | ||||||
SLM Corp. | ||||||||
3.13%, 11/02/26 | 4,589 | 4,342,341 | ||||||
4.20%, 10/29/25 | 4,394 | 4,303,923 | ||||||
United Wholesale Mortgage LLC | ||||||||
5.50%, 11/15/25(a) | 6,716 | 6,665,630 | ||||||
5.50%, 04/15/29(a) | 6,025 | 5,801,015 | ||||||
5.75%, 06/15/27(a) | 4,561 | 4,498,856 | ||||||
307,913,662 | ||||||||
Electric — 2.2% | ||||||||
Atlantica Sustainable Infrastructure PLC, 4.13%, | ||||||||
06/15/28(a) | 3,595 | 3,561,926 | ||||||
Calpine Corp. | ||||||||
4.50%, 02/15/28(a) | 10,845 | 10,389,239 | ||||||
4.63%, 02/01/29(a)(b) | 5,735 | 5,415,331 | ||||||
5.13%, 03/15/28(a) | 11,995 | 11,632,151 | ||||||
5.25%, 06/01/26(a) | 3,250 | 3,224,341 | ||||||
Clearway Energy Operating LLC, 4.75%, | ||||||||
03/15/28(a) | 7,635 | 7,339,716 | ||||||
DPL Inc. | ||||||||
4.13%, 07/01/25 | 3,590 | 3,513,264 | ||||||
4.35%, 04/15/29 | 1,875 | 1,762,828 | ||||||
NextEra Energy Operating Partners LP | ||||||||
3.88%, 10/15/26(a)(b) | 4,600 | 4,397,370 | ||||||
4.25%, 09/15/24(a) | 5 | 4,913 | ||||||
4.50%, 09/15/27(a)(b) | 5,010 | 4,798,900 | ||||||
7.25%, 01/15/29(a)(b) | 6,780 | 7,042,725 | ||||||
NRG Energy Inc. | ||||||||
3.38%, 02/15/29(a) | 4,315 | 3,886,148 | ||||||
5.25%, 06/15/29(a) | 6,325 | 6,124,181 | ||||||
5.75%, 01/15/28(b) | 7,140 | 7,095,375 | ||||||
6.63%, 01/15/27 | 3,294 | 3,297,126 | ||||||
Pattern Energy Operations LP/Pattern Energy | ||||||||
Operations Inc., 4.50%, 08/15/28(a) | 6,370 | 6,022,238 | ||||||
PG&E Corp., 5.00%, 07/01/28(b) | 8,697 | 8,480,343 | ||||||
Pike Corp., 5.50%, 09/01/28(a)(b) | 6,322 | 6,133,807 | ||||||
Terraform Global Operating LP, 6.13%, | ||||||||
03/01/26(a)(b) | 3,335 | 3,329,418 | ||||||
Vistra Operations Co. LLC | ||||||||
4.38%, 05/01/29(a) | 2,223 | 2,096,289 | ||||||
5.00%, 07/31/27(a)(b) | 11,003 | 10,783,002 | ||||||
5.50%, 09/01/26(a) | 8,510 | 8,443,489 | ||||||
5.63%, 02/15/27(a) | 11,216 | 11,128,211 | ||||||
139,902,331 | ||||||||
Electrical Components & Equipment — 0.5% | ||||||||
Energizer Holdings Inc. | ||||||||
4.38%, 03/31/29(a)(b) | 7,175 | 6,626,113 | ||||||
4.75%, 06/15/28(a)(b) | 5,350 | 5,074,943 |
4
Schedule of Investments (unaudited) (continued) | iShares® 0-5 Year High Yield Corporate Bond ETF |
July 31, 2024 | (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Electrical Components & Equipment (continued) | ||||||||
WESCO Distribution Inc. | ||||||||
6.38%, 03/15/29(a) | $ | 7,430 | $ | 7,535,126 | ||||
7.25%, 06/15/28(a)(b) | 10,715 | 10,968,624 | ||||||
30,204,806 | ||||||||
Electronics — 0.6% | ||||||||
EquipmentShare.com Inc., 9.00%, 05/15/28(a)(b) | 9,225 | 9,487,451 | ||||||
Imola Merger Corp., 4.75%, 05/15/29(a) | 11,010 | 10,353,666 | ||||||
Likewize Corp., 9.75%, 10/15/25(a)(b) | 3,495 | 3,541,484 | ||||||
Sensata Technologies BV, 4.00%, 04/15/29(a) | 8,718 | 8,077,245 | ||||||
TTM Technologies Inc., 4.00%, 03/01/29(a)(b) | 4,580 | 4,254,591 | ||||||
35,714,437 | ||||||||
Energy - Alternate Sources — 0.2% | ||||||||
Sunnova Energy Corp. | ||||||||
5.88%, 09/01/26(a)(b) | 3,426 | 2,870,131 | ||||||
11.75%, 10/01/28(a)(b) | 3,350 | 2,623,469 | ||||||
TerraForm Power Operating LLC, 5.00%, | ||||||||
01/31/28(a) | 6,381 | 6,153,943 | ||||||
11,647,543 | ||||||||
Engineering & Construction — 0.5% | ||||||||
AECOM, 5.13%, 03/15/27 | 8,673 | 8,570,209 | ||||||
Arcosa Inc., 4.38%, 04/15/29(a) | 3,450 | 3,240,930 | ||||||
Brundage-Bone Concrete Pumping Holdings Inc., | ||||||||
6.00%, 02/01/26(a) | 3,533 | 3,517,268 | ||||||
Dycom Industries Inc., 4.50%, 04/15/29(a)(b) | 3,817 | 3,607,868 | ||||||
Fluor Corp., 4.25%, 09/15/28(b) | 5,170 | 4,953,307 | ||||||
Global Infrastructure Solutions Inc., 5.63%, | ||||||||
06/01/29(a) | 233 | 224,399 | ||||||
TopBuild Corp., 3.63%, 03/15/29(a)(b) | 3,475 | 3,183,969 | ||||||
Tutor Perini Corp., 11.88%, 04/30/29(a)(b) | 3,420 | 3,744,900 | ||||||
Weekley Homes LLC/Weekley Finance Corp., | ||||||||
4.88%, 09/15/28(a)(b) | 3,705 | 3,523,270 | ||||||
34,566,120 | ||||||||
Entertainment — 3.1% | ||||||||
Affinity Interactive, 6.88%, 12/15/27(a)(b) | 4,945 | 4,312,308 | ||||||
AMC Entertainment Holdings Inc. | ||||||||
7.50%, 02/15/29(a)(b) | 8,130 | 5,924,737 | ||||||
10.00%, 06/15/26, | ||||||||
(10.00% Cash and 12.00% PIK)(a)(b)(c) | 8,550 | 8,101,125 | ||||||
Banijay Entertainment SASU, 8.13%, 05/01/29(a) | 3,325 | 3,432,730 | ||||||
Boyne USA Inc., 4.75%, 05/15/29(a)(b) | 5,930 | 5,616,218 | ||||||
Caesars Entertainment Inc., 8.13%, 07/01/27(a)(b) | 15,194 | 15,548,172 | ||||||
Cedar Fair LP/Canada's Wonderland Co./Magnum | ||||||||
Management Corp./Millennium Op | ||||||||
5.25%, 07/15/29 | 564 | 547,915 | ||||||
5.38%, 04/15/27(b) | 3,745 | 3,723,031 | ||||||
Churchill Downs Inc. | ||||||||
4.75%, 01/15/28(a)(b) | 6,320 | 6,055,682 | ||||||
5.50%, 04/01/27(a) | 5,475 | 5,413,391 | ||||||
Cinemark USA Inc., 5.25%, 07/15/28(a)(b) | 6,756 | 6,529,674 | ||||||
International Game Technology PLC | ||||||||
4.13%, 04/15/26(a) | 6,730 | 6,592,170 | ||||||
5.25%, 01/15/29(a) | 6,710 | 6,555,083 | ||||||
6.25%, 01/15/27(a) | 6,485 | 6,538,307 | ||||||
6.50%, 02/15/25(a) | 4,079 | 4,082,630 | ||||||
Jacobs Entertainment Inc., 6.75%, 02/15/29(a)(b) | 4,581 | 4,250,527 | ||||||
Light & Wonder International Inc., 7.00%, | ||||||||
05/15/28(a) | 5,915 | 5,962,202 | ||||||
Lions Gate Capital Holdings 1 Inc., 5.50%, | ||||||||
04/15/29(a) | 3,200 | 2,870,400 |
Security | Par (000) | Value | ||||||
Entertainment (continued) | ||||||||
Live Nation Entertainment Inc. | ||||||||
3.75%, 01/15/28(a)(b) | $ | 4,540 | $ | 4,278,950 | ||||
4.75%, 10/15/27(a)(b) | 8,340 | 8,079,375 | ||||||
4.88%, 11/01/24(a)(b) | 4,866 | 4,853,987 | ||||||
6.50%, 05/15/27(a) | 10,270 | 10,407,361 | ||||||
Merlin Entertainments Ltd., 5.75%, 06/15/26(a) | 3,676 | 3,635,637 | ||||||
Midwest Gaming Borrower LLC/Midwest Gaming | ||||||||
Finance Corp., 4.88%, 05/01/29(a) | 6,490 | 6,125,900 | ||||||
Mohegan Tribal Gaming Authority | ||||||||
7.88%, 10/15/24(a)(b) | 5,774 | 5,745,852 | ||||||
8.00%, 02/01/26(a) | 10,301 | 9,644,311 | ||||||
13.25%, 12/15/27(a) | 425 | 479,187 | ||||||
Motion Bondco DAC, 6.63%, 11/15/27(a)(b) | 3,680 | 3,631,700 | ||||||
Odeon Finco PLC, 12.75%, 11/01/27(a)(b) | 3,724 | 3,919,510 | ||||||
Penn Entertainment Inc. | ||||||||
4.13%, 07/01/29(a)(b) | 3,200 | 2,829,273 | ||||||
5.63%, 01/15/27(a)(b) | 3,826 | 3,733,381 | ||||||
Raptor Acquisition Corp./Raptor Co-Issuer LLC, | ||||||||
4.88%, 11/01/26(a)(b) | 3,271 | 3,189,225 | ||||||
Resorts World Las Vegas LLC/RWLV Capital Inc., | ||||||||
4.63%, 04/16/29(a)(b) | 8,500 | 7,713,532 | ||||||
Six Flags Entertainment Corp., 5.50%, | ||||||||
04/15/27(a)(b) | 4,445 | 4,422,908 | ||||||
Six Flags Theme Parks Inc., 7.00%, 07/01/25(a)(b) | 2,489 | 2,488,378 | ||||||
Speedway Motorsports LLC/Speedway Funding | ||||||||
II Inc., 4.88%, 11/01/27(a) | 3,225 | 3,106,075 | ||||||
Universal Entertainment Corp., 8.75%, | ||||||||
12/11/24(a)(b)(f) | 6,365 | 6,899,747 | ||||||
197,240,591 | ||||||||
Environmental Control — 0.9% | ||||||||
Clean Harbors Inc., 4.88%, 07/15/27(a) | 5,010 | 4,900,081 | ||||||
Enviri Corp., 5.75%, 07/31/27(a)(b) | 4,356 | 4,229,467 | ||||||
GFL Environmental Inc. | ||||||||
3.50%, 09/01/28(a)(b) | 6,350 | 5,903,405 | ||||||
3.75%, 08/01/25(a) | 6,232 | 6,161,890 | ||||||
4.00%, 08/01/28(a)(b) | 6,450 | 6,072,481 | ||||||
4.75%, 06/15/29(a)(b) | 6,315 | 6,020,119 | ||||||
5.13%, 12/15/26(a) | 4,443 | 4,401,902 | ||||||
Madison IAQ LLC | ||||||||
4.13%, 06/30/28(a) | 6,305 | 5,879,413 | ||||||
5.88%, 06/30/29(a) | 8,075 | 7,563,045 | ||||||
Stericycle Inc., 3.88%, 01/15/29(a) | 4,580 | 4,357,091 | ||||||
Waste Pro USA Inc., 5.50%, 02/15/26(a)(b) | 4,650 | 4,617,284 | ||||||
60,106,178 | ||||||||
Food — 2.0% | ||||||||
Albertsons Companies Inc./Safeway Inc./New | ||||||||
Albertsons LP/Albertsons LLC | ||||||||
3.25%, 03/15/26(a) | 6,256 | 6,047,362 | ||||||
3.50%, 03/15/29(a) | 11,373 | 10,357,391 | ||||||
4.63%, 01/15/27(a) | 11,677 | 11,373,398 | ||||||
5.88%, 02/15/28(a) | 6,595 | 6,549,541 | ||||||
6.50%, 02/15/28(a)(b) | 6,765 | 6,854,163 | ||||||
7.50%, 03/15/26(a) | 4,909 | 4,985,647 | ||||||
B&G Foods Inc. | ||||||||
5.25%, 09/15/27(b) | 5,002 | 4,683,123 | ||||||
8.00%, 09/15/28(a) | 5,800 | 5,905,894 | ||||||
C&S Group Enterprises LLC, 5.00%, 12/15/28(a) | 3,555 | 2,639,918 | ||||||
Chobani LLC/Chobani Finance Corp. Inc. | ||||||||
4.63%, 11/15/28(a) | 3,725 | 3,548,435 | ||||||
7.63%, 07/01/29(a) | 4,000 | 4,145,880 |
5
Schedule of Investments (unaudited) (continued) | iShares® 0-5 Year High Yield Corporate Bond ETF |
July 31, 2024 | (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Food (continued) | ||||||||
KeHE Distributors LLC/KeHE Finance | ||||||||
Corp./NextWave Distribution Inc., 9.00%, | ||||||||
02/15/29(a)(b) | $ | 6,725 | $ | 6,923,668 | ||||
Lamb Weston Holdings Inc., 4.88%, 05/15/28(a)(b) | 4,580 | 4,449,636 | ||||||
Performance Food Group Inc., 5.50%, | ||||||||
10/15/27(a)(b) | 8,915 | 8,797,322 | ||||||
Post Holdings Inc., 5.63%, 01/15/28(a)(b) | 7,915 | 7,833,098 | ||||||
Sigma Holdco BV, 7.88%, 05/15/26(a) | 2,382 | 2,358,180 | ||||||
Simmons Foods Inc./Simmons Prepared | ||||||||
Foods Inc./Simmons Pet Food Inc./Simmons | ||||||||
Feed, 4.63%, 03/01/29(a)(b) | 7,450 | 6,712,849 | ||||||
TreeHouse Foods Inc., 4.00%, 09/01/28 | 4,596 | 4,142,145 | ||||||
U.S. Foods Inc. | ||||||||
4.75%, 02/15/29(a)(b) | 7,575 | 7,256,797 | ||||||
6.88%, 09/15/28(a)(b) | 4,575 | 4,700,698 | ||||||
United Natural Foods Inc., 6.75%, 10/15/28(a)(b) | 4,570 | 4,175,838 | ||||||
124,440,983 | ||||||||
Food Service — 0.4% | ||||||||
Aramark Services Inc. | ||||||||
5.00%, 04/01/25(a)(b) | 4,768 | 4,756,080 | ||||||
5.00%, 02/01/28(a)(b) | 9,650 | 9,422,592 | ||||||
TKC Holdings Inc. | ||||||||
6.88%, 05/15/28(a)(b) | 3,950 | 3,841,375 | ||||||
10.50%, 05/15/29(a) | 5,960 | 5,810,382 | ||||||
23,830,429 | ||||||||
Forest Products & Paper — 0.2% | ||||||||
Domtar Corp., 6.75%, 10/01/28(a) | 5,834 | 5,316,903 | ||||||
Mercer International Inc., 5.13%, 02/01/29(b) | 7,841 | 6,647,600 | ||||||
11,964,503 | ||||||||
Gas — 0.3% | ||||||||
AmeriGas Partners LP/AmeriGas Finance Corp. | ||||||||
5.50%, 05/20/25 | 1,420 | 1,413,586 | ||||||
5.75%, 05/20/27 | 4,747 | 4,594,418 | ||||||
5.88%, 08/20/26 | 6,065 | 5,976,615 | ||||||
9.38%, 06/01/28(a) | 4,595 | 4,806,487 | ||||||
16,791,106 | ||||||||
Hand & Machine Tools — 0.1% | ||||||||
Werner FinCo LP/Werner FinCo Inc., 11.50%, | ||||||||
06/15/28(a)(b) | 3,715 | 4,035,419 | ||||||
Health Care - Products — 1.1% | ||||||||
Avantor Funding Inc., 4.63%, 07/15/28(a) | 13,415 | 12,914,620 | ||||||
Bausch & Lomb Corp., 8.38%, 10/01/28(a)(b) | 12,475 | 12,790,518 | ||||||
Hologic Inc. | ||||||||
3.25%, 02/15/29(a) | 8,469 | 7,713,142 | ||||||
4.63%, 02/01/28(a) | 3,635 | 3,507,775 | ||||||
Medline Borrower LP, 3.88%, 04/01/29(a) | 19,125 | 17,834,062 | ||||||
Medline Borrower LP/Medline Co-Issuer Inc., | ||||||||
6.25%, 04/01/29(a)(b) | 9,585 | 9,789,365 | ||||||
Teleflex Inc. | ||||||||
4.25%, 06/01/28(a) | 4,600 | 4,371,661 | ||||||
4.63%, 11/15/27(b) | 4,364 | 4,239,735 | ||||||
73,160,878 | ||||||||
Health Care - Services — 3.3% | ||||||||
Acadia Healthcare Co. Inc. | ||||||||
5.00%, 04/15/29(a) | 4,325 | 4,141,187 | ||||||
5.50%, 07/01/28(a) | 4,055 | 3,986,717 | ||||||
Catalent Pharma Solutions Inc. | ||||||||
3.13%, 02/15/29(a)(b) | 50 | 48,283 | ||||||
5.00%, 07/15/27(a) | 3,961 | 3,935,364 |
Security | Par (000) | Value | ||||||
Health Care - Services (continued) | ||||||||
Charles River Laboratories International Inc. | ||||||||
3.75%, 03/15/29(a)(b) | $ | 4,575 | $ | 4,224,829 | ||||
4.25%, 05/01/28(a) | 4,655 | 4,433,887 | ||||||
CHS/Community Health Systems Inc. | ||||||||
5.63%, 03/15/27(a) | 16,089 | 15,446,610 | ||||||
6.00%, 01/15/29(a) | 5,415 | 5,030,432 | ||||||
6.88%, 04/01/28(a)(b) | 6,400 | 5,102,400 | ||||||
6.88%, 04/15/29(a)(b) | 11,375 | 9,366,365 | ||||||
8.00%, 12/15/27(a)(b) | 6,085 | 6,090,734 | ||||||
Encompass Health Corp. | ||||||||
4.50%, 02/01/28 | 7,220 | 6,991,667 | ||||||
5.75%, 09/15/25(b) | 2,870 | 2,868,078 | ||||||
Global Medical Response Inc., 10.00%, | ||||||||
10/31/28(a)(b)(c) | 30 | 29,845 | ||||||
Heartland Dental LLC/Heartland Dental Finance | ||||||||
Corp., 10.50%, 04/30/28(a)(b) | 6,305 | 6,728,129 | ||||||
IQVIA Inc. | ||||||||
5.00%, 10/15/26(a)(b) | 8,831 | 8,704,982 | ||||||
5.00%, 05/15/27(a) | 9,270 | 9,091,831 | ||||||
Legacy LifePoint Health LLC, 4.38%, 02/15/27(a) | 5,451 | 5,268,903 | ||||||
Lifepoint Health Inc., 5.38%, 01/15/29(a)(b) | 4,570 | 4,153,083 | ||||||
Molina Healthcare Inc., 4.38%, 06/15/28(a) | 7,004 | 6,673,061 | ||||||
MPH Acquisition Holdings LLC, 5.50%, | ||||||||
09/01/28(a)(b) | 8,960 | 7,008,512 | ||||||
Prime Healthcare Services Inc., 7.25%, 11/01/25(a) | 7,295 | 7,299,559 | ||||||
Quorum Health Corp., 11.63%, 04/15/23(d)(e)(g) | 2,653 | — | ||||||
Radiology Partners Inc., 7.78%, 01/31/29, | ||||||||
(4.28% Cash and 3.50% PIK)(a)(b)(c) | 5,883 | 5,544,428 | ||||||
Select Medical Corp., 6.25%, 08/15/26(a) | 10,326 | 10,400,347 | ||||||
Tenet Healthcare Corp. | ||||||||
4.25%, 06/01/29 | 7,760 | 7,328,288 | ||||||
4.63%, 06/15/28 | 5,425 | 5,228,796 | ||||||
5.13%, 11/01/27 | 12,719 | 12,520,584 | ||||||
6.13%, 10/01/28(b) | 20,675 | 20,726,687 | ||||||
6.25%, 02/01/27(b) | 12,564 | 12,585,658 | ||||||
U.S. Acute Care Solutions LLC, 9.75%, | ||||||||
05/15/29(a)(b) | 6,840 | 6,784,710 | ||||||
US Renal Care Inc., 10.63%, 07/15/27(a) | 2,059 | 1,334,853 | ||||||
209,078,809 | ||||||||
Holding Companies - Diversified — 0.7% | ||||||||
Benteler International AG, Class A, 10.50%, | ||||||||
05/15/28(a) | 4,475 | 4,763,186 | ||||||
Compass Group Diversified Holdings LLC, 5.25%, | ||||||||
04/15/29(a) | 8,450 | 8,095,269 | ||||||
Icahn Enterprises LP/Icahn Enterprises | ||||||||
Finance Corp. | ||||||||
4.38%, 02/01/29 | 6,491 | 5,630,943 | ||||||
5.25%, 05/15/27 | 12,527 | 11,994,602 | ||||||
6.25%, 05/15/26 | 10,521 | 10,477,180 | ||||||
9.75%, 01/15/29(a) | 6,105 | 6,417,729 | ||||||
47,378,909 | ||||||||
Home Builders — 0.9% | ||||||||
Adams Homes Inc., 9.25%, 10/15/28(a)(b) | 2,760 | 2,863,086 | ||||||
Beazer Homes USA Inc., 5.88%, 10/15/27 | 3,321 | 3,284,486 | ||||||
Brookfield Residential Properties Inc./Brookfield | ||||||||
Residential U.S. LLC | ||||||||
5.00%, 06/15/29(a)(b) | 2,940 | 2,728,614 | ||||||
6.25%, 09/15/27(a) | 5,488 | 5,439,695 | ||||||
Century Communities Inc., 6.75%, 06/01/27 | 4,210 | 4,233,071 |
6
Schedule of Investments (unaudited) (continued) | iShares® 0-5 Year High Yield Corporate Bond ETF |
July 31, 2024 | (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Home Builders (continued) | ||||||||
Empire Communities Corp. | ||||||||
7.00%, 12/15/25(a)(b) | $ | 3,500 | $ | 3,510,281 | ||||
9.75%, 05/01/29(a) | 3,920 | 4,078,211 | ||||||
Forestar Group Inc., 3.85%, 05/15/26(a) | 3,696 | 3,569,412 | ||||||
LGI Homes Inc., 8.75%, 12/15/28(a) | 3,660 | 3,886,463 | ||||||
M/I Homes Inc., 4.95%, 02/01/28 | 3,625 | 3,532,114 | ||||||
Mattamy Group Corp., 5.25%, 12/15/27(a) | 4,560 | 4,471,935 | ||||||
Shea Homes LP/Shea Homes Funding Corp., | ||||||||
4.75%, 02/15/28 | 4,132 | 3,955,267 | ||||||
Taylor Morrison Communities Inc. | ||||||||
5.75%, 01/15/28(a) | 4,185 | 4,203,832 | ||||||
5.88%, 06/15/27(a) | 4,650 | 4,667,437 | ||||||
Tri Pointe Homes Inc., 5.70%, 06/15/28 | 3,275 | 3,271,948 | ||||||
57,695,852 | ||||||||
Home Furnishings — 0.1% | ||||||||
Tempur Sealy International Inc., 4.00%, | ||||||||
04/15/29(a) | 7,046 | 6,424,190 | ||||||
Hotels, Restaurants & Leisure — 0.1% | ||||||||
1011778 BC ULC/New Red Finance Inc., 6.13%, | ||||||||
06/15/29(a) | 4,870 | 4,933,716 | ||||||
Household Products & Wares — 0.1% | ||||||||
ACCO Brands Corp., 4.25%, 03/15/29(a)(b) | 5,225 | 4,767,906 | ||||||
Housewares — 0.5% | ||||||||
CD&R Smokey Buyer Inc., 6.75%, 07/15/25(a) | 6,112 | 6,064,632 | ||||||
Newell Brands Inc. | ||||||||
4.88%, 06/01/25 | 4,121 | 4,095,244 | ||||||
5.70%, 04/01/26 | 17,339 | 17,265,309 | ||||||
6.38%, 09/15/27(b) | 4,611 | 4,620,038 | ||||||
32,045,223 | ||||||||
Insurance — 1.2% | ||||||||
Acrisure LLC / Acrisure Finance Inc., 8.50%, | ||||||||
06/15/29(a) | 3,785 | 3,883,561 | ||||||
Acrisure LLC/Acrisure Finance Inc. | ||||||||
4.25%, 02/15/29(a)(b) | 6,140 | 5,668,755 | ||||||
8.25%, 02/01/29(a) | 8,180 | 8,320,748 | ||||||
Alliant Holdings Intermediate LLC/Alliant Holdings | ||||||||
Co-Issuer | ||||||||
4.25%, 10/15/27(a) | 6,630 | 6,306,787 | ||||||
6.75%, 10/15/27(a) | 11,773 | 11,695,004 | ||||||
6.75%, 04/15/28(a) | 10,530 | 10,608,975 | ||||||
AmWINS Group Inc. | ||||||||
4.88%, 06/30/29(a) | 6,475 | 6,107,833 | ||||||
6.38%, 02/15/29(a)(b) | 6,252 | 6,345,780 | ||||||
AssuredPartners Inc., 5.63%, 01/15/29(a) | 5,025 | 4,785,878 | ||||||
BroadStreet Partners Inc., 5.88%, 04/15/29(a) | 6,650 | 6,409,602 | ||||||
FWD Group Holdings Ltd., 8.40%, 04/05/29(a)(b) | 1,000 | 1,035,680 | ||||||
GTCR AP Finance Inc., 8.00%, 05/15/27(a)(b) | 4,088 | 4,105,506 | ||||||
Highlands Holdings Bond Issuer Ltd./Highlands | ||||||||
Holdings Bond Co-Issuer Inc., 7.63%, 10/15/25, | ||||||||
(6.25% Cash and 8.37% PIK)(a)(c). | 4,205 | 4,235,136 | ||||||
79,509,245 | ||||||||
Internet — 2.5% | ||||||||
Acuris Finance U.S. Inc./Acuris Finance SARL, | ||||||||
5.00%, 05/01/28(a) | 3,175 | 2,826,957 | ||||||
ANGI Group LLC, 3.88%, 08/15/28(a)(b) | 4,625 | 4,026,063 | ||||||
Arches Buyer Inc. | ||||||||
4.25%, 06/01/28(a)(b) | 8,495 | 7,574,397 | ||||||
6.13%, 12/01/28(a) | 4,345 | 3,614,171 |
Security | Par (000) | Value | ||||||
Internet (continued) | ||||||||
Cablevision Lightpath LLC | ||||||||
3.88%, 09/15/27(a)(b) | $ | 4,266 | $ | 3,895,071 | ||||
5.63%, 09/15/28(a) | 3,640 | 3,094,152 | ||||||
Cars.com Inc., 6.38%, 11/01/28(a) | 3,700 | 3,636,286 | ||||||
Cogent Communications Group Inc. | ||||||||
3.50%, 05/01/26(a)(b) | 4,646 | 4,476,574 | ||||||
7.00%, 06/15/27(a) | 4,161 | 4,205,861 | ||||||
Gen Digital Inc. | ||||||||
5.00%, 04/15/25(a) | 9,039 | 8,977,173 | ||||||
6.75%, 09/30/27(a)(b) | 7,813 | 7,966,574 | ||||||
Go Daddy Operating Co. LLC/GD Finance Co. Inc. | ||||||||
3.50%, 03/01/29(a) | 6,105 | 5,546,881 | ||||||
5.25%, 12/01/27(a) | 5,430 | 5,341,762 | ||||||
GrubHub Holdings Inc., 5.50%, 07/01/27(a)(b) | 4,575 | 4,218,150 | ||||||
ION Trading Technologies SARL | ||||||||
5.75%, 05/15/28(a) | 3,945 | 3,679,083 | ||||||
9.50%, 05/30/29(a) | 2,155 | 2,241,900 | ||||||
Match Group Holdings II LLC | ||||||||
4.63%, 06/01/28(a) | 4,594 | 4,387,366 | ||||||
5.00%, 12/15/27(a) | 4,150 | 4,026,123 | ||||||
5.63%, 02/15/29(a)(b) | 3,380 | 3,293,916 | ||||||
Newfold Digital Holdings Group Inc. | ||||||||
6.00%, 02/15/29(a)(b) | 6,014 | 4,124,762 | ||||||
11.75%, 10/15/28(a)(b) | 4,365 | 4,411,516 | ||||||
Rakuten Group Inc. | ||||||||
9.75%, 04/15/29(a) | 14,925 | 15,857,812 | ||||||
10.25%, 11/30/24(a) | 350 | 355,308 | ||||||
11.25%, 02/15/27(a) | 15,460 | 16,758,176 | ||||||
Shutterfly Finance LLC, 8.50%, 10/01/27, (4.25% | ||||||||
Cash and 4.25% PIK )(a)(b)(c) | 2,331 | 1,972,496 | ||||||
Uber Technologies Inc. | ||||||||
6.25%, 01/15/28(a)(b) | 4,555 | 4,596,849 | ||||||
7.50%, 09/15/27(a) | 9,461 | 9,635,437 | ||||||
8.00%, 11/01/26(a) | 11,624 | 11,677,980 | ||||||
156,418,796 | ||||||||
Iron & Steel — 0.9% | ||||||||
Algoma Steel Inc., 9.13%, 04/15/29(a)(b) | 2,925 | 2,908,766 | ||||||
ATI Inc., 5.88%, 12/01/27(b) | 3,265 | 3,242,655 | ||||||
Baffinland Iron Mines Corp./Baffinland Iron | ||||||||
Mines LP, 8.75%, 07/15/26(a) | 5,216 | 4,704,776 | ||||||
Big River Steel LLC/BRS Finance Corp., 6.63%, | ||||||||
01/31/29(a)(b) | 3,245 | 3,240,944 | ||||||
Carpenter Technology Corp., 6.38%, 07/15/28(b) | 3,350 | 3,367,118 | ||||||
Cleveland-Cliffs Inc. | ||||||||
4.63%, 03/01/29(a)(b) | 3,150 | 2,985,347 | ||||||
5.88%, 06/01/27(b) | 4,574 | 4,562,336 | ||||||
Infrabuild Australia Pty. Ltd., 14.50%, 11/15/28(a)(b) | 2,600 | 2,701,097 | ||||||
Mineral Resources Ltd. | ||||||||
8.00%, 11/01/27(a) | 5,705 | 5,841,349 | ||||||
8.13%, 05/01/27(a) | 5,745 | 5,830,425 | ||||||
9.25%, 10/01/28(a) | 9,690 | 10,305,315 | ||||||
TMS International Corp./DE, 6.25%, 04/15/29(a)(b) | 3,050 | 2,831,579 | ||||||
U.S. Steel Corp., 6.88%, 03/01/29(b) | 4,195 | 4,219,696 | ||||||
56,741,403 | ||||||||
Leisure Time — 1.9% | ||||||||
Acushnet Co., 7.38%, 10/15/28(a)(b) | 3,045 | 3,178,134 | ||||||
Carnival Holdings Bermuda Ltd., 10.38%, | ||||||||
05/01/28(a)(b) | 17,075 | 18,466,529 | ||||||
Life Time Inc. | ||||||||
5.75%, 01/15/26(a) | 7,690 | 7,661,163 |
7
Schedule of Investments (unaudited) (continued) | iShares® 0-5 Year High Yield Corporate Bond ETF |
July 31, 2024 | (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Leisure Time (continued) | ||||||||
8.00%, 04/15/26(a)(b) | $ | 3,866 | $ | 3,921,156 | ||||
Lindblad Expeditions LLC, 6.75%, 02/15/27(a)(b) | 3,392 | 3,391,046 | ||||||
MajorDrive Holdings IV LLC, 6.38%, 06/01/29(a) | 4,100 | 3,901,296 | ||||||
NCL Corp. Ltd. | ||||||||
3.63%, 12/15/24(a)(b) | 4,614 | 4,567,860 | ||||||
5.88%, 03/15/26(a)(b) | 11,962 | 11,909,367 | ||||||
5.88%, 02/15/27(a) | 8,747 | 8,683,234 | ||||||
7.75%, 02/15/29(a)(b) | 5,530 | 5,820,325 | ||||||
8.13%, 01/15/29(a)(b) | 6,945 | 7,388,761 | ||||||
8.38%, 02/01/28(a) | 5,465 | 5,751,913 | ||||||
NCL Finance Ltd., 6.13%, 03/15/28(a)(b) | 4,720 | 4,708,200 | ||||||
Sabre GLBL Inc. | ||||||||
8.63%, 06/01/27(a)(b) | 7,893 | 7,370,089 | ||||||
11.25%, 12/15/27(a)(b) | 4,935 | 4,873,313 | ||||||
Viking Cruises Ltd. | ||||||||
5.88%, 09/15/27(a)(b) | 7,401 | 7,354,744 | ||||||
7.00%, 02/15/29(a) | 4,550 | 4,595,500 | ||||||
Viking Ocean Cruises Ship VII Ltd., 5.63%, | ||||||||
02/15/29(a)(b) | 3,261 | 3,219,218 | ||||||
Vista Outdoor Inc., 4.50%, 03/15/29(a) | 250 | 248,722 | ||||||
VOC Escrow Ltd., 5.00%, 02/15/28(a) | 5,700 | 5,563,200 | ||||||
122,573,770 | ||||||||
Lodging — 2.9% | ||||||||
Boyd Gaming Corp., 4.75%, 12/01/27(b) | 8,572 | 8,337,074 | ||||||
Full House Resorts Inc., 8.25%, 02/15/28(a)(b) | 4,125 | 4,060,743 | ||||||
Genting New York LLC/GENNY Capital Inc., | ||||||||
3.30%, 02/15/26(a) | 4,791 | 4,589,795 | ||||||
Hilton Domestic Operating Co. Inc. | ||||||||
3.75%, 05/01/29(a)(b) | 1,400 | 1,299,113 | ||||||
5.38%, 05/01/25(a) | 4,095 | 4,082,060 | ||||||
5.75%, 05/01/28(a)(b) | 4,130 | 4,124,838 | ||||||
5.88%, 04/01/29(a)(b) | 5,020 | 5,056,370 | ||||||
Hilton Grand Vacations Borrower | ||||||||
Escrow LLC/Hilton Grand Vacations Borrower | ||||||||
Esc, 5.00%, 06/01/29(a)(b) | 7,125 | 6,701,820 | ||||||
Hilton Worldwide Finance LLC/Hilton Worldwide | ||||||||
Finance Corp., 4.88%, 04/01/27 | 5,065 | 4,994,141 | ||||||
Marriott Ownership Resorts Inc., 4.50%, | ||||||||
06/15/29(a)(b) | 1,100 | 1,022,819 | ||||||
Melco Resorts Finance Ltd. | ||||||||
4.88%, 06/06/25(a)(b) | 8,485 | 8,344,994 | ||||||
5.25%, 04/26/26(a)(b) | 4,417 | 4,276,792 | ||||||
5.63%, 07/17/27(a) | 5,246 | 5,009,040 | ||||||
5.75%, 07/21/28(a) | 7,185 | 6,735,937 | ||||||
MGM China Holdings Ltd. | ||||||||
4.75%, 02/01/27(a)(b) | 6,771 | 6,465,306 | ||||||
5.25%, 06/18/25(a)(b) | 3,946 | 3,902,160 | ||||||
5.88%, 05/15/26(a)(b) | 6,810 | 6,743,069 | ||||||
MGM Resorts International | ||||||||
4.63%, 09/01/26(b) | 3,690 | 3,618,875 | ||||||
4.75%, 10/15/28(b) | 6,755 | 6,512,968 | ||||||
5.50%, 04/15/27 | 6,037 | 5,999,661 | ||||||
5.75%, 06/15/25 | 5,564 | 5,551,481 | ||||||
Station Casinos LLC, 4.50%, 02/15/28(a)(b) | 6,159 | 5,845,815 | ||||||
Studio City Co. Ltd., 7.00%, 02/15/27(a)(b) | 3,069 | 3,062,574 | ||||||
Studio City Finance Ltd. | ||||||||
5.00%, 01/15/29(a)(b) | 9,595 | 8,549,145 | ||||||
6.50%, 01/15/28(a)(b) | 4,508 | 4,319,686 | ||||||
Travel & Leisure Co. | ||||||||
6.00%, 04/01/27 | 3,664 | 3,676,201 | ||||||
6.60%, 10/01/25 | 3,231 | 3,255,233 |
Security | Par (000) | Value | ||||||
Lodging (continued) | ||||||||
6.63%, 07/31/26(a) | $ | 5,866 | $ | 5,922,363 | ||||
Wyndham Hotels & Resorts Inc., 4.38%, | ||||||||
08/15/28(a)(b) | 4,570 | 4,312,937 | ||||||
Wynn Las Vegas LLC/Wynn Las Vegas Capital | ||||||||
Corp., 5.25%, 05/15/27(a)(b) | 7,790 | 7,634,200 | ||||||
Wynn Macau Ltd. | ||||||||
4.88%, 10/01/24(a) | 4,909 | 4,893,829 | ||||||
5.50%, 01/15/26(a) | 8,900 | 8,745,141 | ||||||
5.50%, 10/01/27(a)(b) | 6,721 | 6,419,093 | ||||||
5.63%, 08/26/28(a)(b) | 11,790 | 11,171,025 | ||||||
185,236,298 | ||||||||
Machinery — 1.0% | ||||||||
ATS Corp., 4.13%, 12/15/28(a)(b) | 3,237 | 2,996,046 | ||||||
BWX Technologies Inc. | ||||||||
4.13%, 06/30/28(a) | 3,555 | 3,378,139 | ||||||
4.13%, 04/15/29(a) | 3,476 | 3,264,833 | ||||||
Esab Corp., 6.25%, 04/15/29(a)(b) | 4,700 | 4,785,335 | ||||||
GrafTech Finance Inc., 4.63%, 12/15/28(a) | 4,310 | 3,030,768 | ||||||
GrafTech Global Enterprises Inc., 9.88%, | ||||||||
12/15/28(a) | 3,745 | 2,901,310 | ||||||
Husky Injection Molding Systems Ltd./Titan | ||||||||
Co-Borrower LLC, 9.00%, 02/15/29(a) | 8,775 | 9,045,067 | ||||||
Maxim Crane Works Holdings Capital LLC, | ||||||||
11.50%, 09/01/28(a) | 4,560 | 4,679,928 | ||||||
Mueller Water Products Inc., 4.00%, 06/15/29(a)(b) | 3,775 | 3,520,187 | ||||||
Terex Corp., 5.00%, 05/15/29(a)(b) | 5,225 | 5,022,531 | ||||||
TK Elevator Holdco GmbH, 7.63%, 07/15/28(a) | 3,680 | 3,687,211 | ||||||
TK Elevator U.S. Newco Inc., 5.25%, 07/15/27(a) | 13,339 | 13,074,888 | ||||||
Vertiv Group Corp., 4.13%, 11/15/28(a)(b) | 7,730 | 7,316,977 | ||||||
66,703,220 | ||||||||
Manufacturing — 0.7% | ||||||||
Amsted Industries Inc., 5.63%, 07/01/27(a)(b) | 3,721 | 3,663,674 | ||||||
Calderys Financing LLC, 11.25%, 06/01/28(a) | 5,000 | 5,355,250 | ||||||
Enpro Inc., 5.75%, 10/15/26 | 3,260 | 3,261,389 | ||||||
FXI Holdings Inc. | ||||||||
12.25%, 11/15/26(a)(b) | 4,561 | 4,536,203 | ||||||
12.25%, 11/15/26(a)(b) | 6,936 | 6,909,990 | ||||||
Hillenbrand Inc. | ||||||||
5.00%, 09/15/26 | 3,435 | 3,387,107 | ||||||
6.25%, 02/15/29(b) | 4,335 | 4,389,187 | ||||||
LSB Industries Inc., 6.25%, 10/15/28(a)(b) | 5,294 | 5,137,880 | ||||||
Trinity Industries Inc., 7.75%, 07/15/28(a) | 4,520 | 4,726,131 | ||||||
41,366,811 | ||||||||
Media — 7.4% | ||||||||
AMC Networks Inc. | ||||||||
4.25%, 02/15/29(b) | 8,725 | 6,014,070 | ||||||
10.25%, 01/15/29(a) | 7,522 | 7,416,316 | ||||||
CCO Holdings LLC/CCO Holdings Capital Corp. | ||||||||
5.00%, 02/01/28(a) | 20,990 | 19,988,357 | ||||||
5.13%, 05/01/27(a) | 27,656 | 26,817,954 | ||||||
5.38%, 06/01/29(a) | 10,925 | 10,186,033 | ||||||
5.50%, 05/01/26(a) | 6,320 | 6,289,850 | ||||||
CSC Holdings LLC | ||||||||
5.38%, 02/01/28(a) | 8,380 | 6,641,150 | ||||||
5.50%, 04/15/27(a) | 10,915 | 9,164,507 | ||||||
6.50%, 02/01/29(a) | 14,574 | 11,221,980 | ||||||
11.25%, 05/15/28(a)(b) | 8,370 | 7,574,850 | ||||||
11.75%, 01/31/29(a) | 17,205 | 15,549,019 | ||||||
Directv Financing LLC/Directv Financing | ||||||||
Co-Obligor Inc., 5.88%, 08/15/27(a) | 31,161 | 30,011,938 |
8
Schedule of Investments (unaudited) (continued) | iShares® 0-5 Year High Yield Corporate Bond ETF |
July 31, 2024 | (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Media (continued) | ||||||||
DISH DBS Corp. | ||||||||
5.25%, 12/01/26(a) | $ | 23,193 | $ | 19,295,996 | ||||
5.75%, 12/01/28(a) | 20,985 | 15,423,975 | ||||||
5.88%, 11/15/24 | 16,789 | 15,655,743 | ||||||
7.75%, 07/01/26 | 16,575 | 10,693,983 | ||||||
DISH Network Corp., 11.75%, 11/15/27(a) | 29,740 | 29,740,000 | ||||||
GCI LLC, 4.75%, 10/15/28(a) | 5,485 | 5,093,014 | ||||||
Gray Television Inc. | ||||||||
7.00%, 05/15/27(a)(b) | 6,311 | 6,097,404 | ||||||
10.50%, 07/15/29(a)(b) | 10,045 | 10,484,469 | ||||||
iHeartCommunications Inc., 6.38%, 05/01/26 | 6,775 | 5,789,238 | ||||||
LCPR Senior Secured Financing DAC | ||||||||
5.13%, 07/15/29(a) | 5,800 | 4,831,574 | ||||||
6.75%, 10/15/27(a) | 9,930 | 9,256,622 | ||||||
McGraw-Hill Education Inc., 5.75%, 08/01/28(a)(b) | 8,075 | 7,782,281 | ||||||
Midcontinent Communications/Midcontinent | ||||||||
Finance Corp., 5.38%, 08/15/27(a)(b) | 3,256 | 3,195,299 | ||||||
News Corp., 3.88%, 05/15/29(a) | 8,775 | 8,130,476 | ||||||
Nexstar Media Inc. | ||||||||
4.75%, 11/01/28(a)(b) | 8,971 | 8,261,878 | ||||||
5.63%, 07/15/27(a)(b) | 14,815 | 14,363,760 | ||||||
Radiate Holdco LLC/Radiate Finance Inc., 4.50%, | ||||||||
09/15/26(a) | 7,821 | 6,248,141 | ||||||
Scripps Escrow II Inc., 3.88%, 01/15/29(a)(b) | 4,670 | 3,035,500 | ||||||
Sirius XM Radio Inc. | ||||||||
3.13%, 09/01/26(a)(b) | 8,403 | 7,981,274 | ||||||
4.00%, 07/15/28(a) | 17,350 | 15,881,756 | ||||||
5.00%, 08/01/27(a)(b) | 13,070 | 12,628,888 | ||||||
5.50%, 07/01/29(a) | 7,000 | 6,682,900 | ||||||
Sunrise HoldCo IV BV, 5.50%, 01/15/28(a)(b) | 4,205 | 4,108,369 | ||||||
TEGNA Inc. | ||||||||
4.63%, 03/15/28(b) | 8,915 | 8,224,088 | ||||||
4.75%, 03/15/26(a) | 5,010 | 4,926,759 | ||||||
Telenet Finance Luxembourg Notes SARL, 5.50%, | ||||||||
03/01/28(a) | 8,800 | 8,428,024 | ||||||
Townsquare Media Inc., 6.88%, 02/01/26(a)(b) | 4,856 | 4,766,941 | ||||||
Univision Communications Inc. | ||||||||
4.50%, 05/01/29(a)(b) | 8,830 | 7,718,745 | ||||||
6.63%, 06/01/27(a)(b) | 13,244 | 13,173,376 | ||||||
8.00%, 08/15/28(a) | 12,090 | 12,160,579 | ||||||
Urban One Inc., 7.38%, 02/01/28(a)(b) | 6,490 | 4,950,157 | ||||||
Virgin Media Secured Finance PLC, 5.50%, | ||||||||
05/15/29(a) | 11,875 | 11,066,313 | ||||||
Virgin Media Vendor Financing Notes IV DAC, | ||||||||
5.00%, 07/15/28(a) | 4,530 | 4,233,285 | ||||||
Ziggo Bond Co. BV, 6.00%, 01/15/27(a)(b) | 5,696 | 5,670,902 | ||||||
472,857,733 | ||||||||
Metal Fabricate & Hardware — 0.1% | ||||||||
Advanced Drainage Systems Inc., 5.00%, | ||||||||
09/30/27(a)(b) | 3,317 | 3,239,050 | ||||||
Mining — 0.8% | ||||||||
Alcoa Nederland Holding BV | ||||||||
4.13%, 03/31/29(a)(b) | 4,571 | 4,272,279 | ||||||
5.50%, 12/15/27(a)(b) | 3,020 | 2,985,270 | ||||||
6.13%, 05/15/28(a)(b) | 1,620 | 1,622,970 | ||||||
Coeur Mining Inc., 5.13%, 02/15/29(a)(b) | 2,575 | 2,410,558 | ||||||
Compass Minerals International Inc., 6.75%, | ||||||||
12/01/27(a)(b) | 4,627 | 4,552,968 | ||||||
Constellium SE, 3.75%, 04/15/29(a)(b) | 3,775 | 3,445,216 |
Security | Par (000) | Value | ||||||
Mining (continued) | ||||||||
FMG Resources August 2006 Pty. Ltd., 4.50%, | ||||||||
09/15/27(a) | $ | 5,403 | $ | 5,179,824 | ||||
Hecla Mining Co., 7.25%, 02/15/28(b) | 4,375 | 4,412,570 | ||||||
Kaiser Aluminum Corp., 4.63%, 03/01/28(a) | 4,555 | 4,273,729 | ||||||
New Gold Inc., 7.50%, 07/15/27(a) | 3,657 | 3,700,536 | ||||||
Novelis Corp., 3.25%, 11/15/26(a)(b) | 6,304 | 5,985,270 | ||||||
Perenti Finance Pty Ltd. | ||||||||
6.50%, 10/07/25(a)(b) | 1,640 | 1,639,337 | ||||||
7.50%, 04/26/29(a)(b) | 3,180 | 3,265,163 | ||||||
47,745,690 | ||||||||
Office & Business Equipment — 0.2% | ||||||||
Pitney Bowes Inc. | ||||||||
6.88%, 03/15/27(a)(b) | 3,536 | 3,500,640 | ||||||
7.25%, 03/15/29(a)(b) | 3,225 | 3,032,421 | ||||||
Xerox Holdings Corp. | ||||||||
5.00%, 08/15/25(a)(b) | 3,241 | 3,184,380 | ||||||
5.50%, 08/15/28(a) | 6,710 | 5,683,370 | ||||||
15,400,811 | ||||||||
Office Furnishings — 0.1% | ||||||||
Steelcase Inc., 5.13%, 01/18/29 | 3,910 | 3,781,537 | ||||||
Oil & Gas — 6.2% | ||||||||
Aethon United BR LP/Aethon United Finance | ||||||||
Corp., 8.25%, 02/15/26(a) | 6,219 | 6,300,158 | ||||||
Antero Resources Corp., 7.63%, 02/01/29(a) | 3,475 | 3,589,533 | ||||||
Ascent Resources Utica Holdings LLC/ARU | ||||||||
Finance Corp. | ||||||||
5.88%, 06/30/29(a) | 1,935 | 1,898,090 | ||||||
7.00%, 11/01/26(a)(b) | 5,495 | 5,503,208 | ||||||
8.25%, 12/31/28(a) | 4,665 | 4,794,648 | ||||||
Berry Petroleum Co. LLC, 7.00%, 02/15/26(a) | 3,554 | 3,518,460 | ||||||
California Resources Corp. | ||||||||
7.13%, 02/01/26(a)(b) | 4,951 | 4,962,635 | ||||||
8.25%, 06/15/29(a) | 5,120 | 5,243,904 | ||||||
Calumet Specialty Products Partners LP/Calumet | ||||||||
Finance Corp., 11.00%, 04/15/25(a)(b) | 3,477 | 3,473,277 | ||||||
Chesapeake Energy Corp. | ||||||||
5.50%, 02/01/26(a) | 4,221 | 4,197,194 | ||||||
5.88%, 02/01/29(a) | 3,551 | 3,535,612 | ||||||
6.75%, 04/15/29(a)(b) | 8,015 | 8,104,713 | ||||||
Chord Energy Corp., 6.38%, 06/01/26(a) | 3,466 | 3,481,770 | ||||||
CITGO Petroleum Corp. | ||||||||
6.38%, 06/15/26(a) | 5,832 | 5,834,561 | ||||||
7.00%, 06/15/25(a) | 9,220 | 9,220,000 | ||||||
8.38%, 01/15/29(a) | 9,485 | 9,864,779 | ||||||
Civitas Resources Inc. | ||||||||
5.00%, 10/15/26(a) | 3,748 | 3,656,924 | ||||||
8.38%, 07/01/28(a) | 11,430 | 12,012,756 | ||||||
CNX Resources Corp., 6.00%, 01/15/29(a)(b) | 4,550 | 4,509,506 | ||||||
Comstock Resources Inc. | ||||||||
6.75%, 03/01/29(a)(b) | 10,615 | 10,269,163 | ||||||
6.75%, 03/01/29(a) | 3,350 | 3,233,755 | ||||||
Crescent Energy Finance LLC, 9.25%, | ||||||||
02/15/28(a)(b) | 8,840 | 9,319,128 | ||||||
CrownRock LP/CrownRock Finance Inc., 5.63%, | ||||||||
10/15/25(a) | 9,437 | 9,422,373 | ||||||
CVR Energy Inc. | ||||||||
5.75%, 02/15/28(a) | 3,825 | 3,605,062 | ||||||
8.50%, 01/15/29(a) | 5,400 | 5,491,125 | ||||||
Encino Acquisition Partners Holdings LLC, 8.50%, | ||||||||
05/01/28(a)(b) | 6,330 | 6,488,028 |
9
Schedule of Investments (unaudited) (continued) | iShares® 0-5 Year High Yield Corporate Bond ETF |
July 31, 2024 | (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Oil & Gas (continued) | ||||||||
Endeavor Energy Resources LP/EER Finance Inc., | ||||||||
5.75%, 01/30/28(a) | $ | 8,200 | $ | 8,276,670 | ||||
Energean PLC, 6.50%, 04/30/27(a) | 350 | 344,312 | ||||||
Energian Israel Finance Ltd. | ||||||||
4.88%, 03/30/26(a) | 5,695 | 5,380,437 | ||||||
5.38%, 03/30/28(a) | 5,705 | 5,117,756 | ||||||
Gulfport Energy Corp. | ||||||||
8.00%, 05/17/26(b) | 20 | 20,257 | ||||||
8.00%, 05/17/26(a) | 4,558 | 4,616,540 | ||||||
Harbour Energy PLC, 5.50%, 10/15/26(a) | 4,531 | 4,468,699 | ||||||
Hilcorp Energy I LP/Hilcorp Finance Co. | ||||||||
5.75%, 02/01/29(a) | 5,420 | 5,321,431 | ||||||
6.25%, 11/01/28(a) | 5,035 | 5,030,450 | ||||||
Ithaca Energy North Sea PLC, 9.00%, 07/15/26(a) | 5,311 | 5,389,434 | ||||||
Kraken Oil & Gas Partners LLC, 7.63%, | ||||||||
08/15/29(a)(b) | 2,320 | 2,342,504 | ||||||
Leviathan Bond Ltd. | ||||||||
6.13%, 06/30/25(a) | 5,121 | 4,986,523 | ||||||
6.50%, 06/30/27(a) | 5,456 | 5,090,448 | ||||||
Magnolia Oil & Gas Operating LLC/Magnolia Oil & | ||||||||
Gas Finance Corp., 6.00%, 08/01/26(a) | 3,553 | 3,537,123 | ||||||
Matador Resources Co., 6.88%, 04/15/28(a)(b) | 4,545 | 4,638,565 | ||||||
MEG Energy Corp., 5.88%, 02/01/29(a) | 5,470 | 5,403,496 | ||||||
Moss Creek Resources Holdings Inc. | ||||||||
7.50%, 01/15/26(a) | 5,797 | 5,802,402 | ||||||
10.50%, 05/15/27(a) | 4,197 | 4,291,432 | ||||||
Murphy Oil Corp. | ||||||||
5.88%, 12/01/27(b) | 4,105 | 4,105,000 | ||||||
6.38%, 07/15/28 | 3,340 | 3,370,165 | ||||||
Nabors Industries Inc., 7.38%, 05/15/27(a) | 6,267 | 6,384,506 | ||||||
Nabors Industries Ltd. | ||||||||
7.25%, 01/15/26(a) | 5,160 | 5,253,912 | ||||||
7.50%, 01/15/28(a)(b) | 3,585 | 3,518,050 | ||||||
Northern Oil & Gas Inc., 8.13%, 03/01/28(a) | 5,935 | 6,056,667 | ||||||
Parkland Corp., 5.88%, 07/15/27(a) | 4,547 | 4,537,622 | ||||||
PBF Holding Co. LLC/PBF Finance Corp., 6.00%, | ||||||||
02/15/28(b) | 7,335 | 7,194,075 | ||||||
Permian Resources Operating LLC | ||||||||
5.88%, 07/01/29(a) | 4,830 | 4,807,259 | ||||||
8.00%, 04/15/27(a) | 5,051 | 5,215,233 | ||||||
Precision Drilling Corp., 6.88%, 01/15/29(a)(b) | 3,720 | 3,723,424 | ||||||
Puma International Financing SA, 7.75%, | ||||||||
04/25/29(a) | 3,480 | 3,526,319 | ||||||
Range Resources Corp. | ||||||||
4.88%, 05/15/25 | 5,642 | 5,603,522 | ||||||
8.25%, 01/15/29(b) | 5,150 | 5,348,052 | ||||||
Saturn Oil & Gas Inc., 9.63%, 06/15/29(a) | 2,970 | 3,055,387 | ||||||
Sitio Royalties Operating Partnership LP/Sitio | ||||||||
Finance Corp., 7.88%, 11/01/28(a) | 5,345 | 5,589,953 | ||||||
SM Energy Co. | ||||||||
6.50%, 07/15/28(b) | 3,695 | 3,677,929 | ||||||
6.63%, 01/15/27(b) | 3,860 | 3,861,351 | ||||||
6.75%, 09/15/26 | 3,771 | 3,768,172 | ||||||
6.75%, 08/01/29(a) | 4,000 | 4,025,000 | ||||||
Southwestern Energy Co. | ||||||||
5.38%, 02/01/29 | 6,250 | 6,116,263 | ||||||
5.70%, 01/23/25(b) | 3,049 | 3,033,755 | ||||||
Strathcona Resources Ltd., 6.88%, 08/01/26(a) | 4,545 | 4,569,770 | ||||||
Sunoco LP, 7.00%, 05/01/29(a) | 2,475 | 2,551,708 | ||||||
Sunoco LP/Sunoco Finance Corp. | ||||||||
4.50%, 05/15/29(b) | 6,600 | 6,242,610 |
Security | Par (000) | Value | ||||||
Oil & Gas (continued) | ||||||||
5.88%, 03/15/28 | $ | 3,710 | $ | 3,698,128 | ||||
6.00%, 04/15/27 | 5,045 | 5,023,407 | ||||||
7.00%, 09/15/28(a) | 4,630 | 4,764,174 | ||||||
Talos Production Inc., 9.00%, 02/01/29(a) | 5,659 | 5,963,171 | ||||||
Teine Energy Ltd., 6.88%, 04/15/29(a) | 450 | 445,894 | ||||||
Transocean Inc. | ||||||||
8.00%, 02/01/27(a) | 5,392 | 5,401,598 | ||||||
8.25%, 05/15/29(a)(b) | 8,010 | 8,180,212 | ||||||
Transocean Poseidon Ltd., 6.88%, 02/01/27(a)(b) | 3,233 | 3,223,007 | ||||||
Transocean Titan Financing Ltd., 8.38%, | ||||||||
02/01/28(a) | 4,795 | 4,986,800 | ||||||
Viper Energy Inc., 5.38%, 11/01/27(a) | 3,963 | 3,904,900 | ||||||
392,315,836 | ||||||||
Oil & Gas Services — 0.9% | ||||||||
Archrock Partners LP/Archrock Partners | ||||||||
Finance Corp. | ||||||||
6.25%, 04/01/28(a) | 6,730 | 6,722,849 | ||||||
6.88%, 04/01/27(a) | 4,541 | 4,566,368 | ||||||
Bristow Group Inc., 6.88%, 03/01/28(a). | 3,685 | 3,656,377 | ||||||
Enerflex Ltd., 9.00%, 10/15/27(a) | 5,684 | 5,864,240 | ||||||
KCA Deutag UK Finance PLC, 9.88%, 12/01/25(a) | 4,181 | 4,221,611 | ||||||
Kodiak Gas Services LLC, 7.25%, 02/15/29(a)(b) | 6,755 | 6,943,534 | ||||||
Solaris Midstream Holdings LLC, 7.63%, | ||||||||
04/01/26(a) | 3,378 | 3,409,176 | ||||||
USA Compression Partners LP/USA Compression | ||||||||
Finance Corp. | ||||||||
6.88%, 09/01/27 | 6,701 | 6,746,325 | ||||||
7.13%, 03/15/29(a) | 8,425 | 8,576,229 | ||||||
Viridien, 8.75%, 04/01/27(a)(b) | 4,541 | 4,366,634 | ||||||
55,073,343 | ||||||||
Packaging & Containers — 2.9% | ||||||||
Ardagh Metal Packaging Finance USA LLC/Ardagh | ||||||||
Metal Packaging Finance PLC | ||||||||
3.25%, 09/01/28(a)(b) | 5,485 | 4,885,490 | ||||||
6.00%, 06/15/27(a) | 5,440 | 5,411,032 | ||||||
Ardagh Packaging Finance PLC/Ardagh Holdings | ||||||||
USA Inc., 4.13%, 08/15/26(a) | 9,929 | 8,466,128 | ||||||
Ball Corp. | ||||||||
6.00%, 06/15/29(b) | 5,375 | 5,439,360 | ||||||
6.88%, 03/15/28 | 6,135 | 6,312,263 | ||||||
Berry Global Inc., 5.63%, 07/15/27(a)(b) | 4,460 | 4,420,603 | ||||||
Cascades Inc./Cascades USA Inc., 5.38%, | ||||||||
01/15/28(a)(b) | 4,040 | 3,923,820 | ||||||
Clydesdale Acquisition Holdings Inc., 6.63%, | ||||||||
04/15/29(a)(b) | 4,550 | 4,531,815 | ||||||
Crown Americas LLC/Crown Americas Capital | ||||||||
Corp. V, 4.25%, 09/30/26 | 3,833 | 3,706,976 | ||||||
Crown Americas LLC/Crown Americas Capital | ||||||||
Corp. VI, 4.75%, 02/01/26 | 7,615 | 7,496,891 | ||||||
Graham Packaging Co. Inc., 7.13%, 08/15/28(a) | 4,675 | 4,539,191 | ||||||
Graphic Packaging International LLC | ||||||||
3.50%, 03/15/28(a)(b) | 4,065 | 3,786,040 | ||||||
3.50%, 03/01/29(a)(b) | 3,100 | 2,818,094 | ||||||
Intelligent Packaging Ltd. Finco Inc./Intelligent | ||||||||
Packaging Ltd. Co-Issuer LLC, 6.00%, | ||||||||
09/15/28(a)(b) | 6,185 | 6,078,088 | ||||||
Iris Holdings Inc., 10.00%, 12/15/28(a)(b) | 3,565 | 3,048,521 | ||||||
LABL Inc. | ||||||||
5.88%, 11/01/28(a)(b) | 4,650 | 4,299,953 | ||||||
6.75%, 07/15/26(a) | 6,262 | 6,210,839 |
10
Schedule of Investments (unaudited) (continued) | iShares® 0-5 Year High Yield Corporate Bond ETF |
July 31, 2024 | (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Packaging & Containers (continued) | ||||||||
10.50%, 07/15/27(a)(b) | $ | 6,151 | $ | 5,998,455 | ||||
Mauser Packaging Solutions Holding Co. | ||||||||
7.88%, 04/15/27(a)(b) | 22,800 | 23,502,201 | ||||||
9.25%, 04/15/27(a)(b) | 11,373 | 11,423,569 | ||||||
Owens-Brockway Glass Container Inc., 6.63%, | ||||||||
05/13/27(a)(b) | 5,524 | 5,529,248 | ||||||
Pactiv Evergreen Group Issuer Inc./Pactiv | ||||||||
Evergreen Group Issuer LLC, 4.00%, | ||||||||
10/15/27(a)(b) | 8,895 | 8,397,636 | ||||||
Pactiv Evergreen Group Issuer LLC/Pactiv | ||||||||
Evergreen Group Issuer Inc., 4.38%, | ||||||||
10/15/28(a)(b) | 4,608 | 4,325,576 | ||||||
Sealed Air Corp. | ||||||||
4.00%, 12/01/27(a)(b) | 3,969 | 3,763,763 | ||||||
5.00%, 04/15/29(a)(b) | 3,600 | 3,473,820 | ||||||
Sealed Air Corp./Sealed Air Corp. U.S., 6.13%, | ||||||||
02/01/28(a)(b) | 6,757 | 6,804,704 | ||||||
Silgan Holdings Inc., 4.13%, 02/01/28(b) | 5,175 | 4,925,410 | ||||||
Trident TPI Holdings Inc., 12.75%, 12/31/28(a) | 5,650 | 6,183,756 | ||||||
TriMas Corp., 4.13%, 04/15/29(a)(b) | 3,425 | 3,160,590 | ||||||
Trivium Packaging Finance BV | ||||||||
5.50%, 08/15/26(a) | 8,845 | 8,663,943 | ||||||
8.50%, 08/15/27(a)(b) | 6,504 | 6,377,494 | ||||||
187,905,269 | ||||||||
Pharmaceuticals — 2.9% | ||||||||
AdaptHealth LLC, 6.13%, 08/01/28(a)(b) | 3,010 | 2,930,799 | ||||||
Bausch Health Americas Inc. | ||||||||
8.50%, 01/31/27(a) | 2,443 | 1,783,390 | ||||||
9.25%, 04/01/26(a)(b) | 6,634 | 5,827,779 | ||||||
Bausch Health Companies Inc. | ||||||||
4.88%, 06/01/28(a) | 13,375 | 10,300,088 | ||||||
5.50%, 11/01/25(a) | 14,360 | 13,431,626 | ||||||
6.13%, 02/01/27(a) | 8,735 | 7,420,841 | ||||||
9.00%, 12/15/25(a)(b) | 8,580 | 7,722,000 | ||||||
11.00%, 09/30/28(a) | 15,170 | 14,191,535 | ||||||
Cheplapharm Arzneimittel GmbH, 5.50%, | ||||||||
01/15/28(a) | 4,584 | 4,304,037 | ||||||
Elanco Animal Health Inc., 6.65%, 08/28/28(b) | 6,735 | 6,847,609 | ||||||
Grifols SA, 4.75%, 10/15/28(a)(b) | 5,940 | 5,412,825 | ||||||
HLF Financing SARL LLC/Herbalife | ||||||||
International Inc. | ||||||||
4.88%, 06/01/29(a)(b) | 5,155 | 3,553,084 | ||||||
12.25%, 04/15/29(a) | 6,945 | 6,968,127 | ||||||
Jazz Securities DAC, 4.38%, 01/15/29(a)(b) | 13,022 | 12,265,096 | ||||||
Mallinckrodt International Finance SA/Mallinckrodt | ||||||||
CB LLC, 14.75%, 11/14/28(a)(b) | 1,500 | 1,633,564 | ||||||
Organon & Co./Organon Foreign Debt Co-Issuer | ||||||||
BV, 4.13%, 04/30/28(a) | 17,657 | 16,636,205 | ||||||
Owens & Minor Inc., 4.50%, 03/31/29(a)(b) | 4,000 | 3,510,000 | ||||||
P&L Development LLC/PLD Finance Corp., 7.75%, | ||||||||
11/15/25(a)(b) | 4,251 | 3,931,245 | ||||||
Teva Pharmaceutical Finance Netherlands III BV | ||||||||
3.15%, 10/01/26 | 28,352 | 26,828,080 | ||||||
4.75%, 05/09/27(b) | 8,851 | 8,593,031 | ||||||
5.13%, 05/09/29(b) | 7,975 | 7,735,112 | ||||||
6.75%, 03/01/28(b) | 10,875 | 11,151,551 | ||||||
7.13%, 01/31/25(b) | 3,550 | 3,566,807 | ||||||
186,544,431 |
Security | Par (000) | Value | ||||||
Pipelines — 4.5% | ||||||||
Antero Midstream Partners LP/Antero Midstream | ||||||||
Finance Corp. | ||||||||
5.38%, 06/15/29(a) | $ | 910 | $ | 890,162 | ||||
5.75%, 03/01/27(a) | 5,887 | 5,872,871 | ||||||
5.75%, 01/15/28(a) | 5,500 | 5,467,458 | ||||||
Blue Racer Midstream LLC/Blue Racer Finance | ||||||||
Corp., 7.00%, 07/15/29(a) | 4,085 | 4,203,465 | ||||||
Buckeye Partners LP | ||||||||
3.95%, 12/01/26 | 5,356 | 5,167,610 | ||||||
4.13%, 03/01/25(a)(b) | 2,757 | 2,725,295 | ||||||
4.13%, 12/01/27 | 3,577 | 3,371,140 | ||||||
4.50%, 03/01/28(a) | 4,505 | 4,294,079 | ||||||
6.88%, 07/01/29(a) | 4,910 | 4,979,575 | ||||||
Delek Logistics Partners LP/Delek Logistics | ||||||||
Finance Corp. | ||||||||
7.13%, 06/01/28(a) | 3,700 | 3,685,560 | ||||||
8.63%, 03/15/29(a) | 7,685 | 7,996,460 | ||||||
DT Midstream Inc., 4.13%, 06/15/29(a) | 8,625 | 8,053,594 | ||||||
EQM Midstream Partners LP | ||||||||
4.13%, 12/01/26(b) | 4,446 | 4,329,321 | ||||||
4.50%, 01/15/29(a) | 6,970 | 6,669,244 | ||||||
5.50%, 07/15/28 | 7,304 | 7,267,480 | ||||||
6.00%, 07/01/25(a) | 3,335 | 3,332,499 | ||||||
6.38%, 04/01/29(a)(b) | 5,055 | 5,162,419 | ||||||
6.50%, 07/01/27(a) | 7,566 | 7,719,448 | ||||||
7.50%, 06/01/27(a) | 4,546 | 4,670,198 | ||||||
FTAI Infra Escrow Holdings LLC, 10.50%, | ||||||||
06/01/27(a) | 5,426 | 5,825,064 | ||||||
Genesis Energy LP/Genesis Energy Finance Corp. | ||||||||
7.75%, 02/01/28 | 6,225 | 6,315,932 | ||||||
8.00%, 01/15/27 | 8,679 | 8,874,277 | ||||||
8.25%, 01/15/29 | 5,470 | 5,688,800 | ||||||
Global Partners LP/GLP Finance Corp. | ||||||||
6.88%, 01/15/29 | 3,250 | 3,235,014 | ||||||
7.00%, 08/01/27(b) | 3,511 | 3,540,103 | ||||||
Harvest Midstream I LP, 7.50%, 09/01/28(a) | 6,715 | 6,872,429 | ||||||
Hess Midstream Operations LP | ||||||||
5.13%, 06/15/28(a)(b) | 5,025 | 4,896,234 | ||||||
5.63%, 02/15/26(a) | 6,711 | 6,674,612 | ||||||
6.50%, 06/01/29(a)(b) | 2,045 | 2,087,593 | ||||||
Howard Midstream Energy Partners LLC, 8.88%, | ||||||||
07/15/28(a) | 5,010 | 5,311,402 | ||||||
Kinetik Holdings LP, 6.63%, 12/15/28(a)(b) | 6,715 | 6,859,003 | ||||||
Martin Midstream Partners LP/Martin Midstream | ||||||||
Finance Corp., 11.50%, 02/15/28(a)(b) | 3,625 | 3,970,245 | ||||||
New Fortress Energy Inc. | ||||||||
6.50%, 09/30/26(a)(b) | 12,984 | 12,075,120 | ||||||
6.75%, 09/15/25(a) | 7,252 | 7,148,877 | ||||||
8.75%, 03/15/29(a)(b) | 6,615 | 5,999,607 | ||||||
NGL Energy Operating LLC/NGL Energy Finance | ||||||||
Corp., 8.13%, 02/15/29(a) | 7,595 | 7,684,089 | ||||||
NuStar Logistics LP | ||||||||
5.63%, 04/28/27 | 5,045 | 5,027,202 | ||||||
5.75%, 10/01/25 | 5,400 | 5,399,186 | ||||||
6.00%, 06/01/26 | 4,584 | 4,592,973 | ||||||
Rockies Express Pipeline LLC | ||||||||
3.60%, 05/15/25(a) | 3,222 | 3,161,369 | ||||||
4.95%, 07/15/29(a) | 4,275 | 4,094,910 | ||||||
Summit Midstream Holdings LLC, 8.63%, | ||||||||
10/31/29(a)(b) | 1,560 | 1,597,050 |
11
Schedule of Investments (unaudited) (continued) | iShares® 0-5 Year High Yield Corporate Bond ETF |
July 31, 2024 | (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Pipelines (continued) | ||||||||
Tallgrass Energy Partners LP/Tallgrass Energy | ||||||||
Finance Corp. | ||||||||
5.50%, 01/15/28(a) | $ | 6,680 | $ | 6,445,532 | ||||
6.00%, 03/01/27(a)(b) | 3,946 | 3,921,510 | ||||||
7.38%, 02/15/29(a) | 7,130 | 7,219,660 | ||||||
Venture Global LNG Inc. | ||||||||
8.13%, 06/01/28(a) | 19,165 | 19,932,079 | ||||||
9.50%, 02/01/29(a) | 24,970 | 27,766,016 | ||||||
288,073,766 | ||||||||
Real Estate — 0.7% | ||||||||
Anywhere Real Estate Group LLC/Realogy | ||||||||
Co-Issuer Corp., 5.75%, 01/15/29(a)(b) | 5,010 | 3,444,375 | ||||||
CoreLogic Inc., 4.50%, 05/01/28(a)(b) | 6,810 | 6,284,568 | ||||||
Cushman & Wakefield U.S. Borrower LLC, 6.75%, | ||||||||
05/15/28(a) | 5,480 | 5,491,946 | ||||||
Five Point Operating Co. LP/Five Point Capital | ||||||||
Corp., 10.50%, 01/15/28(a)(f) | 4,758 | 4,889,190 | ||||||
Howard Hughes Corp. (The) | ||||||||
4.13%, 02/01/29(a) | 5,580 | 5,122,574 | ||||||
5.38%, 08/01/28(a) | 6,710 | 6,509,304 | ||||||
Hunt Companies Inc., 5.25%, 04/15/29(a) | 5,500 | 5,147,313 | ||||||
Kennedy-Wilson Inc., 4.75%, 03/01/29(b) | 5,120 | 4,504,064 | ||||||
Newmark Group Inc., 7.50%, 01/12/29 | 5,375 | 5,644,126 | ||||||
47,037,460 | ||||||||
Real Estate Investment Trusts — 4.3% | ||||||||
Apollo Commercial Real Estate Finance Inc., | ||||||||
4.63%, 06/15/29(a)(b) | 3,925 | 3,365,197 | ||||||
Blackstone Mortgage Trust Inc., 3.75%, | ||||||||
01/15/27(a)(b) | 3,715 | 3,410,370 | ||||||
Brandywine Operating Partnership LP | ||||||||
3.95%, 11/15/27(b) | 4,190 | 3,865,023 | ||||||
8.05%, 03/15/28(b) | 3,025 | 3,199,211 | ||||||
8.88%, 04/12/29(b) | 3,440 | 3,663,773 | ||||||
Brookfield Property REIT Inc./BPR | ||||||||
Cumulus LLC/BPR Nimbus LLC/GGSI | ||||||||
Sellco LLC | ||||||||
4.50%, 04/01/27(a) | 6,513 | 6,155,393 | ||||||
5.75%, 05/15/26(a) | 8,400 | 8,284,416 | ||||||
CTR Partnership LP/CareTrust Capital Corp., | ||||||||
3.88%, 06/30/28(a) | 3,655 | 3,408,288 | ||||||
Diversified Healthcare Trust | ||||||||
4.75%, 02/15/28(b) | 4,530 | 3,830,568 | ||||||
9.75%, 06/15/25 | 3,782 | 3,785,068 | ||||||
Global Net Lease Inc./Global Net Lease Operating | ||||||||
Partnership LP, 3.75%, 12/15/27(a)(b) | 4,595 | 4,135,408 | ||||||
Hudson Pacific Properties LP | ||||||||
3.95%, 11/01/27(b) | 3,618 | 3,174,124 | ||||||
4.65%, 04/01/29(b) | 4,300 | 3,606,530 | ||||||
5.95%, 02/15/28(b) | 2,965 | 2,651,456 | ||||||
Iron Mountain Inc. | ||||||||
4.88%, 09/15/27(a) | 8,665 | 8,455,145 | ||||||
5.00%, 07/15/28(a) | 4,510 | 4,368,940 | ||||||
5.25%, 03/15/28(a) | 7,205 | 7,051,173 | ||||||
7.00%, 02/15/29(a)(b) | 8,605 | 8,830,881 | ||||||
Ladder Capital Finance Holdings LLLP/Ladder | ||||||||
Capital Finance Corp. | ||||||||
4.25%, 02/01/27(a) | 5,885 | 5,688,323 | ||||||
4.75%, 06/15/29(a)(b) | 5,545 | 5,263,591 | ||||||
MPT Operating Partnership LP/MPT Finance Corp. | ||||||||
5.00%, 10/15/27(b) | 12,119 | 9,930,511 |
Security | Par (000) | Value | ||||||
Real Estate Investment Trusts (continued) | ||||||||
5.25%, 08/01/26(b) | $ | 4,540 | $ | 4,074,650 | ||||
Necessity Retail REIT Inc./American Finance | ||||||||
Operating Partner LP (The), 4.50%, | ||||||||
09/30/28(a)(b) | 4,515 | 4,114,294 | ||||||
Office Properties Income Trust, 9.00%, 09/30/29(a) | 4,681 | 3,703,841 | ||||||
Park Intermediate Holdings LLC/PK Domestic | ||||||||
Property LLC/PK Finance Co-Issuer | ||||||||
4.88%, 05/15/29(a)(b) | 6,140 | 5,799,230 | ||||||
5.88%, 10/01/28(a)(b) | 6,355 | 6,294,564 | ||||||
RHP Hotel Properties LP/RHP Finance Corp. | ||||||||
4.50%, 02/15/29(a)(b) | 5,275 | 4,994,634 | ||||||
4.75%, 10/15/27(b) | 6,310 | 6,133,415 | ||||||
7.25%, 07/15/28(a) | 3,745 | 3,876,096 | ||||||
Rithm Capital Corp., 8.00%, 04/01/29(a) | 6,850 | 6,790,062 | ||||||
RLJ Lodging Trust LP, 3.75%, 07/01/26(a) | 4,571 | 4,359,591 | ||||||
SBA Communications Corp. | ||||||||
3.13%, 02/01/29(b) | 12,975 | 11,753,014 | ||||||
3.88%, 02/15/27(b) | 12,894 | 12,384,945 | ||||||
Service Properties Trust | ||||||||
3.95%, 01/15/28(b) | 3,505 | 3,020,329 | ||||||
4.75%, 10/01/26(b) | 4,125 | 3,948,796 | ||||||
4.95%, 02/15/27(b) | 3,411 | 3,196,448 | ||||||
5.25%, 02/15/26 | 3,234 | 3,185,819 | ||||||
5.50%, 12/15/27(b) | 3,891 | 3,708,512 | ||||||
8.38%, 06/15/29 | 5,725 | 5,684,868 | ||||||
Starwood Property Trust Inc. | ||||||||
3.63%, 07/15/26(a) | 3,735 | 3,555,272 | ||||||
3.75%, 12/31/24(a)(b) | 3,309 | 3,263,038 | ||||||
4.38%, 01/15/27(a)(b) | 4,686 | 4,498,294 | ||||||
4.75%, 03/15/25 | 4,286 | 4,245,597 | ||||||
7.25%, 04/01/29(a) | 4,415 | 4,546,788 | ||||||
Uniti Group LP/Uniti Group Finance Inc./CSL | ||||||||
Capital LLC | ||||||||
4.75%, 04/15/28(a) | 4,995 | 4,338,642 | ||||||
6.50%, 02/15/29(a) | 9,411 | 7,131,656 | ||||||
10.50%, 02/15/28(a) | 24,780 | 24,980,247 | ||||||
Vornado Realty LP | ||||||||
2.15%, 06/01/26 | 3,510 | 3,295,585 | ||||||
3.50%, 01/15/25(b) | 2,950 | 2,916,612 | ||||||
XHR LP | ||||||||
4.88%, 06/01/29(a)(b) | 4,000 | 3,775,000 | ||||||
6.38%, 08/15/25(a) | 4,080 | 4,080,000 | ||||||
273,773,228 | ||||||||
Retail — 4.8% | ||||||||
1011778 BC ULC/New Red Finance Inc. | ||||||||
3.50%, 02/15/29(a)(b) | 6,650 | 6,084,750 | ||||||
3.88%, 01/15/28(a) | 13,305 | 12,506,700 | ||||||
4.38%, 01/15/28(a)(b) | 6,445 | 6,137,026 | ||||||
5.75%, 04/15/25(a)(b) | 3,951 | 3,946,970 | ||||||
Academy Ltd., 6.00%, 11/15/27(a) | 3,670 | 3,636,511 | ||||||
Advance Auto Parts Inc., 1.75%, 10/01/27 | 3,310 | 2,936,312 | ||||||
Asbury Automotive Group Inc., 4.50%, 03/01/28(b) | 3,706 | 3,536,784 | ||||||
Bath & Body Works Inc. | ||||||||
5.25%, 02/01/28(b) | 4,650 | 4,559,445 | ||||||
7.50%, 06/15/29(b) | 4,000 | 4,136,033 | ||||||
BCPE Ulysses Intermediate Inc., 7.75%, 04/01/27, | ||||||||
(7.75% Cash and 8.50% PIK)(a)(b)(c) | 3,665 | 3,537,568 | ||||||
Beacon Roofing Supply Inc., 4.13%, 05/15/29(a)(b) | 2,975 | 2,731,737 | ||||||
Brinker International Inc., 5.00%, 10/01/24(a)(b) | 2,980 | 2,966,828 | ||||||
Carvana Co., 12.00%, 12/01/28, | ||||||||
(12.00% PIK)(a)(b)(c) | 8,340 | 9,007,200 |
12
Schedule of Investments (unaudited) (continued) | iShares® 0-5 Year High Yield Corporate Bond ETF |
July 31, 2024 | (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Retail (continued) | ||||||||
CEC Entertainment LLC, 6.75%, 05/01/26(a)(b) | $ | 5,881 | $ | 5,861,887 | ||||
Dave & Buster's Inc., 7.63%, 11/01/25(a) | 3,678 | 3,690,845 | ||||||
eG Global Finance PLC, 12.00%, 11/30/28(a) | 9,750 | 10,469,062 | ||||||
Evergreen Acqco 1 LP/TVI Inc., 9.75%, | ||||||||
04/26/28(a)(b) | 3,752 | 3,961,201 | ||||||
Ferrellgas LP/Ferrellgas Finance Corp. | ||||||||
5.38%, 04/01/26(a) | 5,986 | 5,993,482 | ||||||
5.88%, 04/01/29(a) | 7,325 | 6,845,212 | ||||||
Fertitta Entertainment LLC/Fertitta Entertainment | ||||||||
Finance Co. Inc., 4.63%, 01/15/29(a) | 8,405 | 7,854,052 | ||||||
FirstCash Inc., 4.63%, 09/01/28(a) | 4,560 | 4,351,076 | ||||||
Foundation Building Materials Inc., 6.00%, | ||||||||
03/01/29(a) | 3,730 | 3,343,012 | ||||||
Global Auto Holdings Ltd./AAG FH U.K. Ltd., | ||||||||
8.38%, 01/15/29(a) | 4,795 | 4,681,120 | ||||||
Group 1 Automotive Inc., 4.00%, 08/15/28(a)(b) | 6,650 | 6,198,997 | ||||||
Guitar Center Inc., 8.50%, 01/15/26(a) | 4,879 | 4,337,634 | ||||||
GYP Holdings III Corp., 4.63%, 05/01/29(a)(b) | 3,100 | 2,920,103 | ||||||
IRB Holding Corp., 7.00%, 06/15/25(a) | 6,205 | 6,201,122 | ||||||
Ken Garff Automotive LLC, 4.88%, 09/15/28(a)(b) | 3,675 | 3,472,932 | ||||||
KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell | ||||||||
of America LLC, 4.75%, 06/01/27(a) | 6,625 | 6,499,622 | ||||||
Kohl's Corp., 4.25%, 07/17/25(b) | 2,940 | 2,862,825 | ||||||
LBM Acquisition LLC, 6.25%, 01/15/29(a) | 7,305 | 6,455,794 | ||||||
LCM Investments Holdings II LLC, 4.88%, | ||||||||
05/01/29(a) | 8,550 | 8,036,887 | ||||||
Lithia Motors Inc. | ||||||||
3.88%, 06/01/29(a)(b) | 6,805 | 6,158,525 | ||||||
4.63%, 12/15/27(a)(b) | 3,800 | 3,654,726 | ||||||
LSF9 Atlantis Holdings LLC/Victra Finance Corp., | ||||||||
7.75%, 02/15/26(a)(b) | 7,311 | 7,339,513 | ||||||
Macy's Retail Holdings LLC, 5.88%, 04/01/29(a)(b) | 4,475 | 4,367,645 | ||||||
Michaels Companies Inc. (The) | ||||||||
5.25%, 05/01/28(a)(b) | 7,595 | 5,620,300 | ||||||
7.88%, 05/01/29(a) | 10,505 | 6,040,375 | ||||||
NMG Holding Co. Inc./Neiman Marcus Group LLC, | ||||||||
7.13%, 04/01/26(a) | 9,635 | 9,672,776 | ||||||
Nordstrom Inc., 4.00%, 03/15/27 | 3,211 | 3,060,693 | ||||||
Park River Holdings Inc., 5.63%, 02/01/29(a)(b) | 3,555 | 2,879,772 | ||||||
Patrick Industries Inc., 4.75%, 05/01/29(a)(b). | 2,985 | 2,759,633 | ||||||
Penske Automotive Group Inc. | ||||||||
3.50%, 09/01/25(b) | 4,419 | 4,308,525 | ||||||
3.75%, 06/15/29(b) | 4,500 | 4,109,580 | ||||||
PetSmart Inc./PetSmart Finance Corp. | ||||||||
4.75%, 02/15/28(a) | 10,230 | 9,606,354 | ||||||
7.75%, 02/15/29(a) | 9,955 | 9,663,219 | ||||||
QVC Inc. | ||||||||
4.38%, 09/01/28(b) | 4,445 | 3,428,280 | ||||||
4.45%, 02/15/25(b) | 4,882 | 4,826,324 | ||||||
4.75%, 02/15/27(b) | 5,070 | 4,436,250 | ||||||
Raising Cane's Restaurants LLC, 9.38%, | ||||||||
05/01/29(a)(b) | 3,225 | 3,482,664 | ||||||
Sizzling Platter LLC/Sizzling Platter Finance Corp., | ||||||||
8.50%, 11/28/25(a)(b) | 3,226 | 3,253,179 | ||||||
Specialty Building Products Holdings LLC/SBP | ||||||||
Finance Corp., 6.38%, 09/30/26(a) | 6,112 | 6,019,997 | ||||||
Suburban Propane Partners LP/Suburban Energy | ||||||||
Finance Corp., 5.88%, 03/01/27 | 3,241 | 3,217,768 | ||||||
Superior Plus LP/Superior General Partner Inc., | ||||||||
4.50%, 03/15/29(a)(b) | 5,475 | 5,098,594 | ||||||
Victoria's Secret & Co., 4.63%, 07/15/29(a)(b) | 4,350 | 3,605,062 |
Security | Par (000) | Value | ||||||
Retail (continued) | ||||||||
Vivo Energy Investments BV, 5.13%, 09/24/27(a)(b) | $ | 3,000 | $ | 2,851,720 | ||||
Walgreens Boots Alliance Inc. | ||||||||
3.45%, 06/01/26 | 12,085 | 11,507,781 | ||||||
3.80%, 11/18/24 | 300 | 298,500 | ||||||
White Cap Buyer LLC, 6.88%, 10/15/28(a)(b) | 5,781 | 5,723,190 | ||||||
306,751,674 | ||||||||
Semiconductors — 0.6% | ||||||||
Amkor Technology Inc., 6.63%, 09/15/27(a) | 4,440 | 4,445,550 | ||||||
ams-OSRAM AG, 12.25%, 03/30/29(a)(b) | 3,675 | 3,887,537 | ||||||
Entegris Inc. | ||||||||
3.63%, 05/01/29(a)(b) | 3,600 | 3,264,588 | ||||||
4.38%, 04/15/28(a)(b) | 3,755 | 3,570,280 | ||||||
4.75%, 04/15/29(a) | 11,375 | 10,962,087 | ||||||
ON Semiconductor Corp., 3.88%, 09/01/28(a) | 6,340 | 5,905,266 | ||||||
Synaptics Inc., 4.00%, 06/15/29(a)(b) | 3,550 | 3,254,611 | ||||||
35,289,919 | ||||||||
Software — 2.8% | ||||||||
ACI Worldwide Inc., 5.75%, 08/15/26(a) | 3,250 | 3,225,625 | ||||||
Camelot Finance SA, 4.50%, 11/01/26(a) | 5,891 | 5,741,621 | ||||||
CDK Global II LLC, 4.88%, 06/01/27 | 15 | 13,058 | ||||||
Central Parent Inc./CDK Global Inc., 7.25%, | ||||||||
06/15/29(a) | 6,275 | 6,326,580 | ||||||
Central Parent LLC/CDK Global II LLC/CDK | ||||||||
Financing Co. Inc., 8.00%, 06/15/29(a) | 6,325 | 6,509,880 | ||||||
Clarivate Science Holdings Corp. | ||||||||
3.88%, 07/01/28(a)(b) | 7,989 | 7,487,761 | ||||||
4.88%, 07/01/29(a)(b) | 7,775 | 7,333,769 | ||||||
Cloud Software Group Inc., 6.50%, 03/31/29(a) | 33,646 | 32,813,850 | ||||||
Consensus Cloud Solutions Inc., 6.50%, | ||||||||
10/15/28(a)(b) | 3,815 | 3,681,832 | ||||||
Dye & Durham Ltd., 8.63%, 04/15/29(a)(b) | 5,070 | 5,188,028 | ||||||
Elastic NV, 4.13%, 07/15/29(a)(b) | 4,600 | 4,238,980 | ||||||
Fair Isaac Corp. | ||||||||
4.00%, 06/15/28(a) | 7,551 | 7,111,343 | ||||||
5.25%, 05/15/26(a) | 3,738 | 3,710,526 | ||||||
Helios Software Holdings Inc./ION Corporate | ||||||||
Solutions Finance SARL | ||||||||
4.63%, 05/01/28(a)(b) | 3,035 | 2,768,101 | ||||||
8.75%, 05/01/29(a) | 4,085 | 4,209,021 | ||||||
MicroStrategy Inc., 6.13%, 06/15/28(a)(b) | 4,580 | 4,525,778 | ||||||
Open Text Corp., 3.88%, 02/15/28(a). | 7,880 | 7,384,216 | ||||||
Playtika Holding Corp., 4.25%, 03/15/29(a) | 5,500 | 4,915,167 | ||||||
PTC Inc. | ||||||||
3.63%, 02/15/25(a) | 4,097 | 4,047,099 | ||||||
4.00%, 02/15/28(a) | 4,580 | 4,328,787 | ||||||
Rocket Software Inc. | ||||||||
6.50%, 02/15/29(a) | 5,230 | 4,720,075 | ||||||
9.00%, 11/28/28(a) | 6,865 | 7,062,369 | ||||||
SS&C Technologies Inc., 5.50%, 09/30/27(a)(b) | 16,881 | 16,719,905 | ||||||
Twilio Inc., 3.63%, 03/15/29(b) | 4,600 | 4,177,956 | ||||||
Veritas U.S. Inc./Veritas Bermuda Ltd., 7.50%, | ||||||||
09/01/25(a) | 14,974 | 13,130,326 | ||||||
West Technology Group LLC, 8.50%, 04/10/27(a)(b). | 3,739 | 3,197,593 | ||||||
ZoomInfo Technologies LLC/ZoomInfo Finance | ||||||||
Corp., 3.88%, 02/01/29(a)(b) | 5,925 | 5,412,877 | ||||||
179,982,123 | ||||||||
Telecommunications — 3.1% | ||||||||
Altice Financing SA | ||||||||
5.00%, 01/15/28(a)(b) | 10,413 | 8,304,367 | ||||||
9.63%, 07/15/27(a)(b) | 3,390 | 3,167,493 |
13
Schedule of Investments (unaudited) (continued) | iShares® 0-5 Year High Yield Corporate Bond ETF |
July 31, 2024 | (Percentages shown are based on Net Assets) |
Security | Par (000) | Value | ||||||
Telecommunications (continued) | ||||||||
Altice France SA | ||||||||
5.13%, 01/15/29(a)(b) | $ | 3,950 | $ | 2,759,569 | ||||
5.13%, 07/15/29(a) | 300 | 209,858 | ||||||
5.50%, 01/15/28(a) | 9,360 | 6,852,456 | ||||||
8.13%, 02/01/27(a) | 14,879 | 11,959,740 | ||||||
C&W Senior Finance Ltd., 6.88%, 09/15/27(a)(b) | 10,935 | 10,703,725 | ||||||
CommScope Inc., 6.00%, 03/01/26(a)(b) | 12,995 | 12,175,093 | ||||||
CommScope Technologies LLC, 6.00%, | ||||||||
06/15/25(a)(b) | 10,667 | 10,013,646 | ||||||
Connect Finco SARL/Connect U.S. Finco LLC, | ||||||||
6.75%, 10/01/26(a) | 17,981 | 17,625,875 | ||||||
Consolidated Communications Inc. | ||||||||
5.00%, 10/01/28(a)(b) | 3,550 | 3,062,585 | ||||||
6.50%, 10/01/28(a) | 6,598 | 5,992,084 | ||||||
Frontier Communications Holdings LLC | ||||||||
5.00%, 05/01/28(a) | 13,030 | 12,534,990 | ||||||
5.88%, 10/15/27(a) | 10,085 | 9,990,453 | ||||||
6.75%, 05/01/29(a)(b) | 8,650 | 8,195,222 | ||||||
Hughes Satellite Systems Corp., 5.25%, | ||||||||
08/01/26(b) | 6,645 | 5,050,200 | ||||||
Iliad Holding SASU | ||||||||
6.50%, 10/15/26(a) | 6,294 | 6,301,867 | ||||||
7.00%, 10/15/28(a) | 7,585 | 7,592,888 | ||||||
Level 3 Financing Inc. | ||||||||
10.50%, 04/15/29(a)(b) | 5,535 | 5,707,969 | ||||||
10.50%, 05/15/30(a) | 2,414 | 2,482,196 | ||||||
11.00%, 11/15/29(a)(b) | 3,305 | 3,499,184 | ||||||
Viasat Inc., 6.50%, 07/15/28(a)(b) | 3,455 | 2,820,884 | ||||||
ViaSat Inc. | ||||||||
5.63%, 09/15/25(a) | 5,971 | 5,899,229 | ||||||
5.63%, 04/15/27(a)(b) | 5,586 | 5,243,439 | ||||||
Windstream Escrow LLC/Windstream Escrow | ||||||||
Finance Corp., 7.75%, 08/15/28(a) | 11,965 | 11,550,413 | ||||||
Zayo Group Holdings Inc. | ||||||||
4.00%, 03/01/27(a)(b) | 12,893 | 11,029,156 | ||||||
6.13%, 03/01/28(a)(b) | 9,186 | 6,400,345 | ||||||
Zegona Finance PLC, 8.63%, 07/15/29(a)(b) | 2,215 | 2,260,961 | ||||||
199,385,887 | ||||||||
Transportation — 0.2% | ||||||||
Cargo Aircraft Management Inc., 4.75%, | ||||||||
02/01/28(a)(b) | 6,294 | 5,889,611 | ||||||
First Student Bidco Inc./First Transit Parent Inc., | ||||||||
4.00%, 07/31/29(a) | 2,531 | 2,305,064 | ||||||
RXO Inc., 7.50%, 11/15/27(a)(b) | 3,341 | 3,452,297 | ||||||
11,646,972 | ||||||||
Trucking & Leasing — 0.2% | ||||||||
Fortress Transportation and Infrastructure | ||||||||
Investors LLC, 5.50%, 05/01/28(a)(b) | 8,560 | 8,388,800 | ||||||
NAC Aviation 29 DAC, 4.75%, 06/30/26(b) | 6,151 | 5,847,724 | ||||||
14,236,524 | ||||||||
Total Corporate Bonds & Notes — 97.8% | ||||||||
(Cost: $6,212,574,107) | 6,233,991,801 |
Security | Shares | Value | ||||||
Common Stocks | ||||||||
Health Care Technology — 0.0% | ||||||||
Quincy Health LLC(g) | 25,958 | $ | — | |||||
Office REITs — 0.0% | ||||||||
Office Properties Income Trust, NVS | 16,557 | 41,227 | ||||||
Total Common Stocks — 0.0% | ||||||||
(Cost $2,676,566) | 41,227 | |||||||
Total Long-Term Investments — 97.8% | ||||||||
(Cost: $6,215,250,673) | 6,234,033,028 | |||||||
Short-Term Securities | ||||||||
Money Market Funds — 15.8% | ||||||||
BlackRock Cash Funds: Institutional, SL Agency | ||||||||
Shares, 5.45%(h)(i)(j) | 967,027,592 | 967,414,403 | ||||||
BlackRock Cash Funds: Treasury, SL Agency | ||||||||
Shares, 5.29%(h)(i) | 40,930,000 | 40,930,000 | ||||||
Total Short-Term Securities — 15.8% | ||||||||
(Cost: $1,007,922,098) | 1,008,344,403 | |||||||
Total Investments — 113.6% | ||||||||
(Cost: $7,223,172,771) | 7,242,377,431 | |||||||
Liabilities in Excess of Other Assets — (13.6)% | (866,448,119 | ) | ||||||
Net Assets — 100.0% | $ | 6,375,929,312 |
(a) | 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. |
(b) | All or a portion of this security is on loan. |
(c) | 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. |
(d) | Issuer filed for bankruptcy and/or is in default. |
(e) | Non-income producing security. |
(f) | Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect. |
(g) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
(h) | Affiliate of the Fund. |
(i) | Annualized 7-day yield as of period end. |
(j) | All or a portion of this security was purchased with the cash collateral from loaned securities. |
14
Schedule of Investments (unaudited) (continued) | iShares® 0-5 Year High Yield Corporate Bond ETF |
July 31, 2024 |
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the period ended July 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 Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation (Depreciation) | Value at 07/31/24 | Shares Held at 07/31/24 | Income | Capital Gain Distributions from Underlying Funds | |||||||||||||||||||||||||||
BlackRock Cash Funds: Institutional, SL Agency Shares | $ | 636,695,986 | $ 330,747,871 | (a) | $ | — | $ | (50,707 | ) | $ | 21,253 | $ | 967,414,403 | 967,027,592 | $ | 3,673,607 | (b) | $ | — | |||||||||||||||||
BlackRock Cash Funds: Treasury, SL Agency Shares | 31,090,000 | 9,840,000 | (a) | — | — | — | 40,930,000 | 40,930,000 | 1,417,170 | — | ||||||||||||||||||||||||||
$ | (50,707 | ) | $ | 21,253 | $ | 1,008,344,403 | $ | 5,090,777 | $ | — |
(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 | $ | — | $ | 6,233,991,801 | $ | — | $ | 6,233,991,801 | ||||||||
Common Stocks | — | 41,227 | — | 41,227 | ||||||||||||
Short-Term Securities | ||||||||||||||||
Money Market Funds | 1,008,344,403 | — | — | 1,008,344,403 | ||||||||||||
$ | 1,008,344,403 | $ | 6,234,033,028 | $ | — | $ | 7,242,377,431 |
Portfolio Abbreviation
NVS | Non-Voting Shares |
PIK | Payment-in-kind |
REIT | Real Estate Investment Trust |
15