UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number: 811-05742
Name of Fund: | BlackRock FundsSM |
iShares U.S. Intermediate Credit Bond Index Fund |
iShares U.S. Intermediate Government Bond Index Fund |
iShares U.S. Long Credit Bond Index Fund |
iShares U.S. Long Government Bond Index Fund |
iShares U.S. Securitized Bond Index Fund |
Fund Address: | 100 Bellevue Parkway, Wilmington, DE 19809 |
Name and address of agent for service: John M. Perlowski, Chief Executive Officer, BlackRock FundsSM, 50 Hudson Yards, New York, NY 10001
Registrant’s telephone number, including area code: (800) 441-7762
Date of fiscal year end: 10/31/2024
Date of reporting period: 04/30/2024
Item 1 – Report to Stockholders
(a) The Report to Shareholders is attached herewith.
![](https://capedge.com/proxy/N-CSRS/0001193125-24-174867/g730252img257fd1201.jpg)
2024 Semi-Annual Report (Unaudited) |
BlackRock FundsSM |
• iShares U.S. Intermediate Credit Bond Index Fund |
• iShares U.S. Intermediate Government Bond Index Fund |
• iShares U.S. Long Credit Bond Index Fund |
• iShares U.S. Long Government Bond Index Fund |
• iShares U.S. Securitized Bond Index Fund |
Not FDIC Insured • May Lose Value • No Bank Guarantee |
![](https://capedge.com/proxy/N-CSRS/0001193125-24-174867/g730252imgeadf56bc2.gif)
![](https://capedge.com/proxy/N-CSRS/0001193125-24-174867/g730252img78626c243.jpg)
President, BlackRock Advisors, LLC
Total Returns as of April 30, 2024 | ||
6-Month | 12-Month | |
U.S. large cap equities (S&P 500® Index) | 20.98% | 22.66% |
U.S. small cap equities (Russell 2000® Index) | 19.66 | 13.32 |
International equities (MSCI Europe, Australasia, Far East Index) | 18.63 | 9.28 |
Emerging market equities (MSCI Emerging Markets Index) | 15.40 | 9.88 |
3-month Treasury bills (ICE BofA 3-Month U.S. Treasury Bill Index) | 2.66 | 5.36 |
U.S. Treasury securities (ICE BofA 10-Year U.S. Treasury Index) | 3.66 | (6.40) |
U.S. investment grade bonds (Bloomberg U.S. Aggregate Bond Index) | 4.97 | (1.47) |
Tax-exempt municipal bonds (Bloomberg Municipal Bond Index) | 7.06 | 2.08 |
U.S. high yield bonds (Bloomberg U.S. Corporate High Yield 2% Issuer Capped Index) | 8.99 | 9.01 |
Past performance is not an indication of future results. Index performance is shown for illustrative purposes only. You cannot invest directly in an index. |
These views are not intended to be a forecast of future events and are no guarantee of future results.
Average Annual Total Returns(a) | |||
6-Month Total Returns | 1 Year | Since Inception(b) | |
Fund | 5.22 % | 2.48 % | 2.06 % |
Bloomberg U.S. Intermediate Credit Bond Index(c) | 5.12 | 2.40 | 1.97 |
(a) | Under normal circumstances, at least 90% of the value of the Fund’s assets, plus the amount of any borrowings for investment purposes, is invested in securities comprising the Bloomberg U.S. Intermediate Credit Bond Index, which, for the Fund, are considered bonds. |
(b) | The Fund commenced operations on May 20, 2022. |
(c) | An index that measures the investment grade, U.S. dollar-denominated, fixed-rate, taxable corporate and government-related bond markets with a maturity greater than 1 year and less than 10 years. It is composed of the U.S. Corporate Index and a non-corporate component that includes non-U.S. agencies, sovereigns, supranationals and local authorities constrained by maturity. |
Performance results may include adjustments made for financial reporting purposes in accordance with U.S. generally accepted accounting principles.
Actual | Hypothetical 5% Return | |||||
Beginning Account Value (11/01/23) | Ending Account Value (04/30/24) | Expenses Paid During the Period(a) | Beginning Account Value (11/01/23) | Ending Account Value (04/30/24) | Expenses Paid During the Period(a) | Annualized Expense Ratio |
$ 1,000.00 | $ 1,052.20 | $ 0.00 | $ 1,000.00 | $ 1,024.86 | $ 0.00 | 0.00 % |
(a) | Expenses are equal to the annualized expense ratio for the class, multiplied by the average account value over the period, multiplied by 182/366 (to reflect the one-half year period shown). |
PORTFOLIO COMPOSITION | |
Asset Type(a)(b) | Percent of Total Investments |
Corporate Bonds | 90.5 % |
Foreign Agency Obligations | 8.9 |
Other* | 0.6 |
(a) | Excludes short-term securities. |
(b) | For Fund compliance purposes, the Fund’s industry classifications refer to one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by the investment adviser. These definitions may not apply for purposes of this report, which may combine such industry sub-classifications for reporting ease. |
* | Includes one or more investment categories that individually represents less than 1.0% of the Fund’s total investments. Please refer to the Schedule of Investments for details. |
These views are not intended to be a forecast of future events and are no guarantee of future results.
Average Annual Total Returns(a) | |||
6-Month Total Returns | 1 Year | Since Inception(b) | |
Fund | 2.60 % | (0.22 )% | (0.07 )% |
Bloomberg U.S. Intermediate Government Bond Index(c) | 2.55 | (0.27 ) | (0.16 ) |
(a) | Under normal circumstances, at least 90% of the value of the Fund’s assets, plus the amount of any borrowings for investment purposes, is invested in securities comprising the Bloomberg U.S. Intermediate Government Bond Index, which, for the Fund, are considered bonds issued or guaranteed by the U.S. Government and its agencies or instrumentalities. |
(b) | The Fund commenced operations on May 20, 2022. |
(c) | An index that includes U.S. dollar-denominated, fixed-rate, nominal U.S. Treasuries and U.S. agency debentures (securities issued by U.S. government owned or government sponsored entities, and debt explicitly guaranteed by the U.S. government) with a maturity greater than 1 year and less than 10 years. |
Performance results may include adjustments made for financial reporting purposes in accordance with U.S. generally accepted accounting principles.
Actual | Hypothetical 5% Return | |||||
Beginning Account Value (11/01/23) | Ending Account Value (04/30/24) | Expenses Paid During the Period(a) | Beginning Account Value (11/01/23) | Ending Account Value (04/30/24) | Expenses Paid During the Period(a) | Annualized Expense Ratio |
$ 1,000.00 | $ 1,026.00 | $ 0.00 | $ 1,000.00 | $ 1,024.86 | $ 0.00 | 0.00 % |
(a) | Expenses are equal to the annualized expense ratio for the class, multiplied by the average account value over the period, multiplied by 182/366 (to reflect the one-half year period shown). |
PORTFOLIO COMPOSITION | |
Asset Type(a) | Percent of Total Investments |
U.S. Treasury Obligations | 98.1 % |
U.S. Government Sponsored Agency Securities | 1.8 |
Corporate Bonds | 0.1 |
(a) | Excludes short-term securities. |
These views are not intended to be a forecast of future events and are no guarantee of future results.
Average Annual Total Returns(a) | |||
6-Month Total Returns | 1 Year | Since Inception(b) | |
Fund | 11.02 % | (2.48 )% | (1.27 )% |
Bloomberg U.S. Long Credit Bond Index(c) | 10.94 | (2.60 ) | (1.32 ) |
(a) | Under normal circumstances, at least 90% of the value of the Fund’s assets, plus the amount of any borrowings for investment purposes, is invested in securities comprising the Bloomberg U.S. Long Credit Bond Index, which, for the Fund, are considered bonds. |
(b) | The Fund commenced operations on May 20, 2022. |
(c) | An index that measures the investment grade, U.S. dollar-denominated, fixed-rate, taxable corporate and government-related bond markets with a maturity greater than 10 years. It is composed of the U.S. Corporate Index and a non-corporate component that includes non-U.S. agencies, sovereigns, supranationals and local authorities constrained by maturity. |
Performance results may include adjustments made for financial reporting purposes in accordance with U.S. generally accepted accounting principles.
Actual | Hypothetical 5% Return | |||||
Beginning Account Value (11/01/23) | Ending Account Value (04/30/24) | Expenses Paid During the Period(a) | Beginning Account Value (11/01/23) | Ending Account Value (04/30/24) | Expenses Paid During the Period(a) | Annualized Expense Ratio |
$ 1,000.00 | $ 1,110.20 | $ 0.00 | $ 1,000.00 | $ 1,024.86 | $ 0.00 | 0.00 % |
(a) | Expenses are equal to the annualized expense ratio for the class, multiplied by the average account value over the period, multiplied by 182/366 (to reflect the one-half year period shown). |
PORTFOLIO COMPOSITION | |
Asset Type(a)(b) | Percent of Total Investments |
Corporate Bonds | 89.9 % |
Foreign Agency Obligations | 5.5 |
Municipal Bonds | 4.5 |
Capital Trust | 0.1 |
(a) | Excludes short-term securities. |
(b) | For Fund compliance purposes, the Fund’s industry classifications refer to one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by the investment adviser. These definitions may not apply for purposes of this report, which may combine such industry sub-classifications for reporting ease. |
These views are not intended to be a forecast of future events and are no guarantee of future results.
Average Annual Total Returns(a) | |||
6-Month Total Returns | 1 Year | Since Inception(b) | |
Fund | 7.71 % | (12.08 )% | (9.68 )% |
Bloomberg U.S. Long Government Bond Index(c) | 7.71 | (12.19 ) | (9.84 ) |
(a) | Under normal circumstances, at least 90% of the value of the Fund’s assets, plus the amount of any borrowings for investment purposes, is invested in securities comprising the Bloomberg U.S. Long Government Bond Index, which, for the Fund, are considered bonds issued or guaranteed by the U.S. Government and its agencies or instrumentalities. |
(b) | The Fund commenced operations on May 20, 2022. |
(c) | An index that includes U.S. dollar-denominated, fixed-rate, nominal U.S. Treasuries and U.S. agency debentures (securities issued by U.S. government owned or government sponsored entities, and debt explicitly guaranteed by the U.S. government) with a maturity greater than 10 years. |
Performance results may include adjustments made for financial reporting purposes in accordance with U.S. generally accepted accounting principles.
Actual | Hypothetical 5% Return | |||||
Beginning Account Value (11/01/23) | Ending Account Value (04/30/24) | Expenses Paid During the Period(a) | Beginning Account Value (11/01/23) | Ending Account Value (04/30/24) | Expenses Paid During the Period(a) | Annualized Expense Ratio |
$ 1,000.00 | $ 1,077.10 | $ 0.00 | $ 1,000.00 | $ 1,024.86 | $ 0.00 | 0.00 % |
(a) | Expenses are equal to the annualized expense ratio for the class, multiplied by the average account value over the period, multiplied by 182/366 (to reflect the one-half year period shown). |
PORTFOLIO COMPOSITION | |
Asset Type(a) | Percent of Total Investments |
U.S. Treasury Obligations | 99.0 % |
U.S. Government Sponsored Agency Securities | 1.0 |
(a) | Excludes short-term securities. |
These views are not intended to be a forecast of future events and are no guarantee of future results.
Average Annual Total Returns(a) | |||
6-Month Total Returns | 1 Year | Since Inception(b) | |
Fund | 5.11 % | (1.93 )% | (1.82 )% |
Bloomberg U.S. Securitized: MBS, ABS, and CMBS Index(c) | 5.28 | (1.88 ) | (1.81 ) |
(a) | Under normal circumstances, at least 90% of the value of the Fund’s assets, plus the amount of any borrowings for investment purposes, is invested in securities comprising the Bloomberg U.S. Securitized: MBS, ABS, and CMBS Index, which, for the Fund, are considered bonds. |
(b) | The Fund commenced operations on May 20, 2022. |
(c) | An index that measures the performance of residential mortgage backed securities issued by Government Sponsored Enterprises, asset backed securities and commercial mortgage backed securities. |
Performance results may include adjustments made for financial reporting purposes in accordance with U.S. generally accepted accounting principles.
Actual | Hypothetical 5% Return | |||||
Beginning Account Value (11/01/23) | Ending Account Value (04/30/24) | Expenses Paid During the Period(a) | Beginning Account Value (11/01/23) | Ending Account Value (04/30/24) | Expenses Paid During the Period(a) | Annualized Expense Ratio |
$ 1,000.00 | $ 1,051.10 | $ 0.00 | $ 1,000.00 | $ 1,024.86 | $ 0.00 | 0.00 % |
(a) | Expenses are equal to the annualized expense ratio for the class, multiplied by the average account value over the period, multiplied by 182/366 (to reflect the one-half year period shown). |
PORTFOLIO COMPOSITION | |
Asset Type(a)(b) | Percent of Total Investments |
U.S. Government Sponsored Agency Securities | 95.5 % |
Non-Agency Mortgage-Backed Securities | 2.8 |
Asset-Backed Securities | 1.7 |
(a) | Excludes short-term securities. |
(b) | For Fund compliance purposes, the Fund’s industry classifications refer to one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by the investment adviser. These definitions may not apply for purposes of this report, which may combine such industry sub-classifications for reporting ease. |
Security | Par (000) | Value | |
Corporate Bonds | |||
Aerospace & Defense — 1.6% | |||
Boeing Co. | |||
4.88%, 05/01/25 | $ | 1,659 | $ 1,638,396 |
2.75%, 02/01/26 | 829 | 781,054 | |
2.20%, 02/04/26 | 3,441 | 3,209,680 | |
3.10%, 05/01/26 | 829 | 780,923 | |
2.25%, 06/15/26 | 250 | 230,038 | |
2.70%, 02/01/27 | 550 | 501,281 | |
2.80%, 03/01/27 | 129 | 117,557 | |
5.04%, 05/01/27 | 1,159 | 1,124,646 | |
6.26%, 05/01/27(a) | 775 | 777,454 | |
3.25%, 02/01/28 | 1,088 | 983,454 | |
3.20%, 03/01/29 | 625 | 546,335 | |
6.30%, 05/01/29(a) | 590 | 592,344 | |
2.95%, 02/01/30 | 470 | 394,936 | |
5.15%, 05/01/30 | 2,815 | 2,662,400 | |
3.63%, 02/01/31 | 875 | 751,849 | |
6.39%, 05/01/31(a) | 245 | 246,101 | |
6.13%, 02/15/33 | 200 | 195,639 | |
6.53%, 05/01/34(a) | 240 | 241,728 | |
GE Capital Funding LLC, 4.55%, 05/15/32(b) | 250 | 235,334 | |
General Dynamics Corp. | |||
3.50%, 05/15/25 | 829 | 813,940 | |
1.15%, 06/01/26 | 362 | 332,247 | |
2.13%, 08/15/26 | 413 | 385,038 | |
3.50%, 04/01/27 | 500 | 477,267 | |
2.63%, 11/15/27(b) | 350 | 320,724 | |
3.75%, 05/15/28 | 787 | 748,651 | |
3.63%, 04/01/30 | 788 | 723,371 | |
2.25%, 06/01/31 | 279 | 230,611 | |
General Electric Co., 6.75%, 03/15/32 | 1,017 | 1,098,544 | |
HEICO Corp. | |||
5.25%, 08/01/28 | 276 | 273,064 | |
5.35%, 08/01/33 | 230 | 225,877 | |
Howmet Aerospace, Inc. | |||
5.90%, 02/01/27 | 287 | 288,177 | |
3.00%, 01/15/29 | 322 | 285,577 | |
Huntington Ingalls Industries, Inc. | |||
3.48%, 12/01/27 | 350 | 324,962 | |
2.04%, 08/16/28 | 329 | 283,653 | |
4.20%, 05/01/30 | 450 | 413,325 | |
L3Harris Technologies, Inc. | |||
3.85%, 12/15/26 | 398 | 381,772 | |
5.40%, 01/15/27 | 930 | 928,350 | |
4.40%, 06/15/28 | 1,163 | 1,114,296 | |
5.05%, 06/01/29 | 245 | 239,563 | |
2.90%, 12/15/29 | 579 | 504,928 | |
1.80%, 01/15/31(b) | 762 | 602,509 | |
5.25%, 06/01/31 | 210 | 204,654 | |
5.40%, 07/31/33 | 1,116 | 1,087,070 | |
5.35%, 06/01/34 | 175 | 169,103 | |
Lockheed Martin Corp. | |||
4.95%, 10/15/25 | 318 | 316,541 | |
3.55%, 01/15/26 | 931 | 904,551 | |
5.10%, 11/15/27 | 420 | 419,740 | |
4.45%, 05/15/28(b) | 394 | 383,479 | |
4.50%, 02/15/29 | 240 | 233,407 | |
1.85%, 06/15/30 | 316 | 260,178 | |
3.90%, 06/15/32 | 632 | 576,763 | |
5.25%, 01/15/33 | 800 | 798,271 |
Security | Par (000) | Value | |
Aerospace & Defense (continued) | |||
Lockheed Martin Corp. (continued) | |||
4.75%, 02/15/34 | $ | 500 | $ 477,663 |
Northrop Grumman Corp. | |||
3.20%, 02/01/27 | 400 | 379,571 | |
3.25%, 01/15/28 | 1,555 | 1,447,720 | |
4.60%, 02/01/29(b) | 325 | 315,237 | |
4.40%, 05/01/30 | 829 | 788,904 | |
4.70%, 03/15/33 | 778 | 737,219 | |
RTX Corp. | |||
3.95%, 08/16/25 | 829 | 812,732 | |
5.00%, 02/27/26 | 215 | 213,261 | |
2.65%, 11/01/26(b) | 500 | 468,473 | |
5.75%, 11/08/26 | 1,022 | 1,029,325 | |
3.50%, 03/15/27 | 829 | 789,339 | |
3.13%, 05/04/27 | 899 | 842,747 | |
4.13%, 11/16/28 | 1,989 | 1,890,088 | |
5.75%, 01/15/29 | 410 | 416,463 | |
2.25%, 07/01/30 | 419 | 349,384 | |
6.00%, 03/15/31 | 1,000 | 1,025,208 | |
1.90%, 09/01/31 | 829 | 650,136 | |
2.38%, 03/15/32 | 405 | 324,125 | |
5.15%, 02/27/33 | 820 | 795,700 | |
6.10%, 03/15/34 | 1,227 | 1,268,362 | |
Textron, Inc. | |||
4.00%, 03/15/26 | 262 | 254,328 | |
3.65%, 03/15/27 | 262 | 248,459 | |
3.00%, 06/01/30 | 829 | 714,537 | |
2.45%, 03/15/31 | 177 | 145,238 | |
6.10%, 11/15/33 | 110 | 111,672 | |
48,857,243 | |||
Air Freight & Logistics — 0.1% | |||
GXO Logistics, Inc. | |||
1.65%, 07/15/26 | 129 | 117,705 | |
05/06/29(c) | 200 | 200,228 | |
2.65%, 07/15/31 | 413 | 327,590 | |
05/06/34(c) | 200 | 199,534 | |
JB Hunt Transport Services, Inc., 3.88%, 03/01/26 | 829 | 805,242 | |
1,650,299 | |||
Automobile Components — 0.1% | |||
Aptiv PLC/Aptiv Corp., 3.25%, 03/01/32(b) | 488 | 412,415 | |
BorgWarner, Inc., 2.65%, 07/01/27 | 749 | 685,480 | |
Lear Corp. | |||
3.80%, 09/15/27 | 350 | 331,386 | |
4.25%, 05/15/29 | 129 | 121,040 | |
3.50%, 05/30/30 | 254 | 224,066 | |
2.60%, 01/15/32 | 329 | 262,426 | |
Magna International, Inc. | |||
4.15%, 10/01/25 | 400 | 392,181 | |
5.98%, 03/21/26(b) | 200 | 200,017 | |
5.05%, 03/14/29 | 180 | 176,225 | |
2.45%, 06/15/30 | 455 | 383,478 | |
5.50%, 03/21/33(b) | 400 | 399,437 | |
3,588,151 | |||
Automobiles — 2.9% | |||
American Honda Finance Corp. | |||
5.00%, 05/23/25(b) | 250 | 248,656 | |
1.20%, 07/08/25 | 450 | 427,700 | |
1.00%, 09/10/25 | 450 | 423,640 | |
5.80%, 10/03/25 | 552 | 553,688 | |
4.95%, 01/09/26 | 350 | 347,255 |
Security | Par (000) | Value | |
Automobiles (continued) | |||
American Honda Finance Corp. (continued) | |||
4.75%, 01/12/26(b) | $ | 340 | $ 336,339 |
5.25%, 07/07/26 | 550 | 548,832 | |
1.30%, 09/09/26 | 329 | 299,600 | |
2.30%, 09/09/26 | 252 | 235,182 | |
2.35%, 01/08/27 | 413 | 382,534 | |
4.90%, 03/12/27 | 275 | 272,275 | |
4.70%, 01/12/28 | 100 | 98,170 | |
3.50%, 02/15/28 | 252 | 236,723 | |
2.00%, 03/24/28 | 447 | 395,926 | |
5.13%, 07/07/28 | 400 | 397,311 | |
5.65%, 11/15/28 | 750 | 760,228 | |
2.25%, 01/12/29 | 413 | 361,524 | |
4.90%, 03/13/29(b) | 275 | 269,677 | |
4.60%, 04/17/30(b) | 320 | 307,634 | |
5.85%, 10/04/30 | 250 | 255,981 | |
1.80%, 01/13/31(b) | 300 | 241,757 | |
4.90%, 01/10/34 | 511 | 486,718 | |
AutoNation, Inc. | |||
1.95%, 08/01/28 | 136 | 115,843 | |
4.75%, 06/01/30 | 179 | 167,818 | |
2.40%, 08/01/31(b) | 362 | 283,844 | |
3.85%, 03/01/32(b) | 400 | 345,907 | |
AutoZone, Inc. | |||
3.13%, 04/21/26 | 274 | 261,953 | |
5.05%, 07/15/26 | 460 | 456,643 | |
3.75%, 06/01/27 | 400 | 381,561 | |
4.50%, 02/01/28 | 340 | 328,963 | |
6.25%, 11/01/28 | 200 | 206,108 | |
3.75%, 04/18/29(b) | 179 | 165,828 | |
4.00%, 04/15/30(b) | 560 | 518,066 | |
1.65%, 01/15/31 | 300 | 235,729 | |
4.75%, 08/01/32 | 560 | 528,385 | |
4.75%, 02/01/33 | 350 | 328,392 | |
5.20%, 08/01/33(b) | 160 | 155,281 | |
6.55%, 11/01/33(b) | 200 | 212,301 | |
Cummins, Inc. | |||
0.75%, 09/01/25(b) | 413 | 388,643 | |
4.90%, 02/20/29 | 362 | 357,690 | |
1.50%, 09/01/30 | 616 | 492,637 | |
5.15%, 02/20/34 | 543 | 533,083 | |
Ford Motor Co. | |||
4.35%, 12/08/26(b) | 794 | 766,403 | |
7.45%, 07/16/31 | 600 | 635,817 | |
3.25%, 02/12/32 | 1,300 | 1,047,061 | |
6.10%, 08/19/32 | 1,100 | 1,079,015 | |
Ford Motor Credit Co. LLC | |||
5.13%, 06/16/25 | 2,200 | 2,176,759 | |
4.13%, 08/04/25 | 800 | 780,249 | |
3.38%, 11/13/25 | 1,200 | 1,152,016 | |
4.39%, 01/08/26 | 700 | 680,153 | |
6.95%, 03/06/26 | 600 | 608,119 | |
6.95%, 06/10/26 | 200 | 203,039 | |
4.54%, 08/01/26(b) | 200 | 193,452 | |
2.70%, 08/10/26 | 400 | 371,387 | |
4.27%, 01/09/27 | 600 | 572,042 | |
5.80%, 03/05/27 | 985 | 978,473 | |
4.95%, 05/28/27 | 400 | 386,421 | |
4.13%, 08/17/27 | 400 | 375,695 | |
7.35%, 11/04/27 | 2,900 | 2,999,622 | |
2.90%, 02/16/28 | 400 | 355,838 | |
6.80%, 05/12/28 | 600 | 612,271 | |
6.80%, 11/07/28 | 1,560 | 1,594,938 |
Security | Par (000) | Value | |
Automobiles (continued) | |||
Ford Motor Credit Co. LLC (continued) | |||
5.80%, 03/08/29 | $ | 1,000 | $ 982,711 |
5.11%, 05/03/29 | 2,000 | 1,905,661 | |
7.35%, 03/06/30 | 600 | 625,048 | |
7.20%, 06/10/30 | 200 | 207,222 | |
4.00%, 11/13/30 | 1,600 | 1,394,376 | |
6.05%, 03/05/31 | 400 | 393,421 | |
3.63%, 06/17/31 | 600 | 506,708 | |
7.12%, 11/07/33 | 945 | 983,298 | |
6.13%, 03/08/34 | 400 | 388,799 | |
General Motors Co. | |||
6.13%, 10/01/25 | 1,106 | 1,109,720 | |
4.20%, 10/01/27 | 829 | 791,104 | |
6.80%, 10/01/27 | 496 | 512,211 | |
5.00%, 10/01/28 | 440 | 429,733 | |
5.40%, 10/15/29 | 665 | 654,213 | |
5.60%, 10/15/32(b) | 650 | 638,776 | |
General Motors Financial Co., Inc. | |||
2.75%, 06/20/25 | 811 | 783,324 | |
4.30%, 07/13/25 | 829 | 813,753 | |
6.05%, 10/10/25 | 500 | 501,165 | |
1.25%, 01/08/26 | 900 | 836,239 | |
5.25%, 03/01/26 | 796 | 789,286 | |
5.40%, 04/06/26 | 860 | 854,612 | |
1.50%, 06/10/26 | 829 | 760,300 | |
4.00%, 10/06/26 | 440 | 423,107 | |
4.35%, 01/17/27 | 735 | 711,026 | |
2.35%, 02/26/27 | 829 | 757,712 | |
5.00%, 04/09/27 | 800 | 786,176 | |
5.40%, 05/08/27(b) | 764 | 758,680 | |
2.70%, 08/20/27 | 829 | 755,647 | |
6.00%, 01/09/28 | 588 | 593,683 | |
2.40%, 04/10/28 | 416 | 368,013 | |
5.80%, 06/23/28 | 765 | 766,580 | |
2.40%, 10/15/28 | 802 | 697,169 | |
5.80%, 01/07/29 | 1,032 | 1,029,506 | |
5.65%, 01/17/29 | 163 | 161,456 | |
4.30%, 04/06/29 | 650 | 609,291 | |
5.55%, 07/15/29 | 575 | 565,902 | |
5.85%, 04/06/30(b) | 765 | 762,488 | |
3.60%, 06/21/30 | 457 | 402,317 | |
2.35%, 01/08/31 | 550 | 442,044 | |
5.75%, 02/08/31 | 636 | 628,398 | |
2.70%, 06/10/31 | 588 | 476,463 | |
3.10%, 01/12/32 | 734 | 605,276 | |
6.40%, 01/09/33(b) | 450 | 458,594 | |
6.10%, 01/07/34 | 868 | 862,320 | |
5.95%, 04/04/34 | 820 | 802,053 | |
Genuine Parts Co. | |||
6.50%, 11/01/28 | 200 | 207,695 | |
1.88%, 11/01/30 | 200 | 158,834 | |
2.75%, 02/01/32(b) | 250 | 203,355 | |
6.88%, 11/01/33 | 200 | 214,669 | |
Honda Motor Co. Ltd. | |||
2.53%, 03/10/27 | 450 | 417,609 | |
2.97%, 03/10/32(b) | 637 | 547,995 | |
Mercedes-Benz Finance North America LLC, 8.50%, 01/18/31 | 996 | 1,178,967 | |
O’Reilly Automotive, Inc. | |||
3.55%, 03/15/26 | 274 | 264,330 | |
5.75%, 11/20/26 | 675 | 679,161 | |
3.60%, 09/01/27 | 300 | 283,263 | |
4.35%, 06/01/28 | 179 | 172,761 |
Security | Par (000) | Value | |
Automobiles (continued) | |||
O’Reilly Automotive, Inc. (continued) | |||
3.90%, 06/01/29 | $ | 179 | $ 167,133 |
4.20%, 04/01/30 | 250 | 233,663 | |
1.75%, 03/15/31 | 362 | 285,947 | |
4.70%, 06/15/32 | 400 | 377,731 | |
PACCAR Financial Corp. | |||
3.55%, 08/11/25(b) | 200 | 195,526 | |
4.95%, 10/03/25 | 235 | 233,555 | |
4.45%, 03/30/26 | 395 | 390,007 | |
1.10%, 05/11/26 | 530 | 488,357 | |
5.05%, 08/10/26 | 300 | 299,043 | |
5.20%, 11/09/26(b) | 375 | 374,597 | |
2.00%, 02/04/27 | 225 | 206,872 | |
4.60%, 01/10/28 | 200 | 196,165 | |
4.60%, 01/31/29(b) | 225 | 219,534 | |
5.00%, 03/22/34 | 175 | 170,060 | |
Toyota Motor Corp. | |||
1.34%, 03/25/26(b) | 413 | 383,880 | |
5.28%, 07/13/26 | 160 | 159,902 | |
5.12%, 07/13/28 | 200 | 199,894 | |
3.67%, 07/20/28(b) | 278 | 264,549 | |
2.76%, 07/02/29 | 120 | 108,225 | |
2.36%, 03/25/31 | 413 | 349,418 | |
5.12%, 07/13/33 | 175 | 178,357 | |
Toyota Motor Credit Corp. | |||
3.95%, 06/30/25 | 565 | 555,501 | |
3.65%, 08/18/25 | 450 | 439,921 | |
5.60%, 09/11/25 | 150 | 150,444 | |
0.80%, 10/16/25 | 900 | 843,247 | |
5.40%, 11/10/25 | 400 | 400,266 | |
4.80%, 01/05/26 | 683 | 676,983 | |
0.80%, 01/09/26 | 450 | 417,108 | |
4.45%, 05/18/26 | 880 | 865,495 | |
1.13%, 06/18/26 | 390 | 356,941 | |
5.00%, 08/14/26 | 400 | 397,461 | |
5.40%, 11/20/26 | 300 | 300,552 | |
3.20%, 01/11/27 | 500 | 473,855 | |
1.90%, 01/13/27 | 829 | 758,382 | |
5.00%, 03/19/27 | 325 | 322,384 | |
3.05%, 03/22/27 | 829 | 780,390 | |
1.15%, 08/13/27(b) | 350 | 307,545 | |
4.55%, 09/20/27 | 500 | 488,696 | |
5.45%, 11/10/27(b) | 450 | 453,016 | |
3.05%, 01/11/28 | 278 | 258,231 | |
4.63%, 01/12/28(b) | 600 | 588,992 | |
1.90%, 04/06/28 | 311 | 274,989 | |
5.25%, 09/11/28 | 950 | 950,525 | |
4.65%, 01/05/29 | 607 | 592,887 | |
3.65%, 01/08/29 | 179 | 167,218 | |
4.45%, 06/29/29 | 606 | 585,309 | |
2.15%, 02/13/30 | 413 | 348,837 | |
3.38%, 04/01/30 | 829 | 749,262 | |
4.55%, 05/17/30 | 380 | 365,156 | |
5.55%, 11/20/30 | 614 | 620,129 | |
1.65%, 01/10/31 | 306 | 243,170 | |
5.10%, 03/21/31 | 325 | 320,158 | |
1.90%, 09/12/31 | 579 | 459,448 |
Security | Par (000) | Value | |
Automobiles (continued) | |||
Toyota Motor Credit Corp. (continued) | |||
4.70%, 01/12/33 | $ | 278 | $ 265,420 |
4.80%, 01/05/34(b) | 479 | 455,206 | |
89,250,554 | |||
Banks — 28.2% | |||
African Development Bank | |||
4.63%, 01/04/27 | 2,100 | 2,078,506 | |
4.38%, 03/14/28 | 1,600 | 1,568,460 | |
Asian Development Bank | |||
3.75%, 04/25/28 | 1,500 | 1,438,010 | |
4.50%, 08/25/28 | 2,000 | 1,972,014 | |
4.00%, 01/12/33 | 1,700 | 1,598,920 | |
3.88%, 06/14/33 | 1,500 | 1,393,914 | |
4.13%, 01/12/34(b) | 1,300 | 1,228,363 | |
Asian Infrastructure Investment Bank | |||
3.38%, 06/29/25 | 1,500 | 1,464,120 | |
4.88%, 09/14/26 | 1,200 | 1,195,380 | |
4.13%, 01/18/29 | 2,000 | 1,935,810 | |
Australia & New Zealand Banking Group Ltd./New York | |||
5.38%, 07/03/25 | 435 | 434,306 | |
5.67%, 10/03/25 | 750 | 752,619 | |
3.70%, 11/16/25 | 450 | 438,786 | |
5.09%, 12/08/25 | 750 | 746,131 | |
5.00%, 03/18/26 | 1,000 | 993,035 | |
4.75%, 01/18/27 | 1,000 | 986,891 | |
Banco Bilbao Vizcaya Argentaria SA | |||
1.13%, 09/18/25 | 600 | 562,380 | |
5.38%, 03/13/29 | 600 | 593,819 | |
(1-year CMT + 1.95%), 6.03%, 03/13/35(d) | 600 | 587,171 | |
(1-year CMT + 2.30%), 5.86%, 09/14/26(d) | 400 | 398,846 | |
(1-year CMT + 2.70%), 6.14%, 09/14/28(d) | 400 | 404,309 | |
(1-year CMT + 3.30%), 7.88%, 11/15/34(d) | 400 | 428,494 | |
Banco Santander SA | |||
2.75%, 05/28/25 | 600 | 580,984 | |
5.15%, 08/18/25 | 1,000 | 988,027 | |
5.18%, 11/19/25 | 800 | 788,922 | |
1.85%, 03/25/26 | 1,600 | 1,484,714 | |
4.25%, 04/11/27 | 1,000 | 958,029 | |
5.29%, 08/18/27 | 1,000 | 984,234 | |
3.80%, 02/23/28 | 400 | 372,305 | |
4.38%, 04/12/28 | 800 | 757,563 | |
5.59%, 08/08/28 | 800 | 795,378 | |
6.61%, 11/07/28 | 1,000 | 1,037,364 | |
3.31%, 06/27/29 | 600 | 537,657 | |
3.49%, 05/28/30 | 600 | 526,953 | |
2.75%, 12/03/30 | 800 | 650,959 | |
2.96%, 03/25/31(b) | 400 | 335,006 | |
6.92%, 08/08/33 | 1,200 | 1,219,652 | |
6.94%, 11/07/33 | 800 | 855,943 | |
6.35%, 03/14/34 | 800 | 780,292 | |
(1-year CMT + 0.90%), 1.72%, 09/14/27(d) | 800 | 724,100 | |
(1-year CMT + 1.25%), 5.55%, 03/14/28(d) | 400 | 395,091 | |
(1-year CMT + 1.45%), 5.54%, 03/14/30(d) | 800 | 784,094 | |
(1-year CMT + 1.60%), 3.23%, 11/22/32(d) | 600 | 485,007 | |
(1-year CMT + 1.65%), 6.53%, 11/07/27(d) | 400 | 406,452 | |
(1-year CMT + 2.00%), 4.18%, 03/24/28(d) | 800 | 761,127 | |
Bank of America Corp. | |||
3.95%, 04/21/25 | — | — |
Security | Par (000) | Value | |
Banks (continued) | |||
Bank of America Corp. (continued) | |||
3.88%, 08/01/25 | $ | 716 | $ 701,546 |
4.45%, 03/03/26 | 1,111 | 1,088,279 | |
3.50%, 04/19/26 | 1,484 | 1,431,041 | |
4.25%, 10/22/26 | 1,069 | 1,035,055 | |
3.25%, 10/21/27 | 1,139 | 1,065,994 | |
4.18%, 11/25/27 | 829 | 793,241 | |
(1-day SOFR + 0.91%), 1.66%, 03/11/27(d) | 2,409 | 2,235,191 | |
(1-day SOFR + 0.96%), 1.73%, 07/22/27(d) | 3,468 | 3,181,674 | |
(1-day SOFR + 1.01%), 1.20%, 10/24/26(d) | 911 | 851,031 | |
(1-day SOFR + 1.05%), 2.55%, 02/04/28(d) | 908 | 836,319 | |
(1-day SOFR + 1.06%), 2.09%, 06/14/29(d) | 1,659 | 1,443,343 | |
(1-day SOFR + 1.15%), 1.32%, 06/19/26(d) | 1,409 | 1,338,967 | |
(1-day SOFR + 1.21%), 2.57%, 10/20/32(d) | 1,828 | 1,474,672 | |
(1-day SOFR + 1.22%), 2.65%, 03/11/32(d) | 1,409 | 1,161,804 | |
(1-day SOFR + 1.22%), 2.30%, 07/21/32(d) | 2,550 | 2,031,364 | |
(1-day SOFR + 1.29%), 5.08%, 01/20/27(d) | 1,600 | 1,583,035 | |
(1-day SOFR + 1.32%), 2.69%, 04/22/32(d) | 2,867 | 2,362,223 | |
(1-day SOFR + 1.33%), 2.97%, 02/04/33(d) | 2,468 | 2,037,476 | |
(1-day SOFR + 1.34%), 5.93%, 09/15/27(d) | 956 | 960,447 | |
(1-day SOFR + 1.37%), 1.92%, 10/24/31(d) | 1,409 | 1,120,350 | |
(1-day SOFR + 1.53%), 1.90%, 07/23/31(d) | 1,409 | 1,127,584 | |
(1-day SOFR + 1.57%), 5.82%, 09/15/29(d) | 2,032 | 2,043,956 | |
(1-day SOFR + 1.58%), 4.38%, 04/27/28(d) | 1,000 | 966,543 | |
(1-day SOFR + 1.63%), 5.20%, 04/25/29(d) | 2,240 | 2,205,332 | |
(1-day SOFR + 1.65%), 5.47%, 01/23/35(b)(d) | 3,079 | 2,994,228 | |
(1-day SOFR + 1.75%), 4.83%, 07/22/26(d) | 1,240 | 1,224,125 | |
(1-day SOFR + 1.83%), 4.57%, 04/27/33(d) | 2,607 | 2,403,130 | |
(1-day SOFR + 1.84%), 5.87%, 09/15/34(d) | 2,300 | 2,304,183 | |
(1-day SOFR + 1.91%), 5.29%, 04/25/34(d) | 3,180 | 3,063,083 | |
(1-day SOFR + 1.99%), 6.20%, 11/10/28(d) | 1,275 | 1,301,663 | |
(1-day SOFR + 2.04%), 4.95%, 07/22/28(d) | 2,055 | 2,015,927 | |
(1-day SOFR + 2.15%), 2.59%, 04/29/31(d) | 2,000 | 1,681,960 | |
(1-day SOFR + 2.16%), 5.02%, 07/22/33(d) | 3,694 | 3,526,563 | |
(3-mo. CME Term SOFR + 1.25%), 2.50%, 02/13/31(d) | 1,953 | 1,643,619 | |
(3-mo. CME Term SOFR + 1.30%), 3.42%, 12/20/28(d) | 4,051 | 3,754,833 | |
(3-mo. CME Term SOFR + 1.32%), 3.56%, 04/23/27(d) | 1,879 | 1,802,893 | |
(3-mo. CME Term SOFR + 1.33%), 3.97%, 03/05/29(d) | 2,643 | 2,488,164 | |
(3-mo. CME Term SOFR + 1.44%), 3.19%, 07/23/30(d) | 1,214 | 1,078,800 | |
(3-mo. CME Term SOFR + 1.45%), 2.88%, 10/22/30(d) | 829 | 720,535 | |
(3-mo. CME Term SOFR + 1.47%), 3.97%, 02/07/30(d) | 1,249 | 1,160,929 | |
(3-mo. CME Term SOFR + 1.57%), 4.27%, 07/23/29(d) | 2,217 | 2,102,883 | |
(3-mo. CME Term SOFR + 1.63%), 3.59%, 07/21/28(d) | 1,613 | 1,516,178 | |
(3-mo. CME Term SOFR + 1.77%), 3.71%, 04/24/28(d) | 1,829 | 1,731,912 | |
(3-mo. CME Term SOFR + 1.84%), 3.82%, 01/20/28(d) | 1,659 | 1,583,495 | |
(5-year CMT + 1.20%), 2.48%, 09/21/36(d) | 829 | 647,994 | |
(5-year CMT + 2.00%), 3.85%, 03/08/37(d) | 1,400 | 1,205,730 | |
Bank of America N.A. | |||
5.65%, 08/18/25 | 750 | 751,172 | |
5.53%, 08/18/26 | 1,200 | 1,202,963 | |
Bank of Montreal | |||
1.85%, 05/01/25 | 1,000 | 963,961 |
Security | Par (000) | Value | |
Banks (continued) | |||
Bank of Montreal (continued) | |||
3.70%, 06/07/25 | $ | 700 | $ 685,563 |
5.92%, 09/25/25 | 704 | 707,355 | |
5.30%, 06/05/26 | 800 | 796,579 | |
1.25%, 09/15/26 | 761 | 690,003 | |
5.27%, 12/11/26 | 674 | 670,167 | |
2.65%, 03/08/27 | 637 | 590,538 | |
4.70%, 09/14/27 | 700 | 684,243 | |
5.20%, 02/01/28 | 900 | 894,072 | |
5.72%, 09/25/28 | 500 | 505,593 | |
(1-day SOFR + 0.60%), 0.95%, 01/22/27(d) | 500 | 462,509 | |
(5-year CMT + 1.40%), 3.09%, 01/10/37(d) | 659 | 523,799 | |
(5-year USD Swap + 1.43%), 3.80%, 12/15/32(d) | 733 | 678,569 | |
Bank of New York Mellon, (1-day SOFR + 1.07%), 5.15%, 05/22/26(d) | 250 | 248,553 | |
Bank of New York Mellon Corp. | |||
0.75%, 01/28/26 | 526 | 485,367 | |
2.80%, 05/04/26 | 563 | 536,023 | |
2.45%, 08/17/26 | 500 | 469,172 | |
1.05%, 10/15/26 | 829 | 748,664 | |
2.05%, 01/26/27 | 829 | 762,775 | |
3.25%, 05/16/27 | 620 | 585,537 | |
3.40%, 01/29/28 | 563 | 527,339 | |
3.85%, 04/28/28 | 343 | 327,208 | |
1.65%, 07/14/28 | 225 | 195,241 | |
3.00%, 10/30/28(b) | 375 | 339,209 | |
3.85%, 04/26/29 | 572 | 537,652 | |
3.30%, 08/23/29 | 829 | 745,083 | |
1.65%, 01/28/31(b) | 375 | 299,655 | |
1.80%, 07/28/31 | 329 | 258,691 | |
2.50%, 01/26/32(b) | 413 | 338,834 | |
(1-day SOFR + 1.03%), 4.95%, 04/26/27(d) | 840 | 831,311 | |
(1-day SOFR + 1.09%), 4.98%, 03/14/30(d) | 800 | 783,276 | |
(1-day SOFR + 1.15%), 3.99%, 06/13/28(d) | 100 | 96,011 | |
(1-day SOFR + 1.17%), 4.54%, 02/01/29(d) | 300 | 290,969 | |
(1-day SOFR + 1.35%), 4.41%, 07/24/26(d) | 1,155 | 1,137,860 | |
(1-day SOFR + 1.42%), 4.29%, 06/13/33(d) | 500 | 458,802 | |
(1-day SOFR + 1.42%), 5.19%, 03/14/35(d) | 800 | 769,381 | |
(1-day SOFR + 1.51%), 4.71%, 02/01/34(d) | 300 | 281,450 | |
(1-day SOFR + 1.60%), 6.32%, 10/25/29(d) | 1,375 | 1,420,960 | |
(1-day SOFR + 1.61%), 4.97%, 04/26/34(d) | 440 | 420,001 | |
(1-day SOFR + 1.85%), 6.47%, 10/25/34(d) | 825 | 870,885 | |
(1-day SOFR Index + 1.80%), 5.80%, 10/25/28(d) | 590 | 597,958 | |
(1-day SOFR Index + 2.07%), 5.83%, 10/25/33(d) | 770 | 782,584 | |
(3-mo. CME Term SOFR + 1.33%), 3.44%, 02/07/28(d) | 409 | 388,453 | |
Bank of Nova Scotia | |||
5.45%, 06/12/25 | 260 | 259,431 | |
4.50%, 12/16/25 | 665 | 650,250 | |
4.75%, 02/02/26 | 1,900 | 1,874,401 | |
1.05%, 03/02/26 | 606 | 558,850 | |
1.35%, 06/24/26 | 259 | 237,558 | |
2.70%, 08/03/26 | 797 | 749,351 | |
1.30%, 09/15/26 | 1,160 | 1,052,266 | |
5.35%, 12/07/26 | 732 | 728,379 | |
1.95%, 02/02/27 | 829 | 756,631 | |
2.95%, 03/11/27 | 372 | 347,766 | |
5.25%, 06/12/28 | 1,060 | 1,051,737 | |
4.85%, 02/01/30 | 600 | 581,025 | |
2.15%, 08/01/31 | 329 | 263,685 | |
2.45%, 02/02/32 | 829 | 665,852 | |
5.65%, 02/01/34 | 550 | 547,126 | |
(5-year CMT + 2.05%), 4.59%, 05/04/37(d) | 664 | 586,150 |
Security | Par (000) | Value | |
Banks (continued) | |||
Barclays PLC | |||
4.38%, 01/12/26 | $ | 1,310 | $ 1,277,510 |
5.20%, 05/12/26 | 1,178 | 1,155,903 | |
4.34%, 01/10/28 | 700 | 665,539 | |
4.84%, 05/09/28 | 1,178 | 1,124,597 | |
(1-day SOFR + 1.49%), 5.67%, 03/12/28(b)(d) | 800 | 794,379 | |
(1-day SOFR + 1.74%), 5.69%, 03/12/30(d) | 1,200 | 1,184,107 | |
(1-day SOFR + 1.88%), 6.50%, 09/13/27(d) | 800 | 809,593 | |
(1-day SOFR + 2.21%), 5.83%, 05/09/27(d) | 1,200 | 1,195,812 | |
(1-day SOFR + 2.22%), 6.49%, 09/13/29(d) | 650 | 664,192 | |
(1-day SOFR + 2.62%), 6.69%, 09/13/34(d) | 800 | 828,329 | |
(1-day SOFR + 2.71%), 2.85%, 05/07/26(d) | 1,000 | 968,853 | |
(1-day SOFR + 2.98%), 6.22%, 05/09/34(d) | 1,300 | 1,303,477 | |
(1-day SOFR + 3.57%), 7.12%, 06/27/34(b)(d) | 900 | 928,006 | |
(1-year CMT + 1.05%), 2.28%, 11/24/27(d) | 878 | 801,631 | |
(1-year CMT + 1.20%), 2.67%, 03/10/32(d) | 1,310 | 1,061,852 | |
(1-year CMT + 1.30%), 2.89%, 11/24/32(d) | 500 | 405,324 | |
(1-year CMT + 1.90%), 2.65%, 06/24/31(d) | 500 | 413,277 | |
(1-year CMT + 2.30%), 5.30%, 08/09/26(d) | 800 | 793,103 | |
(1-year CMT + 2.65%), 5.50%, 08/09/28(d) | 1,100 | 1,084,291 | |
(1-year CMT + 3.00%), 5.75%, 08/09/33(d) | 600 | 585,903 | |
(1-year CMT + 3.05%), 7.33%, 11/02/26(d) | 1,700 | 1,731,582 | |
(1-year CMT + 3.30%), 7.39%, 11/02/28(d) | 900 | 940,019 | |
(1-year CMT + 3.50%), 7.44%, 11/02/33(d) | 1,200 | 1,298,043 | |
(3-mo. LIBOR US + 1.90%), 4.97%, 05/16/29(d) | 845 | 815,278 | |
(3-mo. LIBOR US + 3.05%), 5.09%, 06/20/30(d) | 878 | 827,965 | |
(5-year CMT + 2.90%), 3.56%, 09/23/35(d) | 478 | 405,526 | |
BPCE SA, 3.38%, 12/02/26 | 400 | 381,163 | |
Canadian Imperial Bank of Commerce | |||
3.95%, 08/04/25 | 700 | 685,612 | |
0.95%, 10/23/25 | 596 | 557,680 | |
1.25%, 06/22/26 | 259 | 237,196 | |
5.62%, 07/17/26 | 150 | 150,213 | |
5.93%, 10/02/26 | 564 | 569,271 | |
3.45%, 04/07/27 | 500 | 473,890 | |
5.00%, 04/28/28 | 572 | 560,529 | |
5.99%, 10/03/28(b) | 250 | 254,305 | |
5.26%, 04/08/29 | 300 | 295,347 | |
3.60%, 04/07/32 | 664 | 580,715 | |
6.09%, 10/03/33 | 650 | 661,294 | |
Citibank N.A. | |||
5.86%, 09/29/25 | 750 | 753,658 | |
5.49%, 12/04/26 | 750 | 750,717 | |
5.80%, 09/29/28 | 1,150 | 1,171,058 | |
Citibank NA | |||
5.44%, 04/30/26 | 1,250 | 1,248,197 | |
5.57%, 04/30/34 | 510 | 508,195 | |
Citigroup, Inc. | |||
4.40%, 06/10/25 | 1,813 | 1,785,347 | |
5.50%, 09/13/25 | 829 | 826,939 | |
3.70%, 01/12/26 | 1,429 | 1,384,726 | |
4.60%, 03/09/26 | 920 | 900,721 | |
3.40%, 05/01/26 | 1,113 | 1,068,098 | |
3.20%, 10/21/26 | 3,225 | 3,044,941 | |
4.30%, 11/20/26 | 97 | 94,013 | |
4.45%, 09/29/27 | 1,989 | 1,914,161 | |
4.13%, 07/25/28 | 1,138 | 1,071,756 | |
6.63%, 06/15/32 | 526 | 549,619 | |
6.00%, 10/31/33 | 600 | 605,390 | |
(1-day SOFR + 0.77%), 1.12%, 01/28/27(d) | 1,578 | 1,456,265 | |
(1-day SOFR + 0.77%), 1.46%, 06/09/27(d) | 1,532 | 1,402,711 | |
(1-day SOFR + 1.15%), 2.67%, 01/29/31(d) | 1,429 | 1,213,585 |
Security | Par (000) | Value | |
Banks (continued) | |||
Citigroup, Inc. (continued) | |||
(1-day SOFR + 1.17%), 2.56%, 05/01/32(d) | $ | 1,398 | $ 1,138,172 |
(1-day SOFR + 1.18%), 2.52%, 11/03/32(d) | 900 | 721,359 | |
(1-day SOFR + 1.28%), 3.07%, 02/24/28(d) | 1,329 | 1,240,369 | |
(1-day SOFR + 1.35%), 3.06%, 01/25/33(d) | 1,743 | 1,441,527 | |
(1-day SOFR + 1.36%), 5.17%, 02/13/30(d) | 1,570 | 1,535,404 | |
(1-day SOFR + 1.42%), 2.98%, 11/05/30(d) | 1,420 | 1,238,135 | |
(1-day SOFR + 1.55%), 5.61%, 09/29/26(d) | 1,490 | 1,486,723 | |
(1-day SOFR + 1.89%), 4.66%, 05/24/28(d) | 1,700 | 1,658,133 | |
(1-day SOFR + 1.94%), 3.79%, 03/17/33(d) | 2,977 | 2,586,609 | |
(1-day SOFR + 2.06%), 5.83%, 02/13/35(d) | 1,325 | 1,275,257 | |
(1-day SOFR + 2.09%), 4.91%, 05/24/33(d) | 1,150 | 1,079,279 | |
(1-day SOFR + 2.11%), 2.57%, 06/03/31(d) | 2,243 | 1,876,393 | |
(1-day SOFR + 2.34%), 6.27%, 11/17/33(d) | 2,000 | 2,052,223 | |
(1-day SOFR + 2.66%), 6.17%, 05/25/34(d) | 1,935 | 1,920,372 | |
(1-day SOFR + 3.91%), 4.41%, 03/31/31(d) | 1,990 | 1,857,561 | |
(3-mo. CME Term SOFR + 1.41%), 3.52%, 10/27/28(d) | 859 | 801,436 | |
(3-mo. CME Term SOFR + 1.45%), 4.08%, 04/23/29(d) | 2,000 | 1,889,677 | |
(3-mo. CME Term SOFR + 1.60%), 3.98%, 03/20/30(d) | 1,873 | 1,735,392 | |
(3-mo. CME Term SOFR + 1.65%), 3.67%, 07/24/28(d) | 1,354 | 1,275,841 | |
(3-mo. CME Term SOFR + 1.82%), 3.89%, 01/10/28(d) | 1,490 | 1,424,316 | |
Citizens Bank NA/Providence RI | |||
3.75%, 02/18/26 | 400 | 384,170 | |
(1-day SOFR + 2.00%), 4.58%, 08/09/28(d) | 350 | 331,553 | |
Citizens Financial Group, Inc. | |||
2.85%, 07/27/26 | 193 | 180,132 | |
2.50%, 02/06/30 | 279 | 230,382 | |
3.25%, 04/30/30(b) | 450 | 385,942 | |
2.64%, 09/30/32 | 300 | 223,358 | |
(1-day SOFR + 2.01%), 5.84%, 01/23/30(d) | 642 | 628,755 | |
(1-day SOFR + 2.33%), 6.65%, 04/25/35(d) | 450 | 451,258 | |
(5-year CMT + 2.75%), 5.64%, 05/21/37(d) | 200 | 182,124 | |
Comerica Bank, (1-day SOFR + 2.61%), 5.33%, 08/25/33(d) | 250 | 218,819 | |
Comerica, Inc.(b) | |||
4.00%, 02/01/29 | 829 | 748,030 | |
(1-day SOFR + 2.16%), 5.98%, 01/30/30(d) | 548 | 532,157 | |
Commonwealth Bank of Australia/New York | |||
5.50%, 09/12/25 | 750 | 750,656 | |
5.32%, 03/13/26 | 650 | 650,349 | |
Cooperatieve Rabobank UA | |||
4.38%, 08/04/25 | 600 | 587,461 | |
3.75%, 07/21/26 | 1,037 | 990,016 | |
Cooperatieve Rabobank UA/New York | |||
3.38%, 05/21/25 | 500 | 489,251 | |
5.50%, 07/18/25(b) | 250 | 249,883 | |
4.85%, 01/09/26 | 500 | 495,618 | |
5.50%, 10/05/26 | 250 | 250,307 | |
5.04%, 03/05/27 | 250 | 247,643 | |
4.80%, 01/09/29 | 250 | 243,805 | |
Corp. Andina de Fomento, 5.00%, 01/24/29 | 1,000 | 976,450 | |
Council of Europe Development Bank, 3.00%, 06/16/25 | 800 | 778,538 | |
Credit Suisse AG/New York | |||
1.25%, 08/07/26 | 1,050 | 952,626 | |
5.00%, 07/09/27 | 650 | 635,717 | |
7.50%, 02/15/28 | 1,550 | 1,641,111 |
Security | Par (000) | Value | |
Banks (continued) | |||
Deutsche Bank AG, 4.10%, 01/13/26 | $ | 288 | $ 280,229 |
Deutsche Bank AG/New York | |||
1.69%, 03/19/26 | 400 | 372,474 | |
(1-day SOFR + 1.22%), 2.31%, 11/16/27(d) | 1,667 | 1,516,473 | |
(1-day SOFR + 1.32%), 2.55%, 01/07/28(d) | 1,348 | 1,230,943 | |
(1-day SOFR + 1.59%), 5.71%, 02/08/28(d) | 600 | 594,390 | |
(1-day SOFR + 1.72%), 3.04%, 05/28/32(d) | 455 | 373,083 | |
(1-day SOFR + 1.87%), 2.13%, 11/24/26(d) | 919 | 864,667 | |
(1-day SOFR + 2.26%), 3.74%, 01/07/33(d) | 950 | 763,532 | |
(1-day SOFR + 2.51%), 6.82%, 11/20/29(d) | 950 | 976,379 | |
(1-day SOFR + 2.52%), 7.15%, 07/13/27(d) | 700 | 714,619 | |
(1-day SOFR + 2.76%), 3.73%, 01/14/32(d) | 650 | 535,160 | |
(1-day SOFR + 3.04%), 3.55%, 09/18/31(d) | 1,159 | 996,724 | |
(1-day SOFR + 3.18%), 6.72%, 01/18/29(d) | 950 | 968,887 | |
(1-day SOFR + 3.19%), 6.12%, 07/14/26(d) | 500 | 499,638 | |
(1-day SOFR + 3.65%), 7.08%, 02/10/34(d) | 850 | 847,615 | |
(5-year USD ICE Swap + 2.55%), 4.88%, 12/01/32(d) | 350 | 322,518 | |
Discover Bank | |||
4.25%, 03/13/26 | 300 | 290,500 | |
3.45%, 07/27/26 | 400 | 377,975 | |
4.65%, 09/13/28 | 350 | 331,735 | |
2.70%, 02/06/30 | 300 | 251,628 | |
European Bank for Reconstruction & Development, 4.38%, 03/09/28 | 1,100 | 1,079,320 | |
European Investment Bank | |||
3.88%, 03/15/28 | 3,000 | 2,894,074 | |
4.50%, 10/16/28 | 2,400 | 2,368,391 | |
4.00%, 02/15/29 | 3,500 | 3,378,479 | |
3.63%, 07/15/30 | 3,200 | 2,998,132 | |
3.75%, 02/14/33 | 4,000 | 3,707,514 | |
Fifth Third Bancorp | |||
2.55%, 05/05/27 | 259 | 236,636 | |
3.95%, 03/14/28 | 400 | 376,273 | |
(1-day SOFR + 0.69%), 1.71%, 11/01/27(d) | 829 | 749,269 | |
(1-day SOFR + 1.36%), 4.06%, 04/25/28(d) | 279 | 263,398 | |
(1-day SOFR + 1.66%), 4.34%, 04/25/33(d) | 279 | 246,874 | |
(1-day SOFR + 1.84%), 5.63%, 01/29/32(b)(d) | 540 | 524,777 | |
(1-day SOFR + 2.34%), 6.34%, 07/27/29(d) | 680 | 687,750 | |
(1-day SOFR Index + 2.13%), 4.77%, 07/28/30(d) | 400 | 377,285 | |
(1-day SOFR Index + 2.19%), 6.36%, 10/27/28(d) | 484 | 487,909 | |
Fifth Third Bank NA | |||
3.95%, 07/28/25 | 600 | 586,636 | |
3.85%, 03/15/26 | 300 | 288,165 | |
2.25%, 02/01/27 | 350 | 321,071 | |
First Horizon Corp., 4.00%, 05/26/25 | 200 | 195,133 | |
First-Citizens Bank & Trust Co., 6.13%, 03/09/28 | 225 | 228,535 | |
Goldman Sachs Bank USA/New York, (1-day SOFR + 0.78%), 5.28%, 03/18/27(d) | 1,975 | 1,961,978 | |
Goldman Sachs Group, Inc. | |||
3.75%, 05/22/25(b) | 916 | 898,031 | |
4.25%, 10/21/25 | 869 | 850,582 | |
3.75%, 02/25/26 | 1,613 | 1,563,730 | |
3.50%, 11/16/26 | 1,659 | 1,576,869 | |
5.95%, 01/15/27 | 463 | 468,084 | |
3.85%, 01/26/27 | 1,659 | 1,591,400 | |
2.60%, 02/07/30 | 1,609 | 1,380,082 | |
3.80%, 03/15/30 | 1,334 | 1,220,276 | |
6.13%, 02/15/33 | 518 | 539,385 | |
(1-day SOFR + 0.79%), 1.09%, 12/09/26(d) | 1,301 | 1,206,040 | |
(1-day SOFR + 0.80%), 1.43%, 03/09/27(d) | 1,504 | 1,389,731 | |
(1-day SOFR + 0.82%), 1.54%, 09/10/27(d) | 1,659 | 1,503,301 | |
(1-day SOFR + 0.91%), 1.95%, 10/21/27(b)(d) | 2,767 | 2,526,480 |
Security | Par (000) | Value | |
Banks (continued) | |||
Goldman Sachs Group, Inc. (continued) | |||
(1-day SOFR + 1.08%), 5.80%, 08/10/26(d) | $ | 1,300 | $ 1,299,193 |
(1-day SOFR + 1.09%), 1.99%, 01/27/32(d) | 1,210 | 955,301 | |
(1-day SOFR + 1.11%), 2.64%, 02/24/28(d) | 1,693 | 1,561,638 | |
(1-day SOFR + 1.25%), 2.38%, 07/21/32(d) | 2,423 | 1,939,060 | |
(1-day SOFR + 1.26%), 2.65%, 10/21/32(d) | 1,981 | 1,604,097 | |
(1-day SOFR + 1.27%), 5.73%, 04/25/30(d) | 1,195 | 1,196,945 | |
(1-day SOFR + 1.28%), 2.62%, 04/22/32(d) | 2,118 | 1,734,091 | |
(1-day SOFR + 1.41%), 3.10%, 02/24/33(d) | 3,044 | 2,532,443 | |
(1-day SOFR + 1.51%), 4.39%, 06/15/27(d) | 620 | 604,527 | |
(1-day SOFR + 1.55%), 5.85%, 04/25/35(d) | 1,835 | 1,835,968 | |
(1-day SOFR + 1.73%), 4.48%, 08/23/28(d) | 1,253 | 1,210,557 | |
(1-day SOFR + 1.77%), 6.48%, 10/24/29(d) | 1,626 | 1,677,775 | |
(1-day SOFR + 1.85%), 3.62%, 03/15/28(d) | 1,629 | 1,541,366 | |
(1-day SOFR + 1.95%), 6.56%, 10/24/34(b)(d) | 1,300 | 1,368,294 | |
(3-mo. CME Term SOFR + 1.42%), 3.81%, 04/23/29(d) | 1,659 | 1,550,990 | |
(3-mo. CME Term SOFR + 1.56%), 4.22%, 05/01/29(d) | 2,279 | 2,162,490 | |
(3-mo. CME Term SOFR + 1.77%), 3.69%, 06/05/28(d) | 1,873 | 1,772,091 | |
HSBC Holdings PLC | |||
4.30%, 03/08/26 | 1,878 | 1,833,609 | |
3.90%, 05/25/26 | 2,489 | 2,406,375 | |
4.38%, 11/23/26 | 1,310 | 1,267,792 | |
4.95%, 03/31/30 | 1,686 | 1,627,884 | |
(1-day SOFR + 1.10%), 2.25%, 11/22/27(d) | 818 | 748,254 | |
(1-day SOFR + 1.19%), 2.80%, 05/24/32(d) | 2,264 | 1,846,911 | |
(1-day SOFR + 1.29%), 1.59%, 05/24/27(d) | 1,300 | 1,191,094 | |
(1-day SOFR + 1.29%), 2.21%, 08/17/29(d) | 1,450 | 1,251,095 | |
(1-day SOFR + 1.41%), 2.87%, 11/22/32(d) | 1,310 | 1,062,498 | |
(1-day SOFR + 1.46%), 5.55%, 03/04/30(d) | 800 | 789,039 | |
(1-day SOFR + 1.57%), 5.89%, 08/14/27(d) | 1,000 | 1,000,856 | |
(1-day SOFR + 1.73%), 2.01%, 09/22/28(d) | 478 | 422,275 | |
(1-day SOFR + 1.78%), 5.72%, 03/04/35(b)(d) | 800 | 783,359 | |
(1-day SOFR + 1.93%), 2.10%, 06/04/26(d) | 1,350 | 1,293,931 | |
(1-day SOFR + 1.95%), 2.36%, 08/18/31(d) | 1,000 | 813,397 | |
(1-day SOFR + 1.97%), 6.16%, 03/09/29(d) | 1,550 | 1,567,523 | |
(1-day SOFR + 2.11%), 4.76%, 06/09/28(d) | 2,500 | 2,426,557 | |
(1-day SOFR + 2.39%), 2.85%, 06/04/31(d) | 1,310 | 1,104,698 | |
(1-day SOFR + 2.39%), 6.25%, 03/09/34(b)(d) | 1,700 | 1,736,317 | |
(1-day SOFR + 2.53%), 4.76%, 03/29/33(d) | 1,135 | 1,027,609 | |
(1-day SOFR + 2.61%), 5.21%, 08/11/28(d) | 900 | 885,724 | |
(1-day SOFR + 2.87%), 5.40%, 08/11/33(d) | 1,000 | 966,662 | |
(1-day SOFR + 2.98%), 6.55%, 06/20/34(d) | 1,000 | 1,012,036 | |
(1-day SOFR + 3.02%), 7.40%, 11/13/34(d) | 1,170 | 1,244,197 | |
(1-day SOFR + 4.25%), 8.11%, 11/03/33(d) | 1,000 | 1,114,827 | |
(3-mo. CME Term SOFR + 1.61%), 4.29%, 09/12/26(d) | 2,489 | 2,434,282 | |
(3-mo. CME Term SOFR + 1.80%), 4.58%, 06/19/29(d) | 1,689 | 1,610,517 | |
(3-mo. CME Term SOFR + 1.81%), 4.04%, 03/13/28(d) | 989 | 942,226 | |
(3-mo. CME Term SOFR + 1.87%), 3.97%, 05/22/30(d) | 2,039 | 1,868,655 | |
(1-day SOFR + 3.03%), 7.34%, 11/03/26(d) | 1,500 | 1,533,675 | |
(1-day SOFR + 3.35%), 7.39%, 11/03/28(d) | 1,805 | 1,892,247 | |
HSBC USA, Inc., 5.29%, 03/04/27 | 335 | 333,860 | |
Huntington Bancshares, Inc. | |||
4.00%, 05/15/25 | 829 | 813,005 | |
2.55%, 02/04/30 | 660 | 550,426 | |
(1-day SOFR + 1.97%), 4.44%, 08/04/28(d) | 450 | 431,099 | |
(1-day SOFR + 2.02%), 6.21%, 08/21/29(d) | 600 | 602,542 |
Security | Par (000) | Value | |
Banks (continued) | |||
Huntington Bancshares, Inc. (continued) | |||
(1-day SOFR + 2.05%), 5.02%, 05/17/33(d) | $ | 200 | $ 184,646 |
(1-day SOFR Index + 1.87%), 5.71%, 02/02/35(b)(d) | 650 | 623,157 | |
Huntington National Bank | |||
5.65%, 01/10/30 | 400 | 392,868 | |
(1-day SOFR Index + 1.65%), 4.55%, 05/17/28(d) | 750 | 722,283 | |
ING Groep NV | |||
3.95%, 03/29/27 | 1,000 | 955,277 | |
4.55%, 10/02/28(b) | 878 | 844,812 | |
4.05%, 04/09/29 | 478 | 445,773 | |
(1-day SOFR + 1.01%), 1.73%, 04/01/27(d) | 700 | 647,849 | |
(1-day SOFR + 1.32%), 2.73%, 04/01/32(d) | 450 | 372,543 | |
(1-day SOFR + 1.44%), 5.34%, 03/19/30(d) | 1,000 | 979,721 | |
(1-day SOFR + 1.56%), 6.08%, 09/11/27(d) | 800 | 803,746 | |
(1-day SOFR + 1.77%), 5.55%, 03/19/35(d) | 1,000 | 963,012 | |
(1-day SOFR + 1.83%), 4.02%, 03/28/28(d) | 1,489 | 1,420,044 | |
(1-day SOFR + 2.07%), 4.25%, 03/28/33(b)(d) | 600 | 542,017 | |
(1-day SOFR + 2.09%), 6.11%, 09/11/34(d) | 600 | 603,440 | |
Inter-American Development Bank | |||
4.50%, 05/15/26 | 1,200 | 1,185,612 | |
4.38%, 02/01/27(b) | 1,000 | 984,128 | |
4.00%, 01/12/28(b) | 2,100 | 2,034,524 | |
4.13%, 02/15/29 | 2,600 | 2,522,914 | |
3.50%, 04/12/33 | 1,100 | 992,743 | |
4.50%, 09/13/33 | 1,300 | 1,266,659 | |
Inter-American Investment Corp., 4.75%, 09/19/28 | 300 | 296,968 | |
International Bank for Reconstruction & Development | |||
4.50%, 06/26/28 | 700 | 673,359 | |
3.50%, 07/12/28 | 2,500 | 2,372,891 | |
4.63%, 08/01/28 | 2,000 | 1,982,295 | |
3.88%, 02/14/30(b) | 3,000 | 2,853,797 | |
4.00%, 07/25/30 | 2,300 | 2,199,116 | |
4.00%, 01/10/31 | 3,000 | 2,856,996 | |
4.75%, 11/14/33(b) | 2,100 | 2,088,848 | |
International Finance Corp. | |||
4.38%, 01/15/27 | 1,000 | 984,063 | |
4.50%, 07/13/28 | 1,100 | 1,084,659 | |
JPMorgan Chase & Co. | |||
3.90%, 07/15/25 | 1,866 | 1,830,218 | |
3.30%, 04/01/26 | 1,861 | 1,788,907 | |
3.20%, 06/15/26 | 829 | 791,971 | |
2.95%, 10/01/26 | 1,239 | 1,171,648 | |
7.63%, 10/15/26 | 413 | 433,438 | |
4.13%, 12/15/26 | 1,489 | 1,438,453 | |
4.25%, 10/01/27 | 413 | 398,455 | |
3.63%, 12/01/27 | 829 | 781,174 | |
(1-day SOFR + 0.77%), 1.47%, 09/22/27(d) | 2,277 | 2,065,065 | |
(1-day SOFR + 0.80%), 1.05%, 11/19/26(d) | 1,850 | 1,721,610 | |
(1-day SOFR + 0.89%), 1.58%, 04/22/27(d) | 2,375 | 2,191,631 | |
(1-day SOFR + 0.93%), 5.57%, 04/22/28(d) | 1,350 | 1,348,936 | |
(1-day SOFR + 1.02%), 2.07%, 06/01/29(d) | 1,160 | 1,013,677 | |
(1-day SOFR + 1.07%), 1.95%, 02/04/32(d) | 1,659 | 1,316,333 | |
(1-day SOFR + 1.16%), 5.58%, 04/22/30(d) | 1,350 | 1,348,803 | |
(1-day SOFR + 1.17%), 2.95%, 02/24/28(d) | 534 | 497,055 | |
(1-day SOFR + 1.18%), 2.55%, 11/08/32(d) | 1,244 | 1,009,273 | |
(1-day SOFR + 1.19%), 5.04%, 01/23/28(d) | 2,071 | 2,041,620 | |
(1-day SOFR + 1.26%), 2.96%, 01/25/33(d) | 2,457 | 2,041,495 | |
(1-day SOFR + 1.31%), 5.01%, 01/23/30(d) | 1,250 | 1,219,669 | |
(1-day SOFR + 1.33%), 6.07%, 10/22/27(d) | 970 | 981,405 | |
(1-day SOFR + 1.45%), 5.30%, 07/24/29(d) | 1,245 | 1,231,712 | |
(1-day SOFR + 1.49%), 5.77%, 04/22/35(b)(d) | 2,070 | 2,071,384 | |
(1-day SOFR + 1.56%), 4.32%, 04/26/28(d) | 2,298 | 2,221,517 |
Security | Par (000) | Value | |
Banks (continued) | |||
JPMorgan Chase & Co. (continued) | |||
(1-day SOFR + 1.57%), 6.09%, 10/23/29(d) | $ | 1,725 | $ 1,760,205 |
(1-day SOFR + 1.62%), 5.34%, 01/23/35(d) | 1,676 | 1,624,585 | |
(1-day SOFR + 1.75%), 4.57%, 06/14/30(d) | 1,300 | 1,242,534 | |
(1-day SOFR + 1.80%), 4.59%, 04/26/33(d) | 898 | 835,695 | |
(1-day SOFR + 1.81%), 6.25%, 10/23/34(d) | 1,570 | 1,625,854 | |
(1-day SOFR + 1.85%), 5.35%, 06/01/34(d) | 2,915 | 2,834,729 | |
(1-day SOFR + 1.89%), 2.18%, 06/01/28(d) | 1,500 | 1,356,025 | |
(1-day SOFR + 1.99%), 4.85%, 07/25/28(d) | 3,000 | 2,938,559 | |
(1-day SOFR + 2.04%), 2.52%, 04/22/31(d) | 1,325 | 1,118,282 | |
(1-day SOFR + 2.08%), 4.91%, 07/25/33(d) | 3,050 | 2,899,777 | |
(1-day SOFR + 2.58%), 5.72%, 09/14/33(b)(d) | 1,650 | 1,643,774 | |
(3-mo. CME Term SOFR + 0.70%), 1.04%, 02/04/27(d) | 1,650 | 1,520,867 | |
(3-mo. CME Term SOFR + 1.11%), 1.76%, 11/19/31(d) | 829 | 655,741 | |
(3-mo. CME Term SOFR + 1.21%), 3.51%, 01/23/29(d) | 829 | 772,457 | |
(3-mo. CME Term SOFR + 1.25%), 2.58%, 04/22/32(d) | 2,242 | 1,844,842 | |
(3-mo. CME Term SOFR + 1.38%), 4.01%, 04/23/29(d) | 919 | 867,639 | |
(3-mo. CME Term SOFR + 1.42%), 3.70%, 05/06/30(d) | 1,229 | 1,127,462 | |
(3-mo. CME Term SOFR + 1.51%), 3.96%, 01/29/27(d) | 1,488 | 1,444,529 | |
(3-mo. CME Term SOFR + 1.51%), 2.74%, 10/15/30(d) | 2,791 | 2,420,142 | |
(3-mo. CME Term SOFR + 1.52%), 4.20%, 07/23/29(d) | 2,373 | 2,250,083 | |
(3-mo. CME Term SOFR + 1.59%), 4.45%, 12/05/29(d) | 1,023 | 978,971 | |
(3-mo. CME Term SOFR + 1.60%), 3.78%, 02/01/28(d) | 1,659 | 1,582,791 | |
(3-mo. CME Term SOFR + 1.64%), 3.54%, 05/01/28(d) | 1,450 | 1,368,250 | |
(3-mo. CME Term SOFR + 2.52%), 2.96%, 05/13/31(d) | 2,091 | 1,789,458 | |
(3-mo. CME Term SOFR + 3.79%), 4.49%, 03/24/31(d) | 2,759 | 2,612,964 | |
JPMorgan Chase Bank NA, Class BN, 5.11%, 12/08/26 | 2,000 | 1,986,711 | |
KeyBank NA | |||
3.30%, 06/01/25 | 450 | 434,880 | |
4.15%, 08/08/25(b) | 800 | 776,566 | |
3.40%, 05/20/26 | 450 | 422,595 | |
6.95%, 02/01/28 | 550 | 556,847 | |
3.90%, 04/13/29 | 261 | 229,226 | |
4.90%, 08/08/32(b) | 300 | 257,615 | |
KeyBank NA/Cleveland OH | |||
4.70%, 01/26/26 | 350 | 340,635 | |
5.85%, 11/15/27 | 500 | 490,949 | |
5.00%, 01/26/33 | 700 | 627,721 | |
KeyCorp, (1-day SOFR Index + 2.42%), 6.40%, 03/06/35(d) | 558 | 548,906 | |
KeyCorp. | |||
4.15%, 10/29/25 | 279 | 271,210 | |
2.25%, 04/06/27 | 446 | 398,845 | |
4.10%, 04/30/28(b) | 345 | 320,263 | |
2.55%, 10/01/29 | 413 | 342,692 | |
(1-day SOFR Index + 2.06%), 4.79%, 06/01/33(d) | 200 | 177,391 | |
Kreditanstalt fuer Wiederaufbau | |||
2.00%, 05/02/25 | 1,659 | 1,605,885 |
Security | Par (000) | Value | |
Banks (continued) | |||
Kreditanstalt fuer Wiederaufbau (continued) | |||
3.13%, 06/10/25 | $ | 3,000 | $ 2,930,666 |
0.38%, 07/18/25 | 3,319 | 3,127,626 | |
5.13%, 09/29/25(b) | 2,400 | 2,394,941 | |
0.63%, 01/22/26 | 1,659 | 1,535,525 | |
3.63%, 04/01/26 | 1,000 | 972,589 | |
4.63%, 08/07/26(b) | 3,000 | 2,972,265 | |
3.00%, 05/20/27 | 2,700 | 2,551,303 | |
3.75%, 02/15/28(b) | 1,650 | 1,587,555 | |
2.88%, 04/03/28(b) | 1,150 | 1,069,777 | |
3.88%, 06/15/28 | 3,000 | 2,889,451 | |
4.00%, 03/15/29(b) | 3,000 | 2,893,260 | |
1.75%, 09/14/29 | 1,243 | 1,064,801 | |
0.75%, 09/30/30 | 789 | 616,909 | |
4.75%, 10/29/30(b) | 1,500 | 1,497,796 | |
4.13%, 07/15/33 | 2,200 | 2,086,212 | |
4.38%, 02/28/34 | 1,200 | 1,161,007 | |
Landwirtschaftliche Rentenbank | |||
0.50%, 05/27/25 | 1,659 | 1,574,887 | |
2.38%, 06/10/25 | 1,659 | 1,605,207 | |
2.50%, 11/15/27 | 1,400 | 1,289,992 | |
0.88%, 09/03/30(b) | 1,659 | 1,302,976 | |
5.00%, 10/24/33 | 600 | 606,777 | |
Lloyds Banking Group PLC | |||
4.45%, 05/08/25 | 600 | 591,595 | |
4.58%, 12/10/25 | 800 | 780,637 | |
4.65%, 03/24/26 | 1,200 | 1,171,531 | |
3.75%, 01/11/27 | 800 | 762,540 | |
4.38%, 03/22/28 | 878 | 837,017 | |
4.55%, 08/16/28 | 1,310 | 1,252,343 | |
(1-year CMT + 0.85%), 1.63%, 05/11/27(d) | 800 | 734,224 | |
(1-year CMT + 1.38%), 5.46%, 01/05/28(d) | 800 | 793,004 | |
(1-year CMT + 1.48%), 5.99%, 08/07/27(d) | 1,500 | 1,502,201 | |
(1-year CMT + 1.70%), 5.87%, 03/06/29(d) | 500 | 500,793 | |
(1-year CMT + 1.75%), 4.72%, 08/11/26(d) | 600 | 590,562 | |
(1-year CMT + 1.75%), 5.68%, 01/05/35(d) | 1,200 | 1,170,535 | |
(1-year CMT + 1.80%), 3.75%, 03/18/28(d) | 478 | 452,785 | |
(1-year CMT + 2.30%), 4.98%, 08/11/33(d) | 900 | 844,425 | |
(1-year CMT + 3.75%), 7.95%, 11/15/33(d) | 450 | 493,924 | |
(3-mo. LIBOR US + 1.21%), 3.57%, 11/07/28(d) | 900 | 834,130 | |
M&T Bank Corp.(d) | |||
(1-day SOFR + 1.85%), 5.05%, 01/27/34 | 600 | 540,068 | |
(1-day SOFR + 2.26%), 6.08%, 03/13/32 | 466 | 455,290 | |
(1-day SOFR + 2.80%), 7.41%, 10/30/29 | 500 | 518,455 | |
(1-day SOFR Index + 1.78%), 4.55%, 08/16/28 | 450 | 424,169 | |
Manufacturers & Traders Trust Co. | |||
5.40%, 11/21/25 | 300 | 295,856 | |
4.65%, 01/27/26 | 700 | 681,580 | |
4.70%, 01/27/28 | 700 | 662,710 | |
Mitsubishi UFJ Financial Group, Inc. | |||
1.41%, 07/17/25 | 900 | 855,168 | |
3.85%, 03/01/26 | 1,600 | 1,553,302 | |
2.76%, 09/13/26 | 600 | 563,261 | |
3.68%, 02/22/27 | 590 | 564,126 | |
3.29%, 07/25/27(b) | 829 | 777,865 | |
3.96%, 03/02/28 | 829 | 789,271 | |
4.05%, 09/11/28 | 590 | 562,497 | |
3.74%, 03/07/29 | 1,659 | 1,545,450 | |
3.20%, 07/18/29 | 900 | 806,215 | |
2.56%, 02/25/30 | 1,310 | 1,119,794 | |
2.05%, 07/17/30 | 1,310 | 1,069,101 | |
(1-year CMT + 0.67%), 1.64%, 10/13/27(d) | 750 | 682,309 | |
(1-year CMT + 0.75%), 1.54%, 07/20/27(d) | 1,500 | 1,371,447 |
Security | Par (000) | Value | |
Banks (continued) | |||
Mitsubishi UFJ Financial Group, Inc. (continued) | |||
(1-year CMT + 0.82%), 5.26%, 04/17/30(d) | $ | 400 | $ 393,895 |
(1-year CMT + 0.83%), 2.34%, 01/19/28(d) | 750 | 687,914 | |
(1-year CMT + 0.95%), 2.31%, 07/20/32(d) | 1,310 | 1,053,414 | |
(1-year CMT + 0.97%), 2.49%, 10/13/32(d) | 600 | 487,457 | |
(1-year CMT + 1.00%), 5.43%, 04/17/35(d) | 1,000 | 975,664 | |
(1-year CMT + 1.10%), 2.85%, 01/19/33(d) | 600 | 496,125 | |
(1-year CMT + 1.30%), 4.08%, 04/19/28(d) | 600 | 575,162 | |
(1-year CMT + 1.38%), 5.42%, 02/22/29(d) | 480 | 478,008 | |
(1-year CMT + 1.53%), 5.48%, 02/22/31(d) | 440 | 435,944 | |
(1-year CMT + 1.63%), 5.44%, 02/22/34(b)(d) | 755 | 745,850 | |
(1-year CMT + 1.70%), 5.24%, 04/19/29(d) | 335 | 331,456 | |
(1-year CMT + 1.90%), 5.35%, 09/13/28(d) | 455 | 451,492 | |
(1-year CMT + 1.95%), 5.02%, 07/20/28(d) | 500 | 492,146 | |
(1-year CMT + 1.97%), 5.41%, 04/19/34(b)(d) | 600 | 591,287 | |
(1-year CMT + 2.13%), 5.13%, 07/20/33(d) | 900 | 870,954 | |
(1-year CMT + 2.13%), 5.47%, 09/13/33(b)(d) | 450 | 446,035 | |
Mizuho Financial Group, Inc. | |||
2.84%, 09/13/26 | 800 | 751,429 | |
3.66%, 02/28/27 | 400 | 380,700 | |
3.17%, 09/11/27 | 478 | 443,532 | |
4.02%, 03/05/28 | 600 | 570,165 | |
2.56%, 09/13/31 | 610 | 485,169 | |
(1-year CMT + 0.67%), 1.23%, 05/22/27(d) | 1,310 | 1,198,006 | |
(1-year CMT + 0.75%), 1.55%, 07/09/27(d) | 500 | 457,694 | |
(1-year CMT + 0.87%), 2.17%, 05/22/32(d) | 400 | 316,738 | |
(1-year CMT + 0.90%), 2.65%, 05/22/26(b)(d) | 400 | 387,201 | |
(1-year CMT + 0.90%), 2.26%, 07/09/32(d) | 400 | 317,611 | |
(1-year CMT + 1.12%), 5.38%, 05/26/30(d) | 240 | 235,867 | |
(1-year CMT + 1.25%), 3.26%, 05/22/30(d) | 200 | 178,333 | |
(1-year CMT + 1.30%), 5.58%, 05/26/35(d) | 400 | 389,584 | |
(1-year CMT + 1.50%), 5.67%, 05/27/29(d) | 800 | 799,941 | |
(1-year CMT + 1.65%), 5.78%, 07/06/29(d) | 800 | 802,568 | |
(1-year CMT + 1.65%), 5.74%, 05/27/31(d) | 300 | 298,980 | |
(1-year CMT + 1.80%), 5.75%, 05/27/34(b)(d) | 600 | 598,416 | |
(1-year CMT + 1.90%), 5.75%, 07/06/34(d) | 600 | 597,616 | |
(1-year CMT + 2.05%), 5.41%, 09/13/28(d) | 400 | 397,659 | |
(1-year CMT + 2.40%), 5.67%, 09/13/33(d) | 300 | 298,019 | |
(3-mo. CME Term SOFR + 1.09%), 2.23%, 05/25/26(d) | 450 | 433,071 | |
(3-mo. CME Term SOFR + 1.33%), 2.59%, 05/25/31(d) | 700 | 586,684 | |
(3-mo. CME Term SOFR + 1.39%), 3.15%, 07/16/30(d) | 478 | 422,565 | |
(3-mo. CME Term SOFR + 1.53%), 4.25%, 09/11/29(d) | 600 | 567,577 | |
(3-mo. CME Term SOFR + 1.53%), 1.98%, 09/08/31(d) | 300 | 239,471 | |
(3-mo. CME Term SOFR + 1.57%), 2.87%, 09/13/30(d) | 420 | 364,523 | |
(3-mo. CME Term SOFR + 1.77%), 2.20%, 07/10/31(d) | 478 | 390,039 | |
Morgan Stanley | |||
4.00%, 07/23/25 | 1,662 | 1,630,292 | |
5.00%, 11/24/25 | 1,036 | 1,025,209 | |
3.88%, 01/27/26 | 1,450 | 1,408,586 | |
3.13%, 07/27/26 | 1,763 | 1,675,742 | |
6.25%, 08/09/26 | 1,400 | 1,421,970 | |
4.35%, 09/08/26 | 1,243 | 1,209,143 | |
3.63%, 01/20/27 | 1,659 | 1,585,962 | |
3.95%, 04/23/27 | 1,063 | 1,017,951 | |
3.59%, 07/22/28(d) | 1,866 | 1,755,854 | |
7.25%, 04/01/32 | 400 | 446,270 |
Security | Par (000) | Value | |
Banks (continued) | |||
Morgan Stanley (continued) | |||
(1-day SOFR + 0.72%), 0.99%, 12/10/26(d) | $ | 1,493 | $ 1,382,524 |
(1-day SOFR + 0.86%), 1.51%, 07/20/27(d) | 1,584 | 1,446,509 | |
(1-day SOFR + 0.88%), 1.59%, 05/04/27(d) | 1,809 | 1,667,330 | |
(1-day SOFR + 1.00%), 2.48%, 01/21/28(d) | 1,181 | 1,089,295 | |
(1-day SOFR + 1.01%), 5.65%, 04/13/28(d) | 1,325 | 1,326,300 | |
(1-day SOFR + 1.02%), 1.93%, 04/28/32(d) | 1,272 | 996,396 | |
(1-day SOFR + 1.03%), 1.79%, 02/13/32(d) | 1,642 | 1,281,260 | |
(1-day SOFR + 1.14%), 2.70%, 01/22/31(d) | 2,159 | 1,849,428 | |
(1-day SOFR + 1.18%), 2.24%, 07/21/32(d) | 2,063 | 1,640,507 | |
(1-day SOFR + 1.20%), 2.51%, 10/20/32(d) | 1,864 | 1,499,950 | |
(1-day SOFR + 1.26%), 5.66%, 04/18/30(d) | 1,115 | 1,115,237 | |
(1-day SOFR + 1.29%), 2.94%, 01/21/33(d) | 1,662 | 1,371,880 | |
(1-day SOFR + 1.30%), 5.05%, 01/28/27(d) | 1,480 | 1,465,291 | |
(1-day SOFR + 1.36%), 2.48%, 09/16/36(d) | 1,617 | 1,247,364 | |
(1-day SOFR + 1.45%), 5.17%, 01/16/30(d) | 1,425 | 1,397,208 | |
(1-day SOFR + 1.58%), 5.83%, 04/19/35(d) | 1,280 | 1,279,484 | |
(1-day SOFR + 1.59%), 5.16%, 04/20/29(d) | 1,710 | 1,682,056 | |
(1-day SOFR + 1.61%), 4.21%, 04/20/28(d) | 1,554 | 1,496,889 | |
(1-day SOFR + 1.63%), 5.45%, 07/20/29(d) | 1,680 | 1,669,726 | |
(1-day SOFR + 1.67%), 4.68%, 07/17/26(b)(d) | 1,715 | 1,692,700 | |
(1-day SOFR + 1.73%), 5.12%, 02/01/29(d) | 1,195 | 1,176,071 | |
(1-day SOFR + 1.73%), 5.47%, 01/18/35(d) | 2,438 | 2,371,874 | |
(1-day SOFR + 1.77%), 6.14%, 10/16/26(d) | 674 | 677,720 | |
(1-day SOFR + 1.83%), 6.41%, 11/01/29(d) | 1,280 | 1,319,823 | |
(1-day SOFR + 1.87%), 5.25%, 04/21/34(d) | 2,190 | 2,101,413 | |
(1-day SOFR + 1.88%), 5.42%, 07/21/34(d) | 1,295 | 1,256,588 | |
(1-day SOFR + 2.05%), 6.63%, 11/01/34(d) | 1,178 | 1,243,003 | |
(1-day SOFR + 2.08%), 4.89%, 07/20/33(d) | 1,165 | 1,097,630 | |
(1-day SOFR + 2.24%), 6.30%, 10/18/28(d) | 1,800 | 1,838,105 | |
(1-day SOFR + 2.56%), 6.34%, 10/18/33(d) | 1,400 | 1,452,017 | |
(1-day SOFR + 2.62%), 5.30%, 04/20/37(d) | 1,078 | 1,009,627 | |
(1-day SOFR + 3.12%), 3.62%, 04/01/31(d) | 1,786 | 1,605,266 | |
(3-mo. CME Term SOFR + 1.40%), 3.77%, 01/24/29(d) | 2,045 | 1,919,023 | |
(3-mo. CME Term SOFR + 1.89%), 4.43%, 01/23/30(d) | 1,617 | 1,538,141 | |
(5-year CMT + 1.80%), 5.94%, 02/07/39(d) | 900 | 865,980 | |
(5-year CMT + 2.43%), 5.95%, 01/19/38(d) | 1,210 | 1,176,044 | |
Morgan Stanley Bank NA | |||
5.48%, 07/16/25 | 490 | 489,784 | |
4.75%, 04/21/26 | 780 | 769,845 | |
5.88%, 10/30/26 | 750 | 756,492 | |
(1-day SOFR + 1.08%), 4.95%, 01/14/28(d) | 640 | 630,417 | |
National Australia Bank Ltd./New York | |||
5.20%, 05/13/25 | 250 | 249,295 | |
3.50%, 06/09/25 | 300 | 293,597 | |
4.75%, 12/10/25 | 850 | 841,811 | |
4.97%, 01/12/26 | 750 | 744,480 | |
3.38%, 01/14/26 | 500 | 483,759 | |
2.50%, 07/12/26 | 847 | 797,311 | |
3.91%, 06/09/27 | 1,000 | 961,637 | |
4.94%, 01/12/28 | 700 | 692,084 | |
4.90%, 06/13/28 | 650 | 640,922 | |
4.79%, 01/10/29 | 750 | 734,079 | |
National Bank of Canada, 5.60%, 12/18/28 | 750 | 748,573 | |
NatWest Group PLC | |||
4.80%, 04/05/26 | 878 | 862,627 | |
(1-year CMT + 0.90%), 1.64%, 06/14/27(d) | 1,100 | 1,008,286 | |
(1-year CMT + 1.10%), 5.58%, 03/01/28(b)(d) | 600 | 596,226 | |
(1-year CMT + 1.35%), 5.85%, 03/02/27(b)(d) | 650 | 649,528 | |
(1-year CMT + 1.50%), 5.78%, 03/01/35(d) | 800 | 783,530 | |
(1-year CMT + 1.95%), 5.81%, 09/13/29(d) | 800 | 798,275 |
Security | Par (000) | Value | |
Banks (continued) | |||
NatWest Group PLC (continued) | |||
(1-year CMT + 2.10%), 6.02%, 03/02/34(d) | $ | 500 | $ 500,143 |
(1-year CMT + 2.27%), 5.52%, 09/30/28(d) | 525 | 519,598 | |
(1-year CMT + 2.55%), 3.07%, 05/22/28(d) | 650 | 600,753 | |
(1-year CMT + 2.85%), 7.47%, 11/10/26(d) | 800 | 818,394 | |
(3-mo. LIBOR US + 1.75%), 4.89%, 05/18/29(d) | 928 | 894,634 | |
(3-mo. LIBOR US + 1.87%), 4.45%, 05/08/30(d) | 478 | 448,074 | |
(3-mo. LIBOR US + 1.91%), 5.08%, 01/27/30(d) | 1,178 | 1,138,169 | |
(5-year CMT + 2.20%), 6.48%, 06/01/34(b)(d) | 600 | 602,519 | |
(5-year CMT + 2.35%), 3.03%, 11/28/35(d) | 400 | 328,418 | |
Northern Trust Corp. | |||
3.95%, 10/30/25 | 300 | 292,887 | |
4.00%, 05/10/27 | 483 | 466,344 | |
3.65%, 08/03/28(b) | 163 | 153,531 | |
3.15%, 05/03/29 | 413 | 377,244 | |
1.95%, 05/01/30 | 550 | 456,261 | |
6.13%, 11/02/32(b) | 610 | 627,501 | |
Oesterreichische Kontrollbank AG | |||
0.38%, 09/17/25 | 700 | 654,724 | |
4.63%, 11/03/25 | 500 | 494,863 | |
4.13%, 01/20/26 | 500 | 490,882 | |
0.50%, 02/02/26(b) | 600 | 552,941 | |
5.00%, 10/23/26 | 900 | 898,169 | |
4.25%, 03/01/28(b) | 1,000 | 976,489 | |
4.13%, 01/18/29 | 1,000 | 969,908 | |
PNC Bank NA | |||
3.25%, 06/01/25 | 500 | 487,041 | |
3.10%, 10/25/27 | 800 | 738,490 | |
3.25%, 01/22/28 | 500 | 461,537 | |
4.05%, 07/26/28 | 900 | 843,134 | |
2.70%, 10/22/29 | 500 | 426,773 | |
PNC Financial Services Group, Inc. | |||
2.60%, 07/23/26 | 500 | 470,136 | |
1.15%, 08/13/26 | 829 | 754,576 | |
3.15%, 05/19/27 | 450 | 422,512 | |
3.45%, 04/23/29 | 1,073 | 977,936 | |
2.55%, 01/22/30 | 1,431 | 1,222,101 | |
(1-day SOFR + 0.98%), 2.31%, 04/23/32(d) | 829 | 668,259 | |
(1-day SOFR + 1.32%), 5.81%, 06/12/26(d) | 370 | 370,076 | |
(1-day SOFR + 1.34%), 5.30%, 01/21/28(d) | 265 | 262,696 | |
(1-day SOFR + 1.62%), 5.35%, 12/02/28(d) | 675 | 669,059 | |
(1-day SOFR + 1.84%), 5.58%, 06/12/29(d) | 1,888 | 1,879,515 | |
(1-day SOFR + 1.90%), 5.68%, 01/22/35(d) | 852 | 834,726 | |
(1-day SOFR + 1.93%), 5.07%, 01/24/34(d) | 875 | 823,919 | |
(1-day SOFR + 1.95%), 5.94%, 08/18/34(d) | 500 | 498,800 | |
(1-day SOFR + 2.28%), 6.88%, 10/20/34(d) | 1,699 | 1,803,335 | |
(1-day SOFR Index + 1.09%), 4.76%, 01/26/27(d) | 894 | 880,814 | |
(1-day SOFR Index + 1.73%), 6.62%, 10/20/27(d) | 500 | 510,923 | |
(1-day SOFR Index + 1.85%), 4.63%, 06/06/33(b)(d) | 450 | 411,646 | |
(1-day SOFR Index + 2.14%), 6.04%, 10/28/33(d) | 700 | 705,472 | |
Regions Financial Corp. | |||
2.25%, 05/18/25 | 259 | 249,483 | |
1.80%, 08/12/28 | 209 | 177,557 | |
Royal Bank of Canada | |||
1.15%, 06/10/25 | 800 | 762,662 | |
4.88%, 01/12/26 | 624 | 617,913 | |
0.88%, 01/20/26 | 1,659 | 1,538,221 | |
4.65%, 01/27/26 | 935 | 919,641 | |
1.20%, 04/27/26 | 1,059 | 974,407 | |
1.15%, 07/14/26 | 829 | 755,644 | |
5.20%, 07/20/26 | 400 | 398,310 | |
1.40%, 11/02/26 | 324 | 294,221 |
Security | Par (000) | Value | |
Banks (continued) | |||
Royal Bank of Canada (continued) | |||
4.88%, 01/19/27 | $ | 1,041 | $ 1,028,040 |
2.05%, 01/21/27 | 413 | 379,087 | |
3.63%, 05/04/27(b) | 749 | 712,518 | |
4.24%, 08/03/27 | 650 | 628,379 | |
6.00%, 11/01/27 | 1,100 | 1,121,351 | |
4.90%, 01/12/28 | 300 | 294,961 | |
5.20%, 08/01/28 | 400 | 397,715 | |
4.95%, 02/01/29(b) | 833 | 817,475 | |
2.30%, 11/03/31 | 800 | 646,485 | |
3.88%, 05/04/32 | 700 | 626,858 | |
5.00%, 02/01/33 | 1,060 | 1,021,881 | |
5.00%, 05/02/33(b) | 562 | 542,909 | |
5.15%, 02/01/34(b) | 1,041 | 1,005,405 | |
Santander Holdings USA, Inc. | |||
3.45%, 06/02/25 | 500 | 485,369 | |
4.50%, 07/17/25 | 1,000 | 981,544 | |
3.24%, 10/05/26 | 359 | 336,476 | |
4.40%, 07/13/27 | 500 | 478,689 | |
(1-day SOFR + 1.25%), 2.49%, 01/06/28(d) | 675 | 611,643 | |
(1-day SOFR + 2.33%), 5.81%, 09/09/26(d) | 300 | 298,051 | |
(1-day SOFR + 2.36%), 6.50%, 03/09/29(d) | 596 | 600,624 | |
(1-day SOFR + 2.50%), 6.17%, 01/09/30(d) | 561 | 558,803 | |
(1-day SOFR + 2.70%), 6.57%, 06/12/29(d) | 138 | 139,983 | |
(1-day SOFR + 3.28%), 7.66%, 11/09/31(d) | 300 | 320,846 | |
Santander U.K. Group Holdings PLC(d) | |||
(1-day SOFR + 0.99%), 1.67%, 06/14/27 | 1,179 | 1,074,862 | |
(1-day SOFR + 1.22%), 2.47%, 01/11/28 | 650 | 592,024 | |
(1-day SOFR + 1.48%), 2.90%, 03/15/32 | 250 | 205,789 | |
(1-day SOFR + 2.60%), 6.53%, 01/10/29 | 800 | 814,911 | |
(1-day SOFR + 2.75%), 6.83%, 11/21/26 | 800 | 808,663 | |
(1-year CMT + 1.25%), 1.53%, 08/21/26 | 478 | 450,360 | |
(3-mo. LIBOR US + 1.40%), 3.82%, 11/03/28 | 600 | 557,664 | |
State Street Corp. | |||
3.55%, 08/18/25 | 700 | 683,459 | |
2.65%, 05/19/26 | 829 | 786,850 | |
5.27%, 08/03/26 | 782 | 779,627 | |
4.99%, 03/18/27 | 801 | 793,764 | |
2.40%, 01/24/30(b) | 489 | 421,560 | |
2.20%, 03/03/31 | 450 | 365,340 | |
(1-day SOFR + 0.56%), 1.68%, 11/18/27(b)(d) | 745 | 680,713 | |
(1-day SOFR + 0.73%), 2.20%, 02/07/28(d) | 279 | 256,321 | |
(1-day SOFR + 1.00%), 2.62%, 02/07/33(d) | 441 | 358,768 | |
(1-day SOFR + 1.13%), 5.10%, 05/18/26(d) | 650 | 645,857 | |
(1-day SOFR + 1.35%), 5.75%, 11/04/26(d) | 220 | 220,198 | |
(1-day SOFR + 1.48%), 5.68%, 11/21/29(d) | 500 | 505,339 | |
(1-day SOFR + 1.49%), 3.03%, 11/01/34(d) | 130 | 112,687 | |
(1-day SOFR + 1.57%), 4.82%, 01/26/34(b)(d) | 600 | 566,039 | |
(1-day SOFR + 1.61%), 4.42%, 05/13/33(d) | 350 | 323,281 | |
(1-day SOFR + 1.72%), 5.82%, 11/04/28(d) | 115 | 116,572 | |
(1-day SOFR + 1.73%), 4.16%, 08/04/33(d) | 500 | 451,713 | |
(1-day SOFR + 1.89%), 5.16%, 05/18/34(d) | 650 | 628,156 | |
(1-day SOFR + 1.96%), 6.12%, 11/21/34(d) | 250 | 253,514 | |
(1-day SOFR + 2.65%), 3.15%, 03/30/31(d) | 829 | 728,806 | |
(3-mo. CME Term SOFR + 1.29%), 4.14%, 12/03/29(d) | 350 | 332,058 | |
Sumitomo Mitsui Financial Group, Inc. | |||
1.47%, 07/08/25 | 1,310 | 1,246,494 | |
0.95%, 01/12/26 | 550 | 508,867 | |
5.46%, 01/13/26 | 900 | 897,551 | |
3.78%, 03/09/26 | 2,489 | 2,412,688 | |
5.88%, 07/13/26 | 600 | 603,713 | |
2.63%, 07/14/26 | 1,245 | 1,172,467 |
Security | Par (000) | Value | |
Banks (continued) | |||
Sumitomo Mitsui Financial Group, Inc. (continued) | |||
1.40%, 09/17/26 | $ | 982 | $ 891,719 |
3.01%, 10/19/26 | 863 | 812,904 | |
3.45%, 01/11/27(b) | 700 | 664,762 | |
2.17%, 01/14/27 | 400 | 366,851 | |
3.36%, 07/12/27 | 829 | 777,912 | |
3.35%, 10/18/27 | 413 | 384,974 | |
5.52%, 01/13/28 | 1,100 | 1,101,984 | |
3.54%, 01/17/28 | 309 | 289,544 | |
5.80%, 07/13/28 | 1,300 | 1,312,975 | |
3.94%, 07/19/28 | 414 | 391,358 | |
5.72%, 09/14/28 | 800 | 807,002 | |
1.90%, 09/17/28 | 982 | 844,329 | |
4.31%, 10/16/28 | 432 | 415,824 | |
3.04%, 07/16/29(b) | 1,440 | 1,276,838 | |
3.20%, 09/17/29 | 413 | 366,954 | |
2.72%, 09/27/29 | 478 | 415,763 | |
5.71%, 01/13/30 | 1,000 | 1,005,784 | |
2.75%, 01/15/30 | 750 | 646,340 | |
2.13%, 07/08/30 | 1,310 | 1,071,511 | |
5.85%, 07/13/30 | 200 | 202,027 | |
2.14%, 09/23/30 | 470 | 379,475 | |
1.71%, 01/12/31 | 235 | 184,009 | |
2.22%, 09/17/31 | 400 | 317,789 | |
5.77%, 01/13/33 | 1,050 | 1,059,209 | |
5.78%, 07/13/33 | 200 | 201,504 | |
5.81%, 09/14/33(b) | 600 | 606,933 | |
Synchrony Bank | |||
5.40%, 08/22/25 | 500 | 493,664 | |
5.63%, 08/23/27 | 500 | 489,554 | |
Synovus Bank/Columbus GA, 5.63%, 02/15/28 | 250 | 238,762 | |
Toronto-Dominion Bank | |||
3.77%, 06/06/25 | 400 | 392,214 | |
0.75%, 09/11/25(b) | 550 | 515,880 | |
0.75%, 01/06/26 | 1,493 | 1,381,530 | |
5.10%, 01/09/26 | 508 | 505,875 | |
1.20%, 06/03/26 | 881 | 807,189 | |
5.53%, 07/17/26 | 1,025 | 1,025,739 | |
1.25%, 09/10/26 | 911 | 826,224 | |
5.26%, 12/11/26 | 165 | 164,338 | |
1.95%, 01/12/27(b) | 413 | 378,461 | |
2.80%, 03/10/27 | 637 | 592,798 | |
4.98%, 04/05/27 | 475 | 468,999 | |
4.11%, 06/08/27 | 1,016 | 976,702 | |
4.69%, 09/15/27 | 800 | 781,606 | |
5.16%, 01/10/28 | 750 | 743,838 | |
5.52%, 07/17/28 | 847 | 849,788 | |
4.99%, 04/05/29 | 475 | 465,061 | |
2.00%, 09/10/31 | 911 | 723,448 | |
2.45%, 01/12/32 | 413 | 333,449 | |
3.20%, 03/10/32 | 1,015 | 865,543 | |
4.46%, 06/08/32 | 1,010 | 937,046 | |
(5-year USD Swap + 2.21%), 3.63%, 09/15/31(d) | 1,015 | 963,365 | |
Truist Bank | |||
3.63%, 09/16/25 | 600 | 582,137 | |
4.05%, 11/03/25 | 307 | 300,578 | |
3.30%, 05/15/26 | 400 | 381,406 | |
3.80%, 10/30/26 | 500 | 477,638 | |
2.25%, 03/11/30 | 761 | 616,644 | |
Truist Financial Corp. | |||
4.00%, 05/01/25 | 1,000 | 983,248 | |
3.70%, 06/05/25 | 550 | 537,716 | |
1.20%, 08/05/25 | 460 | 434,346 |
Security | Par (000) | Value | |
Banks (continued) | |||
Truist Financial Corp. (continued) | |||
1.13%, 08/03/27 | $ | 745 | $ 649,750 |
3.88%, 03/19/29(b) | 330 | 302,260 | |
1.95%, 06/05/30 | 659 | 532,648 | |
(1-day SOFR + 0.61%), 1.27%, 03/02/27(d) | 600 | 553,048 | |
(1-day SOFR + 0.86%), 1.89%, 06/07/29(d) | 829 | 708,221 | |
(1-day SOFR + 1.37%), 4.12%, 06/06/28(d) | 523 | 499,500 | |
(1-day SOFR + 1.44%), 4.87%, 01/26/29(d) | 750 | 727,396 | |
(1-day SOFR + 1.46%), 4.26%, 07/28/26(d) | 2,000 | 1,962,085 | |
(1-day SOFR + 1.62%), 5.44%, 01/24/30(d) | 999 | 978,595 | |
(1-day SOFR + 1.63%), 5.90%, 10/28/26(d) | 400 | 399,798 | |
(1-day SOFR + 1.85%), 5.12%, 01/26/34(d) | 999 | 930,846 | |
(1-day SOFR + 1.92%), 5.71%, 01/24/35(d) | 1,170 | 1,135,470 | |
(1-day SOFR + 2.05%), 6.05%, 06/08/27(d) | 785 | 789,156 | |
(1-day SOFR + 2.24%), 4.92%, 07/28/33(d) | 400 | 360,157 | |
(1-day SOFR + 2.30%), 6.12%, 10/28/33(d) | 500 | 499,318 | |
(1-day SOFR + 2.36%), 5.87%, 06/08/34(d) | 1,165 | 1,143,107 | |
(1-day SOFR + 2.45%), 7.16%, 10/30/29(d) | 1,035 | 1,083,724 | |
U.S. Bancorp | |||
1.45%, 05/12/25 | 1,300 | 1,247,092 | |
3.95%, 11/17/25 | 476 | 464,435 | |
3.10%, 04/27/26(b) | 800 | 764,155 | |
2.38%, 07/22/26 | 857 | 804,061 | |
3.15%, 04/27/27 | 883 | 830,982 | |
3.90%, 04/26/28 | 1,659 | 1,571,567 | |
3.00%, 07/30/29 | 634 | 555,356 | |
1.38%, 07/22/30 | 509 | 398,459 | |
(1-day SOFR + 0.73%), 2.22%, 01/27/28(d) | 793 | 724,623 | |
(1-day SOFR + 1.02%), 2.68%, 01/27/33(d) | 413 | 330,810 | |
(1-day SOFR + 1.23%), 4.65%, 02/01/29(d) | 1,047 | 1,009,106 | |
(1-day SOFR + 1.43%), 5.73%, 10/21/26(d) | 1,018 | 1,017,654 | |
(1-day SOFR + 1.56%), 5.38%, 01/23/30(d) | 1,018 | 1,003,836 | |
(1-day SOFR + 1.60%), 4.84%, 02/01/34(d) | 1,300 | 1,199,614 | |
(1-day SOFR + 1.66%), 4.55%, 07/22/28(d) | 1,160 | 1,122,205 | |
(1-day SOFR + 1.86%), 5.68%, 01/23/35(d) | 1,192 | 1,164,477 | |
(1-day SOFR + 1.88%), 6.79%, 10/26/27(d) | 634 | 650,230 | |
(1-day SOFR + 2.02%), 5.78%, 06/12/29(d) | 1,045 | 1,047,067 | |
(1-day SOFR + 2.09%), 5.85%, 10/21/33(d) | 700 | 694,351 | |
(1-day SOFR + 2.11%), 4.97%, 07/22/33(d) | 675 | 620,786 | |
(1-day SOFR + 2.26%), 5.84%, 06/12/34(d) | 1,013 | 1,001,292 | |
(5-year CMT + 0.95%), 2.49%, 11/03/36(d) | 579 | 441,360 | |
UBS AG, 5.65%, 09/11/28 | 1,000 | 1,004,592 | |
UBS AG/London | |||
5.80%, 09/11/25 | 400 | 400,925 | |
1.25%, 06/01/26 | 600 | 549,150 | |
UBS Group AG, 4.55%, 04/17/26 | 1,474 | 1,440,913 | |
Wells Fargo & Co. | |||
3.55%, 09/29/25 | 1,474 | 1,433,166 | |
3.00%, 04/22/26 | 3,100 | 2,957,183 | |
4.10%, 06/03/26 | 925 | 896,332 | |
3.00%, 10/23/26 | 2,064 | 1,941,383 | |
4.30%, 07/22/27 | 1,243 | 1,197,626 | |
4.15%, 01/24/29 | 1,474 | 1,394,870 | |
(1-day SOFR + 1.07%), 5.71%, 04/22/28(d) | 1,380 | 1,380,959 | |
(1-day SOFR + 1.50%), 5.20%, 01/23/30(d) | 1,820 | 1,784,564 | |
(1-day SOFR + 1.50%), 3.35%, 03/02/33(d) | 2,363 | 1,994,751 | |
(1-day SOFR + 1.51%), 3.53%, 03/24/28(d) | 2,359 | 2,226,097 | |
(1-day SOFR + 1.56%), 4.54%, 08/15/26(d) | 1,000 | 984,023 | |
(1-day SOFR + 1.74%), 5.57%, 07/25/29(d) | 2,325 | 2,317,575 | |
(1-day SOFR + 1.78%), 5.50%, 01/23/35(b)(d) | 1,965 | 1,908,775 | |
(1-day SOFR + 1.79%), 6.30%, 10/23/29(d) | 1,571 | 1,609,425 | |
(1-day SOFR + 1.98%), 4.81%, 07/25/28(d) | 1,545 | 1,505,432 |
Security | Par (000) | Value | |
Banks (continued) | |||
Wells Fargo & Co. (continued) | |||
(1-day SOFR + 1.99%), 5.56%, 07/25/34(d) | $ | 2,506 | $ 2,442,703 |
(1-day SOFR + 2.02%), 5.39%, 04/24/34(d) | 2,235 | 2,153,830 | |
(1-day SOFR + 2.06%), 6.49%, 10/23/34(d) | 1,916 | 1,994,808 | |
(1-day SOFR + 2.10%), 2.39%, 06/02/28(d) | 1,945 | 1,768,299 | |
(1-day SOFR + 2.10%), 4.90%, 07/25/33(d) | 2,530 | 2,375,307 | |
(3-mo. CME Term SOFR + 1.26%), 2.57%, 02/11/31(d) | 1,843 | 1,559,464 | |
(3-mo. CME Term SOFR + 1.43%), 3.20%, 06/17/27(d) | 1,106 | 1,050,687 | |
(3-mo. CME Term SOFR + 1.43%), 2.88%, 10/30/30(d) | 2,409 | 2,091,107 | |
(3-mo. CME Term SOFR + 1.57%), 3.58%, 05/22/28(d) | 2,143 | 2,017,306 | |
(3-mo. CME Term SOFR + 4.03%), 4.48%, 04/04/31(d) | 1,859 | 1,746,808 | |
Wells Fargo Bank NA | |||
5.55%, 08/01/25 | 1,500 | 1,500,794 | |
4.81%, 01/15/26 | 750 | 741,621 | |
5.45%, 08/07/26 | 1,500 | 1,499,218 | |
5.25%, 12/11/26 | 1,500 | 1,492,771 | |
Westpac Banking Corp. | |||
3.74%, 08/26/25 | 500 | 489,052 | |
5.51%, 11/17/25 | 786 | 787,993 | |
2.85%, 05/13/26 | 1,181 | 1,125,370 | |
1.15%, 06/03/26 | 1,141 | 1,047,348 | |
2.70%, 08/19/26 | 736 | 695,000 | |
3.35%, 03/08/27 | 700 | 664,939 | |
4.04%, 08/26/27 | 600 | 579,775 | |
5.46%, 11/18/27 | 800 | 804,864 | |
3.40%, 01/25/28 | 735 | 688,704 | |
5.54%, 11/17/28 | 920 | 929,250 | |
1.95%, 11/20/28 | 829 | 718,597 | |
2.65%, 01/16/30 | 657 | 574,497 | |
2.15%, 06/03/31 | 736 | 602,035 | |
6.82%, 11/17/33 | 330 | 348,714 | |
(1-year CMT + 2.68%), 5.41%, 08/10/33(d) | 550 | 528,943 | |
(5-year CMT + 1.53%), 3.02%, 11/18/36(d) | 920 | 739,510 | |
(5-year CMT + 1.75%), 2.67%, 11/15/35(d) | 913 | 737,568 | |
(5-year CMT + 2.00%), 4.11%, 07/24/34(d) | 700 | 637,324 | |
(5-year USD ICE Swap + 2.24%), 4.32%, 11/23/31(d) | 1,104 | 1,058,595 | |
Zions Bancorp NA, 3.25%, 10/29/29 | 261 | 213,785 | |
874,098,161 | |||
Beverages — 1.3% | |||
Anheuser-Busch InBev Worldwide, Inc. | |||
4.00%, 04/13/28 | 1,679 | 1,615,775 | |
4.75%, 01/23/29 | 2,685 | 2,640,255 | |
3.50%, 06/01/30(b) | 1,311 | 1,194,392 | |
4.90%, 01/23/31(b) | 500 | 493,447 | |
5.00%, 06/15/34 | 355 | 343,056 | |
Brown-Forman Corp., 4.75%, 04/15/33(b) | 200 | 191,497 | |
Coca-Cola Co. | |||
3.38%, 03/25/27 | 672 | 644,239 | |
2.90%, 05/25/27(b) | 163 | 153,517 | |
1.45%, 06/01/27(b) | 1,000 | 900,100 | |
1.50%, 03/05/28 | 829 | 730,687 | |
1.00%, 03/15/28 | 776 | 669,869 | |
2.13%, 09/06/29(b) | 829 | 718,049 | |
3.45%, 03/25/30 | 745 | 684,352 | |
1.65%, 06/01/30 | 894 | 734,354 | |
2.00%, 03/05/31 | 312 | 256,464 |
Security | Par (000) | Value | |
Beverages (continued) | |||
Coca-Cola Co. (continued) | |||
1.38%, 03/15/31 | $ | 776 | $ 611,099 |
2.25%, 01/05/32 | 1,345 | 1,110,486 | |
Coca-Cola Femsa SAB de CV | |||
2.75%, 01/22/30 | 655 | 566,359 | |
1.85%, 09/01/32 | 482 | 363,307 | |
Constellation Brands, Inc. | |||
4.40%, 11/15/25 | 290 | 284,506 | |
4.75%, 12/01/25 | 129 | 127,052 | |
5.00%, 02/02/26 | 150 | 148,339 | |
3.70%, 12/06/26 | 620 | 592,425 | |
3.50%, 05/09/27 | 179 | 169,047 | |
4.35%, 05/09/27 | 400 | 387,294 | |
3.60%, 02/15/28 | 350 | 327,411 | |
4.65%, 11/15/28 | 250 | 241,560 | |
4.80%, 01/15/29 | 175 | 170,173 | |
3.15%, 08/01/29 | 829 | 739,623 | |
2.88%, 05/01/30 | 229 | 197,597 | |
2.25%, 08/01/31 | 652 | 522,101 | |
4.75%, 05/09/32(b) | 330 | 311,805 | |
4.90%, 05/01/33 | 340 | 320,712 | |
Diageo Capital PLC | |||
1.38%, 09/29/25 | 500 | 472,328 | |
5.20%, 10/24/25 | 200 | 199,326 | |
5.38%, 10/05/26(b) | 600 | 600,551 | |
5.30%, 10/24/27 | 500 | 499,620 | |
3.88%, 05/18/28 | 478 | 455,578 | |
2.38%, 10/24/29 | 566 | 489,838 | |
2.00%, 04/29/30 | 678 | 564,491 | |
2.13%, 04/29/32 | 478 | 380,413 | |
5.50%, 01/24/33 | 500 | 503,920 | |
5.63%, 10/05/33 | 600 | 610,792 | |
Keurig Dr Pepper, Inc. | |||
5.10%, 03/15/27 | 543 | 539,218 | |
5.05%, 03/15/29 | 543 | 535,038 | |
5.20%, 03/15/31 | 225 | 219,938 | |
5.30%, 03/15/34 | 425 | 413,824 | |
Keurig Dr. Pepper, Inc. | |||
4.42%, 05/25/25 | 350 | 345,919 | |
3.40%, 11/15/25 | 300 | 290,224 | |
2.55%, 09/15/26 | 252 | 235,780 | |
3.43%, 06/15/27 | 314 | 296,623 | |
4.60%, 05/25/28 | 702 | 681,204 | |
3.95%, 04/15/29 | 632 | 592,220 | |
3.20%, 05/01/30 | 413 | 365,734 | |
2.25%, 03/15/31 | 413 | 335,856 | |
4.05%, 04/15/32 | 615 | 558,218 | |
Molson Coors Beverage Co., 3.00%, 07/15/26 | 1,045 | 991,478 | |
Pepsico Singapore Financing I Pte. Ltd. | |||
4.65%, 02/16/27 | 225 | 221,317 | |
4.55%, 02/16/29 | 225 | 218,751 | |
4.70%, 02/16/34 | 225 | 214,259 | |
PepsiCo, Inc. | |||
3.50%, 07/17/25 | 163 | 159,466 | |
5.25%, 11/10/25 | 350 | 350,190 | |
4.55%, 02/13/26 | 200 | 197,855 | |
2.85%, 02/24/26 | 413 | 396,433 | |
2.38%, 10/06/26 | 829 | 777,092 | |
5.13%, 11/10/26(b) | 350 | 349,906 | |
2.63%, 03/19/27 | 256 | 238,897 | |
3.00%, 10/15/27 | 813 | 759,523 | |
3.60%, 02/18/28 | 445 | 423,450 |
Security | Par (000) | Value | |
Beverages (continued) | |||
PepsiCo, Inc. (continued) | |||
4.45%, 05/15/28 | $ | 200 | $ 196,398 |
7.00%, 03/01/29 | 250 | 270,945 | |
2.63%, 07/29/29 | 829 | 739,139 | |
2.75%, 03/19/30 | 771 | 677,830 | |
1.63%, 05/01/30 | 496 | 406,812 | |
1.40%, 02/25/31 | 244 | 192,310 | |
1.95%, 10/21/31 | 816 | 655,850 | |
3.90%, 07/18/32 | 585 | 535,739 | |
4.45%, 02/15/33(b) | 550 | 535,008 | |
38,856,250 | |||
Biotechnology — 0.8% | |||
Amgen, Inc. | |||
3.13%, 05/01/25 | 620 | 604,532 | |
5.51%, 03/02/26 | 850 | 847,590 | |
2.60%, 08/19/26 | 901 | 846,855 | |
2.20%, 02/21/27 | 1,148 | 1,053,151 | |
3.20%, 11/02/27 | 665 | 620,110 | |
5.15%, 03/02/28 | 2,497 | 2,474,824 | |
1.65%, 08/15/28 | 800 | 687,460 | |
3.00%, 02/22/29 | 300 | 271,559 | |
4.05%, 08/18/29 | 600 | 564,411 | |
2.45%, 02/21/30 | 902 | 769,347 | |
5.25%, 03/02/30 | 1,832 | 1,815,846 | |
2.30%, 02/25/31 | 902 | 743,742 | |
2.00%, 01/15/32 | 460 | 361,079 | |
3.35%, 02/22/32 | 666 | 577,535 | |
4.20%, 03/01/33 | 600 | 543,136 | |
5.25%, 03/02/33 | 2,830 | 2,768,236 | |
Baxalta, Inc., 4.00%, 06/23/25 | 308 | 302,146 | |
Biogen, Inc. | |||
4.05%, 09/15/25 | 892 | 871,495 | |
2.25%, 05/01/30 | 657 | 542,502 | |
Bio-Rad Laboratories, Inc. | |||
3.30%, 03/15/27 | 250 | 234,827 | |
3.70%, 03/15/32(b) | 635 | 551,818 | |
Gilead Sciences, Inc. | |||
3.65%, 03/01/26 | 2,256 | 2,186,832 | |
2.95%, 03/01/27 | 863 | 811,117 | |
1.20%, 10/01/27 | 575 | 503,489 | |
1.65%, 10/01/30 | 821 | 658,234 | |
5.25%, 10/15/33 | 765 | 754,176 | |
Illumina, Inc. | |||
5.80%, 12/12/25 | 200 | 199,660 | |
5.75%, 12/13/27 | 200 | 199,985 | |
2.55%, 03/23/31 | 195 | 156,870 | |
Regeneron Pharmaceuticals, Inc., 1.75%, 09/15/30 | 670 | 534,902 | |
Royalty Pharma PLC | |||
1.20%, 09/02/25 | 829 | 780,689 | |
1.75%, 09/02/27(b) | 343 | 303,335 | |
2.20%, 09/02/30 | 359 | 291,336 | |
2.15%, 09/02/31(b) | 286 | 224,163 | |
25,656,989 | |||
Broadline Retail — 0.8% | |||
Alibaba Group Holding Ltd. | |||
3.40%, 12/06/27 | 1,628 | 1,520,715 | |
2.13%, 02/09/31 | 1,000 | 808,220 | |
Amazon.com, Inc. | |||
0.80%, 06/03/25 | 800 | 763,046 | |
4.60%, 12/01/25 | 1,002 | 993,010 | |
5.20%, 12/03/25 | 638 | 637,646 | |
1.00%, 05/12/26 | 2,013 | 1,851,788 |
Security | Par (000) | Value | |
Broadline Retail (continued) | |||
Amazon.com, Inc. (continued) | |||
3.30%, 04/13/27 | $ | 1,210 | $ 1,150,522 |
1.20%, 06/03/27 | 509 | 452,929 | |
3.15%, 08/22/27 | 1,805 | 1,699,591 | |
4.55%, 12/01/27 | 1,464 | 1,440,785 | |
1.65%, 05/12/28 | 1,409 | 1,236,784 | |
3.45%, 04/13/29 | 1,202 | 1,122,198 | |
4.65%, 12/01/29 | 1,098 | 1,080,568 | |
1.50%, 06/03/30 | 1,465 | 1,195,178 | |
2.10%, 05/12/31 | 2,197 | 1,808,075 | |
3.60%, 04/13/32 | 1,726 | 1,556,378 | |
4.70%, 12/01/32 | 1,450 | 1,408,233 | |
eBay, Inc. | |||
5.90%, 11/22/25 | 278 | 278,628 | |
1.40%, 05/10/26 | 325 | 299,257 | |
3.60%, 06/05/27 | 829 | 785,557 | |
2.70%, 03/11/30 | 829 | 717,640 | |
2.60%, 05/10/31(b) | 518 | 432,969 | |
6.30%, 11/22/32 | 278 | 290,017 | |
JD.com, Inc. | |||
3.88%, 04/29/26 | 200 | 192,875 | |
3.38%, 01/14/30 | 478 | 426,940 | |
TJX Cos., Inc. | |||
2.25%, 09/15/26 | 757 | 707,449 | |
1.15%, 05/15/28 | 350 | 299,480 | |
3.88%, 04/15/30 | 250 | 232,297 | |
1.60%, 05/15/31 | 350 | 276,807 | |
25,665,582 | |||
Building Materials — 0.4% | |||
Carrier Global Corp. | |||
5.80%, 11/30/25 | 670 | 671,237 | |
2.49%, 02/15/27 | 542 | 499,287 | |
2.72%, 02/15/30 | 1,415 | 1,220,953 | |
2.70%, 02/15/31 | 350 | 295,053 | |
5.90%, 03/15/34 | 706 | 721,308 | |
Eagle Materials, Inc., 2.50%, 07/01/31 | 313 | 256,456 | |
Fortune Brands Innovations, Inc. | |||
4.00%, 06/15/25 | 179 | 175,144 | |
3.25%, 09/15/29 | 413 | 368,412 | |
4.00%, 03/25/32 | 413 | 367,176 | |
5.88%, 06/01/33 | 386 | 384,096 | |
Johnson Controls International PLC, 3.90%, 02/14/26 | 314 | 304,698 | |
Johnson Controls International PLC/Tyco Fire & Security Finance SCA | |||
5.50%, 04/19/29 | 300 | 301,230 | |
1.75%, 09/15/30 | 325 | 261,939 | |
2.00%, 09/16/31 | 579 | 455,360 | |
4.90%, 12/01/32 | 185 | 176,572 | |
Lennox International, Inc., 5.50%, 09/15/28 | 254 | 253,049 | |
Martin Marietta Materials, Inc. | |||
3.45%, 06/01/27 | 163 | 154,129 | |
3.50%, 12/15/27(b) | 300 | 280,833 | |
2.50%, 03/15/30 | 179 | 152,645 | |
2.40%, 07/15/31 | 457 | 371,850 | |
Masco Corp. | |||
1.50%, 02/15/28 | 300 | 258,427 | |
2.00%, 10/01/30 | 109 | 87,274 | |
2.00%, 02/15/31 | 413 | 329,276 | |
Mohawk Industries, Inc. | |||
5.85%, 09/18/28 | 250 | 252,676 |
Security | Par (000) | Value | |
Building Materials (continued) | |||
Mohawk Industries, Inc. (continued) | |||
3.63%, 05/15/30(b) | $ | 225 | $ 201,987 |
Owens Corning | |||
3.40%, 08/15/26 | 272 | 258,925 | |
3.95%, 08/15/29 | 270 | 251,042 | |
3.88%, 06/01/30 | 225 | 205,473 | |
Trane Technologies Financing Ltd. | |||
3.50%, 03/21/26 | 200 | 192,242 | |
3.80%, 03/21/29 | 560 | 523,690 | |
5.25%, 03/03/33 | 400 | 393,476 | |
Trane Technologies Global Holding Co. Ltd., 3.75%, 08/21/28 | 400 | 375,591 | |
Vulcan Materials Co. | |||
3.90%, 04/01/27 | 129 | 124,274 | |
3.50%, 06/01/30 | 400 | 359,315 | |
11,485,095 | |||
Building Products — 0.8% | |||
Allegion PLC, 3.50%, 10/01/29 | 413 | 373,100 | |
Carlisle Cos., Inc. | |||
3.75%, 12/01/27 | 400 | 377,417 | |
2.75%, 03/01/30 | 311 | 267,978 | |
2.20%, 03/01/32(b) | 225 | 177,546 | |
Home Depot, Inc. | |||
3.35%, 09/15/25 | 993 | 966,662 | |
4.00%, 09/15/25 | 450 | 441,854 | |
3.00%, 04/01/26 | 910 | 873,517 | |
2.13%, 09/15/26 | 671 | 625,779 | |
4.95%, 09/30/26 | 250 | 248,685 | |
2.50%, 04/15/27 | 660 | 612,558 | |
2.88%, 04/15/27 | 525 | 492,925 | |
2.80%, 09/14/27 | 671 | 622,864 | |
0.90%, 03/15/28 | 558 | 477,599 | |
1.50%, 09/15/28 | 413 | 355,238 | |
3.90%, 12/06/28(b) | 700 | 666,275 | |
4.90%, 04/15/29 | 250 | 247,403 | |
2.95%, 06/15/29 | 1,226 | 1,105,322 | |
2.70%, 04/15/30 | 1,051 | 915,768 | |
1.38%, 03/15/31 | 875 | 681,747 | |
1.88%, 09/15/31 | 671 | 533,401 | |
3.25%, 04/15/32 | 734 | 638,206 | |
4.50%, 09/15/32(b) | 600 | 574,579 | |
Lowe’ s Cos., Inc. | |||
4.40%, 09/08/25 | 650 | 640,740 | |
3.38%, 09/15/25 | 413 | 401,268 | |
4.80%, 04/01/26 | 752 | 743,402 | |
2.50%, 04/15/26 | 791 | 749,036 | |
3.35%, 04/01/27 | 350 | 331,028 | |
3.10%, 05/03/27 | 1,000 | 938,646 | |
1.30%, 04/15/28 | 699 | 600,545 | |
1.70%, 09/15/28 | 752 | 646,021 | |
3.65%, 04/05/29 | 1,013 | 939,721 | |
4.50%, 04/15/30 | 829 | 792,971 | |
1.70%, 10/15/30 | 941 | 750,790 | |
2.63%, 04/01/31 | 1,129 | 945,776 | |
3.75%, 04/01/32 | 1,129 | 1,005,436 | |
5.00%, 04/15/33(b) | 850 | 820,908 | |
5.15%, 07/01/33(b) | 752 | 734,170 | |
23,316,881 | |||
Capital Markets — 0.6% | |||
Apollo Debt Solutions BDC, 6.90%, 04/13/29(a)(b) | 250 | 247,743 |
Security | Par (000) | Value | |
Capital Markets (continued) | |||
Ares Capital Corp. | |||
3.25%, 07/15/25 | $ | 724 | $ 698,172 |
3.88%, 01/15/26 | 829 | 798,210 | |
2.15%, 07/15/26 | 450 | 413,213 | |
7.00%, 01/15/27 | 482 | 490,594 | |
2.88%, 06/15/27 | 179 | 163,355 | |
2.88%, 06/15/28 | 668 | 586,835 | |
5.88%, 03/01/29 | 550 | 539,205 | |
3.20%, 11/15/31 | 413 | 337,418 | |
Bain Capital Specialty Finance, Inc., 2.55%, 10/13/26 | 130 | 118,571 | |
Barings BDC, Inc., 7.00%, 02/15/29 | 150 | 148,428 | |
Blackstone Private Credit Fund | |||
7.05%, 09/29/25(b) | 450 | 454,197 | |
2.63%, 12/15/26 | 675 | 612,798 | |
3.25%, 03/15/27 | 394 | 361,578 | |
7.30%, 11/27/28(a) | 300 | 308,101 | |
4.00%, 01/15/29(b) | 243 | 220,608 | |
6.25%, 01/25/31(a)(b) | 300 | 295,216 | |
Blackstone Secured Lending Fund | |||
3.63%, 01/15/26 | 450 | 429,139 | |
2.75%, 09/16/26 | 300 | 275,519 | |
2.13%, 02/15/27 | 400 | 358,220 | |
2.85%, 09/30/28 | 240 | 208,694 | |
Blue Owl Capital Corp. | |||
3.75%, 07/22/25 | 198 | 192,111 | |
4.25%, 01/15/26 | 250 | 241,575 | |
3.40%, 07/15/26 | 829 | 777,341 | |
2.63%, 01/15/27(b) | 225 | 204,504 | |
2.88%, 06/11/28 | 526 | 459,606 | |
5.95%, 03/15/29(b) | 336 | 329,872 | |
Blue Owl Capital Corp. III, 3.13%, 04/13/27 | 130 | 117,576 | |
Blue Owl Credit Income Corp. | |||
4.70%, 02/08/27 | 252 | 238,148 | |
7.75%, 09/16/27 | 300 | 306,370 | |
7.95%, 06/13/28(a)(b) | 398 | 407,682 | |
7.75%, 01/15/29(a) | 352 | 357,951 | |
6.65%, 03/15/31(a) | 370 | 356,143 | |
Blue Owl Technology Finance Corp. II, 6.75%, 04/04/29(a) | 200 | 192,718 | |
Brookfield Capital Finance LLC, 6.09%, 06/14/33 | 250 | 252,836 | |
Brookfield Finance, Inc. | |||
4.25%, 06/02/26 | 179 | 174,255 | |
3.90%, 01/25/28 | 869 | 823,933 | |
4.85%, 03/29/29 | 400 | 388,438 | |
4.35%, 04/15/30 | 413 | 385,730 | |
2.72%, 04/15/31(b) | 193 | 160,818 | |
6.35%, 01/05/34 | 450 | 462,444 | |
FS KKR Capital Corp. | |||
3.40%, 01/15/26 | 579 | 547,414 | |
2.63%, 01/15/27 | 329 | 296,131 | |
3.25%, 07/15/27 | 413 | 371,531 | |
3.13%, 10/12/28 | 463 | 398,041 | |
7.88%, 01/15/29 | 250 | 257,300 | |
Goldman Sachs BDC, Inc., 2.88%, 01/15/26 | 250 | 237,890 | |
Golub Capital BDC, Inc. | |||
2.50%, 08/24/26 | 130 | 119,001 | |
2.05%, 02/15/27(b) | 145 | 128,497 | |
7.05%, 12/05/28 | 150 | 151,558 | |
6.00%, 07/15/29 | 300 | 289,494 | |
Hercules Capital, Inc., 3.38%, 01/20/27 | 130 | 118,638 | |
HPS Corporate Lending Fund, 6.75%, 01/30/29(a) | 200 | 197,271 |
Security | Par (000) | Value | |
Capital Markets (continued) | |||
Main Street Capital Corp. | |||
3.00%, 07/14/26 | $ | 130 | $ 121,062 |
6.95%, 03/01/29 | 115 | 115,864 | |
New Mountain Finance Corp., 6.88%, 02/01/29 | 50 | 48,683 | |
Oaktree Specialty Lending Corp., 7.10%, 02/15/29 | 100 | 100,375 | |
Prospect Capital Corp. | |||
3.36%, 11/15/26 | 393 | 358,983 | |
3.44%, 10/15/28 | 225 | 190,396 | |
Sixth Street Lending Partners, 6.50%, 03/11/29(a) | 326 | 319,898 | |
Sixth Street Specialty Lending, Inc. | |||
6.95%, 08/14/28 | 100 | 101,335 | |
6.13%, 03/01/29 | 100 | 98,047 | |
19,463,274 | |||
Chemicals — 1.0% | |||
Air Products and Chemicals, Inc. | |||
1.50%, 10/15/25(b) | 483 | 457,582 | |
1.85%, 05/15/27 | 342 | 311,177 | |
4.60%, 02/08/29 | 550 | 537,088 | |
2.05%, 05/15/30 | 623 | 520,776 | |
4.75%, 02/08/31 | 550 | 532,835 | |
4.80%, 03/03/33 | 400 | 383,776 | |
4.85%, 02/08/34 | 872 | 832,618 | |
Albemarle Corp. | |||
4.65%, 06/01/27 | 400 | 388,464 | |
5.05%, 06/01/32(b) | 300 | 281,308 | |
Cabot Corp.(b) | |||
4.00%, 07/01/29 | 93 | 86,192 | |
5.00%, 06/30/32 | 100 | 94,929 | |
Celanese U.S. Holdings LLC | |||
1.40%, 08/05/26 | 130 | 117,914 | |
6.17%, 07/15/27 | 950 | 955,575 | |
6.35%, 11/15/28 | 445 | 451,957 | |
6.33%, 07/15/29 | 410 | 415,907 | |
6.55%, 11/15/30 | 500 | 512,172 | |
6.38%, 07/15/32 | 620 | 626,634 | |
6.70%, 11/15/33(b) | 615 | 634,806 | |
CF Industries, Inc., 5.15%, 03/15/34 | 542 | 511,622 | |
Dow Chemical Co. | |||
4.80%, 11/30/28(b) | 475 | 463,803 | |
7.38%, 11/01/29 | 500 | 543,161 | |
2.10%, 11/15/30(b) | 450 | 369,015 | |
6.30%, 03/15/33(b) | 600 | 626,499 | |
5.15%, 02/15/34(b) | 200 | 192,338 | |
DuPont de Nemours, Inc. | |||
4.49%, 11/15/25 | 1,376 | 1,352,658 | |
4.73%, 11/15/28 | 1,673 | 1,639,355 | |
Eastman Chemical Co. | |||
4.50%, 12/01/28 | 179 | 171,322 | |
5.75%, 03/08/33 | 160 | 158,122 | |
5.63%, 02/20/34 | 410 | 399,051 | |
Ecolab, Inc. | |||
2.70%, 11/01/26 | 500 | 471,528 | |
1.65%, 02/01/27 | 370 | 336,882 | |
3.25%, 12/01/27 | 179 | 167,428 | |
5.25%, 01/15/28(b) | 404 | 404,425 | |
4.80%, 03/24/30 | 413 | 405,297 | |
1.30%, 01/30/31(b) | 660 | 517,482 | |
2.13%, 02/01/32 | 329 | 265,106 | |
EIDP, Inc. | |||
1.70%, 07/15/25 | 660 | 629,845 | |
4.50%, 05/15/26 | 350 | 343,441 | |
2.30%, 07/15/30 | 660 | 554,590 |
Security | Par (000) | Value | |
Chemicals (continued) | |||
EIDP, Inc. (continued) | |||
4.80%, 05/15/33(b) | $ | 350 | $ 333,362 |
FMC Corp. | |||
5.15%, 05/18/26 | 220 | 217,284 | |
3.20%, 10/01/26 | 100 | 94,187 | |
3.45%, 10/01/29 | 305 | 270,505 | |
5.65%, 05/18/33(b) | 220 | 210,899 | |
Huntsman International LLC | |||
4.50%, 05/01/29 | 300 | 279,918 | |
2.95%, 06/15/31 | 120 | 97,178 | |
International Flavors & Fragrances, Inc., 4.45%, 09/26/28 | 413 | 393,406 | |
Linde, Inc. | |||
4.70%, 12/05/25 | 200 | 198,305 | |
3.20%, 01/30/26 | 163 | 157,136 | |
1.10%, 08/10/30 | 745 | 588,501 | |
LYB International Finance II BV, 3.50%, 03/02/27 | 380 | 359,782 | |
LYB International Finance III LLC | |||
1.25%, 10/01/25 | 136 | 127,455 | |
2.25%, 10/01/30(b) | 558 | 461,065 | |
5.63%, 05/15/33(b) | 220 | 218,507 | |
5.50%, 03/01/34 | 425 | 412,580 | |
Mosaic Co. | |||
4.05%, 11/15/27(b) | 829 | 791,234 | |
5.38%, 11/15/28 | 200 | 198,321 | |
5.45%, 11/15/33 | 272 | 262,960 | |
NewMarket Corp., 2.70%, 03/18/31 | 294 | 241,722 | |
Nutrien Ltd. | |||
5.95%, 11/07/25 | 350 | 351,694 | |
4.00%, 12/15/26 | 163 | 156,727 | |
4.90%, 03/27/28 | 460 | 450,184 | |
4.20%, 04/01/29 | 300 | 283,055 | |
2.95%, 05/13/30(b) | 179 | 156,061 | |
PPG Industries, Inc. | |||
1.20%, 03/15/26 | 346 | 319,208 | |
3.75%, 03/15/28 | 500 | 473,003 | |
2.80%, 08/15/29 | 129 | 113,484 | |
Rohm and Haas Co., 7.85%, 07/15/29 | 400 | 437,368 | |
RPM International, Inc., 2.95%, 01/15/32 | 159 | 130,662 | |
Sherwin-Williams Co. | |||
3.45%, 08/01/25 | 282 | 274,044 | |
4.25%, 08/08/25 | 150 | 147,441 | |
3.95%, 01/15/26 | 413 | 402,162 | |
3.45%, 06/01/27 | 963 | 909,240 | |
2.95%, 08/15/29 | 512 | 453,756 | |
2.30%, 05/15/30 | 350 | 292,900 | |
2.20%, 03/15/32(b) | 211 | 167,588 | |
Westlake Corp. | |||
3.60%, 08/15/26 | 413 | 394,323 | |
3.38%, 06/15/30 | 225 | 197,650 | |
30,689,537 | |||
Commercial Services & Supplies — 0.1% | |||
Cintas Corp. No. 2 | |||
3.45%, 05/01/25 | 159 | 155,628 | |
3.70%, 04/01/27 | 685 | 658,614 | |
4.00%, 05/01/32 | 350 | 319,744 | |
GATX Corp. | |||
3.25%, 09/15/26 | 620 | 587,140 | |
5.40%, 03/15/27 | 55 | 54,680 | |
3.85%, 03/30/27 | 413 | 394,082 | |
4.70%, 04/01/29 | 179 | 172,356 |
Security | Par (000) | Value | |
Commercial Services & Supplies (continued) | |||
GATX Corp. (continued) | |||
4.00%, 06/30/30 | $ | 250 | $ 227,376 |
1.90%, 06/01/31(b) | 159 | 123,011 | |
3.50%, 06/01/32 | 350 | 296,913 | |
4.90%, 03/15/33(b) | 215 | 200,147 | |
5.45%, 09/15/33 | 300 | 287,857 | |
6.05%, 03/15/34 | 200 | 199,981 | |
Quanta Services, Inc. | |||
2.90%, 10/01/30 | 443 | 378,858 | |
2.35%, 01/15/32 | 150 | 118,350 | |
Triton Container International Ltd./TAL International Container Corp., 3.25%, 03/15/32 | 250 | 196,310 | |
UL Solutions, Inc., 6.50%, 10/20/28(a) | 150 | 153,821 | |
4,524,868 | |||
Communications Equipment — 0.4% | |||
Cisco Systems, Inc. | |||
3.50%, 06/15/25 | 250 | 244,965 | |
4.90%, 02/26/26 | 505 | 502,300 | |
2.95%, 02/28/26 | 293 | 281,246 | |
2.50%, 09/20/26 | 829 | 780,779 | |
4.80%, 02/26/27 | 1,200 | 1,189,887 | |
4.85%, 02/26/29 | 1,500 | 1,481,281 | |
4.95%, 02/26/31 | 1,495 | 1,470,415 | |
5.05%, 02/26/34 | 1,480 | 1,447,652 | |
Juniper Networks, Inc. | |||
1.20%, 12/10/25 | 262 | 243,546 | |
3.75%, 08/15/29 | 413 | 376,960 | |
2.00%, 12/10/30 | 250 | 196,829 | |
Motorola Solutions, Inc. | |||
4.60%, 02/23/28 | 413 | 400,552 | |
5.00%, 04/15/29 | 200 | 195,582 | |
4.60%, 05/23/29 | 799 | 767,719 | |
2.30%, 11/15/30 | 694 | 570,808 | |
2.75%, 05/24/31 | 550 | 456,943 | |
5.60%, 06/01/32 | 368 | 366,012 | |
5.40%, 04/15/34 | 200 | 194,498 | |
Nokia OYJ, 4.38%, 06/12/27(b) | 350 | 334,997 | |
11,502,971 | |||
Construction & Engineering — 0.0% | |||
Jacobs Engineering Group, Inc. | |||
6.35%, 08/18/28 | 250 | 254,408 | |
5.90%, 03/01/33 | 265 | 260,565 | |
514,973 | |||
Consumer Discretionary — 0.0% | |||
RELX Capital, Inc. | |||
4.00%, 03/18/29 | 697 | 658,207 | |
3.00%, 05/22/30 | 450 | 396,022 | |
4.75%, 05/20/32 | 210 | 201,856 | |
1,256,085 | |||
Consumer Finance — 0.6% | |||
Automatic Data Processing, Inc. | |||
3.38%, 09/15/25 | 600 | 584,850 | |
1.70%, 05/15/28 | 774 | 681,914 | |
1.25%, 09/01/30 | 705 | 559,613 | |
Block Financial LLC | |||
2.50%, 07/15/28 | 421 | 370,046 | |
3.88%, 08/15/30 | 229 | 203,594 | |
Equifax, Inc. | |||
2.60%, 12/15/25 | 300 | 285,319 | |
5.10%, 12/15/27 | 400 | 394,112 |
Security | Par (000) | Value | |
Consumer Finance (continued) | |||
Equifax, Inc. (continued) | |||
5.10%, 06/01/28 | $ | 524 | $ 514,531 |
3.10%, 05/15/30 | 354 | 308,369 | |
2.35%, 09/15/31 | 829 | 665,051 | |
Global Payments, Inc. | |||
1.20%, 03/01/26 | 772 | 712,753 | |
4.80%, 04/01/26(b) | 413 | 406,391 | |
2.15%, 01/15/27 | 404 | 369,880 | |
4.95%, 08/15/27 | 275 | 269,490 | |
4.45%, 06/01/28 | 350 | 333,840 | |
3.20%, 08/15/29 | 877 | 773,791 | |
5.30%, 08/15/29 | 520 | 508,098 | |
2.90%, 05/15/30 | 504 | 429,548 | |
2.90%, 11/15/31 | 321 | 263,661 | |
5.40%, 08/15/32 | 335 | 323,332 | |
Moody’s Corp. | |||
3.25%, 01/15/28 | 620 | 580,681 | |
4.25%, 02/01/29 | 129 | 123,484 | |
2.00%, 08/19/31(b) | 222 | 176,419 | |
4.25%, 08/08/32 | 350 | 322,556 | |
PayPal Holdings, Inc. | |||
1.65%, 06/01/25 | 362 | 346,975 | |
2.65%, 10/01/26 | 829 | 778,797 | |
3.90%, 06/01/27 | 350 | 336,411 | |
2.85%, 10/01/29 | 856 | 759,937 | |
2.30%, 06/01/30 | 384 | 324,060 | |
4.40%, 06/01/32(b) | 430 | 404,747 | |
S&P Global, Inc. | |||
2.95%, 01/22/27 | 348 | 327,344 | |
2.45%, 03/01/27 | 700 | 647,904 | |
4.75%, 08/01/28 | 329 | 322,392 | |
2.70%, 03/01/29 | 630 | 561,674 | |
4.25%, 05/01/29(b) | 829 | 792,661 | |
2.50%, 12/01/29 | 239 | 207,263 | |
1.25%, 08/15/30 | 355 | 280,540 | |
2.90%, 03/01/32 | 800 | 676,672 | |
5.25%, 09/15/33(a) | 521 | 516,313 | |
17,445,013 | |||
Consumer Staples Distribution & Retail — 0.7% | |||
Costco Wholesale Corp. | |||
3.00%, 05/18/27 | 657 | 620,371 | |
1.38%, 06/20/27 | 700 | 626,228 | |
1.60%, 04/20/30 | 1,243 | 1,020,872 | |
1.75%, 04/20/32 | 733 | 574,425 | |
Dollar General Corp. | |||
4.15%, 11/01/25 | 306 | 299,135 | |
3.88%, 04/15/27 | 350 | 335,366 | |
4.63%, 11/01/27 | 270 | 262,505 | |
4.13%, 05/01/28 | 300 | 286,261 | |
5.20%, 07/05/28 | 140 | 138,196 | |
3.50%, 04/03/30 | 716 | 641,816 | |
5.00%, 11/01/32(b) | 355 | 339,982 | |
5.45%, 07/05/33(b) | 630 | 616,203 | |
Dollar Tree, Inc. | |||
4.00%, 05/15/25 | 400 | 392,815 | |
4.20%, 05/15/28 | 829 | 787,850 | |
2.65%, 12/01/31 | 413 | 334,447 | |
Target Corp. | |||
2.50%, 04/15/26 | 613 | 585,223 | |
1.95%, 01/15/27(b) | 672 | 620,175 | |
3.38%, 04/15/29(b) | 829 | 767,371 |
Security | Par (000) | Value | |
Consumer Staples Distribution & Retail (continued) | |||
Target Corp. (continued) | |||
2.35%, 02/15/30 | $ | 811 | $ 697,545 |
2.65%, 09/15/30 | 161 | 139,778 | |
4.50%, 09/15/32(b) | 672 | 636,654 | |
4.40%, 01/15/33(b) | 250 | 236,543 | |
Walmart, Inc. | |||
3.55%, 06/26/25 | 350 | 343,309 | |
3.90%, 09/09/25 | 1,300 | 1,277,924 | |
4.00%, 04/15/26(b) | 270 | 264,889 | |
3.05%, 07/08/26 | 350 | 335,744 | |
1.05%, 09/17/26 | 656 | 597,967 | |
5.88%, 04/05/27 | 800 | 822,702 | |
3.95%, 09/09/27(b) | 550 | 532,816 | |
3.90%, 04/15/28(b) | 320 | 308,519 | |
3.70%, 06/26/28(b) | 874 | 836,488 | |
1.50%, 09/22/28(b) | 739 | 640,844 | |
3.25%, 07/08/29 | 400 | 370,141 | |
7.55%, 02/15/30 | 278 | 317,086 | |
4.00%, 04/15/30 | 500 | 476,152 | |
1.80%, 09/22/31 | 1,182 | 952,541 | |
4.15%, 09/09/32(b) | 500 | 472,178 | |
4.10%, 04/15/33(b) | 1,000 | 934,703 | |
20,443,764 | |||
Containers & Packaging — 0.3% | |||
Amcor Finance USA, Inc. | |||
3.63%, 04/28/26(b) | 350 | 335,555 | |
4.50%, 05/15/28 | 250 | 239,773 | |
5.63%, 05/26/33(b) | 220 | 218,227 | |
Amcor Flexibles North America, Inc. | |||
4.00%, 05/17/25 | 313 | 306,707 | |
2.63%, 06/19/30 | 205 | 171,170 | |
2.69%, 05/25/31 | 213 | 175,188 | |
Berry Global, Inc. | |||
1.57%, 01/15/26 | 829 | 772,247 | |
1.65%, 01/15/27 | 413 | 372,428 | |
5.50%, 04/15/28(b) | 350 | 346,010 | |
5.65%, 01/15/34(a) | 424 | 409,496 | |
Packaging Corp. of America | |||
3.40%, 12/15/27 | 350 | 327,416 | |
3.00%, 12/15/29 | 388 | 341,744 | |
5.70%, 12/01/33 | 120 | 119,541 | |
Sonoco Products Co. | |||
2.25%, 02/01/27 | 88 | 80,739 | |
3.13%, 05/01/30(b) | 227 | 198,836 | |
2.85%, 02/01/32 | 179 | 147,247 | |
WestRock MWV LLC, 8.20%, 01/15/30 | 26 | 28,902 | |
WRKCo, Inc. | |||
4.65%, 03/15/26 | 320 | 313,969 | |
3.38%, 09/15/27 | 413 | 387,551 | |
4.00%, 03/15/28 | 829 | 783,266 | |
3.90%, 06/01/28 | 264 | 248,206 | |
4.90%, 03/15/29(b) | 829 | 808,156 | |
4.20%, 06/01/32 | 288 | 262,303 | |
3.00%, 06/15/33(b) | 450 | 366,271 | |
7,760,948 | |||
Distributors — 0.0% | |||
LKQ Corp. | |||
5.75%, 06/15/28 | 400 | 399,603 | |
6.25%, 06/15/33 | 350 | 352,083 | |
751,686 |
Security | Par (000) | Value | |
Diversified Consumer Services — 0.0% | |||
Cornell University, 4.84%, 06/15/34(b) | $ | 300 | $ 291,268 |
Emory University, Series 2020, 2.14%, 09/01/30 | 250 | 209,277 | |
Johns Hopkins University, 4.71%, 07/01/32(b) | 125 | 121,942 | |
Yale University, 1.48%, 04/15/30 | 98 | 79,452 | |
701,939 | |||
Diversified REITs — 2.6% | |||
Agree LP | |||
2.00%, 06/15/28 | 258 | 223,209 | |
2.90%, 10/01/30 | 258 | 217,245 | |
4.80%, 10/01/32 | 200 | 183,727 | |
American Assets Trust LP, 3.38%, 02/01/31 | 272 | 217,299 | |
American Homes 4 Rent LP | |||
4.25%, 02/15/28 | 200 | 189,440 | |
4.90%, 02/15/29 | 129 | 124,414 | |
2.38%, 07/15/31 | 200 | 158,475 | |
3.63%, 04/15/32 | 300 | 256,596 | |
5.50%, 02/01/34 | 225 | 216,957 | |
American Tower Corp. | |||
4.00%, 06/01/25 | 500 | 491,022 | |
1.30%, 09/15/25 | 300 | 282,801 | |
4.40%, 02/15/26 | 308 | 301,118 | |
1.60%, 04/15/26 | 421 | 389,449 | |
1.45%, 09/15/26 | 191 | 173,579 | |
3.38%, 10/15/26 | 675 | 641,159 | |
2.75%, 01/15/27 | 359 | 333,892 | |
3.13%, 01/15/27 | 270 | 253,028 | |
3.65%, 03/15/27 | 201 | 190,762 | |
3.55%, 07/15/27 | 500 | 469,783 | |
3.60%, 01/15/28 | 500 | 465,574 | |
1.50%, 01/31/28 | 243 | 208,918 | |
5.50%, 03/15/28 | 290 | 288,541 | |
5.25%, 07/15/28 | 200 | 197,195 | |
5.80%, 11/15/28 | 420 | 422,686 | |
5.20%, 02/15/29 | 600 | 588,999 | |
3.95%, 03/15/29 | 413 | 382,891 | |
3.80%, 08/15/29 | 1,063 | 972,363 | |
2.90%, 01/15/30 | 447 | 385,456 | |
2.10%, 06/15/30 | 309 | 252,135 | |
1.88%, 10/15/30 | 399 | 316,279 | |
2.70%, 04/15/31 | 496 | 409,705 | |
2.30%, 09/15/31 | 591 | 469,559 | |
4.05%, 03/15/32(b) | 366 | 327,024 | |
5.65%, 03/15/33 | 290 | 285,690 | |
5.55%, 07/15/33 | 524 | 511,738 | |
5.90%, 11/15/33 | 500 | 503,466 | |
5.45%, 02/15/34(b) | 400 | 388,617 | |
AvalonBay Communities, Inc. | |||
3.45%, 06/01/25 | 26 | 25,421 | |
3.50%, 11/15/25 | 251 | 243,720 | |
2.95%, 05/11/26 | 345 | 327,931 | |
2.90%, 10/15/26 | 251 | 235,989 | |
3.35%, 05/15/27 | 291 | 275,137 | |
3.20%, 01/15/28 | 159 | 147,486 | |
1.90%, 12/01/28 | 496 | 427,696 | |
3.30%, 06/01/29 | 191 | 173,004 | |
2.30%, 03/01/30 | 450 | 380,631 | |
2.45%, 01/15/31 | 691 | 578,214 | |
2.05%, 01/15/32(b) | 625 | 499,336 | |
5.00%, 02/15/33 | 75 | 71,839 | |
5.30%, 12/07/33 | 150 | 146,318 |
Security | Par (000) | Value | |
Diversified REITs (continued) | |||
Brixmor Operating Partnership LP | |||
4.13%, 06/15/26 | $ | 463 | $ 446,724 |
3.90%, 03/15/27 | 256 | 242,462 | |
2.25%, 04/01/28 | 270 | 236,066 | |
4.13%, 05/15/29 | 580 | 535,281 | |
4.05%, 07/01/30 | 400 | 362,152 | |
2.50%, 08/16/31 | 495 | 396,493 | |
5.50%, 02/15/34 | 125 | 119,308 | |
Broadstone Net Lease LLC, 2.60%, 09/15/31 | 220 | 170,871 | |
Camden Property Trust | |||
5.85%, 11/03/26(b) | 409 | 412,188 | |
4.10%, 10/15/28 | 258 | 245,397 | |
3.15%, 07/01/29 | 400 | 357,396 | |
2.80%, 05/15/30 | 615 | 530,751 | |
4.90%, 01/15/34 | 175 | 164,466 | |
Crown Castle, Inc. | |||
4.45%, 02/15/26 | 350 | 342,259 | |
3.70%, 06/15/26 | 209 | 200,656 | |
1.05%, 07/15/26 | 409 | 370,165 | |
4.00%, 03/01/27 | 829 | 792,824 | |
2.90%, 03/15/27 | 430 | 398,469 | |
3.65%, 09/01/27 | 600 | 562,312 | |
5.00%, 01/11/28 | 645 | 628,917 | |
3.80%, 02/15/28 | 409 | 381,517 | |
4.80%, 09/01/28 | 220 | 211,879 | |
4.30%, 02/15/29 | 450 | 423,100 | |
5.60%, 06/01/29 | 425 | 422,477 | |
3.10%, 11/15/29 | 400 | 349,505 | |
3.30%, 07/01/30 | 300 | 260,379 | |
2.25%, 01/15/31 | 829 | 666,655 | |
2.10%, 04/01/31 | 393 | 310,938 | |
2.50%, 07/15/31 | 500 | 403,450 | |
5.10%, 05/01/33 | 575 | 543,007 | |
5.80%, 03/01/34 | 350 | 346,687 | |
CubeSmart LP | |||
2.25%, 12/15/28 | 207 | 178,655 | |
4.38%, 02/15/29 | 252 | 237,274 | |
3.00%, 02/15/30 | 93 | 80,299 | |
2.00%, 02/15/31 | 413 | 323,757 | |
2.50%, 02/15/32 | 350 | 278,340 | |
Digital Realty Trust LP | |||
3.70%, 08/15/27 | 829 | 783,619 | |
5.55%, 01/15/28 | 685 | 682,152 | |
4.45%, 07/15/28 | 350 | 334,224 | |
3.60%, 07/01/29(b) | 620 | 561,612 | |
EPR Properties | |||
4.75%, 12/15/26 | 225 | 215,812 | |
4.50%, 06/01/27 | 225 | 212,052 | |
4.95%, 04/15/28 | 225 | 211,455 | |
3.75%, 08/15/29 | 225 | 195,345 | |
3.60%, 11/15/31 | 250 | 202,947 | |
Equinix, Inc. | |||
1.25%, 07/15/25 | 393 | 371,553 | |
1.00%, 09/15/25 | 829 | 775,506 | |
1.45%, 05/15/26 | 325 | 298,206 | |
2.90%, 11/18/26 | 446 | 416,731 | |
1.80%, 07/15/27 | 372 | 330,886 | |
1.55%, 03/15/28 | 691 | 593,008 | |
2.00%, 05/15/28 | 308 | 267,182 | |
3.20%, 11/18/29 | 892 | 786,465 | |
2.15%, 07/15/30 | 817 | 665,853 | |
2.50%, 05/15/31 | 819 | 667,828 |
Security | Par (000) | Value | |
Diversified REITs (continued) | |||
Equinix, Inc. (continued) | |||
3.90%, 04/15/32 | $ | 800 | $ 707,537 |
ERP Operating LP | |||
2.85%, 11/01/26 | 381 | 357,800 | |
3.25%, 08/01/27 | 413 | 385,680 | |
3.50%, 03/01/28 | 179 | 167,627 | |
4.15%, 12/01/28 | 305 | 290,366 | |
3.00%, 07/01/29 | 607 | 541,735 | |
2.50%, 02/15/30 | 333 | 284,848 | |
1.85%, 08/01/31 | 229 | 181,655 | |
Essex Portfolio LP | |||
3.38%, 04/15/26 | 200 | 191,291 | |
3.63%, 05/01/27 | 150 | 141,341 | |
1.70%, 03/01/28 | 210 | 181,054 | |
4.00%, 03/01/29 | 179 | 166,405 | |
3.00%, 01/15/30 | 384 | 332,637 | |
2.55%, 06/15/31 | 410 | 332,365 | |
2.65%, 03/15/32 | 300 | 240,940 | |
5.50%, 04/01/34 | 125 | 120,949 | |
Extra Space Storage LP | |||
3.50%, 07/01/26 | 362 | 345,726 | |
3.88%, 12/15/27 | 274 | 257,192 | |
5.70%, 04/01/28 | 312 | 311,917 | |
3.90%, 04/01/29 | 286 | 263,618 | |
4.00%, 06/15/29 | 129 | 119,214 | |
5.50%, 07/01/30 | 540 | 532,220 | |
2.20%, 10/15/30 | 61 | 49,188 | |
5.90%, 01/15/31 | 374 | 375,839 | |
2.55%, 06/01/31 | 413 | 334,739 | |
2.40%, 10/15/31 | 355 | 281,850 | |
2.35%, 03/15/32 | 205 | 159,961 | |
5.40%, 02/01/34 | 225 | 215,473 | |
Federal Realty OP LP | |||
3.25%, 07/15/27 | 413 | 383,950 | |
5.38%, 05/01/28 | 160 | 158,180 | |
3.50%, 06/01/30 | 660 | 583,149 | |
GLP Capital LP/GLP Financing II, Inc. | |||
5.25%, 06/01/25 | 329 | 325,946 | |
5.38%, 04/15/26 | 752 | 742,403 | |
5.75%, 06/01/28 | 340 | 335,844 | |
5.30%, 01/15/29 | 829 | 804,784 | |
4.00%, 01/15/30 | 311 | 278,513 | |
4.00%, 01/15/31 | 400 | 350,262 | |
3.25%, 01/15/32 | 450 | 368,081 | |
6.75%, 12/01/33 | 309 | 316,586 | |
Invitation Homes Operating Partnership LP | |||
2.30%, 11/15/28 | 491 | 424,864 | |
5.45%, 08/15/30 | 300 | 293,600 | |
2.00%, 08/15/31 | 330 | 255,046 | |
4.15%, 04/15/32 | 296 | 263,649 | |
5.50%, 08/15/33 | 530 | 512,329 | |
2.70%, 01/15/34 | 262 | 201,561 | |
Kimco Realty OP LLC | |||
2.80%, 10/01/26 | 413 | 387,889 | |
3.80%, 04/01/27 | 250 | 238,606 | |
1.90%, 03/01/28 | 266 | 232,574 | |
2.70%, 10/01/30 | 350 | 293,998 | |
2.25%, 12/01/31 | 163 | 127,654 | |
3.20%, 04/01/32 | 500 | 418,908 | |
4.60%, 02/01/33 | 260 | 237,962 | |
6.40%, 03/01/34 | 125 | 129,337 |
Security | Par (000) | Value | |
Diversified REITs (continued) | |||
Kite Realty Group Trust, 4.75%, 09/15/30 | $ | 200 | $ 186,886 |
Mid-America Apartments LP | |||
4.00%, 11/15/25 | 250 | 243,934 | |
1.10%, 09/15/26(b) | 198 | 178,693 | |
3.60%, 06/01/27 | 413 | 392,101 | |
4.20%, 06/15/28 | 296 | 283,718 | |
3.95%, 03/15/29 | 413 | 388,543 | |
2.75%, 03/15/30 | 163 | 141,125 | |
1.70%, 02/15/31 | 378 | 296,612 | |
5.00%, 03/15/34 | 125 | 118,682 | |
Phillips Edison Grocery Center Operating Partnership I LP, 2.63%, 11/15/31 | 95 | 75,188 | |
Prologis LP | |||
3.25%, 06/30/26 | 413 | 394,974 | |
3.25%, 10/01/26 | 266 | 253,293 | |
2.13%, 04/15/27 | 350 | 319,299 | |
3.38%, 12/15/27 | 316 | 295,707 | |
4.88%, 06/15/28 | 527 | 518,668 | |
3.88%, 09/15/28 | 250 | 236,057 | |
4.00%, 09/15/28 | 200 | 189,557 | |
4.38%, 02/01/29 | 261 | 250,596 | |
2.88%, 11/15/29 | 447 | 394,372 | |
2.25%, 04/15/30 | 703 | 591,173 | |
1.75%, 07/01/30 | 243 | 195,838 | |
1.25%, 10/15/30(b) | 628 | 488,578 | |
1.75%, 02/01/31 | 191 | 151,791 | |
1.63%, 03/15/31 | 282 | 220,235 | |
2.25%, 01/15/32 | 210 | 167,331 | |
4.63%, 01/15/33 | 465 | 436,071 | |
4.75%, 06/15/33 | 505 | 476,671 | |
5.13%, 01/15/34 | 506 | 488,148 | |
5.00%, 03/15/34 | 671 | 642,137 | |
Public Storage, 2.30%, 05/01/31 | 475 | 388,558 | |
Public Storage Operating Co. | |||
0.88%, 02/15/26 | 366 | 337,564 | |
1.50%, 11/09/26 | 657 | 598,288 | |
3.09%, 09/15/27 | 366 | 341,112 | |
1.85%, 05/01/28 | 474 | 415,096 | |
1.95%, 11/09/28 | 642 | 555,496 | |
5.13%, 01/15/29(b) | 405 | 402,460 | |
3.39%, 05/01/29 | 366 | 335,006 | |
2.25%, 11/09/31 | 408 | 327,200 | |
5.10%, 08/01/33 | 460 | 445,633 | |
Rayonier LP, 2.75%, 05/17/31 | 241 | 194,532 | |
Regency Centers LP | |||
3.60%, 02/01/27 | 350 | 334,124 | |
2.95%, 09/15/29 | 179 | 157,384 | |
3.70%, 06/15/30 | 413 | 371,505 | |
5.25%, 01/15/34 | 250 | 239,028 | |
Rexford Industrial Realty LP | |||
5.00%, 06/15/28 | 120 | 117,095 | |
2.13%, 12/01/30 | 329 | 262,056 | |
2.15%, 09/01/31(b) | 366 | 286,228 | |
Safehold GL Holdings LLC | |||
2.80%, 06/15/31 | 129 | 105,563 | |
6.10%, 04/01/34 | 75 | 72,570 | |
SITE Centers Corp. | |||
4.25%, 02/01/26 | 163 | 159,594 | |
4.70%, 06/01/27 | 350 | 342,301 | |
Store Capital LLC | |||
4.50%, 03/15/28 | 300 | 279,279 |
Security | Par (000) | Value | |
Diversified REITs (continued) | |||
Store Capital LLC (continued) | |||
2.70%, 12/01/31 | $ | 413 | $ 319,330 |
Sun Communities Operating LP | |||
2.30%, 11/01/28 | 231 | 198,589 | |
5.50%, 01/15/29 | 150 | 147,408 | |
2.70%, 07/15/31 | 307 | 247,561 | |
4.20%, 04/15/32 | 201 | 176,001 | |
5.70%, 01/15/33 | 250 | 241,724 | |
UDR, Inc. | |||
4.40%, 01/26/29 | 129 | 122,489 | |
3.20%, 01/15/30 | 413 | 366,605 | |
3.00%, 08/15/31 | 413 | 349,927 | |
2.10%, 08/01/32 | 274 | 207,556 | |
1.90%, 03/15/33 | 350 | 258,430 | |
2.10%, 06/15/33 | 300 | 221,260 | |
VICI Properties LP | |||
4.38%, 05/15/25 | 64 | 62,892 | |
4.75%, 02/15/28 | 868 | 833,678 | |
4.95%, 02/15/30(b) | 776 | 735,850 | |
5.13%, 05/15/32 | 950 | 882,653 | |
5.75%, 04/01/34 | 300 | 288,688 | |
Weyerhaeuser Co. | |||
4.75%, 05/15/26 | 300 | 295,339 | |
4.00%, 11/15/29 | 829 | 766,482 | |
4.00%, 04/15/30 | 500 | 460,888 | |
7.38%, 03/15/32(b) | 403 | 446,486 | |
3.38%, 03/09/33 | 250 | 211,063 | |
WP Carey, Inc. | |||
3.85%, 07/15/29 | 393 | 362,428 | |
2.40%, 02/01/31 | 304 | 246,843 | |
2.45%, 02/01/32 | 572 | 448,201 | |
2.25%, 04/01/33 | 258 | 192,020 | |
79,439,908 | |||
Diversified Telecommunication Services — 1.7% | |||
AT&T, Inc. | |||
5.54%, 02/20/26(b) | 700 | 698,059 | |
1.70%, 03/25/26 | 2,654 | 2,471,544 | |
3.80%, 02/15/27 | 450 | 431,015 | |
4.25%, 03/01/27 | 2,000 | 1,942,534 | |
2.30%, 06/01/27 | 1,350 | 1,231,211 | |
1.65%, 02/01/28 | 1,150 | 1,004,912 | |
4.10%, 02/15/28 | 928 | 885,900 | |
4.35%, 03/01/29 | 1,818 | 1,734,645 | |
4.30%, 02/15/30 | 1,904 | 1,789,560 | |
2.75%, 06/01/31 | 1,619 | 1,354,855 | |
2.25%, 02/01/32 | 1,400 | 1,105,722 | |
2.55%, 12/01/33 | 2,300 | 1,775,316 | |
5.40%, 02/15/34(b) | 1,500 | 1,465,566 | |
Bell Telephone Co. of Canada or Bell Canada | |||
2.15%, 02/15/32 | 413 | 322,469 | |
5.10%, 05/11/33(b) | 592 | 567,542 | |
5.20%, 02/15/34 | 300 | 287,252 | |
British Telecommunications PLC | |||
5.13%, 12/04/28 | 478 | 470,571 | |
9.63%, 12/15/30 | 1,476 | 1,764,372 | |
Deutsche Telekom International Finance BV | |||
8.75%, 06/15/30 | 2,534 | 2,921,840 | |
9.25%, 06/01/32 | 362 | 444,295 | |
Koninklijke KPN NV, 8.38%, 10/01/30 | 350 | 399,095 | |
KT Corp., 4.00%, 08/08/25(a)(b) | 400 | 391,250 | |
Sprint Capital Corp. | |||
6.88%, 11/15/28 | 1,450 | 1,518,418 |
Security | Par (000) | Value | |
Diversified Telecommunication Services (continued) | |||
Sprint Capital Corp. (continued) | |||
8.75%, 03/15/32 | $ | 1,000 | $ 1,180,741 |
Telefonica Emisiones SA, 4.10%, 03/08/27 | 615 | 591,689 | |
Telefonica Europe BV, 8.25%, 09/15/30 | 525 | 587,712 | |
TELUS Corp. | |||
2.80%, 02/16/27 | 400 | 372,259 | |
3.70%, 09/15/27 | 400 | 378,243 | |
3.40%, 05/13/32 | 360 | 306,156 | |
Verizon Communications, Inc. | |||
0.85%, 11/20/25 | 919 | 854,614 | |
1.45%, 03/20/26 | 1,171 | 1,087,745 | |
2.63%, 08/15/26 | 1,141 | 1,072,671 | |
4.13%, 03/16/27(b) | 1,985 | 1,921,117 | |
3.00%, 03/22/27 | 700 | 656,182 | |
2.10%, 03/22/28 | 1,832 | 1,622,134 | |
4.33%, 09/21/28 | 2,545 | 2,438,633 | |
3.88%, 02/08/29 | 409 | 383,140 | |
4.02%, 12/03/29 | 2,589 | 2,412,641 | |
3.15%, 03/22/30 | 829 | 731,612 | |
1.50%, 09/18/30 | 450 | 358,312 | |
1.68%, 10/30/30 | 459 | 364,598 | |
7.75%, 12/01/30 | 367 | 412,407 | |
1.75%, 01/20/31 | 1,373 | 1,084,104 | |
2.55%, 03/21/31 | 2,423 | 2,010,791 | |
2.36%, 03/15/32 | 3,006 | 2,398,375 | |
5.05%, 05/09/33 | 1,245 | 1,204,163 | |
4.50%, 08/10/33 | 1,304 | 1,204,022 | |
52,612,004 | |||
Electric Utilities — 5.4% | |||
AEP Texas, Inc. | |||
3.95%, 06/01/28 | 413 | 386,681 | |
2.10%, 07/01/30 | 600 | 489,741 | |
4.70%, 05/15/32 | 130 | 120,528 | |
5.40%, 06/01/33 | 445 | 428,866 | |
AEP Transmission Co. LLC | |||
3.10%, 12/01/26 | 413 | 390,003 | |
5.15%, 04/01/34 | 95 | 91,416 | |
AES Corp. | |||
1.38%, 01/15/26 | 829 | 767,682 | |
5.45%, 06/01/28 | 320 | 315,109 | |
2.45%, 01/15/31 | 413 | 332,224 | |
Alabama Power Co. | |||
3.75%, 09/01/27 | 300 | 284,918 | |
1.45%, 09/15/30 | 179 | 141,244 | |
3.05%, 03/15/32 | 600 | 510,863 | |
3.94%, 09/01/32 | 300 | 270,937 | |
5.85%, 11/15/33 | 125 | 127,482 | |
Ameren Corp. | |||
5.70%, 12/01/26 | 300 | 300,705 | |
1.95%, 03/15/27 | 637 | 578,211 | |
1.75%, 03/15/28 | 300 | 261,353 | |
5.00%, 01/15/29 | 250 | 243,824 | |
3.50%, 01/15/31(b) | 829 | 730,218 | |
Ameren Illinois Co. | |||
3.85%, 09/01/32 | 200 | 177,748 | |
4.95%, 06/01/33 | 250 | 239,172 | |
American Electric Power Co., Inc. | |||
5.70%, 08/15/25 | 450 | 448,647 | |
1.00%, 11/01/25 | 413 | 384,460 | |
5.75%, 11/01/27 | 400 | 403,849 | |
3.20%, 11/13/27 | 260 | 240,604 | |
4.30%, 12/01/28 | 413 | 392,598 |
Security | Par (000) | Value | |
Electric Utilities (continued) | |||
American Electric Power Co., Inc. (continued) | |||
5.20%, 01/15/29 | $ | 775 | $ 762,566 |
2.30%, 03/01/30 | 225 | 186,797 | |
5.95%, 11/01/32 | 200 | 202,084 | |
5.63%, 03/01/33 | 678 | 662,740 | |
Appalachian Power Co. | |||
4.50%, 08/01/32 | 400 | 364,167 | |
5.65%, 04/01/34 | 225 | 218,585 | |
2.70%, 04/01/31 | 250 | 205,828 | |
Arizona Public Service Co. | |||
3.15%, 05/15/25 | 163 | 158,808 | |
2.60%, 08/15/29 | 413 | 359,473 | |
2.20%, 12/15/31 | 129 | 102,116 | |
6.35%, 12/15/32 | 300 | 311,295 | |
5.55%, 08/01/33 | 175 | 171,544 | |
Avangrid, Inc., 3.80%, 06/01/29 | 400 | 364,871 | |
Baltimore Gas and Electric Co. | |||
2.40%, 08/15/26 | 129 | 121,256 | |
2.25%, 06/15/31(b) | 239 | 195,784 | |
Berkshire Hathaway Energy Co. | |||
3.25%, 04/15/28 | 413 | 382,589 | |
3.70%, 07/15/30 | 733 | 668,447 | |
1.65%, 05/15/31 | 699 | 543,031 | |
Black Hills Corp. | |||
3.95%, 01/15/26 | 130 | 126,063 | |
5.95%, 03/15/28 | 200 | 203,147 | |
3.05%, 10/15/29(b) | 342 | 299,748 | |
4.35%, 05/01/33 | 220 | 193,975 | |
CenterPoint Energy Houston Electric LLC | |||
5.20%, 10/01/28 | 415 | 413,628 | |
2.35%, 04/01/31 | 332 | 274,625 | |
4.45%, 10/01/32 | 414 | 385,498 | |
4.95%, 04/01/33 | 560 | 537,125 | |
5.15%, 03/01/34 | 160 | 155,269 | |
CenterPoint Energy, Inc. | |||
1.45%, 06/01/26 | 156 | 143,474 | |
5.25%, 08/10/26 | 150 | 149,011 | |
2.95%, 03/01/30 | 129 | 112,030 | |
2.65%, 06/01/31 | 670 | 552,250 | |
Cleco Corporate Holdings LLC, 3.74%, 05/01/26 | 413 | 394,877 | |
CMS Energy Corp. | |||
3.45%, 08/15/27 | 129 | 121,955 | |
(5-year CMT + 4.12%), 4.75%, 06/01/50(d) | 300 | 270,980 | |
Commonwealth Edison Co. | |||
2.55%, 06/15/26 | 163 | 154,154 | |
3.70%, 08/15/28 | 413 | 388,028 | |
4.90%, 02/01/33 | 120 | 115,211 | |
Connecticut Light and Power Co. | |||
3.20%, 03/15/27 | 413 | 390,362 | |
4.65%, 01/01/29 | 200 | 194,573 | |
2.05%, 07/01/31 | 660 | 526,821 | |
4.90%, 07/01/33 | 150 | 143,040 | |
Consolidated Edison Co. of New York, Inc. | |||
3.80%, 05/15/28(b) | 413 | 392,126 | |
4.00%, 12/01/28 | 413 | 393,087 | |
3.35%, 04/01/30 | 193 | 173,550 | |
2.40%, 06/15/31(b) | 829 | 684,831 | |
5.20%, 03/01/33(b) | 200 | 196,945 | |
5.50%, 03/15/34 | 300 | 299,049 | |
Constellation Energy Generation LLC | |||
3.25%, 06/01/25 | 350 | 340,898 | |
5.60%, 03/01/28 | 530 | 530,420 | |
5.80%, 03/01/33 | 200 | 199,900 |
Security | Par (000) | Value | |
Electric Utilities (continued) | |||
Constellation Energy Generation LLC (continued) | |||
6.13%, 01/15/34 | $ | 175 | $ 179,071 |
Consumers Energy Co. | |||
4.65%, 03/01/28 | 250 | 244,208 | |
3.80%, 11/15/28 | 200 | 187,751 | |
4.90%, 02/15/29 | 290 | 285,104 | |
4.60%, 05/30/29(b) | 377 | 365,166 | |
3.60%, 08/15/32 | 255 | 224,107 | |
4.63%, 05/15/33 | 350 | 328,579 | |
Dominion Energy South Carolina, Inc. | |||
2.30%, 12/01/31 | 130 | 104,756 | |
5.30%, 05/15/33 | 200 | 194,984 | |
Dominion Energy, Inc. | |||
3.90%, 10/01/25 | 259 | 252,622 | |
1.45%, 04/15/26 | 580 | 534,949 | |
4.25%, 06/01/28 | 250 | 238,374 | |
3.38%, 04/01/30 | 1,093 | 968,167 | |
2.25%, 08/15/31 | 388 | 309,035 | |
4.35%, 08/15/32(b) | 500 | 455,643 | |
5.38%, 11/15/32(b) | 500 | 486,389 | |
5.25%, 08/01/33 | 300 | 286,763 | |
DTE Electric Co. | |||
4.85%, 12/01/26(b) | 396 | 392,315 | |
1.90%, 04/01/28 | 413 | 364,430 | |
2.25%, 03/01/30(b) | 428 | 361,486 | |
2.63%, 03/01/31(b) | 300 | 253,197 | |
3.00%, 03/01/32 | 279 | 235,622 | |
5.20%, 04/01/33 | 300 | 294,389 | |
5.20%, 03/01/34 | 275 | 267,241 | |
DTE Energy Co. | |||
1.05%, 06/01/25 | 741 | 704,234 | |
2.85%, 10/01/26 | 276 | 259,309 | |
4.88%, 06/01/28 | 500 | 486,450 | |
5.10%, 03/01/29 | 450 | 439,323 | |
3.40%, 06/15/29 | 581 | 522,139 | |
2.95%, 03/01/30 | 79 | 67,994 | |
Duke Energy Carolinas LLC | |||
2.95%, 12/01/26 | 430 | 405,944 | |
3.95%, 11/15/28 | 450 | 425,918 | |
6.00%, 12/01/28 | 413 | 426,661 | |
2.45%, 08/15/29 | 400 | 346,917 | |
2.45%, 02/01/30 | 329 | 281,628 | |
2.55%, 04/15/31 | 225 | 188,624 | |
2.85%, 03/15/32 | 458 | 382,914 | |
4.95%, 01/15/33 | 1,335 | 1,284,890 | |
4.85%, 01/15/34 | 200 | 189,865 | |
Duke Energy Corp. | |||
0.90%, 09/15/25 | 222 | 207,917 | |
5.00%, 12/08/25 | 65 | 64,428 | |
2.65%, 09/01/26(b) | 1,207 | 1,131,037 | |
4.85%, 01/05/27 | 200 | 196,938 | |
3.15%, 08/15/27(b) | 413 | 384,333 | |
5.00%, 12/08/27 | 210 | 206,831 | |
4.30%, 03/15/28 | 584 | 560,750 | |
4.85%, 01/05/29 | 200 | 194,326 | |
3.40%, 06/15/29 | 388 | 352,440 | |
2.45%, 06/01/30 | 684 | 576,201 | |
2.55%, 06/15/31 | 829 | 681,835 | |
4.50%, 08/15/32 | 746 | 686,793 | |
5.75%, 09/15/33(b) | 375 | 373,544 | |
(5-year CMT + 2.32%), 3.25%, 01/15/82(d) | 516 | 450,765 | |
Duke Energy Florida LLC | |||
3.20%, 01/15/27 | 400 | 377,966 |
Security | Par (000) | Value | |
Electric Utilities (continued) | |||
Duke Energy Florida LLC (continued) | |||
3.80%, 07/15/28 | $ | 422 | $ 399,332 |
2.50%, 12/01/29 | 286 | 247,585 | |
1.75%, 06/15/30 | 388 | 314,794 | |
2.40%, 12/15/31 | 679 | 554,120 | |
5.88%, 11/15/33 | 501 | 512,015 | |
Duke Energy Indiana LLC, 5.25%, 03/01/34 | 175 | 170,914 | |
Duke Energy Ohio, Inc., 5.25%, 04/01/33 | 130 | 126,838 | |
Duke Energy Progress LLC | |||
3.25%, 08/15/25 | 358 | 348,260 | |
3.70%, 09/01/28 | 300 | 281,421 | |
3.45%, 03/15/29 | 413 | 380,533 | |
2.00%, 08/15/31 | 426 | 337,840 | |
3.40%, 04/01/32 | 313 | 271,427 | |
5.25%, 03/15/33 | 120 | 117,746 | |
5.10%, 03/15/34 | 200 | 193,026 | |
Edison International | |||
4.70%, 08/15/25 | 300 | 295,467 | |
5.75%, 06/15/27 | 470 | 469,986 | |
4.13%, 03/15/28 | 179 | 168,402 | |
5.25%, 11/15/28 | 730 | 714,760 | |
6.95%, 11/15/29 | 245 | 257,266 | |
Emera U.S. Finance LP | |||
3.55%, 06/15/26 | 240 | 228,596 | |
2.64%, 06/15/31 | 145 | 116,555 | |
Enel Americas SA, 4.00%, 10/25/26 | 276 | 264,097 | |
Enel Chile SA, 4.88%, 06/12/28(b) | 400 | 380,500 | |
Entergy Arkansas LLC | |||
3.50%, 04/01/26 | 350 | 338,216 | |
5.15%, 01/15/33 | 300 | 291,427 | |
5.30%, 09/15/33 | 200 | 194,868 | |
Entergy Corp. | |||
0.90%, 09/15/25 | 549 | 514,729 | |
2.95%, 09/01/26 | 829 | 781,423 | |
1.90%, 06/15/28 | 329 | 285,490 | |
2.80%, 06/15/30 | 231 | 197,031 | |
2.40%, 06/15/31 | 496 | 401,325 | |
Entergy Louisiana LLC | |||
3.25%, 04/01/28 | 500 | 462,144 | |
1.60%, 12/15/30 | 243 | 190,320 | |
2.35%, 06/15/32 | 250 | 197,881 | |
4.00%, 03/15/33 | 600 | 534,090 | |
5.35%, 03/15/34 | 450 | 436,455 | |
Entergy Mississippi LLC | |||
2.85%, 06/01/28 | 413 | 375,830 | |
5.00%, 09/01/33 | 40 | 38,045 | |
Entergy Texas, Inc., 1.75%, 03/15/31 | 350 | 275,830 | |
Evergy Kansas Central, Inc. | |||
2.55%, 07/01/26 | 288 | 271,180 | |
5.90%, 11/15/33 | 150 | 151,965 | |
Evergy Metro, Inc. | |||
3.65%, 08/15/25 | 97 | 94,607 | |
4.95%, 04/15/33 | 115 | 109,289 | |
5.40%, 04/01/34 | 175 | 170,841 | |
Evergy, Inc., 2.90%, 09/15/29 | 413 | 361,931 | |
Eversource Energy | |||
0.80%, 08/15/25 | 660 | 618,174 | |
4.75%, 05/15/26 | 70 | 68,715 | |
1.40%, 08/15/26 | 413 | 374,560 | |
5.00%, 01/01/27 | 175 | 172,134 | |
2.90%, 03/01/27 | 313 | 290,469 | |
4.60%, 07/01/27 | 400 | 387,934 |
Security | Par (000) | Value | |
Electric Utilities (continued) | |||
Eversource Energy (continued) | |||
3.30%, 01/15/28 | $ | 143 | $ 131,536 |
5.45%, 03/01/28 | 765 | 758,952 | |
5.95%, 02/01/29 | 350 | 353,994 | |
4.25%, 04/01/29 | 193 | 181,059 | |
1.65%, 08/15/30 | 400 | 313,550 | |
2.55%, 03/15/31 | 413 | 336,929 | |
5.85%, 04/15/31 | 450 | 448,022 | |
3.38%, 03/01/32 | 313 | 263,768 | |
5.13%, 05/15/33 | 400 | 377,227 | |
5.50%, 01/01/34(b) | 400 | 385,026 | |
5.95%, 07/15/34 | 450 | 446,738 | |
Exelon Corp. | |||
3.95%, 06/15/25 | 620 | 607,912 | |
3.40%, 04/15/26 | 620 | 595,579 | |
2.75%, 03/15/27 | 347 | 321,235 | |
5.15%, 03/15/28 | 550 | 542,704 | |
5.15%, 03/15/29 | 385 | 378,433 | |
4.05%, 04/15/30 | 829 | 765,110 | |
3.35%, 03/15/32 | 650 | 556,885 | |
5.30%, 03/15/33(b) | 622 | 605,343 | |
5.45%, 03/15/34 | 474 | 460,705 | |
FirstEnergy Corp., 4.15%, 07/15/27 | 900 | 847,953 | |
Florida Power & Light Co. | |||
3.13%, 12/01/25 | 413 | 399,115 | |
4.45%, 05/15/26 | 115 | 113,172 | |
5.05%, 04/01/28 | 1,305 | 1,297,770 | |
4.40%, 05/15/28 | 470 | 455,825 | |
4.63%, 05/15/30 | 180 | 174,431 | |
2.45%, 02/03/32 | 919 | 751,006 | |
5.10%, 04/01/33 | 290 | 282,712 | |
4.80%, 05/15/33 | 315 | 299,939 | |
Fortis, Inc./Canada, 3.06%, 10/04/26 | 829 | 780,768 | |
Georgia Power Co. | |||
5.00%, 02/23/27 | 85 | 84,214 | |
3.25%, 03/30/27 | 250 | 234,854 | |
4.65%, 05/16/28 | 400 | 388,893 | |
2.65%, 09/15/29 | 229 | 200,049 | |
4.70%, 05/15/32 | 430 | 407,057 | |
4.95%, 05/17/33 | 754 | 717,812 | |
5.25%, 03/15/34 | 727 | 707,264 | |
Interstate Power and Light Co. | |||
4.10%, 09/26/28 | 225 | 212,820 | |
2.30%, 06/01/30 | 400 | 333,046 | |
5.70%, 10/15/33 | 150 | 149,220 | |
IPALCO Enterprises, Inc. | |||
4.25%, 05/01/30 | 179 | 164,266 | |
5.75%, 04/01/34(a) | 250 | 240,616 | |
ITC Holdings Corp. | |||
3.25%, 06/30/26 | 129 | 122,942 | |
3.35%, 11/15/27 | 350 | 325,832 | |
Kentucky Utilities Co., 5.45%, 04/15/33 | 175 | 173,678 | |
Louisville Gas and Electric Co., 5.45%, 04/15/33 | 95 | 94,031 | |
MidAmerican Energy Co. | |||
3.10%, 05/01/27 | 274 | 257,345 | |
3.65%, 04/15/29 | 763 | 708,399 | |
6.75%, 12/30/31 | 291 | 319,806 | |
5.35%, 01/15/34(b) | 175 | 174,298 | |
Mississippi Power Co., 3.95%, 03/30/28 | 300 | 283,856 | |
National Grid PLC | |||
5.60%, 06/12/28 | 500 | 499,544 | |
5.81%, 06/12/33 | 550 | 544,728 |
Security | Par (000) | Value | |
Electric Utilities (continued) | |||
National Grid PLC (continued) | |||
5.42%, 01/11/34 | $ | 595 | $ 572,114 |
National Rural Utilities Cooperative Finance Corp. | |||
3.45%, 06/15/25 | 130 | 126,847 | |
5.45%, 10/30/25 | 100 | 99,830 | |
4.45%, 03/13/26 | 100 | 98,344 | |
1.00%, 06/15/26(b) | 600 | 547,417 | |
5.60%, 11/13/26 | 150 | 150,442 | |
4.80%, 02/05/27(b) | 250 | 248,020 | |
3.40%, 02/07/28 | 809 | 755,718 | |
4.80%, 03/15/28 | 215 | 211,450 | |
5.05%, 09/15/28 | 175 | 173,000 | |
4.85%, 02/07/29 | 250 | 244,417 | |
3.70%, 03/15/29 | 600 | 557,164 | |
2.40%, 03/15/30 | 686 | 579,086 | |
5.00%, 02/07/31 | 200 | 194,181 | |
1.35%, 03/15/31 | 200 | 152,606 | |
1.65%, 06/15/31 | 500 | 388,113 | |
2.75%, 04/15/32 | 413 | 339,973 | |
4.02%, 11/01/32 | 600 | 536,413 | |
4.15%, 12/15/32(b) | 200 | 180,362 | |
5.80%, 01/15/33 | 175 | 177,405 | |
(5-year CMT + 3.53%), 7.13%, 09/15/53(d) | 200 | 203,346 | |
Nevada Power Co. | |||
3.70%, 05/01/29 | 272 | 253,357 | |
2.40%, 05/01/30 | 329 | 276,840 | |
NextEra Energy Capital Holdings, Inc. | |||
4.45%, 06/20/25 | 300 | 295,741 | |
5.75%, 09/01/25 | 1,037 | 1,037,664 | |
4.95%, 01/29/26 | 500 | 495,506 | |
1.88%, 01/15/27 | 736 | 668,940 | |
3.55%, 05/01/27 | 829 | 783,616 | |
4.63%, 07/15/27 | 1,000 | 973,960 | |
4.90%, 02/28/28 | 804 | 786,781 | |
1.90%, 06/15/28 | 816 | 709,405 | |
4.90%, 03/15/29 | 500 | 486,930 | |
3.50%, 04/01/29 | 1,000 | 913,111 | |
2.75%, 11/01/29 | 609 | 530,945 | |
5.00%, 02/28/30 | 500 | 488,416 | |
2.25%, 06/01/30 | 1,058 | 878,227 | |
2.44%, 01/15/32 | 849 | 681,708 | |
5.00%, 07/15/32(b) | 670 | 644,167 | |
5.05%, 02/28/33 | 500 | 479,350 | |
5.25%, 03/15/34 | 800 | 767,571 | |
Northern States Power Co., 2.25%, 04/01/31 | 100 | 81,892 | |
NSTAR Electric Co., 3.20%, 05/15/27 | 322 | 303,744 | |
Ohio Power Co. | |||
2.60%, 04/01/30 | 264 | 224,872 | |
1.63%, 01/15/31 | 359 | 278,648 | |
5.00%, 06/01/33 | 70 | 66,700 | |
Oklahoma Gas and Electric Co. | |||
3.80%, 08/15/28 | 268 | 253,013 | |
3.25%, 04/01/30 | 79 | 69,862 | |
5.40%, 01/15/33 | 200 | 197,398 | |
Oncor Electric Delivery Co. LLC | |||
0.55%, 10/01/25 | 480 | 447,844 | |
4.30%, 05/15/28 | 488 | 469,962 | |
3.70%, 11/15/28 | 293 | 273,794 | |
2.75%, 05/15/30 | 829 | 717,529 | |
7.00%, 05/01/32 | 800 | 873,990 | |
4.15%, 06/01/32 | 296 | 270,601 | |
4.55%, 09/15/32 | 519 | 486,782 | |
7.25%, 01/15/33 | 263 | 292,345 |
Security | Par (000) | Value | |
Electric Utilities (continued) | |||
Oncor Electric Delivery Co. LLC (continued) | |||
5.65%, 11/15/33 | $ | 651 | $ 653,940 |
Pacific Gas and Electric Co. | |||
4.95%, 06/08/25 | 500 | 494,021 | |
3.45%, 07/01/25 | 800 | 777,543 | |
3.15%, 01/01/26 | 1,109 | 1,060,229 | |
2.95%, 03/01/26 | 326 | 309,385 | |
5.45%, 06/15/27 | 500 | 496,816 | |
2.10%, 08/01/27 | 483 | 430,196 | |
3.30%, 12/01/27 | 655 | 601,664 | |
3.00%, 06/15/28 | 516 | 464,309 | |
3.75%, 07/01/28 | 550 | 506,784 | |
6.10%, 01/15/29 | 565 | 569,602 | |
4.20%, 03/01/29 | 620 | 578,101 | |
5.55%, 05/15/29 | 400 | 395,598 | |
4.55%, 07/01/30(b) | 1,659 | 1,539,837 | |
2.50%, 02/01/31 | 1,243 | 1,007,804 | |
3.25%, 06/01/31 | 550 | 465,220 | |
4.40%, 03/01/32 | 143 | 128,507 | |
5.90%, 06/15/32(b) | 850 | 839,495 | |
6.15%, 01/15/33 | 170 | 170,156 | |
6.40%, 06/15/33 | 590 | 600,339 | |
6.95%, 03/15/34 | 435 | 459,720 | |
5.80%, 05/15/34 | 400 | 390,561 | |
PacifiCorp | |||
5.10%, 02/15/29(b) | 300 | 296,326 | |
7.70%, 11/15/31 | 400 | 449,457 | |
5.45%, 02/15/34 | 684 | 656,800 | |
PacifiCorp., 5.30%, 02/15/31 | 300 | 293,124 | |
PECO Energy Co. | |||
3.15%, 10/15/25 | 254 | 246,170 | |
4.90%, 06/15/33(b) | 264 | 254,611 | |
Potomac Electric Power Co., 5.20%, 03/15/34 | 175 | 171,028 | |
PPL Capital Funding, Inc., 3.10%, 05/15/26 | 400 | 382,279 | |
PPL Electric Utilities Corp. | |||
5.00%, 05/15/33 | 500 | 483,666 | |
4.85%, 02/15/34 | 400 | 380,970 | |
Progress Energy, Inc., 7.75%, 03/01/31(b) | 330 | 367,373 | |
Public Service Co. of Colorado | |||
3.70%, 06/15/28 | 129 | 121,176 | |
1.90%, 01/15/31 | 160 | 128,187 | |
1.88%, 06/15/31 | 450 | 354,257 | |
4.10%, 06/01/32(b) | 150 | 135,888 | |
5.35%, 05/15/34 | 200 | 194,929 | |
Public Service Co. of New Hampshire, 5.35%, 10/01/33 | 375 | 369,494 | |
Public Service Co. of Oklahoma | |||
2.20%, 08/15/31 | 413 | 328,210 | |
5.25%, 01/15/33 | 200 | 192,436 | |
Public Service Electric and Gas Co. | |||
0.95%, 03/15/26 | 332 | 306,626 | |
2.25%, 09/15/26 | 314 | 292,705 | |
3.00%, 05/15/27 | 314 | 294,347 | |
3.70%, 05/01/28 | 276 | 260,305 | |
3.65%, 09/01/28(b) | 270 | 253,715 | |
3.20%, 05/15/29 | 413 | 374,139 | |
2.45%, 01/15/30 | 329 | 281,553 | |
1.90%, 08/15/31 | 679 | 538,956 | |
3.10%, 03/15/32 | 400 | 340,558 | |
4.90%, 12/15/32 | 480 | 462,561 | |
4.65%, 03/15/33 | 417 | 393,373 | |
5.20%, 08/01/33 | 370 | 362,556 | |
5.20%, 03/01/34 | 275 | 268,750 |
Security | Par (000) | Value | |
Electric Utilities (continued) | |||
Public Service Enterprise Group, Inc. | |||
0.80%, 08/15/25 | $ | 209 | $ 196,137 |
5.85%, 11/15/27 | 400 | 404,198 | |
5.88%, 10/15/28 | 250 | 252,416 | |
5.20%, 04/01/29 | 275 | 269,912 | |
1.60%, 08/15/30(b) | 252 | 198,762 | |
2.45%, 11/15/31 | 350 | 281,666 | |
6.13%, 10/15/33 | 250 | 254,502 | |
5.45%, 04/01/34 | 275 | 267,443 | |
Puget Energy, Inc. | |||
3.65%, 05/15/25 | 163 | 159,004 | |
2.38%, 06/15/28 | 329 | 289,293 | |
4.10%, 06/15/30 | 413 | 373,350 | |
4.22%, 03/15/32 | 279 | 244,028 | |
San Diego Gas & Electric Co. | |||
2.50%, 05/15/26 | 350 | 330,342 | |
4.95%, 08/15/28 | 695 | 684,847 | |
1.70%, 10/01/30 | 413 | 329,894 | |
3.00%, 03/15/32 | 350 | 296,047 | |
Sempra | |||
5.40%, 08/01/26 | 225 | 223,739 | |
3.25%, 06/15/27 | 500 | 465,913 | |
3.40%, 02/01/28 | 713 | 661,192 | |
3.70%, 04/01/29 | 413 | 379,038 | |
5.50%, 08/01/33 | 499 | 484,700 | |
(5-year CMT + 2.87%), 4.13%, 04/01/52(d) | 713 | 644,743 | |
Sierra Pacific Power Co., 2.60%, 05/01/26 | 136 | 128,584 | |
Southern California Edison Co. | |||
4.20%, 06/01/25 | 276 | 271,570 | |
3.70%, 08/01/25 | 619 | 604,159 | |
1.20%, 02/01/26 | 275 | 255,110 | |
5.35%, 03/01/26 | 275 | 273,996 | |
4.90%, 06/01/26 | 140 | 138,280 | |
4.88%, 02/01/27 | 275 | 271,022 | |
4.70%, 06/01/27 | 300 | 293,295 | |
5.85%, 11/01/27 | 500 | 505,614 | |
3.65%, 03/01/28 | 275 | 258,396 | |
5.30%, 03/01/28 | 495 | 492,210 | |
5.65%, 10/01/28 | 378 | 380,397 | |
4.20%, 03/01/29 | 400 | 377,582 | |
6.65%, 04/01/29 | 300 | 310,951 | |
5.15%, 06/01/29 | 275 | 270,608 | |
2.85%, 08/01/29 | 184 | 162,398 | |
2.25%, 06/01/30 | 432 | 358,714 | |
2.50%, 06/01/31 | 149 | 121,924 | |
2.75%, 02/01/32 | 413 | 338,501 | |
5.95%, 11/01/32(b) | 525 | 534,091 | |
6.00%, 01/15/34 | 332 | 336,246 | |
Southern Co. | |||
5.15%, 10/06/25 | 200 | 198,586 | |
3.25%, 07/01/26 | 1,327 | 1,265,411 | |
5.11%, 08/01/27 | 500 | 492,738 | |
1.75%, 03/15/28 | 304 | 263,818 | |
4.85%, 06/15/28 | 570 | 555,605 | |
5.50%, 03/15/29 | 821 | 818,478 | |
3.70%, 04/30/30 | 758 | 685,925 | |
5.70%, 10/15/32 | 350 | 350,686 | |
5.20%, 06/15/33 | 570 | 549,129 | |
5.70%, 03/15/34 | 902 | 899,253 | |
(5-year CMT + 2.92%), 3.75%, 09/15/51(d) | 500 | 458,256 | |
(5-year CMT + 3.73%), 4.00%, 01/15/51(d) | 829 | 790,796 |
Security | Par (000) | Value | |
Electric Utilities (continued) | |||
Southern Power Co., 4.15%, 12/01/25 | $ | 650 | $ 635,224 |
Southwestern Electric Power Co. | |||
1.65%, 03/15/26 | 272 | 253,022 | |
4.10%, 09/15/28 | 179 | 168,129 | |
5.30%, 04/01/33 | 75 | 71,463 | |
Tampa Electric Co., 4.90%, 03/01/29 | 190 | 185,627 | |
Tucson Electric Power Co., 1.50%, 08/01/30 | 116 | 92,532 | |
Union Electric Co. | |||
2.95%, 06/15/27 | 129 | 120,080 | |
3.50%, 03/15/29 | 250 | 229,785 | |
2.95%, 03/15/30(b) | 254 | 221,817 | |
2.15%, 03/15/32 | 179 | 140,835 | |
5.20%, 04/01/34 | 275 | 266,590 | |
Virginia Electric and Power Co. | |||
3.15%, 01/15/26 | 458 | 440,285 | |
2.95%, 11/15/26 | 264 | 248,984 | |
3.50%, 03/15/27 | 620 | 588,655 | |
3.75%, 05/15/27 | 400 | 381,339 | |
3.80%, 04/01/28 | 413 | 389,695 | |
2.88%, 07/15/29 | 329 | 292,431 | |
2.30%, 11/15/31 | 413 | 332,601 | |
2.40%, 03/30/32(b) | 530 | 425,695 | |
5.00%, 04/01/33 | 275 | 262,259 | |
5.30%, 08/15/33 | 250 | 243,024 | |
5.00%, 01/15/34 | 400 | 380,201 | |
WEC Energy Group, Inc. | |||
5.00%, 09/27/25 | 260 | 257,515 | |
4.75%, 01/09/26 | 669 | 659,674 | |
5.60%, 09/12/26 | 443 | 443,498 | |
5.15%, 10/01/27 | 500 | 494,683 | |
1.38%, 10/15/27 | 350 | 305,175 | |
4.75%, 01/15/28 | 250 | 245,099 | |
2.20%, 12/15/28 | 350 | 304,001 | |
1.80%, 10/15/30 | 301 | 240,362 | |
Wisconsin Electric Power Co. | |||
1.70%, 06/15/28 | 159 | 138,307 | |
4.75%, 09/30/32 | 305 | 290,969 | |
5.63%, 05/15/33 | 200 | 203,302 | |
Wisconsin Power and Light Co. | |||
3.00%, 07/01/29(b) | 129 | 115,842 | |
1.95%, 09/16/31 | 194 | 152,978 | |
3.95%, 09/01/32 | 400 | 358,251 | |
4.95%, 04/01/33 | 40 | 37,821 | |
5.38%, 03/30/34 | 335 | 325,650 | |
Wisconsin Public Service Corp., 5.35%, 11/10/25 | 250 | 249,299 | |
Xcel Energy, Inc. | |||
3.30%, 06/01/25 | 218 | 212,195 | |
3.35%, 12/01/26 | 413 | 390,789 | |
1.75%, 03/15/27 | 413 | 371,246 | |
4.00%, 06/15/28 | 229 | 215,418 | |
2.60%, 12/01/29 | 130 | 111,404 | |
3.40%, 06/01/30 | 350 | 307,932 | |
2.35%, 11/15/31 | 329 | 258,795 | |
4.60%, 06/01/32 | 397 | 364,265 | |
5.45%, 08/15/33 | 500 | 482,470 | |
5.50%, 03/15/34 | 425 | 409,849 | |
165,681,695 | |||
Electrical Equipment — 0.1% | |||
Acuity Brands Lighting, Inc., 2.15%, 12/15/30 | 250 | 201,430 | |
Eaton Corp. | |||
3.10%, 09/15/27 | 572 | 534,596 |
Security | Par (000) | Value | |
Electrical Equipment (continued) | |||
Eaton Corp. (continued) | |||
4.35%, 05/18/28 | $ | 342 | $ 331,772 |
4.00%, 11/02/32 | 324 | 296,928 | |
4.15%, 03/15/33 | 978 | 899,105 | |
Emerson Electric Co. | |||
3.15%, 06/01/25 | 250 | 244,298 | |
0.88%, 10/15/26 | 350 | 316,337 | |
1.80%, 10/15/27 | 400 | 358,429 | |
2.00%, 12/21/28(b) | 413 | 361,007 | |
1.95%, 10/15/30 | 275 | 228,195 | |
2.20%, 12/21/31 | 550 | 449,368 | |
4,221,465 | |||
Electronic Equipment, Instruments & Components — 0.7% | |||
Allegion U.S. Holding Co., Inc., 5.41%, 07/01/32 | 500 | 485,735 | |
Amphenol Corp. | |||
4.75%, 03/30/26 | 279 | 275,288 | |
5.05%, 04/05/27(b) | 80 | 79,466 | |
5.05%, 04/05/29 | 175 | 172,748 | |
4.35%, 06/01/29 | 350 | 334,989 | |
2.80%, 02/15/30 | 829 | 724,675 | |
2.20%, 09/15/31 | 597 | 482,081 | |
5.25%, 04/05/34 | 125 | 123,392 | |
Arrow Electronics, Inc. | |||
3.88%, 01/12/28 | 350 | 329,146 | |
2.95%, 02/15/32 | 329 | 268,280 | |
5.88%, 04/10/34 | 200 | 192,778 | |
Avnet, Inc. | |||
4.63%, 04/15/26 | 252 | 246,049 | |
6.25%, 03/15/28 | 160 | 162,097 | |
3.00%, 05/15/31 | 413 | 334,260 | |
5.50%, 06/01/32(b) | 130 | 122,140 | |
CDW LLC/CDW Finance Corp. | |||
4.13%, 05/01/25 | 350 | 343,719 | |
2.67%, 12/01/26 | 660 | 611,257 | |
4.25%, 04/01/28(b) | 329 | 309,950 | |
3.28%, 12/01/28 | 660 | 589,116 | |
3.25%, 02/15/29 | 371 | 330,268 | |
3.57%, 12/01/31 | 300 | 255,351 | |
Flex Ltd. | |||
4.75%, 06/15/25 | 250 | 247,025 | |
3.75%, 02/01/26 | 250 | 240,632 | |
6.00%, 01/15/28 | 300 | 300,462 | |
4.88%, 06/15/29 | 413 | 395,480 | |
4.88%, 05/12/30 | 243 | 230,320 | |
Honeywell International, Inc. | |||
1.35%, 06/01/25 | 472 | 452,387 | |
2.50%, 11/01/26 | 1,070 | 1,003,799 | |
1.10%, 03/01/27 | 829 | 742,666 | |
4.95%, 02/15/28 | 356 | 354,714 | |
4.25%, 01/15/29 | 536 | 516,728 | |
2.70%, 08/15/29 | 581 | 515,525 | |
4.88%, 09/01/29 | 400 | 394,371 | |
1.95%, 06/01/30 | 829 | 690,826 | |
1.75%, 09/01/31 | 1,163 | 921,338 | |
4.95%, 09/01/31 | 400 | 394,280 | |
5.00%, 02/15/33 | 852 | 836,116 | |
4.50%, 01/15/34 | 616 | 578,860 | |
Jabil, Inc. | |||
1.70%, 04/15/26 | 694 | 642,123 | |
4.25%, 05/15/27 | 145 | 139,001 | |
3.95%, 01/12/28 | 250 | 234,470 |
Security | Par (000) | Value | |
Electronic Equipment, Instruments & Components (continued) | |||
Jabil, Inc. (continued) | |||
5.45%, 02/01/29 | $ | 75 | $ 73,912 |
3.60%, 01/15/30 | 250 | 221,257 | |
3.00%, 01/15/31 | 219 | 183,235 | |
Keysight Technologies, Inc. | |||
4.60%, 04/06/27 | 450 | 439,407 | |
3.00%, 10/30/29 | 260 | 227,766 | |
TD SYNNEX Corp. | |||
1.75%, 08/09/26 | 279 | 254,189 | |
2.38%, 08/09/28 | 179 | 155,719 | |
2.65%, 08/09/31 | 413 | 328,781 | |
6.10%, 04/12/34 | 75 | 74,479 | |
Teledyne FLIR LLC, 2.50%, 08/01/30 | 326 | 271,500 | |
Teledyne Technologies, Inc. | |||
1.60%, 04/01/26(b) | 302 | 279,934 | |
2.25%, 04/01/28 | 350 | 309,934 | |
2.75%, 04/01/31 | 829 | 690,079 | |
Trimble, Inc. | |||
4.90%, 06/15/28(b) | 350 | 342,606 | |
6.10%, 03/15/33 | 400 | 405,840 | |
Tyco Electronics Group SA | |||
4.50%, 02/13/26 | 300 | 295,342 | |
3.70%, 02/15/26 | 268 | 259,849 | |
3.13%, 08/15/27 | 250 | 233,673 | |
2.50%, 02/04/32(b) | 405 | 334,413 | |
Vontier Corp. | |||
1.80%, 04/01/26 | 496 | 458,762 | |
2.40%, 04/01/28 | 200 | 174,674 | |
2.95%, 04/01/31(b) | 350 | 286,516 | |
22,905,775 | |||
Energy Equipment & Services — 0.1% | |||
Baker Hughes Holdings LLC/Baker Hughes Co.- Obligor, Inc. | |||
2.06%, 12/15/26 | 566 | 519,647 | |
3.34%, 12/15/27 | 721 | 672,812 | |
3.14%, 11/07/29 | 243 | 216,875 | |
4.49%, 05/01/30 | 350 | 332,621 | |
Halliburton Co. | |||
3.80%, 11/15/25 | 151 | 147,100 | |
2.92%, 03/01/30 | 611 | 534,622 | |
NOV, Inc., 3.60%, 12/01/29 | 179 | 161,021 | |
Schlumberger Finance Canada Ltd., 1.40%, 09/17/25 | 300 | 284,014 | |
Schlumberger Investment SA | |||
4.50%, 05/15/28 | 300 | 293,092 | |
2.65%, 06/26/30(b) | 942 | 815,042 | |
4.85%, 05/15/33(b) | 300 | 290,248 | |
4,267,094 | |||
Entertainment — 0.2% | |||
Warnermedia Holdings, Inc. | |||
6.41%, 03/15/26 | 600 | 600,169 | |
3.76%, 03/15/27 | 2,501 | 2,356,684 | |
4.05%, 03/15/29(b) | 802 | 731,572 | |
4.28%, 03/15/32 | 3,022 | 2,603,110 | |
6,291,535 | |||
Environmental, Maintenance & Security Service — 0.4% | |||
Republic Services, Inc. | |||
0.88%, 11/15/25 | 260 | 242,041 | |
2.90%, 07/01/26 | 370 | 352,515 | |
3.38%, 11/15/27 | 400 | 376,156 | |
3.95%, 05/15/28 | 592 | 562,852 | |
4.88%, 04/01/29 | 555 | 544,152 |
Security | Par (000) | Value | |
Environmental, Maintenance & Security Service (continued) | |||
Republic Services, Inc. (continued) | |||
2.30%, 03/01/30 | $ | 444 | $ 375,833 |
1.45%, 02/15/31 | 727 | 565,821 | |
1.75%, 02/15/32 | 829 | 638,540 | |
2.38%, 03/15/33(b) | 450 | 353,600 | |
5.00%, 12/15/33 | 482 | 464,174 | |
5.00%, 04/01/34 | 500 | 481,648 | |
Veralto Corp.(a) | |||
5.50%, 09/18/26 | 325 | 323,055 | |
5.35%, 09/18/28 | 325 | 322,454 | |
5.45%, 09/18/33 | 325 | 318,781 | |
Waste Connections, Inc. | |||
4.25%, 12/01/28 | 200 | 191,500 | |
3.50%, 05/01/29(b) | 254 | 233,570 | |
2.60%, 02/01/30 | 276 | 238,383 | |
2.20%, 01/15/32 | 229 | 182,035 | |
3.20%, 06/01/32(b) | 342 | 291,074 | |
4.20%, 01/15/33 | 800 | 728,197 | |
5.00%, 03/01/34 | 275 | 262,860 | |
Waste Management, Inc. | |||
0.75%, 11/15/25 | 179 | 166,696 | |
3.15%, 11/15/27 | 829 | 775,838 | |
1.15%, 03/15/28 | 374 | 321,397 | |
4.88%, 02/15/29(b) | 375 | 370,480 | |
2.00%, 06/01/29 | 159 | 136,389 | |
4.63%, 02/15/30 | 400 | 387,333 | |
1.50%, 03/15/31 | 829 | 651,967 | |
4.15%, 04/15/32(b) | 824 | 765,312 | |
4.63%, 02/15/33(b) | 270 | 257,013 | |
4.88%, 02/15/34 | 800 | 769,183 | |
12,650,849 | |||
Financial Services — 3.7% | |||
AerCap Ireland Capital DAC/AerCap Global Aviation Trust | |||
6.50%, 07/15/25 | 655 | 659,693 | |
4.45%, 10/01/25 | 400 | 392,218 | |
1.75%, 01/30/26 | 655 | 610,267 | |
4.45%, 04/03/26 | 300 | 293,022 | |
2.45%, 10/29/26 | 2,164 | 1,998,932 | |
6.10%, 01/15/27 | 470 | 473,665 | |
6.45%, 04/15/27 | 1,300 | 1,325,271 | |
3.65%, 07/21/27 | 655 | 614,056 | |
4.63%, 10/15/27 | 300 | 289,556 | |
3.88%, 01/23/28 | 300 | 280,601 | |
5.75%, 06/06/28(b) | 910 | 909,210 | |
3.00%, 10/29/28 | 2,123 | 1,893,465 | |
5.10%, 01/19/29 | 360 | 351,123 | |
6.15%, 09/30/30 | 450 | 456,562 | |
3.30%, 01/30/32 | 2,300 | 1,920,147 | |
3.40%, 10/29/33 | 900 | 732,755 | |
5.30%, 01/19/34 | 450 | 428,469 | |
Air Lease Corp. | |||
3.38%, 07/01/25 | 829 | 805,704 | |
2.88%, 01/15/26(b) | 829 | 788,978 | |
3.75%, 06/01/26 | 450 | 431,823 | |
1.88%, 08/15/26 | 550 | 504,066 | |
2.20%, 01/15/27 | 450 | 410,137 | |
3.63%, 04/01/27 | 1,000 | 932,840 | |
3.63%, 12/01/27(b) | 130 | 121,269 | |
5.85%, 12/15/27 | 354 | 354,848 | |
5.30%, 02/01/28 | 300 | 295,463 |
Security | Par (000) | Value | |
Financial Services (continued) | |||
Air Lease Corp. (continued) | |||
2.10%, 09/01/28 | $ | 413 | $ 355,536 |
4.63%, 10/01/28 | 700 | 669,698 | |
5.10%, 03/01/29 | 275 | 267,340 | |
3.25%, 10/01/29 | 413 | 366,468 | |
3.00%, 02/01/30 | 329 | 285,101 | |
3.13%, 12/01/30 | 309 | 264,501 | |
2.88%, 01/15/32 | 450 | 369,874 | |
Aircastle Ltd., 4.25%, 06/15/26 | 413 | 399,361 | |
Ally Financial, Inc. | |||
5.80%, 05/01/25 | 293 | 292,413 | |
4.75%, 06/09/27 | 500 | 480,948 | |
7.10%, 11/15/27 | 300 | 309,795 | |
2.20%, 11/02/28 | 285 | 241,080 | |
8.00%, 11/01/31 | 1,211 | 1,311,115 | |
8.00%, 11/01/31(b) | 500 | 538,809 | |
(1-day SOFR + 2.82%), 6.85%, 01/03/30(b)(d) | 235 | 237,444 | |
(1-day SOFR + 3.26%), 6.99%, 06/13/29(d) | 500 | 510,774 | |
American Express Co. | |||
3.95%, 08/01/25 | 1,700 | 1,665,629 | |
4.20%, 11/06/25 | 450 | 441,246 | |
4.90%, 02/13/26 | 1,000 | 989,676 | |
3.13%, 05/20/26 | 989 | 943,182 | |
1.65%, 11/04/26 | 829 | 755,071 | |
2.55%, 03/04/27 | 1,385 | 1,281,299 | |
3.30%, 05/03/27 | 1,309 | 1,231,716 | |
5.85%, 11/05/27 | 1,190 | 1,208,000 | |
4.05%, 05/03/29 | 709 | 674,545 | |
(1-day SOFR + 0.75%), 5.65%, 04/23/27(d) | 600 | 600,141 | |
(1-day SOFR + 0.97%), 5.39%, 07/28/27(d) | 851 | 846,447 | |
(1-day SOFR + 1.00%), 4.99%, 05/01/26(d) | 886 | 878,882 | |
(1-day SOFR + 1.00%), 5.10%, 02/16/28(d) | 1,346 | 1,330,849 | |
(1-day SOFR + 1.09%), 5.53%, 04/25/30(d) | 600 | 598,939 | |
(1-day SOFR + 1.33%), 6.34%, 10/30/26(d) | 851 | 857,791 | |
(1-day SOFR + 1.63%), 5.92%, 04/25/35(d) | 200 | 199,051 | |
(1-day SOFR + 1.76%), 4.42%, 08/03/33(d) | 700 | 649,749 | |
(1-day SOFR + 1.84%), 5.04%, 05/01/34(d) | 800 | 767,258 | |
(1-day SOFR + 1.93%), 5.63%, 07/28/34(d) | 300 | 293,571 | |
(1-day SOFR + 1.94%), 6.49%, 10/30/31(d) | 708 | 741,070 | |
(1-day SOFR + 2.26%), 4.99%, 05/26/33(d) | 300 | 283,787 | |
(1-day SOFR Index + 1.28%), 5.28%, 07/27/29(d) | 1,063 | 1,055,078 | |
Ameriprise Financial, Inc. | |||
2.88%, 09/15/26 | 413 | 389,388 | |
5.70%, 12/15/28 | 175 | 176,942 | |
4.50%, 05/13/32 | 313 | 294,776 | |
5.15%, 05/15/33 | 210 | 205,706 | |
Andrew W Mellon Foundation, 0.95%, 08/01/27 | 29 | 25,422 | |
Apollo Global Management, Inc., 6.38%, 11/15/33 | 125 | 130,521 | |
ARES Management Corp., 6.38%, 11/10/28 | 254 | 262,075 | |
Brookfield Finance I U.K. PLC/Brookfield Finance, Inc., 2.34%, 01/30/32 | 399 | 315,549 | |
Capital One Financial Corp. | |||
4.20%, 10/29/25 | 929 | 905,394 | |
3.75%, 07/28/26 | 900 | 861,043 | |
3.75%, 03/09/27 | 757 | 719,021 | |
3.65%, 05/11/27 | 409 | 386,895 | |
3.80%, 01/31/28 | 829 | 776,734 | |
(1-day SOFR + 0.86%), 1.88%, 11/02/27(d) | 829 | 751,908 | |
(1-day SOFR + 1.27%), 2.62%, 11/02/32(d) | 413 | 323,650 | |
(1-day SOFR + 1.34%), 2.36%, 07/29/32(d) | 829 | 628,904 | |
(1-day SOFR + 1.79%), 3.27%, 03/01/30(d) | 562 | 496,183 | |
(1-day SOFR + 1.91%), 5.70%, 02/01/30(b)(d) | 668 | 658,765 |
Security | Par (000) | Value | |
Financial Services (continued) | |||
Capital One Financial Corp. (continued) | |||
(1-day SOFR + 2.06%), 4.93%, 05/10/28(d) | $ | 1,034 | $ 1,009,185 |
(1-day SOFR + 2.08%), 5.47%, 02/01/29(d) | 667 | 655,231 | |
(1-day SOFR + 2.16%), 4.99%, 07/24/26(d) | 750 | 741,273 | |
(1-day SOFR + 2.26%), 6.05%, 02/01/35(d) | 590 | 580,311 | |
(1-day SOFR + 2.37%), 5.27%, 05/10/33(b)(d) | 650 | 615,584 | |
(1-day SOFR + 2.44%), 7.15%, 10/29/27(d) | 250 | 257,271 | |
(1-day SOFR + 2.60%), 5.25%, 07/26/30(d) | 300 | 288,720 | |
(1-day SOFR + 2.60%), 5.82%, 02/01/34(d) | 701 | 678,564 | |
(1-day SOFR + 2.64%), 6.31%, 06/08/29(d) | 1,065 | 1,074,414 | |
(1-day SOFR + 2.86%), 6.38%, 06/08/34(d) | 1,055 | 1,061,876 | |
(1-day SOFR + 3.07%), 7.62%, 10/30/31(d) | 940 | 1,011,534 | |
Cboe Global Markets, Inc. | |||
3.65%, 01/12/27 | 420 | 403,130 | |
1.63%, 12/15/30 | 159 | 126,017 | |
3.00%, 03/16/32 | 579 | 489,949 | |
Charles Schwab Corp. | |||
3.85%, 05/21/25 | 829 | 814,837 | |
0.90%, 03/11/26 | 921 | 847,253 | |
1.15%, 05/13/26 | 843 | 774,308 | |
5.88%, 08/24/26 | 736 | 742,917 | |
3.20%, 03/02/27 | 478 | 450,631 | |
2.45%, 03/03/27 | 1,243 | 1,144,954 | |
3.30%, 04/01/27 | 350 | 330,635 | |
3.20%, 01/25/28 | 829 | 767,774 | |
2.00%, 03/20/28(b) | 1,054 | 930,685 | |
4.00%, 02/01/29(b) | 442 | 419,146 | |
3.25%, 05/22/29 | 130 | 118,049 | |
2.75%, 10/01/29 | 179 | 157,903 | |
4.63%, 03/22/30(b) | 179 | 173,707 | |
1.65%, 03/11/31 | 413 | 323,241 | |
2.30%, 05/13/31 | 829 | 677,387 | |
1.95%, 12/01/31 | 500 | 391,817 | |
2.90%, 03/03/32 | 660 | 551,594 | |
(1-day SOFR + 1.88%), 6.20%, 11/17/29(d) | 956 | 978,421 | |
(1-day SOFR + 2.01%), 6.14%, 08/24/34(b)(d) | 775 | 785,833 | |
(1-day SOFR + 2.21%), 5.64%, 05/19/29(d) | 1,012 | 1,013,593 | |
(1-day SOFR + 2.50%), 5.85%, 05/19/34(d) | 956 | 951,906 | |
CI Financial Corp., 3.20%, 12/17/30 | 496 | 394,869 | |
CME Group, Inc. | |||
3.75%, 06/15/28 | 179 | 170,835 | |
2.65%, 03/15/32 | 621 | 522,651 | |
Credit Suisse USA, Inc., 7.13%, 07/15/32 | 300 | 325,910 | |
Discover Financial Services | |||
4.50%, 01/30/26 | 400 | 389,896 | |
4.10%, 02/09/27 | 400 | 381,465 | |
6.70%, 11/29/32 | 500 | 512,318 | |
(1-day SOFR Index + 3.37%), 7.96%, 11/02/34(d) | 575 | 632,954 | |
Franklin Resources, Inc., 1.60%, 10/30/30 | 400 | 317,244 | |
Intercontinental Exchange, Inc. | |||
3.65%, 05/23/25 | 693 | 679,617 | |
3.75%, 12/01/25 | 923 | 898,170 | |
3.10%, 09/15/27(b) | 284 | 264,152 | |
4.00%, 09/15/27 | 1,145 | 1,096,094 | |
3.75%, 09/21/28(b) | 376 | 353,483 | |
4.35%, 06/15/29 | 953 | 909,671 | |
2.10%, 06/15/30 | 637 | 528,364 | |
1.85%, 09/15/32 | 938 | 710,939 | |
4.60%, 03/15/33(b) | 800 | 749,037 | |
Invesco Finance PLC, 3.75%, 01/15/26 | 250 | 242,148 | |
Jefferies Financial Group, Inc. | |||
4.85%, 01/15/27 | 829 | 812,933 | |
5.88%, 07/21/28 | 635 | 632,345 |
Security | Par (000) | Value | |
Financial Services (continued) | |||
Jefferies Financial Group, Inc. (continued) | |||
4.15%, 01/23/30 | $ | 329 | $ 298,949 |
2.63%, 10/15/31(b) | 629 | 499,868 | |
2.75%, 10/15/32(b) | 459 | 356,272 | |
6.20%, 04/14/34 | 925 | 914,435 | |
Lazard Group LLC | |||
4.50%, 09/19/28 | 200 | 190,396 | |
4.38%, 03/11/29 | 479 | 450,791 | |
6.00%, 03/15/31 | 115 | 114,888 | |
LPL Holdings, Inc., 6.75%, 11/17/28 | 300 | 308,326 | |
Mastercard, Inc. | |||
2.95%, 11/21/26 | 400 | 379,142 | |
3.30%, 03/26/27 | 653 | 620,775 | |
3.50%, 02/26/28(b) | 179 | 169,628 | |
4.88%, 03/09/28(b) | 410 | 407,882 | |
2.95%, 06/01/29 | 393 | 354,991 | |
3.35%, 03/26/30 | 1,002 | 911,604 | |
1.90%, 03/15/31 | 425 | 346,923 | |
2.00%, 11/18/31 | 274 | 220,640 | |
4.85%, 03/09/33 | 200 | 195,712 | |
Nasdaq, Inc. | |||
5.65%, 06/28/25 | 70 | 69,917 | |
3.85%, 06/30/26 | 496 | 478,774 | |
5.35%, 06/28/28 | 565 | 562,068 | |
1.65%, 01/15/31(b) | 243 | 190,337 | |
5.55%, 02/15/34 | 750 | 733,544 | |
Nomura Holdings, Inc. | |||
5.10%, 07/03/25 | 400 | 395,829 | |
1.85%, 07/16/25 | 600 | 570,868 | |
5.71%, 01/09/26 | 200 | 199,298 | |
1.65%, 07/14/26 | 500 | 457,230 | |
2.33%, 01/22/27 | 478 | 436,809 | |
5.39%, 07/06/27 | 400 | 396,637 | |
5.84%, 01/18/28 | 200 | 200,659 | |
6.07%, 07/12/28 | 450 | 455,288 | |
2.17%, 07/14/28 | 800 | 693,250 | |
2.71%, 01/22/29 | 478 | 417,470 | |
5.61%, 07/06/29 | 400 | 396,386 | |
3.10%, 01/16/30 | 635 | 550,363 | |
2.68%, 07/16/30 | 910 | 758,768 | |
2.61%, 07/14/31 | 450 | 363,426 | |
3.00%, 01/22/32 | 450 | 369,106 | |
6.18%, 01/18/33 | 600 | 616,972 | |
6.09%, 07/12/33(b) | 300 | 307,717 | |
ORIX Corp. | |||
3.70%, 07/18/27 | 350 | 330,551 | |
5.00%, 09/13/27 | 200 | 196,935 | |
2.25%, 03/09/31(b) | 413 | 339,048 | |
4.00%, 04/13/32 | 313 | 283,511 | |
5.20%, 09/13/32(b) | 200 | 197,043 | |
Radian Group, Inc., 6.20%, 05/15/29 | 275 | 273,217 | |
Raymond James Financial Inc., 4.65%, 04/01/30 | 336 | 323,463 | |
Stifel Financial Corp., 4.00%, 05/15/30 | 300 | 268,504 | |
Synchrony Financial | |||
4.88%, 06/13/25 | 485 | 476,922 | |
4.50%, 07/23/25 | 473 | 462,206 | |
3.70%, 08/04/26 | 200 | 188,900 | |
3.95%, 12/01/27 | 479 | 443,321 | |
5.15%, 03/19/29 | 413 | 391,545 | |
2.88%, 10/28/31 | 236 | 186,024 | |
TPG Operating Group II LP, 5.88%, 03/05/34 | 326 | 318,141 | |
Visa, Inc. | |||
3.15%, 12/14/25 | 2,796 | 2,708,666 |
Security | Par (000) | Value | |
Financial Services (continued) | |||
Visa, Inc. (continued) | |||
1.90%, 04/15/27 | $ | 1,049 | $ 959,525 |
0.75%, 08/15/27(b) | 350 | 305,644 | |
2.75%, 09/15/27 | 303 | 280,807 | |
2.05%, 04/15/30 | 829 | 698,496 | |
1.10%, 02/15/31(b) | 698 | 540,693 | |
Voya Financial, Inc., 3.65%, 06/15/26 | 288 | 275,750 | |
Western Union Co. | |||
1.35%, 03/15/26 | 745 | 685,224 | |
2.75%, 03/15/31 | 95 | 77,384 | |
113,214,453 | |||
Food Products — 1.3% | |||
Ahold Finance USA LLC, 6.88%, 05/01/29 | 179 | 189,541 | |
Archer-Daniels-Midland Co. | |||
2.50%, 08/11/26 | 608 | 571,116 | |
3.25%, 03/27/30 | 500 | 446,123 | |
2.90%, 03/01/32 | 523 | 436,698 | |
4.50%, 08/15/33(b) | 310 | 288,357 | |
Bunge Ltd. Finance Corp. | |||
1.63%, 08/17/25 | 350 | 332,387 | |
3.25%, 08/15/26 | 400 | 379,858 | |
3.75%, 09/25/27 | 481 | 454,814 | |
2.75%, 05/14/31 | 579 | 485,462 | |
Campbell Soup Co. | |||
5.30%, 03/20/26 | 225 | 224,034 | |
5.20%, 03/19/27 | 275 | 273,264 | |
4.15%, 03/15/28(b) | 500 | 476,319 | |
5.20%, 03/21/29 | 275 | 271,109 | |
2.38%, 04/24/30(b) | 159 | 133,743 | |
5.40%, 03/21/34(b) | 625 | 609,722 | |
Conagra Brands, Inc. | |||
4.60%, 11/01/25 | 829 | 814,172 | |
5.30%, 10/01/26 | 250 | 248,245 | |
1.38%, 11/01/27 | 597 | 516,330 | |
7.00%, 10/01/28 | 200 | 211,811 | |
4.85%, 11/01/28 | 776 | 751,133 | |
8.25%, 09/15/30 | 200 | 224,816 | |
Flowers Foods, Inc. | |||
3.50%, 10/01/26 | 268 | 254,717 | |
2.40%, 03/15/31 | 350 | 284,357 | |
General Mills, Inc. | |||
5.24%, 11/18/25 | 324 | 322,124 | |
4.70%, 01/30/27 | 275 | 269,921 | |
3.20%, 02/10/27 | 487 | 459,096 | |
4.20%, 04/17/28 | 829 | 793,643 | |
5.50%, 10/17/28 | 165 | 165,362 | |
2.88%, 04/15/30 | 487 | 423,963 | |
2.25%, 10/14/31 | 279 | 224,339 | |
4.95%, 03/29/33(b) | 670 | 641,770 | |
Hershey Co. | |||
2.30%, 08/15/26 | 350 | 327,912 | |
4.25%, 05/04/28 | 35 | 34,067 | |
2.45%, 11/15/29 | 413 | 360,275 | |
1.70%, 06/01/30 | 258 | 211,051 | |
4.50%, 05/04/33(b) | 50 | 47,740 | |
Hormel Foods Corp. | |||
4.80%, 03/30/27 | 235 | 232,334 | |
1.70%, 06/03/28 | 277 | 241,684 | |
1.80%, 06/11/30 | 400 | 327,338 | |
Ingredion, Inc. | |||
3.20%, 10/01/26(b) | 350 | 331,011 |
Security | Par (000) | Value | |
Food Products (continued) | |||
Ingredion, Inc. (continued) | |||
2.90%, 06/01/30 | $ | 250 | $ 215,894 |
J M Smucker Co. | |||
3.38%, 12/15/27 | 250 | 233,848 | |
5.90%, 11/15/28(b) | 375 | 382,145 | |
2.13%, 03/15/32 | 179 | 141,590 | |
6.20%, 11/15/33(b) | 575 | 593,972 | |
JBS USA Holding Lux SARL/JBS USA Food Co./JBS Lux Co. SARL | |||
2.50%, 01/15/27 | 400 | 366,547 | |
5.13%, 02/01/28 | 500 | 485,539 | |
3.00%, 02/02/29 | 350 | 304,404 | |
5.50%, 01/15/30 | 700 | 675,709 | |
3.75%, 12/01/31 | 266 | 224,702 | |
3.63%, 01/15/32 | 550 | 458,051 | |
3.00%, 05/15/32 | 900 | 715,250 | |
5.75%, 04/01/33 | 1,180 | 1,128,519 | |
6.75%, 03/15/34(a) | 1,100 | 1,122,252 | |
JM Smucker Co., 2.38%, 03/15/30 | 250 | 211,939 | |
Kellanova | |||
3.25%, 04/01/26 | 300 | 287,679 | |
3.40%, 11/15/27 | 450 | 420,547 | |
4.30%, 05/15/28 | 179 | 172,024 | |
2.10%, 06/01/30 | 159 | 132,070 | |
7.45%, 04/01/31 | 400 | 440,305 | |
5.25%, 03/01/33 | 200 | 194,912 | |
Kraft Heinz Foods Co. | |||
3.00%, 06/01/26 | 1,416 | 1,351,637 | |
3.88%, 05/15/27(b) | 1,018 | 976,242 | |
4.63%, 01/30/29(b) | 163 | 157,914 | |
3.75%, 04/01/30 | 371 | 340,879 | |
4.25%, 03/01/31 | 163 | 152,120 | |
6.75%, 03/15/32 | 130 | 140,588 | |
Kroger Co. | |||
3.50%, 02/01/26 | 408 | 393,972 | |
2.65%, 10/15/26(b) | 829 | 777,089 | |
3.70%, 08/01/27 | 413 | 392,348 | |
4.50%, 01/15/29 | 229 | 220,836 | |
2.20%, 05/01/30(b) | 193 | 160,643 | |
1.70%, 01/15/31 | 183 | 143,975 | |
7.50%, 04/01/31 | 252 | 280,805 | |
McCormick & Co., Inc. | |||
0.90%, 02/15/26 | 308 | 284,061 | |
3.40%, 08/15/27 | 350 | 328,174 | |
2.50%, 04/15/30 | 209 | 176,808 | |
1.85%, 02/15/31 | 314 | 249,464 | |
4.95%, 04/15/33(b) | 300 | 286,734 | |
Mondelez International, Inc. | |||
1.50%, 05/04/25 | 288 | 276,252 | |
2.63%, 03/17/27 | 259 | 240,446 | |
4.13%, 05/07/28(b) | 260 | 250,143 | |
4.75%, 02/20/29 | 275 | 267,353 | |
2.75%, 04/13/30 | 459 | 397,586 | |
1.50%, 02/04/31 | 480 | 374,147 | |
3.00%, 03/17/32 | 400 | 337,017 | |
1.88%, 10/15/32(b) | 413 | 319,135 | |
Pilgrim’s Pride Corp. | |||
4.25%, 04/15/31 | 450 | 398,136 | |
3.50%, 03/01/32 | 360 | 296,435 | |
6.25%, 07/01/33 | 550 | 546,899 | |
Sysco Corp. | |||
3.75%, 10/01/25 | 476 | 463,068 |
Security | Par (000) | Value | |
Food Products (continued) | |||
Sysco Corp. (continued) | |||
3.30%, 07/15/26 | $ | 520 | $ 496,098 |
3.25%, 07/15/27 | 829 | 775,341 | |
5.75%, 01/17/29 | 200 | 202,022 | |
2.40%, 02/15/30 | 348 | 294,351 | |
5.95%, 04/01/30 | 529 | 540,641 | |
2.45%, 12/14/31 | 413 | 334,282 | |
6.00%, 01/17/34 | 200 | 205,734 | |
Tyson Foods, Inc. | |||
4.00%, 03/01/26 | 300 | 291,241 | |
3.55%, 06/02/27(b) | 829 | 782,518 | |
4.35%, 03/01/29 | 500 | 473,659 | |
5.40%, 03/15/29 | 275 | 272,155 | |
5.70%, 03/15/34 | 529 | 518,931 | |
39,367,535 | |||
Gas Utilities — 0.3% | |||
Atmos Energy Corp. | |||
3.00%, 06/15/27 | 350 | 326,708 | |
2.63%, 09/15/29 | 136 | 119,523 | |
1.50%, 01/15/31 | 429 | 339,301 | |
5.90%, 11/15/33 | 200 | 205,243 | |
CenterPoint Energy Resources Corp. | |||
5.25%, 03/01/28 | 515 | 510,905 | |
4.00%, 04/01/28 | 400 | 379,349 | |
1.75%, 10/01/30(b) | 159 | 127,078 | |
4.40%, 07/01/32 | 200 | 184,139 | |
5.40%, 03/01/33 | 400 | 392,530 | |
National Fuel Gas Co. | |||
5.20%, 07/15/25 | 400 | 396,603 | |
5.50%, 01/15/26 | 350 | 347,383 | |
5.50%, 10/01/26 | 140 | 138,902 | |
2.95%, 03/01/31 | 413 | 339,527 | |
NiSource, Inc. | |||
0.95%, 08/15/25 | 721 | 678,408 | |
3.49%, 05/15/27 | 829 | 781,656 | |
5.25%, 03/30/28 | 555 | 548,919 | |
2.95%, 09/01/29 | 529 | 467,230 | |
3.60%, 05/01/30 | 450 | 405,222 | |
1.70%, 02/15/31 | 366 | 285,511 | |
5.40%, 06/30/33 | 310 | 301,636 | |
5.35%, 04/01/34 | 225 | 215,345 | |
ONE Gas, Inc., 5.10%, 04/01/29 | 40 | 39,581 | |
Piedmont Natural Gas Co., Inc. | |||
2.50%, 03/15/31 | 413 | 339,181 | |
5.40%, 06/15/33 | 160 | 156,210 | |
Southern California Gas Co. | |||
2.60%, 06/15/26 | 186 | 175,693 | |
2.95%, 04/15/27 | 530 | 495,321 | |
2.55%, 02/01/30 | 229 | 195,934 | |
5.20%, 06/01/33 | 220 | 213,969 | |
Southern Co. Gas Capital Corp. | |||
1.75%, 01/15/31 | 413 | 327,680 | |
5.75%, 09/15/33 | 300 | 301,415 | |
Southwest Gas Corp. | |||
5.80%, 12/01/27 | 300 | 301,412 | |
5.45%, 03/23/28 | 65 | 64,729 | |
2.20%, 06/15/30 | 129 | 106,888 | |
4.05%, 03/15/32 | 225 | 200,347 | |
10,409,478 |
Security | Par (000) | Value | |
Ground Transportation — 0.7% | |||
Burlington Northern Santa Fe LLC | |||
3.65%, 09/01/25 | $ | 620 | $ 605,477 |
7.00%, 12/15/25 | 163 | 167,045 | |
3.25%, 06/15/27 | 1,450 | 1,372,295 | |
Canadian National Railway Co. | |||
2.75%, 03/01/26 | 463 | 443,556 | |
6.90%, 07/15/28 | 250 | 265,258 | |
3.85%, 08/05/32 | 400 | 360,711 | |
5.85%, 11/01/33 | 80 | 83,037 | |
Canadian Pacific Railway Co. | |||
1.75%, 12/02/26(b) | 613 | 559,119 | |
4.00%, 06/01/28 | 400 | 380,902 | |
2.88%, 11/15/29 | 57 | 50,263 | |
2.05%, 03/05/30 | 179 | 148,946 | |
7.13%, 10/15/31(b) | 163 | 179,064 | |
2.45%, 12/02/31 | 916 | 811,260 | |
CSX Corp. | |||
3.35%, 11/01/25 | 451 | 436,615 | |
2.60%, 11/01/26 | 400 | 375,308 | |
3.25%, 06/01/27 | 639 | 602,314 | |
3.80%, 03/01/28 | 1,023 | 974,115 | |
4.25%, 03/15/29 | 776 | 743,787 | |
2.40%, 02/15/30(b) | 413 | 353,089 | |
4.10%, 11/15/32 | 714 | 654,609 | |
5.20%, 11/15/33 | 300 | 295,878 | |
Kirby Corp., 4.20%, 03/01/28 | 250 | 239,644 | |
Norfolk Southern Corp. | |||
2.90%, 06/15/26 | 400 | 380,463 | |
7.80%, 05/15/27 | 260 | 277,863 | |
3.15%, 06/01/27 | 727 | 680,248 | |
3.80%, 08/01/28 | 446 | 421,006 | |
2.55%, 11/01/29 | 107 | 92,478 | |
5.05%, 08/01/30 | 440 | 432,384 | |
2.30%, 05/15/31 | 372 | 306,581 | |
3.00%, 03/15/32 | 374 | 315,884 | |
4.45%, 03/01/33(b) | 500 | 465,506 | |
5.55%, 03/15/34(b) | 250 | 250,839 | |
Union Pacific Corp. | |||
3.75%, 07/15/25 | 400 | 391,727 | |
3.25%, 08/15/25 | 163 | 158,476 | |
4.75%, 02/21/26 | 500 | 495,750 | |
2.75%, 03/01/26 | 829 | 790,965 | |
2.15%, 02/05/27 | 367 | 337,766 | |
3.00%, 04/15/27 | 367 | 345,505 | |
3.95%, 09/10/28(b) | 829 | 792,816 | |
6.63%, 02/01/29 | 288 | 305,063 | |
3.70%, 03/01/29 | 829 | 776,475 | |
2.40%, 02/05/30 | 600 | 514,349 | |
2.38%, 05/20/31 | 733 | 610,310 | |
2.80%, 02/14/32 | 1,000 | 843,412 | |
4.50%, 01/20/33(b) | 500 | 472,450 | |
20,560,608 | |||
Health Care Equipment & Supplies — 0.9% | |||
Abbott Laboratories | |||
3.88%, 09/15/25 | 352 | 345,547 | |
3.75%, 11/30/26 | 1,174 | 1,135,442 | |
1.15%, 01/30/28(b) | 438 | 380,972 | |
1.40%, 06/30/30(b) | 366 | 296,666 | |
Agilent Technologies, Inc. | |||
2.75%, 09/15/29 | 534 | 469,358 | |
2.10%, 06/04/30 | 360 | 297,483 |
Security | Par (000) | Value | |
Health Care Equipment & Supplies (continued) | |||
Agilent Technologies, Inc. (continued) | |||
2.30%, 03/12/31(b) | $ | 572 | $ 469,475 |
Baxter International, Inc. | |||
2.60%, 08/15/26 | 603 | 564,533 | |
1.92%, 02/01/27 | 808 | 732,437 | |
2.27%, 12/01/28 | 700 | 605,735 | |
3.95%, 04/01/30 | 413 | 377,081 | |
1.73%, 04/01/31 | 400 | 310,196 | |
2.54%, 02/01/32(b) | 864 | 692,214 | |
Boston Scientific Corp., 2.65%, 06/01/30 | 829 | 712,743 | |
Danaher Corp., 3.35%, 09/15/25 | 225 | 218,984 | |
DENTSPLY SIRONA, Inc., 3.25%, 06/01/30 | 450 | 388,477 | |
DH Europe Finance II SARL, 2.60%, 11/15/29 | 366 | 320,077 | |
Edwards Lifesciences Corp., 4.30%, 06/15/28 | 400 | 383,892 | |
GE HealthCare Technologies, Inc. | |||
5.60%, 11/15/25 | 620 | 619,006 | |
5.65%, 11/15/27 | 1,000 | 1,005,243 | |
5.86%, 03/15/30 | 500 | 507,585 | |
5.91%, 11/22/32 | 1,100 | 1,122,826 | |
Medtronic Global Holdings SCA | |||
4.25%, 03/30/28 | 650 | 627,609 | |
4.50%, 03/30/33 | 645 | 607,582 | |
Revvity, Inc. | |||
1.90%, 09/15/28(b) | 430 | 368,432 | |
3.30%, 09/15/29 | 429 | 383,150 | |
2.25%, 09/15/31 | 156 | 124,710 | |
Smith & Nephew PLC | |||
5.15%, 03/20/27 | 40 | 39,555 | |
2.03%, 10/14/30(b) | 560 | 450,723 | |
5.40%, 03/20/34 | 390 | 375,922 | |
Solventum Corp.(a) | |||
5.45%, 02/25/27 | 657 | 651,464 | |
5.40%, 03/01/29 | 985 | 966,366 | |
5.45%, 03/13/31 | 650 | 629,860 | |
5.60%, 03/23/34 | 1,084 | 1,045,477 | |
STERIS Irish FinCo UnLtd Co., 2.70%, 03/15/31 | 334 | 277,790 | |
Stryker Corp. | |||
1.15%, 06/15/25 | 400 | 380,272 | |
3.38%, 11/01/25 | 480 | 464,630 | |
3.50%, 03/15/26 | 413 | 398,228 | |
3.65%, 03/07/28 | 350 | 329,778 | |
4.85%, 12/08/28 | 200 | 195,941 | |
1.95%, 06/15/30 | 400 | 329,723 | |
Thermo Fisher Scientific, Inc. | |||
4.95%, 08/10/26 | 700 | 695,185 | |
5.00%, 12/05/26 | 644 | 641,431 | |
4.80%, 11/21/27 | 387 | 382,210 | |
1.75%, 10/15/28 | 313 | 271,140 | |
5.00%, 01/31/29 | 756 | 749,188 | |
2.60%, 10/01/29 | 680 | 596,472 | |
4.98%, 08/10/30 | 520 | 511,084 | |
2.00%, 10/15/31 | 763 | 609,051 | |
4.95%, 11/21/32(b) | 230 | 223,381 | |
5.09%, 08/10/33 | 605 | 591,532 | |
5.20%, 01/31/34(b) | 250 | 246,566 | |
Zimmer Biomet Holdings, Inc. | |||
3.05%, 01/15/26 | 400 | 383,256 | |
5.35%, 12/01/28 | 250 | 248,901 | |
2.60%, 11/24/31(b) | 261 | 213,158 | |
26,965,739 |
Security | Par (000) | Value | |
Health Care Providers & Services — 1.9% | |||
Adventist Health System, 5.43%, 03/01/32 | $ | 500 | $ 490,447 |
Ascension Health, 2.53%, 11/15/29 | 97 | 84,568 | |
Banner Health, 2.34%, 01/01/30 | 500 | 425,717 | |
Baylor Scott & White Holdings, 1.78%, 11/15/30(b) | 57 | 45,949 | |
Bon Secours Mercy Health, Inc., 3.46%, 06/01/30 | 130 | 117,712 | |
Cedars-Sinai Health System, 2.29%, 08/15/31 | 130 | 106,211 | |
Centene Corp. | |||
4.25%, 12/15/27(b) | 1,562 | 1,472,983 | |
2.45%, 07/15/28 | 1,700 | 1,483,762 | |
4.63%, 12/15/29 | 2,276 | 2,119,452 | |
3.38%, 02/15/30 | 1,050 | 914,746 | |
3.00%, 10/15/30 | 1,430 | 1,198,711 | |
2.50%, 03/01/31 | 1,430 | 1,149,277 | |
2.63%, 08/01/31 | 846 | 676,919 | |
CHRISTUS Health, 4.34%, 07/01/28 | 100 | 95,374 | |
CommonSpirit Health | |||
1.55%, 10/01/25 | 120 | 112,889 | |
3.35%, 10/01/29 | 338 | 304,514 | |
2.78%, 10/01/30 | 930 | 786,238 | |
Elevance Health, Inc. | |||
5.35%, 10/15/25 | 220 | 219,234 | |
4.90%, 02/08/26 | 250 | 246,916 | |
1.50%, 03/15/26 | 820 | 761,431 | |
3.65%, 12/01/27 | 1,222 | 1,152,985 | |
4.10%, 03/01/28(b) | 954 | 913,518 | |
2.88%, 09/15/29 | 550 | 484,899 | |
2.25%, 05/15/30 | 926 | 773,161 | |
2.55%, 03/15/31 | 842 | 699,483 | |
4.10%, 05/15/32 | 458 | 415,136 | |
5.50%, 10/15/32 | 600 | 597,490 | |
4.75%, 02/15/33 | 700 | 661,118 | |
HCA, Inc. | |||
5.88%, 02/15/26 | 980 | 980,456 | |
5.25%, 06/15/26 | 829 | 820,483 | |
5.38%, 09/01/26 | 400 | 397,041 | |
4.50%, 02/15/27 | 784 | 759,740 | |
3.13%, 03/15/27 | 942 | 881,040 | |
5.20%, 06/01/28 | 653 | 641,713 | |
5.63%, 09/01/28 | 980 | 975,641 | |
5.88%, 02/01/29 | 600 | 602,942 | |
3.38%, 03/15/29 | 326 | 293,486 | |
4.13%, 06/15/29 | 1,170 | 1,087,138 | |
3.50%, 09/01/30 | 2,116 | 1,865,596 | |
5.45%, 04/01/31(b) | 784 | 767,667 | |
2.38%, 07/15/31 | 829 | 663,778 | |
3.63%, 03/15/32 | 1,305 | 1,122,489 | |
5.50%, 06/01/33 | 980 | 952,045 | |
5.60%, 04/01/34 | 650 | 634,241 | |
Humana, Inc. | |||
5.70%, 03/13/26 | 290 | 289,423 | |
1.35%, 02/03/27 | 633 | 565,218 | |
3.95%, 03/15/27 | 350 | 335,507 | |
5.75%, 03/01/28 | 115 | 115,593 | |
5.75%, 12/01/28 | 100 | 100,390 | |
3.70%, 03/23/29 | 288 | 265,448 | |
3.13%, 08/15/29(b) | 413 | 367,223 | |
4.88%, 04/01/30(b) | 290 | 279,273 | |
5.38%, 04/15/31 | 730 | 711,758 | |
2.15%, 02/03/32 | 384 | 298,331 | |
5.88%, 03/01/33 | 500 | 499,588 | |
5.95%, 03/15/34 | 496 | 496,626 |
Security | Par (000) | Value | |
Health Care Providers & Services (continued) | |||
ICON Investments Six DAC(c) | |||
05/08/27 | $ | 200 | $ 200,000 |
05/08/29 | 200 | 200,000 | |
05/08/34 | 200 | 199,792 | |
IQVIA, Inc. | |||
5.70%, 05/15/28 | 350 | 349,930 | |
6.25%, 02/01/29 | 635 | 645,336 | |
Kaiser Foundation Hospitals, 3.15%, 05/01/27 | 679 | 640,723 | |
Laboratory Corp. of America Holdings | |||
1.55%, 06/01/26 | 425 | 391,122 | |
3.60%, 09/01/27 | 413 | 390,223 | |
2.95%, 12/01/29 | 400 | 351,139 | |
2.70%, 06/01/31 | 156 | 130,263 | |
PeaceHealth Obligated Group, 1.38%, 11/15/25 | 200 | 185,786 | |
Providence St Joseph Health Obligated Group, 2.53%, 10/01/29(b) | 743 | 641,311 | |
Quest Diagnostics, Inc. | |||
3.45%, 06/01/26 | 250 | 239,952 | |
4.20%, 06/30/29 | 163 | 155,093 | |
2.95%, 06/30/30 | 350 | 303,019 | |
2.80%, 06/30/31 | 329 | 274,763 | |
6.40%, 11/30/33 | 500 | 523,651 | |
SSM Health Care Corp., 4.89%, 06/01/28 | 250 | 245,201 | |
Stanford Health Care, 3.31%, 08/15/30 | 250 | 223,605 | |
Sutter Health | |||
1.32%, 08/15/25 | 63 | 59,497 | |
2.29%, 08/15/30 | 517 | 433,533 | |
UnitedHealth Group, Inc. | |||
3.75%, 07/15/25 | 829 | 812,830 | |
5.15%, 10/15/25 | 500 | 498,761 | |
1.25%, 01/15/26 | 136 | 126,977 | |
3.10%, 03/15/26 | 413 | 396,919 | |
1.15%, 05/15/26 | 824 | 758,520 | |
3.45%, 01/15/27 | 413 | 395,432 | |
3.38%, 04/15/27 | 829 | 789,419 | |
4.60%, 04/15/27(b) | 320 | 314,670 | |
3.70%, 05/15/27(b) | 400 | 382,969 | |
2.95%, 10/15/27 | 350 | 324,912 | |
5.25%, 02/15/28 | 625 | 626,730 | |
3.85%, 06/15/28 | 829 | 786,917 | |
3.88%, 12/15/28 | 500 | 472,455 | |
4.25%, 01/15/29 | 590 | 566,701 | |
4.70%, 04/15/29 | 295 | 288,546 | |
4.00%, 05/15/29 | 350 | 331,538 | |
2.88%, 08/15/29 | 416 | 371,215 | |
5.30%, 02/15/30 | 800 | 800,250 | |
2.00%, 05/15/30 | 736 | 611,228 | |
4.90%, 04/15/31 | 475 | 462,139 | |
2.30%, 05/15/31 | 948 | 779,584 | |
4.20%, 05/15/32 | 950 | 876,058 | |
5.35%, 02/15/33(b) | 1,308 | 1,304,011 | |
4.50%, 04/15/33 | 1,224 | 1,147,302 | |
5.00%, 04/15/34 | 775 | 749,657 | |
Universal Health Services, Inc. | |||
1.65%, 09/01/26 | 745 | 676,927 | |
2.65%, 10/15/30 | 350 | 290,486 | |
2.65%, 01/15/32 | 195 | 155,146 | |
UPMC, 5.04%, 05/15/33(b) | 614 | 591,886 | |
59,754,838 |
Security | Par (000) | Value | |
Health Care REITs — 0.5% | |||
DOC DR LLC, 2.63%, 11/01/31 | $ | 413 | $ 332,514 |
Healthcare Realty Holdings LP | |||
3.50%, 08/01/26 | 400 | 379,613 | |
3.75%, 07/01/27 | 500 | 467,550 | |
3.10%, 02/15/30 | 229 | 195,116 | |
2.00%, 03/15/31 | 500 | 386,095 | |
Healthpeak OP LLC | |||
4.00%, 06/01/25(b) | 163 | 159,684 | |
3.25%, 07/15/26 | 400 | 380,409 | |
1.35%, 02/01/27 | 113 | 101,259 | |
2.13%, 12/01/28(b) | 350 | 303,038 | |
3.50%, 07/15/29 | 243 | 220,467 | |
3.00%, 01/15/30 | 438 | 379,951 | |
2.88%, 01/15/31 | 400 | 335,721 | |
5.25%, 12/15/32(b) | 430 | 413,477 | |
National Health Investors, Inc., 3.00%, 02/01/31 | 200 | 160,113 | |
Omega Healthcare Investors, Inc. | |||
5.25%, 01/15/26 | 332 | 327,270 | |
4.50%, 04/01/27(b) | 425 | 407,509 | |
4.75%, 01/15/28 | 413 | 392,080 | |
3.63%, 10/01/29 | 496 | 433,366 | |
3.38%, 02/01/31 | 300 | 250,511 | |
3.25%, 04/15/33 | 400 | 313,191 | |
Sabra Health Care LP | |||
5.13%, 08/15/26 | 350 | 342,423 | |
3.90%, 10/15/29 | 129 | 113,946 | |
3.20%, 12/01/31 | 413 | 331,833 | |
Ventas Realty LP | |||
4.13%, 01/15/26 | 186 | 180,507 | |
3.25%, 10/15/26 | 413 | 388,204 | |
3.85%, 04/01/27 | 268 | 255,299 | |
4.00%, 03/01/28 | 243 | 228,113 | |
4.40%, 01/15/29 | 500 | 471,708 | |
3.00%, 01/15/30 | 229 | 197,082 | |
4.75%, 11/15/30 | 179 | 168,603 | |
2.50%, 09/01/31 | 579 | 464,771 | |
Welltower OP LLC | |||
4.00%, 06/01/25 | 1,036 | 1,016,083 | |
4.25%, 04/01/26 | 578 | 563,392 | |
2.70%, 02/15/27 | 380 | 352,942 | |
4.25%, 04/15/28 | 400 | 381,165 | |
2.05%, 01/15/29 | 412 | 352,048 | |
4.13%, 03/15/29 | 229 | 214,525 | |
3.10%, 01/15/30 | 829 | 728,173 | |
2.75%, 01/15/31 | 495 | 415,650 | |
2.80%, 06/01/31 | 570 | 476,734 | |
2.75%, 01/15/32 | 413 | 336,920 | |
3.85%, 06/15/32 | 231 | 203,446 | |
14,522,501 | |||
Hotel & Resort REITs — 0.1% | |||
Host Hotels & Resorts LP | |||
4.00%, 06/15/25 | 123 | 120,287 | |
4.50%, 02/01/26 | 286 | 278,640 | |
3.38%, 12/15/29 | 629 | 549,036 | |
3.50%, 09/15/30(b) | 450 | 390,225 | |
2.90%, 12/15/31 | 329 | 267,661 | |
1,605,849 | |||
Hotels, Restaurants & Leisure — 0.8% | |||
Choice Hotels International, Inc. | |||
3.70%, 12/01/29(b) | 130 | 114,629 |
Security | Par (000) | Value | |
Hotels, Restaurants & Leisure (continued) | |||
Choice Hotels International, Inc. (continued) | |||
3.70%, 01/15/31 | $ | 300 | $ 256,473 |
Darden Restaurants, Inc. | |||
3.85%, 05/01/27 | 250 | 237,906 | |
6.30%, 10/10/33(b) | 250 | 253,511 | |
Hyatt Hotels Corp. | |||
5.75%, 01/30/27 | 276 | 277,328 | |
4.38%, 09/15/28 | 229 | 218,078 | |
5.75%, 04/23/30 | 413 | 413,200 | |
Las Vegas Sands Corp. | |||
3.50%, 08/18/26 | 578 | 544,595 | |
3.90%, 08/08/29 | 500 | 446,152 | |
Marriott International, Inc. | |||
5.75%, 05/01/25 | 502 | 502,143 | |
3.13%, 06/15/26 | 829 | 789,711 | |
5.45%, 09/15/26 | 75 | 74,894 | |
5.00%, 10/15/27 | 634 | 625,090 | |
4.00%, 04/15/28 | 829 | 785,454 | |
5.55%, 10/15/28 | 542 | 543,346 | |
4.90%, 04/15/29 | 490 | 476,926 | |
4.88%, 05/15/29 | 110 | 106,807 | |
4.63%, 06/15/30 | 829 | 787,789 | |
2.85%, 04/15/31 | 852 | 714,643 | |
3.50%, 10/15/32 | 776 | 659,860 | |
2.75%, 10/15/33 | 444 | 349,768 | |
5.30%, 05/15/34 | 130 | 124,682 | |
McDonald’s Corp. | |||
3.38%, 05/26/25 | 413 | 403,685 | |
3.30%, 07/01/25 | 455 | 443,706 | |
1.45%, 09/01/25 | 250 | 236,981 | |
3.70%, 01/30/26 | 1,099 | 1,068,721 | |
3.50%, 03/01/27 | 829 | 791,114 | |
3.50%, 07/01/27 | 628 | 595,143 | |
3.80%, 04/01/28 | 829 | 786,860 | |
4.80%, 08/14/28 | 250 | 245,919 | |
2.63%, 09/01/29 | 400 | 351,847 | |
2.13%, 03/01/30 | 450 | 378,450 | |
3.60%, 07/01/30 | 574 | 522,147 | |
4.60%, 09/09/32 | 400 | 381,030 | |
4.95%, 08/14/33 | 375 | 362,575 | |
Sands China Ltd. | |||
5.13%, 08/08/25 | 800 | 790,000 | |
4.05%, 01/08/26 | 400 | 384,976 | |
2.30%, 03/08/27 | 400 | 358,800 | |
5.40%, 08/08/28(b) | 1,050 | 1,016,537 | |
2.85%, 03/08/29 | 400 | 343,125 | |
4.63%, 06/18/30 | 400 | 360,343 | |
3.25%, 08/08/31 | 400 | 325,000 | |
Starbucks Corp. | |||
3.80%, 08/15/25 | 829 | 811,415 | |
4.75%, 02/15/26 | 516 | 509,582 | |
2.45%, 06/15/26 | 258 | 242,642 | |
4.85%, 02/08/27 | 610 | 602,659 | |
2.00%, 03/12/27(b) | 500 | 456,307 | |
3.50%, 03/01/28 | 350 | 327,970 | |
4.00%, 11/15/28 | 413 | 392,809 | |
3.55%, 08/15/29 | 610 | 563,563 | |
2.25%, 03/12/30 | 457 | 385,831 | |
2.55%, 11/15/30(b) | 660 | 557,585 | |
4.90%, 02/15/31(b) | 200 | 194,338 |
Security | Par (000) | Value | |
Hotels, Restaurants & Leisure (continued) | |||
Starbucks Corp. (continued) | |||
3.00%, 02/14/32(b) | $ | 628 | $ 533,482 |
4.80%, 02/15/33 | 300 | 288,057 | |
5.00%, 02/15/34 | 200 | 191,276 | |
25,507,460 | |||
Household Durables — 0.1% | |||
DR Horton, Inc. | |||
2.60%, 10/15/25 | 350 | 334,518 | |
1.30%, 10/15/26 | 241 | 217,584 | |
1.40%, 10/15/27 | 179 | 156,745 | |
Leggett & Platt, Inc. | |||
3.50%, 11/15/27 | 250 | 228,167 | |
4.40%, 03/15/29 | 179 | 163,480 | |
Lennar Corp. | |||
4.75%, 05/30/25 | 159 | 157,192 | |
4.75%, 11/29/27(b) | 309 | 303,440 | |
MDC Holdings, Inc., 2.50%, 01/15/31 | 130 | 114,032 | |
NVR, Inc., 3.00%, 05/15/30 | 350 | 303,434 | |
PulteGroup, Inc. | |||
5.50%, 03/01/26(b) | 250 | 249,044 | |
5.00%, 01/15/27 | 250 | 246,211 | |
7.88%, 06/15/32(b) | 200 | 225,835 | |
Toll Brothers Finance Corp. | |||
4.88%, 11/15/25 | 26 | 25,595 | |
4.88%, 03/15/27 | 225 | 219,801 | |
4.35%, 02/15/28 | 225 | 215,121 | |
3.80%, 11/01/29 | 225 | 204,979 | |
Whirlpool Corp. | |||
4.75%, 02/26/29(b) | 250 | 240,695 | |
2.40%, 05/15/31 | 159 | 127,701 | |
4.70%, 05/14/32(b) | 130 | 119,733 | |
5.50%, 03/01/33(b) | 150 | 145,774 | |
5.75%, 03/01/34 | 175 | 168,991 | |
4,168,072 | |||
Household Products — 0.2% | |||
Avery Dennison Corp. | |||
4.88%, 12/06/28 | 350 | 340,605 | |
2.65%, 04/30/30 | 350 | 298,953 | |
2.25%, 02/15/32 | 413 | 329,417 | |
5.75%, 03/15/33 | 270 | 272,234 | |
Church & Dwight Co., Inc. | |||
3.15%, 08/01/27 | 250 | 234,580 | |
2.30%, 12/15/31 | 129 | 104,368 | |
5.60%, 11/15/32 | 318 | 322,724 | |
Clorox Co. | |||
3.10%, 10/01/27 | 413 | 384,535 | |
3.90%, 05/15/28 | 264 | 251,200 | |
4.40%, 05/01/29 | 500 | 480,190 | |
1.80%, 05/15/30 | 250 | 203,849 | |
4.60%, 05/01/32(b) | 250 | 236,797 | |
Kimberly-Clark Corp. | |||
2.75%, 02/15/26 | 413 | 396,134 | |
1.05%, 09/15/27 | 350 | 305,927 | |
3.95%, 11/01/28 | 400 | 381,721 | |
3.20%, 04/25/29 | 350 | 319,910 | |
3.10%, 03/26/30 | 400 | 357,486 |
Security | Par (000) | Value | |
Household Products (continued) | |||
Kimberly-Clark Corp. (continued) | |||
2.00%, 11/02/31(b) | $ | 225 | $ 181,966 |
4.50%, 02/16/33 | 400 | 380,746 | |
5,783,342 | |||
Industrial Conglomerates — 0.1% | |||
3M Co. | |||
3.00%, 08/07/25 | 163 | 157,770 | |
2.25%, 09/19/26 | 400 | 371,417 | |
2.88%, 10/15/27 | 620 | 569,772 | |
3.63%, 09/14/28(b) | 296 | 275,685 | |
3.38%, 03/01/29(b) | 289 | 263,330 | |
2.38%, 08/26/29 | 816 | 699,827 | |
3.05%, 04/15/30(b) | 350 | 307,372 | |
Pentair Finance SARL | |||
4.50%, 07/01/29 | 256 | 243,846 | |
5.90%, 07/15/32 | 400 | 400,248 | |
3,289,267 | |||
Industrial REITs — 0.0% | |||
LXP Industrial Trust, 2.38%, 10/01/31 | 300 | 233,481 | |
Insurance — 1.9% | |||
Aegon Ltd., (6-mo. LIBOR US + 3.54%), 5.50%, 04/11/48(d) | 300 | 288,015 | |
Aflac, Inc. | |||
1.13%, 03/15/26 | 129 | 119,061 | |
2.88%, 10/15/26 | 620 | 583,822 | |
3.60%, 04/01/30 | 450 | 409,200 | |
Alleghany Corp., 3.63%, 05/15/30 | 579 | 529,242 | |
Allied World Assurance Co. Holdings Ltd., 4.35%, 10/29/25 | 350 | 341,055 | |
Allstate Corp. | |||
0.75%, 12/15/25 | 350 | 323,701 | |
3.28%, 12/15/26 | 620 | 587,307 | |
1.45%, 12/15/30 | 193 | 149,262 | |
5.25%, 03/30/33(b) | 600 | 585,634 | |
American Equity Investment Life Holding Co., 5.00%, 06/15/27 | 200 | 192,022 | |
American International Group, Inc. | |||
4.20%, 04/01/28 | 500 | 478,138 | |
3.40%, 06/30/30 | 252 | 224,792 | |
5.13%, 03/27/33 | 590 | 565,910 | |
(3-mo. LIBOR US + 2.87%), 5.75%, 04/01/48(d) | 560 | 540,503 | |
Aon Corp. | |||
4.50%, 12/15/28 | 129 | 123,842 | |
3.75%, 05/02/29 | 279 | 258,074 | |
2.80%, 05/15/30 | 745 | 641,522 | |
Aon Corp./Aon Global Holdings PLC | |||
2.85%, 05/28/27 | 450 | 417,476 | |
2.05%, 08/23/31 | 413 | 327,472 | |
2.60%, 12/02/31 | 286 | 233,474 | |
5.00%, 09/12/32 | 200 | 191,944 | |
5.35%, 02/28/33 | 400 | 389,074 | |
Aon Global Ltd., 3.88%, 12/15/25 | 496 | 482,786 | |
Aon North America, Inc. | |||
5.13%, 03/01/27 | 390 | 387,334 | |
5.15%, 03/01/29 | 535 | 527,840 | |
5.30%, 03/01/31(b) | 550 | 541,007 | |
5.45%, 03/01/34 | 1,302 | 1,273,433 | |
Arch Capital Finance LLC, 4.01%, 12/15/26 | 179 | 171,876 | |
Arthur J Gallagher & Co. | |||
2.40%, 11/09/31 | 413 | 329,534 | |
5.50%, 03/02/33 | 35 | 34,284 |
Security | Par (000) | Value | |
Insurance (continued) | |||
Arthur J Gallagher & Co. (continued) | |||
6.50%, 02/15/34 | $ | 275 | $ 286,396 |
5.45%, 07/15/34 | 50 | 48,573 | |
Assurant, Inc. | |||
3.70%, 02/22/30 | 150 | 131,656 | |
2.65%, 01/15/32 | 143 | 114,382 | |
Assured Guaranty U.S. Holdings, Inc., 3.15%, 06/15/31(b) | 250 | 212,463 | |
Athene Holding Ltd. | |||
4.13%, 01/12/28 | 400 | 380,421 | |
6.15%, 04/03/30 | 659 | 671,129 | |
3.50%, 01/15/31 | 254 | 220,198 | |
6.65%, 02/01/33 | 200 | 206,656 | |
5.88%, 01/15/34 | 400 | 389,696 | |
AXA SA, 8.60%, 12/15/30 | 500 | 575,488 | |
AXIS Specialty Finance PLC, 4.00%, 12/06/27(b) | 200 | 189,434 | |
Berkshire Hathaway Finance Corp. | |||
2.30%, 03/15/27 | 637 | 592,722 | |
1.85%, 03/12/30 | 413 | 345,231 | |
1.45%, 10/15/30 | 745 | 597,535 | |
2.88%, 03/15/32(b) | 500 | 427,310 | |
Berkshire Hathaway, Inc., 3.13%, 03/15/26 | 1,636 | 1,576,190 | |
Brighthouse Financial, Inc. | |||
3.70%, 06/22/27 | 400 | 375,581 | |
5.63%, 05/15/30(b) | 229 | 226,109 | |
Brown & Brown, Inc. | |||
2.38%, 03/15/31(b) | 829 | 668,307 | |
4.20%, 03/17/32 | 156 | 138,820 | |
Chubb INA Holdings LLC | |||
3.35%, 05/03/26 | 1,011 | 971,767 | |
1.38%, 09/15/30(b) | 674 | 535,100 | |
5.00%, 03/15/34 | 674 | 652,423 | |
CNA Financial Corp. | |||
4.50%, 03/01/26 | 288 | 281,808 | |
3.45%, 08/15/27 | 266 | 248,760 | |
3.90%, 05/01/29 | 413 | 383,215 | |
2.05%, 08/15/30 | 266 | 216,595 | |
5.50%, 06/15/33 | 400 | 391,749 | |
5.13%, 02/15/34 | 397 | 374,568 | |
CNO Financial Group, Inc. | |||
5.25%, 05/30/25 | 250 | 247,907 | |
5.25%, 05/30/29 | 300 | 288,405 | |
Corebridge Financial, Inc. | |||
3.65%, 04/05/27 | 475 | 449,808 | |
3.85%, 04/05/29 | 925 | 849,122 | |
3.90%, 04/05/32 | 825 | 719,724 | |
6.05%, 09/15/33(a) | 250 | 249,975 | |
5.75%, 01/15/34 | 200 | 196,469 | |
(5-year CMT + 3.85%), 6.88%, 12/15/52(d) | 350 | 346,483 | |
Enstar Finance LLC, (5-year CMT + 4.01%), 5.50%, 01/15/42(d) | 304 | 286,753 | |
Enstar Group Ltd. | |||
4.95%, 06/01/29(b) | 300 | 284,587 | |
3.10%, 09/01/31 | 591 | 471,688 | |
Equitable Holdings, Inc. | |||
4.35%, 04/20/28 | 829 | 789,670 | |
5.59%, 01/11/33 | 350 | 344,034 | |
F&G Annuities & Life, Inc., 7.40%, 01/13/28 | 300 | 308,313 | |
Fairfax Financial Holdings Ltd. | |||
4.85%, 04/17/28(b) | 300 | 291,280 | |
4.63%, 04/29/30 | 229 | 213,924 | |
3.38%, 03/03/31 | 300 | 256,386 | |
5.63%, 08/16/32 | 300 | 291,199 |
Security | Par (000) | Value | |
Insurance (continued) | |||
Fairfax Financial Holdings Ltd. (continued) | |||
6.00%, 12/07/33(a) | $ | 400 | $ 396,959 |
Fidelity National Financial, Inc. | |||
3.40%, 06/15/30 | 413 | 357,881 | |
2.45%, 03/15/31 | 500 | 398,853 | |
First American Financial Corp. | |||
4.00%, 05/15/30 | 430 | 380,664 | |
2.40%, 08/15/31 | 142 | 109,754 | |
Globe Life, Inc. | |||
4.55%, 09/15/28 | 350 | 324,410 | |
2.15%, 08/15/30 | 129 | 100,249 | |
4.80%, 06/15/32 | 160 | 143,726 | |
Hanover Insurance Group, Inc. | |||
4.50%, 04/15/26 | 496 | 484,599 | |
2.50%, 09/01/30(b) | 413 | 339,226 | |
Hartford Financial Services Group, Inc., 2.80%, 08/19/29 | 413 | 362,477 | |
Jackson Financial, Inc.(b) | |||
5.17%, 06/08/27 | 200 | 196,992 | |
3.13%, 11/23/31 | 179 | 146,643 | |
5.67%, 06/08/32 | 200 | 196,808 | |
Kemper Corp., 3.80%, 02/23/32 | 226 | 186,273 | |
Lincoln National Corp. | |||
3.80%, 03/01/28 | 1,243 | 1,171,214 | |
3.05%, 01/15/30(b) | 254 | 219,413 | |
3.40%, 01/15/31(b) | 276 | 236,267 | |
5.85%, 03/15/34 | 125 | 120,094 | |
Loews Corp. | |||
3.75%, 04/01/26 | 413 | 400,434 | |
3.20%, 05/15/30 | 541 | 480,724 | |
Manulife Financial Corp. | |||
4.15%, 03/04/26 | 715 | 698,643 | |
2.48%, 05/19/27 | 179 | 164,954 | |
3.70%, 03/16/32(b) | 373 | 332,617 | |
(5-year USD ICE Swap + 1.65%), 4.06%, 02/24/32(d) | 413 | 390,861 | |
Markel Group, Inc., 3.35%, 09/17/29 | 393 | 350,256 | |
Marsh & McLennan Cos., Inc. | |||
3.75%, 03/14/26 | 829 | 806,112 | |
4.38%, 03/15/29(b) | 1,121 | 1,083,202 | |
2.25%, 11/15/30 | 560 | 465,431 | |
2.38%, 12/15/31 | 250 | 202,975 | |
5.75%, 11/01/32 | 374 | 382,845 | |
5.88%, 08/01/33(b) | 300 | 309,736 | |
5.40%, 09/15/33 | 300 | 299,022 | |
5.15%, 03/15/34 | 200 | 195,148 | |
MetLife, Inc. | |||
3.60%, 11/13/25 | 356 | 346,214 | |
4.55%, 03/23/30(b) | 829 | 800,508 | |
6.50%, 12/15/32(b) | 400 | 429,517 | |
5.38%, 07/15/33 | 712 | 706,719 | |
Munich Re America Corp., 7.45%, 12/15/26(b) | 254 | 266,650 | |
Old Republic International Corp. | |||
3.88%, 08/26/26 | 250 | 239,622 | |
5.75%, 03/28/34 | 200 | 194,737 | |
PartnerRe Finance B LLC | |||
3.70%, 07/02/29 | 600 | 560,160 | |
(5-year CMT + 3.82%), 4.50%, 10/01/50(d) | 254 | 229,803 | |
Primerica, Inc., 2.80%, 11/19/31 | 424 | 345,811 | |
Principal Financial Group, Inc. | |||
3.40%, 05/15/25 | 163 | 159,355 | |
3.10%, 11/15/26 | 129 | 121,657 |
Security | Par (000) | Value | |
Insurance (continued) | |||
Principal Financial Group, Inc. (continued) | |||
3.70%, 05/15/29 | $ | 189 | $ 173,654 |
2.13%, 06/15/30 | 229 | 187,407 | |
5.38%, 03/15/33 | 200 | 196,117 | |
Progressive Corp. | |||
2.45%, 01/15/27 | 413 | 383,362 | |
2.50%, 03/15/27 | 194 | 179,955 | |
4.00%, 03/01/29(b) | 225 | 212,823 | |
3.20%, 03/26/30 | 350 | 312,119 | |
3.00%, 03/15/32 | 190 | 160,907 | |
6.25%, 12/01/32 | 400 | 422,376 | |
4.95%, 06/15/33 | 410 | 398,228 | |
Prudential Financial, Inc. | |||
1.50%, 03/10/26 | 179 | 166,688 | |
3.88%, 03/27/28 | 577 | 547,880 | |
2.10%, 03/10/30(b) | 253 | 212,820 | |
5.75%, 07/15/33(b) | 250 | 257,445 | |
(3-mo. LIBOR US + 2.38%), 4.50%, 09/15/47(d) | 450 | 417,745 | |
(3-mo. LIBOR US + 2.67%), 5.70%, 09/15/48(d) | 829 | 805,021 | |
(5-year CMT + 2.85%), 6.75%, 03/01/53(d) | 300 | 306,012 | |
(5-year CMT + 3.04%), 3.70%, 10/01/50(d) | 329 | 281,323 | |
(5-year CMT + 3.16%), 5.13%, 03/01/52(d) | 613 | 565,512 | |
(5-year CMT + 3.23%), 6.00%, 09/01/52(d) | 500 | 483,493 | |
Prudential Funding Asia PLC | |||
3.13%, 04/14/30(b) | 529 | 464,197 | |
3.63%, 03/24/32 | 413 | 363,311 | |
Reinsurance Group of America, Inc. | |||
3.90%, 05/15/29 | 393 | 365,366 | |
3.15%, 06/15/30 | 350 | 305,380 | |
6.00%, 09/15/33 | 200 | 200,836 | |
RenaissanceRe Holdings Ltd. | |||
3.60%, 04/15/29 | 300 | 271,772 | |
5.75%, 06/05/33 | 340 | 331,420 | |
Stewart Information Services Corp., 3.60%, 11/15/31 | 180 | 146,562 | |
Travelers Property Casualty Corp., 6.38%, 03/15/33 | 250 | 268,250 | |
Trinity Acquisition PLC, 4.40%, 03/15/26 | 413 | 402,679 | |
Unum Group, 4.00%, 06/15/29 | 129 | 119,015 | |
Willis North America, Inc. | |||
4.65%, 06/15/27 | 631 | 613,261 | |
4.50%, 09/15/28 | 505 | 482,212 | |
2.95%, 09/15/29 | 450 | 394,055 | |
5.35%, 05/15/33 | 460 | 442,300 | |
60,242,363 | |||
Interactive Media & Services — 0.5% | |||
Alphabet, Inc. | |||
0.45%, 08/15/25 | 663 | 624,074 | |
2.00%, 08/15/26 | 1,323 | 1,236,775 | |
0.80%, 08/15/27(b) | 761 | 669,250 | |
1.10%, 08/15/30 | 1,488 | 1,187,333 | |
Baidu, Inc. | |||
4.13%, 06/30/25 | 478 | 468,373 | |
1.72%, 04/09/26 | 350 | 325,174 | |
3.63%, 07/06/27(b) | 400 | 377,912 | |
4.38%, 03/29/28(b) | 350 | 337,666 | |
2.38%, 08/23/31 | 350 | 283,353 | |
Meta Platforms, Inc. | |||
3.50%, 08/15/27(b) | 1,500 | 1,425,531 | |
4.60%, 05/15/28 | 940 | 923,311 | |
4.80%, 05/15/30 | 602 | 591,080 | |
3.85%, 08/15/32 | 1,956 | 1,775,898 | |
4.95%, 05/15/33(b) | 1,040 | 1,018,827 |
Security | Par (000) | Value | |
Interactive Media & Services (continued) | |||
Netflix, Inc. | |||
4.38%, 11/15/26 | $ | 700 | $ 683,278 |
4.88%, 04/15/28 | 1,214 | 1,191,839 | |
5.88%, 11/15/28 | 1,500 | 1,531,052 | |
6.38%, 05/15/29 | 500 | 520,681 | |
Tencent Music Entertainment Group, 2.00%, 09/03/30 | 250 | 200,703 | |
Weibo Corp., 3.38%, 07/08/30(b) | 300 | 257,079 | |
15,629,189 | |||
Internet Software & Services — 0.2% | |||
Booking Holdings, Inc. | |||
3.60%, 06/01/26 | 699 | 674,661 | |
3.55%, 03/15/28 | 350 | 328,773 | |
4.63%, 04/13/30 | 1,147 | 1,105,687 | |
Expedia Group, Inc. | |||
5.00%, 02/15/26 | 413 | 407,968 | |
4.63%, 08/01/27 | 500 | 485,122 | |
3.80%, 02/15/28 | 620 | 581,460 | |
3.25%, 02/15/30 | 683 | 602,478 | |
2.95%, 03/15/31 | 252 | 214,725 | |
VeriSign, Inc. | |||
4.75%, 07/15/27 | 179 | 173,739 | |
2.70%, 06/15/31 | 244 | 200,076 | |
4,774,689 | |||
IT Services — 0.5% | |||
Amdocs Ltd., 2.54%, 06/15/30 | 400 | 334,427 | |
Booz Allen Hamilton, Inc., 5.95%, 08/04/33(b) | 330 | 332,136 | |
CGI, Inc. | |||
1.45%, 09/14/26 | 413 | 374,302 | |
2.30%, 09/14/31 | 213 | 165,365 | |
DXC Technology Co. | |||
1.80%, 09/15/26 | 496 | 449,263 | |
2.38%, 09/15/28 | 329 | 280,618 | |
IBM International Capital Pte. Ltd. | |||
4.70%, 02/05/26 | 400 | 394,822 | |
4.60%, 02/05/27 | 400 | 391,717 | |
4.60%, 02/05/29 | 400 | 387,073 | |
4.75%, 02/05/31 | 400 | 383,173 | |
4.90%, 02/05/34(b) | 400 | 378,444 | |
International Business Machines Corp. | |||
4.00%, 07/27/25 | 450 | 441,868 | |
7.00%, 10/30/25 | 350 | 358,120 | |
4.50%, 02/06/26(b) | 300 | 296,153 | |
3.45%, 02/19/26 | 700 | 676,906 | |
3.30%, 05/15/26 | 1,893 | 1,818,940 | |
3.30%, 01/27/27(b) | 655 | 622,815 | |
2.20%, 02/09/27 | 400 | 368,039 | |
1.70%, 05/15/27 | 881 | 792,233 | |
4.15%, 07/27/27 | 1,000 | 965,447 | |
6.22%, 08/01/27 | 250 | 257,350 | |
4.50%, 02/06/28 | 600 | 584,722 | |
3.50%, 05/15/29 | 2,019 | 1,858,203 | |
1.95%, 05/15/30 | 759 | 625,409 | |
2.72%, 02/09/32(b) | 250 | 210,471 | |
4.40%, 07/27/32 | 350 | 326,251 | |
5.88%, 11/29/32 | 163 | 168,317 | |
4.75%, 02/06/33(b) | 300 | 286,119 | |
Kyndryl Holdings, Inc. | |||
2.05%, 10/15/26 | 300 | 274,264 | |
2.70%, 10/15/28 | 200 | 174,477 | |
3.15%, 10/15/31 | 260 | 211,921 | |
6.35%, 02/20/34(b) | 260 | 258,601 |
Security | Par (000) | Value | |
IT Services (continued) | |||
Leidos, Inc. | |||
3.63%, 05/15/25 | $ | 200 | $ 195,309 |
4.38%, 05/15/30 | 500 | 462,572 | |
2.30%, 02/15/31 | 620 | 500,051 | |
5.75%, 03/15/33 | 350 | 347,757 | |
16,953,655 | |||
Leisure Products — 0.0% | |||
Brunswick Corp.(b) | |||
2.40%, 08/18/31 | 194 | 150,814 | |
4.40%, 09/15/32 | 329 | 289,225 | |
Hasbro, Inc. | |||
3.55%, 11/19/26 | 225 | 213,137 | |
3.50%, 09/15/27 | 163 | 151,663 | |
3.90%, 11/19/29 | 503 | 458,046 | |
Polaris, Inc., 6.95%, 03/15/29 | 254 | 264,599 | |
1,527,484 | |||
Machinery — 1.4% | |||
ABB Finance USA, Inc., 3.80%, 04/03/28(b) | 260 | 250,530 | |
AGCO Corp. | |||
5.45%, 03/21/27 | 300 | 298,967 | |
5.80%, 03/21/34 | 300 | 293,534 | |
Caterpillar Financial Services Corp. | |||
3.40%, 05/13/25 | 1,300 | 1,274,275 | |
5.15%, 08/11/25(b) | 400 | 398,934 | |
3.65%, 08/12/25 | 400 | 391,280 | |
0.80%, 11/13/25 | 829 | 774,685 | |
4.80%, 01/06/26 | 530 | 526,320 | |
5.05%, 02/27/26 | 325 | 323,398 | |
0.90%, 03/02/26 | 448 | 413,758 | |
4.35%, 05/15/26 | 856 | 841,271 | |
1.15%, 09/14/26 | 745 | 677,336 | |
1.70%, 01/08/27 | 413 | 377,397 | |
4.50%, 01/08/27(b) | 200 | 196,789 | |
3.60%, 08/12/27(b) | 400 | 381,208 | |
1.10%, 09/14/27 | 400 | 350,840 | |
4.85%, 02/27/29 | 275 | 271,245 | |
Caterpillar, Inc. | |||
2.60%, 09/19/29 | 298 | 263,595 | |
2.60%, 04/09/30 | 413 | 359,800 | |
1.90%, 03/12/31(b) | 753 | 621,330 | |
CNH Industrial Capital LLC | |||
3.95%, 05/23/25 | 201 | 196,927 | |
5.45%, 10/14/25 | 200 | 199,536 | |
1.88%, 01/15/26 | 179 | 167,934 | |
1.45%, 07/15/26 | 142 | 129,768 | |
4.55%, 04/10/28(b) | 200 | 192,522 | |
5.50%, 01/12/29(b) | 200 | 199,315 | |
5.10%, 04/20/29 | 275 | 269,106 | |
CNH Industrial NV, 3.85%, 11/15/27 | 350 | 333,317 | |
Deere & Co. | |||
5.38%, 10/16/29 | 308 | 312,950 | |
3.10%, 04/15/30 | 413 | 368,909 | |
Dover Corp. | |||
3.15%, 11/15/25 | 163 | 157,202 | |
2.95%, 11/04/29 | 110 | 97,247 | |
Flowserve Corp. | |||
3.50%, 10/01/30 | 200 | 173,684 | |
2.80%, 01/15/32 | 130 | 104,368 | |
Fortive Corp., 3.15%, 06/15/26 | 413 | 393,896 | |
IDEX Corp. | |||
3.00%, 05/01/30 | 400 | 344,389 | |
2.63%, 06/15/31 | 399 | 328,336 |
Security | Par (000) | Value | |
Machinery (continued) | |||
Illinois Tool Works, Inc., 2.65%, 11/15/26 | $ | 657 | $ 620,034 |
Ingersoll Rand, Inc. | |||
5.40%, 08/14/28 | 50 | 49,870 | |
5.70%, 08/14/33 | 590 | 586,021 | |
John Deere Capital Corp. | |||
3.40%, 06/06/25 | 635 | 621,475 | |
4.95%, 06/06/25 | 150 | 149,380 | |
4.05%, 09/08/25 | 461 | 453,147 | |
5.30%, 09/08/25 | 175 | 174,884 | |
3.40%, 09/11/25 | 500 | 486,551 | |
4.80%, 01/09/26(b) | 650 | 645,663 | |
0.70%, 01/15/26 | 745 | 690,021 | |
5.05%, 03/03/26 | 300 | 298,774 | |
4.95%, 03/06/26(b) | 225 | 223,693 | |
4.75%, 06/08/26 | 260 | 257,235 | |
1.05%, 06/17/26 | 209 | 191,392 | |
5.15%, 09/08/26 | 115 | 114,794 | |
2.25%, 09/14/26 | 413 | 385,463 | |
1.30%, 10/13/26(b) | 425 | 386,554 | |
4.50%, 01/08/27 | 300 | 295,160 | |
1.70%, 01/11/27 | 193 | 176,217 | |
4.85%, 03/05/27 | 225 | 223,082 | |
2.35%, 03/08/27 | 307 | 283,770 | |
1.75%, 03/09/27 | 341 | 310,130 | |
2.80%, 09/08/27 | 307 | 284,610 | |
4.15%, 09/15/27 | 950 | 920,625 | |
3.05%, 01/06/28 | 225 | 210,143 | |
4.75%, 01/20/28 | 600 | 591,718 | |
4.90%, 03/03/28 | 450 | 446,097 | |
1.50%, 03/06/28 | 163 | 142,336 | |
4.95%, 07/14/28 | 845 | 837,986 | |
4.50%, 01/16/29 | 606 | 589,436 | |
3.45%, 03/07/29(b) | 369 | 342,429 | |
3.35%, 04/18/29 | 279 | 257,279 | |
2.80%, 07/18/29 | 520 | 464,374 | |
2.45%, 01/09/30 | 225 | 195,171 | |
4.70%, 06/10/30(b) | 615 | 599,004 | |
1.45%, 01/15/31 | 745 | 590,802 | |
4.90%, 03/07/31 | 580 | 566,702 | |
2.00%, 06/17/31 | 209 | 168,895 | |
3.90%, 06/07/32 | 341 | 310,765 | |
4.35%, 09/15/32 | 450 | 422,632 | |
5.15%, 09/08/33(b) | 570 | 564,138 | |
5.10%, 04/11/34 | 325 | 319,123 | |
Kennametal, Inc., 2.80%, 03/01/31 | 100 | 82,118 | |
Nordson Corp. | |||
5.60%, 09/15/28 | 85 | 85,015 | |
5.80%, 09/15/33(b) | 125 | 126,294 | |
nVent Finance SARL | |||
4.55%, 04/15/28 | 254 | 244,803 | |
2.75%, 11/15/31 | 120 | 96,789 | |
5.65%, 05/15/33 | 400 | 394,803 | |
Otis Worldwide Corp. | |||
2.29%, 04/05/27 | 340 | 313,471 | |
5.25%, 08/16/28 | 510 | 508,355 | |
2.57%, 02/15/30 | 1,193 | 1,022,669 | |
Parker-Hannifin Corp. | |||
3.25%, 03/01/27 | 582 | 550,691 | |
4.25%, 09/15/27 | 814 | 787,348 | |
3.25%, 06/14/29 | 859 | 779,869 | |
4.50%, 09/15/29(b) | 832 | 801,530 |
Security | Par (000) | Value | |
Machinery (continued) | |||
Regal Rexnord Corp.(a) | |||
6.05%, 02/15/26 | $ | 450 | $ 450,064 |
6.05%, 04/15/28 | 500 | 499,034 | |
6.30%, 02/15/30 | 700 | 702,993 | |
6.40%, 04/15/33(b) | 700 | 705,677 | |
Rockwell Automation, Inc. | |||
3.50%, 03/01/29 | 288 | 268,177 | |
1.75%, 08/15/31(b) | 159 | 124,999 | |
Stanley Black & Decker, Inc. | |||
3.40%, 03/01/26 | 278 | 267,296 | |
6.00%, 03/06/28(b) | 750 | 762,271 | |
4.25%, 11/15/28 | 179 | 170,182 | |
2.30%, 03/15/30 | 329 | 273,060 | |
3.00%, 05/15/32 | 258 | 212,839 | |
Westinghouse Air Brake Technologies Corp. | |||
3.20%, 06/15/25 | 413 | 400,842 | |
3.45%, 11/15/26 | 400 | 379,338 | |
4.70%, 09/15/28 | 813 | 782,516 | |
5.61%, 03/11/34 | 412 | 405,018 | |
Xylem, Inc./New York | |||
3.25%, 11/01/26 | 300 | 284,166 | |
1.95%, 01/30/28(b) | 350 | 310,056 | |
2.25%, 01/30/31 | 350 | 287,132 | |
42,782,888 | |||
Media — 1.6% | |||
Charter Communications Operating LLC/Charter Communications Operating Capital | |||
4.91%, 07/23/25 | 3,000 | 2,958,930 | |
6.15%, 11/10/26 | 555 | 556,366 | |
3.75%, 02/15/28 | 413 | 377,949 | |
4.20%, 03/15/28 | 810 | 753,444 | |
2.25%, 01/15/29 | 849 | 708,649 | |
5.05%, 03/30/29 | 829 | 782,973 | |
2.80%, 04/01/31 | 1,037 | 823,531 | |
2.30%, 02/01/32 | 647 | 482,234 | |
4.40%, 04/01/33(b) | 550 | 469,602 | |
6.65%, 02/01/34(b) | 750 | 739,608 | |
Comcast Corp. | |||
3.38%, 08/15/25 | 1,137 | 1,107,808 | |
3.95%, 10/15/25 | 2,036 | 1,992,263 | |
5.25%, 11/07/25 | 835 | 833,452 | |
3.15%, 03/01/26 | 1,450 | 1,396,752 | |
2.35%, 01/15/27 | 702 | 650,485 | |
3.30%, 02/01/27 | 829 | 789,034 | |
3.30%, 04/01/27 | 309 | 293,015 | |
5.35%, 11/15/27 | 175 | 175,875 | |
3.15%, 02/15/28 | 1,036 | 960,235 | |
3.55%, 05/01/28 | 829 | 776,965 | |
4.15%, 10/15/28 | 3,339 | 3,197,358 | |
4.55%, 01/15/29 | 440 | 427,361 | |
2.65%, 02/01/30 | 782 | 677,939 | |
3.40%, 04/01/30 | 1,336 | 1,203,419 | |
4.25%, 10/15/30 | 1,005 | 943,707 | |
1.95%, 01/15/31 | 699 | 564,338 | |
1.50%, 02/15/31 | 1,460 | 1,144,156 | |
5.50%, 11/15/32 | 650 | 653,224 | |
4.25%, 01/15/33 | 1,150 | 1,051,404 | |
4.65%, 02/15/33(b) | 390 | 368,892 | |
7.05%, 03/15/33 | 500 | 550,157 | |
4.80%, 05/15/33 | 440 | 418,646 | |
Discovery Communications LLC | |||
3.95%, 06/15/25 | 500 | 488,582 |
Security | Par (000) | Value | |
Media (continued) | |||
Discovery Communications LLC (continued) | |||
4.90%, 03/11/26 | $ | 272 | $ 267,543 |
3.95%, 03/20/28 | 862 | 802,011 | |
4.13%, 05/15/29 | 300 | 274,290 | |
3.63%, 05/15/30 | 400 | 348,298 | |
FactSet Research Systems, Inc. | |||
2.90%, 03/01/27 | 140 | 130,013 | |
3.45%, 03/01/32 | 130 | 110,276 | |
Fox Corp. | |||
4.71%, 01/25/29 | 1,161 | 1,122,596 | |
3.50%, 04/08/30 | 350 | 312,686 | |
6.50%, 10/13/33 | 600 | 616,067 | |
Interpublic Group of Cos., Inc. | |||
4.65%, 10/01/28 | 326 | 313,988 | |
4.75%, 03/30/30 | 829 | 791,707 | |
2.40%, 03/01/31 | 185 | 151,079 | |
5.38%, 06/15/33 | 138 | 133,985 | |
Omnicom Group, Inc. | |||
2.45%, 04/30/30 | 579 | 487,092 | |
4.20%, 06/01/30 | 350 | 326,149 | |
2.60%, 08/01/31(b) | 583 | 480,767 | |
Omnicom Group, Inc./Omnicom Capital, Inc., 3.60%, 04/15/26 | 1,075 | 1,038,390 | |
Paramount Global | |||
2.90%, 01/15/27(b) | 210 | 192,123 | |
3.38%, 02/15/28(b) | 413 | 367,684 | |
3.70%, 06/01/28 | 413 | 369,219 | |
4.20%, 06/01/29 | 250 | 222,295 | |
7.88%, 07/30/30 | 350 | 361,291 | |
4.95%, 01/15/31 | 829 | 730,509 | |
4.20%, 05/19/32 | 400 | 326,658 | |
5.50%, 05/15/33 | 300 | 259,071 | |
TCI Communications, Inc., 7.88%, 02/15/26 | 163 | 169,522 | |
Thomson Reuters Corp., 3.35%, 05/15/26 | 384 | 367,171 | |
Time Warner Cable Enterprises LLC, 8.38%, 07/15/33 | 500 | 541,690 | |
TWDC Enterprises 18 Corp. | |||
3.15%, 09/17/25 | 391 | 378,896 | |
3.00%, 02/13/26 | 580 | 556,562 | |
1.85%, 07/30/26 | 829 | 769,126 | |
2.95%, 06/15/27 | 620 | 582,712 | |
7.00%, 03/01/32 | 250 | 275,772 | |
Walt Disney Co. | |||
3.70%, 10/15/25 | 686 | 669,002 | |
1.75%, 01/13/26 | 780 | 734,191 | |
3.38%, 11/15/26 | 143 | 136,682 | |
3.70%, 03/23/27 | 250 | 240,549 | |
2.20%, 01/13/28(b) | 829 | 749,527 | |
2.00%, 09/01/29 | 1,219 | 1,038,115 | |
3.80%, 03/22/30 | 829 | 769,815 | |
2.65%, 01/13/31 | 1,522 | 1,302,314 | |
49,135,786 | |||
Metals & Mining — 0.7% | |||
AngloGold Ashanti Holdings PLC | |||
3.38%, 11/01/28 | 450 | 402,525 | |
3.75%, 10/01/30 | 478 | 412,424 | |
ArcelorMittal SA | |||
4.55%, 03/11/26 | 163 | 159,145 | |
6.55%, 11/29/27 | 500 | 512,811 | |
4.25%, 07/16/29 | 225 | 211,361 |
Security | Par (000) | Value | |
Metals & Mining (continued) | |||
ArcelorMittal SA (continued) | |||
6.80%, 11/29/32(b) | $ | 400 | $ 416,553 |
BHP Billiton Finance USA Ltd. | |||
4.88%, 02/27/26 | 806 | 797,631 | |
6.42%, 03/01/26 | 261 | 265,150 | |
5.25%, 09/08/26 | 600 | 598,415 | |
4.75%, 02/28/28 | 806 | 790,898 | |
5.10%, 09/08/28 | 600 | 595,277 | |
5.25%, 09/08/30 | 600 | 595,149 | |
4.90%, 02/28/33 | 465 | 446,291 | |
5.25%, 09/08/33(b) | 1,114 | 1,091,824 | |
Freeport-McMoRan, Inc. | |||
5.00%, 09/01/27(b) | 329 | 323,017 | |
4.13%, 03/01/28 | 413 | 388,862 | |
4.38%, 08/01/28 | 329 | 312,571 | |
5.25%, 09/01/29(b) | 329 | 327,605 | |
4.25%, 03/01/30 | 329 | 304,021 | |
4.63%, 08/01/30 | 398 | 374,797 | |
Kinross Gold Corp. | |||
4.50%, 07/15/27 | 256 | 246,800 | |
6.25%, 07/15/33(a) | 350 | 355,768 | |
Newmont Corp. | |||
2.80%, 10/01/29 | 245 | 214,931 | |
2.25%, 10/01/30 | 413 | 342,473 | |
2.60%, 07/15/32(b) | 550 | 446,728 | |
Newmont Corp./Newcrest Finance Pty. Ltd.(a) | |||
5.30%, 03/15/26 | 634 | 629,967 | |
3.25%, 05/13/30 | 358 | 316,822 | |
5.35%, 03/15/34(b) | 634 | 618,429 | |
Nucor Corp. | |||
3.95%, 05/23/25 | 355 | 348,732 | |
2.00%, 06/01/25 | 250 | 240,879 | |
4.30%, 05/23/27 | 366 | 355,449 | |
3.95%, 05/01/28 | 179 | 170,229 | |
2.70%, 06/01/30 | 179 | 155,627 | |
3.13%, 04/01/32 | 209 | 178,342 | |
Precision Castparts Corp., 3.25%, 06/15/25 | 350 | 341,475 | |
Reliance, Inc. | |||
1.30%, 08/15/25 | 280 | 264,472 | |
2.15%, 08/15/30 | 350 | 286,104 | |
Rio Tinto Alcan, Inc. | |||
7.25%, 03/15/31 | 293 | 320,287 | |
6.13%, 12/15/33 | 501 | 523,448 | |
Rio Tinto Finance USA Ltd., 7.13%, 07/15/28 | 829 | 885,572 | |
Rio Tinto Finance USA PLC, 5.00%, 03/09/33(b) | 544 | 531,223 | |
Steel Dynamics, Inc. | |||
2.40%, 06/15/25 | 300 | 288,665 | |
5.00%, 12/15/26 | 161 | 158,356 | |
1.65%, 10/15/27 | 413 | 363,723 | |
3.45%, 04/15/30 | 350 | 313,205 | |
3.25%, 01/15/31 | 213 | 184,850 | |
Teck Resources Ltd., 3.90%, 07/15/30(b) | 350 | 316,124 | |
Timken Co. | |||
4.50%, 12/15/28 | 413 | 395,526 | |
4.13%, 04/01/32 | 225 | 199,509 | |
Vale Overseas Ltd. | |||
6.25%, 08/10/26 | 256 | 258,960 | |
3.75%, 07/08/30 | 829 | 725,375 | |
6.13%, 06/12/33 | 950 | 932,805 |
Security | Par (000) | Value | |
Metals & Mining (continued) | |||
Vale Overseas Ltd. (continued) | |||
8.25%, 01/17/34(b) | $ | 326 | $ 369,358 |
Yamana Gold, Inc., 2.63%, 08/15/31 | 250 | 203,345 | |
21,809,885 | |||
Multi-Utilities — 0.0% | |||
DTE Energy Co., 5.85%, 06/01/34 | 350 | 348,022 | |
Office REITs — 0.4% | |||
Alexandria Real Estate Equities, Inc. | |||
4.30%, 01/15/26 | 620 | 605,763 | |
3.95%, 01/15/27 | 413 | 395,172 | |
3.95%, 01/15/28 | 276 | 260,639 | |
4.70%, 07/01/30 | 294 | 278,699 | |
4.90%, 12/15/30 | 450 | 432,424 | |
3.38%, 08/15/31 | 679 | 587,405 | |
2.00%, 05/18/32 | 600 | 457,758 | |
1.88%, 02/01/33 | 683 | 501,766 | |
2.95%, 03/15/34 | 522 | 411,785 | |
Boston Properties LP | |||
3.65%, 02/01/26 | 474 | 454,671 | |
2.75%, 10/01/26 | 450 | 416,532 | |
6.75%, 12/01/27 | 356 | 363,551 | |
4.50%, 12/01/28 | 829 | 772,846 | |
3.40%, 06/21/29 | 403 | 352,739 | |
2.90%, 03/15/30 | 397 | 331,664 | |
3.25%, 01/30/31 | 829 | 689,248 | |
2.55%, 04/01/32 | 615 | 470,485 | |
2.45%, 10/01/33 | 507 | 367,279 | |
6.50%, 01/15/34(b) | 387 | 386,841 | |
Corporate Office Properties LP | |||
2.00%, 01/15/29 | 130 | 108,270 | |
2.75%, 04/15/31 | 179 | 143,800 | |
Highwoods Realty LP | |||
4.13%, 03/15/28(b) | 163 | 150,837 | |
3.05%, 02/15/30 | 413 | 341,288 | |
Kilroy Realty LP | |||
4.75%, 12/15/28 | 300 | 281,855 | |
4.25%, 08/15/29 | 160 | 142,734 | |
3.05%, 02/15/30 | 179 | 148,751 | |
2.50%, 11/15/32 | 308 | 225,134 | |
2.65%, 11/15/33 | 300 | 214,530 | |
Piedmont Operating Partnership LP | |||
9.25%, 07/20/28 | 306 | 322,946 | |
3.15%, 08/15/30 | 413 | 318,971 | |
10,936,383 | |||
Oil, Gas & Consumable Fuels — 5.1% | |||
Apache Corp., 4.25%, 01/15/30(b) | 350 | 321,959 | |
Boardwalk Pipelines LP | |||
5.95%, 06/01/26 | 400 | 400,977 | |
4.45%, 07/15/27 | 189 | 182,579 | |
4.80%, 05/03/29 | 413 | 398,320 | |
3.40%, 02/15/31 | 350 | 300,937 | |
3.60%, 09/01/32 | 200 | 168,846 | |
5.63%, 08/01/34 | 200 | 193,050 | |
BP Capital Markets America, Inc. | |||
3.80%, 09/21/25 | 829 | 811,302 | |
3.41%, 02/11/26 | 742 | 716,893 | |
3.12%, 05/04/26 | 741 | 709,521 | |
3.02%, 01/16/27 | 373 | 352,274 | |
3.54%, 04/06/27 | 179 | 170,693 | |
3.59%, 04/14/27 | 456 | 435,097 | |
3.94%, 09/21/28 | 413 | 392,812 |
Security | Par (000) | Value | |
Oil, Gas & Consumable Fuels (continued) | |||
BP Capital Markets America, Inc. (continued) | |||
4.23%, 11/06/28 | $ | 829 | $ 796,253 |
4.70%, 04/10/29 | 400 | 391,113 | |
3.63%, 04/06/30 | 829 | 764,346 | |
1.75%, 08/10/30 | 425 | 346,486 | |
2.72%, 01/12/32 | 1,263 | 1,057,612 | |
4.81%, 02/13/33 | 1,450 | 1,386,043 | |
4.89%, 09/11/33 | 1,161 | 1,115,433 | |
4.99%, 04/10/34 | 400 | 386,264 | |
BP Capital Markets PLC | |||
3.28%, 09/19/27 | 1,113 | 1,044,622 | |
3.72%, 11/28/28 | 829 | 778,213 | |
Burlington Resources LLC | |||
7.20%, 08/15/31 | 250 | 276,950 | |
7.40%, 12/01/31 | 320 | 358,606 | |
Canadian Natural Resources Ltd. | |||
2.05%, 07/15/25 | 400 | 382,256 | |
3.85%, 06/01/27(b) | 925 | 880,132 | |
2.95%, 07/15/30 | 413 | 354,673 | |
7.20%, 01/15/32 | 350 | 377,653 | |
6.45%, 06/30/33 | 259 | 269,411 | |
Cenovus Energy, Inc. | |||
4.25%, 04/15/27 | 280 | 269,513 | |
2.65%, 01/15/32 | 136 | 110,093 | |
Cheniere Corpus Christi Holdings LLC | |||
5.13%, 06/30/27 | 905 | 892,162 | |
3.70%, 11/15/29 | 763 | 693,102 | |
Cheniere Energy Partners LP | |||
4.50%, 10/01/29(b) | 902 | 843,949 | |
4.00%, 03/01/31 | 1,000 | 892,258 | |
3.25%, 01/31/32(b) | 826 | 690,094 | |
5.95%, 06/30/33 | 930 | 927,471 | |
Cheniere Energy, Inc. | |||
4.63%, 10/15/28 | 1,198 | 1,145,177 | |
5.65%, 04/15/34(a) | 900 | 880,809 | |
Chevron Corp. | |||
1.55%, 05/11/25 | 1,204 | 1,158,023 | |
3.33%, 11/17/25 | 413 | 401,205 | |
2.95%, 05/16/26 | 1,036 | 990,852 | |
2.00%, 05/11/27 | 430 | 392,826 | |
2.24%, 05/11/30 | 787 | 669,956 | |
Chevron USA, Inc. | |||
0.69%, 08/12/25(b) | 628 | 592,264 | |
1.02%, 08/12/27(b) | 541 | 474,324 | |
3.85%, 01/15/28 | 243 | 233,905 | |
3.25%, 10/15/29 | 350 | 320,081 | |
CNOOC Finance 2015 USA LLC, Series 2015, 4.38%, 05/02/28 | 1,310 | 1,269,881 | |
CNOOC Petroleum North America ULC, 7.88%, 03/15/32 | 176 | 205,271 | |
Columbia Pipeline Group, Inc., 4.50%, 06/01/25 | 563 | 554,211 | |
Conoco Funding Co., 7.25%, 10/15/31 | 350 | 388,717 | |
ConocoPhillips, 5.90%, 10/15/32(b) | 250 | 261,492 | |
ConocoPhillips Co. | |||
6.95%, 04/15/29 | 743 | 797,318 | |
5.05%, 09/15/33(b) | 622 | 605,856 | |
Continental Resources, Inc., 4.38%, 01/15/28 | 579 | 552,017 | |
Coterra Energy, Inc. | |||
3.90%, 05/15/27 | 400 | 380,464 | |
4.38%, 03/15/29 | 179 | 168,660 | |
5.60%, 03/15/34 | 275 | 268,907 | |
DCP Midstream Operating LP | |||
5.38%, 07/15/25 | 210 | 208,948 |
Security | Par (000) | Value | |
Oil, Gas & Consumable Fuels (continued) | |||
DCP Midstream Operating LP (continued) | |||
5.63%, 07/15/27 | $ | 200 | $ 200,316 |
5.13%, 05/15/29 | 502 | 490,252 | |
8.13%, 08/16/30 | 300 | 335,455 | |
3.25%, 02/15/32 | 160 | 134,599 | |
Devon Energy Corp. | |||
5.85%, 12/15/25 | 163 | 163,146 | |
5.25%, 10/15/27 | 200 | 197,699 | |
5.88%, 06/15/28 | 538 | 538,706 | |
4.50%, 01/15/30 | 538 | 507,513 | |
7.88%, 09/30/31 | 450 | 502,665 | |
7.95%, 04/15/32 | 284 | 319,231 | |
Diamondback Energy, Inc. | |||
3.25%, 12/01/26 | 500 | 474,087 | |
5.20%, 04/18/27 | 850 | 843,829 | |
3.50%, 12/01/29 | 829 | 752,918 | |
5.15%, 01/30/30 | 850 | 833,701 | |
3.13%, 03/24/31 | 470 | 407,100 | |
6.25%, 03/15/33(b) | 720 | 743,474 | |
5.40%, 04/18/34 | 630 | 612,210 | |
Eastern Gas Transmission & Storage, Inc., 3.00%, 11/15/29 | 179 | 156,452 | |
Enbridge Energy Partners LP, 5.88%, 10/15/25 | 193 | 193,085 | |
Enbridge, Inc. | |||
1.60%, 10/04/26 | 381 | 346,739 | |
5.90%, 11/15/26 | 405 | 407,614 | |
4.25%, 12/01/26 | 829 | 803,580 | |
5.25%, 04/05/27 | 225 | 223,263 | |
3.70%, 07/15/27(b) | 829 | 787,296 | |
6.00%, 11/15/28 | 570 | 579,386 | |
5.30%, 04/05/29 | 130 | 128,501 | |
3.13%, 11/15/29 | 760 | 675,233 | |
6.20%, 11/15/30 | 571 | 588,046 | |
5.70%, 03/08/33 | 1,348 | 1,332,536 | |
2.50%, 08/01/33 | 760 | 587,270 | |
5.63%, 04/05/34 | 1,085 | 1,061,546 | |
Energy Transfer LP | |||
2.90%, 05/15/25 | 457 | 444,293 | |
4.75%, 01/15/26 | 829 | 816,020 | |
3.90%, 07/15/26 | 350 | 337,473 | |
6.05%, 12/01/26 | 831 | 840,774 | |
4.40%, 03/15/27 | 500 | 484,348 | |
4.20%, 04/15/27 | 829 | 796,519 | |
5.50%, 06/01/27 | 650 | 646,771 | |
4.00%, 10/01/27 | 300 | 285,213 | |
5.55%, 02/15/28 | 762 | 761,211 | |
4.95%, 05/15/28 | 829 | 807,121 | |
4.95%, 06/15/28 | 831 | 809,235 | |
6.10%, 12/01/28 | 90 | 91,720 | |
5.25%, 04/15/29 | 1,143 | 1,125,114 | |
4.15%, 09/15/29 | 416 | 387,026 | |
3.75%, 05/15/30 | 779 | 702,750 | |
6.40%, 12/01/30 | 761 | 783,750 | |
5.75%, 02/15/33 | 1,142 | 1,132,872 | |
6.55%, 12/01/33 | 830 | 864,806 | |
Eni USA, Inc., 7.30%, 11/15/27 | 301 | 314,872 | |
EnLink Midstream LLC, 5.38%, 06/01/29 | 270 | 260,317 | |
EnLink Midstream Partners LP, 4.85%, 07/15/26 | 266 | 258,706 | |
Enterprise Products Operating LLC | |||
5.05%, 01/10/26 | 350 | 348,072 | |
3.70%, 02/15/26 | 376 | 365,596 | |
4.60%, 01/11/27 | 808 | 794,319 |
Security | Par (000) | Value | |
Oil, Gas & Consumable Fuels (continued) | |||
Enterprise Products Operating LLC (continued) | |||
3.95%, 02/15/27 | $ | 209 | $ 201,959 |
4.15%, 10/16/28 | 829 | 791,977 | |
3.13%, 07/31/29 | 1,010 | 911,501 | |
2.80%, 01/31/30 | 711 | 622,543 | |
5.35%, 01/31/33 | 600 | 594,545 | |
6.88%, 03/01/33 | 400 | 435,718 | |
4.85%, 01/31/34(b) | 808 | 770,304 | |
(3-mo. CME Term SOFR + 2.83%), 5.38%, 02/15/78(d) | 200 | 185,221 | |
(3-mo. CME Term SOFR + 3.29%), 5.25%, 08/16/77(d) | 620 | 581,556 | |
EOG Resources, Inc. | |||
4.15%, 01/15/26 | 450 | 441,119 | |
4.38%, 04/15/30(b) | 829 | 793,471 | |
EQT Corp. | |||
3.90%, 10/01/27 | 660 | 622,513 | |
5.70%, 04/01/28 | 313 | 311,853 | |
5.00%, 01/15/29 | 130 | 125,449 | |
7.00%, 02/01/30 | 371 | 387,232 | |
5.75%, 02/01/34(b) | 275 | 267,037 | |
Equinor ASA | |||
3.63%, 09/10/28 | 600 | 566,471 | |
3.13%, 04/06/30(b) | 829 | 746,019 | |
2.38%, 05/22/30 | 829 | 709,555 | |
Exxon Mobil Corp. | |||
3.04%, 03/01/26 | 1,412 | 1,360,891 | |
2.28%, 08/16/26 | 413 | 387,765 | |
3.29%, 03/19/27 | 660 | 631,404 | |
2.44%, 08/16/29 | 663 | 584,037 | |
3.48%, 03/19/30 | 911 | 837,582 | |
2.61%, 10/15/30 | 1,010 | 874,359 | |
Helmerich & Payne, Inc., 2.90%, 09/29/31 | 350 | 284,379 | |
Hess Corp. | |||
4.30%, 04/01/27 | 657 | 635,782 | |
7.88%, 10/01/29 | 350 | 388,356 | |
7.30%, 08/15/31(b) | 533 | 585,707 | |
7.13%, 03/15/33 | 450 | 493,368 | |
HF Sinclair Corp. | |||
5.88%, 04/01/26 | 413 | 413,990 | |
6.38%, 04/15/27(a) | 284 | 284,033 | |
5.00%, 02/01/28(a) | 292 | 280,155 | |
Kinder Morgan Energy Partners LP, 7.30%, 08/15/33 | 300 | 327,814 | |
Kinder Morgan, Inc. | |||
4.30%, 06/01/25 | 739 | 728,300 | |
1.75%, 11/15/26 | 215 | 196,086 | |
4.30%, 03/01/28 | 937 | 899,950 | |
5.00%, 02/01/29 | 1,010 | 985,410 | |
2.00%, 02/15/31 | 745 | 597,460 | |
7.80%, 08/01/31 | 350 | 388,581 | |
7.75%, 01/15/32 | 829 | 917,849 | |
4.80%, 02/01/33 | 562 | 521,034 | |
5.20%, 06/01/33(b) | 1,212 | 1,154,844 | |
5.40%, 02/01/34 | 808 | 778,868 | |
Marathon Oil Corp. | |||
4.40%, 07/15/27 | 829 | 797,922 | |
5.30%, 04/01/29 | 275 | 269,642 | |
6.80%, 03/15/32(b) | 229 | 240,726 | |
5.70%, 04/01/34 | 275 | 265,861 | |
Marathon Petroleum Corp. | |||
4.70%, 05/01/25 | 829 | 820,597 | |
5.13%, 12/15/26 | 350 | 346,588 |
Security | Par (000) | Value | |
Oil, Gas & Consumable Fuels (continued) | |||
Marathon Petroleum Corp. (continued) | |||
3.80%, 04/01/28 | $ | 179 | $ 168,649 |
MPLX LP | |||
4.88%, 06/01/25 | 763 | 755,802 | |
1.75%, 03/01/26 | 1,134 | 1,056,720 | |
4.13%, 03/01/27 | 829 | 799,204 | |
4.25%, 12/01/27 | 609 | 583,411 | |
4.00%, 03/15/28 | 829 | 785,759 | |
4.80%, 02/15/29 | 500 | 483,697 | |
2.65%, 08/15/30 | 1,135 | 956,323 | |
4.95%, 09/01/32 | 756 | 713,046 | |
5.00%, 03/01/33 | 705 | 663,023 | |
Northwest Pipeline LLC, 4.00%, 04/01/27 | 368 | 353,314 | |
Occidental Petroleum Corp. | |||
5.88%, 09/01/25 | 442 | 442,012 | |
5.50%, 12/01/25 | 338 | 336,280 | |
5.55%, 03/15/26 | 1,200 | 1,194,237 | |
8.50%, 07/15/27(b) | 356 | 380,461 | |
6.38%, 09/01/28(b) | 468 | 478,389 | |
8.88%, 07/15/30(b) | 600 | 685,998 | |
6.63%, 09/01/30 | 1,054 | 1,092,102 | |
6.13%, 01/01/31 | 832 | 842,442 | |
7.50%, 05/01/31 | 500 | 544,431 | |
7.88%, 09/15/31 | 352 | 390,751 | |
ONEOK, Inc. | |||
2.20%, 09/15/25 | 258 | 245,759 | |
5.85%, 01/15/26 | 229 | 229,872 | |
5.00%, 03/01/26 | 350 | 346,158 | |
5.55%, 11/01/26 | 500 | 499,482 | |
4.00%, 07/13/27 | 250 | 238,326 | |
4.55%, 07/15/28 | 413 | 397,162 | |
5.65%, 11/01/28 | 500 | 501,588 | |
4.35%, 03/15/29 | 829 | 786,208 | |
3.40%, 09/01/29 | 589 | 530,732 | |
3.10%, 03/15/30 | 400 | 348,822 | |
3.25%, 06/01/30 | 225 | 197,990 | |
5.80%, 11/01/30 | 425 | 426,654 | |
6.35%, 01/15/31 | 495 | 510,441 | |
6.10%, 11/15/32 | 620 | 629,834 | |
6.05%, 09/01/33 | 1,000 | 1,011,101 | |
Ovintiv, Inc. | |||
5.65%, 05/15/25 | 300 | 298,999 | |
5.38%, 01/01/26 | 251 | 248,928 | |
5.65%, 05/15/28 | 300 | 299,732 | |
8.13%, 09/15/30(b) | 130 | 143,317 | |
7.20%, 11/01/31 | 145 | 154,109 | |
7.38%, 11/01/31 | 413 | 441,487 | |
6.25%, 07/15/33(b) | 370 | 372,943 | |
Patterson-UTI Energy, Inc. | |||
3.95%, 02/01/28 | 250 | 231,907 | |
7.15%, 10/01/33 | 300 | 312,285 | |
Phillips 66 | |||
1.30%, 02/15/26 | 400 | 371,498 | |
3.90%, 03/15/28 | 300 | 283,919 | |
2.15%, 12/15/30 | 329 | 267,622 | |
Phillips 66 Co. | |||
3.55%, 10/01/26 | 413 | 395,149 | |
4.95%, 12/01/27 | 420 | 414,251 | |
3.75%, 03/01/28 | 252 | 236,961 | |
3.15%, 12/15/29 | 305 | 270,832 | |
5.25%, 06/15/31 | 275 | 269,253 | |
5.30%, 06/30/33 | 505 | 490,043 |
Security | Par (000) | Value | |
Oil, Gas & Consumable Fuels (continued) | |||
Pioneer Natural Resources Co. | |||
1.13%, 01/15/26 | $ | 569 | $ 528,300 |
5.10%, 03/29/26 | 835 | 828,871 | |
1.90%, 08/15/30 | 994 | 815,545 | |
2.15%, 01/15/31(b) | 650 | 535,181 | |
Plains All American Pipeline LP/PAA Finance Corp. | |||
4.65%, 10/15/25 | 450 | 442,287 | |
4.50%, 12/15/26 | 413 | 401,746 | |
3.55%, 12/15/29 | 753 | 677,342 | |
3.80%, 09/15/30 | 566 | 507,237 | |
Sabine Pass Liquefaction LLC | |||
5.88%, 06/30/26 | 829 | 830,000 | |
5.00%, 03/15/27 | 829 | 816,765 | |
4.20%, 03/15/28 | 829 | 790,025 | |
4.50%, 05/15/30 | 1,259 | 1,182,028 | |
Shell International Finance BV | |||
3.25%, 05/11/25 | 1,386 | 1,355,543 | |
2.88%, 05/10/26 | 593 | 566,284 | |
2.50%, 09/12/26 | 829 | 778,726 | |
3.88%, 11/13/28 | 829 | 787,726 | |
2.38%, 11/07/29 | 829 | 719,986 | |
2.75%, 04/06/30 | 589 | 517,303 | |
Spectra Energy Partners LP, 3.38%, 10/15/26 | 829 | 786,870 | |
Suncor Energy, Inc., 7.15%, 02/01/32 | 250 | 272,369 | |
Targa Resources Corp. | |||
5.20%, 07/01/27 | 450 | 444,980 | |
6.15%, 03/01/29 | 598 | 608,258 | |
4.20%, 02/01/33 | 374 | 330,125 | |
6.13%, 03/15/33 | 450 | 455,601 | |
6.50%, 03/30/34 | 652 | 679,390 | |
Targa Resources Partners LP/Targa Resources Partners Finance Corp. | |||
6.50%, 07/15/27 | 329 | 331,041 | |
5.00%, 01/15/28 | 329 | 318,176 | |
6.88%, 01/15/29 | 329 | 334,910 | |
5.50%, 03/01/30 | 496 | 483,872 | |
4.88%, 02/01/31 | 496 | 464,193 | |
4.00%, 01/15/32 | 496 | 435,812 | |
TC PipeLines LP, 3.90%, 05/25/27 | 27 | 25,576 | |
Tennessee Gas Pipeline Co. LLC, 7.00%, 10/15/28 | 300 | 314,444 | |
TotalEnergies Capital International SA | |||
3.46%, 02/19/29 | 489 | 454,315 | |
2.83%, 01/10/30 | 500 | 443,305 | |
TotalEnergies Capital SA | |||
3.88%, 10/11/28 | 400 | 379,586 | |
5.15%, 04/05/34(b) | 750 | 739,016 | |
TransCanada PipeLines Ltd. | |||
4.88%, 01/15/26 | 702 | 693,061 | |
6.20%, 03/09/26 | 400 | 400,037 | |
4.25%, 05/15/28 | 901 | 856,410 | |
4.10%, 04/15/30 | 729 | 671,893 | |
2.50%, 10/12/31(b) | 413 | 334,387 | |
4.63%, 03/01/34 | 804 | 730,051 | |
5.60%, 03/31/34 | 200 | 194,008 | |
Transcontinental Gas Pipe Line Co. LLC | |||
7.85%, 02/01/26 | 663 | 682,575 | |
4.00%, 03/15/28 | 220 | 208,502 | |
3.25%, 05/15/30 | 450 | 396,432 | |
Valero Energy Corp. | |||
3.40%, 09/15/26 | 280 | 267,520 | |
2.15%, 09/15/27 | 209 | 188,143 | |
4.35%, 06/01/28 | 212 | 203,595 |
Security | Par (000) | Value | |
Oil, Gas & Consumable Fuels (continued) | |||
Valero Energy Corp. (continued) | |||
4.00%, 04/01/29 | $ | 290 | $ 272,029 |
2.80%, 12/01/31(b) | 179 | 148,477 | |
7.50%, 04/15/32 | 310 | 346,590 | |
Valero Energy Partners LP, 4.50%, 03/15/28 | 413 | 398,575 | |
Western Midstream Operating LP | |||
4.65%, 07/01/26 | 200 | 195,353 | |
4.75%, 08/15/28(b) | 200 | 192,983 | |
6.35%, 01/15/29 | 560 | 571,755 | |
4.05%, 02/01/30 | 500 | 459,601 | |
6.15%, 04/01/33 | 400 | 399,291 | |
Williams Cos., Inc. | |||
4.00%, 09/15/25 | 553 | 540,200 | |
5.40%, 03/02/26 | 810 | 806,649 | |
3.75%, 06/15/27 | 818 | 777,209 | |
5.30%, 08/15/28 | 700 | 693,546 | |
4.90%, 03/15/29 | 882 | 857,264 | |
3.50%, 11/15/30(b) | 829 | 735,630 | |
2.60%, 03/15/31(b) | 1,203 | 996,017 | |
8.75%, 03/15/32 | 400 | 467,118 | |
4.65%, 08/15/32 | 600 | 560,797 | |
5.65%, 03/15/33 | 600 | 595,202 | |
5.15%, 03/15/34 | 802 | 765,932 | |
157,591,842 | |||
Paper & Forest Products — 0.2% | |||
Celulosa Arauco y Constitucion SA, 3.88%, 11/02/27 | 200 | 186,375 | |
Georgia-Pacific LLC | |||
7.75%, 11/15/29 | 254 | 283,824 | |
8.88%, 05/15/31 | 433 | 518,139 | |
Smurfit Kappa Treasury ULC(a) | |||
5.20%, 01/15/30(b) | 200 | 195,059 | |
5.44%, 04/03/34 | 600 | 580,574 | |
Suzano Austria GmbH | |||
2.50%, 09/15/28 | 250 | 217,266 | |
6.00%, 01/15/29 | 1,128 | 1,116,382 | |
5.00%, 01/15/30 | 400 | 376,400 | |
3.75%, 01/15/31(b) | 809 | 697,196 | |
3.13%, 01/15/32 | 400 | 322,400 | |
Suzano International Finance BV, 5.50%, 01/17/27 | 829 | 816,441 | |
5,310,056 | |||
Passenger Airlines — 0.2% | |||
American Airlines Pass-Through Trust | |||
Series 2015-1, Class A, 3.38%, 11/01/28 | 159 | 148,843 | |
Series 2016-2, Class AA, 3.20%, 12/15/29 | 279 | 254,982 | |
Series 2017-2, 3.35%, 04/15/31(b) | 405 | 367,696 | |
Series 2019-1, Class AA, 3.15%, 08/15/33(b) | 649 | 571,928 | |
Delta Air Lines 2020-1 Class AA Pass Through Trust, Series 2020-AA, 2.00%, 12/10/29(b) | 229 | 205,082 | |
JetBlue Pass-Through Trust, 4.00%, 05/15/34(b) | 241 | 219,780 | |
Southwest Airlines Co. | |||
5.25%, 05/04/25 | 543 | 539,901 | |
5.13%, 06/15/27 | 1,027 | 1,012,351 | |
2.63%, 02/10/30 | 159 | 134,931 | |
United Airlines Pass-Through Trust | |||
Series 2016-1, Class AA, 3.10%, 01/07/30(b) | 271 | 247,632 | |
Series 2018-1, Class AA, 3.50%, 09/01/31 | 198 | 179,653 | |
Series 2019-1, Class AA, 4.15%, 02/25/33 | 176 | 162,921 | |
Series 2019-2, Class AA, 2.70%, 11/01/33 | 248 | 210,982 |
Security | Par (000) | Value | |
Passenger Airlines (continued) | |||
United Airlines Pass-Through Trust (continued) | |||
Series 2020-1, Class A, 5.88%, 04/15/29 | $ | 820 | $ 817,575 |
Series 2023-1, Class A, 4.30%, 02/15/27 | 69 | 67,045 | |
5,141,302 | |||
Personal Care Products — 0.7% | |||
Colgate-Palmolive Co. | |||
3.10%, 08/15/25(b) | 302 | 294,104 | |
4.80%, 03/02/26 | 338 | 336,259 | |
3.10%, 08/15/27 | 302 | 285,309 | |
4.60%, 03/01/28 | 480 | 474,758 | |
3.25%, 08/15/32 | 302 | 263,724 | |
4.60%, 03/01/33 | 480 | 464,233 | |
Estee Lauder Cos., Inc. | |||
3.15%, 03/15/27 | 179 | 169,258 | |
4.38%, 05/15/28(b) | 360 | 349,779 | |
2.38%, 12/01/29 | 411 | 353,862 | |
2.60%, 04/15/30 | 413 | 356,165 | |
1.95%, 03/15/31 | 193 | 155,498 | |
4.65%, 05/15/33(b) | 450 | 426,765 | |
5.00%, 02/14/34 | 200 | 191,990 | |
Haleon U.S. Capital LLC | |||
3.38%, 03/24/27 | 1,150 | 1,086,139 | |
3.38%, 03/24/29 | 400 | 364,622 | |
3.63%, 03/24/32 | 1,312 | 1,152,328 | |
Kenvue, Inc. | |||
5.35%, 03/22/26 | 370 | 370,330 | |
5.05%, 03/22/28 | 515 | 513,032 | |
5.00%, 03/22/30 | 660 | 652,027 | |
4.90%, 03/22/33 | 690 | 667,852 | |
Procter & Gamble Co. | |||
0.55%, 10/29/25 | 677 | 632,838 | |
4.10%, 01/26/26 | 550 | 540,945 | |
2.70%, 02/02/26 | 350 | 336,087 | |
1.00%, 04/23/26 | 467 | 431,790 | |
2.45%, 11/03/26 | 450 | 422,957 | |
1.90%, 02/01/27 | 500 | 461,720 | |
2.80%, 03/25/27 | 1,000 | 941,988 | |
2.85%, 08/11/27 | 413 | 386,419 | |
3.95%, 01/26/28 | 250 | 242,415 | |
4.35%, 01/29/29 | 275 | 268,785 | |
3.00%, 03/25/30 | 829 | 747,275 | |
1.20%, 10/29/30 | 725 | 574,459 | |
1.95%, 04/23/31 | 829 | 685,804 | |
2.30%, 02/01/32(b) | 480 | 400,981 | |
4.05%, 01/26/33(b) | 450 | 421,475 | |
4.55%, 01/29/34 | 275 | 263,268 | |
Unilever Capital Corp. | |||
3.10%, 07/30/25(b) | 400 | 389,721 | |
2.00%, 07/28/26 | 490 | 457,096 | |
2.90%, 05/05/27 | 790 | 740,880 | |
3.50%, 03/22/28 | 900 | 849,687 | |
4.88%, 09/08/28 | 600 | 595,113 | |
2.13%, 09/06/29 | 655 | 565,301 | |
1.38%, 09/14/30 | 527 | 419,843 | |
1.75%, 08/12/31 | 450 | 357,182 | |
5.90%, 11/15/32 | 723 | 754,807 | |
5.00%, 12/08/33(b) | 600 | 587,912 | |
22,404,782 |
Security | Par (000) | Value | |
Pharmaceuticals — 4.1% | |||
AbbVie, Inc. | |||
3.60%, 05/14/25 | $ | 1,793 | $ 1,758,977 |
3.20%, 05/14/26 | 1,190 | 1,141,234 | |
2.95%, 11/21/26 | 2,709 | 2,557,907 | |
4.80%, 03/15/27 | 1,200 | 1,185,561 | |
4.25%, 11/14/28(b) | 723 | 696,722 | |
4.80%, 03/15/29 | 1,976 | 1,939,989 | |
3.20%, 11/21/29 | 3,524 | 3,178,819 | |
4.95%, 03/15/31 | 1,581 | 1,550,753 | |
5.05%, 03/15/34 | 2,372 | 2,313,123 | |
Astrazeneca Finance LLC | |||
1.20%, 05/28/26 | 829 | 762,785 | |
4.80%, 02/26/27 | 550 | 543,557 | |
4.88%, 03/03/28 | 776 | 766,788 | |
1.75%, 05/28/28 | 721 | 631,105 | |
4.85%, 02/26/29 | 550 | 541,559 | |
4.90%, 03/03/30 | 500 | 492,707 | |
4.90%, 02/26/31 | 550 | 538,991 | |
2.25%, 05/28/31 | 440 | 363,424 | |
4.88%, 03/03/33 | 250 | 241,751 | |
5.00%, 02/26/34 | 1,060 | 1,031,129 | |
AstraZeneca PLC | |||
3.38%, 11/16/25 | 1,141 | 1,107,220 | |
0.70%, 04/08/26 | 911 | 834,563 | |
3.13%, 06/12/27 | 413 | 388,886 | |
4.00%, 01/17/29 | 707 | 672,261 | |
1.38%, 08/06/30 | 911 | 725,826 | |
Becton Dickinson & Co. | |||
3.70%, 06/06/27 | 1,051 | 997,927 | |
4.69%, 02/13/28 | 410 | 398,936 | |
4.87%, 02/08/29 | 457 | 446,325 | |
2.82%, 05/20/30 | 388 | 334,378 | |
1.96%, 02/11/31 | 644 | 514,913 | |
4.30%, 08/22/32 | 190 | 174,546 | |
5.11%, 02/08/34 | 402 | 387,300 | |
Bristol-Myers Squibb Co. | |||
0.75%, 11/13/25 | 450 | 419,657 | |
4.95%, 02/20/26(b) | 697 | 692,191 | |
3.20%, 06/15/26 | 1,044 | 1,000,086 | |
4.90%, 02/22/27(b) | 697 | 691,142 | |
3.25%, 02/27/27 | 306 | 291,729 | |
1.13%, 11/13/27 | 450 | 391,616 | |
3.45%, 11/15/27 | 800 | 755,720 | |
3.90%, 02/20/28 | 829 | 791,571 | |
4.90%, 02/22/29 | 1,075 | 1,058,762 | |
3.40%, 07/26/29 | 1,421 | 1,302,702 | |
1.45%, 11/13/30 | 620 | 489,344 | |
5.75%, 02/01/31 | 500 | 511,134 | |
5.10%, 02/22/31 | 985 | 969,138 | |
2.95%, 03/15/32 | 965 | 815,784 | |
5.90%, 11/15/33 | 698 | 719,454 | |
5.20%, 02/22/34 | 1,585 | 1,552,179 | |
Cardinal Health, Inc. | |||
3.75%, 09/15/25 | 413 | 402,059 | |
3.41%, 06/15/27 | 829 | 779,353 | |
5.13%, 02/15/29 | 496 | 488,215 | |
5.45%, 02/15/34 | 382 | 374,437 | |
Cencora, Inc. | |||
3.45%, 12/15/27 | 620 | 581,233 | |
2.80%, 05/15/30 | 329 | 284,720 | |
2.70%, 03/15/31 | 669 | 560,345 | |
5.13%, 02/15/34(b) | 300 | 289,851 |
Security | Par (000) | Value | |
Pharmaceuticals (continued) | |||
Cigna Group | |||
4.13%, 11/15/25 | $ | 822 | $ 804,796 |
4.50%, 02/25/26 | 433 | 425,374 | |
1.25%, 03/15/26 | 172 | 158,804 | |
5.69%, 03/15/26 | 400 | 399,520 | |
3.40%, 03/01/27 | 898 | 850,871 | |
3.05%, 10/15/27 | 179 | 165,974 | |
4.38%, 10/15/28 | 2,569 | 2,456,866 | |
5.00%, 05/15/29 | 600 | 587,802 | |
2.40%, 03/15/30(b) | 721 | 607,873 | |
2.38%, 03/15/31 | 890 | 727,798 | |
5.13%, 05/15/31(b) | 300 | 292,135 | |
5.40%, 03/15/33 | 490 | 481,365 | |
5.25%, 02/15/34 | 750 | 722,775 | |
CVS Health Corp. | |||
3.88%, 07/20/25 | 1,854 | 1,813,426 | |
5.00%, 02/20/26 | 910 | 900,917 | |
2.88%, 06/01/26 | 1,148 | 1,087,207 | |
3.00%, 08/15/26 | 1,000 | 945,984 | |
3.63%, 04/01/27 | 457 | 435,073 | |
1.30%, 08/21/27(b) | 1,835 | 1,605,571 | |
4.30%, 03/25/28 | 4,079 | 3,914,016 | |
5.00%, 01/30/29(b) | 440 | 432,136 | |
3.25%, 08/15/29 | 1,147 | 1,028,501 | |
5.13%, 02/21/30 | 984 | 963,250 | |
3.75%, 04/01/30 | 983 | 891,690 | |
1.75%, 08/21/30 | 1,020 | 815,690 | |
5.25%, 01/30/31(b) | 335 | 328,608 | |
1.88%, 02/28/31 | 1,023 | 810,589 | |
2.13%, 09/15/31 | 371 | 294,163 | |
5.25%, 02/21/33 | 950 | 917,800 | |
5.30%, 06/01/33 | 820 | 792,780 | |
Eli Lilly & Co. | |||
2.75%, 06/01/25(b) | 350 | 340,641 | |
5.00%, 02/27/26 | 350 | 349,154 | |
4.50%, 02/09/27 | 550 | 541,958 | |
5.50%, 03/15/27 | 264 | 267,999 | |
3.10%, 05/15/27 | 620 | 586,368 | |
4.50%, 02/09/29 | 804 | 784,954 | |
3.38%, 03/15/29 | 829 | 770,921 | |
4.70%, 02/27/33 | 590 | 567,049 | |
4.70%, 02/09/34 | 1,206 | 1,154,531 | |
GlaxoSmithKline Capital PLC, 3.38%, 06/01/29 | 829 | 766,033 | |
GlaxoSmithKline Capital, Inc. | |||
3.63%, 05/15/25 | 829 | 814,303 | |
3.88%, 05/15/28 | 1,325 | 1,267,671 | |
Johnson & Johnson | |||
0.55%, 09/01/25(b) | 339 | 319,093 | |
2.45%, 03/01/26 | 1,065 | 1,016,031 | |
2.95%, 03/03/27 | 666 | 631,349 | |
0.95%, 09/01/27 | 998 | 876,068 | |
2.90%, 01/15/28(b) | 829 | 774,670 | |
1.30%, 09/01/30 | 1,164 | 937,769 | |
4.95%, 05/15/33 | 250 | 252,083 | |
4.38%, 12/05/33 | 478 | 460,247 | |
McKesson Corp. | |||
0.90%, 12/03/25 | 250 | 232,385 | |
5.25%, 02/15/26 | 336 | 334,323 | |
1.30%, 08/15/26 | 745 | 678,869 | |
3.95%, 02/16/28 | 129 | 122,713 | |
4.90%, 07/15/28 | 110 | 108,300 | |
5.10%, 07/15/33 | 402 | 391,598 |
Security | Par (000) | Value | |
Pharmaceuticals (continued) | |||
Mead Johnson Nutrition Co., 4.13%, 11/15/25 | $ | 829 | $ 809,560 |
Merck & Co., Inc. | |||
0.75%, 02/24/26 | 688 | 636,022 | |
1.70%, 06/10/27 | 1,033 | 931,549 | |
4.05%, 05/17/28(b) | 200 | 193,135 | |
1.90%, 12/10/28(b) | 795 | 692,908 | |
3.40%, 03/07/29 | 1,052 | 975,733 | |
4.30%, 05/17/30 | 400 | 382,875 | |
1.45%, 06/24/30 | 793 | 638,981 | |
2.15%, 12/10/31 | 1,264 | 1,024,977 | |
4.50%, 05/17/33 | 820 | 775,042 | |
6.50%, 12/01/33(b) | 389 | 425,201 | |
Mylan, Inc., 4.55%, 04/15/28 | 660 | 627,174 | |
Novartis Capital Corp. | |||
3.00%, 11/20/25 | 1,163 | 1,126,496 | |
2.00%, 02/14/27 | 831 | 766,843 | |
3.10%, 05/17/27 | 665 | 629,104 | |
2.20%, 08/14/30 | 1,159 | 980,370 | |
Pfizer Investment Enterprises Pte. Ltd. | |||
4.65%, 05/19/25 | 1,680 | 1,666,648 | |
4.45%, 05/19/26 | 1,680 | 1,651,298 | |
4.45%, 05/19/28 | 3,318 | 3,218,006 | |
4.65%, 05/19/30 | 2,488 | 2,405,954 | |
4.75%, 05/19/33 | 3,349 | 3,190,221 | |
Pfizer, Inc. | |||
0.80%, 05/28/25 | 285 | 271,588 | |
2.75%, 06/03/26(b) | 505 | 481,220 | |
3.00%, 12/15/26 | 1,452 | 1,376,439 | |
3.60%, 09/15/28(b) | 359 | 339,171 | |
3.45%, 03/15/29 | 860 | 799,498 | |
2.63%, 04/01/30 | 829 | 719,450 | |
1.70%, 05/28/30 | 683 | 560,057 | |
1.75%, 08/18/31 | 829 | 655,093 | |
Pharmacia LLC, 6.60%, 12/01/28 | 400 | 420,945 | |
Sanofi SA, 3.63%, 06/19/28 | 559 | 532,064 | |
Shire Acquisitions Investments Ireland DAC, 3.20%, 09/23/26 | 1,986 | 1,885,619 | |
Takeda Pharmaceutical Co. Ltd. | |||
5.00%, 11/26/28 | 1,078 | 1,058,336 | |
2.05%, 03/31/30 | 1,654 | 1,367,436 | |
Utah Acquisition Sub, Inc., 3.95%, 06/15/26 | 1,227 | 1,176,666 | |
Viatris, Inc. | |||
1.65%, 06/22/25 | 829 | 789,682 | |
2.30%, 06/22/27 | 829 | 745,400 | |
2.70%, 06/22/30 | 843 | 697,134 | |
Zoetis, Inc. | |||
4.50%, 11/13/25 | 300 | 295,354 | |
5.40%, 11/14/25 | 400 | 398,978 | |
3.00%, 09/12/27 | 350 | 324,261 | |
3.90%, 08/20/28 | 179 | 169,042 | |
2.00%, 05/15/30 | 329 | 271,051 | |
5.60%, 11/16/32 | 300 | 301,589 | |
126,822,988 | |||
Professional Services — 0.1% | |||
Concentrix Corp. | |||
6.65%, 08/02/26 | 250 | 251,793 | |
6.60%, 08/02/28 | 500 | 498,510 | |
6.85%, 08/02/33(b) | 250 | 240,951 |
Security | Par (000) | Value | |
Professional Services (continued) | |||
Verisk Analytics, Inc. | |||
4.00%, 06/15/25 | $ | 563 | $ 551,501 |
4.13%, 03/15/29 | 413 | 389,054 | |
5.75%, 04/01/33 | 285 | 287,118 | |
2,218,927 | |||
Real Estate Management & Development — 0.0% | |||
CBRE Services, Inc. | |||
4.88%, 03/01/26 | 163 | 160,270 | |
5.50%, 04/01/29 | 272 | 268,655 | |
2.50%, 04/01/31(b) | 193 | 156,604 | |
Jones Lang LaSalle, Inc., 6.88%, 12/01/28 | 75 | 77,745 | |
663,274 | |||
Residential REITs — 0.4% | |||
Essential Properties LP, 2.95%, 07/15/31 | 129 | 102,288 | |
NNN REIT, Inc. | |||
4.00%, 11/15/25 | 274 | 266,959 | |
3.60%, 12/15/26 | 500 | 474,825 | |
3.50%, 10/15/27 | 274 | 256,087 | |
4.30%, 10/15/28 | 129 | 122,514 | |
2.50%, 04/15/30 | 200 | 167,824 | |
5.60%, 10/15/33 | 200 | 196,218 | |
Realty Income Corp. | |||
4.63%, 11/01/25 | 350 | 345,019 | |
5.05%, 01/13/26 | 376 | 373,846 | |
0.75%, 03/15/26 | 475 | 434,488 | |
4.88%, 06/01/26 | 400 | 394,865 | |
4.13%, 10/15/26 | 829 | 803,973 | |
3.00%, 01/15/27 | 829 | 778,356 | |
3.95%, 08/15/27 | 413 | 394,592 | |
3.40%, 01/15/28 | 413 | 384,747 | |
3.65%, 01/15/28 | 414 | 389,121 | |
2.20%, 06/15/28 | 374 | 328,159 | |
4.70%, 12/15/28 | 220 | 212,449 | |
4.75%, 02/15/29 | 225 | 217,709 | |
3.25%, 06/15/29 | 207 | 187,280 | |
4.00%, 07/15/29 | 350 | 326,082 | |
3.10%, 12/15/29 | 413 | 366,532 | |
3.40%, 01/15/30 | 413 | 368,136 | |
4.85%, 03/15/30 | 450 | 434,000 | |
3.25%, 01/15/31 | 554 | 482,202 | |
3.20%, 02/15/31 | 350 | 300,710 | |
2.70%, 02/15/32 | 292 | 236,812 | |
5.63%, 10/13/32 | 500 | 496,829 | |
2.85%, 12/15/32 | 525 | 423,559 | |
1.80%, 03/15/33 | 300 | 219,474 | |
4.90%, 07/15/33 | 340 | 319,365 | |
5.13%, 02/15/34 | 525 | 499,251 | |
Tanger Properties LP | |||
3.88%, 07/15/27(b) | 79 | 73,397 | |
2.75%, 09/01/31 | 200 | 159,603 | |
11,537,271 | |||
Retail REITs — 0.2% | |||
Simon Property Group LP | |||
3.50%, 09/01/25 | 500 | 486,920 | |
3.30%, 01/15/26 | 549 | 528,498 | |
3.25%, 11/30/26 | 450 | 426,732 | |
1.38%, 01/15/27 | 279 | 250,935 | |
3.38%, 06/15/27(b) | 620 | 585,041 | |
3.38%, 12/01/27 | 450 | 420,676 |
Security | Par (000) | Value | |
Retail REITs (continued) | |||
Simon Property Group LP (continued) | |||
1.75%, 02/01/28 | $ | 450 | $ 394,852 |
2.45%, 09/13/29 | 735 | 632,484 | |
2.65%, 07/15/30 | 829 | 707,272 | |
2.20%, 02/01/31 | 412 | 333,487 | |
2.25%, 01/15/32 | 579 | 459,234 | |
2.65%, 02/01/32 | 479 | 390,793 | |
5.50%, 03/08/33(b) | 500 | 493,774 | |
6.25%, 01/15/34(b) | 343 | 354,594 | |
6,465,292 | |||
Semiconductors & Semiconductor Equipment — 2.0% | |||
Advanced Micro Devices, Inc., 3.92%, 06/01/32 | 430 | 392,705 | |
Analog Devices, Inc. | |||
3.50%, 12/05/26 | 620 | 594,718 | |
3.45%, 06/15/27 | 500 | 473,763 | |
1.70%, 10/01/28 | 450 | 388,075 | |
2.10%, 10/01/31 | 650 | 525,679 | |
5.05%, 04/01/34 | 300 | 294,233 | |
Applied Materials, Inc. | |||
3.90%, 10/01/25 | 503 | 493,199 | |
3.30%, 04/01/27 | 829 | 788,883 | |
1.75%, 06/01/30 | 523 | 430,737 | |
Broadcom Corp./Broadcom Cayman Finance Ltd. | |||
3.88%, 01/15/27 | 2,364 | 2,268,591 | |
3.50%, 01/15/28 | 413 | 385,603 | |
Broadcom, Inc. | |||
3.15%, 11/15/25 | 662 | 637,796 | |
3.46%, 09/15/26 | 309 | 295,313 | |
1.95%, 02/15/28(a) | 198 | 173,965 | |
4.11%, 09/15/28 | 700 | 664,201 | |
4.00%, 04/15/29(a) | 450 | 420,786 | |
4.75%, 04/15/29(b) | 976 | 944,889 | |
5.00%, 04/15/30 | 450 | 442,105 | |
4.15%, 11/15/30 | 1,146 | 1,057,422 | |
2.45%, 02/15/31(a) | 2,225 | 1,828,644 | |
4.15%, 04/15/32(a) | 890 | 801,340 | |
4.30%, 11/15/32 | 1,244 | 1,133,203 | |
2.60%, 02/15/33(a) | 1,298 | 1,023,140 | |
3.42%, 04/15/33(a) | 1,820 | 1,528,421 | |
3.47%, 04/15/34(a) | 2,000 | 1,657,064 | |
Hubbell, Inc. | |||
3.35%, 03/01/26 | 290 | 278,799 | |
3.50%, 02/15/28 | 250 | 233,555 | |
Intel Corp. | |||
3.70%, 07/29/25 | 1,379 | 1,348,011 | |
4.88%, 02/10/26 | 1,008 | 998,949 | |
2.60%, 05/19/26 | 672 | 636,192 | |
3.75%, 03/25/27 | 660 | 632,704 | |
3.15%, 05/11/27 | 400 | 376,169 | |
3.75%, 08/05/27 | 750 | 715,994 | |
4.88%, 02/10/28(b) | 1,055 | 1,039,391 | |
1.60%, 08/12/28 | 559 | 480,478 | |
4.00%, 08/05/29 | 350 | 329,702 | |
2.45%, 11/15/29 | 1,119 | 966,487 | |
5.13%, 02/10/30 | 600 | 593,771 | |
3.90%, 03/25/30 | 838 | 775,452 | |
5.00%, 02/21/31 | 215 | 209,843 | |
2.00%, 08/12/31 | 699 | 555,987 | |
4.15%, 08/05/32 | 810 | 740,101 | |
4.00%, 12/15/32 | 500 | 450,588 | |
5.20%, 02/10/33(b) | 1,258 | 1,227,397 |
Security | Par (000) | Value | |
Semiconductors & Semiconductor Equipment (continued) | |||
Intel Corp. (continued) | |||
5.15%, 02/21/34 | $ | 605 | $ 583,050 |
KLA Corp. | |||
4.10%, 03/15/29 | 413 | 394,090 | |
4.65%, 07/15/32 | 640 | 611,548 | |
4.70%, 02/01/34 | 225 | 214,021 | |
Lam Research Corp. | |||
3.75%, 03/15/26 | 450 | 437,049 | |
4.00%, 03/15/29 | 650 | 617,592 | |
1.90%, 06/15/30 | 679 | 560,173 | |
Marvell Technology, Inc. | |||
1.65%, 04/15/26 | 736 | 681,839 | |
2.45%, 04/15/28 | 429 | 380,930 | |
4.88%, 06/22/28 | 260 | 251,906 | |
5.75%, 02/15/29 | 260 | 261,201 | |
2.95%, 04/15/31 | 393 | 330,356 | |
5.95%, 09/15/33(b) | 260 | 261,543 | |
Microchip Technology, Inc. | |||
4.25%, 09/01/25 | 829 | 813,145 | |
5.05%, 03/15/29 | 300 | 294,855 | |
Micron Technology, Inc. | |||
4.98%, 02/06/26 | 163 | 161,227 | |
4.19%, 02/15/27 | 400 | 386,173 | |
5.38%, 04/15/28 | 340 | 338,606 | |
5.33%, 02/06/29 | 363 | 359,430 | |
6.75%, 11/01/29 | 772 | 811,293 | |
4.66%, 02/15/30 | 300 | 285,675 | |
5.30%, 01/15/31 | 561 | 550,478 | |
2.70%, 04/15/32 | 829 | 670,905 | |
5.88%, 02/09/33 | 464 | 466,467 | |
5.88%, 09/15/33(b) | 600 | 602,661 | |
NVIDIA Corp. | |||
3.20%, 09/16/26 | 829 | 795,611 | |
1.55%, 06/15/28(b) | 600 | 525,312 | |
2.85%, 04/01/30 | 946 | 838,972 | |
2.00%, 06/15/31 | 579 | 474,300 | |
NXP BV/NXP Funding LLC | |||
5.35%, 03/01/26 | 320 | 318,550 | |
5.55%, 12/01/28(b) | 400 | 399,216 | |
NXP BV/NXP Funding LLC/NXP USA, Inc. | |||
2.70%, 05/01/25 | 400 | 388,424 | |
3.88%, 06/18/26 | 497 | 480,057 | |
3.15%, 05/01/27(b) | 300 | 280,389 | |
4.40%, 06/01/27 | 400 | 387,232 | |
4.30%, 06/18/29 | 829 | 782,725 | |
3.40%, 05/01/30 | 465 | 413,580 | |
2.50%, 05/11/31 | 661 | 539,270 | |
2.65%, 02/15/32(b) | 662 | 534,956 | |
5.00%, 01/15/33(b) | 500 | 475,215 | |
Qorvo, Inc., 4.38%, 10/15/29 | 454 | 418,945 | |
QUALCOMM, Inc. | |||
3.45%, 05/20/25 | 600 | 589,018 | |
3.25%, 05/20/27 | 1,163 | 1,102,482 | |
1.30%, 05/20/28 | 366 | 316,262 | |
2.15%, 05/20/30 | 774 | 655,420 | |
1.65%, 05/20/32 | 700 | 535,333 | |
4.25%, 05/20/32 | 93 | 86,701 | |
5.40%, 05/20/33(b) | 500 | 506,501 | |
Skyworks Solutions, Inc. | |||
1.80%, 06/01/26 | 107 | 98,641 | |
3.00%, 06/01/31 | 123 | 101,846 |
Security | Par (000) | Value | |
Semiconductors & Semiconductor Equipment (continued) | |||
Texas Instruments, Inc. | |||
1.13%, 09/15/26 | $ | 350 | $ 318,586 |
4.60%, 02/08/27(b) | 473 | 467,932 | |
2.90%, 11/03/27(b) | 306 | 284,678 | |
4.60%, 02/15/28 | 508 | 499,769 | |
4.60%, 02/08/29 | 473 | 463,707 | |
2.25%, 09/04/29 | 562 | 488,100 | |
1.75%, 05/04/30 | 450 | 372,098 | |
1.90%, 09/15/31 | 467 | 378,196 | |
3.65%, 08/16/32 | 200 | 179,308 | |
4.90%, 03/14/33 | 620 | 606,459 | |
4.85%, 02/08/34 | 175 | 169,630 | |
TSMC Arizona Corp. | |||
1.75%, 10/25/26 | 450 | 411,554 | |
3.88%, 04/22/27 | 1,000 | 959,170 | |
4.13%, 04/22/29(b) | 250 | 238,953 | |
2.50%, 10/25/31 | 610 | 508,069 | |
4.25%, 04/22/32(b) | 400 | 377,625 | |
Xilinx, Inc., 2.38%, 06/01/30 | 528 | 448,716 | |
62,777,766 | |||
Software — 1.9% | |||
Adobe, Inc. | |||
2.15%, 02/01/27 | 598 | 553,242 | |
4.85%, 04/04/27 | 180 | 179,123 | |
4.80%, 04/04/29 | 275 | 272,037 | |
2.30%, 02/01/30 | 994 | 854,614 | |
4.95%, 04/04/34 | 275 | 268,277 | |
Autodesk, Inc. | |||
3.50%, 06/15/27 | 209 | 197,997 | |
2.85%, 01/15/30 | 376 | 327,633 | |
2.40%, 12/15/31 | 637 | 514,338 | |
Broadridge Financial Solutions, Inc. | |||
3.40%, 06/27/26(b) | 201 | 192,215 | |
2.90%, 12/01/29 | 413 | 359,489 | |
2.60%, 05/01/31 | 381 | 311,762 | |
Electronic Arts, Inc. | |||
4.80%, 03/01/26 | 290 | 286,622 | |
1.85%, 02/15/31 | 463 | 369,552 | |
Fidelity National Information Services, Inc. | |||
1.15%, 03/01/26 | 900 | 830,280 | |
1.65%, 03/01/28(b) | 562 | 488,268 | |
3.75%, 05/21/29(b) | 334 | 311,680 | |
2.25%, 03/01/31(b) | 588 | 482,840 | |
5.10%, 07/15/32(b) | 280 | 271,611 | |
Fiserv, Inc. | |||
3.85%, 06/01/25 | 350 | 342,912 | |
3.20%, 07/01/26 | 1,598 | 1,522,047 | |
5.15%, 03/15/27 | 599 | 593,161 | |
2.25%, 06/01/27 | 699 | 635,130 | |
5.45%, 03/02/28 | 400 | 398,826 | |
5.38%, 08/21/28 | 300 | 298,054 | |
4.20%, 10/01/28 | 829 | 785,360 | |
3.50%, 07/01/29 | 2,398 | 2,184,311 | |
2.65%, 06/01/30 | 699 | 594,892 | |
5.35%, 03/15/31 | 275 | 271,077 | |
5.60%, 03/02/33 | 630 | 624,177 | |
5.63%, 08/21/33 | 750 | 744,401 | |
5.45%, 03/15/34 | 525 | 513,139 | |
Intuit, Inc. | |||
0.95%, 07/15/25 | 625 | 591,789 | |
5.25%, 09/15/26 | 330 | 330,670 | |
1.35%, 07/15/27 | 683 | 605,776 |
Security | Par (000) | Value | |
Software (continued) | |||
Intuit, Inc. (continued) | |||
5.13%, 09/15/28 | $ | 450 | $ 448,751 |
1.65%, 07/15/30 | 166 | 134,612 | |
5.20%, 09/15/33 | 736 | 726,427 | |
Microsoft Corp. | |||
3.13%, 11/03/25 | 1,834 | 1,779,186 | |
2.40%, 08/08/26 | 2,553 | 2,405,471 | |
3.40%, 09/15/26(a) | 350 | 336,575 | |
3.30%, 02/06/27 | 2,584 | 2,475,094 | |
3.40%, 06/15/27(a)(b) | 129 | 122,858 | |
1.35%, 09/15/30(a)(b) | 61 | 48,964 | |
Oracle Corp. | |||
2.95%, 05/15/25 | 1,563 | 1,520,051 | |
5.80%, 11/10/25 | 920 | 922,184 | |
1.65%, 03/25/26 | 1,691 | 1,570,989 | |
2.65%, 07/15/26 | 2,497 | 2,345,565 | |
2.80%, 04/01/27 | 1,707 | 1,585,743 | |
3.25%, 11/15/27 | 1,820 | 1,691,172 | |
2.30%, 03/25/28 | 1,148 | 1,021,056 | |
4.50%, 05/06/28 | 130 | 125,935 | |
6.15%, 11/09/29 | 949 | 978,695 | |
2.95%, 04/01/30 | 2,456 | 2,133,185 | |
4.65%, 05/06/30 | 430 | 412,229 | |
3.25%, 05/15/30 | 787 | 696,501 | |
2.88%, 03/25/31 | 2,705 | 2,285,922 | |
6.25%, 11/09/32 | 1,708 | 1,771,687 | |
4.90%, 02/06/33 | 730 | 691,087 | |
Roper Technologies, Inc. | |||
1.00%, 09/15/25 | 512 | 480,489 | |
3.80%, 12/15/26 | 413 | 396,769 | |
1.40%, 09/15/27 | 305 | 267,338 | |
4.20%, 09/15/28 | 450 | 429,664 | |
2.95%, 09/15/29 | 359 | 316,257 | |
2.00%, 06/30/30 | 313 | 255,950 | |
1.75%, 02/15/31 | 714 | 560,549 | |
Salesforce, Inc. | |||
3.70%, 04/11/28 | 1,009 | 960,475 | |
1.50%, 07/15/28 | 784 | 678,058 | |
1.95%, 07/15/31 | 951 | 767,532 | |
ServiceNow, Inc., 1.40%, 09/01/30 | 1,038 | 820,402 | |
Take-Two Interactive Software, Inc. | |||
5.00%, 03/28/26 | 350 | 345,637 | |
3.70%, 04/14/27 | 305 | 290,077 | |
4.95%, 03/28/28 | 350 | 342,554 | |
4.00%, 04/14/32 | 359 | 321,223 | |
VMware, Inc. | |||
4.50%, 05/15/25 | 500 | 493,965 | |
1.40%, 08/15/26 | 909 | 826,626 | |
4.65%, 05/15/27 | 400 | 388,864 | |
3.90%, 08/21/27 | 600 | 567,902 | |
1.80%, 08/15/28(b) | 500 | 428,581 | |
4.70%, 05/15/30 | 309 | 293,103 | |
2.20%, 08/15/31(b) | 750 | 592,921 | |
Workday, Inc. | |||
3.50%, 04/01/27 | 639 | 606,598 | |
3.70%, 04/01/29 | 543 | 501,364 | |
3.80%, 04/01/32 | 821 | 726,489 | |
58,996,628 | |||
Specialty Retail — 0.0% | |||
Best Buy Co., Inc.(b) | |||
4.45%, 10/01/28 | 250 | 240,427 | |
1.95%, 10/01/30 | 236 | 191,065 |
Security | Par (000) | Value | |
Specialty Retail (continued) | |||
Dick’ s Sporting Goods, Inc., 3.15%, 01/15/32(b) | $ | 329 | $ 271,417 |
Ross Stores, Inc. | |||
0.88%, 04/15/26 | 250 | 228,833 | |
1.88%, 04/15/31 | 179 | 142,645 | |
Tractor Supply Co. | |||
1.75%, 11/01/30 | 201 | 160,101 | |
5.25%, 05/15/33 | 320 | 312,777 | |
1,547,265 | |||
Technology Hardware, Storage & Peripherals — 1.2% | |||
Apple, Inc. | |||
1.13%, 05/11/25 | 1,488 | 1,424,693 | |
3.20%, 05/13/25 | 620 | 606,640 | |
0.55%, 08/20/25 | 523 | 492,158 | |
0.70%, 02/08/26(b) | 1,613 | 1,491,151 | |
3.25%, 02/23/26 | 1,584 | 1,530,567 | |
4.42%, 05/08/26 | 600 | 592,656 | |
2.45%, 08/04/26 | 1,169 | 1,102,361 | |
2.05%, 09/11/26 | 900 | 838,165 | |
3.35%, 02/09/27 | 1,559 | 1,489,381 | |
3.20%, 05/11/27 | 1,243 | 1,178,598 | |
3.00%, 06/20/27 | 700 | 658,679 | |
2.90%, 09/12/27 | 829 | 774,237 | |
3.00%, 11/13/27 | 829 | 776,826 | |
1.20%, 02/08/28 | 1,789 | 1,557,232 | |
4.00%, 05/10/28 | 890 | 860,169 | |
1.40%, 08/05/28 | 1,530 | 1,320,708 | |
3.25%, 08/08/29 | 400 | 367,353 | |
2.20%, 09/11/29 | 1,023 | 888,924 | |
4.15%, 05/10/30(b) | 360 | 345,975 | |
1.65%, 05/11/30 | 1,160 | 956,808 | |
1.25%, 08/20/30 | 523 | 417,559 | |
1.65%, 02/08/31 | 1,773 | 1,433,921 | |
1.70%, 08/05/31 | 692 | 552,210 | |
3.35%, 08/08/32 | 800 | 710,532 | |
4.30%, 05/10/33 | 360 | 347,050 | |
Dell International LLC/EMC Corp. | |||
5.85%, 07/15/25 | 496 | 496,843 | |
6.02%, 06/15/26 | 1,499 | 1,507,707 | |
4.90%, 10/01/26 | 829 | 816,495 | |
6.10%, 07/15/27(b) | 258 | 262,284 | |
5.25%, 02/01/28 | 550 | 547,501 | |
5.30%, 10/01/29 | 1,036 | 1,025,573 | |
6.20%, 07/15/30 | 450 | 463,073 | |
5.75%, 02/01/33(b) | 400 | 402,925 | |
5.40%, 04/15/34 | 600 | 581,324 | |
Dell, Inc., 7.10%, 04/15/28(b) | 329 | 348,900 | |
Fortinet, Inc. | |||
1.00%, 03/15/26 | 628 | 576,078 | |
2.20%, 03/15/31 | 183 | 148,321 | |
Hewlett Packard Enterprise Co. | |||
4.90%, 10/15/25 | 1,292 | 1,276,480 | |
1.75%, 04/01/26 | 829 | 771,744 | |
5.25%, 07/01/28(b) | 140 | 139,005 | |
HP, Inc. | |||
2.20%, 06/17/25 | 413 | 396,944 | |
1.45%, 06/17/26 | 318 | 291,549 | |
3.00%, 06/17/27 | 450 | 418,603 | |
4.75%, 01/15/28 | 634 | 618,829 | |
4.00%, 04/15/29 | 704 | 657,763 | |
3.40%, 06/17/30(b) | 310 | 275,751 | |
2.65%, 06/17/31 | 529 | 435,887 |
Security | Par (000) | Value | |
Technology Hardware, Storage & Peripherals (continued) | |||
HP, Inc. (continued) | |||
4.20%, 04/15/32 | $ | 477 | $ 432,979 |
5.50%, 01/15/33(b) | 650 | 640,148 | |
NetApp, Inc. | |||
1.88%, 06/22/25 | 558 | 533,820 | |
2.38%, 06/22/27 | 400 | 363,008 | |
2.70%, 06/22/30 | 400 | 339,214 | |
Western Digital Corp. | |||
2.85%, 02/01/29 | 226 | 190,880 | |
3.10%, 02/01/32 | 145 | 113,332 | |
37,787,513 | |||
Textiles, Apparel & Luxury Goods — 0.2% | |||
NIKE, Inc. | |||
2.38%, 11/01/26 | 732 | 683,969 | |
2.75%, 03/27/27 | 619 | 580,285 | |
2.85%, 03/27/30 | 1,099 | 970,706 | |
Ralph Lauren Corp., 2.95%, 06/15/30 | 350 | 306,417 | |
Tapestry, Inc. | |||
7.05%, 11/27/25 | 200 | 203,052 | |
7.00%, 11/27/26 | 700 | 713,388 | |
7.35%, 11/27/28 | 650 | 670,643 | |
7.70%, 11/27/30(b) | 575 | 596,715 | |
3.05%, 03/15/32(b) | 200 | 158,854 | |
7.85%, 11/27/33 | 750 | 783,446 | |
VF Corp. | |||
2.80%, 04/23/27 | 254 | 227,401 | |
2.95%, 04/23/30(b) | 413 | 328,730 | |
6,223,606 | |||
Tobacco — 1.0% | |||
Altria Group, Inc. | |||
2.35%, 05/06/25 | 656 | 634,402 | |
4.40%, 02/14/26 | 806 | 789,971 | |
2.63%, 09/16/26 | 209 | 195,682 | |
6.20%, 11/01/28 | 175 | 179,334 | |
4.80%, 02/14/29 | 1,437 | 1,394,593 | |
3.40%, 05/06/30 | 625 | 554,517 | |
2.45%, 02/04/32 | 1,319 | 1,041,310 | |
6.88%, 11/01/33 | 418 | 441,524 | |
BAT Capital Corp. | |||
3.22%, 09/06/26 | 829 | 784,279 | |
4.70%, 04/02/27 | 695 | 677,215 | |
3.56%, 08/15/27 | 1,495 | 1,402,013 | |
2.26%, 03/25/28 | 1,196 | 1,051,291 | |
3.46%, 09/06/29 | 328 | 293,355 | |
4.91%, 04/02/30 | 496 | 474,984 | |
6.34%, 08/02/30 | 600 | 615,167 | |
5.83%, 02/20/31 | 656 | 655,745 | |
2.73%, 03/25/31 | 823 | 679,794 | |
4.74%, 03/16/32(b) | 454 | 424,031 | |
7.75%, 10/19/32 | 340 | 377,080 | |
6.42%, 08/02/33(b) | 822 | 844,734 | |
6.00%, 02/20/34(b) | 485 | 482,002 | |
BAT International Finance PLC | |||
1.67%, 03/25/26 | 987 | 916,488 | |
4.45%, 03/16/28 | 772 | 738,446 | |
5.93%, 02/02/29 | 600 | 605,413 | |
Philip Morris International, Inc. | |||
1.50%, 05/01/25 | 300 | 288,322 | |
3.38%, 08/11/25 | 620 | 604,081 | |
5.00%, 11/17/25 | 500 | 496,101 | |
4.88%, 02/13/26 | 1,022 | 1,012,575 |
Security | Par (000) | Value | |
Tobacco (continued) | |||
Philip Morris International, Inc. (continued) | |||
2.75%, 02/25/26 | $ | 342 | $ 326,094 |
0.88%, 05/01/26 | 300 | 274,325 | |
4.75%, 02/12/27 | 400 | 394,067 | |
3.13%, 08/17/27 | 179 | 167,591 | |
5.13%, 11/17/27 | 740 | 733,109 | |
4.88%, 02/15/28 | 700 | 688,044 | |
3.13%, 03/02/28 | 250 | 230,583 | |
5.25%, 09/07/28 | 175 | 174,166 | |
4.88%, 02/13/29 | 900 | 878,569 | |
3.38%, 08/15/29(b) | 800 | 729,191 | |
5.63%, 11/17/29 | 667 | 672,635 | |
5.13%, 02/15/30 | 1,500 | 1,474,519 | |
2.10%, 05/01/30 | 259 | 214,357 | |
5.50%, 09/07/30 | 175 | 174,634 | |
1.75%, 11/01/30 | 959 | 764,371 | |
5.13%, 02/13/31 | 752 | 730,724 | |
5.75%, 11/17/32 | 901 | 907,112 | |
5.38%, 02/15/33 | 1,300 | 1,274,139 | |
5.63%, 09/07/33(b) | 575 | 571,749 | |
5.25%, 02/13/34 | 1,000 | 964,650 | |
Reynolds American, Inc., 4.45%, 06/12/25 | 793 | 780,212 | |
31,779,290 | |||
Transportation Infrastructure — 0.3% | |||
CH Robinson Worldwide, Inc., 4.20%, 04/15/28 | 350 | 334,248 | |
FedEx Corp. | |||
3.25%, 04/01/26 | 450 | 433,385 | |
3.40%, 02/15/28 | 250 | 233,529 | |
4.20%, 10/17/28 | 252 | 240,332 | |
3.10%, 08/05/29 | 829 | 744,709 | |
4.25%, 05/15/30(b) | 309 | 291,382 | |
2.40%, 05/15/31(b) | 516 | 426,531 | |
4.90%, 01/15/34(b) | 268 | 254,998 | |
FedEx Corp. Pass-Through Trust, Series 2020-1, Class AA, 1.88%, 08/20/35(b) | 403 | 325,160 | |
Ryder System, Inc. | |||
1.75%, 09/01/26 | 404 | 369,991 | |
2.90%, 12/01/26(b) | 161 | 150,653 | |
2.85%, 03/01/27 | 103 | 95,838 | |
5.30%, 03/15/27 | 145 | 143,987 | |
4.30%, 06/15/27 | 110 | 105,928 | |
5.65%, 03/01/28 | 200 | 201,091 | |
5.25%, 06/01/28 | 500 | 495,543 | |
6.30%, 12/01/28 | 200 | 205,933 | |
5.38%, 03/15/29 | 200 | 198,320 | |
06/01/29(c) | 65 | 64,617 | |
6.60%, 12/01/33 | 370 | 388,379 | |
United Parcel Service, Inc. | |||
2.40%, 11/15/26 | 659 | 616,847 | |
3.05%, 11/15/27 | 701 | 653,181 | |
3.40%, 03/15/29 | 350 | 325,167 | |
2.50%, 09/01/29 | 280 | 246,016 | |
4.45%, 04/01/30 | 350 | 337,770 | |
4.88%, 03/03/33(b) | 400 | 387,896 | |
8,271,431 | |||
Water Utilities — 0.1% | |||
American Water Capital Corp. | |||
2.95%, 09/01/27 | 413 | 381,404 | |
3.75%, 09/01/28 | 193 | 181,217 | |
3.45%, 06/01/29 | 413 | 377,646 | |
2.80%, 05/01/30 | 254 | 218,967 | |
2.30%, 06/01/31 | 745 | 605,056 |
Security | Par (000) | Value | |
Water Utilities (continued) | |||
American Water Capital Corp. (continued) | |||
4.45%, 06/01/32 | $ | 430 | $ 401,486 |
5.15%, 03/01/34 | 275 | 266,491 | |
Essential Utilities, Inc. | |||
2.70%, 04/15/30 | 250 | 212,581 | |
2.40%, 05/01/31(b) | 129 | 103,945 | |
5.38%, 01/15/34 | 350 | 337,058 | |
3,085,851 | |||
Wireless Telecommunication Services — 1.1% | |||
America Movil SAB de CV | |||
3.63%, 04/22/29 | 916 | 837,966 | |
2.88%, 05/07/30 | 582 | 503,110 | |
4.70%, 07/21/32 | 350 | 327,578 | |
Orange SA, 9.00%, 03/01/31 | 1,613 | 1,906,305 | |
Rogers Communications, Inc. | |||
3.63%, 12/15/25 | 556 | 536,345 | |
2.90%, 11/15/26 | 179 | 167,512 | |
3.20%, 03/15/27 | 767 | 719,505 | |
5.00%, 02/15/29 | 992 | 965,319 | |
3.80%, 03/15/32 | 1,546 | 1,348,825 | |
5.30%, 02/15/34 | 800 | 766,927 | |
Sprint LLC, 7.63%, 03/01/26 | 600 | 615,668 | |
T-Mobile U.S., Inc. | |||
1.50%, 02/15/26 | 829 | 771,250 | |
2.25%, 02/15/26 | 1,396 | 1,316,129 | |
2.63%, 04/15/26 | 450 | 425,156 | |
3.75%, 04/15/27 | 2,883 | 2,747,155 | |
4.75%, 02/01/28 | 700 | 681,389 | |
2.05%, 02/15/28 | 1,365 | 1,206,725 | |
4.95%, 03/15/28 | 720 | 706,975 | |
4.80%, 07/15/28 | 1,000 | 974,554 | |
4.85%, 01/15/29 | 310 | 302,180 | |
2.63%, 02/15/29 | 700 | 615,130 | |
2.40%, 03/15/29 | 250 | 217,351 | |
3.38%, 04/15/29 | 1,500 | 1,361,195 | |
3.88%, 04/15/30 | 4,964 | 4,542,085 | |
2.55%, 02/15/31 | 1,803 | 1,495,259 | |
2.88%, 02/15/31 | 700 | 594,991 | |
3.50%, 04/15/31 | 1,766 | 1,553,134 | |
2.25%, 11/15/31 | 286 | 227,840 | |
2.70%, 03/15/32 | 625 | 510,601 | |
5.20%, 01/15/33 | 902 | 875,684 | |
5.05%, 07/15/33 | 1,685 | 1,614,170 | |
5.75%, 01/15/34 | 305 | 307,168 | |
5.15%, 04/15/34 | 970 | 933,951 | |
Vodafone Group PLC | |||
4.13%, 05/30/25 | 543 | 534,474 | |
4.38%, 05/30/28(b) | 400 | 387,957 | |
7.88%, 02/15/30 | 376 | 419,403 | |
6.25%, 11/30/32 | 500 | 521,472 | |
34,538,438 | |||
Total Corporate Bonds — 88.5% (Cost: $2,880,525,898) | 2,738,237,077 | ||
Foreign Agency Obligations | |||
Canada — 1.4% | |||
Canada Government International Bond | |||
0.75%, 05/19/26 | 1,200 | 1,099,818 | |
3.75%, 04/26/28 | 2,000 | 1,918,611 | |
Export Development Canada | |||
3.38%, 08/26/25 | 1,300 | 1,267,938 |
Security | Par (000) | Value | |
Canada (continued) | |||
Export Development Canada (continued) | |||
4.38%, 06/29/26 | $ | 1,100 | $ 1,083,596 |
3.00%, 05/25/27 | 1,100 | 1,038,717 | |
3.88%, 02/14/28 | 1,600 | 1,542,997 | |
4.13%, 02/13/29(b) | 2,500 | 2,423,888 | |
Hydro-Quebec, 9.38%, 04/15/30 | 300 | 358,589 | |
Province of Alberta Canada | |||
1.00%, 05/20/25 | 1,039 | 992,260 | |
3.30%, 03/15/28 | 409 | 384,086 | |
1.30%, 07/22/30(b) | 659 | 529,351 | |
4.50%, 01/24/34 | 1,000 | 955,257 | |
Province of British Columbia Canada | |||
2.25%, 06/02/26 | 829 | 780,884 | |
0.90%, 07/20/26(b) | 859 | 782,897 | |
4.80%, 11/15/28 | 1,200 | 1,190,993 | |
4.90%, 04/24/29 | 1,500 | 1,493,865 | |
4.20%, 07/06/33 | 1,200 | 1,123,237 | |
Province of Manitoba Canada | |||
1.50%, 10/25/28 | 359 | 308,863 | |
4.30%, 07/27/33 | 600 | 565,197 | |
Province of New Brunswick Canada, 3.63%, 02/24/28 | 179 | 169,306 | |
Province of Ontario Canada | |||
0.63%, 01/21/26 | 1,229 | 1,136,344 | |
1.05%, 04/14/26 | 1,050 | 969,932 | |
2.50%, 04/27/26 | 2,489 | 2,363,132 | |
3.10%, 05/19/27(b) | 800 | 755,376 | |
1.05%, 05/21/27 | 829 | 735,999 | |
4.20%, 01/18/29 | 2,000 | 1,934,345 | |
2.00%, 10/02/29 | 829 | 712,058 | |
1.13%, 10/07/30 | 459 | 361,786 | |
1.60%, 02/25/31 | 1,659 | 1,335,914 | |
2.13%, 01/21/32 | 1,200 | 979,983 | |
5.05%, 04/24/34 | 900 | 897,235 | |
Province of Quebec Canada | |||
0.60%, 07/23/25 | 1,659 | 1,566,457 | |
2.50%, 04/20/26 | 881 | 836,782 | |
2.75%, 04/12/27(b) | 1,659 | 1,554,257 | |
3.63%, 04/13/28(b) | 1,700 | 1,615,345 | |
4.50%, 04/03/29 | 2,300 | 2,249,889 | |
7.50%, 09/15/29 | 900 | 1,002,633 | |
1.35%, 05/28/30 | 659 | 534,106 | |
4.50%, 09/08/33(b) | 800 | 765,228 | |
42,317,151 | |||
Chile — 0.2% | |||
Chile Government International Bond | |||
3.13%, 01/21/26 | 400 | 383,750 | |
2.75%, 01/31/27 | 600 | 556,688 | |
3.24%, 02/06/28 | 982 | 907,122 | |
4.85%, 01/22/29 | 1,100 | 1,069,750 | |
2.45%, 01/31/31 | 783 | 652,826 | |
2.55%, 01/27/32 | 878 | 718,588 | |
2.55%, 07/27/33 | 1,300 | 1,022,125 | |
3.50%, 01/31/34(b) | 900 | 760,219 | |
6,071,068 | |||
Germany — 0.0% | |||
Landwirtschaftliche Rentenbank, 1.75%, 07/27/26 | 829 | 771,218 | |
Indonesia — 0.3% | |||
Indonesia Government International Bond | |||
4.15%, 09/20/27 | 600 | 577,125 | |
3.50%, 01/11/28 | 1,310 | 1,224,167 |
Security | Par (000) | Value | |
Indonesia (continued) | |||
Indonesia Government International Bond (continued) | |||
4.10%, 04/24/28 | $ | 478 | $ 454,996 |
4.75%, 02/11/29 | 478 | 465,303 | |
4.40%, 03/10/29 | 600 | 576,000 | |
2.85%, 02/14/30(b) | 1,310 | 1,143,794 | |
3.85%, 10/15/30 | 1,310 | 1,198,241 | |
1.85%, 03/12/31 | 800 | 635,750 | |
2.15%, 07/28/31 | 600 | 481,687 | |
3.55%, 03/31/32 | 700 | 612,062 | |
4.65%, 09/20/32 | 1,000 | 940,937 | |
4.85%, 01/11/33 | 500 | 477,813 | |
4.70%, 02/10/34(b) | 400 | 377,417 | |
9,165,292 | |||
Israel — 0.2% | |||
Israel Government International Bond | |||
2.88%, 03/16/26(b) | 400 | 377,250 | |
3.25%, 01/17/28 | 982 | 898,837 | |
5.38%, 03/12/29 | 1,000 | 979,529 | |
2.75%, 07/03/30 | 858 | 714,821 | |
4.50%, 01/17/33(b) | 1,150 | 1,030,688 | |
5.50%, 03/12/34 | 2,000 | 1,897,500 | |
State of Israel, 2.50%, 01/15/30 | 710 | 587,809 | |
6,486,434 | |||
Italy — 0.1% | |||
Republic of Italy Government International Bond | |||
1.25%, 02/17/26 | 2,489 | 2,299,527 | |
2.88%, 10/17/29 | 883 | 765,480 | |
3,065,007 | |||
Japan — 0.7% | |||
Japan Bank for International Cooperation | |||
2.50%, 05/28/25 | 2,486 | 2,408,136 | |
0.63%, 07/15/25 | 1,310 | 1,236,202 | |
4.25%, 01/26/26 | 1,500 | 1,471,851 | |
2.38%, 04/20/26 | 650 | 614,624 | |
4.25%, 04/27/26 | 1,000 | 980,139 | |
1.88%, 07/21/26 | 800 | 743,765 | |
2.25%, 11/04/26 | 1,500 | 1,395,756 | |
2.88%, 06/01/27 | 976 | 913,475 | |
2.88%, 07/21/27 | 900 | 839,752 | |
2.75%, 11/16/27 | 1,200 | 1,108,535 | |
3.25%, 07/20/28(b) | 1,310 | 1,221,745 | |
3.50%, 10/31/28(b) | 1,100 | 1,031,525 | |
2.13%, 02/16/29(b) | 900 | 789,103 | |
2.00%, 10/17/29 | 476 | 407,558 | |
1.25%, 01/21/31 | 1,310 | 1,031,524 | |
4.38%, 01/24/31 | 600 | 578,856 | |
1.88%, 04/15/31 | 986 | 804,637 | |
4.63%, 04/17/34 | 600 | 584,659 | |
Japan International Cooperation Agency | |||
2.13%, 10/20/26 | 300 | 277,850 | |
2.75%, 04/27/27 | 800 | 744,249 | |
3.25%, 05/25/27 | 500 | 471,882 | |
4.00%, 05/23/28 | 1,000 | 955,679 | |
20,611,502 | |||
Mexico — 0.5% | |||
Mexico Government International Bond | |||
4.13%, 01/21/26 | 2,489 | 2,422,108 | |
4.15%, 03/28/27 | 1,028 | 986,880 | |
3.75%, 01/11/28 | 478 | 446,631 | |
5.40%, 02/09/28 | 1,400 | 1,383,813 | |
4.50%, 04/22/29 | 1,053 | 995,085 |
Security | Par (000) | Value | |
Mexico (continued) | |||
Mexico Government International Bond (continued) | |||
5.00%, 05/07/29(b) | $ | 1,200 | $ 1,157,400 |
3.25%, 04/16/30 | 1,139 | 987,727 | |
2.66%, 05/24/31 | 2,310 | 1,874,709 | |
4.75%, 04/27/32 | 1,639 | 1,500,197 | |
7.50%, 04/08/33 | 300 | 329,531 | |
4.88%, 05/19/33 | 1,600 | 1,462,500 | |
3.50%, 02/12/34 | 1,700 | 1,361,700 | |
14,908,281 | |||
Panama — 0.2% | |||
Panama Government International Bond | |||
7.13%, 01/29/26 | 600 | 605,250 | |
8.88%, 09/30/27 | 600 | 634,875 | |
3.88%, 03/17/28 | 633 | 569,304 | |
9.38%, 04/01/29 | 400 | 436,500 | |
3.16%, 01/23/30 | 1,178 | 957,714 | |
7.50%, 03/01/31 | 700 | 709,844 | |
2.25%, 09/29/32 | 1,300 | 897,650 | |
3.30%, 01/19/33 | 800 | 597,250 | |
5,408,387 | |||
Peru — 0.2% | |||
Peruvian Government International Bond | |||
7.35%, 07/21/25 | 360 | 366,413 | |
2.39%, 01/23/26 | 251 | 236,881 | |
4.13%, 08/25/27(b) | 580 | 554,263 | |
2.84%, 06/20/30 | 470 | 400,381 | |
2.78%, 01/23/31 | 2,059 | 1,714,117 | |
1.86%, 12/01/32(b) | 620 | 454,925 | |
8.75%, 11/21/33 | 1,100 | 1,310,031 | |
3.00%, 01/15/34 | 1,650 | 1,295,766 | |
6,332,777 | |||
Philippines — 0.3% | |||
Philippine Government International Bond, 5.50%, 03/30/26 | 650 | 651,625 | |
Philippines Government International Bond | |||
5.17%, 10/13/27 | 600 | 595,500 | |
3.00%, 02/01/28 | 978 | 899,149 | |
4.63%, 07/17/28(b) | 800 | 779,718 | |
3.75%, 01/14/29 | 489 | 455,687 | |
9.50%, 02/02/30 | 1,100 | 1,324,125 | |
2.46%, 05/05/30 | 710 | 602,141 | |
7.75%, 01/14/31 | 1,243 | 1,399,152 | |
1.65%, 06/10/31 | 478 | 371,794 | |
1.95%, 01/06/32 | 500 | 390,313 | |
6.38%, 01/15/32 | 600 | 632,625 | |
3.56%, 09/29/32 | 400 | 347,875 | |
5.61%, 04/13/33(b) | 400 | 403,250 | |
5.00%, 07/17/33 | 900 | 870,187 | |
9,723,141 | |||
Poland — 0.1% | |||
Republic of Poland Government International Bond | |||
3.25%, 04/06/26 | 1,036 | 999,688 | |
5.50%, 11/16/27 | 700 | 707,147 | |
4.63%, 03/18/29 | 1,000 | 974,630 | |
5.75%, 11/16/32 | 600 | 610,200 | |
4.88%, 10/04/33 | 1,500 | 1,428,863 | |
4,720,528 | |||
South Korea — 0.5% | |||
Export-Import Bank of Korea | |||
4.88%, 01/11/26 | 1,500 | 1,488,060 |
Security | Par (000) | Value | |
South Korea (continued) | |||
Export-Import Bank of Korea (continued) | |||
0.63%, 02/09/26(b) | $ | 1,000 | $ 920,960 |
2.63%, 05/26/26 | 478 | 452,551 | |
1.63%, 01/18/27 | 1,000 | 910,510 | |
4.25%, 09/15/27 | 400 | 388,216 | |
5.00%, 01/11/28 | 850 | 844,603 | |
4.50%, 01/11/29(b) | 500 | 488,970 | |
4.50%, 09/15/32 | 600 | 566,922 | |
5.13%, 01/11/33(b) | 1,000 | 984,840 | |
5.13%, 09/18/33 | 300 | 295,182 | |
4.63%, 01/11/34(b) | 500 | 472,320 | |
Korea Development Bank | |||
4.00%, 09/08/25 | 850 | 832,711 | |
3.38%, 09/16/25 | 1,000 | 970,870 | |
3.00%, 01/13/26 | 1,310 | 1,260,141 | |
0.80%, 07/19/26 | 400 | 362,636 | |
5.38%, 10/23/28(b) | 800 | 806,808 | |
4.50%, 02/15/29 | 1,000 | 975,485 | |
4.25%, 09/08/32 | 400 | 371,320 | |
4.38%, 02/15/33 | 800 | 746,152 | |
5.63%, 10/23/33 | 500 | 510,320 | |
Korea International Bond | |||
2.75%, 01/19/27 | 600 | 564,642 | |
2.50%, 06/19/29 | 500 | 442,825 | |
15,657,044 | |||
Supranational — 3.8% | |||
African Development Bank | |||
0.88%, 03/23/26 | 1,659 | 1,531,573 | |
0.88%, 07/22/26 | 950 | 866,364 | |
Arab Petroleum Investments Corp., 1.48%, 10/06/26(a) | 800 | 727,000 | |
Asian Development Bank | |||
0.38%, 09/03/25 | 1,000 | 936,850 | |
4.25%, 01/09/26 | 2,000 | 1,969,028 | |
0.50%, 02/04/26 | 1,659 | 1,529,510 | |
1.00%, 04/14/26 | 1,659 | 1,532,790 | |
2.00%, 04/24/26 | 829 | 780,473 | |
2.63%, 01/12/27 | 829 | 779,604 | |
1.50%, 01/20/27 | 1,400 | 1,276,713 | |
3.13%, 08/20/27 | 2,000 | 1,889,910 | |
2.50%, 11/02/27 | 1,659 | 1,529,993 | |
2.75%, 01/19/28 | 1,020 | 945,667 | |
5.82%, 06/16/28 | 2,519 | 2,591,687 | |
4.38%, 03/06/29 | 3,500 | 3,432,385 | |
1.88%, 03/15/29 | 1,500 | 1,308,083 | |
1.75%, 09/19/29 | 1,659 | 1,416,870 | |
1.88%, 01/24/30 | 789 | 672,050 | |
1.50%, 03/04/31 | 1,500 | 1,212,324 | |
3.13%, 04/27/32 | 1,000 | 886,780 | |
Asian Infrastructure Investment Bank | |||
0.50%, 01/27/26 | 1,750 | 1,614,970 | |
4.00%, 01/18/28 | 2,000 | 1,937,860 | |
4.25%, 03/13/34 | 1,000 | 952,570 | |
Corp. Andina de Fomento | |||
1.63%, 09/23/25 | 700 | 660,303 | |
2.25%, 02/08/27(b) | 400 | 365,696 | |
Council of Europe Development Bank | |||
3.63%, 01/26/28 | 1,000 | 955,238 | |
4.13%, 01/24/29 | 1,500 | 1,454,122 | |
European Bank for Reconstruction & Development | |||
0.50%, 05/19/25 | 1,659 | 1,576,205 | |
0.50%, 01/28/26 | 900 | 830,171 |
Security | Par (000) | Value | |
Supranational (continued) | |||
European Bank for Reconstruction & Development (continued) | |||
4.13%, 01/25/29 | $ | 2,000 | $ 1,940,161 |
4.25%, 03/13/34 | 1,000 | 953,128 | |
European Investment Bank | |||
0.63%, 07/25/25 | 1,659 | 1,566,778 | |
2.75%, 08/15/25 | 1,050 | 1,016,791 | |
0.38%, 12/15/25 | 1,350 | 1,249,443 | |
0.38%, 03/26/26 | 3,000 | 2,744,605 | |
2.13%, 04/13/26(b) | 829 | 783,526 | |
0.75%, 10/26/26 | 1,198 | 1,080,098 | |
2.38%, 05/24/27 | 2,903 | 2,695,414 | |
3.25%, 11/15/27 | 1,000 | 946,406 | |
1.75%, 03/15/29 | 1,100 | 953,876 | |
4.75%, 06/15/29 | 3,000 | 2,993,711 | |
1.63%, 10/09/29 | 620 | 526,456 | |
0.88%, 05/17/30 | 400 | 318,024 | |
1.25%, 02/14/31 | 3,000 | 2,392,719 | |
4.13%, 02/13/34 | 2,500 | 2,365,068 | |
Inter-American Development Bank | |||
0.63%, 07/15/25 | 1,350 | 1,275,982 | |
0.88%, 04/20/26 | 2,489 | 2,293,082 | |
2.00%, 06/02/26 | 413 | 387,663 | |
2.00%, 07/23/26(b) | 1,700 | 1,590,118 | |
1.50%, 01/13/27 | 1,500 | 1,368,763 | |
2.38%, 07/07/27 | 829 | 766,324 | |
1.13%, 07/20/28 | 2,489 | 2,137,602 | |
2.25%, 06/18/29(b) | 1,534 | 1,355,232 | |
3.50%, 09/14/29 | 2,000 | 1,873,413 | |
1.13%, 01/13/31 | 2,073 | 1,636,536 | |
Inter-American Investment Corp. | |||
4.13%, 02/15/28 | 500 | 483,601 | |
4.25%, 02/14/29 | 1,000 | 968,922 | |
International Bank for Reconstruction & Development | |||
0.38%, 07/28/25 | 2,489 | 2,342,446 | |
2.50%, 07/29/25 | 829 | 800,990 | |
0.50%, 10/28/25 | 1,659 | 1,546,765 | |
0.88%, 07/15/26 | 850 | 776,496 | |
1.88%, 10/27/26 | 1,720 | 1,594,255 | |
3.13%, 06/15/27(b) | 2,000 | 1,896,273 | |
2.50%, 11/22/27 | 1,659 | 1,530,026 | |
0.75%, 11/24/27 | 1,000 | 865,114 | |
1.38%, 04/20/28 | 2,903 | 2,539,507 | |
1.13%, 09/13/28 | 2,150 | 1,837,353 | |
3.63%, 09/21/29 | 1,000 | 942,583 | |
1.75%, 10/23/29 | 2,489 | 2,120,532 | |
0.88%, 05/14/30 | 4,000 | 3,175,182 | |
0.75%, 08/26/30(b) | 2,300 | 1,793,019 | |
1.25%, 02/10/31 | 4,150 | 3,295,967 | |
1.63%, 11/03/31 | 800 | 639,952 | |
2.50%, 03/29/32(b) | 4,000 | 3,392,838 | |
International Finance Corp. | |||
0.38%, 07/16/25 | 1,659 | 1,563,142 | |
0.75%, 10/08/26(b) | 1,659 | 1,498,369 | |
0.75%, 08/27/30 | 459 | 357,959 | |
Nordic Investment Bank | |||
0.38%, 09/11/25 | 1,100 | 1,029,209 | |
3.38%, 09/08/27(b) | 500 | 475,471 |
Security | Par (000) | Value | |
Supranational (continued) | |||
Nordic Investment Bank (continued) | |||
4.38%, 03/14/28 | $ | 1,600 | $ 1,567,724 |
4.25%, 02/28/29 | 1,000 | 974,669 | |
117,382,072 | |||
Sweden — 0.2% | |||
Svensk Exportkredit AB | |||
0.63%, 05/14/25 | 1,310 | 1,246,517 | |
0.50%, 08/26/25 | 1,310 | 1,228,301 | |
4.38%, 02/13/26 | 1,500 | 1,475,704 | |
2.25%, 03/22/27 | 500 | 461,982 | |
4.25%, 02/01/29 | 1,000 | 971,925 | |
5,384,429 | |||
Uruguay — 0.0% | |||
Uruguay Government International Bond | |||
4.38%, 10/27/27 | 829 | 816,824 | |
4.38%, 01/23/31 | 823 | 788,023 | |
1,604,847 | |||
Total Foreign Agency Obligations — 8.7% (Cost: $287,680,047) | 269,609,178 | ||
Municipal Bonds | |||
California — 0.2% | |||
California Earthquake Authority, RB, Series A, 5.60%, 07/01/27 | 250 | 249,455 | |
Los Angeles Community College District, Refunding GO, 2.11%, 08/01/32(b) | 540 | 445,549 | |
Regents of the University of California Medical Center Pooled Revenue, RB, Series Q, 4.13%, 05/15/32 | 200 | 186,694 | |
State of California, GO, BAB, 7.50%, 04/01/34 | 1,200 | 1,367,983 | |
State of California, Refunding GO | |||
3.38%, 04/01/25 | 25 | 24,563 | |
3.50%, 04/01/28 | 285 | 269,624 | |
2.50%, 10/01/29 | 530 | 466,508 | |
5.75%, 10/01/31 | 150 | 154,676 | |
6.00%, 03/01/33 | 325 | 342,995 | |
4.50%, 04/01/33 | 1,000 | 950,173 | |
University of California, RB | |||
Series BD, 3.35%, 07/01/29 | 460 | 424,600 | |
Series BG, 0.88%, 05/15/25 | 150 | 143,360 | |
Series BG, 1.61%, 05/15/30 | 320 | 262,458 | |
University of California, Refunding RB, Series AX, 3.06%, 07/01/25 | 25 | 24,343 | |
5,312,981 | |||
Connecticut — 0.0% | |||
State of Connecticut, GO, Series A, 5.85%, 03/15/32 | 490 | 509,388 | |
Florida — 0.1% | |||
State Board of Administration Finance Corp., RB | |||
Series A, 1.26%, 07/01/25 | 607 | 578,123 | |
Series A, 1.71%, 07/01/27 | 371 | 332,437 | |
Series A, 2.15%, 07/01/30(b) | 795 | 661,880 | |
1,572,440 | |||
Illinois — 0.2% | |||
State of Illinois, GO, 5.10%, 06/01/33(b) | 4,550 | 4,444,616 |
Security | Par (000) | Value | |
Louisiana — 0.0% | |||
Louisiana Local Government Environmental Facilities & Community Development Authority, RB | |||
Class A-1, 3.62%, 02/01/29 | $ | 385 | $ 373,460 |
Class A-1, 5.08%, 06/01/31 | 194 | 191,626 | |
565,086 | |||
Massachusetts — 0.0% | |||
Commonwealth of Massachusetts, RB, Series A, Sustainability Bonds, 3.77%, 07/15/29 | 320 | 303,301 | |
Massachusetts School Building Authority, Refunding RB, Series B, Sustainability Bonds, 1.75%, 08/15/30 | 425 | 359,342 | |
662,643 | |||
New Jersey — 0.1% | |||
New Jersey Economic Development Authority, RB, Series A, (NPFGC), 7.43%, 02/15/29 | 1,201 | 1,267,403 | |
New Jersey Transportation Trust Fund Authority, RB, BAB, Series C, 5.75%, 12/15/28 | 580 | 580,116 | |
1,847,519 | |||
New York — 0.0% | |||
City of New York, GO, BAB, Series A-2, 5.21%, 10/01/31 | 235 | 230,837 | |
New York State Urban Development Corp., RB, Series B, 3.90%, 03/15/33 | 435 | 402,748 | |
Port Authority of New York & New Jersey, RB, Series 159, 6.04%, 12/01/29 | 125 | 130,780 | |
764,365 | |||
Ohio — 0.0% | |||
JobsOhio Beverage System, Refunding RB, Series B, 3.99%, 01/01/29 | 20 | 19,386 | |
Oregon — 0.0% | |||
Oregon School Boards Association, GO, Series B, (NPFGC), 5.55%, 06/30/28 | 300 | 299,716 | |
State of Oregon, GO, 5.89%, 06/01/27 | 610 | 617,011 | |
916,727 | |||
Tennessee — 0.0% | |||
Metropolitan Government Nashville & Davidson County Health & Educational Facilities Board, RB, Series B, 4.05%, 07/01/26 | 288 | 279,745 | |
Texas — 0.0% | |||
Texas Transportation Commission State Highway Fund, RB, BAB, Series B, 5.18%, 04/01/30 | 490 | 486,175 | |
Wisconsin — 0.0% | |||
State of Wisconsin, Refunding RB, Series C, 3.15%, 05/01/27(e) | 230 | 218,028 | |
Total Municipal Bonds — 0.6% (Cost: $18,597,642) | 17,599,099 |
Security | Par (000) | Value | |
Preferred Securities | |||
Capital Trusts — 0.0%(d) | |||
Electric Utilities — 0.0% | |||
American Electric Power Co., Inc., 3.88%, 02/15/62 | $ | 329 | $ 293,782 |
Insurance — 0.0% | |||
Prudential Financial, Inc., 5.38%, 05/15/45 | 413 | 408,583 | |
702,365 | |||
Total Preferred Securities — 0.0% (Cost: $741,928) | 702,365 | ||
U.S. Government Sponsored Agency Securities | |||
Agency Obligations — 0.0% | |||
Svensk Exportkredit AB, 4.88%, 10/04/30 | 700 | 695,168 | |
Total U.S. Government Sponsored Agency Securities — 0.0% (Cost: $705,871) | 695,168 | ||
Total Long-Term Investments — 97.8% (Cost: $3,188,251,386) | 3,026,842,887 |
Shares | |||
Short-Term Securities | |||
Money Market Funds — 8.8% | |||
BlackRock Cash Funds: Institutional, SL Agency Shares, 5.49%(f)(g)(h) | 273,069,683 | 273,151,604 | |
Total Short-Term Securities — 8.8% (Cost: $273,110,901) | 273,151,604 | ||
Total Investments — 106.6% (Cost: $3,461,362,287) | 3,299,994,491 | ||
Liabilities in Excess of Other Assets — (6.6)% | (204,273,414 ) | ||
Net Assets — 100.0% | $ 3,095,721,077 |
(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) | When-issued security. |
(d) | Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of period end. Security description also includes the reference rate and spread if published and available. |
(e) | Security is collateralized by municipal bonds or U.S. Treasury obligations. |
(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 the cash collateral from loaned securities. |
Affiliated Issuer | Value at 10/31/23 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation (Depreciation) | Value at 04/30/24 | Shares Held at 04/30/24 | Income | Capital Gain Distributions from Underlying Funds |
BlackRock Cash Funds: Institutional, SL Agency Shares | $ 182,872,847 | $ 90,322,605 (a) | $ — | $ (16,606 ) | $ (27,242 ) | $ 273,151,604 | 273,069,683 | $ 1,236,867 (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. |
Level 1 | Level 2 | Level 3 | Total | |
Assets | ||||
Investments | ||||
Long-Term Investments | ||||
Corporate Bonds | $ — | $ 2,738,237,077 | $ — | $ 2,738,237,077 |
Foreign Agency Obligations | — | 269,609,178 | — | 269,609,178 |
Municipal Bonds | — | 17,599,099 | — | 17,599,099 |
Preferred Securities | ||||
Capital Trusts | — | 702,365 | — | 702,365 |
U.S. Government Sponsored Agency Securities | — | 695,168 | — | 695,168 |
Short-Term Securities | ||||
Money Market Funds | 273,151,604 | — | — | 273,151,604 |
$273,151,604 | $3,026,842,887 | $— | $3,299,994,491 |
Security | Par (000) | Value | |
Corporate Bonds | |||
Financial Services — 0.1% | |||
Private Export Funding Corp., 4.30%, 12/15/28(a) | $ | 5,000 | $ 4,884,274 |
Total Corporate Bonds — 0.1% (Cost: $5,488,284) | 4,884,274 | ||
U.S. Government Sponsored Agency Securities | |||
Agency Obligations — 1.8% | |||
Fannie Mae | |||
2.63%, 09/06/24 | 4,979 | 4,931,120 | |
0.50%, 06/17/25 | 16,605 | 15,752,750 | |
6.25%, 05/15/29(a) | 4,441 | 4,733,278 | |
7.13%, 01/15/30(a) | 8,302 | 9,267,693 | |
7.25%, 05/15/30(a) | 17,063 | 19,255,398 | |
0.88%, 08/05/30(a) | 5,819 | 4,589,577 | |
6.63%, 11/15/30 | 96 | 105,565 | |
Federal Farm Credit Banks Funding Corp, 4.75%, 09/01/26 | 1,000 | 992,867 | |
Federal Home Loan Banks | |||
2.75%, 12/13/24 | 4,145 | 4,078,492 | |
3.13%, 06/13/25 | 7,930 | 7,740,449 | |
2.13%, 09/14/29 | 5,000 | 4,353,087 | |
Federal Home Loan Mortgage Corp. | |||
0.38%, 07/21/25 | 243 | 229,344 | |
6.75%, 03/15/31(a) | 2,323 | 2,586,325 | |
Tennessee Valley Authority, 1.50%, 09/15/31 | 130 | 104,001 | |
78,719,946 | |||
Total U.S. Government Sponsored Agency Securities — 1.8% (Cost: $86,874,625) | 78,719,946 | ||
U.S. Treasury Obligations | |||
U.S. Treasury Bonds | |||
6.88%, 08/15/25(a) | 6,641 | 6,805,468 | |
6.00%, 02/15/26 | 6,359 | 6,480,467 | |
6.75%, 08/15/26(a) | 6,225 | 6,468,164 | |
6.63%, 02/15/27(a) | 2,903 | 3,042,140 | |
6.38%, 08/15/27 | 4,000 | 4,186,406 | |
5.25%, 11/15/28 - 02/15/29 | 11,621 | 11,859,710 | |
6.13%, 08/15/29 | 6,225 | 6,629,382 | |
6.25%, 05/15/30 | 1,700 | 1,834,871 | |
5.38%, 02/15/31 | 4,979 | 5,199,360 | |
U.S. Treasury Notes | |||
2.13%, 05/15/25 - 05/31/26 | 38,508 | 37,025,171 | |
2.75%, 05/15/25 - 08/15/32 | 179,905 | 166,292,376 | |
0.25%, 05/31/25 - 10/31/25 | 133,130 | 125,107,241 | |
2.88%, 05/31/25 - 05/15/32 | 147,220 | 136,928,018 | |
4.25%, 05/31/25 - 02/28/31(a) | 196,200 | 192,729,844 | |
4.63%, 06/30/25 - 04/30/31(a) | 246,000 | 244,279,339 | |
3.00%, 07/15/25 - 10/31/25 | 61,007 | 59,254,684 | |
4.75%, 07/31/25 | 7,000 | 6,962,539 | |
3.13%, 08/15/25 - 08/31/29 | 76,804 | 72,568,998 | |
5.00%, 08/31/25 - 10/31/25 | 21,900 | 21,845,195 | |
3.50%, 09/15/25 - 02/15/33 | 158,500 | 148,814,559 | |
2.25%, 11/15/25 - 11/15/27 | 93,916 | 86,951,042 | |
4.50%, 11/15/25 - 11/15/33 | 169,900 | 167,928,109 | |
4.00%, 12/15/25 - 02/15/34 | 260,491 | 251,684,061 | |
0.38%, 12/31/25 - 09/30/27 | 80,832 | 72,357,802 | |
3.88%, 01/15/26 - 08/15/33 | 229,000 | 219,877,328 | |
2.63%, 01/31/26 - 07/31/29 | 63,589 | 58,314,596 | |
1.63%, 02/15/26 - 05/15/31 | 198,635 | 178,392,219 |
Security | Par (000) | Value | |
U.S. Treasury Obligations (continued) | |||
U.S. Treasury Notes (continued) | |||
0.50%, 02/28/26 - 08/31/27 | $ | 57,521 | $ 52,543,519 |
2.50%, 02/28/26 | 7,000 | 6,686,367 | |
0.75%, 03/31/26 - 01/31/28 | 195,779 | 178,741,359 | |
3.75%, 04/15/26 - 12/31/30 | 157,120 | 150,402,577 | |
2.38%, 04/30/26 - 05/15/29 | 93,956 | 85,462,625 | |
3.63%, 05/15/26 - 03/31/30 | 76,100 | 73,133,101 | |
4.13%, 06/15/26 - 11/15/32(a) | 231,207 | 224,444,669 | |
0.88%, 06/30/26 - 11/15/30 | 87,003 | 74,059,297 | |
1.88%, 06/30/26 - 02/15/32 | 115,959 | 101,011,129 | |
0.63%, 07/31/26 - 08/15/30 | 210,463 | 176,339,999 | |
1.50%, 08/15/26 - 02/15/30 | 67,043 | 60,092,567 | |
4.38%, 08/15/26 - 11/30/30 | 130,300 | 128,297,653 | |
1.38%, 08/31/26 - 11/15/31 | 134,150 | 112,429,772 | |
1.13%, 10/31/26 - 02/15/31 | 200,946 | 172,769,813 | |
2.00%, 11/15/26 | 23,954 | 22,290,320 | |
1.25%, 11/30/26 - 08/15/31 | 326,853 | 282,956,357 | |
1.00%, 07/31/28 | 33,214 | 28,442,082 | |
4.88%, 10/31/28 - 10/31/30 | 43,500 | 43,772,789 | |
3.25%, 06/30/29 | 25,500 | 23,773,770 | |
1.75%, 11/15/29 | 6,000 | 5,158,594 | |
3.38%, 05/15/33 | 49,000 | 44,283,750 | |
Total U.S. Treasury Obligations — 95.7% (Cost: $4,654,184,008) | 4,346,911,198 | ||
Total Long-Term Investments — 97.6% (Cost: $4,746,546,917) | 4,430,515,418 |
Shares | |||
Short-Term Securities | |||
Money Market Funds — 4.2% | |||
BlackRock Cash Funds: Institutional, SL Agency Shares, 5.49%(b)(c)(d) | 192,437,158 | 192,494,889 |
Par (000) | |||
U.S. Treasury Obligations — 1.7% | |||
U.S. Treasury Notes | |||
5.03%, 02/28/25(a) | $ | 10,000 | 9,793,848 |
2.63%, 04/15/25(a) | 19,800 | 19,318,342 | |
0.38%, 04/30/25 | 18,266 | 17,408,532 | |
2.88%, 04/30/25 | 10,600 | 10,355,393 | |
3.88%, 04/30/25 | 19,900 | 19,634,537 | |
76,510,652 | |||
Total Short-Term Securities — 5.9% (Cost: $270,888,369) | 269,005,541 | ||
Total Investments — 103.5% (Cost: $5,017,435,286) | 4,699,520,959 | ||
Liabilities in Excess of Other Assets — (3.5)% | (157,724,599 ) | ||
Net Assets — 100.0% | $ 4,541,796,360 |
(a) | All or a portion of this security is on loan. |
(b) | Affiliate of the Fund. |
(c) | Annualized 7-day yield as of period end. |
(d) | All or a portion of this security was purchased with the cash collateral from loaned securities. |
Affiliated Issuer | Value at 10/31/23 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation (Depreciation) | Value at 04/30/24 | Shares Held at 04/30/24 | Income | Capital Gain Distributions from Underlying Funds |
BlackRock Cash Funds: Institutional, SL Agency Shares | $ 1,621,788,775 | $ — | $ (1,429,494,719 )(a) | $ 768,612 | $ (567,779 ) | $ 192,494,889 | 192,437,158 | $ 840,103 (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. |
Level 1 | Level 2 | Level 3 | Total | |
Assets | ||||
Investments | ||||
Long-Term Investments | ||||
Corporate Bonds | $ — | $ 4,884,274 | $ — | $ 4,884,274 |
U.S. Government Sponsored Agency Securities | — | 78,719,946 | — | 78,719,946 |
U.S. Treasury Obligations | — | 4,346,911,198 | — | 4,346,911,198 |
Short-Term Securities | ||||
Money Market Funds | 192,494,889 | — | — | 192,494,889 |
U.S. Treasury Obligations | — | 76,510,652 | — | 76,510,652 |
$192,494,889 | $4,507,026,070 | $— | $4,699,520,959 |
Security | Par (000) | Value | |
Corporate Bonds | |||
Aerospace & Defense — 2.6% | |||
Boeing Co. | |||
3.60%, 05/01/34 | $ | 800 | $ 633,931 |
3.25%, 02/01/35 | 725 | 546,225 | |
3.55%, 03/01/38 | 650 | 466,791 | |
3.50%, 03/01/39 | 350 | 245,869 | |
6.88%, 03/15/39 | 450 | 455,912 | |
5.88%, 02/15/40 | 500 | 459,878 | |
5.71%, 05/01/40 | 2,759 | 2,504,891 | |
3.38%, 06/15/46 | 463 | 287,930 | |
3.65%, 03/01/47 | 250 | 160,853 | |
3.63%, 03/01/48 | 320 | 202,012 | |
3.85%, 11/01/48 | 324 | 213,075 | |
3.90%, 05/01/49(a) | 770 | 511,329 | |
3.75%, 02/01/50 | 1,497 | 965,150 | |
5.81%, 05/01/50 | 5,463 | 4,834,336 | |
6.86%, 05/01/54(b) | 850 | 852,303 | |
3.95%, 08/01/59 | 725 | 453,103 | |
5.93%, 05/01/60 | 3,073 | 2,686,062 | |
7.01%, 05/01/64(b) | 410 | 410,373 | |
GE Capital International Funding Co. Unlimited Co., 4.42%, 11/15/35 | 1,000 | 903,888 | |
General Dynamics Corp. | |||
4.25%, 04/01/40 | 929 | 799,421 | |
2.85%, 06/01/41 | 397 | 277,215 | |
3.60%, 11/15/42 | 450 | 345,600 | |
4.25%, 04/01/50 | 813 | 670,508 | |
General Electric Co. | |||
5.88%, 01/14/38 | 900 | 914,200 | |
6.88%, 01/10/39(a) | 700 | 788,459 | |
4.50%, 03/11/44 | 500 | 428,967 | |
4.35%, 05/01/50 | 450 | 368,298 | |
L3Harris Technologies, Inc. | |||
4.85%, 04/27/35 | 281 | 260,115 | |
6.15%, 12/15/40 | 270 | 275,191 | |
5.05%, 04/27/45 | 458 | 411,366 | |
5.60%, 07/31/53 | 515 | 496,553 | |
Lockheed Martin Corp. | |||
4.80%, 08/15/34 | 450 | 430,234 | |
3.60%, 03/01/35 | 450 | 385,152 | |
4.50%, 05/15/36 | 351 | 320,997 | |
6.15%, 09/01/36 | 475 | 503,964 | |
5.72%, 06/01/40 | 300 | 303,201 | |
4.07%, 12/15/42 | 1,261 | 1,038,646 | |
3.80%, 03/01/45 | 1,268 | 988,624 | |
4.70%, 05/15/46 | 1,170 | 1,036,345 | |
2.80%, 06/15/50 | 575 | 359,058 | |
4.09%, 09/15/52 | 1,463 | 1,153,204 | |
4.15%, 06/15/53 | 660 | 522,588 | |
5.70%, 11/15/54(a) | 750 | 758,081 | |
5.20%, 02/15/55 | 1,010 | 947,116 | |
4.30%, 06/15/62 | 660 | 521,987 | |
5.90%, 11/15/63 | 675 | 699,199 | |
5.20%, 02/15/64 | 780 | 724,157 | |
Northrop Grumman Corp. | |||
4.90%, 06/01/34 | 500 | 476,808 | |
5.15%, 05/01/40 | 500 | 469,497 | |
5.05%, 11/15/40 | 300 | 276,941 | |
4.75%, 06/01/43 | 1,024 | 901,898 | |
3.85%, 04/15/45 | 625 | 479,382 | |
4.03%, 10/15/47 | 2,225 | 1,723,789 |
Security | Par (000) | Value | |
Aerospace & Defense (continued) | |||
Northrop Grumman Corp. (continued) | |||
5.25%, 05/01/50 | $ | 929 | $ 865,578 |
4.95%, 03/15/53 | 970 | 860,844 | |
5.20%, 06/01/54 | 1,150 | 1,056,365 | |
RTX Corp. | |||
5.40%, 05/01/35 | 800 | 783,443 | |
6.13%, 07/15/38 | 550 | 560,788 | |
4.45%, 11/16/38 | 413 | 356,753 | |
5.70%, 04/15/40(a) | 600 | 589,211 | |
4.88%, 10/15/40 | 163 | 145,459 | |
4.70%, 12/15/41 | 426 | 369,811 | |
4.50%, 06/01/42 | 3,324 | 2,824,170 | |
4.80%, 12/15/43 | 350 | 303,460 | |
4.15%, 05/15/45 | 813 | 640,883 | |
3.75%, 11/01/46 | 1,220 | 895,554 | |
4.35%, 04/15/47 | 829 | 670,304 | |
4.05%, 05/04/47 | 838 | 645,208 | |
4.63%, 11/16/48 | 1,736 | 1,461,038 | |
3.13%, 07/01/50 | 1,153 | 740,945 | |
2.82%, 09/01/51 | 1,063 | 634,006 | |
3.03%, 03/15/52 | 1,300 | 808,711 | |
5.38%, 02/27/53 | 1,290 | 1,202,716 | |
6.40%, 03/15/54 | 1,655 | 1,775,028 | |
57,040,947 | |||
Automobile Components — 0.1% | |||
Aptiv PLC | |||
4.40%, 10/01/46(a) | 413 | 310,996 | |
5.40%, 03/15/49(a) | 350 | 304,925 | |
3.10%, 12/01/51 | 1,429 | 842,528 | |
Aptiv PLC/Aptiv Corp., 4.15%, 05/01/52 | 963 | 693,905 | |
BorgWarner, Inc., 4.38%, 03/15/45 | 400 | 313,975 | |
Lear Corp. | |||
5.25%, 05/15/49(a) | 563 | 491,634 | |
3.55%, 01/15/52 | 376 | 245,121 | |
3,203,084 | |||
Automobiles — 0.5% | |||
Cummins, Inc. | |||
4.88%, 10/01/43 | 575 | 521,546 | |
2.60%, 09/01/50(a) | 613 | 361,716 | |
5.45%, 02/20/54 | 835 | 803,793 | |
Ford Motor Co. | |||
4.75%, 01/15/43 | 1,925 | 1,515,655 | |
7.40%, 11/01/46(a) | 250 | 264,197 | |
5.29%, 12/08/46(a) | 1,450 | 1,219,243 | |
General Motors Co. | |||
5.00%, 04/01/35 | 620 | 567,791 | |
6.60%, 04/01/36 | 1,113 | 1,145,244 | |
5.15%, 04/01/38 | 963 | 867,554 | |
6.25%, 10/02/43 | 1,413 | 1,377,437 | |
5.20%, 04/01/45 | 1,229 | 1,052,607 | |
6.75%, 04/01/46(a) | 642 | 660,945 | |
5.40%, 04/01/48(a) | 883 | 773,454 | |
5.95%, 04/01/49 | 888 | 834,971 | |
11,966,153 | |||
Banks — 7.1% | |||
Bank of America Corp. | |||
6.11%, 01/29/37 | 1,500 | 1,525,824 | |
7.75%, 05/14/38 | 1,550 | 1,810,326 | |
5.88%, 02/07/42 | 1,661 | 1,698,466 | |
5.00%, 01/21/44 | 2,236 | 2,056,413 | |
4.88%, 04/01/44 | 429 | 382,658 |
Security | Par (000) | Value | |
Banks (continued) | |||
Bank of America Corp. (continued) | |||
4.75%, 04/21/45 | $ | 300 | $ 262,151 |
(1-day SOFR + 1.56%), 2.97%, 07/21/52(c) | 1,955 | 1,228,988 | |
(1-day SOFR + 1.58%), 3.31%, 04/22/42(c) | 3,289 | 2,420,252 | |
(1-day SOFR + 1.65%), 3.48%, 03/13/52(c) | 1,016 | 706,673 | |
(1-day SOFR + 1.88%), 2.83%, 10/24/51(c) | 975 | 595,439 | |
(1-day SOFR + 1.93%), 2.68%, 06/19/41(c) | 4,639 | 3,137,903 | |
(3-mo. CME Term SOFR + 1.45%), 3.95%, 01/23/49(c) | 496 | 381,734 | |
(3-mo. CME Term SOFR + 1.58%), 4.08%, 04/23/40(c) | 1,829 | 1,505,614 | |
(3-mo. CME Term SOFR + 1.78%), 4.33%, 03/15/50(c) | 2,809 | 2,268,358 | |
(3-mo. CME Term SOFR + 2.08%), 4.24%, 04/24/38(c) | 2,243 | 1,932,283 | |
(3-mo. CME Term SOFR + 2.25%), 4.44%, 01/20/48(c) | 2,053 | 1,693,937 | |
(3-mo. CME Term SOFR + 3.41%), 4.08%, 03/20/51(c) | 5,085 | 3,936,168 | |
Bank of America N.A., 6.00%, 10/15/36 | 900 | 916,590 | |
Barclays PLC | |||
5.25%, 08/17/45(a) | 1,250 | 1,146,494 | |
4.95%, 01/10/47(a) | 1,278 | 1,113,524 | |
(1-day SOFR + 2.42%), 6.04%, 03/12/55(c) | 700 | 696,165 | |
(1-year CMT + 1.30%), 3.33%, 11/24/42(c) | 928 | 649,332 | |
(1-year CMT + 1.70%), 3.81%, 03/10/42(a)(c) | 950 | 705,973 | |
Citigroup, Inc. | |||
8.13%, 07/15/39 | 1,825 | 2,227,510 | |
5.88%, 01/30/42 | 1,623 | 1,638,893 | |
6.68%, 09/13/43 | 163 | 174,180 | |
5.30%, 05/06/44(a) | 413 | 381,770 | |
4.65%, 07/30/45 | 2,070 | 1,772,676 | |
4.75%, 05/18/46 | 2,118 | 1,778,799 | |
4.65%, 07/23/48 | 2,218 | 1,894,039 | |
(1-day SOFR + 1.38%), 2.90%, 11/03/42(c) | 1,108 | 757,849 | |
(1-day SOFR + 4.55%), 5.32%, 03/26/41(c) | 1,290 | 1,219,832 | |
(3-mo. CME Term SOFR + 1.43%), 3.88%, 01/24/39(c) | 975 | 796,037 | |
(3-mo. CME Term SOFR + 2.10%), 4.28%, 04/24/48(c) | 954 | 772,096 | |
Cooperatieve Rabobank UA | |||
5.25%, 05/24/41 | 1,299 | 1,249,671 | |
5.75%, 12/01/43 | 1,050 | 1,021,488 | |
5.25%, 08/04/45(a) | 997 | 927,424 | |
Fifth Third Bancorp, 8.25%, 03/01/38 | 925 | 1,059,523 | |
Goldman Sachs Group, Inc. | |||
6.45%, 05/01/36 | 500 | 519,015 | |
6.75%, 10/01/37 | 4,874 | 5,144,274 | |
6.25%, 02/01/41 | 2,254 | 2,353,919 | |
4.80%, 07/08/44 | 986 | 869,799 | |
5.15%, 05/22/45 | 2,243 | 2,054,254 | |
4.75%, 10/21/45 | 1,500 | 1,309,915 | |
(1-day SOFR + 1.47%), 2.91%, 07/21/42(c) | 1,834 | 1,250,203 | |
(1-day SOFR + 1.51%), 3.21%, 04/22/42(c) | 2,654 | 1,899,946 | |
(1-day SOFR + 1.63%), 3.44%, 02/24/43(a)(c) | 1,629 | 1,198,264 | |
(3-mo. CME Term SOFR + 1.63%), 4.02%, 10/31/38(c) | 1,934 | 1,593,932 | |
(3-mo. CME Term SOFR + 1.69%), 4.41%, 04/23/39(c) | 1,754 | 1,512,265 | |
HSBC Bank USA NA, 7.00%, 01/15/39 | 261 | 287,680 | |
HSBC Holdings PLC | |||
6.50%, 05/02/36 | 1,528 | 1,539,029 | |
6.50%, 09/15/37(a) | 2,165 | 2,185,821 |
Security | Par (000) | Value | |
Banks (continued) | |||
HSBC Holdings PLC (continued) | |||
6.80%, 06/01/38(a) | $ | 1,350 | $ 1,404,626 |
6.80%, 06/01/38 | 500 | 529,528 | |
6.10%, 01/14/42(a) | 1,529 | 1,585,195 | |
5.25%, 03/14/44(a) | 1,418 | 1,272,806 | |
(1-day SOFR + 2.65%), 6.33%, 03/09/44(c) | 2,415 | 2,469,443 | |
JPMorgan Chase & Co. | |||
6.40%, 05/15/38 | 2,561 | 2,765,826 | |
5.50%, 10/15/40 | 1,259 | 1,240,505 | |
5.60%, 07/15/41 | 1,804 | 1,795,299 | |
5.40%, 01/06/42 | 1,329 | 1,293,907 | |
5.63%, 08/16/43 | 1,413 | 1,412,681 | |
4.85%, 02/01/44 | 1,026 | 926,993 | |
4.95%, 06/01/45 | 1,536 | 1,396,146 | |
(1-day SOFR + 1.46%), 3.16%, 04/22/42(c) | 1,358 | 980,992 | |
(1-day SOFR + 1.58%), 3.33%, 04/22/52(c) | 2,791 | 1,899,419 | |
(1-day SOFR + 2.44%), 3.11%, 04/22/51(c) | 2,109 | 1,380,470 | |
(3-mo. CME Term SOFR + 1.48%), 3.90%, 01/23/49(c) | 1,950 | 1,492,691 | |
(3-mo. CME Term SOFR + 1.51%), 2.53%, 11/19/41(c) | 1,493 | 989,743 | |
(3-mo. CME Term SOFR + 1.62%), 3.88%, 07/24/38(c) | 1,600 | 1,332,245 | |
(3-mo. CME Term SOFR + 1.64%), 3.96%, 11/15/48(c) | 3,373 | 2,593,461 | |
(3-mo. CME Term SOFR + 1.72%), 4.03%, 07/24/48(c) | 1,513 | 1,183,120 | |
(3-mo. CME Term SOFR + 1.84%), 4.26%, 02/22/48(c) | 2,204 | 1,787,901 | |
(3-mo. CME Term SOFR + 2.46%), 3.11%, 04/22/41(c) | 1,661 | 1,207,668 | |
Lloyds Banking Group PLC | |||
5.30%, 12/01/45(a) | 971 | 861,214 | |
4.34%, 01/09/48(a) | 1,201 | 905,949 | |
(5-year CMT + 1.50%), 3.37%, 12/14/46(c) | 1,150 | 778,814 | |
Mitsubishi UFJ Financial Group, Inc. | |||
4.29%, 07/26/38(a) | 338 | 296,618 | |
4.15%, 03/07/39(a) | 450 | 389,036 | |
3.75%, 07/18/39 | 1,832 | 1,492,206 | |
Morgan Stanley | |||
3.97%, 07/22/38(c) | 2,229 | 1,831,537 | |
6.38%, 07/24/42 | 1,719 | 1,853,937 | |
4.30%, 01/27/45 | 2,604 | 2,163,524 | |
4.38%, 01/22/47 | 1,650 | 1,368,896 | |
(1-day SOFR + 1.43%), 2.80%, 01/25/52(c) | 1,764 | 1,073,950 | |
(1-day SOFR + 1.49%), 3.22%, 04/22/42(c) | 1,800 | 1,306,235 | |
(1-day SOFR + 4.84%), 5.60%, 03/24/51(c) | 1,404 | 1,389,114 | |
(3-mo. CME Term SOFR + 1.69%), 4.46%, 04/22/39(c) | 2,589 | 2,260,629 | |
Regions Bank, 6.45%, 06/26/37 | 450 | 444,597 | |
Sumitomo Mitsui Financial Group, Inc. | |||
2.30%, 01/12/41 | 500 | 325,090 | |
2.93%, 09/17/41(a) | 780 | 556,192 | |
3.05%, 01/14/42 | 450 | 326,007 | |
6.18%, 07/13/43(a) | 950 | 1,001,318 | |
UBS AG/London, 4.50%, 06/26/48 | 800 | 676,001 | |
UBS Group AG, 4.88%, 05/15/45 | 1,807 | 1,586,600 | |
Wachovia Corp., 5.50%, 08/01/35 | 1,200 | 1,161,449 | |
Wells Fargo & Co. | |||
5.38%, 11/02/43 | 1,895 | 1,740,892 | |
5.61%, 01/15/44 | 2,192 | 2,070,658 | |
4.65%, 11/04/44 | 2,100 | 1,747,239 | |
3.90%, 05/01/45 | 2,328 | 1,803,818 |
Security | Par (000) | Value | |
Banks (continued) | |||
Wells Fargo & Co. (continued) | |||
4.90%, 11/17/45 | $ | 1,993 | $ 1,703,893 |
4.40%, 06/14/46 | 1,706 | 1,350,108 | |
4.75%, 12/07/46 | 1,575 | 1,315,240 | |
(1-day SOFR + 2.13%), 4.61%, 04/25/53(c) | 2,956 | 2,463,377 | |
(1-day SOFR + 2.53%), 3.07%, 04/30/41(c) | 3,634 | 2,588,370 | |
(3-mo. CME Term SOFR + 4.50%), 5.01%, 04/04/51(c) | 5,407 | 4,802,384 | |
Wells Fargo Bank NA | |||
5.85%, 02/01/37 | 1,550 | 1,547,183 | |
6.60%, 01/15/38 | 1,200 | 1,260,767 | |
Westpac Banking Corp. | |||
4.42%, 07/24/39 | 854 | 729,355 | |
2.96%, 11/16/40(a) | 1,000 | 678,385 | |
3.13%, 11/18/41 | 926 | 630,855 | |
157,583,470 | |||
Beverages — 2.5% | |||
Anheuser-Busch Cos. LLC/Anheuser-Busch InBev Worldwide, Inc. | |||
4.70%, 02/01/36 | 5,903 | 5,494,851 | |
4.90%, 02/01/46 | 9,713 | 8,740,630 | |
Anheuser-Busch InBev Finance, Inc. | |||
4.70%, 02/01/36 | 600 | 558,514 | |
4.63%, 02/01/44 | 713 | 619,231 | |
4.90%, 02/01/46 | 1,538 | 1,367,199 | |
Anheuser-Busch InBev Worldwide, Inc. | |||
5.00%, 06/15/34 | 100 | 96,636 | |
4.38%, 04/15/38 | 1,479 | 1,310,551 | |
8.20%, 01/15/39 | 1,253 | 1,559,875 | |
5.45%, 01/23/39 | 2,029 | 1,994,681 | |
4.35%, 06/01/40 | 1,079 | 931,207 | |
4.95%, 01/15/42 | 1,888 | 1,736,833 | |
4.60%, 04/15/48 | 821 | 709,007 | |
4.44%, 10/06/48 | 2,048 | 1,715,378 | |
5.55%, 01/23/49 | 3,889 | 3,829,071 | |
4.75%, 04/15/58 | 1,375 | 1,186,625 | |
5.80%, 01/23/59 | 1,929 | 1,959,081 | |
Brown-Forman Corp. | |||
4.00%, 04/15/38 | 413 | 352,593 | |
4.50%, 07/15/45 | 300 | 256,775 | |
Coca-Cola Co. | |||
2.50%, 06/01/40 | 779 | 535,015 | |
2.88%, 05/05/41 | 613 | 439,369 | |
4.20%, 03/25/50 | 450 | 373,874 | |
2.60%, 06/01/50(a) | 1,354 | 825,403 | |
3.00%, 03/05/51 | 1,870 | 1,239,410 | |
2.50%, 03/15/51 | 1,513 | 893,887 | |
2.75%, 06/01/60(a) | 1,000 | 599,432 | |
Coca-Cola Femsa SAB de CV, 5.25%, 11/26/43(a) | 500 | 478,594 | |
Constellation Brands, Inc. | |||
4.50%, 05/09/47 | 300 | 243,656 | |
4.10%, 02/15/48 | 613 | 471,587 | |
5.25%, 11/15/48 | 400 | 361,570 | |
3.75%, 05/01/50 | 663 | 475,140 | |
Diageo Capital PLC | |||
5.88%, 09/30/36(a) | 500 | 518,286 | |
3.88%, 04/29/43 | 931 | 750,672 | |
Diageo Investment Corp. | |||
7.45%, 04/15/35 | 250 | 287,090 | |
4.25%, 05/11/42(a) | 163 | 138,909 | |
Fomento Economico Mexicano SAB de CV, 3.50%, 01/16/50 | 1,400 | 960,120 |
Security | Par (000) | Value | |
Beverages (continued) | |||
Keurig Dr. Pepper, Inc. | |||
4.50%, 11/15/45 | $ | 600 | $ 497,191 |
4.42%, 12/15/46 | 413 | 336,489 | |
5.09%, 05/25/48 | 250 | 221,901 | |
3.80%, 05/01/50 | 688 | 500,850 | |
3.35%, 03/15/51 | 563 | 373,145 | |
4.50%, 04/15/52 | 1,163 | 946,864 | |
Molson Coors Beverage Co. | |||
5.00%, 05/01/42 | 1,200 | 1,075,231 | |
4.20%, 07/15/46 | 1,718 | 1,346,978 | |
PepsiCo, Inc. | |||
5.50%, 01/15/40 | 450 | 452,704 | |
3.50%, 03/19/40 | 250 | 197,475 | |
4.88%, 11/01/40 | 250 | 236,978 | |
2.63%, 10/21/41 | 563 | 386,899 | |
4.00%, 03/05/42 | 500 | 425,046 | |
3.60%, 08/13/42 | 800 | 621,027 | |
4.45%, 04/14/46 | 800 | 688,886 | |
3.45%, 10/06/46 | 616 | 451,559 | |
4.00%, 05/02/47 | 450 | 360,990 | |
3.38%, 07/29/49 | 400 | 284,745 | |
2.88%, 10/15/49 | 913 | 589,581 | |
3.63%, 03/19/50 | 479 | 355,675 | |
2.75%, 10/21/51 | 943 | 584,264 | |
4.20%, 07/18/52(a) | 675 | 553,290 | |
4.65%, 02/15/53(a) | 500 | 441,427 | |
3.88%, 03/19/60 | 450 | 339,969 | |
56,279,916 | |||
Biotechnology — 1.8% | |||
Amgen, Inc. | |||
6.38%, 06/01/37 | 400 | 417,349 | |
6.40%, 02/01/39 | 300 | 312,685 | |
3.15%, 02/21/40 | 1,704 | 1,243,359 | |
5.75%, 03/15/40 | 350 | 347,666 | |
2.80%, 08/15/41(a) | 911 | 623,869 | |
4.95%, 10/01/41 | 650 | 589,349 | |
5.15%, 11/15/41 | 663 | 608,579 | |
5.60%, 03/02/43 | 2,775 | 2,675,947 | |
4.40%, 05/01/45 | 2,070 | 1,698,779 | |
4.56%, 06/15/48 | 1,438 | 1,189,088 | |
3.38%, 02/21/50(a) | 2,029 | 1,387,472 | |
4.66%, 06/15/51 | 3,428 | 2,856,569 | |
3.00%, 01/15/52(a) | 985 | 623,985 | |
4.20%, 02/22/52 | 810 | 624,120 | |
4.88%, 03/01/53 | 900 | 771,141 | |
5.65%, 03/02/53(a) | 4,025 | 3,862,717 | |
2.77%, 09/01/53(a) | 829 | 481,953 | |
4.40%, 02/22/62(a) | 1,075 | 825,687 | |
5.75%, 03/02/63 | 2,670 | 2,550,310 | |
Baxalta, Inc., 5.25%, 06/23/45 | 602 | 556,460 | |
Biogen, Inc. | |||
5.20%, 09/15/45 | 950 | 851,724 | |
3.15%, 05/01/50 | 1,137 | 714,299 | |
3.25%, 02/15/51(a) | 586 | 378,744 | |
Gilead Sciences, Inc. | |||
4.60%, 09/01/35(a) | 1,119 | 1,031,374 | |
4.00%, 09/01/36 | 750 | 643,961 | |
2.60%, 10/01/40 | 1,030 | 689,298 | |
5.65%, 12/01/41 | 869 | 852,028 | |
4.80%, 04/01/44 | 1,936 | 1,701,194 | |
4.50%, 02/01/45 | 1,753 | 1,471,537 | |
4.75%, 03/01/46 | 2,118 | 1,835,650 |
Security | Par (000) | Value | |
Biotechnology (continued) | |||
Gilead Sciences, Inc. (continued) | |||
4.15%, 03/01/47 | $ | 1,153 | $ 909,372 |
2.80%, 10/01/50 | 1,294 | 787,800 | |
5.55%, 10/15/53(a) | 1,100 | 1,067,586 | |
Regeneron Pharmaceuticals, Inc., 2.80%, 09/15/50 | 691 | 404,807 | |
Royalty Pharma PLC | |||
3.30%, 09/02/40 | 779 | 548,981 | |
3.55%, 09/02/50(a) | 950 | 613,505 | |
3.35%, 09/02/51 | 663 | 405,877 | |
39,154,821 | |||
Broadline Retail — 1.2% | |||
Alibaba Group Holding Ltd. | |||
4.50%, 11/28/34 | 500 | 454,905 | |
4.00%, 12/06/37(a) | 878 | 730,443 | |
2.70%, 02/09/41(a) | 950 | 627,846 | |
4.20%, 12/06/47(a) | 1,751 | 1,362,155 | |
3.15%, 02/09/51 | 1,366 | 854,856 | |
4.40%, 12/06/57 | 978 | 754,419 | |
3.25%, 02/09/61(a) | 950 | 565,412 | |
Amazon.com, Inc. | |||
4.80%, 12/05/34(a) | 1,496 | 1,460,702 | |
3.88%, 08/22/37 | 2,129 | 1,831,155 | |
2.88%, 05/12/41 | 1,835 | 1,321,581 | |
4.95%, 12/05/44(a) | 1,513 | 1,432,907 | |
4.05%, 08/22/47 | 3,498 | 2,857,381 | |
2.50%, 06/03/50 | 2,279 | 1,349,729 | |
3.10%, 05/12/51 | 3,359 | 2,249,262 | |
3.95%, 04/13/52 | 2,126 | 1,673,539 | |
4.25%, 08/22/57 | 1,934 | 1,572,526 | |
2.70%, 06/03/60 | 2,029 | 1,162,075 | |
3.25%, 05/12/61 | 1,779 | 1,157,863 | |
4.10%, 04/13/62(a) | 1,129 | 882,417 | |
eBay, Inc. | |||
4.00%, 07/15/42 | 600 | 468,037 | |
3.65%, 05/10/51 | 813 | 571,151 | |
TJX Cos., Inc., 4.50%, 04/15/50 | 413 | 356,346 | |
25,696,707 | |||
Building Materials — 0.5% | |||
Carrier Global Corp. | |||
3.38%, 04/05/40 | 1,379 | 1,034,062 | |
3.58%, 04/05/50 | 1,893 | 1,336,416 | |
6.20%, 03/15/54 | 950 | 990,385 | |
Fortune Brands Innovations, Inc., 4.50%, 03/25/52(a) | 413 | 320,188 | |
Johnson Controls International PLC | |||
6.00%, 01/15/36(a) | 300 | 307,021 | |
4.63%, 07/02/44 | 620 | 519,808 | |
5.13%, 09/14/45 | 238 | 212,086 | |
4.50%, 02/15/47 | 453 | 367,012 | |
4.95%, 07/02/64(a)(d) | 365 | 304,938 | |
Lafarge SA, 7.13%, 07/15/36 | 400 | 427,455 | |
Martin Marietta Materials, Inc. | |||
4.25%, 12/15/47 | 613 | 487,740 | |
3.20%, 07/15/51 | 925 | 610,031 | |
Masco Corp. | |||
4.50%, 05/15/47(a) | 350 | 283,612 | |
3.13%, 02/15/51 | 222 | 140,129 | |
Owens Corning | |||
7.00%, 12/01/36 | 300 | 326,510 | |
4.30%, 07/15/47 | 650 | 508,147 | |
4.40%, 01/30/48 | 329 | 259,014 |
Security | Par (000) | Value | |
Building Materials (continued) | |||
Trane Technologies Financing Ltd. | |||
4.65%, 11/01/44(a) | $ | 600 | $ 519,522 |
4.50%, 03/21/49 | 413 | 343,337 | |
Trane Technologies Global Holding Co. Ltd., 4.30%, 02/21/48 | 638 | 515,019 | |
Vulcan Materials Co. | |||
4.50%, 06/15/47 | 713 | 584,101 | |
4.70%, 03/01/48 | 400 | 338,256 | |
10,734,789 | |||
Building Products — 1.3% | |||
Home Depot, Inc. | |||
5.88%, 12/16/36 | 2,100 | 2,176,660 | |
3.30%, 04/15/40 | 1,311 | 995,061 | |
5.40%, 09/15/40 | 413 | 403,211 | |
5.95%, 04/01/41 | 913 | 945,623 | |
4.20%, 04/01/43 | 920 | 766,164 | |
4.88%, 02/15/44 | 900 | 814,844 | |
4.40%, 03/15/45 | 1,036 | 875,372 | |
4.25%, 04/01/46 | 1,479 | 1,216,140 | |
3.90%, 06/15/47 | 1,069 | 825,553 | |
4.50%, 12/06/48 | 1,379 | 1,167,487 | |
3.13%, 12/15/49 | 1,146 | 758,269 | |
3.35%, 04/15/50 | 1,498 | 1,034,968 | |
2.38%, 03/15/51 | 1,195 | 666,330 | |
2.75%, 09/15/51 | 1,038 | 628,303 | |
3.63%, 04/15/52 | 1,608 | 1,161,850 | |
4.95%, 09/15/52(a) | 1,055 | 954,143 | |
3.50%, 09/15/56 | 900 | 623,113 | |
Lowe’s Cos., Inc. | |||
5.50%, 10/15/35 | 900 | 895,897 | |
5.00%, 04/15/40 | 329 | 298,285 | |
2.80%, 09/15/41 | 1,213 | 818,431 | |
4.38%, 09/15/45 | 829 | 669,637 | |
3.70%, 04/15/46 | 1,250 | 903,780 | |
4.05%, 05/03/47 | 1,579 | 1,199,609 | |
5.13%, 04/15/50 | 750 | 664,106 | |
3.00%, 10/15/50(a) | 1,719 | 1,055,974 | |
3.50%, 04/01/51 | 829 | 559,169 | |
4.25%, 04/01/52(a) | 1,658 | 1,281,686 | |
5.63%, 04/15/53 | 1,245 | 1,187,591 | |
5.75%, 07/01/53 | 305 | 296,371 | |
4.45%, 04/01/62 | 1,150 | 878,654 | |
5.80%, 09/15/62 | 700 | 671,102 | |
5.85%, 04/01/63 | 475 | 459,783 | |
27,853,166 | |||
Capital Markets — 0.1% | |||
Brookfield Finance LLC/Brookfield Finance, Inc., 3.45%, 04/15/50 | 450 | 298,234 | |
Brookfield Finance, Inc. | |||
4.70%, 09/20/47 | 823 | 680,072 | |
3.50%, 03/30/51 | 881 | 596,505 | |
3.63%, 02/15/52 | 279 | 189,630 | |
5.97%, 03/04/54(a) | 665 | 650,844 | |
2,415,285 | |||
Chemicals — 1.5% | |||
Air Products and Chemicals, Inc. | |||
2.70%, 05/15/40 | 783 | 542,818 | |
2.80%, 05/15/50(a) | 1,434 | 896,959 | |
Albemarle Corp.(a) | |||
5.45%, 12/01/44 | 275 | 241,643 |
Security | Par (000) | Value | |
Chemicals (continued) | |||
Albemarle Corp.(a) (continued) | |||
5.65%, 06/01/52 | $ | 450 | $ 392,202 |
CF Industries, Inc. | |||
4.95%, 06/01/43 | 663 | 567,798 | |
5.38%, 03/15/44 | 338 | 302,595 | |
Dow Chemical Co. | |||
4.25%, 10/01/34 | 378 | 338,930 | |
9.40%, 05/15/39 | 479 | 622,453 | |
5.25%, 11/15/41 | 826 | 749,035 | |
4.38%, 11/15/42 | 838 | 680,158 | |
4.63%, 10/01/44 | 400 | 333,905 | |
5.55%, 11/30/48 | 829 | 772,389 | |
4.80%, 05/15/49 | 929 | 775,350 | |
3.60%, 11/15/50 | 963 | 662,424 | |
6.90%, 05/15/53 | 850 | 932,343 | |
5.60%, 02/15/54(a) | 600 | 567,666 | |
DuPont de Nemours, Inc. | |||
5.32%, 11/15/38 | 1,630 | 1,545,051 | |
5.42%, 11/15/48 | 2,218 | 2,069,290 | |
Eastman Chemical Co. | |||
4.80%, 09/01/42 | 463 | 390,762 | |
4.65%, 10/15/44 | 979 | 795,527 | |
Ecolab, Inc. | |||
3.95%, 12/01/47 | 500 | 396,945 | |
2.13%, 08/15/50 | 660 | 355,824 | |
2.70%, 12/15/51 | 841 | 506,006 | |
2.75%, 08/18/55 | 700 | 412,706 | |
FMC Corp. | |||
4.50%, 10/01/49 | 607 | 444,342 | |
6.38%, 05/18/53 | 370 | 352,670 | |
International Flavors & Fragrances, Inc. | |||
4.38%, 06/01/47 | 413 | 303,747 | |
5.00%, 09/26/48 | 763 | 629,305 | |
Linde, Inc. | |||
3.55%, 11/07/42 | 450 | 345,971 | |
2.00%, 08/10/50 | 233 | 121,560 | |
LYB International Finance BV | |||
5.25%, 07/15/43 | 800 | 712,255 | |
4.88%, 03/15/44 | 838 | 711,395 | |
LYB International Finance III LLC | |||
3.38%, 10/01/40 | 741 | 531,525 | |
4.20%, 10/15/49 | 966 | 720,667 | |
4.20%, 05/01/50 | 963 | 716,059 | |
3.63%, 04/01/51 | 1,053 | 708,063 | |
3.80%, 10/01/60(a) | 405 | 267,073 | |
LyondellBasell Industries NV, 4.63%, 02/26/55(a) | 795 | 622,520 | |
Mosaic Co. | |||
4.88%, 11/15/41 | 300 | 257,865 | |
5.63%, 11/15/43 | 520 | 478,699 | |
Nutrien Ltd. | |||
4.13%, 03/15/35 | 350 | 305,996 | |
5.88%, 12/01/36 | 410 | 409,337 | |
5.63%, 12/01/40 | 600 | 567,956 | |
6.13%, 01/15/41 | 350 | 349,015 | |
4.90%, 06/01/43 | 513 | 444,968 | |
5.25%, 01/15/45 | 520 | 466,980 | |
5.00%, 04/01/49 | 620 | 533,149 | |
3.95%, 05/13/50 | 513 | 376,406 | |
5.80%, 03/27/53 | 760 | 734,904 |
Security | Par (000) | Value | |
Chemicals (continued) | |||
RPM International, Inc. | |||
5.25%, 06/01/45 | $ | 163 | $ 146,676 |
4.25%, 01/15/48(a) | 300 | 233,599 | |
Sherwin-Williams Co. | |||
4.55%, 08/01/45 | 500 | 412,965 | |
4.50%, 06/01/47 | 1,154 | 950,986 | |
3.80%, 08/15/49 | 727 | 535,628 | |
3.30%, 05/15/50 | 600 | 398,258 | |
2.90%, 03/15/52 | 500 | 304,586 | |
Westlake Corp. | |||
2.88%, 08/15/41 | 295 | 193,499 | |
5.00%, 08/15/46 | 620 | 528,080 | |
4.38%, 11/15/47(a) | 465 | 363,721 | |
3.13%, 08/15/51(a) | 520 | 315,394 | |
3.38%, 08/15/61 | 470 | 277,493 | |
32,624,091 | |||
Commercial Services & Supplies — 0.2% | |||
Ford Foundation, 2.82%, 06/01/70 | 1,520 | 852,443 | |
GATX Corp. | |||
6.90%, 05/01/34 | 275 | 291,408 | |
5.20%, 03/15/44 | 250 | 220,161 | |
3.10%, 06/01/51 | 500 | 305,286 | |
President and Fellows of Harvard College | |||
4.61%, 02/15/35(a) | 500 | 479,259 | |
3.15%, 07/15/46 | 2,113 | 1,516,596 | |
2.52%, 10/15/50(a) | 133 | 80,926 | |
3.30%, 07/15/56 | 579 | 401,748 | |
Quanta Services, Inc., 3.05%, 10/01/41(a) | 451 | 305,473 | |
Rockefeller Foundation, 2.49%, 10/01/50(a) | 329 | 197,600 | |
4,650,900 | |||
Communications Equipment — 0.4% | |||
Cisco Systems, Inc. | |||
5.90%, 02/15/39 | 1,859 | 1,933,140 | |
5.50%, 01/15/40 | 2,127 | 2,118,364 | |
5.30%, 02/26/54 | 1,705 | 1,640,597 | |
5.35%, 02/26/64 | 860 | 818,490 | |
Juniper Networks, Inc., 5.95%, 03/15/41(a) | 413 | 402,103 | |
Motorola Solutions, Inc., 5.50%, 09/01/44 | 300 | 283,680 | |
Nokia OYJ, 6.63%, 05/15/39 | 500 | 474,271 | |
7,670,645 | |||
Consumer Finance — 0.3% | |||
Global Payments, Inc. | |||
4.15%, 08/15/49 | 843 | 621,632 | |
5.95%, 08/15/52 | 655 | 626,000 | |
Moody’ s Corp. | |||
2.75%, 08/19/41 | 547 | 367,331 | |
5.25%, 07/15/44 | 600 | 559,765 | |
4.88%, 12/17/48 | 350 | 309,368 | |
3.25%, 05/20/50 | 64 | 42,752 | |
3.75%, 02/25/52 | 766 | 559,426 | |
3.10%, 11/29/61(a) | 384 | 229,525 | |
PayPal Holdings, Inc. | |||
3.25%, 06/01/50(a) | 900 | 601,181 | |
5.05%, 06/01/52(a) | 930 | 843,582 | |
5.25%, 06/01/62 | 530 | 477,171 | |
S&P Global, Inc. | |||
3.25%, 12/01/49 | 545 | 373,039 | |
3.70%, 03/01/52 | 849 | 623,915 |
Security | Par (000) | Value | |
Consumer Finance (continued) | |||
S&P Global, Inc. (continued) | |||
2.30%, 08/15/60 | $ | 663 | $ 333,580 |
3.90%, 03/01/62 | 450 | 326,887 | |
6,895,154 | |||
Consumer Staples Distribution & Retail — 0.7% | |||
Dollar General Corp. | |||
4.13%, 04/03/50 | 354 | 260,957 | |
5.50%, 11/01/52 | 250 | 225,508 | |
Dollar Tree, Inc., 3.38%, 12/01/51 | 329 | 206,526 | |
Target Corp. | |||
6.50%, 10/15/37 | 400 | 434,614 | |
7.00%, 01/15/38 | 655 | 746,839 | |
4.00%, 07/01/42 | 900 | 741,416 | |
3.63%, 04/15/46 | 1,052 | 781,747 | |
3.90%, 11/15/47 | 413 | 319,628 | |
2.95%, 01/15/52(a) | 875 | 554,685 | |
4.80%, 01/15/53(a) | 925 | 825,907 | |
Walmart, Inc. | |||
5.25%, 09/01/35 | 1,200 | 1,212,585 | |
6.50%, 08/15/37 | 1,000 | 1,113,172 | |
6.20%, 04/15/38 | 600 | 651,712 | |
3.95%, 06/28/38 | 500 | 436,755 | |
5.63%, 04/01/40 | 1,659 | 1,708,474 | |
5.00%, 10/25/40 | 350 | 336,433 | |
5.63%, 04/15/41 | 550 | 565,891 | |
2.50%, 09/22/41 | 854 | 578,341 | |
4.30%, 04/22/44 | 300 | 262,274 | |
4.05%, 06/29/48 | 1,493 | 1,218,792 | |
2.95%, 09/24/49 | 675 | 447,098 | |
2.65%, 09/22/51 | 1,492 | 917,327 | |
4.50%, 09/09/52 | 800 | 696,028 | |
4.50%, 04/15/53 | 1,250 | 1,087,775 | |
16,330,484 | |||
Containers & Packaging(a) — 0.1% | |||
Packaging Corp. of America | |||
4.05%, 12/15/49 | 538 | 407,993 | |
3.05%, 10/01/51 | 645 | 408,344 | |
Sonoco Products Co., 5.75%, 11/01/40 | 450 | 435,177 | |
1,251,514 | |||
Distributors — 0.1% | |||
WW Grainger, Inc. | |||
4.60%, 06/15/45 | 1,086 | 947,465 | |
3.75%, 05/15/46 | 350 | 267,453 | |
4.20%, 05/15/47(a) | 600 | 491,105 | |
1,706,023 | |||
Diversified Consumer Services — 0.7% | |||
American University, 3.67%, 04/01/49(a) | 111 | 84,704 | |
Brown University, 2.92%, 09/01/50(a) | 610 | 404,011 | |
California Institute of Technology | |||
4.70%, 11/01/2111 | 250 | 203,938 | |
3.65%, 09/01/2119 | 1,829 | 1,176,831 | |
Case Western Reserve University, 5.41%, 06/01/2122 | 279 | 255,634 | |
Duke University | |||
2.68%, 10/01/44 | 225 | 156,605 | |
2.83%, 10/01/55 | 1,330 | 835,503 | |
Emory University, 2.97%, 09/01/50 | 288 | 188,244 | |
George Washington University | |||
4.30%, 09/15/44 | 163 | 137,688 | |
4.87%, 09/15/45 | 26 | 23,920 |
Security | Par (000) | Value | |
Diversified Consumer Services (continued) | |||
George Washington University (continued) | |||
4.13%, 09/15/48 | $ | 606 | $ 497,048 |
Georgetown University, 2.94%, 04/01/50 | 27 | 17,424 | |
Howard University, 5.21%, 10/01/52 | 64 | 54,782 | |
Leland Stanford Junior University | |||
3.65%, 05/01/48 | 620 | 491,903 | |
2.41%, 06/01/50(a) | 225 | 136,367 | |
Massachusetts Institute of Technology | |||
3.96%, 07/01/38 | 1,967 | 1,731,177 | |
2.99%, 07/01/50 | 216 | 147,031 | |
2.29%, 07/01/51(a) | 101 | 58,059 | |
3.07%, 04/01/52 | 230 | 157,417 | |
5.60%, 07/01/2111(a) | 413 | 418,230 | |
4.68%, 07/01/2114 | 225 | 189,357 | |
3.89%, 07/01/2116 | 1,000 | 706,962 | |
Northwestern University, 3.66%, 12/01/57 | 1,000 | 732,017 | |
Thomas Jefferson University, 3.85%, 11/01/57(a) | 66 | 46,835 | |
Trustees of Boston College, 3.13%, 07/01/52(a) | 413 | 280,703 | |
Trustees of Princeton University | |||
5.70%, 03/01/39(a) | 413 | 433,123 | |
2.52%, 07/01/50(a) | 346 | 214,916 | |
4.20%, 03/01/52 | 1,000 | 846,712 | |
Trustees of the University of Pennsylvania | |||
2.40%, 10/01/50 | 674 | 397,330 | |
3.61%, 02/15/2119(a) | 103 | 66,826 | |
University of Chicago | |||
2.55%, 04/01/50(a) | 64 | 41,198 | |
3.00%, 10/01/52 | 2,000 | 1,349,653 | |
University of Miami, 4.06%, 04/01/52 | 500 | 393,595 | |
University of Notre Dame du Lac, Series 2017, 3.39%, 02/15/48 | 28 | 20,627 | |
University of Southern California | |||
3.03%, 10/01/39 | 130 | 100,512 | |
3.84%, 10/01/47 | 1,000 | 794,613 | |
2.81%, 10/01/50 | 63 | 40,248 | |
2.95%, 10/01/51 | 883 | 577,344 | |
4.98%, 10/01/53(a) | 315 | 297,893 | |
3.23%, 10/01/2120 | 61 | 35,660 | |
Washington University | |||
3.52%, 04/15/54(a) | 1,350 | 988,725 | |
4.35%, 04/15/2122 | 29 | 22,178 | |
William Marsh Rice University, 3.77%, 05/15/55(a) | 215 | 168,160 | |
Yale University, 2.40%, 04/15/50 | 113 | 68,033 | |
15,989,736 | |||
Diversified REITs — 0.7% | |||
American Homes 4 Rent LP | |||
3.38%, 07/15/51 | 450 | 282,859 | |
4.30%, 04/15/52 | 150 | 111,972 | |
American Tower Corp. | |||
3.70%, 10/15/49 | 575 | 398,625 | |
3.10%, 06/15/50(a) | 1,028 | 640,031 | |
2.95%, 01/15/51(a) | 1,170 | 706,282 | |
AvalonBay Communities, Inc. | |||
3.90%, 10/15/46 | 663 | 503,619 | |
4.15%, 07/01/47 | 300 | 234,534 | |
Camden Property Trust, 3.35%, 11/01/49(a) | 300 | 203,597 | |
Crown Castle, Inc. | |||
2.90%, 04/01/41(a) | 1,259 | 842,898 | |
4.75%, 05/15/47(a) | 350 | 287,234 | |
5.20%, 02/15/49(a) | 400 | 352,843 | |
4.00%, 11/15/49 | 200 | 147,354 |
Security | Par (000) | Value | |
Diversified REITs (continued) | |||
Crown Castle, Inc. (continued) | |||
4.15%, 07/01/50 | $ | 500 | $ 375,448 |
3.25%, 01/15/51(a) | 925 | 593,419 | |
Equinix, Inc. | |||
3.00%, 07/15/50 | 514 | 313,959 | |
2.95%, 09/15/51 | 200 | 119,428 | |
3.40%, 02/15/52 | 660 | 434,482 | |
ERP Operating LP | |||
4.50%, 07/01/44 | 697 | 570,017 | |
4.50%, 06/01/45 | 413 | 335,677 | |
Essex Portfolio LP | |||
4.50%, 03/15/48(a) | 300 | 240,500 | |
2.65%, 09/01/50 | 329 | 180,865 | |
Federal Realty OP LP, 4.50%, 12/01/44 | 400 | 317,198 | |
Kimco Realty OP LLC | |||
4.25%, 04/01/45 | 500 | 381,110 | |
4.13%, 12/01/46 | 250 | 183,106 | |
4.45%, 09/01/47 | 288 | 220,856 | |
3.70%, 10/01/49(a) | 413 | 281,579 | |
Mid-America Apartments LP, 2.88%, 09/15/51 | 259 | 154,948 | |
Prologis LP | |||
4.38%, 09/15/48 | 496 | 403,900 | |
3.05%, 03/01/50 | 100 | 63,688 | |
3.00%, 04/15/50 | 700 | 443,794 | |
2.13%, 10/15/50 | 400 | 206,808 | |
5.25%, 06/15/53 | 885 | 812,924 | |
5.25%, 03/15/54 | 900 | 821,525 | |
Public Storage Operating Co., 5.35%, 08/01/53 | 775 | 727,210 | |
Regency Centers LP | |||
4.40%, 02/01/47 | 413 | 323,137 | |
4.65%, 03/15/49 | 300 | 244,195 | |
VICI Properties LP | |||
5.63%, 05/15/52 | 629 | 549,220 | |
6.13%, 04/01/54 | 420 | 392,298 | |
Weyerhaeuser Co., 4.00%, 03/09/52 | 350 | 261,143 | |
14,664,282 | |||
Diversified Telecommunication Services — 3.6% | |||
AT&T, Inc. | |||
4.50%, 05/15/35 | 2,320 | 2,082,945 | |
5.25%, 03/01/37 | 850 | 807,315 | |
4.90%, 08/15/37 | 575 | 522,767 | |
6.30%, 01/15/38 | 700 | 718,366 | |
6.55%, 02/15/39 | 300 | 312,992 | |
4.85%, 03/01/39 | 1,100 | 980,030 | |
5.35%, 09/01/40 | 1,000 | 933,985 | |
3.50%, 06/01/41 | 2,300 | 1,705,448 | |
5.55%, 08/15/41 | 500 | 479,576 | |
4.30%, 12/15/42 | 1,350 | 1,097,326 | |
3.10%, 02/01/43(a) | 1,300 | 913,387 | |
4.65%, 06/01/44 | 405 | 337,651 | |
4.35%, 06/15/45 | 1,250 | 1,011,748 | |
4.75%, 05/15/46 | 2,000 | 1,696,544 | |
5.15%, 11/15/46 | 680 | 608,598 | |
5.65%, 02/15/47(a) | 900 | 870,999 | |
5.45%, 03/01/47 | 300 | 281,752 | |
4.50%, 03/09/48 | 1,850 | 1,487,556 | |
4.55%, 03/09/49 | 850 | 691,205 | |
5.15%, 02/15/50 | 500 | 440,921 | |
3.65%, 06/01/51 | 3,100 | 2,134,631 | |
3.30%, 02/01/52(a) | 800 | 519,861 | |
3.50%, 09/15/53(a) | 7,214 | 4,755,938 |
Security | Par (000) | Value | |
Diversified Telecommunication Services (continued) | |||
AT&T, Inc. (continued) | |||
3.55%, 09/15/55 | $ | 6,933 | $ 4,521,694 |
5.70%, 03/01/57 | 250 | 237,109 | |
3.80%, 12/01/57 | 5,349 | 3,608,911 | |
3.65%, 09/15/59 | 6,136 | 3,980,674 | |
3.85%, 06/01/60 | 1,400 | 947,913 | |
3.50%, 02/01/61 | 850 | 544,186 | |
Bell Telephone Co. of Canada or Bell Canada | |||
4.46%, 04/01/48 | 1,085 | 882,456 | |
4.30%, 07/29/49 | 498 | 395,210 | |
3.65%, 03/17/51 | 500 | 351,035 | |
3.20%, 02/15/52 | 559 | 356,692 | |
3.65%, 08/15/52 | 658 | 458,944 | |
5.55%, 02/15/54 | 825 | 777,025 | |
Telefonica Emisiones SA | |||
7.05%, 06/20/36 | 1,840 | 1,970,546 | |
4.67%, 03/06/38 | 355 | 307,358 | |
5.21%, 03/08/47 | 2,417 | 2,091,048 | |
4.90%, 03/06/48 | 1,182 | 983,556 | |
5.52%, 03/01/49 | 1,200 | 1,085,892 | |
TELUS Corp. | |||
4.60%, 11/16/48(a) | 630 | 517,491 | |
4.30%, 06/15/49 | 413 | 318,936 | |
Verizon Communications, Inc. | |||
4.40%, 11/01/34 | 1,993 | 1,807,552 | |
4.27%, 01/15/36 | 1,300 | 1,150,785 | |
5.25%, 03/16/37 | 800 | 772,475 | |
4.81%, 03/15/39 | 1,242 | 1,124,710 | |
2.65%, 11/20/40 | 3,038 | 2,029,882 | |
3.40%, 03/22/41 | 3,886 | 2,893,177 | |
2.85%, 09/03/41 | 1,288 | 878,219 | |
3.85%, 11/01/42 | 163 | 126,675 | |
6.55%, 09/15/43 | 900 | 976,855 | |
4.13%, 08/15/46 | 950 | 748,536 | |
4.86%, 08/21/46(a) | 2,384 | 2,105,277 | |
4.52%, 09/15/48 | 1,250 | 1,044,809 | |
4.00%, 03/22/50 | 779 | 589,949 | |
2.88%, 11/20/50(a) | 2,823 | 1,718,963 | |
3.55%, 03/22/51(a) | 4,699 | 3,275,491 | |
3.88%, 03/01/52 | 1,322 | 975,805 | |
5.50%, 02/23/54 | 860 | 816,731 | |
5.01%, 08/21/54(a) | 800 | 708,450 | |
4.67%, 03/15/55 | 600 | 506,463 | |
2.99%, 10/30/56 | 3,664 | 2,159,634 | |
3.00%, 11/20/60(a) | 2,125 | 1,229,951 | |
3.70%, 03/22/61(a) | 3,387 | 2,310,568 | |
79,679,174 | |||
Electric Utilities — 10.5% | |||
AEP Texas, Inc. | |||
3.45%, 01/15/50 | 163 | 106,779 | |
3.45%, 05/15/51 | 679 | 436,091 | |
5.25%, 05/15/52 | 980 | 862,404 | |
AEP Transmission Co. LLC | |||
4.00%, 12/01/46 | 200 | 155,094 | |
3.75%, 12/01/47 | 600 | 437,764 | |
4.25%, 09/15/48 | 200 | 157,631 | |
3.80%, 06/15/49 | 829 | 603,742 | |
3.15%, 09/15/49 | 64 | 41,170 | |
3.65%, 04/01/50 | 413 | 293,130 | |
2.75%, 08/15/51 | 329 | 192,501 | |
4.50%, 06/15/52 | 2,000 | 1,630,515 |
Security | Par (000) | Value | |
Electric Utilities (continued) | |||
AEP Transmission Co. LLC (continued) | |||
5.40%, 03/15/53 | $ | 500 | $ 466,911 |
Alabama Power Co. | |||
6.13%, 05/15/38 | 829 | 845,578 | |
6.00%, 03/01/39 | 450 | 454,551 | |
3.85%, 12/01/42 | 500 | 392,231 | |
3.75%, 03/01/45 | 618 | 464,697 | |
4.30%, 01/02/46 | 163 | 131,646 | |
3.70%, 12/01/47 | 277 | 202,850 | |
3.45%, 10/01/49 | 120 | 83,337 | |
3.13%, 07/15/51 | 496 | 321,742 | |
3.00%, 03/15/52(a) | 375 | 237,815 | |
Ameren Illinois Co. | |||
4.15%, 03/15/46 | 413 | 329,157 | |
3.70%, 12/01/47 | 675 | 492,891 | |
4.50%, 03/15/49 | 250 | 208,159 | |
3.25%, 03/15/50 | 197 | 131,375 | |
2.90%, 06/15/51 | 100 | 61,112 | |
5.90%, 12/01/52 | 400 | 404,057 | |
American Electric Power Co., Inc., 3.25%, 03/01/50(a) | 829 | 535,468 | |
Appalachian Power Co. | |||
7.00%, 04/01/38 | 400 | 428,270 | |
4.40%, 05/15/44 | 263 | 204,451 | |
4.45%, 06/01/45 | 350 | 273,202 | |
4.50%, 03/01/49 | 100 | 77,484 | |
3.70%, 05/01/50 | 825 | 555,228 | |
Arizona Public Service Co. | |||
5.05%, 09/01/41(a) | 163 | 144,988 | |
4.50%, 04/01/42 | 829 | 685,357 | |
3.75%, 05/15/46(a) | 925 | 663,806 | |
4.20%, 08/15/48 | 63 | 47,876 | |
3.50%, 12/01/49 | 961 | 638,390 | |
3.35%, 05/15/50(a) | 600 | 391,783 | |
2.65%, 09/15/50 | 250 | 141,070 | |
Avista Corp. | |||
4.35%, 06/01/48 | 496 | 389,356 | |
4.00%, 04/01/52 | 300 | 218,302 | |
Baltimore Gas and Electric Co. | |||
6.35%, 10/01/36 | 288 | 299,247 | |
3.50%, 08/15/46 | 579 | 412,532 | |
3.75%, 08/15/47 | 800 | 585,511 | |
3.20%, 09/15/49 | 345 | 225,475 | |
2.90%, 06/15/50 | 221 | 135,681 | |
4.55%, 06/01/52 | 630 | 520,233 | |
5.40%, 06/01/53 | 710 | 669,022 | |
Berkshire Hathaway Energy Co. | |||
6.13%, 04/01/36 | 1,563 | 1,599,386 | |
5.95%, 05/15/37 | 454 | 453,076 | |
5.15%, 11/15/43 | 263 | 243,625 | |
4.50%, 02/01/45 | 679 | 575,119 | |
3.80%, 07/15/48 | 763 | 547,806 | |
4.45%, 01/15/49 | 963 | 772,773 | |
4.25%, 10/15/50 | 829 | 634,200 | |
2.85%, 05/15/51 | 1,429 | 855,970 | |
4.60%, 05/01/53 | 1,029 | 832,087 | |
Black Hills Corp. | |||
6.15%, 05/15/34 | 540 | 538,842 | |
4.20%, 09/15/46(a) | 250 | 186,615 | |
3.88%, 10/15/49 | 313 | 216,096 | |
CenterPoint Energy Houston Electric LLC | |||
3.55%, 08/01/42 | 26 | 19,485 | |
4.50%, 04/01/44 | 800 | 674,496 | |
3.95%, 03/01/48 | 163 | 125,876 |
Security | Par (000) | Value | |
Electric Utilities (continued) | |||
CenterPoint Energy Houston Electric LLC (continued) | |||
4.25%, 02/01/49 | $ | 950 | $ 760,329 |
2.90%, 07/01/50 | 325 | 204,005 | |
3.35%, 04/01/51 | 613 | 415,911 | |
3.60%, 03/01/52 | 800 | 566,756 | |
4.85%, 10/01/52 | 500 | 438,025 | |
5.30%, 04/01/53 | 260 | 243,958 | |
CenterPoint Energy, Inc., 3.70%, 09/01/49 | 263 | 182,850 | |
Cleco Corporate Holdings LLC, 4.97%, 05/01/46 | 300 | 235,371 | |
Cleveland Electric Illuminating Co., 5.95%, 12/15/36 | 280 | 273,538 | |
Commonwealth Edison Co. | |||
5.90%, 03/15/36 | 800 | 818,037 | |
6.45%, 01/15/38 | 350 | 368,013 | |
3.80%, 10/01/42(a) | 320 | 245,454 | |
4.60%, 08/15/43 | 175 | 149,845 | |
3.70%, 03/01/45 | 163 | 121,057 | |
4.35%, 11/15/45 | 800 | 650,360 | |
3.65%, 06/15/46 | 620 | 449,630 | |
3.75%, 08/15/47 | 900 | 660,893 | |
4.00%, 03/01/48 | 829 | 630,683 | |
4.00%, 03/01/49 | 829 | 627,269 | |
3.20%, 11/15/49 | 605 | 395,005 | |
3.00%, 03/01/50 | 413 | 259,053 | |
3.13%, 03/15/51 | 629 | 401,070 | |
2.75%, 09/01/51 | 513 | 300,310 | |
3.85%, 03/15/52 | 659 | 480,474 | |
5.30%, 02/01/53 | 440 | 406,395 | |
Connecticut Light and Power Co. | |||
4.30%, 04/15/44 | 450 | 372,282 | |
4.15%, 06/01/45(a) | 700 | 566,232 | |
4.00%, 04/01/48 | 860 | 664,204 | |
5.25%, 01/15/53(a) | 500 | 467,188 | |
Consolidated Edison Co. of New York, Inc. | |||
5.85%, 03/15/36 | 500 | 502,632 | |
6.30%, 08/15/37 | 393 | 409,993 | |
6.75%, 04/01/38 | 800 | 871,018 | |
5.50%, 12/01/39 | 867 | 836,097 | |
5.70%, 06/15/40(a) | 400 | 388,739 | |
4.20%, 03/15/42 | 329 | 265,655 | |
3.95%, 03/01/43 | 547 | 429,494 | |
4.45%, 03/15/44 | 663 | 553,686 | |
4.50%, 12/01/45 | 663 | 551,365 | |
3.85%, 06/15/46 | 829 | 620,114 | |
3.88%, 06/15/47(a) | 400 | 300,426 | |
4.65%, 12/01/48 | 413 | 346,543 | |
4.13%, 05/15/49 | 913 | 705,435 | |
3.95%, 04/01/50 | 829 | 632,117 | |
3.20%, 12/01/51 | 550 | 355,283 | |
6.15%, 11/15/52(a) | 800 | 831,473 | |
5.90%, 11/15/53 | 675 | 678,447 | |
4.63%, 12/01/54 | 600 | 495,405 | |
4.30%, 12/01/56 | 413 | 318,948 | |
4.00%, 11/15/57(a) | 620 | 454,770 | |
4.50%, 05/15/58 | 829 | 662,806 | |
3.70%, 11/15/59 | 480 | 324,077 | |
3.00%, 12/01/60 | 660 | 380,408 | |
3.60%, 06/15/61(a) | 720 | 484,009 | |
Constellation Energy Generation LLC | |||
6.25%, 10/01/39 | 847 | 852,040 | |
5.75%, 10/01/41 | 413 | 394,344 | |
5.60%, 06/15/42 | 869 | 817,156 | |
6.50%, 10/01/53 | 840 | 871,827 | |
5.75%, 03/15/54 | 550 | 517,517 |
Security | Par (000) | Value | |
Electric Utilities (continued) | |||
Consumers Energy Co. | |||
3.25%, 08/15/46 | $ | 1,000 | $ 702,577 |
4.05%, 05/15/48 | 450 | 357,573 | |
4.35%, 04/15/49 | 829 | 683,357 | |
3.10%, 08/15/50(a) | 390 | 258,020 | |
3.50%, 08/01/51 | 829 | 588,795 | |
2.65%, 08/15/52(a) | 34 | 20,086 | |
4.20%, 09/01/52 | 610 | 481,753 | |
2.50%, 05/01/60 | 799 | 423,274 | |
Dayton Power & Light Co., 3.95%, 06/15/49 | 300 | 213,278 | |
Dominion Energy South Carolina, Inc. | |||
5.45%, 02/01/41 | 829 | 791,674 | |
4.60%, 06/15/43 | 463 | 395,155 | |
6.25%, 10/15/53 | 140 | 148,199 | |
5.10%, 06/01/65(a) | 413 | 360,897 | |
Dominion Energy, Inc. | |||
5.95%, 06/15/35 | 290 | 288,774 | |
7.00%, 06/15/38 | 163 | 172,866 | |
3.30%, 04/15/41 | 225 | 160,522 | |
4.90%, 08/01/41 | 509 | 441,546 | |
4.70%, 12/01/44 | 829 | 686,457 | |
4.60%, 03/15/49 | 513 | 414,509 | |
4.85%, 08/15/52(a) | 400 | 335,640 | |
DTE Electric Co. | |||
4.00%, 04/01/43(a) | 97 | 77,350 | |
4.30%, 07/01/44 | 400 | 329,330 | |
3.70%, 03/15/45 | 534 | 402,606 | |
3.70%, 06/01/46 | 163 | 120,204 | |
3.75%, 08/15/47 | 630 | 464,401 | |
4.05%, 05/15/48 | 463 | 361,209 | |
3.95%, 03/01/49 | 750 | 579,723 | |
2.95%, 03/01/50 | 829 | 520,600 | |
3.25%, 04/01/51 | 479 | 315,964 | |
3.65%, 03/01/52 | 117 | 83,189 | |
5.40%, 04/01/53 | 500 | 476,610 | |
Duke Energy Carolinas LLC | |||
6.10%, 06/01/37 | 413 | 418,581 | |
6.00%, 01/15/38 | 900 | 908,815 | |
6.05%, 04/15/38 | 511 | 519,691 | |
5.30%, 02/15/40 | 713 | 677,956 | |
4.25%, 12/15/41 | 829 | 680,449 | |
4.00%, 09/30/42 | 1,113 | 882,778 | |
3.75%, 06/01/45 | 500 | 368,253 | |
3.88%, 03/15/46 | 800 | 602,208 | |
3.70%, 12/01/47 | 413 | 296,479 | |
3.95%, 03/15/48 | 329 | 247,690 | |
3.20%, 08/15/49 | 769 | 506,362 | |
3.45%, 04/15/51 | 225 | 153,479 | |
3.55%, 03/15/52(a) | 892 | 612,862 | |
5.35%, 01/15/53 | 750 | 697,784 | |
5.40%, 01/15/54 | 1,032 | 969,310 | |
Duke Energy Corp. | |||
3.30%, 06/15/41 | 279 | 198,053 | |
4.80%, 12/15/45 | 463 | 389,057 | |
3.75%, 09/01/46 | 1,493 | 1,065,764 | |
3.95%, 08/15/47 | 413 | 301,665 | |
4.20%, 06/15/49 | 413 | 312,001 | |
3.50%, 06/15/51 | 829 | 547,508 | |
5.00%, 08/15/52 | 1,050 | 896,712 | |
6.10%, 09/15/53 | 675 | 673,616 | |
Duke Energy Florida LLC | |||
6.35%, 09/15/37 | 450 | 467,098 |
Security | Par (000) | Value | |
Electric Utilities (continued) | |||
Duke Energy Florida LLC (continued) | |||
6.40%, 06/15/38 | $ | 1,100 | $ 1,147,121 |
5.65%, 04/01/40 | 300 | 292,781 | |
3.40%, 10/01/46 | 863 | 593,866 | |
3.00%, 12/15/51 | 425 | 261,600 | |
5.95%, 11/15/52 | 525 | 528,462 | |
6.20%, 11/15/53 | 375 | 390,558 | |
Duke Energy Indiana LLC | |||
6.12%, 10/15/35 | 500 | 514,271 | |
6.35%, 08/15/38 | 275 | 286,994 | |
6.45%, 04/01/39 | 200 | 210,119 | |
4.90%, 07/15/43 | 163 | 143,200 | |
3.75%, 05/15/46 | 513 | 376,843 | |
3.25%, 10/01/49 | 800 | 528,247 | |
2.75%, 04/01/50 | 500 | 294,410 | |
5.40%, 04/01/53 | 450 | 416,877 | |
Duke Energy Ohio, Inc. | |||
3.70%, 06/15/46 | 163 | 118,686 | |
5.65%, 04/01/53 | 125 | 119,768 | |
5.55%, 03/15/54 | 275 | 259,599 | |
Duke Energy Progress LLC | |||
6.30%, 04/01/38 | 300 | 311,137 | |
4.10%, 05/15/42 | 922 | 738,773 | |
4.10%, 03/15/43 | 863 | 682,950 | |
4.38%, 03/30/44 | 326 | 266,664 | |
4.15%, 12/01/44 | 413 | 326,407 | |
4.20%, 08/15/45 | 963 | 758,805 | |
3.70%, 10/15/46 | 238 | 172,508 | |
3.60%, 09/15/47 | 829 | 583,378 | |
2.50%, 08/15/50 | 413 | 232,006 | |
2.90%, 08/15/51 | 1,026 | 621,405 | |
4.00%, 04/01/52 | 100 | 74,840 | |
5.35%, 03/15/53 | 300 | 278,403 | |
El Paso Electric Co., 6.00%, 05/15/35 | 413 | 403,346 | |
Emera U.S. Finance LP, 4.75%, 06/15/46 | 988 | 770,306 | |
Entergy Arkansas LLC | |||
4.20%, 04/01/49 | 350 | 271,790 | |
2.65%, 06/15/51 | 975 | 554,027 | |
3.35%, 06/15/52 | 288 | 188,101 | |
Entergy Corp., 3.75%, 06/15/50 | 464 | 321,025 | |
Entergy Louisiana LLC | |||
3.10%, 06/15/41 | 400 | 281,318 | |
4.95%, 01/15/45 | 350 | 305,443 | |
4.20%, 09/01/48 | 913 | 708,566 | |
4.20%, 04/01/50 | 829 | 642,442 | |
2.90%, 03/15/51 | 493 | 294,557 | |
4.75%, 09/15/52 | 500 | 419,802 | |
5.70%, 03/15/54 | 400 | 385,882 | |
Entergy Mississippi LLC | |||
3.85%, 06/01/49 | 413 | 301,598 | |
3.50%, 06/01/51 | 325 | 220,258 | |
Entergy Texas, Inc. | |||
4.50%, 03/30/39 | 400 | 344,063 | |
3.55%, 09/30/49 | 130 | 89,858 | |
5.00%, 09/15/52(a) | 200 | 172,548 | |
5.80%, 09/01/53 | 325 | 317,948 | |
Evergy Kansas Central, Inc. | |||
4.13%, 03/01/42 | 575 | 462,944 | |
4.10%, 04/01/43 | 350 | 276,152 | |
4.25%, 12/01/45 | 211 | 167,465 | |
3.25%, 09/01/49 | 413 | 267,856 | |
3.45%, 04/15/50 | 413 | 277,795 |
Security | Par (000) | Value | |
Electric Utilities (continued) | |||
Evergy Kansas Central, Inc. (continued) | |||
5.70%, 03/15/53 | $ | 345 | $ 331,604 |
Evergy Metro, Inc. | |||
5.30%, 10/01/41 | 340 | 313,627 | |
4.13%, 04/01/49 | 550 | 420,677 | |
Eversource Energy, 3.45%, 01/15/50(a) | 629 | 415,581 | |
Exelon Corp. | |||
4.95%, 06/15/35 | 700 | 637,368 | |
5.63%, 06/15/35 | 300 | 293,489 | |
5.10%, 06/15/45 | 763 | 675,644 | |
4.45%, 04/15/46 | 600 | 485,699 | |
4.70%, 04/15/50 | 713 | 592,946 | |
4.10%, 03/15/52(a) | 959 | 721,784 | |
5.60%, 03/15/53(a) | 1,025 | 970,443 | |
FirstEnergy Corp., 3.40%, 03/01/50 | 750 | 481,274 | |
Florida Power & Light Co. | |||
4.95%, 06/01/35 | 830 | 788,292 | |
5.95%, 02/01/38 | 800 | 819,412 | |
5.96%, 04/01/39 | 250 | 258,592 | |
5.69%, 03/01/40(a) | 413 | 418,619 | |
5.25%, 02/01/41(a) | 413 | 395,768 | |
4.13%, 02/01/42 | 413 | 340,689 | |
4.05%, 06/01/42 | 700 | 571,272 | |
3.80%, 12/15/42 | 400 | 312,586 | |
4.05%, 10/01/44 | 620 | 497,468 | |
3.70%, 12/01/47 | 829 | 616,017 | |
3.95%, 03/01/48 | 963 | 744,782 | |
4.13%, 06/01/48 | 413 | 327,032 | |
3.99%, 03/01/49 | 513 | 396,939 | |
3.15%, 10/01/49(a) | 733 | 485,870 | |
2.88%, 12/04/51(a) | 1,200 | 738,543 | |
5.30%, 04/01/53(a) | 695 | 658,321 | |
Georgia Power Co. | |||
4.75%, 09/01/40 | 100 | 87,708 | |
4.30%, 03/15/42 | 979 | 808,960 | |
4.30%, 03/15/43 | 340 | 275,709 | |
3.70%, 01/30/50 | 829 | 596,083 | |
3.25%, 03/15/51 | 775 | 506,410 | |
5.13%, 05/15/52 | 1,030 | 934,370 | |
Iberdrola International BV, 6.75%, 07/15/36 | 300 | 326,988 | |
Idaho Power Co. | |||
4.20%, 03/01/48 | 400 | 306,730 | |
5.50%, 03/15/53 | 220 | 205,055 | |
5.80%, 04/01/54 | 521 | 505,585 | |
Indiana Michigan Power Co. | |||
6.05%, 03/15/37 | 513 | 515,754 | |
4.55%, 03/15/46 | 96 | 78,481 | |
3.75%, 07/01/47 | 829 | 591,655 | |
4.25%, 08/15/48 | 263 | 203,009 | |
5.63%, 04/01/53 | 305 | 291,835 | |
Interstate Power and Light Co. | |||
6.25%, 07/15/39 | 260 | 262,374 | |
3.70%, 09/15/46 | 363 | 259,647 | |
3.50%, 09/30/49 | 477 | 324,616 | |
3.10%, 11/30/51 | 355 | 219,357 | |
ITC Holdings Corp., 5.30%, 07/01/43 | 200 | 180,483 | |
John Sevier Combined Cycle Generation LLC, 4.63%, 01/15/42(a) | 641 | 582,046 | |
Kentucky Utilities Co. | |||
5.13%, 11/01/40 | 850 | 783,318 | |
4.38%, 10/01/45 | 829 | 673,955 | |
3.30%, 06/01/50 | 475 | 314,652 | |
Louisville Gas and Electric Co., 4.25%, 04/01/49 | 854 | 670,361 |
Security | Par (000) | Value | |
Electric Utilities (continued) | |||
MidAmerican Energy Co. | |||
5.80%, 10/15/36 | $ | 300 | $ 302,014 |
4.80%, 09/15/43 | 163 | 144,950 | |
4.40%, 10/15/44 | 829 | 683,742 | |
4.25%, 05/01/46 | 300 | 240,434 | |
3.95%, 08/01/47 | 400 | 305,171 | |
3.65%, 08/01/48 | 413 | 301,096 | |
4.25%, 07/15/49 | 943 | 759,021 | |
3.15%, 04/15/50 | 613 | 399,708 | |
2.70%, 08/01/52(a) | 225 | 131,229 | |
5.85%, 09/15/54 | 800 | 804,690 | |
5.30%, 02/01/55 | 145 | 134,792 | |
Mississippi Power Co. | |||
4.25%, 03/15/42 | 363 | 291,906 | |
3.10%, 07/30/51(a) | 413 | 254,729 | |
National Grid USA, 5.80%, 04/01/35 | 300 | 291,634 | |
National Rural Utilities Cooperative Finance Corp. | |||
4.40%, 11/01/48 | 270 | 218,438 | |
4.30%, 03/15/49 | 588 | 471,199 | |
Nevada Power Co. | |||
6.65%, 04/01/36 | 600 | 632,632 | |
3.13%, 08/01/50(a) | 329 | 205,219 | |
5.90%, 05/01/53 | 100 | 98,041 | |
6.00%, 03/15/54 | 450 | 448,823 | |
NextEra Energy Capital Holdings, Inc. | |||
3.00%, 01/15/52(a) | 454 | 275,990 | |
5.25%, 02/28/53 | 950 | 856,297 | |
5.55%, 03/15/54 | 1,250 | 1,167,694 | |
Northern States Power Co. | |||
6.20%, 07/01/37(a) | 400 | 419,872 | |
5.35%, 11/01/39 | 350 | 336,205 | |
3.40%, 08/15/42 | 130 | 96,116 | |
4.13%, 05/15/44 | 250 | 197,294 | |
4.00%, 08/15/45 | 250 | 192,763 | |
3.60%, 05/15/46 | 500 | 361,577 | |
3.60%, 09/15/47 | 953 | 682,832 | |
2.90%, 03/01/50 | 366 | 228,841 | |
2.60%, 06/01/51 | 700 | 404,975 | |
3.20%, 04/01/52 | 145 | 94,267 | |
4.50%, 06/01/52 | 626 | 518,189 | |
5.10%, 05/15/53(a) | 600 | 543,726 | |
5.40%, 03/15/54 | 720 | 682,917 | |
NorthWestern Corp., 4.18%, 11/15/44(a) | 350 | 270,700 | |
NSTAR Electric Co. | |||
5.50%, 03/15/40 | 100 | 96,140 | |
3.10%, 06/01/51(a) | 250 | 160,847 | |
4.55%, 06/01/52 | 381 | 314,217 | |
4.95%, 09/15/52 | 225 | 198,617 | |
Oglethorpe Power Corp. | |||
5.95%, 11/01/39 | 350 | 338,005 | |
5.38%, 11/01/40 | 300 | 273,626 | |
4.50%, 04/01/47 | 479 | 376,880 | |
5.05%, 10/01/48 | 829 | 716,407 | |
3.75%, 08/01/50 | 163 | 112,820 | |
6.20%, 12/01/53(b) | 425 | 422,346 | |
Ohio Edison Co., 6.88%, 07/15/36 | 300 | 322,861 | |
Ohio Power Co. | |||
4.15%, 04/01/48 | 1,004 | 762,499 | |
2.90%, 10/01/51 | 609 | 364,581 | |
Oklahoma Gas and Electric Co. | |||
4.15%, 04/01/47 | 450 | 350,395 | |
3.85%, 08/15/47 | 150 | 110,309 | |
5.60%, 04/01/53 | 270 | 259,508 |
Security | Par (000) | Value | |
Electric Utilities (continued) | |||
Oncor Electric Delivery Co. LLC | |||
5.25%, 09/30/40 | $ | 163 | $ 154,861 |
4.55%, 12/01/41 | 350 | 303,675 | |
5.30%, 06/01/42 | 295 | 281,783 | |
3.75%, 04/01/45 | 163 | 123,214 | |
3.80%, 09/30/47 | 104 | 77,488 | |
4.10%, 11/15/48 | 413 | 322,574 | |
3.80%, 06/01/49 | 829 | 617,955 | |
3.10%, 09/15/49 | 909 | 591,898 | |
3.70%, 05/15/50 | 470 | 338,505 | |
2.70%, 11/15/51 | 626 | 365,030 | |
4.60%, 06/01/52 | 500 | 420,552 | |
4.95%, 09/15/52(a) | 800 | 711,076 | |
5.35%, 10/01/52 | 300 | 279,578 | |
Pacific Gas and Electric Co. | |||
5.80%, 05/15/34 | 300 | 292,921 | |
4.50%, 07/01/40 | 2,084 | 1,691,075 | |
3.30%, 08/01/40 | 941 | 655,754 | |
4.20%, 06/01/41 | 712 | 547,242 | |
4.45%, 04/15/42 | 625 | 488,178 | |
3.75%, 08/15/42 | 350 | 249,318 | |
4.60%, 06/15/43 | 475 | 376,374 | |
4.75%, 02/15/44 | 613 | 494,511 | |
4.30%, 03/15/45 | 476 | 355,128 | |
4.25%, 03/15/46(a) | 875 | 648,958 | |
4.00%, 12/01/46 | 510 | 360,834 | |
3.95%, 12/01/47 | 655 | 459,267 | |
4.95%, 07/01/50(a) | 2,971 | 2,416,379 | |
3.50%, 08/01/50(a) | 1,745 | 1,119,176 | |
5.25%, 03/01/52 | 543 | 456,404 | |
6.75%, 01/15/53 | 1,530 | 1,577,364 | |
6.70%, 04/01/53 | 665 | 683,327 | |
PacifiCorp. | |||
5.25%, 06/15/35 | 163 | 154,447 | |
5.75%, 04/01/37 | 500 | 486,478 | |
6.25%, 10/15/37 | 700 | 708,610 | |
6.35%, 07/15/38 | 243 | 248,281 | |
6.00%, 01/15/39 | 500 | 497,493 | |
4.10%, 02/01/42 | 263 | 199,907 | |
4.13%, 01/15/49 | 829 | 613,544 | |
4.15%, 02/15/50 | 763 | 569,301 | |
3.30%, 03/15/51 | 1,000 | 624,187 | |
2.90%, 06/15/52 | 926 | 523,141 | |
5.35%, 12/01/53 | 1,150 | 1,003,864 | |
5.50%, 05/15/54(a) | 1,135 | 1,013,861 | |
5.80%, 01/15/55 | 1,550 | 1,430,196 | |
PECO Energy Co. | |||
5.95%, 10/01/36 | 260 | 266,054 | |
3.90%, 03/01/48 | 829 | 639,619 | |
3.00%, 09/15/49 | 126 | 80,222 | |
2.80%, 06/15/50 | 100 | 60,889 | |
3.05%, 03/15/51 | 57 | 36,412 | |
2.85%, 09/15/51 | 243 | 147,900 | |
4.60%, 05/15/52 | 300 | 254,743 | |
4.38%, 08/15/52 | 200 | 162,616 | |
Potomac Electric Power Co. | |||
6.50%, 11/15/37 | 450 | 482,580 | |
4.15%, 03/15/43 | 563 | 455,842 | |
5.50%, 03/15/54 | 300 | 288,772 | |
PPL Electric Utilities Corp. | |||
6.25%, 05/15/39 | 250 | 261,755 | |
4.75%, 07/15/43 | 163 | 143,676 | |
4.15%, 10/01/45(a) | 300 | 240,235 |
Security | Par (000) | Value | |
Electric Utilities (continued) | |||
PPL Electric Utilities Corp. (continued) | |||
3.95%, 06/01/47 | $ | 400 | $ 307,846 |
4.15%, 06/15/48 | 500 | 397,960 | |
3.00%, 10/01/49 | 110 | 71,300 | |
5.25%, 05/15/53 | 500 | 467,183 | |
Progress Energy, Inc., 6.00%, 12/01/39 | 800 | 788,137 | |
Public Service Co. of Colorado | |||
3.60%, 09/15/42 | 163 | 119,728 | |
3.80%, 06/15/47 | 829 | 601,023 | |
4.10%, 06/15/48 | 300 | 225,132 | |
4.05%, 09/15/49 | 829 | 620,530 | |
3.20%, 03/01/50 | 450 | 288,772 | |
2.70%, 01/15/51 | 660 | 376,172 | |
4.50%, 06/01/52 | 500 | 398,562 | |
5.25%, 04/01/53 | 750 | 671,765 | |
5.75%, 05/15/54 | 625 | 606,292 | |
Public Service Co. of New Hampshire | |||
3.60%, 07/01/49 | 229 | 164,368 | |
5.15%, 01/15/53 | 275 | 253,055 | |
Public Service Co. of Oklahoma, 3.15%, 08/15/51 | 130 | 81,390 | |
Public Service Electric and Gas Co. | |||
5.80%, 05/01/37 | 288 | 292,462 | |
3.95%, 05/01/42 | 385 | 307,409 | |
3.65%, 09/01/42 | 100 | 76,542 | |
3.80%, 01/01/43 | 385 | 302,849 | |
3.80%, 03/01/46 | 1,036 | 786,483 | |
3.60%, 12/01/47 | 250 | 181,326 | |
4.05%, 05/01/48 | 350 | 277,081 | |
3.85%, 05/01/49 | 413 | 313,360 | |
3.20%, 08/01/49 | 400 | 266,791 | |
3.15%, 01/01/50 | 429 | 285,088 | |
2.70%, 05/01/50 | 300 | 182,557 | |
2.05%, 08/01/50 | 300 | 157,898 | |
3.00%, 03/01/51 | 829 | 530,259 | |
5.13%, 03/15/53 | 390 | 359,920 | |
5.45%, 08/01/53 | 300 | 288,678 | |
5.45%, 03/01/54 | 450 | 433,388 | |
Puget Sound Energy, Inc. | |||
6.27%, 03/15/37 | 400 | 414,413 | |
5.76%, 10/01/39 | 300 | 293,309 | |
5.80%, 03/15/40(a) | 413 | 405,814 | |
5.64%, 04/15/41 | 250 | 241,966 | |
4.30%, 05/20/45 | 400 | 322,370 | |
4.22%, 06/15/48 | 413 | 321,436 | |
3.25%, 09/15/49 | 370 | 239,535 | |
2.89%, 09/15/51 | 300 | 179,871 | |
5.45%, 06/01/53 | 320 | 302,340 | |
San Diego Gas & Electric Co. | |||
6.00%, 06/01/39(a) | 400 | 403,808 | |
4.50%, 08/15/40 | 500 | 432,846 | |
3.75%, 06/01/47 | 300 | 219,162 | |
4.15%, 05/15/48 | 929 | 731,056 | |
4.10%, 06/15/49 | 700 | 537,002 | |
3.32%, 04/15/50 | 300 | 196,966 | |
2.95%, 08/15/51 | 600 | 376,077 | |
3.70%, 03/15/52 | 400 | 282,149 | |
5.35%, 04/01/53 | 895 | 827,486 | |
5.55%, 04/15/54 | 450 | 429,866 | |
Sempra | |||
3.80%, 02/01/38 | 1,129 | 896,301 | |
6.00%, 10/15/39 | 700 | 685,109 | |
4.00%, 02/01/48 | 829 | 612,994 | |
Sierra Pacific Power Co., 5.90%, 03/15/54(b) | 550 | 538,927 |
Security | Par (000) | Value | |
Electric Utilities (continued) | |||
Southern California Edison Co. | |||
5.20%, 06/01/34 | $ | 500 | $ 476,974 |
5.75%, 04/01/35 | 300 | 299,259 | |
5.35%, 07/15/35 | 300 | 288,692 | |
5.63%, 02/01/36 | 300 | 292,385 | |
5.95%, 02/01/38 | 413 | 409,656 | |
6.05%, 03/15/39 | 700 | 695,780 | |
4.50%, 09/01/40 | 804 | 676,117 | |
4.05%, 03/15/42 | 340 | 263,978 | |
3.90%, 03/15/43 | 207 | 157,483 | |
4.65%, 10/01/43 | 1,038 | 872,555 | |
3.60%, 02/01/45 | 163 | 116,115 | |
4.00%, 04/01/47 | 1,779 | 1,331,461 | |
4.13%, 03/01/48 | 1,279 | 974,366 | |
4.88%, 03/01/49 | 563 | 477,672 | |
3.65%, 02/01/50(a) | 1,279 | 890,953 | |
2.95%, 02/01/51 | 1,000 | 609,520 | |
3.65%, 06/01/51 | 629 | 434,732 | |
3.45%, 02/01/52 | 980 | 653,333 | |
5.45%, 06/01/52 | 243 | 223,113 | |
5.70%, 03/01/53 | 465 | 443,309 | |
5.88%, 12/01/53 | 570 | 555,024 | |
5.75%, 04/15/54 | 450 | 431,919 | |
Southern Co. | |||
4.25%, 07/01/36 | 550 | 474,248 | |
4.40%, 07/01/46 | 1,920 | 1,563,162 | |
Southern Power Co. | |||
5.15%, 09/15/41(a) | 725 | 649,249 | |
5.25%, 07/15/43 | 413 | 369,414 | |
4.95%, 12/15/46 | 829 | 704,218 | |
Southwestern Electric Power Co. | |||
6.20%, 03/15/40 | 300 | 304,115 | |
3.90%, 04/01/45 | 340 | 245,528 | |
3.85%, 02/01/48 | 413 | 291,829 | |
3.25%, 11/01/51(a) | 229 | 143,465 | |
Southwestern Public Service Co. | |||
4.50%, 08/15/41 | 300 | 244,447 | |
3.40%, 08/15/46 | 100 | 66,468 | |
3.70%, 08/15/47 | 413 | 283,353 | |
3.75%, 06/15/49 | 829 | 578,889 | |
3.15%, 05/01/50 | 454 | 282,920 | |
Tampa Electric Co. | |||
4.10%, 06/15/42 | 113 | 90,288 | |
4.35%, 05/15/44 | 300 | 241,921 | |
4.30%, 06/15/48(a) | 329 | 259,360 | |
4.45%, 06/15/49(a) | 961 | 777,606 | |
3.63%, 06/15/50(a) | 300 | 209,312 | |
3.45%, 03/15/51 | 100 | 66,045 | |
5.00%, 07/15/52(a) | 175 | 152,280 | |
Toledo Edison Co., 6.15%, 05/15/37 | 276 | 281,713 | |
Tucson Electric Power Co. | |||
4.85%, 12/01/48(a) | 163 | 138,128 | |
4.00%, 06/15/50 | 500 | 366,060 | |
3.25%, 05/01/51 | 130 | 82,979 | |
5.50%, 04/15/53 | 250 | 235,267 | |
Union Electric Co. | |||
5.30%, 08/01/37 | 300 | 290,491 | |
8.45%, 03/15/39 | 300 | 368,037 | |
3.90%, 09/15/42 | 340 | 267,503 | |
3.65%, 04/15/45 | 285 | 207,860 | |
4.00%, 04/01/48 | 854 | 648,038 | |
3.25%, 10/01/49(a) | 413 | 272,383 |
Security | Par (000) | Value | |
Electric Utilities (continued) | |||
Union Electric Co. (continued) | |||
2.63%, 03/15/51 | $ | 500 | $ 290,071 |
3.90%, 04/01/52 | 629 | 470,514 | |
5.45%, 03/15/53 | 550 | 515,745 | |
5.25%, 01/15/54 | 350 | 318,540 | |
Virginia Electric and Power Co. | |||
6.00%, 01/15/36 | 829 | 842,168 | |
6.00%, 05/15/37 | 963 | 968,430 | |
6.35%, 11/30/37 | 1,000 | 1,038,878 | |
8.88%, 11/15/38 | 950 | 1,214,300 | |
4.00%, 01/15/43(a) | 638 | 501,557 | |
4.65%, 08/15/43 | 413 | 352,675 | |
4.45%, 02/15/44(a) | 538 | 446,621 | |
4.20%, 05/15/45 | 300 | 238,198 | |
4.00%, 11/15/46 | 425 | 322,444 | |
3.80%, 09/15/47 | 413 | 300,682 | |
4.60%, 12/01/48 | 474 | 391,769 | |
3.30%, 12/01/49 | 209 | 139,019 | |
2.45%, 12/15/50 | 1,066 | 584,034 | |
2.95%, 11/15/51 | 1,013 | 617,013 | |
4.63%, 05/15/52 | 529 | 435,116 | |
5.45%, 04/01/53 | 735 | 688,620 | |
5.70%, 08/15/53(a) | 450 | 437,832 | |
5.35%, 01/15/54(a) | 325 | 301,438 | |
Wisconsin Electric Power Co. | |||
5.70%, 12/01/36 | 500 | 500,902 | |
4.30%, 10/15/48(a) | 620 | 497,609 | |
Wisconsin Power and Light Co., 6.38%, 08/15/37 | 200 | 206,645 | |
Wisconsin Public Service Corp. | |||
3.67%, 12/01/42 | 100 | 75,986 | |
4.75%, 11/01/44(a) | 400 | 346,075 | |
3.30%, 09/01/49(a) | 516 | 344,846 | |
2.85%, 12/01/51 | 153 | 92,136 | |
Xcel Energy, Inc. | |||
6.50%, 07/01/36 | 650 | 672,284 | |
3.50%, 12/01/49 | 530 | 351,938 | |
232,402,662 | |||
Electrical Equipment — 0.1% | |||
Eaton Corp. | |||
4.15%, 11/02/42 | 913 | 761,833 | |
4.70%, 08/23/52 | 900 | 795,190 | |
Emerson Electric Co. | |||
5.25%, 11/15/39 | 250 | 242,450 | |
2.75%, 10/15/50 | 829 | 507,440 | |
2.80%, 12/21/51 | 857 | 526,431 | |
2,833,344 | |||
Electronic Equipment, Instruments & Components — 0.4% | |||
Corning, Inc. | |||
4.70%, 03/15/37 | 100 | 89,556 | |
5.75%, 08/15/40 | 350 | 336,835 | |
4.75%, 03/15/42 | 550 | 474,750 | |
5.35%, 11/15/48 | 620 | 568,976 | |
3.90%, 11/15/49 | 163 | 120,821 | |
4.38%, 11/15/57 | 745 | 568,767 | |
5.85%, 11/15/68 | 496 | 470,218 | |
5.45%, 11/15/79 | 963 | 849,720 | |
Honeywell International, Inc. | |||
5.00%, 03/01/35 | 650 | 630,927 | |
5.70%, 03/15/36(a) | 450 | 461,009 | |
5.70%, 03/15/37(a) | 400 | 406,373 | |
5.38%, 03/01/41 | 400 | 393,340 | |
3.81%, 11/21/47 | 413 | 315,134 |
Security | Par (000) | Value | |
Electronic Equipment, Instruments & Components (continued) | |||
Honeywell International, Inc. (continued) | |||
2.80%, 06/01/50 | $ | 759 | $ 489,083 |
5.25%, 03/01/54 | 1,625 | 1,540,267 | |
5.35%, 03/01/64 | 625 | 592,684 | |
Tyco Electronics Group SA, 7.13%, 10/01/37 | 325 | 364,178 | |
8,672,638 | |||
Energy Equipment & Services — 0.4% | |||
Baker Hughes Holdings LLC, 5.13%, 09/15/40 | 1,026 | 963,528 | |
Baker Hughes Holdings LLC/Baker Hughes Co.- Obligor, Inc., 4.08%, 12/15/47 | 1,243 | 969,473 | |
Halliburton Co. | |||
4.85%, 11/15/35(a) | 829 | 780,588 | |
6.70%, 09/15/38 | 800 | 861,181 | |
7.45%, 09/15/39 | 930 | 1,075,807 | |
4.50%, 11/15/41 | 450 | 381,498 | |
4.75%, 08/01/43 | 836 | 725,948 | |
5.00%, 11/15/45 | 1,709 | 1,529,640 | |
NOV, Inc., 3.95%, 12/01/42 | 1,117 | 820,350 | |
8,108,013 | |||
Entertainment — 0.4% | |||
Warnermedia Holdings, Inc. | |||
5.05%, 03/15/42 | 3,950 | 3,162,024 | |
5.14%, 03/15/52 | 5,414 | 4,146,658 | |
5.39%, 03/15/62 | 2,750 | 2,105,585 | |
9,414,267 | |||
Environmental, Maintenance & Security Service — 0.2% | |||
Nature Conservancy, 3.96%, 03/01/52(a) | 66 | 51,307 | |
Republic Services, Inc. | |||
6.20%, 03/01/40 | 400 | 419,503 | |
5.70%, 05/15/41 | 700 | 691,081 | |
3.05%, 03/01/50 | 250 | 163,794 | |
Waste Connections, Inc. | |||
3.05%, 04/01/50 | 329 | 212,256 | |
2.95%, 01/15/52 | 725 | 454,599 | |
Waste Management, Inc. | |||
2.95%, 06/01/41 | 570 | 405,935 | |
4.10%, 03/01/45 | 530 | 435,836 | |
4.15%, 07/15/49 | 663 | 535,678 | |
2.50%, 11/15/50 | 450 | 262,258 | |
3,632,247 | |||
Financial Services — 1.1% | |||
AerCap Ireland Capital DAC/AerCap Global Aviation Trust, 3.85%, 10/29/41 | 1,175 | 885,469 | |
American Express Co., 4.05%, 12/03/42 | 1,200 | 997,173 | |
CI Financial Corp., 4.10%, 06/15/51 | 709 | 416,427 | |
CME Group, Inc. | |||
5.30%, 09/15/43 | 829 | 809,810 | |
4.15%, 06/15/48 | 750 | 617,854 | |
Franklin Resources, Inc., 2.95%, 08/12/51 | 225 | 134,938 | |
Intercontinental Exchange, Inc. | |||
2.65%, 09/15/40 | 1,029 | 700,947 | |
4.25%, 09/21/48 | 1,363 | 1,097,546 | |
3.00%, 06/15/50 | 1,259 | 798,574 | |
4.95%, 06/15/52(a) | 1,221 | 1,092,615 | |
3.00%, 09/15/60 | 1,235 | 723,958 | |
5.20%, 06/15/62 | 925 | 838,775 | |
Invesco Finance PLC, 5.38%, 11/30/43 | 513 | 475,190 | |
Jefferies Financial Group, Inc., 6.25%, 01/15/36 | 950 | 946,373 | |
Legg Mason, Inc., 5.63%, 01/15/44 | 516 | 497,075 |
Security | Par (000) | Value | |
Financial Services (continued) | |||
Mastercard, Inc. | |||
3.80%, 11/21/46 | $ | 550 | $ 427,270 |
3.95%, 02/26/48 | 450 | 359,621 | |
3.65%, 06/01/49 | 963 | 721,307 | |
3.85%, 03/26/50 | 1,444 | 1,118,331 | |
2.95%, 03/15/51(a) | 704 | 459,306 | |
Nasdaq, Inc. | |||
2.50%, 12/21/40 | 300 | 191,363 | |
3.25%, 04/28/50 | 430 | 280,949 | |
3.95%, 03/07/52 | 2,750 | 1,994,169 | |
5.95%, 08/15/53(a) | 250 | 246,713 | |
6.10%, 06/28/63(a) | 100 | 100,128 | |
Raymond James Financial, Inc. | |||
4.95%, 07/15/46 | 663 | 582,193 | |
3.75%, 04/01/51 | 775 | 555,608 | |
Visa, Inc. | |||
4.15%, 12/14/35 | 1,413 | 1,286,294 | |
2.70%, 04/15/40 | 829 | 587,459 | |
4.30%, 12/14/45 | 3,250 | 2,754,493 | |
3.65%, 09/15/47 | 676 | 513,160 | |
2.00%, 08/15/50(a) | 1,736 | 945,887 | |
Voya Financial, Inc. | |||
5.70%, 07/15/43 | 413 | 387,738 | |
4.80%, 06/15/46 | 255 | 209,103 | |
Western Union Co., 6.20%, 11/17/36(a) | 433 | 430,798 | |
25,184,614 | |||
Food Products — 1.5% | |||
Archer-Daniels-Midland Co. | |||
5.38%, 09/15/35 | 700 | 691,153 | |
4.54%, 03/26/42 | 350 | 298,420 | |
4.02%, 04/16/43 | 59 | 45,681 | |
3.75%, 09/15/47(a) | 354 | 257,735 | |
4.50%, 03/15/49 | 829 | 682,060 | |
2.70%, 09/15/51(a) | 600 | 357,661 | |
Campbell Soup Co. | |||
4.80%, 03/15/48 | 620 | 525,983 | |
3.13%, 04/24/50 | 390 | 245,186 | |
Conagra Brands, Inc. | |||
5.30%, 11/01/38 | 829 | 759,319 | |
5.40%, 11/01/48 | 823 | 737,947 | |
General Mills, Inc. | |||
5.40%, 06/15/40 | 800 | 763,380 | |
4.70%, 04/17/48(a) | 400 | 341,035 | |
3.00%, 02/01/51(a) | 371 | 229,127 | |
Hershey Co. | |||
3.13%, 11/15/49 | 413 | 278,224 | |
2.65%, 06/01/50 | 300 | 181,927 | |
Hormel Foods Corp., 3.05%, 06/03/51(a) | 413 | 263,442 | |
Ingredion, Inc., 3.90%, 06/01/50(a) | 413 | 287,947 | |
J M Smucker Co. | |||
4.25%, 03/15/35 | 613 | 538,773 | |
2.75%, 09/15/41 | 200 | 129,189 | |
6.50%, 11/15/43 | 650 | 677,161 | |
4.38%, 03/15/45 | 563 | 457,222 | |
3.55%, 03/15/50(a) | 330 | 221,952 | |
6.50%, 11/15/53(a) | 1,005 | 1,056,321 | |
JBS USA Holding Lux SARL/JBS USA Food Co./JBS Lux Co. SARL | |||
4.38%, 02/02/52 | 800 | 554,861 | |
6.50%, 12/01/52 | 1,375 | 1,301,642 | |
7.25%, 11/15/53(b) | 700 | 719,839 | |
Kellanova, 4.50%, 04/01/46 | 478 | 391,180 |
Security | Par (000) | Value | |
Food Products (continued) | |||
Koninklijke Ahold Delhaize NV, 5.70%, 10/01/40 | $ | 400 | $ 382,716 |
Kraft Heinz Foods Co. | |||
5.00%, 07/15/35(a) | 671 | 639,874 | |
6.88%, 01/26/39 | 813 | 885,589 | |
4.63%, 10/01/39 | 338 | 292,220 | |
6.50%, 02/09/40 | 421 | 442,637 | |
5.00%, 06/04/42 | 1,587 | 1,417,430 | |
5.20%, 07/15/45 | 1,478 | 1,332,113 | |
4.38%, 06/01/46 | 2,452 | 1,964,389 | |
4.88%, 10/01/49 | 1,437 | 1,233,898 | |
5.50%, 06/01/50 | 763 | 714,516 | |
Kroger Co. | |||
6.90%, 04/15/38(a) | 350 | 381,425 | |
5.40%, 07/15/40(a) | 900 | 849,755 | |
5.15%, 08/01/43 | 259 | 232,100 | |
3.88%, 10/15/46 | 513 | 374,301 | |
4.45%, 02/01/47 | 779 | 630,226 | |
4.65%, 01/15/48 | 313 | 260,827 | |
5.40%, 01/15/49 | 713 | 664,318 | |
3.95%, 01/15/50 | 525 | 394,449 | |
McCormick & Co., Inc., 4.20%, 08/15/47(a) | 360 | 285,981 | |
Mondelez International, Inc., 2.63%, 09/04/50 | 955 | 563,646 | |
Pilgrim’ s Pride Corp., 6.88%, 05/15/34 | 465 | 482,009 | |
Sysco Corp. | |||
5.38%, 09/21/35 | 350 | 343,278 | |
6.60%, 04/01/40 | 350 | 371,956 | |
4.85%, 10/01/45 | 397 | 341,197 | |
4.50%, 04/01/46 | 428 | 351,401 | |
4.45%, 03/15/48 | 413 | 334,167 | |
3.30%, 02/15/50 | 400 | 266,826 | |
6.60%, 04/01/50(a) | 1,179 | 1,279,859 | |
3.15%, 12/14/51 | 1,000 | 636,469 | |
Tyson Foods, Inc. | |||
4.88%, 08/15/34(a) | 375 | 347,289 | |
5.15%, 08/15/44 | 338 | 293,343 | |
4.55%, 06/02/47 | 763 | 602,377 | |
5.10%, 09/28/48 | 1,368 | 1,170,284 | |
33,757,232 | |||
Gas Utilities — 0.6% | |||
Atmos Energy Corp. | |||
4.15%, 01/15/43(a) | 26 | 21,518 | |
4.13%, 10/15/44 | 640 | 520,711 | |
4.30%, 10/01/48 | 538 | 435,314 | |
4.13%, 03/15/49 | 315 | 247,394 | |
3.38%, 09/15/49 | 520 | 355,876 | |
2.85%, 02/15/52 | 650 | 394,262 | |
5.75%, 10/15/52 | 500 | 498,783 | |
6.20%, 11/15/53(a) | 550 | 583,811 | |
CenterPoint Energy Resources Corp. | |||
5.85%, 01/15/41(a) | 163 | 162,303 | |
4.10%, 09/01/47 | 330 | 253,601 | |
NiSource, Inc. | |||
5.95%, 06/15/41 | 319 | 313,081 | |
5.25%, 02/15/43 | 301 | 272,223 | |
4.80%, 02/15/44 | 763 | 649,286 | |
5.65%, 02/01/45 | 428 | 400,833 | |
4.38%, 05/15/47(a) | 963 | 761,246 | |
3.95%, 03/30/48 | 775 | 568,352 | |
5.00%, 06/15/52 | 450 | 389,101 | |
ONE Gas, Inc. | |||
4.66%, 02/01/44 | 563 | 483,597 |
Security | Par (000) | Value | |
Gas Utilities (continued) | |||
ONE Gas, Inc. (continued) | |||
4.50%, 11/01/48(a) | $ | 350 | $ 288,032 |
Piedmont Natural Gas Co., Inc. | |||
4.65%, 08/01/43 | 255 | 213,699 | |
3.64%, 11/01/46 | 255 | 176,585 | |
3.35%, 06/01/50(a) | 329 | 209,404 | |
5.05%, 05/15/52 | 325 | 279,045 | |
Southern California Gas Co. | |||
3.75%, 09/15/42 | 600 | 455,371 | |
4.13%, 06/01/48 | 163 | 124,571 | |
4.30%, 01/15/49 | 404 | 316,544 | |
3.95%, 02/15/50 | 350 | 258,224 | |
6.35%, 11/15/52 | 325 | 341,584 | |
5.75%, 06/01/53 | 320 | 309,695 | |
5.60%, 04/01/54 | 400 | 379,835 | |
Southern Co. Gas Capital Corp. | |||
5.88%, 03/15/41 | 550 | 533,954 | |
4.40%, 06/01/43 | 261 | 208,287 | |
3.95%, 10/01/46 | 620 | 453,708 | |
4.40%, 05/30/47 | 450 | 357,120 | |
3.15%, 09/30/51 | 845 | 517,921 | |
Southwest Gas Corp. | |||
4.15%, 06/01/49 | 100 | 73,762 | |
3.18%, 08/15/51 | 695 | 425,132 | |
Washington Gas Light Co. | |||
3.80%, 09/15/46 | 350 | 251,593 | |
3.65%, 09/15/49 | 413 | 289,911 | |
13,775,269 | |||
Ground Transportation — 2.5% | |||
Burlington Northern Santa Fe LLC | |||
6.20%, 08/15/36 | 250 | 264,919 | |
6.15%, 05/01/37(a) | 650 | 688,634 | |
5.75%, 05/01/40 | 750 | 757,740 | |
5.05%, 03/01/41 | 450 | 419,643 | |
5.40%, 06/01/41 | 500 | 485,233 | |
4.95%, 09/15/41 | 250 | 230,389 | |
4.40%, 03/15/42 | 847 | 725,563 | |
4.38%, 09/01/42 | 563 | 478,795 | |
4.45%, 03/15/43 | 930 | 793,860 | |
5.15%, 09/01/43 | 713 | 669,769 | |
4.90%, 04/01/44 | 1,013 | 916,583 | |
4.55%, 09/01/44 | 813 | 699,757 | |
4.15%, 04/01/45 | 1,013 | 821,971 | |
4.70%, 09/01/45 | 338 | 295,771 | |
3.90%, 08/01/46 | 309 | 238,518 | |
4.13%, 06/15/47 | 763 | 609,921 | |
4.05%, 06/15/48 | 829 | 654,684 | |
4.15%, 12/15/48 | 913 | 730,754 | |
3.55%, 02/15/50 | 931 | 664,532 | |
3.05%, 02/15/51 | 329 | 212,452 | |
3.30%, 09/15/51 | 829 | 561,516 | |
2.88%, 06/15/52 | 575 | 353,971 | |
4.45%, 01/15/53 | 1,000 | 833,445 | |
5.20%, 04/15/54 | 1,510 | 1,413,083 | |
Canadian National Railway Co. | |||
6.25%, 08/01/34 | 400 | 427,195 | |
6.20%, 06/01/36 | 450 | 476,353 | |
6.38%, 11/15/37(a) | 250 | 267,716 | |
3.20%, 08/02/46 | 585 | 411,656 | |
3.65%, 02/03/48 | 593 | 448,469 | |
2.45%, 05/01/50(a) | 1,174 | 684,839 |
Security | Par (000) | Value | |
Ground Transportation (continued) | |||
Canadian National Railway Co. (continued) | |||
4.40%, 08/05/52(a) | $ | 793 | $ 664,669 |
6.13%, 11/01/53(a) | 310 | 336,815 | |
Canadian Pacific Railway Co. | |||
4.80%, 09/15/35 | 163 | 151,474 | |
5.95%, 05/15/37 | 500 | 503,956 | |
3.00%, 12/02/41(a) | 992 | 835,958 | |
4.30%, 05/15/43(a) | 400 | 328,838 | |
4.80%, 08/01/45 | 519 | 453,339 | |
4.95%, 08/15/45 | 450 | 396,785 | |
4.70%, 05/01/48 | 513 | 431,460 | |
3.50%, 05/01/50 | 463 | 323,597 | |
3.10%, 12/02/51 | 1,692 | 1,086,237 | |
4.20%, 11/15/69 | 377 | 278,735 | |
6.13%, 09/15/2115 | 963 | 952,407 | |
CSX Corp. | |||
6.00%, 10/01/36 | 300 | 311,941 | |
6.15%, 05/01/37 | 650 | 684,288 | |
6.22%, 04/30/40 | 550 | 578,722 | |
5.50%, 04/15/41 | 500 | 487,781 | |
4.75%, 05/30/42 | 1,011 | 898,841 | |
4.10%, 03/15/44 | 750 | 607,101 | |
3.80%, 11/01/46(a) | 750 | 568,029 | |
4.30%, 03/01/48 | 995 | 809,681 | |
4.75%, 11/15/48 | 450 | 392,999 | |
4.50%, 03/15/49 | 829 | 694,767 | |
3.35%, 09/15/49 | 590 | 404,990 | |
3.80%, 04/15/50 | 554 | 411,604 | |
3.95%, 05/01/50 | 571 | 435,428 | |
2.50%, 05/15/51 | 425 | 244,205 | |
4.50%, 11/15/52 | 650 | 544,671 | |
4.50%, 08/01/54 | 413 | 343,699 | |
4.25%, 11/01/66 | 663 | 501,564 | |
4.65%, 03/01/68(a) | 413 | 336,953 | |
Norfolk Southern Corp. | |||
4.84%, 10/01/41 | 600 | 536,432 | |
3.95%, 10/01/42 | 626 | 491,979 | |
4.45%, 06/15/45 | 563 | 467,155 | |
4.65%, 01/15/46 | 775 | 656,476 | |
3.94%, 11/01/47 | 745 | 562,065 | |
4.15%, 02/28/48(a) | 713 | 558,033 | |
4.10%, 05/15/49 | 400 | 306,571 | |
3.40%, 11/01/49 | 276 | 189,078 | |
3.05%, 05/15/50 | 875 | 554,250 | |
2.90%, 08/25/51 | 626 | 379,323 | |
4.05%, 08/15/52 | 829 | 626,523 | |
3.70%, 03/15/53 | 272 | 191,468 | |
4.55%, 06/01/53 | 675 | 557,840 | |
5.35%, 08/01/54 | 1,150 | 1,072,807 | |
3.16%, 05/15/55 | 854 | 527,479 | |
5.95%, 03/15/64 | 525 | 526,002 | |
4.10%, 05/15/2121(a) | 579 | 397,356 | |
Union Pacific Corp. | |||
3.38%, 02/01/35 | 413 | 344,354 | |
2.89%, 04/06/36 | 700 | 548,669 | |
3.60%, 09/15/37 | 436 | 357,669 | |
3.55%, 08/15/39 | 500 | 396,221 | |
3.20%, 05/20/41 | 925 | 686,572 | |
3.38%, 02/14/42 | 493 | 370,629 | |
4.05%, 11/15/45(a) | 163 | 129,602 | |
4.05%, 03/01/46 | 466 | 366,571 | |
4.50%, 09/10/48(a) | 413 | 345,972 |
Security | Par (000) | Value | |
Ground Transportation (continued) | |||
Union Pacific Corp. (continued) | |||
4.30%, 03/01/49 | $ | 550 | $ 445,839 |
3.25%, 02/05/50 | 1,711 | 1,170,174 | |
3.80%, 10/01/51 | 1,013 | 757,083 | |
2.95%, 03/10/52(a) | 1,086 | 684,138 | |
4.95%, 09/09/52 | 550 | 501,911 | |
3.50%, 02/14/53 | 1,316 | 924,572 | |
4.95%, 05/15/53 | 625 | 568,232 | |
3.95%, 08/15/59 | 645 | 470,162 | |
3.84%, 03/20/60 | 1,876 | 1,340,504 | |
3.55%, 05/20/61 | 977 | 654,519 | |
2.97%, 09/16/62 | 1,000 | 581,003 | |
5.15%, 01/20/63 | 200 | 181,325 | |
4.10%, 09/15/67 | 400 | 295,037 | |
3.75%, 02/05/70 | 650 | 445,261 | |
3.80%, 04/06/71 | 1,159 | 799,861 | |
3.85%, 02/14/72 | 451 | 315,788 | |
55,521,770 | |||
Health Care Equipment & Supplies — 1.1% | |||
Abbott Laboratories | |||
4.75%, 11/30/36 | 1,566 | 1,485,466 | |
6.15%, 11/30/37 | 500 | 532,637 | |
6.00%, 04/01/39 | 500 | 528,444 | |
5.30%, 05/27/40 | 613 | 604,888 | |
4.75%, 04/15/43 | 563 | 516,152 | |
4.90%, 11/30/46 | 3,125 | 2,866,916 | |
Baxter International, Inc. | |||
3.50%, 08/15/46 | 238 | 162,174 | |
3.13%, 12/01/51 | 671 | 412,507 | |
Boston Scientific Corp. | |||
6.50%, 11/15/35 | 240 | 258,965 | |
4.55%, 03/01/39(a) | 565 | 507,234 | |
7.38%, 01/15/40 | 250 | 286,072 | |
4.70%, 03/01/49(a) | 764 | 661,894 | |
Danaher Corp. | |||
4.38%, 09/15/45 | 375 | 321,138 | |
2.60%, 10/01/50 | 1,038 | 615,418 | |
2.80%, 12/10/51 | 1,060 | 650,567 | |
DH Europe Finance II SARL | |||
3.25%, 11/15/39 | 954 | 732,303 | |
3.40%, 11/15/49 | 958 | 673,015 | |
GE HealthCare Technologies, Inc., 6.38%, 11/22/52 | 815 | 868,690 | |
Koninklijke Philips NV | |||
6.88%, 03/11/38 | 674 | 715,915 | |
5.00%, 03/15/42 | 413 | 360,501 | |
Medtronic, Inc. | |||
4.38%, 03/15/35 | 1,938 | 1,782,326 | |
4.63%, 03/15/45 | 1,700 | 1,510,375 | |
Revvity, Inc., 3.63%, 03/15/51 | 300 | 199,897 | |
Solventum Corp.(b) | |||
5.90%, 04/30/54 | 1,025 | 956,984 | |
6.00%, 05/15/64 | 1,025 | 948,882 | |
STERIS Irish FinCo UnLtd Co., 3.75%, 03/15/51 | 500 | 353,900 | |
Stryker Corp. | |||
4.10%, 04/01/43 | 425 | 344,460 | |
4.38%, 05/15/44 | 350 | 295,087 | |
4.63%, 03/15/46 | 836 | 721,569 | |
2.90%, 06/15/50(a) | 638 | 408,159 | |
Thermo Fisher Scientific, Inc. | |||
2.80%, 10/15/41(a) | 1,177 | 812,588 | |
5.40%, 08/10/43(a) | 485 | 473,030 | |
5.30%, 02/01/44 | 400 | 381,526 |
Security | Par (000) | Value | |
Health Care Equipment & Supplies (continued) | |||
Thermo Fisher Scientific, Inc. (continued) | |||
4.10%, 08/15/47 | $ | 663 | $ 531,649 |
Zimmer Biomet Holdings, Inc.(a) | |||
5.75%, 11/30/39 | 250 | 242,103 | |
4.45%, 08/15/45 | 688 | 580,152 | |
24,303,583 | |||
Health Care Providers & Services — 4.5% | |||
AdventHealth Obligated Group, 2.80%, 11/15/51(a) | 66 | 41,063 | |
Adventist Health System, 3.63%, 03/01/49 | 127 | 89,226 | |
Advocate Health & Hospitals Corp. | |||
4.27%, 08/15/48 | 27 | 22,263 | |
3.39%, 10/15/49 | 1,585 | 1,114,007 | |
3.01%, 06/15/50(a) | 198 | 128,282 | |
Aetna, Inc. | |||
6.63%, 06/15/36 | 700 | 736,789 | |
6.75%, 12/15/37 | 400 | 426,490 | |
4.50%, 05/15/42 | 253 | 208,236 | |
4.13%, 11/15/42 | 400 | 308,853 | |
4.75%, 03/15/44 | 849 | 704,985 | |
3.88%, 08/15/47 | 869 | 623,854 | |
AHS Hospital Corp., 2.78%, 07/01/51 | 961 | 587,895 | |
Allina Health System, Series 2019, 3.89%, 04/15/49 | 142 | 106,428 | |
Ascension Health | |||
3.11%, 11/15/39 | 1,500 | 1,121,968 | |
3.95%, 11/15/46 | 1,243 | 993,466 | |
Banner Health | |||
2.91%, 01/01/42 | 1,140 | 795,976 | |
3.18%, 01/01/50 | 118 | 79,311 | |
2.91%, 01/01/51(a) | 231 | 145,656 | |
BayCare Health System, Inc., 3.83%, 11/15/50 | 213 | 163,618 | |
Baylor Scott & White Holdings, 2.84%, 11/15/50(a) | 2,496 | 1,589,797 | |
Bon Secours Mercy Health, Inc., 3.21%, 06/01/50 | 110 | 72,539 | |
Catholic Health Services of Long Island Obligated Group, 3.37%, 07/01/50 | 145 | 94,073 | |
Children’s Hospital Corp., 4.12%, 01/01/47 | 130 | 106,389 | |
Children’s Hospital Medical Center, 4.27%, 05/15/44 | 1,000 | 836,851 | |
Children’s Hospital of Philadelphia, 2.70%, 07/01/50(a) | 93 | 57,388 | |
City of Hope, 5.62%, 11/15/43 | 610 | 583,514 | |
Cleveland Clinic Foundation, 4.86%, 01/01/2114 | 250 | 214,841 | |
CommonSpirit Health | |||
5.32%, 12/01/34 | 405 | 390,600 | |
3.82%, 10/01/49(a) | 1,437 | 1,065,949 | |
4.19%, 10/01/49 | 1,761 | 1,374,951 | |
6.46%, 11/01/52(a) | 343 | 375,920 | |
5.55%, 12/01/54 | 705 | 672,771 | |
Community Health Network, Inc., 3.10%, 05/01/50 | 225 | 143,530 | |
Corewell Health Obligated Group, 3.49%, 07/15/49 | 1,000 | 720,125 | |
Cottage Health Obligated Group, 3.30%, 11/01/49 | 1,000 | 695,220 | |
Dartmouth-Hitchcock Health, 4.18%, 08/01/48 | 1,164 | 878,532 | |
Dignity Health, 5.27%, 11/01/64 | 26 | 22,972 | |
Duke University Health System, Inc., 3.92%, 06/01/47(a) | 862 | 678,333 | |
Elevance Health, Inc. | |||
5.95%, 12/15/34 | 350 | 356,800 | |
6.38%, 06/15/37 | 350 | 364,845 | |
4.63%, 05/15/42 | 775 | 670,415 | |
4.65%, 01/15/43 | 859 | 739,676 | |
5.10%, 01/15/44 | 745 | 675,083 | |
4.65%, 08/15/44 | 888 | 757,398 | |
4.38%, 12/01/47 | 1,479 | 1,193,448 |
Security | Par (000) | Value | |
Health Care Providers & Services (continued) | |||
Elevance Health, Inc. (continued) | |||
4.55%, 03/01/48 | $ | 820 | $ 680,469 |
3.70%, 09/15/49 | 800 | 573,721 | |
3.13%, 05/15/50 | 999 | 650,978 | |
3.60%, 03/15/51 | 1,220 | 857,582 | |
4.55%, 05/15/52 | 1,029 | 847,350 | |
6.10%, 10/15/52 | 610 | 624,402 | |
5.13%, 02/15/53 | 1,000 | 901,761 | |
Fred Hutchinson Cancer Center, 4.97%, 01/01/52 | 326 | 289,738 | |
Hackensack Meridian Health, Inc. | |||
2.88%, 09/01/50 | 657 | 422,279 | |
4.50%, 07/01/57 | 1,000 | 824,069 | |
Series 2020, 2.68%, 09/01/41 | 126 | 84,882 | |
Hartford HealthCare Corp., 3.45%, 07/01/54 | 113 | 76,642 | |
HCA, Inc. | |||
5.13%, 06/15/39 | 679 | 611,316 | |
4.38%, 03/15/42 | 500 | 399,494 | |
5.50%, 06/15/47 | 1,479 | 1,329,590 | |
5.25%, 06/15/49 | 1,856 | 1,606,057 | |
3.50%, 07/15/51 | 1,545 | 1,002,606 | |
4.63%, 03/15/52 | 1,906 | 1,492,875 | |
5.90%, 06/01/53 | 985 | 927,975 | |
6.00%, 04/01/54 | 1,490 | 1,420,014 | |
6.10%, 04/01/64 | 775 | 733,913 | |
Hoag Memorial Hospital Presbyterian, 3.80%, 07/15/52 | 1,127 | 858,238 | |
Humana, Inc. | |||
4.63%, 12/01/42 | 829 | 687,863 | |
4.95%, 10/01/44 | 563 | 482,502 | |
4.80%, 03/15/47 | 480 | 398,091 | |
3.95%, 08/15/49 | 375 | 275,319 | |
5.50%, 03/15/53 | 750 | 683,755 | |
5.75%, 04/15/54 | 525 | 493,307 | |
Indiana University Health, Inc. Obligated Group, 2.85%, 11/01/51 | 1,413 | 901,140 | |
Inova Health System Foundation, 4.07%, 05/15/52 | 25 | 19,926 | |
Integris Baptist Medical Center, Inc., 3.88%, 08/15/50 | 122 | 87,348 | |
Johns Hopkins Health System Corp., 3.84%, 05/15/46 | 1,113 | 876,791 | |
Kaiser Foundation Hospitals | |||
2.81%, 06/01/41 | 1,430 | 1,003,050 | |
4.15%, 05/01/47 | 919 | 744,539 | |
3.27%, 11/01/49(a) | 243 | 168,987 | |
3.00%, 06/01/51 | 3,055 | 1,975,929 | |
Laboratory Corp. of America Holdings, 4.70%, 02/01/45 | 721 | 615,363 | |
Mass General Brigham, Inc. | |||
3.77%, 07/01/48 | 600 | 456,562 | |
3.19%, 07/01/49(a) | 913 | 624,914 | |
3.34%, 07/01/60 | 329 | 212,998 | |
Mayo Clinic(a) | |||
4.13%, 11/15/52 | 225 | 183,380 | |
3.20%, 11/15/61 | 1,801 | 1,158,531 | |
MedStar Health, Inc., 3.63%, 08/15/49(a) | 25 | 18,049 | |
Memorial Health Services, 3.45%, 11/01/49 | 323 | 230,320 | |
Memorial Sloan-Kettering Cancer Center | |||
5.00%, 07/01/42 | 130 | 121,992 | |
2.96%, 01/01/50 | 1,505 | 983,686 | |
4.13%, 07/01/52(a) | 130 | 103,855 | |
Methodist Hospital, 2.71%, 12/01/50 | 942 | 575,558 | |
Montefiore Obligated Group, 4.29%, 09/01/50 | 300 | 179,908 |
Security | Par (000) | Value | |
Health Care Providers & Services (continued) | |||
Mount Nittany Medical Center Obligated Group, 3.80%, 11/15/52 | $ | 103 | $ 76,819 |
Mount Sinai Hospital | |||
3.98%, 07/01/48 | 1,500 | 1,154,141 | |
3.74%, 07/01/49(a) | 225 | 161,990 | |
3.39%, 07/01/50 | 120 | 78,097 | |
MultiCare Health System, 2.80%, 08/15/50 | 200 | 114,537 | |
Nationwide Children’s Hospital, Inc., 4.56%, 11/01/52 | 25 | 21,937 | |
New York and Presbyterian Hospital | |||
2.26%, 08/01/40 | 413 | 270,991 | |
4.02%, 08/01/45 | 97 | 78,865 | |
2.61%, 08/01/60(a) | 413 | 224,870 | |
3.95%, 08/01/2119 | 270 | 186,871 | |
Northwell Healthcare, Inc. | |||
3.98%, 11/01/46(a) | 130 | 99,775 | |
3.81%, 11/01/49 | 1,544 | 1,097,850 | |
Novant Health, Inc. | |||
2.64%, 11/01/36 | 66 | 48,530 | |
3.17%, 11/01/51(a) | 1,858 | 1,216,145 | |
3.32%, 11/01/61 | 141 | 88,347 | |
NYU Langone Hospitals | |||
5.75%, 07/01/43(a) | 500 | 508,696 | |
4.37%, 07/01/47(a) | 645 | 544,681 | |
3.38%, 07/01/55 | 500 | 333,910 | |
OhioHealth Corp., 2.83%, 11/15/41 | 272 | 189,711 | |
Orlando Health Obligated Group, 3.33%, 10/01/50(a) | 125 | 85,883 | |
PeaceHealth Obligated Group, 3.22%, 11/15/50 | 66 | 42,109 | |
Piedmont Healthcare, Inc., 2.72%, 01/01/42 | 106 | 71,745 | |
Presbyterian Healthcare Services, 4.88%, 08/01/52 | 108 | 97,613 | |
Providence St Joseph Health Obligated Group, 2.70%, 10/01/51(a) | 2,499 | 1,434,094 | |
Queen’s Health Systems, 4.81%, 07/01/52 | 60 | 53,318 | |
Quest Diagnostics, Inc., 4.70%, 03/30/45 | 363 | 311,680 | |
Rady Children’s Hospital-San Diego, 3.15%, 08/15/51 | 57 | 38,418 | |
RWJ Barnabas Health, Inc., 3.95%, 07/01/46 | 1,150 | 907,879 | |
Seattle Children’s Hospital, 2.72%, 10/01/50(a) | 113 | 69,837 | |
Sentara Healthcare, 2.93%, 11/01/51 | 63 | 40,008 | |
Stanford Health Care | |||
3.80%, 11/15/48 | 250 | 190,739 | |
3.03%, 08/15/51(a) | 579 | 376,235 | |
Summa Health, 3.51%, 11/15/51(a) | 130 | 90,712 | |
Sutter Health | |||
3.16%, 08/15/40 | 115 | 84,356 | |
4.09%, 08/15/48 | 27 | 21,593 | |
3.36%, 08/15/50 | 800 | 549,225 | |
5.55%, 08/15/53 | 915 | 905,113 | |
Texas Health Resources, 2.33%, 11/15/50 | 107 | 60,256 | |
Trinity Health Corp. | |||
2.63%, 12/01/40 | 29 | 19,922 | |
4.13%, 12/01/45 | 1,500 | 1,236,173 | |
3.43%, 12/01/48(a) | 64 | 47,716 | |
UMass Memorial Health Care Obligated Group, 5.36%, 07/01/52 | 212 | 194,523 | |
UnitedHealth Group, Inc. | |||
4.63%, 07/15/35 | 58 | 54,397 | |
5.80%, 03/15/36 | 1,000 | 1,028,678 | |
6.50%, 06/15/37 | 500 | 540,570 | |
6.63%, 11/15/37 | 800 | 872,610 | |
6.88%, 02/15/38 | 926 | 1,036,288 | |
3.50%, 08/15/39 | 1,384 | 1,087,084 | |
2.75%, 05/15/40 | 1,175 | 823,006 |
Security | Par (000) | Value | |
Health Care Providers & Services (continued) | |||
UnitedHealth Group, Inc. (continued) | |||
5.95%, 02/15/41(a) | $ | 26 | $ 26,675 |
3.05%, 05/15/41 | 1,639 | 1,185,947 | |
4.63%, 11/15/41 | 496 | 439,066 | |
4.38%, 03/15/42 | 650 | 557,036 | |
3.95%, 10/15/42 | 597 | 482,352 | |
4.25%, 03/15/43 | 663 | 559,746 | |
4.75%, 07/15/45 | 1,343 | 1,194,887 | |
4.20%, 01/15/47 | 620 | 501,114 | |
4.25%, 04/15/47 | 829 | 676,771 | |
3.75%, 10/15/47 | 863 | 645,520 | |
4.25%, 06/15/48 | 1,160 | 944,243 | |
4.45%, 12/15/48 | 1,579 | 1,326,334 | |
3.70%, 08/15/49 | 1,243 | 914,599 | |
2.90%, 05/15/50 | 1,069 | 675,010 | |
3.25%, 05/15/51 | 1,858 | 1,248,582 | |
4.75%, 05/15/52 | 2,000 | 1,739,910 | |
5.88%, 02/15/53(a) | 2,400 | 2,443,624 | |
5.05%, 04/15/53 | 1,600 | 1,455,601 | |
5.38%, 04/15/54 | 1,500 | 1,424,830 | |
3.88%, 08/15/59 | 379 | 275,225 | |
3.13%, 05/15/60(a) | 1,150 | 704,589 | |
4.95%, 05/15/62 | 1,000 | 872,734 | |
6.05%, 02/15/63 | 1,400 | 1,448,527 | |
5.20%, 04/15/63 | 1,805 | 1,644,194 | |
5.50%, 04/15/64 | 1,500 | 1,423,385 | |
UPMC, 5.38%, 05/15/43(a) | 500 | 479,461 | |
WakeMed, 3.29%, 10/01/52 | 59 | 39,765 | |
Willis-Knighton Medical Center, 4.81%, 09/01/48 | 528 | 451,942 | |
Yale-New Haven Health Services Corp., 2.50%, 07/01/50 | 57 | 32,430 | |
99,892,582 | |||
Health Care REITs — 0.1% | |||
Healthpeak OP LLC, 6.75%, 02/01/41(a) | 250 | 267,281 | |
Ventas Realty LP | |||
5.70%, 09/30/43 | 550 | 505,163 | |
4.88%, 04/15/49(a) | 300 | 243,064 | |
Welltower OP LLC | |||
6.50%, 03/15/41(a) | 350 | 365,608 | |
4.95%, 09/01/48 | 450 | 394,338 | |
1,775,454 | |||
Hotels, Restaurants & Leisure — 0.6% | |||
Darden Restaurants, Inc., 4.55%, 02/15/48 | 213 | 166,317 | |
McDonald’s Corp. | |||
4.70%, 12/09/35(a) | 696 | 648,619 | |
6.30%, 10/15/37 | 600 | 631,983 | |
6.30%, 03/01/38 | 829 | 871,943 | |
5.70%, 02/01/39 | 300 | 298,790 | |
4.88%, 07/15/40(a) | 50 | 45,736 | |
3.70%, 02/15/42 | 826 | 634,610 | |
3.63%, 05/01/43 | 175 | 132,067 | |
4.60%, 05/26/45 | 829 | 705,282 | |
4.88%, 12/09/45 | 1,654 | 1,460,811 | |
4.45%, 03/01/47 | 1,113 | 915,959 | |
4.45%, 09/01/48 | 650 | 538,831 | |
3.63%, 09/01/49 | 1,999 | 1,430,000 | |
4.20%, 04/01/50 | 822 | 647,973 | |
5.15%, 09/09/52 | 650 | 592,775 | |
5.45%, 08/14/53 | 690 | 657,579 | |
Starbucks Corp. | |||
3.75%, 12/01/47 | 929 | 685,694 | |
4.50%, 11/15/48 | 855 | 706,793 |
Security | Par (000) | Value | |
Hotels, Restaurants & Leisure (continued) | |||
Starbucks Corp. (continued) | |||
4.45%, 08/15/49 | $ | 625 | $ 510,079 |
3.35%, 03/12/50 | 754 | 505,211 | |
3.50%, 11/15/50 | 935 | 651,067 | |
13,438,119 | |||
Household Durables — 0.1% | |||
Leggett & Platt, Inc., 3.50%, 11/15/51(a) | 450 | 285,089 | |
MDC Holdings, Inc. | |||
6.00%, 01/15/43 | 529 | 519,540 | |
3.97%, 08/06/61 | 300 | 248,451 | |
PulteGroup, Inc., 6.00%, 02/15/35 | 300 | 301,455 | |
Whirlpool Corp. | |||
4.50%, 06/01/46 | 413 | 320,941 | |
4.60%, 05/15/50(a) | 446 | 343,097 | |
2,018,573 | |||
Household Products — 0.1% | |||
Church & Dwight Co., Inc. | |||
3.95%, 08/01/47 | 370 | 283,424 | |
5.00%, 06/15/52 | 400 | 360,059 | |
Kimberly-Clark Corp. | |||
6.63%, 08/01/37 | 600 | 667,110 | |
5.30%, 03/01/41 | 413 | 397,649 | |
3.20%, 07/30/46 | 136 | 94,145 | |
3.90%, 05/04/47 | 620 | 478,688 | |
2.88%, 02/07/50(a) | 660 | 427,451 | |
2,708,526 | |||
Industrial Conglomerates — 0.2% | |||
3M Co. | |||
5.70%, 03/15/37 | 600 | 612,092 | |
3.13%, 09/19/46 | 363 | 238,787 | |
3.63%, 10/15/47(a) | 1,050 | 744,092 | |
4.00%, 09/14/48(a) | 829 | 637,865 | |
3.25%, 08/26/49(a) | 905 | 601,536 | |
3.70%, 04/15/50(a) | 638 | 454,560 | |
3,288,932 | |||
Insurance — 3.5% | |||
Aflac, Inc. | |||
4.00%, 10/15/46 | 515 | 391,017 | |
4.75%, 01/15/49 | 493 | 426,552 | |
Alleghany Corp. | |||
4.90%, 09/15/44(a) | 150 | 135,952 | |
3.25%, 08/15/51 | 429 | 282,936 | |
Allstate Corp. | |||
5.55%, 05/09/35 | 450 | 447,673 | |
5.95%, 04/01/36 | 350 | 358,227 | |
4.50%, 06/15/43 | 422 | 354,189 | |
4.20%, 12/15/46 | 829 | 646,633 | |
3.85%, 08/10/49 | 309 | 227,607 | |
(3-mo. LIBOR US + 2.12%), 6.50%, 05/15/67(c) | 425 | 424,567 | |
American Financial Group, Inc., 4.50%, 06/15/47 | 745 | 589,639 | |
American International Group, Inc. | |||
3.88%, 01/15/35 | 500 | 430,694 | |
6.25%, 05/01/36 | 650 | 665,048 | |
4.50%, 07/16/44 | 800 | 672,734 | |
4.80%, 07/10/45 | 620 | 544,324 | |
4.75%, 04/01/48(a) | 929 | 807,337 | |
4.38%, 06/30/50 | 863 | 700,172 | |
Aon Corp., 6.25%, 09/30/40 | 155 | 160,411 | |
Aon Corp./Aon Global Holdings PLC | |||
2.90%, 08/23/51 | 450 | 270,046 |
Security | Par (000) | Value | |
Insurance (continued) | |||
Aon Corp./Aon Global Holdings PLC (continued) | |||
3.90%, 02/28/52 | $ | 839 | $ 605,436 |
Aon Global Ltd. | |||
4.60%, 06/14/44 | 488 | 405,650 | |
4.75%, 05/15/45 | 588 | 498,981 | |
Aon North America, Inc., 5.75%, 03/01/54 | 1,870 | 1,807,785 | |
Arch Capital Finance LLC, 5.03%, 12/15/46 | 600 | 526,637 | |
Arch Capital Group Ltd. | |||
7.35%, 05/01/34 | 250 | 275,151 | |
3.64%, 06/30/50 | 1,029 | 712,729 | |
Arch Capital Group U.S., Inc., 5.14%, 11/01/43 | 259 | 233,838 | |
Arthur J Gallagher & Co. | |||
5.45%, 07/15/34 | 400 | 388,584 | |
3.50%, 05/20/51 | 763 | 507,657 | |
3.05%, 03/09/52 | 300 | 179,776 | |
5.75%, 03/02/53 | 494 | 467,018 | |
6.75%, 02/15/54 | 685 | 737,610 | |
5.75%, 07/15/54 | 505 | 479,702 | |
Assured Guaranty U.S. Holdings, Inc., 3.60%, 09/15/51 | 400 | 270,505 | |
Athene Holding Ltd. | |||
3.95%, 05/25/51 | 394 | 276,951 | |
3.45%, 05/15/52 | 700 | 430,997 | |
6.25%, 04/01/54 | 1,025 | 996,284 | |
Berkshire Hathaway Finance Corp. | |||
5.75%, 01/15/40 | 700 | 732,112 | |
4.40%, 05/15/42 | 676 | 602,870 | |
4.30%, 05/15/43 | 563 | 488,371 | |
4.20%, 08/15/48 | 2,184 | 1,814,051 | |
4.25%, 01/15/49 | 1,879 | 1,578,578 | |
2.85%, 10/15/50(a) | 1,804 | 1,134,587 | |
2.50%, 01/15/51(a) | 628 | 372,303 | |
3.85%, 03/15/52 | 2,567 | 1,942,408 | |
Berkshire Hathaway, Inc., 4.50%, 02/11/43(a) | 911 | 829,836 | |
Brighthouse Financial, Inc. | |||
4.70%, 06/22/47 | 985 | 749,032 | |
3.85%, 12/22/51 | 350 | 218,276 | |
Brown & Brown, Inc., 4.95%, 03/17/52 | 570 | 471,566 | |
Chubb Corp. | |||
6.00%, 05/11/37 | 1,100 | 1,139,619 | |
6.50%, 05/15/38 | 526 | 570,598 | |
Chubb INA Holdings LLC | |||
6.70%, 05/15/36 | 200 | 219,942 | |
4.15%, 03/13/43 | 97 | 80,536 | |
4.35%, 11/03/45 | 1,334 | 1,117,790 | |
2.85%, 12/15/51(a) | 838 | 530,857 | |
3.05%, 12/15/61 | 836 | 516,751 | |
Cincinnati Financial Corp., 6.13%, 11/01/34 | 310 | 320,579 | |
Corebridge Financial, Inc. | |||
4.35%, 04/05/42 | 525 | 420,913 | |
4.40%, 04/05/52 | 1,155 | 886,166 | |
Equitable Holdings, Inc., 5.00%, 04/20/48 | 1,204 | 1,042,208 | |
Everest Reinsurance Holdings, Inc. | |||
3.50%, 10/15/50 | 1,213 | 792,160 | |
3.13%, 10/15/52 | 965 | 582,128 | |
Fairfax Financial Holdings Ltd., 6.35%, 03/22/54(b) | 790 | 780,996 | |
Fidelity National Financial, Inc., 3.20%, 09/17/51 | 422 | 257,115 | |
Hartford Financial Services Group, Inc. | |||
5.95%, 10/15/36 | 500 | 509,581 | |
6.10%, 10/01/41 | 176 | 178,827 | |
4.30%, 04/15/43 | 500 | 409,037 | |
4.40%, 03/15/48 | 350 | 286,205 |
Security | Par (000) | Value | |
Insurance (continued) | |||
Hartford Financial Services Group, Inc. (continued) | |||
3.60%, 08/19/49 | $ | 656 | $ 466,000 |
2.90%, 09/15/51 | 629 | 385,232 | |
Jackson Financial, Inc., 4.00%, 11/23/51 | 400 | 265,023 | |
Lincoln National Corp. | |||
6.30%, 10/09/37 | 363 | 357,970 | |
7.00%, 06/15/40 | 250 | 264,668 | |
4.35%, 03/01/48(a) | 230 | 169,571 | |
4.38%, 06/15/50 | 363 | 264,649 | |
Loews Corp. | |||
6.00%, 02/01/35 | 300 | 310,191 | |
4.13%, 05/15/43 | 400 | 323,845 | |
Manulife Financial Corp., 5.38%, 03/04/46 | 679 | 630,696 | |
Markel Group, Inc. | |||
5.00%, 04/05/46 | 400 | 345,955 | |
4.30%, 11/01/47 | 220 | 168,913 | |
5.00%, 05/20/49(a) | 600 | 518,561 | |
4.15%, 09/17/50 | 413 | 309,016 | |
3.45%, 05/07/52(a) | 575 | 375,753 | |
Marsh & McLennan Cos., Inc. | |||
4.75%, 03/15/39 | 375 | 340,662 | |
4.35%, 01/30/47 | 513 | 420,279 | |
4.20%, 03/01/48 | 288 | 228,370 | |
4.90%, 03/15/49 | 1,279 | 1,126,899 | |
2.90%, 12/15/51(a) | 518 | 315,100 | |
6.25%, 11/01/52 | 450 | 473,930 | |
5.45%, 03/15/53 | 710 | 672,552 | |
5.70%, 09/15/53 | 1,025 | 1,011,424 | |
5.45%, 03/15/54 | 300 | 286,339 | |
MetLife, Inc. | |||
6.38%, 06/15/34 | 613 | 650,176 | |
5.70%, 06/15/35 | 1,050 | 1,058,880 | |
5.88%, 02/06/41 | 655 | 656,073 | |
4.13%, 08/13/42 | 825 | 666,261 | |
4.88%, 11/13/43 | 1,036 | 920,015 | |
4.72%, 12/15/44 | 450 | 386,647 | |
4.05%, 03/01/45 | 1,013 | 797,497 | |
4.60%, 05/13/46 | 693 | 591,727 | |
5.00%, 07/15/52 | 1,185 | 1,056,682 | |
5.25%, 01/15/54(a) | 1,150 | 1,069,633 | |
Nationwide Financial Services, Inc., 6.75%, 05/15/87 | 340 | 336,937 | |
Old Republic International Corp., 3.85%, 06/11/51 | 650 | 448,068 | |
Principal Financial Group, Inc. | |||
6.05%, 10/15/36 | 400 | 409,047 | |
4.63%, 09/15/42 | 250 | 215,289 | |
4.35%, 05/15/43(a) | 300 | 248,958 | |
4.30%, 11/15/46 | 213 | 169,465 | |
5.50%, 03/15/53 | 325 | 302,402 | |
Progressive Corp. | |||
4.35%, 04/25/44 | 376 | 317,094 | |
3.70%, 01/26/45 | 130 | 99,483 | |
4.13%, 04/15/47 | 1,163 | 934,210 | |
4.20%, 03/15/48 | 413 | 336,353 | |
3.95%, 03/26/50 | 513 | 395,274 | |
3.70%, 03/15/52 | 655 | 479,995 | |
Prudential Financial, Inc. | |||
5.70%, 12/14/36 | 900 | 909,730 | |
6.63%, 12/01/37 | 300 | 325,313 | |
3.00%, 03/10/40 | 379 | 273,350 | |
4.60%, 05/15/44 | 763 | 647,295 | |
3.91%, 12/07/47 | 763 | 569,565 | |
4.42%, 03/27/48 | 450 | 366,077 |
Security | Par (000) | Value | |
Insurance (continued) | |||
Prudential Financial, Inc. (continued) | |||
3.94%, 12/07/49 | $ | 777 | $ 576,890 |
4.35%, 02/25/50 | 1,204 | 961,815 | |
3.70%, 03/13/51 | 1,511 | 1,083,276 | |
Transatlantic Holdings, Inc., 8.00%, 11/30/39 | 300 | 370,691 | |
Travelers Cos., Inc. | |||
6.75%, 06/20/36 | 163 | 179,533 | |
6.25%, 06/15/37 | 1,113 | 1,175,909 | |
5.35%, 11/01/40 | 650 | 630,659 | |
4.60%, 08/01/43 | 702 | 617,166 | |
4.30%, 08/25/45 | 163 | 135,161 | |
3.75%, 05/15/46 | 550 | 418,070 | |
4.00%, 05/30/47 | 763 | 601,024 | |
4.05%, 03/07/48 | 450 | 355,902 | |
4.10%, 03/04/49 | 163 | 130,414 | |
2.55%, 04/27/50 | 575 | 338,547 | |
3.05%, 06/08/51 | 829 | 538,733 | |
5.45%, 05/25/53(a) | 700 | 684,799 | |
Unum Group | |||
5.75%, 08/15/42 | 463 | 435,526 | |
4.50%, 12/15/49 | 163 | 124,670 | |
4.13%, 06/15/51 | 875 | 624,274 | |
W R Berkley Corp. | |||
4.75%, 08/01/44 | 300 | 254,362 | |
4.00%, 05/12/50 | 413 | 303,687 | |
3.55%, 03/30/52 | 413 | 274,337 | |
3.15%, 09/30/61(a) | 300 | 170,227 | |
Willis North America, Inc. | |||
5.05%, 09/15/48 | 400 | 348,040 | |
3.88%, 09/15/49 | 480 | 340,494 | |
5.90%, 03/05/54 | 750 | 719,209 | |
XL Group Ltd., 5.25%, 12/15/43(a) | 300 | 271,941 | |
78,247,497 | |||
Interactive Media & Services — 0.5% | |||
Alphabet, Inc.(a) | |||
1.90%, 08/15/40 | 1,141 | 726,275 | |
2.05%, 08/15/50 | 2,460 | 1,372,806 | |
2.25%, 08/15/60 | 1,701 | 920,286 | |
Meta Platforms, Inc. | |||
4.45%, 08/15/52 | 2,624 | 2,184,577 | |
5.60%, 05/15/53 | 2,245 | 2,226,452 | |
4.65%, 08/15/62 | 1,425 | 1,185,398 | |
5.75%, 05/15/63 | 1,590 | 1,584,496 | |
10,200,290 | |||
IT Services — 0.5% | |||
IBM International Capital Pte. Ltd. | |||
5.25%, 02/05/44 | 700 | 646,885 | |
5.30%, 02/05/54 | 1,200 | 1,094,539 | |
International Business Machines Corp. | |||
4.15%, 05/15/39 | 2,070 | 1,731,615 | |
5.60%, 11/30/39 | 850 | 843,073 | |
2.85%, 05/15/40 | 655 | 454,798 | |
4.00%, 06/20/42 | 902 | 719,983 | |
4.70%, 02/19/46(a) | 491 | 425,143 | |
4.25%, 05/15/49 | 2,795 | 2,219,799 | |
2.95%, 05/15/50 | 764 | 472,752 | |
3.43%, 02/09/52 | 550 | 368,051 | |
4.90%, 07/27/52(a) | 800 | 701,175 | |
5.10%, 02/06/53 | 750 | 678,869 |
Security | Par (000) | Value | |
IT Services (continued) | |||
International Business Machines Corp. (continued) | |||
7.13%, 12/01/96 | $ | 150 | $ 179,790 |
Kyndryl Holdings, Inc., 4.10%, 10/15/41 | 479 | 351,052 | |
10,887,524 | |||
Leisure Products — 0.1% | |||
Brunswick Corp., 5.10%, 04/01/52(a) | 329 | 251,682 | |
Harley-Davidson, Inc., 4.63%, 07/28/45(a) | 246 | 196,482 | |
Hasbro, Inc. | |||
6.35%, 03/15/40 | 463 | 461,041 | |
5.10%, 05/15/44(a) | 255 | 214,349 | |
Mattel, Inc., 5.45%, 11/01/41(a) | 250 | 218,805 | |
1,342,359 | |||
Machinery — 0.7% | |||
ABB Finance USA, Inc., 4.38%, 05/08/42 | 550 | 479,174 | |
Caterpillar, Inc. | |||
5.30%, 09/15/35(a) | 250 | 253,530 | |
6.05%, 08/15/36 | 690 | 730,554 | |
5.20%, 05/27/41 | 994 | 954,421 | |
3.80%, 08/15/42 | 1,203 | 962,569 | |
4.30%, 05/15/44 | 125 | 107,605 | |
3.25%, 09/19/49(a) | 829 | 578,077 | |
3.25%, 04/09/50 | 1,104 | 772,791 | |
4.75%, 05/15/64(a) | 400 | 349,243 | |
Deere & Co. | |||
3.90%, 06/09/42 | 1,179 | 967,770 | |
2.88%, 09/07/49 | 517 | 338,062 | |
3.75%, 04/15/50(a) | 750 | 582,507 | |
Dover Corp. | |||
5.38%, 10/15/35 | 300 | 297,094 | |
5.38%, 03/01/41(a) | 400 | 379,850 | |
Fortive Corp., 4.30%, 06/15/46 | 675 | 539,574 | |
Illinois Tool Works, Inc. | |||
4.88%, 09/15/41 | 569 | 527,124 | |
3.90%, 09/01/42 | 1,000 | 811,470 | |
Otis Worldwide Corp.(a) | |||
3.11%, 02/15/40 | 754 | 548,003 | |
3.36%, 02/15/50 | 676 | 461,153 | |
Parker-Hannifin Corp. | |||
4.20%, 11/21/34 | 763 | 685,884 | |
6.25%, 05/15/38 | 295 | 306,395 | |
4.45%, 11/21/44 | 525 | 438,386 | |
4.10%, 03/01/47 | 613 | 476,904 | |
4.00%, 06/14/49 | 663 | 510,162 | |
Rockwell Automation, Inc. | |||
4.20%, 03/01/49(a) | 479 | 388,839 | |
2.80%, 08/15/61 | 410 | 227,563 | |
Snap-on, Inc. | |||
4.10%, 03/01/48 | 350 | 280,931 | |
3.10%, 05/01/50(a) | 429 | 286,796 | |
Stanley Black & Decker, Inc. | |||
5.20%, 09/01/40 | 350 | 319,579 | |
4.85%, 11/15/48 | 463 | 384,535 | |
2.75%, 11/15/50 | 675 | 376,744 | |
Xylem, Inc./New York, 4.38%, 11/01/46(a) | 413 | 335,746 | |
15,659,035 | |||
Media — 4.2% | |||
Charter Communications Operating LLC/Charter Communications Operating Capital | |||
6.38%, 10/23/35 | 2,013 | 1,902,083 | |
5.38%, 04/01/38 | 829 | 686,820 | |
3.50%, 06/01/41 | 1,579 | 1,010,249 |
Security | Par (000) | Value | |
Media (continued) | |||
Charter Communications Operating LLC/Charter Communications Operating Capital (continued) | |||
3.50%, 03/01/42 | $ | 1,363 | $ 862,153 |
6.48%, 10/23/45 | 2,451 | 2,169,835 | |
5.38%, 05/01/47 | 2,543 | 1,944,090 | |
5.75%, 04/01/48 | 2,209 | 1,780,345 | |
5.13%, 07/01/49 | 1,229 | 900,445 | |
4.80%, 03/01/50 | 2,726 | 1,907,270 | |
3.70%, 04/01/51 | 2,146 | 1,255,663 | |
3.90%, 06/01/52 | 2,425 | 1,458,387 | |
5.25%, 04/01/53(a) | 1,352 | 1,014,884 | |
6.83%, 10/23/55 | 463 | 422,678 | |
3.85%, 04/01/61 | 1,867 | 1,043,159 | |
4.40%, 12/01/61 | 1,429 | 884,628 | |
3.95%, 06/30/62 | 1,343 | 762,499 | |
5.50%, 04/01/63 | 1,000 | 743,503 | |
Comcast Corp. | |||
4.20%, 08/15/34 | 953 | 854,413 | |
5.65%, 06/15/35 | 900 | 900,398 | |
4.40%, 08/15/35 | 163 | 146,907 | |
3.20%, 07/15/36 | 1,163 | 914,570 | |
6.45%, 03/15/37 | 350 | 370,412 | |
3.90%, 03/01/38 | 1,213 | 1,005,064 | |
4.60%, 10/15/38 | 1,370 | 1,220,462 | |
3.25%, 11/01/39 | 1,579 | 1,170,041 | |
3.75%, 04/01/40 | 1,629 | 1,290,933 | |
4.65%, 07/15/42 | 475 | 411,849 | |
4.75%, 03/01/44(a) | 308 | 269,884 | |
4.60%, 08/15/45 | 1,036 | 876,615 | |
3.40%, 07/15/46 | 1,413 | 990,390 | |
4.00%, 08/15/47 | 1,163 | 887,482 | |
3.97%, 11/01/47 | 2,093 | 1,586,932 | |
4.00%, 03/01/48 | 1,163 | 889,897 | |
4.70%, 10/15/48 | 1,736 | 1,498,323 | |
4.00%, 11/01/49 | 2,039 | 1,546,646 | |
3.45%, 02/01/50 | 1,750 | 1,202,059 | |
2.80%, 01/15/51 | 1,000 | 596,406 | |
2.89%, 11/01/51(a) | 4,859 | 2,938,577 | |
2.45%, 08/15/52(a) | 1,584 | 863,574 | |
4.05%, 11/01/52 | 1,097 | 828,045 | |
5.35%, 05/15/53 | 1,590 | 1,478,013 | |
2.94%, 11/01/56(a) | 5,751 | 3,356,067 | |
4.95%, 10/15/58 | 829 | 721,406 | |
2.65%, 08/15/62 | 1,300 | 682,476 | |
2.99%, 11/01/63 | 4,079 | 2,320,380 | |
5.50%, 05/15/64 | 1,265 | 1,178,433 | |
Discovery Communications LLC | |||
5.00%, 09/20/37(a) | 463 | 389,267 | |
6.35%, 06/01/40(a) | 700 | 663,168 | |
4.88%, 04/01/43(a) | 500 | 386,292 | |
5.20%, 09/20/47 | 1,099 | 864,889 | |
5.30%, 05/15/49 | 613 | 482,255 | |
4.65%, 05/15/50(a) | 1,079 | 782,163 | |
4.00%, 09/15/55(a) | 1,575 | 987,818 | |
Fox Corp. | |||
5.48%, 01/25/39 | 1,129 | 1,034,036 | |
5.58%, 01/25/49(a) | 1,429 | 1,268,638 | |
Grupo Televisa SAB | |||
6.63%, 01/15/40(a) | 463 | 450,846 | |
5.00%, 05/13/45 | 850 | 682,125 | |
6.13%, 01/31/46(a) | 702 | 655,931 | |
5.25%, 05/24/49(a) | 601 | 499,770 |
Security | Par (000) | Value | |
Media (continued) | |||
Interpublic Group of Cos., Inc. | |||
3.38%, 03/01/41 | $ | 464 | $ 329,610 |
5.40%, 10/01/48 | 500 | 448,572 | |
NBCUniversal Media LLC | |||
5.95%, 04/01/41(a) | 516 | 519,375 | |
4.45%, 01/15/43 | 680 | 572,037 | |
Paramount Global | |||
6.88%, 04/30/36 | 863 | 802,380 | |
5.90%, 10/15/40 | 200 | 163,197 | |
4.85%, 07/01/42 | 443 | 317,149 | |
4.38%, 03/15/43 | 1,186 | 785,684 | |
5.85%, 09/01/43 | 1,061 | 839,908 | |
5.25%, 04/01/44 | 163 | 117,451 | |
4.90%, 08/15/44(a) | 379 | 265,451 | |
4.60%, 01/15/45 | 600 | 402,026 | |
4.95%, 05/19/50 | 929 | 648,441 | |
Thomson Reuters Corp. | |||
5.50%, 08/15/35 | 350 | 344,261 | |
5.85%, 04/15/40(a) | 400 | 396,248 | |
5.65%, 11/23/43(a) | 279 | 262,120 | |
Time Warner Cable LLC | |||
6.55%, 05/01/37 | 1,463 | 1,329,864 | |
7.30%, 07/01/38 | 1,250 | 1,214,911 | |
6.75%, 06/15/39 | 1,701 | 1,558,136 | |
5.88%, 11/15/40 | 1,013 | 837,396 | |
5.50%, 09/01/41 | 825 | 656,716 | |
4.50%, 09/15/42 | 1,263 | 888,767 | |
TWDC Enterprises 18 Corp. | |||
4.38%, 08/16/41 | 500 | 426,076 | |
4.13%, 12/01/41 | 513 | 424,877 | |
3.70%, 12/01/42 | 500 | 389,799 | |
4.13%, 06/01/44 | 813 | 663,701 | |
3.00%, 07/30/46 | 600 | 395,850 | |
Walt Disney Co. | |||
6.20%, 12/15/34 | 788 | 840,525 | |
6.40%, 12/15/35 | 903 | 970,205 | |
6.65%, 11/15/37 | 1,536 | 1,693,620 | |
4.63%, 03/23/40 | 854 | 774,926 | |
3.50%, 05/13/40 | 1,250 | 973,528 | |
6.15%, 02/15/41 | 650 | 679,950 | |
5.40%, 10/01/43 | 650 | 628,601 | |
4.75%, 09/15/44 | 413 | 366,958 | |
4.95%, 10/15/45 | 450 | 407,516 | |
7.75%, 12/01/45(a) | 250 | 313,711 | |
4.75%, 11/15/46 | 373 | 326,463 | |
2.75%, 09/01/49 | 1,879 | 1,164,786 | |
4.70%, 03/23/50(a) | 1,552 | 1,373,888 | |
3.60%, 01/13/51 | 2,574 | 1,869,466 | |
3.80%, 05/13/60 | 1,364 | 988,042 | |
92,264,731 | |||
Metals & Mining — 1.3% | |||
ArcelorMittal SA | |||
7.00%, 10/15/39 | 696 | 736,479 | |
6.75%, 03/01/41 | 125 | 126,491 | |
Barrick Gold Corp. | |||
6.45%, 10/15/35 | 250 | 261,801 | |
5.25%, 04/01/42 | 300 | 279,961 | |
Barrick North America Finance LLC | |||
5.70%, 05/30/41 | 963 | 942,913 | |
5.75%, 05/01/43 | 713 | 700,457 |
Security | Par (000) | Value | |
Metals & Mining (continued) | |||
Barrick PD Australia Finance Pty. Ltd., 5.95%, 10/15/39 | $ | 713 | $ 706,514 |
BHP Billiton Finance USA Ltd. | |||
4.13%, 02/24/42 | 1,013 | 836,561 | |
5.00%, 09/30/43 | 2,084 | 1,900,282 | |
5.50%, 09/08/53 | 885 | 855,570 | |
Freeport-McMoRan, Inc. | |||
5.40%, 11/14/34 | 613 | 591,157 | |
5.45%, 03/15/43 | 1,644 | 1,506,960 | |
Newmont Corp. | |||
5.88%, 04/01/35 | 563 | 569,350 | |
6.25%, 10/01/39 | 800 | 829,432 | |
4.88%, 03/15/42 | 927 | 830,734 | |
5.45%, 06/09/44 | 380 | 357,400 | |
Newmont Corp./Newcrest Finance Pty. Ltd.(b) | |||
5.75%, 11/15/41 | 100 | 98,265 | |
4.20%, 05/13/50 | 400 | 313,165 | |
Nucor Corp. | |||
6.40%, 12/01/37 | 550 | 582,666 | |
5.20%, 08/01/43(a) | 350 | 328,407 | |
4.40%, 05/01/48(a) | 350 | 292,082 | |
3.85%, 04/01/52 | 550 | 409,687 | |
2.98%, 12/15/55 | 438 | 263,370 | |
Precision Castparts Corp. | |||
3.90%, 01/15/43 | 400 | 320,876 | |
4.38%, 06/15/45 | 413 | 348,666 | |
Rio Tinto Alcan, Inc., 5.75%, 06/01/35 | 250 | 252,979 | |
Rio Tinto Finance USA Ltd. | |||
5.20%, 11/02/40 | 1,088 | 1,036,618 | |
2.75%, 11/02/51 | 1,389 | 841,255 | |
Rio Tinto Finance USA PLC | |||
4.75%, 03/22/42 | 463 | 416,761 | |
4.13%, 08/21/42(a) | 738 | 609,430 | |
5.13%, 03/09/53 | 1,130 | 1,039,551 | |
Southern Copper Corp. | |||
7.50%, 07/27/35 | 990 | 1,117,462 | |
6.75%, 04/16/40 | 869 | 934,718 | |
5.25%, 11/08/42 | 1,250 | 1,137,500 | |
5.88%, 04/23/45 | 1,338 | 1,294,702 | |
Steel Dynamics, Inc., 3.25%, 10/15/50(a) | 421 | 267,814 | |
Teck Resources Ltd. | |||
6.13%, 10/01/35 | 165 | 164,696 | |
6.00%, 08/15/40 | 400 | 384,587 | |
6.25%, 07/15/41 | 630 | 620,705 | |
5.20%, 03/01/42 | 300 | 263,592 | |
5.40%, 02/01/43 | 560 | 499,477 | |
Vale Overseas Ltd. | |||
6.88%, 11/21/36 | 1,258 | 1,286,557 | |
6.88%, 11/10/39(a) | 1,226 | 1,257,533 | |
Vale SA, 5.63%, 09/11/42(a) | 379 | 356,497 | |
Valmont Industries, Inc., 5.00%, 10/01/44 | 829 | 697,102 | |
29,468,782 | |||
Office REITs — 0.1% | |||
Alexandria Real Estate Equities, Inc. | |||
4.75%, 04/15/35 | 510 | 464,530 | |
5.25%, 05/15/36(a) | 265 | 248,890 | |
4.85%, 04/15/49 | 113 | 92,241 | |
4.00%, 02/01/50 | 529 | 382,194 | |
3.00%, 05/18/51 | 730 | 429,432 | |
3.55%, 03/15/52 | 930 | 608,638 |
Security | Par (000) | Value | |
Office REITs (continued) | |||
Alexandria Real Estate Equities, Inc. (continued) | |||
5.15%, 04/15/53 | $ | 545 | $ 467,922 |
5.63%, 05/15/54 | 550 | 505,489 | |
3,199,336 | |||
Oil, Gas & Consumable Fuels — 8.1% | |||
Apache Corp. | |||
6.00%, 01/15/37(a) | 300 | 291,095 | |
5.10%, 09/01/40(a) | 1,775 | 1,477,374 | |
5.25%, 02/01/42 | 100 | 83,117 | |
4.75%, 04/15/43 | 125 | 96,210 | |
5.35%, 07/01/49 | 375 | 304,984 | |
Boardwalk Pipelines LP, 5.63%, 08/01/34 | 500 | 482,624 | |
BP Capital Markets America, Inc. | |||
3.06%, 06/17/41 | 1,530 | 1,099,278 | |
3.00%, 02/24/50 | 1,829 | 1,173,529 | |
2.77%, 11/10/50 | 1,609 | 974,743 | |
2.94%, 06/04/51(a) | 2,242 | 1,404,432 | |
3.00%, 03/17/52(a) | 1,363 | 861,255 | |
3.38%, 02/08/61 | 1,927 | 1,247,324 | |
Burlington Resources LLC, 5.95%, 10/15/36 | 250 | 256,406 | |
Canadian Natural Resources Ltd. | |||
5.85%, 02/01/35 | 300 | 293,104 | |
6.50%, 02/15/37 | 400 | 409,753 | |
6.25%, 03/15/38 | 1,150 | 1,159,153 | |
6.75%, 02/01/39 | 275 | 285,718 | |
4.95%, 06/01/47(a) | 643 | 549,188 | |
Cenovus Energy, Inc. | |||
5.25%, 06/15/37 | 290 | 264,944 | |
6.75%, 11/15/39 | 628 | 661,315 | |
5.40%, 06/15/47 | 527 | 470,814 | |
3.75%, 02/15/52(a) | 509 | 352,502 | |
Cheniere Corpus Christi Holdings LLC, 2.74%, 12/31/39 | 763 | 604,655 | |
Chevron Corp., 3.08%, 05/11/50(a) | 925 | 616,900 | |
Chevron USA, Inc. | |||
6.00%, 03/01/41 | 350 | 369,340 | |
5.25%, 11/15/43(a) | 300 | 292,110 | |
2.34%, 08/12/50 | 488 | 276,976 | |
CNOOC Petroleum North America ULC | |||
5.88%, 03/10/35 | 1,000 | 1,048,437 | |
6.40%, 05/15/37 | 1,329 | 1,458,179 | |
7.50%, 07/30/39(a) | 1,000 | 1,199,687 | |
Columbia Pipeline Group, Inc., 5.80%, 06/01/45 | 525 | 496,261 | |
ConocoPhillips | |||
6.50%, 02/01/39 | 1,450 | 1,574,394 | |
4.88%, 10/01/47 | 500 | 446,753 | |
ConocoPhillips Co. | |||
3.76%, 03/15/42 | 630 | 491,962 | |
4.30%, 11/15/44 | 729 | 606,677 | |
5.95%, 03/15/46 | 400 | 406,509 | |
3.80%, 03/15/52 | 913 | 671,055 | |
5.30%, 05/15/53 | 980 | 916,841 | |
5.55%, 03/15/54(a) | 1,240 | 1,198,062 | |
4.03%, 03/15/62 | 1,480 | 1,090,043 | |
5.70%, 09/15/63(a) | 700 | 687,048 | |
Continental Resources, Inc., 4.90%, 06/01/44(a) | 563 | 454,162 | |
DCP Midstream Operating LP, 5.60%, 04/01/44 | 350 | 327,791 | |
Devon Energy Corp. | |||
5.60%, 07/15/41 | 1,438 | 1,329,909 | |
4.75%, 05/15/42 | 719 | 598,042 |
Security | Par (000) | Value | |
Oil, Gas & Consumable Fuels (continued) | |||
Devon Energy Corp. (continued) | |||
5.00%, 06/15/45 | $ | 763 | $ 645,229 |
Diamondback Energy, Inc. | |||
4.40%, 03/24/51 | 613 | 484,235 | |
4.25%, 03/15/52 | 625 | 479,909 | |
6.25%, 03/15/53(a) | 600 | 613,322 | |
5.75%, 04/18/54 | 1,460 | 1,393,802 | |
5.90%, 04/18/64 | 925 | 879,928 | |
Eastern Gas Transmission & Storage, Inc. | |||
4.80%, 11/01/43(a) | 300 | 257,152 | |
4.60%, 12/15/44 | 500 | 412,531 | |
Enbridge Energy Partners LP | |||
7.50%, 04/15/38 | 350 | 393,183 | |
5.50%, 09/15/40 | 625 | 580,394 | |
7.38%, 10/15/45 | 510 | 568,438 | |
Enbridge, Inc. | |||
4.50%, 06/10/44 | 613 | 495,857 | |
5.50%, 12/01/46 | 250 | 232,082 | |
4.00%, 11/15/49(a) | 454 | 333,025 | |
3.40%, 08/01/51 | 989 | 649,079 | |
6.70%, 11/15/53(a) | 1,185 | 1,267,052 | |
5.95%, 04/05/54(a) | 735 | 711,725 | |
Energy Transfer LP | |||
4.90%, 03/15/35 | 463 | 423,820 | |
6.63%, 10/15/36 | 370 | 377,483 | |
5.80%, 06/15/38 | 500 | 478,987 | |
7.50%, 07/01/38 | 500 | 551,305 | |
6.05%, 06/01/41 | 700 | 673,282 | |
6.50%, 02/01/42 | 963 | 977,751 | |
6.10%, 02/15/42 | 250 | 241,161 | |
4.95%, 01/15/43 | 163 | 136,826 | |
5.15%, 02/01/43 | 413 | 352,991 | |
5.95%, 10/01/43 | 397 | 374,490 | |
5.30%, 04/01/44 | 626 | 549,461 | |
5.00%, 05/15/44 | 413 | 346,558 | |
5.15%, 03/15/45 | 1,029 | 884,167 | |
5.35%, 05/15/45 | 913 | 801,224 | |
6.13%, 12/15/45 | 1,036 | 995,436 | |
5.30%, 04/15/47 | 920 | 795,107 | |
5.40%, 10/01/47 | 1,479 | 1,297,817 | |
6.00%, 06/15/48 | 1,000 | 948,443 | |
6.25%, 04/15/49 | 1,779 | 1,735,178 | |
5.00%, 05/15/50 | 2,000 | 1,657,808 | |
5.95%, 05/15/54 | 1,675 | 1,578,637 | |
EnLink Midstream Partners LP | |||
5.60%, 04/01/44 | 300 | 259,794 | |
5.05%, 04/01/45 | 400 | 321,695 | |
5.45%, 06/01/47 | 400 | 339,098 | |
Enterprise Products Operating LLC | |||
6.65%, 10/15/34 | 300 | 323,403 | |
6.13%, 10/15/39 | 600 | 614,242 | |
6.45%, 09/01/40 | 600 | 634,870 | |
5.95%, 02/01/41 | 597 | 604,299 | |
4.85%, 08/15/42 | 1,100 | 978,968 | |
4.45%, 02/15/43 | 1,308 | 1,100,451 | |
4.85%, 03/15/44 | 1,529 | 1,350,311 | |
5.10%, 02/15/45 | 936 | 848,870 | |
4.90%, 05/15/46 | 911 | 804,745 | |
4.25%, 02/15/48 | 1,279 | 1,028,598 | |
4.80%, 02/01/49 | 1,329 | 1,152,206 | |
4.20%, 01/31/50 | 1,378 | 1,088,837 |
Security | Par (000) | Value | |
Oil, Gas & Consumable Fuels (continued) | |||
Enterprise Products Operating LLC (continued) | |||
3.70%, 01/31/51 | $ | 1,025 | $ 737,650 |
3.20%, 02/15/52 | 1,204 | 781,376 | |
3.30%, 02/15/53 | 981 | 648,047 | |
4.95%, 10/15/54 | 300 | 261,106 | |
3.95%, 01/31/60 | 1,000 | 716,720 | |
EOG Resources, Inc. | |||
3.90%, 04/01/35 | 450 | 395,951 | |
4.95%, 04/15/50 | 713 | 644,706 | |
Equinor ASA | |||
3.63%, 04/06/40 | 829 | 661,010 | |
5.10%, 08/17/40 | 911 | 868,931 | |
4.25%, 11/23/41 | 225 | 191,939 | |
3.95%, 05/15/43 | 1,250 | 1,009,386 | |
3.25%, 11/18/49 | 620 | 424,097 | |
3.70%, 04/06/50(a) | 1,604 | 1,188,055 | |
Exxon Mobil Corp. | |||
3.00%, 08/16/39 | 713 | 529,283 | |
4.23%, 03/19/40 | 1,944 | 1,691,352 | |
3.57%, 03/06/45 | 1,025 | 768,180 | |
4.11%, 03/01/46 | 2,254 | 1,837,720 | |
3.10%, 08/16/49 | 1,418 | 945,453 | |
4.33%, 03/19/50 | 2,493 | 2,069,574 | |
3.45%, 04/15/51 | 2,465 | 1,742,586 | |
Hess Corp. | |||
6.00%, 01/15/40 | 675 | 677,661 | |
5.60%, 02/15/41 | 1,129 | 1,098,387 | |
5.80%, 04/01/47 | 429 | 420,023 | |
Kinder Morgan Energy Partners LP | |||
5.80%, 03/15/35 | 679 | 667,079 | |
6.50%, 02/01/37 | 576 | 581,070 | |
6.95%, 01/15/38 | 1,086 | 1,157,679 | |
6.50%, 09/01/39 | 600 | 604,760 | |
6.55%, 09/15/40(a) | 275 | 278,327 | |
7.50%, 11/15/40 | 650 | 713,216 | |
6.38%, 03/01/41 | 413 | 409,385 | |
5.00%, 08/15/42 | 650 | 555,927 | |
4.70%, 11/01/42 | 400 | 328,937 | |
5.00%, 03/01/43 | 763 | 651,524 | |
5.50%, 03/01/44 | 645 | 582,484 | |
5.40%, 09/01/44 | 463 | 414,501 | |
Kinder Morgan, Inc. | |||
5.30%, 12/01/34 | 763 | 729,167 | |
5.55%, 06/01/45 | 1,586 | 1,454,787 | |
5.05%, 02/15/46 | 770 | 656,405 | |
5.20%, 03/01/48 | 686 | 592,262 | |
3.25%, 08/01/50 | 500 | 312,149 | |
3.60%, 02/15/51 | 1,029 | 686,116 | |
5.45%, 08/01/52(a) | 625 | 563,610 | |
Marathon Oil Corp. | |||
6.60%, 10/01/37 | 763 | 776,903 | |
5.20%, 06/01/45 | 463 | 395,530 | |
Marathon Petroleum Corp. | |||
6.50%, 03/01/41 | 1,150 | 1,192,737 | |
4.75%, 09/15/44 | 763 | 640,468 | |
4.50%, 04/01/48 | 459 | 364,868 | |
5.00%, 09/15/54(a) | 250 | 209,785 | |
MPLX LP | |||
4.50%, 04/15/38 | 1,425 | 1,217,808 | |
5.20%, 03/01/47 | 829 | 725,146 | |
5.20%, 12/01/47 | 413 | 360,639 | |
4.70%, 04/15/48 | 1,386 | 1,131,929 |
Security | Par (000) | Value | |
Oil, Gas & Consumable Fuels (continued) | |||
MPLX LP (continued) | |||
5.50%, 02/15/49 | $ | 1,329 | $ 1,207,491 |
4.95%, 03/14/52 | 1,421 | 1,187,675 | |
5.65%, 03/01/53 | 540 | 498,133 | |
4.90%, 04/15/58 | 500 | 400,514 | |
Occidental Petroleum Corp. | |||
6.45%, 09/15/36 | 1,350 | 1,393,189 | |
6.20%, 03/15/40 | 1,000 | 989,648 | |
6.60%, 03/15/46(a) | 1,000 | 1,029,637 | |
4.40%, 04/15/46 | 25 | 19,314 | |
4.20%, 03/15/48 | 1,650 | 1,216,661 | |
ONEOK Partners LP | |||
6.65%, 10/01/36 | 500 | 517,289 | |
6.85%, 10/15/37 | 400 | 419,954 | |
6.13%, 02/01/41 | 575 | 563,309 | |
6.20%, 09/15/43 | 300 | 296,574 | |
ONEOK, Inc. | |||
6.00%, 06/15/35(a) | 300 | 297,039 | |
5.15%, 10/15/43 | 400 | 350,567 | |
4.25%, 09/15/46 | 563 | 426,324 | |
4.95%, 07/13/47 | 854 | 712,432 | |
4.20%, 10/03/47 | 660 | 494,023 | |
5.20%, 07/15/48 | 563 | 488,515 | |
4.85%, 02/01/49(a) | 550 | 455,156 | |
4.45%, 09/01/49(a) | 625 | 481,329 | |
3.95%, 03/01/50 | 811 | 574,656 | |
4.50%, 03/15/50 | 413 | 317,229 | |
7.15%, 01/15/51 | 250 | 268,013 | |
6.63%, 09/01/53 | 1,600 | 1,668,817 | |
Ovintiv, Inc. | |||
6.50%, 08/15/34(a) | 413 | 424,498 | |
6.63%, 08/15/37 | 575 | 579,833 | |
6.50%, 02/01/38 | 343 | 343,960 | |
7.10%, 07/15/53(a) | 350 | 377,994 | |
Phillips 66 | |||
4.65%, 11/15/34 | 722 | 660,588 | |
5.88%, 05/01/42 | 1,276 | 1,274,215 | |
4.88%, 11/15/44 | 1,636 | 1,439,925 | |
3.30%, 03/15/52(a) | 967 | 627,205 | |
Phillips 66 Co. | |||
4.68%, 02/15/45 | 400 | 336,225 | |
4.90%, 10/01/46 | 713 | 617,526 | |
5.65%, 06/15/54 | 450 | 428,605 | |
Plains All American Pipeline LP/PAA Finance Corp. | |||
6.65%, 01/15/37 | 500 | 516,177 | |
5.15%, 06/01/42 | 450 | 388,082 | |
4.30%, 01/31/43 | 300 | 231,881 | |
4.70%, 06/15/44 | 620 | 504,534 | |
4.90%, 02/15/45 | 679 | 563,767 | |
Sabine Pass Liquefaction LLC, 5.90%, 09/15/37(a) | 350 | 350,738 | |
Shell International Finance BV | |||
4.13%, 05/11/35(a) | 1,440 | 1,294,478 | |
6.38%, 12/15/38 | 1,926 | 2,081,445 | |
5.50%, 03/25/40 | 775 | 771,844 | |
2.88%, 11/26/41 | 563 | 394,483 | |
3.63%, 08/21/42 | 600 | 466,174 | |
4.55%, 08/12/43 | 1,259 | 1,099,583 | |
4.38%, 05/11/45 | 2,923 | 2,450,820 | |
4.00%, 05/10/46 | 2,036 | 1,610,712 | |
3.75%, 09/12/46 | 1,095 | 831,456 | |
3.13%, 11/07/49 | 1,128 | 750,389 | |
3.25%, 04/06/50(a) | 1,939 | 1,316,152 |
Security | Par (000) | Value | |
Oil, Gas & Consumable Fuels (continued) | |||
Shell International Finance BV (continued) | |||
3.00%, 11/26/51 | $ | 1,000 | $ 634,533 |
Spectra Energy Partners LP | |||
5.95%, 09/25/43 | 350 | 337,801 | |
4.50%, 03/15/45 | 660 | 527,851 | |
Suncor Energy, Inc. | |||
5.95%, 12/01/34 | 400 | 403,770 | |
6.80%, 05/15/38 | 750 | 786,966 | |
6.50%, 06/15/38 | 1,318 | 1,351,539 | |
6.85%, 06/01/39 | 613 | 643,740 | |
4.00%, 11/15/47 | 829 | 605,404 | |
3.75%, 03/04/51(a) | 721 | 500,582 | |
Targa Resources Corp. | |||
4.95%, 04/15/52 | 852 | 709,384 | |
6.25%, 07/01/52 | 350 | 343,488 | |
6.50%, 02/15/53 | 800 | 818,805 | |
TotalEnergies Capital International SA | |||
2.99%, 06/29/41 | 700 | 499,384 | |
3.46%, 07/12/49 | 963 | 684,373 | |
3.13%, 05/29/50(a) | 2,204 | 1,471,233 | |
3.39%, 06/29/60 | 829 | 544,807 | |
TotalEnergies Capital SA | |||
5.49%, 04/05/54 | 1,525 | 1,483,860 | |
5.64%, 04/05/64 | 1,025 | 1,000,928 | |
TransCanada PipeLines Ltd. | |||
5.85%, 03/15/36 | 500 | 493,626 | |
6.20%, 10/15/37 | 880 | 882,413 | |
4.75%, 05/15/38(a) | 386 | 338,482 | |
7.25%, 08/15/38 | 513 | 562,005 | |
7.63%, 01/15/39 | 1,363 | 1,539,833 | |
6.10%, 06/01/40 | 500 | 492,045 | |
5.00%, 10/16/43 | 367 | 318,099 | |
4.88%, 05/15/48 | 870 | 727,408 | |
5.10%, 03/15/49(a) | 1,270 | 1,110,128 | |
Transcontinental Gas Pipe Line Co. LLC | |||
5.40%, 08/15/41 | 400 | 379,911 | |
4.45%, 08/01/42 | 163 | 137,686 | |
4.60%, 03/15/48 | 780 | 645,136 | |
3.95%, 05/15/50 | 413 | 304,269 | |
Valero Energy Corp. | |||
6.63%, 06/15/37 | 1,275 | 1,346,234 | |
4.90%, 03/15/45 | 413 | 361,984 | |
3.65%, 12/01/51(a) | 975 | 662,284 | |
4.00%, 06/01/52(a) | 519 | 374,225 | |
Western Midstream Operating LP | |||
5.45%, 04/01/44 | 180 | 157,927 | |
5.30%, 03/01/48 | 1,025 | 857,136 | |
5.50%, 08/15/48 | 300 | 254,140 | |
5.25%, 02/01/50 | 1,100 | 932,969 | |
Williams Cos., Inc. | |||
6.30%, 04/15/40 | 1,113 | 1,126,576 | |
5.80%, 11/15/43 | 350 | 334,938 | |
5.40%, 03/04/44 | 429 | 392,005 | |
5.75%, 06/24/44 | 504 | 478,884 | |
4.90%, 01/15/45 | 463 | 393,862 | |
5.10%, 09/15/45 | 945 | 831,946 | |
4.85%, 03/01/48 | 713 | 601,797 | |
3.50%, 10/15/51 | 600 | 400,943 | |
5.30%, 08/15/52 | 720 | 649,149 | |
179,093,573 |
Security | Par (000) | Value | |
Paper & Forest Products — 0.2% | |||
Celulosa Arauco y Constitucion SA, 5.50%, 11/02/47 | $ | 300 | $ 247,594 |
International Paper Co. | |||
5.00%, 09/15/35 | 500 | 470,809 | |
6.00%, 11/15/41 | 600 | 591,827 | |
4.80%, 06/15/44 | 966 | 826,678 | |
5.15%, 05/15/46 | 400 | 355,697 | |
4.40%, 08/15/47 | 613 | 490,144 | |
4.35%, 08/15/48 | 525 | 419,993 | |
Smurfit Kappa Treasury ULC, 5.78%, 04/03/54(b) | 750 | 717,241 | |
4,119,983 | |||
Passenger Airlines — 0.1% | |||
American Airlines Pass-Through Trust, Series 2021-1, Class A, 2.88%, 01/11/36(a) | 532 | 444,498 | |
United Airlines Pass-Through Trust, Series 2023-1, Class A, 5.80%, 07/15/37 | 1,200 | 1,192,425 | |
1,636,923 | |||
Personal Care Products — 0.4% | |||
Colgate-Palmolive Co. | |||
4.00%, 08/15/45 | 500 | 412,406 | |
3.70%, 08/01/47 | 620 | 482,078 | |
Estee Lauder Cos., Inc. | |||
6.00%, 05/15/37 | 300 | 311,188 | |
4.38%, 06/15/45 | 400 | 331,732 | |
4.15%, 03/15/47 | 363 | 288,095 | |
3.13%, 12/01/49 | 591 | 384,952 | |
5.15%, 05/15/53(a) | 580 | 536,494 | |
Haleon U.S. Capital LLC, 4.00%, 03/24/52(a) | 1,000 | 766,528 | |
Kenvue, Inc. | |||
5.10%, 03/22/43(a) | 630 | 594,405 | |
5.05%, 03/22/53 | 1,500 | 1,385,102 | |
5.20%, 03/22/63 | 700 | 647,719 | |
Procter & Gamble Co. | |||
5.80%, 08/15/34 | 350 | 372,452 | |
5.55%, 03/05/37 | 950 | 975,661 | |
3.55%, 03/25/40 | 463 | 376,148 | |
3.60%, 03/25/50 | 929 | 711,187 | |
Unilever Capital Corp., 2.63%, 08/12/51(a) | 704 | 433,508 | |
9,009,655 | |||
Pharmaceuticals — 7.0% | |||
AbbVie, Inc. | |||
4.55%, 03/15/35 | 1,895 | 1,759,464 | |
4.50%, 05/14/35 | 2,001 | 1,847,079 | |
4.30%, 05/14/36 | 1,030 | 927,148 | |
4.05%, 11/21/39 | 3,787 | 3,208,481 | |
4.40%, 11/06/42 | 2,910 | 2,508,052 | |
5.35%, 03/15/44 | 675 | 652,778 | |
4.85%, 06/15/44 | 1,036 | 939,137 | |
4.75%, 03/15/45 | 552 | 491,728 | |
4.70%, 05/14/45 | 2,398 | 2,122,539 | |
4.45%, 05/14/46 | 2,061 | 1,752,518 | |
4.88%, 11/14/48 | 2,054 | 1,857,065 | |
4.25%, 11/21/49 | 5,531 | 4,519,481 | |
5.40%, 03/15/54 | 2,840 | 2,749,606 | |
5.50%, 03/15/64(a) | 1,490 | 1,436,591 | |
AstraZeneca PLC | |||
6.45%, 09/15/37(a) | 2,475 | 2,691,718 | |
4.00%, 09/18/42 | 800 | 655,603 | |
4.38%, 11/16/45 | 1,262 | 1,064,309 | |
4.38%, 08/17/48 | 845 | 710,444 | |
2.13%, 08/06/50 | 448 | 246,553 |
Security | Par (000) | Value | |
Pharmaceuticals (continued) | |||
AstraZeneca PLC (continued) | |||
3.00%, 05/28/51 | $ | 650 | $ 426,527 |
Becton Dickinson & Co. | |||
4.69%, 12/15/44 | 944 | 810,749 | |
4.67%, 06/06/47 | 1,538 | 1,305,658 | |
3.79%, 05/20/50 | 397 | 291,618 | |
Bristol-Myers Squibb Co. | |||
4.13%, 06/15/39 | 1,763 | 1,490,426 | |
2.35%, 11/13/40 | 675 | 436,477 | |
3.55%, 03/15/42 | 1,040 | 792,556 | |
3.25%, 08/01/42 | 750 | 540,745 | |
5.50%, 02/22/44 | 240 | 232,830 | |
4.63%, 05/15/44 | 650 | 563,246 | |
5.00%, 08/15/45 | 775 | 702,352 | |
4.35%, 11/15/47 | 1,460 | 1,187,563 | |
4.55%, 02/20/48 | 1,142 | 962,981 | |
4.25%, 10/26/49 | 3,326 | 2,658,867 | |
2.55%, 11/13/50(a) | 1,589 | 914,940 | |
3.70%, 03/15/52 | 1,893 | 1,361,930 | |
6.25%, 11/15/53 | 1,080 | 1,144,213 | |
5.55%, 02/22/54 | 2,615 | 2,523,779 | |
3.90%, 03/15/62 | 864 | 613,374 | |
6.40%, 11/15/63 | 1,180 | 1,257,126 | |
5.65%, 02/22/64 | 1,525 | 1,459,625 | |
Cardinal Health, Inc. | |||
4.60%, 03/15/43 | 100 | 83,227 | |
4.50%, 11/15/44 | 400 | 325,097 | |
4.90%, 09/15/45 | 320 | 273,390 | |
4.37%, 06/15/47 | 513 | 406,826 | |
Cencora, Inc. | |||
4.25%, 03/01/45 | 363 | 300,665 | |
4.30%, 12/15/47 | 338 | 277,654 | |
Cigna Group | |||
4.80%, 08/15/38 | 1,854 | 1,659,691 | |
3.20%, 03/15/40 | 829 | 599,127 | |
6.13%, 11/15/41 | 350 | 357,366 | |
4.80%, 07/15/46 | 1,661 | 1,421,453 | |
3.88%, 10/15/47 | 620 | 457,250 | |
4.90%, 12/15/48 | 2,793 | 2,398,782 | |
3.40%, 03/15/50 | 954 | 635,711 | |
3.40%, 03/15/51 | 1,361 | 902,539 | |
5.60%, 02/15/54(a) | 1,475 | 1,389,267 | |
CVS Health Corp. | |||
4.88%, 07/20/35 | 529 | 485,998 | |
4.78%, 03/25/38 | 4,823 | 4,246,575 | |
6.13%, 09/15/39 | 200 | 198,181 | |
4.13%, 04/01/40 | 910 | 726,827 | |
2.70%, 08/21/40(a) | 1,208 | 789,679 | |
5.30%, 12/05/43 | 750 | 675,024 | |
5.13%, 07/20/45 | 3,256 | 2,833,221 | |
5.05%, 03/25/48 | 7,642 | 6,518,591 | |
4.25%, 04/01/50 | 621 | 470,820 | |
5.63%, 02/21/53(a) | 1,275 | 1,176,121 | |
5.88%, 06/01/53(a) | 1,340 | 1,276,581 | |
6.00%, 06/01/63 | 740 | 708,639 | |
Eli Lilly & Co. | |||
5.55%, 03/15/37 | 400 | 407,096 | |
3.70%, 03/01/45(a) | 829 | 646,136 | |
3.95%, 05/15/47 | 250 | 202,713 | |
3.95%, 03/15/49 | 800 | 633,939 | |
2.25%, 05/15/50(a) | 1,075 | 610,389 | |
4.88%, 02/27/53 | 1,060 | 969,923 | |
5.00%, 02/09/54 | 1,310 | 1,218,232 |
Security | Par (000) | Value | |
Pharmaceuticals (continued) | |||
Eli Lilly & Co. (continued) | |||
4.15%, 03/15/59 | $ | 500 | $ 397,501 |
2.50%, 09/15/60 | 796 | 433,742 | |
4.95%, 02/27/63 | 1,040 | 940,224 | |
5.10%, 02/09/64 | 1,475 | 1,369,388 | |
GlaxoSmithKline Capital, Inc. | |||
6.38%, 05/15/38 | 2,451 | 2,649,741 | |
4.20%, 03/18/43 | 496 | 417,513 | |
Johnson & Johnson | |||
3.55%, 03/01/36 | 970 | 828,577 | |
3.63%, 03/03/37 | 1,263 | 1,069,937 | |
5.95%, 08/15/37 | 725 | 771,859 | |
3.40%, 01/15/38 | 700 | 572,935 | |
5.85%, 07/15/38 | 600 | 634,102 | |
2.10%, 09/01/40 | 876 | 570,956 | |
4.50%, 09/01/40 | 291 | 266,520 | |
4.85%, 05/15/41(a) | 250 | 238,714 | |
4.50%, 12/05/43(a) | 620 | 562,736 | |
3.70%, 03/01/46 | 1,913 | 1,497,055 | |
3.75%, 03/03/47 | 850 | 665,567 | |
3.50%, 01/15/48 | 586 | 438,617 | |
2.25%, 09/01/50(a) | 1,025 | 592,250 | |
2.45%, 09/01/60 | 1,243 | 682,988 | |
Mead Johnson Nutrition Co. | |||
5.90%, 11/01/39 | 535 | 530,589 | |
4.60%, 06/01/44 | 463 | 390,602 | |
Merck & Co., Inc. | |||
6.55%, 09/15/37 | 350 | 383,201 | |
3.90%, 03/07/39 | 763 | 641,432 | |
2.35%, 06/24/40 | 1,059 | 708,172 | |
3.60%, 09/15/42 | 450 | 347,923 | |
4.15%, 05/18/43 | 1,295 | 1,078,676 | |
4.90%, 05/17/44 | 800 | 734,340 | |
3.70%, 02/10/45 | 1,951 | 1,496,823 | |
4.00%, 03/07/49 | 1,154 | 910,314 | |
2.45%, 06/24/50 | 929 | 538,483 | |
2.75%, 12/10/51 | 1,921 | 1,171,872 | |
5.00%, 05/17/53(a) | 1,520 | 1,395,420 | |
2.90%, 12/10/61 | 1,354 | 789,919 | |
5.15%, 05/17/63 | 1,015 | 938,768 | |
Merck Sharp & Dohme Corp., 5.75%, 11/15/36 | 300 | 310,368 | |
Mylan, Inc. | |||
5.40%, 11/29/43 | 438 | 369,386 | |
5.20%, 04/15/48 | 754 | 595,009 | |
Novartis Capital Corp. | |||
3.70%, 09/21/42(a) | 450 | 357,242 | |
4.40%, 05/06/44 | 1,836 | 1,593,539 | |
4.00%, 11/20/45 | 1,120 | 914,374 | |
2.75%, 08/14/50(a) | 1,110 | 702,006 | |
Pfizer Investment Enterprises Pte. Ltd. | |||
5.11%, 05/19/43 | 500 | 465,450 | |
5.30%, 05/19/53 | 10,255 | 9,563,172 | |
5.34%, 05/19/63(a) | 1,375 | 1,261,372 | |
Pfizer, Inc. | |||
4.00%, 12/15/36 | 763 | 664,899 | |
4.10%, 09/15/38 | 829 | 716,813 | |
3.90%, 03/15/39 | 813 | 671,717 | |
7.20%, 03/15/39 | 3,166 | 3,648,494 | |
2.55%, 05/28/40 | 1,109 | 754,053 | |
5.60%, 09/15/40 | 400 | 397,534 | |
4.30%, 06/15/43 | 1,913 | 1,612,059 | |
4.40%, 05/15/44(a) | 813 | 702,947 | |
4.13%, 12/15/46 | 1,243 | 1,004,237 |
Security | Par (000) | Value | |
Pharmaceuticals (continued) | |||
Pfizer, Inc. (continued) | |||
4.20%, 09/15/48 | $ | 813 | $ 657,066 |
4.00%, 03/15/49(a) | 829 | 653,250 | |
2.70%, 05/28/50(a) | 1,160 | 721,034 | |
Takeda Pharmaceutical Co. Ltd. | |||
3.03%, 07/09/40 | 1,041 | 742,740 | |
3.18%, 07/09/50 | 1,833 | 1,191,348 | |
3.38%, 07/09/60 | 1,078 | 676,004 | |
Utah Acquisition Sub, Inc., 5.25%, 06/15/46 | 988 | 789,192 | |
Viatris, Inc. | |||
3.85%, 06/22/40 | 1,329 | 938,677 | |
4.00%, 06/22/50 | 1,718 | 1,124,050 | |
Wyeth LLC, 5.95%, 04/01/37 | 1,563 | 1,612,250 | |
Zoetis, Inc. | |||
4.70%, 02/01/43 | 1,129 | 983,893 | |
3.95%, 09/12/47 | 463 | 352,421 | |
4.45%, 08/20/48 | 413 | 342,877 | |
3.00%, 05/15/50(a) | 229 | 146,983 | |
154,994,518 | |||
Professional Services — 0.0% | |||
Verisk Analytics, Inc. | |||
5.50%, 06/15/45 | 300 | 279,654 | |
3.63%, 05/15/50 | 472 | 328,579 | |
608,233 | |||
Real Estate Management & Development — 0.0% | |||
CBRE Services, Inc., 5.95%, 08/15/34 | 625 | 621,433 | |
Residential REITs — 0.1% | |||
NNN REIT, Inc.(a) | |||
3.10%, 04/15/50 | 629 | 388,290 | |
3.50%, 04/15/51 | 350 | 235,755 | |
3.00%, 04/15/52 | 378 | 228,257 | |
Realty Income Corp., 4.65%, 03/15/47 | 600 | 505,168 | |
1,357,470 | |||
Retail REITs — 0.2% | |||
Simon Property Group LP | |||
6.75%, 02/01/40 | 600 | 641,794 | |
4.75%, 03/15/42 | 476 | 411,740 | |
4.25%, 10/01/44 | 513 | 405,130 | |
4.25%, 11/30/46 | 413 | 324,440 | |
3.25%, 09/13/49(a) | 1,341 | 878,432 | |
3.80%, 07/15/50 | 829 | 594,371 | |
5.85%, 03/08/53 | 600 | 580,347 | |
6.65%, 01/15/54(a) | 415 | 444,902 | |
4,281,156 | |||
Semiconductors & Semiconductor Equipment — 2.5% | |||
Advanced Micro Devices, Inc., 4.39%, 06/01/52 | 455 | 378,328 | |
Analog Devices, Inc. | |||
2.80%, 10/01/41 | 701 | 482,915 | |
2.95%, 10/01/51 | 1,075 | 683,411 | |
5.30%, 04/01/54 | 650 | 618,380 | |
Applied Materials, Inc. | |||
5.10%, 10/01/35(a) | 400 | 396,171 | |
5.85%, 06/15/41 | 625 | 648,529 | |
4.35%, 04/01/47 | 995 | 848,556 | |
2.75%, 06/01/50 | 913 | 583,525 | |
Broadcom, Inc.(b) | |||
3.14%, 11/15/35 | 3,068 | 2,380,915 | |
3.19%, 11/15/36(a) | 2,525 | 1,936,154 | |
4.93%, 05/15/37 | 2,400 | 2,191,725 | |
3.50%, 02/15/41 | 2,866 | 2,129,438 |
Security | Par (000) | Value | |
Semiconductors & Semiconductor Equipment (continued) | |||
Broadcom, Inc.(b) (continued) | |||
3.75%, 02/15/51 | $ | 1,685 | $ 1,205,472 |
Intel Corp. | |||
4.60%, 03/25/40 | 625 | 552,477 | |
2.80%, 08/12/41 | 657 | 442,748 | |
4.80%, 10/01/41 | 740 | 657,540 | |
4.25%, 12/15/42 | 500 | 406,669 | |
5.63%, 02/10/43 | 1,380 | 1,341,315 | |
4.90%, 07/29/45(a) | 750 | 680,835 | |
4.10%, 05/19/46 | 1,123 | 882,036 | |
4.10%, 05/11/47 | 1,113 | 861,215 | |
3.73%, 12/08/47 | 1,909 | 1,367,385 | |
3.25%, 11/15/49 | 1,475 | 958,028 | |
4.75%, 03/25/50 | 2,156 | 1,809,387 | |
3.05%, 08/12/51 | 1,050 | 646,576 | |
4.90%, 08/05/52 | 1,625 | 1,393,596 | |
5.70%, 02/10/53 | 1,885 | 1,799,967 | |
5.60%, 02/21/54 | 1,085 | 1,020,995 | |
3.10%, 02/15/60(a) | 913 | 536,668 | |
4.95%, 03/25/60(a) | 829 | 706,609 | |
3.20%, 08/12/61 | 525 | 311,354 | |
5.05%, 08/05/62 | 800 | 685,065 | |
5.90%, 02/10/63 | 1,050 | 1,022,128 | |
KLA Corp. | |||
5.00%, 03/15/49(a) | 400 | 364,187 | |
3.30%, 03/01/50 | 711 | 487,083 | |
4.95%, 07/15/52(a) | 1,345 | 1,221,759 | |
5.25%, 07/15/62 | 820 | 759,794 | |
Lam Research Corp. | |||
4.88%, 03/15/49 | 1,004 | 902,019 | |
2.88%, 06/15/50(a) | 779 | 496,382 | |
3.13%, 06/15/60 | 675 | 416,292 | |
Micron Technology, Inc. | |||
3.37%, 11/01/41 | 363 | 257,622 | |
3.48%, 11/01/51 | 513 | 341,526 | |
NVIDIA Corp. | |||
3.50%, 04/01/40 | 988 | 794,341 | |
3.50%, 04/01/50 | 1,993 | 1,478,853 | |
3.70%, 04/01/60 | 693 | 509,318 | |
NXP BV/NXP Funding LLC/NXP USA, Inc. | |||
3.25%, 05/11/41 | 913 | 644,313 | |
3.13%, 02/15/42 | 463 | 314,812 | |
3.25%, 11/30/51 | 500 | 319,110 | |
QUALCOMM, Inc. | |||
4.65%, 05/20/35 | 963 | 916,255 | |
4.80%, 05/20/45 | 1,470 | 1,329,053 | |
4.30%, 05/20/47 | 1,643 | 1,365,986 | |
3.25%, 05/20/50(a) | 860 | 593,335 | |
4.50%, 05/20/52 | 1,267 | 1,065,719 | |
6.00%, 05/20/53(a) | 870 | 913,161 | |
Texas Instruments, Inc. | |||
3.88%, 03/15/39 | 829 | 705,521 | |
4.15%, 05/15/48 | 1,404 | 1,139,636 | |
2.70%, 09/15/51 | 450 | 272,097 | |
4.10%, 08/16/52 | 95 | 76,219 | |
5.00%, 03/14/53 | 495 | 453,356 | |
5.15%, 02/08/54 | 825 | 773,299 | |
5.05%, 05/18/63 | 1,450 | 1,313,543 | |
TSMC Arizona Corp. | |||
3.13%, 10/25/41 | 916 | 696,316 |
Security | Par (000) | Value | |
Semiconductors & Semiconductor Equipment (continued) | |||
TSMC Arizona Corp. (continued) | |||
3.25%, 10/25/51 | $ | 750 | $ 536,250 |
4.50%, 04/22/52(a) | 1,180 | 1,069,006 | |
55,092,275 | |||
Software — 2.7% | |||
Electronic Arts, Inc., 2.95%, 02/15/51 | 571 | 357,014 | |
Fidelity National Information Services, Inc. | |||
3.10%, 03/01/41(a) | 666 | 463,602 | |
4.50%, 08/15/46 | 300 | 238,604 | |
Fiserv, Inc., 4.40%, 07/01/49 | 1,677 | 1,339,845 | |
Intuit, Inc., 5.50%, 09/15/53 | 1,185 | 1,158,687 | |
Microsoft Corp. | |||
3.50%, 02/12/35(a) | 1,465 | 1,294,963 | |
4.20%, 11/03/35 | 575 | 538,620 | |
3.45%, 08/08/36 | 1,692 | 1,440,773 | |
4.10%, 02/06/37 | 850 | 776,208 | |
5.30%, 02/08/41(a) | 750 | 779,597 | |
4.45%, 11/03/45 | 1,000 | 906,267 | |
3.70%, 08/08/46 | 1,729 | 1,370,776 | |
4.25%, 02/06/47(a) | 1,500 | 1,325,035 | |
4.50%, 06/15/47(b) | 350 | 311,107 | |
2.53%, 06/01/50 | 5,911 | 3,617,391 | |
2.50%, 09/15/50(a)(b) | 1,460 | 876,618 | |
2.92%, 03/17/52(a) | 5,902 | 3,890,065 | |
4.00%, 02/12/55 | 125 | 101,626 | |
4.50%, 02/06/57 | 709 | 633,693 | |
2.68%, 06/01/60 | 3,458 | 2,028,931 | |
3.04%, 03/17/62 | 2,340 | 1,493,341 | |
Oracle Corp. | |||
4.30%, 07/08/34 | 1,066 | 946,741 | |
3.90%, 05/15/35 | 1,213 | 1,023,987 | |
3.85%, 07/15/36 | 1,370 | 1,122,359 | |
3.80%, 11/15/37 | 1,670 | 1,337,606 | |
6.50%, 04/15/38 | 1,200 | 1,250,184 | |
6.13%, 07/08/39 | 1,413 | 1,419,945 | |
3.60%, 04/01/40 | 2,609 | 1,954,909 | |
5.38%, 07/15/40 | 2,129 | 1,965,403 | |
3.65%, 03/25/41 | 2,560 | 1,907,629 | |
4.50%, 07/08/44 | 913 | 738,707 | |
4.13%, 05/15/45 | 2,041 | 1,556,828 | |
4.00%, 07/15/46 | 2,591 | 1,919,559 | |
4.00%, 11/15/47 | 1,718 | 1,260,844 | |
3.60%, 04/01/50 | 4,269 | 2,887,326 | |
3.95%, 03/25/51 | 2,834 | 2,024,619 | |
6.90%, 11/09/52 | 2,600 | 2,822,785 | |
5.55%, 02/06/53 | 2,375 | 2,182,740 | |
4.38%, 05/15/55 | 1,211 | 914,147 | |
3.85%, 04/01/60 | 3,341 | 2,223,838 | |
4.10%, 03/25/61 | 1,450 | 1,008,611 | |
Salesforce, Inc. | |||
2.70%, 07/15/41 | 1,179 | 805,678 | |
2.90%, 07/15/51 | 2,073 | 1,301,685 | |
3.05%, 07/15/61 | 970 | 586,492 | |
60,105,385 | |||
Specialty Retail — 0.0% | |||
Dick’s Sporting Goods, Inc., 4.10%, 01/15/52 | 580 | 393,555 | |
Technology Hardware, Storage & Peripherals — 1.5% | |||
Apple, Inc. | |||
4.50%, 02/23/36 | 1,263 | 1,207,928 | |
2.38%, 02/08/41 | 1,500 | 1,007,659 | |
3.85%, 05/04/43 | 3,025 | 2,478,801 |
Security | Par (000) | Value | |
Technology Hardware, Storage & Peripherals (continued) | |||
Apple, Inc. (continued) | |||
4.45%, 05/06/44 | $ | 1,163 | $ 1,044,366 |
3.45%, 02/09/45 | 2,069 | 1,567,018 | |
4.38%, 05/13/45 | 2,013 | 1,750,118 | |
4.65%, 02/23/46 | 3,492 | 3,147,217 | |
3.85%, 08/04/46 | 2,020 | 1,606,624 | |
4.25%, 02/09/47(a) | 1,163 | 993,561 | |
3.75%, 09/12/47 | 800 | 619,285 | |
3.75%, 11/13/47 | 1,036 | 801,997 | |
2.95%, 09/11/49 | 1,386 | 917,307 | |
2.65%, 05/11/50 | 2,644 | 1,631,554 | |
2.40%, 08/20/50 | 1,473 | 865,855 | |
2.65%, 02/08/51 | 2,536 | 1,556,016 | |
2.70%, 08/05/51 | 1,815 | 1,118,431 | |
3.95%, 08/08/52 | 1,950 | 1,536,173 | |
4.85%, 05/10/53(a) | 680 | 630,754 | |
2.55%, 08/20/60(a) | 829 | 483,291 | |
2.80%, 02/08/61 | 1,373 | 806,734 | |
2.85%, 08/05/61 | 1,255 | 746,787 | |
4.10%, 08/08/62 | 1,200 | 942,530 | |
Dell International LLC/EMC Corp. | |||
8.10%, 07/15/36 | 901 | 1,049,887 | |
3.38%, 12/15/41 | 879 | 626,751 | |
8.35%, 07/15/46 | 310 | 384,209 | |
3.45%, 12/15/51 | 753 | 495,580 | |
Dell, Inc., 6.50%, 04/15/38(a) | 329 | 342,961 | |
Hewlett Packard Enterprise Co. | |||
6.20%, 10/15/35 | 663 | 682,808 | |
6.35%, 10/15/45 | 1,220 | 1,240,075 | |
HP, Inc., 6.00%, 09/15/41 | 988 | 980,325 | |
33,262,602 | |||
Textiles, Apparel & Luxury Goods — 0.1% | |||
NIKE, Inc. | |||
3.25%, 03/27/40 | 1,154 | 883,840 | |
3.63%, 05/01/43 | 450 | 349,783 | |
3.88%, 11/01/45 | 863 | 679,811 | |
3.38%, 11/01/46 | 343 | 245,736 | |
3.38%, 03/27/50 | 1,450 | 1,029,223 | |
3,188,393 | |||
Tobacco — 1.3% | |||
Altria Group, Inc. | |||
5.80%, 02/14/39(a) | 1,793 | 1,750,976 | |
3.40%, 02/04/41 | 1,579 | 1,105,745 | |
4.25%, 08/09/42 | 850 | 662,961 | |
4.50%, 05/02/43 | 629 | 505,439 | |
5.38%, 01/31/44(a) | 1,844 | 1,723,183 | |
3.88%, 09/16/46 | 1,436 | 1,017,171 | |
5.95%, 02/14/49(a) | 2,343 | 2,259,995 | |
4.45%, 05/06/50 | 541 | 407,755 | |
3.70%, 02/04/51 | 1,145 | 754,148 | |
4.00%, 02/04/61(a) | 979 | 664,797 | |
BAT Capital Corp. | |||
4.39%, 08/15/37 | 2,466 | 2,024,236 | |
3.73%, 09/25/40 | 730 | 528,381 | |
7.08%, 08/02/43 | 700 | 725,197 | |
4.54%, 08/15/47 | 2,469 | 1,847,563 | |
4.76%, 09/06/49 | 970 | 748,394 | |
5.28%, 04/02/50 | 463 | 384,537 | |
3.98%, 09/25/50 | 946 | 657,655 | |
5.65%, 03/16/52 | 454 | 395,122 | |
7.08%, 08/02/53 | 900 | 941,971 |
Security | Par (000) | Value | |
Tobacco (continued) | |||
Philip Morris International, Inc. | |||
6.38%, 05/16/38 | $ | 1,225 | $ 1,288,275 |
4.38%, 11/15/41 | 845 | 696,786 | |
4.50%, 03/20/42 | 760 | 634,338 | |
3.88%, 08/21/42 | 713 | 545,309 | |
4.13%, 03/04/43 | 971 | 765,596 | |
4.88%, 11/15/43 | 588 | 510,905 | |
4.25%, 11/10/44 | 1,050 | 833,361 | |
Reynolds American, Inc. | |||
5.70%, 08/15/35(a) | 618 | 593,418 | |
7.25%, 06/15/37 | 400 | 421,483 | |
6.15%, 09/15/43 | 497 | 477,000 | |
5.85%, 08/15/45 | 2,450 | 2,208,204 | |
28,079,901 | |||
Transportation Infrastructure — 0.6% | |||
FedEx Corp. | |||
3.90%, 02/01/35 | 423 | 365,052 | |
3.25%, 05/15/41 | 708 | 501,902 | |
3.88%, 08/01/42 | 500 | 380,706 | |
4.10%, 04/15/43 | 500 | 389,041 | |
5.10%, 01/15/44 | 650 | 578,551 | |
4.10%, 02/01/45 | 600 | 460,047 | |
4.75%, 11/15/45 | 1,146 | 962,341 | |
4.55%, 04/01/46 | 1,095 | 890,923 | |
4.40%, 01/15/47 | 763 | 604,366 | |
4.05%, 02/15/48 | 1,403 | 1,049,422 | |
4.95%, 10/17/48 | 704 | 604,605 | |
5.25%, 05/15/50(a) | 979 | 883,856 | |
United Parcel Service, Inc. | |||
6.20%, 01/15/38 | 1,151 | 1,224,611 | |
5.20%, 04/01/40 | 379 | 363,828 | |
4.88%, 11/15/40 | 350 | 321,498 | |
3.63%, 10/01/42 | 463 | 357,524 | |
3.40%, 11/15/46(a) | 317 | 230,453 | |
3.75%, 11/15/47 | 1,030 | 776,714 | |
4.25%, 03/15/49 | 879 | 716,411 | |
3.40%, 09/01/49 | 575 | 405,124 | |
5.30%, 04/01/50 | 1,154 | 1,102,029 | |
5.05%, 03/03/53 | 1,200 | 1,106,967 | |
14,275,971 | |||
Water Utilities — 0.2% | |||
American Water Capital Corp. | |||
6.59%, 10/15/37 | 800 | 864,042 | |
4.30%, 12/01/42 | 625 | 528,466 | |
4.30%, 09/01/45 | 163 | 133,670 | |
4.00%, 12/01/46 | 280 | 218,737 | |
3.75%, 09/01/47 | 613 | 453,534 | |
4.20%, 09/01/48 | 500 | 399,583 | |
4.15%, 06/01/49 | 413 | 326,719 | |
3.45%, 05/01/50 | 500 | 346,854 | |
3.25%, 06/01/51(a) | 745 | 501,275 | |
5.45%, 03/01/54 | 450 | 424,418 | |
Essential Utilities, Inc. | |||
4.28%, 05/01/49 | 400 | 308,054 | |
3.35%, 04/15/50 | 604 | 399,543 | |
5.30%, 05/01/52 | 579 | 513,196 | |
5,418,091 | |||
Wireless Telecommunication Services — 1.7% | |||
America Movil SAB de C.V. | |||
6.38%, 03/01/35 | 900 | 949,275 |
Security | Par (000) | Value | |
Wireless Telecommunication Services (continued) | |||
America Movil SAB de C.V. (continued) | |||
6.13%, 11/15/37 | $ | 300 | $ 308,211 |
6.13%, 03/30/40 | 1,650 | 1,661,583 | |
4.38%, 07/16/42 | 1,371 | 1,136,216 | |
4.38%, 04/22/49(a) | 1,228 | 990,259 | |
Orange SA | |||
5.38%, 01/13/42 | 812 | 764,754 | |
5.50%, 02/06/44 | 750 | 715,353 | |
Rogers Communications, Inc. | |||
7.50%, 08/15/38 | 200 | 224,827 | |
4.50%, 03/15/42(a) | 976 | 803,627 | |
4.50%, 03/15/43 | 500 | 408,755 | |
5.45%, 10/01/43 | 525 | 481,496 | |
5.00%, 03/15/44 | 1,013 | 875,783 | |
4.30%, 02/15/48 | 736 | 566,530 | |
4.35%, 05/01/49 | 1,036 | 799,515 | |
3.70%, 11/15/49 | 979 | 675,888 | |
4.55%, 03/15/52 | 1,998 | 1,580,277 | |
T-Mobile U.S., Inc. | |||
4.38%, 04/15/40 | 2,211 | 1,883,601 | |
3.00%, 02/15/41 | 1,959 | 1,369,664 | |
4.50%, 04/15/50 | 3,050 | 2,480,694 | |
3.30%, 02/15/51 | 2,600 | 1,706,653 | |
3.40%, 10/15/52 | 3,259 | 2,153,226 | |
5.65%, 01/15/53 | 1,850 | 1,774,107 | |
5.75%, 01/15/54 | 1,450 | 1,407,346 | |
6.00%, 06/15/54 | 1,005 | 1,011,368 | |
5.50%, 01/15/55(a) | 690 | 647,792 | |
3.60%, 11/15/60 | 1,606 | 1,051,910 | |
5.80%, 09/15/62 | 650 | 630,628 | |
Vodafone Group PLC | |||
6.15%, 02/27/37 | 1,263 | 1,289,418 | |
5.00%, 05/30/38(a) | 500 | 467,480 | |
4.38%, 02/19/43 | 1,037 | 848,095 | |
5.25%, 05/30/48 | 1,300 | 1,172,632 | |
4.88%, 06/19/49 | 1,343 | 1,137,498 | |
4.25%, 09/17/50 | 860 | 654,256 | |
5.63%, 02/10/53 | 1,625 | 1,521,102 | |
5.13%, 06/19/59 | 496 | 424,539 | |
5.75%, 02/10/63 | 400 | 377,884 | |
36,952,242 | |||
Total Corporate Bonds — 88.0% (Cost: $2,291,480,091) | 1,947,879,079 | ||
Foreign Agency Obligations | |||
Chile — 0.5% | |||
Chile Government International Bond | |||
4.95%, 01/05/36 | 1,500 | 1,395,469 | |
3.10%, 05/07/41 | 2,525 | 1,770,656 | |
4.34%, 03/07/42(a) | 1,625 | 1,349,766 | |
3.63%, 10/30/42 | 300 | 220,956 | |
3.86%, 06/21/47 | 975 | 722,109 | |
3.50%, 01/25/50 | 2,103 | 1,444,498 | |
4.00%, 01/31/52(a) | 960 | 711,600 | |
5.33%, 01/05/54 | 1,470 | 1,333,791 | |
3.10%, 01/22/61 | 2,132 | 1,247,220 | |
3.25%, 09/21/71(a) | 708 | 415,286 | |
10,611,351 |
Security | Par (000) | Value | |
Hungary — 0.1% | |||
Hungary Government International Bond, 7.63%, 03/29/41 | $ | 1,516 | $ 1,683,480 |
Indonesia — 0.4% | |||
Indonesia Government International Bond | |||
4.35%, 01/11/48(a) | 1,666 | 1,368,386 | |
5.35%, 02/11/49 | 900 | 855,281 | |
3.70%, 10/30/49(a) | 1,000 | 726,250 | |
3.50%, 02/14/50(a) | 678 | 471,210 | |
4.20%, 10/15/50(a) | 1,528 | 1,208,552 | |
3.05%, 03/12/51 | 1,889 | 1,230,211 | |
4.30%, 03/31/52 | 750 | 599,766 | |
5.45%, 09/20/52(a) | 575 | 547,751 | |
5.65%, 01/11/53(a) | 630 | 617,006 | |
5.10%, 02/10/54 | 750 | 681,640 | |
3.20%, 09/23/61 | 478 | 292,828 | |
4.45%, 04/15/70(a) | 1,000 | 787,188 | |
3.35%, 03/12/71 | 750 | 461,484 | |
9,847,553 | |||
Israel — 0.3% | |||
Israel Government International Bond | |||
4.50%, 01/30/43 | 1,785 | 1,436,367 | |
4.13%, 01/17/48 | 978 | 708,512 | |
3.88%, 07/03/50 | 1,978 | 1,364,820 | |
5.75%, 03/12/54 | 2,700 | 2,436,750 | |
4.50%, 12/31/99 | 850 | 583,313 | |
State of Israel, 3.38%, 01/15/50 | 1,778 | 1,117,362 | |
7,647,124 | |||
Italy — 0.1% | |||
Republic of Italy Government International Bond | |||
4.00%, 10/17/49 | 2,383 | 1,666,830 | |
3.88%, 05/06/51 | 2,178 | 1,463,685 | |
3,130,515 | |||
Mexico — 1.5% | |||
Mexico Government International Bond | |||
6.75%, 09/27/34 | 1,497 | 1,547,524 | |
6.35%, 02/09/35 | 2,605 | 2,593,603 | |
6.00%, 05/07/36 | 3,000 | 2,886,000 | |
6.05%, 01/11/40 | 2,406 | 2,290,963 | |
4.28%, 08/14/41 | 2,232 | 1,710,968 | |
4.75%, 03/08/44 | 3,522 | 2,784,141 | |
5.55%, 01/21/45(a) | 2,565 | 2,274,033 | |
4.60%, 01/23/46(a) | 2,282 | 1,742,877 | |
4.35%, 01/15/47(a) | 1,547 | 1,139,366 | |
4.60%, 02/10/48(a) | 1,722 | 1,305,491 | |
4.50%, 01/31/50(a) | 1,729 | 1,289,186 | |
5.00%, 04/27/51(a) | 2,360 | 1,879,887 | |
4.40%, 02/12/52 | 2,075 | 1,495,297 | |
6.34%, 05/04/53 | 2,864 | 2,670,680 | |
6.40%, 05/07/54 | 2,250 | 2,111,625 | |
3.77%, 05/24/61(a) | 2,710 | 1,638,195 | |
5.75%, 12/31/99(a) | 2,472 | 2,049,442 | |
33,409,278 | |||
Panama — 0.7% | |||
Panama Government International Bond | |||
6.40%, 02/14/35 | 2,000 | 1,832,000 | |
6.70%, 01/26/36 | 1,938 | 1,821,114 | |
6.88%, 01/31/36 | 1,020 | 963,263 | |
8.00%, 03/01/38 | 1,100 | 1,122,344 |
Security | Par (000) | Value | |
Panama (continued) | |||
Panama Government International Bond (continued) | |||
4.50%, 05/15/47 | $ | 1,150 | $ 758,281 |
4.50%, 04/16/50 | 2,068 | 1,328,690 | |
4.30%, 04/29/53 | 1,578 | 971,456 | |
6.85%, 03/28/54 | 1,350 | 1,176,609 | |
4.50%, 04/01/56 | 2,008 | 1,247,470 | |
7.88%, 03/01/57 | 650 | 637,813 | |
3.87%, 07/23/60(a) | 2,803 | 1,537,270 | |
4.50%, 01/19/63 | 1,500 | 917,813 | |
14,314,123 | |||
Peru — 0.3% | |||
Peruvian Government International Bond | |||
6.55%, 03/14/37 | 1,113 | 1,153,694 | |
3.30%, 03/11/41(a) | 959 | 680,291 | |
5.63%, 11/18/50 | 2,460 | 2,282,419 | |
3.55%, 03/10/51(a) | 1,750 | 1,175,781 | |
2.78%, 12/01/60(a) | 1,736 | 916,282 | |
3.60%, 01/15/72(a) | 925 | 563,094 | |
3.23%, 12/31/99 | 913 | 481,322 | |
7,252,883 | |||
Philippines — 0.6% | |||
Philippines Government International Bond | |||
6.38%, 10/23/34 | 1,750 | 1,869,219 | |
5.00%, 01/13/37 | 1,128 | 1,074,772 | |
3.95%, 01/20/40 | 1,850 | 1,508,328 | |
3.70%, 03/01/41 | 1,926 | 1,505,289 | |
3.70%, 02/02/42 | 1,903 | 1,475,034 | |
2.95%, 05/05/45 | 1,478 | 973,633 | |
2.65%, 12/10/45 | 1,310 | 807,288 | |
3.20%, 07/06/46 | 1,910 | 1,294,235 | |
4.20%, 03/29/47 | 900 | 716,625 | |
5.95%, 10/13/47 | 700 | 710,577 | |
5.50%, 01/17/48(a) | 1,200 | 1,158,132 | |
13,093,132 | |||
Poland — 0.3% | |||
Republic of Poland Government International Bond | |||
5.13%, 09/18/34 | 1,500 | 1,443,375 | |
5.50%, 04/04/53 | 2,350 | 2,223,359 | |
5.50%, 03/18/54 | 3,250 | 3,059,712 | |
6,726,446 | |||
South Korea — 0.1% | |||
Export-Import Bank of Korea, 2.50%, 06/29/41(a) | 478 | 322,698 | |
Korea International Bond | |||
4.13%, 06/10/44(a) | 1,000 | 849,470 | |
3.88%, 09/20/48 | 345 | 275,855 | |
1,448,023 | |||
Supranational — 0.1% | |||
European Investment Bank, 4.88%, 02/15/36 | 750 | 749,219 | |
Inter-American Development Bank | |||
3.20%, 08/07/42 | 370 | 285,892 | |
4.38%, 01/24/44 | 225 | 203,911 | |
International Bank for Reconstruction & Development, 4.75%, 02/15/35(a) | 413 | 405,594 | |
1,644,616 | |||
Uruguay — 0.4% | |||
Uruguay Government International Bond | |||
5.75%, 10/28/34 | 1,625 | 1,651,813 | |
7.63%, 03/21/36(a) | 1,050 | 1,224,234 |
Security | Par (000) | Value | |
Uruguay (continued) | |||
Uruguay Government International Bond (continued) | |||
4.13%, 11/20/45(a) | $ | 800 | $ 668,800 |
5.10%, 06/18/50 | 3,956 | 3,597,982 | |
4.98%, 04/20/55(a) | 2,524 | 2,222,382 | |
9,365,211 | |||
Total Foreign Agency Obligations — 5.4% (Cost: $142,918,324) | 120,173,735 | ||
Municipal Bonds | |||
Arizona — 0.0% | |||
Salt River Project Agricultural Improvement & Power District, RB, BAB, 4.84%, 01/01/41 | 910 | 841,406 | |
California — 1.4% | |||
Bay Area Toll Authority, RB, BAB | |||
Series F-2, 6.26%, 04/01/49 | 610 | 640,626 | |
Series S-1, 6.92%, 04/01/40 | 500 | 546,941 | |
Series S-1, 7.04%, 04/01/50 | 25 | 28,722 | |
Series S-3, 6.91%, 10/01/50(a) | 1,540 | 1,760,567 | |
Bay Area Toll Authority, Refunding RB, Series F-3, 3.13%, 04/01/55 | 845 | 554,207 | |
California Health Facilities Financing Authority, RB, M/F Housing, Sustainability Bonds, 4.35%, 06/01/41(a) | 500 | 438,818 | |
California State University, RB | |||
Series B, 5.18%, 11/01/53 | 1,245 | 1,173,234 | |
Series E, 2.90%, 11/01/51 | 125 | 85,977 | |
California State University, Refunding RB | |||
Series B, 2.98%, 11/01/51 | 835 | 557,601 | |
Series B, 2.72%, 11/01/52 | 270 | 172,702 | |
City of Los Angeles Department of Airports Customer Facility Charge Revenue, Refunding ARB, Class A, Sustainability Bonds, (AGM), 4.24%, 05/15/48 | 540 | 453,033 | |
City of San Francisco California Public Utilities Commission Water Revenue, RB, BAB, 6.95%, 11/01/50 | 25 | 28,277 | |
East Bay Municipal Utility District Water System Revenue, RB, BAB, 5.87%, 06/01/40 | 1,525 | 1,536,699 | |
Foothill-Eastern Transportation Corridor Agency, Refunding RB | |||
Series A, 4.09%, 01/15/49 | 195 | 154,301 | |
Series A, (AGM), 3.92%, 01/15/53 | 110 | 83,770 | |
Golden State Tobacco Securitization Corp., Refunding RB | |||
Class B, (SAP), 3.29%, 06/01/42 | 1,420 | 1,050,674 | |
Class B, (SAP), 3.00%, 06/01/46 | 90 | 82,272 | |
Series A-1, 3.71%, 06/01/41 | 210 | 157,758 | |
Series A-1, 4.21%, 06/01/50 | 210 | 152,560 | |
Los Angeles Community College District, GO, BAB, 6.75%, 08/01/49(a) | 1,315 | 1,481,283 | |
Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue, RB, BAB, 5.74%, 06/01/39 | 625 | 625,073 | |
Los Angeles County Public Works Financing Authority, Refunding RB, BAB, 7.62%, 08/01/40 | 25 | 28,964 | |
Los Angeles Department of Water & Power, RB, BAB, 6.57%, 07/01/45 | 1,300 | 1,413,227 | |
Regents of the University of California Medical Center Pooled Revenue, RB | |||
Series N, 3.26%, 05/15/60(a) | 290 | 186,552 | |
Series N, 3.71%, 05/15/2120 | 1,400 | 888,155 |
Security | Par (000) | Value | |
California (continued) | |||
Regents of the University of California Medical Center Pooled Revenue, RB (continued) | |||
Series Q, 4.56%, 05/15/53 | $ | 1,135 | $ 975,710 |
Regents of the University of California Medical Center Pooled Revenue, RB, BAB, Series H, 6.55%, 05/15/48 | 55 | 60,182 | |
Regents of the University of California Medical Center Pooled Revenue, Refunding RB, BAB, Series F, 6.58%, 05/15/49 | 490 | 534,288 | |
San Diego County Regional Transportation Commission, RB, BAB, 5.91%, 04/01/48 | 190 | 190,011 | |
San Diego County Water Authority, RB, BAB, Series B, 6.14%, 05/01/49 | 1,030 | 1,065,362 | |
San Joaquin Hills Transportation Corridor Agency, Refunding RB, Series B, (AGM), 3.49%, 01/15/50 | 225 | 163,824 | |
State of California, GO, BAB | |||
7.55%, 04/01/39 | 1,465 | 1,723,751 | |
7.30%, 10/01/39 | 3,390 | 3,838,031 | |
7.35%, 11/01/39 | 1,270 | 1,446,686 | |
7.63%, 03/01/40 | 2,480 | 2,909,080 | |
7.60%, 11/01/40(a) | 1,525 | 1,801,780 | |
State of California, Refunding GO | |||
4.60%, 04/01/38 | 100 | 92,832 | |
5.20%, 03/01/43(a) | 265 | 255,649 | |
University of California, RB | |||
Series AD, 4.86%, 05/15/2112 | 225 | 192,712 | |
Series AQ, 4.77%, 05/15/2115 | 333 | 274,519 | |
29,806,410 | |||
Colorado — 0.0% | |||
Regional Transportation District Sales Tax Revenue, RB, BAB, Series B, 5.84%, 11/01/50 | 25 | 25,564 | |
District of Columbia — 0.1% | |||
District of Columbia Income Tax Revenue, RB, BAB, Series E, 5.59%, 12/01/34 | 1,125 | 1,120,094 | |
District of Columbia Water & Sewer Authority, RB, Series A, Senior Lien, Sustainability Bonds, 4.81%, 10/01/2114(a) | 530 | 451,339 | |
District of Columbia Water & Sewer Authority, Refunding RB, Series D, Subordinate Lien, 3.21%, 10/01/48 | 95 | 68,129 | |
Metropolitan Washington Airports Authority Dulles Toll Road Revenue, RB, BAB, 7.46%, 10/01/46 | 25 | 29,581 | |
1,669,143 | |||
Florida — 0.0% | |||
County of Miami-Dade Florida Aviation Revenue, Refunding RB, Series C, 4.28%, 10/01/41 | 540 | 472,456 | |
County of Miami-Dade Florida Transit System, Refunding RB, Series B, 2.60%, 07/01/42 | 90 | 64,295 | |
County of Miami-Dade Seaport Department, ARB, 6.22%, 11/01/55 | 85 | 87,971 | |
624,722 | |||
Georgia — 0.1% | |||
City of Atlanta Georgia Water & Wastewater Revenue, Refunding RB, 2.26%, 11/01/35 | 150 | 116,812 | |
Municipal Electric Authority of Georgia, Refunding RB, BAB | |||
6.64%, 04/01/57 | 1,002 | 1,077,630 | |
6.66%, 04/01/57 | 813 | 880,753 | |
2,075,195 |
Security | Par (000) | Value | |
Idaho — 0.0% | |||
Idaho Energy Resources Authority, RB, 2.86%, 09/01/46(a) | $ | 25 | $ 16,548 |
Illinois — 0.3% | |||
Chicago O’Hare International Airport, ARB(a) | |||
Series C, Senior Lien, 4.47%, 01/01/49 | 100 | 87,807 | |
Series C, Senior Lien, 4.57%, 01/01/54 | 100 | 88,228 | |
Chicago O’Hare International Airport, Refunding ARB, BAB, Series B, 6.40%, 01/01/40 | 890 | 936,588 | |
Chicago Transit Authority Sales & Transfer Tax Receipts Revenue, RB | |||
Series A, 6.90%, 12/01/40 | 407 | 443,378 | |
Series B, 6.90%, 12/01/40 | 1,106 | 1,203,473 | |
Chicago Transit Authority Sales Tax Receipts Fund, RB, BAB, Series B, 6.20%, 12/01/40 | 345 | 354,699 | |
Metropolitan Water Reclamation District of Greater Chicago, GO, BAB, 5.72%, 12/01/38 | 670 | 667,435 | |
Sales Tax Securitization Corp., Refunding RB | |||
Series B, 3.59%, 01/01/43 | 320 | 259,098 | |
Series B, 2nd Lien, 3.24%, 01/01/42 | 1,030 | 795,777 | |
State of Illinois, GO, BAB, 7.35%, 07/01/35 | 896 | 944,571 | |
5,781,054 | |||
Indiana — 0.0% | |||
Indiana Finance Authority, Refunding RB, 3.05%, 01/01/51 | 55 | 38,525 | |
Kansas — 0.0% | |||
Kansas Development Finance Authority, RB, Series K, (BAM), 2.77%, 05/01/51(a) | 90 | 59,623 | |
Louisiana — 0.1% | |||
Louisiana Local Government Environmental Facilities & Community Development Authority, RB | |||
Class A-4, 4.48%, 08/01/39 | 1,460 | 1,338,493 | |
Series A-3, 5.20%, 12/01/39 | 495 | 485,998 | |
State of Louisiana Gasoline & Fuels Tax Revenue, Refunding RB, Series A, 2.95%, 05/01/41(a) | 150 | 109,774 | |
1,934,265 | |||
Massachusetts — 0.1% | |||
Commonwealth of Massachusetts, GO, Series H, 2.90%, 09/01/49 | 25 | 16,852 | |
Commonwealth of Massachusetts, GO, BAB, 5.46%, 12/01/39 | 820 | 825,032 | |
Massachusetts School Building Authority, RB, BAB, 5.72%, 08/15/39 | 670 | 680,438 | |
Massachusetts School Building Authority, Refunding RB, Sub-Series B, 3.40%, 10/15/40 | 55 | 43,922 | |
Massachusetts Water Resources Authority, Refunding RB, Series C, Sustainability Bonds, 2.82%, 08/01/41 | 110 | 82,798 | |
1,649,042 | |||
Michigan — 0.2% | |||
Michigan Finance Authority, Refunding RB | |||
3.08%, 12/01/34 | 90 | 75,920 | |
3.38%, 12/01/40 | 1,555 | 1,232,442 | |
Michigan State Building Authority, Refunding RB, Series 2, 2.71%, 10/15/40 | 155 | 113,943 | |
Michigan State University, RB, Series A, 4.17%, 08/15/2122 | 243 | 177,378 | |
University of Michigan, RB | |||
Series A, 3.50%, 04/01/52(a) | 55 | 40,721 | |
Series A, 4.45%, 04/01/2122 | 1,547 | 1,225,225 | |
Series B, 2.44%, 04/01/40 | 475 | 331,876 |
Security | Par (000) | Value | |
Michigan (continued) | |||
University of Michigan, RB (continued) | |||
Series B, 2.56%, 04/01/50 | $ | 1,163 | $ 722,266 |
University of Michigan, Refunding RB, Series C, 3.60%, 04/01/47 | 1,000 | 811,677 | |
4,731,448 | |||
Minnesota — 0.0% | |||
University of Minnesota, RB, 4.05%, 04/01/52(a) | 118 | 96,305 | |
Missouri — 0.0% | |||
Health & Educational Facilities Authority of the State of Missouri, RB, Series A, 3.65%, 08/15/57 | 750 | 545,170 | |
Health & Educational Facilities Authority of the State of Missouri, Refunding RB, Class A, 3.23%, 05/15/50 | 155 | 109,196 | |
654,366 | |||
Nebraska — 0.0% | |||
University of Nebraska Facilities Corp., Refunding RB, Series A, 3.04%, 10/01/49 | 125 | 88,271 | |
Nevada — 0.0% | |||
County of Clark Department of Aviation, ARB, BAB, Series C, 6.82%, 07/01/45 | 355 | 393,955 | |
New Jersey — 0.2% | |||
New Jersey Transportation Trust Fund Authority, RB, BAB, Series B, 6.56%, 12/15/40 | 1,025 | 1,086,662 | |
New Jersey Turnpike Authority, RB, BAB | |||
Series A, 7.10%, 01/01/41 | 620 | 703,754 | |
Series F, 7.41%, 01/01/40 | 2,505 | 2,912,696 | |
Rutgers The State University of New Jersey, RB, Series P, 3.92%, 05/01/2119 | 463 | 308,528 | |
Rutgers The State University of New Jersey, Refunding RB, Series R, 3.27%, 05/01/43 | 345 | 267,754 | |
5,279,394 | |||
New York — 0.8% | |||
City of New York, GO, Sustainability Bonds, 5.26%, 10/01/52(a) | 780 | 774,509 | |
City of New York, GO, BAB | |||
5.52%, 10/01/37 | 400 | 394,052 | |
Series F-1, 6.27%, 12/01/37 | 415 | 436,353 | |
Metropolitan Transportation Authority Refunding RB, 5.18%, 11/15/49 | 115 | 114,996 | |
Metropolitan Transportation Authority, RB, BAB | |||
6.67%, 11/15/39 | 1,855 | 1,956,274 | |
7.34%, 11/15/39 | 400 | 458,807 | |
6.81%, 11/15/40 | 320 | 340,966 | |
New York City Municipal Water Finance Authority, RB, BAB | |||
5.75%, 06/15/41(a) | 2,825 | 2,804,113 | |
5.95%, 06/15/42 | 55 | 55,635 | |
New York City Municipal Water Finance Authority, Refunding RB, 5.88%, 06/15/44 | 25 | 25,024 | |
New York City Municipal Water Finance Authority, Refunding RB, BAB | |||
5.72%, 06/15/42 | 215 | 211,552 | |
6.01%, 06/15/42 | 490 | 498,811 | |
5.44%, 06/15/43 | 125 | 118,963 | |
New York City Transitional Finance Authority Future Tax Secured Revenue, RB, BAB | |||
5.77%, 08/01/36 | 25 | 25,097 | |
5.57%, 11/01/38 | 520 | 513,742 | |
New York State Dormitory Authority, RB, BAB | |||
Series D, 5.60%, 03/15/40 | 1,110 | 1,087,063 |
Security | Par (000) | Value | |
New York (continued) | |||
New York State Dormitory Authority, RB, BAB (continued) | |||
Series F, 5.63%, 03/15/39 | $ | 350 | $ 347,867 |
New York State Urban Development Corp., RB, BAB, 5.77%, 03/15/39 | 1,005 | 1,003,928 | |
Port Authority of New York & New Jersey, ARB | |||
3.14%, 02/15/51 | 1,600 | 1,135,831 | |
3.18%, 07/15/60 | 370 | 238,309 | |
Series 192, 4.81%, 10/15/65 | 125 | 111,998 | |
Series 20, 4.23%, 10/15/57 | 1,070 | 870,933 | |
Series 215, 3.29%, 08/01/69 | 125 | 80,702 | |
Port Authority of New York & New Jersey, RB | |||
Series 165, 5.65%, 11/01/40 | 1,025 | 1,056,483 | |
Series 168, 4.93%, 10/01/51 | 1,030 | 952,211 | |
Series 181, 4.96%, 08/01/46 | 110 | 101,198 | |
Series 182, 5.31%, 08/01/46 | 25 | 23,636 | |
Port Authority of New York & New Jersey, Refunding RB, Series 174, 4.46%, 10/01/62 | 2,315 | 1,953,726 | |
17,692,779 | |||
North Carolina — 0.0% | |||
Charlotte-Mecklenburg Hospital Authority, RB, Series S, 3.20%, 01/15/51 | 60 | 39,773 | |
Ohio — 0.2% | |||
American Municipal Power, Inc., RB | |||
Series B, 7.83%, 02/15/41 | 525 | 617,617 | |
Series B, 8.08%, 02/15/50 | 400 | 507,995 | |
JobsOhio Beverage System, Refunding RB | |||
Series A, 2.83%, 01/01/38 | 400 | 311,267 | |
Series B, 4.53%, 01/01/35(a) | 280 | 268,631 | |
Ohio State University, RB, BAB, Series C, 4.91%, 06/01/40 | 1,760 | 1,652,658 | |
Ohio Turnpike & Infrastructure Commission, Refunding RB, Series A, Junior Lien, 3.22%, 02/15/48 | 155 | 112,272 | |
3,470,440 | |||
Oklahoma — 0.1% | |||
Oklahoma Development Finance Authority, RB | |||
Series A2, 4.38%, 11/01/45 | 290 | 261,290 | |
Series A-2, 4.62%, 06/01/44 | 580 | 539,188 | |
Series A-2, 4.85%, 02/01/45 | 500 | 472,159 | |
Series A-3, 5.09%, 02/01/52 | 265 | 247,088 | |
Series A-3, 4.71%, 05/01/52 | 115 | 104,969 | |
1,624,694 | |||
Oregon — 0.0% | |||
Oregon State University, RB, (BAM), 3.42%, 03/01/60 | 113 | 77,674 | |
State of Oregon Department of Transportation, RB, BAB, Series A, 5.83%, 11/15/34 | 55 | 55,500 | |
133,174 | |||
Pennsylvania — 0.1% | |||
City of Philadelphia Pennsylvania Water & Wastewater Revenue, Refunding RB, Series B, 2.93%, 07/01/45 | 115 | 81,969 | |
Commonwealth Financing Authority, RB, Series A, 2.99%, 06/01/42 | 1,540 | 1,115,479 | |
Pennsylvania State University, Refunding RB | |||
Series D, 2.79%, 09/01/43 | 400 | 282,200 |
Security | Par (000) | Value | |
Pennsylvania (continued) | |||
Pennsylvania State University, Refunding RB (continued) | |||
Series D, 2.84%, 09/01/50 | $ | 95 | $ 62,379 |
Pennsylvania Turnpike Commission, RB, BAB, Series B, 5.51%, 12/01/45 | 610 | 596,475 | |
University of Pittsburgh-of the Commonwealth System of Higher Education, RB, 3.56%, 09/15/2119 | 113 | 70,736 | |
2,209,238 | |||
South Carolina — 0.0% | |||
South Carolina Public Service Authority, RB, BAB, Series C, 6.45%, 01/01/50 | 26 | 27,649 | |
Texas — 0.7% | |||
Board of Regents of the University of Texas System, RB, BAB, Series C, 4.79%, 08/15/46 | 2,505 | 2,333,741 | |
City of San Antonio Texas Electric & Gas Systems Revenue, RB, 4.43%, 02/01/42 | 180 | 164,988 | |
City of San Antonio Texas Electric & Gas Systems Revenue, RB, BAB, Junior Lien, 5.81%, 02/01/41 | 155 | 153,682 | |
Dallas Area Rapid Transit, RB, BAB | |||
5.02%, 12/01/48 | 455 | 420,153 | |
Series B, 6.00%, 12/01/44 | 1,450 | 1,482,614 | |
Dallas Area Rapid Transit, Refunding RB, Series A, Senior Lien, 2.61%, 12/01/48 | 455 | 301,398 | |
Dallas Fort Worth International Airport, ARB | |||
Series A, 4.09%, 11/01/51 | 1,300 | 1,060,552 | |
Series A, 4.51%, 11/01/51 | 190 | 164,823 | |
Dallas Fort Worth International Airport, Refunding RB | |||
Series A, 2.99%, 11/01/38 | 125 | 100,506 | |
Series A, 3.14%, 11/01/45 | 190 | 139,527 | |
Series C, 3.09%, 11/01/40 | 1,065 | 815,204 | |
Series C, 2.92%, 11/01/50(a) | 720 | 492,912 | |
Grand Parkway Transportation Corp., Refunding RB, Subordinate, 3.24%, 10/01/52 | 890 | 613,869 | |
North Texas Tollway Authority, RB, BAB, Series B, 6.72%, 01/01/49 | 1,160 | 1,301,192 | |
Permanent University Fund - University of Texas System, Refunding RB, Series A, 3.38%, 07/01/47 | 850 | 625,517 | |
State of Texas, GO, BAB | |||
5.52%, 04/01/39 | 945 | 948,294 | |
Series A, 4.68%, 04/01/40 | 1,500 | 1,380,864 | |
Texas Natural Gas Securitization Finance Corp., RB | |||
Series 2023-1, 5.10%, 04/01/35 | 1,518 | 1,503,050 | |
Series 2023-1, 5.17%, 04/01/41 | 1,500 | 1,464,131 | |
Texas Private Activity Bond Surface Transportation Corp., RB, Series B, 3.92%, 12/31/49 | 375 | 294,641 | |
Texas Transportation Commission, Refunding GO, 2.47%, 10/01/44 | 800 | 536,809 | |
16,298,467 | |||
Virginia — 0.0% | |||
University of Virginia, Refunding RB | |||
2.26%, 09/01/50 | 500 | 281,691 | |
Series A, 3.23%, 09/01/2119 | 55 | 31,565 | |
Series U, 2.58%, 11/01/51(a) | 215 | 128,354 | |
441,610 |
Security | Par (000) | Value | |
Wisconsin — 0.0% | |||
State of Wisconsin, Refunding RB, Series A, 3.95%, 05/01/36 | $ | 490 | $ 439,253 |
Total Municipal Bonds — 4.4% (Cost: $116,121,938) | 98,142,313 | ||
Preferred Securities | |||
Capital Trust — 0.1% | |||
Insurance — 0.1% | |||
MetLife, Inc., 6.40%, 12/15/66 | 1,250 | 1,244,349 | |
Total Preferred Securities — 0.1% (Cost: $1,300,322) | 1,244,349 | ||
Total Long-Term Investments — 97.9% (Cost: $2,551,820,675) | 2,167,439,476 |
Shares | |||
Short-Term Securities | |||
Money Market Funds — 9.4% | |||
BlackRock Cash Funds: Institutional, SL Agency Shares, 5.49%(e)(f)(g) | 207,628,922 | 207,691,210 | |
Total Short-Term Securities — 9.4% (Cost: $207,652,093) | 207,691,210 | ||
Total Investments — 107.3% (Cost: $2,759,472,768) | 2,375,130,686 | ||
Liabilities in Excess of Other Assets — (7.3)% | (162,112,347 ) | ||
Net Assets — 100.0% | $ 2,213,018,339 |
(a) | All or a portion of this security is on loan. |
(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) | 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. |
(d) | 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. |
(e) | Affiliate of the Fund. |
(f) | Annualized 7-day yield as of period end. |
(g) | All or a portion of this security was purchased with the cash collateral from loaned securities. |
Affiliated Issuer | Value at 10/31/23 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation (Depreciation) | Value at 04/30/24 | Shares Held at 04/30/24 | Income | Capital Gain Distributions from Underlying Funds |
BlackRock Cash Funds: Institutional, SL Agency Shares | $ 175,565,567 | $ 32,152,790 (a) | $ — | $ (8,222 ) | $ (18,925 ) | $ 207,691,210 | 207,628,922 | $ 851,381 (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. |
Level 1 | Level 2 | Level 3 | Total | |
Assets | ||||
Investments | ||||
Long-Term Investments | ||||
Corporate Bonds | $ — | $ 1,947,879,079 | $ — | $ 1,947,879,079 |
Foreign Agency Obligations | — | 120,173,735 | — | 120,173,735 |
Municipal Bonds | — | 98,142,313 | — | 98,142,313 |
Preferred Securities | ||||
Capital Trust | — | 1,244,349 | — | 1,244,349 |
Short-Term Securities | ||||
Money Market Funds | 207,691,210 | — | — | 207,691,210 |
$207,691,210 | $2,167,439,476 | $— | $2,375,130,686 |
Security | Par (000) | Value | |
U.S. Government Sponsored Agency Securities | |||
Agency Obligations — 1.0% | |||
Fannie Mae, 5.63%, 07/15/37 | $ | 4,000 | $ 4,277,739 |
Federal Home Loan Banks | |||
5.63%, 03/14/36 | 1,000 | 1,052,903 | |
5.50%, 07/15/36 | 4,730 | 4,997,132 | |
Tennessee Valley Authority | |||
5.88%, 04/01/36 | 11,841 | 12,695,135 | |
3.50%, 12/15/42 | 66 | 52,516 | |
23,075,425 | |||
Total U.S. Government Sponsored Agency Securities — 1.0% (Cost: $25,576,994) | 23,075,425 | ||
U.S. Treasury Obligations | |||
U.S. Treasury Bonds | |||
4.50%, 02/15/36 - 02/15/44(a) | 59,046 | 56,945,973 | |
4.75%, 02/15/37 - 11/15/53 | 110,428 | 109,938,026 | |
5.00%, 05/15/37 | 27,415 | 28,418,432 | |
4.38%, 02/15/38 - 08/15/43(a) | 73,570 | 69,486,847 | |
3.50%, 02/15/39 | 12,761 | 11,117,523 | |
4.25%, 05/15/39 - 02/15/54 | 76,545 | 70,620,310 | |
4.63%, 02/15/40(a) | 16,575 | 16,288,822 | |
1.13%, 05/15/40 - 08/15/40 | 121,755 | 71,293,392 | |
3.88%, 08/15/40 - 05/15/43 | 63,103 | 55,322,605 | |
1.38%, 11/15/40 - 08/15/50 | 142,489 | 76,527,699 | |
1.88%, 02/15/41 - 11/15/51 | 221,285 | 133,315,743 | |
2.25%, 05/15/41 - 02/15/52 | 280,578 | 181,368,291 | |
1.75%, 08/15/41 | 49,509 | 31,436,281 | |
3.75%, 08/15/41 - 11/15/43 | 45,466 | 38,927,458 | |
2.00%, 11/15/41 - 08/15/51 | 191,041 | 113,128,317 | |
3.13%, 11/15/41 - 05/15/48 | 88,536 | 68,163,861 | |
2.38%, 02/15/42 - 05/15/51 | 79,460 | 51,613,583 | |
3.00%, 05/15/42 - 08/15/52 | 387,892 | 286,610,782 | |
3.25%, 05/15/42 | 28,247 | 22,689,182 | |
2.75%, 08/15/42 - 11/15/47 | 157,938 | 113,758,931 |
Security | Par (000) | Value | |
U.S. Treasury Obligations (continued) | |||
U.S. Treasury Bonds (continued) | |||
3.38%, 08/15/42 - 11/15/48 | $ | 84,477 | $ 67,148,429 |
4.00%, 11/15/42 - 11/15/52 | 93,000 | 82,027,297 | |
2.88%, 05/15/43 - 05/15/52 | 163,608 | 117,297,812 | |
3.63%, 08/15/43 - 05/15/53 | 171,656 | 141,191,540 | |
2.50%, 02/15/45 - 05/15/46 | 212,530 | 144,798,824 | |
1.25%, 05/15/50 | 28,428 | 13,428,899 | |
1.63%, 11/15/50 | 143,669 | 75,078,276 | |
4.13%, 08/15/53 | 68,500 | 61,339,609 | |
Total U.S. Treasury Obligations — 97.5% (Cost: $2,913,536,247) | 2,309,282,744 | ||
Total Long-Term Investments — 98.5% (Cost: $2,939,113,241) | 2,332,358,169 |
Shares | |||
Short-Term Securities | |||
Money Market Funds — 2.3% | |||
BlackRock Cash Funds: Institutional, SL Agency Shares, 5.49%(b)(c)(d) | 53,946,775 | 53,962,959 | |
Total Short-Term Securities — 2.3% (Cost: $53,951,391) | 53,962,959 | ||
Total Investments — 100.8% (Cost: $2,993,064,632) | 2,386,321,128 | ||
Liabilities in Excess of Other Assets — (0.8)% | (19,474,015 ) | ||
Net Assets — 100.0% | $ 2,366,847,113 |
(a) | All or a portion of this security is on loan. |
(b) | Affiliate of the Fund. |
(c) | Annualized 7-day yield as of period end. |
(d) | All or a portion of this security was purchased with the cash collateral from loaned securities. |
Affiliated Issuer | Value at 10/31/23 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation (Depreciation) | Value at 04/30/24 | Shares Held at 04/30/24 | Income | Capital Gain Distributions from Underlying Funds |
BlackRock Cash Funds: Institutional, SL Agency Shares | $ 771,554,674 | $ — | $ (717,740,081 )(a) | $ 403,231 | $ (254,865 ) | $ 53,962,959 | 53,946,775 | $ 518,450 (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. |
Description | Number of Contracts | Expiration Date | Notional Amount (000) | Value/ Unrealized Appreciation (Depreciation) |
Long Contracts | ||||
Ultra U.S. Treasury Bond | 1 | 06/18/24 | $ 120 | $ (8,153 ) |
Commodity Contracts | Credit Contracts | Equity Contracts | Foreign Currency Exchange Contracts | Interest Rate Contracts | Other Contracts | Total | |
Liabilities — Derivative Financial Instruments | |||||||
Futures contracts Unrealized depreciation on futures contracts(a) | $ — | $ — | $ — | $ — | $ 8,153 | $ — | $ 8,153 |
(a) | Net cumulative unrealized appreciation (depreciation) on futures contracts and centrally cleared swaps, if any, are reported in the Schedule of Investments. In the Statements of Assets and Liabilities, only current day’s variation margin is reported in receivables or payables and the net cumulative unrealized appreciation (depreciation) is included in accumulated earnings (loss). |
Commodity Contracts | Credit Contracts | Equity Contracts | Foreign Currency Exchange Contracts | Interest Rate Contracts | Other Contracts | Total | |
Net Realized Gain (Loss) from: | |||||||
Futures contracts | $ — | $ — | $ — | $ — | $ (2,716 ) | $ — | $ (2,716 ) |
Net Change in Unrealized Appreciation (Depreciation) on: | |||||||
Futures contracts | $ — | $ — | $ — | $ — | $ 7,940 | $ — | $ 7,940 |
Futures contracts: | |
Average notional value of contracts — long | $124,485 |
Level 1 | Level 2 | Level 3 | Total | |
Assets | ||||
Investments | ||||
Long-Term Investments | ||||
U.S. Government Sponsored Agency Securities | $ — | $ 23,075,425 | $ — | $ 23,075,425 |
U.S. Treasury Obligations | — | 2,309,282,744 | — | 2,309,282,744 |
Short-Term Securities | ||||
Money Market Funds | 53,962,959 | — | — | 53,962,959 |
$53,962,959 | $2,332,358,169 | $— | $2,386,321,128 |
Level 1 | Level 2 | Level 3 | Total | |
Derivative Financial Instruments(a) | ||||
Liabilities | ||||
Interest Rate Contracts | $ (8,153 ) | $ — | $ — | $ (8,153 ) |
(a) | Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument. |
Security | Par (000) | Value | |
Asset-Backed Securities | |||
American Express Credit Account Master Trust | |||
Series 2022-1, Class A, 2.21%, 03/15/27 | $ | 3,750 | $ 3,643,563 |
Series 2022-2, Class A, 3.39%, 05/15/27 | 8,302 | 8,120,846 | |
Series 2023-3, Class A, 5.23%, 09/15/28 | 4,402 | 4,389,695 | |
Series 2024-2, Class A, 5.24%, 04/15/31 | 3,000 | 3,006,637 | |
Americredit Automobile Receivables Trust, Series 2023-1, Class A3, 5.62%, 11/18/27 | 1,685 | 1,692,417 | |
Chase Issuance Trust, Series 2023-A1, Class A, 5.16%, 09/15/28 | 6,913 | 6,867,244 | |
Exeter Automobile Receivables Trust | |||
Series 2024-2A, Class B, 5.61%, 04/17/28 | 2,500 | 2,492,625 | |
Series 2024-2A, Class C, 5.74%, 05/15/29 | 3,000 | 2,978,226 | |
Series 2024-2A, Class D, 5.92%, 02/15/30 | 2,000 | 1,972,578 | |
Ford Credit Auto Owner Trust | |||
Series 2022-C, Class A4, 4.59%, 12/15/27 | 4,000 | 3,936,040 | |
Series 2024-A, Class A3, 5.09%, 12/15/28 | 7,350 | 7,296,346 | |
GM Financial Consumer Automobile Receivables Trust | |||
Series 2024-2, Class A3, 5.10%, 03/16/29 | 2,938 | 2,915,956 | |
Series 2024-2, Class B, 5.28%, 10/16/29 | 850 | 840,996 | |
Hyundai Auto Receivables Trust | |||
Series 2022-B, Class A3, 3.72%, 11/16/26 | 616 | 607,920 | |
Series 2022-B, Class A4, 3.80%, 08/15/28 | 450 | 437,081 | |
Series 2024-A, Class A3, 4.99%, 02/15/29 | 4,000 | 3,959,850 | |
John Deere Owner Trust | |||
Series 2024-A, Class A3, 4.96%, 11/15/28 | 650 | 642,548 | |
Series 2024-A, Class A4, 4.91%, 02/18/31 | 610 | 600,812 | |
PG&E Wildfire Recovery Funding LLC, Series 2022-1, Class A4, 4.45%, 12/01/49 | 3,000 | 2,549,630 | |
Santander Drive Auto Receivables Trust, Series 2022-4, Class A3, 4.14%, 02/16/27 | 339 | 337,347 | |
Synchrony Card Funding LLC, Series 2024-A1, Class A, 5.04%, 03/15/30 | 1,740 | 1,717,675 | |
Toyota Auto Receivables Owner Trust | |||
Series 2021-B, Class A3, 0.26%, 11/17/25 | 748 | 737,263 | |
Series 2021-B, Class A4, 0.53%, 10/15/26 | 2,073 | 1,974,971 | |
Verizon Master Trust | |||
Series 2021-1, Class A, 0.50%, 05/20/27 | 2,382 | 2,375,599 | |
Series 2024-3, Class A1A, 5.34%, 04/22/30 | 7,000 | 7,003,506 | |
Virginia Power Fuel Securitization LLC, Series 2020- 24, Class A2, 4.88%, 05/01/33 | 2,000 | 1,955,997 | |
Volkswagen Auto Lease Trust, Series 2024-A, Class A3, 5.21%, 06/21/27 | 4,430 | 4,398,228 | |
Total Asset-Backed Securities — 1.7% (Cost: $80,428,593) | 79,451,596 | ||
Non-Agency Mortgage-Backed Securities | |||
Commercial Mortgage-Backed Securities — 2.8% | |||
Bank | |||
Series 2019-BN18, Class A4, 3.58%, 05/15/62 | 1,659 | 1,458,231 | |
Series 2019-BN21, Class A5, 2.85%, 10/17/52 | 4,564 | 3,913,743 | |
Series 2020-BN27, Class A5, 2.14%, 04/15/63 | 4,515 | 3,621,665 | |
BBCMS Mortgage Trust | |||
Series 2017-C1, Class A4, 3.67%, 02/15/50 | 1,908 | 1,792,698 | |
Series 2020-C7, Class A5, 2.04%, 04/15/53 | 5,536 | 4,544,067 | |
Series 2022-C16, Class A5, 4.60%, 06/15/55(a) | 3,000 | 2,803,312 | |
Series 2024-5C25, Class AS, 6.36%, 03/15/57(a) | 400 | 405,361 | |
BBCMS Trust, Series 2021-C10, Class A5, 2.49%, 07/15/54 | 7,713 | 6,365,174 |
Security | Par (000) | Value | |
Commercial Mortgage-Backed Securities (continued) | |||
Benchmark Mortgage Trust | |||
Series 2018-B5, Class A4, 4.21%, 07/15/51 | $ | 2,489 | $ 2,347,310 |
Series 2019-B10, Class A4, 3.72%, 03/15/62 | 2,654 | 2,425,787 | |
Series 2019-B11, Class A4, 3.28%, 05/15/52 | 3,319 | 2,966,800 | |
Series 2019-B13, Class A4, 2.95%, 08/15/57 | 7,093 | 6,179,980 | |
Series 2019-B9, Class A5, 4.02%, 03/15/52 | 2,489 | 2,269,216 | |
Series 2020-B19, Class B, 2.35%, 09/15/53 | 937 | 674,668 | |
Series 2020-B21, Class A4, 1.70%, 12/17/53 | 2,988 | 2,388,667 | |
Series 2020-B21, Class A5, 1.98%, 12/17/53 | 1,990 | 1,572,353 | |
Series 2021-B28, Class A5, 2.22%, 08/15/54 | 7,100 | 5,631,460 | |
Series 2021-B29, Class A5, 2.39%, 09/15/54 | 2,763 | 2,217,760 | |
Series 2024-V6, Class A3, 5.93%, 03/15/29 | 2,000 | 2,014,453 | |
Series 2024-V6, Class AS, 6.38%, 03/15/29 | 920 | 928,572 | |
Series 2024-V6, Class B, 6.79%, 03/15/29 | 780 | 788,711 | |
Series 2024-V6, Class C, 6.67%, 03/15/29 | 440 | 434,274 | |
BMO Mortgage Trust(a) | |||
Series 2023-C6, Class C, 6.97%, 09/15/56 | 1,000 | 1,007,492 | |
Series 2024-C8, Class A5, 5.60%, 03/15/57 | 2,720 | 2,702,088 | |
Series 2024-C8, Class AS, 5.91%, 03/15/57 | 4,250 | 4,191,477 | |
Series 2024-C8, Class B, 6.14%, 03/15/57 | 1,470 | 1,451,490 | |
Series 2024-C8, Class C, 6.23%, 03/15/57 | 250 | 239,830 | |
Citigroup Commercial Mortgage Trust | |||
Series 2016-GC37, Class A4, 3.31%, 04/10/49 | 2,903 | 2,768,197 | |
Series 2016-P5, Class A4, 2.94%, 10/10/49 | 829 | 761,176 | |
Series 2017-C4, Class A4, 3.47%, 10/12/50 | 7,905 | 7,299,511 | |
Series 2017-P7, Class A4, 3.71%, 04/14/50 | 1,866 | 1,734,480 | |
Commercial Mortgage Trust, Series 2016-CR28, Class A4, 3.76%, 02/10/49 | 620 | 597,487 | |
CSAIL Commercial Mortgage Trust | |||
Series 2015-C3, Class A4, 3.72%, 08/15/48 | 829 | 805,134 | |
Series 2016-C7, Class A5, 3.50%, 11/15/49 | 3,984 | 3,715,168 | |
Series 2018-CX11, Class A5, 4.03%, 04/15/51(a) | 3,319 | 3,131,594 | |
DBJPM Mortgage Trust, Series 2016-C3, Class A5, 2.89%, 08/10/49 | 6,225 | 5,838,070 | |
GS Mortgage Securities Trust | |||
Series 2015-GC30, Class A4, 3.38%, 05/10/50 | 496 | 481,484 | |
Series 2015-GS1, Class A3, 3.73%, 11/10/48 | 1,908 | 1,829,683 | |
Series 2018-GS10, Class A5, 4.16%, 07/10/51(a) | 2,489 | 2,289,264 | |
JPMBB Commercial Mortgage Securities Trust | |||
Series 2014-C18, Class A5, 4.08%, 02/15/47 | 12 | 11,856 | |
Series 2015-C31, Class A3, 3.80%, 08/15/48 | 1,557 | 1,513,489 | |
JPMCC Commercial Mortgage Securities Trust, Series 2017-JP7, Class A5, 3.45%, 09/15/50 | 2,903 | 2,657,954 | |
JPMDB Commercial Mortgage Securities Trust, Series 2017-C7, Class A5, 3.41%, 10/15/50 | 4,979 | 4,573,722 | |
Morgan Stanley Bank of America Merrill Lynch Trust | |||
Series 2015-C24, Class A4, 3.73%, 05/15/48 | 620 | 601,042 | |
Series 2016-C28, Class A4, 3.54%, 01/15/49 | 5,621 | 5,387,811 | |
Morgan Stanley Capital I Trust | |||
Series 2015-UBS8, Class A4, 3.81%, 12/15/48 | 978 | 940,454 | |
Series 2018-H3, Class A4, 3.91%, 07/15/51 | 2,489 | 2,319,523 | |
Series 2019-H6, Class A4, 3.42%, 06/15/52 | 488 | 438,320 | |
Series 2019-L3, Class AS, 3.49%, 11/15/52 | 628 | 541,447 | |
Series 2021-L6, Class AS, 2.75%, 06/15/54(a) | 1,634 | 1,306,573 | |
Wells Fargo Commercial Mortgage Trust | |||
Series 2015-SG1, Class A4, 3.79%, 09/15/48 | 4,028 | 3,913,368 | |
Series 2018-C47, Class AS, 4.67%, 09/15/61(a) | 2,000 | 1,875,899 | |
Series 2019-C49, Class A5, 4.02%, 03/15/52 | 3,195 | 2,970,454 |
Security | Par (000) | Value | |
Commercial Mortgage-Backed Securities (continued) | |||
Wells Fargo Commercial Mortgage Trust (continued) | |||
Series 2020-C56, Class A5, 2.45%, 06/15/53 | $ | 2,580 | $ 2,139,677 |
Series 2020-C58, Class A4, 2.09%, 07/15/53 | 2,349 | 1,890,212 | |
Total Non-Agency Mortgage-Backed Securities — 2.8% (Cost: $147,207,882) | 131,669,688 | ||
U.S. Government Sponsored Agency Securities | |||
Commercial Mortgage-Backed Securities — 2.9% | |||
Fannie Mae, Series 2017-M12, Class A2, 3.16%, 06/25/27(a) | 1,275 | 1,200,236 | |
Fannie Mae-Aces | |||
Series 2016-M5, Class A2, 2.47%, 04/25/26 | 4,442 | 4,207,580 | |
Series 2016-M6, Class A2, 2.49%, 05/25/26 | 4,589 | 4,337,706 | |
Series 2017-M15, Class A2, 3.06%, 09/25/27(a) | 2,967 | 2,775,193 | |
Series 2018-M12, Class A2, 3.76%, 08/25/30(a) | 2,489 | 2,296,022 | |
Series 2018-M3, Class A2, 3.17%, 02/25/30(a) | 6,828 | 6,166,122 | |
Series 2019-M22, Class A2, 2.52%, 08/25/29 | 3,696 | 3,251,181 | |
Series 2020-M46, Class A2, 1.32%, 05/25/30 | 4,549 | 3,705,172 | |
Series 2021-M13, Class A2, 1.66%, 04/25/31(a) | 3,536 | 2,797,677 | |
Series 2021-M17, Class A2, 1.71%, 07/25/31(a) | 2,489 | 1,970,324 | |
Freddie Mac | |||
Series K120, Class A2, 1.50%, 10/25/30 | 2,000 | 1,604,532 | |
Series K136, Class A2, 2.13%, 11/25/31 | 2,000 | 1,626,858 | |
Series K143, Class A2, 2.35%, 03/25/32 | 3,425 | 2,810,117 | |
Series K-159, Class A2, 4.50%, 07/25/33(a) | 3,000 | 2,857,034 | |
Series K753, Class A2, 4.40%, 10/25/30 | 1,928 | 1,846,933 | |
Freddie Mac Mortgage-Backed Securities | |||
4.50%, 04/01/46 | 13 | 12,635 | |
4.00%, 05/01/46 | 178 | 162,764 | |
Freddie Mac Multifamily Structured Pass Through Certificates | |||
Series K052, Class A2, 3.15%, 11/25/25 | 620 | 600,554 | |
Series K063, Class A2, 3.43%, 01/25/27(a) | 4,150 | 3,962,565 | |
Series K066, Class A2, 3.12%, 06/25/27 | 2,903 | 2,732,988 | |
Series K067, Class A1, 2.90%, 03/25/27 | 1,687 | 1,623,425 | |
Series K076, Class A2, 3.90%, 04/25/28 | 1,659 | 1,582,575 | |
Series K081, Class A2, 3.90%, 08/25/28(a) | 8,302 | 7,911,664 | |
Series K088, Class A2, 3.69%, 01/25/29 | 413 | 388,802 | |
Series K100, Class A2, 2.67%, 09/25/29 | 11,302 | 10,019,640 | |
Series K101, Class A2, 2.52%, 10/25/29 | 4,690 | 4,120,421 | |
Series K109, Class A2, 1.56%, 04/25/30 | 8,471 | 6,951,723 | |
Series K110, Class A2, 1.48%, 04/25/30 | 2,190 | 1,791,397 | |
Series K111, Class A2, 1.35%, 05/25/30 | 829 | 669,773 | |
Series K123, Class A2, 1.62%, 12/25/30 | 8,302 | 6,695,599 | |
Series K126, Class A2, 2.07%, 01/25/31 | 9,074 | 7,535,229 | |
Series K144, Class A2, 2.45%, 04/25/32 | 5,000 | 4,127,381 | |
Series K146, Class A2, 2.92%, 06/25/32 | 2,000 | 1,707,312 | |
Series K-151, Class A2, 3.80%, 10/25/32(a) | 3,750 | 3,403,764 | |
Series K-1521, Class A2, 2.18%, 08/25/36 | 3,967 | 2,873,638 | |
Series K-154, Class A2, 4.35%, 01/25/33(a) | 3,000 | 2,830,418 | |
Series K730, Class A2, 3.59%, 01/25/25(a) | 7,070 | 6,974,971 | |
Series K734, Class A2, 3.21%, 02/25/26 | 4,731 | 4,575,768 | |
Series K748, Class A2, 2.26%, 01/25/29(a) | 10,000 | 8,814,012 | |
135,521,705 | |||
Mortgage-Backed Securities — 93.6% | |||
Fannie Mae Mortgage-Backed Securities | |||
3.00%, 02/01/47 | 872 | 755,241 | |
4.00%, 02/01/47 - 02/01/57 | 3,132 | 2,826,404 | |
3.50%, 11/01/51 | 4,812 | 4,197,633 | |
(12-mo. LIBOR US + 1.53%), 5.71%, 05/01/43(a) | 32 | 32,329 |
Security | Par (000) | Value | |
Mortgage-Backed Securities (continued) | |||
Fannie Mae Mortgage-Backed Securities (continued) | |||
(12-mo. LIBOR US + 1.54%), 5.42%, 06/01/43(a) | $ | 45 | $ 44,865 |
(12-mo. LIBOR US + 1.70%), 5.95%, 08/01/42(a) | 11 | 11,775 | |
(12-mo. LIBOR US + 1.75%), 6.00%, 08/01/41(a) | 4 | 3,774 | |
(12-mo. LIBOR US + 1.83%), 6.08%, 11/01/40(a) | 2 | 1,658 | |
Freddie Mac Mortgage-Backed Securities | |||
8.00%, 12/01/24 | 1 | 956 | |
3.00%, 03/01/27 - 10/01/47 | 33,160 | 28,601,850 | |
2.50%, 07/01/28 - 01/01/33 | 7,312 | 6,749,418 | |
3.50%, 03/01/32 - 06/01/49 | 32,355 | 28,794,695 | |
5.00%, 04/01/33 - 04/01/49 | 1,384 | 1,340,876 | |
4.00%, 05/01/33 - 01/01/49 | 10,873 | 9,977,720 | |
5.50%, 06/01/35 - 01/01/39 | 46 | 45,731 | |
4.50%, 06/01/38 - 01/01/49 | 4,574 | 4,315,358 | |
(12-mo. LIBOR US + 1.50%), 5.25%, 06/01/43(a) | 1 | 989 | |
(12-mo. LIBOR US + 1.71%), 5.98%, 08/01/41(a) | 2 | 2,192 | |
(12-mo. LIBOR US + 1.84%), 6.12%, 09/01/40(a) | 5 | 5,001 | |
Ginnie Mae Mortgage-Backed Securities | |||
5.50%, 12/15/32 - 05/15/54(b) | 66,657 | 65,436,226 | |
6.00%, 03/15/35 - 06/15/54(b) | 58,170 | 58,352,926 | |
6.50%, 09/15/36 - 05/15/54(b) | 57,639 | 58,422,573 | |
4.50%, 07/15/39 - 05/20/54(b) | 73,597 | 68,791,941 | |
5.00%, 11/15/39 - 05/15/54(b) | 74,542 | 71,470,823 | |
4.00%, 03/15/41 - 05/20/54(b) | 84,024 | 76,627,607 | |
3.50%, 09/20/42 - 05/20/53(b) | 124,502 | 110,662,765 | |
3.00%, 01/20/43 - 05/20/54(b) | 162,097 | 138,688,939 | |
2.50%, 05/20/45 - 05/20/54(b) | 238,791 | 195,581,684 | |
2.00%, 07/20/50 - 06/20/52 | 243,574 | 191,901,697 | |
1.50%, 10/20/51 | 760 | 572,362 | |
Uniform Mortgage-Backed Securities | |||
4.50%, 05/01/24 - 05/13/54(b) | 152,828 | 141,528,500 | |
4.00%, 10/01/25 - 02/01/53(b) | 235,484 | 213,988,480 | |
3.50%, 02/01/26 - 05/01/54(b) | 281,720 | 247,672,342 | |
3.00%, 01/01/27 - 05/01/52(b) | 446,317 | 378,972,900 | |
2.50%, 09/01/28 - 05/15/54(b) | 837,880 | 678,912,218 | |
7.00%, 02/01/32 | 7 | 7,419 | |
6.50%, 07/01/32 - 05/15/54(b) | 110,474 | 111,977,629 | |
5.00%, 11/01/33 - 05/15/54(b) | 149,397 | 141,876,170 | |
6.00%, 03/01/34 - 05/15/54(b) | 127,159 | 126,673,733 | |
2.00%, 12/01/35 - 05/13/54(b) | 1,172,930 | 918,275,784 | |
1.50%, 03/01/36 - 11/01/51(b) | 131,991 | 102,369,384 | |
5.50%, 04/01/36 - 05/15/54(b) | 154,081 | 150,270,018 | |
4,336,742,585 | |||
Total U.S. Government Sponsored Agency Securities — 96.5% (Cost: $5,063,656,515) | 4,472,264,290 | ||
Total Long-Term Investments — 101.0% (Cost: $5,291,292,990) | 4,683,385,574 |
Security | Shares | Value | |
Short-Term Securities | |||
Money Market Funds — 11.7% | |||
BlackRock Cash Funds: Institutional, SL Agency Shares, 5.49%(c)(d) | 544,931,934 | $ 545,095,414 | |
Total Short-Term Securities — 11.7% (Cost: $544,926,728) | 545,095,414 | ||
Total Investments Before TBA Sale Commitments — 112.7% (Cost: $5,836,219,718) | 5,228,480,988 |
Par (000) | |||
TBA Sale Commitments(b) | |||
Mortgage-Backed Securities — (1.4)% | |||
Ginnie Mae Mortgage-Backed Securities | |||
6.00%, 05/15/54 | $ | (4,800 ) | (4,812,096 ) |
6.50%, 05/15/54 | (9,400 ) | (9,517,298 ) | |
Uniform Mortgage-Backed Securities | |||
2.00%, 05/13/54 | (2,375 ) | (1,792,404 ) | |
2.50%, 05/15/54 | (28,100 ) | (22,228,672 ) |
Security | Par (000) | Value | |
Mortgage-Backed Securities (continued) | |||
Uniform Mortgage-Backed Securities (continued) | |||
3.00%, 02/25/52 | $ | (5,650 ) | $ (4,664,574 ) |
3.50%, 03/25/52 | (4,025 ) | (3,468,901 ) | |
4.50%, 05/13/54 | (400 ) | (368,566 ) | |
6.00%, 05/15/54 | (8,650 ) | (8,569,583 ) | |
6.50%, 05/15/54 | (10,775 ) | (10,856,254 ) | |
Total TBA Sale Commitments — (1.4)% (Proceeds: $(67,197,011)) | (66,278,348 ) | ||
Total Investments, Net of TBA Sale Commitments — 111.3% (Cost: $5,769,022,707) | 5,162,202,640 | ||
Liabilities in Excess of Other Assets — (11.3)% | (525,709,906 ) | ||
Net Assets — 100.0% | $ 4,636,492,734 |
(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) | Represents or includes a TBA transaction. |
(c) | Affiliate of the Fund. |
(d) | Annualized 7-day yield as of period end. |
Affiliated Issuer | Value at 10/31/23 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation (Depreciation) | Value at 04/30/24 | Shares Held at 04/30/24 | Income | Capital Gain Distributions from Underlying Funds |
BlackRock Cash Funds: Institutional, SL Agency Shares | $ 580,881,705 | $ — | $ (35,730,327 )(a) | $ 23,262 | $ (79,226 ) | $ 545,095,414 | 544,931,934 | $ 16,007,087 | $ — |
(a) | Represents net amount purchased (sold). |
Level 1 | Level 2 | Level 3 | Total | |
Assets | ||||
Investments | ||||
Long-Term Investments | ||||
Asset-Backed Securities | $ — | $ 79,451,596 | $ — | $ 79,451,596 |
Non-Agency Mortgage-Backed Securities | — | 131,669,688 | — | 131,669,688 |
U.S. Government Sponsored Agency Securities | — | 4,472,264,290 | — | 4,472,264,290 |
Short-Term Securities | ||||
Money Market Funds | 545,095,414 | — | — | 545,095,414 |
Liabilities | ||||
Investments | ||||
TBA Sale Commitments | — | (66,278,348 ) | — | (66,278,348 ) |
$545,095,414 | $4,617,107,226 | $— | $5,162,202,640 |
iShares U.S. Intermediate Credit Bond Index Fund | iShares U.S. Intermediate Government Bond Index Fund | iShares U.S. Long Credit Bond Index Fund | iShares U.S. Long Government Bond Index Fund | |
ASSETS | ||||
Investments, at value — unaffiliated(a)(b) | $ 3,026,842,887 | $ 4,507,026,070 | $ 2,167,439,476 | $ 2,332,358,169 |
Investments, at value — affiliated(c) | 273,151,604 | 192,494,889 | 207,691,210 | 53,962,959 |
Cash | 231,609 | 633,791 | 2,600,978 | — |
Cash pledged for futures contracts | — | — | — | 7,000 |
Receivables: | ||||
Investments sold | — | 73,457,636 | 604,242 | — |
Securities lending income — affiliated | 43,657 | 35,185 | 51,787 | 7,596 |
Capital shares sold | — | 634,228 | 14,894,225 | 39,590,205 |
Dividends — affiliated | 295,402 | 26,808 | 81,824 | 10,912 |
Interest — unaffiliated | 30,580,292 | 34,089,839 | 30,547,458 | 30,240,748 |
Prepaid expenses | 5,060 | 5,959 | 4,757 | 4,904 |
Total assets | 3,331,150,511 | 4,808,404,405 | 2,423,915,957 | 2,456,182,493 |
LIABILITIES | ||||
Collateral on securities loaned | 187,057,905 | 184,341,804 | 182,383,412 | 49,561,942 |
Payables: | ||||
Investments purchased | 40,508,747 | 57,984,726 | 28,020,397 | 39,754,579 |
Capital shares redeemed | 7,845,528 | 24,262,915 | 479,537 | — |
Trustees’ and Officer’s fees | 935 | 2,147 | 2,158 | 2,044 |
Professional fees | 16,319 | 16,453 | 12,114 | 15,866 |
Variation margin on futures contracts | — | — | — | 949 |
Total liabilities | 235,429,434 | 266,608,045 | 210,897,618 | 89,335,380 |
Commitments and contingent liabilities | ||||
NET ASSETS | $ 3,095,721,077 | $ 4,541,796,360 | $ 2,213,018,339 | $ 2,366,847,113 |
NET ASSETS CONSIST OF | ||||
Paid-in capital(d)(e)(f) | $ 3,346,894,875 | $ 4,958,337,884 | $ 2,693,948,476 | $ 3,066,709,247 |
Accumulated loss | (251,173,798) | (416,541,524) | (480,930,137) | (699,862,134) |
NET ASSETS | $ 3,095,721,077 | $ 4,541,796,360 | $ 2,213,018,339 | $ 2,366,847,113 |
Net asset value | $ 9.71 | $ 9.55 | $ 8.84 | $ 7.66 |
(a)Investments, at cost—unaffiliated | $3,188,251,386 | $4,825,032,626 | $2,551,820,675 | $2,939,113,241 |
(b)Securities loaned, at value | $180,882,145 | $178,900,667 | $174,713,758 | $47,758,887 |
(c)Investments, at cost—affiliated | $273,110,901 | $192,402,660 | $207,652,093 | $53,951,391 |
(d)Shares outstanding | 318,917,728 | 475,692,915 | 250,455,316 | 309,008,852 |
(e)Shares authorized | Unlimited | Unlimited | Unlimited | Unlimited |
(f)Par value | $0.001 | $0.001 | $0.001 | $0.001 |
iShares U.S. Securitized Bond Index Fund | |
ASSETS | |
Investments, at value — unaffiliated(a) | $ 4,683,385,574 |
Investments, at value — affiliated(b) | 545,095,414 |
Receivables: | |
Investments sold | 2,659,114 |
TBA sale commitments | 67,197,011 |
Dividends — affiliated | 2,518,642 |
Interest — unaffiliated | 13,247,151 |
Principal paydowns | 99,871 |
Prepaid expenses | 6,223 |
Total assets | 5,314,209,000 |
LIABILITIES | |
TBA sale commitments, at value(c) | 66,278,348 |
Payables: | |
Investments purchased | 611,418,927 |
Trustees’ and Officer’s fees | 2,831 |
Professional fees | 16,160 |
Total liabilities | 677,716,266 |
Commitments and contingent liabilities | |
NET ASSETS | $ 4,636,492,734 |
NET ASSETS CONSIST OF | |
Paid-in capital(d)(e)(f) | $ 5,323,815,853 |
Accumulated loss | (687,323,119) |
NET ASSETS | $ 4,636,492,734 |
Net asset value | $ 9.04 |
(a)Investments, at cost—unaffiliated | $5,291,292,990 |
(b)Investments, at cost—affiliated | $544,926,728 |
(c)Proceeds from TBA sale commitments | $67,197,011 |
(d)Shares outstanding | 512,810,400 |
(e)Shares authorized | Unlimited |
(f)Par value | $0.001 |
iShares U.S. Intermediate Credit Bond Index Fund | iShares U.S. Intermediate Government Bond Index Fund | iShares U.S. Long Credit Bond Index Fund | iShares U.S. Long Government Bond Index Fund | |
INVESTMENT INCOME | ||||
Dividends — affiliated | $878,815 | $232,021 | $475,038 | $227,035 |
Interest — unaffiliated | 57,020,733 | 61,160,942 | 56,746,713 | 45,530,579 |
Securities lending income — affiliated — net | 358,052 | 608,082 | 376,343 | 291,415 |
Total investment income | 58,257,600 | 62,001,045 | 57,598,094 | 46,049,029 |
EXPENSES | ||||
Administration | 839,729 | 1,079,162 | 659,587 | 586,653 |
Investment advisory | 839,729 | 1,079,162 | 659,587 | 586,653 |
Professional | 16,744 | 16,744 | 16,744 | 16,744 |
Trustees and Officer | 11,748 | 17,239 | 10,205 | 10,472 |
Miscellaneous | 4,135 | 5,285 | 4,573 | 4,135 |
Total expenses | 1,712,085 | 2,197,592 | 1,350,696 | 1,204,657 |
Less: | ||||
Fees waived and/or reimbursed by the Administrator | (1,707,950 ) | (2,192,307 ) | (1,346,123 ) | (1,200,522 ) |
Total expenses after fees waived and/or reimbursed | 4,135 | 5,285 | 4,573 | 4,135 |
Net investment income | 58,253,465 | 61,995,760 | 57,593,521 | 46,044,894 |
REALIZED AND UNREALIZED GAIN (LOSS) | ||||
Net realized gain (loss) from: | ||||
Investments — unaffiliated | (6,276,767 ) | (10,533,198 ) | (27,095,136 ) | (56,311,668 ) |
Investments — affiliated | (16,606 ) | 768,612 | (8,222 ) | 403,231 |
Futures contracts | — | — | — | (2,716 ) |
(6,293,373 ) | (9,764,586 ) | (27,103,358 ) | (55,911,153 ) | |
Net change in unrealized appreciation (depreciation) on: | ||||
Investments — unaffiliated | 67,954,348 | 42,973,932 | 190,408,032 | 179,899,376 |
Investments — affiliated | (27,242 ) | (567,779 ) | (18,925 ) | (254,865 ) |
Futures contracts | — | — | — | 7,940 |
67,927,106 | 42,406,153 | 190,389,107 | 179,652,451 | |
Net realized and unrealized gain | 61,633,733 | 32,641,567 | 163,285,749 | 123,741,298 |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | $119,887,198 | $94,637,327 | $220,879,270 | $169,786,192 |
iShares U.S. Securitized Bond Index Fund | |
INVESTMENT INCOME | |
Dividends — affiliated | $16,007,087 |
Interest — unaffiliated | 72,157,918 |
Total investment income | 88,165,005 |
EXPENSES | |
Administration | 1,374,710 |
Investment advisory | 1,374,710 |
Trustees and Officer | 18,327 |
Professional | 16,744 |
Miscellaneous | 4,608 |
Total expenses | 2,789,099 |
Less: | |
Fees waived and/or reimbursed by the Administrator | (2,784,491 ) |
Total expenses after fees waived and/or reimbursed | 4,608 |
Net investment income | 88,160,397 |
REALIZED AND UNREALIZED GAIN (LOSS) | |
Net realized gain from: | |
Investments — unaffiliated | 7,480,932 |
Investments — affiliated | 23,262 |
7,504,194 | |
Net change in unrealized appreciation (depreciation) on: | |
Investments — unaffiliated | 115,206,720 |
Investments — affiliated | (79,226 ) |
115,127,494 | |
Net realized and unrealized gain | 122,631,688 |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | $210,792,085 |
iShares U.S. Intermediate Credit Bond Index Fund | iShares U.S. Intermediate Government Bond Index Fund | |||
Six Months Ended 04/30/24 (unaudited) | Year Ended 10/31/23 | Six Months Ended 04/30/24 (unaudited) | Year Ended 10/31/23 | |
INCREASE (DECREASE) IN NET ASSETS | ||||
OPERATIONS | ||||
Net investment income | $58,253,465 | $77,250,586 | $61,995,760 | $90,715,523 |
Net realized loss | (6,293,373 ) | (14,672,304 ) | (9,764,586 ) | (35,320,864 ) |
Net change in unrealized appreciation (depreciation) | 67,927,106 | (10,140,490 ) | 42,406,153 | (6,252,065 ) |
Net increase in net assets resulting from operations | 119,887,198 | 52,437,792 | 94,637,327 | 49,142,594 |
DISTRIBUTIONS TO SHAREHOLDERS(a) | ||||
Decrease in net assets resulting from distributions to shareholders | (58,222,793 ) | (77,358,427 ) | (61,322,308 ) | (89,518,603 ) |
CAPITAL SHARE TRANSACTIONS | ||||
Net increase in net assets derived from capital share transactions | 610,048,582 | 678,827,108 | 585,581,920 | 500,310,980 |
NET ASSETS | ||||
Total increase in net assets | 671,712,987 | 653,906,473 | 618,896,939 | 459,934,971 |
Beginning of period | 2,424,008,090 | 1,770,101,617 | 3,922,899,421 | 3,462,964,450 |
End of period | $3,095,721,077 | $2,424,008,090 | $4,541,796,360 | $3,922,899,421 |
(a) | Distributions for annual periods determined in accordance with U.S. federal income tax regulations. |
iShares U.S. Long Credit Bond Index Fund | iShares U.S. Long Government Bond Index Fund | |||
Six Months Ended 04/30/24 (unaudited) | Year Ended 10/31/23 | Six Months Ended 04/30/24 (unaudited) | Year Ended 10/31/23 | |
INCREASE (DECREASE) IN NET ASSETS | ||||
OPERATIONS | ||||
Net investment income | $57,593,521 | $106,754,435 | $46,044,894 | $75,226,319 |
Net realized loss | (27,103,358 ) | (45,666,996 ) | (55,911,153 ) | (28,459,206 ) |
Net change in unrealized appreciation (depreciation) | 190,389,107 | (48,361,682 ) | 179,652,451 | (260,634,110 ) |
Net increase (decrease) in net assets resulting from operations | 220,879,270 | 12,725,757 | 169,786,192 | (213,866,997 ) |
DISTRIBUTIONS TO SHAREHOLDERS(a) | ||||
Decrease in net assets resulting from distributions to shareholders | (57,471,125 ) | (106,546,280 ) | (45,722,248 ) | (74,646,145 ) |
CAPITAL SHARE TRANSACTIONS | ||||
Net increase in net assets derived from capital share transactions | 66,044,720 | 153,018,649 | 97,370,026 | 573,402,649 |
NET ASSETS | ||||
Total increase in net assets | 229,452,865 | 59,198,126 | 221,433,970 | 284,889,507 |
Beginning of period | 1,983,565,474 | 1,924,367,348 | 2,145,413,143 | 1,860,523,636 |
End of period | $2,213,018,339 | $1,983,565,474 | $2,366,847,113 | $2,145,413,143 |
(a) | Distributions for annual periods determined in accordance with U.S. federal income tax regulations. |
iShares U.S. Securitized Bond Index Fund | ||
Six Months Ended 04/30/24 (unaudited) | Year Ended 10/31/23 | |
INCREASE (DECREASE) IN NET ASSETS | ||
OPERATIONS | ||
Net investment income | $88,160,397 | $144,811,383 |
Net realized gain (loss) | 7,504,194 | (36,939,785 ) |
Net change in unrealized appreciation (depreciation) | 115,127,494 | (151,263,436 ) |
Net increase (decrease) in net assets resulting from operations | 210,792,085 | (43,391,838 ) |
DISTRIBUTIONS TO SHAREHOLDERS(a) | ||
From net investment income | (84,823,522 ) | (145,884,807 ) |
Return of capital | — | (1,646,980 ) |
Decrease in net assets resulting from distributions to shareholders | (84,823,522 ) | (147,531,787 ) |
CAPITAL SHARE TRANSACTIONS | ||
Net increase in net assets derived from capital share transactions | 285,488,167 | 548,245,723 |
NET ASSETS | ||
Total increase in net assets | 411,456,730 | 357,322,098 |
Beginning of period | 4,225,036,004 | 3,867,713,906 |
End of period | $4,636,492,734 | $4,225,036,004 |
(a) | Distributions for annual periods determined in accordance with U.S. federal income tax regulations. |
iShares U.S. Intermediate Credit Bond Index Fund | |||
Six Months Ended 04/30/24 (unaudited) | Year Ended 10/31/23 | Period from 05/20/22(a) to 10/31/22 | |
Net asset value, beginning of period | $9.42 | $9.43 | $10.00 |
Net investment income(b) | 0.20 | 0.35 | 0.12 |
Net realized and unrealized gain (loss) | 0.29 | (0.01 ) | (0.57 ) |
Net increase (decrease) from investment operations | 0.49 | 0.34 | (0.45 ) |
Distributions from net investment income(c) | (0.20 ) | (0.35 ) | (0.12 ) |
Net asset value, end of period | $9.71 | $9.42 | $9.43 |
Total Return(d) | |||
Based on net asset value | 5.22 %(e) | 3.53 % | (4.49 )%(e) |
Ratios to Average Net Assets(f) | |||
Total expenses | 0.12 %(g) | 0.12 % | 0.12 %(g) |
Total expenses after fees waived and/or reimbursed | 0.00 %(g)(h) | 0.00 %(h) | — %(g) |
Net investment income | 4.16 %(g) | 3.61 % | 2.84 %(g) |
Supplemental Data | |||
Net assets, end of period (000) | $3,095,721 | $2,424,008 | $1,770,102 |
Portfolio turnover rate | 9 % | 14 % | 19 %(i) |
(a) | Commencement of operations. |
(b) | Based on average shares outstanding. |
(c) | Distributions for annual periods determined in accordance with U.S. federal income tax regulations. |
(d) | Where applicable, assumes the reinvestment of distributions. |
(e) | Not annualized. |
(f) | Excludes fees and expenses incurred indirectly as a result of investments in underlying funds. |
(g) | Annualized. |
(h) | Amount is less than 0.005%. |
(i) | Portfolio turnover rate excludes in-kind transactions. |
iShares U.S. Intermediate Government Bond Index Fund | |||
Six Months Ended 04/30/24 (unaudited) | Year Ended 10/31/23 | Period from 05/20/22(a) to 10/31/22 | |
Net asset value, beginning of period | $9.44 | $9.51 | $10.00 |
Net investment income(b) | 0.14 | 0.23 | 0.08 |
Net realized and unrealized gain (loss) | 0.11 | (0.08 ) | (0.50 ) |
Net increase (decrease) from investment operations | 0.25 | 0.15 | (0.42 ) |
Distributions from net investment income(c) | (0.14 ) | (0.22 ) | (0.07 ) |
Net asset value, end of period | $9.55 | $9.44 | $9.51 |
Total Return(d) | |||
Based on net asset value | 2.60 %(e) | 1.59 % | (4.18 )%(e) |
Ratios to Average Net Assets(f) | |||
Total expenses | 0.10 %(g) | 0.10 % | 0.10 %(g) |
Total expenses after fees waived and/or reimbursed | 0.00 %(g)(h) | 0.00 %(h) | — %(g) |
Net investment income | 2.87 %(g) | 2.35 % | 1.73 %(g) |
Supplemental Data | |||
Net assets, end of period (000) | $4,541,796 | $3,922,899 | $3,462,964 |
Portfolio turnover rate | 10 % | 24 % | 16 %(i) |
(a) | Commencement of operations. |
(b) | Based on average shares outstanding. |
(c) | Distributions for annual periods determined in accordance with U.S. federal income tax regulations. |
(d) | Where applicable, assumes the reinvestment of distributions. |
(e) | Not annualized. |
(f) | Excludes fees and expenses incurred indirectly as a result of investments in underlying funds. |
(g) | Annualized. |
(h) | Amount is less than 0.005%. |
(i) | Portfolio turnover rate excludes in-kind transactions. |
iShares U.S. Long Credit Bond Index Fund | |||
Six Months Ended 04/30/24 (unaudited) | Year Ended 10/31/23 | Period from 05/20/22(a) to 10/31/22 | |
Net asset value, beginning of period | $8.17 | $8.53 | $10.00 |
Net investment income(b) | 0.24 | 0.47 | 0.20 |
Net realized and unrealized gain (loss) | 0.67 | (0.36 ) | (1.47 ) |
Net increase (decrease) from investment operations | 0.91 | 0.11 | (1.27 ) |
Distributions from net investment income(c) | (0.24 ) | (0.47 ) | (0.20 ) |
Net asset value, end of period | $8.84 | $8.17 | $8.53 |
Total Return(d) | |||
Based on net asset value | 11.02 %(e) | 0.80 % | (12.84 )%(e) |
Ratios to Average Net Assets(f) | |||
Total expenses | 0.12 %(g) | 0.12 % | 0.12 %(g) |
Total expenses after fees waived and/or reimbursed | 0.00 %(g)(h) | 0.00 %(h) | — %(g) |
Net investment income | 5.24 %(g) | 5.11 % | 4.79 %(g) |
Supplemental Data | |||
Net assets, end of period (000) | $2,213,018 | $1,983,565 | $1,924,367 |
Portfolio turnover rate | 7 % | 13 % | 7 %(i) |
(a) | Commencement of operations. |
(b) | Based on average shares outstanding. |
(c) | Distributions for annual periods determined in accordance with U.S. federal income tax regulations. |
(d) | Where applicable, assumes the reinvestment of distributions. |
(e) | Not annualized. |
(f) | Excludes fees and expenses incurred indirectly as a result of investments in underlying funds. |
(g) | Annualized. |
(h) | Amount is less than 0.005%. |
(i) | Portfolio turnover rate excludes in-kind transactions. |
iShares U.S. Long Government Bond Index Fund | |||
Six Months Ended 04/30/24 (unaudited) | Year Ended 10/31/23 | Period from 05/20/22(a) to 10/31/22 | |
Net asset value, beginning of period | $7.25 | $8.18 | $10.00 |
Net investment income(b) | 0.16 | 0.30 | 0.13 |
Net realized and unrealized gain (loss) | 0.41 | (0.93 ) | (1.82 ) |
Net increase (decrease) from investment operations | 0.57 | (0.63 ) | (1.69 ) |
Distributions from net investment income(c) | (0.16 ) | (0.30 ) | (0.13 ) |
Net asset value, end of period | $7.66 | $7.25 | $8.18 |
Total Return(d) | |||
Based on net asset value | 7.71 %(e) | (8.17 )% | (17.06 )%(e) |
Ratios to Average Net Assets(f) | |||
Total expenses | 0.10 %(g) | 0.10 % | 0.10 %(g) |
Total expenses after fees waived and/or reimbursed | 0.00 %(g)(h) | 0.00 %(h) | — %(g) |
Net investment income | 3.92 %(g) | 3.57 % | 3.09 %(g) |
Supplemental Data | |||
Net assets, end of period (000) | $2,366,847 | $2,145,413 | $1,860,524 |
Portfolio turnover rate | 8 % | 4 % | 5 %(i) |
(a) | Commencement of operations. |
(b) | Based on average shares outstanding. |
(c) | Distributions for annual periods determined in accordance with U.S. federal income tax regulations. |
(d) | Where applicable, assumes the reinvestment of distributions. |
(e) | Not annualized. |
(f) | Excludes fees and expenses incurred indirectly as a result of investments in underlying funds. |
(g) | Annualized. |
(h) | Amount is less than 0.005%. |
(i) | Portfolio turnover rate excludes in-kind transactions. |
iShares U.S. Securitized Bond Index Fund | |||
Six Months Ended 04/30/24 (unaudited) | Year Ended 10/31/23 | Period from 05/20/22(a) to 10/31/22 | |
Net asset value, beginning of period | $8.76 | $9.12 | $10.00 |
Net investment income(b) | 0.18 | 0.32 | 0.11 |
Net realized and unrealized gain (loss) | 0.27 | (0.35 ) | (0.88 ) |
Net increase (decrease) from investment operations | 0.45 | (0.03 ) | (0.77 ) |
Distributions(c) | |||
From net investment income | (0.17 ) | (0.33 ) | (0.11 ) |
Return of capital | — | (0.00 )(d) | — |
Total distributions | (0.17 ) | (0.33 ) | (0.11 ) |
Net asset value, end of period | $9.04 | $8.76 | $9.12 |
Total Return(e) | |||
Based on net asset value | 5.11 %(f) | (0.53 )% | (7.71 )%(f) |
Ratios to Average Net Assets(g) | |||
Total expenses | 0.12 %(h) | 0.12 % | 0.12 %(h) |
Total expenses after fees waived and/or reimbursed | 0.00 %(h)(i) | 0.00 %(i) | — %(h) |
Net investment income | 3.85 %(h) | 3.43 % | 2.53 %(h) |
Supplemental Data | |||
Net assets, end of period (000) | $4,636,493 | $4,225,036 | $3,867,714 |
Portfolio turnover rate(j) | 127 % | 341 % | 150 %(k) |
(a) | Commencement of operations. |
(b) | Based on average shares outstanding. |
(c) | Distributions for annual periods determined in accordance with U.S. federal income tax regulations. |
(d) | Amount is greater than $(0.005) per share. |
(e) | Where applicable, assumes the reinvestment of distributions. |
(f) | Not annualized. |
(g) | Excludes fees and expenses incurred indirectly as a result of investments in underlying funds. |
(h) | Annualized. |
(i) | Amount is less than 0.005%. |
(j) | Includes mortgage dollar roll transactions (“MDRs”). Additional information regarding portfolio turnover rate is as follows: |
Six Months Ended 04/30/24 (unaudited) | Year Ended 10/31/23 | Period from 05/20/22(a) to 10/31/22 | |
Portfolio turnover rate (excluding MDRs) | 64 % | 163 % | 150 % |
(k) | Portfolio turnover rate excludes in-kind transactions. |
Fund Name | Herein Referred To As | Diversification Classification |
iShares U.S. Intermediate Credit Bond Index Fund | U.S. Intermediate Credit Bond | Diversified |
iShares U.S. Intermediate Government Bond Index Fund | U.S. Intermediate Government Bond | Diversified |
iShares U.S. Long Credit Bond Index Fund | U.S. Long Credit Bond | Diversified |
iShares U.S. Long Government Bond Index Fund | U.S. Long Government Bond | Diversified |
iShares U.S. Securitized Bond Index Fund | U.S. Securitized Bond | Diversified |
Fund Name/Counterparty | Securities Loaned at Value | Cash Collateral Received(a) | Non-Cash Collateral Received, at Fair Value(a) | Net Amount |
U.S. Intermediate Credit Bond | ||||
Barclays Capital, Inc. | $ 7,797,158 | $ (7,797,158 ) | $ — | $ — |
BMO Capital Markets Corp. | 6,434,630 | (6,434,630 ) | — | — |
BNP Paribas SA | 37,966,136 | (37,966,136 ) | — | — |
BofA Securities, Inc. | 13,710,389 | (13,710,389 ) | — | — |
Citigroup Global Markets, Inc. | 2,606,512 | (2,606,512 ) | — | — |
Goldman Sachs & Co. LLC | 11,442,848 | (11,442,848 ) | — | — |
HSBC Securities (USA), Inc. | 1,418,198 | (1,418,198 ) | — | — |
J.P. Morgan Securities LLC | 26,858,681 | (26,858,681 ) | — | — |
Jefferies LLC | 1,690,386 | (1,690,386 ) | — | — |
Nomura Securities International, Inc. | 5,527,542 | (5,527,542 ) | — | — |
RBC Capital Markets LLC | 14,353,186 | (14,353,186 ) | — | — |
Scotia Capital (USA), Inc. | 5,555,527 | (5,555,527 ) | — | — |
State Street Bank & Trust Co. | 11,341,411 | (11,341,411 ) | — | — |
TD Securities (USA) LLC | 1,309,848 | (1,309,848 ) | — | — |
Toronto-Dominion Bank | 1,034,598 | (1,034,598 ) | — | — |
UBS AG | 210,273 | (210,273 ) | — | — |
UBS Securities LLC | 1,523,336 | (1,523,336 ) | — | — |
Wells Fargo Bank N.A. | 1,236,881 | (1,236,881 ) | — | — |
Wells Fargo Securities LLC | 28,864,605 | (28,864,605 ) | — | — |
$ 180,882,145 | $ (180,882,145 ) | $ — | $ — | |
U.S. Intermediate Government Bond | ||||
BofA Securities, Inc. | $ 9,402,683 | $ (9,402,683 ) | $ — | $ — |
Citigroup Global Markets, Inc. | 565,975 | (565,975 ) | — | — |
Goldman Sachs & Co. LLC | 46,407,286 | (46,407,286 ) | — | — |
HSBC Securities (USA), Inc. | 4,733,278 | (4,733,278 ) | — | — |
J.P. Morgan Securities LLC | 78,613,548 | (78,613,548 ) | — | — |
Nomura Securities International, Inc. | 14,741,445 | (14,741,445 ) | — | — |
TD Securities (USA) LLC | 4,589,577 | (4,589,577 ) | — | — |
Toronto-Dominion Bank | 19,846,875 | (19,846,875 ) | — | — |
$ 178,900,667 | $ (178,900,667 ) | $ — | $ — | |
U.S. Long Credit Bond | ||||
Barclays Capital, Inc. | $ 16,987,513 | $ (16,987,513 ) | $ — | $ — |
BMO Capital Markets Corp. | 2,133,345 | (2,133,345 ) | — | — |
BNP Paribas SA | 37,755,333 | (37,755,333 ) | — | — |
BofA Securities, Inc. | 6,077,593 | (6,077,593 ) | — | — |
Citigroup Global Markets, Inc. | 1,654,222 | (1,654,222 ) | — | — |
Goldman Sachs & Co. LLC | 7,177,339 | (7,177,339 ) | — | — |
HSBC Securities (USA), Inc. | 2,098,897 | (2,098,897 ) | — | — |
J.P. Morgan Securities LLC | 49,720,501 | (49,720,501 ) | — | — |
Jefferies LLC | 1,748,386 | (1,748,386 ) | — | — |
Nomura Securities International, Inc. | 4,634,759 | (4,634,759 ) | — | — |
RBC Capital Markets LLC | 11,537,330 | (11,537,330 ) | — | — |
Scotia Capital (USA), Inc. | 10,613,280 | (10,613,280 ) | — | — |
State Street Bank & Trust Co. | 6,224,251 | (6,224,251 ) | — | — |
Toronto-Dominion Bank | 250,099 | (250,099 ) | — | — |
UBS AG | 5,106,851 | (5,106,851 ) | — | — |
UBS Securities LLC | 3,412,439 | (3,412,439 ) | — | — |
Wells Fargo Bank N.A. | 748,561 | (748,561 ) | — | — |
Wells Fargo Securities LLC | 6,833,059 | (6,833,059 ) | — | — |
$ 174,713,758 | $ (174,713,758 ) | $ — | $ — | |
U.S. Long Government Bond | ||||
BofA Securities, Inc. | $ 21,119,424 | $ (21,119,424 ) | $ — | $ — |
Citigroup Global Markets, Inc. | 26,639,463 | (26,639,463 ) | — | — |
$ 47,758,887 | $ (47,758,887 ) | $ — | $ — |
(a) | Collateral received, if any, in excess of the market value of securities on loan is not presented in this table. The total cash collateral received by each Fund is disclosed in the Fund’s Statements of Assets and Liabilities. |
Fund Name | Investment Advisory Fees |
U.S. Intermediate Credit Bond | 0.06 % |
U.S. Intermediate Government Bond | 0.05 |
U.S. Long Credit Bond | 0.06 |
U.S. Long Government Bond | 0.05 |
U.S. Securitized Bond | 0.06 |
Fund Name | Fees Waived and/or Reimbursed by the Administrator/Manager |
U.S. Intermediate Credit Bond | $ 839,729 |
U.S. Intermediate Government Bond | 1,079,162 |
U.S. Long Credit Bond | 659,587 |
U.S. Long Government Bond | 586,653 |
U.S. Securitized Bond | 1,374,710 |
Administration Fees | |
U.S. Intermediate Credit Bond | 0.06 % |
U.S. Intermediate Government Bond | 0.05 |
U.S. Long Credit Bond | 0.06 |
U.S. Long Government Bond | 0.05 |
U.S. Securitized Bond | 0.06 |
Fund Name | Fees Waived and/or Reimbursed by the Administrator/Manager |
U.S. Intermediate Credit Bond | $ 839,729 |
U.S. Intermediate Government Bond | 1,079,162 |
U.S. Long Credit Bond | 659,587 |
U.S. Long Government Bond | 586,653 |
U.S. Securitized Bond | 1,374,710 |
Fund Name | Fees Waived and/or Reimbursed by the Administrator/Manager |
U.S. Intermediate Credit Bond | $ 28,492 |
U.S. Intermediate Government Bond | 33,983 |
U.S. Long Credit Bond | 26,949 |
U.S. Long Government Bond | 27,216 |
U.S. Securitized Bond | 35,071 |
Fund Name | Amounts |
U.S. Intermediate Credit Bond | $ 114,642 |
U.S. Intermediate Government Bond | 258,184 |
U.S. Long Credit Bond | 115,496 |
U.S. Long Government Bond | 120,845 |
U.S. Government Securities | Other Securities | |||
Fund Name | Purchases | Sales | Purchases | Sales |
U.S. Intermediate Credit Bond | $ — | $ — | $ 829,782,424 | $ 252,661,860 |
U.S. Intermediate Government Bond | 1,011,145,696 | 435,407,855 | 5,038,800 | 5,129,000 |
U.S. Long Credit Bond | — | — | 222,876,036 | 162,073,379 |
U.S. Long Government Bond | 281,374,589 | 185,145,351 | — | — |
U.S. Securitized Bond | — | — | 6,125,652,771 | 5,784,622,918 |
Fund Name | Purchases | Sales |
U.S. Securitized Bond | $ 2,870,945,864 | $ 2,869,180,334 |
Fund Name | Non-Expiring Capital Loss Carryforwards |
U.S. Intermediate Credit Bond | $ (81,273,219 ) |
U.S. Intermediate Government Bond | (86,114,195 ) |
U.S. Long Credit Bond | (61,349,243 ) |
U.S. Long Government Bond | (33,584,335 ) |
U.S. Securitized Bond | (87,116,574 ) |
Fund Name | Tax Cost | Gross Unrealized Appreciation | Gross Unrealized Depreciation | Net Unrealized Appreciation (Depreciation) |
U.S. Intermediate Credit Bond | $ 3,463,653,750 | $ 4,100,886 | $ (167,760,145 ) | $ (163,659,259 ) |
U.S. Intermediate Government Bond | 5,020,381,573 | 468,082 | (321,328,696 ) | (320,860,614 ) |
Fund Name | Tax Cost | Gross Unrealized Appreciation | Gross Unrealized Depreciation | Net Unrealized Appreciation (Depreciation) |
U.S. Long Credit Bond | $ 2,767,832,876 | $ 3,011,125 | $ (395,713,315 ) | $ (392,702,190 ) |
U.S. Long Government Bond | 2,997,424,562 | 227,858 | (611,339,445 ) | (611,111,587 ) |
U.S. Securitized Bond | 5,840,582,609 | 3,302,600 | (614,485,558 ) | (611,182,958 ) |
Six Months Ended 04/30/24 | Year Ended 10/31/23 | |||
Fund Name | Shares | Amounts | Shares | Amounts |
U.S. Intermediate Credit Bond | ||||
Shares sold | 68,303,991 | $ 675,720,534 | 72,487,287 | $ 707,238,370 |
Shares issued in reinvestment of distributions | 5,920,879 | 58,223,411 | 7,993,574 | 77,358,950 |
Shares redeemed | (12,604,266) | (123,895,363) | (10,971,490) | (105,770,212) |
61,620,604 | $ 610,048,582 | 69,509,371 | $ 678,827,108 |
Six Months Ended 04/30/24 | Year Ended 10/31/23 | |||
Fund Name | Shares | Amounts | Shares | Amounts |
U.S. Intermediate Government Bond | ||||
Shares sold | 73,399,460 | $ 713,721,943 | 89,647,418 | $ 867,928,770 |
Shares issued in reinvestment of distributions | 6,328,685 | 61,322,677 | 9,290,586 | 89,518,684 |
Shares redeemed | (19,610,302) | (189,462,700) | (47,418,357) | (457,136,474) |
60,117,843 | $ 585,581,920 | 51,519,647 | $ 500,310,980 |
Six Months Ended 04/30/24 | Year Ended 10/31/23 | |||
Fund Name | Shares | Amounts | Shares | Amounts |
U.S. Long Credit Bond | ||||
Shares sold | 18,595,319 | $ 170,967,202 | 38,136,216 | $ 350,550,132 |
Shares issued in reinvestment of distributions | 6,229,156 | 57,475,945 | 11,669,706 | 106,546,600 |
Shares redeemed | (17,133,129) | (162,398,427) | (32,636,820) | (304,078,083) |
7,691,346 | $ 66,044,720 | 17,169,102 | $ 153,018,649 |
Six Months Ended 04/30/24 | Year Ended 10/31/23 | |||
Fund Name | Shares | Amounts | Shares | Amounts |
U.S. Long Government Bond | ||||
Shares sold | 34,179,704 | $ 275,856,385 | 70,820,611 | $ 594,020,955 |
Shares issued in reinvestment of distributions | 5,645,944 | 45,723,203 | 8,853,903 | 74,647,020 |
Shares redeemed | (26,808,270) | (224,209,562) | (11,242,159) | (95,265,326) |
13,017,378 | $ 97,370,026 | 68,432,355 | $ 573,402,649 |
Six Months Ended 04/30/24 | Year Ended 10/31/23 | |||
Fund Name | Shares | Amounts | Shares | Amounts |
U.S. Securitized Bond | ||||
Shares sold | 37,000,152 | $ 343,946,935 | 65,646,206 | $ 617,560,584 |
Shares issued in reinvestment of distributions | 9,127,230 | 84,823,843 | 15,816,297 | 147,532,018 |
Shares redeemed | (15,423,834) | (143,282,611) | (23,299,753) | (216,846,879) |
30,703,548 | $ 285,488,167 | 58,162,750 | $ 548,245,723 |
San Francisco, CA 94105
Wilmington, DE 19809
Boston, MA 02114
Wilmington, DE 19809
New York, NY 10001
Philadelphia, PA 19103
New York, NY 10019
Wilmington, DE 19809
Currency Abbreviation | |
AGM | Assured Guaranty Municipal Corp. |
ARB | Airport Revenue Bonds |
BAB | Build America Bond |
BAM | Build America Mutual Assurance Co. |
BMO | BMO Capital Markets |
CMT | Constant Maturity Treasury |
DAC | Designated Activity Company |
GO | General Obligation Bonds |
LIBOR | London Interbank Offered Rate |
M/F | Multi-Family |
NPFGC | National Public Finance Guarantee Corp. |
RB | Revenue Bond |
REIT | Real Estate Investment Trust |
SAB | Special Assessment Bonds |
SAP | Subject to Appropriations |
SCA | Societe en Commandite par Actions |
SOFR | Secured Overnight Financing Rate |
TBA | To-Be-Announced |
![](https://capedge.com/proxy/N-CSRS/0001193125-24-174867/g730252img8d467e965.jpg)
![](https://capedge.com/proxy/N-CSRS/0001193125-24-174867/g730252img257fd1201.jpg)
(b) Not Applicable
Item 2 – | Code of Ethics – Not Applicable to this semi-annual report |
Item 3 – | Audit Committee Financial Expert – Not Applicable to this semi-annual report |
Item 4 – | Principal Accountant Fees and Services – Not Applicable to this semi-annual report |
Item 5 – | Audit Committee of Listed Registrant – Not Applicable |
Item 6 – | Investments |
(a) The registrant’s Schedule of Investments is included as part of the Report to Stockholders filed under Item 1(a) of this Form.
(b) Not Applicable due to no such divestments during the semi-annual period covered since the previous Form N-CSR filing.
Item 7 – | Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies – Not Applicable |
Item 8 – | Portfolio Managers of Closed-End Management Investment Companies – Not Applicable |
Item 9 – | Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers – Not Applicable |
Item 10 – | Submission of Matters to a Vote of Security Holders –There have been no material changes to these procedures. |
Item 11 – | Controls and Procedures |
(a) The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”)) are effective as of a date within 90 days of the filing of this report based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rule 15d-15(b) under the Securities Exchange Act of 1934, as amended.
(b) There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.
Item 12 – | Disclosure of Securities Lending Activities for Closed-End Management Investment Companies – Not Applicable |
Item 13 – | Recovery of Erroneously Awarded Compensation – Not Applicable |
Item 14 – | Exhibits attached hereto |
(a)(1) Code of Ethics – Not Applicable to this semi-annual report
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(a)(2) Any policy required by the listing standards adopted pursuant to Rule 10D-1 under the Exchange Act (17 CFR 240.10D-1) by the registered national securities exchange or registered national securities association upon which the Registrant’s securities are listed – Not Applicable
(a)(3) Section 302 Certifications are attached
(a)(4) Any written solicitation to purchase securities under Rule 23c-1 – Not Applicable
(a)(5) Change in Registrant’s independent public accountant – Not Applicable
(b) Section 906 Certifications are attached
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Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
BlackRock FundsSM
By: | /s/ John M. Perlowski | |||
John M. Perlowski | ||||
Chief Executive Officer (principal executive officer) of | ||||
BlackRock FundsSM |
Date: June 24, 2024
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By: | /s/ John M. Perlowski | |||
John M. Perlowski | ||||
Chief Executive Officer (principal executive officer) of | ||||
BlackRock FundsSM |
Date: June 24, 2024
By: | /s/ Trent Walker | |||
Trent Walker | ||||
Chief Financial Officer (principal financial officer) of | ||||
BlackRock FundsSM |
Date: June 24, 2024
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