Security	Par (000)		Value

Corporate Bonds & Notes

Argentina — 0.9%
Future Retail Ltd., 5.60%, 01/22/25 (Call 01/22/23)^(a)(b)(c)	$	200	$	20,350
Investment Energy Resources Ltd., 6.25%, 04/26/29 (Call 04/26/25)^(c)		400		366,325
MercadoLibre Inc., 3.13%, 01/14/31 (Call 10/14/30)		200		154,538
MSU Energy SA/UGEN SA/UENSA SA, 6.88%, 02/01/25 (Call 08/29/22)^(c)		350		201,425
Transportadora de Gas del Sur SA, 6.75%, 05/02/25 (Call 08/29/22)^(c)		300		240,712
Vedanta Resources Ltd., 6.13%, 08/09/24 (Call 08/30/22)^(c)		200		125,600
Wynn Macau Ltd.
4.88%, 10/01/24 (Call 08/29/22)^(c)		400		336,000
5.50%, 10/01/27 (Call 10/01/22)^(c)		600		462,000
YPF SA
6.95%, 07/21/27^(c)		500		277,500
7.00%, 12/15/47 (Call 06/15/47)^(c)		350		175,875
8.50%, 07/28/25^(c)		775		488,715
				2,849,040
Australia — 0.1%
Aydem Yenilenebilir Enerji AS, 7.75%, 02/02/27 (Call 02/02/24)^(c)		400		273,200
CIBANCO SA Institucion de Banca Multiple Trust CIB/3332, 4.38%, 07/22/31 (Call 04/22/31)^(c)		200		138,350
				411,550
Bahrain — 0.5%
AUB Sukuk Ltd., 2.62%, 09/09/26^(c)		400		363,000
BBK BSC, 5.50%, 07/09/24^(c)		200		195,538
FS Luxembourg Sarl, 10.00%, 12/15/25^(c)		200		203,000
GFH Sukuk Ltd., 7.50%, 01/28/25^(c)		400		390,075
Manila Water Co. Inc., 4.38%, 07/30/30 (Call 07/30/25)^(c)		400		352,700
				1,504,313
Barbados — 0.1%
Sagicor Financial Co. Ltd., 5.30%, 05/13/28 (Call 05/13/24)^(c)(d)		400		375,100

Brazil — 5.2%
Adecoagro SA, 6.00%, 09/21/27^(c)		150		135,000
Aegea Finance Sarl, 6.75%, 05/20/29 (Call 05/20/25)^(c)		200		194,037
Altice Financing SA, 5.75%, 08/15/29^(c)		1,400		1,222,158
Amaggi Luxembourg International Sarl, 5.25%, 01/28/28^(c)		200		185,000
B3 S.A. Brasil Bolsa Balcao, 4.13%, 09/20/31^(c)		200		167,538
Banco Bradesco SA/Cayman Islands, 4.38%, 03/18/27^(c)(d)		200		191,725
Banco BTG Pactual SA/Cayman Islands
2.75%, 01/11/26 (Call 12/11/25)^(c)		200		179,300
4.50%, 01/10/25 (Call 12/10/24)^(c)(d)		200		194,350
Banco Davivienda SA, 6.65%, (Call 04/22/31)^(c)(e)(f)		200		148,725
Banco do Brasil SA/Cayman
3.25%, 09/30/26^(c)		200		184,100
4.88%, 01/11/29^(c)		200		186,000
6.25%, (Call 04/15/24)^(c)(e)(f)		200		176,600
9.00%, (Call 06/18/24)^(c)(e)(f)		200		202,560
Banco Mercantil del Norte SA/Grand Cayman, 6.63%, (Call 01/24/32)^(c)(e)(f)		200		161,850
Banco Votorantim SA, 4.38%, 07/29/25^(c)		200		191,100
BBVA Bancomer SA/Texas, 6.75%, 09/18/25^(c)		200		182,225
Braskem Finance Ltd., 6.45%, 02/03/24		0		—
Braskem Netherlands Finance BV
4.50%, 01/10/28 (Call 10/10/27)^(c)		200		187,515
4.50%, 01/31/30^(c)		200		181,750

Security	Par (000)		Value

Brazil (continued)
5.88%, 01/31/50^(c)	$	200	$	174,000
Cosan Luxembourg SA, 7.00%, 01/20/27 (Call 08/29/22)^(c)		200		203,725
CSN Inova Ventures, 6.75%, 01/28/28 (Call 01/28/24)^(c)		200		185,400
CSN Resources SA, 4.63%, 06/10/31 (Call 06/10/26)^(c)		200		150,125
Easy Tactic Ltd.
7.50%, 07/11/25		150		36,000
7.50%, 07/11/28		150		20,250
Embraer Netherlands Finance BV
5.05%, 06/15/25		200		197,850
5.40%, 02/01/27		250		242,112
Fibria Overseas Finance Ltd., 5.50%, 01/17/27		200		201,037
Gol Finance SA, 8.00%, 06/30/26 (Call 12/24/22)^(c)		200		128,038
GTL Trade Finance Inc., 7.25%, 04/16/44 (Call 10/16/43)^(c)		200		216,475
Itau Unibanco Holding SA/Cayman Island
3.25%, 01/24/25^(c)		200		192,663
4.50%, 11/21/29 (Call 11/21/24)^(c)(f)		200		190,350
6.13%, (Call 12/12/22)^(c)(e)(f)		200		193,600
6.50%, (Call 03/19/23)^(c)(e)(f)		200		188,163
JBS Finance Luxembourg Co., 3.63%, 01/15/32 (Call 01/15/27)^(c)		200		166,500
JBS USA Lux S.A./JBS USA Food Co./JBS USA Finance Inc., 3.75%, 12/01/31 (Call 12/01/26)^(c)		100		83,515
Klabin Austria GmbH, 7.00%, 04/03/49 (Call 10/03/48)^(c)		200		192,288
Korea East-West Power Co. Ltd., 1.75%, 05/06/25^(c)		400		377,700
Light Servicos de Eletricidade SA/Light Energia SA, 4.38%, 06/18/26 (Call 06/18/24)^(c)		200		174,913
MARB BondCo PLC, 3.95%, 01/29/31 (Call 01/29/26)^(c)		200		162,538
MC Brazil Downstream Trading SARL, 7.25%, 06/30/31^(c)		400		320,000
MGM China Holdings Ltd., 4.75%, 02/01/27 (Call 02/01/24)^(c)		600		463,932
Movida Europe SA, 5.25%, 02/08/31 (Call 02/08/26)^(c)		200		167,250
Natura Cosmeticos SA, 4.13%, 05/03/28 (Call 03/03/28)^(c)		200		168,250
NBM U.S. Holdings Inc., 6.63%, 08/06/29 (Call 08/06/24)^(c)(d)		200		194,810
Nexa Resources SA, 5.38%, 05/04/27 (Call 02/04/27)^(c)		400		379,325
Odebrecht Drilling Norbe VIII/IX Ltd., 7.35%, (7.35% PIK), 12/01/26 (Call 08/29/22)^(c)(g)		169		97,804
Odebrecht Holdco Finance Ltd., 0.00%, 09/10/58 (Call 08/29/22)^(c)(h)		400		3,000
Odebrecht Offshore Drilling Finance Ltd., 7.72%, (7.72% PIK), 12/01/26 (Call 08/29/22)^(c)(d)(g)		297		67,805
Oi SA, 10.00%, (12.00% PIK), 07/27/25^(g)		300		142,500
Petrobras Global Finance BV
5.09%, 01/15/30		150		144,593
5.30%, 01/27/25		50		50,963
5.50%, 06/10/51 (Call 12/10/50)		200		164,975
5.60%, 01/03/31 (Call 10/03/30)^(d)		250		243,906
5.75%, 02/01/29		150		150,731
6.00%, 01/27/28^(d)		225		230,051
6.25%, 03/17/24		50		51,306
6.75%, 01/27/41		150		146,475
6.75%, 06/03/50 (Call 12/03/49)^(d)		150		139,170
6.85%, 06/05/2115^(d)		375		333,000
6.88%, 01/20/40^(d)		148		146,964
6.90%, 03/19/49^(d)		150		142,528
7.25%, 03/17/44^(d)		150		150,778
7.38%, 01/17/27		250		271,062
Petrorio Luxembourg Trading Sarl, 6.13%, 06/09/26 (Call 06/09/24)^(c)		200		188,725
Raizen Fuels Finance SA, 5.30%, 01/20/27^(c)		200		194,475
Rede D’or Finance Sarl, 4.95%, 01/17/28 (Call 10/17/27)^(c)		200		186,350

Security	Par (000)		Value

Brazil (continued)
St. Marys Cement Inc. Canada, 5.75%, 01/28/27 (Call 10/28/26)^(c)	$	200	$	196,662
Suzano Austria GmbH
3.13%, 01/15/32 (Call 10/15/31)^(d)		300		242,887
3.75%, 01/15/31 (Call 10/15/30)		250		217,187
5.00%, 01/15/30 (Call 10/15/29)^(d)		200		191,150
6.00%, 01/15/29 (Call 10/15/28)		200		202,850
7.00%, 03/16/47 (Call 09/16/46)^(c)		200		205,875
Usiminas International Sarl, 5.88%, 07/18/26 (Call 07/18/23)^(c)		200		195,500
Vale Overseas Ltd.
3.75%, 07/08/30 (Call 04/08/30)		200		182,000
6.25%, 08/10/26		150		159,923
6.88%, 11/21/36^(d)		350		377,125
6.88%, 11/10/39		250		270,237
Wynn Macau Ltd., 5.63%, 08/26/28 (Call 08/26/23)^(c)		800		608,000
				15,938,899
British Virgin Islands — 0.1%
NWD Finance BVI Ltd., 6.15%, (Call 03/16/25)^(c)(e)(f)		200		189,000

Burkina Faso — 0.1%
Endeavour Mining PLC, 5.00%, 10/14/26 (Call 10/14/23)^(c)		400		327,000

Chile — 3.4%
Agrosuper SA, 4.60%, 01/20/32 (Call 10/20/31)^(c)		250		215,313
Antofagasta PLC, 5.63%, 05/13/32 (Call 02/13/32)^(c)		400		400,000
Banco de Chile, 2.99%, 12/09/31 (Call 09/09/31)^(c)		400		340,575
Banco de Credito e Inversiones SA
2.88%, 10/14/31 (Call 07/14/31)^(c)(d)		200		166,475
3.50%, 10/12/27^(c)(d)		400		377,200
Banco Santander Chile
2.70%, 01/10/25 (Call 12/10/24)^(c)(d)		300		287,587
3.18%, 10/26/31 (Call 07/28/31)^(c)		400		340,450
Celulosa Arauco y Constitucion SA
4.20%, 01/29/30 (Call 10/29/29)^(c)		400		365,075
4.25%, 04/30/29 (Call 01/30/29)^(c)		200		184,400
4.50%, 08/01/24 (Call 05/01/24)		400		400,960
5.15%, 01/29/50 (Call 07/29/49)^(c)		400		330,100
5.50%, 04/30/49 (Call 10/30/48)^(c)		200		168,225
Cencosud SA
4.38%, 07/17/27 (Call 04/17/27)^(c)(d)		600		570,112
5.15%, 02/12/25 (Call 11/12/24)^(c)(d)		200		199,975
Cia. Cervecerias Unidas SA, 3.35%, 01/19/32 (Call 10/19/31)^(c)		400		343,500
Colbun SA
3.15%, 03/06/30 (Call 12/06/29)^(c)		200		171,480
3.15%, 01/19/32 (Call 10/19/31)^(c)		400		328,450
3.95%, 10/11/27 (Call 07/11/27)^(c)		400		374,950
Empresa Nacional de Telecomunicaciones SA
3.05%, 09/14/32 (Call 06/14/32)^(c)		600		486,750
4.75%, 08/01/26 (Call 05/03/26)^(c)		200		195,850
Enel Americas SA, 4.00%, 10/25/26 (Call 07/25/26)		300		292,181
Enel Chile SA, 4.88%, 06/12/28 (Call 03/12/28)		600		572,550
GNL Quintero SA, 4.63%, 07/31/29^(c)		529		510,513
Guacolda Energia SA, 4.56%, 04/30/25 (Call 01/30/25)^(c)		200		66,600
HCL America Inc., 1.38%, 03/10/26 (Call 02/10/26)^(c)		200		182,225
Interchile SA, 4.50%, 06/30/56 (Call 12/30/55)^(c)		700		591,500
Inversiones CMPC SA
3.00%, 04/06/31 (Call 01/06/31)^(c)		200		164,870
3.85%, 01/13/30 (Call 10/13/29)^(c)		200		178,500

Security	Par (000)		Value

Chile (continued)
4.38%, 04/04/27^(c)	$	400	$	384,200
4.75%, 09/15/24 (Call 06/15/24)^(c)		400		397,825
Sociedad Quimica y Minera de Chile SA, 3.50%, 09/10/51 (Call 03/10/51)^(c)		600		449,925
Telefonica Moviles Chile SA, 3.54%, 11/18/31 (Call 08/18/31)^(c)		250		213,438
VTR Finance NV, 6.38%, 07/15/28 (Call 07/15/23)^(c)		400		245,450
				10,497,204
China — 9.9%
Abu Dhabi National Energy Co. PJSC, 4.00%, 10/03/49^(c)		200		184,100
Agricultural Bank of China Ltd./Hong Kong, 0.70%, 06/17/24^(c)		200		190,686
AIA Group Ltd., 2.70%, (Call 04/07/26)^(c)(e)(f)		200		173,000
Alibaba Group Holding Ltd.
2.13%, 02/09/31 (Call 11/09/30)		200		169,482
3.25%, 02/09/61 (Call 08/09/60)		200		133,156
3.40%, 12/06/27 (Call 09/06/27)		300		289,722
3.60%, 11/28/24 (Call 08/28/24)		200		198,392
4.00%, 12/06/37 (Call 06/06/37)		200		177,204
4.20%, 12/06/47 (Call 06/06/47)		200		163,600
4.50%, 11/28/34 (Call 05/28/34)		200		189,498
Amipeace Ltd., 2.50%, 12/05/24^(c)		200		195,876
Arabian Centres Sukuk Ltd., 5.38%, 11/26/24^(c)		300		283,837
Axiata SPV2 Bhd, 2.16%, 08/19/30 (Call 05/19/30)^(c)		400		346,200
Baidu Inc.
2.38%, 08/23/31 (Call 05/23/31)^(d)		200		168,342
3.08%, 04/07/25 (Call 03/07/25)		200		194,678
4.13%, 06/30/25		200		199,692
Bank of China Ltd., 5.00%, 11/13/24^(c)		400		409,816
Bank of China Ltd./Hong Kong, 3.88%, 06/30/25^(c)		200		202,350
Bank of China Ltd./Luxembourg, 1.40%, 04/28/26^(c)		200		186,894
Bank of Communications Co. Ltd., 3.80%, (Call 11/18/25)^(c)(e)(f)		400		395,000
Bluestar Finance Holdings Ltd., 3.88%, (Call 06/24/23)^(c)(e)(f)		200		197,500
BOCOM International Blossom Ltd., 1.75%, 06/28/26^(c)		200		185,398
CCBL Cayman 1 Corp. Ltd., 1.80%, 07/22/26^(c)		200		184,538
CCCI Treasure Ltd., 3.43%, (Call 11/21/24)^(c)(e)(f)		200		192,750
Chalco Hong Kong Investment Co. Ltd., 2.10%, 07/28/26 (Call 06/28/26)^(c)		200		185,922
China Cinda 2020 I Management Ltd., 2.50%, 03/18/25 (Call 02/18/25)^(c)		200		188,788
China Cinda Finance 2015 I Ltd., 4.25%, 04/23/25^(c)		400		393,825
China Cinda Finance 2017 I Ltd.
4.75%, 02/08/28^(c)		200		191,412
4.75%, 02/21/29^(c)		200		188,787
China Construction Bank Corp.
2.39%, 12/21/24^(c)(f)		200		199,066
4.25%, 02/27/29 (Call 02/27/24)^(c)(f)		200		200,800
China Construction Bank Corp./Hong Kong, 1.25%, 08/04/25^(c)		200		187,690
China Construction Bank Corp./London, 3.13%, 05/17/25		200		198,896
China Overseas Finance Cayman VI Ltd.
5.95%, 05/08/24^(c)		200		203,537
6.45%, 06/11/34^(c)		200		213,225
China Resources Land Ltd., 3.75%, (Call 12/09/24)^(c)(e)(f)		200		187,100
China SCE Group Holdings Ltd., 7.38%, 04/09/24 (Call 08/29/22)^(c)		200		40,475
CICC Hong Kong Finance 2016 MTN Ltd., 1.63%, 01/26/24^(c)		200		193,836
CIFI Holdings Group Co. Ltd., 6.00%, 07/16/25 (Call 01/16/23)^(c)		200		74,000

Security	Par (000)		Value

China (continued)
CITIC Ltd.
2.85%, 02/25/30^(c)	$	200	$	180,163
3.88%, 02/28/27^(c)		200		199,850
CMB International Leasing Management Ltd., 1.88%, 08/12/25^(c)		200		185,225
CMHI Finance BVI Co. Ltd., 3.50%, (Call 10/09/23)^(c)(e)(f)		200		197,287
CMS International Gemstone Ltd., 1.30%, 09/16/24^(c)		200		187,998
CNOOC Finance 2013 Ltd., 3.30%, 09/30/49 (Call 03/30/49)		200		143,806
CNOOC Finance 2014 ULC, 4.25%, 04/30/24		600		607,612
CNOOC Finance 2015 USA LLC, 4.38%, 05/02/28^(d)		200		206,725
CNOOC Petroleum North America ULC
5.88%, 03/10/35		100		106,550
6.40%, 05/15/37		175		195,869
7.50%, 07/30/39		150		183,749
Commercial Bank of Dubai PSC, 6.00%, (Call 04/21/26)^(c)(e)(f)		200		191,000
COSL Singapore Capital Ltd., 4.50%, 07/30/25^(c)		200		203,458
Country Garden Holdings Co. Ltd.
3.13%, 10/22/25 (Call 09/22/25)^(c)		200		69,000
7.25%, 04/08/26 (Call 04/08/23)^(c)		200		71,000
CSCIF Asia Ltd., 1.13%, 06/10/24^(c)		200		190,662
DIB Sukuk Ltd., 2.95%, 02/20/25^(c)		200		194,250
DIB Tier 1 Sukuk 4 Ltd., 4.63%, (Call 05/19/26)^(c)(e)(f)		400		386,000
Doha Finance Ltd., 2.38%, 03/31/26^(c)		700		644,875
Easy Tactic Ltd., 7.50%, 07/11/27		200		39,250
Emirates NBD Bank PJSC, 6.13%, (Call 04/09/26)^(c)(e)(f)		200		196,662
ENN Clean Energy International Investment Ltd., 3.38%, 05/12/26 (Call 05/12/24)^(c)		200		169,225
ENN Energy Holdings Ltd., 2.63%, 09/17/30 (Call 06/17/30)^(c)		200		173,600
Fab Sukuk Co. Ltd., 2.50%, 01/21/25^(c)		200		193,200
Fortune Star BVI Ltd., 5.95%, 10/19/25 (Call 10/19/23)^(c)		200		110,000
Haidilao International Holding Ltd., 2.15%, 01/14/26^(c)		200		144,000
Huarong Finance 2017 Co. Ltd.
4.25%, 11/07/27^(c)		200		164,913
4.75%, 04/27/27^(c)		200		170,413
Huarong Finance 2019 Co. Ltd.
3.38%, 02/24/30 (Call 11/28/29)^(c)		200		150,038
3.75%, 05/29/24^(c)		400		366,575
4.50%, 05/29/29^(c)		200		157,725
ICBCIL Finance Co. Ltd.
1.63%, 11/02/24^(c)		400		380,732
3.75%, 03/05/24^(c)		200		199,475
IHS Holding Ltd.
5.63%, 11/29/26 (Call 11/29/23)^(c)		400		331,700
6.25%, 11/29/28 (Call 11/29/24)^(c)		600		489,000
Indian Oil Corp. Ltd., 4.75%, 01/16/24^(c)		200		201,662
Industrial & Commercial Bank of China Ltd., 3.20%, (Call 09/24/26)^(c)(e)(f)		800		768,800
Industrial & Commercial Bank of China Ltd./Hong Kong, 1.63%, 10/28/26^(c)		200		187,936
Industrial & Commercial Bank of China Ltd./London, 3.63%, 10/25/23, (3 mo. LIBOR US + 0.850%)^(c)(f)		200		200,844
Industrial & Commercial Bank of China Ltd./Singapore
1.00%, 10/28/24^(c)		200		190,220
1.20%, 09/09/25^(c)		200		187,242
3.61%, 04/25/24, (3 mo. LIBOR US + 0.830%)^(c)(f)		200		200,626
Industrial & Commercial Bank of China Macau Ltd., 2.88%, 09/12/29 (Call 09/12/24)^(c)(f)		200		194,884
Industrial Bank Co. Ltd./Hong Kong, 0.88%, 06/10/24^(c)		200		190,712

Security	Par (000)		Value

China (continued)
JD.com Inc., 3.88%, 04/29/26	$	200	$	197,975
JGSH Philippines Ltd., 4.13%, 07/09/30^(c)		400		371,575
Joy Treasure Assets Holdings Inc., 3.50%, 09/24/29 (Call 06/24/29)^(c)		200		174,952
Legend Fortune Ltd., 1.38%, 06/02/24^(c)		200		191,204
Lenovo Group Ltd.
3.42%, 11/02/30 (Call 08/02/30)^(c)		200		166,272
5.83%, 01/27/28		200		200,492
Leviathan Bond Ltd.
6.13%, 06/30/25 (Call 03/30/25)⁽ⁱ⁾		350		343,503
6.75%, 06/30/30 (Call 12/30/29)⁽ⁱ⁾		325		302,108
Longfor Group Holdings Ltd., 3.95%, 09/16/29^(c)		200		136,000
Meituan, 2.13%, 10/28/25 (Call 09/28/25)^(c)		200		179,200
Metropolitan Bank & Trust Co., 2.13%, 01/15/26^(c)		400		370,000
Mizrahi Tefahot Bank Ltd., 3.08%, 04/07/31 (Call 04/07/26)^(f)(i)		400		352,000
NBK Tier 1 Financing Ltd., 3.63%, (Call 08/24/26)^(c)(e)(f)		400		359,950
NWD Finance BVI Ltd., 4.13%, (Call 03/10/28)^(c)(e)(f)		200		155,000
Ooredoo International Finance Ltd., 2.63%, 04/08/31^(c)		800		724,000
Pioneer Reward Ltd., 1.30%, 04/09/24^(c)		200		192,125
Poly Real Estate Finance Ltd., 3.88%, 03/25/24^(c)		200		193,412
Prosus NV, 4.85%, 07/06/27 (Call 04/06/27)^(c)(d)		400		383,075
QIB Sukuk Ltd., 2.72%, 02/07/25, (3 mo. LIBOR US + 1.350%)^(c)(f)		400		399,075
QNB Finance Ltd., 2.75%, 02/12/27^(c)		700		664,475
REC Ltd., 2.25%, 09/01/26^(c)		200		180,788
RKPF Overseas 2020 A Ltd., 5.20%, 01/12/26 (Call 01/12/24)^(c)		200		74,000
Saudi Arabian Oil Co.
1.63%, 11/24/25 (Call 10/24/25)^(c)		400		375,000
3.50%, 11/24/70 (Call 05/24/70)^(c)		800		616,000
SF Holding Investment 2021 Ltd., 3.13%, 11/17/31^(c)		200		171,612
Shanghai Port Group BVI Development 2 Co. Ltd., 2.38%, 07/13/30 (Call 04/13/30)^(c)		200		178,592
Shanghai Pudong Development Bank Co. Ltd./Hong Kong, 0.88%, 07/13/24^(c)		200		190,814
Shui On Development Holding Ltd., 6.15%, 08/24/24 (Call 08/29/22)^(c)		200		157,000
Sino-Ocean Land Treasure Finance II Ltd., 5.95%, 02/04/27^(c)		200		54,538
SK Hynix Inc., 3.00%, 09/17/24^(c)		200		194,537
State Elite Global Ltd., 3.55%, 10/24/24, (3 mo. LIBOR US + 0.770%)^(c)(f)		200		199,672
Tencent Holdings Ltd.
1.81%, 01/26/26 (Call 12/26/25)^(c)		200		186,413
2.39%, 06/03/30 (Call 03/03/30)^(c)		200		169,800
2.88%, 04/22/31 (Call 01/22/31)^(c)(d)		200		175,402
3.24%, 06/03/50 (Call 12/03/49)^(c)		200		136,538
3.58%, 04/11/26 (Call 02/11/26)^(c)(d)		200		197,662
3.60%, 01/19/28 (Call 10/19/27)^(c)(d)		300		288,117
3.84%, 04/22/51 (Call 10/22/50)^(c)		200		152,462
3.94%, 04/22/61 (Call 10/22/60)^(c)		200		149,076
3.98%, 04/11/29 (Call 01/11/29)^(c)		400		383,575
4.53%, 04/11/49 (Call 10/11/48)^(c)(d)		200		171,788
Times China Holdings Ltd., 5.55%, 06/04/24 (Call 06/04/23)^(c)		200		24,000
Turkiye Vakiflar Bankasi TAO
5.25%, 02/05/25^(c)		400		342,575
6.50%, 01/08/26^(c)		500		423,531
Vanke Real Estate Hong Kong Co. Ltd., 4.20%, 06/07/24^(c)		400		368,000

Security	Par (000)		Value

China (continued)
Vigorous Champion International Ltd., 2.75%, 06/02/25^(c)	$	200	$	188,328
Weibo Corp., 3.38%, 07/08/30 (Call 04/08/30)^(d)		200		164,274
Well Hope Development Ltd., 3.88%, (Call 10/19/22)^(c)(e)(f)		200		199,500
Xiaomi Best Time International Ltd., 3.38%, 04/29/30^(c)		200		165,913
				30,499,483
Colombia — 4.2%
Alfa Desarrollo SpA, 4.55%, 09/27/51 (Call 03/27/51)^(c)		599		427,843
Avianca Midco 2 Ltd., 9.00%, 12/01/28 (Call 12/01/24)^(c)		950		793,250
Bancolombia SA
3.00%, 01/29/25 (Call 12/29/24)^(d)		600		551,737
4.63%, 12/18/29 (Call 12/18/24)^(f)		400		339,700
4.88%, 10/18/27 (Call 10/18/22)^(f)		400		366,020
Canacol Energy Ltd., 5.75%, 11/24/28 (Call 11/24/24)^(c)		200		165,038
Colombia Telecomunicaciones SA ESP, 4.95%, 07/17/30 (Call 04/17/30)^(c)		200		155,000
DBS Group Holdings Ltd., 1.17%, 11/22/24^(c)		400		379,825
Ecopetrol SA
4.13%, 01/16/25		783		752,071
4.63%, 11/02/31 (Call 08/02/31)		700		572,250
5.38%, 06/26/26 (Call 03/26/26)		835		805,149
5.88%, 09/18/23		850		856,332
5.88%, 05/28/45		1,100		826,375
5.88%, 11/02/51 (Call 05/02/51)^(d)		400		291,000
6.88%, 04/29/30 (Call 01/29/30)^(d)		1,100		1,045,330
7.38%, 09/18/43^(d)		475		422,839
Franshion Brilliant Ltd., 6.00%, (Call 02/08/26)^(c)(e)(f)		200		169,038
Guara Norte Sarl, 5.20%, 06/15/34^(c)		187		153,447
JSM Global Sarl, 4.75%, 10/20/30^(c)		200		154,100
Kenbourne Invest SA, 6.88%, 11/26/24 (Call 08/29/22)^(c)		200		186,038
Mexico Remittances Funding Fiduciary Estate Management Sarl, 4.88%, 01/15/28^(c)		200		160,250
Millicom International Cellular SA
4.50%, 04/27/31 (Call 04/27/26)^(c)		400		328,450
6.25%, 03/25/29 (Call 03/25/24)^(c)(d)		360		342,517
Minerva Luxembourg SA, 4.38%, 03/18/31^(c)		200		163,060
NagaCorp Ltd., 7.95%, 07/06/24 (Call 08/08/22)^(c)		400		359,950
National Central Cooling Co. PJSC, 2.50%, 10/21/27^(c)		200		181,700
Nexa Resources SA, 6.50%, 01/18/28 (Call 10/18/27)^(c)		200		193,913
Promigas SA ESP/Gases del Pacifico SAC, 3.75%, 10/16/29 (Call 07/16/29)^(c)		400		331,325
Sierracol Energy Andina Co., 6.00%, 06/15/28 (Call 06/15/24)^(c)		400		287,200
SURA Asset Management SA, 4.88%, 04/17/24^(c)		400		398,000
Termocandelaria Power Ltd., 7.88%, 01/30/29 (Call 01/30/23)^(c)		340		300,751
Transportadora de Gas Internacional SA ESP, 5.55%, 11/01/28 (Call 08/01/28)^(c)		400		366,325
				12,825,823
Egypt — 1.8%
Axis Bank Ltd., 4.10%, (Call 09/08/26)^(c)(e)(f)		200		168,000
Azul Investments LLP, 7.25%, 06/15/26^(c)		200		132,500
Banco do Brasil SA/Cayman
4.63%, 01/15/25^(c)		200		196,600
9.25%, 10/29/49^(c)		200		202,855
Bangkok Bank PCL/Hong Kong
3.73%, 09/25/34 (Call 09/25/29)^(c)(f)		800		705,650
5.00%, ^(c)(e)		600		557,737
Continuum Energy Levanter Pte Ltd., 4.50%, 02/09/27 (Call 02/09/24)^(c)		197		163,718

Security	Par (000)		Value

Egypt (continued)
Delhi International Airport Ltd., 6.13%, 10/31/26^(c)	$	400	$	363,825
Greenko Solar Mauritius Ltd.
5.55%, 01/29/25^(c)		200		188,000
5.95%, 07/29/26 (Call 08/29/22)^(c)		400		364,000
Minsur SA, 4.50%, 10/28/31^(c)		400		340,075
Oleoducto Central SA, 4.00%, 07/14/27 (Call 05/14/27)^(c)		200		169,475
Pampa Energia SA, 7.50%, 01/24/27 (Call 08/29/22)^(c)		450		363,375
Shriram Transport Finance Co. Ltd., 4.40%, 03/13/24^(c)		200		189,000
Telefonica Celular del Paraguay SA, 5.88%, 04/15/27^(c)		400		378,652
Vedanta Resources Finance II PLC, 13.88%, 01/21/24 (Call 12/21/22)^(c)		400		343,825
YPF SA, 2.50%, 06/30/29^(c)(j)		480		261,000
YPF Sociedad Anonima
1.50%, 09/30/33^(c)(j)		375		179,531
4.00%, 02/12/26^(c)(j)		480		379,200
				5,647,018
Ghana — 0.6%
Kosmos Energy Ltd., 7.13%, 04/04/26 (Call 08/29/22)^(c)		400		348,000
Tullow Oil PLC
7.00%, 03/01/25 (Call 08/30/22)^(c)		400		324,200
10.25%, 05/15/26 (Call 05/15/23)^(c)(d)		1,178		1,095,540
				1,767,740
Guatemala — 0.4%
Central American Bottling Corp./CBC Bottling Holdco SL/Beliv Holdco SL, 5.25%, 04/27/29 (Call 04/27/26)^(c)		800		748,704
CT Trust, 5.13%, 02/03/32 (Call 02/03/27)^(c)		600		525,600
				1,274,304
Hong Kong — 6.7%
Adani Green Energy Ltd., 4.38%, 09/08/24^(c)		200		185,500
AIA Group Ltd.
3.20%, 03/11/25 (Call 12/11/24)^(c)		200		197,600
3.20%, 09/16/40 (Call 03/16/40)^(c)		600		485,550
3.38%, 04/07/30 (Call 01/07/30)^(c)		200		191,538
3.60%, 04/09/29 (Call 01/09/29)^(c)		200		195,850
3.90%, 04/06/28 (Call 01/06/28)^(c)(d)		200		200,725
4.50%, 03/16/46 (Call 09/16/45)^(c)		200		192,475
Aldar Sukuk No. 2 Ltd., 3.88%, 10/22/29^(c)		200		192,870
Bank of China Hong Kong Ltd., 5.90%, (Call 09/14/23)^(c)(d)(e)(f)		800		812,000
Bank of Communications Hong Kong Ltd., 3.73%, (Call 03/03/25)^(c)(e)(f)		250		243,750
Bank of East Asia Ltd. (The), 5.83%, (Call 10/21/25)^(c)(e)(f)		250		232,500
Bocom Leasing Management Hong Kong Co. Ltd., 2.76%, 12/10/24, (3 mo. LIBOR US + 1.075%)^(c)(f)		200		197,975
CAS Capital No. 1 Ltd., 4.00%, (Call 07/12/26)^(c)(e)(f)		200		155,538
Castle Peak Power Finance Co. Ltd., 3.25%, 07/25/27^(c)		200		196,181
Cathay Pacific MTN Financing HK Ltd., 4.88%, 08/17/26^(c)		200		179,500
Celestial Miles Ltd., 5.75%, (Call 01/31/24)^(c)(e)(f)		200		195,500
China Mengniu Dairy Co. Ltd., 1.88%, 06/17/25 (Call 05/17/25)^(c)		200		187,626
CK Hutchison International 16 Ltd., 2.75%, 10/03/26^(c)		200		194,390
CK Hutchison International 17 II Ltd., 3.25%, 09/29/27^(c)(d)		200		196,662
CK Hutchison International 17 Ltd., 3.50%, 04/05/27^(c)		200		199,162
CK Hutchison International 19 II Ltd., 2.75%, 09/06/29 (Call 06/06/29)^(c)		200		184,946
CK Hutchison International 19 Ltd.
3.25%, 04/11/24 (Call 03/11/24)^(c)(d)		200		198,910
3.38%, 09/06/49^(c)		200		163,762
3.63%, 04/11/29 (Call 01/11/29)^(c)		200		195,473

Security	Par (000)		Value

Hong Kong (continued)
CK Hutchison International 20 Ltd.
2.50%, 05/08/30 (Call 02/08/30)^(c)	$	200	$	179,336
3.38%, 05/08/50^(c)		200		163,306
CK Hutchison International 21 Co.
1.50%, 04/15/26 (Call 03/15/26)^(c)		200		186,364
2.50%, 04/15/31 (Call 01/15/31)^(c)		200		178,346
3.13%, 04/15/41 (Call 10/15/40)^(c)		200		164,482
CLP Power HK Finance Ltd., 3.55%, (Call 02/06/25)^(c)(e)(f)		200		187,288
CNCBINV 1 BVI Ltd., 1.75%, 11/17/24^(c)		200		189,163
Country Garden Holdings Co. Ltd., 3.30%, 01/12/31 (Call 10/12/30)^(c)		200		61,000
Elect Global Investments Ltd.
4.10%, (Call 06/03/25)^(c)(e)(f)		200		170,288
4.85%, (Call 08/25/23)^(c)(e)		200		160,000
Emirates NBD Bank PJSC, 4.25%, (Call 02/27/27)^(c)(e)(f)		200		181,250
EnfraGen Energia Sur SA, 5.38%, 12/30/30^(c)		400		269,500
Equate Petrochemical BV, 2.63%, 04/28/28 (Call 01/28/28)^(c)		600		537,750
Esic Sukuk Ltd., 3.94%, 07/30/24^(c)		200		195,350
FWD Group Ltd.
5.75%, 07/09/24^(c)		200		188,663
6.38%, (Call 09/13/24)^(c)(e)(f)		200		176,663
8.05%, (Call 12/15/22)^(c)(e)(f)		200		188,100
Galaxy Pipeline Assets Bidco Ltd., 2.16%, 03/31/34^(c)		577		503,731
GEMS MENASA Cayman Ltd./GEMS Education Delaware LLC, 7.13%, 07/31/26 (Call 08/29/22)^(c)		200		186,500
HKT Capital No. 4 Ltd., 3.00%, 07/14/26^(c)		400		386,075
Hongkong Electric Finance Ltd.
1.88%, 08/27/30 (Call 02/27/30)^(c)		200		167,975
2.88%, 05/03/26^(c)		200		195,287
Hongkong Land Finance Cayman Islands Co. Ltd. (The)
2.25%, 07/15/31 (Call 04/15/31)^(c)		200		171,088
2.88%, 05/27/30 (Call 02/27/30)^(c)		200		182,288
HPHT Finance 21 Ltd., 2.00%, 03/19/26 (Call 02/19/26)^(c)		200		187,390
Hutchison Whampoa International 14 Ltd., 3.63%, 10/31/24^(c)		200		200,090
Hutchison Whampoa International Ltd., 7.45%, 11/24/33^(c)		100		129,987
IFC Development Corporate Treasury Ltd., 3.63%, 04/17/29^(c)		200		193,975
International Bank of Azerbaijan OJSC, 3.50%, 09/01/24^(c)		850		803,250
JMH Co. Ltd., 2.50%, 04/09/31 (Call 01/09/31)^(c)		200		174,424
Li & Fung Ltd.
4.38%, 10/04/24 (Call 09/04/24)^(c)		200		187,000
5.25%, (Call 11/03/22)^(c)(e)		200		114,000
Link Finance Cayman 2009 Ltd. (The), 3.60%, 09/03/24^(c)		200		199,975
MTR Corp. Ltd., 1.63%, 08/19/30^(c)		400		342,700
Nan Fung Treasury III Ltd., 5.00%, (Call 09/10/23)^(c)(e)		200		151,975
Nanyang Commercial Bank Ltd., 3.80%, 11/20/29 (Call 11/20/24)^(c)(f)		250		243,250
New World China Land Ltd., 4.75%, 01/23/27^(c)		200		195,162
NWD Finance BVI Ltd., 6.25%, (Call 03/07/24)^(c)(e)		400		321,325
NWD MTN Ltd.
4.13%, 07/18/29^(c)		200		174,100
4.50%, 05/19/30^(c)		200		175,663
Petron Corp., 5.95%, (Call 04/19/26)^(c)(e)(f)		400		376,075
Philippine National Bank, 3.28%, 09/27/24^(c)		600		581,362
Phoenix Lead Ltd., 4.85%, (Call 02/23/23)^(c)(e)		200		173,750
Prudential PLC, 3.13%, 04/14/30		400		371,818
QNB Finance Ltd., 1.63%, 09/22/25^(c)		400		373,500
SABIC Capital I BV, 3.00%, 09/14/50 (Call 03/14/50)^(c)		200		144,000
Sands China Ltd.
4.30%, 01/08/26 (Call 12/08/25)		600		537,060

Security	Par (000)		Value

Hong Kong (continued)
5.13%, 08/08/25 (Call 06/08/25)	$	1,200	$	1,123,884
Seaspan Corp., 5.50%, 08/01/29 (Call 08/01/24)^(c)		200		156,500
Shelf Drilling Holdings Ltd., 8.25%, 02/15/25^(c)		340		245,607
SingTel Group Treasury Pte. Ltd., 1.88%, 06/10/30 (Call 03/10/30)^(c)		300		261,712
SMC Global Power Holdings Corp., 5.70%, (Call 01/21/26)^(c)(e)(f)		400		356,000
Sun Hung Kai Properties Capital Market Ltd.
2.88%, 01/21/30^(c)		200		183,600
3.75%, 02/25/29^(c)		200		196,662
Swire Pacific MTN Financing Ltd., 4.50%, 10/09/23^(c)		200		202,537
Swire Properties MTN Financing Ltd., 3.63%, 01/13/26^(c)		200		200,412
Westwood Group Holdings Ltd., 2.80%, 01/20/26^(c)		200		172,663
Wharf REIC Finance BVI Ltd., 3.50%, 01/17/28^(c)		200		195,537
Wheelock MTN BVI Ltd., 2.38%, 01/25/26^(c)		200		189,413
				20,582,134
India — 4.5%
ABJA Investment Co. Pte Ltd.
5.45%, 01/24/28^(c)		200		195,500
5.95%, 07/31/24^(c)		400		403,000
Adani Electricity Mumbai Ltd., 3.95%, 02/12/30^(c)		200		161,850
Adani Green Energy UP Ltd./Prayatna Developers Pvt Ltd./Parampujya Solar Energy, 6.25%, 12/10/24^(c)		200		194,163
Adani Ports & Special Economic Zone Ltd.
3.10%, 02/02/31^(c)		200		154,350
3.38%, 07/24/24^(c)		200		194,413
4.20%, 08/04/27 (Call 02/04/27)^(c)		200		184,913
4.38%, 07/03/29^(c)		200		176,100
Adani Transmission Ltd., 4.00%, 08/03/26^(c)		200		190,038
Bharat Petroleum Corp. Ltd., 4.00%, 05/08/25^(c)		200		197,662
Bharti Airtel International Netherlands BV, 5.35%, 05/20/24^(c)		200		203,912
Bharti Airtel Ltd.
3.25%, 06/03/31^(c)		200		169,990
4.38%, 06/10/25^(c)		200		199,100
BPRL International Singapore Pte Ltd., 4.38%, 01/18/27^(c)		200		196,162
Digicel International Finance Ltd./Digicel international Holdings Ltd., 8.75%, 05/25/24 (Call 08/15/22)^(c)		450		420,975
Geopark Ltd., 5.50%, 01/17/27 (Call 01/17/24)^(c)		200		170,663
Greenko Power II Ltd., 4.30%, 12/13/28 (Call 12/14/24)^(c)		196		166,175
Greenko Wind Projects Mauritius Ltd., 5.50%, 04/06/25 (Call 04/06/24)^(c)		200		187,250
HDFC Bank Ltd., 3.70%, (Call 08/25/26)^(c)(e)(f)		200		169,500
Hindustan Petroleum Corp. Ltd., 4.00%, 07/12/27^(c)		200		193,788
ICICI Bank Ltd./Dubai, 4.00%, 03/18/26^(c)		450		447,272
Indian Railway Finance Corp. Ltd.
2.80%, 02/10/31^(c)		200		164,758
3.25%, 02/13/30^(c)		200		176,163
3.57%, 01/21/32^(c)		200		175,950
3.73%, 03/29/24^(c)		200		198,890
JSW Hydro Energy Ltd., 4.13%, 05/18/31 (Call 05/18/26)^(c)		184		157,320
JSW Steel Ltd.
3.95%, 04/05/27 (Call 10/05/26)^(c)		200		169,500
5.05%, 04/05/32 (Call 10/05/31)^(c)		200		156,000
LG Chem Ltd.
1.38%, 07/07/26^(c)		400		360,420
2.38%, 07/07/31^(c)		200		168,968
MAR Sukuk Ltd., 2.21%, 09/02/25^(c)		400		378,000
Melco Resorts Finance Ltd., 5.38%, 12/04/29 (Call 12/04/24)^(c)		800		552,000

Security	Par (000)		Value

India (continued)
Network i2i Ltd.
3.98%, ^(c)(e)	$	200	$	165,500
5.65%, (Call 01/15/25)^(c)(e)(f)		400		383,920
NTPC Ltd.
4.25%, 02/26/26^(c)		200		199,975
4.38%, 11/26/24^(c)		200		199,975
Oil India Ltd.
5.13%, 02/04/29^(c)		200		198,537
5.38%, 04/17/24^(c)		200		203,475
ONGC Videsh Ltd., 4.63%, 07/15/24^(c)		200		200,787
ONGC Videsh Vankorneft Pte Ltd., 3.75%, 07/27/26^(c)		200		194,038
Periama Holdings LLC/DE, 5.95%, 04/19/26^(c)		200		185,750
POSCO, 2.75%, 07/15/24^(c)		200		195,475
Power Finance Corp. Ltd.
3.95%, 04/23/30^(c)(d)		200		179,538
4.50%, 06/18/29^(c)		400		376,825
REC Ltd., 3.38%, 07/25/24^(c)		200		196,037
Reliance Industries Ltd.
2.88%, 01/12/32^(c)		350		296,733
3.63%, 01/12/52^(c)		400		306,640
3.67%, 11/30/27^(c)		250		244,500
3.75%, 01/12/62^(c)		400		300,575
4.13%, 01/28/25^(c)		250		250,281
6.25%, 10/19/40^(c)		250		277,367
ReNew Wind Energy AP2/ReNew Power Pvt Ltd. other 9 Subsidiaries, 4.50%, 07/14/28 (Call 10/14/23)^(c)(d)		200		166,000
Samba Funding Ltd., 2.75%, 10/02/24^(c)		600		582,112
ST Engineering RHQ Ltd., 1.50%, 04/29/25 (Call 01/29/25)^(c)		400		377,950
State Bank of India/London
4.38%, 01/24/24^(c)		200		201,100
4.88%, 04/17/24^(c)		200		202,850
Summit Digitel Infrastructure Pvt. Ltd., 2.88%, 08/12/31 (Call 08/12/30)^(c)		200		155,692
Vedanta Resources Finance II PLC
8.95%, 03/11/25 (Call 09/11/24)^(c)		200		147,000
9.25%, 04/23/26 (Call 04/23/23)^(c)(d)		200		124,000
Wipro IT Services LLC, 1.50%, 06/23/26 (Call 05/23/26)^(c)		200		181,750
				13,929,127
Indonesia — 3.7%
Adaro Indonesia PT, 4.25%, 10/31/24 (Call 10/31/22)^(c)		500		478,219
Anadolu Efes Biracilik Ve Malt Sanayii AS, 3.38%, 06/29/28 (Call 03/29/28)^(c)		400		268,700
Antofagasta PLC, 2.38%, 10/14/30 (Call 07/14/30)^(c)		200		158,000
Aragvi Finance International SR, 8.45%, 04/29/26 (Call 04/29/24)^(c)		400		286,000
Bank Mandiri Persero Tbk PT
3.75%, 04/11/24^(c)		200		198,662
4.75%, 05/13/25^(c)		600		605,550
Bank Negara Indonesia Persero Tbk PT
3.75%, 03/30/26^(c)		400		367,044
4.30%, (Call 03/24/27)^(c)(e)(f)		400		338,544
Bank Rakyat Indonesia Persero Tbk PT, 3.95%, 03/28/24^(c)		300		297,033
Cikarang Listrindo Tbk PT, 4.95%, 09/14/26 (Call 08/29/22)^(c)		400		366,700
Freeport Indonesia PT
4.76%, 04/14/27 (Call 03/14/27)^(c)		500		485,625
5.32%, 04/14/32 (Call 01/01/32)^(c)		1,000		931,250
6.20%, 04/14/52 (Call 10/14/51)^(c)		500		441,250
HKT Capital No. 6 Ltd., 3.00%, 01/18/32 (Call 10/18/31)^(c)		200		175,562
Indika Energy Capital IV Pte Ltd., 8.25%, 10/22/25 (Call 10/22/22)^(c)		250		240,750

Security	Par (000)		Value

Indonesia (continued)
Indofood CBP Sukses Makmur Tbk PT
3.40%, 06/09/31 (Call 12/09/30)^(c)	$	800	$	670,088
4.75%, 06/09/51 (Call 12/09/50)^(c)		400		297,044
Inventive Global Investments Ltd., 1.65%, 09/03/25^(c)		200		186,906
Link Finance Cayman 2009 Ltd. (The), 2.75%, 01/19/32^(c)		200		179,612
LLPL Capital Pte Ltd., 6.88%, 02/04/39^(c)		349		328,478
Medco Bell Pte Ltd., 6.38%, 01/30/27 (Call 01/30/24)^(c)		400		355,500
Medco Oak Tree Pte Ltd., 7.38%, 05/14/26 (Call 05/14/23)^(c)		400		374,000
Medco Platinum Road Pte Ltd., 6.75%, 01/30/25 (Call 08/29/22)^(c)		200		192,163
Minejesa Capital BV
4.63%, 08/10/30^(c)		800		720,088
5.63%, 08/10/37^(c)		600		485,925
Perusahaan Gas Negara Tbk PT, 5.13%, 05/16/24^(c)		1,000		1,006,750
Star Energy Geothermal Darajat II/Star Energy Geothermal Salak, 4.85%, 10/14/38 (Call 10/14/29)^(c)		600		507,300
State Bank of India/London, 1.80%, 07/13/26^(c)		400		367,772
Swire Pacific MTN Financing HK Ltd., 2.88%, 01/30/30 (Call 10/30/29)^(c)		200		183,725
				11,494,240
Israel — 3.3%
Bank Hapoalim BM, 3.26%, 01/21/32 (Call 01/21/27)^(f)(i)		400		346,000
Bank Leumi Le-Israel BM, 3.28%, 01/29/31 (Call 01/29/26)^(f)(i)		400		356,625
Bank of East Asia Ltd. (The), 5.88%, (Call 09/19/24)^(c)(e)(f)		250		236,250
Country Garden Holdings Co. Ltd., 4.20%, 02/06/26 (Call 02/06/24)^(c)		200		69,000
Energean Israel Finance Ltd., 5.88%, 03/30/31 (Call 09/30/30)⁽ⁱ⁾		350		299,250
ICL Group Ltd., 6.38%, 05/31/38 (Call 11/30/37)⁽ⁱ⁾		400		398,950
Israel Electric Corp. Ltd.
4.25%, 08/14/28⁽ⁱ⁾		600		593,363
Series 6, 5.00%, 11/12/24⁽ⁱ⁾		700		709,100
OCP SA, 3.75%, 06/23/31 (Call 03/23/31)^(c)		300		250,125
Playtika Holding Corp., 4.25%, 03/15/29 (Call 03/15/24)^(c)		350		313,058
Riyad Tier 1 Sukuk Ltd., 4.00%, (Call 02/16/27)^(c)(e)(f)		200		188,750
Teva Pharmaceutical Finance Co. LLC, 6.15%, 02/01/36^(d)		480		434,700
Teva Pharmaceutical Finance Netherlands III BV
2.80%, 07/21/23		0		—
3.15%, 10/01/26		2,001		1,793,796
4.10%, 10/01/46		1,090		763,204
4.75%, 05/09/27 (Call 02/09/27)		400		375,860
5.13%, 05/09/29 (Call 02/09/29)		550		496,375
6.00%, 04/15/24 (Call 01/15/24)^(d)		600		599,362
6.75%, 03/01/28 (Call 12/01/27)		700		696,290
7.13%, 01/31/25 (Call 10/31/24)		600		610,237
Turkiye Is Bankasi AS, 7.75%, 01/22/30 (Call 01/22/25)^(c)(f)		500		435,875
Yancoal International Resources Development Co. Ltd., 3.50%, 11/04/23^(c)		200		195,038
				10,161,208
Jamaica — 0.1%
Digicel International Finance Ltd./Digicel international Holdings Ltd., 8.75%, 05/25/24 (Call 08/15/22)^(c)		250		234,734

Jordan — 0.3%
Galaxy Pipeline Assets Bidco Ltd., 2.94%, 09/30/40^(c)		590		495,972
Hikma Finance USA LLC, 3.25%, 07/09/25^(c)		200		189,038

Security	Par (000)		Value

Jordan (continued)
SMC Global Power Holdings Corp., 7.00%, (Call 10/21/25)^(c)(e)(f)	$	400	$	376,450
				1,061,460
Kazakhstan — 0.9%
Arab National Bank, 3.33%, 10/28/30 (Call 10/28/25)^(c)(f)		200		188,500
Energean Israel Finance Ltd., 5.38%, 03/30/28 (Call 09/30/27)⁽ⁱ⁾		350		308,000
SA Global Sukuk Ltd., 2.69%, 06/17/31 (Call 03/17/31)^(c)		1,000		907,500
SNB Sukuk Ltd., 2.34%, 01/19/27^(c)		200		186,750
Tengizchevroil Finance Co. International Ltd.
2.63%, 08/15/25 (Call 05/15/25)^(c)		200		166,788
3.25%, 08/15/30 (Call 02/15/30)^(c)		600		436,500
4.00%, 08/15/26^(c)		700		590,187
				2,784,225
Kuwait — 2.1%
Abu Dhabi National Energy Co. PJSC, 2.00%, 04/29/28 (Call 01/29/28)^(c)		400		360,825
Agricultural Bank of China Ltd./New York, 0.85%, 01/19/24^(c)		200		193,140
Boubyan Sukuk Ltd.
2.59%, 02/18/25^(c)		400		382,000
3.39%, 03/29/27^(c)		400		388,000
Burgan Bank SAK, 5.75%, (Call 07/09/24)^(c)(e)(f)		400		346,325
China CITIC Bank International Ltd., 7.10%, (Call 11/06/23)^(c)(e)(f)		200		204,300
Equate Petrochemical BV, 4.25%, 11/03/26^(c)		800		789,400
Equate Sukuk Spc Ltd., 3.94%, 02/21/24^(c)		200		199,062
Kuwait Projects Co. SPC Ltd.
4.23%, 10/29/26^(c)		400		322,200
4.50%, 02/23/27^(c)		200		155,475
Leviathan Bond Ltd., 6.50%, 06/30/27 (Call 12/30/26)⁽ⁱ⁾		300		289,650
MEGlobal Canada ULC
5.00%, 05/18/25^(c)		600		606,300
5.88%, 05/18/30^(c)		400		420,200
NBK SPC Ltd., 1.63%, 09/15/27 (Call 09/15/26), (SOFR + 1.050%)^(c)(f)		800		720,000
NBK Tier 1 Financing 2 Ltd., 4.50%, (Call 08/27/25)^(c)(e)(f)		400		372,825
SABIC Capital I BV, 2.15%, 09/14/30 (Call 06/14/30)^(c)		200		171,000
Warba Sukuk Ltd., 2.98%, 09/24/24^(c)		400		392,325
				6,313,027
Luxembourg — 0.1%
Altice Financing SA, 5.00%, 01/15/28 (Call 01/15/23)^(c)		400		352,992

Macau — 1.7%
Champion Path Holdings Ltd.
4.50%, 01/27/26 (Call 01/27/24)^(c)		400		256,000
4.85%, 01/27/28 (Call 01/27/25)^(c)		300		180,150
Melco Resorts Finance Ltd.
4.88%, 06/06/25 (Call 08/29/22)^(c)(d)		604		474,925
5.25%, 04/26/26 (Call 08/29/22)^(c)		400		312,000
5.63%, 07/17/27 (Call 08/29/22)^(c)(d)		400		296,000
5.75%, 07/21/28 (Call 07/21/23)^(c)		400		284,000
MGM China Holdings Ltd.
5.38%, 05/15/24 (Call 08/08/22)^(c)		500		450,000
5.88%, 05/15/26 (Call 08/08/22)^(c)		500		412,438
Sands China Ltd.
3.10%, 03/08/29 (Call 01/08/29)^(c)		600		473,964
4.88%, 06/18/30 (Call 03/18/30)		200		169,500
5.40%, 08/08/28 (Call 05/08/28)		1,000		901,190

Security	Par (000)		Value

Macau (continued)
Studio City Finance Ltd.
5.00%, 01/15/29 (Call 01/15/24)^(c)	$	700	$	346,850
6.00%, 07/15/25 (Call 08/29/22)^(c)		200		128,998
6.50%, 01/15/28 (Call 07/15/23)^(c)		400		211,450
Wynn Macau Ltd., 5.13%, 12/15/29 (Call 12/15/24)^(c)		600		448,500
				5,345,965
Malaysia — 1.7%
Axiata SPV2 Bhd, 4.36%, 03/24/26^(c)		200		203,538
Axiata SPV5 Labuan Ltd., 3.06%, 08/19/50 (Call 02/19/50)^(c)		600		420,675
CIMB Bank Bhd
2.13%, 07/20/27^(c)		200		183,850
3.20%, 10/09/24, (3 mo. LIBOR US + 0.780%)^(c)(f)		600		599,362
Genm Capital Labuan Ltd., 3.88%, 04/19/31 (Call 01/19/31)^(c)		600		458,430
Gohl Capital Ltd., 4.25%, 01/24/27^(c)		900		797,231
Malayan Banking Bhd, 2.24%, 08/16/24, (3 mo. LIBOR US + 0.800%)^(c)(f)		600		599,550
Misc Capital Two Labuan Ltd., 3.75%, 04/06/27 (Call 03/06/27)^(c)		400		380,508
NWD Finance BVI Ltd., 4.80%, (Call 09/09/23)^(c)(e)		200		144,038
RBH Bank, 1.66%, 06/29/26^(c)		200		185,762
TNB Global Ventures Capital Bhd
3.24%, 10/19/26^(c)		600		583,988
4.85%, 11/01/28^(c)		500		517,906
				5,074,838
Mexico — 4.3%
Alfa SAB de CV
5.25%, 03/25/24 (Call 12/25/23)^(c)		200		199,225
6.88%, 03/25/44 (Call 09/25/43)^(c)		200		189,500
Alpek SAB de CV, 4.25%, 09/18/29 (Call 06/18/29)^(c)		200		184,038
Alsea SAB de CV, 7.75%, 12/14/26 (Call 12/14/23)^(c)		200		185,163
America Movil SAB de CV
2.88%, 05/07/30 (Call 02/07/30)^(d)		200		183,670
3.63%, 04/22/29 (Call 01/22/29)^(d)		200		194,548
4.38%, 07/16/42		400		375,575
4.38%, 04/22/49 (Call 10/22/48)^(d)		400		381,950
4.70%, 07/21/32		200		207,000
6.13%, 03/30/40		500		567,281
6.38%, 03/01/35		250		292,500
Banco Inbursa SA Institucion De Banca Multiple Grupo Financiero Inbursa
4.13%, 06/06/24^(c)		300		296,587
4.38%, 04/11/27 (Call 01/11/27)^(c)		150		142,950
Banco Mercantil del Norte SA/Grand Cayman, 6.75%, (Call 09/27/24)^(c)(d)(e)(f)		200		188,288
Banco Santander Mexico SA Institucion de Banca Multiple
Grupo Financiero Santand
5.38%, 04/17/25^(c)		500		506,250
5.95%, 10/01/28^(c)		200		198,912
BBVA Bancomer SA/Texas
4.38%, 04/10/24^(c)		200		198,537
5.13%, 01/18/33 (Call 01/17/28)^(c)(f)		200		173,000
Becle SAB de CV, 2.50%, 10/14/31 (Call 07/14/31)^(c)		200		165,036
Cemex SAB de CV
5.45%, 11/19/29 (Call 11/19/24)^(c)		200		183,500
7.38%, 06/05/27 (Call 06/05/23)^(c)		200		202,000
Cemex SAB De CV, 5.13%, (Call 06/08/26)^(c)(e)(f)		200		167,000
Cibanco SA Ibm/PLA Administradora Industrial S de RL de CV, 4.96%, 07/18/29 (Call 04/18/29)^(c)		200		178,475

Security	Par (000)			Value

Mexico (continued)
Coca-Cola Femsa SAB de CV
1.85%, 09/01/32 (Call 06/01/32)^(d)	$	150	$	122,217
2.75%, 01/22/30 (Call 10/22/29)^(d)		350		321,081
5.25%, 11/26/43		150		151,763
Cometa Energia SA de CV, 6.38%, 04/24/35 (Call 01/24/35)^(c)(d)		175		166,440
FEL Energy VI Sarl, 5.75%, 12/01/40^(c)		189		135,632
Fomento Economico Mexicano SAB de CV
3.50%, 01/16/50 (Call 07/16/49)		600		471,540
4.38%, 05/10/43		150		135,975
Fresnillo PLC, 4.25%, 10/02/50 (Call 04/02/50)^(c)		200		150,600
Grupo Aeromexico SAB de CV, 8.50%, 03/17/27 (Call 03/17/24)^(c)		200		188,000
Grupo Bimbo SAB de CV
3.88%, 06/27/24^(c)		200		199,100
4.00%, 09/06/49^(c)		200		166,625
4.70%, 11/10/47 (Call 05/10/47)^(c)(d)		200		186,413
4.88%, 06/27/44^(c)(d)		200		188,350
5.95%, (Call 04/17/23)^(c)(e)(f)		200		196,360
Grupo Televisa SAB
5.00%, 05/13/45 (Call 11/13/44)		200		189,494
5.25%, 05/24/49 (Call 11/24/48)^(d)		200		197,037
6.13%, 01/31/46 (Call 07/31/45)		200		220,037
6.63%, 01/15/40		200		219,600
Industrias Penoles SAB de CV, 4.15%, 09/12/29 (Call 06/12/29)^(c)		200		184,975
Infraestructura Energetica Nova SAB de CV
4.75%, 01/15/51 (Call 07/15/50)^(c)		200		145,375
4.88%, 01/14/48^(c)		200		144,350
Minera Mexico SA de CV, 4.50%, 01/26/50 (Call 07/26/49)^(c)		200		158,663
Orbia Advance Corp. SAB de CV
1.88%, 05/11/26 (Call 04/11/26)^(c)		200		180,500
2.88%, 05/11/31 (Call 02/11/31)^(c)		200		164,350
4.00%, 10/04/27 (Call 07/04/27)^(c)		200		192,537
5.50%, 01/15/48 (Call 07/15/47)^(c)		200		170,288
Sigma Alimentos SA de CV, 4.13%, 05/02/26 (Call 02/02/26)^(c)		400		386,200
Southern Copper Corp.
3.88%, 04/23/25		150		147,938
5.25%, 11/08/42^(d)		300		293,782
5.88%, 04/23/45^(d)		370		389,120
6.75%, 04/16/40		300		341,625
7.50%, 07/27/35		200		238,037
Total Play Telecomunicaciones SA de CV, 6.38%, 09/20/28 (Call 09/30/25)^(c)		200		155,680
Trust Fibra Uno
4.87%, 01/15/30 (Call 10/30/29)^(c)		200		171,250
5.25%, 01/30/26 (Call 10/30/25)^(c)		200		187,225
6.39%, 01/15/50 (Call 07/15/49)^(c)		200		155,000
6.95%, 01/30/44 (Call 07/30/43)^(c)		200		163,850
Unifin Financiera SAB de CV, 9.88%, 01/28/29 (Call 01/28/25)^(c)(d)		200		104,000
				13,241,994
Morocco — 0.5%
MGM China Holdings Ltd., 5.25%, 06/18/25 (Call 08/08/22)^(c)		200		168,538
OCP SA
4.50%, 10/22/25^(c)		400		392,860
5.63%, 04/25/24^(c)		525		530,020

Security	Par (000)		Value

Morocco (continued)
6.88%, 04/25/44^(c)	$	400	$	340,825
				1,432,243
Nigeria — 0.4%
Access Bank PLC
6.13%, 09/21/26^(c)		200		147,225
9.13%, (Call 10/07/26)^(c)(e)(f)		400		282,000
HTA Group Ltd./Mauritius, 7.00%, 12/18/25 (Call 08/30/22)^(c)		600		532,800
IHS Netherlands Holdco BV, 8.00%, 09/18/27 (Call 09/18/22)^(c)		400		356,080
				1,318,105
Oman — 0.5%
Bank Muscat SAOG, 4.75%, 03/17/26^(c)		400		383,000
DIB Sukuk Ltd., 1.96%, 06/22/26^(c)		400		369,000
Oztel Holdings SPC Ltd.
5.63%, 10/24/23^(c)		200		200,725
6.63%, 04/24/28^(c)		700		713,913
				1,666,638
Panama — 0.9%
AES Panama Generation Holdings SRL, 4.38%, 05/31/30 (Call 02/28/30)^(c)		1,000		818,313
Banco General SA, 4.13%, 08/07/27 (Call 05/07/27)^(c)		400		379,950
C&W Senior Financing DAC, 6.88%, 09/15/27 (Call 09/15/22)^(c)(d)		800		712,520
Cable Onda SA, 4.50%, 01/30/30 (Call 01/30/25)^(c)		400		356,500
Engie Energia Chile SA, 3.40%, 01/28/30 (Call 10/28/29)^(c)		200		164,000
Sable International Finance Ltd., 5.75%, 09/07/27 (Call 09/07/22)^(c)		300		264,750
				2,696,033
Paraguay — 0.1%
Bioceanico Sovereign Certificate Ltd., 0.00%, 06/05/34^(c)(h)		421		262,704
Peru — 2.2%
Banco de Credito del Peru, 2.70%, 01/11/25 (Call 12/11/24)^(c)(d)		500		473,125
Banco de Credito del Peru S.A.
3.13%, 07/01/30 (Call 07/01/25)^(c)(f)		550		500,775
3.25%, 09/30/31 (Call 09/30/26)^(c)(f)		250		217,547
CA Magnum Holdings, 5.38%, 10/31/26 (Call 10/31/23)^(c)		200		176,000
Cia. De Minas Buenaventur Co., 5.50%, 07/23/26 (Call 07/23/23)^(c)		400		344,000
Consorcio Transmantaro SA
4.70%, 04/16/34^(c)(d)		400		366,325
5.20%, 04/11/38 (Call 01/11/38)^(c)		400		365,000
Hunt Oil Co. of Peru LLC Sucursal Del Peru, 6.38%, 06/01/28^(c)		366		334,752
Inkia Energy Ltd., 5.88%, 11/09/27 (Call 11/09/22)^(c)		400		365,325
InRetail Consumer, 3.25%, 03/22/28 (Call 01/22/28)^(c)		400		330,700
Kallpa Generacion SA, 4.13%, 08/16/27 (Call 05/16/27)^(c)		400		366,950
Lima Metro Line 2 Finance Ltd.
4.35%, 04/05/36^(c)		376		336,693
5.88%, 07/05/34^(c)		384		374,448
Nemak SAB de CV, 3.63%, 06/28/31 (Call 03/28/31)^(c)		200		154,500
Peru LNG Srl, 5.38%, 03/22/30^(c)		600		499,500
Transportadora de Gas del Peru SA, 4.25%, 04/30/28^(c)		600		579,488
Wynn Macau Ltd., 5.50%, 01/15/26 (Call 08/29/22)^(c)		600		486,000
XP Inc., 3.25%, 07/01/26 (Call 06/01/26)^(c)		200		179,400
YPF SA, 8.75%, 04/04/24^(c)		441		323,033
				6,773,561

Security	Par (000)		Value

Philippines — 0.8%
Bank of the Philippine Islands, 4.25%, 09/04/23^(c)	$	200	$	200,475
BDO Unibank Inc., 2.13%, 01/13/26^(c)		400		372,500
Galaxy Pipeline Assets Bidco Ltd., 1.75%, 09/30/27^(c)		357		336,136
Globe Telecom Inc., 4.20%, (Call 08/02/26)^(c)(e)(f)		400		368,000
Petron Corp., 4.60%, (Call 07/19/23)^(c)(e)(f)		200		188,225
San Miguel Crop., 5.50%, (Call 07/29/25)^(c)(e)(f)		400		383,500
SMC Global Power Holdings Corp., 6.50%, (Call 04/25/24)^(c)(e)(f)		500		472,906
				2,321,742
Poland — 0.1%
Canpack SA/Canpack U.S. LLC, 3.88%, 11/15/29 (Call 11/15/24)^(c)		500		416,719

Qatar — 3.1%
ABQ Finance Co., 2.00%, 07/06/26^(c)		400		367,500
ABQ Finance Ltd.
1.88%, 09/08/25^(c)		200		187,250
3.13%, 09/24/24^(c)		400		392,500
AI Candelaria Spain SLU, 5.75%, 06/15/33 (Call 06/15/28)^(c)		400		298,000
AKCB Finance Ltd., 4.75%, 10/09/23^(c)		200		201,600
Beijing Gas Singapore Capital Corp., 1.88%, 01/18/25^(c)		200		190,434
Braskem Idesa SAPI, 6.99%, 02/20/32 (Call 02/20/27)^(c)		400		336,880
CBQ Finance Ltd., 2.00%, 09/15/25^(c)		400		374,500
Central Plaza Development Ltd., 4.65%, 01/19/26 (Call 10/19/25)^(c)		200		138,750
Industrias Penoles SAB de CV, 4.75%, 08/06/50 (Call 02/06/50)^(c)		200		161,788
Liquid Telecommunications Financing Plc, 5.50%, 09/04/26 (Call 03/04/23)^(c)		400		348,825
MAR Sukuk Ltd., 3.03%, 11/13/24^(c)		400		391,825
Nakilat Inc., 6.07%, 12/31/33^(c)		598		632,179
Ooredoo International Finance Ltd.
3.75%, 06/22/26^(c)		400		399,075
3.88%, 01/31/28^(c)		200		198,663
4.50%, 01/31/43^(c)		200		200,475
5.00%, 10/19/25^(c)		600		620,400
QIB Sukuk Ltd.
1.95%, 10/27/25^(c)		500		471,875
3.98%, 03/26/24^(c)		600		600,675
QNB Finance Ltd.
2.63%, 05/12/25^(c)		600		579,750
3.50%, 03/28/24^(c)		600		597,675
Ras Laffan Liquefied Natural Gas Co. Ltd. III
5.84%, 09/30/27^(c)		521		544,947
6.33%, 09/30/27^(c)		468		488,729
SingTel Group Treasury Pte. Ltd., 2.38%, 08/28/29 (Call 05/28/29)^(c)		400		366,700
SMC Global Power Holdings Corp., 5.45%, (Call 12/09/26)^(c)(e)(f)		400		343,500
				9,434,495
Russia — 0.2%
QIIB Senior Sukuk Ltd., 4.26%, 03/05/24^(c)		600		600,000
Saudi Arabia — 3.5%
Acwa Power Management And Investments One Ltd., 5.95%, 12/15/39^(c)		200		197,704
Almarai Sukuk Ltd., 4.31%, 03/05/24^(c)		200		199,662
Arabian Centres Sukuk II Ltd., 5.63%, 10/07/26^(c)		200		180,288
Contemporary Ruiding Development Ltd., 1.88%, 09/17/25 (Call 08/17/25)^(c)		200		184,934

Security	Par (000)		Value

Saudi Arabia (continued)
Country Garden Holdings Co. Ltd., 5.40%, 05/27/25 (Call 05/27/23)^(c)	$	200	$	73,000
Dar Al-Arkan Sukuk Co. Ltd., 6.75%, 02/15/25^(c)		200		193,725
EIG Pearl Holdings Sarl
3.55%, 08/31/36^(c)		400		353,000
4.39%, 11/30/46^(c)		500		405,000
GLP China Holdings Ltd., 2.95%, 03/29/26^(c)		200		157,413
Henderson Land MTN Ltd., 2.38%, 05/27/25^(c)		200		189,787
Riyad Sukuk Ltd., 3.17%, 02/25/30 (Call 02/25/25)^(c)(f)		600		572,175
SABIC Capital II BV
4.00%, 10/10/23^(c)		400		400,000
4.50%, 10/10/28^(c)		200		203,037
Saudi Arabian Oil Co.
1.25%, 11/24/23 (Call 10/24/23)^(c)		200		194,000
2.25%, 11/24/30 (Call 08/24/30)^(c)		800		709,000
3.25%, 11/24/50 (Call 05/24/50)^(c)		700		547,750
3.50%, 04/16/29^(c)		1,100		1,075,250
4.25%, 04/16/39^(c)		1,000		970,000
4.38%, 04/16/49^(c)		1,000		947,000
Saudi Electricity Global Sukuk Co. 2, 5.06%, 04/08/43^(c)		400		391,950
Saudi Electricity Global Sukuk Co. 3
4.00%, 04/08/24^(c)		600		603,000
5.50%, 04/08/44^(c)		400		410,700
Saudi Electricity Global Sukuk Co. 4
4.22%, 01/27/24^(c)		400		402,500
4.72%, 09/27/28^(c)		200		207,250
Saudi Electricity Global Sukuk Co. 5, 1.74%, 09/17/25^(c)		200		188,000
Saudi Telecom Co., 3.89%, 05/13/29^(c)		400		394,950
Yapi ve Kredi Bankasi AS, 7.88%, 01/22/31 (Call 01/22/26)^(c)(f)		400		348,200
				10,699,275
Singapore — 4.1%
Africa Finance Corp., 2.88%, 04/28/28^(c)		400		332,000
BOC Aviation Ltd.
2.63%, 09/17/30 (Call 06/17/30)^(c)(d)		400		346,450
3.00%, 09/11/29 (Call 06/11/29)^(c)		300		270,244
3.25%, 04/29/25 (Call 03/29/25)^(c)		400		388,075
3.32%, 09/26/23 (Call 08/26/23), (3 mo. LIBOR US + 1.125%)^(c)(f)		0		—
3.50%, 10/10/24 (Call 09/10/24)^(c)		400		393,075
3.50%, 09/18/27 (Call 06/18/27)^(c)		400		384,625
3.88%, 04/27/26 (Call 01/27/26)^(c)		300		294,994
4.00%, 01/25/24 (Call 12/25/23)^(c)		200		199,350
BOC Aviation USA Corp., 1.63%, 04/29/24 (Call 03/29/24)^(c)		600		573,114
Burgan Bank SAK, 2.75%, 12/15/31 (Call 09/15/26)^(c)(f)		400		318,450
China Great Wall International Holdings V Ltd., 2.38%, 08/18/30^(c)		200		139,475
China State Construction Finance Cayman I Ltd., 3.40%, (Call 06/08/26)^(c)(e)(f)		200		189,000
DBS Group Holdings Ltd.
1.19%, 03/15/27^(c)		400		362,948
3.30%, (Call 02/27/25)^(c)(e)(f)		400		373,500
4.52%, 12/11/28 (Call 12/11/23)^(c)(d)(f)		400		402,416
Flex Ltd.
3.75%, 02/01/26 (Call 01/01/26)		300		289,837
4.75%, 06/15/25 (Call 03/15/25)		284		283,790
4.88%, 06/15/29 (Call 03/15/29)		399		389,150
4.88%, 05/12/30 (Call 02/12/30)^(d)		315		307,972
GLP Pte Ltd.
3.88%, 06/04/25^(c)		600		570,487

Security	Par (000)		Value

Singapore (continued)
4.50%, (Call 05/17/26)^(c)(e)(f)	$	400	$	319,450
Oversea-Chinese Banking Corp Ltd., 4.60%, 06/15/32 (Call 06/15/27)^(c)(f)		200		200,198
Oversea-Chinese Banking Corp. Ltd.
1.83%, 09/10/30 (Call 09/10/25)^(c)(f)		400		367,368
4.25%, 06/19/24^(c)(d)		600		603,300
Singapore Airlines Ltd., 3.00%, 07/20/26 (Call 06/20/26)^(c)		200		190,412
Singapore Telecommunications Ltd., 7.38%, 12/01/31^(c)		300		384,806
SingTel Group Treasury Pte Ltd.
2.38%, 10/03/26^(c)		200		192,162
3.25%, 06/30/25^(c)		300		296,962
3.88%, 08/28/28 (Call 05/28/28)^(c)		200		202,850
Ste Transcore Holdings Inc., 3.38%, 05/05/27		200		199,098
United Overseas Bank Ltd, 3.06%, 04/07/25^(c)		400		394,680
United Overseas Bank Ltd.
1.25%, 04/14/26^(c)		400		371,284
1.75%, 03/16/31 (Call 03/16/26)^(c)(f)		400		363,252
2.00%, 10/14/31 (Call 10/14/26)^(c)(f)		400		361,708
3.75%, 04/15/29 (Call 04/15/24)^(c)(f)		200		198,140
3.86%, 10/07/32 (Call 10/07/27)^(c)(f)		400		386,300
3.88%, (Call 10/19/23)^(c)(e)(f)		400		392,450
Vena Energy Capital Pte Ltd., 3.13%, 02/26/25^(c)		200		190,788
				12,424,160
South Africa — 2.8%
Absa Group Ltd., 6.38%, (Call 05/27/26)^(c)(e)(f)		400		363,825
AES Andes SA., 7.13%, 03/26/79 (Call 04/07/24)^(c)(f)		400		364,000
Amipeace Ltd., 1.75%, 11/09/26^(c)		200		187,926
AngloGold Ashanti Holdings PLC
3.38%, 11/01/28 (Call 09/01/28)		400		347,000
3.75%, 10/01/30 (Call 07/01/30)		500		423,654
Banco de Bogota SA, 6.25%, 05/12/26^(c)		600		568,050
Bidvest Group UK PLC (The), 3.63%, 09/23/26 (Call 09/23/23)^(c)		600		535,050
Braskem Netherlands Finance BV, 8.50%, 01/23/81 (Call 10/24/25)^(c)(f)		200		206,580
China CITIC Bank International Ltd., 4.63%, 02/28/29 (Call 02/28/24)^(c)(f)		250		250,828
FirstRand Bank Ltd., 6.25%, 04/23/28 (Call 04/23/23)^(c)(f)		400		393,575
Gold Fields Orogen Holdings BVI Ltd., 6.13%, 05/15/29 (Call 02/15/29)^(c)		200		201,037
Greenko Dutch BV, 3.85%, 03/29/26 (Call 03/29/23)^(c)		194		168,295
HPHT Finance 19 Ltd., 2.88%, 11/05/24^(c)		200		195,600
InterCement Financial Operations BV, 5.75%, 07/17/24 (Call 08/29/22)^(c)		200		146,200
Mong Duong Finance Holdings BV, 5.13%, 05/07/29^(c)		500		406,344
MTN Mauritius Investments Ltd.
4.76%, 11/11/24^(c)		400		392,450
6.50%, 10/13/26^(c)		400		395,450
Sasol Financing USA LLC
4.38%, 09/18/26 (Call 08/18/26)^(d)		600		553,425
5.50%, 03/18/31 (Call 03/18/30)		500		407,594
5.88%, 03/27/24 (Call 02/27/24)		900		895,500
6.50%, 09/27/28 (Call 06/27/28)		400		381,200
Stillwater Mining Co.
4.00%, 11/16/26 (Call 11/16/23)^(c)		400		342,000
4.50%, 11/16/29 (Call 11/16/25)^(c)		400		315,450
				8,441,033

Security	Par (000)		Value

South Korea — 3.7%
Hana Bank
1.25%, 12/16/26^(c)	$	400	$	362,524
3.25%, 03/30/27^(c)		200		195,225
Hanwha Life Insurance Co. Ltd.
3.38%, 02/04/32 (Call 02/04/27)^(c)(f)		400		368,700
4.70%, (Call 04/23/23)^(c)(e)(f)		400		395,450
Heungkuk Life Insurance Co. Ltd., 4.48%, (Call 11/09/22)^(c)(e)(f)		200		193,038
Hyundai Capital Services Inc., 1.25%, 02/08/26^(c)		400		361,636
Kookmin Bank
1.38%, 05/06/26^(c)(d)		200		184,288
1.75%, 05/04/25^(c)(d)		400		377,400
2.50%, 11/04/30^(c)		200		171,233
4.35%, (Call 07/02/24)^(c)(e)(f)		200		190,975
Korea East-West Power Co. Ltd., 3.60%, 05/06/25		200		198,600
Korea Electric Power Corp.
1.13%, 06/15/25^(c)		200		185,600
2.50%, 06/24/24^(c)		400		392,950
Korea Gas Corp.
3.50%, 07/21/25^(c)		200		198,037
3.50%, 07/02/26^(c)		200		198,912
3.88%, 02/12/24^(c)		200		201,100
6.25%, 01/20/42^(c)(d)		600		760,050
Kyobo Life Insurance Co. Ltd., 5.90%, 06/15/52 (Call 06/15/27)^(f)(i)		200		199,000
LG Chem Ltd.
3.25%, 10/15/24^(c)		200		196,829
3.63%, 04/15/29^(c)		200		192,350
NAVER Corp., 1.50%, 03/29/26^(c)		400		366,500
NongHyup Bank, 1.25%, 07/20/25^(c)		200		184,860
PCPD Capital Ltd., 5.13%, 06/18/26 (Call 06/18/24)^(c)		200		174,000
Sands China Ltd.
2.55%, 03/08/27 (Call 02/08/27)⁽ⁱ⁾		400		336,000
3.25%, 08/08/31 (Call 05/08/31)⁽ⁱ⁾		500		378,750
Shinhan Bank Co. Ltd.
1.38%, 10/21/26^(c)(d)		200		182,516
3.88%, 11/05/23^(c)		400		402,400
3.88%, 03/24/26^(c)		200		196,968
4.38%, 04/13/32^(c)		200		196,380
4.48%, 04/24/25, (3 mo. LIBOR US + 1.700%)^(c)(f)		200		204,287
Shinhan Financial Group Co. Ltd.
1.35%, 01/10/26^(c)		200		184,172
2.88%, (Call 05/12/26)^(c)(e)(f)		200		168,000
3.34%, 02/05/30 (Call 02/05/25)^(c)(d)(f)		200		192,975
5.88%, (Call 08/13/23)^(c)(e)(f)		400		396,325
SK Hynix Inc.
1.00%, 01/19/24^(c)		200		190,750
1.50%, 01/19/26^(c)		600		541,500
2.38%, 01/19/31^(c)		400		316,000
Woori Bank
0.75%, 02/01/26^(c)		400		361,896
2.00%, 01/20/27^(c)		200		185,788
4.25%, (Call 10/04/24)^(c)(e)(f)		400		378,575
4.75%, 04/30/24^(c)		400		403,575
				11,466,114
Supranational — 0.3%
African Export-Import Bank (The), 2.63%, 05/17/26 (Call 04/17/26)^(c)		400		349,450

Security	Par (000)		Value

Supranational (continued)
Eastern & Southern African Trade & Development Bank (The)
4.13%, 06/30/28^(c)	$	400	$	314,681
4.88%, 05/23/24^(c)		400		375,033
				1,039,164
Switzerland — 0.1%
Oriflame Investment Holding PLC, 5.13%, 05/04/26 (Call 05/15/23)^(c)		400		240,000

Taiwan — 4.1%
Banco Mercantil del Norte SA/Grand Cayman, 5.88%, (Call 01/24/27)^(c)(e)(f)		200		166,100
CDBL Funding 2, 2.00%, 03/04/26^(c)		200		187,206
Commercial Bank PSQC (The), 4.50%, (Call 03/03/26)^(c)(e)(f)		400		357,000
Competition Team Technologies Ltd., 3.75%, 03/12/24^(c)		400		399,825
Falabella SA, 3.38%, 01/15/32 (Call 10/15/31)^(c)		400		331,400
Formosa Group Cayman Ltd., 3.38%, 04/22/25^(c)		800		784,400
Foxconn Far East Ltd.
1.63%, 10/28/25^(c)		600		556,536
2.50%, 10/28/30^(c)		400		347,950
Rumo Luxembourg Sarl, 5.25%, 01/10/28 (Call 01/10/24)^(c)		200		188,725
TSMC Arizona Corp.
1.75%, 10/25/26 (Call 09/25/26)		1,000		924,160
2.50%, 10/25/31 (Call 07/25/31)		600		527,592
3.13%, 10/25/41 (Call 04/25/41)^(d)		600		494,256
3.25%, 10/25/51 (Call 04/25/51)^(d)		800		645,688
3.88%, 04/22/27 (Call 03/22/27)		600		601,176
4.13%, 04/22/29 (Call 02/22/29)		200		201,336
4.25%, 04/22/32 (Call 01/22/32)		600		609,114
4.50%, 04/22/52 (Call 10/22/51)		700		696,962
TSMC Global Ltd.
0.75%, 09/28/25 (Call 08/28/25)^(c)		600		546,675
1.00%, 09/28/27 (Call 07/28/27)^(c)		600		520,644
1.25%, 04/23/26 (Call 03/23/26)^(c)		800		730,080
1.38%, 09/28/30 (Call 06/28/30)^(c)		800		648,552
1.75%, 04/23/28^(c)		600		534,288
2.25%, 04/23/31 (Call 01/23/31)^(c)		900		775,395
4.63%, 07/22/32		400		410,158
Turk Telekomunikasyon AS, 6.88%, 02/28/25^(c)		400		346,575
				12,531,793
Thailand — 2.4%
Bangkok Bank PCL/Hong Kong
3.47%, 09/23/36^(c)		800		683,864
4.05%, 03/19/24^(c)		400		402,075
4.30%, 06/15/27 (Call 05/15/27)⁽ⁱ⁾		400		405,908
4.45%, 09/19/28^(c)		400		407,700
5.00%, 10/03/23^(c)		200		203,412
GC Treasury Center Co. Ltd.
2.98%, 03/18/31 (Call 12/18/30)^(c)		400		337,950
4.30%, 03/18/51 (Call 09/18/50)^(c)		400		307,264
4.40%, 03/30/32 (Call 09/30/31)^(c)		600		557,250
Kasikornbank PCL/Hong Kong
3.34%, 10/02/31 (Call 10/02/26)^(c)(f)		600		539,175
5.28%, (Call 10/14/25)^(c)(e)(f)		200		188,663
Krung Thai Bank PCL/Cayman Islands, 4.40%, (Call 03/25/26)^(c)(e)(f)		400		336,000
PTT Treasury Center Co. Ltd., 3.70%, 07/16/70 (Call 01/16/70)^(c)(d)		400		282,575
PTTEP Treasury Center Co. Ltd.
2.59%, 06/10/27 (Call 04/10/27)^(c)		400		370,080
3.90%, 12/06/59^(c)		400		312,032

Security	Par (000)		Value

Thailand (continued)
QNB Finance Ltd., 1.38%, 01/26/26^(c)	$	650	$	596,375
Siam Commercial Bank PCL/Cayman Islands
3.90%, 02/11/24^(c)		400		401,075
4.40%, 02/11/29^(c)		200		203,537
Thaioil Treasury Center Co. Ltd.
3.50%, 10/17/49^(c)		400		251,075
3.75%, 06/18/50^(c)		400		259,032
5.38%, 11/20/48^(c)(d)		400		336,880
				7,381,922
Togo — 0.1%
Ecobank Transnational Inc., 9.50%, 04/18/24^(c)		200		189,000

Turkey — 3.9%
Akbank TAS
5.13%, 03/31/25^(c)		400		347,575
6.80%, 02/06/26^(c)		300		260,400
6.80%, 06/22/31 (Call 06/22/26)^(c)(f)		400		325,325
Banco do Brasil SA/Cayman, 4.75%, 03/20/24^(c)		200		199,412
Banco Mercantil del Norte SA/Grand Cayman, 8.38%, (Call 10/14/30)^(c)(e)(f)		200		190,413
BBVA Bancomer SA/Texas, 5.88%, 09/13/34 (Call 09/13/29)^(c)(f)		200		177,875
BRF SA, 5.75%, 09/21/50 (Call 03/21/50)^(c)		200		150,940
Cemex SAB de CV
3.88%, 07/11/31 (Call 07/11/26)^(c)		400		320,575
5.20%, 09/17/30 (Call 09/17/25)^(c)		200		178,538
Cemig Geracao e Transmissao SA, 9.25%, 12/05/24 (Call 12/05/23)^(c)		200		210,662
Centrais Eletricas Brasileiras SA, 4.63%, 02/04/30^(c)		200		176,700
Coca-Cola Icecek AS, 4.50%, 01/20/29 (Call 10/20/28)^(c)		400		317,000
Cosan SA, 5.50%, 09/20/29 (Call 09/20/24)^(c)		200		186,600
Credicorp Ltd., 2.75%, 06/17/25 (Call 05/17/25)^(c)		200		185,288
DBS Group Holdings Ltd., 1.82%, 03/10/31 (Call 03/10/26)^(c)(f)		200		182,490
First Quantum Minerals Ltd., 6.88%, 10/15/27 (Call 10/15/23)^(c)		1,000		945,000
KOC Holding AS, 6.50%, 03/11/25 (Call 12/11/24)^(c)		500		451,812
Mersin Uluslararasi Liman Isletmeciligi AS, 5.38%, 11/15/24 (Call 11/15/22)^(c)		400		360,575
Nan Fung Treasury Ltd., 5.00%, 09/05/28^(c)		200		199,350
National Bank of Oman SAOG, 5.63%, 09/25/23^(c)		200		198,913
QNB Finansbank AS, 6.88%, 09/07/24^(c)		400		396,825
SA Global Sukuk Ltd., 1.60%, 06/17/26 (Call 05/17/26)^(c)		700		646,800
SEPLAT Energy PLC, 7.75%, 04/01/26 (Call 04/01/23)^(c)		400		336,000
Simpar Europe SA, 5.20%, 01/26/31^(c)		200		166,225
Singapore Airlines Ltd., 3.38%, 01/19/29 (Call 11/19/28)^(c)		400		362,240
Turk Telekomunikasyon AS, 4.88%, 06/19/24^(c)		200		172,000
Turkcell Iletisim Hizmetleri AS
5.75%, 10/15/25^(c)		200		170,600
5.80%, 04/11/28 (Call 01/11/28)^(c)		365		276,442
Turkiye Garanti Bankasi AS, 7.18%, 05/24/27^(c)(f)		600		495,112
Turkiye Is Bankasi AS
6.13%, 04/25/24^(c)		800		732,150
7.00%, 06/29/28 (Call 06/29/23)^(c)(f)		400		353,200
Turkiye Petrol Rafinerileri AS, 4.50%, 10/18/24 (Call 07/20/24)^(c)		400		354,325
Turkiye Sise ve Cam Fabrikalari AS, 6.95%, 03/14/26 (Call 12/14/25)^(c)		400		351,825
Turkiye Vakiflar Bankasi TAO, 8.13%, 03/28/24^(c)		400		376,325
Ulker Biskuvi Sanayi AS, 6.95%, 10/30/25^(c)		400		294,325

Security		Par (000)		Value

Turkey (continued)
Yapi ve Kredi Bankasi AS
5.85%, 06/21/24^(c)	$	400	$	366,575
8.25%, 10/15/24^(c)		200		189,350
13.88%, (Call 01/15/24)^(c)(e)(f)		300		303,994
				11,909,756
Ukraine — 0.2%
DTEK Finance PLC, 7.00%, (5.00% PIK), 12/31/27 (Call 08/30/22)^(c)(g)		1,010		232,948
Metinvest BV, 7.75%, 10/17/29^(c)		400		155,950
Prudential PLC, 2.95%, 11/03/33 (Call 08/03/28)^(c)(f)		200		165,750
				554,648
United Arab Emirates — 4.6%
Abu Dhabi Commercial Bank PJSC, 3.50%, 03/31/27^(c)		200		196,000
Abu Dhabi National Energy Co. PJSC
3.40%, 04/29/51 (Call 10/29/50)^(c)		200		168,850
3.88%, 05/06/24^(c)		200		200,850
4.38%, 04/23/25^(c)		200		202,537
4.38%, 06/22/26^(c)		200		205,662
4.88%, 04/23/30^(c)		400		425,700
6.50%, 10/27/36^(c)		300		350,306
Abu Dhabi Ports Co. PJSC, 2.50%, 05/06/31 (Call 02/06/31)^(c)		300		262,931
ADIB Capital Invest 2 Ltd., 7.13%, (Call 09/20/23)^(c)(e)(f)		200		203,787
AHB Sukuk Co. Ltd., 4.38%, 09/19/23^(c)		200		200,537
Aldar Sukuk Ltd., 4.75%, 09/29/25^(c)		200		202,850
BOC Aviation Ltd., 1.75%, 01/21/26 (Call 12/21/25)^(c)		300		274,965
BOS Funding Ltd., 4.00%, 09/18/24^(c)		200		192,038
CBQ Finance Ltd., 2.00%, 05/12/26^(c)		400		368,000
China Construction Bank Corp., 2.85%, 01/21/32 (Call 01/21/27)^(c)(f)		200		191,558
China Everbright Bank Co. Ltd./Luxembourg, 0.83%, 09/14/24^(c)		200		189,482
DIB Sukuk Ltd., 2.95%, 01/16/26^(c)		600		578,362
DIB Tier 1 Sukuk 3 Ltd., 6.25%, (Call 01/22/25)^(c)(e)(f)		200		200,000
EI Sukuk Co. Ltd., 1.83%, 09/23/25^(c)		400		374,000
Emaar Sukuk Ltd.
3.64%, 09/15/26^(c)		200		193,413
3.70%, 07/06/31^(c)		200		186,725
3.88%, 09/17/29^(c)		200		191,413
EMG Sukuk Ltd.
4.56%, 06/18/24^(c)		200		199,225
4.56%, 06/18/24^(c)		200		199,225
Emirates NBD Bank PJSC
1.64%, 01/13/26^(c)		400		372,000
6.13%, (Call 03/20/25)^(c)(e)(f)		400		393,500
Emirates Telecommunications Group Co. PJSC, 3.50%, 06/18/24^(c)		200		198,038
Energean Israel Finance Ltd.
4.50%, 03/30/24 (Call 12/30/23)⁽ⁱ⁾		350		333,375
4.88%, 03/30/26 (Call 12/30/25)⁽ⁱ⁾		350		319,375
Fab Sukuk Co. Ltd.
1.41%, 01/14/26^(c)		200		184,000
3.88%, 01/22/24^(c)		400		399,500
First Abu Dhabi Bank PJSC
3.29%, 07/08/24, (3 mo. LIBOR US + 0.900%)^(c)(f)		200		199,900
4.50%, (Call 04/05/26)^(c)(e)(f)		400		385,500
Galaxy Pipeline Assets Bidco Ltd.
2.63%, 03/31/36^(c)		600		502,500
3.25%, 09/30/40^(c)		400		327,825

Security	Par (000)		Value

United Arab Emirates (continued)
Gold Fields Orogen Holdings BVI Ltd., 5.13%, 05/15/24 (Call 04/15/24)^(c)	$	400	$	402,950
Grupo de Inversiones Suramericana SA, 5.50%, 04/29/26^(c)		200		184,225
Indofood CBP Sukses Makmur Tbk PT, 3.54%, 04/27/32 (Call 10/27/31)^(c)		400		331,544
Israel Electric Corp. Ltd., 3.75%, 02/22/32⁽ⁱ⁾		200		185,500
MAF Global Securities Ltd., 4.75%, 05/07/24^(c)		200		199,975
MAF Sukuk Ltd.
3.93%, 02/28/30^(c)		200		191,913
4.64%, 05/14/29^(c)		200		199,975
Mashreqbank PSC, 4.25%, 02/26/24^(c)		200		199,750
MCC Holding Hong Kong Corp. Ltd., 2.95%, (Call 04/20/24)^(c)(e)(f)		200		194,038
OCP SA, 5.13%, 06/23/51 (Call 12/23/50)^(c)		600		427,237
Petrofac Ltd., 9.75%, 11/15/26 (Call 11/15/23)^(c)		200		160,380
Rakfunding Cayman Ltd., 4.13%, 04/09/24^(c)		200		198,788
REC Ltd., 5.25%, 11/13/23^(c)		200		202,400
Ruwais Power Co. PJSC, 6.00%, 08/31/36^(c)		200		224,750
SA Global Sukuk Ltd., 0.95%, 06/17/24 (Call 05/17/24)^(c)		200		189,750
SF Holding Investment Ltd., 2.88%, 02/20/30^(c)		0		—
SIB Sukuk Co. III Ltd., 2.85%, 06/23/25^(c)		200		192,725
SMC Global Power Holdings Corp., 5.95%, (Call 05/05/25)^(c)(e)(f)		400		363,450
Sweihan PV Power Co. PJSC, 3.63%, 01/31/49^(c)		200		167,225
Tabreed Sukuk Spc Ltd., 5.50%, 10/31/25^(c)		200		208,300
				13,998,804
United States — 0.4%
JBS Finance Luxembourg Co., 2.50%, 01/15/27 (Call 12/15/26)^(c)		200		177,310
JBS USA LUX SA/JBS USA Food Co./JBS USA Finance Inc., 3.00%, 05/15/32 (Call 02/15/32)^(c)		100		80,062
JBS USA LUX SA/JBS USA Food Co/JBS USA Finance Inc.
3.00%, 02/02/29 (Call 12/02/28)^(c)		200		172,635
4.38%, 02/02/52		200		150,653
5.75%, 04/01/33 (Call 01/01/33)^(d)(i)		200		198,578
6.50%, 12/01/52 (Call 06/01/52)⁽ⁱ⁾		150		151,037
SK Battery America Inc., 2.13%, 01/26/26^(c)		400		364,692
				1,294,967
Zambia — 0.8%
First Quantum Minerals Ltd.
6.50%, 03/01/24 (Call 08/08/22)^(c)(d)		600		596,286
6.88%, 03/01/26 (Call 08/08/22)^(c)		650		630,175
7.50%, 04/01/25 (Call 08/08/22)^(c)		800		791,400
Grupo Aval Ltd., 4.38%, 02/04/30 (Call 11/04/29)^(c)		600		474,000
				2,491,861
Total Corporate Bonds & Notes — 96.5%
(Cost: $337,781,063)				296,267,155

Foreign Government Obligations^(k)

Colombia — 0.1%
Korea Hydro & Nuclear Power Co. Ltd., 1.25%, 04/27/26^(c)		200		183,520

Nigeria — 0.5%
Africa Finance Corp.
3.13%, 06/16/25^(c)		600		555,000
3.75%, 10/30/29^(c)		200		167,500
3.88%, 04/13/24^(c)		400		387,500

Security	Par/ Shares (000)		Value

Nigeria (continued)
4.38%, 04/17/26^(c)	$	400	$	373,500
				1,483,500
Qatar — 0.2%
African Export-Import Bank (The), 3.99%, 09/21/29(Call 06/23/29)^(c)		600		506,250

South Korea — 0.4%
Industrial Bank of Korea
0.63%, 09/17/24^(c)		200		188,594
1.04%, 06/22/25^(c)		200		185,390
Korea Electric Power Corp., 3.63%, 06/14/25⁽ⁱ⁾		200		199,144
Korea Expressway Corp.
1.13%, 05/17/26^(c)(d)		200		183,484
3.63%, 05/18/25		200		199,787
Korea Gas Corp., 3.88%, 07/13/27		200		200,626
Korea Hydro & Nuclear Power Co. Ltd., 4.25%, 07/27/27		200		202,710
				1,359,735
Supranational — 0.3%
African Export-Import Bank (The)
3.80%, 05/17/31 (Call 02/17/31)^(c)		400		323,000
4.13%, 06/20/24^(c)		600		579,000
5.25%, 10/11/23^(c)		200		198,750
				1,100,750
Turkey — 0.1%
Turkiye Vakiflar Bankasi TAO, 5.50%, 10/01/26^(c)		400		318,200

Total Foreign Government Obligations — 1.6%
(Cost: $5,505,977)				4,951,955

Total Long-Term Investments — 98.1%
(Cost: $343,287,040)				301,219,110

Short-Term Securities

Money Market Funds — 7.7%
BlackRock Cash Funds: Institutional, SL Agency Shares, 1.93%^(l)(m)(n)		19,822		19,819,614

Security	Shares (000)		Value

Money Market Funds (continued)
BlackRock Cash Funds: Treasury, SL Agency Shares, 1.81%^(l)(m)		3,707	$	3,707,000

Total Short-Term Securities — 7.7%
(Cost: $23,523,485)				23,526,614

Total Investments in Securities — 105.8%
(Cost: $366,810,525)				324,745,724

Liabilities in Excess of Other Assets — (5.8)%				(17,876,378	)

Net Assets — 100.0%			$	306,869,346

^(a)

Issuer filed for bankruptcy and/or is in default.

^(b)

Non-income producing security.

^(c)

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

^(d)

All or a portion of this security is on loan.

^(e)

Perpetual security with no stated maturity date.

^(f)

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.

^(g)

Payment-in-kind security which may pay interest/dividends in additional par/shares and/or in cash. Rates shown are the current rate and possible payment rates.

^(h)

Zero-coupon bond.

⁽ⁱ⁾

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.

^(j)

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.

^(k)

U.S. dollar denominated security issued by foreign domiciled entity.

^(l)

Affiliate of the Fund.

^(m)

Annualized 7-day yield as of period end.

⁽ⁿ⁾

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

Investments in issuers considered to be affiliate(s) of the Fund during the period ended July 31, 2022 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

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

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

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

Schedule of Investments (unaudited)	iShares^®J.P. Morgan EM Corporate Bond ETF
July 31, 2022	(Percentages shown are based on Net Assets)

Schedule of Investments (unaudited) (continued)	iShares^®J.P. Morgan EM Corporate Bond ETF
July 31, 2022	(Percentages shown are based on Net Assets)

Schedule of Investments (unaudited) (continued)	iShares^®J.P. Morgan EM Corporate Bond ETF
July 31, 2022	(Percentages shown are based on Net Assets)

Schedule of Investments (unaudited) (continued)	iShares^®J.P. Morgan EM Corporate Bond ETF
July 31, 2022	(Percentages shown are based on Net Assets)

Schedule of Investments (unaudited) (continued)	iShares^®J.P. Morgan EM Corporate Bond ETF
July 31, 2022	(Percentages shown are based on Net Assets)

Affiliated Issuer	Value at 10/31/21		Purchases at Cost		Proceeds from Sale			Net Realized Gain (Loss)			Change in Unrealized Appreciation (Depreciation)			Value at 07/31/22		Shares Held at 07/31/22 (000)	Income			Capital Gain Distributions from Underlying Funds
BlackRock Cash Funds: Institutional, SL Agency Shares	$	41,898,642	$	—	$	(22,053,867	)^(a)	$	(21,733	)	$	(3,428	)	$	19,819,614	19,822	$	115,372	^(b)	$	—
BlackRock Cash Funds: Treasury, SL Agency Shares		6,007,000		—		(2,300,000	)^(a)		—			—			3,707,000	3,707		7,806			—
								$	(21,733	)	$	(3,428	)	$	23,526,614		$	123,178		$	—

	Level 1		Level 2		Level 3		Total
Investments
Assets
Corporate Bonds & Notes	$	—	$	296,267,155	$	—	$	296,267,155
Foreign Government Obligations		—		4,951,955		—		4,951,955
Money Market Funds		23,526,614		—		—		23,526,614
	$	23,526,614	$	301,219,110	$	—	$	324,745,724

LIBOR	London Interbank Offered Rate
PIK	Payment-in-kind
PJSC	Public Joint Stock Company
SOFR	Secured Overnight Financing Rate