January 31, 2026
2026 Quarterly Report
(Unaudited)
BlackRock FundsSM
iShares U.S. Intermediate Credit Bond Index Fund
Not FDIC Insured • May Lose Value • No Bank Guarantee

Schedule of Investments (unaudited)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Corporate Bonds
Advertising Agencies — 0.1%
Omnicom Group, Inc.
 
4.65%, 10/01/28
$
326
$ 328,882
4.75%, 03/30/30
 
529
534,052
2.45%, 04/30/30
 
455
421,526
4.20%, 06/01/30
 
350
347,802
2.40%, 03/01/31
 
185
166,411
2.60%, 08/01/31
 
583
529,747
5.30%, 11/01/34
 
375
382,358
 
 
2,710,778
Aerospace & Defense — 1.2%
Boeing Co.
 
2.70%, 02/01/27(a)
 
550
543,251
2.80%, 03/01/27
 
129
127,421
5.04%, 05/01/27
 
1,359
1,373,259
6.26%, 05/01/27
 
475
487,145
3.25%, 02/01/28
 
632
622,625
3.25%, 03/01/28
 
300
295,477
3.45%, 11/01/28(a)
 
248
243,705
3.20%, 03/01/29
 
625
607,229
6.30%, 05/01/29
 
890
945,375
2.95%, 02/01/30
 
470
445,939
5.15%, 05/01/30
 
2,615
2,687,162
3.63%, 02/01/31
 
875
843,401
6.39%, 05/01/31
 
645
699,927
6.13%, 02/15/33
 
200
216,087
3.60%, 05/01/34
 
614
558,834
6.53%, 05/01/34
 
1,540
1,703,681
3.25%, 02/01/35
 
570
498,878
Embraer Netherlands Finance BV, 5.98%, 02/11/35
 
450
477,016
GE Capital Funding LLC, 4.55%, 05/15/32
 
250
252,181
General Dynamics Corp.
 
3.50%, 04/01/27
 
100
99,816
2.63%, 11/15/27
 
350
343,988
3.75%, 05/15/28
 
687
688,096
3.63%, 04/01/30
 
688
675,290
2.25%, 06/01/31
 
279
253,130
4.95%, 08/15/35
 
500
508,131
General Electric Co.
 
4.30%, 07/29/30
 
545
548,829
6.75%, 03/15/32
 
717
810,687
HEICO Corp.
 
5.25%, 08/01/28
 
276
283,673
5.35%, 08/01/33
 
380
393,123
Hexcel Corp., 5.88%, 02/26/35
 
200
209,892
Howmet Aerospace, Inc.
 
6.75%, 01/15/28
 
251
264,033
3.00%, 01/15/29
 
576
560,111
4.85%, 10/15/31(a)
 
312
320,133
4.55%, 11/15/32
 
225
225,988
Huntington Ingalls Industries, Inc.
 
3.48%, 12/01/27
 
350
346,513
2.04%, 08/16/28
 
329
312,693
5.35%, 01/15/30
 
350
361,697
4.20%, 05/01/30
 
374
371,124
5.75%, 01/15/35
 
250
263,835
L3Harris Technologies, Inc.
 
4.40%, 06/15/28
 
1,163
1,171,804
5.05%, 06/01/29
 
651
668,869
2.90%, 12/15/29(a)
 
233
222,496
Security
 
Par
(000)
Value
Aerospace & Defense (continued)
L3Harris Technologies, Inc.(continued)
 
1.80%, 01/15/31
$
542
$ 481,290
5.25%, 06/01/31
 
650
676,092
5.40%, 07/31/33
 
1,016
1,056,228
5.35%, 06/01/34
 
451
465,295
4.85%, 04/27/35
 
250
248,923
Lockheed Martin Corp.
 
5.10%, 11/15/27
 
420
430,041
4.45%, 05/15/28
 
294
297,735
4.15%, 08/15/28(a)
 
300
302,287
4.50%, 02/15/29
 
242
246,045
1.85%, 06/15/30
 
316
287,179
4.40%, 08/15/30
 
390
393,979
4.70%, 12/15/31
 
479
492,787
3.90%, 06/15/32
 
632
619,623
5.25%, 01/15/33(a)
 
800
841,613
4.75%, 02/15/34
 
500
506,103
4.80%, 08/15/34
 
300
303,042
3.60%, 03/01/35
 
382
352,062
5.00%, 08/15/35
 
450
458,267
Northrop Grumman Corp.
 
3.20%, 02/01/27
 
400
397,764
3.25%, 01/15/28
 
1,255
1,239,758
4.60%, 02/01/29
 
325
330,282
4.40%, 05/01/30
 
573
577,181
4.65%, 07/15/30
 
450
457,460
4.70%, 03/15/33(a)
 
778
784,698
4.90%, 06/01/34
 
532
538,735
5.25%, 07/15/35(a)
 
340
351,374
RTX Corp.
 
3.50%, 03/15/27
 
829
825,200
3.13%, 05/04/27
 
899
890,648
4.13%, 11/16/28
 
1,821
1,829,314
5.75%, 01/15/29
 
410
429,709
2.25%, 07/01/30
 
873
805,328
6.00%, 03/15/31
 
830
893,188
1.90%, 09/01/31
 
829
729,882
2.38%, 03/15/32
 
873
778,434
5.15%, 02/27/33
 
420
434,151
6.10%, 03/15/34
 
1,227
1,339,272
5.40%, 05/01/35
 
200
209,624
 
 
45,833,137
Automobile Components — 0.1%
Aptiv Swiss Holdings Ltd.(a)
 
4.65%, 09/13/29
 
400
408,351
3.25%, 03/01/32
 
488
456,021
5.15%, 09/13/34
 
400
403,677
BorgWarner, Inc.
 
2.65%, 07/01/27
 
749
735,025
4.95%, 08/15/29
 
345
352,828
5.40%, 08/15/34
 
265
271,930
Lear Corp.
 
3.80%, 09/15/27
 
350
348,466
4.25%, 05/15/29
 
129
128,624
3.50%, 05/30/30
 
254
244,420
2.60%, 01/15/32
 
209
186,798
Magna International, Inc.
 
5.05%, 03/14/29
 
180
184,534
2.45%, 06/15/30
 
505
468,421
2

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Automobile Components (continued)
Magna International, Inc.(continued)
 
5.50%, 03/21/33(a)
$
280
$ 291,452
5.88%, 06/01/35
 
225
237,091
 
 
4,717,638
Automobiles — 2.6%
American Honda Finance Corp.
 
4.90%, 03/12/27
 
275
278,085
4.55%, 07/09/27
 
675
681,293
4.90%, 07/09/27
 
300
304,286
4.45%, 10/22/27
 
425
428,814
4.70%, 01/12/28
 
400
405,841
3.50%, 02/15/28
 
252
249,852
4.55%, 03/03/28
 
300
303,417
2.00%, 03/24/28
 
447
429,084
5.13%, 07/07/28
 
400
410,308
4.25%, 09/01/28
 
375
377,249
5.65%, 11/15/28
 
750
781,829
4.15%, 01/08/29
 
325
325,749
2.25%, 01/12/29
 
413
392,382
4.90%, 03/13/29(a)
 
537
548,970
4.40%, 09/05/29
 
525
529,699
4.80%, 03/05/30
 
300
305,957
4.60%, 04/17/30
 
520
525,123
4.50%, 09/04/30
 
375
376,339
5.85%, 10/04/30
 
250
265,001
4.45%, 01/08/31
 
325
324,817
1.80%, 01/13/31(a)
 
300
264,808
5.05%, 07/10/31
 
650
667,259
4.85%, 10/23/31
 
425
432,608
5.15%, 07/09/32
 
475
487,633
4.90%, 01/10/34(a)
 
511
511,951
5.20%, 03/05/35(a)
 
250
252,549
5.10%, 01/08/36(a)
 
325
323,408
AutoNation, Inc.
 
3.80%, 11/15/27
 
200
198,879
1.95%, 08/01/28
 
136
128,683
4.45%, 01/15/29
 
200
200,274
4.75%, 06/01/30
 
529
533,548
2.40%, 08/01/31
 
362
320,417
3.85%, 03/01/32
 
400
377,325
5.89%, 03/15/35
 
325
336,908
Cummins, Inc.
 
4.25%, 05/09/28
 
125
126,190
4.90%, 02/20/29(a)
 
262
269,280
1.50%, 09/01/30
 
544
485,932
4.70%, 02/15/31(a)
 
475
484,610
5.15%, 02/20/34
 
443
456,172
5.30%, 05/09/35
 
625
645,524
Ford Motor Co.
 
6.63%, 10/01/28
 
283
299,008
7.45%, 07/16/31
 
600
666,833
3.25%, 02/12/32
 
1,600
1,425,047
6.10%, 08/19/32(a)
 
1,100
1,143,794
Ford Motor Credit Co. LLC
 
5.80%, 03/05/27
 
985
998,742
5.85%, 05/17/27
 
800
813,204
4.95%, 05/28/27
 
1,000
1,005,717
4.13%, 08/17/27
 
950
945,426
3.82%, 11/02/27
 
400
395,793
7.35%, 11/04/27
 
900
939,932
2.90%, 02/16/28
 
400
387,105
Security
 
Par
(000)
Value
Automobiles (continued)
Ford Motor Credit Co. LLC(continued)
 
5.92%, 03/20/28(a)
$
400
$ 410,215
6.80%, 05/12/28
 
1,000
1,046,180
6.80%, 11/07/28(a)
 
860
905,433
2.90%, 02/10/29
 
400
379,073
5.80%, 03/08/29
 
1,000
1,027,735
4.97%, 04/06/29
 
940
944,927
5.11%, 05/03/29
 
900
907,017
5.30%, 09/06/29
 
600
608,059
5.88%, 11/07/29
 
600
618,649
7.35%, 03/06/30
 
600
647,485
7.20%, 06/10/30
 
500
537,845
5.73%, 09/05/30
 
1,000
1,023,329
4.00%, 11/13/30
 
1,100
1,046,036
6.05%, 03/05/31
 
700
722,959
3.63%, 06/17/31
 
800
739,178
6.05%, 11/05/31
 
800
826,170
6.53%, 03/19/32
 
500
527,071
5.75%, 04/06/33
 
640
645,502
7.12%, 11/07/33
 
945
1,021,584
6.13%, 03/08/34(a)
 
1,050
1,073,605
6.50%, 02/07/35
 
800
834,116
5.87%, 10/31/35(a)
 
600
596,759
General Motors Co.
 
4.20%, 10/01/27
 
487
487,851
6.80%, 10/01/27
 
696
723,423
5.35%, 04/15/28
 
441
452,070
5.00%, 10/01/28(a)
 
440
448,520
5.40%, 10/15/29
 
665
689,223
5.63%, 04/15/30
 
275
286,464
5.60%, 10/15/32
 
850
888,063
5.00%, 04/01/35
 
500
491,791
6.25%, 04/15/35
 
500
530,642
General Motors Financial Co., Inc.
 
2.35%, 02/26/27
 
629
617,997
5.00%, 04/09/27
 
800
807,849
5.40%, 05/08/27
 
764
776,359
5.00%, 07/15/27(a)
 
275
278,567
5.35%, 07/15/27
 
735
747,903
2.70%, 08/20/27
 
585
573,012
3.85%, 01/05/28
 
284
283,173
6.00%, 01/09/28
 
588
607,776
5.05%, 04/04/28
 
800
815,637
2.40%, 04/10/28
 
630
607,852
5.80%, 06/23/28
 
765
792,537
2.40%, 10/15/28
 
802
766,935
4.20%, 10/27/28(a)
 
625
626,609
5.80%, 01/07/29
 
1,032
1,076,217
5.65%, 01/17/29
 
463
479,723
4.30%, 04/06/29
 
750
750,965
5.55%, 07/15/29
 
913
948,018
4.90%, 10/06/29
 
1,125
1,143,815
5.35%, 01/07/30
 
695
717,953
5.85%, 04/06/30
 
765
803,760
3.60%, 06/21/30
 
735
709,307
5.45%, 07/15/30
 
275
285,793
2.35%, 01/08/31
 
750
676,112
4.60%, 01/08/31
 
555
554,973
5.75%, 02/08/31
 
636
668,148
2.70%, 06/10/31
 
638
580,228
5.60%, 06/18/31
 
668
697,029
3.10%, 01/12/32
 
934
855,457
Schedule of Investments
3

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Automobiles (continued)
General Motors Financial Co., Inc.(continued)
 
5.63%, 04/04/32
$
250
$ 260,532
6.40%, 01/09/33
 
550
592,697
6.10%, 01/07/34
 
768
813,695
5.95%, 04/04/34
 
620
650,339
5.45%, 09/06/34
 
425
431,071
5.90%, 01/07/35(a)
 
775
807,166
6.15%, 07/15/35(a)
 
475
501,937
5.45%, 01/08/36
 
370
371,409
Honda Motor Co. Ltd.
 
2.53%, 03/10/27
 
516
508,606
4.44%, 07/08/28
 
575
580,389
4.69%, 07/08/30
 
575
581,256
2.97%, 03/10/32
 
537
491,300
5.34%, 07/08/35
 
675
688,730
Mercedes-Benz Finance North America LLC, 8.50%,
01/18/31
 
942
1,112,625
PACCAR Financial Corp.
 
2.00%, 02/04/27
 
225
221,311
5.00%, 05/13/27
 
250
254,136
4.25%, 06/23/27
 
225
226,804
4.45%, 08/06/27
 
325
328,550
4.60%, 01/10/28(a)
 
200
203,564
4.55%, 03/03/28
 
325
330,193
4.00%, 08/08/28
 
125
125,624
4.60%, 01/31/29
 
525
535,765
4.00%, 09/26/29
 
200
200,400
4.55%, 05/08/30
 
200
203,560
5.00%, 03/22/34
 
375
385,487
Series R, 4.00%, 11/07/28
 
200
201,029
Series R, 3.90%, 02/05/29
 
175
175,222
Toyota Motor Corp.
 
4.19%, 06/30/27
 
300
301,747
5.12%, 07/13/28
 
700
720,494
3.67%, 07/20/28
 
278
277,159
2.76%, 07/02/29
 
120
115,185
4.45%, 06/30/30
 
650
656,624
2.36%, 03/25/31
 
413
377,592
5.12%, 07/13/33(a)
 
175
181,177
5.05%, 06/30/35(a)
 
350
357,834
Toyota Motor Credit Corp.
 
3.05%, 03/22/27
 
829
822,795
4.50%, 05/14/27
 
500
504,871
1.15%, 08/13/27
 
150
144,353
4.55%, 09/20/27
 
500
506,277
4.35%, 10/08/27
 
892
900,724
5.45%, 11/10/27
 
450
462,907
3.05%, 01/11/28(a)
 
278
274,464
4.63%, 01/12/28
 
652
662,397
1.90%, 04/06/28
 
411
395,093
4.05%, 09/05/28
 
400
402,082
5.25%, 09/11/28
 
416
430,189
4.65%, 01/05/29
 
607
619,051
3.65%, 01/08/29
 
179
177,879
5.05%, 05/16/29
 
712
734,471
4.45%, 06/29/29
 
806
816,767
4.55%, 08/09/29
 
675
686,569
4.95%, 01/09/30
 
275
283,211
2.15%, 02/13/30
 
413
383,335
3.38%, 04/01/30
 
529
513,989
4.80%, 05/15/30
 
470
481,172
4.55%, 05/17/30
 
380
386,110
Security
 
Par
(000)
Value
Automobiles (continued)
Toyota Motor Credit Corp.(continued)
 
5.55%, 11/20/30
$
614
$ 648,947
1.65%, 01/10/31(a)
 
706
624,629
5.10%, 03/21/31
 
575
596,393
1.90%, 09/12/31
 
379
333,291
4.60%, 10/10/31
 
400
405,288
2.40%, 01/13/32
 
350
313,502
4.65%, 09/03/32
 
400
402,816
4.70%, 01/12/33
 
478
482,404
4.80%, 01/05/34
 
479
484,531
5.35%, 01/09/35
 
535
557,913
Series B, 5.00%, 03/19/27
 
623
631,781
Series B, 3.75%, 01/12/28
 
400
400,246
Series B, 4.20%, 01/10/31
 
400
399,107
Series B, 4.80%, 01/11/36
 
400
396,579
 
 
98,142,674
Banks — 25.5%
African Development Bank, 4.38%, 03/14/28
 
1,200
1,218,736
Asian Development Bank
 
3.75%, 04/25/28
 
1,500
1,505,154
4.50%, 08/25/28
 
1,900
1,940,971
4.00%, 01/12/33
 
1,300
1,293,970
3.88%, 06/14/33
 
1,000
985,435
4.13%, 01/12/34(a)
 
1,300
1,297,257
Asian Infrastructure Investment Bank, 4.13%,
01/18/29
 
2,000
2,026,391
Associated Banc-Corp., (1-day SOFR + 3.03%),
6.46%, 08/29/30(b)
 
100
104,133
Australia & New Zealand Banking Group Ltd.
 
4.90%, 07/16/27(a)
 
380
386,080
3.92%, 09/30/27
 
500
501,803
4.36%, 06/18/28
 
250
252,887
4.62%, 12/16/29
 
500
510,508
Series A, 3.92%, 12/08/28(a)
 
500
500,664
Banco Bilbao Vizcaya Argentaria SA
 
5.38%, 03/13/29
 
600
621,946
(1-year CMT + 1.95%), 6.03%, 03/13/35(b)
 
600
636,579
(1-year CMT + 2.70%), 6.14%, 09/14/28(b)
 
400
413,543
(1-year CMT + 3.30%), 7.88%, 11/15/34(b)
 
400
465,042
Banco Santander SA
 
4.25%, 04/11/27
 
400
400,706
5.29%, 08/18/27
 
1,000
1,017,843
3.80%, 02/23/28
 
1,000
994,004
4.38%, 04/12/28
 
800
804,777
5.59%, 08/08/28
 
800
829,265
6.61%, 11/07/28
 
1,000
1,066,284
3.31%, 06/27/29
 
600
583,877
5.57%, 01/17/30
 
600
624,534
3.49%, 05/28/30
 
800
771,558
4.55%, 11/06/30
 
800
800,518
2.75%, 12/03/30
 
800
729,290
2.96%, 03/25/31
 
600
555,277
5.44%, 07/15/31
 
1,150
1,204,567
6.92%, 08/08/33
 
1,200
1,324,694
6.94%, 11/07/33
 
800
912,866
6.35%, 03/14/34(a)
 
600
643,894
6.03%, 01/17/35
 
800
855,136
5.13%, 11/06/35
 
800
798,836
(1-year CMT + 0.95%), 5.37%, 07/15/28(b)
 
800
814,530
(1-year CMT + 1.25%), 5.55%, 03/14/28(b)
 
800
812,367
(1-year CMT + 1.45%), 5.54%, 03/14/30(b)
 
800
828,602
(1-year CMT + 1.60%), 3.23%, 11/22/32(b)
 
800
733,534
4

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Banks (continued)
Banco Santander SA(continued)
 
(1-year CMT + 2.00%), 4.18%, 03/24/28(b)
$
800
$ 800,402
Bank of America Corp.
 
3.25%, 10/21/27
 
1,961
1,944,992
(1-day SOFR + 0.83%), 4.98%, 01/24/29(b)
 
1,500
1,527,730
(1-day SOFR + 1.00%), 5.16%, 01/24/31(b)
 
1,705
1,757,963
(1-day SOFR + 1.06%), 2.09%, 06/14/29(b)
 
1,859
1,775,932
(1-day SOFR + 1.11%), 4.62%, 05/09/29(b)
 
1,440
1,458,994
(1-day SOFR + 1.21%), 2.57%, 10/20/32(b)
 
2,228
2,009,915
(1-day SOFR + 1.22%), 2.30%, 07/21/32(b)
 
2,350
2,099,249
(1-day SOFR + 1.31%), 5.51%, 01/24/36(b)
 
2,220
2,303,651
(1-day SOFR + 1.32%), 2.69%, 04/22/32(b)
 
3,267
2,995,560
(1-day SOFR + 1.33%), 2.97%, 02/04/33(b)
 
2,518
2,301,764
(1-day SOFR + 1.37%), 1.92%, 10/24/31(b)
 
1,609
1,439,305
(1-day SOFR + 1.53%), 1.90%, 07/23/31(b)
 
1,759
1,582,900
(1-day SOFR + 1.57%), 5.82%, 09/15/29(b)
 
1,832
1,910,133
(1-day SOFR + 1.58%), 4.38%, 04/27/28(b)
 
1,618
1,624,866
(1-day SOFR + 1.63%), 5.20%, 04/25/29(b)
 
2,040
2,089,215
(1-day SOFR + 1.64%), 5.46%, 05/09/36(b)
 
1,190
1,230,936
(1-day SOFR + 1.65%), 5.47%, 01/23/35(b)
 
2,979
3,089,665
(1-day SOFR + 1.70%), 5.74%, 02/12/36(b)
 
1,445
1,495,472
(1-day SOFR + 1.74%), 5.52%, 10/25/35(b)
 
2,200
2,245,675
(1-day SOFR + 1.83%), 4.57%, 04/27/33(b)
 
2,507
2,494,124
(1-day SOFR + 1.84%), 5.87%, 09/15/34(b)
 
2,500
2,655,177
(1-day SOFR + 1.91%), 5.29%, 04/25/34(b)
 
3,080
3,162,950
(1-day SOFR + 1.91%), 5.43%, 08/15/35(b)
 
1,600
1,626,908
(1-day SOFR + 1.99%), 6.20%, 11/10/28(b)
 
1,275
1,322,716
(1-day SOFR + 2.04%), 4.95%, 07/22/28(b)
 
1,855
1,880,598
(1-day SOFR + 2.15%), 2.59%, 04/29/31(b)
 
1,900
1,771,100
(1-day SOFR + 2.16%), 5.02%, 07/22/33(b)
 
3,176
3,238,272
(3-mo. CME Term SOFR + 1.25%), 2.50%,
02/13/31(b)
 
2,203
2,053,060
(3-mo. CME Term SOFR + 1.30%), 3.42%,
12/20/28(b)
 
3,651
3,611,202
(3-mo. CME Term SOFR + 1.33%), 3.97%,
03/05/29(b)
 
1,513
1,510,203
(3-mo. CME Term SOFR + 1.44%), 3.19%,
07/23/30(b)
 
1,614
1,560,847
(3-mo. CME Term SOFR + 1.45%), 2.88%,
10/22/30(b)
 
1,327
1,265,113
(3-mo. CME Term SOFR + 1.47%), 3.97%,
02/07/30(b)
 
1,859
1,850,029
(3-mo. CME Term SOFR + 1.57%), 4.27%,
07/23/29(b)
 
1,817
1,824,823
(3-mo. CME Term SOFR + 1.63%), 3.59%,
07/21/28(b)
 
1,113
1,106,179
(3-mo. CME Term SOFR + 1.77%), 3.71%,
04/24/28(b)
 
1,429
1,423,556
(5-year CMT + 1.20%), 2.48%, 09/21/36(b)
 
1,229
1,077,824
(5-year CMT + 2.00%), 3.85%, 03/08/37(b)
 
1,600
1,501,393
Series L, 4.18%, 11/25/27
 
829
830,123
Series N, (1-day SOFR + 1.22%), 2.65%,
03/11/32(b)
 
1,409
1,292,620
Bank of Montreal
 
2.65%, 03/08/27
 
787
777,219
5.37%, 06/04/27(a)
 
400
407,794
5.20%, 02/01/28
 
740
758,052
5.72%, 09/25/28
 
700
729,589
5.51%, 06/04/31
 
528
553,766
(1-day SOFR + 1.25%), 4.64%, 09/10/30(b)
 
545
552,473
(1-day SOFR Index + 0.67%), 5.00%, 01/27/29(b)
 
410
417,597
(1-day SOFR Index + 0.75%), 4.06%, 09/22/28(b)
 
500
500,773
(1-day SOFR Index + 1.08%), 4.35%, 09/22/31(b)
 
650
648,625
Security
 
Par
(000)
Value
Banks (continued)
Bank of Montreal(continued)
 
(5-year CMT + 1.40%), 3.09%, 01/10/37(b)
$
734
$ 661,539
(5-year USD Swap + 1.43%), 3.80%, 12/15/32(b)
 
733
725,456
Series H, 4.70%, 09/14/27
 
700
708,717
Series J, (1-day SOFR + 0.97%), 4.44%,
01/14/32(b)
 
700
698,438
Bank of New York Mellon, (1-day SOFR + 1.14%),
4.73%, 04/20/29(b)
 
760
772,759
Bank of New York Mellon Corp.
 
3.25%, 05/16/27
 
620
617,132
3.40%, 01/29/28
 
563
559,141
3.85%, 04/28/28
 
343
343,882
1.65%, 07/14/28
 
225
214,307
3.00%, 10/30/28
 
375
365,899
3.85%, 04/26/29
 
472
472,192
3.30%, 08/23/29
 
529
514,820
1.65%, 01/28/31
 
575
509,470
1.80%, 07/28/31
 
229
201,193
2.50%, 01/26/32(a)
 
413
376,391
(1-day SOFR + 0.63%), 4.03%, 01/22/30(b)
 
335
334,607
(1-day SOFR + 0.68%), 4.44%, 06/09/28(b)
 
494
497,665
(1-day SOFR + 0.84%), 4.89%, 07/21/28(b)
 
525
532,968
(1-day SOFR + 0.89%), 4.94%, 02/11/31(b)
 
751
771,492
(1-day SOFR + 1.09%), 4.98%, 03/14/30(a)(b)
 
800
822,388
(1-day SOFR + 1.15%), 3.99%, 06/13/28(b)
 
100
100,120
(1-day SOFR + 1.17%), 4.54%, 02/01/29(b)
 
700
708,140
(1-day SOFR + 1.23%), 5.06%, 07/22/32(b)
 
525
542,069
(1-day SOFR + 1.25%), 5.23%, 11/20/35(b)
 
475
487,816
(1-day SOFR + 1.35%), 5.32%, 06/06/36(b)
 
500
515,055
(1-day SOFR + 1.42%), 4.29%, 06/13/33(a)(b)
 
500
493,073
(1-day SOFR + 1.42%), 5.19%, 03/14/35(b)
 
600
617,504
(1-day SOFR + 1.51%), 4.71%, 02/01/34(b)
 
500
500,819
(1-day SOFR + 1.60%), 6.32%, 10/25/29(b)
 
575
608,875
(1-day SOFR + 1.76%), 4.60%, 07/26/30(b)
 
300
305,254
(1-day SOFR + 1.77%), 5.61%, 07/21/39(b)
 
300
312,925
(1-day SOFR + 1.85%), 6.47%, 10/25/34(b)
 
825
918,197
(1-day SOFR Index + 1.80%), 5.80%, 10/25/28(b)
 
490
505,666
(1-day SOFR Index + 2.07%), 5.83%, 10/25/33(b)
 
712
764,733
(3-mo. CME Term SOFR + 1.33%), 3.44%,
02/07/28(b)
 
575
572,626
Series J, 1.90%, 01/25/29
 
250
235,972
Series J, (1-day SOFR + 1.61%), 4.97%,
04/26/34(b)
 
740
751,672
Bank of Nova Scotia
 
1.95%, 02/02/27
 
429
421,316
2.95%, 03/11/27
 
372
368,534
5.40%, 06/04/27(a)
 
549
559,872
5.25%, 06/12/28
 
360
370,794
5.45%, 08/01/29(a)
 
475
494,798
4.85%, 02/01/30
 
900
919,630
2.15%, 08/01/31
 
329
292,970
2.45%, 02/02/32
 
553
494,507
5.65%, 02/01/34
 
550
580,797
(1-day SOFR + 0.73%), 4.25%, 02/02/30(b)(c)
 
525
525,971
(1-day SOFR + 0.76%), 4.04%, 09/15/28(a)(b)
 
300
300,092
(1-day SOFR + 0.89%), 4.93%, 02/14/29(b)
 
864
880,114
(1-day SOFR + 1.00%), 4.40%, 09/08/28(b)
 
683
687,116
(1-day SOFR + 1.05%), 4.81%, 02/02/34(b)(c)
 
675
675,146
(1-day SOFR + 1.07%), 5.13%, 02/14/31(b)
 
750
771,504
(1-day SOFR + 1.09%), 4.34%, 09/15/31(b)
 
600
597,447
(1-day SOFR + 1.44%), 4.74%, 11/10/32(b)
 
475
479,092
(5-year CMT + 2.05%), 4.59%, 05/04/37(b)
 
664
649,405
BankUnited, Inc., 5.13%, 06/11/30
 
150
150,527
Schedule of Investments
5

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Banks (continued)
Barclays PLC
 
4.34%, 01/10/28
$
700
$ 701,905
4.84%, 05/09/28
 
1,178
1,186,924
(1-day SOFR + 0.96%), 5.09%, 02/25/29(b)
 
800
815,040
(1-day SOFR + 1.08%), 4.48%, 11/11/29(b)
 
950
955,560
(1-day SOFR + 1.23%), 5.37%, 02/25/31(b)
 
1,100
1,135,159
(1-day SOFR + 1.34%), 4.84%, 09/10/28(b)
 
600
606,881
(1-day SOFR + 1.49%), 5.67%, 03/12/28(b)
 
800
813,539
(1-day SOFR + 1.56%), 4.94%, 09/10/30(b)
 
1,000
1,018,486
(1-day SOFR + 1.59%), 5.79%, 02/25/36(b)
 
1,200
1,250,310
(1-day SOFR + 1.74%), 5.69%, 03/12/30(b)
 
1,200
1,249,234
(1-day SOFR + 1.91%), 5.34%, 09/10/35(b)
 
1,200
1,214,060
(1-day SOFR + 2.22%), 6.49%, 09/13/29(b)
 
650
686,100
(1-day SOFR + 2.62%), 6.69%, 09/13/34(b)
 
1,000
1,103,495
(1-day SOFR + 2.98%), 6.22%, 05/09/34(b)
 
1,300
1,394,081
(1-day SOFR + 3.57%), 7.12%, 06/27/34(b)
 
900
1,004,062
(1-year CMT + 1.20%), 2.67%, 03/10/32(b)
 
810
737,264
(1-year CMT + 1.30%), 2.89%, 11/24/32(b)
 
600
544,819
(1-year CMT + 1.90%), 2.65%, 06/24/31(b)
 
1,000
927,275
(1-year CMT + 2.65%), 5.50%, 08/09/28(b)
 
1,100
1,123,052
(1-year CMT + 3.00%), 5.75%, 08/09/33(b)
 
600
629,147
(1-year CMT + 3.30%), 7.39%, 11/02/28(b)
 
900
949,483
(1-year CMT + 3.50%), 7.44%, 11/02/33(b)
 
1,200
1,370,601
(3-mo. SOFR US + 2.16%), 4.97%, 05/16/29(b)
 
1,195
1,215,421
(3-mo. SOFR US + 3.32%), 5.09%, 06/20/30(b)
 
1,078
1,097,671
(5-year CMT + 2.90%), 3.56%, 09/23/35(b)
 
678
641,207
BOKF NA, (5-year CMT + 2.00%), 6.11%, 11/06/40(b)
 
250
256,675
Canadian Imperial Bank of Commerce
 
3.45%, 04/07/27
 
650
647,397
5.24%, 06/28/27
 
1,100
1,120,444
5.00%, 04/28/28
 
572
584,376
5.99%, 10/03/28(a)
 
250
262,041
5.26%, 04/08/29
 
800
827,774
3.60%, 04/07/32
 
664
633,355
6.09%, 10/03/33
 
650
703,757
(1-day SOFR + 1.03%), 4.86%, 03/30/29(b)
 
834
847,457
(1-day SOFR + 1.11%), 5.25%, 01/13/31(b)
 
675
696,506
(1-day SOFR + 1.34%), 4.63%, 09/11/30(b)
 
525
532,002
(1-day SOFR Index + 0.60%), 4.24%, 09/08/28(b)
 
600
602,166
(1-day SOFR Index + 0.79%), 4.28%, 01/29/30(b)
 
575
576,584
(1-day SOFR Index + 1.17%), 4.58%, 09/08/31(b)
 
600
604,275
Capital One NA
 
Series BKNT, 4.65%, 09/13/28
 
350
354,754
Series BKNT, 2.70%, 02/06/30
 
300
282,427
Citibank N.A.
 
5.80%, 09/29/28(a)
 
1,150
1,203,857
4.84%, 08/06/29
 
950
971,726
Series BKNT, 5.57%, 04/30/34
 
1,210
1,273,366
Citibank NA
 
Class BN, 4.58%, 05/29/27
 
1,500
1,513,696
Class BN, 4.91%, 05/29/30
 
2,080
2,134,111
Citigroup, Inc.
 
4.45%, 09/29/27
 
2,541
2,557,870
4.13%, 07/25/28
 
1,138
1,138,969
6.63%, 06/15/32(a)
 
526
581,292
5.88%, 02/22/33(a)
 
300
319,924
6.00%, 10/31/33
 
600
640,970
(1-day SOFR + 0.87%), 4.79%, 03/04/29(b)
 
1,750
1,774,933
(1-day SOFR + 1.14%), 4.64%, 05/07/28(b)
 
1,497
1,508,427
(1-day SOFR + 1.15%), 2.67%, 01/29/31(b)
 
1,429
1,338,592
(1-day SOFR + 1.17%), 4.50%, 09/11/31(b)
 
1,855
1,856,468
(1-day SOFR + 1.17%), 2.56%, 05/01/32(b)
 
1,948
1,766,094
(1-day SOFR + 1.18%), 2.52%, 11/03/32(b)
 
1,200
1,073,867
Security
 
Par
(000)
Value
Banks (continued)
Citigroup, Inc.(continued)
 
(1-day SOFR + 1.28%), 3.07%, 02/24/28(b)
$
1,329
$ 1,315,952
(1-day SOFR + 1.34%), 4.54%, 09/19/30(b)
 
1,875
1,890,957
(1-day SOFR + 1.35%), 3.06%, 01/25/33(b)
 
1,913
1,750,844
(1-day SOFR + 1.36%), 5.17%, 02/13/30(b)
 
1,920
1,972,636
(1-day SOFR + 1.42%), 2.98%, 11/05/30(b)
 
1,820
1,734,833
(1-day SOFR + 1.45%), 5.45%, 06/11/35(b)
 
1,500
1,544,294
(1-day SOFR + 1.46%), 4.95%, 05/07/31(b)
 
1,200
1,223,897
(1-day SOFR + 1.47%), 5.33%, 03/27/36(b)
 
1,550
1,578,783
(1-day SOFR + 1.49%), 5.17%, 09/11/36(a)(b)
 
1,810
1,819,576
(1-day SOFR + 1.83%), 6.02%, 01/24/36(b)
 
1,955
2,040,208
(1-day SOFR + 1.89%), 4.66%, 05/24/28(b)
 
700
705,715
(1-day SOFR + 1.94%), 3.79%, 03/17/33(b)
 
1,877
1,786,201
(1-day SOFR + 2.06%), 5.83%, 02/13/35(b)
 
1,625
1,680,729
(1-day SOFR + 2.09%), 4.91%, 05/24/33(b)
 
1,550
1,565,269
(1-day SOFR + 2.11%), 2.57%, 06/03/31(b)
 
2,143
1,985,821
(1-day SOFR + 2.34%), 6.27%, 11/17/33(b)
 
1,400
1,521,570
(1-day SOFR + 2.66%), 6.17%, 05/25/34(b)
 
1,935
2,051,435
(1-day SOFR + 3.91%), 4.41%, 03/31/31(b)
 
2,579
2,578,003
(3-mo. CME Term SOFR + 1.41%), 3.52%,
10/27/28(b)
 
1,451
1,439,300
(3-mo. CME Term SOFR + 1.45%), 4.08%,
04/23/29(b)
 
1,300
1,300,079
(3-mo. CME Term SOFR + 1.60%), 3.98%,
03/20/30(b)
 
1,773
1,758,831
(3-mo. CME Term SOFR + 1.65%), 3.67%,
07/24/28(b)
 
1,554
1,546,094
(5-year CMT + 1.28%), 5.59%, 11/19/34(b)
 
802
825,128
(5-year CMT + 1.73%), 5.41%, 09/19/39(b)
 
700
700,371
Citizens Bank NA, (1-day SOFR + 2.00%), 4.58%,
08/09/28(b)
 
600
604,360
Citizens Bank NA/Providence, (1-day SOFR +
0.70%), 4.19%, 01/29/29(b)
 
250
250,377
Citizens Financial Group, Inc.
 
2.50%, 02/06/30
 
279
260,066
3.25%, 04/30/30
 
550
525,641
2.64%, 09/30/32
 
400
348,376
(1-day SOFR + 1.26%), 5.25%, 03/05/31(b)
 
475
486,981
(1-day SOFR + 1.91%), 5.72%, 07/23/32(b)
 
725
758,881
(1-day SOFR + 2.01%), 5.84%, 01/23/30(b)
 
792
826,233
(1-day SOFR + 2.33%), 6.65%, 04/25/35(b)
 
450
492,563
(5-year CMT + 1.45%), 5.30%, 01/29/36(b)
 
260
261,228
(5-year CMT + 2.75%), 5.64%, 05/21/37(b)
 
200
203,856
Comerica Bank, (1-day SOFR + 2.61%), 5.33%,
08/25/33(b)
 
250
252,473
Comerica, Inc.
 
4.00%, 02/01/29
 
429
426,586
(1-day SOFR + 2.16%), 5.98%, 01/30/30(b)
 
548
572,795
Commonwealth Bank of Australia
 
4.42%, 03/14/28
 
500
506,383
4.15%, 10/01/30
 
380
379,558
Cooperatieve Rabobank UA
 
5.04%, 03/05/27
 
500
506,622
4.37%, 05/27/27
 
250
251,944
3.74%, 01/14/28
 
250
250,086
4.88%, 01/21/28
 
500
510,834
3.96%, 10/17/28
 
250
250,943
4.80%, 01/09/29
 
250
255,908
4.49%, 10/17/29
 
500
508,869
4.16%, 01/14/31
 
250
249,124
Corp. Andina de Fomento, 5.00%, 01/24/29
 
1,200
1,235,859
Deutsche Bank AG
 
5.41%, 05/10/29
 
480
498,956
6

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Banks (continued)
Deutsche Bank AG(continued)
 
(1-day SOFR + 1.10%), 4.47%, 12/10/31(b)
$
650
$ 648,854
(1-day SOFR + 1.30%), 4.95%, 08/04/31(b)
 
1,075
1,087,714
(1-day SOFR + 1.59%), 5.71%, 02/08/28(b)
 
600
609,389
(1-day SOFR + 1.70%), 5.00%, 09/11/30(b)
 
1,000
1,017,021
(1-day SOFR + 1.72%), 5.30%, 05/09/31(b)
 
900
921,721
(1-day SOFR + 1.72%), 3.04%, 05/28/32(b)
 
655
600,746
(1-day SOFR + 2.05%), 5.40%, 09/11/35(b)
 
1,000
1,013,912
(1-day SOFR + 2.26%), 3.74%, 01/07/33(b)
 
750
698,129
(1-day SOFR + 2.51%), 6.82%, 11/20/29(b)
 
750
799,184
(1-day SOFR + 2.76%), 3.73%, 01/14/32(b)
 
650
616,114
(1-day SOFR + 3.04%), 3.55%, 09/18/31(b)
 
959
912,779
(1-day SOFR + 3.18%), 6.72%, 01/18/29(b)
 
1,150
1,204,318
(1-day SOFR + 3.65%), 7.08%, 02/10/34(b)
 
850
934,037
(1-day SOFR + 5.44%), 5.88%, 07/08/31(b)
 
400
414,772
(5-year USD SOFR ICE Swap + 2.55%), 4.88%,
12/01/32(b)
 
550
552,259
(1-day SOFR + 1.21%), 5.37%, 01/10/29(b)
 
750
765,960
European Bank for Reconstruction & Development,
4.38%, 03/09/28
 
2,000
2,030,308
European Investment Bank
 
3.88%, 03/15/28
 
2,800
2,816,987
4.50%, 10/16/28
 
2,400
2,454,884
4.00%, 02/15/29
 
3,500
3,536,566
3.63%, 07/15/30(a)
 
3,200
3,177,953
3.75%, 02/14/33
 
3,000
2,941,508
Fifth Third Bancorp
 
2.55%, 05/05/27
 
471
462,919
3.95%, 03/14/28
 
500
499,629
(1-day SOFR + 0.95%), 4.57%, 04/29/32(b)
 
690
689,321
(1-day SOFR + 1.24%), 5.14%, 01/29/37(b)
 
680
675,919
(1-day SOFR + 1.36%), 4.06%, 04/25/28(b)
 
279
278,801
(1-day SOFR + 1.49%), 4.90%, 09/06/30(b)
 
400
406,679
(1-day SOFR + 1.66%), 4.34%, 04/25/33(a)(b)
 
479
468,780
(1-day SOFR + 1.84%), 5.63%, 01/29/32(b)
 
540
565,702
(1-day SOFR + 2.34%), 6.34%, 07/27/29(b)
 
762
800,629
(1-day SOFR Index + 2.13%), 4.77%, 07/28/30(b)
 
670
678,595
(1-day SOFR Index + 2.19%), 6.36%, 10/27/28(b)
 
384
398,715
Fifth Third Bank N.A., Series BKNT, 2.25%, 02/01/27
 
350
344,555
First Citizens BancShares, Inc.(b)
 
(1-day SOFR + 1.41%), 5.23%, 03/12/31
 
972
985,745
(5-year CMT + 1.97%), 6.25%, 03/12/40
 
456
463,798
First Horizon Bank, Series BKNT, 5.75%, 05/01/30
 
250
258,021
First Horizon Corp., (1-day SOFR + 1.77%), 5.51%,
03/07/31(b)
 
304
313,042
First-Citizens Bank & Trust Co., 6.13%, 03/09/28
 
225
232,819
FNB Corp., (1-day SOFR Index + 1.93%), 5.72%,
12/11/30(b)
 
295
301,727
Goldman Sachs Group, Inc.
 
2.60%, 02/07/30
 
1,309
1,229,015
3.80%, 03/15/30
 
1,634
1,609,219
6.13%, 02/15/33
 
518
564,062
(1-day SOFR + 0.71%), 4.15%, 01/21/29(b)
 
3,700
3,702,635
(1-day SOFR + 0.90%), 4.15%, 10/21/29(b)
 
1,650
1,648,782
(1-day SOFR + 0.96%), 4.52%, 01/21/32(b)
 
3,700
3,697,508
(1-day SOFR + 1.06%), 4.37%, 10/21/31(b)
 
1,950
1,939,580
(1-day SOFR + 1.08%), 5.21%, 01/28/31(b)
 
1,400
1,443,178
(1-day SOFR + 1.09%), 1.99%, 01/27/32(b)
 
1,710
1,517,329
(1-day SOFR + 1.14%), 4.69%, 10/23/30(b)
 
1,420
1,439,531
(1-day SOFR + 1.19%), 5.07%, 01/21/37(b)
 
2,460
2,449,406
(1-day SOFR + 1.21%), 5.05%, 07/23/30(b)
 
1,600
1,638,734
(1-day SOFR + 1.25%), 2.38%, 07/21/32(b)
 
2,719
2,431,675
Security
 
Par
(000)
Value
Banks (continued)
Goldman Sachs Group, Inc.(continued)
 
(1-day SOFR + 1.26%), 2.65%, 10/21/32(b)
$
1,981
$ 1,789,012
(1-day SOFR + 1.27%), 5.73%, 04/25/30(b)
 
1,495
1,560,858
(1-day SOFR + 1.28%), 2.62%, 04/22/32(b)
 
2,418
2,201,461
(1-day SOFR + 1.32%), 4.94%, 04/23/28(b)
 
1,567
1,583,662
(1-day SOFR + 1.33%), 4.94%, 10/21/36(b)
 
2,250
2,219,077
(1-day SOFR + 1.38%), 5.54%, 01/28/36(b)
 
1,900
1,963,648
(1-day SOFR + 1.41%), 3.10%, 02/24/33(b)
 
2,844
2,612,571
(1-day SOFR + 1.42%), 5.02%, 10/23/35(b)
 
2,265
2,264,732
(1-day SOFR + 1.55%), 5.85%, 04/25/35(b)
 
1,635
1,728,063
(1-day SOFR + 1.55%), 5.33%, 07/23/35(b)
 
1,950
1,994,047
(1-day SOFR + 1.58%), 5.22%, 04/23/31(b)
 
2,275
2,342,783
(1-day SOFR + 1.73%), 4.48%, 08/23/28(b)
 
1,653
1,662,995
(1-day SOFR + 1.77%), 6.48%, 10/24/29(b)
 
1,626
1,721,358
(1-day SOFR + 1.85%), 3.62%, 03/15/28(b)
 
2,121
2,111,306
(1-day SOFR + 1.95%), 6.56%, 10/24/34(b)
 
800
885,204
(3-mo. CME Term SOFR + 1.42%), 3.81%,
04/23/29(b)
 
1,659
1,648,680
(3-mo. CME Term SOFR + 1.56%), 4.22%,
05/01/29(b)
 
2,279
2,283,730
(3-mo. CME Term SOFR + 1.77%), 3.69%,
06/05/28(b)
 
1,573
1,566,116
(5-year CMT + 1.18%), 5.39%, 02/02/41(b)(c)
 
1,225
1,213,632
HSBC Bank USA NA, Series BKNT, 5.88%, 11/01/34
 
250
264,397
HSBC Holdings PLC
 
4.95%, 03/31/30
 
1,586
1,623,783
(1-day SOFR + 1.03%), 4.90%, 03/03/29(b)
 
900
913,048
(1-day SOFR + 1.04%), 5.13%, 11/19/28(b)
 
900
916,129
(1-day SOFR + 1.06%), 5.60%, 05/17/28(b)
 
955
973,032
(1-day SOFR + 1.19%), 4.62%, 11/06/31(b)
 
1,400
1,405,123
(1-day SOFR + 1.19%), 2.80%, 05/24/32(b)
 
1,864
1,704,857
(1-day SOFR + 1.29%), 2.21%, 08/17/29(b)
 
1,250
1,190,169
(1-day SOFR + 1.29%), 5.29%, 11/19/30(b)
 
1,450
1,497,250
(1-day SOFR + 1.29%), 5.13%, 03/03/31(b)
 
1,320
1,352,873
(1-day SOFR + 1.41%), 2.87%, 11/22/32(b)
 
1,310
1,188,991
(1-day SOFR + 1.43%), 5.13%, 11/06/36(b)
 
1,400
1,397,677
(1-day SOFR + 1.46%), 5.55%, 03/04/30(b)
 
800
829,092
(1-day SOFR + 1.52%), 5.73%, 05/17/32(b)
 
800
841,023
(1-day SOFR + 1.56%), 5.45%, 03/03/36(b)
 
1,400
1,437,589
(1-day SOFR + 1.57%), 5.24%, 05/13/31(b)
 
1,400
1,440,787
(1-day SOFR + 1.73%), 2.01%, 09/22/28(a)(b)
 
1,278
1,235,861
(1-day SOFR + 1.78%), 5.72%, 03/04/35(b)
 
800
840,610
(1-day SOFR + 1.88%), 5.79%, 05/13/36(b)
 
1,200
1,261,137
(1-day SOFR + 1.90%), 5.87%, 11/18/35(b)
 
1,150
1,196,322
(1-day SOFR + 1.95%), 2.36%, 08/18/31(b)
 
1,000
911,335
(1-day SOFR + 1.96%), 5.74%, 09/10/36(a)(b)
 
1,000
1,025,974
(1-day SOFR + 1.97%), 6.16%, 03/09/29(b)
 
1,550
1,610,891
(1-day SOFR + 2.11%), 4.76%, 06/09/28(b)
 
1,500
1,513,353
(1-day SOFR + 2.39%), 2.85%, 06/04/31(b)
 
1,010
945,057
(1-day SOFR + 2.39%), 6.25%, 03/09/34(b)
 
1,000
1,082,532
(1-day SOFR + 2.53%), 4.76%, 03/29/33(b)
 
1,335
1,326,136
(1-day SOFR + 2.61%), 5.21%, 08/11/28(b)
 
1,500
1,524,830
(1-day SOFR + 2.87%), 5.40%, 08/11/33(b)
 
1,650
1,705,756
(1-day SOFR + 2.98%), 6.55%, 06/20/34(b)
 
1,200
1,296,313
(1-day SOFR + 3.02%), 7.40%, 11/13/34(b)
 
1,170
1,330,037
(1-day SOFR + 4.25%), 8.11%, 11/03/33(b)
 
1,400
1,637,215
(3-mo. CME Term SOFR + 1.80%), 4.58%,
06/19/29(b)
 
2,289
2,310,109
(3-mo. CME Term SOFR + 1.81%), 4.04%,
03/13/28(b)
 
1,689
1,688,830
(3-mo. CME Term SOFR + 1.87%), 3.97%,
05/22/30(b)
 
2,039
2,017,727
Schedule of Investments
7

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Banks (continued)
HSBC Holdings PLC(continued)
 
(1-day SOFR + 3.35%), 7.39%, 11/03/28(b)
$
1,805
$ 1,904,805
HSBC USA, Inc.
 
5.29%, 03/04/27
 
635
644,477
4.65%, 06/03/28
 
600
609,332
Huntington Bancshares, Inc.
 
2.55%, 02/04/30
 
440
410,478
(1-day SOFR + 0.99%), 4.62%, 01/28/32(b)
 
625
625,957
(1-day SOFR + 1.28%), 5.27%, 01/15/31(b)
 
706
726,371
(1-day SOFR + 1.97%), 4.44%, 08/04/28(b)
 
450
452,614
(1-day SOFR + 2.02%), 6.21%, 08/21/29(b)
 
600
628,797
(1-day SOFR + 2.05%), 5.02%, 05/17/33(b)
 
200
202,227
(1-day SOFR Index + 1.87%), 5.71%, 02/02/35(b)
 
1,050
1,092,320
(5-year CMT + 1.17%), 2.49%, 08/15/36(b)
 
324
282,096
(5-year CMT + 1.35%), 5.61%, 01/28/41(b)
 
425
422,886
(5-year CMT + 1.70%), 6.14%, 11/18/39(b)
 
350
365,373
Huntington National Bank
 
5.65%, 01/10/30
 
400
418,424
(1-day SOFR + 0.72%), 4.87%, 04/12/28(b)
 
500
504,270
(1-day SOFR Index + 1.65%), 4.55%, 05/17/28(b)
 
500
502,861
Independent Bank Corp., (3-mo. CME Term SOFR +
3.53%), 7.25%, 04/01/35(a)(b)
 
100
105,692
ING Groep NV
 
3.95%, 03/29/27
 
1,000
1,000,591
4.55%, 10/02/28
 
878
888,843
4.05%, 04/09/29
 
678
676,195
(1-day SOFR + 1.01%), 4.86%, 03/25/29(b)
 
400
406,292
(1-day SOFR + 1.32%), 2.73%, 04/01/32(b)
 
450
413,839
(1-day SOFR + 1.44%), 5.34%, 03/19/30(b)
 
800
825,153
(1-day SOFR + 1.61%), 5.53%, 03/25/36(b)
 
660
683,655
(1-day SOFR + 1.77%), 5.55%, 03/19/35(b)
 
1,000
1,038,130
(1-day SOFR + 1.83%), 4.02%, 03/28/28(b)
 
789
789,310
(1-day SOFR + 2.07%), 4.25%, 03/28/33(b)
 
600
588,286
(1-day SOFR + 2.09%), 6.11%, 09/11/34(b)
 
800
862,391
(1-day SOFR Index + 1.23%), 5.07%, 03/25/31(b)
 
600
614,366
Inter-American Development Bank
 
4.38%, 02/01/27(a)
 
1,000
1,007,081
4.00%, 01/12/28
 
1,300
1,310,145
4.13%, 02/15/29
 
2,400
2,432,609
3.50%, 04/12/33(a)
 
1,400
1,346,938
4.50%, 09/13/33
 
1,300
1,331,484
Inter-American Investment Corp., 4.75%, 09/19/28
 
200
205,168
International Bank for Reconstruction & Development
 
4.50%, 06/26/28
 
700
702,069
3.50%, 07/12/28
 
2,500
2,493,672
4.63%, 08/01/28
 
2,500
2,560,148
3.88%, 02/14/30
 
3,000
3,015,594
4.00%, 07/25/30
 
2,300
2,318,154
4.00%, 01/10/31
 
3,300
3,323,068
4.75%, 11/14/33
 
1,600
1,664,323
International Finance Corp., 4.50%, 07/13/28
 
1,100
1,122,722
JPMorgan Chase & Co.
 
4.25%, 10/01/27
 
813
818,805
3.63%, 12/01/27
 
829
825,264
5.45%, 02/05/37
 
925
921,793
(1-day SOFR + 0.80%), 4.92%, 01/24/29(b)
 
995
1,012,881
(1-day SOFR + 0.84%), 4.35%, 01/22/32(b)
 
1,645
1,641,161
(1-day SOFR + 0.86%), 4.51%, 10/22/28(b)
 
1,700
1,715,402
(1-day SOFR + 0.93%), 5.57%, 04/22/28(b)
 
1,550
1,579,224
(1-day SOFR + 0.93%), 4.98%, 07/22/28(b)
 
1,030
1,044,571
(1-day SOFR + 0.93%), 4.26%, 10/22/31(b)
 
1,245
1,238,152
(1-day SOFR + 1.01%), 5.14%, 01/24/31(b)
 
1,505
1,552,270
(1-day SOFR + 1.02%), 2.07%, 06/01/29(b)
 
1,210
1,156,961
Security
 
Par
(000)
Value
Banks (continued)
JPMorgan Chase & Co.(continued)
 
(1-day SOFR + 1.04%), 4.60%, 10/22/30(b)
$
1,700
$ 1,723,557
(1-day SOFR + 1.07%), 1.95%, 02/04/32(b)
 
2,059
1,833,260
(1-day SOFR + 1.07%), 4.90%, 01/22/37(b)
 
1,855
1,840,600
(1-day SOFR + 1.13%), 5.00%, 07/22/30(b)
 
1,725
1,770,152
(1-day SOFR + 1.16%), 5.58%, 04/22/30(b)
 
1,950
2,031,577
(1-day SOFR + 1.18%), 2.55%, 11/08/32(b)
 
1,872
1,686,043
(1-day SOFR + 1.19%), 4.81%, 10/22/36(b)
 
1,885
1,858,149
(1-day SOFR + 1.26%), 2.96%, 01/25/33(b)
 
2,257
2,068,921
(1-day SOFR + 1.31%), 5.01%, 01/23/30(b)
 
1,550
1,589,251
(1-day SOFR + 1.32%), 5.50%, 01/24/36(b)
 
1,705
1,773,252
(1-day SOFR + 1.34%), 4.95%, 10/22/35(b)
 
1,960
1,966,504
(1-day SOFR + 1.44%), 5.10%, 04/22/31(b)
 
1,590
1,638,737
(1-day SOFR + 1.45%), 5.30%, 07/24/29(b)
 
1,545
1,589,920
(1-day SOFR + 1.46%), 5.29%, 07/22/35(b)
 
2,425
2,489,026
(1-day SOFR + 1.49%), 5.77%, 04/22/35(b)
 
1,770
1,874,020
(1-day SOFR + 1.56%), 4.32%, 04/26/28(b)
 
1,798
1,805,320
(1-day SOFR + 1.57%), 6.09%, 10/23/29(b)
 
1,425
1,497,511
(1-day SOFR + 1.62%), 5.34%, 01/23/35(b)
 
1,876
1,930,471
(1-day SOFR + 1.64%), 5.58%, 07/23/36(b)
 
2,485
2,554,555
(1-day SOFR + 1.68%), 5.57%, 04/22/36(b)
 
2,110
2,203,050
(1-day SOFR + 1.75%), 4.57%, 06/14/30(b)
 
1,250
1,264,844
(1-day SOFR + 1.80%), 4.59%, 04/26/33(b)
 
1,598
1,600,246
(1-day SOFR + 1.81%), 6.25%, 10/23/34(b)
 
1,724
1,879,969
(1-day SOFR + 1.85%), 5.35%, 06/01/34(a)(b)
 
2,815
2,910,027
(1-day SOFR + 1.89%), 2.18%, 06/01/28(b)
 
1,000
976,866
(1-day SOFR + 1.99%), 4.85%, 07/25/28(b)
 
2,600
2,631,900
(1-day SOFR + 2.04%), 2.52%, 04/22/31(b)
 
1,755
1,634,318
(1-day SOFR + 2.08%), 4.91%, 07/25/33(b)
 
3,188
3,238,163
(1-day SOFR + 2.58%), 5.72%, 09/14/33(b)
 
2,102
2,217,431
(3-mo. CME Term SOFR + 1.11%), 1.76%,
11/19/31(b)
 
829
736,553
(3-mo. CME Term SOFR + 1.21%), 3.51%,
01/23/29(b)
 
1,529
1,514,153
(3-mo. CME Term SOFR + 1.25%), 2.58%,
04/22/32(b)
 
2,342
2,137,903
(3-mo. CME Term SOFR + 1.38%), 4.01%,
04/23/29(b)
 
1,319
1,317,873
(3-mo. CME Term SOFR + 1.42%), 3.70%,
05/06/30(b)
 
1,529
1,507,343
(3-mo. CME Term SOFR + 1.51%), 2.74%,
10/15/30(b)
 
2,791
2,652,439
(3-mo. CME Term SOFR + 1.52%), 4.20%,
07/23/29(b)
 
1,749
1,755,059
(3-mo. CME Term SOFR + 1.59%), 4.45%,
12/05/29(b)
 
1,605
1,620,270
(3-mo. CME Term SOFR + 1.64%), 3.54%,
05/01/28(b)
 
1,450
1,442,242
(3-mo. CME Term SOFR + 2.52%), 2.96%,
05/13/31(b)
 
2,091
1,969,799
(3-mo. CME Term SOFR + 3.79%), 4.49%,
03/24/31(b)
 
1,959
1,973,629
KeyBank NA
 
Series BKNT, 6.95%, 02/01/28
 
550
577,088
Series BKNT, 3.90%, 04/13/29
 
261
256,821
Series BKNT, 4.90%, 08/08/32
 
550
548,699
Keybank National Association
 
5.00%, 01/26/33
 
450
452,718
Series BKNT, 5.85%, 11/15/27
 
500
515,120
Series BKNT, 4.39%, 12/14/27
 
250
251,541
KeyCorp
 
2.25%, 04/06/27(a)
 
546
534,916
4.10%, 04/30/28
 
495
495,730
8

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Banks (continued)
KeyCorp(continued)
 
2.55%, 10/01/29
$
513
$ 485,431
(1-day SOFR + 1.37%), 5.31%, 01/28/37(b)
 
485
485,383
(1-day SOFR Index + 1.23%), 5.12%,
04/04/31(a)(b)
 
494
505,921
(1-day SOFR Index + 2.06%), 4.79%, 06/01/33(b)
 
546
544,946
(1-day SOFR Index + 2.42%), 6.40%, 03/06/35(b)
 
558
604,253
Kreditanstalt fuer Wiederaufbau
 
4.38%, 03/01/27
 
3,000
3,024,624
3.00%, 05/20/27
 
2,700
2,679,940
4.00%, 06/28/27
 
2,000
2,011,687
3.50%, 08/27/27
 
2,000
1,997,748
3.75%, 02/15/28
 
1,650
1,655,679
2.88%, 04/03/28
 
1,150
1,133,369
3.88%, 06/15/28
 
3,000
3,020,086
3.50%, 08/09/28(a)
 
2,000
1,995,967
4.00%, 03/15/29
 
3,000
3,032,790
1.75%, 09/14/29
 
1,243
1,162,501
4.63%, 03/18/30
 
1,995
2,062,411
3.75%, 07/15/30
 
3,000
2,995,121
0.75%, 09/30/30
 
789
686,968
4.75%, 10/29/30
 
1,500
1,560,430
4.13%, 07/15/33(a)
 
2,600
2,603,446
4.38%, 02/28/34(a)
 
2,000
2,030,330
Series GLOB, 3.88%, 05/15/28(a)
 
2,000
2,012,950
Landwirtschaftliche Rentenbank
 
4.63%, 04/17/29
 
1,000
1,027,966
4.13%, 05/28/30
 
955
968,187
0.88%, 09/03/30
 
1,559
1,367,810
5.00%, 10/24/33
 
600
632,887
Series 37, 2.50%, 11/15/27
 
1,400
1,372,584
Lloyds Banking Group PLC
 
4.38%, 03/22/28
 
678
682,743
4.55%, 08/16/28
 
710
719,092
(1-year CMT + 0.82%), 4.43%, 11/04/31(b)
 
800
797,136
(1-year CMT + 0.83%), 4.82%, 06/13/29(b)
 
800
812,640
(1-year CMT + 0.85%), 5.09%, 11/26/28(b)
 
600
610,774
(1-year CMT + 0.97%), 4.94%, 11/04/36(a)(b)
 
800
787,877
(1-year CMT + 1.07%), 5.72%, 06/05/30(b)
 
1,000
1,046,367
(1-year CMT + 1.20%), 5.59%, 11/26/35(a)(b)
 
800
831,646
(1-year CMT + 1.60%), 6.07%, 06/13/36(b)
 
800
839,170
(1-year CMT + 1.70%), 5.87%, 03/06/29(b)
 
1,000
1,036,158
(1-year CMT + 1.75%), 5.68%, 01/05/35(b)
 
1,200
1,257,582
(1-year CMT + 1.80%), 3.75%, 03/18/28(b)
 
678
676,047
(1-year CMT + 2.30%), 4.98%, 08/11/33(b)
 
900
915,727
(1-year CMT + 3.75%), 7.95%, 11/15/33(b)
 
500
582,682
(3-mo. SOFR US + 1.47%), 3.57%, 11/07/28(b)
 
1,300
1,289,803
M&T Bank Corp.(b)
 
(1-day SOFR + 0.93%), 4.83%, 01/16/29
 
145
147,271
(1-day SOFR + 1.40%), 5.18%, 07/08/31
 
486
498,323
(1-day SOFR + 1.61%), 5.39%, 01/16/36
 
1,120
1,136,276
(1-day SOFR + 1.85%), 5.05%, 01/27/34
 
550
551,493
(1-day SOFR + 2.26%), 6.08%, 03/13/32
 
466
495,198
(1-day SOFR + 2.80%), 7.41%, 10/30/29
 
400
433,408
(1-day SOFR Index + 1.78%), 4.55%, 08/16/28
 
450
453,045
(5-year CMT + 1.43%), 5.40%, 07/30/35
 
150
151,507
Manufacturers & Traders Trust Co.
 
4.70%, 01/27/28
 
650
659,098
(1-day SOFR + 0.95%), 4.76%, 07/06/28(b)
 
500
504,654
Series BKNT, 3.40%, 08/17/27
 
250
247,593
Mitsubishi UFJ Financial Group, Inc.
 
3.68%, 02/22/27
 
590
589,089
Security
 
Par
(000)
Value
Banks (continued)
Mitsubishi UFJ Financial Group, Inc.(continued)
 
3.29%, 07/25/27
$
529
$ 524,816
3.96%, 03/02/28
 
729
729,738
4.05%, 09/11/28
 
640
641,869
3.74%, 03/07/29
 
1,159
1,150,307
3.20%, 07/18/29
 
1,300
1,260,569
2.56%, 02/25/30
 
1,010
944,857
2.05%, 07/17/30
 
910
827,488
(1-year CMT + 0.78%), 5.20%, 01/16/31(b)
 
400
411,618
(1-year CMT + 0.80%), 4.53%, 09/12/31(b)
 
600
602,248
(1-year CMT + 0.80%), 4.51%, 01/14/32(b)
 
600
601,059
(1-year CMT + 0.82%), 5.26%, 04/17/30(b)
 
600
618,451
(1-year CMT + 0.90%), 5.06%, 01/14/37(b)
 
1,000
998,118
(1-year CMT + 0.93%), 5.19%, 09/12/36(b)
 
500
505,744
(1-year CMT + 0.95%), 2.31%, 07/20/32(b)
 
1,310
1,169,466
(1-year CMT + 0.95%), 5.57%, 01/16/36(b)
 
800
834,094
(1-year CMT + 0.97%), 2.49%, 10/13/32(b)
 
600
537,385
(1-year CMT + 1.00%), 5.43%, 04/17/35(b)
 
1,000
1,034,402
(1-year CMT + 1.10%), 2.85%, 01/19/33(b)
 
600
544,753
(1-year CMT + 1.17%), 5.16%, 04/24/31(b)
 
680
699,438
(1-year CMT + 1.27%), 5.62%, 04/24/36(b)
 
1,000
1,043,950
(1-year CMT + 1.30%), 4.08%, 04/19/28(b)
 
600
600,597
(1-year CMT + 1.38%), 5.42%, 02/22/29(b)
 
980
1,006,310
(1-year CMT + 1.53%), 5.48%, 02/22/31(b)
 
440
457,404
(1-year CMT + 1.55%), 4.32%, 04/19/33(b)
 
400
392,549
(1-year CMT + 1.63%), 5.44%, 02/22/34(b)
 
755
786,018
(1-year CMT + 1.70%), 5.24%, 04/19/29(b)
 
335
343,412
(1-year CMT + 1.90%), 5.35%, 09/13/28(b)
 
955
975,138
(1-year CMT + 1.95%), 5.02%, 07/20/28(b)
 
900
912,463
(1-year CMT + 1.97%), 5.41%, 04/19/34(b)
 
600
623,303
(1-year CMT + 2.13%), 5.13%, 07/20/33(b)
 
800
819,489
(1-year CMT + 2.13%), 5.47%, 09/13/33(b)
 
450
469,481
Mizuho Financial Group, Inc.
 
3.66%, 02/28/27
 
200
199,613
3.17%, 09/11/27
 
678
670,553
4.02%, 03/05/28(a)
 
800
801,984
2.56%, 09/13/31
 
610
546,276
(1-year CMT + 0.82%), 5.10%, 05/13/31(b)
 
800
820,510
(1-year CMT + 0.87%), 2.17%, 05/22/32(b)
 
400
355,196
(1-year CMT + 0.90%), 2.26%, 07/09/32(b)
 
400
355,709
(1-year CMT + 0.92%), 4.71%, 07/08/31(b)
 
610
616,676
(1-year CMT + 0.98%), 5.42%, 05/13/36(b)
 
400
412,289
(1-year CMT + 1.07%), 5.32%, 07/08/36(b)
 
800
819,142
(1-year CMT + 1.08%), 5.38%, 07/10/30(b)
 
600
620,655
(1-year CMT + 1.12%), 5.38%, 05/26/30(b)
 
440
455,235
(1-year CMT + 1.25%), 3.26%, 05/22/30(b)
 
200
193,853
(1-year CMT + 1.30%), 5.58%, 05/26/35(b)
 
400
417,217
(1-year CMT + 1.30%), 5.59%, 07/10/35(b)
 
550
573,719
(1-year CMT + 1.50%), 5.67%, 05/27/29(b)
 
600
620,869
(1-year CMT + 1.65%), 5.78%, 07/06/29(b)
 
800
830,919
(1-year CMT + 1.65%), 5.74%, 05/27/31(b)
 
300
314,987
(1-year CMT + 1.80%), 5.75%, 05/27/34(b)
 
600
632,882
(1-year CMT + 1.90%), 5.75%, 07/06/34(b)
 
600
633,511
(1-year CMT + 2.05%), 5.41%, 09/13/28(b)
 
600
613,291
(1-year CMT + 2.40%), 5.67%, 09/13/33(b)
 
500
528,653
(3-mo. CME Term SOFR + 1.33%), 2.59%,
05/25/31(b)
 
300
278,430
(3-mo. CME Term SOFR + 1.39%), 3.15%,
07/16/30(b)
 
678
653,283
(3-mo. CME Term SOFR + 1.53%), 4.25%,
09/11/29(a)(b)
 
600
601,623
Schedule of Investments
9

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Banks (continued)
Mizuho Financial Group, Inc.(continued)
 
(3-mo. CME Term SOFR + 1.53%), 1.98%,
09/08/31(b)
$
450
$ 403,693
(3-mo. CME Term SOFR + 1.57%), 2.87%,
09/13/30(b)
 
420
399,714
(3-mo. CME Term SOFR + 1.77%), 2.20%,
07/10/31(b)
 
678
617,575
Morgan Stanley
 
3.95%, 04/23/27
 
1,263
1,262,579
3.59%, 07/22/28(b)
 
1,766
1,754,475
7.25%, 04/01/32
 
400
458,763
(1-day SOFR + 0.80%), 4.24%, 01/09/30(b)
 
1,560
1,564,921
(1-day SOFR + 0.95%), 4.49%, 01/16/32(b)
 
2,070
2,068,372
(1-day SOFR + 1.01%), 5.65%, 04/13/28(b)
 
825
840,423
(1-day SOFR + 1.02%), 1.93%, 04/28/32(b)
 
1,872
1,644,640
(1-day SOFR + 1.03%), 1.79%, 02/13/32(b)
 
1,742
1,528,706
(1-day SOFR + 1.10%), 4.65%, 10/18/30(b)
 
1,975
1,999,187
(1-day SOFR + 1.11%), 5.23%, 01/15/31(b)
 
1,520
1,564,301
(1-day SOFR + 1.14%), 2.70%, 01/22/31(b)
 
2,159
2,026,234
(1-day SOFR + 1.18%), 2.24%, 07/21/32(b)
 
2,563
2,273,099
(1-day SOFR + 1.18%), 5.07%, 01/30/37(b)(c)
 
1,525
1,520,231
(1-day SOFR + 1.20%), 2.51%, 10/20/32(b)
 
1,546
1,386,978
(1-day SOFR + 1.22%), 5.04%, 07/19/30(b)
 
1,530
1,566,743
(1-day SOFR + 1.26%), 5.66%, 04/18/30(b)
 
1,415
1,473,838
(1-day SOFR + 1.29%), 2.94%, 01/21/33(b)
 
1,562
1,423,886
(1-day SOFR + 1.36%), 2.48%, 09/16/36(b)
 
2,017
1,772,614
(1-day SOFR + 1.38%), 4.99%, 04/12/29(b)
 
1,215
1,237,084
(1-day SOFR + 1.42%), 5.59%, 01/18/36(b)
 
1,815
1,886,752
(1-day SOFR + 1.45%), 5.17%, 01/16/30(b)
 
1,425
1,463,215
(1-day SOFR + 1.51%), 5.19%, 04/17/31(b)
 
1,650
1,698,984
(1-day SOFR + 1.56%), 5.32%, 07/19/35(b)
 
2,091
2,142,578
(1-day SOFR + 1.58%), 5.83%, 04/19/35(b)
 
1,781
1,882,899
(1-day SOFR + 1.59%), 5.16%, 04/20/29(b)
 
1,710
1,747,179
(1-day SOFR + 1.61%), 4.21%, 04/20/28(b)
 
1,454
1,457,224
(1-day SOFR + 1.63%), 5.45%, 07/20/29(b)
 
1,480
1,525,527
(1-day SOFR + 1.73%), 5.12%, 02/01/29(b)
 
1,495
1,524,582
(1-day SOFR + 1.73%), 5.47%, 01/18/35(b)
 
1,738
1,796,599
(1-day SOFR + 1.76%), 5.66%, 04/17/36(b)
 
1,795
1,874,204
(1-day SOFR + 1.83%), 6.41%, 11/01/29(b)
 
1,280
1,353,923
(1-day SOFR + 1.87%), 5.25%, 04/21/34(b)
 
1,990
2,039,841
(1-day SOFR + 1.88%), 5.42%, 07/21/34(b)
 
1,600
1,656,184
(1-day SOFR + 2.05%), 6.63%, 11/01/34(b)
 
1,078
1,198,367
(1-day SOFR + 2.08%), 4.89%, 07/20/33(b)
 
1,365
1,380,346
(1-day SOFR + 2.24%), 6.30%, 10/18/28(b)
 
1,619
1,679,193
(1-day SOFR + 2.56%), 6.34%, 10/18/33(b)
 
1,881
2,051,823
(1-day SOFR + 2.62%), 5.30%, 04/20/37(b)
 
1,178
1,196,786
(1-day SOFR + 3.12%), 3.62%, 04/01/31(b)
 
2,086
2,024,948
(3-mo. CME Term SOFR + 1.40%), 3.77%,
01/24/29(b)
 
1,845
1,834,983
(3-mo. CME Term SOFR + 1.89%), 4.43%,
01/23/30(b)
 
2,017
2,030,503
(5-year CMT + 1.17%), 5.31%, 01/18/41(b)
 
900
889,919
(5-year CMT + 1.80%), 5.94%, 02/07/39(b)
 
900
942,426
(5-year CMT + 2.43%), 5.95%, 01/19/38(b)
 
1,210
1,266,212
Series I, (1-day SOFR + 0.91%), 4.13%,
10/18/29(b)
 
1,305
1,303,556
Series I, (1-day SOFR + 1.07%), 4.36%,
10/22/31(b)
 
1,535
1,526,211
Series I, (1-day SOFR + 1.31%), 4.89%,
10/22/36(b)
 
1,980
1,948,657
Morgan Stanley Bank N.A., Series BKNT, (1-day
SOFR + 0.93%), 4.97%, 07/14/28(b)
 
925
937,810
Security
 
Par
(000)
Value
Banks (continued)
Morgan Stanley Bank NA(b)
 
Class BN, (1-day SOFR + 0.91%), 5.02%,
01/12/29
$
1,050
$ 1,069,800
Series BKNT, (1-day SOFR + 0.87%), 5.50%,
05/26/28
 
1,400
1,426,800
Morgan Stanley Private Bank NA(b)
 
(1-day SOFR + 0.77%), 4.47%, 07/06/28
 
1,320
1,328,355
(1-day SOFR + 1.08%), 4.73%, 07/18/31
 
2,120
2,147,597
Class BN, (1-day SOFR + 0.76%), 4.21%,
02/08/30(c)
 
1,250
1,249,613
Class BN, (1-day SOFR + 0.78%), 4.20%,
11/17/28
 
1,390
1,393,925
Class BN, (1-day SOFR + 1.02%), 4.47%,
11/19/31
 
2,000
2,000,729
National Australia Bank Ltd.
 
3.91%, 06/09/27
 
1,000
1,002,233
5.09%, 06/11/27
 
630
640,837
4.50%, 10/26/27
 
775
784,326
4.94%, 01/12/28(a)
 
700
714,755
4.31%, 06/13/28
 
470
474,794
4.90%, 06/13/28
 
400
409,554
3.85%, 12/13/28
 
250
249,815
4.79%, 01/10/29
 
750
768,002
4.90%, 01/14/30
 
500
514,410
4.53%, 06/13/30
 
500
507,816
4.15%, 01/13/31
 
250
249,764
National Bank of Canada
 
5.60%, 12/18/28
 
750
782,071
4.50%, 10/10/29
 
750
758,434
(1-day SOFR + 0.80%), 4.95%, 02/01/28(b)
 
250
252,210
(1-day SOFR Index + 0.76%), 4.17%, 01/20/29(b)
 
250
250,522
NatWest Group PLC(b)
 
(1-year CMT + 1.05%), 5.12%, 05/23/31
 
800
820,305
(1-year CMT + 1.10%), 5.58%, 03/01/28
 
600
609,896
(1-year CMT + 1.22%), 4.96%, 08/15/30
 
800
816,636
(1-year CMT + 1.50%), 5.78%, 03/01/35
 
1,000
1,055,436
(1-year CMT + 1.95%), 5.81%, 09/13/29
 
800
832,822
(1-year CMT + 2.10%), 6.02%, 03/02/34
 
700
749,780
(1-year CMT + 2.27%), 5.52%, 09/30/28
 
825
844,490
(1-year CMT + 2.55%), 3.07%, 05/22/28
 
650
642,327
(3-mo. SOFR US + 2.02%), 4.89%, 05/18/29
 
928
943,762
(3-mo. SOFR US + 2.13%), 4.45%, 05/08/30
 
878
881,837
(3-mo. SOFR US + 2.17%), 5.08%, 01/27/30
 
978
1,001,666
(5-year CMT + 2.20%), 6.48%, 06/01/34
 
600
631,290
(5-year CMT + 2.35%), 3.03%, 11/28/35
 
400
369,857
Northern Trust Corp.
 
4.00%, 05/10/27
 
633
634,907
3.65%, 08/03/28
 
313
312,332
3.15%, 05/03/29
 
313
305,189
1.95%, 05/01/30
 
650
595,358
4.15%, 11/19/30
 
365
364,936
6.13%, 11/02/32
 
610
662,751
(3-mo. SOFR US + 1.39%), 3.38%, 05/08/32(a)(b)
 
600
592,044
(5-year CMT + 1.05%), 5.12%, 11/19/40(b)
 
390
388,315
Oesterreichische Kontrollbank AG
 
4.75%, 05/21/27
 
920
933,028
4.25%, 03/01/28
 
900
911,122
4.00%, 05/28/28
 
1,000
1,008,042
4.13%, 01/18/29
 
1,000
1,012,016
3.75%, 09/05/29
 
700
700,024
4.50%, 01/24/30(a)
 
975
1,000,052
3.75%, 09/10/30(a)
 
1,000
995,611
10

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Banks (continued)
Oesterreichische Kontrollbank AG(continued)
 
3.75%, 01/15/31
$
1,000
$ 995,372
Old National Bancorp, (3-mo. CME Term SOFR +
2.20%), 5.77%, 02/15/36(b)
 
200
201,109
Pinnacle Bank/Nashville TN, 5.63%, 02/15/28
 
500
510,771
PNC Bank NA
 
(1-day SOFR + 0.73%), 4.43%, 07/21/28(b)
 
750
755,210
Series BKNT, 3.10%, 10/25/27
 
500
494,263
Series BKNT, 3.25%, 01/22/28
 
250
247,392
Series BKNT, 4.05%, 07/26/28
 
900
900,099
Series BKNT, 2.70%, 10/22/29
 
500
473,028
PNC Financial Services Group, Inc.
 
3.15%, 05/19/27
 
450
445,979
3.45%, 04/23/29
 
1,073
1,057,314
2.55%, 01/22/30(a)
 
1,331
1,252,648
(1-day SOFR + 0.98%), 2.31%, 04/23/32(b)
 
629
567,333
(1-day SOFR + 1.07%), 5.22%, 01/29/31(b)
 
510
526,572
(1-day SOFR + 1.20%), 5.49%, 05/14/30(b)
 
1,276
1,327,726
(1-day SOFR + 1.26%), 4.81%, 10/21/32(b)
 
1,180
1,197,218
(1-day SOFR + 1.33%), 4.90%, 05/13/31(a)(b)
 
575
587,015
(1-day SOFR + 1.39%), 5.58%, 01/29/36(b)
 
1,100
1,141,220
(1-day SOFR + 1.42%), 5.37%, 07/21/36(b)
 
1,125
1,152,164
(1-day SOFR + 1.60%), 5.40%, 07/23/35(b)
 
920
946,776
(1-day SOFR + 1.62%), 5.35%, 12/02/28(b)
 
675
691,660
(1-day SOFR + 1.84%), 5.58%, 06/12/29(b)
 
1,658
1,716,075
(1-day SOFR + 1.90%), 5.68%, 01/22/35(b)
 
1,012
1,060,964
(1-day SOFR + 1.93%), 5.07%, 01/24/34(b)
 
1,175
1,196,493
(1-day SOFR + 1.95%), 5.94%, 08/18/34(b)
 
300
320,334
(1-day SOFR + 2.28%), 6.88%, 10/20/34(b)
 
1,399
1,570,654
(1-day SOFR Index + 1.85%), 4.63%, 06/06/33(b)
 
450
445,423
(1-day SOFR Index + 2.14%), 6.04%, 10/28/33(b)
 
648
697,077
(5-year CMT + 1.17%), 5.42%, 01/25/41(b)
 
320
319,932
Regions Financial Corp.
 
1.80%, 08/12/28
 
363
343,696
(1-day SOFR + 1.49%), 5.72%, 06/06/30(b)
 
325
339,097
(1-day SOFR + 2.06%), 5.50%, 09/06/35(b)
 
600
615,752
Royal Bank of Canada
 
3.63%, 05/04/27
 
837
835,808
4.24%, 08/03/27
 
750
754,770
6.00%, 11/01/27
 
1,100
1,139,812
4.90%, 01/12/28
 
300
306,079
5.20%, 08/01/28
 
880
906,935
4.95%, 02/01/29
 
433
444,853
2.30%, 11/03/31
 
900
810,704
3.88%, 05/04/32
 
700
679,393
5.00%, 02/01/33(a)
 
960
983,374
5.00%, 05/02/33
 
562
574,843
5.15%, 02/01/34
 
1,041
1,080,092
(1-day SOFR + 0.70%), 4.00%, 11/03/28(b)
 
625
625,289
(1-day SOFR + 0.83%), 4.97%, 01/24/29(b)
 
850
866,467
(1-day SOFR + 0.89%), 4.50%, 08/06/29(b)
 
725
732,527
(1-day SOFR + 0.98%), 4.31%, 11/03/31(b)
 
625
622,766
(1-day SOFR + 1.03%), 5.15%, 02/04/31(b)
 
950
978,381
(1-day SOFR + 1.06%), 4.70%, 08/06/31(b)
 
575
582,115
(1-day SOFR + 1.10%), 4.97%, 08/02/30(b)
 
700
716,746
(1-day SOFR Index + 0.81%), 4.72%, 03/27/28(b)
 
775
781,682
(1-day SOFR Index + 0.86%), 4.52%, 10/18/28(b)
 
350
353,389
(1-day SOFR Index + 1.08%), 4.65%, 10/18/30(b)
 
1,358
1,378,482
(1-day SOFR Index + 1.13%), 4.97%,
05/02/31(a)(b)
 
775
793,468
Santander Holdings USA, Inc.
 
4.40%, 07/13/27
 
650
652,474
(1-day SOFR + 1.61%), 5.47%, 03/20/29(b)
 
500
511,336
Security
 
Par
(000)
Value
Banks (continued)
Santander Holdings USA, Inc.(continued)
 
(1-day SOFR + 1.88%), 5.74%, 03/20/31(b)
$
400
$ 414,729
(1-day SOFR + 1.94%), 5.35%, 09/06/30(b)
 
638
654,046
(1-day SOFR + 2.14%), 6.34%, 05/31/35(a)(b)
 
510
544,129
(1-day SOFR + 2.36%), 6.50%, 03/09/29(b)
 
496
517,326
(1-day SOFR + 2.50%), 6.17%, 01/09/30(b)
 
611
638,172
(1-day SOFR + 2.70%), 6.57%, 06/12/29(b)
 
388
405,637
(1-day SOFR + 3.28%), 7.66%, 11/09/31(b)
 
300
336,120
Santander U.K. Group Holdings PLC(b)
 
(1-day SOFR + 1.48%), 2.90%, 03/15/32
 
450
413,729
(1-day SOFR + 2.60%), 6.53%, 01/10/29
 
800
835,099
(1-day SOFR Index + 1.07%), 4.32%, 09/22/29
 
800
801,017
(1-day SOFR Index + 1.52%), 5.69%, 04/15/31
 
550
573,380
(1-day SOFR Index + 1.55%), 4.86%, 09/11/30
 
600
607,353
(1-day SOFR Index + 1.58%), 5.14%, 09/22/36
 
800
793,790
(3-mo. SOFR US + 1.66%), 3.82%, 11/03/28
 
600
596,930
Simmons First National Corp., (3-mo. CME Term
SOFR + 3.02%), 6.25%, 10/01/35(a)(b)
 
100
101,207
Southstate Bank Corp., (3-mo. CME Term SOFR +
3.19%), 7.00%, 06/13/35(b)
 
200
209,736
Standard Chartered Bank, 4.85%, 12/03/27
 
250
255,035
State Street Bank & Trust Co., 4.78%, 11/23/29
 
500
514,236
State Street Corp.
 
4.99%, 03/18/27
 
801
811,007
4.33%, 10/22/27
 
841
848,754
4.54%, 02/28/28
 
834
845,671
2.40%, 01/24/30(a)
 
489
461,374
4.73%, 02/28/30
 
400
409,300
4.83%, 04/24/30
 
500
513,816
2.20%, 03/03/31
 
450
405,300
(1-day SOFR + 0.73%), 2.20%, 02/07/28(b)
 
279
274,215
(1-day SOFR + 0.95%), 4.54%, 04/24/28(b)
 
495
499,101
(1-day SOFR + 1.00%), 2.62%, 02/07/33(a)(b)
 
441
397,967
(1-day SOFR + 1.02%), 4.53%, 02/20/29(b)
 
700
707,894
(1-day SOFR + 1.05%), 4.68%, 10/22/32(b)
 
525
532,448
(1-day SOFR + 1.22%), 5.15%, 02/28/36(b)
 
500
508,544
(1-day SOFR + 1.22%), 4.78%, 10/23/36(b)
 
675
666,399
(1-day SOFR + 1.48%), 5.68%, 11/21/29(b)
 
500
522,541
(1-day SOFR + 1.49%), 3.03%, 11/01/34(b)
 
330
313,199
(1-day SOFR + 1.57%), 4.82%, 01/26/34(b)
 
600
604,994
(1-day SOFR + 1.61%), 4.42%, 05/13/33(b)
 
350
348,124
(1-day SOFR + 1.72%), 5.82%, 11/04/28(b)
 
115
118,756
(1-day SOFR + 1.73%), 4.16%, 08/04/33(b)
 
500
489,245
(1-day SOFR + 1.89%), 5.16%, 05/18/34(a)(b)
 
550
564,896
(1-day SOFR + 1.96%), 6.12%, 11/21/34(b)
 
450
484,430
(1-day SOFR + 2.65%), 3.15%, 03/30/31(b)
 
335
322,671
(3-mo. CME Term SOFR + 1.29%), 4.14%,
12/03/29(b)
 
250
251,351
Sumitomo Mitsui Financial Group, Inc.
 
3.36%, 07/12/27
 
1,177
1,168,988
3.35%, 10/18/27
 
413
409,533
5.52%, 01/13/28
 
1,100
1,132,641
3.54%, 01/17/28
 
309
306,744
5.80%, 07/13/28
 
500
520,549
3.94%, 07/19/28
 
514
514,135
5.72%, 09/14/28
 
400
416,206
1.90%, 09/17/28
 
1,582
1,497,343
4.31%, 10/16/28
 
432
435,369
2.47%, 01/14/29
 
400
381,649
4.11%, 01/15/29
 
490
490,042
5.32%, 07/09/29
 
400
413,998
3.04%, 07/16/29
 
1,640
1,578,981
2.72%, 09/27/29
 
478
453,190
Schedule of Investments
11

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Banks (continued)
Sumitomo Mitsui Financial Group, Inc.(continued)
 
5.71%, 01/13/30
$
700
$ 735,211
2.75%, 01/15/30
 
750
707,639
5.24%, 04/15/30
 
400
413,753
2.13%, 07/08/30
 
1,310
1,193,416
5.85%, 07/13/30
 
500
529,604
2.14%, 09/23/30(a)
 
470
424,841
1.71%, 01/12/31
 
235
206,808
5.42%, 07/09/31
 
600
626,143
2.22%, 09/17/31(a)
 
600
532,201
5.45%, 01/15/32
 
200
208,826
5.77%, 01/13/33
 
1,050
1,113,051
5.78%, 07/13/33
 
500
530,986
5.81%, 09/14/33(a)
 
600
639,646
5.56%, 07/09/34
 
800
836,047
5.63%, 01/15/35
 
600
631,334
(1-day SOFR + 1.02%), 4.49%, 01/15/32(b)
 
600
601,428
(1-day SOFR + 1.19%), 4.66%, 07/08/31(b)
 
500
504,582
(1-day SOFR + 1.22%), 5.05%, 01/15/37(b)
 
755
753,061
(1-day SOFR + 1.38%), 4.95%, 07/08/33(b)
 
500
508,032
(1-day SOFR + 1.50%), 5.25%, 07/08/36(b)
 
500
509,403
Synchrony Bank, 5.63%, 08/23/27
 
500
509,414
Synovus Financial Corp., (1-day SOFR + 2.35%),
6.17%, 11/01/30(b)
 
334
348,029
Toronto-Dominion Bank
 
2.80%, 03/10/27
 
637
629,788
4.98%, 04/05/27
 
275
278,465
4.11%, 06/08/27
 
816
818,234
4.69%, 09/15/27
 
674
682,204
5.16%, 01/10/28
 
1,350
1,380,579
3.91%, 01/13/28
 
150
150,041
4.86%, 01/31/28
 
998
1,014,819
4.57%, 06/02/28
 
650
658,380
5.52%, 07/17/28
 
747
773,860
4.11%, 10/13/28
 
425
425,866
4.99%, 04/05/29
 
605
620,991
4.78%, 12/17/29
 
550
563,302
4.81%, 06/03/30
 
650
663,243
4.41%, 01/13/31
 
150
150,416
2.00%, 09/10/31(a)
 
595
531,011
2.45%, 01/12/32
 
413
370,303
5.30%, 01/30/32
 
500
521,540
3.20%, 03/10/32
 
1,015
945,962
4.46%, 06/08/32(a)
 
1,432
1,430,614
4.93%, 10/15/35
 
725
722,872
(5-year CMT + 1.50%), 5.15%, 09/10/34(b)
 
650
661,080
Truist Bank
 
Series BKNT, 2.25%, 03/11/30
 
761
696,683
Series BKNT, Class BN, (1-day SOFR + 0.77%),
4.42%, 07/24/28(b)
 
1,135
1,141,258
Series BKNT, Class BN, (1-day SOFR + 0.91%),
4.14%, 10/23/29(b)
 
800
799,320
Series I, Class BN, (1-day SOFR + 0.66%), 4.14%,
01/27/29(b)
 
795
795,864
Truist Financial Corp.
 
1.13%, 08/03/27(a)
 
435
417,649
3.88%, 03/19/29
 
330
326,695
1.95%, 06/05/30
 
535
486,407
(1-day SOFR + 0.86%), 1.89%, 06/07/29(b)
 
529
503,336
(1-day SOFR + 0.97%), 4.60%, 01/27/32(b)
 
760
761,971
(1-day SOFR + 1.31%), 5.07%, 05/20/31(b)
 
700
717,370
(1-day SOFR + 1.37%), 4.12%, 06/06/28(a)(b)
 
123
123,272
(1-day SOFR + 1.40%), 4.96%, 10/23/36(a)(b)
 
825
812,028
Security
 
Par
(000)
Value
Banks (continued)
Truist Financial Corp.(continued)
 
(1-day SOFR + 1.44%), 4.87%, 01/26/29(a)(b)
$
1,054
$ 1,070,340
(1-day SOFR + 1.57%), 5.15%, 08/05/32(b)
 
625
643,700
(1-day SOFR + 1.62%), 5.44%, 01/24/30(b)
 
899
930,479
(1-day SOFR + 1.85%), 5.12%, 01/26/34(b)
 
999
1,013,344
(1-day SOFR + 1.92%), 5.71%, 01/24/35(a)(b)
 
1,248
1,306,466
(1-day SOFR + 2.24%), 4.92%, 07/28/33(b)
 
702
703,896
(1-day SOFR + 2.30%), 6.12%, 10/28/33(a)(b)
 
500
538,524
(1-day SOFR + 2.36%), 5.87%, 06/08/34(b)
 
1,165
1,233,433
(1-day SOFR + 2.45%), 7.16%, 10/30/29(b)
 
1,035
1,114,058
U.S. Bancorp
 
3.90%, 04/26/28
 
965
966,662
3.00%, 07/30/29
 
634
611,153
1.38%, 07/22/30
 
969
857,678
(1-day SOFR + 0.87%), 4.48%, 01/26/32(b)
 
525
525,991
(1-day SOFR + 1.02%), 2.68%, 01/27/33(b)
 
413
372,064
(1-day SOFR + 1.06%), 5.05%, 02/12/31(b)
 
605
620,970
(1-day SOFR + 1.10%), 5.03%, 01/26/37(b)
 
525
524,393
(1-day SOFR + 1.23%), 4.65%, 02/01/29(b)
 
847
857,141
(1-day SOFR + 1.25%), 5.10%, 07/23/30(b)
 
810
833,758
(1-day SOFR + 1.30%), 5.08%, 05/15/31(b)
 
750
771,042
(1-day SOFR + 1.41%), 5.42%, 02/12/36(a)(b)
 
840
869,003
(1-day SOFR + 1.56%), 5.38%, 01/23/30(b)
 
1,018
1,053,308
(1-day SOFR + 1.60%), 4.84%, 02/01/34(b)
 
1,200
1,204,271
(1-day SOFR + 1.66%), 4.55%, 07/22/28(b)
 
760
766,119
(1-day SOFR + 1.86%), 5.68%, 01/23/35(b)
 
1,224
1,283,356
(1-day SOFR + 2.02%), 5.78%, 06/12/29(b)
 
1,045
1,084,702
(1-day SOFR + 2.09%), 5.85%, 10/21/33(b)
 
1,162
1,240,735
(1-day SOFR + 2.11%), 4.97%, 07/22/33(b)
 
875
881,487
(1-day SOFR + 2.26%), 5.84%, 06/12/34(b)
 
933
988,344
(5-year CMT + 0.95%), 2.49%, 11/03/36(b)
 
1,007
881,396
Series X, 3.15%, 04/27/27
 
783
777,456
U.S. Bank NA, (1-day SOFR + 0.91%), 4.73%,
05/15/28(b)
 
750
757,158
UBS AG
 
5.00%, 07/09/27
 
400
406,936
5.65%, 09/11/28
 
1,000
1,043,081
Wachovia Corp., 5.50%, 08/01/35
 
250
256,537
Webster Financial Corp., 4.10%, 03/25/29
 
200
198,190
Wells Fargo & Co.
 
4.30%, 07/22/27
 
1,667
1,674,712
4.15%, 01/24/29
 
1,374
1,379,981
(1-day SOFR + 0.74%), 4.18%, 01/23/30(b)
 
1,170
1,170,753
(1-day SOFR + 0.88%), 4.08%, 09/15/29(a)(b)
 
1,675
1,672,897
(1-day SOFR + 1.07%), 5.71%, 04/22/28(b)
 
1,880
1,917,847
(1-day SOFR + 1.10%), 4.96%, 01/23/37(b)
 
1,950
1,934,298
(1-day SOFR + 1.11%), 5.24%, 01/24/31(b)
 
2,091
2,159,752
(1-day SOFR + 1.34%), 4.89%, 09/15/36(b)
 
1,675
1,657,244
(1-day SOFR + 1.37%), 4.97%, 04/23/29(b)
 
2,000
2,037,548
(1-day SOFR + 1.38%), 5.21%, 12/03/35(b)
 
1,650
1,673,220
(1-day SOFR + 1.50%), 5.20%, 01/23/30(b)
 
1,720
1,771,167
(1-day SOFR + 1.50%), 5.15%, 04/23/31(b)
 
2,375
2,445,775
(1-day SOFR + 1.50%), 3.35%, 03/02/33(b)
 
2,463
2,295,509
(1-day SOFR + 1.51%), 3.53%, 03/24/28(b)
 
2,167
2,155,277
(1-day SOFR + 1.74%), 5.57%, 07/25/29(b)
 
2,394
2,477,073
(1-day SOFR + 1.74%), 5.61%, 04/23/36(b)
 
1,795
1,870,103
(1-day SOFR + 1.78%), 5.50%, 01/23/35(b)
 
1,965
2,037,572
(1-day SOFR + 1.79%), 6.30%, 10/23/29(b)
 
1,571
1,658,711
(1-day SOFR + 1.98%), 4.81%, 07/25/28(b)
 
2,045
2,068,164
(1-day SOFR + 1.99%), 5.56%, 07/25/34(b)
 
2,556
2,664,338
(1-day SOFR + 2.02%), 5.39%, 04/24/34(b)
 
2,335
2,413,743
(1-day SOFR + 2.06%), 6.49%, 10/23/34(b)
 
1,966
2,162,988
(1-day SOFR + 2.10%), 2.39%, 06/02/28(b)
 
2,045
2,002,165
12

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Banks (continued)
Wells Fargo & Co.(continued)
 
(1-day SOFR + 2.10%), 4.90%, 07/25/33(b)
$
2,873
$ 2,906,902
(3-mo. CME Term SOFR + 1.26%), 2.57%,
02/11/31(b)
 
1,943
1,814,891
(3-mo. CME Term SOFR + 1.43%), 2.88%,
10/30/30(b)
 
2,209
2,103,673
(3-mo. CME Term SOFR + 1.57%), 3.58%,
05/22/28(b)
 
2,143
2,131,204
(3-mo. CME Term SOFR + 4.03%), 4.48%,
04/04/31(b)
 
1,559
1,565,816
Westpac Banking Corp.
 
3.35%, 03/08/27
 
500
497,882
4.04%, 08/26/27
 
600
603,093
5.46%, 11/18/27
 
854
878,774
3.40%, 01/25/28
 
935
928,371
5.54%, 11/17/28
 
820
856,133
1.95%, 11/20/28
 
779
740,778
5.05%, 04/16/29
 
500
517,254
2.65%, 01/16/30
 
571
541,455
4.35%, 07/01/30
 
550
554,178
2.15%, 06/03/31
 
536
483,724
6.82%, 11/17/33
 
428
477,321
(1-year CMT + 1.20%), 5.62%, 11/20/35(b)
 
950
981,465
(1-year CMT + 2.68%), 5.41%, 08/10/33(b)
 
550
567,377
(5-year CMT + 1.53%), 3.02%, 11/18/36(b)
 
820
742,121
(5-year CMT + 1.75%), 2.67%, 11/15/35(b)
 
957
868,591
(5-year CMT + 2.00%), 4.11%, 07/24/34(b)
 
740
729,215
Wintrust Financial Corp., 4.85%, 06/06/29
 
150
149,627
Zions Bancorp NA
 
3.25%, 10/29/29
 
261
246,434
(1-day SOFR + 1.16%), 4.70%, 08/18/28(b)
 
250
250,960
(1-day SOFR + 2.83%), 6.82%, 11/19/35(b)
 
250
265,024
 
 
950,569,252
Beverages — 1.2%
Anheuser-Busch InBev Worldwide, Inc.
 
4.75%, 01/23/29
 
2,067
2,109,613
3.50%, 06/01/30
 
1,311
1,280,758
4.90%, 01/23/31
 
400
413,276
5.00%, 06/15/34
 
863
887,837
5.88%, 06/15/35
 
200
216,264
Brown-Forman Corp., 4.75%, 04/15/33(a)
 
400
404,627
Coca-Cola Co.
 
3.38%, 03/25/27
 
672
670,223
2.90%, 05/25/27
 
163
161,529
1.45%, 06/01/27
 
900
875,250
1.50%, 03/05/28(a)
 
429
410,647
1.00%, 03/15/28
 
676
639,678
2.13%, 09/06/29
 
729
687,735
3.45%, 03/25/30
 
745
729,852
1.65%, 06/01/30
 
876
793,886
2.00%, 03/05/31
 
462
418,505
1.38%, 03/15/31
 
912
799,553
2.25%, 01/05/32
 
1,233
1,110,719
5.00%, 05/13/34
 
466
483,715
4.65%, 08/14/34(a)
 
637
647,684
Coca-Cola Consolidated, Inc.
 
5.25%, 06/01/29
 
300
309,708
5.45%, 06/01/34
 
300
312,531
Coca-Cola Femsa SAB de CV
 
2.75%, 01/22/30
 
705
666,189
1.85%, 09/01/32
 
332
280,427
Security
 
Par
(000)
Value
Beverages (continued)
Coca-Cola Femsa SAB de CV(continued)
 
5.10%, 05/06/35
$
350
$ 353,698
Constellation Brands, Inc.
 
3.50%, 05/09/27
 
179
177,925
4.35%, 05/09/27
 
400
401,491
3.60%, 02/15/28
 
450
446,607
4.65%, 11/15/28
 
250
253,257
4.80%, 01/15/29
 
175
177,984
3.15%, 08/01/29
 
829
800,567
2.88%, 05/01/30
 
379
357,719
4.80%, 05/01/30(a)
 
325
330,531
2.25%, 08/01/31(a)
 
652
579,972
4.75%, 05/09/32
 
330
332,158
4.90%, 05/01/33
 
440
442,174
4.95%, 11/01/35(a)
 
350
345,732
Diageo Capital PLC
 
5.30%, 10/24/27
 
500
511,978
3.88%, 05/18/28
 
478
478,023
2.38%, 10/24/29
 
766
721,450
2.00%, 04/29/30
 
678
620,438
2.13%, 04/29/32
 
478
416,316
5.50%, 01/24/33
 
500
525,158
5.63%, 10/05/33
 
600
635,051
Diageo Investment Corp.
 
5.13%, 08/15/30
 
600
620,752
5.63%, 04/15/35
 
500
526,732
Keurig Dr. Pepper, Inc.
 
5.10%, 03/15/27
 
543
548,854
3.43%, 06/15/27
 
314
311,456
4.35%, 05/15/28
 
250
251,056
4.60%, 05/25/28(a)
 
702
707,916
5.05%, 03/15/29
 
543
554,458
3.95%, 04/15/29
 
632
626,126
3.20%, 05/01/30
 
413
392,641
4.60%, 05/15/30
 
250
251,060
4.05%, 04/15/32
 
615
592,290
5.30%, 03/15/34
 
325
330,406
5.15%, 05/15/35(a)
 
450
449,579
Series 10, 5.20%, 03/15/31
 
225
231,052
Series 31, 2.25%, 03/15/31
 
213
190,538
Pepsico Singapore Financing I Pte. Ltd.
 
4.65%, 02/16/27
 
225
226,839
4.55%, 02/16/29
 
225
228,786
4.70%, 02/16/34
 
325
326,651
PepsiCo, Inc.
 
4.40%, 02/07/27
 
100
100,640
2.63%, 03/19/27
 
256
252,878
3.00%, 10/15/27
 
963
953,441
4.45%, 02/07/28
 
300
304,198
3.60%, 02/18/28
 
445
444,078
4.45%, 05/15/28
 
456
463,101
4.10%, 01/15/29
 
575
579,229
7.00%, 03/01/29
 
150
163,159
4.50%, 07/17/29
 
425
433,344
2.63%, 07/29/29
 
729
697,137
4.60%, 02/07/30
 
700
715,016
2.75%, 03/19/30
 
1,025
974,830
1.63%, 05/01/30
 
646
585,542
4.30%, 07/23/30
 
435
439,263
1.40%, 02/25/31
 
464
407,241
1.95%, 10/21/31
 
816
724,866
3.90%, 07/18/32
 
837
821,137
Schedule of Investments
13

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Beverages (continued)
PepsiCo, Inc.(continued)
 
4.65%, 07/23/32
$
375
$ 381,971
4.45%, 02/15/33
 
550
557,507
4.80%, 07/17/34
 
425
432,768
5.00%, 02/07/35
 
854
874,911
5.00%, 07/23/35
 
775
788,081
 
 
43,679,965
Biotechnology — 0.7%
Amgen, Inc.
 
2.20%, 02/21/27
 
1,148
1,128,315
3.20%, 11/02/27
 
865
855,672
5.15%, 03/02/28
 
1,999
2,046,108
1.65%, 08/15/28
 
1,200
1,134,991
3.00%, 02/22/29
 
300
291,265
4.05%, 08/18/29
 
942
941,651
2.45%, 02/21/30
 
902
843,393
5.25%, 03/02/30
 
1,832
1,901,065
2.30%, 02/25/31
 
902
819,757
2.00%, 01/15/32
 
760
663,474
3.35%, 02/22/32
 
666
627,024
4.20%, 03/01/33
 
600
584,742
5.25%, 03/02/33
 
2,258
2,336,034
Biogen, Inc.
 
2.25%, 05/01/30
 
1,007
925,684
5.05%, 01/15/31
 
120
123,485
5.75%, 05/15/35
 
415
435,635
Bio-Rad Laboratories, Inc.
 
3.30%, 03/15/27
 
250
248,103
3.70%, 03/15/32
 
577
544,807
Gilead Sciences, Inc.
 
2.95%, 03/01/27
 
863
855,697
1.20%, 10/01/27
 
475
455,838
4.80%, 11/15/29
 
380
390,323
1.65%, 10/01/30
 
821
735,534
5.25%, 10/15/33
 
665
695,829
5.10%, 06/15/35
 
704
720,335
4.60%, 09/01/35
 
600
591,864
Illumina, Inc.
 
5.75%, 12/13/27
 
200
205,890
4.75%, 12/12/30
 
225
227,295
2.55%, 03/23/31
 
395
358,851
Regeneron Pharmaceuticals, Inc., 1.75%, 09/15/30
 
670
599,613
Royalty Pharma PLC
 
1.75%, 09/02/27
 
643
620,597
5.15%, 09/02/29
 
300
308,956
2.20%, 09/02/30
 
1,059
962,752
4.45%, 03/25/31
 
450
449,050
2.15%, 09/02/31(a)
 
286
252,623
5.40%, 09/02/34
 
300
306,976
5.20%, 09/25/35
 
550
552,895
 
 
25,742,123
Broadline Retail — 0.0%
TJX Cos., Inc.
 
1.15%, 05/15/28
 
350
329,792
3.88%, 04/15/30
 
350
348,075
1.60%, 05/15/31
 
350
307,226
 
 
985,093
Building Materials — 0.6%
Amrize Finance U.S. LLC
 
4.60%, 04/07/27
 
125
125,831
Security
 
Par
(000)
Value
Building Materials (continued)
Amrize Finance U.S. LLC(continued)
 
4.70%, 04/07/28
$
425
$ 430,864
4.95%, 04/07/30
 
898
919,263
5.40%, 04/07/35
 
595
615,784
Carlisle Cos., Inc.
 
3.75%, 12/01/27(a)
 
400
398,512
2.75%, 03/01/30
 
599
565,919
2.20%, 03/01/32
 
325
284,382
5.25%, 09/15/35
 
320
325,426
Carrier Global Corp.
 
2.49%, 02/15/27
 
542
534,552
2.72%, 02/15/30
 
1,287
1,212,758
2.70%, 02/15/31
 
506
469,115
5.90%, 03/15/34
 
576
616,554
CRH America Finance, Inc.
 
4.40%, 02/09/31
 
500
500,219
5.40%, 05/21/34(a)
 
500
516,957
5.50%, 01/09/35
 
650
675,865
5.00%, 02/09/36
 
500
499,197
CRH SMW Finance DAC
 
5.20%, 05/21/29
 
600
619,379
5.13%, 01/09/30
 
650
669,848
Eagle Materials, Inc.
 
2.50%, 07/01/31
 
403
365,413
5.00%, 03/15/36
 
100
97,967
Fortune Brands Innovations, Inc.
 
3.25%, 09/15/29
 
413
398,768
4.00%, 03/25/32
 
479
459,622
5.88%, 06/01/33(a)
 
186
196,603
Johnson Controls International PLC/Tyco Fire &
Security Finance SCA
 
5.50%, 04/19/29
 
300
312,637
1.75%, 09/15/30
 
411
367,398
2.00%, 09/16/31
 
351
309,566
4.90%, 12/01/32
 
475
482,886
Lennox International, Inc., 5.50%, 09/15/28
 
254
262,211
Martin Marietta Materials, Inc.
 
3.45%, 06/01/27
 
163
162,075
3.50%, 12/15/27
 
300
297,779
2.50%, 03/15/30
 
179
167,028
2.40%, 07/15/31
 
561
506,039
5.15%, 12/01/34
 
507
516,667
Masco Corp.
 
1.50%, 02/15/28
 
300
285,327
2.00%, 10/01/30
 
109
97,641
2.00%, 02/15/31
 
413
365,644
Mohawk Industries, Inc.
 
5.85%, 09/18/28
 
250
260,717
3.63%, 05/15/30
 
425
413,407
Owens Corning
 
5.50%, 06/15/27
 
299
304,770
3.95%, 08/15/29
 
270
268,123
3.50%, 02/15/30
 
290
281,685
3.88%, 06/01/30
 
225
220,534
5.70%, 06/15/34(a)
 
422
443,472
Trane Technologies Financing Ltd.
 
3.80%, 03/21/29
 
560
557,878
5.25%, 03/03/33
 
400
415,955
5.10%, 06/13/34
 
255
261,086
Trane Technologies Holdco, Inc., 3.75%, 08/21/28
 
300
299,898
Vulcan Materials Co.
 
3.90%, 04/01/27
 
129
129,012
14

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Building Materials (continued)
Vulcan Materials Co.(continued)
 
4.95%, 12/01/29
$
325
$ 333,380
3.50%, 06/01/30
 
400
387,510
5.35%, 12/01/34
 
425
438,838
 
 
20,647,961
Building Products — 0.7%
Ferguson Enterprises, Inc.
 
4.35%, 03/15/31
 
300
298,873
5.00%, 10/03/34
 
500
501,803
Home Depot, Inc.
 
2.50%, 04/15/27
 
460
453,520
2.88%, 04/15/27
 
525
519,973
4.88%, 06/25/27
 
245
248,894
2.80%, 09/14/27
 
671
661,509
0.90%, 03/15/28
 
408
385,248
1.50%, 09/15/28
 
555
524,488
3.75%, 09/15/28
 
190
190,030
3.90%, 12/06/28
 
600
602,044
4.90%, 04/15/29
 
250
257,103
2.95%, 06/15/29
 
1,226
1,188,891
4.75%, 06/25/29
 
853
874,267
2.70%, 04/15/30
 
1,051
994,924
3.95%, 09/15/30(a)
 
235
233,760
1.38%, 03/15/31
 
775
673,684
4.85%, 06/25/31
 
595
614,871
1.88%, 09/15/31
 
671
592,044
3.25%, 04/15/32
 
734
691,371
4.50%, 09/15/32
 
944
954,509
4.95%, 06/25/34
 
1,185
1,208,236
4.65%, 09/15/35
 
650
642,182
Lowes Cos., Inc.
 
3.35%, 04/01/27
 
628
624,243
3.10%, 05/03/27
 
1,056
1,046,168
3.95%, 10/15/27
 
600
601,334
1.30%, 04/15/28
 
899
849,565
1.70%, 09/15/28(a)
 
652
615,166
4.00%, 10/15/28
 
600
600,639
6.50%, 03/15/29
 
260
278,369
3.65%, 04/05/29(a)
 
913
901,819
4.50%, 04/15/30
 
829
838,809
1.70%, 10/15/30
 
941
837,431
4.25%, 03/15/31
 
700
696,862
2.63%, 04/01/31
 
1,129
1,038,005
3.75%, 04/01/32
 
929
891,532
4.50%, 10/15/32
 
850
846,367
5.00%, 04/15/33
 
850
868,703
5.15%, 07/01/33(a)
 
552
568,128
4.85%, 10/15/35
 
750
744,152
 
 
26,159,516
Capital Markets — 1.0%
Apollo Debt Solutions BDC
 
5.20%, 12/08/28(d)
 
250
250,032
6.90%, 04/13/29
 
600
626,113
5.88%, 08/30/30
 
300
302,261
5.70%, 01/23/31(d)
 
475
472,317
6.70%, 07/29/31(a)
 
640
667,299
6.55%, 03/15/32
 
355
366,171
Ares Capital Corp.
 
2.88%, 06/15/27
 
179
175,608
2.88%, 06/15/28
 
768
737,237
5.88%, 03/01/29
 
550
564,013
Security
 
Par
(000)
Value
Capital Markets (continued)
Ares Capital Corp.(continued)
 
5.95%, 07/15/29
$
565
$ 580,552
5.25%, 04/12/31
 
450
442,864
3.20%, 11/15/31
 
563
499,076
5.80%, 03/08/32
 
625
629,171
ARES Capital Corp.
 
5.50%, 09/01/30
 
615
618,316
5.10%, 01/15/31
 
375
368,533
Bain Capital Specialty Finance, Inc.
 
5.95%, 03/15/30(a)
 
250
249,991
5.95%, 03/01/31
 
200
196,570
Barings BDC, Inc.
 
5.20%, 09/15/28
 
200
199,291
7.00%, 02/15/29(a)
 
250
258,182
Barings Private Credit Corp., 6.15%, 06/11/30(d)
 
250
248,375
Blackstone Private Credit Fund
 
3.25%, 03/15/27
 
532
524,019
4.95%, 09/26/27
 
250
251,340
7.30%, 11/27/28
 
450
475,979
4.00%, 01/15/29
 
393
381,599
5.95%, 07/16/29
 
575
584,865
5.60%, 11/22/29
 
300
301,839
5.25%, 04/01/30
 
250
246,977
5.05%, 09/10/30
 
300
293,847
6.25%, 01/25/31
 
300
305,531
5.35%, 03/12/31
 
450
439,528
6.00%, 01/29/32
 
650
651,675
6.00%, 11/22/34(a)
 
550
546,115
Blackstone Secured Lending Fund
 
2.13%, 02/15/27
 
400
390,469
5.88%, 11/15/27
 
175
178,485
5.35%, 04/13/28
 
450
454,037
2.85%, 09/30/28
 
390
369,022
5.30%, 06/30/30
 
375
372,061
5.13%, 01/31/31
 
350
342,460
Blue Owl Capital Corp.
 
3.13%, 04/13/27
 
130
127,285
2.88%, 06/11/28
 
526
498,523
5.95%, 03/15/29
 
758
766,119
6.20%, 07/15/30
 
280
282,636
Blue Owl Credit Income Corp.
 
4.70%, 02/08/27
 
252
251,587
7.75%, 09/16/27
 
600
623,915
7.95%, 06/13/28
 
398
420,441
7.75%, 01/15/29
 
352
373,229
6.60%, 09/15/29
 
600
617,467
5.80%, 03/15/30
 
625
619,762
6.65%, 03/15/31
 
470
480,946
Blue Owl Technology Finance Corp.
 
6.10%, 03/15/28(a)
 
465
471,566
6.75%, 04/04/29(a)
 
400
410,532
6.13%, 01/23/31
 
250
246,081
Capital Southwest Corp., 5.95%, 09/18/30
 
250
250,068
Carlyle Secured Lending, Inc.
 
6.75%, 02/18/30
 
150
153,814
5.75%, 02/15/31
 
250
245,759
Franklin BSP Capital Corp.
 
7.20%, 06/15/29
 
200
207,318
6.00%, 10/02/30(a)(d)
 
200
196,436
FS KKR Capital Corp.
 
3.25%, 07/15/27
 
413
400,077
3.13%, 10/12/28
 
431
398,204
Schedule of Investments
15

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Capital Markets (continued)
FS KKR Capital Corp.(continued)
 
7.88%, 01/15/29
$
250
$ 258,944
6.88%, 08/15/29(a)
 
372
374,621
6.13%, 01/15/30(a)
 
400
390,768
6.13%, 01/15/31(a)
 
350
338,851
Goldman Sachs BDC, Inc.
 
6.38%, 03/11/27
 
100
101,887
5.10%, 01/28/29
 
250
248,257
5.65%, 09/09/30(a)
 
325
324,405
Goldman Sachs Private Credit Corp.(d)
 
5.88%, 05/06/28(a)
 
225
229,262
5.38%, 01/31/29
 
450
450,636
6.25%, 05/06/30(a)
 
475
483,471
5.88%, 01/31/31
 
300
297,266
Golub Capital BDC, Inc.
 
2.05%, 02/15/27(a)
 
245
238,852
7.05%, 12/05/28
 
325
341,980
6.00%, 07/15/29
 
502
513,821
Golub Capital Private Credit Fund
 
5.45%, 08/15/28
 
395
397,679
5.80%, 09/12/29
 
300
304,202
5.88%, 05/01/30
 
302
305,655
5.60%, 04/15/31(d)
 
325
320,800
HA Sustainable Infrastructure Capital, Inc.
 
6.15%, 01/15/31
 
275
281,975
6.38%, 07/01/34
 
645
658,496
6.75%, 07/15/35
 
275
287,947
Main Street Capital Corp.
 
6.50%, 06/04/27
 
175
178,637
5.40%, 08/15/28
 
300
301,752
6.95%, 03/01/29(a)
 
225
234,933
Morgan Stanley Direct Lending Fund(a)
 
6.15%, 05/17/29
 
250
257,799
6.00%, 05/19/30
 
250
254,457
MSD Investment Corp.(d)
 
6.25%, 05/31/30
 
325
325,562
6.13%, 02/05/31(a)
 
250
248,759
New Mountain Finance Corp.
 
6.20%, 10/15/27
 
200
202,415
6.88%, 02/01/29(a)
 
250
254,749
North Haven Private Income Fund LLC
 
5.13%, 09/25/28(d)
 
200
199,333
5.75%, 02/01/30(a)
 
200
199,119
Nuveen Churchill Direct Lending Corp., 6.65%,
03/15/30
 
200
204,776
Oaktree Specialty Lending Corp.
 
7.10%, 02/15/29
 
200
206,682
6.34%, 02/27/30(a)
 
245
244,066
Sixth Street Lending Partners
 
6.50%, 03/11/29
 
426
442,261
5.75%, 01/15/30(a)
 
350
353,684
6.13%, 07/15/30
 
500
511,640
Sixth Street Specialty Lending, Inc.
 
6.95%, 08/14/28
 
250
262,077
6.13%, 03/01/29
 
200
205,747
5.63%, 08/15/30(a)
 
190
191,740
 
 
36,033,548
Chemicals — 0.8%
Air Products and Chemicals, Inc.
 
1.85%, 05/15/27
 
342
334,022
4.30%, 06/11/28
 
400
403,862
Security
 
Par
(000)
Value
Chemicals (continued)
Air Products and Chemicals, Inc.(continued)
 
4.60%, 02/08/29
$
450
$ 458,285
2.05%, 05/15/30
 
623
573,660
4.75%, 02/08/31(a)
 
386
395,571
4.90%, 10/11/32(a)
 
300
307,926
4.80%, 03/03/33
 
300
305,056
4.85%, 02/08/34(a)
 
672
682,879
Albemarle Corp.(a)
 
4.65%, 06/01/27
 
400
402,643
5.05%, 06/01/32
 
400
405,405
Cabot Corp.
 
4.00%, 07/01/29
 
93
92,204
5.00%, 06/30/32
 
400
405,503
CF Industries, Inc.
 
5.15%, 03/15/34
 
542
544,920
5.30%, 11/26/35
 
675
674,903
Dow Chemical Co.
 
4.80%, 11/30/28(a)
 
375
381,464
7.38%, 11/01/29
 
358
394,616
2.10%, 11/15/30
 
550
488,174
4.80%, 01/15/31
 
500
498,207
6.30%, 03/15/33(a)
 
262
278,026
5.15%, 02/15/34(a)
 
400
396,564
4.25%, 10/01/34(a)
 
350
320,148
5.35%, 03/15/35
 
325
320,678
DuPont de Nemours, Inc., 4.73%, 11/15/28(d)
 
558
565,349
Eastman Chemical Co.
 
4.50%, 12/01/28
 
179
180,745
5.00%, 08/01/29
 
615
628,189
5.75%, 03/08/33(a)
 
360
376,881
5.63%, 02/20/34
 
510
526,075
Ecolab, Inc.
 
1.65%, 02/01/27
 
270
264,521
3.25%, 12/01/27
 
329
326,732
5.25%, 01/15/28
 
304
312,208
4.30%, 06/15/28
 
354
357,556
4.80%, 03/24/30
 
413
423,363
1.30%, 01/30/31(a)
 
490
426,518
2.13%, 02/01/32
 
329
290,930
5.00%, 09/01/35(a)
 
305
310,819
EIDP, Inc.
 
2.30%, 07/15/30
 
374
346,138
5.13%, 05/15/32
 
300
308,830
4.80%, 05/15/33(a)
 
350
349,803
International Flavors & Fragrances, Inc., 4.45%,
09/26/28
 
263
264,200
Linde, Inc., 1.10%, 08/10/30
 
383
336,502
Lubrizol Corp., 6.50%, 10/01/34
 
100
112,708
LYB International Finance II BV, 3.50%, 03/02/27
 
380
378,052
LYB International Finance III LLC
 
2.25%, 10/01/30
 
384
342,681
5.13%, 01/15/31(a)
 
310
311,521
5.63%, 05/15/33
 
420
422,800
5.50%, 03/01/34(a)
 
425
419,668
6.15%, 05/15/35(a)
 
300
305,925
5.88%, 01/15/36(a)
 
640
632,684
Mosaic Co.
 
4.05%, 11/15/27(a)
 
419
419,243
5.38%, 11/15/28(a)
 
200
206,361
4.35%, 01/15/29
 
315
316,047
4.60%, 11/15/30(a)
 
270
270,722
5.45%, 11/15/33(a)
 
272
279,499
16

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Chemicals (continued)
NewMarket Corp., 2.70%, 03/18/31
$
294
$ 269,210
Nutrien Ltd.
 
4.50%, 03/12/27
 
275
276,479
5.20%, 06/21/27
 
300
304,657
4.90%, 03/27/28
 
460
467,987
4.20%, 04/01/29
 
500
499,967
2.95%, 05/13/30
 
279
263,967
5.25%, 03/12/32
 
400
413,929
5.40%, 06/21/34
 
400
411,966
4.13%, 03/15/35
 
284
262,789
PPG Industries, Inc.
 
3.75%, 03/15/28
 
400
398,995
2.80%, 08/15/29
 
129
123,524
2.55%, 06/15/30
 
300
279,834
4.38%, 03/15/31
 
300
298,954
RPM International, Inc.
 
3.75%, 03/15/27
 
330
328,810
4.55%, 03/01/29
 
290
293,424
2.95%, 01/15/32
 
159
145,248
Sherwin-Williams Co.
 
3.45%, 06/01/27
 
1,045
1,038,721
4.55%, 03/01/28
 
400
405,082
4.30%, 08/15/28
 
300
302,121
2.95%, 08/15/29
 
512
492,291
2.30%, 05/15/30
 
350
322,704
4.50%, 08/15/30(a)
 
300
302,611
4.80%, 09/01/31
 
150
153,233
2.20%, 03/15/32
 
411
360,641
5.15%, 08/15/35(a)
 
300
304,567
Westlake Corp.(a)
 
3.38%, 06/15/30
 
225
215,454
5.55%, 11/15/35
 
375
373,525
 
 
29,388,676
Commercial Services & Supplies — 1.1%
Automatic Data Processing, Inc.
 
1.70%, 05/15/28
 
574
549,433
1.25%, 09/01/30
 
705
623,362
4.75%, 05/08/32
 
450
460,669
4.45%, 09/09/34
 
843
836,051
Block Financial LLC
 
2.50%, 07/15/28(a)
 
273
261,602
3.88%, 08/15/30
 
479
461,423
5.38%, 09/15/32
 
200
200,754
Cintas Corp. No. 2
 
3.70%, 04/01/27
 
547
545,942
4.20%, 05/01/28
 
275
276,634
4.00%, 05/01/32
 
350
342,431
Cornell University
 
4.84%, 06/15/34
 
350
354,728
Series 2025, 4.17%, 06/15/30
 
235
235,662
Series 2025, 4.73%, 06/15/35
 
250
250,258
Emory University, Series 2020, 2.14%, 09/01/30(a)
 
250
228,676
Equifax, Inc.
 
5.10%, 12/15/27
 
300
305,529
5.10%, 06/01/28
 
524
535,188
4.80%, 09/15/29
 
324
329,227
3.10%, 05/15/30
 
354
335,672
2.35%, 09/15/31
 
617
550,447
GATX Corp.
 
5.40%, 03/15/27
 
205
207,876
3.85%, 03/30/27
 
413
412,270
Security
 
Par
(000)
Value
Commercial Services & Supplies (continued)
GATX Corp.(continued)
 
3.50%, 03/15/28
$
200
$ 197,546
4.55%, 11/07/28
 
200
202,170
4.70%, 04/01/29
 
379
383,524
4.00%, 06/30/30
 
350
343,465
1.90%, 06/01/31
 
259
227,152
3.50%, 06/01/32
 
250
233,308
4.90%, 03/15/33
 
215
215,052
5.45%, 09/15/33
 
300
309,719
6.05%, 03/15/34
 
400
427,118
6.90%, 05/01/34
 
250
279,650
5.50%, 06/15/35
 
310
317,427
Global Payments, Inc.
 
4.95%, 08/15/27
 
275
278,192
4.45%, 06/01/28
 
350
351,412
4.50%, 11/15/28
 
1,025
1,029,387
3.20%, 08/15/29
 
777
742,558
5.30%, 08/15/29
 
520
532,411
2.90%, 05/15/30
 
504
468,271
4.88%, 11/15/30
 
1,035
1,034,917
2.90%, 11/15/31
 
625
560,474
5.40%, 08/15/32
 
285
289,095
5.20%, 11/15/32
 
650
650,537
5.55%, 11/15/35
 
1,125
1,115,250
J Paul Getty Trust, 4.91%, 04/01/35
 
325
330,429
Johns Hopkins University, Series A, 4.71%, 07/01/32
 
125
127,778
Leland Stanford Junior University(a)
 
1.29%, 06/01/27
 
50
48,416
4.68%, 03/01/35
 
300
301,158
Series 2025, 4.15%, 08/01/30
 
500
501,948
Moodys Corp.
 
3.25%, 01/15/28
 
196
193,532
4.25%, 02/01/29
 
129
130,070
2.00%, 08/19/31(a)
 
592
526,456
4.25%, 08/08/32
 
350
346,033
5.00%, 08/05/34
 
225
228,577
PayPal Holdings, Inc.
 
3.90%, 06/01/27
 
250
250,475
4.45%, 03/06/28
 
280
283,024
2.85%, 10/01/29
 
1,054
1,010,519
2.30%, 06/01/30
 
652
603,835
4.40%, 06/01/32
 
770
767,691
5.15%, 06/01/34
 
673
686,527
5.10%, 04/01/35
 
250
253,077
President and Fellows of Harvard College(a)
 
4.89%, 03/15/30
 
400
412,340
4.61%, 02/15/35
 
200
201,496
Quanta Services, Inc.
 
4.75%, 08/09/27
 
325
328,912
4.30%, 08/09/28
 
225
226,196
2.90%, 10/01/30
 
537
503,689
4.50%, 01/15/31
 
225
225,090
2.35%, 01/15/32
 
400
353,675
5.25%, 08/09/34
 
425
434,800
5.10%, 08/09/35
 
325
324,750
RELX Capital, Inc.
 
4.00%, 03/18/29
 
697
695,112
4.75%, 03/27/30
 
522
531,679
3.00%, 05/22/30
 
450
427,946
4.75%, 05/20/32
 
210
212,959
5.25%, 03/27/35
 
575
590,347
Schedule of Investments
17

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Commercial Services & Supplies (continued)
Rollins, Inc., 5.25%, 02/24/35
$
340
$ 344,865
S&P Global, Inc.
 
2.45%, 03/01/27
 
966
952,320
4.75%, 08/01/28(a)
 
429
437,242
2.70%, 03/01/29
 
758
729,961
4.25%, 05/01/29
 
525
527,980
2.50%, 12/01/29
 
239
226,030
1.25%, 08/15/30(a)
 
355
312,251
4.25%, 01/15/31(a)(d)
 
395
394,240
2.90%, 03/01/32
 
994
914,747
5.25%, 09/15/33
 
321
335,658
4.80%, 12/04/35(d)
 
260
257,590
TR Finance LLC, 5.50%, 08/15/35(a)
 
200
207,415
Triton Container International Ltd./TAL International
Container Corp.
 
3.25%, 03/15/32
 
450
409,464
5.15%, 02/15/33
 
425
422,808
Trustees of Columbia University in the City of New
York, Series 2024, 4.36%, 10/01/35(a)
 
300
292,820
Trustees of Dartmouth College, 4.27%, 06/01/30
 
115
115,452
Trustees of Princeton University, 4.65%, 07/01/30
 
75
76,781
UL Solutions, Inc., 6.50%, 10/20/28(a)
 
150
158,075
Verisk Analytics, Inc.
 
4.13%, 03/15/29
 
413
412,846
5.75%, 04/01/33
 
285
301,223
5.25%, 06/05/34
 
496
506,002
5.25%, 03/15/35
 
525
533,089
Yale University
 
Series 2020, 1.48%, 04/15/30
 
98
88,500
Series 2025, 4.70%, 04/15/32
 
55
56,348
 
 
39,564,712
Communications Equipment — 0.1%
Motorola Solutions, Inc.
 
4.60%, 02/23/28
 
413
417,399
5.00%, 04/15/29
 
400
410,132
4.60%, 05/23/29
 
399
403,709
4.85%, 08/15/30
 
425
433,143
2.30%, 11/15/30(a)
 
638
579,887
2.75%, 05/24/31
 
550
504,868
5.60%, 06/01/32
 
368
386,931
5.20%, 08/15/32
 
225
232,168
5.40%, 04/15/34
 
600
617,731
5.55%, 08/15/35
 
525
544,671
 
 
4,530,639
Construction & Engineering — 0.0%
Jacobs Engineering Group, Inc.
 
6.35%, 08/18/28
 
300
315,386
5.90%, 03/01/33(a)
 
265
278,250
MasTec, Inc., 5.90%, 06/15/29
 
296
309,712
 
 
903,348
Consumer Finance — 1.4%
American Express Co.
 
3.30%, 05/03/27
 
1,109
1,102,835
5.85%, 11/05/27
 
990
1,022,392
4.05%, 05/03/29(a)
 
709
711,630
(1-day SOFR + 0.81%), 4.35%, 07/20/29(b)
 
950
955,836
(1-day SOFR + 0.93%), 5.04%, 07/26/28(b)
 
554
562,689
(1-day SOFR + 1.22%), 4.92%, 07/20/33(b)
 
1,195
1,210,253
(1-day SOFR + 1.24%), 4.80%, 10/24/36(b)
 
1,275
1,251,033
(1-day SOFR + 1.26%), 4.73%, 04/25/29(a)(b)
 
1,050
1,065,363
(1-day SOFR + 1.42%), 5.28%, 07/26/35(a)(b)
 
1,280
1,309,257
Security
 
Par
(000)
Value
Consumer Finance (continued)
American Express Co.(continued)
 
(1-day SOFR + 1.44%), 5.02%, 04/25/31(b)
$
1,050
$ 1,077,083
(1-day SOFR + 1.63%), 5.92%, 04/25/35(b)
 
200
211,647
(1-day SOFR + 1.76%), 4.42%, 08/03/33(b)
 
722
713,665
(1-day SOFR + 1.79%), 5.67%, 04/25/36(b)
 
1,245
1,304,684
(1-day SOFR + 1.84%), 5.04%, 05/01/34(b)
 
800
813,202
(1-day SOFR + 1.93%), 5.63%, 07/28/34(b)
 
300
312,134
(1-day SOFR + 1.94%), 6.49%, 10/30/31(b)
 
708
770,725
(1-day SOFR + 2.26%), 4.99%, 05/26/33(b)
 
632
640,542
(1-day SOFR Index + 1.02%), 5.09%, 01/30/31(b)
 
695
714,148
(1-day SOFR Index + 1.09%), 5.53%, 04/25/30(b)
 
678
706,030
(1-day SOFR Index + 1.28%), 5.28%, 07/27/29(b)
 
1,063
1,093,144
(1-day SOFR Index + 1.32%), 5.44%, 01/30/36(b)
 
750
773,325
Andrew W Mellon Foundation, Series 2020, 0.95%,
08/01/27
 
29
27,823
Capital One Financial Corp.
 
4.10%, 02/09/27(a)
 
664
664,474
3.75%, 03/09/27
 
757
755,461
3.65%, 05/11/27
 
673
669,874
3.80%, 01/31/28
 
879
874,542
4.99%, 01/30/32
 
450
450,071
6.70%, 11/29/32
 
500
551,074
5.40%, 01/30/37
 
450
448,760
(1-day SOFR + 1.25%), 4.49%, 09/11/31(b)
 
735
729,910
(1-day SOFR + 1.27%), 2.62%, 11/02/32(b)
 
313
280,575
(1-day SOFR + 1.34%), 2.36%, 07/29/32(b)
 
629
550,028
(1-day SOFR + 1.56%), 5.46%, 07/26/30(b)
 
472
488,011
(1-day SOFR + 1.63%), 5.20%, 09/11/36(b)
 
1,050
1,035,510
(1-day SOFR + 1.79%), 3.27%, 03/01/30(b)
 
792
768,057
(1-day SOFR + 1.91%), 5.70%, 02/01/30(b)
 
668
693,314
(1-day SOFR + 1.99%), 5.88%, 07/26/35(b)
 
700
729,363
(1-day SOFR + 2.04%), 6.18%, 01/30/36(b)
 
1,000
1,035,457
(1-day SOFR + 2.06%), 4.93%, 05/10/28(b)
 
634
640,521
(1-day SOFR + 2.08%), 5.47%, 02/01/29(b)
 
567
580,941
(1-day SOFR + 2.26%), 6.05%, 02/01/35(b)
 
790
829,691
(1-day SOFR + 2.37%), 5.27%, 05/10/33(b)
 
650
662,766
(1-day SOFR + 2.60%), 5.25%, 07/26/30(b)
 
714
733,876
(1-day SOFR + 2.60%), 5.82%, 02/01/34(b)
 
801
833,860
(1-day SOFR + 2.64%), 6.31%, 06/08/29(b)
 
1,155
1,208,842
(1-day SOFR + 2.86%), 6.38%, 06/08/34(b)
 
1,055
1,132,262
(1-day SOFR + 3.07%), 7.62%, 10/30/31(b)
 
1,126
1,264,001
(1-day SOFR Index + 3.37%), 7.96%, 11/02/34(b)
 
575
671,932
Mastercard, Inc.
 
3.30%, 03/26/27
 
353
351,461
4.10%, 01/15/28
 
215
216,691
3.50%, 02/26/28
 
179
178,267
4.88%, 03/09/28(a)
 
410
419,090
4.55%, 03/15/28
 
615
625,396
2.95%, 06/01/29
 
543
526,637
3.35%, 03/26/30
 
902
880,147
1.90%, 03/15/31(a)
 
325
291,941
2.00%, 11/18/31
 
456
405,947
4.35%, 01/15/32
 
600
602,837
4.95%, 03/15/32
 
325
336,484
4.85%, 03/09/33
 
556
569,366
4.88%, 05/09/34
 
574
584,888
4.55%, 01/15/35
 
874
867,707
Synchrony Financial
 
3.95%, 12/01/27
 
479
476,718
5.15%, 03/19/29
 
413
419,008
2.88%, 10/28/31
 
508
453,454
(1-day SOFR + 1.40%), 5.02%, 07/29/29(a)(b)
 
340
343,761
(1-day SOFR + 1.68%), 5.45%, 03/06/31(a)(b)
 
542
552,631
18

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Consumer Finance (continued)
Synchrony Financial(continued)
 
(1-day SOFR + 2.07%), 6.00%, 07/29/36(b)
$
305
$ 309,680
(1-day SOFR Index + 2.13%), 5.94%, 08/02/30(b)
 
400
414,315
Visa, Inc.
 
1.90%, 04/15/27
 
1,149
1,126,685
0.75%, 08/15/27
 
250
239,750
2.75%, 09/15/27
 
609
600,895
2.05%, 04/15/30(a)
 
897
831,655
1.10%, 02/15/31
 
710
618,493
4.15%, 12/14/35(a)
 
1,000
964,662
Western Union Co., 2.75%, 03/15/31(a)
 
195
179,520
 
 
52,020,699
Consumer Staples Distribution & Retail — 0.6%
Best Buy Co., Inc.(a)
 
4.45%, 10/01/28
 
250
252,351
1.95%, 10/01/30
 
436
392,179
Costco Wholesale Corp.
 
3.00%, 05/18/27
 
657
652,387
1.38%, 06/20/27
 
832
807,652
1.60%, 04/20/30
 
1,143
1,036,300
1.75%, 04/20/32
 
633
548,862
Dollar General Corp.
 
4.13%, 05/01/28
 
300
300,557
5.20%, 07/05/28
 
140
143,500
3.50%, 04/03/30
 
626
604,370
5.00%, 11/01/32
 
455
460,962
5.45%, 07/05/33
 
630
652,599
Dollar Tree, Inc.
 
4.20%, 05/15/28
 
693
693,736
2.65%, 12/01/31
 
513
462,305
Target Corp.
 
4.35%, 06/15/28
 
405
410,449
3.38%, 04/15/29
 
829
814,895
2.35%, 02/15/30
 
811
759,566
2.65%, 09/15/30
 
361
338,085
4.50%, 09/15/32(a)
 
672
678,466
4.40%, 01/15/33(a)
 
300
299,363
4.50%, 09/15/34
 
475
469,134
5.00%, 04/15/35
 
650
656,259
Walmart, Inc.
 
5.88%, 04/05/27
 
256
262,750
4.10%, 04/28/27
 
310
312,122
3.95%, 09/09/27
 
640
643,420
3.90%, 04/15/28
 
520
522,568
3.70%, 06/26/28
 
974
976,239
1.50%, 09/22/28
 
835
791,182
3.25%, 07/08/29
 
500
492,310
7.55%, 02/15/30
 
278
315,655
4.00%, 04/15/30
 
342
344,245
4.35%, 04/28/30(a)
 
910
924,405
1.80%, 09/22/31
 
1,440
1,284,275
4.15%, 09/09/32(a)
 
762
765,217
4.10%, 04/15/33(a)
 
1,000
994,307
4.90%, 04/28/35
 
1,215
1,243,463
5.25%, 09/01/35
 
400
422,347
2.38%, 09/24/29(a)
 
300
285,861
 
 
22,014,343
Containers & Packaging — 0.3%
Amcor Finance USA, Inc.
 
4.50%, 05/15/28
 
272
273,955
5.63%, 05/26/33(a)
 
320
334,390
Security
 
Par
(000)
Value
Containers & Packaging (continued)
Amcor Flexibles North America, Inc.
 
4.80%, 03/17/28
$
525
$ 532,683
5.10%, 03/17/30(a)
 
436
447,910
2.63%, 06/19/30(a)
 
405
377,354
2.69%, 05/25/31
 
437
399,329
5.50%, 03/17/35(a)
 
490
506,468
Amcor Group Finance PLC, 5.45%, 05/23/29(a)
 
350
363,292
AptarGroup, Inc.
 
4.75%, 03/30/31
 
325
326,745
3.60%, 03/15/32
 
250
235,637
Berry Global, Inc.
 
5.50%, 04/15/28
 
350
360,798
5.80%, 06/15/31
 
590
624,196
5.65%, 01/15/34(a)
 
424
442,269
Packaging Corp. of America
 
3.40%, 12/15/27
 
350
346,509
3.00%, 12/15/29
 
388
371,392
5.70%, 12/01/33
 
220
231,953
5.20%, 08/15/35
 
315
319,107
Smurfit Kappa Treasury ULC
 
5.20%, 01/15/30
 
400
412,453
5.44%, 04/03/34
 
800
825,656
Smurfit Westrock Financing DAC
 
5.42%, 01/15/35
 
600
617,668
5.19%, 01/15/36(a)
 
400
403,564
Sonoco Products Co.
 
2.25%, 02/01/27
 
88
86,554
4.60%, 09/01/29
 
525
529,374
3.13%, 05/01/30
 
277
262,300
2.85%, 02/01/32(a)
 
379
342,794
5.00%, 09/01/34(a)
 
455
451,711
WestRock MWV LLC, 8.20%, 01/15/30
 
289
328,303
WRKCo, Inc.
 
4.00%, 03/15/28
 
323
323,072
3.90%, 06/01/28
 
264
263,076
4.90%, 03/15/29
 
429
437,662
4.20%, 06/01/32
 
288
280,388
3.00%, 06/15/33
 
350
311,805
 
 
12,370,367
Distributors — 0.0%
LKQ Corp.
 
5.75%, 06/15/28
 
488
500,938
6.25%, 06/15/33(a)
 
350
366,215
WW Grainger, Inc., 4.45%, 09/15/34
 
280
276,634
 
 
1,143,787
Diversified REITs — 1.8%
Agree LP
 
2.00%, 06/15/28(a)
 
258
246,547
2.90%, 10/01/30
 
258
241,459
4.80%, 10/01/32
 
200
201,386
2.60%, 06/15/33
 
200
172,570
5.63%, 06/15/34
 
334
349,052
5.60%, 06/15/35
 
175
182,768
American Assets Trust LP
 
3.38%, 02/01/31
 
372
339,201
6.15%, 10/01/34
 
300
303,632
American Tower Corp.
 
3.65%, 03/15/27
 
493
491,254
3.55%, 07/15/27
 
500
496,722
3.60%, 01/15/28
 
500
495,974
1.50%, 01/31/28
 
243
231,189
Schedule of Investments
19

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Diversified REITs (continued)
American Tower Corp.(continued)
 
5.50%, 03/15/28
$
290
$ 298,060
5.25%, 07/15/28
 
494
507,575
5.80%, 11/15/28
 
420
438,518
5.20%, 02/15/29
 
300
308,436
3.95%, 03/15/29
 
413
410,299
3.80%, 08/15/29
 
1,063
1,047,924
2.90%, 01/15/30
 
447
424,292
5.00%, 01/31/30
 
465
476,349
4.90%, 03/15/30
 
545
556,514
2.10%, 06/15/30
 
609
554,206
1.88%, 10/15/30
 
599
535,641
2.70%, 04/15/31
 
396
364,076
2.30%, 09/15/31
 
391
347,899
4.05%, 03/15/32
 
366
356,309
4.70%, 12/15/32
 
565
565,221
5.65%, 03/15/33
 
506
531,822
5.55%, 07/15/33
 
524
547,424
5.90%, 11/15/33
 
500
533,821
5.45%, 02/15/34
 
400
414,073
5.40%, 01/31/35
 
325
333,943
5.35%, 03/15/35
 
506
518,105
Americold Realty Operating Partnership LP
 
5.60%, 05/15/32
 
225
228,113
5.41%, 09/12/34(a)
 
325
319,354
Brixmor Operating Partnership LP
 
3.90%, 03/15/27
 
256
255,624
2.25%, 04/01/28
 
270
259,822
4.13%, 05/15/29
 
380
378,643
4.05%, 07/01/30
 
394
388,105
2.50%, 08/16/31
 
415
372,972
5.20%, 04/01/32(a)
 
200
204,717
4.85%, 02/15/33
 
280
279,238
5.50%, 02/15/34
 
225
231,072
5.75%, 02/15/35
 
300
314,056
Broadstone Net Lease LLC
 
2.60%, 09/15/31
 
220
195,208
5.00%, 11/01/32
 
275
275,074
Crown Castle, Inc.
 
4.00%, 03/01/27
 
321
320,855
2.90%, 03/15/27
 
430
424,642
3.65%, 09/01/27
 
600
596,040
5.00%, 01/11/28
 
645
655,147
3.80%, 02/15/28
 
709
704,424
4.80%, 09/01/28
 
120
121,807
4.30%, 02/15/29
 
450
450,197
5.60%, 06/01/29
 
425
440,867
4.90%, 09/01/29
 
260
264,385
3.10%, 11/15/29
 
200
191,161
3.30%, 07/01/30
 
572
542,814
2.25%, 01/15/31
 
705
630,573
2.10%, 04/01/31
 
593
524,005
2.50%, 07/15/31
 
500
447,625
5.10%, 05/01/33
 
475
479,554
5.80%, 03/01/34
 
450
470,791
5.20%, 09/01/34
 
525
529,230
Digital Realty Trust LP
 
3.70%, 08/15/27
 
717
713,851
5.55%, 01/15/28
 
685
703,919
4.45%, 07/15/28
 
350
352,682
3.60%, 07/01/29
 
620
608,294
Security
 
Par
(000)
Value
Diversified REITs (continued)
EPR Properties
 
4.50%, 06/01/27
$
225
$ 225,446
4.95%, 04/15/28
 
225
227,195
3.75%, 08/15/29
 
225
218,782
4.75%, 11/15/30
 
350
347,081
3.60%, 11/15/31
 
250
231,785
Equinix Europe 2 Financing Corp. LLC
 
4.60%, 11/15/30
 
475
476,738
5.50%, 06/15/34
 
476
491,498
Equinix, Inc.
 
1.80%, 07/15/27
 
372
360,655
1.55%, 03/15/28
 
545
518,570
2.00%, 05/15/28
 
308
294,201
3.20%, 11/18/29
 
592
569,848
2.15%, 07/15/30
 
817
741,593
2.50%, 05/15/31
 
819
741,510
3.90%, 04/15/32
 
800
769,154
Federal Realty OP LP
 
3.25%, 07/15/27
 
259
256,120
5.38%, 05/01/28
 
160
164,097
3.50%, 06/01/30
 
518
499,935
First Industrial LP, 5.25%, 01/15/31
 
300
305,465
GLP Capital LP/GLP Financing II, Inc.
 
5.75%, 06/01/28
 
340
348,494
5.30%, 01/15/29
 
429
437,321
4.00%, 01/15/30
 
567
550,837
4.00%, 01/15/31
 
400
382,793
3.25%, 01/15/32
 
450
407,454
5.25%, 02/15/33
 
350
350,656
6.75%, 12/01/33
 
309
334,691
5.63%, 09/15/34
 
545
551,490
Host Hotels & Resorts LP
 
4.25%, 12/15/28
 
250
250,292
5.70%, 06/15/32
 
225
234,736
5.70%, 07/01/34
 
400
412,676
5.50%, 04/15/35
 
450
455,175
Series H, 3.38%, 12/15/29
 
405
389,747
Series I, 3.50%, 09/15/30
 
450
428,730
Series J, 2.90%, 12/15/31
 
329
297,910
Kimco Realty OP LLC
 
3.80%, 04/01/27
 
250
249,883
1.90%, 03/01/28
 
166
159,499
2.70%, 10/01/30
 
350
328,288
2.25%, 12/01/31
 
239
212,236
3.20%, 04/01/32
 
500
464,010
4.60%, 02/01/33
 
372
370,330
6.40%, 03/01/34
 
325
357,414
4.85%, 03/01/35
 
398
395,070
Kite Realty Group LP
 
4.95%, 12/15/31
 
200
202,850
5.20%, 08/15/32
 
185
188,975
5.50%, 03/01/34
 
272
279,569
Kite Realty Group Trust, 4.75%, 09/15/30
 
200
201,989
Lineage OP LP, 5.25%, 07/15/30(d)
 
350
352,948
LXP Industrial Trust
 
2.70%, 09/15/30
 
256
234,691
2.38%, 10/01/31
 
300
262,862
Phillips Edison Grocery Center Operating Partnership
I LP
 
2.63%, 11/15/31
 
245
219,349
5.25%, 08/15/32
 
125
127,939
5.75%, 07/15/34(a)
 
175
182,749
20

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Diversified REITs (continued)
Phillips Edison Grocery Center Operating Partnership
I LP(continued)
 
4.95%, 01/15/35
$
280
$ 274,953
Prologis LP
 
2.13%, 04/15/27
 
350
343,031
3.38%, 12/15/27
 
316
313,698
4.88%, 06/15/28
 
427
436,857
3.88%, 09/15/28
 
150
149,792
4.00%, 09/15/28
 
200
200,354
4.38%, 02/01/29
 
261
263,507
2.88%, 11/15/29
 
308
294,459
2.25%, 04/15/30
 
715
663,909
1.75%, 07/01/30(a)
 
243
218,958
1.25%, 10/15/30
 
528
462,295
4.75%, 01/15/31(a)
 
450
459,594
1.75%, 02/01/31
 
191
169,032
1.63%, 03/15/31
 
282
246,726
2.25%, 01/15/32
 
210
186,275
4.63%, 01/15/33(a)
 
365
366,865
4.75%, 06/15/33
 
505
507,492
5.13%, 01/15/34
 
506
517,391
5.00%, 03/15/34
 
471
478,374
5.00%, 01/31/35
 
500
504,846
5.25%, 05/15/35
 
525
539,322
Rayonier LP, 2.75%, 05/17/31
 
241
218,693
Regency Centers LP
 
3.60%, 02/01/27
 
350
348,794
4.13%, 03/15/28
 
254
254,699
2.95%, 09/15/29
 
179
171,823
3.70%, 06/15/30
 
413
404,164
5.00%, 07/15/32
 
180
183,734
5.25%, 01/15/34
 
250
256,511
5.10%, 01/15/35
 
210
212,310
Rexford Industrial Realty LP
 
5.00%, 06/15/28(a)
 
120
122,077
2.13%, 12/01/30
 
219
196,002
2.15%, 09/01/31
 
218
191,252
Safehold GL Holdings LLC(a)
 
2.80%, 06/15/31
 
429
393,849
6.10%, 04/01/34
 
195
207,392
5.65%, 01/15/35
 
300
308,905
Sun Communities Operating LP
 
2.30%, 11/01/28(a)
 
231
219,871
2.70%, 07/15/31
 
403
366,043
4.20%, 04/15/32
 
429
416,602
VICI Properties LP
 
4.75%, 02/15/28
 
868
876,863
4.75%, 04/01/28
 
370
373,837
4.95%, 02/15/30
 
776
785,260
5.13%, 11/15/31
 
475
480,360
5.13%, 05/15/32(a)
 
930
935,662
5.75%, 04/01/34
 
400
412,596
5.63%, 04/01/35
 
535
544,705
Weyerhaeuser Co.
 
4.00%, 11/15/29
 
541
535,911
4.00%, 04/15/30
 
500
492,627
7.38%, 03/15/32
 
403
458,486
3.38%, 03/09/33
 
250
228,331
WP Carey, Inc.
 
3.85%, 07/15/29(a)
 
393
388,558
4.65%, 07/15/30
 
275
276,742
2.40%, 02/01/31
 
304
274,506
Security
 
Par
(000)
Value
Diversified REITs (continued)
WP Carey, Inc.(continued)
 
2.45%, 02/01/32
$
250
$ 220,881
2.25%, 04/01/33
 
258
217,844
5.38%, 06/30/34
 
200
205,626
 
 
65,539,694
Diversified Telecommunication Services — 1.9%
AT&T, Inc.
 
3.80%, 02/15/27
 
450
449,281
4.25%, 03/01/27
 
1,174
1,177,088
2.30%, 06/01/27
 
1,688
1,653,297
1.65%, 02/01/28
 
1,730
1,653,661
4.10%, 02/15/28
 
928
930,077
4.35%, 03/01/29
 
1,818
1,830,661
4.30%, 02/15/30
 
2,002
2,003,405
4.70%, 08/15/30(a)
 
725
736,158
4.40%, 04/30/31(c)
 
775
774,640
2.75%, 06/01/31
 
1,809
1,663,026
2.25%, 02/01/32
 
1,490
1,309,351
4.55%, 11/01/32(a)
 
750
744,642
4.75%, 04/30/33(c)
 
775
773,610
2.55%, 12/01/33
 
2,356
2,003,261
5.40%, 02/15/34(a)
 
1,750
1,804,336
4.50%, 05/15/35(a)
 
1,600
1,530,190
5.38%, 08/15/35
 
725
739,583
4.90%, 11/01/35
 
750
738,305
5.13%, 04/30/36
 
775
772,708
Bell Telephone Co. of Canada or Bell Canada
 
2.15%, 02/15/32(a)
 
245
212,813
5.10%, 05/11/33
 
592
600,796
5.20%, 02/15/34(a)
 
400
407,124
British Telecommunications PLC
 
5.13%, 12/04/28
 
478
490,393
9.63%, 12/15/30
 
1,526
1,856,084
Cisco Systems, Inc.
 
4.80%, 02/26/27
 
1,286
1,300,206
4.55%, 02/24/28
 
600
609,481
4.85%, 02/26/29
 
1,800
1,846,031
4.75%, 02/24/30
 
650
666,769
4.95%, 02/26/31
 
1,661
1,718,011
4.95%, 02/24/32
 
550
567,176
5.05%, 02/26/34
 
1,628
1,669,379
5.10%, 02/24/35
 
775
794,451
Deutsche Telekom International Finance BV
 
8.75%, 06/15/30
 
2,218
2,586,208
9.25%, 06/01/32
 
362
451,113
Juniper Networks, Inc.
 
3.75%, 08/15/29
 
313
306,244
2.00%, 12/10/30
 
250
222,286
Koninklijke KPN NV, 8.38%, 10/01/30
 
350
407,339
Nokia OYJ, 4.38%, 06/12/27
 
350
350,129
Sprint Capital Corp.
 
6.88%, 11/15/28
 
1,450
1,555,327
8.75%, 03/15/32
 
1,100
1,332,131
Telefonica Emisiones SA, 4.10%, 03/08/27
 
715
715,404
Telefonica Europe BV, 8.25%, 09/15/30
 
775
887,575
TELUS Corp.
 
2.80%, 02/16/27
 
400
395,003
3.70%, 09/15/27
 
400
397,339
3.40%, 05/13/32
 
522
481,763
Verizon Communications, Inc.
 
4.13%, 03/16/27(a)
 
1,114
1,117,263
2.10%, 03/22/28
 
1,832
1,763,660
Schedule of Investments
21

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Diversified Telecommunication Services (continued)
Verizon Communications, Inc.(continued)
 
4.33%, 09/21/28
$
1,983
$ 1,998,960
3.88%, 02/08/29
 
759
756,692
4.02%, 12/03/29
 
2,049
2,037,662
3.15%, 03/22/30
 
829
794,327
1.50%, 09/18/30
 
450
397,390
1.68%, 10/30/30
 
319
282,883
7.75%, 12/01/30
 
367
420,582
1.75%, 01/20/31
 
1,273
1,122,610
2.55%, 03/21/31
 
2,023
1,847,695
2.36%, 03/15/32
 
2,962
2,609,270
4.75%, 01/15/33(a)
 
1,340
1,339,604
5.05%, 05/09/33
 
629
643,619
4.50%, 08/10/33
 
1,204
1,182,398
4.40%, 11/01/34
 
1,100
1,058,959
4.78%, 02/15/35
 
1,500
1,471,051
5.25%, 04/02/35
 
1,465
1,483,860
4.27%, 01/15/36
 
850
796,506
5.00%, 01/15/36
 
1,900
1,877,550
 
 
71,116,396
Electric Utilities — 6.2%
AEP Texas, Inc.
 
3.95%, 06/01/28
 
413
411,904
5.45%, 05/15/29
 
225
233,431
4.70%, 05/15/32
 
480
481,439
5.40%, 06/01/33
 
245
252,507
5.70%, 05/15/34
 
450
469,095
Series I, 2.10%, 07/01/30(a)
 
500
456,102
AEP Transmission Co. LLC
 
5.15%, 04/01/34
 
295
300,437
5.38%, 06/15/35
 
598
614,639
AES Corp.
 
5.45%, 06/01/28
 
570
585,088
2.45%, 01/15/31(a)
 
663
602,983
5.80%, 03/15/32
 
488
503,881
Alabama Power Co.
 
3.75%, 09/01/27
 
400
399,921
3.05%, 03/15/32
 
600
555,784
3.94%, 09/01/32
 
300
291,465
5.85%, 11/15/33
 
225
240,606
5.10%, 04/02/35
 
500
510,861
Series 2020-A, 1.45%, 09/15/30
 
483
428,167
Series C, 4.30%, 03/15/31(a)
 
450
450,359
Ameren Corp.
 
1.95%, 03/15/27
 
365
357,085
1.75%, 03/15/28
 
300
285,860
5.00%, 01/15/29
 
512
524,410
3.50%, 01/15/31
 
329
316,345
5.38%, 03/15/35
 
565
578,658
Ameren Illinois Co.
 
3.80%, 05/15/28
 
250
249,535
1.55%, 11/15/30(a)
 
250
221,027
3.85%, 09/01/32
 
400
384,994
4.95%, 06/01/33
 
250
255,042
American Electric Power Co., Inc.
 
5.75%, 11/01/27
 
400
411,376
3.20%, 11/13/27(a)
 
260
256,667
5.20%, 01/15/29
 
775
798,921
2.30%, 03/01/30
 
525
485,832
5.95%, 11/01/32
 
400
428,896
5.63%, 03/01/33
 
678
710,236
Security
 
Par
(000)
Value
Electric Utilities (continued)
American Electric Power Co., Inc.(continued)
 
Series J, 4.30%, 12/01/28
$
413
$ 415,924
Appalachian Power Co.
 
5.65%, 04/01/34
 
225
234,689
Series AA, 2.70%, 04/01/31
 
450
412,623
Series BB, 4.50%, 08/01/32
 
400
396,193
Series X, 3.30%, 06/01/27
 
250
247,813
Arizona Public Service Co.
 
2.60%, 08/15/29
 
413
391,100
2.20%, 12/15/31
 
129
113,450
6.35%, 12/15/32
 
300
327,131
5.55%, 08/01/33
 
375
390,774
5.70%, 08/15/34
 
435
456,203
Atlantic City Electric Co.
 
4.00%, 10/15/28
 
200
200,278
2.30%, 03/15/31
 
200
181,544
Avangrid, Inc., 3.80%, 06/01/29
 
500
493,516
Baltimore Gas and Electric Co.
 
2.25%, 06/15/31
 
509
460,204
5.30%, 06/01/34
 
275
283,248
5.45%, 06/01/35
 
600
620,986
Berkshire Hathaway Energy Co.
 
3.25%, 04/15/28
 
513
506,725
3.70%, 07/15/30
 
733
720,488
1.65%, 05/15/31
 
699
610,094
Black Hills Corp.
 
5.95%, 03/15/28
 
200
207,267
3.05%, 10/15/29
 
342
327,358
2.50%, 06/15/30
 
300
277,234
4.55%, 01/31/31
 
275
274,868
4.35%, 05/01/33
 
220
212,568
6.15%, 05/15/34
 
250
267,652
6.00%, 01/15/35
 
300
318,039
CenterPoint Energy Houston Electric LLC
 
5.20%, 10/01/28
 
415
428,062
4.80%, 03/15/30
 
325
332,534
4.95%, 04/01/33
 
660
670,731
5.15%, 03/01/34
 
310
317,297
5.05%, 03/01/35
 
385
388,967
Series AA, 3.00%, 02/01/27
 
200
198,444
Series AE, 2.35%, 04/01/31
 
332
300,954
Series AG, 3.00%, 03/01/32
 
262
240,872
Series AI, 4.45%, 10/01/32
 
414
411,997
Series AQ, 4.95%, 08/15/35
 
510
510,976
Series K2, 6.95%, 03/15/33
 
273
309,201
CenterPoint Energy, Inc.
 
5.40%, 06/01/29
 
576
597,265
2.95%, 03/01/30
 
344
326,369
CMS Energy Corp.
 
3.45%, 08/15/27
 
229
227,112
(5-year CMT + 2.90%), 3.75%, 12/01/50(b)
 
250
230,024
(5-year CMT + 4.12%), 4.75%, 06/01/50(b)
 
400
394,558
Commonwealth Edison Co.
 
3.70%, 08/15/28
 
363
361,781
2.20%, 03/01/30
 
300
278,287
4.90%, 02/01/33(a)
 
320
326,374
5.30%, 06/01/34
 
335
347,444
Series 122, 2.95%, 08/15/27(a)
 
250
247,043
Series 132, 3.15%, 03/15/32
 
200
186,572
Connecticut Light and Power Co.
 
4.65%, 01/01/29
 
200
203,730
4.95%, 01/15/30
 
275
282,080
22

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Electric Utilities (continued)
Connecticut Light and Power Co.(continued)
 
4.90%, 07/01/33
$
150
$ 151,312
4.95%, 08/15/34(a)
 
200
201,548
Series A, 3.20%, 03/15/27
 
413
410,458
Series A, 2.05%, 07/01/31
 
228
202,657
Consolidated Edison Co. of New York, Inc.
 
3.80%, 05/15/28
 
413
412,139
2.40%, 06/15/31
 
629
574,943
5.20%, 03/01/33
 
500
517,359
5.50%, 03/15/34
 
500
524,545
5.38%, 05/15/34
 
200
207,025
5.13%, 03/15/35
 
284
289,457
Series 2005-A, 5.30%, 03/01/35
 
200
204,916
Series 20A, 3.35%, 04/01/30
 
193
187,078
Series D, 4.00%, 12/01/28
 
313
314,092
Constellation Energy Generation LLC
 
3.90%, 01/08/28
 
525
524,481
5.60%, 03/01/28
 
530
546,517
4.40%, 01/15/31(a)
 
200
199,531
5.80%, 03/01/33
 
400
424,699
6.13%, 01/15/34
 
325
350,891
Consumers Energy Co.
 
4.65%, 03/01/28(a)
 
250
253,742
3.80%, 11/15/28
 
300
299,100
4.90%, 02/15/29
 
390
400,111
4.60%, 05/30/29
 
477
485,313
4.70%, 01/15/30
 
613
626,166
4.50%, 01/15/31(a)
 
370
373,836
3.60%, 08/15/32
 
255
242,099
4.63%, 05/15/33
 
510
511,098
5.05%, 05/15/35
 
690
700,555
Dayton Power & Light Co., 4.55%, 08/15/30
 
225
223,829
Dominion Energy South Carolina, Inc.
 
6.63%, 02/01/32
 
200
222,273
5.30%, 05/15/33
 
200
207,355
Series 2025, 5.30%, 01/15/35
 
420
433,431
Series A, 2.30%, 12/01/31
 
330
295,127
Dominion Energy, Inc.
 
4.60%, 05/15/28
 
805
815,003
4.25%, 06/01/28
 
750
753,624
5.00%, 06/15/30
 
625
641,198
5.38%, 11/15/32
 
500
519,663
5.45%, 03/15/35
 
725
742,771
Series A, 4.35%, 08/15/32
 
400
392,566
Series B, 3.60%, 03/15/27
 
250
249,085
Series B, 5.95%, 06/15/35
 
300
318,046
Series C, 3.38%, 04/01/30
 
1,093
1,054,836
Series C, 2.25%, 08/15/31
 
588
525,055
Series E, 6.30%, 03/15/33
 
200
216,573
Series F, 5.25%, 08/01/33
 
600
613,643
DTE Electric Co.
 
4.25%, 05/14/27
 
25
25,168
2.25%, 03/01/30
 
428
398,001
5.20%, 04/01/33
 
500
519,053
5.20%, 03/01/34(a)
 
275
283,415
5.25%, 05/15/35
 
400
409,765
Series A, 1.90%, 04/01/28
 
313
300,590
Series A, 3.00%, 03/01/32
 
279
258,495
Series C, 2.63%, 03/01/31
 
300
278,251
DTE Energy Co.
 
4.95%, 07/01/27
 
475
480,968
4.88%, 06/01/28
 
700
712,301
5.10%, 03/01/29
 
700
718,126
Security
 
Par
(000)
Value
Electric Utilities (continued)
DTE Energy Co.(continued)
 
2.95%, 03/01/30
$
279
$ 264,580
5.20%, 04/01/30
 
650
670,542
5.85%, 06/01/34
 
550
585,049
5.05%, 10/01/35
 
350
348,539
Series C, 3.40%, 06/15/29
 
381
371,126
Duke Energy Carolinas LLC
 
3.95%, 11/15/28
 
450
450,659
2.45%, 08/15/29
 
400
379,375
2.45%, 02/01/30
 
329
308,124
4.85%, 03/15/30
 
320
329,004
2.55%, 04/15/31
 
425
391,681
2.85%, 03/15/32
 
458
419,501
6.45%, 10/15/32
 
214
236,613
4.95%, 01/15/33
 
835
856,681
4.85%, 01/15/34
 
400
403,244
5.25%, 03/15/35
 
425
437,872
Series A, 6.00%, 12/01/28
 
163
171,867
Duke Energy Corp.
 
3.15%, 08/15/27
 
413
408,263
5.00%, 12/08/27(a)
 
210
213,963
4.30%, 03/15/28
 
584
587,946
4.85%, 01/05/29(a)
 
546
557,795
3.40%, 06/15/29
 
388
379,727
2.45%, 06/01/30(a)
 
684
635,130
2.55%, 06/15/31
 
829
755,558
4.50%, 08/15/32(a)
 
746
743,740
5.75%, 09/15/33(a)
 
375
397,131
5.45%, 06/15/34(a)
 
431
447,475
4.95%, 09/15/35(a)
 
760
752,985
Duke Energy Florida LLC
 
3.80%, 07/15/28
 
422
421,962
2.50%, 12/01/29
 
614
580,368
1.75%, 06/15/30
 
388
350,130
4.20%, 12/01/30(a)
 
300
299,406
2.40%, 12/15/31(a)
 
479
432,493
5.88%, 11/15/33
 
501
538,656
4.85%, 12/01/35
 
385
382,179
Duke Energy Indiana LLC, 5.25%, 03/01/34
 
175
181,326
Duke Energy Ohio, Inc.
 
3.65%, 02/01/29(a)
 
300
297,360
2.13%, 06/01/30
 
250
229,294
5.25%, 04/01/33
 
230
237,802
5.30%, 06/15/35
 
300
307,910
Duke Energy Progress LLC
 
4.35%, 03/06/27
 
350
352,339
3.70%, 09/01/28
 
300
299,051
3.45%, 03/15/29
 
413
407,111
2.00%, 08/15/31
 
426
378,677
3.40%, 04/01/32
 
313
295,929
5.25%, 03/15/33
 
434
449,819
5.10%, 03/15/34
 
400
410,652
5.05%, 03/15/35
 
800
810,684
Edison International
 
5.75%, 06/15/27
 
370
376,367
4.13%, 03/15/28
 
446
442,923
5.25%, 11/15/28
 
330
335,636
5.45%, 06/15/29
 
300
306,313
6.95%, 11/15/29
 
245
261,690
6.25%, 03/15/30
 
341
357,984
5.25%, 03/15/32
 
397
398,436
El Paso Electric Co., 6.00%, 05/15/35
 
250
259,722
Emera U.S. Finance LP, 2.64%, 06/15/31
 
245
221,716
Schedule of Investments
23

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Electric Utilities (continued)
Enel Chile SA, 4.88%, 06/12/28
$
550
$ 557,593
Entergy Arkansas LLC
 
4.00%, 06/01/28
 
300
300,797
5.15%, 01/15/33
 
300
309,481
5.30%, 09/15/33
 
200
207,772
5.45%, 06/01/34
 
450
469,746
4.95%, 01/15/36(a)
 
425
423,734
Entergy Corp.
 
1.90%, 06/15/28
 
429
408,326
2.80%, 06/15/30
 
431
404,086
2.40%, 06/15/31
 
496
445,422
Entergy Louisiana LLC
 
3.12%, 09/01/27
 
256
253,220
3.25%, 04/01/28
 
400
395,066
1.60%, 12/15/30
 
243
214,788
3.05%, 06/01/31
 
400
375,059
2.35%, 06/15/32
 
550
486,600
4.00%, 03/15/33
 
600
577,327
5.35%, 03/15/34
 
450
467,003
5.15%, 09/15/34(a)
 
475
484,862
Entergy Mississippi LLC
 
2.85%, 06/01/28(a)
 
413
403,146
5.00%, 09/01/33
 
240
243,953
Entergy Texas, Inc.
 
4.00%, 03/30/29
 
250
249,349
1.75%, 03/15/31
 
450
397,188
5.25%, 04/15/35(a)
 
325
331,891
Evergy Kansas Central, Inc.
 
3.10%, 04/01/27
 
200
198,249
4.70%, 03/13/28
 
215
217,830
5.90%, 11/15/33
 
150
160,281
5.25%, 03/15/35
 
400
407,455
Evergy Metro, Inc.
 
4.95%, 04/15/33
 
215
218,498
5.40%, 04/01/34
 
175
182,124
5.13%, 08/15/35
 
275
277,489
Series 2020, 2.25%, 06/01/30(a)
 
300
276,586
Evergy, Inc., 2.90%, 09/15/29
 
913
870,247
Eversource Energy
 
2.90%, 03/01/27
 
313
309,233
4.60%, 07/01/27
 
400
403,006
5.45%, 03/01/28
 
765
785,226
5.95%, 02/01/29(a)
 
550
575,130
4.45%, 12/15/30
 
400
399,235
2.55%, 03/15/31
 
413
375,517
5.85%, 04/15/31
 
250
263,779
3.38%, 03/01/32
 
463
429,087
5.13%, 05/15/33
 
500
504,798
5.50%, 01/01/34
 
400
411,430
5.95%, 07/15/34
 
250
264,648
Series M, 3.30%, 01/15/28
 
343
338,107
Series O, 4.25%, 04/01/29
 
343
343,108
Series R, 1.65%, 08/15/30
 
400
353,941
Exelon Corp.
 
2.75%, 03/15/27
 
347
342,474
5.15%, 03/15/28
 
650
664,752
5.15%, 03/15/29
 
585
602,038
4.05%, 04/15/30
 
829
821,448
5.13%, 03/15/31
 
325
335,780
3.35%, 03/15/32
 
650
609,019
5.30%, 03/15/33
 
622
644,337
5.45%, 03/15/34
 
474
492,501
Security
 
Par
(000)
Value
Electric Utilities (continued)
Exelon Corp.(continued)
 
4.95%, 06/15/35
$
300
$ 298,261
5.63%, 06/15/35
 
400
417,336
FirstEnergy Corp.
 
2.65%, 03/01/30
 
400
374,032
Series B, 3.90%, 07/15/27
 
826
824,131
Series B, 2.25%, 09/01/30
 
256
232,245
FirstEnergy Transmission LLC
 
4.55%, 01/15/30
 
135
135,752
4.75%, 01/15/33
 
200
198,756
5.00%, 01/15/35
 
260
260,157
Florida Power & Light Co.
 
5.05%, 04/01/28
 
605
620,127
4.40%, 05/15/28
 
470
475,900
5.15%, 06/15/29
 
570
591,424
4.63%, 05/15/30
 
580
591,506
2.45%, 02/03/32
 
1,219
1,098,430
5.10%, 04/01/33
 
690
712,337
4.80%, 05/15/33
 
715
725,810
5.63%, 04/01/34
 
1,100
1,166,890
5.30%, 06/15/34
 
785
819,450
5.00%, 08/01/34
 
300
305,845
4.95%, 06/01/35
 
400
402,681
4.70%, 02/15/36
 
325
321,060
Series A, 3.30%, 05/30/27
 
200
198,863
Georgia Power Co.
 
5.00%, 02/23/27
 
329
333,073
3.25%, 03/30/27
 
250
248,687
4.65%, 05/16/28
 
500
507,398
4.00%, 10/01/28
 
500
501,597
4.55%, 03/15/30
 
575
583,613
4.85%, 03/15/31
 
700
717,590
4.70%, 05/15/32(a)
 
430
435,721
4.95%, 05/17/33
 
754
769,641
5.25%, 03/15/34
 
627
646,756
5.20%, 03/15/35
 
700
717,131
Series B, 2.65%, 09/15/29
 
557
530,532
Idaho Power Co., 5.20%, 08/15/34
 
200
205,119
Indiana Michigan Power Co., 3.85%, 05/15/28
 
250
249,585
Interstate Power and Light Co.
 
4.10%, 09/26/28
 
325
325,576
3.60%, 04/01/29
 
252
247,844
2.30%, 06/01/30
 
300
276,472
5.70%, 10/15/33
 
250
262,723
4.95%, 09/30/34
 
295
294,251
5.60%, 06/29/35
 
450
468,319
IPALCO Enterprises, Inc.
 
4.25%, 05/01/30
 
279
273,449
5.75%, 04/01/34
 
250
254,931
ITC Holdings Corp., 3.35%, 11/15/27
 
350
346,607
Jersey Central Power & Light Co.
 
4.15%, 01/15/29(d)
 
250
249,902
4.40%, 01/15/31(d)
 
250
249,209
5.10%, 01/15/35
 
470
476,269
5.15%, 01/15/36(d)
 
250
253,153
Kentucky Utilities Co., Series Kent, 5.45%, 04/15/33
 
275
287,815
Louisville Gas and Electric Co., 5.45%, 04/15/33
 
95
99,186
MidAmerican Energy Co.
 
3.10%, 05/01/27(a)
 
274
272,130
3.65%, 04/15/29
 
563
557,739
6.75%, 12/30/31(a)
 
291
327,625
5.35%, 01/15/34
 
225
234,106
24

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Electric Utilities (continued)
Mississippi Power Co., 3.95%, 03/30/28(a)
$
300
$ 300,090
National Grid PLC
 
5.60%, 06/12/28
 
500
516,723
5.81%, 06/12/33
 
450
476,857
5.42%, 01/11/34
 
595
613,818
National Grid USA, 5.80%, 04/01/35
 
250
261,622
National Rural Utilities Cooperative Finance Corp.
 
4.80%, 02/05/27
 
250
252,476
3.05%, 04/25/27(a)
 
300
297,403
5.10%, 05/06/27
 
175
177,511
4.12%, 09/16/27
 
150
150,564
3.95%, 12/10/27
 
160
160,327
3.40%, 02/07/28
 
709
703,101
4.75%, 02/07/28
 
361
366,497
4.80%, 03/15/28
 
215
218,830
5.05%, 09/15/28
 
575
589,900
4.85%, 02/07/29
 
250
255,863
3.70%, 03/15/29
 
300
296,746
5.15%, 06/15/29
 
300
309,879
4.95%, 02/07/30(a)
 
120
123,228
2.40%, 03/15/30
 
386
359,730
4.30%, 12/10/30
 
175
174,764
5.00%, 02/07/31
 
200
206,587
1.35%, 03/15/31
 
200
172,564
1.65%, 06/15/31
 
500
434,576
8.00%, 03/01/32
 
257
305,631
2.75%, 04/15/32
 
413
374,825
4.02%, 11/01/32
 
600
582,820
4.15%, 12/15/32
 
200
195,630
5.80%, 01/15/33
 
275
294,554
5.00%, 08/15/34
 
275
279,944
(5-year CMT + 3.53%), 7.13%, 09/15/53(b)
 
200
209,851
Series D, 4.15%, 08/25/28
 
300
301,447
Nevada Power Co.
 
Series CC, 3.70%, 05/01/29
 
472
466,476
Series DD, 2.40%, 05/01/30(a)
 
329
304,100
NextEra Energy Capital Holdings, Inc.
 
3.55%, 05/01/27
 
1,129
1,123,652
4.63%, 07/15/27
 
1,000
1,010,184
4.69%, 09/01/27
 
1,220
1,233,793
4.85%, 02/04/28
 
625
636,224
4.90%, 02/28/28
 
904
920,429
1.90%, 06/15/28
 
1,116
1,064,865
4.90%, 03/15/29
 
800
819,686
3.50%, 04/01/29
 
700
687,768
2.75%, 11/01/29
 
1,009
961,707
5.00%, 02/28/30(a)
 
500
514,393
5.05%, 03/15/30
 
875
902,227
2.25%, 06/01/30
 
2,308
2,123,673
2.44%, 01/15/32
 
849
757,242
5.30%, 03/15/32
 
550
571,191
5.00%, 07/15/32
 
670
685,127
5.05%, 02/28/33
 
700
715,264
5.25%, 03/15/34
 
800
819,777
5.45%, 03/15/35
 
675
696,265
(3-mo. SOFR US + 2.67%), 4.80%, 12/01/77(b)
 
400
396,151
Northern States Power Co.
 
2.25%, 04/01/31
 
372
337,571
5.05%, 05/15/35
 
500
507,875
NSTAR Electric Co.
 
3.20%, 05/15/27
 
322
319,537
3.25%, 05/15/29
 
600
584,811
4.85%, 03/01/30
 
275
281,453
Security
 
Par
(000)
Value
Electric Utilities (continued)
NSTAR Electric Co.(continued)
 
3.95%, 04/01/30
$
300
$ 296,735
1.95%, 08/15/31
 
200
176,186
5.40%, 06/01/34
 
400
414,076
5.20%, 03/01/35
 
450
458,006
OGE Energy Corp., 5.45%, 05/15/29
 
200
207,120
Ohio Power Co.
 
5.00%, 06/01/33
 
328
331,186
5.65%, 06/01/34
 
250
260,391
Series P, 2.60%, 04/01/30
 
364
340,463
Series Q, 1.63%, 01/15/31
 
359
314,702
Oklahoma Gas and Electric Co.
 
3.80%, 08/15/28
 
268
266,921
3.30%, 03/15/30
 
200
192,870
3.25%, 04/01/30(a)
 
79
76,013
5.40%, 01/15/33
 
300
312,943
Oncor Electric Delivery Co. LLC
 
4.50%, 03/20/27(d)
 
325
327,533
4.30%, 05/15/28
 
488
491,719
3.70%, 11/15/28
 
193
191,758
4.65%, 11/01/29
 
350
356,298
2.75%, 05/15/30
 
729
688,916
7.00%, 05/01/32
 
300
338,193
4.15%, 06/01/32
 
296
289,176
4.55%, 09/15/32(a)
 
519
518,129
7.25%, 01/15/33
 
263
301,179
5.65%, 11/15/33
 
351
371,552
5.35%, 04/01/35(d)
 
405
415,684
Pacific Gas and Electric Co.
 
3.30%, 03/15/27
 
200
198,172
5.45%, 06/15/27
 
400
406,300
2.10%, 08/01/27
 
483
469,151
3.30%, 12/01/27
 
655
645,874
5.00%, 06/04/28
 
400
407,320
3.00%, 06/15/28
 
516
502,089
3.75%, 07/01/28
 
550
544,201
4.65%, 08/01/28
 
200
201,961
6.10%, 01/15/29
 
465
487,934
4.20%, 03/01/29
 
220
218,995
5.55%, 05/15/29
 
400
413,369
4.55%, 07/01/30
 
2,006
2,001,233
2.50%, 02/01/31
 
1,211
1,094,662
3.25%, 06/01/31
 
550
511,845
4.40%, 03/01/32
 
293
286,903
5.90%, 06/15/32
 
450
473,140
5.05%, 10/15/32
 
250
251,916
6.15%, 01/15/33
 
428
453,774
6.40%, 06/15/33
 
640
689,869
6.95%, 03/15/34
 
535
593,274
5.80%, 05/15/34
 
800
830,064
5.70%, 03/01/35
 
775
794,442
6.00%, 08/15/35
 
715
748,125
PacifiCorp.
 
5.10%, 02/15/29
 
350
358,258
3.50%, 06/15/29(a)
 
354
345,239
2.70%, 09/15/30
 
254
234,239
5.30%, 02/15/31
 
800
823,726
7.70%, 11/15/31(a)
 
200
228,834
5.45%, 02/15/34
 
784
796,017
5.25%, 06/15/35(a)
 
200
199,617
PECO Energy Co.
 
4.90%, 06/15/33
 
364
371,125
4.88%, 09/15/35
 
400
401,039
Schedule of Investments
25

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Electric Utilities (continued)
Pinnacle West Capital Corp.
 
4.90%, 05/15/28(a)
$
305
$ 310,626
5.15%, 05/15/30
 
125
128,706
Potomac Electric Power Co., 5.20%, 03/15/34
 
275
282,114
PPL Capital Funding, Inc.
 
4.13%, 04/15/30
 
300
297,521
5.25%, 09/01/34
 
455
464,037
PPL Electric Utilities Corp.
 
5.00%, 05/15/33
 
500
511,218
4.85%, 02/15/34
 
400
403,374
Progress Energy, Inc.
 
7.75%, 03/01/31
 
330
377,753
7.00%, 10/30/31
 
300
335,921
Public Service Co. of Colorado
 
3.70%, 06/15/28
 
129
128,275
1.88%, 06/15/31
 
450
396,381
5.35%, 05/15/34
 
450
462,146
5.15%, 09/15/35
 
575
580,668
Series 35, 1.90%, 01/15/31
 
160
142,338
Series 38, 4.10%, 06/01/32
 
150
147,270
Public Service Co. of New Hampshire
 
4.40%, 07/01/28
 
175
177,056
5.35%, 10/01/33
 
375
390,181
Series V, 2.20%, 06/15/31
 
450
403,956
Public Service Co. of Oklahoma
 
5.25%, 01/15/33
 
400
409,200
5.20%, 01/15/35
 
425
428,852
5.45%, 01/15/36
 
500
511,360
Series J, 2.20%, 08/15/31
 
413
366,352
Public Service Electric and Gas Co.
 
3.00%, 05/15/27
 
314
310,898
3.70%, 05/01/28
 
276
275,002
3.65%, 09/01/28(a)
 
270
268,233
3.20%, 05/15/29
 
313
305,122
2.45%, 01/15/30
 
229
215,062
1.90%, 08/15/31
 
279
246,178
3.10%, 03/15/32
 
400
371,138
4.90%, 12/15/32
 
180
183,402
4.65%, 03/15/33
 
417
418,510
5.20%, 08/01/33
 
370
382,800
5.20%, 03/01/34
 
275
283,179
4.85%, 08/01/34
 
450
452,832
4.90%, 08/15/35
 
200
200,823
Series Q, 5.05%, 03/01/35
 
260
264,857
Series R, 4.20%, 01/01/31
 
225
224,374
Public Service Enterprise Group, Inc.
 
5.85%, 11/15/27
 
400
412,181
5.88%, 10/15/28
 
250
260,990
5.20%, 04/01/29
 
275
282,921
4.90%, 03/15/30
 
205
209,697
1.60%, 08/15/30
 
352
312,207
2.45%, 11/15/31
 
500
448,198
6.13%, 10/15/33
 
250
268,307
5.45%, 04/01/34(a)
 
275
283,128
5.40%, 03/15/35
 
250
256,649
Puget Energy, Inc.
 
2.38%, 06/15/28
 
329
315,919
4.10%, 06/15/30
 
413
405,224
4.22%, 03/15/32
 
279
267,923
5.73%, 03/15/35
 
475
485,769
Puget Sound Energy, Inc., 5.33%, 06/15/34
 
175
180,035
San Diego Gas & Electric Co.
 
4.95%, 08/15/28
 
345
353,573
Security
 
Par
(000)
Value
Electric Utilities (continued)
San Diego Gas & Electric Co.(continued)
 
5.40%, 04/15/35(a)
$
550
$ 566,912
Series VVV, 1.70%, 10/01/30
 
663
591,880
Series XXX, 3.00%, 03/15/32
 
350
321,568
Sempra
 
3.25%, 06/15/27
 
500
494,781
3.40%, 02/01/28
 
713
704,529
3.70%, 04/01/29(a)
 
513
505,459
5.50%, 08/01/33(a)
 
499
519,794
(5-year CMT + 2.87%), 4.13%, 04/01/52(b)
 
713
704,140
Southern California Edison Co.
 
4.88%, 02/01/27
 
175
176,336
5.85%, 11/01/27
 
300
308,510
5.30%, 03/01/28
 
495
506,460
5.65%, 10/01/28
 
378
391,434
6.65%, 04/01/29
 
200
210,218
5.15%, 06/01/29
 
275
281,538
2.85%, 08/01/29
 
384
364,783
5.25%, 03/15/30(a)
 
550
564,742
2.25%, 06/01/30
 
432
393,191
5.45%, 06/01/31
 
408
422,343
2.75%, 02/01/32
 
413
370,743
5.95%, 11/01/32
 
525
556,838
6.00%, 01/15/34
 
332
348,648
5.20%, 06/01/34
 
729
729,590
5.45%, 03/01/35
 
500
505,610
Series 2005-E, 5.35%, 07/15/35
 
200
200,233
Series A, 4.20%, 03/01/29
 
300
298,803
Series B, 3.65%, 03/01/28
 
275
272,414
Series D, 4.70%, 06/01/27
 
300
302,448
Series G, 2.50%, 06/01/31
 
349
314,188
Southern Co.
 
5.11%, 08/01/27
 
500
507,676
4.85%, 06/15/28
 
570
580,327
5.50%, 03/15/29
 
621
645,170
5.70%, 10/15/32
 
350
370,603
5.20%, 06/15/33
 
570
584,594
5.70%, 03/15/34
 
702
737,408
4.85%, 03/15/35
 
550
542,433
Series 2021-B, 1.75%, 03/15/28
 
304
290,463
Series A, 3.70%, 04/30/30
 
758
739,903
Southern Power Co.
 
Series A, 4.25%, 10/01/30
 
500
498,733
Series B, 4.90%, 10/01/35
 
400
393,039
Southwestern Electric Power Co.
 
5.30%, 04/01/33
 
275
281,314
Series M, 4.10%, 09/15/28
 
379
378,998
Southwestern Public Service Co., 5.30%, 05/15/35
 
325
331,415
System Energy Resources, Inc.
 
6.00%, 04/15/28
 
400
415,252
5.30%, 12/15/34
 
385
388,867
Tampa Electric Co.
 
4.90%, 03/01/29
 
390
398,949
2.40%, 03/15/31
 
306
278,406
5.15%, 03/01/35
 
450
454,988
Tucson Electric Power Co.
 
1.50%, 08/01/30
 
116
103,003
3.25%, 05/15/32
 
250
232,155
5.20%, 09/15/34
 
275
280,126
Union Electric Co.
 
2.95%, 06/15/27
 
129
127,645
3.50%, 03/15/29
 
250
246,071
2.95%, 03/15/30
 
254
242,053
26

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Electric Utilities (continued)
Union Electric Co.(continued)
 
2.15%, 03/15/32
$
431
$ 379,400
5.20%, 04/01/34
 
275
282,420
5.25%, 04/15/35
 
325
333,450
Virginia Electric and Power Co.
 
2.30%, 11/15/31
 
413
368,044
2.40%, 03/30/32
 
530
471,296
5.00%, 04/01/33
 
525
534,931
5.30%, 08/15/33
 
900
931,461
5.00%, 01/15/34
 
500
506,083
5.05%, 08/15/34
 
595
602,295
5.15%, 03/15/35
 
625
634,262
Series A, 3.50%, 03/15/27
 
420
418,391
Series A, 3.80%, 04/01/28
 
413
411,879
Series A, 2.88%, 07/15/29
 
429
412,562
Series B, 3.75%, 05/15/27
 
400
399,327
Series B, 6.00%, 01/15/36
 
500
536,298
Series C, 4.90%, 09/15/35
 
750
744,998
WEC Energy Group, Inc.
 
5.15%, 10/01/27
 
500
509,001
1.38%, 10/15/27
 
350
335,571
4.75%, 01/15/28
 
250
253,967
2.20%, 12/15/28(a)
 
350
333,294
1.80%, 10/15/30
 
203
180,675
Wisconsin Electric Power Co.
 
1.70%, 06/15/28
 
159
151,436
3.95%, 03/01/29
 
100
99,923
5.00%, 05/15/29
 
225
231,567
4.15%, 10/15/30
 
370
368,867
4.75%, 09/30/32
 
305
311,018
5.63%, 05/15/33
 
200
213,345
4.60%, 10/01/34
 
185
183,663
Wisconsin Power and Light Co.
 
3.05%, 10/15/27
 
252
248,361
3.00%, 07/01/29
 
229
221,386
1.95%, 09/16/31
 
194
169,884
3.95%, 09/01/32
 
400
385,287
4.95%, 04/01/33
 
190
192,684
5.38%, 03/30/34
 
335
345,758
Wisconsin Public Service Corp.
 
4.55%, 12/01/29
 
220
223,534
4.25%, 01/15/31(a)
 
200
199,778
Xcel Energy, Inc.
 
1.75%, 03/15/27
 
413
402,790
4.75%, 03/21/28
 
175
177,521
4.00%, 06/15/28
 
479
479,223
2.60%, 12/01/29(a)
 
380
358,325
3.40%, 06/01/30
 
350
336,767
2.35%, 11/15/31
 
179
159,090
4.60%, 06/01/32
 
497
494,636
5.45%, 08/15/33
 
500
515,858
5.50%, 03/15/34
 
355
365,351
5.60%, 04/15/35
 
475
490,555
 
 
231,861,311
Electronic Equipment, Instruments & Components — 0.9%
ABB Finance USA, Inc., 3.80%, 04/03/28
 
260
260,284
Acuity Brands Lighting, Inc., 2.15%, 12/15/30
 
250
224,708
Allegion PLC, 3.50%, 10/01/29
 
219
213,747
Allegion U.S. Holding Co., Inc.
 
3.55%, 10/01/27
 
250
247,844
5.41%, 07/01/32
 
328
340,144
Security
 
Par
(000)
Value
Electronic Equipment, Instruments & Components (continued)
Allegion U.S. Holding Co., Inc.(continued)
 
5.60%, 05/29/34
$
225
$ 235,134
Amphenol Corp.
 
5.05%, 04/05/27
 
562
569,562
3.80%, 11/15/27
 
530
529,802
4.38%, 06/12/28
 
502
506,982
3.90%, 11/15/28
 
245
244,834
5.05%, 04/05/29
 
175
180,112
4.35%, 06/01/29
 
350
353,848
2.80%, 02/15/30
 
385
365,763
4.13%, 11/15/30
 
505
501,648
2.20%, 09/15/31
 
597
533,754
4.40%, 02/15/33
 
640
632,357
5.25%, 04/05/34(a)
 
375
388,157
5.00%, 01/15/35
 
500
506,580
4.63%, 02/15/36
 
875
855,025
Arrow Electronics, Inc.
 
3.88%, 01/12/28
 
350
347,698
5.15%, 08/21/29(a)
 
250
255,728
2.95%, 02/15/32
 
329
294,434
5.88%, 04/10/34
 
300
311,954
Avnet, Inc.
 
6.25%, 03/15/28
 
160
165,843
3.00%, 05/15/31
 
165
149,764
5.50%, 06/01/32
 
330
335,919
CDW LLC/CDW Finance Corp.
 
4.25%, 04/01/28
 
379
377,746
3.28%, 12/01/28
 
316
307,735
3.25%, 02/15/29
 
371
358,146
5.10%, 03/01/30
 
378
385,288
3.57%, 12/01/31
 
784
731,951
5.55%, 08/22/34
 
300
304,614
Eaton Capital ULC, 4.45%, 05/09/30
 
200
201,502
Emerson Electric Co.
 
1.80%, 10/15/27
 
400
387,504
2.00%, 12/21/28(a)
 
728
691,606
1.95%, 10/15/30
 
275
249,655
2.20%, 12/21/31
 
650
580,857
5.00%, 03/15/35
 
155
158,336
Flex Ltd.
 
6.00%, 01/15/28
 
236
243,792
4.88%, 06/15/29
 
413
419,414
4.88%, 05/12/30
 
243
246,458
5.25%, 01/15/32
 
500
510,538
5.38%, 11/13/35
 
375
374,404
Honeywell International, Inc.
 
1.10%, 03/01/27
 
629
611,615
4.65%, 07/30/27
 
775
784,626
4.95%, 02/15/28
 
256
261,572
4.25%, 01/15/29
 
536
540,316
2.70%, 08/15/29
 
581
556,150
4.88%, 09/01/29
 
200
205,841
4.70%, 02/01/30
 
625
638,491
1.95%, 06/01/30
 
747
682,206
1.75%, 09/01/31
 
921
805,584
4.95%, 09/01/31
 
200
206,985
4.75%, 02/01/32
 
475
484,745
5.00%, 02/15/33
 
652
670,939
4.50%, 01/15/34
 
616
610,560
5.00%, 03/01/35
 
874
888,197
Hubbell, Inc.
 
3.15%, 08/15/27
 
254
250,592
Schedule of Investments
27

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Electronic Equipment, Instruments & Components (continued)
Hubbell, Inc.(continued)
 
3.50%, 02/15/28
$
250
$ 247,727
2.30%, 03/15/31(a)
 
254
231,819
4.80%, 11/15/35
 
175
173,016
Jabil, Inc.
 
4.25%, 05/15/27
 
305
305,848
3.95%, 01/12/28
 
250
249,545
4.20%, 02/01/29
 
255
254,903
5.45%, 02/01/29
 
75
77,546
3.60%, 01/15/30
 
250
242,038
3.00%, 01/15/31(a)
 
369
342,617
4.75%, 02/01/33
 
335
329,987
Keysight Technologies, Inc.
 
4.60%, 04/06/27
 
450
452,413
3.00%, 10/30/29
 
260
249,207
5.35%, 07/30/30
 
484
503,423
4.95%, 10/15/34
 
382
384,280
TD SYNNEX Corp.
 
2.38%, 08/09/28
 
321
306,286
4.30%, 01/17/29
 
250
249,889
2.65%, 08/09/31
 
273
245,922
6.10%, 04/12/34
 
441
465,156
5.30%, 10/10/35
 
450
445,514
Trimble, Inc.
 
4.90%, 06/15/28
 
450
457,036
6.10%, 03/15/33
 
500
534,577
Tyco Electronics Group SA
 
3.13%, 08/15/27
 
250
247,958
4.63%, 02/01/30
 
225
228,966
4.50%, 02/09/31(a)
 
350
353,156
2.50%, 02/04/32
 
405
363,652
5.00%, 05/09/35
 
375
378,052
4.88%, 02/09/36(c)
 
210
208,878
Vontier Corp.
 
2.40%, 04/01/28
 
200
192,368
2.95%, 04/01/31
 
350
321,135
 
 
33,322,504
Energy Equipment & Services — 0.1%
Baker Hughes Holdings LLC/Baker Hughes Co-
Obligor, Inc.
 
3.34%, 12/15/27
 
699
692,289
3.14%, 11/07/29
 
243
234,700
4.49%, 05/01/30
 
350
353,629
Halliburton Co., 2.92%, 03/01/30(a)
 
611
579,825
NOV, Inc., 3.60%, 12/01/29
 
329
321,729
Schlumberger Investment SA, 2.65%, 06/26/30
 
542
510,797
 
 
2,692,969
Environmental, Maintenance & Security Service — 0.4%
Republic Services, Inc.
 
3.38%, 11/15/27
 
400
397,605
3.95%, 05/15/28
 
492
493,062
4.88%, 04/01/29
 
455
466,399
5.00%, 11/15/29
 
250
258,098
2.30%, 03/01/30
 
444
413,577
4.75%, 07/15/30(a)
 
235
240,230
1.45%, 02/15/31
 
427
372,831
1.75%, 02/15/32(a)
 
605
522,336
2.38%, 03/15/33(a)
 
450
392,275
5.00%, 12/15/33
 
482
495,849
5.00%, 04/01/34
 
400
408,727
5.20%, 11/15/34(a)
 
245
252,593
Security
 
Par
(000)
Value
Environmental, Maintenance & Security Service (continued)
Republic Services, Inc.(continued)
 
5.15%, 03/15/35(a)
$
470
$ 483,654
Veralto Corp.
 
5.35%, 09/18/28
 
325
335,263
5.45%, 09/18/33
 
425
441,922
Waste Connections, Inc.
 
4.25%, 12/01/28
 
200
201,644
3.50%, 05/01/29(a)
 
254
250,374
2.60%, 02/01/30
 
376
355,543
2.20%, 01/15/32
 
479
423,450
3.20%, 06/01/32(a)
 
274
255,043
4.20%, 01/15/33
 
410
400,562
5.00%, 03/01/34
 
575
584,960
5.25%, 09/01/35(a)
 
250
257,858
Waste Management, Inc.
 
4.95%, 07/03/27
 
275
279,369
3.15%, 11/15/27
 
617
610,890
1.15%, 03/15/28
 
374
353,945
4.50%, 03/15/28
 
625
633,826
3.88%, 01/15/29
 
400
399,471
4.88%, 02/15/29
 
575
590,140
2.00%, 06/01/29
 
159
149,178
4.63%, 02/15/30
 
400
407,175
4.65%, 03/15/30
 
425
433,368
1.50%, 03/15/31
 
707
617,721
4.95%, 07/03/31
 
495
511,718
4.80%, 03/15/32
 
525
537,277
4.15%, 04/15/32
 
524
519,013
4.63%, 02/15/33
 
270
272,825
4.88%, 02/15/34
 
766
783,132
4.95%, 03/15/35
 
950
961,453
 
 
16,764,356
Financial Services — 2.4%
AerCap Ireland Capital DAC / AerCap Global Aviation
Trust
 
4.13%, 02/28/29
 
550
548,084
4.75%, 01/15/33
 
550
544,778
AerCap Ireland Capital DAC/AerCap Global Aviation
Trust
 
6.45%, 04/15/27
 
1,300
1,334,238
3.65%, 07/21/27
 
655
651,472
4.63%, 10/15/27
 
300
302,611
3.88%, 01/23/28
 
300
299,179
4.88%, 04/01/28
 
650
660,391
5.75%, 06/06/28
 
610
631,531
3.00%, 10/29/28
 
2,523
2,447,437
5.10%, 01/19/29
 
510
521,896
4.63%, 09/10/29
 
850
858,881
6.15%, 09/30/30
 
1,050
1,119,410
4.38%, 11/15/30
 
420
418,035
5.38%, 12/15/31
 
500
517,021
3.30%, 01/30/32
 
2,800
2,589,346
3.40%, 10/29/33
 
1,100
991,570
5.30%, 01/19/34
 
450
458,150
4.95%, 09/10/34
 
750
746,084
5.00%, 11/15/35
 
490
483,613
Affiliated Managers Group, Inc.
 
3.30%, 06/15/30
 
264
251,731
5.50%, 08/20/34
 
250
255,012
5.50%, 02/15/36
 
275
275,004
Air Lease Corp.
 
3.63%, 04/01/27
 
280
278,492
28

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Financial Services (continued)
Air Lease Corp.(continued)
 
3.63%, 12/01/27
$
130
$ 128,862
5.85%, 12/15/27
 
654
673,850
5.30%, 02/01/28
 
300
305,903
2.10%, 09/01/28
 
213
201,516
4.63%, 10/01/28
 
400
402,917
5.10%, 03/01/29
 
275
280,133
3.25%, 10/01/29
 
413
396,181
3.00%, 02/01/30
 
529
497,328
3.13%, 12/01/30
 
509
474,496
5.20%, 07/15/31
 
325
330,980
2.88%, 01/15/32
 
450
404,784
Ally Financial, Inc.
 
4.75%, 06/09/27
 
500
504,250
7.10%, 11/15/27
 
550
577,500
2.20%, 11/02/28(a)
 
285
270,127
8.00%, 11/01/31
 
1,511
1,711,437
(1-day SOFR + 1.78%), 5.55%, 07/31/33(b)
 
350
351,878
(1-day SOFR + 2.29%), 6.18%, 07/26/35(b)
 
590
608,536
(1-day SOFR + 2.82%), 6.85%, 01/03/30(b)
 
491
519,909
(1-day SOFR + 3.26%), 6.99%, 06/13/29(b)
 
500
527,277
(1-day SOFR Index + 1.73%), 5.54%, 01/17/31(b)
 
305
312,023
(1-day SOFR Index + 1.96%), 5.74%, 05/15/29(b)
 
458
470,028
Ameriprise Financial, Inc.
 
5.70%, 12/15/28
 
375
392,377
4.50%, 05/13/32(a)
 
313
314,953
5.15%, 05/15/33
 
460
475,499
5.20%, 04/15/35(a)
 
475
483,539
Apollo Global Management, Inc.
 
4.60%, 01/15/31(a)
 
425
426,960
6.38%, 11/15/33
 
375
410,255
5.15%, 08/12/35
 
650
647,058
Ares Management Corp., 6.38%, 11/10/28(a)
 
254
267,987
BGC Group, Inc.
 
8.00%, 05/25/28
 
200
213,668
6.60%, 06/10/29
 
325
340,116
6.15%, 04/02/30
 
425
438,740
Blackstone Reg Finance Co. LLC
 
4.30%, 11/03/30(a)
 
270
269,116
5.00%, 12/06/34
 
456
455,300
4.95%, 02/15/36
 
95
93,885
Blue Owl Finance LLC
 
3.13%, 06/10/31
 
398
360,851
4.38%, 02/15/32
 
300
284,299
6.25%, 04/18/34
 
670
690,505
Brookfield Asset Management Ltd.
 
4.65%, 11/15/30
 
375
378,292
5.80%, 04/24/35
 
450
469,088
5.30%, 01/15/36
 
225
224,647
Brookfield Capital Finance LLC, 6.09%, 06/14/33
 
350
372,980
Brookfield Finance I U.K. PLC/Brookfield Finance,
Inc., 2.34%, 01/30/32
 
399
350,457
Brookfield Finance, Inc.
 
3.90%, 01/25/28
 
619
618,237
4.85%, 03/29/29
 
700
712,287
4.35%, 04/15/30
 
413
413,937
2.72%, 04/15/31(a)
 
305
279,634
6.35%, 01/05/34
 
450
486,769
5.68%, 01/15/35
 
400
413,425
5.33%, 01/15/36
 
470
470,559
Carlyle Group, Inc., 5.05%, 09/19/35(a)
 
495
487,032
Cboe Global Markets, Inc.
 
1.63%, 12/15/30
 
259
229,175
Security
 
Par
(000)
Value
Financial Services (continued)
Cboe Global Markets, Inc.(continued)
 
3.00%, 03/16/32
$
217
$ 201,346
Charles Schwab Corp.
 
3.20%, 03/02/27
 
478
474,802
2.45%, 03/03/27
 
943
930,004
3.30%, 04/01/27
 
350
347,870
3.20%, 01/25/28
 
525
519,265
2.00%, 03/20/28(a)
 
754
726,599
4.00%, 02/01/29
 
442
444,238
3.25%, 05/22/29
 
532
519,724
2.75%, 10/01/29
 
379
361,893
4.63%, 03/22/30
 
179
182,894
1.65%, 03/11/31(a)
 
413
362,484
2.30%, 05/13/31
 
663
600,917
1.95%, 12/01/31(a)
 
700
615,432
2.90%, 03/03/32
 
660
605,407
(1-day SOFR + 0.94%), 4.34%, 11/14/31(b)
 
625
624,327
(1-day SOFR + 1.23%), 4.91%, 11/14/36(b)
 
675
669,036
(1-day SOFR + 1.88%), 6.20%, 11/17/29(b)
 
904
955,287
(1-day SOFR + 2.01%), 6.14%, 08/24/34(b)
 
795
863,386
(1-day SOFR + 2.21%), 5.64%, 05/19/29(b)
 
562
583,240
(1-day SOFR + 2.50%), 5.85%, 05/19/34(b)
 
856
912,906
CI Financial Corp., 3.20%, 12/17/30
 
646
586,884
CME Group, Inc.
 
3.75%, 06/15/28
 
433
432,664
4.40%, 03/15/30
 
510
516,694
2.65%, 03/15/32
 
621
567,138
Credit Suisse USA LLC, 7.13%, 07/15/32(a)
 
570
649,425
Eaton Vance Corp., 3.50%, 04/06/27
 
200
199,278
Enact Holdings, Inc., 6.25%, 05/28/29
 
500
524,059
Franklin Resources, Inc., 1.60%, 10/30/30(a)
 
500
443,784
Hercules Capital, Inc., 6.00%, 06/16/30(a)
 
225
227,567
Intercontinental Exchange, Inc.
 
3.10%, 09/15/27
 
284
280,927
4.00%, 09/15/27
 
935
937,564
3.63%, 09/01/28
 
678
672,734
3.75%, 09/21/28
 
576
573,171
3.95%, 12/01/28
 
375
375,304
4.35%, 06/15/29
 
753
760,368
2.10%, 06/15/30(a)
 
787
721,662
4.20%, 03/15/31(a)
 
435
433,947
5.25%, 06/15/31
 
425
443,733
1.85%, 09/15/32
 
938
799,886
4.60%, 03/15/33
 
950
955,167
Janus Henderson U.S. Holdings, Inc., 5.45%,
09/10/34
 
275
276,341
Jefferies Financial Group, Inc.
 
6.45%, 06/08/27(a)
 
250
257,688
5.88%, 07/21/28
 
535
556,064
4.15%, 01/23/30
 
679
669,928
2.63%, 10/15/31
 
629
559,845
2.75%, 10/15/32
 
374
326,628
6.20%, 04/14/34
 
925
972,982
5.50%, 02/15/36
 
475
468,597
KKR & Co., Inc., 5.10%, 08/07/35(a)
 
600
593,945
Lazard Group LLC
 
4.50%, 09/19/28
 
300
302,160
4.38%, 03/11/29
 
379
379,962
6.00%, 03/15/31
 
219
232,331
5.63%, 08/01/35(a)
 
225
230,082
LPL Holdings, Inc.
 
5.70%, 05/20/27
 
490
499,081
4.90%, 04/03/28
 
275
278,993
Schedule of Investments
29

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Financial Services (continued)
LPL Holdings, Inc.(continued)
 
6.75%, 11/17/28
$
550
$ 585,025
5.20%, 03/15/30
 
452
462,164
5.15%, 06/15/30
 
275
280,432
6.00%, 05/20/34
 
300
314,654
5.65%, 03/15/35
 
350
356,648
5.75%, 06/15/35
 
475
487,709
Marex Group PLC
 
5.83%, 05/08/28
 
300
305,507
6.40%, 11/04/29
 
450
468,874
Nasdaq, Inc.
 
5.35%, 06/28/28(a)
 
552
568,673
1.65%, 01/15/31
 
543
480,772
5.55%, 02/15/34
 
728
760,609
Nomura Holdings, Inc.
 
5.59%, 07/02/27(a)
 
400
408,018
5.39%, 07/06/27
 
400
406,582
5.84%, 01/18/28
 
200
206,229
6.07%, 07/12/28
 
550
573,923
2.17%, 07/14/28
 
700
667,456
2.71%, 01/22/29
 
478
457,245
5.61%, 07/06/29
 
400
415,968
3.10%, 01/16/30
 
835
793,822
4.90%, 07/01/30
 
400
405,867
2.68%, 07/16/30
 
510
471,921
2.61%, 07/14/31
 
650
586,964
3.00%, 01/22/32
 
450
409,025
6.18%, 01/18/33
 
600
645,491
6.09%, 07/12/33
 
300
322,078
5.78%, 07/03/34
 
655
689,066
5.49%, 06/29/35(a)
 
400
410,871
(5-year CMT + 1.30%), 5.04%, 06/10/36(b)
 
400
396,725
ORIX Corp.
 
3.70%, 07/18/27
 
400
398,195
5.00%, 09/13/27
 
200
203,154
4.65%, 09/10/29
 
525
534,632
4.45%, 09/09/30
 
225
225,239
2.25%, 03/09/31
 
413
371,744
4.00%, 04/13/32
 
363
351,964
5.20%, 09/13/32(a)
 
400
413,052
5.40%, 02/25/35
 
325
334,356
Radian Group, Inc.
 
4.88%, 03/15/27
 
256
256,979
6.20%, 05/15/29
 
275
288,834
Raymond James Financial, Inc.
 
4.65%, 04/01/30
 
336
342,001
4.90%, 09/11/35
 
405
401,229
Stifel Financial Corp., 4.00%, 05/15/30
 
268
262,726
TPG Operating Group II LP
 
5.88%, 03/05/34
 
426
442,457
5.38%, 01/15/36
 
350
346,450
Voya Financial, Inc.
 
5.00%, 09/20/34
 
285
284,138
(3-mo. SOFR US + 2.35%), 4.70%, 01/23/48(b)
 
200
191,016
 
 
87,799,632
Food Products — 1.3%
Ahold Finance USA LLC, 6.88%, 05/01/29
 
434
469,757
Archer-Daniels-Midland Co.
 
3.25%, 03/27/30
 
700
675,930
2.90%, 03/01/32(a)
 
523
480,730
Security
 
Par
(000)
Value
Food Products (continued)
Archer-Daniels-Midland Co.(continued)
 
4.50%, 08/15/33(a)
$
310
$ 309,110
Bunge Ltd. Finance Corp.
 
4.90%, 04/21/27
 
300
303,124
3.75%, 09/25/27
 
481
479,560
4.10%, 01/07/28
 
225
225,504
4.20%, 09/17/29(a)
 
531
531,433
4.55%, 08/04/30
 
425
428,111
3.20%, 04/21/31
 
400
376,709
2.75%, 05/14/31
 
635
584,439
4.65%, 09/17/34
 
485
475,526
5.15%, 08/04/35
 
425
431,025
Campbells Co., 4.55%, 03/21/31
 
225
223,458
Conagra Brands, Inc.
 
1.38%, 11/01/27
 
597
569,671
7.00%, 10/01/28
 
200
213,508
4.85%, 11/01/28
 
804
814,698
5.00%, 08/01/30
 
300
303,214
8.25%, 09/15/30
 
200
228,749
5.75%, 08/01/35(a)
 
300
304,990
Flowers Foods, Inc.
 
2.40%, 03/15/31
 
350
307,534
5.75%, 03/15/35(a)
 
328
326,216
General Mills, Inc.
 
3.20%, 02/10/27
 
487
483,759
4.20%, 04/17/28
 
829
831,570
5.50%, 10/17/28
 
365
378,263
4.88%, 01/30/30
 
300
306,664
2.88%, 04/15/30
 
487
461,045
2.25%, 10/14/31
 
279
247,720
4.95%, 03/29/33(a)
 
670
677,438
5.25%, 01/30/35(a)
 
500
508,010
Hershey Co.
 
4.55%, 02/24/28
 
220
223,495
4.25%, 05/04/28
 
35
35,304
2.45%, 11/15/29
 
225
212,411
4.75%, 02/24/30
 
125
128,014
1.70%, 06/01/30
 
258
232,992
4.95%, 02/24/32
 
325
335,818
4.50%, 05/04/33
 
302
301,994
5.10%, 02/24/35
 
325
333,431
Hormel Foods Corp.
 
4.80%, 03/30/27
 
235
237,322
1.70%, 06/03/28
 
277
263,691
1.80%, 06/11/30
 
650
587,277
Ingredion, Inc., 2.90%, 06/01/30(a)
 
250
235,855
J.M. Smucker Co.
 
3.38%, 12/15/27
 
250
247,607
5.90%, 11/15/28
 
575
601,860
2.38%, 03/15/30
 
250
232,206
2.13%, 03/15/32
 
379
328,639
6.20%, 11/15/33(a)
 
575
622,240
4.25%, 03/15/35(a)
 
398
375,455
JBS NV/JBS USA Foods Group Holdings Inc/JBS
USA Food Co. Holdings
 
5.95%, 04/20/35
 
500
524,906
5.50%, 01/15/36
 
800
811,751
JBS USA Holding Lux SARL/JBS USA Food Co./JBS
Lux Co. SARL
 
3.00%, 02/02/29
 
322
311,154
3.75%, 12/01/31
 
266
252,663
30

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Food Products (continued)
JBS USA Holding Lux SARL/JBS USA Food Co./JBS
Lux Co. SARL(continued)
 
3.63%, 01/15/32
$
750
$ 703,637
3.00%, 05/15/32
 
588
531,554
5.75%, 04/01/33
 
1,257
1,310,703
6.75%, 03/15/34
 
1,022
1,125,960
Kellanova
 
3.40%, 11/15/27
 
450
446,761
4.30%, 05/15/28
 
379
381,877
2.10%, 06/01/30
 
284
260,307
5.25%, 03/01/33(a)
 
200
207,278
Series B, 7.45%, 04/01/31
 
400
458,139
Kraft Heinz Foods Co.
 
3.88%, 05/15/27
 
888
885,415
4.63%, 01/30/29
 
163
165,136
3.75%, 04/01/30
 
641
626,824
4.25%, 03/01/31
 
263
260,553
5.20%, 03/15/32
 
325
333,773
6.75%, 03/15/32
 
130
143,854
5.40%, 03/15/35
 
325
331,962
5.00%, 07/15/35
 
400
396,522
Kroger Co.
 
3.70%, 08/01/27
 
413
411,608
4.50%, 01/15/29
 
229
232,135
2.20%, 05/01/30
 
393
361,585
1.70%, 01/15/31
 
483
425,439
7.50%, 04/01/31
 
252
286,683
5.00%, 09/15/34
 
1,370
1,370,832
McCormick & Co., Inc.
 
3.40%, 08/15/27
 
350
347,423
2.50%, 04/15/30
 
209
194,343
1.85%, 02/15/31
 
314
277,646
4.95%, 04/15/33(a)
 
300
303,567
4.70%, 10/15/34
 
425
417,547
Mondelez International, Inc.
 
2.63%, 03/17/27
 
545
537,101
4.25%, 05/06/28
 
442
444,175
4.13%, 05/07/28(a)
 
260
260,588
4.75%, 02/20/29
 
275
280,435
2.75%, 04/13/30(a)
 
459
432,617
4.50%, 05/06/30
 
150
151,414
1.50%, 02/04/31
 
240
209,790
3.00%, 03/17/32
 
500
458,892
1.88%, 10/15/32(a)
 
413
355,225
4.75%, 08/28/34
 
325
323,123
5.13%, 05/06/35(a)
 
350
357,483
Pilgrims Pride Corp.
 
4.25%, 04/15/31
 
600
584,995
3.50%, 03/01/32
 
584
540,636
6.25%, 07/01/33
 
550
587,724
6.88%, 05/15/34
 
400
442,150
Sysco Corp.
 
3.25%, 07/15/27
 
549
544,464
5.75%, 01/17/29
 
200
209,113
2.40%, 02/15/30
 
348
324,341
5.95%, 04/01/30
 
781
826,493
5.10%, 09/23/30
 
495
510,210
2.45%, 12/14/31
 
329
295,150
6.00%, 01/17/34
 
200
215,530
5.40%, 03/23/35
 
325
335,842
5.38%, 09/21/35
 
300
308,977
Security
 
Par
(000)
Value
Food Products (continued)
The Campbells Co.
 
5.20%, 03/19/27
$
275
$ 278,479
4.15%, 03/15/28
 
600
600,644
5.20%, 03/21/29
 
275
282,024
2.38%, 04/24/30
 
359
329,912
5.40%, 03/21/34
 
625
633,784
4.75%, 03/23/35(a)
 
588
563,602
Tyson Foods, Inc.
 
3.55%, 06/02/27
 
861
855,915
4.35%, 03/01/29
 
700
703,071
5.40%, 03/15/29
 
475
491,623
5.70%, 03/15/34
 
529
556,744
4.88%, 08/15/34
 
350
348,189
 
 
48,773,068
Ground Transportation — 0.5%
Burlington Northern Santa Fe LLC, 3.25%, 06/15/27
 
298
296,292
Canadian National Railway Co.
 
6.90%, 07/15/28
 
250
267,210
4.20%, 03/12/31
 
175
174,291
3.85%, 08/05/32
 
450
436,201
5.85%, 11/01/33
 
180
194,251
6.25%, 08/01/34
 
401
441,741
4.38%, 09/18/34
 
603
592,239
4.75%, 11/12/35(a)
 
175
174,889
Canadian Pacific Railway Co.
 
4.00%, 06/01/28
 
300
300,362
2.88%, 11/15/29
 
407
390,987
2.05%, 03/05/30
 
179
164,814
4.80%, 03/30/30
 
400
409,013
7.13%, 10/15/31
 
163
184,466
2.45%, 12/02/31
 
972
873,649
5.20%, 03/30/35
 
400
411,048
4.80%, 09/15/35
 
200
199,434
CSX Corp.
 
3.25%, 06/01/27(a)
 
639
634,390
3.80%, 03/01/28
 
457
456,652
4.25%, 03/15/29
 
776
783,015
2.40%, 02/15/30
 
329
307,735
4.10%, 11/15/32(a)
 
650
639,947
5.20%, 11/15/33(a)
 
300
311,507
5.05%, 06/15/35
 
575
584,422
JB Hunt Transport Services, Inc., 4.90%, 03/15/30(a)
 
416
425,254
Kirby Corp., 4.20%, 03/01/28
 
250
250,557
Norfolk Southern Corp.
 
7.80%, 05/15/27
 
260
272,642
3.15%, 06/01/27
 
249
246,633
3.80%, 08/01/28
 
446
444,595
2.55%, 11/01/29
 
107
101,467
5.05%, 08/01/30
 
440
454,636
2.30%, 05/15/31
 
372
336,673
3.00%, 03/15/32
 
174
160,587
4.45%, 03/01/33
 
314
312,112
5.55%, 03/15/34
 
250
262,982
5.10%, 05/01/35
 
350
357,393
Union Pacific Corp.
 
2.15%, 02/05/27
 
367
361,061
3.00%, 04/15/27
 
367
363,767
3.95%, 09/10/28
 
629
630,423
6.63%, 02/01/29(a)
 
288
310,397
3.70%, 03/01/29
 
562
558,225
2.40%, 02/05/30
 
400
374,716
2.38%, 05/20/31
 
533
487,615
Schedule of Investments
31

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Ground Transportation (continued)
Union Pacific Corp.(continued)
 
2.80%, 02/14/32(a)
$
800
$ 736,068
4.50%, 01/20/33
 
662
666,849
3.38%, 02/01/35
 
355
319,544
5.10%, 02/20/35(a)
 
500
514,214
 
 
18,176,965
Health Care Equipment & Supplies — 0.9%
Abbott Laboratories
 
1.15%, 01/30/28
 
338
321,980
1.40%, 06/30/30
 
366
327,792
Agilent Technologies, Inc.
 
4.20%, 09/09/27
 
483
485,224
2.75%, 09/15/29
 
534
510,587
2.10%, 06/04/30
 
360
329,204
2.30%, 03/12/31
 
580
525,623
4.75%, 09/09/34
 
325
323,985
Baxter International, Inc.
 
1.92%, 02/01/27
 
352
344,735
2.27%, 12/01/28
 
780
738,733
4.45%, 02/15/29
 
105
105,303
3.95%, 04/01/30(a)
 
413
403,637
4.90%, 12/15/30
 
415
417,863
1.73%, 04/01/31
 
400
343,848
2.54%, 02/01/32
 
940
820,841
5.65%, 12/15/35(a)
 
650
654,853
Boston Scientific Corp.
 
4.00%, 03/01/28
 
200
200,568
2.65%, 06/01/30
 
771
724,671
Dentsply Sirona, Inc., 3.25%, 06/01/30(a)
 
450
418,687
DH Europe Finance II SARL, 2.60%, 11/15/29
 
366
347,586
Edwards Lifesciences Corp., 4.30%, 06/15/28
 
400
402,708
GE HealthCare Technologies, Inc.
 
5.65%, 11/15/27
 
1,000
1,028,105
4.15%, 12/15/28
 
225
225,646
4.80%, 08/14/29
 
785
800,988
5.86%, 03/15/30
 
750
791,471
4.80%, 01/15/31
 
450
456,943
5.91%, 11/22/32
 
1,000
1,072,740
5.50%, 06/15/35
 
562
579,909
4.95%, 12/15/35
 
440
435,680
Medtronic Global Holdings SCA
 
4.25%, 03/30/28
 
650
654,983
4.50%, 03/30/33
 
705
704,186
Medtronic, Inc., 4.38%, 03/15/35
 
1,238
1,211,845
Revvity, Inc.
 
1.90%, 09/15/28
 
330
311,401
3.30%, 09/15/29
 
529
510,807
2.55%, 03/15/31
 
200
181,476
2.25%, 09/15/31
 
368
324,806
Smith & Nephew PLC
 
5.15%, 03/20/27
 
40
40,449
2.03%, 10/14/30
 
560
503,473
5.40%, 03/20/34
 
390
401,067
Solventum Corp.
 
5.45%, 02/25/27
 
141
143,002
5.40%, 03/01/29(a)
 
614
636,125
5.45%, 03/13/31
 
650
678,017
5.60%, 03/23/34
 
1,084
1,126,686
STERIS Irish FinCo UnLtd Co., 2.70%, 03/15/31
 
484
447,009
Stryker Corp.
 
4.55%, 02/10/27
 
400
402,864
4.70%, 02/10/28
 
400
406,057
Security
 
Par
(000)
Value
Health Care Equipment & Supplies (continued)
Stryker Corp.(continued)
 
3.65%, 03/07/28
$
350
$ 348,474
4.85%, 12/08/28
 
200
204,894
4.25%, 09/11/29
 
500
502,932
4.85%, 02/10/30
 
400
410,411
1.95%, 06/15/30
 
660
600,333
4.63%, 09/11/34
 
496
491,296
5.20%, 02/10/35
 
654
669,663
Thermo Fisher Scientific, Inc.
 
4.80%, 11/21/27(a)
 
387
393,610
1.75%, 10/15/28
 
575
543,695
5.00%, 01/31/29(a)
 
456
469,613
2.60%, 10/01/29
 
680
647,406
4.98%, 08/10/30
 
520
537,247
4.20%, 03/01/31
 
260
259,260
2.00%, 10/15/31(a)
 
863
768,839
4.47%, 10/07/32
 
300
300,426
4.95%, 11/21/32
 
482
496,356
5.09%, 08/10/33
 
683
705,682
5.20%, 01/31/34(a)
 
250
259,295
4.79%, 10/07/35
 
500
497,757
Zimmer Biomet Holdings, Inc.
 
4.70%, 02/19/27
 
225
226,872
5.35%, 12/01/28
 
250
258,462
5.05%, 02/19/30
 
225
231,660
2.60%, 11/24/31
 
561
506,464
5.20%, 09/15/34
 
625
634,750
5.50%, 02/19/35
 
225
231,999
 
 
34,021,559
Health Care Providers & Services — 2.4%
Adventist Health System(a)
 
5.43%, 03/01/32
 
200
205,001
5.76%, 12/01/34
 
300
310,825
Adventist Health System/West, Series 2025, 4.74%,
12/01/30
 
165
165,101
Ascension Health
 
Series 2025, 4.08%, 11/15/28
 
100
100,483
Series 2025, 4.29%, 11/15/30
 
330
330,212
Series 2025, 4.92%, 11/15/35
 
250
249,903
Series B, 2.53%, 11/15/29
 
797
756,071
Banner Health, 2.34%, 01/01/30
 
500
466,186
Baylor Scott & White Holdings, Series 2021, 1.78%,
11/15/30
 
57
51,001
Bon Secours Mercy Health, Inc., 3.46%, 06/01/30
 
130
126,672
Cedars-Sinai Health System, Series 2021, 2.29%,
08/15/31
 
130
117,073
Centene Corp.
 
4.25%, 12/15/27
 
1,612
1,602,856
2.45%, 07/15/28
 
1,318
1,239,800
4.63%, 12/15/29
 
2,258
2,201,001
3.38%, 02/15/30
 
1,332
1,229,148
3.00%, 10/15/30
 
1,230
1,101,187
2.50%, 03/01/31
 
1,432
1,238,083
2.63%, 08/01/31
 
846
726,866
CHRISTUS Health, Series C, 4.34%, 07/01/28
 
100
100,305
Cigna Group
 
3.40%, 03/01/27
 
898
893,099
3.05%, 10/15/27
 
179
176,602
4.38%, 10/15/28
 
2,569
2,589,829
5.00%, 05/15/29
 
600
616,171
2.40%, 03/15/30
 
807
750,925
4.50%, 09/15/30
 
675
679,083
32

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Health Care Providers & Services (continued)
Cigna Group(continued)
 
2.38%, 03/15/31
$
940
$ 851,796
5.13%, 05/15/31
 
500
515,807
4.88%, 09/15/32
 
775
784,067
5.40%, 03/15/33(a)
 
490
509,182
5.25%, 02/15/34
 
750
767,864
5.25%, 01/15/36
 
975
988,025
CommonSpirit Health
 
3.35%, 10/01/29
 
588
569,206
4.35%, 09/01/30
 
475
472,635
2.78%, 10/01/30
 
930
865,602
5.21%, 12/01/31
 
500
515,779
5.32%, 12/01/34
 
450
457,045
4.83%, 09/01/35
 
200
196,521
4.98%, 09/01/35
 
390
384,268
Elevance Health, Inc.
 
3.65%, 12/01/27
 
1,122
1,116,760
4.10%, 03/01/28
 
754
755,172
4.00%, 09/15/28
 
375
374,629
5.15%, 06/15/29
 
360
370,987
2.88%, 09/15/29(a)
 
550
525,368
4.75%, 02/15/30(a)
 
355
361,370
2.25%, 05/15/30
 
626
574,881
2.55%, 03/15/31
 
442
403,405
4.95%, 11/01/31
 
500
509,712
4.10%, 05/15/32
 
358
347,288
4.60%, 09/15/32
 
675
672,854
5.50%, 10/15/32
 
400
418,572
4.75%, 02/15/33
 
600
599,587
5.38%, 06/15/34(a)
 
634
651,246
5.95%, 12/15/34
 
400
425,450
5.20%, 02/15/35
 
590
598,478
5.00%, 01/15/36
 
675
669,163
HCA, Inc.
 
4.50%, 02/15/27
 
384
384,838
3.13%, 03/15/27
 
834
826,177
5.00%, 03/01/28
 
475
483,794
5.20%, 06/01/28(a)
 
653
668,984
5.63%, 09/01/28
 
980
1,009,777
5.88%, 02/01/29
 
600
624,568
3.38%, 03/15/29
 
326
318,524
4.13%, 06/15/29
 
1,480
1,476,791
5.25%, 03/01/30
 
320
330,184
3.50%, 09/01/30
 
1,616
1,553,922
4.30%, 11/15/30
 
350
348,096
5.45%, 04/01/31
 
1,286
1,336,927
2.38%, 07/15/31
 
509
455,640
5.50%, 03/01/32
 
515
536,717
3.63%, 03/15/32
 
1,305
1,230,928
4.60%, 11/15/32
 
555
549,569
5.50%, 06/01/33
 
980
1,016,784
5.60%, 04/01/34
 
672
697,861
5.45%, 09/15/34
 
919
942,790
5.75%, 03/01/35(a)
 
925
967,020
4.90%, 11/15/35
 
485
476,192
Humana, Inc.
 
1.35%, 02/03/27
 
633
616,491
3.95%, 03/15/27
 
350
349,147
5.75%, 03/01/28
 
115
118,269
5.75%, 12/01/28(a)
 
100
103,678
3.70%, 03/23/29
 
410
401,483
3.13%, 08/15/29
 
413
395,238
4.88%, 04/01/30
 
290
292,160
Security
 
Par
(000)
Value
Health Care Providers & Services (continued)
Humana, Inc.(continued)
 
5.38%, 04/15/31
$
905
$ 927,154
2.15%, 02/03/32(a)
 
684
590,284
5.88%, 03/01/33
 
450
465,827
5.95%, 03/15/34
 
496
512,545
5.55%, 05/01/35
 
508
509,084
Icon Investments Six DAC
 
5.81%, 05/08/27
 
350
356,502
5.85%, 05/08/29
 
500
520,805
6.00%, 05/08/34
 
400
420,024
IQVIA, Inc.
 
5.70%, 05/15/28
 
350
360,708
6.25%, 02/01/29
 
671
706,105
Kaiser Foundation Hospitals, 3.15%, 05/01/27
 
679
673,691
Laboratory Corp. of America Holdings
 
3.60%, 09/01/27
 
413
410,919
2.95%, 12/01/29
 
400
382,189
4.35%, 04/01/30
 
375
375,233
2.70%, 06/01/31
 
256
234,939
4.55%, 04/01/32
 
375
374,066
4.80%, 10/01/34
 
575
567,257
Orlando Health Obligated Group, 5.48%, 10/01/35
 
200
208,884
PeaceHealth Obligated Group
 
4.34%, 11/15/28
 
55
55,291
4.86%, 11/15/32
 
270
272,126
Providence St. Joseph Health Obligated Group
 
5.37%, 10/01/32
 
200
206,529
5.40%, 10/01/33
 
300
308,500
Series 19A, 2.53%, 10/01/29
 
743
698,352
Quest Diagnostics, Inc.
 
4.60%, 12/15/27
 
165
166,886
4.20%, 06/30/29
 
363
364,348
4.63%, 12/15/29
 
475
482,542
2.95%, 06/30/30(a)
 
550
520,966
2.80%, 06/30/31
 
329
303,244
6.40%, 11/30/33
 
300
330,457
5.00%, 12/15/34(a)
 
633
637,994
SSM Health Care Corp., 4.89%, 06/01/28
 
250
253,665
Stanford Health Care, Series 2020, 3.31%, 08/15/30
 
250
240,922
Sutter Health
 
Series 2025, 5.21%, 08/15/32
 
105
108,706
Series 2025, 5.54%, 08/15/35
 
315
328,250
Series 20A, 2.29%, 08/15/30
 
517
474,558
UnitedHealth Group, Inc.
 
3.38%, 04/15/27(a)
 
327
325,032
4.60%, 04/15/27
 
220
221,858
3.70%, 05/15/27
 
350
349,257
2.95%, 10/15/27
 
554
546,229
5.25%, 02/15/28
 
525
538,233
3.85%, 06/15/28
 
629
627,377
4.40%, 06/15/28
 
780
787,916
3.88%, 12/15/28(a)
 
500
499,244
4.25%, 01/15/29
 
1,064
1,070,821
4.70%, 04/15/29
 
295
300,755
4.00%, 05/15/29
 
750
749,001
2.88%, 08/15/29
 
716
687,994
4.80%, 01/15/30
 
775
792,545
5.30%, 02/15/30
 
800
833,248
2.00%, 05/15/30
 
736
671,826
4.65%, 01/15/31
 
450
455,610
4.90%, 04/15/31
 
575
589,011
2.30%, 05/15/31
 
1,048
945,037
4.95%, 01/15/32
 
864
883,991
Schedule of Investments
33

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Health Care Providers & Services (continued)
UnitedHealth Group, Inc.(continued)
 
4.20%, 05/15/32
$
950
$ 934,247
5.35%, 02/15/33
 
1,008
1,047,407
4.50%, 04/15/33
 
1,024
1,010,467
5.00%, 04/15/34
 
775
782,131
5.15%, 07/15/34
 
1,300
1,325,535
5.30%, 06/15/35(a)
 
610
627,699
4.63%, 07/15/35
 
1,000
978,884
Universal Health Services, Inc.
 
4.63%, 10/15/29
 
325
326,846
2.65%, 10/15/30
 
550
501,492
2.65%, 01/15/32
 
295
260,693
5.05%, 10/15/34
 
340
332,833
UPMC, 5.04%, 05/15/33
 
614
625,041
 
 
88,766,563
Health Care REITs — 0.6%
Alexandria Real Estate Equities, Inc.
 
3.95%, 01/15/28
 
276
275,329
4.50%, 07/30/29
 
300
301,589
2.75%, 12/15/29
 
286
269,595
4.70%, 07/01/30
 
294
296,482
4.90%, 12/15/30
 
450
457,155
3.38%, 08/15/31
 
479
448,683
2.00%, 05/18/32
 
600
509,199
1.88%, 02/01/33
 
583
478,659
2.95%, 03/15/34
 
522
448,660
4.75%, 04/15/35
 
296
285,676
5.50%, 10/01/35(a)
 
300
305,125
DOC Dr. LLC
 
4.30%, 03/15/27
 
290
290,589
3.95%, 01/15/28
 
254
253,541
2.63%, 11/01/31
 
413
371,157
Healthcare Realty Holdings LP
 
3.75%, 07/01/27
 
312
310,358
3.10%, 02/15/30
 
579
549,304
2.00%, 03/15/31
 
400
351,618
Healthpeak OP LLC
 
1.35%, 02/01/27
 
213
207,608
2.13%, 12/01/28
 
250
236,884
3.50%, 07/15/29
 
531
517,787
3.00%, 01/15/30
 
438
415,603
2.88%, 01/15/31
 
400
371,412
5.25%, 12/15/32
 
330
338,245
4.75%, 01/15/33
 
325
323,327
5.38%, 02/15/35(a)
 
399
405,768
National Health Investors, Inc.
 
3.00%, 02/01/31
 
350
318,915
5.35%, 02/01/33
 
120
120,091
Omega Healthcare Investors, Inc.
 
4.50%, 04/01/27(a)
 
425
426,138
4.75%, 01/15/28
 
413
416,514
3.63%, 10/01/29
 
356
345,199
5.20%, 07/01/30
 
175
178,084
3.38%, 02/01/31
 
582
544,679
3.25%, 04/15/33(a)
 
400
355,046
Sabra Health Care LP
 
3.90%, 10/15/29(a)
 
129
126,280
3.20%, 12/01/31
 
513
469,625
Ventas Realty LP
 
3.85%, 04/01/27
 
268
267,457
4.00%, 03/01/28
 
575
574,654
4.40%, 01/15/29
 
500
502,780
Security
 
Par
(000)
Value
Health Care REITs (continued)
Ventas Realty LP(continued)
 
3.00%, 01/15/30
$
575
$ 547,172
4.75%, 11/15/30
 
279
282,639
2.50%, 09/01/31
 
321
288,705
5.10%, 07/15/32
 
300
308,717
5.63%, 07/01/34
 
175
182,468
5.00%, 01/15/35
 
375
374,134
5.00%, 02/15/36
 
240
237,395
Welltower OP LLC
 
2.70%, 02/15/27
 
380
375,587
4.25%, 04/15/28
 
450
453,054
2.05%, 01/15/29
 
412
390,098
4.13%, 03/15/29
 
229
229,592
3.10%, 01/15/30
 
307
294,341
4.50%, 07/01/30
 
650
656,171
2.75%, 01/15/31
 
495
460,409
2.80%, 06/01/31
 
570
527,428
2.75%, 01/15/32
 
413
375,934
3.85%, 06/15/32
 
231
223,130
5.13%, 07/01/35(a)
 
750
761,511
 
 
20,633,300
Hotels, Restaurants & Leisure — 0.8%
Choice Hotels International, Inc.
 
3.70%, 12/01/29
 
280
273,115
3.70%, 01/15/31(a)
 
300
287,294
5.85%, 08/01/34
 
400
409,382
Darden Restaurants, Inc.
 
3.85%, 05/01/27
 
250
249,451
4.35%, 10/15/27
 
200
201,062
4.55%, 10/15/29
 
200
201,929
6.30%, 10/10/33
 
250
271,576
Hyatt Hotels Corp.
 
5.05%, 03/30/28
 
175
178,303
4.38%, 09/15/28
 
229
229,794
5.25%, 06/30/29
 
321
330,816
5.75%, 04/23/30
 
413
431,842
5.38%, 12/15/31
 
260
267,668
5.75%, 03/30/32
 
275
287,980
5.50%, 06/30/34
 
250
257,734
5.40%, 12/15/35
 
250
250,460
Las Vegas Sands Corp.
 
5.90%, 06/01/27
 
421
428,742
5.63%, 06/15/28
 
543
555,835
3.90%, 08/08/29
 
500
487,251
6.00%, 08/15/29
 
345
359,806
6.00%, 06/14/30
 
150
156,507
6.20%, 08/15/34(a)
 
285
297,224
Marriott International, Inc.
 
4.20%, 07/15/27
 
110
110,360
5.00%, 10/15/27
 
434
440,927
5.55%, 10/15/28
 
542
562,478
4.90%, 04/15/29
 
490
500,880
4.88%, 05/15/29
 
194
198,313
4.80%, 03/15/30
 
418
426,584
4.50%, 10/15/31(a)
 
175
175,298
5.10%, 04/15/32(a)
 
345
354,756
5.30%, 05/15/34
 
630
646,554
5.35%, 03/15/35
 
728
746,229
5.25%, 10/15/35
 
375
379,903
Series AA, 4.65%, 12/01/28
 
150
152,455
Series FF, 4.63%, 06/15/30
 
829
839,798
Series GG, 3.50%, 10/15/32
 
676
630,802
34

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Hotels, Restaurants & Leisure (continued)
Marriott International, Inc.(continued)
 
Series HH, 2.85%, 04/15/31
$
702
$ 651,155
Series II, 2.75%, 10/15/33
 
444
386,964
Series X, 4.00%, 04/15/28
 
431
430,727
McDonalds Corp.
 
3.50%, 03/01/27
 
548
546,100
3.50%, 07/01/27
 
628
625,345
3.80%, 04/01/28
 
677
676,480
4.80%, 08/14/28
 
450
459,208
5.00%, 05/17/29
 
200
205,754
2.63%, 09/01/29
 
573
546,878
2.13%, 03/01/30
 
450
416,257
4.60%, 05/15/30
 
450
457,789
3.60%, 07/01/30(a)
 
574
562,901
4.40%, 02/12/31
 
225
226,435
4.60%, 09/09/32
 
400
406,494
4.95%, 08/14/33(a)
 
375
385,108
5.20%, 05/17/34
 
400
414,157
4.95%, 03/03/35(a)
 
622
627,814
4.70%, 12/09/35
 
500
496,150
5.00%, 02/13/36
 
225
226,668
Sands China Ltd.
 
2.30%, 03/08/27
 
400
390,720
5.40%, 08/08/28
 
1,250
1,274,704
2.85%, 03/08/29
 
400
381,003
4.38%, 06/18/30
 
400
393,443
3.25%, 08/08/31
 
400
370,008
Starbucks Corp.
 
4.85%, 02/08/27
 
610
615,473
2.00%, 03/12/27
 
300
293,870
3.50%, 03/01/28
 
350
346,748
4.50%, 05/15/28
 
434
438,553
4.00%, 11/15/28
 
413
413,318
3.55%, 08/15/29(a)
 
610
599,438
2.25%, 03/12/30
 
457
422,613
4.80%, 05/15/30
 
150
153,126
2.55%, 11/15/30
 
860
796,701
4.90%, 02/15/31
 
400
411,036
3.00%, 02/14/32
 
628
580,067
4.80%, 02/15/33
 
300
303,215
5.00%, 02/15/34
 
400
407,273
5.40%, 05/15/35(a)
 
350
362,798
 
 
30,281,599
Household Durables — 0.1%
DR Horton, Inc.
 
1.40%, 10/15/27
 
379
363,449
4.85%, 10/15/30
 
330
337,606
5.00%, 10/15/34(a)
 
450
453,675
5.50%, 10/15/35
 
400
414,014
Leggett & Platt, Inc.
 
3.50%, 11/15/27
 
250
246,467
4.40%, 03/15/29
 
279
276,070
Lennar Corp.
 
5.00%, 06/15/27
 
218
219,575
4.75%, 11/29/27
 
309
312,047
5.20%, 07/30/30
 
450
463,686
Meritage Homes Corp., 5.65%, 03/15/35
 
314
319,796
NVR, Inc., 3.00%, 05/15/30
 
500
475,058
PulteGroup, Inc.
 
7.88%, 06/15/32
 
200
234,334
Security
 
Par
(000)
Value
Household Durables (continued)
PulteGroup, Inc.(continued)
 
6.38%, 05/15/33(a)
$
100
$ 109,548
Sekisui House U.S., Inc.
 
3.85%, 01/15/30
 
200
192,853
2.50%, 01/15/31
 
130
116,229
Toll Brothers Finance Corp.
 
4.88%, 03/15/27
 
225
226,550
4.35%, 02/15/28(a)
 
225
226,229
3.80%, 11/01/29
 
225
221,566
5.60%, 06/15/35(a)
 
300
311,681
 
 
5,520,433
Household Products — 0.1%
Avery Dennison Corp.
 
4.88%, 12/06/28
 
350
356,611
2.65%, 04/30/30
 
250
233,590
2.25%, 02/15/32
 
363
319,774
5.75%, 03/15/33
 
270
285,531
Church & Dwight Co., Inc.
 
3.15%, 08/01/27
 
250
247,161
2.30%, 12/15/31
 
229
204,178
5.60%, 11/15/32
 
318
337,965
Clorox Co.
 
3.10%, 10/01/27
 
249
245,851
3.90%, 05/15/28
 
264
263,733
4.40%, 05/01/29
 
302
304,955
1.80%, 05/15/30(a)
 
350
316,048
4.60%, 05/01/32
 
400
402,297
Kimberly-Clark Corp.
 
1.05%, 09/15/27
 
150
143,929
3.95%, 11/01/28
 
400
400,516
3.20%, 04/25/29
 
350
342,193
3.10%, 03/26/30
 
500
480,476
2.00%, 11/02/31(a)
 
375
336,084
4.50%, 02/16/33
 
244
246,295
 
 
5,467,187
Industrial Conglomerates — 0.3%
3M Co.
 
2.88%, 10/15/27
 
554
544,704
3.63%, 09/14/28
 
496
492,327
3.38%, 03/01/29
 
551
540,484
2.38%, 08/26/29
 
516
487,241
4.80%, 03/15/30
 
225
229,698
3.05%, 04/15/30
 
350
334,486
5.15%, 03/15/35
 
325
331,755
Eaton Corp.
 
3.10%, 09/15/27
 
272
269,146
4.35%, 05/18/28
 
242
244,528
4.00%, 11/02/32
 
324
317,303
4.15%, 03/15/33
 
978
960,599
Parker-Hannifin Corp.
 
3.25%, 03/01/27
 
482
478,907
4.25%, 09/15/27
 
614
617,465
3.25%, 06/14/29
 
859
836,838
4.50%, 09/15/29
 
332
336,548
4.20%, 11/21/34(a)
 
422
408,886
Pentair Finance SARL(a)
 
4.50%, 07/01/29
 
256
257,139
5.90%, 07/15/32
 
322
341,374
Schedule of Investments
35

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Industrial Conglomerates (continued)
Teledyne Technologies, Inc.
 
2.25%, 04/01/28
$
602
$ 580,777
2.75%, 04/01/31
 
829
768,121
Textron, Inc.
 
3.65%, 03/15/27
 
262
260,777
3.38%, 03/01/28
 
300
295,965
3.90%, 09/17/29
 
200
197,886
3.00%, 06/01/30
 
329
311,788
2.45%, 03/15/31
 
177
160,514
6.10%, 11/15/33
 
210
225,622
5.50%, 05/15/35
 
440
454,343
4.95%, 03/15/36
 
75
74,154
 
 
11,359,375
Insurance — 2.2%
Aegon Ltd., (6-mo. SOFR US + 3.97%), 5.50%,
04/11/48(b)
 
500
506,711
Aflac, Inc., 3.60%, 04/01/30
 
716
703,558
Alleghany Corp., 3.63%, 05/15/30
 
405
396,558
Allstate Corp.
 
5.05%, 06/24/29
 
250
257,725
1.45%, 12/15/30
 
393
343,833
5.25%, 03/30/33
 
450
465,259
5.35%, 06/01/33
 
200
207,904
5.55%, 05/09/35
 
350
365,976
American Financial Group, Inc., 5.00%, 09/23/35
 
300
293,596
American International Group, Inc.
 
4.85%, 05/07/30
 
437
447,779
3.40%, 06/30/30
 
252
243,765
5.13%, 03/27/33
 
590
604,553
3.88%, 01/15/35
 
384
357,679
5.45%, 05/07/35(a)
 
410
424,912
American National Group, Inc.
 
5.00%, 06/15/27
 
200
201,493
5.75%, 10/01/29
 
450
465,665
6.00%, 07/15/35
 
500
503,462
Aon Corp.
 
4.50%, 12/15/28
 
429
434,706
3.75%, 05/02/29
 
575
569,201
2.80%, 05/15/30
 
745
702,856
Aon Corp./Aon Global Holdings PLC
 
2.85%, 05/28/27
 
450
444,053
2.05%, 08/23/31
 
295
260,956
2.60%, 12/02/31
 
286
258,409
5.00%, 09/12/32
 
300
307,210
5.35%, 02/28/33
 
400
414,728
Aon North America, Inc.
 
5.13%, 03/01/27
 
390
394,764
5.15%, 03/01/29
 
789
812,572
5.30%, 03/01/31
 
478
497,635
5.45%, 03/01/34
 
1,052
1,092,490
Arch Capital Group Ltd., 7.35%, 05/01/34
 
200
231,242
Arthur J Gallagher & Co.
 
4.60%, 12/15/27
 
385
389,612
4.85%, 12/15/29
 
515
526,946
2.40%, 11/09/31
 
285
254,446
5.00%, 02/15/32
 
215
219,543
5.50%, 03/02/33
 
235
243,872
6.50%, 02/15/34
 
275
302,470
5.45%, 07/15/34
 
350
361,152
5.15%, 02/15/35
 
975
981,740
Security
 
Par
(000)
Value
Insurance (continued)
Aspen Insurance Holdings Ltd., 5.75%, 07/01/30
$
200
$ 208,728
Assurant, Inc.
 
4.90%, 03/27/28(a)
 
200
202,298
3.70%, 02/22/30
 
250
242,628
2.65%, 01/15/32
 
243
215,591
Assured Guaranty U.S. Holdings, Inc., 3.15%,
06/15/31(a)
 
350
329,043
Athene Holding Ltd.
 
4.13%, 01/12/28
 
800
799,991
6.15%, 04/03/30(a)
 
373
395,176
3.50%, 01/15/31
 
454
430,564
6.65%, 02/01/33
 
300
325,105
5.88%, 01/15/34(a)
 
400
414,885
(5-year CMT + 2.61%), 6.63%, 10/15/54(a)(b)
 
400
400,565
AXA SA, 8.60%, 12/15/30
 
500
585,707
AXIS Specialty Finance LLC
 
3.90%, 07/15/29
 
300
297,187
(5-year CMT + 3.19%), 4.90%, 01/15/40(b)
 
280
272,546
AXIS Specialty Finance PLC, 4.00%, 12/06/27
 
200
199,658
Berkshire Hathaway Finance Corp.
 
2.30%, 03/15/27(a)
 
437
430,459
1.85%, 03/12/30
 
413
380,035
1.45%, 10/15/30(a)
 
495
442,623
2.88%, 03/15/32
 
758
706,612
Brighthouse Financial, Inc.
 
3.70%, 06/22/27
 
400
395,902
5.63%, 05/15/30(a)
 
429
436,493
Brown & Brown, Inc.
 
4.70%, 06/23/28
 
275
278,610
4.50%, 03/15/29(a)
 
268
269,765
4.90%, 06/23/30(a)
 
525
532,010
2.38%, 03/15/31
 
495
444,424
4.20%, 03/17/32
 
458
442,851
5.25%, 06/23/32
 
375
382,310
5.65%, 06/11/34
 
300
308,845
5.55%, 06/23/35
 
649
663,447
Chubb INA Holdings LLC
 
4.65%, 08/15/29
 
450
460,298
1.38%, 09/15/30
 
774
683,062
5.00%, 03/15/34
 
1,160
1,182,639
4.90%, 08/15/35
 
850
850,577
Cincinnati Financial Corp.
 
6.92%, 05/15/28
 
256
272,056
6.13%, 11/01/34
 
200
214,096
CNA Financial Corp.
 
3.45%, 08/15/27
 
266
263,581
3.90%, 05/01/29
 
413
410,321
2.05%, 08/15/30
 
266
240,709
5.50%, 06/15/33
 
400
414,762
5.13%, 02/15/34
 
397
399,218
5.20%, 08/15/35
 
400
400,981
CNO Financial Group, Inc.
 
5.25%, 05/30/29(a)
 
300
305,275
6.45%, 06/15/34
 
450
475,678
Corebridge Financial, Inc.
 
3.65%, 04/05/27
 
891
887,103
3.85%, 04/05/29
 
925
915,119
3.90%, 04/05/32
 
1,075
1,023,239
6.05%, 09/15/33
 
350
374,069
5.75%, 01/15/34
 
650
678,910
36

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Insurance (continued)
Corebridge Financial, Inc.(continued)
 
(5-year CMT + 3.85%), 6.88%, 12/15/52(b)
$
650
$ 667,191
Enstar Group Ltd.
 
4.95%, 06/01/29
 
300
303,349
3.10%, 09/01/31
 
373
334,666
Equitable Holdings, Inc.
 
4.35%, 04/20/28
 
885
889,982
5.59%, 01/11/33(a)
 
484
504,895
Essent Group Ltd., 6.25%, 07/01/29
 
225
235,336
F&G Annuities & Life, Inc.
 
7.40%, 01/13/28
 
300
313,355
6.50%, 06/04/29
 
350
363,746
6.25%, 10/04/34(a)
 
350
352,942
Fairfax Financial Holdings Ltd.
 
4.85%, 04/17/28
 
300
304,208
4.63%, 04/29/30
 
429
431,551
3.38%, 03/03/31
 
300
283,527
5.63%, 08/16/32
 
500
521,940
6.00%, 12/07/33
 
450
477,116
5.75%, 05/20/35
 
300
312,089
Fidelity National Financial, Inc.
 
4.50%, 08/15/28
 
256
257,847
3.40%, 06/15/30
 
355
338,630
2.45%, 03/15/31
 
428
383,058
First American Financial Corp.
 
4.00%, 05/15/30(a)
 
430
416,651
2.40%, 08/15/31
 
442
386,964
5.45%, 09/30/34
 
225
226,123
Globe Life, Inc.
 
4.55%, 09/15/28(a)
 
350
353,584
2.15%, 08/15/30
 
279
253,077
4.80%, 06/15/32
 
260
261,794
5.85%, 09/15/34
 
175
183,614
Hanover Insurance Group, Inc.
 
2.50%, 09/01/30
 
213
194,547
5.50%, 09/01/35
 
350
354,625
Hartford Insurance Group, Inc., 2.80%, 08/19/29
 
413
396,299
Horace Mann Educators Corp.
 
7.25%, 09/15/28
 
50
53,492
4.70%, 10/01/30
 
275
274,008
Jackson Financial, Inc.
 
5.17%, 06/08/27
 
200
202,658
3.13%, 11/23/31(a)
 
379
344,786
5.67%, 06/08/32
 
190
196,570
Kemper Corp.
 
2.40%, 09/30/30(a)
 
250
223,339
3.80%, 02/23/32
 
326
302,238
Lincoln National Corp.
 
3.80%, 03/01/28
 
275
273,518
3.05%, 01/15/30(a)
 
254
242,065
3.40%, 01/15/31
 
376
356,878
3.40%, 03/01/32
 
200
184,958
5.85%, 03/15/34
 
225
234,767
5.35%, 11/15/35
 
350
349,972
Loews Corp.
 
3.20%, 05/15/30(a)
 
349
334,581
6.00%, 02/01/35
 
100
107,524
Manulife Financial Corp.
 
2.48%, 05/19/27
 
179
175,907
3.70%, 03/16/32
 
573
548,562
4.99%, 12/11/35
 
625
623,938
(5-year USD SOFR ICE Swap + 1.65%), 4.06%,
02/24/32(b)
 
413
412,105
Security
 
Par
(000)
Value
Insurance (continued)
Markel Group, Inc., 3.35%, 09/17/29
$
393
$ 380,623
Marsh & McLennan Cos., Inc.
 
4.55%, 11/08/27
 
525
531,035
4.38%, 03/15/29
 
1,071
1,081,438
4.65%, 03/15/30
 
700
712,648
2.25%, 11/15/30
 
560
510,967
4.85%, 11/15/31
 
600
614,318
2.38%, 12/15/31
 
250
224,439
5.75%, 11/01/32
 
374
399,244
5.88%, 08/01/33
 
300
324,969
5.40%, 09/15/33
 
400
418,264
5.15%, 03/15/34
 
200
205,731
5.00%, 03/15/35
 
1,215
1,226,233
Mercury General Corp., 4.40%, 03/15/27
 
50
49,990
MetLife, Inc.
 
4.55%, 03/23/30(a)
 
629
640,934
6.50%, 12/15/32
 
400
446,326
5.38%, 07/15/33
 
512
537,128
6.38%, 06/15/34
 
652
724,136
5.30%, 12/15/34(a)
 
594
615,568
5.70%, 06/15/35
 
666
708,848
Series G, (5-year CMT + 2.08%), 6.35%,
03/15/55(b)
 
570
597,878
NMI Holdings, Inc., 6.00%, 08/15/29
 
275
285,126
Old Republic International Corp., 5.75%, 03/28/34
 
200
207,457
PartnerRe Finance B LLC
 
3.70%, 07/02/29
 
268
262,130
(5-year CMT + 3.82%), 4.50%, 10/01/50(b)
 
354
335,447
Primerica, Inc., 2.80%, 11/19/31
 
424
385,484
Principal Financial Group, Inc.
 
3.70%, 05/15/29
 
289
285,059
2.13%, 06/15/30
 
429
391,144
5.38%, 03/15/33
 
200
207,314
Progressive Corp.
 
2.50%, 03/15/27
 
346
341,069
4.00%, 03/01/29
 
481
481,941
6.63%, 03/01/29
 
257
276,388
3.20%, 03/26/30
 
350
338,124
3.00%, 03/15/32
 
246
226,740
6.25%, 12/01/32
 
186
204,751
4.95%, 06/15/33
 
410
419,112
Prudential Financial, Inc.
 
3.88%, 03/27/28
 
377
377,439
2.10%, 03/10/30(a)
 
453
420,544
5.75%, 07/15/33
 
250
268,949
5.20%, 03/14/35
 
625
637,549
(3-mo. SOFR US + 2.64%), 4.50%, 09/15/47(b)
 
450
444,551
(3-mo. SOFR US + 2.93%), 5.70%, 09/15/48(b)
 
829
838,000
(5-year CMT + 2.85%), 6.75%, 03/01/53(b)
 
700
747,704
(5-year CMT + 3.04%), 3.70%, 10/01/50(b)
 
643
599,579
(5-year CMT + 3.16%), 5.13%, 03/01/52(b)
 
713
704,394
(5-year CMT + 3.23%), 6.00%, 09/01/52(b)
 
666
687,854
Prudential Funding Asia PLC
 
3.13%, 04/14/30
 
823
788,031
3.63%, 03/24/32(a)
 
273
260,968
Reinsurance Group of America, Inc.
 
3.90%, 05/15/29(a)
 
593
588,247
3.15%, 06/15/30
 
550
521,249
6.00%, 09/15/33
 
200
212,715
5.75%, 09/15/34
 
450
468,017
(5-year CMT + 2.39%), 6.65%, 09/15/55(b)
 
400
412,572
RenaissanceRe Holdings Ltd.
 
3.60%, 04/15/29
 
300
294,023
Schedule of Investments
37

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Insurance (continued)
RenaissanceRe Holdings Ltd.(continued)
 
5.75%, 06/05/33
$
490
$ 511,750
5.80%, 04/01/35
 
275
286,508
Selective Insurance Group, Inc., 5.90%, 04/15/35
 
200
209,090
SiriusPoint Ltd., 7.00%, 04/05/29
 
200
211,790
Stewart Information Services Corp., 3.60%, 11/15/31
 
280
252,802
Travelers Cos., Inc., 5.05%, 07/24/35(a)
 
320
324,022
Travelers Property Casualty Corp., 6.38%, 03/15/33
 
250
280,092
Unum Group
 
4.00%, 06/15/29
 
179
177,293
5.25%, 12/15/35
 
150
148,724
Willis North America, Inc.
 
4.65%, 06/15/27
 
631
635,988
4.50%, 09/15/28
 
505
509,113
2.95%, 09/15/29
 
450
429,728
4.55%, 03/15/31(a)
 
375
374,587
5.35%, 05/15/33
 
460
472,806
5.15%, 03/15/36
 
225
224,254
 
 
84,040,289
Interactive Media & Services — 0.9%
Alphabet, Inc.
 
0.80%, 08/15/27
 
261
250,524
3.88%, 11/15/28
 
235
236,035
4.00%, 05/15/30
 
645
645,222
1.10%, 08/15/30
 
1,426
1,257,890
4.10%, 11/15/30
 
1,600
1,601,820
4.38%, 11/15/32
 
810
812,211
4.50%, 05/15/35
 
975
965,676
4.70%, 11/15/35
 
2,175
2,164,216
Baidu, Inc.
 
3.63%, 07/06/27
 
200
199,070
4.38%, 03/29/28
 
350
352,534
4.88%, 11/14/28
 
200
204,284
3.43%, 04/07/30(a)
 
300
290,939
2.38%, 10/09/30(a)
 
200
184,478
2.38%, 08/23/31(a)
 
350
317,290
Meta Platforms, Inc.
 
3.50%, 08/15/27
 
1,874
1,870,946
4.60%, 05/15/28
 
840
855,289
4.30%, 08/15/29
 
620
626,874
4.80%, 05/15/30
 
602
618,296
4.20%, 11/15/30
 
2,550
2,545,097
4.55%, 08/15/31
 
625
633,170
3.85%, 08/15/32
 
1,806
1,744,999
4.60%, 11/15/32
 
2,550
2,554,794
4.95%, 05/15/33
 
1,040
1,059,165
4.75%, 08/15/34(a)
 
1,633
1,629,904
4.88%, 11/15/35
 
4,115
4,065,977
Netflix, Inc.
 
4.88%, 04/15/28
 
914
932,694
5.88%, 11/15/28
 
1,300
1,363,720
6.38%, 05/15/29
 
500
534,708
4.90%, 08/15/34(a)
 
858
871,166
Tencent Music Entertainment Group, 2.00%,
09/03/30
 
250
226,575
Weibo Corp., 3.38%, 07/08/30
 
300
285,362
 
 
31,900,925
Internet Software & Services — 1.0%
Alibaba Group Holding Ltd.
 
3.40%, 12/06/27(a)
 
1,628
1,613,815
4.88%, 05/26/30(a)
 
400
410,900
Security
 
Par
(000)
Value
Internet Software & Services (continued)
Alibaba Group Holding Ltd.(continued)
 
2.13%, 02/09/31
$
900
$ 817,384
4.50%, 11/28/34
 
400
393,569
5.25%, 05/26/35(a)
 
700
725,222
Amazon.com, Inc.
 
3.30%, 04/13/27
 
884
880,587
1.20%, 06/03/27
 
965
935,917
3.15%, 08/22/27
 
2,057
2,042,838
4.55%, 12/01/27
 
1,464
1,488,448
1.65%, 05/12/28
 
1,443
1,379,544
3.90%, 11/20/28
 
1,510
1,515,224
3.45%, 04/13/29
 
1,002
991,667
4.65%, 12/01/29
 
898
921,398
1.50%, 06/03/30
 
1,165
1,049,515
4.10%, 11/20/30
 
1,600
1,600,502
2.10%, 05/12/31
 
1,797
1,621,546
3.60%, 04/13/32
 
1,576
1,524,673
4.70%, 12/01/32
 
1,450
1,487,808
4.35%, 03/20/33
 
930
924,685
4.80%, 12/05/34(a)
 
690
707,189
4.65%, 11/20/35
 
2,250
2,227,251
AppLovin Corp.
 
5.13%, 12/01/29
 
750
769,251
5.38%, 12/01/31
 
490
506,445
5.50%, 12/01/34
 
625
640,341
Booking Holdings, Inc., 3.55%, 03/15/28
 
350
347,049
eBay, Inc.
 
3.60%, 06/05/27
 
613
609,951
5.95%, 11/22/27
 
200
206,596
4.25%, 03/06/29
 
200
200,804
2.70%, 03/11/30
 
685
644,122
2.60%, 05/10/31
 
518
473,082
6.30%, 11/22/32
 
278
304,062
5.13%, 11/06/35(a)
 
275
274,772
Expedia Group, Inc.
 
4.63%, 08/01/27
 
500
503,636
3.80%, 02/15/28(a)
 
620
616,818
3.25%, 02/15/30
 
883
847,461
2.95%, 03/15/31
 
352
327,591
5.40%, 02/15/35
 
650
664,714
JD.com, Inc., 3.38%, 01/14/30(a)
 
478
464,469
MercadoLibre, Inc.
 
3.13%, 01/14/31
 
350
323,729
4.90%, 01/15/33
 
450
445,005
Uber Technologies, Inc.
 
4.30%, 01/15/30
 
696
698,185
4.15%, 01/15/31
 
650
644,605
4.80%, 09/15/34
 
858
852,848
4.80%, 09/15/35
 
750
741,387
VeriSign, Inc.
 
4.75%, 07/15/27
 
279
279,128
2.70%, 06/15/31
 
394
358,168
5.25%, 06/01/32
 
364
373,341
 
 
38,377,242
IT Services — 1.1%
Accenture Capital, Inc.
 
3.90%, 10/04/27
 
727
730,042
4.05%, 10/04/29
 
775
777,390
4.25%, 10/04/31
 
775
774,925
4.50%, 10/04/34
 
1,004
986,520
Amdocs Ltd., 2.54%, 06/15/30
 
400
367,497
38

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
IT Services (continued)
Booz Allen Hamilton, Inc.
 
5.95%, 08/04/33
$
330
$ 343,219
5.95%, 04/15/35(a)
 
425
436,950
Broadridge Financial Solutions, Inc.
 
2.90%, 12/01/29
 
413
392,607
2.60%, 05/01/31
 
681
618,475
CGI, Inc.
 
4.95%, 03/14/30
 
225
227,893
2.30%, 09/14/31
 
213
188,550
DXC Technology Co., 2.38%, 09/15/28(a)
 
329
313,606
Fidelity National Information Services, Inc.
 
1.65%, 03/01/28(a)
 
462
439,732
3.75%, 05/21/29
 
234
229,657
2.25%, 03/01/31(a)
 
388
347,093
5.10%, 07/15/32(a)
 
628
640,329
Fiserv, Inc.
 
5.15%, 03/15/27
 
599
605,551
2.25%, 06/01/27
 
599
584,922
5.45%, 03/02/28
 
664
680,549
5.38%, 08/21/28
 
594
609,888
4.20%, 10/01/28
 
629
628,482
3.50%, 07/01/29
 
1,542
1,498,358
4.75%, 03/15/30(a)
 
325
326,806
2.65%, 06/01/30
 
499
460,887
4.55%, 02/15/31
 
1,005
998,708
5.35%, 03/15/31
 
275
282,182
5.60%, 03/02/33
 
630
648,000
5.63%, 08/21/33
 
724
744,073
5.45%, 03/15/34
 
525
530,484
5.15%, 08/12/34
 
585
578,432
5.25%, 08/11/35(a)
 
600
595,189
Fortinet, Inc., 2.20%, 03/15/31
 
183
164,180
Gartner, Inc.
 
4.95%, 03/20/31
 
100
100,374
5.60%, 11/20/35
 
375
373,981
Genpact Luxembourg SARL/Genpact USA, Inc.,
6.00%, 06/04/29
 
250
262,027
Genpact U.K. Finco PLC/Genpact USA, Inc., 4.95%,
11/18/30
 
175
175,335
IBM International Capital Pte. Ltd.
 
4.60%, 02/05/27
 
400
402,694
4.60%, 02/05/29
 
400
406,444
4.75%, 02/05/31(a)
 
300
305,237
4.90%, 02/05/34
 
600
602,195
International Business Machines Corp.
 
2.20%, 02/09/27
 
200
196,837
1.70%, 05/15/27
 
381
370,957
4.15%, 07/27/27
 
400
401,927
6.22%, 08/01/27
 
250
258,658
4.50%, 02/06/28
 
600
607,511
4.65%, 02/10/28
 
700
710,500
3.50%, 05/15/29
 
1,919
1,887,517
4.80%, 02/10/30
 
800
817,699
1.95%, 05/15/30
 
759
692,157
2.72%, 02/09/32(a)
 
250
227,122
5.00%, 02/10/32(a)
 
500
513,304
4.40%, 07/27/32
 
450
448,542
5.88%, 11/29/32
 
214
230,906
4.75%, 02/06/33
 
500
506,021
5.20%, 02/10/35(a)
 
600
612,837
Kyndryl Holdings, Inc.
 
2.70%, 10/15/28
 
200
192,197
Security
 
Par
(000)
Value
IT Services (continued)
Kyndryl Holdings, Inc.(continued)
 
3.15%, 10/15/31
$
470
$ 428,208
6.35%, 02/20/34(a)
 
260
272,840
Leidos, Inc.
 
4.38%, 05/15/30
 
500
499,407
2.30%, 02/15/31
 
620
558,371
5.40%, 03/15/32
 
320
332,157
5.75%, 03/15/33
 
350
369,360
5.50%, 03/15/35
 
350
363,166
Oracle Corp.
 
4.45%, 09/26/30
 
1,900
1,854,453
4.80%, 09/26/32
 
1,510
1,461,491
5.20%, 09/26/35(a)
 
2,555
2,435,184
Paychex, Inc.
 
5.10%, 04/15/30
 
908
933,277
5.35%, 04/15/32
 
900
930,160
5.60%, 04/15/35
 
735
761,864
 
 
40,254,093
Leisure Products — 0.1%
Brunswick Corp.
 
2.40%, 08/18/31
 
344
303,287
4.40%, 09/15/32(a)
 
265
255,595
Brunswick Corp./DE, 5.85%, 03/18/29(a)
 
250
260,164
Hasbro, Inc.
 
3.50%, 09/15/27
 
363
360,176
3.90%, 11/19/29
 
503
496,138
6.05%, 05/14/34
 
275
291,946
Mattel, Inc., 5.00%, 11/17/30
 
350
353,322
Polaris, Inc.
 
6.95%, 03/15/29
 
254
270,013
5.60%, 03/01/31
 
300
304,628
Royal Caribbean Cruises Ltd.
 
3.70%, 03/15/28
 
450
445,758
5.38%, 01/15/36
 
925
926,379
 
 
4,267,406
Machinery — 1.2%
AGCO Corp.
 
5.45%, 03/21/27
 
300
304,059
5.80%, 03/21/34(a)
 
400
417,339
Caterpillar Financial Services Corp.
 
5.00%, 05/14/27
 
199
202,245
3.60%, 08/12/27(a)
 
400
399,552
1.10%, 09/14/27
 
600
576,009
4.40%, 10/15/27
 
550
556,482
4.60%, 11/15/27
 
634
644,130
3.70%, 01/10/28(a)
 
225
224,979
4.40%, 03/03/28
 
225
227,725
3.95%, 11/14/28
 
650
652,139
4.85%, 02/27/29
 
390
400,777
4.38%, 08/16/29
 
450
456,670
4.70%, 11/15/29
 
675
692,251
4.80%, 01/08/30(a)
 
175
180,697
4.15%, 01/08/31
 
225
224,872
Series K, 4.10%, 08/15/28
 
525
528,816
Caterpillar, Inc.
 
2.60%, 09/19/29(a)
 
298
284,860
2.60%, 04/09/30(a)
 
499
472,146
1.90%, 03/12/31
 
339
305,628
5.20%, 05/15/35
 
1,025
1,060,668
5.30%, 09/15/35(a)
 
100
104,678
CNH Industrial Capital LLC
 
4.50%, 10/08/27
 
343
345,292
Schedule of Investments
39

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Machinery (continued)
CNH Industrial Capital LLC(continued)
 
4.75%, 03/21/28
$
205
$ 207,378
4.55%, 04/10/28
 
600
604,954
5.50%, 01/12/29(a)
 
200
207,019
5.10%, 04/20/29
 
275
281,829
4.50%, 10/16/30
 
250
250,152
4.38%, 03/07/31
 
150
148,749
CNH Industrial NV, 3.85%, 11/15/27
 
350
348,729
Deere & Co.
 
5.38%, 10/16/29
 
308
323,252
3.10%, 04/15/30
 
513
494,050
5.45%, 01/16/35
 
961
1,010,263
Deere Funding Canada Corp., 4.15%, 10/09/30
 
225
224,496
Dover Corp.
 
2.95%, 11/04/29
 
210
201,261
5.38%, 10/15/35(a)
 
150
156,707
Flowserve Corp.
 
3.50%, 10/01/30
 
250
238,832
2.80%, 01/15/32
 
280
251,288
IDEX Corp.
 
4.95%, 09/01/29
 
250
255,252
3.00%, 05/01/30
 
400
378,726
2.63%, 06/15/31
 
399
364,046
Ingersoll Rand, Inc.
 
5.20%, 06/15/27
 
586
595,206
5.40%, 08/14/28
 
374
386,577
5.18%, 06/15/29(a)
 
461
476,631
5.31%, 06/15/31
 
374
389,690
5.70%, 08/14/33(a)
 
390
411,824
5.45%, 06/15/34
 
627
649,704
John Deere Capital Corp.
 
4.85%, 03/05/27
 
125
126,529
2.35%, 03/08/27
 
307
302,626
1.75%, 03/09/27
 
341
334,096
4.90%, 06/11/27(a)
 
400
406,646
4.20%, 07/15/27(a)
 
496
499,813
2.80%, 09/08/27
 
307
302,766
4.15%, 09/15/27
 
950
956,802
3.05%, 01/06/28(a)
 
125
123,548
4.65%, 01/07/28
 
225
228,994
4.75%, 01/20/28(a)
 
600
612,354
4.90%, 03/03/28
 
350
358,249
1.50%, 03/06/28
 
163
155,739
4.95%, 07/14/28
 
1,128
1,159,023
4.50%, 01/16/29
 
506
515,072
3.45%, 03/07/29
 
369
364,139
3.35%, 04/18/29
 
379
372,632
4.85%, 06/11/29
 
565
580,896
2.80%, 07/18/29
 
520
501,223
4.85%, 10/11/29
 
500
516,657
2.45%, 01/09/30(a)
 
225
213,149
4.70%, 06/10/30(a)
 
615
630,297
4.38%, 10/15/30
 
600
606,014
1.45%, 01/15/31
 
145
128,019
4.90%, 03/07/31
 
580
597,924
2.00%, 06/17/31
 
259
231,431
4.40%, 09/08/31(a)
 
668
673,858
3.90%, 06/07/32
 
341
334,040
4.35%, 09/15/32
 
450
450,895
5.10%, 04/11/34
 
625
643,728
5.05%, 06/12/34
 
600
616,751
Series I, 4.25%, 06/05/28
 
425
430,025
Security
 
Par
(000)
Value
Machinery (continued)
John Deere Capital Corp.(continued)
 
Series I, 4.55%, 06/05/30
$
425
$ 432,220
Series I, 5.15%, 09/08/33
 
679
709,564
Kennametal, Inc.
 
4.63%, 06/15/28
 
200
201,711
2.80%, 03/01/31
 
200
183,862
Nordson Corp.
 
5.60%, 09/15/28
 
85
87,980
4.50%, 12/15/29
 
375
377,512
5.80%, 09/15/33
 
275
290,591
nVent Finance SARL
 
4.55%, 04/15/28
 
354
355,884
2.75%, 11/15/31
 
220
197,420
5.65%, 05/15/33
 
274
285,752
Oshkosh Corp., 3.10%, 03/01/30
 
250
238,610
Otis Worldwide Corp.
 
2.29%, 04/05/27
 
340
333,651
5.25%, 08/16/28
 
410
422,094
2.57%, 02/15/30
 
977
915,412
5.13%, 11/19/31(a)
 
437
452,567
5.13%, 09/04/35
 
335
339,213
Regal Rexnord Corp.
 
6.05%, 04/15/28
 
800
829,165
6.30%, 02/15/30
 
700
742,240
6.40%, 04/15/33
 
900
961,601
Rockwell Automation, Inc.
 
3.50%, 03/01/29
 
288
283,881
1.75%, 08/15/31
 
159
139,508
Stanley Black & Decker, Inc.
 
6.00%, 03/06/28(a)
 
244
253,019
4.25%, 11/15/28
 
179
179,451
2.30%, 03/15/30(a)
 
579
532,674
3.00%, 05/15/32(a)
 
258
234,401
Westinghouse Air Brake Technologies Corp.
 
4.70%, 09/15/28
 
871
882,795
4.90%, 05/29/30
 
300
306,271
5.61%, 03/11/34
 
412
431,046
5.50%, 05/29/35
 
300
311,179
Xylem, Inc.
 
1.95%, 01/30/28
 
250
240,994
2.25%, 01/30/31(a)
 
350
317,043
 
 
44,561,875
Media — 1.1%
Charter Communications Operating LLC/Charter
Communications Operating Capital
 
3.75%, 02/15/28
 
599
591,265
4.20%, 03/15/28(a)
 
810
806,952
2.25%, 01/15/29
 
849
797,397
5.05%, 03/30/29
 
829
838,114
6.10%, 06/01/29
 
954
994,998
2.80%, 04/01/31
 
1,037
934,899
2.30%, 02/01/32(a)
 
647
557,752
4.40%, 04/01/33
 
650
610,917
6.65%, 02/01/34
 
750
789,636
6.55%, 06/01/34
 
954
1,000,658
6.38%, 10/23/35
 
1,250
1,281,149
5.85%, 12/01/35(a)
 
800
796,109
Comcast Corp.
 
3.30%, 02/01/27
 
829
825,234
3.30%, 04/01/27
 
309
307,285
3.15%, 02/15/28
 
1,036
1,020,787
3.55%, 05/01/28
 
829
823,496
40

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Media (continued)
Comcast Corp.(continued)
 
4.15%, 10/15/28
$
1,951
$ 1,961,561
4.55%, 01/15/29
 
440
447,319
5.10%, 06/01/29
 
100
103,323
2.65%, 02/01/30
 
1,210
1,141,331
3.40%, 04/01/30
 
936
907,059
4.25%, 10/15/30
 
1,005
1,004,485
1.95%, 01/15/31(a)
 
905
808,976
1.50%, 02/15/31(a)
 
1,300
1,134,273
4.95%, 05/15/32
 
400
408,802
5.50%, 11/15/32
 
650
684,609
4.25%, 01/15/33
 
1,050
1,024,339
4.65%, 02/15/33
 
590
589,203
7.05%, 03/15/33
 
400
456,647
4.80%, 05/15/33
 
640
642,981
5.30%, 06/01/34
 
732
751,672
4.20%, 08/15/34
 
888
845,835
5.30%, 05/15/35(a)
 
500
509,853
5.65%, 06/15/35(a)
 
520
542,825
4.40%, 08/15/35(a)
 
500
475,348
6.50%, 11/15/35
 
400
442,234
FactSet Research Systems, Inc.
 
2.90%, 03/01/27
 
140
138,292
3.45%, 03/01/32
 
330
306,722
Fox Corp.
 
4.71%, 01/25/29
 
1,027
1,041,838
3.50%, 04/08/30
 
350
339,432
6.50%, 10/13/33
 
800
879,134
Paramount Global
 
3.38%, 02/15/28
 
413
401,138
3.70%, 06/01/28
 
413
402,356
4.20%, 06/01/29
 
250
243,144
7.88%, 07/30/30
 
350
376,180
4.95%, 01/15/31
 
673
643,515
4.20%, 05/19/32
 
600
541,605
5.50%, 05/15/33
 
300
283,156
Time Warner Cable Enterprises LLC, 8.38%,
07/15/33
 
450
517,552
TWDC Enterprises 18 Corp.
 
2.95%, 06/15/27
 
632
626,193
7.00%, 03/01/32
 
250
284,185
Walt Disney Co.
 
3.70%, 03/23/27
 
250
249,811
2.20%, 01/13/28(a)
 
629
612,240
2.00%, 09/01/29(a)
 
1,475
1,381,244
3.80%, 03/22/30(a)
 
829
821,364
2.65%, 01/13/31
 
1,686
1,578,029
6.55%, 03/15/33
 
252
283,376
6.20%, 12/15/34
 
488
544,785
6.40%, 12/15/35
 
600
673,192
 
 
41,027,806
Metals & Mining — 0.7%
AngloGold Ashanti Holdings PLC
 
3.38%, 11/01/28
 
450
437,066
3.75%, 10/01/30
 
478
460,210
ArcelorMittal SA
 
6.55%, 11/29/27
 
700
728,795
4.25%, 07/16/29
 
325
325,637
6.80%, 11/29/32(a)
 
666
746,347
6.00%, 06/17/34(a)
 
300
321,135
Security
 
Par
(000)
Value
Metals & Mining (continued)
BHP Billiton Finance USA Ltd.
 
4.75%, 02/28/28
$
686
$ 697,305
5.10%, 09/08/28
 
404
415,354
5.00%, 02/21/30
 
630
648,810
5.25%, 09/08/30
 
600
624,548
5.13%, 02/21/32
 
550
568,715
4.90%, 02/28/33
 
465
473,042
5.25%, 09/08/33
 
814
842,178
5.30%, 02/21/35
 
750
773,846
5.00%, 02/15/36(a)
 
125
126,325
Freeport-McMoRan, Inc.
 
5.00%, 09/01/27
 
329
329,044
4.13%, 03/01/28
 
335
334,379
4.38%, 08/01/28
 
329
328,836
5.25%, 09/01/29
 
329
334,145
4.25%, 03/01/30
 
329
326,815
4.63%, 08/01/30
 
398
401,235
5.40%, 11/14/34
 
500
515,540
Gerdau Trade, Inc., 5.75%, 06/09/35
 
350
361,199
Kinross Gold Corp., 6.25%, 07/15/33
 
270
293,050
Newmont Corp.
 
2.60%, 07/15/32
 
550
498,369
5.88%, 04/01/35
 
364
391,361
Newmont Corp./Newcrest Finance Pty. Ltd.
 
3.25%, 05/13/30
 
358
344,983
5.35%, 03/15/34
 
634
660,129
Nucor Corp.
 
4.30%, 05/23/27
 
366
368,456
3.95%, 05/01/28
 
379
379,164
2.70%, 06/01/30(a)
 
379
356,272
4.65%, 06/01/30
 
325
330,548
3.13%, 04/01/32(a)
 
409
380,397
5.10%, 06/01/35
 
325
331,095
Reliance, Inc., 2.15%, 08/15/30
 
350
318,133
Rio Tinto Alcan, Inc.
 
7.25%, 03/15/31
 
293
332,502
6.13%, 12/15/33
 
501
546,812
Rio Tinto Finance USA Ltd., 7.13%, 07/15/28
 
623
669,004
Rio Tinto Finance USA PLC
 
4.38%, 03/12/27(a)
 
260
261,775
4.50%, 03/14/28
 
525
531,216
4.88%, 03/14/30
 
1,292
1,324,551
5.00%, 03/14/32
 
891
916,616
5.00%, 03/09/33
 
344
352,031
5.25%, 03/14/35
 
1,195
1,227,542
Southern Copper Corp., 7.50%, 07/27/35
 
400
474,049
Steel Dynamics, Inc.
 
1.65%, 10/15/27
 
413
397,670
4.00%, 12/15/28
 
325
324,623
3.45%, 04/15/30
 
450
434,976
3.25%, 01/15/31
 
313
296,719
5.38%, 08/15/34
 
300
308,088
5.25%, 05/15/35
 
470
476,945
Timken Co.
 
4.50%, 12/15/28
 
229
230,724
4.13%, 04/01/32
 
225
215,893
Vale Overseas Ltd.
 
3.75%, 07/08/30
 
1,229
1,186,820
6.13%, 06/12/33
 
950
1,017,370
Yamana Gold, Inc., 2.63%, 08/15/31
 
350
316,664
 
 
27,615,053
Schedule of Investments
41

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Mortgage Real Estate Investment Trusts (REITs) — 0.0%
Ladder Capital Finance Holdings LLLP/Ladder Capital
Finance Corp., 5.50%, 08/01/30(a)
$
300
$ 308,335
Multi-Utilities — 0.6%
Atmos Energy Corp.
 
3.00%, 06/15/27
 
450
445,626
2.63%, 09/15/29
 
396
377,653
1.50%, 01/15/31
 
429
376,584
5.45%, 10/15/32(a)
 
300
316,620
5.90%, 11/15/33
 
400
432,180
5.20%, 08/15/35(a)
 
335
344,481
CenterPoint Energy Resources Corp.
 
5.25%, 03/01/28
 
615
630,460
4.00%, 04/01/28
 
400
400,161
1.75%, 10/01/30
 
359
320,037
4.40%, 07/01/32
 
400
396,963
5.40%, 07/01/34
 
340
350,684
National Fuel Gas Co.
 
3.95%, 09/15/27(a)
 
252
251,196
4.75%, 09/01/28
 
252
255,074
5.50%, 03/15/30
 
490
506,893
2.95%, 03/01/31
 
413
377,605
5.95%, 03/15/35
 
160
167,629
NiSource, Inc.
 
3.49%, 05/15/27
 
853
848,131
5.25%, 03/30/28
 
821
841,557
5.20%, 07/01/29(a)
 
500
515,641
2.95%, 09/01/29
 
629
603,086
3.60%, 05/01/30
 
750
730,763
1.70%, 02/15/31
 
666
585,410
5.40%, 06/30/33
 
410
423,878
5.35%, 04/01/34
 
725
746,696
5.35%, 07/15/35(a)
 
800
815,850
ONE Gas, Inc.
 
5.10%, 04/01/29
 
367
377,876
2.00%, 05/15/30
 
200
182,614
4.25%, 09/01/32
 
300
295,170
Piedmont Natural Gas Co., Inc.
 
3.50%, 06/01/29
 
500
489,720
2.50%, 03/15/31
 
413
377,095
5.40%, 06/15/33
 
160
166,084
5.10%, 02/15/35
 
250
252,920
Southern California Gas Co.
 
2.95%, 04/15/27
 
630
623,564
5.20%, 06/01/33
 
370
380,707
5.05%, 09/01/34
 
1,175
1,190,834
5.45%, 06/15/35
 
1,075
1,116,172
Series XX, 2.55%, 02/01/30
 
629
592,972
Southern Co. Gas Capital Corp.
 
5.15%, 09/15/32
 
350
359,865
5.75%, 09/15/33
 
300
317,239
4.95%, 09/15/34
 
275
275,311
Series 2020-A, 1.75%, 01/15/31
 
373
329,938
Series A, 4.05%, 09/15/28
 
285
285,138
Series B, 5.10%, 09/15/35
 
335
336,654
Southwest Gas Corp.
 
5.80%, 12/01/27
 
300
308,547
5.45%, 03/23/28
 
265
271,803
3.70%, 04/01/28
 
100
99,288
2.20%, 06/15/30
 
329
300,412
Security
 
Par
(000)
Value
Multi-Utilities (continued)
Southwest Gas Corp.(continued)
 
4.05%, 03/15/32
$
425
$ 410,538
Spire Missouri, Inc.
 
4.80%, 02/15/33
 
250
251,949
Series 2034, 5.15%, 08/15/34
 
250
254,899
 
 
21,908,167
Office REITs — 0.3%
Boston Properties LP
 
6.75%, 12/01/27
 
256
267,621
4.50%, 12/01/28(a)
 
629
633,393
3.40%, 06/21/29
 
503
488,528
2.90%, 03/15/30
 
397
372,589
3.25%, 01/30/31
 
829
777,958
2.55%, 04/01/32
 
569
497,283
2.45%, 10/01/33
 
607
501,713
6.50%, 01/15/34
 
587
629,859
5.75%, 01/15/35
 
400
409,329
COPT Defense Properties LP
 
2.00%, 01/15/29
 
130
122,216
4.50%, 10/15/30(a)
 
175
174,472
2.75%, 04/15/31
 
429
392,019
2.90%, 12/01/33
 
250
213,352
Cousins Properties LP
 
5.25%, 07/15/30
 
200
205,209
5.38%, 02/15/32
 
185
190,758
5.88%, 10/01/34
 
400
417,244
Highwoods Realty LP
 
4.13%, 03/15/28
 
163
161,867
3.05%, 02/15/30
 
413
385,583
2.60%, 02/01/31
 
256
229,893
5.35%, 01/15/33
 
250
250,803
7.65%, 02/01/34
 
200
227,263
Kilroy Realty LP
 
4.75%, 12/15/28
 
300
301,553
4.25%, 08/15/29
 
260
255,455
3.05%, 02/15/30
 
329
306,850
2.50%, 11/15/32
 
234
195,463
2.65%, 11/15/33
 
300
245,521
5.88%, 10/15/35
 
250
251,810
6.25%, 01/15/36
 
250
258,232
Piedmont Operating Partnership LP
 
6.88%, 07/15/29
 
150
159,333
3.15%, 08/15/30
 
413
380,833
2.75%, 04/01/32
 
150
129,763
5.63%, 01/15/33
 
175
175,784
 
 
10,209,549
Oil, Gas & Consumable Fuels — 5.3%
Antero Resources Corp., 5.40%, 02/01/36
 
225
223,324
APA Corp.
 
4.25%, 01/15/30
 
296
292,395
6.10%, 02/15/35
 
175
180,211
Boardwalk Pipelines LP
 
4.45%, 07/15/27
 
189
189,882
4.80%, 05/03/29
 
313
317,426
3.40%, 02/15/31
 
350
330,698
3.60%, 09/01/32
 
400
373,609
5.63%, 08/01/34
 
300
313,164
5.38%, 02/15/36
 
185
185,364
42

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Oil, Gas & Consumable Fuels (continued)
BP Capital Markets America, Inc.
 
3.54%, 04/06/27
$
179
$ 178,512
3.59%, 04/14/27
 
456
454,881
5.02%, 11/17/27
 
530
540,688
3.94%, 09/21/28
 
630
630,798
4.23%, 11/06/28
 
1,261
1,270,575
4.70%, 04/10/29
 
600
612,510
4.97%, 10/17/29
 
500
514,661
4.87%, 11/25/29
 
475
487,619
3.63%, 04/06/30
 
829
814,034
1.75%, 08/10/30
 
625
562,117
2.72%, 01/12/32
 
1,263
1,151,908
4.81%, 02/13/33
 
1,450
1,465,427
4.89%, 09/11/33
 
761
771,331
4.99%, 04/10/34
 
650
661,477
5.23%, 11/17/34
 
1,325
1,365,285
BP Capital Markets PLC
 
3.28%, 09/19/27
 
1,113
1,105,080
3.72%, 11/28/28
 
504
501,589
Burlington Resources LLC, 7.20%, 08/15/31
 
250
284,221
Canadian Natural Resources Ltd.
 
3.85%, 06/01/27
 
825
824,300
5.00%, 12/15/29
 
623
640,216
2.95%, 07/15/30(a)
 
413
390,206
7.20%, 01/15/32(a)
 
250
279,588
6.45%, 06/30/33
 
259
281,208
5.40%, 12/15/34(a)
 
323
328,646
5.85%, 02/01/35
 
268
279,524
Cenovus Energy, Inc.
 
4.65%, 03/20/31
 
325
324,619
2.65%, 01/15/32
 
320
286,346
5.40%, 03/20/36(a)
 
325
324,361
Cheniere Corpus Christi Holdings LLC
 
5.13%, 06/30/27
 
905
913,561
3.70%, 11/15/29
 
563
550,918
Cheniere Energy Partners LP
 
4.50%, 10/01/29
 
840
843,464
4.00%, 03/01/31(a)
 
700
681,676
3.25%, 01/31/32
 
726
670,040
5.95%, 06/30/33
 
930
984,911
5.75%, 08/15/34
 
952
992,044
5.55%, 10/30/35(d)
 
580
592,448
Cheniere Energy, Inc.
 
4.63%, 10/15/28
 
598
598,190
5.65%, 04/15/34
 
912
944,526
Chevron Corp.
 
2.00%, 05/11/27
 
798
781,983
2.24%, 05/11/30
 
997
926,067
Chevron USA, Inc.
 
4.41%, 02/26/27
 
524
528,398
1.02%, 08/12/27
 
441
424,060
3.95%, 08/13/27
 
300
301,318
3.85%, 01/15/28
 
501
503,025
4.48%, 02/26/28
 
450
456,566
4.05%, 08/13/28(a)
 
300
302,319
3.25%, 10/15/29
 
350
342,323
4.69%, 04/15/30
 
750
766,965
4.30%, 10/15/30
 
775
782,915
4.82%, 04/15/32
 
450
463,168
4.50%, 10/15/32
 
775
783,340
4.98%, 04/15/35
 
450
459,235
4.85%, 10/15/35(a)
 
500
505,033
CNOOC Finance 2013 Ltd., 2.88%, 09/30/29
 
300
288,834
Security
 
Par
(000)
Value
Oil, Gas & Consumable Fuels (continued)
CNOOC Finance 2015 USA LLC, 4.38%, 05/02/28
$
710
$ 716,659
CNOOC Petroleum North America ULC, 5.88%,
03/10/35
 
400
441,753
ConocoPhillips Co.
 
6.95%, 04/15/29(a)
 
372
404,231
4.70%, 01/15/30
 
625
637,024
4.85%, 01/15/32(a)
 
450
461,931
5.90%, 10/15/32
 
250
270,696
5.05%, 09/15/33
 
622
638,154
5.00%, 01/15/35
 
875
886,871
Continental Resources, Inc., 4.38%, 01/15/28
 
579
579,643
Coterra Energy, Inc.
 
3.90%, 05/15/27
 
300
299,387
4.38%, 03/15/29
 
279
280,611
5.60%, 03/15/34
 
275
284,380
5.40%, 02/15/35(a)
 
576
586,484
DCP Midstream Operating LP
 
5.63%, 07/15/27
 
200
203,634
5.13%, 05/15/29
 
502
513,677
8.13%, 08/16/30
 
300
346,534
3.25%, 02/15/32
 
260
239,203
Devon Energy Corp.
 
5.25%, 10/15/27(a)
 
200
199,952
5.88%, 06/15/28
 
538
538,191
4.50%, 01/15/30
 
288
289,499
7.88%, 09/30/31(a)
 
350
404,925
7.95%, 04/15/32
 
284
330,788
5.20%, 09/15/34(a)
 
850
857,286
Diamondback Energy, Inc.
 
5.20%, 04/18/27
 
418
423,828
3.50%, 12/01/29
 
829
805,418
5.15%, 01/30/30
 
318
327,272
3.13%, 03/24/31
 
470
440,440
6.25%, 03/15/33
 
720
776,588
5.40%, 04/18/34
 
790
809,701
5.55%, 04/01/35
 
775
797,541
Eastern Energy Gas Holdings LLC, 5.80%,
01/15/35(a)
 
425
449,181
Eastern Gas Transmission & Storage, Inc., 3.00%,
11/15/29
 
179
171,836
Enbridge, Inc.
 
5.25%, 04/05/27
 
525
532,267
3.70%, 07/15/27
 
529
526,972
4.60%, 06/20/28(a)
 
375
380,118
6.00%, 11/15/28
 
570
598,829
4.20%, 11/20/28
 
325
325,938
5.30%, 04/05/29
 
480
495,344
3.13%, 11/15/29
 
760
729,762
4.90%, 06/20/30
 
480
490,174
6.20%, 11/15/30
 
571
613,611
4.50%, 02/15/31
 
325
324,976
5.70%, 03/08/33
 
1,570
1,646,521
2.50%, 08/01/33
 
760
652,026
5.63%, 04/05/34
 
1,185
1,234,499
5.55%, 06/20/35
 
550
567,548
5.20%, 11/20/35
 
325
326,140
Energy Transfer LP
 
4.40%, 03/15/27
 
500
501,804
4.20%, 04/15/27
 
507
507,862
5.50%, 06/01/27
 
650
659,943
4.00%, 10/01/27
 
500
500,046
5.55%, 02/15/28
 
562
577,916
4.95%, 05/15/28
 
675
686,045
Schedule of Investments
43

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Oil, Gas & Consumable Fuels (continued)
Energy Transfer LP(continued)
 
4.95%, 06/15/28(a)
$
731
$ 743,907
6.10%, 12/01/28
 
90
94,572
5.25%, 04/15/29(a)
 
943
970,073
5.25%, 07/01/29
 
580
597,882
4.15%, 09/15/29
 
416
414,499
5.20%, 04/01/30
 
484
499,272
3.75%, 05/15/30
 
979
953,661
6.40%, 12/01/30
 
561
607,138
4.55%, 01/15/31
 
650
649,413
5.75%, 02/15/33
 
976
1,023,580
6.55%, 12/01/33
 
830
908,233
5.55%, 05/15/34
 
850
874,574
5.60%, 09/01/34
 
800
823,795
4.90%, 03/15/35
 
400
391,451
5.70%, 04/01/35(a)
 
750
776,434
5.35%, 01/15/36
 
650
649,151
Eni USA, Inc., 7.30%, 11/15/27
 
301
318,255
Enterprise Products Operating LLC
 
3.95%, 02/15/27
 
209
209,120
4.30%, 06/20/28(a)
 
555
559,761
4.15%, 10/16/28
 
879
884,508
3.13%, 07/31/29
 
410
397,974
2.80%, 01/31/30
 
868
824,909
4.60%, 01/15/31
 
1,100
1,114,122
5.35%, 01/31/33
 
600
626,025
4.85%, 01/31/34
 
708
713,994
4.95%, 02/15/35
 
871
880,272
5.20%, 01/15/36
 
915
930,466
(3-mo. CME Term SOFR + 2.83%), 5.38%,
02/15/78(b)
 
250
248,792
Series D, 6.88%, 03/01/33
 
400
453,377
Series E, (3-mo. CME Term SOFR + 3.29%),
5.25%, 08/16/77(b)
 
620
617,647
EOG Resources, Inc.
 
4.40%, 07/15/28
 
525
531,283
4.38%, 04/15/30
 
535
538,339
4.40%, 01/15/31
 
495
495,894
5.00%, 07/15/32
 
575
589,365
3.90%, 04/01/35
 
420
390,385
5.35%, 01/15/36
 
800
820,975
EQT Corp.
 
3.90%, 10/01/27(a)
 
660
657,662
5.70%, 04/01/28
 
313
322,756
4.50%, 01/15/29(a)
 
480
482,259
5.00%, 01/15/29
 
230
233,970
7.00%, 02/01/30
 
571
620,418
7.50%, 06/01/30
 
300
330,158
4.75%, 01/15/31
 
700
703,190
5.75%, 02/01/34
 
475
495,571
Equinor ASA
 
4.25%, 06/02/28
 
800
807,980
3.63%, 09/10/28
 
600
598,888
3.13%, 04/06/30
 
829
798,388
2.38%, 05/22/30
 
479
446,326
4.50%, 09/03/30
 
325
328,779
5.13%, 06/03/35
 
575
588,541
4.75%, 11/14/35
 
675
670,060
Expand Energy Corp.
 
5.38%, 02/01/29
 
396
396,223
5.38%, 03/15/30
 
800
814,035
4.75%, 02/01/32
 
670
664,148
5.70%, 01/15/35
 
510
527,442
Security
 
Par
(000)
Value
Oil, Gas & Consumable Fuels (continued)
Exxon Mobil Corp.
 
3.29%, 03/19/27
$
660
$ 657,580
2.44%, 08/16/29(a)
 
759
726,104
3.48%, 03/19/30
 
1,397
1,367,378
2.61%, 10/15/30
 
1,226
1,150,028
Helmerich & Payne, Inc.
 
4.65%, 12/01/27
 
100
100,729
4.85%, 12/01/29(a)
 
200
202,238
2.90%, 09/29/31(a)
 
350
316,155
5.50%, 12/01/34(a)
 
370
366,359
Hess Corp.
 
4.30%, 04/01/27
 
657
659,610
7.88%, 10/01/29
 
150
168,849
7.30%, 08/15/31
 
383
438,368
7.13%, 03/15/33
 
450
518,021
HF Sinclair Corp.
 
5.00%, 02/01/28
 
292
292,114
4.50%, 10/01/30
 
200
197,826
5.75%, 01/15/31
 
335
347,197
5.50%, 09/01/32
 
355
363,073
6.25%, 01/15/35
 
525
549,143
Kinder Morgan Energy Partners LP
 
7.30%, 08/15/33
 
300
344,824
5.80%, 03/15/35
 
367
386,896
Kinder Morgan, Inc.
 
4.30%, 03/01/28
 
837
842,192
5.00%, 02/01/29
 
710
728,626
5.10%, 08/01/29
 
375
386,447
5.15%, 06/01/30(a)
 
753
779,198
2.00%, 02/15/31
 
523
469,125
7.80%, 08/01/31
 
350
405,886
7.75%, 01/15/32
 
529
615,388
4.80%, 02/01/33
 
562
563,296
5.20%, 06/01/33
 
1,012
1,041,283
5.40%, 02/01/34
 
808
835,908
5.30%, 12/01/34
 
602
615,092
5.85%, 06/01/35(a)
 
400
423,287
Marathon Petroleum Corp.
 
3.80%, 04/01/28
 
479
476,746
5.15%, 03/01/30
 
582
599,198
5.70%, 03/01/35(a)
 
650
671,797
MPLX LP
 
4.13%, 03/01/27
 
829
829,652
4.25%, 12/01/27
 
409
410,213
4.00%, 03/15/28
 
829
828,632
4.80%, 02/15/29
 
500
507,679
2.65%, 08/15/30
 
935
866,913
4.80%, 02/15/31
 
770
778,623
4.95%, 09/01/32
 
656
660,794
5.00%, 01/15/33
 
525
526,124
5.00%, 03/01/33
 
605
606,610
5.50%, 06/01/34
 
1,050
1,072,340
5.40%, 04/01/35(a)
 
711
718,097
5.40%, 09/15/35
 
875
882,146
Northwest Pipeline LLC, 4.00%, 04/01/27
 
368
368,053
Occidental Petroleum Corp.
 
8.88%, 07/15/30
 
600
692,433
6.63%, 09/01/30
 
754
810,673
6.13%, 01/01/31
 
532
562,456
7.50%, 05/01/31
 
500
563,149
7.88%, 09/15/31
 
252
289,502
5.38%, 01/01/32
 
740
760,621
5.55%, 10/01/34(a)
 
880
899,528
44

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Oil, Gas & Consumable Fuels (continued)
ONEOK, Inc.
 
4.00%, 07/13/27
$
250
$ 249,856
4.25%, 09/24/27
 
750
752,776
4.55%, 07/15/28
 
413
416,564
5.65%, 11/01/28
 
500
519,163
4.35%, 03/15/29
 
459
460,538
5.38%, 06/01/29(a)
 
270
278,424
3.40%, 09/01/29
 
489
474,700
4.40%, 10/15/29
 
372
373,018
3.10%, 03/15/30
 
300
284,705
3.25%, 06/01/30
 
225
214,328
5.80%, 11/01/30
 
425
447,424
6.35%, 01/15/31
 
495
530,859
4.75%, 10/15/31
 
608
610,787
4.95%, 10/15/32
 
575
577,791
6.10%, 11/15/32
 
620
662,817
6.05%, 09/01/33
 
700
741,770
5.65%, 09/01/34
 
350
360,621
5.05%, 11/01/34
 
1,100
1,088,249
6.00%, 06/15/35
 
600
634,596
5.40%, 10/15/35
 
675
680,370
Ovintiv, Inc.
 
5.65%, 05/15/28
 
450
464,154
8.13%, 09/15/30
 
180
205,684
7.20%, 11/01/31
 
145
160,333
7.38%, 11/01/31
 
313
349,535
6.25%, 07/15/33(a)
 
370
392,893
6.50%, 08/15/34(a)
 
400
430,835
Patterson-UTI Energy, Inc.
 
3.95%, 02/01/28
 
250
247,496
5.15%, 11/15/29
 
300
303,514
7.15%, 10/01/33
 
300
323,050
Phillips 66
 
3.90%, 03/15/28
 
522
520,931
2.15%, 12/15/30
 
661
596,539
4.65%, 11/15/34
 
650
635,655
Phillips 66 Co.
 
4.95%, 12/01/27(a)
 
520
528,824
3.75%, 03/01/28
 
352
350,231
3.15%, 12/15/29
 
405
389,936
5.25%, 06/15/31
 
1,020
1,057,251
5.30%, 06/30/33
 
655
672,844
4.95%, 03/15/35(a)
 
464
460,989
Pioneer Natural Resources Co.
 
1.90%, 08/15/30
 
926
840,256
2.15%, 01/15/31
 
550
499,315
Plains All American Pipeline LP, 5.95%, 06/15/35
 
650
678,036
Plains All American Pipeline LP/PAA Finance Corp.
 
3.55%, 12/15/29
 
553
538,765
3.80%, 09/15/30
 
458
445,918
4.70%, 01/15/31
 
530
532,983
5.70%, 09/15/34
 
500
515,824
5.60%, 01/15/36
 
615
623,684
Sabine Pass Liquefaction LLC
 
5.00%, 03/15/27
 
879
884,307
4.20%, 03/15/28
 
829
831,067
4.50%, 05/15/30
 
1,235
1,241,674
Shell Finance U.S., Inc.
 
3.88%, 11/13/28(d)
 
979
981,980
2.38%, 11/07/29
 
729
688,547
2.75%, 04/06/30
 
997
945,437
4.13%, 11/06/30
 
400
399,461
Security
 
Par
(000)
Value
Oil, Gas & Consumable Fuels (continued)
Shell Finance U.S., Inc.(continued)
 
4.13%, 05/11/35
$
750
$ 718,503
4.75%, 01/06/36
 
200
198,454
Shell International Finance BV
 
2.38%, 11/07/29
 
250
236,163
2.75%, 04/06/30
 
250
237,296
South Bow USA Infrastructure Holdings LLC
 
4.91%, 09/01/27
 
479
483,867
5.03%, 10/01/29
 
680
690,541
5.58%, 10/01/34
 
820
826,766
Suncor Energy, Inc.
 
7.15%, 02/01/32
 
200
224,595
5.95%, 12/01/34
 
384
405,438
Targa Resources Corp.
 
5.20%, 07/01/27
 
450
456,954
4.35%, 01/15/29
 
325
326,667
6.15%, 03/01/29
 
298
313,959
4.90%, 09/15/30
 
450
459,126
4.20%, 02/01/33
 
374
357,876
6.13%, 03/15/33
 
256
273,444
6.50%, 03/30/34
 
452
494,199
5.50%, 02/15/35
 
700
717,048
5.55%, 08/15/35
 
1,125
1,152,455
Targa Resources Partners LP/Targa Resources
Partners Finance Corp.
 
5.00%, 01/15/28
 
425
425,331
5.50%, 03/01/30
 
396
403,391
4.88%, 02/01/31
 
684
690,415
4.00%, 01/15/32
 
684
656,250
TC PipeLines LP, 3.90%, 05/25/27
 
285
284,390
Tennessee Gas Pipeline Co. LLC, 7.00%, 10/15/28
 
300
322,454
Texas Eastern Transmission LP, 7.00%, 07/15/32
 
256
287,270
TotalEnergies Capital International SA
 
3.46%, 02/19/29
 
877
865,931
2.83%, 01/10/30
 
876
838,222
TotalEnergies Capital SA
 
3.88%, 10/11/28
 
702
703,598
5.15%, 04/05/34
 
750
775,775
4.72%, 09/10/34
 
525
527,278
TotalEnergies Capital USA LLC
 
4.25%, 01/13/31
 
950
950,074
4.57%, 01/13/33
 
800
799,386
4.86%, 01/13/36
 
500
496,985
TransCanada PipeLines Ltd.
 
4.25%, 05/15/28(a)
 
901
904,199
4.10%, 04/15/30
 
929
919,237
4.63%, 03/01/34
 
804
785,021
5.60%, 03/31/34
 
200
207,176
Transcontinental Gas Pipe Line Co. LLC
 
4.00%, 03/15/28
 
220
220,102
3.25%, 05/15/30
 
450
432,612
5.10%, 03/15/36(d)
 
60
60,191
Valero Energy Corp.
 
2.15%, 09/15/27
 
277
269,103
4.35%, 06/01/28
 
498
500,841
4.00%, 04/01/29
 
290
288,398
5.15%, 02/15/30(a)
 
470
483,948
2.80%, 12/01/31
 
179
163,642
7.50%, 04/15/32
 
545
626,008
Valero Energy Partners LP, 4.50%, 03/15/28
 
341
343,813
Viper Energy Partners LLC
 
4.90%, 08/01/30(a)
 
320
323,943
Schedule of Investments
45

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Oil, Gas & Consumable Fuels (continued)
Viper Energy Partners LLC(continued)
 
5.70%, 08/01/35
$
695
$ 706,985
Western Midstream Operating LP
 
4.50%, 03/01/28
 
200
201,092
4.75%, 08/15/28
 
200
202,520
6.35%, 01/15/29
 
260
274,196
4.05%, 02/01/30
 
756
741,268
4.80%, 03/01/31
 
375
374,941
6.15%, 04/01/33
 
450
475,484
5.45%, 11/15/34
 
570
573,987
5.50%, 12/15/35
 
385
383,236
Williams Cos., Inc.
 
3.75%, 06/15/27
 
818
815,988
5.30%, 08/15/28
 
600
618,343
4.90%, 03/15/29
 
682
697,639
4.80%, 11/15/29
 
125
127,557
4.63%, 06/30/30
 
480
485,095
3.50%, 11/15/30
 
629
603,992
2.60%, 03/15/31
 
1,203
1,100,686
8.75%, 03/15/32
 
300
362,720
4.65%, 08/15/32
 
600
600,245
5.65%, 03/15/33
 
600
627,592
5.15%, 03/15/34
 
802
813,219
5.60%, 03/15/35
 
734
762,202
5.30%, 09/30/35
 
450
456,691
5.15%, 03/15/36
 
700
696,799
Woodside Finance Ltd.
 
4.90%, 05/19/28
 
300
304,596
5.40%, 05/19/30
 
750
771,634
5.70%, 05/19/32
 
270
282,158
5.10%, 09/12/34
 
871
861,332
6.00%, 05/19/35
 
750
780,208
 
 
199,194,921
Paper & Forest Products — 0.1%
Celulosa Arauco y Constitucion SA, 3.88%, 11/02/27
 
200
198,028
Georgia-Pacific LLC
 
7.75%, 11/15/29(a)
 
254
286,686
8.88%, 05/15/31
 
219
264,581
International Paper Co., 5.00%, 09/15/35
 
300
299,298
Suzano Austria GmbH
 
2.50%, 09/15/28
 
250
238,016
6.00%, 01/15/29
 
1,128
1,164,717
5.00%, 01/15/30
 
900
902,272
3.75%, 01/15/31
 
809
763,844
3.13%, 01/15/32(a)
 
600
538,773
Suzano Netherlands BV, 5.50%, 01/15/36
 
700
696,365
 
 
5,352,580
Passenger Airlines — 0.2%
American Airlines Pass-Through Trust
 
Series 2015-1, Class A, 3.38%, 11/01/28
 
321
315,597
Series 2016-1, Class AA, 3.58%, 07/15/29
 
219
216,055
Series 2016-2, Class AA, 3.20%, 12/15/29(a)
 
241
235,747
Series 2017-1, Class AA, 3.65%, 02/15/29
 
207
203,101
Series 2017-2, Class AA, 3.35%, 04/15/31
 
386
374,259
Series 2019-1, Class AA, 3.15%, 08/15/33(a)
 
441
418,786
Series 2021-1, Class A, 2.88%, 01/11/36
 
406
368,806
Delta Air Lines 2020-1 Class AA Pass Through Trust,
Class AA, 2.00%, 12/10/29
 
195
187,866
Delta Air Lines, Inc.
 
4.38%, 04/19/28
 
300
300,750
4.95%, 07/10/28
 
765
778,135
Security
 
Par
(000)
Value
Passenger Airlines (continued)
Delta Air Lines, Inc.(continued)
 
3.75%, 10/28/29
$
300
$ 293,505
5.25%, 07/10/30
 
538
551,119
JetBlue Pass-Through Trust
 
Series 1A, 4.00%, 05/15/34
 
336
320,799
Series 2019-1, Class AA, 2.75%, 11/15/33
 
252
224,909
Southwest Airlines Co.
 
5.13%, 06/15/27
 
1,227
1,241,879
4.38%, 11/15/28
 
475
477,590
2.63%, 02/10/30
 
359
334,063
5.25%, 11/15/35
 
475
464,622
United Airlines Pass-Through Trust
 
Series 2016-1, Class AA, 3.10%, 01/07/30
 
228
221,941
Series 2018-1, Class AA, 3.50%, 09/01/31
 
176
172,249
Series 2019-1, Class AA, 4.15%, 02/25/33(a)
 
286
280,846
Series 2019-2, Class AA, 2.70%, 11/01/33(a)
 
290
269,055
Series 2020-1, Class A, 5.88%, 04/15/29(a)
 
485
495,351
 
 
8,747,030
Personal Care Products — 0.6%
Colgate-Palmolive Co.
 
3.10%, 08/15/27
 
102
101,243
4.60%, 03/01/28
 
344
349,782
4.20%, 05/01/30
 
290
292,140
3.25%, 08/15/32
 
302
284,689
4.60%, 03/01/33
 
344
350,019
Estee Lauder Cos., Inc.
 
3.15%, 03/15/27
 
179
177,656
4.38%, 05/15/28
 
360
363,131
2.38%, 12/01/29
 
411
385,408
2.60%, 04/15/30
 
413
388,167
1.95%, 03/15/31(a)
 
293
261,387
4.65%, 05/15/33
 
450
450,787
5.00%, 02/14/34(a)
 
450
456,570
Haleon U.S. Capital LLC
 
3.38%, 03/24/27
 
1,400
1,391,091
3.38%, 03/24/29
 
600
587,001
3.63%, 03/24/32
 
1,212
1,153,850
Kenvue, Inc.
 
5.05%, 03/22/28
 
615
628,426
5.00%, 03/22/30
 
660
679,004
4.85%, 05/22/32
 
450
459,386
4.90%, 03/22/33(a)
 
720
733,268
Procter & Gamble Co.
 
1.90%, 02/01/27
 
500
491,609
2.80%, 03/25/27
 
330
327,118
2.85%, 08/11/27
 
413
408,699
3.95%, 01/26/28
 
250
252,061
4.35%, 01/29/29(a)
 
275
280,280
4.15%, 10/24/29
 
200
202,489
3.00%, 03/25/30
 
985
949,451
4.05%, 05/01/30
 
500
502,604
1.20%, 10/29/30
 
797
702,193
1.95%, 04/23/31
 
529
477,726
2.30%, 02/01/32(a)
 
280
255,285
4.10%, 11/03/32
 
300
297,546
4.05%, 01/26/33(a)
 
650
647,456
4.55%, 01/29/34
 
427
432,154
5.80%, 08/15/34(a)
 
275
299,336
4.55%, 10/24/34(a)
 
300
302,506
4.60%, 05/01/35
 
500
503,747
4.35%, 11/03/35
 
300
293,906
46

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Personal Care Products (continued)
Unilever Capital Corp.
 
2.90%, 05/05/27
$
790
$ 782,824
4.25%, 08/12/27
 
585
589,485
3.50%, 03/22/28
 
600
596,464
4.88%, 09/08/28
 
400
410,263
2.13%, 09/06/29
 
555
521,955
1.38%, 09/14/30
 
427
380,233
1.75%, 08/12/31
 
450
396,427
5.90%, 11/15/32
 
723
789,375
5.00%, 12/08/33
 
600
620,880
4.63%, 08/12/34
 
850
853,401
 
 
23,060,478
Pharmaceuticals — 3.5%
AbbVie, Inc.
 
4.80%, 03/15/27
 
1,624
1,641,233
4.65%, 03/15/28
 
1,000
1,016,372
4.25%, 11/14/28
 
1,181
1,192,816
4.80%, 03/15/29
 
1,176
1,204,346
3.20%, 11/21/29
 
3,658
3,548,957
4.88%, 03/15/30
 
400
411,479
4.95%, 03/15/31(a)
 
1,181
1,219,566
5.05%, 03/15/34
 
1,672
1,713,297
4.55%, 03/15/35
 
1,072
1,053,746
5.20%, 03/15/35
 
780
804,188
4.50%, 05/14/35
 
1,700
1,663,778
Astrazeneca Finance LLC
 
4.80%, 02/26/27
 
912
921,162
4.88%, 03/03/28
 
676
690,167
1.75%, 05/28/28
 
821
784,285
4.85%, 02/26/29
 
900
923,508
4.90%, 03/03/30
 
500
515,278
4.90%, 02/26/31
 
750
774,505
2.25%, 05/28/31
 
340
309,041
4.88%, 03/03/33
 
250
257,037
5.00%, 02/26/34
 
1,060
1,090,940
AstraZeneca PLC
 
3.13%, 06/12/27
 
113
112,259
4.00%, 01/17/29
 
607
608,862
1.38%, 08/06/30
 
911
809,339
Becton Dickinson & Co.
 
3.70%, 06/06/27
 
1,125
1,121,500
4.69%, 02/13/28
 
410
415,613
4.87%, 02/08/29
 
457
466,227
5.08%, 06/07/29
 
375
385,522
2.82%, 05/20/30
 
488
459,981
1.96%, 02/11/31
 
614
546,933
4.30%, 08/22/32
 
390
383,995
5.11%, 02/08/34
 
302
307,448
Bristol-Myers Squibb Co.
 
3.25%, 02/27/27
 
306
304,273
1.13%, 11/13/27(a)
 
702
671,597
3.45%, 11/15/27
 
330
329,060
3.90%, 02/20/28
 
300
300,762
4.90%, 02/22/29(a)
 
500
514,488
3.40%, 07/26/29
 
1,621
1,591,685
1.45%, 11/13/30
 
740
654,416
5.75%, 02/01/31(a)
 
500
533,644
5.10%, 02/22/31
 
697
724,142
2.95%, 03/15/32
 
1,225
1,133,832
5.90%, 11/15/33
 
294
319,524
Security
 
Par
(000)
Value
Pharmaceuticals (continued)
Bristol-Myers Squibb Co.(continued)
 
5.20%, 02/22/34(a)
$
1,511
$ 1,563,617
Cardinal Health, Inc.
 
3.41%, 06/15/27
 
829
823,635
5.13%, 02/15/29
 
496
510,408
5.00%, 11/15/29
 
626
643,164
4.50%, 09/15/30(a)
 
250
251,830
5.45%, 02/15/34
 
382
396,857
5.35%, 11/15/34
 
600
616,364
5.15%, 09/15/35(a)
 
250
253,074
Cencora, Inc.
 
3.45%, 12/15/27
 
504
499,146
4.63%, 12/15/27
 
360
364,357
4.85%, 12/15/29
 
225
230,176
2.80%, 05/15/30
 
329
309,789
2.70%, 03/15/31
 
669
616,682
5.13%, 02/15/34
 
400
409,323
5.15%, 02/15/35
 
385
392,563
CVS Health Corp.
 
3.63%, 04/01/27
 
457
454,915
6.25%, 06/01/27
 
254
261,058
1.30%, 08/21/27
 
1,335
1,280,350
4.30%, 03/25/28
 
3,177
3,188,311
5.00%, 01/30/29
 
440
449,521
5.40%, 06/01/29
 
750
776,293
3.25%, 08/15/29
 
1,147
1,108,120
5.13%, 02/21/30
 
1,084
1,111,922
3.75%, 04/01/30
 
1,083
1,055,587
1.75%, 08/21/30
 
784
696,621
5.25%, 01/30/31
 
335
345,560
1.88%, 02/28/31
 
823
724,289
5.55%, 06/01/31
 
750
784,231
2.13%, 09/15/31
 
683
599,317
5.00%, 09/15/32
 
575
584,043
5.25%, 02/21/33(a)
 
950
973,593
5.30%, 06/01/33
 
820
840,175
5.70%, 06/01/34
 
750
779,256
4.88%, 07/20/35
 
400
390,878
5.45%, 09/15/35
 
925
940,858
Eli Lilly & Co.
 
4.50%, 02/09/27
 
840
846,583
5.50%, 03/15/27(a)
 
264
269,291
3.10%, 05/15/27
 
228
226,586
4.15%, 08/14/27
 
400
402,807
4.55%, 02/12/28
 
675
686,058
4.00%, 10/15/28
 
690
694,819
4.50%, 02/09/29
 
704
717,087
3.38%, 03/15/29
 
729
719,234
4.20%, 08/14/29
 
562
567,631
4.75%, 02/12/30
 
773
793,083
4.25%, 03/15/31
 
725
728,457
4.90%, 02/12/32
 
675
698,191
4.55%, 10/15/32
 
590
597,681
4.70%, 02/27/33
 
590
601,015
4.70%, 02/09/34
 
1,006
1,016,340
4.60%, 08/14/34
 
700
700,667
5.10%, 02/12/35
 
879
906,075
4.90%, 10/15/35
 
725
733,562
GlaxoSmithKline Capital PLC
 
4.32%, 03/12/27
 
250
251,639
3.38%, 06/01/29
 
629
617,292
Schedule of Investments
47

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Pharmaceuticals (continued)
GlaxoSmithKline Capital, Inc.
 
3.88%, 05/15/28
$
1,225
$ 1,227,137
4.50%, 04/15/30
 
580
588,970
5.38%, 04/15/34
 
383
404,004
4.88%, 04/15/35
 
450
453,817
Johnson & Johnson
 
4.50%, 03/01/27
 
425
429,017
2.95%, 03/03/27
 
636
631,582
0.95%, 09/01/27
 
998
957,965
2.90%, 01/15/28
 
1,099
1,084,665
4.55%, 03/01/28
 
495
503,836
4.80%, 06/01/29
 
600
618,868
4.70%, 03/01/30
 
625
643,148
1.30%, 09/01/30(a)
 
1,164
1,037,663
4.90%, 06/01/31
 
800
832,026
4.85%, 03/01/32
 
625
647,379
4.95%, 05/15/33
 
450
472,234
4.38%, 12/05/33(a)
 
578
583,644
4.95%, 06/01/34
 
400
418,459
5.00%, 03/01/35(a)
 
865
897,170
McKesson Corp.
 
3.95%, 02/16/28
 
229
228,837
4.90%, 07/15/28(a)
 
310
317,362
4.25%, 09/15/29
 
325
326,662
4.65%, 05/30/30
 
375
380,862
4.95%, 05/30/32
 
375
385,229
5.10%, 07/15/33
 
302
311,121
5.25%, 05/30/35(a)
 
475
490,178
Merck & Co., Inc.
 
1.70%, 06/10/27
 
733
715,218
3.85%, 09/15/27
 
475
476,421
4.05%, 05/17/28
 
100
100,713
1.90%, 12/10/28
 
695
660,264
3.40%, 03/07/29
 
1,218
1,200,419
3.85%, 03/15/29
 
285
284,858
4.30%, 05/17/30
 
400
403,500
1.45%, 06/24/30
 
793
710,289
4.15%, 09/15/30(a)
 
475
475,885
4.15%, 03/15/31
 
675
672,272
2.15%, 12/10/31
 
1,290
1,150,669
4.55%, 09/15/32
 
675
681,531
4.45%, 12/04/32
 
610
610,757
4.50%, 05/17/33(a)
 
902
906,608
6.50%, 12/01/33
 
389
436,735
4.95%, 09/15/35
 
1,175
1,186,953
4.75%, 12/04/35
 
960
951,510
Mylan, Inc., 4.55%, 04/15/28
 
660
661,881
Novartis Capital Corp.
 
2.00%, 02/14/27
 
231
227,106
3.10%, 05/17/27
 
565
560,763
3.90%, 11/05/28
 
375
376,107
3.80%, 09/18/29
 
635
632,860
2.20%, 08/14/30
 
1,159
1,071,986
4.10%, 11/05/30
 
1,175
1,174,881
4.00%, 09/18/31
 
475
472,943
4.30%, 11/05/32
 
575
572,447
4.20%, 09/18/34
 
669
652,975
4.60%, 11/05/35(a)
 
575
569,331
Pfizer Investment Enterprises Pte. Ltd.
 
4.45%, 05/19/28
 
2,818
2,846,115
4.65%, 05/19/30
 
1,788
1,821,450
Security
 
Par
(000)
Value
Pharmaceuticals (continued)
Pfizer Investment Enterprises Pte. Ltd.(continued)
 
4.75%, 05/19/33
$
3,407
$ 3,442,031
Pfizer, Inc.
 
3.88%, 11/15/27
 
255
255,874
3.60%, 09/15/28(a)
 
359
358,358
3.45%, 03/15/29(a)
 
1,218
1,205,281
2.63%, 04/01/30
 
829
782,417
1.70%, 05/28/30
 
683
618,477
4.20%, 11/15/30
 
400
400,750
1.75%, 08/18/31
 
629
554,019
4.50%, 11/15/32
 
600
601,660
4.88%, 11/15/35(a)
 
800
800,177
Pharmacia LLC, 6.60%, 12/01/28
 
400
428,281
Sanofi SA
 
3.75%, 11/03/27
 
300
300,526
3.63%, 06/19/28
 
713
711,345
3.80%, 11/03/28
 
300
300,192
4.20%, 11/03/32
 
300
298,068
Takeda Pharmaceutical Co. Ltd.
 
5.00%, 11/26/28
 
1,278
1,307,285
2.05%, 03/31/30
 
1,454
1,329,503
5.30%, 07/05/34
 
700
719,169
Takeda U.S. Financing, Inc., 5.20%, 07/07/35
 
1,000
1,011,855
Viatris, Inc.
 
2.30%, 06/22/27
 
415
404,294
2.70%, 06/22/30
 
843
772,189
Wyeth LLC, 6.50%, 02/01/34
 
500
559,593
Zoetis, Inc.
 
3.00%, 09/12/27
 
350
345,576
4.15%, 08/17/28
 
325
326,812
3.90%, 08/20/28
 
379
379,052
2.00%, 05/15/30(a)
 
329
301,160
5.60%, 11/16/32
 
300
318,077
5.00%, 08/17/35
 
825
830,148
 
 
130,230,235
Real Estate Management & Development — 0.1%
CBRE Services, Inc.
 
5.50%, 04/01/29(a)
 
272
281,846
4.80%, 06/15/30
 
450
456,260
2.50%, 04/01/31
 
393
355,919
4.90%, 01/15/33(a)
 
225
225,743
5.95%, 08/15/34
 
550
585,333
5.50%, 06/15/35
 
350
360,563
Jones Lang LaSalle, Inc., 6.88%, 12/01/28
 
75
80,114
 
 
2,345,778
Residential REITs — 0.8%
American Homes 4 Rent LP
 
4.25%, 02/15/28
 
100
100,044
4.90%, 02/15/29(a)
 
129
131,133
4.95%, 06/15/30
 
432
437,528
2.38%, 07/15/31(a)
 
200
178,499
3.63%, 04/15/32
 
300
281,876
5.50%, 02/01/34
 
477
488,524
5.50%, 07/15/34
 
275
281,343
5.25%, 03/15/35
 
391
392,046
AvalonBay Communities, Inc.
 
3.35%, 05/15/27
 
191
189,682
3.20%, 01/15/28
 
159
156,984
1.90%, 12/01/28
 
296
280,464
3.30%, 06/01/29
 
291
283,869
2.30%, 03/01/30(a)
 
450
417,783
48

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Residential REITs (continued)
AvalonBay Communities, Inc.(continued)
 
4.35%, 12/01/30
$
205
$ 205,108
2.45%, 01/15/31
 
507
463,505
2.05%, 01/15/32
 
425
373,782
5.00%, 02/15/33
 
225
229,974
5.30%, 12/07/33
 
150
155,709
5.35%, 06/01/34
 
360
372,447
5.00%, 08/01/35
 
285
287,086
Camden Property Trust
 
4.10%, 10/15/28
 
258
258,844
3.15%, 07/01/29
 
400
387,125
2.80%, 05/15/30
 
615
580,441
4.90%, 01/15/34
 
175
176,564
ERP Operating LP
 
3.25%, 08/01/27
 
334
331,029
3.50%, 03/01/28
 
341
338,080
4.15%, 12/01/28
 
305
306,428
3.00%, 07/01/29
 
455
439,595
2.50%, 02/15/30
 
333
312,793
1.85%, 08/01/31
 
229
202,430
4.95%, 06/15/32
 
300
306,786
4.65%, 09/15/34
 
328
323,825
Essential Properties LP
 
2.95%, 07/15/31
 
129
118,043
5.40%, 12/01/35
 
275
275,803
Essex Portfolio LP
 
3.63%, 05/01/27
 
222
221,113
1.70%, 03/01/28
 
210
200,220
4.00%, 03/01/29
 
179
177,894
3.00%, 01/15/30
 
384
365,158
1.65%, 01/15/31
 
254
221,654
2.55%, 06/15/31
 
210
190,453
2.65%, 03/15/32
 
400
356,618
5.50%, 04/01/34
 
325
334,922
5.38%, 04/01/35
 
235
240,431
4.88%, 02/15/36
 
225
219,070
Invitation Homes Operating Partnership LP
 
2.30%, 11/15/28
 
491
466,710
5.45%, 08/15/30
 
300
310,843
2.00%, 08/15/31
 
330
287,441
4.15%, 04/15/32
 
296
285,661
4.95%, 01/15/33
 
250
249,345
5.50%, 08/15/33
 
288
295,544
2.70%, 01/15/34
 
262
221,623
4.88%, 02/01/35
 
397
386,867
Mid-America Apartments LP
 
3.60%, 06/01/27
 
413
411,444
4.20%, 06/15/28
 
296
297,409
3.95%, 03/15/29
 
413
411,038
2.75%, 03/15/30
 
163
154,110
1.70%, 02/15/31(a)
 
378
332,286
5.30%, 02/15/32
 
175
182,442
4.65%, 01/15/33
 
200
199,170
5.00%, 03/15/34
 
225
226,572
4.95%, 03/01/35
 
275
276,245
NNN REIT, Inc.
 
3.50%, 10/15/27
 
274
271,810
4.30%, 10/15/28
 
229
230,316
2.50%, 04/15/30
 
300
278,724
4.60%, 02/15/31
 
400
402,607
Security
 
Par
(000)
Value
Residential REITs (continued)
NNN REIT, Inc.(continued)
 
5.60%, 10/15/33
$
200
$ 208,510
5.50%, 06/15/34
 
325
335,517
Realty Income Corp.
 
3.95%, 08/15/27
 
413
413,356
3.40%, 01/15/28
 
313
309,818
3.65%, 01/15/28
 
314
312,537
2.10%, 03/15/28
 
374
360,209
2.20%, 06/15/28
 
274
263,261
4.70%, 12/15/28
 
220
224,036
3.95%, 02/01/29
 
200
199,261
4.75%, 02/15/29
 
225
229,127
3.25%, 06/15/29
 
207
201,522
4.00%, 07/15/29(a)
 
350
349,161
3.10%, 12/15/29
 
413
398,653
3.40%, 01/15/30
 
413
401,265
4.85%, 03/15/30
 
250
256,289
3.25%, 01/15/31
 
554
526,314
3.20%, 02/15/31
 
350
331,313
2.70%, 02/15/32
 
292
263,978
5.63%, 10/13/32
 
300
317,647
2.85%, 12/15/32
 
525
471,077
4.50%, 02/01/33
 
200
197,871
1.80%, 03/15/33
 
300
249,300
4.90%, 07/15/33(a)
 
340
343,675
5.13%, 02/15/34
 
525
536,294
5.13%, 04/15/35
 
421
427,521
Store Capital LLC
 
4.50%, 03/15/28
 
300
301,038
4.63%, 03/15/29
 
200
199,661
5.40%, 04/30/30(d)
 
240
244,366
2.75%, 11/18/30
 
250
227,517
2.70%, 12/01/31
 
201
177,692
Tanger Properties LP
 
3.88%, 07/15/27
 
79
78,624
2.75%, 09/01/31
 
200
181,763
UDR, Inc.
 
3.50%, 07/01/27
 
163
161,941
3.50%, 01/15/28
 
252
249,709
4.40%, 01/26/29
 
129
129,763
3.20%, 01/15/30
 
413
397,219
3.00%, 08/15/31
 
213
197,537
2.10%, 08/01/32
 
274
235,030
1.90%, 03/15/33
 
294
241,987
2.10%, 06/15/33
 
300
248,448
5.13%, 09/01/34
 
195
196,372
3.10%, 11/01/34
 
268
231,548
 
 
30,598,639
Retail REITs — 0.2%
Simon Property Group LP
 
3.38%, 06/15/27
 
320
318,079
3.38%, 12/01/27
 
200
198,506
1.75%, 02/01/28
 
750
720,323
2.45%, 09/13/29
 
807
763,633
2.65%, 07/15/30(a)
 
617
578,015
4.38%, 10/01/30
 
225
225,977
4.30%, 01/15/31
 
475
473,775
2.20%, 02/01/31
 
412
372,492
2.25%, 01/15/32
 
579
511,809
2.65%, 02/01/32(a)
 
479
431,783
Schedule of Investments
49

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Retail REITs (continued)
Simon Property Group LP(continued)
 
5.50%, 03/08/33
$
300
$ 314,835
6.25%, 01/15/34
 
343
374,687
4.75%, 09/26/34
 
685
679,305
5.13%, 10/01/35
 
475
480,256
 
 
6,443,475
Semiconductors & Semiconductor Equipment — 2.1%
Advanced Micro Devices, Inc.
 
4.32%, 03/24/28
 
300
303,471
3.92%, 06/01/32(a)
 
354
346,716
Analog Devices, Inc.
 
3.45%, 06/15/27
 
242
240,847
4.25%, 06/15/28
 
450
453,463
1.70%, 10/01/28
 
450
425,497
4.50%, 06/15/30
 
425
430,562
2.10%, 10/01/31
 
550
488,764
4.25%, 10/01/32
 
256
256,587
5.05%, 04/01/34
 
300
309,258
Applied Materials, Inc.
 
3.30%, 04/01/27
 
829
824,974
4.80%, 06/15/29
 
483
495,557
1.75%, 06/01/30
 
423
382,687
4.00%, 01/15/31
 
200
198,148
5.10%, 10/01/35
 
300
308,707
4.60%, 01/15/36
 
80
78,656
Broadcom Corp./Broadcom Cayman Finance Ltd.,
3.50%, 01/15/28(a)
 
413
410,523
Broadcom, Inc.
 
5.05%, 07/12/27
 
375
381,620
1.95%, 02/15/28(a)
 
598
575,959
4.80%, 04/15/28
 
1,000
1,019,552
4.00%, 04/15/29(d)
 
450
448,735
4.75%, 04/15/29
 
976
994,232
5.05%, 07/12/29
 
1,425
1,467,961
4.35%, 02/15/30
 
1,080
1,086,348
5.00%, 04/15/30
 
450
463,165
5.05%, 04/15/30
 
400
412,130
4.60%, 07/15/30
 
1,025
1,039,032
4.20%, 10/15/30
 
220
219,314
4.15%, 11/15/30
 
1,146
1,139,022
4.30%, 01/15/31
 
245
244,783
2.45%, 02/15/31
 
1,825
1,669,663
5.15%, 11/15/31
 
685
710,341
4.15%, 04/15/32(d)
 
890
870,158
5.20%, 04/15/32
 
700
724,614
4.90%, 07/15/32
 
1,000
1,019,949
4.30%, 11/15/32
 
1,244
1,226,472
4.60%, 01/15/33
 
550
548,100
2.60%, 02/15/33
 
1,098
965,115
3.42%, 04/15/33
 
1,620
1,495,768
3.47%, 04/15/34
 
1,872
1,702,364
4.80%, 10/15/34
 
980
977,695
5.20%, 07/15/35
 
1,500
1,532,360
3.14%, 11/15/35(d)
 
2,000
1,720,427
4.95%, 01/15/36
 
220
219,660
4.80%, 02/15/36
 
1,200
1,183,729
4.55%, 02/15/32
 
580
579,631
Intel Corp.
 
3.75%, 03/25/27
 
710
708,050
3.15%, 05/11/27
 
400
395,835
3.75%, 08/05/27
 
1,150
1,145,210
Security
 
Par
(000)
Value
Semiconductors & Semiconductor Equipment (continued)
Intel Corp.(continued)
 
4.88%, 02/10/28
$
1,055
$ 1,071,664
1.60%, 08/12/28
 
559
526,771
4.00%, 08/05/29
 
550
546,078
2.45%, 11/15/29
 
1,319
1,234,679
5.13%, 02/10/30
 
850
871,443
3.90%, 03/25/30
 
538
527,834
5.00%, 02/21/31
 
465
475,465
2.00%, 08/12/31
 
699
614,339
4.15%, 08/05/32
 
810
784,678
4.00%, 12/15/32
 
500
478,760
5.20%, 02/10/33(a)
 
1,258
1,282,375
5.15%, 02/21/34(a)
 
705
713,850
KLA Corp.
 
4.10%, 03/15/29
 
413
414,582
4.65%, 07/15/32(a)
 
640
649,723
4.70%, 02/01/34
 
225
225,611
Lam Research Corp.
 
4.00%, 03/15/29
 
450
450,162
1.90%, 06/15/30
 
551
501,648
Marvell Technology, Inc.
 
2.45%, 04/15/28
 
429
414,553
4.88%, 06/22/28
 
260
264,623
5.75%, 02/15/29
 
260
270,938
4.75%, 07/15/30
 
225
227,807
2.95%, 04/15/31
 
393
363,959
5.95%, 09/15/33
 
260
276,404
5.45%, 07/15/35
 
525
539,574
Microchip Technology, Inc.
 
4.90%, 03/15/28
 
602
611,399
5.05%, 03/15/29
 
600
613,971
5.05%, 02/15/30
 
650
664,732
Micron Technology, Inc.
 
5.33%, 02/06/29
 
363
373,904
4.66%, 02/15/30
 
710
716,366
5.30%, 01/15/31
 
603
626,175
2.70%, 04/15/32
 
603
543,248
5.65%, 11/01/32
 
294
310,293
5.88%, 02/09/33
 
464
493,481
5.88%, 09/15/33
 
600
638,431
5.80%, 01/15/35
 
643
680,021
6.05%, 11/01/35
 
800
858,714
NVIDIA Corp.
 
1.55%, 06/15/28
 
974
927,583
2.85%, 04/01/30(a)
 
994
950,030
2.00%, 06/15/31
 
773
696,393
NXP BV/NXP Funding LLC, 5.55%, 12/01/28
 
400
413,986
NXP BV/NXP Funding LLC/NXP USA, Inc.
 
3.15%, 05/01/27
 
300
296,761
4.40%, 06/01/27
 
400
402,011
4.30%, 08/19/28
 
180
180,782
4.30%, 06/18/29
 
641
642,350
3.40%, 05/01/30
 
489
471,453
2.50%, 05/11/31
 
661
598,287
2.65%, 02/15/32
 
462
414,063
4.85%, 08/19/32
 
375
377,901
5.00%, 01/15/33
 
612
619,624
5.25%, 08/19/35(a)
 
475
480,043
Qorvo, Inc., 4.38%, 10/15/29
 
554
545,627
QUALCOMM, Inc.
 
3.25%, 05/20/27(a)
 
1,163
1,157,056
1.30%, 05/20/28
 
526
497,660
50

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Semiconductors & Semiconductor Equipment (continued)
QUALCOMM, Inc.(continued)
 
2.15%, 05/20/30
$
774
$ 713,308
4.50%, 05/20/30
 
300
304,605
1.65%, 05/20/32
 
700
596,390
4.25%, 05/20/32
 
381
379,897
4.75%, 05/20/32
 
300
305,745
5.40%, 05/20/33
 
500
527,479
4.65%, 05/20/35(a)
 
676
675,955
5.00%, 05/20/35
 
300
303,389
Skyworks Solutions, Inc., 3.00%, 06/01/31
 
323
293,198
Texas Instruments, Inc.
 
4.60%, 02/08/27
 
473
476,949
2.90%, 11/03/27
 
306
302,761
4.60%, 02/15/28
 
508
515,889
4.60%, 02/08/29
 
273
279,013
2.25%, 09/04/29
 
562
530,892
1.75%, 05/04/30
 
524
477,359
4.50%, 05/23/30
 
300
304,701
1.90%, 09/15/31
 
361
320,606
3.65%, 08/16/32
 
200
192,612
4.90%, 03/14/33
 
520
535,647
4.85%, 02/08/34
 
247
252,825
5.10%, 05/23/35
 
500
514,436
TSMC Arizona Corp.
 
3.88%, 04/22/27
 
500
500,373
4.13%, 04/22/29
 
250
250,744
2.50%, 10/25/31
 
1,010
920,668
4.25%, 04/22/32(a)
 
400
399,371
Xilinx, Inc., 2.38%, 06/01/30
 
428
398,133
 
 
76,644,221
Software — 1.5%
Adobe, Inc.
 
2.15%, 02/01/27
 
598
589,176
4.85%, 04/04/27(a)
 
180
182,264
4.75%, 01/17/28(a)
 
420
428,049
4.80%, 04/04/29
 
609
625,224
4.95%, 01/17/30
 
400
413,802
2.30%, 02/01/30
 
794
743,128
4.95%, 04/04/34
 
609
624,788
5.30%, 01/17/35
 
350
367,014
Atlassian Corp.
 
5.25%, 05/15/29
 
200
205,626
5.50%, 05/15/34
 
300
306,192
Autodesk, Inc.
 
3.50%, 06/15/27
 
359
356,800
2.85%, 01/15/30
 
376
356,563
2.40%, 12/15/31
 
637
567,573
5.30%, 06/15/35
 
220
224,116
Cadence Design Systems, Inc.
 
4.20%, 09/10/27
 
130
130,595
4.30%, 09/10/29
 
525
528,195
4.70%, 09/10/34
 
685
680,943
Concentrix Corp.(a)
 
6.60%, 08/02/28
 
500
519,627
6.85%, 08/02/33
 
350
355,551
Electronic Arts, Inc., 1.85%, 02/15/31
 
463
447,693
International Business Machines Corp.
 
4.00%, 02/03/29
 
300
300,222
4.30%, 02/03/31
 
300
299,835
4.60%, 02/03/33
 
300
299,466
Security
 
Par
(000)
Value
Software (continued)
International Business Machines Corp.(continued)
 
4.95%, 02/03/36
$
600
$ 597,922
Intuit, Inc.
 
1.35%, 07/15/27
 
281
271,709
5.13%, 09/15/28
 
450
463,102
1.65%, 07/15/30
 
166
149,086
5.20%, 09/15/33
 
700
725,818
Microsoft Corp.
 
3.30%, 02/06/27
 
2,458
2,449,747
3.40%, 06/15/27
 
229
228,605
1.35%, 09/15/30(a)
 
247
220,813
3.50%, 02/12/35(a)
 
986
924,238
MSCI, Inc.
 
5.25%, 09/01/35
 
735
737,473
5.15%, 03/15/36
 
100
98,743
Oracle Corp.
 
2.80%, 04/01/27
 
1,407
1,382,821
3.25%, 11/15/27
 
1,620
1,588,485
2.30%, 03/25/28
 
1,238
1,182,073
4.50%, 05/06/28
 
430
430,646
4.80%, 08/03/28
 
1,100
1,107,609
4.20%, 09/27/29(a)
 
975
958,152
6.15%, 11/09/29
 
949
989,465
2.95%, 04/01/30
 
2,056
1,899,878
4.65%, 05/06/30
 
430
425,312
3.25%, 05/15/30(a)
 
387
360,916
2.88%, 03/25/31
 
2,023
1,816,871
5.25%, 02/03/32
 
960
957,990
6.25%, 11/09/32
 
1,208
1,259,803
4.90%, 02/06/33
 
930
895,567
4.30%, 07/08/34
 
1,200
1,082,545
4.70%, 09/27/34(a)
 
1,150
1,066,365
3.90%, 05/15/35
 
1,050
904,549
5.50%, 08/03/35
 
1,000
975,094
Roper Technologies, Inc.
 
1.40%, 09/15/27
 
579
556,333
4.20%, 09/15/28
 
450
451,749
4.25%, 09/15/28
 
310
311,624
2.95%, 09/15/29
 
359
343,973
4.50%, 10/15/29
 
955
963,998
2.00%, 06/30/30
 
413
373,576
4.45%, 09/15/30
 
200
200,414
1.75%, 02/15/31
 
686
602,285
4.75%, 02/15/32
 
300
301,802
4.90%, 10/15/34
 
625
620,165
5.10%, 09/15/35(a)
 
575
573,684
Salesforce, Inc.
 
3.70%, 04/11/28
 
1,009
1,009,286
1.50%, 07/15/28(a)
 
784
744,134
1.95%, 07/15/31
 
1,121
996,414
ServiceNow, Inc., 1.40%, 09/01/30
 
1,038
914,901
Synopsys, Inc.
 
4.55%, 04/01/27
 
760
765,712
4.65%, 04/01/28
 
695
703,918
4.85%, 04/01/30
 
1,300
1,326,521
5.00%, 04/01/32
 
1,000
1,022,437
5.15%, 04/01/35
 
1,485
1,505,415
Take-Two Interactive Software, Inc.
 
3.70%, 04/14/27
 
305
304,101
4.95%, 03/28/28
 
350
356,638
5.40%, 06/12/29
 
150
155,371
Schedule of Investments
51

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Software (continued)
Take-Two Interactive Software, Inc.(continued)
 
4.00%, 04/14/32
$
269
$ 260,823
5.60%, 06/12/34
 
250
259,684
VMware LLC
 
3.90%, 08/21/27
 
1,064
1,065,451
1.80%, 08/15/28
 
500
473,811
4.70%, 05/15/30
 
657
668,284
2.20%, 08/15/31
 
716
637,289
Workday, Inc.
 
3.50%, 04/01/27
 
639
635,754
3.70%, 04/01/29
 
543
535,646
3.80%, 04/01/32
 
821
784,032
 
 
56,129,064
Specialized REITs — 0.3%
CubeSmart LP
 
2.25%, 12/15/28
 
469
446,174
4.38%, 02/15/29
 
252
252,965
3.00%, 02/15/30
 
193
182,943
2.00%, 02/15/31
 
413
365,687
2.50%, 02/15/32
 
350
310,217
5.13%, 11/01/35
 
280
279,557
Extra Space Storage LP
 
3.88%, 12/15/27
 
174
173,580
5.70%, 04/01/28
 
582
600,556
3.90%, 04/01/29
 
286
282,796
4.00%, 06/15/29
 
129
128,145
5.50%, 07/01/30
 
556
578,627
2.20%, 10/15/30
 
227
205,638
5.90%, 01/15/31
 
374
395,651
2.55%, 06/01/31
 
355
321,271
2.40%, 10/15/31
 
355
315,477
2.35%, 03/15/32
 
363
317,148
4.95%, 01/15/33
 
395
397,160
5.40%, 02/01/34
 
395
404,233
5.35%, 01/15/35
 
275
280,668
5.40%, 06/15/35(a)
 
325
331,861
Public Storage Operating Co.
 
3.09%, 09/15/27
 
166
164,346
1.85%, 05/01/28
 
374
357,485
1.95%, 11/09/28
 
442
419,063
5.13%, 01/15/29(a)
 
405
418,271
3.39%, 05/01/29
 
366
359,237
4.38%, 07/01/30
 
300
302,324
2.30%, 05/01/31
 
475
430,137
2.25%, 11/09/31
 
408
364,857
5.10%, 08/01/33(a)
 
460
474,720
5.00%, 07/01/35(a)
 
240
242,924
 
 
10,103,718
Specialty Retail — 0.3%
AutoZone, Inc.
 
3.75%, 06/01/27
 
400
398,875
4.50%, 02/01/28
 
240
242,208
6.25%, 11/01/28
 
200
210,969
3.75%, 04/18/29
 
379
373,956
5.10%, 07/15/29(a)
 
300
308,465
4.00%, 04/15/30
 
560
552,950
5.13%, 06/15/30
 
325
334,778
1.65%, 01/15/31
 
300
263,115
4.75%, 08/01/32
 
410
413,222
4.75%, 02/01/33
 
350
349,583
5.20%, 08/01/33
 
160
163,617
Security
 
Par
(000)
Value
Specialty Retail (continued)
AutoZone, Inc.(continued)
 
6.55%, 11/01/33
$
300
$ 331,959
5.40%, 07/15/34(a)
 
600
618,381
Dicks Sporting Goods, Inc.
 
4.00%, 10/01/29(d)
 
250
246,333
3.15%, 01/15/32(a)
 
479
441,118
Genuine Parts Co.
 
6.50%, 11/01/28
 
200
211,080
4.95%, 08/15/29
 
475
482,610
1.88%, 11/01/30
 
400
353,460
2.75%, 02/01/32
 
350
310,044
6.88%, 11/01/33
 
200
221,869
OReilly Automotive, Inc.
 
3.60%, 09/01/27
 
452
449,505
4.35%, 06/01/28
 
279
280,845
3.90%, 06/01/29
 
329
326,517
4.20%, 04/01/30
 
250
249,428
1.75%, 03/15/31(a)
 
362
317,855
4.70%, 06/15/32
 
400
403,427
5.00%, 08/19/34
 
350
351,920
Ross Stores, Inc., 1.88%, 04/15/31
 
379
334,258
Tractor Supply Co.
 
1.75%, 11/01/30
 
349
309,944
5.25%, 05/15/33
 
420
432,843
 
 
10,285,134
Technology Hardware, Storage & Peripherals — 1.1%
Apple, Inc.
 
3.35%, 02/09/27
 
1,439
1,434,367
3.20%, 05/11/27
 
1,243
1,236,634
3.00%, 06/20/27
 
600
595,414
2.90%, 09/12/27
 
1,453
1,437,199
3.00%, 11/13/27
 
829
821,493
1.20%, 02/08/28
 
1,489
1,419,206
4.00%, 05/10/28
 
890
896,965
4.00%, 05/12/28
 
575
579,650
1.40%, 08/05/28
 
1,530
1,448,683
3.25%, 08/08/29
 
650
638,922
2.20%, 09/11/29
 
1,241
1,173,332
4.15%, 05/10/30
 
360
363,460
1.65%, 05/11/30
 
1,160
1,055,022
4.20%, 05/12/30
 
575
581,082
1.25%, 08/20/30(a)
 
999
886,661
1.65%, 02/08/31
 
1,517
1,354,259
1.70%, 08/05/31
 
792
700,949
4.50%, 05/12/32(a)
 
575
587,497
3.35%, 08/08/32
 
1,240
1,187,493
4.30%, 05/10/33
 
826
833,786
4.75%, 05/12/35
 
575
587,205
Dell International LLC/EMC Corp.
 
6.10%, 07/15/27(a)
 
258
264,647
5.25%, 02/01/28
 
450
460,248
4.75%, 04/01/28
 
559
566,854
4.15%, 02/15/29
 
525
524,721
5.30%, 10/01/29
 
1,036
1,068,459
4.35%, 02/01/30
 
250
249,701
5.00%, 04/01/30
 
1,265
1,294,168
6.20%, 07/15/30
 
450
480,142
4.50%, 02/15/31
 
525
523,469
5.30%, 04/01/32
 
500
513,488
4.75%, 10/06/32
 
525
523,263
5.75%, 02/01/33(a)
 
594
623,269
5.40%, 04/15/34
 
600
612,967
52

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Technology Hardware, Storage & Peripherals (continued)
Dell International LLC/EMC Corp.(continued)
 
4.85%, 02/01/35(a)
$
500
$ 489,169
5.50%, 04/01/35
 
500
512,202
5.10%, 02/15/36(a)
 
525
515,954
Dell, Inc., 7.10%, 04/15/28(a)
 
329
348,899
Hewlett Packard Enterprise Co.
 
4.05%, 09/15/27
 
450
450,356
4.40%, 09/25/27
 
725
729,030
5.25%, 07/01/28
 
440
451,183
4.15%, 09/15/28
 
450
450,650
4.55%, 10/15/29
 
1,083
1,090,953
4.40%, 10/15/30
 
650
646,863
4.85%, 10/15/31
 
751
756,863
5.00%, 10/15/34
 
1,390
1,367,266
6.20%, 10/15/35
 
500
536,131
HP, Inc.
 
3.00%, 06/17/27
 
712
702,525
4.75%, 01/15/28
 
522
528,661
4.00%, 04/15/29
 
704
696,955
5.40%, 04/25/30
 
200
206,556
3.40%, 06/17/30(a)
 
310
296,721
2.65%, 06/17/31
 
729
657,679
4.20%, 04/15/32(a)
 
477
461,433
5.50%, 01/15/33(a)
 
650
664,852
6.10%, 04/25/35(a)
 
300
315,841
NetApp, Inc.
 
2.38%, 06/22/27
 
400
391,248
2.70%, 06/22/30(a)
 
400
372,639
5.50%, 03/17/32
 
425
441,156
5.70%, 03/17/35
 
405
421,113
Teledyne FLIR LLC, 2.50%, 08/01/30
 
226
209,318
Western Digital Corp.
 
2.85%, 02/01/29
 
226
215,643
3.10%, 02/01/32(a)
 
145
133,629
 
 
42,586,163
Textiles, Apparel & Luxury Goods — 0.1%
NIKE, Inc.
 
2.75%, 03/27/27
 
619
612,319
2.85%, 03/27/30
 
999
952,714
PVH Corp., 5.50%, 06/13/30
 
350
355,831
Ralph Lauren Corp.
 
2.95%, 06/15/30
 
350
332,126
5.00%, 06/15/32
 
270
277,965
Tapestry, Inc.
 
4.13%, 07/15/27
 
300
300,115
5.10%, 03/11/30
 
225
230,631
3.05%, 03/15/32
 
400
364,916
5.50%, 03/11/35
 
453
462,222
 
 
3,888,839
Tobacco — 1.0%
Altria Group, Inc.
 
4.88%, 02/04/28
 
320
325,721
6.20%, 11/01/28
 
231
243,412
4.80%, 02/14/29
 
1,337
1,360,334
3.40%, 05/06/30
 
625
602,563
4.50%, 08/06/30
 
225
226,565
2.45%, 02/04/32
 
1,019
902,483
6.88%, 11/01/33
 
418
469,933
5.63%, 02/06/35
 
351
363,923
5.25%, 08/06/35
 
300
302,806
Security
 
Par
(000)
Value
Tobacco (continued)
BAT Capital Corp.
 
4.70%, 04/02/27
$
695
$ 699,897
3.56%, 08/15/27(a)
 
1,473
1,463,809
2.26%, 03/25/28
 
1,196
1,152,964
3.46%, 09/06/29
 
328
319,819
4.91%, 04/02/30
 
824
840,675
6.34%, 08/02/30
 
600
648,383
5.83%, 02/20/31
 
456
483,729
2.73%, 03/25/31(a)
 
823
759,170
4.74%, 03/16/32
 
542
545,976
5.35%, 08/15/32(a)
 
650
674,663
7.75%, 10/19/32
 
340
396,727
4.63%, 03/22/33
 
560
554,372
6.42%, 08/02/33
 
822
902,135
6.00%, 02/20/34
 
485
518,305
5.63%, 08/15/35(a)
 
600
622,698
BAT International Finance PLC
 
4.45%, 03/16/28
 
772
778,192
5.93%, 02/02/29
 
600
629,764
Philip Morris International, Inc.
 
4.75%, 02/12/27
 
300
302,899
3.13%, 08/17/27(a)
 
579
573,073
4.38%, 11/01/27(a)
 
400
403,797
5.13%, 11/17/27
 
1,040
1,061,727
4.88%, 02/15/28
 
1,086
1,105,953
3.13%, 03/02/28
 
250
246,238
4.13%, 04/28/28
 
390
391,812
5.25%, 09/07/28
 
477
491,986
3.88%, 10/27/28
 
465
464,388
4.88%, 02/13/29
 
900
921,293
3.38%, 08/15/29
 
800
781,508
4.63%, 11/01/29
 
400
406,774
5.63%, 11/17/29
 
667
700,928
5.13%, 02/15/30
 
1,300
1,342,123
4.38%, 04/30/30
 
475
477,701
2.10%, 05/01/30
 
659
604,271
5.50%, 09/07/30
 
443
465,121
4.00%, 10/29/30
 
425
420,287
1.75%, 11/01/30
 
543
483,987
5.13%, 02/13/31
 
752
777,892
4.75%, 11/01/31
 
500
509,041
4.25%, 10/29/32(a)
 
525
516,335
5.75%, 11/17/32
 
901
960,611
5.38%, 02/15/33
 
1,350
1,403,786
5.63%, 09/07/33
 
575
607,848
5.25%, 02/13/34
 
1,050
1,083,153
4.90%, 11/01/34
 
400
402,130
4.88%, 04/30/35
 
460
458,820
4.63%, 10/29/35
 
575
561,010
Reynolds American, Inc., 5.70%, 08/15/35
 
400
415,893
 
 
36,131,403
Transportation Infrastructure — 0.3%
CH Robinson Worldwide, Inc., 4.20%, 04/15/28
 
350
350,634
Federal Express Corp. Pass-Through Trusts,
Series 2020-1, Class AA, 1.88%, 08/20/35(a)
 
583
508,563
FedEx Corp.
 
3.10%, 08/05/29
 
723
698,261
4.25%, 05/15/30(a)
 
563
564,515
2.40%, 05/15/31(a)
 
1,188
1,082,856
GXO Logistics, Inc.
 
6.25%, 05/06/29
 
400
422,012
2.65%, 07/15/31
 
219
197,784
Schedule of Investments
53

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Transportation Infrastructure (continued)
GXO Logistics, Inc.(continued)
 
6.50%, 05/06/34
$
400
$ 430,747
Ryder System, Inc.
 
2.85%, 03/01/27
 
503
497,185
5.30%, 03/15/27
 
145
146,922
4.30%, 06/15/27
 
210
210,657
5.65%, 03/01/28
 
200
206,080
5.25%, 06/01/28
 
400
410,989
6.30%, 12/01/28
 
100
105,712
5.38%, 03/15/29
 
300
310,092
5.50%, 06/01/29
 
215
223,245
4.95%, 09/01/29
 
105
107,324
4.90%, 12/01/29
 
280
286,001
5.00%, 03/15/30
 
160
163,811
4.85%, 06/15/30(a)
 
250
254,494
4.30%, 12/01/30
 
130
129,326
6.60%, 12/01/33
 
370
410,687
United Parcel Service, Inc.
 
3.05%, 11/15/27
 
701
693,359
3.40%, 03/15/29
 
450
443,931
2.50%, 09/01/29
 
280
266,079
4.45%, 04/01/30
 
500
508,421
4.65%, 10/15/30(a)
 
300
307,129
4.88%, 03/03/33
 
576
592,026
5.15%, 05/22/34(a)
 
500
518,602
5.25%, 05/14/35(a)
 
790
818,061
 
 
11,865,505
Utilities — 0.1%
American Water Capital Corp.
 
2.95%, 09/01/27
 
413
407,680
3.75%, 09/01/28
 
393
391,183
3.45%, 06/01/29
 
313
307,269
2.80%, 05/01/30
 
254
240,820
2.30%, 06/01/31
 
401
362,336
4.45%, 06/01/32
 
530
529,803
5.15%, 03/01/34
 
475
487,285
5.25%, 03/01/35
 
575
590,165
Essential Utilities, Inc.
 
4.80%, 08/15/27
 
400
404,676
3.57%, 05/01/29
 
250
245,165
2.70%, 04/15/30
 
300
282,433
2.40%, 05/01/31
 
129
116,733
5.38%, 01/15/34
 
400
411,794
5.25%, 08/15/35(a)
 
375
380,606
United Utilities PLC, 6.88%, 08/15/28
 
200
212,862
 
 
5,370,810
Wireless Telecommunication Services — 1.0%
America Movil SAB de C.V.
 
3.63%, 04/22/29
 
516
505,210
2.88%, 05/07/30
 
582
546,239
5.00%, 01/20/33
 
200
202,382
6.38%, 03/01/35
 
592
649,654
America Movil SAB de CV, 4.70%, 07/21/32
 
550
549,015
Orange SA, 9.00%, 03/01/31
 
1,589
1,906,474
Rogers Communications, Inc.
 
3.20%, 03/15/27
 
1,049
1,039,663
5.00%, 02/15/29(a)
 
992
1,012,236
3.80%, 03/15/32
 
1,246
1,179,922
5.30%, 02/15/34
 
800
809,172
T-Mobile USA, Inc.
 
3.75%, 04/15/27
 
2,883
2,875,664
Security
 
Par
(000)
Value
Wireless Telecommunication Services (continued)
T-Mobile USA, Inc.(continued)
 
4.75%, 02/01/28
$
700
$ 700,000
2.05%, 02/15/28
 
1,365
1,313,486
4.95%, 03/15/28
 
720
733,575
4.80%, 07/15/28
 
722
734,577
4.85%, 01/15/29
 
410
418,812
2.63%, 02/15/29
 
700
670,094
2.40%, 03/15/29
 
250
237,245
3.38%, 04/15/29
 
1,500
1,464,059
4.20%, 10/01/29(a)
 
525
526,240
3.88%, 04/15/30
 
4,442
4,363,823
2.55%, 02/15/31
 
1,541
1,408,935
2.88%, 02/15/31
 
700
650,181
3.50%, 04/15/31
 
1,766
1,686,770
2.25%, 11/15/31
 
786
696,797
2.70%, 03/15/32
 
625
561,688
5.13%, 05/15/32
 
710
729,151
4.63%, 01/15/33
 
520
516,550
5.20%, 01/15/33
 
602
618,329
5.05%, 07/15/33
 
1,585
1,610,390
5.75%, 01/15/34
 
455
479,856
5.15%, 04/15/34(a)
 
770
782,998
4.70%, 01/15/35
 
925
904,664
5.30%, 05/15/35
 
700
714,026
4.95%, 11/15/35
 
625
618,200
5.00%, 02/15/36
 
785
776,462
Vodafone Group PLC
 
4.38%, 05/30/28
 
289
293,542
7.88%, 02/15/30
 
220
249,955
6.25%, 11/30/32
 
227
247,647
 
 
35,983,683
Total Corporate Bonds — 86.5%
(Cost: $3,195,530,847)
3,228,687,583
Foreign Agency Obligations
Canada — 1.7%
Canada Government International Bonds
 
3.75%, 04/26/28(a)
 
1,600
1,605,790
4.63%, 04/30/29(a)
 
1,800
1,852,900
4.00%, 03/18/30
 
2,400
2,424,032
Export Development Canada
 
3.00%, 05/25/27
 
1,100
1,091,028
3.88%, 02/14/28
 
1,600
1,607,667
4.13%, 02/13/29
 
2,400
2,431,601
4.00%, 06/20/30(a)
 
1,700
1,714,286
4.75%, 06/05/34
 
700
727,719
Hydro-Quebec, Series HK, 9.38%, 04/15/30
 
300
359,684
Province of Alberta Canada
 
3.30%, 03/15/28
 
409
405,436
4.50%, 06/26/29
 
1,000
1,022,917
1.30%, 07/22/30
 
1,259
1,124,475
4.50%, 01/24/34
 
1,000
1,007,499
4.30%, 11/02/35
 
1,000
980,088
Province of British Columbia, 3.90%, 08/27/30(a)
 
1,800
1,797,990
Province of British Columbia Canada
 
4.70%, 01/24/28
 
2,500
2,549,084
4.80%, 11/15/28
 
1,200
1,233,735
4.90%, 04/24/29
 
1,500
1,551,514
1.30%, 01/29/31
 
100
87,866
4.20%, 07/06/33(a)
 
1,200
1,187,722
4.75%, 06/12/34
 
1,500
1,531,693
54

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Canada (continued)
Province of British Columbia Canada(continued)
 
4.80%, 06/11/35(a)
$
1,860
$ 1,894,561
Province of Manitoba Canada
 
4.30%, 07/27/33
 
600
596,912
4.90%, 05/31/34
 
650
669,199
Series HB, 1.50%, 10/25/28
 
159
149,722
Province of New Brunswick Canada, 3.63%,
02/24/28
 
179
178,306
Province of Ontario Canada
 
3.10%, 05/19/27(a)
 
800
794,232
1.05%, 05/21/27(a)
 
829
801,431
4.20%, 01/18/29
 
1,800
1,823,605
3.80%, 01/29/29
 
2,300
2,304,907
3.70%, 09/17/29(a)
 
1,300
1,295,825
2.00%, 10/02/29
 
329
308,987
4.70%, 01/15/30(a)
 
2,000
2,061,066
3.90%, 09/04/30
 
2,000
1,997,925
1.13%, 10/07/30
 
959
844,381
1.60%, 02/25/31
 
659
586,845
2.13%, 01/21/32
 
1,000
894,260
5.05%, 04/24/34(a)
 
900
940,181
4.85%, 06/11/35
 
1,610
1,651,558
4.45%, 11/20/35(a)
 
1,300
1,289,857
Province of Quebec Canada
 
2.75%, 04/12/27
 
1,659
1,640,493
3.63%, 04/13/28(a)
 
2,200
2,196,235
4.50%, 04/03/29
 
2,200
2,247,255
1.35%, 05/28/30
 
959
862,456
1.90%, 04/21/31
 
600
539,641
4.50%, 09/08/33
 
1,000
1,008,669
4.25%, 09/05/34(a)
 
1,300
1,278,504
4.63%, 08/28/35(a)
 
1,300
1,306,190
Series PD, 7.50%, 09/15/29
 
900
1,010,655
Series RH, 3.88%, 01/14/31(a)
 
2,850
2,836,803
Province of Saskatchewan, 4.65%, 01/28/30
 
600
616,182
 
 
64,921,569
Chile — 0.2%
Chile Government International Bonds
 
3.24%, 02/06/28
 
982
965,832
4.85%, 01/22/29
 
1,100
1,122,266
2.45%, 01/31/31
 
983
898,824
4.35%, 04/13/31
 
500
497,703
2.55%, 01/27/32
 
1,078
964,270
2.55%, 07/27/33
 
1,500
1,295,231
3.50%, 01/31/34
 
800
732,421
4.95%, 01/05/36
 
1,000
1,005,481
 
 
7,482,028
Indonesia — 0.4%
Indonesia Government International Bonds
 
4.15%, 09/20/27
 
600
601,568
3.50%, 01/11/28
 
810
803,115
4.55%, 01/11/28
 
600
605,582
4.10%, 04/24/28
 
478
479,772
4.75%, 02/11/29
 
478
485,816
4.40%, 03/10/29
 
400
402,447
3.40%, 09/18/29
 
400
389,426
5.25%, 01/15/30(a)
 
600
620,441
2.85%, 02/14/30
 
810
765,746
3.85%, 10/15/30
 
1,310
1,284,308
4.35%, 02/21/31
 
700
696,400
1.85%, 03/12/31
 
800
704,708
Security
 
Par
(000)
Value
Indonesia (continued)
Indonesia Government International
Bonds(continued)
 
4.30%, 04/16/31(a)
$
500
$ 496,175
2.15%, 07/28/31
 
800
708,822
3.55%, 03/31/32
 
700
661,094
4.65%, 09/20/32
 
800
801,778
4.85%, 01/11/33
 
850
852,063
4.70%, 02/10/34(a)
 
400
394,865
4.75%, 09/10/34
 
800
788,517
5.60%, 01/15/35
 
750
784,084
 
 
13,326,727
Israel — 0.3%
Israel Government International Bonds
 
Series 10Y, 3.25%, 01/17/28
 
982
963,994
Series 10Y, 2.75%, 07/03/30
 
858
797,779
Series 10Y, 4.50%, 01/17/33
 
1,150
1,122,074
Series 10Y, 5.50%, 03/12/34
 
1,900
1,957,085
Series 10Y, 5.63%, 02/19/35
 
1,500
1,552,060
Series 10Y, 5.00%, 01/13/36
 
1,300
1,279,071
Series 5Y, 5.38%, 03/12/29
 
1,300
1,334,858
Series 5Y, 5.38%, 02/19/30
 
1,700
1,754,304
Series 5Y, 4.50%, 01/13/31
 
1,450
1,442,220
State of Israel, Series 10Y, 2.50%, 01/15/30
 
710
659,167
 
 
12,862,612
Italy — 0.0%
Republic of Italy Government International Bonds,
Series 10Y, 2.88%, 10/17/29
 
883
848,756
Japan — 0.5%
Japan Bank for International Cooperation
 
2.88%, 06/01/27
 
976
964,498
2.88%, 07/21/27
 
900
888,542
4.63%, 07/22/27
 
1,000
1,012,098
4.38%, 10/05/27(a)
 
500
504,963
2.75%, 11/16/27
 
1,200
1,179,110
3.88%, 07/03/28
 
1,000
1,001,816
4.63%, 07/19/28
 
950
968,290
3.25%, 07/20/28(a)
 
610
602,347
4.88%, 10/18/28(a)
 
500
513,765
3.50%, 10/31/28(a)
 
900
892,987
2.13%, 02/16/29
 
900
856,086
2.00%, 10/17/29
 
476
445,282
1.25%, 01/21/31
 
1,010
885,148
3.88%, 01/23/31
 
300
298,608
4.38%, 01/24/31
 
600
609,665
1.88%, 04/15/31
 
1,886
1,694,781
4.63%, 04/17/34
 
600
609,730
4.38%, 01/23/36
 
650
641,108
Japan International Cooperation Agency
 
2.75%, 04/27/27
 
800
789,407
3.25%, 05/25/27
 
500
496,509
4.00%, 05/23/28
 
1,000
1,003,127
3.38%, 06/12/28
 
500
494,969
4.75%, 05/21/29
 
800
820,967
4.25%, 05/22/30
 
700
707,048
1.00%, 07/22/30
 
300
262,861
 
 
19,143,712
Mexico — 0.7%
Mexico Government International Bonds
 
4.15%, 03/28/27
 
1,028
1,026,634
3.75%, 01/11/28
 
778
770,290
5.40%, 02/09/28
 
900
917,865
Schedule of Investments
55

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Mexico (continued)
Mexico Government International Bonds(continued)
 
4.50%, 04/22/29
$
1,853
$ 1,858,018
5.00%, 05/07/29(a)
 
600
608,174
3.25%, 04/16/30
 
1,139
1,072,195
6.00%, 05/13/30
 
1,200
1,252,276
4.75%, 03/22/31
 
1,000
986,801
2.66%, 05/24/31
 
2,310
2,055,857
8.30%, 08/15/31(a)
 
600
709,088
4.75%, 04/27/32
 
1,639
1,594,094
5.85%, 07/02/32
 
2,500
2,561,745
5.38%, 03/22/33
 
2,500
2,471,829
7.50%, 04/08/33
 
500
570,377
4.88%, 05/19/33
 
1,300
1,244,164
5.63%, 02/09/34
 
2,000
1,993,280
3.50%, 02/12/34
 
1,900
1,635,961
6.75%, 09/27/34
 
900
967,939
6.35%, 02/09/35
 
1,800
1,870,368
5.63%, 09/22/35
 
1,700
1,664,982
 
 
27,831,937
Panama — 0.3%
Panama Government International Bonds
 
8.88%, 09/30/27
 
600
641,954
3.88%, 03/17/28
 
833
820,550
9.38%, 04/01/29
 
500
568,390
3.16%, 01/23/30
 
978
917,858
7.50%, 03/01/31
 
600
662,825
2.25%, 09/29/32
 
1,700
1,405,527
3.30%, 01/19/33
 
600
527,301
6.40%, 02/14/35
 
1,500
1,569,893
6.70%, 01/26/36
 
1,300
1,388,024
6.88%, 01/31/36
 
700
752,735
 
 
9,255,057
Peru — 0.2%
Peru Government International Bonds
 
4.13%, 08/25/27
 
180
180,486
2.84%, 06/20/30
 
282
265,887
2.78%, 01/23/31
 
2,159
1,992,631
1.86%, 12/01/32(a)
 
620
514,276
8.75%, 11/21/33
 
1,300
1,628,710
3.00%, 01/15/34
 
1,450
1,258,199
5.38%, 02/08/35
 
750
763,663
 
 
6,603,852
Philippines — 0.4%
Panama Government International Bonds
 
5.17%, 10/13/27
 
600
612,321
4.63%, 07/17/28
 
300
303,909
3.75%, 01/14/29
 
989
978,935
9.50%, 02/02/30
 
1,100
1,313,101
4.38%, 03/05/30
 
400
404,144
2.46%, 05/05/30
 
710
660,319
1.65%, 06/10/31
 
828
720,156
1.95%, 01/06/32
 
500
434,692
3.56%, 09/29/32(a)
 
600
565,246
5.61%, 04/13/33
 
400
421,725
4.75%, 03/05/35
 
800
790,636
Philippines Government International Bonds
 
3.00%, 02/01/28
 
1,578
1,547,798
7.75%, 01/14/31
 
1,243
1,432,315
6.38%, 01/15/32
 
600
660,779
5.00%, 07/17/33
 
900
915,243
5.25%, 05/14/34
 
600
617,998
6.38%, 10/23/34
 
1,000
1,107,966
Security
 
Par
(000)
Value
Philippines (continued)
Philippines Government International
Bonds(continued)
 
5.50%, 02/04/35
$
650
$ 677,503
5.00%, 01/27/36
 
1,000
1,000,833
 
 
15,165,619
Poland — 0.3%
Republic of Poland Government International Bonds
 
Series 10Y, 5.75%, 11/16/32
 
850
905,683
Series 10Y, 4.88%, 10/04/33
 
1,650
1,664,320
Series 10Y, 5.13%, 09/18/34
 
1,900
1,925,689
Series 10Y, 5.38%, 02/12/35
 
1,800
1,848,657
Series 5Y, 5.50%, 11/16/27
 
700
719,194
Series 5Y, 4.63%, 03/18/29
 
1,000
1,017,395
Series 5Y, 4.88%, 02/12/30
 
1,800
1,849,539
 
 
9,930,477
South Korea — 0.5%
Export-Import Bank of Korea
 
4.25%, 09/15/27
 
400
402,710
5.00%, 01/11/28
 
850
868,982
4.63%, 01/14/28
 
500
507,732
4.50%, 01/11/29
 
900
918,168
4.00%, 09/11/29
 
700
705,105
4.88%, 01/14/30
 
850
876,022
1.25%, 09/21/30
 
300
265,105
3.75%, 09/22/30
 
1,000
988,162
1.38%, 02/09/31
 
300
264,331
2.13%, 01/18/32
 
700
625,589
4.50%, 09/15/32
 
300
305,816
5.13%, 01/11/33
 
1,000
1,042,618
5.13%, 09/18/33
 
300
313,636
4.63%, 01/11/34
 
300
303,749
5.25%, 01/14/35
 
400
422,375
4.38%, 01/13/36
 
300
295,454
Korea Development Bank
 
4.63%, 02/15/27
 
2,000
2,017,070
4.13%, 10/16/27(a)
 
600
603,150
4.63%, 02/03/28
 
600
609,541
5.38%, 10/23/28
 
300
312,097
4.50%, 02/15/29(a)
 
800
816,665
4.88%, 02/03/30
 
800
825,327
3.75%, 09/16/30
 
575
568,398
1.63%, 01/19/31
 
200
178,440
4.25%, 09/08/32
 
200
201,023
4.38%, 02/15/33
 
800
798,746
5.63%, 10/23/33
 
500
539,941
Korea International Bonds
 
2.50%, 06/19/29
 
700
671,646
4.50%, 07/03/29
 
700
715,839
1.00%, 09/16/30
 
400
351,575
3.63%, 10/29/30(a)
 
650
643,054
 
 
18,958,066
Supranational — 5.0%
African Development Bank
 
4.13%, 02/25/27
 
1,300
1,306,274
4.38%, 11/03/27
 
1,500
1,519,698
3.88%, 06/12/28
 
1,300
1,307,752
3.50%, 09/18/29
 
1,300
1,290,728
4.00%, 03/18/30(a)
 
1,325
1,336,233
4.50%, 06/12/35
 
620
629,845
4.13%, 01/22/36
 
735
723,523
Asian Development Bank
 
2.38%, 08/10/27
 
300
294,750
56

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Supranational (continued)
Asian Development Bank(continued)
 
3.13%, 08/20/27
$
2,800
$ 2,781,223
2.50%, 11/02/27
 
1,559
1,531,010
4.38%, 01/14/28
 
3,000
3,045,201
2.75%, 01/19/28
 
1,020
1,004,332
5.82%, 06/16/28
 
719
753,186
4.38%, 03/06/29
 
2,500
2,552,531
1.88%, 03/15/29(a)
 
1,500
1,422,203
3.63%, 08/28/29(a)
 
2,300
2,295,416
1.75%, 09/19/29
 
1,659
1,550,139
1.88%, 01/24/30(a)
 
1,289
1,201,486
4.13%, 05/30/30
 
2,400
2,436,583
3.75%, 08/28/30(a)
 
1,900
1,896,234
1.50%, 03/04/31
 
1,000
892,338
3.13%, 04/27/32
 
1,000
952,961
3.88%, 09/28/32
 
900
891,209
4.38%, 03/22/35(a)
 
1,975
1,994,033
4.25%, 01/14/36
 
2,320
2,313,347
Asian Infrastructure Investment Bank
 
4.00%, 01/18/28
 
1,000
1,007,668
3.63%, 09/15/28
 
1,500
1,500,226
4.50%, 01/16/30
 
1,475
1,516,612
4.25%, 03/13/34
 
1,000
1,006,274
4.50%, 05/21/35
 
600
611,692
4.13%, 01/14/36
 
175
173,094
Corp. Andina de Fomento
 
2.25%, 02/08/27
 
400
393,544
6.00%, 04/26/27
 
1,000
1,026,064
4.13%, 01/07/28
 
650
653,480
5.00%, 01/22/30
 
500
517,032
Council of Europe Development Bank
 
3.63%, 01/26/28
 
1,000
1,000,548
4.13%, 01/24/29
 
1,000
1,012,784
4.50%, 01/15/30
 
1,025
1,052,558
Council Of Europe Development Bank, 3.75%,
01/14/31
 
255
253,959
European Bank for Reconstruction & Development
 
4.13%, 01/25/29
 
2,000
2,025,343
4.25%, 03/13/34
 
1,000
1,004,563
European Investment Bank
 
1.38%, 03/15/27
 
3,000
2,927,979
4.38%, 03/19/27
 
2,800
2,823,957
2.38%, 05/24/27
 
2,903
2,857,778
3.25%, 11/15/27
 
2,500
2,486,792
3.88%, 06/15/28
 
2,500
2,516,734
1.75%, 03/15/29(a)
 
2,100
1,983,703
4.75%, 06/15/29
 
3,000
3,102,468
1.63%, 10/09/29(a)
 
420
390,385
3.75%, 11/15/29(a)
 
3,200
3,204,831
4.50%, 03/14/30
 
4,270
4,393,743
0.88%, 05/17/30
 
400
354,792
0.75%, 09/23/30(a)
 
1,000
871,097
3.88%, 10/15/30
 
2,405
2,411,702
1.25%, 02/14/31
 
2,400
2,117,563
3.75%, 03/13/31
 
395
393,536
4.38%, 10/10/31
 
2,600
2,660,745
4.25%, 08/16/32
 
3,410
3,453,510
4.13%, 02/13/34
 
2,400
2,395,939
4.63%, 02/12/35
 
1,855
1,907,556
Inter-American Development Bank
 
2.38%, 07/07/27
 
829
815,105
Security
 
Par
(000)
Value
Supranational (continued)
Inter-American Development Bank(continued)
 
0.63%, 09/16/27
$
1,000
$ 953,702
1.13%, 07/20/28(a)
 
2,489
2,343,799
3.13%, 09/18/28(a)
 
2,000
1,975,200
2.25%, 06/18/29(a)
 
1,784
1,704,055
3.50%, 09/14/29
 
2,000
1,987,148
4.50%, 02/15/30(a)
 
2,625
2,699,591
3.75%, 06/14/30(a)
 
1,200
1,199,913
1.13%, 01/13/31
 
2,073
1,820,890
3.63%, 09/17/31
 
1,300
1,280,664
4.38%, 07/17/34
 
1,600
1,617,912
4.38%, 07/16/35
 
1,860
1,873,661
4.13%, 01/23/36
 
1,790
1,763,152
Inter-American Investment Corp.
 
4.13%, 02/15/28
 
500
504,081
3.63%, 11/20/28
 
650
648,496
4.25%, 02/14/29
 
900
913,165
4.25%, 04/01/30
 
700
710,284
International Bank for Reconstruction & Development
 
3.13%, 06/15/27
 
2,000
1,987,783
2.50%, 11/22/27(a)
 
1,659
1,628,147
0.75%, 11/24/27
 
3,000
2,852,962
1.38%, 04/20/28
 
3,403
3,244,434
3.63%, 05/05/28(a)
 
3,000
3,002,359
1.13%, 09/13/28(a)
 
3,650
3,425,636
3.63%, 09/21/29(a)
 
2,000
1,994,977
3.88%, 10/16/29
 
3,700
3,721,769
1.75%, 10/23/29
 
2,389
2,227,886
4.13%, 03/20/30
 
3,870
3,925,019
0.88%, 05/14/30
 
3,000
2,660,354
0.75%, 08/26/30
 
1,900
1,658,064
3.50%, 10/28/30(a)
 
3,200
3,157,392
1.25%, 02/10/31
 
2,150
1,896,716
4.50%, 04/10/31
 
1,900
1,955,863
1.63%, 11/03/31(a)
 
3,200
2,822,053
4.63%, 01/15/32(a)
 
3,530
3,655,285
2.50%, 03/29/32(a)
 
2,000
1,840,861
4.00%, 05/06/32(a)
 
3,400
3,403,752
3.88%, 08/28/34(a)
 
2,100
2,048,572
4.75%, 02/15/35
 
300
311,113
4.38%, 08/27/35(a)
 
3,280
3,306,998
International Finance Corp.
 
4.50%, 01/21/28
 
1,000
1,017,394
3.50%, 01/22/29
 
1,300
1,295,079
4.25%, 07/02/29
 
1,400
1,425,230
3.88%, 07/02/30
 
1,000
1,002,578
0.75%, 08/27/30(a)
 
359
313,168
Nordic Investment Bank
 
3.38%, 09/08/27
 
300
298,914
4.38%, 03/14/28
 
900
913,799
4.25%, 02/28/29
 
1,000
1,016,573
3.75%, 05/09/30
 
1,000
998,714
3.75%, 01/23/31
 
700
697,090
 
 
186,449,838
Sweden — 0.2%
Svensk Exportkredit AB
 
2.25%, 03/22/27
 
500
491,678
3.88%, 08/04/27(a)
 
800
802,573
3.75%, 09/13/27
 
1,000
1,001,484
3.75%, 05/08/28
 
1,000
1,001,713
4.13%, 06/14/28
 
600
605,991
Schedule of Investments
57

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Sweden (continued)
Svensk Exportkredit AB(continued)
 
4.25%, 02/01/29
$
1,000
$ 1,014,657
3.75%, 07/29/30
 
1,000
994,396
4.88%, 10/04/30
 
700
728,365
 
 
6,640,857
Uruguay — 0.1%
Uruguay Government International Bonds
 
4.38%, 10/27/27
 
553
555,632
4.38%, 01/23/31
 
1,323
1,336,770
5.75%, 10/28/34
 
1,400
1,481,305
 
 
3,373,707
Total Foreign Agency Obligations — 10.8%
(Cost: $401,627,390)
402,794,814
Municipal Bonds
California — 0.2%
Regents of the University of California Medical Center
Pooled Revenue, RB, Series Q, 4.13%, 05/15/32
 
200
197,194
State of California, GO, BAB, 7.50%, 04/01/34
 
1,700
1,973,593
State of California, Refunding GO
 
3.50%, 04/01/28(a)
 
285
283,708
2.50%, 10/01/29
 
530
505,887
4.88%, 09/01/30
 
500
518,946
5.75%, 10/01/31(a)
 
150
162,066
6.00%, 03/01/33
 
325
355,047
4.50%, 04/01/33
 
765
764,968
5.10%, 09/01/35
 
330
341,910
University of California, RB
 
Series BD, 3.35%, 07/01/29
 
460
452,156
Series BG, 1.61%, 05/15/30
 
820
744,934
 
 
6,300,409
Connecticut — 0.0%
State of Connecticut, GO, Series A, 5.85%, 03/15/32
 
990
1,060,940
Florida — 0.1%
State Board of Administration Finance Corp., RB
 
Series A, 1.71%, 07/01/27
 
371
359,943
Series A, 2.15%, 07/01/30
 
795
730,903
Series A, 5.53%, 07/01/34
 
650
686,471
 
 
1,777,317
Illinois — 0.1%
State of Illinois, GO, 5.10%, 06/01/33(a)
 
3,970
4,058,660
Louisiana — 0.0%
Louisiana Local Government Environmental Facilities
& Community Development Authority, RB,
Series A2, 5.05%, 12/01/34
 
105
107,894
Massachusetts — 0.0%
Commonwealth of Massachusetts, RB, Series A,
Sustainability Bonds, 3.77%, 07/15/29
 
320
319,447
New Jersey — 0.0%
New Jersey Economic Development Authority, RB,
Series A, (NPFGC), 7.43%, 02/15/29
 
1,201
1,251,022
New York — 0.0%
New York State Dormitory Authority, RB, Series B,
5.23%, 07/01/35
 
600
618,666
Port Authority of New York & New Jersey, RB,
Series 159, 6.04%, 12/01/29
 
125
133,878
 
 
752,544
Security
 
Par
(000)
Value
Oregon — 0.0%
State of Oregon, GO, 5.89%, 06/01/27
$
613
$ 622,146
Texas — 0.0%
Texas Department of Transportation State Highway
Fund, RB, Series B, 5.18%, 04/01/30
 
490
500,500
Virginia — 0.0%
Williamsburg Economic Development Authority,
Refunding RB, 4.96%, 11/01/35
 
95
96,063
Wisconsin — 0.0%
State of Wisconsin, Refunding RB, Series C, 3.15%,
05/01/27(e)
 
230
228,469
Total Municipal Bonds — 0.4%
(Cost: $17,026,445)
17,075,411
Preferred Securities
Capital Trust — 0.0%
Electric Utilities — 0.0%
American Electric Power Co., Inc., 3.88%, 02/15/62(b)
 
329
323,828
Total Preferred Securities — 0.0%
(Cost: $329,000)
323,828
Total Long-Term Investments — 97.7%
(Cost: $3,614,513,682)
3,648,881,636
 
 

Shares
 
Short-Term Securities
Money Market Funds — 7.1%
BlackRock Cash Funds: Institutional, SL Agency
Shares, 3.82%(f)(g)(h)
 
265,027,333
265,159,846
Total Short-Term Securities — 7.1%
(Cost: $265,073,541)
265,159,846
Total Investments — 104.8%
(Cost: $3,879,587,223)
3,914,041,482
Liabilities in Excess of Other Assets — (4.8)%
(179,780,243
)
Net Assets — 100.0%
$ 3,734,261,239
(a)
All or a portion of this security is on loan.
(b)
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.
(c)
When-issued security.
(d)
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.
(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.
58

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
For purposes of this report, industry and sector sub-classifications may differ from those utilized by the Fund for compliance purposes.
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the period ended January 31, 2026 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:
Affiliated Issuer
Value at
10/31/25
Purchases
at Cost
Proceeds
from Sales
Net
Realized
Gain (Loss)
Change in
Unrealized
Appreciation
(Depreciation)
Value at
01/31/26
Shares
Held at
01/31/26
Income
Capital Gain
Distributions
from
Underlying
Funds
BlackRock Cash Funds: Institutional, SL Agency
Shares
$ 286,798,554
$ 
$ (21,638,157
)(a)
$ 2,295
$ (2,846
)
$ 265,159,846
265,027,333
$ 331,017
(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 collateral investment fees, and other payments to and
from borrowers of securities.
Fair Value Hierarchy as of Period End
Various inputs are used in determining the fair value of financial instruments at the measurement date. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows: 
Level 1 – Unadjusted price quotations in active markets/exchanges that the Fund has the ability to access for identical assets or liabilities;
Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and
Level 3 – Inputs that are unobservable and significant to the  entire fair value measurement for the asset or liability (including the Valuation Committee’s assumptions used in determining the fair value of financial instruments).
The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy.  In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds that may not have a secondary market and/or may have 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 Funds financial instruments into major categories is disclosed in the Schedule of Investments above.
 
Level 1
Level 2
Level 3
Total
Assets
Investments
Long-Term Investments
Corporate Bonds
$ 
$ 3,228,687,583
$ 
$ 3,228,687,583
Foreign Agency Obligations
402,794,814
402,794,814
Municipal Bonds
17,075,411
17,075,411
Preferred Securities
Capital Trust
323,828
323,828
Short-Term Securities
Money Market Funds
265,159,846
265,159,846
 
$265,159,846
$3,648,881,636
$
$3,914,041,482
Portfolio Abbreviation 
BAB
Build America Bond
CME
Chicago Mercantile Exchange
CMT
Constant Maturity Treasury
Portfolio Abbreviation (continued)
DAC
Designated Activity Company
GO
General Obligation Bonds
MSCI
Morgan Stanley Capital International
Schedule of Investments
59

Schedule of Investments (unaudited)(continued)
January 31, 2026
iShares U.S. Intermediate Credit Bond Index Fund
Portfolio Abbreviation (continued)
NPFGC
National Public Finance Guarantee Corp.
RB
Revenue Bonds
REIT
Real Estate Investment Trust
SAB
Special Assessment Bonds
SCA
Societe en Commandite par Actions
SOFR
Secured Overnight Financing Rate
60