Security
Par
(000)
Par
(000)
Value
Semiconductors
&
Semiconductor
Equipment
(continued)
Texas
Instruments,
Inc.,
4.90%,
03/14/33
....
USD
3,448
$
3,551,752
41,203,890
Software
—
1.3%
Intuit,
Inc.,
5.20%,
09/15/33
.............
4,395
4,557,103
Oracle
Corp.,
4.90%,
02/06/33
...........
5,190
4,997,843
Trimble,
Inc.,
6.10%,
03/15/33
...........
2,893
3,093,060
12,648,006
Specialized
REITs
—
1.8%
American
Tower
Corp.
5.65%
,
03/15/33
...................
2,766
2,907,153
5.55%
,
07/15/33
...................
3,040
3,175,894
5.90%
,
11/15/33
...................
2,681
2,862,347
Crown
Castle,
Inc.,
5.10%,
05/01/33
(a)
......
2,789
2,815,741
Extra
Space
Storage
LP,
4.95%,
01/15/33
....
2,545
2,558,917
Public
Storage
Operating
Co.,
5.10%,
08/01/33
(a)
2,449
2,527,368
Weyerhaeuser
Co.,
3.38%,
03/09/33
.......
1,797
1,641,242
18,488,662
Specialty
Retail
—
1.6%
AutoZone,
Inc.
4.75%
,
02/01/33
...................
2,136
2,133,457
5.20%
,
08/01/33
...................
1,155
1,181,113
6.55%
,
11/01/33
(a)
..................
1,533
1,696,309
Lowe's
Cos.,
Inc.
5.00%
,
04/15/33
(a)
..................
4,297
4,391,547
5.15%
,
07/01/33
...................
3,341
3,438,614
Tractor
Supply
Co.,
5.25%,
05/15/33
(a)
......
2,714
2,796,989
15,638,029
Technology
Hardware,
Storage
&
Peripherals
—
1.1%
Apple,
Inc.,
4.30%,
05/10/33
(a)
...........
3,443
3,475,453
Dell
International
LLC,
5.75%,
02/01/33
.....
3,569
3,744,858
HP,
Inc.,
5.50%,
01/15/33
(a)
.............
3,858
3,946,153
11,166,464
Tobacco
—
2.1%
Altria
Group,
Inc.,
6.88%,
11/01/33
(a)
.......
1,855
2,085,469
BAT
Capital
Corp.
4.63%
,
03/22/33
...................
2,520
2,494,672
Security
Par
(000)
Par
(000)
Value
Tobacco
(continued)
6.42%
,
08/02/33
(a)
..................
USD
4,386
$
4,813,580
Philip
Morris
International,
Inc.
5.38%
,
02/15/33
...................
7,716
8,023,414
5.63%
,
09/07/33
...................
3,493
3,692,547
21,109,682
Trading
Companies
&
Distributors
—
0.3%
GATX
Corp.
4.90%
,
03/15/33
...................
1,503
1,503,363
5.45%
,
09/15/33
...................
1,466
1,513,492
3,016,855
Wireless
Telecommunication
Services
—
2.0%
America
Movil
SAB
de
CV,
5.00%,
01/20/33
...
1,640
1,659,535
T-Mobile
USA,
Inc.
4.63%
,
01/15/33
...................
2,740
2,721,821
5.20%
,
01/15/33
...................
4,161
4,273,868
5.05%
,
07/15/33
...................
8,936
9,079,145
6.70%
,
12/15/33
(a)
..................
1,895
2,114,617
19,848,986
Total
Long-Term
Investments
—
98
.1
%
(Cost:
$
961,647,915
)
..............................
982,439,695
Shares
Shares
Short-Term
Securities
Money
Market
Funds
—
11.3%
(d)(e)
BlackRock
Cash
Funds:
Institutional,
SL
Agency
Shares
,
3.82
%
(f)
...................
106,195,056
106,248,154
BlackRock
Cash
Funds:
Treasury,
SL
Agency
Shares
,
3.64
%
....................
7,019,846
7,019,846
Total
Short-Term
Securities
—
11
.3
%
(Cost:
$
113,257,787
)
..............................
113,268,000
Total
Investments
—
109
.4
%
(Cost:
$
1,074,905,702
)
............................
1,095,707,695
Liabilities
in
Excess
of
Other
Assets
—
(
9.4
)
%
.............
(
94,267,349
)
Net
Assets
—
100.0%
...............................
$
1,001,440,346
(a)
All
or
a
portion
of
this
security
is
on
loan.
(b)
Security
exempt
from
registration
pursuant
to
Rule
144A
under
the
Securities
Act
of
1933,
as
amended.
These
securities
may
be
resold
in
transactions
exempt
from
registration
to
qualified
institutional
investors.
(c)
Step
coupon
security.
Coupon
rate
will
either
increase
(step-up
bond)
or
decrease
(step-down
bond)
at
regular
intervals
until
maturity.
Interest
rate
shown
reflects
the
rate
currently
in
effect.
(d)
Affiliate
of
the
Fund.
(e)
Annualized
7-day
yield
as
of
period
end.
(f)
All
or
a
portion
of
this
security
was
purchased
with
the
cash
collateral
from
loaned
securities.