Schedule of Investments (unaudited)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Asset-Backed Securities
Citibank Credit Card Issuance Trust, 6.15%, 06/15/39
$100
$109,263
Total Asset-Backed Securities — 0.0%
(Cost: $108,761)
109,263
Corporate Bonds & Notes
Advertising — 0.0%
Omnicom Group, Inc.
3.38%, 03/01/41
10
7,442
5.40%, 10/01/48
4
3,575
 
11,017
Aerospace & Defense — 1.2%
Airbus SE, 3.95%, 04/10/47(a)
40
31,746
BAE Systems Holdings, Inc., 4.75%, 10/07/44(a)
100
90,246
BAE Systems PLC
3.00%, 09/15/50(a)
50
32,998
5.80%, 10/11/41(a)
60
61,865
Boeing Co.(The)
3.38%, 06/15/46
50
34,937
3.50%, 03/01/39
40
32,420
3.55%, 03/01/38
45
37,585
3.63%, 03/01/48
35
24,984
3.65%, 03/01/47
30
21,646
3.75%, 02/01/50
125
91,472
3.83%, 03/01/59
20
13,839
3.85%, 11/01/48
35
25,843
3.90%, 05/01/49
95
70,657
3.95%, 08/01/59
90
64,488
5.71%, 05/01/40
275
280,269
5.81%, 05/01/50
510
505,415
5.88%, 02/15/40
50
51,251
5.93%, 05/01/60
315
311,817
6.63%, 02/15/38
40
43,854
6.86%, 05/01/54
230
259,780
6.88%, 03/15/39
50
55,953
7.01%, 05/01/64
140
159,650
Embraer Netherlands Finance BV, 5.40%, 01/09/38
100
96,034
General Dynamics Corp.
2.85%, 06/01/41
25
18,589
3.60%, 11/15/42
41
32,780
4.25%, 04/01/40
95
85,340
4.25%, 04/01/50
70
59,073
General Electric Co.
4.50%, 03/11/44
50
44,422
5.88%, 01/14/38
75
80,003
6.88%, 01/10/39
60
69,422
Honeywell Aerospace, Inc.
5.62%, 03/16/46(a)
155
154,548
5.73%, 03/16/56(a)
245
245,080
5.85%, 03/16/66(a)
185
186,279
Howmet Aerospace, Inc., 5.95%, 02/01/37
85
90,338
L3Harris Technologies, Inc.
5.05%, 04/27/45
55
51,380
5.50%, 08/15/54
55
53,131
5.60%, 07/31/53
50
49,030
6.15%, 12/15/40
50
52,789
Lockheed Martin Corp.
2.80%, 06/15/50
125
78,849
3.80%, 03/01/45
115
91,318
4.07%, 12/15/42
155
131,423
Security
Par
(000
)
Value
Aerospace & Defense (continued)
4.09%, 09/15/52
$147
$115,418
4.15%, 06/15/53
115
90,977
4.30%, 06/15/62
65
50,832
4.70%, 05/15/46
147
130,674
5.20%, 02/15/55(b)
80
74,860
5.20%, 02/15/64
10
9,197
5.70%, 11/15/54
75
75,190
5.72%, 06/01/40
50
52,678
5.90%, 11/15/63
55
56,490
Series B, 6.15%, 09/01/36
50
54,452
Northrop Grumman Corp.
3.85%, 04/15/45
70
55,281
4.03%, 10/15/47
193
153,519
4.75%, 06/01/43
108
98,224
4.95%, 03/15/53
100
89,271
5.05%, 11/15/40
40
38,731
5.15%, 05/01/40
60
58,708
5.20%, 06/01/54(b)
110
102,129
5.25%, 05/01/50
100
93,705
RTX Corp.
2.82%, 09/01/51
90
55,739
3.03%, 03/15/52
105
67,557
3.13%, 07/01/50
115
76,381
3.75%, 11/01/46
125
95,604
4.05%, 05/04/47
55
43,810
4.15%, 05/15/45
51
41,978
4.35%, 04/15/47
105
87,512
4.45%, 11/16/38
55
50,936
4.50%, 06/01/42
345
308,090
4.63%, 11/16/48
180
155,153
4.70%, 12/15/41
55
50,661
4.80%, 12/15/43
55
49,599
4.88%, 10/15/40
36
34,179
5.38%, 02/27/53
125
118,644
5.70%, 04/15/40
30
30,771
6.05%, 06/01/36
65
69,832
6.13%, 07/15/38
65
69,916
6.40%, 03/15/54
175
191,201
 
6,970,442
Agriculture — 0.5%
Altria Group, Inc.
3.40%, 02/04/41
150
114,313
3.70%, 02/04/51
135
93,771
3.88%, 09/16/46
125
93,010
4.00%, 02/04/61
95
66,935
4.25%, 08/09/42
68
55,795
4.45%, 05/06/50
55
43,433
4.50%, 05/02/43
60
50,389
5.38%, 01/31/44
180
168,076
5.80%, 02/14/39
190
192,733
5.95%, 02/14/49
205
201,829
Archer-Daniels-Midland Co.
2.70%, 09/15/51
75
45,758
3.75%, 09/15/47
35
26,673
4.02%, 04/16/43
35
28,915
4.50%, 03/15/49
60
51,352
4.54%, 03/26/42
32
28,645
BAT Capital Corp.
4.39%, 08/15/37
240
219,585
4.54%, 08/15/47
202
166,230
4.76%, 09/06/49
105
88,258
1

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Agriculture (continued)
5.28%, 04/02/50
$55
$49,420
5.65%, 03/16/52
70
65,833
6.25%, 08/15/55
60
61,304
7.08%, 08/02/43
85
94,585
7.08%, 08/02/53
95
106,658
Cargill, Inc.
3.13%, 05/25/51(a)
75
49,769
3.88%, 05/23/49(a)
40
30,879
4.38%, 04/22/52(a)
40
32,723
4.76%, 11/23/45(a)
50
44,632
5.38%, 10/23/55(a)
65
61,921
Philip Morris International, Inc.
3.88%, 08/21/42
74
60,416
4.13%, 03/04/43
90
75,328
4.25%, 11/10/44
120
100,555
4.38%, 11/15/41
67
58,692
4.50%, 03/20/42
55
48,425
4.88%, 11/15/43
70
63,678
6.38%, 05/16/38
100
109,549
Reynolds American, Inc.
5.85%, 08/15/45
225
220,735
6.15%, 09/15/43
60
60,771
7.25%, 06/15/37
61
69,627
 
3,201,200
Airlines — 0.0%
American Airlines 2025-1 Class A Pass Through Trust,
4.90%, 11/11/39
25
24,261
United Airlines Pass-Through Trust, Series AA, 5.45%,
08/15/38
9
9,604
 
33,865
Apparel — 0.1%
NIKE, Inc.
3.25%, 03/27/40
90
71,613
3.38%, 11/01/46
40
28,950
3.38%, 03/27/50
150
105,935
3.63%, 05/01/43
50
39,236
3.88%, 11/01/45
90
71,358
VF Corp., 6.45%, 11/01/37
30
28,698
 
345,790
Auto Manufacturers — 0.2%
Cummins, Inc.
2.60%, 09/01/50
75
45,178
4.88%, 10/01/43
66
62,192
5.45%, 02/20/54
70
68,451
Ford Motor Co.
4.75%, 01/15/43
200
159,267
5.29%, 12/08/46
120
100,187
7.40%, 11/01/46
25
26,639
General Motors Co.
5.15%, 04/01/38
95
90,492
5.20%, 04/01/45
105
93,134
5.40%, 04/01/48(b)
80
71,858
5.95%, 04/01/49(b)
85
81,692
6.25%, 10/02/43
138
138,712
6.75%, 04/01/46
70
73,830
 
1,011,632
Auto Parts & Equipment — 0.1%
Aptiv Swiss Holdings Ltd.
3.10%, 12/01/51
165
101,639
4.15%, 05/01/52
110
81,822
Security
Par
(000
)
Value
Auto Parts & Equipment (continued)
BorgWarner, Inc., 4.38%, 03/15/45(b)
$61
$50,621
Lear Corp.
3.55%, 01/15/52
35
23,718
5.25%, 05/15/49
65
58,953
 
316,753
Banks — 3.5%
Bank of America Corp.
2.68%, 06/19/41, (1-day SOFR + 1.93%)(c)
479
347,572
2.83%, 10/24/51, (1-day SOFR + 1.88%)(c)
90
56,415
2.97%, 07/21/52, (1-day SOFR + 1.56%)(b)(c)
195
126,003
3.31%, 04/22/42, (1-day SOFR + 1.58%)(c)
355
274,506
3.95%, 01/23/49, (3-mo. CME Term SOFR +
1.45%)(c)
130
101,801
4.08%, 04/23/40, (3-mo. CME Term SOFR +
1.58%)(c)
153
133,721
4.08%, 03/20/51, (3-mo. CME Term SOFR +
3.41%)(c)
515
406,640
4.24%, 04/24/38, (3-mo. CME Term SOFR +
2.08%)(c)
210
192,072
4.33%, 03/15/50, (3-mo. CME Term SOFR +
1.78%)(c)
266
219,190
4.44%, 01/20/48, (3-mo. CME Term SOFR +
2.25%)(c)
195
165,920
4.88%, 04/01/44
55
50,951
5.00%, 01/21/44
200
187,879
5.88%, 02/07/42
145
149,983
6.11%, 01/29/37
120
126,580
7.75%, 05/14/38
175
209,273
Series L, 4.75%, 04/21/45
65
57,227
Series N, 3.48%, 03/13/52, (1-day SOFR +
1.65%)(c)
85
60,342
Bank of America N.A., 6.00%, 10/15/36
85
90,014
Barclays PLC
3.33%, 11/24/42, (1-year CMT + 1.30%)(c)
200
149,564
3.81%, 03/10/42, (1-year CMT + 1.70%)(c)
10
7,885
4.95%, 01/10/47
185
165,022
5.25%, 08/17/45
200
187,423
5.86%, 08/11/46, (1-day SOFR + 1.83%)(c)
80
79,715
BNP Paribas SA, 2.82%, 01/26/41(a)
50
35,175
BPCE SA, 6.35%, 01/13/47, (1-day SOFR +
2.11%)(a)(c)
250
243,605
Citigroup, Inc.
2.90%, 11/03/42, (1-day SOFR + 1.38%)(c)
105
76,075
3.88%, 01/24/39, (3-mo. CME Term SOFR +
1.43%)(c)
105
91,177
4.65%, 07/30/45
112
98,863
4.75%, 05/18/46
195
166,136
5.30%, 05/06/44
100
93,983
5.32%, 03/26/41, (1-day SOFR + 4.55%)(c)
137
134,547
5.61%, 03/04/56, (1-day SOFR + 1.75%)(c)
180
176,356
5.88%, 01/30/42
100
102,867
6.68%, 09/13/43
105
113,965
8.13%, 07/15/39
186
232,631
Commonwealth Bank of Australia
3.31%, 03/11/41(a)
200
153,317
3.74%, 09/12/39(a)
200
164,505
3.90%, 07/12/47(a)
155
123,553
Cooperatieve Rabobank UA
5.25%, 05/24/41
105
103,338
5.25%, 08/04/45
250
231,523
5.75%, 12/01/43
45
44,321
2

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Banks (continued)
Fifth Third Bancorp, 8.25%, 03/01/38
$77
$93,297
Goldman Sachs Group, Inc.(The)
2.91%, 07/21/42, (1-day SOFR + 1.47%)(c)
140
100,978
3.21%, 04/22/42, (1-day SOFR + 1.51%)(c)
145
109,244
3.44%, 02/24/43, (1-day SOFR + 1.63%)(c)
220
168,051
4.02%, 10/31/38, (3-mo. CME Term SOFR +
1.63%)(c)
235
206,148
4.41%, 04/23/39, (3-mo. CME Term SOFR +
1.69%)(c)
146
131,692
4.75%, 10/21/45
185
163,273
4.80%, 07/08/44
191
171,079
5.15%, 05/22/45
240
219,152
5.54%, 01/21/47, (1-day SOFR + 1.32%)(c)
370
356,989
5.56%, 11/19/45, (1-day SOFR + 1.58%)(c)
205
199,167
5.73%, 01/28/56, (1-day SOFR + 1.70%)(c)
240
236,690
6.25%, 02/01/41
235
249,741
6.75%, 10/01/37
513
561,023
HSBC Holdings PLC
5.25%, 03/14/44
190
180,231
6.10%, 01/14/42
130
137,918
6.33%, 03/09/44, (1-day SOFR + 2.65%)(c)
290
310,158
6.50%, 09/15/37
245
261,446
6.80%, 06/01/38
100
108,792
Intesa Sanpaolo SpA
4.95%, 06/01/42, (1-year CMT + 2.75%)(a)(c)
80
68,868
7.78%, 06/20/54, (1-year CMT + 3.90%)(a)(c)
110
129,980
7.80%, 11/28/53(a)
180
216,424
Series XR, 4.70%, 09/23/49(a)
10
8,265
JPMorgan Chase & Co.
2.53%, 11/19/41, (3-mo. CME Term SOFR +
1.51%)(c)
132
93,565
3.11%, 04/22/41, (3-mo. CME Term SOFR +
2.46%)(c)
150
116,062
3.11%, 04/22/51, (1-day SOFR + 2.44%)(c)
176
117,466
3.16%, 04/22/42, (3-mo. CME Term SOFR +
1.46%)(c)
205
156,279
3.33%, 04/22/52, (1-day SOFR + 1.58%)(c)
340
235,024
3.88%, 07/24/38, (3-mo. CME Term SOFR +
1.62%)(c)
247
218,254
3.90%, 01/23/49, (3-mo. CME Term SOFR +
1.48%)(c)
145
113,312
3.96%, 11/15/48, (3-mo. CME Term SOFR +
1.64%)(c)
325
257,595
4.03%, 07/24/48, (3-mo. CME Term SOFR +
1.72%)(c)
120
95,790
4.26%, 02/22/48, (3-mo. CME Term SOFR +
1.84%)(c)
190
157,671
4.85%, 02/01/44
115
105,938
4.95%, 06/01/45
145
133,267
5.40%, 01/06/42
125
124,025
5.50%, 10/15/40
136
138,865
5.53%, 11/29/45, (1-day SOFR + 1.55%)(c)
210
208,558
5.60%, 07/15/41
180
183,159
5.63%, 08/16/43
120
120,517
6.40%, 05/15/38
235
259,620
Kreditanstalt fuer Wiederaufbau, 0.00%, 06/29/37(d)
175
106,112
Lloyds Banking Group PLC
3.37%, 12/14/46, (5-year CMT + 1.50%)(c)
30
22,060
4.34%, 01/09/48
220
179,151
5.30%, 12/01/45
200
186,084
Security
Par
(000
)
Value
Banks (continued)
Mitsubishi UFJ Financial Group, Inc.
3.75%, 07/18/39
$200
$170,161
4.15%, 03/07/39
111
100,459
4.29%, 07/26/38
80
74,497
Morgan Stanley
2.80%, 01/25/52, (1-day SOFR + 1.43%)(c)
210
130,920
3.22%, 04/22/42, (1-day SOFR + 1.49%)(c)
200
152,645
3.97%, 07/22/38(c)
195
171,487
4.30%, 01/27/45
255
215,437
4.38%, 01/22/47
215
180,306
4.46%, 04/22/39, (3-mo. CME Term SOFR +
1.69%)(c)
102
94,249
5.52%, 11/19/55, (1-day SOFR + 1.71%)(c)
275
266,336
5.60%, 03/24/51, (1-day SOFR + 4.84%)(c)
106
104,101
5.90%, 03/13/47, (1-day SOFR + 1.78%)(c)
270
273,790
6.38%, 07/24/42
217
236,411
Regions Financial Corp., 7.38%, 12/10/37
15
16,996
Societe Generale SA
3.63%, 03/01/41(a)
200
145,860
4.03%, 01/21/43, (1-year CMT + 1.90%)(a)(c)
40
30,169
5.63%, 11/24/45(a)
20
18,599
7.13%, 01/19/55, (1-year CMT + 2.95%)(a)(c)
100
104,127
7.37%, 01/10/53(a)
90
96,178
Standard Chartered PLC
5.30%, 01/09/43(a)
20
18,501
5.70%, 03/26/44(a)
200
193,992
Sumitomo Mitsui Financial Group, Inc.
2.30%, 01/12/41
200
137,453
2.93%, 09/17/41
40
28,870
3.05%, 01/14/42
50
37,351
5.57%, 01/15/47, (1-day SOFR + 1.36%)(c)
180
176,993
5.80%, 07/08/46, (1-day SOFR + 1.78%)(c)
20
19,685
5.84%, 07/09/44
95
95,303
6.18%, 07/13/43
40
42,399
UBS AG/London, 4.50%, 06/26/48
165
142,137
UBS Group AG
3.18%, 02/11/43, (1-year CMT + 1.10%)(a)(c)
210
156,625
4.88%, 05/15/45
225
204,107
5.20%, 08/10/37, (1-day SOFR + 1.34%)(a)(c)
200
196,947
5.38%, 09/06/45, (1-year USD ICE Swap +
1.86%)(a)(c)
200
191,002
5.53%, 05/06/47, (1-day SOFR + 1.49%)(a)(c)
40
38,666
Wells Fargo & Co.
3.07%, 04/30/41, (1-day SOFR + 2.53%)(c)
310
235,319
3.90%, 05/01/45
200
158,389
4.40%, 06/14/46
195
158,313
4.61%, 04/25/53, (1-day SOFR + 2.13%)(c)
305
256,833
4.65%, 11/04/44
125
105,938
4.75%, 12/07/46
190
161,321
4.90%, 11/17/45
193
168,978
5.01%, 04/04/51, (3-mo. CME Term SOFR +
4.50%)(c)
475
425,391
5.38%, 11/02/43
186
175,161
5.43%, 01/23/47, (1-day SOFR + 1.23%)(c)
215
206,393
5.61%, 01/15/44
230
222,156
5.95%, 12/01/86
55
56,091
Wells Fargo Bank NA, 6.60%, 01/15/38
250
274,120
Westpac Banking Corp.
2.96%, 11/16/40
80
59,155
3.13%, 11/18/41
50
36,936
3

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Banks (continued)
4.42%, 07/24/39
$85
$76,234
 
20,688,102
Beverages — 0.9%
Anheuser-Busch Cos LLC/Anheuser-Busch InBev
Worldwide, Inc., 4.90%, 02/01/46
835
763,174
Anheuser-Busch InBev Finance, Inc.
4.00%, 01/17/43
10
8,241
4.63%, 02/01/44
45
39,992
4.90%, 02/01/46
145
131,593
Anheuser-Busch InBev Worldwide, Inc.
3.75%, 07/15/42
40
32,211
4.38%, 04/15/38
70
65,420
4.44%, 10/06/48
166
140,638
4.50%, 06/01/50
45
40,217
4.60%, 04/15/48
46
39,640
4.75%, 04/15/58
45
38,745
4.95%, 01/15/42
175
164,796
5.45%, 01/23/39
185
188,567
5.55%, 01/23/49
385
378,778
5.80%, 01/23/59
195
198,545
8.00%, 11/15/39
35
43,672
8.20%, 01/15/39
130
163,846
Bacardi Ltd./Bacardi-Martini BV, 5.90%, 06/15/43(a)
100
95,915
Brown-Forman Corp.
4.00%, 04/15/38
50
43,936
4.50%, 07/15/45
47
39,796
Coca-Cola Co.(The)
2.50%, 06/01/40
131
96,151
2.50%, 03/15/51
155
92,218
2.60%, 06/01/50
90
55,272
2.75%, 06/01/60
125
72,479
2.88%, 05/05/41
85
64,560
3.00%, 03/05/51
160
106,252
4.20%, 03/25/50
60
49,575
5.20%, 01/14/55
95
90,517
5.30%, 05/13/54
105
101,450
5.40%, 05/13/64
130
125,007
Constellation Brands, Inc.
3.75%, 05/01/50
50
36,548
4.10%, 02/15/48
50
38,914
4.50%, 05/09/47
45
37,223
5.25%, 11/15/48
50
45,821
Diageo Capital PLC
3.88%, 04/29/43
40
32,127
5.88%, 09/30/36
70
74,293
Diageo Investment Corp., 4.25%, 05/11/42
47
40,335
Fomento Economico Mexicano SAB de CV
3.50%, 01/16/50
150
107,816
4.38%, 05/10/43
15
12,990
Heineken NV
4.00%, 10/01/42(a)
25
20,690
4.35%, 03/29/47(a)
75
62,344
Keurig Dr Pepper, Inc.
3.35%, 03/15/51
55
35,893
3.80%, 05/01/50
55
39,050
4.42%, 12/15/46
50
40,216
4.50%, 11/15/45
60
49,570
4.50%, 04/15/52
95
75,644
5.09%, 05/25/48
50
43,929
Maple Parent Holdings Corp., 6.63%, 03/26/56(a)
25
26,048
Security
Par
(000
)
Value
Beverages (continued)
Molson Coors Beverage Co.
4.20%, 07/15/46
$169
$135,114
5.00%, 05/01/42
85
77,927
PepsiCo, Inc.
2.63%, 10/21/41
95
67,984
2.75%, 10/21/51
85
52,602
2.88%, 10/15/49
35
22,743
3.38%, 07/29/49
42
29,898
3.45%, 10/06/46
110
81,716
3.50%, 03/19/40
35
29,071
3.60%, 08/13/42
20
16,009
3.63%, 03/19/50
94
69,762
3.88%, 03/19/60
45
33,364
4.00%, 03/05/42
70
59,575
4.00%, 05/02/47
60
48,254
4.20%, 07/18/52
65
52,737
4.25%, 10/22/44
20
17,054
4.45%, 04/14/46
100
86,906
4.65%, 02/15/53
45
39,398
4.88%, 11/01/40
60
57,607
5.25%, 07/17/54
75
72,146
5.50%, 01/15/40
20
20,544
Pernod Ricard International Finance LLC, 2.75%,
10/01/50(a)
40
23,638
Pernod Ricard SA, 5.50%, 01/15/42(a)
10
9,666
 
5,394,369
Biotechnology — 0.8%
Amgen, Inc.
2.77%, 09/01/53
112
66,495
2.80%, 08/15/41
70
50,731
3.00%, 01/15/52
90
58,375
3.15%, 02/21/40
175
136,105
3.38%, 02/21/50
170
120,054
4.20%, 02/22/52
65
50,883
4.40%, 05/01/45
180
152,525
4.40%, 02/22/62
100
77,900
4.56%, 06/15/48
145
122,584
4.66%, 06/15/51
325
275,377
4.88%, 03/01/53
110
95,517
4.95%, 10/01/41
86
80,055
5.15%, 11/15/41
101
96,001
5.50%, 02/19/46
70
67,690
5.60%, 03/02/43
210
208,294
5.65%, 06/15/42
60
59,623
5.65%, 03/02/53
380
369,337
5.65%, 02/19/56
35
34,054
5.75%, 03/02/63
235
227,982
6.38%, 06/01/37
62
67,594
6.40%, 02/01/39
35
37,730
Baxalta, Inc., 5.25%, 06/23/45
5
4,663
Biogen, Inc.
3.15%, 05/01/50
160
103,453
3.25%, 02/15/51
54
35,248
5.20%, 09/15/45
110
101,398
6.45%, 05/15/55
50
53,112
CSL Finance PLC
4.63%, 04/27/42(a)
30
26,443
4.75%, 04/27/52(a)
100
84,966
4.95%, 04/27/62(a)
60
50,784
5.42%, 04/03/54(a)
80
74,966
4

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Biotechnology (continued)
Gilead Sciences, Inc.
2.60%, 10/01/40
$80
$58,275
2.80%, 10/01/50
155
97,840
4.00%, 09/01/36
95
87,350
4.15%, 03/01/47
130
106,410
4.50%, 02/01/45
175
152,466
4.75%, 03/01/46
220
197,332
4.80%, 04/01/44
170
154,945
5.50%, 11/15/54
80
78,128
5.55%, 10/15/53
100
98,376
5.60%, 11/15/64
80
78,396
5.65%, 12/01/41
110
112,236
Regeneron Pharmaceuticals, Inc., 2.80%, 09/15/50
70
42,550
Royalty Pharma PLC
3.30%, 09/02/40
115
89,090
3.35%, 09/02/51
50
33,322
3.55%, 09/02/50
105
73,156
5.90%, 09/02/54
35
34,572
5.95%, 09/25/55
50
49,761
 
4,534,144
Building Materials — 0.2%
Carrier Global Corp.
3.38%, 04/05/40
145
116,097
3.58%, 04/05/50
173
125,896
6.20%, 03/15/54
31
33,045
CRH America Finance, Inc.
4.50%, 04/04/48(a)
85
71,235
5.60%, 02/09/56
65
63,374
CRH America, Inc., 5.13%, 05/18/45(a)
100
92,002
Fortune Brands Innovations, Inc., 4.50%, 03/25/52
55
43,953
Johnson Controls International PLC
4.50%, 02/15/47
70
59,467
4.63%, 07/02/44
35
30,757
4.95%, 07/02/64(e)
23
19,873
Martin Marietta Materials, Inc.
3.20%, 07/15/51
105
69,649
4.25%, 12/15/47
75
60,849
5.50%, 12/01/54
55
52,770
Masco Corp.
3.13%, 02/15/51
35
22,638
4.50%, 05/15/47
47
38,928
Owens Corning
4.30%, 07/15/47
73
59,002
4.40%, 01/30/48
50
40,973
5.95%, 06/15/54(b)
55
55,206
7.00%, 12/01/36
30
33,720
Trane Technologies Financing Ltd.
4.50%, 03/21/49
35
29,872
4.65%, 11/01/44
25
22,291
Trane Technologies Holdco, Inc.
4.30%, 02/21/48
35
28,874
5.75%, 06/15/43
60
61,833
Vulcan Materials Co.
4.50%, 06/15/47
80
67,947
4.70%, 03/01/48
50
43,524
5.70%, 12/01/54
60
59,208
 
1,402,983
Chemicals — 0.7%
Air Products and Chemicals, Inc.
2.70%, 05/15/40
75
55,448
Security
Par
(000
)
Value
Chemicals (continued)
2.80%, 05/15/50
$105
$65,619
Ashland, Inc., 6.88%, 05/15/43
30
29,830
Braskem America Finance Co., 7.13%, 07/22/41(f)
200
107,561
CF Industries, Inc.
4.95%, 06/01/43
82
74,446
5.38%, 03/15/44
75
70,904
Dow Chemical Co.(The)
3.60%, 11/15/50
125
83,222
4.38%, 11/15/42
112
90,716
4.63%, 10/01/44
55
44,976
4.80%, 05/15/49
80
64,083
5.25%, 11/15/41
75
67,874
5.55%, 11/30/48
70
62,284
5.60%, 02/15/54
50
44,421
5.95%, 03/15/55
60
55,883
6.90%, 05/15/53(b)
85
89,195
9.40%, 05/15/39
53
68,641
DuPont de Nemours, Inc.
5.32%, 11/15/38
86
84,843
5.42%, 11/15/48
46
43,432
Eastman Chemical Co.
4.65%, 10/15/44
89
75,902
4.80%, 09/01/42
60
53,157
Ecolab, Inc.
2.13%, 08/15/50
55
29,780
2.70%, 12/15/51
95
57,868
2.75%, 08/18/55
87
51,679
3.95%, 12/01/47
65
51,605
5.50%, 12/08/41
15
15,123
FMC Corp.
4.50%, 10/01/49(b)
60
37,498
6.38%, 05/18/53(b)
35
27,238
ICL Group Ltd., 6.38%, 05/31/38(a)(f)
60
62,361
International Flavors & Fragrances, Inc.
3.27%, 11/15/40(a)
42
31,796
3.47%, 12/01/50(a)
60
41,185
4.38%, 06/01/47
55
44,341
5.00%, 09/26/48
45
39,686
Linde, Inc./CT
2.00%, 08/10/50
20
10,721
3.55%, 11/07/42
90
71,870
LYB International Finance BV
4.88%, 03/15/44
98
82,863
5.25%, 07/15/43
75
66,316
LYB International Finance III LLC
3.38%, 10/01/40
50
36,968
3.63%, 04/01/51
105
69,392
3.80%, 10/01/60
40
25,488
4.20%, 10/15/49
100
73,328
4.20%, 05/01/50
95
69,420
LyondellBasell Industries NV, 4.63%, 02/26/55
66
51,016
Methanex Corp., 5.65%, 12/01/44
30
27,380
Mosaic Co.(The)
4.88%, 11/15/41
50
44,576
5.63%, 11/15/43
50
47,373
Nutrien Ltd.
3.95%, 05/13/50
65
48,785
4.90%, 06/01/43
55
49,489
5.00%, 04/01/49
40
35,654
5.25%, 01/15/45
50
46,700
5.63%, 12/01/40
51
50,567
5

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Chemicals (continued)
5.80%, 03/27/53
$85
$84,226
5.88%, 12/01/36
30
31,143
6.13%, 01/15/41
25
26,273
OCP SA, 5.13%, 06/23/51(f)
200
160,009
Orbia Advance Corp. SAB de CV, 5.88%, 09/17/44(f)
200
160,154
RPM International, Inc.
4.25%, 01/15/48
40
32,066
5.25%, 06/01/45
35
32,545
Sherwin-Williams Co.(The)
2.90%, 03/15/52
50
30,717
3.30%, 05/15/50
55
36,972
3.80%, 08/15/49
50
37,383
4.00%, 12/15/42
30
24,226
4.50%, 06/01/47
125
105,022
4.55%, 08/01/45
35
29,822
Sociedad Quimica y Minera de Chile SA, 3.50%,
09/10/51(f)
200
137,678
Westlake Corp.
2.88%, 08/15/41
35
24,037
3.13%, 08/15/51
80
49,172
4.38%, 11/15/47
60
46,732
5.00%, 08/15/46
71
61,140
6.38%, 11/15/55
40
39,966
 
3,879,786
Commercial Services — 0.7%
American University (The), Series 2019, 3.67%,
04/01/49
40
29,942
Brown University, Series A, 2.92%, 09/01/50
5
3,279
California Endowment (The), Series 2021, 2.50%,
04/01/51
50
28,717
California Institute of Technology
3.65%, 09/01/2119
15
9,410
4.32%, 08/01/45
80
69,148
4.70%, 11/01/2111
50
39,375
Case Western Reserve University, 5.41%, 06/01/2122
30
27,035
DP World Ltd./United Arab Emirates
5.63%, 09/25/48(f)
200
185,933
6.85%, 07/02/37(a)
200
216,874
Duke University
Series 2020, 2.68%, 10/01/44
35
25,698
Series 2020, 2.76%, 10/01/50
45
28,709
Series 2020, 2.83%, 10/01/55
65
40,576
Emory University, Series 2020, 2.97%, 09/01/50
45
29,762
ERAC USA Finance LLC
4.20%, 11/01/46(a)
50
40,681
4.50%, 02/15/45(a)
35
29,944
5.40%, 05/01/53(a)
85
80,619
5.63%, 03/15/42(a)
35
34,646
7.00%, 10/15/37(a)
140
159,027
Ford Foundation (The), Series 2020, 2.42%, 06/01/50
45
26,614
George Washington University(The)
4.87%, 09/15/45
60
54,532
Series 2014, 4.30%, 09/15/44
60
50,622
Series 2018, 4.13%, 09/15/48
40
32,212
Georgetown University(The)
Series 20A, 2.94%, 04/01/50
60
38,462
Series A, 5.22%, 10/01/2118
10
8,699
Series B, 4.32%, 04/01/49
66
54,258
Global Payments, Inc.
4.15%, 08/15/49
50
36,549
5.95%, 08/15/52(b)
65
61,583
Security
Par
(000
)
Value
Commercial Services (continued)
Howard University, 5.21%, 10/01/52
$35
$28,944
Johns Hopkins University
Series 2013, 4.08%, 07/01/53
60
48,144
Series A, 2.81%, 01/01/60
35
20,269
Leland Stanford Junior University(The)
2.41%, 06/01/50
40
23,797
3.65%, 05/01/48
75
58,243
Massachusetts Institute of Technology
3.07%, 04/01/52
50
33,368
3.89%, 07/01/2116
15
10,277
3.96%, 07/01/38
30
27,401
4.68%, 07/01/2114
35
28,869
5.60%, 07/01/2111
65
63,621
5.62%, 06/01/55
10
10,177
Series F, 2.99%, 07/01/50
95
63,457
Series G, 2.29%, 07/01/51
60
34,077
Mobility Global, Inc., 6.05%, 06/15/36(a)
50
50,878
Moody's Corp.
2.75%, 08/19/41
50
35,588
3.10%, 11/29/61
25
14,865
3.25%, 05/20/50
20
13,364
3.75%, 02/25/52
55
40,127
4.88%, 12/17/48
35
30,940
5.25%, 07/15/44
56
52,851
Nature Conservancy (The), Series A, 3.96%,
03/01/52
5
3,875
Northeastern University, Series 2020, 2.89%,
10/01/50(b)
45
29,562
Northwestern University
4.64%, 12/01/44
45
42,095
Series 2017, 3.66%, 12/01/57
30
21,718
Series 2020, 2.64%, 12/01/50
65
40,131
PayPal Holdings, Inc.
3.25%, 06/01/50
85
55,526
5.05%, 06/01/52
95
81,991
5.25%, 06/01/62
35
30,537
5.50%, 06/01/54
40
36,582
President and Fellows of Harvard College
2.52%, 10/15/50
75
45,507
3.15%, 07/15/46
55
39,952
3.30%, 07/15/56
45
30,651
3.75%, 11/15/52
5
3,813
4.88%, 10/15/40
30
29,473
6.50%, 01/15/39(a)
40
44,594
Quanta Services, Inc., 3.05%, 10/01/41
75
55,457
Rockefeller Foundation (The), Series 2020, 2.49%,
10/01/50
90
54,273
S&P Global, Inc.
2.30%, 08/15/60
40
19,756
3.25%, 12/01/49
46
31,685
3.70%, 03/01/52
85
62,923
3.90%, 03/01/62
50
36,263
Thomas Jefferson University, 3.85%, 11/01/57
30
21,383
TR Finance LLC
5.65%, 11/23/43
20
19,604
5.85%, 04/15/40
40
40,126
Trustees of Boston College, 3.13%, 07/01/52
55
37,357
Trustees of Princeton University(The)
4.20%, 03/01/52
10
8,204
5.70%, 03/01/39
60
63,333
Series 2020, 2.52%, 07/01/50
110
67,747
6

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Commercial Services (continued)
Trustees of the University of Pennsylvania(The)
3.61%, 02/15/2119
$40
$24,800
4.67%, 09/01/2112
15
12,132
Series 2020, 2.40%, 10/01/50
65
38,072
University of Chicago(The)
4.00%, 10/01/53
90
70,872
Series 20B, 2.76%, 04/01/45
25
19,616
Series C, 2.55%, 04/01/50
25
16,136
University of Miami, 4.06%, 04/01/52
5
3,890
University of Notre Dame du Lac
Series 2015, 3.44%, 02/15/45
60
45,922
Series 2017, 3.39%, 02/15/48
56
41,190
University of Southern California
2.81%, 10/01/50
50
31,482
3.03%, 10/01/39
85
69,107
4.98%, 10/01/53
5
4,579
5.25%, 10/01/2111
30
27,104
Series 2017, 3.84%, 10/01/47
90
71,203
Series 21A, 2.95%, 10/01/51
35
22,669
Series A, 3.23%, 10/01/2120
30
16,765
Verisk Analytics, Inc.
3.63%, 05/15/50
35
24,747
5.50%, 06/15/45
30
28,441
Washington University(The)
3.52%, 04/15/54
35
25,220
4.35%, 04/15/2122
10
7,519
William Marsh Rice University, 3.57%, 05/15/45
50
39,221
WK Kellogg Foundation Trust, 2.44%, 10/01/50(a)
5
2,967
Yale University, Series 2020, 2.40%, 04/15/50
43
25,586
 
3,855,521
Computers — 0.8%
Apple, Inc.
2.38%, 02/08/41
150
106,634
2.40%, 08/20/50
160
93,332
2.55%, 08/20/60
145
78,893
2.65%, 05/11/50
183
113,279
2.65%, 02/08/51
215
131,706
2.70%, 08/05/51
210
129,636
2.80%, 02/08/61
130
75,195
2.85%, 08/05/61
140
81,565
2.95%, 09/11/49
125
82,777
3.45%, 02/09/45
225
173,129
3.75%, 09/12/47
130
101,394
3.75%, 11/13/47
135
105,254
3.85%, 05/04/43
255
212,553
3.85%, 08/04/46
230
183,969
3.95%, 08/08/52
140
109,371
4.10%, 08/08/62
75
57,918
4.25%, 02/09/47
120
101,366
4.38%, 05/13/45
230
201,690
4.45%, 05/06/44
125
111,444
4.65%, 02/23/46
260
234,606
4.85%, 05/10/53
145
134,547
Crane NXT Co.
4.20%, 03/15/48
35
22,316
6.55%, 11/15/36
22
22,339
Dell International LLC/EMC Corp.
3.38%, 12/15/41
70
53,713
3.45%, 12/15/51
60
41,975
8.10%, 07/15/36
89
106,825
8.35%, 07/15/46
55
69,759
Security
Par
(000
)
Value
Computers (continued)
Dell, Inc., 6.50%, 04/15/38
$35
$37,887
Hewlett Packard Enterprise Co.
5.60%, 10/15/54
130
119,814
6.35%, 10/15/45
135
138,171
HP, Inc., 6.00%, 09/15/41
75
76,924
IBM International Capital Pte. Ltd.
5.25%, 02/05/44
120
112,169
5.30%, 02/05/54
155
140,091
International Business Machines Corp.
2.85%, 05/15/40
100
73,357
2.95%, 05/15/50
115
71,720
3.43%, 02/09/52
100
66,844
4.00%, 06/20/42
85
69,961
4.15%, 05/15/39
175
153,214
4.25%, 05/15/49
165
129,441
4.70%, 02/19/46
100
86,195
4.90%, 07/27/52
100
85,447
5.60%, 11/30/39
65
66,570
5.70%, 02/10/55
100
95,997
5.80%, 02/03/56
100
97,594
7.13%, 12/01/96
15
17,179
Kyndryl Holdings, Inc., 4.10%, 10/15/41
40
28,835
 
4,604,595
Cosmetics & Personal Care — 0.1%
Colgate-Palmolive Co.
3.70%, 08/01/47
50
38,640
4.00%, 08/15/45
45
37,905
Estee Lauder Companies, Inc.(The)
3.13%, 12/01/49
85
56,117
4.15%, 03/15/47
50
39,779
4.38%, 06/15/45
45
37,454
5.15%, 05/15/53
35
31,501
6.00%, 05/15/37
35
37,241
Haleon U.S. Capital LLC, 4.00%, 03/24/52
100
77,564
Kenvue, Inc.
5.05%, 03/22/53
135
123,213
5.10%, 03/22/43
65
62,106
5.20%, 03/22/63
80
72,393
Perrigo Finance Unlimited Co., 4.90%, 12/15/44
35
25,284
Procter & Gamble Co.(The)
3.50%, 10/25/47
45
34,083
3.55%, 03/25/40
50
42,643
3.60%, 03/25/50
25
19,109
5.55%, 03/05/37
85
90,285
Unilever Capital Corp., Series 30Y, 2.63%, 08/12/51
70
42,957
 
868,274
Distribution & Wholesale — 0.0%
WW Grainger, Inc.
3.75%, 05/15/46
55
42,952
4.20%, 05/15/47
40
33,006
4.60%, 06/15/45
100
89,313
 
165,271
Diversified Financial Services — 0.6%
AerCap Ireland Capital DAC/AerCap Global Aviation
Trust, 3.85%, 10/29/41
170
137,159
American Express Co., 4.05%, 12/03/42
140
117,874
Apollo Global Management, Inc., 5.80%, 05/21/54
85
81,947
Ares Finance Co. IV LLC, 3.65%, 02/01/52(a)
25
17,096
Ares Management Corp., 5.60%, 10/11/54
105
95,298
7

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Diversified Financial Services (continued)
Blackstone Holdings Finance Co. LLC
2.80%, 09/30/50(a)
$65
$38,897
2.85%, 08/05/51(a)
75
45,231
3.20%, 01/30/52(a)
60
38,930
3.50%, 09/10/49(a)
20
13,829
4.00%, 10/02/47(a)
35
26,898
4.45%, 07/15/45(a)
45
37,188
5.00%, 06/15/44(a)
60
54,199
Blue Owl Finance LLC, 4.13%, 10/07/51(b)
30
20,635
Brookfield Asset Management Ltd., 6.08%, 09/15/55
65
65,635
Brookfield Finance LLC/Brookfield Finance, Inc.,
3.45%, 04/15/50
50
33,924
Brookfield Finance, Inc.
3.50%, 03/30/51
75
51,348
3.63%, 02/15/52
50
34,702
4.70%, 09/20/47
98
83,409
5.97%, 03/04/54
100
99,109
CI Financial Corp., 4.10%, 06/15/51
25
16,815
CME Group, Inc.
4.15%, 06/15/48
65
54,250
5.30%, 09/15/43
102
101,235
FMR LLC
6.45%, 11/15/39(a)
5
5,403
6.50%, 12/14/40(a)
15
16,316
Franklin Resources, Inc., 2.95%, 08/12/51
40
24,985
Intercontinental Exchange, Inc.
2.65%, 09/15/40
40
29,207
3.00%, 06/15/50
157
102,812
3.00%, 09/15/60
150
88,550
4.25%, 09/21/48
100
82,699
4.95%, 06/15/52
160
144,983
5.20%, 06/15/62
120
109,674
Invesco Finance PLC, 5.38%, 11/30/43
30
28,640
Jefferies Financial Group, Inc., 6.50%, 01/20/43
35
35,252
KKR Group Finance Co. II LLC, 5.50%, 02/01/43(a)
50
46,950
Legg Mason, Inc., 5.63%, 01/15/44
90
88,654
Mastercard, Inc.
2.95%, 03/15/51
55
35,648
3.65%, 06/01/49
100
74,737
3.80%, 11/21/46
65
50,957
3.85%, 03/26/50
145
112,438
3.95%, 02/26/48
35
27,666
Nasdaq, Inc.
2.50%, 12/21/40
80
56,429
3.25%, 04/28/50
60
40,640
3.95%, 03/07/52
40
30,004
5.95%, 08/15/53
90
91,476
6.10%, 06/28/63
40
41,023
Neuberger Berman Group LLC/Neuberger Berman
Finance Corp., 4.88%, 04/15/45(a)
60
51,164
Raymond James Financial, Inc.
3.75%, 04/01/51
90
65,157
4.95%, 07/15/46
110
98,641
5.65%, 09/11/55
20
19,317
Visa, Inc.
2.00%, 08/15/50(b)
150
80,082
2.70%, 04/15/40
97
73,645
3.65%, 09/15/47
60
46,107
4.30%, 12/14/45
325
279,938
Voya Financial, Inc.
4.80%, 06/15/46
35
30,545
Security
Par
(000
)
Value
Diversified Financial Services (continued)
5.70%, 07/15/43
$40
$39,286
Western Union Co. (The), 6.20%, 11/17/36(b)
40
41,610
 
3,456,243
Electric — 5.7%
Abu Dhabi National Energy Co. PJSC
4.00%, 10/03/49(f)
200
154,958
6.50%, 10/27/36(a)
100
110,076
AEP Texas, Inc.
3.45%, 05/15/51
60
40,322
3.80%, 10/01/47
50
36,988
5.25%, 05/15/52
60
54,013
5.85%, 10/15/55
35
34,247
Series G, 4.15%, 05/01/49
30
22,913
Series H, 3.45%, 01/15/50
55
37,452
AEP Transmission Co. LLC
3.15%, 09/15/49
30
19,904
3.75%, 12/01/47
62
46,817
3.80%, 06/15/49
25
18,641
4.00%, 12/01/46
40
31,822
4.25%, 09/15/48
20
16,273
4.50%, 06/15/52
35
29,025
5.40%, 03/15/53
70
66,693
Series M, 3.65%, 04/01/50
55
40,083
Series N, 2.75%, 08/15/51
85
51,654
Alabama Power Co.
3.00%, 03/15/52
50
31,888
3.13%, 07/15/51
55
36,006
3.45%, 10/01/49
85
60,084
3.75%, 03/01/45
85
65,762
4.15%, 08/15/44
30
24,807
4.30%, 01/02/46
30
24,928
6.00%, 03/01/39
40
42,238
Series A, 4.30%, 07/15/48
27
22,126
Series B, 3.70%, 12/01/47
45
33,577
Alfa Desarrollo SpA, 4.55%, 09/27/51(f)
196
154,094
Ameren Illinois Co.
2.90%, 06/15/51
55
34,387
3.25%, 03/15/50
25
16,919
3.70%, 12/01/47
40
30,045
4.15%, 03/15/46
65
52,847
4.50%, 03/15/49
25
20,983
5.55%, 07/01/54
70
67,849
5.63%, 03/01/55
45
44,062
5.90%, 12/01/52
35
35,628
American Electric Power Co., Inc., 3.25%, 03/01/50
55
36,777
American Transmission Systems, Inc., 5.00%,
09/01/44(a)
30
27,272
Appalachian Power Co.
4.40%, 05/15/44
55
45,689
4.45%, 06/01/45
30
24,837
7.00%, 04/01/38
46
51,423
Series Y, 4.50%, 03/01/49
55
45,019
Series Z, 3.70%, 05/01/50
65
46,516
Arizona Public Service Co.
2.65%, 09/15/50
30
17,911
3.35%, 05/15/50
60
40,545
3.50%, 12/01/49
30
21,042
3.75%, 05/15/46
35
26,300
4.20%, 08/15/48
20
15,742
4.25%, 03/01/49
25
19,605
4.35%, 11/15/45
40
32,621
8

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Electric (continued)
4.50%, 04/01/42
$31
$27,049
5.05%, 09/01/41
30
27,862
5.90%, 08/15/55
65
64,942
Avista Corp.
4.00%, 04/01/52
10
7,449
4.35%, 06/01/48
5
4,038
Baltimore Gas and Electric Co.
2.90%, 06/15/50
45
28,247
3.20%, 09/15/49
65
43,304
3.50%, 08/15/46
35
25,335
3.75%, 08/15/47
35
26,220
4.25%, 09/15/48
10
8,070
4.55%, 06/01/52
75
62,378
5.40%, 06/01/53
45
42,581
5.65%, 06/01/54
50
48,750
6.05%, 06/01/56
70
71,987
6.35%, 10/01/36
45
48,719
Basin Electric Power Cooperative
4.75%, 04/26/47(a)(b)
5
4,309
5.85%, 10/15/55(a)
40
39,507
Berkshire Hathaway Energy Co.
2.85%, 05/15/51
85
52,077
3.80%, 07/15/48
65
48,605
4.25%, 10/15/50
75
59,502
4.45%, 01/15/49
78
63,960
4.50%, 02/01/45
98
83,990
4.60%, 05/01/53
75
62,438
5.15%, 11/15/43
35
33,109
5.95%, 05/15/37
45
47,654
CenterPoint Energy Houston Electric LLC
3.55%, 08/01/42
50
39,254
3.60%, 03/01/52
45
32,251
3.95%, 03/01/48
50
39,209
4.50%, 04/01/44
64
55,713
5.30%, 04/01/53
40
37,669
Series AD, 2.90%, 07/01/50
15
9,570
Series AF, 3.35%, 04/01/51
50
34,511
Series AJ, 4.85%, 10/01/52
35
31,050
Cleveland Electric Illuminating Co. (The), 5.95%,
12/15/36
23
23,763
CMS Energy Corp., 4.88%, 03/01/44
50
44,033
Comision Federal de Electricidad, 4.68%, 02/09/51(f)
200
143,236
Commonwealth Edison Co.
3.00%, 03/01/50
40
25,843
3.65%, 06/15/46
60
45,205
3.70%, 03/01/45
35
26,976
4.00%, 03/01/48
110
86,311
4.00%, 03/01/49
70
54,282
4.35%, 11/15/45
60
50,276
4.70%, 01/15/44
55
48,711
5.30%, 02/01/53
20
18,645
5.85%, 06/01/56
45
45,304
5.95%, 06/01/55
70
71,277
6.45%, 01/15/38
40
43,899
Series 123, 3.75%, 08/15/47
95
71,633
Series 127, 3.20%, 11/15/49
45
30,036
Series 130, 3.13%, 03/15/51
50
32,779
Series 131, 2.75%, 09/01/51
65
39,177
Series 133, 3.85%, 03/15/52
60
44,425
Connecticut Light and Power Co.(The)
4.00%, 04/01/48
90
71,154
Security
Par
(000
)
Value
Electric (continued)
4.30%, 04/15/44
$30
$25,259
5.25%, 01/15/53
45
41,964
Series A, 4.15%, 06/01/45
40
32,710
Consolidated Edison Co. of New York, Inc.
3.20%, 12/01/51
30
19,777
3.60%, 06/15/61
60
40,312
3.70%, 11/15/59
60
41,436
3.85%, 06/15/46
105
81,139
3.95%, 03/01/43
115
93,615
4.45%, 03/15/44
115
98,799
4.50%, 12/01/45
50
42,634
4.50%, 05/15/58
70
56,479
4.63%, 12/01/54
85
70,897
5.70%, 06/15/40
20
20,426
5.70%, 05/15/54
80
79,021
5.75%, 11/15/55
35
34,622
5.90%, 11/15/53
120
121,128
6.15%, 11/15/52
60
62,650
Series 07-A, 6.30%, 08/15/37
25
27,001
Series 08-B, 6.75%, 04/01/38
55
61,886
Series 12-A, 4.20%, 03/15/42
65
55,113
Series 2017, 3.88%, 06/15/47
95
73,023
Series 20B, 3.95%, 04/01/50
75
58,354
Series A, 4.13%, 05/15/49
105
82,985
Series C, 3.00%, 12/01/60
60
35,275
Series C, 4.00%, 11/15/57
40
29,380
Series C, 4.30%, 12/01/56
45
35,193
Series E, 4.65%, 12/01/48
95
81,184
Constellation Energy Generation LLC
5.60%, 06/15/42
50
49,409
5.75%, 10/01/41
25
25,187
5.75%, 03/15/54
70
68,814
5.88%, 01/15/66
55
53,552
6.25%, 10/01/39
78
82,332
6.50%, 10/01/53
65
69,581
Consumers Energy Co.
2.65%, 08/15/52
40
23,894
3.10%, 08/15/50
81
53,533
3.25%, 08/15/46
70
49,879
3.50%, 08/01/51
50
35,570
3.75%, 02/15/50
50
37,302
3.95%, 07/15/47
10
7,826
4.05%, 05/15/48
60
47,476
4.20%, 09/01/52
65
51,598
4.35%, 04/15/49
60
49,371
Cumberland Combined Cycle Generation LLC, 5.82%,
05/15/56
150
153,066
Dayton Power & Light Co. (The), 3.95%, 06/15/49
10
7,520
Delmarva Power & Light Co., 4.15%, 05/15/45
25
20,417
Dominion Energy South Carolina, Inc.
4.60%, 06/15/43
65
57,780
5.10%, 06/01/65
40
35,948
5.45%, 02/01/41
35
35,031
6.05%, 01/15/38
56
59,695
6.25%, 10/15/53
55
58,956
Dominion Energy, Inc.
4.70%, 12/01/44
45
39,119
4.85%, 08/15/52
45
38,764
7.00%, 06/15/38
40
45,180
Series A, 4.60%, 03/15/49
25
20,898
Series B, 3.30%, 04/15/41
45
34,063
9

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Electric (continued)
Series C, 4.05%, 09/15/42
$45
$36,666
Series C, 4.90%, 08/01/41
75
69,011
DTE Electric Co.
2.95%, 03/01/50
75
48,602
3.70%, 03/15/45
60
46,587
3.70%, 06/01/46
35
26,514
3.75%, 08/15/47
60
45,571
3.95%, 03/01/49
75
57,972
4.30%, 07/01/44
60
50,575
5.40%, 04/01/53
25
23,858
5.85%, 05/15/55
20
20,289
Series A, 4.00%, 04/01/43
25
20,538
Series A, 4.05%, 05/15/48
55
43,451
Series B, 3.25%, 04/01/51
50
33,623
Series B, 3.65%, 03/01/52
55
39,862
Series B, 5.55%, 03/01/56
60
58,554
Duke Energy Carolinas LLC
3.20%, 08/15/49
95
64,054
3.45%, 04/15/51
70
48,845
3.55%, 03/15/52
45
31,893
3.70%, 12/01/47
70
52,636
3.75%, 06/01/45
75
57,875
3.88%, 03/15/46
50
38,922
3.95%, 03/15/48
38
29,469
4.00%, 09/30/42
60
49,627
4.25%, 12/15/41
70
60,650
5.30%, 02/15/40
65
64,457
5.35%, 01/15/53
105
99,055
5.40%, 01/15/54
78
74,378
6.00%, 01/15/38
50
52,986
6.05%, 04/15/38
40
42,650
6.10%, 06/01/37
50
53,248
Duke Energy Corp.
3.30%, 06/15/41
95
72,050
3.50%, 06/15/51
80
54,403
3.75%, 09/01/46
145
108,270
3.95%, 08/15/47
45
34,158
4.20%, 06/15/49
70
54,524
4.80%, 12/15/45
35
30,560
5.00%, 08/15/52
125
108,546
5.70%, 09/15/55
100
95,983
5.80%, 06/15/54
50
48,547
6.10%, 09/15/53
80
81,114
Duke Energy Florida LLC
3.00%, 12/15/51
60
38,187
3.40%, 10/01/46
45
32,475
3.85%, 11/15/42
50
40,608
4.20%, 07/15/48
30
23,944
5.65%, 04/01/40
20
20,326
5.95%, 11/15/52
45
45,919
6.20%, 11/15/53
40
42,249
6.35%, 09/15/37
55
59,743
6.40%, 06/15/38
100
109,138
Duke Energy Indiana LLC
2.75%, 04/01/50
50
30,611
3.75%, 05/15/46
40
30,570
5.40%, 04/01/53
65
61,344
6.35%, 08/15/38
50
54,511
6.45%, 04/01/39
50
54,893
Series WWW, 4.90%, 07/15/43
30
27,450
Security
Par
(000
)
Value
Electric (continued)
Duke Energy Ohio, Inc.
5.55%, 03/15/54
$15
$14,439
5.65%, 04/01/53
55
53,490
Duke Energy Progress LLC
2.50%, 08/15/50
45
25,986
2.90%, 08/15/51
50
31,055
3.60%, 09/15/47
35
25,745
3.70%, 10/15/46
70
52,714
4.00%, 04/01/52
25
19,039
4.10%, 05/15/42
65
54,658
4.10%, 03/15/43
50
41,584
4.15%, 12/01/44
30
24,541
4.20%, 08/15/45
89
73,018
4.38%, 03/30/44
60
50,777
5.35%, 03/15/53
35
32,944
5.55%, 03/15/55
55
53,359
6.30%, 04/01/38
25
27,040
E.ON International Finance BV, 6.65%, 04/30/38(a)
60
66,025
Electricite de France SA
4.88%, 09/21/38(a)
125
115,899
4.88%, 01/22/44(a)
140
123,415
4.95%, 10/13/45(a)
150
131,036
5.00%, 09/21/48(a)
90
77,075
5.25%, 10/13/55(a)
15
13,102
5.60%, 01/27/40(a)
100
98,472
6.00%, 04/22/64(a)
30
28,617
6.00%, 01/22/2114(a)
65
61,212
6.13%, 04/22/56(a)
100
98,540
6.25%, 04/22/66(a)
100
98,414
6.38%, 01/13/55(a)
110
111,897
6.90%, 05/23/53(a)
130
140,074
6.95%, 01/26/39(a)
140
154,859
Emera U.S. Finance LLC, Series B, 6.85%, 10/01/56,
(5-year CMT + 2.65%)(c)
20
20,217
Emera U.S. Finance LP, 4.75%, 06/15/46
40
33,927
Enel Finance America LLC, 2.88%, 07/12/41(a)
200
140,920
Enel Finance International NV
4.75%, 05/25/47(a)
85
71,539
5.50%, 06/15/52(a)
155
142,133
5.75%, 09/30/55(a)
10
9,470
6.00%, 10/07/39(a)
50
50,986
6.80%, 09/15/37(a)
110
120,864
7.75%, 10/14/52(a)
75
89,629
Engie SA, 5.88%, 04/10/54(a)
5
4,925
Entergy Arkansas LLC
2.65%, 06/15/51
70
41,144
3.35%, 06/15/52
45
30,331
4.20%, 04/01/49
70
55,697
5.75%, 06/01/54
40
39,481
5.75%, 01/15/56
50
49,451
Entergy Corp.
3.75%, 06/15/50
60
43,190
6.10%, 06/15/56, (5-year CMT + 2.01%)(c)
25
24,932
Entergy Louisiana LLC
2.90%, 03/15/51
65
40,677
3.10%, 06/15/41
65
49,101
4.20%, 09/01/48
100
80,059
4.20%, 04/01/50
65
51,092
4.75%, 09/15/52
65
55,631
4.95%, 01/15/45
85
77,867
5.65%, 04/15/56
45
43,994
10

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Electric (continued)
5.70%, 03/15/54
$70
$68,651
5.80%, 03/15/55
45
44,815
Entergy Mississippi LLC
3.50%, 06/01/51
60
41,826
3.85%, 06/01/49
39
29,253
5.80%, 04/15/55
40
39,799
5.85%, 06/01/54
45
44,711
Entergy Texas, Inc.
3.55%, 09/30/49
45
31,898
4.50%, 03/30/39
25
22,751
5.00%, 09/15/52
40
35,360
5.55%, 09/15/54
35
33,301
5.80%, 09/01/53
25
24,847
Evergy Kansas Central, Inc.
3.25%, 09/01/49
25
16,990
3.45%, 04/15/50
10
6,981
4.10%, 04/01/43
30
24,880
4.13%, 03/01/42
51
42,676
4.25%, 12/01/45
20
16,398
5.70%, 03/15/53
35
34,627
Evergy Metro, Inc.
4.20%, 06/15/47
30
24,291
4.20%, 03/15/48
25
20,028
5.30%, 10/01/41
40
39,254
Series 2019, 4.13%, 04/01/49
40
31,762
Eversource Energy, 3.45%, 01/15/50
65
45,191
Exelon Corp.
4.10%, 03/15/52
45
34,360
4.45%, 04/15/46
85
70,652
4.70%, 04/15/50
85
71,605
5.10%, 06/15/45
50
45,648
5.60%, 03/15/53
70
67,024
5.88%, 03/15/55
65
64,179
FIEMEX Energia - Banco Actinver SA Institucion de
Banca Multiple, 7.25%, 01/31/41(f)
198
201,622
FirstEnergy Corp.
Series C, 3.40%, 03/01/50
80
54,329
Series C, 4.85%, 07/15/47
65
56,374
FirstEnergy Transmission LLC
4.55%, 04/01/49(a)
55
46,155
5.45%, 07/15/44(a)
45
42,751
Florida Power & Light Co.
2.88%, 12/04/51
65
40,687
3.15%, 10/01/49
50
33,717
3.70%, 12/01/47
60
45,225
3.80%, 12/15/42
55
44,417
3.95%, 03/01/48
70
55,159
3.99%, 03/01/49
45
35,196
4.05%, 06/01/42
75
63,070
4.05%, 10/01/44
80
65,604
4.13%, 02/01/42
55
46,857
4.13%, 06/01/48
65
52,160
5.25%, 02/01/41
30
29,542
5.30%, 04/01/53
95
89,366
5.60%, 06/15/54
85
83,488
5.60%, 02/15/66
100
96,164
5.65%, 02/01/37
40
41,937
5.69%, 03/01/40
35
35,971
5.70%, 03/15/55
75
74,580
5.75%, 06/01/56
100
100,298
5.80%, 03/15/65
35
34,723
Security
Par
(000
)
Value
Electric (continued)
5.90%, 06/01/66
$100
$100,442
5.95%, 02/01/38
55
58,608
5.96%, 04/01/39
40
42,334
Georgia Power Co.
4.30%, 03/15/42
85
73,735
4.30%, 03/15/43
45
38,430
5.13%, 05/15/52
75
69,208
5.50%, 10/01/55
25
24,132
Series 10-C, 4.75%, 09/01/40
65
60,844
Series A, 3.25%, 03/15/51
70
47,401
Series B, 3.70%, 01/30/50
75
55,367
Great River Energy, 6.25%, 07/01/38(a)
69
72,507
Iberdrola International BV, 6.75%, 07/15/36
35
39,384
Idaho Power Co.
5.50%, 03/15/53
25
24,124
5.70%, 03/15/55
25
24,798
5.80%, 04/01/54
15
15,071
Series K, 4.20%, 03/01/48
20
16,102
Indiana Michigan Power Co.
3.25%, 05/01/51
20
13,285
4.25%, 08/15/48
35
28,146
5.60%, 03/15/56
85
82,560
5.63%, 04/01/53
70
68,553
Series K, 4.55%, 03/15/46
31
26,348
Series L, 3.75%, 07/01/47
25
18,695
Indianapolis Power & Light Co.
4.05%, 05/01/46(a)
5
3,976
5.70%, 04/01/54(a)
45
44,315
Infraestructura Energetica Nova SAPI de CV, 4.75%,
01/15/51(f)
200
148,997
Interstate Power and Light Co.
3.50%, 09/30/49
20
14,030
3.70%, 09/15/46
20
14,896
5.45%, 09/30/54
20
18,820
5.60%, 10/01/55
30
28,841
6.25%, 07/15/39
20
21,222
Johnsonville Aeroderivative Combustion Turbine
Generation LLC, 5.08%, 10/01/54
5
4,633
Kentucky Utilities Co.
3.30%, 06/01/50
70
47,677
4.38%, 10/01/45
40
33,608
5.13%, 11/01/40
40
38,730
5.85%, 08/15/55
65
65,221
Louisville Gas and Electric Co.
4.25%, 04/01/49
40
32,090
5.85%, 08/15/55
80
80,659
Massachusetts Electric Co.
4.00%, 08/15/46(a)
50
38,591
5.87%, 02/26/54(a)
50
49,040
5.90%, 11/15/39(a)
60
61,252
MidAmerican Energy Co.
2.70%, 08/01/52
45
27,358
3.15%, 04/15/50
80
53,290
3.65%, 08/01/48
70
51,715
3.95%, 08/01/47
30
23,473
4.25%, 05/01/46
5
4,122
4.25%, 07/15/49
115
93,169
4.40%, 10/15/44
50
42,491
4.80%, 09/15/43
25
22,548
5.30%, 02/01/55
45
42,058
5.50%, 11/15/56
25
24,076
11

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Electric (continued)
5.80%, 10/15/36
$35
$37,004
5.85%, 09/15/54
100
101,414
Minejesa Capital BV, 5.63%, 08/10/37(f)
200
192,435
Mississippi Power Co.
Series 12-A, 4.25%, 03/15/42
60
50,498
Series B, 3.10%, 07/30/51
25
16,277
Monongahela Power Co., 5.40%, 12/15/43(a)
60
56,965
Narragansett Electric Co. (The), 6.00%, 05/15/56(a)
50
50,828
National Rural Utilities Cooperative Finance Corp.,
4.30%, 03/15/49
5
4,122
Nevada Power Co.
6.00%, 03/15/54
70
70,888
Series EE, 3.13%, 08/01/50
20
13,023
Series R, 6.75%, 07/01/37
35
38,809
New England Power Co.
2.81%, 10/06/50(a)
20
12,067
3.80%, 12/05/47(a)
50
37,369
5.94%, 11/25/52(a)
5
4,975
NextEra Energy Capital Holdings, Inc.
3.00%, 01/15/52
80
49,552
5.11%, 09/29/57(a)
30
27,027
5.25%, 02/28/53
120
108,908
5.55%, 03/15/54
75
70,821
5.85%, 03/01/56
50
49,115
5.90%, 03/15/55
80
79,048
Niagara Mohawk Power Corp.
3.03%, 06/27/50(a)
60
37,421
4.12%, 11/28/42(a)
25
20,417
5.66%, 01/17/54(a)
75
70,934
5.78%, 09/16/52(a)
50
48,399
6.00%, 07/03/55(a)
85
84,453
Northern States Power Co.
2.60%, 06/01/51
63
38,123
2.90%, 03/01/50
85
55,403
3.20%, 04/01/52
55
37,268
3.40%, 08/15/42
76
58,930
3.60%, 09/15/47
75
55,986
4.50%, 06/01/52
60
50,183
5.10%, 05/15/53
50
45,646
5.35%, 11/01/39
35
35,004
5.40%, 03/15/54
75
71,845
5.65%, 06/15/54
35
34,551
5.65%, 05/15/55
45
44,515
Northern States Power Co./MN, 5.55%, 05/15/56
75
73,172
NSTAR Electric Co.
3.10%, 06/01/51
45
29,527
4.40%, 03/01/44
40
34,147
4.55%, 06/01/52
50
42,036
4.95%, 09/15/52
45
40,080
5.50%, 03/15/40
30
29,764
Oglethorpe Power Corp.
3.75%, 08/01/50
35
25,022
4.50%, 04/01/47
60
49,431
5.05%, 10/01/48
60
52,989
5.38%, 11/01/40
30
29,137
5.80%, 06/01/54
45
43,498
5.90%, 02/01/55
30
29,410
5.95%, 11/01/39
37
38,218
6.20%, 12/01/53
40
40,976
Ohio Edison Co., 6.88%, 07/15/36
20
22,482
Security
Par
(000
)
Value
Electric (continued)
Ohio Power Co.
4.00%, 06/01/49
$30
$22,645
4.15%, 04/01/48
60
46,757
Oklahoma Gas and Electric Co.
3.85%, 08/15/47
15
11,404
4.15%, 04/01/47
15
11,997
5.60%, 04/01/53
55
52,949
5.80%, 04/01/55
25
24,856
5.90%, 04/01/56
75
75,959
Oncor Electric Delivery Co. LLC
2.70%, 11/15/51
45
26,544
3.10%, 09/15/49
90
58,954
3.70%, 05/15/50
20
14,593
3.75%, 04/01/45
70
54,010
3.80%, 09/30/47
60
45,430
3.80%, 06/01/49
65
48,285
4.10%, 11/15/48
45
35,445
4.55%, 12/01/41
55
48,925
4.60%, 06/01/52
30
24,809
4.95%, 09/15/52
95
84,109
5.25%, 09/30/40
30
29,131
5.30%, 06/01/42
40
38,430
5.35%, 10/01/52
35
32,566
5.55%, 06/15/54
65
62,667
5.80%, 04/01/55
50
50,085
5.90%, 03/15/56(a)
90
91,020
7.50%, 09/01/38
25
29,598
Pacific Gas and Electric Co.
3.30%, 08/01/40
90
67,632
3.50%, 08/01/50
215
143,413
3.75%, 08/15/42
45
33,776
3.95%, 12/01/47
105
77,051
4.00%, 12/01/46
40
29,759
4.20%, 06/01/41
70
57,474
4.25%, 03/15/46
35
27,122
4.30%, 03/15/45
95
74,571
4.45%, 04/15/42
50
41,356
4.50%, 07/01/40
165
142,395
4.60%, 06/15/43
25
20,719
4.75%, 02/15/44
95
80,316
4.95%, 07/01/50
290
243,153
5.25%, 03/01/52
75
64,692
5.90%, 10/01/54
15
14,178
6.00%, 05/01/56
65
62,373
6.10%, 10/15/55
90
87,207
6.15%, 03/01/55
60
58,750
6.70%, 04/01/53
65
67,799
6.75%, 01/15/53
160
167,834
PacifiCorp
2.90%, 06/15/52
125
74,589
3.30%, 03/15/51
50
32,491
4.10%, 02/01/42
55
44,360
4.13%, 01/15/49
80
60,720
4.15%, 02/15/50
40
30,404
5.35%, 12/01/53
120
107,598
5.50%, 05/15/54
135
123,229
5.75%, 04/01/37
50
50,597
5.80%, 01/15/55
155
147,678
6.00%, 01/15/39
50
50,849
6.10%, 08/01/36
35
36,445
6.25%, 10/15/37
60
62,918
12

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Electric (continued)
6.35%, 07/15/38
$25
$26,224
PECO Energy Co.
2.80%, 06/15/50
35
21,619
2.85%, 09/15/51
35
21,670
3.00%, 09/15/49
40
25,957
3.70%, 09/15/47
50
37,651
3.90%, 03/01/48
100
77,101
4.15%, 10/01/44
70
57,606
4.38%, 08/15/52
10
8,133
4.60%, 05/15/52
40
33,754
5.25%, 09/15/54
30
27,785
5.65%, 09/15/55
40
39,467
5.95%, 10/01/36
15
15,990
Perusahaan Perseroan Persero PT Perusahaan
Listrik Negara
4.88%, 07/17/49(f)
200
162,464
6.15%, 05/21/48(f)
200
193,290
PG&E Recovery Funding LLC, Series A-2, 5.23%,
06/01/42
450
447,508
PG&E Wildfire Recovery Funding LLC, Series A-5,
5.10%, 06/01/54
648
593,145
Potomac Electric Power Co.
4.15%, 03/15/43
70
58,252
5.50%, 03/15/54
50
48,078
6.50%, 11/15/37
40
43,935
PPL Electric Utilities Corp.
3.00%, 10/01/49
30
19,620
3.95%, 06/01/47
35
27,430
4.13%, 06/15/44
65
53,650
4.15%, 10/01/45
45
36,870
4.15%, 06/15/48
45
36,085
4.75%, 07/15/43
50
45,040
5.25%, 05/15/53
85
79,256
5.55%, 08/15/55
65
63,525
5.75%, 05/15/56
45
45,131
6.25%, 05/15/39
10
10,786
Progress Energy, Inc., 6.00%, 12/01/39
45
46,856
Public Service Co. of Colorado
3.60%, 09/15/42
45
35,212
3.80%, 06/15/47
20
15,299
4.05%, 09/15/49
45
34,874
4.10%, 06/15/48
35
27,535
4.30%, 03/15/44
50
41,628
4.50%, 06/01/52
55
45,196
5.25%, 04/01/53
95
87,539
5.75%, 05/15/54
60
59,274
5.85%, 05/15/55
35
35,089
6.50%, 08/01/38
25
27,392
Series 17, 6.25%, 09/01/37
36
38,788
Series 34, 3.20%, 03/01/50
65
43,561
Series 36, 2.70%, 01/15/51
60
35,679
Public Service Co. of New Hampshire
3.60%, 07/01/49
35
25,440
5.15%, 01/15/53
35
32,077
Public Service Co. of Oklahoma, Series K, 3.15%,
08/15/51
20
12,876
Public Service Electric and Gas Co.
2.05%, 08/01/50
35
18,484
2.70%, 05/01/50
30
18,568
3.00%, 03/01/51
40
25,922
3.15%, 01/01/50
35
23,473
Security
Par
(000
)
Value
Electric (continued)
3.20%, 08/01/49
$45
$30,591
3.60%, 12/01/47
55
40,811
3.80%, 03/01/46
75
58,425
3.85%, 05/01/49
50
38,295
3.95%, 05/01/42
65
53,833
5.13%, 03/15/53
50
46,001
5.30%, 08/01/54
50
47,058
5.45%, 08/01/53
50
48,101
5.45%, 03/01/54
65
62,594
5.50%, 03/01/40
15
15,089
5.80%, 05/01/37
25
26,412
Series R, 5.63%, 01/01/56
35
34,709
Puget Energy, Inc., 7.25%, 09/15/56, (5-year CMT +
2.85%)(a)(c)
25
25,260
Puget Sound Energy, Inc.
2.89%, 09/15/51
30
18,742
3.25%, 09/15/49
45
30,458
4.22%, 06/15/48
53
42,649
4.30%, 05/20/45
30
24,786
5.45%, 06/01/53
25
23,931
5.60%, 09/15/55
65
63,127
5.64%, 04/15/41
16
15,950
5.69%, 06/15/54
40
39,472
5.76%, 10/01/39
25
25,522
5.80%, 03/15/40
25
25,448
6.27%, 03/15/37
30
32,342
RWE Finance U.S. LLC
5.88%, 09/18/55(a)
150
143,793
6.25%, 04/16/54(a)
10
10,091
San Diego Gas & Electric Co.
3.70%, 03/15/52
45
32,212
4.15%, 05/15/48
45
35,519
4.50%, 08/15/40
35
31,429
5.35%, 04/01/53
50
46,722
5.55%, 04/15/54
60
57,548
6.00%, 06/01/39
30
31,464
Series EEEE, 5.95%, 03/15/56
35
35,424
Series RRR, 3.75%, 06/01/47
35
26,276
Series TTT, 4.10%, 06/15/49
35
27,151
Series UUU, 3.32%, 04/15/50
45
30,360
Series WWW, 2.95%, 08/15/51
80
50,732
Saudi Electricity Global Sukuk Co. 2, 5.06%,
04/08/43(f)
200
187,463
Saudi Electricity Global Sukuk Co. 3, 5.50%,
04/08/44(f)
200
195,724
Sempra
3.80%, 02/01/38
70
59,305
4.00%, 02/01/48
45
34,136
6.00%, 10/15/39
65
66,755
Sierra Pacific Power Co., 5.90%, 03/15/54
55
55,005
Southern California Edison Co.
3.45%, 02/01/52
65
42,688
3.65%, 02/01/50
125
86,182
4.00%, 04/01/47
195
145,292
4.05%, 03/15/42
66
52,134
4.50%, 09/01/40
35
30,073
4.65%, 10/01/43
50
41,987
5.50%, 03/15/40
60
57,743
5.70%, 03/01/53
30
27,588
5.75%, 04/15/54
35
32,430
5.88%, 12/01/53
80
75,668
13

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Electric (continued)
5.90%, 03/01/55
$40
$37,960
6.05%, 03/15/39
45
45,649
6.20%, 09/15/55
70
69,118
Series 06-E, 5.55%, 01/15/37
30
29,790
Series 08-A, 5.95%, 02/01/38
46
46,481
Series 13-A, 3.90%, 03/15/43
55
41,959
Series 20A, 2.95%, 02/01/51
90
54,078
Series B, 4.88%, 03/01/49
50
41,753
Series C, 3.60%, 02/01/45
60
42,929
Series C, 4.13%, 03/01/48
80
60,179
Series E, 5.45%, 06/01/52
35
31,114
Series H, 3.65%, 06/01/51
35
23,852
Southern Co.(The)
4.25%, 07/01/36
50
46,116
4.40%, 07/01/46
195
162,534
Southern Power Co.
5.15%, 09/15/41
70
66,796
5.25%, 07/15/43
40
37,595
Series F, 4.95%, 12/15/46
55
48,893
Southwestern Electric Power Co.
3.25%, 11/01/51(b)
80
52,413
5.90%, 04/01/56
50
49,342
6.20%, 03/15/40
50
52,049
Series J, 3.90%, 04/01/45
60
45,949
Series L, 3.85%, 02/01/48
35
25,863
Southwestern Public Service Co.
3.40%, 08/15/46
50
35,459
3.70%, 08/15/47
55
40,854
3.75%, 06/15/49
40
29,145
4.50%, 08/15/41
40
35,220
6.00%, 06/01/54
50
50,512
Series 6, 4.40%, 11/15/48
40
32,549
Series 8, 3.15%, 05/01/50
75
49,144
State Grid Overseas Investment 2014 Ltd., 4.85%,
05/07/44(f)
200
198,854
Tampa Electric Co.
3.45%, 03/15/51
29
20,272
3.63%, 06/15/50
20
14,395
4.10%, 06/15/42
10
8,337
4.30%, 06/15/48
28
22,744
4.35%, 05/15/44
24
20,196
4.45%, 06/15/49
30
24,872
5.00%, 07/15/52
20
17,939
Tierra Mojada Luxembourg II SARL, 5.75%,
12/01/40(f)
169
164,407
Toledo Edison Co. (The), 6.15%, 05/15/37
26
27,891
TransAlta Corp., 6.50%, 03/15/40
30
29,671
Tri-State Generation & Transmission Association, Inc.,
6.00%, 06/15/40(a)
15
15,124
Tucson Electric Power Co.
3.25%, 05/01/51
15
9,955
4.00%, 06/15/50
15
11,459
4.85%, 12/01/48
15
13,160
5.50%, 04/15/53
20
19,051
5.90%, 04/15/55
20
20,018
Union Electric Co.
2.63%, 03/15/51
75
44,391
3.25%, 10/01/49
40
27,140
3.65%, 04/15/45
50
38,071
3.90%, 09/15/42
50
40,887
3.90%, 04/01/52
35
26,378
Security
Par
(000
)
Value
Electric (continued)
4.00%, 04/01/48
$25
$19,552
5.13%, 03/15/55
45
40,970
5.25%, 01/15/54
40
36,807
5.30%, 08/01/37
50
50,443
5.45%, 03/15/53
65
62,033
5.55%, 03/15/56
50
48,411
8.45%, 03/15/39
26
33,358
Virginia Electric and Power Co.
2.45%, 12/15/50
140
80,098
2.95%, 11/15/51
110
68,834
3.30%, 12/01/49
75
51,117
4.00%, 01/15/43
80
65,344
4.45%, 02/15/44
80
68,635
4.60%, 12/01/48
25
21,220
5.35%, 01/15/54
70
65,776
5.55%, 08/15/54
15
14,443
5.65%, 03/15/55
25
24,509
5.70%, 08/15/53
60
59,183
5.70%, 03/15/56
125
123,105
6.35%, 11/30/37
30
32,528
8.88%, 11/15/38
55
72,177
Series A, 6.00%, 05/15/37
55
58,191
Series B, 3.80%, 09/15/47
84
64,268
Series B, 4.20%, 05/15/45
50
41,015
Series C, 4.00%, 11/15/46
75
58,709
Series C, 4.63%, 05/15/52
45
37,972
Series D, 4.65%, 08/15/43
85
74,912
Series D, 5.60%, 09/15/55
45
43,708
Wisconsin Electric Power Co.
4.30%, 10/15/48
30
24,589
5.05%, 10/01/54
35
31,570
5.65%, 03/15/56
60
59,094
5.70%, 12/01/36
10
10,469
Wisconsin Power and Light Co.
3.65%, 04/01/50
30
21,547
5.70%, 12/15/55
40
39,025
6.38%, 08/15/37
25
26,992
Wisconsin Public Service Corp.
2.85%, 12/01/51
40
24,594
3.30%, 09/01/49
15
10,240
3.67%, 12/01/42
30
23,467
4.75%, 11/01/44
40
35,635
Xcel Energy, Inc.
3.50%, 12/01/49
70
49,020
6.50%, 07/01/36
40
43,314
 
33,515,046
Electrical Components & Equipment — 0.0%
ABB Finance USA, Inc., 4.38%, 05/08/42
40
35,276
Emerson Electric Co.
2.75%, 10/15/50
45
28,184
2.80%, 12/21/51
90
56,061
5.25%, 11/15/39
55
55,627
 
175,148
Electronics — 0.1%
Amphenol Corp.
5.30%, 11/15/55
140
132,545
5.38%, 11/15/54
5
4,837
Fortive Corp., 4.30%, 06/15/46
55
44,857
Honeywell International, Inc.
2.80%, 06/01/50
105
67,169
14

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Electronics (continued)
3.81%, 11/21/47
$80
$61,383
Tyco Electronics Group SA, 7.13%, 10/01/37
45
51,712
 
362,503
Energy - Alternate Sources — 0.0%
Topaz Solar Farms LLC, 5.75%, 09/30/39(a)
64
63,742
Engineering & Construction — 0.1%
Aeropuerto Internacional de Tocumen SA, 4.00%,
08/11/41(f)
200
172,575
LBJ Infrastructure Group LLC, 3.80%, 12/31/57(a)
60
42,610
Mexico City Airport Trust, 5.50%, 07/31/47(f)
200
171,559
WSP Global, Inc., 5.71%, 09/18/36(a)
65
64,719
 
451,463
Entertainment — 0.1%
Discovery Global Holdings, Inc.
5.05%, 03/15/42
420
386,900
5.05%, 03/15/42
17
10,875
5.05%, 03/15/52
107
81,317
 
479,092
Environmental Control — 0.1%
Republic Services, Inc.
3.05%, 03/01/50
55
36,682
5.70%, 05/15/41
40
41,324
6.20%, 03/01/40
60
65,297
Waste Connections, Inc.
2.95%, 01/15/52
85
54,132
3.05%, 04/01/50
60
39,612
Waste Management, Inc.
2.50%, 11/15/50
50
29,807
2.95%, 06/01/41
30
22,602
4.10%, 03/01/45
40
33,348
4.15%, 07/15/49
75
60,790
5.35%, 10/15/54
130
124,746
 
508,340
Food — 0.9%
Campbell's Company/The
3.13%, 04/24/50
50
30,468
4.80%, 03/15/48
55
44,475
5.25%, 10/13/54
40
33,395
Conagra Brands, Inc.
5.30%, 11/01/38
98
92,042
5.40%, 11/01/48
75
65,016
Flowers Foods, Inc., 6.20%, 03/15/55
15
12,219
General Mills, Inc.
3.00%, 02/01/51
65
40,590
4.15%, 02/15/43
35
28,411
4.70%, 04/17/48(b)
30
25,338
5.40%, 06/15/40
50
48,949
Grupo Bimbo SAB de CV, 4.00%, 09/06/49(f)
200
152,294
Hershey Co.(The)
2.65%, 06/01/50
20
12,246
3.13%, 11/15/49
66
44,396
3.38%, 08/15/46
5
3,653
Hormel Foods Corp., 3.05%, 06/03/51
60
38,743
Indofood CBP Sukses Makmur Tbk PT, 4.75%,
06/09/51(f)
200
164,284
Ingredion, Inc., 3.90%, 06/01/50
40
29,735
J M Smucker Co.(The)
4.38%, 03/15/45
61
50,760
6.50%, 11/15/43
70
74,504
Security
Par
(000
)
Value
Food (continued)
6.50%, 11/15/53(b)
$90
$97,309
JBS NV/JBS USA Foods Group Holdings, Inc./JBS
USA Food Co. Holdings
4.38%, 02/02/52
100
75,678
5.63%, 03/10/37(a)
50
49,853
6.25%, 03/01/56
125
122,117
6.38%, 02/25/55
60
59,908
6.38%, 04/15/66
130
126,995
6.40%, 05/10/57(a)
50
49,694
6.50%, 12/01/52
150
151,589
7.25%, 11/15/53
85
93,058
Kellanova
4.50%, 04/01/46
60
51,474
5.75%, 05/16/54
30
29,512
Koninklijke Ahold Delhaize NV, 5.70%, 10/01/40
57
57,580
Kraft Heinz Foods Co.
4.38%, 06/01/46
58
46,433
4.63%, 10/01/39
41
36,519
4.88%, 10/01/49
135
112,624
5.00%, 06/04/42
130
116,243
5.20%, 07/15/45
145
128,661
5.50%, 06/01/50
60
54,571
6.50%, 02/09/40
55
58,184
6.88%, 01/26/39
75
82,254
7.13%, 08/01/39(a)
70
77,311
Kroger Co.(The)
3.88%, 10/15/46
50
38,135
3.95%, 01/15/50
85
63,761
4.45%, 02/01/47
95
78,397
4.65%, 01/15/48
45
37,981
5.00%, 04/15/42
30
27,801
5.15%, 08/01/43
45
41,818
5.40%, 07/15/40
35
34,232
5.40%, 01/15/49
60
56,096
5.50%, 09/15/54
145
136,199
5.65%, 09/15/64
140
131,463
6.90%, 04/15/38
41
46,255
Mars, Inc.
2.38%, 07/16/40(a)
85
60,045
2.45%, 07/16/50(a)
45
25,936
3.88%, 04/01/39(a)
85
73,905
3.95%, 04/01/44(a)
35
28,341
3.95%, 04/01/49(a)
85
66,348
4.13%, 04/01/54(a)
53
41,453
4.20%, 04/01/59(a)
95
73,341
5.65%, 05/01/45(a)
260
257,789
5.70%, 05/01/55(a)
415
409,259
5.80%, 05/01/65(a)
85
84,429
McCormick & Co., Inc./MD, 4.20%, 08/15/47
31
24,468
Mondelez International, Inc., 2.63%, 09/04/50
110
66,132
Nestle Holdings, Inc.
2.63%, 09/14/51(a)
55
33,903
3.90%, 09/24/38(a)
150
133,655
4.00%, 09/24/48(a)
30
24,082
4.70%, 01/15/53(a)
150
133,209
Sysco Corp.
3.15%, 12/14/51
85
54,293
3.30%, 02/15/50
45
30,076
4.45%, 03/15/48
55
44,738
4.50%, 04/01/46
45
37,284
4.85%, 10/01/45
48
41,934
15

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Food (continued)
6.60%, 04/01/40
$35
$37,907
6.60%, 04/01/50
99
105,470
Tesco PLC, 6.15%, 11/15/37(a)
30
30,588
Tyson Foods, Inc.
4.55%, 06/02/47
75
64,129
5.10%, 09/28/48
140
128,743
5.15%, 08/15/44
45
41,932
 
5,514,612
Forest Products & Paper — 0.1%
Celulosa Arauco y Constitucion SA, 5.50%, 11/02/47
45
39,552
International Paper Co.
4.35%, 08/15/48
72
57,183
4.40%, 08/15/47
64
51,563
4.80%, 06/15/44
75
64,841
5.15%, 05/15/46
45
40,748
6.00%, 11/15/41
50
50,816
7.30%, 11/15/39
10
11,382
Suzano Austria GmbH, 7.00%, 03/16/47(f)
200
214,999
 
531,084
Gas — 0.4%
Atmos Energy Corp.
2.85%, 02/15/52
80
49,637
3.38%, 09/15/49
60
41,807
4.13%, 10/15/44
50
41,755
4.13%, 03/15/49
65
51,798
4.15%, 01/15/43
70
59,263
4.30%, 10/01/48
65
53,179
5.00%, 12/15/54
10
8,961
5.45%, 01/15/56
35
33,665
5.50%, 06/15/41
45
44,956
5.75%, 10/15/52
65
65,040
6.20%, 11/15/53
50
53,117
Boston Gas Co.
4.49%, 02/15/42(a)
30
25,419
6.12%, 07/20/53(a)
50
49,445
Brooklyn Union Gas Co.(The)
4.27%, 03/15/48(a)
38
29,617
4.49%, 03/04/49(a)
45
35,561
4.50%, 03/10/46(a)
55
44,849
6.42%, 07/18/54(a)
70
71,924
CenterPoint Energy Resources Corp., 5.85%,
01/15/41
35
35,857
East Ohio Gas Co. (The), 3.00%, 06/15/50(a)
70
44,619
KeySpan Gas East Corp.
3.59%, 01/18/52(a)
55
36,824
5.82%, 04/01/41(a)
55
54,654
NiSource, Inc.
3.95%, 03/30/48
85
64,842
4.38%, 05/15/47
115
94,533
4.80%, 02/15/44
90
79,486
5.00%, 06/15/52
45
39,245
5.25%, 02/15/43
10
9,364
5.65%, 02/01/45
60
58,505
5.85%, 04/01/55
130
128,596
5.95%, 06/15/41
40
40,958
ONE Gas, Inc.
4.50%, 11/01/48
15
12,703
4.66%, 02/01/44
100
88,151
Piedmont Natural Gas Co., Inc.
3.35%, 06/01/50
45
30,649
Security
Par
(000
)
Value
Gas (continued)
3.64%, 11/01/46
$40
$29,307
4.65%, 08/01/43
20
17,338
5.05%, 05/15/52
50
44,619
Southern California Gas Co.
3.75%, 09/15/42
35
27,803
5.13%, 11/15/40
35
33,700
5.60%, 04/01/54
50
47,997
5.75%, 06/01/53
55
53,895
5.90%, 06/01/56
50
50,076
6.00%, 06/15/55
55
55,985
6.35%, 11/15/52
65
68,893
Series UU, 4.13%, 06/01/48
45
35,153
Series VV, 4.30%, 01/15/49
60
48,164
Series WW, 3.95%, 02/15/50
45
33,940
Southern Co. Gas Capital Corp.
3.95%, 10/01/46
35
27,046
4.40%, 06/01/43
44
37,159
4.40%, 05/30/47
65
53,876
5.88%, 03/15/41
51
52,452
Series 21A, 3.15%, 09/30/51
75
48,916
Southwest Gas Corp.
3.18%, 08/15/51
40
26,330
3.80%, 09/29/46
20
15,187
4.15%, 06/01/49
60
46,429
Spire Missouri, Inc., 3.30%, 06/01/51
10
6,738
Washington Gas Light Co.
3.65%, 09/15/49
52
37,097
Series K, 3.80%, 09/15/46
45
34,307
WGL Holdings, Inc., 4.60%, 11/01/44
15
12,025
 
2,523,411
Hand & Machine Tools — 0.0%
Snap-on, Inc.
3.10%, 05/01/50
80
53,620
4.10%, 03/01/48
30
24,255
Stanley Black & Decker, Inc.
2.75%, 11/15/50
91
53,163
4.85%, 11/15/48
40
33,908
5.20%, 09/01/40
30
28,467
 
193,413
Health Care - Products — 0.5%
Abbott Laboratories
4.75%, 11/30/36
179
174,745
4.75%, 03/15/38
260
250,953
4.75%, 04/15/43
30
27,503
4.90%, 11/30/46
255
233,465
5.30%, 05/27/40
70
70,460
5.50%, 03/15/56
295
287,825
5.60%, 03/15/66
260
253,103
6.00%, 04/01/39
75
80,574
6.15%, 11/30/37
38
41,421
Alcon Finance Corp.
3.80%, 09/23/49(a)
50
37,170
5.75%, 12/06/52(a)
20
19,777
Baxter International, Inc.
3.13%, 12/01/51
70
41,396
3.50%, 08/15/46
45
30,292
Boston Scientific Corp.
4.55%, 03/01/39
50
46,809
4.70%, 03/01/49
64
56,778
7.38%, 01/15/40
35
41,282
16

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Health Care - Products (continued)
Danaher Corp.
2.60%, 10/01/50
$90
$54,187
2.80%, 12/10/51
100
62,021
4.38%, 09/15/45
50
42,868
DH Europe Finance II SARL
3.25%, 11/15/39
100
80,371
3.40%, 11/15/49
76
53,967
GE HealthCare Technologies, Inc., 6.38%, 11/22/52
100
106,653
Koninklijke Philips NV
5.00%, 03/15/42
45
41,108
6.88%, 03/11/38
55
61,175
Medtronic, Inc.
4.00%, 04/01/43
10
8,343
4.63%, 03/15/45
184
164,150
Revvity, Inc., 3.63%, 03/15/51
40
28,194
Solventum Corp., 5.90%, 04/30/54
115
113,796
STERIS Irish FinCo UnLtd Co., 3.75%, 03/15/51
65
46,716
Stryker Corp.
2.90%, 06/15/50
70
44,865
4.10%, 04/01/43
35
29,005
4.38%, 05/15/44
25
21,184
4.63%, 03/15/46
100
87,485
Thermo Fisher Scientific, Inc.
2.80%, 10/15/41
120
87,518
4.10%, 08/15/47
86
70,797
4.89%, 10/07/37
70
68,955
5.30%, 02/01/44
40
38,750
5.40%, 08/10/43
40
39,560
5.55%, 02/12/46
35
34,687
Zimmer Biomet Holdings, Inc.
4.45%, 08/15/45
35
30,192
5.75%, 11/30/39
45
45,579
 
3,155,679
Health Care - Services — 2.1%
AdventHealth Obligated Group, Series E, 2.80%,
11/15/51
30
18,311
Adventist Health System/West, 3.63%, 03/01/49
30
20,321
Advocate Health & Hospitals Corp.
3.39%, 10/15/49
47
33,399
4.27%, 08/15/48
41
33,645
Series 2020, 3.01%, 06/15/50
30
19,624
Aetna, Inc.
3.88%, 08/15/47
5
3,659
4.50%, 05/15/42
55
46,756
4.75%, 03/15/44
50
42,663
6.63%, 06/15/36
81
88,210
6.75%, 12/15/37
50
54,567
AHS Hospital Corp.
5.02%, 07/01/45
45
41,592
Series 2021, 2.78%, 07/01/51
40
24,719
Allina Health System
2.90%, 11/15/51(b)
10
6,296
Series 2019, 3.89%, 04/15/49
50
37,767
Ascension Health
3.95%, 11/15/46
115
91,996
4.85%, 11/15/53
30
26,541
Series B, 3.11%, 11/15/39
80
62,699
Banner Health
2.91%, 01/01/42
25
18,200
2.91%, 01/01/51
30
18,964
Series 2020, 3.18%, 01/01/50
30
20,232
Security
Par
(000
)
Value
Health Care - Services (continued)
Baptist Health South Florida Obligated Group, Series
2021, 3.12%, 11/15/71
$5
$2,846
Baptist Healthcare System Obligated Group, Series
20B, 3.54%, 08/15/50
55
39,128
BayCare Health System, Inc., Series 2020, 3.83%,
11/15/50
50
37,892
Baylor Scott & White Holdings
3.97%, 11/15/46
15
12,099
4.19%, 11/15/45
55
45,774
Series 2021, 2.84%, 11/15/50
85
53,435
Beth Israel Lahey Health, Inc., Series L, 3.08%,
07/01/51(b)
10
6,468
Catholic Health Services of Long Island Obligated
Group, Series 2020, 3.37%, 07/01/50
20
13,490
Children's Health System of Texas, 2.51%, 08/15/50
30
17,523
Children's Hospital Corp.(The)
Series 2017, 4.12%, 01/01/47
35
28,802
Series 2020, 2.59%, 02/01/50
40
24,156
Children's Hospital Medical Center/Cincinnati OH,
4.27%, 05/15/44
35
29,946
Children's Hospital of Philadelphia (The), Series 2020,
2.70%, 07/01/50
10
6,190
Children's Hospital/DC, Series 2020, 2.93%,
07/15/50(b)
30
19,223
Cigna Group(The)
3.20%, 03/15/40
50
38,971
3.40%, 03/15/50
85
58,811
3.40%, 03/15/51
165
113,089
3.88%, 10/15/47
110
83,849
4.80%, 08/15/38
204
193,141
4.80%, 07/15/46
105
92,114
4.90%, 12/15/48
300
263,492
5.60%, 02/15/54
130
125,028
6.00%, 01/15/56
75
76,137
6.13%, 11/15/41
61
63,607
City of Hope
Series 2013, 5.62%, 11/15/43
25
24,299
Series 2018, 4.38%, 08/15/48
40
32,515
Cleveland Clinic Foundation (The), 4.86%,
01/01/2114
52
43,094
CommonSpirit Health
3.82%, 10/01/49
72
53,017
3.91%, 10/01/50
75
55,470
4.19%, 10/01/49
101
78,705
4.35%, 11/01/42
90
77,611
5.55%, 12/01/54
20
18,824
5.66%, 09/01/55
30
28,800
6.46%, 11/01/52
40
42,756
Community Health Network, Inc., Series 20-A, 3.10%,
05/01/50
15
9,492
Corewell Health Obligated Group, Series 19A, 3.49%,
07/15/49
40
28,379
Cottage Health Obligated Group, Series 2020, 3.30%,
11/01/49
55
37,907
Dartmouth-Hitchcock Health, Series B, 4.18%,
08/01/48
30
23,375
Dignity Health, 4.50%, 11/01/42(b)
40
34,611
Duke University Health System, Inc., Series 2017,
3.92%, 06/01/47
60
47,607
Elevance Health, Inc.
3.13%, 05/15/50
105
68,524
17

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Health Care - Services (continued)
3.60%, 03/15/51
$130
$91,691
3.70%, 09/15/49
95
68,736
4.38%, 12/01/47
83
68,080
4.55%, 03/01/48
95
79,799
4.55%, 05/15/52
50
41,081
4.63%, 05/15/42
110
97,610
4.65%, 01/15/43
50
44,163
4.65%, 08/15/44
95
82,618
5.10%, 01/15/44
56
51,700
5.13%, 02/15/53
120
107,070
5.65%, 06/15/54
100
95,886
5.70%, 02/15/55
135
130,300
5.70%, 09/15/55(b)
65
63,134
5.85%, 11/01/64
75
73,103
6.10%, 10/15/52
85
86,677
6.38%, 06/15/37
40
43,271
Franciscan Missionaries of Our Lady Health System,
Inc., Series B, 3.91%, 07/01/49
5
3,784
Fred Hutchinson Cancer Center, 4.97%, 01/01/52
10
9,012
Hackensack Meridian Health, Inc.
4.21%, 07/01/48
35
28,549
4.50%, 07/01/57
40
33,227
Series 2020, 2.68%, 09/01/41
10
7,121
Series 2020, 2.88%, 09/01/50
68
43,023
HCA, Inc.
3.50%, 07/15/51
150
100,245
4.38%, 03/15/42
65
54,785
4.63%, 03/15/52
205
164,730
5.13%, 06/15/39
35
33,165
5.25%, 06/15/49
180
160,456
5.50%, 06/15/47
155
143,779
5.70%, 11/15/55
80
75,171
5.90%, 06/01/53
95
91,450
5.95%, 09/15/54
95
92,287
6.00%, 04/01/54
155
151,472
6.10%, 04/01/64
55
54,229
6.20%, 03/01/55
130
130,369
Health Care Service Corp. A Mutual Legal
Reserve Co.
3.20%, 06/01/50(a)
110
70,436
5.88%, 06/15/54(a)
75
71,778
Hoag Memorial Hospital Presbyterian, 3.80%,
07/15/52
25
18,863
Humana, Inc.
3.95%, 08/15/49
55
39,592
4.63%, 12/01/42
46
38,690
4.80%, 03/15/47
45
37,197
4.95%, 10/01/44
65
56,270
5.50%, 03/15/53
80
71,482
5.75%, 04/15/54
75
69,368
6.00%, 05/01/55
35
33,555
Indiana University Health, Inc. Obligated Group
3.97%, 11/01/48
40
31,646
Series 2021, 2.85%, 11/01/51
25
15,665
Inova Health System Foundation, 4.07%, 05/15/52
25
19,631
Integris Baptist Medical Center, Inc., Series A, 3.88%,
08/15/50
45
33,078
Iowa Health System, Series 2020, 3.67%, 02/15/50
35
26,180
Johns Hopkins Health System Corp. (The), 3.84%,
05/15/46
45
35,347
Security
Par
(000
)
Value
Health Care - Services (continued)
Kaiser Foundation Hospitals
4.15%, 05/01/47
$129
$105,471
4.88%, 04/01/42
55
51,701
Series 2019, 3.27%, 11/01/49
105
72,539
Series 2021, 2.81%, 06/01/41
130
95,401
Series 2021, 3.00%, 06/01/51
120
77,553
Laboratory Corp. of America Holdings, 4.70%,
02/01/45
88
78,054
Mass General Brigham, Inc.
Series 2015, 4.12%, 07/01/55(b)
30
23,722
Series 2017, 3.77%, 07/01/48
25
19,024
Series 2020, 3.19%, 07/01/49
40
27,183
Series 2020, 3.34%, 07/01/60
55
35,517
Mayo Clinic
3.77%, 11/15/43
35
29,021
Series 2013, 4.00%, 11/15/47
25
19,905
Series 2016, 4.13%, 11/15/52
30
23,920
Series 2021, 3.20%, 11/15/61
60
37,740
McLaren Health Care Corp., Series A, 4.39%,
05/15/48
40
32,945
MedStar Health, Inc., Series 20A, 3.63%, 08/15/49
35
25,217
Memorial Health Services, 3.45%, 11/01/49
35
24,810
Memorial Sloan-Kettering Cancer Center
4.13%, 07/01/52
45
35,535
5.00%, 07/01/42
40
38,295
Series 2015, 4.20%, 07/01/55
10
8,029
Series 2020, 2.96%, 01/01/50
50
32,525
Methodist Hospital (The), Series 20A, 2.71%,
12/01/50
15
9,144
Montefiore Obligated Group
4.29%, 09/01/50
25
17,380
Series 18-C, 5.25%, 11/01/48(b)
50
40,697
Mount Nittany Medical Center Obligated Group,
3.80%, 11/15/52
35
25,721
Mount Sinai Hospital(The)
Series 2019, 3.74%, 07/01/49
5
3,350
Series 2020, 3.39%, 07/01/50
10
6,287
MyMichigan Health, Series 2020, 3.41%, 06/01/50
35
24,370
Nationwide Children's Hospital, Inc., 4.56%, 11/01/52
20
17,028
New York and Presbyterian Hospital(The)
2.26%, 08/01/40
35
24,316
2.61%, 08/01/60(b)
40
21,841
4.02%, 08/01/45
65
53,053
4.06%, 08/01/56
15
11,563
Series 2019, 3.95%, 08/01/2119
70
47,889
Northwell Healthcare, Inc.
3.81%, 11/01/49
30
21,934
3.98%, 11/01/46
50
39,200
4.26%, 11/01/47
80
65,107
Northwestern Memorial Healthcare Obligated Group,
Series 2021, 2.63%, 07/15/51
10
6,072
Novant Health, Inc.
2.64%, 11/01/36
65
51,716
3.17%, 11/01/51
70
45,882
3.32%, 11/01/61(b)
25
15,679
NY Society for Relief of Ruptured & Crippled
Maintaining Hosp Special Surgery, Series 2020,
2.67%, 10/01/50
5
3,040
NYU Langone Hospitals
4.37%, 07/01/47
70
59,846
4.78%, 07/01/44
25
22,887
18

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Health Care - Services (continued)
5.75%, 07/01/43
$15
$15,130
Series 2020, 3.38%, 07/01/55(b)
40
27,008
OhioHealth Corp.
2.83%, 11/15/41
10
7,271
Series 2020, 3.04%, 11/15/50
50
33,274
Orlando Health Obligated Group
3.33%, 10/01/50
35
24,589
4.09%, 10/01/48
30
24,043
PeaceHealth Obligated Group
Series 2018, 4.79%, 11/15/48
45
39,124
Series 2020, 3.22%, 11/15/50
30
19,979
Piedmont Healthcare, Inc.
2.86%, 01/01/52
55
34,084
Series 2042, 2.72%, 01/01/42
10
7,053
Providence St. Joseph Health Obligated Group
Series 21A, 2.70%, 10/01/51
60
35,129
Series A, 3.93%, 10/01/48
35
26,532
Series I, 3.74%, 10/01/47
40
29,722
Quest Diagnostics, Inc., 4.70%, 03/30/45
30
26,637
Rady Children's Hospital-San Diego, Series 21A,
3.15%, 08/15/51
35
23,328
Roche Holdings, Inc.
2.61%, 12/13/51(a)
215
130,418
4.00%, 11/28/44(a)
105
87,861
7.00%, 03/01/39(a)
120
140,013
Seattle Children's Hospital, Series 2021, 2.72%,
10/01/50(b)
35
21,455
Sentara Health, 2.93%, 11/01/51
20
12,674
Sharp HealthCare, Series 20B, 2.68%, 08/01/50
30
18,190
Stanford Health Care
3.03%, 08/15/51
15
9,728
Series 2018, 3.80%, 11/15/48
63
48,456
Sutter Health
5.55%, 08/15/53
40
39,210
Series 2018, 4.09%, 08/15/48
26
20,753
Series 20A, 3.16%, 08/15/40
25
19,362
Series 20A, 3.36%, 08/15/50
60
41,761
Texas Health Resources
2.33%, 11/15/50
20
11,298
4.33%, 11/15/55
40
32,703
Toledo Hospital(The)
5.75%, 11/15/38
50
49,827
6.02%, 11/15/48
40
37,996
Trinity Health Corp.
4.13%, 12/01/45
50
40,861
Series 2019, 3.43%, 12/01/48
25
18,237
Series 2021, 2.63%, 12/01/40
40
28,710
UMass Memorial Health Care Obligated Group,
5.36%, 07/01/52
20
18,401
UnitedHealth Group, Inc.
2.75%, 05/15/40
70
51,728
2.90%, 05/15/50
125
79,816
3.05%, 05/15/41
170
127,962
3.13%, 05/15/60
90
54,528
3.25%, 05/15/51
145
97,307
3.50%, 08/15/39
130
106,754
3.70%, 08/15/49
140
102,600
3.75%, 10/15/47
105
79,046
3.88%, 08/15/59
120
85,552
3.95%, 10/15/42
55
45,083
4.20%, 01/15/47
95
76,793
Security
Par
(000
)
Value
Health Care - Services (continued)
4.25%, 03/15/43
$93
$78,737
4.25%, 04/15/47
85
69,097
4.25%, 06/15/48
150
121,144
4.38%, 03/15/42
50
43,475
4.45%, 12/15/48
115
95,397
4.63%, 11/15/41
65
58,457
4.75%, 07/15/45
157
139,295
4.75%, 05/15/52
205
176,015
4.95%, 05/15/62
95
81,055
5.05%, 04/15/53
205
183,048
5.20%, 04/15/63
155
137,871
5.38%, 04/15/54
165
154,621
5.50%, 07/15/44
135
131,971
5.50%, 04/15/64
100
93,588
5.63%, 07/15/54
255
247,289
5.70%, 10/15/40
45
45,857
5.75%, 07/15/64
175
169,898
5.88%, 02/15/53
170
170,690
5.95%, 02/15/41
30
31,122
5.95%, 06/15/55
75
76,674
6.05%, 02/15/63
140
141,936
6.50%, 06/15/37
50
55,142
6.63%, 11/15/37
75
83,434
6.88%, 02/15/38
80
90,985
UPMC, 5.38%, 05/15/43
30
28,527
West Virginia United Health System Obligated Group,
Series 2020, 3.13%, 06/01/50
35
22,076
Willis-Knighton Medical Center
Series 2018, 4.81%, 09/01/48
29
24,949
Series 2021, 3.07%, 03/01/51
40
25,027
Yale-New Haven Health Services Corp., Series 2020,
2.50%, 07/01/50(b)
45
26,433
 
12,570,814
Holding Companies - Diversified — 0.2%
Gaci First Investment Co.
5.13%, 02/14/53(f)
200
174,284
5.38%, 01/29/54(f)
200
180,092
JAB Holdings BV
3.75%, 05/28/51(a)
35
24,055
4.50%, 04/08/52(a)
5
3,881
MDGH GMTN RSC Ltd.
3.40%, 06/07/51(f)
200
139,000
3.70%, 11/07/49(f)
200
147,214
3.95%, 05/21/50(f)
200
153,341
Temasek Financial I Ltd.
2.50%, 10/06/70(a)
250
134,973
2.75%, 08/02/61(a)
250
152,881
 
1,109,721
Home Builders — 0.0%
Sekisui House U.S., Inc., 6.00%, 01/15/43
55
50,321
Home Furnishings — 0.0%
Leggett & Platt, Inc., 3.50%, 11/15/51
55
34,112
Whirlpool Corp.
4.50%, 06/01/46
46
28,846
4.60%, 05/15/50
50
31,618
5.15%, 03/01/43
25
17,080
 
111,656
19

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Household Products & Wares — 0.1%
Church & Dwight Co., Inc.
3.95%, 08/01/47
$40
$31,402
5.00%, 06/15/52
50
45,637
Kimberly-Clark Corp.
2.88%, 02/07/50
30
19,496
3.20%, 07/30/46
65
45,899
3.90%, 05/04/47
30
23,433
5.30%, 03/01/41
30
30,252
6.63%, 08/01/37
60
68,426
SC Johnson & Son, Inc.
4.75%, 10/15/46(a)
40
35,007
4.80%, 09/01/40(a)
50
46,577
 
346,129
Housewares — 0.0%
Newell Brands, Inc., 7.50%, 04/01/46
62
54,048
Insurance — 2.1%
200 Park Funding Trust, 5.74%, 02/15/55(a)
130
127,794
Aflac, Inc.
4.00%, 10/15/46
65
51,173
4.75%, 01/15/49
80
69,494
AIA Group Ltd.
3.20%, 09/16/40(a)
225
173,734
4.50%, 03/16/46(a)
55
48,933
5.40%, 09/30/54(a)
35
33,328
Alleghany Corp.
3.25%, 08/15/51
70
46,277
4.90%, 09/15/44
40
35,895
Allstate Corp.(The)
3.85%, 08/10/49
30
22,481
4.20%, 12/15/46
75
60,469
4.50%, 06/15/43
60
51,767
6.50%, 05/15/67, (3-mo. SOFR US + 2.38%)(c)
35
35,713
American Financial Group, Inc., 4.50%, 06/15/47
65
53,309
American International Group, Inc.
4.38%, 06/30/50
110
90,455
4.50%, 07/16/44
85
73,747
4.75%, 04/01/48
100
87,960
AmFam Holdings, Inc., 3.83%, 03/11/51(a)
37
25,447
Aon Corp., 6.25%, 09/30/40
35
37,572
Aon Corp./Aon Global Holdings PLC
2.90%, 08/23/51
65
40,059
3.90%, 02/28/52
95
70,200
Aon Global Ltd.
4.60%, 06/14/44
45
39,004
4.75%, 05/15/45
54
47,470
Aon North America, Inc., 5.75%, 03/01/54
185
181,085
Arch Capital Finance LLC, 5.03%, 12/15/46
50
45,756
Arch Capital Group Ltd., 3.64%, 06/30/50
90
65,884
Arch Capital Group U.S., Inc., 5.14%, 11/01/43
55
51,677
Arthur J Gallagher & Co.
3.05%, 03/09/52
40
24,922
3.50%, 05/20/51
90
61,994
5.55%, 02/15/55
145
136,852
5.75%, 03/02/53
57
55,133
5.75%, 07/15/54
55
53,263
6.75%, 02/15/54
45
49,228
Assured Guaranty Municipal Holdings, Inc., 6.40%,
12/15/66, (3-mo. CME Term SOFR US +
2.48%)(a)(c)
30
28,697
Security
Par
(000
)
Value
Insurance (continued)
Assured Guaranty U.S. Holdings, Inc., 3.60%,
09/15/51(b)
$45
$31,052
Athene Holding Ltd.
3.45%, 05/15/52
60
37,531
3.95%, 05/25/51
70
48,202
6.25%, 04/01/54
85
80,033
6.63%, 05/19/55
60
59,293
Beacon Funding Trust, 6.27%, 08/15/54(a)
100
101,276
Belrose Funding Trust II, 6.79%, 05/15/55(a)
100
102,488
Berkshire Hathaway Finance Corp.
2.50%, 01/15/51
80
47,292
2.85%, 10/15/50
170
107,981
3.85%, 03/15/52
260
197,755
4.20%, 08/15/48
223
183,406
4.25%, 01/15/49
196
161,724
4.30%, 05/15/43
50
44,036
4.40%, 05/15/42
80
71,846
5.75%, 01/15/40
63
67,583
Berkshire Hathaway, Inc., 4.50%, 02/11/43(b)
105
95,602
Brighthouse Financial, Inc.
3.85%, 12/22/51
40
24,172
4.70%, 06/22/47
89
64,221
Brown & Brown, Inc.
4.95%, 03/17/52
65
54,609
6.25%, 06/23/55(b)
55
55,199
Chubb INA Holdings LLC
2.85%, 12/15/51
65
40,978
3.05%, 12/15/61
95
58,047
4.15%, 03/13/43
45
38,199
4.35%, 11/03/45
140
120,336
6.00%, 05/11/37
61
65,018
Series 1, 6.50%, 05/15/38
70
78,117
Corebridge Financial, Inc.
4.35%, 04/05/42
55
46,220
4.40%, 04/05/52
120
96,607
Empower Finance 2020 LP, 3.08%, 09/17/51(a)
65
41,497
Equitable Holdings, Inc., 5.00%, 04/20/48
73
63,905
Everest Reinsurance Holdings, Inc.
3.13%, 10/15/52
90
56,083
3.50%, 10/15/50
95
64,481
4.87%, 06/01/44
45
38,884
Fairfax Financial Holdings Ltd.
6.10%, 03/15/55
50
49,864
6.35%, 03/22/54
50
51,808
6.50%, 05/20/55
10
10,519
Farmers Insurance Exchange
4.75%, 11/01/57(a)(c)
40
34,022
7.00%, 10/15/64, (10-year CMT + 3.86%)(a)(c)
10
10,070
Fidelity National Financial, Inc., 3.20%, 09/17/51
55
34,410
Five Corners Funding Trust IV, 6.00%, 02/15/53(a)
30
30,133
Global Atlantic Fin Co., 6.75%, 03/15/54(a)
15
14,575
Grand River Funding Trust II, 7.28%, 02/15/56(a)
5
5,237
Great-West Lifeco Finance 2018 LP, 4.58%,
05/17/48(a)
60
50,442
Great-West Lifeco Finance Delaware LP, 4.15%,
06/03/47(a)
65
51,598
Guardian Life Insurance Co. of America(The)
3.70%, 01/22/70(a)
30
19,572
4.85%, 01/24/77(a)
55
44,730
4.88%, 06/19/64(a)
45
37,934
20

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Insurance (continued)
Hartford Insurance Group, Inc.
2.90%, 09/15/51
$25
$15,678
3.60%, 08/19/49
85
61,530
4.30%, 04/15/43
35
29,530
4.40%, 03/15/48
50
41,731
5.95%, 10/15/36
30
31,732
6.10%, 10/01/41
45
47,264
Jackson Financial, Inc., 4.00%, 11/23/51
65
44,659
Liberty Mutual Group, Inc.
3.95%, 10/15/50(a)
170
125,627
3.95%, 05/15/60(a)
70
48,401
4.30%, 02/01/61(a)
75
47,682
4.85%, 08/01/44(a)(b)
10
8,633
5.50%, 06/15/52(a)
110
102,810
7.80%, 03/07/87(a)
40
44,544
Lincoln National Corp.
4.35%, 03/01/48
32
24,542
7.00%, 06/15/40
60
65,644
Loews Corp., 4.13%, 05/15/43
55
45,551
Manulife Financial Corp., 5.38%, 03/04/46
80
77,444
Markel Group, Inc.
3.45%, 05/07/52
65
43,581
4.15%, 09/17/50
51
38,807
4.30%, 11/01/47
20
15,846
5.00%, 04/05/46
40
35,548
5.00%, 05/20/49
60
52,406
6.00%, 05/16/54
55
54,927
Marsh & McLennan Companies, Inc.
2.90%, 12/15/51
40
24,858
4.20%, 03/01/48
65
52,195
4.35%, 01/30/47
65
53,682
4.75%, 03/15/39
45
42,396
4.90%, 03/15/49
100
88,846
5.35%, 11/15/44
50
48,035
5.40%, 03/15/55
155
147,228
5.45%, 03/15/53
70
66,555
5.45%, 03/15/54
60
57,248
5.70%, 09/15/53
55
54,385
6.25%, 11/01/52
50
52,882
Massachusetts Mutual Life Insurance Co.
3.20%, 12/01/61(a)
40
24,136
3.38%, 04/15/50(a)
45
30,529
3.73%, 10/15/70(a)
76
49,086
4.90%, 04/01/77(a)
50
39,525
5.08%, 02/15/69(a)(c)
30
26,528
5.67%, 12/01/52(a)
90
86,945
MetLife Capital Trust IV, 7.88%, 12/15/67(a)
30
32,878
MetLife, Inc.
4.05%, 03/01/45
100
81,994
4.13%, 08/13/42
91
76,426
4.60%, 05/13/46
95
83,211
4.72%, 12/15/44
40
35,327
4.88%, 11/13/43
116
106,557
5.00%, 07/15/52
110
99,234
5.25%, 01/15/54(b)
115
108,180
5.88%, 02/06/41
100
103,539
6.40%, 12/15/66
135
138,316
10.75%, 08/01/69
31
40,006
Mutual of Omaha Insurance Co., 6.14%, 01/16/64,
(10-year CMT +2.95%)(a)(c)
35
35,406
Security
Par
(000
)
Value
Insurance (continued)
Nationwide Financial Services, Inc.
3.90%, 11/30/49(a)
$105
$79,465
5.30%, 11/18/44(a)
45
40,998
6.75%, 05/15/87
25
24,633
Nationwide Mutual Insurance Co.
4.35%, 04/30/50(a)
140
106,967
9.38%, 08/15/39(a)
75
96,693
New York Life Insurance Co.
3.75%, 05/15/50(a)
120
88,187
4.45%, 05/15/69(a)
100
76,729
6.75%, 11/15/39(a)
100
111,016
Northwestern Mutual Life Insurance Co.(The)
3.45%, 03/30/51(a)
135
93,023
3.63%, 09/30/59(a)
135
91,232
3.85%, 09/30/47(a)
114
86,944
6.06%, 03/30/40(a)
125
128,478
6.17%, 05/29/55(a)
4
4,145
Old Republic International Corp., 3.85%, 06/11/51
70
50,132
Omnis Funding Trust, 6.72%, 05/15/55(a)
100
104,297
OneAmerica Financial Partners, Inc., 4.25%,
10/15/50(a)
10
7,394
Pacific Life Insurance Co.
4.30%, 10/24/67(a)(c)
80
63,771
5.95%, 09/15/55(a)
40
39,634
Pacific LifeCorp
3.35%, 09/15/50(a)
80
54,238
5.13%, 01/30/43(a)
50
46,422
5.40%, 09/15/52(a)
75
70,278
Penn Mutual Life Insurance Co. (The), 3.80%,
04/29/61(a)(b)
55
36,198
Pine Street Trust II, 5.57%, 02/15/49(a)
110
102,351
Pine Street Trust III, 6.22%, 05/15/54(a)
30
30,232
Principal Financial Group, Inc.
4.30%, 11/15/46
50
41,038
4.35%, 05/15/43
46
38,875
4.63%, 09/15/42
30
26,379
5.50%, 03/15/53
85
81,268
6.05%, 10/15/36
50
53,386
Progressive Corp.(The)
3.70%, 03/15/52
70
51,372
3.95%, 03/26/50
60
46,258
4.13%, 04/15/47
87
69,989
4.20%, 03/15/48
60
48,822
4.35%, 04/25/44
40
33,775
Provident Financing Trust I, 7.41%, 03/15/38
20
20,816
Prudential Financial, Inc.
3.00%, 03/10/40
50
38,170
3.70%, 03/13/51
150
109,258
3.91%, 12/07/47
90
68,732
3.94%, 12/07/49
110
83,662
4.35%, 02/25/50
100
81,193
4.42%, 03/27/48
45
36,937
4.60%, 05/15/44
78
67,832
5.70%, 12/14/36
65
67,478
6.63%, 12/01/37
35
38,856
6.63%, 06/21/40
30
33,119
Securian Financial Group, Inc., 4.80%, 04/15/48(a)
55
46,806
Selective Insurance Group, Inc., 5.38%, 03/01/49
40
36,575
Symetra Life Insurance Co., 6.55%, 10/01/55(a)
15
15,352
Teachers Insurance & Annuity Association of America
3.30%, 05/15/50(a)
125
83,699
21

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Insurance (continued)
4.27%, 05/15/47(a)
$190
$153,094
4.90%, 09/15/44(a)
145
129,540
6.85%, 12/16/39(a)
100
111,654
Transatlantic Holdings, Inc., 8.00%, 11/30/39
35
42,474
Travelers Companies, Inc.(The)
2.55%, 04/27/50
50
29,869
3.05%, 06/08/51
50
32,724
3.75%, 05/15/46
45
34,814
4.00%, 05/30/47
85
67,566
4.05%, 03/07/48
65
51,955
4.10%, 03/04/49
60
47,945
4.30%, 08/25/45
35
29,293
4.60%, 08/01/43
40
35,613
5.35%, 11/01/40
100
99,350
5.45%, 05/25/53
85
82,487
5.70%, 07/24/55
35
35,390
6.25%, 06/15/37
65
70,937
6.75%, 06/20/36
30
33,875
Unum Group
4.05%, 08/15/41(a)
65
52,625
4.13%, 06/15/51
30
22,500
4.50%, 12/15/49
50
40,306
5.75%, 08/15/42
60
59,430
6.00%, 06/15/54
25
24,714
W.R. Berkley Corp.
3.15%, 09/30/61
45
26,918
3.55%, 03/30/52
25
17,392
4.00%, 05/12/50
50
38,256
4.75%, 08/01/44
45
40,143
Western & Southern Life Insurance Co.(The)
3.75%, 04/28/61(a)
50
33,280
5.15%, 01/15/49(a)
55
48,924
Willis North America, Inc.
3.88%, 09/15/49
55
40,987
5.05%, 09/15/48
40
35,339
5.90%, 03/05/54
75
74,392
Wynnton Funding Trust II, 5.99%, 08/15/55(a)
110
109,573
XL Group Ltd., 5.25%, 12/15/43
40
37,220
 
12,699,292
Internet — 1.8%
Alibaba Group Holding Ltd.
2.70%, 02/09/41
200
149,553
3.15%, 02/09/51
210
143,678
3.25%, 02/09/61
5
3,239
4.00%, 12/06/37
75
68,548
4.20%, 12/06/47
225
187,449
4.40%, 12/06/57
75
62,129
5.63%, 11/26/54
10
10,099
Alphabet, Inc.
1.90%, 08/15/40
135
89,842
2.05%, 08/15/50
275
147,606
2.25%, 08/15/60(b)
145
73,229
5.25%, 05/15/55
90
84,847
5.30%, 05/15/65
80
74,041
5.35%, 11/15/45
165
160,960
5.45%, 11/15/55
545
525,858
5.50%, 02/15/46
210
207,825
5.65%, 02/15/56
140
138,956
5.70%, 11/15/75
310
302,237
5.75%, 02/15/66
150
148,806
Security
Par
(000
)
Value
Internet (continued)
Amazon.com, Inc.
2.50%, 06/03/50
$265
$155,773
2.70%, 06/03/60
203
112,324
2.88%, 05/12/41
205
152,677
3.10%, 05/12/51
310
203,647
3.25%, 05/12/61
180
112,270
3.88%, 08/22/37
245
220,790
3.95%, 04/13/52
250
192,561
4.05%, 08/22/47
287
230,396
4.10%, 04/13/62
105
78,362
4.25%, 08/22/57
225
176,687
4.95%, 12/05/44
160
150,530
5.45%, 11/20/55
260
248,220
5.55%, 11/20/65
365
345,893
5.65%, 03/13/46
250
249,471
5.80%, 03/13/56
430
430,084
5.95%, 03/13/66
135
135,979
6.05%, 03/13/76
250
251,998
AppLovin Corp., 5.95%, 12/01/54
5
4,787
eBay, Inc.
3.65%, 05/10/51
90
65,540
4.00%, 07/15/42
75
60,248
Meta Platforms, Inc.
4.45%, 08/15/52
285
223,009
4.65%, 08/15/62
160
123,396
5.40%, 08/15/54
320
286,123
5.50%, 11/15/45
430
403,317
5.55%, 08/15/64
275
244,584
5.60%, 05/15/53
265
245,343
5.63%, 11/15/55
595
548,083
5.75%, 05/15/63
190
174,262
5.75%, 11/15/65
460
420,844
6.20%, 05/15/46
350
353,581
6.30%, 05/15/56
450
453,640
6.45%, 05/15/66
250
251,553
Netflix, Inc., 5.40%, 08/15/54
15
14,566
Prosus NV
3.83%, 02/08/51(f)
200
134,101
4.03%, 08/03/50(f)
200
140,523
Tencent Holdings Ltd.
3.24%, 06/03/50(f)
200
140,598
3.84%, 04/22/51(f)
200
155,732
3.93%, 01/19/38(f)
200
182,063
Uber Technologies, Inc., 5.35%, 09/15/54
125
116,426
 
10,768,883
Iron & Steel — 0.1%
ArcelorMittal SA
6.35%, 06/17/54(b)
30
31,382
6.75%, 03/01/41
45
48,962
7.00%, 10/15/39
65
72,392
Cleveland-Cliffs, Inc., 6.25%, 10/01/40
25
20,448
Nucor Corp.
2.98%, 12/15/55
84
52,235
3.85%, 04/01/52
90
68,345
6.40%, 12/01/37
70
77,750
Steel Dynamics, Inc.
3.25%, 10/15/50
55
36,587
5.75%, 05/15/55
40
39,564
U.S. Steel Corp., 6.65%, 06/01/37
30
30,635
Vale Overseas Ltd.
6.40%, 06/28/54
115
117,773
22

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Iron & Steel (continued)
6.88%, 11/21/36(b)
$80
$89,529
6.88%, 11/10/39
65
72,539
Vale SA, 5.63%, 09/11/42
110
108,840
 
866,981
Leisure Time — 0.0%
Harley-Davidson, Inc., 4.63%, 07/28/45
20
15,944
Royal Caribbean Cruises Ltd., 5.25%, 02/27/38
90
87,159
 
103,103
Lodging — 0.0%
Marriott International, Inc., 5.50%, 04/15/37
100
101,030
Marriott International, Inc./MD, 5.10%, 05/01/38
55
53,112
 
154,142
Machinery — 0.2%
Caterpillar, Inc.
3.25%, 09/19/49
70
49,251
3.25%, 04/09/50
55
38,589
3.80%, 08/15/42
130
108,109
4.30%, 05/15/44
100
86,530
4.75%, 05/15/64
30
26,248
5.20%, 05/27/41
126
126,041
6.05%, 08/15/36
65
70,977
Deere & Co.
2.88%, 09/07/49
55
36,195
3.75%, 04/15/50
70
53,714
3.90%, 06/09/42
124
105,163
5.70%, 01/19/55
65
66,704
Dover Corp., 5.38%, 03/01/41
50
49,799
GE Vernova, Inc., 5.50%, 02/04/56
35
33,913
Ingersoll Rand, Inc., 5.70%, 06/15/54
30
29,649
Otis Worldwide Corp.
3.11%, 02/15/40
85
65,368
3.36%, 02/15/50
60
41,501
Rockwell Automation, Inc.
2.80%, 08/15/61
25
14,171
4.20%, 03/01/49
65
52,916
Vertiv Holdings Co.
5.65%, 03/15/46
35
34,092
5.95%, 03/15/66
35
34,496
Xylem, Inc./New York, 4.38%, 11/01/46
35
29,255
 
1,152,681
Manufacturing — 0.2%
3M Co.
3.13%, 09/19/46
50
34,362
3.25%, 08/26/49
90
61,851
3.63%, 10/15/47
55
40,670
3.70%, 04/15/50
40
29,545
3.88%, 06/15/44
40
32,050
4.00%, 09/14/48
115
90,454
5.70%, 03/15/37
27
28,135
Eaton Corp.
3.92%, 09/15/47
95
75,496
4.15%, 11/02/42
115
99,142
4.70%, 08/23/52
90
80,182
Illinois Tool Works, Inc.
3.90%, 09/01/42
115
96,336
4.88%, 09/15/41
66
62,717
Parker-Hannifin Corp.
4.00%, 06/14/49
80
63,579
4.10%, 03/01/47
55
44,817
4.45%, 11/21/44
55
48,121
Security
Par
(000
)
Value
Manufacturing (continued)
6.25%, 05/15/38
$40
$43,801
Siemens Financieringsmaatschappij NV
2.88%, 03/11/41(a)
250
186,982
3.30%, 09/15/46(a)
15
10,894
4.20%, 03/16/47(a)
255
213,443
4.40%, 05/27/45(a)
60
52,062
Siemens Funding BV, 5.90%, 05/28/65(a)
15
15,422
 
1,410,061
Media — 1.5%
Charter Communications Operating LLC/Charter
Communications Operating Capital
3.50%, 06/01/41
170
118,586
3.50%, 03/01/42
75
51,520
3.70%, 04/01/51
150
92,396
3.85%, 04/01/61
170
98,532
3.90%, 06/01/52
225
142,641
3.95%, 06/30/62
140
82,078
4.40%, 12/01/61
145
92,883
4.80%, 03/01/50
270
200,329
5.13%, 07/01/49
135
103,892
5.25%, 04/01/53(b)
150
116,743
5.38%, 04/01/38
65
57,986
5.38%, 05/01/47
245
197,538
5.50%, 04/01/63
105
80,509
5.75%, 04/01/48
233
195,935
6.48%, 10/23/45
326
300,759
6.70%, 12/01/55
65
61,601
6.83%, 10/23/55
45
42,327
Comcast Corp.
2.45%, 08/15/52
155
80,957
2.65%, 08/15/62
135
66,811
2.80%, 01/15/51
190
109,449
2.89%, 11/01/51
490
286,254
2.94%, 11/01/56
555
311,210
2.99%, 11/01/63
299
160,293
3.20%, 07/15/36
95
79,908
3.25%, 11/01/39
126
97,319
3.40%, 07/15/46
160
110,315
3.45%, 02/01/50
200
132,388
3.75%, 04/01/40
175
142,175
3.90%, 03/01/38
110
94,650
3.97%, 11/01/47
212
157,256
4.00%, 08/15/47
85
63,289
4.00%, 03/01/48
90
66,573
4.00%, 11/01/49
201
146,618
4.05%, 11/01/52
95
68,400
4.60%, 10/15/38
99
90,500
4.60%, 08/15/45
105
87,937
4.65%, 07/15/42
90
77,939
4.70%, 10/15/48
145
119,373
4.75%, 03/01/44
55
47,589
4.95%, 10/15/58
105
86,010
5.35%, 05/15/53
140
123,659
5.50%, 05/15/64
140
123,830
5.65%, 06/01/54
130
119,733
6.05%, 05/15/55(b)
70
69,077
6.45%, 03/15/37
70
75,982
6.55%, 07/01/39
40
43,307
6.95%, 08/15/37
30
33,657
Cox Communications, Inc.
2.95%, 10/01/50(a)
75
39,982
23

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Media (continued)
3.60%, 06/15/51(a)
$70
$42,106
4.50%, 06/30/43(a)
41
31,066
4.60%, 08/15/47(a)
35
25,308
4.70%, 12/15/42(a)
25
19,512
5.80%, 12/15/53(a)
75
62,958
5.95%, 09/01/54(a)
75
64,315
8.38%, 03/01/39(a)
40
45,039
Discovery Communications LLC, 6.35%, 06/01/40
105
93,402
Fox Corp.
5.48%, 01/25/39
130
127,782
5.58%, 01/25/49
65
61,245
Grupo Televisa SAB
5.00%, 05/13/45
50
33,759
5.25%, 05/24/49
45
30,169
6.13%, 01/31/46
65
50,081
6.63%, 01/15/40
94
81,891
NBCUniversal Media LLC
4.45%, 01/15/43
70
58,473
5.95%, 04/01/41
65
66,149
6.40%, 04/30/40
10
10,686
Paramount Global
4.38%, 03/15/43
135
85,928
4.60%, 01/15/45
55
34,700
4.85%, 07/01/42
49
33,033
4.90%, 08/15/44
55
35,838
4.95%, 05/19/50
95
60,917
5.25%, 04/01/44
30
20,207
5.85%, 09/01/43
110
81,052
5.90%, 10/15/40
25
19,169
Time Warner Cable LLC
4.50%, 09/15/42
119
89,897
5.50%, 09/01/41
80
69,045
5.88%, 11/15/40
115
103,544
6.55%, 05/01/37
140
139,790
6.75%, 06/15/39
140
138,777
7.30%, 07/01/38
140
145,750
TWDC Enterprises 18 Corp.
3.00%, 07/30/46
70
48,048
3.70%, 12/01/42
70
55,584
4.13%, 06/01/44
96
79,461
4.38%, 08/16/41
50
44,294
Series E, 4.13%, 12/01/41
80
68,579
Walt Disney Co.(The)
2.75%, 09/01/49
135
84,325
3.50%, 05/13/40
170
139,535
3.60%, 01/13/51
290
212,233
3.80%, 05/13/60
10
7,230
4.63%, 03/23/40
50
46,792
4.70%, 03/23/50
180
158,461
4.75%, 09/15/44
70
62,862
4.75%, 11/15/46
45
39,810
4.95%, 10/15/45
65
59,552
5.40%, 10/01/43
75
73,707
6.15%, 03/01/37
31
33,713
6.15%, 02/15/41
50
53,612
6.65%, 11/15/37
125
140,772
7.75%, 12/01/45
35
43,564
 
8,762,417
Security
Par
(000
)
Value
Metal Fabricate & Hardware — 0.0%
Precision Castparts Corp.
3.90%, 01/15/43
$55
$45,428
4.38%, 06/15/45
40
34,248
Valmont Industries, Inc.
5.00%, 10/01/44
55
49,908
5.25%, 10/01/54
30
27,695
 
157,279
Mining — 0.6%
Anglo American Capital PLC, 4.75%, 03/16/52(f)
200
168,696
AngloGold Ashanti Holdings PLC, 6.50%, 04/15/40
30
31,413
Barrick International Barbados Corp., 6.35%,
10/15/36(a)
10
10,821
Barrick Mining Corp., 5.25%, 04/01/42
5
4,902
Barrick North America Finance LLC
5.70%, 05/30/41
94
95,540
5.75%, 05/01/43
84
85,061
Barrick PD Australia Finance Pty. Ltd., 5.95%,
10/15/39
95
99,301
BHP Billiton Finance USA Ltd.
4.13%, 02/24/42
120
103,336
5.00%, 09/30/43
245
230,806
5.50%, 09/08/53(b)
75
73,774
5.75%, 09/05/55
55
55,847
Corp. Nacional del Cobre de Chile
3.70%, 01/30/50(f)
200
137,745
4.38%, 02/05/49(f)
200
154,938
4.50%, 08/01/47(f)
200
160,079
5.63%, 10/18/43(f)
200
189,100
6.30%, 09/08/53(f)
200
201,747
6.78%, 01/13/55(f)
200
211,047
Freeport-McMoRan, Inc., 5.45%, 03/15/43
170
164,934
Glencore Finance Canada Ltd.
5.55%, 10/25/42(a)
55
53,740
6.00%, 11/15/41(a)
40
40,889
6.90%, 11/15/37(a)
49
54,321
Glencore Funding LLC
3.38%, 09/23/51(a)
55
36,787
3.88%, 04/27/51(a)
45
33,242
5.89%, 04/04/54(a)(b)
35
34,847
6.14%, 04/01/55(a)
55
56,607
Industrias Penoles SAB de CV, 4.75%, 08/06/50(f)
200
164,680
Newmont Corp.
4.88%, 03/15/42
67
63,034
5.45%, 06/09/44
45
43,729
Newmont Corp./Newcrest Finance Pty. Ltd., 4.20%,
05/13/50
45
36,064
Rio Tinto Finance USA Ltd.
2.75%, 11/02/51
136
83,524
5.20%, 11/02/40
105
103,319
Rio Tinto Finance USA PLC
4.13%, 08/21/42
70
59,584
4.75%, 03/22/42
55
50,690
5.13%, 03/09/53
120
111,044
5.75%, 03/14/55
175
176,810
5.88%, 03/14/65
50
51,136
Southern Copper Corp.
5.25%, 11/08/42
120
114,130
5.88%, 04/23/45
120
120,817
6.75%, 04/16/40
100
110,629
 
3,778,710
24

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Office & Business Equipment — 0.0%
Xerox Corp., 6.75%, 12/15/39
$35
$12,288
Oil & Gas — 3.0%
Adnoc Murban Rsc Ltd., 5.13%, 09/11/54(f)
200
179,167
Aker BP ASA, 5.80%, 10/01/54(a)
5
4,709
APA Corp.
5.10%, 09/01/40
35
32,248
5.35%, 07/01/49
35
30,763
6.75%, 02/15/55
45
47,276
BP Capital Markets America, Inc.
2.77%, 11/10/50
135
83,366
2.94%, 06/04/51
205
130,314
3.00%, 02/24/50
195
127,392
3.00%, 03/17/52
120
76,684
3.06%, 06/17/41
140
105,929
3.38%, 02/08/61
145
94,002
Burlington Resources LLC, 5.95%, 10/15/36
40
42,727
Canadian Natural Resources Ltd.
4.95%, 06/01/47
75
66,832
6.25%, 03/15/38
100
106,238
6.50%, 02/15/37
40
43,230
6.75%, 02/01/39
40
43,864
Cenovus Energy, Inc.
3.75%, 02/15/52
80
57,679
5.25%, 06/15/37
32
31,143
5.40%, 06/15/47
57
52,719
6.75%, 11/15/39
53
58,501
Chevron Corp., 3.08%, 05/11/50
110
73,918
Chevron USA, Inc.
2.34%, 08/12/50
50
28,754
5.25%, 11/15/43
53
52,732
6.00%, 03/01/41
45
48,592
CNOOC Finance 2014 ULC, 4.88%, 04/30/44
400
390,878
CNOOC Petroleum North America ULC, 6.40%,
05/15/37
40
45,820
ConocoPhillips
4.88%, 10/01/47
35
31,052
5.90%, 05/15/38
20
21,188
ConocoPhillips Co.
3.76%, 03/15/42
85
69,123
3.80%, 03/15/52
90
66,233
4.03%, 03/15/62
130
95,053
4.30%, 11/15/44
85
71,732
5.30%, 05/15/53
65
60,725
5.50%, 01/15/55
135
129,659
5.55%, 03/15/54
95
92,045
5.65%, 01/15/65
65
62,800
5.70%, 09/15/63
55
53,516
5.95%, 03/15/46
45
46,122
6.50%, 02/01/39
155
171,604
Continental Resources, Inc./OK, 4.90%, 06/01/44
70
57,551
Coterra Energy, Inc., 5.90%, 02/15/55
75
73,810
Devon Energy Corp.
4.75%, 05/15/42
44
39,366
5.00%, 06/15/45
70
62,907
5.60%, 07/15/41
125
123,566
5.75%, 09/15/54
105
101,423
Diamondback Energy, Inc.
5.75%, 04/18/54
145
142,518
5.90%, 04/18/64
70
69,365
6.25%, 03/15/53
75
77,913
Security
Par
(000
)
Value
Oil & Gas (continued)
Ecopetrol SA
5.88%, 05/28/45
$200
$150,382
5.88%, 11/02/51
70
50,969
7.38%, 09/18/43
90
82,405
Eni SpA, 5.70%, 10/01/40(a)
40
39,320
EOG Resources, Inc.
4.95%, 04/15/50
95
84,951
5.65%, 12/01/54(b)
80
78,674
5.95%, 07/15/55
70
71,632
Equinor ASA
3.25%, 11/18/49
90
62,578
3.63%, 04/06/40
65
54,356
3.70%, 04/06/50
100
75,224
3.95%, 05/15/43
102
84,412
4.25%, 11/23/41
70
61,035
4.80%, 11/08/43
50
46,120
5.10%, 08/17/40
50
48,987
Exxon Mobil Corp.
3.00%, 08/16/39
75
59,608
3.10%, 08/16/49
120
81,392
3.45%, 04/15/51
275
197,166
3.57%, 03/06/45
130
101,011
4.11%, 03/01/46
225
187,552
4.23%, 03/19/40
195
176,579
4.33%, 03/19/50
275
230,140
Hess Corp.
5.60%, 02/15/41
110
112,418
5.80%, 04/01/47
55
56,088
6.00%, 01/15/40
75
79,325
KazMunayGas National Co. JSC, 6.38%, 10/24/48(f)
200
201,100
Marathon Petroleum Corp.
4.50%, 04/01/48
55
44,386
4.75%, 09/15/44
80
69,712
5.00%, 09/15/54(b)
35
29,887
6.50%, 03/01/41
120
129,013
Motiva Enterprises LLC, 6.85%, 01/15/40(a)
120
130,103
Murphy Oil Corp., 5.88%, 12/01/42
35
30,726
Occidental Petroleum Corp.
4.20%, 03/15/48
45
35,354
4.40%, 04/15/46
55
45,368
6.05%, 10/01/54
95
96,068
6.20%, 03/15/40
44
46,196
6.45%, 09/15/36
160
173,881
6.60%, 03/15/46
80
85,695
7.95%, 06/15/39
40
47,970
Ovintiv, Inc.
6.50%, 02/01/38
40
42,428
6.63%, 08/15/37
45
48,257
7.10%, 07/15/53
45
49,928
Pertamina Persero PT
4.18%, 01/21/50(f)
200
154,068
5.63%, 05/20/43(f)
200
189,346
6.00%, 05/03/42(f)
200
197,096
6.45%, 05/30/44(f)
200
205,887
Petrobras Global Finance BV
5.50%, 06/10/51
50
40,966
6.75%, 01/27/41
60
59,477
6.85%, 06/05/2115(b)
150
141,692
6.88%, 01/20/40(b)
90
91,405
7.25%, 03/17/44
60
62,324
Petroleos del Peru SA, 5.63%, 06/19/47(f)
200
146,154
25

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Oil & Gas (continued)
Petroleos Mexicanos
5.50%, 06/27/44(b)
$120
$94,144
5.63%, 01/23/46
10
7,815
6.35%, 02/12/48
150
121,499
6.38%, 01/23/45
150
125,231
6.50%, 06/02/41
100
89,171
6.75%, 09/21/47
500
420,013
6.95%, 01/28/60
400
331,842
7.69%, 01/23/50
750
687,148
Petronas Capital Ltd.
3.40%, 04/28/61(f)
200
135,573
4.50%, 03/18/45(f)
200
178,622
4.55%, 04/21/50(f)
300
263,327
5.85%, 04/03/55(f)
200
209,953
Phillips 66
3.30%, 03/15/52
75
49,288
4.88%, 11/15/44
185
164,294
5.88%, 05/01/42
135
135,959
Phillips 66 Co.
4.68%, 02/15/45
35
29,967
4.90%, 10/01/46
80
70,043
5.50%, 03/15/55
40
37,177
5.65%, 06/15/54
60
56,744
PTTEP Treasury Center Co. Ltd., 3.90%, 12/06/59(f)
200
149,626
Qatar Energy
3.13%, 07/12/41(f)
400
299,961
3.30%, 07/12/51(f)
400
269,051
Raizen Fuels Finance SA, 6.95%, 02/25/37(f)(g)(h)
200
114,413
Reliance Industries Ltd., 3.63%, 01/12/52(f)
250
179,076
Saudi Arabian Oil Co.
3.25%, 11/24/50(f)
400
261,421
3.50%, 11/24/70(f)
200
124,191
4.25%, 04/16/39(f)
200
176,825
4.38%, 04/16/49(f)
200
161,579
5.75%, 07/17/54(f)
200
189,632
5.88%, 07/17/64(f)
200
188,665
6.38%, 06/02/55(f)
200
203,841
Shell Finance U.S., Inc.
3.00%, 11/26/51(a)
105
68,076
3.13%, 11/07/49(a)
110
73,923
3.25%, 04/06/50
195
135,208
3.75%, 09/12/46
125
96,564
4.00%, 05/10/46
200
160,229
4.38%, 05/11/45
205
175,339
4.55%, 08/12/43
55
48,747
5.13%, 10/15/41(a)
25
23,994
5.50%, 03/25/40(a)
80
80,889
6.38%, 12/15/38(a)
175
192,193
Shell International Finance BV
2.88%, 11/26/41
70
51,195
3.63%, 08/21/42
60
47,525
4.00%, 05/10/46
45
36,070
4.38%, 05/11/45
40
34,055
Sinopec Group Overseas Development 2015 Ltd.,
4.10%, 04/28/45(f)
200
175,433
Sinopec Group Overseas Development 2017 Ltd.,
4.25%, 04/12/47(f)
300
266,628
Sinopec Group Overseas Development 2018 Ltd.,
3.10%, 01/08/51(f)
200
143,802
Suncor Energy, Inc.
3.75%, 03/04/51
75
54,018
Security
Par
(000
)
Value
Oil & Gas (continued)
4.00%, 11/15/47
$79
$60,528
6.80%, 05/15/38
66
72,736
6.85%, 06/01/39
75
83,443
TotalEnergies Capital International SA
2.99%, 06/29/41
97
72,665
3.13%, 05/29/50
261
175,540
3.39%, 06/29/60
70
45,674
3.46%, 07/12/49
120
85,926
TotalEnergies Capital SA
5.28%, 09/10/54
75
70,646
5.43%, 09/10/64
115
108,315
5.49%, 04/05/54
160
155,149
5.64%, 04/05/64
95
92,181
Transocean International Ltd., 6.80%, 03/15/38
45
43,097
Valero Energy Corp.
3.65%, 12/01/51
85
59,237
4.00%, 06/01/52
50
36,830
4.90%, 03/15/45
55
48,530
6.63%, 06/15/37
135
148,863
Woodside Finance Ltd., 5.70%, 09/12/54
80
76,594
YPF SA, 7.00%, 12/15/47(f)
90
81,139
 
17,548,631
Oil & Gas Services — 0.2%
Baker Hughes Holdings LLC, 5.13%, 09/15/40
130
125,346
Baker Hughes Holdings LLC/Baker Hughes
Co-Obligor, Inc.
4.08%, 12/15/47
138
110,445
5.85%, 06/15/56
155
154,623
Halliburton Co.
4.50%, 11/15/41
40
34,823
4.75%, 08/01/43
83
73,976
5.00%, 11/15/45
180
163,237
6.70%, 09/15/38
73
81,074
7.45%, 09/15/39
85
99,936
NOV, Inc., 3.95%, 12/01/42
109
87,529
Yinson Boronia Production BV, 8.95%, 07/31/42(f)
194
213,428
 
1,144,417
Packaging & Containers — 0.0%
Packaging Corp. of America
3.05%, 10/01/51
50
32,101
4.05%, 12/15/49
50
38,515
Smurfit Kappa Treasury ULC, 5.78%, 04/03/54
40
39,655
Sonoco Products Co., 5.75%, 11/01/40
50
50,232
 
160,503
Pharmaceuticals — 2.9%
AbbVie, Inc.
4.05%, 11/21/39
380
334,999
4.25%, 11/21/49
510
416,946
4.40%, 11/06/42
270
237,869
4.45%, 05/14/46
231
198,432
4.63%, 10/01/42
85
76,773
4.70%, 05/14/45
270
241,174
4.75%, 03/15/45
70
62,960
4.85%, 06/15/44
90
82,533
4.88%, 11/14/48
115
103,398
5.35%, 03/15/44
70
68,392
5.40%, 03/15/54
300
288,136
5.50%, 03/15/64
130
125,137
5.55%, 03/15/56
50
49,145
5.60%, 03/15/55
60
59,296
26

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Pharmaceuticals (continued)
5.65%, 03/15/66
$75
$73,766
AstraZeneca PLC
2.13%, 08/06/50
45
24,962
3.00%, 05/28/51
65
43,394
4.00%, 09/18/42
101
85,716
4.38%, 11/16/45
98
85,354
4.38%, 08/17/48
65
55,852
6.45%, 09/15/37
255
284,687
Bayer U.S. Finance II LLC
3.95%, 04/15/45(a)
78
57,855
4.40%, 07/15/44(a)
140
112,111
4.63%, 06/25/38(a)
110
99,549
4.70%, 07/15/64(a)
71
54,682
4.88%, 06/25/48(a)
85
71,242
Bayer U.S. Finance LLC, 6.88%, 11/21/53(a)
80
86,341
Becton Dickinson & Co., 4.67%, 06/06/47
15
13,127
Bristol-Myers Squibb Co.
2.35%, 11/13/40
95
66,441
2.55%, 11/13/50
140
82,324
3.25%, 08/01/42
65
49,198
3.55%, 03/15/42
100
79,466
3.70%, 03/15/52
215
156,768
3.90%, 03/15/62
70
50,092
4.13%, 06/15/39
205
183,063
4.25%, 10/26/49
375
304,095
4.35%, 11/15/47
90
74,980
4.50%, 03/01/44
35
30,520
4.55%, 02/20/48
130
111,269
4.63%, 05/15/44
90
79,777
5.00%, 08/15/45
85
78,845
5.50%, 02/22/44
55
54,501
5.55%, 02/22/54
245
238,574
5.65%, 02/22/64(b)
20
19,676
6.25%, 11/15/53
10
10,634
Cardinal Health, Inc.
4.37%, 06/15/47
61
50,003
4.50%, 11/15/44
35
29,465
4.60%, 03/15/43
25
21,653
4.90%, 09/15/45
35
30,987
5.75%, 11/15/54
60
59,026
Cencora, Inc.
4.25%, 03/01/45
55
45,577
4.30%, 12/15/47
55
45,318
5.65%, 02/13/56
35
34,247
CVS Health Corp.
2.70%, 08/21/40
40
28,171
4.13%, 04/01/40
75
63,729
4.25%, 04/01/50
55
42,627
4.78%, 03/25/38
460
429,323
5.05%, 03/25/48
755
662,630
5.13%, 07/20/45
295
264,904
5.30%, 12/05/43
95
88,090
5.63%, 02/21/53
125
116,879
5.88%, 06/01/53
95
91,863
6.00%, 06/01/44
75
75,309
6.00%, 06/01/63
75
72,794
6.05%, 06/01/54
90
89,522
6.13%, 09/15/39
55
56,975
6.20%, 09/15/55
105
106,585
6.25%, 09/15/65
45
45,210
Security
Par
(000
)
Value
Pharmaceuticals (continued)
Eli Lilly & Co.
2.25%, 05/15/50
$115
$65,356
2.50%, 09/15/60
85
45,840
3.70%, 03/01/45
45
35,369
3.95%, 05/15/47
40
32,051
3.95%, 03/15/49
100
79,324
4.15%, 03/15/59
55
42,854
4.88%, 02/27/53
120
108,670
4.95%, 02/27/63
85
75,622
5.00%, 02/09/54
145
133,328
5.05%, 08/14/54
125
115,646
5.10%, 02/09/64
145
131,965
5.20%, 08/14/64
70
64,737
5.50%, 02/12/55
95
94,116
5.55%, 03/15/37
45
47,376
5.55%, 10/15/55
95
94,867
5.60%, 05/20/56
195
195,576
5.60%, 02/12/65
70
68,561
5.65%, 10/15/65
95
94,552
5.70%, 05/20/66
40
40,126
GlaxoSmithKline Capital, Inc.
4.20%, 03/18/43
38
32,818
6.38%, 05/15/38
272
300,479
Johnson & Johnson
2.10%, 09/01/40
110
76,976
2.25%, 09/01/50
80
46,278
2.45%, 09/01/60
95
51,643
3.40%, 01/15/38
120
104,220
3.50%, 01/15/48
48
36,403
3.63%, 03/03/37
162
145,296
3.70%, 03/01/46
205
163,814
3.75%, 03/03/47
135
107,536
4.50%, 09/01/40
50
47,264
4.50%, 12/05/43
40
37,030
4.85%, 05/15/41
30
29,335
5.25%, 06/01/54(b)
50
49,777
5.85%, 07/15/38
75
81,480
5.95%, 08/15/37
60
66,043
Mead Johnson Nutrition Co., 4.60%, 06/01/44
50
43,463
Merck & Co., Inc.
2.35%, 06/24/40
115
81,837
2.45%, 06/24/50
145
84,641
2.75%, 12/10/51
150
91,720
2.90%, 12/10/61
140
80,947
3.60%, 09/15/42
85
67,770
3.70%, 02/10/45
195
152,756
3.90%, 03/07/39
90
79,320
4.00%, 03/07/49
145
114,725
4.15%, 05/18/43
135
114,505
4.90%, 05/17/44
45
41,647
5.00%, 05/17/53
145
131,414
5.15%, 05/17/63
85
77,023
5.50%, 03/15/46
75
74,022
5.55%, 12/04/55
105
103,195
5.70%, 09/15/55
95
95,313
5.70%, 12/04/65
100
98,662
5.75%, 05/22/46
50
50,910
5.85%, 05/22/56
35
35,904
6.55%, 09/15/37
35
39,268
Merck Sharp & Dohme Corp., 5.75%, 11/15/36
45
47,600
27

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Pharmaceuticals (continued)
Mylan, Inc.
5.20%, 04/15/48
$75
$61,637
5.40%, 11/29/43
40
35,091
Novartis Capital Corp.
2.75%, 08/14/50
130
82,251
3.70%, 09/21/42
65
53,167
4.00%, 11/20/45
115
95,012
4.40%, 05/06/44
180
158,248
4.70%, 09/18/54
70
61,716
5.20%, 11/05/45
55
52,901
5.30%, 11/05/55
50
48,242
5.60%, 03/18/46
75
75,811
5.70%, 03/18/56
155
157,355
Pfizer Investment Enterprises Pte. Ltd.
5.11%, 05/19/43
300
284,966
5.30%, 05/19/53
595
558,192
5.34%, 05/19/63
390
359,526
Pfizer, Inc.
2.55%, 05/28/40
120
87,312
2.70%, 05/28/50
87
53,847
3.90%, 03/15/39
70
61,029
4.00%, 12/15/36
105
96,678
4.00%, 03/15/49
90
71,083
4.10%, 09/15/38
70
63,388
4.13%, 12/15/46
140
115,066
4.20%, 09/15/48
115
93,998
4.30%, 06/15/43
50
43,051
4.40%, 05/15/44
70
60,975
5.60%, 09/15/40
65
66,797
5.60%, 11/15/55
35
34,655
5.70%, 11/15/65
15
14,712
7.20%, 03/15/39
240
280,602
Takeda Pharmaceutical Co. Ltd.
3.03%, 07/09/40
200
151,355
3.18%, 07/09/50
200
132,478
3.38%, 07/09/60
200
126,910
Takeda U.S. Financing, Inc., 5.90%, 07/07/55
200
200,869
Teva Pharmaceutical Finance Netherlands III BV,
4.10%, 10/01/46
250
190,578
Utah Acquisition Sub, Inc., 5.25%, 06/15/46
65
54,478
Viatris, Inc.
3.85%, 06/22/40
150
117,075
4.00%, 06/22/50
200
136,532
Wyeth LLC, 5.95%, 04/01/37
145
154,182
Zoetis, Inc.
3.00%, 05/15/50
40
25,787
3.95%, 09/12/47
55
42,867
4.45%, 08/20/48
30
24,974
4.70%, 02/01/43
105
93,646
 
17,042,947
Pipelines — 2.2%
Abu Dhabi Crude Oil Pipeline LLC, 4.60%, 11/02/47(f)
200
177,178
Buckeye Partners LP
5.60%, 10/15/44
30
26,458
5.85%, 11/15/43
40
36,335
Cameron LNG LLC
3.40%, 01/15/38(a)
75
65,089
3.70%, 01/15/39(a)
90
76,170
Cheniere Corpus Christi Holdings LLC, 2.74%,
12/31/39
45
38,023
Cheniere Energy Partners LP, 5.35%, 11/30/36(a)
25
25,000
Security
Par
(000
)
Value
Pipelines (continued)
Cheniere Energy, Inc., 6.00%, 07/30/56(a)
$55
$54,919
Colonial Pipeline Co.
4.20%, 04/15/43(a)
10
7,842
4.25%, 04/15/48(a)
65
49,339
Columbia Pipeline Group, Inc., 5.80%, 06/01/45
50
49,489
Columbia Pipelines Operating Co. LLC
5.70%, 10/01/54(a)
40
37,976
5.96%, 02/15/55(a)
25
24,634
6.50%, 08/15/43(a)
70
74,554
6.54%, 11/15/53(a)
130
138,250
6.71%, 08/15/63(a)
30
32,564
DCP Midstream Operating LP
5.60%, 04/01/44
35
33,417
6.45%, 11/03/36(a)
30
31,899
6.75%, 09/15/37(a)
45
48,977
Eastern Energy Gas Holdings LLC
5.65%, 10/15/54
55
52,370
6.20%, 01/15/55(b)
35
35,811
Eastern Gas Transmission & Storage, Inc.
4.60%, 12/15/44
55
47,110
4.80%, 11/01/43
35
30,902
EIG Pearl Holdings SARL, 4.39%, 11/30/46(f)
200
163,389
Enbridge Energy Partners LP
5.50%, 09/15/40
56
54,978
7.38%, 10/15/45
50
57,986
Series B, 7.50%, 04/15/38
40
46,468
Enbridge, Inc.
3.40%, 08/01/51
60
40,887
4.00%, 11/15/49
45
34,342
4.50%, 06/10/44
30
25,488
5.50%, 12/01/46
83
79,813
5.95%, 04/05/54
120
120,844
6.70%, 11/15/53
120
132,241
Energy Transfer LP
4.95%, 01/15/43
35
30,946
5.00%, 05/15/44
60
52,964
5.00%, 05/15/50
140
119,202
5.15%, 02/01/43
60
54,306
5.15%, 03/15/45
115
102,374
5.30%, 04/01/44
80
72,938
5.30%, 04/15/47
125
112,184
5.35%, 05/15/45
70
63,655
5.40%, 10/01/47
160
145,492
5.95%, 10/01/43
70
68,934
5.95%, 05/15/54
185
178,545
6.00%, 06/15/48
115
111,830
6.05%, 06/01/41
35
35,692
6.05%, 09/01/54
145
141,277
6.10%, 02/15/42
45
44,946
6.13%, 12/15/45
85
84,347
6.20%, 04/01/55
60
59,622
6.25%, 04/15/49
130
130,070
6.30%, 01/15/56
5
5,049
6.50%, 02/01/42
120
126,788
6.63%, 10/15/36
50
54,223
7.50%, 07/01/38
65
75,280
Series 20Y, 5.80%, 06/15/38
55
56,035
Enterprise Products Operating LLC
3.20%, 02/15/52
110
72,971
3.30%, 02/15/53
75
50,266
3.70%, 01/31/51
115
84,433
28

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Pipelines (continued)
3.95%, 01/31/60
$60
$44,033
4.20%, 01/31/50
135
108,975
4.25%, 02/15/48
135
110,568
4.45%, 02/15/43
70
61,130
4.80%, 02/01/49
130
114,604
4.85%, 08/15/42
88
80,960
4.85%, 03/15/44
125
114,243
4.90%, 05/15/46
110
99,387
4.95%, 10/15/54
50
44,222
5.10%, 02/15/45
95
89,019
5.55%, 02/16/55
140
135,660
5.70%, 02/15/42
75
76,050
5.95%, 02/01/41
75
78,484
6.13%, 10/15/39
60
64,003
6.45%, 09/01/40
45
49,352
7.55%, 04/15/38
41
48,641
Flex Intermediate Holdco LLC, 4.32%, 12/30/39(a)
50
42,351
FLNG Liquefaction 2 LLC, 4.13%, 03/31/38(a)
66
61,661
Galaxy Pipeline Assets Bidco Ltd.
2.94%, 09/30/40(f)
170
140,440
3.25%, 09/30/40(f)
200
157,267
Greensaif Pipelines Bidco SARL
6.13%, 02/23/38(f)
200
205,718
6.51%, 02/23/42(f)
200
211,720
Kinder Morgan Energy Partners LP
4.70%, 11/01/42
55
48,294
5.00%, 08/15/42
65
59,140
5.00%, 03/01/43
70
63,606
5.40%, 09/01/44
55
51,960
5.50%, 03/01/44
60
57,414
5.63%, 09/01/41
30
29,579
6.38%, 03/01/41
70
74,134
6.50%, 02/01/37
25
27,097
6.50%, 09/01/39
70
75,569
6.55%, 09/15/40
40
42,962
6.95%, 01/15/38
95
106,758
7.50%, 11/15/40
25
29,232
Kinder Morgan, Inc.
3.25%, 08/01/50
35
23,235
3.60%, 02/15/51
105
74,026
5.05%, 02/15/46
85
76,811
5.20%, 03/01/48
80
73,111
5.45%, 08/01/52
60
56,330
5.55%, 06/01/45
175
168,904
5.95%, 08/01/54
75
75,304
MPLX LP
4.50%, 04/15/38
165
149,953
4.70%, 04/15/48
170
141,530
4.90%, 04/15/58
20
16,354
4.95%, 03/14/52
120
101,661
5.20%, 03/01/47
130
117,046
5.20%, 12/01/47
60
53,498
5.50%, 02/15/49
167
153,531
5.65%, 03/01/53
60
55,831
5.95%, 04/01/55
80
77,636
6.10%, 04/01/56
45
44,662
6.20%, 09/15/55
85
85,313
NGPL PipeCo LLC, 7.77%, 12/15/37(a)
53
61,628
Northern Natural Gas Co.
3.40%, 10/16/51(a)
60
40,366
4.30%, 01/15/49(a)
75
59,509
Security
Par
(000
)
Value
Pipelines (continued)
5.63%, 02/01/54(a)
$60
$57,212
ONEOK Partners LP
6.13%, 02/01/41
55
56,218
6.20%, 09/15/43
40
40,680
6.65%, 10/01/36
55
59,853
6.85%, 10/15/37
60
65,779
ONEOK, Inc.
3.95%, 03/01/50
65
46,977
4.20%, 10/03/47
85
65,463
4.25%, 09/15/46
80
62,576
4.45%, 09/01/49
75
60,602
4.85%, 02/01/49
45
37,749
4.95%, 07/13/47
70
60,165
5.05%, 04/01/45
49
43,037
5.15%, 10/15/43
50
45,226
5.20%, 07/15/48
100
88,797
5.45%, 06/01/47
50
45,775
5.60%, 04/01/44
40
37,601
5.70%, 11/01/54
120
111,890
5.85%, 11/01/64
50
46,929
6.25%, 10/15/55
100
100,389
6.63%, 09/01/53
145
152,333
7.15%, 01/15/51
40
44,078
Plains All American Pipeline LP/PAA Finance Corp.
4.30%, 01/31/43
35
28,958
4.70%, 06/15/44
65
56,310
4.90%, 02/15/45
65
57,630
5.15%, 06/01/42
50
45,940
6.65%, 01/15/37
30
32,592
Rockies Express Pipeline LLC
6.88%, 04/15/40(a)
50
51,113
7.50%, 07/15/38(a)
23
24,462
Sabal Trail Transmission LLC
4.68%, 05/01/38(a)
65
60,832
4.83%, 05/01/48(a)
45
38,643
Sabine Pass Liquefaction LLC, 5.90%, 09/15/37
52
54,151
South Bow USA Infrastructure Holdings LLC, 6.18%,
10/01/54
75
72,227
Southern Natural Gas Co. LLC, 4.80%, 03/15/47(a)
55
47,275
Spectra Energy Partners LP
4.50%, 03/15/45
85
72,201
5.95%, 09/25/43
45
45,305
Targa Resources Corp.
4.95%, 04/15/52
75
64,465
5.40%, 07/30/36
90
90,062
6.05%, 05/15/56
30
29,791
6.13%, 05/15/55
85
85,328
6.25%, 07/01/52
55
55,896
6.50%, 02/15/53
80
84,132
Tennessee Gas Pipeline Co. LLC, 7.63%, 04/01/37
30
35,132
Texas Eastern Transmission LP, 4.15%, 01/15/48(a)
44
34,486
TransCanada PipeLines Ltd.
4.88%, 05/15/48
5
4,437
5.10%, 03/15/49
86
80,457
6.10%, 06/01/40
80
83,737
6.20%, 10/15/37
105
111,570
7.25%, 08/15/38
60
68,833
7.63%, 01/15/39
130
153,829
Transcontinental Gas Pipe Line Co. LLC
3.95%, 05/15/50
65
49,559
4.45%, 08/01/42
30
26,081
29

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Pipelines (continued)
4.60%, 03/15/48
$75
$63,553
5.40%, 08/15/41
50
48,373
5.75%, 03/15/56
40
39,441
Western Midstream Operating LP
5.25%, 02/01/50
90
78,605
5.30%, 03/01/48
66
57,505
5.45%, 04/01/44
60
54,836
5.50%, 08/15/48
40
35,438
Williams Companies, Inc.(The)
3.50%, 10/15/51
75
51,879
4.85%, 03/01/48
85
73,769
4.90%, 01/15/45
50
44,287
5.10%, 09/15/45
65
59,554
5.30%, 08/15/52
85
77,708
5.40%, 03/04/44
60
56,758
5.75%, 06/24/44
75
74,031
5.80%, 11/15/43
55
54,422
5.80%, 11/15/54
65
63,505
5.95%, 03/15/56
75
74,599
6.00%, 03/15/55
25
25,038
6.30%, 04/15/40
110
116,853
 
12,820,500
Private Equity — 0.1%
Apollo Management Holdings LP, 5.00%,
03/15/48(a)(b)
40
34,737
Brookfield Finance, Inc., 5.81%, 03/03/55
45
43,867
Carlyle Finance LLC, 5.65%, 09/15/48(a)
70
66,331
Carlyle Holdings II Finance LLC, 5.63%, 03/30/43(a)
40
38,203
KKR Group Finance Co. III LLC, 5.13%, 06/01/44(a)
80
71,907
KKR Group Finance Co. VII LLC, 3.63%, 02/25/50(a)
65
45,072
KKR Group Finance Co. VIII LLC, 3.50%, 08/25/50(a)
85
57,251
KKR Group Finance Co. X LLC, 3.25%, 12/15/51(a)
75
47,384
 
404,752
Real Estate — 0.1%
China Overseas Finance Cayman V Ltd., 5.35%,
11/15/42(f)
200
189,225
Sinochem Overseas Capital Co. Ltd., 6.30%,
11/12/40(a)
100
112,058
 
301,283
Real Estate Investment Trusts — 0.5%
Alexandria Real Estate Equities, Inc.
3.55%, 03/15/52
45
30,897
4.00%, 02/01/50
30
22,239
4.85%, 04/15/49
45
38,186
5.15%, 04/15/53
30
26,374
5.63%, 05/15/54(b)
60
56,418
American Homes 4 Rent LP
3.38%, 07/15/51
35
23,307
4.30%, 04/15/52
35
27,198
American Tower Corp.
2.95%, 01/15/51
60
37,696
3.10%, 06/15/50
55
35,828
3.70%, 10/15/49
30
21,943
AvalonBay Communities, Inc.
3.90%, 10/15/46
35
27,401
4.15%, 07/01/47
30
24,199
4.35%, 04/15/48
35
28,989
Camden Property Trust, 3.35%, 11/01/49
45
31,158
CFE Fibra E, 5.88%, 09/23/40(f)
197
192,608
Security
Par
(000
)
Value
Real Estate Investment Trusts (continued)
Crown Castle, Inc.
2.90%, 04/01/41
$100
$73,001
3.25%, 01/15/51
86
56,565
4.00%, 11/15/49
35
26,080
4.15%, 07/01/50
30
23,206
4.75%, 05/15/47
21
17,739
5.20%, 02/15/49
31
27,832
Equinix, Inc.
2.95%, 09/15/51
35
21,984
3.00%, 07/15/50
45
28,780
3.40%, 02/15/52
35
23,735
ERP Operating LP
4.00%, 08/01/47
20
15,930
4.50%, 07/01/44
75
65,799
4.50%, 06/01/45
40
34,405
Essex Portfolio LP
2.65%, 09/01/50
40
23,429
4.50%, 03/15/48
35
28,715
Federal Realty OP LP, 4.50%, 12/01/44
65
55,877
GLP Capital LP/GLP Financing II, Inc.
5.75%, 11/01/37
50
49,257
6.25%, 09/15/54
45
44,713
Goodman U.S. Finance Eight LLC, 5.88%,
04/28/46(a)
35
34,477
Goodman U.S. Finance Four LLC, 4.50%, 10/15/37(a)
55
50,174
Healthpeak OP LLC, 6.75%, 02/01/41
40
43,619
Kimco Realty OP LLC
3.70%, 10/01/49
10
7,360
4.13%, 12/01/46
65
52,589
4.25%, 04/01/45
20
16,693
4.45%, 09/01/47
65
54,380
Mid-America Apartments LP, 2.88%, 09/15/51
35
21,976
NNN REIT, Inc.
3.00%, 04/15/52
45
28,042
3.10%, 04/15/50
20
12,845
3.50%, 04/15/51
45
31,442
4.80%, 10/15/48
30
26,058
Prologis LP
2.13%, 10/15/50
55
29,414
3.00%, 04/15/50
70
45,990
3.05%, 03/01/50
30
19,932
4.38%, 09/15/48
30
24,791
5.25%, 06/15/53
85
80,383
5.25%, 03/15/54
75
70,739
Public Storage Operating Co., 5.35%, 08/01/53
100
95,589
Realty Income Corp.
4.65%, 03/15/47
75
65,175
5.38%, 09/01/54
30
28,916
Regency Centers LP
4.40%, 02/01/47
45
37,792
4.65%, 03/15/49
40
34,288
Simon Property Group LP
3.25%, 09/13/49
95
65,255
3.80%, 07/15/50
75
56,061
4.25%, 10/01/44
45
37,439
4.25%, 11/30/46
55
45,235
4.75%, 03/15/42
50
45,415
5.85%, 03/08/53
69
69,721
6.65%, 01/15/54
30
33,568
6.75%, 02/01/40
71
80,011
30

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Real Estate Investment Trusts (continued)
Ventas Realty LP
4.38%, 02/01/45
$25
$20,976
4.88%, 04/15/49
30
26,066
5.70%, 09/30/43
30
29,771
VICI Properties LP
5.63%, 05/15/52
65
59,690
6.13%, 04/01/54(b)
50
49,085
WEA Finance LLC, 4.63%, 09/20/48(a)
60
48,347
WEA Finance LLC/Westfield U.K. & Europe Finance
PLC, 4.75%, 09/17/44(a)
10
8,424
Welltower OP LLC
4.95%, 09/01/48
55
50,467
6.50%, 03/15/41
45
49,729
Weyerhaeuser Co., 4.00%, 03/09/52
35
26,207
 
2,955,619
Retail — 1.2%
7-Eleven, Inc.
2.50%, 02/10/41(a)
70
47,378
2.80%, 02/10/51(a)
125
73,349
Alimentation Couche-Tard, Inc.
3.44%, 05/13/41(a)
80
63,026
3.63%, 05/13/51(a)
50
35,303
3.80%, 01/25/50(a)
30
22,063
4.50%, 07/26/47(a)
65
53,782
5.62%, 02/12/54(a)
35
33,651
Bath & Body Works, Inc.
6.75%, 07/01/36
65
64,051
7.60%, 07/15/37
20
19,694
CK Hutchison International 20 Ltd., 3.38%,
05/08/50(a)
200
144,038
CK Hutchison International 21 Ltd., 3.13%,
04/15/41(a)
105
80,187
Darden Restaurants, Inc., 4.55%, 02/15/48
40
32,736
Dick's Sporting Goods, Inc., 4.10%, 01/15/52
80
57,672
Dollar General Corp.
4.13%, 04/03/50
50
38,415
5.50%, 11/01/52
35
32,872
Dollar Tree, Inc., 3.38%, 12/01/51
50
33,180
El Puerto de Liverpool SAB de CV, 6.66%, 01/22/37(f)
200
206,781
Home Depot, Inc.(The)
2.38%, 03/15/51
105
59,209
2.75%, 09/15/51
90
54,661
3.13%, 12/15/49
130
86,781
3.30%, 04/15/40
115
92,356
3.35%, 04/15/50
165
114,820
3.50%, 09/15/56
60
41,160
3.63%, 04/15/52
170
122,198
3.90%, 06/15/47
132
102,939
4.20%, 04/01/43
120
102,061
4.25%, 04/01/46
170
141,606
4.40%, 03/15/45
110
93,856
4.50%, 12/06/48
150
127,270
4.88%, 02/15/44
70
64,046
4.95%, 09/15/52
65
58,346
5.30%, 06/25/54
120
113,042
5.40%, 09/15/40
46
46,423
5.40%, 06/25/64
30
28,300
5.88%, 12/16/36
269
285,987
5.95%, 04/01/41
92
97,473
Kohl's Corp., 5.55%, 07/17/45
40
25,482
Security
Par
(000
)
Value
Retail (continued)
Lowe's Companies, Inc.
2.80%, 09/15/41
$118
$84,122
3.00%, 10/15/50
190
119,396
3.50%, 04/01/51
25
17,259
3.70%, 04/15/46
143
107,080
4.05%, 05/03/47
90
70,181
4.25%, 04/01/52
155
121,088
4.38%, 09/15/45
53
43,924
4.45%, 04/01/62
80
61,972
4.55%, 04/05/49
65
53,757
4.65%, 04/15/42
60
53,601
5.00%, 04/15/40
35
33,277
5.13%, 04/15/50
60
53,692
5.63%, 04/15/53
130
124,747
5.75%, 07/01/53
55
53,664
5.80%, 09/15/62
90
87,455
5.85%, 04/01/63
40
38,979
Macy's Retail Holdings LLC
4.30%, 02/15/43
25
16,966
5.13%, 01/15/42
25
19,397
6.38%, 03/15/37
20
18,362
McDonald's Corp.
3.63%, 05/01/43
30
23,400
3.63%, 09/01/49
145
105,239
3.70%, 02/15/42
50
40,249
4.20%, 04/01/50
70
55,834
4.45%, 03/01/47
100
84,201
4.45%, 09/01/48
80
66,906
4.60%, 05/26/45
55
47,736
4.88%, 07/15/40
25
23,568
4.88%, 12/09/45
165
148,565
5.15%, 09/09/52(b)
70
63,997
5.45%, 08/14/53
80
76,295
5.70%, 02/01/39
30
31,114
6.30%, 10/15/37
85
92,679
6.30%, 03/01/38
70
76,265
Nordstrom, Inc., 5.00%, 01/15/44
90
63,575
Starbucks Corp.
3.35%, 03/12/50
60
40,902
3.50%, 11/15/50
115
80,293
3.75%, 12/01/47
65
48,365
4.30%, 06/15/45
50
41,199
4.45%, 08/15/49
70
57,577
4.50%, 11/15/48
24
19,961
Target Corp.
2.95%, 01/15/52
85
54,059
3.63%, 04/15/46
60
45,267
3.90%, 11/15/47
50
38,859
4.00%, 07/01/42
60
50,238
4.80%, 01/15/53(b)
115
101,590
7.00%, 01/15/38
100
115,614
TJX Companies, Inc. (The), 4.50%, 04/15/50
50
42,717
Walmart, Inc.
2.50%, 09/22/41
135
97,109
2.65%, 09/22/51
105
65,200
2.95%, 09/24/49
75
50,364
3.63%, 12/15/47
20
15,540
3.95%, 06/28/38
25
23,088
4.00%, 04/11/43
50
42,545
4.05%, 06/29/48
170
139,591
4.30%, 04/22/44
60
53,480
31

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Retail (continued)
4.50%, 09/09/52
$80
$69,395
4.50%, 04/15/53(b)
110
96,024
5.00%, 10/25/40
60
60,004
5.63%, 04/01/40
80
84,320
5.63%, 04/15/41
80
84,432
6.20%, 04/15/38
80
89,161
6.50%, 08/15/37
40
45,737
Yum! Brands, Inc.
5.35%, 11/01/43
30
28,540
6.88%, 11/15/37
30
32,960
 
6,888,867
Semiconductors — 1.0%
Advanced Micro Devices, Inc., 4.39%, 06/01/52
40
33,463
Analog Devices, Inc.
2.80%, 10/01/41
55
40,029
2.95%, 10/01/51
95
61,460
5.30%, 12/15/45
30
29,013
5.30%, 04/01/54
40
38,338
Applied Materials, Inc.
2.75%, 06/01/50
60
38,195
4.35%, 04/01/47
82
69,920
5.85%, 06/15/41
50
52,625
Broadcom, Inc.
3.19%, 11/15/36(a)
285
238,523
3.50%, 02/15/41
310
248,097
3.75%, 02/15/51
190
142,310
4.90%, 02/15/38
180
173,810
4.93%, 05/15/37(a)
240
233,073
5.70%, 01/15/56
40
39,881
Foundry JV Holdco LLC
6.20%, 01/25/37(a)
200
210,821
6.30%, 01/25/39(a)
200
211,490
Intel Corp.
2.80%, 08/12/41
85
59,716
3.05%, 08/12/51
140
87,782
3.10%, 02/15/60
105
60,469
3.20%, 08/12/61
75
43,918
3.25%, 11/15/49
190
124,503
3.73%, 12/08/47
195
141,343
4.10%, 05/19/46
131
101,949
4.10%, 05/11/47
105
80,932
4.25%, 12/15/42
70
57,984
4.60%, 03/25/40
80
72,162
4.75%, 03/25/50
220
182,655
4.80%, 10/01/41
95
85,086
4.90%, 07/29/45
60
52,386
4.90%, 08/05/52
145
122,577
4.95%, 03/25/60
110
91,724
5.05%, 08/05/62
60
50,295
5.60%, 02/21/54
70
65,870
5.63%, 02/10/43
50
48,595
5.70%, 02/10/53
190
180,149
5.90%, 02/10/63
120
115,504
6.13%, 05/15/56
160
161,032
6.20%, 05/15/66
125
125,628
KLA Corp.
3.30%, 03/01/50
70
48,330
4.95%, 07/15/52
130
117,763
5.00%, 03/15/49
40
36,683
5.25%, 07/15/62
60
55,370
Security
Par
(000
)
Value
Semiconductors (continued)
Lam Research Corp.
2.88%, 06/15/50
$60
$38,393
3.13%, 06/15/60
20
12,341
4.88%, 03/15/49
55
49,970
Micron Technology, Inc.
3.37%, 11/01/41
35
27,328
3.48%, 11/01/51
40
28,515
NVIDIA Corp.
3.50%, 04/01/40
106
88,706
3.50%, 04/01/50(b)
165
122,965
3.70%, 04/01/60
25
18,381
NXP BV/NXP Funding LLC/NXP USA, Inc.
3.13%, 02/15/42
45
32,663
3.25%, 05/11/41
85
64,540
3.25%, 11/30/51
40
26,474
QUALCOMM, Inc.
3.25%, 05/20/50
85
57,969
4.30%, 05/20/47
82
67,982
4.50%, 05/20/52
115
96,056
4.80%, 05/20/45
160
144,186
6.00%, 05/20/53
120
124,269
Texas Instruments, Inc.
2.70%, 09/15/51
60
36,722
3.88%, 03/15/39
65
57,316
4.10%, 08/16/52
20
15,918
4.15%, 05/15/48
130
107,707
5.00%, 03/14/53
65
59,566
5.05%, 05/18/63
135
121,156
5.15%, 02/08/54
75
70,671
TSMC Arizona Corp., 3.25%, 10/25/51
215
161,944
 
5,863,191
Software — 1.4%
Fidelity National Information Services, Inc.
3.10%, 03/01/41
45
32,761
4.50%, 08/15/46
10
8,110
Fiserv, Inc., 4.40%, 07/01/49
170
130,377
Intuit, Inc., 5.50%, 09/15/53
105
94,783
Microsoft Corp.
2.50%, 09/15/50
160
95,243
2.53%, 06/01/50
584
351,692
2.68%, 06/01/60
299
167,622
2.92%, 03/17/52
570
366,849
3.04%, 03/17/62
182
111,585
3.45%, 08/08/36
175
157,213
3.50%, 11/15/42
85
68,633
3.70%, 08/08/46
125
98,978
3.75%, 02/12/45
65
52,629
3.95%, 08/08/56
65
49,719
4.00%, 02/12/55
45
34,984
4.10%, 02/06/37
100
94,950
4.25%, 02/06/47
130
111,238
4.45%, 11/03/45
140
125,156
4.50%, 10/01/40
75
71,640
4.50%, 06/15/47
70
61,538
4.50%, 02/06/57
40
34,153
5.20%, 06/01/39
20
20,721
5.30%, 02/08/41
45
46,215
Oracle Corp.
3.60%, 04/01/40
310
229,389
3.60%, 04/01/50
445
276,911
3.65%, 03/25/41
225
164,307
32

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Software (continued)
3.80%, 11/15/37
$170
$137,902
3.85%, 07/15/36
130
108,995
3.85%, 04/01/60
325
196,034
3.95%, 03/25/51
300
196,803
4.00%, 07/15/46
310
215,191
4.00%, 11/15/47
190
129,692
4.10%, 03/25/61
140
88,744
4.13%, 05/15/45
155
110,085
4.38%, 05/15/55
135
92,487
4.50%, 07/08/44
120
91,344
5.38%, 07/15/40
180
162,116
5.38%, 09/27/54
150
120,213
5.50%, 09/27/64
110
86,795
5.55%, 02/06/53
220
181,853
5.88%, 09/26/45
175
156,259
5.95%, 09/26/55
255
222,974
6.00%, 08/03/55
155
135,410
6.10%, 09/26/65
135
116,171
6.13%, 07/08/39
130
127,923
6.13%, 08/03/65
95
82,185
6.50%, 04/15/38
121
124,004
6.55%, 02/04/46
290
279,246
6.70%, 02/04/56
400
385,227
6.85%, 02/04/66
260
249,677
6.90%, 11/09/52
240
236,055
Salesforce, Inc.
2.70%, 07/15/41
140
96,515
2.90%, 07/15/51
175
103,444
3.05%, 07/15/61
110
62,864
6.40%, 03/15/46
125
127,253
6.55%, 03/15/56
310
316,265
6.70%, 03/15/66
105
108,891
ServiceNow, Inc., Series ., 6.30%, 05/15/56
50
51,565
Synopsys, Inc., 5.70%, 04/01/55
175
170,652
 
8,128,230
Telecommunications — 2.5%
America Movil SAB de CV
4.38%, 07/16/42
50
43,350
4.38%, 04/22/49
50
41,262
6.13%, 11/15/37
120
126,022
6.13%, 03/30/40
154
161,104
AT&T, Inc.
3.10%, 02/01/43
40
28,849
3.30%, 02/01/52
65
41,414
3.50%, 06/01/41
215
166,925
3.50%, 09/15/53
710
469,468
3.50%, 02/01/61
45
27,982
3.55%, 09/15/55
720
469,775
3.65%, 06/01/51
305
210,238
3.65%, 09/15/59
596
388,863
3.80%, 12/01/57
560
380,356
3.85%, 06/01/60
125
84,590
4.30%, 12/15/42
170
141,602
4.35%, 06/15/45
105
85,231
4.50%, 03/09/48
160
129,407
4.55%, 03/09/49
125
100,923
4.65%, 06/01/44
80
68,081
4.75%, 05/15/46
190
161,490
4.80%, 06/15/44
60
51,932
4.85%, 03/01/39
70
65,301
4.90%, 08/15/37
95
91,294
Security
Par
(000
)
Value
Telecommunications (continued)
5.15%, 03/15/42
$70
$64,475
5.15%, 11/15/46
60
53,847
5.15%, 02/15/50
60
52,796
5.25%, 10/30/36
100
98,961
5.25%, 03/01/37
90
89,269
5.35%, 09/01/40
20
19,454
5.45%, 03/01/47
80
74,272
5.55%, 08/15/41
60
58,442
5.55%, 11/01/45
100
94,849
5.65%, 02/15/47
80
76,996
5.70%, 11/01/54
140
132,159
5.70%, 03/01/57
55
52,215
5.85%, 04/30/46
165
161,100
6.00%, 08/15/40
35
35,808
6.00%, 04/30/56
150
147,250
6.05%, 08/15/56
75
74,059
6.30%, 10/30/66
95
95,365
6.38%, 03/01/41
45
47,615
Bell Telephone Co. of Canada or Bell Canada
3.65%, 08/15/52
32
22,291
4.30%, 07/29/49
35
27,738
4.46%, 04/01/48
90
75,133
5.55%, 02/15/54(b)
65
61,677
Series US-4, 3.65%, 03/17/51
40
28,145
Series US-6, 3.20%, 02/15/52
5
3,223
Cisco Systems, Inc.
5.30%, 02/26/54
180
171,118
5.35%, 02/26/64
75
70,508
5.50%, 01/15/40
180
184,190
5.50%, 02/24/55
60
58,713
5.90%, 02/15/39
185
196,850
Corning, Inc.
3.90%, 11/15/49
20
15,215
4.38%, 11/15/57
55
44,103
4.70%, 03/15/37
30
28,838
4.75%, 03/15/42
50
45,567
5.35%, 11/15/48
50
47,444
5.45%, 11/15/79
95
87,548
5.75%, 08/15/40
35
35,758
5.85%, 11/15/68
35
34,246
Deutsche Telekom AG, 3.63%, 01/21/50(a)
150
108,151
Deutsche Telekom International Finance BV, 4.75%,
06/21/38(a)
5
4,748
Embarq LLC, 8.00%, 06/01/36
107
28,856
Fibercop SpA
Series 2036, 7.20%, 07/18/36(a)
43
43,131
Series 2038, 7.72%, 06/04/38(a)
50
50,436
HUT8 DC LLC, 6.19%, 11/15/42(a)
220
222,338
Juniper Networks, Inc., 5.95%, 03/15/41
31
31,061
Level 3 Financing, Inc., 7.50%, 02/15/37(a)
70
72,379
Lumen Technologies, Inc.
Series P, 7.60%, 09/15/39
33
31,673
Series U, 7.65%, 03/15/42
30
28,566
Motorola Solutions, Inc., 5.50%, 09/01/44
26
25,141
Nokia OYJ, 6.63%, 05/15/39
50
53,096
Orange SA
5.38%, 01/13/42
15
14,555
5.50%, 02/06/44
100
97,859
Rogers Communications, Inc.
3.70%, 11/15/49
60
43,365
4.30%, 02/15/48
45
35,402
33

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Telecommunications (continued)
4.35%, 05/01/49
$55
$43,494
4.50%, 03/15/42
55
46,919
4.50%, 03/15/43(b)
25
20,849
4.55%, 03/15/52
195
154,956
5.00%, 03/15/44
75
66,610
5.45%, 10/01/43
40
37,408
7.50%, 08/15/38
45
51,297
SES AMERICOM, Inc., 5.30%, 03/25/44(a)
54
41,997
Telecom Italia Capital SA
7.20%, 07/18/36
50
54,397
7.72%, 06/04/38
50
56,708
Telefonica Emisiones SA
4.90%, 03/06/48
150
127,244
5.21%, 03/08/47
155
137,725
5.52%, 03/01/49
150
137,767
7.05%, 06/20/36
195
216,240
TELUS Corp., Series ..., 6.63%, 06/09/56, (5-year
CMT + 2.52%)(c)
65
64,681
T-Mobile USA, Inc.
3.00%, 02/15/41
190
141,273
3.30%, 02/15/51
320
211,681
3.40%, 10/15/52
290
192,662
3.60%, 11/15/60
120
78,979
4.38%, 04/15/40
185
164,116
4.50%, 04/15/50
300
244,562
5.25%, 06/15/55
105
94,400
5.50%, 01/15/55
95
88,479
5.65%, 01/15/53
105
100,078
5.70%, 01/15/56
85
81,574
5.75%, 01/15/54
145
140,120
5.80%, 09/15/62
50
48,588
5.85%, 02/15/56
175
171,411
5.88%, 11/15/55
50
49,166
6.00%, 06/15/54
110
109,831
Verizon Communications, Inc.
2.65%, 11/20/40
325
231,154
2.85%, 09/03/41
155
110,758
2.88%, 11/20/50
295
182,375
2.99%, 10/30/56
313
185,668
3.00%, 11/20/60
165
96,038
3.40%, 03/22/41
385
299,660
3.55%, 03/22/51
460
323,536
3.70%, 03/22/61
310
209,610
3.85%, 11/01/42
100
80,638
3.88%, 03/01/52
125
92,584
4.00%, 03/22/50
155
118,821
4.13%, 08/15/46
100
80,393
4.52%, 09/15/48
155
128,805
4.67%, 03/15/55
80
65,924
4.75%, 11/01/41
42
37,924
4.81%, 03/15/39
155
145,283
4.86%, 08/21/46
190
167,441
5.01%, 04/15/49
60
52,933
5.01%, 08/21/54
75
65,451
5.25%, 03/16/37
85
84,444
5.40%, 07/02/37
50
50,173
5.50%, 03/16/47
75
71,890
5.50%, 02/23/54(b)
115
109,739
5.75%, 11/30/45
175
172,301
5.88%, 11/30/55
265
260,560
6.00%, 11/30/65
130
128,099
Security
Par
(000
)
Value
Telecommunications (continued)
6.55%, 09/15/43
$50
$54,105
Vodafone Group PLC
4.25%, 09/17/50
142
110,157
4.88%, 06/19/49
165
141,342
5.00%, 05/30/38
30
29,367
5.13%, 06/04/81, (5-year CMT + 3.07%)(c)
90
70,554
5.25%, 05/30/48
115
104,424
5.63%, 02/10/53
90
85,046
5.75%, 06/28/54
215
205,368
5.75%, 02/10/63
15
14,062
5.88%, 06/28/64
55
52,806
6.15%, 02/27/37
98
105,298
 
14,793,396
Toys, Games & Hobbies — 0.0%
Hasbro, Inc., 6.35%, 03/15/40
40
41,803
Mattel, Inc., 5.45%, 11/01/41
30
27,539
 
69,342
Transportation — 1.4%
Burlington Northern Santa Fe LLC
2.88%, 06/15/52
50
31,080
3.05%, 02/15/51
65
42,291
3.30%, 09/15/51
80
54,457
3.55%, 02/15/50
100
72,461
3.90%, 08/01/46
85
66,973
4.05%, 06/15/48
85
67,612
4.13%, 06/15/47
50
40,618
4.15%, 04/01/45
120
99,382
4.15%, 12/15/48
70
56,603
4.38%, 09/01/42
75
65,918
4.40%, 03/15/42
85
75,398
4.45%, 03/15/43
50
44,173
4.45%, 01/15/53
115
95,288
4.55%, 09/01/44
90
79,169
4.70%, 09/01/45
80
71,374
4.90%, 04/01/44
65
60,228
4.95%, 09/15/41
55
52,667
5.05%, 03/01/41
25
24,400
5.15%, 09/01/43
85
81,369
5.20%, 04/15/54
160
148,323
5.40%, 06/01/41
60
60,355
5.50%, 03/15/55
130
126,069
5.55%, 03/15/56
85
82,865
5.75%, 05/01/40
80
83,527
5.80%, 03/15/56
40
40,390
6.15%, 05/01/37
65
71,059
6.20%, 08/15/36
25
27,340
Canadian National Railway Co.
2.45%, 05/01/50
40
23,499
3.20%, 08/02/46
55
39,047
3.65%, 02/03/48
40
30,099
4.40%, 08/05/52
60
50,210
4.45%, 01/20/49
45
38,150
6.13%, 11/01/53
25
26,408
6.20%, 06/01/36
65
70,576
6.38%, 11/15/37
47
51,976
Canadian Pacific Railway Co.
3.00%, 12/02/41
60
44,353
3.10%, 12/02/51
185
120,762
3.50%, 05/01/50
75
53,372
4.20%, 11/15/69
20
14,895
34

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Transportation (continued)
4.30%, 05/15/43
$50
$43,009
4.70%, 05/01/48
60
52,405
4.80%, 08/01/45
70
62,953
4.95%, 08/15/45
65
59,499
5.50%, 03/15/56
65
62,838
5.95%, 05/15/37
40
42,447
6.13%, 09/15/2115
63
65,148
CSX Corp.
2.50%, 05/15/51
45
26,333
3.35%, 09/15/49
75
52,481
3.80%, 11/01/46
77
59,615
3.80%, 04/15/50
65
49,240
3.95%, 05/01/50
61
47,111
4.10%, 03/15/44
108
89,695
4.25%, 11/01/66
35
26,645
4.30%, 03/01/48
100
82,435
4.40%, 03/01/43
61
53,431
4.50%, 03/15/49
25
21,010
4.50%, 11/15/52(b)
110
92,733
4.50%, 08/01/54
55
45,830
4.65%, 03/01/68
35
28,740
4.75%, 05/30/42
80
73,548
4.75%, 11/15/48
30
26,593
4.90%, 03/15/55
30
26,731
5.50%, 04/15/41
45
45,321
6.00%, 10/01/36
50
53,569
6.15%, 05/01/37
50
54,017
6.22%, 04/30/40
70
75,792
Empresa de Transporte de Pasajeros Metro SA,
5.00%, 01/25/47(f)
200
181,026
FedEx Corp.
3.88%, 08/01/42
100
79,744
4.05%, 02/15/48
5
3,891
4.10%, 04/15/43
25
20,416
4.10%, 02/01/45
100
80,093
4.55%, 04/01/46
30
25,259
4.75%, 11/15/45
70
60,188
4.95%, 10/17/48
100
88,120
5.10%, 01/15/44
10
9,176
5.25%, 05/15/50
25
23,092
Indian Railway Finance Corp. Ltd., 3.95%, 02/13/50(f)
200
154,517
MTR Corp. Ltd., 5.25%, 04/01/55(f)
200
200,485
Norfolk Southern Corp.
2.90%, 08/25/51
60
37,340
3.05%, 05/15/50
95
61,750
3.16%, 05/15/55
80
51,057
3.40%, 11/01/49
45
31,307
3.70%, 03/15/53
60
42,936
3.94%, 11/01/47
79
61,454
3.95%, 10/01/42
55
45,165
4.05%, 08/15/52
85
65,401
4.10%, 05/15/49
45
35,244
4.10%, 05/15/2121
35
24,154
4.15%, 02/28/48
60
48,335
4.45%, 06/15/45
70
60,136
4.55%, 06/01/53
85
70,781
4.65%, 01/15/46
55
48,218
4.84%, 10/01/41
75
69,751
5.10%, 08/01/2118
20
17,200
5.35%, 08/01/54
70
65,808
5.95%, 03/15/64
45
45,611
Security
Par
(000
)
Value
Transportation (continued)
Polar Tankers, Inc., 5.95%, 05/10/37(a)
$24
$25,574
Union Pacific Corp.
2.95%, 03/10/52
120
76,076
2.97%, 09/16/62
50
29,229
3.20%, 05/20/41
95
73,817
3.25%, 02/05/50
125
85,933
3.35%, 08/15/46
5
3,593
3.38%, 02/14/42
35
27,330
3.50%, 02/14/53
115
80,917
3.55%, 08/15/39
65
54,828
3.55%, 05/20/61
35
23,579
3.60%, 09/15/37
76
66,795
3.75%, 02/05/70
75
50,823
3.80%, 10/01/51
130
97,500
3.80%, 04/06/71
70
48,157
3.84%, 03/20/60
180
129,769
3.85%, 02/14/72
50
34,745
3.88%, 02/01/55
80
59,479
3.95%, 08/15/59
40
29,424
4.00%, 04/15/47
75
59,338
4.05%, 11/15/45
85
68,702
4.05%, 03/01/46
90
72,644
4.10%, 09/15/67
55
40,493
4.30%, 03/01/49
85
69,850
4.50%, 09/10/48
35
29,531
4.95%, 09/09/52
15
13,652
5.15%, 01/20/63
45
41,208
5.60%, 12/01/54
125
123,810
United Parcel Service, Inc.
3.40%, 11/15/46
25
17,943
3.63%, 10/01/42
45
35,639
3.75%, 11/15/47
122
92,481
4.25%, 03/15/49
75
60,598
4.88%, 11/15/40
65
61,703
5.05%, 03/03/53
115
103,523
5.20%, 04/01/40
60
59,369
5.30%, 04/01/50
130
122,926
5.50%, 05/22/54
115
110,773
5.60%, 05/22/64
30
28,750
5.95%, 05/14/55
120
122,774
6.05%, 05/14/65
85
86,851
6.20%, 01/15/38
150
162,889
 
8,194,575
Trucking & Leasing — 0.0%
GATX Corp.
3.10%, 06/01/51
60
38,153
5.20%, 03/15/44
55
50,743
6.05%, 06/05/54
85
85,858
 
174,754
Water — 0.1%
American Water Capital Corp.
3.25%, 06/01/51
55
36,870
3.45%, 05/01/50
35
24,550
3.75%, 09/01/47
50
37,972
4.00%, 12/01/46
35
27,498
4.15%, 06/01/49
55
43,444
4.20%, 09/01/48
80
64,215
4.30%, 12/01/42
55
47,738
4.30%, 09/01/45
40
33,285
5.45%, 03/01/54
75
71,454
35

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Water (continued)
5.70%, 09/01/55
$90
$88,810
6.59%, 10/15/37
50
56,065
Essential Utilities, Inc.
3.35%, 04/15/50
80
53,880
4.28%, 05/01/49
45
35,856
5.30%, 05/01/52
50
45,660
 
667,297
Total Corporate Bonds & Notes — 43.9%
(Cost: $288,694,798)
259,480,350
Foreign Government Obligations(i)
Angola — 0.1%
Angolan Government International Bonds
9.13%, 11/26/49(f)
200
191,308
9.38%, 05/08/48(f)
200
195,695
 
387,003
Argentina — 0.5%
Argentina Bonar Bonds
3.50%, 07/09/41(e)
59
41,037
5.00%, 01/09/38(e)
315
239,361
Argentine Republic Government International Bonds
3.50%, 07/09/41(e)
1,274
912,506
4.38%, 07/09/46(e)
213
155,879
5.00%, 01/09/38(e)
1,500
1,205,831
Provincia de Buenos Aires/Government Bonds
5.88%, 09/01/37(e)(f)
80
57,617
6.63%, 09/01/37(e)(f)
489
392,386
 
3,004,617
Bahrain — 0.1%
Bahrain Government International Bonds
6.00%, 09/19/44(f)
200
169,515
6.63%, 10/06/37(f)
200
192,631
7.50%, 09/20/47(f)
200
197,509
 
559,655
Benin — 0.0%
Benin Government International Bonds, 7.96%,
02/13/38(f)
200
210,905
Bermuda — 0.0%
Bermuda Government International Bonds, 3.38%,
08/20/50(f)
10
6,812
Brazil — 0.2%
Brazilian Government International Bonds
4.75%, 01/14/50
400
296,899
5.00%, 01/27/45(b)
200
160,033
5.63%, 01/07/41
200
184,660
5.63%, 02/21/47
200
170,340
7.13%, 01/20/37(b)
200
217,178
7.13%, 05/13/54
200
200,358
7.25%, 01/12/56
200
200,282
 
1,429,750
Bulgaria — 0.0%
Bulgaria Government International Bonds, 5.00%,
03/05/37(f)
100
97,726
Canada — 0.0%
OMERS Finance Trust, 4.00%, 04/19/52(a)
55
42,982
Security
Par
(000
)
Value
Chile — 0.2%
Chile Government International Bonds
3.10%, 05/07/41
$200
$152,715
3.10%, 01/22/61
400
248,515
3.50%, 01/25/50
200
144,586
3.50%, 04/15/53
200
141,248
3.63%, 10/30/42
150
120,723
3.86%, 06/21/47
200
157,189
4.00%, 01/31/52
200
156,610
4.34%, 03/07/42
200
176,678
 
1,298,264
China — 0.0%
China Government International Bonds, 2.75%,
12/03/39(f)
200
172,508
Colombia — 0.2%
Colombia Government International Bonds
5.00%, 06/15/45
200
150,708
5.20%, 05/15/49
200
150,274
5.63%, 02/26/44
200
163,173
6.13%, 01/18/41(b)
200
178,906
7.38%, 09/18/37
250
254,812
8.38%, 11/07/54
200
215,655
 
1,113,528
Costa Rica — 0.1%
Costa Rica Government International Bonds
7.16%, 03/12/45(f)
200
219,037
7.30%, 11/13/54(f)
200
223,216
 
442,253
Dominican Republic — 0.2%
Dominican Republic International Bonds
5.30%, 01/21/41(f)
150
133,782
5.88%, 01/30/60(f)
300
262,320
6.15%, 05/17/38(f)
200
197,113
6.40%, 06/05/49(f)
150
144,551
6.50%, 02/15/48(f)
150
147,011
6.85%, 01/27/45(f)
250
252,975
6.95%, 03/15/37(f)
150
157,605
7.45%, 04/30/44(f)
100
107,536
 
1,402,893
Ecuador — 0.1%
Ecuador Government International Bonds
5.00%, 07/31/40(e)(f)
310
260,482
9.25%, 01/29/39(f)
200
205,727
 
466,209
Egypt — 0.2%
Egypt Government International Bonds
7.50%, 02/16/61(f)
200
167,438
7.90%, 02/21/48(f)
200
178,769
8.50%, 01/31/47(f)
200
189,985
8.70%, 03/01/49(f)
200
192,135
8.88%, 05/29/50(f)
200
195,770
 
924,097
El Salvador — 0.1%
El Salvador Government International Bonds
7.12%, 01/20/50(f)
200
182,083
7.63%, 02/01/41(f)
200
200,766
 
382,849
36

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Ghana — 0.0%
Ghana Government International Bonds, 1.50%,
01/03/37(f)
$100
$59,401
Guatemala — 0.1%
Guatemala Government Bonds
6.13%, 06/01/50(f)
200
198,236
6.55%, 02/06/37(f)
200
212,334
 
410,570
Hong Kong — 0.0%
Airport Authority, 3.25%, 01/12/52(a)
200
149,928
Hungary — 0.1%
Hungary Government International Bonds
3.13%, 09/21/51(f)
200
125,213
6.75%, 09/25/52(f)
200
215,602
7.63%, 03/29/41
200
235,406
 
576,221
Indonesia — 0.5%
Indonesia Government International Bonds
3.05%, 03/12/51
200
128,073
3.50%, 02/14/50
200
141,264
3.70%, 10/30/49
200
146,762
4.20%, 10/15/50
200
158,176
4.35%, 01/11/48
200
165,051
5.10%, 02/10/54
200
185,398
5.13%, 01/15/45(f)
200
189,259
5.25%, 01/17/42(f)
200
194,801
5.25%, 01/08/47(f)
200
190,402
5.95%, 01/08/46(f)
200
204,857
6.63%, 02/17/37(f)
200
218,103
6.75%, 01/15/44(f)
200
222,604
7.75%, 01/17/38(f)
200
238,163
Perusahaan Penerbit SBSN Indonesia III
3.55%, 06/09/51(f)
200
138,242
3.80%, 06/23/50(f)
200
146,285
 
2,667,440
Israel — 0.2%
Israel Government International Bonds
3.88%, 07/03/50
200
144,712
4.50%, 01/30/43
200
171,200
5.75%, 03/12/54
200
190,685
5.88%, 01/13/56
200
193,513
State of Israel
3.38%, 01/15/50
200
132,870
3.80%, 05/13/60(f)
600
402,929
 
1,235,909
Italy — 0.1%
Republic of Italy Government International Bonds
3.88%, 05/06/51
240
175,127
4.00%, 10/17/49
260
197,126
 
372,253
Ivory Coast — 0.0%
Ivory Coast Government International Bonds, 8.25%,
01/30/37(f)
200
220,775
Jamaica — 0.1%
Jamaica Government International Bonds
7.88%, 07/28/45
200
237,656
8.00%, 03/15/39
100
118,866
 
356,522
Security
Par
(000
)
Value
Kazakhstan — 0.1%
Kazakhstan Government International Bonds
4.88%, 10/14/44(f)
$200
$182,953
6.50%, 07/21/45(f)
200
218,285
 
401,238
Kenya — 0.0%
Republic of Kenya Government International Bonds,
8.25%, 02/28/48(f)
200
188,733
Lebanon — 0.0%
Lebanon Government International Bonds, 7.25%,
03/23/37(f)(g)(h)
150
39,586
Malaysia — 0.0%
Malaysia Sovereign Sukuk Bhd, 4.24%, 04/22/45(f)
200
178,073
Mexico — 0.7%
Mexico Government International Bonds
3.75%, 04/19/71
200
114,966
3.77%, 05/24/61
400
240,319
4.28%, 08/14/41
300
236,272
4.35%, 01/15/47
200
147,747
4.40%, 02/12/52
200
143,098
4.50%, 01/31/50
200
148,281
4.60%, 01/23/46
200
155,027
4.60%, 02/10/48
200
151,682
4.75%, 03/08/44
370
298,978
5.00%, 04/27/51
200
157,698
5.55%, 01/21/45
300
271,060
5.75%, 10/12/2110
250
204,128
6.05%, 01/11/40
200
195,629
6.13%, 02/09/38
400
393,213
6.34%, 05/04/53
200
187,211
6.40%, 05/07/54
200
187,942
6.63%, 01/29/38
200
204,788
6.75%, 02/09/56
200
195,956
6.88%, 05/13/37
400
419,403
7.38%, 05/13/55
200
211,644
 
4,265,042
Morocco — 0.0%
Morocco Government International Bonds, 4.00%,
12/15/50(f)
200
140,998
Nigeria — 0.1%
Nigeria Government International Bonds
7.63%, 11/28/47(f)
200
198,654
8.25%, 09/28/51(f)
200
205,533
9.13%, 01/13/46(f)
200
223,783
 
627,970
Oman — 0.1%
Oman Government International Bonds
6.50%, 03/08/47(f)
200
213,031
6.75%, 01/17/48(f)
200
218,644
7.00%, 01/25/51(f)
200
226,552
 
658,227
Panama — 0.2%
Panama Government International Bonds
3.87%, 07/23/60
200
136,605
4.30%, 04/29/53
200
153,478
4.50%, 05/15/47
200
164,640
4.50%, 04/16/50
200
160,158
4.50%, 04/01/56
200
155,052
37

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
Panama (continued)
4.50%, 01/19/63
$200
$152,285
6.85%, 03/28/54
200
214,026
8.00%, 03/01/38
200
235,881
 
1,372,125
Paraguay — 0.1%
Paraguay Government International Bonds
5.40%, 03/30/50(f)
200
181,792
6.10%, 08/11/44(f)
200
201,778
 
383,570
Peru — 0.2%
Peruvian Government International Bonds
2.78%, 12/01/60
260
141,777
3.23%, 07/28/2121
130
71,187
3.30%, 03/11/41
100
77,386
3.55%, 03/10/51
200
139,247
3.60%, 01/15/72
125
79,214
5.63%, 11/18/50
200
193,338
5.88%, 08/08/54
200
195,386
6.20%, 06/30/55
100
101,401
6.55%, 03/14/37
150
165,182
 
1,164,118
Philippines — 0.3%
Philippines Government International Bonds
2.65%, 12/10/45
200
126,973
2.95%, 05/05/45
200
134,946
3.20%, 07/06/46
200
138,581
3.70%, 03/01/41
200
161,738
3.70%, 02/02/42
200
159,589
3.95%, 01/20/40
300
254,358
4.20%, 03/29/47
200
160,317
5.50%, 01/17/48
400
382,519
 
1,519,021
Poland — 0.1%
Bank Gospodarstwa Krajowego, 6.25%, 07/09/54(f)
200
201,652
Republic of Poland Government International Bonds
5.50%, 04/04/53
300
278,990
5.50%, 03/18/54
400
370,788
 
851,430
Qatar — 0.3%
Qatar Government International Bonds
4.40%, 04/16/50(f)
400
344,185
4.63%, 06/02/46(f)
200
180,653
4.82%, 03/14/49(f)
600
552,304
5.10%, 04/23/48(f)
500
479,340
6.40%, 01/20/40(a)
100
112,368
 
1,668,850
Romania — 0.1%
Romanian Government International Bonds
4.00%, 02/14/51(f)
300
203,644
5.13%, 06/15/48(f)
140
113,758
5.75%, 07/04/36(f)
100
95,344
6.13%, 01/22/44(f)
100
94,492
7.50%, 02/10/37(f)
130
140,257
7.63%, 01/17/53(f)
150
161,631
 
809,126
Saudi Arabia — 0.5%
Saudi Government International Bonds
3.25%, 11/17/51(f)
200
130,491
3.45%, 02/02/61(f)
200
126,843
Security
Par
(000
)
Value
Saudi Arabia (continued)
3.75%, 01/21/55(f)
$200
$139,319
4.50%, 10/26/46(f)
600
502,204
4.50%, 04/22/60(f)
200
156,897
4.63%, 10/04/47(f)
400
337,776
5.00%, 04/17/49(f)
400
352,589
5.00%, 01/18/53(f)
200
173,980
5.25%, 01/16/50(f)
400
367,794
5.75%, 01/16/54(f)
400
385,937
5.88%, 01/12/56(f)
400
387,960
 
3,061,790
Senegal — 0.0%
Senegal Government International Bonds, 6.75%,
03/13/48(f)
200
101,787
South Africa — 0.2%
Republic of South Africa Government
International Bonds
5.00%, 10/12/46
200
156,209
5.38%, 07/24/44
200
168,678
5.65%, 09/27/47
200
168,474
5.75%, 09/30/49
200
169,128
7.10%, 11/19/36(f)
200
213,865
7.30%, 04/20/52
200
200,243
7.95%, 11/19/54(f)
200
213,340
 
1,289,937
South Korea — 0.1%
Export-Import Bank of Korea, 2.50%, 06/29/41
200
145,679
Korea International Bonds, 3.88%, 09/20/48
200
168,170
 
313,849
Sri Lanka — 0.0%
Sri Lanka Government International Bonds, 3.60%,
02/15/38(e)(f)
188
182,535
Supranational — 0.0%
Inter-American Development Bank
3.20%, 08/07/42
50
40,104
3.88%, 10/28/41
110
97,056
4.38%, 01/24/44
60
55,442
 
192,602
Sweden — 0.0%
Svensk Exportkredit AB, 0.00%, 05/11/37(d)
15
8,643
Turkey — 0.3%
Turkiye Government International Bonds
4.88%, 04/16/43
200
147,161
5.75%, 05/11/47
400
314,863
6.00%, 01/14/41
300
258,949
6.63%, 02/17/45
200
177,534
6.75%, 05/30/40(b)
200
188,399
6.80%, 11/04/36
200
195,061
6.88%, 01/14/38
200
193,476
7.25%, 03/05/38
50
50,861
 
1,526,304
United Arab Emirates — 0.3%
Abu Dhabi Government International Bonds
2.70%, 09/02/70(f)
200
107,526
3.13%, 09/30/49(f)
400
272,268
3.88%, 04/16/50(f)
400
309,190
4.13%, 10/11/47(f)
200
163,573
5.50%, 04/30/54(f)
200
196,961
38

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
United Arab Emirates (continued)
Emirate of Dubai Government International Bonds,
5.25%, 01/30/43(f)
$200
$190,589
Finance Department Government of Sharjah, 4.00%,
07/28/50(f)
200
130,457
UAE International Government Bonds
3.25%, 10/19/61(f)
200
128,831
4.95%, 07/07/52(f)
200
182,815
 
1,682,210
Uruguay — 0.2%
Oriental Republic of Uruguay, 5.25%, 09/10/60
130
119,604
Uruguay Government International Bonds
4.13%, 11/20/45
55
47,312
4.98%, 04/20/55
305
274,894
5.10%, 06/18/50
390
362,593
5.44%, 02/14/37
95
97,629
 
902,032
Zambia — 0.0%
Zambia Government International Bonds, 0.50%,
12/31/53(f)
200
159,153
Total Foreign Government Obligations — 7.0%
(Cost: $43,261,093)
41,680,019
Municipal Debt Obligations
Arizona — 0.0%
Salt River Project Agricultural Improvement & Power
District, RB, BAB, 4.84%, 01/01/41
150
143,421
California — 0.5%
Bay Area Toll Authority, RB, BAB
Series S-1, 7.04%, 04/01/50
37
42,268
Series S-3, 6.91%, 10/01/50(b)
170
189,016
California State University, RB
Class B,2.72%, 11/01/52(b)
200
130,884
5.18%, 11/01/53
100
93,686
City of San Francisco California Public Utilities
Commission Water Revenue RB, BAB, 6.95%,
11/01/50
100
108,998
Foothill-Eastern Transportation Corridor Agency, RB,
Series A, 4.09%, 01/15/49
100
81,078
Los Angeles Community College District California,
GO, BAB, 6.75%, 08/01/49
200
219,180
Los Angeles County Public Works Financing Authority,
RB, BAB, 7.62%, 08/01/40
50
58,315
Regents of the University of California Medical Center
Pooled Revenue, RB
3.71%, 05/15/2120
225
140,081
Series N, 3.26%, 05/15/60
65
40,913
Regents of the University of California Medical Center
Pooled Revenue, RB, BAB, Series F, 6.58%,
05/15/49
150
158,078
San Diego County Regional Transportation
Commission, RB, BAB, 5.91%, 04/01/48
125
124,010
San Diego County Water Authority, RB, BAB,
Series B, Class B,6.14%, 05/01/49
50
50,425
State of California, GO
4.60%, 04/01/38
100
100,759
5.20%, 03/01/43
105
103,084
State of California, GO, BAB
7.30%, 10/01/39
150
171,525
Security
Par
(000
)
Value
California (continued)
7.55%, 04/01/39
$250
$296,627
7.60%, 11/01/40
245
291,994
University of California, RB
Series AQ, 4.77%, 05/15/2115
150
121,262
Series BG, 3.07%, 05/15/51
200
129,466
 
2,651,649
Colorado — 0.0%
Regional Transportation District Sales Tax Revenue,
RB, BAB, Series B, 5.84%, 11/01/50
20
19,951
District of Columbia — 0.0%
District of Columbia Water & Sewer Authority, RB,
4.81%, 10/01/2114
50
41,016
Florida — 0.0%
County of Miami-Dade Aviation Revenue, RB,
Series C, 4.28%, 10/01/41(b)
50
45,510
Georgia — 0.0%
Municipal Electric Authority of Georgia, RB, BAB
Project J, Series 2010-A, 6.64%, 04/01/57
88
94,125
Project M, Series 2010-A, 6.66%, 04/01/57
44
47,283
 
141,408
Illinois — 0.1%
Chicago O'Hare International Airport, RB, Series C,
Class C,4.57%, 01/01/54(b)
100
84,085
Chicago Transit Authority Sales & Transfer Tax
Receipts Revenue, RB, Series B, Class B,6.90%,
12/01/40
222
245,938
Metropolitan Water Reclamation District of Greater
Chicago GOL, BAB, 5.72%, 12/01/38
55
56,157
 
386,180
Louisiana — 0.0%
Louisiana Local Government Environmental Facilities
& Community Development Authority, RB, 5.20%,
12/01/39
210
213,218
Maryland — 0.0%
Maryland Health & Higher Educational Facilities
Authority, RB, Class D,3.05%, 07/01/40(b)
50
38,750
Massachusetts — 0.1%
Commonwealth of Massachusetts Transportation
Fund Revenue, RB, BAB, Series A, 5.73%,
06/01/40
25
25,537
Commonwealth of Massachusetts, GOL, BAB,
Series E, 5.46%, 12/01/39
200
202,749
Massachusetts School Building Authority, RB, BAB,
Series B, 5.72%, 08/15/39
50
51,552
 
279,838
Michigan — 0.0%
Michigan State University, RB, 4.17%, 08/15/2122
100
70,325
University of Michigan, RB, Class B,3.50%, 04/01/52
200
145,878
 
216,203
Missouri — 0.0%
Health & Educational Facilities Authority of the State
of Missouri RB, Series A, 3.23%, 05/15/50
100
69,746
New Jersey — 0.1%
New Jersey Transportation Trust Fund Authority, RB,
BAB, Series B, 6.56%, 12/15/40
100
109,844
39

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
New Jersey (continued)
New Jersey Turnpike Authority, RB, BAB
Series A, 7.10%, 01/01/41
$200
$227,495
Series F, 7.41%, 01/01/40
150
175,246
 
512,585
New York — 0.3%
City of New York, GO
4.61%, 09/01/37
52
49,308
5.37%, 10/01/51
300
286,296
5.80%, 02/01/52
75
75,264
City of New York, GO, BAB, Series C-1, 5.52%,
10/01/37
200
200,497
Empire State Development Corp., RB, BAB, 5.77%,
03/15/39
40
40,839
Metropolitan Transportation Authority Dedicated Tax
Fund, RB, BAB, 7.34%, 11/15/39
130
150,014
New York City Municipal Water Finance Authority,
RB, BAB
5.44%, 06/15/43
250
237,986
6.01%, 06/15/42
200
202,755
New York State Dormitory Authority, RB, BAB,
Series F, 5.63%, 03/15/39
90
90,956
Port Authority of New York & New Jersey, RB
3.29%, 08/01/69
300
187,564
5.07%, 07/15/53
30
27,780
Series 168, 4.93%, 10/01/51
80
72,490
Series 174, 4.46%, 10/01/62
350
287,189
Series 181, 4.96%, 08/01/46
50
47,335
Series 225, 3.18%, 07/15/60
70
44,072
 
2,000,345
Ohio — 0.1%
American Municipal Power, Inc. RB, BAB, 6.45%,
02/15/44(b)
200
206,789
American Municipal Power, Inc., RB, Series B, 8.08%,
02/15/50
50
62,202
Ohio State University (The), RB, Series A, 4.80%,
06/01/2111
75
61,021
 
330,012
Oklahoma — 0.1%
Oklahoma Development Finance Authority, RB
4.62%, 06/01/44
85
81,162
4.71%, 05/01/52(b)
175
160,664
 
241,826
Pennsylvania — 0.0%
Commonwealth Financing Authority, RB, Series A,
4.14%, 06/01/38
150
139,953
Pennsylvania State University (The), RB, 2.79%,
09/01/43
75
57,435
 
197,388
Tennessee — 0.0%
Metropolitan Government of Nashville & Davidson
County Convention Center Authority RB, BAB,
Series B, 6.73%, 07/01/43
40
42,540
Texas — 0.3%
Board of Regents of the University of Texas System,
RB, BAB, Series C, 4.79%, 08/15/46
150
140,420
City of San Antonio Electric & Gas Systems Revenue,
RB, 5.57%, 02/01/50(b)
35
34,928
City of San Antonio Electric & Gas Systems Revenue,
RB, BAB, 5.81%, 02/01/41(b)
50
51,940
Security
Par
(000
)
Value
Texas (continued)
Dallas Area Rapid Transit, RB, Class A,2.61%,
12/01/48
$100
$66,895
Dallas Area Rapid Transit, RB, BAB, Series B, 6.00%,
12/01/44
100
101,760
Dallas County Hospital District, GOL, BAB, Series C,
Class C,5.62%, 08/15/44
30
29,167
Dallas Fort Worth International Airport, RB
Class A,4.51%, 11/01/51
200
171,711
Series C, Class C,2.92%, 11/01/50
100
69,047
Grand Parkway Transportation Corp., RB, 3.24%,
10/01/52
150
103,696
North Texas Tollway Authority, RB, BAB, Series B,
Class B,6.72%, 01/01/49(b)
70
75,646
Permanent University Fund - Texas A&M University
System, RB, Series B, Class B,3.66%, 07/01/47
100
81,430
State of Texas, GO, BAB, 5.52%, 04/01/39
234
234,848
Texas Natural Gas Securitization Finance Corp., RB,
5.17%, 04/01/41
200
200,529
Texas Private Activity Bond Surface Transportation
Corp., RB, Series B, Class B,3.92%, 12/31/49
100
78,489
Texas Transportation Commission, GO, 2.47%,
10/01/44
50
35,029
 
1,475,535
Virginia — 0.0%
University of Virginia, RB
2.26%, 09/01/50
270
154,448
Series C, 4.18%, 09/01/2117
45
32,076
 
186,524
Total Municipal Debt Obligations — 1.6%
(Cost: $10,668,975)
9,233,645
U.S. Government & Agency Obligations
Mortgage-Backed Securities — 0.0%
Federal National Mortgage Association, Series
2019-M4, Class A2, 3.61%, 02/25/31
249
240,216
U.S. Government Agency Obligations — 0.2%
Federal Home Loan Banks, 5.50%, 07/15/36
290
312,547
Tennessee Valley Authority
3.50%, 12/15/42
50
41,140
5.25%, 09/15/39
65
67,338
5.25%, 02/01/55
50
48,840
5.38%, 04/01/56
500
499,079
 
968,944
U.S. Government Obligations — 45.5%
U.S. Treasury Bonds
1.13%, 05/15/40
4,131
2,594,139
1.13%, 08/15/40
498
309,460
1.25%, 05/15/50
3,600
1,693,687
1.38%, 11/15/40
5,757
3,698,872
1.38%, 08/15/50
3,890
1,886,042
1.63%, 11/15/50
6,245
3,229,836
1.75%, 08/15/41
7,561
5,039,879
1.88%, 02/15/41
6,683
4,610,226
1.88%, 02/15/51
7,393
4,066,150
1.88%, 11/15/51
6,698
3,644,131
2.00%, 11/15/41
6,756
4,653,195
2.00%, 02/15/50
4,170
2,406,220
2.00%, 08/15/51
6,819
3,844,211
40

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
(Percentages shown are based on Net Assets)
Security
Par
(000
)
Value
U.S. Government Obligations (continued)
2.25%, 05/15/41
$5,197
$3,771,073
2.25%, 08/15/46
1,922
1,243,894
2.25%, 08/15/49
4,700
2,897,844
2.25%, 02/15/52
6,453
3,847,601
2.38%, 02/15/42
5,540
4,019,097
2.38%, 11/15/49
3,960
2,500,369
2.38%, 05/15/51
7,087
4,389,511
2.50%, 02/15/45
2,130
1,482,347
2.50%, 02/15/46
895
612,516
2.50%, 05/15/46
1,750
1,193,555
2.75%, 08/15/42
1,450
1,101,547
2.75%, 11/15/42
4,355
3,292,108
2.75%, 08/15/47
1,700
1,193,453
2.75%, 11/15/47
3,120
2,184,000
2.88%, 05/15/43
3,150
2,402,859
2.88%, 08/15/45
500
368,437
2.88%, 11/15/46
850
616,383
2.88%, 05/15/49
4,320
3,044,925
2.88%, 05/15/52
5,755
3,945,772
3.00%, 05/15/42
1,000
791,875
3.00%, 05/15/45
300
226,500
3.00%, 11/15/45
500
375,000
3.00%, 02/15/47
1,300
961,187
3.00%, 02/15/48
3,835
2,803,745
3.00%, 08/15/48
4,840
3,519,587
3.00%, 02/15/49
4,600
3,329,250
3.00%, 08/15/52
5,381
3,781,834
3.13%, 11/15/41
600
487,594
3.13%, 02/15/43
4,486
3,564,968
3.13%, 08/15/44
1,400
1,089,375
3.13%, 05/15/48
4,247
3,168,660
3.25%, 05/15/42
4,651
3,812,367
3.38%, 08/15/42
4,483
3,725,093
3.38%, 05/15/44
1,450
1,175,859
3.63%, 08/15/43
1,450
1,229,102
3.63%, 02/15/44
2,600
2,191,719
3.63%, 02/15/53
5,666
4,493,846
3.63%, 05/15/53
5,105
4,044,915
3.75%, 11/15/43
2,300
1,978,000
3.88%, 08/15/40
650
590,586
3.88%, 02/15/43
4,365
3,850,748
3.88%, 05/15/43
4,730
4,161,661
4.00%, 11/15/42
5,069
4,556,556
4.00%, 11/15/52
5,922
5,028,148
4.13%, 08/15/44
3,999
3,598,475
4.13%, 08/15/53
6,515
5,649,727
4.25%, 11/15/40
1,416
1,338,784
4.25%, 02/15/54
6,475
5,733,410
4.25%, 08/15/54
6,724
5,955,993
4.38%, 05/15/40
1,317
1,268,436
4.38%, 08/15/43
4,155
3,890,119
4.50%, 02/15/44
4,951
4,693,393
4.50%, 11/15/54
6,184
5,712,470
4.63%, 02/15/40
1,350
1,337,555
4.63%, 05/15/44
5,330
5,126,794
4.63%, 11/15/44
4,336
4,159,172
4.63%, 11/15/45
3,620
3,459,928
Security
Par
(000
)
Value
U.S. Government Obligations (continued)
4.63%, 02/15/46
$4,421
$4,222,746
4.63%, 05/15/54
5,857
5,522,053
4.63%, 02/15/55
6,314
5,954,891
4.63%, 11/15/55
6,397
6,039,168
4.75%, 02/15/41
270
269,156
4.75%, 11/15/43
5,448
5,335,635
4.75%, 02/15/45
5,008
4,876,540
4.75%, 11/15/53
5,228
5,022,964
4.75%, 05/15/55
6,901
6,643,291
4.75%, 08/15/55
6,980
6,721,521
4.75%, 02/15/56
6,860
6,613,662
4.88%, 08/15/45
4,198
4,146,181
5.00%, 05/15/45
4,377
4,394,782
5.00%, 05/15/56
780
782,437
 
269,190,797
Total U.S. Government & Agency Obligations — 45.7%
(Cost: $319,714,366)
270,399,957
Total Long-Term Investments — 98.2%
(Cost: $662,447,993)
580,903,234
 
Shares
 
Short-Term Securities
Money Market Funds — 1.9%
BlackRock Cash Funds: Treasury, SL Agency Shares,
3.58%(j)(k)(l)
11,433,183
11,433,183
Total Short-Term Securities — 1.9%
(Cost: $11,433,182)
11,433,183
Total Investments — 100.1%
(Cost: $673,881,175)
592,336,417
Liabilities in Excess of Other Assets — (0.1)%
(693,750
)
Net Assets — 100.0%
$591,642,667
(a)
Security exempt from registration pursuant to Rule 144A under the Securities Act of
1933, as amended. These securities may be resold in transactions exempt from
registration to qualified institutional investors.
(b)
All or a portion of this security is on loan.
(c)
Variable rate security. Interest rate resets periodically. The rate shown is the effective
interest rate as of period end. Security description also includes the reference rate
and spread if published and available.
(d)
Zero-coupon bond.
(e)
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.
(f)
This security may be resold to qualified foreign investors and foreign institutional
buyers under Regulation S of the Securities Act of 1933.
(g)
Issuer filed for bankruptcy and/or is in default.
(h)
Non-income producing security.
(i)
U.S. dollar denominated security issued by foreign domiciled entity.
(j)
Affiliate of the Fund.
(k)
Annualized 7-day yield as of period end.
(l)
All or a portion of this security was purchased with the cash collateral from loaned
securities.
41

Schedule of Investments (unaudited)(continued)
May 31, 2026
iShares® Core 10+ Year USD Bond ETF
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the period ended May 31, 2026 for purposes of Section 2(a)(3) of the Investment CompanyAct of 1940, as amended, were as follows:
Affiliated Issuer
Value at
02/28/26
Purchases
at Cost
Proceeds
from Sales
Net Realized
Gain (Loss)
Change in
Unrealized
Appreciation
(Depreciation)
Value at
05/31/26
Shares
Held at
05/31/26
Income
Capital
Gain
Distributions
from
Underlying
Funds
BlackRock Cash Funds: Treasury, SL Agency
Shares
$10,059,810
$1,373,373
(a)
$
$
$
$11,433,183
11,433,183
$46,641
(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 Fund’s financial instruments into major categories is disclosed in the Schedule of Investments above.
 
Level 1
Level 2
Level 3
Total
Assets
Investments
Long-Term Investments
Asset-Backed Securities
$
$109,263
$
$109,263
Corporate Bonds & Notes
259,480,350
259,480,350
Foreign Government Obligations
41,680,019
41,680,019
Municipal Debt Obligations
9,233,645
9,233,645
U.S. Government & Agency Obligations
270,399,957
270,399,957
Short-Term Securities
Money Market Funds
11,433,183
11,433,183
 
$11,433,183
$580,903,234
$
$592,336,417
Portfolio Abbreviation
BAB
Build America Bond
CME
Chicago Mercantile Exchange
CMT
Constant Maturity Treasury
GO
General Obligation
GOL
General Obligation Limited
 
PJSC
Public Joint Stock Company
RB
Revenue Bonds
REIT
Real Estate Investment Trust
SOFR
Secured Overnight Financing Rate
42