# EDGAR Filing Document

**Accession Number:** 0001100663
**File Stem:** 0001752724-23-071905
**Filing Date:** 2023-3
**Character Count:** 172851
**Document Hash:** 425eb3325c21ce487d1d725a3a32810e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-071905.hdr.sgml**: 20230329

**ACCESSION NUMBER**: 0001752724-23-071905

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230329

**DATE AS OF CHANGE**: 20230329

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** iSHARES TRUST
- **CENTRAL INDEX KEY:** 0001100663
- **IRS NUMBER:** 943351276
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09729
- **FILM NUMBER:** 23774032

**BUSINESS ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105
- **BUSINESS PHONE:** (415) 670-2000

**MAIL ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ISHARES TRUST
- **DATE OF NAME CHANGE:** 19991213

## Series and Classes Contracts Data

### iShares iBonds Dec 2032 Term Corporate ETF (Series ID: S000076685)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000236700 | iShares iBonds Dec 2032 Term Corporate ETF | IBDX            |

## Nport-Ex

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) | **iShares<sup>®</sup> iBonds<sup>®</sup> Dec 2032 Term Corporate ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Corporate Bonds & Notes** |  |  |
| **Aerospace & Defense — 0.7%** |  |  |
| Lockheed Martin Corp., 3.90%, 06/15/32 (Call 03/15/32) | $160 | $155385 |
| Raytheon Technologies Corp., 2.38%, 03/15/32 (Call 12/15/31) | 265 | 222881 |
|  |  | 378266 |
| **Agriculture — 2.5%** |  |  |
| Altria Group Inc., 2.45%, 02/04/32 (Call 11/04/31) | 415 | 323098 |
| Archer-Daniels-Midland Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.90%, 03/01/32 (Call 12/01/31) | 235 | 211392 |
| &nbsp;&nbsp;&nbsp;5.94%, 10/01/32 | 80 | 88833 |
| BAT Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.74%, 03/16/32 (Call 12/16/31)<sup>(a)</sup> | 250 | 230925 |
| &nbsp;&nbsp;&nbsp;7.75%, 10/19/32 (Call 07/19/32) | 120 | 133911 |
| Philip Morris International Inc., 5.75%, 11/17/32 (Call 08/17/32) | 365 | 384363 |
|  |  | 1372522 |
| **Airlines — 0.6%** |  |  |
| American Airlines 2019-1 Class AA Pass Through Trust, Series 2019-1, Class AA, 3.15%, 08/15/33 | 91 | 77054 |
| JetBlue Pass Through Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 1A, Class A, 4.00%, 05/15/34 | 78 | 70956 |
| &nbsp;&nbsp;&nbsp;Series 2019-1, Class AA, 2.75%, 11/15/33 | 100 | 83407 |
| United Airlines Pass Through Trust, Series 2019-2, Class AA, 2.70%, 11/01/33<sup>(a)</sup> | 110 | 91549 |
|  |  | 322966 |
| **Apparel — 0.2%** |  |  |
| Tapestry Inc., 3.05%, 03/15/32 (Call 12/15/31)<sup>(a)</sup> | 140 | 114717 |
| **Auto Manufacturers — 1.5%** |  |  |
| General Motors Co., 5.60%, 10/15/32 (Call 07/15/32)<sup>(a)</sup> | 275 | 271510 |
| General Motors Financial Co. Inc., 3.10%, 01/12/32 (Call 10/12/31) | 340 | 281857 |
| Honda Motor Co. Ltd., 2.97%, 03/10/32 (Call 12/10/31) | 155 | 138121 |
| Toyota Motor Credit Corp., 2.40%, 01/13/32 | 125 | 107236 |
|  |  | 798724 |
| **Auto Parts & Equipment — 0.3%** |  |  |
| Aptiv PLC/Aptiv Corp., 3.25%, 03/01/32 (Call 12/01/31)<sup>(a)</sup> | 165 | 142593 |
| Lear Corp., 2.60%, 01/15/32 (Call 10/15/31) | 60 | 47098 |
|  |  | 189691 |
| **Banks — 5.0%** |  |  |
| Bank of New York Mellon Corp. (The), 2.50%, 01/26/32 (Call 10/26/31)<sup>(a)</sup> | 100 | 84615 |
| Bank of Nova Scotia (The), 2.45%, 02/02/32<sup>(a)</sup> | 190 | 159150 |
| Canadian Imperial Bank of Commerce, 3.60%, 04/07/32 (Call 03/07/32) | 220 | 202583 |
| Citigroup Inc., 6.63%, 06/15/32 | 255 | 279559 |
| Citizens Financial Group Inc., 2.64%, 09/30/32 (Call 07/02/32) | 140 | 109640 |
| KeyBank NA/Cleveland OH, 4.90%, 08/08/32 | 195 | 190304 |
| Morgan Stanley, 7.25%, 04/01/32 | 215 | 252343 |
| Northern Trust Corp., 6.13%, 11/02/32 (Call 08/02/32) | 255 | 280214 |
| Royal Bank of Canada, 3.88%, 05/04/32 | 255 | 239784 |
| Toronto-Dominion Bank (The) |  |  |
| &nbsp;&nbsp;&nbsp;2.45%, 01/12/32 | 120 | 100715 |
| &nbsp;&nbsp;&nbsp;3.20%, 03/10/32 | 305 | 273555 |
| &nbsp;&nbsp;&nbsp;4.46%, 06/08/32 | 540 | 530118 |
|  |  | 2702580 |
| **Beverages — 2.4%** |  |  |
| Coca-Cola Co. (The), 2.25%, 01/05/32 | 355 | 307178 |
| Coca-Cola Femsa SAB de CV, 1.85%, 09/01/32 (Call 06/01/32) | 165 | 131386 |
| Constellation Brands Inc., 4.75%, 05/09/32 (Call 02/09/32) | 195 | 194982 |
| Diageo Capital PLC, 2.13%, 04/29/32 (Call 01/29/32) | 215 | 178897 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Beverages (continued)** |  |  |
| Keurig Dr Pepper Inc., 4.05%, 04/15/32 (Call 01/15/32)<sup>(a)</sup> | $240 | $227386 |
| PepsiCo Inc., 3.90%, 07/18/32 (Call 04/18/32) | 245 | 239387 |
|  |  | 1279216 |
| **Biotechnology — 1.1%** |  |  |
| Amgen Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.00%, 01/15/32 (Call 10/15/31) | 300 | 242742 |
| &nbsp;&nbsp;&nbsp;3.35%, 02/22/32 (Call 11/22/31) | 265 | 240024 |
| Bio-Rad Laboratories Inc., 3.70%, 03/15/32 (Call 12/15/31) | 145 | 131687 |
|  |  | 614453 |
| **Building Materials — 0.4%** |  |  |
| Fortune Brands Home & Security Inc., 4.00%, 03/25/32 (Call 12/25/31) | 127 | 115134 |
| Johnson Controls International PLC/Tyco Fire & Security Finance SCA, 4.90%, 12/01/32 (Call 09/01/32) | 120 | 123520 |
|  |  | 238654 |
| **Chemicals — 1.5%** |  |  |
| Albemarle Corp., 5.05%, 06/01/32 (Call 03/01/32) | 155 | 153364 |
| Cabot Corp., 5.00%, 06/30/32 (Call 03/30/32) | 95 | 92610 |
| Celanese U.S. Holdings LLC, 6.38%, 07/15/32 (Call 04/15/32)<sup>(a)</sup> | 255 | 256938 |
| Ecolab Inc., 2.13%, 02/01/32 (Call 11/01/31)<sup>(a)</sup> | 155 | 129594 |
| RPM International Inc., 2.95%, 01/15/32 (Call 10/15/31) | 100 | 82369 |
| Sherwin-Williams Co. (The), 2.20%, 03/15/32 (Call 12/15/31) | 145 | 119222 |
|  |  | 834097 |
| **Commercial Services — 2.6%** |  |  |
| Cintas Corp. No. 2, 4.00%, 05/01/32 (Call 02/01/32)<sup>(a)</sup> | 130 | 126283 |
| Global Payments Inc., 5.40%, 08/15/32 (Call 05/15/32) | 195 | 195704 |
| Johns Hopkins University, 4.71%, 07/01/32 (Call 04/01/32) | 110 | 113843 |
| Moody's Corp., 4.25%, 08/08/32 (Call 05/08/32) | 145 | 140824 |
| PayPal Holdings Inc., 4.40%, 06/01/32 (Call 03/01/32) | 225 | 220457 |
| Quanta Services Inc., 2.35%, 01/15/32 (Call 10/15/31) | 125 | 99979 |
| RELX Capital Inc., 4.75%, 05/20/32 (Call 02/20/32) | 110 | 109548 |
| S&P Global Inc., 2.90%, 03/01/32 (Call 12/01/31)<sup>(b)</sup> | 365 | 323262 |
| Triton Container International Ltd./TAL International Container Corp., 3.25%, 03/15/32 (Call 12/15/31) | 115 | 93408 |
|  |  | 1423308 |
| **Computers — 1.9%** |  |  |
| Apple Inc., 3.35%, 08/08/32 (Call 05/08/32)<sup>(a)</sup> | 285 | 266264 |
| HP Inc., 4.20%, 04/15/32 (Call 01/15/32) | 245 | 218707 |
| International Business Machines Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.72%, 02/09/32 (Call 11/09/31) | 140 | 121472 |
| &nbsp;&nbsp;&nbsp;4.40%, 07/27/32 (Call 04/27/32)<sup>(a)</sup> | 180 | 177079 |
| &nbsp;&nbsp;&nbsp;5.88%, 11/29/32 | 130 | 142714 |
| Western Digital Corp., 3.10%, 02/01/32 (Call 11/01/31) | 115 | 88304 |
|  |  | 1014540 |
| **Cosmetics & Personal Care — 1.7%** |  |  |
| Colgate-Palmolive Co., 3.25%, 08/15/32 (Call 05/15/32) | 145 | 136203 |
| GSK Consumer Healthcare Capital U.S. LLC, 3.63%, 03/24/32 (Call 12/24/31) | 490 | 449644 |
| Procter & Gamble Co. (The), 2.30%, 02/01/32 | 155 | 136016 |
| Unilever Capital Corp., 5.90%, 11/15/32 | 175 | 196885 |
|  |  | 918748 |
| **Diversified Financial Services — 5.2%** |  |  |
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust, 3.30%, 01/30/32 (Call 10/30/31) | 925 | 774993 |
| Air Lease Corp., 2.88%, 01/15/32 (Call 10/15/31) | 195 | 160397 |
| Ameriprise Financial Inc., 4.50%, 05/13/32 (Call 02/13/32)<sup>(a)</sup> | 85 | 85441 |
| Brookfield Finance I UK PLC, 2.34%, 01/30/32 (Call 10/30/31) | 145 | 116996 |
| Cboe Global Markets Inc., 3.00%, 03/16/32 (Call 12/16/31) | 115 | 100441 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> iBonds<sup>®</sup> Dec 2032 Term Corporate ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Diversified Financial Services (continued)** |  |  |
| Charles Schwab Corp. (The), 2.90%, 03/03/32 (Call 12/03/31) | $290 | $257114 |
| CME Group Inc., 2.65%, 03/15/32 (Call 12/15/31) | 205 | 179076 |
| Credit Suisse USA Inc., 7.13%, 07/15/32 | 160 | 173362 |
| Discover Financial Services, 6.70%, 11/29/32 (Call 08/29/32) | 175 | 187010 |
| Intercontinental Exchange Inc., 1.85%, 09/15/32 (Call 06/15/32) | 413 | 324560 |
| Jefferies Group LLC, 2.75%, 10/15/32 (Call 07/15/32) | 130 | 103756 |
| Nomura Holdings Inc., 3.00%, 01/22/32 | 165 | 136455 |
| ORIX Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 04/13/32 | 155 | 143821 |
| &nbsp;&nbsp;&nbsp;5.20%, 09/13/32 | 60 | 61001 |
|  |  | 2804423 |
| **Electric — 11.3%** |  |  |
| AEP Texas Inc., 4.70%, 05/15/32 (Call 02/15/32)<sup>(a)</sup> | 135 | 134529 |
| Alabama Power Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.05%, 03/15/32 (Call 12/15/31) | 150 | 133932 |
| &nbsp;&nbsp;&nbsp;3.94%, 09/01/32 (Call 03/01/32) | 100 | 95104 |
| Ameren Illinois Co., 3.85%, 09/01/32 (Call 06/01/32) | 100 | 95982 |
| American Electric Power Co. Inc., 5.95%, 11/01/32 (Call 08/01/32) | 125 | 134454 |
| Appalachian Power Co., 4.50%, 08/01/32 (Call 05/01/32) | 110 | 106988 |
| Arizona Public Service Co., 6.35%, 12/15/32 (Call 09/15/32) | 111 | 121617 |
| CenterPoint Energy Houston Electric LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series AG, 3.00%, 03/01/32 (Call 12/01/31) | 55 | 49394 |
| &nbsp;&nbsp;&nbsp;Series ai., 4.45%, 10/01/32 (Call 07/01/32) | 150 | 150228 |
| Commonwealth Edison Co., 3.15%, 03/15/32 (Call 12/15/31) | 25 | 22545 |
| Consumers Energy Co., 3.60%, 08/15/32 (Call 02/15/32) | 55 | 51645 |
| Dominion Energy Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.35%, 08/15/32 (Call 05/15/32) | 55 | 53107 |
| &nbsp;&nbsp;&nbsp;5.38%, 11/15/32 (Call 08/15/32) | 220 | 226908 |
| Dominion Energy South Carolina Inc., 6.63%, 02/01/32 | 115 | 130653 |
| DTE Electric Co., Series A, 3.00%, 03/01/32 (Call 12/01/31) | 155 | 138206 |
| Duke Energy Carolinas LLC |  |  |
| &nbsp;&nbsp;&nbsp;2.85%, 03/15/32 (Call 12/15/31) | 130 | 113818 |
| &nbsp;&nbsp;&nbsp;6.45%, 10/15/32 | 60 | 67222 |
| Duke Energy Corp., 4.50%, 08/15/32 (Call 05/15/32) | 320 | 311619 |
| Duke Energy Progress LLC, 3.40%, 04/01/32 (Call 01/01/32) | 70 | 64179 |
| Entergy Louisiana LLC, 2.35%, 06/15/32 (Call 03/15/32) | 110 | 91478 |
| Eversource Energy, 3.38%, 03/01/32 (Call 12/01/31) | 135 | 121951 |
| Exelon Corp., 3.35%, 03/15/32 | 175 | 158027 |
| Florida Power & Light Co., 2.45%, 02/03/32 (Call 11/03/31)<sup>(a)</sup> | 360 | 310903 |
| Georgia Power Co., 4.70%, 05/15/32 (Call 02/15/32) | 145 | 144339 |
| National Rural Utilities Cooperative Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.75%, 04/15/32 (Call 01/15/32) | 125 | 107405 |
| &nbsp;&nbsp;&nbsp;4.02%, 11/01/32 (Call 05/01/32) | 55 | 52053 |
| &nbsp;&nbsp;&nbsp;4.15%, 12/15/32 (Call 09/15/32) | 120 | 115206 |
| &nbsp;&nbsp;&nbsp;Series C, 8.00%, 03/01/32 | 100 | 121845 |
| NextEra Energy Capital Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.44%, 01/15/32 (Call 10/15/31) | 225 | 187895 |
| &nbsp;&nbsp;&nbsp;5.00%, 07/15/32 (Call 04/15/32) | 265 | 269622 |
| Oncor Electric Delivery Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.15%, 06/01/32 | 40 | 39154 |
| &nbsp;&nbsp;&nbsp;4.55%, 09/15/32 | 220 | 222303 |
| &nbsp;&nbsp;&nbsp;7.00%, 05/01/32 | 115 | 134633 |
| Pacific Gas and Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;4.40%, 03/01/32 (Call 12/01/31) | 100 | 90806 |
| &nbsp;&nbsp;&nbsp;5.90%, 06/15/32 (Call 03/15/32) | 158 | 159155 |
| Public Service Co. of Colorado, 4.10%, 06/01/32 (Call 12/01/31)<sup>(a)</sup> | 115 | 111986 |
| Public Service Electric & Gas Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.10%, 03/15/32 (Call 12/15/31) | 115 | 104212 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Electric (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.90%, 12/15/32 | $115 | $119725 |
| Puget Energy Inc., 4.22%, 03/15/32 (Call 12/15/31)<sup>(a)</sup> | 80 | 73213 |
| San Diego Gas & Electric Co., Series XXX, 3.00%, 03/15/32 (Call 12/15/31) | 90 | 79668 |
| Southern California Edison Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 02/01/32 (Call 11/01/31)<sup>(a)</sup> | 105 | 90875 |
| &nbsp;&nbsp;&nbsp;5.95%, 11/01/32 (Call 08/01/32) | 195 | 212466 |
| Southern Co. (The), 5.70%, 10/15/32 (Call 04/15/32)<sup>(a)</sup> | 170 | 181322 |
| Tucson Electric Power Co., 3.25%, 05/15/32 (Call 02/15/32) | 60 | 53121 |
| Union Electric Co., 2.15%, 03/15/32 (Call 12/15/31) | 165 | 135777 |
| Virginia Electric & Power Co., 2.40%, 03/30/32 (Call 12/30/31) | 110 | 92935 |
| Wisconsin Electric Power Co., 4.75%, 09/30/32 (Call 06/30/32) | 95 | 96857 |
| Wisconsin Power and Light Co., 3.95%, 09/01/32 (Call 06/01/32) | 125 | 119275 |
| Xcel Energy Inc., 4.60%, 06/01/32 (Call 12/01/31) | 154 | 152482 |
|  |  | 6152819 |
| **Electronics — 0.8%** |  |  |
| Allegion U.S. Holding Co. Inc., 5.41%, 07/01/32 (Call 04/01/32) | 135 | 137298 |
| Arrow Electronics Inc., 2.95%, 02/15/32 (Call 11/15/31) | 90 | 74854 |
| Avnet Inc., 5.50%, 06/01/32 (Call 03/01/32)<sup>(a)</sup> | 80 | 78762 |
| Tyco Electronics Group SA, 2.50%, 02/04/32 (Call 11/04/31) | 140 | 120215 |
|  |  | 411129 |
| **Entertainment — 1.9%** |  |  |
| Magallanes Inc., 4.28%, 03/15/32 (Call 12/15/31)<sup>(b)</sup> | 1155 | 1027165 |
| **Environmental Control — 1.0%** |  |  |
| Republic Services Inc., 1.75%, 02/15/32 (Call 11/15/31) | 215 | 173249 |
| Waste Connections Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.20%, 01/15/32 (Call 10/15/31) | 100 | 83013 |
| &nbsp;&nbsp;&nbsp;3.20%, 06/01/32 (Call 03/01/32) | 100 | 89625 |
| Waste Management Inc., 4.15%, 04/15/32 (Call 01/15/32)<sup>(a)</sup> | 230 | 226150 |
|  |  | 572037 |
| **Food — 1.7%** |  |  |
| JBS USA LUX SA/JBS USA Food Co./JBS USA Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 05/15/32 (Call 02/15/32)<sup>(b)</sup> | 270 | 214515 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 01/15/32 (Call 01/15/27)<sup>(b)</sup> | 110 | 91967 |
| JM Smucker Co. (The), 2.13%, 03/15/32 (Call 12/15/31) | 75 | 61388 |
| Kraft Heinz Foods Co., 6.75%, 03/15/32 | 80 | 89463 |
| Mondelez International Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.88%, 10/15/32 (Call 07/15/32) | 160 | 127413 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/17/32 (Call 12/17/31) | 190 | 168619 |
| Pilgrim's Pride Corp., 3.50%, 03/01/32 (Call 09/01/26)<sup>(b)</sup> | 210 | 170932 |
|  |  | 924297 |
| **Forest Products & Paper — 0.3%** |  |  |
| Suzano Austria GmbH, 3.13%, 01/15/32 (Call 10/15/31) | 195 | 155366 |
| **Gas — 0.9%** |  |  |
| Atmos Energy Corp., 5.45%, 10/15/32 (Call 07/15/32)<sup>(a)</sup> | 75 | 80545 |
| CenterPoint Energy Resources Corp., 4.40%, 07/01/32 (Call 04/01/32)<sup>(a)</sup> | 135 | 134136 |
| ONE Gas Inc., 4.25%, 09/01/32 (Call 06/01/32)<sup>(a)</sup> | 55 | 53830 |
| Southern Co. Gas Capital Corp., 5.15%, 09/15/32 (Call 03/15/32) | 130 | 132616 |
| Southwest Gas Corp., 4.05%, 03/15/32 (Call 12/15/31) | 100 | 92167 |
|  |  | 493294 |
| **Hand & Machine Tools — 0.2%** |  |  |
| Stanley Black & Decker Inc., 3.00%, 05/15/32 (Call 02/15/32) | 105 | 90993 |
| **Health Care - Products — 1.6%** |  |  |
| Baxter International Inc., 2.54%, 02/01/32 (Call 11/01/31)<sup>(a)</sup> | 380 | 311171 |
| GE Healthcare Holding LLC, 5.91%, 11/22/32 (Call 08/22/32)<sup>(b)</sup> | 370 | 400658 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> iBonds<sup>®</sup> Dec 2032 Term Corporate ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Health Care - Products (continued)** |  |  |
| Thermo Fisher Scientific Inc., 4.95%, 11/21/32 <br> (Call 08/21/32)<sup>(a)</sup> | $150 | $157480 |
|  |  | 869309 |
| **Health Care - Services — 2.8%** |  |  |
| Adventist Health System, 5.43%, 03/01/32 | 95 | 96989 |
| Anthem Inc., 4.10%, 05/15/32 (Call 02/15/32) | 150 | 144185 |
| Elevance Health Inc., 5.50%, 10/15/32 (Call 07/15/32)<sup>(a)</sup> | 150 | 159544 |
| HCA Inc., 3.63%, 03/15/32 (Call 12/15/31)<sup>(b)</sup> | 475 | 420916 |
| Humana Inc., 2.15%, 02/03/32 (Call 11/03/31) | 180 | 146225 |
| Piedmont Healthcare Inc., 2.04%, 01/01/32 (Call 07/01/31) | 85 | 68377 |
| UnitedHealth Group Inc., 4.20%, 05/15/32 (Call 02/15/32) | 365 | 359766 |
| Universal Health Services Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.65%, 01/15/32 | 85 | 68699 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.65%, 01/15/32 (Call 10/15/31)<sup>(b)</sup> | 40 | 32329 |
|  |  | 1497030 |
| **Home Builders — 0.1%** |  |  |
| PulteGroup Inc., 7.88%, 06/15/32 | 50 | 57548 |
| **Home Furnishings — 0.1%** |  |  |
| Whirlpool Corp., 4.70%, 05/14/32 (Call 02/14/32) | 85 | 83561 |
| **Household Products & Wares — 0.7%** |  |  |
| Avery Dennison Corp., 2.25%, 02/15/32 (Call 11/15/31) | 85 | 67951 |
| Church & Dwight Co. Inc., 5.60%, 11/15/32 (Call 08/15/32) | 120 | 129048 |
| Clorox Co. (The), 4.60%, 05/01/32 (Call 02/01/32)<sup>(a)</sup> | 160 | 160219 |
|  |  | 357218 |
| **Insurance — 3.8%** |  |  |
| Aon Corp./Aon Global Holdings PLC, 5.00%, 09/12/32 (Call 06/12/32) | 130 | 132998 |
| Assurant Inc., 2.65%, 01/15/32 (Call 10/15/31) | 90 | 69555 |
| Berkshire Hathaway Finance Corp., 2.88%, 03/15/32 (Call 12/15/31) | 260 | 232978 |
| Brown & Brown Inc., 4.20%, 03/17/32 (Call 12/17/31) | 155 | 141912 |
| Corebridge Financial Inc., 3.90%, 04/05/32 (Call 01/05/32)<sup>(b)</sup> | 350 | 318703 |
| Fairfax Financial Holdings Ltd., 5.63%, 08/16/32 (Call 05/16/32)<sup>(b)</sup> | 165 | 160726 |
| Globe Life Inc., 4.80%, 06/15/32 (Call 03/15/32) | 75 | 74077 |
| Jackson Financial Inc., 5.67%, 06/08/32 (Call 03/08/32)<sup>(a)</sup> | 65 | 64499 |
| Kemper Corp., 3.80%, 02/23/32 (Call 11/23/31) | 70 | 61064 |
| Lincoln National Corp., 3.40%, 03/01/32 (Call 12/01/31) | 50 | 43171 |
| Manulife Financial Corp., 3.70%, 03/16/32 (Call 12/16/31)<sup>(a)</sup> | 195 | 181005 |
| Marsh & McLennan Companies Inc., 5.75%, 11/01/32 (Call 08/01/32) | 160 | 173507 |
| MetLife Inc., 6.50%, 12/15/32 | 125 | 143957 |
| Progressive Corp. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 03/15/32 (Call 12/15/31)<sup>(a)</sup> | 130 | 117434 |
| &nbsp;&nbsp;&nbsp;6.25%, 12/01/32 | 75 | 84714 |
| Prudential PLC, 3.63%, 03/24/32 (Call 12/24/31) | 60 | 55286 |
|  |  | 2055586 |
| **Internet — 3.3%** |  |  |
| Amazon.com Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.60%, 04/13/32 (Call 01/13/32) | 510 | 484842 |
| &nbsp;&nbsp;&nbsp;4.70%, 12/01/32 (Call 09/01/32) | 550 | 563024 |
| eBay Inc., 6.30%, 11/22/32 (Call 08/22/32) | 90 | 98094 |
| Meta Platforms Inc., 3.85%, 08/15/32 | 715 | 665815 |
|  |  | 1811775 |
| **Iron & Steel — 0.7%** |  |  |
| ArcelorMittal SA, 6.80%, 11/29/32 (Call 08/29/32) | 240 | 252379 |
| Nucor Corp., 3.13%, 04/01/32 (Call 01/01/32) | 155 | 138544 |
|  |  | 390923 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Leisure Time — 0.2%** |  |  |
| Brunswick Corp., 4.40%, 09/15/32 (Call 06/15/32) | $105 | $90584 |
| **Lodging — 0.4%** |  |  |
| Marriott International Inc./MD, Series GG, 3.50%, 10/15/32 (Call 07/15/32) | 275 | 242734 |
| **Machinery — 0.6%** |  |  |
| Flowserve Corp., 2.80%, 01/15/32 (Call 10/15/31) | 92 | 73497 |
| John Deere Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.90%, 06/07/32 | 130 | 126213 |
| &nbsp;&nbsp;&nbsp;4.35%, 09/15/32 | 150 | 150927 |
|  |  | 350637 |
| **Manufacturing — 1.5%** |  |  |
| Carlisle Companies Inc., 2.20%, 03/01/32 (Call 12/01/31) | 100 | 79874 |
| Eaton Corp., 4.00%, 11/02/32 | 190 | 182178 |
| GE Capital Funding LLC, 4.55%, 05/15/32 (Call 02/15/32) | 210 | 207805 |
| General Electric Co., 6.75%, 03/15/32<sup>(a)</sup> | 230 | 264707 |
| Pentair Finance Sarl, 5.90%, 07/15/32 (Call 04/15/32) | 55 | 56921 |
|  |  | 791485 |
| **Media — 1.8%** |  |  |
| Charter Communications Operating LLC/Charter |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Communications Operating Capital, 2.30%, 02/01/32 (Call 11/01/31) | 240 | 184145 |
| Comcast Corp., 5.50%, 11/15/32 (Call 08/15/32) | 243 | 261407 |
| FactSet Research Systems Inc., 3.45%, 03/01/32 (Call 12/01/31) | 90 | 79200 |
| Grupo Televisa SAB, 8.50%, 03/11/32 | 55 | 66465 |
| Paramount Global, 4.20%, 05/19/32 (Call 02/19/32)<sup>(a)</sup> | 259 | 222774 |
| TWDC Enterprises 18 Corp., Series B, 7.00%, 03/01/32 | 145 | 169402 |
|  |  | 983393 |
| **Metal Fabricate & Hardware — 0.2%** |  |  |
| Timken Co. (The), 4.13%, 04/01/32 (Call 01/01/32) | 100 | 92350 |
| **Mining — 0.4%** |  |  |
| Newmont Corp., 2.60%, 07/15/32 (Call 04/15/32) | 255 | 213417 |
| **Oil & Gas — 2.5%** |  |  |
| BP Capital Markets America Inc., 2.72%, 01/12/32 (Call 10/12/31)<sup>(a)</sup> | 490 | 428304 |
| Canadian Natural Resources Ltd., 7.20%, 01/15/32 | 115 | 128489 |
| Cenovus Energy Inc., 2.65%, 01/15/32 (Call 10/15/31) | 130 | 108252 |
| ConocoPhillips Co., 5.90%, 10/15/32<sup>(a)</sup> | 155 | 173177 |
| Devon Energy Corp., 7.95%, 04/15/32 | 50 | 59141 |
| Marathon Oil Corp., 6.80%, 03/15/32 | 125 | 134269 |
| Suncor Energy Inc., 7.15%, 02/01/32 | 115 | 128935 |
| Valero Energy Corp., 7.50%, 04/15/32 | 170 | 198006 |
|  |  | 1358573 |
| **Packaging & Containers — 0.5%** |  |  |
| AptarGroup Inc., 3.60%, 03/15/32 (Call 12/15/31) | 105 | 91800 |
| Sonoco Products Co., 2.85%, 02/01/32 (Call 11/01/31) | 140 | 119550 |
| WRKCo Inc., 4.20%, 06/01/32 (Call 03/01/32) | 85 | 80562 |
|  |  | 291912 |
| **Pharmaceuticals — 1.0%** |  |  |
| Becton Dickinson and Co., 4.30%, 08/22/32 (Call 05/22/32)<sup>(a)</sup> | 145 | 141543 |
| Bristol-Myers Squibb Co., 2.95%, 03/15/32 (Call 12/15/31) | 310 | 280993 |
| Zoetis Inc., 5.60%, 11/16/32 (Call 08/16/32) | 130 | 139930 |
|  |  | 562466 |
| **Pipelines — 3.4%** |  |  |
| Boardwalk Pipelines LP, 3.60%, 09/01/32 (Call 06/01/32) | 130 | 113309 |
| Cheniere Energy Partners LP, 3.25%, 01/31/32 (Call 01/31/27) | 225 | 187803 |
| DCP Midstream Operating LP, 3.25%, 02/15/32 (Call 08/15/31) | 110 | 95407 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> iBonds<sup>®</sup> Dec 2032 Term Corporate ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Pipelines (continued)** |  |  |
| Kinder Morgan Energy Partners LP, 7.75%, 03/15/32 | $50 | $57388 |
| Kinder Morgan Inc., 7.75%, 01/15/32 | 220 | 256412 |
| MPLX LP, 4.95%, 09/01/32 (Call 06/01/32) | 225 | 221787 |
| ONEOK Inc., 6.10%, 11/15/32 (Call 08/15/32) | 205 | 215324 |
| Targa Resources Partners LP/Targa Resources Partners Finance Corp., 4.00%, 01/15/32 (Call 07/15/26) | 205 | 180218 |
| Texas Eastern Transmission LP, 7.00%, 07/15/32<sup>(a)</sup> | 110 | 126798 |
| Williams Companies Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;4.65%, 08/15/32 (Call 05/15/32) | 280 | 273134 |
| &nbsp;&nbsp;&nbsp;8.75%, 03/15/32 | 80 | 98655 |
|  |  | 1826235 |
| **Real Estate Investment Trusts — 6.9%** |  |  |
| Agree LP, 4.80%, 10/01/32 (Call 07/01/32) | 90 | 87136 |
| Alexandria Real Estate Equities Inc., 2.00%, 05/18/32 (Call 02/18/32) | 219 | 174760 |
| American Homes 4 Rent LP, 3.63%, 04/15/32 (Call 01/15/32) | 175 | 155526 |
| American Tower Corp., 4.05%, 03/15/32 (Call 12/15/31)<sup>(a)</sup> | 165 | 152937 |
| AvalonBay Communities Inc., 2.05%, 01/15/32 (Call 10/15/31) | 170 | 140119 |
| Boston Properties LP, 2.55%, 04/01/32 (Call 01/01/32) | 180 | 142231 |
| CubeSmart LP, 2.50%, 02/15/32 (Call 11/15/31) | 155 | 125156 |
| Equinix Inc., 3.90%, 04/15/32 (Call 01/15/32) | 240 | 220754 |
| Essex Portfolio LP, 2.65%, 03/15/32 (Call 12/15/31)<sup>(a)</sup> | 115 | 94913 |
| Extra Space Storage LP, 2.35%, 03/15/32 (Call 12/15/31) | 105 | 83361 |
| GLP Capital LP/GLP Financing II Inc., 3.25%, 01/15/32 (Call 10/15/31) | 190 | 158162 |
| Healthpeak Properties Inc., 5.25%, 12/15/32 | 115 | 117326 |
| Invitation Homes Operating Partnership LP, 4.15%, 04/15/32 (Call 01/15/32) | 100 | 91822 |
| Kilroy Realty LP, 2.50%, 11/15/32 (Call 08/15/32) | 135 | 99616 |
| Kimco Realty Corp., 3.20%, 04/01/32 (Call 01/01/32) | 100 | 86863 |
| Piedmont Operating Partnership LP, 2.75%, 04/01/32 (Call 01/01/32) | 50 | 36688 |
| Prologis LP, 2.25%, 01/15/32 (Call 10/15/31) | 85 | 71110 |
| Realty Income Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.85%, 12/15/32 (Call 09/15/32) | 136 | 116345 |
| &nbsp;&nbsp;&nbsp;5.63%, 10/13/32 (Call 07/13/32) | 200 | 212088 |
| Safehold Operating Partnership LP, 2.85%, 01/15/32 (Call 10/15/31) | 70 | 55220 |
| Simon Property Group LP |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 01/15/32 (Call 10/15/31) | 219 | 178159 |
| &nbsp;&nbsp;&nbsp;2.65%, 02/01/32 (Call 11/01/31) | 115 | 97022 |
| Spirit Realty LP, 2.70%, 02/15/32 (Call 11/15/31) | 95 | 73680 |
| Sun Communities Operating LP, 4.20%, 04/15/32 (Call 01/15/32) | 145 | 133032 |
| UDR Inc., 2.10%, 08/01/32 (Call 05/01/32) | 70 | 54868 |
| VICI Properties LP, 5.13%, 05/15/32 (Call 02/15/32) | 355 | 341680 |
| Welltower Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.75%, 01/15/32 (Call 10/15/31) | 95 | 77758 |
| &nbsp;&nbsp;&nbsp;3.85%, 06/15/32 (Call 03/15/32) | 105 | 94077 |
| Weyerhaeuser Co., 7.38%, 03/15/32 | 140 | 161986 |
| WP Carey Inc., 2.45%, 02/01/32 (Call 11/01/31) | 120 | 97940 |
|  |  | 3732335 |
| **Retail — 5.7%** |  |  |
| Advance Auto Parts Inc., 3.50%, 03/15/32 (Call 12/15/31) | 65 | 55318 |
| AutoNation Inc., 3.85%, 03/01/32 (Call 12/01/31)<sup>(a)</sup> | 120 | 101516 |
| AutoZone Inc., 4.75%, 08/01/32 (Call 05/01/32) | 225 | 225524 |
| Costco Wholesale Corp., 1.75%, 04/20/32 (Call 01/20/32) | 185 | 152558 |
| Dick's Sporting Goods Inc., 3.15%, 01/15/32 (Call 10/15/31)<sup>(a)</sup> | 155 | 126830 |
| Dollar General Corp., 5.00%, 11/01/32 (Call 08/01/32) | 190 | 192776 |
| Genuine Parts Co., 2.75%, 02/01/32 (Call 11/01/31) | 90 | 75084 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Retail (continued)** |  |  |
| Home Depot Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 04/15/32 (Call 01/15/32) | $290 | $266725 |
| &nbsp;&nbsp;&nbsp;4.50%, 09/15/32 (Call 06/15/32) | 305 | 308690 |
| Lowe's Companies Inc., 3.75%, 04/01/32 (Call 01/01/32) | 360 | 333814 |
| McDonald's Corp., 4.60%, 09/09/32 (Call 06/09/32) | 230 | 232337 |
| O'Reilly Automotive Inc., 4.70%, 06/15/32 (Call 03/15/32) | 235 | 234511 |
| Starbucks Corp., 3.00%, 02/14/32 (Call 11/14/31)<sup>(a)</sup> | 240 | 213226 |
| Target Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/15/32 (Call 06/15/32)<sup>(a)</sup> | 285 | 287374 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.35%, 11/01/32<sup>(a)</sup> | 50 | 56802 |
| Walmart Inc., 4.15%, 09/09/32 (Call 06/09/32) | 220 | 220411 |
|  |  | 3083496 |
| **Semiconductors — 4.8%** |  |  |
| Advanced Micro Devices Inc., 3.92%, 06/01/32 (Call 03/01/32) | 130 | 124344 |
| Analog Devices Inc., 4.25%, 10/01/32 (Call 07/01/32) | 55 | 53761 |
| Broadcom Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.15%, 04/15/32 (Call 01/15/32)<sup>(b)</sup> | 365 | 333362 |
| &nbsp;&nbsp;&nbsp;4.30%, 11/15/32 (Call 08/15/32) | 390 | 358995 |
| Intel Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 12/15/32<sup>(a)</sup> | 140 | 132945 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.15%, 08/05/32 (Call 05/05/32)<sup>(a)</sup> | 360 | 343969 |
| KLA Corp., 4.65%, 07/15/32 (Call 04/15/32)<sup>(a)</sup> | 245 | 248876 |
| Micron Technology Inc., 2.70%, 04/15/32 (Call 01/15/32) | 245 | 195491 |
| NXP BV/NXP Funding LLC/NXP USA Inc., 2.65%, 02/15/32 (Call 11/15/31) | 235 | 192474 |
| QUALCOMM Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.65%, 05/20/32 (Call 02/20/32) | 260 | 208819 |
| &nbsp;&nbsp;&nbsp;4.25%, 05/20/32 (Call 02/20/32) | 110 | 109811 |
| Texas Instruments Inc., 3.65%, 08/16/32 (Call 05/16/32) | 60 | 57616 |
| TSMC Arizona Corp., 4.25%, 04/22/32 (Call 01/22/32) | 225 | 223760 |
|  |  | 2584223 |
| **Software — 2.2%** |  |  |
| Fidelity National Information Services Inc., 5.10%, 07/15/32 (Call 04/15/32)<sup>(a)</sup> | 185 | 185742 |
| Oracle Corp., 6.25%, 11/09/32 (Call 08/09/32) | 540 | 587115 |
| Take-Two Interactive Software Inc., 4.00%, 04/14/32 (Call 01/14/32)<sup>(a)</sup> | 150 | 140295 |
| Workday Inc., 3.80%, 04/01/32 (Call 01/01/32) | 300 | 274362 |
|  |  | 1187514 |
| **Telecommunications — 5.4%** |  |  |
| America Movil SAB de CV, 4.70%, 07/21/32 (Call 04/21/32) | 180 | 177570 |
| AT&T Inc., 2.25%, 02/01/32 (Call 11/01/31) | 520 | 424861 |
| Bell Telephone Co. of Canada or Bell Canada (The), Series US-5, 2.15%, 02/15/32 (Call 11/15/31) | 170 | 139031 |
| Deutsche Telekom International Finance BV, 9.25%, 06/01/32 | 140 | 182981 |
| Motorola Solutions Inc., 5.60%, 06/01/32 (Call 03/01/32) | 145 | 147400 |
| Rogers Communications Inc., 3.80%, 03/15/32 (Call 12/15/31)<sup>(b)</sup> | 495 | 445470 |
| TELUS Corp., 3.40%, 05/13/32 (Call 02/13/32) | 225 | 199564 |
| T-Mobile USA Inc., 2.70%, 03/15/32 (Call 01/15/29) | 260 | 220012 |
| Verizon Communications Inc., 2.36%, 03/15/32 (Call 12/15/31) | 1035 | 852768 |
| Vodafone Group PLC, 6.25%, 11/30/32 | 120 | 131785 |
|  |  | 2921442 |
| **Transportation — 1.6%** |  |  |
| Canadian National Railway Co., 3.85%, 08/05/32 (Call 05/05/32)<sup>(a)</sup> | 165 | 159476 |
| CSX Corp., 4.10%, 11/15/32 (Call 08/15/32)<sup>(a)</sup> | 260 | 252624 |
| Norfolk Southern Corp., 3.00%, 03/15/32 (Call 12/15/31) | 185 | 164896 |
| Union Pacific Corp., 2.80%, 02/14/32 (Call 11/14/31) | 320 | 283366 |
|  |  | 860362 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> iBonds<sup>®</sup> Dec 2032 Term Corporate ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par/<br> Shares <br> (000)* | *Value* |
| **Trucking & Leasing — 0.2%** |  |  |
| GATX Corp., 3.50%, 06/01/32 (Call 03/01/32) | $110 | $96219 |
| **Water — 0.4%** |  |  |
| American Water Capital Corp., 4.45%, 06/01/32 (Call 03/01/32)<sup>(a)</sup> | 215 | 214252 |
| **Total Long-Term Investments — 98.5%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $52,596,604)** |  | 53440584 |
| **Short-Term Securities** |  |  |
| **Money Market Funds — 9.8%** |  |  |
| BlackRock Cash Funds: Institutional, SL Agency Shares, 4.56%<sup>(c)(d)(e)</sup> | 5113 | 5116549 |
| BlackRock Cash Funds: Treasury, SL Agency Shares, 4.18%<sup>(c)(d)</sup> | 180 | 180000 |
| **Total Short-Term Securities — 9.8%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $5,294,388)** |  | 5296549 |
| **Total Investments — 108.3%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $57,890,992)** |  | 58737133 |
| **Liabilities in Excess of Other Assets — (8.3)%** |  | (4512884) |
| **Net Assets — 100.0%** |  | $54224249 |

---

<sup>(a)</sup> All or a portion of this security is on loan.

<sup>(b)</sup> 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.

<sup>(c)</sup> Affiliate of the Fund.

<sup>(d)</sup> Annualized 7-day yield as of period end.

<sup>(e)</sup> All or a portion of this security was purchased with the cash collateral from loaned securities.

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended January 31, 2023 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at 06/28/22* | *Purchases <br> at Cost* | *Proceeds <br> from Sale* | *Net Realized <br> Gain (Loss)* | *Change in <br> Unrealized <br> Appreciation (Depreciation)* | *Value at <br> 01/31/23* | *Shares <br> Held at <br> 01/31/23* | *Income* | *Capital Gain <br> Distributions from <br> Underlying Funds* |
| BlackRock Cash Funds: Institutional, SL Agency Shares | $1614258 | $3499705 <sup>(a)</sup> | $— | $(74) | $2660 | $5116549 | 5113 | $2847 <sup>(b)</sup> | $— |
| BlackRock Cash Funds: Treasury, SL Agency Shares | 30000 | 150000 <sup>(a)</sup> |  |  |  | 180000 | 180 | 616 |  |
|  |  |  |  | $(74) | $2660 | $5296549 |  | $3463 | $— |

---

<sup>(a)</sup> Represents net amount purchased (sold).

<sup>(b)</sup> All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities.

**Fair Value Hierarchy as of Period End**

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

● Level 1 – Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that each Fund has the ability to access;

● Level 2 – Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs); and

● Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (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. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities.

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> iBonds<sup>®</sup> Dec 2032 Term Corporate ETF** |
| January 31, 2023 |  |

---

**Fair Value Hierarchy as of Period End (continued)**

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 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Long-Term Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds & Notes | $— | $53440584 | $— | $53440584 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-Term Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 5296549 |  |  | 5296549 |
|  | $5296549 | $53440584 | $— | $58737133 |

---

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** iShares Trust

- **b. Investment Company Act file number:** 811-09729

- **c. CIK number of Registrant:** 0001100663

- **d. LEI of Registrant:** 5493000860OXIC4B5K91

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 400 Howard Street

  - **City:** San Francisco

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

  - **Telephone number:** 800-474-2737

**Item A.2. Information about the Series.**

- **a. Name of Series:** iShares iBonds Dec 2032 Term Corporate ETF

- **b. EDGAR series identifier (if any):** S000076685

- **c. LEI of Series:** 549300ZCXA0SQGYFIX78

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $55905776.06

**Total Liabilities:** $10508381.55

**Net Assets:** $45397394.51

**Cash Not Reported:** $3749.25

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.04000000 | **1-Year:** 0.00000000 | **5-Year:** 183.36000000 | **10-Year:** 41162.44000000 | **30-Year:** 0.00000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000236700 | 5.42%                | -0.88%               | 4.51%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-4688.99                | $815937.39                                 |
| Month 2  | $-12815.34               | $-351337.65                                |
| Month 3  | $69.12                   | $1589415.34                                |

### Schedule of Portfolio Investments

| Name                                           | Title                                                                           | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Valero Energy Corp                             | Valero Energy Corp                                                              | CUSIP: 91913YAE0<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |    170000 | PA      | $198005.80    | 0.44%             | 2032-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                            | Southern California Edison Co                                                   | CUSIP: 842400HM8<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    105000 | PA      | $90875.40     | 0.20%             | 2032-02-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: —       |
| TARGET CORP                                    | Target Corp                                                                     | CUSIP: 87612EBP0<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |    225000 | PA      | $226874.25    | 0.50%             | 2032-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| META PLATFORMS INC                             | Meta Platforms Inc                                                              | CUSIP: 30303M8H8<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    585000 | PA      | $544757.85    | 1.20%             | 2032-08-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| ANALOG DEVICES INC                             | Analog Devices Inc                                                              | CUSIP: 032654AY1<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | DBT              | CORP              | US        |     55000 | PA      | $53761.40     | 0.12%             | 2032-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ARROW ELECTRONICS INC                          | Arrow Electronics Inc                                                           | CUSIP: 04273WAC5<br>LEI: 549300YNNLBXT8N8R512 | Long             | DBT              | CORP              | US        |     90000 | PA      | $74853.90     | 0.16%             | 2032-02-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| ONE GAS INC                                    | ONE Gas Inc                                                                     | CUSIP: 68235PAM0<br>LEI: 549300HXDWI0LATTX840 | Long             | DBT              | CORP              | US        |     55000 | PA      | $53830.15     | 0.12%             | 2032-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| FORTUNE BRANDS INNOVATIO                       | Fortune Brands Innovations Inc                                                  | CUSIP: 34964CAF3<br>LEI: 54930032LHW54PQUJD44 | Long             | DBT              | CORP              | US        |     82000 | PA      | $74338.74     | 0.16%             | 2032-03-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMERIPRISE FINANCIAL INC                       | Ameriprise Financial Inc                                                        | CUSIP: 03076CAL0<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | DBT              | CORP              | US        |     85000 | PA      | $85441.15     | 0.19%             | 2032-05-13      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| ROYAL BANK OF CANADA                           | Royal Bank of Canada                                                            | CUSIP: 78016FZQ0<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    175000 | PA      | $164557.75    | 0.36%             | 2032-05-04      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                       | Constellation Brands Inc                                                        | CUSIP: 21036PBL1<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    165000 | PA      | $164985.15    | 0.36%             | 2032-05-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| UNIVERSAL HEALTH SVCS                          | Universal Health Services Inc                                                   | CUSIP: 913903AY6<br>LEI: 549300YGMGQDO0NMJD09 | Long             | DBT              | CORP              | US        |     40000 | PA      | $32328.80     | 0.07%             | 2032-01-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL                        | Southern Co Gas Capital Corp                                                    | CUSIP: 8426EPAF5<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |    125000 | PA      | $127515.00    | 0.28%             | 2032-09-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| QUALCOMM INC                                   | QUALCOMM Inc                                                                    | CUSIP: 747525BQ5<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |    110000 | PA      | $109810.80    | 0.24%             | 2032-05-20      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NUCOR CORP                                     | Nucor Corp                                                                      | CUSIP: 670346AV7<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | DBT              | CORP              | US        |    125000 | PA      | $111728.75    | 0.25%             | 2032-04-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| GATX CORP                                      | GATX Corp                                                                       | CUSIP: 361448BJ1<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87472.00     | 0.19%             | 2032-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                       | CenterPoint Energy Houston Electric LLC                                         | CUSIP: 15189XAX6<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |     55000 | PA      | $49393.85     | 0.11%             | 2032-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY SOUTH                          | Dominion Energy South Carolina Inc                                              | CUSIP: 837004BV1<br>LEI: 3QRVFYR22IUIEOORTK28 | Long             | DBT              | CORP              | US        |    115000 | PA      | $130652.65    | 0.29%             | 2032-02-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| JETBLUE 2019-1 CLASS AA                        | JetBlue 2019-1 Class AA Pass Through Trust                                      | CUSIP: 477143AH4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     99576 | PA      | $83406.87     | 0.18%             | 2032-05-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                                | McDonald's Corp                                                                 | CUSIP: 58013MFS8<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    180000 | PA      | $181828.80    | 0.40%             | 2032-09-09      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER                        | American Electric Power Co Inc                                                  | CUSIP: 025537AW1<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    120000 | PA      | $129075.60    | 0.28%             | 2032-11-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ConocoPhillips                                 | ConocoPhillips                                                                  | CUSIP: 20825CAF1<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | DBT              | CORP              | US        |     90000 | PA      | $100554.30    | 0.22%             | 2032-10-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: —       |
| ALABAMA POWER CO                               | Alabama Power Co                                                                | CUSIP: 010392FX1<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |    120000 | PA      | $107145.60    | 0.24%             | 2032-03-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                        | GLP Capital LP / GLP Financing II Inc                                           | CUSIP: 361841AR0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    160000 | PA      | $133188.80    | 0.29%             | 2032-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Weyerhaeuser Co                                | Weyerhaeuser Co                                                                 | CUSIP: 962166BR4<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | DBT              | CORP              | US        |    115000 | PA      | $133059.60    | 0.29%             | 2032-03-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CLOROX COMPANY                                 | Clorox Co/The                                                                   | CUSIP: 189054AZ2<br>LEI: 54930044KVSC06Z79I06 | Long             | DBT              | CORP              | US        |    115000 | PA      | $115157.55    | 0.25%             | 2032-05-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: —       |
| NATIONAL RURAL UTIL COOP                       | National Rural Utilities Cooperative Finance Corp                               | CUSIP: 637432CT0<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    100000 | PA      | $121845.00    | 0.27%             | 2032-03-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co                           | Kraft Heinz Foods Co                                                            | CUSIP: 42307TAG3<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     75000 | PA      | $83871.75     | 0.18%             | 2032-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                        | Oncor Electric Delivery Co LLC                                                  | CUSIP: 68233DAT4<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    115000 | PA      | $134632.80    | 0.30%             | 2032-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PIEDMONT HEALTHCARE INC                        | Piedmont Healthcare Inc                                                         | CUSIP: 72014TAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $48265.80     | 0.11%             | 2032-01-01      | Fixed         | 2.04%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                          | Duke Energy Carolinas LLC                                                       | CUSIP: 26442CBG8<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87552.00     | 0.19%             | 2032-03-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Credit Suisse USA Inc                          | Credit Suisse USA Inc                                                           | CUSIP: 22541LAE3<br>LEI: EXD7DEVFDH4HOFFQ7349 | Long             | DBT              | CORP              | US        |    155000 | PA      | $167944.05    | 0.37%             | 2032-07-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| ALABAMA POWER CO                               | Alabama Power Co                                                                | CUSIP: 010392FZ6<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |     80000 | PA      | $76083.20     | 0.17%             | 2032-09-01      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| CBOE GLOBAL MARKETS INC                        | Cboe Global Markets Inc                                                         | CUSIP: 12503MAD0<br>LEI: 529900RLNSGA90UPEH54 | Long             | DBT              | CORP              | US        |     75000 | PA      | $65505.00     | 0.14%             | 2032-03-16      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                            | Dominion Energy Inc                                                             | CUSIP: 25746UDR7<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    180000 | PA      | $185652.00    | 0.41%             | 2032-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| STARBUCKS CORP                                 | Starbucks Corp                                                                  | CUSIP: 855244BC2<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |    175000 | PA      | $155477.00    | 0.34%             | 2032-02-14      | Fixed         | 3.00%                 | No            |                  2 | On Loan: —       |
| WASTE MANAGEMENT INC                           | Waste Management Inc                                                            | CUSIP: 94106LBS7<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |    225000 | PA      | $221233.50    | 0.49%             | 2032-04-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: —       |
| HUMANA INC                                     | Humana Inc                                                                      | CUSIP: 444859BR2<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    130000 | PA      | $105606.80    | 0.23%             | 2032-02-03      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| DIAGEO CAPITAL PLC                             | Diageo Capital PLC                                                              | CUSIP: 25243YBE8<br>LEI: 213800L23DJLALFC4O95 | Long             | DBT              | CORP              | GB        |     95000 | PA      | $79047.60     | 0.17%             | 2032-04-29      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| SOUTHWEST GAS CORP                             | Southwest Gas Corp                                                              | CUSIP: 845011AE5<br>LEI: OQQR1IQTGBKH0UR88X59 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92167.00     | 0.20%             | 2032-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                           | Lockheed Martin Corp                                                            | CUSIP: 539830BR9<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    140000 | PA      | $135962.40    | 0.30%             | 2032-06-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                 | Morgan Stanley                                                                  | CUSIP: 617446HD4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    210000 | PA      | $246474.90    | 0.54%             | 2032-04-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                       | International Business Machines Corp                                            | CUSIP: 459200KN0<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    140000 | PA      | $121472.40    | 0.27%             | 2032-02-09      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| CHURCH & DWIGHT CO INC                         | Church & Dwight Co Inc                                                          | CUSIP: 17136MAC6<br>LEI: POOXSI30AWAQGYJZC921 | Long             | DBT              | CORP              | US        |    115000 | PA      | $123671.00    | 0.27%             | 2032-11-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| WASTE CONNECTIONS INC                          | Waste Connections Inc                                                           | CUSIP: 94106BAC5<br>LEI: 549300HDLRTPBQU69P29 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $83013.00     | 0.18%             | 2032-01-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL PLC                                 | Prudential PLC                                                                  | CUSIP: 74435KAB1<br>LEI: 5493001Z3ZE83NGK8Y12 | Long             | DBT              | CORP              | GB        |     60000 | PA      | $55285.80     | 0.12%             | 2032-03-24      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| APPALACHIAN POWER CO                           | Appalachian Power Co                                                            | CUSIP: 037735DA2<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |     90000 | PA      | $87535.80     | 0.19%             | 2032-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                        | Oncor Electric Delivery Co LLC                                                  | CUSIP: 68233JCF9<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39154.40     | 0.09%             | 2032-06-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| SUN COMMUNITIES OPER LP                        | Sun Communities Operating LP                                                    | CUSIP: 866677AH0<br>LEI: 549300PUNBPJCGT6X741 | Long             | DBT              |  | US        |    145000 | PA      | $133031.70    | 0.29%             | 2032-04-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                         | Pacific Gas and Electric Co                                                     | CUSIP: 694308KC0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     95000 | PA      | $86265.70     | 0.19%             | 2032-03-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT CO                       | Florida Power & Light Co                                                        | CUSIP: 341081GG6<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    260000 | PA      | $224541.20    | 0.49%             | 2032-02-03      | Fixed         | 2.45%                 | No            |                  2 | On Loan: —       |
| NOMURA HOLDINGS INC                            | Nomura Holdings Inc                                                             | CUSIP: 65535HBA6<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    165000 | PA      | $136455.00    | 0.30%             | 2032-01-22      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| JBS USA/FOOD/FINANCE                           | JBS USA LUX SA / JBS USA Food Co / JBS USA Finance Inc                          | CUSIP: 46590XAT3<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    110000 | PA      | $91966.60     | 0.20%             | 2032-01-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| DICK'S SPORTING GOODS                          | Dick's Sporting Goods Inc                                                       | CUSIP: 253393AF9<br>LEI: 529900SSBV5I4LWSK313 | Long             | DBT              | CORP              | US        |    130000 | PA      | $106373.80    | 0.23%             | 2032-01-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: —       |
| WELLTOWER OP LLC                               | Welltower OP LLC                                                                | CUSIP: 95040QAP9<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |     95000 | PA      | $77757.50     | 0.17%             | 2032-01-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                             | VICI Properties LP                                                              | CUSIP: 925650AD5<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              |  | US        |    310000 | PA      | $298368.80    | 0.66%             | 2032-05-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| DOLLAR GENERAL CORP                            | Dollar General Corp                                                             | CUSIP: 256677AL9<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |    165000 | PA      | $167410.65    | 0.37%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                       | Devon Energy Corp                                                               | CUSIP: 251799AA0<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |     50000 | PA      | $59141.00     | 0.13%             | 2032-04-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| CABOT CORP                                     | Cabot Corp                                                                      | CUSIP: 127055AM3<br>LEI: K05C0SER542GQ6VLRO68 | Long             | DBT              | CORP              | US        |     90000 | PA      | $87735.60     | 0.19%             | 2032-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AVERY DENNISON CORP                            | Avery Dennison Corp                                                             | CUSIP: 053611AM1<br>LEI: 549300PW7VPFCYKLIV37 | Long             | DBT              | CORP              | US        |     85000 | PA      | $67950.70     | 0.15%             | 2032-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                               | BAT Capital Corp                                                                | CUSIP: 05526DBW4<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    200000 | PA      | $184740.00    | 0.41%             | 2032-03-16      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                         | NextEra Energy Capital Holdings Inc                                             | CUSIP: 65339KBZ2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    220000 | PA      | $183719.80    | 0.40%             | 2032-01-15      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| JOHNSON CONTROLS/TYCO FI                       | Johnson Controls International plc / Tyco Fire & Security Finance SCA           | CUSIP: 47837RAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    100000 | PA      | $102933.00    | 0.23%             | 2032-12-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                      | Amgen Inc                                                                       | CUSIP: 031162CZ1<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    260000 | PA      | $210376.40    | 0.46%             | 2032-01-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HEALTHPEAK PROPERTIES                          | Healthpeak Properties Inc                                                       | CUSIP: 42250PAE3<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | DBT              |  | US        |     25000 | PA      | $25505.75     | 0.06%             | 2032-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                               | Progressive Corp/The                                                            | CUSIP: 743315AZ6<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |     80000 | PA      | $72267.20     | 0.16%             | 2032-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: —       |
| WORKDAY INC                                    | Workday Inc                                                                     | CUSIP: 98138HAJ0<br>LEI: 549300J0DYC0N31V7G13 | Long             | DBT              | CORP              | US        |    245000 | PA      | $224062.30    | 0.49%             | 2032-04-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                         | Marriott International Inc/MD                                                   | CUSIP: 571903BF9<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    215000 | PA      | $189774.05    | 0.42%             | 2032-10-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ARCELORMITTAL SA                               | ArcelorMittal SA                                                                | CUSIP: 03938LBF0<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $210316.00    | 0.46%             | 2032-11-29      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| MONDELEZ INTERNATIONAL                         | Mondelez International Inc                                                      | CUSIP: 609207BB0<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |    170000 | PA      | $150869.90    | 0.33%             | 2032-03-17      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| RELX CAPITAL INC                               | RELX Capital Inc                                                                | CUSIP: 74949LAE2<br>LEI: 2R15C3RTKJN1RCBOV146 | Long             | DBT              | CORP              | US        |    110000 | PA      | $109547.90    | 0.24%             | 2032-05-20      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC SERVICES INC                          | Republic Services Inc                                                           | CUSIP: 760759AZ3<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |    165000 | PA      | $132958.65    | 0.29%             | 2032-02-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                          | Norfolk Southern Corp                                                           | CUSIP: 655844CM8<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    145000 | PA      | $129242.85    | 0.28%             | 2032-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| JACKSON FINANCIAL INC                          | Jackson Financial Inc                                                           | CUSIP: 46817MAS6<br>LEI: 213800WXW2KG1N4CO374 | Long             | DBT              | CORP              | US        |     65000 | PA      | $64498.85     | 0.14%             | 2032-06-08      | Fixed         | 5.67%                 | No            |                  2 | On Loan: —       |
| SIMON PROPERTY GROUP LP                        | Simon Property Group LP                                                         | CUSIP: 828807DQ7<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |    164000 | PA      | $133415.64    | 0.29%             | 2032-01-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                      | Apple Inc                                                                       | CUSIP: 037833EP1<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    260000 | PA      | $242907.60    | 0.54%             | 2032-08-08      | Fixed         | 3.35%                 | No            |                  2 | On Loan: —       |
| BRISTOL-MYERS SQUIBB CO                        | Bristol-Myers Squibb Co                                                         | CUSIP: 110122DU9<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    305000 | PA      | $276461.15    | 0.61%             | 2032-03-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| RAYTHEON TECH CORP                             | Raytheon Technologies Corp                                                      | CUSIP: 75513ECN9<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    215000 | PA      | $180827.90    | 0.40%             | 2032-03-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| KEMPER CORP                                    | Kemper Corp                                                                     | CUSIP: 488401AD2<br>LEI: 549300FNI1JKTRY2PV09 | Long             | DBT              | CORP              | US        |     70000 | PA      | $61063.80     | 0.13%             | 2032-02-23      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| ENTERGY LOUISIANA LLC                          | Entergy Louisiana LLC                                                           | CUSIP: 29364WBH0<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |    110000 | PA      | $91478.20     | 0.20%             | 2032-06-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| HP INC                                         | HP Inc                                                                          | CUSIP: 40434LAL9<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |    195000 | PA      | $174072.60    | 0.38%             | 2032-04-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| ADVENTIST HEALTH SYS/W                         | Adventist Health System/West                                                    | CUSIP: 007944AH4<br>LEI: 5493008YM33UCY5QPW83 | Long             | DBT              | CORP              | US        |     45000 | PA      | $45942.30     | 0.10%             | 2032-03-01      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| AMERICA MOVIL SAB DE CV                        | America Movil SAB de CV                                                         | CUSIP: 02364WBK0<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |    130000 | PA      | $128245.00    | 0.28%             | 2032-07-21      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| WP CAREY INC                                   | WP Carey Inc                                                                    | CUSIP: 92936UAJ8<br>LEI: 54930042CRNE713E3Q67 | Long             | DBT              |  | US        |     50000 | PA      | $40808.50     | 0.09%             | 2032-02-01      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| WRKCo Inc                                      | WRKCo Inc                                                                       | CUSIP: 92940PAF1<br>LEI: 549300JEB576INN13W07 | Long             | DBT              | CORP              | US        |     85000 | PA      | $80562.15     | 0.18%             | 2032-06-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY OP LLC                            | Kimco Realty OP LLC                                                             | CUSIP: 49446RAZ2<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              |  | US        |    100000 | PA      | $86863.00     | 0.19%             | 2032-04-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                       | Warnermedia Holdings Inc                                                        | CUSIP: 55903VAL7<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    950000 | PA      | $844854.00    | 1.86%             | 2032-03-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP                       | Citizens Financial Group Inc                                                    | CUSIP: 174610AW5<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    140000 | PA      | $109639.60    | 0.24%             | 2032-09-30      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| UNIVERSAL HEALTH SVCS                          | Universal Health Services Inc                                                   | CUSIP: 913903BA7<br>LEI: 549300YGMGQDO0NMJD09 | Long             | DBT              | CORP              | US        |     85000 | PA      | $68698.70     | 0.15%             | 2032-01-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| FLOWSERVE CORPORATION                          | Flowserve Corp                                                                  | CUSIP: 34355JAB4<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | DBT              | CORP              | US        |     92000 | PA      | $73496.96     | 0.16%             | 2032-01-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC CO                                | DTE Electric Co                                                                 | CUSIP: 23338VAQ9<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |    130000 | PA      | $115914.50    | 0.26%             | 2032-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                    | Southern Co/The                                                                 | CUSIP: 842587DL8<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    165000 | PA      | $175989.00    | 0.39%             | 2032-10-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: —       |
| PILGRIM'S PRIDE CORP                           | Pilgrim's Pride Corp                                                            | CUSIP: 72147KAG3<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |    160000 | PA      | $130233.60    | 0.29%             | 2032-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UDR INC                                        | UDR Inc                                                                         | CUSIP: 90265EAT7<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              |  | US        |     70000 | PA      | $54868.10     | 0.12%             | 2032-08-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                       | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                       | CUSIP: 00774MAX3<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    755000 | PA      | $632561.65    | 1.39%             | 2032-01-30      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| TYCO ELECTRONICS GROUP S                       | Tyco Electronics Group SA                                                       | CUSIP: 902133AY3<br>LEI: C33G1C5SYE2YM95EE712 | Long             | DBT              | CORP              | LU        |     70000 | PA      | $60107.60     | 0.13%             | 2032-02-04      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                       | Toyota Motor Credit Corp                                                        | CUSIP: 89236TJW6<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    120000 | PA      | $102946.80    | 0.23%             | 2032-01-13      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| SUZANO AUSTRIA GMBH                            | Suzano Austria GmbH                                                             | CUSIP: 86964WAK8<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | CORP              | AT        |    175000 | PA      | $139431.25    | 0.31%             | 2032-01-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| PENTAIR FINANCE SARL                           | Pentair Finance Sarl                                                            | CUSIP: 709629AS8<br>LEI: 549300H2U8U8TZPV3T89 | Long             | DBT              | CORP              | LU        |     55000 | PA      | $56920.60     | 0.13%             | 2032-07-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| UNION ELECTRIC CO                              | Union Electric Co                                                               | CUSIP: 906548CT7<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |    145000 | PA      | $119319.05    | 0.26%             | 2032-03-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                       | National Rural Utilities Cooperative Finance Corp                               | CUSIP: 637432NY7<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    110000 | PA      | $94516.40     | 0.21%             | 2032-04-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                       | CenterPoint Energy Houston Electric LLC                                         | CUSIP: 15189XAZ1<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |    105000 | PA      | $105159.60    | 0.23%             | 2032-10-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                       | American Water Capital Corp                                                     | CUSIP: 03040WBA2<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |    175000 | PA      | $174391.00    | 0.38%             | 2032-06-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: —       |
| ROGERS COMMUNICATIONS IN                       | Rogers Communications Inc                                                       | CUSIP: 775109CC3<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |    345000 | PA      | $310479.30    | 0.68%             | 2032-03-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                       | Marsh & McLennan Cos Inc                                                        | CUSIP: 571748BR2<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    130000 | PA      | $140974.60    | 0.31%             | 2032-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BlackRock Funds III                            | BlackRock Cash Funds: Institutional, SL Agency Shares                           | CUSIP: 066922519<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |   5242859 | NS      | $5246004.31   | 11.56%            |  |  |  | No            |                  1 | On Loan: No      |
| JEFFERIES FIN GROUP INC                        | Jefferies Financial Group Inc                                                   | CUSIP: 47233JDX3<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |    130000 | PA      | $103755.60    | 0.23%             | 2032-10-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                      | ONEOK Inc                                                                       | CUSIP: 682680BG7<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    170000 | PA      | $178561.20    | 0.39%             | 2032-11-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RAILWAY                          | Canadian National Railway Co                                                    | CUSIP: 136375DC3<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | DBT              | CORP              | CA        |    140000 | PA      | $135312.80    | 0.30%             | 2032-08-05      | Fixed         | 3.85%                 | No            |                  2 | On Loan: —       |
| CHARLES SCHWAB CORP                            | Charles Schwab Corp/The                                                         | CUSIP: 808513CA1<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    200000 | PA      | $177320.00    | 0.39%             | 2032-03-03      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                 | Home Depot Inc/The                                                              | CUSIP: 437076CP5<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    205000 | PA      | $188546.70    | 0.42%             | 2032-04-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| APTIV PLC / APTIV CORP                         | Aptiv PLC / Aptiv Corp                                                          | CUSIP: 00217GAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |    140000 | PA      | $120988.00    | 0.27%             | 2032-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: —       |
| JOHNS HOPKINS UNIVERSITY                       | Johns Hopkins University                                                        | CUSIP: 478115AH1<br>LEI: 549300Z1XKWYKTIOM958 | Long             | DBT              | CORP              | US        |     90000 | PA      | $93144.60     | 0.21%             | 2032-07-01      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| ARCHER-DANIELS-MIDLAND C                       | Archer-Daniels-Midland Co                                                       | CUSIP: 039482AD6<br>LEI: 549300LO13MQ9HYSTR83 | Long             | DBT              | CORP              | US        |    185000 | PA      | $166414.90    | 0.37%             | 2032-03-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                    | Oracle Corp                                                                     | CUSIP: 68389XCJ2<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    420000 | PA      | $456645.00    | 1.01%             | 2032-11-09      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY CO                            | Consumers Energy Co                                                             | CUSIP: 210518DP8<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |     55000 | PA      | $51645.00     | 0.11%             | 2032-08-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                         | BP Capital Markets America Inc                                                  | CUSIP: 10373QBT6<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    350000 | PA      | $305931.50    | 0.67%             | 2032-01-12      | Fixed         | 2.72%                 | No            |                  2 | On Loan: —       |
| TWDC Enterprises 18 Corp                       | TWDC Enterprises 18 Corp                                                        | CUSIP: 25468PBW5<br>LEI: 7260JQNI6SCF9FIV2392 | Long             | DBT              | CORP              | US        |    135000 | PA      | $157719.15    | 0.35%             | 2032-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                     | Intel Corp                                                                      | CUSIP: 458140CA6<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    220000 | PA      | $210203.40    | 0.46%             | 2032-08-05      | Fixed         | 4.15%                 | No            |                  2 | On Loan: —       |
| CHENIERE ENERGY PARTNERS                       | Cheniere Energy Partners LP                                                     | CUSIP: 16411QAN1<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |    210000 | PA      | $175282.80    | 0.39%             | 2032-01-31      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                            | Global Payments Inc                                                             | CUSIP: 37940XAQ5<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    130000 | PA      | $130469.30    | 0.29%             | 2032-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                       | Intercontinental Exchange Inc                                                   | CUSIP: 45866FAN4<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    348000 | PA      | $273479.28    | 0.60%             | 2032-09-15      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                            | PayPal Holdings Inc                                                             | CUSIP: 70450YAL7<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |    215000 | PA      | $210659.15    | 0.46%             | 2032-06-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                          | Micron Technology Inc                                                           | CUSIP: 595112BS1<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    200000 | PA      | $159584.00    | 0.35%             | 2032-04-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| NORTHERN TRUST CORP                            | Northern Trust Corp                                                             | CUSIP: 665859AX2<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |    190000 | PA      | $208787.20    | 0.46%             | 2032-11-02      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| GE CAPITAL FUNDING LLC                         | GE Capital Funding LLC                                                          | CUSIP: 36166NAK9<br>LEI: 549300XAGH9TOLX5XM67 | Long             | DBT              | CORP              | US        |    125000 | PA      | $123693.75    | 0.27%             | 2032-05-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FIN I UK PLC                        | Brookfield Finance I UK Plc / Brookfield Finance Inc                            | CUSIP: 11272BAA1<br>LEI: 213800JCKNPJE9FDCJ76 | Long             | DBT              | CORP              | GB        |    145000 | PA      | $116996.15    | 0.26%             | 2032-01-30      | Fixed         | 2.34%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                        | Public Service Electric and Gas Co                                              | CUSIP: 74456QCK0<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |     75000 | PA      | $78081.75     | 0.17%             | 2032-12-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| ADVANCE AUTO PARTS                             | Advance Auto Parts Inc                                                          | CUSIP: 00751YAG1<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |     65000 | PA      | $55317.60     | 0.12%             | 2032-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                         | General Motors Financial Co Inc                                                 | CUSIP: 37045XDS2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    240000 | PA      | $198957.60    | 0.44%             | 2032-01-12      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| DCP MIDSTREAM OPERATING                        | DCP Midstream Operating LP                                                      | CUSIP: 23311VAK3<br>LEI: 549300Y6CTBSE0QIPL28 | Long             | DBT              | CORP              | US        |     70000 | PA      | $60713.80     | 0.13%             | 2032-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                  | Citigroup Inc                                                                   | CUSIP: 172967BL4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    185000 | PA      | $202817.35    | 0.45%             | 2032-06-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| ORIX CORP                                      | ORIX Corp                                                                       | CUSIP: 686330AR2<br>LEI: 35380016EMHNBOVYE123 | Long             | DBT              | CORP              | JP        |     60000 | PA      | $61001.40     | 0.13%             | 2032-09-13      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| SAFEHOLD OPERATING PARTN                       | Safehold Operating Partnership LP                                               | CUSIP: 78646UAB5<br>LEI: 54930012UY5Z4Q8NL108 | Long             | DBT              |  | US        |     70000 | PA      | $55219.50     | 0.12%             | 2032-01-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RESOURCES                        | Canadian Natural Resources Ltd                                                  | CUSIP: 136385AC5<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |     95000 | PA      | $106143.50    | 0.23%             | 2032-01-15      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| GLOBE LIFE INC                                 | Globe Life Inc                                                                  | CUSIP: 37959EAB8<br>LEI: 5493001JFHKQOPP6XA71 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74077.50     | 0.16%             | 2032-06-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                          | Toronto-Dominion Bank/The                                                       | CUSIP: 89115A2E1<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    395000 | PA      | $387771.50    | 0.85%             | 2032-06-08      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| General Electric Co                            | General Electric Co                                                             | CUSIP: 36962GXZ2<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |    230000 | PA      | $264707.00    | 0.58%             | 2032-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| NATIONAL RURAL UTIL COOP                       | National Rural Utilities Cooperative Finance Corp                               | CUSIP: 637432MS1<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     55000 | PA      | $52053.10     | 0.11%             | 2032-11-01      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| ALLEGION US HOLDING CO                         | Allegion US Holding Co Inc                                                      | CUSIP: 01748TAC5<br>LEI: 5493002B66JX7J7SXI33 | Long             | DBT              | CORP              | US        |    105000 | PA      | $106787.10    | 0.24%             | 2032-07-01      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                        | Oncor Electric Delivery Co LLC                                                  | CUSIP: 68233JCK8<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    155000 | PA      | $156622.85    | 0.35%             | 2032-09-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| ORIX CORP                                      | ORIX Corp                                                                       | CUSIP: 686330AP6<br>LEI: 35380016EMHNBOVYE123 | Long             | DBT              | CORP              | JP        |    115000 | PA      | $106706.20    | 0.24%             | 2032-04-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BOARDWALK PIPELINES LP                         | Boardwalk Pipelines LP                                                          | CUSIP: 096630AJ7<br>LEI: 549300W6AQ2GHHCGL606 | Long             | DBT              | CORP              | US        |    125000 | PA      | $108951.25    | 0.24%             | 2032-09-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COLORADO                        | Public Service Co of Colorado                                                   | CUSIP: 744448CW9<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |    115000 | PA      | $111985.85    | 0.25%             | 2032-06-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: —       |
| BANK OF NY MELLON CORP                         | Bank of New York Mellon Corp/The                                                | CUSIP: 06406RBB2<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     80000 | PA      | $67692.00     | 0.15%             | 2032-01-26      | Fixed         | 2.50%                 | No            |                  2 | On Loan: —       |
| HCA INC                                        | HCA Inc                                                                         | CUSIP: 404119CF4<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    395000 | PA      | $350025.30    | 0.77%             | 2032-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| STANLEY BLACK & DECKER I                       | Stanley Black & Decker Inc                                                      | CUSIP: 854502AQ4<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |     90000 | PA      | $77994.00     | 0.17%             | 2032-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP                                 | Whirlpool Corp                                                                  | CUSIP: 963320AZ9<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |     35000 | PA      | $34407.45     | 0.08%             | 2032-05-14      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                      | Amgen Inc                                                                       | CUSIP: 031162DE7<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    175000 | PA      | $158506.25    | 0.35%             | 2032-02-22      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| WESTERN DIGITAL CORP                           | Western Digital Corp                                                            | CUSIP: 958102AR6<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |    115000 | PA      | $88303.90     | 0.19%             | 2032-02-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                         | Verizon Communications Inc                                                      | CUSIP: 92343VGN8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    855000 | PA      | $704460.15    | 1.55%             | 2032-03-15      | Fixed         | 2.36%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                    | PepsiCo Inc                                                                     | CUSIP: 713448FM5<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    235000 | PA      | $229616.15    | 0.51%             | 2032-07-18      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                               | Duke Energy Corp                                                                | CUSIP: 26441CBT1<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    250000 | PA      | $243452.50    | 0.54%             | 2032-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                               | Altria Group Inc                                                                | CUSIP: 02209SBL6<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    350000 | PA      | $272492.50    | 0.60%             | 2032-02-04      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO G & E                                | San Diego Gas & Electric Co                                                     | CUSIP: 797440CB8<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |     90000 | PA      | $79668.00     | 0.18%             | 2032-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SONOCO PRODUCTS CO                             | Sonoco Products Co                                                              | CUSIP: 835495AP7<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | DBT              | CORP              | US        |     90000 | PA      | $76853.70     | 0.17%             | 2032-02-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Bio-Rad Laboratories Inc                       | Bio-Rad Laboratories Inc                                                        | CUSIP: 090572AQ1<br>LEI: 549300ZC1GPV35XYDK53 | Long             | DBT              | CORP              | US        |    145000 | PA      | $131687.55    | 0.29%             | 2032-03-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                        | John Deere Capital Corp                                                         | CUSIP: 24422EWL9<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    145000 | PA      | $145896.10    | 0.32%             | 2032-09-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER CO                               | Georgia Power Co                                                                | CUSIP: 373334KQ3<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |     65000 | PA      | $64703.60     | 0.14%             | 2032-05-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| COLGATE-PALMOLIVE CO                           | Colgate-Palmolive Co                                                            | CUSIP: 194162AP8<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | DBT              | CORP              | US        |    145000 | PA      | $136202.85    | 0.30%             | 2032-08-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                         | Extra Space Storage LP                                                          | CUSIP: 30225VAG2<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              |  | US        |    105000 | PA      | $83360.55     | 0.18%             | 2032-03-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                    | PROLOGIS LP                                                                     | CUSIP: 74340XCB5<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |     85000 | PA      | $71110.15     | 0.16%             | 2032-01-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC                       | Duke Energy Progress LLC                                                        | CUSIP: 26442UAN4<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |     70000 | PA      | $64179.50     | 0.14%             | 2032-04-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| ASSURANT INC                                   | Assurant Inc                                                                    | CUSIP: 04621XAN8<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | DBT              | CORP              | US        |     85000 | PA      | $65690.55     | 0.14%             | 2032-01-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                   | Broadcom Inc                                                                    | CUSIP: 11135FBT7<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    255000 | PA      | $232896.60    | 0.51%             | 2032-04-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                       | Corebridge Financial Inc                                                        | CUSIP: 21871XAG4<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |    305000 | PA      | $277726.90    | 0.61%             | 2032-04-05      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| LINCOLN NATIONAL CORP                          | Lincoln National Corp                                                           | CUSIP: 534187BQ1<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |     50000 | PA      | $43170.50     | 0.10%             | 2032-03-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| WISCONSIN POWER & LIGHT                        | Wisconsin Power and Light Co                                                    | CUSIP: 976826BQ9<br>LEI: JWBYHVQVMY66CVCOSO49 | Long             | DBT              | CORP              | US        |    125000 | PA      | $119275.00    | 0.26%             | 2032-09-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                          | Toronto-Dominion Bank/The                                                       | CUSIP: 89114TZQ8<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |     95000 | PA      | $79732.55     | 0.18%             | 2032-01-12      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                       | Thermo Fisher Scientific Inc                                                    | CUSIP: 883556CU4<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |    105000 | PA      | $110236.35    | 0.24%             | 2032-11-21      | Fixed         | 4.95%                 | No            |                  2 | On Loan: —       |
| RPM INTERNATIONAL INC                          | RPM International Inc                                                           | CUSIP: 749685AY9<br>LEI: 549300TJCKW4BRXPJ474 | Long             | DBT              | CORP              | US        |     70000 | PA      | $57658.30     | 0.13%             | 2032-01-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                        | Simon Property Group LP                                                         | CUSIP: 828807DT1<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |    115000 | PA      | $97022.05     | 0.21%             | 2032-02-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| TAKE-TWO INTERACTIVE SOF                       | Take-Two Interactive Software Inc                                               | CUSIP: 874054AH2<br>LEI: BOMSTHHJK882EWYX3334 | Long             | DBT              | CORP              | US        |    125000 | PA      | $116912.50    | 0.26%             | 2032-04-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| JETBLUE AIRWAYS CORP                           | JetBlue 2020-1 Class A Pass Through Trust                                       | CUSIP: 477164AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     78221 | PA      | $70956.14     | 0.16%             | 2032-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CARLISLE COS INC                               | Carlisle Cos Inc                                                                | CUSIP: 142339AL4<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79874.00     | 0.18%             | 2032-03-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| GSK CONSUMER HEALTHCARE                        | GSK Consumer Healthcare Capital US LLC                                          | CUSIP: 36264FAM3<br>LEI: 549300N8C3A3L0UVQB07 | Long             | DBT              | CORP              | US        |    370000 | PA      | $339526.80    | 0.75%             | 2032-03-24      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                         | Pacific Gas and Electric Co                                                     | CUSIP: 694308KG1<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    120000 | PA      | $120877.20    | 0.27%             | 2032-06-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| HONDA MOTOR CO LTD                             | Honda Motor Co Ltd                                                              | CUSIP: 438127AC6<br>LEI: 549300P7ZYCQJ36CCS16 | Long             | DBT              | CORP              | JP        |    130000 | PA      | $115843.00    | 0.26%             | 2032-03-10      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS CO                              | General Motors Co                                                               | CUSIP: 37045VAZ3<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |    245000 | PA      | $241890.95    | 0.53%             | 2032-10-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: —       |
| CANADIAN IMPERIAL BANK                         | Canadian Imperial Bank of Commerce                                              | CUSIP: 13607HR53<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    215000 | PA      | $197978.45    | 0.44%             | 2032-04-07      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Eaton Corp                                     | Eaton Corp                                                                      | CUSIP: 278062AD6<br>LEI: 0NZWDMRCE180888QQE14 | Long             | DBT              | CORP              | US        |    165000 | PA      | $158206.95    | 0.35%             | 2032-11-02      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                               | T-Mobile USA Inc                                                                | CUSIP: 87264ACQ6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    200000 | PA      | $169240.00    | 0.37%             | 2032-03-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| GENUINE PARTS CO                               | Genuine Parts Co                                                                | CUSIP: 372460AC9<br>LEI: 549300D46DQVEU651W04 | Long             | DBT              | CORP              | US        |     90000 | PA      | $75084.30     | 0.17%             | 2032-02-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| AUTONATION INC                                 | AutoNation Inc                                                                  | CUSIP: 05329RAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $101516.40    | 0.22%             | 2032-03-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: —       |
| AVALONBAY COMMUNITIES                          | AvalonBay Communities Inc                                                       | CUSIP: 053484AB7<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              |  | US        |    120000 | PA      | $98907.60     | 0.22%             | 2032-01-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Unilever Capital Corp                          | Unilever Capital Corp                                                           | CUSIP: 904764AH0<br>LEI: MYF1DAS6G5WY7PRWCU78 | Long             | DBT              | CORP              | US        |    175000 | PA      | $196885.50    | 0.43%             | 2032-11-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                   | Comcast Corp                                                                    | CUSIP: 20030NEB3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    215000 | PA      | $231286.25    | 0.51%             | 2032-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TUCSON ELECTRIC POWER CO                       | Tucson Electric Power Co                                                        | CUSIP: 898813AU4<br>LEI: YLF139GXSRKPBBTNZL03 | Long             | DBT              | CORP              | US        |     60000 | PA      | $53121.00     | 0.12%             | 2032-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                          | Toronto-Dominion Bank/The                                                       | CUSIP: 89114TZV7<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    305000 | PA      | $273554.50    | 0.60%             | 2032-03-10      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| EXELON CORP                                    | Exelon Corp                                                                     | CUSIP: 30161NBE0<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    125000 | PA      | $112876.25    | 0.25%             | 2032-03-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| WASTE CONNECTIONS INC                          | Waste Connections Inc                                                           | CUSIP: 94106BAE1<br>LEI: 549300HDLRTPBQU69P29 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $89625.00     | 0.20%             | 2032-06-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                            | Southern California Edison Co                                                   | CUSIP: 842400HT3<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    140000 | PA      | $152539.80    | 0.34%             | 2032-11-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| BELL CANADA                                    | Bell Telephone Co of Canada or Bell Canada/The                                  | CUSIP: 0778FPAG4<br>LEI: 549300JYAVAQRV5MNZ86 | Long             | DBT              | CORP              | CA        |    105000 | PA      | $85872.15     | 0.19%             | 2032-02-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| KEY BANK NA                                    | KeyBank NA/Cleveland OH                                                         | CUSIP: 49327V2C7<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |    130000 | PA      | $126869.60    | 0.28%             | 2032-08-08      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| TEXAS EASTERN TRANSMISSI                       | Texas Eastern Transmission LP                                                   | CUSIP: 882389CC1<br>LEI: 549300SIOULUXXIDGA69 | Long             | DBT              | CORP              | US        |    110000 | PA      | $126798.10    | 0.28%             | 2032-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| PROGRESSIVE CORP                               | Progressive Corp/The                                                            | CUSIP: 743315AL7<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |     75000 | PA      | $84714.00     | 0.19%             | 2032-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC                              | Brown & Brown Inc                                                               | CUSIP: 115236AE1<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |    135000 | PA      | $123600.60    | 0.27%             | 2032-03-17      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                        | MPLX LP                                                                         | CUSIP: 55336VBU3<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    175000 | PA      | $172501.00    | 0.38%             | 2032-09-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ALBEMARLE CORP                                 | Albemarle Corp                                                                  | CUSIP: 012653AE1<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | DBT              | CORP              | US        |    105000 | PA      | $103892.25    | 0.23%             | 2032-06-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                         | Williams Cos Inc/The                                                            | CUSIP: 969457BM1<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     80000 | PA      | $98655.20     | 0.22%             | 2032-03-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                             | Realty Income Corp                                                              | CUSIP: 756109BP8<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |    175000 | PA      | $185577.00    | 0.41%             | 2032-10-13      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| LEAR CORP                                      | Lear Corp                                                                       | CUSIP: 521865BC8<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | DBT              | CORP              | US        |     60000 | PA      | $47097.60     | 0.10%             | 2032-01-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL INFO SERV                        | Fidelity National Information Services Inc                                      | CUSIP: 31620MBY1<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |    170000 | PA      | $170681.70    | 0.38%             | 2032-07-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: —       |
| KINDER MORGAN ENER PART                        | Kinder Morgan Energy Partners LP                                                | CUSIP: 494550AL0<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     50000 | PA      | $57387.50     | 0.13%             | 2032-03-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ELECTRIC POWER                       | Wisconsin Electric Power Co                                                     | CUSIP: 976656CN6<br>LEI: AENKIFMULUAWOUU8Q584 | Long             | DBT              | CORP              | US        |     95000 | PA      | $96857.25     | 0.21%             | 2032-09-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MANULIFE FINANCIAL CORP                        | Manulife Financial Corp                                                         | CUSIP: 56501RAN6<br>LEI: 5493007GBX87QOZACS27 | Long             | DBT              | CORP              | CA        |    170000 | PA      | $157799.10    | 0.35%             | 2032-03-16      | Fixed         | 3.70%                 | No            |                  2 | On Loan: —       |
| ECOLAB INC                                     | Ecolab Inc                                                                      | CUSIP: 278865BM1<br>LEI: 82DYEISM090VG8LTLS26 | Long             | DBT              | CORP              | US        |    155000 | PA      | $129593.95    | 0.29%             | 2032-02-01      | Fixed         | 2.13%                 | No            |                  2 | On Loan: —       |
| BAXTER INTERNATIONAL INC                       | Baxter International Inc                                                        | CUSIP: 071813CQ0<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |     15000 | PA      | $12283.05     | 0.03%             | 2032-02-01      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                              | Kinder Morgan Inc                                                               | CUSIP: 28368EAE6<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    220000 | PA      | $256412.20    | 0.56%             | 2032-01-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| PUGET ENERGY INC                               | Puget Energy Inc                                                                | CUSIP: 745310AN2<br>LEI: SYBSJ96YIDMIUY7WDR33 | Long             | DBT              | CORP              | US        |     80000 | PA      | $73212.80     | 0.16%             | 2032-03-15      | Fixed         | 4.22%                 | No            |                  2 | On Loan: —       |
| AMER AIRLINE 19-1AA PTT                        | American Airlines 2019-1 Class AA Pass Through Trust                            | CUSIP: 02377LAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     90765 | PA      | $77054.08     | 0.17%             | 2032-02-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| QUALCOMM INC                                   | QUALCOMM Inc                                                                    | CUSIP: 747525BP7<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |    255000 | PA      | $204803.25    | 0.45%             | 2032-05-20      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE                         | Arizona Public Service Co                                                       | CUSIP: 040555DE1<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |     61000 | PA      | $66834.65     | 0.15%             | 2032-12-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                       | AT&T Inc                                                                        | CUSIP: 00206RKH4<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    485000 | PA      | $396264.40    | 0.87%             | 2032-02-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| KLA CORP                                       | KLA Corp                                                                        | CUSIP: 482480AL4<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |    175000 | PA      | $177768.50    | 0.39%             | 2032-07-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: —       |
| MOODY'S CORPORATION                            | Moody's Corp                                                                    | CUSIP: 615369AZ8<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |    140000 | PA      | $135968.00    | 0.30%             | 2032-08-08      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                             | Vodafone Group PLC                                                              | CUSIP: 92857WAB6<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |     90000 | PA      | $98838.90     | 0.22%             | 2032-11-30      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| FAIRFAX FINL HLDGS LTD                         | Fairfax Financial Holdings Ltd                                                  | CUSIP: 303901BK7<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |    155000 | PA      | $150985.50    | 0.33%             | 2032-08-16      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| EBAY INC                                       | eBay Inc                                                                        | CUSIP: 278642BB8<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |     80000 | PA      | $87194.40     | 0.19%             | 2032-11-22      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| COCA-COLA FEMSA SAB CV                         | Coca-Cola Femsa SAB de CV                                                       | CUSIP: 191241AJ7<br>LEI: 5493008KEVFYPMGTXO33 | Long             | DBT              | CORP              | MX        |    165000 | PA      | $131386.20    | 0.29%             | 2032-09-01      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                        | John Deere Capital Corp                                                         | CUSIP: 24422EWH8<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     90000 | PA      | $87378.30     | 0.19%             | 2032-06-07      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                       | National Rural Utilities Cooperative Finance Corp                               | CUSIP: 637432NZ4<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    110000 | PA      | $105605.50    | 0.23%             | 2032-12-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| ZOETIS INC                                     | Zoetis Inc                                                                      | CUSIP: 98978VAV5<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |    130000 | PA      | $139929.40    | 0.31%             | 2032-11-16      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                       | Alexandria Real Estate Equities Inc                                             | CUSIP: 015271AW9<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |    169000 | PA      | $134860.31    | 0.30%             | 2032-05-18      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                          | Texas Instruments Inc                                                           | CUSIP: 882508BP8<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48013.50     | 0.11%             | 2032-08-16      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                         | NextEra Energy Capital Holdings Inc                                             | CUSIP: 65339KCJ7<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    175000 | PA      | $178052.00    | 0.39%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                       | International Business Machines Corp                                            | CUSIP: 459200KU4<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    180000 | PA      | $177078.60    | 0.39%             | 2032-07-27      | Fixed         | 4.40%                 | No            |                  2 | On Loan: —       |
| Grupo Televisa SAB                             | Grupo Televisa SAB                                                              | CUSIP: 40049JAT4<br>LEI: 549300O4AF0C816ILN62 | Long             | DBT              | CORP              | MX        |     55000 | PA      | $66464.75     | 0.15%             | 2032-03-11      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| ADVANCED MICRO DEVICES                         | Advanced Micro Devices Inc                                                      | CUSIP: 007903BF3<br>LEI: R2I72C950HOYXII45366 | Long             | DBT              | CORP              | US        |    130000 | PA      | $124343.70    | 0.27%             | 2032-06-01      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| TSMC ARIZONA CORP                              | TSMC Arizona Corp                                                               | CUSIP: 872898AH4<br>LEI: 2549005GOBWLCSY63Q97 | Long             | DBT              | CORP              | US        |    175000 | PA      | $174035.75    | 0.38%             | 2032-04-22      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ESSEX PORTFOLIO LP                             | Essex Portfolio LP                                                              | CUSIP: 29717PAV9<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              |  | US        |    115000 | PA      | $94912.95     | 0.21%             | 2032-03-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: —       |
| BAXTER INTERNATIONAL INC                       | Baxter International Inc                                                        | CUSIP: 071813CS6<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |    260000 | PA      | $212906.20    | 0.47%             | 2032-02-01      | Fixed         | 2.54%                 | No            |                  2 | On Loan: —       |
| XCEL ENERGY INC                                | Xcel Energy Inc                                                                 | CUSIP: 98388MAD9<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99014.00     | 0.22%             | 2032-06-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                         | UnitedHealth Group Inc                                                          | CUSIP: 91324PEJ7<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    300000 | PA      | $295698.00    | 0.65%             | 2032-05-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CME GROUP INC                                  | CME Group Inc                                                                   | CUSIP: 12572QAK1<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | DBT              | CORP              | US        |    155000 | PA      | $135398.70    | 0.30%             | 2032-03-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                       | International Business Machines Corp                                            | CUSIP: 459200BB6<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |     90000 | PA      | $98802.00     | 0.22%             | 2032-11-29      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                          | Duke Energy Carolinas LLC                                                       | CUSIP: 264399ED4<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     60000 | PA      | $67221.60     | 0.15%             | 2032-10-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Marathon Oil Corp                              | Marathon Oil Corp                                                               | CUSIP: 565849AB2<br>LEI: 1FRVQX2CRLGC1XLP5727 | Long             | DBT              | CORP              | US        |    120000 | PA      | $128898.00    | 0.28%             | 2032-03-15      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                         | NXP BV / NXP Funding LLC / NXP USA Inc                                          | CUSIP: 62954HAJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    215000 | PA      | $176093.60    | 0.39%             | 2032-02-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                            | Dominion Energy Inc                                                             | CUSIP: 25746UDP1<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     55000 | PA      | $53107.45     | 0.12%             | 2032-08-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| BECTON DICKINSON AND CO                        | Becton Dickinson and Co                                                         | CUSIP: 075887CP2<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |    135000 | PA      | $131781.60    | 0.29%             | 2032-08-22      | Fixed         | 4.30%                 | No            |                  2 | On Loan: —       |
| MOTOROLA SOLUTIONS INC                         | Motorola Solutions Inc                                                          | CUSIP: 620076BW8<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |    145000 | PA      | $147399.75    | 0.32%             | 2032-06-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                            | Elevance Health Inc                                                             | CUSIP: 036752AW3<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    115000 | PA      | $122317.45    | 0.27%             | 2032-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| Suncor Energy Inc                              | Suncor Energy Inc                                                               | CUSIP: 867229AC0<br>LEI: 549300W70ZOQDVLCHY06 | Long             | DBT              | CORP              | CA        |     85000 | PA      | $95299.45     | 0.21%             | 2032-02-01      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                            | Sherwin-Williams Co/The                                                         | CUSIP: 824348BN5<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |    120000 | PA      | $98666.40     | 0.22%             | 2032-03-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| O'REILLY AUTOMOTIVE INC                        | O'Reilly Automotive Inc                                                         | CUSIP: 67103HAL1<br>LEI: 549300K2RLMQL149Q332 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149688.00    | 0.33%             | 2032-06-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| TRITON CONTAINER/TAL INT                       | Triton Container International Ltd / TAL International Container Corp           | CUSIP: 89681LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    115000 | PA      | $93407.60     | 0.21%             | 2032-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                 | Amazon.com Inc                                                                  | CUSIP: 023135CR5<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    440000 | PA      | $450419.20    | 0.99%             | 2032-12-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| PULTEGROUP INC                                 | PulteGroup Inc                                                                  | CUSIP: 745867AM3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $57548.00     | 0.13%             | 2032-06-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ARCHER-DANIELS-MIDLAND C                       | Archer-Daniels-Midland Co                                                       | CUSIP: 039483AT9<br>LEI: 549300LO13MQ9HYSTR83 | Long             | DBT              | CORP              | US        |     80000 | PA      | $88832.80     | 0.20%             | 2032-10-01      | Fixed         | 5.94%                 | No            |                  2 | On Loan: No      |
| APTARGROUP INC                                 | AptarGroup Inc                                                                  | CUSIP: 038336AA1<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | DBT              | CORP              | US        |     70000 | PA      | $61199.60     | 0.13%             | 2032-03-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                 | S&P Global Inc                                                                  | CUSIP: 78409VBC7<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |    300000 | PA      | $265695.00    | 0.59%             | 2032-03-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| NEWMONT CORP                                   | Newmont Corp                                                                    | CUSIP: 651639AZ9<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |    175000 | PA      | $146462.75    | 0.32%             | 2032-07-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                             | Union Pacific Corp                                                              | CUSIP: 907818FX1<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    255000 | PA      | $225807.60    | 0.50%             | 2032-02-14      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| AGREE LP                                       | Agree LP                                                                        | CUSIP: 008513AD5<br>LEI: 549300DXY3G299V1BO77 | Long             | DBT              |  | US        |     75000 | PA      | $72613.50     | 0.16%             | 2032-10-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                        | Public Service Electric and Gas Co                                              | CUSIP: 74456QCJ3<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |    110000 | PA      | $99680.90     | 0.22%             | 2032-03-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                       | Celanese US Holdings LLC                                                        | CUSIP: 15089QAP9<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201520.00    | 0.44%             | 2032-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| CHARTER COMM OPT LLC/CAP                       | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175BX1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    215000 | PA      | $164963.05    | 0.36%             | 2032-02-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| AUTOZONE INC                                   | AutoZone Inc                                                                    | CUSIP: 053332BB7<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |    180000 | PA      | $180419.40    | 0.40%             | 2032-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CINTAS CORPORATION NO. 2                       | Cintas Corp No 2                                                                | CUSIP: 17252MAQ3<br>LEI: 549300QVUQTTKMTE0G41 | Long             | DBT              | CORP              | US        |    130000 | PA      | $126283.30    | 0.28%             | 2032-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| PIEDMONT OPERATING PARTN                       | Piedmont Operating Partnership LP                                               | CUSIP: 720198AF7<br>LEI: 549300WKGDPAS39FBD10 | Long             | DBT              |  | US        |     50000 | PA      | $36688.00     | 0.08%             | 2032-04-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT                          | American Homes 4 Rent LP                                                        | CUSIP: 02666TAE7<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              | CORP              | US        |    140000 | PA      | $124420.80    | 0.27%             | 2032-04-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Target Corp                                    | Target Corp                                                                     | CUSIP: 87612EAK2<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |     50000 | PA      | $56801.50     | 0.13%             | 2032-11-01      | Fixed         | 6.35%                 | No            |                  2 | On Loan: —       |
| PHILIP MORRIS INTL INC                         | Philip Morris International Inc                                                 | CUSIP: 718172CX5<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    310000 | PA      | $326445.50    | 0.72%             | 2032-11-17      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CSX CORP                                       | CSX Corp                                                                        | CUSIP: 126408HU0<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    205000 | PA      | $199184.15    | 0.44%             | 2032-11-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: —       |
| KILROY REALTY LP                               | Kilroy Realty LP                                                                | CUSIP: 49427RAQ5<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              |  | US        |     90000 | PA      | $66411.00     | 0.15%             | 2032-11-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BRUNSWICK CORP                                 | Brunswick Corp/DE                                                               | CUSIP: 117043AU3<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | DBT              | CORP              | US        |    105000 | PA      | $90583.50     | 0.20%             | 2032-09-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                               | Coca-Cola Co/The                                                                | CUSIP: 191216DP2<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    350000 | PA      | $302851.50    | 0.67%             | 2032-01-05      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| AVNET INC                                      | Avnet Inc                                                                       | CUSIP: 053807AV5<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73839.75     | 0.16%             | 2032-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| PROCTER & GAMBLE CO/THE                        | Procter & Gamble Co/The                                                         | CUSIP: 742718FW4<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |    150000 | PA      | $131628.00    | 0.29%             | 2032-02-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                            | American Tower Corp                                                             | CUSIP: 03027XBW9<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    140000 | PA      | $129764.60    | 0.29%             | 2032-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: —       |
| WELLTOWER OP LLC                               | Welltower OP LLC                                                                | CUSIP: 95040QAR5<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |     85000 | PA      | $76157.45     | 0.17%             | 2032-06-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS                       | Targa Resources Partners LP / Targa Resources Partners Finance Corp             | CUSIP: 87612BBU5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $153844.25    | 0.34%             | 2032-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TELUS CORP                                     | TELUS Corp                                                                      | CUSIP: 87971MBW2<br>LEI: L2TEUTQ8OSHMJWVLCE40 | Long             | DBT              | CORP              | CA        |    195000 | PA      | $172955.25    | 0.38%             | 2032-05-13      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                           | Boston Properties LP                                                            | CUSIP: 10112RBE3<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              |  | US        |    145000 | PA      | $114574.65    | 0.25%             | 2032-04-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| AON CORP/AON GLOBAL HOLD                       | Aon Corp / Aon Global Holdings PLC                                              | CUSIP: 03740LAF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $86960.10     | 0.19%             | 2032-09-12      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                               | Paramount Global                                                                | CUSIP: 92556HAD9<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    200000 | PA      | $172026.00    | 0.38%             | 2032-05-19      | Fixed         | 4.20%                 | No            |                  2 | On Loan: —       |
| JM SMUCKER CO                                  | J M Smucker Co/The                                                              | CUSIP: 832696AU2<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |     75000 | PA      | $61388.25     | 0.14%             | 2032-03-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| QUANTA SERVICES INC                            | Quanta Services Inc                                                             | CUSIP: 74762EAH5<br>LEI: SHVRXXEACT60MMH07S24 | Long             | DBT              | CORP              | US        |    125000 | PA      | $99978.75     | 0.22%             | 2032-01-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                 | Lowe's Cos Inc                                                                  | CUSIP: 548661EH6<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    310000 | PA      | $287450.60    | 0.63%             | 2032-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| TIMKEN CO                                      | Timken Co/The                                                                   | CUSIP: 887389AL8<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | DBT              | CORP              | US        |     80000 | PA      | $73880.00     | 0.16%             | 2032-04-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                             | Realty Income Corp                                                              | CUSIP: 756109BL7<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |    125000 | PA      | $106935.00    | 0.24%             | 2032-12-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Intel Corp                                     | Intel Corp                                                                      | CUSIP: 458140AN0<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    130000 | PA      | $123449.30    | 0.27%             | 2032-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| AIR LEASE CORP                                 | Air Lease Corp                                                                  | CUSIP: 00914AAS1<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    165000 | PA      | $135720.75    | 0.30%             | 2032-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE TELEKOM INT FIN                       | Deutsche Telekom International Finance BV                                       | CUSIP: 25156PAD5<br>LEI: 529900ERDFHS6C1M4U58 | Long             | DBT              | CORP              | NL        |     90000 | PA      | $117630.90    | 0.26%             | 2032-06-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                         | Williams Cos Inc/The                                                            | CUSIP: 969457BZ2<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    220000 | PA      | $214605.60    | 0.47%             | 2032-08-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                            | Bank of Nova Scotia/The                                                         | CUSIP: 06417XAE1<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    190000 | PA      | $159149.70    | 0.35%             | 2032-02-02      | Fixed         | 2.45%                 | No            |                  2 | On Loan: —       |
| BROADCOM INC                                   | Broadcom Inc                                                                    | CUSIP: 11135FAS0<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    350000 | PA      | $322175.00    | 0.71%             | 2032-11-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY RES                         | CenterPoint Energy Resources Corp                                               | CUSIP: 15189WAP5<br>LEI: 2JADVB0458J06WCD4N56 | Long             | DBT              | CORP              | US        |     90000 | PA      | $89424.00     | 0.20%             | 2032-07-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: —       |
| EVERSOURCE ENERGY                              | Eversource Energy                                                               | CUSIP: 30040WAP3<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |    135000 | PA      | $121950.90    | 0.27%             | 2032-03-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                            | Elevance Health Inc                                                             | CUSIP: 036752AT0<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    145000 | PA      | $139378.35    | 0.31%             | 2032-05-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                 | Home Depot Inc/The                                                              | CUSIP: 437076CS9<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    280000 | PA      | $283388.00    | 0.62%             | 2032-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                           | Keurig Dr Pepper Inc                                                            | CUSIP: 49271VAQ3<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |    190000 | PA      | $180013.60    | 0.40%             | 2032-04-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: —       |
| AEP TEXAS INC                                  | AEP Texas Inc                                                                   | CUSIP: 00108WAP5<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |     90000 | PA      | $89685.90     | 0.20%             | 2032-05-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: —       |
| AMEREN ILLINOIS CO                             | Ameren Illinois Co                                                              | CUSIP: 02361DAY6<br>LEI: RC71E2BZ6UOMFPDJSE79 | Long             | DBT              | CORP              | US        |     75000 | PA      | $71986.50     | 0.16%             | 2032-09-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH EDISON CO                         | Commonwealth Edison Co                                                          | CUSIP: 202795JW1<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |     25000 | PA      | $22545.50     | 0.05%             | 2032-03-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                    | MetLife Inc                                                                     | CUSIP: 59156RAE8<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    105000 | PA      | $120924.30    | 0.27%             | 2032-12-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY FIN                         | Berkshire Hathaway Finance Corp                                                 | CUSIP: 084664DA6<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |    175000 | PA      | $156812.25    | 0.35%             | 2032-03-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| MONDELEZ INTERNATIONAL                         | Mondelez International Inc                                                      | CUSIP: 609207AY1<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |    110000 | PA      | $87596.30     | 0.19%             | 2032-10-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECH INC                         | GE HealthCare Technologies Inc                                                  | CUSIP: 36267VAJ2<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |    320000 | PA      | $346515.20    | 0.76%             | 2032-11-22      | Fixed         | 5.91%                 | No            |                  2 | On Loan: No      |
| ATMOS ENERGY CORP                              | Atmos Energy Corp                                                               | CUSIP: 049560AX3<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |     50000 | PA      | $53697.00     | 0.12%             | 2032-10-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: —       |
| FACTSET RESEARCH SYSTEMS                       | FactSet Research Systems Inc                                                    | CUSIP: 303075AB1<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | DBT              | CORP              | US        |     90000 | PA      | $79200.00     | 0.17%             | 2032-03-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                    | Equinix Inc                                                                     | CUSIP: 29444UBU9<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |    210000 | PA      | $193160.10    | 0.43%             | 2032-04-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OP                            | Invitation Homes Operating Partnership LP                                       | CUSIP: 46188BAD4<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              |  | US        |    100000 | PA      | $91822.00     | 0.20%             | 2032-04-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2019-2 AA PTT                       | United Airlines 2019-2 Class AA Pass Through Trust                              | CUSIP: 90932JAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110566 | PA      | $91549.38     | 0.20%             | 2032-05-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: —       |
| AMAZON.COM INC                                 | Amazon.com Inc                                                                  | CUSIP: 023135CH7<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    485000 | PA      | $461074.95    | 1.02%             | 2032-04-13      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| SPIRIT REALTY LP                               | Spirit Realty LP                                                                | CUSIP: 84861TAJ7<br>LEI: 549300GTBVIBJRX5BW73 | Long             | DBT              |  | US        |     90000 | PA      | $69802.20     | 0.15%             | 2032-02-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                    | Walmart Inc                                                                     | CUSIP: 931142EY5<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    215000 | PA      | $215402.05    | 0.47%             | 2032-09-09      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| DISCOVER FINANCIAL SVS                         | Discover Financial Services                                                     | CUSIP: 254709AS7<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | DBT              | CORP              | US        |    145000 | PA      | $154951.35    | 0.34%             | 2032-11-29      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| COSTCO WHOLESALE CORP                          | Costco Wholesale Corp                                                           | CUSIP: 22160KAQ8<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | DBT              | CORP              | US        |    175000 | PA      | $144312.00    | 0.32%             | 2032-04-20      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES | BlackRock Cash Funds: Treasury, SL Agency Shares                                | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |    180000 | NS      | $180000.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| TAPESTRY INC                                   | Tapestry Inc                                                                    | CUSIP: 876030AA5<br>LEI: 549300LJNVY5SW3VTN33 | Long             | DBT              | CORP              | US        |     90000 | PA      | $73746.90     | 0.16%             | 2032-03-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: —       |
| JBS USA/FOOD/FINANCE                           | JBS USA LUX SA / JBS USA Food Co / JBS USA Finance Inc                          | CUSIP: 46590XAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    270000 | PA      | $214515.00    | 0.47%             | 2032-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                       | Virginia Electric and Power Co                                                  | CUSIP: 927804GG3<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |     60000 | PA      | $50691.60     | 0.11%             | 2032-03-30      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                               | BAT Capital Corp                                                                | CUSIP: 05526DBX2<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    105000 | PA      | $117171.60    | 0.26%             | 2032-10-19      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CENOVUS ENERGY INC                             | Cenovus Energy Inc                                                              | CUSIP: 15135UAW9<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |     85000 | PA      | $70780.35     | 0.16%             | 2032-01-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| CUBESMART LP                                   | CubeSmart LP                                                                    | CUSIP: 22966RAJ5<br>LEI: 549300MPHKO3I3FJRA97 | Long             | DBT              |  | US        |    125000 | PA      | $100932.50    | 0.22%             | 2032-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-01

**Name of Applicant:** iShares Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer